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. See 2423 net asset quality score to measure how much of total assets are equity-financed.
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. Check cash flow quality index of Good Will Instrument Co Ltd to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
FocalTech Systems Co Ltd
TW:3545
|
0.063x |
|
Zhejiang XinNong Chemical Co Ltd Class A
SHE:002942
|
0.047x |
|
Itcen Co. Ltd
KQ:124500
|
0.210x |
|
Xiamen Goldenhome Co Ltd
SHG:603180
|
-0.071x |
|
Suzhou Longjie Special Fiber Co Ltd
SHG:603332
|
-0.380x |
|
Shaanxi Broadcast & TV Network Intermediary Group Co Ltd
SHG:600831
|
0.153x |
|
Shenzhen Mingdiao Decoration Co Ltd
SHE:002830
|
0.043x |
|
Kec Corporation
KO:092220
|
-0.006x |
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. For the full company profile with market capitalisation and key ratios, see 2423 company net worth.
| 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