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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Taiwan Cogeneration's retained earnings for the quarter that ended in Mar. 2026 was NT$3,344 Mil.
Taiwan Cogeneration's quarterly retained earnings
increased
from Sep. 2025 (NT$1,384 Mil) to Dec. 2025 (NT$1,801 Mil) and
increased
from Dec. 2025 (NT$1,801 Mil) to Mar. 2026 (NT$3,344 Mil).
Taiwan Cogeneration's annual retained earnings
increased
from Dec. 2023 (NT$1,270 Mil) to Dec. 2024 (NT$1,388 Mil) and
increased
from Dec. 2024 (NT$1,388 Mil) to Dec. 2025 (NT$1,801 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.
Taiwan Cogeneration Retained Earnings Historical Data
* Premium members only.
The historical data trend for Taiwan Cogeneration'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$3,344 Mil mean?
Taiwan Cogeneration (TPE:8926) has a Retained Earnings of NT$3,344 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Taiwan Cogeneration and its competitors.
Is Taiwan Cogeneration's Retained Earnings too high?
Taiwan Cogeneration's current Retained Earnings is NT$3,344 Mil. Overall, Taiwan Cogeneration has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Cogeneration's Retained Earnings compare to PWR and FIX?
Taiwan Cogeneration's Retained Earnings of NT$3,344 Mil can be compared against companies in the Construction 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 Construction company?
A good Retained Earnings depends on the Construction 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 Taiwan Cogeneration and its competitors. Taiwan Cogeneration's current Retained Earnings is NT$3,344 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Cogeneration stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Cogeneration (TPE:8926) is currently considered Possible Value Trap. The stock's GF Value™ is NT$109.97, compared to a current price of NT$59.00 — trading 46.3% below its estimated fair value. The current Retained Earnings is NT$3,344 Mil. Taiwan Cogeneration's overall GF Score™ is 67/100 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 Taiwan Cogeneration (TPE:8926), the current Retained Earnings is NT$3,344 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 Taiwan Cogeneration (TPE:8926) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Cogeneration stock appears to be undervalued.
The current stock price of NT$59.00 is trading 46.3% below its estimated GF Value™ of NT$109.97.
GuruFocus considers Taiwan Cogeneration to be Possible Value Trap.
Key valuation signals for TPE:8926:
Retained Earnings: NT$3,344 Mil
GF Value™: NT$109.97 vs. price of NT$59.00 (46.3% below fair value)
No single metric tells the full story. See the TPE:8926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Cogeneration Corp is engaged in engineering, planning, design, procurement, installation, construction and financial planning of cogeneration systems, environmental protection and fuel procurement for cogeneration systems and related businesses. The Corporation also operates and manages cogeneration plants, provides research and development, technical and consultation services related to cogeneration, and manufactures, assembles, sells, leases, installs and repairs cogeneration equipment. In addition, it invests in cogeneration plants, trades related equipment, engages in power generation businesses other than utility, and performs electric equipment installation. Its revenues are generated from sales from cogeneration plants and revenue from consulting and construction services.
67GF Score
Get the complete analysis for TPE:8926
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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