FEAF
TWSE

2607 榮運

58.60 ▲ 0.70 (1.21%) Close · 2026-11-13 · TWSE
Ask about 2607
This is research, not a buy or sell recommendation. Robo-advice in Taiwan requires an FSC licence; FEAF analyses, explains and monitors, and the investor makes the decision. Judgement thresholds are working rules pending review by the team's finance members.

Plain-language summary of valuation, growth, profitability, balance sheet, and recent MOPS filings.

Your risk profile
Conclusion

Mixed picture: 2 strengths against 1 watch-outs. Weigh them against your own goals.

For a moderate profile, none of the items above crosses the watch-out thresholds set by the team.

In plain words

Company 2607 experienced a -19.5% revenue decline in 2025, though Q3 2026 revenue increased by 51.2% year on year. It demonstrates moderate profitability with an 8.4% return on equity and a 14.2% net margin, while maintaining a light debt load with liabilities at 30.3% of total assets in Q3 2026. Additionally, free cash flow remained positive at 3,008 NT$ million in 2025, and its P/E ratio of 11.29 is close to the industry median of 9.74. Ultimately, this presents a mixed picture, and the final decision rests with the investor.

Written by gemini-3.6-flash from the facts above; every number was checked against them.

Strengths

+ Liabilities are only 30.3% of total assets (Q3 2026): a light debt load. source (Financials) →
+ Free cash flow was positive in 2025: 3,008 NT$ million. source (Financials) →

Watch-outs

! Revenue fell -19.5% in 2025; latest quarter Q3 2026: 51.2% year on year. source (Financials) →

What to check before deciding

?Is the revenue decline temporary or structural?

What the analysis found

· Valuation vs peers P/E 11.29 is close to the Shipping and transportation median of 9.74 (25 listed peers). source →
! Growth Revenue fell -19.5% in 2025; latest quarter Q3 2026: 51.2% year on year. source →
· Profitability Return on equity 8.4% with a 14.2% net margin: moderate profitability. source →
+ Debt Liabilities are only 30.3% of total assets (Q3 2026): a light debt load. source →
+ Cash flow Free cash flow was positive in 2025: 3,008 NT$ million. source →
· Filings 1 verified alert(s); latest on 2026-11-12: 公告本公司115年度第3季合併財務報告 source →