- 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) | -0.09 | -325.0 | 0 | 2.57 | -28.01 | 7.08 | 0.57 | -56.82 | 714.29 | -0.77 | -235.09 | -741.67 | -0.86 | -637.5 | -330.0 | -0.52 | -677.78 | -372.73 | -0.03 | -113.04 | -123.08 | 0.26 | 8.33 | 18.18 | 3.46 | -32.55 | -25.11 | 129.60 | -1.52 | -10.11 | -73.68 | -131.93 | -321.05 | 173.68 | 232.82 | 421.05 | 3.99 | -6.78 | -12.88 |
| 24Q2 (19) | 0.04 | -83.33 | -75.0 | 3.57 | 55.9 | -1.92 | 1.32 | 13300.0 | -1.49 | 0.57 | -73.61 | -65.45 | 0.16 | -91.35 | -85.05 | 0.09 | -91.51 | -85.25 | 0.23 | -63.49 | -47.73 | 0.24 | 0.0 | 4.35 | 5.13 | -24.0 | -13.34 | 131.60 | -6.05 | -3.58 | 230.77 | 0 | 184.62 | -130.77 | -228.15 | -791.21 | 4.28 | -8.74 | -6.96 |
| 24Q1 (18) | 0.24 | 260.0 | -14.29 | 2.29 | -10.89 | 4.57 | -0.01 | -101.54 | 0.0 | 2.16 | 222.03 | 17.39 | 1.85 | 248.0 | 2.78 | 1.06 | 229.27 | -0.93 | 0.63 | 493.75 | 3.28 | 0.24 | -11.11 | 0.0 | 6.75 | 224.52 | 16.98 | 140.07 | 1.02 | -4.51 | 0.00 | 100.0 | 0 | 102.04 | -25.49 | -0.28 | 4.69 | 36.73 | 8.56 |
| 23Q4 (17) | -0.15 | 0 | -215.38 | 2.57 | 7.08 | -34.1 | 0.65 | 828.57 | -67.66 | -1.77 | -1575.0 | -292.39 | -1.25 | -525.0 | -345.1 | -0.82 | -645.45 | -348.48 | -0.16 | -223.08 | -148.48 | 0.27 | 22.73 | 0.0 | 2.08 | -54.98 | -54.49 | 138.66 | -3.82 | 0.39 | -36.96 | -210.87 | -117.06 | 136.96 | 310.87 | 217.39 | 3.43 | -25.11 | -3.11 |
| 23Q3 (16) | 0.00 | -100.0 | -100.0 | 2.40 | -34.07 | 130.77 | 0.07 | -94.78 | 107.78 | 0.12 | -92.73 | -94.29 | -0.20 | -118.69 | -112.58 | -0.11 | -118.03 | -108.8 | 0.13 | -70.45 | -80.3 | 0.22 | -4.35 | -31.25 | 4.62 | -21.96 | -4.74 | 144.17 | 5.63 | -2.12 | 33.33 | -58.89 | 179.01 | 33.33 | 76.19 | -76.56 | 4.58 | -0.43 | 19.27 |
| 23Q2 (15) | 0.16 | -42.86 | -42.86 | 3.64 | 66.21 | 116.67 | 1.34 | 13500.0 | 658.33 | 1.65 | -10.33 | -11.76 | 1.07 | -40.56 | -35.93 | 0.61 | -42.99 | -47.41 | 0.44 | -27.87 | -29.03 | 0.23 | -4.17 | -20.69 | 5.92 | 2.6 | 28.14 | 136.49 | -6.95 | -3.15 | 81.08 | 0 | 789.19 | 18.92 | -81.51 | -83.07 | 4.60 | 6.48 | 27.42 |
| 23Q1 (14) | 0.28 | 115.38 | -37.78 | 2.19 | -43.85 | -54.75 | -0.01 | -100.5 | -100.33 | 1.84 | 100.0 | -50.14 | 1.80 | 252.94 | -37.06 | 1.07 | 224.24 | -45.13 | 0.61 | 84.85 | -33.7 | 0.24 | -11.11 | -17.24 | 5.77 | 26.26 | -7.09 | 146.68 | 6.2 | 10.2 | 0.00 | -100.0 | -100.0 | 102.33 | 187.71 | 501.92 | 4.32 | 22.03 | 16.13 |
| 22Q4 (13) | 0.13 | -56.67 | -82.19 | 3.90 | 275.0 | -48.89 | 2.01 | 323.33 | -63.91 | 0.92 | -56.19 | -82.9 | 0.51 | -67.92 | -87.86 | 0.33 | -73.6 | -90.12 | 0.33 | -50.0 | -78.0 | 0.27 | -15.62 | -20.59 | 4.57 | -5.77 | -39.07 | 138.12 | -6.23 | 6.52 | 216.67 | 613.58 | 108.97 | -116.67 | -182.05 | -3069.44 | 3.54 | -7.81 | -1.39 |
| 22Q3 (12) | 0.30 | 7.14 | -28.57 | 1.04 | -38.1 | -81.63 | -0.90 | -275.0 | -125.14 | 2.10 | 12.3 | -43.09 | 1.59 | -4.79 | -44.6 | 1.25 | 7.76 | -34.55 | 0.66 | 6.45 | -29.79 | 0.32 | 10.34 | 10.34 | 4.85 | 4.98 | -21.77 | 147.30 | 4.52 | 8.25 | -42.19 | -258.59 | -143.61 | 142.19 | 27.22 | 4260.42 | 3.84 | 6.37 | -1.79 |
| 22Q2 (11) | 0.28 | -37.78 | -69.89 | 1.68 | -65.29 | -81.7 | -0.24 | -107.82 | -103.49 | 1.87 | -49.32 | -77.74 | 1.67 | -41.61 | -75.69 | 1.16 | -40.51 | -74.39 | 0.62 | -32.61 | -70.33 | 0.29 | 0.0 | 0.0 | 4.62 | -25.6 | -57.3 | 140.93 | 5.88 | 18.6 | -11.76 | -114.17 | -114.39 | 111.76 | 557.44 | 513.2 | 3.61 | -2.96 | -10.2 |
| 22Q1 (10) | 0.45 | -38.36 | 0.0 | 4.84 | -36.57 | -20.26 | 3.07 | -44.88 | -27.25 | 3.69 | -31.41 | -15.56 | 2.86 | -31.9 | -16.37 | 1.95 | -41.62 | -10.96 | 0.92 | -38.67 | -10.68 | 0.29 | -14.71 | 7.41 | 6.21 | -17.2 | -9.34 | 133.10 | 2.65 | -1.76 | 83.00 | -19.95 | -14.43 | 17.00 | 561.83 | 466.67 | 3.72 | 3.62 | 4.49 |
| 21Q4 (9) | 0.73 | 73.81 | 108.57 | 7.63 | 34.81 | 34.09 | 5.57 | 55.59 | 63.34 | 5.38 | 45.8 | 43.47 | 4.20 | 46.34 | 44.33 | 3.34 | 74.87 | 91.95 | 1.50 | 59.57 | 76.47 | 0.34 | 17.24 | 30.77 | 7.50 | 20.97 | 12.95 | 129.66 | -4.72 | -3.63 | 103.68 | 7.18 | 14.05 | -3.68 | -212.88 | -140.49 | 3.59 | -8.18 | -5.28 |
| 21Q3 (8) | 0.42 | -54.84 | 223.08 | 5.66 | -38.34 | 10.33 | 3.58 | -47.89 | 76.35 | 3.69 | -56.07 | 102.75 | 2.87 | -58.22 | 106.47 | 1.91 | -57.84 | 180.88 | 0.94 | -55.02 | 129.27 | 0.29 | 0.0 | 38.1 | 6.20 | -42.7 | 11.91 | 136.08 | 14.52 | 7.29 | 96.74 | 18.3 | -14.99 | 3.26 | -82.11 | 131.52 | 3.91 | -2.74 | -15.0 |
| 21Q2 (7) | 0.93 | 106.67 | 244.44 | 9.18 | 51.24 | 136.6 | 6.87 | 62.8 | 279.56 | 8.40 | 92.22 | 198.93 | 6.87 | 100.88 | 192.34 | 4.53 | 106.85 | 206.08 | 2.09 | 102.91 | 178.67 | 0.29 | 7.41 | 11.54 | 10.82 | 57.96 | 77.67 | 118.83 | -12.29 | -10.4 | 81.77 | -15.7 | 25.98 | 18.23 | 507.55 | -48.05 | 4.02 | 12.92 | 0 |
| 21Q1 (6) | 0.45 | 28.57 | 275.0 | 6.07 | 6.68 | 48.41 | 4.22 | 23.75 | 100.95 | 4.37 | 16.53 | 226.12 | 3.42 | 17.53 | 238.61 | 2.19 | 25.86 | 277.59 | 1.03 | 21.18 | 164.1 | 0.27 | 3.85 | 17.39 | 6.85 | 3.16 | 39.8 | 135.48 | 0.7 | -15.25 | 97.00 | 6.7 | -37.82 | 3.00 | -67.0 | 105.36 | 3.56 | -6.07 | 0 |
| 20Q4 (5) | 0.35 | 169.23 | 164.81 | 5.69 | 10.92 | 272.42 | 3.41 | 67.98 | 169.45 | 3.75 | 106.04 | 165.56 | 2.91 | 109.35 | 162.85 | 1.74 | 155.88 | 161.92 | 0.85 | 107.32 | 175.22 | 0.26 | 23.81 | -3.7 | 6.64 | 19.86 | 345.02 | 134.54 | 6.08 | 4.22 | 90.91 | -20.11 | 6.49 | 9.09 | 187.88 | -34.22 | 3.79 | -17.61 | 0 |
| 20Q3 (4) | 0.13 | -51.85 | 0.0 | 5.13 | 32.22 | 0.0 | 2.03 | 12.15 | 0.0 | 1.82 | -35.23 | 0.0 | 1.39 | -40.85 | 0.0 | 0.68 | -54.05 | 0.0 | 0.41 | -45.33 | 0.0 | 0.21 | -19.23 | 0.0 | 5.54 | -9.03 | 0.0 | 126.83 | -4.37 | 0.0 | 113.79 | 75.3 | 0.0 | -10.34 | -129.48 | 0.0 | 4.60 | 0 | 0.0 |
| 20Q2 (3) | 0.27 | 125.0 | 0.0 | 3.88 | -5.13 | 0.0 | 1.81 | -13.81 | 0.0 | 2.81 | 109.7 | 0.0 | 2.35 | 132.67 | 0.0 | 1.48 | 155.17 | 0.0 | 0.75 | 92.31 | 0.0 | 0.26 | 13.04 | 0.0 | 6.09 | 24.29 | 0.0 | 132.63 | -17.03 | 0.0 | 64.91 | -58.39 | 0.0 | 35.09 | 162.66 | 0.0 | 0.00 | 0 | 0.0 |
| 20Q1 (2) | 0.12 | 122.22 | 0.0 | 4.09 | 223.94 | 0.0 | 2.10 | 142.77 | 0.0 | 1.34 | 123.43 | 0.0 | 1.01 | 121.81 | 0.0 | 0.58 | 120.64 | 0.0 | 0.39 | 134.51 | 0.0 | 0.23 | -14.81 | 0.0 | 4.90 | 280.81 | 0.0 | 159.86 | 23.84 | 0.0 | 156.00 | 82.74 | 0.0 | -56.00 | -505.18 | 0.0 | 0.00 | 0 | 0.0 |
| 19Q4 (1) | -0.54 | 0.0 | 0.0 | -3.30 | 0.0 | 0.0 | -4.91 | 0.0 | 0.0 | -5.72 | 0.0 | 0.0 | -4.63 | 0.0 | 0.0 | -2.81 | 0.0 | 0.0 | -1.13 | 0.0 | 0.0 | 0.27 | 0.0 | 0.0 | -2.71 | 0.0 | 0.0 | 129.09 | 0.0 | 0.0 | 85.37 | 0.0 | 0.0 | 13.82 | 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) | 0.28 | -75.86 | 2.69 | -3.93 | 0.52 | -43.48 | 3.06 | 37.04 | 0.40 | -81.48 | 0.32 | -80.84 | 0.76 | -83.8 | 1.05 | -58.98 | 0.99 | -17.5 | 4.51 | -11.05 | 138.66 | 0.39 | 129.73 | 205.7 | -29.73 | 0 | 0.07 | -0.51 | 4.20 | 14.13 |
| 2022 (9) | 1.16 | -54.33 | 2.80 | -60.95 | 0.92 | -81.93 | 2.24 | 17.87 | 2.16 | -60.44 | 1.67 | -61.43 | 4.69 | -60.56 | 2.56 | -53.2 | 1.20 | 1.69 | 5.07 | -35.17 | 138.12 | 6.52 | 42.44 | -54.55 | 57.56 | 768.11 | 0.07 | 234.44 | 3.68 | -2.13 |
| 2021 (8) | 2.54 | 191.95 | 7.17 | 52.88 | 5.09 | 115.68 | 1.90 | -26.04 | 5.46 | 119.28 | 4.33 | 119.8 | 11.89 | 177.8 | 5.47 | 132.77 | 1.18 | 25.53 | 7.82 | 34.13 | 129.66 | -3.63 | 93.37 | -1.41 | 6.63 | 25.32 | 0.02 | -7.55 | 3.76 | -6.0 |
| 2020 (7) | 0.87 | 0 | 4.69 | 0 | 2.36 | 0 | 2.57 | 2.03 | 2.49 | 0 | 1.97 | 0 | 4.28 | 0 | 2.35 | 0 | 0.94 | -4.08 | 5.83 | 0 | 134.54 | 4.22 | 94.71 | -8.14 | 5.29 | 0 | 0.02 | -36.58 | 4.00 | 11.42 |
| 2019 (6) | -1.40 | 0 | -2.38 | 0 | -4.17 | 0 | 2.51 | -7.36 | -4.05 | 0 | -3.26 | 0 | -7.23 | 0 | -2.47 | 0 | 0.98 | -2.0 | -0.50 | 0 | 129.09 | 5.95 | 103.11 | -11.44 | -3.11 | 0 | 0.04 | 213.82 | 3.59 | -1.91 |
| 2018 (5) | -1.09 | 0 | -2.16 | 0 | -4.00 | 0 | 2.71 | -34.43 | -3.44 | 0 | -2.50 | 0 | -5.12 | 0 | -1.98 | 0 | 1.00 | 31.58 | 0.02 | -99.63 | 121.84 | 37.44 | 116.43 | 12.67 | -16.43 | 0 | 0.01 | 0 | 3.66 | -29.07 |
| 2017 (4) | 0.06 | -90.77 | 3.78 | 129.09 | 0.60 | 0 | 4.14 | -14.7 | 0.57 | -88.71 | -0.20 | 0 | -0.26 | 0 | 0.17 | -95.54 | 0.76 | -3.8 | 5.34 | -49.48 | 88.65 | 55.47 | 103.33 | 0 | -3.33 | 0 | 0.00 | 0 | 5.16 | 4.24 |
| 2016 (3) | 0.65 | 0 | 1.65 | 0 | -1.46 | 0 | 4.85 | 59.59 | 5.05 | 0 | 4.28 | 0 | 6.07 | 0 | 3.81 | 0 | 0.79 | -31.3 | 10.57 | 1309.33 | 57.02 | -46.29 | -29.17 | 0 | 129.17 | 0 | 0.00 | 0 | 4.95 | 50.46 |
| 2015 (2) | -1.16 | 0 | -1.51 | 0 | -3.41 | 0 | 3.04 | 29.95 | -2.93 | 0 | -2.45 | 0 | -6.45 | 0 | -2.22 | 0 | 1.15 | -19.58 | 0.75 | -36.44 | 106.16 | -29.99 | 116.60 | 31.45 | -16.60 | 0 | 0.00 | 0 | 3.29 | 23.68 |
| 2014 (1) | -0.89 | 0 | 0.19 | 0 | -1.43 | 0 | 2.34 | 21.54 | -1.61 | 0 | -1.35 | 0 | -4.58 | 0 | -1.42 | 0 | 1.43 | -7.14 | 1.18 | -36.9 | 151.64 | 23.85 | 88.70 | 155.01 | 11.30 | -82.67 | 0.00 | 0 | 2.66 | 13.19 |
