Capital Futures (TPE:6024) Retained Earnings: NT$1,909 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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TPE:6024 Capital Futures Corp TPE:6024
73 GF Score
Price NT$60.80
GF Value NT$52.27
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Capital Futures Retained Earnings?

Capital Futures TPE:6024 -0.49% 73 Retained Earnings is NT$1,909 Mil as of Mar. 2026. GuruFocus rates TPE:6024 with a GF Score™ of 73/100 and a GF Value™ of NT$52.27 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Capital Futures's retained earnings for the quarter that ended in Mar. 2026 was NT$1,909 Mil.

Capital Futures's quarterly retained earnings increased from Sep. 2025 (NT$1,097 Mil) to Dec. 2025 (NT$1,468 Mil) and increased from Dec. 2025 (NT$1,468 Mil) to Mar. 2026 (NT$1,909 Mil).

Capital Futures's annual retained earnings increased from Dec. 2023 (NT$1,010 Mil) to Dec. 2024 (NT$1,192 Mil) and increased from Dec. 2024 (NT$1,192 Mil) to Dec. 2025 (NT$1,468 Mil).


Capital Futures  (TPE:6024) 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.


Capital Futures Retained Earnings Historical Data

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The historical data trend for Capital Futures'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.

Capital Futures Retained Earnings Chart

Capital Futures 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 522.80 785.29 1,010.09 1,192.35 1,467.69

Capital Futures 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 1,472.18 740.55 1,097.32 1,467.69 1,908.73
TPE:6024
73GF Score
Capital Futures Corp TPE:6024
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Capital Futures 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$1,909 Mil mean?
Capital Futures (TPE:6024) has a Retained Earnings of NT$1,909 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Capital Futures and its competitors.
Is Capital Futures' Retained Earnings too high?
Capital Futures' current Retained Earnings is NT$1,909 Mil. Overall, Capital Futures has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Capital Futures' Retained Earnings compare to MS and GS?
Capital Futures' Retained Earnings of NT$1,909 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Retained Earnings depends on the Capital Markets 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 Capital Futures and its competitors. Capital Futures's current Retained Earnings is NT$1,909 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Futures stock overvalued right now?
Based on GuruFocus' analysis, Capital Futures (TPE:6024) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$52.27, compared to a current price of NT$60.80 — trading 16.3% above its estimated fair value. The current Retained Earnings is NT$1,909 Mil. Capital Futures' overall GF Score™ is 73/100 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 Capital Futures (TPE:6024), the current Retained Earnings is NT$1,909 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 Capital Futures (TPE:6024) Overvalued in 2026?

Based on GuruFocus' analysis, Capital Futures stock appears to be overvalued. The current stock price of NT$60.80 is trading 16.3% above its estimated GF Value™ of NT$52.27. GuruFocus considers Capital Futures to be Modestly Overvalued.

Key valuation signals for TPE:6024:

  • Retained Earnings: NT$1,909 Mil
  • GF Value™: NT$52.27 vs. price of NT$60.80 (16.3% above fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the TPE:6024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Capital Futures Business Description

Address No. 97, Tun Hwa South Road, 32nd, B1 & B2 Floor, Section 2, Daan District, Taipei, TWN, 10682
Capital Futures Corp is a financial services company. The company offers futures advisory business, futures management business, leverage exchange agency, securities investment consulting, management consulting and information software service, securities business, futures advisory business, fecurities introducing brokerage, proprietary trading, and others. The company operates in a single reporting segment: the Brokerage segment and is mainly involved in the futures brokerage business.
73GF Score

Get the complete analysis for TPE:6024

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

NT$60.80
Price
NT$52.27
GF Value