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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Vietnam Manufacturing and Export Processing (Holdings)'s retained earnings for the quarter that ended in Mar. 2026 was NT$0 Mil.
Vietnam Manufacturing and Export Processing (Holdings)'s quarterly retained earnings
declined
from Sep. 2025 (NT$0 Mil) to Dec. 2025 (NT$-819 Mil) but then
increased
from Dec. 2025 (NT$-819 Mil) to Mar. 2026 (NT$0 Mil).
Vietnam Manufacturing and Export Processing (Holdings)'s annual retained earnings
declined
from Dec. 2023 (NT$-836 Mil) to Dec. 2024 (NT$-999 Mil) but then
increased
from Dec. 2024 (NT$-999 Mil) to Dec. 2025 (NT$-819 Mil).
Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) 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.
Vietnam Manufacturing and Export Processing (Holdings) Retained Earnings Historical Data
* 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.
Vietnam Manufacturing and Export Processing (Holdings) Retained Earnings Chart
Vietnam Manufacturing and Export Processing (Holdings) Annual Data
Vietnam Manufacturing and Export Processing (Holdings) 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.
Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) has a Retained Earnings of NT$0 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Vietnam Manufacturing and Export Processing (Holdings) and its competitors.
Is Vietnam Manufacturing and Export Processing (Holdings)'s Retained Earnings too high?
Vietnam Manufacturing and Export Processing (Holdings)'s current Retained Earnings is NT$0 Mil. Overall, Vietnam Manufacturing and Export Processing (Holdings) has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Manufacturing and Export Processing (Holdings)'s Retained Earnings compare to BC and PII?
Vietnam Manufacturing and Export Processing (Holdings)'s Retained Earnings of NT$0 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Retained Earnings depends on the Vehicles & Parts 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 Vietnam Manufacturing and Export Processing (Holdings) and its competitors. Vietnam Manufacturing and Export Processing (Holdings)'s current Retained Earnings is NT$0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Manufacturing and Export Processing (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$5.19, compared to a current price of NT$3.28 — trading 36.8% below its estimated fair value. The current Retained Earnings is NT$0 Mil. Vietnam Manufacturing and Export Processing (Holdings)'s overall GF Score™ is 53/100 with 3 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 Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110), the current Retained Earnings is NT$0 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 Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) Overvalued in 2026?
Based on GuruFocus' analysis, Vietnam Manufacturing and Export Processing (Holdings) stock appears to be undervalued.
The current stock price of NT$3.28 is trading 36.8% below its estimated GF Value™ of NT$5.19.
GuruFocus considers Vietnam Manufacturing and Export Processing (Holdings) to be Significantly Undervalued.
Key valuation signals for TPE:9110:
Retained Earnings: NT$0 Mil
GF Value™: NT$5.19 vs. price of NT$3.28 (36.8% below fair value)
No single metric tells the full story. See the TPE:9110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vietnam Manufacturing and Export Processing (Holdings) Ltd is engaged in manufacturing and sales of motorbikes, and related spare parts and engines. Its segments include Manufacturing and sale of motorbikes segment that includes motorbikes manufactured for the Vietnamese market and exports it to other countries including Malaysia, the Philippines, Thailand, Italy, Greece, United Arab Emirates and Singapore; and Manufacturing; and Sale of spare parts and engines segment manufactures engines for use in the group's motorbikes, while the group also exports engines to third parties. It manufactures parts for use in repair servicing and product assembly. Geographically, it operates in Vietnam, Malaysia, Philippines, United Arab Emirates, Greece, Thailand, Italy, Singapore, and Other Countries.
53GF Score
Get the complete analysis for TPE:9110
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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