Studiomick Co (XKRX:415380) Retained Earnings : ₩17,460 Mil (As of Dec. 2024)

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What is Studiomick Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Studiomick Co's retained earnings for the quarter that ended in Dec. 2024 was ₩17,460 Mil.

Studiomick Co's quarterly retained earnings increased from Jun. 2024 (₩15,883 Mil) to Sep. 2024 (₩16,421 Mil) and increased from Sep. 2024 (₩16,421 Mil) to Dec. 2024 (₩17,460 Mil).

Studiomick Co's annual retained earnings increased from Dec. 2022 (₩11,642 Mil) to Dec. 2023 (₩13,815 Mil) and increased from Dec. 2023 (₩13,815 Mil) to Dec. 2024 (₩17,460 Mil).

Studiomick Co Retained Earnings Historical Data

The historical data trend for Studiomick 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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Studiomick Co Retained Earnings Chart

Studiomick Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

5,948.17

9,716.63

11,641.90

13,814.81

17,460.49

Studiomick Co Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial							13,814.81	14,734.14	15,882.76	16,421.46	17,460.49

Studiomick 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.

Studiomick Co (XKRX:415380) 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.

Studiomick Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Studio Samick Co Ltd (XKRX:415380) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

115, Tojeong-ro, Mapo-gu, Seoul, KOR, 04075

Website

http://www.studiosamick.com

Studio Samick Co Ltd is a company who is engaged in a home furnishing online distribution business that supplies various home furnishing products such as beds, mattresses, sofas, wardrobes, and body pillows that plan and design in-house to online channels. In addition, the company manages and supervises the delivery process between manufacturing partners and logistics consignors to establish a just-in-time production and on time delivery system.

Studiomick Co Headlines

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