Good Will Instrument Past Earnings Performance
Past criteria checks 2/6
Good Will Instrument has been growing earnings at an average annual rate of 5.3%, while the Electronic industry saw earnings growing at 12.5% annually. Revenues have been growing at an average rate of 3.5% per year. Good Will Instrument's return on equity is 14.7%, and it has net margins of 13.2%.
Key information
5.3%
Earnings growth rate
5.3%
EPS growth rate
| Electronic Industry Growth | 14.8% |
| Revenue growth rate | 3.5% |
| Return on equity | 14.7% |
| Net Margin | 13.2% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Many Still Looking Away From Good Will Instrument Co., Ltd. (TWSE:2423)
Apr 26
Is 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 30Revenue & Expenses BreakdownBeta
How Good Will Instrument makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 2,932 | 387 | 786 | 246 |
| 30 Jun 23 | 2,951 | 395 | 769 | 245 |
| 31 Mar 23 | 2,904 | 392 | 759 | 243 |
| 31 Dec 22 | 2,886 | 404 | 756 | 241 |
| 30 Sep 22 | 2,829 | 390 | 742 | 235 |
| 30 Jun 22 | 2,778 | 361 | 733 | 230 |
| 31 Mar 22 | 2,721 | 317 | 734 | 223 |
| 31 Dec 21 | 2,609 | 290 | 727 | 222 |
| 30 Sep 21 | 2,603 | 252 | 712 | 217 |
| 30 Jun 21 | 2,482 | 224 | 694 | 206 |
| 31 Mar 21 | 2,355 | 203 | 680 | 201 |
| 31 Dec 20 | 2,306 | 199 | 672 | 195 |
| 30 Sep 20 | 2,304 | 221 | 688 | 192 |
| 30 Jun 20 | 2,406 | 245 | 714 | 197 |
| 31 Mar 20 | 2,497 | 304 | 727 | 198 |
| 31 Dec 19 | 2,553 | 312 | 735 | 205 |
| 30 Sep 19 | 2,613 | 328 | 770 | 209 |
| 30 Jun 19 | 2,545 | 324 | 762 | 204 |
| 31 Mar 19 | 2,634 | 349 | 765 | 199 |
| 31 Dec 18 | 2,575 | 344 | 759 | 188 |
| 30 Sep 18 | 2,438 | 298 | 721 | 183 |
| 30 Jun 18 | 2,369 | 273 | 710 | 183 |
| 31 Mar 18 | 2,277 | 276 | 695 | 183 |
| 31 Dec 17 | 2,306 | 284 | 682 | 184 |
| 30 Sep 17 | 2,365 | 307 | 669 | 182 |
| 30 Jun 17 | 2,348 | 308 | 665 | 186 |
| 31 Mar 17 | 2,273 | 271 | 663 | 187 |
| 31 Dec 16 | 2,206 | 255 | 666 | 189 |
| 30 Sep 16 | 2,196 | 263 | 683 | 189 |
| 30 Jun 16 | 2,182 | 273 | 695 | 186 |
| 31 Mar 16 | 2,185 | 244 | 691 | 187 |
| 31 Dec 15 | 2,157 | 232 | 679 | 187 |
| 30 Sep 15 | 2,094 | 187 | 675 | 186 |
| 30 Jun 15 | 2,117 | 178 | 671 | 182 |
| 31 Mar 15 | 2,161 | 185 | 676 | 183 |
| 31 Dec 14 | 2,167 | 177 | 682 | 179 |
| 30 Sep 14 | 2,153 | 149 | 681 | 183 |
| 30 Jun 14 | 2,126 | 112 | 676 | 189 |
| 31 Mar 14 | 2,109 | 124 | 671 | 193 |
| 31 Dec 13 | 2,096 | 122 | 665 | 196 |
| 30 Sep 13 | 2,049 | 103 | 662 | 199 |
| 30 Jun 13 | 1,984 | 120 | 627 | 198 |
Quality Earnings: 2423 has high quality earnings.
Growing Profit Margin: 2423's current net profit margins (13.2%) are lower than last year (13.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2423's earnings have grown by 5.3% per year over the past 5 years.
Accelerating Growth: 2423's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2423 had negative earnings growth (-0.7%) over the past year, making it difficult to compare to the Electronic industry average (-20.5%).
Return on Equity
High ROE: 2423's Return on Equity (14.7%) is considered low.