GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hong Kong Exchanges and Clearing Ltd (OTCPK:HKXCY) » Definitions » 3-Year RORE %

Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) 3-Year RORE % : -26.48% (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Hong Kong Exchanges and Clearing 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. Hong Kong Exchanges and Clearing's 3-Year RORE % for the quarter that ended in Dec. 2023 was -26.48%.

The industry rank for Hong Kong Exchanges and Clearing's 3-Year RORE % or its related term are showing as below:

HKXCY's 3-Year RORE % is ranked worse than
64.58% of 751 companies
in the Capital Markets industry
Industry Median: -3.74 vs HKXCY: -26.48

Hong Kong Exchanges and Clearing 3-Year RORE % Historical Data

The historical data trend for Hong Kong Exchanges and Clearing'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.

* Premium members only.

Hong Kong Exchanges and Clearing 3-Year RORE % Chart

Hong Kong Exchanges and Clearing Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.57 41.92 65.37 -34.75 -26.48

Hong Kong Exchanges and Clearing Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -50.95 -31.39 -19.50 -26.48 -

Competitive Comparison of Hong Kong Exchanges and Clearing's 3-Year RORE %

For the Financial Data & Stock Exchanges subindustry, Hong Kong Exchanges and Clearing'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.


Hong Kong Exchanges and Clearing's 3-Year RORE % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hong Kong Exchanges and Clearing's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Hong Kong Exchanges and Clearing's 3-Year RORE % falls into.



Hong Kong Exchanges and Clearing 3-Year RORE % Calculation

Hong Kong Exchanges and Clearing'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 )
=( 1.151-1.151 )/( 3.393-3.121 )
=0/0.272
=0.00 %

* 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.


Hong Kong Exchanges and Clearing  (OTCPK:HKXCY) 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.


Hong Kong Exchanges and Clearing 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Hong Kong Exchanges and Clearing's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) Business Description

Traded in Other Exchanges
Address
8 Connaught Place, 8th Floor, Two Exchange Square, Central, Hong Kong, HKG
Hong Kong Exchanges and Clearing is a vertically integrated securities exchange business offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. HKEx, like Hong Kong itself, functions as a gateway between China and the rest of the world. HKEx serves as a preferred listing venue for Chinese companies outside of China and, through the Connect Scheme, offers two-way trading for a growing group of financial products with the Shanghai Stock Exchange and the Shenzhen Stock Exchange.

Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) Headlines

From GuruFocus

HKEX Celebrates Launch of ETF Inclusion in Stock Connect

By PRNewswire PRNewswire 07-04-2022

HKEX Celebrates Launch of Swap Connect

By PRNewswire PRNewswire 05-15-2023

HKEX Welcomes Asia's First Crypto Asset ETFs

By PRNewswire PRNewswire 12-16-2022

HKEX Welcomes Launch of Swap Connect

By PRNewswire PRNewswire 05-05-2023

HKEX to Include ETFs in Stock Connect on 4 July

By PRNewswire PRNewswire 06-28-2022

HKEX Celebrates Launch of ETF Inclusion in Stock Connect

By PRNewswire PRNewswire 07-14-2022

HKEX to Include ETFs in Stock Connect on 4 July

By PRNewswire PRNewswire 07-08-2022