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Advanced BioMedical Technologies (Advanced BioMedical Technologies) 3-Year RORE % : 0.00% (As of Jul. 2021)


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What is Advanced BioMedical Technologies 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. Advanced BioMedical Technologies's 3-Year RORE % for the quarter that ended in Jul. 2021 was 0.00%.

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

ABMT's 3-Year RORE % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: -4.33
* Ranked among companies with meaningful 3-Year RORE % only.

Advanced BioMedical Technologies 3-Year RORE % Historical Data

The historical data trend for Advanced BioMedical Technologies'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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Advanced BioMedical Technologies 3-Year RORE % Chart

Advanced BioMedical Technologies Annual Data
Trend Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20
3-Year RORE %
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Advanced BioMedical Technologies Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21
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Competitive Comparison of Advanced BioMedical Technologies's 3-Year RORE %

For the Medical Devices subindustry, Advanced BioMedical Technologies'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.


Advanced BioMedical Technologies's 3-Year RORE % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Advanced BioMedical Technologies's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Advanced BioMedical Technologies's 3-Year RORE % falls into.



Advanced BioMedical Technologies 3-Year RORE % Calculation

Advanced BioMedical Technologies's 3-Year RORE % for the quarter that ended in Jul. 2021 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 )
=( -0.008--0.01 )/( -0.025-0 )
=0.002/-0.025
=-8.00 %

* 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 Jul. 2021 and 3-year before.


Advanced BioMedical Technologies  (OTCPK:ABMT) 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.


Advanced BioMedical Technologies 3-Year RORE % Related Terms

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Advanced BioMedical Technologies (Advanced BioMedical Technologies) Business Description

Traded in Other Exchanges
N/A
Address
200 Park Avenue, Suite 1700, New York, NY, USA, 10166
Advanced BioMedical Technologies Inc is engaged in designing, developing, manufacturing, and the planned future marketing of self-reinforced, re-absorbable biodegradable internal fixation devices. The company manufactures its products using Polyamide, and it is used in a variety of applications, which include orthopaedic trauma, sports-related medical treatment, cartilage injuries, and reconstructive dental procedures. Its Polyamide products include screws, rods, and binding wires consisting of enhanced fibres and high molecular polymers, which are designed to facilitate quick healing of complex fractures in many areas of the human skeletal system.
Executives
Advanced Biomedical Technologies Inc. director, officer: CFO 200 PARK AVENUE, SUITE 1700 NEW YORK NY 10166
Lynch John Thomas Jr other: Advisor 22 MULBERRY STREET SUITE 1B MIDDLETOWN NY 10940
Chi Ming Yu director, 10 percent owner, officer: PRESIDENT 36 CLAREMONT TERRACE WAYNE NJ 07470
Andriy Protskiv director, 10 percent owner, officer: President, CEO, CFO 706-15038 101 AVENUE SURREY A1 V3R 0N2

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