Shin Zu Shing Co (TPE:3376) Retained Earnings: NT$10,458 Mil (As of Mar. 2026)

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:3376 Shin Zu Shing Co Ltd TPE:3376
84 GF Score
Price NT$179.50
GF Value NT$224.31
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Shin Zu Shing Co Retained Earnings?

Shin Zu Shing Co TPE:3376 -2.71% 84 Retained Earnings is NT$10,458 Mil as of Mar. 2026. GuruFocus rates TPE:3376 with a GF Score™ of 84/100 and a GF Value™ of NT$224.31 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shin Zu Shing Co's retained earnings for the quarter that ended in Mar. 2026 was NT$10,458 Mil.

Shin Zu Shing Co's quarterly retained earnings increased from Sep. 2025 (NT$10,352 Mil) to Dec. 2025 (NT$10,431 Mil) and increased from Dec. 2025 (NT$10,431 Mil) to Mar. 2026 (NT$10,458 Mil).

Shin Zu Shing Co's annual retained earnings increased from Dec. 2023 (NT$9,872 Mil) to Dec. 2024 (NT$10,665 Mil) but then declined from Dec. 2024 (NT$10,665 Mil) to Dec. 2025 (NT$10,431 Mil).


Shin Zu Shing Co  (TPE:3376) 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.


Shin Zu Shing Co Retained Earnings Historical Data

* Premium members only.

The historical data trend for Shin Zu Shing 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.

Shin Zu Shing Co Retained Earnings Chart

Shin Zu Shing 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 8,984.34 9,672.69 9,872.26 10,665.48 10,431.02

Shin Zu Shing 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 10,880.98 10,236.16 10,352.00 10,431.02 10,458.21
TPE:3376
84GF Score
Shin Zu Shing Co Ltd TPE:3376
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Zu Shing 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$10,458 Mil mean?
Shin Zu Shing Co (TPE:3376) has a Retained Earnings of NT$10,458 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Shin Zu Shing Co and its competitors.
Is Shin Zu Shing Co's Retained Earnings too high?
Shin Zu Shing Co's current Retained Earnings is NT$10,458 Mil. Overall, Shin Zu Shing Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Zu Shing Co's Retained Earnings compare to CRS and ATI?
Shin Zu Shing Co's Retained Earnings of NT$10,458 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 Shin Zu Shing Co and its competitors. Shin Zu Shing Co's current Retained Earnings is NT$10,458 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Zu Shing Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Zu Shing Co (TPE:3376) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$224.31, compared to a current price of NT$179.50 — trading 20% below its estimated fair value. The current Retained Earnings is NT$10,458 Mil. Shin Zu Shing Co's overall GF Score™ is 84/100 with 5 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 Shin Zu Shing Co (TPE:3376), the current Retained Earnings is NT$10,458 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 Shin Zu Shing Co (TPE:3376) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Zu Shing Co stock appears to be undervalued. The current stock price of NT$179.50 is trading 20% below its estimated GF Value™ of NT$224.31. GuruFocus considers Shin Zu Shing Co to be Modestly Undervalued.

Key valuation signals for TPE:3376:

  • Retained Earnings: NT$10,458 Mil
  • GF Value™: NT$224.31 vs. price of NT$179.50 (20% below fair value)
  • GF Score™: 84/100 with 5 warning signs

No single metric tells the full story. See the TPE:3376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Zu Shing Co Business Description

Address No. 174, Junying Street, Shulin District, New Taipei City, TWN, 238
Shin Zu Shing Co Ltd is engaged in research and development, design, production, assembly, testing, manufacturing, and sales of various precision springs, stamping parts, hinge components, and metal injection molding (MIM) products. It develops hinge components used in notebook computers, LCD monitors, digital cameras, and other electronic product parts. Its segments are Hinge products, which generate maximum revenue and engage in the design, manufacture, testing, and sales of hinge products for various components, including NB, LCD, and 3C hinge products and other parts such as springs and stamping parts for different types of laptops or consumer electronic products, as well as Milling products and MIM products. Geographically, it generates maximum revenue from Asia.
84GF Score

Get the complete analysis for TPE:3376

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

NT$179.50
Price
NT$224.31
GF Value