NCRA (Nocera) Retained Earnings : $-20.18 Mil (As of Sep. 2024)

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What is Nocera Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nocera's retained earnings for the quarter that ended in Sep. 2024 was $-20.18 Mil.

Nocera's quarterly retained earnings declined from Mar. 2024 ($-19.54 Mil) to Jun. 2024 ($-19.89 Mil) and declined from Jun. 2024 ($-19.89 Mil) to Sep. 2024 ($-20.18 Mil).

Nocera's annual retained earnings declined from Dec. 2021 ($-9.92 Mil) to Dec. 2022 ($-14.75 Mil) and declined from Dec. 2022 ($-14.75 Mil) to Dec. 2023 ($-19.05 Mil).

Nocera Retained Earnings Historical Data

The historical data trend for Nocera'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.

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Nocera Retained Earnings Chart

Nocera Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-0.29

-9.92

-14.75

-19.05

Nocera Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial													-16.31	-19.05	-19.54	-19.89	-20.18

Nocera 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.

Nocera (NAS:NCRA) 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.

Nocera Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nocera Inc (NAS:NCRA) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 185, Sec. 1, Datong Road, 3rd Floor Building B, Xizhi District, New Taipei City, TWN, 221

Website

https://www.nocera.company

Nocera Inc is engaged in the manufacturing of aquaculture equipment, construction of aquaculture facilities, managing and operating aquaculture facilities, and consulting for third-party operators of aquaculture facilities. Its primary business operations consist of the design, development, and production of RASs large-scale fish tank systems, for fish farms along with expert consulting, technology transfer, and aquaculture project management services to new and existing aquaculture management business services.

Executives

Andy Ching-an Jin	director, officer: Chief Executive Officer	3F (BUILDING B), NO. 185, SEC. 1, DATONG RD., XIZHI DIST., NEW TAIPEI CITY F5 221
Yin-chieh Cheng	director, officer: CFO and Chairman	15F #464 JIAYUAN RD., SEC. 3 SHULIN DIST., NEW TAIPEI CITY F5 23854
Kuan-yin Cheng	officer: President and CEO	12772 BRADWELL ROAD, HERNDON VA 20101
Bi Zhang	10 percent owner	BUILDING #5 FENG DU BAN PANG QU SHAN AN, ZHI,, XINGYI CITY, GUIZHOU QIANXINAN F4 562400
Erik S Nelson	director, officer: Corporate Secretary	2030 POWERS FERRY RD SE, SUITE 212, ATLANTA GA 30339