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Help me set up FinLab and analyze 7709 榮田. Please read: https://finlab.finance/en/setup?stock=7709

7709

榮田 Electric Machinery As of 2026-06-17 Updated daily after market close

quality needs a look, fair valuation.

1 active signal
This page refreshes daily after the close. Add 榮田 to your watchlist to track signal changes on your next visit.
Valuation 33Quality 34Growth 85Momentum 95Chips 54

Is 榮田 a buy? Fundamentals and valuation first

  • Weak profitability.Operating margin is in the 32th market percentile. Latest quarterly ROE ≈ 0.9%.

  • Valuation is neutral.PE is in the 78th market percentile.

  • Foreign investors are net buying.Foreign 20-day net flow ≈ 0.8% of volume (net buy).

  • Strong revenue growth.Latest monthly revenue YoY ≈ 54.0%, 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

Neutral -0.06
BearishNeutralBullish

Institutional rotation, concentration steady — neutral

  • Institutional rotation, concentration steady — neutral
  • 新加坡商瑞銀 holds 187 lots
  • sellers have 597 lots left, ~135 sessions to clear

Window from 2026-01-17 · Price +182% · branches to 2026-06-17· TDCC to 2026-06-12

  • Largest holder 新加坡商瑞銀 has accumulated 187 lots since the start (sold 0%), holding.
  • Main distributor 凱基-台北 peaked at 373 lots, has sold 45%, 205 left, ~50 sessions to clear at the recent pace.
  • TDCC big holders (absolute) >1000-lot holders -0.17pp, mid holders +0, retail +0.19pp — little change.
  • Foreign hedge-desk net short Net short -7 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
新加坡商瑞銀群益金鼎-開元兆豐-南門國票證券臺銀-臺南富邦-頭份
Distributing
凱基-台北台新證券華南永昌摩根大通元大-淡水台新-新店
Desks
own scale
國泰-館前凱基-台南玉山-台南永豐金-北高雄
Price Accumulating & Distributing share one scale (comparable); Desks is independent. Zero is the baseline
Branch details Unit: lots

Accumulating

  • 新加坡商瑞銀 +187
    sold 0%
  • 群益金鼎-開元 +164
    sold 0%· still adding
  • 兆豐-南門 +124
    sold 0%
  • 國票證券 +83
    sold 0%
  • 臺銀-臺南 +68
    sold 0%
  • 富邦-頭份 +55
    sold 0%

Distributing

  • 凱基-台北 205 left
    sold 45%· ~50 sessions to clear
  • 台新證券 192 left
    sold 42%· paused recently
  • 華南永昌 90 left
    sold 51%· ~10 sessions to clear
  • 摩根大通 67 left
    sold 48%· paused recently
  • 元大-淡水 68 left
    sold 41%· paused recently
  • 台新-新店 73 left
    sold 35%· ~18 sessions to clear

Desks

  • 國泰-館前 -375
    unclassified
  • 凱基-台南 -358
    unclassified
  • 玉山-台南 -265
    unclassified
  • 永豐金-北高雄 -215
    unclassified
Still selling 597 lots ~135 sessions to bottom at most
Recent buy/sell force +332 absorbed / -341 sold sellers 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 53.99%

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

4 historical occurrences (since 2025-03-10)

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.

What does 榮田 do? Company profile

電機機械;工具機/金屬切削機械製造業 上櫃(櫃買中心)

Overview

榮田精機股份有限公司成立於1987年5月21日,總部位於高雄市湖內區中山路二段6號,股票於2025年2月25日上櫃。公司創辦人及董事長為陳松田,總經理為陳政鈞,發言人為李振宏。2025年11月法說會揭露資本額為新台幣391,027千元,員工人數為186人(截至2025年9月30日);2024年年報揭露2024年底員工186人、2025年3月31日188人。主要股東依公司網站主要股東名單包含東台精機股份有限公司15,485,893股、39.60%,富映投資股份有限公司6,136,647股、15.69%,政坟股份有限公司3,548,795股、9.08%,財團法人天真基金會1,766,310股、4.44%。公司自有品牌為HONOR,主要市場為印度、歐洲、土耳其、中國大陸、美國;公司歷史上曾為東台精機集團子公司,東台於2023年釋股並在董事改選後喪失控制力,但截至可查資料仍為最大股東。

Business

榮田為高階大型立式工具機廠,主要產品包括電腦數控(CNC)立式車床、CNC立式車銑複合加工機、CNC龍門型立式車銑複合機、航太機件加工生產線、汽車與機車零件加工生產線、馬達電機框架與托架加工生產線,以及閥類、凡而、泵用立式精密雙軸搪孔機等。2024年產品營收比重為電腦數控車床新台幣1,071,055千元、占73%,電腦數控車銑複合加工機347,802千元、占24%,維修收入及其他37,556千元、占3%;2024年銷售地區為台灣4.53%、亞洲68.99%、美洲7.70%、歐洲12.05%、其他6.73%,外銷占比約95.47%。產品應用於航太、風電、軌道交通、汽車、一般機械、金屬品加工、電子與半導體等產業;2025年法說會列示主要產業客群為風電、軌道、航太、馬達、軸承、氫能源,並將半導體CMP研磨墊、腔體、濺鍍靶材、CMP晶圓夾持環等高精度零件加工列為新應用。商業模式以自有品牌HONOR、客製化大型機台、整廠整線自動化、智慧化/數位化產品與售後服務為核心,透過代理商、參展與直接服務拓展海外客戶;年報揭露平均回購比例高,2025法說會揭露平均回購比例69%。

Outlook 2025–2028

2025至2028年主要成長動能來自航太、軍工國防、軌道交通、風電/氫能源、半導體耗材與大型高階零件加工設備需求。公司2025年11月法說會指出,若關稅不確定性降低,有望加速客戶投資決策;市場需求正由單機走向複合功能與整廠整線自動化;地緣政治不確定性使各國持續投入軍工國防;新廠房預計2026年下半年加入營運;美國降息趨勢亦可能改善資本支出環境。公司年報亦表示能源與航太為未來數年重點市場,新能源車、再生能源與航太需求復甦有利工具機長期需求,且大型風電與大型航太零件帶動大型工具機需求。公開新聞報導指出新廠完工投產後產能可望增加約30%,公司接單動能包含航太、軌道、能源與半導體,並有智慧工廠方案與AI失效預測管理等產品加值方向。主要風險包括工具機景氣循環、客戶資本支出遞延、關稅與地緣政治造成出貨/投資決策不確定、日圓或歐洲同業價格競爭、匯率波動、原料與關鍵零組件成本變動、單一大型訂單認列造成營收波動,以及客戶集中度:2024年最大單一客戶占銷貨比重18.91%,2025年第一季最大單一客戶占25.37%。2026至2028年的具體營收與獲利數字未見公司正式長期財測,故不填具體預估值。

Supply Chain

Upstream
  • 穎杰鑄造工業股份有限公司 2024年年報揭露穎杰為主要進貨廠商之一;其產品為工具機鑄件、工作母機鑄件與產業機械零件齒輪箱,屬未上市櫃供應商。
  • 台灣發那科股份有限公司/FANUC 2024年年報揭露發那科為主要進貨廠商之一;FANUC供應CNC控制器、伺服馬達、機器人等,日本母公司為東京證交所上市公司,非台股掛牌。
  • 軸承、滾珠螺桿、五金零件等長期合作供應商 年報揭露主要原料為控制器、軸承、滾珠螺桿、鑄件及五金零件等,主要供應商皆屬長期配合且供應量充足;未逐一具名。
Downstream
  • 全球航太引擎Tier 1供應商及航太零件廠 公司產品用於航太零組件與航太引擎加工;新聞與法說資料提及取得全球航太引擎Tier 1供應商訂單,部分客戶未具名,非台股掛牌或無法確認掛牌地。
  • 歐洲新能源/氫能源與風電客戶 公司產品用於風電大型軸承、氫能源與能源工業加工;新聞提及歐洲新能源大廠訂單,年報列風電及能源為重點應用,客戶多為海外或未具名。
  • 軌道交通設備客戶 2025法說會列軌道交通為主要產業客群,客戶用途包含量產、自動化產線與維修;具名客戶未在可查公司正式資料中完整揭露。
  • 半導體耗材與高精度零件加工客戶 2025法說會列半導體產業應用,包括CMP研磨墊、腔體、濺鍍靶材、CMP晶圓夾持環等加工;客戶未具名。
  • 東昱(蘇州)精機有限公司 年報銷貨客戶表揭露東昱(蘇州)為關係人客戶,屬中國大陸公司,非台股掛牌。

Competitors

  • 程泰機械 1583 年報列為國內較具競爭力之工具機廠商,與榮田同屬CNC車床/工具機領域。
  • 瀧澤科 6609 年報列為國內較具競爭力之工具機廠商,產品包含CNC車床等。
  • 東台精機 4526 台灣工具機廠,也是榮田最大股東;年報台灣工具機區域廠商列表包含東台,與榮田在工具機市場存在部分產品與客戶重疊。
  • 日本及歐洲大型工具機廠商 年報指出榮田主要產品較有影響力的競爭對手國為日本及歐洲廠商;未在年報逐一具名,非台股掛牌。
  • 油機工業 年報台灣工具機主要區域及廠商列表包含油機工業,屬工具機廠;未確認為台股上市櫃公司,stock_id填null。
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.