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. Carbon-Based Technology's retained earnings for the quarter that ended in Jun. 2026 was NT$-26.73 Mil.
Carbon-Based Technology's quarterly retained earnings
declined
from Jun. 2025 (NT$-114.57 Mil) to Dec. 2025 (NT$-188.81 Mil) but then
increased
from Dec. 2025 (NT$-188.81 Mil) to Jun. 2026 (NT$-26.73 Mil).
Carbon-Based Technology's annual retained earnings
declined
from Dec. 2023 (NT$-92.21 Mil) to Dec. 2024 (NT$-112.86 Mil) and
declined
from Dec. 2024 (NT$-112.86 Mil) to Dec. 2025 (NT$-188.81 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.
Carbon-Based Technology Retained Earnings Historical Data
* Premium members only.
The historical data trend for Carbon-Based 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$-26.73 Mil mean?
Carbon-Based Technology (ROCO:7719) has a Retained Earnings of NT$-26.73 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Carbon-Based Technology and its competitors.
Is Carbon-Based Technology's Retained Earnings too high?
Carbon-Based Technology's current Retained Earnings is NT$-26.73 Mil. Overall, Carbon-Based Technology has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carbon-Based Technology's Retained Earnings compare to SPCX and GE?
Carbon-Based Technology's Retained Earnings of NT$-26.73 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Aerospace & Defense company?
A good Retained Earnings depends on the Aerospace & Defense industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Carbon-Based Technology and its competitors. Carbon-Based Technology's current Retained Earnings is NT$-26.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carbon-Based Technology stock overvalued right now?
Based on GuruFocus' analysis, Carbon-Based Technology (ROCO:7719) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$16.90, compared to a current price of NT$53.60 — trading 217.2% above its estimated fair value. The current Retained Earnings is NT$-26.73 Mil. Carbon-Based Technology's overall GF Score™ is 30/100 with 6 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 Carbon-Based Technology (ROCO:7719), the current Retained Earnings is NT$-26.73 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 Carbon-Based Technology (ROCO:7719) Overvalued in 2026?
Based on GuruFocus' analysis, Carbon-Based Technology stock appears to be overvalued.
The current stock price of NT$53.60 is trading 217.2% above its estimated GF Value™ of NT$16.90.
GuruFocus considers Carbon-Based Technology to be Significantly Overvalued.
Key valuation signals for ROCO:7719:
Retained Earnings: NT$-26.73 Mil
GF Value™: NT$16.90 vs. price of NT$53.60 (217.2% above fair value)
No single metric tells the full story. See the ROCO:7719 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carbon-Based Technology Inc is mainly engaged in the research and development and manufacturing of precision composite materials and unmanned aerial vehicle bodies and systems. In addition, the high-end aviation parts manufacturing technology is used to develop the manufacturing and assembly of military large-scale UAV composite material body in an all-round way, and fully contribute to the national defense industry.
30GF Score
Get the complete analysis for ROCO:7719
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:7719 has been successfully added to your 
