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Greentown Management Holdings Co (HKSE:09979) 3-Year RORE % : 15.36% (As of Jun. 2023)


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What is Greentown Management Holdings Co 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. Greentown Management Holdings Co's 3-Year RORE % for the quarter that ended in Jun. 2023 was 15.36%.

The industry rank for Greentown Management Holdings Co's 3-Year RORE % or its related term are showing as below:

HKSE:09979's 3-Year RORE % is ranked better than
62.51% of 1718 companies
in the Real Estate industry
Industry Median: -0.905 vs HKSE:09979: 15.36

Greentown Management Holdings Co 3-Year RORE % Historical Data

The historical data trend for Greentown Management Holdings Co'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.

* Premium members only.

Greentown Management Holdings Co 3-Year RORE % Chart

Greentown Management Holdings Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial - - 25.47 21.50 -

Greentown Management Holdings Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.47 43.61 21.50 15.36 -

Competitive Comparison of Greentown Management Holdings Co's 3-Year RORE %

For the Real Estate Services subindustry, Greentown Management Holdings Co'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.


Greentown Management Holdings Co's 3-Year RORE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Greentown Management Holdings Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Greentown Management Holdings Co's 3-Year RORE % falls into.



Greentown Management Holdings Co 3-Year RORE % Calculation

Greentown Management Holdings Co's 3-Year RORE % for the quarter that ended in Jun. 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 )
=( 0.536-0.353 )/( 1.312-0.769 )
=0.183/0.543
=33.70 %

* 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 Jun. 2023 and 3-year before.


Greentown Management Holdings Co  (HKSE:09979) 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.


Greentown Management Holdings Co 3-Year RORE % Related Terms

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Greentown Management Holdings Co (HKSE:09979) Business Description

Traded in Other Exchanges
N/A
Address
767 Wen Yi West Road, Xixi International, 9th Floor, Block C, Xihu District, Zhejiang, Hangzhou, CHN
Greentown Management Holdings Co Ltd is the project management company in the PRC. The company's operating segments are Commercial Project Management, Government Project Management, and Other Services. The firm generates a majority of its revenue from Commercial project management which is engaged in providing property development management service to project owner; Governmental project management provides property development management service to the government on resettlement housing property development projects and public infrastructure.

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