- 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)
| 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 YoY | EBITDA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 | |||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24Q3 (20) | 0.69 | 15.0 | -57.41 | 26.60 | -26.6 | 35.03 | -5.37 | 80.36 | -314.8 | 253.58 | 2.54 | -54.43 | 253.76 | 2.9 | -53.26 | 2.30 | 26.37 | -57.09 | 1.45 | 26.09 | -40.33 | 0.01 | 0 | 0 | 284.85 | -0.92 | -54.32 | 78.33 | 11.01 | -40.79 | -2.41 | 76.71 | 0 | 102.41 | -8.62 | 2.41 | 27.76 | -24.01 | 113.05 |
| 24Q2 (19) | 0.60 | 46.34 | 176.92 | 36.24 | 0.36 | -5.21 | -27.34 | -35.55 | -706.49 | 247.30 | 1.25 | 133.15 | 246.61 | 5.97 | 132.72 | 1.82 | 4.0 | 143.44 | 1.15 | 15.0 | 169.28 | 0.00 | 0 | 0 | 287.50 | -4.17 | 142.42 | 70.56 | -24.37 | -51.56 | -10.34 | -44.83 | 0 | 112.07 | 2.32 | 12.07 | 36.53 | -13.35 | 56.92 |
| 24Q1 (18) | 0.41 | 36.67 | -62.04 | 36.11 | 7.37 | 446.88 | -20.17 | -299.41 | 63.25 | 244.25 | 274.62 | -63.76 | 232.71 | 326.36 | -65.47 | 1.75 | 40.0 | -21.88 | 1.00 | 33.33 | -15.97 | 0.00 | -100.0 | 0 | 300.00 | 230.76 | -60.0 | 93.30 | -25.76 | -16.7 | -7.14 | 0.0 | 7.14 | 109.52 | 2.22 | 1.7 | 42.16 | 73.5 | 23.24 |
| 23Q4 (17) | 0.30 | -81.48 | 475.0 | 33.63 | 70.71 | 615.8 | -5.05 | -302.0 | 90.71 | 65.20 | -88.28 | -67.99 | 54.58 | -89.95 | -51.39 | 1.25 | -76.68 | 115.52 | 0.75 | -69.14 | 8.7 | 0.01 | 0 | 0 | 90.70 | -85.45 | -71.78 | 125.67 | -5.01 | 11.82 | -7.14 | 0 | 74.11 | 107.14 | 7.14 | -16.02 | 24.30 | 86.49 | -56.63 |
| 23Q3 (16) | 1.62 | 307.69 | 57.28 | 19.70 | -48.47 | -72.38 | 2.50 | 173.75 | -95.77 | 556.48 | 174.58 | 64.66 | 542.89 | 172.02 | 60.65 | 5.36 | 227.92 | 46.05 | 2.43 | 246.39 | -19.0 | 0.00 | 0 | -100.0 | 623.53 | 192.0 | 80.73 | 132.30 | -9.17 | 486.44 | 0.00 | 0 | -100.0 | 100.00 | 0.0 | 21.82 | 13.03 | -44.03 | 128.2 |
| 23Q2 (15) | -0.78 | -172.22 | -454.55 | 38.23 | 467.24 | 369.23 | -3.39 | 93.82 | 84.91 | -746.11 | -210.71 | -298.99 | -753.80 | -211.85 | -301.07 | -4.19 | -287.05 | -810.17 | -1.66 | -239.5 | -407.41 | 0.00 | 0 | 0 | -677.78 | -190.37 | -256.41 | 145.66 | 30.04 | 428.52 | -0.00 | 100.0 | 100.0 | 100.00 | -7.14 | -4.35 | 23.28 | -31.95 | -41.96 |
| 23Q1 (14) | 1.08 | 1450.0 | 350.0 | -10.41 | -59.66 | 75.95 | -54.89 | -0.94 | 55.01 | 673.91 | 230.87 | -3.86 | 673.91 | 500.15 | -3.84 | 2.24 | 286.21 | 255.56 | 1.19 | 72.46 | 116.36 | 0.00 | 0 | 0 | 750.00 | 133.33 | -16.67 | 112.01 | -0.34 | 397.38 | -7.69 | 72.12 | 53.85 | 107.69 | -15.59 | -7.69 | 34.21 | -38.94 | -39.54 |
| 22Q4 (13) | -0.08 | -107.77 | -60.0 | -6.52 | -109.14 | 90.92 | -54.38 | -192.09 | 79.56 | 203.68 | -39.73 | 287.46 | 112.29 | -66.77 | 195.58 | 0.58 | -84.2 | 514.29 | 0.69 | -77.0 | 1825.0 | 0.00 | -100.0 | 0 | 321.43 | -6.83 | 0 | 112.39 | 398.18 | 282.28 | -27.59 | -260.72 | -112.54 | 127.59 | 55.42 | 191.13 | 56.03 | 881.26 | -72.59 |
| 22Q3 (12) | 1.03 | 368.18 | -14.17 | 71.33 | 602.32 | -1.83 | 59.05 | 362.91 | 0.0 | 337.96 | -9.86 | -11.02 | 337.94 | -9.86 | -18.23 | 3.67 | 522.03 | 6.07 | 3.00 | 455.56 | 10.7 | 0.01 | 0 | 0.0 | 345.00 | -20.38 | -13.0 | 22.56 | -18.14 | -27.34 | 17.16 | 477.61 | 12.07 | 82.09 | -21.48 | -3.06 | 5.71 | -85.76 | -17.72 |
| 22Q2 (11) | 0.22 | -8.33 | 204.76 | -14.20 | 67.19 | 8.03 | -22.46 | 81.59 | 83.37 | 374.94 | -46.51 | 235.41 | 374.89 | -46.5 | 167.86 | 0.59 | -6.35 | 207.27 | 0.54 | -1.82 | 250.0 | 0.00 | 0 | 0 | 433.33 | -51.85 | 388.89 | 27.56 | 22.38 | -8.47 | -4.55 | 72.73 | -110.0 | 104.55 | -10.39 | 130.0 | 40.11 | -29.11 | -27.1 |
| 22Q1 (10) | 0.24 | 580.0 | 284.62 | -43.28 | 39.75 | 26.24 | -122.00 | 54.14 | 23.69 | 700.96 | 745.15 | 313.28 | 700.79 | 696.52 | 308.53 | 0.63 | 550.0 | 270.27 | 0.55 | 1475.0 | 375.0 | 0.00 | 0 | 0 | 900.00 | 0 | 550.0 | 22.52 | -23.4 | -12.44 | -16.67 | -107.58 | -136.11 | 116.67 | 183.33 | 152.78 | 56.58 | -72.32 | 2.41 |
| 21Q4 (9) | -0.05 | -104.17 | 64.29 | -71.83 | -198.86 | -247.34 | -266.02 | -550.5 | -478.56 | -108.65 | -128.61 | -68.68 | -117.48 | -128.43 | -62.96 | -0.14 | -104.05 | 72.55 | -0.04 | -101.48 | 81.82 | 0.00 | -100.0 | 0 | 0.00 | -100.0 | 100.0 | 29.40 | -5.31 | -24.69 | 220.00 | 1336.47 | 217.78 | -140.00 | -265.32 | -555.0 | 204.42 | 2845.53 | 556.03 |
| 21Q3 (8) | 1.20 | 671.43 | 26.32 | 72.66 | 570.6 | -13.14 | 59.05 | 143.73 | -18.15 | 379.82 | 237.17 | 93.85 | 413.26 | 174.81 | 118.46 | 3.46 | 729.09 | 6.13 | 2.71 | 852.78 | 18.34 | 0.01 | 0 | 0.0 | 396.55 | 364.37 | 86.61 | 31.05 | 3.12 | -41.23 | 15.32 | -66.31 | -58.87 | 84.68 | 86.31 | 34.92 | 6.94 | -87.39 | -34.16 |
| 21Q2 (7) | -0.21 | -61.54 | -520.0 | -15.44 | 73.69 | -195.84 | -135.03 | 15.54 | -343.45 | -276.89 | 15.75 | -482.34 | -552.44 | -64.39 | -871.13 | -0.55 | -48.65 | -405.56 | -0.36 | -80.0 | -238.46 | 0.00 | 0 | 0 | -150.00 | 25.0 | -180.77 | 30.11 | 17.07 | -41.41 | 45.45 | -1.52 | 213.64 | 45.45 | -1.52 | -67.53 | 55.02 | -0.42 | 0 |
| 21Q1 (6) | -0.13 | 7.14 | 23.53 | -58.68 | -183.75 | -239.78 | -159.88 | -247.72 | -63.19 | -328.66 | -410.26 | 14.09 | -336.06 | -366.17 | 11.96 | -0.37 | 27.45 | 43.08 | -0.20 | 9.09 | 20.0 | 0.00 | 0 | 0 | -200.00 | -566.67 | 0.0 | 25.72 | -34.12 | -60.92 | 46.15 | -33.33 | 84.62 | 46.15 | 50.0 | -38.46 | 55.25 | 77.31 | 2.24 |
| 20Q4 (5) | -0.14 | -114.74 | -180.0 | -20.68 | -124.72 | -158.88 | -45.98 | -163.74 | -405.11 | -64.41 | -132.87 | -80.12 | -72.09 | -138.11 | -90.06 | -0.51 | -115.64 | -168.42 | -0.22 | -109.61 | -540.0 | 0.00 | -100.0 | 0 | -30.00 | -114.12 | -184.01 | 39.04 | -26.1 | -37.85 | 69.23 | 85.93 | 273.08 | 30.77 | -50.98 | -78.02 | 31.16 | 195.64 | 0 |
| 20Q3 (4) | 0.95 | 1800.0 | 0.0 | 83.65 | 419.24 | 0.0 | 72.14 | 336.91 | 0.0 | 195.93 | 170.55 | 0.0 | 189.17 | 164.06 | 0.0 | 3.26 | 1711.11 | 0.0 | 2.29 | 780.77 | 0.0 | 0.01 | 0 | 0.0 | 212.50 | 14.43 | 0.0 | 52.83 | 2.8 | 0.0 | 37.23 | 193.09 | 0.0 | 62.77 | -55.17 | 0.0 | 10.54 | 0 | 0.0 |
| 20Q2 (3) | 0.05 | 129.41 | 0.0 | 16.11 | 193.28 | 0.0 | -30.45 | 68.92 | 0.0 | 72.42 | 118.93 | 0.0 | 71.64 | 118.77 | 0.0 | 0.18 | 127.69 | 0.0 | 0.26 | 204.0 | 0.0 | 0.00 | 0 | 0.0 | 185.71 | 192.86 | 0.0 | 51.39 | -21.91 | 0.0 | -40.00 | -260.0 | 0.0 | 140.00 | 86.67 | 0.0 | 0.00 | -100.0 | 0.0 |
| 20Q1 (2) | -0.17 | -240.0 | 0.0 | -17.27 | -149.17 | 0.0 | -97.97 | -750.1 | 0.0 | -382.56 | -969.8 | 0.0 | -381.73 | -906.41 | 0.0 | -0.65 | -242.11 | 0.0 | -0.25 | -600.0 | 0.0 | 0.00 | 0 | 0.0 | -200.00 | -660.07 | 0.0 | 65.81 | 4.76 | 0.0 | 25.00 | 162.5 | 0.0 | 75.00 | -46.43 | 0.0 | 54.04 | 0 | 0.0 |
| 19Q4 (1) | -0.05 | 0.0 | 0.0 | 35.12 | 0.0 | 0.0 | 15.07 | 0.0 | 0.0 | -35.76 | 0.0 | 0.0 | -37.93 | 0.0 | 0.0 | -0.19 | 0.0 | 0.0 | 0.05 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 35.71 | 0.0 | 0.0 | 62.82 | 0.0 | 0.0 | -40.00 | 0.0 | 0.0 | 140.00 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 |
| 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 YoY | EBITDA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 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 (10) | 1.10 | -16.03 | 27.68 | -30.05 | -6.92 | 0 | 1.32 | -17.11 | 122.42 | -63.01 | 112.30 | -63.82 | 4.71 | -36.09 | 2.85 | -45.51 | 0.02 | 0.0 | 169.74 | -54.69 | 125.67 | 11.82 | -5.38 | 0 | 105.38 | 10.67 | 0.00 | 0 | 22.36 | -2.91 |
| 2022 (9) | 1.31 | 61.73 | 39.57 | 5.55 | 16.03 | 0 | 1.59 | -34.92 | 330.99 | 62.99 | 310.40 | 55.39 | 7.37 | 197.18 | 5.23 | 144.39 | 0.02 | 100.0 | 374.60 | 53.59 | 112.39 | 282.28 | 4.78 | 0 | 95.22 | -11.2 | 0.00 | 0 | 23.03 | -36.2 |
| 2021 (8) | 0.81 | 24.62 | 37.49 | -19.29 | -12.57 | 0 | 2.44 | 92.68 | 203.08 | 126.68 | 199.76 | 139.15 | 2.48 | 5.53 | 2.14 | 0.94 | 0.01 | -50.0 | 243.90 | 92.68 | 29.40 | -24.69 | -6.02 | 0 | 107.23 | 47.18 | 0.00 | 0 | 36.10 | 80.86 |
| 2020 (7) | 0.65 | 32.65 | 46.45 | -2.8 | 24.76 | 15.49 | 1.27 | -21.52 | 89.59 | 16.61 | 83.53 | 10.05 | 2.35 | 92.62 | 2.12 | 63.08 | 0.02 | 100.0 | 126.58 | -1.9 | 39.04 | -37.85 | 27.14 | -1.87 | 72.86 | 0.71 | 0.00 | 0 | 19.96 | 1.01 |
| 2019 (6) | 0.49 | -60.8 | 47.79 | 2.95 | 21.44 | 118.33 | 1.61 | -53.23 | 76.83 | -58.05 | 75.90 | -58.71 | 1.22 | -46.72 | 1.30 | -37.5 | 0.01 | 0.0 | 129.03 | -45.77 | 62.82 | 82.78 | 27.66 | 388.65 | 72.34 | -23.32 | 0.00 | 0 | 19.76 | -26.41 |
| 2018 (5) | 1.25 | -76.1 | 46.42 | 643.91 | 9.82 | 0 | 3.45 | 32.76 | 183.14 | -59.0 | 183.81 | -53.95 | 2.29 | -74.15 | 2.08 | -68.1 | 0.01 | -50.0 | 237.93 | -50.08 | 34.37 | -9.36 | 5.66 | 0 | 94.34 | -11.1 | 0.00 | 0 | 26.85 | 13.29 |
| 2017 (4) | 5.23 | 37.27 | 6.24 | -82.79 | -26.49 | 0 | 2.60 | 53.25 | 446.68 | 128.56 | 399.16 | 109.97 | 8.86 | -16.96 | 6.52 | -6.46 | 0.02 | -33.33 | 476.62 | 119.69 | 37.92 | -28.92 | -5.83 | 0 | 106.12 | -7.89 | 0.00 | 0 | 23.70 | 31.3 |
| 2016 (3) | 3.81 | 376.25 | 36.25 | 122.39 | -29.22 | 0 | 1.69 | -4.24 | 195.43 | 364.87 | 190.10 | 357.19 | 10.67 | 206.61 | 6.97 | 181.05 | 0.03 | -25.0 | 216.95 | 250.2 | 53.35 | -42.04 | -14.78 | 0 | 115.22 | 0.28 | 0.00 | 0 | 18.05 | 14.53 |
| 2015 (2) | 0.80 | -17.53 | 16.30 | 181.52 | -5.92 | 0 | 1.77 | -23.89 | 42.04 | 43.38 | 41.58 | 39.06 | 3.48 | -27.8 | 2.48 | -23.22 | 0.04 | -50.0 | 61.95 | 45.97 | 92.04 | -0.78 | -14.89 | 0 | 114.89 | -37.56 | 0.00 | 0 | 15.76 | 73.76 |
| 2014 (1) | 0.97 | 0 | 5.79 | 0 | -24.08 | 0 | 2.33 | 44.77 | 29.32 | 0 | 29.90 | 0 | 4.82 | 0 | 3.23 | 0 | 0.08 | -42.86 | 42.44 | 0 | 92.76 | -2.69 | -82.00 | 0 | 184.00 | 155.23 | 0.00 | 0 | 9.07 | 33.38 |
