Test Rite International Co Ltd - Asset Resilience Ratio

Latest as of September 2025: 1.18%

Test Rite International Co Ltd (2908) has an Asset Resilience Ratio of 1.18% as of September 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read 2908 liabilities breakdown for a breakdown of total debt and financial obligations.

Liquid Assets

NT$439.10 Million
≈ $13.83 Million USD Cash + Short-term Investments

Total Assets

NT$37.13 Billion
≈ $1.17 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2000–2024)

This chart shows how Test Rite International Co Ltd's Asset Resilience Ratio has changed over time. See 2908 book value for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Test Rite International Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see 2908 stock market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents NT$0.00 0%
Short-term Investments NT$439.10 Million 1.18%
Total Liquid Assets NT$439.10 Million 1.18%

Asset Resilience Insights

  • Limited Liquidity: Test Rite International Co Ltd maintains only 1.18% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Test Rite International Co Ltd Industry Peers by Asset Resilience Ratio

Compare Test Rite International Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Wesfarmers Ltd
AU:WES
Home Improvement Retail 1.89%
Fiskars Oyj Abp
HE:FSKRS
Home Improvement Retail 4.32%
Bourrelier Group SA
PA:ALBOU
Home Improvement Retail 26.76%
Centrale d'Achat Française pour l'Outre-Mer Société Anonyme
PA:CAFO
Home Improvement Retail -1.73%
Mr Bricolage
PA:ALMRB
Home Improvement Retail 13.41%
Maisons du Monde SAS
PA:MDM
Home Improvement Retail 0.01%
HORNBACH Baumarkt AG
HM:HBM
Home Improvement Retail 2.24%
Hornbach Holding VZO O.N.
XETRA:HBH
Home Improvement Retail 8.42%

Annual Asset Resilience Ratio for Test Rite International Co Ltd (2000–2024)

The table below shows the annual Asset Resilience Ratio data for Test Rite International Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 1.86% NT$671.02 Million
≈ $21.14 Million
NT$36.11 Billion
≈ $1.14 Billion
+0.95pp
2023-12-31 0.90% NT$331.05 Million
≈ $10.43 Million
NT$36.59 Billion
≈ $1.15 Billion
-0.72pp
2022-12-31 1.62% NT$628.35 Million
≈ $19.80 Million
NT$38.75 Billion
≈ $1.22 Billion
+0.42pp
2021-12-31 1.20% NT$459.49 Million
≈ $14.48 Million
NT$38.37 Billion
≈ $1.21 Billion
-1.02pp
2020-12-31 2.22% NT$835.66 Million
≈ $26.33 Million
NT$37.66 Billion
≈ $1.19 Billion
+0.30pp
2019-12-31 1.92% NT$685.37 Million
≈ $21.59 Million
NT$35.68 Billion
≈ $1.12 Billion
+0.57pp
2018-12-31 1.35% NT$351.70 Million
≈ $11.08 Million
NT$26.00 Billion
≈ $819.08 Million
-1.51pp
2017-12-31 2.86% NT$654.15 Million
≈ $20.61 Million
NT$22.87 Billion
≈ $720.60 Million
+0.21pp
2016-12-31 2.65% NT$645.00 Million
≈ $20.32 Million
NT$24.32 Billion
≈ $766.13 Million
-2.37pp
2015-12-31 5.02% NT$1.27 Billion
≈ $39.88 Million
NT$25.20 Billion
≈ $793.79 Million
+0.15pp
2014-12-31 4.87% NT$1.21 Billion
≈ $38.25 Million
NT$24.92 Billion
≈ $785.15 Million
+2.65pp
2013-12-31 2.22% NT$518.35 Million
≈ $16.33 Million
NT$23.37 Billion
≈ $736.35 Million
+0.89pp
2012-12-31 1.33% NT$300.52 Million
≈ $9.47 Million
NT$22.63 Billion
≈ $712.99 Million
+0.41pp
2011-12-31 0.92% NT$252.49 Million
≈ $7.95 Million
NT$27.56 Billion
≈ $868.37 Million
-1.68pp
2010-12-31 2.60% NT$601.84 Million
≈ $18.96 Million
NT$23.17 Billion
≈ $730.02 Million
-0.76pp
2009-12-31 3.36% NT$746.20 Million
≈ $23.51 Million
NT$22.22 Billion
≈ $700.12 Million
+1.51pp
2008-12-31 1.85% NT$435.42 Million
≈ $13.72 Million
NT$23.54 Billion
≈ $741.48 Million
-0.42pp
2007-12-31 2.27% NT$556.74 Million
≈ $17.54 Million
NT$24.55 Billion
≈ $773.51 Million
-0.90pp
2006-12-31 3.17% NT$654.49 Million
≈ $20.62 Million
NT$20.68 Billion
≈ $651.42 Million
-4.77pp
2005-12-31 7.94% NT$1.39 Billion
≈ $43.75 Million
NT$17.49 Billion
≈ $551.14 Million
-0.77pp
2004-12-31 8.71% NT$990.05 Million
≈ $31.19 Million
NT$11.37 Billion
≈ $358.18 Million
-1.52pp
2003-12-31 10.22% NT$1.07 Billion
≈ $33.79 Million
NT$10.49 Billion
≈ $330.51 Million
+6.85pp
2002-12-31 3.37% NT$286.78 Million
≈ $9.04 Million
NT$8.50 Billion
≈ $267.74 Million
-4.32pp
2001-12-31 7.70% NT$577.70 Million
≈ $18.20 Million
NT$7.51 Billion
≈ $236.49 Million
+1.99pp
2000-12-31 5.71% NT$388.87 Million
≈ $12.25 Million
NT$6.81 Billion
≈ $214.56 Million
--
pp = percentage points

About Test Rite International Co Ltd

TW:2908 Taiwan Home Improvement Retail
Market Cap
$331.73 Million
NT$10.53 Billion TWD
Market Cap Rank
#14546 Global
#594 in Taiwan
Share Price
NT$20.65
Change (1 day)
-0.72%
52-Week Range
NT$19.50 - NT$21.05
All Time High
NT$25.07
About

Test-Rite International Co., Ltd. imports and exports hand tools, auto parts, machinery, furniture, and other home appliances in the United States of America, Canada, Great Britain, France, Germany, and Australia. It also operates retail chain stores and sells home-related products. The company engages in real estate development and planning business. In addition, it is involved in mechanical and… Read more