Shinkong Synthetic Fiber (TPE:1409) Retained Earnings: NT$10,966 Mil (As of Dec. 2025)

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.

TPE:1409 Shinkong Synthetic Fiber Corp TPE:1409
54 GF Score
Price NT$21.80
GF Value NT$14.28
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Shinkong Synthetic Fiber Retained Earnings?

Shinkong Synthetic Fiber TPE:1409 +5.06% 54 Retained Earnings is NT$10,966 Mil as of Dec. 2025. GuruFocus rates TPE:1409 with a GF Score™ of 54/100 and a GF Value™ of NT$14.28 (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. Shinkong Synthetic Fiber's retained earnings for the quarter that ended in Dec. 2025 was NT$10,966 Mil.

Shinkong Synthetic Fiber's quarterly retained earnings increased from Jun. 2025 (NT$9,016 Mil) to Sep. 2025 (NT$10,360 Mil) and increased from Sep. 2025 (NT$10,360 Mil) to Dec. 2025 (NT$10,966 Mil).

Shinkong Synthetic Fiber's annual retained earnings increased from Dec. 2023 (NT$8,795 Mil) to Dec. 2024 (NT$9,908 Mil) and increased from Dec. 2024 (NT$9,908 Mil) to Dec. 2025 (NT$10,966 Mil).


Shinkong Synthetic Fiber  (TPE:1409) 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.


Shinkong Synthetic Fiber Retained Earnings Historical Data

* Premium members only.

The historical data trend for Shinkong Synthetic Fiber'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.

Shinkong Synthetic Fiber Retained Earnings Chart

Shinkong Synthetic Fiber 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 9,740.44 9,909.76 8,794.52 9,908.43 10,965.58

Shinkong Synthetic Fiber Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 9,908.43 9,334.25 9,015.69 10,360.39 10,965.58
TPE:1409
54GF Score
Shinkong Synthetic Fiber Corp TPE:1409
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinkong Synthetic Fiber 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$10,966 Mil mean?
Shinkong Synthetic Fiber (TPE:1409) has a Retained Earnings of NT$10,966 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Shinkong Synthetic Fiber and its competitors.
Is Shinkong Synthetic Fiber's Retained Earnings too high?
Shinkong Synthetic Fiber's current Retained Earnings is NT$10,966 Mil. Overall, Shinkong Synthetic Fiber has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinkong Synthetic Fiber's Retained Earnings compare to competitors?
Shinkong Synthetic Fiber's Retained Earnings of NT$10,966 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Retained Earnings depends on the Manufacturing - Apparel & Accessories 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 Shinkong Synthetic Fiber and its competitors. Shinkong Synthetic Fiber's current Retained Earnings is NT$10,966 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinkong Synthetic Fiber stock overvalued right now?
Based on GuruFocus' analysis, Shinkong Synthetic Fiber (TPE:1409) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$14.28, compared to a current price of NT$21.80 — trading 52.7% above its estimated fair value. The current Retained Earnings is NT$10,966 Mil. Shinkong Synthetic Fiber's overall GF Score™ is 54/100 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 Shinkong Synthetic Fiber (TPE:1409), the current Retained Earnings is NT$10,966 Mil as of Dec. 2025. 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 Shinkong Synthetic Fiber (TPE:1409) Overvalued in 2026?

Based on GuruFocus' analysis, Shinkong Synthetic Fiber stock appears to be overvalued. The current stock price of NT$21.80 is trading 52.7% above its estimated GF Value™ of NT$14.28. GuruFocus considers Shinkong Synthetic Fiber to be Significantly Overvalued.

Key valuation signals for TPE:1409:

  • Retained Earnings: NT$10,966 Mil
  • GF Value™: NT$14.28 vs. price of NT$21.80 (52.7% above fair value)
  • GF Score™: 54/100 with 8 warning signs

No single metric tells the full story. See the TPE:1409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinkong Synthetic Fiber Business Description

Address No. 136, Ren Ai Road, Section 3, Lotus Building, 5th Floor, Da An District, Taipei, TWN, 10657
Shinkong Synthetic Fiber Corp manufactures and sells polyester polymers, polyester staple fibers, polyester textured yarns, polyester chips, pre-oriented yarns, polyester flat yarns, polyethylene terephthalate (PET) resins used in PET bottles and polyester base films. The company's PET fiber products can mainly be categorized into industrial yarn, partially oriented yarn (POY), Spin draw yarn (SDY), polyester staple fiber (PSF), and draw textured yarn (DTY). Its plastic products include polyester resin, bottle grade polyester resin , PET bottle preforms, PET bottles, Engineering polymers, and PE sheets. Its segments include Polyester, Finance and Securities, and Optronics of which the Polyester segment derives the majority of the revenue.
54GF Score

Get the complete analysis for TPE:1409

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

NT$21.80
Price
NT$14.28
GF Value