Test Rite International Co Ltd Cash Flow Conversion Efficiency
Test Rite International Co Ltd cash flow conversion efficiency. Based on the latest financial reports, Test Rite International Co Ltd (2908) has a cash flow conversion efficiency ratio of 0.037x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (NT$321.45 Million ≈ $10.13 Million USD) by net assets (NT$8.73 Billion ≈ $274.99 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Test Rite International Co Ltd (2000–2025)
Cash flow conversion efficiency of Test Rite International Co Ltd from 2000 to 2025. This chart illustrates how Test Rite International Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Test Rite International Co Ltd for real-time trading data and today's change.
Test Rite International Co Ltd Cash Flow Conversion Ratio Explained
Test Rite International Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Test Rite International Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Test Rite International Co Ltd ranked by their cash flow conversion efficiency. Also see 2908 market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mirbud SA
WAR:MRB
|
0.000x |
|
Altek Corp
TW:3059
|
0.023x |
|
Liaoning He Eye Hospital Group Co. LTD.
SHE:301103
|
N/A |
|
Hanil Cement Co Ltd
KO:003300
|
0.022x |
|
SFC Energy AG
XETRA:F3C
|
0.005x |
|
Solus Advanced Materials Co Ltd
KO:336370
|
0.006x |
|
Shanghai Wondertek Software Co Ltd
SHG:603189
|
-0.014x |
|
Komipharm International Co. Ltd
KQ:041960
|
0.013x |
Annual Cash Flow Conversion Efficiency for Test Rite International Co Ltd (2000–2025)
The table below shows the annual cash flow conversion efficiency of Test Rite International Co Ltd from 2000 to 2025. Review Test Rite International Co Ltd (2908) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | NT$8.77 Billion ≈ $276.36 Million |
NT$1.94 Billion ≈ $61.02 Million |
0.221x | -29.11% |
| 2024-12-31 | NT$7.65 Billion ≈ $240.88 Million |
NT$2.38 Billion ≈ $75.02 Million |
0.311x | -0.35% |
| 2023-12-31 | NT$6.79 Billion ≈ $214.04 Million |
NT$2.12 Billion ≈ $66.90 Million |
0.313x | +4010.03% |
| 2022-12-31 | NT$7.08 Billion ≈ $222.95 Million |
NT$-56.56 Million ≈ $-1.78 Million |
-0.008x | -103.76% |
| 2021-12-31 | NT$6.98 Billion ≈ $220.00 Million |
NT$1.48 Billion ≈ $46.77 Million |
0.213x | -70.64% |
| 2020-12-31 | NT$6.78 Billion ≈ $213.73 Million |
NT$4.91 Billion ≈ $154.78 Million |
0.724x | +107.89% |
| 2019-12-31 | NT$6.44 Billion ≈ $202.79 Million |
NT$2.24 Billion ≈ $70.64 Million |
0.348x | +162.15% |
| 2018-12-31 | NT$7.41 Billion ≈ $233.57 Million |
NT$985.08 Million ≈ $31.04 Million |
0.133x | +199.69% |
| 2017-12-31 | NT$7.67 Billion ≈ $241.72 Million |
NT$340.18 Million ≈ $10.72 Million |
0.044x | -86.67% |
| 2016-12-31 | NT$7.42 Billion ≈ $233.65 Million |
NT$2.47 Billion ≈ $77.71 Million |
0.333x | +59.93% |
| 2015-12-31 | NT$7.43 Billion ≈ $234.07 Million |
NT$1.54 Billion ≈ $48.68 Million |
0.208x | +772.00% |
| 2014-12-31 | NT$7.36 Billion ≈ $231.91 Million |
NT$175.54 Million ≈ $5.53 Million |
0.024x | -86.96% |
| 2013-12-31 | NT$6.79 Billion ≈ $214.02 Million |
NT$1.24 Billion ≈ $39.13 Million |
0.183x | -64.56% |
| 2012-12-31 | NT$6.77 Billion ≈ $213.14 Million |
NT$3.49 Billion ≈ $109.97 Million |
0.516x | +127.72% |
| 2011-12-31 | NT$7.23 Billion ≈ $227.81 Million |
NT$1.64 Billion ≈ $51.61 Million |
0.227x | +67.24% |
| 2010-12-31 | NT$6.73 Billion ≈ $212.14 Million |
NT$912.24 Million ≈ $28.74 Million |
0.135x | -60.84% |
| 2009-12-31 | NT$6.45 Billion ≈ $203.11 Million |
NT$2.23 Billion ≈ $70.26 Million |
0.346x | +344.19% |
| 2008-12-31 | NT$5.91 Billion ≈ $186.24 Million |
NT$460.37 Million ≈ $14.50 Million |
0.078x | -4.91% |
| 2007-12-31 | NT$8.18 Billion ≈ $257.67 Million |
NT$669.84 Million ≈ $21.10 Million |
0.082x | -79.54% |
| 2006-12-31 | NT$8.11 Billion ≈ $255.37 Million |
NT$3.24 Billion ≈ $102.22 Million |
0.400x | +277.07% |
| 2005-12-31 | NT$6.99 Billion ≈ $220.09 Million |
NT$-1.58 Billion ≈ $-49.76 Million |
-0.226x | -496.68% |
| 2004-12-31 | NT$5.85 Billion ≈ $184.31 Million |
NT$333.39 Million ≈ $10.50 Million |
0.057x | +56.22% |
| 2003-12-31 | NT$4.86 Billion ≈ $153.20 Million |
NT$177.39 Million ≈ $5.59 Million |
0.036x | +115.09% |
| 2002-12-31 | NT$5.10 Billion ≈ $160.64 Million |
NT$86.48 Million ≈ $2.72 Million |
0.017x | -78.85% |
| 2001-12-31 | NT$4.24 Billion ≈ $133.72 Million |
NT$340.32 Million ≈ $10.72 Million |
0.080x | +100.51% |
| 2000-12-31 | NT$3.58 Billion ≈ $112.70 Million |
NT$143.04 Million ≈ $4.51 Million |
0.040x | -- |
About Test Rite International Co Ltd
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