Tian Ruixiang Holdings (Tian Ruixiang Holdings) Net Margin % : -204.97% (As of Apr. 2023)

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What is Tian Ruixiang Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Tian Ruixiang Holdings's Net Income for the six months ended in Apr. 2023 was $-1.49 Mil. Tian Ruixiang Holdings's Revenue for the six months ended in Apr. 2023 was $0.73 Mil. Therefore, Tian Ruixiang Holdings's net margin for the quarter that ended in Apr. 2023 was -204.97%.

The historical rank and industry rank for Tian Ruixiang Holdings's Net Margin % or its related term are showing as below:

TIRX' s Net Margin % Range Over the Past 10 Years
Min: -346.45 Med: 14.15 Max: 62.9
Current: -235.72

TIRX's Net Margin % is ranked worse than
99.38% of 485 companies
in the Insurance industry
Industry Median: 7.39 vs TIRX: -235.72

Tian Ruixiang Holdings Net Margin % Historical Data

The historical data trend for Tian Ruixiang Holdings's Net Margin % 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.

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Tian Ruixiang Holdings Net Margin % Chart

Tian Ruixiang Holdings Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Net Margin %

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36.30

8.79

19.51

-69.69

-346.45

Tian Ruixiang Holdings Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
Net Margin %	Get a 7-Day Free Trial							-24.68	-133.54	-370.40	-290.64	-204.97

Competitive Comparison of Tian Ruixiang Holdings's Net Margin %

For the Insurance Brokers subindustry, Tian Ruixiang Holdings's Net Margin %, along with its competitors' market caps and Net Margin % 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's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Tian Ruixiang Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tian Ruixiang Holdings's Net Margin % falls into.

Tian Ruixiang Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Tian Ruixiang Holdings's Net Margin for the fiscal year that ended in Oct. 2022 is calculated as

Net Margin	=	Net Income (A: Oct. 2022 )	/	Revenue (A: Oct. 2022 )
	=	-4.684	/	1.352
	=	-346.45 %

Tian Ruixiang Holdings's Net Margin for the quarter that ended in Apr. 2023 is calculated as

Net Margin	=	Net Income (Q: Apr. 2023 )	/	Revenue (Q: Apr. 2023 )
	=	-1.486	/	0.725
	=	-204.97 %

Tian Ruixiang Holdings (NAS:TIRX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Tian Ruixiang Holdings Net Margin % Related Terms

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Tian Ruixiang Holdings (Tian Ruixiang Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tian Ruixiang Holdings Ltd (NAS:TIRX) » Definitions » Net Margin %

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.