What is Changs Ascending Enterprise Co., Ltd.'s (8038.TWO) StockRank?

MoatMap's StockRank for Changs Ascending Enterprise Co., Ltd. (8038.TWO) is 5/100, with a Strong Sell signal. This is a composite score combining Quality (42), Value (21), and Momentum (20) factor ranks across MoatMap's 20,000+ stock universe.

Does Changs Ascending Enterprise Co., Ltd. have an economic moat?

Changs Ascending Enterprise Co., Ltd. (8038.TWO) has a Quality factor score of 42/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Changs Ascending Enterprise Co., Ltd. a buy, hold, or sell?

MoatMap's current signal for Changs Ascending Enterprise Co., Ltd. (8038.TWO) is Strong Sell, based on a StockRank of 5/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Changs Ascending Enterprise Co., Ltd. in?

Changs Ascending Enterprise Co., Ltd. (8038.TWO) operates in the Industrials sector, specifically the Electrical Equipment & Parts industry (Taiwan).

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8038.TWO

STRONG SELLREMOVE

Changs Ascending Enterprise Co., Ltd. · Industrials · Taiwan · $81M · Avg Vol: $558K/d

StockRank

P/E (TTM)

45.0x

ROE

16.0%

D/E

1.2x

Dividend %

—

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

A micro-cap industrial machinery component supplier with low liquidity and weak financial metrics that fails to meet our quality filters.

COMPANY DESCRIPTION

Changs Ascending Enterprise Co., Ltd. develops and manufactures cathode materials for lithium-ion batteries, specializing in high-safety lithium iron phosphate (LFP) formulations. The company's competitive moat is built on its proprietary hydrothermal synthesis technology and an extensive global patent portfolio. Changs Ascending is positioned as a key niche material supplier to the electric vehicle (EV) and energy storage system (ESS) battery supply chains.

FINANCIAL SUMMARY (USD)

Year	2021	2022	2023	2024	2025	CAGR
Revenue	—	7M	11M	6M	19M	42.2%
EPS	—	-0.01	0.00	-0.05	0.03	8312.4%
Shares	—	60M	63M	63M	62M	+3.1%
Debt	8M	19M	17M	17M	21M	26.7%
Equity	—	13M	16M	13M	15M	5.1%
Op CF	—	-3M	-3M	-3M	-1M	—
Inv CF	—	-246,073	388,880	-339,270	-547,109	—
Fin CF	—	2M	6M	1M	5M	—

PRICE (1M)-8.1%

SMA 50SMA 200

$1.30

RSI (14)

49.1

52W High

$2.01

From 52W High

0.6%

SCORE BREAKDOWN

Quality

ROIC

8.7%54.6

ROE

16.0%79.2

GP/Assets

15.6%47.8

Op. Margin

10.1%61.0

FCF/Assets

-5.1%15.2

Piotroski

—13.5

Int. Cover

4.8x37.7

D/E Ratio

1.23x14.5

Current Ratio

1.29x29.4

Value

P/E (TTM)

45.0x21.8

EV/EBITDA

29.3x16.2

P/FCF

—N/A

P/B

5.5x17.0

P/S

3.6x24.1

Div Yield

—N/A

Momentum

52W High %

65%24.7

RS 6M

-75%8.3

SMA 50/200

0.92x19.7

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—N/A

Q Growth

—N/A

FUNDAMENTALS

Market Cap

$81M

P/E (Forward)

—

Gross Margin

28.3%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 8038.TWO are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
8038.TWO	Changs Ascending Enterprise Co., Ltd.(you)	$81M	5	STRONG SELL
6835.TW	Complex Micro Interconnection Co.,Ltd.	$82M	10	STRONG SELL
3058.TW	Leader Electronics Inc.	$54M	5	STRONG SELL
2438.TW	Enlight Corporation	$61M	2	STRONG SELL
3323.TWO	Celxpert Energy Corporation	$120M	8	STRONG SELL
6558.TW	SYNergy ScienTech Corp.	$97M	13	STRONG SELL
2440.TW	Space Shuttle Hi-Tech Co., Ltd.	$78M	19	STRONG SELL
3092.TW	Hotron Precision Electronic Industrial Co.,Ltd.	$99M	19	STRONG SELL
5227.TWO	Advanced Lithium Electrochemistry (Cayman) Co., Ltd.	$53M	16	STRONG SELL
3002.TW	AHOKU Electronic Company	$58M	22	SELL

Peer medians: ROE 8.5% · P/E 21.4x · Gross margin 23.4%

Changs Ascending Enterprise Co., Ltd. (8038.TWO) — Stock Score Summary

Changs Ascending Enterprise Co., Ltd. (8038.TWO) has a MoatMap StockRank of 5/100 based on Quality (42/100), Value (21/100), and Momentum (20/100) factor scores. The current signal is STRONG SELL. A micro-cap industrial machinery component supplier with low liquidity and weak financial metrics that fails to meet our quality filters.

Key Financial Metrics

Price	$1.30
Market Cap	$81M
P/E (TTM)	45.00
Price/Book	5.51
Return on Equity	16.0%
Return on Invested Capital	8.7%
Debt/Equity	122.66
Gross Margin	28.3%
Operating Margin	10.1%
Revenue Growth	332.9%
Free Cash Flow	$-68K

Changs Ascending Enterprise Co., Ltd. operates in the Electrical Equipment & Parts industry, part of the Industrials sector (Taiwan).

Frequently Asked Questions

What is Changs Ascending Enterprise Co., Ltd.’s (8038.TWO) StockRank?: MoatMap’s StockRank for Changs Ascending Enterprise Co., Ltd. (8038.TWO) is 5/100, with a Strong Sell signal. It is a composite of Quality (42), Value (21), and Momentum (20) factor ranks across MoatMap’s 20,000+ stock universe.
Does Changs Ascending Enterprise Co., Ltd. have an economic moat?: Changs Ascending Enterprise Co., Ltd. (8038.TWO) has a Quality factor score of 42/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Changs Ascending Enterprise Co., Ltd. a buy, hold, or sell?: MoatMap’s current signal for Changs Ascending Enterprise Co., Ltd. (8038.TWO) is Strong Sell, based on a StockRank of 5/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Changs Ascending Enterprise Co., Ltd. in?: Changs Ascending Enterprise Co., Ltd. (8038.TWO) operates in the Industrials sector, specifically the Electrical Equipment & Parts industry (Taiwan).