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 6234 高僑. Please read: https://finlab.finance/en/setup?stock=6234

No install, open FinLab Studio

6234

高僑 Optoelectronics As of 2026-06-17 Updated daily after market close

quality needs a look, premium valuation.

1 active signal
Revenue ≥20%
This page refreshes daily after the close. Add 高僑 to your watchlist to track signal changes on your next visit.
Valuation 32Quality 28Growth 76Momentum 86Chips 5

Is 高僑 a buy? Fundamentals and valuation first

  • Weak profitability.Operating margin is in the 20th market percentile. Latest quarterly ROE ≈ 0.8%.

  • Valuation is high.PE is in the 98th market percentile; within its own history, PE is around the 97th percentile.

  • Foreign investors are net selling.Foreign 20-day net flow ≈ -8.0% of volume (net sell).

  • Strong revenue growth.Latest monthly revenue YoY ≈ 33.9%, 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 +0.73
BearishNeutralBullish

Single-sided accumulation, concentration rising — bullish

  • Single-sided accumulation, concentration rising — bullish
  • 台灣摩根士丹利 holds 1,223 lots
  • sellers have 651 lots left, ~55 sessions to clear

Window from 2026-01-17 · Price +48% · branches to 2026-06-17· TDCC to 2026-06-12

  • Largest holder 台灣摩根士丹利 has accumulated 1,223 lots since the start (sold 18%), still adding.
  • Main distributor 美商高盛 peaked at 1,781 lots, has sold 81%, 340 left, paused recently.
  • TDCC big holders (absolute) >1000-lot holders +3.88pp, mid holders +2, retail -4.37pp — concentration shifting upward.
  • Foreign hedge-desk net short Net short -623 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
台灣摩根士丹利凱基-桃園元大-文心富邦-南屯富邦-台北永豐金證券
Distributing
美商高盛港商野村國票證券群益金鼎元大證券兆豐-公益
Desks
own scale
富邦-新店統一-新竹新光-台中新加坡商瑞銀
Price Accumulating & Distributing share one scale (comparable); Desks is independent. Zero is the baseline
Branch details Unit: lots

Accumulating

  • 台灣摩根士丹利 +1,223
    sold 18%· still adding
  • 凱基-桃園 +1,059
    sold 0%· still adding
  • 元大-文心 +794
    sold 0%
  • 富邦-南屯 +424
    sold 0%
  • 富邦-台北 +356
    sold 0%· still adding
  • 永豐金證券 +354
    sold 21%

Distributing

  • 美商高盛 340 left
    sold 81%· paused recently
  • 港商野村 213 left
    sold 80%· paused recently
  • 國票證券 687 left
    sold 26%· paused recently
  • 群益金鼎 72 left
    sold 86%· ~55 sessions to clear
  • 元大證券 39 left
    sold 90%· paused recently
  • 兆豐-公益 155 left
    sold 40%· paused recently

Desks

  • 富邦-新店 -410
    unclassified
  • 統一-新竹 -371
    unclassified
  • 新光-台中 -277
    unclassified
  • 新加坡商瑞銀 -254
    hedge desk · will cover
Still selling 651 lots ~55 sessions to bottom at most
Recent buy/sell force +859 absorbed / -443 sold buyers slightly ahead
Hedge-desk net short -294 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 33.87%

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

75 historical occurrences (since 2007-04-23)
Average forward return after Monthly revenue YoY ≥ 20% (from filing deadline)。20-day: Win 50.8%, Sample 63, Median +0.2%, Excess -0.12%, Beat mkt rate 44.4%；60-day: Win 50%, Sample 62, Median +0.3%, Excess -0.77%, Beat mkt rate 35.5%；120-day: Win 44.1%, Sample 59, Median -7.9%, Excess -4.45%, Beat mkt rate 40.7%

120 days after: historical avg +0.03%

20-day +1.92%
60-day +3.78%
120-day +0.03%
20-day
60-day
120-day
Win
50.8%
50%
44.1%
Sample
63
62
59
Median
+0.2%
+0.3%
-7.9%
Excess
-0.12%
-0.77%
-4.45%
Beat mkt rate
44.4%
35.5%
40.7%

Over 59 occurrences, 120-day forward avg gained 0.03%, lagged the market by 4.45 pts; win rate 44.1%.

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 81+77.3% +78.4% 100% +57.4%
20-40 802+7.9% -1% 48.9% -12.9%
40-60 647+15.5% -0.9% 48.1% +0.4%
60-80 309+13.3% -0.2% 49.8% -7%
80-100 You are here32+0.3% +4.7% 81.2% -20.4%

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 ≈ 485.0, at the 97.4th 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
+6.3%
Win rate 38.3% Excess -2.8%
282d
+4.8%
Win rate 47.9% Excess -1.5%
545d
Now
-10.5%
Win rate 15.7% Excess -17.2%
127d
60-day momentum down
+20.6%
Win rate 69.2% Excess +8.3%
279d
+12%
Win rate 62% Excess -2.1%
650d
-3.2%
Win rate 26.9% Excess -15%
108d

Currently in “Expensive (own-history top 1/3) × 60-day momentum up”: across 127 historical days, 120-day forward avg declined 10.5%, win rate 15.7%, lagged the market by 17.2%.

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 +9.28%, win rate 61.1%, beating the market by +4.38 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.

46 times historically; 60-day forward avg +8.09%, win rate 50%, beating the market by +4.73 pts on average.

What does 高僑 do? Company profile

光電業 上櫃

Overview

高僑自動化科技股份有限公司，英文全名 TERA AUTOTECH CORPORATION，英文簡稱 TERA AUTO，為櫃買中心上櫃普通股，股票代號 6234，產業別為光電業。公司前身可追溯至 1982 年創立之高斯自動化機電工業有限公司，1990/05/02 更名並登記為高僑自動化股份有限公司；2001/07/16 公開發行，2002/06/26 興櫃，2003/03/12 上櫃掛牌。總部位於台中市大甲區日南里工七路1號，另有彰濱分公司。董事長為李義隆，總經理與發言人為陳蓬萊。公司官網揭露資本額為 1,003,863,980 元；Goodinfo 及市場資料顯示發行股數約 100,386,398 股、資本額約 10.04 億元。113 年報揭露 113 年度員工人數 147 人，未兼任員工之董事人數 5 人。113 年報主要股東名單截至 2024/04/23，包括李義隆 12,698,888 股、庭安國際有限公司 6,079,889 股、匯豐銀行託管摩根士丹利國際有限公司專戶 5,012,071 股、均安投資股份有限公司 4,968,868 股、均得投資股份有限公司 4,491,698 股、高鑫投資股份有限公司 4,343,198 股、花旗託管第一證券（香港）代理人投資專戶 4,281,000 股、陳淑敏 3,691,168 股、李庭均 2,012,630 股、李欣峯 1,632,889 股。

Business

高僑是自動化設備與精密微型鑽頭廠，主要營業項目包括各產業自動化設備、各類腔體、倉儲及輸送設備、精密微型鑽頭之研發、設計、製造及進出口。公司官網列示業務為各產業自動化設備（整廠及倉儲）設計及製造、產業專業自動化機器、精密微型鑽頭、三次元量測與 CNC 加工。113 年度合併營收 649,957 千元，產品營收結構為自動化設備 379,549 千元、占 58.40%，微型鑽頭 270,408 千元、占 41.60%。114 年上半年合併營收 235,025 千元，其中微型鑽頭 136,671 千元、占約 58.15%，自動化設備 98,354 千元、占約 41.85%。自動化設備涵蓋 PCB、TFT-LCD、IC 等產業所需生產設備、物流設備、檢測及檢驗儀器、無塵室與一般/半導體自動倉儲、LCD/太陽能/3C 整廠自動化、真空腔體加工與組裝等，屬依客戶需求客製化設計、生產與交機驗收的專案型商業模式。微型鑽頭業務包含鑽頭半成品、成品、特規微型鑽頭、銑刀、鍍膜、斷屑鑽頭等，銷售對象包含全球鑽頭生產者、PCB 電路板廠與半導體測試治具相關客戶。MoneyDJ 指出自動化設備主要以國內市場為主，如友達、群創等；微型鑽頭客戶涵蓋美國、中國、台灣、德國、香港等主要鑽頭生產工廠，並擴展日本、韓國、泰國、新加坡、印度等市場。財報收入認列以產品控制移轉予客戶、交付至特定地點並經驗收或驗收條款失效為主。

Outlook 2025–2028

2025 至 2028 年展望重點在三條主線：第一，PCB 高階化與 AI/雲端伺服器相關高層數板需求推升微型鑽頭精度、耐磨與消耗量需求；高僑 113 年報稱已量產 0.05mm 以下鑽頭供半導體測試治具客戶使用，鍍膜技術可提高耐磨度、降低孔壁粗糙度，且高疊板數鑽孔產品已獲雲端伺服器電路板客戶採用。第二，自動化、智慧倉儲與少人化製造仍是中長期結構需求，公司已開發 40 米以上超高型自動倉儲、TFT-LCD 非接觸氣浮搬運、半導體生產自動搬運等，並將結合大數據與物聯網打造智能化工廠。第三，國防與特殊專案是新增布局，113 年報列示清泉崗與屏東機場維修能量搬遷復原、砲彈組裝生產線、子彈自動包裝、雲豹甲車動力底盤九大系統與售後服務等軍工產品。114 年營業計畫中，公司規劃利基型微型鑽頭半成品及成品產能擴充、光電產業搬送設備整合製造、各類自動倉儲系統、3C 產品生產設備、軍工產業，並預估 114 年鑽頭年銷量 1.1 億至 1.4 億支。主要風險包括：自動化設備單筆金額大且專案出貨跨期，營收波動較大；2025 年美國對等關稅政策增加出口與客戶投資不確定性；微型鑽頭面臨台灣與國際廠商競爭；應收款信用風險存在集中情形，114 年第二季財報揭露 2025/06/30 應收款項 42% 由三家客戶組成；原物料如碳化鎢、不鏽鋼把柄、加工件與電控零件價格與交期仍需管理。2026 至 2028 的具體營收或獲利數字未見公司公開可靠預測，故不做量化推估。

Supply Chain

Upstream
  • 國內加工件、電控器、汽缸、控制器馬達、主軸、軸承、滑軌、砂輪、機架等零組件供應商 自動化設備所需零組件；113 年報稱產品客製化程度高、零組件種類繁多，主要原料大多由國內供應商供應，但未揭露具名供應商。
  • 不鏽鋼把柄與碳化鎢供應商 微型鑽頭主要原料供應來源；113 年報稱供貨來源充足，對同一原料多向兩家以上供應商詢價採購，未揭露具名供應商。
  • 鋼板、電器與機械零件供應商 MoneyDJ 彙整高僑重要原物料包括鋼板、碳化鎢、電器、機械零件；具體供應商未公開揭露。
Downstream
  • 友達光電 2409 MoneyDJ 指出高僑產業自動化設備主要以國內市場為主，客戶例示包含友達；屬面板/光電製造客戶。
  • 群創光電 3481 MoneyDJ 指出高僑產業自動化設備主要以國內市場為主，客戶例示包含群創；屬面板/光電製造客戶。
  • 全球鑽頭生產者與電路板廠 113 年報銷售政策列示供給全球鑽頭生產者原材料、半成品及電路板廠鑽針成品；客戶多未具名揭露。
  • 半導體測試治具與雲端伺服器電路板客戶 113 年報稱 0.05mm 以下鑽頭已提供半導體測試治具客戶使用，並獲雲端伺服器電路板客戶採用；具體公司名稱未揭露。
  • 整廠搬運與自動倉儲需求企業 高僑供應各產業整廠搬運設備與自動倉儲系統，終端應用包含 PCB、TFT-LCD、IC、3C、光電、物流與軍工等；多為專案型客戶且未逐一揭露。

Competitors

  • 東捷 8064 MoneyDJ 列為高僑自動化設備競爭廠商之一。
  • 致茂 2360 MoneyDJ 列為高僑自動化設備競爭廠商之一。
  • 單井 3490 MoneyDJ 列為高僑自動化設備競爭廠商之一。
  • 陽程 3498 MoneyDJ 列為高僑自動化設備競爭廠商之一。
  • 盟立 2464 MoneyDJ 列為高僑自動化設備競爭廠商之一。
  • 廣運 6125 MoneyDJ 列為高僑自動化設備競爭廠商之一。
  • 凱崴 5498 MoneyDJ 列為高僑微型鑽頭競爭者之一。
  • 尖點 8021 MoneyDJ 列為高僑微型鑽頭競爭者之一；亦為台灣 PCB 鑽針/鑽孔相關上市櫃同業。
  • Tycom MoneyDJ 列為微型鑽頭競爭者；非台股掛牌公司。
  • Hawera MoneyDJ 列為微型鑽頭競爭者；非台股掛牌公司。
  • Kemmer MoneyDJ 列為微型鑽頭競爭者；非台股掛牌公司。
  • RTW MoneyDJ 列為微型鑽頭競爭者；非台股掛牌公司。
Sources（15）

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.