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Guangdong Mingyang Electric Co (SZSE:301291) 10-Year RORE % : 0.00% (As of Sep. 2024)


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What is Guangdong Mingyang Electric 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. Guangdong Mingyang Electric Co does not have enough data to calculate 10-Year RORE %.


Guangdong Mingyang Electric Co 10-Year RORE % Historical Data

The historical data trend for Guangdong Mingyang Electric 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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Guangdong Mingyang Electric Co 10-Year RORE % Chart

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Guangdong Mingyang Electric Co Quarterly Data
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Competitive Comparison of Guangdong Mingyang Electric Co's 10-Year RORE %

For the Electrical Equipment & Parts subindustry, Guangdong Mingyang Electric 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.


Guangdong Mingyang Electric Co's 10-Year RORE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong Mingyang Electric Co's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Guangdong Mingyang Electric Co's 10-Year RORE % falls into.



Guangdong Mingyang Electric Co 10-Year RORE % Calculation

Guangdong Mingyang Electric Co's 10-Year RORE % for the quarter that ended in Sep. 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 )
=( - )/( - )
=/
=N/A %

* 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 Sep. 2024 and 10-year before.


Guangdong Mingyang Electric Co  (SZSE:301291) 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.


Guangdong Mingyang Electric Co 10-Year RORE % Related Terms

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Guangdong Mingyang Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Xingye West Road, Hengmen, Nanlang Town, Guangdong, Zhongshan, CHN, 528451
Guangdong Mingyang Electric Co Ltd is engaged in research & development, production and sales of power transmission and distribution and control equipment in the fields of new energy and new infrastructure. The company mainly focuses on intelligent transformers, prefabricated transformers and intelligent switchgear. It is committed to becoming a leading provider of intelligent power distribution equipment.

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