Shenzhen Qingyi Photomask (SHSE:688138) Retained Earnings: ¥890 Mil (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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SHSE:688138 Shenzhen Qingyi Photomask Ltd SHSE:688138
87 GF Score
Price ¥37.84
GF Value ¥31.39
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Shenzhen Qingyi Photomask Retained Earnings?

Shenzhen Qingyi Photomask SHSE:688138 +4.65% 87 Retained Earnings is ¥890 Mil as of Jun. 2026. GuruFocus rates SHSE:688138 with a GF Score™ of 87/100 and a GF Value™ of ¥31.39 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shenzhen Qingyi Photomask's retained earnings for the quarter that ended in Jun. 2026 was ¥890 Mil.

Shenzhen Qingyi Photomask's quarterly retained earnings increased from Dec. 2025 (¥800 Mil) to Mar. 2026 (¥856 Mil) and increased from Mar. 2026 (¥856 Mil) to Jun. 2026 (¥890 Mil).

Shenzhen Qingyi Photomask's annual retained earnings increased from Dec. 2023 (¥571 Mil) to Dec. 2024 (¥697 Mil) and increased from Dec. 2024 (¥697 Mil) to Dec. 2025 (¥800 Mil).


Shenzhen Qingyi Photomask  (SHSE:688138) 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.


Shenzhen Qingyi Photomask Retained Earnings Historical Data

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The historical data trend for Shenzhen Qingyi Photomask'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.

Shenzhen Qingyi Photomask Retained Earnings Chart

Shenzhen Qingyi Photomask 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 395.77 473.10 571.19 696.88 800.39

Shenzhen Qingyi Photomask 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 735.69 759.22 800.39 856.09 890.17
SHSE:688138
87GF Score
Shenzhen Qingyi Photomask Ltd SHSE:688138
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Qingyi Photomask 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 ¥890 Mil mean?
Shenzhen Qingyi Photomask (SHSE:688138) has a Retained Earnings of ¥890 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Shenzhen Qingyi Photomask and its competitors.
Is Shenzhen Qingyi Photomask's Retained Earnings too high?
Shenzhen Qingyi Photomask's current Retained Earnings is ¥890 Mil. Overall, Shenzhen Qingyi Photomask has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Qingyi Photomask's Retained Earnings compare to APH and GLW?
Shenzhen Qingyi Photomask's Retained Earnings of ¥890 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 Shenzhen Qingyi Photomask and its competitors. Shenzhen Qingyi Photomask's current Retained Earnings is ¥890 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Qingyi Photomask stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Qingyi Photomask (SHSE:688138) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥31.39, compared to a current price of ¥37.84 — trading 20.5% above its estimated fair value. The current Retained Earnings is ¥890 Mil. Shenzhen Qingyi Photomask's overall GF Score™ is 87/100 with 4 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 Shenzhen Qingyi Photomask (SHSE:688138), the current Retained Earnings is ¥890 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 Shenzhen Qingyi Photomask (SHSE:688138) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Qingyi Photomask stock appears to be overvalued. The current stock price of ¥37.84 is trading 20.5% above its estimated GF Value™ of ¥31.39. GuruFocus considers Shenzhen Qingyi Photomask to be Modestly Overvalued.

Key valuation signals for SHSE:688138:

  • Retained Earnings: ¥890 Mil
  • GF Value™: ¥31.39 vs. price of ¥37.84 (20.5% above fair value)
  • GF Score™: 87/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Qingyi Photomask Business Description

Address Road Langshang two, North of High-tech Park, Building QingYi Photoelectric, Shenzhen, CHN
Shenzhen Qingyi Photomask Ltd is a manufacturer of high precision mask that integrates research, design, production and sales with the technology in China. Its products include TFT, color STN, STN and TNLCD chrome plate mask, EL, OLED chrome plate mask; PDP, VFD chrome plate mask, and IC capsulation, HDI, including chrome plate mask and dry mask, such as BGA, CSP, and BUMPING.
87GF Score

Get the complete analysis for SHSE:688138

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

¥37.84
Price
¥31.39
GF Value