Tian Ruixiang Holdings (Tian Ruixiang Holdings) Retained Earnings : $-7.29 Mil (As of Apr. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Tian Ruixiang Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tian Ruixiang Holdings's retained earnings for the quarter that ended in Apr. 2023 was $-7.29 Mil.

Tian Ruixiang Holdings's quarterly retained earnings declined from Apr. 2022 ($-4.59 Mil) to Oct. 2022 ($-5.80 Mil) and declined from Oct. 2022 ($-5.80 Mil) to Apr. 2023 ($-7.29 Mil).

Tian Ruixiang Holdings's annual retained earnings declined from Oct. 2020 ($0.88 Mil) to Oct. 2021 ($-1.09 Mil) and declined from Oct. 2021 ($-1.09 Mil) to Oct. 2022 ($-5.80 Mil).

Tian Ruixiang Holdings Retained Earnings Historical Data

The historical data trend for Tian Ruixiang Holdings's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tian Ruixiang Holdings Retained Earnings Chart

Tian Ruixiang Holdings Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Retained Earnings

Get a 7-Day Free Trial

0.22

0.30

0.88

-1.09

-5.80

Tian Ruixiang Holdings Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
Retained Earnings	Get a 7-Day Free Trial							0.48	-1.09	-4.59	-5.80	-7.29

Tian Ruixiang Holdings Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Tian Ruixiang Holdings (NAS:TIRX) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Tian Ruixiang Holdings (Tian Ruixiang Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tian Ruixiang Holdings Ltd (NAS:TIRX) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

North East Third Ring Road, Room 1001, 10 / F, No. 25, Chaoyang District, Beijing, CHN

Website

http://www.tianrx.com

Tian Ruixiang Holdings Ltd is an Insurance Brokerage firm. It distributes a wide range of insurance products, which are categorized into two groups; property and casualty insurance, such as commercial property insurance, liability insurance, accidental insurance, and automobile insurance; and other insurances, such as health insurance, life insurance, and miscellaneous insurances. It also generates a small amount of revenue from risk management services. The firm act on behalf of its customers seeking insurance coverage from insurance companies. It generates revenue from the provision of insurance brokerage services.