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Prinx Chengshan Holdings (HKSE:01809) 5-Year RORE % : 36.46% (As of Jun. 2024)


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What is Prinx Chengshan Holdings 5-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. Prinx Chengshan Holdings's 5-Year RORE % for the quarter that ended in Jun. 2024 was 36.46%.

The industry rank for Prinx Chengshan Holdings's 5-Year RORE % or its related term are showing as below:

HKSE:01809's 5-Year RORE % is ranked better than
70.37% of 1107 companies
in the Vehicles & Parts industry
Industry Median: 15.87 vs HKSE:01809: 36.46

Prinx Chengshan Holdings 5-Year RORE % Historical Data

The historical data trend for Prinx Chengshan Holdings's 5-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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Prinx Chengshan Holdings 5-Year RORE % Chart

Prinx Chengshan Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only - - - -10.21 23.47

Prinx Chengshan Holdings Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
5-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 -13.70 -10.21 -2.32 23.47 36.46

Competitive Comparison of Prinx Chengshan Holdings's 5-Year RORE %

For the Auto Parts subindustry, Prinx Chengshan Holdings's 5-Year RORE %, along with its competitors' market caps and 5-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.


Prinx Chengshan Holdings's 5-Year RORE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Prinx Chengshan Holdings's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Prinx Chengshan Holdings's 5-Year RORE % falls into.



Prinx Chengshan Holdings 5-Year RORE % Calculation

Prinx Chengshan Holdings's 5-Year RORE % for the quarter that ended in Jun. 2024 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( 2.581-0.849 )/( 5.842-1.092 )
=1.732/4.75
=36.46 %

* 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 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Jun. 2024 and 5-year before.


Prinx Chengshan Holdings  (HKSE:01809) 5-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, 5-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.


Prinx Chengshan Holdings 5-Year RORE % Related Terms

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Prinx Chengshan Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 98 Nanshan North Road, Shandong Province, Rongcheng, CHN
Prinx Chengshan Holdings Ltd is a tire manufacturer. It sells its products under the brand name Prinx, Chengshan, Austone, and Fortune. Geographically, it generates maximum revenue from Mainland China but also has a presence in the Americas, Asia, Africa, the Middle East, and Other countries.
Executives
Zhong Guo Zhong Xing Qi Che Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Li Xiuxiang 2201 Interest of corporation controlled by you
Che Baozhen 2101 Beneficial owner
Che Hongzhi
Bi Wenjing 2202 Interest of your spouse
Shang Hai Cheng Zhan Xin Xi Ke Ji Zhong Xin 2201 Interest of corporation controlled by you
Bei Jing Zhong Ming Xin Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Cheng Shan Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Li Xiuxiang 2201 Interest of corporation controlled by you
Che Hongzhi 2202 Interest of your spouse
Che Baozhen 2201 Interest of corporation controlled by you
Red Avenue Investment Group Limited 2201 Interest of corporation controlled by you
Sino Legend Holding Group Limited 2101 Beneficial owner
Zhang Ning 2201 Interest of corporation controlled by you
Hua Qi Zhong Guo Hua Gong You Xian Gong Si 2201 Interest of corporation controlled by you

Prinx Chengshan Holdings Headlines

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