Oriental Fixed Asset Turnover from 2010 to 2024

OCG Stock  USD 1.17  0.02  1.74%   
Oriental Culture's Fixed Asset Turnover is decreasing over the last several years with slightly volatile swings. Fixed Asset Turnover is predicted to flatten to 0.16. During the period from 2010 to 2024 Oriental Culture Holding Fixed Asset Turnover regressed destribution of quarterly values had coefficient of variationof  71.72 and r-value of (0.38). View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.17207119
Current Value
0.16
Quarterly Volatility
12.08158768
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Oriental Culture financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oriental Culture's main balance sheet or income statement drivers, such as Tax Provision of 15.6 K, Depreciation And Amortization of 406.9 K or Interest Expense of 974.7 K, as well as many indicators such as Price To Sales Ratio of 3.67, Dividend Yield of 0.0 or PTB Ratio of 0.13. Oriental financial statements analysis is a perfect complement when working with Oriental Culture Valuation or Volatility modules.
  
Check out the analysis of Oriental Culture Correlation against competitors.

Latest Oriental Culture's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Oriental Culture Holding over the last few years. It is Oriental Culture's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Oriental Culture's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Oriental Fixed Asset Turnover Regression Statistics

Arithmetic Mean16.85
Geometric Mean8.49
Coefficient Of Variation71.72
Mean Deviation8.18
Median18.96
Standard Deviation12.08
Sample Variance145.96
Range46.6914
R-Value(0.38)
Mean Square Error134.68
R-Squared0.14
Significance0.16
Slope(1.02)
Total Sum of Squares2,044

Oriental Fixed Asset Turnover History

2024 0.16
2023 0.17
2022 1.88
2021 3.79
2020 46.85
2019 29.18

About Oriental Culture Financial Statements

Oriental Culture stakeholders use historical fundamental indicators, such as Oriental Culture's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Oriental Culture investors may analyze each financial statement separately, they are all interrelated. For example, changes in Oriental Culture's assets and liabilities are reflected in the revenues and expenses on Oriental Culture's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Oriental Culture Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.17  0.16 

Currently Active Assets on Macroaxis

When determining whether Oriental Culture Holding is a strong investment it is important to analyze Oriental Culture's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Oriental Culture's future performance. For an informed investment choice regarding Oriental Stock, refer to the following important reports:
Check out the analysis of Oriental Culture Correlation against competitors.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oriental Culture. If investors know Oriental will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oriental Culture listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.46)
Earnings Share
(0.62)
Revenue Per Share
0.37
Quarterly Revenue Growth
0.019
Return On Assets
(0.05)
The market value of Oriental Culture Holding is measured differently than its book value, which is the value of Oriental that is recorded on the company's balance sheet. Investors also form their own opinion of Oriental Culture's value that differs from its market value or its book value, called intrinsic value, which is Oriental Culture's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oriental Culture's market value can be influenced by many factors that don't directly affect Oriental Culture's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oriental Culture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oriental Culture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oriental Culture's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.