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

Latest as of September 2025: 0.118x

Based on the latest financial reports, Test Rite International Co Ltd (2908) has a cash flow conversion efficiency ratio of 0.118x as of September 2025. 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$925.72 Million ≈ $29.17 Million USD) by net assets (NT$7.86 Billion ≈ $247.55 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Test Rite International Co Ltd - Cash Flow Conversion Efficiency Trend (2000–2024)

This chart illustrates how Test Rite International Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Test Rite International Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.

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.

Company	Cash Flow Conversion Efficiency
Danal Co. Ltd KQ:064260	-0.042x
GEOPARK LTD. DL -001 F:G6O	N/A
Springsnow Food Group Co Ltd SHG:605567	0.063x
Materialise NV NASDAQ:MTLS	0.041x
Tatva Chintan Pharma Chem Limited NSE:TATVA	0.017x
PharmaSGP Holding SE F:PSG	0.115x
Fusion Micro Finance Limited NSE:FUSION	0.232x
Suzhou Shijing Environmental Technology Co.Ltd. SHE:301030	N/A

Annual Cash Flow Conversion Efficiency for Test Rite International Co Ltd (2000–2024)

The table below shows the annual cash flow conversion efficiency of Test Rite International Co Ltd from 2000 to 2024. For the full company profile with market capitalisation and key ratios, see 2908 market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
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

$331.73 Million

NT$10.53 Billion TWD

Market Cap Rank

#14545 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