Oriental Culture Holding LTD (OCG) — payout ratio, three ways
Fiscal year ending 2023-12-31 · sector not classified · payout ratios computed from SEC filings, not taken from a data vendor.
This company is not classified. The SEC files it under SIC 7380, a catch-all that covers businesses with little in common. No sector-specific rule is applied, so the general basis for an operating company — free cash flow — is used. Read the comparison below rather than the single marked figure.
| Basis | Payout | Why it differs |
|---|---|---|
| GAAP earnings | negative | The company lost $556.29 per share, so there are no earnings to pay a dividend out of and no ratio exists. |
| Operating cash flow | 110.4% | Before capital spending, so it understates the payout that free cash flow shows. |
| Free cash flow | 116.6% | What is left after maintaining the business. |
Spread between highest and lowest: 6 percentage points. Same filings, different denominators.
Coverage rating 20 / 100 — Strained. ? Peer standing · not rankedDirection 0/30Stability 10/20
Free cash flow payout, last 2 years
| Fiscal year | Payout |
|---|---|
| 2023-12-31 | 116.6% |
| 2020-12-31 | 60.6% |
The arithmetic
- GAAP earnings — dividends declared per share $618.33 ÷ diluted EPS $-556.29
- Operating cash flow — dividends paid $4.0m ÷ operating cash flow $3.6m
- Free cash flow — dividends paid $4.0m ÷ (operating cash flow $3.6m − capex $0.2m)
Where the figures came from
- 20-F filed 2026-05-14 · accession
0001213900-26-056688 - 20-F filed 2024-04-25 · accession
0001213900-24-036221
Every one is public at sec.gov and free to check. That is the point — you should not have to take my word for any of it.
Caveats on this company
- DPS derived from dividends paid ($618.33); no per-share tag filed
Computed by an open pipeline reading SEC XBRL directly. If any number here looks wrong to you, tell me — that is more useful to me than agreement.