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 1614 三洋電. Please read: https://finlab.finance/en/setup?stock=1614

No install, open FinLab Studio

1614

三洋電 Electrical & Cable As of 2026-06-17 Updated daily after market close

quality needs a look, fair valuation.

1 active signal
Foreign buy
This page refreshes daily after the close. Add 三洋電 to your watchlist to track signal changes on your next visit.
Valuation 58Quality 46Growth 12Momentum 26Chips 81

Is 三洋電 a buy? Fundamentals and valuation first

  • Weak profitability.Operating margin is in the 36th market percentile. Latest quarterly ROE ≈ 2.2%.

  • Valuation is neutral.PE is in the 52th market percentile; within its own history, PE is around the 16th percentile.

  • Foreign investors are net buying.Foreign 20-day net flow ≈ 6.2% of volume (net buy).

  • Signals are active now.On the latest data, signals such as Foreign net buying 5 straight days are active — see the historical forward returns after each occurrence below.

Chip flow

Bullish +0.35
BearishNeutralBullish

Single-sided accumulation, concentration rising — bullish

  • Single-sided accumulation, concentration rising — bullish
  • 國票證券 holds 369 lots
  • sellers have 86 lots left, ~60 sessions to clear

Window from 2026-01-17 · Price -6% · branches to 2026-06-17· TDCC to 2026-06-12

  • Largest holder 國票證券 has accumulated 369 lots since the start (sold 5%), holding.
  • Main distributor 摩根大通 peaked at 101 lots, has sold 43%, 58 left, ~17 sessions to clear at the recent pace.
  • TDCC big holders (absolute) >1000-lot holders +0.76pp, mid holders -2, retail +0.01pp — concentration shifting upward.
  • Foreign hedge-desk net short Net short -55 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
國票證券富邦-南屯富邦-彰化土銀-高雄凱基-市府花旗環球
Distributing
摩根大通凱基-三重凱基-台北台新-城東凱基-站前國泰-高雄
Desks
own scale
元大-復北元大-蘆洲中正福邦證券中國信託-忠孝
Price Accumulating & Distributing share one scale (comparable); Desks is independent. Zero is the baseline
Branch details Unit: lots

Accumulating

  • 國票證券 +369
    sold 5%
  • 富邦-南屯 +302
    sold 0%· still adding
  • 富邦-彰化 +227
    sold 0%· still adding
  • 土銀-高雄 +200
    sold 0%
  • 凱基-市府 +140
    sold 0%
  • 花旗環球 +135
    sold 6%· still adding

Distributing

  • 摩根大通 58 left
    sold 43%· ~17 sessions to clear
  • 凱基-三重 7 left
    sold 88%· paused recently
  • 凱基-台北 14 left
    sold 73%· ~11 sessions to clear
  • 台新-城東 11 left
    sold 70%· paused recently
  • 凱基-站前 16 left
    sold 56%· paused recently
  • 國泰-高雄 3 left
    sold 70%· ~5 sessions to clear

Desks

  • 元大-復北 -312
    unclassified
  • 元大-蘆洲中正 -307
    unclassified
  • 福邦證券 -250
    unclassified
  • 中國信託-忠孝 -243
    unclassified
Still selling 86 lots ~60 sessions to bottom at most
Recent buy/sell force +222 absorbed / -71 sold buyers slightly ahead
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.

Foreign net buying for 5 straight days

Active · now 5%

Foreign net flow (ex-dealer) positive for 5 straight days; event on day 5; repeats within 20 days counted once.

60 historical occurrences (since 2012-06-11)
Average forward return after Foreign net buying for 5 straight days。20-day: Win 46.6%, Sample 58, Median 0%, Excess -1.11%, Beat mkt rate 34.5%；60-day: Win 49.1%, Sample 57, Median 0%, Excess -4.18%, Beat mkt rate 29.8%；120-day: Win 46.4%, Sample 56, Median -1.04%, Excess -5.56%, Beat mkt rate 33.9%

120 days after: historical avg +0.77%

20-day +0.14%
60-day -0.72%
120-day +0.77%
20-day
60-day
120-day
Win
46.6%
49.1%
46.4%
Sample
58
57
56
Median
0%
0%
-1.04%
Excess
-1.11%
-4.18%
-5.56%
Beat mkt rate
34.5%
29.8%
33.9%

Over 56 occurrences, 120-day forward avg gained 0.77%, lagged the market by 5.56 pts; win rate 46.4%.

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 here482+4.5% +4.6% 77.8% -10.3%
20-40 727+5.9% +2.7% 57.8% -1.5%
40-60 832+3.5% +4.1% 73.4% -11.2%
60-80 460+9.2% +10.3% 71.5% -12.4%
80-100 522-7.1% -10.5% 17.6% -36.1%

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 ≈ 24.17, at the 16.2th 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
+1.1%
Win rate 52.2% Excess -6%
341d
+3.7%
Win rate 65.6% Excess -3.5%
818d
-1.5%
Win rate 43.8% Excess -9.8%
523d
60-day momentum down
Now
+0.3%
Win rate 50.2% Excess -5.9%
562d
+3.6%
Win rate 50% Excess -9%
576d
-1.2%
Win rate 39.9% Excess -11%
321d

Currently in “Cheap (own-history bottom 1/3) × 60-day momentum down”: across 562 historical days, 120-day forward avg gained 0.3%, win rate 50.2%, lagged the market by 5.9%.

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.

21 times historically; 60-day forward avg +0.42%, win rate 42.9%, beating the market by -4.81 pts on average.

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).

37 times historically; 60-day forward avg +2.42%, win rate 51.5%, beating the market by +0.27 pts on average.

What does 三洋電 do? Company profile

電器電纜業；家電製造與銷售、不動產租賃 台灣證券交易所上市

Overview

1614 對應證券為台灣證券交易所上市普通股「三洋電」，公司全名台灣三洋電機股份有限公司，英文名 Taiwan Sanyo Electric Co., Ltd.。公司原於1955年8月設立大立電機股份有限公司，1963年2月13日改組並與日本三洋電機株式會社合作成立台灣三洋電機股份有限公司；股票於1997年9月18日在臺灣證券交易所上市。總公司位於台北市中山區松江路266號10樓，主要工廠位於新北市泰山區貴鳳街35號；董事長為李文峰，總經理為李文琳。實收資本額約新台幣26.91億元，發行股數269,113,406股；2024年年報揭露截至2025年4月28日員工986人，2024年永續報告書揭露截至2024年12月31日員工1,095人，兩者口徑與時點不同。重要子公司與集團架構包括三洋全能100%、守基投資100%、正和68.95%。主要股東依公司2024年年報揭露之2024年4月15日資料為能率投資9.77%、志松投資9.48%、名德投資4.90%、安立國際投資4.65%、錫祿國際3.69%、守基投資2.87%、傑森兄弟1.97%、正芬實業1.96%、富錦投資1.88%、李文峰1.72%；公司官網另揭露114年股東會資料已可查，但本研究未逐項重算最新前十大股東比例。

Business

公司主要經營電冰箱、冷凍櫃、洗衣機、乾衣機、冷暖氣機、液晶顯示器、小家電、醫療冷凍櫃等家電產品之研發、製造、銷售，以及商業大樓出租、不動產開發與租賃。2024年合併營業淨額5,689,785仟元，其中內銷5,188,051仟元、外銷247,416仟元、租賃收入254,318仟元；年報按營業比重列示為電化產品98.02%、無線產品3.97%、其他家電產品及折讓-6.88%、租賃收入4.89%，內銷、外銷及租賃收入比重分別為91.18%、4.35%、4.47%。2025年法說會揭露2024年營業項目為家電產品95.53%、租賃收入4.47%；家電品項銷售比重約為冷氣機41.87%、洗衣機19.22%、冰箱18.19%、冷凍櫃10.23%、其他產品7.07%、顯示器3.41%。商業模式以自有品牌SANLUX及原有品牌資產、MIT製造能力、全台近2,000家通路、傳統經銷商、連鎖店、大賣場、網路平台、23個服務據點與4大修理廠支撐銷售及售後服務；外銷主要為冷凍醫療櫃、零附件等，銷往美國、荷蘭、日本、加拿大、新加坡、澳洲等地。公司無單一占銷貨總額10%以上之客戶，顯示下游客戶分散。

Outlook 2025–2028

2025至2028年展望以節能家電、智慧化功能、通路與服務、資產活化、供應鏈成本控管為主軸。成長動能方面，政府節能家電汰舊換新與貨物稅退稅、電價上升、消費者節能意識提升，將支撐一級能效冷氣、冰箱、洗衣機需求；公司2025法說會指出國家能源政策、住宅用電節能政策、空調與冰箱汰換補助及智慧電表普及，均有利節能及智慧家電需求。產品面，公司已開發或規劃R32冷媒窗型與分離式變頻冷暖機種、二/三門變頻冰箱、醫療冷凍櫃、洗劑自動投入與玻璃觸控洗衣機；未來研發計畫包括一級能效冷氣、防銹與空氣清淨功能、智慧家電附加功能、不同容積與新增功能冰箱、新功能洗衣機。2025年1至5月法說會資料顯示冷氣與洗衣機銷售金額分別年增12.34%與7.11%，冰箱與冷凍櫃則年減，反映產品結構仍受季節、補助與消費力影響。資產面，公司泰山工廠約23,031坪涉及新北市輔大周邊工業區專案通盤檢討及都市計畫程序，高雄岡山廠區部分規劃待出租，三峽廠區規劃遷廠使用，若都市計畫及出租進展順利，2026至2028年有機會提升資產使用效率與租金收益，但時程取決於主管機關審議。主要風險包括台灣家電市場成熟、品牌眾多且價格競爭激烈，中國、東南亞、韓國等進口低價產品競爭，台幣匯率、海運費、原物料、工資與關稅造成成本壓力，國內通膨與財富效果不確定壓抑消費，且公司2024年稅後淨利已受毛利壓縮影響。2026至2028的量化營收或獲利預測，公司公開資料未提供，本段對2026至2028之敘述為依公司已揭露策略、產品線與產業趨勢所作之研究推估。

Supply Chain

Upstream
  • 三洋全能股份有限公司 重要子公司及主要供應商；2024年進貨2,270,098仟元，占進貨淨額52.73%，2025年第1季占47.98%；未上市櫃。
  • 奇精 公司年報列為洗衣機相關零組件進口來源之一；未確認為台股上市櫃公司。
  • 草津 公司年報列為洗衣機相關零組件進口來源之一；未確認為台股上市櫃公司。
  • 偕得 公司年報列為洗衣機相關零組件進口來源之一；未確認為台股上市櫃公司。
  • 國內外原物料與零組件供應商 提供冷媒、壓縮機、風扇馬達、冷卻器、蒸發器、毛細管、起動器、乾燥過濾器、電子基板、銅管、鋁片、鐵板、矽鋼片、微電腦組件、電線、塑膠零件、粉體塗料、面板與晶片等；2024年永續報告書揭露供應商383家，國內339家、國外44家，國內採購金額占比50%。
Downstream
  • 傳統經銷商、連鎖店、大賣場與網路平台 公司主要內銷通路；年報揭露銷售通路遍佈全台近2,000家，並透過經銷商、連鎖店、大賣場、網路平台銷售。
  • 售後服務據點與修理廠 公司自有服務體系；年報與法說會揭露全台23個服務據點與4大修理廠，支援安裝、維修與客戶服務。
  • 海外醫療冷凍櫃與零附件客戶 外銷主要市場包括美國、荷蘭、日本、加拿大、新加坡、澳洲等；未揭露單一客戶名稱，且無占銷貨總額10%以上客戶。

Competitors

  • 聲寶股份有限公司 1604 台灣上市本土家電品牌之一，與三洋電在冷氣、冰箱、洗衣機、顯示器及小家電市場競爭。
  • 東元電機股份有限公司 1504 台灣上市公司，經營馬達、空調與家電等，為本土家電品牌競爭者之一。
  • 大同股份有限公司 2371 台灣上市公司，經營家電、電力設備與系統事業，為傳統本土家電品牌競爭者。
  • 禾聯碩股份有限公司 5283 台灣上市家電品牌，主力包含空調、液晶顯示器與生活家電；2019年上市後與東元、聲寶、三洋電、大同並稱本土家電五雄。
  • 國際家電品牌 Panasonic、LG、Samsung、日立、Daikin 等 非台股上市櫃或台灣未掛牌之跨國品牌，在冷氣、冰箱、洗衣機、顯示器與小家電市場與三洋電競爭。
Sources（12）

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.