- 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) | 0.19 | -47.22 | 26.67 | -8.54 | -46.48 | 56.12 | -19.49 | -18.77 | 34.42 | 20.27 | -44.65 | 3.95 | 20.88 | -43.55 | 17.63 | 1.95 | -50.51 | 12.07 | 1.39 | -45.91 | 8.59 | 0.05 | -16.67 | -16.67 | 37.81 | -28.53 | -1.33 | 65.44 | -12.38 | -0.34 | -96.49 | -113.79 | 36.86 | 198.25 | 36.6 | -22.17 | 11.65 | 4.67 | -7.91 |
| 24Q2 (19) | 0.36 | 3500.0 | 157.14 | -5.83 | 8.76 | 68.28 | -16.41 | -14.04 | 44.99 | 36.62 | 1276.69 | 83.65 | 36.99 | 3599.0 | 90.28 | 3.94 | 2930.77 | 152.56 | 2.57 | 678.79 | 125.44 | 0.06 | -25.0 | 20.0 | 52.90 | 227.96 | 24.53 | 74.69 | 12.15 | 9.07 | -45.13 | 91.64 | 69.69 | 145.13 | -76.96 | -42.2 | 11.13 | 31.87 | -29.29 |
| 24Q1 (18) | 0.01 | 105.26 | 133.33 | -6.39 | -65.12 | 62.32 | -14.39 | -22.05 | 46.96 | 2.66 | 117.79 | 177.33 | 1.00 | 107.27 | 130.49 | 0.13 | 106.02 | 141.94 | 0.33 | 131.73 | 560.0 | 0.08 | -11.11 | 60.0 | 16.13 | 644.93 | -0.62 | 66.60 | 3.45 | -11.05 | -540.00 | -785.38 | -167.5 | 630.00 | 2870.0 | 190.0 | 8.44 | 0.36 | -41.31 |
| 23Q4 (17) | -0.19 | -226.67 | -416.67 | -3.87 | 80.11 | 44.48 | -11.79 | 60.33 | 21.5 | -14.95 | -176.67 | -583.82 | -13.76 | -177.52 | -367.18 | -2.16 | -224.14 | -427.27 | -1.04 | -181.25 | -285.71 | 0.09 | 50.0 | 28.57 | -2.96 | -107.72 | -116.51 | 64.38 | -1.95 | -30.94 | 78.79 | 151.55 | 116.05 | 21.21 | -91.67 | -96.41 | 8.41 | -33.52 | -23.41 |
| 23Q3 (16) | 0.15 | 7.14 | 121.43 | -19.46 | -5.88 | -210.86 | -29.72 | 0.37 | -109.59 | 19.50 | -2.21 | 135.86 | 17.75 | -8.69 | 132.36 | 1.74 | 11.54 | 122.89 | 1.28 | 12.28 | 134.88 | 0.06 | 20.0 | -14.29 | 38.32 | -9.79 | 192.16 | 65.66 | -4.12 | -31.69 | -152.83 | -2.65 | -689.87 | 254.72 | 1.44 | 245.91 | 12.65 | -19.63 | 10.48 |
| 23Q2 (15) | 0.14 | 566.67 | 113.59 | -18.38 | -8.37 | -467.6 | -29.83 | -9.95 | -1929.25 | 19.94 | 679.65 | 137.26 | 19.44 | 692.68 | 135.75 | 1.56 | 603.23 | 115.82 | 1.14 | 2180.0 | 122.85 | 0.05 | 0.0 | -44.44 | 42.48 | 161.74 | 193.71 | 68.48 | -8.53 | -29.73 | -148.89 | -118.61 | -5410.37 | 251.11 | 135.87 | 158.35 | 15.74 | 9.46 | 125.82 |
| 23Q1 (14) | -0.03 | -150.0 | -111.11 | -16.96 | -143.33 | -296.98 | -27.13 | -80.63 | -8578.12 | -3.44 | -211.33 | -123.04 | -3.28 | -163.69 | -122.75 | -0.31 | -146.97 | -112.65 | 0.05 | -91.07 | -96.48 | 0.05 | -28.57 | -44.44 | 16.23 | -9.48 | -29.8 | 74.87 | -19.69 | -14.55 | 800.00 | 262.96 | 35500.0 | -700.00 | -218.46 | -816.09 | 14.38 | 30.97 | 74.09 |
| 22Q4 (13) | 0.06 | 108.57 | -64.71 | -6.97 | -11.34 | -841.49 | -15.02 | -5.92 | -131.79 | 3.09 | 105.68 | -66.7 | 5.15 | 109.39 | -43.59 | 0.66 | 108.68 | -57.69 | 0.56 | 115.26 | -39.78 | 0.07 | 0.0 | -22.22 | 17.93 | 143.12 | -1.05 | 93.23 | -3.01 | 5.68 | -490.91 | -1994.74 | -597.61 | 590.91 | 702.47 | 246.84 | 10.98 | -4.1 | 29.48 |
| 22Q3 (12) | -0.70 | 32.04 | -178.65 | -6.26 | -225.2 | -773.12 | -14.18 | -864.63 | -146.61 | -54.38 | -1.63 | -175.04 | -54.86 | -0.88 | -182.61 | -7.60 | 22.92 | -162.24 | -3.67 | 26.45 | -158.72 | 0.07 | -22.22 | -22.22 | -41.58 | 8.27 | -150.91 | 96.12 | -1.36 | -2.84 | 25.91 | 824.09 | 427.94 | 73.64 | -24.24 | -31.76 | 11.45 | 64.28 | 50.07 |
| 22Q2 (11) | -1.03 | -481.48 | -319.15 | 5.00 | -41.93 | -21.63 | -1.47 | -559.38 | -665.38 | -53.51 | -458.41 | -314.13 | -54.38 | -477.12 | -317.69 | -9.86 | -502.45 | -309.34 | -4.99 | -451.41 | -303.67 | 0.09 | 0.0 | 0.0 | -45.33 | -296.06 | -231.16 | 97.45 | 11.22 | -2.4 | 2.80 | 24.77 | 110.28 | 97.20 | -0.57 | -1.49 | 6.97 | -15.62 | -14.27 |
| 22Q1 (10) | 0.27 | 58.82 | -43.75 | 8.61 | 815.96 | 8.99 | 0.32 | 104.94 | -73.33 | 14.93 | 60.88 | -34.11 | 14.42 | 57.94 | -36.25 | 2.45 | 57.05 | -51.68 | 1.42 | 52.69 | -45.59 | 0.09 | 0.0 | -18.18 | 23.12 | 27.59 | -26.74 | 87.62 | -0.68 | -16.15 | 2.25 | 103.19 | -57.02 | 97.75 | -42.62 | 3.15 | 8.26 | -2.59 | 15.36 |
| 21Q4 (9) | 0.17 | -80.9 | -51.43 | 0.94 | 1.08 | -70.06 | -6.48 | -12.7 | -81.01 | 9.28 | -87.19 | -49.7 | 9.13 | -86.25 | -50.41 | 1.56 | -87.22 | -59.79 | 0.93 | -85.12 | -52.79 | 0.09 | 0.0 | -10.0 | 18.12 | -77.81 | -36.22 | 88.22 | -10.83 | -15.55 | -70.37 | -790.69 | -255.05 | 170.37 | 57.9 | 42.19 | 8.48 | 11.14 | 31.47 |
| 21Q3 (8) | 0.89 | 89.36 | 693.33 | 0.93 | -85.42 | 109.9 | -5.75 | -2311.54 | 68.34 | 72.47 | 190.0 | 684.91 | 66.41 | 165.85 | 636.43 | 12.21 | 159.24 | 840.0 | 6.25 | 155.1 | 1177.59 | 0.09 | 0.0 | 50.0 | 81.67 | 136.31 | 1931.59 | 98.93 | -0.92 | -16.63 | -7.90 | -692.55 | -105.34 | 107.90 | 9.36 | 325.61 | 7.63 | -6.15 | -29.68 |
| 21Q2 (7) | 0.47 | -2.08 | 56.67 | 6.38 | -19.24 | 122.09 | 0.26 | -78.33 | 100.64 | 24.99 | 10.28 | -36.49 | 24.98 | 10.43 | -36.34 | 4.71 | -7.1 | 33.05 | 2.45 | -6.13 | 44.97 | 0.09 | -18.18 | 125.0 | 34.56 | 9.51 | -45.97 | 99.85 | -4.45 | -23.43 | 1.33 | -74.5 | 101.29 | 98.67 | 4.11 | -51.66 | 8.13 | 13.55 | 0 |
| 21Q1 (6) | 0.48 | 37.14 | 144.04 | 7.90 | 151.59 | 2825.93 | 1.20 | 133.52 | 118.38 | 22.66 | 22.82 | 136.96 | 22.62 | 22.87 | 136.76 | 5.07 | 30.67 | 141.97 | 2.61 | 32.49 | 148.07 | 0.11 | 10.0 | 22.22 | 31.56 | 11.09 | 162.56 | 104.50 | 0.04 | -22.51 | 5.23 | 126.38 | -51.39 | 94.77 | -20.91 | 6.19 | 7.16 | 11.01 | 0 |
| 20Q4 (5) | 0.35 | 333.33 | 337.5 | 3.14 | 133.44 | 244.04 | -3.58 | 80.29 | 53.98 | 18.45 | 248.91 | 460.79 | 18.41 | 248.71 | 380.68 | 3.88 | 335.15 | 340.91 | 1.97 | 439.66 | 217.74 | 0.10 | 66.67 | -9.09 | 28.41 | 606.72 | 134.21 | 104.46 | -11.97 | 5.96 | -19.82 | -113.41 | 91.71 | 119.82 | 350.53 | -64.67 | 6.45 | -40.55 | 0 |
| 20Q3 (4) | -0.15 | -150.0 | 0.0 | -9.39 | 67.49 | 0.0 | -18.16 | 55.33 | 0.0 | -12.39 | -131.49 | 0.0 | -12.38 | -131.55 | 0.0 | -1.65 | -146.61 | 0.0 | -0.58 | -134.32 | 0.0 | 0.06 | 50.0 | 0.0 | 4.02 | -93.72 | 0.0 | 118.67 | -9.0 | 0.0 | 147.83 | 243.39 | 0.0 | -47.83 | -123.43 | 0.0 | 10.85 | 0 | 0.0 |
| 20Q2 (3) | 0.30 | 127.52 | 0.0 | -28.88 | -10796.3 | 0.0 | -40.65 | -522.51 | 0.0 | 39.35 | 164.18 | 0.0 | 39.24 | 163.77 | 0.0 | 3.54 | 129.3 | 0.0 | 1.69 | 131.12 | 0.0 | 0.04 | -55.56 | 0.0 | 63.97 | 226.8 | 0.0 | 130.41 | -3.29 | 0.0 | -103.09 | -1058.48 | 0.0 | 204.12 | 128.72 | 0.0 | 0.00 | 0 | 0.0 |
| 20Q1 (2) | -1.09 | -1462.5 | 0.0 | 0.27 | 112.39 | 0.0 | -6.53 | 16.07 | 0.0 | -61.31 | -1963.53 | 0.0 | -61.53 | -1706.53 | 0.0 | -12.08 | -1472.73 | 0.0 | -5.43 | -975.81 | 0.0 | 0.09 | -18.18 | 0.0 | -50.45 | -515.91 | 0.0 | 134.85 | 36.79 | 0.0 | 10.76 | 104.5 | 0.0 | 89.24 | -73.68 | 0.0 | 0.00 | 0 | 0.0 |
| 19Q4 (1) | 0.08 | 0.0 | 0.0 | -2.18 | 0.0 | 0.0 | -7.78 | 0.0 | 0.0 | 3.29 | 0.0 | 0.0 | 3.83 | 0.0 | 0.0 | 0.88 | 0.0 | 0.0 | 0.62 | 0.0 | 0.0 | 0.11 | 0.0 | 0.0 | 12.13 | 0.0 | 0.0 | 98.58 | 0.0 | 0.0 | -239.13 | 0.0 | 0.0 | 339.13 | 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) | 0.07 | 0 | -13.02 | 0 | -22.64 | 0 | 12.29 | 58.26 | 1.98 | 0 | 1.96 | 0 | 0.84 | 0 | 1.39 | 0 | 0.24 | -27.27 | 19.10 | 0 | 64.38 | -30.94 | -1137.50 | 0 | 1233.33 | 1580.08 | 0.00 | 0 | 12.06 | 33.7 |
| 2022 (9) | -1.40 | 0 | 1.60 | -61.54 | -6.01 | 0 | 7.77 | 4.22 | -22.51 | 0 | -22.65 | 0 | -14.14 | 0 | -6.74 | 0 | 0.33 | -17.5 | -12.16 | 0 | 93.23 | 5.68 | 26.82 | 0 | 73.41 | -31.95 | 0.00 | 0 | 9.02 | 15.35 |
| 2021 (8) | 2.01 | 0 | 4.16 | 0 | -2.57 | 0 | 7.45 | -31.11 | 32.38 | 0 | 30.84 | 0 | 23.85 | 0 | 12.70 | 0 | 0.40 | 33.33 | 41.47 | 1112.57 | 88.22 | -15.55 | -7.88 | 0 | 107.88 | 0 | 0.00 | 0 | 7.82 | -17.34 |
| 2020 (7) | -0.58 | 0 | -4.82 | 0 | -12.69 | 0 | 10.82 | 74.1 | -10.20 | 0 | -10.30 | 0 | -6.12 | 0 | -2.38 | 0 | 0.30 | -36.17 | 3.42 | -35.71 | 104.46 | 5.96 | 124.18 | -44.81 | -24.18 | 0 | 0.00 | 0 | 9.46 | 26.81 |
| 2019 (6) | -0.27 | 0 | -1.13 | 0 | -6.34 | 0 | 6.21 | 11.57 | -2.81 | 0 | -2.71 | 0 | -2.72 | 0 | -0.55 | 0 | 0.47 | -2.08 | 5.32 | 0 | 98.58 | -20.8 | 225.00 | 417.08 | -125.00 | 0 | 0.00 | 0 | 7.46 | 5.82 |
| 2018 (5) | -1.18 | 0 | 0.18 | -85.71 | -4.58 | 0 | 5.57 | -1.19 | -10.51 | 0 | -10.63 | 0 | -11.08 | 0 | -4.39 | 0 | 0.48 | 0.0 | -3.04 | 0 | 124.47 | 14.28 | 43.51 | 0 | 56.49 | -75.29 | 0.00 | 0 | 7.05 | 7.63 |
| 2017 (4) | 0.30 | 0 | 1.26 | -63.79 | -3.44 | 0 | 5.64 | -23.09 | 2.66 | 0 | 2.81 | 0 | 2.72 | 0 | 1.98 | 0 | 0.48 | 11.63 | 9.89 | 0 | 108.92 | 15.31 | -128.57 | 0 | 228.57 | 158.41 | 0.00 | 0 | 6.55 | -11.13 |
| 2016 (3) | -1.38 | 0 | 3.48 | -60.72 | -1.70 | 0 | 7.33 | 21.9 | -14.71 | 0 | -14.84 | 0 | -12.53 | 0 | -5.73 | 0 | 0.43 | -18.87 | -5.43 | 0 | 94.46 | -2.15 | 11.55 | -81.18 | 88.45 | 128.98 | 0.00 | 0 | 7.37 | 21.62 |
| 2015 (2) | 0.72 | 28.57 | 8.86 | 103.68 | 4.33 | 4230.0 | 6.01 | 5.89 | 7.07 | 38.36 | 5.89 | 35.4 | 6.01 | 37.84 | 3.60 | 25.0 | 0.53 | -1.85 | 14.24 | 18.67 | 96.54 | 6.78 | 61.37 | 3091.34 | 38.63 | -60.61 | 0.00 | 0 | 6.06 | 5.94 |
| 2014 (1) | 0.56 | 0.0 | 4.35 | 0 | 0.10 | 0 | 5.68 | 3.66 | 5.11 | 0 | 4.35 | 0 | 4.36 | 0 | 2.88 | 0 | 0.54 | -3.57 | 12.00 | 5.26 | 90.41 | 14.88 | 1.92 | 0 | 98.08 | -26.81 | 0.00 | 0 | 5.72 | 5.93 |
