Changs Ascending Enterprise Co., Ltd.

8038 · TWO · Industrials / Electrical Equipment & Parts

27.50TWD-0.10 (-0.36%)

Price History

Full chart

Market Stats

Previous Close27.60

Open28.00

Day Range27.40 – 28.00

52-Week Range29.10 – 61.10

Volume89.67K

Market Cap2.17B

P/E (TTM)41.93

Forward P/E0.00

EPS0.83

Dividend Yield0.00%

Beta0.90

50-Day Avg31.88

200-Day Avg40.81

About

Changs Ascending Enterprise Co., Ltd. engages in the research and development, manufacturing, and sale of lithium-iron batteries and its materials in Taiwan. The company offers power and energy storage batteries. It is also involved in the patent licensing; technology transfer; and leasing and sales of battery module. The company was formerly known as Changs Enterprise Co., Ltd. and changed its name to Changs Ascending Enterprise Co., Ltd. in July 2000. Changs Ascending Enterprise Co., Ltd. was founded in 1997 and is based in Taichung, Taiwan.

Company Details

SectorIndustrials
IndustryElectrical Equipment & Parts
CEOMr. Heng-Chieh Chang
Employees0
Headquarters9 Keya East Road, Taichung, Taiwan, 407, Taiwan
Websitehttps://www.caec.com.tw

Leadership

Mr. Heng-Chieh ChangPresident & Director
Mr. Tai-Feng ChenFinancial Officer & Accounting Supervisor
Mr. Shuo Feng ChangVice President
Chiu-Hsun YangManager
Mr. C. C. Chang Ph.D.Chief Scientist

Financials

Income Statement

Currency: TWD	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	66.30M	207.39M	332.99M	176.69M	596.93M
Growth (%)	-	+212.80%	+60.56%	-46.94%	+237.84%
Cost of Revenue	92.77M	157.76M	243.68M	170.24M	424.58M
Gross Profit	-26.47M	49.63M	89.31M	6.45M	172.35M
Gross Margin	-39.92%	23.93%	26.82%	3.65%	28.87%
Operating Expense	92.83M	81.48M	86.81M	113.93M	126.31M
Operating Income	-119.30M	-31.85M	2.50M	-107.47M	46.03M
Operating Margin	-179.94%	-15.36%	0.75%	-60.83%	7.71%
EBITDA	-	12.35M	43.92M	-60.25M	92.15M
EBITDA Margin	-	5.95%	13.19%	-34.10%	15.44%
Net Income	-121.32M	-24.45M	8.00K	-96.19M	57.10M
Net Income Margin	-182.98%	-11.79%	0.00%	-54.44%	9.57%
R&D	36.81M	31.34M	26.15M	44.03M	33.92M
R&D as % of Total Revenue	55.52%	15.11%	7.85%	24.92%	5.68%
Interest Expense	9.42M	11.08M	13.09M	11.27M	13.49M
Interest Expense % of Total Revenue	14.20%	5.34%	3.93%	6.38%	2.26%

Balance Sheet

Currency: TWD	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	1.03B	1.08B	1.12B	1.07B	1.32B
Total Liabilities	548.60M	624.67M	566.67M	601.06M	799.04M
Total Equity	419.83M	397.69M	498.81M	404.43M	461.75M
Cash	165.39M	137.31M	242.18M	191.19M	293.24M
Net Debt	129.28M	224.01M	69.89M	120.07M	145.07M

Cash Flow

Currency: TWD	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-28.22M	-86.58M	-100.05M	-86.47M	-36.11M
Capital Expenditure	2.08M	2.50M	2.41M	6.83M	1.90M
Free Cash Flow	-30.30M	-89.09M	-102.46M	-93.30M	-38.01M
FCF to OCF	107.38%	102.89%	102.41%	107.90%	105.26%

Earnings

Report Date	May 13, 2014	Aug 12, 2019	Nov 7, 2019	Mar 30, 2020	May 15, 2023	Aug 11, 2023	Nov 13, 2023	Mar 14, 2024
EPS Estimate	-0.19	-0.03	-0.02	-	0.23	0.29	0.16	-
EPS Actual	-0.47	-0.14	-0.13	-0.22	0.16	0.24	-0.25	-0.14
Surprise	-147.37%	-366.67%	-550.00%	-	-30.43%	-17.24%	-256.25%	-
Timing	Pre-market	After-hours	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap2.17B

Enterprise Value2.27B

Trailing P/E41.93

Forward P/E0.00

Price / Sales2.92

Price / Book4.20

EPS0.83

Book Value7.75

Revenue (TTM)741.36M

Gross Profit (TTM)184.09M

EBITDA67.92M

Profit Margin6.95%

Operating Margin-5.98%

Return on Equity9.96%

Return on Assets2.36%

Shares Outstanding62.28M

Shares Float50.98M

Beta0.90

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%