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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.
Shanghai New Vision Microelectronics Co's 3-Year RORE % for the quarter that ended in Mar. 2026 was 200.00%.
Shanghai New Vision Microelectronics Co (SHSE:688593) 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.
Shanghai New Vision Microelectronics Co 3-Year RORE % Related Terms
Shanghai New Vision Microelectronics Co 3-Year RORE % Historical Data
* 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.
Shanghai New Vision Microelectronics Co 3-Year RORE % Chart
Shanghai New Vision Microelectronics Co Annual Data
SHSE:688593 vs APH, GLW, TEL: 3-Year RORE % Comparison
For the Electronic Components subindustry, Shanghai New Vision Microelectronics 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.
Shanghai New Vision Microelectronics Co 3-Year RORE % vs Hardware Industry
* 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. 2026 and 3-year before.
Shanghai New Vision Microelectronics Co (SHSE:688593) has a 3-Year RORE % of 200.00 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Shanghai New Vision Microelectronics Co and its competitors. According to the industry distribution chart, Shanghai New Vision Microelectronics Co ranks #97 out of 2380 companies in the Hardware industry, placing it in the top 4.1%.
Is Shanghai New Vision Microelectronics Co's 3-Year RORE % too high?
Shanghai New Vision Microelectronics Co's current 3-Year RORE % is 200.00. The Hardware industry median 3-Year RORE % is 5.21. Shanghai New Vision Microelectronics Co's value of 200.00 is 3738.8% above this industry median. Based on the distribution chart, Shanghai New Vision Microelectronics Co ranks #97 out of 2380 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai New Vision Microelectronics Co has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai New Vision Microelectronics Co's 3-Year RORE % compare to APH and GLW?
According to the Hardware industry distribution chart, Shanghai New Vision Microelectronics Co ranks #97 out of 2380 companies for 3-Year RORE %. This places Shanghai New Vision Microelectronics Co in the top 4% of its industry — outperforming the majority of peers. The industry median 3-Year RORE % is 5.21. Shanghai New Vision Microelectronics Co's value of 200.00 is 3738.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Hardware company?
The median 3-Year RORE % among Hardware companies is 5.21, based on 2,380 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shanghai New Vision Microelectronics Co's current 3-Year RORE % of 200.00 is 3738.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Shanghai New Vision Microelectronics Co and its competitors. For the Hardware industry, the median 3-Year RORE % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai New Vision Microelectronics Co's current 3-Year RORE % is 200.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai New Vision Microelectronics Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai New Vision Microelectronics Co (SHSE:688593) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥22.56, compared to a current price of ¥27.99 — trading 24.1% above its estimated fair value. The current 3-Year RORE % is 200.00 and 3738.8% above the Hardware industry median of 5.21. Shanghai New Vision Microelectronics Co's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Shanghai New Vision Microelectronics Co (SHSE:688593), the current 3-Year RORE % is 200.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shanghai New Vision Microelectronics Co (SHSE:688593) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai New Vision Microelectronics Co stock appears to be overvalued.
The current stock price of ¥27.99 is trading 24.1% above its estimated GF Value™ of ¥22.56.
GuruFocus considers Shanghai New Vision Microelectronics Co to be Modestly Overvalued.
Key valuation signals for SHSE:688593:
3-Year RORE %: 200.00
GF Value™: ¥22.56 vs. price of ¥27.99 (24.1% above fair value)
Industry Position: 3738.8% above the Hardware median (#97 of 2380)
No single metric tells the full story. See the SHSE:688593 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai New Vision Microelectronics Co Ltd is engaged in research & Development, design, and sales of display chips. The company is committed to providing new display IC products and system solutions. It has formed nearly a hundred new display IC and power supply IC products covering smart wearables, mobile phones, tablets, monitors, notebooks, TVs, etc, and has long committed to TFT-LCD, AMOLED display driver chips, and power management chips.
83GF Score
Get the complete analysis for SHSE:688593
3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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