Plasmapp Co (XKRX:405000) Retained Earnings : ₩-47,404 Mil (As of Sep. 2024)

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What is Plasmapp Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Plasmapp Co's retained earnings for the quarter that ended in Sep. 2024 was ₩-47,404 Mil.

Plasmapp Co's quarterly retained earnings declined from Mar. 2024 (₩-38,665 Mil) to Jun. 2024 (₩-41,560 Mil) and declined from Jun. 2024 (₩-41,560 Mil) to Sep. 2024 (₩-47,404 Mil).

Plasmapp Co's annual retained earnings increased from Dec. 2021 (₩-76,856 Mil) to Dec. 2022 (₩-17,091 Mil) but then declined from Dec. 2022 (₩-17,091 Mil) to Dec. 2023 (₩-35,482 Mil).

Plasmapp Co Retained Earnings Historical Data

The historical data trend for Plasmapp 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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Plasmapp Co Retained Earnings Chart

Plasmapp Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-55,171.06

-76,855.65

-17,090.53

-35,481.51

Plasmapp Co Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial						-31,034.93	-35,481.51	-38,664.74	-41,559.58	-47,404.17

Plasmapp 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.

Plasmapp Co (XKRX:405000) 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.

Plasmapp Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Plasmapp Co Ltd (XKRX:405000) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

Room 111, Bio Venture Center-dong, 125 Gwahak-ro, Yuseong-gu,, Daejeon, KOR

Website

https://www.plasmapp.com

Plasmapp Co Ltd operates as a medical solution company. It develops sterilization and disinfection technologies, regeneration activation technologies, and other technologies. Based on this technology, Plasmapp has devised a novel plasma sterilizer for medical tools known as STERPACK packaging pouches.

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