GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air China Ltd (HKSE:00753) » Definitions » 3-Year RORE %

Air China (HKSE:00753) 3-Year RORE % : -77.26% (As of Sep. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Air China 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. Air China's 3-Year RORE % for the quarter that ended in Sep. 2024 was -77.26%.

The industry rank for Air China's 3-Year RORE % or its related term are showing as below:

HKSE:00753's 3-Year RORE % is ranked worse than
84.67% of 907 companies
in the Transportation industry
Industry Median: -2.89 vs HKSE:00753: -77.26

Air China 3-Year RORE % Historical Data

The historical data trend for Air China'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.

Air China 3-Year RORE % Chart

Air China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.49 535.21 87.00 34.86 -28.46

Air China Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -9.02 -28.46 -39.39 -57.32 -77.26

Competitive Comparison of Air China's 3-Year RORE %

For the Airlines subindustry, Air China'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.


Air China's 3-Year RORE % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air China's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Air China's 3-Year RORE % falls into.



Air China 3-Year RORE % Calculation

Air China's 3-Year RORE % for the quarter that ended in Sep. 2024 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 )
=( -0.028--2.971 )/( -3.809-0 )
=2.943/-3.809
=-77.26 %

* 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. 2024 and 3-year before.


Air China  (HKSE:00753) 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.


Air China 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Air China's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Air China Business Description

Address
12 Tung Fai Road, 5th Floor, CNAC House, Hong Kong International Airport, Hong Kong, HKG
Air China is based in Beijing. It is one of the largest state-owned airlines and the flag carrier in China. The group operated a fleet of 905 aircraft as of 2023 and carried more than 115 million passengers in prepandemic 2019. It runs a spoke-and-hub model under which it gathers and distributes passengers from air hubs such as Beijing, Chengdu, and Shanghai.
Executives
Cathay Pacific Airways Limited 2101 Beneficial owner
John Swire & Sons Limited 2201 Interest of corporation controlled by you
Swire Pacific Limited 2201 Interest of corporation controlled by you
China National Aviation Corporation (group) Limited 2101 Beneficial owner
China National Aviation Holding Corporation Limited 2201 Interest of corporation controlled by you

Air China Headlines

No Headlines