San Fu Chemical Co (TPE:4755) Retained Earnings: NT$2,854 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:4755 San Fu Chemical Co Ltd TPE:4755
86 GF Score
Price NT$113.50
GF Value NT$128.75
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is San Fu Chemical Co Retained Earnings?

San Fu Chemical Co TPE:4755 +5.09% 86 Retained Earnings is NT$2,854 Mil as of Mar. 2026. GuruFocus rates TPE:4755 with a GF Score™ of 86/100 and a GF Value™ of NT$128.75 (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. San Fu Chemical Co's retained earnings for the quarter that ended in Mar. 2026 was NT$2,854 Mil.

San Fu Chemical Co's quarterly retained earnings increased from Sep. 2025 (NT$2,602 Mil) to Dec. 2025 (NT$2,734 Mil) and increased from Dec. 2025 (NT$2,734 Mil) to Mar. 2026 (NT$2,854 Mil).

San Fu Chemical Co's annual retained earnings increased from Dec. 2023 (NT$2,425 Mil) to Dec. 2024 (NT$2,570 Mil) and increased from Dec. 2024 (NT$2,570 Mil) to Dec. 2025 (NT$2,734 Mil).


San Fu Chemical Co  (TPE:4755) 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.


San Fu Chemical Co Retained Earnings Historical Data

* Premium members only.

The historical data trend for San Fu Chemical 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.

San Fu Chemical Co Retained Earnings Chart

San Fu Chemical 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 1,907.06 2,380.46 2,424.57 2,570.12 2,734.30

San Fu Chemical 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 2,479.39 2,506.52 2,602.45 2,734.30 2,854.32
TPE:4755
86GF Score
San Fu Chemical Co Ltd TPE:4755
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

San Fu Chemical 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$2,854 Mil mean?
San Fu Chemical Co (TPE:4755) has a Retained Earnings of NT$2,854 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on San Fu Chemical Co and its competitors.
Is San Fu Chemical Co's Retained Earnings too high?
San Fu Chemical Co's current Retained Earnings is NT$2,854 Mil. Overall, San Fu Chemical Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does San Fu Chemical Co's Retained Earnings compare to LIN and SHW?
San Fu Chemical Co's Retained Earnings of NT$2,854 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Retained Earnings depends on the Chemicals 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 San Fu Chemical Co and its competitors. San Fu Chemical Co's current Retained Earnings is NT$2,854 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San Fu Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, San Fu Chemical Co (TPE:4755) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$128.75, compared to a current price of NT$113.50 — trading 11.8% below its estimated fair value. The current Retained Earnings is NT$2,854 Mil. San Fu Chemical Co's overall GF Score™ is 86/100 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 San Fu Chemical Co (TPE:4755), the current Retained Earnings is NT$2,854 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 San Fu Chemical Co (TPE:4755) Overvalued in 2026?

Based on GuruFocus' analysis, San Fu Chemical Co stock appears to be undervalued. The current stock price of NT$113.50 is trading 11.8% below its estimated GF Value™ of NT$128.75. GuruFocus considers San Fu Chemical Co to be Modestly Undervalued.

Key valuation signals for TPE:4755:

  • Retained Earnings: NT$2,854 Mil
  • GF Value™: NT$128.75 vs. price of NT$113.50 (11.8% below fair value)
  • GF Score™: 86/100 with 5 warning signs

No single metric tells the full story. See the TPE:4755 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


San Fu Chemical Co Business Description

Address Zhongshan North Road, 5th Floor, No. 21, Zhongshan District, Taipei, TWN, 10405
San Fu Chemical Co Ltd is engaged in investing in the manufacture and sales of various chemical products. The company's products and services are: Precision chemicals, Basic chemicals, Food ingredients and additives, Grinding fluid outsourcing, Developer waste liquid recycling, and Commissioned inspection. It operates in two segments: Department of fine and high fine chemicals: Mainly engaged in the manufacturing, processing, and trading of chemical cleaning and etching agents; Department of basic chemicals: Mainly engaged in the manufacturing, processing, and trading of food additives. The majority of the revenue is derived from the Department of fine and high fine chemicals segment.
86GF Score

Get the complete analysis for TPE:4755

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

NT$113.50
Price
NT$128.75
GF Value