Elite Material Co (TPE:2383) Retained Earnings: NT$26,115 Mil (As of Mar. 2026)

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TPE:2383 Elite Material Co Ltd TPE:2383
77 GF Score
Price NT$4,745.00
GF Value NT$1,469.38
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Elite Material Co Retained Earnings?

Elite Material Co TPE:2383 +9.97% 77 Retained Earnings is NT$26,115 Mil as of Mar. 2026. GuruFocus rates TPE:2383 with a GF Score™ of 77/100 and a GF Value™ of NT$1,469.38 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Elite Material Co's retained earnings for the quarter that ended in Mar. 2026 was NT$26,115 Mil.

Elite Material Co's quarterly retained earnings increased from Sep. 2025 (NT$26,005 Mil) to Dec. 2025 (NT$29,734 Mil) but then declined from Dec. 2025 (NT$29,734 Mil) to Mar. 2026 (NT$26,115 Mil).

Elite Material Co's annual retained earnings increased from Dec. 2023 (NT$15,864 Mil) to Dec. 2024 (NT$21,128 Mil) and increased from Dec. 2024 (NT$21,128 Mil) to Dec. 2025 (NT$29,734 Mil).


Elite Material Co  (TPE:2383) 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.


Elite Material Co Retained Earnings Historical Data

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The historical data trend for Elite Material 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.

Elite Material Co Retained Earnings Chart

Elite Material 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 12,298.05 13,361.35 15,863.82 21,127.67 29,733.69

Elite Material 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 18,702.88 22,039.88 26,004.95 29,733.69 26,115.45
TPE:2383
77GF Score
Elite Material Co Ltd TPE:2383
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Elite Material 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$26,115 Mil mean?
Elite Material Co (TPE:2383) has a Retained Earnings of NT$26,115 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Elite Material Co and its competitors.
Is Elite Material Co's Retained Earnings too high?
Elite Material Co's current Retained Earnings is NT$26,115 Mil. Overall, Elite Material Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elite Material Co's Retained Earnings compare to APH and GLW?
Elite Material Co's Retained Earnings of NT$26,115 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Retained Earnings depends on the Hardware 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 Elite Material Co and its competitors. Elite Material Co's current Retained Earnings is NT$26,115 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite Material Co stock overvalued right now?
Based on GuruFocus' analysis, Elite Material Co (TPE:2383) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1,469.38, compared to a current price of NT$4,745.00 — trading 222.9% above its estimated fair value. The current Retained Earnings is NT$26,115 Mil. Elite Material Co's overall GF Score™ is 77/100 with 2 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 Elite Material Co (TPE:2383), the current Retained Earnings is NT$26,115 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 Elite Material Co (TPE:2383) Overvalued in 2026?

Based on GuruFocus' analysis, Elite Material Co stock appears to be overvalued. The current stock price of NT$4,745.00 is trading 222.9% above its estimated GF Value™ of NT$1,469.38. GuruFocus considers Elite Material Co to be Significantly Overvalued.

Key valuation signals for TPE:2383:

  • Retained Earnings: NT$26,115 Mil
  • GF Value™: NT$1,469.38 vs. price of NT$4,745.00 (222.9% above fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the TPE:2383 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elite Material Co Business Description

Address No. 18, Datong 1st Road, Guanyin District, Taoyuan, TWN, 328
Elite Material Co Ltd is engaged in the manufacturing and selling of printed circuit boards, copper-clad laminates, electronic-industrial specialty chemicals, raw materials, work-in-progress, and finished goods of electronic components. The Group has three reportable segments: the domestic segment produces and sells various types of printed circuit board products, electronic-industrial specialty chemicals, and electronic components; the Foreign segment produces and sells prepreg for printed circuit boards and copper-clad laminates; and the Other segment includes investment and product exchange business. Geographically, it operates in Taiwan, China, and Other countries.
77GF Score

Get the complete analysis for TPE:2383

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

NT$4,745.00
Price
NT$1,469.38
GF Value