Test Research, Inc.

TWSE:3030 Stock Report

Market Cap: NT$28.8b

Test Research Past Earnings Performance

Past criteria checks 6/6

Test Research has been growing earnings at an average annual rate of 7.8%, while the Electronic industry saw earnings growing at 10.2% annually. Revenues have been growing at an average rate of 3.6% per year. Test Research's return on equity is 20.5%, and it has net margins of 25.7%.

Key information

7.8%

Earnings growth rate

7.8%

EPS growth rate

Electronic Industry Growth14.8%
Revenue growth rate3.6%
Return on equity20.5%
Net Margin25.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

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

Oct 17
Capital Investment Trends At Test Research (TWSE:3030) Look Strong

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

Aug 05
Test Research, Inc.'s (TWSE:3030) Popularity With Investors Under Threat As Stock Sinks 27%

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

Jul 11
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

Jun 01
Test Research (TWSE:3030) Has Announced That Its Dividend Will Be Reduced To NT$3.30

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

May 31
Optimistic Investors Push Test Research, Inc. (TWSE:3030) Shares Up 67% But Growth Is Lacking

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

Apr 15
Test Research, Inc.'s (TWSE:3030) 25% Share Price Surge Not Quite Adding Up

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

Mar 19
Is Test Research, Inc. (TPE:3030) A Smart Choice For Dividend Investors?

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

Mar 01
With EPS Growth And More, Test Research (TPE:3030) Is Interesting

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

Feb 11
Should You Invest In Test Research (TPE:3030)?

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

Jan 24
Test Research (TPE:3030) Has Compensated Shareholders With A Respectable 70% Return On Their Investment

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

Jan 05
Is Test Research, Inc.'s (TPE:3030) Latest Stock Performance Being Led By Its Strong Fundamentals?

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

Dec 18
Is Test Research, Inc. (TPE:3030) A Good Dividend Stock?

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

Nov 30
Here's Why I Think Test Research (TPE:3030) Is An Interesting Stock

Revenue & Expenses Breakdown

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

Earnings and Revenue History

TWSE:3030 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246,1691,5881,137539
30 Jun 245,5701,4461,099500
31 Mar 244,7791,1861,016455
31 Dec 234,4351,001994428
30 Sep 234,5401,0431,001443
30 Jun 235,0511,2831,054478
31 Mar 235,9551,6021,124500
31 Dec 226,7091,9211,160535
30 Sep 226,6201,8551,167551
30 Jun 226,4671,6571,098537
31 Mar 226,1801,4801,046526
31 Dec 215,6071,185993497
30 Sep 215,2281,071936452
30 Jun 215,2021,093937412
31 Mar 215,1361,118906394
31 Dec 204,9511,093887391
30 Sep 205,1561,157912416
30 Jun 204,8401,061872444
31 Mar 204,573970880455
31 Dec 194,387939871423
30 Sep 194,261939867405
30 Jun 194,466961921388
31 Mar 194,8311,088970379
31 Dec 184,9191,064980380
30 Sep 184,752976967367
30 Jun 184,616987940346
31 Mar 183,915734870331
31 Dec 173,601595836314
30 Sep 173,397552822294
30 Jun 173,017370798302
31 Mar 173,131400808309
31 Dec 163,100429825326
30 Sep 163,155389868354
30 Jun 164,012752940380
31 Mar 164,322821991385
31 Dec 154,7549991,005379
30 Sep 154,9611,1521,007370
30 Jun 156,4741,4971,026393
31 Mar 156,3741,452971388
31 Dec 145,8701,260957378
30 Sep 145,8511,207906391
30 Jun 144,375830828351
31 Mar 144,076796802336

Quality Earnings: 3030 has high quality earnings.

Growing Profit Margin: 3030's current net profit margins (25.7%) are higher than last year (23%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 3030's earnings have grown by 7.8% per year over the past 5 years.

Accelerating Growth: 3030's earnings growth over the past year (52.3%) exceeds its 5-year average (7.8% per year).

Earnings vs Industry: 3030 earnings growth over the past year (52.3%) exceeded the Electronic industry 6.6%.

Return on Equity

High ROE: 3030's Return on Equity (20.5%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 20:38
End of Day Share Price 2024/12/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Andrea SuCLSA
Kunta KuoE.Sun Securities Investment Consulting Co. Ltd.
Cindy HsiaoJih Sun Securities Investment Consulting Co., Ltd.