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W-Scope Chungju Plant Co (XKRX:393890) Retained Earnings : ₩103,020 Mil (As of Mar. 2024)


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What is W-Scope Chungju Plant Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. W-Scope Chungju Plant Co's retained earnings for the quarter that ended in Mar. 2024 was ₩103,020 Mil.

W-Scope Chungju Plant Co's quarterly retained earnings increased from Sep. 2023 (₩98,364 Mil) to Dec. 2023 (₩99,679 Mil) and increased from Dec. 2023 (₩99,679 Mil) to Mar. 2024 (₩103,020 Mil).

W-Scope Chungju Plant Co's annual retained earnings increased from Dec. 2021 (₩-58,141 Mil) to Dec. 2022 (₩-2,327 Mil) and increased from Dec. 2022 (₩-2,327 Mil) to Dec. 2023 (₩99,679 Mil).


W-Scope Chungju Plant Co Retained Earnings Historical Data

The historical data trend for W-Scope Chungju Plant 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.

W-Scope Chungju Plant Co Retained Earnings Chart

W-Scope Chungju Plant Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -17,549.02 -48,128.81 -58,140.57 -2,326.61 99,679.26

W-Scope Chungju Plant Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69,369.70 82,537.92 98,364.12 99,679.26 103,020.36

W-Scope Chungju Plant 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.


W-Scope Chungju Plant Co  (XKRX:393890) 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.


W-Scope Chungju Plant Co (XKRX:393890) Business Description

Traded in Other Exchanges
N/A
Address
Shinagawa-ku, Tokyo, JPN
Website
W-Scope Chungju Plant Co Ltd is engaged in the business of battery parts and materials for automobiles and energy storage.

W-Scope Chungju Plant Co (XKRX:393890) Headlines

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