- 理想的成長型公司, 本業EPS的成長幅度會大於營收的成長幅度
- 營收到某個數字後, 本業EPS呈現不成比例的增加, 有可能是規模經濟的效應
- 如果是有淡旺季的公司, 是否有淡季不淡, 旺季更旺的情況
- 漲很多的股票要留意 EPS 較上季是否有大幅衰退的情況
- 如果EPS衰退，要觀察同業是不是有一樣的狀況
- 要留意增資減資和公司債對股本及EPS的影響
| 加權平均股數 QoQ YoY | EPS QoQ YoY | 本業EPS QoQ YoY | 累計EPS QoQ YoY | 營收 QoQ YoY | 毛利率(%) QoQ YoY | 營業利益率 QoQ YoY | 稅後淨利率 QoQ YoY | 營業利益 QoQ YoY | 稅後淨利 QoQ YoY | 稅前淨利率(%) QoQ YoY | 稅後淨利率(%) QoQ YoY | 兩季平均(YOY)營收成長率(%) | 兩季平均(YOY)EPS成長率(%) | 兩季平均(YOY)本業EPS成長率(%) | |||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24Q3 (20) | 47 | 0.0 | 0.0 | 0.33 | -28.26 | 135.71 | 0.34 | 21.43 | 230.77 | 1.28 | 34.74 | 3300.0 | 2.6 | 1.96 | 17.65 | 38.07 | -1.17 | 27.54 | 6.99 | 36.79 | 230.65 | 5.98 | -29.48 | 102.03 | 0.18 | 38.46 | 250.0 | 0.16 | -27.27 | 128.57 | 6.86 | -21.78 | 111.08 | 5.98 | -29.48 | 102.03 | 8.67 | -17.19 | 194.05 |
| 24Q2 (19) | 47 | 0.0 | 0.0 | 0.46 | -6.12 | 12.2 | 0.28 | 366.67 | 600.0 | 0.95 | 93.88 | 627.78 | 2.55 | 15.38 | 1.19 | 38.52 | -8.44 | 15.81 | 5.11 | 23.73 | 57.72 | 8.48 | -19.62 | 11.43 | 0.13 | 44.44 | 62.5 | 0.22 | -4.35 | 15.79 | 8.77 | -33.46 | -11.95 | 8.48 | -19.62 | 11.43 | 10.82 | 559.44 | 143.34 |
| 24Q1 (18) | 47 | 0.0 | 0.0 | 0.49 | 1125.0 | 183.05 | 0.06 | -80.0 | 110.53 | 0.49 | 0 | 183.05 | 2.21 | 6.25 | 11.06 | 42.07 | 6.0 | 108.16 | 4.13 | -31.62 | 124.19 | 10.55 | 1034.41 | 175.79 | 0.09 | -30.77 | 126.47 | 0.23 | 1050.0 | 182.14 | 13.18 | 5172.0 | 175.75 | 10.55 | 1034.41 | 175.79 | 0.19 | 526.78 | 67.69 |
| 23Q4 (17) | 47 | 0.0 | 0.0 | 0.04 | -71.43 | 106.45 | 0.30 | 215.38 | 178.95 | 0.00 | 100.0 | -100.0 | 2.08 | -5.88 | 23.81 | 39.69 | 32.96 | 85.73 | 6.04 | 212.9 | 135.93 | 0.93 | -68.58 | 105.39 | 0.13 | 208.33 | 146.43 | 0.02 | -71.43 | 106.9 | 0.25 | -92.31 | 101.06 | 0.93 | -68.58 | 105.39 | -9.09 | -68.64 | -267.31 |
| 23Q3 (16) | 47 | 0.0 | 0.0 | 0.14 | -65.85 | -65.0 | -0.26 | -750.0 | 23.53 | -0.04 | 77.78 | -101.37 | 2.21 | -12.3 | 9.41 | 29.85 | -10.25 | -7.27 | -5.35 | -265.12 | 19.67 | 2.96 | -61.1 | -68.48 | -0.12 | -250.0 | 7.69 | 0.07 | -63.16 | -63.16 | 3.25 | -67.37 | -69.68 | 2.96 | -61.1 | -68.48 | 7.16 | 51.82 | -321.49 |
| 23Q2 (15) | 47 | 0.0 | 0.0 | 0.41 | 169.49 | -67.46 | 0.04 | 107.02 | -92.45 | -0.18 | 69.49 | -107.2 | 2.52 | 26.63 | -18.71 | 33.26 | 64.57 | -15.2 | 3.24 | 118.98 | -72.33 | 7.61 | 154.67 | -60.36 | 0.08 | 123.53 | -77.78 | 0.19 | 167.86 | -68.33 | 9.96 | 157.24 | -56.56 | 7.61 | 154.67 | -60.36 | 22.54 | 87.17 | 28.51 |
| 23Q1 (14) | 47 | 0.0 | 0.0 | -0.59 | 4.84 | -147.58 | -0.57 | -50.0 | -181.43 | -0.59 | -125.76 | -147.58 | 1.99 | 18.45 | -43.94 | 20.21 | -5.43 | -45.58 | -17.07 | -1.55 | -225.88 | -13.92 | 19.26 | -184.47 | -0.34 | -21.43 | -170.83 | -0.28 | 3.45 | -148.28 | -17.40 | 26.08 | -184.47 | -13.92 | 19.26 | -184.47 | 0.81 | -125.08 | -30.88 |
| 22Q4 (13) | 47 | 0.0 | 0.0 | -0.62 | -255.0 | -162.0 | -0.38 | -11.76 | -135.85 | 2.29 | -21.31 | -55.45 | 1.68 | -16.83 | -51.02 | 21.37 | -33.61 | -46.79 | -16.81 | -152.4 | -204.09 | -17.24 | -283.6 | -224.75 | -0.28 | -115.38 | -150.91 | -0.29 | -252.63 | -161.7 | -23.54 | -319.59 | -253.46 | -17.24 | -283.6 | -224.75 | -25.84 | -161.62 | -87.95 |
| 22Q3 (12) | 47 | 0.0 | 0.0 | 0.40 | -68.25 | -76.88 | -0.34 | -164.15 | -119.54 | 2.91 | 16.4 | -29.71 | 2.02 | -34.84 | -53.35 | 32.19 | -17.92 | -30.88 | -6.66 | -156.87 | -128.05 | 9.39 | -51.09 | -50.16 | -0.13 | -136.11 | -112.62 | 0.19 | -68.33 | -76.83 | 10.72 | -53.25 | -54.69 | 9.39 | -51.09 | -50.16 | -23.76 | -33.32 | -94.22 |
| 22Q2 (11) | 47 | 0.0 | 0.0 | 1.26 | 1.61 | 4.13 | 0.53 | -24.29 | -63.95 | 2.50 | 101.61 | 3.73 | 3.1 | -12.68 | -26.71 | 39.22 | 5.6 | -6.51 | 11.71 | -13.64 | -40.5 | 19.20 | 16.5 | 42.01 | 0.36 | -25.0 | -56.63 | 0.6 | 3.45 | 5.26 | 22.93 | 11.31 | 35.92 | 19.20 | 16.5 | 42.01 | -4.59 | 12.80 | -29.12 |
| 22Q1 (10) | 47 | 0.0 | 0.0 | 1.24 | 24.0 | 4.2 | 0.70 | -33.96 | -40.17 | 1.24 | -75.88 | 4.2 | 3.55 | 3.5 | -5.84 | 37.14 | -7.52 | -6.0 | 13.56 | -16.04 | -25.74 | 16.48 | 19.25 | 10.46 | 0.48 | -12.73 | -30.43 | 0.58 | 23.4 | 3.57 | 20.60 | 34.29 | 10.46 | 16.48 | 19.25 | 10.46 | -8.64 | -9.10 | -36.52 |
| 21Q4 (9) | 47 | 0.0 | -18.97 | 1.00 | -42.2 | 40.85 | 1.06 | -39.08 | 16.48 | 5.14 | 24.15 | 173.4 | 3.43 | -20.79 | -6.03 | 40.16 | -13.76 | 4.28 | 16.15 | -31.97 | 6.18 | 13.82 | -26.65 | 21.98 | 0.55 | -46.6 | 0.0 | 0.47 | -42.68 | 14.63 | 15.34 | -35.16 | 5.28 | 13.82 | -26.65 | 21.98 | -9.21 | 0.39 | -10.35 |
| 21Q3 (8) | 47 | 0.0 | -7.84 | 1.73 | 42.98 | 133.78 | 1.74 | 18.37 | 77.55 | 4.14 | 71.78 | 276.36 | 4.33 | 2.36 | 23.36 | 46.57 | 11.01 | 27.94 | 23.74 | 20.63 | 79.17 | 18.84 | 39.35 | 75.58 | 1.03 | 24.1 | 123.91 | 0.82 | 43.86 | 115.79 | 23.66 | 40.25 | 115.88 | 18.84 | 39.35 | 75.58 | 7.28 | 22.33 | 22.01 |
| 21Q2 (7) | 47 | 0.0 | -30.88 | 1.21 | 1.68 | 656.25 | 1.47 | 25.64 | 267.5 | 2.41 | 102.52 | 435.56 | 4.23 | 12.2 | 47.9 | 41.95 | 6.18 | 33.77 | 19.68 | 7.78 | 248.94 | 13.52 | -9.38 | 253.0 | 0.83 | 20.29 | 418.75 | 0.57 | 1.79 | 418.18 | 16.87 | -9.54 | 475.77 | 13.52 | -9.38 | 253.0 | 7.74 | 34.65 | 27.11 |
| 21Q1 (6) | 47 | -18.97 | -29.85 | 1.19 | 67.61 | 310.34 | 1.17 | 28.57 | 317.86 | 1.19 | -36.7 | 310.34 | 3.77 | 3.29 | 35.61 | 39.51 | 2.6 | 20.13 | 18.26 | 20.05 | 268.15 | 14.92 | 31.69 | 114.06 | 0.69 | 25.45 | 392.86 | 0.56 | 36.59 | 194.74 | 18.65 | 28.0 | 162.31 | 14.92 | 31.69 | 114.06 | 3.64 | 31.78 | 10.71 |
| 20Q4 (5) | 58 | 13.73 | -13.43 | 0.71 | -4.05 | 1675.0 | 0.91 | -7.14 | 378.95 | 1.88 | 70.91 | 2450.0 | 3.65 | 3.99 | 25.86 | 38.51 | 5.8 | 27.05 | 15.21 | 14.79 | 376.8 | 11.33 | 5.59 | 1021.78 | 0.55 | 19.57 | 511.11 | 0.41 | 7.89 | 1266.67 | 14.57 | 32.94 | 1212.61 | 11.33 | 5.59 | 1021.78 | - | - | 0.00 |
| 20Q3 (4) | 51 | -25.0 | 0.0 | 0.74 | 362.5 | 0.0 | 0.98 | 145.0 | 0.0 | 1.10 | 144.44 | 0.0 | 3.51 | 22.73 | 0.0 | 36.40 | 16.07 | 0.0 | 13.25 | 134.93 | 0.0 | 10.73 | 180.16 | 0.0 | 0.46 | 187.5 | 0.0 | 0.38 | 245.45 | 0.0 | 10.96 | 274.06 | 0.0 | 10.73 | 180.16 | 0.0 | - | - | 0.00 |
| 20Q2 (3) | 68 | 1.49 | 0.0 | 0.16 | -44.83 | 0.0 | 0.40 | 42.86 | 0.0 | 0.45 | 55.17 | 0.0 | 2.86 | 2.88 | 0.0 | 31.36 | -4.65 | 0.0 | 5.64 | 13.71 | 0.0 | 3.83 | -45.05 | 0.0 | 0.16 | 14.29 | 0.0 | 0.11 | -42.11 | 0.0 | 2.93 | -58.79 | 0.0 | 3.83 | -45.05 | 0.0 | - | - | 0.00 |
| 20Q1 (2) | 67 | 0.0 | 0.0 | 0.29 | 625.0 | 0.0 | 0.28 | 47.37 | 0.0 | 0.29 | 462.5 | 0.0 | 2.78 | -4.14 | 0.0 | 32.89 | 8.51 | 0.0 | 4.96 | 55.49 | 0.0 | 6.97 | 590.1 | 0.0 | 0.14 | 55.56 | 0.0 | 0.19 | 533.33 | 0.0 | 7.11 | 540.54 | 0.0 | 6.97 | 590.1 | 0.0 | - | - | 0.00 |
| 19Q4 (1) | 67 | 0.0 | 0.0 | 0.04 | 0.0 | 0.0 | 0.19 | 0.0 | 0.0 | -0.08 | 0.0 | 0.0 | 2.9 | 0.0 | 0.0 | 30.31 | 0.0 | 0.0 | 3.19 | 0.0 | 0.0 | 1.01 | 0.0 | 0.0 | 0.09 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | 1.11 | 0.0 | 0.0 | 1.01 | 0.0 | 0.0 | - | - | 0.00 |
| 年/月 | 營收 | 月增率(%) | 去年同期年增率(%) | 累計營收 | 累計營收年增率(%) | 近三月累計營收 | 存貨銷售比 | 自結稅前EPS | 自結稅前累計EPS | 備註(年增率變動50%需說明原因) |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024/11 | 0.75 | -5.84 | -1.27 | 8.9 | 9.63 | 2.28 | N/A | - | ||
| 2024/10 | 0.8 | 9.36 | 23.89 | 8.15 | 10.75 | 2.46 | N/A | - | ||
| 2024/9 | 0.73 | -21.61 | 11.57 | 7.36 | 9.5 | 2.6 | 0.5 | - | ||
| 2024/8 | 0.93 | -1.25 | 18.26 | 6.63 | 9.27 | 2.77 | 0.47 | - | ||
| 2024/7 | 0.94 | 5.26 | 21.95 | 5.7 | 7.93 | 2.69 | 0.48 | - | ||
| 2024/6 | 0.89 | 4.42 | 14.2 | 4.76 | 5.53 | 2.55 | 0.45 | - | ||
| 2024/5 | 0.86 | 7.74 | 0.73 | 3.86 | 3.71 | 2.43 | 0.47 | - | ||
| 2024/4 | 0.79 | 2.49 | -10.5 | 3.01 | 4.59 | 2.28 | 0.5 | - | ||
| 2024/3 | 0.78 | 9.73 | -9.9 | 2.21 | 11.35 | 2.21 | 0.51 | - | ||
| 2024/2 | 0.71 | -3.01 | 21.38 | 1.44 | 27.62 | 2.11 | 0.54 | - | ||
| 2024/1 | 0.73 | 7.83 | 34.31 | 0.73 | 34.31 | 2.16 | 0.52 | - | ||
| 2023/12 | 0.68 | -11.09 | 27.72 | 8.8 | -15.08 | 2.08 | 0.7 | - | ||
| 2023/11 | 0.76 | 18.16 | 28.5 | 8.12 | -17.39 | 2.06 | 0.71 | - | ||
| 2023/10 | 0.64 | -1.5 | 14.31 | 7.36 | -20.32 | 2.08 | 0.7 | - | ||
| 2023/9 | 0.65 | -16.91 | 5.46 | 6.72 | -22.57 | 2.21 | 0.81 | - | ||
| 2023/8 | 0.79 | 1.83 | 16.75 | 6.06 | -24.73 | 2.34 | 0.76 | - | ||
| 2023/7 | 0.77 | -1.42 | 5.54 | 5.28 | -28.51 | 2.41 | 0.74 | - | ||
| 2023/6 | 0.78 | -7.89 | -5.62 | 4.51 | -32.25 | 2.52 | 0.9 | - | ||
| 2023/5 | 0.85 | -4.26 | -18.38 | 3.72 | -36.05 | 2.6 | 0.87 | - | ||
| 2023/4 | 0.89 | 3.17 | -27.99 | 2.87 | -39.9 | 2.33 | 0.97 | - | ||
| 2023/3 | 0.86 | 47.84 | -37.97 | 1.99 | -44.03 | 1.99 | 1.33 | - | ||
| 2023/2 | 0.58 | 7.31 | -46.03 | 1.12 | -47.93 | 1.65 | 1.6 | - | ||
| 2023/1 | 0.54 | 2.54 | -49.82 | 0.54 | -49.82 | 1.66 | 1.59 | - | ||
| 2022/12 | 0.53 | -10.55 | -49.16 | 10.36 | -34.28 | 1.68 | 2.04 | - | ||
| 2022/11 | 0.59 | 5.12 | -48.99 | 9.83 | -33.22 | 1.77 | 1.93 | - | ||
| 2022/10 | 0.56 | -9.12 | -54.21 | 9.24 | -31.88 | 1.86 | 1.85 | 受產業景氣變動影響 | ||
| 2022/9 | 0.62 | -8.02 | -55.91 | 8.68 | -29.65 | 2.02 | 1.84 | 受產業景氣變動影響 | ||
| 2022/8 | 0.67 | -7.94 | -54.68 | 8.06 | -26.27 | 2.23 | 1.66 | 受產業景氣變動影響 | ||
| 2022/7 | 0.73 | -11.84 | -49.3 | 7.38 | -21.81 | 2.6 | 1.43 | - | ||
| 2022/6 | 0.83 | -20.35 | -41.84 | 6.65 | -16.85 | 3.1 | 1.14 | - | ||
| 2022/5 | 1.04 | -15.54 | -24.58 | 5.82 | -11.43 | 3.66 | 0.97 | - | ||
| 2022/4 | 1.23 | -11.12 | -13.18 | 4.78 | -7.93 | 3.7 | 0.96 | - | ||
| 2022/3 | 1.39 | 28.62 | 5.31 | 3.55 | -5.95 | 3.55 | 0.94 | - | ||
| 2022/2 | 1.08 | -0.21 | -2.99 | 2.16 | -12.0 | 3.2 | 1.04 | - | ||
| 2022/1 | 1.08 | 3.89 | -19.47 | 1.08 | -19.47 | 3.28 | 1.01 | - | ||
| 2021/12 | 1.04 | -10.25 | -11.26 | 15.76 | 23.22 | 3.43 | 0.89 | - | ||
| 2021/11 | 1.16 | -5.64 | -4.92 | 14.72 | 26.7 | 3.79 | 0.81 | - | ||
| 2021/10 | 1.23 | -12.5 | -2.21 | 13.56 | 30.41 | 4.12 | 0.74 | - | ||
| 2021/9 | 1.4 | -5.45 | 13.8 | 12.33 | 34.89 | 4.33 | 0.57 | - | ||
| 2021/8 | 1.49 | 2.98 | 31.68 | 10.93 | 38.19 | 4.35 | 0.56 | - | ||
| 2021/7 | 1.44 | 1.12 | 26.04 | 9.44 | 39.27 | 4.25 | 0.58 | - | ||
| 2021/6 | 1.43 | 3.28 | 47.19 | 8.0 | 41.95 | 4.23 | 0.5 | - | ||
| 2021/5 | 1.38 | -2.78 | 48.96 | 6.57 | 40.87 | 4.12 | 0.51 | - | ||
| 2021/4 | 1.42 | 7.81 | 47.71 | 5.19 | 38.86 | 3.85 | 0.55 | - | ||
| 2021/3 | 1.32 | 18.46 | -3.08 | 3.77 | 35.8 | 3.77 | 0.58 | - | ||
| 2021/2 | 1.11 | -17.16 | 43.45 | 2.46 | 73.06 | 3.63 | 0.6 | 客戶需求增加所致 | ||
| 2021/1 | 1.34 | 14.48 | 108.77 | 1.34 | 108.77 | 3.74 | 0.58 | 因客戶需求增加所致 | ||
| 2020/12 | 1.17 | -3.83 | 14.46 | 12.79 | 19.59 | 3.65 | 0.44 | - | ||
| 2020/11 | 1.22 | -2.95 | 22.74 | 11.62 | 20.14 | 3.71 | 0.43 | - | ||
| 2020/10 | 1.26 | 1.82 | 42.04 | 10.4 | 19.84 | 3.62 | 0.44 | - | ||
| 2020/9 | 1.23 | 9.4 | 33.39 | 9.14 | 17.32 | 3.51 | 0.41 | - | ||
| 2020/8 | 1.13 | -1.42 | 28.9 | 7.91 | 15.15 | 3.24 | 0.44 | - | ||
| 2020/7 | 1.14 | 18.09 | 23.4 | 6.78 | 13.14 | 3.04 | 0.47 | - | ||
| 2020/6 | 0.97 | 4.53 | 6.99 | 5.64 | 11.27 | 2.86 | 0.57 | - | ||
| 2020/5 | 0.93 | -3.59 | -1.48 | 4.67 | 12.2 | 3.25 | 0.5 | - | ||
| 2020/4 | 0.96 | -29.25 | 5.7 | 3.74 | 16.2 | 3.1 | 0.52 | - | ||
| 2020/3 | 1.36 | 75.34 | 50.83 | 2.78 | 20.34 | 2.78 | 0.55 | 客戶需求增加以及1~2月因疫情關係遞延至3月出貨所致 | ||
| 2020/2 | 0.78 | 20.55 | 14.57 | 1.42 | 0.81 | 2.44 | 0.63 | - | ||
| 2020/1 | 0.64 | -37.23 | -11.93 | 0.64 | -11.93 | 0.0 | N/A | - | ||
| 2019/12 | 1.02 | 3.11 | 21.73 | 10.7 | 1.64 | 0.0 | N/A | - |
| 加權平均股數 YoY | EPS YoY | 本業EPS YoY | 營收 YoY | 毛利率(%) YoY | 營業利益率 YoY | 稅後淨利率 YoY | 營業利益 YoY | 稅前淨利 YoY | 稅後淨利 YoY | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 (10) | 47 | 0.0 | 0.00 | 0 | -0.49 | 0 | 8.8 | -15.06 | 30.97 | -9.52 | -2.84 | 0 | 0.00 | 0 | -0.25 | 0 | -0.02 | 0 | 0 | 0 |
| 2022 (9) | 47 | 0.0 | 2.26 | -55.42 | 0.51 | -90.64 | 10.36 | -34.26 | 34.23 | -18.96 | 4.12 | -79.08 | 10.43 | -32.18 | 0.43 | -86.13 | 1.26 | -57.58 | 1.08 | -55.37 |
| 2021 (8) | 47 | -18.97 | 5.07 | 171.12 | 5.45 | 112.06 | 15.76 | 23.22 | 42.24 | 20.31 | 19.69 | 90.98 | 15.38 | 80.09 | 3.1 | 134.85 | 2.97 | 147.5 | 2.42 | 122.02 |
| 2020 (7) | 58 | -13.43 | 1.87 | 0 | 2.57 | 0 | 12.79 | 19.53 | 35.11 | 16.03 | 10.31 | 0 | 8.54 | 0 | 1.32 | 0 | 1.2 | 0 | 1.09 | 0 |
| 2019 (6) | 67 | 0.0 | -0.08 | 0 | -0.17 | 0 | 10.7 | 1.71 | 30.26 | 45.83 | -0.66 | 0 | -0.47 | 0 | -0.07 | 0 | -0.04 | 0 | -0.05 | 0 |
| 2018 (5) | 67 | 0.0 | -1.37 | 0 | -2.66 | 0 | 10.52 | -18.89 | 20.75 | -4.38 | -11.98 | 0 | -8.79 | 0 | -1.26 | 0 | -0.93 | 0 | -0.92 | 0 |
| 2017 (4) | 67 | 45.65 | -0.68 | 0 | -0.55 | 0 | 12.97 | 13.97 | 21.70 | 62.67 | -2.65 | 0 | -3.52 | 0 | -0.34 | 0 | -0.54 | 0 | -0.46 | 0 |
| 2016 (3) | 46 | 17.95 | -0.44 | 0 | -1.26 | 0 | 11.38 | 26.87 | 13.34 | -30.95 | -5.44 | 0 | -1.77 | 0 | -0.62 | 0 | -0.23 | 0 | -0.2 | 0 |
| 2015 (2) | 39 | 0.0 | 0.01 | -99.39 | 0.30 | -76.19 | 8.97 | -15.22 | 19.32 | -23.15 | 1.63 | -75.11 | 0.04 | -99.46 | 0.15 | -78.26 | 0 | 0 | 0 | 0 |
| 2014 (1) | 39 | 0.0 | 1.64 | 0.61 | 1.26 | 48.24 | 10.58 | -6.21 | 25.14 | 0 | 6.55 | 0 | 7.35 | 0 | 0.69 | -6.76 | 0.88 | -12.0 | 0.78 | 18.18 |
