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Help me set up FinLab and analyze 3432 台端. Please read: https://finlab.finance/en/setup?stock=3432

3432

台端 Electronic Components As of 2026-06-17 Updated daily after market close

quality needs a look, discounted valuation.

1 active signal
This page refreshes daily after the close. Add 台端 to your watchlist to track signal changes on your next visit.
Valuation 48Quality 10Growth 97Momentum 64Chips 61

Is 台端 a buy? Fundamentals and valuation first

  • Weak profitability.Operating margin is in the 12th market percentile. Latest quarterly ROE ≈ -3.2%.

  • Valuation is low.PE is in the 6th market percentile; within its own history, PE is around the 15th percentile.

  • Foreign investors are net buying.Foreign 20-day net flow ≈ 2.0% of volume (net buy).

  • Strong revenue growth.Latest monthly revenue YoY ≈ 218.0%, 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

Bearish -0.42
BearishNeutralBullish

Distribution to retail — bearish

  • Distribution to retail — bearish
  • 玉山-士林 holds 510 lots
  • sellers have 140 lots left, ~130 sessions to clear

Window from 2026-01-17 · Price -4% · branches to 2026-06-17· TDCC to 2026-06-12

  • Largest holder 玉山-士林 has accumulated 510 lots since the start (sold 0%), holding.
  • Main distributor 凱基-台北 peaked at 174 lots, has sold 87%, 23 left, ~33 sessions to clear at the recent pace.
  • TDCC big holders (absolute) >1000-lot holders -3.04pp, mid holders -1, retail +3.02pp — drifting down to retail.
  • Foreign hedge-desk net short Net short -88 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
玉山-士林凱基-中港第一金-光復富邦-八德富邦-高雄台新-台北
Distributing
凱基-台北台灣摩根士丹利新光統一-中壢臺銀-臺南美商高盛
Desks
own scale
國票-敦北法人光和-高雄永豐金-鳳山元大-嘉義
Price Accumulating & Distributing share one scale (comparable); Desks is independent. Zero is the baseline
Branch details Unit: lots

Accumulating

  • 玉山-士林 +510
    sold 0%
  • 凱基-中港 +162
    sold 0%
  • 第一金-光復 +138
    sold 0%· still adding
  • 富邦-八德 +121
    sold 0%· still adding
  • 富邦-高雄 +102
    sold 3%
  • 台新-台北 +101
    sold 0%

Distributing

  • 凱基-台北 23 left
    sold 87%· ~33 sessions to clear
  • 台灣摩根士丹利 19 left
    sold 69%· paused recently
  • 新光 41 left
    sold 28%· paused recently
  • 統一-中壢 7 left
    sold 87%· paused recently
  • 臺銀-臺南 30 left
    sold 40%· ~30 sessions to clear
  • 美商高盛 36 left
    sold 25%· ~36 sessions to clear

Desks

  • 國票-敦北法人 -1,284
    unclassified
  • 光和-高雄 -144
    unclassified
  • 永豐金-鳳山 -62
    unclassified
  • 元大-嘉義 -60
    unclassified
Still selling 140 lots ~130 sessions to bottom at most
Recent buy/sell force +165 absorbed / -61 sold buyers slightly ahead
Hedge-desk net short -19 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)

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 217.96%

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

66 historical occurrences (since 2010-12-30)
Average forward return after Monthly revenue YoY ≥ 20% (from filing deadline)。20-day: Win 44%, Sample 50, Median -0.79%, Excess -1.73%, Beat mkt rate 38%;60-day: Win 37.5%, Sample 48, Median -3.26%, Excess -6.09%, Beat mkt rate 22.9%;120-day: Win 46.7%, Sample 45, Median -3.7%, Excess -12.73%, Beat mkt rate 28.9%

120 days after: historical avg -0.27%

20-day +0.13%
60-day +0.3%
120-day -0.27%
20-day
60-day
120-day
Win
44%
37.5%
46.7%
Sample
50
48
45
Median
-0.79%
-3.26%
-3.7%
Excess
-1.73%
-6.09%
-12.73%
Beat mkt rate
38%
22.9%
28.9%

Over 45 occurrences, 120-day forward avg declined 0.27%, lagged the market by 12.73 pts; win rate 46.7%.

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 here212-15% -11.1% 2.4% -28.4%
20-40 171+9.8% +3.2% 67.3% -13.8%
40-60 239+24.5% +18% 95% -3.7%
60-80 236+23.8% +11.8% 83.5% +19.7%
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 ≈ 7.65, at the 14.8th 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
Now
-2.6%
Win rate 20% Excess -5.3%
165d
+3.1%
Win rate 57.3% Excess -7.4%
213d
-1.8%
Win rate 42.2% Excess -13.5%
102d
60-day momentum down
+5%
Win rate 38.5% Excess -1.4%
239d
+23.2%
Win rate 83.1% Excess +17.7%
219d
+11.3%
Win rate 97.5% Excess +4.4%
40d

Currently in “Cheap (own-history bottom 1/3) × 60-day momentum up”: across 165 historical days, 120-day forward avg declined 2.6%, win rate 20%, lagged the market by 5.3%.

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.

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.

19 times historically; 60-day forward avg -2.55%, win rate 38.9%, beating the market by -7.81 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.

35 times historically; 60-day forward avg +2.17%, win rate 47.1%, beating the market by -2.53 pts on average.

What does 台端 do? Company profile

電子零組件業;連接器與電動二輪移動解決方案 上市(台灣證券交易所)

Overview

台端興業股份有限公司股票代號3432,為台灣證券交易所上市普通股。公司成立於1988年5月24日,2004年7月23日公開發行,2009年12月25日興櫃,2010年12月30日上市。官方公司基本資料列示總部地址為新北市中和區中正路880號13樓,董事長陳帝生,總經理林樂賢,發言人鄭佩琪,統一編號22928881,實收資本額新台幣422,300,000元,已發行普通股42,230,000股,其中含私募6,230,000股,主要經營業務登載為連接器。112年度年報揭露截至113年3月31日合併從業員工17人,其中管理人員14人、技術人員3人。113年4月29日前十大股東資料顯示主要股東包括統量電能股份有限公司14.75%、林樂堯12.43%、樂美投資股份有限公司10.34%、劉美惠7.31%、拓漢資本股份有限公司4.74%、群益金鼎受託保管群益證券香港群益託管專戶3.64%、美詩樂股份有限公司3.61%、林詩凱2.50%、林詩涵2.39%、劉美月1.99%。公司沿革顯示1996年於東莞設立台端電子、2007年於昆山設立前端電子,2024年成立電動二輪事業群。

Business

台端早期以精密模具、端子、連接器與客製化電子零件為核心,連接器事業部產品涵蓋卡類連接器、USB連接器、Board-to-Board連接器、散熱模組、客製化電子零件等,應用於消費性電子、筆電、通訊/網路、工業設備與車用電子。112年度年報揭露2023年合併營收新台幣16,567千元,其中連接器類14,273千元、占86%,其他2,294千元、占14%;銷售地區以內銷含台灣、大陸及港澳為主,2023年內銷15,528千元、占94%,外銷1,039千元、占6%。113年法說會顯示2024年前三季營業收入32,130千元,其中電子零組件事業群14,231千元、電動二輪車事業群17,857千元、其他42千元,代表電動二輪車已成為新增主要收入來源。公司官網表示目前核心業務轉向電動二輪整合服務,三大產品線為電動機車、微型電動二輪車、電動輔助自行車,並提供電池解決方案、售後維修服務、智慧車聯網、通路經營;產品與品牌/合作品牌包括SOKER、TUKU、Coswheel、Aspadz、Cybercycle,以及電動機車合作品牌Soco、宏佳騰Aeontek等。商業模式包含連接器OEM/ODM、電動二輪車ODM/OEM、自有品牌銷售、直營與加盟門市、代理經銷、電池與三電系統整合、售後服務。年報未揭露實名客戶,僅以A公司、B公司揭露2023年前兩大客戶分別占44%與26%;2024年第1季A公司與B公司分別占57%與25%,客戶集中度偏高。

Outlook 2025–2028

2025至2028年展望分為兩條主線。第一,連接器本業:年報指出PC與NB類需求疲弱,但雲端、行動寬頻、醫療、車用、綠能等非PC連接器需求增長;技術趨勢為細腳距、低背化、高頻化,並擴展至電競、智慧製造、智慧電網、雲端/物聯網、智慧車載、光纖、穿戴裝置等應用。台端短期計畫為拓展產品線深度與廣度、提高設計能力與品質效率、改善製程、強化委外加工廠品質控管、開發代理及國際貿易;長期計畫為擴充海外行銷網路、尋求國際大廠訂單、與廠商策略聯盟擴大產能、開發其他電子及非電子產品。第二,電動二輪轉型:113年法說會明列2025年發展目標主要產品為微型電動二輪車、E-Bike、電動機車,並規劃自有品牌TUKU微型電動車上市、直營/加盟門店啟動、社群與搜尋廣告、通路體系擴張。2025年公告月營收累計約155,289千元、年增229.29%;2026年1至5月累計營收約114,042千元、年增219.79%,顯示電動二輪車業務放大後營收基期明顯提高,但2026年第1季仍為虧損,營收成長尚未證明穩定獲利。產業動能包括台灣微型電動二輪車納管後掛牌數增加、城市短程移動、外送與物流、低碳交通、電池模組與智慧車聯網需求;供應鏈動能包括與桓鼎-KY、統量電能、佐茂、茁壯創能等合作。主要風險包括連接器成熟市場削價競爭、中國廠商成本與通路優勢、3C景氣循環與客戶集中、台端營運規模小且連年虧損、轉型電動二輪需要品牌行銷與通路投入、電動車法規與補助變動、電池安全與售後維修風險、供應鏈品質與委外管理風險。2028相關展望多屬推估;可查證資料僅顯示輝能、桓鼎能源、佐茂、統量電能合作計畫提到2028年前建立產業供應夥伴關係,台端是否直接受益仍需後續驗證。

Supply Chain

Upstream
  • 大陸台資廠及陸資廠等連接器原料、零件、半成品及成品供應商 112年度年報揭露連接器主要原料供應商以大陸台資廠及陸資廠為主,供應連接器原料、零件、半成品及成品;未揭露實名,故stock_id為null。
  • 桓鼎-KY 5543 上櫃公司;透過旗下能源與電池模組相關布局支援綠色移動,媒體報導台端產品核心動力系統源自桓鼎旗下佐茂與統量技術支援。
  • 統量電能股份有限公司 未上市公司;台端113年4月29日最大股東,持股14.75%;報導稱台端攜手統量導入三電系統整合技術,統量專注電動貨運自行車及三電系統。
  • 佐茂股份有限公司 興櫃公司,非上市櫃,故stock_id為null;桓鼎投資之先進電池模組製造商,報導稱為台端電動二輪產品提供電池模組/動力系統技術支援。
  • 輝能科技股份有限公司 未上市公司;次世代鋰陶瓷/固態電池技術公司,與桓鼎能源、佐茂、統量電能簽署合作備忘錄,可能形成電動貨運自行車與儲能供應鏈,但台端直接採用程度未確認。
Downstream
  • A公司 年報匿名揭露之主要銷貨客戶;2023年占合併銷貨淨額44%,2024年第1季占57%,實名未揭露。
  • B公司 年報匿名揭露之主要銷貨客戶;2023年占合併銷貨淨額26%,2024年第1季占25%,實名未揭露。
  • 茁壯創能股份有限公司 未上市公司;南台灣智慧電車代理與經銷商,報導稱代理銷售台端電輔車、電動滑板車、微型電動二輪車等產品,具門市與售後服務通路。
  • Soco / Vmoto 海外電動機車品牌/通路合作品牌,非台股上市櫃;台端官網列為電動機車合作品牌。
  • 宏佳騰創新科技股份有限公司 1599 上市公司;台端官網列為電動機車合作品牌Aeontek宏佳騰,屬下游品牌/產品合作關係,具體採購金額未揭露。
  • 直營、加盟門店與終端消費者/企業客戶 台端電動二輪業務之通路與終端應用,包括短途代步、校園通勤、社區巡邏、外送配送、商用配送、城市通勤、觀光旅遊等。

Competitors

  • 信邦電子 3023 上市公司;連接線組、連接器與電子零組件整合服務商,為連接器與線束領域同業。
  • 貿聯-KY 3665 上市公司;連接線、線束與互連解決方案,應用於資料中心、車用、工業等,為中高階連接與線束同業。
  • 胡連精密 6279 上櫃公司;車用連接器與端子相關產品,為車用連接器領域同業。
  • 凡甲科技 3526 上櫃公司;連接器與線纜組件,應用於伺服器、儲存、工業等,為連接器同業。
  • 瀚荃 8103 上櫃公司;連接器與線材產品,為電子連接元件同業。
  • 建舜電 3322 上櫃公司;連接器、線材與精密零組件,為中小型連接器同業。
  • 巨大機械 9921 上市公司;自行車與電動輔助自行車品牌與製造商,為E-Bike終端市場競爭者。
  • 美利達工業 9914 上市公司;自行車與電動輔助自行車品牌與製造商,為E-Bike終端市場競爭者。
  • 宏佳騰 1599 上市公司;機車與電動機車品牌,雖列為台端合作品牌,但在電動二輪終端市場亦可能形成競合。
  • 中華汽車 2204 上市公司;旗下eMOVING電動二輪產品線與通路,為台灣電動機車/微型電動二輪市場競爭者。
  • Gogoro / 睿能創意 未上市公司;台灣電動機車與換電生態系主要品牌,為電動二輪終端市場重要競爭者。
  • 光陽工業 未上市公司;台灣機車與電動二輪品牌,為電動機車市場競爭者。
Sources(17)

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.