YOLFTbeta
30

Test Research Inc

3030 · TW · Technology / Scientific & Technical Instruments

232.00TWD+9.50 (+4.27%)

Price History

Full chart

Market Stats

Previous Close222.50
Open227.50
Day Range227.50 – 236.50
52-Week Range139.50 – 457.50
Volume953.48K
Market Cap68.27B
P/E (TTM)21.89
Forward P/E11.85
EPS13.20
Dividend Yield2.51%
Beta0.51
50-Day Avg281.54
200-Day Avg276.44

About

Test Research, Inc., together with its subsidiaries, engages in the design, assembly, manufacturing, sales, and repair of automated inspection and testing equipment in Asia, the Americas, Europe, and internationally. The company offers optical inspection solutions, including 3D solder paste inspection; automated optical inspection; conformal coating inspection; and automated x-ray inspection. It also provides electrical test, such as manufacturing defects analyzer and in-circuit tester; and optical and x-ray inspection solutions. Test Research, Inc. was founded in 1978 and is headquartered in Taipei, Taiwan.

Company Details

  • SectorTechnology
  • IndustryScientific & Technical Instruments
  • CEOMr. Chieh-Yuan Chen
  • Employees0
  • HeadquartersNo. 45, Dexing West Road, Taipei, Taiwan, 11158, Taiwan
  • Websitehttps://www.tri.com.tw

Leadership

  • Mr. Chieh-Yuan ChenFounder, Chairman & President
  • Mr. Kaun-Yuan ChenDirector of Finance Department & Accounting Chief
  • Mr. Chiang Huai LinVP of Global Sales Division & Director
  • Mr. Chia-Lang TsaiChief Information Security Officer & Senior Manager of Human Resources Department

Financials

Income Statement

Currency: TWD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue776.49M902.26M1.55B1.44B2.04B2.54B2.09B1.71B3.76B3.90B5.54B4.08B5.87B4.75B3.10B3.60B4.92B4.39B4.95B5.61B6.71B4.44B6.36B8.47B
Growth (%)-+16.20%+72.09%-7.24%+41.48%+24.59%-17.77%-18.06%+119.60%+3.76%+42.09%-26.26%+43.73%-19.00%-34.80%+16.18%+36.61%-10.83%+12.85%+13.25%+19.66%-33.89%+43.31%+33.22%
Cost of Revenue283.82M349.16M624.19M597.74M905.32M1.09B932.60M806.69M1.68B1.78B2.49B2.03B3.18B2.22B1.40B1.69B2.29B1.90B2.24B2.56B2.86B1.80B2.57B3.53B
Gross Profit----1.13B1.45B1.16B903.89M2.07B2.12B3.05B2.06B2.69B2.53B1.70B1.91B2.63B2.49B2.72B3.05B3.85B2.63B3.78B4.94B
Gross Margin----55.57%56.98%55.33%52.84%55.17%54.41%55.07%50.34%45.85%53.31%54.70%52.97%53.45%56.75%54.85%54.36%57.37%59.31%59.54%58.35%
Operating Expense----493.18M635.55M691.19M682.00M949.11M996.33M1.21B1.14B1.33B1.38B1.15B1.15B1.34B1.35B1.34B1.49B1.39B1.42B1.75B1.95B
Operating Income228.75M212.22M498.20M340.10M639.30M811.13M463.93M221.89M1.12B1.12B1.84B912.54M1.36B1.15B544.72M757.68M1.28B1.14B1.38B1.56B2.46B1.21B2.04B2.99B
Operating Margin29.46%23.52%32.09%23.61%31.37%31.95%22.22%12.97%29.91%28.85%33.28%22.34%23.10%24.20%17.57%21.04%26.11%26.03%27.83%27.76%36.70%27.25%32.03%35.34%
EBITDA----723.23M896.62M599.73M337.98M1.14B1.31B1.90B1.07B1.57B1.35B645.45M812.35M1.43B1.29B1.50B1.70B2.60B1.40B2.38B3.19B
EBITDA Margin----35.49%35.32%28.73%19.76%30.31%33.52%34.22%26.22%26.82%28.43%20.82%22.56%29.13%29.38%30.37%30.26%38.71%31.60%37.47%37.67%
Net Income184.95M164.06M432.58M347.72M596.10M773.62M469.72M195.92M906.12M963.72M1.43B806.30M1.26B998.90M429.22M594.87M1.06B938.70M1.09B1.19B1.92B1.00B1.84B2.48B
Net Income Margin23.82%18.18%27.86%24.14%29.25%30.47%22.50%11.45%24.12%24.73%25.88%19.74%21.47%21.01%13.85%16.52%21.64%21.40%22.07%21.14%28.64%22.58%28.90%29.27%
R&D72.93M82.71M108.05M99.89M115.59M155.10M166.98M166.75M218.81M239.44M326.45M341.64M378.37M379.49M325.81M314.37M379.84M422.54M390.75M497.04M534.90M428.17M573.00M640.19M
R&D as % of Total Revenue9.39%9.17%6.96%6.94%5.67%6.11%8.00%9.75%5.82%6.14%5.89%8.37%6.45%7.98%10.51%8.73%7.72%9.63%7.89%8.87%7.97%9.65%9.02%7.56%
Interest Expense00002.14M4.51M4.52M750.00K1.93M3.00K0597.00K115.00K00047.00K1.41M1.37M1.55M2.33M2.75M2.83M2.47M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.11%0.18%0.22%0.04%0.05%0.00%0.00%0.01%0.00%0.00%0.00%0.00%0.00%0.03%0.03%0.03%0.03%0.06%0.04%0.03%

Balance Sheet

Currency: TWD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.26B1.47B1.88B2.11B2.78B3.30B3.51B3.73B4.53B5.14B6.58B6.21B6.80B6.65B5.77B6.06B6.47B6.57B7.00B8.01B9.17B8.91B10.14B12.16B
Total Liabilities399.60M454.39M459.27M430.47M634.55M544.85M467.75M624.38M639.57M722.57M1.33B987.18M1.09B963.97M644.27M1.05B1.12B1.19B1.30B1.91B1.91B1.72B1.86B2.55B
Total Equity865.05M1.02B1.42B1.68B2.15B2.76B3.04B3.11B3.89B4.42B5.25B5.22B5.72B5.69B5.13B5.01B5.35B5.38B5.70B6.10B7.27B7.19B8.28B9.60B
Cash87.27M53.43M104.43M207.18M195.27M241.35M186.68M197.76M660.29M1.10B1.91B2.18B2.54B2.17B1.73B1.23B1.10B1.30B1.56B1.23B1.15B859.92M873.59M1.29B
Total Debt----313.96M18.25M133.95M58.45M17.07M13.45M11.16M15.23M22.51M22.51M15.90M43.00M26.90M87.92M60.29M87.19M62.36M66.69M46.71M68.18M
Net Debt----118.68M-223.10M-52.73M-139.31M-643.22M-1.09B-1.89B-2.17B-2.52B-2.15B-1.71B-1.19B-1.07B-1.21B-1.50B-1.14B-1.09B-793.23M-826.88M-1.22B

Cash Flow

Currency: TWD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow172.02M61.04M260.25M385.99M466.75M771.25M683.64M319.27M659.46M911.56M1.43B1.12B1.16B675.76M553.03M248.47M626.81M1.36B1.12B591.41M1.47B1.88B1.16B1.72B
Investing Cash Flow-----589.05M-273.26M-673.98M-23.76M-43.06M-25.83M-32.43M-27.69M-22.26M-16.34M-18.83M-32.98M-41.48M-245.88M-56.55M-108.46M-754.49M-1.06B-369.93M-96.94M
Financing Cash Flow16.29M---105.52M-459.60M-90.35M-274.92M-131.29M-465.44M-584.16M-824.53M-779.51M-1.02B-944.86M-708.65M-708.65M-898.36M-806.17M-806.65M-813.90M-1.10B-814.70M-1.20B
Capital Expenditure212.68M83.61M154.16M95.85M622.24M279.96M698.50M24.48M51.86M23.90M24.86M36.51M30.45M33.27M33.48M41.49M51.19M53.75M52.61M155.13M679.93M876.80M388.97M286.63M
Free Cash Flow-----155.48M491.29M-14.86M294.79M607.61M887.66M1.41B1.08B1.12B642.49M519.55M206.98M575.62M1.30B1.07B436.28M787.28M1.00B770.64M1.43B
Dividends Paid-18.47M15.15M88.83M109.04M153.19M184.56M185.30M96.29M465.06M584.16M824.53M779.51M1.02B944.86M708.65M708.65M874.00M779.51M779.51M779.51M1.06B779.51M1.18B
FCF to OCF-----33.31%63.70%-2.17%92.33%92.14%97.38%98.26%96.73%97.36%95.08%93.95%83.30%91.83%96.04%95.30%73.77%53.66%53.31%66.46%83.33%
Dividend Paid to FCF-----70.13%31.18%-1242.16%62.86%15.85%52.39%41.57%76.45%69.31%158.09%181.86%342.37%123.11%67.00%73.02%178.67%99.01%106.19%101.15%82.46%

Earnings

Report DateJan 8, 2007Jul 6, 2007Jan 8, 2008Sep 3, 2008Oct 7, 2008Feb 25, 2009Apr 7, 2009Jul 7, 2009Oct 30, 2009Mar 3, 2010Jun 2, 2010Sep 1, 2010Dec 1, 2010Mar 2, 2011Apr 21, 2011Aug 31, 2011Oct 28, 2011Mar 1, 2012May 30, 2012Aug 27, 2012Nov 28, 2012Feb 27, 2013May 6, 2013Aug 12, 2013Nov 11, 2013Feb 24, 2014May 28, 2014Aug 11, 2014Nov 10, 2014Mar 11, 2015Jun 3, 2015Sep 2, 2015Dec 2, 2015Mar 2, 2016Jun 1, 2016Aug 31, 2016Oct 31, 2016Jan 9, 2017Apr 11, 2017Jul 7, 2017Nov 2, 2017Mar 1, 2018May 30, 2018Aug 29, 2018Oct 25, 2018Feb 21, 2019May 29, 2019Aug 28, 2019Oct 24, 2019Feb 20, 2020Jun 3, 2020Sep 2, 2020Oct 29, 2020Feb 26, 2021Aug 4, 2021Nov 3, 2021Feb 23, 2022Aug 5, 2022Nov 2, 2022Feb 22, 2023May 3, 2023Aug 2, 2023
EPS Estimate0.740.890.55-1.27--0.040.520.45-----0.27-1.640.74-1.24--0.690.871.890.81-0.883.670.930.53-------------------------------
EPS Actual0.301.220.401.250.84-0.02-0.100.200.380.370.811.541.240.230.270.951.540.230.971.382.720.950.420.751.670.560.390.893.260.791.191.081.810.130.440.790.270.310.320.661.040.490.911.731.000.861.011.190.910.861.141.571.320.591.251.221.072.492.061.351.150.87
Surprise-59.46%37.08%-27.27%--33.86%--150.00%-61.54%-15.56%-----0.00%--6.10%-68.92%-11.29%---39.13%-13.79%-11.64%-30.86%-1.14%-11.17%-15.05%124.11%-------------------------------
TimingPre-marketPre-marketPre-market-Pre-market-Pre-marketPre-marketPre-market-----After-hours-After-hoursAfter-hours-After-hours--After-hoursPre-marketAfter-hoursAfter-hours-Pre-marketPre-marketPre-market------After-hoursPre-marketPre-marketPre-marketPre-marketPre-market--------------Pre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap68.27B
Enterprise Value60.13B
Trailing P/E21.89
Forward P/E11.85
PEG Ratio15.98
Price / Sales7.16
Price / Book6.42
EPS13.20
Book Value41.20
Revenue (TTM)9.54B
Gross Profit (TTM)5.64B
EBITDA3.63B
Profit Margin32.69%
Operating Margin38.95%
Return on Equity34.97%
Return on Assets16.16%
Shares Outstanding236.22M
Shares Float136.59M
Beta0.51
Dividend Yield2.51%
Dividend Rate7.00
Payout Ratio53.09%

Dividends

20231×
4.50Jun 15, 2023
20221×
3.30Jun 10, 2022
20211×
3.30Jul 22, 2021
20201×
3.30Jun 11, 2020
20191×
3.70Jun 14, 2019
20181×
3.00Jun 14, 2018
20171×
3.00Jun 13, 2017
20161×
4.00Jun 21, 2016
20151×
4.30Jun 17, 2015
20141×
3.30Jul 1, 2014
20131×
3.70Jul 23, 2013
20121×
2.55Jul 11, 2012
20111×
2.11Jul 19, 2011
20101×
0.43Jul 21, 2010
20091×
0.82Sep 15, 2009
20081×
0.96Aug 6, 2008
20071×
0.81Aug 29, 2007
20061×
0.57Aug 29, 2006
20051×
0.50Aug 30, 2005
20041×
0.08Sep 16, 2004
20031×
0.11Sep 16, 2003

Stock Splits

  • Jul 23, 201353:50
  • Jul 11, 2012103:100
  • Jul 19, 2011107:100
  • Jul 21, 201021:20
  • Sep 15, 200951:50
  • Aug 6, 200859:50
  • Aug 29, 200759:50
  • Aug 29, 200623:20
  • Aug 30, 20056:5
  • Sep 16, 200423:20
  • Sep 16, 20036:5
  • Jun 5, 20026:5
  • Sep 26, 2001257:200