Changs Ascending Enterprise Co., Ltd.
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
PE Ratio
[84.72]
ROE
[-6.77%]
Current Ratio
[1.21]
Dividend Yield
[0%]
Enterprise Value
[3.18B]
Dividend History
The ROE as of December 2025 (TTM) for Changs Ascending Enterprise Co., Ltd. (8038.TWO) is -6.77%
According to Changs Ascending Enterprise Co., Ltd.’s latest financial reports and current stock price. The company's current ROE is -6.77%. This represents a change of 297.39% compared to the average of -1.70% of the last 4 quarters.
Changs Ascending Enterprise Co., Ltd. (8038.TWO) Historical ROE (quarterly & annually)
How has 8038.TWO ROE performed in the past?
The mean historical ROE of Changs Ascending Enterprise Co., Ltd. over the last ten years is -11.64%. The current -6.77% ROE has changed -41.81% with respect to the historical average. Over the past ten years (40 quarters), 8038.TWO's ROE was at its highest in in the June 2025 quarter at 4.59%. The ROE was at its lowest in in the June 2024 quarter at -8.06%.
Average
-11.64%
Median
-8.57%
Minimum
-28.90%
Maximum
0.00%
Changs Ascending Enterprise Co., Ltd. (8038.TWO) ROE by Quarter and Year
Discovering the peaks and valleys of Changs Ascending Enterprise Co., Ltd. ROE, 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 = 162.74%
Maximum Annual ROE = 0.00%
Minimum Annual Increase = -Infinity%
Minimum Annual ROE = -28.90%
| Year | ROE | Change |
|---|---|---|
| 2024 | -23.78% | -1483009.26% |
| 2023 | 0.00% | -100.03% |
| 2022 | -6.15% | -78.72% |
| 2021 | -28.90% | 162.74% |
| 2020 | -11.00% | -Infinity% |
Changs Ascending Enterprise Co., Ltd. (8038.TWO) Average ROE
How has 8038.TWO ROE performed in the past?
The current ROE of Changs Ascending Enterprise Co., Ltd. (8038.TWO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-9.98%
5-year avg
-13.97%
10-year avg
-11.64%
Changs Ascending Enterprise Co., Ltd. (8038.TWO) ROE vs. Peers
How is 8038.TWO’s ROE compared to its peers?
Changs Ascending Enterprise Co., Ltd.’s ROE is greater than C-Tech United Corp. (-9.54%), less than Podak Co., Ltd. (6.26%), less than LFA Co., Ltd. (5.46%), less than Adda Corporation (7.01%), less than Neo-Neon Holdings Limited (1.90%), less than Complex Micro Interconnection Co.,Ltd. (9.46%), less than Arch Meter Corporation (15.72%), less than I Jang Industrial Co.,Ltd. (19.99%), less than XAC Automation Corporation (8.08%), greater than Tze Shin International Co. Ltd. (-1.50%),
| Company | ROE | Market cap |
|---|---|---|
| -9.54% | $2.18B | |
| 6.26% | $2.77B | |
| 5.46% | $2.95B | |
| 7.01% | $2.44B | |
| 1.90% | $2.83B | |
| 9.46% | $2.59B | |
| 15.72% | $2.78B | |
| 19.99% | $2.82B | |
| 8.08% | $2.55B | |
| -1.50% | $2.87B |
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