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 5514 三豐. Please read: https://finlab.finance/en/setup?stock=5514

No install, open FinLab Studio

5514

三豐 Construction & Materials As of 2026-06-17 Updated daily after market close

steady quality, fair valuation.

1 active signal
Revenue ≥20%
This page refreshes daily after the close. Add 三豐 to your watchlist to track signal changes on your next visit.
Valuation 39Quality 66Growth 98Momentum 10Chips 47

Is 三豐 a buy? Fundamentals and valuation first

  • Above-average profitability.Operating margin is in the 75th market percentile. Latest quarterly ROE ≈ 2.3%.

  • Valuation is neutral.PE is in the 79th market percentile; within its own history, PE is around the 83th percentile.

  • Foreign investors are net buying.Foreign 20-day net flow ≈ 0.2% of volume (net buy).

  • Strong revenue growth.Latest monthly revenue YoY ≈ 545.4%, 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 +0.50
BearishNeutralBullish

Single-sided accumulation, concentration rising — bullish

  • Single-sided accumulation, concentration rising — bullish
  • 國票證券 holds 86 lots
  • sellers have 6 lots left, ~30 sessions to clear

Window from 2026-01-17 · Price -11% · branches to 2026-06-17· TDCC to 2026-06-12

  • Largest holder 國票證券 has accumulated 86 lots since the start (sold 21%), now trimming.
  • Main distributor 元大證券 peaked at 26 lots, has sold 69%, 8 left, paused recently.
  • TDCC big holders (absolute) >1000-lot holders +0.50pp, mid holders +1, retail -0.27pp — concentration shifting upward.
  • Foreign hedge-desk net short Net short -37 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
國票證券土銀-士林群益金鼎-中山合庫證券群益金鼎元大-竹科
Distributing
元大證券凱基統一台灣企銀
Desks
own scale
群益金鼎-台中元大-新莊中國信託-忠孝凱基-三重
Price Accumulating & Distributing share one scale (comparable); Desks is independent. Zero is the baseline
Branch details Unit: lots

Accumulating

  • 國票證券 +86
    sold 21%
  • 土銀-士林 +60
    sold 0%· still adding
  • 群益金鼎-中山 +57
    sold 0%· still adding
  • 合庫證券 +35
    sold 0%· still adding
  • 群益金鼎 +32
    sold 0%
  • 元大-竹科 +30
    sold 0%· still adding

Distributing

  • 元大證券 8 left
    sold 69%· paused recently
  • 凱基 3 left
    sold 57%· ~8 sessions to clear
  • 統一 3 left
    sold 25%· ~30 sessions to clear
  • 台灣企銀 1 left
    sold 50%· paused recently

Desks

  • 群益金鼎-台中 -46
    unclassified
  • 元大-新莊 -39
    unclassified
  • 中國信託-忠孝 -34
    unclassified
  • 凱基-三重 -29
    unclassified
Still selling 6 lots ~30 sessions to bottom at most
Recent buy/sell force +108 absorbed / -5 sold buyers slightly ahead
Hedge-desk net short -4 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 545.41%

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

93 historical occurrences (since 2007-04-23)
Average forward return after Monthly revenue YoY ≥ 20% (from filing deadline)。20-day: Win 53.5%, Sample 86, Median +0.6%, Excess -0.45%, Beat mkt rate 45.3%；60-day: Win 57.1%, Sample 84, Median +1.15%, Excess +0.29%, Beat mkt rate 48.8%；120-day: Win 59.8%, Sample 82, Median +4.81%, Excess +1.28%, Beat mkt rate 50%

120 days after: historical avg +4.34%

20-day +0.55%
60-day +1.67%
120-day +4.34%
20-day
60-day
120-day
Win
53.5%
57.1%
59.8%
Sample
86
84
82
Median
+0.6%
+1.15%
+4.81%
Excess
-0.45%
+0.29%
+1.28%
Beat mkt rate
45.3%
48.8%
50%

Over 82 occurrences, 120-day forward avg gained 4.34%, beat the market by 1.28 pts; win rate 59.8%.

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)
0-20 429-22.3% -23.6% 15.6% -26.3%
20-40 255+10.9% +17.7% 77.6% -20.7%
40-60 599+16.6% +19.6% 87.6% -8.3%
60-80 295+30.3% +30.2% 99% +7.1%
80-100 You are here791+6% +3.7% 58.4% -14.1%

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 ≈ 58.54, at the 83.0th 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
+2.1%
Win rate 58.8% Excess -3.8%
267d
+6.5%
Win rate 85.2% Excess -2.4%
757d
+10.4%
Win rate 69.6% Excess -1.4%
438d
60-day momentum down
-7.5%
Win rate 40.1% Excess -12.6%
342d
+7.8%
Win rate 79.1% Excess -1%
177d
Now
-2.3%
Win rate 31.3% Excess -17.8%
431d

Currently in “Expensive (own-history top 1/3) × 60-day momentum down”: across 431 historical days, 120-day forward avg declined 2.3%, win rate 31.3%, lagged the market by 17.8%.

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.

37 times historically; 60-day forward avg +4.3%, win rate 67.6%, beating the market by +0.89 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.

6 times historically; 60-day forward avg -7.53%, win rate 16.7%, beating the market by -12.16 pts on average.

What does 三豐 do? Company profile

建材營造業－建設、不動產開發 上櫃（櫃買中心，TWO）

Overview

5514 對應證券為三豐建設股份有限公司，簡稱三豐，為櫃買中心上櫃普通股，非 ETF、ETN、特別股、權證或 REIT。公司成立於 1988/01/21，1990/04/18 公開發行，1998/12/29 上櫃掛牌。總部位於台北市中山區長安東路二段173號7樓；統一編號 22817225；主要經營委託營造廠商興建國民住宅及商業大樓出租、出售業務。董事長為東台開發股份有限公司代表人洪敏夫，總經理為藍麗華，發言人石淑瑛。實收資本額約新台幣 23.611828 億元，已發行普通股 236,118,280 股，無特別股與公司債。員工規模依 114 年度年報為 2025 年底 48 人、截至 2026/03/31 為 47 人。主要股東依 114 年度年報包括大虹投資 9.29%、宜勝投資 9.11%、宜富投資 7.19%、有力投資 6.73%、新旺投資 6.64%、新威投資 6.61%、東台開發 6.47%、金讚商務開發 5.78%、金源營造 4.01%、洪敏夫 2.72%。關係企業方面，三豐持有金源營造股份有限公司 99.9716%，金源營造主要從事土木建築工程承攬，且三豐建築工程大部分委由金源營造興建。

Business

三豐的核心業務為大台北地區不動產開發，主要透過自地自建、合建分屋、共同投資興建、都市更新與危老重建方式取得土地或開發權，再委託營造廠興建住宅、住商混合大樓、店面、辦公或商業大樓，收入主要於建案完工交屋時認列，另有少量租賃收入。公司年報揭露營業比重以委託營造廠興建國民住宅及商業大樓出租、出售為主，佐以相關業務；凱基資料列示經營比重為委託營造廠興建國民住宅及商業大樓出租、出售 100%。主要商品包括高級住宅大廈、金融商業大樓、住商混合大樓與店面集合住宅。2025 年因無主要建案完工交屋，年報說明僅認列租賃收入，全年銷貨淨額約新台幣 578 萬元；2024 年銷貨淨額約新台幣 6.84936 億元，主因保生大帝紀念館完工交屋認列。過往與在建案多集中台北市大同區、內湖區、中正區、士林區及新北市中和區，案名包括鼎極、九鼎、國硯、三豐雙匯、問鼎匯、豐華匯、第一匯、長安匯、保生大帝紀念館、雲極、雲迪、三豐 AIT、雲承、日麗等。商業模式重點在都更合建與危老案整合，公司強調與地主共享土地開發成果，降低土地一次性取得成本與財務負擔；產品定位偏精華地段、小量多案、重視建築外觀與施工品質。客戶以一般自住與換屋購屋者、投資型購屋者、企業或法人買方、商辦及店面使用者為主；年報未公開個別銷售客戶姓名，2025 年銷貨客戶以匿名代號揭露。

Outlook 2025–2028

2025 年是公司營運空窗期，受房貸緊縮、買氣轉冷與無建案完工交屋影響，營收大幅降至租賃收入水準，獲利承壓；2025 年報亦指出 2025 年為這波市場較差時點，市場競爭劇烈。2026 至 2028 年成長動能主要來自已完銷或高銷售率建案陸續完工交屋：三豐 AIT 已於 2025/12 完工並於 2026 年第一季完成交屋作業，銷售率 99%、預計總銷約新台幣 6 億元；雲迪案全數完銷、預計 2026 年完工交屋、總銷約新台幣 15.9 億元。2027 年預計完工交屋案包括南昌路案、雲承案、雲極案、雲都案及日麗案；其中雲極銷售率 99%、總銷約新台幣 36.4 億元，雲承全數完銷、總銷約新台幣 7.36 億元，日麗截至 2025 年底銷售率 39.7%，雲都與南昌路案截至年報日尚未推案銷售。2028 年預計天母天玉街案完工，該案 2025 年 8 月取得建照並已動工，尚未推案銷售。公司 2026 年規劃繼續推動長安西路案、長安西路101號案、重慶北路三段31-1號案、延三夜市案、昌吉街案、和平西路案等都更或公劃都更案。產業趨勢方面，都市更新、危老重建、社會住宅與公共建設提供中長期需求，綠建築、低碳建材、BIM、AI、IoT、智慧工地管理與 ESG 要求成為營建業轉型方向。主要風險包括央行信用管制與限貸令削弱購屋意願、房地合一稅與打炒房政策延長銷售週期、土地整合及都更審議期不確定、鋼材水泥等建材成本高檔、缺工導致工期延誤、利率與房貸條件變動、單一建案完工認列造成年度營收與 EPS 高度波動。

Supply Chain

Upstream
  • 地主及合建戶 公司主要透過合建分屋、都市更新、危老重建與共同投資方式取得土地或開發權；年報以個人姓名遮蔽方式揭露多案合建對象，非台股掛牌公司。
  • 金源營造股份有限公司 三豐持股 99.9716% 之未上市子公司，主要從事土木建築工程承攬；年報載明三豐大部分建築工程委由金源營造興建，是最明確的關係企業與工程承攬方。
  • 土地仲介、建築師、營造廠、水電業、建材業、不動產鑑價公司 年報列為建設業上游關聯產業；個別供應商以匿名代號揭露，無法確認是否為上市櫃公司。
  • 金融機構 提供土地融資、建築融資、保證書、購屋貸款等資金服務；年報提及融資購置土地及支付工程款，但未完整公開各案金融機構清單。
Downstream
  • 一般購屋者及投資型購屋者 住宅、店面與住商混合大樓最終買方；年報將需求分為自用型與投資型，個別銷售客戶匿名揭露，非可識別台股公司。
  • 企業及法人客戶 商辦、店面、商業大樓及部分不動產產品之可能買方或承租方；年報供應鏈圖列示企業、公司為下游，未公開具名客戶。
  • 房屋仲介、廣告代銷、代書、建築經理、大樓維修管理、保全與設計裝潢業者 年報列為建設業中下游關聯產業，協助銷售、交易、交屋後服務與資產管理；未公開具名上市櫃公司。

Competitors

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.