Changs Ascending Enterprise Co (ROCO:8038) Net Margin %: 3.63% (As of Dec. 2025)

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ROCO:8038 Changs Ascending Enterprise Co Ltd ROCO:8038
60 GF Score
Price NT$38.55
GF Value NT$92.34
Valuation Possible Value Trap
! 8 Warning Signs
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What is Changs Ascending Enterprise Co Net Margin %?

Changs Ascending Enterprise Co ROCO:8038 +0.92% 60 Net Margin % is 3.63% as of Dec. 2025. GuruFocus rates ROCO:8038 with a GF Score™ of 60/100 and a GF Value™ of NT$92.34 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 3,032 Industrial Products companies, Changs Ascending Enterprise Co ranks better than 73.58% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Changs Ascending Enterprise Co's Net Income for the three months ended in Dec. 2025 was NT$6.8 Mil. Changs Ascending Enterprise Co's Revenue for the three months ended in Dec. 2025 was NT$185.9 Mil. Therefore, Changs Ascending Enterprise Co's net margin for the quarter that ended in Dec. 2025 was 3.63%.

The historical rank and industry rank for Changs Ascending Enterprise Co's Net Margin % or its related term are showing as below:

ROCO:8038' s Net Margin % Range Over the Past 10 Years
Min: -947.43   Med: -40.87   Max: 9.57
Current: 9.57


ROCO:8038's Net Margin % is ranked better than
73.58% of 3032 companies
in the Industrial Products industry
Industry Median: 4.49 vs ROCO:8038: 9.57

Changs Ascending Enterprise Co  (ROCO:8038) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Changs Ascending Enterprise Co Net Margin % Related Terms


Changs Ascending Enterprise Co Net Margin % Historical Data

* Premium members only.

The historical data trend for Changs Ascending Enterprise Co's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Changs Ascending Enterprise Co Net Margin % Chart

Changs Ascending Enterprise Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -182.98 -11.79 0.00 -54.44 9.57

Changs Ascending Enterprise Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -19.54 -29.75 11.61 20.38 3.63

ROCO:8038 vs VRT, BE: Net Margin % Comparison

For the Electrical Equipment & Parts subindustry, Changs Ascending Enterprise Co's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Changs Ascending Enterprise Co Net Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changs Ascending Enterprise Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Changs Ascending Enterprise Co's Net Margin % falls into.


ROCO:8038
60GF Score
Changs Ascending Enterprise Co Ltd ROCO:8038
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Changs Ascending Enterprise Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Changs Ascending Enterprise Co's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=57.101/596.929
=9.57 %

Changs Ascending Enterprise Co's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=6.752/185.895
=3.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 3.63% mean?
Changs Ascending Enterprise Co (ROCO:8038) has a Net Margin % of 3.63% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Changs Ascending Enterprise Co and its competitors. According to the industry distribution chart, Changs Ascending Enterprise Co ranks #801 out of 3032 companies in the Industrial Products industry, placing it in the top 26.4%.
Is Changs Ascending Enterprise Co's Net Margin % too high?
Changs Ascending Enterprise Co's current Net Margin % is 3.63%. The Industrial Products industry median Net Margin % is 4.49. Changs Ascending Enterprise Co's value of 3.63% is 19.2% below this industry median. Based on the distribution chart, Changs Ascending Enterprise Co ranks #801 out of 3032 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Changs Ascending Enterprise Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Changs Ascending Enterprise Co's Net Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Changs Ascending Enterprise Co ranks #801 out of 3032 companies for Net Margin %. This puts Changs Ascending Enterprise Co in the upper half of its industry. The industry median Net Margin % is 4.49. Changs Ascending Enterprise Co's value of 3.63% is 19.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.49, based on 3,032 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Changs Ascending Enterprise Co's current Net Margin % of 3.63% is 19.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Changs Ascending Enterprise Co and its competitors. For the Industrial Products industry, the median Net Margin % is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changs Ascending Enterprise Co's current Net Margin % is 3.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changs Ascending Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Changs Ascending Enterprise Co (ROCO:8038) is currently considered Possible Value Trap. The stock's GF Value™ is NT$92.34, compared to a current price of NT$38.55 — trading 58.3% below its estimated fair value. The current Net Margin % is 3.63% and 19.2% below the Industrial Products industry median of 4.49. Changs Ascending Enterprise Co's overall GF Score™ is 60/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Changs Ascending Enterprise Co (ROCO:8038), the current Net Margin % is 3.63% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Changs Ascending Enterprise Co (ROCO:8038) Overvalued in 2026?

Based on GuruFocus' analysis, Changs Ascending Enterprise Co stock appears to be undervalued. The current stock price of NT$38.55 is trading 58.3% below its estimated GF Value™ of NT$92.34. GuruFocus considers Changs Ascending Enterprise Co to be Possible Value Trap.

Key valuation signals for ROCO:8038:

  • Net Margin %: 3.63%
  • GF Value™: NT$92.34 vs. price of NT$38.55 (58.3% below fair value)
  • GF Score™: 60/100 with 8 warning signs
  • Industry Position: 19.2% below the Industrial Products median (#801 of 3032)

No single metric tells the full story. See the ROCO:8038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changs Ascending Enterprise Co Business Description

Address No. 9 Keya East Road, Central Science Park, Xitun District, Taichung, TWN
Changs Ascending Enterprise Co Ltd is engaged in the manufacturing, research, and development of lithium-iron batteries and its materials, as well as technology transfer and leasing, and sales of battery modules. The company derives maximum revenue from Lithium-iron battery modules.
60GF Score

Get the complete analysis for ROCO:8038

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$38.55
Price
NT$92.34
GF Value