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Good Will Instrument Co., Ltd. (2423) Stock Price & Analysis

2423 Stock Chart & Stats

NT$61.00-NT$3.50(-5.43%)
At close: 12:30 AM EST
TWD 60TWD 65TWD 70TWD 75Aug 10Aug 24Sep 7Sep 21Oct 5Oct 19Nov 2
Day’s Range
TWD 59.90 - TWD 62.80
52-Week Range
TWD 44.65 - TWD 87.90
Previous Close
TWD 64.50
Volume
N/A
Average Volume (3M)
71.90K
Market Cap
TWD 8.85B
Enterprise Value
TWD 9.54B
Total Cash (Recent Filing)
TWD 929.42M
Total Debt (Recent Filing)
TWD 35.98M
Price to Earnings (P/E)
14.8
Beta
0.53
Next Earnings
Nov 11, 2026 (Est.)
EPS Estimate
N/A
Last Dividend Ex-Date
Jun 24, 2026
Dividend Yield
4.10%

Bulls Say, Bears Say

Bulls Say

Strong Profitability

Gross, operating, and net margins of about 53%, 18%, and 14% show that the core offering converts revenue into substantial profit at multiple stages. This profitability provides internal funding for product development and resilience, while leaving more room to absorb demand variability over the next several quarters.

Very Low Leverage

Debt at roughly 2% of equity gives Good Will Instrument substantial balance-sheet flexibility and limits interest-related pressure on earnings. Steadily growing equity and solid returns without heavy leverage support resilience, internal investment capacity, and the ability to navigate weaker demand.

Positive Free Cash Flow

Consistently positive free cash flow indicates that reported profitability is generally supported by cash generation rather than relying solely on accounting earnings. Improvement in 2025 strengthens the company’s ability to fund operations, reinvest in its instruments, and return capital without depending heavily on borrowing.

Bears Say

Uneven Revenue Growth

The uneven revenue trajectory, including a 2024 decline and only low-single-digit growth in 2025, indicates that demand is not consistently expanding. This can make capacity planning and earnings growth less predictable, even though strong margins provide some protection against slower top-line performance.

Operating Cash Flow Volatility

Variability in operating cash flow creates less certainty around the timing and quality of cash conversion. The lower share of net income covered in 2025 suggests working-capital or timing drag, which could constrain reinvestment and shareholder distributions if the pattern persists.

Fluctuating Asset Base

Fluctuations in the asset base introduce some uncertainty into the company’s operating and resource profile, despite its very low leverage. A less stable asset trajectory can complicate long-range planning and makes it important to monitor whether future growth is supported by consistently productive assets.

2423 FAQ

What was Good Will Instrument Co., Ltd.’s price range in the past 12 months?
Good Will Instrument Co., Ltd. lowest stock price was TWD 44.65 and its highest was TWD 87.90 in the past 12 months.
What is Good Will Instrument Co., Ltd.’s market cap?
Good Will Instrument Co., Ltd.’s market cap is TWD 8.85B.
When is Good Will Instrument Co., Ltd.’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Good Will Instrument Co., Ltd.’s earnings last quarter?
Good Will Instrument Co., Ltd. released its earnings results on Aug 07, 2026. The company reported TWD 1.197 earnings per share for the quarter.
Is Good Will Instrument Co., Ltd. overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Good Will Instrument Co., Ltd. pay dividends?
Good Will Instrument Co., Ltd. pays a ― dividend of TWD 2.5 which represents an annual dividend yield of 4.1%. See more information on Good Will Instrument Co., Ltd. dividends here
What is Good Will Instrument Co., Ltd.’s EPS estimate?
Good Will Instrument Co., Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Good Will Instrument Co., Ltd. have?
Good Will Instrument Co., Ltd. has 145,047,300 shares outstanding.
What happened to Good Will Instrument Co., Ltd.’s price movement after its last earnings report?
Good Will Instrument Co., Ltd. reported an EPS of TWD 1.197 in its last earnings report. Following the earnings report the stock price went up 2.273%.
Which hedge fund is a major shareholder of Good Will Instrument Co., Ltd.?
Currently, no hedge funds are holding shares in TW:2423
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology