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Stanley Agricultural Group Co (SZSE:002588) 3-Year RORE % : 17.05% (As of Mar. 2024)


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What is Stanley Agricultural 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. Stanley Agricultural Group Co's 3-Year RORE % for the quarter that ended in Mar. 2024 was 17.05%.

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

SZSE:002588's 3-Year RORE % is ranked better than
77.08% of 240 companies
in the Agriculture industry
Industry Median: -11.785 vs SZSE:002588: 17.05

Stanley Agricultural Group Co 3-Year RORE % Historical Data

The historical data trend for Stanley Agricultural 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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Stanley Agricultural Group Co 3-Year RORE % Chart

Stanley Agricultural Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -42.33 18.03 46.10 15.34 20.51

Stanley Agricultural Group Co Quarterly Data
Jun19 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 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 15.19 2.81 12.16 20.51 17.05

Competitive Comparison of Stanley Agricultural Group Co's 3-Year RORE %

For the Agricultural Inputs subindustry, Stanley Agricultural 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.


Stanley Agricultural Group Co's 3-Year RORE % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Stanley Agricultural Group Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Stanley Agricultural Group Co's 3-Year RORE % falls into.



Stanley Agricultural Group Co 3-Year RORE % Calculation

Stanley Agricultural Group 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 )
=( 0.63-0.41 )/( 1.48-0.19 )
=0.22/1.29
=17.05 %

* 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. 2024 and 3-year before.


Stanley Agricultural Group Co  (SZSE:002588) 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.


Stanley Agricultural Group Co 3-Year RORE % Related Terms

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Stanley Agricultural Group Co (SZSE:002588) Business Description

Traded in Other Exchanges
N/A
Address
East of Changlin Street, Linshu County, Linyi, CHN
Stanley Agricultural Group Co Ltd is an agricultural service provider and international compound fertilizer standard specializing in compound fertilizer production and sales, grain storage and storage, agricultural information consultation, agricultural technology promotion, and agricultural trade. It produces various types of products that include Sanan, Pure sulfur, Fourth element, Water soluble fertilizer, Nitro fertilizer, and New product development.
Executives
Tang You Yun Executives
Gao Wen Ban Director
Mi Shou Hong Supervisors
Gao Jin Hua Directors, executives
Hu Zhao Shun Directors, executives
Gu Rong Bin Executives
Jing Pei Hua Director
Zu Lin Hai Executives
Feng Wei Guang Executives
Zhang Lei Executives
Wang Jing Ming Executives
Gao Bin Supervisors
Jing Hong Lei Supervisors
Li Yan Yan Supervisors
Wang Xu Qian Supervisors

Stanley Agricultural Group Co (SZSE:002588) Headlines

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