Changing Information Technology Inc.

8272 · TWO · Technology / Software - Infrastructure

109.00TWD+9.50 (+9.55%)

Price History

Full chart

Market Stats

Previous Close99.50

Open103.50

Day Range99.80 – 109.00

52-Week Range60.60 – 90.69

Volume1.07M

Market Cap1.18B

P/E (TTM)13.69

Forward P/E0.00

EPS4.53

Dividend Yield4.52%

50-Day Avg64.18

200-Day Avg71.42

About

Changing Information Technology Inc. provides digital authentication and cybersecurity solutions. The company offers zero-trust digital authentication systems, Fintech security solutions, and digital transformation applications. The company is headquartered in Hsinchu City, Taiwan.

Company Details

SectorTechnology
IndustrySoftware - Infrastructure
Employees0
Headquarters48 Park Ave.2, Hsinchu City, Taiwan, 30844, Taiwan
Websitehttps://www.changingtec.com/EN/

Financials

Income Statement

Currency: TWD	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	381.17M	420.71M	421.77M	412.79M	478.24M
Growth (%)	-	+10.38%	+0.25%	-2.13%	+15.86%
Cost of Revenue	101.40M	96.09M	97.21M	99.76M	121.68M
Gross Profit	279.77M	324.62M	324.56M	313.03M	356.56M
Gross Margin	73.40%	77.16%	76.95%	75.83%	74.56%
Operating Expense	193.55M	222.16M	230.22M	230.26M	254.01M
Operating Income	86.21M	102.46M	94.34M	82.77M	102.56M
Operating Margin	22.62%	24.35%	22.37%	20.05%	21.44%
EBITDA	-	112.65M	109.56M	96.78M	117.74M
EBITDA Margin	-	26.78%	25.98%	23.44%	24.62%
Net Income	67.72M	82.85M	81.40M	70.88M	88.46M
Net Income Margin	17.77%	19.69%	19.30%	17.17%	18.50%
R&D	78.90M	79.89M	85.66M	89.91M	107.18M
R&D as % of Total Revenue	20.70%	18.99%	20.31%	21.78%	22.41%
Interest Expense	652.00K	457.00K	248.00K	201.00K	301.00K
Interest Expense % of Total Revenue	0.17%	0.11%	0.06%	0.05%	0.06%

Balance Sheet

Currency: TWD	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	477.15M	579.91M	626.90M	788.53M	859.97M
Total Liabilities	167.26M	210.89M	216.47M	215.53M	244.09M
Total Equity	309.89M	369.02M	410.44M	573.00M	615.88M
Cash	178.22M	178.37M	113.27M	194.43M	154.57M

Cash Flow

Currency: TWD	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	115.91M	116.81M	71.98M	111.04M	128.76M
Capital Expenditure	2.67M	2.27M	1.72M	3.20M	1.97M
Free Cash Flow	113.24M	114.53M	70.26M	107.84M	126.78M
Dividends Paid	21.09M	41.62M	53.11M	49.36M	45.59M
FCF to OCF	97.69%	98.05%	97.61%	97.12%	98.47%
Dividend Paid to FCF	18.62%	36.34%	75.60%	45.77%	35.96%

Key Statistics & Ratios

Market Cap1.18B

Enterprise Value520.83M

Trailing P/E13.69

Forward P/E0.00

Price / Sales2.59

Price / Book2.09

EPS4.53

Revenue (TTM)0

Gross Profit (TTM)0

Profit Margin0.00%

Operating Margin0.00%

Return on Equity0.00%

Return on Assets0.00%

Shares Outstanding19.00M

Shares Float0

Dividend Yield4.52%

Dividend Rate2.80

Payout Ratio114.79%

Dividends

20261×

2.80Jun 29, 2026

20251×

2.40Jul 31, 2025

20241×

2.87Aug 7, 2024