Zinwell (TPE:2485) Retained Earnings: NT$150 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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:2485 Zinwell Corp TPE:2485
39 GF Score
Price NT$41.05
GF Value NT$12.92
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Zinwell Retained Earnings?

Zinwell TPE:2485 +0.61% 39 Retained Earnings is NT$150 Mil as of Mar. 2026. GuruFocus rates TPE:2485 with a GF Score™ of 39/100 and a GF Value™ of NT$12.92 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zinwell's retained earnings for the quarter that ended in Mar. 2026 was NT$150 Mil.

Zinwell's quarterly retained earnings increased from Sep. 2025 (NT$-99 Mil) to Dec. 2025 (NT$21 Mil) and increased from Dec. 2025 (NT$21 Mil) to Mar. 2026 (NT$150 Mil).

Zinwell's annual retained earnings declined from Dec. 2023 (NT$1,028 Mil) to Dec. 2024 (NT$323 Mil) and declined from Dec. 2024 (NT$323 Mil) to Dec. 2025 (NT$21 Mil).


Zinwell  (TPE:2485) 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.


Zinwell Retained Earnings Historical Data

* Premium members only.

The historical data trend for Zinwell'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.

Zinwell Retained Earnings Chart

Zinwell 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 1,111.27 1,121.58 1,028.17 322.78 20.90

Zinwell 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 132.62 -86.19 -98.51 20.90 150.23
TPE:2485
39GF Score
Zinwell Corp TPE:2485
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Zinwell 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$150 Mil mean?
Zinwell (TPE:2485) has a Retained Earnings of NT$150 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Zinwell and its competitors.
Is Zinwell's Retained Earnings too high?
Zinwell's current Retained Earnings is NT$150 Mil. Overall, Zinwell has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zinwell's Retained Earnings compare to CSCO and MSI?
Zinwell's Retained Earnings of NT$150 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 Zinwell and its competitors. Zinwell's current Retained Earnings is NT$150 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zinwell stock overvalued right now?
Based on GuruFocus' analysis, Zinwell (TPE:2485) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$12.92, compared to a current price of NT$41.05 — trading 217.7% above its estimated fair value. The current Retained Earnings is NT$150 Mil. Zinwell's overall GF Score™ is 39/100 with 3 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 Zinwell (TPE:2485), the current Retained Earnings is NT$150 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 Zinwell (TPE:2485) Overvalued in 2026?

Based on GuruFocus' analysis, Zinwell stock appears to be overvalued. The current stock price of NT$41.05 is trading 217.7% above its estimated GF Value™ of NT$12.92. GuruFocus considers Zinwell to be Significantly Overvalued.

Key valuation signals for TPE:2485:

  • Retained Earnings: NT$150 Mil
  • GF Value™: NT$12.92 vs. price of NT$41.05 (217.7% above fair value)
  • GF Score™: 39/100 with 3 warning signs

No single metric tells the full story. See the TPE:2485 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zinwell Business Description

Address 7th Floor, 512, Yuanshan Road, New Taipei City, Zhonghe District, Taipei, TWN, 235
Zinwell Corp is engaged in research and development, manufacturing and sales of Digital Cable / Satellite / Terrestrial receiving equipment, Broadcast and Broadband Communication equipment, IPTV receiving equipment, Wireless equipment. The products are categorized as Satellite / Terrestrial, Digital Home Entertainment, Residential Broadband, and CATV / MATV Transmission products. Its segment includes Digital cable and telecommunication products and Others.
39GF Score

Get the complete analysis for TPE:2485

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

NT$41.05
Price
NT$12.92
GF Value