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Manyo Co (XKRX:439090) Retained Earnings : ₩64,586 Mil (As of Mar. 2024)


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What is Manyo Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Manyo Co's retained earnings for the quarter that ended in Mar. 2024 was ₩64,586 Mil.

Manyo Co's quarterly retained earnings increased from Sep. 2023 (₩58,274 Mil) to Dec. 2023 (₩61,632 Mil) and increased from Dec. 2023 (₩61,632 Mil) to Mar. 2024 (₩64,586 Mil).

Manyo Co's annual retained earnings increased from Dec. 2021 (₩32,703 Mil) to Dec. 2022 (₩50,000 Mil) and increased from Dec. 2022 (₩50,000 Mil) to Dec. 2023 (₩61,632 Mil).


Manyo Co Retained Earnings Historical Data

The historical data trend for Manyo 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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Manyo Co Retained Earnings Chart

Manyo Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 13,182.71 18,536.07 32,703.07 50,000.31 61,632.15

Manyo Co Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial - 55,026.26 58,273.67 61,632.15 64,585.63

Manyo 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.


Manyo Co  (XKRX:439090) 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.


Manyo Co (XKRX:439090) Business Description

Traded in Other Exchanges
N/A
Address
518 Gonghang-daero, Deungchon-dong, Gangseo-gu, Seoul, KOR
Manyo Co Ltd operates a cosmetics brand that sells naturalistic and functional skin care products made from natural ingredients. It engages in selling a wide range of products including cleansing, ampoule, essence, lotion, cream, eye cream, and other vegan cosmetics.

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