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China Dongxiang (Group) Co (China Dongxiang (Group) Co) 3-Year RORE % : -6.31% (As of Sep. 2023)


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What is China Dongxiang (Group) Co 3-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. China Dongxiang (Group) Co's 3-Year RORE % for the quarter that ended in Sep. 2023 was -6.31%.

The industry rank for China Dongxiang (Group) Co's 3-Year RORE % or its related term are showing as below:

CDGXY's 3-Year RORE % is ranked worse than
54.47% of 1041 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: -1.5 vs CDGXY: -6.31

China Dongxiang (Group) Co 3-Year RORE % Historical Data

The historical data trend for China Dongxiang (Group) Co's 3-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.

* Premium members only.

China Dongxiang (Group) Co 3-Year RORE % Chart

China Dongxiang (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 385.52 264.58

China Dongxiang (Group) Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
3-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 -101.12 385.52 277.41 264.58 -6.31

Competitive Comparison of China Dongxiang (Group) Co's 3-Year RORE %

For the Apparel Manufacturing subindustry, China Dongxiang (Group) Co's 3-Year RORE %, along with its competitors' market caps and 3-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.


China Dongxiang (Group) Co's 3-Year RORE % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Dongxiang (Group) Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where China Dongxiang (Group) Co's 3-Year RORE % falls into.



China Dongxiang (Group) Co 3-Year RORE % Calculation

China Dongxiang (Group) Co's 3-Year RORE % for the quarter that ended in Sep. 2023 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 0.089--0.079 )/( -1.801-0.861 )
=0.168/-2.662
=-6.31 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2023 and 3-year before.


China Dongxiang (Group) Co  (OTCPK:CDGXY) 3-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, 3-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.


China Dongxiang (Group) Co 3-Year RORE % Related Terms

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China Dongxiang (Group) Co (China Dongxiang (Group) Co) Business Description

Traded in Other Exchanges
Address
Building 21, No. 2 Jingyuanbei Street, Beijing Economic-Technological Development Area, Beijing, CHN, 100176
China Dongxiang (Group) Co Ltd manufactures sports apparel and footwear. Its main brand is Kappa, which it sells in China. The company's primary sales channel is wholesale to distributors. The company also sells directly to consumers through more than 1,000 company-operated retail stores and outlets in China and through its e-commerce channel. It has two segments China Apparel and Investment. Sales in China account for most of the total company's revenue.

China Dongxiang (Group) Co (China Dongxiang (Group) Co) Headlines

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