Shin Foong Specialty and Applied Materials Co (TPE:6582) Retained Earnings: NT$2,478.3 Mil (As of Mar. 2026)

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TPE:6582 Shin Foong Specialty and Applied Materials Co TPE:6582
70 GF Score
Price NT$32.15
GF Value NT$25.73
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Shin Foong Specialty and Applied Materials Co Retained Earnings?

Shin Foong Specialty and Applied Materials Co TPE:6582 +0.47% 70 Retained Earnings is NT$2,478.3 Mil as of Mar. 2026. GuruFocus rates TPE:6582 with a GF Score™ of 70/100 and a GF Value™ of NT$25.73 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shin Foong Specialty and Applied Materials Co's retained earnings for the quarter that ended in Mar. 2026 was NT$2,478.3 Mil.

Shin Foong Specialty and Applied Materials Co's quarterly retained earnings declined from Sep. 2025 (NT$2,520.4 Mil) to Dec. 2025 (NT$2,498.6 Mil) and declined from Dec. 2025 (NT$2,498.6 Mil) to Mar. 2026 (NT$2,478.3 Mil).

Shin Foong Specialty and Applied Materials Co's annual retained earnings increased from Dec. 2023 (NT$2,541.6 Mil) to Dec. 2024 (NT$2,658.0 Mil) but then declined from Dec. 2024 (NT$2,658.0 Mil) to Dec. 2025 (NT$2,498.6 Mil).


Shin Foong Specialty and Applied Materials Co  (TPE:6582) 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.


Shin Foong Specialty and Applied Materials Co Retained Earnings Historical Data

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The historical data trend for Shin Foong Specialty and Applied Materials 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.

Shin Foong Specialty and Applied Materials Co Retained Earnings Chart

Shin Foong Specialty and Applied Materials 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 4,579.28 2,824.19 2,541.63 2,658.03 2,498.57

Shin Foong Specialty and Applied Materials 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 2,535.44 2,455.35 2,520.40 2,498.57 2,478.32
TPE:6582
70GF Score
Shin Foong Specialty and Applied Materials Co TPE:6582
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Shin Foong Specialty and Applied Materials 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$2,478.3 Mil mean?
Shin Foong Specialty and Applied Materials Co (TPE:6582) has a Retained Earnings of NT$2,478.3 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Shin Foong Specialty and Applied Materials Co and its competitors.
Is Shin Foong Specialty and Applied Materials Co's Retained Earnings too high?
Shin Foong Specialty and Applied Materials Co's current Retained Earnings is NT$2,478.3 Mil. Overall, Shin Foong Specialty and Applied Materials Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shin Foong Specialty and Applied Materials Co's Retained Earnings compare to LIN and SHW?
Shin Foong Specialty and Applied Materials Co's Retained Earnings of NT$2,478.3 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 Shin Foong Specialty and Applied Materials Co and its competitors. Shin Foong Specialty and Applied Materials Co's current Retained Earnings is NT$2,478.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Foong Specialty and Applied Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Foong Specialty and Applied Materials Co (TPE:6582) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$25.73, compared to a current price of NT$32.15 — trading 25% above its estimated fair value. The current Retained Earnings is NT$2,478.3 Mil. Shin Foong Specialty and Applied Materials Co's overall GF Score™ is 70/100 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 Shin Foong Specialty and Applied Materials Co (TPE:6582), the current Retained Earnings is NT$2,478.3 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 Shin Foong Specialty and Applied Materials Co (TPE:6582) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Foong Specialty and Applied Materials Co stock appears to be overvalued. The current stock price of NT$32.15 is trading 25% above its estimated GF Value™ of NT$25.73. GuruFocus considers Shin Foong Specialty and Applied Materials Co to be Modestly Overvalued.

Key valuation signals for TPE:6582:

  • Retained Earnings: NT$2,478.3 Mil
  • GF Value™: NT$25.73 vs. price of NT$32.15 (25% above fair value)
  • GF Score™: 70/100 with 2 warning signs

No single metric tells the full story. See the TPE:6582 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Foong Specialty and Applied Materials Co Business Description

Address No.55, Section 3, Zhongshan Road, Fangliao, Ping Tung, Fangliao, TWN, 94048
Shin Foong Specialty and Applied Materials Co is engaged in manufacturing and selling synthetic latex and adhesives. Its products are NBR, SBR, Acrylic, and Other. Its products are used in Medical & Healthcare, Adhesive, Building & Construction, Energy, and Fiber & Textile. It has a geographic presence in Asia, Taiwan, and Others, generating the key revenue from Asia.
70GF Score

Get the complete analysis for TPE:6582

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

NT$32.15
Price
NT$25.73
GF Value