Good Will Instrument Co Ltd (2423) - Total Assets

Latest as of September 2025: NT$3.69 Billion TWD ≈ $116.35 Million USD

Based on the latest financial reports, Good Will Instrument Co Ltd (2423) holds total assets worth NT$3.69 Billion TWD (≈ $116.35 Million USD) 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. See Good Will Instrument Co Ltd (2423) net assets for net asset value and shareholders' equity analysis.

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.

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. For live market cap, price, and company overview, see 2423 company net worth.

Show as percentage

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
Ningbo Jianan Electronics Co Ltd SHE:300880	China	CN¥1.47 Billion
Hangzhou Hopechart Iot Technology SHG:688288	China	CN¥1.17 Billion
Codan Ltd AU:CDA	Australia	AU$904.80 Million
Catapult Group International Ltd AU:CAT	Australia	AU$218.31 Million
Ikegps Group Ltd AU:IKE	Australia	AU$51.01 Million
Optiscan Imaging Ltd AU:OIL	Australia	AU$10.56 Million
Structural Monitoring Systems Plc AU:SMN	Australia	AU$34.67 Million
Dorsavi Ltd AU:DVL	Australia	AU$3.97 Million

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	0.08
Asset Growth Rate (YoY)	-6.2%
Total Assets	NT$3.56 Billion
Market Capitalization	$300.23 Million USD

Valuation Analysis

Below Book Valuation: The market values Good Will Instrument Co Ltd's assets below their book value (0.08x), 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 ≈ $112.23 Million	-6.16%
2023-12-31	NT$3.80 Billion ≈ $119.59 Million	-4.88%
2022-12-31	NT$3.99 Billion ≈ $125.72 Million	+14.22%
2021-12-31	NT$3.49 Billion ≈ $110.07 Million	-5.28%
2020-12-31	NT$3.69 Billion ≈ $116.20 Million	+17.89%
2019-12-31	NT$3.13 Billion ≈ $98.57 Million	-3.64%
2018-12-31	NT$3.25 Billion ≈ $102.29 Million	+7.08%
2017-12-31	NT$3.03 Billion ≈ $95.53 Million	-0.16%
2016-12-31	NT$3.04 Billion ≈ $95.68 Million	+1.43%
2015-12-31	NT$2.99 Billion ≈ $94.32 Million	-0.26%
2014-12-31	NT$3.00 Billion ≈ $94.57 Million	+3.88%
2013-12-31	NT$2.89 Billion ≈ $91.05 Million	+9.53%
2012-12-31	NT$2.64 Billion ≈ $83.13 Million	+10.59%
2011-12-31	NT$2.39 Billion ≈ $75.17 Million	+1.27%
2010-12-31	NT$2.36 Billion ≈ $74.22 Million	+7.91%
2009-12-31	NT$2.18 Billion ≈ $68.78 Million	-3.79%
2008-12-31	NT$2.27 Billion ≈ $71.49 Million	+2.32%
2007-12-31	NT$2.22 Billion ≈ $69.87 Million	+9.45%
2006-12-31	NT$2.03 Billion ≈ $63.84 Million	-7.66%
2005-12-31	NT$2.19 Billion ≈ $69.14 Million	+6.75%
2004-12-31	NT$2.06 Billion ≈ $64.76 Million	+31.31%
2003-12-31	NT$1.57 Billion ≈ $49.32 Million	+2.01%
2002-12-31	NT$1.53 Billion ≈ $48.35 Million	--

About Good Will Instrument Co Ltd

TW:2423 Taiwan Scientific & Technical Instruments

Market Cap

$300.23 Million

NT$9.53 Billion TWD

Market Cap Rank

#14991 Global

#635 in Taiwan

Share Price

NT$65.70

Change (1 day)

+1.86%

52-Week Range

NT$41.95 - NT$66.50

All Time High

NT$66.50