GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
C

Changs Ascending Enterprise Co 8038.TWO · TWD

Industrials · Taipei Exchange · 🇹🇼 Taiwan

Compare

28.45

+2.34%

Close of 9 Nov 2026, in TWD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

About Changs Ascending Enterprise Co

Its shares trade on Taipei Exchange under the ticker 8038.TWO. It has been listed since 14 January 2003. In the fiscal year to 31 December 2025, it reported revenue of TWD 596.9m and net income of TWD 57.1m. At that date it held total assets of TWD 1.32bn and shareholders' equity of TWD 461.7m.

Changs Ascending Enterprise Co., Ltd. engages in the research, development and manufacture of cathode materials for lithium batteries. The company is headquartered in Taichung, Taichung. The company went IPO on 2003-01-14. The firm primarily offers lithium iron phosphate oxide cathode materials, uninterruptible power supply (UPS) devices, as well as lithium-iron assembled batteries, among others. In addition, the Company is involved in the provision of battery related technical services, sale of chargers and raw materials, as well as leasing. Its products are applied in the robots, golf cars, solar light emitting diode (LED), power tools, lawn mowers, lighting systems, home appliances and others. The firm distributes its products within the domestic market and to overseas markets, including the rest of Asia.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Industrials
Industry
Electrical Equipment
Listed since
14 Jan 2003
Employees
18
Website
caec.com.tw ↗

Leadership

Pay as last reported

  • Ms. Hsiu Yu Chang-LeeChairman of the Board, since 2000TWD 1.5m
  • Mr. Dunjie ZhangGeneral Manager, since 2000TWD 2.4m
  • Mr. Qinglian LanDeputy General Manager
  • Fengmei PanDeputy General Manager-Business
  • Zhenhong QiuExecutive Deputy General Manager
  • Shuofeng ZhangDeputy General Manager
  • Taifeng ChenHead of Finance & Accounting
  • Mr. Yi-Ta LeeDirector
  • Sixiang ZhangDirector
  • Mr. Bao'an YangIndependent Director
  • Mr. Ji'an ZhuangIndependent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Changs Ascending Enterprise Co Ltd offers lithium iron phosphate oxide cathode materials as a core product.
  • The company distributes products domestically in Taiwan and to overseas markets in Asia.
  • Changs Ascending Enterprise Co Ltd has a website at http://www.caec.com.tw/ for customer access.

Weaknesses

  • The company has only 18 employees, indicating a small operational scale.
  • Changs Ascending Enterprise Co Ltd is listed on the TAIPEI EXCHANGE with ticker 8038.TWO.
  • The company's IPO occurred on January 14, 2003, showing a long-standing market presence.

Opportunities

  • The company's products are applied in emerging sectors like robots and solar LED lighting.
  • Changs Ascending Enterprise Co Ltd provides battery-related technical services, which could expand market reach.
  • The firm's focus on lithium-iron assembled batteries aligns with growing demand for energy storage solutions.

Threats

  • The company's primary market is limited to Taiwan and Asia, restricting global expansion.
  • Changs Ascending Enterprise Co Ltd's product line is constrained to specific applications like golf cars and power tools.
  • The company's small employee count of 18 may limit its ability to compete in a rapidly evolving industry.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.