- 理想的成長型公司, 本業EPS的成長幅度會大於營收的成長幅度
- 營收到某個數字後, 本業EPS呈現不成比例的增加, 有可能是規模經濟的效應
- 如果是有淡旺季的公司, 是否有淡季不淡, 旺季更旺的情況
- 漲很多的股票要留意 EPS 較上季是否有大幅衰退的情況
- 如果EPS衰退,要觀察同業是不是有一樣的狀況
- 要留意增資減資和公司債對股本及EPS的影響
加權平均股數 QoQ YoY | EPS QoQ YoY | 本業EPS QoQ YoY | 累計EPS QoQ YoY | 營收 QoQ YoY | 毛利率(%) QoQ YoY | 營業利益率 QoQ YoY | 稅後淨利率 QoQ YoY | 營業利益 QoQ YoY | 稅後淨利 QoQ YoY | 稅前淨利率(%) QoQ YoY | 稅後淨利率(%) QoQ YoY | 兩季平均(YOY)營收成長率(%) | 兩季平均(YOY)EPS成長率(%) | 兩季平均(YOY)本業EPS成長率(%) | |||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
24Q3 (20) | 730 | 0.0 | 0.0 | 1.48 | -6.92 | -6.92 | 1.54 | -1.91 | -4.35 | 4.57 | 47.9 | -1.51 | 148.7 | -3.66 | -0.97 | 13.56 | -5.17 | -1.45 | 9.15 | -8.32 | -5.67 | 7.36 | -2.77 | -5.76 | 13.6 | -11.69 | -6.66 | 10.8 | -6.74 | -7.14 | 8.87 | -12.0 | -7.89 | 7.36 | -2.77 | -5.76 | 0.16 | -0.46 | 1.38 |
24Q2 (19) | 730 | 0.0 | 0.0 | 1.59 | 6.0 | 6.71 | 1.57 | 4.67 | 12.14 | 3.09 | 106.0 | 1.64 | 154.35 | 3.97 | -2.4 | 14.30 | 4.38 | 10.17 | 9.98 | 5.39 | 12.64 | 7.57 | 1.61 | 9.71 | 15.4 | 9.53 | 9.92 | 11.58 | 5.46 | 6.53 | 10.08 | 6.44 | 8.5 | 7.57 | 1.61 | 9.71 | -3.05 | -6.24 | -7.13 |
24Q1 (18) | 730 | 0.0 | 0.0 | 1.50 | -18.48 | -3.23 | 1.50 | -18.92 | -7.41 | 1.50 | -76.85 | -3.23 | 148.46 | -10.08 | 8.99 | 13.70 | -8.48 | -9.27 | 9.47 | -6.79 | -11.82 | 7.45 | -9.37 | -10.78 | 14.06 | -16.21 | -3.9 | 10.98 | -18.3 | -3.26 | 9.47 | -6.42 | -8.94 | 7.45 | -9.37 | -10.78 | -0.07 | -1.38 | -2.01 |
23Q4 (17) | 730 | 0.0 | 0.0 | 1.84 | 15.72 | 61.4 | 1.85 | 14.91 | 54.17 | 6.48 | 39.66 | 18.46 | 165.1 | 9.95 | 17.52 | 14.97 | 8.79 | 11.55 | 10.16 | 4.74 | 11.16 | 8.22 | 5.25 | 38.15 | 16.78 | 15.17 | 30.58 | 13.44 | 15.56 | 61.54 | 10.12 | 5.09 | 14.48 | 8.22 | 5.25 | 38.15 | 2.45 | 11.21 | 14.96 |
23Q3 (16) | 730 | 0.0 | 0.0 | 1.59 | 6.71 | 114.86 | 1.61 | 15.0 | 120.55 | 4.64 | 52.63 | 7.16 | 150.16 | -5.05 | 3.55 | 13.76 | 6.01 | 61.31 | 9.70 | 9.48 | 99.59 | 7.81 | 13.19 | 107.71 | 14.57 | 4.0 | 106.96 | 11.63 | 6.99 | 114.18 | 9.63 | 3.66 | 94.55 | 7.81 | 13.19 | 107.71 | 5.52 | 1.42 | 0.71 |
23Q2 (15) | 730 | 0.0 | 0.0 | 1.49 | -3.87 | -18.58 | 1.40 | -13.58 | -21.35 | 3.04 | 96.13 | -15.32 | 158.14 | 16.09 | -2.54 | 12.98 | -14.04 | -9.04 | 8.86 | -17.5 | -17.04 | 6.90 | -17.37 | -16.46 | 14.01 | -4.24 | -19.11 | 10.87 | -4.23 | -18.58 | 9.29 | -10.67 | -14.61 | 6.90 | -17.37 | -16.46 | 6.53 | 16.05 | 10.71 |
23Q1 (14) | 730 | 0.0 | 0.0 | 1.55 | 35.96 | -11.93 | 1.62 | 35.0 | 2.53 | 1.55 | -71.66 | -11.93 | 136.22 | -3.04 | -10.35 | 15.10 | 12.52 | 10.54 | 10.74 | 17.51 | 11.41 | 8.35 | 40.34 | -1.53 | 14.63 | 13.85 | -0.14 | 11.35 | 36.42 | -11.67 | 10.40 | 17.65 | -0.95 | 8.35 | 40.34 | -1.53 | -3.08 | 45.00 | 49.69 |
22Q4 (13) | 730 | 0.0 | -26.41 | 1.14 | 54.05 | -25.49 | 1.20 | 64.38 | -41.75 | 5.47 | 26.33 | -8.07 | 140.49 | -3.12 | -14.99 | 13.42 | 57.33 | -9.93 | 9.14 | 88.07 | -17.21 | 5.95 | 58.24 | -35.61 | 12.85 | 82.53 | -29.55 | 8.32 | 53.22 | -45.37 | 8.84 | 78.59 | -20.86 | 5.95 | 58.24 | -35.61 | -6.88 | -2.76 | 2.69 |
22Q3 (12) | 730 | 0.0 | -32.03 | 0.74 | -59.56 | -43.08 | 0.73 | -58.99 | -59.44 | 4.33 | 20.61 | 6.65 | 145.01 | -10.63 | 0.14 | 8.53 | -40.22 | -48.74 | 4.86 | -54.49 | -59.63 | 3.76 | -54.48 | -61.2 | 7.04 | -59.35 | -59.61 | 5.43 | -59.33 | -61.21 | 4.95 | -54.5 | -60.75 | 3.76 | -54.48 | -61.2 | -1.92 | -27.79 | -23.16 |
22Q2 (11) | 730 | 0.0 | -33.03 | 1.83 | 3.98 | 32.61 | 1.78 | 12.66 | -10.1 | 3.59 | 103.98 | 30.55 | 162.26 | 6.79 | 8.64 | 14.27 | 4.47 | -9.57 | 10.68 | 10.79 | -11.22 | 8.26 | -2.59 | -18.06 | 17.32 | 18.23 | -3.62 | 13.35 | 3.89 | -11.06 | 10.88 | 3.62 | -12.26 | 8.26 | -2.59 | -18.06 | -0.64 | 9.50 | -5.32 |
22Q1 (10) | 730 | -26.41 | -32.16 | 1.76 | 15.03 | 27.54 | 1.58 | -23.3 | -14.59 | 1.76 | -70.42 | 27.54 | 151.95 | -8.06 | 18.24 | 13.66 | -8.32 | -21.85 | 9.64 | -12.68 | -26.91 | 8.48 | -8.23 | -26.64 | 14.65 | -19.68 | -13.62 | 12.85 | -15.63 | -13.35 | 10.50 | -6.0 | -26.11 | 8.48 | -8.23 | -26.64 | 3.04 | 16.36 | -4.43 |
21Q4 (9) | 992 | -7.64 | -2.07 | 1.53 | 17.69 | -1.92 | 2.06 | 14.44 | 4.57 | 5.95 | 46.55 | 69.03 | 165.27 | 14.13 | 29.61 | 14.90 | -10.46 | -18.45 | 11.04 | -8.31 | -14.42 | 9.24 | -4.64 | -25.78 | 18.24 | 4.65 | 10.88 | 15.23 | 8.79 | -3.55 | 11.17 | -11.42 | -20.44 | 9.24 | -4.64 | -25.78 | 5.54 | 5.95 | 2.67 |
21Q3 (8) | 1074 | -1.47 | 6.65 | 1.30 | -5.8 | 64.56 | 1.80 | -9.09 | 73.08 | 4.06 | 47.64 | 106.09 | 144.81 | -3.05 | 39.2 | 16.64 | 5.45 | 6.33 | 12.04 | 0.08 | 15.99 | 9.69 | -3.87 | 26.67 | 17.43 | -3.01 | 61.39 | 14.0 | -6.73 | 76.1 | 12.61 | 1.69 | 17.3 | 9.69 | -3.87 | 26.67 | 6.58 | -2.90 | -1.03 |
21Q2 (7) | 1090 | 1.3 | 8.03 | 1.38 | 0.0 | 97.14 | 1.98 | 7.03 | 112.9 | 2.75 | 99.28 | 133.05 | 149.36 | 16.22 | 47.71 | 15.78 | -9.73 | 13.61 | 12.03 | -8.79 | 33.37 | 10.08 | -12.8 | 40.59 | 17.97 | 5.96 | 97.04 | 15.01 | 1.21 | 112.31 | 12.40 | -12.74 | 33.05 | 10.08 | -12.8 | 40.59 | 8.50 | -5.77 | 0.47 |
21Q1 (6) | 1076 | 6.22 | 7.17 | 1.38 | -11.54 | 187.5 | 1.85 | -6.09 | 115.12 | 1.38 | -60.8 | 187.5 | 128.51 | 0.78 | 33.86 | 17.48 | -4.32 | 33.33 | 13.19 | 2.25 | 61.44 | 11.56 | -7.15 | 148.07 | 16.96 | 3.1 | 116.33 | 14.83 | -6.08 | 207.68 | 14.21 | 1.21 | 113.36 | 11.56 | -7.15 | 148.07 | 11.68 | 42.97 | 41.66 |
20Q4 (5) | 1013 | 0.6 | 0.9 | 1.56 | 97.47 | 239.13 | 1.97 | 89.42 | 185.51 | 3.52 | 78.68 | 125.64 | 127.51 | 22.57 | 14.57 | 18.27 | 16.74 | 66.09 | 12.90 | 24.28 | 106.73 | 12.45 | 62.75 | 202.92 | 16.45 | 52.31 | 136.69 | 15.79 | 98.62 | 238.84 | 14.04 | 30.6 | 137.16 | 12.45 | 62.75 | 202.92 | - | - | 0.00 |
20Q3 (4) | 1007 | -0.2 | 0.0 | 0.79 | 12.86 | 0.0 | 1.04 | 11.83 | 0.0 | 1.97 | 66.95 | 0.0 | 104.03 | 2.88 | 0.0 | 15.65 | 12.67 | 0.0 | 10.38 | 15.08 | 0.0 | 7.65 | 6.69 | 0.0 | 10.8 | 18.42 | 0.0 | 7.95 | 12.45 | 0.0 | 10.75 | 15.34 | 0.0 | 7.65 | 6.69 | 0.0 | - | - | 0.00 |
20Q2 (3) | 1009 | 0.5 | 0.0 | 0.70 | 45.83 | 0.0 | 0.93 | 8.14 | 0.0 | 1.18 | 145.83 | 0.0 | 101.12 | 5.33 | 0.0 | 13.89 | 5.95 | 0.0 | 9.02 | 10.4 | 0.0 | 7.17 | 53.86 | 0.0 | 9.12 | 16.33 | 0.0 | 7.07 | 46.68 | 0.0 | 9.32 | 39.94 | 0.0 | 7.17 | 53.86 | 0.0 | - | - | 0.00 |
20Q1 (2) | 1004 | 0.0 | 0.0 | 0.48 | 4.35 | 0.0 | 0.86 | 24.64 | 0.0 | 0.48 | -69.23 | 0.0 | 96.0 | -13.74 | 0.0 | 13.11 | 19.18 | 0.0 | 8.17 | 30.93 | 0.0 | 4.66 | 13.38 | 0.0 | 7.84 | 12.81 | 0.0 | 4.82 | 3.43 | 0.0 | 6.66 | 12.5 | 0.0 | 4.66 | 13.38 | 0.0 | - | - | 0.00 |
19Q4 (1) | 1004 | 0.0 | 0.0 | 0.46 | 0.0 | 0.0 | 0.69 | 0.0 | 0.0 | 1.56 | 0.0 | 0.0 | 111.29 | 0.0 | 0.0 | 11.00 | 0.0 | 0.0 | 6.24 | 0.0 | 0.0 | 4.11 | 0.0 | 0.0 | 6.95 | 0.0 | 0.0 | 4.66 | 0.0 | 0.0 | 5.92 | 0.0 | 0.0 | 4.11 | 0.0 | 0.0 | - | - | 0.00 |
年/月 | 營收 | 月增率(%) | 去年同期年增率(%) | 累計營收 | 累計營收年增率(%) | 近三月累計營收 | 存貨銷售比 | 自結稅前EPS | 自結稅前累計EPS | 備註(年增率變動50%需說明原因) |
---|---|---|---|---|---|---|---|---|---|---|
2024/10 | 45.62 | 0.43 | -12.75 | 497.87 | -0.78 | 143.94 | N/A | - | ||
2024/9 | 45.42 | -14.14 | -15.42 | 452.25 | 0.6 | 148.93 | 1.29 | - | ||
2024/8 | 52.9 | 4.53 | -1.29 | 406.83 | 2.77 | 154.49 | 1.24 | - | ||
2024/7 | 50.61 | -0.72 | 6.07 | 353.93 | 3.41 | 153.29 | 1.25 | - | ||
2024/6 | 50.98 | -1.4 | -2.86 | 303.32 | 2.98 | 154.77 | 1.25 | - | ||
2024/5 | 51.7 | -0.74 | -8.07 | 252.35 | 4.24 | 159.84 | 1.22 | - | ||
2024/4 | 52.09 | -7.04 | 5.03 | 200.64 | 7.98 | 145.56 | 1.33 | - | ||
2024/3 | 56.04 | 49.73 | 0.66 | 148.55 | 9.05 | 148.55 | 1.33 | - | ||
2024/2 | 37.43 | -32.05 | -16.98 | 92.51 | 14.84 | 151.4 | 1.31 | - | ||
2024/1 | 55.08 | -6.46 | 55.31 | 55.08 | 55.31 | 168.85 | 1.17 | 本月及累計合併營業收入較去年同期增加,主係112年1月為農曆春節月份,致出貨工作天數不同進而影響營業收入。 | ||
2023/12 | 58.89 | 7.3 | 6.66 | 615.6 | 2.24 | 166.05 | 1.2 | - | ||
2023/11 | 54.88 | 4.95 | 30.02 | 556.71 | 1.79 | 160.87 | 1.24 | - | ||
2023/10 | 52.29 | -2.63 | 14.5 | 501.83 | -0.56 | 159.58 | 1.25 | - | ||
2023/9 | 53.7 | 0.2 | 14.48 | 449.55 | -2.06 | 155.01 | 1.27 | - | ||
2023/8 | 53.6 | 12.33 | 6.56 | 395.85 | -3.94 | 153.79 | 1.28 | - | ||
2023/7 | 47.71 | -9.08 | -1.16 | 342.25 | -5.4 | 156.44 | 1.26 | - | ||
2023/6 | 52.48 | -6.69 | -0.65 | 294.54 | -6.05 | 158.32 | 1.19 | - | ||
2023/5 | 56.25 | 13.4 | 8.7 | 242.06 | -7.15 | 161.51 | 1.16 | - | ||
2023/4 | 49.6 | -10.9 | -13.11 | 185.81 | -11.08 | 150.35 | 1.25 | - | ||
2023/3 | 55.67 | 23.47 | -8.66 | 136.22 | -10.31 | 136.22 | 1.37 | - | ||
2023/2 | 45.08 | 27.11 | 10.63 | 80.55 | -11.42 | 135.76 | 1.37 | - | ||
2023/1 | 35.47 | -35.75 | -29.33 | 35.47 | -29.33 | 132.88 | 1.4 | - | ||
2022/12 | 55.21 | 30.8 | -4.31 | 602.09 | 3.25 | 143.08 | 1.32 | - | ||
2022/11 | 42.21 | -7.57 | -19.58 | 546.88 | 4.08 | 134.78 | 1.4 | - | ||
2022/10 | 45.66 | -2.65 | -13.76 | 504.68 | 6.71 | 142.87 | 1.32 | - | ||
2022/9 | 46.91 | -6.73 | 0.46 | 459.01 | 9.29 | 145.48 | 1.39 | - | ||
2022/8 | 50.3 | 4.19 | 9.18 | 412.1 | 10.4 | 151.39 | 1.33 | - | ||
2022/7 | 48.27 | -8.61 | -2.13 | 361.81 | 10.57 | 152.84 | 1.32 | - | ||
2022/6 | 52.82 | 2.09 | 8.25 | 313.53 | 12.82 | 161.65 | 1.33 | - | ||
2022/5 | 51.74 | -9.35 | 4.11 | 260.71 | 13.8 | 169.77 | 1.26 | - | ||
2022/4 | 57.08 | -6.34 | 12.56 | 208.97 | 16.48 | 158.78 | 1.35 | - | ||
2022/3 | 60.95 | 49.56 | 22.63 | 151.89 | 18.03 | 151.89 | 1.33 | - | ||
2022/2 | 40.75 | -18.8 | 27.49 | 90.94 | 15.13 | 148.64 | 1.36 | - | ||
2022/1 | 50.19 | -13.01 | 6.73 | 50.19 | 6.73 | 160.37 | 1.26 | - | ||
2021/12 | 57.7 | 9.92 | 17.43 | 583.1 | 35.9 | 163.14 | 1.26 | - | ||
2021/11 | 52.49 | -0.88 | 31.76 | 525.41 | 38.29 | 152.13 | 1.35 | - | ||
2021/10 | 52.96 | 13.41 | 35.28 | 472.92 | 39.05 | 145.71 | 1.41 | - | ||
2021/9 | 46.69 | 1.36 | 26.52 | 419.96 | 39.54 | 142.08 | 1.39 | - | ||
2021/8 | 46.06 | -6.61 | 44.09 | 373.27 | 41.36 | 144.18 | 1.37 | - | ||
2021/7 | 49.32 | 1.08 | 40.29 | 327.21 | 40.99 | 147.82 | 1.34 | - | ||
2021/6 | 48.8 | -1.8 | 43.13 | 277.88 | 41.11 | 149.2 | 1.14 | - | ||
2021/5 | 49.7 | -2.0 | 54.94 | 229.09 | 40.69 | 150.11 | 1.14 | 本公司受國際鋼價走揚及市場需求影響,銷售價格及數量均較為成長;子公司-東鋼越南自有品牌發酵後帶動訂單挹注,營收穩定成長。 | ||
2021/4 | 50.71 | 2.04 | 46.65 | 179.39 | 37.19 | 132.37 | 1.29 | - | ||
2021/3 | 49.7 | 55.48 | 33.83 | 128.68 | 33.79 | 128.68 | 1.18 | - | ||
2021/2 | 31.96 | -32.02 | 0.5 | 78.98 | 33.77 | 128.12 | 1.19 | - | ||
2021/1 | 47.02 | -4.29 | 72.56 | 47.02 | 72.56 | 135.99 | 1.12 | 本公司本月營收主係受工作日較長影響,故銷售數量較去年同期增加及子公司營收持續穩定成長所致。 | ||
2020/12 | 49.13 | 23.34 | 26.25 | 429.06 | -4.68 | 128.11 | 0.95 | - | ||
2020/11 | 39.83 | 1.76 | 10.5 | 379.92 | -7.61 | 115.88 | 1.06 | - | ||
2020/10 | 39.14 | 6.06 | 5.99 | 340.09 | -9.35 | 108.01 | 1.13 | - | ||
2020/9 | 36.9 | 15.43 | 6.74 | 300.95 | -11.03 | 104.03 | 1.26 | - | ||
2020/8 | 31.97 | -9.07 | -11.53 | 264.05 | -13.05 | 101.22 | 1.29 | - | ||
2020/7 | 35.16 | 3.12 | -0.73 | 232.08 | -13.26 | 101.32 | 1.29 | - | ||
2020/6 | 34.09 | 6.28 | -12.9 | 196.92 | -15.17 | 100.74 | 1.34 | - | ||
2020/5 | 32.07 | -7.24 | -23.6 | 162.83 | -15.63 | 103.79 | 1.3 | - | ||
2020/4 | 34.58 | -6.87 | -3.79 | 130.76 | -13.42 | 103.51 | 1.31 | - | ||
2020/3 | 37.13 | 16.76 | -17.85 | 96.18 | -16.42 | 96.18 | 1.45 | - | ||
2020/2 | 31.8 | 16.7 | 2.51 | 59.04 | -15.49 | 97.96 | 1.42 | - | ||
2020/1 | 27.25 | -29.98 | -29.86 | 27.25 | -29.86 | 102.21 | 1.37 | - | ||
2019/12 | 38.92 | 7.95 | 4.46 | 450.17 | 12.9 | 0.0 | N/A | - | ||
2019/11 | 36.05 | -2.38 | 24.47 | 411.25 | 13.77 | 0.0 | N/A | - |
加權平均股數 YoY | EPS YoY | 本業EPS YoY | 營收 YoY | 毛利率(%) YoY | 營業利益率 YoY | 稅後淨利率 YoY | 營業利益 YoY | 稅前淨利 YoY | 稅後淨利 YoY | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 (10) | 730 | 0.0 | 6.46 | 18.53 | 6.47 | 22.31 | 609.62 | 1.65 | 14.18 | 13.17 | 9.84 | 13.76 | 7.81 | 16.74 | 59.99 | 15.65 | 60.02 | 12.82 | 47.29 | 18.4 |
2022 (9) | 730 | -26.41 | 5.45 | -7.94 | 5.29 | -31.21 | 599.72 | 2.0 | 12.53 | -22.22 | 8.65 | -27.98 | 6.69 | -33.57 | 51.87 | -26.53 | 53.2 | -27.63 | 39.94 | -32.37 |
2021 (8) | 992 | -2.07 | 5.92 | 81.04 | 7.69 | 60.54 | 587.95 | 37.16 | 16.11 | 4.27 | 12.01 | 16.49 | 10.07 | 21.33 | 70.6 | 59.69 | 73.51 | 63.72 | 59.06 | 65.81 |
2020 (7) | 1013 | 0.9 | 3.27 | 127.08 | 4.79 | 125.94 | 428.66 | -4.45 | 15.45 | 67.75 | 10.31 | 119.36 | 8.30 | 139.19 | 44.21 | 109.82 | 44.9 | 111.59 | 35.62 | 127.46 |
2019 (6) | 1004 | 0.0 | 1.44 | 65.52 | 2.12 | 70.97 | 448.64 | 12.81 | 9.21 | 10.17 | 4.70 | 46.42 | 3.47 | 54.91 | 21.07 | 65.25 | 21.22 | 69.08 | 15.66 | 76.35 |
2018 (5) | 1004 | 0.4 | 0.87 | -49.12 | 1.24 | -41.78 | 397.7 | 25.26 | 8.36 | -30.16 | 3.21 | -44.66 | 2.24 | -58.21 | 12.75 | -30.78 | 12.55 | -37.22 | 8.88 | -48.22 |
2017 (4) | 1000 | 0.2 | 1.71 | 23.02 | 2.13 | 20.34 | 317.49 | 25.94 | 11.97 | 1.61 | 5.80 | -2.03 | 5.36 | -8.69 | 18.42 | 23.46 | 19.99 | 18.85 | 17.15 | 15.49 |
2016 (3) | 998 | 0.0 | 1.39 | 13.01 | 1.77 | 2.31 | 252.1 | -18.82 | 11.78 | 20.57 | 5.92 | 21.56 | 5.87 | 46.38 | 14.92 | -1.26 | 16.82 | 11.02 | 14.85 | 17.02 |
2015 (2) | 998 | 0.0 | 1.23 | 29.47 | 1.73 | 11.61 | 310.53 | -13.48 | 9.77 | 21.37 | 4.87 | 28.84 | 4.01 | 36.86 | 15.11 | 11.51 | 15.15 | 17.99 | 12.69 | 20.06 |
2014 (1) | 998 | 0.0 | 0.95 | -49.74 | 1.55 | -39.92 | 358.92 | 2.2 | 8.05 | 0 | 3.78 | 0 | 2.93 | 0 | 13.55 | -38.04 | 12.84 | -47.01 | 10.57 | -50.07 |