Positive context积极背景
Stocks股票 / Tech / VSH
Vishay Intertechnology · Tech
VSH US listed · USD美股 · 美元
Vishay Intertechnology, Inc. is an American manufacturer of discrete semiconductors and passive electronic components founded by Polish-born businessman Felix Zandman.Vishay Intertechnology, Inc. 是一家美国分立半导体和无源电子元件制造商，由波兰裔商人 Felix Zandman 创立。
Tech
S&P 600标普600小盘Russell 2000罗素2000
Speculative / unprofitable投机／未盈利
$26.70
Regular quote常规时段报价
-$0.33 · -1.22%
Extended quote unavailable. Showing the regular quote.盘前盘后报价暂不可用，现显示常规时段报价。
Pre-market盘前
·
52w low52周低 $11.29high高 $67.32
Hold off — timing against you暂缓 — 时机不利
Downtrend — stand aside until a new cycle low forms and confirms.下跌趋势——观望，直至新的周期低点形成并确认。
As of 2026-10-26截至 2026-10-26
Company news公司新闻
The latest reporting最新报道
One story, with the reporting behind it.将同一事件汇总，保留各来源报道。
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-10-26
Momentum (RSI 14)动量（RSI 14）
34
Depressed偏低
vs 50-day average相对50日均线
-16.2% below下方
Below trend跌破趋势
vs 200-day average相对200日均线
-16.0% below下方
Long trend down长期向下
Volatility波动率
75th percentile第75百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
next report下次财报 2026-11-0410
Estimates being cut预期下调
Mixed — beat 2 of last 4 quarters表现不稳 — 近 4 季中 2 季超预期
Post-earnings drift: -6.2% (20d)财报后漂移：-6.2%（20日）
EPS surprise vs consensus, last quarters每股收益相对预期的超预期幅度（近几个季度） · average平均 10.8%
Financials财务数据
fiscal years财年Revenue营业收入
$3.1B2025
20202025
5-yr growth5年复合增速 4.2%
Earnings per share每股收益
$-0.072025
20202025
Free cash flow自由现金流
-$89.0M2025
20202025
Gross margin毛利率
19.4%
Operating margin营业利润率
1.9%
Net margin净利率
-0.3%
FCF margin自由现金流利润率
6.0%
Balance-sheet quality财务体质 4/8
Return on equity股本回报率 -0%
Watch关注
Leverage杠杆
Net debt / EBITDA净债务/EBITDA1.55
Current ratio流动比率2.62
Capital allocation资本配置
Buybacks (TTM)回购（TTM）$12.5M
Stock-based comp股权薪酬$22.4M
Debt coming due到期债务
FY2018 10-KIn the 12-month bucket following fiscal period end 2018-12-31, it reported $0 due — about 0% of its disclosed principal.在财年期末 2018-12-31 之后12个月的区间内，已披露到期本金为 $0，约占其披露本金的 0%。
All maturity buckets are measured from fiscal period end 2018-12-31, not from today.所有到期区间均从财年期末 2018-12-31 起算，而非从今天起算。
First 12 months after period end报告期末之后首12个月
$0
Year 2第2年
$0
Year 3第3年
$0
Year 4第4年
$0
Year 5第5年
$0
After year 55年以后
$636.6M
A cash-flow scenario is unavailable until the filing inputs are verified.报告数据核实前，现金流情景暂不可用。
Capital-need coverage is partial; incomplete or incompatible filing inputs are not combined.资本需求覆盖信息不完整；不会合并不完整或不兼容的报告数据。
Any available cash-flow scenario is context only. Missing or incompatible inputs are not replaced with zero or a financing forecast.可用现金流情景仅供参考；缺失或不兼容的输入不以零值或融资预测替代。
Sources and cash-flow calculation来源与现金流计算
Figures are XBRL facts from one filing — no two years are mixed. Filing数据取自同一份文件中的 XBRL 事实，不跨文件拼接。文件
0000103730-19-000008, period ending报告期截至 2018-12-31, unit单位 USD.
Cache acquired缓存获取时间: 2026-10-05T09:40:02.020524+00:00.
6/6 buckets reported.个区间有披露。
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonthsLongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoLongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFiveLongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
Research context only — reported figures from SEC filings, not a rating, a signal or investment advice.仅供研究参考 — 数据摘自 SEC 文件披露口径，不构成评级、信号或投资建议。
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Macro宏观
Rate risk runs through its market / growth beta, not a distinct duration leg.其利率风险通过市场／成长beta体现，并无独立的久期暴露。
Positioning持仓
Quiet — no confirmed driver平静 — 无明确驱动
Technical技术面
BOTTOMING → DOWNTREND筑底中 → 下跌趋势
Ownership & smart money持仓与聪明钱
13FConcentrated ownership集中持仓
| Fund基金 | Grade评级 | Latest move最新动作 | % of book组合占比 | As of截至 |
|---|---|---|---|---|
| Soros Fund Management | B | New position新建仓 | 0.1% | 2026-06-30 |
Signal history信号历史
engine events引擎事件
UNCONFIRMED TURN → DOWNTREND未确认转向 → 下跌趋势
AVOID. Failed cycle — price broke below the low that started this cycle, which historically means the larger trend is rolling over (~80% of cases). Last cycle was left-translated (topped early) — a bearish structural tell回避。失败周期——价格跌破了启动本周期的低点，历史上这通常意味着更大的趋势正在掉头向下（约 80% 的情形）。 上一周期为左移结构（见顶偏早）——属于看空的结构性信号
Oct 14, 2026
BOTTOMING → DOWNTREND筑底中 → 下跌趋势
AVOID回避
Oct 14, 2026
VSH lost its 200-day averageVSH 跌破200日均线
Price closed below the 200-day moving average — the classic bear dividing line. $28.89.收盘跌破200日均线 — 经典的空头分界线。$28.89。
Oct 13, 2026
VSH broke down vs the marketVSH 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $31.76.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$31.76。
Oct 13, 2026
VSH daily MACD crossed downVSH 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $31.76.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$31.76。
Oct 8, 2026
NEARING A HIGH → BOTTOMING接近高点 → 筑底中
BUY SETUP买入预备
Oct 5, 2026
UNCONFIRMED TURN → BUY ZONE未确认转向 → 买入区
BUY买入
Sep 24, 2026
UPTREND → UNCONFIRMED TURN上涨趋势 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Sep 23, 2026
UPTREND → UNCONFIRMED TURN上涨趋势 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Sep 21, 2026
UNCONFIRMED TURN → UPTREND未确认转向 → 上涨趋势
HOLD持有
Showing the last 15 of显示最近15条，共 239 signals条信号
Company profile公司档案
Vishay Intertechnology, Inc. is an American manufacturer of discrete semiconductors and passive electronic components founded by Polish-born businessman Felix Zandman.Vishay Intertechnology, Inc. 是一家美国分立半导体和无源电子元件制造商，由波兰裔商人 Felix Zandman 创立。
Style DNA — how it trades vs the market风格基因 — 相对市场的交易特征
Profitability盈利能力
Below market低于市场
Quality质量
Below market低于市场
Investment资本投入
Below market低于市场
Low volatility低波动
Below market低于市场
Low market beta低市场敏感度
Below market低于市场
Earnings quality盈利质量
Below market低于市场
Short interest空头兴趣
Above market高于市场
Watch items — what could change the story关注项 — 可能改变故事的因素
- Margin compression despite revenue growth
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Relative strength相对强度
vs market, 1 month相对大盘（1个月）
96/100 — stronger than most强于多数
vs market, 3 months相对大盘（3个月）
12/100 — weaker than most弱于多数
vs market, 6 months相对大盘（6个月）
67/100 — middle of the pack居中
vs market, 12 months相对大盘（12个月）
94/100 — stronger than most强于多数
Rank in sector行业内排名
#38 / 220
0–100 percentile of total return vs all covered stocks.总回报在全部覆盖股票中的百分位（0–100）。
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | -3.6% | -0.4% |
| 1 Month近1月 | -18.1% | -1.0% |
| 3 Months近3月 | -30.1% | +3.1% |
| 6 Months近6月 | -5.3% | +7.0% |
| Year to date年初至今 | +75.6% | +12.1% |
| 1 Year近1年 | +59.8% | +14.4% |
| 3 Years近3年 | +23.5% | +86.0% |
Trading information交易信息
Beta vs market贝塔
2.92
Volatility rank波动率分位
75th pctile
Off 52-week high距52周高点
-58.9%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $2.5B | $3.2B | $3.5B | $3.4B | $2.9B | $3.1B |
| EPS每股收益 | $0.85 | $2.05 | $2.98 | $2.31 | $-0.23 | $-0.07 |
| Free cash flow自由现金流 | $191M | $239M | $159M | $36M | $-146M | $-89M |
| Gross margin毛利率 | 23.3% | 27.4% | 30.3% | 28.6% | 21.3% | 19.4% |
| Net margin净利率 | 4.9% | 9.2% | 12.3% | 9.5% | -1.1% | -0.3% |
| FCF margin自由现金流利润率 | 7.6% | 7.4% | 4.5% | 1.1% | -5.0% | -2.9% |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$3.1B
Gross profit毛利润
$595M
Net income净利润
$-9M
Operating cash flow经营现金流
$184M
Total assets总资产
$4.2B
Shareholder equity股东权益
$2.1B
Long-term debt长期负债
$951M
Buybacks股票回购
$13M
Returns & growth回报与增长
Return on equity股本回报率
-0.4%
Return on assets资产回报率
-0.2%
Debt / assets负债/资产
22.5%
Asset growth资产增速
+3.0%
Accounting quality checks会计质量检查
- Earnings quality: accruals near the peer median盈利质量：应计利润接近同业中位
- Working capital: inventory +69% vs sales +23% — inventory building, demand risk营运资本：存货 +69% 对销售 +23%——存货积压，需求风险
- Pricing power: gross margin −3.9pts over 6 years定价能力：毛利率 6 年下降 3.9 个百分点
- Capital discipline: investment near the peer median资本纪律：投资力度接近同业中位
- Balance sheet: leverage unremarkable资产负债表：杠杆水平一般
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
34
RSI (2-day)RSI（2日）
17
vs 20-day average相对20日均线
-16.6%
vs 50-day average相对50日均线
-16.2%
vs 200-day average相对200日均线
-16.0%
Golden cross (50>200)金叉（50>200）
in effect生效中
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down动能向下
3-day3日线
momentum down — fresh downturn动能向下——刚刚转弱
Weekly周线
momentum down动能向下
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range width percentile波幅宽度分位
75/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Surprise history超预期历史
| Quarter季度 | Reported实际 | Expected预期 | Surprise超预期 |
|---|---|---|---|
| Jun 2026 | $0.19 | $0.15 | +26.7% |
| Mar 2026 | $0.05 | $0.03 | +66.7% |
| Dec 2025 | $0.01 | $0.02 | -50.0% |
| Sep 2025 | $0.04 | $0.04 | 0.0% |
Estimate revisions预期修正
Analysts covering覆盖分析师
3
Estimate direction预期调整方向
mostly cutting多数下调
Estimate change, 90 days预期变化（90天）
+13.1%
Net upgrades, 30 days净上调（30天）
+1
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Tracked funds holding it跟踪基金持仓
| Fund基金 | Grade评级 | Latest move最新动作 | % of book组合占比 | Position市值 |
|---|---|---|---|---|
| Soros Fund Management | B | New position新建仓 | 0.1% | $5M |
Fund positioning基金持仓概览
Tracked funds in the name持有该股的跟踪基金
1
Buying vs selling买入vs卖出
1 : 0
Insiders & shorts内部人与空头
Days to cover回补天数
5.6
Short interest change空头变化
-5.2%
Recent fund flows近期基金流向
First Trust Nasdaq SemiconductorFirst Trust Nasdaq Semiconductor
accumulating持续增持
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Seasonality — full detail季节性 — 完整明细
Strongest month最强月份
May · 100%
Weakest month最弱月份
Aug · 0%
Month by month逐月统计
| Month月份 | Closed higher收涨占比 | Median move中位涨跌 | Years年数 |
|---|---|---|---|
| Jan1月 | 67% | +0.3% | 3 |
| Feb2月 | 67% | +0.5% | 3 |
| Mar3月 | 33% | -2.0% | 3 |
| Apr4月 | 67% | +2.3% | 3 |
| May5月 | 100% | +9.8% | 3 |
| Jun6月 | 67% | +7.2% | 3 |
| Jul7月 | 67% | +3.7% | 3 |
| Aug8月 | 0% | -9.1% | 3 |
| Sep9月 | 25% | -0.0% | 4 |
| Oct10月 | 25% | -10.4% | 4 |
| Nov11月 | 67% | +0.4% | 3 |
| Dec12月 | 67% | +7.0% | 3 |
History is a tendency, not a promise — small samples wobble.历史规律只是倾向而非保证 — 样本少时波动大。
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。