Woojin Ntec (XKRX:457550) Retained Earnings : ₩13,063 Mil (As of Jun. 2024)

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What is Woojin Ntec Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Woojin Ntec's retained earnings for the quarter that ended in Jun. 2024 was ₩13,063 Mil.

Woojin Ntec's quarterly retained earnings increased from Jun. 2023 (₩0 Mil) to Mar. 2024 (₩11,285 Mil) and increased from Mar. 2024 (₩11,285 Mil) to Jun. 2024 (₩13,063 Mil).

Woojin Ntec's annual retained earnings increased from . 20 (₩0 Mil) to Dec. 2022 (₩8,942 Mil) and increased from Dec. 2022 (₩8,942 Mil) to Dec. 2023 (₩12,475 Mil).

Woojin Ntec Retained Earnings Historical Data

The historical data trend for Woojin Ntec'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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Woojin Ntec Retained Earnings Chart

Woojin Ntec Annual Data

Trend

Dec22

Dec23

Retained Earnings

8,942.32

12,474.62

Woojin Ntec Quarterly Data
	Mar23	Jun23	Mar24	Jun24
Retained Earnings	-	-	11,285.39	13,062.51

Woojin Ntec 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.

Woojin Ntec (XKRX:457550) 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.

Woojin Ntec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Woojin Ntec Inc (XKRX:457550) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

24-1 Dongtanyeok-ro, Hwaseong-si, KOR

Website

https://woojinntec.com

Woojin Ntec Inc is a power generation facility maintenance company that provides the best comprehensive solutions through nuclear and thermal power plant measurement and control facility maintenance industry, power plant facility diagnosis, performance improvement, and research and development.

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