Test Research Future Growth

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for Test Research.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Electronic earnings growth	24.7%
Revenue growth rate	n/a
Future return on equity	n/a
Analyst coverage	None
Last updated	n/a

Recent future growth updates

No updates

Recent updates

Capital Investment Trends At Test Research (TWSE:3030) Look Strong

Oct 17

Test Research, Inc.'s (TWSE:3030) Popularity With Investors Under Threat As Stock Sinks 27%

Aug 05

Test Research (TWSE:3030) May Have Issues Allocating Its Capital

Jul 11

Test Research (TWSE:3030) Has Announced That Its Dividend Will Be Reduced To NT$3.30

Jun 01

Optimistic Investors Push Test Research, Inc. (TWSE:3030) Shares Up 67% But Growth Is Lacking

May 31

Test Research (TPE:3030) Has Compensated Shareholders With A Respectable 70% Return On Their Investment

Jan 24

Is Test Research, Inc.'s (TPE:3030) Latest Stock Performance Being Led By Its Strong Fundamentals?

Jan 05

Is Test Research, Inc. (TPE:3030) A Good Dividend Stock?

Dec 18

Here's Why I Think Test Research (TPE:3030) Is An Interesting Stock

Nov 30

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Test Research has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

TWSE:3030 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2024	6,169	1,588	879	1,196	N/A
6/30/2024	5,570	1,446	954	1,375	N/A
3/31/2024	4,779	1,186	963	1,473	N/A
12/31/2023	4,435	1,001	1,001	1,878	N/A
9/30/2023	4,540	1,043	1,081	2,020	N/A
6/30/2023	5,051	1,283	1,207	2,278	N/A
3/31/2023	5,955	1,602	1,256	2,294	N/A
12/31/2022	6,709	1,921	787	1,467	N/A
9/30/2022	6,620	1,855	342	967	N/A
6/30/2022	6,467	1,657	-13	308	N/A
3/31/2022	6,180	1,480	29	274	N/A
12/31/2021	5,607	1,185	436	591	N/A
9/30/2021	5,228	1,071	911	1,008	N/A
6/30/2021	5,202	1,093	1,115	1,192	N/A
3/31/2021	5,136	1,118	1,144	1,205	N/A
12/31/2020	4,951	1,093	1,068	1,120	N/A
9/30/2020	5,156	1,157	830	874	N/A
6/30/2020	4,840	1,061	1,072	1,122	N/A
3/31/2020	4,573	970	1,031	1,083	N/A
12/31/2019	4,387	939	1,304	1,358	N/A
9/30/2019	4,261	939	1,545	1,600	N/A
6/30/2019	4,466	961	1,292	1,341	N/A
3/31/2019	4,831	1,088	948	998	N/A
12/31/2018	4,919	1,064	576	627	N/A
9/30/2018	4,752	976	-50	-5	N/A
6/30/2018	4,616	987	N/A	-91	N/A
3/31/2018	3,915	734	N/A	109	N/A
12/31/2017	3,601	595	N/A	248	N/A
9/30/2017	3,397	552	N/A	588	N/A
6/30/2017	3,017	370	N/A	345	N/A
3/31/2017	3,131	400	N/A	551	N/A
12/31/2016	3,100	429	N/A	553	N/A
9/30/2016	3,155	389	N/A	658	N/A
6/30/2016	4,012	752	N/A	805	N/A
3/31/2016	4,322	821	N/A	681	N/A
12/31/2015	4,754	999	N/A	676	N/A
9/30/2015	4,961	1,152	N/A	974	N/A
6/30/2015	6,474	1,497	N/A	1,641	N/A
3/31/2015	6,374	1,452	N/A	1,519	N/A
12/31/2014	5,870	1,260	N/A	1,155	N/A
9/30/2014	5,851	1,207	N/A	1,029	N/A
6/30/2014	4,375	830	N/A	759	N/A
3/31/2014	4,076	796	N/A	768	N/A
12/31/2013	4,084	806	N/A	1,115	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 3030's forecast earnings growth is above the savings rate (1.1%).

Earnings vs Market: Insufficient data to determine if 3030's earnings are forecast to grow faster than the TW market

High Growth Earnings: Insufficient data to determine if 3030's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if 3030's revenue is forecast to grow faster than the TW market.

High Growth Revenue: Insufficient data to determine if 3030's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if 3030's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 19:59
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Test Research, Inc. is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Andrea Su	CLSA
Kunta Kuo	E.Sun Securities Investment Consulting Co. Ltd.
Cindy Hsiao	Jih Sun Securities Investment Consulting Co., Ltd.

Test Research Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Recent updates

New major risk - Financial data availability

Third quarter 2024 earnings released: EPS: NT$1.64 (vs NT$1.04 in 3Q 2023)

Test Research, Inc. to Report Q3, 2024 Results on Nov 01, 2024

Capital Investment Trends At Test Research (TWSE:3030) Look Strong

Investor sentiment deteriorates as stock falls 18%

Second quarter 2024 earnings released: EPS: NT$1.97 (vs NT$0.87 in 2Q 2023)

Investor sentiment deteriorates as stock falls 16%

Test Research, Inc.'s (TWSE:3030) Popularity With Investors Under Threat As Stock Sinks 27%

Test Research, Inc. to Report Q2, 2024 Results on Aug 07, 2024

Test Research (TWSE:3030) May Have Issues Allocating Its Capital

Test Research (TWSE:3030) Has Announced That Its Dividend Will Be Reduced To NT$3.30

Dividend reduced to NT$3.30

Optimistic Investors Push Test Research, Inc. (TWSE:3030) Shares Up 67% But Growth Is Lacking

Test Research, Inc. Announces Cash Dividends, Payable on July 5, 2024

Investor sentiment improves as stock rises 16%

First quarter 2024 earnings released: EPS: NT$1.93 (vs NT$1.15 in 1Q 2023)

Test Research, Inc. to Report Q1, 2024 Results on May 08, 2024

Test Research, Inc. to Report Q1, 2024 Results on May 08, 2024

Test Research, Inc.'s (TWSE:3030) 25% Share Price Surge Not Quite Adding Up

Full year 2023 earnings released: EPS: NT$4.24 (vs NT$8.13 in FY 2022)

Test Research, Inc., Annual General Meeting, May 29, 2024

Now 20% overvalued after recent price rise

Test Research, Inc. Appoints Dino Tsai as Chief Information Security Officer

Third quarter 2023 earnings released: EPS: NT$1.04 (vs NT$2.06 in 3Q 2022)

Second quarter 2023 earnings released: EPS: NT$0.87 (vs NT$2.22 in 2Q 2022)

Upcoming dividend of NT$4.50 per share at 7.0% yield

Full year 2022 earnings released: EPS: NT$8.13 (vs NT$5.02 in FY 2021)

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: NT$2.06 (vs NT$1.22 in 3Q 2021)

Second quarter 2022 earnings released: EPS: NT$2.22 (vs NT$1.47 in 2Q 2021)

Upcoming dividend of NT$3.30 per share

First quarter 2022 earnings released: EPS: NT$2.50 (vs NT$1.25 in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Test Research, Inc., Annual General Meeting, May 25, 2022

Third quarter 2021 earnings released: EPS NT$1.22 (vs NT$1.32 in 3Q 2020)

Second quarter 2021 earnings released: EPS NT$1.47 (vs NT$1.58 in 2Q 2020)

Upcoming dividend of NT$3.30 per share

First quarter 2021 earnings released: EPS NT$1.25 (vs NT$1.14 in 1Q 2020)

Is Test Research, Inc. (TPE:3030) A Smart Choice For Dividend Investors?

With EPS Growth And More, Test Research (TPE:3030) Is Interesting

Full year 2020 earnings released: EPS NT$4.63 (vs NT$3.97 in FY 2019)

Test Research, Inc., Annual General Meeting, May 26, 2021

Test Research, Inc. Announces Change to the Research and Development Officer, Effective March 1, 2021

New 90-day high: NT$59.10

Should You Invest In Test Research (TPE:3030)?

Test Research, Inc. Announces Retirement of KuangPu Wen as Research and Development Officer