U2Bio Co (XKRX:221800) Retained Earnings : ₩17,563 Mil (As of Jun. 2024)

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What is U2Bio Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. U2Bio Co's retained earnings for the quarter that ended in Jun. 2024 was ₩17,563 Mil.

U2Bio Co's quarterly retained earnings declined from Jun. 2023 (₩19,085 Mil) to Mar. 2024 (₩17,698 Mil) and declined from Mar. 2024 (₩17,698 Mil) to Jun. 2024 (₩17,563 Mil).

U2Bio Co's annual retained earnings increased from Dec. 2021 (₩6,843 Mil) to Dec. 2022 (₩19,164 Mil) but then declined from Dec. 2022 (₩19,164 Mil) to Dec. 2023 (₩18,422 Mil).

U2Bio Co Retained Earnings Historical Data

The historical data trend for U2Bio 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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U2Bio Co Retained Earnings Chart

U2Bio Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-313.87

-1,707.51

6,843.16

19,163.68

18,421.90

U2Bio Co Quarterly Data
	Jun22	Mar23	Jun23	Mar24	Jun24
Retained Earnings	-	-	19,085.17	17,698.32	17,563.39

U2Bio 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.

U2Bio Co (XKRX:221800) 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.

U2Bio Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » U2Bio Co Ltd (XKRX:221800) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

Basement 1, 68 Gumaro Songpagu, Seoul, KOR

Website

http://www.u2bio.co.kr

U2Bio Co Ltd provides vitro diagnostic test services. The company is engaged in offering general diagnostic tests, molecular diagnostic tests, and breastfeeding nutritional analysis services among others.

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