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MediNet Group (HKSE:08161) 5-Year RORE % : 33.22% (As of Sep. 2023)


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What is MediNet Group 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. MediNet Group's 5-Year RORE % for the quarter that ended in Sep. 2023 was 33.22%.

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

HKSE:08161's 5-Year RORE % is ranked better than
79.96% of 449 companies
in the Healthcare Providers & Services industry
Industry Median: 5.86 vs HKSE:08161: 33.22

MediNet Group 5-Year RORE % Historical Data

The historical data trend for MediNet Group'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.

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MediNet Group 5-Year RORE % Chart

MediNet Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 22.54 -21.67 -15.21 20.56

MediNet Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -19.69 -5.75 20.56 27.27 33.22

Competitive Comparison of MediNet Group's 5-Year RORE %

For the Medical Care Facilities subindustry, MediNet Group'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.


MediNet Group's 5-Year RORE % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MediNet Group's 5-Year RORE % distribution charts can be found below:

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



MediNet Group 5-Year RORE % Calculation

MediNet Group's 5-Year RORE % for the quarter that ended in Sep. 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 )
=( -0.652--0.246 )/( -1.222-0 )
=-0.406/-1.222
=33.22 %

* 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 Sep. 2023 and 5-year before.


MediNet Group  (HKSE:08161) 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.


MediNet Group 5-Year RORE % Related Terms

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MediNet Group (HKSE:08161) Business Description

Traded in Other Exchanges
N/A
Address
18 Whitfield Road, Causeway Bay, Unit 3601, 36th Floor, Citicorp Centre, Hong Kong, HKG
MediNet Group Ltd is a provider of corporate healthcare solutions in Hong Kong. The company's operating segment includes Dental business and Medical business. The Dental segment offer dental solutions and dental services by dental clinics owned and operated by the group. Its Medical segment provide outpatient general services and men's health treatments services. It offers services to both plan members and self-paid patient. The company generates revenue by providing Dental business.
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