Taiwan Tea (TPE:2913) Retained Earnings: NT$2,338.7 Mil (As of Mar. 2026)

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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.
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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:2913 Taiwan Tea Corp TPE:2913
61 GF Score
Price NT$11.35
GF Value NT$24.31
Valuation Possible Value Trap
! 3 Warning Signs
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What is Taiwan Tea Retained Earnings?

Taiwan Tea TPE:2913 +0.89% 61 Retained Earnings is NT$2,338.7 Mil as of Mar. 2026. GuruFocus rates TPE:2913 with a GF Score™ of 61/100 and a GF Value™ of NT$24.31 (Possible Value Trap). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Taiwan Tea's retained earnings for the quarter that ended in Mar. 2026 was NT$2,338.7 Mil.

Taiwan Tea's quarterly retained earnings declined from Sep. 2025 (NT$2,402.0 Mil) to Dec. 2025 (NT$2,371.8 Mil) and declined from Dec. 2025 (NT$2,371.8 Mil) to Mar. 2026 (NT$2,338.7 Mil).

Taiwan Tea's annual retained earnings increased from Dec. 2023 (NT$-1,165.5 Mil) to Dec. 2024 (NT$2,486.8 Mil) but then declined from Dec. 2024 (NT$2,486.8 Mil) to Dec. 2025 (NT$2,371.8 Mil).


Taiwan Tea  (TPE:2913) 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.


Taiwan Tea Retained Earnings Historical Data

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The historical data trend for Taiwan Tea'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.

Taiwan Tea Retained Earnings Chart

Taiwan Tea 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 728.96 -890.84 -1,165.45 2,486.83 2,371.84

Taiwan Tea 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 -1,363.15 2,426.90 2,402.02 2,371.84 2,338.71
TPE:2913
61GF Score
Taiwan Tea Corp TPE:2913
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Tea 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$2,338.7 Mil mean?
Taiwan Tea (TPE:2913) has a Retained Earnings of NT$2,338.7 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Taiwan Tea and its competitors.
Is Taiwan Tea's Retained Earnings too high?
Taiwan Tea's current Retained Earnings is NT$2,338.7 Mil. Overall, Taiwan Tea has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Tea's Retained Earnings compare to ADM and BG?
Taiwan Tea's Retained Earnings of NT$2,338.7 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Retained Earnings depends on the Consumer Packaged Goods 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 Taiwan Tea and its competitors. Taiwan Tea's current Retained Earnings is NT$2,338.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Tea stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Tea (TPE:2913) is currently considered Possible Value Trap. The stock's GF Value™ is NT$24.31, compared to a current price of NT$11.35 — trading 53.3% below its estimated fair value. The current Retained Earnings is NT$2,338.7 Mil. Taiwan Tea's overall GF Score™ is 61/100 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 Taiwan Tea (TPE:2913), the current Retained Earnings is NT$2,338.7 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 Taiwan Tea (TPE:2913) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Tea stock appears to be undervalued. The current stock price of NT$11.35 is trading 53.3% below its estimated GF Value™ of NT$24.31. GuruFocus considers Taiwan Tea to be Possible Value Trap.

Key valuation signals for TPE:2913:

  • Retained Earnings: NT$2,338.7 Mil
  • GF Value™: NT$24.31 vs. price of NT$11.35 (53.3% below fair value)
  • GF Score™: 61/100 with 3 warning signs

No single metric tells the full story. See the TPE:2913 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Tea Business Description

Address No. 3, Zhonghua Road, Hukou Township, Hsinchu, TWN, 303035
Taiwan Tea Corp is responsible for agriculture, fishery, forestry and animal husbandry. The Company's main business activities include manufacturing and sales of tea and related products. The two reportable segments are Retail and trading segment generate maximum revenue from Taiwan: manufacture and sale of tea and other agricultural products, trading of imported goods including food, alcoholic beverages and other products, and operation of recreational tourism; and Asset segment: management of land assets, including land inspections, land and building leases, contract renewals, and related land sale procedures.
61GF Score

Get the complete analysis for TPE:2913

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

NT$11.35
Price
NT$24.31
GF Value