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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Medigen Biotechnology's retained earnings for the quarter that ended in Mar. 2026 was NT$-515 Mil.
Medigen Biotechnology's quarterly retained earnings
declined
from Sep. 2025 (NT$-345 Mil) to Dec. 2025 (NT$-461 Mil) and
declined
from Dec. 2025 (NT$-461 Mil) to Mar. 2026 (NT$-515 Mil).
Medigen Biotechnology's annual retained earnings
increased
from Dec. 2023 (NT$-748 Mil) to Dec. 2024 (NT$-353 Mil) but then
declined
from Dec. 2024 (NT$-353 Mil) to Dec. 2025 (NT$-461 Mil).
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.
Medigen Biotechnology Retained Earnings Historical Data
* Premium members only.
The historical data trend for Medigen Biotechnology'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.
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.
What does a Retained Earnings of NT$-515 Mil mean?
Medigen Biotechnology (ROCO:3176) has a Retained Earnings of NT$-515 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Medigen Biotechnology and its competitors.
Is Medigen Biotechnology's Retained Earnings too high?
Medigen Biotechnology's current Retained Earnings is NT$-515 Mil. Overall, Medigen Biotechnology has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Medigen Biotechnology's Retained Earnings compare to VRTX and REGN?
Medigen Biotechnology's Retained Earnings of NT$-515 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Biotechnology company?
A good Retained Earnings depends on the Biotechnology industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Medigen Biotechnology and its competitors. Medigen Biotechnology's current Retained Earnings is NT$-515 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medigen Biotechnology stock overvalued right now?
Based on GuruFocus' analysis, Medigen Biotechnology (ROCO:3176) is currently considered Fairly Valued. The stock's GF Value™ is NT$37.02, compared to a current price of NT$34.95 — trading 5.6% below its estimated fair value. The current Retained Earnings is NT$-515 Mil. Medigen Biotechnology's overall GF Score™ is 56/100 with 4 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 Medigen Biotechnology (ROCO:3176), the current Retained Earnings is NT$-515 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 Medigen Biotechnology (ROCO:3176) Overvalued in 2026?
Based on GuruFocus' analysis, Medigen Biotechnology stock appears to be undervalued.
The current stock price of NT$34.95 is trading 5.6% below its estimated GF Value™ of NT$37.02.
GuruFocus considers Medigen Biotechnology to be Fairly Valued.
Key valuation signals for ROCO:3176:
Retained Earnings: NT$-515 Mil
GF Value™: NT$37.02 vs. price of NT$34.95 (5.6% below fair value)
No single metric tells the full story. See the ROCO:3176 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Medigen Biotechnology Corp is engaged in the research and development of new drugs and vaccines, cytotherapy, nucleic acid testing, and the production and sales of generic drugs, aesthetic medicine products and vaccine-related products. Its segments are the Nucleic acid department, the New drug and vaccine research and development segment, the Cytotherapy department, and the Generic drug, aesthetic medicine product and dietary supplement segment: responsible for production and sales and relevant services of western medicine, aesthetic medicine product, and dietary supplement. The majority of revenue is derived from generic drugs, aesthetic medicine products, and the dietary supplement segment. Geographically, it operates in Taiwan, China, and Other countries with revenue from Taiwan.
56GF Score
Get the complete analysis for ROCO:3176
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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