Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Shede Spirits Co's 10-Year RORE % for the quarter that ended in Mar. 2026 was 0.04%.
The industry rank for Shede Spirits Co's 10-Year RORE % or its related term are showing as below:
SHSE:600702's 10-Year RORE % is ranked worse than 62.99% of 154
companies
in the Beverages - Alcoholic industry
Industry Median: 4.79
vs SHSE:600702: 0.04
Shede Spirits Co (SHSE:600702) 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.
Shede Spirits Co 10-Year RORE % Related Terms
Shede Spirits Co 10-Year RORE % Historical Data
* Premium members only.
The historical data trend for Shede Spirits 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.
For the Beverages - Wineries & Distilleries subindustry, Shede Spirits 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.
Shede Spirits Co 10-Year RORE % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Shede Spirits Co's 10-Year RORE % distribution charts can be found below:
* The bar in red indicates where Shede Spirits Co's 10-Year RORE % falls into.
* 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. 2026 and 10-year before.
Shede Spirits Co (SHSE:600702) has a 10-Year RORE % of 0.04 as of Mar. 2026. 10-Year RORE % shows how much a company earns by reinvesting its retained earnings in 10-year. View historical data on Shede Spirits Co and its competitors. According to the industry distribution chart, Shede Spirits Co ranks #97 out of 154 companies in the Beverages - Alcoholic industry, placing it in the top 63%.
Is Shede Spirits Co's 10-Year RORE % too high?
Shede Spirits Co's current 10-Year RORE % is 0.04. The Beverages - Alcoholic industry median 10-Year RORE % is 4.79. Shede Spirits Co's value of 0.04 is 99.2% below this industry median. Based on the distribution chart, Shede Spirits Co ranks #97 out of 154 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Shede Spirits Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shede Spirits Co's 10-Year RORE % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Shede Spirits Co ranks #97 out of 154 companies for 10-Year RORE %. This places Shede Spirits Co in the lower half of its industry. The industry median 10-Year RORE % is 4.79. Shede Spirits Co's value of 0.04 is 99.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year RORE % for a Beverages - Alcoholic company?
The median 10-Year RORE % among Beverages - Alcoholic companies is 4.79, based on 154 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shede Spirits Co's current 10-Year RORE % of 0.04 is 99.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 10-Year RORE % mean?
A high 10-Year RORE % can signal that a stock is expensive relative to its fundamentals. 10-Year RORE % shows how much a company earns by reinvesting its retained earnings in 10-year. View historical data on Shede Spirits Co and its competitors. For the Beverages - Alcoholic industry, the median 10-Year RORE % is 4.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shede Spirits Co's current 10-Year RORE % is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shede Spirits Co stock overvalued right now?
Based on GuruFocus' analysis, Shede Spirits Co (SHSE:600702) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥50.91, compared to a current price of ¥38.16 — trading 25% below its estimated fair value. The current 10-Year RORE % is 0.04 and 99.2% below the Beverages - Alcoholic industry median of 4.79. Shede Spirits Co's overall GF Score™ is 80/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year RORE % calculated?
10-Year RORE % is calculated from a company's financial statements. For Shede Spirits Co (SHSE:600702), the current 10-Year RORE % is 0.04 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shede Spirits Co (SHSE:600702) Overvalued in 2026?
Based on GuruFocus' analysis, Shede Spirits Co stock appears to be undervalued.
The current stock price of ¥38.16 is trading 25% below its estimated GF Value™ of ¥50.91.
GuruFocus considers Shede Spirits Co to be Modestly Undervalued.
Key valuation signals for SHSE:600702:
10-Year RORE %: 0.04
GF Value™: ¥50.91 vs. price of ¥38.16 (25% below fair value)
Industry Position: 99.2% below the Beverages - Alcoholic median (#97 of 154)
No single metric tells the full story. See the SHSE:600702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shede Spirits Co Ltd manufactures liquor products. The company produces high-end liquor, low-end liquor, mid-end liquor, and other products. Shede Spirits markets its products throughout China.
80GF Score
Get the complete analysis for SHSE:600702
10-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600702 has been successfully added to your 
