Rich Circle Development Co (ROCO:6198) Retained Earnings: NT$-105.97 Mil (As of Jun. 2026)

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:6198 Rich Circle Development Co Ltd ROCO:6198
30 GF Score
Price NT$19.75
GF Value NT$0.56
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Rich Circle Development Co Retained Earnings?

Rich Circle Development Co ROCO:6198 -0.25% 30 Retained Earnings is NT$-105.97 Mil as of Jun. 2026. GuruFocus rates ROCO:6198 with a GF Score™ of 30/100 and a GF Value™ of NT$0.56 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rich Circle Development Co's retained earnings for the quarter that ended in Jun. 2026 was NT$-105.97 Mil.

Rich Circle Development Co's quarterly retained earnings declined from Dec. 2025 (NT$-73.66 Mil) to Mar. 2026 (NT$-91.50 Mil) and declined from Mar. 2026 (NT$-91.50 Mil) to Jun. 2026 (NT$-105.97 Mil).

Rich Circle Development Co's annual retained earnings declined from Dec. 2023 (NT$19.88 Mil) to Dec. 2024 (NT$-33.45 Mil) and declined from Dec. 2024 (NT$-33.45 Mil) to Dec. 2025 (NT$-73.66 Mil).


Rich Circle Development Co  (ROCO:6198) 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.


Rich Circle Development Co Retained Earnings Historical Data

* Premium members only.

The historical data trend for Rich Circle Development 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.

Rich Circle Development Co Retained Earnings Chart

Rich Circle Development 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 -17.86 -37.16 19.88 -33.45 -73.66

Rich Circle Development Co 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 -47.12 -54.61 -73.66 -91.50 -105.97
ROCO:6198
30GF Score
Rich Circle Development Co Ltd ROCO:6198
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rich Circle Development 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$-105.97 Mil mean?
Rich Circle Development Co (ROCO:6198) has a Retained Earnings of NT$-105.97 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Rich Circle Development Co and its competitors.
Is Rich Circle Development Co's Retained Earnings too high?
Rich Circle Development Co's current Retained Earnings is NT$-105.97 Mil. Overall, Rich Circle Development Co has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rich Circle Development Co's Retained Earnings compare to NVDA and AVGO?
Rich Circle Development Co's Retained Earnings of NT$-105.97 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 Rich Circle Development Co and its competitors. Rich Circle Development Co's current Retained Earnings is NT$-105.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rich Circle Development Co stock overvalued right now?
Based on GuruFocus' analysis, Rich Circle Development Co (ROCO:6198) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$0.56, compared to a current price of NT$19.75 — trading 3426.8% above its estimated fair value. The current Retained Earnings is NT$-105.97 Mil. Rich Circle Development Co's overall GF Score™ is 30/100 with 8 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 Rich Circle Development Co (ROCO:6198), the current Retained Earnings is NT$-105.97 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 Rich Circle Development Co (ROCO:6198) Overvalued in 2026?

Based on GuruFocus' analysis, Rich Circle Development Co stock appears to be overvalued. The current stock price of NT$19.75 is trading 3426.8% above its estimated GF Value™ of NT$0.56. GuruFocus considers Rich Circle Development Co to be Significantly Overvalued.

Key valuation signals for ROCO:6198:

  • Retained Earnings: NT$-105.97 Mil
  • GF Value™: NT$0.56 vs. price of NT$19.75 (3426.8% above fair value)
  • GF Score™: 30/100 with 8 warning signs

No single metric tells the full story. See the ROCO:6198 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rich Circle Development Co Business Description

Address 7F, No. 467, Xingshan Road, Neihu District, Taipei City, TWN
Rich Circle Development Co Ltd is mainly engaged in the design, marketing and sales of integrated circuits, semiconductor memory components, digital communication products, computer peripherals, semiconductor components and other related businesses. The Company has two reportable operating segments: the Development department, which engages in development of commercial buildings, public housing and industrial plant for leasing and sales; and the Construction department, which engages in the business of construction and civil engineering and generates maximum revenue.
30GF Score

Get the complete analysis for ROCO:6198

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

NT$19.75
Price
NT$0.56
GF Value