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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GEM Services's retained earnings for the quarter that ended in Mar. 2026 was NT$1,699 Mil.
GEM Services's quarterly retained earnings
increased
from Sep. 2025 (NT$1,942 Mil) to Dec. 2025 (NT$2,135 Mil) but then
declined
from Dec. 2025 (NT$2,135 Mil) to Mar. 2026 (NT$1,699 Mil).
GEM Services's annual retained earnings
increased
from Dec. 2023 (NT$1,720 Mil) to Dec. 2024 (NT$1,831 Mil) and
increased
from Dec. 2024 (NT$1,831 Mil) to Dec. 2025 (NT$2,135 Mil).
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.
GEM Services Retained Earnings Historical Data
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The historical data trend for GEM Services'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.
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.
What does a Retained Earnings of NT$1,699 Mil mean?
GEM Services (TPE:6525) has a Retained Earnings of NT$1,699 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on GEM Services and its competitors.
Is GEM Services' Retained Earnings too high?
GEM Services' current Retained Earnings is NT$1,699 Mil. Overall, GEM Services has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GEM Services' Retained Earnings compare to NVDA and AVGO?
GEM Services' Retained Earnings of NT$1,699 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 GEM Services and its competitors. GEM Services's current Retained Earnings is NT$1,699 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GEM Services stock overvalued right now?
Based on GuruFocus' analysis, GEM Services (TPE:6525) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$82.43, compared to a current price of NT$136.00 — trading 65% above its estimated fair value. The current Retained Earnings is NT$1,699 Mil. GEM Services' overall GF Score™ is 85/100 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 GEM Services (TPE:6525), the current Retained Earnings is NT$1,699 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 GEM Services (TPE:6525) Overvalued in 2026?
Based on GuruFocus' analysis, GEM Services stock appears to be overvalued.
The current stock price of NT$136.00 is trading 65% above its estimated GF Value™ of NT$82.43.
GuruFocus considers GEM Services to be Significantly Overvalued.
Key valuation signals for TPE:6525:
Retained Earnings: NT$1,699 Mil
GF Value™: NT$82.43 vs. price of NT$136.00 (65% above fair value)
No single metric tells the full story. See the TPE:6525 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GEM Services Inc is a multinational semiconductor assembly and test contractor specializing in small-outline surface-mount packages for power management semiconductors and serving semiconductor manufacturers across communication, computing, industrial, and automotive applications. Its business activities include semiconductor packaging and testing, foundry and plant leasing, with semiconductor products generating the majority of revenue, along with services such as electroplating. The Company provides outsourcing services to IDM and fabless semiconductor companies, including packaging development, wafer processing, assembly, testing, logistics, and reliability services. It operates in Taiwan and Mainland China, with Taiwan generating the majority of revenue.
85GF Score
Get the complete analysis for TPE:6525
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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