Good Will Instrument Co Ltd (2423) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Good Will Instrument Co Ltd (2423) has a cash flow conversion efficiency ratio of -0.008x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (NT$-22.67 Million ≈ $-714.17K USD) by net assets (NT$2.78 Billion ≈ $87.74 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see market cap of Good Will Instrument Co Ltd for the company's overall valuation and market capitalisation.
Good Will Instrument Co Ltd - Cash Flow Conversion Efficiency Trend (2002–2024)
This chart illustrates how Good Will Instrument Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Good Will Instrument Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Good Will Instrument Co Ltd ranked by their cash flow conversion efficiency. Explore 2423 cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Xinjiang West Animal Husbandry
SHE:300106
|
0.027x |
|
Re Max Holding
NYSE:RMAX
|
-0.137x |
|
Compass Therapeutics Inc.
NASDAQ:CMPX
|
-0.081x |
|
Shanghai No1 Pharmacy Co Ltd
SHG:600833
|
-0.026x |
|
Aramis SAS
PA:ARAMI
|
0.246x |
|
Dasheng Times Cultural Investment Co Ltd
SHG:600892
|
-6.385x |
|
Esso (Thailand) Public Company Limited
BK:BSRC
|
0.222x |
|
Lowland Investment Co
LSE:LWI
|
0.011x |
Annual Cash Flow Conversion Efficiency for Good Will Instrument Co Ltd (2002–2024)
The table below shows the annual cash flow conversion efficiency of Good Will Instrument Co Ltd from 2002 to 2024. View Good Will Instrument Co Ltd share price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$2.81 Billion ≈ $88.62 Million |
NT$500.57 Million ≈ $15.77 Million |
0.178x | -10.99% |
| 2023-12-31 | NT$2.74 Billion ≈ $86.38 Million |
NT$548.14 Million ≈ $17.27 Million |
0.200x | +231.40% |
| 2022-12-31 | NT$2.63 Billion ≈ $82.98 Million |
NT$158.90 Million ≈ $5.01 Million |
0.060x | -66.48% |
| 2021-12-31 | NT$2.43 Billion ≈ $76.62 Million |
NT$437.69 Million ≈ $13.79 Million |
0.180x | -13.37% |
| 2020-12-31 | NT$2.33 Billion ≈ $73.30 Million |
NT$483.41 Million ≈ $15.23 Million |
0.208x | +108.56% |
| 2019-12-31 | NT$2.34 Billion ≈ $73.87 Million |
NT$233.57 Million ≈ $7.36 Million |
0.100x | -22.30% |
| 2018-12-31 | NT$2.33 Billion ≈ $73.29 Million |
NT$298.28 Million ≈ $9.40 Million |
0.128x | -18.54% |
| 2017-12-31 | NT$2.21 Billion ≈ $69.74 Million |
NT$348.42 Million ≈ $10.98 Million |
0.157x | +21.83% |
| 2016-12-31 | NT$2.18 Billion ≈ $68.67 Million |
NT$281.57 Million ≈ $8.87 Million |
0.129x | +48.95% |
| 2015-12-31 | NT$2.10 Billion ≈ $66.02 Million |
NT$181.75 Million ≈ $5.73 Million |
0.087x | +146.38% |
| 2014-12-31 | NT$1.97 Billion ≈ $62.19 Million |
NT$69.48 Million ≈ $2.19 Million |
0.035x | -58.73% |
| 2013-12-31 | NT$1.86 Billion ≈ $58.54 Million |
NT$158.50 Million ≈ $4.99 Million |
0.085x | +2081.05% |
| 2012-12-31 | NT$1.74 Billion ≈ $54.78 Million |
NT$6.80 Million ≈ $214.27K |
0.004x | -90.02% |
| 2011-12-31 | NT$1.75 Billion ≈ $55.26 Million |
NT$68.75 Million ≈ $2.17 Million |
0.039x | -72.31% |
| 2010-12-31 | NT$1.54 Billion ≈ $48.40 Million |
NT$217.45 Million ≈ $6.85 Million |
0.142x | -14.14% |
| 2009-12-31 | NT$1.45 Billion ≈ $45.67 Million |
NT$239.03 Million ≈ $7.53 Million |
0.165x | -1.80% |
| 2008-12-31 | NT$1.44 Billion ≈ $45.51 Million |
NT$242.50 Million ≈ $7.64 Million |
0.168x | -0.91% |
| 2007-12-31 | NT$1.43 Billion ≈ $45.19 Million |
NT$243.03 Million ≈ $7.66 Million |
0.169x | -40.82% |
| 2006-12-31 | NT$1.32 Billion ≈ $41.51 Million |
NT$377.18 Million ≈ $11.88 Million |
0.286x | +309.80% |
| 2005-12-31 | NT$1.25 Billion ≈ $39.30 Million |
NT$87.13 Million ≈ $2.75 Million |
0.070x | -75.98% |
| 2004-12-31 | NT$1.22 Billion ≈ $38.56 Million |
NT$356.03 Million ≈ $11.22 Million |
0.291x | +63.82% |
| 2003-12-31 | NT$1.18 Billion ≈ $37.10 Million |
NT$209.10 Million ≈ $6.59 Million |
0.178x | +102.81% |
| 2002-12-31 | NT$1.13 Billion ≈ $35.67 Million |
NT$99.12 Million ≈ $3.12 Million |
0.088x | -- |
About Good Will Instrument Co Ltd
Good Will Instrument Co., Ltd. manufactures and markets electrical test and measurement instruments for educational and industrial manufacturing markets. It offers handheld oscilloscopes, digital storage oscilloscopes, and oscilloscope training kits; spectrum analyzers, RF training systems, and EMI solution packages; and signal generators comprising arbitrary function, RF signal, DDS function, an… Read more