Goodway Machine

Goodway Machine Asset Turnover

The Asset Turnover Ratio of Goodway Machine (1583.TW) as of Oct 20, 2026 is 0.27. In the previous year, Asset Turnover Ratio was 0.30 — a change of -8.04% (lower).

Asset Turnover

0.27

YoY

-8.04%

Last updated:

Asset Turnover Ratio of Goodway Machine is 2025 0.27 . Asset Turnover Ratio of Goodway Machine was 2024 0.30 . It decreases by -8.04% lower compared to the previous year.

The Goodway Machine Asset Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Asset Turnover
Date
Asset Turnover
Jan 1, 2018
0.57 TWD
Jan 1, 2019
0.47 TWD
Jan 1, 2020
0.42 TWD
Jan 1, 2021
0.51 TWD
Jan 1, 2022
0.42 TWD
Jan 1, 2023
0.40 TWD
Jan 1, 2024
0.30 TWD
Jan 1, 2025
0.27 TWD
The Goodway Machine Asset Turnover history
YEARAsset TurnoverYoY
0.27-8.04%
0.30-25.82%
0.40-4.35%
0.42-18.31%
0.51+21.52%
0.42-9.98%
0.47-17.87%
0.57+11.05%
0.52-5.56%
0.55+0.47%
0.54-18.18%
0.66—

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Goodway Machine Stock analysis

What does Goodway Machine do? Goodway Machine Corp, listed on the Taiwan Stock Exchange under ticker 1583.TW, is a machinery manufacturer headquartered in Taichung, Taiwan. The company went public on December 27, 2006, and operates within the Industrials sector, specifically in the Machinery industry. Goodway Machine Corp designs, processes, manufactures, and trades various machine tools. Its product portfolio includes horizontal lathes, vertical lathes, Swiss turning lathes, and vertical integrated processing machines. The firm also manufactures and sells automation equipment. These products are utilized in the processing and production of mechanical parts, automobile components, wind power devices, and gears. The company distributes its products domestically within Taiwan and internationally to markets such as Mainland China, the United States, Turkey, and Italy. Goodway Machine Corp maintains a website at https://www.goodwaycnc.com/ for further information. The company's operations focus on the manufacturing and trading of machine tools and automation solutions, serving both local and global clients in the industrial sector. Goodway Machine is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Goodway Machine stock

Asset Turnover Ratio of Goodway Machine is 0.27 in 2025.

Asset Turnover Ratio of Goodway Machine changed from 0.30 to 0.27, representing a -8.04% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Asset Turnover Ratio Goodway Machine since 2006 – with annual values, charts, and detailed analysis.

Asset turnover measures how efficiently a company uses its assets to generate revenue. Higher ratios indicate more efficient asset utilization.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Asset Turnover Ratio's Goodway Machine with sector peers and the industry average to assess whether it is attractive.

To evaluate Asset Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Asset Turnover Ratio.

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Profitability — Goodway Machine

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