- 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) | 0.01 | 102.44 | 101.12 | 16.50 | 7.49 | 89.66 | -1.85 | 53.75 | 85.08 | -0.60 | 91.56 | 95.09 | -0.44 | 94.15 | 96.53 | -0.06 | 94.29 | 95.83 | -0.02 | 97.4 | 98.08 | 0.11 | 0.0 | 22.22 | 16.50 | 63.69 | 96.2 | 26.84 | -8.58 | -12.97 | 307.50 | 444.22 | 203.07 | -207.50 | -574.72 | -14104.32 | 28.14 | -6.26 | -12.85 |
| 24Q2 (19) | -0.41 | 33.87 | 66.12 | 15.35 | 25.31 | 221.8 | -4.00 | 57.17 | 77.63 | -7.11 | 22.72 | 60.19 | -7.52 | 29.59 | 57.63 | -1.05 | 13.93 | 44.44 | -0.77 | 12.5 | 45.39 | 0.11 | 22.22 | 37.5 | 10.08 | -18.58 | 177.69 | 29.36 | -1.81 | -4.36 | 56.50 | -44.36 | -43.55 | 43.71 | 2908.37 | 45733.26 | 30.02 | -13.59 | -11.81 |
| 24Q1 (18) | -0.62 | 88.24 | 62.42 | 12.25 | 51.05 | 683.33 | -9.34 | 36.89 | 67.7 | -9.20 | 87.85 | 68.24 | -10.68 | 85.51 | 63.78 | -1.22 | 84.69 | 50.81 | -0.88 | 85.43 | 53.68 | 0.09 | 12.5 | 28.57 | 12.38 | 123.13 | 692.34 | 29.90 | -1.77 | 11.19 | 101.56 | 419.35 | 1.78 | -1.56 | -101.93 | -1166.15 | 34.74 | 0.96 | -12.12 |
| 23Q4 (17) | -5.27 | -492.13 | -401.9 | 8.11 | -6.78 | 1.76 | -14.80 | -19.35 | -2.35 | -75.69 | -519.39 | -347.87 | -73.72 | -480.93 | -358.46 | -7.97 | -453.47 | -383.03 | -6.04 | -480.77 | -387.1 | 0.08 | -11.11 | 0.0 | -53.52 | -736.39 | -1029.17 | 30.44 | -1.3 | 5.29 | 19.55 | -80.73 | -77.15 | 80.45 | 5606.87 | 458.06 | 34.41 | 6.57 | 18.61 |
| 23Q3 (16) | -0.89 | 26.45 | -85.42 | 8.70 | 82.39 | -33.74 | -12.40 | 30.65 | -89.6 | -12.22 | 31.58 | -50.31 | -12.69 | 28.51 | -62.69 | -1.44 | 23.81 | -53.19 | -1.04 | 26.24 | -57.58 | 0.09 | 12.5 | 0.0 | 8.41 | 131.68 | -30.27 | 30.84 | 0.46 | 1.35 | 101.46 | 1.36 | 26.07 | -1.46 | -1425.1 | -107.48 | 32.29 | -5.14 | 16.15 |
| 23Q2 (15) | -1.21 | 26.67 | -312.28 | 4.77 | 327.14 | -79.2 | -17.88 | 38.17 | -580.65 | -17.86 | 38.35 | -499.55 | -17.75 | 39.81 | -641.16 | -1.89 | 23.79 | -502.13 | -1.41 | 25.79 | -471.05 | 0.08 | 14.29 | -20.0 | 3.63 | 273.68 | -83.08 | 30.70 | 14.17 | -17.52 | 100.10 | 0.32 | 20.11 | -0.10 | -165.61 | -100.57 | 34.04 | -13.89 | 26.35 |
| 23Q1 (14) | -1.65 | -57.14 | -248.65 | -2.10 | -126.35 | -109.69 | -28.92 | -100.0 | -566.45 | -28.97 | -71.42 | -452.0 | -29.49 | -83.4 | -491.63 | -2.48 | -50.3 | -308.4 | -1.90 | -53.23 | -318.39 | 0.07 | -12.5 | -36.36 | -2.09 | -136.28 | -108.73 | 26.89 | -6.99 | -33.93 | 99.78 | 16.59 | 32.54 | 0.15 | -98.99 | -99.41 | 39.53 | 36.26 | 56.99 |
| 22Q4 (13) | -1.05 | -118.75 | -261.54 | 7.97 | -39.3 | -60.49 | -14.46 | -121.1 | -290.26 | -16.90 | -107.87 | -320.92 | -16.08 | -106.15 | -486.54 | -1.65 | -75.53 | -317.11 | -1.24 | -87.88 | -325.45 | 0.08 | -11.11 | -38.46 | 5.76 | -52.24 | -73.13 | 28.91 | -5.0 | -29.16 | 85.58 | 6.34 | -13.73 | 14.42 | -26.16 | 2073.83 | 29.01 | 4.35 | 35.69 |
| 22Q3 (12) | -0.48 | -184.21 | -125.13 | 13.13 | -42.74 | -47.1 | -6.54 | -275.81 | -163.99 | -8.13 | -281.88 | -168.03 | -7.80 | -337.8 | -168.0 | -0.94 | -300.0 | -142.15 | -0.66 | -273.68 | -140.99 | 0.09 | -10.0 | -35.71 | 12.06 | -43.78 | -52.46 | 30.43 | -18.24 | -31.73 | 80.48 | -3.43 | -5.96 | 19.52 | 17.13 | 35.33 | 27.80 | 3.19 | 27.99 |
| 22Q2 (11) | 0.57 | -48.65 | -44.66 | 22.93 | 5.81 | 0.88 | 3.72 | -40.0 | -45.13 | 4.47 | -45.69 | -41.87 | 3.28 | -56.44 | -54.13 | 0.47 | -60.5 | -63.57 | 0.38 | -56.32 | -60.42 | 0.10 | -9.09 | -23.08 | 21.45 | -10.36 | -3.03 | 37.22 | -8.55 | -8.1 | 83.33 | 10.69 | -5.51 | 16.67 | -32.57 | 41.18 | 26.94 | 6.99 | 8.24 |
| 22Q1 (10) | 1.11 | 70.77 | 392.11 | 21.67 | 7.44 | 58.99 | 6.20 | -18.42 | 229.44 | 8.23 | 7.58 | 264.27 | 7.53 | 81.01 | 241.28 | 1.19 | 56.58 | 248.75 | 0.87 | 58.18 | 264.15 | 0.11 | -15.38 | 0.0 | 23.93 | 11.61 | 73.28 | 40.70 | -0.27 | 4.39 | 75.28 | -24.11 | -21.28 | 24.72 | 3627.16 | 466.82 | 25.18 | 17.77 | -10.9 |
| 21Q4 (9) | 0.65 | -65.97 | 0 | 20.17 | -18.73 | 0 | 7.60 | -25.64 | 0 | 7.65 | -35.98 | 0 | 4.16 | -63.73 | 0 | 0.76 | -65.92 | 0 | 0.55 | -65.84 | 0 | 0.13 | -7.14 | 0 | 21.44 | -15.49 | 0 | 40.81 | -8.44 | 0 | 99.20 | 15.93 | 0 | 0.66 | -95.4 | 0 | 21.38 | -1.57 | 0 |
| 21Q3 (8) | 1.91 | 85.44 | 0 | 24.82 | 9.19 | 0 | 10.22 | 50.74 | 0 | 11.95 | 55.4 | 0 | 11.47 | 60.42 | 0 | 2.23 | 72.87 | 0 | 1.61 | 67.71 | 0 | 0.14 | 7.69 | 0 | 25.37 | 14.69 | 0 | 44.57 | 10.05 | 0 | 85.58 | -2.97 | 0 | 14.42 | 22.19 | 0 | 21.72 | -12.74 | 0 |
| 21Q2 (7) | 1.03 | 371.05 | 146.61 | 22.73 | 66.76 | 0 | 6.78 | 241.54 | 0 | 7.69 | 253.49 | 0 | 7.15 | 234.15 | 0 | 1.29 | 261.25 | 0 | 0.96 | 281.13 | 0 | 0.13 | 18.18 | 0 | 22.12 | 60.17 | 1049.36 | 40.50 | 3.87 | 0 | 88.19 | -7.78 | -0.65 | 11.81 | 170.74 | 5.14 | 24.89 | -11.92 | 0 |
| 21Q1 (6) | -0.38 | 0 | 0 | 13.63 | 0 | 0 | -4.79 | 0 | 0 | -5.01 | 0 | 0 | -5.33 | 0 | 0 | -0.80 | 0 | 0 | -0.53 | 0 | 0 | 0.11 | 0 | 0 | 13.81 | 0 | 0 | 38.99 | 0 | 0 | 95.64 | 0 | 0 | 4.36 | 0 | 0 | 28.26 | 0 | 0 |
| 20Q4 (5) | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 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 |
| 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) | -9.02 | 0 | 5.24 | -69.62 | -17.94 | 0 | 20.60 | 20.11 | -33.11 | 0 | -32.83 | 0 | -13.84 | 0 | -10.45 | 0 | 0.33 | -15.38 | -10.55 | 0 | 30.44 | 5.29 | 54.18 | -43.85 | 45.82 | 1129.57 | 2.56 | -61.9 | 34.81 | 28.74 |
| 2022 (9) | 0.05 | -98.44 | 17.25 | -17.5 | -1.61 | 0 | 17.15 | 24.06 | -1.67 | 0 | -1.96 | 0 | -1.02 | 0 | -0.62 | 0 | 0.39 | -29.09 | 16.82 | -21.0 | 28.91 | -29.16 | 96.48 | 8.05 | 3.73 | -65.19 | 6.72 | 4.54 | 27.04 | 14.19 |
| 2021 (8) | 3.21 | 0 | 20.91 | 0 | 5.79 | 0 | 13.83 | 0 | 6.49 | 0 | 5.21 | 0 | 4.03 | 0 | 3.01 | 0 | 0.55 | 0 | 21.29 | 0 | 40.81 | 0 | 89.29 | 0 | 10.71 | 0 | 6.43 | -13.62 | 23.68 | 0 |
| 2020 (7) | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 7.44 | 0 | 0.00 | 0 |
