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Pacific Millennium Packaging Group (HKSE:01820) 3-Year RORE % : 36.30% (As of Jun. 2024)


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What is Pacific Millennium Packaging 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. Pacific Millennium Packaging Group's 3-Year RORE % for the quarter that ended in Jun. 2024 was 36.30%.

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

HKSE:01820's 3-Year RORE % is ranked better than
77.54% of 374 companies
in the Packaging & Containers industry
Industry Median: -0.575 vs HKSE:01820: 36.30

Pacific Millennium Packaging Group 3-Year RORE % Historical Data

The historical data trend for Pacific Millennium Packaging 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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Pacific Millennium Packaging Group 3-Year RORE % Chart

Pacific Millennium Packaging Group 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 -7.01 -29.41 -126.95 168.85 -

Pacific Millennium Packaging Group Semi-Annual Data
Dec15 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 -126.95 -355.56 168.85 36.30 -

Competitive Comparison of Pacific Millennium Packaging Group's 3-Year RORE %

For the Packaging & Containers subindustry, Pacific Millennium Packaging 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.


Pacific Millennium Packaging Group's 3-Year RORE % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Pacific Millennium Packaging Group's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Pacific Millennium Packaging Group's 3-Year RORE % falls into.


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Pacific Millennium Packaging Group 3-Year RORE % Calculation

Pacific Millennium Packaging Group's 3-Year RORE % for the quarter that ended in Jun. 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 )
=( -0.068-0.087 )/( 0.096-0.241 )
=-0.155/-0.145
=106.90 %

* 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 Jun. 2024 and 3-year before.


Pacific Millennium Packaging Group  (HKSE:01820) 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.


Pacific Millennium Packaging Group 3-Year RORE % Related Terms

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Pacific Millennium Packaging Group Business Description

Traded in Other Exchanges
N/A
Address
No. 398, Tian Lin Road, A303, 3rd Floor, Block 2, Shanghai, CHN, 200233
Pacific Millennium Packaging Group Corp is an investment holding company engaged in the manufacture and sale of packaging materials. Its product offering includes; Corrugated packaging products like corrugated boxes, pallets, display stands, heavy-duty packaging, specialized packaging products; and Corrugated sheet boards. It caters to different industries such as Food and beverage, Paper and packaging, Non-food-and-beverage-consumables, Supplier chain solutions, E-commerce, Home electronics, and Others including home furniture, computer, and electronic devices such as mobile phones, cameras, textiles, machinery, medical products, etc. The company generates the majority of its revenue from China.
Executives
Ample Bright Management Limited 2201 Interest of corporation controlled by you
Elite Age International Limited 2201 Interest of corporation controlled by you
Fortune China Resources Limited 2301 Trustee
Golden Ford Investments Limited 2201 Interest of corporation controlled by you
Star Concord Worldwide Limited 2301 Trustee
Pacific Millennium Holdings Corporation 2101 Beneficial owner
Tan Richard Lipin 2501 Other
Tsai Wen Hao 2501 Other
Cheng Hsien Chun 2101 Beneficial owner
Lead Forward Limited 2101 Beneficial owner

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