Test Research Inc Cash Flow Conversion Efficiency
Test Research Inc cash flow conversion efficiency. 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.
Cash Flow Conversion Efficiency of Test Research Inc (2002–2025)
Cash flow conversion efficiency of Test Research Inc from 2002 to 2025. This chart illustrates how Test Research Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Test Research Inc (3030) stock price for real-time trading data and today's change.
Test Research Inc Cash Flow Conversion Ratio Explained
Test Research Inc 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 Research Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Test Research Inc ranked by their cash flow conversion efficiency. Also see 3030 market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ALPEK S.A.B. de C.V
MX:ALPEKA
|
0.099x |
|
Shenzhen Everbest Machinery Indus
SHE:002980
|
0.001x |
|
Sigdo Koppers
SN:SK
|
0.063x |
|
Kangwon Land
KO:035250
|
0.030x |
|
Perusahaan Gas Negara Persero
JK:PGAS
|
0.034x |
|
Hangzhou Zhongheng Electric Co Ltd
SHE:002364
|
-0.005x |
|
EMEIS SA
PA:EMEIS
|
0.441x |
|
Netmarble Games Corp
KO:251270
|
0.027x |
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. Review how much free cash does Test Research Inc generate 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$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
Test Research, Inc., together with its subsidiaries, engages in the design, assembly, manufacturing, sales, and repair of automated inspection and testing equipment in Asia, the Americas, Europe, and internationally. The company offers optical inspection solutions, including 3D solder paste inspection; automated optical inspection; conformal coating inspection; and automated x-ray inspection. It … Read more