OST (Ostin Technology Group Co) 3-Year RORE % : 99.46% (As of Mar. 2024)

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What is Ostin Technology Group 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. Ostin Technology Group Co's 3-Year RORE % for the quarter that ended in Mar. 2024 was 99.46%.

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

OST's 3-Year RORE % is ranked better than
89.31% of 2367 companies
in the Hardware industry
Industry Median: -2.56 vs OST: 99.46

Ostin Technology Group Co 3-Year RORE % Historical Data

The historical data trend for Ostin Technology Group 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.

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Ostin Technology Group Co 3-Year RORE % Chart

Ostin Technology Group Co Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

3-Year RORE %

189.85

Ostin Technology Group Co Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
3-Year RORE %	Get a 7-Day Free Trial					-	-	-3,190.48	189.85	99.46

Competitive Comparison of Ostin Technology Group Co's 3-Year RORE %

For the Electronic Components subindustry, Ostin Technology Group 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.

Ostin Technology Group Co's 3-Year RORE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ostin Technology Group Co's 3-Year RORE % distribution charts can be found below:

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

Ostin Technology Group Co 3-Year RORE % Calculation

Ostin Technology Group 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 )
	=	( -0.71	-	0.213 )	/	( -0.928	-	0 )
	=	-0.923	/	-0.928
	=	99.46 %

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.

Ostin Technology Group Co (NAS:OST) 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.

Ostin Technology Group Co 3-Year RORE % Related Terms

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Ostin Technology Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ostin Technology Group Co Ltd (NAS:OST) » Definitions » 3-Year RORE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Kechuang Road, Building 2, 101/201, Qixia District, Jiangsu Province, Nanjing, CHN, 210046

Website

http://ostin-technology.com

Ostin Technology Group Co Ltd is a supplier of display modules and polarizers in China. It designs, develops, and manufactures TFT-LCD modules in a wide range of sizes and customized sizes according to the specifications of its customers. Its display modules are mainly used in consumer electronics, commercial LCD displays, and automotive displays. The company also manufactures polarizers used in the TFT-LCD display modules and is in the process of developing polarizers for the OLED display panel. Geographically, the company generates revenue from Hong Kong, Taiwan, and Mainland China which is its key revenue generating market.