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New Provenance Everlasting Holdings (HKSE:02326) 10-Year RORE % : -25.00% (As of Mar. 2024)


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What is New Provenance Everlasting Holdings 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. New Provenance Everlasting Holdings's 10-Year RORE % for the quarter that ended in Mar. 2024 was -25.00%.

The industry rank for New Provenance Everlasting Holdings's 10-Year RORE % or its related term are showing as below:

HKSE:02326's 10-Year RORE % is ranked worse than
72.35% of 1584 companies
in the Metals & Mining industry
Industry Median: -8.77 vs HKSE:02326: -25.00

New Provenance Everlasting Holdings 10-Year RORE % Historical Data

The historical data trend for New Provenance Everlasting Holdings'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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New Provenance Everlasting Holdings 10-Year RORE % Chart

New Provenance Everlasting Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -20.00 - - -25.00

New Provenance Everlasting Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - - - -25.00 -

Competitive Comparison of New Provenance Everlasting Holdings's 10-Year RORE %

For the Other Industrial Metals & Mining subindustry, New Provenance Everlasting Holdings'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.


New Provenance Everlasting Holdings's 10-Year RORE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, New Provenance Everlasting Holdings's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where New Provenance Everlasting Holdings's 10-Year RORE % falls into.



New Provenance Everlasting Holdings 10-Year RORE % Calculation

New Provenance Everlasting Holdings's 10-Year RORE % for the quarter that ended in Mar. 2024 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 )
=( -0.003-0.004 )/( 0.013-0.002 )
=-0.007/0.011
=-63.64 %

* 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 Mar. 2024 and 10-year before.


New Provenance Everlasting Holdings  (HKSE:02326) 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.


New Provenance Everlasting Holdings 10-Year RORE % Related Terms

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New Provenance Everlasting Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 6-8 Harbour Road, Unit 1102, 11/F, Shui On Centre, Wanchai, Hong Kong, HKG
New Provenance Everlasting Holdings Ltd is engaged in sourcing and selling metal minerals and related industrial materials, and producing and selling industrial products. Its business segments consist of Sourcing and sale of metal minerals and related industrial materials; Production and sale of industrial products and Others. Geographically company generates the majority of its revenue from the Chinese market.
Executives
Sun Le 2201 Interest of corporation controlled by you
Sheen Success Investments Limited 2101 Beneficial owner

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