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4557

永新-KY Automobile As of 2026-06-17 Updated daily after market close

quality needs a look, premium valuation.

1 active signal
This page refreshes daily after the close. Add 永新-KY to your watchlist to track signal changes on your next visit.
Valuation 54Quality 27Growth 12Momentum 3Chips 31

Is 永新-KY a buy? Fundamentals and valuation first

  • Weak profitability.Operating margin is in the 33th market percentile. Latest quarterly ROE ≈ -0.2%.

  • Valuation is high.PE is in the 97th market percentile; within its own history, PE is around the 97th percentile.

  • Foreign investors are net selling.Foreign 20-day net flow ≈ -1.0% of volume (net sell).

  • Signals are active now.On the latest data, signals such as Foreign net buying 5 straight days are active — see the historical forward returns after each occurrence below.

Chip flow

Bullish +0.81
BearishNeutralBullish

Single-sided accumulation, concentration rising — bullish

  • Single-sided accumulation, concentration rising — bullish
  • 富邦-建國 holds 491 lots
  • sellers have 117 lots left, ~50 sessions to clear

Window from 2026-01-17 · Price -37% · branches to 2026-06-17· TDCC to 2026-06-12

  • Largest holder 富邦-建國 has accumulated 491 lots since the start (sold 0%), still adding.
  • Main distributor 富邦-嘉義 peaked at 58 lots, has sold 69%, 18 left, ~10 sessions to clear at the recent pace.
  • TDCC big holders (absolute) >1000-lot holders +2.10pp, mid holders +3, retail -3.24pp — concentration shifting upward.
  • Foreign hedge-desk net short Net short -446 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
富邦-建國元大-太平元富-大昌玉山-大里第一金-嘉義大昌-新店
Distributing
富邦-嘉義永豐金-桃園富邦-陽明台新群益金鼎-高盛富邦-南屯
Desks
own scale
兆豐-嘉義凱基-台北新加坡商瑞銀新光
Price Accumulating & Distributing share one scale (comparable); Desks is independent. Zero is the baseline
Branch details Unit: lots

Accumulating

  • 富邦-建國 +491
    sold 0%· still adding
  • 元大-太平 +394
    sold 6%
  • 元富-大昌 +192
    sold 0%
  • 玉山-大里 +173
    sold 0%· still adding
  • 第一金-嘉義 +159
    sold 0%· still adding
  • 大昌-新店 +153
    sold 1%

Distributing

  • 富邦-嘉義 18 left
    sold 69%· ~10 sessions to clear
  • 永豐金-桃園 27 left
    sold 27%· ~27 sessions to clear
  • 富邦-陽明 6 left
    sold 84%· paused recently
  • 台新 9 left
    sold 74%· ~3 sessions to clear
  • 群益金鼎-高盛 19 left
    sold 39%· paused recently
  • 富邦-南屯 20 left
    sold 31%· ~50 sessions to clear

Desks

  • 兆豐-嘉義 -416
    unclassified
  • 凱基-台北 -312
    day-trade · selling pressure
  • 新加坡商瑞銀 -281
    hedge desk · will cover
  • 新光 -228
    unclassified
Still selling 117 lots ~50 sessions to bottom at most
Recent buy/sell force +260 absorbed / -84 sold buyers slightly ahead
Hedge-desk net short -128 lots potential cover-buying, not selling pressure
TDCC big holders · absolute-holding cross-check
>1000-lot holder share Retail (<400 lots) share Price (right axis)

Direction matches: big-holder share rose while retail share fell.

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 active now

These signals are true on the latest data, with this stock's own historical forward-return stats after each occurrence.

Foreign net buying for 5 straight days

Active · now 5%

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

31 historical occurrences (since 2015-12-04)
Average forward return after Foreign net buying for 5 straight days。20-day: Win 46.7%, Sample 30, Median -0.63%, Excess -0.7%, Beat mkt rate 40%;60-day: Win 46.7%, Sample 30, Median -0.75%, Excess -5.4%, Beat mkt rate 33.3%;120-day: Win 41.4%, Sample 29, Median -1.74%, Excess -12.49%, Beat mkt rate 17.2%

120 days after: historical avg -1.78%

20-day +0.66%
60-day +0.62%
120-day -1.78%
20-day
60-day
120-day
Win
46.7%
46.7%
41.4%
Sample
30
30
29
Median
-0.63%
-0.75%
-1.74%
Excess
-0.7%
-5.4%
-12.49%
Beat mkt rate
40%
33.3%
17.2%

Over 29 occurrences, 120-day forward avg declined 1.78%, lagged the market by 12.49 pts; win rate 41.4%.

Valuation regime and subsequent returns

Each day's PE is converted to its own-history percentile (as of that day), then we look at adjusted-close returns over the next 240 trading days by valuation regime.

PE percentile bandSample days240-day avg returnMedianWin rateAvg excess (vs index)
0-20 234+15% +15% 95.3% -17.6%
20-40 223+0.9% -3.6% 37.7% -26.3%
40-60 341+2.2% -0.4% 48.1% -22.5%
60-80 349+3.7% +6.9% 55.3% -19.1%
80-100 You are here388+36.9% +27.1% 99% +34.1%

Percentiles use an expanding own-history window (no look-ahead); forward return is 240 trading days on adjusted close. Sample days overlap; distribution is indicative only.

Current PE ≈ 216.67, at the 97.2th percentile of its own history (80-100 band).

Valuation × momentum historical grid

Every day in its own history is bucketed by valuation tercile (own-history PE) and 60-day momentum sign into six cells; we show adjusted-close returns over the next 120 trading days per cell.

Valuation
Momentum
Cheap (own-history bottom 1/3)
Mid
Expensive (own-history top 1/3)
60-day momentum up
+1.5%
Win rate 56.8% Excess -9.2%
199d
+7.1%
Win rate 58.4% Excess -5.5%
303d
+9.5%
Win rate 74.6% Excess +7.1%
508d
60-day momentum down
-3.9%
Win rate 51.7% Excess -23.5%
271d
-0.4%
Win rate 55.9% Excess -12.6%
220d
Now
+14.6%
Win rate 95.4% Excess +0.1%
153d

Currently in “Expensive (own-history top 1/3) × 60-day momentum down”: across 153 historical days, 120-day forward avg gained 14.6%, win rate 95.4%, beat the market by 0.1%.

Days = trading days in this bucket; returns use adjusted prices, ex-costs. 60-day momentum: direction of this stock's price over the past 60 trading days.

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 +8.26%, win rate 58.8%, beating the market by +4.86 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).

47 times historically; 60-day forward avg +3.98%, win rate 63.8%, beating the market by +2.39 pts on average.

What does 永新-KY do? Company profile

汽車工業;汽車剎車系統零組件 台灣證券交易所上市

Overview

4557 對應證券為永新-KY,為台灣證券交易所上市普通股,非 ETF、ETN、權證或特別股。公司全名為永新控股股份有限公司,英文名 Yusin Holding Corp.,2011年2月14日設立於英屬開曼群島,2015年10月12日在台灣證券交易所上市,總部/台灣通訊地址為嘉義市吳鳳北路381號5樓。董事長為紀經得,總經理為許耀仁,發言人為張原智。依 TWSE OpenAPI 2026-06-16 出表資料,實收資本額為新台幣479,718,400元,已發行普通股47,971,840股,無特別股,簽證會計師事務所為資誠聯合會計師事務所。依公司114年度年報,2025年底員工人數為1,136人,2026年第1季為1,122人。主要股東名單依2026-04-07年報揭露包含 Further Gain Investments Ltd 2,932,132股、6.11%;Dynamic Holding Inc. 2,495,132股、5.20%;Full Glory Group Ltd 2,310,496股、4.82%;Fame Hin Investments Limited 1,924,746股、4.01%;Max Star Group Limited 1,375,000股、2.87%;蕭友信907,000股、1.89%;張文洲861,670股、1.81%;Top Adventure Limited 716,000股、1.49%;夏義智670,000股、1.40%;郭文恬655,436股、1.37%。集團主要子公司/功能包含廈門永裕機械工業有限公司(研發、機加工、橡膠、注塑、總成組裝)、福州新信制動/新信制動系統有限公司(剎車片)、泓輔企業股份有限公司(汽機車/自行車煞車系統零配件)、蕪湖三焱機械有限公司(灰鐵、球鐵鑄造)、馬來西亞 YCS Automotive Parts Sdn Bhd,以及美國 G.D.M Bourne Inc. 銷售公司。

Business

永新-KY 是汽車剎車系統零組件製造商,主攻售後維修市場 AM,並拓展中國 OE/OEM 配套市場。主要產品包含剎車總泵、剎車分泵、離合器總泵、離合器分泵、制動鉗/剎車鉗、真空助力器、剎車片、二輪煞車總成、分離軸承與相關零組件。2025年度營收新台幣3,970,768仟元,產品營收比重為剎車總泵25.34%、剎車分泵18.84%、離合器總泵3.87%、離合器分泵2.90%、剎車鉗13.14%、二輪煞車總成4.69%、剎車片27.12%、其他4.09%。銷售區域以亞太與北美為主,2025年度亞太地區48.7%、北美地區39.7%、中南美6.0%、歐洲3.3%、其他2.3%。商業模式上,公司以中國大陸與馬來西亞等生產基地製造,透過台灣、大陸與美國銷售公司服務全球 AM 通路、經銷商、大型連鎖零售商與維修通路;OE 剎車片/零組件則供應中國自主品牌車廠及爭取合資品牌。年報揭露2025年單一 B 客戶銷貨占營收12.63%,其餘客戶合計87.37%;公司亦表示截至年報資料,全球約近170家銷貨客戶。產品競爭力來自產品品項完整、少量多樣與快速交付、北美在地銷售/市場情報、鑄造毛坯與橡膠/塑料件等關鍵零件自製、IATF16949/ISO等品質系統,以及 AM 與 OE 雙軌布局。

Outlook 2025–2028

2025年實際營運:公司營收3,970,768仟元,年增1.42%;毛利率29.57%,較2024年增加0.59個百分點,主要受北美總泵訂單增加、剎車分泵成長與產品組合優化帶動。不過2025年因美國 FBG 集團申請倒閉,提列預期信用減損損失5.07億元,導致營業淨利轉為小幅虧損574仟元,稅後每股虧損0.67元。公司2026年經營重點包括:加速馬來西亞工廠剎車片、卡鉗及總泵產能,以滿足美國客戶採購政策及非中國產能需求;持續爭取北美卡鉗市占;改善卡鉗毛坯品質與自主加工良率;剎車片業務降低對比亞迪訂單依賴,爭取國際合資品牌車廠及售後市場,以提高毛利;研發投入分離軸承、固定式卡鉗、油路塊、EPB電子駐車系統剎車鉗、塑料離合器總分泵、高效能陶瓷剎車片、新能源車剎車片新材料等。2027-2028展望屬推估:若馬來西亞產能順利放量、北美 AM 需求穩定、OE 剎車片客戶結構改善,營收與毛利率有機會回到正常成長軌道;長期策略為擴充剎車總分泵以外產品線、提升卡鉗營收比重、進入車廠 OES 體系、拓展中國/歐洲/新興市場及電商/4S店通路。主要風險包含:北美客戶信用風險與客戶集中度、美元/新台幣與人民幣匯率波動、美中關稅及產地要求、鋁/鐵/橡膠等原物料價格、馬來西亞新廠量產與良率爬坡不確定性、中國 OE 車廠價格競爭、比亞迪等單一新能源車客戶依賴調整、車用剎車系統電子化與新能源車技術變化造成產品升級壓力。

Supply Chain

Upstream
  • 浙江安統汽車部件相關供應商 2025年度主要供應商之一,年報揭露進貨154,139仟元,占合併進貨淨額10.93%;供應缸體、油杯、活塞、調整輪等剎車總分泵零件,未確認為台股上市櫃公司。
  • 宣城建林機械相關供應商 2025年度主要供應商之一,年報揭露進貨148,605仟元,占合併進貨淨額10.53%;供應缸體等零件,未確認為台股上市櫃公司。
  • 龍岩永恒鋁業 年報列為毛坯/缸體主要原料供應商,供應狀況良好;非台股上市櫃公司。
  • 濰坊華源 年報列為缸體主要供應來源之一,供應狀況良好;非台股上市櫃公司。
  • 永康市佳順 年報列為缸體主要供應來源之一,供應狀況良好;非台股上市櫃公司。
  • 鋼鐵、鋁合金、有色金屬、塑膠、橡膠、陶瓷玻璃與電類附件供應商 公司上游原物料類別;鋁材與鐵材為剎車總分泵/卡鉗等主要材質,年報未逐一揭露全部供應商名稱。
Downstream
  • B客戶 年報匿名揭露之主要客戶,2025年度銷貨501,357仟元,占營收12.63%;公司未揭露真實名稱,推定為國外汽車零組件 AM 通路/大型客戶。
  • 北美汽車零組件 AM 經銷商、大型連鎖零售商及維修通路 核心下游客戶群;2025年度北美地區占營收39.7%,公司透過 G.D.M Bourne Inc. 進行市場開發與客戶服務。
  • 中國自主品牌與合資品牌車廠 OE剎車片與零組件目標客戶群;年報明確提及比亞迪、廣汽、長城、長安、日產汽車等自主/合資品牌相關供應關係或爭取方向,個別採購主體未完整揭露。
  • 比亞迪股份有限公司 年報提及剎車片業務曾供應/服務比亞迪等 OE 車廠,並正在降低對比亞迪訂單依賴;比亞迪為香港/深圳上市公司,非台股上市櫃。
  • 廣汽集團 年報提及公司與廣汽技術部門保持聯繫、爭取/維持車廠訂單配件供應關係;廣汽為香港/上海上市公司,非台股上市櫃。
  • 長城汽車 年報列為福州新信制動剎車片 OE 車廠客戶之一;香港/上海上市,非台股上市櫃。
  • 長安汽車 年報列為福州新信制動剎車片 OE 車廠客戶之一;深圳上市,非台股上市櫃。
  • 日產汽車 年報列為福州新信制動剎車片 OE 車廠客戶之一;日本上市公司,非台股上市櫃。

Competitors

  • 三益制動科技股份有限公司 年報列為 AM 市場相關競爭者,產品包含剎車泵、進氣支管、汽缸頭、變速箱等,主要銷售台灣與東南亞;未上市櫃。
  • SORL Auto Parts, Inc./瑞立集團 年報列為 AM 市場相關競爭者,產品包含制動器剎車閥與液壓剎車閥,主要市場中國與北美;非台股上市櫃。
  • LPR Italy 年報列為 AM 市場相關競爭者,產品包含盤式剎車片、鼓式剎車蹄、剎車盤、剎車鼓等,主要市場歐洲;非台股上市櫃。
  • 浙江萬寶 年報列為中國 OE 市場競爭者,產品包含離合器泵、真空助力器,主要客戶包含上汽通用五菱、長安汽車;非台股上市櫃。
  • 浙江亞太機電股份有限公司 年報列為中國 OE 市場競爭者,產品包含剎車泵、離合器泵、真空助力器、剎車鉗等;深圳上市公司,非台股上市櫃。
  • 吉林東光奧威 年報列為中國 OE 市場競爭者,產品包含真空助力器、剎車泵,客戶包含長安汽車、一汽汽車、長城汽車;非台股上市櫃。
  • 蕪湖伯特利汽車安全系統股份有限公司 年報列為中國 OE 市場競爭者,產品包含剎車鉗、真空助力器、剎車泵,客戶包含奇瑞、廣汽、吉利;上海上市公司,非台股上市櫃。
  • 東陽實業廠股份有限公司 1319 台股上市汽車零組件 AM/OE 大廠,主要產品與永新不同,但同屬汽車零組件售後/原廠市場競爭版圖。
  • 堤維西交通工業股份有限公司 1522 台股上市汽車零組件廠,主力為車燈等產品,非直接剎車總分泵競爭者,但同屬汽車零組件出口與 AM 供應鏈。
  • 帝寶工業股份有限公司 6605 台股上市汽車零組件 AM 車燈大廠,產品不同,列為台股汽車 AM 族群相近公司。
Sources(13)

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.