GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » China Rongzhong Financial Holdings Co Ltd (HKSE:03963) » Definitions » 3-Year RORE %

China Rongzhong Financial Holdings Co (HKSE:03963) 3-Year RORE % : -82.58% (As of Sep. 2024)


View and export this data going back to 2016. Start your Free Trial

What is China Rongzhong Financial Holdings 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 Rongzhong Financial Holdings Co's 3-Year RORE % for the quarter that ended in Sep. 2024 was -82.58%.

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

HKSE:03963's 3-Year RORE % is ranked worse than
87.4% of 508 companies
in the Credit Services industry
Industry Median: 4.64 vs HKSE:03963: -82.58

China Rongzhong Financial Holdings Co 3-Year RORE % Historical Data

The historical data trend for China Rongzhong Financial Holdings 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 Rongzhong Financial Holdings Co 3-Year RORE % Chart

China Rongzhong Financial Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -56.10 10.45 66.59 0.66 -79.81

China Rongzhong Financial Holdings Co Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 69.99 0.66 -4.36 -79.81 -82.58

Competitive Comparison of China Rongzhong Financial Holdings Co's 3-Year RORE %

For the Credit Services subindustry, China Rongzhong Financial Holdings 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 Rongzhong Financial Holdings Co's 3-Year RORE % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, China Rongzhong Financial Holdings Co's 3-Year RORE % distribution charts can be found below:

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


;
;

China Rongzhong Financial Holdings Co 3-Year RORE % Calculation

China Rongzhong Financial Holdings 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 )
=( -0.024--1.432 )/( -1.705-0 )
=1.408/-1.705
=-82.58 %

* 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 Rongzhong Financial Holdings Co  (HKSE:03963) 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 Rongzhong Financial Holdings Co 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of China Rongzhong Financial Holdings Co's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


China Rongzhong Financial Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
Unit 3901, 89 Queensway, 39th floor, Tower One, Lippo Centre, Hong Kong, HKG
China Rongzhong Financial Holdings Co Ltd provides financial leasing services in the People's Republic of China. It operates in two segments Leasing services which include direct leasing and operating leases; and Debt collection and credit investigation services. It also provides advisory and consultancy services to its finance lease customers. Its revenue is derived from advisory income and interest income from the loan, government incentives, and bank interest income. The majority of the company's revenue from operations is derived from the People's Republic of China.
Executives
Kwok Gareth Wing-sien 2202 Interest of your spouse
Goldbond Group Holdings Limited 2101 Beneficial owner
Wong Yu Lung, Charles 2301 Trustee
Wong Fang Pik Chun 2301 Trustee
Wong Yatyee Michelle 2305 Beneficiary of a trust
Wong Jacqueline Yue Yee 2305 Beneficiary of a trust
Xie Xiaoqing
Yong Hua International Limited
Perfect Honour Limited 2101 Beneficial owner
Yeung Nam 2202 Interest of your spouse
Lee Cheuk Yin Dannis 2101 Beneficial owner
Zhao John Huan 2201 Interest of corporation controlled by you
Silver Creation Investments Limited 2101 Beneficial owner
Hony Managing Partners Limited 2201 Interest of corporation controlled by you
Hony Group Management Limited 2201 Interest of corporation controlled by you

China Rongzhong Financial Holdings Co Headlines

No Headlines