Sands Lab (XKRX:411080) Retained Earnings : ₩-1,666 Mil (As of Dec. 2024)

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What is Sands Lab Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sands Lab's retained earnings for the quarter that ended in Dec. 2024 was ₩-1,666 Mil.

Sands Lab's quarterly retained earnings declined from Jun. 2024 (₩-1,141 Mil) to Sep. 2024 (₩-1,827 Mil) but then increased from Sep. 2024 (₩-1,827 Mil) to Dec. 2024 (₩-1,666 Mil).

Sands Lab's annual retained earnings increased from Dec. 2022 (₩196 Mil) to Dec. 2023 (₩635 Mil) but then declined from Dec. 2023 (₩635 Mil) to Dec. 2024 (₩-1,666 Mil).

Sands Lab Retained Earnings Historical Data

The historical data trend for Sands Lab'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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Sands Lab Retained Earnings Chart

Sands Lab Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

-2,692.83

-1,959.11

195.93

634.65

-1,665.86

Sands Lab Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial										634.65	-781.77	-1,141.02	-1,827.34	-1,665.86

Sands Lab 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.

Sands Lab (XKRX:411080) 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.

Sands Lab Business Description

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Address

Seolleungno 577, Floor 4, Chosun-Newha Building, Gangnam-gu, Seoul, KOR

Website

https://www.sandslab.io

Sands Lab Inc provides the unprecedented intelligence service through a mutual organic ecosystem of Cyber Security, AI, Network and Data.

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