Good Will Instrument Co Ltd (2423) — Cash Flow Quality Index
Good Will Instrument Co Ltd (2423) has a Cash Flow Quality Index of -0.20x as of September 2025. Operating cash flow of NT$-22.67 Million is below net income of NT$115.04 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Good Will Instrument Co Ltd (2423) cash conversion ratio to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Good Will Instrument Co Ltd Cash Flow Quality Index (2002–2024)
Historical Cash Flow Quality Index for Good Will Instrument Co Ltd across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Good Will Instrument Co Ltd (2423) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Good Will Instrument Co Ltd (2002–2024)
Year-by-year earnings quality comparison for Good Will Instrument Co Ltd. For live market cap and the full company financial profile, see Good Will Instrument Co Ltd stock valuation.
| Year | Quality Index | Operating CF (TWD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.43x | NT$500.57 Million | NT$351.13 Million | ▲ +44.4% |
| 2023 | 0.99x | NT$548.14 Million | NT$555.15 Million | ▲ +229.5% |
| 2022 | 0.30x | NT$158.90 Million | NT$530.27 Million | ▼ -72.3% |
| 2021 | 1.08x | NT$437.69 Million | NT$404.85 Million | ▼ -38.7% |
| 2020 | 1.76x | NT$483.41 Million | NT$274.00 Million | ▲ +198.5% |
| 2019 | 0.59x | NT$233.57 Million | NT$395.19 Million | ▼ -16.5% |
| 2018 | 0.71x | NT$298.28 Million | NT$421.61 Million | ▼ -25.7% |
| 2017 | 0.95x | NT$348.42 Million | NT$366.11 Million | ▲ +2.4% |
| 2016 | 0.93x | NT$281.57 Million | NT$302.91 Million | ▲ +34.1% |
| 2015 | 0.69x | NT$181.75 Million | NT$262.26 Million | ▲ +113.8% |
| 2014 | 0.32x | NT$69.48 Million | NT$214.40 Million | ▼ -69.5% |
| 2013 | 1.06x | NT$158.50 Million | NT$149.10 Million | ▲ +1684.7% |
| 2012 | 0.06x | NT$6.80 Million | NT$114.18 Million | ▼ -76.8% |
| 2011 | 0.26x | NT$68.75 Million | NT$267.22 Million | ▼ -77.2% |
| 2010 | 1.13x | NT$217.45 Million | NT$192.96 Million | ▼ -45.5% |
| 2009 | 2.07x | NT$239.03 Million | NT$115.62 Million | ▲ +24.3% |
| 2008 | 1.66x | NT$242.50 Million | NT$145.83 Million | ▲ +60.9% |
| 2007 | 1.03x | NT$243.03 Million | NT$235.21 Million | ▼ -41.9% |
| 2006 | 1.78x | NT$377.18 Million | NT$212.14 Million | ▲ +192.7% |
| 2005 | 0.61x | NT$87.13 Million | NT$143.43 Million | ▼ -68.8% |
| 2004 | 1.95x | NT$356.03 Million | NT$182.90 Million | ▲ +42.2% |
| 2003 | 1.37x | NT$209.10 Million | NT$152.70 Million | ▲ +51.6% |
| 2002 | 0.90x | NT$99.12 Million | NT$109.73 Million | — |