Hanssak Co (XKRX:430690) Retained Earnings : ₩12,411 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Hanssak Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hanssak Co's retained earnings for the quarter that ended in Mar. 2024 was ₩12,411 Mil.

Hanssak Co's quarterly retained earnings increased from Sep. 2023 (₩10,241 Mil) to Dec. 2023 (₩13,461 Mil) but then declined from Dec. 2023 (₩13,461 Mil) to Mar. 2024 (₩12,411 Mil).

Hanssak Co's annual retained earnings increased from Dec. 2021 (₩8,024 Mil) to Dec. 2022 (₩10,229 Mil) and increased from Dec. 2022 (₩10,229 Mil) to Dec. 2023 (₩13,461 Mil).

Hanssak Co Retained Earnings Historical Data

The historical data trend for Hanssak 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.

* Premium members only.

Hanssak Co Retained Earnings Chart

Hanssak Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

4,389.92

8,023.90

10,229.32

13,460.62

Hanssak Co Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial			10,229.32	-	10,241.34	13,460.62	12,410.97

Hanssak 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.

Hanssak Co (XKRX:430690) 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.

Hanssak Co (XKRX:430690) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hanssak Co Ltd (XKRX:430690) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 401, 27, Digital-ro 34-gil, Guro-gu, Daeryung Post Tower No.3, Seoul, KOR

Website

http://www.hanssak.co.kr

Hanssak Co Ltd is an IT security company whose main business is application software development and supply. Their portfolio of products include manganese data transmission solution, password management solution, secure electronic fax solution, smart billing solution, and integrated control system.

Hanssak Co (XKRX:430690) Headlines

No Headlines