Financial Snapshot

Revenue
$1.829M
TTM
Gross Margin
Net Earnings
-$6.240M
TTM
Current Assets
$28.26M
Q2 2024
Current Liabilities
$5.584M
Q2 2024
Current Ratio
505.97%
Q2 2024
Total Assets
$37.97M
Q2 2024
Total Liabilities
$5.625M
Q2 2024
Book Value
$32.34M
Q2 2024
Cash
P/E
-0.6611
Nov 29, 2024 EST
Free Cash Flow
$874.3K
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $1.244M $1.352M $2.791M $3.249M $2.000M $3.090M $1.530M
YoY Change -7.96% -51.56% -14.12% 62.47% -35.28% 101.96%

Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $1.244M $1.352M $2.791M $3.249M $2.000M $3.090M $1.530M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $4.261M $6.270M $5.020M $2.660M $1.860M $1.600M $400.0K
YoY Change -32.05% 24.9% 88.72% 43.01% 16.25% 300.0%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.631K $22.85K $27.45K $27.83K $30.00K $30.00K $10.00K
YoY Change -92.86% -16.74% -1.37% -7.24% 0.0% 200.0%
% of Gross Profit
Operating Expenses $4.261M $6.421M $5.044M $2.689M $1.900M $1.630M $410.0K
YoY Change -33.64% 27.29% 87.58% 41.54% 16.56% 297.56%
Operating Profit -$3.016M -$5.069M -$2.254M $560.1K
YoY Change -40.49% 124.9% -502.36%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense $732.0K $430.0K $310.0K $190.0K $260.0K -$10.00K $10.00K
YoY Change 70.22% 38.71% 63.16% -26.92% -2700.0% -200.0%
% of Operating Profit 33.92%
Other Income/Expense, Net $723.7K $408.4K $333.8K $200.0K $50.00K $40.00K $10.00K
YoY Change 77.22% 22.35% 66.87% 300.03% 25.0% 300.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$2.293M -$4.661M -$1.920M $760.2K $410.0K $1.490M $1.130M
YoY Change -50.81% 142.73% -352.59% 85.4% -72.48% 31.86%
Income Tax $161.3K $23.64K $24.53K $126.1K $240.0K $370.0K $170.0K
% Of Pretax Income 16.58% 58.54% 24.83% 15.04%
Net Earnings -$2.454M -$4.684M -$1.945M $634.1K $180.0K $1.120M $960.0K
YoY Change -47.61% 140.89% -406.66% 252.28% -83.93% 16.67%
Net Earnings / Revenue -197.23% -346.48% -69.68% 19.51% 9.0% 36.25% 62.75%
Basic Earnings Per Share -$3.87 -$1.81 -$1.13 $0.63
Diluted Earnings Per Share -$3.87 -$1.81 -$1.13 $0.63 $0.11 $0.70 $0.60

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

No data

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

No data

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

No data

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $26.80M $26.18M $30.02M $6.140M $6.240M $6.710M
YoY Change 2.37% -12.79% 388.93% -1.6% -7.0%
Cash & Equivalents $0.00 $60.00K $0.00 $6.040M
Short-Term Investments $26.80M $26.18M
Other Short-Term Assets $761.6K $860.0K $1.210M $2.180M $1.670M $1.040M
YoY Change -11.45% -28.93% -44.5% 30.54% 60.58%
Inventory
Prepaid Expenses
Receivables $18.96K $7.550M $320.0K $1.250M $170.0K $260.0K
Other Receivables $38.64K $260.0K $70.00K $0.00 $0.00 $450.0K
Total Short-Term Assets $27.62M $34.86M $31.63M $9.560M $8.090M $8.450M
YoY Change -20.77% 10.21% 230.86% 18.17% -4.26%
Property, Plant & Equipment $61.15K $150.0K $770.0K $330.0K $140.0K $20.00K
YoY Change -59.23% -80.52% 133.33% 135.71% 600.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $20.00K $190.0K $10.00K $10.00K $10.00K
YoY Change -100.0% -89.47% 1800.0% 0.0% 0.0%
Total Long-Term Assets $7.861M $170.0K $8.720M $500.0K $320.0K $290.0K
YoY Change 4524.21% -98.05% 1644.0% 56.25% 10.34%
Total Assets $35.48M $35.03M $40.35M $10.06M $8.410M $8.740M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $1.149M $830.0K $610.0K $470.0K $250.0K $120.0K
YoY Change 38.38% 36.07% 29.79% 88.0% 108.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $370.0K
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.063M $1.490M $1.120M $1.290M $790.0K $1.270M
YoY Change 105.56% 33.04% -13.18% 63.29% -37.8%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $50.00K $240.0K $130.0K $40.00K $0.00
YoY Change -100.0% -79.17% 84.62% 225.0%
Total Long-Term Liabilities $0.00 $50.00K $240.0K $130.0K $40.00K $0.00
YoY Change -100.0% -79.17% 84.62% 225.0%
Total Liabilities $3.063M $1.550M $1.360M $1.420M $830.0K $1.270M
YoY Change 97.63% 13.97% -4.23% 71.08% -34.65%

Ownership

Basic Shares Outstanding

No data

Diluted Shares Outstanding

No data

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 633.3K 2.593M 1.722M 1.000M
Diluted Shares Outstanding 633.3K 2.593M 1.722M 1.000M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $4.1249 Million

About TIAN RUIXIANG HOLDINGS LTD

Tian Ruixiang Holdings Ltd is a CN-based company operating in Insurance industry. The company is headquartered in Beijing, Beijing and currently employs 9 full-time employees. The company went IPO on 2021-01-27. Tian Ruixiang Holdings Ltd is a China-based holding company principally involved in the provision of insurance brokerage services. The firm distributes two major groups of insurance products including property and casualty insurance, such as automobile insurance, commercial property insurance and liability insurance, and life insurance, such as individual life insurance and group life insurance. The firm mainly conducts its businesses in the domestic market.

Industry: Insurance Agents, Brokers & Service Peers: AIX Inc. Huize Holding Ltd Waterdrop Inc.