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Angel Robotics Co (XKRX:455900) Retained Earnings : ₩-51,418 Mil (As of Mar. 2024)


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What is Angel Robotics Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Angel Robotics Co's retained earnings for the quarter that ended in Mar. 2024 was ₩-51,418 Mil.

Angel Robotics Co's quarterly retained earnings declined from Sep. 2023 (₩-47,774 Mil) to Dec. 2023 (₩-49,201 Mil) and declined from Dec. 2023 (₩-49,201 Mil) to Mar. 2024 (₩-51,418 Mil).

Angel Robotics Co's annual retained earnings declined from Dec. 2021 (₩-33,247 Mil) to Dec. 2022 (₩-39,957 Mil) and declined from Dec. 2022 (₩-39,957 Mil) to Dec. 2023 (₩-49,201 Mil).


Angel Robotics Co Retained Earnings Historical Data

The historical data trend for Angel Robotics 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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Angel Robotics Co Retained Earnings Chart

Angel Robotics Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-4,172.52 -33,247.33 -39,956.63 -49,200.69

Angel Robotics Co Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial -39,956.63 - -47,774.19 -49,200.69 -51,417.61

Angel Robotics 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.


Angel Robotics Co  (XKRX:455900) 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.


Angel Robotics Co (XKRX:455900) Business Description

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Address
37, Seongsui-ro 22-gil, Seongdong-gu, Rooms 1405-1407, 14th floor, Seoul, KOR
Angel Robotics Co Ltd is a company which is engaged in the business of researching, developing, manufacturing, and selling intelligent wearable robots. It manufactures and sell their core products, angel MEDI (wearable robot specializing in rehabilitation medicine), angel GEAR (industrial wearable robot), angel SUIT (wearable robot for daily life assistance), and angel KIT (core robot parts such as motor drivers and smart actuators). The company is engaged in business such as research and development services for wearable robots for defense purposes.

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