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LICN (Lichen International) 3-Year RORE % : 1.84% (As of Jun. 2024)


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What is Lichen International 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. Lichen International's 3-Year RORE % for the quarter that ended in Jun. 2024 was 1.84%.

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

LICN's 3-Year RORE % is ranked worse than
50.84% of 952 companies
in the Business Services industry
Industry Median: 2.63 vs LICN: 1.84

Lichen International 3-Year RORE % Historical Data

The historical data trend for Lichen International'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.

Lichen International 3-Year RORE % Chart

Lichen International Annual Data
Trend Dec20 Dec21 Dec22 Dec23
3-Year RORE %
- - 6.02 0.07

Lichen International Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
3-Year RORE % Get a 7-Day Free Trial - 6.02 -2.14 0.07 1.84

Competitive Comparison of Lichen International's 3-Year RORE %

For the Specialty Business Services subindustry, Lichen International'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.


Lichen International's 3-Year RORE % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Lichen International's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Lichen International's 3-Year RORE % falls into.



Lichen International 3-Year RORE % Calculation

Lichen International'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 )
=( 60-57.208 )/( 151.465-0 )
=2.792/151.465
=1.84 %

* 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.


Lichen International  (NAS:LICN) 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.


Lichen International 3-Year RORE % Related Terms

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Lichen International Business Description

Traded in Other Exchanges
N/A
Address
Xingang Square, Hubin North Road, 15th Floor, Siming District, Fujian Province, Xiamen, CHN, 361013
Lichen International Ltd formerly Lichen China Ltd is a holding company. The company, along with its subsidiaries provides financial and taxation solution services; education support services; and software and maintenance services. The company generates Majority revenue from Financial and taxation solution services.