Good Will Instrument Co Ltd (2423) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.008x

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 Good Will Instrument Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

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.

Company	Cash Flow Conversion Efficiency
Brunel International NV AS:BRNL	0.153x
Seanergy Maritime Holdings Corp NASDAQ:SHIP	0.097x
Guangdong Liantai Environmental Protection Co Ltd SHG:603797	0.040x
Zhejiang Baida Precision Mnfg SHG:603331	0.085x
Aclaris Therapeutics Inc NASDAQ:ACRS	-0.091x
Ferm. Casino Mun. Canne PA:FCMC	0.020x
ENDOMINES FINLAND OYJ EO1 F:H13	N/A
Hengxin Mobile Business SHE:300081	-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 Good Will Instrument Co Ltd market capitalisation.

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

TW:2423 Taiwan Scientific & Technical Instruments

Market Cap

$353.24 Million

NT$11.21 Billion TWD

Market Cap Rank

#14187 Global

#602 in Taiwan

Share Price

NT$77.30

Change (1 day)

+3.20%

52-Week Range

NT$41.95 - NT$84.80

All Time High

NT$84.80