Upper Tamakoshi Hydropower (XNEP:UPPER) Retained Earnings: NPR-12,167 Mil (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XNEP:UPPER Upper Tamakoshi Hydropower Ltd XNEP:UPPER
57 GF Score
Price NPR184.00
GF Value NPR237.76
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Upper Tamakoshi Hydropower Retained Earnings?

Upper Tamakoshi Hydropower XNEP:UPPER 57 Retained Earnings is NPR-12,167 Mil as of Apr. 2026. GuruFocus rates XNEP:UPPER with a GF Score™ of 57/100 and a GF Value™ of NPR237.76 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Upper Tamakoshi Hydropower's retained earnings for the quarter that ended in Apr. 2026 was NPR-12,167 Mil.

Upper Tamakoshi Hydropower's quarterly retained earnings declined from Oct. 2025 (NPR-10,779 Mil) to Jan. 2026 (NPR-11,457 Mil) and declined from Jan. 2026 (NPR-11,457 Mil) to Apr. 2026 (NPR-12,167 Mil).

Upper Tamakoshi Hydropower's annual retained earnings declined from Jul. 2023 (NPR-7,358 Mil) to Jul. 2024 (NPR-9,881 Mil) and declined from Jul. 2024 (NPR-9,881 Mil) to Jul. 2025 (NPR-12,454 Mil).


Upper Tamakoshi Hydropower  (XNEP:UPPER) 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.


Upper Tamakoshi Hydropower Retained Earnings Historical Data

* Premium members only.

The historical data trend for Upper Tamakoshi Hydropower'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.

Upper Tamakoshi Hydropower Retained Earnings Chart

Upper Tamakoshi Hydropower Annual Data
Trend Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Retained Earnings
Get a 7-Day Free Trial -844.09 -3,159.11 -7,357.89 -9,881.16 -12,453.70

Upper Tamakoshi Hydropower Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -12,184.66 -12,453.70 -10,779.01 -11,457.16 -12,166.95
XNEP:UPPER
57GF Score
Upper Tamakoshi Hydropower Ltd XNEP:UPPER
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Upper Tamakoshi Hydropower 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 NPR-12,167 Mil mean?
Upper Tamakoshi Hydropower (XNEP:UPPER) has a Retained Earnings of NPR-12,167 Mil as of Apr. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Upper Tamakoshi Hydropower and its competitors.
Is Upper Tamakoshi Hydropower's Retained Earnings too high?
Upper Tamakoshi Hydropower's current Retained Earnings is NPR-12,167 Mil. Overall, Upper Tamakoshi Hydropower has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Upper Tamakoshi Hydropower's Retained Earnings compare to competitors?
Upper Tamakoshi Hydropower's Retained Earnings of NPR-12,167 Mil can be compared against companies in the Utilities - Independent Power Producers 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 - Independent Power Producers company?
A good Retained Earnings depends on the Utilities - Independent Power Producers 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 Upper Tamakoshi Hydropower and its competitors. Upper Tamakoshi Hydropower's current Retained Earnings is NPR-12,167 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Upper Tamakoshi Hydropower stock overvalued right now?
Based on GuruFocus' analysis, Upper Tamakoshi Hydropower (XNEP:UPPER) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR237.76, compared to a current price of NPR184.00 — trading 22.6% below its estimated fair value. The current Retained Earnings is NPR-12,167 Mil. Upper Tamakoshi Hydropower's overall GF Score™ is 57/100 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 Upper Tamakoshi Hydropower (XNEP:UPPER), the current Retained Earnings is NPR-12,167 Mil as of Apr. 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 Upper Tamakoshi Hydropower (XNEP:UPPER) Overvalued in 2026?

Based on GuruFocus' analysis, Upper Tamakoshi Hydropower stock appears to be undervalued. The current stock price of NPR184.00 is trading 22.6% below its estimated GF Value™ of NPR237.76. GuruFocus considers Upper Tamakoshi Hydropower to be Modestly Undervalued.

Key valuation signals for XNEP:UPPER:

  • Retained Earnings: NPR-12,167 Mil
  • GF Value™: NPR237.76 vs. price of NPR184.00 (22.6% below fair value)
  • GF Score™: 57/100 with 4 warning signs

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


Upper Tamakoshi Hydropower Business Description

Address Annapurna Marg, Gyaneswor, Kathmandu, NPL
Upper Tamakoshi Hydropower Ltd operates in the utilities sector in Nepal. Its main line of business involves the development of hydropower projects, including detailed feasibility, construction, and operation. The company has developed and is developing the following hydropower projects in the Tamakoshi River basin as follows: the Upper Tamakoshi Hydroelectric Project (UTKHEP), a 456 MW plant already under operation; the Rolwaling Khola Hydroelectric Project; and the diversion of the Rolwaling River to the UTKHEP intake pond. It is engaged in only one business activity: the generation and sale of electricity.
57GF Score

Get the complete analysis for XNEP:UPPER

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

NPR184.00
Price
NPR237.76
GF Value