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Evergrande Property Services Group (HKSE:06666) 3-Year RORE % : 74.05% (As of Dec. 2023)


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What is Evergrande Property Services Group 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Evergrande Property Services Group's 3-Year RORE % for the quarter that ended in Dec. 2023 was 74.05%.

The industry rank for Evergrande Property Services Group's 3-Year RORE % or its related term are showing as below:

HKSE:06666's 3-Year RORE % is ranked better than
83.47% of 1724 companies
in the Real Estate industry
Industry Median: -0.235 vs HKSE:06666: 74.05

Evergrande Property Services Group 3-Year RORE % Historical Data

The historical data trend for Evergrande Property Services Group's 3-Year RORE % 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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Evergrande Property Services Group 3-Year RORE % Chart

Evergrande Property Services Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial - - -40.65 -34.02 74.05

Evergrande Property Services Group Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -40.65 -104.25 -34.02 -61.60 74.05

Competitive Comparison of Evergrande Property Services Group's 3-Year RORE %

For the Real Estate Services subindustry, Evergrande Property Services Group's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Evergrande Property Services Group's 3-Year RORE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Evergrande Property Services Group's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Evergrande Property Services Group's 3-Year RORE % falls into.



Evergrande Property Services Group 3-Year RORE % Calculation

Evergrande Property Services Group's 3-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 0.154--0.04 )/( 0.262-0 )
=0.194/0.262
=74.05 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 3-year before.


Evergrande Property Services Group  (HKSE:06666) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Evergrande Property Services Group 3-Year RORE % Related Terms

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Evergrande Property Services Group (HKSE:06666) Business Description

Traded in Other Exchanges
Address
No. 78, Huangpu Avenue West, Third Compartment of Room 3101, Tianhe District, Guangdong, Guangzhou, CHN, 510660
Evergrande Property Services Group Ltd is a property management service providers in China. It manages a diverse portfolio of properties, including mid- to high-end residential properties, office buildings and commercial properties. Further, it also manages other types of properties such as theme parks, industrial parks, healthcare complexes, themed towns and schools, among others.
Executives
China Evergrande Group 2201 Interest of corporation controlled by you
Ding Yu Mei 2202 Interest of your spouse
Hui Ka Yan 2201 Interest of corporation controlled by you
Xin Xin (bvi) Limited 2201 Interest of corporation controlled by you
Anji (bvi) Limited 2201 Interest of corporation controlled by you
Ceg Holdings (bvi) Limited 2101 Beneficial owner
Shengjian (bvi) Limited 2201 Interest of corporation controlled by you

Evergrande Property Services Group (HKSE:06666) Headlines

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