Test Rite International Co Stock

Test Rite International Co ROCE 2024

Test Rite International Co ROCE

0.07

Ticker

2908.TW

ISIN

TW0002908001

In 2024, Test Rite International Co's return on capital employed (ROCE) was 0.07, a 150.85% increase from the 0.03 ROCE in the previous year.

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.

ROCE Details

Unraveling Test Rite International Co's Return on Capital Employed (ROCE)

Test Rite International Co's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Test Rite International Co's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Test Rite International Co's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Test Rite International Co’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Test Rite International Co stock

What is the ROCE (Return on Capital Employed) of Test Rite International Co this year?

The ROCE of Test Rite International Co is 0.07 undefined this year.

How has the ROCE (Return on Capital Employed) of Test Rite International Co developed compared to the previous year?

The ROCE of Test Rite International Co has increased by 150.85% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Test Rite International Co?

A high Return on Capital Employed (ROCE) indicates that Test Rite International Co has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Test Rite International Co?

A low ROCE (Return on Capital Employed) can indicate that Test Rite International Co has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Test Rite International Co impact the company?

An increase in the ROCE of Test Rite International Co can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Test Rite International Co affect the company?

A decrease in ROCE of Test Rite International Co can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Test Rite International Co?

Some factors that can affect Test Rite International Co's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Test Rite International Co so important for investors?

The ROCE of Test Rite International Co is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Test Rite International Co take to improve the ROCE?

To improve the ROCE, Test Rite International Co can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

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.