Good Will Instrument Co Ltd (2423) — Cash Flow Quality Index

Latest as of September 2025: -0.20x

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 long-term investment intensity of Good Will Instrument Co Ltd to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-0.20x
Operating CF / Net Income

Operating Cash Flow

NT$-22.67 Million
TWD

Net Income

NT$115.04 Million
TWD

Data as of

Sep 2025
Most recent filing

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 2423 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

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 market cap and net worth.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.