Tul (ROCO:6150) Retained Earnings: NT$199 Mil (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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ROCO:6150 Tul Corp ROCO:6150
70 GF Score
Price NT$61.10
GF Value NT$86.22
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Tul Retained Earnings?

Tul ROCO:6150 -0.97% 70 Retained Earnings is NT$199 Mil as of Jun. 2026. GuruFocus rates ROCO:6150 with a GF Score™ of 70/100 and a GF Value™ of NT$86.22 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tul's retained earnings for the quarter that ended in Jun. 2026 was NT$199 Mil.

Tul's quarterly retained earnings increased from Dec. 2025 (NT$107 Mil) to Mar. 2026 (NT$185 Mil) and increased from Mar. 2026 (NT$185 Mil) to Jun. 2026 (NT$199 Mil).

Tul's annual retained earnings declined from Dec. 2023 (NT$200 Mil) to Dec. 2024 (NT$-22 Mil) but then increased from Dec. 2024 (NT$-22 Mil) to Dec. 2025 (NT$107 Mil).


Tul  (ROCO:6150) 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.


Tul Retained Earnings Historical Data

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The historical data trend for Tul'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.

Tul Retained Earnings Chart

Tul 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 1,101.10 375.75 200.25 -22.35 107.23

Tul 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 26.55 52.39 107.23 184.98 199.27
ROCO:6150
70GF Score
Tul Corp ROCO:6150
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Tul 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$199 Mil mean?
Tul (ROCO:6150) has a Retained Earnings of NT$199 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Tul and its competitors.
Is Tul's Retained Earnings too high?
Tul's current Retained Earnings is NT$199 Mil. Overall, Tul has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tul's Retained Earnings compare to SNX and ARW?
Tul's Retained Earnings of NT$199 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Retained Earnings depends on the Hardware 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 Tul and its competitors. Tul's current Retained Earnings is NT$199 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tul stock overvalued right now?
Based on GuruFocus' analysis, Tul (ROCO:6150) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$86.22, compared to a current price of NT$61.10 — trading 29.1% below its estimated fair value. The current Retained Earnings is NT$199 Mil. Tul's overall GF Score™ is 70/100 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 Tul (ROCO:6150), the current Retained Earnings is NT$199 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 Tul (ROCO:6150) Overvalued in 2026?

Based on GuruFocus' analysis, Tul stock appears to be undervalued. The current stock price of NT$61.10 is trading 29.1% below its estimated GF Value™ of NT$86.22. GuruFocus considers Tul to be Modestly Undervalued.

Key valuation signals for ROCO:6150:

  • Retained Earnings: NT$199 Mil
  • GF Value™: NT$86.22 vs. price of NT$61.10 (29.1% below fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the ROCO:6150 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tul Business Description

Address Section 1, Xintai 5th Road, 7th Floor, No. 79, Unit 7, Xizhi District, New Taipei City, TWN, 221
Tul Corp is engaged in the production and sale of computer display cards and software products in Taiwan. The company offers gaming and embedded graphics cards, SoC-based motherboards and systems, FPGA products, and customized products and services. The reportable departments of the consolidated company are as follows: Display card manufacturing and sales business, Construction engineering business, and Other businesses. The majority of revenue is derived from the Display card manufacturing and sales business.
70GF Score

Get the complete analysis for ROCO:6150

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

NT$61.10
Price
NT$86.22
GF Value