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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ta-Yuan Cogeneration Co's retained earnings for the quarter that ended in Jun. 2026 was NT$287 Mil.
Ta-Yuan Cogeneration Co's quarterly retained earnings
increased
from Dec. 2025 (NT$438 Mil) to Mar. 2026 (NT$485 Mil) but then
declined
from Mar. 2026 (NT$485 Mil) to Jun. 2026 (NT$287 Mil).
Ta-Yuan Cogeneration Co's annual retained earnings
increased
from Dec. 2023 (NT$570 Mil) to Dec. 2024 (NT$573 Mil) but then
declined
from Dec. 2024 (NT$573 Mil) to Dec. 2025 (NT$438 Mil).
Ta-Yuan Cogeneration Co (ROCO:8931) 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.
Ta-Yuan Cogeneration Co Retained Earnings Historical Data
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The historical data trend for Ta-Yuan Cogeneration 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.
Ta-Yuan Cogeneration 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.
Ta-Yuan Cogeneration Co (ROCO:8931) has a Retained Earnings of NT$287 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Ta-Yuan Cogeneration Co and its competitors.
Is Ta-Yuan Cogeneration Co's Retained Earnings too high?
Ta-Yuan Cogeneration Co's current Retained Earnings is NT$287 Mil. Overall, Ta-Yuan Cogeneration Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ta-Yuan Cogeneration Co's Retained Earnings compare to NEE and SO?
Ta-Yuan Cogeneration Co's Retained Earnings of NT$287 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Retained Earnings depends on the Utilities - Regulated 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 Ta-Yuan Cogeneration Co and its competitors. Ta-Yuan Cogeneration Co's current Retained Earnings is NT$287 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta-Yuan Cogeneration Co stock overvalued right now?
Based on GuruFocus' analysis, Ta-Yuan Cogeneration Co (ROCO:8931) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$49.08, compared to a current price of NT$40.60 — trading 17.3% below its estimated fair value. The current Retained Earnings is NT$287 Mil. Ta-Yuan Cogeneration Co's overall GF Score™ is 77/100 with 10 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 Ta-Yuan Cogeneration Co (ROCO:8931), the current Retained Earnings is NT$287 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 Ta-Yuan Cogeneration Co (ROCO:8931) Overvalued in 2026?
Based on GuruFocus' analysis, Ta-Yuan Cogeneration Co stock appears to be undervalued.
The current stock price of NT$40.60 is trading 17.3% below its estimated GF Value™ of NT$49.08.
GuruFocus considers Ta-Yuan Cogeneration Co to be Modestly Undervalued.
Key valuation signals for ROCO:8931:
Retained Earnings: NT$287 Mil
GF Value™: NT$49.08 vs. price of NT$40.60 (17.3% below fair value)
No single metric tells the full story. See the ROCO:8931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ta-Yuan Cogeneration Co Ltd engages mainly in operating the cogeneration business, operating and repairing equipment, processing waste disposal, managing incinerators, and processing refuse-derived fuel. It is involved in the operation, management, and maintenance of cogeneration plants, as well as waste disposal and incinerator management. Through the development of cogeneration, the company focuses on supplying power to industrial areas and balancing peak and off-peak electricity demand. The company's reportable segments are: Plant of Cogeneration, which generates the maximum revenue, and Plant of Renewable Energy. Geographically, it operates only in Taiwan.
77GF Score
Get the complete analysis for ROCO:8931
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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