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Zhejiang Netsun Co (SZSE:002095) 10-Year RORE % : -8.59% (As of Mar. 2024)


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What is Zhejiang Netsun Co 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. Zhejiang Netsun Co's 10-Year RORE % for the quarter that ended in Mar. 2024 was -8.59%.

The industry rank for Zhejiang Netsun Co's 10-Year RORE % or its related term are showing as below:

SZSE:002095's 10-Year RORE % is ranked worse than
72.86% of 1227 companies
in the Software industry
Industry Median: 9.1 vs SZSE:002095: -8.59

Zhejiang Netsun Co 10-Year RORE % Historical Data

The historical data trend for Zhejiang Netsun 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.

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Zhejiang Netsun Co 10-Year RORE % Chart

Zhejiang Netsun Co 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 -8.89 4.40 -8.03 -7.94 -8.46

Zhejiang Netsun Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -8.82 -7.75 -10.91 -8.46 -8.59

Competitive Comparison of Zhejiang Netsun Co's 10-Year RORE %

For the Software - Application subindustry, Zhejiang Netsun 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.


Zhejiang Netsun Co's 10-Year RORE % Distribution in the Software Industry

For the Software industry and Technology sector, Zhejiang Netsun Co's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Zhejiang Netsun Co's 10-Year RORE % falls into.



Zhejiang Netsun Co 10-Year RORE % Calculation

Zhejiang Netsun Co'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 )
=( 0.07-0.118 )/( 1.008-0.449 )
=-0.048/0.559
=-8.59 %

* 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.


Zhejiang Netsun Co  (SZSE:002095) 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.


Zhejiang Netsun Co 10-Year RORE % Related Terms

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Zhejiang Netsun Co (SZSE:002095) Business Description

Traded in Other Exchanges
N/A
Address
No. 187 Moganshan Road, Netsun Tower, 12F, Hangzhou, Zhejiang, CHN, 310012
Zhejiang Netsun Co Ltd is a high-tech enterprise specializing in Internet information services, e-commerce, professional search engines and enterprise application software development.
Executives
Lv Gang Director
Tong Mao Rong Directors, executives
Sun De Liang Directors, executives
Fu Zhi Yong Director
Chen Qiong Securities Affairs Representative
Yu Wei Dong Directors, executives
Zhu Jiong Supervisors

Zhejiang Netsun Co (SZSE:002095) Headlines

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