China Motor (TPE:2204) Retained Earnings: NT$11,741 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:2204 China Motor Corp TPE:2204
78 GF Score
Price NT$50.80
GF Value NT$66.10
Valuation Modestly Undervalued
! 12 Warning Signs
View Full Analysis

What is China Motor Retained Earnings?

China Motor TPE:2204 +0.20% 78 Retained Earnings is NT$11,741 Mil as of Mar. 2026. GuruFocus rates TPE:2204 with a GF Score™ of 78/100 and a GF Value™ of NT$66.10 (Modestly Undervalued). The stock has 12 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. China Motor's retained earnings for the quarter that ended in Mar. 2026 was NT$11,741 Mil.

China Motor's quarterly retained earnings increased from Sep. 2025 (NT$12,123 Mil) to Dec. 2025 (NT$13,031 Mil) but then declined from Dec. 2025 (NT$13,031 Mil) to Mar. 2026 (NT$11,741 Mil).

China Motor's annual retained earnings increased from Dec. 2023 (NT$12,411 Mil) to Dec. 2024 (NT$12,690 Mil) and increased from Dec. 2024 (NT$12,690 Mil) to Dec. 2025 (NT$13,031 Mil).


China Motor  (TPE:2204) 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.


China Motor Retained Earnings Historical Data

* Premium members only.

The historical data trend for China Motor'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.

China Motor Retained Earnings Chart

China Motor 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 20,582.75 9,519.13 12,411.15 12,689.52 13,030.65

China Motor 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 10,999.95 11,301.55 12,123.07 13,030.65 11,740.78
TPE:2204
78GF Score
China Motor Corp TPE:2204
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Motor 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$11,741 Mil mean?
China Motor (TPE:2204) has a Retained Earnings of NT$11,741 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on China Motor and its competitors.
Is China Motor's Retained Earnings too high?
China Motor's current Retained Earnings is NT$11,741 Mil. Overall, China Motor has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Motor's Retained Earnings compare to TSLA and GM?
China Motor's Retained Earnings of NT$11,741 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Retained Earnings depends on the Vehicles & Parts 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 China Motor and its competitors. China Motor's current Retained Earnings is NT$11,741 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Motor stock overvalued right now?
Based on GuruFocus' analysis, China Motor (TPE:2204) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$66.10, compared to a current price of NT$50.80 — trading 23.1% below its estimated fair value. The current Retained Earnings is NT$11,741 Mil. China Motor's overall GF Score™ is 78/100 with 12 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 China Motor (TPE:2204), the current Retained Earnings is NT$11,741 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 China Motor (TPE:2204) Overvalued in 2026?

Based on GuruFocus' analysis, China Motor stock appears to be undervalued. The current stock price of NT$50.80 is trading 23.1% below its estimated GF Value™ of NT$66.10. GuruFocus considers China Motor to be Modestly Undervalued.

Key valuation signals for TPE:2204:

  • Retained Earnings: NT$11,741 Mil
  • GF Value™: NT$66.10 vs. price of NT$50.80 (23.1% below fair value)
  • GF Score™: 78/100 with 12 warning signs

No single metric tells the full story. See the TPE:2204 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Motor Business Description

Address No. 618, Xiucai Road, Yangmei District, Taoyuan, TWN, 326
China Motor Corp is engaged in the manufacture and sale of automobiles and their related parts and components. Its products are Sedan, RVs, LCVs, trucks, EVs, Electric scooters, and AGVs. Its reportable segments were vehicle manufacturing, channel, and others. It generates the majority of its revenue from the Vehicle manufacturing segment.
78GF Score

Get the complete analysis for TPE:2204

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

NT$50.80
Price
NT$66.10
GF Value