Test Research Inc (3030) - 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. See net asset quality index of Test Research Inc to measure how much of total assets are equity-financed.
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. Check Test Research Inc cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jonjee Hi-tech Industrial and Commercial Holding Co Ltd
SHG:600872
|
0.045x |
|
Bavarian Nordic
CO:BAVA
|
0.042x |
|
Sanhe Tongfei Refrigeration Co. Ltd.
SHE:300990
|
0.029x |
|
Royce Value Closed Fund
NYSE:RVT
|
0.001x |
|
Thangamayil Jewellery Limited
NSE:THANGAMAYL
|
-0.077x |
|
SMA Solar Technology AG
F:S92
|
-0.017x |
|
Glodon Software Co Ltd
SHE:002410
|
0.193x |
|
Zhejiang Semir Garment Co Ltd
SHE:002563
|
-0.018x |
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. For the full company profile with market capitalisation and key ratios, see 3030 company net worth.
| 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