GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Beijing Bohui Innovation Biotechnology Group Co Ltd (SZSE:300318) » Definitions » 3-Year RORE %

Beijing Bohui Innovation Biotechnology Group Co (SZSE:300318) 3-Year RORE % : -79.38% (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Beijing Bohui Innovation Biotechnology Group 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. Beijing Bohui Innovation Biotechnology Group Co's 3-Year RORE % for the quarter that ended in Mar. 2024 was -79.38%.

The industry rank for Beijing Bohui Innovation Biotechnology Group Co's 3-Year RORE % or its related term are showing as below:

SZSE:300318's 3-Year RORE % is ranked worse than
88.75% of 809 companies
in the Medical Devices & Instruments industry
Industry Median: -4.55 vs SZSE:300318: -79.38

Beijing Bohui Innovation Biotechnology Group Co 3-Year RORE % Historical Data

The historical data trend for Beijing Bohui Innovation Biotechnology Group 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.

* Premium members only.

Beijing Bohui Innovation Biotechnology Group Co 3-Year RORE % Chart

Beijing Bohui Innovation Biotechnology Group 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 -34.38 -82.80 103.92 21.78 -69.73

Beijing Bohui Innovation Biotechnology Group Co Quarterly Data
Jun19 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 18.95 16.26 -0.42 -69.73 -79.38

Competitive Comparison of Beijing Bohui Innovation Biotechnology Group Co's 3-Year RORE %

For the Medical Devices subindustry, Beijing Bohui Innovation Biotechnology Group 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.


Beijing Bohui Innovation Biotechnology Group Co's 3-Year RORE % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Beijing Bohui Innovation Biotechnology Group Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Beijing Bohui Innovation Biotechnology Group Co's 3-Year RORE % falls into.



Beijing Bohui Innovation Biotechnology Group Co 3-Year RORE % Calculation

Beijing Bohui Innovation Biotechnology Group 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 )
=( -0.013--0.398 )/( -0.485-0 )
=0.385/-0.485
=-79.38 %

* 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.


Beijing Bohui Innovation Biotechnology Group Co  (SZSE:300318) 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.


Beijing Bohui Innovation Biotechnology Group Co 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Beijing Bohui Innovation Biotechnology Group Co's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Bohui Innovation Biotechnology Group Co (SZSE:300318) Business Description

Traded in Other Exchanges
N/A
Address
Block G Jingxinyuan, NO.25 Jia Beiwucun Road, Haidian, Beijing, CHN, 100097
Beijing Bohui Innovation Biotechnology Co Ltd operates in the medical device industry. The company is focusing on the research and development, production, sales and after-sales services of in vitro diagnostic products. The main products of the company include human element detection system, vitamin D test kits and infectious pathogen detection system. The company serves over 3,000 healthcare institutions in 31 provinces and autonomous regions in China.

Beijing Bohui Innovation Biotechnology Group Co (SZSE:300318) Headlines

No Headlines