Tian Ruixiang Holdings Ltd
Tian Ruixiang Holdings Ltd., together its subsidiaries, operates as an insurance broker in China. It distributes property and casualty insurance products, such as commercial property, liability, accidental, and automobile insurance; and health, life, and miscellaneous insurance products. Tian Ruixiang Holdings Ltd. was founded in 2010 and is headquartered in Beijing, China.
Tian Ruixiang Holdings Ltd - Asset Resilience Ratio
Tian Ruixiang Holdings Ltd (TIRX) has an Asset Resilience Ratio of 70.26% as of October 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2024)
This chart shows how Tian Ruixiang Holdings Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Tian Ruixiang Holdings Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $28.09 Million | 70.26% |
| Total Liquid Assets | $28.09 Million | 70.26% |
Asset Resilience Insights
- Very High Liquidity: Tian Ruixiang Holdings Ltd maintains exceptional liquid asset reserves at 70.26% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Tian Ruixiang Holdings Ltd Industry Peers by Asset Resilience Ratio
Compare Tian Ruixiang Holdings Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Taiming Assurance Broker Co Ltd
TWO:5878 |
Insurance Brokers | 26.07% |
|
Golden Insurance Brokers Co.,Ltd.
TWO:6028 |
Insurance Brokers | 3.50% |
|
Fanhua Inc.
NASDAQ:AIFU |
Insurance Brokers | 16.74% |
|
Arthur J Gallagher & Co
NYSE:AJG |
Insurance Brokers | 1.98% |
|
Aon PLC
NYSE:AON |
Insurance Brokers | 5.51% |
|
Accelerant Holdings
NYSE:ARX |
Insurance Brokers | 22.15% |
|
ASN Broker Public Company Limited
BK:ASN |
Insurance Brokers | 0.54% |
|
Banvida
SN:BANVIDA |
Insurance Brokers | 0.65% |
Annual Asset Resilience Ratio for Tian Ruixiang Holdings Ltd (2021–2024)
The table below shows the annual Asset Resilience Ratio data for Tian Ruixiang Holdings Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-10-31 | 70.26% | $28.09 Million | $39.98 Million | -5.27pp |
| 2023-10-31 | 75.53% | $26.80 Million | $35.48 Million | +0.79pp |
| 2022-10-31 | 74.73% | $26.18 Million | $35.03 Million | -- |
| 2021-10-31 | 0.00% | $0.00 | $40.35 Million | -- |