- 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 | |||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24Q4 (20) | 0.50 | 363.16 | 150.0 | 37.32 | 18.51 | 42.99 | 6.84 | 422.14 | 557.69 | 7.58 | 392.66 | 457.35 | 5.42 | 352.09 | 213.29 | 2.10 | 359.26 | 172.73 | 1.65 | 405.56 | 175.0 | 0.30 | 7.14 | 0.0 | 10.23 | 1867.31 | 144.74 | 27.66 | -18.14 | -36.98 | 91.11 | 270.83 | 30.16 | 8.89 | -93.94 | -55.56 | 13.02 | -14.68 | -2.47 |
| 24Q3 (19) | -0.19 | 81.9 | 44.12 | 31.49 | 73.31 | 77.21 | 1.31 | 109.77 | 555.0 | -2.59 | 81.66 | -554.39 | -2.15 | 80.0 | -16.22 | -0.81 | 82.39 | 37.21 | -0.54 | 82.97 | 30.77 | 0.28 | -6.67 | -34.88 | 0.52 | 104.62 | -75.81 | 33.79 | -11.5 | -41.32 | -53.33 | -155.84 | -260.0 | 146.67 | 3163.33 | 120.0 | 15.26 | -7.06 | 69.56 |
| 24Q2 (18) | -1.05 | -50.0 | -151.98 | 18.17 | 17.23 | -29.16 | -13.41 | -40.27 | -224.4 | -14.12 | -66.12 | -227.78 | -10.75 | -54.23 | -220.38 | -4.60 | -64.29 | -164.07 | -3.17 | -73.22 | -178.66 | 0.30 | 11.11 | -31.82 | -11.25 | -113.88 | -189.43 | 38.18 | -24.1 | -43.67 | 95.51 | -14.37 | -1.64 | 4.49 | 138.95 | 106.74 | 16.42 | 9.83 | 89.61 |
| 24Q1 (17) | -0.70 | -450.0 | -142.42 | 15.50 | -40.61 | -30.68 | -9.56 | -1019.23 | -212.34 | -8.50 | -725.0 | -203.16 | -6.97 | -502.89 | -208.57 | -2.80 | -463.64 | -146.59 | -1.83 | -405.0 | -157.55 | 0.27 | -10.0 | -44.9 | -5.26 | -225.84 | -155.78 | 50.30 | 14.6 | -46.8 | 111.54 | 59.34 | 7.85 | -11.54 | -157.69 | -237.5 | 14.95 | 11.99 | 117.61 |
| 23Q4 (16) | 0.20 | 158.82 | -92.06 | 26.10 | 46.88 | -1.88 | 1.04 | 420.0 | -90.59 | 1.36 | 138.6 | -86.51 | 1.73 | 193.51 | -78.35 | 0.77 | 159.69 | -91.12 | 0.60 | 176.92 | -86.55 | 0.30 | -30.23 | -46.43 | 4.18 | 94.42 | -62.34 | 43.89 | -23.78 | -49.32 | 70.00 | 110.0 | -35.97 | 20.00 | -70.0 | 314.67 | 13.35 | 48.33 | 67.5 |
| 23Q3 (15) | -0.34 | -116.83 | -112.01 | 17.77 | -30.72 | -34.04 | 0.20 | -98.14 | -98.13 | 0.57 | -94.84 | -95.13 | -1.85 | -120.72 | -119.35 | -1.29 | -117.97 | -109.12 | -0.78 | -119.35 | -111.03 | 0.43 | -2.27 | -41.89 | 2.15 | -82.91 | -82.95 | 57.58 | -15.05 | -44.78 | 33.33 | -65.67 | -63.41 | 66.67 | 2966.67 | 649.02 | 9.00 | 3.93 | 60.43 |
| 23Q2 (14) | 2.02 | 22.42 | -59.92 | 25.65 | 14.71 | -14.73 | 10.78 | 26.67 | 6.73 | 11.05 | 34.1 | -0.18 | 8.93 | 39.1 | -7.56 | 7.18 | 19.47 | -71.35 | 4.03 | 26.73 | -67.05 | 0.44 | -10.2 | -65.08 | 12.58 | 33.4 | 2.11 | 67.78 | -28.31 | -41.06 | 97.10 | -6.11 | 6.45 | 2.17 | 163.59 | -75.24 | 8.66 | 26.06 | 31.21 |
| 23Q1 (13) | 1.65 | -34.52 | 0 | 22.36 | -15.94 | 0 | 8.51 | -22.99 | 0 | 8.24 | -18.25 | 0 | 6.42 | -19.65 | 0 | 6.01 | -30.68 | 0 | 3.18 | -28.7 | 0 | 0.49 | -12.5 | 0 | 9.43 | -15.05 | 0 | 94.54 | 9.17 | 0 | 103.42 | -5.4 | 0 | -3.42 | 63.3 | 0 | 6.87 | -13.8 | 0 |
| 22Q4 (12) | 2.52 | -10.95 | 0 | 26.60 | -1.26 | 0 | 11.05 | 3.56 | 0 | 10.08 | -13.85 | 0 | 7.99 | -16.42 | 0 | 8.67 | -38.73 | 0 | 4.46 | -36.92 | 0 | 0.56 | -24.32 | 0 | 11.10 | -11.97 | 0 | 86.60 | -16.95 | 0 | 109.32 | 20.0 | 0 | -9.32 | -204.68 | 0 | 7.97 | 42.07 | 0 |
| 22Q3 (11) | 2.83 | -43.85 | 0 | 26.94 | -10.44 | 0 | 10.67 | 5.64 | 0 | 11.70 | 5.69 | 0 | 9.56 | -1.04 | 0 | 14.15 | -43.54 | 0 | 7.07 | -42.19 | 0 | 0.74 | -41.27 | 0 | 12.61 | 2.35 | 0 | 104.28 | -9.31 | 0 | 91.10 | -0.13 | 0 | 8.90 | 1.39 | 0 | 5.61 | -15.0 | 0 |
| 22Q2 (10) | 5.04 | 0 | 0 | 30.08 | 0 | 0 | 10.10 | 0 | 0 | 11.07 | 0 | 0 | 9.66 | 0 | 0 | 25.06 | 0 | 0 | 12.23 | 0 | 0 | 1.26 | 0 | 0 | 12.32 | 0 | 0 | 114.99 | 0 | 0 | 91.22 | 0 | 0 | 8.78 | 0 | 0 | 6.60 | 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 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 (10) | -1.40 | 0 | 25.41 | 11.79 | -3.92 | 0 | 2.70 | 86.88 | -4.59 | 0 | -3.75 | 0 | -5.71 | 0 | -4.00 | 0 | 1.12 | -35.63 | -1.54 | 0 | 27.66 | -36.98 | 85.45 | -12.61 | 14.55 | 556.97 | 0.40 | 33.24 | 14.93 | 67.19 |
| 2023 (9) | 3.20 | -68.44 | 22.73 | -19.31 | 5.89 | -44.12 | 1.44 | 46.95 | 6.02 | -45.12 | 4.32 | -52.84 | 12.36 | -71.78 | 7.68 | -66.94 | 1.74 | -31.23 | 7.66 | -36.48 | 43.89 | -49.32 | 97.79 | 1.76 | 2.21 | -43.36 | 0.30 | 73.65 | 8.93 | 33.28 |
| 2022 (8) | 10.14 | 781.74 | 28.17 | 6.14 | 10.54 | 321.6 | 0.98 | -19.13 | 10.97 | 454.04 | 9.16 | 451.81 | 43.80 | 563.64 | 23.23 | 524.46 | 2.53 | 22.22 | 12.06 | 249.57 | 86.60 | -8.55 | 96.09 | -23.62 | 3.91 | 0 | 0.17 | 0 | 6.70 | -29.77 |
| 2021 (7) | 1.15 | -32.35 | 26.54 | 10.68 | 2.50 | -30.94 | 1.21 | -29.43 | 1.98 | -46.63 | 1.66 | -46.28 | 6.60 | -36.35 | 3.72 | -37.16 | 2.07 | 14.36 | 3.45 | -39.69 | 94.70 | 7.65 | 125.81 | 30.0 | -25.81 | 0 | 0.00 | 0 | 9.54 | -28.38 |
| 2020 (6) | 1.70 | 24.09 | 23.98 | 5.55 | 3.62 | 18.3 | 1.72 | 12.14 | 3.71 | 8.48 | 3.09 | 13.6 | 10.37 | 14.71 | 5.92 | 15.18 | 1.81 | 4.02 | 5.72 | 7.72 | 87.97 | 6.46 | 96.77 | 7.83 | 2.15 | -79.03 | 0.00 | 0 | 13.32 | -4.72 |
| 2019 (5) | 1.37 | 42.71 | 22.72 | -2.07 | 3.06 | -27.83 | 1.54 | -15.19 | 3.42 | 17.93 | 2.72 | 38.78 | 9.04 | 32.94 | 5.14 | 48.99 | 1.74 | 8.07 | 5.31 | 5.78 | 82.63 | -17.42 | 89.74 | -38.9 | 10.26 | 0 | 0.00 | 0 | 13.98 | 3.94 |
| 2018 (4) | 0.96 | 0 | 23.20 | 12.4 | 4.24 | 205.04 | 1.81 | -23.81 | 2.90 | 0 | 1.96 | 0 | 6.80 | 0 | 3.45 | 0 | 1.61 | 12.59 | 5.02 | 0 | 100.06 | -23.87 | 146.88 | 0 | -46.88 | 0 | 0.00 | 0 | 13.45 | 5.24 |
| 2017 (3) | -1.35 | 0 | 20.64 | 32.48 | 1.39 | 0 | 2.38 | 5.2 | -3.06 | 0 | -3.83 | 0 | -12.88 | 0 | -4.94 | 0 | 1.43 | 5.15 | -0.05 | 0 | 131.44 | -5.72 | -46.27 | 0 | 144.78 | 1257.28 | 0.00 | 0 | 12.78 | -0.85 |
| 2016 (2) | -1.44 | 0 | 15.58 | 0 | -2.70 | 0 | 2.26 | 0 | -3.03 | 0 | -3.12 | 0 | -10.57 | 0 | -3.75 | 0 | 1.36 | 0 | -0.12 | 0 | 139.41 | 0 | 89.33 | 0 | 10.67 | 0 | 0.00 | 0 | 12.89 | 0 |
