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.
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.
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Top Bright Holding Co's retained earnings for the quarter that ended in Mar. 2026 was NT$2,013 Mil.
Top Bright Holding Co's quarterly retained earnings
increased
from Sep. 2025 (NT$1,749 Mil) to Dec. 2025 (NT$1,905 Mil) and
increased
from Dec. 2025 (NT$1,905 Mil) to Mar. 2026 (NT$2,013 Mil).
Top Bright Holding Co's annual retained earnings
increased
from Dec. 2023 (NT$1,750 Mil) to Dec. 2024 (NT$1,865 Mil) and
increased
from Dec. 2024 (NT$1,865 Mil) to Dec. 2025 (NT$1,905 Mil).
Top Bright Holding Co (TPE:8499) 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.
Top Bright Holding Co Retained Earnings Historical Data
* Premium members only.
The historical data trend for Top Bright Holding 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.
Top Bright Holding 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.
What does a Retained Earnings of NT$2,013 Mil mean?
Top Bright Holding Co (TPE:8499) has a Retained Earnings of NT$2,013 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Top Bright Holding Co and its competitors.
Is Top Bright Holding Co's Retained Earnings too high?
Top Bright Holding Co's current Retained Earnings is NT$2,013 Mil. Overall, Top Bright Holding Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Top Bright Holding Co's Retained Earnings compare to APH and GLW?
Top Bright Holding Co's Retained Earnings of NT$2,013 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Retained Earnings depends on the Hardware 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 Top Bright Holding Co and its competitors. Top Bright Holding Co's current Retained Earnings is NT$2,013 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Bright Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Top Bright Holding Co (TPE:8499) is currently considered Fairly Valued. The stock's GF Value™ is NT$251.34, compared to a current price of NT$234.00 — trading 6.9% below its estimated fair value. The current Retained Earnings is NT$2,013 Mil. Top Bright Holding Co's overall GF Score™ is 87/100 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 Top Bright Holding Co (TPE:8499), the current Retained Earnings is NT$2,013 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 Top Bright Holding Co (TPE:8499) Overvalued in 2026?
Based on GuruFocus' analysis, Top Bright Holding Co stock appears to be undervalued.
The current stock price of NT$234.00 is trading 6.9% below its estimated GF Value™ of NT$251.34.
GuruFocus considers Top Bright Holding Co to be Fairly Valued.
Key valuation signals for TPE:8499:
Retained Earnings: NT$2,013 Mil
GF Value™: NT$251.34 vs. price of NT$234.00 (6.9% below fair value)
No single metric tells the full story. See the TPE:8499 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Top Bright Holding Co Ltd is a Taiwan-based company engaged in the research, manufacture, and sale of electronic weighing and electronic materials. The company operates through two segments namely Electronic Materials Department and The Scales Department. It generates maximum revenue from the Electronic Material segment. The company's products include Conductive tape, Conductive foam, Conductive film, Insulation Tape, Shock-absorbing sealing material, Thermal interface material, Smart Barcode Scale, Smart weighing instrument, Traceability scale, and others. Geographically, it derives a majority of its revenue from China and also has a presence in Asia, Europe, America, Africa, and Oceania.
87GF Score
Get the complete analysis for TPE:8499
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:8499 has been successfully added to your 
