- 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 | -780.0 | -525.0 | 24.05 | -9.99 | -10.16 | -6.90 | -1964.86 | -144.68 | -7.73 | -423.43 | -337.12 | -7.01 | -761.32 | -480.98 | -2.81 | -753.49 | -519.4 | -0.96 | -340.0 | -300.0 | 0.17 | 0.0 | 0.0 | -2.52 | -134.15 | -129.93 | 139.75 | 3.61 | 12.14 | 89.19 | 412.84 | 202.91 | 10.81 | -87.57 | -94.21 | 21.33 | 7.29 | -8.22 |
| 24Q2 (19) | 0.05 | 118.52 | -50.0 | 26.72 | 34.47 | 5.61 | 0.37 | 102.6 | -41.27 | 2.39 | 134.44 | -21.38 | 1.06 | 115.52 | -34.97 | 0.43 | 120.19 | -29.51 | 0.40 | 151.95 | -13.04 | 0.17 | 21.43 | -5.56 | 7.38 | 910.99 | -7.52 | 134.88 | 3.81 | 15.17 | 17.39 | -91.62 | -15.94 | 86.96 | 182.3 | 9.64 | 19.88 | -24.53 | 10.38 |
| 24Q1 (18) | -0.27 | 18.18 | -485.71 | 19.87 | -0.05 | -31.13 | -14.24 | -669.73 | -556.41 | -6.94 | 7.1 | -412.61 | -6.83 | -0.89 | -715.32 | -2.13 | 26.04 | -619.51 | -0.77 | 28.7 | -320.0 | 0.14 | -26.32 | -17.65 | -0.91 | 69.46 | -112.66 | 129.93 | 5.89 | 14.57 | 207.55 | 730.19 | 50.29 | -105.66 | -240.88 | -177.36 | 26.34 | 42.07 | 22.23 |
| 23Q4 (17) | -0.33 | -512.5 | -512.5 | 19.88 | -25.74 | -34.06 | -1.85 | 34.4 | -135.17 | -7.47 | -329.14 | -524.43 | -6.77 | -467.93 | -699.12 | -2.88 | -529.85 | -676.0 | -1.08 | -325.0 | -376.92 | 0.19 | 11.76 | -5.0 | -2.98 | -135.39 | -150.34 | 122.70 | -1.54 | 0.19 | 25.00 | 128.85 | -91.81 | 75.00 | -59.82 | 137.5 | 18.54 | -20.22 | 8.61 |
| 23Q3 (16) | 0.08 | -20.0 | -72.41 | 26.77 | 5.81 | -7.94 | -2.82 | -547.62 | -177.26 | 3.26 | 7.24 | -62.09 | 1.84 | 12.88 | -72.16 | 0.67 | 9.84 | -71.24 | 0.48 | 4.35 | -58.97 | 0.17 | -5.56 | 6.25 | 8.42 | 5.51 | -35.77 | 124.62 | 6.41 | -1.15 | -86.67 | -518.89 | -304.09 | 186.67 | 135.36 | 224.44 | 23.24 | 29.04 | 0.78 |
| 23Q2 (15) | 0.10 | 42.86 | -71.43 | 25.30 | -12.31 | -16.58 | 0.63 | -79.81 | -87.62 | 3.04 | 36.94 | -63.15 | 1.63 | 46.85 | -74.29 | 0.61 | 48.78 | -78.21 | 0.46 | 31.43 | -66.91 | 0.18 | 5.88 | -10.0 | 7.98 | 10.99 | -32.88 | 117.11 | 3.26 | -4.3 | 20.69 | -85.02 | -66.43 | 79.31 | 308.19 | 106.69 | 18.01 | -16.43 | 0.95 |
| 23Q1 (14) | 0.07 | -12.5 | -22.22 | 28.85 | -4.31 | 1.37 | 3.12 | -40.68 | 203.65 | 2.22 | 26.14 | -41.73 | 1.11 | -1.77 | -54.13 | 0.41 | -18.0 | -51.19 | 0.35 | -10.26 | -30.0 | 0.17 | -15.0 | 13.33 | 7.19 | 21.45 | -14.0 | 113.41 | -7.4 | -9.25 | 138.10 | -54.76 | 278.37 | -38.10 | 80.95 | -121.47 | 21.55 | 26.24 | -6.95 |
| 22Q4 (13) | 0.08 | -72.41 | 300.0 | 30.15 | 3.68 | 10.0 | 5.26 | 44.11 | 167.01 | 1.76 | -79.53 | 13.55 | 1.13 | -82.9 | 256.94 | 0.50 | -78.54 | 266.67 | 0.39 | -66.67 | 4000.0 | 0.20 | 25.0 | 5.26 | 5.92 | -54.84 | 10.45 | 122.47 | -2.86 | -0.18 | 305.26 | 618.85 | 141.0 | -200.00 | -447.62 | -650.0 | 17.07 | -25.98 | -11.37 |
| 22Q3 (12) | 0.29 | -17.14 | -73.15 | 29.08 | -4.12 | 9.74 | 3.65 | -28.29 | 31.77 | 8.60 | 4.24 | -63.82 | 6.61 | 4.26 | -68.05 | 2.33 | -16.79 | -74.42 | 1.17 | -15.83 | -72.01 | 0.16 | -20.0 | -20.0 | 13.11 | 10.26 | -52.33 | 126.07 | 3.02 | 6.9 | 42.47 | -31.09 | 260.96 | 57.53 | 49.94 | -34.79 | 23.06 | 29.26 | 22.99 |
| 22Q2 (11) | 0.35 | 288.89 | 483.33 | 30.33 | 6.57 | 19.27 | 5.09 | 269.1 | 113.87 | 8.25 | 116.54 | 353.3 | 6.34 | 161.98 | 428.33 | 2.80 | 233.33 | 483.33 | 1.39 | 178.0 | 286.11 | 0.20 | 33.33 | 17.65 | 11.89 | 42.22 | 89.33 | 122.37 | -2.08 | -6.73 | 61.63 | 179.6 | -53.05 | 38.37 | -78.37 | 222.79 | 17.84 | -22.97 | -7.28 |
| 22Q1 (10) | 0.09 | 325.0 | 80.0 | 28.46 | 3.83 | 20.39 | -3.01 | -252.79 | -740.43 | 3.81 | 145.81 | 209.76 | 2.42 | 436.11 | 120.0 | 0.84 | 380.0 | 121.05 | 0.50 | 5100.0 | 66.67 | 0.15 | -21.05 | 0.0 | 8.36 | 55.97 | 35.28 | 124.97 | 1.86 | -2.69 | -77.42 | -161.12 | -274.19 | 177.42 | 765.32 | 166.13 | 23.16 | 20.25 | 0.92 |
| 21Q4 (9) | -0.04 | -103.7 | 84.62 | 27.41 | 3.43 | 21.28 | 1.97 | -28.88 | 119.22 | 1.55 | -93.48 | 123.59 | -0.72 | -103.48 | 88.31 | -0.30 | -103.29 | 86.96 | -0.01 | -100.24 | 98.81 | 0.19 | -5.0 | 18.75 | 5.36 | -80.51 | 500.0 | 122.69 | 4.04 | -5.19 | 126.67 | 976.67 | -18.57 | -26.67 | -130.22 | 52.0 | 19.26 | 2.72 | -18.8 |
| 21Q3 (8) | 1.08 | 1700.0 | 10700.0 | 26.50 | 4.21 | -3.32 | 2.77 | 16.39 | 546.77 | 23.77 | 1206.04 | 4471.15 | 20.69 | 1624.17 | 34583.33 | 9.11 | 1797.92 | 45650.0 | 4.18 | 1061.11 | 3383.33 | 0.20 | 17.65 | 17.65 | 27.50 | 337.9 | 503.07 | 117.93 | -10.11 | -6.27 | 11.76 | -91.04 | 109.41 | 88.24 | 382.35 | -64.71 | 18.75 | -2.55 | -12.1 |
| 21Q2 (7) | 0.06 | 20.0 | 121.43 | 25.43 | 7.57 | 8.63 | 2.38 | 406.38 | 138.45 | 1.82 | 47.97 | 121.9 | 1.20 | 9.09 | 116.83 | 0.48 | 26.32 | 120.69 | 0.36 | 20.0 | 138.3 | 0.17 | 13.33 | 13.33 | 6.28 | 1.62 | 260.61 | 131.20 | 2.16 | 4.58 | 131.25 | 195.31 | 76.9 | -31.25 | -146.88 | -221.09 | 19.24 | -16.17 | -22.36 |
| 21Q1 (6) | 0.05 | 119.23 | 162.5 | 23.64 | 4.6 | -27.79 | 0.47 | 104.59 | 11.9 | 1.23 | 118.72 | 169.49 | 1.10 | 117.86 | 163.95 | 0.38 | 116.52 | 163.33 | 0.30 | 135.71 | 300.0 | 0.15 | -6.25 | -11.76 | 6.18 | 561.19 | 179.64 | 128.43 | -0.75 | 15.63 | 44.44 | -71.43 | 307.41 | 66.67 | 220.0 | -48.15 | 22.95 | -3.25 | -16.94 |
| 20Q4 (5) | -0.26 | -2700.0 | 61.76 | 22.60 | -17.55 | 10.95 | -10.25 | -1553.23 | 3.67 | -6.57 | -1363.46 | 38.37 | -6.16 | -10166.67 | 42.75 | -2.30 | -11400.0 | 57.17 | -0.84 | -800.0 | 63.95 | 0.16 | -5.88 | -30.43 | -1.34 | -129.39 | 81.64 | 129.40 | 2.85 | 15.16 | 155.56 | 224.44 | 56.77 | -55.56 | -122.22 | 0 | 23.72 | 11.2 | 23.16 |
| 20Q3 (4) | 0.01 | 103.57 | 0.0 | 27.41 | 17.09 | 0.0 | -0.62 | 89.98 | 0.0 | 0.52 | 106.26 | 0.0 | -0.06 | 99.16 | 0.0 | -0.02 | 99.14 | 0.0 | 0.12 | 112.77 | 0.0 | 0.17 | 13.33 | 0.0 | 4.56 | 216.62 | 0.0 | 125.82 | 0.29 | 0.0 | -125.00 | -268.48 | 0.0 | 250.00 | 868.75 | 0.0 | 21.33 | -13.92 | 0.0 |
| 20Q2 (3) | -0.28 | -250.0 | 0.0 | 23.41 | -28.5 | 0.0 | -6.19 | -1573.81 | 0.0 | -8.31 | -369.49 | 0.0 | -7.13 | -314.53 | 0.0 | -2.32 | -286.67 | 0.0 | -0.94 | -526.67 | 0.0 | 0.15 | -11.76 | 0.0 | -3.91 | -276.92 | 0.0 | 125.45 | 12.95 | 0.0 | 74.19 | 446.24 | 0.0 | 25.81 | -79.93 | 0.0 | 24.78 | -10.31 | 0.0 |
| 20Q1 (2) | -0.08 | 88.24 | 0.0 | 32.74 | 60.73 | 0.0 | 0.42 | 103.95 | 0.0 | -1.77 | 83.4 | 0.0 | -1.72 | 84.01 | 0.0 | -0.60 | 88.83 | 0.0 | -0.15 | 93.56 | 0.0 | 0.17 | -26.09 | 0.0 | 2.21 | 130.27 | 0.0 | 111.07 | -1.16 | 0.0 | -21.43 | -121.6 | 0.0 | 128.57 | 0 | 0.0 | 27.63 | 43.46 | 0.0 |
| 19Q4 (1) | -0.68 | 0.0 | 0.0 | 20.37 | 0.0 | 0.0 | -10.64 | 0.0 | 0.0 | -10.66 | 0.0 | 0.0 | -10.76 | 0.0 | 0.0 | -5.37 | 0.0 | 0.0 | -2.33 | 0.0 | 0.0 | 0.23 | 0.0 | 0.0 | -7.30 | 0.0 | 0.0 | 112.37 | 0.0 | 0.0 | 99.22 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 19.26 | 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) | -0.08 | 0 | 25.00 | -15.54 | -0.28 | 0 | 3.19 | 5.22 | -0.01 | 0 | -0.77 | 0 | -1.19 | 0 | 0.18 | -94.78 | 0.70 | -1.41 | 4.84 | -50.05 | 122.70 | 0.19 | 0.00 | 0 | 0.00 | 0 | 3.49 | 5.49 | 20.25 | 1.71 |
| 2022 (9) | 0.81 | -28.95 | 29.60 | 14.42 | 3.11 | 57.07 | 3.04 | -1.0 | 5.51 | -28.81 | 4.06 | -33.44 | 6.43 | -34.32 | 3.45 | -28.87 | 0.71 | 0.0 | 9.69 | -18.57 | 122.47 | -0.18 | 56.46 | 121.07 | 43.54 | -41.53 | 3.31 | 63.95 | 19.91 | 0.1 |
| 2021 (8) | 1.14 | 0 | 25.87 | -2.78 | 1.98 | 0 | 3.07 | -2.53 | 7.74 | 0 | 6.10 | 0 | 9.79 | 0 | 4.85 | 0 | 0.71 | 10.94 | 11.90 | 2280.0 | 122.69 | -5.19 | 25.54 | -75.62 | 74.46 | 0 | 2.02 | -8.86 | 19.89 | -18.28 |
| 2020 (7) | -0.61 | 0 | 26.61 | 8.52 | -4.10 | 0 | 3.15 | 18.98 | -3.91 | 0 | -3.68 | 0 | -5.20 | 0 | -1.81 | 0 | 0.64 | -16.88 | 0.50 | 0 | 129.40 | 15.16 | 104.76 | 0.05 | -4.76 | 0 | 2.22 | -7.83 | 24.34 | 3.57 |
| 2019 (6) | -1.39 | 0 | 24.52 | -6.94 | -6.94 | 0 | 2.64 | 33.68 | -6.63 | 0 | -6.56 | 0 | -10.97 | 0 | -4.51 | 0 | 0.77 | -9.41 | -2.84 | 0 | 112.37 | -8.58 | 104.71 | -20.86 | -4.71 | 0 | 2.40 | 0.44 | 23.50 | 12.44 |
| 2018 (5) | 0.22 | -60.0 | 26.35 | -11.93 | 1.75 | -30.56 | 1.98 | -8.02 | 1.32 | -52.35 | 0.82 | -61.5 | 1.62 | -60.39 | 1.23 | -46.52 | 0.85 | 0.0 | 4.38 | -24.74 | 122.92 | -15.1 | 132.31 | 45.19 | -32.31 | 0 | 2.39 | 0 | 20.90 | -0.9 |
| 2017 (4) | 0.55 | -1.79 | 29.92 | -10.39 | 2.52 | -36.36 | 2.15 | -8.63 | 2.77 | -26.91 | 2.13 | -18.7 | 4.09 | -2.85 | 2.30 | -9.8 | 0.85 | 8.97 | 5.82 | -18.14 | 144.79 | 35.33 | 91.13 | -12.62 | 8.87 | 0 | 0.00 | 0 | 21.09 | 12.54 |
| 2016 (3) | 0.56 | 0 | 33.39 | 15.46 | 3.96 | 0 | 2.35 | -4.13 | 3.79 | 0 | 2.62 | 0 | 4.21 | 0 | 2.55 | 0 | 0.78 | 14.71 | 7.11 | 284.32 | 106.99 | 2.9 | 104.29 | -33.07 | -4.29 | 0 | 0.00 | 0 | 18.74 | -6.49 |
| 2015 (2) | -0.24 | 0 | 28.92 | 22.91 | -2.13 | 0 | 2.45 | -6.7 | -1.38 | 0 | -1.34 | 0 | -1.95 | 0 | -0.49 | 0 | 0.68 | -4.23 | 1.85 | -63.15 | 103.97 | -16.11 | 155.81 | 0 | -55.81 | 0 | 0.00 | 0 | 20.04 | 30.47 |
| 2014 (1) | 0.12 | -83.56 | 23.53 | 0 | -0.95 | 0 | 2.63 | -5.38 | 1.30 | 0 | 0.49 | 0 | 0.77 | 0 | 0.96 | 0 | 0.71 | -1.39 | 5.02 | -36.21 | 123.94 | 5.82 | -73.81 | 0 | 176.19 | 270.0 | 0.00 | 0 | 15.36 | 12.53 |
