- 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) | 0.00 | 100.0 | -100.0 | 10.08 | 195.6 | 21.89 | 2.43 | 163.45 | 95.97 | 0.32 | 101.08 | -80.72 | -0.58 | 98.09 | -2800.0 | -0.08 | 97.98 | 0 | 0.26 | 112.38 | 8.33 | 0.09 | 12.5 | 12.5 | 11.60 | 169.59 | -6.98 | 71.60 | 4.43 | 18.17 | 768.75 | 5816.78 | 916.31 | -662.50 | -860.79 | -2683.75 | 6.89 | -0.86 | -12.23 |
| 24Q2 (19) | -1.46 | -484.0 | -294.59 | 3.41 | -48.95 | 109.2 | -3.83 | -355.95 | 54.46 | -29.56 | -701.08 | -268.12 | -30.38 | -438.65 | -213.52 | -3.97 | -467.14 | -264.22 | -2.10 | -1212.5 | -366.67 | 0.08 | 0.0 | 14.29 | -16.67 | -276.78 | -501.69 | 68.56 | 5.06 | 17.64 | 12.99 | -42.76 | -87.61 | 87.08 | 12.65 | 1998.35 | 6.95 | -11.69 | -28.79 |
| 24Q1 (18) | -0.25 | -47.06 | -1350.0 | 6.68 | -24.18 | -49.81 | -0.84 | -124.56 | -113.79 | -3.69 | -190.55 | -189.56 | -5.64 | -48.81 | -1300.0 | -0.70 | -48.94 | -1266.67 | -0.16 | -220.0 | -161.54 | 0.08 | 0.0 | 0.0 | 9.43 | -9.59 | -36.02 | 65.26 | 8.19 | 8.62 | 22.70 | 108.51 | -84.68 | 77.30 | -78.92 | 262.25 | 7.87 | -1.99 | -3.32 |
| 23Q4 (17) | -0.17 | -1800.0 | -112.5 | 8.81 | 6.53 | -28.02 | 3.42 | 175.81 | -30.63 | -1.27 | -176.51 | 61.52 | -3.79 | -18850.0 | 1.04 | -0.47 | 0 | 20.34 | -0.05 | -120.83 | 64.29 | 0.08 | 0.0 | -11.11 | 10.43 | -16.36 | 75.29 | 60.32 | -0.45 | -6.12 | -266.67 | -452.54 | -78.1 | 366.67 | 1330.0 | 46.83 | 8.03 | 2.29 | 19.14 |
| 23Q3 (16) | 0.01 | 102.7 | -98.25 | 8.27 | 407.36 | -53.2 | 1.24 | 114.74 | -90.02 | 1.66 | 120.67 | -87.1 | -0.02 | 99.79 | -100.23 | 0.00 | 100.0 | -100.0 | 0.24 | 153.33 | -79.13 | 0.08 | 14.29 | -27.27 | 12.47 | 200.48 | -37.24 | 60.59 | 3.96 | -8.98 | 75.64 | -27.89 | -21.54 | 25.64 | 658.97 | 612.99 | 7.85 | -19.57 | 24.41 |
| 23Q2 (15) | -0.37 | -1950.0 | 0 | 1.63 | -87.75 | -85.43 | -8.41 | -238.1 | -277.8 | -8.03 | -294.9 | -230.57 | -9.69 | -2161.7 | -1715.0 | -1.09 | -1916.67 | -1190.0 | -0.45 | -273.08 | -325.0 | 0.07 | -12.5 | -30.0 | 4.15 | -71.85 | -69.03 | 58.28 | -3.0 | -16.61 | 104.89 | -29.21 | 36.32 | -4.59 | 90.37 | -119.9 | 9.76 | 19.9 | 43.32 |
| 23Q1 (14) | 0.02 | 125.0 | -90.91 | 13.31 | 8.74 | -7.31 | 6.09 | 23.53 | -10.57 | 4.12 | 224.85 | -50.84 | 0.47 | 112.27 | -90.37 | 0.06 | 110.17 | -91.55 | 0.26 | 285.71 | -52.73 | 0.08 | -11.11 | -11.11 | 14.74 | 147.73 | -5.39 | 60.08 | -6.49 | -9.12 | 148.17 | 198.96 | 81.97 | -47.64 | -119.08 | -353.33 | 8.14 | 20.77 | 9.85 |
| 22Q4 (13) | -0.08 | -114.04 | -103.83 | 12.24 | -30.73 | -73.72 | 4.93 | -60.31 | -89.06 | -3.30 | -125.64 | -107.48 | -3.83 | -143.52 | -114.98 | -0.59 | -136.2 | -110.0 | -0.14 | -112.17 | -103.69 | 0.09 | -18.18 | -35.71 | 5.95 | -70.06 | -87.66 | 64.25 | -3.49 | 1.52 | -149.73 | -255.32 | -246.68 | 249.73 | 6844.1 | 11938.54 | 6.74 | 6.81 | 41.0 |
| 22Q3 (12) | 0.57 | 0 | -14.93 | 17.67 | 57.91 | -6.75 | 12.42 | 162.58 | 18.29 | 12.87 | 109.27 | -3.81 | 8.80 | 1366.67 | -27.75 | 1.63 | 1530.0 | -14.66 | 1.15 | 475.0 | -12.21 | 0.11 | 10.0 | 10.0 | 19.87 | 48.28 | 8.11 | 66.57 | -4.75 | 19.47 | 96.40 | 25.29 | 22.83 | 3.60 | -84.4 | -83.29 | 6.31 | -7.34 | -23.52 |
| 22Q2 (11) | 0.00 | -100.0 | -100.0 | 11.19 | -22.08 | -38.21 | 4.73 | -30.54 | -32.52 | 6.15 | -26.61 | -31.36 | 0.60 | -87.7 | -89.58 | 0.10 | -85.92 | -89.69 | 0.20 | -63.64 | -71.43 | 0.10 | 11.11 | -9.09 | 13.40 | -13.99 | -8.03 | 69.89 | 5.72 | 32.12 | 76.94 | -5.5 | -1.58 | 23.06 | 22.59 | 5.65 | 6.81 | -8.1 | -35.69 |
| 22Q1 (10) | 0.22 | -89.47 | -50.0 | 14.36 | -69.16 | -32.96 | 6.81 | -84.88 | -40.52 | 8.38 | -81.01 | -24.5 | 4.88 | -80.92 | -34.5 | 0.71 | -87.97 | -39.32 | 0.55 | -85.49 | -34.52 | 0.09 | -35.71 | -10.0 | 15.58 | -67.68 | -8.94 | 66.11 | 4.46 | 28.97 | 81.42 | -20.24 | -21.1 | 18.81 | 991.57 | 688.97 | 7.41 | 55.02 | -30.09 |
| 21Q4 (9) | 2.09 | 211.94 | 309.8 | 46.57 | 145.75 | 87.78 | 45.05 | 329.05 | 202.55 | 44.12 | 229.75 | 217.18 | 25.57 | 109.93 | 142.14 | 5.90 | 208.9 | 280.65 | 3.79 | 189.31 | 244.55 | 0.14 | 40.0 | 40.0 | 48.20 | 162.24 | 133.98 | 63.29 | 13.59 | 30.76 | 102.08 | 30.07 | -4.61 | -2.11 | -109.8 | 69.94 | 4.78 | -42.06 | -57.7 |
| 21Q3 (8) | 0.67 | 123.33 | 28.85 | 18.95 | 4.64 | -27.89 | 10.50 | 49.79 | -30.92 | 13.38 | 49.33 | -8.54 | 12.18 | 111.46 | 11.54 | 1.91 | 96.91 | 17.9 | 1.31 | 87.14 | 15.93 | 0.10 | -9.09 | 0.0 | 18.38 | 26.15 | -13.51 | 55.72 | 5.33 | 9.86 | 78.48 | 0.39 | -24.36 | 21.52 | -1.39 | 651.76 | 8.25 | -22.1 | -27.31 |
| 21Q2 (7) | 0.30 | -31.82 | 230.43 | 18.11 | -15.45 | 34.65 | 7.01 | -38.78 | 245.74 | 8.96 | -19.28 | 332.73 | 5.76 | -22.68 | 153.33 | 0.97 | -17.09 | 205.43 | 0.70 | -16.67 | 229.63 | 0.11 | 10.0 | 83.33 | 14.57 | -14.85 | 103.21 | 52.90 | 3.2 | -0.68 | 78.18 | -24.24 | -36.88 | 21.82 | 783.36 | 188.09 | 10.59 | -0.09 | 0 |
| 21Q1 (6) | 0.44 | -13.73 | 1200.0 | 21.42 | -13.63 | 46.71 | 11.45 | -23.1 | 774.05 | 11.10 | -20.2 | 277.55 | 7.45 | -29.45 | 543.45 | 1.17 | -24.52 | 631.82 | 0.84 | -23.64 | 1150.0 | 0.10 | 0.0 | 11.11 | 17.11 | -16.94 | 73.35 | 51.26 | 5.91 | -4.06 | 103.19 | -3.57 | 129.12 | -3.19 | 54.5 | -105.73 | 10.60 | -6.19 | -17.7 |
| 20Q4 (5) | 0.51 | -1.92 | 234.21 | 24.80 | -5.63 | 281.02 | 14.89 | -2.04 | 263.45 | 13.91 | -4.92 | 222.34 | 10.56 | -3.3 | 180.61 | 1.55 | -4.32 | 214.81 | 1.10 | -2.65 | 232.53 | 0.10 | 0.0 | 42.86 | 20.60 | -3.06 | 976.6 | 48.40 | -4.57 | -4.16 | 107.02 | 3.14 | 33.61 | -7.02 | -79.95 | -135.26 | 11.30 | -0.44 | 0 |
| 20Q3 (4) | 0.52 | 326.09 | 0.0 | 26.28 | 95.39 | 0.0 | 15.20 | 416.01 | 0.0 | 14.63 | 480.0 | 0.0 | 10.92 | 201.11 | 0.0 | 1.62 | 276.09 | 0.0 | 1.13 | 309.26 | 0.0 | 0.10 | 66.67 | 0.0 | 21.25 | 196.37 | 0.0 | 50.72 | -4.77 | 0.0 | 103.76 | -16.22 | 0.0 | -3.90 | 84.26 | 0.0 | 11.35 | 0 | 0.0 |
| 20Q2 (3) | -0.23 | -475.0 | 0.0 | 13.45 | -7.88 | 0.0 | -4.81 | -467.18 | 0.0 | -3.85 | -230.95 | 0.0 | -10.80 | -542.86 | 0.0 | -0.92 | -318.18 | 0.0 | -0.54 | -575.0 | 0.0 | 0.06 | -33.33 | 0.0 | 7.17 | -27.36 | 0.0 | 53.26 | -0.32 | 0.0 | 123.85 | 175.0 | 0.0 | -24.77 | -144.45 | 0.0 | 0.00 | -100.0 | 0.0 |
| 20Q1 (2) | -0.04 | 89.47 | 0.0 | 14.60 | 206.57 | 0.0 | 1.31 | 114.38 | 0.0 | 2.94 | 125.86 | 0.0 | -1.68 | 87.18 | 0.0 | -0.22 | 83.7 | 0.0 | -0.08 | 90.36 | 0.0 | 0.09 | 28.57 | 0.0 | 9.87 | 520.0 | 0.0 | 53.43 | 5.8 | 0.0 | 45.04 | -43.77 | 0.0 | 55.73 | 180.0 | 0.0 | 12.88 | 0 | 0.0 |
| 19Q4 (1) | -0.38 | 0.0 | 0.0 | -13.70 | 0.0 | 0.0 | -9.11 | 0.0 | 0.0 | -11.37 | 0.0 | 0.0 | -13.10 | 0.0 | 0.0 | -1.35 | 0.0 | 0.0 | -0.83 | 0.0 | 0.0 | 0.07 | 0.0 | 0.0 | -2.35 | 0.0 | 0.0 | 50.50 | 0.0 | 0.0 | 80.10 | 0.0 | 0.0 | 19.90 | 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) | -0.51 | 0 | 8.20 | -41.47 | 0.84 | -88.71 | 7.28 | 41.97 | -0.64 | 0 | -3.04 | 0 | -1.53 | 0 | 0.01 | -99.45 | 0.31 | -22.5 | 10.66 | -23.58 | 60.32 | -6.12 | -131.30 | 0 | 230.43 | 0 | 0.43 | -1.67 | 8.41 | 23.86 |
| 2022 (9) | 0.70 | -80.0 | 14.01 | -50.34 | 7.44 | -64.62 | 5.13 | 33.55 | 6.30 | -71.03 | 2.84 | -79.63 | 1.87 | -81.19 | 1.83 | -72.56 | 0.40 | -13.04 | 13.95 | -47.99 | 64.25 | 1.52 | 118.06 | 22.12 | -18.13 | 0 | 0.44 | -10.96 | 6.79 | -17.2 |
| 2021 (8) | 3.50 | 366.67 | 28.21 | 36.28 | 21.03 | 156.15 | 3.84 | -32.72 | 21.75 | 161.1 | 13.94 | 252.91 | 9.94 | 402.02 | 6.67 | 322.15 | 0.46 | 35.29 | 26.82 | 69.75 | 63.29 | 30.76 | 96.68 | -1.95 | 3.32 | 136.67 | 0.49 | -30.88 | 8.20 | -36.58 |
| 2020 (7) | 0.75 | -37.5 | 20.70 | 6.54 | 8.21 | -15.01 | 5.71 | 28.35 | 8.33 | -11.29 | 3.95 | -24.47 | 1.98 | -43.43 | 1.58 | -42.96 | 0.34 | -22.73 | 15.80 | 1.87 | 48.40 | -4.16 | 98.60 | -4.16 | 1.40 | 0 | 0.71 | -16.6 | 12.93 | 19.94 |
| 2019 (6) | 1.20 | -71.29 | 19.43 | -27.82 | 9.66 | -49.02 | 4.45 | 26.43 | 9.39 | -49.79 | 5.23 | -60.71 | 3.50 | -71.64 | 2.77 | -66.22 | 0.44 | -22.81 | 15.51 | -35.21 | 50.50 | -7.86 | 102.87 | 1.52 | -2.87 | 0 | 0.85 | -14.2 | 10.78 | 23.34 |
| 2018 (5) | 4.18 | 13.28 | 26.92 | -2.78 | 18.95 | 4.7 | 3.52 | -8.51 | 18.70 | 5.47 | 13.31 | 16.35 | 12.34 | 6.93 | 8.20 | 8.32 | 0.57 | -5.0 | 23.94 | 2.4 | 54.81 | -29.34 | 101.34 | -0.78 | -1.34 | 0 | 0.99 | 0 | 8.74 | 4.55 |
| 2017 (4) | 3.69 | 47.6 | 27.69 | -3.72 | 18.10 | -2.0 | 3.84 | -29.41 | 17.73 | 6.81 | 11.44 | 28.54 | 11.54 | 52.65 | 7.57 | 36.15 | 0.60 | 13.21 | 23.38 | -4.22 | 77.57 | 30.35 | 102.13 | -8.2 | -2.13 | 0 | 0.00 | 0 | 8.36 | -15.9 |
| 2016 (3) | 2.50 | 72.41 | 28.76 | 32.6 | 18.47 | 49.19 | 5.44 | 2.84 | 16.60 | 46.0 | 8.90 | 106.5 | 7.56 | 101.6 | 5.56 | 70.55 | 0.53 | -1.85 | 24.41 | 27.94 | 59.51 | -3.11 | 111.26 | 2.14 | -11.26 | 0 | 0.00 | 0 | 9.94 | 14.25 |
| 2015 (2) | 1.45 | -69.54 | 21.69 | 28.42 | 12.38 | 39.1 | 5.29 | 32.52 | 11.37 | -34.43 | 4.31 | -62.46 | 3.75 | -70.66 | 3.26 | -63.21 | 0.54 | -21.74 | 19.08 | -18.43 | 61.42 | 3.8 | 108.92 | 112.12 | -8.92 | 0 | 0.00 | 0 | 8.70 | 33.64 |
| 2014 (1) | 4.76 | 217.33 | 16.89 | 0 | 8.90 | 0 | 3.99 | -2.34 | 17.34 | 0 | 11.48 | 0 | 12.78 | 0 | 8.86 | 0 | 0.69 | -2.82 | 23.39 | 57.4 | 59.17 | -7.27 | 51.35 | -53.31 | 48.65 | 0 | 0.00 | 0 | 6.51 | -9.58 |
