Taiwan Mask Corp (2338) — Cash Flow Quality Index

Latest as of March 2024: 0.53x

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 long-term investment intensity of Taiwan Mask Corp to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.53x
Operating CF / Net Income

Operating Cash Flow

NT$331.42 Million
TWD

Net Income

NT$630.37 Million
TWD

Data as of

Mar 2024
Most recent filing

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. Check Taiwan Mask Corp tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Taiwan Mask Corp (2002–2023)

Year-by-year earnings quality comparison for Taiwan Mask Corp. For live market cap and the full company financial profile, see Taiwan Mask Corp (2338) total market value.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.