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China Beststudy Education Group (HKSE:03978) 5-Year RORE % : 130.43% (As of Dec. 2023)


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What is China Beststudy Education Group 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. China Beststudy Education Group's 5-Year RORE % for the quarter that ended in Dec. 2023 was 130.43%.

The industry rank for China Beststudy Education Group's 5-Year RORE % or its related term are showing as below:

HKSE:03978's 5-Year RORE % is ranked better than
93.88% of 196 companies
in the Education industry
Industry Median: 6.525 vs HKSE:03978: 130.43

China Beststudy Education Group 5-Year RORE % Historical Data

The historical data trend for China Beststudy Education Group'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.

* Premium members only.

China Beststudy Education Group 5-Year RORE % Chart

China Beststudy Education Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only - - 513.79 -5.05 130.43

China Beststudy Education Group Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 513.79 478.10 -5.05 -1.94 130.43

Competitive Comparison of China Beststudy Education Group's 5-Year RORE %

For the Education & Training Services subindustry, China Beststudy Education Group'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.


China Beststudy Education Group's 5-Year RORE % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Beststudy Education Group's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where China Beststudy Education Group's 5-Year RORE % falls into.



China Beststudy Education Group 5-Year RORE % Calculation

China Beststudy Education Group's 5-Year RORE % for the quarter that ended in Dec. 2023 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 )
=( 0.132-0.192 )/( 0.062-0.108 )
=-0.06/-0.046
=130.43 %

* 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 Dec. 2023 and 5-year before.


China Beststudy Education Group  (HKSE:03978) 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.


China Beststudy Education Group 5-Year RORE % Related Terms

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China Beststudy Education Group (HKSE:03978) Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan 4th Road, 41th Floor, Xinde Business Centre, Yuexiu District, Guangdong, Guangzhou, CHN
China Beststudy Education Group is an investment holding company. Its principal activities are engaged in providing education-related courses which include full-time revision business, talent education, self-study program, vocational education, and after-school tutoring program for high school students. It generates the majority of its revenue from the Full-time test preparation programs segment. Geographically the company operates in mainland China.

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