Tian Historical Income Statement

TIRX Stock  USD 2.38  0.04  1.71%   
Historical analysis of Tian Ruixiang income statement accounts such as Interest Expense of 524.5 K, Selling General Administrative of 5.5 M, Selling And Marketing Expenses of 1.4 M or Total Revenue of 1.9 M can show how well Tian Ruixiang Holdings performed in making a profits. Evaluating Tian Ruixiang income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tian Ruixiang's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Tian Ruixiang Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tian Ruixiang Holdings is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tian Ruixiang Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Tian Income Statement Analysis

Tian Ruixiang Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Tian Ruixiang shareholders. The income statement also shows Tian investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Tian Ruixiang Income Statement Chart

At this time, Tian Ruixiang's Net Interest Income is fairly stable compared to the past year. Interest Income is likely to rise to about 524.5 K in 2024, whereas Tax Provision is likely to drop slightly above 20.2 K in 2024.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Total Revenue

Total revenue comprises all receipts Tian Ruixiang Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most accounts from Tian Ruixiang's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tian Ruixiang Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tian Ruixiang Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Tian Ruixiang's Net Interest Income is fairly stable compared to the past year. Interest Income is likely to rise to about 524.5 K in 2024, whereas Tax Provision is likely to drop slightly above 20.2 K in 2024.
 2020 2021 2023 2024 (projected)
Depreciation And Amortization589.6K455.6K523.9K550.1K
Interest Income315.1K434.4K499.6K524.5K

Tian Ruixiang income statement Correlations

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-0.771.00.920.970.84-0.07-0.820.97-0.94-0.95-0.94-0.940.970.83-0.950.92-0.95-0.77-0.910.9
-0.751.00.920.960.84-0.06-0.810.97-0.94-0.94-0.94-0.940.970.82-0.940.91-0.94-0.75-0.90.9
-0.840.920.920.920.910.06-0.690.96-0.92-0.91-0.92-0.90.960.91-0.910.95-0.91-0.84-0.960.82
-0.780.970.960.920.78-0.18-0.880.98-0.98-0.98-0.98-0.980.980.78-0.980.98-0.98-0.78-0.940.98
-0.610.840.840.910.780.35-0.450.87-0.78-0.78-0.78-0.760.870.95-0.780.79-0.78-0.61-0.830.64
0.32-0.07-0.060.06-0.180.350.6-0.020.250.250.250.28-0.020.240.25-0.180.250.320.15-0.32
0.77-0.82-0.81-0.69-0.88-0.450.6-0.790.90.910.90.92-0.79-0.510.91-0.840.910.770.81-0.93
-0.760.970.970.960.980.87-0.02-0.79-0.96-0.96-0.96-0.961.00.86-0.960.97-0.96-0.76-0.950.93
0.83-0.94-0.94-0.92-0.98-0.780.250.9-0.961.01.01.0-0.96-0.791.0-0.971.00.830.97-0.95
0.81-0.95-0.94-0.91-0.98-0.780.250.91-0.961.01.01.0-0.96-0.781.0-0.971.00.810.96-0.95
0.83-0.94-0.94-0.92-0.98-0.780.250.9-0.961.01.01.0-0.96-0.791.0-0.971.00.830.97-0.95
0.82-0.94-0.94-0.9-0.98-0.760.280.92-0.961.01.01.0-0.96-0.771.0-0.971.00.820.96-0.96
-0.760.970.970.960.980.87-0.02-0.791.0-0.96-0.96-0.96-0.960.86-0.960.97-0.96-0.76-0.950.93
-0.750.830.820.910.780.950.24-0.510.86-0.79-0.78-0.79-0.770.86-0.790.78-0.78-0.75-0.810.66
0.82-0.95-0.94-0.91-0.98-0.780.250.91-0.961.01.01.01.0-0.96-0.79-0.971.00.820.96-0.95
-0.810.920.910.950.980.79-0.18-0.840.97-0.97-0.97-0.97-0.970.970.78-0.97-0.97-0.81-0.990.94
0.81-0.95-0.94-0.91-0.98-0.780.250.91-0.961.01.01.01.0-0.96-0.781.0-0.970.810.96-0.95
1.0-0.77-0.75-0.84-0.78-0.610.320.77-0.760.830.810.830.82-0.76-0.750.82-0.810.810.83-0.74
0.83-0.91-0.9-0.96-0.94-0.830.150.81-0.950.970.960.970.96-0.95-0.810.96-0.990.960.83-0.88
-0.740.90.90.820.980.64-0.32-0.930.93-0.95-0.95-0.95-0.960.930.66-0.950.94-0.95-0.74-0.88
Click cells to compare fundamentals

Tian Ruixiang Account Relationship Matchups

Tian Ruixiang income statement Accounts

201920202021202220232024 (projected)
Tax Provision238.2K126.1K24.5K23.6K21.3K20.2K
Net Interest Income256.3K191.0K314.3K434.4K499.6K524.5K
Interest Income275.2K191.0K315.1K434.4K499.6K524.5K
Depreciation And Amortization34.7K227.5K589.6K455.6K523.9K550.1K
Interest Expense18.8K3.0725.0434.4K499.6K524.5K
Selling General Administrative1.1M1.1M2.5M4.5M5.2M5.5M
Selling And Marketing Expenses797.6K1.6M2.5M1.8M2.0M1.4M
Total Revenue2.0M3.2M2.8M1.4M1.2M1.9M
Gross Profit1.4M2.5M1.8M(1.3M)(1.2M)(1.1M)
Other Operating Expenses1.9M2.7M5.0M6.3M7.2M7.6M
Operating Income432.8K760.2K(2.3M)(5.1M)(4.6M)(4.3M)
Net Income From Continuing Ops175.8K634.1K(1.9M)(4.7M)(4.2M)(4.0M)
Ebit432.8K760.2K(2.3M)(5.1M)(4.6M)(4.3M)
Ebitda467.5K987.7K(1.7M)(4.6M)(4.2M)(3.9M)
Total Operating Expenses1.9M2.7M5.0M6.3M7.2M7.6M
Reconciled Depreciation34.7K227.5K255.1K208.3K239.5K140.6K
Income Before Tax414.0K760.2K(1.9M)(4.7M)(4.2M)(4.0M)
Total Other Income Expense Net(18.8K)9.0K333.8K408.4K469.6K493.1K
Net Income Applicable To Common Shares175.8K634.1K(1.9M)(4.7M)(4.2M)(4.0M)
Net Income175.8K634.1K(1.9M)(4.7M)(4.2M)(4.0M)
Income Tax Expense238.2K126.1K24.5K23.6K21.3K20.2K
Minority Interest474.0495.028.032.028.827.36

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When running Tian Ruixiang's price analysis, check to measure Tian Ruixiang's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tian Ruixiang is operating at the current time. Most of Tian Ruixiang's value examination focuses on studying past and present price action to predict the probability of Tian Ruixiang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tian Ruixiang's price. Additionally, you may evaluate how the addition of Tian Ruixiang to your portfolios can decrease your overall portfolio volatility.