Syong Shun Metal Co (ROCO:2073) Retained Earnings: NT$23.6 Mil (As of Jun. 2026)

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ROCO:2073 Syong Shun Metal Co Ltd ROCO:2073
76 GF Score
Price NT$26.30
GF Value NT$31.23
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Syong Shun Metal Co Retained Earnings?

Syong Shun Metal Co ROCO:2073 +5.62% 76 Retained Earnings is NT$23.6 Mil as of Jun. 2026. GuruFocus rates ROCO:2073 with a GF Score™ of 76/100 and a GF Value™ of NT$31.23 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Syong Shun Metal Co's retained earnings for the quarter that ended in Jun. 2026 was NT$23.6 Mil.

Syong Shun Metal Co's quarterly retained earnings declined from Dec. 2025 (NT$34.9 Mil) to Mar. 2026 (NT$27.1 Mil) and declined from Mar. 2026 (NT$27.1 Mil) to Jun. 2026 (NT$23.6 Mil).

Syong Shun Metal Co's annual retained earnings declined from Dec. 2023 (NT$68.2 Mil) to Dec. 2024 (NT$67.6 Mil) and declined from Dec. 2024 (NT$67.6 Mil) to Dec. 2025 (NT$34.9 Mil).


Syong Shun Metal Co  (ROCO:2073) 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.


Syong Shun Metal Co Retained Earnings Historical Data

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The historical data trend for Syong Shun Metal 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.

Syong Shun Metal Co Retained Earnings Chart

Syong Shun Metal Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial 140.17 110.18 68.22 67.57 34.86

Syong Shun Metal Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 43.97 36.58 34.86 27.13 23.62
ROCO:2073
76GF Score
Syong Shun Metal Co Ltd ROCO:2073
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Syong Shun Metal 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of NT$23.6 Mil mean?
Syong Shun Metal Co (ROCO:2073) has a Retained Earnings of NT$23.6 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Syong Shun Metal Co and its competitors.
Is Syong Shun Metal Co's Retained Earnings too high?
Syong Shun Metal Co's current Retained Earnings is NT$23.6 Mil. Overall, Syong Shun Metal Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Syong Shun Metal Co's Retained Earnings compare to NUE and STLD?
Syong Shun Metal Co's Retained Earnings of NT$23.6 Mil can be compared against companies in the Steel 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 Steel company?
A good Retained Earnings depends on the Steel 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 Syong Shun Metal Co and its competitors. Syong Shun Metal Co's current Retained Earnings is NT$23.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Syong Shun Metal Co stock overvalued right now?
Based on GuruFocus' analysis, Syong Shun Metal Co (ROCO:2073) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$31.23, compared to a current price of NT$26.30 — trading 15.8% below its estimated fair value. The current Retained Earnings is NT$23.6 Mil. Syong Shun Metal Co's overall GF Score™ is 76/100 with 9 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 Syong Shun Metal Co (ROCO:2073), the current Retained Earnings is NT$23.6 Mil as of Jun. 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 Syong Shun Metal Co (ROCO:2073) Overvalued in 2026?

Based on GuruFocus' analysis, Syong Shun Metal Co stock appears to be undervalued. The current stock price of NT$26.30 is trading 15.8% below its estimated GF Value™ of NT$31.23. GuruFocus considers Syong Shun Metal Co to be Modestly Undervalued.

Key valuation signals for ROCO:2073:

  • Retained Earnings: NT$23.6 Mil
  • GF Value™: NT$31.23 vs. price of NT$26.30 (15.8% below fair value)
  • GF Score™: 76/100 with 9 warning signs

No single metric tells the full story. See the ROCO:2073 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Syong Shun Metal Co Business Description

Address No. 393, Shun'an Road, Luzhu District, Kaohsiung City, TWN, 821010
Syong Shun Metal Co Ltd is a processing plant for Panyuan wire rods. It is a midstream manufacturing plant in the steel product industry chain. These wire rods are used for screws and nuts, steel wire and steel cables, hand tools, and automobiles.
76GF Score

Get the complete analysis for ROCO:2073

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

NT$26.30
Price
NT$31.23
GF Value