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Circuit Fabology Microelectronics Equipment Co (SHSE:688630) 3-Year RORE % : 14.16% (As of Mar. 2024)


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What is Circuit Fabology Microelectronics Equipment 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. Circuit Fabology Microelectronics Equipment Co's 3-Year RORE % for the quarter that ended in Mar. 2024 was 14.16%.

The industry rank for Circuit Fabology Microelectronics Equipment Co's 3-Year RORE % or its related term are showing as below:

SHSE:688630's 3-Year RORE % is ranked better than
61.98% of 2383 companies
in the Hardware industry
Industry Median: 1.32 vs SHSE:688630: 14.16

Circuit Fabology Microelectronics Equipment Co 3-Year RORE % Historical Data

The historical data trend for Circuit Fabology Microelectronics Equipment 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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Circuit Fabology Microelectronics Equipment Co 3-Year RORE % Chart

Circuit Fabology Microelectronics Equipment Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial - - 24.79 13.29 14.85

Circuit Fabology Microelectronics Equipment Co Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.10 5.60 6.13 14.85 14.16

Competitive Comparison of Circuit Fabology Microelectronics Equipment Co's 3-Year RORE %

For the Electronic Components subindustry, Circuit Fabology Microelectronics Equipment 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.


Circuit Fabology Microelectronics Equipment Co's 3-Year RORE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Circuit Fabology Microelectronics Equipment Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Circuit Fabology Microelectronics Equipment Co's 3-Year RORE % falls into.



Circuit Fabology Microelectronics Equipment Co 3-Year RORE % Calculation

Circuit Fabology Microelectronics Equipment 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 )
=( 1.45-0.96 )/( 3.66-0.2 )
=0.49/3.46
=14.16 %

* 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 Mar. 2024 and 3-year before.


Circuit Fabology Microelectronics Equipment Co  (SHSE:688630) 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.


Circuit Fabology Microelectronics Equipment Co 3-Year RORE % Related Terms

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Circuit Fabology Microelectronics Equipment Co (SHSE:688630) Business Description

Traded in Other Exchanges
N/A
Address
2800 Chuangxin Avenue, Phase II, Innovation Industrial Park, 11th Floor, Building F3, High-tech Zone, Anhui Province, Hefei, CHN, 230088
Circuit Fabology Microelectronics Equipment Co Ltd specializes in micro-nano direct writing, research and development and production of direct imaging equipment and direct-write lithography equipment with lithography as the core technology. The main products and services include printed circuit board direct imaging equipment and automatic line systems, pan-semiconductor direct writing lithography equipment and automatic line systems, and other laser direct imaging equipment.
Executives
He Shao Feng Core technical personnel
Fang Lin Directors, senior managers, core technical personn

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