RichWave Technology (TPE:4968) Retained Earnings: NT$751 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:4968 RichWave Technology Corp TPE:4968
72 GF Score
Price NT$99.50
GF Value NT$195.89
Valuation Possible Value Trap
! 2 Warning Signs
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What is RichWave Technology Retained Earnings?

RichWave Technology TPE:4968 +3.75% 72 Retained Earnings is NT$751 Mil as of Mar. 2026. GuruFocus rates TPE:4968 with a GF Score™ of 72/100 and a GF Value™ of NT$195.89 (Possible Value Trap). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. RichWave Technology's retained earnings for the quarter that ended in Mar. 2026 was NT$751 Mil.

RichWave Technology's quarterly retained earnings increased from Sep. 2025 (NT$577 Mil) to Dec. 2025 (NT$697 Mil) and increased from Dec. 2025 (NT$697 Mil) to Mar. 2026 (NT$751 Mil).

RichWave Technology's annual retained earnings increased from Dec. 2023 (NT$409 Mil) to Dec. 2024 (NT$567 Mil) and increased from Dec. 2024 (NT$567 Mil) to Dec. 2025 (NT$697 Mil).


RichWave Technology  (TPE:4968) 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.


RichWave Technology Retained Earnings Historical Data

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The historical data trend for RichWave Technology'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.

RichWave Technology Retained Earnings Chart

RichWave Technology 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 936.42 635.86 409.30 566.93 697.37

RichWave Technology 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 592.69 447.39 576.85 697.37 750.88
TPE:4968
72GF Score
RichWave Technology Corp TPE:4968
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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RichWave Technology 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$751 Mil mean?
RichWave Technology (TPE:4968) has a Retained Earnings of NT$751 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on RichWave Technology and its competitors.
Is RichWave Technology's Retained Earnings too high?
RichWave Technology's current Retained Earnings is NT$751 Mil. Overall, RichWave Technology has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does RichWave Technology's Retained Earnings compare to NVDA and AVGO?
RichWave Technology's Retained Earnings of NT$751 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Retained Earnings depends on the Semiconductors 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 RichWave Technology and its competitors. RichWave Technology's current Retained Earnings is NT$751 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RichWave Technology stock overvalued right now?
Based on GuruFocus' analysis, RichWave Technology (TPE:4968) is currently considered Possible Value Trap. The stock's GF Value™ is NT$195.89, compared to a current price of NT$99.50 — trading 49.2% below its estimated fair value. The current Retained Earnings is NT$751 Mil. RichWave Technology's overall GF Score™ is 72/100 with 2 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 RichWave Technology (TPE:4968), the current Retained Earnings is NT$751 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 RichWave Technology (TPE:4968) Overvalued in 2026?

Based on GuruFocus' analysis, RichWave Technology stock appears to be undervalued. The current stock price of NT$99.50 is trading 49.2% below its estimated GF Value™ of NT$195.89. GuruFocus considers RichWave Technology to be Possible Value Trap.

Key valuation signals for TPE:4968:

  • Retained Earnings: NT$751 Mil
  • GF Value™: NT$195.89 vs. price of NT$99.50 (49.2% below fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the TPE:4968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RichWave Technology Business Description

Address Tiding Boulevard, 6th Floor, No. 5, Alley 20, Lane 407, Section 2, Taipei, TWN, 114
RichWave Technology Corp is a fabless IC design company. The company is engaged in the research and development, design, integration, and manufacturing and sales of integrated circuits for wireless communication products. Its product includes a front-end module, power amplifier, switch, and GPS LNA. Its products are used in networking, mobile phones, broadcasting, surveillance, and automotive rearview applications. The company operates majorly in Taiwan, China, Korea, and Others, with the majority of revenue from Taiwan and China.
72GF Score

Get the complete analysis for TPE:4968

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

NT$99.50
Price
NT$195.89
GF Value