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China Ecotourism Group (HKSE:01371) 3-Year RORE % : -14.74% (As of Dec. 2023)


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What is China Ecotourism Group 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 Ecotourism Group's 3-Year RORE % for the quarter that ended in Dec. 2023 was -14.74%.

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

HKSE:01371's 3-Year RORE % is ranked worse than
58.94% of 789 companies
in the Travel & Leisure industry
Industry Median: -0.8 vs HKSE:01371: -14.74

China Ecotourism Group 3-Year RORE % Historical Data

The historical data trend for China Ecotourism Group'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.

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China Ecotourism Group 3-Year RORE % Chart

China Ecotourism Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.41 -22.38 31.72 31.80 -30.26

China Ecotourism Group Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec23
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 31.80 33.32 -30.26 -38.91 -14.74

Competitive Comparison of China Ecotourism Group's 3-Year RORE %

For the Gambling subindustry, China Ecotourism Group'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 Ecotourism Group's 3-Year RORE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China Ecotourism Group's 3-Year RORE % distribution charts can be found below:

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



China Ecotourism Group 3-Year RORE % Calculation

China Ecotourism Group's 3-Year RORE % for the quarter that ended in Dec. 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 )
=( -0.46--2.309 )/( -12.54-0 )
=1.849/-12.54
=-14.74 %

* 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 Dec. 2023 and 3-year before.


China Ecotourism Group  (HKSE:01371) 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 Ecotourism Group 3-Year RORE % Related Terms

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China Ecotourism Group (HKSE:01371) Business Description

Traded in Other Exchanges
Address
39 Yip Kan Street, Unit 1801, 18th Floor, Landmark South, Wong Chuk Hang, Hong Kong, HKG
China Ecotourism Group Ltd is an investment holding company. Along with its subsidiaries, the firm is engaged in the business of the provision of technology and services for lottery systems, terminal equipment, and gaming products and their operations in China's lottery market. It offers various lottery products ranging from video lottery, computer ticket games, and KENO-type lottery. The segments of the group are Lottery systems, terminal equipment, and related products, which is the key revenue-generating segment; and Natural and health food. It has a business presence in the PRC, Hong Kong, and Others of which a majority of revenue is derived from the PRC.
Executives
China Carbon Neutral Development Group Limited 2101 Beneficial owner
Lau Ting
Cao Junsheng 2201 Interest of corporation controlled by you
Mao Yuan Capital Limited 2101 Beneficial owner
Chan Shing 2202 Interest of your spouse
Favor King Limited

China Ecotourism Group (HKSE:01371) Headlines

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