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 4924 欣厚-KY. Please read: https://finlab.finance/en/setup?stock=4924

No install, open FinLab Studio

4924

欣厚-KY Green Energy & Environment As of 2026-06-17 Updated daily after market close

steady quality, fair valuation.

1 active signal
Revenue ≥20%
This page refreshes daily after the close. Add 欣厚-KY to your watchlist to track signal changes on your next visit.
Valuation 55Quality 56Growth 95Momentum 35Chips 23

Is 欣厚-KY a buy? Fundamentals and valuation first

  • Above-average profitability.Operating margin is in the 41th market percentile. Latest quarterly ROE ≈ 3.3%.

  • Valuation is neutral.PE is in the 30th market percentile; within its own history, PE is around the 32th percentile.

  • Foreign investors are net selling.Foreign 20-day net flow ≈ -2.1% of volume (net sell).

  • Strong revenue growth.Latest monthly revenue YoY ≈ 159.1%, above the 20% growth threshold.

  • Signals are active now.On the latest data, signals such as Revenue YoY ≥ 20% are active — see the historical forward returns after each occurrence below.

Chip flow

Bearish -0.26
BearishNeutralBullish

Distribution to retail — bearish

  • Distribution to retail — bearish
  • 第一金-中山 holds 884 lots
  • sellers have 136 lots left, ~80 sessions to clear

Window from 2026-01-17 · Price +0% · branches to 2026-06-17· TDCC to 2026-06-12

  • Largest holder 第一金-中山 has accumulated 884 lots since the start (sold 0%), still adding.
  • Main distributor 凱基-台北 peaked at 69 lots, has sold 51%, 34 left, ~13 sessions to clear at the recent pace.
  • TDCC big holders (absolute) >1000-lot holders -1.05pp, mid holders +0, retail +2.97pp — drifting down to retail.
  • Foreign hedge-desk net short Net short -1 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-中山中國信託-嘉義元大-新莊新光-桃園康和-台中富邦-三重
Distributing
凱基-台北玉山-士林元大-板橋三民凱基-興隆國票-中和兆豐-鹿港
Desks
own scale
台新-城東元富-城東元富-西松台新-西松
Price Accumulating & Distributing share one scale (comparable); Desks is independent. Zero is the baseline
Branch details Unit: lots

Accumulating

  • 第一金-中山 +884
    sold 0%· still adding
  • 中國信託-嘉義 +270
    sold 0%
  • 元大-新莊 +191
    sold 12%
  • 新光-桃園 +105
    sold 5%· still adding
  • 康和-台中 +99
    sold 1%
  • 富邦-三重 +96
    sold 0%

Distributing

  • 凱基-台北 34 left
    sold 51%· ~13 sessions to clear
  • 玉山-士林 36 left
    sold 45%· ~36 sessions to clear
  • 元大-板橋三民 20 left
    sold 26%· ~33 sessions to clear
  • 凱基-興隆 17 left
    sold 32%· ~21 sessions to clear
  • 國票-中和 7 left
    sold 68%· paused recently
  • 兆豐-鹿港 8 left
    sold 64%· ~80 sessions to clear

Desks

  • 台新-城東 -767
    unclassified
  • 元富-城東 -645
    unclassified
  • 元富-西松 -272
    unclassified
  • 台新-西松 -197
    unclassified
Still selling 136 lots ~80 sessions to bottom at most
Recent buy/sell force +340 absorbed / -70 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 active now

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

Monthly revenue YoY ≥ 20% (from filing deadline)

Active · now 159.06%

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

48 historical occurrences (since 2011-10-18)
Average forward return after Monthly revenue YoY ≥ 20% (from filing deadline)。20-day: Win 50%, Sample 46, Median +0.16%, Excess +1.22%, Beat mkt rate 41.3%；60-day: Win 55.6%, Sample 45, Median +2.16%, Excess +1.66%, Beat mkt rate 53.3%；120-day: Win 47.7%, Sample 44, Median -0.18%, Excess -0.86%, Beat mkt rate 43.2%

120 days after: historical avg +7.31%

20-day +2.67%
60-day +4.17%
120-day +7.31%
20-day
60-day
120-day
Win
50%
55.6%
47.7%
Sample
46
45
44
Median
+0.16%
+2.16%
-0.18%
Excess
+1.22%
+1.66%
-0.86%
Beat mkt rate
41.3%
53.3%
43.2%

Over 44 occurrences, 120-day forward avg gained 7.31%, lagged the market by 0.86 pts; win rate 47.7%.

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)
0-20 316-4.6% -8% 24.4% -51.4%
20-40 You are here127-7.5% -2.2% 25.2% -42.2%
40-60 56-4.7% -6.5% 25% +7.9%
60-80 17Insufficient data
80-100 0Insufficient data

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 ≈ 16.04, at the 31.7th percentile of its own history (20-40 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
Now
-6.6%
Win rate 22.2% Excess -16.4%
117d
-7.7%
Win rate 6.6% Excess +6%
61d
Insufficient data
(28d)
60-day momentum down
+6%
Win rate 56% Excess -3.3%
277d
-0.3%
Win rate 38.2% Excess +5.3%
34d
-15.1%
Win rate 11.1% Excess -105%
108d

Currently in “Cheap (own-history bottom 1/3) × 60-day momentum up”: across 117 historical days, 120-day forward avg declined 6.6%, win rate 22.2%, lagged the market by 16.4%.

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.

Does this signal hold up across the market

Over the past 242 months, on average ~404 stocks per month met “monthly revenue YoY ≥ 20%”; their adjusted-close return over the next 60 trading days averaged 6.94% (equal-weighted), beating the market by 2.37 points on average, and outperformed the TAIEX total-return index in 64.5% of months.

Each month, equal-weighted 60-day forward adjusted return of all signal-matching stocks, then averaged across months; excess vs the TAIEX total-return index.

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.

15 times historically; 60-day forward avg +2.32%, win rate 53.3%, beating the market by -4.06 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.

48 times historically; 60-day forward avg -3.53%, win rate 46.8%, beating the market by -6.02 pts on average.

What does 欣厚-KY do? Company profile

綠能環保（2026年6月1日起由電腦及週邊設備業調整；公司主要業務仍含精密塑膠零組件、電腦週邊與生物質顆粒燃料） 上櫃（櫃買中心）

Overview

欣厚科技股份有限公司為英屬開曼群島控股公司，股票代號4924，證券名稱欣厚-KY，為台股上櫃普通股。公司於2009年10月16日設立於開曼群島，係為台灣興櫃及上櫃申請進行組織重組而成立；集團前身欣厚企業（馬）有限公司於1989年在馬來西亞怡保成立。公司於2010年1月13日興櫃、2010年10月13日公開發行、2011年10月18日上櫃。台灣辦公地址為台北市中山區長安東路一段16號7樓之2，另於馬來西亞怡保、馬來西亞雙溪大年、中國蘇州、南通等地設有產銷或研發據點。董事長為劉鳳君，總經理為顧小美，發言人為劉景成。實收資本額371,644,090元，已發行普通股37,164,409股，每股面額新台幣10元。2024年年報揭露2025年4月30日員工273人；主要轉投資包括欣厚企業（馬）有限公司、欣厚企業（雙溪大年）有限公司、欣厚精密工業（蘇州）有限公司、蘇州三協光電科技有限公司、南通鑫厚精密科技有限公司等。2025年5月2日前十大股東包括許添華10.05%、花旗託管馬來亞銀行金英證券客戶專戶9.96%、德力實業有限公司及代表人合計揭露持股、威林克有限公司6.21%、花旗託管大華繼顯（香港）客戶帳戶4.91%、匯豐台灣受託保管大華繼顯私人有限公司投資專戶4.73%、黃聖元3.89%、劉鳳君2.86%、李庭安2.53%等。

Business

公司及子公司主要從事精密模具、精密塑膠零組件、筆記型電腦週邊產品及關鍵零組件、家庭影音設備零組件與生物質顆粒燃料之製造銷售。依2024年年報，主要產品包括：一、關鍵零組件，主要為筆記型電腦鍵盤機構板之鍵盤支架、剪刀腳等；二、電腦週邊設備產品，主要為辦公室自動化事務機零組件及POS機外殼，應用於辦公室自動化與零售門市管理系統；三、家庭影音設備產品，包含音響外殼、透明車燈外殼及組裝件，應用於音響、卡拉OK、家庭劇院及交通工具等；四、生物質顆粒燃料，主要作為鍋爐燃料。2024年銷售額693,282千元，其中生物質顆粒燃料442,038千元，約63.76%；電腦週邊設備185,815千元，約26.80%；關鍵零組件61,181千元，約8.82%；家庭影音設備1,403千元，約0.20%；其他2,845千元，約0.41%。2024年主要銷售地區為馬來西亞55.05%、中國大陸35.64%、日本9.01%、香港0.28%、台灣0.01%。2024年主要客戶為HANWA 54.94%、夏普22.30%、達方7.76%、其他15.00%；2025年第一季主要客戶仍為HANWA 57.85%、夏普20.54%、達方9.73%。商業模式為以馬來西亞及中國生產據點承接電子零組件射出、模具、組裝與生質燃料製造銷售，並向國際客戶出貨；近年營收重心明顯轉向生物質顆粒燃料。

Outlook 2025–2028

2025至2028年展望以生物質顆粒燃料擴張為核心。公司年報指出，巴黎氣候峰會後生物質能源為主要環保燃料之一，日本因減少核能供電並增建生質能電廠，木質顆粒使用量成長；公司2024年營收與毛利改善主因生質燃料產品銷售業績成長、銷量與售價提高，2025年第一季HANWA仍占銷售57.85%，顯示日本電廠相關需求仍為主要成長來源。2025年以後公司預期因生物質顆粒燃料業務拓展而增加營收，並以成本費用控制維持營運現金流入；2024年年報並揭露未來一年現金流出主要係購置設備等資本支出增加。另一方面，電腦週邊與關鍵零組件仍受NB產業景氣影響，年報指出關鍵零組件產品因NB產業不景氣、毛利降低而拖累轉投資虧損；公司擬強化生質燃料業務，並開發大陸市場醫療耗材及電動車相關射出零組件，以分散產品與客戶集中風險。主要風險包括：一、客戶集中度高，2024年HANWA與夏普合計約77.24%，若日本電廠拉貨、能源政策或客戶採購節奏改變，營收波動可能放大；二、供應商集中，2024年Tag Energy與Bio Green合計進貨65.84%，木片與木質顆粒供應、品質、價格或運輸變動將影響毛利；三、美元、馬幣、人民幣匯率波動，公司銷貨主要以馬幣、美元、人民幣收款且以美元交易為主；四、利率與借款成本；五、NB、OA與家庭影音市場競爭激烈，電子零組件代工削價競爭仍在。2026年前五月營收381,087千元、年增38.2%，顯示截至2026年5月短期營收仍優於去年同期，但2025全年營收726,741千元僅年增5.1%，反映生質燃料拉貨節奏可能波動。2027至2028年缺乏公司正式量化指引，僅能合理推估成長取決於生質燃料長約、產能利用率、原料取得、日韓及亞洲生質能政策，以及醫療耗材、電動車射出零組件開發成效。

Supply Chain

Upstream
  • Tag Energy 馬來西亞木片、木質顆粒供應商；2024年為第一大進貨供應商，進貨220,708千元、占進貨淨額54.35%；非台股掛牌公司。
  • Bio Green 馬來西亞木片、木質顆粒供應商；2024年為第二大進貨供應商，進貨46,651千元、占進貨淨額11.49%；非台股掛牌公司。
  • Bessgrade Plywood 馬來西亞木片、木質顆粒供應商之一；非台股掛牌公司。
  • 上海華長貿易公司 中國大陸塑膠粒子供應商，供應ABS、PS、PP、POM等原料；非台股掛牌公司。
  • 日立高新技術公司 塑膠粒子供應商之一，屬日立集團相關公司；非台股掛牌公司。
  • Unicolour 馬來西亞塑膠粒子供應商；非台股掛牌公司。
  • Giantvale 馬來西亞塑膠粒子供應商；非台股掛牌公司。
Downstream
  • HANWA CO., LTD. 生物質顆粒燃料主要客戶，2024年銷售380,885千元、占銷貨淨額54.94%，2025年第一季占57.85%；日本上市公司，非台股掛牌。
  • 夏普 電腦週邊產品主要客戶之一，2024年銷售154,584千元、占22.30%，2025年第一季占20.54%；日本上市公司，非台股掛牌。
  • 達方電子 8163 關鍵零組件客戶，2024年銷售53,803千元、占7.76%，2025年第一季占9.73%；台股上櫃公司。
  • 日本生質能電廠客戶 透過HANWA等通路或客戶對接之終端需求來源；公司年報稱日本電廠訂單增加帶動生物質顆粒燃料銷售。
  • 辦公室自動化、零售POS、NB鍵盤、家庭影音與交通工具零組件客戶 公司電子與塑膠射出零組件終端應用；具體終端品牌未完整揭露，部分歷史客戶包含日系音響與電腦週邊廠。

Competitors

  • 森崴能源 6806 同屬台股綠能環保產業掛牌公司，但主業偏再生能源工程與能源服務，與欣厚生物質顆粒燃料並非完全同產品競爭。
  • 中聯資源 9930 同屬綠能環保與資源循環概念公司，業務包含資源化產品與環保服務；與欣厚在替代燃料、環保材料需求上有部分產業相近性。
  • 群光電子 2385 台股上市電腦週邊與鍵盤、輸入裝置大廠；與欣厚之NB鍵盤機構件、電腦週邊零組件在下游應用重疊，但規模與產品層級不同。
  • 致伸科技 4915 台股上市電腦週邊與電子製造服務公司；在電腦週邊、零組件及代工供應鏈中具競爭或替代關係。
  • 達方電子 8163 台股上櫃鍵盤及周邊零組件廠，同時為欣厚關鍵零組件客戶；在NB鍵盤模組與零組件供應鏈中可能具上下游及部分競合關係。
  • 新巨企業 2420 台股上市電腦週邊及電源相關公司；作為電腦週邊產業掛牌同業列入參考，與欣厚產品並非完全直接競爭。
Sources（11）

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.