Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Naas Technology's retained earnings for the quarter that ended in Dec. 2025 was $-1,233.90 Mil.
Naas Technology's quarterly retained earnings
declined
from Dec. 2024 ($-1,133.36 Mil) to Jun. 2025 ($-1,139.99 Mil) and
declined
from Jun. 2025 ($-1,139.99 Mil) to Dec. 2025 ($-1,233.90 Mil).
Naas Technology's annual retained earnings
declined
from Dec. 2023 ($-1,027.73 Mil) to Dec. 2024 ($-1,133.36 Mil) and
declined
from Dec. 2024 ($-1,133.36 Mil) to Dec. 2025 ($-1,233.90 Mil).
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.
Naas Technology Retained Earnings Historical Data
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The historical data trend for Naas Technology'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.
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.
What does a Retained Earnings of $-1,233.90 Mil mean?
Naas Technology (NAAS) has a Retained Earnings of $-1,233.90 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Naas Technology and its competitors.
Is Naas Technology's Retained Earnings too high?
Naas Technology's current Retained Earnings is $-1,233.90 Mil. Overall, Naas Technology has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Naas Technology's Retained Earnings compare to PTLE and SPWH?
Naas Technology's Retained Earnings of $-1,233.90 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Retained Earnings depends on the Retail - Cyclical 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 Naas Technology and its competitors. Naas Technology's current Retained Earnings is $-1,233.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naas Technology stock overvalued right now?
Based on GuruFocus' analysis, Naas Technology (NAAS) is currently considered Possible Value Trap. The stock's GF Value™ is $7.40, compared to a current price of $3.50 — trading 52.7% below its estimated fair value. The current Retained Earnings is $-1,233.90 Mil. Naas Technology's overall GF Score™ is 35/100 with 7 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 Naas Technology (NAAS), the current Retained Earnings is $-1,233.90 Mil as of Dec. 2025. 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 Naas Technology (NAAS) Overvalued in 2026?
Based on GuruFocus' analysis, Naas Technology stock appears to be undervalued.
The current stock price of $3.50 is trading 52.7% below its estimated GF Value™ of $7.40.
GuruFocus considers Naas Technology to be Possible Value Trap.
Key valuation signals for NAAS:
Retained Earnings: $-1,233.90 Mil
GF Value™: $7.40 vs. price of $3.50 (52.7% below fair value)
No single metric tells the full story. See the NAAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Naas Technology Inc is an electric vehicle charging service provider in China, whose vision is to power the world with carbon-neutral energy. It offers an integrated set of online solutions to charging station operators, a wide range of offline services that simplify the daily operations of charging station operators, and non-charging services such as food and beverage services to station operators.
35GF Score
Get the complete analysis for NAAS
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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