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Zbit Semiconductor (SHSE:688416) 3-Year RORE % : 125.24% (As of Sep. 2024)


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What is Zbit Semiconductor 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. Zbit Semiconductor's 3-Year RORE % for the quarter that ended in Sep. 2024 was 125.24%.

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

SHSE:688416's 3-Year RORE % is ranked better than
90.12% of 951 companies
in the Semiconductors industry
Industry Median: -8.15 vs SHSE:688416: 125.24

Zbit Semiconductor 3-Year RORE % Historical Data

The historical data trend for Zbit Semiconductor'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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Zbit Semiconductor 3-Year RORE % Chart

Zbit Semiconductor Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial - - - - -1,618.75

Zbit Semiconductor Quarterly Data
Dec18 Dec19 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 -272.68 -1,618.75 3,280.56 386.61 125.24

Competitive Comparison of Zbit Semiconductor's 3-Year RORE %

For the Semiconductors subindustry, Zbit Semiconductor'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.


Zbit Semiconductor's 3-Year RORE % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zbit Semiconductor's 3-Year RORE % distribution charts can be found below:

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



Zbit Semiconductor 3-Year RORE % Calculation

Zbit Semiconductor'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 )
=( -2.2-1.13 )/( -2.659-0 )
=-3.33/-2.659
=125.24 %

* 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.


Zbit Semiconductor  (SHSE:688416) 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.


Zbit Semiconductor 3-Year RORE % Related Terms

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Zbit Semiconductor Business Description

Traded in Other Exchanges
N/A
Address
Northwest of the intersection of Tianshui Road and Taihe Road, Luyang University of Science and Technology Alumni Enterprise Innovation Park, Building 11, Luyang District, Anhui Province, Hefei, CHN, 230041
Zbit Semiconductor Inc is engaged in the research and development, design and sales of memory chips and MCU chips. The company's main products include NOR Flash memory chips and general-purpose 32-bit MCU chips based on Arm Cortex-M0+ core architecture.

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