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.
Net-a-Go Technology Co's 10-Year RORE % for the quarter that ended in Jun. 2024 was 26.46%.
The industry rank for Net-a-Go Technology Co's 10-Year RORE % or its related term are showing as below:
HKSE:01483's 10-Year RORE % is ranked better than 81.03% of 116
companies
in the Waste Management industry
Industry Median: 6.01
vs HKSE:01483: 26.46
Net-a-Go Technology Co 10-Year RORE % Historical Data
The historical data trend for Net-a-Go Technology Co'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.
Competitive Comparison of Net-a-Go Technology Co's 10-Year RORE %
For the Waste Management subindustry, Net-a-Go Technology Co'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.
Net-a-Go Technology Co's 10-Year RORE % Distribution in the Waste Management Industry
For the Waste Management industry and Industrials sector, Net-a-Go Technology Co's 10-Year RORE % distribution charts can be found below:
* The bar in red indicates where Net-a-Go Technology Co's 10-Year RORE % falls into.
Net-a-Go Technology Co 10-Year RORE % Calculation
Net-a-Go Technology Co's 10-Year RORE % for the quarter that ended in Jun. 2024 is calculated as:
* 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 Jun. 2024 and 10-year before.
Net-a-Go Technology Co (HKSE:01483) 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.
Net-a-Go Technology Co 10-Year RORE % Related Terms
Thank you for viewing the detailed overview of Net-a-Go Technology Co's 10-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Net-a-Go Technology Co Ltd is an investment holding company operating in four segments: environmental maintenance business, property leasing business, securities trading business, and others business segment consists of the financials of manufacturing and selling of medical devices business, selling of cosmetics business and selling of frozen meat business. The majority of its revenue comes from the Environmental maintenance segment, which includes janitorial services on streets and public areas, waste management services, and facility maintenance management. Its geographical segments are Mainland China and Hong Kong, of which almost all of its revenue comes from Mainland China.
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