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 2006 東和鋼鐵. Please read: https://finlab.finance/en/setup?stock=2006
2006
steady quality, discounted valuation, no active signal today.
Is 東和鋼鐵 a buy? Fundamentals and valuation first
-
Above-average profitability.Operating margin is in the 63th market percentile. Latest quarterly ROE ≈ 3.6%.
-
Valuation is low.PE is in the 8th market percentile; within its own history, PE is around the 16th percentile.
-
Foreign investors are net buying.Foreign 20-day net flow ≈ 9.6% of volume (net buy).
Chip flow
Distribution, concentration falling — bearish
Window from 2026-01-17 · Price -2% · branches to 2026-06-17· TDCC to 2026-06-12
- Largest holder 摩根大通 has accumulated 9,062 lots since the start (sold 0%), still adding.
- Main distributor 台灣摩根士丹利 peaked at 8,812 lots, has sold 78%, 1,925 left, paused recently.
- TDCC big holders (absolute) >1000-lot holders -1.30pp, mid holders +17, retail +0.57pp — little change.
- Foreign hedge-desk net short Net short -343 lots (inferred from branch profile, mostly hedging — not necessarily bearish, not case-confirmed).
Accumulating
- 摩根大通 +9,062
- 美林 +5,080
- 合庫證券 +4,771
- 新加坡商瑞銀 +4,496
- 台灣企銀 +3,492
- 華南永昌-中正 +1,830
Distributing
- 台灣摩根士丹利 1,925 left
- 美商高盛 2,004 left
- 花旗環球 971 left
- 港商野村 396 left
- 法銀巴黎 176 left
- 彰銀-台中 141 left
Desks
- 永豐金證券 -5,962
- 台新證券 -2,873
- 富邦證券 -2,246
- 凱基 -2,234
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
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 band | Sample days | 240-day avg return | Median | Win rate | Avg excess (vs index) |
|---|---|---|---|---|---|
| 0-20 You are here | 777 | +13.5% | +8.9% | 63.3% | -5.3% |
| 20-40 | 885 | +19.6% | +3.7% | 56.9% | -3.4% |
| 40-60 | 666 | +7.3% | +3.4% | 59.9% | -3.4% |
| 60-80 | 413 | +18.8% | +18.4% | 63.7% | +5.5% |
| 80-100 | 207 | +11.4% | +9.6% | 73.4% | +3.8% |
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 ≈ 10.5, at the 15.9th 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.
Currently in “Cheap (own-history bottom 1/3) × 60-day momentum down”: across 635 historical days, 120-day forward avg gained 9.2%, win rate 69.4%, lagged the market by 2.3%.
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)
PendingAdjusted close makes a new 252-day high; repeats within 20 days counted once.
25 times historically; 60-day forward avg +2.36%, win rate 52%, beating the market by -1.85 pts on average.
Monthly revenue YoY ≥ 20% (from filing deadline)
PendingMonthly revenue YoY ≥ 20%; event date is the first trading day after the filing deadline (no look-ahead).
72 times historically; 60-day forward avg -0.29%, win rate 50%, beating the market by +0.02 pts on average.
Foreign net buying for 5 straight days
PendingForeign net flow (ex-dealer) positive for 5 straight days; event on day 5; repeats within 20 days counted once.
70 times historically; 60-day forward avg +1.43%, win rate 42.6%, beating the market by -2.71 pts on average.
What does 東和鋼鐵 do? Company profile
Overview
東和鋼鐵為台股上市普通股，代號2006，屬鋼鐵工業。公司成立於1962年5月30日，掛牌上市日期為1988年7月13日，總公司位於台北市長安東路一段9號6樓；主要生產據點包含桃園、苗栗、高雄、台中港物流中心與桃園加工中心，並透過Tung Ho Steel Vietnam Corp., Ltd.布局越南。董事長為侯傑騰，總經理為黃炳樺。股本約新台幣73.021億元，已發行普通股約730,213,818股。依114年年報，截至年報刊印日，集團員工總數3,153人，其中母公司2,147人、子公司1,006人；正式員工平均年齡42.71歲、平均服務年資12.36年。主要股東包含伸原投資14.89%、懋昇投資8.92%、和昭投資8.61%、元大台灣高股息基金專戶4.67%、元大台灣高股息低波動ETF專戶1.95%、宇泰投資1.78%、宇泰寰宇投資1.18%、公務人員退休撫卹基金管理局1.08%、吉城投資1.04%、良城投資1.03%。公司另持有東鋼鋼結構約97.48%、嘉德創資源約99.02%、東鋼風力發電100%、Tung Ho Steel Vietnam Corp., Ltd. 100%。
Business
公司為電爐煉鋼與軋鋼一貫廠，母公司主要業務包括鋼筋、扁鐵、角鐵、槽鐵、盤元及其他鋼製品製造加工銷售；型鋼、合金鋼、工具鋼、高碳鋼與特殊鋼製造加工銷售；鋼鐵冶煉、軋製、熱處理、烤漆、電鍍及加工；鋼板、棒鋼、鋼軌及鋼構物設計製造加工買賣。子公司業務涵蓋鋼構工程、廢棄物資源回收、風力發電、越南鋼胚/鋼筋/小型鋼/線材、生石灰及營造工程。114年營收結構為鋼筋51.53%、型鋼21.60%、鋼胚0.00%、其他26.87%；型鋼包含H型鋼、鋼板、槽鋼、I型鋼、鋼板樁，其他主要為鋼結構、工程收入、定尺及成型鋼筋加工、環保處理、銑鐵、續接器材料及生石灰。商業模式以國內營建、公共工程、廠辦/商辦與高科技廠房需求為核心；鋼筋多出貨給國內營造及工程客戶，型鋼採經銷制，鋼構由子公司承接工程案。主要客戶分散，114年無單一客戶超過銷貨10%；前十大客戶包含台積電、立達鋼鐵、中麟營造、SANWA PTY LTD.、三井工程、誠鋼實業、華熊營造、勇立興、高吉貿易、大陸工程等。主要原料為廢鋼、鋼胚、鋼板、型鋼、石灰石、無煙煤等；東和鋼鐵廢鋼與鋼胚主要進口地區為美國、中南美洲、日本、越南等，供應狀況揭露為良好；114年前十大供應商包含恆宇鋼鐵、中鋼、SIMS、SD、METALC、ALCO、DAEHAN STEEL、THÉP SÔNG HẬU、CMC、鴻潤實業。
Outlook 2025–2028
2025年公司合併營收578.55億元，年減3.84%，但稅後淨利47.58億元、年增5.13%，EPS 6.47元，主因本體與東鋼鋼結構穩健、東鋼越南虧損收斂及部分轉投資改善。2026至2028年主要動能包含：一、東鋼鋼結構受惠高科技廠房、商辦與大型工程，2026年訂單已滿，訂單能見度至2027年第三季，將支撐鋼構與型鋼需求；二、越南廠在當地基礎建設公共支出加大下，鋼筋品牌接受度提高，並可供應台灣高雄廠鋼胚，若風險控管延續，有機會降低虧損或轉為貢獻；三、低碳電爐、廢鋼回收、節能設備、再生能源、EPD/TCFD/CDP/SASB等永續布局，有助因應碳費與國際低碳鋼需求；四、研發方向包含高清淨度及高韌性鋼胚、厚度50mm SM570鋼板、高強度鋼筋、超高強度鋼材、H型鋼/鋼板線上量測、智能燃燒、電爐低碳製程、廢氣餘熱ORC發電、鋼胚ID追蹤、自動化機械手臂與AI智能化生產。主要風險與挑戰包含中國、印度與東南亞鋼鐵產能過剩及低價出口，國際鋼價波動，進口鋼材競爭，能源、電價、天然氣與碳費成本上升，匯率與原物料價格波動，民間住宅建築需求受政策及景氣影響，缺工與3K產業人力老化，以及地緣政治、關稅與全球貿易壁壘不確定性。2027至2028年具體財務預測公司未公開，本文僅依年報、法說與產業趨勢推估營運方向。
Supply Chain
- 台積電 2330 114年前十大客戶之一，為子公司東鋼鋼結構客戶，需求主要來自高科技廠房鋼構工程；台股上市公司。
- 立達鋼鐵 114年前十大客戶之一，母公司客戶，推估為鋼材經銷或加工通路；未確認為台股上市櫃公司。
- 中麟營造 114年前十大客戶之一，母公司及東鋼鋼結構客戶，營造工程應用；未確認為台股上市櫃公司。
- 三井工程 114年前十大客戶之一，母公司及東鋼鋼結構客戶，工程/鋼構應用；未確認為台股上市櫃公司。
- 華熊營造 114年前十大客戶之一，母公司及東鋼鋼結構客戶，營造工程應用；未確認為台股上市櫃公司。
- 大陸工程 114年前十大客戶之一，母公司及東鋼鋼結構客戶，營造工程應用；未上市公司。
- SANWA PTY LTD. 114年前十大客戶之一，母公司及東鋼越南客戶；境外公司，非台股掛牌。
Competitors
Sources（7）
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.