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Goldsun Building Materials Co (TPE:2504) 10-Year RORE % : 50.13% (As of Mar. 2024)


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What is Goldsun Building Materials 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. Goldsun Building Materials Co's 10-Year RORE % for the quarter that ended in Mar. 2024 was 50.13%.

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

TPE:2504's 10-Year RORE % is ranked better than
87.71% of 293 companies
in the Building Materials industry
Industry Median: 7.2 vs TPE:2504: 50.13

Goldsun Building Materials Co 10-Year RORE % Historical Data

The historical data trend for Goldsun Building Materials 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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Goldsun Building Materials Co 10-Year RORE % Chart

Goldsun Building Materials 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 -35.45 117.14 128.88 78.89 58.28

Goldsun Building Materials 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 40.32 60.05 49.25 58.28 50.13

Competitive Comparison of Goldsun Building Materials Co's 10-Year RORE %

For the Building Materials subindustry, Goldsun Building Materials 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.


Goldsun Building Materials Co's 10-Year RORE % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Goldsun Building Materials Co's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Goldsun Building Materials Co's 10-Year RORE % falls into.



Goldsun Building Materials Co 10-Year RORE % Calculation

Goldsun Building Materials 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 )
=( 2.97-0.632 )/( 11.776-7.112 )
=2.338/4.664
=50.13 %

* 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.


Goldsun Building Materials Co  (TPE:2504) 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.


Goldsun Building Materials Co 10-Year RORE % Related Terms

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Goldsun Building Materials Co (TPE:2504) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Xinhu 1st Road, 7th Floor, Neihu District, Taipei, TWN, 114
Goldsun Building Materials Co Ltd is a Taiwan-based company that engages in the production and distribution of ready-mixed concretes and cement. These two segments jointly account for the majority of the company's revenue. In addition to the above, Goldsun Building Materials Co Ltd also engages in the planning and management of real estate projects, as well as manufacturing and marketing of fire-proof building materials. The company generates most of its sales from the Taiwan market.

Goldsun Building Materials Co (TPE:2504) Headlines

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