Test Rite Retail Co

Test Rite Retail Co ROA

The Return on Assets (ROA) of Test Rite Retail Co (7867.TWO) as of Oct 20, 2026 is 0.81 %. In the previous year, Return on Assets (ROA) was -0.69 % — a change of -218.27% (higher).

ROA

0.81 %

YoY

-218.27%

Last updated:

In 2024, Test Rite Retail Co's return on assets (ROA) was 0.81 %, a -218.27% increase from the -0.69 % ROA in the previous year.

The Test Rite Retail Co ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2022
0.70 TWD
Jan 1, 2023
-0.69 TWD
Jan 1, 2024
0.81 TWD
The Test Rite Retail Co ROA history
YEARROAYoY
0.81 %-218.27%
-0.69 %-197.74%
0.70 %—

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Test Rite Retail Co Stock analysis

What does Test Rite Retail Co do? Test Rite Retail Co Ltd generates revenue through its integrated retail model combining physical stores, online platforms, and renovation teams. The company sells home improvement products such as paint, waterproofing materials, adhesives, electrical supplies, lighting, building materials, bathroom and kitchen fixtures, water purification systems, tools, hardware, door locks, shelving, and storage solutions. Customers purchase these items for DIY projects, home repair, and specific renovation services like kitchen and bathroom remodeling. The firm also offers single-item installation services for products requiring setup, targeting homeowners and contractors seeking customized solutions for home enhancement. The company’s primary customer segments include homeowners engaged in DIY activities, individuals requiring home repair services, and contractors needing materials for partial renovations. Test Rite Retail Co Ltd’s product portfolio spans from basic repair supplies to comprehensive home improvement solutions, all delivered through its chain-operated stores and online channels. The business model emphasizes convenience by integrating physical retail with digital platforms and professional renovation teams to address diverse home improvement needs. Revenue streams are derived from both product sales and service offerings, with a focus on high-demand categories like bathroom fixtures, kitchen remodels, and water purification systems. The company’s strategy leverages its dual-channel approach—physical stores for immediate product access and online platforms for broader reach—to capture market share in Taiwan’s home renovation sector. Customers benefit from bundled services including consultation, installation, and tailored solutions, enhancing the value proposition for both individual buyers and professional contractors. Test Rite Retail Co is one of the most popular companies on Eulerpool.

ROA Details

Understanding Test Rite Retail Co's Return on Assets (ROA)

Test Rite Retail Co's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Test Rite Retail Co's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Test Rite Retail Co's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Test Rite Retail Co’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Test Rite Retail Co stock

Return on Assets (ROA) of Test Rite Retail Co is 0.81 % in 2024.

Return on Assets (ROA) of Test Rite Retail Co changed from -0.69 % to 0.81 %, representing a -218.27% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Test Rite Retail Co since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s Test Rite Retail Co with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

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Profitability — Test Rite Retail Co

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — Test Rite Retail Co