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Good Will Instrument Co Ltd

Good Will Instrument Co Ltd

2423 · TW · Technology / Scientific & Technical Instruments

66.30TWD+2.30 (+3.59%)

Price History

Full chart

Market Stats

Previous Close64.00
Open66.30
Day Range65.00 – 66.30
52-Week Range44.65 – 87.90
Volume58.43K
Market Cap10.39B
P/E (TTM)17.05
Forward P/E17.79
EPS4.20
Dividend Yield3.47%
Beta0.53
50-Day Avg73.46
200-Day Avg63.62

About

Good Will Instrument Co., Ltd. manufactures and markets electrical test and measurement instruments for educational and industrial manufacturing markets in Taiwan. The company provides 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. It also 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, precision current shunt meters, AC millvolt meters, frequency counters, and battery meters. In addition, it offers accessories, such as oscilloscope, function generator, spectrum analyzer, power and load, T & M accessories and racks, RF accessories, LCR fixtures, communication cables, and general leads; and power electronic modules and training systems. The company was founded in 1975 and is headquartered in New Taipei City, Taiwan.

Company Details

  • SectorTechnology
  • IndustryScientific & Technical Instruments
  • CEOChao Ming Zhang
  • Employees0
  • HeadquartersNo. 7-1, Jhongsing Road, New Taipei City, Taiwan, 236, Taiwan
  • Websitehttps://www.gwinstek.com

Leadership

  • Chao Ming ZhangGM & Vice Chairman
  • Jian Ming HuangDeputy General Manager of Overseas Sales Division and Director
  • Yue Ru LiaoAssociate and Director

Financials

Income Statement

Currency: TWD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.10B1.33B1.47B1.55B1.58B1.70B1.70B1.48B1.88B1.95B1.89B2.10B2.17B2.16B2.21B2.31B2.58B2.55B2.31B2.61B2.89B3.02B2.79B2.94B
Growth (%)-+20.30%+10.86%+4.94%+2.20%+7.36%+0.18%-12.94%+26.78%+3.76%-2.96%+10.95%+3.38%-0.45%+2.26%+4.54%+11.69%-0.87%-9.67%+13.14%+10.59%+4.82%-7.80%+5.54%
Cost of Revenue655.08M784.41M813.36M866.59M822.50M827.18M878.71M811.07M983.42M1.07B1.01B1.16B1.16B1.09B1.11B1.16B1.28B1.28B1.19B1.28B1.44B1.47B1.35B1.39B
Gross Profit-------668.90M892.90M876.73M874.26M931.36M1.01B1.07B1.10B1.14B1.30B1.28B1.11B1.33B1.45B1.56B1.44B1.56B
Gross Margin-------45.20%47.59%45.03%46.28%44.44%46.54%49.40%49.67%49.53%50.39%49.99%48.35%50.91%50.10%51.49%51.63%52.93%
Operating Expense-------548.85M644.23M693.75M765.40M861.12M860.89M865.65M855.68M865.65M882.85M878.66M846.58M923.04M909.30M1.01B1.02B1.02B
Operating Income124.26M174.45M268.17M202.80M242.00M307.61M185.94M120.05M248.67M182.98M108.87M70.24M147.59M199.88M239.78M276.30M414.76M397.62M268.42M405.37M536.27M546.39M419.28M535.99M
Operating Margin11.25%13.12%18.20%13.11%15.31%18.13%10.94%8.11%13.25%9.40%5.76%3.35%6.81%9.27%10.87%11.98%16.11%15.57%11.64%15.54%18.58%18.06%15.03%18.21%
EBITDA-------204.00M328.76M409.74M243.59M226.59M288.35M340.84M379.81M432.70M483.90M473.30M347.45M487.36M607.90M637.88M539.16M618.01M
EBITDA Margin-------13.78%17.52%21.05%12.89%10.81%13.31%15.80%17.22%18.77%18.79%18.54%15.07%18.68%21.07%21.09%19.33%21.00%
Net Income109.73M152.70M182.90M143.43M212.14M235.21M145.83M119.41M200.09M266.83M114.18M122.04M177.17M232.35M254.99M284.05M343.52M312.10M199.07M289.54M403.72M428.27M351.13M424.09M
Net Income Margin9.93%11.49%12.41%9.28%13.42%13.86%8.58%8.07%10.66%13.71%6.04%5.82%8.18%10.77%11.56%12.32%13.34%12.22%8.63%11.10%13.99%14.16%12.59%14.41%
R&D85.64M76.82M72.41M104.62M102.24M107.38M124.40M132.36M162.85M182.12M196.62M195.72M178.52M186.86M189.33M183.81M188.32M204.99M194.51M221.54M240.71M244.35M261.87M271.91M
R&D as % of Total Revenue7.75%5.78%4.91%6.77%6.47%6.33%7.32%8.94%8.68%9.36%10.41%9.34%8.24%8.66%8.58%7.97%7.31%8.03%8.43%8.49%8.34%8.08%9.39%9.24%
Interest Expense00000006.57M4.57M2.78M2.72M5.39M4.13M3.34M1.79M1.43M715.00K1.05M1.99M3.72M3.78M5.38M3.04M1.88M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.44%0.24%0.14%0.14%0.26%0.19%0.15%0.08%0.06%0.03%0.04%0.09%0.14%0.13%0.18%0.11%0.06%

Balance Sheet

Currency: TWD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.53B1.57B2.06B2.19B2.03B2.22B2.27B2.18B2.36B2.39B2.64B2.89B3.00B2.99B3.04B3.03B3.25B3.13B3.69B3.49B3.99B3.80B3.56B3.74B
Total Liabilities402.34M387.76M831.63M947.13M708.74M783.28M824.81M733.46M819.82M631.82M899.57M1.03B1.03B898.40M857.31M818.45M920.46M784.01M1.36B1.06B1.36B1.05B749.11M774.30M
Total Equity1.13B1.18B1.22B1.23B1.31B1.42B1.44B1.44B1.53B1.74B1.73B1.85B1.96B2.09B2.17B2.21B2.32B2.34B2.33B2.43B2.63B2.74B2.81B2.96B
Cash157.69M141.27M147.49M167.84M137.00M187.84M281.35M255.97M289.55M298.71M290.18M285.88M249.70M180.43M347.12M591.68M438.36M370.00M647.85M441.93M586.53M518.26M482.26M498.61M
Total Debt-------341.73M303.50M149.39M385.78M379.95M221.07M119.43M140.47M135.06M83.46M140.49M620.41M195.63M427.98M222.51M58.71M66.64M
Net Debt-------85.76M13.94M-149.32M95.59M94.07M-28.63M-60.99M-206.65M-456.62M-354.90M-229.51M-27.44M-246.30M-158.55M-295.75M-423.55M-431.96M

Cash Flow

Currency: TWD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow99.12M209.10M356.03M87.13M377.18M243.03M242.50M239.03M217.45M68.75M6.80M158.50M69.48M181.75M281.57M348.42M298.28M233.57M483.41M437.69M158.90M548.14M500.57M385.80M
Investing Cash Flow--------116.43M-55.47M167.85M-116.05M-108.77M-6.64M-70.12M502.00K96.92M-185.52M-45.41M-454.58M-3.58M-27.61M-78.79M-50.69M-165.61M
Financing Cash Flow53.10M-219.63M29.27M----141.79M-106.72M-250.54M111.36M-64.98M-113.85M-174.83M-71.54M-190.65M-263.51M-230.96M245.44M-608.43M-7.50M-524.82M-507.49M-296.29M
Capital Expenditure104.29M47.48M536.00M153.06M30.82M34.70M73.77M118.60M41.74M60.74M140.83M93.04M128.31M75.97M33.24M29.60M102.69M45.15M32.44M36.65M54.42M59.17M67.63M90.50M
Free Cash Flow-------120.42M175.71M8.01M-134.03M65.46M-58.83M105.78M248.33M318.81M195.59M188.42M450.96M401.04M104.48M488.97M432.94M295.31M
Dividends Paid57.59M83.43M83.43M131.37M131.37M177.34M141.68M100.81M50.40M79.39M111.00M58.28M30.60M65.78M96.70M174.06M217.57M261.08M217.57M174.06M217.57M290.10M319.10M290.10M
FCF to OCF-------50.38%80.80%11.65%-1970.67%41.30%-84.67%58.20%88.19%91.50%65.57%80.67%93.29%91.63%65.75%89.21%86.49%76.54%
Dividend Paid to FCF-------83.71%28.69%990.96%-82.82%89.03%-52.01%62.19%38.94%54.60%111.24%138.56%48.25%43.40%208.25%59.33%73.71%98.24%

Earnings

Report DateMar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009Mar 31, 2010Jun 30, 2010Jun 30, 2011Oct 28, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013May 28, 2014Sep 3, 2014Nov 11, 2014Mar 26, 2015Jun 3, 2015Aug 12, 2015Dec 2, 2015Mar 2, 2016Jun 1, 2016Aug 10, 2016Nov 9, 2016Mar 24, 2017May 11, 2017Aug 9, 2017Nov 10, 2017Mar 27, 2018May 30, 2018Aug 29, 2018Nov 7, 2018Feb 27, 2019May 29, 2019Aug 28, 2019Nov 6, 2019Feb 26, 2020Jun 3, 2020Sep 2, 2020Nov 11, 2020Mar 3, 2021Jun 2, 2021Sep 1, 2021Nov 10, 2021Mar 2, 2022Jun 1, 2022Aug 31, 2022Nov 9, 2022Feb 24, 2023May 11, 2023Aug 10, 2023Nov 9, 2023Feb 22, 2024
EPS Estimate-------0.52----------0.190.09-0.35-------------------------------0.630.68-
EPS Actual0.140.050.430.170.430.341.320.460.130.510.23-0.080.260.400.160.020.270.320.410.220.320.290.470.520.400.480.400.470.500.730.400.310.450.710.560.630.480.540.600.520.430.140.430.370.450.280.620.620.640.590.820.710.560.610.771.00
Surprise--------11.54%----------115.79%144.44%--17.14%--------------------------------3.17%13.24%-
Timing-------After-hours----------After-hoursPre-market-Pre-market---After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours---------------------Pre-marketPre-marketAfter-hours

Key Statistics & Ratios

Market Cap10.39B
Enterprise Value9.83B
Trailing P/E17.05
Forward P/E17.79
PEG Ratio0.66
Price / Sales3.17
Price / Book3.58
EPS4.20
Book Value20.61
Revenue (TTM)3.28B
Gross Profit (TTM)1.77B
EBITDA773.82M
Profit Margin18.65%
Operating Margin23.90%
Return on Equity21.74%
Return on Assets10.94%
Shares Outstanding145.05M
Shares Float54.53M
Beta0.53
Dividend Yield3.47%
Dividend Rate2.50
Payout Ratio59.45%

Dividends

20231×
2.00Jun 20, 2023
20221×
1.50Jun 22, 2022
20211×
1.06Jul 22, 2021
20201×
1.14Jul 1, 2020
20191×
1.80Jul 1, 2019
20181×
1.50Jul 6, 2018
20171×
1.20Jul 12, 2017
20161×
0.70Aug 31, 2016
20151×
0.48Jul 30, 2015
20141×
0.23Aug 5, 2014
20131×
0.42Jul 17, 2013
20121×
0.80Jul 11, 2012
20111×
0.57Jul 25, 2011
20101×
0.36Jul 27, 2010
20091×
0.69Jul 9, 2009
20081×
1.04Jul 17, 2008
20071×
1.32Jul 23, 2007
20061×
0.94Jul 4, 2006
20051×
0.94Jul 14, 2005
20041×
0.64Jul 20, 2004
20031×
0.60Jul 4, 2003
20021×
0.45Jul 3, 2002
20011×
0.83Jun 21, 2001
20001×
0.38Jun 20, 2000

Stock Splits

  • Aug 31, 201621:20
  • Jul 30, 201521:20
  • Aug 5, 201443:40
  • Jul 17, 201321:20
  • Jul 11, 201221:20
  • Jul 25, 2011818:779
  • Jul 27, 201021:20
  • Jul 17, 200821:20
  • Jul 23, 200721:20
  • Jul 20, 20041514:1441
  • Jul 3, 200243:40
  • Jun 21, 200111:10
  • Jun 20, 200023:20