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Test-Rite International Co., Ltd. (TPE:2908)
Taiwan flag Taiwan · Delayed Price · Currency is TWD
22.00
+0.20 (0.92%)
Jul 28, 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
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
201.79115.2331.71257.7425.89782.83
Depreciation & Amortization
2,2422,2162,2182,3062,2802,306
Loss (Gain) From Sale of Assets
4.023.5915.914.152.7436.47
Asset Writedown & Restructuring Costs
----3.43-
Loss (Gain) From Sale of Investments
-206.56-188.5525.67196.87-227.56249.7
Loss (Gain) on Equity Investments
-10.66-10.455.29-3.690.770.02
Provision & Write-off of Bad Debts
17.5515.7738.9547.312.38.33
Other Operating Activities
-142.13-242.75-239.33-183.88-541.27172.75
Change in Accounts Receivable
772.391,401-1,115-1,4951,112-779.7
Change in Inventory
358115.11221.51,616281.02-1,898
Change in Accounts Payable
-791.19-1,162625.04402.96-2,881-249.12
Change in Unearned Revenue
60.45-217.28162.4-76.4453.84112.7
Change in Other Net Operating Assets
-11.88-313.63277.18-1,085-540.58858.93
Operating Cash Flow
1,8851,9372,3612,123-56.561,484
Operating Cash Flow Growth
-8.09%-17.98%11.21%---69.78%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-377.94-393.93-313.3-379.1-567.26-408.42
Sale of Property, Plant & Equipment
-20.447.148.44.351,2500.88
Cash Acquisitions
-522.76-522.761.69---
Divestitures
96.38--16.98---
Sale (Purchase) of Intangibles
-55.61-62.7-56.78-10.28-30.38-25.51
Sale (Purchase) of Real Estate
---53.85---
Investment in Securities
-65.89-120.96-152.2-345.82-64.4143.17
Other Investing Activities
-36.4876.96101.6646.5645.61132.22
Investing Cash Flow
-971.54-1,009-458.35-663.19631.4-285.34

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '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
34,85030,66125,60927,28228,59922,961
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
-35,523-32,824-27,120-29,368-27,843-24,007
Net Debt Issued (Repaid)
-672.95-2,163-1,511-2,086755.74-1,046
Issuance of Common Stock
--312.32---
Common Dividends Paid
-458.9-458.9-297.35-634.34-634.34-530.27
Other Financing Activities
187.84986.8428.5826.870.88-90.82
Financing Cash Flow
-944.01-1,635-1,068-2,693122.28-1,667

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-29.219.02128.9582.9174.26-63.61
Net Cash Flow
-59.48-688.97964.29-1,150771.37-531.5

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
1,5071,5432,0481,744-623.821,076
Free Cash Flow Growth
-13.94%-24.67%17.41%---76.10%
Free Cash Flow Margin
4.37%4.59%5.56%4.93%-1.67%2.46%
Free Cash Flow Per Share
2.963.024.073.52-1.262.17
Levered Free Cash Flow
139.37-248.792,1001,384-817.93363.68
Unlevered Free Cash Flow
493.1378.92,4651,756-544.22545.47

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
564.04525.68585.92594.29430.4291.33
Cash Income Tax Paid
124.11124.45203.01190.17211.4854.25
Change in Working Capital
-220.7227.95-34.68-511.58-2,003-2,071