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Help me set up FinLab and analyze 6806 森崴能源. Please read: https://finlab.finance/en/setup?stock=6806

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6806

森崴能源 Green Energy & Environment As of 2026-06-17 Updated daily after market close

strong quality, fair valuation, no active signal today.

This page refreshes daily after the close. Add 森崴能源 to your watchlist to track signal changes on your next visit.
Valuation 50Quality 98Growth 48Momentum 0Chips 29

Is 森崴能源 a buy? Fundamentals and valuation first

  • Top-tier profitability.Operating margin beats ~97% of the market. Latest quarterly ROE ≈ 152.7%.

  • Valuation is neutral.PE is in the 63th market percentile; within its own history, PE is around the 6th percentile.

  • Foreign investors are net selling.Foreign 20-day net flow ≈ -1.2% of volume (net sell).

Chip flow

Bullish +0.96
BearishNeutralBullish

Single-sided accumulation, concentration rising — bullish

  • Single-sided accumulation, concentration rising — bullish
  • 兆豐-中壢 holds 15,069 lots
  • sellers have 836 lots left, ~49 sessions to clear

Window from 2026-01-17 · Price -93% · branches to 2026-06-17· TDCC to 2026-06-12

  • Largest holder 兆豐-中壢 has accumulated 15,069 lots since the start (sold 0%), still adding.
  • Main distributor 國泰-敦南 peaked at 463 lots, has sold 48%, 241 left, ~32 sessions to clear at the recent pace.
  • TDCC big holders (absolute) >1000-lot holders +5.29pp, mid holders -2, retail -4.29pp — concentration shifting upward.
  • Foreign hedge-desk net short Net short -613 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
兆豐-中壢台灣摩根士丹利摩根大通美林美商高盛統一
Distributing
國泰-敦南元大證券凱基-城中花旗環球元大-大里元富-松德
Desks
own scale
元大-桃園港商麥格理新加坡商瑞銀元大-台南
Price Accumulating & Distributing share one scale (comparable); Desks is independent. Zero is the baseline
Branch details Unit: lots

Accumulating

  • 兆豐-中壢 +15,069
    sold 0%· still adding
  • 台灣摩根士丹利 +3,828
    sold 1%· still adding
  • 摩根大通 +2,228
    sold 0%
  • 美林 +1,268
    sold 0%
  • 美商高盛 +1,175
    sold 5%
  • 統一 +951
    sold 19%

Distributing

  • 國泰-敦南 241 left
    sold 48%· ~32 sessions to clear
  • 元大證券 140 left
    sold 56%· paused recently
  • 凱基-城中 172 left
    sold 36%· paused recently
  • 花旗環球 126 left
    sold 40%· paused recently
  • 元大-大里 143 left
    sold 28%· ~49 sessions to clear
  • 元富-松德 33 left
    sold 83%· paused recently

Desks

  • 元大-桃園 -1,729
    unclassified
  • 港商麥格理 -1,577
    hedge desk · will cover
  • 新加坡商瑞銀 -1,398
    hedge desk · will cover
  • 元大-台南 -762
    unclassified
Still selling 836 lots ~49 sessions to bottom at most
Recent buy/sell force +7,404 absorbed / -419 sold buyers slightly ahead
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

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 ≈ 25.03, at the 6.2th 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
(2d)
Insufficient data
(0d)
Insufficient data
(0d)
60-day momentum down
Now
-27.7%
Win rate 0% Excess -28.8%
38d
Insufficient data
(0d)
Insufficient data
(0d)

Currently in “Cheap (own-history bottom 1/3) × 60-day momentum down”: across 38 historical days, 120-day forward avg declined 27.7%, win rate 0%, lagged the market by 28.8%.

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.

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).

55 times historically; 60-day forward avg -4.19%, win rate 28.6%, beating the market by -7.44 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.

15 times historically; 60-day forward avg -11.16%, win rate 30.8%, beating the market by -18.94 pts on average.

What does 森崴能源 do? Company profile

綠能環保；能源開發工程、再生能源與潔淨能源服務 上市（臺灣證券交易所；截至2026-06-17已公告預計2026-06-23終止上市）

Overview

6806 對應證券為森崴能源股份有限公司普通股，非 ETF/ETN/權證等非營運證券。公司成立於2007/04/27，原名星崴，2019年更名為森崴能源，2021/11/15上市；總部與主要辦公地點位於新北市土城區中央路四段49號，另有中部、南部據點。公司隸屬正崴集團，董事長為郭台強；總經理於2025/12/01公告由林坤煌擔任；發言人為財務長李心美。公開資料曾揭示實收資本額新台幣2,746,429,020元，104徵才頁列資本額40億元，可能因後續增資或不同揭露口徑而有差異，最新實收資本額仍應以公開資訊觀測站為準。員工規模可查資料約79至80人。主要股東方面，114年報揭露114/3/29勁永國際持股102,951,145股、持股37.49%，為最大股東；富威電力揭露之113/3/23法人股東資料則列森崴能源主要股東包括勁永國際46.62%、富威國際投資8.46%、秦嘉鴻1.69%等，兩者時間與口徑不同。公司2025年發生重大財務壓力：子公司富崴能源承攬台電離岸風力發電第二期工程，因疫情、俄烏戰爭、通膨、升息、船舶與分包商履約爭議、追加款未定等因素認列重大工程損失；2025年合併營收260.64億元、營業毛損約172.32億元、稅後淨損約206.93億元、EPS -60元。2026年第1季再因虧損與淨值轉負觸及下市標準，證交所公告自2026/5/15起加採分盤集合競價並預定2026/6/23終止上市。

Business

森崴能源定位為正崴集團的能源服務平台，核心業務涵蓋再生能源工程開發與統包、電廠維運、售電、節能、儲能、LNG潔淨能源、森林碳匯與離岸海事工程。依114年報營收分布，2025年工程業務24,071,455千元、占92.36%；服務業務507,733千元、占1.95%；售電業務1,483,792千元、占5.69%；其他1,124千元、占約0.004%。商業模式以大型能源工程EPC/EPCI、專案管理、完工比例認列收入、電廠維運服務、子公司富威電力綠電交易與ESCO/儲能服務、欣鑫天然氣LNG進口銷售與儲供氣設備統包維運、衆崴能源太陽光電案場投資開發營運等為主。重要專案為子公司富崴能源標得台電離岸風電二期計畫風場財物採購帶安裝案，官方頁面列決標金額628.88億元、裝置容量300MW、預計年發電量逾10億度、完工後維運5年；但該案也是2025至2026年財務危機主因。主要客戶/終端應用包括台電大型離岸風電工程、再生能源購電與RE100需求企業、電子業與製造業減碳用電需求、工業LNG替代燃煤/重油需求、太陽能與風電案場投資人及電力用戶。

Outlook 2025–2028

2025年實際營運已由大型離岸風電工程認列收入主導，但受富崴能源承攬台電離岸風電二期重大虧損拖累，全年轉為巨額虧損，財務結構急遽惡化。2026年展望以危機處理為核心：一是台電二期剩餘工程、追加款調解、監督付款、工期展延與違約罰則風險；二是銀行授信、下包商履約、資產處分、私募或其他籌資能否補足營運資金；三是6/23終止上市後流動性、資訊透明度與再融資能力下降。公司年報稱目標為今年完工，並持續向台電爭取工程款追加與工期展延；外部報導亦提到台電已依工程會調解建議追加55億元並採監督付款，但後續仍有協調與施工不確定性。2027至2028年的可見度偏低，若台電二期順利完工並解決追加款及供應商爭議，公司才有機會降低或停止工程虧損擴大，回到電廠維運、綠電交易、儲能、節能服務、LNG與碳匯等較穩定業務；若籌資失敗、工程罰款或訴訟損失擴大，則可能面臨債務重整、資產出售或營運規模大幅縮減。中長期產業動能仍來自台灣淨零轉型、半導體與電子供應鏈綠電需求、儲能與電網韌性需求、企業減碳與RE100壓力；主要風險則為離岸風電EPC估價與施工風險、海象與船舶可用性、分包商信用、利率與融資成本、政策與電價制度、追加款調解結果、終止上市後資本市場信任受損。

Supply Chain

Upstream
  • 西門子歌美颯（Siemens Gamesa） 離岸風機國際供應鏈成員；非台股掛牌公司，實際供應或合約細節以專案文件為準。
  • 世紀鋼鐵結構股份有限公司 9958 離岸風電水下基礎與鋼構供應鏈；外部報導指出其與台電二期下包/監督付款相關。
  • 世紀離岸風電設備股份有限公司 2072 離岸風電水下基礎供應鏈；與世紀鋼集團相關，外部報導提及台電二期供應鏈款項。
  • 東方風能科技股份有限公司 離岸風電海事工程/船舶與施工供應鏈；非上市櫃公司或未確認為上市櫃，外部報導提及其與台電二期監督付款相關。
  • 太陽能模組、逆變器、儲能設備與工程分包商 森崴太陽光電、儲能與能源工程案場上游；公開資料未逐一確認特定供應商，故不列個別股票代號。
  • LNG國際供應商與運輸/儲供氣設備商 欣鑫天然氣業務之上游來源；多屬海外或未上市供應商，未能確認個別台股上市櫃公司。
Downstream
  • 台灣電力股份有限公司 台電離岸風電二期計畫業主與主要工程收入來源之一；國營事業，非上市櫃公司。
  • 富威電力股份有限公司 6994 森崴旗下/關係企業，從事綠電交易、節能、儲能工程與技術服務，承接綠電與企業減碳需求。
  • 正崴精密工業股份有限公司 2392 正崴集團關係企業與潛在綠電/減碳服務需求來源；是否為直接客戶與交易金額需以關係人交易揭露為準。
  • 電子業與RE100供應鏈企業 綠電交易、節能、儲能與減碳服務終端需求；公開資料未逐一確認直接客戶名單。
  • 工業用戶及離島/偏遠地區能源用戶 欣鑫天然氣LNG替代煤炭、重油及臨時供氣服務之下游客戶群；多為未逐一揭露之企業客戶。

Competitors

Sources（21）

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.