- 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) | -0.66 | -78.38 | -247.37 | 6.21 | 21.29 | -64.7 | -21.08 | 14.62 | -131.9 | -22.02 | -37.88 | -189.74 | -23.02 | -49.48 | -221.96 | -4.97 | -61.36 | -242.76 | -2.80 | -57.3 | -201.08 | 0.13 | 8.33 | -7.14 | -17.42 | -53.48 | -266.74 | 73.70 | 8.53 | 54.96 | 95.89 | -38.36 | -21.87 | 4.11 | 107.4 | 122.6 | 29.48 | 6.23 | 33.51 |
| 24Q2 (19) | -0.37 | -23.33 | -346.67 | 5.12 | -69.54 | -67.51 | -24.69 | -102.71 | -290.66 | -15.97 | -33.31 | -3113.21 | -15.40 | -19.94 | -375.49 | -3.08 | -1.32 | -356.67 | -1.78 | -11.25 | -311.9 | 0.12 | -7.69 | -14.29 | -11.35 | -49.74 | -494.1 | 67.91 | -4.39 | 31.48 | 155.56 | 55.56 | 115.56 | -55.56 | -1677.78 | -105.29 | 27.75 | 7.39 | 58.66 |
| 24Q1 (18) | -0.30 | 64.71 | -3.45 | 16.81 | 268.64 | 51.31 | -12.18 | 50.22 | 22.96 | -11.98 | 71.09 | 22.26 | -12.84 | 63.01 | -6.56 | -3.04 | 62.7 | -16.03 | -1.60 | 67.48 | 3.03 | 0.13 | -7.14 | -7.14 | -7.58 | 79.15 | 32.02 | 71.03 | -20.41 | 48.1 | 100.00 | 70.15 | -4.65 | -3.12 | -107.58 | -28.12 | 25.84 | 5.95 | -4.44 |
| 23Q4 (17) | -0.85 | -347.37 | -2933.33 | 4.56 | -74.08 | -74.18 | -24.47 | -169.2 | -3084.15 | -41.44 | -445.26 | -2141.38 | -34.71 | -385.45 | -3092.24 | -8.15 | -462.07 | -2646.88 | -4.92 | -429.03 | -2336.36 | 0.14 | 0.0 | -12.5 | -36.36 | -665.47 | -773.33 | 89.25 | 87.66 | 38.39 | 58.77 | -52.11 | 76.32 | 41.23 | 326.75 | -17.54 | 24.39 | 10.46 | 27.63 |
| 23Q3 (16) | -0.19 | -226.67 | -733.33 | 17.59 | 11.61 | 36.25 | -9.09 | -43.83 | -391.35 | -7.60 | -1533.96 | -214.46 | -7.15 | -227.91 | -1053.33 | -1.45 | -220.83 | -617.86 | -0.93 | -210.71 | -589.47 | 0.14 | 0.0 | -30.0 | -4.75 | -264.93 | -150.64 | 47.56 | -7.92 | -44.19 | 122.73 | 112.27 | 555.84 | -18.18 | -101.73 | -114.33 | 22.08 | 26.24 | 34.96 |
| 23Q2 (15) | 0.15 | 151.72 | 250.0 | 15.76 | 41.85 | 41.6 | -6.32 | 60.03 | -70.81 | 0.53 | 103.44 | -88.17 | 5.59 | 146.39 | 294.1 | 1.20 | 145.8 | 210.09 | 0.84 | 150.91 | 271.43 | 0.14 | 0.0 | -26.32 | 2.88 | 125.83 | -60.22 | 51.65 | 7.69 | -48.7 | -1000.00 | -1053.49 | -1114.29 | 1050.00 | 43150.0 | 457.81 | 17.49 | -35.32 | 23.34 |
| 23Q1 (14) | -0.29 | -1066.67 | -314.29 | 11.11 | -37.09 | 1.74 | -15.81 | -2028.05 | -694.47 | -15.41 | -859.11 | -1263.72 | -12.05 | -1138.79 | -540.96 | -2.62 | -918.75 | -219.51 | -1.65 | -850.0 | -358.33 | 0.14 | -12.5 | -36.36 | -11.15 | -306.48 | -1095.54 | 47.96 | -25.63 | -54.38 | 104.88 | 214.63 | -41.73 | -2.44 | -104.88 | 96.95 | 27.04 | 41.5 | 112.75 |
| 22Q4 (13) | 0.03 | 0.0 | -97.25 | 17.66 | 36.79 | 131.45 | 0.82 | 144.32 | 123.98 | 2.03 | -69.43 | -93.96 | 1.16 | 54.67 | -95.67 | 0.32 | 14.29 | -97.56 | 0.22 | 15.79 | -96.56 | 0.16 | -20.0 | -33.33 | 5.40 | -42.43 | -84.91 | 64.49 | -24.33 | -37.06 | 33.33 | 223.81 | 422.92 | 50.00 | -60.61 | -54.68 | 19.11 | 16.81 | 53.74 |
| 22Q3 (12) | 0.03 | 130.0 | 160.0 | 12.91 | 15.99 | 1.89 | -1.85 | 50.0 | -50.41 | 6.64 | 48.21 | 422.83 | 0.75 | 126.04 | 157.25 | 0.28 | 125.69 | -20.0 | 0.19 | 138.78 | -13.64 | 0.20 | 5.26 | -4.76 | 9.38 | 29.56 | 185.98 | 85.22 | -15.36 | -24.15 | -26.92 | 67.31 | 73.08 | 126.92 | -32.57 | -36.54 | 16.36 | 15.37 | 15.54 |
| 22Q2 (11) | -0.10 | -42.86 | 37.5 | 11.13 | 1.92 | 53.73 | -3.70 | -85.93 | 31.61 | 4.48 | 496.46 | 197.6 | -2.88 | -53.19 | 34.55 | -1.09 | -32.93 | 46.04 | -0.49 | -36.11 | 47.87 | 0.19 | -13.64 | -13.64 | 7.24 | 546.43 | 399.17 | 100.68 | -4.24 | -7.29 | -82.35 | -145.75 | -171.12 | 188.24 | 335.29 | 1292.16 | 14.18 | 11.57 | 13.44 |
| 22Q1 (10) | -0.07 | -106.42 | 75.86 | 10.92 | 43.12 | 385.33 | -1.99 | 41.81 | 86.82 | -1.13 | -103.36 | 91.12 | -1.88 | -107.02 | 82.66 | -0.82 | -106.25 | 76.64 | -0.36 | -105.63 | 79.43 | 0.22 | -8.33 | 29.41 | 1.12 | -96.87 | 113.1 | 105.14 | 2.62 | 5.09 | 180.00 | 1843.75 | 52.61 | -80.00 | -172.51 | -345.71 | 12.71 | 2.25 | -27.41 |
| 21Q4 (9) | 1.09 | 2280.0 | 394.59 | 7.63 | -39.78 | 94.64 | -3.42 | -178.05 | 62.75 | 33.63 | 2548.03 | 339.87 | 26.78 | 2144.27 | 322.24 | 13.11 | 3645.71 | 407.03 | 6.39 | 2804.55 | 384.0 | 0.24 | 14.29 | 26.32 | 35.79 | 991.16 | 400.25 | 102.46 | -8.81 | 13.58 | -10.32 | 89.68 | -115.48 | 110.32 | -44.84 | 211.5 | 12.43 | -12.22 | -14.69 |
| 21Q3 (8) | -0.05 | 68.75 | 78.26 | 12.67 | 75.0 | 17.31 | -1.23 | 77.26 | 84.43 | 1.27 | 127.67 | 113.64 | -1.31 | 70.23 | 83.58 | 0.35 | 117.33 | 113.36 | 0.22 | 123.4 | 115.38 | 0.21 | -4.55 | 10.53 | 3.28 | 235.54 | 159.21 | 112.36 | 3.46 | 38.29 | -100.00 | -186.36 | -215.38 | 200.00 | 1366.67 | 1100.0 | 14.16 | 13.28 | -27.16 |
| 21Q2 (7) | -0.16 | 44.83 | -1500.0 | 7.24 | 221.78 | -47.19 | -5.41 | 64.17 | -1076.09 | -4.59 | 63.92 | -1097.83 | -4.40 | 59.41 | -923.26 | -2.02 | 42.45 | -1162.5 | -0.94 | 46.29 | -1780.0 | 0.22 | 29.41 | -4.35 | -2.42 | 71.7 | -162.37 | 108.60 | 8.55 | 50.08 | 115.79 | -1.83 | 215.79 | -15.79 | 12.03 | -107.89 | 12.50 | -28.61 | -20.13 |
| 21Q1 (6) | -0.29 | 21.62 | -52.63 | 2.25 | -42.6 | -57.14 | -15.10 | -64.49 | -9.74 | -12.72 | 9.27 | -39.17 | -10.84 | 10.04 | -35.84 | -3.51 | 17.8 | -71.22 | -1.75 | 22.22 | -48.31 | 0.17 | -10.53 | 13.33 | -8.55 | 28.27 | -182.18 | 100.05 | 10.91 | 54.33 | 117.95 | 76.92 | -21.37 | -17.95 | -150.68 | 64.1 | 17.51 | 20.18 | 5.23 |
| 20Q4 (5) | -0.37 | -60.87 | -2.78 | 3.92 | -63.7 | -14.6 | -9.18 | -16.2 | 25.55 | -14.02 | -50.59 | -11.27 | -12.05 | -51.0 | 0.9 | -4.27 | -62.98 | -13.87 | -2.25 | -57.34 | -2.27 | 0.19 | 0.0 | 5.56 | -11.92 | -115.16 | -41.4 | 90.21 | 11.03 | 30.89 | 66.67 | -23.08 | -31.71 | 35.42 | 112.5 | 1387.5 | 14.57 | -25.05 | -18.24 |
| 20Q3 (4) | -0.23 | -2200.0 | 0.0 | 10.80 | -21.23 | 0.0 | -7.90 | -1617.39 | 0.0 | -9.31 | -2123.91 | 0.0 | -7.98 | -1755.81 | 0.0 | -2.62 | -1537.5 | 0.0 | -1.43 | -2760.0 | 0.0 | 0.19 | -17.39 | 0.0 | -5.54 | -242.78 | 0.0 | 81.25 | 12.29 | 0.0 | 86.67 | 186.67 | 0.0 | 16.67 | -91.67 | 0.0 | 19.44 | 24.22 | 0.0 |
| 20Q2 (3) | -0.01 | 94.74 | 0.0 | 13.71 | 161.14 | 0.0 | -0.46 | 96.66 | 0.0 | 0.46 | 105.03 | 0.0 | -0.43 | 94.61 | 0.0 | -0.16 | 92.2 | 0.0 | -0.05 | 95.76 | 0.0 | 0.23 | 53.33 | 0.0 | 3.88 | 228.05 | 0.0 | 72.36 | 11.61 | 0.0 | -100.00 | -166.67 | 0.0 | 200.00 | 500.0 | 0.0 | 15.65 | -5.95 | 0.0 |
| 20Q1 (2) | -0.19 | 47.22 | 0.0 | 5.25 | 14.38 | 0.0 | -13.76 | -11.6 | 0.0 | -9.14 | 27.46 | 0.0 | -7.98 | 34.38 | 0.0 | -2.05 | 45.33 | 0.0 | -1.18 | 46.36 | 0.0 | 0.15 | -16.67 | 0.0 | -3.03 | 64.06 | 0.0 | 64.83 | -5.93 | 0.0 | 150.00 | 53.66 | 0.0 | -50.00 | -2200.0 | 0.0 | 16.64 | -6.62 | 0.0 |
| 19Q4 (1) | -0.36 | 0.0 | 0.0 | 4.59 | 0.0 | 0.0 | -12.33 | 0.0 | 0.0 | -12.60 | 0.0 | 0.0 | -12.16 | 0.0 | 0.0 | -3.75 | 0.0 | 0.0 | -2.20 | 0.0 | 0.0 | 0.18 | 0.0 | 0.0 | -8.43 | 0.0 | 0.0 | 68.92 | 0.0 | 0.0 | 97.62 | 0.0 | 0.0 | 2.38 | 0.0 | 0.0 | 17.82 | 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) | -1.17 | 0 | 12.47 | -2.12 | -13.58 | 0 | 3.13 | 33.78 | -15.29 | 0 | -11.42 | 0 | -13.84 | 0 | -7.63 | 0 | 0.69 | -13.75 | -11.73 | 0 | 89.25 | 38.39 | 88.64 | 0 | 11.36 | -93.12 | 6.44 | 0 | 22.55 | 48.16 |
| 2022 (9) | -0.12 | 0 | 12.74 | 64.39 | -1.87 | 0 | 2.34 | 5.21 | 2.90 | -55.32 | -0.90 | 0 | -1.33 | 0 | -0.53 | 0 | 0.80 | -1.23 | 5.54 | -38.58 | 64.49 | -37.06 | -65.12 | 0 | 165.12 | -11.82 | 0.00 | 0 | 15.22 | 9.81 |
| 2021 (8) | 0.59 | 0 | 7.75 | -11.43 | -5.65 | 0 | 2.22 | -34.77 | 6.49 | 0 | 4.25 | 0 | 7.64 | 0 | 4.08 | 0 | 0.81 | 10.96 | 9.02 | 0 | 102.46 | 13.58 | -87.25 | 0 | 187.25 | 3682.55 | 0.00 | 0 | 13.86 | -16.0 |
| 2020 (7) | -0.80 | 0 | 8.75 | -6.62 | -7.22 | 0 | 3.41 | -9.83 | -7.64 | 0 | -6.82 | 0 | -8.98 | 0 | -4.82 | 0 | 0.73 | 0.0 | -3.86 | 0 | 90.21 | 30.89 | 94.06 | -22.22 | 4.95 | 0 | 0.00 | 0 | 16.50 | -8.69 |
| 2019 (6) | -0.78 | 0 | 9.37 | -16.41 | -7.74 | 0 | 3.78 | 17.5 | -6.34 | 0 | -6.52 | 0 | -8.00 | 0 | -4.58 | 0 | 0.73 | -8.75 | -2.30 | 0 | 68.92 | 0.09 | 120.93 | -50.87 | -22.09 | 0 | 0.00 | 0 | 18.07 | 6.67 |
| 2018 (5) | -0.30 | 0 | 11.21 | -24.66 | -4.29 | 0 | 3.22 | -32.3 | -1.77 | 0 | -2.23 | 0 | -2.84 | 0 | -1.72 | 0 | 0.80 | 37.93 | 1.61 | 0 | 68.86 | 37.34 | 246.15 | 178.97 | -146.15 | 0 | 0.00 | 0 | 16.94 | -17.53 |
| 2017 (4) | -0.91 | 0 | 14.88 | 16.25 | -8.19 | 0 | 4.75 | 23.4 | -9.27 | 0 | -9.32 | 0 | -8.18 | 0 | -5.35 | 0 | 0.58 | -30.95 | -4.47 | 0 | 50.14 | -4.69 | 88.24 | 0 | 11.76 | -92.33 | 0.00 | 0 | 20.54 | 44.55 |
| 2016 (3) | 0.03 | 0 | 12.80 | 208.43 | -0.50 | 0 | 3.85 | 18.73 | 0.85 | 0 | 0.17 | 0 | 0.22 | 0 | 0.36 | 0 | 0.84 | -11.58 | 5.05 | 0 | 52.61 | -8.39 | -60.00 | 0 | 153.33 | 0 | 0.00 | 0 | 14.21 | 7.33 |
| 2015 (2) | -0.94 | 0 | 4.15 | -48.95 | -6.72 | 0 | 3.24 | 4.62 | -5.37 | 0 | -5.07 | 0 | -7.37 | 0 | -4.64 | 0 | 0.95 | -5.94 | -1.91 | 0 | 57.43 | 15.04 | 124.78 | 9.7 | -24.78 | 0 | 0.00 | 0 | 13.24 | -0.45 |
| 2014 (1) | -0.62 | 0 | 8.13 | 0 | -3.94 | 0 | 3.10 | 2.97 | -3.44 | 0 | -3.02 | 0 | -4.63 | 0 | -2.91 | 0 | 1.01 | -3.81 | -0.17 | 0 | 49.92 | -6.18 | 113.75 | -10.82 | -15.00 | 0 | 0.00 | 0 | 13.30 | -43.64 |
