- 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) | -0.34 | -3500.0 | -3500.0 | -5.08 | -559.74 | -245.56 | -6.63 | -202.74 | -643.44 | -7.15 | -14200.0 | -961.45 | -5.79 | -8371.43 | -3316.67 | -2.46 | -8300.0 | -4200.0 | -1.75 | -2600.0 | -1850.0 | 0.31 | -11.43 | 19.23 | -4.68 | -322.86 | -213.87 | 32.96 | -18.44 | -10.73 | 92.63 | -97.53 | -37.15 | 7.37 | 100.2 | 115.57 | 2.32 | 14.85 | -22.92 |
| 24Q2 (19) | 0.01 | 116.67 | 101.75 | -0.77 | 17.2 | 94.73 | -2.19 | 37.61 | 86.8 | -0.05 | 97.4 | 99.7 | 0.07 | 104.61 | 100.54 | 0.03 | 106.38 | 100.66 | 0.07 | 123.33 | 102.06 | 0.35 | 52.17 | 34.62 | 2.10 | 45.83 | 115.59 | 40.41 | 27.72 | 19.17 | 3750.00 | 1967.31 | 3669.53 | -3650.00 | -4384.29 | -1409000.0 | 2.02 | -37.46 | -35.67 |
| 24Q1 (18) | -0.06 | 80.65 | 0 | -0.93 | 85.02 | -381.82 | -3.51 | 58.46 | -132.45 | -1.92 | 76.53 | -910.53 | -1.52 | 75.52 | -4966.67 | -0.47 | 79.91 | -4600.0 | -0.30 | 82.04 | -1600.0 | 0.23 | -17.86 | -11.54 | 1.44 | 127.27 | -50.85 | 31.64 | -11.92 | -0.41 | 181.40 | 75.6 | -79.27 | -81.40 | -2365.12 | 89.5 | 3.23 | -12.23 | -1.22 |
| 23Q4 (17) | -0.31 | -3200.0 | -10.71 | -6.21 | -277.94 | -14.15 | -8.45 | -792.62 | -10.6 | -8.18 | -1085.54 | -13.77 | -6.21 | -3550.0 | -6.7 | -2.34 | -4000.0 | -11.96 | -1.67 | -1770.0 | -3.73 | 0.28 | 7.69 | 0.0 | -5.28 | -228.47 | -24.53 | 35.92 | -2.71 | 10.25 | 103.30 | -29.9 | -3.29 | -3.30 | 93.03 | 47.17 | 3.68 | 22.26 | -0.81 |
| 23Q3 (16) | 0.01 | 101.75 | 103.03 | 3.49 | 123.89 | 153.94 | 1.22 | 107.35 | 114.81 | 0.83 | 104.99 | 111.51 | 0.18 | 101.38 | 103.12 | 0.06 | 101.32 | 102.42 | 0.10 | 102.94 | 105.26 | 0.26 | 0.0 | -21.21 | 4.11 | 130.51 | 185.09 | 36.92 | 8.88 | 64.82 | 147.37 | 48.14 | 29.09 | -47.37 | -18384.21 | -234.63 | 3.01 | -4.14 | 36.2 |
| 23Q2 (15) | -0.57 | 0 | -103.57 | -14.61 | -4527.27 | -479.76 | -16.59 | -998.68 | -354.52 | -16.64 | -8657.89 | -292.45 | -13.08 | -43500.0 | -234.53 | -4.56 | -45500.0 | -123.53 | -3.40 | -17100.0 | -116.56 | 0.26 | 0.0 | -35.0 | -13.47 | -559.73 | -465.97 | 33.91 | 6.74 | -4.99 | 99.48 | -88.63 | 15.94 | 0.26 | 100.03 | -98.18 | 3.14 | -3.98 | 82.56 |
| 23Q1 (14) | 0.00 | 100.0 | -100.0 | 0.33 | 106.07 | -88.3 | -1.51 | 80.24 | -232.46 | -0.19 | 97.36 | -103.75 | -0.03 | 99.48 | -100.78 | -0.01 | 99.52 | -100.55 | 0.02 | 101.24 | -98.65 | 0.26 | -7.14 | -31.58 | 2.93 | 169.1 | -58.56 | 31.77 | -2.49 | 39.34 | 875.00 | 719.15 | 3815.62 | -775.00 | -12300.0 | -1098.02 | 3.27 | -11.86 | 34.57 |
| 22Q4 (13) | -0.28 | 15.15 | 37.78 | -5.44 | 15.92 | 31.66 | -7.64 | 7.28 | 20.91 | -7.19 | 0.28 | 28.03 | -5.82 | -0.87 | 29.11 | -2.09 | 15.73 | 33.01 | -1.61 | 15.26 | 36.11 | 0.28 | -15.15 | -9.68 | -4.24 | 12.22 | 45.15 | 32.58 | 45.45 | 24.54 | 106.82 | -6.43 | 10.69 | -6.25 | 55.85 | -298.61 | 3.71 | 67.87 | 62.72 |
| 22Q3 (12) | -0.33 | -17.86 | -17.86 | -6.47 | -156.75 | -62.97 | -8.24 | -125.75 | -55.77 | -7.21 | -70.05 | -29.91 | -5.77 | -47.57 | -26.81 | -2.48 | -21.57 | -31.22 | -1.90 | -21.02 | -21.02 | 0.33 | -17.5 | -5.71 | -4.83 | -102.94 | -33.43 | 22.40 | -37.24 | 8.42 | 114.16 | 33.04 | 20.06 | -14.16 | -199.7 | -387.82 | 2.21 | 28.49 | 22.1 |
| 22Q2 (11) | -0.28 | -255.56 | -159.57 | -2.52 | -189.36 | -142.5 | -3.65 | -420.18 | -186.29 | -4.24 | -183.63 | -181.54 | -3.91 | -201.82 | -154.08 | -2.04 | -212.09 | -165.38 | -1.57 | -206.08 | -159.7 | 0.40 | 5.26 | 11.11 | -2.38 | -133.66 | -133.85 | 35.69 | 56.54 | 75.21 | 85.80 | 283.97 | 5.33 | 14.20 | -81.72 | -23.42 | 1.72 | -29.22 | -43.23 |
| 22Q1 (10) | 0.18 | 140.0 | -60.0 | 2.82 | 135.43 | -79.02 | 1.14 | 111.8 | -88.89 | 5.07 | 150.75 | -61.79 | 3.84 | 146.77 | -65.99 | 1.82 | 158.33 | -42.41 | 1.48 | 158.73 | -44.57 | 0.38 | 22.58 | 58.33 | 7.07 | 191.46 | -56.3 | 22.80 | -12.84 | 33.57 | 22.35 | -76.84 | -71.02 | 77.65 | 2367.66 | 244.59 | 2.43 | 6.58 | -48.08 |
| 21Q4 (9) | -0.45 | -60.71 | -153.57 | -7.96 | -100.5 | -142.96 | -9.66 | -82.61 | -160.72 | -9.99 | -80.0 | -148.54 | -8.21 | -80.44 | -147.16 | -3.12 | -65.08 | -148.83 | -2.52 | -60.51 | -147.01 | 0.31 | -11.43 | 0.0 | -7.73 | -113.54 | -133.46 | 26.16 | 26.62 | 26.07 | 96.50 | 1.5 | 25.03 | 3.15 | -36.01 | -86.09 | 2.28 | 25.97 | -52.89 |
| 21Q3 (8) | -0.28 | -159.57 | -1500.0 | -3.97 | -166.95 | -373.79 | -5.29 | -225.06 | -429.0 | -5.55 | -206.73 | -1040.68 | -4.55 | -162.93 | -884.48 | -1.89 | -160.58 | -1150.0 | -1.57 | -159.7 | -1146.67 | 0.35 | -2.78 | 40.0 | -3.62 | -151.49 | -197.05 | 20.66 | 1.42 | 16.13 | 95.08 | 16.72 | 157.05 | 4.92 | -73.47 | -98.1 | 1.81 | -40.26 | -51.34 |
| 21Q2 (7) | 0.47 | 4.44 | 67.86 | 5.93 | -55.88 | 7.23 | 4.23 | -58.77 | 52.16 | 5.20 | -60.81 | -51.27 | 7.23 | -35.96 | -5.98 | 3.12 | -1.27 | 42.47 | 2.63 | -1.5 | 48.59 | 0.36 | 50.0 | 56.52 | 7.03 | -56.55 | -50.46 | 20.37 | 19.33 | -27.25 | 81.46 | 5.64 | 213.31 | 18.54 | -17.73 | -74.95 | 3.03 | -35.26 | -36.88 |
| 21Q1 (6) | 0.45 | -46.43 | 176.27 | 13.44 | -27.47 | 176.02 | 10.26 | -35.51 | 150.07 | 13.27 | -35.52 | 161.27 | 11.29 | -35.15 | 161.76 | 3.16 | -50.55 | 171.01 | 2.67 | -50.19 | 175.42 | 0.24 | -22.58 | 26.32 | 16.18 | -29.96 | 190.8 | 17.07 | -17.73 | -19.9 | 77.11 | -0.1 | -18.46 | 22.54 | -0.39 | 314.65 | 4.68 | -3.31 | -17.61 |
| 20Q4 (5) | 0.84 | 4100.0 | 1300.0 | 18.53 | 1177.93 | 1036.81 | 15.91 | 1691.0 | 52933.33 | 20.58 | 3388.14 | 1380.58 | 17.41 | 2901.72 | 1126.06 | 6.39 | 3450.0 | 1083.33 | 5.36 | 3473.33 | 1146.51 | 0.31 | 24.0 | 6.9 | 23.10 | 519.3 | 501.56 | 20.75 | 16.64 | -27.7 | 77.19 | 146.31 | 2833.08 | 22.62 | -91.24 | -77.38 | 4.84 | 30.11 | 46.67 |
| 20Q3 (4) | 0.02 | -92.86 | 0.0 | 1.45 | -73.78 | 0.0 | -1.00 | -135.97 | 0.0 | 0.59 | -94.47 | 0.0 | 0.58 | -92.46 | 0.0 | 0.18 | -91.78 | 0.0 | 0.15 | -91.53 | 0.0 | 0.25 | 8.7 | 0.0 | 3.73 | -73.71 | 0.0 | 17.79 | -36.46 | 0.0 | -166.67 | -741.03 | 0.0 | 258.33 | 249.1 | 0.0 | 3.72 | -22.5 | 0.0 |
| 20Q2 (3) | 0.28 | 147.46 | 0.0 | 5.53 | 131.28 | 0.0 | 2.78 | 113.57 | 0.0 | 10.67 | 149.26 | 0.0 | 7.69 | 142.07 | 0.0 | 2.19 | 149.21 | 0.0 | 1.77 | 150.0 | 0.0 | 0.23 | 21.05 | 0.0 | 14.19 | 179.63 | 0.0 | 28.00 | 31.39 | 0.0 | 26.00 | -72.51 | 0.0 | 74.00 | 1261.6 | 0.0 | 4.80 | -15.49 | 0.0 |
| 20Q1 (2) | -0.59 | -1083.33 | 0.0 | -17.68 | -1184.66 | 0.0 | -20.49 | -68400.0 | 0.0 | -21.66 | -1658.27 | 0.0 | -18.28 | -1387.32 | 0.0 | -4.45 | -924.07 | 0.0 | -3.54 | -923.26 | 0.0 | 0.19 | -34.48 | 0.0 | -17.82 | -564.06 | 0.0 | 21.31 | -25.75 | 0.0 | 94.57 | 3493.48 | 0.0 | 5.43 | -94.57 | 0.0 | 5.68 | 72.12 | 0.0 |
| 19Q4 (1) | 0.06 | 0.0 | 0.0 | 1.63 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | 1.39 | 0.0 | 0.0 | 1.42 | 0.0 | 0.0 | 0.54 | 0.0 | 0.0 | 0.43 | 0.0 | 0.0 | 0.29 | 0.0 | 0.0 | 3.84 | 0.0 | 0.0 | 28.70 | 0.0 | 0.0 | 2.63 | 0.0 | 0.0 | 100.00 | 0.0 | 0.0 | 3.30 | 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) | -0.88 | 0 | -4.31 | 0 | -6.40 | 0 | 2.91 | 35.7 | -6.11 | 0 | -4.83 | 0 | -6.63 | 0 | -4.78 | 0 | 1.02 | -27.66 | -3.00 | 0 | 35.92 | 10.25 | 104.80 | -26.03 | -4.63 | 0 | 0.05 | -23.92 | 3.29 | 36.51 |
| 2022 (9) | -0.71 | 0 | -2.54 | 0 | -4.18 | 0 | 2.15 | 1.42 | -2.94 | 0 | -2.58 | 0 | -4.71 | 0 | -3.58 | 0 | 1.41 | 10.16 | -0.72 | 0 | 32.58 | 24.54 | 141.69 | -90.11 | -41.95 | 0 | 0.07 | -21.75 | 2.41 | -14.23 |
| 2021 (8) | 0.20 | -63.64 | 1.13 | -69.95 | -0.73 | 0 | 2.12 | -31.3 | -0.05 | 0 | 0.90 | -74.79 | 1.42 | -63.96 | 1.18 | -63.13 | 1.28 | 43.82 | 2.11 | -72.7 | 26.16 | 26.07 | 1433.33 | 5776.67 | -1316.67 | 0 | 0.09 | -22.47 | 2.81 | -40.59 |
| 2020 (7) | 0.55 | -67.07 | 3.76 | -66.99 | 1.11 | -87.33 | 3.08 | 37.42 | 4.55 | -46.28 | 3.57 | -50.55 | 3.94 | -66.61 | 3.20 | -64.33 | 0.89 | -27.64 | 7.73 | -28.43 | 20.75 | -27.7 | 24.39 | -76.43 | 75.61 | 0 | 0.11 | -13.97 | 4.73 | 13.98 |
| 2019 (6) | 1.67 | -27.39 | 11.39 | -11.36 | 8.76 | -12.22 | 2.24 | 29.19 | 8.47 | -15.81 | 7.22 | -6.48 | 11.80 | -23.97 | 8.97 | -19.98 | 1.23 | -14.58 | 10.80 | -13.11 | 28.70 | -20.7 | 103.48 | 4.35 | -3.48 | 0 | 0.13 | -15.28 | 4.15 | -9.19 |
| 2018 (5) | 2.30 | 15.0 | 12.85 | 12.23 | 9.98 | 14.71 | 1.74 | -10.48 | 10.06 | 19.05 | 7.72 | 15.74 | 15.52 | 19.2 | 11.21 | 26.24 | 1.44 | 10.77 | 12.43 | 11.38 | 36.19 | -18.25 | 99.16 | -3.7 | 0.84 | 0 | 0.15 | 0 | 4.57 | -0.44 |
| 2017 (4) | 2.00 | -25.09 | 11.45 | -27.26 | 8.70 | -31.98 | 1.94 | -6.56 | 8.45 | -28.63 | 6.67 | -29.34 | 13.02 | -30.74 | 8.88 | -23.12 | 1.30 | 9.24 | 11.16 | -25.4 | 44.27 | -21.13 | 102.97 | -4.7 | -2.97 | 0 | 0.00 | 0 | 4.59 | -10.53 |
| 2016 (3) | 2.67 | 103.82 | 15.74 | 58.83 | 12.79 | 77.89 | 2.07 | 29.04 | 11.84 | 108.08 | 9.44 | 116.02 | 18.80 | 100.64 | 11.55 | 101.57 | 1.19 | -3.25 | 14.96 | 80.46 | 56.13 | -30.39 | 108.04 | -14.5 | -8.04 | 0 | 0.00 | 0 | 5.13 | -4.65 |
| 2015 (2) | 1.31 | 0 | 9.91 | 0 | 7.19 | 0 | 1.61 | 36.22 | 5.69 | 0 | 4.37 | 0 | 9.37 | 0 | 5.73 | 0 | 1.23 | -25.0 | 8.29 | 0 | 80.64 | 21.83 | 126.37 | 4.88 | -26.24 | 0 | 0.00 | 0 | 5.38 | 40.47 |
| 2014 (1) | -0.07 | 0 | -0.86 | 0 | -2.87 | 0 | 1.18 | 4.45 | -2.38 | 0 | -0.30 | 0 | -5.53 | 0 | -3.03 | 0 | 1.64 | -11.83 | -0.51 | 0 | 66.19 | -5.04 | 120.49 | 9.29 | -20.49 | 0 | 0.00 | 0 | 3.83 | -42.06 |
