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DT&CRO Co (XKRX:383930) Retained Earnings : ₩-24,609 Mil (As of Sep. 2024)


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What is DT&CRO Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. DT&CRO Co's retained earnings for the quarter that ended in Sep. 2024 was ₩-24,609 Mil.

DT&CRO Co's quarterly retained earnings declined from Mar. 2024 (₩-17,550 Mil) to Jun. 2024 (₩-22,779 Mil) and declined from Jun. 2024 (₩-22,779 Mil) to Sep. 2024 (₩-24,609 Mil).

DT&CRO Co's annual retained earnings increased from Dec. 2021 (₩-1,536 Mil) to Dec. 2022 (₩3,719 Mil) but then declined from Dec. 2022 (₩3,719 Mil) to Dec. 2023 (₩-12,917 Mil).


DT&CRO Co Retained Earnings Historical Data

The historical data trend for DT&CRO Co's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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DT&CRO Co Retained Earnings Chart

DT&CRO Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-5,863.96 -1,536.43 3,719.08 -12,916.55

DT&CRO Co Quarterly Data
Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -128.71 -12,916.55 -17,549.62 -22,778.87 -24,609.10

DT&CRO Co Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


DT&CRO Co  (XKRX:383930) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


DT&CRO Co Business Description

Traded in Other Exchanges
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Address
28, Baengnyeong-ro 20beon-gil, 2nd, 3rd, 4th floor, Na-dong, Cheoin-gu, Gyeonggi-do (Yubang-dong), Yongin-si, KOR, 17042
DT&CRO Co Ltd conducts a series of consigned research, from non-clinical GLP toxicity, PK, and efficacy tests required for licensing of pharmaceuticals, chemicals, health functional foods, cosmetics and medical devices, to analysis, bioactivity, clinical trials, and licensing consulting. provided as a service.

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