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Qinglong Pipes Industry Group Co (SZSE:002457) 3-Year RORE % : 36.62% (As of Mar. 2025)


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What is Qinglong Pipes Industry Group 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. Qinglong Pipes Industry Group Co's 3-Year RORE % for the quarter that ended in Mar. 2025 was 36.62%.

The industry rank for Qinglong Pipes Industry Group Co's 3-Year RORE % or its related term are showing as below:

SZSE:002457's 3-Year RORE % is ranked worse than
62.4% of 1585 companies
in the Construction industry
Industry Median: 4.41 vs SZSE:002457: 36.62

Qinglong Pipes Industry Group Co 3-Year RORE % Historical Data

The historical data trend for Qinglong Pipes Industry Group 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.

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Qinglong Pipes Industry Group Co 3-Year RORE % Chart

Qinglong Pipes Industry Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.25 -4.02 0.11 -81.86 37.88

Qinglong Pipes Industry Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -79.76 -30.42 -10.27 37.88 36.62

Competitive Comparison of Qinglong Pipes Industry Group Co's 3-Year RORE %

For the Building Products & Equipment subindustry, Qinglong Pipes Industry Group 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.


Qinglong Pipes Industry Group Co's 3-Year RORE % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Qinglong Pipes Industry Group Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Qinglong Pipes Industry Group Co's 3-Year RORE % falls into.


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Qinglong Pipes Industry Group Co 3-Year RORE % Calculation

Qinglong Pipes Industry Group Co's 3-Year RORE % for the quarter that ended in Mar. 2025 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 )
=( 0.798-0.501 )/( 1.371-0.56 )
=0.297/0.811
=36.62 %

* 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. 2025 and 3-year before.


Qinglong Pipes Industry Group Co  (SZSE:002457) 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.


Qinglong Pipes Industry Group Co 3-Year RORE % Related Terms

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Qinglong Pipes Industry Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 41, Yuehai Road, 11-13th Floor, Ningxia Water Conservancy Research and Development Building, Ningxia Hui Autonomous Region, Jinfeng District, Yinchuan, CHN, 750002
Qinglong Pipes Industry Group Co Ltd engages in the research and development, production, sales and installation services of various mainstream water supply and drainage pipeline products, pipeline corridors, water-saving irrigation products, gas pipelines, new energy-saving heating pipelines and supporting pipe fittings for the above products, as well as the provision of overall water-saving solutions.
Executives
Ren Zhi Chao Supervisors
Huang Yan Qing Directors, executives
Ma Yue Director
Liu Ling Yun Directors, executives
Du Xue Zhi Director
Wang Ping Director
Chen Jia Xing Director
Lu Li Xin Director
Li Hao Executives
Luan Xin Xiang Director
Fang Ji Liang Supervisors
Wang Li Directors, executives
Li Qian Supervisors
Fan Ren Ping Securities Affairs Representative
Xiao Jing Ning Supervisors

Qinglong Pipes Industry Group Co Headlines

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