Unid Btplus (XKRX:446070) Retained Earnings : ₩32,353 Mil (As of Mar. 2024)

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What is Unid Btplus Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Unid Btplus's retained earnings for the quarter that ended in Mar. 2024 was ₩32,353 Mil.

Unid Btplus's quarterly retained earnings declined from Sep. 2023 (₩32,864 Mil) to Dec. 2023 (₩31,297 Mil) but then increased from Dec. 2023 (₩31,297 Mil) to Mar. 2024 (₩32,353 Mil).

Unid Btplus's annual retained earnings stayed the same from . 20 (₩0 Mil) to . 20 (₩0 Mil) but then increased from . 20 (₩0 Mil) to Dec. 2022 (₩1,538 Mil).

Unid Btplus Retained Earnings Historical Data

The historical data trend for Unid Btplus'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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Unid Btplus Retained Earnings Chart

Unid Btplus Annual Data

Trend

Dec22

Retained Earnings

1,537.55

Unid Btplus Quarterly Data
	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	31,530.75	31,137.91	32,863.86	31,297.22	32,352.94

Unid Btplus 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.

Unid Btplus (XKRX:446070) 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.

Unid Btplus (XKRX:446070) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Unid Btplus (XKRX:446070) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Eulji-ro 5-gil, Jung-gu, 17th Floor, Ferrum Tower, Suha-dong, Seoul, KOR

Website

https://www.unidbtplus.co.kr

Unid Btplus manufactures Medium Density Fiberboard (MDF), the main raw materials of furniture and interior design, and OLGODA flooring products.

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