Tian Fixed Asset Turnover from 2010 to 2024

TIRX Stock  USD 1.74  0.04  2.25%   
Tian Ruixiang Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 22.23 in 2024. During the period from 2010 to 2024, Tian Ruixiang Fixed Asset Turnover regression line of annual values had r-squared of  0.47 and arithmetic mean of  63.54. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
23.4
Current Value
22.23
Quarterly Volatility
51.86117456
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tian Ruixiang financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tian Ruixiang's main balance sheet or income statement drivers, such as Tax Provision of 126.5 K, Net Interest Income of 883.8 K or Interest Income of 883.8 K, as well as many indicators such as Price To Sales Ratio of 2.45, Dividend Yield of 0.0 or PTB Ratio of 0.0939. Tian financial statements analysis is a perfect complement when working with Tian Ruixiang Valuation or Volatility modules.
  
Check out the analysis of Tian Ruixiang Correlation against competitors.

Latest Tian Ruixiang's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Tian Ruixiang Holdings over the last few years. It is Tian Ruixiang's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tian Ruixiang's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Tian Fixed Asset Turnover Regression Statistics

Arithmetic Mean63.54
Geometric Mean38.58
Coefficient Of Variation81.62
Mean Deviation45.69
Median96.16
Standard Deviation51.86
Sample Variance2,690
Range174
R-Value(0.68)
Mean Square Error1,549
R-Squared0.47
Significance0.01
Slope(7.91)
Total Sum of Squares37,654

Tian Fixed Asset Turnover History

2024 22.23
2023 23.4
2022 20.35
2021 8.89
2020 3.62
2019 9.78
2018 13.85

About Tian Ruixiang Financial Statements

Tian Ruixiang investors use historical fundamental indicators, such as Tian Ruixiang's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Tian Ruixiang. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 23.40  22.23 

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Additional Tools for Tian Stock Analysis

When running Tian Ruixiang's price analysis, check to measure Tian Ruixiang's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tian Ruixiang is operating at the current time. Most of Tian Ruixiang's value examination focuses on studying past and present price action to predict the probability of Tian Ruixiang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tian Ruixiang's price. Additionally, you may evaluate how the addition of Tian Ruixiang to your portfolios can decrease your overall portfolio volatility.