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.
Aapico Hitech PCL's 3-Year RORE % for the quarter that ended in Mar. 2024 was 12.20%.
The industry rank for Aapico Hitech PCL's 3-Year RORE % or its related term are showing as below:
BKK:AH's 3-Year RORE % is ranked better than 51.1% of 1231
companies
in the Vehicles & Parts industry
Industry Median: 11.09
vs BKK:AH: 12.20
Aapico Hitech PCL 3-Year RORE % Historical Data
The historical data trend for Aapico Hitech PCL'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.
Competitive Comparison of Aapico Hitech PCL's 3-Year RORE %
For the Auto Parts subindustry, Aapico Hitech PCL'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.
Aapico Hitech PCL's 3-Year RORE % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Aapico Hitech PCL's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Aapico Hitech PCL's 3-Year RORE % falls into.
Aapico Hitech PCL 3-Year RORE % Calculation
Aapico Hitech PCL's 3-Year RORE % for the quarter that ended in Mar. 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 Mar. 2024 and 3-year before.
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.
Aapico Hitech PCL 3-Year RORE % Related Terms
Thank you for viewing the detailed overview of Aapico Hitech PCL's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Aapico Hitech PCL is a manufacturing company. The business activity of the firm is organized into business units based on their products and services and has three reported segments which are the Manufacture of auto parts; Sales of automobiles and the provision of automobile repair service; and Others. It manufactures products such as Jigs, Stamping dies, and Original equipment manufacturing auto parts, including Floor parts, Cross members, Pillars, Brackets, Clips, and Fuel tanks. Geographically the firm has its presence in the region of Thailand, China, Malaysia, and Portugal from which it derives the majority of its revenue from Thailand. Most of its revenue is derived from the Manufacture of automobiles assembly tools and parts segment.
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