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Freetech Road Recycling Technology (Holdings) (HKSE:06888) 10-Year RORE % : 14.93% (As of Dec. 2023)


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What is Freetech Road Recycling Technology (Holdings) 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. Freetech Road Recycling Technology (Holdings)'s 10-Year RORE % for the quarter that ended in Dec. 2023 was 14.93%.

The industry rank for Freetech Road Recycling Technology (Holdings)'s 10-Year RORE % or its related term are showing as below:

HKSE:06888's 10-Year RORE % is ranked better than
67.27% of 1057 companies
in the Construction industry
Industry Median: 7.23 vs HKSE:06888: 14.93

Freetech Road Recycling Technology (Holdings) 10-Year RORE % Historical Data

The historical data trend for Freetech Road Recycling Technology (Holdings)'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.

Freetech Road Recycling Technology (Holdings) 10-Year RORE % Chart

Freetech Road Recycling Technology (Holdings) 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 - - - 231.00 14.93

Freetech Road Recycling Technology (Holdings) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 231.00 77.84 14.93

Competitive Comparison of Freetech Road Recycling Technology (Holdings)'s 10-Year RORE %

For the Infrastructure Operations subindustry, Freetech Road Recycling Technology (Holdings)'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.


Freetech Road Recycling Technology (Holdings)'s 10-Year RORE % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Freetech Road Recycling Technology (Holdings)'s 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Freetech Road Recycling Technology (Holdings)'s 10-Year RORE % falls into.



Freetech Road Recycling Technology (Holdings) 10-Year RORE % Calculation

Freetech Road Recycling Technology (Holdings)'s 10-Year RORE % for the quarter that ended in Dec. 2023 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 )
=( 0.011-0.054 )/( -0.185-0.103 )
=-0.043/-0.288
=14.93 %

* 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 Dec. 2023 and 10-year before.


Freetech Road Recycling Technology (Holdings)  (HKSE:06888) 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.


Freetech Road Recycling Technology (Holdings) 10-Year RORE % Related Terms

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Freetech Road Recycling Technology (Holdings) (HKSE:06888) Business Description

Traded in Other Exchanges
N/A
Address
178 Gloucester Road, 29th Floor, Chinachem Century Tower, Wanchai, Hong Kong, HKG
Freetech Road Recycling Technology (Holdings) Ltd is an investment holding company engaged in the manufacturing and sale of road maintenance equipment and provision of road maintenance services in the People's Republic of China (the PRC). The operating segments of the group are APM service segment, where it provides APM services under the registered trademark (Road Doctor) to repair damaged asphalt pavement surfaces, and the APM equipment segment, where it manufactures and sells a wide range of APM equipment. It derives the majority of its revenue from APM Services. It has a business presence in Mainland China and other overseas markets.
Executives
Bank Of Communications Trustee Limited 2301 Trustee
Sze Wai Pan 2101 Beneficial owner
Freetech Technology Limited 2201 Interest of corporation controlled by you

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