Industry Trends: Shipping industry dynamics, including freight rates and demand-supply balance, significantly impact revenue.

Global Economy: Economic growth or recession affects trade volume and subsequently, shipping demand.

Fuel Costs: Bunker fuel prices are a major expense. Fluctuations affect profitability and share price.

Company Performance: Financial results like revenue, profit margins, and debt levels influence investor confidence.

Regulatory Changes: Environmental regulations (e.g., emission standards) can increase operating costs.

Geopolitical Events: Events such as trade wars or political instability impact shipping routes and demand.

Currency Exchange Rates: Fluctuations affect revenue translated into TWD and costs incurred in other currencies.

Interest Rates: Higher interest rates can increase borrowing costs, affecting investment decisions.

Investor Sentiment: Overall market sentiment and investor perception of the company's future prospects play a role.