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Goody Science and Technology Co (SZSE:002694) 5-Year RORE % : 7.90% (As of Sep. 2024)


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What is Goody Science and Technology Co 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. Goody Science and Technology Co's 5-Year RORE % for the quarter that ended in Sep. 2024 was 7.90%.

The industry rank for Goody Science and Technology Co's 5-Year RORE % or its related term are showing as below:

SZSE:002694's 5-Year RORE % is ranked worse than
58.45% of 1107 companies
in the Vehicles & Parts industry
Industry Median: 15.68 vs SZSE:002694: 7.90

Goody Science and Technology Co 5-Year RORE % Historical Data

The historical data trend for Goody Science and Technology Co'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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Goody Science and Technology Co 5-Year RORE % Chart

Goody Science and Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.36 166.57 81.96 2.08 -8.92

Goody Science and Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -22.95 -8.92 -9.62 10.83 7.90

Competitive Comparison of Goody Science and Technology Co's 5-Year RORE %

For the Auto Parts subindustry, Goody Science and Technology 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.


Goody Science and Technology Co's 5-Year RORE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Goody Science and Technology Co's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Goody Science and Technology Co's 5-Year RORE % falls into.



Goody Science and Technology Co 5-Year RORE % Calculation

Goody Science and Technology Co's 5-Year RORE % for the quarter that ended in Sep. 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 )
=( -0.18--0.049 )/( -1.659-0 )
=-0.131/-1.659
=7.90 %

* 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.


Goody Science and Technology Co  (SZSE:002694) 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.


Goody Science and Technology Co 5-Year RORE % Related Terms

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Goody Science and Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Wuchu Avenue, Ezhou Economic Development Zone, Hubei Province, Ezhou, CHN, 436000
Goody Science and Technology Co Ltd is engaged in manufacturing plastic pipes. The company offers products including fire hose, drain pipes, water pipes and farm tubes.
Executives
Zhang Zhen Guo Director
Zhang Wen Fang Executives
Xu Hui Li Supervisors
Fu Zhi Min Directors, executives
Wang Han Hua Executives
Wang Hong Lin Directors, executives
Zhao Xia Supervisors
Lin Chang Hua Directors, executives
Shen Peng Directors, executives
Lin Chao Qun Director
Sun Zhi Jun Executives

Goody Science and Technology Co Headlines

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