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Help me set up FinLab and analyze 2732 六角. Please read: https://finlab.finance/en/setup?stock=2732

2732

六角 Tourism & Hospitality As of 2026-06-17 Updated daily after market close

steady quality, fair valuation.

1 active signal
This page refreshes daily after the close. Add 六角 to your watchlist to track signal changes on your next visit.
Valuation 59Quality 56Growth 69Momentum 22Chips 15

Is 六角 a buy? Fundamentals and valuation first

  • Above-average profitability.Operating margin is in the 49th market percentile. Latest quarterly ROE ≈ 2.8%.

  • Valuation is neutral.PE is in the 65th market percentile; within its own history, PE is around the 86th percentile.

  • Foreign investors are net selling.Foreign 20-day net flow ≈ -3.5% of volume (net sell).

  • Strong revenue growth.Latest monthly revenue YoY ≈ 24.3%, 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 +0.59
BearishNeutralBullish

Single-sided accumulation, concentration rising — bullish

  • Single-sided accumulation, concentration rising — bullish
  • 永豐金-中正 holds 376 lots
  • sellers have 40 lots left, ~40 sessions to clear

Window from 2026-01-17 · Price -5% · branches to 2026-06-17· TDCC to 2026-06-12

  • Largest holder 永豐金-中正 has accumulated 376 lots since the start (sold 0%), still adding.
  • Main distributor 新光-新竹 peaked at 41 lots, has sold 29%, 29 left, paused recently.
  • TDCC big holders (absolute) >1000-lot holders +0.50pp, mid holders +1, retail -1.57pp — concentration shifting upward.
  • Foreign hedge-desk net short Net short -111 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
永豐金-中正富邦-南員林凱基-士林(牛牛牛)亞-網路中國信託-松江台灣企銀-屏東
Distributing
新光-新竹元大-新莊元大-台南華南永昌-內壢元大-中壢光和
Desks
own scale
港商野村永豐金證券國泰-台南國泰-敦南
Price Accumulating & Distributing share one scale (comparable); Desks is independent. Zero is the baseline
Branch details Unit: lots

Accumulating

  • 永豐金-中正 +376
    sold 0%· still adding
  • 富邦-南員林 +110
    sold 0%
  • 凱基-士林 +70
    sold 0%
  • (牛牛牛)亞-網路 +47
    sold 6%
  • 中國信託-松江 +47
    sold 0%· still adding
  • 台灣企銀-屏東 +35
    sold 0%· still adding

Distributing

  • 新光-新竹 29 left
    sold 29%· paused recently
  • 元大-新莊 2 left
    sold 88%· ~2 sessions to clear
  • 元大-台南 4 left
    sold 73%· ~40 sessions to clear
  • 華南永昌-內壢 2 left
    sold 83%· paused recently
  • 元大-中壢 6 left
    sold 50%· ~10 sessions to clear
  • 光和 4 left
    sold 67%· paused recently

Desks

  • 港商野村 -99
    hedge desk · will cover
  • 永豐金證券 -74
    unclassified
  • 國泰-台南 -55
    unclassified
  • 國泰-敦南 -53
    day-trade · selling pressure
Still selling 40 lots ~40 sessions to bottom at most
Recent buy/sell force +282 absorbed / -37 sold buyers slightly ahead
Hedge-desk net short -10 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)

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

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 24.29%

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

66 historical occurrences (since 2015-01-20)
Average forward return after Monthly revenue YoY ≥ 20% (from filing deadline)。20-day: Win 52.8%, Sample 53, Median +0.31%, Excess +0.46%, Beat mkt rate 41.5%;60-day: Win 43.1%, Sample 51, Median -0.46%, Excess +1.59%, Beat mkt rate 35.3%;120-day: Win 57.1%, Sample 49, Median +1.85%, Excess +10.72%, Beat mkt rate 46.9%

120 days after: historical avg +15.32%

20-day +1.75%
60-day +5.12%
120-day +15.32%
20-day
60-day
120-day
Win
52.8%
43.1%
57.1%
Sample
53
51
49
Median
+0.31%
-0.46%
+1.85%
Excess
+0.46%
+1.59%
+10.72%
Beat mkt rate
41.5%
35.3%
46.9%

Over 49 occurrences, 120-day forward avg gained 15.32%, beat the market by 10.72 pts; win rate 57.1%.

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)
0-20 234+49.6% +5.2% 56.4% +13.1%
20-40 208+8.4% -19.5% 18.8% -13.5%
40-60 296-11.4% -22.8% 19.3% -38.6%
60-80 381+8.5% -7.3% 40.4% -21.1%
80-100 You are here669+10.3% -5.4% 45.7% +1.9%

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 ≈ 33.8, at the 85.9th percentile of its own history (80-100 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
+19.9%
Win rate 29% Excess +1.3%
69d
+4.2%
Win rate 20.7% Excess -4.4%
184d
+8.1%
Win rate 42.9% Excess +0.4%
550d
60-day momentum down
+23.3%
Win rate 67.6% Excess +7.5%
281d
-9.8%
Win rate 8% Excess -19.6%
323d
Now
-1%
Win rate 43.3% Excess -12.1%
501d

Currently in “Expensive (own-history top 1/3) × 60-day momentum down”: across 501 historical days, 120-day forward avg declined 1%, win rate 43.3%, lagged the market by 12.1%.

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.

12 times historically; 60-day forward avg +11.02%, win rate 58.3%, beating the market by +8.73 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.

40 times historically; 60-day forward avg +2.79%, win rate 40%, beating the market by -0.2 pts on average.

What does 六角 do? Company profile

觀光餐旅/連鎖餐飲 上櫃(櫃買中心 TPEx)

Overview

2732 對應證券為六角國際事業股份有限公司普通股,簡稱六角,英文簡稱 La Kaffa,市場別為上櫃。公司成立於 2004 年 2 月 16 日,2015 年 1 月 20 日上櫃掛牌;總部位於新竹縣竹北市高鐵九路98號。董事長兼總經理為王耀輝,發言人為謝婷韻,股務代理為永豐金證券,簽證會計師事務所為勤業眾信。依公開股市基本資料,股本約新台幣465,185,700元,已發行普通股約46,518,570股。依 2024 年度年報,2024 年集團合併營收為新台幣4,013,618仟元,稅後每股盈餘4.79元;截至 2025 年 3 月 31 日,從業員工合計1,968人,其中行政管理292人、門市正職563人、門市兼職1,113人。主要股東資訊可確認者包含亨泰國際投資控股有限公司持股約14.62%、寬容投資有限公司持股約12.56%,年報並揭露王麗玉、王耀輝及其投資公司間之法人股東關係;公開股市資料另顯示董監持股比例約30.73%。

Business

六角是以「國際餐飲品牌平台」為定位的連鎖餐飲集團,業務橫跨手搖茶飲、烘焙甜點、輕食、越式料理、日式豬排、牛肉麵、炸牛排、日式餃子、韓式炸雞等。自有及經營品牌包含 Chatime 日出茶太、春上布丁蛋糕、Bake Code 烘焙密碼、Engolili 英格莉莉、Merry Pho 等;代理或投資經營品牌包含銀座杏子日式豬排、段純貞牛肉麵、大阪王將、京都勝牛、橋村炸雞等,並於 2025 年收購翰林茶館,強化茶飲品牌矩陣。商業模式包含國內直營與加盟、海外區域代理與加盟、品牌委任代理經營、股權戰略合作、原物料供應鏈整合。2024 年營收結構為直營收入新台幣2,047,918仟元、占51.02%;加盟、代理及其他相關收入新台幣1,965,700仟元、占48.98%。公司處於餐飲產業鏈中下游,向上游採購咖啡豆、濃縮果汁、茶葉、粉圓、包材等,透過研發、品牌管理與標準化作業,供應直營店、加盟商、區域代理商及一般消費者。主要終端應用為外帶茶飲、內用餐飲、烘焙伴手禮、外送與快銷商品;年報指出公司已成立電商部門並推出超過30項 FMCG 快銷商品。

Outlook 2025–2028

2025 年至 2028 年展望以多品牌、全球化與供應鏈整合為主軸。2025 年公司規劃 Chatime 日出茶太加速展店,市場新聞引述董事長王耀輝表示 2025 年全球預計淨增加約120家以上門市,既有業務營收增長率約10%,若納入翰林茶館併購挹注,合併營收成長有望更高;但中國市場因消費降級與門市縮減仍是挑戰。2025 年實際全年合併營收據 2026 年新聞報導約43億元、年增約7.13%,毛利率仍維持高檔約52%,但上半年海外門市重整與一次性費用影響獲利。2026 年公司展望轉向復甦與雙位數成長,成長動能包括翰林茶館、養心餐飲、Germany BoBoQ 併入貢獻,台灣直營門市挑戰突破200家,海外總店數以雙位數成長為目標;印尼代理商續約15年並規劃新增300家門市,是海外核心成長點。歐洲方面,併購 Germany BoBoQ 有助整合茶葉、粉圓、爆爆珠等歐洲手搖飲原物料供應,並拓展義大利、捷克、保加利亞、埃及、斯里蘭卡等市場;美國方面,公司規劃以 Chatime 建立滲透率,並導入春上布丁蛋糕,在休士頓設立直營門市,建立北美品牌營運模型。2027 至 2028 年可合理推估的主軸為:Chatime 與翰林雙茶飲品牌國際化、餐食品牌透過王座國際持續展店、歐洲 BoBoQ 供應鏈與代理網路發酵、FMCG 與數位會員平台提升全通路營收;但 2027 至 2028 年公司未提供具體財測,屬研究推估。主要風險包括全球手搖飲競爭白熱化、加盟主展店意願受利率與景氣影響、食品安全與各國法規、原物料價格與匯率波動、中國市場需求疲弱、併購整合與海外管理複雜度、直營展店初期成本墊高。

Supply Chain

Upstream
  • 天恩粉圓股份有限公司 六角 2020 年併購之粉圓製造子公司,屬上游物料垂直整合;未上市櫃。
  • Germany BoBoQ/BoBoQ 六角 2026 年起納入營運貢獻的德國手搖飲原物料供應商,供應茶葉、粉圓、爆爆珠等並協助歐洲市場拓展;非台股上市櫃。
  • 茶葉、咖啡豆、濃縮果汁、農產品與包材供應商 年報僅以類別揭露上游供應,未揭露完整供應商名稱;公司表示會依價格、品質、食品安全與市場需求選擇供應來源。
Downstream
  • 國內直營門市與一般消費者 直營收入為 2024 年最大營收來源,占合併營收51.02%;終端為台灣門市消費、外帶、外送與內用。
  • 海外區域代理商與加盟主 Chatime 日出茶太等品牌在海外以區域代理與加盟拓展,客戶遍及亞洲、大洋洲、美洲、歐洲等市場;多數代理商非台股上市櫃。
  • 王座國際餐飲股份有限公司 2751 六角集團餐食事業平台,經營或代理段純貞、銀座杏子、大阪王將、京都勝牛、橋村炸雞等品牌;為台股上櫃公司,與六角具轉投資與管理關係。
  • 翰林茶館/翰林國際企業股份有限公司 六角 2025 年收購之茶飲與餐飲品牌,作為國內茶飲與東方茶文化通路,未上市櫃。

Competitors

  • 王品集團 2727 台股上市連鎖餐飲集團,與六角餐食品牌在台灣餐飲市場競爭。
  • 瓦城泰統集團 2729 台股上市連鎖餐飲集團,與六角旗下餐食品牌競爭商場與百貨餐飲點位。
  • 美食-KY 2723 台股上市餐飲與烘焙通路公司,旗下 85度C 等品牌與六角烘焙、飲品業務在部分市場重疊。
  • 八方雲集 2753 台股上市連鎖餐飲公司,以加盟與直營模式擴張,與六角餐食平台在大眾餐飲市場競爭。
  • 築間餐飲集團 7723 台股上櫃餐飲集團,多品牌展店模式與六角餐食業務存在競爭。
  • 亞洲藏壽司 2754 台股上市餐飲連鎖公司,在百貨商場與連鎖餐飲市場競爭。
  • 50嵐 台灣手搖飲主要品牌,未上市櫃,與 Chatime、翰林茶館在茶飲市場競爭。
  • CoCo 都可 手搖飲國際品牌,非台股上市櫃,年報列為台灣市場主要競爭者之一。
  • 可不可熟成紅茶 台灣手搖飲品牌,未上市櫃,年報列為飲料市場主要品牌。
  • 麻古茶坊 台灣手搖飲品牌,未上市櫃,年報列為飲料市場主要品牌。
  • 五桐號 台灣手搖飲品牌,未上市櫃,年報列為飲料市場主要品牌。
Sources(10)

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.