Test-Rite International Co., Ltd.

TWSE:2908 Stock Report

Market Cap: NT$10.3b

Test-Rite International Past Earnings Performance

Past criteria checks 2/6

Test-Rite International has been growing earnings at an average annual rate of 11.2%, while the Retail Distributors industry saw earnings growing at 11.2% annually. Revenues have been declining at an average rate of 1.2% per year. Test-Rite International's return on equity is 4.1%, and it has net margins of 0.7%.

Key information

11.2%

Earnings growth rate

11.3%

EPS growth rate

Retail Distributors Industry Growth14.6%
Revenue growth rate-1.2%
Return on equity4.1%
Net Margin0.7%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

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

Revenue & Expenses Breakdown
Beta

How Test-Rite International makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:2908 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2335,4112588,4220
30 Sep 2335,3852098,4020
30 Jun 2335,3183048,4880
31 Mar 2336,3443258,7710
31 Dec 2237,4094268,9060
30 Sep 2240,3066249,2900
30 Jun 2241,9416579,2250
31 Mar 2241,9637638,9380
31 Dec 2143,7577839,0950
30 Sep 2143,5218068,9400
30 Jun 2143,6958869,1720
31 Mar 2144,1519479,6030
31 Dec 2041,7917929,5120
30 Sep 2039,8607719,3460
30 Jun 2038,7356829,2820
31 Mar 2037,398449,2100
31 Dec 1938,0611009,4530
30 Sep 1938,786-2409,7710
30 Jun 1938,843-2419,8420
31 Mar 1939,4292759,8040
31 Dec 1839,8984069,7780
30 Sep 1838,8038309,6270
30 Jun 1838,2378279,6850
31 Mar 1837,5948259,9410
31 Dec 1736,9638239,8220
30 Sep 1736,6527019,7940
30 Jun 1736,0396929,7850
31 Mar 1735,5196779,4820
31 Dec 1635,4436769,6900
30 Sep 1635,4256759,8260
30 Jun 1635,7586749,8090
31 Mar 1635,9676679,8410
31 Dec 1535,9816719,7470
30 Sep 1536,4287529,6490
30 Jun 1536,6407519,6080
31 Mar 1536,5507449,4240
31 Dec 1435,9467069,1100
30 Sep 1435,8867009,0390
30 Jun 1435,6626809,0040
31 Mar 1435,3876619,0600
31 Dec 1335,2046359,0840
30 Sep 1334,2665719,0820
30 Jun 1334,0695538,9190

Quality Earnings: 2908 has high quality earnings.

Growing Profit Margin: 2908's current net profit margins (0.7%) are lower than last year (1.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2908's earnings have grown by 11.2% per year over the past 5 years.

Accelerating Growth: 2908's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2908 had negative earnings growth (-39.5%) over the past year, making it difficult to compare to the Retail Distributors industry average (-26.6%).


Return on Equity

High ROE: 2908's Return on Equity (4.1%) is considered low.


Return on Assets


Return on Capital Employed


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