Mirle Automation Co (TPE:2464) Retained Earnings: NT$861 Mil (As of Mar. 2026)

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TPE:2464 Mirle Automation Co Ltd TPE:2464
54 GF Score
Price NT$178.00
GF Value NT$59.54
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Mirle Automation Co Retained Earnings?

Mirle Automation Co TPE:2464 +4.71% 54 Retained Earnings is NT$861 Mil as of Mar. 2026. GuruFocus rates TPE:2464 with a GF Score™ of 54/100 and a GF Value™ of NT$59.54 (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. Mirle Automation Co's retained earnings for the quarter that ended in Mar. 2026 was NT$861 Mil.

Mirle Automation Co's quarterly retained earnings declined from Sep. 2025 (NT$894 Mil) to Dec. 2025 (NT$863 Mil) and declined from Dec. 2025 (NT$863 Mil) to Mar. 2026 (NT$861 Mil).

Mirle Automation Co's annual retained earnings increased from Dec. 2023 (NT$943 Mil) to Dec. 2024 (NT$965 Mil) but then declined from Dec. 2024 (NT$965 Mil) to Dec. 2025 (NT$863 Mil).


Mirle Automation Co  (TPE:2464) 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.


Mirle Automation Co Retained Earnings Historical Data

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The historical data trend for Mirle Automation 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.

Mirle Automation Co Retained Earnings Chart

Mirle Automation 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 1,103.15 1,104.07 943.03 964.57 862.98

Mirle Automation 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 896.55 892.77 894.06 862.98 860.56
TPE:2464
54GF Score
Mirle Automation Co Ltd TPE:2464
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Mirle Automation 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$861 Mil mean?
Mirle Automation Co (TPE:2464) has a Retained Earnings of NT$861 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Mirle Automation Co and its competitors.
Is Mirle Automation Co's Retained Earnings too high?
Mirle Automation Co's current Retained Earnings is NT$861 Mil. Overall, Mirle Automation Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mirle Automation Co's Retained Earnings compare to GEV and ETN?
Mirle Automation Co's Retained Earnings of NT$861 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Retained Earnings depends on the Industrial Products 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 Mirle Automation Co and its competitors. Mirle Automation Co's current Retained Earnings is NT$861 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirle Automation Co stock overvalued right now?
Based on GuruFocus' analysis, Mirle Automation Co (TPE:2464) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$59.54, compared to a current price of NT$178.00 — trading 199% above its estimated fair value. The current Retained Earnings is NT$861 Mil. Mirle Automation Co's overall GF Score™ is 54/100 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 Mirle Automation Co (TPE:2464), the current Retained Earnings is NT$861 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 Mirle Automation Co (TPE:2464) Overvalued in 2026?

Based on GuruFocus' analysis, Mirle Automation Co stock appears to be overvalued. The current stock price of NT$178.00 is trading 199% above its estimated GF Value™ of NT$59.54. GuruFocus considers Mirle Automation Co to be Significantly Overvalued.

Key valuation signals for TPE:2464:

  • Retained Earnings: NT$861 Mil
  • GF Value™: NT$59.54 vs. price of NT$178.00 (199% above fair value)
  • GF Score™: 54/100 with 2 warning signs

No single metric tells the full story. See the TPE:2464 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mirle Automation Co Business Description

Address No.3, R&D Road II, Science Park, Hsinchu, TWN, 30076
Mirle Automation Co Ltd is engaged in automation system integrators and related product manufacturing. It is mainly engaged in the business of automation equipment systems and their components, various parking facilities, medical equipment, and the design, development, production, and sale of automation equipment used in these products, and also provides after-sales services for the products. It is also engaged in the leasing business and develops and sells software and databases. Its segments are the intelligent automation system and equipment, which derive key revenue, and the digital technology products and industrial controllers. Geographically, it derives key revenue from Taiwan. Product-wise, it generates the majority of its revenue from Semiconductor automation systems.
54GF Score

Get the complete analysis for TPE:2464

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

NT$178.00
Price
NT$59.54
GF Value