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TBEA Co (SHSE:600089) 3-Year RORE % : -1.11% (As of Mar. 2024)


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What is TBEA Co 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. TBEA Co's 3-Year RORE % for the quarter that ended in Mar. 2024 was -1.11%.

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

SHSE:600089's 3-Year RORE % is ranked worse than
56.81% of 2848 companies
in the Industrial Products industry
Industry Median: 5.975 vs SHSE:600089: -1.11

TBEA Co 3-Year RORE % Historical Data

The historical data trend for TBEA Co'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.

TBEA Co 3-Year RORE % Chart

TBEA Co 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 -15.17 9.11 59.44 65.54 16.79

TBEA Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.58 47.94 41.70 16.79 -1.11

Competitive Comparison of TBEA Co's 3-Year RORE %

For the Electrical Equipment & Parts subindustry, TBEA Co'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.


TBEA Co's 3-Year RORE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, TBEA Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where TBEA Co's 3-Year RORE % falls into.



TBEA Co 3-Year RORE % Calculation

TBEA Co'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 )
=( 1.58-1.642 )/( 7.289-1.728 )
=-0.062/5.561
=-1.11 %

* 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.


TBEA Co  (SHSE:600089) 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.


TBEA Co 3-Year RORE % Related Terms

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TBEA Co (SHSE:600089) Business Description

Traded in Other Exchanges
N/A
Address
No.189 Beijing South Road, Xinjiang Uygur Autonomous Region, Changji, CHN, 831100
TBEA Co Ltd is a China-based company engaged in offering service providers energy business solutions. The company distributes electric power transmissions and transformation equipment. It provides solutions such as green technology, smart environmental protection, energy equipment for turnkey projects, and system solutions ranging from surveying to design, construction, installation, and commissioning to the integration of training, operation, and maintenance. It also promotes the construction of green and efficient power grids. The company has a business presence in China and international countries.
Executives
Wang Yi Min senior management
Guo Jun Xiang Director
Bai Yun Gang senior management
Guo Jin senior management
Hu You Cheng senior management
Jiao Hai Hua senior management
Huang Han Jie Directors, senior managers
Li Bian Qu Director
Wu Wei senior management
Luo Jun senior management
Jiang Li Zhi Supervisors
Zhang Jian senior management
Ye Jun Director
Hu Nan senior management
Wang Song Wei senior management

TBEA Co (SHSE:600089) Headlines

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