TIRXF (Tian Ruixiang Holdings) Net-Net Working Capital: $578.85 (As of Apr. 2025)

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What is Tian Ruixiang Holdings Net-Net Working Capital?

Tian Ruixiang Holdings TIRXF +50.00% Net-Net Working Capital is $578.85 as of Apr. 2025. Among 63 Insurance companies, Tian Ruixiang Holdings ranks worse than 1587300% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Tian Ruixiang Holdings's Net-Net Working Capital for the quarter that ended in Apr. 2025 was $578.85.

The industry rank for Tian Ruixiang Holdings's Net-Net Working Capital or its related term are showing as below:

TIRXF's Price-to-Net-Net-Working-Capital is not ranked *
in the Insurance industry.
Industry Median: 8.33
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Tian Ruixiang Holdings  (OTCPK:TIRXF) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Tian Ruixiang Holdings Net-Net Working Capital Related Terms


Tian Ruixiang Holdings Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Tian Ruixiang Holdings's Net-Net Working Capital 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.

Tian Ruixiang Holdings Net-Net Working Capital Chart

Tian Ruixiang Holdings Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Net-Net Working Capital
Get a 7-Day Free Trial 5,651.25 14,454.38 12,335.63 7,916.75 2,335.80

Tian Ruixiang Holdings Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11,185.50 7,916.75 3,639.83 2,335.80 578.85

TIRXF vs MRSH, AON, AJG: Net-Net Working Capital Comparison

For the Insurance Brokers subindustry, Tian Ruixiang Holdings's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tian Ruixiang Holdings Price-to-Net-Net-Working-Capital vs Insurance Industry

For the Insurance industry and Financial Services sector, Tian Ruixiang Holdings's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Tian Ruixiang Holdings's Price-to-Net-Net-Working-Capital falls into.



Tian Ruixiang Holdings Net-Net Working Capital Calculation

Tian Ruixiang Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Oct. 2024 is calculated as

Net-Net Working Capital(A: Oct. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(28.388+0.75 * 1.412+0.5 * 0-6.089
-0-0)/0.010
=2,335.80

Tian Ruixiang Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Apr. 2025 is calculated as

Net-Net Working Capital(Q: Apr. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(27.964+0.75 * 0.308+0.5 * 0-4.462
-0-0)/0.041
=578.85

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of $578.85 mean?
Tian Ruixiang Holdings (TIRXF) has a Net-Net Working Capital of $578.85 as of Apr. 2025. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Tian Ruixiang Holdings According to the industry distribution chart, Tian Ruixiang Holdings ranks #999999 out of 63 companies in the Insurance industry.
Is Tian Ruixiang Holdings' Net-Net Working Capital too high?
Tian Ruixiang Holdings' current Net-Net Working Capital is $578.85. The Insurance industry median Net-Net Working Capital is 8.33. Tian Ruixiang Holdings' value of $578.85 is 6849% above this industry median. Based on the distribution chart, Tian Ruixiang Holdings ranks #999999 out of 63 companies in the Insurance industry, which is in the bottom quartile relative to peers.
How does Tian Ruixiang Holdings' Net-Net Working Capital compare to MRSH and AON?
According to the Insurance industry distribution chart, Tian Ruixiang Holdings ranks #999999 out of 63 companies for Net-Net Working Capital. This places Tian Ruixiang Holdings in the lower half of its industry. The industry median Net-Net Working Capital is 8.33. Tian Ruixiang Holdings' value of $578.85 is 6849% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for an Insurance company?
The median Net-Net Working Capital among Insurance companies is 8.33, based on 63 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tian Ruixiang Holdings's current Net-Net Working Capital of $578.85 is 6849% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Tian Ruixiang Holdings For the Insurance industry, the median Net-Net Working Capital is 8.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian Ruixiang Holdings's current Net-Net Working Capital is $578.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Ruixiang Holdings stock overvalued right now?
Tian Ruixiang Holdings (TIRXF) has a current Net-Net Working Capital of $578.85. The current Net-Net Working Capital is $578.85 and 6849% above the Insurance industry median of 8.33. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Tian Ruixiang Holdings (TIRXF), the current Net-Net Working Capital is $578.85 as of Apr. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tian Ruixiang Holdings Business Description

Address Room 918, Jingding Building, Xicheng District, Beijing, CHN, 100000
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.