ORISF (Oriental Rise Holdings) Beneish M-Score: -0.28 (As of Jun. 27, 2026)


ORISF Oriental Rise Holdings Ltd ORISF
28 GF Score
Price $0.70
! 8 Warning Signs
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What is Oriental Rise Holdings Beneish M-Score?

Oriental Rise Holdings ORISF +0.55% 28 Beneish M-Score is -0.28 as of Jun. 27, 2026. GuruFocus rates ORISF with a GF Score™ of 28/100. The stock has 8 warning signs investors should review. Among 1,849 Consumer Packaged Goods companies, Oriental Rise Holdings ranks worse than 94.21% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Warning Sign:

Beneish M-Score -0.28 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Oriental Rise Holdings's Beneish M-Score or its related term are showing as below:

ORISF' s Beneish M-Score Range Over the Past 10 Years
Min: -2.84   Med: -2.33   Max: -0.28
Current: -0.28

During the past 6 years, the highest Beneish M-Score of Oriental Rise Holdings was -0.28. The lowest was -2.84. And the median was -2.33.

Oriental Rise Holdings Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Oriental Rise Holdings's Beneish M-Score 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.

Oriental Rise Holdings Beneish M-Score Chart

Oriental Rise Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 -2.84 -2.52 -2.14 -0.28

Oriental Rise Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -2.52 0.00 -2.14 0.00 -0.28

ORISF vs CYAN, HIGR, TOFB: Beneish M-Score Comparison

For the Packaged Foods subindustry, Oriental Rise Holdings's Beneish M-Score, along with its competitors' market caps and Beneish M-Score 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 Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oriental Rise Holdings's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Oriental Rise Holdings's Beneish M-Score falls into.


ORISF
28GF Score
Oriental Rise Holdings Ltd ORISF
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oriental Rise Holdings Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Oriental Rise Holdings for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * 1.3749+0.528 * 2.4341+0.404 * 4.5975+0.892 * 0.8138+0.115 * 0.9319
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.4718+4.679 * -0.00504-0.327 * 1.227
=-0.28

* 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.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was $0.76 Mil.
Revenue was $12.22 Mil.
Gross Profit was $1.31 Mil.
Total Current Assets was $52.14 Mil.
Total Assets was $81.15 Mil.
Property, Plant and Equipment(Net PPE) was $25.92 Mil.
Depreciation, Depletion and Amortization(DDA) was $1.19 Mil.
Selling, General, & Admin. Expense(SGA) was $2.22 Mil.
Total Current Liabilities was $2.62 Mil.
Long-Term Debt & Capital Lease Obligation was $0.17 Mil.
Net Income was $0.68 Mil.
Gross Profit was $1.67 Mil.
Cash Flow from Operations was $-0.58 Mil.
 Total Receivables was $0.68 Mil.
Revenue was $15.01 Mil.
Gross Profit was $3.93 Mil.
Total Current Assets was $45.57 Mil.
Total Assets was $72.12 Mil.
Property, Plant and Equipment(Net PPE) was $25.96 Mil.
Depreciation, Depletion and Amortization(DDA) was $1.11 Mil.
Selling, General, & Admin. Expense(SGA) was $1.85 Mil.
Total Current Liabilities was $1.84 Mil.
Long-Term Debt & Capital Lease Obligation was $0.18 Mil.

1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(0.762 / 12.219) / (0.681 / 15.014)
=0.062362 / 0.045358
=1.3749

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(3.93 / 15.014) / (1.314 / 12.219)
=0.261756 / 0.107537
=2.4341

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (52.14 + 25.922) / 81.145) / (1 - (45.566 + 25.958) / 72.12)
=0.037994 / 0.008264
=4.5975

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=12.219 / 15.014
=0.8138

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(1.108 / (1.108 + 25.958)) / (1.191 / (1.191 + 25.922))
=0.040937 / 0.043927
=0.9319

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(2.216 / 12.219) / (1.85 / 15.014)
=0.181357 / 0.123218
=1.4718

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((0.168 + 2.615) / 81.145) / ((0.179 + 1.837) / 72.12)
=0.034297 / 0.027953
=1.227

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(0.681 - 1.673 - -0.583) / 81.145
=-0.00504

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Oriental Rise Holdings has a M-score of -0.28 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -0.28 mean?
Oriental Rise Holdings (ORISF) has a Beneish M-Score of -0.28 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Oriental Rise Holdings and its competitors. According to the industry distribution chart, Oriental Rise Holdings ranks #1742 out of 1849 companies in the Consumer Packaged Goods industry, placing it in the top 94.2%.
Is Oriental Rise Holdings' Beneish M-Score too high?
Oriental Rise Holdings' current Beneish M-Score is -0.28. Based on the distribution chart, Oriental Rise Holdings ranks #1742 out of 1849 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Oriental Rise Holdings has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Oriental Rise Holdings' Beneish M-Score compare to CYAN and HIGR?
According to the Consumer Packaged Goods industry distribution chart, Oriental Rise Holdings ranks #1742 out of 1849 companies for Beneish M-Score. This places Oriental Rise Holdings in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Oriental Rise Holdings and its competitors. Oriental Rise Holdings's current Beneish M-Score is -0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oriental Rise Holdings stock overvalued right now?
Oriental Rise Holdings (ORISF) has a current Beneish M-Score of -0.28. The current Beneish M-Score is -0.28. Oriental Rise Holdings' overall GF Score™ is 28/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Oriental Rise Holdings (ORISF), the current Beneish M-Score is -0.28 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Oriental Rise Holdings Business Description

Address No. 48 Xianyu Road, Shuangcheng Town, Zherong County, Fujian Province, Ningde, CHN, 355399
Oriental Rise Holdings Ltd is an integrated supplier of tea products in China. It is principally engaged in the business of planting, cultivating, processing, and selling processed tea. The company currently produces and sells three categories of products: roughly processed white tea, roughly processed black tea, and refined tea. The company's business operations are vertically integrated, covering cultivation, processing of tea leaves, and the sale of tea products to tea business operators and end-user retail customers. Geographically, the company generates all of its revenue from its business in the People's Republic of China (the PRC).
28GF Score

Get the complete analysis for ORISF

Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.70
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