Company Analysis

Nocera, Inc. (NCRA)

Nasdaq: NCRA · Agricultural Prod-Livestock & Animal Specialties · Atlanta, GA · filing with the SEC since 2018
Grade3.5
◀ Past 4.4● Present 2.5▶ Future 3.6
1 est.

The grade of Nocera, Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.5/10
◀ Past4.440% of the headline
● Present2.535% of the headline
▶ Future3.625% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.4/1040% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
1.7/10

Has it survived what it has been through?

24 warning events since 2018; the latest 2026-08-17.

weight 45% of this tense · 17th percentile among 3 sector filers · read for itself

From the record

Nocera, Inc.'s filings since 2018 show 24 warning events of 5 kinds: a debt default or acceleration notice (8-K item 2.04, the latest 2026-07-31); a notice about its exchange listing (8-K item 3.01, 7 times, the latest 2026-08-13); a warning not to rely on past financial statements (8-K item 4.02, 4 times, the latest 2026-08-17); an auditor change (8-K item 4.01, 4 times, the latest 2026-02-03); a late-report notice (Form NT 10-K or NT 10-Q, 8 times, the latest 2026-03-30) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.6/10

What has it actually done, year after year?

4 filed years; profitable in 1 of 9.

weight 33% of this tense · 56th percentile among 3 sector filers · read for its customers

From the record

Nocera, Inc.'s 4 filed years say what it did: it rose in 1 of 2 years; the deepest fall was 9% from fiscal 2024 to fiscal 2025; net income was positive in 1 of 9 of those years (its annual reports).

What it rests on

  • the share of years revenue rosetop 33% of its family
  • the share of filed years with a profitbottom 17% of its family
  • the deepest fall from a revenue peak9.0%top 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
8.3/10

How has it treated the people who own it?

SI estimate 8.3/10, confidence 35 of 100 (one part).

weight 22% of this tense · 83rd percentile among 3 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 17% of 3 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 3 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Nocera, Inc.'s shareholder treatment is put at 8.3 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 17% of 3 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

2.5/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
2.8/10

Is it financially healthy right now?

Leverage 104%: owes 104¢ per asset dollar.

weight 45% of this tense · 28th percentile among 3 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Nocera, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 2 cents per dollar of everything the company owns. Leverage: it owed about 104 cents per dollar of assets, and net share issuance: its share count grew 2.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 17% of its family
  • gross profit against assetstop 50% of its family
  • the share count against the year beforebottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
2.1/10

How strong is its position in its industry?

bottom 21% of 3 in its family; net margin -26.1%.

weight 33% of this tense · 21st percentile among 3 sector filers · read for its customers

From the record

Nocera, Inc.'s standing among 3 graded names in its industry family: revenue of $11 million in fiscal 2025 ranks in the bottom 25% by size; a net margin of -26.1% ranks in the bottom 17% (its annual reports).

What it rests on

  • revenue against the family$11.0Mbottom 25% of its family
  • net margin-26.1%bottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
2.5/10

What are the people in charge doing?

bottom 25% of 2 in its family for leadership; chief executive since 2023.

weight 22% of this tense · 25th percentile among 2 sector filers · read for its shareholders

From the record

Nocera, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Jin, Andy Ching-An (Chief Executive Officer, as filed), filing under that title since 2023-08-14, 3.2 years (bottom 25% of its family); the 7 officers and directors filing in the last fifteen months have been on the record a median of 7 months (bottom 25%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 7 people in charge now (bottom 25%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge6 in three years among 7 peoplebottom 25% of its family
  • the median years the people in charge have filed7 monthsbottom 25% of its family
  • the chief executive's years on the record3.2 yearsbottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.6/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.9/10

How much room does it have to grow?

bottom 39% of 3 in its family for room to expand.

weight 22% of this tense · 39th percentile among 3 sector filers · read for itself

From the record

Nocera, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $8 million against no long-term debt tagged leaves 78.6% of its assets as net cash, top 17% of its family; cash from operations less capital spending is -23.4% of revenue (bottom 17%); a gross margin of 1.5% (bottom 17%) (its annual report).

What it rests on

  • cash less debt against assets78.6%top 17% of its family
  • cash from operations less capital spending against revenue-23.4%bottom 17% of its family
  • gross margin1.5%bottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.0/10

What could actually drive growth from here?

top 50% of 3 in its family for growth drivers.

weight 33% of this tense · 50th percentile among 3 sector filers · read for its customers

From the record

Nocera, Inc.'s growth drivers, from the filed years to fiscal 2025: the newest year grew -9% (top 50%); capital spending grew -66.3% a year (top 50%) (its annual reports). Nocera, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • the newest year's revenue growth-9.0%top 50% of its family
  • three-year growth of capital spending-66.3%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
2.5/10

Did its newest year beat what its own record pointed to?

bottom 25% of 2 in its family for expectations against reality.

weight 45% of this tense · 25th percentile among 2 sector filers · read for its shareholders

From the record

Nocera, Inc.'s newest year against its own record: net income of $3 million against a prior three-year average of $900 thousand (bottom 25%); a net margin of -26.1% against 0.1% before (bottom 25%) (its annual reports).

What it rests on

  • net income against the prior three years' average-220%bottom 25% of its family
  • net margin against its prior average-26.2 pointsbottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton NCRA · research, not advice