Thunder Tiger (TPE:8033) Retained Earnings: NT$-399 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:8033 Thunder Tiger Corp TPE:8033
63 GF Score
Price NT$173.00
GF Value NT$71.96
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Thunder Tiger Retained Earnings?

Thunder Tiger TPE:8033 -8.47% 63 Retained Earnings is NT$-399 Mil as of Mar. 2026. GuruFocus rates TPE:8033 with a GF Score™ of 63/100 and a GF Value™ of NT$71.96 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Thunder Tiger's retained earnings for the quarter that ended in Mar. 2026 was NT$-399 Mil.

Thunder Tiger's quarterly retained earnings declined from Sep. 2025 (NT$-428 Mil) to Dec. 2025 (NT$-450 Mil) but then increased from Dec. 2025 (NT$-450 Mil) to Mar. 2026 (NT$-399 Mil).

Thunder Tiger's annual retained earnings increased from Dec. 2023 (NT$-608 Mil) to Dec. 2024 (NT$-535 Mil) and increased from Dec. 2024 (NT$-535 Mil) to Dec. 2025 (NT$-450 Mil).


Thunder Tiger  (TPE:8033) 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.


Thunder Tiger Retained Earnings Historical Data

* Premium members only.

The historical data trend for Thunder Tiger'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.

Thunder Tiger Retained Earnings Chart

Thunder Tiger 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 -591.57 -581.92 -607.81 -535.03 -450.29

Thunder Tiger 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 -498.53 -430.07 -427.89 -450.29 -398.70
TPE:8033
63GF Score
Thunder Tiger Corp TPE:8033
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thunder Tiger 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$-399 Mil mean?
Thunder Tiger (TPE:8033) has a Retained Earnings of NT$-399 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Thunder Tiger and its competitors.
Is Thunder Tiger's Retained Earnings too high?
Thunder Tiger's current Retained Earnings is NT$-399 Mil. Overall, Thunder Tiger has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thunder Tiger's Retained Earnings compare to AS and HAS?
Thunder Tiger's Retained Earnings of NT$-399 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Retained Earnings depends on the Travel & Leisure 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 Thunder Tiger and its competitors. Thunder Tiger's current Retained Earnings is NT$-399 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thunder Tiger stock overvalued right now?
Based on GuruFocus' analysis, Thunder Tiger (TPE:8033) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$71.96, compared to a current price of NT$173.00 — trading 140.4% above its estimated fair value. The current Retained Earnings is NT$-399 Mil. Thunder Tiger's overall GF Score™ is 63/100 with 4 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 Thunder Tiger (TPE:8033), the current Retained Earnings is NT$-399 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 Thunder Tiger (TPE:8033) Overvalued in 2026?

Based on GuruFocus' analysis, Thunder Tiger stock appears to be overvalued. The current stock price of NT$173.00 is trading 140.4% above its estimated GF Value™ of NT$71.96. GuruFocus considers Thunder Tiger to be Significantly Overvalued.

Key valuation signals for TPE:8033:

  • Retained Earnings: NT$-399 Mil
  • GF Value™: NT$71.96 vs. price of NT$173.00 (140.4% above fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the TPE:8033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thunder Tiger Business Description

Address No.7, 6th Road, Industry Park, Taichung, TWN, 40755
Thunder Tiger Corp is a Taiwan-based company engaged in the manufacturing and selling of remote-controlled planes, helicopters, cars, boats, engine parts, and medical devices. Its segments include the Remote-controlled models department, Oral medical department, Aluminum boats products and the Aseptic packages department. The majority of the company's revenue is generated from the Remote-controlled models department. Geographically, America is its key revenue generating market followed by Taiwan and other regions.
63GF Score

Get the complete analysis for TPE:8033

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

NT$173.00
Price
NT$71.96
GF Value