EVOH (EvoAir Holdings) Retained Earnings: $-56.96 Mil (As of May. 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.

EVOH EvoAir Holdings Inc EVOH
40 GF Score
Price $23.00
GF Value $0.11
! 5 Warning Signs
View Full Analysis

What is EvoAir Holdings Retained Earnings?

EvoAir Holdings EVOH 40 Retained Earnings is $-56.96 Mil as of May. 2026. GuruFocus rates EVOH with a GF Score™ of 40/100 and a GF Value™ of $0.11. The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. EvoAir Holdings's retained earnings for the quarter that ended in May. 2026 was $-56.96 Mil.

EvoAir Holdings's quarterly retained earnings declined from Nov. 2025 ($-55.01 Mil) to Feb. 2026 ($-55.95 Mil) and declined from Feb. 2026 ($-55.95 Mil) to May. 2026 ($-56.96 Mil).

EvoAir Holdings's annual retained earnings declined from Aug. 2023 ($-13.52 Mil) to Aug. 2024 ($-39.40 Mil) and declined from Aug. 2024 ($-39.40 Mil) to Aug. 2025 ($-54.03 Mil).


EvoAir Holdings  (OTCPK:EVOH) 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.


EvoAir Holdings Retained Earnings Historical Data

* Premium members only.

The historical data trend for EvoAir Holdings'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.

EvoAir Holdings Retained Earnings Chart

EvoAir Holdings Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Retained Earnings
Get a 7-Day Free Trial -2.23 -7.47 -13.52 -39.40 -54.03

EvoAir Holdings Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -46.28 -54.03 -55.01 -55.95 -56.96
EVOH
40GF Score
EvoAir Holdings Inc EVOH
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EvoAir 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-56.96 Mil mean?
EvoAir Holdings (EVOH) has a Retained Earnings of $-56.96 Mil as of May. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on EvoAir Holdings and its competitors.
Is EvoAir Holdings' Retained Earnings too high?
EvoAir Holdings' current Retained Earnings is $-56.96 Mil. Overall, EvoAir Holdings has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does EvoAir Holdings' Retained Earnings compare to SNRH and FINM?
EvoAir Holdings' Retained Earnings of $-56.96 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 EvoAir Holdings and its competitors. EvoAir Holdings's current Retained Earnings is $-56.96 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EvoAir Holdings stock overvalued right now?
EvoAir Holdings (EVOH) has a current Retained Earnings of $-56.96 Mil. The stock's GF Value™ is $0.11, compared to a current price of $23.00 — trading 20809.1% above its estimated fair value. The current Retained Earnings is $-56.96 Mil. EvoAir Holdings' overall GF Score™ is 40/100 with 5 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 EvoAir Holdings (EVOH), the current Retained Earnings is $-56.96 Mil as of May. 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 EvoAir Holdings (EVOH) Overvalued in 2026?

Based on GuruFocus' analysis, EvoAir Holdings stock appears to be overvalued. The current stock price of $23.00 is trading 20809.1% above its estimated GF Value™ of $0.11.

Key valuation signals for EVOH:

  • Retained Earnings: $-56.96 Mil
  • GF Value™: $0.11 vs. price of $23.00 (20809.1% above fair value)
  • GF Score™: 40/100 with 5 warning signs

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


EvoAir Holdings Business Description

Address Jalan 5/32A, Off Jalan Kepong, 31-A2, 6 1/2 Miles, Kuala Lumpur, SGR, MYS, 52000
EvoAir Holdings Inc is engaged in the research and development, manufacturing, sale, and marketing of heating, ventilation, and air conditioning (HVAC) products. The company offers a line of HVAC and related products focusing on providing eco-friendly air conditioning and air purifying solutions through its heat emission control (HECS) technology. Its product portfolio includes e-Cond EVO, an eco-friendly air-conditioning system, E-Cond a line of air purifier products, EvoAir, and QCOV, among other air conditioning and air sanitizing products.
40GF Score

Get the complete analysis for EVOH

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

$23.00
Price
$0.11
GF Value