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Quanzhou Huixin Micro-credit Co (HKSE:01577) 3-Year RORE % : 20.44% (As of Dec. 2024)


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What is Quanzhou Huixin Micro-credit 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. Quanzhou Huixin Micro-credit Co's 3-Year RORE % for the quarter that ended in Dec. 2024 was 20.44%.

The industry rank for Quanzhou Huixin Micro-credit Co's 3-Year RORE % or its related term are showing as below:

HKSE:01577's 3-Year RORE % is ranked better than
70.08% of 508 companies
in the Credit Services industry
Industry Median: 4.64 vs HKSE:01577: 20.44

Quanzhou Huixin Micro-credit Co 3-Year RORE % Historical Data

The historical data trend for Quanzhou Huixin Micro-credit 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.

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Quanzhou Huixin Micro-credit Co 3-Year RORE % Chart

Quanzhou Huixin Micro-credit Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -55.70 -41.43 46.38 35.19 20.44

Quanzhou Huixin Micro-credit Co Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 46.38 2.68 35.19 57.41 20.44

Competitive Comparison of Quanzhou Huixin Micro-credit Co's 3-Year RORE %

For the Credit Services subindustry, Quanzhou Huixin Micro-credit 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.


Quanzhou Huixin Micro-credit Co's 3-Year RORE % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Quanzhou Huixin Micro-credit Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Quanzhou Huixin Micro-credit Co's 3-Year RORE % falls into.


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Quanzhou Huixin Micro-credit Co 3-Year RORE % Calculation

Quanzhou Huixin Micro-credit Co's 3-Year RORE % for the quarter that ended in Dec. 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 )
=( 0.139-0.102 )/( 0.351-0.17 )
=0.037/0.181
=20.44 %

* 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. 2024 and 3-year before.


Quanzhou Huixin Micro-credit Co  (HKSE:01577) 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.


Quanzhou Huixin Micro-credit Co 3-Year RORE % Related Terms

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Quanzhou Huixin Micro-credit Co Business Description

Traded in Other Exchanges
N/A
Address
No. 105 Daxing Street, 35 Floor, Huijin International Center, Fengze District, QuanZhou, Fujian, CHN
Quanzhou Huixin Micro-credit Co Ltd is a microfinance company. It has two reportable operating segments including the micro-credit business that provides credit facilities to SMEs, micro-enterprises, and entrepreneurial individuals; and the finance lease business that is engaged in providing automobile lease service for individuals. It generates a vast majority of revenues from the micro-credit business. Almost all of the group's revenue is generated from Quanzhou City, Fujian Province in Mainland China.
Executives
Tsai Hiu Chuk 2201 Interest of corporation controlled by you
Zeng Huanrong 2201 Interest of corporation controlled by you
Zhan Hong Qi Ye You Xian Gong Si 2101 Beneficial owner
Gao Li Ya Tai Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Hong Erguan 2101 Beneficial owner
Grand Wealth (hk) Investment Limited 2101 Beneficial owner
Cheng Chau Yuet 2202 Interest of your spouse
Chong Ming Ting 2201 Interest of corporation controlled by you
Wu Weiqi 2201 Interest of corporation controlled by you
Yue Tai Investment Limited 2101 Beneficial owner
Good Rising Investments Limited 2101 Beneficial owner
Pleasant Advent Limited 2201 Interest of corporation controlled by you
Wong Sze Ying Chloe 2201 Interest of corporation controlled by you
Cai Jianchu 2101 Beneficial owner

Quanzhou Huixin Micro-credit Co Headlines

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