GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Cuong Wood - Working JSC (STC:ACG) » Definitions » 3-Year RORE %

Cuong Wood - Working JSC (STC:ACG) 3-Year RORE % : 12.30% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Cuong Wood - Working JSC 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. Cuong Wood - Working JSC's 3-Year RORE % for the quarter that ended in Mar. 2024 was 12.30%.

The industry rank for Cuong Wood - Working JSC's 3-Year RORE % or its related term are showing as below:

STC:ACG's 3-Year RORE % is ranked better than
60.71% of 280 companies
in the Forest Products industry
Industry Median: -2.26 vs STC:ACG: 12.30

Cuong Wood - Working JSC 3-Year RORE % Historical Data

The historical data trend for Cuong Wood - Working JSC'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.

Cuong Wood - Working JSC 3-Year RORE % Chart

Cuong Wood - Working JSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
- - - - 21.95

Cuong Wood - Working JSC Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - 38.54 21.95 12.30

Competitive Comparison of Cuong Wood - Working JSC's 3-Year RORE %

For the Lumber & Wood Production subindustry, Cuong Wood - Working JSC'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.


Cuong Wood - Working JSC's 3-Year RORE % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Cuong Wood - Working JSC's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Cuong Wood - Working JSC's 3-Year RORE % falls into.



Cuong Wood - Working JSC 3-Year RORE % Calculation

Cuong Wood - Working JSC's 3-Year RORE % for the quarter that ended in Mar. 2024 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 )
=( 3099.766-2282.247 )/( 8335.298-1690.991 )
=817.519/6644.307
=12.30 %

* 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.


Cuong Wood - Working JSC  (STC:ACG) 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.


Cuong Wood - Working JSC 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Cuong Wood - Working JSC's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cuong Wood - Working JSC (STC:ACG) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
DT 747B Street, Plot 681, map sheet 05, Phuoc Hai Ward, Thai Hoa Ward,, Binh Duong Province,, Tan Uyen Town, VNM
Cuong Wood - Working JSC manufacture woodworking and decorative materials. It engages in sawing, planing and preserving wood.; Manufacture of beds, cabinets, tables, and chairs; Processing of interior decoration products; Producing plywood, veneer, plywood, and other thin boards. Its products comprise MFC, Melamine MDF, laminates, acrylic, veneer, and other by-products.

Cuong Wood - Working JSC (STC:ACG) Headlines

No Headlines