讀後心得

The tariff policy of U.S. President Trump continues to affect market confidence, impacting the five major electronics companies. Despite strong revenue performance in February, with Quanta's revenue increasing by 78.61% year-on-year and Compal's by 24.4%, stock prices still declined. Quanta's stock price fell over 20% in the first quarter, becoming a focal point for foreign institutional selling. Inventec, Compal, and Wistron also faced declines. Investors need to carefully assess the risks.

The tariff policy of the U.S. President continues to put pressure on market confidence, and the electronics industry has not been spared. Despite strong revenue performance in the first two months, it cannot escape the downward trend. The original equipment manufacturer Quanta has been hit the hardest, with its stock price falling more than 20% in the first quarter, becoming a key target for foreign investors, who reduced their holdings by over 220,000 shares.

The electronics industry's revenue performance remained impressive in February, with Quanta's February revenue reaching NT$150.564 billion, a year-on-year increase of 78.61%. The cumulative revenue for the first two months was NT$293.125 billion, a year-on-year increase of 86.43%; Pegatron's February revenue was NT$82.478 billion, a year-on-year increase of 24.4%, with cumulative revenue for the first two months at NT$187.799 billion, a year-on-year increase of 6.91%; Wistron’s February revenue was NT$102.714 billion, a year-on-year increase of 26.65%, with cumulative revenue for the first two months at NT$193.5 billion, a year-on-year increase of 30.39%; Compal's February revenue was NT$67.541 billion, a year-on-year increase of 17.41%, with cumulative revenue for the first two months at NT$122.871 billion, a year-on-year increase of 1.06%; and Inventec's February revenue was NT$51.67 billion, a month-on-month increase of 12.71%, a year-on-year increase of 40.98%, with cumulative revenue for the first two months at NT$97.512 billion, a year-on-year increase of 20.71%.

However, despite the impressive revenue performance, stock prices have not yet rebounded. In terms of stock price performance of the "five brothers" in electronics for the first quarter, Quanta fell by 21.77%, with foreign investors selling 223,000 shares; Inventec fell by 15.76%, with foreign investors selling 77,000 shares; Compal fell by 15.4%, with foreign investors selling 89,000 shares; Pegatron fell by 8.7%, with foreign investors selling 16,000 shares; Wistron fell by 8.36%, with foreign investors selling 117,000 shares.

This information is for reference only. Investors should make independent judgments, evaluate carefully, and bear their own investment risks.

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