Syrah Resources (ASX:SYR) Retained Earnings: A$-969.15 Mil (As of Dec. 2025)

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ASX:SYR Syrah Resources Ltd ASX:SYR
34 GF Score
Price A$0.12
GF Value A$0.17
Valuation Possible Value Trap
! 8 Warning Signs
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What is Syrah Resources Retained Earnings?

Syrah Resources ASX:SYR 34 Retained Earnings is A$-969.15 Mil as of Dec. 2025. GuruFocus rates ASX:SYR with a GF Score™ of 34/100 and a GF Value™ of A$0.17 (Possible Value Trap). The stock has 8 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Syrah Resources's retained earnings for the quarter that ended in Dec. 2025 was A$-969.15 Mil.

Syrah Resources's quarterly retained earnings declined from Dec. 2024 (A$-864.32 Mil) to Jun. 2025 (A$-928.64 Mil) and declined from Jun. 2025 (A$-928.64 Mil) to Dec. 2025 (A$-969.15 Mil).

Syrah Resources's annual retained earnings declined from Dec. 2023 (A$-634.92 Mil) to Dec. 2024 (A$-864.32 Mil) and declined from Dec. 2024 (A$-864.32 Mil) to Dec. 2025 (A$-969.15 Mil).


Syrah Resources  (ASX:SYR) 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.


Syrah Resources Retained Earnings Historical Data

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The historical data trend for Syrah Resources'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.

Syrah Resources Retained Earnings Chart

Syrah Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -443.18 -505.50 -634.92 -864.32 -969.15

Syrah Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -634.92 -739.04 -864.32 -928.64 -969.15
ASX:SYR
34GF Score
Syrah Resources Ltd ASX:SYR
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Syrah Resources 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of A$-969.15 Mil mean?
Syrah Resources (ASX:SYR) has a Retained Earnings of A$-969.15 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Syrah Resources and its competitors.
Is Syrah Resources' Retained Earnings too high?
Syrah Resources' current Retained Earnings is A$-969.15 Mil. Overall, Syrah Resources has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Syrah Resources' Retained Earnings compare to competitors?
Syrah Resources' Retained Earnings of A$-969.15 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Metals & Mining company?
A good Retained Earnings depends on the Metals & Mining industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Syrah Resources and its competitors. Syrah Resources's current Retained Earnings is A$-969.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Syrah Resources stock overvalued right now?
Based on GuruFocus' analysis, Syrah Resources (ASX:SYR) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.17, compared to a current price of A$0.12 — trading 32.4% below its estimated fair value. The current Retained Earnings is A$-969.15 Mil. Syrah Resources' overall GF Score™ is 34/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Syrah Resources (ASX:SYR), the current Retained Earnings is A$-969.15 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Syrah Resources (ASX:SYR) Overvalued in 2026?

Based on GuruFocus' analysis, Syrah Resources stock appears to be undervalued. The current stock price of A$0.12 is trading 32.4% below its estimated GF Value™ of A$0.17. GuruFocus considers Syrah Resources to be Possible Value Trap.

Key valuation signals for ASX:SYR:

  • Retained Earnings: A$-969.15 Mil
  • GF Value™: A$0.17 vs. price of A$0.12 (32.4% below fair value)
  • GF Score™: 34/100 with 8 warning signs

No single metric tells the full story. See the ASX:SYR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Syrah Resources Business Description

Address 477 Collins Street, Level 7, Melbourne, VIC, AUS, 3000
Syrah Resources Ltd is a vertically integrated graphite and battery anode material producer. It supplies products for battery and industrial applications. The company operates in three segments: i) Balama: Production, distribution and sale of natural graphite from the Balama Graphite Operation in Mozambique, ii) Vidalia: Production, qualification and sale of AAM from the Vidalia AAM facility, and Corporate: Corporate administration, treasury and investing activities. The majority of revenue is derived from the Balama segment. Geographically, the maximum revenue is derived from Asia (excluding China and India), and the rest from China, Europe, India, the Americas, and Other locations.
34GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.12
Price
A$0.17
GF Value