NNRF (NNRI) Retained Earnings : $-35.70 Mil (As of Sep. 2023)

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What is NNRF Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NNRF's retained earnings for the quarter that ended in Sep. 2023 was $-35.70 Mil.

NNRF's quarterly retained earnings stayed the same from . 20 ($0.00 Mil) to Sep. 2022 ($0.00 Mil) but then declined from Sep. 2022 ($0.00 Mil) to Sep. 2023 ($-35.70 Mil).

NNRF Retained Earnings Historical Data

The historical data trend for NNRF'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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NNRF Retained Earnings Chart

NNRF Annual Data

Trend

Retained Earnings

NNRF Quarterly Data
	Sep22	Sep23
Retained Earnings	-	-35.70

NNRF 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.

NNRF (OTCPK:NNRI) 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.

NNRF (NNRI) Business Description

Industry

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Address

2475 Hiko Avenue, Reno, NV, USA, 89512

Website

http://www.nucon-rf.com

NNRF Inc is a project development and asset management company focused on environmental, agricultural, and nutraceutical fields. It is positioning itself as an eco-friendly holding company. The company aims to become a diversified holding company, maximizing shareholders' value and enabling economic development with a specific focus on emerging green markets. It looks to build value by targeting companies that are positioned to grow as the world moves to invest in and develop green technologies, green energy, and healthier living and lifestyles.

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