Taiwan Shin Kong Security Co (TPE:9925) Retained Earnings: NT$3,817 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

TPE:9925 Taiwan Shin Kong Security Co Ltd TPE:9925
88 GF Score
Price NT$40.25
GF Value NT$43.69
Valuation Fairly Valued
! 6 Warning Signs
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What is Taiwan Shin Kong Security Co Retained Earnings?

Taiwan Shin Kong Security Co TPE:9925 -0.25% 88 Retained Earnings is NT$3,817 Mil as of Mar. 2026. GuruFocus rates TPE:9925 with a GF Score™ of 88/100 and a GF Value™ of NT$43.69 (Fairly Valued). The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Taiwan Shin Kong Security Co's retained earnings for the quarter that ended in Mar. 2026 was NT$3,817 Mil.

Taiwan Shin Kong Security Co's quarterly retained earnings increased from Sep. 2025 (NT$3,438 Mil) to Dec. 2025 (NT$3,573 Mil) and increased from Dec. 2025 (NT$3,573 Mil) to Mar. 2026 (NT$3,817 Mil).

Taiwan Shin Kong Security Co's annual retained earnings increased from Dec. 2023 (NT$3,536 Mil) to Dec. 2024 (NT$3,625 Mil) but then declined from Dec. 2024 (NT$3,625 Mil) to Dec. 2025 (NT$3,573 Mil).


Taiwan Shin Kong Security Co  (TPE:9925) 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.


Taiwan Shin Kong Security Co Retained Earnings Historical Data

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The historical data trend for Taiwan Shin Kong Security 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.

Taiwan Shin Kong Security Co Retained Earnings Chart

Taiwan Shin Kong Security 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 3,328.97 3,489.09 3,535.53 3,624.77 3,572.85

Taiwan Shin Kong Security 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 3,787.01 3,243.30 3,437.67 3,572.85 3,816.99
TPE:9925
88GF Score
Taiwan Shin Kong Security Co Ltd TPE:9925
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Shin Kong Security 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$3,817 Mil mean?
Taiwan Shin Kong Security Co (TPE:9925) has a Retained Earnings of NT$3,817 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Taiwan Shin Kong Security Co and its competitors.
Is Taiwan Shin Kong Security Co's Retained Earnings too high?
Taiwan Shin Kong Security Co's current Retained Earnings is NT$3,817 Mil. Overall, Taiwan Shin Kong Security Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Shin Kong Security Co's Retained Earnings compare to ALLE and MSA?
Taiwan Shin Kong Security Co's Retained Earnings of NT$3,817 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Retained Earnings depends on the Business Services 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 Shin Kong Security Co and its competitors. Taiwan Shin Kong Security Co's current Retained Earnings is NT$3,817 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Shin Kong Security Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Shin Kong Security Co (TPE:9925) is currently considered Fairly Valued. The stock's GF Value™ is NT$43.69, compared to a current price of NT$40.25 — trading 7.9% below its estimated fair value. The current Retained Earnings is NT$3,817 Mil. Taiwan Shin Kong Security Co's overall GF Score™ is 88/100 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 Shin Kong Security Co (TPE:9925), the current Retained Earnings is NT$3,817 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 Shin Kong Security Co (TPE:9925) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Shin Kong Security Co stock appears to be undervalued. The current stock price of NT$40.25 is trading 7.9% below its estimated GF Value™ of NT$43.69. GuruFocus considers Taiwan Shin Kong Security Co to be Fairly Valued.

Key valuation signals for TPE:9925:

  • Retained Earnings: NT$3,817 Mil
  • GF Value™: NT$43.69 vs. price of NT$40.25 (7.9% below fair value)
  • GF Score™: 88/100 with 6 warning signs

No single metric tells the full story. See the TPE:9925 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Shin Kong Security Co Business Description

Address No. 128, Xing\'ai Road, Neihu District, Taipei, TWN
Taiwan Shin Kong Security Co Ltd is a Taiwanese security systems provider. It is engaged in the design, sale, rental, installation, maintenance, repair, and inspection of fire prevention, burglary prevention, and fire protection apparatus, as well as the import and export of these products and the operation and investment of such businesses. The reportable segments of the company are the electronic services business, cash-in-transit business, stationed security business, and others. The majority of its revenue is generated from the electronic services segment which provides electronic security services.
88GF Score

Get the complete analysis for TPE:9925

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

NT$40.25
Price
NT$43.69
GF Value