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Changs Ascending Enterprise Co Ltd 8038

Morningstar Rating
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

8038 is trading at a 20% discount.
Price
TWD 29.72
Fair Value
TWD 13.36
Uncertainty
Very High
1-Star Price
TWD 65.83
5-Star Price
TWD 35.66
Economic Moat
Hqbd
Capital Allocation
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Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
975.05
Price/Sales
5.45
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Changs Ascending Enterprise Co Ltd researches, develops and provide sustainable energy storage products. Its products are used in electronic storage systems, uninterruptible power supplies, smart grids, e-vehicles, forklifts, starter batteries, LED lighting and portable power units.
Sector
Industrials
Industry
Electrical Equipment & Parts
Stock Style Box
Small Growth
Total Number of Employees
47

Comparables

Valuation

Metric
8038
6940
6781
Price/Earnings (Normalized)
975.0525.44
Price/Book Value
3.733.944.08
Price/Sales
5.45185.035.26
Price/Cash Flow
50.5326.54
Price/Earnings
8038
6940
6781

Financial Strength

Metric
8038
6940
6781
Quick Ratio
0.992.241.22
Current Ratio
1.433.862.61
Interest Coverage
1.00−14.4325.86
Quick Ratio
8038
6940
6781

Profitability

Metric
8038
6940
6781
Return on Assets (Normalized)
0.33%−11.56%10.52%
Return on Equity (Normalized)
0.79%−22.37%16.15%
Return on Invested Capital (Normalized)
1.38%−11.16%12.45%
Return on Assets
8038
6940
6781
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