Tian Ruixiang Holdings Past Earnings Performance
Past criteria checks 0/6
Tian Ruixiang Holdings's earnings have been declining at an average annual rate of -61.6%, while the Insurance industry saw earnings growing at 8.4% annually. Revenues have been declining at an average rate of 14.2% per year.
Key information
-61.6%
Earnings growth rate
-58.5%
EPS growth rate
| Insurance Industry Growth | 8.0% |
| Revenue growth rate | -14.2% |
| Return on equity | -7.6% |
| Net Margin | -197.2% |
| Last Earnings Update | 31 Oct 2023 |
Recent past performance updates
Revenue & Expenses Breakdown
How Tian Ruixiang Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Oct 23 | 1 | -2 | 4 | 0 |
| 31 Jul 23 | 1 | -3 | 4 | 0 |
| 30 Apr 23 | 1 | -3 | 4 | 0 |
| 31 Jan 23 | 1 | -4 | 5 | 0 |
| 31 Oct 22 | 1 | -5 | 6 | 0 |
| 31 Jul 22 | 2 | -5 | 7 | 0 |
| 30 Apr 22 | 2 | -5 | 8 | 0 |
| 31 Jan 22 | 2 | -3 | 6 | 0 |
| 31 Oct 21 | 3 | -2 | 5 | 0 |
| 31 Jul 21 | 3 | -1 | 5 | 0 |
| 30 Apr 21 | 4 | 0 | 4 | 0 |
| 31 Jan 21 | 4 | 1 | 3 | 0 |
| 31 Oct 20 | 3 | 1 | 3 | 0 |
| 31 Jul 20 | 2 | 0 | 2 | 0 |
| 30 Apr 20 | 2 | 0 | 1 | 0 |
| 31 Jan 20 | 2 | 0 | 1 | 0 |
| 31 Oct 19 | 2 | 0 | 2 | 0 |
| 31 Jul 19 | 3 | 1 | 2 | 0 |
| 30 Apr 19 | 3 | 1 | 2 | 0 |
| 31 Jan 19 | 3 | 1 | 2 | 0 |
| 31 Oct 18 | 3 | 1 | 2 | 0 |
| 31 Oct 17 | 2 | 1 | 0 | 0 |
Quality Earnings: TIRX is currently unprofitable.
Growing Profit Margin: TIRX is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TIRX is unprofitable, and losses have increased over the past 5 years at a rate of 61.6% per year.
Accelerating Growth: Unable to compare TIRX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TIRX is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (42%).
Return on Equity
High ROE: TIRX has a negative Return on Equity (-7.57%), as it is currently unprofitable.