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Impulse (Qingdao) Health Tech Co (SZSE:002899) 3-Year RORE % : 35.42% (As of Sep. 2024)


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What is Impulse (Qingdao) Health Tech 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. Impulse (Qingdao) Health Tech Co's 3-Year RORE % for the quarter that ended in Sep. 2024 was 35.42%.

The industry rank for Impulse (Qingdao) Health Tech Co's 3-Year RORE % or its related term are showing as below:

SZSE:002899's 3-Year RORE % is ranked better than
69.99% of 773 companies
in the Travel & Leisure industry
Industry Median: 3.03 vs SZSE:002899: 35.42

Impulse (Qingdao) Health Tech Co 3-Year RORE % Historical Data

The historical data trend for Impulse (Qingdao) Health Tech 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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Impulse (Qingdao) Health Tech Co 3-Year RORE % Chart

Impulse (Qingdao) Health Tech Co 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 -26.93 -17.21 -35.20 22.70 44.41

Impulse (Qingdao) Health Tech Co 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 45.10 44.41 52.71 46.24 35.42

Competitive Comparison of Impulse (Qingdao) Health Tech Co's 3-Year RORE %

For the Leisure subindustry, Impulse (Qingdao) Health Tech 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.


Impulse (Qingdao) Health Tech Co's 3-Year RORE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Impulse (Qingdao) Health Tech Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Impulse (Qingdao) Health Tech Co's 3-Year RORE % falls into.


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Impulse (Qingdao) Health Tech Co 3-Year RORE % Calculation

Impulse (Qingdao) Health Tech Co'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 )
=( 0.77-0.17 )/( 1.85-0.156 )
=0.6/1.694
=35.42 %

* 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.


Impulse (Qingdao) Health Tech Co  (SZSE:002899) 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.


Impulse (Qingdao) Health Tech Co 3-Year RORE % Related Terms

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Impulse (Qingdao) Health Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 369 Huashan 2nd road, Jimo, Shandong province, Qingdao, CHN, 266200
Impulse (Qingdao) Health Tech Co Ltd is a fitness equipment manufacturer specializing in the development, manufacture, sales and operation of all-category and multi-series fitness equipment. Its products include treadmill, elliptical, upright bike, recumbent bike, indoor-cycling and others. Its products are mainly divided into commercial products, household products, and outdoor products.
Executives
Sa Xiao Dong Supervisors
Zheng Guo Liang Executives

Impulse (Qingdao) Health Tech Co Headlines

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