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Good Will Instrument Co Ltd
TWSE:2423

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Good Will Instrument Co Ltd Logo
Good Will Instrument Co Ltd
TWSE:2423
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Price: 49.4 TWD 0.1% Market Closed
Market Cap: NT$7.2B
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+1%
5Y
+25%
10Y
+37%
Operating Income
+
3Y
+10%
5Y
+91%
10Y
+258%
Net Income
+
3Y
+6%
5Y
+86%
10Y
+119%

Earnings Waterfall
Good Will Instrument Co Ltd

Income Statement
Good Will Instrument Co Ltd

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Income Statement
Currency: TWD
Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
11
11
10
9
7
5
5
5
5
4
4
3
3
2
2
2
3
3
3
5
5
6
6
5
4
4
4
4
3
3
2
2
2
2
2
2
1
1
1
1
1
1
1
1
1
1
1
1
2
3
4
4
4
3
2
3
4
5
5
6
5
5
4
3
3
3
3
2
Revenue
1 700
N/A
1 542
-9%
1 432
-7%
1 475
+3%
1 480
+0%
1 591
+7%
1 718
+8%
1 835
+7%
1 876
+2%
1 965
+5%
1 917
-2%
1 893
-1%
1 947
+3%
1 842
-5%
1 954
+6%
1 910
-2%
1 889
-1%
1 959
+4%
1 984
+1%
2 049
+3%
2 096
+2%
2 109
+1%
2 126
+1%
2 153
+1%
2 167
+1%
2 161
0%
2 117
-2%
2 094
-1%
2 157
+3%
2 185
+1%
2 182
0%
2 196
+1%
2 206
+0%
2 273
+3%
2 348
+3%
2 365
+1%
2 306
-3%
2 277
-1%
2 369
+4%
2 438
+3%
2 575
+6%
2 634
+2%
2 545
-3%
2 613
+3%
2 553
-2%
2 497
-2%
2 406
-4%
2 304
-4%
2 306
+0%
2 355
+2%
2 482
+5%
2 603
+5%
2 609
+0%
2 721
+4%
2 778
+2%
2 829
+2%
2 886
+2%
2 904
+1%
2 951
+2%
2 932
-1%
3 025
+3%
2 953
-2%
2 903
-2%
2 846
-2%
2 789
-2%
2 789
0%
2 847
+2%
2 871
+1%
Gross Profit
Cost of Revenue
(950)
(856)
(799)
(829)
(811)
(867)
(918)
(975)
(983)
(1 055)
(1 021)
(1 008)
(1 070)
(993)
(1 085)
(1 047)
(1 015)
(1 052)
(1 066)
(1 121)
(1 165)
(1 169)
(1 167)
(1 165)
(1 158)
(1 137)
(1 101)
(1 091)
(1 091)
(1 113)
(1 096)
(1 093)
(1 110)
(1 151)
(1 207)
(1 211)
(1 164)
(1 131)
(1 168)
(1 194)
(1 278)
(1 312)
(1 253)
(1 311)
(1 277)
(1 245)
(1 215)
(1 163)
(1 191)
(1 212)
(1 269)
(1 319)
(1 281)
(1 355)
(1 367)
(1 398)
(1 440)
(1 451)
(1 484)
(1 454)
(1 467)
(1 406)
(1 392)
(1 372)
(1 349)
(1 352)
(1 341)
(1 345)
Gross Profit
750
N/A
686
-9%
633
-8%
646
+2%
669
+4%
724
+8%
800
+11%
860
+7%
893
+4%
909
+2%
896
-1%
885
-1%
877
-1%
849
-3%
869
+2%
864
-1%
874
+1%
908
+4%
919
+1%
928
+1%
931
+0%
939
+1%
960
+2%
989
+3%
1 008
+2%
1 024
+2%
1 016
-1%
1 003
-1%
1 066
+6%
1 072
+1%
1 086
+1%
1 103
+2%
1 095
-1%
1 122
+2%
1 141
+2%
1 155
+1%
1 142
-1%
1 147
+0%
1 202
+5%
1 244
+4%
1 298
+4%
1 323
+2%
1 292
-2%
1 302
+1%
1 276
-2%
1 251
-2%
1 191
-5%
1 142
-4%
1 115
-2%
1 143
+3%
1 213
+6%
1 284
+6%
1 328
+3%
1 366
+3%
1 411
+3%
1 431
+1%
1 446
+1%
1 452
+0%
1 467
+1%
1 478
+1%
1 558
+5%
1 547
-1%
1 510
-2%
1 474
-2%
1 440
-2%
1 437
0%
1 506
+5%
1 526
+1%
Operating Income
Operating Expenses
(572)
(568)
(560)
(545)
(549)
(562)
(586)
(620)
(644)
(660)
(686)
(684)
(694)
(701)
(699)
(713)
(765)
(792)
(825)
(855)
(861)
(864)
(867)
(866)
(861)
(862)
(855)
(864)
(866)
(879)
(881)
(872)
(856)
(849)
(850)
(851)
(866)
(878)
(893)
(903)
(947)
(964)
(966)
(979)
(940)
(925)
(911)
(880)
(866)
(881)
(900)
(929)
(948)
(956)
(963)
(977)
(997)
(1 002)
(1 013)
(1 032)
(1 014)
(1 038)
(1 049)
(1 044)
(1 028)
(1 056)
(1 037)
(1 027)
Selling, General & Administrative
(448)
(443)
(431)
(416)
(417)
(424)
(442)
(461)
(481)
(491)
(509)
(513)
(512)
(514)
(512)
(519)
(569)
(599)
(627)
(658)
(665)
(671)
(676)
(681)
(682)
(676)
(671)
(675)
(679)
(691)
(695)
(683)
(666)
(663)
(665)
(669)
(682)
(696)
(710)
(721)
(759)
(765)
(762)
(770)
(735)
(727)
(714)
(688)
(672)
(680)
(694)
(712)
(727)
(734)
(733)
(742)
(756)
(759)
(769)
(786)
(768)
(772)
(773)
(763)
(764)
(758)
(742)
(729)
Research & Development
(124)
(125)
(129)
(130)
(132)
(138)
(144)
(159)
(163)
(169)
(177)
(171)
(182)
(187)
(187)
(194)
(197)
(194)
(198)
(197)
(196)
(193)
(189)
(183)
(179)
(183)
(182)
(186)
(187)
(187)
(186)
(189)
(189)
(187)
(186)
(182)
(184)
(183)
(183)
(182)
(188)
(199)
(204)
(209)
(205)
(198)
(197)
(192)
(195)
(146)
(152)
(162)
(222)
(223)
(230)
(235)
(241)
(243)
(245)
(246)
(242)
(246)
(255)
(259)
(260)
(263)
(260)
(264)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(4)
(1)
(2)
(3)
(4)
(4)
(4)
(4)
Other Operating Expenses
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(3)
(3)
(3)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(55)
(55)
(55)
0
0
0
0
0
0
0
0
0
(19)
(19)
(19)
0
(30)
(30)
(30)
Operating Income
178
N/A
118
-34%
73
-38%
100
+37%
120
+20%
162
+35%
214
+32%
240
+12%
249
+4%
249
+0%
210
-16%
201
-5%
183
-9%
149
-19%
170
+14%
151
-11%
109
-28%
115
+6%
93
-19%
73
-22%
70
-3%
75
+6%
93
+24%
123
+32%
148
+20%
162
+10%
161
-1%
140
-13%
200
+43%
194
-3%
205
+6%
231
+13%
240
+4%
273
+14%
290
+6%
304
+5%
276
-9%
268
-3%
309
+15%
341
+10%
350
+3%
359
+2%
326
-9%
323
-1%
336
+4%
327
-3%
280
-14%
262
-7%
249
-5%
262
+5%
313
+19%
355
+13%
380
+7%
410
+8%
448
+9%
454
+1%
449
-1%
450
+0%
454
+1%
446
-2%
543
+22%
509
-6%
462
-9%
430
-7%
412
-4%
382
-7%
470
+23%
499
+6%
Pre-Tax Income
Interest Income Expense
(2)
11
8
(1)
(2)
(6)
(1)
(5)
(19)
(13)
(17)
(5)
(5)
(20)
21
14
25
38
(2)
(1)
41
10
7
7
9
(6)
(13)
19
16
36
67
30
12
(8)
24
28
46
60
15
12
22
21
21
21
4
4
(12)
(19)
(21)
(34)
(35)
(34)
(28)
(9)
(8)
34
36
19
22
(2)
(17)
3
5
3
22
33
(34)
(26)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(19)
0
0
0
(30)
0
0
0
Gain/Loss on Disposition of Assets
0
0
0
0
(0)
(1)
(1)
(1)
(0)
0
105
104
104
104
(1)
(0)
0
0
37
37
(0)
37
1
1
3
3
2
0
(0)
0
0
(0)
(0)
(0)
(0)
(0)
(0)
0
0
1
1
0
(0)
0
(0)
0
2
2
2
2
(3)
3
3
3
6
(0)
(0)
1
1
1
1
1
0
0
(0)
(0)
0
0
Total Other Income
23
21
21
23
20
21
23
25
32
38
39
42
40
37
37
36
36
41
36
40
40
43
50
43
55
49
47
56
46
47
50
47
52
56
50
45
44
39
43
47
48
51
54
57
55
52
47
48
44
52
50
50
50
43
47
46
45
43
42
44
47
48
46
40
42
40
41
41
Pre-Tax Income
199
N/A
150
-25%
103
-31%
122
+19%
137
+12%
177
+29%
236
+33%
259
+10%
262
+1%
274
+5%
338
+23%
342
+1%
322
-6%
270
-16%
228
-16%
201
-12%
170
-15%
194
+14%
164
-15%
149
-9%
149
+0%
164
+10%
150
-8%
174
+16%
214
+23%
209
-3%
198
-5%
215
+9%
262
+22%
277
+5%
323
+17%
308
-5%
303
-2%
321
+6%
364
+13%
377
+4%
366
-3%
367
+0%
367
+0%
401
+9%
422
+5%
431
+2%
401
-7%
402
+0%
395
-2%
383
-3%
317
-17%
292
-8%
274
-6%
282
+3%
326
+16%
374
+15%
405
+8%
446
+10%
493
+11%
534
+8%
530
-1%
514
-3%
519
+1%
489
-6%
555
+14%
561
+1%
512
-9%
473
-8%
446
-6%
454
+2%
477
+5%
515
+8%
Net Income
Tax Provision
(67)
(41)
(32)
(21)
(22)
(21)
(31)
(57)
(69)
(75)
(70)
(60)
(55)
(50)
(56)
(66)
(56)
(58)
(45)
(43)
(31)
(44)
(42)
(27)
(39)
(26)
(21)
(29)
(31)
(34)
(51)
(46)
(49)
(50)
(56)
(71)
(82)
(91)
(95)
(103)
(79)
(83)
(77)
(74)
(83)
(79)
(72)
(72)
(75)
(78)
(101)
(121)
(115)
(129)
(132)
(144)
(127)
(122)
(124)
(102)
(127)
(127)
(108)
(98)
(95)
(93)
(97)
(103)
Income from Continuing Operations
132
109
71
101
116
157
205
203
193
199
268
282
267
220
172
134
114
136
120
105
118
120
109
147
175
183
176
186
231
242
272
262
254
271
308
307
284
276
272
297
343
348
323
328
312
303
245
220
199
203
224
252
290
317
361
390
404
392
395
387
428
434
404
375
351
361
379
411
Income to Minority Interest
14
12
10
9
4
5
5
4
7
5
6
1
(0)
(1)
(3)
2
0
1
1
2
4
4
4
2
2
2
2
2
1
1
1
1
1
0
0
0
0
0
1
0
0
1
1
0
0
0
(0)
0
0
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Income (Common)
146
N/A
121
-17%
81
-33%
110
+35%
119
+9%
162
+35%
209
+30%
207
-1%
200
-3%
204
+2%
274
+34%
283
+3%
267
-6%
219
-18%
170
-22%
137
-19%
114
-17%
137
+20%
120
-13%
107
-11%
122
+14%
124
+1%
112
-9%
149
+33%
177
+19%
185
+4%
178
-4%
188
+5%
232
+24%
244
+5%
273
+12%
263
-4%
255
-3%
271
+6%
308
+14%
307
0%
284
-8%
276
-3%
273
-1%
298
+9%
344
+15%
349
+2%
324
-7%
328
+1%
312
-5%
304
-3%
245
-19%
221
-10%
199
-10%
203
+2%
224
+11%
252
+12%
290
+15%
317
+9%
361
+14%
390
+8%
404
+4%
392
-3%
395
+1%
387
-2%
428
+11%
434
+1%
404
-7%
375
-7%
351
-6%
361
+3%
379
+5%
411
+8%
EPS (Diluted)
0.99
N/A
0.83
-16%
0.55
-34%
0.76
+38%
0.82
+8%
1.11
+35%
1.43
+29%
1.41
-1%
1.37
-3%
1.4
+2%
1.85
+32%
1.94
+5%
1.82
-6%
1.5
-18%
1.17
-22%
0.94
-20%
0.78
-17%
0.94
+21%
0.82
-13%
0.74
-10%
0.83
+12%
0.85
+2%
0.77
-9%
1.02
+32%
1.2
+18%
1.26
+5%
1.22
-3%
1.28
+5%
1.59
+24%
1.67
+5%
1.87
+12%
1.8
-4%
1.74
-3%
1.85
+6%
2.1
+14%
2.1
N/A
1.94
-8%
1.89
-3%
1.87
-1%
2.03
+9%
2.34
+15%
2.39
+2%
2.22
-7%
2.25
+1%
2.14
-5%
2.08
-3%
1.68
-19%
1.51
-10%
1.36
-10%
1.39
+2%
1.54
+11%
1.73
+12%
1.98
+14%
2.17
+10%
2.47
+14%
2.66
+8%
2.75
+3%
2.67
-3%
2.7
+1%
2.65
-2%
2.93
+11%
2.97
+1%
2.77
-7%
2.57
-7%
2.4
-7%
2.47
+3%
2.6
+5%
2.82
+8%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
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