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.
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. Read TIRX current and long-term liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
SECITS Holding AB (publ)
ST:SECI
|
0.666x |
|
Purple Biotech Ltd
TA:KTOV
|
-0.041x |
|
Digital 9 Infrastructure PLC
LSE:DGI9
|
-0.027x |
|
Nuvve Holding Corp
NASDAQ:NVVE
|
2.691x |
|
Kermode Resources Ltd
V:KLM
|
0.086x |
|
RT Minerals Corp
V:RTM
|
-0.402x |
|
Corcel PLC
LSE:CRCL
|
-0.708x |
|
Alkemy Capital Investments Plc
LSE:ALK
|
0.321x |
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 market capitalisation.
| 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.