- 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) | 0.05 | -83.33 | -70.59 | 46.03 | -0.11 | 6.43 | 9.21 | -21.01 | 34.85 | 4.22 | -81.82 | -72.69 | 3.45 | -82.69 | -68.09 | 0.24 | -83.22 | -70.0 | 0.23 | -82.71 | -68.49 | 0.07 | 0.0 | 0.0 | 12.22 | -61.23 | -50.06 | 5.96 | -6.44 | -11.31 | 200.00 | 281.82 | 400.0 | -125.00 | -338.64 | -334.38 | 24.36 | -4.09 | -3.06 |
| 24Q2 (19) | 0.30 | -31.82 | 50.0 | 46.08 | -4.36 | 5.33 | 11.66 | -15.75 | 13.65 | 23.21 | -32.07 | 33.24 | 19.93 | -36.57 | 63.49 | 1.43 | -31.58 | 48.96 | 1.33 | -31.79 | 52.87 | 0.07 | 16.67 | 0.0 | 31.52 | -27.59 | 24.83 | 6.37 | -25.5 | -43.93 | 52.38 | 26.59 | -10.95 | 52.38 | -10.64 | 27.21 | 25.40 | -3.97 | 4.14 |
| 24Q1 (18) | 0.44 | 144.44 | 144.44 | 48.18 | 0.21 | 2.36 | 13.84 | -5.91 | -21.5 | 34.17 | 2978.38 | 106.84 | 31.42 | 173.69 | 180.29 | 2.09 | 148.81 | 148.81 | 1.95 | 146.84 | 150.0 | 0.06 | -14.29 | -14.29 | 43.53 | 354.86 | 72.33 | 8.55 | 58.33 | -13.2 | 41.38 | -97.04 | -61.05 | 58.62 | 104.51 | 1037.93 | 26.45 | 12.79 | 9.89 |
| 23Q4 (17) | 0.18 | 5.88 | -10.0 | 48.08 | 11.17 | -4.51 | 14.71 | 115.37 | -15.31 | 1.11 | -92.82 | -89.46 | 11.48 | 6.2 | 4.94 | 0.84 | 5.0 | -9.68 | 0.79 | 8.22 | -9.2 | 0.07 | 0.0 | -12.5 | 9.57 | -60.89 | -48.33 | 5.40 | -19.64 | -15.76 | 1400.00 | 3400.0 | 710.53 | -1300.00 | -2537.5 | -1942.86 | 23.45 | -6.69 | 4.5 |
| 23Q3 (16) | 0.17 | -15.0 | -61.36 | 43.25 | -1.14 | -10.64 | 6.83 | -33.43 | -53.09 | 15.45 | -11.31 | -56.18 | 10.81 | -11.32 | -59.13 | 0.80 | -16.67 | -63.47 | 0.73 | -16.09 | -64.39 | 0.07 | 0.0 | -12.5 | 24.47 | -3.09 | -43.28 | 6.72 | -40.85 | -9.68 | 40.00 | -32.0 | -4.0 | 53.33 | 29.52 | -8.57 | 25.13 | 3.03 | 2.87 |
| 23Q2 (15) | 0.20 | 11.11 | -35.48 | 43.75 | -7.05 | -10.11 | 10.26 | -41.8 | -31.09 | 17.42 | 5.45 | -28.69 | 12.19 | 8.74 | -33.46 | 0.96 | 14.29 | -38.46 | 0.87 | 11.54 | -40.41 | 0.07 | 0.0 | -12.5 | 25.25 | -0.04 | -23.51 | 11.36 | 15.33 | 76.12 | 58.82 | -44.64 | -1.96 | 41.18 | 758.82 | 2.94 | 24.39 | 1.33 | -0.29 |
| 23Q1 (14) | 0.18 | -10.0 | -37.93 | 47.07 | -6.51 | -2.24 | 17.63 | 1.5 | 12.58 | 16.52 | 56.89 | -27.51 | 11.21 | 2.47 | -35.65 | 0.84 | -9.68 | -41.26 | 0.78 | -10.34 | -41.79 | 0.07 | -12.5 | -12.5 | 25.26 | 36.39 | -19.32 | 9.85 | 53.67 | 25.16 | 106.25 | -38.49 | 52.73 | -6.25 | 90.18 | -120.54 | 24.07 | 7.26 | 3.53 |
| 22Q4 (13) | 0.20 | -54.55 | 1100.0 | 50.35 | 4.03 | 26.79 | 17.37 | 19.3 | 1006.37 | 10.53 | -70.14 | 685.0 | 10.94 | -58.64 | 844.22 | 0.93 | -57.53 | 875.0 | 0.87 | -57.56 | 890.91 | 0.08 | 0.0 | 0.0 | 18.52 | -57.07 | 124.48 | 6.41 | -13.84 | 9.01 | 172.73 | 314.55 | 272.73 | -63.64 | -209.09 | -142.42 | 22.44 | -8.15 | -15.92 |
| 22Q3 (12) | 0.44 | 41.94 | 100.0 | 48.40 | -0.55 | 4.65 | 14.56 | -2.22 | 3.7 | 35.26 | 44.33 | 150.78 | 26.45 | 44.38 | 134.07 | 2.19 | 40.38 | 99.09 | 2.05 | 40.41 | 100.98 | 0.08 | 0.0 | -11.11 | 43.14 | 30.69 | 85.31 | 7.44 | 15.35 | 30.76 | 41.67 | -30.56 | -58.33 | 58.33 | 45.83 | 0 | 24.43 | -0.12 | 9.95 |
| 22Q2 (11) | 0.31 | 6.9 | 181.82 | 48.67 | 1.08 | 12.61 | 14.89 | -4.92 | 32.0 | 24.43 | 7.2 | 218.93 | 18.32 | 5.17 | 228.9 | 1.56 | 9.09 | 168.97 | 1.46 | 8.96 | 170.37 | 0.08 | 0.0 | -20.0 | 33.01 | 5.43 | 104.65 | 6.45 | -18.04 | -37.74 | 60.00 | -13.75 | -57.14 | 40.00 | 31.43 | 180.0 | 24.46 | 5.2 | 12.93 |
| 22Q1 (10) | 0.29 | 1550.0 | 81.25 | 48.15 | 21.25 | 6.88 | 15.66 | 897.45 | 49.43 | 22.79 | 1366.11 | 113.59 | 17.42 | 1285.03 | 103.98 | 1.43 | 1291.67 | 74.39 | 1.34 | 1318.18 | 76.32 | 0.08 | 0.0 | -11.11 | 31.31 | 279.52 | 55.15 | 7.87 | 33.84 | -14.27 | 69.57 | 169.57 | -30.43 | 30.43 | -79.71 | 0 | 23.25 | -12.89 | 0.56 |
| 21Q4 (9) | -0.02 | -109.09 | -112.5 | 39.71 | -14.14 | -15.53 | 1.57 | -88.82 | -90.43 | -1.80 | -112.8 | -114.43 | -1.47 | -113.01 | -117.99 | -0.12 | -110.91 | -114.81 | -0.11 | -110.78 | -114.47 | 0.08 | -11.11 | -11.11 | 8.25 | -64.56 | -62.24 | 5.88 | 3.34 | -14.66 | -100.00 | -200.0 | -175.0 | 150.00 | 0 | 550.0 | 26.69 | 20.12 | 18.89 |
| 21Q3 (8) | 0.22 | 100.0 | -12.0 | 46.25 | 7.01 | -4.28 | 14.04 | 24.47 | -16.13 | 14.06 | 83.55 | -2.83 | 11.30 | 102.87 | 1.07 | 1.10 | 89.66 | -11.29 | 1.02 | 88.89 | -12.82 | 0.09 | -10.0 | -10.0 | 23.28 | 44.33 | 3.97 | 5.69 | -45.08 | -16.45 | 100.00 | -28.57 | -13.64 | 0.00 | 100.0 | 100.0 | 22.22 | 2.59 | 9.78 |
| 21Q2 (7) | 0.11 | -31.25 | 57.14 | 43.22 | -4.06 | -4.4 | 11.28 | 7.63 | 38.75 | 7.66 | -28.21 | 46.74 | 5.57 | -34.78 | 39.6 | 0.58 | -29.27 | 65.71 | 0.54 | -28.95 | 63.64 | 0.10 | 11.11 | 25.0 | 16.13 | -20.07 | 3.86 | 10.36 | 12.85 | 77.7 | 140.00 | 40.0 | -12.5 | -50.00 | 0 | 16.67 | 21.66 | -6.31 | 0 |
| 21Q1 (6) | 0.16 | 0.0 | 23.08 | 45.05 | -4.17 | -2.15 | 10.48 | -36.1 | 43.76 | 10.67 | -14.43 | 13.51 | 8.54 | 4.53 | 10.91 | 0.82 | 1.23 | 26.15 | 0.76 | 0.0 | 24.59 | 0.09 | 0.0 | 12.5 | 20.18 | -7.64 | -3.9 | 9.18 | 33.24 | 43.89 | 100.00 | -25.0 | 28.57 | 0.00 | 100.0 | -100.0 | 23.12 | 2.98 | -15.99 |
| 20Q4 (5) | 0.16 | -36.0 | 433.33 | 47.01 | -2.71 | -2.49 | 16.40 | -2.03 | 258.86 | 12.47 | -13.82 | 5095.83 | 8.17 | -26.92 | 304.46 | 0.81 | -34.68 | 376.47 | 0.76 | -35.04 | 347.06 | 0.09 | -10.0 | 12.5 | 21.85 | -2.41 | 87.55 | 6.89 | 1.17 | 14.83 | 133.33 | 15.15 | 0 | -33.33 | -111.11 | 0 | 22.45 | 10.92 | -15.25 |
| 20Q3 (4) | 0.25 | 257.14 | 0.0 | 48.32 | 6.88 | 0.0 | 16.74 | 105.9 | 0.0 | 14.47 | 177.2 | 0.0 | 11.18 | 180.2 | 0.0 | 1.24 | 254.29 | 0.0 | 1.17 | 254.55 | 0.0 | 0.10 | 25.0 | 0.0 | 22.39 | 44.17 | 0.0 | 6.81 | 16.81 | 0.0 | 115.79 | -27.63 | 0.0 | -15.79 | 73.68 | 0.0 | 20.24 | 0 | 0.0 |
| 20Q2 (3) | 0.07 | -46.15 | 0.0 | 45.21 | -1.8 | 0.0 | 8.13 | 11.52 | 0.0 | 5.22 | -44.47 | 0.0 | 3.99 | -48.18 | 0.0 | 0.35 | -46.15 | 0.0 | 0.33 | -45.9 | 0.0 | 0.08 | 0.0 | 0.0 | 15.53 | -26.05 | 0.0 | 5.83 | -8.62 | 0.0 | 160.00 | 105.71 | 0.0 | -60.00 | -370.0 | 0.0 | 0.00 | -100.0 | 0.0 |
| 20Q1 (2) | 0.13 | 333.33 | 0.0 | 46.04 | -4.5 | 0.0 | 7.29 | 59.52 | 0.0 | 9.40 | 3816.67 | 0.0 | 7.70 | 281.19 | 0.0 | 0.65 | 282.35 | 0.0 | 0.61 | 258.82 | 0.0 | 0.08 | 0.0 | 0.0 | 21.00 | 80.26 | 0.0 | 6.38 | 6.33 | 0.0 | 77.78 | 0 | 0.0 | 22.22 | 0 | 0.0 | 27.52 | 3.89 | 0.0 |
| 19Q4 (1) | 0.03 | 0.0 | 0.0 | 48.21 | 0.0 | 0.0 | 4.57 | 0.0 | 0.0 | 0.24 | 0.0 | 0.0 | 2.02 | 0.0 | 0.0 | 0.17 | 0.0 | 0.0 | 0.17 | 0.0 | 0.0 | 0.08 | 0.0 | 0.0 | 11.65 | 0.0 | 0.0 | 6.00 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 26.49 | 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) | 0.72 | -41.94 | 45.52 | -6.95 | 12.35 | -21.09 | 5.50 | -5.63 | 12.70 | -44.93 | 11.43 | -37.13 | 3.39 | -43.31 | 3.21 | -43.09 | 0.28 | -9.68 | 21.20 | -32.81 | 5.40 | -15.76 | 95.92 | 42.38 | 2.04 | -93.75 | 5.16 | 2.87 | 24.26 | 2.67 |
| 2022 (9) | 1.24 | 163.83 | 48.92 | 11.92 | 15.65 | 61.17 | 5.83 | -17.9 | 23.06 | 186.82 | 18.18 | 189.49 | 5.98 | 155.56 | 5.64 | 154.05 | 0.31 | -11.43 | 31.55 | 80.08 | 6.41 | 9.01 | 67.37 | -44.88 | 32.63 | 0 | 5.02 | -5.32 | 23.63 | 1.63 |
| 2021 (8) | 0.47 | -21.67 | 43.71 | -6.54 | 9.71 | -23.12 | 7.10 | -1.96 | 8.04 | -25.21 | 6.28 | -21.5 | 2.34 | -23.03 | 2.22 | -22.65 | 0.35 | -2.78 | 17.52 | -14.08 | 5.88 | -14.66 | 122.22 | 3.26 | -22.22 | 0 | 5.30 | -3.33 | 23.25 | -1.98 |
| 2020 (7) | 0.60 | 1100.0 | 46.77 | 4.51 | 12.63 | 1873.44 | 7.24 | -16.78 | 10.75 | 4379.17 | 8.00 | 912.66 | 3.04 | 1025.93 | 2.87 | 925.0 | 0.36 | 12.5 | 20.39 | 75.93 | 6.89 | 14.83 | 118.37 | -60.54 | -18.37 | 0 | 5.48 | 0.44 | 23.72 | -14.8 |
| 2019 (6) | 0.05 | -93.42 | 44.75 | 2.85 | 0.64 | -86.47 | 8.70 | 54.35 | 0.24 | -97.24 | 0.79 | -92.71 | 0.27 | -92.82 | 0.28 | -92.11 | 0.32 | -3.03 | 11.59 | -36.7 | 6.00 | 8.7 | 300.00 | 455.0 | -200.00 | 0 | 5.46 | 12.21 | 27.84 | -5.02 |
| 2018 (5) | 0.76 | -21.65 | 43.51 | -9.69 | 4.73 | -61.92 | 5.63 | 67.25 | 8.71 | -43.22 | 10.83 | -12.73 | 3.76 | -23.42 | 3.55 | -23.16 | 0.33 | -10.81 | 18.31 | -20.22 | 5.52 | -14.42 | 54.05 | -33.12 | 45.95 | 139.58 | 4.86 | 0 | 29.31 | 7.36 |
| 2017 (4) | 0.97 | 6.59 | 48.18 | 2.53 | 12.42 | 12.6 | 3.37 | 5.86 | 15.34 | 18.27 | 12.41 | 1.97 | 4.91 | 7.44 | 4.62 | 7.69 | 0.37 | 5.71 | 22.95 | 8.56 | 6.45 | 5.22 | 80.82 | -5.98 | 19.18 | 21.46 | 0.00 | 0 | 27.30 | -8.51 |
| 2016 (3) | 0.91 | 18.18 | 46.99 | -0.76 | 11.03 | -2.56 | 3.18 | 2.5 | 12.97 | 5.62 | 12.17 | 22.31 | 4.57 | 21.87 | 4.29 | 22.22 | 0.35 | 0.0 | 21.14 | 3.63 | 6.13 | -13.17 | 85.96 | -7.29 | 15.79 | 117.11 | 0.00 | 0 | 29.84 | -0.2 |
| 2015 (2) | 0.77 | -30.0 | 47.35 | -7.28 | 11.32 | -20.62 | 3.10 | -15.02 | 12.28 | -30.5 | 9.95 | -33.58 | 3.75 | -29.78 | 3.51 | -30.63 | 0.35 | 2.94 | 20.40 | -22.96 | 7.06 | 11.01 | 92.73 | 15.16 | 7.27 | -62.67 | 0.00 | 0 | 29.90 | -6.45 |
| 2014 (1) | 1.10 | -9.84 | 51.07 | 0 | 14.26 | 0 | 3.65 | 5.94 | 17.67 | 0 | 14.98 | 0 | 5.34 | 0 | 5.06 | 0 | 0.34 | -5.56 | 26.48 | -4.02 | 6.36 | 41.02 | 80.52 | -10.31 | 19.48 | 90.48 | 0.00 | 0 | 31.96 | 6.39 |
