Ascent Development Co Ltd
Ascent Development Co Ltd (TAI: 1439) is trading at NT$28.05, about ₹85 at today's TWD/INR rate, as of 8 Oct 2026, 1:30 AM ET, down 3.77% today. Ascent Development is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.
Quote
Today's low
NT$28.05
Today's high
NT$29.00
52 week low
NT$23.30
52 week high
NT$32.15
1439 opened at NT$28.95, closed previously at NT$29.15, and has traded between NT$23.30 and NT$32.15 over the past 52 weeks.
About
Ascent Development Co., Ltd. focuses on manufacturing and selling wool tops and carbonized wool products. Its operations are organized into two primary divisions: Sales and Real Estate. The Sales segment handles the distribution of wool-based items, while the Real Estate segment manages property leasing and sales activities. The company was established on October 1, 1964, and its main executive office is located in Taipei, Taiwan.
Key statistics
Avg. volume
38.83K
Market cap
NT$2.58B
P/E Ratio
9.14
Price-to-sales ratio
3.71
Enterprise value
NT$4.17B
Free cash flow yield
11.85%
Debt-to-equity ratio
0.63
Return on equity
10.00%
ROIC
2.28%
Beta
0.08
Dividend yield
1.78%
Last dividend
NT$0.50
Financial overview
Revenue
NT$813.10M
Earnings per share
NT$3.21
Free cash flow
NT$376.49M
Net profit margin
47.14%
Gross margin
25.47%
EBITDA
NT$147.66M
Revenue growth
728.61%
Similar securities
This is not an investment recommendation
Ascent Development for Indian investors
Ascent Development is listed on the Taiwan Stock Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.
Taxes on Ascent Development for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 1:30 pm SGT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Ascent Development’s current yield is 1.78%.Dividend tax explained
FAQs
Can I buy Ascent Development on Paasa?
Ascent Development (1439) has been listed on the Taiwan Stock Exchange since 1989, in the Real Estate - Development industry. Ascent Development is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.
How much does one Ascent Development share cost in rupees?
One Ascent Development share is NT$28.05 — about ₹85 at a TWD/INR rate of 3.03 on 8 Oct 2026. Both the Ascent Development price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for investing abroad from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability.
How are gains on Ascent Development shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the TWD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Ascent Development price.
Does Ascent Development pay a dividend, and how is it taxed in India?
Yes. Ascent Development pays a dividend and the current yield is 1.78%; the last declared dividend was NT$0.50 per share, about ₹1.52. Dividends are taxed at your slab rate in India.
When does TAI trade, in Indian time?
The Taiwan Stock Exchange trades 6:30 am – 11:00 am IST in Indian time.
Do I have to declare Ascent Development shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. The holding is reported with its cost and its closing value.
Does the rupee rate affect what I make on Ascent Development?
Yes. Ascent Development is priced in TWD, so your rupee outcome combines the TWD move with the TWD/INR move between the day you remit and the day you convert back.