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Minshang Creative Technology Holdings (HKSE:01632) 3-Year RORE % : -9.68% (As of Sep. 2023)


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What is Minshang Creative Technology Holdings 3-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. Minshang Creative Technology Holdings's 3-Year RORE % for the quarter that ended in Sep. 2023 was -9.68%.

The industry rank for Minshang Creative Technology Holdings's 3-Year RORE % or its related term are showing as below:

HKSE:01632's 3-Year RORE % is ranked worse than
58.34% of 2343 companies
in the Hardware industry
Industry Median: 1.12 vs HKSE:01632: -9.68

Minshang Creative Technology Holdings 3-Year RORE % Historical Data

The historical data trend for Minshang Creative Technology Holdings's 3-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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Minshang Creative Technology Holdings 3-Year RORE % Chart

Minshang Creative Technology Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.69 29.11 -175.00 -1,700.00 -152.38

Minshang Creative Technology Holdings Semi-Annual Data
Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
3-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 -180.49 -1,700.00 100.00 -152.38 -9.68

Competitive Comparison of Minshang Creative Technology Holdings's 3-Year RORE %

For the Electronics & Computer Distribution subindustry, Minshang Creative Technology Holdings'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.


Minshang Creative Technology Holdings's 3-Year RORE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Minshang Creative Technology Holdings's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Minshang Creative Technology Holdings's 3-Year RORE % falls into.



Minshang Creative Technology Holdings 3-Year RORE % Calculation

Minshang Creative Technology Holdings's 3-Year RORE % for the quarter that ended in Sep. 2023 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 0.019-0.022 )/( 0.031-0 )
=-0.003/0.031
=-9.68 %

* 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 Sep. 2023 and 3-year before.


Minshang Creative Technology Holdings  (HKSE:01632) 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.


Minshang Creative Technology Holdings 3-Year RORE % Related Terms

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Minshang Creative Technology Holdings (HKSE:01632) Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, Unit 4203, 42nd Floor, Tower One Lippo Centre, Admiralty, Hong Kong, HKG
Minshang Creative Technology Holdings Ltd is an investment holding company. The company's operating segment includes the Vietnamese-style restaurant business in Hong Kong, Trading business in the PRC, and IT solution business. It generates maximum revenue from the Trading business segment. The Trading business segment focuses on offering 3C electronic products, frozen foods, and grain and oil products. Geographically, it derives a majority of revenue from China.

Minshang Creative Technology Holdings (HKSE:01632) Headlines

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