K Way Co (ROCO:5201) Retained Earnings: NT$89.2 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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ROCO:5201 K Way Co Ltd ROCO:5201
64 GF Score
Price NT$26.00
GF Value NT$38.26
Valuation Possible Value Trap
! 3 Warning Signs
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What is K Way Co Retained Earnings?

K Way Co ROCO:5201 64 Retained Earnings is NT$89.2 Mil as of Mar. 2026. GuruFocus rates ROCO:5201 with a GF Score™ of 64/100 and a GF Value™ of NT$38.26 (Possible Value Trap). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. K Way Co's retained earnings for the quarter that ended in Mar. 2026 was NT$89.2 Mil.

K Way Co's quarterly retained earnings increased from Sep. 2025 (NT$131.7 Mil) to Dec. 2025 (NT$134.4 Mil) but then declined from Dec. 2025 (NT$134.4 Mil) to Mar. 2026 (NT$89.2 Mil).

K Way Co's annual retained earnings increased from Dec. 2023 (NT$152.6 Mil) to Dec. 2024 (NT$177.0 Mil) but then declined from Dec. 2024 (NT$177.0 Mil) to Dec. 2025 (NT$134.4 Mil).


K Way Co  (ROCO:5201) 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.


K Way Co Retained Earnings Historical Data

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The historical data trend for K Way 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.

K Way Co Retained Earnings Chart

K Way 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 118.15 90.26 152.55 176.99 134.43

K Way Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 125.31 115.29 131.72 134.43 89.17
ROCO:5201
64GF Score
K Way Co Ltd ROCO:5201
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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K Way 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$89.2 Mil mean?
K Way Co (ROCO:5201) has a Retained Earnings of NT$89.2 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on K Way Co and its competitors.
Is K Way Co's Retained Earnings too high?
K Way Co's current Retained Earnings is NT$89.2 Mil. Overall, K Way Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does K Way Co's Retained Earnings compare to QH and SHOP?
K Way Co's Retained Earnings of NT$89.2 Mil can be compared against companies in the Software 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 Software company?
A good Retained Earnings depends on the Software 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 K Way Co and its competitors. K Way Co's current Retained Earnings is NT$89.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K Way Co stock overvalued right now?
Based on GuruFocus' analysis, K Way Co (ROCO:5201) is currently considered Possible Value Trap. The stock's GF Value™ is NT$38.26, compared to a current price of NT$26.00 — trading 32% below its estimated fair value. The current Retained Earnings is NT$89.2 Mil. K Way Co's overall GF Score™ is 64/100 with 3 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 K Way Co (ROCO:5201), the current Retained Earnings is NT$89.2 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 K Way Co (ROCO:5201) Overvalued in 2026?

Based on GuruFocus' analysis, K Way Co stock appears to be undervalued. The current stock price of NT$26.00 is trading 32% below its estimated GF Value™ of NT$38.26. GuruFocus considers K Way Co to be Possible Value Trap.

Key valuation signals for ROCO:5201:

  • Retained Earnings: NT$89.2 Mil
  • GF Value™: NT$38.26 vs. price of NT$26.00 (32% below fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the ROCO:5201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


K Way Co Business Description

Address Guangfu North Road, 5th Floor, No. 35, Lane 11, Songshan District, Taipei, TWN
K Way Co Ltd operates as a software company in financial industry. The company is focuses on the development of key system software in the securities and financial industry for trading, settlement, market data, FIX, trading tools. It mainly offers stable and speedy trading system, cross platform system, database settlement system, money management system, investment account management system & others.
64GF Score

Get the complete analysis for ROCO:5201

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

NT$26.00
Price
NT$38.26
GF Value