SK REIT Co (XKRX:395400) Retained Earnings : ₩-42,169 Mil (As of Jun. 2024)

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What is SK REIT Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SK REIT Co's retained earnings for the quarter that ended in Jun. 2024 was ₩-42,169 Mil.

SK REIT Co's quarterly retained earnings declined from Jun. 2022 (₩7,811 Mil) to Jun. 2023 (₩-13,239 Mil) and declined from Jun. 2023 (₩-13,239 Mil) to Jun. 2024 (₩-42,169 Mil).

SK REIT Co's annual retained earnings declined from Mar. 2022 (₩10,094 Mil) to Mar. 2023 (₩-5,458 Mil) and declined from Mar. 2023 (₩-5,458 Mil) to Mar. 2024 (₩-29,612 Mil).

SK REIT Co Retained Earnings Historical Data

The historical data trend for SK REIT 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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SK REIT Co Retained Earnings Chart

SK REIT Co Annual Data

Trend

Jun21

Mar22

Mar23

Mar24

Retained Earnings

0.08

10,094.16

-5,458.39

-29,611.64

SK REIT Co Semi-Annual Data
	Jun21	Jun22	Jun23	Jun24
Retained Earnings	0.08	7,811.43	-13,239.05	-42,169.49

SK REIT 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.

SK REIT Co (XKRX:395400) 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.

SK REIT Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SK REIT Co Ltd (XKRX:395400) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

136 Sejong-daero, 15th Floor, Taepyeong-ro 1-ga, Finance Building, Jung-gu, Seoul, KOR

Website

http://www.skreit.co.kr

SK REIT Co Ltd operates as a Real Estate Investment Trust. Its assets investment comprises of SK Seorin Building which is an integrated office building and SK gas station assets comprising its land and building.

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