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 6579 研揚. Please read: https://finlab.finance/en/setup?stock=6579

No install, open FinLab Studio

6579

研揚 Computer & Peripherals 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 研揚 to your watchlist to track signal changes on your next visit.
Valuation 42Quality 69Growth 83Momentum 79Chips 66

Is 研揚 a buy? Fundamentals and valuation first

  • Above-average profitability.Operating margin is in the 58th market percentile. Latest quarterly ROE ≈ 4.3%.

  • Valuation is neutral.PE is in the 61th market percentile; within its own history, PE is around the 86th percentile.

  • Foreign investors are net buying.Foreign 20-day net flow ≈ 2.7% of volume (net buy).

  • Strong revenue growth.Latest monthly revenue YoY ≈ 48.8%, 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 -0.28
BearishNeutralBullish

Distribution to retail — bearish

  • Distribution to retail — bearish
  • 凱基-台北 holds 343 lots
  • sellers have 685 lots left, ~63 sessions to clear

Window from 2026-01-17 · Price +46% · branches to 2026-06-17· TDCC to 2026-06-12

  • Largest holder 凱基-台北 has accumulated 343 lots since the start (sold 0%), still adding.
  • Main distributor 摩根大通 peaked at 402 lots, has sold 35%, 260 left, ~63 sessions to clear at the recent pace.
  • TDCC big holders (absolute) >1000-lot holders -1.89pp, mid holders +1, retail +1.73pp — drifting down to retail.
  • Foreign hedge-desk net short Net short -16 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
凱基-台北新加坡商瑞銀富邦-南京元大-新竹元大證券花旗環球
Distributing
摩根大通美商高盛台灣摩根士丹利港商野村元大-新莊富邦-敦南
Desks
own scale
國票-長城宏遠證券富邦-陽明群益金鼎-新店
Price Accumulating & Distributing share one scale (comparable); Desks is independent. Zero is the baseline
Branch details Unit: lots

Accumulating

  • 凱基-台北 +343
    sold 0%· still adding
  • 新加坡商瑞銀 +299
    sold 24%
  • 富邦-南京 +179
    sold 0%· still adding
  • 元大-新竹 +96
    sold 0%· still adding
  • 元大證券 +90
    sold 6%· still adding
  • 花旗環球 +84
    sold 0%· still adding

Distributing

  • 摩根大通 260 left
    sold 35%· ~63 sessions to clear
  • 美商高盛 163 left
    sold 43%· ~51 sessions to clear
  • 台灣摩根士丹利 124 left
    sold 44%· ~36 sessions to clear
  • 港商野村 25 left
    sold 87%· paused recently
  • 元大-新莊 34 left
    sold 81%· ~24 sessions to clear
  • 富邦-敦南 62 left
    sold 35%· paused recently

Desks

  • 國票-長城 -2,663
    unclassified
  • 宏遠證券 -423
    unclassified
  • 富邦-陽明 -197
    unclassified
  • 群益金鼎-新店 -133
    unclassified
Still selling 685 lots ~63 sessions to bottom at most
Recent buy/sell force +1,041 absorbed / -241 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 48.84%

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

46 historical occurrences (since 2017-08-21)
Average forward return after Monthly revenue YoY ≥ 20% (from filing deadline)。20-day: Win 64.5%, Sample 31, Median +2.76%, Excess +1%, Beat mkt rate 61.3%；60-day: Win 58.1%, Sample 31, Median +5.42%, Excess -0.16%, Beat mkt rate 45.2%；120-day: Win 71.4%, Sample 28, Median +4.76%, Excess -1.25%, Beat mkt rate 42.9%

120 days after: historical avg +9.2%

20-day +1.6%
60-day +4.61%
120-day +9.2%
20-day
60-day
120-day
Win
64.5%
58.1%
71.4%
Sample
31
31
28
Median
+2.76%
+5.42%
+4.76%
Excess
+1%
-0.16%
-1.25%
Beat mkt rate
61.3%
45.2%
42.9%

Over 28 occurrences, 120-day forward avg gained 9.2%, lagged the market by 1.25 pts; win rate 71.4%.

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)
0-20 165+84.4% +81% 100% +56.7%
20-40 73+59.4% +51.2% 100% +29.6%
40-60 261+20.9% +8.8% 65.9% -6.7%
60-80 271+1.5% -6.4% 38% -23.9%
80-100 You are here391+8.6% +6.4% 57.8% -0.1%

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 ≈ 29.91, at the 86.5th 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
+49.5%
Win rate 98.8% Excess +39.8%
171d
+8%
Win rate 80.6% Excess -3.8%
201d
Now
-3.2%
Win rate 33.1% Excess -12.6%
360d
60-day momentum down
+34.2%
Win rate 100% Excess +16.6%
55d
+5.7%
Win rate 74.5% Excess -5.4%
149d
+4.3%
Win rate 46.9% Excess -10.8%
343d

Currently in “Expensive (own-history top 1/3) × 60-day momentum up”: across 360 historical days, 120-day forward avg declined 3.2%, win rate 33.1%, lagged the market by 12.6%.

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.

9 times historically; 60-day forward avg +11.45%, win rate 62.5%, beating the market by +13.27 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.

35 times historically; 60-day forward avg +2.91%, win rate 51.5%, beating the market by -4.19 pts on average.

What does 研揚 do? Company profile

電腦及週邊設備業；工業電腦、嵌入式系統、邊緣AI 台灣證券交易所上市

Overview

研揚科技股份有限公司為台灣上市普通股，股票代號6579，英文名AAEON Technology Inc.。公司現行法人主體成立於2010年12月1日，原名碩陽科技，2011年與研揚科技合併並更名；公司官網與公開資料亦稱研揚集團成立於1992年，兩者差異為法人沿革與品牌/集團沿革不同。總部位於新北市新店區寶橋路235巷135號5樓，主要生產據點包含新店與中國蘇州。2016年6月6日登錄興櫃，2017年8月21日上市。董事長為莊永順，總經理為林建宏。實收資本額約新台幣16.945億元，已發行普通股169,451,221股。依2024年年報，2025年3月31日員工合計1,187人；其中生產467人、工程384人、銷售184人、行政152人。2026年3月31日主要股東包括華碩電腦45,933,118股、持股27.11%；廣積科技43,773,212股、持股25.83%；莊永順20,642,399股、持股12.18%；華誠創業投資與華敏投資各8,774,909股、各5.18%；瑞海投資4,739,647股、2.80%。公司屬華碩集團成員，亦與廣積、醫揚、融程電、捷波等工業電腦或垂直應用公司有投資或策略合作關係。

Business

研揚是工業電腦與AI邊緣運算平台設計製造商，產品線包含嵌入式單板電腦、工業級主機板、模組化電腦、嵌入式/車載/無風扇Box PC、工業液晶顯示器與Panel PC、強固型平板電腦、網路安全設備、IoT閘道器、AI邊緣運算裝置、AI邊緣運算伺服器/工作站、AI模組、智能販賣機、智慧路燈解決方案，以及DMS設計製造服務。2024年營收新台幣7,186,031仟元，產品營收結構為單板電腦及周邊裝置4,006,649仟元、55.76%；工業用系統產品2,710,940仟元、37.73%；其他468,442仟元、6.51%。2024年內銷637,652仟元、8.87%，外銷6,548,379仟元、91.13%，顯示以全球市場為主。商業模式兼具自有品牌標準品、OEM/ODM/DMS客製化、系統整合協作與售後服務，服務對象包括系統整合商、經銷商、製造商與垂直場域客戶；最近兩年度單一客戶銷售均未逾合併營收10%，年報另稱銷貨方面主要客戶比重均未逾20%，無銷貨集中。終端應用涵蓋ATM、POS、Kiosk、自動化控制、大眾運輸、遊戲機、電子看板、醫療設備、人機介面、車隊管理、網路安全、現場巡檢、智慧零售、智慧製造、智慧城市、智慧交通、智慧醫療、物流、機器人、無人機與邊緣AI推論。技術與產品策略重點為少量多樣、長生命週期、高可靠度、客製化快速反應、軟硬體整合，以及與英特爾、輝達等晶片平台合作。

Outlook 2025–2028

2025至2028年展望以邊緣AI、AIoT、智慧製造、智慧零售、智慧交通、醫療設備、半導體測試、機器人、軍工與網路安全為主要成長動能。公司2024年因整體需求減弱與客戶庫存去化，營收衰退11%，但自2024年第4季客戶重新下單、逐步回到成長軌跡；公司於2024年報表示AI新專案數量持續增加，2024年新增約250個AI新專案，預期2025年第3季起對業績有較顯著貢獻。2026年5月法說與媒體報導顯示，訂單能見度約6個月，2026年第2季營收可望高於首季並續創高，BB Ratio由2025年第4季1.32提升至2026年第1季1.35，2026年全年營收目標為雙位數成長；2025年AI相關營收年增約115%、占比約20%，2026年AI營收占比有望升至25%，公司內部目標朝30%努力。產品/技術面，公司計畫開發AI模組、邊緣運算裝置、AI邊緣運算伺服器與主機板、GPU AI加速器、工業級開發板與智慧城市IoT解決方案；並加強軟硬體整合、生成式AI在邊緣端應用、AI Edge工作站、NVIDIA Jetson Thor/Orin與Blackwell相關系統、Intel Core Ultra/Arc平台、MediaTek、Qualcomm、Rockchip、NXP等多平台產品。2025 Computex與智慧城市展展示項目涵蓋機器人、無人機、智慧交通、智慧醫療、智慧製造瑕疵檢測、生成式AI、交通監控、智慧移動與物流，顯示公司正由傳統IPC向邊緣AI解決方案擴張。中長期產業趨勢方面，工業電腦受惠工業4.0、IoT、自動化與AI推論下沉至端側；智慧零售受惠自助結帳、無人商店與行動支付；智慧製造受惠數位雙生、AI視覺檢測與預測性維護；網路安全受惠零信任、UTM、SDN/NFV與資安設備需求；邊緣運算受惠5G、IoT裝置成長、低延遲與資料隱私要求。主要風險包括：全球景氣與客戶資本支出循環、IPC市場少量多樣造成採購成本較高、CPU與關鍵零組件世代更替及停產風險、記憶體/SSD與AI晶片供應與價格波動、匯率波動、川普政府關稅政策與地緣政治、消費性電子與中國大陸業者進入造成價格競爭、AI專案從POC到量產時程不確定、網路攻擊與資安風險，以及人力、租金等營運成本上升。2027至2028年的具體財務數字公司未公開，以上屬依公開年報、法說與產業趨勢推估。

Supply Chain

Upstream
  • 華碩電腦股份有限公司 2357 母公司與最大股東；研揚透過與華碩集團策略聯盟及聯合採購取得採購議價、技術與資源支援，降低少量多樣工業電腦原料成本。
  • 英特爾 美國上市公司；CPU、工業電腦平台、Core Ultra、Arc GPU與AI模組/平台合作夥伴，研揚為英特爾鈦金級會員。
  • 輝達 美國上市公司；NVIDIA Jetson、Orin、Thor、RTX/Blackwell等邊緣AI與GPU平台合作夥伴，研揚為NVIDIA Elite partner。
  • 超微半導體 美國上市公司；年報提及研揚AI邊緣硬體平台涵蓋AMD晶片平台，屬處理器/運算平台供應生態。
  • 高通 美國上市公司；研揚2025產品路線與官網公告提及Qualcomm平台相關產品，屬邊緣AI與RISC/ARM平台供應生態。
  • 聯發科技 2454 台股上市公司；研揚2025產品路線提及MediaTek新技術整合，屬RISC/ARM與邊緣裝置平台供應生態。
  • Rockchip 中國上市公司；研揚年報與產品路線提及Rockchip平台，屬邊緣裝置處理器供應生態，非台股掛牌。
  • 電子材料、機構材料及包裝材料供應商 年報揭露主要原料包含IC、CPU、作業系統、DRAM、LCD、PCB、連接器、儲存裝置、電源供應器、機構與包裝材料；部分IC半導體與LCD向國外採購，其餘多數向國內採購，主要供應商未具名。
Downstream
  • 系統整合商 研揚單板電腦與工業電腦通常銷售予系統整合商，由其完成最後系統整合；未揭露具名客戶。
  • 經銷商與通路商 研揚銷售予具工程背景之經銷商開發當地客源，並設有AAEON eShop提供全球快速取貨與測試；未揭露具名台股公司。
  • 製造商與垂直場域客戶 年報稱客戶包含系統整合商、通路商及製造商，終端涵蓋智慧製造、自動化、醫療設備、交通、網路安全、零售、物流、智慧城市與邊緣AI。
  • 智慧零售客戶 2024年報指出智慧零售客戶為景氣不佳中率先復甦的客戶群，出貨呈正成長；客戶名稱未揭露。
  • 機器人與AGV相關客戶 媒體報導研揚機器人相關專案超過40個，涵蓋全球前三大機器人製造商、中國大型AGV供應商、日本保全機器人業者與農業自駕機具開發商；具名客戶未揭露，非可確認台股掛牌。
  • 網路安全解決方案供應商 研揚提供網路安全硬體平台，搭配防火牆、UTM、流量管理、SDN/NFV等軟體解決方案商使用；具名客戶未揭露。

Competitors

  • 研華 2395 台股上市；全球工業電腦龍頭，產品涵蓋嵌入式板卡、工業電腦、IoT平台、Edge AI與垂直解決方案，是研揚主要同業。
  • 友通資訊 2397 台股上市；工業電腦、嵌入式板卡、工業主機板與系統產品同業，MoneyDJ列為研揚主要競爭廠商。
  • 凌華科技 6166 台股上市；邊緣運算、量測自動化、智慧製造、AI Edge Server與工業電腦同業，MoneyDJ列為研揚主要競爭廠商。
  • 樺漢科技 6414 台股上市；工業電腦、IoT與系統整合廠商，MoneyDJ列為研揚主要競爭廠商。
  • 廣積科技 8050 台股上市；工業電腦與嵌入式平台同業，同時為研揚主要股東與策略聯盟對象，因此兼具競合關係。
  • 艾訊 3088 台股上櫃；工業電腦、嵌入式系統、工業網通與AIoT平台同業。
  • 融程電 3416 台股上市；強固型工業電腦、Panel PC與垂直應用同業，與研揚集團曾有策略投資關係，屬競合關係。
  • 飛捷科技 6206 台股上市；POS、Kiosk、Panel PC與零售/餐飲終端設備供應商，在智慧零售與工業觸控電腦領域與研揚部分產品重疊。
  • 宸曜科技 6922 台股上市；強固型嵌入式電腦、車載/軌道交通、國防與工業邊緣運算同業。
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.