GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Oriental Rise Holdings Ltd (NAS:ORIS) » Definitions » Gross Profit

ORIS (Oriental Rise Holdings) Gross Profit : $6.26 Mil (TTM As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Oriental Rise Holdings Gross Profit?

Oriental Rise Holdings's gross profit for the six months ended in Jun. 2024 was $2.67 Mil. Oriental Rise Holdings's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was $6.26 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Oriental Rise Holdings's gross profit for the six months ended in Jun. 2024 was $2.67 Mil. Oriental Rise Holdings's Revenue for the six months ended in Jun. 2024 was $7.70 Mil. Therefore, Oriental Rise Holdings's Gross Margin % for the quarter that ended in Jun. 2024 was 34.63%.

Oriental Rise Holdings had a gross margin of 34.63% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 4 years, the highest Gross Margin % of Oriental Rise Holdings was 53.00%. The lowest was 37.36%. And the median was 51.69%.

Oriental Rise Holdings Gross Profit Historical Data

The historical data trend for Oriental Rise Holdings's Gross Profit 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.

Oriental Rise Holdings Gross Profit Chart

Oriental Rise Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
7.80 11.48 12.65 12.78

Oriental Rise Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Gross Profit Get a 7-Day Free Trial 9.12 3.53 9.19 3.59 2.67

Competitive Comparison of Oriental Rise Holdings's Gross Profit

For the Packaged Foods subindustry, Oriental Rise Holdings's Gross Profit, along with its competitors' market caps and Gross Profit 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.

Oriental Rise Holdings's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oriental Rise Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Oriental Rise Holdings's Gross Profit falls into.


;
;

Oriental Rise Holdings Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Oriental Rise Holdings's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=24.122 - 11.338
=12.78

Oriental Rise Holdings's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=7.695 - 5.03
=2.67

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $6.26 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Oriental Rise Holdings's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=2.67 / 7.695
=34.63 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Oriental Rise Holdings  (NAS:ORIS) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Oriental Rise Holdings had a gross margin of 34.63% for the quarter that ended in Jun. 2024 => Competition eroding margins

Oriental Rise Holdings Gross Profit Related Terms

Thank you for viewing the detailed overview of Oriental Rise Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

Oriental Rise Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Oriental Rise Holdings Ltd (NAS:ORIS) » Definitions » Gross Profit
Comparable Companies
NAII BOF CLNN JVA COOT STCB BFNH NCRA SOWG DDC XSWX:NESN XPAR:BN KHC GIS SHSE:603288 K NSE:NESTLEIND SHSE:600887 SZSE:300999 MKC
Traded in Other Exchanges
N/A
Address
No. 48 Xianyu Road, Shuangcheng Town, Zherong County, Fujian Province, Ningde, CHN
Website
Oriental Rise Holdings Ltd is a company who is an integrated supplier of tea products in Mainland China. Their major tea products include primarily-processed tea consisting of white tea and black tea, and refined white tea and black tea. Its business operations are vertically integrated, covering cultivation, processing of tea leaves and the sale of tea products to tea business operators (such as wholesale distributors) and end-user retail customers in Mainland China.