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.
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.
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. eMemory Technology's retained earnings for the quarter that ended in Jun. 2026 was NT$1,470 Mil.
eMemory Technology's quarterly retained earnings
increased
from Dec. 2025 (NT$2,021 Mil) to Mar. 2026 (NT$2,617 Mil) but then
declined
from Mar. 2026 (NT$2,617 Mil) to Jun. 2026 (NT$1,470 Mil).
eMemory Technology's annual retained earnings
increased
from Dec. 2023 (NT$1,401 Mil) to Dec. 2024 (NT$1,934 Mil) and
increased
from Dec. 2024 (NT$1,934 Mil) to Dec. 2025 (NT$2,021 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.
eMemory Technology Retained Earnings Historical Data
* Premium members only.
The historical data trend for eMemory Technology'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$1,470 Mil mean?
eMemory Technology (ROCO:3529) has a Retained Earnings of NT$1,470 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on eMemory Technology and its competitors.
Is eMemory Technology's Retained Earnings too high?
eMemory Technology's current Retained Earnings is NT$1,470 Mil. Overall, eMemory Technology has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does eMemory Technology's Retained Earnings compare to NVDA and AVGO?
eMemory Technology's Retained Earnings of NT$1,470 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Retained Earnings depends on the Semiconductors 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 eMemory Technology and its competitors. eMemory Technology's current Retained Earnings is NT$1,470 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eMemory Technology stock overvalued right now?
Based on GuruFocus' analysis, eMemory Technology (ROCO:3529) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$3,123.02, compared to a current price of NT$2,260.00 — trading 27.6% below its estimated fair value. The current Retained Earnings is NT$1,470 Mil. eMemory Technology's overall GF Score™ is 99/100. 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 eMemory Technology (ROCO:3529), the current Retained Earnings is NT$1,470 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 eMemory Technology (ROCO:3529) Overvalued in 2026?
Based on GuruFocus' analysis, eMemory Technology stock appears to be undervalued.
The current stock price of NT$2,260.00 is trading 27.6% below its estimated GF Value™ of NT$3,123.02.
GuruFocus considers eMemory Technology to be Modestly Undervalued.
Key valuation signals for ROCO:3529:
Retained Earnings: NT$1,470 Mil
GF Value™: NT$3,123.02 vs. price of NT$2,260.00 (27.6% below fair value)
No single metric tells the full story. See the ROCO:3529 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
eMemory Technology Inc is engaged in researching, developing, manufacturing, and selling embedded flash memory products. It licenses its intellectual property (IP) to semiconductor foundries, integrated device manufacturers, and design houses. The company offers comprehensive platforms of Logic NVM silicon IP, including NeoBit, NeoFuse, NeoEE, NeoMTP, EcoBit, NeoFlash, RRAM, MRAM, and NeoPUF; as well as a range of cost-effective and customized logic NVM solutions. It earns revenue in the form of royalties and income generated from the provision of technical services, out of which the majority comes from royalties. Geographically, the company generates maximum revenue from its domestic market, followed by Asia and other regions.
99GF Score
Get the complete analysis for ROCO:3529
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:3529 has been successfully added to your 
