Test Research Inc Total Assets
Test Research Inc total assets. Based on the latest financial reports, Test Research Inc (3030) holds total assets worth NT$13.41 Billion TWD (≈ $422.50 Million USD) as of March 2026. 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. Also see Test Research Inc stock valuation for the company's overall valuation and market capitalisation.
Total Assets of Test Research Inc (2002–2025)
Total assets of Test Research Inc from 2002 to 2025. This chart illustrates how Test Research Inc's total assets have evolved over time, based on quarterly financial data. See today's stock price for Test Research Inc for real-time trading data and today's change.
Test Research Inc - Asset Composition Analysis
Test Research Inc Total Assets Breakdown (December 2025)
Test Research Inc total assets breakdown as of December 2025. Test Research Inc's total assets of NT$13.41 Billion consist of 63.6% current assets and 36.4% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 10.6% |
| Accounts Receivable | NT$4.29 Billion | 35.3% |
| Inventory | NT$1.83 Billion | 15.1% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$21.42 Million | 0.2% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2002–2025)
This chart illustrates how Test Research Inc'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. Explore working capital to net assets of Test Research Inc to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Test Research Inc's current assets represent 63.6% of total assets in 2025, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 10.6% of total assets in 2025, up from 6.9% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 35.3% of total assets.
Test Research Inc Competitors by Total Assets
Key competitors of Test Research Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Siglent Technologies Co Ltd
SHG:688112
|
China | CN¥1.70 Billion |
|
Guangzhou Hexin Instrument Co Ltd
SHG:688622
|
China | CN¥827.96 Million |
|
Ikegps Group Ltd
AU:IKE
|
Australia | AU$51.67 Million |
|
Codan Ltd
AU:CDA
|
Australia | AU$912.27 Million |
|
Catapult Group International Ltd
AU:CAT
|
Australia | AU$218.31 Million |
|
Optiscan Imaging Ltd
AU:OIL
|
Australia | AU$24.95 Million |
|
Structural Monitoring Systems Plc
AU:SMN
|
Australia | AU$34.67 Million |
|
Dorsavi Ltd
AU:DVL
|
Australia | AU$3.97 Million |
Test Research Inc - 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 | 3.44 | 3.51 | 3.49 |
| Quick Ratio | 2.62 | 2.76 | 2.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$6.38 Billion | NT$4.95 Billion | NT$4.31 Billion |
Test Research Inc - Advanced Valuation Insights
This section examines the relationship between Test Research Inc'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 | 9.58 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | 19.9% |
| Total Assets | NT$12.16 Billion |
| Market Capitalization | $1.88 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Test Research Inc's assets below their book value (0.15x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Test Research Inc's assets grew by 19.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Test Research Inc (2002–2025)
The table below shows the annual total assets of Test Research Inc from 2002 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | NT$12.16 Billion ≈ $382.99 Million |
+19.85% |
| 2024-12-31 | NT$10.14 Billion ≈ $319.56 Million |
+13.89% |
| 2023-12-31 | NT$8.91 Billion ≈ $280.58 Million |
-2.91% |
| 2022-12-31 | NT$9.17 Billion ≈ $288.99 Million |
+14.51% |
| 2021-12-31 | NT$8.01 Billion ≈ $252.36 Million |
+14.47% |
| 2020-12-31 | NT$7.00 Billion ≈ $220.45 Million |
+6.52% |
| 2019-12-31 | NT$6.57 Billion ≈ $206.96 Million |
+1.56% |
| 2018-12-31 | NT$6.47 Billion ≈ $203.79 Million |
+6.70% |
| 2017-12-31 | NT$6.06 Billion ≈ $190.98 Million |
+4.99% |
| 2016-12-31 | NT$5.77 Billion ≈ $181.90 Million |
-13.17% |
| 2015-12-31 | NT$6.65 Billion ≈ $209.49 Million |
-2.28% |
| 2014-12-31 | NT$6.80 Billion ≈ $214.38 Million |
+9.60% |
| 2013-12-31 | NT$6.21 Billion ≈ $195.60 Million |
-5.61% |
| 2012-12-31 | NT$6.58 Billion ≈ $207.21 Million |
+27.87% |
| 2011-12-31 | NT$5.14 Billion ≈ $162.05 Million |
+13.55% |
| 2010-12-31 | NT$4.53 Billion ≈ $142.71 Million |
+21.42% |
| 2009-12-31 | NT$3.73 Billion ≈ $117.53 Million |
+6.37% |
| 2008-12-31 | NT$3.51 Billion ≈ $110.50 Million |
+6.16% |
| 2007-12-31 | NT$3.30 Billion ≈ $104.09 Million |
+18.69% |
| 2006-12-31 | NT$2.78 Billion ≈ $87.70 Million |
+32.19% |
| 2005-12-31 | NT$2.11 Billion ≈ $66.34 Million |
+11.83% |
| 2004-12-31 | NT$1.88 Billion ≈ $59.32 Million |
+27.76% |
| 2003-12-31 | NT$1.47 Billion ≈ $46.43 Million |
+16.54% |
| 2002-12-31 | NT$1.26 Billion ≈ $39.84 Million |
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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