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Clarity Medical Group Holding (HKSE:01406) 5-Year RORE % : 0.00% (As of Mar. 2024)


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What is Clarity Medical Group Holding 5-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. Clarity Medical Group Holding's 5-Year RORE % for the quarter that ended in Mar. 2024 was 0.00%.

The industry rank for Clarity Medical Group Holding's 5-Year RORE % or its related term are showing as below:

HKSE:01406's 5-Year RORE % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: -4.02
* Ranked among companies with meaningful 5-Year RORE % only.

Clarity Medical Group Holding 5-Year RORE % Historical Data

The historical data trend for Clarity Medical Group Holding's 5-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.

Clarity Medical Group Holding 5-Year RORE % Chart

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Clarity Medical Group Holding Semi-Annual Data
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Competitive Comparison of Clarity Medical Group Holding's 5-Year RORE %

For the Medical Instruments & Supplies subindustry, Clarity Medical Group Holding's 5-Year RORE %, along with its competitors' market caps and 5-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.


Clarity Medical Group Holding's 5-Year RORE % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Clarity Medical Group Holding's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Clarity Medical Group Holding's 5-Year RORE % falls into.



Clarity Medical Group Holding 5-Year RORE % Calculation

Clarity Medical Group Holding's 5-Year RORE % for the quarter that ended in Mar. 2024 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( - )/( 0.027-0 )
=/0.027
=0.00 %

* 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 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2024 and 5-year before.


Clarity Medical Group Holding  (HKSE:01406) 5-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, 5-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.


Clarity Medical Group Holding 5-Year RORE % Related Terms

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Clarity Medical Group Holding Business Description

Traded in Other Exchanges
N/A
Address
9 Queen’s Road Central, Room 1302, 13th Floor, Hong Kong, HKG
Clarity Medical Group Holding Ltd is committed to providing comprehensive and professional ophthalmic services for patients with various eye conditions. It operates two medical centers in Central and Mongkok. The medical centers are equipped with medical instruments and surgical equipment which allows performing various ophthalmic examinations, treatments, and surgeries for patients.
Executives
Prime Sage International Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Ultimate Bliss Limited 2307 Founder of a discretionary trust who can infl
Tse Wai Ip 2307 Founder of a discretionary trust who can infl
Cheng Chi Heng 2101 Beneficial owner
3w Partners Fund I L.p. 2201 Interest of corporation controlled by you
3w Partners Gp Limited 2201 Interest of corporation controlled by you
3w Partners Holdings Limited 2201 Interest of corporation controlled by you
Clear Lead Ventures Limited 2101 Beneficial owner
Goh Lu Hong 2501 Other
Chan Hoi Hin William 2501 Other
Wuxi Apptec (hong Kong) Limited
Wuxi Apptec Co., Ltd.

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