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Tian Chang Group Holdings (HKSE:02182) 3-Year RORE % : -66.54% (As of Jun. 2024)


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What is Tian Chang Group Holdings 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. Tian Chang Group Holdings's 3-Year RORE % for the quarter that ended in Jun. 2024 was -66.54%.

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

HKSE:02182's 3-Year RORE % is ranked worse than
86.09% of 539 companies
in the Conglomerates industry
Industry Median: 3.6 vs HKSE:02182: -66.54

Tian Chang Group Holdings 3-Year RORE % Historical Data

The historical data trend for Tian Chang Group Holdings'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.

Tian Chang Group Holdings 3-Year RORE % Chart

Tian Chang Group Holdings 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 -2.30 -12.66 12.98 -35.47 -

Tian Chang Group Holdings Semi-Annual Data
Dec14 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 Premium Member Only 12.98 -11.11 -35.47 -66.54 -

Competitive Comparison of Tian Chang Group Holdings's 3-Year RORE %

For the Conglomerates subindustry, Tian Chang Group Holdings'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.


Tian Chang Group Holdings's 3-Year RORE % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tian Chang Group Holdings's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Tian Chang Group Holdings's 3-Year RORE % falls into.


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Tian Chang Group Holdings 3-Year RORE % Calculation

Tian Chang Group Holdings'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 )
=( -0.022-0.17 )/( 0.186-0.02 )
=-0.192/0.166
=-115.66 %

* 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.


Tian Chang Group Holdings  (HKSE:02182) 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.


Tian Chang Group Holdings 3-Year RORE % Related Terms

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Tian Chang Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
55 Hoi Yuen Road, Workshop Unit 6, 13th Floor, Block B, Hoi Luen Industrial Centre, Kwun Tong, Hong Kong, HKG
Tian Chang Group Holdings Ltd is principally engaged in manufacturing and sales of electronic cigarette products and providing integrated plastic solutions in Hong Kong and in the PRC. It operates in the segments of Integrated plastic solutions segment, Electronic cigarette products segment, and Medical consumable products segment. The E-cigarettes products segment involves the manufacture and sales of e-cigarette products whereas the Integrated plastic solutions segment consists of the manufacture and sales of moulds and plastic products. It derives key revenue from the PRC.
Executives
Chan Tsan Lam 2101 Beneficial owner
Fung Suk Yee May 2202 Interest of your spouse
Cheng Chak 2101 Beneficial owner
Oceanic Green Group Limited
New Strength Ventures Limited 2101 Beneficial owner
Gold Alliance Ventures Limited 2101 Beneficial owner
New Straits Ventures Limited 2101 Beneficial owner

Tian Chang Group Holdings Headlines

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