Tian Ruixiang Holdings (Tian Ruixiang Holdings) 5-Year ROIIC % : -86.77% (As of Oct. 2022)

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What is Tian Ruixiang Holdings 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Tian Ruixiang Holdings's 5-Year ROIIC % for the quarter that ended in Oct. 2022 was -86.77%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Tian Ruixiang Holdings's 5-Year ROIIC % or its related term are showing as below:

TIRX's 5-Year ROIIC % is ranked worse than
97.41% of 309 companies
in the Insurance industry
Industry Median: 2.47 vs TIRX: -86.77

Tian Ruixiang Holdings 5-Year ROIIC % Historical Data

The historical data trend for Tian Ruixiang Holdings's 5-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tian Ruixiang Holdings 5-Year ROIIC % Chart

Tian Ruixiang Holdings Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

5-Year ROIIC %

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-86.77

Tian Ruixiang Holdings Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
5-Year ROIIC %	Get a 7-Day Free Trial							-	-	-	-86.77	-

Competitive Comparison of Tian Ruixiang Holdings's 5-Year ROIIC %

For the Insurance Brokers subindustry, Tian Ruixiang Holdings's 5-Year ROIIC %, along with its competitors' market caps and 5-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tian Ruixiang Holdings's 5-Year ROIIC % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Tian Ruixiang Holdings's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Tian Ruixiang Holdings's 5-Year ROIIC % falls into.

Tian Ruixiang Holdings 5-Year ROIIC % Calculation

Tian Ruixiang Holdings's 5-Year ROIIC % for the quarter that ended in Oct. 2022 is calculated as:

5-Year ROIIC %	=	5-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	5-Year Incremental Invested Capital^**
	=	( -4.9702195 (Oct. 2022) - 0.9503856 (Oct. 2017) )	/	( 7.446 (Oct. 2022) - 0.623 (Oct. 2017) )
	=	-5.9206051	/	6.823
	=	-86.77%^***

** Annual data of NOPAT and Invested Capital was used to calculate 5-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Tian Ruixiang Holdings (NAS:TIRX) 5-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.

Tian Ruixiang Holdings 5-Year ROIIC % Related Terms

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Tian Ruixiang Holdings (Tian Ruixiang Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tian Ruixiang Holdings Ltd (NAS:TIRX) » Definitions » 5-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

North East Third Ring Road, Room 1001, 10 / F, No. 25, Chaoyang District, Beijing, CHN

Website

http://www.tianrx.com

Tian Ruixiang Holdings Ltd is an Insurance Brokerage firm. It distributes a wide range of insurance products, which are categorized into two groups; property and casualty insurance, such as commercial property insurance, liability insurance, accidental insurance, and automobile insurance; and other insurances, such as health insurance, life insurance, and miscellaneous insurances. It also generates a small amount of revenue from risk management services. The firm act on behalf of its customers seeking insurance coverage from insurance companies. It generates revenue from the provision of insurance brokerage services.