Changs Ascending Enterprise Co., Ltd.

Changs Ascending Enterprise Co., Ltd.verified

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

The Current Ratio as of December 2025 (TTM) for Changs Ascending Enterprise Co., Ltd. (8038.TWO) is 1.21

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.

Changs Ascending Enterprise Co., Ltd. (8038.TWO) Historical Current Ratio (quarterly & annually)

How has 8038.TWO Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

3.11

Median

1.68

Minimum

0

Maximum

8.46

Changs Ascending Enterprise Co., Ltd. (8038.TWO) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.20-16.14%
20231.43-25.92%
20221.93-65.62%
20215.63-33.46%
20208.46Infinity%

Changs Ascending Enterprise Co., Ltd. (8038.TWO) Average Current Ratio

How has 8038.TWO Current Ratio performed in the past?

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. (8038.TWO) Current Ratio vs. Peers

How is 8038.TWO’s Current Ratio compared to its peers?

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),

Build a custom stock screener for Changs Ascending Enterprise Co., Ltd. (8038.TWO) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Changs Ascending Enterprise Co., Ltd. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Changs Ascending Enterprise Co., Ltd. (8038.TWO) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Changs Ascending Enterprise Co., Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Changs Ascending Enterprise Co., Ltd.'s Current Ratio?

How is the Current Ratio calculated for Changs Ascending Enterprise Co., Ltd. (8038.TWO)?

What is the highest Current Ratio for Changs Ascending Enterprise Co., Ltd. (8038.TWO)?

What is the 3-year average Current Ratio for Changs Ascending Enterprise Co., Ltd. (8038.TWO)?

What is the 5-year average Current Ratio for Changs Ascending Enterprise Co., Ltd. (8038.TWO)?

How does the current Current Ratio for Changs Ascending Enterprise Co., Ltd. (8038.TWO) compare to its historical average?