GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Dongkuk Coated Metal Co Ltd (XKRX:460850) » Definitions » Retained Earnings

Dongkuk Coated Metal Co (XKRX:460850) Retained Earnings : ₩160,933 Mil (As of Dec. 2024)


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

What is Dongkuk Coated Metal Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dongkuk Coated Metal Co's retained earnings for the quarter that ended in Dec. 2024 was ₩160,933 Mil.

Dongkuk Coated Metal Co's quarterly retained earnings increased from Jun. 2024 (₩148,491 Mil) to Sep. 2024 (₩160,742 Mil) and increased from Sep. 2024 (₩160,742 Mil) to Dec. 2024 (₩160,933 Mil).

Dongkuk Coated Metal Co's annual retained earnings increased from . 20 (₩0 Mil) to Dec. 2023 (₩7,266 Mil) and increased from Dec. 2023 (₩7,266 Mil) to Dec. 2024 (₩160,933 Mil).


Dongkuk Coated Metal Co Retained Earnings Historical Data

The historical data trend for Dongkuk Coated Metal 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.

* Premium members only.

Dongkuk Coated Metal Co Retained Earnings Chart

Dongkuk Coated Metal Co Annual Data
Trend Dec23 Dec24
Retained Earnings
7,265.84 160,932.84

Dongkuk Coated Metal Co Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Retained Earnings Get a 7-Day Free Trial 7,265.84 125,607.39 148,491.38 160,741.66 160,932.84

Dongkuk Coated Metal 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.


Dongkuk Coated Metal Co  (XKRX:460850) 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.


Dongkuk Coated Metal Co Business Description

Traded in Other Exchanges
N/A
Address
19 Euljiro 5-gil,, Jung-gu,, Seoul, KOR
Dongkuk Coated Metal Co Ltd manufactures steel products. Its product offerings comprise Pre-Coated Metal, Cold Rolled & Galvanized Steel, and processed Products for Construction.

Dongkuk Coated Metal Co Headlines

No Headlines