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Everbright Securities Co (SHSE:601788) 5-Year RORE % : 35.07% (As of Dec. 2023)


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What is Everbright Securities 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. Everbright Securities Co's 5-Year RORE % for the quarter that ended in Dec. 2023 was 35.07%.

The industry rank for Everbright Securities Co's 5-Year RORE % or its related term are showing as below:

SHSE:601788's 5-Year RORE % is ranked better than
76.18% of 701 companies
in the Capital Markets industry
Industry Median: 9.58 vs SHSE:601788: 35.07

Everbright Securities Co 5-Year RORE % Historical Data

The historical data trend for Everbright Securities 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.

* Premium members only.

Everbright Securities Co 5-Year RORE % Chart

Everbright Securities 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 -81.08 -26.70 5.16 47.12 35.07

Everbright Securities Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 47.12 40.53 29.63 30.09 35.07

Competitive Comparison of Everbright Securities Co's 5-Year RORE %

For the Capital Markets subindustry, Everbright Securities 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.


Everbright Securities Co's 5-Year RORE % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Everbright Securities Co's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Everbright Securities Co's 5-Year RORE % falls into.



Everbright Securities Co 5-Year RORE % Calculation

Everbright Securities Co's 5-Year RORE % for the quarter that ended in Dec. 2023 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 )
=( 0.84-0.119 )/( 2.789-0.733 )
=0.721/2.056
=35.07 %

* 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 Dec. 2023 and 5-year before.


Everbright Securities Co  (SHSE:601788) 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.


Everbright Securities Co 5-Year RORE % Related Terms

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Everbright Securities Co (SHSE:601788) Business Description

Traded in Other Exchanges
Address
12/F, 108 Gloucester Road, Everbright Centre, Wan Chai, Hong Kong, HKG
Everbright Securities Co Ltd is a China-based company is engaged in providing brokerage and investment consulting services. The Company's business includes wealth management business segment, corporate financing business segment, institutional customer business segment, investment trading business segment, asset management business segment and equity investment business segment. The company generates the majority of its revenue from wealth management business segment.

Everbright Securities Co (SHSE:601788) Headlines

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