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 6937 天虹. Please read: https://finlab.finance/en/setup?stock=6937

No install, open FinLab Studio

6937

天虹 Semiconductor As of 2026-06-17 Updated daily after market close

steady quality, premium valuation.

1 active signal
Foreign buy
This page refreshes daily after the close. Add 天虹 to your watchlist to track signal changes on your next visit.
Valuation 19Quality 60Growth 64Momentum 56Chips 50

Is 天虹 a buy? Fundamentals and valuation first

  • Above-average profitability.Operating margin is in the 70th market percentile. Latest quarterly ROE ≈ 1.8%.

  • Valuation is high.PE is in the 86th market percentile.

  • Foreign investors are net buying.Foreign 20-day net flow ≈ 0.4% of volume (net buy).

  • Signals are active now.On the latest data, signals such as Foreign net buying 5 straight days are active — see the historical forward returns after each occurrence below.

Chip flow

Bearish -0.52
BearishNeutralBullish

Distribution, concentration falling — bearish

  • Distribution, concentration falling — bearish
  • 美商高盛 holds 663 lots
  • sellers have 981 lots left, ~191 sessions to clear

Window from 2026-01-17 · Price +22% · branches to 2026-06-17· TDCC to 2026-06-12

  • Largest holder 美商高盛 has accumulated 663 lots since the start (sold 0%), still adding.
  • Main distributor 富邦證券 peaked at 1,460 lots, has sold 57%, 634 left, paused recently.
  • TDCC big holders (absolute) >1000-lot holders -3.50pp, mid holders +3, retail +0.76pp — little change.
  • Foreign hedge-desk net short Net short -93 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
美商高盛群益金鼎-民權中國信託永豐金-台南兆豐證券兆豐-高雄
Distributing
富邦證券凱基-台北美林新加坡商瑞銀統一摩根大通
Desks
own scale
元大證券元大-新盛大和國泰華南永昌
Price Accumulating & Distributing share one scale (comparable); Desks is independent. Zero is the baseline
Branch details Unit: lots

Accumulating

  • 美商高盛 +663
    sold 0%· still adding
  • 群益金鼎-民權 +290
    sold 19%
  • 中國信託 +220
    sold 9%
  • 永豐金-台南 +193
    sold 21%
  • 兆豐證券 +188
    sold 15%
  • 兆豐-高雄 +166
    sold 0%· still adding

Distributing

  • 富邦證券 634 left
    sold 57%· paused recently
  • 凱基-台北 188 left
    sold 69%· ~9 sessions to clear
  • 美林 219 left
    sold 60%· ~31 sessions to clear
  • 新加坡商瑞銀 118 left
    sold 62%· ~21 sessions to clear
  • 統一 134 left
    sold 47%· ~191 sessions to clear
  • 摩根大通 137 left
    sold 43%· paused recently

Desks

  • 元大證券 -1,373
    unclassified
  • 元大-新盛 -498
    unclassified
  • 大和國泰 -364
    hedge desk · will cover
  • 華南永昌 -136
    unclassified
Still selling 981 lots ~191 sessions to bottom at most
Recent buy/sell force +740 absorbed / -521 sold buyers slightly ahead
Hedge-desk net short -37 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.

Foreign net buying for 5 straight days

Active · now 6%

Foreign net flow (ex-dealer) positive for 5 straight days; event on day 5; repeats within 20 days counted once.

10 historical occurrences (since 2024-06-19)
Average forward return after Foreign net buying for 5 straight days。20-day: Win 50%, Sample 8, Median +1.05%, Excess +5.09%, Beat mkt rate 37.5%；60-day: Win 71.4%, Sample 7, Median +10.22%, Excess -7.55%, Beat mkt rate 14.3%；120-day: Win 60%, Sample 5, Median +9.56%, Excess -3.59%, Beat mkt rate 40%

120 days after: historical avg +16.7%

20-day +8.86%
60-day +3.05%
120-day +16.7%
20-day
60-day
120-day
Win
50%
71.4%
60%
Sample
8
7
5
Median
+1.05%
+10.22%
+9.56%
Excess
+5.09%
-7.55%
-3.59%
Beat mkt rate
37.5%
14.3%
40%

Over 5 occurrences, 120-day forward avg gained 16.7%, lagged the market by 3.59 pts; win rate 60%.

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.

Monthly revenue YoY ≥ 20% (from filing deadline)

Pending

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

16 times historically; 60-day forward avg +2.9%, win rate 57.1%, beating the market by -7.81 pts on average.

What does 天虹 do? Company profile

半導體業；半導體生產製程及檢測設備 臺灣證券交易所上市

Overview

天虹科技股份有限公司成立於2002年7月17日，總部位於新竹縣竹北市嘉政一街1號6樓，工廠位於新竹縣湖口工業區仁愛路1號，另有台南南科據點、廈門、上海、新加坡及日本名古屋相關據點。公司於2023年12月12日由興櫃轉上市，證券類型為普通股。董事長兼總經理為黃見駱，集團執行長為易錦良，執行副總經理為羅偉瑞。證交所個股資料顯示實收資本額為新臺幣676,552,630元；公司2026年6月法說簡報列示實收資本額為新臺幣675,762,630元、員工人數424人，兩者可能因資料基準日不同而有差異。2024年度年報列示2024年底員工394人，2025年3月31日401人。2024年度合併營收25.87641億元、營業利益4.08505億元、稅後淨利4.06803億元、EPS 6.03元。2025年度法說簡報列示全年營收22.44646億元，2026年第1季營收5.82447億元。2024年3月31日前十大股東包含兆富國際投資6.91%、彪富國際投資6.33%、海富國際投資6.31%、百瑞發投資5.73%、慶虹科技5.58%、展虹國際4.89%、羅偉瑞4.77%、黃見駱3.24%、頂富國際投資2.96%、真虹科技2.64%。公司關係企業包含鑫虹先進、Gimtek Singapore、鑫天虹廈門、傳晶電子上海，分工涵蓋設備零組件買賣、東南亞及大陸地區銷售與技術服務。

Business

天虹以半導體設備零組件、維修與機台服務起家，2017年成立半導體設備開發處，之後推出PVD、Bonder、Debonder、ALD、Powder ALD、PEALD、Descum、Carbon PVD、ITO PVD、EUV Inspection、Panel PVD、Panel Descum等產品線。主要產品與服務包含：物理氣相沉積設備PVD，用於金屬層、晶種層、阻障層及過渡層；原子層沉積設備ALD，用於高階梯覆蓋率與緻密薄膜的絕緣層或金屬/低溫材料；晶圓鍵合與解鍵合設備，用於晶圓減薄、先進封裝、SiC功率元件及高翹曲晶圓處理；Descum與電漿相關設備，用於光阻、PI殘膠去除、3D IC、乾蝕刻、SiC電漿研磨與面板級封裝；EUV穿透率/光罩保護膜檢測設備；以及半導體設備零備件、客製化零件、維修、拆移機與人力服務。商業模式為客製化研發、設備製造銷售、零備件與維修服務並行，透過貼近台灣半導體供應鏈的工程服務縮短交期與停機時間，並以國產化、客製化、售後服務及與策略客戶共同開發作為競爭利基。2024年銷售地區為內銷43.96%、大陸含香港46.17%、亞洲其他合計約9.43%、歐洲0.21%、美洲0.23%。2024年主要銷貨客戶以匿名A集團揭露，金額4.58153億元、占17.71%，公司表示單一或集團客戶未超過20%。2022年戰略新板資料曾揭露當時營收結構為設備零組件44.26%、PVD/ALD/Bonder/Debonder等設備33.11%、其他維修勞務22.63%；2024年年報未以同格式揭露完整產品別占比。

Outlook 2025–2028

2025至2028年展望重點在先進封裝、AI/HPC、化合物半導體、矽光子/CPO、FOPLP/PLP、CoWoS相關製程、EUV光罩保護膜檢測及國產設備替代。公司2026年6月法說簡報列示截至2026年第1季累計出機154台，2026年第1季已交付首台310x310mm PLP PVD系統給策略客戶並取得第二家客戶訂單；EUV第二代穿透率檢測工具達成性能目標，優於第一代原型機；2026年進行12吋Auto Mechanical De-Bonder交付、Lumina UV ALD、HyFA ALD、Vetra etching chamber開發，並規劃2027年第1季推出310x310 Panel ALD chamber與Nexda 2.0操作軟體。公司路線圖顯示PVD往Panel PVD、TGV、CPO應用推進；ALD往Metal ALD、低溫PEALD、Low-k PECVD、UV ALD、PLP ALD推進；Bonder/Debonder往12吋Temporary Bonder/Debonder、W2W Bonder與高翹曲晶圓處理推進；Descum往Panel Descum、ABF etching、3DIC、Plasma Dicing、TSV與SiC Plasma Polish推進；EUV Inspection由2024年第一代5W系統朝2026至2028年200W第二代及>1100 sites/hour測試平台推進。公司2024年年報列示未來研發計畫包含SiC Carbon PVD、FOPLP PVD/ALD、EUV光罩檢測、TFR/ITO/IXO、高深寬比填洞與雙面PVD、8吋/12吋鍵合解鍵合、SiC電漿研磨、PECVD、矽光子與探針/space transformer應用；近兩年研發投入均逾2億元，2025年隨營運規模擴大提高研發預算。主要風險包括：半導體資本支出循環與客戶驗證期長，EUV與PLP等新設備量產時程仍具不確定性；國產設備導入需突破客戶信任與認證門檻；人才招募與留任困難；智慧財產權與營業秘密風險；地緣政治、關稅、供應鏈區域化與大陸市場需求波動；新產品若未能準時通過關鍵客戶驗證，可能造成營收延後。2025至2028具體營收或獲利預測未由公司完整公開揭露，本欄不作數字推估。

Supply Chain

Upstream
  • 機構件、EFEM、叢集式傳輸腔體、加熱器、冷卻器、閥件、真空幫浦、機械手臂、壓力計、電漿源與匹配模組、流量計、真空靜電吸盤供應商 年報列為主要原料/模組類別，品質與供應狀況良好；公司未揭露任一年度進貨或委外發包逾10%的具名供應商，因此無法確認具名上市櫃上游。
  • 材料供應商與國內機電控制上下游廠商 公司年報稱將與材料供應商、國內機電控制上下游廠商及先進半導體廠共同開發關鍵製程技術，但未揭露具名公司。
Downstream
  • A集團 2024年主要銷貨客戶，年報匿名揭露，2024年銷貨金額新臺幣458,153千元、占全年銷貨17.71%，與發行人無關係；未揭露是否上市櫃。
  • GlobalFoundries 公司沿革揭露2016年榮獲GlobalFoundries傑出供應商獎；GlobalFoundries為美國上市晶圓代工公司，非台股掛牌，台股stock_id填null。
  • 晶電 戰略新板資料揭露ALD設備獲晶電採用並成功切入其供應鏈；晶電現為富采投控旗下事業，非獨立台股掛牌公司，stock_id填null。
  • 前段半導體廠、先進封裝廠、化合物半導體廠、光電廠、矽光子/CPO與PLP相關客戶 公司產品應用端，包含矽基半導體、先進封裝、第三代半導體SiC/GaN、光電、CPO、FOPLP/PLP、CoWoS相關製程；多數客戶未具名揭露。

Competitors

Sources（12）

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.