company background image
8038 logo

Changs Ascending Enterprise TPEX:8038 Stock Report

Last Price

NT$26.10

Market Cap

NT$1.6b

7D

-5.4%

1Y

-19.2%

Updated

12 Feb, 2025

Data

Company Financials

Changs Ascending Enterprise Co., Ltd.

TPEX:8038 Stock Report

Market Cap: NT$1.6b

8038 Stock Overview

Engages in the research and development, manufacturing, and sale of lithium-iron batteries and its materials in Taiwan. More details

8038 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Changs Ascending Enterprise Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Changs Ascending Enterprise
Historical stock prices
Current Share PriceNT$26.10
52 Week HighNT$34.30
52 Week LowNT$22.30
Beta0.99
1 Month Change-0.95%
3 Month Change-2.61%
1 Year Change-19.20%
3 Year Change-37.11%
5 Year Change-33.84%
Change since IPO155.88%

Recent News & Updates

Recent updates

We Think Changs Ascending Enterprise (GTSM:8038) Has A Fair Chunk Of Debt

Feb 24
We Think Changs Ascending Enterprise (GTSM:8038) Has A Fair Chunk Of Debt

Changs Ascending Enterprise's(GTSM:8038) Share Price Is Down 11% Over The Past Five Years.

Dec 31
Changs Ascending Enterprise's(GTSM:8038) Share Price Is Down 11% Over The Past Five Years.

Shareholder Returns

8038TW ElectricalTW Market
7D-5.4%3.7%2.6%
1Y-19.2%16.8%26.5%

Return vs Industry: 8038 underperformed the TW Electrical industry which returned 16.8% over the past year.

Return vs Market: 8038 underperformed the TW Market which returned 26.5% over the past year.

Price Volatility

Is 8038's price volatile compared to industry and market?
8038 volatility
8038 Average Weekly Movement7.3%
Electrical Industry Average Movement4.5%
Market Average Movement4.5%
10% most volatile stocks in TW Market8.0%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 8038's share price has been volatile over the past 3 months compared to the TW market.

Volatility Over Time: 8038's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of TW stocks.

About the Company

FoundedEmployeesCEOWebsite
1997n/aDonny Changwww.caec.com.tw

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.

Changs Ascending Enterprise Co., Ltd. Fundamentals Summary

How do Changs Ascending Enterprise's earnings and revenue compare to its market cap?
8038 fundamental statistics
Market capNT$1.63b
Earnings (TTM)-NT$87.14m
Revenue (TTM)NT$149.80m

10.9x

P/S Ratio

-18.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8038 income statement (TTM)
RevenueNT$149.80m
Cost of RevenueNT$137.88m
Gross ProfitNT$11.92m
Other ExpensesNT$99.06m
Earnings-NT$87.14m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.40
Gross Margin7.96%
Net Profit Margin-58.17%
Debt/Equity Ratio51.7%

How did 8038 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/12 09:23
End of Day Share Price 2025/02/12 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Changs Ascending Enterprise Co., Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sheng-Kuo ShihJih Sun Securities Investment Consulting Co., Ltd.
Alice SuMasterlink Securities Corp.