- 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) | -0.18 | -220.0 | -181.82 | 37.67 | 27.09 | 13.88 | 8.97 | 291.7 | 23.9 | 2.41 | -68.5 | -70.79 | 0.36 | -93.01 | -93.77 | 0.13 | -92.9 | -94.2 | 0.17 | -83.0 | -85.83 | 0.18 | 5.88 | -5.26 | 5.14 | -51.51 | -50.95 | 94.25 | -10.85 | -10.41 | 387.50 | 1207.81 | 344.91 | -287.50 | -508.55 | -2328.12 | 24.04 | 13.4 | 8.34 |
| 24Q2 (19) | 0.15 | 275.0 | 650.0 | 29.64 | -3.67 | 15.6 | 2.29 | 273.48 | 4.09 | 7.65 | 10.39 | 63.46 | 5.15 | 30.38 | 138.43 | 1.83 | 39.69 | 144.0 | 1.00 | 33.33 | 112.77 | 0.17 | 6.25 | 0.0 | 10.60 | 7.94 | 44.61 | 105.72 | 4.29 | 0.44 | 29.63 | 270.37 | -32.28 | 70.37 | -40.05 | 40.74 | 21.20 | -32.31 | 2.32 |
| 24Q1 (18) | 0.04 | 100.0 | -85.71 | 30.77 | 16.55 | -7.71 | -1.32 | -131.81 | -125.19 | 6.93 | 189.96 | -25.08 | 3.95 | 165.1 | -41.48 | 1.31 | 138.18 | -50.0 | 0.75 | 102.7 | -44.03 | 0.16 | -11.11 | -11.11 | 9.82 | 97.59 | -16.0 | 101.37 | 0.66 | -7.4 | -17.39 | -110.43 | -131.3 | 117.39 | 276.09 | 181.74 | 31.32 | 36.77 | 21.25 |
| 23Q4 (17) | 0.02 | -90.91 | -93.94 | 26.40 | -20.19 | -23.77 | 4.15 | -42.68 | -56.5 | 2.39 | -71.03 | -64.64 | 1.49 | -74.22 | -70.55 | 0.55 | -75.45 | -75.45 | 0.37 | -69.17 | -67.54 | 0.18 | -5.26 | -14.29 | 4.97 | -52.58 | -45.68 | 100.71 | -4.27 | -10.11 | 166.67 | 91.36 | 17.89 | -66.67 | -616.67 | -61.11 | 22.90 | 3.2 | 13.53 |
| 23Q3 (16) | 0.22 | 1000.0 | -63.93 | 33.08 | 29.02 | -12.46 | 7.24 | 229.09 | -31.7 | 8.25 | 76.28 | -40.69 | 5.78 | 167.59 | -45.11 | 2.24 | 198.67 | -46.67 | 1.20 | 155.32 | -41.18 | 0.19 | 11.76 | 0.0 | 10.48 | 42.97 | -37.47 | 105.20 | -0.06 | -11.06 | 87.10 | 99.08 | 13.9 | 12.90 | -74.19 | -45.16 | 22.19 | 7.09 | -6.53 |
| 23Q2 (15) | 0.02 | -92.86 | 0 | 25.64 | -23.1 | -32.03 | 2.20 | -58.02 | -78.87 | 4.68 | -49.41 | -31.78 | 2.16 | -68.0 | 11.92 | 0.75 | -71.37 | 1.35 | 0.47 | -64.93 | 6.82 | 0.17 | -5.56 | -10.53 | 7.33 | -37.3 | -22.35 | 105.26 | -3.85 | -5.52 | 43.75 | -21.25 | -70.44 | 50.00 | 20.0 | 196.15 | 20.72 | -19.78 | -16.42 |
| 23Q1 (14) | 0.28 | -15.15 | -9.68 | 33.34 | -3.73 | -17.8 | 5.24 | -45.07 | -55.86 | 9.25 | 36.83 | -3.44 | 6.75 | 33.4 | 4.49 | 2.62 | 16.96 | 9.17 | 1.34 | 17.54 | 6.35 | 0.18 | -14.29 | 0.0 | 11.69 | 27.76 | -1.76 | 109.47 | -2.29 | 6.83 | 55.56 | -60.7 | -55.03 | 41.67 | 200.69 | 277.08 | 25.83 | 28.06 | -4.44 |
| 22Q4 (13) | 0.33 | -45.9 | -17.5 | 34.63 | -8.36 | -4.71 | 9.54 | -10.0 | 6.12 | 6.76 | -51.4 | -19.04 | 5.06 | -51.95 | -29.92 | 2.24 | -46.67 | -19.71 | 1.14 | -44.12 | -21.92 | 0.21 | 10.53 | 10.53 | 9.15 | -45.41 | -13.76 | 112.04 | -5.28 | 9.5 | 141.38 | 84.88 | 32.54 | -41.38 | -275.86 | -520.69 | 20.17 | -15.04 | -14.82 |
| 22Q3 (12) | 0.61 | 0 | -15.28 | 37.79 | 0.19 | -12.4 | 10.60 | 1.83 | -18.46 | 13.91 | 102.77 | -7.64 | 10.53 | 445.6 | -12.9 | 4.20 | 467.57 | -14.81 | 2.04 | 363.64 | -19.05 | 0.19 | 0.0 | -5.0 | 16.76 | 77.54 | -3.46 | 118.28 | 6.17 | 16.66 | 76.47 | -48.33 | -10.51 | 23.53 | 145.25 | 84.87 | 23.74 | -4.24 | -24.59 |
| 22Q2 (11) | 0.00 | -100.0 | -100.0 | 37.72 | -7.0 | -2.56 | 10.41 | -12.3 | -32.71 | 6.86 | -28.39 | -52.03 | 1.93 | -70.12 | -83.77 | 0.74 | -69.17 | -82.42 | 0.44 | -65.08 | -80.27 | 0.19 | 5.56 | 5.56 | 9.44 | -20.67 | -42.65 | 111.41 | 8.72 | 8.85 | 148.00 | 19.81 | 35.92 | -52.00 | -121.0 | -485.0 | 24.79 | -8.29 | 25.84 |
| 22Q1 (10) | 0.31 | -22.5 | -6.06 | 40.56 | 11.61 | -4.2 | 11.87 | 32.04 | 57.43 | 9.58 | 14.73 | 0.21 | 6.46 | -10.53 | -13.52 | 2.40 | -13.98 | 7.62 | 1.26 | -13.7 | -0.79 | 0.18 | -5.26 | 12.5 | 11.90 | 12.16 | -7.89 | 102.47 | 0.15 | 16.51 | 123.53 | 15.81 | 60.59 | -23.53 | -252.94 | -222.35 | 27.03 | 14.15 | -17.06 |
| 21Q4 (9) | 0.40 | -44.44 | -13.04 | 36.34 | -15.76 | -13.68 | 8.99 | -30.85 | -31.43 | 8.35 | -44.56 | -61.7 | 7.22 | -40.28 | -51.8 | 2.79 | -43.41 | -51.9 | 1.46 | -42.06 | -54.94 | 0.19 | -5.0 | -9.52 | 10.61 | -38.88 | -55.72 | 102.32 | 0.92 | 20.04 | 106.67 | 24.82 | 79.39 | -6.67 | -152.38 | -117.01 | 23.68 | -24.78 | -11.18 |
| 21Q3 (8) | 0.72 | 9.09 | 188.0 | 43.14 | 11.44 | 12.7 | 13.00 | -15.97 | 83.36 | 15.06 | 5.31 | 110.63 | 12.09 | 1.68 | 112.85 | 4.93 | 17.1 | 148.99 | 2.52 | 13.0 | 119.13 | 0.20 | 11.11 | 5.26 | 17.36 | 5.47 | 64.71 | 101.39 | -0.94 | 23.23 | 85.45 | -21.52 | -14.55 | 12.73 | 243.18 | 0 | 31.48 | 59.8 | 24.18 |
| 21Q2 (7) | 0.66 | 100.0 | -24.14 | 38.71 | -8.57 | -9.45 | 15.47 | 105.17 | -7.81 | 14.30 | 49.58 | -25.25 | 11.89 | 59.17 | -25.17 | 4.21 | 88.79 | -30.07 | 2.23 | 75.59 | -31.6 | 0.18 | 12.5 | -10.0 | 16.46 | 27.4 | -26.52 | 102.35 | 16.37 | 11.24 | 108.89 | 41.56 | 25.32 | -8.89 | -146.22 | -177.46 | 19.70 | -39.55 | 0 |
| 21Q1 (6) | 0.33 | -28.26 | 512.5 | 42.34 | 0.57 | 25.45 | 7.54 | -42.49 | 196.85 | 9.56 | -56.15 | 865.66 | 7.47 | -50.13 | 1921.95 | 2.23 | -61.55 | 1958.33 | 1.27 | -60.8 | 4133.33 | 0.16 | -23.81 | 0.0 | 12.92 | -46.08 | 149.42 | 87.95 | 3.18 | 0.48 | 76.92 | 29.37 | -74.36 | 19.23 | -50.93 | 109.62 | 32.59 | 22.24 | 28.0 |
| 20Q4 (5) | 0.46 | 84.0 | 228.57 | 42.10 | 9.98 | -1.75 | 13.11 | 84.91 | 62.25 | 21.80 | 204.9 | 302.96 | 14.98 | 163.73 | 296.3 | 5.80 | 192.93 | 360.32 | 3.24 | 181.74 | 315.38 | 0.21 | 10.53 | 16.67 | 23.96 | 127.32 | 156.26 | 85.24 | 3.6 | 3.93 | 59.46 | -40.54 | -59.46 | 39.19 | 0 | 183.98 | 26.66 | 5.17 | -1.66 |
| 20Q3 (4) | 0.25 | -71.26 | 0.0 | 38.28 | -10.46 | 0.0 | 7.09 | -57.75 | 0.0 | 7.15 | -62.62 | 0.0 | 5.68 | -64.25 | 0.0 | 1.98 | -67.11 | 0.0 | 1.15 | -64.72 | 0.0 | 0.19 | -5.0 | 0.0 | 10.54 | -52.95 | 0.0 | 82.28 | -10.57 | 0.0 | 100.00 | 15.09 | 0.0 | 0.00 | -100.0 | 0.0 | 25.35 | 0 | 0.0 |
| 20Q2 (3) | 0.87 | 1187.5 | 0.0 | 42.75 | 26.67 | 0.0 | 16.78 | 560.63 | 0.0 | 19.13 | 1832.32 | 0.0 | 15.89 | 3975.61 | 0.0 | 6.02 | 5116.67 | 0.0 | 3.26 | 10766.67 | 0.0 | 0.20 | 25.0 | 0.0 | 22.40 | 332.43 | 0.0 | 92.01 | 5.12 | 0.0 | 86.89 | -71.04 | 0.0 | 11.48 | 105.74 | 0.0 | 0.00 | -100.0 | 0.0 |
| 20Q1 (2) | -0.08 | -157.14 | 0.0 | 33.75 | -21.24 | 0.0 | 2.54 | -68.56 | 0.0 | 0.99 | -81.7 | 0.0 | -0.41 | -110.85 | 0.0 | -0.12 | -109.52 | 0.0 | 0.03 | -96.15 | 0.0 | 0.16 | -11.11 | 0.0 | 5.18 | -44.6 | 0.0 | 87.53 | 6.72 | 0.0 | 300.00 | 104.55 | 0.0 | -200.00 | -328.57 | 0.0 | 25.46 | -6.09 | 0.0 |
| 19Q4 (1) | 0.14 | 0.0 | 0.0 | 42.85 | 0.0 | 0.0 | 8.08 | 0.0 | 0.0 | 5.41 | 0.0 | 0.0 | 3.78 | 0.0 | 0.0 | 1.26 | 0.0 | 0.0 | 0.78 | 0.0 | 0.0 | 0.18 | 0.0 | 0.0 | 9.35 | 0.0 | 0.0 | 82.02 | 0.0 | 0.0 | 146.67 | 0.0 | 0.0 | -46.67 | 0.0 | 0.0 | 27.11 | 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) | 0.55 | -56.35 | 29.75 | -20.73 | 4.77 | -54.79 | 1.30 | -18.18 | 6.23 | -32.28 | 4.12 | -31.1 | 6.16 | -34.68 | 3.40 | -30.61 | 0.72 | -5.26 | 8.69 | -25.85 | 100.71 | -10.11 | 76.92 | -32.75 | 23.08 | 0 | 3.62 | 33.89 | 22.98 | -3.24 |
| 2022 (9) | 1.26 | -40.28 | 37.53 | -6.27 | 10.55 | -7.21 | 1.59 | -5.5 | 9.20 | -22.69 | 5.98 | -38.67 | 9.43 | -32.21 | 4.90 | -34.49 | 0.76 | 2.7 | 11.72 | -18.44 | 112.04 | 9.5 | 114.39 | 19.76 | -14.39 | 0 | 2.70 | -8.49 | 23.75 | -11.15 |
| 2021 (8) | 2.11 | 40.67 | 40.04 | 1.14 | 11.37 | 9.43 | 1.68 | -22.44 | 11.90 | -9.51 | 9.75 | 0.31 | 13.91 | 3.73 | 7.48 | -2.35 | 0.74 | -1.33 | 14.37 | -11.62 | 102.32 | 20.04 | 95.51 | 20.73 | 4.49 | -78.52 | 2.95 | -13.98 | 26.73 | 2.26 |
| 2020 (7) | 1.50 | 42.86 | 39.59 | 1.28 | 10.39 | 44.51 | 2.17 | -8.61 | 13.15 | 79.64 | 9.72 | 58.82 | 13.41 | 58.32 | 7.66 | 51.38 | 0.75 | -1.32 | 16.26 | 48.76 | 85.24 | 3.93 | 79.11 | -19.96 | 20.89 | 798.1 | 3.43 | -46.39 | 26.14 | 3.73 |
| 2019 (6) | 1.05 | 47.89 | 39.09 | 5.25 | 7.19 | 20.44 | 2.37 | 112.83 | 7.32 | 23.86 | 6.12 | 32.18 | 8.47 | 37.06 | 5.06 | 33.51 | 0.76 | 2.7 | 10.93 | 32.81 | 82.02 | -0.21 | 98.84 | -2.57 | 2.33 | 0 | 6.40 | 2.87 | 25.20 | 2.73 |
| 2018 (5) | 0.71 | -52.67 | 37.14 | 1.14 | 5.97 | -26.48 | 1.11 | 4.8 | 5.91 | -26.86 | 4.63 | -39.95 | 6.18 | -41.53 | 3.79 | -39.26 | 0.74 | -3.9 | 8.23 | -20.17 | 82.19 | 3.74 | 101.45 | 1.45 | -1.45 | 0 | 6.22 | 0 | 24.53 | 11.0 |
| 2017 (4) | 1.50 | 47.06 | 36.72 | -4.75 | 8.12 | 3.7 | 1.06 | -14.31 | 8.08 | -2.65 | 7.71 | 20.47 | 10.57 | 54.31 | 6.24 | 38.36 | 0.77 | 11.59 | 10.31 | 1.48 | 79.23 | 3.96 | 100.00 | 7.25 | 0.00 | 0 | 0.00 | 0 | 22.10 | 8.39 |
| 2016 (3) | 1.02 | 12.09 | 38.55 | -6.55 | 7.83 | -26.69 | 1.24 | -6.77 | 8.30 | 4.27 | 6.40 | 13.27 | 6.85 | 2.7 | 4.51 | -7.77 | 0.69 | -18.82 | 10.16 | 3.57 | 76.21 | 167.22 | 93.24 | -30.07 | 5.41 | 0 | 0.00 | 0 | 20.39 | 2.98 |
| 2015 (2) | 0.91 | -55.39 | 41.25 | 17.42 | 10.68 | 35.36 | 1.33 | 6.54 | 7.96 | -37.12 | 5.65 | -46.5 | 6.67 | -55.71 | 4.89 | -53.03 | 0.85 | -12.37 | 9.81 | -32.58 | 28.52 | -44.88 | 133.33 | 114.49 | -33.33 | 0 | 0.00 | 0 | 19.80 | 11.86 |
| 2014 (1) | 2.04 | 106.06 | 35.13 | 0 | 7.89 | 0 | 1.25 | 36.75 | 12.66 | 0 | 10.56 | 0 | 15.06 | 0 | 10.41 | 0 | 0.97 | -15.65 | 14.55 | 57.64 | 51.74 | 19.69 | 62.16 | -65.69 | 37.84 | 0 | 0.00 | 0 | 17.70 | 26.79 |
