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Core Economy Investment Group (HKSE:00339) 10-Year RORE % : 5.37% (As of Dec. 2023)


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What is Core Economy Investment Group 10-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. Core Economy Investment Group's 10-Year RORE % for the quarter that ended in Dec. 2023 was 5.37%.

The industry rank for Core Economy Investment Group's 10-Year RORE % or its related term are showing as below:

HKSE:00339's 10-Year RORE % is ranked better than
51.33% of 830 companies
in the Asset Management industry
Industry Median: 4.335 vs HKSE:00339: 5.37

Core Economy Investment Group 10-Year RORE % Historical Data

The historical data trend for Core Economy Investment Group's 10-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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Core Economy Investment Group 10-Year RORE % Chart

Core Economy Investment Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.87 -1.01 -3.39 -3.97 5.37

Core Economy Investment Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
10-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 -3.39 -13.87 -3.97 52.37 5.37

Competitive Comparison of Core Economy Investment Group's 10-Year RORE %

For the Asset Management subindustry, Core Economy Investment Group's 10-Year RORE %, along with its competitors' market caps and 10-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.


Core Economy Investment Group's 10-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Core Economy Investment Group's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Core Economy Investment Group's 10-Year RORE % falls into.



Core Economy Investment Group 10-Year RORE % Calculation

Core Economy Investment Group's 10-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( -0.03-0.008 )/( -0.707-0 )
=-0.038/-0.707
=5.37 %

* 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 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 10-year before.


Core Economy Investment Group  (HKSE:00339) 10-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, 10-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.


Core Economy Investment Group 10-Year RORE % Related Terms

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Core Economy Investment Group (HKSE:00339) Business Description

Traded in Other Exchanges
N/A
Address
25 Harbour Road, 18 Floor, Harbour Centre, Room 1805, Wanchai, Hong Kong, HKG
Core Economy Investment Group Ltd is an investment company. It is engaged in the investment and trading of listed and unlisted equity securities. The investment objective of the company is to achieve earnings in the form of capital appreciation as well as income from interest and dividends mainly through investment in a diversified portfolio of listed and unlisted companies, in Hong Kong or China, or any other countries where such investment is considered profitable. The group's turnover is majorly derived from its investments in listed equity securities. The business activities of the company are carried out in Hong Kong.
Executives
Yang Zhicheng 2101 Beneficial owner
Zhong Jin Ke Ji Shi Ye You Xian Gong Si 2101 Beneficial owner
Zhu Wen Juan 2101 Beneficial owner
Huan Yu Shi Ji Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Hk Jin Tai Feng Group Limited 2101 Beneficial owner
Liu Sihan 2101 Beneficial owner
Sun Bo 2101 Beneficial owner
Zhong Bai Ke Ji Shi Ye Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Liu Li 2201 Interest of corporation controlled by you
Wan Shi Xing Da Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Cheng Yun Hang 2101 Beneficial owner
Zhongmei Energy International Limited 2101 Beneficial owner
He Nan Sheng Ren Min Zheng Fu 2201 Interest of corporation controlled by you
He Yu 2101 Beneficial owner
Sun Oxford Co., Limited 2101 Beneficial owner

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