Taiwan Mask Corp (2338) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.116x

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.

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

This chart illustrates how Taiwan Mask Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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. Explore Taiwan Mask Corp (2338) cash flow quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
El Pollo Loco Holdings Inc NASDAQ:LOCO	0.043x
Taiyuan Lionhead Cement Co Ltd SHG:600539	-0.034x
Relmada Therapeutics Inc NASDAQ:RLMD	-0.069x
Nanjing CEC Environmental Protect SHE:300172	-0.029x
BlackRock Municipal Income Closed Fund NYSE:BFK	-0.025x
Horizon Quantum Holdings Ltd. Class A Ordinary Shares NYSE:HQ	1.695x
PRIMA MARINE PCL-NVDR BK:PRM-R	0.098x
Perspective Therapeutics Inc. NYSE MKT:CATX	-0.091x

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. View Taiwan Mask Corp (2338) share price today for real-time trading data and today's change.

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

$442.51 Million

NT$14.05 Billion TWD

Market Cap Rank

#12957 Global

#486 in Taiwan

Share Price

NT$50.70

Change (1 day)

+9.98%

52-Week Range

NT$33.15 - NT$57.90

All Time High

NT$110.56