Skip to main content
Free trial

Ask AI to review this stock

Copy the prompt to get recent events, historical reactions, and a short research brief.

Tell your AI:

Help me set up FinLab and analyze 4419 皇家美食. Please read: https://finlab.finance/en/setup?stock=4419

4419

皇家美食 Tourism & Hospitality As of 2026-06-17 Updated daily after market close

quality needs a look, fair valuation, no active signal today.

This page refreshes daily after the close. Add 皇家美食 to your watchlist to track signal changes on your next visit.
Valuation 20Quality 16Growth 43Momentum 35Chips 37

Is 皇家美食 a buy? Fundamentals and valuation first

  • Weak profitability.Operating margin is in the 22th market percentile. Latest quarterly ROE ≈ -2.5%.

  • Valuation is neutral.PE is in the 59th market percentile.

  • Foreign investors are net selling.Foreign 20-day net flow ≈ -0.3% of volume (net sell).

Chip flow

Bullish +0.38
BearishNeutralBullish

Institutional rotation, concentration steady — bullish

  • Institutional rotation, concentration steady — bullish
  • 第一金-高雄 holds 172 lots
  • sellers have 1 lots left, ~5 sessions to clear

Window from 2026-01-17 · Price -8% · branches to 2026-06-17· TDCC to 2026-06-12

  • Largest holder 第一金-高雄 has accumulated 172 lots since the start (sold 0%), still adding.
  • Main distributor 新光 peaked at 14 lots, has sold 36%, 9 left, paused recently.
  • TDCC big holders (absolute) >1000-lot holders -0.03pp, mid holders +0, retail +0.05pp — little change.
  • Foreign hedge-desk net short Net short -6 lots (inferred from branch profile, mostly hedging — not necessarily bearish, not case-confirmed).
Branch inventory reconstruction
Accumulating holders Branches that accumulated shares during the window and still hold positive inventory; they are the absorbing side.
Distributing sellers Branches that built inventory earlier and have been selling it down; the remaining number estimates what has not cleared.
Net-short desks Trading-desk branches with negative inventory or net selling, often hedge, offsetting, or short-term flow. It is not automatically a bearish view.
Accumulating
第一金-高雄國票-台南(牛牛牛)亞-網路元富-同大玉山-大里台新-府城
Distributing
新光元富-大昌凱基-台北元富-安南永豐金-北高雄華南永昌
Desks
own scale
陽信合庫-台中永豐金-中和元大-竹科
Price Accumulating & Distributing share one scale (comparable); Desks is independent. Zero is the baseline
Branch details Unit: lots

Accumulating

  • 第一金-高雄 +172
    sold 0%· still adding
  • 國票-台南 +111
    sold 0%
  • (牛牛牛)亞-網路 +87
    sold 0%· still adding
  • 元富-同大 +69
    sold 0%
  • 玉山-大里 +41
    sold 2%
  • 台新-府城 +40
    sold 0%· still adding

Distributing

  • 新光 9 left
    sold 36%· paused recently
  • 元富-大昌 6 left
    sold 45%· paused recently
  • 凱基-台北 4 left
    sold 60%· paused recently
  • 元富-安南 1 left
    sold 75%· paused recently
  • 永豐金-北高雄 2 left
    sold 50%· paused recently
  • 華南永昌 2 left
    sold 50%· paused recently

Desks

  • 陽信 -174
    unclassified
  • 合庫-台中 -110
    unclassified
  • 永豐金-中和 -104
    unclassified
  • 元大-竹科 -44
    unclassified
Still selling 1 lots ~5 sessions to bottom at most
Recent buy/sell force +250 absorbed / -2 sold buyers slightly ahead
TDCC big holders · absolute-holding cross-check
>1000-lot holder share Retail (<400 lots) share Price (right axis)

Weak direction: big-holder share fell while retail share rose.

Describes chip flow, not investment advice. Branch data discloses only high-volume branches with ~1-day lag; TDCC is weekly. Inventory is a relative reconstruction from the window start, not absolute holdings.

Historical evidence

Signals not active (historical stats for reference)

These are not occurring now; historical samples shown for comparison.

252-day price high (breakout)

Pending

Adjusted close makes a new 252-day high; repeats within 20 days counted once.

17 times historically; 60-day forward avg +1.27%, win rate 37.5%, beating the market by -4.25 pts on average.

Monthly revenue YoY ≥ 20% (from filing deadline)

Pending

Monthly revenue YoY ≥ 20%; event date is the first trading day after the filing deadline (no look-ahead).

86 times historically; 60-day forward avg +8.6%, win rate 47.6%, beating the market by +6.6 pts on average.

Foreign net buying for 5 straight days

Pending

Foreign net flow (ex-dealer) positive for 5 straight days; event on day 5; repeats within 20 days counted once.

What does 皇家美食 do? Company profile

觀光餐旅;餐飲服務業 上櫃(證券櫃檯買賣中心)

Overview

皇家國際美食股份有限公司,股票代號4419,原名元勝國際實業股份有限公司,為台灣上櫃普通股營運公司。公司成立日為1991/09/07,掛牌上櫃日為2001/06/26,總部位於臺南市安平區永華路二段248號15樓之6,總機(06)253-9588。2024年台鋼集團取得經營權,公司於2024年5月更名為皇家國際美食股份有限公司,子公司家城股份有限公司更名為台鋼漢堡王股份有限公司。依2025年年報,2026/03/31實收資本額為新台幣1,691,631千元、已發行普通股169,163,133股;從業員工2025年底合計2,029人,2026/03/31合計1,920人。2025年年報刊印日所列董事長為侯佑霖;公開股市資料於2026年6月查得董事長為侯佑霖、總經理及發言人為謝瑞珉。主要股東依2025年年報2026/03/31名冊包括:易昇鋼鐵61,000,000股、36.06%;加捷生醫10,000,000股、5.91%;力新國際科技10,000,000股、5.91%;啟基投資6,200,484股、3.67%;友訊科技5,100,000股、3.02%;聯合光纖通信5,056,000股、2.99%;友勁科技、沛波鋼鐵、易通展科技、榮剛材料科技、精剛精密科技、春雨工廠、久陽精密、台鋼燦星國際旅行社各約5,000,000股、約2.96%。公司2025年度虧損,董事會決議不分配股利。

Business

公司目前核心業務為餐飲服務,2025年營業收入100%來自餐飲服務,合併營業收入淨額新台幣2,662,344千元,較2024年1,894,488千元增加40.53%;稅後淨損230,012千元,每股稅後淨損1.45元。皇家美食旗下兩大餐飲品牌為台鋼漢堡王及潮港城國際美食館。台鋼漢堡王為全台連鎖西式速食品牌,提供漢堡、點心、飲料及外送、官網訂餐、自助點餐等服務,年報稱其主張無人工色素、無人工香料、無人工防腐劑;截至2025/12/31全台總店數106家,2026/03/31服務據點分布為大台北34%、北部24%、中部14%、南部24%、東部4%,大台北及北部合計58%。潮港城國際美食館位於臺中市南屯區環中路四段2號,深耕中部宴會餐飲,提供中式桌宴、Buffet百匯、外燴及企業/家庭餐會服務。2024/05完成收購台鋼漢堡王100%股權後,2025年全年完整認列漢堡王營收,是營收大幅成長主因。商業模式以直營餐飲門市、品牌連鎖展店、宴會餐飲、外燴、官網/自助點餐與外送通路銷售為主;主要客戶為一般消費者,潮港城亦包含婚宴、商業聚餐、企業活動及家庭餐會客群。年報揭露2025年公司營業額約26.62億元,於餐飲業銷售額口徑下市占率約1.59%。

Outlook 2025–2028

2025年至2028年主要展望來自漢堡王展店、完整年度併表效益、數位化點餐、台鋼集團跨產業資源與潮港城宴會/外燴需求。公司2025年年報明確列示未來將持續調整營運措施、降低成本並挹注營收,策略包括導入數位工具、優化官網訂餐、普及自助點餐機、深化建教合作、優化採購策略、尋找在地優質食材、節能減碳與能源循環利用。短期計畫為持續展店擴大市場占有率,在交通要道及商業繁榮地點設點,並加強食材安全檢驗;長期計畫為導入標準化作業及管理、提升經營績效、強化品牌力、發展中央廚房、深化產銷在地化。外部報導曾引述公司規劃2027年漢堡王全台超過150個據點,該數字屬媒體轉述公司說法,尚需後續公告驗證。產業趨勢方面,台灣餐飲業受內需、觀光、外食人口及數位點餐推動,但同時面臨食材成本上漲、人力成本提高、缺工、租金、同業密集展店、消費者價格敏感、食品安全及品牌授權管理等挑戰。公司2025年仍虧損,代表規模擴張、虧損店點調整、開店折舊租賃與人力成本仍是2026至2028年獲利改善的核心變數。

Supply Chain

Upstream
  • C公司 年報揭露2024及2025年均有單一主要供應商以代號C公司列示,2025年進貨金額161,873千元、占進貨淨額15.83%,與發行人無關係;年報未揭露實名,無法判定是否為台股公司。
  • 肉品、薯條、海鮮、蔬果、蛋、雜貨、調味料及餐具耗材供應商 公司年報描述餐飲服務業上游為肉品及加工品、海鮮、蔬果、蛋、雜貨、調味料與餐具耗材等;主要原料為肉品及薯條,採計畫性及分散採購,供應商多未具名。
  • 漢堡王品牌及特許經營體系 台鋼漢堡王經營Burger King品牌;全球品牌母體非台股掛牌公司,實際台灣授權契約細節未於年報完整揭露。
Downstream
  • 一般消費者 公司主要銷售對象為一般消費者,年報明確指出無占銷貨總額10%以上之客戶。
  • 企業、婚宴、商業聚餐及家庭餐會客戶 潮港城國際美食館提供中式桌宴、Buffet百匯、外燴與聚餐服務,客戶多為終端消費者或企業活動需求,未揭露特定上市櫃客戶。
  • 台鋼燦星國際旅行社股份有限公司 2719 台鋼集團相關上櫃公司,曾參與皇家美食私募,外部資料稱雙方規劃旅遊市場與餐飲市場策略聯盟;屬可能通路/跨品牌合作關係,非年報揭露的主要客戶。
  • 官網訂餐、自助點餐機、外送平台與門市通路 公司策略包含優化官網訂餐、自助點餐機普及與門市/外送銷售;外送平台合作對象未具名。

Competitors

Sources(15)

This company profile is compiled from public sources (annual reports, filings, news and analyst reports), not finlab backtest data; the 2025–2028 outlook contains forward-looking estimates and is for reference only.

Method and limitations

  • All returns use adjusted close (etl:adj_close), already adjusted for dividends and splits.
  • Excess return is measured against the TAIEX total-return index (dividends included).
  • Valuation regime and percentile stats use an expanding own-history window (no future data).
  • Revenue-signal event dates align to the first trading day after the filing deadline, avoiding look-ahead.
  • Event samples may overlap in time; stats describe historical distribution only and are less reliable when samples are few.

This page is historical statistics for educational purposes and is not investment advice. Investing involves risk; past performance does not indicate future results. Assess and bear the risk yourself before trading.