Honyi International Co (ROCO:4530) Retained Earnings: NT$9.5 Mil (As of Dec. 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.

ROCO:4530 Honyi International Co Ltd ROCO:4530
63 GF Score
Price NT$26.00
GF Value NT$41.28
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is Honyi International Co Retained Earnings?

Honyi International Co ROCO:4530 -1.52% 63 Retained Earnings is NT$9.5 Mil as of Dec. 2025. GuruFocus rates ROCO:4530 with a GF Score™ of 63/100 and a GF Value™ of NT$41.28 (Possible Value Trap). The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Honyi International Co's retained earnings for the quarter that ended in Dec. 2025 was NT$9.5 Mil.

Honyi International Co's quarterly retained earnings declined from Jun. 2025 (NT$-433.9 Mil) to Sep. 2025 (NT$-438.3 Mil) but then increased from Sep. 2025 (NT$-438.3 Mil) to Dec. 2025 (NT$9.5 Mil).

Honyi International Co's annual retained earnings declined from Dec. 2023 (NT$-304.1 Mil) to Dec. 2024 (NT$-421.7 Mil) but then increased from Dec. 2024 (NT$-421.7 Mil) to Dec. 2025 (NT$9.5 Mil).


Honyi International Co  (ROCO:4530) 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.


Honyi International Co Retained Earnings Historical Data

* Premium members only.

The historical data trend for Honyi International 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.

Honyi International Co Retained Earnings Chart

Honyi International Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -228.60 -241.92 -304.08 -421.67 9.48

Honyi International Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -421.67 -426.27 -433.88 -438.30 9.48
ROCO:4530
63GF Score
Honyi International Co Ltd ROCO:4530
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honyi International 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$9.5 Mil mean?
Honyi International Co (ROCO:4530) has a Retained Earnings of NT$9.5 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Honyi International Co and its competitors.
Is Honyi International Co's Retained Earnings too high?
Honyi International Co's current Retained Earnings is NT$9.5 Mil. Overall, Honyi International Co has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Honyi International Co's Retained Earnings compare to CRS and ATI?
Honyi International Co's Retained Earnings of NT$9.5 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Retained Earnings depends on the Industrial Products 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 Honyi International Co and its competitors. Honyi International Co's current Retained Earnings is NT$9.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honyi International Co stock overvalued right now?
Based on GuruFocus' analysis, Honyi International Co (ROCO:4530) is currently considered Possible Value Trap. The stock's GF Value™ is NT$41.28, compared to a current price of NT$26.00 — trading 37% below its estimated fair value. The current Retained Earnings is NT$9.5 Mil. Honyi International Co's overall GF Score™ is 63/100 with 1 warning sign 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 Honyi International Co (ROCO:4530), the current Retained Earnings is NT$9.5 Mil as of Dec. 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 Honyi International Co (ROCO:4530) Overvalued in 2026?

Based on GuruFocus' analysis, Honyi International Co stock appears to be undervalued. The current stock price of NT$26.00 is trading 37% below its estimated GF Value™ of NT$41.28. GuruFocus considers Honyi International Co to be Possible Value Trap.

Key valuation signals for ROCO:4530:

  • Retained Earnings: NT$9.5 Mil
  • GF Value™: NT$41.28 vs. price of NT$26.00 (37% below fair value)
  • GF Score™: 63/100 with 1 warning sign

No single metric tells the full story. See the ROCO:4530 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Honyi International Co Business Description

Address Sec. 2, Chang\'an E. Road, 12th Floor-4, No. 112, Zhongshan Dist, Taipei, TWN, 104
Honyi International Co Ltd is engaged in processing and trading of metal forging, treatment of wastewater and sewage, wholesale of industrial additives, and construction of environmental protection engineering projects. Its segments include catering segment, metal forging and processing segment, environmental engineering segment, and other segments. The majority of the revenue is derived from the environmental engineering segment.
63GF Score

Get the complete analysis for ROCO:4530

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

NT$26.00
Price
NT$41.28
GF Value