Taiwan Mask Corp Cash Flow Conversion Efficiency

Latest as of September 2025: 0.116x

Taiwan Mask Corp cash flow conversion efficiency. Based on the latest financial reports, Taiwan Mask Corp (2338) has a cash flow conversion efficiency ratio of 0.116x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (NT$541.21 Million ≈ $17.05 Million USD) by net assets (NT$4.65 Billion ≈ $146.47 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see 2338 company net worth for the company's overall valuation and market capitalisation.

Cash Flow Conversion Efficiency of Taiwan Mask Corp (2002–2024)

Cash flow conversion efficiency of Taiwan Mask Corp from 2002 to 2024. This chart illustrates how Taiwan Mask Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Taiwan Mask Corp share price for real-time trading data and today's change.

Taiwan Mask Corp Cash Flow Conversion Ratio Explained

Taiwan Mask Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Taiwan Mask Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Taiwan Mask Corp ranked by their cash flow conversion efficiency. Review Taiwan Mask Corp free cash flow efficiency to assess how much free cash flow the company generates relative to operating cash flow.

Company	Cash Flow Conversion Efficiency
Samaiden Group Bhd KLSE:0223	-0.192x
GWA Group Ltd AU:GWA	0.116x
Beijing Bashi Media Co Ltd SHG:600386	0.071x
Is Gayrimenkul Yatirim Ortakligi AS IS:ISGYO	-0.030x
Jinlong Machinery Electronic SHE:300032	0.078x
Deutsche Beteiligungs AG XETRA:DBAN	-0.020x
Strata Critical Medical, Inc. NASDAQ:SRTA	0.012x
Clearfield Inc NASDAQ:CLFD	0.040x

Annual Cash Flow Conversion Efficiency for Taiwan Mask Corp (2002–2024)

The table below shows the annual cash flow conversion efficiency of Taiwan Mask Corp from 2002 to 2024. Also see 2338 asset base for a full breakdown of the balance sheet.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	NT$4.07 Billion ≈ $128.29 Million	NT$1.90 Billion ≈ $59.97 Million	0.467x	+188.92%
2023-12-31	NT$5.05 Billion ≈ $159.08 Million	NT$817.03 Million ≈ $25.74 Million	0.162x	-49.21%
2022-12-31	NT$4.43 Billion ≈ $139.70 Million	NT$1.41 Billion ≈ $44.51 Million	0.319x	+222.54%
2021-12-31	NT$4.87 Billion ≈ $153.44 Million	NT$-1.27 Billion ≈ $-39.89 Million	-0.260x	-1170.03%
2020-12-31	NT$3.42 Billion ≈ $107.64 Million	NT$-69.94 Million ≈ $-2.20 Million	-0.020x	-109.51%
2019-12-31	NT$3.12 Billion ≈ $98.34 Million	NT$671.75 Million ≈ $21.16 Million	0.215x	+447.40%
2018-12-31	NT$2.57 Billion ≈ $81.09 Million	NT$-159.44 Million ≈ $-5.02 Million	-0.062x	-125.67%
2017-12-31	NT$2.48 Billion ≈ $78.11 Million	NT$598.37 Million ≈ $18.85 Million	0.241x	+1642.61%
2016-12-31	NT$3.22 Billion ≈ $101.37 Million	NT$44.56 Million ≈ $1.40 Million	0.014x	-82.96%
2015-12-31	NT$3.62 Billion ≈ $113.98 Million	NT$294.11 Million ≈ $9.27 Million	0.081x	+16.70%
2014-12-31	NT$3.88 Billion ≈ $122.36 Million	NT$270.56 Million ≈ $8.52 Million	0.070x	-35.08%
2013-12-31	NT$3.99 Billion ≈ $125.70 Million	NT$428.14 Million ≈ $13.49 Million	0.107x	-57.51%
2012-12-31	NT$4.10 Billion ≈ $129.09 Million	NT$1.03 Billion ≈ $32.60 Million	0.253x	+131.43%
2011-12-31	NT$4.35 Billion ≈ $137.20 Million	NT$475.17 Million ≈ $14.97 Million	0.109x	-47.41%
2010-12-31	NT$4.63 Billion ≈ $146.00 Million	NT$961.57 Million ≈ $30.29 Million	0.207x	+352.86%
2009-12-31	NT$5.04 Billion ≈ $158.79 Million	NT$230.93 Million ≈ $7.28 Million	0.046x	-89.67%
2008-12-31	NT$5.05 Billion ≈ $159.19 Million	NT$2.24 Billion ≈ $70.64 Million	0.444x	+115.71%
2007-12-31	NT$5.84 Billion ≈ $184.08 Million	NT$1.20 Billion ≈ $37.86 Million	0.206x	-17.42%
2006-12-31	NT$5.45 Billion ≈ $171.77 Million	NT$1.36 Billion ≈ $42.79 Million	0.249x	-0.91%
2005-12-31	NT$5.04 Billion ≈ $158.72 Million	NT$1.27 Billion ≈ $39.90 Million	0.251x	-10.40%
2004-12-31	NT$4.70 Billion ≈ $148.07 Million	NT$1.32 Billion ≈ $41.54 Million	0.281x	+1.06%
2003-12-31	NT$5.25 Billion ≈ $165.37 Million	NT$1.46 Billion ≈ $45.91 Million	0.278x	+1.21%
2002-12-31	NT$5.46 Billion ≈ $171.94 Million	NT$1.50 Billion ≈ $47.17 Million	0.274x	--

About Taiwan Mask Corp

TW:2338 Taiwan Semiconductor Equipment & Materials

Market Cap

$384.47 Million

NT$12.20 Billion TWD

Market Cap Rank

#13282 Global

#543 in Taiwan

Share Price

NT$44.05

Change (1 day)

-3.72%

52-Week Range

NT$33.15 - NT$57.90

All Time High

NT$110.56