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.
AB International Group's 3-Year RORE % for the quarter that ended in Feb. 2024 was -62.86%.
The industry rank for AB International Group's 3-Year RORE % or its related term are showing as below:
ABQQ's 3-Year RORE % is ranked worse than 82.22% of 956
companies
in the Media - Diversified industry
Industry Median: 1.035
vs ABQQ: -62.86
AB International Group 3-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.
Competitive Comparison of AB International Group's 3-Year RORE %
For the Entertainment subindustry, AB International Group's 3-Year RORE %, along with its competitors' market caps and 3-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.
AB International Group's 3-Year RORE % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, AB International Group's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where AB International Group's 3-Year RORE % falls into.
AB International Group 3-Year RORE % Calculation
AB International Group's 3-Year RORE % for the quarter that ended in Feb. 2024 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Feb. 2024 and 3-year before.
AB International Group (OTCPK:ABQQ) 3-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, 3-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.
AB International Group 3-Year RORE % Related Terms
Thank you for viewing the detailed overview of AB International Group's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.
AB International Group (AB International Group) Business Description
AB International Group Corp is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual property, including the acquisition and distribution of movies. It is predominantly engaged in owning or leasing franchises, patents, and copyrights then in turn license others to use. The company is also engaged in other businesses such as providing Video streaming service under the brand name ABQQ.tv, Smartphone patent, NFT movie and music marketplace license business and operating AB movie theatres. The company has two reportable segments, Copyrights and license (IP) segment which generates majority of the revenue and cinema segment.
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