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ORIS (Oriental Rise Holdings) Return-on-Tangible-Asset : -0.29% (As of Dec. 2024)


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What is Oriental Rise Holdings Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Oriental Rise Holdings's annualized Net Income for the quarter that ended in Dec. 2024 was $-0.21 Mil. Oriental Rise Holdings's average total tangible assets for the quarter that ended in Dec. 2024 was $70.31 Mil. Therefore, Oriental Rise Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -0.29%.

The historical rank and industry rank for Oriental Rise Holdings's Return-on-Tangible-Asset or its related term are showing as below:

ORIS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.99   Med: 18.56   Max: 22.63
Current: 3.01

During the past 5 years, Oriental Rise Holdings's highest Return-on-Tangible-Asset was 22.63%. The lowest was 2.99%. And the median was 18.56%.

ORIS's Return-on-Tangible-Asset is ranked worse than
54.68% of 1933 companies
in the Consumer Packaged Goods industry
Industry Median: 3.62 vs ORIS: 3.01

Oriental Rise Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for Oriental Rise Holdings's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart

Oriental Rise Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
16.91 21.44 22.63 18.56 2.99

Oriental Rise Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only 10.65 28.53 9.19 6.43 -0.29

Competitive Comparison of Oriental Rise Holdings's Return-on-Tangible-Asset

For the Packaged Foods subindustry, Oriental Rise Holdings's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oriental Rise Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Oriental Rise Holdings's Return-on-Tangible-Asset falls into.


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Oriental Rise Holdings Return-on-Tangible-Asset Calculation

Oriental Rise Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=2.088/( (67.72+72.12)/ 2 )
=2.088/69.92
=2.99 %

Oriental Rise Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-0.206/( (68.496+72.12)/ 2 )
=-0.206/70.308
=-0.29 %

* 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 annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Dec. 2024) net income data.


Oriental Rise Holdings  (NAS:ORIS) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Oriental Rise Holdings Return-on-Tangible-Asset Related Terms

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Oriental Rise Holdings Business Description

Traded in Other Exchanges
N/A
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).