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Test Rite International Co Stock

Test Rite International Co Market capitalization 2024

Test Rite International Co Market capitalization

10.16 B TWD

Ticker

2908.TW

ISIN

TW0002908001

In 2024, Test Rite International Co's market cap stood at 10.16 B TWD, a 2.11% increase from the 9.95 B TWD market cap in the previous year.

The Test Rite International Co Market capitalization history

YEARMarket Capitalization (undefined TWD)
202310.16
202210.52
202112.37
202010.94
201910.88
201811.69
201710.93
201610.03
201510.42
201410.57
201311.03
201210.17
201111.32
20109.85
20096.92
20087.81
20078.57
20068.51
20058.67
20047.54

Test Rite International Co Aktienanalyse

What does Test Rite International Co do?

Test Rite International Co Ltd is a Taiwanese company that has evolved into a global corporation with numerous product divisions since its establishment in 1981. The company primarily focuses on the manufacturing and distribution of consumer goods, including household items, electronic products, as well as hardware and garden supplies. Test Rite's headquarters is located in Taipei, Taiwan. History of the company Test Rite was founded in 1981 by James Wu and initially started as a small importer of goods such as tools, hardware, and DIY supplies. The company rapidly expanded in the 1990s and was able to increase its revenue through the transition to private labels and the introduction of new products. It has since become one of Taiwan's leading companies, operating globally. Business model Test Rite's business concept is based on an efficient and transparent value chain that is focused on the utilization of cutting-edge technologies and services. An important success factor is the extensive network of production facilities in Asia that enables the company to operate cost-effectively. Company divisions Test Rite operates in a variety of sectors, including household items, hardware and garden supplies, electronics, and toys. The various divisions are marketed under different brand names such as Bonny, Simplicity, Style Selections, and Garden Oasis. Each brand is targeted towards a specific market and has its own identity and target audience. Products by Test Rite Test Rite offers a wide range of consumer goods, including household items such as tableware, kitchen utensils, chopping boards, irons, vacuum cleaners, and many more products. The hardware and garden supplies brand, Garden Oasis, offers products such as outdoor furniture, umbrellas, grills, and outdoor lighting. The electronics division includes brands such as Durabrand, Emerson, and Magnavox, offering television sets, DVD players, and other entertainment electronics. The toy brand, Simplicity, offers toys for children of all ages. Conclusion Test Rite International Co Ltd has become a significant player in the consumer goods industry. The wide range of products marketed under different brand names, as well as the variety of divisions offered, make Test Rite an important participant in the global markets. The company follows an innovative business concept that emphasizes cost-efficiency, modern technologies, and transparency, which is likely to ensure its continued success in the future. Test Rite International Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Test Rite International Co's Market Capitalization

Test Rite International Co's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Test Rite International Co's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Test Rite International Co's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Test Rite International Co’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Test Rite International Co stock

What is the current Test Rite International Co market capitalization?

The current market capitalization of Test Rite International Co is 10.16 B TWD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Test Rite International Co.

How has the market capitalization of Test Rite International Co developed in recent years?

The market capitalization of Test Rite International Co has increased/decreased by 2.11% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Test Rite International Co?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Test Rite International Co?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Test Rite International Co have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Test Rite International Co pay?

Over the past 12 months, Test Rite International Co paid a dividend of 1.28 TWD . This corresponds to a dividend yield of about 6.24 %. For the coming 12 months, Test Rite International Co is expected to pay a dividend of 1.28 TWD.

What is the dividend yield of Test Rite International Co?

The current dividend yield of Test Rite International Co is 6.24 %.

When does Test Rite International Co pay dividends?

Test Rite International Co pays a quarterly dividend. This is distributed in the months of August, July, July, July.

How secure is the dividend of Test Rite International Co?

Test Rite International Co paid dividends every year for the past 20 years.

What is the dividend of Test Rite International Co?

For the upcoming 12 months, dividends amounting to 1.28 TWD are expected. This corresponds to a dividend yield of 6.24 %.

In which sector is Test Rite International Co located?

Test Rite International Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Test Rite International Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Test Rite International Co from 7/5/2024 amounting to 0.583 TWD, you needed to have the stock in your portfolio before the ex-date on 6/13/2024.

When did Test Rite International Co pay the last dividend?

The last dividend was paid out on 7/5/2024.

What was the dividend of Test Rite International Co in the year 2023?

In the year 2023, Test Rite International Co distributed 1.28 TWD as dividends.

In which currency does Test Rite International Co pay out the dividend?

The dividends of Test Rite International Co are distributed in TWD.

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Andere Kennzahlen von Test Rite International Co

Our stock analysis for Test Rite International Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Test Rite International Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.