GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangdong Chant Group Inc (SZSE:002616) » Definitions » 10-Year RORE %

Guangdong Chant Group (SZSE:002616) 10-Year RORE % : 13.39% (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Guangdong Chant 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. Guangdong Chant Group's 10-Year RORE % for the quarter that ended in Mar. 2024 was 13.39%.

The industry rank for Guangdong Chant Group's 10-Year RORE % or its related term are showing as below:

SZSE:002616's 10-Year RORE % is ranked better than
61.06% of 1654 companies
in the Hardware industry
Industry Median: 6.205 vs SZSE:002616: 13.39

Guangdong Chant Group 10-Year RORE % Historical Data

The historical data trend for Guangdong Chant 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.

Guangdong Chant Group 10-Year RORE % Chart

Guangdong Chant Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.93 25.19 -66.42 6.14 13.54

Guangdong Chant Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.86 19.07 24.50 13.54 13.39

Competitive Comparison of Guangdong Chant Group's 10-Year RORE %

For the Consumer Electronics subindustry, Guangdong Chant 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.


Guangdong Chant Group's 10-Year RORE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangdong Chant Group's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Guangdong Chant Group's 10-Year RORE % falls into.



Guangdong Chant Group 10-Year RORE % Calculation

Guangdong Chant Group's 10-Year RORE % for the quarter that ended in Mar. 2024 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 )
=( 0.269-0.15 )/( 1.827-0.938 )
=0.119/0.889
=13.39 %

* 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 Mar. 2024 and 10-year before.


Guangdong Chant Group  (SZSE:002616) 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.


Guangdong Chant Group 10-Year RORE % Related Terms

Thank you for viewing the detailed overview of Guangdong Chant Group's 10-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangdong Chant Group (SZSE:002616) Business Description

Traded in Other Exchanges
N/A
Address
No. 42, South Xiaolan Industrial Avenue, Guangdong Province, Zhongshan City, CHN, 528415
Guangdong Chant Group Inc is a Chinese company engaged in the production and sales of gas appliances as well as involved in the environmental industry. It manufactures gas valves, gas heaters, barbecue grills, gas cookers and gas appliance parts. The product portfolio of the company includes charcoal barbecues, gas barbecues, air cooler, patio heaters, camping stove, water heaters, cooktops, and others. The company in the environmental industry is involved in co-generation projects and biomass power generation projects.
Executives
Gong Wei Quan Executives
Su Hui Yi Securities Affairs Representative
Zhang Ru Yi Directors, executives
Liao Jie Fen Supervisors
He Qi Qiang Director
Mai Zheng Hui Directors, executives

Guangdong Chant Group (SZSE:002616) Headlines

No Headlines