Good Will Instrument Co Ltd Cash Flow Conversion Efficiency
Good Will Instrument Co Ltd 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.
Cash Flow Conversion Efficiency of Good Will Instrument Co Ltd (2002–2024)
Cash flow conversion efficiency of Good Will Instrument Co Ltd from 2002 to 2024. This chart illustrates how Good Will Instrument Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 2423 live share price for real-time trading data and today's change.
Good Will Instrument Co Ltd Cash Flow Conversion Ratio Explained
Good Will Instrument Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see 2423 market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Idun Industrier AB Series B
ST:IDUN-B
|
0.091x |
|
Shenzhen Maxonic Auto Control
SHE:300112
|
0.016x |
|
Sunplus Innovation Technology Inc.
TWO:5236
|
0.078x |
|
Dropsuite Ltd
AU:DSE
|
0.104x |
|
RPSG VENTURES LIMITED
NSE:RPSGVENT
|
0.209x |
|
Sangsangin Investment & Securities Co Ltd
KO:001290
|
-0.443x |
|
Sanara Medtech Inc
NASDAQ:SMTI
|
0.257x |
|
KGI Securities (Thailand) Public Company Limited
BK:KGI
|
0.180x |
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. Review Good Will Instrument Co Ltd free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| 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