Test Research Inc (3030) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.050x

Based on the latest financial reports, Test Research Inc (3030) has a cash flow conversion efficiency ratio of 0.050x 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$519.72 Million ≈ $16.37 Million USD) by net assets (NT$10.46 Billion ≈ $329.61 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 Test Research Inc stock valuation for the company's overall valuation and market capitalisation.

Test Research Inc - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how Test Research Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Test Research Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Test Research Inc ranked by their cash flow conversion efficiency. Explore Test Research Inc (3030) cash flow quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Computer Age Management Services Limited NSE:CAMS	0.028x
Beijing Fuxing Xiaocheng Electronic Technology Co Ltd SHE:300139	0.006x
Centuri Holdings, Inc. NYSE:CTRI	0.023x
Tower Bersama Infrastructure Tbk PT JK:TBIG	0.072x
Polaris Bay Group Co Ltd SHG:600155	0.087x
AUB GROUP LTD. F:A5H	N/A
ANADOLU E.BIR.M. ADR 1/5 F:EF41	-0.001x
Entra ASA OL:ENTRA	0.006x

Annual Cash Flow Conversion Efficiency for Test Research Inc (2002–2025)

The table below shows the annual cash flow conversion efficiency of Test Research Inc from 2002 to 2025. View 3030 live share price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	NT$9.60 Billion ≈ $302.58 Million	NT$1.72 Billion ≈ $54.16 Million	0.179x	+27.82%
2024-12-31	NT$8.28 Billion ≈ $260.90 Million	NT$1.16 Billion ≈ $36.53 Million	0.140x	-46.42%
2023-12-31	NT$7.19 Billion ≈ $226.39 Million	NT$1.88 Billion ≈ $59.16 Million	0.261x	+29.43%
2022-12-31	NT$7.27 Billion ≈ $228.95 Million	NT$1.47 Billion ≈ $46.23 Million	0.202x	+108.12%
2021-12-31	NT$6.10 Billion ≈ $192.07 Million	NT$591.41 Million ≈ $18.63 Million	0.097x	-50.62%
2020-12-31	NT$5.70 Billion ≈ $179.65 Million	NT$1.12 Billion ≈ $35.29 Million	0.196x	-22.15%
2019-12-31	NT$5.38 Billion ≈ $169.58 Million	NT$1.36 Billion ≈ $42.79 Million	0.252x	+115.32%
2018-12-31	NT$5.35 Billion ≈ $168.51 Million	NT$626.81 Million ≈ $19.75 Million	0.117x	+136.25%
2017-12-31	NT$5.01 Billion ≈ $157.81 Million	NT$248.47 Million ≈ $7.83 Million	0.050x	-53.99%
2016-12-31	NT$5.13 Billion ≈ $161.60 Million	NT$553.03 Million ≈ $17.42 Million	0.108x	-9.29%
2015-12-31	NT$5.69 Billion ≈ $179.12 Million	NT$675.76 Million ≈ $21.29 Million	0.119x	-41.16%
2014-12-31	NT$5.72 Billion ≈ $180.16 Million	NT$1.16 Billion ≈ $36.39 Million	0.202x	-5.41%
2013-12-31	NT$5.22 Billion ≈ $164.50 Million	NT$1.12 Billion ≈ $35.13 Million	0.214x	-21.63%
2012-12-31	NT$5.25 Billion ≈ $165.36 Million	NT$1.43 Billion ≈ $45.06 Million	0.272x	+32.15%
2011-12-31	NT$4.42 Billion ≈ $139.28 Million	NT$911.56 Million ≈ $28.72 Million	0.206x	+21.64%
2010-12-31	NT$3.89 Billion ≈ $122.56 Million	NT$659.46 Million ≈ $20.78 Million	0.170x	+64.93%
2009-12-31	NT$3.11 Billion ≈ $97.86 Million	NT$319.27 Million ≈ $10.06 Million	0.103x	-54.30%
2008-12-31	NT$3.04 Billion ≈ $95.76 Million	NT$683.64 Million ≈ $21.54 Million	0.225x	-19.54%
2007-12-31	NT$2.76 Billion ≈ $86.92 Million	NT$771.25 Million ≈ $24.30 Million	0.280x	+28.70%
2006-12-31	NT$2.15 Billion ≈ $67.70 Million	NT$466.75 Million ≈ $14.71 Million	0.217x	-5.74%
2005-12-31	NT$1.68 Billion ≈ $52.78 Million	NT$385.99 Million ≈ $12.16 Million	0.230x	+26.05%
2004-12-31	NT$1.42 Billion ≈ $44.85 Million	NT$260.25 Million ≈ $8.20 Million	0.183x	+205.29%
2003-12-31	NT$1.02 Billion ≈ $32.12 Million	NT$61.04 Million ≈ $1.92 Million	0.060x	-69.89%
2002-12-31	NT$865.05 Million ≈ $27.25 Million	NT$172.02 Million ≈ $5.42 Million	0.199x	--

About Test Research Inc

TW:3030 Taiwan Scientific & Technical Instruments

Market Cap

$1.92 Billion

NT$61.06 Billion TWD

Market Cap Rank

#6308 Global

#191 in Taiwan

Share Price

NT$258.50

Change (1 day)

-0.19%

52-Week Range

NT$142.50 - NT$419.50

All Time High

NT$419.50