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Shenzhen Qingyi Photomask (SHSE:688138) 3-Year RORE % : 28.16% (As of Sep. 2024)


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What is Shenzhen Qingyi Photomask 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. Shenzhen Qingyi Photomask's 3-Year RORE % for the quarter that ended in Sep. 2024 was 28.16%.

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

SHSE:688138's 3-Year RORE % is ranked better than
72.93% of 2353 companies
in the Hardware industry
Industry Median: -0.75 vs SHSE:688138: 28.16

Shenzhen Qingyi Photomask 3-Year RORE % Historical Data

The historical data trend for Shenzhen Qingyi Photomask'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.

Shenzhen Qingyi Photomask 3-Year RORE % Chart

Shenzhen Qingyi Photomask 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 - 18.78 -26.56 11.48 42.86

Shenzhen Qingyi Photomask Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 41.18 42.86 49.45 41.05 28.16

Competitive Comparison of Shenzhen Qingyi Photomask's 3-Year RORE %

For the Electronic Components subindustry, Shenzhen Qingyi Photomask'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.


Shenzhen Qingyi Photomask's 3-Year RORE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Qingyi Photomask's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Shenzhen Qingyi Photomask's 3-Year RORE % falls into.


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Shenzhen Qingyi Photomask 3-Year RORE % Calculation

Shenzhen Qingyi Photomask's 3-Year RORE % for the quarter that ended in Sep. 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 )
=( 0.6-0.31 )/( 1.37-0.34 )
=0.29/1.03
=28.16 %

* 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 Sep. 2024 and 3-year before.


Shenzhen Qingyi Photomask  (SHSE:688138) 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.


Shenzhen Qingyi Photomask 3-Year RORE % Related Terms

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Shenzhen Qingyi Photomask Business Description

Traded in Other Exchanges
N/A
Address
Road Langshang two, North of High-tech Park, Building QingYi Photoelectric, Shenzhen, CHN
Shenzhen Qingyi Photomask Ltd is a manufacturer of high precision mask that integrates research, design, production and sales with the technology in China. Its products include TFT, color STN, STN and TNLCD chrome plate mask, EL, OLED chrome plate mask; PDP, VFD chrome plate mask, and IC capsulation, HDI, including chrome plate mask and dry mask, such as BGA, CSP, and BUMPING.
Executives
Xiong Qi Long Core technical personnel
Deng Zhen Yu Core technical personnel
Hao Ming Yi Core technical personnel
Hou Hong Hao Core technical personnel
Qin Shen senior management
Chen Hai Ying Supervisors

Shenzhen Qingyi Photomask Headlines

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