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Test-Rite International TWSE:2908 Stock Report

Last Price

NT$20.50

Market Cap

NT$10.2b

7D

-5.7%

1Y

1.2%

Updated

19 Jun, 2024

Data

Company Financials

Test-Rite International Co., Ltd.

TWSE:2908 Stock Report

Market Cap: NT$10.2b

2908 Stock Overview

Imports and exports household products in Asia, America, Europe, Australia, and internationally.

2908 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends2/6

Test-Rite International Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Test-Rite International
Historical stock prices
Current Share PriceNT$20.50
52 Week HighNT$22.50
52 Week LowNT$20.00
Beta0.26
1 Month Change-2.38%
3 Month Change0.49%
1 Year Change1.23%
3 Year Change-22.93%
5 Year Change-5.31%
Change since IPO-53.74%

Recent News & Updates

Test-Rite International (TWSE:2908) Has Announced That Its Dividend Will Be Reduced To NT$0.5832

May 31
Test-Rite International (TWSE:2908) Has Announced That Its Dividend Will Be Reduced To NT$0.5832

Test-Rite International's (TWSE:2908) Weak Earnings May Only Reveal A Part Of The Whole Picture

May 22
Test-Rite International's (TWSE:2908) Weak Earnings May Only Reveal A Part Of The Whole Picture

Recent updates

Test-Rite International (TWSE:2908) Has Announced That Its Dividend Will Be Reduced To NT$0.5832

May 31
Test-Rite International (TWSE:2908) Has Announced That Its Dividend Will Be Reduced To NT$0.5832

Test-Rite International's (TWSE:2908) Weak Earnings May Only Reveal A Part Of The Whole Picture

May 22
Test-Rite International's (TWSE:2908) Weak Earnings May Only Reveal A Part Of The Whole Picture

Test-Rite International Co., Ltd. (TPE:2908) Is Yielding 4.1% - But Is It A Buy?

Apr 25
Test-Rite International Co., Ltd. (TPE:2908) Is Yielding 4.1% - But Is It A Buy?

Slowing Rates Of Return At Test-Rite International (TPE:2908) Leave Little Room For Excitement

Apr 04
Slowing Rates Of Return At Test-Rite International (TPE:2908) Leave Little Room For Excitement

Introducing Test-Rite International (TPE:2908), A Stock That Climbed 38% In The Last Year

Mar 13
Introducing Test-Rite International (TPE:2908), A Stock That Climbed 38% In The Last Year

Is Test-Rite International Co., Ltd.'s (TPE:2908) ROE Of 12% Impressive?

Feb 20
Is Test-Rite International Co., Ltd.'s (TPE:2908) ROE Of 12% Impressive?

Is Test-Rite International (TPE:2908) Using Too Much Debt?

Feb 02
Is Test-Rite International (TPE:2908) Using Too Much Debt?

Is Test-Rite International Co., Ltd. (TPE:2908) A Great Dividend Stock?

Jan 15
Is Test-Rite International Co., Ltd. (TPE:2908) A Great Dividend Stock?

The Trends At Test-Rite International (TPE:2908) That You Should Know About

Dec 29
The Trends At Test-Rite International (TPE:2908) That You Should Know About

Did You Participate In Any Of Test-Rite International's (TPE:2908) Respectable 72% Return?

Dec 11
Did You Participate In Any Of Test-Rite International's (TPE:2908) Respectable 72% Return?

Here's Why We Think Test-Rite International's (TPE:2908) Statutory Earnings Might Be Conservative

Nov 24
Here's Why We Think Test-Rite International's (TPE:2908) Statutory Earnings Might Be Conservative

Shareholder Returns

2908TW Retail DistributorsTW Market
7D-5.7%-2.3%4.3%
1Y1.2%7.6%30.9%

Return vs Industry: 2908 underperformed the TW Retail Distributors industry which returned 7.6% over the past year.

Return vs Market: 2908 underperformed the TW Market which returned 30.9% over the past year.

Price Volatility

Is 2908's price volatile compared to industry and market?
2908 volatility
2908 Average Weekly Movement1.5%
Retail Distributors Industry Average Movement3.9%
Market Average Movement4.7%
10% most volatile stocks in TW Market8.4%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 2908 has not had significant price volatility in the past 3 months.

Volatility Over Time: 2908's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1978n/aJudy Leewww.testritegroup.com

Test-Rite International Co., Ltd. imports and exports household products in Asia, America, Europe, Australia, and internationally. The company operates through Retail, Trading, and Construction segments. It offers shovels, sprinklers, etc.; Christmas gifts; outdoor tables and chairs, ice buckets, tents, etc.; barbecue stoves and other equipment; 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.

Test-Rite International Co., Ltd. Fundamentals Summary

How do Test-Rite International's earnings and revenue compare to its market cap?
2908 fundamental statistics
Market capNT$10.16b
Earnings (TTM)NT$227.40m
Revenue (TTM)NT$35.78b

44.7x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2908 income statement (TTM)
RevenueNT$35.78b
Cost of RevenueNT$26.87b
Gross ProfitNT$8.92b
Other ExpensesNT$8.69b
EarningsNT$227.40m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.46
Gross Margin24.92%
Net Profit Margin0.64%
Debt/Equity Ratio185.8%

How did 2908 perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

131%

Payout Ratio
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