Test Research Inc (3030) — Cash Flow Quality Index
Test Research Inc (3030) has a Cash Flow Quality Index of 0.63x as of March 2026. Operating cash flow of NT$519.72 Million is below net income of NT$826.46 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Test Research Inc assets under control for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Test Research Inc Cash Flow Quality Index (2002–2025)
Historical Cash Flow Quality Index for Test Research Inc across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Test Research Inc (3030) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Test Research Inc (2002–2025)
Year-by-year earnings quality comparison for Test Research Inc. For live market cap and the full company financial profile, see how much is Test Research Inc worth.
| Year | Quality Index | Operating CF (TWD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.69x | NT$1.72 Billion | NT$2.48 Billion | ▲ +30.2% |
| 2024 | 0.53x | NT$1.16 Billion | NT$2.18 Billion | ▼ -64.4% |
| 2023 | 1.50x | NT$1.88 Billion | NT$1.26 Billion | ▲ +150.2% |
| 2022 | 0.60x | NT$1.47 Billion | NT$2.45 Billion | ▲ +57.5% |
| 2021 | 0.38x | NT$591.41 Million | NT$1.56 Billion | ▼ -53.5% |
| 2020 | 0.82x | NT$1.12 Billion | NT$1.37 Billion | ▼ -30.3% |
| 2019 | 1.17x | NT$1.36 Billion | NT$1.16 Billion | ▲ +149.1% |
| 2018 | 0.47x | NT$626.81 Million | NT$1.33 Billion | ▲ +35.4% |
| 2017 | 0.35x | NT$248.47 Million | NT$716.19 Million | ▼ -66.7% |
| 2016 | 1.04x | NT$553.03 Million | NT$531.34 Million | ▲ +92.0% |
| 2015 | 0.54x | NT$675.76 Million | NT$1.25 Billion | ▼ -30.7% |
| 2014 | 0.78x | NT$1.16 Billion | NT$1.48 Billion | ▼ -31.2% |
| 2013 | 1.14x | NT$1.12 Billion | NT$980.10 Million | ▲ +14.0% |
| 2012 | 1.00x | NT$1.43 Billion | NT$1.43 Billion | ▲ +5.5% |
| 2011 | 0.95x | NT$911.56 Million | NT$963.72 Million | ▲ +30.0% |
| 2010 | 0.73x | NT$659.46 Million | NT$906.12 Million | ▼ -55.3% |
| 2009 | 1.63x | NT$319.27 Million | NT$195.92 Million | ▲ +12.0% |
| 2008 | 1.46x | NT$683.64 Million | NT$469.72 Million | ▲ +46.0% |
| 2007 | 1.00x | NT$771.25 Million | NT$773.62 Million | ▲ +27.3% |
| 2006 | 0.78x | NT$466.75 Million | NT$596.10 Million | ▼ -29.5% |
| 2005 | 1.11x | NT$385.99 Million | NT$347.72 Million | ▲ +84.5% |
| 2004 | 0.60x | NT$260.25 Million | NT$432.58 Million | ▲ +61.7% |
| 2003 | 0.37x | NT$61.04 Million | NT$164.06 Million | ▼ -60.0% |
| 2002 | 0.93x | NT$172.02 Million | NT$184.95 Million | — |