Cleanaway Co (TPE:8422) Retained Earnings: NT$3,174 Mil (As of Mar. 2026)

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TPE:8422 Cleanaway Co Ltd TPE:8422
84 GF Score
Price NT$24.75
GF Value NT$21.60
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Cleanaway Co Retained Earnings?

Cleanaway Co TPE:8422 +1.64% 84 Retained Earnings is NT$3,174 Mil as of Mar. 2026. GuruFocus rates TPE:8422 with a GF Score™ of 84/100 and a GF Value™ of NT$21.60 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cleanaway Co's retained earnings for the quarter that ended in Mar. 2026 was NT$3,174 Mil.

Cleanaway Co's quarterly retained earnings increased from Sep. 2025 (NT$2,614 Mil) to Dec. 2025 (NT$2,894 Mil) and increased from Dec. 2025 (NT$2,894 Mil) to Mar. 2026 (NT$3,174 Mil).

Cleanaway Co's annual retained earnings increased from Dec. 2023 (NT$2,028 Mil) to Dec. 2024 (NT$2,336 Mil) and increased from Dec. 2024 (NT$2,336 Mil) to Dec. 2025 (NT$2,894 Mil).


Cleanaway Co  (TPE:8422) 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.


Cleanaway Co Retained Earnings Historical Data

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The historical data trend for Cleanaway 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.

Cleanaway Co Retained Earnings Chart

Cleanaway 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 1,576.58 1,718.37 2,028.25 2,336.39 2,893.57

Cleanaway 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 1,997.94 2,331.96 2,613.69 2,893.57 3,174.49
TPE:8422
84GF Score
Cleanaway Co Ltd TPE:8422
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Cleanaway 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$3,174 Mil mean?
Cleanaway Co (TPE:8422) has a Retained Earnings of NT$3,174 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Cleanaway Co and its competitors.
Is Cleanaway Co's Retained Earnings too high?
Cleanaway Co's current Retained Earnings is NT$3,174 Mil. Overall, Cleanaway Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cleanaway Co's Retained Earnings compare to WM and RSG?
Cleanaway Co's Retained Earnings of NT$3,174 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good Retained Earnings depends on the Waste Management 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 Cleanaway Co and its competitors. Cleanaway Co's current Retained Earnings is NT$3,174 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cleanaway Co stock overvalued right now?
Based on GuruFocus' analysis, Cleanaway Co (TPE:8422) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$21.60, compared to a current price of NT$24.75 — trading 14.6% above its estimated fair value. The current Retained Earnings is NT$3,174 Mil. Cleanaway Co's overall GF Score™ is 84/100 with 9 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 Cleanaway Co (TPE:8422), the current Retained Earnings is NT$3,174 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 Cleanaway Co (TPE:8422) Overvalued in 2026?

Based on GuruFocus' analysis, Cleanaway Co stock appears to be overvalued. The current stock price of NT$24.75 is trading 14.6% above its estimated GF Value™ of NT$21.60. GuruFocus considers Cleanaway Co to be Modestly Overvalued.

Key valuation signals for TPE:8422:

  • Retained Earnings: NT$3,174 Mil
  • GF Value™: NT$21.60 vs. price of NT$24.75 (14.6% above fair value)
  • GF Score™: 84/100 with 9 warning signs

No single metric tells the full story. See the TPE:8422 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cleanaway Co Business Description

Address No. 308, Zhongshan South Road, 1st Floor, Houhong Village, Gangshan District, Kaohsiung, TWN, 820
Cleanaway Co Ltd is a Taiwan-based environmental protection and waste management company engaged in the treatment, recycling, transportation, and disposal of industrial and hazardous waste. The company operates through eight reportable segments: Solidification and Excavation, Landfill, Clean-up and Transport, China Operations, Investment, Paper Manufacturing, Power Sales, and Ready-Mixed Concrete. Its services include intermediate treatment of hazardous industrial waste, landfill operations, contaminated site remediation, waste removal and transportation, and environmental protection services. The company also manufactures paper products, sells renewable energy generated from solar power, and produces ready-mixed concrete.
84GF Score

Get the complete analysis for TPE:8422

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

NT$24.75
Price
NT$21.60
GF Value