Kwong Fong Industries (TPE:1416) Retained Earnings: NT$1,307.6 Mil (As of Mar. 2026)

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:1416 Kwong Fong Industries Corp TPE:1416
67 GF Score
Price NT$12.00
GF Value NT$16.05
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Kwong Fong Industries Retained Earnings?

Kwong Fong Industries TPE:1416 +2.13% 67 Retained Earnings is NT$1,307.6 Mil as of Mar. 2026. GuruFocus rates TPE:1416 with a GF Score™ of 67/100 and a GF Value™ of NT$16.05 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kwong Fong Industries's retained earnings for the quarter that ended in Mar. 2026 was NT$1,307.6 Mil.

Kwong Fong Industries's quarterly retained earnings increased from Sep. 2025 (NT$1,244.2 Mil) to Dec. 2025 (NT$1,275.1 Mil) and increased from Dec. 2025 (NT$1,275.1 Mil) to Mar. 2026 (NT$1,307.6 Mil).

Kwong Fong Industries's annual retained earnings increased from Dec. 2023 (NT$933.4 Mil) to Dec. 2024 (NT$983.1 Mil) and increased from Dec. 2024 (NT$983.1 Mil) to Dec. 2025 (NT$1,275.1 Mil).


Kwong Fong Industries  (TPE:1416) 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.


Kwong Fong Industries Retained Earnings Historical Data

* Premium members only.

The historical data trend for Kwong Fong Industries'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.

Kwong Fong Industries Retained Earnings Chart

Kwong Fong Industries 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 972.13 940.17 933.43 983.14 1,275.12

Kwong Fong Industries 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 991.11 1,058.68 1,244.16 1,275.12 1,307.58
TPE:1416
67GF Score
Kwong Fong Industries Corp TPE:1416
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kwong Fong Industries 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$1,307.6 Mil mean?
Kwong Fong Industries (TPE:1416) has a Retained Earnings of NT$1,307.6 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Kwong Fong Industries and its competitors.
Is Kwong Fong Industries' Retained Earnings too high?
Kwong Fong Industries' current Retained Earnings is NT$1,307.6 Mil. Overall, Kwong Fong Industries has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kwong Fong Industries' Retained Earnings compare to IBM and ACN?
Kwong Fong Industries' Retained Earnings of NT$1,307.6 Mil can be compared against companies in the Software 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 Software company?
A good Retained Earnings depends on the Software 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 Kwong Fong Industries and its competitors. Kwong Fong Industries's current Retained Earnings is NT$1,307.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kwong Fong Industries stock overvalued right now?
Based on GuruFocus' analysis, Kwong Fong Industries (TPE:1416) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$16.05, compared to a current price of NT$12.00 — trading 25.2% below its estimated fair value. The current Retained Earnings is NT$1,307.6 Mil. Kwong Fong Industries' overall GF Score™ is 67/100 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 Kwong Fong Industries (TPE:1416), the current Retained Earnings is NT$1,307.6 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 Kwong Fong Industries (TPE:1416) Overvalued in 2026?

Based on GuruFocus' analysis, Kwong Fong Industries stock appears to be undervalued. The current stock price of NT$12.00 is trading 25.2% below its estimated GF Value™ of NT$16.05. GuruFocus considers Kwong Fong Industries to be Modestly Undervalued.

Key valuation signals for TPE:1416:

  • Retained Earnings: NT$1,307.6 Mil
  • GF Value™: NT$16.05 vs. price of NT$12.00 (25.2% below fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the TPE:1416 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kwong Fong Industries Business Description

Address Dunhua South Road, 28th Floor, No. 97, Section 2, Daan District, Taipei, TWN, 106
Kwong Fong Industries Corp main business items include housing and building development and rental, real estate business, mall management, information software services, and electronic information supply services. The company's segment includes the Kwong Fong Department, the Pao Fong Asset Management Department, the Kwong Fong Holdings Department, and the Digital Technology Department. The company generates the majority of its revenue from the Digital Technology Department, which is engaged in Information Software Services. The company generates all of its revenue from Taiwan. The company's revenue is derived from information services, software sales, and real estate sales.
67GF Score

Get the complete analysis for TPE:1416

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

NT$12.00
Price
NT$16.05
GF Value