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Hanvey Group Holdings (HKSE:08219) 3-Year RORE % : 51.38% (As of Jun. 2024)


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What is Hanvey 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. Hanvey Group Holdings's 3-Year RORE % for the quarter that ended in Jun. 2024 was 51.38%.

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

HKSE:08219's 3-Year RORE % is ranked better than
84.43% of 1047 companies
in the Retail - Cyclical industry
Industry Median: -1.78 vs HKSE:08219: 51.38

Hanvey Group Holdings 3-Year RORE % Historical Data

The historical data trend for Hanvey 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.

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Hanvey Group Holdings 3-Year RORE % Chart

Hanvey Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial 96.27 36.39 -22.74 -48.16 36.07

Hanvey Group Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 -36.15 -15.73 6.83 36.07 51.38

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

For the Luxury Goods subindustry, Hanvey 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.


Hanvey Group Holdings's 3-Year RORE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hanvey Group Holdings's 3-Year RORE % distribution charts can be found below:

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


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Hanvey Group Holdings 3-Year RORE % Calculation

Hanvey 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 )
=( -0.103--0.01 )/( -0.181-0 )
=-0.093/-0.181
=51.38 %

* 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.


Hanvey Group Holdings  (HKSE:08219) 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.


Hanvey Group Holdings 3-Year RORE % Related Terms

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Hanvey Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Container Port Road, Units 3, 5 and 6, 15th Floor, Tower One, Ever Gain Plaza, Kwai Chung, New Territories, Hong Kong, HKG
Hanvey Group Holdings Ltd is engaged in the design, development, manufacture, and distribution of watch products on an original design manufacturing (ODM) basis for watch manufacturers, brand owners, and watch importers across the globe. Its products include female and male, metal and non-metal banded, mechanical, and quartz movement watches to its customers. The group derives revenue mainly from the sale of finished watches, semi-knocked-down kits, and watch parts. Geographically, it derives a majority of its revenue from Indonesia and also has a presence in Hong Kong; Brazil; India; the Kingdom of Saudi Arabia; Australia; the United Arab Emirates (UAE); and Turkey, among others.
Executives
Million Easy Enterprises Ltd.
Au Corona Ching Mei
Cheuk Sin Cheong Clement
Song Hao 2101 Beneficial owner
China New Economy Fund Limited 2101 Beneficial owner

Hanvey Group Holdings Headlines

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