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.
Ching Lee Holdings's 5-Year RORE % for the quarter that ended in Sep. 2023 was -9,999,999,999.99%.
The industry rank for Ching Lee Holdings's 5-Year RORE % or its related term are showing as below:
HKSE:03728's 5-Year RORE % is not ranked
in the Construction industry.
Industry Median: 7.315
vs HKSE:03728: -9999999999.99
Ching Lee Holdings 5-Year RORE % Historical Data
The historical data trend for Ching Lee 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.
Competitive Comparison of Ching Lee Holdings's 5-Year RORE %
For the Engineering & Construction subindustry, Ching Lee 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.
Ching Lee Holdings's 5-Year RORE % Distribution in the Construction Industry
For the Construction industry and Industrials sector, Ching Lee Holdings's 5-Year RORE % distribution charts can be found below:
* The bar in red indicates where Ching Lee Holdings's 5-Year RORE % falls into.
Ching Lee Holdings 5-Year RORE % Calculation
Ching Lee Holdings's 5-Year RORE % for the quarter that ended in Sep. 2023 is calculated as:
* 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 Sep. 2023 and 5-year before.
Ching Lee Holdings (HKSE:03728) 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.
Ching Lee Holdings 5-Year RORE % Related Terms
Thank you for viewing the detailed overview of Ching Lee Holdings's 5-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ching Lee Holdings (HKSE:03728) Business Description
Ching Lee Holdings Ltd is an investment holding company. It is engaged in providing substructure building works services, superstructure building works services and repair, maintenance, alteration and addition works services. Substructure building works refer to building works in relation to the parts of the structure below or above the ground level respectively while repair, maintenance, alteration and addition work services segment accounts for existing structing. The superstructure works projects consist of demolition and hoarding, site formation and foundation works and RMAA works services segment. Majority of the company's revenue comes from the superstructure building work services. The group is based in Hong Kong.
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