GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solomon Systech (International) Ltd (HKSE:02878) » Definitions » 5-Year RORE %

Solomon Systech (International) (HKSE:02878) 5-Year RORE % : 92.55% (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Solomon Systech (International) 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. Solomon Systech (International)'s 5-Year RORE % for the quarter that ended in Dec. 2023 was 92.55%.

The industry rank for Solomon Systech (International)'s 5-Year RORE % or its related term are showing as below:

HKSE:02878's 5-Year RORE % is ranked better than
89.94% of 775 companies
in the Semiconductors industry
Industry Median: 10.31 vs HKSE:02878: 92.55

Solomon Systech (International) 5-Year RORE % Historical Data

The historical data trend for Solomon Systech (International)'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.

Solomon Systech (International) 5-Year RORE % Chart

Solomon Systech (International) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.51 -42.36 -205.66 234.55 92.55

Solomon Systech (International) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
5-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 -205.66 634.78 234.55 97.44 92.55

Competitive Comparison of Solomon Systech (International)'s 5-Year RORE %

For the Semiconductors subindustry, Solomon Systech (International)'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.


Solomon Systech (International)'s 5-Year RORE % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solomon Systech (International)'s 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Solomon Systech (International)'s 5-Year RORE % falls into.



Solomon Systech (International) 5-Year RORE % Calculation

Solomon Systech (International)'s 5-Year RORE % for the quarter that ended in Dec. 2023 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 )
=( 0.063--0.086 )/( 0.179-0.018 )
=0.149/0.161
=92.55 %

* 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 Dec. 2023 and 5-year before.


Solomon Systech (International)  (HKSE:02878) 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.


Solomon Systech (International) 5-Year RORE % Related Terms

Thank you for viewing the detailed overview of Solomon Systech (International)'s 5-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Solomon Systech (International) (HKSE:02878) Business Description

Traded in Other Exchanges
Address
No. 3 Science Park East Avenue, 6th Floor, Unit 607–613, Wireless Centre, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
Solomon Systech (International) Ltd, along with its subsidiaries is a semiconductor company specializing in the design, development, and sales of integrated circuit products and system solutions for various applications like smartphones, smart televisions, and other smart devices including consumer electronics products, wearables, portable devices, and industrial appliances. Geographically, the company's business is spread across Taiwan, China, Europe, Japan, Korea, South East Asia, the United States of America, and other regions. Hong Kong generates maximum revenue for the company.
Executives
Huada Semiconductor Co., Ltd 2101 Beneficial owner
Zhong Guo Dian Zi Xin Xi Chan Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Dian Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Yeh Tsuei Chi 2101 Beneficial owner

Solomon Systech (International) (HKSE:02878) Headlines

No Headlines