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Enjet Co (XKRX:419080) Retained Earnings : ₩10,812 Mil (As of Mar. 2024)


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What is Enjet Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Enjet Co's retained earnings for the quarter that ended in Mar. 2024 was ₩10,812 Mil.

Enjet Co's quarterly retained earnings increased from Sep. 2023 (₩-37,130 Mil) to Dec. 2023 (₩10,314 Mil) and increased from Dec. 2023 (₩10,314 Mil) to Mar. 2024 (₩10,812 Mil).

Enjet Co's annual retained earnings increased from Dec. 2021 (₩-41,623 Mil) to Dec. 2022 (₩-37,510 Mil) and increased from Dec. 2022 (₩-37,510 Mil) to Dec. 2023 (₩10,314 Mil).


Enjet Co Retained Earnings Historical Data

The historical data trend for Enjet 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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Enjet Co Retained Earnings Chart

Enjet Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-11,756.09 -41,623.22 -37,509.90 10,314.02

Enjet Co Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only -35,842.70 -36,696.78 -37,129.96 10,314.02 10,812.06

Enjet 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.


Enjet Co  (XKRX:419080) 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.


Enjet Co (XKRX:419080) Business Description

Traded in Other Exchanges
N/A
Address
No.45, Saneop-ro 92beon-gil, Gwonseon-gu, Gyeonggi-do, Suwon-si, KOR, 16643
Enjet Co Ltd produces and sells nanojet printers/coaters to help develop various industries such as smartphones, displays, semiconductors, glass, camera modules, bio, and materials industries. The firm produces printers, coaters, and other products.

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