NTCL (Netclass Technology) Retained Earnings: $-12.53 Mil (As of Sep. 2025)

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NTCL Netclass Technology Inc NTCL
14 GF Score
Price $3.79
! 8 Warning Signs
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What is Netclass Technology Retained Earnings?

Netclass Technology NTCL -15.21% 14 Retained Earnings is $-12.53 Mil as of Sep. 2025. GuruFocus rates NTCL with a GF Score™ of 14/100. The stock has 8 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Netclass Technology's retained earnings for the quarter that ended in Sep. 2025 was $-12.53 Mil.

Netclass Technology's quarterly retained earnings declined from Sep. 2024 ($-1.70 Mil) to Mar. 2025 ($-6.59 Mil) and declined from Mar. 2025 ($-6.59 Mil) to Sep. 2025 ($-12.53 Mil).

Netclass Technology's annual retained earnings declined from Sep. 2023 ($-0.17 Mil) to Sep. 2024 ($-1.70 Mil) and declined from Sep. 2024 ($-1.70 Mil) to Sep. 2025 ($-12.53 Mil).

Netclass Technology  (NAS:NTCL) 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.

Netclass Technology Retained Earnings Historical Data

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The historical data trend for Netclass 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.

Netclass Technology Retained Earnings Chart

Netclass Technology Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Retained Earnings
-0.45 -0.33 -0.17 -1.70 -12.53

Netclass Technology Semi-Annual Data
Sep21 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Retained Earnings Get a 7-Day Free Trial -0.17 -2.29 -1.70 -6.59 -12.53
NTCL
14GF Score
Netclass Technology Inc NTCL
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Netclass Technology 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 $-12.53 Mil mean?
Netclass Technology (NTCL) has a Retained Earnings of $-12.53 Mil as of Sep. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Netclass Technology and its competitors.
Is Netclass Technology's Retained Earnings too high?
Netclass Technology's current Retained Earnings is $-12.53 Mil. Overall, Netclass Technology has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Netclass Technology's Retained Earnings compare to TWOH and IDAI?
Netclass Technology's Retained Earnings of $-12.53 Mil can be compared against companies in the Software 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 Software company?
A good Retained Earnings depends on the Software 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 Netclass Technology and its competitors. Netclass Technology's current Retained Earnings is $-12.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netclass Technology stock overvalued right now?
Netclass Technology (NTCL) has a current Retained Earnings of $-12.53 Mil. The current Retained Earnings is $-12.53 Mil. Netclass Technology's overall GF Score™ is 14/100 with 8 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 Netclass Technology (NTCL), the current Retained Earnings is $-12.53 Mil as of Sep. 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.

Netclass Technology Business Description

Address 11 Keppel Road, Unit 11-03, ABI Plaza, Singapore, SGP, 089057
Netclass Technology Inc is a business-to-business smart education specialist, providing IT solutions to schools, training institutions, corporations, public agencies and other institutions or corporate customers. It offers SaaS subscription service and application development. The solution's modules include teaching management, campus management, online teaching, online examination, epidemic prevention and control, education credit blockchain system, and lecturer evaluation services.
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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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