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.
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. Read how much debt does Good Will Instrument Co Ltd carry for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Afrimat
JSE:AFT
|
0.117x |
|
Zippy Technology Corp
TW:2420
|
0.059x |
|
OppFi Inc
NYSE:OPFI
|
0.379x |
|
R&B FOOD SUPPLY
BK:RBF-R
|
N/A |
|
Shandong Jining Ruyi Woolen Textile Co Ltd
SHE:002193
|
-0.005x |
|
Bin Chuan Enterprise Co Ltd
TWO:1569
|
-0.071x |
|
Advanced Process Systems Corporation
KQ:265520
|
0.038x |
|
CviLux Corp
TW:8103
|
0.054x |
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
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