Wanted Lab (XKRX:376980) Retained Earnings : ₩31,800 Mil (As of Mar. 2024)

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What is Wanted Lab Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Wanted Lab's retained earnings for the quarter that ended in Mar. 2024 was ₩31,800 Mil.

Wanted Lab's quarterly retained earnings declined from Sep. 2023 (₩32,597 Mil) to Dec. 2023 (₩32,249 Mil) and declined from Dec. 2023 (₩32,249 Mil) to Mar. 2024 (₩31,800 Mil).

Wanted Lab's annual retained earnings increased from Dec. 2020 (₩-29,845 Mil) to Dec. 2021 (₩-26,351 Mil) and increased from Dec. 2021 (₩-26,351 Mil) to Dec. 2022 (₩30,857 Mil).

Wanted Lab Retained Earnings Historical Data

The historical data trend for Wanted Lab'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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Wanted Lab Retained Earnings Chart

Wanted Lab Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Retained Earnings

-20,686.93

-29,844.87

-26,350.85

30,856.90

Wanted Lab Quarterly Data
	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial											31,547.84	31,785.30	32,597.45	32,249.32	31,799.91

Wanted Lab 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.

Wanted Lab (XKRX:376980) 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.

Wanted Lab (XKRX:376980) Business Description

Industry

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Traded in Other Exchanges

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Address

300 Olympic-ro, Lotte World Tower 35th Floor, Songpa-gu, Seoul, KOR

Website

https://www.wanted.co.kr

Wanted Lab Inc analyzes career big data and predicts admission with AI. It offers more personalized positions, content and training to accompany on your career journey.

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