Mintech Co (XKRX:452200) Retained Earnings : ₩-39,824 Mil (As of Dec. 2024)

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What is Mintech Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mintech Co's retained earnings for the quarter that ended in Dec. 2024 was ₩-39,824 Mil.

Mintech Co's quarterly retained earnings declined from Jun. 2024 (₩-40,460 Mil) to Sep. 2024 (₩-43,741 Mil) but then increased from Sep. 2024 (₩-43,741 Mil) to Dec. 2024 (₩-39,824 Mil).

Mintech Co's annual retained earnings declined from Dec. 2022 (₩-15,885 Mil) to Dec. 2023 (₩-24,618 Mil) and declined from Dec. 2023 (₩-24,618 Mil) to Dec. 2024 (₩-39,824 Mil).

Mintech Co Retained Earnings Historical Data

The historical data trend for Mintech 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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Mintech Co Retained Earnings Chart

Mintech Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Retained Earnings

-8,655.53

-15,884.79

-24,618.19

-39,824.02

Mintech Co Quarterly Data
	Dec21	Sep22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial				-23,386.21	-24,618.19	-40,459.57	-43,740.52	-39,824.02

Mintech 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.

Mintech Co (XKRX:452200) 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.

Mintech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mintech Co Ltd (XKRX:452200) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

263-1, Techno 2-ro, Yuseong-gu, Daejeon, KOR

Website

https://www.g-mintech.co.kr/kor/main/?ckattempt=1

Mintech Co Ltd operates in Battery and Energy Storage Systems Industries. It is engaged in the design, development, and mass production of lithium secondary batteries, its specialists are equipped to implement electrochemical-based battery analysis methods and diagnostic algorithms and continue developing battery diagnostic solutions. Its products and solutions include ?Battery Inspection and Diagnosis Solutions, Integrated AC Impedance Formation Process, Reusable Battery ESS, Electric Vehicle Battery Discharger, and B On Scope.

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