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China International Marine Containers (Group) Co (HKSE:02039) 3-Year RORE % : -42.86% (As of Sep. 2024)


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What is China International Marine Containers (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 International Marine Containers (Group) Co's 3-Year RORE % for the quarter that ended in Sep. 2024 was -42.86%.

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

HKSE:02039's 3-Year RORE % is ranked worse than
80.18% of 2841 companies
in the Industrial Products industry
Industry Median: 1.62 vs HKSE:02039: -42.86

China International Marine Containers (Group) Co 3-Year RORE % Historical Data

The historical data trend for China International Marine Containers (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 International Marine Containers (Group) Co 3-Year RORE % Chart

China International Marine Containers (Group) Co 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 -26.35 28.61 52.85 -21.23 -138.24

China International Marine Containers (Group) Co 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 -141.20 -138.24 -212.74 -204.04 -42.86

Competitive Comparison of China International Marine Containers (Group) Co's 3-Year RORE %

For the Metal Fabrication subindustry, China International Marine Containers (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 International Marine Containers (Group) Co's 3-Year RORE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China International Marine Containers (Group) Co's 3-Year RORE % distribution charts can be found below:

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



China International Marine Containers (Group) Co 3-Year RORE % Calculation

China International Marine Containers (Group) Co'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 )
=( 0.344-0.182 )/( 0.615-0.993 )
=0.162/-0.378
=-42.86 %

* 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.


China International Marine Containers (Group) Co  (HKSE:02039) 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 International Marine Containers (Group) Co 3-Year RORE % Related Terms

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China International Marine Containers (Group) Co Business Description

Traded in Other Exchanges
Address
CIMC R&D Centre, 2 Gangwan Avenue, 8th Floor, Shekou, Nanshan Distritct, Guangdong, Shenzhen, CHN, 518067
China International Marine Containers (Group) Co Ltd is one of China's manufacturers of road transportation vehicles and high-end offshore engineering equipment. It provides a range of containers, trucks, chemical and food equipment, energy products, and airport structures. In addition, the company offers services related to design, engineering, transportation, and energy distribution. The group offers various standard and specialty containers to account for different conditions and take advantage of mass production capabilities. Technical and maintenance services boost revenue and increase contact with customers to gain feedback and observe industry conditions. The company has a world wide distribution network, but the majority of sales derive from Asia.
Executives
China Merchants Group Limited
Shen Zhen Shi Zi Ben Yun Ying Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Yuan Hai Yun Fa Zhan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Citic Group Corporation 2201 Interest of corporation controlled by you
Citic Limited 2201 Interest of corporation controlled by you
Prudential Plc 2201 Interest of corporation controlled by you
Zhong Xin Bao Cheng Ren Shou Bao Xian You Xian Gong Si 2101 Beneficial owner

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