Tian Ruixiang Stock Fair Value Calculation – Tian Ruixiang Holdings Fails to Meet Nasdaq Minimum Bid Price Requirement
December 6, 2023
🌧️Trending News
Tian Ruixiang ($NASDAQ:TIRX) Holdings, a Chinese fintech company, has recently been notified by the Nasdaq of a deficiency in terms of meeting the minimum bid price requirement. This means that their stock will be delisted from the Nasdaq exchange if it does not meet the minimum bid price requirement within the given period. Tian Ruixiang Holdings is a leading financial technology and services provider in China and is focused on offering customers integrated financial services, including consumer finance, wealth management, micro lending and more. The company’s products and services are designed to provide customers with access to a wide variety of financial services online and through mobile apps.
Despite having a significant presence in the Chinese market, Tian Ruixiang Holdings has failed to meet the minimum bid price requirement set by the Nasdaq. As a result, the company’s stock could face delisting from the exchange if they are unable to meet this requirement within the given time frame.
Share Price
TIAN opened at $0.7 and closed at the same price, representing a 1.2% increase from the previous closing price of $0.7. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Tian Ruixiang. More…
| Total Revenues | Net Income | Net Margin |
| 1.13 | -2.67 | -227.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Tian Ruixiang. More…
| Operations | Investing | Financing |
| 0.64 | 6.22 | 0 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Tian Ruixiang. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 37 | 2.45 | 10.55 |
Key Ratios Snapshot
Some of the financial key ratios for Tian Ruixiang are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -11.4% | -20.5% | -264.6% |
| FCF Margin | ROE | ROA |
| 56.5% | -5.5% | -5.1% |
Analysis – Tian Ruixiang Stock Fair Value Calculation
At GoodWhale, we are dedicated to providing our customers with comprehensive analysis of the wellbeing of TIAN RUIXIANG. Our proprietary Valuation Line has calculated an intrinsic value of TIAN RUIXIANG share at around $11.2. However, the current market price stands at only $0.7, meaning that TIAN RUIXIANG is being undervalued by 93.7%. This presents an opportunity for investors to take advantage of the low prices and reap long-term rewards from the increased value of their investments. We believe that now is the perfect time to invest in TIAN RUIXIANG, as its share value is so heavily discounted. More…
Peers
It operates in a competitive market with several competitors such as Transilvania Broker De Asigurare SA, China United Insurance Service Inc and Golden Insurance Brokers Co Ltd. These companies all strive to provide comprehensive and reliable insurance solutions to their customers.
– Transilvania Broker De Asigurare SA ($LTS:0TCR)
United Insurance Service Inc is an insurance provider based in the United States, offering a range of services including life, disability, accident, and health insurance. Its current market capitalization is 3.03k as of 2023, a figure that reflects the company’s size and overall performance. This market cap is indicative of United Insurance Service Inc’s financial stability as well as its ability to generate and sustain a competitive return on equity. Its Return on Equity (ROE) stands at 28.19%, reflecting a high level of profitability achieved through effective leverage and other strategies.
– China United Insurance Service Inc ($OTCPK:CUII)
Golden Insurance Brokers Co Ltd is a global insurance broker and risk management consulting firm. Founded in 1998, the company provides services to Fortune 500 companies and multinational corporations across the world. As of 2023, the company has a market cap of 1.34B, which positions them as an important player in the global financial services market. Additionally, with a Return on Equity of 16.14%, the company is able to generate strong financial returns for its shareholders.
Summary
Tian Ruixiang Holdings Ltd. recently received a notice of deficiency from the Nasdaq, indicating that their stocks do not meet the minimum bid price requirement for continued listing on the exchange. This could cause serious issues for investors in the company, who may now be subject to delisting or a potential reclassification of the stock. As such, it is important for investors to closely monitor the situation and consider any risks associated with continued holding of the stock.
Additionally, they should consider the potential for other investment opportunities in the event of delisting, such as alternate investments or simply cashing out the stock. In any case, it is critical to remain up-to-date on developments in order to make the most informed decision regarding Tian Ruixiang Holdings.
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