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.
Longjian Road & Bridge Co's 5-Year RORE % for the quarter that ended in Sep. 2024 was 8.85%.
The industry rank for Longjian Road & Bridge Co's 5-Year RORE % or its related term are showing as below:
SHSE:600853's 5-Year RORE % is ranked better than 53.55% of 1479
companies
in the Construction industry
Industry Median: 6.06
vs SHSE:600853: 8.85
Longjian Road & Bridge Co 5-Year RORE % Historical Data
* 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.
For the Engineering & Construction subindustry, Longjian Road & Bridge Co'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.
Longjian Road & Bridge Co's 5-Year RORE % Distribution in the Construction Industry
For the Construction industry and Industrials sector, Longjian Road & Bridge Co's 5-Year RORE % distribution charts can be found below:
* The bar in red indicates where Longjian Road & Bridge Co's 5-Year RORE % falls into.
Longjian Road & Bridge Co 5-Year RORE % Calculation
* 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. 2024 and 5-year before.
Longjian Road & Bridge Co (SHSE:600853) 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.
Longjian Road & Bridge Co 5-Year RORE % Related Terms
Thank you for viewing the detailed overview of Longjian Road & Bridge Co's 5-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Longjian Road & Bridge Co Ltd is engaged in road and bridge construction. It is also involved in other businesses such as e-commerce platform for green and organic food, green energy resources, investment and trade, financial services, and others. The company's main business comprises of Road Engineering, Bridge Engineering, Municipal Engineering, Tunnel Engineering, Metro Engineering, Engineering Design, and Overseas Business. It provides its construction services to Bangladesh, Sudan, Kenya, Sri Lanka, India, Ethiopia, Surinam, Ghana, Uganda, Mongolia, and other countries.
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