GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Fadu Inc (XKRX:440110) » Definitions » Retained Earnings

Fadu (XKRX:440110) Retained Earnings : ₩-50,944 Mil (As of Dec. 2023)


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

What is Fadu Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fadu's retained earnings for the quarter that ended in Dec. 2023 was ₩-50,944 Mil.

Fadu's quarterly retained earnings declined from Mar. 2023 (₩1,649 Mil) to Sep. 2023 (₩-27,987 Mil) and declined from Sep. 2023 (₩-27,987 Mil) to Dec. 2023 (₩-50,944 Mil).

Fadu's annual retained earnings declined from Dec. 2021 (₩-187,485 Mil) to Dec. 2022 (₩-414,247 Mil) but then increased from Dec. 2022 (₩-414,247 Mil) to Dec. 2023 (₩-50,944 Mil).


Fadu Retained Earnings Historical Data

The historical data trend for Fadu'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.

Fadu Retained Earnings Chart

Fadu Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-143,801.15 -187,485.02 -414,247.03 -50,944.00

Fadu Quarterly Data
Mar22 Sep22 Dec22 Mar23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial - -414,247.03 1,648.53 -27,986.81 -50,944.00

Fadu 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.


Fadu  (XKRX:440110) 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.


Fadu (XKRX:440110) Business Description

Traded in Other Exchanges
N/A
Address
16th, 17th Floor, 343 Hakdong-ro, Gangnam-gu, Seoul, KOR, 06060
Fadu Inc is a fabless semiconductor company innovating Flash storage technology and the Flash storage supply chain. The company is developing a revolutionary Flash Controller architecture for SSDs that meets the explosively diversifying data demands placed on enterprise datacenters.

Fadu (XKRX:440110) Headlines

No Headlines