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Harvest Miracle Capital Bhd (XKLS:0060) 3-Year RORE % : -94.59% (As of Dec. 2023)


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What is Harvest Miracle Capital Bhd 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. Harvest Miracle Capital Bhd's 3-Year RORE % for the quarter that ended in Dec. 2023 was -94.59%.

The industry rank for Harvest Miracle Capital Bhd's 3-Year RORE % or its related term are showing as below:

XKLS:0060's 3-Year RORE % is ranked worse than
91.79% of 2485 companies
in the Software industry
Industry Median: 1.74 vs XKLS:0060: -94.59

Harvest Miracle Capital Bhd 3-Year RORE % Historical Data

The historical data trend for Harvest Miracle Capital Bhd'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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Harvest Miracle Capital Bhd 3-Year RORE % Chart

Harvest Miracle Capital Bhd Annual Data
Trend Dec12 Dec13 Dec14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -61.29 112.93 26.54 -85.90 -82.05

Harvest Miracle Capital Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -73.53 -82.05 -42.59 -46.43 -94.59

Competitive Comparison of Harvest Miracle Capital Bhd's 3-Year RORE %

For the Information Technology Services subindustry, Harvest Miracle Capital Bhd'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.


Harvest Miracle Capital Bhd's 3-Year RORE % Distribution in the Software Industry

For the Software industry and Technology sector, Harvest Miracle Capital Bhd's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Harvest Miracle Capital Bhd's 3-Year RORE % falls into.



Harvest Miracle Capital Bhd 3-Year RORE % Calculation

Harvest Miracle Capital Bhd'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 )
=( -0.007--0.042 )/( -0.037-0 )
=0.035/-0.037
=-94.59 %

* 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.


Harvest Miracle Capital Bhd  (XKLS:0060) 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.


Harvest Miracle Capital Bhd 3-Year RORE % Related Terms

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Harvest Miracle Capital Bhd (XKLS:0060) Business Description

Traded in Other Exchanges
Address
No 685, Jalan Damansara, TTDI, 9-3A, Oval Tower, Damansara, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 60000
Harvest Miracle Capital Bhd is an investment holding company. It operates in seven segments that are IT and ICT, Property Construction, Investment Properties, Property development, Plantation, Money lending business, and Investment holding. It generates the vast majority of its revenue from the IT and ICT segment that is engaged in trading in IT and ICT-related products and software development and support services and others. Its product categories include the Vacuum valve and Rupture Disk. Geographically, it operates only in Malaysia.

Harvest Miracle Capital Bhd (XKLS:0060) Headlines

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