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 (TIRX) - Total Assets
Latest total assets as of July 2025: $6.04 Million USD
Based on the latest financial reports, Tian Ruixiang Holdings Ltd (TIRX) holds total assets worth $6.04 Million USD as of July 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Tian Ruixiang Holdings Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Tian Ruixiang Holdings Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tian Ruixiang Holdings Ltd - Asset Composition Analysis
Current Asset Composition (October 2024)
Tian Ruixiang Holdings Ltd's total assets of $6.04 Million consist of 99.9% current assets and 0.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| Accounts Receivable | $10.75 Million | 26.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Tian Ruixiang Holdings Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tian Ruixiang Holdings Ltd's current assets represent 99.9% of total assets in 2024, an increase from 68.6% in 2017.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, down from 9.7% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 4.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 26.9% of total assets.
Tian Ruixiang Holdings Ltd Competitors by Total Assets
Key competitors of Tian Ruixiang Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Steadfast Group Limited
F:1S6
|
Germany | €6.43 Billion |
|
Taiming Assurance Broker Co Ltd
TWO:5878
|
Taiwan | NT$753.08 Million |
|
Golden Insurance Brokers Co.,Ltd.
TWO:6028
|
Taiwan | NT$1.43 Billion |
|
Fanhua Inc.
NASDAQ:AIFU
|
USA | $3.25 Billion |
|
Arthur J Gallagher & Co
NYSE:AJG
|
USA | $70.67 Billion |
|
Aon PLC
NYSE:AON
|
USA | $50.78 Billion |
|
Accelerant Holdings
NYSE:ARX
|
USA | $7.86 Billion |
|
ASN Broker Public Company Limited
BK:ASN
|
Thailand | ฿554.49 Million |
Tian Ruixiang Holdings Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Tian Ruixiang Holdings Ltd generates 0.08x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tian Ruixiang Holdings Ltd is currently not profitable relative to its asset base.
Tian Ruixiang Holdings Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 11.50 | 6.74 | 7.42 |
| Quick Ratio | 11.50 | 6.74 | 7.42 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $34.53 Million | $ 34.00 Million | $ 8.27 Million |
Tian Ruixiang Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between Tian Ruixiang Holdings Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.18 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 12.7% |
| Total Assets | $39.98 Million |
| Market Capitalization | $34.69K USD |
Valuation Analysis
Below Book Valuation: The market values Tian Ruixiang Holdings Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tian Ruixiang Holdings Ltd's assets grew by 12.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tian Ruixiang Holdings Ltd (2017–2024)
The table below shows the annual total assets of Tian Ruixiang Holdings Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-10-31 | $39.98 Million | +12.68% |
| 2023-10-31 | $35.48 Million | +1.28% |
| 2022-10-31 | $35.03 Million | -13.18% |
| 2021-10-31 | $40.35 Million | +301.08% |
| 2020-10-31 | $10.06 Million | +19.63% |
| 2019-10-31 | $8.41 Million | -3.80% |
| 2018-10-31 | $8.74 Million | +784.05% |
| 2017-10-31 | $988.81K | -- |