Test-Rite International Co., Ltd. Logo

Test-Rite International Co., Ltd.

2908.TW

(1.5)
Stock Price

20,15 TWD

0.76% ROA

4.04% ROE

38.1x PER

Market Cap.

10.503.692.800,00 TWD

204.46% DER

2.83% Yield

0.74% NPM

Test-Rite International Co., Ltd. Stock Analysis

Test-Rite International Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Test-Rite International Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

2 ROE

ROE in an average range (4.63%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (0.86%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 PBV

The stock's PBV ratio (1.63x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

5 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (5.992) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

6 DER

The stock is burdened with a heavy load of debt (343%), making it financially unstable and potentially risky for investors.

7 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

8 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

9 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

10 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

Test-Rite International Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Test-Rite International Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Test-Rite International Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Test-Rite International Co., Ltd. Revenue
Year Revenue Growth
2006 34.056.205.000
2007 36.568.037.000 6.87%
2008 32.732.587.000 -11.72%
2009 29.047.650.000 -12.69%
2010 32.608.038.000 10.92%
2011 35.877.572.000 9.11%
2012 35.247.274.000 -1.79%
2013 35.203.864.000 -0.12%
2014 35.946.241.000 2.07%
2015 35.981.451.000 0.1%
2016 35.443.444.000 -1.52%
2017 36.963.212.000 4.11%
2018 39.897.950.000 7.36%
2019 38.060.813.000 -4.83%
2020 41.790.703.000 8.93%
2021 43.757.358.000 4.49%
2022 37.409.259.000 -16.97%
2023 36.657.208.000 -2.05%
2023 35.410.589.000 -3.52%
2024 39.427.392.000 10.19%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Test-Rite International Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Test-Rite International Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 9.833.596.000 100%
2014 0 0%
2015 10.492.405.000 100%
2016 10.433.994.000 -0.56%
2017 9.822.012.000 -6.23%
2018 1.401.596.000 -600.77%
2019 1.678.519.000 16.5%
2020 1.040.005.000 -61.4%
2021 689.150.000 -50.91%
2022 610.344.000 -12.91%
2023 474.540.000 -28.62%
2023 532.387.000 10.87%
2024 876.948.000 39.29%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Test-Rite International Co., Ltd. EBITDA
Year EBITDA Growth
2006 2.051.917.000
2007 1.754.253.000 -16.97%
2008 1.393.649.000 -25.87%
2009 1.415.282.000 1.53%
2010 1.883.287.000 24.85%
2011 2.113.699.000 10.9%
2012 1.990.484.000 -6.19%
2013 1.670.727.000 -19.14%
2014 1.569.194.000 -6.47%
2015 1.921.589.000 18.34%
2016 2.129.827.000 9.78%
2017 1.882.659.000 -13.13%
2018 1.462.696.000 -28.71%
2019 3.485.171.000 58.03%
2020 3.694.351.000 5.66%
2021 3.616.455.000 -2.15%
2022 3.145.155.000 -14.98%
2023 3.105.660.000 -1.27%
2023 3.210.062.000 3.25%
2024 3.020.840.000 -6.26%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Test-Rite International Co., Ltd. Gross Profit
Year Gross Profit Growth
2006 8.946.653.000
2007 9.360.604.000 4.42%
2008 8.951.045.000 -4.58%
2009 8.340.279.000 -7.32%
2010 9.684.578.000 13.88%
2011 10.839.010.000 10.65%
2012 10.583.082.000 -2.42%
2013 10.610.334.000 0.26%
2014 10.832.026.000 2.05%
2015 11.302.872.000 4.17%
2016 11.258.814.000 -0.39%
2017 10.782.667.000 -4.42%
2018 10.260.989.000 -5.08%
2019 10.309.142.000 0.47%
2020 10.660.830.000 3.3%
2021 10.706.418.000 0.43%
2022 9.103.060.000 -17.61%
2023 8.687.804.000 -4.78%
2023 8.892.211.000 2.3%
2024 7.577.524.000 -17.35%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Test-Rite International Co., Ltd. Net Profit
Year Net Profit Growth
2006 425.301.000
2007 576.847.000 26.27%
2008 285.113.000 -102.32%
2009 136.771.000 -108.46%
2010 486.818.000 71.91%
2011 636.133.000 23.47%
2012 689.537.000 7.74%
2013 635.139.000 -8.56%
2014 705.731.000 10%
2015 670.509.000 -5.25%
2016 676.029.000 0.82%
2017 823.012.000 17.86%
2018 406.493.000 -102.47%
2019 100.355.000 -305.06%
2020 791.615.000 87.32%
2021 782.834.000 -1.12%
2022 425.889.000 -83.81%
2023 196.592.000 -116.64%
2023 257.699.000 23.71%
2024 398.996.000 35.41%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Test-Rite International Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 1
2007 1 100%
2008 1 0%
2009 0 0%
2010 1 0%
2011 1 100%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 2 0%
2018 1 0%
2019 0 0%
2020 2 100%
2021 2 0%
2022 1 0%
2023 0 0%
2023 1 0%
2024 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Test-Rite International Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2006 1.666.147.000
2007 -1.895.214.000 187.91%
2008 -2.451.868.000 22.7%
2009 860.754.000 384.85%
2010 -47.149.000 1925.6%
2011 -626.511.000 92.47%
2012 1.781.814.000 135.16%
2013 419.175.000 -325.08%
2014 -596.473.000 170.28%
2015 498.389.000 219.68%
2016 1.764.189.000 71.75%
2017 103.142.000 -1610.45%
2018 -1.137.919.000 109.06%
2019 1.109.871.000 202.53%
2020 4.482.169.000 75.24%
2021 1.050.456.000 -326.69%
2022 -654.201.000 260.57%
2023 1.733.914.000 137.73%
2023 1.234.400.000 -40.47%
2024 485.633.000 -154.18%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Test-Rite International Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 3.244.567.000
2007 669.835.000 -384.38%
2008 460.370.000 -45.5%
2009 2.230.143.000 79.36%
2010 912.244.000 -144.47%
2011 1.638.242.000 44.32%
2012 3.122.454.000 47.53%
2013 1.242.003.000 -151.4%
2014 175.545.000 -607.51%
2015 1.544.982.000 88.64%
2016 2.466.549.000 37.36%
2017 340.179.000 -625.07%
2018 985.082.000 65.47%
2019 2.242.120.000 56.06%
2020 4.912.648.000 54.36%
2021 1.484.381.000 -230.96%
2022 -56.563.000 2724.3%
2023 2.123.295.000 102.66%
2023 1.285.779.000 -65.14%
2024 638.136.000 -101.49%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Test-Rite International Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 1.578.420.000
2007 2.565.049.000 38.46%
2008 2.912.238.000 11.92%
2009 1.369.389.000 -112.67%
2010 959.393.000 -42.73%
2011 2.264.753.000 57.64%
2012 1.340.640.000 -68.93%
2013 822.828.000 -62.93%
2014 772.018.000 -6.58%
2015 1.046.593.000 26.24%
2016 702.360.000 -49.01%
2017 237.037.000 -196.31%
2018 2.123.001.000 88.83%
2019 1.132.249.000 -87.5%
2020 430.479.000 -163.02%
2021 433.925.000 0.79%
2022 597.638.000 27.39%
2023 389.381.000 -53.48%
2023 51.379.000 -657.86%
2024 152.503.000 66.31%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Test-Rite International Co., Ltd. Equity
Year Equity Growth
2006 8.105.423.000
2007 8.178.731.000 0.9%
2008 5.911.488.000 -38.35%
2009 6.446.928.000 8.31%
2010 6.733.513.000 4.26%
2011 7.230.700.000 6.88%
2012 6.765.036.000 -6.88%
2013 6.793.160.000 0.41%
2014 7.360.975.000 7.71%
2015 7.429.422.000 0.92%
2016 7.416.283.000 -0.18%
2017 7.672.267.000 3.34%
2018 7.413.484.000 -3.49%
2019 6.436.647.000 -15.18%
2020 6.783.981.000 5.12%
2021 6.982.843.000 2.85%
2022 7.076.408.000 1.32%
2023 6.852.278.000 -3.27%
2023 6.793.765.000 -0.86%
2024 7.380.229.000 7.95%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Test-Rite International Co., Ltd. Assets
Year Assets Growth
2006 20.676.357.000
2007 24.551.747.000 15.78%
2008 23.535.025.000 -4.32%
2009 22.222.064.000 -5.91%
2010 23.171.350.000 4.1%
2011 27.562.408.000 15.93%
2012 22.630.722.000 -21.79%
2013 23.372.238.000 3.17%
2014 24.920.946.000 6.21%
2015 25.195.246.000 1.09%
2016 24.317.298.000 -3.61%
2017 22.872.278.000 -6.32%
2018 25.998.019.000 12.02%
2019 35.675.950.000 27.13%
2020 37.661.698.000 5.27%
2021 38.372.173.000 1.85%
2022 38.745.841.000 0.96%
2023 37.779.691.000 -2.56%
2023 36.590.700.000 -3.25%
2024 38.027.206.000 3.78%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Test-Rite International Co., Ltd. Liabilities
Year Liabilities Growth
2006 12.570.934.000
2007 16.373.016.000 23.22%
2008 17.623.537.000 7.1%
2009 15.775.136.000 -11.72%
2010 16.437.837.000 4.03%
2011 20.331.708.000 19.15%
2012 15.865.686.000 -28.15%
2013 16.579.078.000 4.3%
2014 17.559.971.000 5.59%
2015 17.765.824.000 1.16%
2016 16.901.015.000 -5.12%
2017 15.200.011.000 -11.19%
2018 18.584.535.000 18.21%
2019 29.239.303.000 36.44%
2020 30.877.717.000 5.31%
2021 31.389.330.000 1.63%
2022 31.669.433.000 0.88%
2023 30.927.413.000 -2.4%
2023 29.796.935.000 -3.79%
2024 30.646.977.000 2.77%

Test-Rite International Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
73.34
Net Income per Share
0.54
Price to Earning Ratio
38.1x
Price To Sales Ratio
0.29x
POCF Ratio
3.14
PFCF Ratio
3.8
Price to Book Ratio
1.47
EV to Sales
0.81
EV Over EBITDA
9.93
EV to Operating CashFlow
9.06
EV to FreeCashFlow
10.68
Earnings Yield
0.03
FreeCashFlow Yield
0.26
Market Cap
10,50 Bil.
Enterprise Value
29,54 Bil.
Graham Number
13.05
Graham NetNet
-37.04

Income Statement Metrics

Net Income per Share
0.54
Income Quality
14.28
ROE
0.04
Return On Assets
0.01
Return On Capital Employed
0.03
Net Income per EBT
1.13
EBT Per Ebit
0.33
Ebit per Revenue
0.02
Effective Tax Rate
0.05

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.22
Operating Profit Margin
0.02
Pretax Profit Margin
0.01
Net Profit Margin
0.01

Dividends

Dividend Yield
0.03
Dividend Yield %
2.83
Payout Ratio
2.36
Dividend Per Share
0.58

Operating Metrics

Operating Cashflow per Share
6.56
Free CashFlow per Share
5.56
Capex to Operating CashFlow
0.15
Capex to Revenue
0.01
Capex to Depreciation
0.22
Return on Invested Capital
0.03
Return on Tangible Assets
0.01
Days Sales Outstanding
88.6
Days Payables Outstanding
86.37
Days of Inventory on Hand
75.71
Receivables Turnover
4.12
Payables Turnover
4.23
Inventory Turnover
4.82
Capex per Share
1

Balance Sheet

Cash per Share
5,33
Book Value per Share
14,84
Tangible Book Value per Share
9.8
Shareholders Equity per Share
14
Interest Debt per Share
29.84
Debt to Equity
2.04
Debt to Assets
0.37
Net Debt to EBITDA
6.4
Current Ratio
1.26
Tangible Asset Value
4,88 Bil.
Net Current Asset Value
-12,79 Bil.
Invested Capital
19934886000
Working Capital
3,72 Bil.
Intangibles to Total Assets
0.07
Average Receivables
8,49 Bil.
Average Payables
6,44 Bil.
Average Inventory
6001274500
Debt to Market Cap
1.36

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Test-Rite International Co., Ltd. Dividends
Year Dividends Growth
2000 0
2001 1 0%
2002 1 0%
2003 1 0%
2004 0 0%
2005 2 100%
2006 1 0%
2007 1 0%
2008 1 0%
2009 0 0%
2010 0 0%
2011 1 0%
2012 1 0%
2013 1 100%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 100%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 100%
2022 1 0%
2023 1 0%
2024 1 0%

Test-Rite International Co., Ltd. Profile

About Test-Rite International Co., Ltd.

Test-Rite International Co., Ltd. imports and exports hand tools, auto parts, machinery, furniture, and various home appliances in Asia, America, Europe, Australia, and internationally. It operates through Retail, Trading, and Construction segments. The company offers shovels, sprinklers, etc.; Christmas gifts; outdoor tables and chairs, ice buckets, tents, etc.; barbecue stoves and others; axes, saws, wrenches, and pliers; screws; automobile accessories and supplies, and repair and maintenance products; home storage box and cabinet, and do it yourself (DIY) furniture supplies; and travel storage products. It also provides furniture; stationery; computer accessories; ceiling and electric fans; wall, table, and floor lamps; indoor and outdoor lighting products; blow-dryers, shavers, and infrared detectors; sports and leisure related products, including bicycles, and beauty and health merchandise; recreational products; mattresses, sofas, sofa beds, and leisure chairs; and healthy grains and tea, organic cotton, personal cleaning, and other related products. In addition, the company offers professional services for home improvement, home furnishing, furniture, bedding, interior design, and full-house decorations; and kitchen modification, plumbing and electrical maintenance, waterproofing and leak repair services, as well as air conditioning repair advisory services. Further, it provides information software and electronic information; hardware and construction materials; interior design; mechanical and electronic engineering; cleaning and landscape design; logistics; other information; condominium management; and tally packaging and property leasing services, as well as builds dwellings and rents buildings. As of December 31, 2020, it operated 27 TLW (DIY) stores, 15 community stores, 26 HOLA stores, 3 Crate & Barrel stores, and 11 hoi! stores in Taiwan. The company was incorporated in 1978 and is headquartered in Taipei, Taiwan.

CEO
Ms. Liqiu Lee
Employee
4.543
Address
No. 23, Hsin Hu 3rd Road
Taipei, 114

Test-Rite International Co., Ltd. Executives & BODs

Test-Rite International Co., Ltd. Executives & BODs
# Name Age
1 Mr. Bob Yueh
Senior Vice President of Product Business
70
2 Ms. Lori Huang
Chief Information Officer
70
3 Mr. Edward Kao
Senior Vice President of Product Business
70
4 Ms. Sabrina Kuo
Vice President of Human Resources Management
70
5 Ms. Liqiu Lee
Chairwoman & Chief Executive Officer
70
6 Ms. Linda Lin
Company Secretary, Chief Financial Officer & Senior Vice President of Financial Planning
70
7 Ms. Robin Ho
Chief Operating Officer & Director
70
8 Mr. Eric Chang
Vice President of the Group Investor Relationship Department
70
9 Ms. JingJing Kuo
Vice President of Customer Sales Operation & Shipping
70
10 Mr. Tony Ho
Chief Executive Officer of Strategy & New Business Development and Director
70

Test-Rite International Co., Ltd. Competitors