Goodway Machine Corp.

Goodway Machine Corp.

TTWSE:1583
47.00
TWD
-0.50
(-1.05%)
4.83EPS
11.37P/E
5.47BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
49.24
65.18
65.64
53.89
69.25
69.66
50.9
43.25
55.89
53.06
44.2
36.75
32.5
33.52
Basic EPS, GAAP
3.26
5.72
5.7
2.05
3.47
4.96
2.23
4.03
3.02
5.89
5.93
10.43
-4.43
4.04
Free Cash Flow per Basic Share
0.37
3.87
1.74
11.71
-3.5
-4.57
10.78
5.41
5.94
2.77
9.73
-1.85
-1.78
-0.01
Dividend per Share
1.64
2.18
3.21
0.42
1.01
2.29
2.75
2.75
2.75
2.29
2.75
3.67
2.77
- -
Book Value per Share
24.85
28.44
31.07
32.18
34.16
37.16
37.82
40.38
41.96
43.32
45.98
54.66
47.43
47.54
Tangible Book Value per Share
24.02
27.62
30.24
31.35
32.86
35.8
36.49
39.08
40.61
42.01
44.65
53.19
46
46.15
Basic Weighted Avg Shares
119
120
109
120
109
120
120
120
120
120
120
120
120
119
Sales/Revenue/Turnover
5,883
7,817
7,160
6,485
7,578
8,382
6,125
5,205
6,725
6,385
5,319
4,423
3,887
3,984
Operating Margin (%)
9.92
11.49
11.37
9.24
10.11
9.44
7.68
1.4
9.18
12.27
6.9
0.26
-3.73
-2.59
Depreciation Expense
177
171
181
182
169
188
236
228
219
218
218
213
202
202
Net Income, GAAP
390
686
622
247
380
597
268
485
364
708
713
1,255
-530
480
Effective Tax Rate (%)
21.54
22.44
22.22
35.51
29.4
18.65
30.83
- -
33.86
22.81
17.04
4.23
- -
13.23
Profit Margin (%)
6.63
8.77
8.68
3.81
5.01
7.12
4.38
9.32
5.41
11.09
13.41
28.39
-13.63
12.04
Working Capital
1,651
1,814
2,647
3,121
2,344
2,344
2,252
2,456
2,787
3,857
3,716
5,405
3,485
3,696
LT Debt
532
489
950
1,126
1,123
712
671
146
217
829
274
1,520
970
1,183
Total Equity
4,315
4,911
5,327
5,479
5,567
6,002
6,019
6,466
6,573
6,829
7,165
8,413
7,204
7,242
Return on Invested Capital (%)
5.62
7.48
5.83
3.49
4.69
5.06
2.63
- -
3.57
4.96
2.84
0.03
- -
-0.82
Return on Capital (%)
3.45
6.04
4.84
1.89
2.89
3.81
2.05
- -
2.78
4.69
5.4
8.72
- -
3.81
Return on Common Equity (%)
13.69
21.5
17.39
6.49
9.51
13.91
5.95
10.31
7.34
13.8
13.28
20.73
-8.66
8.91

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4,737
5,433
4,280
LT Borrowings
487
764
706
LT Finance Leases
483
482
477
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
119
119
119
Market Capitalization
4,830
4,863
5,470

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9,137
10,169
9,054
Cash, Cash Equivalents & STI
4,348
5,432
4,232
Accounts Receivable, Net
895
893
904
Inventories
3,475
3,424
3,477
Total Current Liabilities
5,652
6,396
5,358
Payables & Accruals
- -
- -
- -
ST Debt
4,737
5,433
4,280
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.35%
2.7%
-14.38%
Free Cash Flow
25.87%
16.82%
-4.28%
Net Income, GAAP
8.06%
0.85%
-142.2%
Sales/Revenue/Turnover
-4.54%
-4.3%
-12.11%
Total Cash Common Dividend
- -
- -
-25%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
948
1,245
1,118
1,111
4,423
2025
864
1,016
1,033
974
3,887
2026
932
1,044
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.33
1.39
1.4
7.31
10.43
2025
-6.78
-1.14
2.69
0.85
-4.43
2026
0.17
0.32
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.67
2025
- -
- -
- -
- -
2.77
2026
- -
- -
- -
- -
- -

Company Description

CEO
Te Hua Yang
Full Time Employees
1,070
Sector
Producer manufacturing
Industry
Industrial machinery
Address
No.13, Gongyequ 5th Road Taichung TX Taiwan 40767
IPO Date
Dec 27, 2006
Business
Goodway Machine Corp. specializes in the development and manufacturing of high-precision CNC machine tools, including multi-axis CNC lathes, vertical and horizontal machining centers, swiss-type turning centers, grinding machines, and automation turning products such as bar feeders, gantry loading systems, loading and unloading systems, parts probes, tool presetters, and steady rests. The company operates across Taiwan, Asia, the United States, Europe, and internationally, serving industrial manufacturing markets with advanced machining solutions. Founded in 1975 and headquartered in Taichung, Taiwan, Goodway is one of Taiwan's largest CNC lathe manufacturers with a strong emphasis on innovation and high productivity. Recent strategic initiatives include a "triple strategy" focusing on expanding production capacity, promoting high-end 5-axis machine marketing, and strengthening supply chain cooperation. The company has also launched new generation multi-tasking machines, multi-turret turning centers, swiss type turning centers, and supersized vertical turning centers. In addition, Goodway is undergoing a second expansion project at its Chiayi plant and enhancing its sales network in emerging markets. It has implemented TPS lean production, a new generation ERP system, and advanced human resource training to support sustained operational growth. Goodway Technologies, a related entity, has recently sold its SpeedClean and BBJ product lines to DiversiTech and acquired Doman SRL to bolster its industrial cleaning and maintenance equipment portfolio globally, focusing on dry steam technology alongside its core CNC machine operation. These actions highlight Goodway's business focus on core competencies in CNC machine tools and strategic growth through operational expansions and product innovation.