Guizhou Aviation Technical Development Co (SHSE:688239) 3-Year RORE % : 3.32% (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Guizhou Aviation Technical Development 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. Guizhou Aviation Technical Development Co's 3-Year RORE % for the quarter that ended in Mar. 2024 was 3.32%.

The industry rank for Guizhou Aviation Technical Development Co's 3-Year RORE % or its related term are showing as below:

SHSE:688239's 3-Year RORE % is ranked worse than
51.38% of 290 companies
in the Aerospace & Defense industry
Industry Median: 5.13 vs SHSE:688239: 3.32

Guizhou Aviation Technical Development Co 3-Year RORE % Historical Data

The historical data trend for Guizhou Aviation Technical Development 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.

Guizhou Aviation Technical Development Co 3-Year RORE % Chart

Guizhou Aviation Technical Development Co Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

3-Year RORE %

Get a 7-Day Free Trial

41.55

21.16

4.63

Guizhou Aviation Technical Development Co Quarterly Data
	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
3-Year RORE %	Get a 7-Day Free Trial															14.70	13.33	14.93	4.63	3.32

Competitive Comparison of Guizhou Aviation Technical Development Co's 3-Year RORE %

For the Aerospace & Defense subindustry, Guizhou Aviation Technical Development 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.

Guizhou Aviation Technical Development Co's 3-Year RORE % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Guizhou Aviation Technical Development Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Guizhou Aviation Technical Development Co's 3-Year RORE % falls into.

Guizhou Aviation Technical Development Co 3-Year RORE % Calculation

Guizhou Aviation Technical Development Co's 3-Year RORE % for the quarter that ended in Mar. 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 )
	=	( 1.3	-	1.19 )	/	( 3.79	-	0.48 )
	=	0.11	/	3.31
	=	3.32 %

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. 2024 and 3-year before.

Guizhou Aviation Technical Development Co (SHSE:688239) 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.

Guizhou Aviation Technical Development Co 3-Year RORE % Related Terms

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

Guizhou Aviation Technical Development Co (SHSE:688239) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Guizhou Aviation Technical Development Co Ltd (SHSE:688239) » Definitions » 3-Year RORE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shangbashan Road, Jinyang Science and Technology Industrial Park, Guiyang National High-tech Industrial Development, Guizhou Province, Guiyang, CHN, 550081

Website

http://www.gzhykj.net

Guizhou Aviation Technical Development Co Ltd is engaged in the research and development, production and sales of annular forgings of difficult-to-deform aerospace metal materials. Its products are mainly used in domestic aircraft engines, gas turbines, space launch vehicles, missiles and other high-end equipment fields.

Executives

Yang Jia Dian	Core technical personnel
Wang Hua Dong	Senior management, core technical personnel
Liu Chao Hui	Directors, senior managers
Song Jie	Supervisors

Guizhou Aviation Technical Development Co (SHSE:688239) Headlines

No Headlines