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Daeyang Electric Co (XKRX:108380) 3-Year RORE % : 88.33% (As of Sep. 2024)


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What is Daeyang Electric 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. Daeyang Electric Co's 3-Year RORE % for the quarter that ended in Sep. 2024 was 88.33%.

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

XKRX:108380's 3-Year RORE % is ranked better than
91.06% of 2840 companies
in the Industrial Products industry
Industry Median: 1.625 vs XKRX:108380: 88.33

Daeyang Electric Co 3-Year RORE % Historical Data

The historical data trend for Daeyang Electric 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.

Daeyang Electric Co 3-Year RORE % Chart

Daeyang Electric 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 2.06 3.61 -8.92 -161.72 -12.57

Daeyang Electric Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -137.76 -12.57 48.64 99.77 88.33

Competitive Comparison of Daeyang Electric Co's 3-Year RORE %

For the Electrical Equipment & Parts subindustry, Daeyang Electric 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.


Daeyang Electric Co's 3-Year RORE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Daeyang Electric Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Daeyang Electric Co's 3-Year RORE % falls into.



Daeyang Electric Co 3-Year RORE % Calculation

Daeyang Electric Co's 3-Year RORE % for the quarter that ended in Sep. 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 )
=( 1420-194 )/( 1488-100 )
=1226/1388
=88.33 %

* 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 Sep. 2024 and 3-year before.


Daeyang Electric Co  (XKRX:108380) 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.


Daeyang Electric Co 3-Year RORE % Related Terms

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Daeyang Electric Co Business Description

Traded in Other Exchanges
N/A
Address
245 Changping Road, Saha-gu, Busan, KOR, 604-030
Daeyang Electric Co Ltd is a manufacturer of sections for ships. It produces lighting devices for ships, electric distribution boards, communication systems, power system, underwater systems, sensors, and switching boards. It markets sensor products under the trademark TheSen in the non-marine industry.

Daeyang Electric Co Headlines

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