Hsing Ta Cement Co (TPE:1109) Retained Earnings: NT$3,154 Mil (As of Mar. 2026)

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TPE:1109 Hsing Ta Cement Co Ltd TPE:1109
70 GF Score
Price NT$13.60
GF Value NT$13.24
Valuation Fairly Valued
! 5 Warning Signs
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What is Hsing Ta Cement Co Retained Earnings?

Hsing Ta Cement Co TPE:1109 -0.73% 70 Retained Earnings is NT$3,154 Mil as of Mar. 2026. GuruFocus rates TPE:1109 with a GF Score™ of 70/100 and a GF Value™ of NT$13.24 (Fairly Valued). The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hsing Ta Cement Co's retained earnings for the quarter that ended in Mar. 2026 was NT$3,154 Mil.

Hsing Ta Cement Co's quarterly retained earnings increased from Sep. 2025 (NT$3,064 Mil) to Dec. 2025 (NT$3,149 Mil) and increased from Dec. 2025 (NT$3,149 Mil) to Mar. 2026 (NT$3,154 Mil).

Hsing Ta Cement Co's annual retained earnings declined from Dec. 2023 (NT$3,092 Mil) to Dec. 2024 (NT$3,041 Mil) but then increased from Dec. 2024 (NT$3,041 Mil) to Dec. 2025 (NT$3,149 Mil).


Hsing Ta Cement Co  (TPE:1109) 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.


Hsing Ta Cement Co Retained Earnings Historical Data

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The historical data trend for Hsing Ta Cement 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.

Hsing Ta Cement Co Retained Earnings Chart

Hsing Ta Cement 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 2,885.24 2,659.05 3,091.80 3,040.96 3,149.40

Hsing Ta Cement Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3,125.45 2,959.75 3,064.40 3,149.40 3,153.55
TPE:1109
70GF Score
Hsing Ta Cement Co Ltd TPE:1109
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Hsing Ta Cement 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$3,154 Mil mean?
Hsing Ta Cement Co (TPE:1109) has a Retained Earnings of NT$3,154 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Hsing Ta Cement Co and its competitors.
Is Hsing Ta Cement Co's Retained Earnings too high?
Hsing Ta Cement Co's current Retained Earnings is NT$3,154 Mil. Overall, Hsing Ta Cement Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hsing Ta Cement Co's Retained Earnings compare to CRH and VMC?
Hsing Ta Cement Co's Retained Earnings of NT$3,154 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Retained Earnings depends on the Building Materials 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 Hsing Ta Cement Co and its competitors. Hsing Ta Cement Co's current Retained Earnings is NT$3,154 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsing Ta Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Hsing Ta Cement Co (TPE:1109) is currently considered Fairly Valued. The stock's GF Value™ is NT$13.24, compared to a current price of NT$13.60 — trading 2.7% above its estimated fair value. The current Retained Earnings is NT$3,154 Mil. Hsing Ta Cement Co's overall GF Score™ is 70/100 with 5 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 Hsing Ta Cement Co (TPE:1109), the current Retained Earnings is NT$3,154 Mil as of Mar. 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 Hsing Ta Cement Co (TPE:1109) Overvalued in 2026?

Based on GuruFocus' analysis, Hsing Ta Cement Co stock appears to be overvalued. The current stock price of NT$13.60 is trading 2.7% above its estimated GF Value™ of NT$13.24. GuruFocus considers Hsing Ta Cement Co to be Fairly Valued.

Key valuation signals for TPE:1109:

  • Retained Earnings: NT$3,154 Mil
  • GF Value™: NT$13.24 vs. price of NT$13.60 (2.7% above fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the TPE:1109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsing Ta Cement Co Business Description

Address Baoqing Road, 7th floor, No.37, Zhongzheng District, Taipei, TWN, 100
Hsing Ta Cement Co Ltd is engaged in quarrying, processing, warehousing, and distribution of minerals, manufacturing, processing, warehousing, and distribution of limestone chemicals, cement products and limestone related industry, treatment of general waste, sales and leasing of real estate, consultancy of building management, etc. It offers products such as Bootland Cement Type I Cement, Botland Type I Low Alkali Cement, Jinghao dry-mixed cement sand type III, and Others. The Company mainly operates businesses in Taiwan and China. It generates the majority of its revenue from China.
70GF Score

Get the complete analysis for TPE:1109

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

NT$13.60
Price
NT$13.24
GF Value