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China Merchants Land (HKSE:00978) 3-Year RORE % : -123.86% (As of Dec. 2023)


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What is China Merchants Land 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. China Merchants Land's 3-Year RORE % for the quarter that ended in Dec. 2023 was -123.86%.

The industry rank for China Merchants Land's 3-Year RORE % or its related term are showing as below:

HKSE:00978's 3-Year RORE % is ranked worse than
89.57% of 1725 companies
in the Real Estate industry
Industry Median: -0.3 vs HKSE:00978: -123.86

China Merchants Land 3-Year RORE % Historical Data

The historical data trend for China Merchants Land'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.

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China Merchants Land 3-Year RORE % Chart

China Merchants Land Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.86 -22.12 -63.32 -78.07 -123.86

China Merchants Land Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -63.32 -47.96 -78.07 -81.86 -123.86

Competitive Comparison of China Merchants Land's 3-Year RORE %

For the Real Estate - Diversified subindustry, China Merchants Land'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.


China Merchants Land's 3-Year RORE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Merchants Land's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where China Merchants Land's 3-Year RORE % falls into.



China Merchants Land 3-Year RORE % Calculation

China Merchants Land's 3-Year RORE % for the quarter that ended in Dec. 2023 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 )
=( 0.03-0.139 )/( 0.247-0.159 )
=-0.109/0.088
=-123.86 %

* 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 Dec. 2023 and 3-year before.


China Merchants Land  (HKSE:00978) 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.


China Merchants Land 3-Year RORE % Related Terms

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China Merchants Land (HKSE:00978) Business Description

Traded in Other Exchanges
Address
Nos. 168-200 Connaught Road, Room 2603 to 2606, 26th Floor, China Merchants Tower, Shun Tak Centre, Central, Hong Kong, HKG
China Merchants Land Ltd is an investment holding company that operates through two segments. The properties segment, which generates almost all the company's sales, is engaged in real estate development and leasing, and the Asset Management segment. Asset management segment includes office premises and shopping malls. The company operates primarily in Mainland China.

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