- 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) | -0.51 | -218.75 | -88.89 | 18.69 | -4.64 | 42.67 | -13.65 | -53.03 | 12.22 | -17.23 | -222.66 | -79.11 | -17.23 | -267.38 | -88.31 | -4.88 | -234.25 | -110.34 | -3.05 | -254.65 | -114.79 | 0.18 | -10.0 | 5.88 | -11.30 | 0 | -195.04 | 57.70 | 4.53 | 10.41 | 78.69 | -54.1 | -51.68 | 21.31 | 131.97 | 133.9 | 34.82 | 16.92 | 18.07 |
| 24Q2 (19) | -0.16 | 42.86 | -172.73 | 19.60 | 23.5 | 19.95 | -8.92 | 42.86 | 45.44 | -5.34 | 49.67 | -168.73 | -4.69 | 55.8 | -165.96 | -1.46 | 44.91 | -187.43 | -0.86 | 46.58 | -174.14 | 0.20 | 25.0 | 33.33 | 0.00 | 100.0 | -100.0 | 55.20 | 0.15 | 2.0 | 171.43 | 17.65 | 182.65 | -66.67 | -45.83 | -121.69 | 29.78 | -14.35 | -0.96 |
| 24Q1 (18) | -0.28 | 59.42 | -7.69 | 15.87 | -7.46 | -5.37 | -15.61 | 7.3 | -106.75 | -10.61 | 58.59 | -20.57 | -10.61 | 59.89 | -20.57 | -2.65 | 56.27 | -19.37 | -1.61 | 57.18 | -26.77 | 0.16 | 6.67 | 6.67 | -3.96 | 77.98 | -48.31 | 55.12 | 1.75 | -8.76 | 145.71 | 122.7 | 71.73 | -45.71 | -232.24 | -401.71 | 34.77 | -2.41 | 27.32 |
| 23Q4 (17) | -0.69 | -155.56 | -165.38 | 17.15 | 30.92 | -26.43 | -16.84 | -8.3 | -379.73 | -25.62 | -166.32 | -340.96 | -26.45 | -189.07 | -355.25 | -6.06 | -161.21 | -183.18 | -3.76 | -164.79 | -208.2 | 0.15 | -11.76 | -31.82 | -17.98 | -369.45 | -740.19 | 54.17 | 3.65 | -20.12 | 65.43 | -59.82 | 163.51 | 34.57 | 154.99 | -82.72 | 35.63 | 20.82 | 71.46 |
| 23Q3 (16) | -0.27 | -222.73 | -145.0 | 13.10 | -19.83 | -37.38 | -15.55 | 4.89 | -501.81 | -9.62 | -223.81 | -178.15 | -9.15 | -228.69 | -174.33 | -2.32 | -238.92 | -148.54 | -1.42 | -222.41 | -149.13 | 0.17 | 13.33 | -26.09 | -3.83 | -126.9 | -124.06 | 52.26 | -3.44 | -25.52 | 162.86 | 178.52 | 409.81 | -62.86 | -120.45 | -192.36 | 29.49 | -1.93 | 28.66 |
| 23Q2 (15) | 0.22 | 184.62 | 37.5 | 16.34 | -2.56 | -3.48 | -16.35 | -116.56 | -528.85 | 7.77 | 188.3 | 233.48 | 7.11 | 180.8 | 89.6 | 1.67 | 175.23 | 32.54 | 1.16 | 191.34 | 46.84 | 0.15 | 0.0 | -21.05 | 14.24 | 633.33 | 115.43 | 54.12 | -10.41 | -22.39 | -207.41 | -344.44 | -75.5 | 307.41 | 1928.89 | 40.9 | 30.07 | 10.11 | 20.86 |
| 23Q1 (14) | -0.26 | 0.0 | -18.18 | 16.77 | -28.06 | 30.71 | -7.55 | -225.42 | 26.98 | -8.80 | -51.46 | -21.21 | -8.80 | -51.46 | -13.55 | -2.22 | -3.74 | -15.63 | -1.27 | -4.1 | -22.12 | 0.15 | -31.82 | 7.14 | -2.67 | -24.77 | -34.17 | 60.41 | -10.91 | -25.64 | 84.85 | 182.35 | -38.72 | 15.15 | -92.42 | 135.81 | 27.31 | 31.42 | -1.16 |
| 22Q4 (13) | -0.26 | -143.33 | -23.81 | 23.31 | 11.42 | 27.73 | 6.02 | 55.56 | 209.26 | -5.81 | -147.2 | 13.28 | -5.81 | -147.2 | 13.28 | -2.14 | -144.77 | -20.9 | -1.22 | -142.21 | -19.61 | 0.22 | -4.35 | 37.5 | -2.14 | -113.44 | 10.08 | 67.81 | -3.36 | -4.43 | -103.03 | -422.53 | -222.66 | 200.00 | 193.88 | 900.0 | 20.78 | -9.34 | -21.76 |
| 22Q3 (12) | 0.60 | 275.0 | 1100.0 | 20.92 | 23.57 | 36.55 | 3.87 | 248.85 | 185.24 | 12.31 | 428.33 | 846.06 | 12.31 | 228.27 | 846.06 | 4.78 | 279.37 | 1117.02 | 2.89 | 265.82 | 1170.37 | 0.23 | 21.05 | 27.78 | 15.92 | 140.85 | 1226.67 | 70.17 | 0.63 | 11.24 | 31.94 | 127.03 | -88.23 | 68.06 | -68.81 | 139.7 | 22.92 | -7.88 | 2.09 |
| 22Q2 (11) | 0.16 | 172.73 | 1700.0 | 16.93 | 31.96 | -1.28 | -2.60 | 74.85 | -333.33 | 2.33 | 132.09 | 1113.04 | 3.75 | 148.39 | 1730.43 | 1.26 | 165.62 | 1900.0 | 0.79 | 175.96 | 2733.33 | 0.19 | 35.71 | -5.0 | 6.61 | 432.16 | 176.57 | 69.73 | -14.17 | 20.54 | -118.18 | -185.35 | -139.39 | 218.18 | 615.7 | 209.09 | 24.88 | -9.95 | 29.85 |
| 22Q1 (10) | -0.22 | -4.76 | -266.67 | 12.83 | -29.7 | -35.2 | -10.34 | -87.66 | -179.46 | -7.26 | -8.36 | -236.11 | -7.75 | -15.67 | -258.8 | -1.92 | -8.47 | -308.51 | -1.04 | -1.96 | -271.43 | 0.14 | -12.5 | 0.0 | -1.99 | 16.39 | -230.07 | 81.24 | 14.5 | 54.8 | 138.46 | 64.84 | -19.23 | -42.31 | -311.54 | 40.77 | 27.63 | 4.03 | 10.43 |
| 21Q4 (9) | -0.21 | -250.0 | -625.0 | 18.25 | 19.13 | -19.03 | -5.51 | -21.37 | -1477.5 | -6.70 | -306.06 | -644.72 | -6.70 | -306.06 | -644.72 | -1.77 | -276.6 | -636.36 | -1.02 | -277.78 | -543.48 | 0.16 | -11.11 | 0.0 | -2.38 | -298.33 | -150.21 | 70.95 | 12.48 | 30.23 | 84.00 | -69.05 | 110.0 | 20.00 | 111.67 | -66.67 | 26.56 | 18.31 | 17.89 |
| 21Q3 (8) | -0.06 | -500.0 | -106.25 | 15.32 | -10.67 | -39.99 | -4.54 | -656.67 | -245.05 | -1.65 | -617.39 | -159.78 | -1.65 | -617.39 | -104.11 | -0.47 | -571.43 | -187.04 | -0.27 | -800.0 | -181.82 | 0.18 | -10.0 | 63.64 | 1.20 | -49.79 | -84.4 | 63.08 | 9.04 | -17.66 | 271.43 | -9.52 | 141.27 | -171.43 | 14.29 | -1271.43 | 22.45 | 17.17 | 19.1 |
| 21Q2 (7) | -0.01 | 83.33 | -109.09 | 17.15 | -13.38 | -18.87 | -0.60 | 83.78 | -385.71 | -0.23 | 89.35 | -108.49 | -0.23 | 89.35 | -108.49 | -0.07 | 85.11 | -107.87 | -0.03 | 89.29 | -105.08 | 0.20 | 42.86 | 0.0 | 2.39 | 56.21 | -63.29 | 57.85 | 10.23 | -24.17 | 300.00 | 75.0 | 3500.0 | -200.00 | -180.0 | -300.0 | 19.16 | -23.42 | 0 |
| 21Q1 (6) | -0.06 | -250.0 | 87.76 | 19.80 | -12.16 | 83.5 | -3.70 | -1025.0 | 82.38 | -2.16 | -275.61 | 89.88 | -2.16 | -275.61 | 89.88 | -0.47 | -242.42 | 88.7 | -0.28 | -221.74 | 88.93 | 0.14 | -12.5 | 16.67 | 1.53 | -67.72 | 110.41 | 52.48 | -3.67 | -14.3 | 171.43 | 328.57 | 74.33 | -71.43 | -219.05 | -4385.71 | 25.02 | 11.05 | 0 |
| 20Q4 (5) | 0.04 | -95.83 | 111.11 | 22.54 | -11.71 | 22.1 | 0.40 | -87.22 | 113.29 | 1.23 | -55.43 | 129.57 | 1.23 | -96.94 | 111.83 | 0.33 | -38.89 | 111.26 | 0.23 | -30.3 | 112.5 | 0.16 | 45.45 | -11.11 | 4.74 | -38.36 | 887.5 | 54.48 | -28.89 | -5.58 | 40.00 | -64.44 | -47.69 | 60.00 | 580.0 | 104.0 | 22.53 | 19.52 | 0 |
| 20Q3 (4) | 0.96 | 772.73 | 0.0 | 25.53 | 20.77 | 0.0 | 3.13 | 1390.48 | 0.0 | 2.76 | 1.85 | 0.0 | 40.17 | 1382.29 | 0.0 | 0.54 | -39.33 | 0.0 | 0.33 | -44.07 | 0.0 | 0.11 | -45.0 | 0.0 | 7.69 | 18.13 | 0.0 | 76.61 | 0.42 | 0.0 | 112.50 | 1250.0 | 0.0 | -12.50 | -112.5 | 0.0 | 18.85 | 0 | 0.0 |
| 20Q2 (3) | 0.11 | 122.45 | 0.0 | 21.14 | 95.92 | 0.0 | 0.21 | 101.0 | 0.0 | 2.71 | 112.69 | 0.0 | 2.71 | 112.69 | 0.0 | 0.89 | 121.39 | 0.0 | 0.59 | 123.32 | 0.0 | 0.20 | 66.67 | 0.0 | 6.51 | 144.29 | 0.0 | 76.29 | 24.58 | 0.0 | 8.33 | -91.53 | 0.0 | 100.00 | 5900.0 | 0.0 | 0.00 | 0 | 0.0 |
| 20Q1 (2) | -0.49 | -36.11 | 0.0 | 10.79 | -41.55 | 0.0 | -21.00 | -597.67 | 0.0 | -21.35 | -413.22 | 0.0 | -21.35 | -105.29 | 0.0 | -4.16 | -41.98 | 0.0 | -2.53 | -37.5 | 0.0 | 0.12 | -33.33 | 0.0 | -14.70 | -3162.5 | 0.0 | 61.24 | 6.14 | 0.0 | 98.33 | 28.59 | 0.0 | 1.67 | -94.33 | 0.0 | 0.00 | 0 | 0.0 |
| 19Q4 (1) | -0.36 | 0.0 | 0.0 | 18.46 | 0.0 | 0.0 | -3.01 | 0.0 | 0.0 | -4.16 | 0.0 | 0.0 | -10.40 | 0.0 | 0.0 | -2.93 | 0.0 | 0.0 | -1.84 | 0.0 | 0.0 | 0.18 | 0.0 | 0.0 | 0.48 | 0.0 | 0.0 | 57.70 | 0.0 | 0.0 | 76.47 | 0.0 | 0.0 | 29.41 | 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) | -1.00 | 0 | 15.79 | -17.72 | -13.90 | 0 | 5.07 | 47.64 | -8.75 | 0 | -8.97 | 0 | -8.88 | 0 | -5.04 | 0 | 0.61 | -23.75 | -2.28 | 0 | 54.17 | -20.12 | 158.54 | 395.43 | -58.54 | 0 | 0.34 | -68.13 | 30.44 | 28.82 |
| 2022 (9) | 0.28 | 0 | 19.19 | 9.78 | 0.38 | 0 | 3.43 | 15.47 | 1.26 | 0 | 1.52 | 0 | 2.07 | 0 | 1.47 | 0 | 0.80 | 21.21 | 5.35 | 603.95 | 67.81 | -4.43 | 32.00 | -76.3 | 68.00 | 0 | 1.07 | 419.86 | 23.63 | 2.69 |
| 2021 (8) | -0.33 | 0 | 17.48 | -14.27 | -3.45 | 0 | 2.97 | -25.58 | -2.55 | 0 | -2.55 | 0 | -2.74 | 0 | -1.59 | 0 | 0.66 | 8.2 | 0.76 | -64.98 | 70.95 | 30.23 | 135.00 | -2.34 | -35.00 | 0 | 0.21 | -19.17 | 23.01 | 0.52 |
| 2020 (7) | 0.61 | 0 | 20.39 | 23.05 | -3.30 | 0 | 3.99 | -16.06 | -2.40 | 0 | 5.08 | 0 | -2.30 | 0 | -1.27 | 0 | 0.61 | -14.08 | 2.17 | -4.82 | 54.48 | -6.04 | 138.24 | -37.17 | -38.24 | 0 | 0.25 | 96.26 | 22.89 | -5.41 |
| 2019 (6) | -0.58 | 0 | 16.57 | -23.36 | -7.00 | 0 | 4.76 | 28.7 | -3.18 | 0 | -4.74 | 0 | -4.94 | 0 | -3.08 | 0 | 0.71 | -17.44 | 2.28 | -70.04 | 57.98 | 56.7 | 220.00 | 512.17 | -120.00 | 0 | 0.13 | -53.92 | 24.20 | 1.3 |
| 2018 (5) | 0.59 | 0 | 21.62 | -1.05 | 1.24 | 0 | 3.70 | -10.43 | 3.42 | 0 | 3.55 | 0 | 4.30 | 0 | 3.22 | 0 | 0.86 | 6.17 | 7.61 | 611.21 | 37.00 | -19.27 | 35.94 | -68.83 | 64.06 | 0 | 0.28 | 24.68 | 23.89 | 6.79 |
| 2017 (4) | -0.67 | 0 | 21.85 | -3.49 | -4.23 | 0 | 4.13 | -13.17 | -3.67 | 0 | -4.19 | 0 | -5.15 | 0 | -3.22 | 0 | 0.81 | 8.0 | 1.07 | -90.37 | 45.83 | -20.16 | 115.28 | 1191.11 | -15.28 | 0 | 0.23 | 0 | 22.37 | -4.2 |
| 2016 (3) | 0.83 | 0 | 22.64 | 13.65 | 0.49 | 0 | 4.75 | -1.54 | 5.60 | 0 | 4.91 | 0 | 5.81 | 0 | 3.93 | 0 | 0.75 | 5.63 | 11.11 | 301.08 | 57.40 | 0.77 | 8.93 | -92.33 | 91.07 | 0 | 0.00 | 0 | 23.35 | -2.42 |
| 2015 (2) | -0.50 | 0 | 19.92 | 8.08 | -3.58 | 0 | 4.83 | -3.7 | -3.07 | 0 | -2.94 | 0 | -3.38 | 0 | -1.77 | 0 | 0.71 | 4.41 | 2.77 | -20.17 | 56.96 | -12.6 | 116.39 | 7.16 | -16.39 | 0 | 0.00 | 0 | 23.93 | 7.94 |
| 2014 (1) | -0.29 | 0 | 18.43 | 0 | -3.02 | 0 | 5.01 | 27.11 | -2.80 | 0 | -1.73 | 0 | -3.37 | 0 | -1.53 | 0 | 0.68 | -24.44 | 3.47 | 236.89 | 65.17 | -22.95 | 108.62 | 7.73 | -8.62 | 0 | 0.00 | 0 | 22.17 | 5.17 |
