Sunshine Homes Development JSC (HSTC:SSH) Retained Earnings: ₫3,017,024 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HSTC:SSH Sunshine Homes Development JSC HSTC:SSH
51 GF Score
Price ₫61,700.00
GF Value ₫28,585.83
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Sunshine Homes Development JSC Retained Earnings?

Sunshine Homes Development JSC HSTC:SSH 51 Retained Earnings is ₫3,017,024 Mil as of Mar. 2026. GuruFocus rates HSTC:SSH with a GF Score™ of 51/100 and a GF Value™ of ₫28,585.83 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sunshine Homes Development JSC's retained earnings for the quarter that ended in Mar. 2026 was ₫3,017,024 Mil.

Sunshine Homes Development JSC's quarterly retained earnings declined from Sep. 2025 (₫2,854,499 Mil) to Dec. 2025 (₫2,740,921 Mil) but then increased from Dec. 2025 (₫2,740,921 Mil) to Mar. 2026 (₫3,017,024 Mil).

Sunshine Homes Development JSC's annual retained earnings increased from Dec. 2023 (₫2,335,854 Mil) to Dec. 2024 (₫3,140,207 Mil) but then declined from Dec. 2024 (₫3,140,207 Mil) to Dec. 2025 (₫2,740,921 Mil).


Sunshine Homes Development JSC  (HSTC:SSH) 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.


Sunshine Homes Development JSC Retained Earnings Historical Data

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The historical data trend for Sunshine Homes Development JSC'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.

Sunshine Homes Development JSC Retained Earnings Chart

Sunshine Homes Development JSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
863,794.70 1,174,619.08 2,335,854.38 3,140,207.03 2,740,921.07

Sunshine Homes Development JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3,147,515.76 2,897,104.86 2,854,499.31 2,740,921.07 3,017,024.38
HSTC:SSH
51GF Score
Sunshine Homes Development JSC HSTC:SSH
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunshine Homes Development JSC 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 ₫3,017,024 Mil mean?
Sunshine Homes Development JSC (HSTC:SSH) has a Retained Earnings of ₫3,017,024 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Sunshine Homes Development JSC and its competitors.
Is Sunshine Homes Development JSC's Retained Earnings too high?
Sunshine Homes Development JSC's current Retained Earnings is ₫3,017,024 Mil. Overall, Sunshine Homes Development JSC has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sunshine Homes Development JSC's Retained Earnings compare to competitors?
Sunshine Homes Development JSC's Retained Earnings of ₫3,017,024 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Retained Earnings depends on the Real Estate 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 Sunshine Homes Development JSC and its competitors. Sunshine Homes Development JSC's current Retained Earnings is ₫3,017,024 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunshine Homes Development JSC stock overvalued right now?
Based on GuruFocus' analysis, Sunshine Homes Development JSC (HSTC:SSH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫28,585.83, compared to a current price of ₫61,700.00 — trading 115.8% above its estimated fair value. The current Retained Earnings is ₫3,017,024 Mil. Sunshine Homes Development JSC's overall GF Score™ is 51/100 with 3 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 Sunshine Homes Development JSC (HSTC:SSH), the current Retained Earnings is ₫3,017,024 Mil as of Mar. 2026. 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 Sunshine Homes Development JSC (HSTC:SSH) Overvalued in 2026?

Based on GuruFocus' analysis, Sunshine Homes Development JSC stock appears to be overvalued. The current stock price of ₫61,700.00 is trading 115.8% above its estimated GF Value™ of ₫28,585.83. GuruFocus considers Sunshine Homes Development JSC to be Significantly Overvalued.

Key valuation signals for HSTC:SSH:

  • Retained Earnings: ₫3,017,024 Mil
  • GF Value™: ₫28,585.83 vs. price of ₫61,700.00 (115.8% above fair value)
  • GF Score™: 51/100 with 3 warning signs

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


Sunshine Homes Development JSC Business Description

Address 9th Floor, Sunshine Center building, 16 Pham Hung Street, My Dinh 2 Ward, Nam Tu Liem District, Hanoi City, VNM
Sunshine Homes Development JSC is engaged in the development and trading of real estate projects, motor vehicle rental, and management consultancy activities. The Company also conducts real estate business, including land use rights owned, used or leased, finishing of construction works, construction of residential and non-residential buildings, and real estate consultancy, brokerage, and management services. Its projects include Sunshine Marina Mui Ne - Hilltop Hotels & Resorts in Mui Ne Ward, Lam Dong Province; Sunshine Golf & Resort Lang Co in Lang Co, Hue; Noble Palace Tay Thang Long in O Dien, Hanoi City; Noble Palace Garden in Dan Phuong, Hanoi City; Noble Crystal Tay Ho WorldHotels Residence in Phu Thuong Ward, Hanoi City; and Noble Palace Tay Ho in Phu Thuong Ward, Hanoi City.
51GF Score

Get the complete analysis for HSTC:SSH

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

₫61,700.00
Price
₫28,585.83
GF Value