Changs Ascending Enterprise Co (ROCO:8038) OCF Yield %: -1.31 (As of Jul. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:8038 Changs Ascending Enterprise Co Ltd ROCO:8038
60 GF Score
Price NT$39.35
GF Value NT$92.34
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Changs Ascending Enterprise Co OCF Yield %?

Changs Ascending Enterprise Co ROCO:8038 +2.08% 60 OCF Yield % is -1.31 as of Jul. 16, 2026. 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 3,070 Industrial Products companies, Changs Ascending Enterprise Co ranks worse than 80.62% on this metric.

OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

As of today, Changs Ascending Enterprise Co's Trailing 12-Month Cash Flow from Operations is NT$-36.1 Mil, and Market Cap is NT$2,400.8 Mil. Therefore, Changs Ascending Enterprise Co's OCF Yield % for today is -1.31%.

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

ROCO:8038' s OCF Yield % Range Over the Past 10 Years
Min: -10.26   Med: -2.28   Max: 3.86
Current: -1.31


During the past 13 years, the highest OCF Yield % of Changs Ascending Enterprise Co was 3.86%. The lowest was -10.26%. And the median was -2.28%.

ROCO:8038's OCF Yield % is ranked worse than
80.62% of 3070 companies
in the Industrial Products industry
Industry Median: 3.06 vs ROCO:8038: -1.31

Changs Ascending Enterprise Co's OCF Margin % for the quarter that ended in Dec. 2025 was %.


Changs Ascending Enterprise Co OCF Yield % Explanation

Similar to Earnings Yield %, OCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high operating cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Changs Ascending Enterprise Co OCF Yield % Related Terms


Changs Ascending Enterprise Co OCF Yield % Historical Data

* Premium members only.

The historical data trend for Changs Ascending Enterprise Co's OCF Yield % 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 OCF Yield % Chart

Changs Ascending Enterprise Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.11 -3.89 -4.35 -5.09 -1.21

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
OCF Yield % 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 -9.57 -7.54 -6.46 -3.14 7.27

ROCO:8038 vs VRT, BE: OCF Yield % Comparison

For the Electrical Equipment & Parts subindustry, Changs Ascending Enterprise Co's OCF Yield %, along with its competitors' market caps and OCF Yield % 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 OCF Yield % vs Industrial Products Industry

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

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


ROCO:8038
60GF Score
Changs Ascending Enterprise Co Ltd ROCO:8038
OCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Changs Ascending Enterprise Co OCF Yield % Calculation

OCF Yield % is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

Changs Ascending Enterprise Co's OCF Yield % for the fiscal year that ended in Dec. 2025 is calculated as

OCF Yield %=Cash Flow from Operations / Market Cap
=-36.108 / 2980.0023
=-1.21%

Changs Ascending Enterprise Co's annualized OCF Yield % for the quarter that ended in Dec. 2025 is calculated as

OCF Yield %=Cash Flow from Operations * Annualized Factor / Market Cap
=54.168 * 4 / 2980.0023
=7.27%

* 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 OCF Yield % →
What does a OCF Yield % of -1.31 mean?
Changs Ascending Enterprise Co (ROCO:8038) has a OCF Yield % of -1.31 as of Jul. 16, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Changs Ascending Enterprise Co and its competitors. According to the industry distribution chart, Changs Ascending Enterprise Co ranks #2475 out of 3070 companies in the Industrial Products industry, placing it in the top 80.6%.
Is Changs Ascending Enterprise Co's OCF Yield % too high?
Changs Ascending Enterprise Co's current OCF Yield % is -1.31. Based on the distribution chart, Changs Ascending Enterprise Co ranks #2475 out of 3070 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. 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 OCF Yield % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Changs Ascending Enterprise Co ranks #2475 out of 3070 companies for OCF Yield %. This places Changs Ascending Enterprise Co in the lower half of its industry. The industry median OCF Yield % is 3.06. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Yield % for an Industrial Products company?
The median OCF Yield % among Industrial Products companies is 3.06, based on 3,070 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Changs Ascending Enterprise Co and its competitors. For the Industrial Products industry, the median OCF Yield % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changs Ascending Enterprise Co's current OCF Yield % is -1.31. 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$39.35 — trading 57.4% below its estimated fair value. The current OCF Yield % is -1.31. 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 OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For Changs Ascending Enterprise Co (ROCO:8038), the current OCF Yield % is -1.31 as of Jul. 16, 2026. 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$39.35 is trading 57.4% 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:

  • OCF Yield %: -1.31
  • GF Value™: NT$92.34 vs. price of NT$39.35 (57.4% below fair value)
  • GF Score™: 60/100 with 8 warning signs

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

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

NT$39.35
Price
NT$92.34
GF Value