Good Will Instrument Co., Ltd.

TWSE:2423 Stock Report

Market Cap: NT$6.3b

Good Will Instrument Past Earnings Performance

Past criteria checks 1/6

Good Will Instrument's earnings have been declining at an average annual rate of -0.7%, while the Electronic industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 3.6% per year. Good Will Instrument's return on equity is 14.7%, and it has net margins of 13.2%.

Key information

-0.7%

Earnings growth rate

-0.7%

EPS growth rate

Electronic Industry Growth14.8%
Revenue growth rate3.6%
Return on equity14.7%
Net Margin13.2%
Last Earnings Update30 Sep 2023

Recent past performance updates

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

Revenue & Expenses Breakdown

How Good Will Instrument makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TWSE:2423 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 232,932387786246
30 Jun 232,951395769245
31 Mar 232,904392759243
31 Dec 222,886404756241
30 Sep 222,829390742235
30 Jun 222,778361733230
31 Mar 222,721317734223
31 Dec 212,609290727222
30 Sep 212,603252712217
30 Jun 212,482224694206
31 Mar 212,355203680201
31 Dec 202,306199672195
30 Sep 202,304221688192
30 Jun 202,406245714197
31 Mar 202,497304727198
31 Dec 192,553312735205
30 Sep 192,613328770209
30 Jun 192,545324762204
31 Mar 192,634349765199
31 Dec 182,575344759188
30 Sep 182,438298721183
30 Jun 182,369273710183
31 Mar 182,277276695183
31 Dec 172,306284682184
30 Sep 172,365307669182
30 Jun 172,348308665186
31 Mar 172,273271663187
31 Dec 162,206255666189
30 Sep 162,196263683189
30 Jun 162,182273695186
31 Mar 162,185244691187
31 Dec 152,157232679187
30 Sep 152,094187675186
30 Jun 152,117178671182
31 Mar 152,161185676183
31 Dec 142,167177682179
30 Sep 142,153149681183
30 Jun 142,126112676189
31 Mar 142,109124671193
31 Dec 132,096122665196

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: Insufficient data to determine if 2423's year-on-year earnings growth rate was positive 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 (9%).

Return on Equity

High ROE: 2423's Return on Equity (14.7%) is considered low.

Return on Assets

Return on Capital Employed

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