Tian Return On Equity from 2010 to 2024

TIRX Stock  USD 1.74  0.04  2.25%   
Tian Ruixiang Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Tian Ruixiang Holdings in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.09)
Current Value
(0.08)
Quarterly Volatility
0.7079414
 
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 Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Tian Ruixiang Holdings over the last few years. Return on Equity is the amount of Tian Ruixiang Holdings net income returned as a percentage of Tian Ruixiang equity. Return on equity measures Tian Ruixiang profitability by revealing how much profit Tian Ruixiang Holdings generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Tian Ruixiang's Return On Equity 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.
ViewLast Reported -0.1110 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Tian Return On Equity Regression Statistics

Arithmetic Mean0.61
Coefficient Of Variation115.46
Mean Deviation0.68
Median0.15
Standard Deviation0.71
Sample Variance0.50
Range1.4808
R-Value(0.89)
Mean Square Error0.11
R-Squared0.80
Slope(0.14)
Total Sum of Squares7.02

Tian Return On Equity History

2024 -0.0827
2023 -0.0871
2022 -0.0757
2021 -0.14
2020 -0.0499
2019 0.0734
2018 0.0232

About Tian Ruixiang Financial Statements

Tian Ruixiang investors use historical fundamental indicators, such as Tian Ruixiang's Return On Equity, 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
Return On Equity(0.09)(0.08)

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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.