Taiwan Mask Corp (2338) — Cash Flow Quality Index
Taiwan Mask Corp (2338) has a Cash Flow Quality Index of 0.53x as of March 2024. Operating cash flow of NT$331.42 Million is below net income of NT$630.37 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore 2338 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Taiwan Mask Corp Cash Flow Quality Index (2002–2023)
Historical Cash Flow Quality Index for Taiwan Mask Corp across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Taiwan Mask Corp (2338) cash conversion ratio.
Annual Cash Flow Quality Index for Taiwan Mask Corp (2002–2023)
Year-by-year earnings quality comparison for Taiwan Mask Corp.
| Year | Quality Index | Operating CF (TWD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 2.23x | NT$817.03 Million | NT$366.13 Million | ▲ +6.4% |
| 2022 | 2.10x | NT$1.41 Billion | NT$673.71 Million | ▲ +295.1% |
| 2021 | -1.07x | NT$-1.27 Billion | NT$1.18 Billion | ▼ -868.9% |
| 2020 | -0.11x | NT$-69.94 Million | NT$630.54 Million | ▼ -106.2% |
| 2019 | 1.79x | NT$671.75 Million | NT$374.52 Million | ▲ +329.1% |
| 2018 | -0.78x | NT$-159.44 Million | NT$203.65 Million | ▼ -124.1% |
| 2014 | 3.25x | NT$270.56 Million | NT$83.20 Million | ▼ -48.7% |
| 2013 | 6.33x | NT$428.14 Million | NT$67.59 Million | ▲ +1.9% |
| 2012 | 6.22x | NT$1.03 Billion | NT$166.48 Million | ▲ +144.9% |
| 2011 | 2.54x | NT$475.17 Million | NT$187.21 Million | ▼ -32.5% |
| 2010 | 3.76x | NT$961.57 Million | NT$255.70 Million | ▲ +134.8% |
| 2009 | 1.60x | NT$230.93 Million | NT$144.20 Million | ▼ -90.6% |
| 2008 | 17.03x | NT$2.24 Billion | NT$131.67 Million | ▲ +1070.5% |
| 2007 | 1.45x | NT$1.20 Billion | NT$826.15 Million | ▼ -30.3% |
| 2006 | 2.09x | NT$1.36 Billion | NT$650.27 Million | ▲ +12.1% |
| 2005 | 1.86x | NT$1.27 Billion | NT$679.66 Million | ▲ +5.0% |
| 2004 | 1.77x | NT$1.32 Billion | NT$743.13 Million | ▼ -26.8% |
| 2003 | 2.42x | NT$1.46 Billion | NT$601.32 Million | ▼ -1.1% |
| 2002 | 2.45x | NT$1.50 Billion | NT$610.94 Million | — |