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Greentown China Holdings (HKSE:03900) 3-Year RORE % : -9.51% (As of Dec. 2023)


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What is Greentown China 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. Greentown China Holdings's 3-Year RORE % for the quarter that ended in Dec. 2023 was -9.51%.

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

HKSE:03900's 3-Year RORE % is ranked worse than
56.29% of 1718 companies
in the Real Estate industry
Industry Median: 0.405 vs HKSE:03900: -9.51

Greentown China Holdings 3-Year RORE % Historical Data

The historical data trend for Greentown China 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.

Greentown China Holdings 3-Year RORE % Chart

Greentown China Holdings 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 -23.34 73.44 40.30 0.11 -9.51

Greentown China Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 40.30 43.70 0.11 5.92 -9.51

Competitive Comparison of Greentown China Holdings's 3-Year RORE %

For the Real Estate - Development subindustry, Greentown China 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.


Greentown China Holdings's 3-Year RORE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Greentown China Holdings's 3-Year RORE % distribution charts can be found below:

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



Greentown China Holdings 3-Year RORE % Calculation

Greentown China Holdings'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 )
=( 1.335-1.58 )/( 4.091-1.516 )
=-0.245/2.575
=-9.51 %

* 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.


Greentown China Holdings  (HKSE:03900) 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.


Greentown China Holdings 3-Year RORE % Related Terms

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Greentown China Holdings (HKSE:03900) Business Description

Traded in Other Exchanges
Address
No. 1 Hangda Road, 10th Floor, Block A, Dragon Century Plaza, Zhejiang, Hangzhou, CHN, 310007
Greentown China Holdings Ltd, or Greentown, is a China property developer headquartered in Hangzhou. Founded by Song Weiping, the company listed on the Hong Kong Stock Exchange in 2006. Predominantly a property developer is known for high-end residential projects with landbank geographically focused in Zhejiang and the Bohai Rim, Greentown is also noted for being one of the first developers to embark on the asset-light construction management model to generate development fee income from third-party construction and project management services. In June 2012, Wharf entered as a strategic shareholder of the company.
Executives
China Communications Construction Group Limited 2201 Interest of corporation controlled by you
Xiang Gang Xin Hu Tou Zi You Xian Gong Si 2101 Beneficial owner
Zhe Jiang Xin Hu Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Xin Hu Zhong Bao Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Li Ping 2202 Interest of your spouse
Huang Wei 2201 Interest of corporation controlled by you
Song Weiping
Cccg Holding (hk) Limited 2101 Beneficial owner
Wheelock And Company Limited 2201 Interest of corporation controlled by you
The Wharf (holdings) Limited 2201 Interest of corporation controlled by you
Hsbc Trustee (c.i.) Limited 2301 Trustee
Ever Step Holdings Limited 2201 Interest of corporation controlled by you
First Pioneer Holdings Limited 2201 Interest of corporation controlled by you
King Focus International Limited 2201 Interest of corporation controlled by you
Ping An Securities Group (holdings) Limited 2201 Interest of corporation controlled by you

Greentown China Holdings (HKSE:03900) Headlines

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