2423 Stock Overview
Manufactures and markets electrical test and measurement instruments for educational and industrial manufacturing markets. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
No risks detected for 2423 from our risk checks.
My Notes
Capture your thoughts, links and company narrative
Good Will Instrument Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NT$40.90 |
| 52 Week High | NT$48.50 |
| 52 Week Low | NT$35.00 |
| Beta | 0.27 |
| 1 Month Change | -5.32% |
| 3 Month Change | 3.28% |
| 1 Year Change | 10.99% |
| 3 Year Change | 43.01% |
| 5 Year Change | 49.82% |
| Change since IPO | 191.01% |
Recent News & Updates
Good Will Instrument Co., Ltd.'s (TWSE:2423) Prospects Need A Boost To Lift Shares
Aug 07
Good Will Instrument (TWSE:2423) Has Announced That It Will Be Increasing Its Dividend To NT$2.20
Jun 06Recent updates
Good Will Instrument Co., Ltd.'s (TWSE:2423) Prospects Need A Boost To Lift Shares
Aug 07Good Will Instrument (TWSE:2423) Has Announced That It Will Be Increasing Its Dividend To NT$2.20
Jun 06Many Still Looking Away From Good Will Instrument Co., Ltd. (TWSE:2423)
Apr 26Is Good Will Instrument (TPE:2423) Using Too Much Debt?
Apr 23Good Will Instrument's (TPE:2423) Soft Earnings Are Actually Better Than They Appear
Mar 19Returns On Capital - An Important Metric For Good Will Instrument (TPE:2423)
Mar 03Estimating The Intrinsic Value Of Good Will Instrument Co., Ltd. (TPE:2423)
Feb 17
Read This Before Buying Good Will Instrument Co., Ltd. (TPE:2423) For Its Dividend
Jan 30Good Will Instrument Co., Ltd.'s (TPE:2423) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Jan 14Did You Participate In Any Of Good Will Instrument's (TPE:2423) Respectable 100% Return?
Dec 30Good Will Instrument (TPE:2423) Has A Pretty Healthy Balance Sheet
Dec 15What We Make Of Good Will Instrument's (TPE:2423) Returns On Capital
Nov 30Shareholder Returns
| 2423 | TW Electronic | TW Market | |
|---|---|---|---|
| 7D | -3.8% | -1.7% | -2.1% |
| 1Y | 11.0% | 25.5% | 25.6% |
Return vs Industry: 2423 underperformed the TW Electronic industry which returned 25.5% over the past year.
Return vs Market: 2423 underperformed the TW Market which returned 25.6% over the past year.
Price Volatility
| 2423 volatility | |
|---|---|
| 2423 Average Weekly Movement | 2.7% |
| Electronic Industry Average Movement | 5.3% |
| Market Average Movement | 4.4% |
| 10% most volatile stocks in TW Market | 7.8% |
| 10% least volatile stocks in TW Market | 2.1% |
Stable Share Price: 2423 has not had significant price volatility in the past 3 months compared to the TW market.
Volatility Over Time: 2423's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1975 | n/a | Chao Ming Zhang | www.gwinstek.com |
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, and analog function generators, as well as other signal sources. The company provides DC and AC power supplies, and DC and AC/DC electronic loads; bench-top and hand-held digital multi-meters, and digital clamp meters; LCR meters; safety, leakage current, and AC ground bond testers, as well as multiplex scanner boxes; data acquisition systems; and other meters comprising DC milli-Ohm meters, AC power meters, digital IC testers, precision current shunt and automatic distortion meter, AC millvolt meters, frequency counters, battery meters, and logic probe and pulsers.
Good Will Instrument Co., Ltd. Fundamentals Summary
| 2423 fundamental statistics | |
|---|---|
| Market cap | NT$5.93b |
| Earnings (TTM) | NT$387.20m |
| Revenue (TTM) | NT$2.93b |
15.3x
P/E Ratio2.0x
P/S RatioIs 2423 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2423 income statement (TTM) | |
|---|---|
| Revenue | NT$2.93b |
| Cost of Revenue | NT$1.45b |
| Gross Profit | NT$1.48b |
| Other Expenses | NT$1.09b |
| Earnings | NT$387.20m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.67 |
| Gross Margin | 50.40% |
| Net Profit Margin | 13.21% |
| Debt/Equity Ratio | 11.6% |
How did 2423 perform over the long term?
See historical performance and comparisonDividends
5.4%
Current Dividend Yield75%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 14:54 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Good Will Instrument Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Quanguo Zhang | Citic Securities Co., Ltd. |