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Target Insurance (Holdings) (HKSE:06161) 5-Year RORE % : -8.05% (As of Jun. 2023)


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What is Target Insurance (Holdings) 5-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. Target Insurance (Holdings)'s 5-Year RORE % for the quarter that ended in Jun. 2023 was -8.05%.

The industry rank for Target Insurance (Holdings)'s 5-Year RORE % or its related term are showing as below:

HKSE:06161's 5-Year RORE % is not ranked
in the Insurance industry.
Industry Median: 11.38 vs HKSE:06161: -8.05

Target Insurance (Holdings) 5-Year RORE % Historical Data

The historical data trend for Target Insurance (Holdings)'s 5-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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Target Insurance (Holdings) 5-Year RORE % Chart

Target Insurance (Holdings) Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 90.06 -24.25 64.98 -

Target Insurance (Holdings) Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
5-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 -24.25 -45.71 64.98 78.86 -8.05

Competitive Comparison of Target Insurance (Holdings)'s 5-Year RORE %

For the Insurance - Property & Casualty subindustry, Target Insurance (Holdings)'s 5-Year RORE %, along with its competitors' market caps and 5-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.


Target Insurance (Holdings)'s 5-Year RORE % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Target Insurance (Holdings)'s 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Target Insurance (Holdings)'s 5-Year RORE % falls into.



Target Insurance (Holdings) 5-Year RORE % Calculation

Target Insurance (Holdings)'s 5-Year RORE % for the quarter that ended in Jun. 2023 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( -0.03--0.238 )/( -2.585-0 )
=0.208/-2.585
=-8.05 %

* 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 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Jun. 2023 and 5-year before.


Target Insurance (Holdings)  (HKSE:06161) 5-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, 5-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.


Target Insurance (Holdings) 5-Year RORE % Related Terms

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Target Insurance (Holdings) (HKSE:06161) Business Description

Traded in Other Exchanges
N/A
Address
181 Queen’s Road Central, Grand Millennium Plaza, 5th Floor, Low Block, Hong Kong, HKG
Target Insurance (Holdings) Ltd is an investment company based in Hong Kong. It is principally engaged in writing motor insurance. The company offers insurance for the taxi, public light bus, and other motor vehicles. Its operating segments are Taxi, Public Light Bus, Other motor vehicles. The company earns revenue in the form of insurance premiums, dividend income, interest income, and others. It generates all of its revenue from Hong Kong.
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