Oriental Rise Ordinary Shares(Oris) Financials: Return On Equity Compared To Industry Average, Plus Other Key Ratios
Profitability Trend (Last 5 Years)
Profitability - return on equity
This chart shows the historical trend of return on equity for ORIS compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Return on Equity (ROE)
Definition: ROE shows how much profit the company earns for its shareholders based on their invested equity. It’s one of the most watched profitability ratios. A consistently high ROE signals strong management and efficient use of shareholder capital. But artificially high ROE may sometimes be boosted by excessive debt.
Interpretation:
• In '2021', ORIS's return on equity was 20.7%, measuring profitability for shareholders. Industry average for Farming/Seeds/Milling in '2021' stood at 9.8%.
• In '2022', ORIS's return on equity was 24.2%, measuring profitability for shareholders. The increase since '2021' reflects strengthening financial performance. Industry average for Farming/Seeds/Milling in '2022' stood at 18.3%. Industry average increased by 8.5% compared to previous year.
• In '2023', ORIS's return on equity was 19.9%, measuring profitability for shareholders. The decline from '2022' may indicate some operational or financial challenges. Industry average for Farming/Seeds/Milling in '2023' stood at 79.1%. Industry average increased by 60.8% compared to previous year.
• In '2024', ORIS's return on equity was 3.1%, measuring profitability for shareholders. The decline from '2023' may indicate some operational or financial challenges. Industry average for Farming/Seeds/Milling in '2024' stood at -77.2%. Industry average declined by 156.3% from previous year.
Overall, ORIS's return on equity has been volatile but showed a downward trend over the past 4 years.
Formula: ROE = Net Income / Shareholders' Equity
Good Range: 10%-20% desirable for many industries.