Great Taipei Gas (TPE:9908) Retained Earnings: NT$2,891 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TPE:9908 Great Taipei Gas Corp TPE:9908
86 GF Score
Price NT$29.35
GF Value NT$31.36
Valuation Fairly Valued
! 4 Warning Signs
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What is Great Taipei Gas Retained Earnings?

Great Taipei Gas TPE:9908 -0.17% 86 Retained Earnings is NT$2,891 Mil as of Mar. 2026. GuruFocus rates TPE:9908 with a GF Score™ of 86/100 and a GF Value™ of NT$31.36 (Fairly Valued). The stock has 4 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Great Taipei Gas's retained earnings for the quarter that ended in Mar. 2026 was NT$2,891 Mil.

Great Taipei Gas's quarterly retained earnings increased from Sep. 2025 (NT$2,655 Mil) to Dec. 2025 (NT$2,722 Mil) and increased from Dec. 2025 (NT$2,722 Mil) to Mar. 2026 (NT$2,891 Mil).

Great Taipei Gas's annual retained earnings increased from Dec. 2023 (NT$2,487 Mil) to Dec. 2024 (NT$2,596 Mil) and increased from Dec. 2024 (NT$2,596 Mil) to Dec. 2025 (NT$2,722 Mil).


Great Taipei Gas  (TPE:9908) 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.


Great Taipei Gas Retained Earnings Historical Data

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The historical data trend for Great Taipei Gas'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.

Great Taipei Gas Retained Earnings Chart

Great Taipei Gas 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 1,735.62 1,898.55 2,486.88 2,595.72 2,722.16

Great Taipei Gas 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 2,738.51 2,245.10 2,655.39 2,722.16 2,890.96
TPE:9908
86GF Score
Great Taipei Gas Corp TPE:9908
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Great Taipei Gas 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$2,891 Mil mean?
Great Taipei Gas (TPE:9908) has a Retained Earnings of NT$2,891 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Great Taipei Gas and its competitors.
Is Great Taipei Gas' Retained Earnings too high?
Great Taipei Gas' current Retained Earnings is NT$2,891 Mil. Overall, Great Taipei Gas has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Great Taipei Gas' Retained Earnings compare to ATO and NI?
Great Taipei Gas' Retained Earnings of NT$2,891 Mil can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Retained Earnings depends on the Utilities - Regulated 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 Great Taipei Gas and its competitors. Great Taipei Gas's current Retained Earnings is NT$2,891 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Taipei Gas stock overvalued right now?
Based on GuruFocus' analysis, Great Taipei Gas (TPE:9908) is currently considered Fairly Valued. The stock's GF Value™ is NT$31.36, compared to a current price of NT$29.35 — trading 6.4% below its estimated fair value. The current Retained Earnings is NT$2,891 Mil. Great Taipei Gas' overall GF Score™ is 86/100 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 Great Taipei Gas (TPE:9908), the current Retained Earnings is NT$2,891 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 Great Taipei Gas (TPE:9908) Overvalued in 2026?

Based on GuruFocus' analysis, Great Taipei Gas stock appears to be undervalued. The current stock price of NT$29.35 is trading 6.4% below its estimated GF Value™ of NT$31.36. GuruFocus considers Great Taipei Gas to be Fairly Valued.

Key valuation signals for TPE:9908:

  • Retained Earnings: NT$2,891 Mil
  • GF Value™: NT$31.36 vs. price of NT$29.35 (6.4% below fair value)
  • GF Score™: 86/100 with 4 warning signs

No single metric tells the full story. See the TPE:9908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Great Taipei Gas Business Description

Address No. 35, Lane 11, Guangfu North Raod, 5th Floor, Songshan District, Taipei, TWN, 105
Great Taipei Gas Corp is engaged in the supply of gas, the manufacture and supply of gas equipment and related equipment, the marketing of gas equipment, the sale of meters and gauges (gas meters), the Type I telecommunications business, and the office building rental business. Its operating segments are: Gas sales department, which generates maximum revenue; Equipment department; Investment department; Telecom department; and Others.
86GF Score

Get the complete analysis for TPE:9908

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

NT$29.35
Price
NT$31.36
GF Value