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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.
HangZhou Nbond Nonwovens Co's 3-Year RORE % for the quarter that ended in Mar. 2026 was 13.08%.
SHSE:603238's 3-Year RORE % is ranked better than 59.38% of 1002
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.965
vs SHSE:603238: 13.08
HangZhou Nbond Nonwovens Co (SHSE:603238) 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.
HangZhou Nbond Nonwovens Co 3-Year RORE % Related Terms
HangZhou Nbond Nonwovens Co 3-Year RORE % Historical Data
* 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.
HangZhou Nbond Nonwovens Co 3-Year RORE % Competitor Comparison
For the Textile Manufacturing subindustry, HangZhou Nbond Nonwovens 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.
HangZhou Nbond Nonwovens Co 3-Year RORE % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, HangZhou Nbond Nonwovens Co's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where HangZhou Nbond Nonwovens Co's 3-Year RORE % falls into.
* 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 Mar. 2026 and 3-year before.
HangZhou Nbond Nonwovens Co (SHSE:603238) has a 3-Year RORE % of 13.08 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on HangZhou Nbond Nonwovens Co and its competitors. According to the industry distribution chart, HangZhou Nbond Nonwovens Co ranks #407 out of 1002 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 40.6%.
Is HangZhou Nbond Nonwovens Co's 3-Year RORE % too high?
HangZhou Nbond Nonwovens Co's current 3-Year RORE % is 13.08. The Manufacturing - Apparel & Accessories industry median 3-Year RORE % is 2.97. HangZhou Nbond Nonwovens Co's value of 13.08 is 341.1% above this industry median. Based on the distribution chart, HangZhou Nbond Nonwovens Co ranks #407 out of 1002 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, HangZhou Nbond Nonwovens Co has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HangZhou Nbond Nonwovens Co's 3-Year RORE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, HangZhou Nbond Nonwovens Co ranks #407 out of 1002 companies for 3-Year RORE %. This puts HangZhou Nbond Nonwovens Co in the upper half of its industry. The industry median 3-Year RORE % is 2.97. HangZhou Nbond Nonwovens Co's value of 13.08 is 341.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Manufacturing - Apparel & Accessories company?
The median 3-Year RORE % among Manufacturing - Apparel & Accessories companies is 2.97, based on 1,002 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HangZhou Nbond Nonwovens Co's current 3-Year RORE % of 13.08 is 341.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on HangZhou Nbond Nonwovens Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 3-Year RORE % is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HangZhou Nbond Nonwovens Co's current 3-Year RORE % is 13.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HangZhou Nbond Nonwovens Co stock overvalued right now?
Based on GuruFocus' analysis, HangZhou Nbond Nonwovens Co (SHSE:603238) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥20.77, compared to a current price of ¥12.21 — trading 41.2% below its estimated fair value. The current 3-Year RORE % is 13.08 and 341.1% above the Manufacturing - Apparel & Accessories industry median of 2.97. HangZhou Nbond Nonwovens Co's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For HangZhou Nbond Nonwovens Co (SHSE:603238), the current 3-Year RORE % is 13.08 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HangZhou Nbond Nonwovens Co (SHSE:603238) Overvalued in 2026?
Based on GuruFocus' analysis, HangZhou Nbond Nonwovens Co stock appears to be undervalued.
The current stock price of ¥12.21 is trading 41.2% below its estimated GF Value™ of ¥20.77.
GuruFocus considers HangZhou Nbond Nonwovens Co to be Significantly Undervalued.
Key valuation signals for SHSE:603238:
3-Year RORE %: 13.08
GF Value™: ¥20.77 vs. price of ¥12.21 (41.2% below fair value)
Industry Position: 341.1% above the Manufacturing - Apparel & Accessories median (#407 of 1002)
No single metric tells the full story. See the SHSE:603238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HangZhou Nbond Nonwovens Co Ltd is a China-based company engages in the production and sale of non-woven fabrics. The Company is a company specializing in the research and development, production and sales of differentiated and personalized spunlace nonwoven materials and their products. The spunlace nonwoven materials produced by the Company are mainly used in four product areas: beauty care, industrial materials, civil cleaning, and medical materials. The Company's products are divided into two categories: spunlace nonwoven materials and spunlace nonwoven material products.
63GF Score
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