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Hamaton Automotive Technology Co (SZSE:300643) 3-Year RORE % : 1.50% (As of Mar. 2024)


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What is Hamaton Automotive Technology 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. Hamaton Automotive Technology Co's 3-Year RORE % for the quarter that ended in Mar. 2024 was 1.50%.

The industry rank for Hamaton Automotive Technology Co's 3-Year RORE % or its related term are showing as below:

SZSE:300643's 3-Year RORE % is ranked worse than
60.06% of 1232 companies
in the Vehicles & Parts industry
Industry Median: 11.06 vs SZSE:300643: 1.50

Hamaton Automotive Technology Co 3-Year RORE % Historical Data

The historical data trend for Hamaton Automotive Technology 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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Hamaton Automotive Technology Co 3-Year RORE % Chart

Hamaton Automotive Technology 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 -37.04 9.09 71.67 37.66 -

Hamaton Automotive Technology 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 22.69 13.29 -1.58 - 1.50

Competitive Comparison of Hamaton Automotive Technology Co's 3-Year RORE %

For the Auto Manufacturers subindustry, Hamaton Automotive Technology 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.


Hamaton Automotive Technology Co's 3-Year RORE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hamaton Automotive Technology Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Hamaton Automotive Technology Co's 3-Year RORE % falls into.



Hamaton Automotive Technology Co 3-Year RORE % Calculation

Hamaton Automotive Technology 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 )
=( 0.57-0.55 )/( 1.63-0.296 )
=0.02/1.334
=1.50 %

* 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.


Hamaton Automotive Technology Co  (SZSE:300643) 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.


Hamaton Automotive Technology Co 3-Year RORE % Related Terms

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Hamaton Automotive Technology Co (SZSE:300643) Business Description

Traded in Other Exchanges
N/A
Address
12th Zhenxing East Road, Hangzhou Yuhang Economic and Technological Development Zone, Yuhang District, Zhejiang Provinc, Hangzhou, CHN, 311199
Hamaton Automotive Technology Co Ltd manufactures and supplies various products to automotive industry. The company is engaged in the development, production and sales of tire valves, tire pressure monitoring systems (TPMS) and related tools and accessories. Its products are mainly sold to Europe, North America, Australia and other regions.
Executives
Xu Jian Feng Supervisors
Hu Fen Hua Executives
Yang Fu Jin Director

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