2023 Q4 Form 20-F Financial Statement
#000121390024038842 Filed on May 02, 2024
Income Statement
Concept | 2023 Q4 | 2023 | 2022 Q4 |
---|---|---|---|
Revenue | $24.12M | $24.12M | $24.31M |
YoY Change | -0.76% | -0.76% | |
Cost Of Revenue | $11.34M | $11.34M | $11.66M |
YoY Change | -2.73% | -2.73% | |
Gross Profit | $12.78M | $12.78M | $12.65M |
YoY Change | 1.06% | 1.06% | |
Gross Profit Margin | 53.0% | 53.0% | 52.04% |
Selling, General & Admin | $1.378M | $1.378M | $738.0K |
YoY Change | 86.72% | 86.72% | |
% of Gross Profit | 10.78% | 10.78% | 5.83% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $559.0K | $1.111M | $939.0K |
YoY Change | -40.47% | 18.32% | |
% of Gross Profit | 4.37% | 8.69% | 7.42% |
Operating Expenses | $1.378M | $1.378M | $738.0K |
YoY Change | 86.72% | 86.72% | |
Operating Profit | $11.41M | $11.41M | $11.91M |
YoY Change | -4.25% | -4.25% | |
Interest Expense | -$56.00K | -$56.00K | $4.000K |
YoY Change | -1500.0% | -1500.0% | |
% of Operating Profit | -0.49% | -0.49% | 0.03% |
Other Income/Expense, Net | $33.00K | $126.0K | $25.00K |
YoY Change | 32.0% | 24.75% | |
Pretax Income | $11.38M | $11.38M | $11.94M |
YoY Change | -4.67% | -4.67% | |
Income Tax | -$118.0K | -$118.0K | $88.00K |
% Of Pretax Income | -1.04% | -1.04% | 0.74% |
Net Earnings | $11.50M | $11.50M | $11.85M |
YoY Change | -2.97% | -2.97% | |
Net Earnings / Revenue | 47.68% | 47.68% | 48.77% |
Basic Earnings Per Share | $0.96 | ||
Diluted Earnings Per Share | $0.53 | $0.96 | $0.55 |
COMMON SHARES | |||
Basic Shares Outstanding | 20.00M shares | 12.00M shares | |
Diluted Shares Outstanding | 12.00M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 | 2022 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $36.71M | $36.71M | $25.74M |
YoY Change | 42.63% | 42.63% | |
Cash & Equivalents | $36.71M | $25.74M | |
Short-Term Investments | |||
Other Short-Term Assets | $10.00K | $10.00K | $5.000K |
YoY Change | 100.0% | 100.0% | |
Inventory | $2.014M | $2.014M | $1.948M |
Prepaid Expenses | |||
Receivables | $936.0K | $936.0K | $859.0K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $39.67M | $39.67M | $28.55M |
YoY Change | 38.95% | 38.95% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $27.38M | $27.56M | $20.40M |
YoY Change | 34.21% | 34.19% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $488.0K | $488.0K | $7.153M |
YoY Change | -93.18% | -93.18% | |
Total Long-Term Assets | $28.05M | $28.05M | $27.69M |
YoY Change | 1.29% | 1.29% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $39.67M | $39.67M | $28.55M |
Total Long-Term Assets | $28.05M | $28.05M | $27.69M |
Total Assets | $67.72M | $67.72M | $56.24M |
YoY Change | 20.41% | 20.41% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $105.0K | ||
YoY Change | |||
Accrued Expenses | $60.00K | $60.00K | $11.00K |
YoY Change | 445.45% | 93.55% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $2.686M | $2.686M | $2.565M |
YoY Change | 4.72% | 4.72% | |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $4.478M | $4.478M | $3.391M |
YoY Change | 32.06% | 32.06% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $200.0K | $200.0K | $159.0K |
YoY Change | 25.79% | 25.79% | |
Total Long-Term Liabilities | $200.0K | $200.0K | $159.0K |
YoY Change | 25.79% | 25.79% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.478M | $4.478M | $3.391M |
Total Long-Term Liabilities | $200.0K | $200.0K | $159.0K |
Total Liabilities | $4.678M | $4.678M | $3.550M |
YoY Change | 31.77% | 31.77% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $62.62M | $51.12M | |
YoY Change | 22.5% | ||
Common Stock | $16.00K | $10.00K | |
YoY Change | 60.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $63.04M | $63.04M | $52.69M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $67.72M | $67.72M | $56.24M |
YoY Change | 20.41% | 20.41% |
Cashflow Statement
Concept | 2023 Q4 | 2023 | 2022 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $11.50M | $11.50M | $11.85M |
YoY Change | -2.97% | -2.97% | |
Depreciation, Depletion And Amortization | $559.0K | $1.111M | $939.0K |
YoY Change | -40.47% | 18.32% | |
Cash From Operating Activities | $5.073M | $12.64M | $13.58M |
YoY Change | -62.64% | -6.94% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $120.0K | $1.763M | $2.000K |
YoY Change | 5900.0% | 88050.0% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $39.00K | $80.00K | $65.00K |
YoY Change | -40.0% | 23.08% | |
Cash From Investing Activities | -$81.00K | -$1.683M | $63.00K |
YoY Change | -228.57% | -2771.43% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 115.0K | $585.0K | 384.0K |
YoY Change | -70.05% | 52.34% | |
NET CHANGE | |||
Cash From Operating Activities | 5.073M | $12.64M | 13.58M |
Cash From Investing Activities | -81.00K | -$1.683M | 63.00K |
Cash From Financing Activities | 115.0K | $585.0K | 384.0K |
Net Change In Cash | 5.107M | $11.54M | 14.03M |
YoY Change | -63.59% | -17.73% | |
FREE CASH FLOW | |||
Cash From Operating Activities | $5.073M | $12.64M | $13.58M |
Capital Expenditures | $120.0K | $1.763M | $2.000K |
Free Cash Flow | $4.953M | $10.87M | $13.58M |
YoY Change | -63.52% | -19.91% |
Facts In Submission
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1111000 | usd |
CY2022 | orhl |
Finance Costs
FinanceCosts
|
72000 | usd |
CY2023 | orhl |
Finance Costs
FinanceCosts
|
149000 | usd |
CY2022 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
65000 | usd |
CY2023 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
80000 | usd |
CY2022 | orhl |
Operating Profit Before Working Capital Changes
OperatingProfitBeforeWorkingCapitalChanges
|
12887000 | usd |
CY2023 | orhl |
Operating Profit Before Working Capital Changes
OperatingProfitBeforeWorkingCapitalChanges
|
12563000 | usd |
CY2022 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
37000 | usd |
CY2023 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
106000 | usd |
CY2022 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-913000 | usd |
CY2023 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
95000 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
5000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-27000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
425000 | usd |
CY2022 | orhl |
Increase Decreasein Cash Generated From Operations
IncreaseDecreaseinCashGeneratedFromOperations
|
13736000 | usd |
CY2023 | orhl |
Increase Decreasein Cash Generated From Operations
IncreaseDecreaseinCashGeneratedFromOperations
|
12782000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-158000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-146000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
13578000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
12636000 | usd |
CY2022 | orhl |
Interest Received
InterestReceived
|
65000 | usd |
CY2023 | orhl |
Interest Received
InterestReceived
|
80000 | usd |
CY2022 | us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
2000 | usd |
CY2023 | us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
1763000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
63000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1683000 | usd |
CY2023 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
141000 | usd |
CY2022 | orhl |
Proceeds From Interest Paid
ProceedsFromInterestPaid
|
-61000 | usd |
CY2023 | orhl |
Proceeds From Interest Paid
ProceedsFromInterestPaid
|
-136000 | usd |
CY2022 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
474000 | usd |
CY2023 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
609000 | usd |
CY2022 | orhl |
Lease Payments
LeasePayments
|
-29000 | usd |
CY2023 | orhl |
Lease Payments
LeasePayments
|
-29000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
384000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
585000 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
14025000 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
11538000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
10793000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
23174000 | usd |
CY2022 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-1644000 | usd |
CY2023 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-546000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
23174000 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
34166000 | usd |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
Use of Estimates<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Although these estimates are based on the Company’s knowledge of current events and actions the Company may undertake in the future, actual results could differ from those estimates and assumptions. Significant items subject to such estimates and assumptions include the useful lives of fixed assets and the valuation of financial instruments and inventories.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s results can also be affected by economic, political, legislative, regulatory, legal actions, and the impact from COVID-19. Economic conditions, such as inflation, interest and monetary exchange rates, and government fiscal policies, can have a significant effect on operations. While the Company maintains reserves for anticipated liabilities and carries various levels of insurance, the Company could be affected by civil, criminal, environmental, regulatory or administrative actions, claims, or proceedings.</p> | |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.50 | pure |
CY2023 | us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
149000 | usd |
CY2022 | us-gaap |
Revenues
Revenues
|
24306000 | usd |
CY2023 | us-gaap |
Revenues
Revenues
|
24122000 | usd |
CY2023 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segments |
CY2022 | us-gaap |
Revenues
Revenues
|
24306000 | usd |
CY2023 | us-gaap |
Revenues
Revenues
|
24122000 | usd |
CY2022 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
11656000 | usd |
CY2023 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
11338000 | usd |
CY2022 | us-gaap |
Gross Profit
GrossProfit
|
12650000 | usd |
CY2023 | us-gaap |
Gross Profit
GrossProfit
|
12784000 | usd |
CY2022 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
65000 | usd |
CY2023 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
80000 | usd |
CY2022 | orhl |
Other Non Operating Income Government Grants
OtherNonOperatingIncomeGovernmentGrants
|
31000 | usd |
CY2023 | orhl |
Other Non Operating Income Government Grants
OtherNonOperatingIncomeGovernmentGrants
|
46000 | usd |
CY2022 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
5000 | usd |
CY2022 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
101000 | usd |
CY2023 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
126000 | usd |
CY2022 | us-gaap |
Financing Interest Expense
FinancingInterestExpense
|
72000 | usd |
CY2022Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
439000 | usd |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
444000 | usd |
CY2022Q4 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
1000 | usd |
CY2022Q4 | orhl |
Defined Contribution Retirement Plan Contributions
DefinedContributionRetirementPlanContributions
|
94000 | usd |
CY2023Q4 | orhl |
Defined Contribution Retirement Plan Contributions
DefinedContributionRetirementPlanContributions
|
89000 | usd |
CY2022 | us-gaap |
Defined Benefit Plan Benefit Obligation Contributions By Plan Participant
DefinedBenefitPlanBenefitObligationContributionsByPlanParticipant
|
534000 | usd |
CY2023 | us-gaap |
Defined Benefit Plan Benefit Obligation Contributions By Plan Participant
DefinedBenefitPlanBenefitObligationContributionsByPlanParticipant
|
533000 | usd |
CY2022Q4 | orhl |
Depreciation Of Property Plant And Equipment
DepreciationOfPropertyPlantAndEquipment
|
919000 | usd |
CY2023Q4 | orhl |
Depreciation Of Property Plant And Equipment
DepreciationOfPropertyPlantAndEquipment
|
1091000 | usd |
CY2022 | orhl |
Depreciation Of Rightofuse Assets
DepreciationOfRightofuseAssets
|
20000 | usd |
CY2023 | orhl |
Depreciation Of Rightofuse Assets
DepreciationOfRightofuseAssets
|
20000 | usd |
CY2022 | orhl |
Directors Remuneration
DirectorsRemuneration
|
17000 | usd |
CY2023 | orhl |
Directors Remuneration
DirectorsRemuneration
|
46000 | usd |
CY2022Q4 | orhl |
Expense For Listing On Hong Kong Stock Exchange
ExpenseForListingOnHongKongStockExchange
|
69000 | usd |
CY2023Q4 | orhl |
Expense For Listing On Nasdaq Stock Exchange
ExpenseForListingOnNasdaqStockExchange
|
731000 | usd |
CY2022 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
219000 | usd |
CY2023 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
83000 | usd |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-131000 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-201000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
88000 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-118000 | usd |
CY2023 | orhl |
Foreign Investment
ForeignInvestment
|
0.25 | pure |
CY2022 | us-gaap |
Income Loss Attributable To Parent
IncomeLossAttributableToParent
|
11941000 | usd |
CY2023 | us-gaap |
Income Loss Attributable To Parent
IncomeLossAttributableToParent
|
11383000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
3024000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
2898000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-3268000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-3132000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
289000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
159000 | usd |
CY2022 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
43000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
|
-43000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
88000 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-118000 | usd |
CY2022Q4 | us-gaap |
Due From Banks
DueFromBanks
|
25734000 | usd |
CY2023Q4 | us-gaap |
Due From Banks
DueFromBanks
|
36709000 | usd |
CY2022Q4 | us-gaap |
Cash
Cash
|
5000 | usd |
CY2023Q4 | us-gaap |
Cash
Cash
|
2000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
25739000 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
36711000 | usd |
CY2022Q4 | us-gaap |
Bank Overdrafts
BankOverdrafts
|
2565000 | usd |
CY2023Q4 | us-gaap |
Bank Overdrafts
BankOverdrafts
|
2545000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
23174000 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
34166000 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
859000 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
936000 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
1948000 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
2014000 | usd |
CY2022Q4 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
6860000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
11000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
16000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
33000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
70000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
126000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
130000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
170000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
216000 | usd |
CY2021Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
182000 | usd |
CY2022 | us-gaap |
Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
|
131000 | usd |
CY2022 | orhl |
Deferred Income Tax Exchange Adjustments
DeferredIncomeTaxExchangeAdjustments
|
-20000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
293000 | usd |
CY2023 | us-gaap |
Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
|
201000 | usd |
CY2023 | orhl |
Deferred Income Tax Exchange Adjustments
DeferredIncomeTaxExchangeAdjustments
|
-6000 | usd |
CY2023Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
488000 | usd |
CY2022Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
19000 | usd |
CY2023Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
23000 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
40000 | usd |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
455000 | usd |
CY2022Q4 | orhl |
Deferred Government Grants
DeferredGovernmentGrants
|
45000 | usd |
CY2023Q4 | orhl |
Deferred Government Grants
DeferredGovernmentGrants
|
30000 | usd |
CY2022Q4 | orhl |
Other Tax Payables
OtherTaxPayables
|
1000 | usd |
CY2023Q4 | orhl |
Other Tax Payables
OtherTaxPayables
|
21000 | usd |
CY2022Q4 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
105000 | usd |
CY2023Q4 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
529000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
519000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1122000 | usd |
CY2023Q1 | us-gaap |
Payments To Fund Policy Loans
PaymentsToFundPolicyLoans
|
1000000000 | cny |
CY2023Q1 | us-gaap |
Payments To Fund Policy Loans
PaymentsToFundPolicyLoans
|
141000000 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Term
DebtInstrumentTerm
|
P1Y | |
CY2023Q1 | us-gaap |
Short Term Debt Percentage Bearing Variable Interest Rate
ShortTermDebtPercentageBearingVariableInterestRate
|
0.005 | pure |
CY2022 | orhl |
Capital Authorized
CapitalAuthorized
|
380000000 | hkd |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
38000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q1 | orhl |
Capital Authorized
CapitalAuthorized
|
100000000 | usd |
CY2023Q1 | us-gaap |
Stock Dividends Shares
StockDividendsShares
|
100000000 | shares |
CY2023Q1 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
0.5 | |
CY2023Q1 | orhl |
Share Premium
SharePremium
|
3194000 | usd |
CY2023Q3 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
1.25 | shares |
CY2023Q3 | us-gaap |
Stock Dividends Shares
StockDividendsShares
|
100000000 | shares |
CY2023Q3 | orhl |
Capital Authorized
CapitalAuthorized
|
100000000 | usd |
CY2023 | orhl |
Statutory Surplus Required
StatutorySurplusRequired
|
0.10 | pure |
CY2023 | orhl |
Registered Capital
RegisteredCapital
|
0.25 | pure |
CY2022Q4 | us-gaap |
Securities Loaned Including Not Subject To Master Netting Arrangement And Assets Other Than Securities Transferred
SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred
|
2570000000 | usd |
CY2023Q4 | us-gaap |
Securities Loaned Including Not Subject To Master Netting Arrangement And Assets Other Than Securities Transferred
SecuritiesLoanedIncludingNotSubjectToMasterNettingArrangementAndAssetsOtherThanSecuritiesTransferred
|
6519000000 | usd |
CY2022 | us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
2565000000 | usd |
CY2023 | us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
2686000000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
27182000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
26630000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
4315000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
11895000 | usd |
CY2022Q4 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
6860000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
16007000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
14735000 | usd |
CY2023Q4 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
usd | |
CY2022Q4 | us-gaap |
Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
|
usd | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.96 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.99 | |
CY2023 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
usd | |
CY2022 | us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
usd | |
CY2022 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
usd | |
CY2023 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
usd | |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
usd | |
CY2023Q4 | orhl |
Expense For Listing On Hong Kong Stock Exchange
ExpenseForListingOnHongKongStockExchange
|
usd | |
CY2022Q4 | orhl |
Expense For Listing On Nasdaq Stock Exchange
ExpenseForListingOnNasdaqStockExchange
|
usd | |
CY2023 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
usd | |
CY2022 | us-gaap |
Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
|
usd | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Excluding Lessor Asset Under Operating Lease Before Accumulated Depreciation
PropertyPlantAndEquipmentExcludingLessorAssetUnderOperatingLeaseBeforeAccumulatedDepreciation
|
1091000000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Excluding Lessor Asset Under Operating Lease Before Accumulated Depreciation
PropertyPlantAndEquipmentExcludingLessorAssetUnderOperatingLeaseBeforeAccumulatedDepreciation
|
919000000 | usd |
CY2023Q4 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
usd | |
CY2023Q4 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
usd | |
CY2023 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2023 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2023 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001964664 | |
CY2023 | dei |
No Trading Symbol Flag
NoTradingSymbolFlag
|
true | |
CY2023 | dei |
Security Exchange Name
SecurityExchangeName
|
NONE |