- 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) | -0.70 | -209.37 | -225.0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.02 | 0.0 | 0.0 | 0.00 | 0 | 0 | 3544.53 | 6.77 | -9.92 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | -100.0 | -100.0 |
| 24Q2 (19) | 0.64 | 6.67 | 272.97 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.02 | -33.33 | 0.0 | 0.00 | 0 | 0 | 3319.86 | -2.84 | -13.82 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 4.76 | 16.95 | -15.15 |
| 24Q1 (18) | 0.60 | 136.36 | 185.71 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.03 | 50.0 | 50.0 | 0.00 | 0 | 0 | 3416.97 | -7.9 | -8.94 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 4.07 | -30.66 | -20.2 |
| 23Q4 (17) | -1.65 | -394.64 | 35.04 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.02 | 0.0 | 0.0 | 0.00 | 0 | 0 | 3710.13 | -5.71 | -25.12 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 5.87 | 23.06 | -12.13 |
| 23Q3 (16) | 0.56 | 251.35 | 64.71 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.02 | 0.0 | 0.0 | 0.00 | 0 | 0 | 3934.99 | 2.15 | -26.97 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 4.77 | -14.97 | -1.24 |
| 23Q2 (15) | -0.37 | 47.14 | 66.36 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.02 | 0.0 | 100.0 | 0.00 | 0 | 0 | 3852.21 | 2.65 | -28.7 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 5.61 | 10.0 | -17.13 |
| 23Q1 (14) | -0.70 | 72.44 | 42.62 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.02 | 0.0 | 0.0 | 0.00 | 0 | 0 | 3752.61 | -24.26 | 6.06 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 5.10 | -23.65 | -7.44 |
| 22Q4 (13) | -2.54 | -847.06 | -669.7 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.02 | 0.0 | -33.33 | 0.00 | 0 | 0 | 4954.84 | -8.04 | 51.07 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 6.68 | 38.3 | 50.11 |
| 22Q3 (12) | 0.34 | 130.91 | 213.33 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.02 | 100.0 | 0.0 | 0.00 | 0 | 0 | 5388.25 | -0.28 | 66.56 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 4.83 | -28.66 | -3.4 |
| 22Q2 (11) | -1.10 | 9.84 | -350.0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.01 | -50.0 | -50.0 | 0.00 | 0 | 0 | 5403.16 | 52.7 | 79.74 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 6.77 | 22.87 | 34.59 |
| 22Q1 (10) | -1.22 | -269.7 | -287.69 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.02 | -33.33 | -33.33 | 0.00 | 0 | 0 | 3538.30 | 7.88 | 14.66 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 5.51 | 23.82 | 36.05 |
| 21Q4 (9) | -0.33 | -10.0 | -171.74 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.03 | 50.0 | 0.0 | 0.00 | 0 | 0 | 3279.88 | 1.39 | 6.52 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 4.45 | -11.0 | 7.75 |
| 21Q3 (8) | -0.30 | -168.18 | 34.78 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.02 | 0.0 | -33.33 | 0.00 | 0 | 0 | 3234.97 | 7.62 | -3.05 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 5.00 | -0.6 | 18.76 |
| 21Q2 (7) | 0.44 | -32.31 | 29.41 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.02 | -33.33 | -33.33 | 0.00 | 0 | 0 | 3006.04 | -2.59 | -1.2 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 5.03 | 24.2 | 12.03 |
| 21Q1 (6) | 0.65 | 41.3 | 140.74 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.03 | 0.0 | 0.0 | 0.00 | 0 | 0 | 3085.96 | 0.22 | -17.94 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 4.05 | -1.94 | -38.45 |
| 20Q4 (5) | 0.46 | 200.0 | -43.21 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.03 | 0.0 | -25.0 | 0.00 | 0 | 0 | 3079.25 | -7.71 | 1.51 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 4.13 | -1.9 | 0 |
| 20Q3 (4) | -0.46 | -235.29 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.03 | 0.0 | 0.0 | 0.00 | 0 | 0.0 | 3336.61 | 9.67 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 4.21 | -6.24 | 0.0 |
| 20Q2 (3) | 0.34 | 25.93 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.03 | 0.0 | 0.0 | 0.00 | 0 | 0.0 | 3042.54 | -19.1 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 4.49 | -31.76 | 0.0 |
| 20Q1 (2) | 0.27 | -66.67 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.03 | -25.0 | 0.0 | 0.00 | 0 | 0.0 | 3760.81 | 23.98 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 6.58 | 0 | 0.0 |
| 19Q4 (1) | 0.81 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0.04 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 3033.39 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0.00 | 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) | -2.11 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.08 | 0.0 | 0.00 | 0 | 3710.13 | -25.12 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 5.30 | -9.4 |
| 2022 (9) | -4.34 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.08 | -20.0 | -12.98 | 0 | 4954.84 | 51.07 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 5.85 | 28.01 |
| 2021 (8) | 0.42 | -31.15 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.10 | -16.67 | -0.17 | 0 | 3279.88 | 6.52 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 4.57 | -4.39 |
| 2020 (7) | 0.61 | -71.09 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.12 | -20.0 | 1.63 | -48.9 | 3079.25 | 7.59 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 4.78 | 2.8 |
| 2019 (6) | 2.11 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.15 | 0.0 | 3.19 | 0 | 2861.95 | -33.18 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 4.65 | -5.49 |
| 2018 (5) | -0.14 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.15 | -16.67 | -0.45 | 0 | 4283.20 | 65.68 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 4.92 | -1.4 |
| 2017 (4) | 1.71 | -3.93 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.18 | -5.26 | 2.21 | 7.8 | 2585.17 | -12.03 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 4.99 | -38.17 |
| 2016 (3) | 1.78 | -0.56 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.19 | 0.0 | 2.05 | -19.92 | 2938.83 | -4.52 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 8.07 | 147.55 |
| 2015 (2) | 1.79 | -1.65 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.19 | -9.52 | 2.56 | 48.84 | 3078.06 | 3.43 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 3.26 | -3.55 |
| 2014 (1) | 1.82 | -8.54 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.21 | -8.7 | 1.72 | 0.0 | 2975.96 | -6.35 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 3.38 | 5.62 |
