Micro2nano (XKRX:424980) Retained Earnings : ₩1,859 Mil (As of Sep. 2024)

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What is Micro2nano Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Micro2nano's retained earnings for the quarter that ended in Sep. 2024 was ₩1,859 Mil.

Micro2nano's quarterly retained earnings declined from Mar. 2024 (₩4,824 Mil) to Jun. 2024 (₩2,551 Mil) and declined from Jun. 2024 (₩2,551 Mil) to Sep. 2024 (₩1,859 Mil).

Micro2nano's annual retained earnings increased from Dec. 2021 (₩8,865 Mil) to Dec. 2022 (₩15,019 Mil) but then declined from Dec. 2022 (₩15,019 Mil) to Dec. 2023 (₩7,068 Mil).

Micro2nano Retained Earnings Historical Data

The historical data trend for Micro2nano'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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Micro2nano Retained Earnings Chart

Micro2nano Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

4,683.57

8,864.89

15,019.10

7,067.79

Micro2nano Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial					9,015.71	7,067.79	4,824.29	2,551.16	1,859.24

Micro2nano 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.

Micro2nano (XKRX:424980) 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.

Micro2nano Business Description

Industry

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Address

43, Deokseongsandan 2-ro 50beon-gil, Idong-eup, Cheoin-gu, Gyeonggi-do, Yongin-si, KOR

Website

https://www.micro2nano.com

Micro2nano Inc engages in manufacturing products from micro to nano units by utilizing MEMS technology using a semiconductor process. Its products comprise semiconductor components, optical components, medical devices, and automotive components.

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