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Test-Rite International Co., Ltd. (TPE:2908)
Taiwan flag Taiwan · Delayed Price · Currency is TWD
22.05
+0.05 (0.23%)
Aug 26, 2026, 1:30 PM CST

Test-Rite International Cash Flow Statement

Millions TWD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
629.68115.2331.71257.7425.89782.83
Depreciation & Amortization
2,2242,2162,2182,3062,2802,306
Loss (Gain) From Sale of Assets
22.663.5915.914.152.7436.47
Asset Writedown & Restructuring Costs
15.78---3.43-
Loss (Gain) From Sale of Investments
-377.53-188.5525.67196.87-227.56249.7
Loss (Gain) on Equity Investments
-17.36-10.455.29-3.690.770.02
Stock-Based Compensation
-1.83-----
Provision & Write-off of Bad Debts
19.1915.7738.9547.312.38.33
Other Operating Activities
21.72-242.75-239.33-183.88-541.27172.75
Change in Accounts Receivable
819.561,401-1,115-1,4951,112-779.7
Change in Inventory
330.93115.11221.51,616281.02-1,898
Change in Accounts Payable
-915.66-1,162625.04402.96-2,881-249.12
Change in Unearned Revenue
109.04-217.28162.4-76.4453.84112.7
Change in Other Net Operating Assets
1,069-313.63277.18-1,085-540.58858.93
Operating Cash Flow
3,1881,9372,3612,123-56.561,484
Operating Cash Flow Growth
83.36%-17.98%11.21%---69.78%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-382-393.93-313.3-379.1-567.26-408.42
Sale of Property, Plant & Equipment
-19.227.148.44.351,2500.88
Cash Acquisitions
-522.76-522.761.69---
Divestitures
96.38--16.98---
Sale (Purchase) of Intangibles
-7.94-62.7-56.78-10.28-30.38-25.51
Sale (Purchase) of Real Estate
---53.85---
Investment in Securities
-142.84-120.96-152.2-345.82-64.4143.17
Other Investing Activities
-23.4876.96101.6646.5645.61132.22
Investing Cash Flow
-990.73-1,009-458.35-663.19631.4-285.34

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
-446109.69113.85873.6736.7
Long-Term Debt Issued
-30,21525,49927,16827,72522,224
Total Debt Issued
31,64130,66125,60927,28228,59922,961
Short-Term Debt Repaid
--126.4-92.3-65.28--309.96
Long-Term Debt Repaid
--32,698-27,028-29,303-27,843-23,697
Total Debt Repaid
-33,974-32,824-27,120-29,368-27,843-24,007
Net Debt Issued (Repaid)
-2,333-2,163-1,511-2,086755.74-1,046
Issuance of Common Stock
--312.32---
Common Dividends Paid
-458.9-458.9-297.35-634.34-634.34-530.27
Other Financing Activities
-62.41986.8428.5826.870.88-90.82
Financing Cash Flow
-2,854-1,635-1,068-2,693122.28-1,667

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
235.819.02128.9582.9174.26-63.61
Net Cash Flow
-420.91-688.97964.29-1,150771.37-531.5

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
2,8061,5432,0481,744-623.821,076
Free Cash Flow Growth
86.99%-24.67%17.41%---76.10%
Free Cash Flow Margin
8.13%4.59%5.56%4.93%-1.67%2.46%
Free Cash Flow Per Share
5.503.024.073.52-1.262.17
Levered Free Cash Flow
1,842-248.792,1001,384-817.93363.68
Unlevered Free Cash Flow
2,21778.92,4651,756-544.22545.47

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
602.72525.68585.92594.29430.4291.33
Cash Income Tax Paid
118.49124.45203.01190.17211.4854.25
Change in Working Capital
652.1427.95-34.68-511.58-2,003-2,071