Taiwan Mask Corp.(TW:2338)
NT$39.05+0.70 (+1.83%)
TW:2338
Taiwan Mask Corp. financials statements
NT$39.05
At close:+0.70 (+1.83%)
Taiwan Mask Corp. (2338) Ratios
Taiwan Mask Corp. Ratios
TW:2338's free cash flow for Q2 2026 was NT$119.93M. For the 2026 fiscal year, TW:2338's free cash flow was decreased by NT$-80.77M and operating cash flow was NT$200.70M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.63 | 0.77 | 0.69 | 0.85 | 1.32 |
| Quick Ratio | 0.58 | 0.70 | 0.60 | 0.79 | 1.26 |
| Cash Ratio | 0.10 | 0.15 | 0.16 | 0.25 | 0.42 |
| Solvency Ratio | 0.03 | 0.05 | 0.09 | 0.08 | 0.12 |
| Operating Cash Flow Ratio | 0.29 | 0.20 | 0.09 | 0.20 | -0.20 |
| Short-Term Operating Cash Flow Coverage | 0.36 | 0.25 | 0.12 | 0.27 | -0.28 |
| Net Current Asset Value | NT$ -7.86B | NT$ -9.43B | NT$ -9.96B | NT$ -7.55B | NT$ -2.81B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.65 | 0.70 | 0.66 | 0.65 | 0.58 |
| Debt-to-Equity Ratio | 2.64 | 3.32 | 2.69 | 2.55 | 1.85 |
| Debt-to-Capital Ratio | 0.73 | 0.77 | 0.73 | 0.72 | 0.65 |
| Long-Term Debt-to-Capital Ratio | 0.50 | 0.60 | 0.56 | 0.56 | 0.46 |
| Financial Leverage Ratio | 4.08 | 4.74 | 4.08 | 3.94 | 3.16 |
| Debt Service Coverage Ratio | 0.05 | 0.12 | 0.21 | 0.24 | 0.34 |
| Interest Coverage Ratio | -1.99 | 0.88 | 2.55 | 4.85 | 12.71 |
| Debt to Market Cap | 1.27 | 1.35 | 0.89 | 0.62 | 0.39 |
| Interest Debt Per Share | 47.67 | 70.02 | 67.19 | 56.34 | 45.35 |
| Net Debt to EBITDA | 29.85 | 12.49 | 7.15 | 6.44 | 3.70 |
| Profitability Margins | |||||
| Gross Profit Margin | 7.85% | 18.80% | 25.51% | 27.11% | 23.19% |
| EBIT Margin | -19.84% | -4.24% | 10.40% | 11.79% | 21.72% |
| EBITDA Margin | 5.80% | 13.95% | 24.09% | 19.71% | 29.97% |
| Operating Profit Margin | -10.08% | 4.00% | 10.40% | 11.13% | 21.02% |
| Pretax Profit Margin | -24.91% | -8.81% | 6.19% | 8.70% | 19.39% |
| Net Profit Margin | -19.44% | -6.25% | 5.09% | 5.76% | 14.59% |
| Continuous Operations Profit Margin | -24.46% | -10.39% | 2.28% | 6.55% | 13.94% |
| Net Income Per EBT | 78.04% | 70.94% | 82.13% | 66.15% | 75.25% |
| EBT Per EBIT | 247.20% | -220.01% | 59.55% | 78.17% | 92.23% |
| Return on Assets (ROA) | -6.71% | -2.27% | 1.75% | 2.49% | 5.50% |
| Return on Equity (ROE) | -27.43% | -10.75% | 7.15% | 9.80% | 17.38% |
| Return on Capital Employed (ROCE) | -6.63% | 2.66% | 6.09% | 7.90% | 13.11% |
| Return on Invested Capital (ROIC) | -3.79% | 1.60% | 1.45% | 3.52% | 6.76% |
| Return on Tangible Assets | -6.83% | -2.34% | 1.81% | 2.56% | 5.64% |
| Earnings Yield | -13.63% | -4.49% | 2.46% | 2.52% | 3.91% |
| Efficiency Ratios | |||||
| Receivables Turnover | 5.64 | 5.03 | 4.44 | 4.55 | 3.98 |
| Payables Turnover | 13.31 | 11.33 | 11.56 | 13.52 | 9.78 |
| Inventory Turnover | 13.27 | 8.48 | 7.64 | 14.75 | 10.81 |
| Fixed Asset Turnover | 0.59 | 0.70 | 0.69 | 1.20 | 1.27 |
| Asset Turnover | 0.35 | 0.36 | 0.34 | 0.43 | 0.38 |
| Working Capital Turnover Ratio | -2.33 | -3.12 | -3.80 | 15.63 | 14.68 |
| Cash Conversion Cycle | 64.75 | 83.34 | 98.39 | 77.96 | 88.23 |
| Days of Sales Outstanding | 64.67 | 72.52 | 82.20 | 80.22 | 91.77 |
| Days of Inventory Outstanding | 27.50 | 43.03 | 47.76 | 24.74 | 33.78 |
| Days of Payables Outstanding | 27.42 | 32.21 | 31.57 | 27.00 | 37.32 |
| Operating Cycle | 92.17 | 115.54 | 129.96 | 104.97 | 125.55 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 9.76 | 8.92 | 3.91 | 6.77 | -6.04 |
| Free Cash Flow Per Share | 4.32 | -0.48 | -11.47 | -7.40 | -15.08 |
| Dividend Paid and CapEx Coverage Ratio | 1.79 | 0.82 | 0.22 | 0.42 | -0.57 |
| Capital Expenditure Coverage Ratio | 1.79 | 0.95 | 0.26 | 0.48 | -0.67 |
| Operating Cash Flow Coverage Ratio | 0.21 | 0.13 | 0.06 | 0.12 | -0.13 |
| Operating Cash Flow to Sales Ratio | 0.39 | 0.25 | 0.11 | 0.18 | -0.21 |
| Free Cash Flow Yield | 12.21% | -0.97% | -16.13% | -8.74% | -13.96% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -7.33 | -22.29 | 40.63 | 39.58 | 25.53 |
| Price-to-Sales (P/S) Ratio | 1.43 | 1.39 | 2.07 | 2.28 | 3.73 |
| Price-to-Book (P/B) Ratio | 2.01 | 2.39 | 2.90 | 3.89 | 4.44 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 8.19 | -103.45 | -6.20 | -11.44 | -7.16 |
| Price-to-Operating Cash Flow Ratio | 3.62 | 5.52 | 18.21 | 12.50 | -17.89 |
| Price-to-Earnings Growth (PEG) Ratio | -0.06 | 0.10 | -2.23 | -0.80 | 0.33 |
| Enterprise Value Multiple | 54.45 | 22.45 | 15.72 | 18.01 | 16.13 |
| Enterprise Value | 19.06B | 23.69B | 27.27B | 27.49B | 29.39B |
| EV to EBITDA | 54.45 | 22.45 | 15.72 | 18.01 | 16.13 |
| EV to Sales | 3.16 | 3.13 | 3.79 | 3.55 | 4.84 |
| EV to Free Cash Flow | 18.12 | -233.05 | -11.37 | -17.80 | -9.29 |
| EV to Operating Cash Flow | 8.02 | 12.45 | 33.38 | 19.46 | -23.21 |
| Tangible Book Value Per Share | 16.58 | 16.00 | 20.69 | 18.88 | 20.85 |
| Shareholders’ Equity Per Share | 17.57 | 20.58 | 24.49 | 21.80 | 24.31 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.02 | -0.18 | 0.63 | 0.34 | 0.25 |
| Revenue Per Share | 24.79 | 35.41 | 34.41 | 37.11 | 28.97 |
| Net Income Per Share | -4.82 | -2.21 | 1.75 | 2.14 | 4.23 |
| Tax Burden | 0.78 | 0.71 | 0.82 | 0.66 | 0.75 |
| Interest Burden | 1.26 | 2.08 | 0.60 | 0.74 | 0.89 |
| Research & Development to Revenue | 0.05 | 0.05 | 0.05 | 0.03 | 0.03 |
| SG&A to Revenue | 0.12 | 0.10 | 0.10 | 0.08 | 0.13 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 |
| Income Quality | -1.58 | -2.86 | 2.23 | 2.10 | -1.07 |
Currency in TWD
