Oriental Culture Holding (Oriental Culture Holding) Total Assets : $48.63 Mil (As of Dec. 2023)

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What is Oriental Culture Holding Total Assets?

Oriental Culture Holding's Total Assets for the quarter that ended in Dec. 2023 was $48.63 Mil.

During the past 12 months, Oriental Culture Holding's average Total Assets Growth Rate was -23.50% per year. During the past 3 years, the average Total Assets Growth Rate was 13.90% per year. During the past 5 years, the average Total Assets Growth Rate was 67.30% per year.

During the past 6 years, Oriental Culture Holding's highest 3-Year average Total Assets Growth Rate was 94.60%. The lowest was 13.90%. And the median was 92.50%.

Total Assets is connected with ROA %. Oriental Culture Holding's annualized ROA % for the quarter that ended in Dec. 2023 was -5.96%. Total Assets is also linked to Revenue through Asset Turnover. Oriental Culture Holding's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

Oriental Culture Holding Total Assets Historical Data

The historical data trend for Oriental Culture Holding'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.

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Oriental Culture Holding Total Assets Chart

Oriental Culture Holding Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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14.71

41.11

50.84

53.39

48.63

Oriental Culture Holding Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial							50.84	57.67	53.39	49.53	48.63

Oriental Culture Holding 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 Culture Holding'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 )
	=	45.55	+	3.081
	=	48.63

Oriental Culture Holding's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	45.55	+	3.081
	=	48.63

Oriental Culture Holding (NAS:OCG) Total Assets Explanation

Total Assets is connected with ROA %.

Oriental Culture Holding's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-2.924	/	( (49.534	+	48.631)	/ 2 )
	=	-2.924	/	49.0825
	=	-5.96 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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 Culture Holding's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0.781	/	( (49.534	+	48.631)	/ 2 )
=	0.781	/	49.0825
=	0.02

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 Culture Holding Total Assets Related Terms

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Oriental Culture Holding (Oriental Culture Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Oriental Culture Holding Ltd (NAS:OCG) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

198-200 Queen’s Road Central, Room 1402, Richmake Commercial Building, Hong Kong, HKG

Website

http://www.ocgroup.hk

Oriental Culture Holding Ltd is an online provider of collectibles and artwork e-commerce services. The company also offers online and offline integrated marketing, storage, and technical maintenance service to customers in China and Hong Kong. It operates through one segment namely, e-commerce of artwork trading. It generates revenue through listing service fees, transaction fees, and other revenues collected from traders.