Tian Historical Income Statement
| TIRX Stock | USD 2.92 0.14 5.04% |
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.
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.
Tian |
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
Tian Ruixiang Holdings Income Statement is one of the three primary financial statements used for reporting Tian's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Tian Ruixiang Holdings revenue and expense. Tian Ruixiang Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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. Add Fundamental
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.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.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 tightly coupled 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 Amortization | 589.6K | 455.6K | 523.9K | 550.1K | Interest Income | 315.1K | 434.4K | 499.6K | 524.5K |
Tian Ruixiang income statement Correlations
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Tian Ruixiang Account Relationship Matchups
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Tian Ruixiang income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 238.2K | 126.1K | 24.5K | 23.6K | 21.3K | 20.2K | |
| Net Interest Income | 256.3K | 191.0K | 314.3K | 434.4K | 499.6K | 524.5K | |
| Interest Income | 275.2K | 191.0K | 315.1K | 434.4K | 499.6K | 524.5K | |
| Depreciation And Amortization | 34.7K | 227.5K | 589.6K | 455.6K | 523.9K | 550.1K | |
| Interest Expense | 18.8K | 3.0 | 725.0 | 434.4K | 499.6K | 524.5K | |
| Selling General Administrative | 1.1M | 1.1M | 2.5M | 4.5M | 5.2M | 5.5M | |
| Selling And Marketing Expenses | 797.6K | 1.6M | 2.5M | 1.8M | 2.0M | 1.4M | |
| Total Revenue | 2.0M | 3.2M | 2.8M | 1.4M | 1.2M | 1.9M | |
| Gross Profit | 2.0M | 2.5M | 1.8M | (1.3M) | (1.2M) | (1.1M) | |
| Other Operating Expenses | 1.9M | 2.7M | 5.0M | 6.3M | 7.2M | 7.6M | |
| Operating Income | 432.8K | 760.2K | (2.3M) | (5.1M) | (4.6M) | (4.3M) | |
| Net Income From Continuing Ops | 175.8K | 634.1K | (1.9M) | (4.7M) | (4.2M) | (4.0M) | |
| Ebit | 432.8K | 760.2K | (2.3M) | (5.1M) | (4.6M) | (4.3M) | |
| Ebitda | 467.5K | 987.7K | (1.7M) | (4.6M) | (4.2M) | (3.9M) | |
| Total Operating Expenses | 1.9M | 2.7M | 5.0M | 6.3M | 7.2M | 7.6M | |
| Reconciled Depreciation | 34.7K | 227.5K | 255.1K | 208.3K | 239.5K | 140.6K | |
| Income Before Tax | 414.0K | 760.2K | (1.9M) | (4.7M) | (4.2M) | (4.0M) | |
| Total Other Income Expense Net | (18.8K) | 9.0K | 333.8K | 408.4K | 469.6K | 493.1K | |
| Net Income Applicable To Common Shares | 175.8K | 634.1K | (1.9M) | (4.7M) | (4.2M) | (4.0M) | |
| Net Income | 175.8K | 634.1K | (1.9M) | (4.7M) | (4.2M) | (4.0M) | |
| Income Tax Expense | 238.2K | 126.1K | 24.5K | 23.6K | 21.3K | 20.2K | |
| Minority Interest | 474.0 | 495.0 | 28.0 | 32.0 | 28.8 | 27.36 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Tian Ruixiang Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tian Ruixiang's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tian Ruixiang Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tian Ruixiang Holdings Stock: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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Tian Stock analysis
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.
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Is Tian Ruixiang's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tian Ruixiang. If investors know Tian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tian Ruixiang listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.45) | Revenue Per Share 1.984 | Quarterly Revenue Growth (0.23) | Return On Assets (0.05) | Return On Equity (0.07) |
The market value of Tian Ruixiang Holdings is measured differently than its book value, which is the value of Tian that is recorded on the company's balance sheet. Investors also form their own opinion of Tian Ruixiang's value that differs from its market value or its book value, called intrinsic value, which is Tian Ruixiang's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tian Ruixiang's market value can be influenced by many factors that don't directly affect Tian Ruixiang's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tian Ruixiang's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tian Ruixiang is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tian Ruixiang's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.