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Seoul Semiconductor Co (XKRX:046890) Retained Earnings : ₩354,724 Mil (As of Mar. 2024)


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What is Seoul Semiconductor Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Seoul Semiconductor Co's retained earnings for the quarter that ended in Mar. 2024 was ₩354,724 Mil.

Seoul Semiconductor Co's quarterly retained earnings declined from Sep. 2023 (₩383,260 Mil) to Dec. 2023 (₩359,644 Mil) and declined from Dec. 2023 (₩359,644 Mil) to Mar. 2024 (₩354,724 Mil).

Seoul Semiconductor Co's annual retained earnings declined from Dec. 2021 (₩416,004 Mil) to Dec. 2022 (₩390,615 Mil) and declined from Dec. 2022 (₩390,615 Mil) to Dec. 2023 (₩359,644 Mil).


Seoul Semiconductor Co Retained Earnings Historical Data

The historical data trend for Seoul Semiconductor 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.

Seoul Semiconductor Co Retained Earnings Chart

Seoul Semiconductor Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 355,763.01 376,734.40 416,003.79 390,615.32 359,643.60

Seoul Semiconductor 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 380,013.04 384,867.04 383,259.88 359,643.60 354,723.88

Seoul Semiconductor 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.


Seoul Semiconductor Co  (XKRX:046890) 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.


Seoul Semiconductor Co (XKRX:046890) Business Description

Traded in Other Exchanges
N/A
Address
148-29 Gasan-dong, Geumcheon-gu, Seoul, KOR, 153-023
Seoul Semiconductor Co Ltd is a company catering to the semiconductor industry in Korea. It manufactures and markets light emitting diodes used in notice boards and billboards; customized modules used in lightings and home appliances, and sensors used in printers and vending machines. Its array of products includes side view LEDs, top view LEDs, chip LEDs, lamp LEDs and high flux LEDs. The company has markets located at home and abroad.

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