- 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) | 0.03 | 127.27 | 110.0 | 2.44 | 500.0 | 147.56 | 0.50 | 116.39 | 106.42 | 0.57 | 119.72 | 107.67 | 0.57 | 119.72 | 107.67 | 0.34 | 125.95 | 109.74 | 0.32 | 174.42 | 122.86 | 0.27 | 35.0 | 28.57 | 3.77 | 129.88 | 225.67 | 128.75 | 6.48 | 1.18 | 75.00 | -30.0 | -28.57 | 0.00 | 100.0 | 100.0 | 5.21 | -26.52 | -17.69 |
| 24Q2 (19) | -0.11 | 0.0 | 57.69 | -0.61 | -35.56 | 86.77 | -3.05 | -19.61 | 61.68 | -2.89 | -25.11 | 62.61 | -2.89 | -25.11 | 62.61 | -1.31 | 0.76 | 55.59 | -0.43 | 4.44 | 63.56 | 0.20 | -23.08 | 17.65 | 1.64 | 28.12 | 166.67 | 120.91 | -0.98 | 4.35 | 107.14 | -6.25 | 4.17 | -7.14 | 0.0 | -150.0 | 7.09 | 27.98 | -5.21 |
| 24Q1 (18) | -0.11 | 38.89 | 57.69 | -0.45 | 76.19 | 89.7 | -2.55 | 41.65 | 66.0 | -2.31 | 48.21 | 69.03 | -2.31 | 46.53 | 69.03 | -1.32 | 38.03 | 54.17 | -0.45 | 43.75 | 61.54 | 0.26 | 18.18 | 44.44 | 1.28 | 811.11 | 150.0 | 122.11 | 7.07 | 1.09 | 114.29 | 14.29 | 14.29 | -7.14 | 0 | 0 | 5.54 | -8.28 | -26.13 |
| 23Q4 (17) | -0.18 | 40.0 | -260.0 | -1.89 | 63.16 | -213.86 | -4.37 | 43.9 | -324.27 | -4.46 | 39.97 | -401.12 | -4.32 | 41.86 | -336.36 | -2.13 | 38.97 | -309.62 | -0.80 | 42.86 | -566.67 | 0.22 | 4.76 | -8.33 | -0.18 | 94.0 | -107.26 | 114.05 | -10.37 | -2.55 | 100.00 | -4.76 | -14.29 | -0.00 | 100.0 | 100.0 | 6.04 | -4.58 | 2.03 |
| 23Q3 (16) | -0.30 | -15.38 | -500.0 | -5.13 | -11.28 | -249.56 | -7.79 | 2.14 | -477.04 | -7.43 | 3.88 | -707.61 | -7.43 | 3.88 | -707.61 | -3.49 | -18.31 | -558.49 | -1.40 | -18.64 | -976.92 | 0.21 | 23.53 | -19.23 | -3.00 | -21.95 | -255.44 | 127.25 | 9.82 | 8.72 | 105.00 | 2.08 | -26.5 | -5.00 | -75.0 | 88.33 | 6.33 | -15.37 | 24.85 |
| 23Q2 (15) | -0.26 | 0.0 | -152.0 | -4.61 | -5.49 | -142.1 | -7.96 | -6.13 | -215.7 | -7.73 | -3.62 | -203.07 | -7.73 | -3.62 | -203.07 | -2.95 | -2.43 | -154.03 | -1.18 | -0.85 | -148.36 | 0.17 | -5.56 | -45.16 | -2.46 | 3.91 | -125.13 | 115.87 | -4.07 | -7.0 | 102.86 | 2.86 | 12.97 | -2.86 | 0 | -131.9 | 7.48 | -0.27 | 63.68 |
| 23Q1 (14) | -0.26 | -420.0 | -176.47 | -4.37 | -363.25 | -151.53 | -7.50 | -628.16 | -267.04 | -7.46 | -738.2 | -245.7 | -7.46 | -653.54 | -245.7 | -2.88 | -453.85 | -174.04 | -1.17 | -875.0 | -169.64 | 0.18 | -25.0 | -41.94 | -2.56 | -203.23 | -134.97 | 120.79 | 3.2 | -15.98 | 100.00 | -14.29 | 12.5 | -0.00 | 100.0 | -100.0 | 7.50 | 26.69 | 65.93 |
| 22Q4 (13) | -0.05 | 0.0 | -114.71 | 1.66 | -51.6 | -79.71 | -1.03 | 23.7 | -120.6 | -0.89 | 3.26 | -116.54 | -0.99 | -7.61 | -118.4 | -0.52 | 1.89 | -113.03 | -0.12 | 7.69 | -107.06 | 0.24 | -7.69 | -20.0 | 2.48 | 28.5 | -68.16 | 117.04 | 0.0 | -20.44 | 116.67 | -18.33 | 25.0 | -16.67 | 61.11 | -350.0 | 5.92 | 16.77 | 29.26 |
| 22Q3 (12) | -0.05 | -110.0 | -121.74 | 3.43 | -68.68 | -42.45 | -1.35 | -119.62 | -137.6 | -0.92 | -112.27 | -123.17 | -0.92 | -112.27 | -123.17 | -0.53 | -109.71 | -119.34 | -0.13 | -105.33 | -111.02 | 0.26 | -16.13 | -3.7 | 1.93 | -80.29 | -72.7 | 117.04 | -6.06 | -22.69 | 142.86 | 56.91 | 58.73 | -42.86 | -578.57 | -528.57 | 5.07 | 10.94 | 3.89 |
| 22Q2 (11) | 0.50 | 47.06 | 163.16 | 10.95 | 29.13 | 81.89 | 6.88 | 53.23 | 117.03 | 7.50 | 46.48 | 125.9 | 7.50 | 46.48 | 125.9 | 5.46 | 40.36 | 128.45 | 2.44 | 45.24 | 141.58 | 0.31 | 0.0 | 10.71 | 9.79 | 33.74 | 55.64 | 124.59 | -13.34 | -23.22 | 91.04 | 2.43 | -5.16 | 8.96 | -32.84 | 123.88 | 4.57 | 1.11 | -6.54 |
| 22Q1 (10) | 0.34 | 0.0 | 580.0 | 8.48 | 3.67 | 51.16 | 4.49 | -10.2 | 323.58 | 5.12 | -4.83 | 397.09 | 5.12 | -4.83 | 397.09 | 3.89 | -2.51 | 537.7 | 1.68 | -1.18 | 394.12 | 0.31 | 3.33 | 34.78 | 7.32 | -6.03 | 61.59 | 143.77 | -2.26 | -10.14 | 88.89 | -4.76 | -23.81 | 13.33 | 100.0 | 0 | 4.52 | -1.31 | -28.71 |
| 21Q4 (9) | 0.34 | 47.83 | 300.0 | 8.18 | 37.25 | 125.34 | 5.00 | 39.28 | 226.26 | 5.38 | 35.52 | 215.7 | 5.38 | 35.52 | 215.2 | 3.99 | 45.62 | 283.03 | 1.70 | 44.07 | 332.88 | 0.30 | 11.11 | 66.67 | 7.79 | 10.18 | 3995.0 | 147.10 | -2.83 | -9.79 | 93.33 | 3.7 | 12.98 | 6.67 | -33.33 | -48.89 | 4.58 | -6.15 | -14.71 |
| 21Q3 (8) | 0.23 | 21.05 | 179.31 | 5.96 | -1.0 | 183.71 | 3.59 | 13.25 | 128.18 | 3.97 | 19.58 | 132.07 | 3.97 | 19.58 | 132.07 | 2.74 | 14.64 | 178.51 | 1.18 | 16.83 | 189.39 | 0.27 | -3.57 | 125.0 | 7.07 | 12.4 | 219.83 | 151.39 | -6.7 | -0.59 | 90.00 | -6.25 | -12.31 | 10.00 | 150.0 | 480.0 | 4.88 | -0.2 | -42.38 |
| 21Q2 (7) | 0.19 | 280.0 | 140.43 | 6.02 | 7.31 | 137.55 | 3.17 | 199.06 | 114.76 | 3.32 | 222.33 | 116.2 | 3.32 | 222.33 | 116.2 | 2.39 | 291.8 | 143.22 | 1.01 | 197.06 | 144.89 | 0.28 | 21.74 | 133.33 | 6.29 | 38.85 | 145.68 | 162.27 | 1.43 | 17.71 | 96.00 | -17.71 | -8.43 | 4.00 | 0 | 182.67 | 4.89 | -22.87 | 0 |
| 21Q1 (6) | 0.05 | 129.41 | 117.24 | 5.61 | 54.55 | 227.79 | 1.06 | 126.77 | 112.03 | 1.03 | 122.15 | 112.13 | 1.03 | 122.06 | 112.13 | 0.61 | 127.98 | 118.48 | 0.34 | 146.58 | 125.76 | 0.23 | 27.78 | 35.29 | 4.53 | 2365.0 | 209.16 | 159.99 | -1.88 | 22.03 | 116.67 | 41.23 | 13.75 | 0.00 | -100.0 | 100.0 | 6.34 | 18.06 | -19.65 |
| 20Q4 (5) | -0.17 | 41.38 | -54.55 | 3.63 | 150.98 | 259.41 | -3.96 | 68.92 | -57.14 | -4.65 | 62.44 | -90.57 | -4.67 | 62.28 | -86.06 | -2.18 | 37.54 | -87.93 | -0.73 | 44.7 | -62.22 | 0.18 | 50.0 | -18.18 | -0.20 | 96.61 | -122.22 | 163.06 | 7.07 | 26.07 | 82.61 | -19.51 | -17.39 | 13.04 | 595.65 | 0 | 5.37 | -36.6 | -17.76 |
| 20Q3 (4) | -0.29 | 38.3 | 0.0 | -7.12 | 55.58 | 0.0 | -12.74 | 40.66 | 0.0 | -12.38 | 39.58 | 0.0 | -12.38 | 39.58 | 0.0 | -3.49 | 36.89 | 0.0 | -1.32 | 41.33 | 0.0 | 0.12 | 0.0 | 0.0 | -5.90 | 57.15 | 0.0 | 152.29 | 10.48 | 0.0 | 102.63 | -2.11 | 0.0 | -2.63 | 45.61 | 0.0 | 8.47 | 0 | 0.0 |
| 20Q2 (3) | -0.47 | -62.07 | 0.0 | -16.03 | -265.15 | 0.0 | -21.47 | -143.7 | 0.0 | -20.49 | -141.34 | 0.0 | -20.49 | -141.34 | 0.0 | -5.53 | -67.58 | 0.0 | -2.25 | -70.45 | 0.0 | 0.12 | -29.41 | 0.0 | -13.77 | -231.81 | 0.0 | 137.85 | 5.14 | 0.0 | 104.84 | 2.22 | 0.0 | -4.84 | -88.71 | 0.0 | 0.00 | -100.0 | 0.0 |
| 20Q1 (2) | -0.29 | -163.64 | 0.0 | -4.39 | -534.65 | 0.0 | -8.81 | -249.6 | 0.0 | -8.49 | -247.95 | 0.0 | -8.49 | -238.25 | 0.0 | -3.30 | -184.48 | 0.0 | -1.32 | -193.33 | 0.0 | 0.17 | -22.73 | 0.0 | -4.15 | -561.11 | 0.0 | 131.11 | 1.37 | 0.0 | 102.56 | 2.56 | 0.0 | -2.56 | 0 | 0.0 | 7.89 | 20.83 | 0.0 |
| 19Q4 (1) | -0.11 | 0.0 | 0.0 | 1.01 | 0.0 | 0.0 | -2.52 | 0.0 | 0.0 | -2.44 | 0.0 | 0.0 | -2.51 | 0.0 | 0.0 | -1.16 | 0.0 | 0.0 | -0.45 | 0.0 | 0.0 | 0.22 | 0.0 | 0.0 | 0.90 | 0.0 | 0.0 | 129.34 | 0.0 | 0.0 | 100.00 | 0.0 | 0.0 | -0.00 | 0.0 | 0.0 | 6.53 | 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) | -1.01 | 0 | -3.95 | 0 | -6.83 | 0 | 3.66 | 69.29 | -6.69 | 0 | -6.65 | 0 | -11.43 | 0 | -4.64 | 0 | 0.80 | -29.82 | -2.01 | 0 | 114.05 | -2.55 | 101.49 | 19.4 | -2.24 | 0 | 0.00 | 0 | 6.78 | 36.97 |
| 2022 (9) | 0.75 | -6.25 | 6.62 | 1.38 | 2.69 | -19.7 | 2.16 | -12.21 | 3.17 | -11.45 | 3.15 | -12.26 | 8.34 | -14.2 | 4.05 | -4.48 | 1.14 | 7.55 | 5.82 | -11.01 | 117.04 | -20.44 | 85.00 | -8.99 | 15.00 | 127.14 | 0.00 | 0 | 4.95 | -2.94 |
| 2021 (8) | 0.80 | 0 | 6.53 | 0 | 3.35 | 0 | 2.46 | -41.84 | 3.58 | 0 | 3.59 | 0 | 9.72 | 0 | 4.24 | 0 | 1.06 | 85.96 | 6.54 | 0 | 147.10 | -9.79 | 93.40 | -7.74 | 6.60 | 0 | 0.00 | 0 | 5.10 | -29.07 |
| 2020 (7) | -1.23 | 0 | -4.67 | 0 | -10.52 | 0 | 4.23 | 111.46 | -10.39 | 0 | -10.39 | 0 | -14.47 | 0 | -5.46 | 0 | 0.57 | -50.43 | -5.20 | 0 | 163.06 | 26.07 | 101.23 | 18.39 | -1.23 | 0 | 0.00 | 0 | 7.19 | 41.54 |
| 2019 (6) | 0.52 | -71.58 | 4.98 | -35.82 | 1.99 | -63.42 | 2.00 | 37.91 | 2.35 | -58.33 | 2.33 | -64.91 | 5.87 | -75.43 | 3.00 | -72.01 | 1.15 | -26.28 | 4.72 | -35.96 | 129.34 | 20.35 | 85.51 | -11.48 | 15.94 | 310.51 | 0.00 | 0 | 5.08 | 27.0 |
| 2018 (5) | 1.83 | 107.95 | 7.76 | 28.26 | 5.44 | 39.85 | 1.45 | -8.72 | 5.64 | 52.02 | 6.64 | 78.98 | 23.89 | 71.5 | 10.72 | 91.09 | 1.56 | 14.71 | 7.37 | 27.29 | 107.47 | -32.49 | 96.60 | -7.36 | 3.88 | 0 | 0.00 | 0 | 4.00 | -11.11 |
| 2017 (4) | 0.88 | 0 | 6.05 | 3458.82 | 3.89 | 0 | 1.59 | -27.34 | 3.71 | 0 | 3.71 | 0 | 13.93 | 0 | 5.61 | 0 | 1.36 | 43.16 | 5.79 | 2044.44 | 159.20 | -18.56 | 104.27 | 16.31 | -5.13 | 0 | 0.00 | 0 | 4.50 | -3.43 |
| 2016 (3) | -0.47 | 0 | 0.17 | 0 | -2.36 | 0 | 2.19 | -39.03 | -2.66 | 0 | -2.86 | 0 | -7.73 | 0 | -2.11 | 0 | 0.95 | -5.0 | 0.27 | -94.74 | 195.48 | 12.47 | 89.66 | 0 | 12.07 | -98.86 | 0.00 | 0 | 4.66 | -34.18 |
| 2015 (2) | 0.03 | 0 | -3.79 | 0 | -7.24 | 0 | 3.59 | 18.94 | 0.75 | 0 | 0.13 | 0 | 0.44 | 0 | 0.79 | 0 | 1.00 | -12.28 | 5.13 | 0 | 173.80 | -43.66 | -968.42 | 0 | 1063.16 | 13665.1 | 0.00 | 0 | 7.08 | 1.72 |
| 2014 (1) | -2.44 | 0 | -3.53 | 0 | -6.45 | 0 | 3.02 | 32.94 | -7.00 | 0 | -7.04 | 0 | -29.92 | 0 | -7.38 | 0 | 1.14 | -11.63 | -3.30 | 0 | 308.50 | 23.63 | 92.28 | -3.81 | 7.72 | 75.27 | 0.00 | 0 | 6.96 | 20.42 |
