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Questcorp Mining (XCNQ:QQQ) 3-Year RORE % : 44.83% (As of Oct. 2024)


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What is Questcorp Mining 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. Questcorp Mining's 3-Year RORE % for the quarter that ended in Oct. 2024 was 44.83%.

The industry rank for Questcorp Mining's 3-Year RORE % or its related term are showing as below:

XCNQ:QQQ's 3-Year RORE % is ranked better than
86.35% of 2279 companies
in the Metals & Mining industry
Industry Median: -10.81 vs XCNQ:QQQ: 44.83

Questcorp Mining 3-Year RORE % Historical Data

The historical data trend for Questcorp Mining'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.

Questcorp Mining 3-Year RORE % Chart

Questcorp Mining Annual Data
Trend Jul21 Jul22 Jul23 Jul24
3-Year RORE %
- - - -

Questcorp Mining Quarterly Data
Jul21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Jul24 Oct24
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 44.83

Competitive Comparison of Questcorp Mining's 3-Year RORE %

For the Copper subindustry, Questcorp Mining'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.


Questcorp Mining's 3-Year RORE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Questcorp Mining's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Questcorp Mining's 3-Year RORE % falls into.


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Questcorp Mining 3-Year RORE % Calculation

Questcorp Mining's 3-Year RORE % for the quarter that ended in Oct. 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 )
=( -0.03--0.004 )/( -0.058-0 )
=-0.026/-0.058
=44.83 %

* 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 Oct. 2024 and 3-year before.


Questcorp Mining  (XCNQ:QQQ) 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.


Questcorp Mining 3-Year RORE % Related Terms

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Questcorp Mining Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 550, Vancouver, BC, CAN, V6C 2V6
Questcorp Mining Inc is in the exploration stage. The Company operates in one reportable operating segment, being the acquisition and development of exploration and evaluation assets in Canada. The principal product under its exploration is copper, and it is engaged in exploration and evaluation of the North Island Copper Property.