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Zhejiang Jinke Tom Culture Industry Co (SZSE:300459) 3-Year RORE % : -1,125.00% (As of Mar. 2024)


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What is Zhejiang Jinke Tom Culture Industry 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. Zhejiang Jinke Tom Culture Industry Co's 3-Year RORE % for the quarter that ended in Mar. 2024 was -1,125.00%.

The industry rank for Zhejiang Jinke Tom Culture Industry Co's 3-Year RORE % or its related term are showing as below:

SZSE:300459's 3-Year RORE % is ranked worse than
99.08% of 541 companies
in the Interactive Media industry
Industry Median: -0.22 vs SZSE:300459: -1125.00

Zhejiang Jinke Tom Culture Industry Co 3-Year RORE % Historical Data

The historical data trend for Zhejiang Jinke Tom Culture Industry 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.

Zhejiang Jinke Tom Culture Industry Co 3-Year RORE % Chart

Zhejiang Jinke Tom Culture Industry 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 195.15 6.58 -241.32 -15.60 -562.50

Zhejiang Jinke Tom Culture Industry 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 -20.39 -20.88 -30.46 -562.50 -1,125.00

Competitive Comparison of Zhejiang Jinke Tom Culture Industry Co's 3-Year RORE %

For the Electronic Gaming & Multimedia subindustry, Zhejiang Jinke Tom Culture Industry 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.


Zhejiang Jinke Tom Culture Industry Co's 3-Year RORE % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zhejiang Jinke Tom Culture Industry Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Zhejiang Jinke Tom Culture Industry Co's 3-Year RORE % falls into.



Zhejiang Jinke Tom Culture Industry Co 3-Year RORE % Calculation

Zhejiang Jinke Tom Culture Industry 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 )
=( -0.26-0.19 )/( 0.04-0 )
=-0.45/0.04
=-1,125.00 %

* 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.


Zhejiang Jinke Tom Culture Industry Co  (SZSE:300459) 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.


Zhejiang Jinke Tom Culture Industry Co 3-Year RORE % Related Terms

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Zhejiang Jinke Tom Culture Industry Co (SZSE:300459) Business Description

Traded in Other Exchanges
N/A
Address
No. 299 Pingyi Road, Qianjiang Century City, 36th Floor, Zhejiang Chamber of Commerce Building, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311215
Zhejiang Jinke Culture Industry Co Ltd is a China-based internet high-tech company engaged in the research and development, distribution, internet education, film and television animation and other related activities. In addition, it is also involved in offering chemical raw materials. The business segments of the company are Mobile internet culture and Fine chemical new materials.
Executives
Zhu Zhi Gang Director
Wang Jian Director
Zhu Tian Directors, executives
Ding Ning Supervisors
Wei Hong Tao Directors, executives
Zhang Wei Xin Directors, executives
Ge Min Hai Director

Zhejiang Jinke Tom Culture Industry Co (SZSE:300459) Headlines

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