Tian Ruixiang Holdings Ltd (TIRX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Tian Ruixiang Holdings Ltd (TIRX) has a cash flow conversion efficiency ratio of -0.083x as of July 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($263.67K) by net assets ($-3.17 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Tian Ruixiang Holdings Ltd balance sheet quality to measure how much of total assets are equity-financed.
Tian Ruixiang Holdings Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Tian Ruixiang Holdings Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Tian Ruixiang Holdings Ltd cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Tian Ruixiang Holdings Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tian Ruixiang Holdings Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CHATHAM ROCK PHOSPHATE
F:3GRE
|
N/A |
|
Astron Connect Inc
V:AST
|
-0.524x |
|
BLENDER BITES LTD.
F:JL4
|
-0.034x |
|
Character Group
LSE:CCT
|
0.001x |
|
Smart Agro LP
TA:SMAG
|
-0.039x |
|
SEALAND CAP. GA. LS-0001
F:7KM
|
N/A |
|
Dynatronics Corporation
NASDAQ:DYNT
|
-0.030x |
|
Real Estate Investors PLC
LSE:RLE
|
0.018x |
Annual Cash Flow Conversion Efficiency for Tian Ruixiang Holdings Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of Tian Ruixiang Holdings Ltd from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see Tian Ruixiang Holdings Ltd (TIRX) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-10-31 | $33.89 Million | $897.89K | 0.026x | -13.62% |
| 2023-10-31 | $32.42 Million | $994.30K | 0.031x | +616.69% |
| 2022-10-31 | $33.48 Million | $-198.76K | -0.006x | +83.03% |
| 2021-10-31 | $38.99 Million | $-1.36 Million | -0.035x | -527.29% |
| 2020-10-31 | $8.64 Million | $-48.17K | -0.006x | -118.45% |
| 2019-10-31 | $7.58 Million | $229.05K | 0.030x | -83.57% |
| 2018-10-31 | $7.47 Million | $1.37 Million | 0.184x | -73.51% |
| 2017-10-31 | $718.44K | $498.83K | 0.694x | -- |
About 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.