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
Good Will Instrument Co Ltd (2423) - Total Assets
Latest total assets as of September 2025: NT$3.69 Billion TWD
Based on the latest financial reports, Good Will Instrument Co Ltd (2423) holds total assets worth NT$3.69 Billion TWD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Good Will Instrument Co Ltd - Total Assets Trend (2002–2024)
This chart illustrates how Good Will Instrument Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Good Will Instrument Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Good Will Instrument Co Ltd's total assets of NT$3.69 Billion consist of 63.5% current assets and 36.5% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 13.5% |
| Accounts Receivable | NT$641.02 Million | 18.0% |
| Inventory | NT$809.75 Million | 22.7% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$0.00 | 0.0% |
| Goodwill | NT$0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Good Will Instrument Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Good Will Instrument Co Ltd's current assets represent 63.5% of total assets in 2024, an increase from 0.0% in 2002.
- Cash Position: Cash and equivalents constituted 13.5% of total assets in 2024, up from 10.3% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2002.
- Asset Diversification: The largest asset category is inventory at 22.7% of total assets.
Good Will Instrument Co Ltd Competitors by Total Assets
Key competitors of Good Will Instrument Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing BDStar Navigation Co Ltd
SHE:002151
|
China | CN¥6.56 Billion |
|
Oriental Times Media Corp
SHE:002175
|
China | CN¥983.41 Million |
|
Changchun UP Optotech Co Ltd
SHE:002338
|
China | CN¥2.50 Billion |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
|
China | CN¥3.87 Billion |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413
|
China | CN¥5.09 Billion |
|
Wuhan Guide Infrared Co Ltd
SHE:002414
|
China | CN¥10.53 Billion |
|
Shenzhen Jieshun Science and Technology Industry Co Ltd
SHE:002609
|
China | CN¥3.99 Billion |
|
Beijing SDL Technology Co Ltd
SHE:002658
|
China | CN¥3.08 Billion |
Good Will Instrument Co Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Good Will Instrument Co Ltd generates 0.78x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Good Will Instrument Co Ltd generates $9.86 in net profit.
Good Will Instrument Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.97 | 3.22 | 2.32 |
| Quick Ratio | 1.63 | 1.91 | 1.68 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$1.55 Billion | NT$ 1.50 Billion | NT$ 1.28 Billion |
Good Will Instrument Co Ltd - Advanced Valuation Insights
This section examines the relationship between Good Will Instrument Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.71 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -6.2% |
| Total Assets | NT$3.56 Billion |
| Market Capitalization | $90.45 Million USD |
Valuation Analysis
Below Book Valuation: The market values Good Will Instrument Co Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Good Will Instrument Co Ltd's assets decreased by 6.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Good Will Instrument Co Ltd (2002–2024)
The table below shows the annual total assets of Good Will Instrument Co Ltd from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$3.56 Billion | -6.16% |
| 2023-12-31 | NT$3.80 Billion | -4.88% |
| 2022-12-31 | NT$3.99 Billion | +14.22% |
| 2021-12-31 | NT$3.49 Billion | -5.28% |
| 2020-12-31 | NT$3.69 Billion | +17.89% |
| 2019-12-31 | NT$3.13 Billion | -3.64% |
| 2018-12-31 | NT$3.25 Billion | +7.08% |
| 2017-12-31 | NT$3.03 Billion | -0.16% |
| 2016-12-31 | NT$3.04 Billion | +1.43% |
| 2015-12-31 | NT$2.99 Billion | -0.26% |
| 2014-12-31 | NT$3.00 Billion | +3.88% |
| 2013-12-31 | NT$2.89 Billion | +9.53% |
| 2012-12-31 | NT$2.64 Billion | +10.59% |
| 2011-12-31 | NT$2.39 Billion | +1.27% |
| 2010-12-31 | NT$2.36 Billion | +7.91% |
| 2009-12-31 | NT$2.18 Billion | -3.79% |
| 2008-12-31 | NT$2.27 Billion | +2.32% |
| 2007-12-31 | NT$2.22 Billion | +9.45% |
| 2006-12-31 | NT$2.03 Billion | -7.66% |
| 2005-12-31 | NT$2.19 Billion | +6.75% |
| 2004-12-31 | NT$2.06 Billion | +31.31% |
| 2003-12-31 | NT$1.57 Billion | +2.01% |
| 2002-12-31 | NT$1.53 Billion | -- |