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Suzhou Jinfu Technology Co (SZSE:300128) 5-Year RORE % : 28.10% (As of Mar. 2024)


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What is Suzhou Jinfu Technology 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. Suzhou Jinfu Technology Co's 5-Year RORE % for the quarter that ended in Mar. 2024 was 28.10%.

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

SZSE:300128's 5-Year RORE % is ranked better than
72.46% of 2146 companies
in the Hardware industry
Industry Median: 7.875 vs SZSE:300128: 28.10

Suzhou Jinfu Technology Co 5-Year RORE % Historical Data

The historical data trend for Suzhou Jinfu Technology 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.

Suzhou Jinfu Technology Co 5-Year RORE % Chart

Suzhou Jinfu Technology 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 0.45 2.00 36.98 -43.68 30.86

Suzhou Jinfu Technology 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 -39.63 -37.95 -31.64 30.86 28.10

Competitive Comparison of Suzhou Jinfu Technology Co's 5-Year RORE %

For the Electronic Components subindustry, Suzhou Jinfu Technology 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.


Suzhou Jinfu Technology Co's 5-Year RORE % Distribution in the Hardware Industry

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

* The bar in red indicates where Suzhou Jinfu Technology Co's 5-Year RORE % falls into.



Suzhou Jinfu Technology Co 5-Year RORE % Calculation

Suzhou Jinfu Technology 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 )
=( -0.21--0.004 )/( -0.733-0 )
=-0.206/-0.733
=28.10 %

* 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.


Suzhou Jinfu Technology Co  (SZSE:300128) 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.


Suzhou Jinfu Technology Co 5-Year RORE % Related Terms

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Suzhou Jinfu Technology Co (SZSE:300128) Business Description

Traded in Other Exchanges
N/A
Address
Suzhou Industrial Park, China Sheng Road No. 39, Suzhou, CHN, 215126
Suzhou Jinfu Technology Co Ltd is mainly engaged in electronic manufacturing, Internet of Things cloud storage and cloud computing services. The company's main products include backlight modules (BLUs), liquid crystal modules (LCMs), photoelectrical display thin film components, testing tools and automatic equipment, heat insulation and shock-absorbing products and precision die cutting equipment, among others.
Executives
Deng Hao Executives
Li Lei Executives
Wang Wen De Directors, executives
Huang Ya Fu Director
Deng Shi Qiang Executives
Yang Zheng Directors, executives
Fu Guo Ping Directors, Directors, and Executives
Ge Wei Dong Directors, executives
Weng Zhang Qing Executives
Yang Xiao Wei Director
Chen Yan Securities Affairs Representative
Shen Xiao Hua Supervisors

Suzhou Jinfu Technology Co (SZSE:300128) Headlines

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