diff --git a/hutool-poi/src/test/java/cn/hutool/v7/poi/excel/reader/ExcelSaxReadTest.java b/hutool-poi/src/test/java/cn/hutool/v7/poi/excel/sax/ExcelSaxReadTest.java
similarity index 98%
rename from hutool-poi/src/test/java/cn/hutool/v7/poi/excel/reader/ExcelSaxReadTest.java
rename to hutool-poi/src/test/java/cn/hutool/v7/poi/excel/sax/ExcelSaxReadTest.java
index 7509de9259..c885f3df4d 100644
--- a/hutool-poi/src/test/java/cn/hutool/v7/poi/excel/reader/ExcelSaxReadTest.java
+++ b/hutool-poi/src/test/java/cn/hutool/v7/poi/excel/sax/ExcelSaxReadTest.java
@@ -14,7 +14,7 @@
  * limitations under the License.
  */
 
-package cn.hutool.v7.poi.excel.reader;
+package cn.hutool.v7.poi.excel.sax;
 
 import cn.hutool.v7.core.collection.CollUtil;
 import cn.hutool.v7.core.collection.ListUtil;
@@ -25,8 +25,6 @@ import cn.hutool.v7.core.lang.Console;
 import cn.hutool.v7.core.text.StrUtil;
 import cn.hutool.v7.poi.excel.ExcelUtil;
 import cn.hutool.v7.poi.excel.cell.values.FormulaCellValue;
-import cn.hutool.v7.poi.excel.sax.Excel03SaxReader;
-import cn.hutool.v7.poi.excel.sax.StopReadException;
 import cn.hutool.v7.poi.excel.sax.handler.RowHandler;
 import cn.hutool.v7.poi.POIException;
 import org.apache.poi.ss.usermodel.CellStyle;
diff --git a/hutool-poi/src/test/java/cn/hutool/v7/poi/excel/sax/Issue4195Test.java b/hutool-poi/src/test/java/cn/hutool/v7/poi/excel/sax/Issue4195Test.java
new file mode 100644
index 0000000000..65974199b4
--- /dev/null
+++ b/hutool-poi/src/test/java/cn/hutool/v7/poi/excel/sax/Issue4195Test.java
@@ -0,0 +1,23 @@
+package cn.hutool.v7.poi.excel.sax;
+
+import cn.hutool.v7.core.lang.Console;
+import cn.hutool.v7.poi.excel.ExcelUtil;
+import cn.hutool.v7.poi.excel.cell.values.FormulaCellValue;
+import org.junit.jupiter.api.Disabled;
+import org.junit.jupiter.api.Test;
+
+public class Issue4195Test {
+	@Test
+	@Disabled
+	void saxReadFormulaTest() {
+		// 测试公式读取
+		ExcelUtil.readBySax("formula_test.xlsx", -1, (sheetIndex, rowIndex, rowCells) -> {
+			final Object value = rowCells.get(2);
+			if(value instanceof final FormulaCellValue result) {
+				Console.log("公式 {} 结果: {}", result.getValue(), result.getResult());
+			}else{
+				Console.log("非公式: {}", value.getClass());
+			}
+		});
+	}
+}
diff --git a/hutool-poi/src/test/resources/formula_test.xlsx b/hutool-poi/src/test/resources/formula_test.xlsx
new file mode 100644
index 0000000000..f2251ccf0a
Binary files /dev/null and b/hutool-poi/src/test/resources/formula_test.xlsx differ