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ORIS (Oriental Rise Holdings) Total Assets : $68.50 Mil (As of Jun. 2024)


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What is Oriental Rise Holdings Total Assets?

Oriental Rise Holdings's Total Assets for the quarter that ended in Jun. 2024 was $68.50 Mil.

During the past 12 months, Oriental Rise Holdings's average Total Assets Growth Rate was -4.70% per year. During the past 3 years, the average Total Assets Growth Rate was 4.80% per year.

During the past 4 years, Oriental Rise Holdings's highest 3-Year average Total Assets Growth Rate was 4.80%. The lowest was 4.80%. And the median was 4.80%.

Total Assets is connected with ROA %. Oriental Rise Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was 6.43%. Total Assets is also linked to Revenue through Asset Turnover. Oriental Rise Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.11.

Oriental Rise Holdings Total Assets Historical Data

The historical data trend for Oriental Rise Holdings's Total Assets 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 Total Assets Chart

Oriental Rise Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
39.02 48.52 56.24 67.72

Oriental Rise Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial 54.56 56.24 62.92 67.72 68.50

Oriental Rise Holdings Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

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

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=63.042+4.678
=67.72

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

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=63.629+4.867
=68.50

* 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  (NAS:ORIS) Total Assets Explanation

Total Assets is connected with ROA %.

Oriental Rise Holdings's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=4.382/( (67.72+68.496)/ 2 )
=4.382/68.108
=6.43 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Oriental Rise Holdings's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=7.695/( (67.72+68.496)/ 2 )
=7.695/68.108
=0.11

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Oriental Rise Holdings Total Assets Related Terms

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Oriental Rise Holdings Business Description

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