Turk Ilac ve Serumnayi (IST:TRILC) Retained Earnings: ₺284 Mil (As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

IST:TRILC Turk Ilac ve Serum Sanayi IST:TRILC
61 GF Score
Price ₺1.38
GF Value ₺3.64
Valuation Possible Value Trap
! 11 Warning Signs
View Full Analysis

What is Turk Ilac ve Serumnayi Retained Earnings?

Turk Ilac ve Serumnayi IST:TRILC +7.81% 61 Retained Earnings is ₺284 Mil as of Sep. 2025. GuruFocus rates IST:TRILC with a GF Score™ of 61/100 and a GF Value™ of ₺3.64 (Possible Value Trap). The stock has 11 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Turk Ilac ve Serumnayi's retained earnings for the quarter that ended in Sep. 2025 was ₺284 Mil.

Turk Ilac ve Serumnayi's quarterly retained earnings declined from Mar. 2025 (₺383 Mil) to Jun. 2025 (₺154 Mil) but then increased from Jun. 2025 (₺154 Mil) to Sep. 2025 (₺284 Mil).

Turk Ilac ve Serumnayi's annual retained earnings increased from Dec. 2022 (₺277 Mil) to Dec. 2023 (₺549 Mil) and increased from Dec. 2023 (₺549 Mil) to Dec. 2024 (₺621 Mil).


Turk Ilac ve Serumnayi  (IST:TRILC) 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.


Turk Ilac ve Serumnayi Retained Earnings Historical Data

* Premium members only.

The historical data trend for Turk Ilac ve Serumnayi'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.

Turk Ilac ve Serumnayi Retained Earnings Chart

Turk Ilac ve Serumnayi Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
29.39 66.52 277.00 548.69 621.05

Turk Ilac ve Serumnayi Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 589.49 621.05 382.65 153.75 284.30
IST:TRILC
61GF Score
Turk Ilac ve Serum Sanayi IST:TRILC
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Turk Ilac ve Serumnayi 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 ₺284 Mil mean?
Turk Ilac ve Serumnayi (IST:TRILC) has a Retained Earnings of ₺284 Mil as of Sep. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Turk Ilac ve Serumnayi and its competitors.
Is Turk Ilac ve Serumnayi's Retained Earnings too high?
Turk Ilac ve Serumnayi's current Retained Earnings is ₺284 Mil. Overall, Turk Ilac ve Serumnayi has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Turk Ilac ve Serumnayi's Retained Earnings compare to ZTS and UTHR?
Turk Ilac ve Serumnayi's Retained Earnings of ₺284 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Retained Earnings depends on the Drug Manufacturers 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 Turk Ilac ve Serumnayi and its competitors. Turk Ilac ve Serumnayi's current Retained Earnings is ₺284 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turk Ilac ve Serumnayi stock overvalued right now?
Based on GuruFocus' analysis, Turk Ilac ve Serumnayi (IST:TRILC) is currently considered Possible Value Trap. The stock's GF Value™ is ₺3.64, compared to a current price of ₺1.38 — trading 62.1% below its estimated fair value. The current Retained Earnings is ₺284 Mil. Turk Ilac ve Serumnayi's overall GF Score™ is 61/100 with 11 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 Turk Ilac ve Serumnayi (IST:TRILC), the current Retained Earnings is ₺284 Mil as of Sep. 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 Turk Ilac ve Serumnayi (IST:TRILC) Overvalued in 2026?

Based on GuruFocus' analysis, Turk Ilac ve Serumnayi stock appears to be undervalued. The current stock price of ₺1.38 is trading 62.1% below its estimated GF Value™ of ₺3.64. GuruFocus considers Turk Ilac ve Serumnayi to be Possible Value Trap.

Key valuation signals for IST:TRILC:

  • Retained Earnings: ₺284 Mil
  • GF Value™: ₺3.64 vs. price of ₺1.38 (62.1% below fair value)
  • GF Score™: 61/100 with 11 warning signs

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


Turk Ilac ve Serumnayi Business Description

Address Bugduz Mahalle Enver Pasa Cadde, No: 8 Akyurt, Ankara, TUR, TR 06750
Turk Ilac ve Serum Sanayi is engaged in the production of human pharmaceuticals and vaccines.
61GF Score

Get the complete analysis for IST:TRILC

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

₺1.38
Price
₺3.64
GF Value