玩股撇步(動畫小學堂)  

  • 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)
營業毛利率,營業利益率,稅前淨利率,股東權益報酬率-近20季
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 YoYEBITDA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)0.05-64.29-58.3313.37-28.08-28.541.21-76.55-74.790.90-66.54-63.710.45-70.78-69.390.19-65.45-63.460.38-25.49-25.490.1713.3313.3311.01-23.54-22.41135.93-4.96-3.36135.71-29.31-29.95-34.8262.062.8610.48-12.96-17.09
24Q2 (19)0.14-44.0800.018.593.3921.345.1631.63220.52.69-34.55273.611.54-50.16833.330.55-47.62787.50.51-28.1788.890.157.140.014.40-12.7818.32143.023.471.9191.99101.2-13.78-91.64-2101.5625.312.04-4.222.56
24Q1 (18)0.25-40.48-19.3517.98-14.263.213.92-50.32-8.24.11-15.08-9.873.09-23.33-9.911.05-31.82-12.50.71-23.661.430.14-12.5-6.6716.516.5223.67138.220.31-1.0395.42-41.462.024.58107.27-26.7512.5712.43-0.4
23Q4 (17)0.42250.050.020.9712.0822.567.8964.38120.394.8495.16149.484.03174.1540.421.54196.1548.080.9382.3552.460.166.676.6715.509.2347.62137.79-2.03-0.84163.00-15.87-11.56-63.0032.825.2711.18-11.55-4.53
23Q3 (16)0.12700.0-40.018.7122.1348.024.80198.141216.282.48244.445.081.47800.0-36.910.52750.0-39.530.5188.890.00.150.00.014.1916.633.24140.650.210.74193.75-12.991157.2-93.7523.57-179.512.647.676.13
23Q2 (15)-0.02-106.45-101.7915.32-12.06-11.091.61-62.3-65.450.72-84.21-95.32-0.21-106.12-101.72-0.08-106.67-101.580.27-61.43-87.610.150.0-11.7612.17-8.84-46.22140.360.5-1.57222.67138.06635.17-122.67-2062.67-275.9611.74-6.97-2.81
23Q1 (14)0.3110.71-53.7317.421.81-10.994.2719.27-39.04.56135.05-46.923.4319.51-48.51.2015.38-55.560.7014.75-42.620.150.0-11.7613.3527.14-15.45139.660.5-4.8993.53-49.2514.736.25107.41-66.1712.627.773.7
22Q4 (13)0.2840.0-60.5617.1135.36-7.013.58932.56-52.141.94-17.8-72.682.8723.18-57.231.0420.93-63.510.6119.61-53.790.150.0-16.6710.50-1.41-23.86138.96-0.473.75184.311105.7174.88-84.31-171.5-1463.4711.71-1.6814.58
22Q3 (12)0.20-82.14-71.4312.64-26.64-33.86-0.43-109.23-106.62.36-84.67-74.462.33-80.96-67.910.86-83.0-69.50.51-76.61-61.360.15-11.76-11.7610.65-52.94-34.38139.61-2.14.15-18.33-160.51-125.98117.9369.16299.1711.91-1.41-3.33
22Q2 (11)1.1267.167.6917.23-11.96-34.414.66-33.43-64.5615.3979.1621.9512.2483.7823.765.0687.4127.142.1878.6916.580.170.0-5.5622.6343.3218.3142.60-2.8914.2130.29-62.85-70.9369.71277.381765.112.08-0.74-8.14
22Q1 (10)0.67-5.63-40.1819.576.36-28.867.00-6.42-49.688.5920.99-46.416.66-0.75-45.412.70-5.26-40.921.22-7.58-42.720.17-5.560.015.7914.5-32.09146.849.6320.9681.53-22.64-6.0518.47442.5540.3812.1719.08-8.22
21Q4 (9)0.711.43-29.018.40-3.72-30.937.4814.72-43.937.10-23.16-44.836.71-7.58-33.232.851.06-33.261.320.0-33.330.185.88-5.2613.79-15.03-29.75133.94-0.084.85105.3949.381.64-5.39-118.25-48.9210.22-17.05-13.54
21Q3 (8)0.70-32.69-15.6619.11-27.26-23.626.52-50.42-42.259.24-26.78-17.657.26-26.59-18.882.82-29.15-22.311.32-29.41-21.890.17-5.560.016.23-15.16-12.98134.057.363.370.55-32.28-29.9329.54805.654350.5312.32-6.31-8.27
21Q2 (7)1.04-7.1444.4426.27-4.512.4213.15-5.4612.3912.62-21.2713.89.89-18.9317.463.98-12.9125.951.87-12.2123.030.185.8812.519.13-17.72-1.7124.862.85-8.87104.1920.06-1.3-4.19-131.8124.6413.15-0.832.26
21Q1 (6)1.1212.038.2727.513.27-4.6413.914.271.0216.0324.5529.5912.2021.3923.364.577.0331.72.137.5826.040.17-10.5313.3323.2518.448.44121.40-4.97-6.7686.78-16.31-21.9713.16463.4216.3613.2612.18-2.64
20Q4 (5)1.0020.4842.8626.646.476.4713.3418.1612.9612.8714.7151.0610.0512.2953.444.2717.6341.861.9817.1633.780.1911.760.019.635.2524.32127.75-1.56-3.34103.692.98-25.17-3.62-421.090.6111.82-11.990
20Q3 (4)0.8315.280.025.02-2.460.011.29-3.50.011.221.170.08.956.290.03.6314.870.01.6911.180.00.176.250.018.65-4.160.0129.77-5.280.0100.70-4.60.0-0.7087.490.013.434.430.0
20Q2 (3)0.72-11.110.025.65-11.090.011.70-15.030.011.09-10.350.08.42-14.860.03.16-8.930.01.52-10.060.00.166.670.019.46-9.240.0137.015.230.0105.56-5.090.0-5.5650.870.012.86-5.580.0
20Q1 (2)0.8115.710.028.8515.310.013.7716.60.012.3745.190.09.8950.990.03.4715.280.01.6914.190.00.15-21.050.021.4435.780.0130.20-1.480.0111.22-19.740.0-11.3170.680.013.6200.0
19Q4 (1)0.700.00.025.020.00.011.810.00.08.520.00.06.550.00.03.010.00.01.480.00.00.190.00.015.790.00.0132.160.00.0138.570.00.0-38.570.00.00.000.00.0
營業毛利率,營業利益率,稅前淨利率,股東權益報酬率-近10年
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 YoYEBITDA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)0.83-63.4418.178.84.7124.938.4025.453.18-56.322.21-64.183.16-66.352.38-47.350.60-6.2513.84-8.22137.79-0.84148.25185.85-48.2500.00012.020.42
2022 (9)2.27-36.5916.70-26.373.77-62.936.709.067.28-34.366.17-30.839.39-35.424.52-32.230.64-9.8615.08-15.9138.963.7551.86-43.4448.14481.40.00011.97-1.8
2021 (8)3.586.5522.68-14.3810.17-18.776.14-8.1311.09-6.888.92-4.514.541.686.67-2.340.715.9717.93-9.22133.944.8591.70-12.88.2800.00012.19-5.43
2020 (7)3.3661.5426.4915.9812.5243.916.696.7611.9161.169.3460.7614.3051.486.8344.40.67-1.4719.7530.28127.75-3.34105.16-10.62-5.1300.00012.891.18
2019 (6)2.08-38.4622.8410.348.7025.366.2629.847.39-39.085.81-41.499.44-46.154.73-35.560.68-1.4515.16-16.43132.16-10.95117.65105.59-17.6500.00012.742.17
2018 (5)3.38162.0220.7016.956.9430.454.82-7.9412.13182.759.93200.017.53178.257.34133.760.69-4.1718.1465.97148.41-12.5957.23-53.8242.7700.00012.4710.26
2017 (4)1.2910.2617.701.845.3211.535.24-8.944.291.183.319.976.3019.323.1413.770.725.8810.93-4.04169.785.85123.9110.16-23.9600.00011.31-4.4
2016 (3)1.1710.3817.385.274.7716.345.7510.594.2440.43.0154.365.2843.872.7627.780.68-9.3311.3919.89160.393.29112.48-17.25-12.4800.00011.83-0.42
2015 (2)1.0651.4316.513.124.1040.895.2010.833.02127.071.95254.553.67239.812.1683.050.75-3.859.5029.78155.282.6135.93-37.86-35.9300.00011.8821.22
2014 (1)0.70-37.516.0102.9104.692.391.3300.5501.0801.1800.782.637.32-21.29151.342.46218.7690.74-118.5900.0009.80-2.2

免責聲明

本網站所有資料僅供參考,如使用者依本資料交易發生交易損失需自行負責,本網站對資料內容錯誤﹑更新延誤不負任何責任。