Changs Ascending Enterprise Co., Ltd.(TW:8038)
NT$27.80-0.30 (-1.07%)
TW:8038
Changs Ascending Enterprise Co., Ltd. financials statements
NT$27.80
At close:-0.30 (-1.07%)
Changs Ascending Enterprise Co., Ltd. (8038) Ratios
Changs Ascending Enterprise Co., Ltd. Ratios
TW:8038's free cash flow for Q2 2026 was NT$103.51M. For the 2026 fiscal year, TW:8038's free cash flow was decreased by NT$-205.00K and operating cash flow was NT$103.71M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.25 | 1.20 | 1.43 | 1.93 | 5.63 |
| Quick Ratio | 0.92 | 0.89 | 1.07 | 1.53 | 3.81 |
| Cash Ratio | 0.50 | 0.51 | 0.71 | 0.64 | 2.69 |
| Solvency Ratio | 0.11 | -0.11 | 0.05 | 0.01 | -0.16 |
| Operating Cash Flow Ratio | -0.06 | -0.23 | -0.30 | -0.40 | -0.46 |
| Short-Term Operating Cash Flow Coverage | -0.08 | -0.28 | -0.32 | -0.48 | -0.71 |
| Net Current Asset Value | NT$ -71.60M | NT$ -148.86M | NT$ -80.80M | NT$ -209.59M | NT$ -202.80M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.50 | 0.50 | 0.48 | 0.55 | 0.51 |
| Debt-to-Equity Ratio | 1.42 | 1.32 | 1.07 | 1.48 | 1.25 |
| Debt-to-Capital Ratio | 0.59 | 0.57 | 0.52 | 0.60 | 0.56 |
| Long-Term Debt-to-Capital Ratio | 0.00 | 0.00 | 0.00 | 0.31 | 0.38 |
| Financial Leverage Ratio | 2.87 | 2.66 | 2.25 | 2.71 | 2.45 |
| Debt Service Coverage Ratio | 0.20 | -0.19 | 0.14 | 0.06 | -1.61 |
| Interest Coverage Ratio | 3.41 | -9.54 | 0.19 | -1.87 | -12.36 |
| Debt to Market Cap | 0.16 | 0.18 | 0.14 | 0.16 | 0.12 |
| Interest Debt Per Share | 12.06 | 8.77 | 8.82 | 10.14 | 8.93 |
| Net Debt to EBITDA | 3.96 | -5.70 | 6.69 | 36.65 | -4.24 |
| Profitability Margins | |||||
| Gross Profit Margin | 28.87% | 3.65% | 26.82% | 23.93% | -39.92% |
| EBIT Margin | 10.84% | -50.95% | 4.49% | -8.34% | -176.97% |
| EBITDA Margin | 15.44% | -34.10% | 13.19% | 5.95% | -127.53% |
| Operating Profit Margin | 7.71% | -60.83% | 0.75% | -10.01% | -175.48% |
| Pretax Profit Margin | 8.58% | -57.33% | 0.56% | -13.69% | -191.17% |
| Net Profit Margin | 9.57% | -54.44% | 0.00% | -11.79% | -182.98% |
| Continuous Operations Profit Margin | 8.58% | -57.33% | 0.56% | -13.69% | -191.17% |
| Net Income Per EBT | 111.50% | 94.95% | 0.43% | 86.16% | 95.72% |
| EBT Per EBIT | 111.25% | 94.25% | 74.44% | 136.78% | 108.94% |
| Return on Assets (ROA) | 4.31% | -8.95% | 0.00% | -2.27% | -11.82% |
| Return on Equity (ROE) | 12.37% | -23.78% | 0.00% | -6.15% | -28.90% |
| Return on Capital Employed (ROCE) | 6.20% | -15.39% | 0.32% | -2.41% | -12.06% |
| Return on Invested Capital (ROIC) | 3.88% | -10.59% | 0.23% | -1.98% | -11.04% |
| Return on Tangible Assets | 4.41% | -9.23% | 0.00% | -2.35% | -12.27% |
| Earnings Yield | 2.14% | -5.66% | 0.00% | -1.11% | -4.75% |
| Efficiency Ratios | |||||
| Receivables Turnover | 2.91 | 1.62 | 3.92 | 1.56 | 3.81 |
| Payables Turnover | 4.49 | 5.13 | 46.26 | 12.88 | 36.13 |
| Inventory Turnover | 2.19 | 1.45 | 1.99 | 1.83 | 0.83 |
| Fixed Asset Turnover | 1.06 | 0.30 | 0.56 | 0.33 | 0.10 |
| Asset Turnover | 0.45 | 0.16 | 0.30 | 0.19 | 0.06 |
| Working Capital Turnover Ratio | 5.39 | 1.59 | 1.92 | 0.86 | 0.20 |
| Cash Conversion Cycle | 210.95 | 406.50 | 268.65 | 404.81 | 524.29 |
| Days of Sales Outstanding | 125.59 | 225.11 | 93.03 | 234.01 | 95.77 |
| Days of Inventory Outstanding | 166.59 | 252.50 | 183.51 | 199.15 | 438.63 |
| Days of Payables Outstanding | 81.23 | 71.10 | 7.89 | 28.35 | 10.10 |
| Operating Cycle | 292.18 | 477.60 | 276.54 | 433.16 | 534.40 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | -0.65 | -1.39 | -1.61 | -1.46 | -0.47 |
| Free Cash Flow Per Share | -0.68 | -1.50 | -1.65 | -1.50 | -0.51 |
| Dividend Paid and CapEx Coverage Ratio | -19.01 | -12.66 | -41.46 | -34.56 | -13.55 |
| Capital Expenditure Coverage Ratio | -19.01 | -12.66 | -41.46 | -34.56 | -13.55 |
| Operating Cash Flow Coverage Ratio | -0.05 | -0.16 | -0.19 | -0.15 | -0.05 |
| Operating Cash Flow to Sales Ratio | -0.06 | -0.49 | -0.30 | -0.42 | -0.43 |
| Free Cash Flow Yield | -1.43% | -5.49% | -4.46% | -4.04% | -1.19% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 52.01 | -17.73 | 369000.00 | -90.85 | -21.03 |
| Price-to-Sales (P/S) Ratio | 4.46 | 9.62 | 6.90 | 10.64 | 38.49 |
| Price-to-Book (P/B) Ratio | 5.77 | 4.20 | 4.61 | 5.55 | 6.08 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -70.08 | -18.22 | -22.43 | -24.77 | -84.22 |
| Price-to-Operating Cash Flow Ratio | -73.77 | -19.66 | -22.97 | -25.49 | -90.44 |
| Price-to-Earnings Growth (PEG) Ratio | -0.33 | 0.00 | -3689.10 | 1.14 | -0.20 |
| Enterprise Value Multiple | 32.86 | -33.92 | 59.01 | 215.42 | -34.43 |
| Enterprise Value | 3.03B | 2.04B | 2.59B | 2.66B | 2.91B |
| EV to EBITDA | 32.86 | -33.92 | 59.01 | 215.42 | -34.43 |
| EV to Sales | 5.07 | 11.57 | 7.78 | 12.82 | 43.90 |
| EV to Free Cash Flow | -79.67 | -21.90 | -25.30 | -29.85 | -96.06 |
| EV to Operating Cash Flow | -83.86 | -23.64 | -25.91 | -30.72 | -103.15 |
| Tangible Book Value Per Share | 8.89 | 7.09 | 8.36 | 7.02 | 7.37 |
| Shareholders’ Equity Per Share | 8.30 | 6.49 | 8.01 | 6.71 | 7.02 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 |
| Revenue Per Share | 10.72 | 2.84 | 5.35 | 3.50 | 1.11 |
| Net Income Per Share | 1.03 | -1.54 | 0.00 | -0.41 | -2.03 |
| Tax Burden | 1.12 | 0.95 | 0.00 | 0.86 | 0.96 |
| Interest Burden | 0.79 | 1.13 | 0.12 | 1.64 | 1.08 |
| Research & Development to Revenue | 0.05 | 0.25 | 0.07 | 0.15 | 0.56 |
| SG&A to Revenue | 0.15 | 0.40 | 0.18 | 0.24 | 0.84 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.01 | 0.00 | 0.02 |
| Income Quality | -0.71 | 0.85 | -12506.13 | 3.05 | 0.22 |
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