Tian Ruixiang Holdings (Tian Ruixiang Holdings) Pretax Margin % : -202.21% (As of Apr. 2023)

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What is Tian Ruixiang Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Tian Ruixiang Holdings's Pre-Tax Income for the six months ended in Apr. 2023 was $-1.47 Mil. Tian Ruixiang Holdings's Revenue for the six months ended in Apr. 2023 was $0.73 Mil. Therefore, Tian Ruixiang Holdings's pretax margin for the quarter that ended in Apr. 2023 was -202.21%.

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

TIRX' s Pretax Margin % Range Over the Past 10 Years
Min: -344.75 Med: 22.04 Max: 73.94
Current: -233.78

TIRX's Pretax Margin % is ranked worse than
99.18% of 486 companies
in the Insurance industry
Industry Median: 9.835 vs TIRX: -233.78

Tian Ruixiang Holdings Pretax Margin % Historical Data

The historical data trend for Tian Ruixiang Holdings's Pretax 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 Pretax Margin % Chart

Tian Ruixiang Holdings Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Pretax Margin %

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48.15

20.68

23.39

-68.79

-344.75

Tian Ruixiang Holdings Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
Pretax Margin %	Get a 7-Day Free Trial							-24.25	-131.98	-368.08	-290.15	-202.21

Competitive Comparison of Tian Ruixiang Holdings's Pretax Margin %

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

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

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

Tian Ruixiang Holdings Pretax Margin % Calculation

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

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

Pretax Margin	=	Pre-Tax Income (A: Oct. 2022 )	/	Revenue (A: Oct. 2022 )
	=	-4.661	/	1.352
	=	-344.75 %

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

Pretax Margin	=	Pre-Tax Income (Q: Apr. 2023 )	/	Revenue (Q: Apr. 2023 )
	=	-1.466	/	0.725
	=	-202.21 %

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

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Tian Ruixiang Holdings Pretax 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 » Pretax 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.