company background image
2423 logo

Good Will Instrument TWSE:2423 Stock Report

Last Price

NT$43.45

Market Cap

NT$6.3b

7D

2.0%

1Y

20.9%

Updated

19 Nov, 2024

Data

Company Financials

Good Will Instrument Co., Ltd.

TWSE:2423 Stock Report

Market Cap: NT$6.3b

2423 Stock Overview

Manufactures and markets electrical test and measurement instruments for educational and industrial manufacturing markets. More details

2423 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends5/6

Good Will Instrument Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Good Will Instrument
Historical stock prices
Current Share PriceNT$43.45
52 Week HighNT$48.50
52 Week LowNT$35.00
Beta0.26
11 Month Change10.56%
3 Month Change13.30%
1 Year Change20.86%
33 Year Change49.83%
5 Year Change62.13%
Change since IPO209.15%

Recent News & Updates

Good Will Instrument Co., Ltd.'s (TWSE:2423) Prospects Need A Boost To Lift Shares

Aug 07
Good Will Instrument Co., Ltd.'s (TWSE:2423) Prospects Need A Boost To Lift Shares

Good Will Instrument (TWSE:2423) Has Announced That It Will Be Increasing Its Dividend To NT$2.20

Jun 06
Good Will Instrument (TWSE:2423) Has Announced That It Will Be Increasing Its Dividend To NT$2.20

Recent updates

Good Will Instrument Co., Ltd.'s (TWSE:2423) Prospects Need A Boost To Lift Shares

Aug 07
Good Will Instrument Co., Ltd.'s (TWSE:2423) Prospects Need A Boost To Lift Shares

Good Will Instrument (TWSE:2423) Has Announced That It Will Be Increasing Its Dividend To NT$2.20

Jun 06
Good Will Instrument (TWSE:2423) Has Announced That It Will Be Increasing Its Dividend To NT$2.20

Many Still Looking Away From Good Will Instrument Co., Ltd. (TWSE:2423)

Apr 26
Many Still Looking Away From Good Will Instrument Co., Ltd. (TWSE:2423)

Is Good Will Instrument (TPE:2423) Using Too Much Debt?

Apr 23
Is Good Will Instrument (TPE:2423) Using Too Much Debt?

Good Will Instrument's (TPE:2423) Soft Earnings Are Actually Better Than They Appear

Mar 19
Good Will Instrument's (TPE:2423) Soft Earnings Are Actually Better Than They Appear

Returns On Capital - An Important Metric For Good Will Instrument (TPE:2423)

Mar 03
Returns On Capital - An Important Metric For Good Will Instrument (TPE:2423)

Estimating The Intrinsic Value Of Good Will Instrument Co., Ltd. (TPE:2423)

Feb 17
Estimating The Intrinsic Value Of Good Will Instrument Co., Ltd. (TPE:2423)

Read This Before Buying Good Will Instrument Co., Ltd. (TPE:2423) For Its Dividend

Jan 30
Read This Before Buying Good Will Instrument Co., Ltd. (TPE:2423) For Its Dividend

Good Will Instrument Co., Ltd.'s (TPE:2423) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Jan 14
Good Will Instrument Co., Ltd.'s (TPE:2423) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Did You Participate In Any Of Good Will Instrument's (TPE:2423) Respectable 100% Return?

Dec 30
Did You Participate In Any Of Good Will Instrument's (TPE:2423) Respectable 100% Return?

Good Will Instrument (TPE:2423) Has A Pretty Healthy Balance Sheet

Dec 15
Good Will Instrument (TPE:2423) Has A Pretty Healthy Balance Sheet

What We Make Of Good Will Instrument's (TPE:2423) Returns On Capital

Nov 30
What We Make Of Good Will Instrument's (TPE:2423) Returns On Capital

Shareholder Returns

2423TW ElectronicTW Market
7D2.0%-5.3%-4.2%
1Y20.9%31.9%28.9%

Return vs Industry: 2423 underperformed the TW Electronic industry which returned 31.9% over the past year.

Return vs Market: 2423 underperformed the TW Market which returned 28.9% over the past year.

Price Volatility

Is 2423's price volatile compared to industry and market?
2423 volatility
2423 Average Weekly Movement3.0%
Electronic Industry Average Movement5.4%
Market Average Movement4.6%
10% most volatile stocks in TW Market8.0%
10% least volatile stocks in TW Market2.1%

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

FoundedEmployeesCEOWebsite
1975n/aChao Ming Zhangwww.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

How do Good Will Instrument's earnings and revenue compare to its market cap?
2423 fundamental statistics
Market capNT$6.30b
Earnings (TTM)NT$387.20m
Revenue (TTM)NT$2.93b

16.3x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2423 income statement (TTM)
RevenueNT$2.93b
Cost of RevenueNT$1.45b
Gross ProfitNT$1.48b
Other ExpensesNT$1.09b
EarningsNT$387.20m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.67
Gross Margin50.40%
Net Profit Margin13.21%
Debt/Equity Ratio11.6%

How did 2423 perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

75%

Payout Ratio