Nocera, Inc., alongside its subsidiary companies, specializes in the engineering and production of terrestrial recirculating aquaculture systems (RAS) for fish cultivation across ...
Nocera, Inc. (NASDAQ: NCRA) is a Taiwan-based aquaculture technology and services company focused on land-based recirculating aquaculture systems (RAS). In practice, the business model centers on designing and building the physical and process infrastructure needed to cultivate fish in controlled environments while recirculating water to improve resource efficiency compared with ...Nocera, Inc. (NASDAQ: NCRA) is a Taiwan-based aquaculture technology and services company focused on land-based recirculating aquaculture systems (RAS). In practice, the business model centers on designing and building the physical and process infrastructure needed to cultivate fish in controlled environments while recirculating water to improve resource efficiency compared with conventional flow-through approaches.
Core offerings include (1) engineering and production of terrestrial RAS systems, (2) establishment, oversight, and ongoing operation of aquafarming facilities, and (3) advisory and delivery services such as technology knowledge transfer and comprehensive project management for aquaculture operators (including both emerging and established companies). These offerings typically require a mix of mechanical/electrical integration, aquaculture process engineering (water quality, filtration, aeration, and system controls), and on-site or lifecycle operations support.
From a cost/BOM perspective, RAS deployments commonly depend on system “building blocks” such as filtration and biofiltration components, pumps, aeration equipment, sensors/controls, water treatment modules, and supporting infrastructure (tanks, piping, and automation). Nocera’s positioning implies it participates across the lifecycle—design through commissioning and potentially operational management—so project economics may be influenced by equipment lead times, integration complexity, and operational staffing/training requirements. Revenue can be structured as project-based system delivery and/or recurring revenue from facility oversight and ongoing operations.
Financially, the provided snapshot indicates recent profitability pressure, with negative margins and negative return metrics (e.g., net profit margin and operating-related ratios reported as negative in the TTM snapshot). Liquidity indicators appear relatively strong in the snapshot (e.g., a high current ratio), but several profitability and cash-flow-related measures suggest the company may be in an investment or ramp-up phase typical of capital-intensive infrastructure businesses and transformation efforts.
Leadership listed in the provided materials includes CEO Ching-An Jin. The company’s communications and news snippets also reference a broader strategic transformation narrative (sometimes described as expanding beyond core aquaculture into technology and digital/AI-related areas). While those transformation details are not fully specified in the provided dataset, the near-term identity of the firm remains grounded in RAS engineering and aquaculture facility services.
Overall, Nocera operates at the intersection of engineered systems and managed aquaculture operations: delivering complete or component-based RAS solutions, supporting customers through implementation and operation, and leveraging technical know-how to help clients scale production in a controlled, resource-efficient environment. (Headquarters: New Taipei City, Taiwan; website: https://www.nocera.company; industry classification shown as Packaged Foods in the provided data.)
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$11.0M
-35.2%
-6.1%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-2.8M
-20.5%
-21.0%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+1.5%
-25.6%
-54.4%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-22.3%
-66.8%
-141.8%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-25.7%
-85.8%
-28.8%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-2.6M
-64.1%
+1.2%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-23.4%
-153.1%
-5.2%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
330.6%
+45326.8%
-100.0%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
12.06x
+502.1%
+17.7%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
