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Financial Services - Insurance - Brokers - NASDAQ - CN
$ 1.61
-1.83 %
$ 3.84 M
Market Cap
-0.34
P/E
1. INTRINSIC VALUE

Tian Ruixiang Holdings Ltd, together its subsidiaries, operates as an insurance broker in China and the United States. The company distributes a range of insurance products, including property and casualty insurance, such as automobile insurance, commercial property insurance, liability insurance, and accidental insurance; and life insurance comprising individual and group life insurances. It serves individual or institutional customers. Tian Ruixiang Holdings Ltd was founded in 2010 and is headquartered in Beijing, China.[ Read More ]

The intrinsic value of one TIRX stock under the base case scenario is HIDDEN Compared to the current market price of 1.61 USD, Tian Ruixiang Holdings Ltd is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart TIRX

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FINANCIALS
1.24 M REVENUE
-7.96%
-3.02 M OPERATING INCOME
40.49%
-2.45 M NET INCOME
47.61%
994 K OPERATING CASH FLOW
600.25%
-993 K INVESTING CASH FLOW
96.56%
-283 FINANCING CASH FLOW
99.87%
178 K REVENUE
0.00%
-2.96 M OPERATING INCOME
0.00%
-1.3 M NET INCOME
-0.00%
129 K OPERATING CASH FLOW
0.00%
27.4 M INVESTING CASH FLOW
100.00%
58 K FINANCING CASH FLOW
100.00%
Balance Sheet Decomposition Tian Ruixiang Holdings Ltd
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Current Assets 27.6 M
Cash & Short-Term Investments 26.8 M
Receivables 19 K
Other Current Assets 800 K
Non-Current Assets 7.86 M
Long-Term Investments 0
PP&E 61.2 K
Other Non-Current Assets 7.8 M
Current Liabilities 3.06 M
Accounts Payable 0
Short-Term Debt 57.4 K
Other Current Liabilities 3.01 M
Non-Current Liabilities 0
Long-Term Debt 0
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Tian Ruixiang Holdings Ltd
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Revenue 1.24 M
Cost Of Revenue 461 K
Gross Profit 783 K
Operating Expenses 3.8 M
Operating Income -3.02 M
Other Expenses -562 K
Net Income -2.45 M
RATIOS
62.97% GROSS MARGIN
62.97%
-242.42% OPERATING MARGIN
-242.42%
-197.23% NET MARGIN
-197.23%
-7.57% ROE
-7.57%
-6.92% ROA
-6.92%
-9.96% ROIC
-9.96%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Tian Ruixiang Holdings Ltd
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Net Income -2.45 M
Depreciation & Amortization 79.8 K
Capital Expenditures 0
Stock-Based Compensation 1.45 M
Change in Working Capital 1.91 M
Others 1.63 M
Free Cash Flow 994 K
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Tian Ruixiang Holdings Ltd
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TIRX has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Tian Ruixiang Holdings Ltd
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
TIAN RUIXIANG Holdings Ltd Reports Financial Results for the Half Year Ended April 30, 2024 BEIJING, Aug. 16, 2024 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced its financial results for the half year ended April 30, 2024. globenewswire.com - 3 months ago
TIAN RUIXIANG Holdings Ltd Regains Compliance with Nasdaq's Periodic Filing Requirement BEIJING, July 23, 2024 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced that the Company received a written notification from the Nasdaq Stock Market LLC ("Nasdaq") on July 18, 2024, informing the Company that it has regained compliance with Nasdaq's periodic filing requirement set forth under Listing Rule 5250(c)(1), because the Company had filed its annual report on Form 20-F for the period ended October 31, 2023 on July 17, 2024. globenewswire.com - 3 months ago
TIAN RUIXIANG Holdings Ltd Reports Financial Results for Fiscal Year Ended October 31, 2023 BEIJING, July 17, 2024 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced its financial results for the fiscal year ended October 31, 2023. globenewswire.com - 4 months ago
TIAN RUIXIANG Holdings Ltd Regains Compliance with Nasdaq Minimum Bid Price Requirement and Receives an Extension on Compliance with Nasdaq Filing Requirement BEIJING, June 03, 2024 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced that the Company received a written notification (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") on May 29, 2024, informing the Company that it has regained compliance with Nasdaq's minimum bid price requirement under Listing Rule 5550(a)(2). According to the Notification Letter, as of May 28, 2024, the Company has maintained a closing bid price of $1.00 per share or greater for ten consecutive business days. globenewswire.com - 5 months ago
TIAN RUIXIANG Holdings Ltd. Announces 1-for-5 Share Consolidation BEIJING, May 08, 2024 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced that the Company held an extraordinary general meeting of shareholders on Monday, May 6, 2024, at which the shareholders approved the proposal for a 1-for-5 reverse share split of the Company's ordinary shares (the "Share Consolidation"). No fractional shares will be issued in connection with the Share Consolidation, and all fractional shares (after aggregating all fractional shares that would otherwise be received by a shareholder) resulting from the Share Consolidation will be rounded up to the whole number of shares. globenewswire.com - 6 months ago
Why Is Tian Ruixiang (TIRX) Stock Up 209% Today? Tian Ruixiang (NASDAQ: TIRX ) stock is rocketing higher on Thursday after announcing plans for an extraordinary general shareholders meeting. Tian Ruixiang will be holding this special shareholder meeting on May 6. investorplace.com - 6 months ago
TIAN RUIXIANG Holdings Ltd Receives Notification of Non-compliance from Nasdaq Relating to Late Filing of Annual Report on Form 20-F BEIJING, March 25, 2024 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced that on March 20, 2024, it received a notice of non-compliance from Nasdaq Listing Qualifications which states that, as a result of not having timely filed its annual report on Form 20-F for the fiscal year ended October 31, 2023 (the "2023 Form 20-F"), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic reports with the Securities and Exchange Commission (the "SEC"). This notice has no immediate effect on the listing or trading of TIRX's Class A ordinary shares on the Nasdaq Capital Market. globenewswire.com - 7 months ago
TIAN RUIXIANG Holdings Ltd's Subsidiary Enters into Sale and Purchase Agreement for Licensed Insurance Broker in Hong Kong BEIJING, Feb. 14, 2024 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced that TRX HongKong Investment Limited (“TRX HongKong”), a wholly-owned subsidiary of the Company, has entered into a sale and purchase agreement (the “SPA”) to acquire Peak Consulting Services Limited (the “Target") from Yuefu Company Limited (the “Vendor”), the sole shareholder of the Target. The Target is a licensed insurance brokerage in Hong Kong. This strategic acquisition represents a milestone in the Company's business to expand into the Hong Kong insurance brokerage market. globenewswire.com - 9 months ago
TIAN RUIXIANG Holdings Ltd Enters into Memorandum of Understanding to Acquire Licensed Insurance Broker in Hong Kong BEIJING, Jan. 08, 2024 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced that TRX HongKong Investment Limited (“TRX HongKong”), a wholly-owned subsidiary of the Company, has entered into a Memorandum of Understanding (the “MoU”) to acquire Peak Consulting Services Limited (the “Target”), a licensed insurance brokerage in Hong Kong. The proposed acquisition demonstrates the Company's strategic vision to expand into the Hong Kong insurance brokerage market. globenewswire.com - 10 months ago
TIAN RUIXIANG Holdings Ltd Receives Nasdaq Notice of Deficiency Regarding Minimum Bid Price Requirement BEIJING, Dec. 05, 2023 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced that on November 30, 2023, it received a written notice (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), indicating that the Company is not in compliance with the minimum bid price requirement of US$1.00 per share under the Nasdaq Listing Rules (the "Listing Rules"). Based on the closing bid price of the Company's Class A ordinary shares for the last 30 consecutive business days from October 17, 2023 to November 29, 2023, the Company no longer meets the minimum bid price requirement set forth in Listing Rule 5550(a)(2). The Notice does not impact the Company's listing on the Nasdaq Capital Market at this time. In accordance with Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until May 28, 2024, to regain compliance with Listing Rule 5550(a)(2). To regain compliance, the Company's Class A ordinary shares must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days. In the event the Company does not regain compliance by May 28, 2024, the Company may be eligible for additional time to regain compliance or may face delisting. globenewswire.com - 11 months ago
Why Is Tian Ruixiang (TIRX) Stock Up 53% Today? Tian Ruixiang (NASDAQ: TIRX ) stock is rising higher on Monday after the insurance broker company revealed a share transfer Unitrust Holdings Limited has obtained a 61.22% stake in Tian Ruixiang after acquiring shares from Wang Investor Co. Ltd. That saw it obtain 106,500 Class A shares for $10,000 and 250,000 Class B shares for $15,000. investorplace.com - 1 year ago
Why Is Tian Ruixiang (TIRX) Stock Down 3% Today? Tian Ruixiang (NASDAQ: TIRX ) stock is slipping on Tuesday morning despite a lack of news from the Chinese insurance brokerage services company. Tian Ruixiang shares aren't seeing much in the way of trading this morning with only about 2,000 shares having traded hands. investorplace.com - 1 year ago
8. Profile Summary

Tian Ruixiang Holdings Ltd TIRX

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COUNTRY CN
INDUSTRY Insurance - Brokers
MARKET CAP $ 3.84 M
Dividend Yield 0.00%
Description Tian Ruixiang Holdings Ltd, together its subsidiaries, operates as an insurance broker in China and the United States. The company distributes a range of insurance products, including property and casualty insurance, such as automobile insurance, commercial property insurance, liability insurance, and accidental insurance; and life insurance comprising individual and group life insurances. It serves individual or institutional customers. Tian Ruixiang Holdings Ltd was founded in 2010 and is headquartered in Beijing, China.
Contact 30A Jingyuan Art Center, Beijing, 100124 https://www.tianrx.com
IPO Date Jan. 28, 2021
Employees 9
Officers Mr. Sheng Xu Chief Executive Officer & Chairman