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

Changing Information Technology 8272.TWO · TWD

N/A · Taipei Exchange · 🇹🇼 Taiwan

Compare

87.00

-1.47%

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.

At a glance

Figures in TWD, from our data supplier.

FY2025

Revenue

TWD 478.2m

FY2020FY2025

Net income

TWD 88.5m

FY2020FY2025

Free cash flow

TWD 126.8m

FY2020FY2025

Shareholders' equity

TWD 615.9m

FY2020FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020
RevenueTWD 478.2mTWD 412.8mTWD 421.8mTWD 420.7mTWD 381.2mTWD 337.9m
Gross profitTWD 356.6mTWD 313.0mTWD 324.6mTWD 324.6mTWD 279.8mTWD 225.6m
Research and developmentTWD 107.2mTWD 89.9mTWD 85.7mTWD 79.9mTWD 78.9mTWD 59.1m
Operating incomeTWD 102.6mTWD 82.8mTWD 94.3mTWD 102.5mTWD 86.2mTWD 69.8m
Net incomeTWD 88.5mTWD 70.9mTWD 81.4mTWD 82.8mTWD 67.7mTWD 55.9m
Diluted earnings per share4.663.734.734.823.943.25

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020
Total assetsTWD 860.0mTWD 788.5mTWD 626.9mTWD 579.9mTWD 477.1mTWD 408.7m
Cash and short-term investments—————TWD 253.4m
Total liabilitiesTWD 244.1mTWD 215.5mTWD 216.5mTWD 210.9mTWD 167.3mTWD 155.1m
Debt—————TWD 16.6m
Shareholders' equityTWD 615.9mTWD 573.0mTWD 410.4mTWD 369.0mTWD 309.9mTWD 253.7m
Shares outstanding19m19m17m17m17m17m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020
Cash from operationsTWD 128.8mTWD 111.0mTWD 72.0mTWD 116.8mTWD 115.9mTWD 55.6m
Capital spending−TWD 2.0m−TWD 3.2m−TWD 1.7m−TWD 2.3m−TWD 2.7m−TWD 6.2m
Free cash flowTWD 126.8mTWD 107.8mTWD 70.3mTWD 114.5mTWD 113.2mTWD 49.4m
Dividends paid−TWD 45.6m−TWD 49.4m−TWD 53.1m−TWD 41.6m−TWD 21.1m—

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 120.3mTWD 80.0mTWD 161.2mTWD 118.9mTWD 121.3mTWD 76.7mTWD 155.6mTWD 94.6m
Gross profitTWD 88.9mTWD 60.0mTWD 125.5mTWD 82.0mTWD 95.0mTWD 54.0mTWD 125.8mTWD 68.8m
Operating incomeTWD 24.1mTWD 6.6mTWD 46.8mTWD 20.9mTWD 29.1mTWD 5.9mTWD 48.0mTWD 15.0m
Net incomeTWD 20.1mTWD 7.4mTWD 41.0mTWD 18.5mTWD 24.2mTWD 4.8mTWD 39.8mTWD 12.7m
Diluted earnings per share1.060.392.160.981.270.252.090.74
Cash from operationsTWD 13.0m−TWD 17.0mTWD 73.0mTWD 22.0mTWD 22.0mTWD 10.0mTWD 70.0mTWD 5.0m
Capital spending−TWD 1.0m———————
Free cash flowTWD 12.0m———————
Total assetsTWD 853.1mTWD 814.5mTWD 860.0mTWD 779.9mTWD 801.3mTWD 735.9mTWD 788.5mTWD 552.5m
Shareholders' equityTWD 590.2mTWD 623.3mTWD 615.9mTWD 574.9mTWD 556.4mTWD 577.8mTWD 573.0mTWD 392.2m

Financial ratios

Data as of 3 Nov 2026

FY2025FY2024FY2023FY2022FY2021
Gross margin74.6%75.8%77.0%77.2%73.4%
Operating margin23.0%21.6%24.3%25.0%22.6%
Net margin18.5%17.2%19.3%19.7%17.8%
Return on equity14.4%12.4%19.8%22.5%21.9%
Return on assets10.3%9.0%13.0%14.3%14.2%
Revenue growth15.9%-2.1%0.3%10.4%—
Earnings growth24.8%-12.9%-1.7%22.3%—
Current ratio3.50x3.66x2.87x2.75x2.88x
Equity ratio71.6%72.7%65.5%63.6%64.9%
Interest coverage364.99x444.52x412.51x230.03x132.23x
R&D as a share of sales22.4%21.8%20.3%19.0%20.7%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue4.4%7.2%—
Operating income0.0%8.0%—
Net income2.2%9.6%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin75.1%76.1%74.4%—
Operating margin20.8%22.0%21.9%—
Net margin17.9%18.7%18.2%—

Valuation history

At each fiscal year end

FY2025FY2024FY2023
Price to earnings17.128.417.0
Price to sales3.14.93.3

Dividends and splits

Per share, in the currency the company pays

Paid for 2 years. Last went ex-dividend on 31 Jul 2025.

FY2025FY2024
Paid in the year2.402.87

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.