Tian Total Revenue vs Cost Of Revenue Analysis
| TIRX Stock | USD 2.60 0.32 10.96% |
Tian Ruixiang financial indicator trend analysis is much more than just breaking down Tian Ruixiang Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tian Ruixiang Holdings is a good investment. Please check the relationship between Tian Ruixiang Total Revenue and its Cost Of Revenue accounts. 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.
Total Revenue vs Cost Of Revenue
Total Revenue vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tian Ruixiang Holdings Total Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tian Ruixiang's Total Revenue and Cost Of Revenue is -0.32. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Tian Ruixiang Holdings, assuming nothing else is changed. The correlation between historical values of Tian Ruixiang's Total Revenue and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Tian Ruixiang Holdings are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Total Revenue i.e., Tian Ruixiang's Total Revenue and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.32 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
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.Cost Of Revenue
Cost of Revenue is found on Tian Ruixiang Holdings income statement and represents the costs associated with goods and services Tian Ruixiang provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from Tian Ruixiang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 3.17 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 fundamental ratios Correlations
Click cells to compare fundamentals
Tian Ruixiang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tian Ruixiang fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 8.4M | 10.1M | 40.4M | 35.0M | 40.3M | 42.3M | |
| Other Current Liab | 713.0K | 1.1M | 694.6K | 1.4M | 1.6M | 930.6K | |
| Total Current Liabilities | 790.6K | 1.3M | 1.1M | 1.5M | 1.7M | 1.1M | |
| Total Stockholder Equity | 7.6M | 8.6M | 39.0M | 33.5M | 38.5M | 40.4M | |
| Net Tangible Assets | 7.4M | 8.5M | 38.8M | 33.5M | 38.5M | 40.4M | |
| Property Plant And Equipment Net | 144.6K | 332.2K | 771.5K | 152.1K | 174.9K | 262.8K | |
| Net Debt | (6.1M) | (5.8M) | (29.4M) | 143.0K | 128.7K | 135.1K | |
| Retained Earnings | 301.3K | 884.1K | (1.1M) | (5.8M) | (5.2M) | (5.0M) | |
| Cash | 6.2M | 6.1M | 30.0M | 2.5K | 2.9K | 2.7K | |
| Non Current Assets Total | 321.5K | 499.9K | 8.7M | 172.2K | 198.0K | 188.1K | |
| Non Currrent Assets Other | 6.6K | 7.4K | 7.8M | 20.1K | 23.1K | 21.9K | |
| Other Assets | 6.6K | 7.4K | 7.8M | 20.1K | 23.1K | 21.9K | |
| Cash And Short Term Investments | 6.2M | 6.1M | 30.0M | 26.2M | 30.1M | 31.6M | |
| Net Receivables | 173.1K | 1.2M | 388.0K | 7.8M | 9.0M | 9.4M | |
| Liabilities And Stockholders Equity | 8.4M | 10.1M | 40.4M | 35.0M | 40.3M | 42.3M | |
| Non Current Liabilities Total | 40.1K | 133.1K | 237.8K | 54.7K | 62.9K | 85.4K | |
| Inventory | 1.6M | 2.2M | 1.2M | 692.7K | 796.6K | 1.3M | |
| Other Current Assets | 56.6K | 10.3K | 50.7K | 169.0K | 194.3K | 204.0K | |
| Other Stockholder Equity | 7.7M | 7.7M | 39.8M | 42.7M | 49.1M | 51.5M | |
| Total Liab | 830.7K | 1.4M | 1.4M | 1.5M | 1.8M | 1.2M | |
| Net Invested Capital | 7.6M | 8.6M | 39.0M | 33.5M | 38.5M | 40.4M | |
| Property Plant And Equipment Gross | 144.6K | 332.2K | 819.2K | 197.3K | 226.9K | 279.9K | |
| Total Current Assets | 8.1M | 9.6M | 31.6M | 34.9M | 40.1M | 42.1M | |
| Accumulated Other Comprehensive Income | (419.3K) | 52.7K | 296.4K | (3.4M) | (3.1M) | (2.9M) | |
| Net Working Capital | 7.3M | 8.3M | 30.5M | 33.4M | 38.4M | 40.3M | |
| Intangible Assets | 16.7K | 170.3K | 160.2K | 147.5K | 169.7K | 117.7K | |
| Property Plant Equipment | 144.6K | 332.2K | 771.5K | 152.1K | 174.9K | 262.8K | |
| Short Long Term Debt Total | 117.7K | 321.9K | 661.0K | 145.5K | 167.3K | 159.0K | |
| Short Term Debt | 77.6K | 188.8K | 423.1K | 90.8K | 81.7K | 77.6K |
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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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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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.
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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.