GURUFOCUS.COM » STOCK LIST » Technology » Hardware » OFILM Group Co Ltd (SZSE:002456) » Definitions » 5-Year RORE %

OFILM Group Co (SZSE:002456) 5-Year RORE % : 6.67% (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is OFILM Group Co 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. OFILM Group Co's 5-Year RORE % for the quarter that ended in Mar. 2024 was 6.67%.

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

SZSE:002456's 5-Year RORE % is ranked worse than
51.65% of 2149 companies
in the Hardware industry
Industry Median: 7.91 vs SZSE:002456: 6.67

OFILM Group Co 5-Year RORE % Historical Data

The historical data trend for OFILM Group Co'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.

OFILM Group Co 5-Year RORE % Chart

OFILM Group Co 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 0.38 269.46 79.37 42.02 5.39

OFILM Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 35.14 26.16 0.93 5.39 6.67

Competitive Comparison of OFILM Group Co's 5-Year RORE %

For the Electronic Components subindustry, OFILM Group Co'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.


OFILM Group Co's 5-Year RORE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, OFILM Group Co's 5-Year RORE % distribution charts can be found below:

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



OFILM Group Co 5-Year RORE % Calculation

OFILM Group Co'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 )
=( 0.139-0.335 )/( -2.911-0.029 )
=-0.196/-2.94
=6.67 %

* 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.


OFILM Group Co  (SZSE:002456) 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.


OFILM Group Co 5-Year RORE % Related Terms

Thank you for viewing the detailed overview of OFILM Group Co's 5-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


OFILM Group Co (SZSE:002456) Business Description

Traded in Other Exchanges
N/A
Address
Huafa Road, Songbai Road, Gongming Street, Oufeiguang Science and Technology Park, Guangming New District, Guangdong, Baoan District, Shenzhen, CHN, 518107
OFILM Group Co Ltd manufactures precision optics and optoelectronics films. The company's products include a touch panel module, a fingerprint recognition module, and electronic products of the intelligent vehicle among others. Its products are used in the smartphone, tablet PC, smart car, and wearable electronics. The firm has branches in China, the United States, Japan, South Korea, and Europe.
Executives
Li Yun Supervisors
Liu Xiao Chen Directors, executives
Li Ying Ping Executives
Ye Qing Biao Executives
Hai Jiang Directors, executives
Huang Li Hui Directors, executives
Luo Yong Hui Supervisors
Yin Yun Yun Executives
Zhou Liang Directors, executives
Tan Zhen Lin Executives
Yao Fei Executives
Ceng Zhao Hao Executives
Cai Xue Peng Directors, executives
Lin Hong Ping Supervisors
Shen Cheng Zhe Executives

OFILM Group Co (SZSE:002456) Headlines

No Headlines