Test Rite International Co Ltd
Test-Rite International Co., Ltd. imports and exports hand tools, auto parts, machinery, furniture, and other home appliances in the United States of America, Canada, Great Britain, France, Germany, and Australia. It also operates retail chain stores and sells home-related products. The company engages in real estate development and planning business. In addition, it is involved in mechanical and… Read more
Test Rite International Co Ltd (2908) - Total Assets
Latest total assets as of September 2025: NT$37.13 Billion TWD
Based on the latest financial reports, Test Rite International Co Ltd (2908) holds total assets worth NT$37.13 Billion TWD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Test Rite International Co Ltd - Total Assets Trend (2000–2024)
This chart illustrates how Test Rite International Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Test Rite International Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Test Rite International Co Ltd's total assets of NT$37.13 Billion consist of 48.7% current assets and 51.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 7.1% |
| Accounts Receivable | NT$7.92 Billion | 21.9% |
| Inventory | NT$5.97 Billion | 16.5% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$192.19 Million | 0.5% |
| Goodwill | NT$2.32 Billion | 6.4% |
Asset Composition Trend (2000–2024)
This chart illustrates how Test Rite International Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Test Rite International Co Ltd's current assets represent 48.7% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 7.1% of total assets in 2024, down from 10.9% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 21.9% of total assets.
Test Rite International Co Ltd Competitors by Total Assets
Key competitors of Test Rite International Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bausen Inc.
TWO:2948
|
Taiwan | NT$2.33 Billion |
|
Mr D I Y Group M Bhd
KLSE:5296
|
Malaysia | RM3.92 Billion |
|
Bourrelier Group SA
PA:ALBOU
|
France | €570.53 Million |
|
Mr Bricolage
PA:ALMRB
|
France | €358.06 Million |
|
Byggmax Group AB
ST:BMAX
|
Sweden | Skr5.46 Billion |
|
Centrale d'Achat Française pour l'Outre-Mer Société Anonyme
PA:CAFO
|
France | €402.69 Million |
|
Cashbuild Limited
PINK:CBLDF
|
USA | $6.61 Billion |
|
Calloway's Nursery Inc
PINK:CLWY
|
USA | $84.83 Million |
Test Rite International Co Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Test Rite International Co Ltd generates 1.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Test Rite International Co Ltd generates $ 0.92 in net profit.
Test Rite International Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.26 | 1.36 | 1.04 |
| Quick Ratio | 0.89 | 0.93 | 0.65 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$3.72 Billion | NT$ 4.73 Billion | NT$ 695.00 Million |
Test Rite International Co Ltd - Advanced Valuation Insights
This section examines the relationship between Test Rite International Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.58 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -1.3% |
| Total Assets | NT$36.11 Billion |
| Market Capitalization | $33.31 Million USD |
Valuation Analysis
Below Book Valuation: The market values Test Rite International Co Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Test Rite International Co Ltd's assets decreased by 1.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Test Rite International Co Ltd (2000–2024)
The table below shows the annual total assets of Test Rite International Co Ltd from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$36.11 Billion | -1.30% |
| 2023-12-31 | NT$36.59 Billion | -5.56% |
| 2022-12-31 | NT$38.75 Billion | +0.97% |
| 2021-12-31 | NT$38.37 Billion | +1.89% |
| 2020-12-31 | NT$37.66 Billion | +5.57% |
| 2019-12-31 | NT$35.68 Billion | +37.23% |
| 2018-12-31 | NT$26.00 Billion | +13.67% |
| 2017-12-31 | NT$22.87 Billion | -5.94% |
| 2016-12-31 | NT$24.32 Billion | -3.48% |
| 2015-12-31 | NT$25.20 Billion | +1.10% |
| 2014-12-31 | NT$24.92 Billion | +6.63% |
| 2013-12-31 | NT$23.37 Billion | +3.28% |
| 2012-12-31 | NT$22.63 Billion | -17.89% |
| 2011-12-31 | NT$27.56 Billion | +18.95% |
| 2010-12-31 | NT$23.17 Billion | +4.27% |
| 2009-12-31 | NT$22.22 Billion | -5.58% |
| 2008-12-31 | NT$23.54 Billion | -4.14% |
| 2007-12-31 | NT$24.55 Billion | +18.74% |
| 2006-12-31 | NT$20.68 Billion | +18.19% |
| 2005-12-31 | NT$17.49 Billion | +53.87% |
| 2004-12-31 | NT$11.37 Billion | +8.37% |
| 2003-12-31 | NT$10.49 Billion | +23.44% |
| 2002-12-31 | NT$8.50 Billion | +13.22% |
| 2001-12-31 | NT$7.51 Billion | +10.22% |
| 2000-12-31 | NT$6.81 Billion | -- |