Huzhou Gas Co (HKSE:06661) 3-Year RORE % : -2.21% (As of Jun. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Huzhou Gas 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. Huzhou Gas Co's 3-Year RORE % for the quarter that ended in Jun. 2024 was -2.21%.

The industry rank for Huzhou Gas Co's 3-Year RORE % or its related term are showing as below:

HKSE:06661's 3-Year RORE % is ranked worse than
61.13% of 494 companies
in the Utilities - Regulated industry
Industry Median: 7.995 vs HKSE:06661: -2.21

Huzhou Gas Co 3-Year RORE % Historical Data

The historical data trend for Huzhou Gas 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.

Huzhou Gas Co 3-Year RORE % Chart

Huzhou Gas Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

3-Year RORE %

9.66

-8.21

Huzhou Gas Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
3-Year RORE %	Get a 7-Day Free Trial				-	-	-	-8.21	-2.21

Competitive Comparison of Huzhou Gas Co's 3-Year RORE %

For the Utilities - Regulated Gas subindustry, Huzhou Gas 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.

Huzhou Gas Co's 3-Year RORE % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Huzhou Gas Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Huzhou Gas Co's 3-Year RORE % falls into.

Huzhou Gas Co 3-Year RORE % Calculation

Huzhou Gas Co'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 )
	=	( 0.618	-	0.644 )	/	( 1.84	-	0.665 )
	=	-0.026	/	1.175
	=	-2.21 %

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.

Huzhou Gas Co (HKSE:06661) 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.

Huzhou Gas Co 3-Year RORE % Related Terms

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

Huzhou Gas Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Huzhou Gas Co Ltd (HKSE:06661) » Definitions » 3-Year RORE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

227 Sizhong Road, Zhejiang Province, Huzhou, CHN

Website

http://www.hzrqgf.com

Huzhou Gas Co Ltd is the largest piped natural gas distributor. The principal business of the company comprises of sale of gas, mainly PNG under the Concessions; provision of construction and installation services and others, including the sale of energy, household gas appliances and relevant equipment, distributed photovoltaic power and the leasing of properties. It also has the provision of construction and installation services to construct and install end-user pipeline networks and gas facilities for customers such as property developers and owners or occupants of residential and nonresidential properties.

Executives

Bank Of Communications Co., Ltd.	2201 Interest of corporation controlled by you
Bocom International Holdings Company Limited	2201 Interest of corporation controlled by you
New Partner Intl Ltd	2101 Beneficial owner
Yu Linqiang	2101 Beneficial owner
Guo Tou Tai Kang Xin Tuo You Xian Gong Si	2301 Trustee
Dong Fang Ji Jin Guan Li Gu Fen You Xian Gong Si
Wu Shu Ying	2202 Interest of your spouse
Meng Er Hu	2201 Interest of corporation controlled by you
Yu Rong Fang	2202 Interest of your spouse
Bank Of Communications (nominee) Company Limited	2201 Interest of corporation controlled by you
Bocom International Securities Company Limited	2106 Person having a security interest in shares
Xin Ao Neng Yuan Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Xin Ao Zhong Guo Ran Qi Tou Zi You Xian Gong Si	2101 Beneficial owner

Huzhou Gas Co Headlines

No Headlines