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Help me set up FinLab and analyze 6782 視陽. Please read: https://finlab.finance/en/setup?stock=6782

6782

視陽 Biotech & Healthcare As of 2026-06-17 Updated daily after market close

strong quality, discounted valuation.

1 active signal
This page refreshes daily after the close. Add 視陽 to your watchlist to track signal changes on your next visit.
Valuation 63Quality 89Growth 67Momentum 31Chips 22

Is 視陽 a buy? Fundamentals and valuation first

  • Top-tier profitability.Operating margin beats ~91% of the market. Latest quarterly ROE ≈ 5.5%.

  • Valuation is low.PE is in the 17th market percentile; within its own history, PE is around the 1th percentile.

  • Foreign investors are net selling.Foreign 20-day net flow ≈ -2.3% of volume (net sell).

  • Strong revenue growth.Latest monthly revenue YoY ≈ 22.8%, 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

Bullish +0.43
BearishNeutralBullish

Single-sided accumulation, concentration rising — bullish

  • Single-sided accumulation, concentration rising — bullish
  • 國票-台中 holds 389 lots
  • sellers have 186 lots left, ~147 sessions to clear

Window from 2026-01-17 · Price +7% · branches to 2026-06-17· TDCC to 2026-06-12

  • Largest holder 國票-台中 has accumulated 389 lots since the start (sold 8%), now trimming.
  • Main distributor 新加坡商瑞銀 peaked at 539 lots, has sold 54%, 249 left, paused recently.
  • TDCC big holders (absolute) >1000-lot holders +1.93pp, mid holders -2, retail +0.75pp — concentration shifting upward.
  • Foreign hedge-desk net short Net short -672 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
國票-台中華南永昌元大-台北兆豐-西螺中國信託玉山證券
Distributing
新加坡商瑞銀美林摩根大通永豐金-台中港商野村元大-莒光
Desks
own scale
台灣摩根士丹利凱基-桃園永豐金-桃園元大-龍潭
Price Accumulating & Distributing share one scale (comparable); Desks is independent. Zero is the baseline
Branch details Unit: lots

Accumulating

  • 國票-台中 +389
    sold 8%
  • 華南永昌 +383
    sold 0%
  • 元大-台北 +310
    sold 0%
  • 兆豐-西螺 +197
    sold 0%· still adding
  • 中國信託 +125
    sold 0%
  • 玉山證券 +123
    sold 4%· still adding

Distributing

  • 新加坡商瑞銀 249 left
    sold 54%· paused recently
  • 美林 37 left
    sold 88%· ~15 sessions to clear
  • 摩根大通 44 left
    sold 82%· ~147 sessions to clear
  • 永豐金-台中 37 left
    sold 79%· ~62 sessions to clear
  • 港商野村 57 left
    sold 53%· paused recently
  • 元大-莒光 53 left
    sold 47%· paused recently

Desks

  • 台灣摩根士丹利 -425
    hedge desk · will cover
  • 凱基-桃園 -157
    unclassified
  • 永豐金-桃園 -147
    unclassified
  • 元大-龍潭 -129
    unclassified
Still selling 186 lots ~147 sessions to bottom at most
Recent buy/sell force +258 absorbed / -100 sold buyers slightly ahead
Hedge-desk net short -494 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)

Mixed direction: big-holder and retail changes are not aligned.

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 22.78%

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

21 historical occurrences (since 2022-11-28)
Average forward return after Monthly revenue YoY ≥ 20% (from filing deadline)。20-day: Win 50%, Sample 20, Median -0.11%, Excess -3.67%, Beat mkt rate 30%;60-day: Win 47.4%, Sample 19, Median -0.68%, Excess -7.22%, Beat mkt rate 26.3%;120-day: Win 29.4%, Sample 17, Median -9.92%, Excess -22.05%, Beat mkt rate 11.8%

120 days after: historical avg -6.01%

20-day +0.19%
60-day +2.58%
120-day -6.01%
20-day
60-day
120-day
Win
50%
47.4%
29.4%
Sample
20
19
17
Median
-0.11%
-0.68%
-9.92%
Excess
-3.67%
-7.22%
-22.05%
Beat mkt rate
30%
26.3%
11.8%

Over 17 occurrences, 120-day forward avg declined 6.01%, lagged the market by 22.05 pts; win rate 29.4%.

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 You are here0Insufficient data
20-40 0Insufficient data
40-60 0Insufficient data
60-80 0Insufficient 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 ≈ 12.85, at the 0.9th percentile of its own history (0-20 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
Insufficient data
(0d)
Insufficient data
(0d)
Insufficient data
(0d)
60-day momentum down
Now
Insufficient data
(0d)
Insufficient data
(0d)
Insufficient data
(0d)

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.

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.

11 times historically; 60-day forward avg -0.68%, win rate 63.6%, beating the market by -15.06 pts on average.

What does 視陽 do? Company profile

生技醫療業 上市(臺灣證券交易所)

Overview

視陽光學股份有限公司成立於1998年11月9日,股票代號6782,為臺灣證券交易所上市普通股,2020年公開發行並登錄興櫃,2022年11月28日上市。總部位於桃園市龜山區興業街1號,另揭露桃園市桃園區幸福路200號7樓;主要製造基地位於馬來西亞檳城。董事長與總經理皆為李重儀,發言人為副總經理吳滄松,代理發言人為財會處長鄭佩青。2025年年報揭露實收資本額為新台幣6.30億元、發行股數63,000,000股;2025年底員工1,613人,2026年2月28日為1,608人,其中研發人員79人。主要股東截至2026年3月28日包含明基材料股份有限公司14.82%、狄安邁國際有限公司5.21%、李焜耀4.99%、黃湘雅2.33%、黃廷佐2.20%、上東投資有限公司2.04%、李麗芳1.64%、匯豐受託保管摩根士丹利國際投資專戶1.44%、游志宇1.30%、林碧珠1.27%。關係企業包含馬來西亞Visco Technology Sdn. Bhd.(隱形眼鏡製造加工及銷售)、Visco Med Sdn. Bhd.(租賃及管理服務)、日本From-eyes Co., Ltd.(隱形眼鏡銷售)、川揚商貿(上海)有限公司(隱形眼鏡銷售)及川揚視康股份有限公司(醫務管理顧問服務)。公司自稱為亞洲第一、全球第五的矽水膠隱形眼鏡製造商,並取得ISO 13485、日本FMR/FMA、MDSAP及美國QSR等品質系統或市場相關認證,產品證照涵蓋歐洲、美國、加拿大、臺灣、日本、中國大陸、韓國、澳洲、紐西蘭等市場。

Business

公司主要經營拋棄式軟性隱形眼鏡之生產、設計與銷售,2025年營收新台幣42.232億元,其中隱形眼鏡收入42.211億元、占99.95%,其他收入0.05%。產品依使用週期分為日拋、雙週拋、月拋;依功能分為近視/遠視矯正、散光、多焦/老花、抗藍光、彩妝與定位型彩妝鏡片。核心定位為矽水膠隱形眼鏡ODM/OEM及部分自有品牌/通路經營,矽水膠產品訴求高透氧、低彈性模數與舒適度,並以全球主要市場證照、產品設計、材料與自動化製程作為進入障礙。2025年銷售區域為內銷新台幣4.4716億元、占10.59%;外銷新台幣37.7604億元、占89.41%,其中亞洲28.4191億元、占67.29%,歐洲7.156億元、占16.94%,美洲2.1853億元、占5.18%。2026年第一季法說會揭露單季營收新台幣12.29億元,亞洲占79%、歐洲14%、美洲7%。商業模式以服務全球區域大型通路商、隱形眼鏡品牌商及自有品牌客戶為主,提供鏡片設計、製造、證照與客製化產品。年報揭露2025年主要客戶代號C占銷貨15.43%,明基材料占10.25%,單一客戶未超過20%。公司在日本、中國市場經營自有品牌refrear,並導入臺灣市場;日本市場另透過From-eyes貼近品牌、通路與終端需求。主要製程包括射出、移印(彩片)、注膠、固化、脫模、水化、檢驗、封包、滅菌與包裝。主要原料包含HEMA、矽氧烷壓克力、聚丙烯塑膠料、鋁箔及包材等。

Outlook 2025–2028

2025年公司營收及獲利創高,營收42.2億元、年增15%,毛利率45%,每股盈餘14.08元;成長來自新客戶、新產品、矽水膠產品線拓展、良率與效率改善,以及日本矽水膠散光、散光彩色與定位型彩色鏡片拉貨。2025年上半年平均產能利用率已提升至95%以上,第四季月產能達4,900萬片。2026年公司展望指出,在關稅措施趨穩、歐美降息環境帶動消費力回升、日本新客戶與新產品需求強勁、中國市場回溫下,預期營收與獲利持續成長;歐美市場將推進老花與散光矽水膠隱形眼鏡,亞太市場加大定位型矽水膠彩色隱形眼鏡及抗藍光產品。中長期到2027至2028年,合理成長動能來自全球矽水膠滲透率提升、日拋/短週期化、高階功能鏡片如散光與多焦需求、亞洲彩片與健康訴求結合、歐美通路自有品牌尋求四大品牌以外的高規格供應商、全球證照與馬來西亞產能/關稅優勢。公司年報列示的研發方向包含改良老花與散光光學設計、矽水膠抗藍光、保濕配方與表面處理、不同含水與透氧矽水膠材料、抗疲勞鏡片、近視控制產品、AI檢測、彩片印刷自動調整、生產自動化與表面處理製程降本。主要風險包括美國關稅變化、日幣低迷與馬幣升值造成匯率壓力、原物料與通膨、四大國際品牌寡占與價格競爭、後進者推出矽水膠產品、中國本土製造能力提升、各國醫療器材證照法規趨嚴、客戶新品導入與取證時程不確定、產能利用率高時的擴產執行與良率風險。2027至2028並無公司逐年量化財測,本段為依公司年報、法說會與產業趨勢的研究推估。

Supply Chain

Upstream
  • 明基材料股份有限公司 8215 年報揭露為2025年主要供應商,進貨金額新台幣2.08717億元、占全年進貨20.01%,並標示為本公司之其他關係人;明基材料亦為臺灣上市公司。
  • HEMA、矽氧烷壓克力、聚丙烯塑膠料、鋁箔及包材供應商 年報揭露主要原料類別及供應狀況良好,但除明基材料外未揭露其他具名供應商;多數供應商身分未公開,無法確認是否上市櫃。
  • 自動化設備、模具、檢測與包裝設備供應商 公司持續導入自動化、AI檢測、彩片印刷自動調整與產線監控系統,惟年報未揭露具名設備供應商。
Downstream
  • 客戶C 年報以代號揭露之最大銷貨客戶,2025年銷貨新台幣6.51723億元、占15.43%;名稱未公開,無法確認掛牌狀態。
  • 明基材料股份有限公司 8215 年報揭露為2025年主要銷貨客戶之一,銷貨新台幣4.33002億元、占10.25%,並標示為本公司之其他關係人。
  • 歐洲、美洲、亞洲大型通路商與隱形眼鏡品牌商 公司銷售客戶以各區域大型通路商或品牌商為主,部分經營自有品牌,年報未揭露多數客戶名稱;屬下游品牌、電商、眼鏡店、眼科診所與專業視光通路。
  • From-eyes Co., Ltd. 視陽日本子公司,負責隱形眼鏡銷售與日本在地品牌/通路服務;非台股掛牌公司。
  • 川揚商貿(上海)有限公司 視陽中國大陸子公司,負責隱形眼鏡銷售;非台股掛牌公司。

Competitors

  • 晶碩光學股份有限公司 6491 臺灣上市隱形眼鏡廠,從事拋棄式軟性隱形眼鏡研發、製造、銷售與自有品牌PEGAVISION,為臺灣隱形眼鏡同業主要競爭者。
  • 精華光學股份有限公司 1565 臺灣上櫃隱形眼鏡廠,具代工與自有品牌帝康/Ticon,為臺灣隱形眼鏡同業競爭者。
  • 望隼科技股份有限公司 4771 臺灣上市隱形眼鏡製造商,市場資料常與視陽、晶碩、精華並列為台灣隱形眼鏡族群。
  • 金可-KY 8406 臺灣上市公司,主要品牌包含海昌等,在中國與亞洲隱形眼鏡市場具品牌與通路競爭關係。
  • 明基材料股份有限公司 8215 臺灣上市材料與醫材公司,除為視陽主要供應商及關係人,也布局隱形眼鏡醫材產品,具上下游及部分競合關係。
  • Johnson & Johnson Vision / Acuvue 國際四大隱形眼鏡品牌之一;母公司Johnson & Johnson為美國上市公司,非台股掛牌。
  • Alcon 國際四大隱形眼鏡品牌之一,產品包含Dailies、Total等;瑞士/美國上市公司,非台股掛牌。
  • CooperVision 國際四大隱形眼鏡品牌之一,母公司The Cooper Companies為美國上市公司,非台股掛牌。
  • Bausch + Lomb 國際四大隱形眼鏡與眼科產品公司之一,美國/加拿大上市公司,非台股掛牌。
  • Menicon 日本隱形眼鏡品牌與製造商,在日本及全球市場具競爭關係;非台股掛牌。
Sources(16)

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.