Orbitech Co (XKRX:046120) Retained Earnings : ₩-29,395 Mil (As of Mar. 2024)

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What is Orbitech Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Orbitech Co's retained earnings for the quarter that ended in Mar. 2024 was ₩-29,395 Mil.

Orbitech Co's quarterly retained earnings declined from Sep. 2023 (₩-26,157 Mil) to Dec. 2023 (₩-29,931 Mil) but then increased from Dec. 2023 (₩-29,931 Mil) to Mar. 2024 (₩-29,395 Mil).

Orbitech Co's annual retained earnings declined from Dec. 2021 (₩-14,270 Mil) to Dec. 2022 (₩-27,302 Mil) and declined from Dec. 2022 (₩-27,302 Mil) to Dec. 2023 (₩-29,931 Mil).

Orbitech Co Retained Earnings Historical Data

The historical data trend for Orbitech 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.

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Orbitech Co Retained Earnings Chart

Orbitech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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2,963.02

-18,563.72

-14,269.94

-27,302.00

-29,930.99

Orbitech Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-29,667.20	-31,435.56	-26,157.05	-29,930.99	-29,395.37

Orbitech 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.

Orbitech Co (XKRX:046120) 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.

Orbitech Co (XKRX:046120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Orbitech Co Ltd (XKRX:046120) » Definitions » Retained Earnings

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Address

Number 1130 Beoman-ro, 8th Gasan-Digital-Empire, Geumcheon-gu, Seoul, KOR

Website

http://www.orbitech.co.kr

Orbitech Co., Ltd. provides testing services. Its provides non-destructive inspection technology services and consulting, as well as third party test and inspection equipments. Its Nuclear Energy Business provides radiation-related services for various facilities and utilities such as nuclear power plants, nuclear fuel processing facilities, laboratories and hospitals.

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