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Adamant DRI Processing and Minerals Group (Adamant DRI Processing and Minerals Group) 10-Year RORE % : -47.89% (As of Sep. 2023)


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What is Adamant DRI Processing and Minerals Group 10-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. Adamant DRI Processing and Minerals Group's 10-Year RORE % for the quarter that ended in Sep. 2023 was -47.89%.

The industry rank for Adamant DRI Processing and Minerals Group's 10-Year RORE % or its related term are showing as below:

ADMG's 10-Year RORE % is ranked worse than
87.04% of 108 companies
in the Diversified Financial Services industry
Industry Median: -2.83 vs ADMG: -47.89

Adamant DRI Processing and Minerals Group 10-Year RORE % Historical Data

The historical data trend for Adamant DRI Processing and Minerals Group's 10-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.

Adamant DRI Processing and Minerals Group 10-Year RORE % Chart

Adamant DRI Processing and Minerals Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.24 -126.07 - - -35.88

Adamant DRI Processing and Minerals Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
10-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 -14.02 -35.88 -39.69 -51.15 -47.89

Competitive Comparison of Adamant DRI Processing and Minerals Group's 10-Year RORE %

For the Shell Companies subindustry, Adamant DRI Processing and Minerals Group's 10-Year RORE %, along with its competitors' market caps and 10-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.


Adamant DRI Processing and Minerals Group's 10-Year RORE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Adamant DRI Processing and Minerals Group's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Adamant DRI Processing and Minerals Group's 10-Year RORE % falls into.



Adamant DRI Processing and Minerals Group 10-Year RORE % Calculation

Adamant DRI Processing and Minerals Group's 10-Year RORE % for the quarter that ended in Sep. 2023 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( -0.003--0.128 )/( -0.261-0 )
=0.125/-0.261
=-47.89 %

* 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 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2023 and 10-year before.


Adamant DRI Processing and Minerals Group  (OTCPK:ADMG) 10-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, 10-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.


Adamant DRI Processing and Minerals Group 10-Year RORE % Related Terms

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Adamant DRI Processing and Minerals Group (Adamant DRI Processing and Minerals Group) Business Description

Traded in Other Exchanges
N/A
Address
99 East State Street, No.202, Eagle, ID, USA, 83616
Adamant DRI Processing and Minerals Group is a shell company.
Executives
Nicholas Aaron Parks director, 10 percent owner, officer: President, Secretary/Treasurer 5010 THORNBROOK RIDGE, COLUMBIA MO 65203
Changqing Han 10 percent owner C/O TARGET ACQUISITIONS I, INC., CHUNSHUGOU LUANZHUANG VLG, ZHUOLU COUNTY, ZHANGJIAKOU, HEBEI PROVINCE F4 075600
Jiazhen Liu 10 percent owner C/O TARGET ACQUISITIONS I, INC., CHUNSHUGOU LUANZHUANG VLG, ZHUOLU COUNTY, ZHANGJIAKOU, HEBEI PROVINCE F4 075600
Changkui Zhu director, officer: Chief Executive Officer C/O TARGET ACQUISITIONS I, INC., CHUNSHUGOU LUANZHUANG VLG, ZHUOLU COUNTY, ZHANGJIAKOU, HEBEI PROVINCE F4 075600
Omar Cunha director, 10 percent owner, officer: Vice President UNITY VENTURE CAPITAL ASSOCIATES LTD., C/O UHF INC., 1270 AVE. OF THE AMERICAS, NEW YORK NY 10020
Van Voorst Vader Peter director, 10 percent owner UNITY VENTURE CAPITAL ASSOCIATES LTD., C/O UHF INC., 1270 AVE. OF THE AMERICAS, NEW YORK NY 10020
Lawrence Burstein director, 10 percent owner, officer: Secretary and Treasurer C/O UNITY VENTURE CAPITAL ASSOCIATES LTD, 245 FIFTH AVENUE, SUITE 1500, NEW YORK NY 10016
Sidney Levy director, 10 percent owner UNITY VENTURE CAPITAL ASSOCIATES LTD., C/O UHF INC., 1270 AVE. OF THE AMERICAS, NEW YORK NY 10020
Vincent J Mcgill director C/O EATON & VAN WINKLE LLP, 3 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10016
Nissen Holdings & Co Ltd. 10 percent owner UNITY VENTURE CAPITAL ASSOCIATES LTD., C/O UHF INC., 1270 AVE. OF THE AMERICAS, NEW YORK NY 10020
Ronald C Schmeiser director, officer: President 6015 HOWE STREET, PITTSBURGH PA 15204
Dachris Ltd. 10 percent owner 60 PORT PERRY ROAD, NORTH VERSAILLES PA 15137

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