玩股撇步(動畫小學堂)  

  • 毛利率代表著產品的競爭優勢, 要和同一個產業做比較. 如果毛利率很低的話, 就要看公司的營收規模是否夠大
  • 毛利率從谷底回升, 或許就是開始反轉的訊號
  • 營益率代表著公司的經營效率
  • 在不大幅舉債的前提下, ROE可以看出公司的經營品質
  • 穩定或持續提升的毛利率和營益率十分重要, 要當心持續下滑的毛利率和營益率
  • 本業收入比高的公司, 才容易預估財測, 值得花心力去研究
  • 無形資產佔總資產比高的公司, 可能代表這家公司是透過併購來成長. 但如果佔比高的不合理, 則要當心
  • 併購後有沒有發揮1+1>2, 營益率是一個很好的觀察指標
  • 要檢視ROE上升或下滑的原因, 根據杜邦分析不外乎是利潤率, 營收, 財務槓桿的增減
  • 租賃業要觀察延滯率(在銀行稱為逾放比率)的變化. 如果越來越多客戶拖延還錢(延滯率上升), 就代表接下來放款的錢也會變少(放款率下降)
營業毛利率,營業利益率,稅前淨利率,股東權益報酬率-近20季
EPS QoQ YoY營業毛利率 QoQ YoY營業利益率 QoQ YoY稅前淨利率 QoQ YoY稅後淨利率 QoQ YoY股東權益報酬率 QoQ YoY資產報酬率 QoQ YoY總資產周轉率 QoQ YoYEBITDA利潤率 QoQ YoY財務槓桿 QoQ YoY本業收入比 QoQ YoY業外獲益比 QoQ YoY用人費用率 QoQ YoY
24Q4 (20)0.2961.11-55.3823.0432.34-6.1916.2566.84-9.1217.3274.95-12.311.8167.52-21.211.3177.03-46.961.1980.3-44.650.1011.11-28.5724.2037.03-1.1410.565.07-32.9193.85-4.333.816.15223.08-35.8811.877.8115.24
24Q3 (19)0.18-67.86-47.0617.41-29.2-4.299.74-44.69-22.519.90-50.15-28.217.05-53.98-22.780.74-64.59-50.670.66-63.93-48.440.09-25.0-35.7117.66-30.58-5.1610.05-39.05-30.9398.1010.667.91.90-83.23-77.9411.0110.4329.99
24Q2 (18)0.5660.0-6.6724.5928.548.3717.6156.81-3.6119.8656.87-4.115.3258.433.722.0999.05-18.991.8398.91-15.670.1220.0-20.025.4429.80.5916.4925.3-18.5788.640.180.3711.36-1.35-2.799.97-11.7737.33
24Q1 (17)0.35-46.15-16.6719.13-22.11-3.5311.23-37.19-19.7312.66-35.9-22.439.67-35.49-22.521.05-57.49-38.60.92-57.21-36.550.10-28.57-16.6719.60-19.93-11.3513.16-16.39-24.7688.49-2.123.1611.5119.94-19.0511.309.7118.7
23Q4 (16)0.6591.1891.1824.5635.024.4717.8842.24-1.1119.7543.227.7514.9964.1865.452.4764.6753.422.1567.9758.090.140.0-6.6724.4831.477.2315.748.18-16.7290.40-0.56-8.439.6011.13653.4110.3021.6133.07
23Q3 (15)0.34-43.33-46.0318.19-19.8315.6412.57-31.216.0713.79-33.41-9.19.13-38.19-38.61.50-41.86-42.971.28-41.01-41.010.14-6.67-6.6718.62-26.37-6.0114.55-28.15-20.4990.912.9327.078.64-26.06-69.658.4716.671.44
23Q2 (14)0.6042.861100.022.6914.427.3818.2730.5910.2620.7126.931.4914.7718.356613.642.5850.886350.02.1749.667133.330.1525.00.025.2914.3825.0720.2515.78-18.8788.322.96-16.211.68-17.86331.957.26-23.74-9.36
23Q1 (13)0.4223.5361.5419.83-15.6516.3713.99-22.6235.5616.32-10.9737.3712.4837.7540.221.716.2155.451.456.6252.630.12-20.09.0922.11-3.1521.2217.49-7.4626.8385.78-13.11-1.4914.221016.2810.029.5223.0-11.77
22Q4 (12)0.34-46.03-62.6423.5149.46-27.0618.0866.94-32.6418.3320.83-32.369.06-39.07-54.451.61-38.78-65.01.36-37.33-65.040.150.0-25.022.8315.24-25.3718.903.280.6998.7338.0-0.281.27-95.5227.817.74-7.31-2.76
22Q3 (11)0.631150.0103.2315.73-25.56-15.3810.83-34.64-8.4515.17-3.6810.2514.876659.0960.932.636475.086.522.177133.3380.830.150.015.3819.81-2.033.6618.30-26.685.8471.54-32.12-16.8828.46665.1104.298.354.24-15.57
22Q2 (10)-0.06-123.08-112.7721.1324.0-35.116.5760.56-37.515.7532.58-42.770.22-97.53-98.240.04-96.36-98.340.03-96.84-98.510.1536.36-6.2520.2210.86-36.2524.9681.038.98105.4021.049.4-5.04-138.96-237.568.01-25.76-8.25
22Q1 (9)0.26-71.43-68.6717.04-47.13-48.6910.32-61.55-61.7611.88-56.16-58.48.90-55.25-59.711.10-76.09-73.370.95-75.58-71.980.11-45.0-26.6718.24-40.37-44.6413.79-26.53-31.687.07-12.05-7.7612.931196.83139.1210.7935.5525.03
21Q4 (8)0.91193.55-24.7932.2373.37-18.1826.84126.88-19.527.1096.95-18.6419.89115.26-20.124.60226.24-28.683.89224.17-25.760.2053.85-4.7630.5960.07-16.618.778.56-21.199.0015.03-1.121.00-92.85890.377.96-19.516.42
21Q3 (7)0.31-34.04-60.7618.59-42.91-38.6511.83-55.38-50.7113.76-50.0-45.359.24-26.2-52.251.41-41.49-68.031.20-40.59-66.10.13-18.75-27.7819.11-39.75-34.8417.29-3.73-23.1686.07-10.66-9.7213.93280.52198.599.8913.2921.2
21Q2 (6)0.47-43.37-28.7932.56-1.96-10.0126.51-1.78-10.8927.52-3.64-10.7712.52-43.32-23.12.41-41.65-39.62.02-40.41-37.270.166.67-20.031.72-3.73-8.5617.96-10.91-33.1196.342.05-0.13.66-32.272.668.731.160
21Q1 (5)0.83-31.4207.4133.21-15.6919.8126.99-19.0544.828.56-14.2676.8422.09-11.2987.684.13-35.97161.393.39-35.31166.930.15-28.5736.3632.95-10.1741.2320.16-15.26-4.8294.40-5.72-18.215.414386.49135.048.6315.37-26.62
20Q4 (4)1.2153.160.039.3930.00.033.3438.920.033.3132.290.024.9028.680.06.4546.260.05.2448.020.00.2116.670.036.6825.060.023.795.730.0100.135.030.0-0.13-102.70.07.48-8.330.0
20Q3 (3)0.7919.70.030.30-16.250.024.00-19.330.025.18-18.350.019.3518.860.04.4110.530.03.549.940.00.18-10.00.029.33-15.450.022.50-16.20.095.33-1.140.04.6730.830.08.1600.0
20Q2 (2)0.66144.440.036.1830.520.029.7559.60.030.8490.960.016.2838.320.03.99152.530.03.22153.540.00.2081.820.034.6948.690.026.8526.770.096.43-16.450.03.57123.120.00.00-100.00.0
20Q1 (1)0.270.00.027.720.00.018.640.00.016.150.00.011.770.00.01.580.00.01.270.00.00.110.00.023.330.00.021.180.00.0115.430.00.0-15.430.00.011.760.00.0
營業毛利率,營業利益率,稅前淨利率,股東權益報酬率-近10年
EPS YoY營業毛利率 YoY營業利益率 YoY折舊負擔比率 YoY稅前淨利率 YoY稅後淨利率 YoY股東權益報酬率 YoY資產報酬率 YoY總資產周轉率 YoYEBITDA利潤率 YoY財務槓桿 YoY本業收入比 YoY業外獲益比 YoY無形資產佔總資產比 YoY用人費用率 YoY
2024 (10)1.38-31.3421.30-0.5613.99-11.466.5334.4515.29-13.9111.26-12.715.19-36.864.61-34.330.41-24.0722.01-3.0410.56-32.9191.432.88.43-23.190.12-20.2610.9824.21
2023 (9)2.0171.7921.429.5115.8010.84.860.7217.7614.2912.9059.268.2254.87.0257.050.54-1.8222.7011.0615.74-16.7288.94-3.0610.9732.860.1698.748.843.15
2022 (8)1.17-53.5719.56-34.4914.26-40.134.8214.7515.54-37.648.10-50.735.31-57.554.47-56.690.55-12.720.44-29.9518.900.6991.74-4.038.2687.480.081.858.57-1.49
2021 (7)2.52-14.2929.86-13.1223.82-13.984.200.0124.92-10.6816.44-13.8412.51-21.5710.32-18.160.63-4.5529.18-9.3818.77-21.195.60-3.684.40483.050.08-81.468.703.08
2020 (6)2.944.2634.373.2427.694.814.200.8227.904.4919.082.3115.95-10.7412.61-8.560.66-9.5932.203.3723.79-19.8599.240.30.76-28.270.41-8.978.444.58
2019 (5)2.8218.4933.292.1526.420.884.17-11.6326.701.7118.65-0.3217.873.2413.791.40.732.8231.15-1.0229.68-8.0598.95-0.831.05363.120.4608.07-8.19
2018 (4)2.3880.332.5939.5126.1964.724.72-15.7826.2557.1918.7141.6417.3159.9813.6059.250.7114.5231.4737.1232.2823.1199.774.790.23-95.250.0008.79-11.75
2017 (3)1.32214.2923.3653.7915.90132.85.60-19.9616.70246.4713.21222.9810.82287.818.54263.40.6224.022.9582.026.22-28.3295.21-33.04.7900.0309.96-14.21
2016 (2)0.42950.015.1950.46.83413.536.992.824.821828.04.0902.7902.3500.502.0412.6162.2936.583.92142.11-73.05-41.6300.00011.611.13
2015 (1)0.04-94.0310.1001.3306.8020.620.250-1.320-0.860-0.4100.49-7.557.77-48.3435.209.93527.27418.77-427.2700.00011.4813.1

免責聲明

本網站所有資料僅供參考,如使用者依本資料交易發生交易損失需自行負責,本網站對資料內容錯誤﹑更新延誤不負任何責任。