Test Rite International Co Ltd (2908) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.037x

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. Also see 2908 company net worth for the company's overall valuation and market capitalisation.

Test Rite International Co Ltd - Cash Flow Conversion Efficiency Trend (2000–2025)

This chart illustrates how Test Rite International Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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. Explore Test Rite International Co Ltd earnings quality ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Hangzhou Yitong New Material Co. LTD SHE:300930	-0.024x
XiAn Typical Industries Co Ltd SHG:600302	-0.036x
Suncha Technology Co Ltd SHE:001211	0.051x
Cerence Inc NASDAQ:CRNC	0.089x
China Resources Medical Holdings Company Limited F:1PH	0.034x
Cion Investment Corp NYSE:CION	1.932x
Southern Score Builders Berhad KLSE:0045	0.004x
Lihe Technology SHE:300800	-0.005x

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. View 2908 stock price and chart for real-time trading data and today's change.

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

TW:2908 Taiwan Home Improvement Retail

Market Cap

$354.22 Million

NT$11.24 Billion TWD

Market Cap Rank

#14115 Global

#573 in Taiwan

Share Price

NT$22.05

Change (1 day)

+0.92%

52-Week Range

NT$19.70 - NT$22.25

All Time High

NT$25.07