Well Shin Technology Co (TPE:3501) Retained Earnings: NT$2,949 Mil (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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TPE:3501 Well Shin Technology Co Ltd TPE:3501
76 GF Score
Price NT$40.40
GF Value NT$60.78
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Well Shin Technology Co Retained Earnings?

Well Shin Technology Co TPE:3501 +0.25% 76 Retained Earnings is NT$2,949 Mil as of Dec. 2025. GuruFocus rates TPE:3501 with a GF Score™ of 76/100 and a GF Value™ of NT$60.78 (Significantly Undervalued). The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Well Shin Technology Co's retained earnings for the quarter that ended in Dec. 2025 was NT$2,949 Mil.

Well Shin Technology Co's quarterly retained earnings increased from Jun. 2025 (NT$2,829 Mil) to Sep. 2025 (NT$2,900 Mil) and increased from Sep. 2025 (NT$2,900 Mil) to Dec. 2025 (NT$2,949 Mil).

Well Shin Technology Co's annual retained earnings increased from Dec. 2023 (NT$2,709 Mil) to Dec. 2024 (NT$2,945 Mil) and increased from Dec. 2024 (NT$2,945 Mil) to Dec. 2025 (NT$2,949 Mil).


Well Shin Technology Co  (TPE:3501) 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.


Well Shin Technology Co Retained Earnings Historical Data

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The historical data trend for Well Shin Technology 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.

Well Shin Technology Co Retained Earnings Chart

Well Shin Technology 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 2,177.18 2,630.59 2,709.48 2,944.99 2,949.30

Well Shin Technology Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 2,944.99 2,631.96 2,829.50 2,900.29 2,949.30
TPE:3501
76GF Score
Well Shin Technology Co Ltd TPE:3501
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Well Shin Technology 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$2,949 Mil mean?
Well Shin Technology Co (TPE:3501) has a Retained Earnings of NT$2,949 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Well Shin Technology Co and its competitors.
Is Well Shin Technology Co's Retained Earnings too high?
Well Shin Technology Co's current Retained Earnings is NT$2,949 Mil. Overall, Well Shin Technology Co has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Well Shin Technology Co's Retained Earnings compare to VRT and BE?
Well Shin Technology Co's Retained Earnings of NT$2,949 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 Well Shin Technology Co and its competitors. Well Shin Technology Co's current Retained Earnings is NT$2,949 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Well Shin Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Well Shin Technology Co (TPE:3501) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$60.78, compared to a current price of NT$40.40 — trading 33.5% below its estimated fair value. The current Retained Earnings is NT$2,949 Mil. Well Shin Technology Co's overall GF Score™ is 76/100 with 6 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 Well Shin Technology Co (TPE:3501), the current Retained Earnings is NT$2,949 Mil as of Dec. 2025. 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 Well Shin Technology Co (TPE:3501) Overvalued in 2026?

Based on GuruFocus' analysis, Well Shin Technology Co stock appears to be undervalued. The current stock price of NT$40.40 is trading 33.5% below its estimated GF Value™ of NT$60.78. GuruFocus considers Well Shin Technology Co to be Significantly Undervalued.

Key valuation signals for TPE:3501:

  • Retained Earnings: NT$2,949 Mil
  • GF Value™: NT$60.78 vs. price of NT$40.40 (33.5% below fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the TPE:3501 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Well Shin Technology Co Business Description

Address No.196, Xinhu 3rd, Neihu District, Taipei, TWN, 114065
Well Shin Technology Co Ltd manufactures electronics products. The Company is engaged in the manufacture of wire and Cable and electronic components and wholesale and retail of electronic materials. The product portfolio of the company encompasses AC plug, AC connectors, Socket inlet, Power strip, Adapter, Locking cord, Charger, Headphone, and among others.
76GF Score

Get the complete analysis for TPE:3501

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

NT$40.40
Price
NT$60.78
GF Value