Changs Ascending Enterprise Co., Ltd. engages in the research and development, manufacture, and sale of high performance rechargeable batteries and cell materials in Taiwan.
The last earnings update was 5 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Changs Ascending Enterprise. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Changs Ascending Enterprise's
is considered below, and whether this is a fair price.
Price based on past earnings
Changs Ascending Enterprise's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Changs Ascending Enterprise has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Electrical industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Changs Ascending Enterprise
expected to grow at an
Unable to compare Changs Ascending Enterprise's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Changs Ascending Enterprise's earnings growth to the Taiwan, Province of China market average as no estimate data is available.
Unable to compare Changs Ascending Enterprise's revenue growth to the Taiwan, Province of China market average as no estimate data is available.
Unable to determine if Changs Ascending Enterprise is high growth as no earnings estimate data is available.
Unable to determine if Changs Ascending Enterprise is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Changs Ascending Enterprise's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Changs Ascending Enterprise
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Changs Ascending Enterprise's finances.
The net worth of a company is the difference between its assets and liabilities.
Changs Ascending Enterprise is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Changs Ascending Enterprise's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Changs Ascending Enterprise's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 2x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
Mr. C. Y. Chang, also known as Donny, MBA serves as Chief Executive Officer at Changs Ascending Enterprise Co., Ltd. Mr. Chang has over 20 years experience in research and development of cathode / battery materials Thompson University USA.
Insufficient data for Donny to compare compensation growth.
Insufficient data for Donny to establish whether their remuneration is reasonable compared to companies of similar size in Taiwan, Province of China.
Chief Executive Officer
Chief Financial Officer
Board of Directors
Chun Yu Chan
Chun Jei Chang
An Yang Po
Hua Liu Kuo
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Changs Ascending Enterprise Co., Ltd. engages in the research and development, manufacture, and sale of high performance 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., Ltd. and changed its name to Changs Ascending Enterprise Co., Ltd. in July 2000. Changs Ascending Enterprise Co., Ltd. was founded in 1997 and is based in Taichung, Taiwan.
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