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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.
Mingxin New Material Co's 3-Year RORE % for the quarter that ended in Mar. 2026 was 62.96%.
The industry rank for Mingxin New Material Co's 3-Year RORE % or its related term are showing as below:
SHSE:605068's 3-Year RORE % is ranked better than 85.91% of 1256
companies
in the Vehicles & Parts industry
Industry Median: 4.38
vs SHSE:605068: 62.96
Mingxin New Material Co (SHSE:605068) 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.
Mingxin New Material Co 3-Year RORE % Related Terms
Mingxin New Material 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.
SHSE:605068 vs ORLY, AZO: 3-Year RORE % Comparison
For the Auto Parts subindustry, Mingxin New Material 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.
Mingxin New Material Co 3-Year RORE % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mingxin New Material Co's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Mingxin New Material 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.
Mingxin New Material Co (SHSE:605068) has a 3-Year RORE % of 62.96 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 Mingxin New Material Co and its competitors. According to the industry distribution chart, Mingxin New Material Co ranks #177 out of 1256 companies in the Vehicles & Parts industry, placing it in the top 14.1%.
Is Mingxin New Material Co's 3-Year RORE % too high?
Mingxin New Material Co's current 3-Year RORE % is 62.96. The Vehicles & Parts industry median 3-Year RORE % is 4.38. Mingxin New Material Co's value of 62.96 is 1337.4% above this industry median. Based on the distribution chart, Mingxin New Material Co ranks #177 out of 1256 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Mingxin New Material Co has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mingxin New Material Co's 3-Year RORE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Mingxin New Material Co ranks #177 out of 1256 companies for 3-Year RORE %. This places Mingxin New Material Co in the top 14% of its industry — outperforming the majority of peers. The industry median 3-Year RORE % is 4.38. Mingxin New Material Co's value of 62.96 is 1337.4% 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 Vehicles & Parts company?
The median 3-Year RORE % among Vehicles & Parts companies is 4.38, based on 1,256 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. Mingxin New Material Co's current 3-Year RORE % of 62.96 is 1337.4% 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 Mingxin New Material Co and its competitors. For the Vehicles & Parts industry, the median 3-Year RORE % is 4.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mingxin New Material Co's current 3-Year RORE % is 62.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mingxin New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Mingxin New Material Co (SHSE:605068) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥31.04, compared to a current price of ¥17.19 — trading 44.6% below its estimated fair value. The current 3-Year RORE % is 62.96 and 1337.4% above the Vehicles & Parts industry median of 4.38. Mingxin New Material Co's overall GF Score™ is 62/100 with 7 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 Mingxin New Material Co (SHSE:605068), the current 3-Year RORE % is 62.96 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 Mingxin New Material Co (SHSE:605068) Overvalued in 2026?
Based on GuruFocus' analysis, Mingxin New Material Co stock appears to be undervalued.
The current stock price of ¥17.19 is trading 44.6% below its estimated GF Value™ of ¥31.04.
GuruFocus considers Mingxin New Material Co to be Significantly Undervalued.
Key valuation signals for SHSE:605068:
3-Year RORE %: 62.96
GF Value™: ¥31.04 vs. price of ¥17.19 (44.6% below fair value)
Industry Position: 1337.4% above the Vehicles & Parts median (#177 of 1256)
No single metric tells the full story. See the SHSE:605068 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mingxin New Material Co Ltd is engaged in development, production and sales of automotive leather. The company's product is automotive interior leather, which is mainly used in automotive interior products such as seats, steering wheels, instrument panels, door panels and other high-end passenger cars.
62GF Score
Get the complete analysis for SHSE:605068
3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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