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CBAK Energy Technology (LTS:0A98) 5-Year RORE % : 97.06% (As of Mar. 2024)


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What is CBAK Energy Technology 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. CBAK Energy Technology's 5-Year RORE % for the quarter that ended in Mar. 2024 was 97.06%.

The industry rank for CBAK Energy Technology's 5-Year RORE % or its related term are showing as below:

LTS:0A98's 5-Year RORE % is ranked better than
93.71% of 2482 companies
in the Industrial Products industry
Industry Median: 11.19 vs LTS:0A98: 97.06

CBAK Energy Technology 5-Year RORE % Historical Data

The historical data trend for CBAK Energy Technology'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.

* Premium members only.

CBAK Energy Technology 5-Year RORE % Chart

CBAK Energy Technology Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 -26.73 -227.08 -31.00 200.00

CBAK Energy Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only -33.89 -57.14 500.00 200.00 97.06

Competitive Comparison of CBAK Energy Technology's 5-Year RORE %

For the Electrical Equipment & Parts subindustry, CBAK Energy Technology'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.


CBAK Energy Technology's 5-Year RORE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CBAK Energy Technology's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where CBAK Energy Technology's 5-Year RORE % falls into.



CBAK Energy Technology 5-Year RORE % Calculation

CBAK Energy Technology's 5-Year RORE % for the quarter that ended in Mar. 2024 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 )
=( 0.09--0.24 )/( 0.34-0 )
=0.33/0.34
=97.06 %

* 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 Mar. 2024 and 5-year before.


CBAK Energy Technology  (LTS:0A98) 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.


CBAK Energy Technology 5-Year RORE % Related Terms

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CBAK Energy Technology (LTS:0A98) Business Description

Traded in Other Exchanges
Address
CBAK Industrial Park, Meigui Street, Huayuankou Economic Zone, Liaoning Province, Dalian, CHN, 116450
CBAK Energy Technology Inc is engaged in the manufacture, commercialization, and distribution of a variety of standard and customized lithium-ion high-power rechargeable batteries which are mainly used in electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply, and other high power applications. The company manufactures five types of Li-ion rechargeable batteries namely aluminum-case cells, battery packs, cylindrical cells, lithium polymer cells, and high-power lithium battery cells. Geographically, it generates a majority of its revenue from Mainland China and also has an operation in Europe, the United States, Korea, and Other Countries.

CBAK Energy Technology (LTS:0A98) Headlines

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