Tatung Co (TPE:2371) Retained Earnings: NT$-10,819 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:2371 Tatung Co Ltd TPE:2371
71 GF Score
Price NT$24.30
GF Value NT$55.72
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Tatung Co Retained Earnings?

Tatung Co TPE:2371 +3.40% 71 Retained Earnings is NT$-10,819 Mil as of Dec. 2025. GuruFocus rates TPE:2371 with a GF Score™ of 71/100 and a GF Value™ of NT$55.72 (Possible Value Trap). The stock has 8 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tatung Co's retained earnings for the quarter that ended in Dec. 2025 was NT$-10,819 Mil.

Tatung Co's quarterly retained earnings increased from Jun. 2025 (NT$866 Mil) to Sep. 2025 (NT$1,618 Mil) but then declined from Sep. 2025 (NT$1,618 Mil) to Dec. 2025 (NT$-10,819 Mil).

Tatung Co's annual retained earnings increased from Dec. 2023 (NT$2,654 Mil) to Dec. 2024 (NT$22,146 Mil) but then declined from Dec. 2024 (NT$22,146 Mil) to Dec. 2025 (NT$-10,819 Mil).


Tatung Co  (TPE:2371) 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.


Tatung Co Retained Earnings Historical Data

* Premium members only.

The historical data trend for Tatung 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.

Tatung Co Retained Earnings Chart

Tatung 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 3,696.79 9,581.28 2,653.71 22,145.52 -10,818.70

Tatung Co 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 22,145.52 15,784.30 866.17 1,618.26 -10,818.70
TPE:2371
71GF Score
Tatung Co Ltd TPE:2371
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tatung 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$-10,819 Mil mean?
Tatung Co (TPE:2371) has a Retained Earnings of NT$-10,819 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Tatung Co and its competitors.
Is Tatung Co's Retained Earnings too high?
Tatung Co's current Retained Earnings is NT$-10,819 Mil. Overall, Tatung Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tatung Co's Retained Earnings compare to MMM and HON?
Tatung Co's Retained Earnings of NT$-10,819 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Retained Earnings depends on the Conglomerates 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 Tatung Co and its competitors. Tatung Co's current Retained Earnings is NT$-10,819 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tatung Co stock overvalued right now?
Based on GuruFocus' analysis, Tatung Co (TPE:2371) is currently considered Possible Value Trap. The stock's GF Value™ is NT$55.72, compared to a current price of NT$24.30 — trading 56.4% below its estimated fair value. The current Retained Earnings is NT$-10,819 Mil. Tatung Co's overall GF Score™ is 71/100 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 Tatung Co (TPE:2371), the current Retained Earnings is NT$-10,819 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 Tatung Co (TPE:2371) Overvalued in 2026?

Based on GuruFocus' analysis, Tatung Co stock appears to be undervalued. The current stock price of NT$24.30 is trading 56.4% below its estimated GF Value™ of NT$55.72. GuruFocus considers Tatung Co to be Possible Value Trap.

Key valuation signals for TPE:2371:

  • Retained Earnings: NT$-10,819 Mil
  • GF Value™: NT$55.72 vs. price of NT$24.30 (56.4% below fair value)
  • GF Score™: 71/100 with 8 warning signs

No single metric tells the full story. See the TPE:2371 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tatung Co Business Description

Address Zhongshan North Road, No. 22, Section 3, Zhongshan District, Taipei, TWN, 104427
Tatung Co Ltd is a Taiwan-based conglomerate that operates through the following business groups. Electric power, system integration and new energy; its segmensta are : Electric power,system integration and new energy segment; Consumer electronics segment; ; and Other Business segment. It generates the majority of its revenue from the Electric power, system integration and new energy segment which develops, manufactures, and sells related components, intelligent grids, smart grid portals, photovoltaics, motors, machinery, energy control, green investment, and miscellaneous systems. Its geographical operations include Taiwan, Asia, Europe, America, and Others.
71GF Score

Get the complete analysis for TPE:2371

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

NT$24.30
Price
NT$55.72
GF Value