8038.TWO
Price:
$44.9
Market Cap:
$2.80B
Changs Ascending Enterprise Co., Ltd. engages in the research and development, manufacture, and sale of rechargeable batteries and cell materials in Taiwan. The company offers vehicle batteries, including starter batteries for golf carts, forklifts, and hybrids and E-cars; and electronic storage systems (ESS) and uninterruptible power supply (UPS) systems for use in office and home applications, ESS UPC backup power, off the grid applications, and solar LED lights. It also provides grid and industrial ESS/UPS energy storage and back-up systems for large UPS, micro grid ESS, mission critical UPS, and traffic light back-up applications. The company was formerly known as Changs Enterprise Co., ...[Read more]
Industry
Electrical Equipment & Parts
IPO Date
2007-12-31
Stock Exchange
TWO
Ticker
8038.TWO
According to Changs Ascending Enterprise Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.21. This represents a change of -1.16% compared to the average of 1.22 of the last 4 quarters.
The mean historical Current Ratio of Changs Ascending Enterprise Co., Ltd. over the last ten years is 3.11. The current 1.21 Current Ratio has changed 3.78% with respect to the historical average. Over the past ten years (40 quarters), 8038.TWO's Current Ratio was at its highest in in the June 2023 quarter at 2.64. The Current Ratio was at its lowest in in the March 2025 quarter at 1.19.
Average
3.11
Median
1.68
Minimum
0
Maximum
8.46
Discovering the peaks and valleys of Changs Ascending Enterprise Co., Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual Current Ratio = 8.46
Minimum Annual Increase = -65.62%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.20 | -16.14% |
| 2023 | 1.43 | -25.92% |
| 2022 | 1.93 | -65.62% |
| 2021 | 5.63 | -33.46% |
| 2020 | 8.46 | Infinity% |
The current Current Ratio of Changs Ascending Enterprise Co., Ltd. (8038.TWO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.52
5-year avg
3.73
10-year avg
3.11
Changs Ascending Enterprise Co., Ltd.’s Current Ratio is greater than C-Tech United Corp. (0.41), less than Podak Co., Ltd. (2.17), less than LFA Co., Ltd. (1.73), less than Adda Corporation (1.49), less than Neo-Neon Holdings Limited (7.00), less than Complex Micro Interconnection Co.,Ltd. (2.45), less than Arch Meter Corporation (1.71), less than I Jang Industrial Co.,Ltd. (1.81), less than XAC Automation Corporation (4.07), less than Tze Shin International Co. Ltd. (4.06),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.41 | $2.18B | |
| 2.17 | $2.77B | |
| 1.73 | $2.95B | |
| 1.49 | $2.44B | |
| 7.00 | $2.83B | |
| 2.45 | $2.59B | |
| 1.71 | $2.78B | |
| 1.81 | $2.82B | |
| 4.07 | $2.55B | |
| 4.06 | $2.87B |
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