- 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) | 0.09 | 139.13 | 0 | 19.45 | 9.82 | -12.78 | 3.72 | 275.47 | 509.84 | 2.31 | 250.0 | 32.0 | 0.82 | 129.93 | 4000.0 | 0.20 | 138.46 | 0 | 0.22 | 200.0 | 120.0 | 0.14 | 16.67 | 7.69 | 10.11 | 35.7 | 11.71 | 69.81 | 14.12 | 3.41 | 163.64 | 22.73 | 336.36 | -63.64 | -90.91 | -201.82 | 15.86 | -24.37 | 35.79 |
| 24Q2 (19) | -0.23 | 39.47 | -176.67 | 17.71 | 3.51 | -9.83 | -2.12 | 48.17 | -30.06 | -1.54 | 64.35 | -631.03 | -2.74 | 47.21 | -169.37 | -0.52 | 39.53 | -175.36 | -0.22 | 48.84 | -143.14 | 0.12 | 20.0 | 20.0 | 7.45 | 26.7 | -22.8 | 61.17 | 1.33 | -13.6 | 133.33 | 43.59 | 122.22 | -33.33 | -566.67 | -104.76 | 20.97 | -5.41 | -7.58 |
| 24Q1 (18) | -0.38 | -1800.0 | -2.7 | 17.11 | -20.71 | -4.36 | -4.09 | -333.71 | -23.19 | -4.32 | -361.82 | -7.46 | -5.19 | -2259.09 | -6.79 | -0.86 | -1620.0 | -7.5 | -0.43 | -714.29 | -10.26 | 0.10 | -23.08 | 0.0 | 5.88 | -39.0 | 4.26 | 60.37 | -2.68 | -4.75 | 92.86 | -7.14 | 18.18 | 7.14 | 0 | -50.0 | 22.17 | -0.54 | 3.07 |
| 23Q4 (17) | -0.02 | 0 | 92.0 | 21.58 | -3.23 | 20.63 | 1.75 | 186.89 | 346.48 | 1.65 | -5.71 | 183.76 | -0.22 | -1200.0 | 92.0 | -0.05 | 0 | 90.57 | 0.07 | -30.0 | 138.89 | 0.13 | 0.0 | 18.18 | 9.64 | 6.52 | 44.53 | 62.03 | -8.12 | -16.37 | 100.00 | 166.67 | 166.67 | 0.00 | -100.0 | -100.0 | 22.29 | 90.84 | 15.07 |
| 23Q3 (16) | 0.00 | -100.0 | -100.0 | 22.30 | 13.54 | -21.86 | 0.61 | 137.42 | -94.7 | 1.75 | 503.45 | -89.97 | 0.02 | -99.49 | -99.88 | 0.00 | -100.0 | -100.0 | 0.10 | -80.39 | -96.14 | 0.13 | 30.0 | -13.33 | 9.05 | -6.22 | -61.96 | 67.51 | -4.65 | -17.15 | 37.50 | 106.25 | -42.58 | 62.50 | -91.07 | 85.61 | 11.68 | -48.52 | -31.37 |
| 23Q2 (15) | 0.30 | 181.08 | -73.91 | 19.64 | 9.78 | -25.94 | -1.63 | 50.9 | -116.28 | 0.29 | 107.21 | -97.76 | 3.95 | 181.28 | -60.5 | 0.69 | 186.25 | -72.51 | 0.51 | 230.77 | -63.31 | 0.10 | 0.0 | -23.08 | 9.65 | 71.1 | -50.89 | 70.80 | 11.71 | -25.1 | -600.00 | -863.64 | -888.24 | 700.00 | 4800.0 | 3026.67 | 22.69 | 5.49 | 13.68 |
| 23Q1 (14) | -0.37 | -48.0 | -127.41 | 17.89 | 0.0 | -36.24 | -3.32 | -367.61 | -123.66 | -4.02 | -104.06 | -127.25 | -4.86 | -76.73 | -146.82 | -0.80 | -50.94 | -126.85 | -0.39 | -116.67 | -123.78 | 0.10 | -9.09 | -33.33 | 5.64 | -15.44 | -72.69 | 63.38 | -14.55 | -28.21 | 78.57 | 109.52 | -17.6 | 14.29 | -77.14 | 207.14 | 21.51 | 11.05 | 27.13 |
| 22Q4 (13) | -0.25 | -111.68 | -117.24 | 17.89 | -37.32 | -36.67 | -0.71 | -106.17 | -105.85 | -1.97 | -111.3 | -115.51 | -2.75 | -116.13 | -128.23 | -0.53 | -111.4 | -115.68 | -0.18 | -106.95 | -109.63 | 0.11 | -26.67 | -38.89 | 6.67 | -71.96 | -62.94 | 74.17 | -8.97 | -20.05 | 37.50 | -42.58 | -60.62 | 62.50 | 85.61 | 1212.5 | 19.37 | 13.81 | 12.75 |
| 22Q3 (12) | 2.14 | 86.09 | 25.88 | 28.54 | 7.62 | -1.18 | 11.50 | 14.89 | -19.41 | 17.44 | 34.78 | 13.76 | 17.05 | 70.5 | 28.97 | 4.65 | 85.26 | 16.83 | 2.59 | 86.33 | 11.16 | 0.15 | 15.38 | -11.76 | 23.79 | 21.07 | 11.53 | 81.48 | -13.81 | -2.33 | 65.31 | -14.21 | -29.92 | 33.67 | 50.41 | 393.88 | 17.02 | -14.73 | 15.16 |
| 22Q2 (11) | 1.15 | -14.81 | 194.87 | 26.52 | -5.49 | 14.71 | 10.01 | -28.65 | 51.21 | 12.94 | -12.27 | 136.56 | 10.00 | -3.66 | 159.07 | 2.51 | -15.77 | 178.89 | 1.39 | -15.24 | 135.59 | 0.13 | -13.33 | -7.14 | 19.65 | -4.84 | 54.12 | 94.53 | 7.08 | 40.13 | 76.12 | -20.17 | -36.57 | 22.39 | 381.34 | 211.94 | 19.96 | 17.97 | 1.37 |
| 22Q1 (10) | 1.35 | -6.9 | -20.12 | 28.06 | -0.67 | -2.06 | 14.03 | 15.57 | -13.29 | 14.75 | 16.14 | -11.09 | 10.38 | 6.57 | -17.16 | 2.98 | -11.83 | -24.94 | 1.64 | -12.3 | -30.21 | 0.15 | -16.67 | -16.67 | 20.65 | 14.72 | -8.18 | 88.28 | -4.84 | 31.66 | 95.35 | 0.12 | -2.64 | 4.65 | -2.33 | 125.58 | 16.92 | -1.51 | -7.03 |
| 21Q4 (9) | 1.45 | -14.71 | -24.08 | 28.25 | -2.18 | -14.78 | 12.14 | -14.93 | -35.49 | 12.70 | -17.16 | -14.54 | 9.74 | -26.32 | -24.26 | 3.38 | -15.08 | -30.45 | 1.87 | -19.74 | -35.07 | 0.18 | 5.88 | -18.18 | 18.00 | -15.61 | -9.14 | 92.77 | 11.21 | 15.69 | 95.24 | 2.21 | -25.23 | 4.76 | -30.16 | 118.1 | 17.18 | 16.24 | 13.93 |
| 21Q3 (8) | 1.70 | 335.9 | -14.57 | 28.88 | 24.91 | -14.81 | 14.27 | 115.56 | -34.15 | 15.33 | 180.26 | -20.24 | 13.22 | 242.49 | -4.2 | 3.98 | 342.22 | -26.97 | 2.33 | 294.92 | -29.39 | 0.17 | 21.43 | -29.17 | 21.33 | 67.29 | -10.94 | 83.42 | 23.66 | 32.39 | 93.18 | -22.35 | -17.17 | 6.82 | 134.09 | 154.55 | 14.78 | -24.94 | -12.6 |
| 21Q2 (7) | 0.39 | -76.92 | -84.21 | 23.12 | -19.3 | -41.04 | 6.62 | -59.09 | -74.29 | 5.47 | -67.03 | -78.35 | 3.86 | -69.19 | -79.9 | 0.90 | -77.33 | -87.27 | 0.59 | -74.89 | -86.44 | 0.14 | -22.22 | -36.36 | 12.75 | -43.31 | -58.06 | 67.46 | 0.61 | -3.26 | 120.00 | 22.53 | 17.48 | -20.00 | -1070.0 | -833.33 | 19.69 | 8.19 | 0 |
| 21Q1 (6) | 1.69 | -11.52 | 745.0 | 28.65 | -13.57 | 11.22 | 16.18 | -14.03 | 317.01 | 16.59 | 11.64 | 290.35 | 12.53 | -2.57 | 277.41 | 3.97 | -18.31 | 596.49 | 2.35 | -18.4 | 487.5 | 0.18 | -18.18 | 63.64 | 22.49 | 13.53 | 43.98 | 67.05 | -16.39 | 16.1 | 97.94 | -23.11 | 7.73 | 2.06 | 107.84 | -77.32 | 18.20 | 20.69 | 0 |
| 20Q4 (5) | 1.91 | -4.02 | 85.44 | 33.15 | -2.21 | 12.83 | 18.82 | -13.15 | 55.02 | 14.86 | -22.68 | 12.32 | 12.86 | -6.81 | 20.41 | 4.86 | -10.83 | 64.19 | 2.88 | -12.73 | 52.38 | 0.22 | -8.33 | 29.41 | 19.81 | -17.29 | -0.7 | 80.19 | 27.27 | 32.79 | 127.37 | 13.22 | 40.11 | -26.32 | -110.53 | -389.47 | 15.08 | -10.82 | -41.35 |
| 20Q3 (4) | 1.99 | -19.43 | 0.0 | 33.90 | -13.54 | 0.0 | 21.67 | -15.84 | 0.0 | 19.22 | -23.91 | 0.0 | 13.80 | -28.12 | 0.0 | 5.45 | -22.91 | 0.0 | 3.30 | -24.14 | 0.0 | 0.24 | 9.09 | 0.0 | 23.95 | -21.22 | 0.0 | 63.01 | -9.64 | 0.0 | 112.50 | 10.14 | 0.0 | -12.50 | -483.33 | 0.0 | 16.91 | 0 | 0.0 |
| 20Q2 (3) | 2.47 | 1135.0 | 0.0 | 39.21 | 52.21 | 0.0 | 25.75 | 563.66 | 0.0 | 25.26 | 494.35 | 0.0 | 19.20 | 478.31 | 0.0 | 7.07 | 1140.35 | 0.0 | 4.35 | 987.5 | 0.0 | 0.22 | 100.0 | 0.0 | 30.40 | 94.62 | 0.0 | 69.73 | 20.74 | 0.0 | 102.14 | 12.36 | 0.0 | -2.14 | -123.57 | 0.0 | 0.00 | 0 | 0.0 |
| 20Q1 (2) | 0.20 | -80.58 | 0.0 | 25.76 | -12.32 | 0.0 | 3.88 | -68.04 | 0.0 | 4.25 | -67.88 | 0.0 | 3.32 | -68.91 | 0.0 | 0.57 | -80.74 | 0.0 | 0.40 | -78.84 | 0.0 | 0.11 | -35.29 | 0.0 | 15.62 | -21.7 | 0.0 | 57.75 | -4.37 | 0.0 | 90.91 | 0.0 | 0.0 | 9.09 | 0.0 | 0.0 | 0.00 | -100.0 | 0.0 |
| 19Q4 (1) | 1.03 | 0.0 | 0.0 | 29.38 | 0.0 | 0.0 | 12.14 | 0.0 | 0.0 | 13.23 | 0.0 | 0.0 | 10.68 | 0.0 | 0.0 | 2.96 | 0.0 | 0.0 | 1.89 | 0.0 | 0.0 | 0.17 | 0.0 | 0.0 | 19.95 | 0.0 | 0.0 | 60.39 | 0.0 | 0.0 | 90.91 | 0.0 | 0.0 | 9.09 | 0.0 | 0.0 | 25.71 | 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) | -0.08 | 0 | 20.53 | -20.43 | -0.45 | 0 | 7.34 | 27.14 | 0.12 | -98.98 | -0.24 | 0 | -0.19 | 0 | 0.26 | -95.47 | 0.46 | -17.86 | 8.59 | -53.57 | 62.03 | -16.37 | -350.00 | 0 | 450.00 | 2217.02 | 0.06 | -23.57 | 19.21 | 5.61 |
| 2022 (9) | 4.40 | -15.71 | 25.80 | -6.15 | 9.44 | -25.14 | 5.78 | 5.18 | 11.74 | -9.13 | 9.52 | -6.3 | 9.79 | -21.43 | 5.74 | -16.81 | 0.56 | -15.15 | 18.50 | -2.06 | 74.17 | -20.05 | 80.17 | -17.88 | 19.42 | 715.7 | 0.08 | 215.6 | 18.19 | 4.9 |
| 2021 (8) | 5.22 | -20.43 | 27.49 | -19.34 | 12.61 | -35.96 | 5.49 | 0.85 | 12.92 | -26.76 | 10.16 | -25.62 | 12.46 | -28.31 | 6.90 | -33.07 | 0.66 | -10.81 | 18.89 | -19.17 | 92.77 | 15.69 | 97.62 | -12.64 | 2.38 | 0 | 0.03 | -57.89 | 17.34 | 3.4 |
| 2020 (7) | 6.56 | 83.75 | 34.08 | 11.3 | 19.69 | 58.92 | 5.45 | -19.78 | 17.64 | 43.18 | 13.66 | 30.47 | 17.38 | 68.9 | 10.31 | 56.69 | 0.74 | 19.35 | 23.37 | 19.97 | 80.19 | 32.79 | 111.75 | 11.14 | -11.48 | 0 | 0.06 | -23.86 | 16.77 | -23.07 |
| 2019 (6) | 3.57 | -18.86 | 30.62 | -7.21 | 12.39 | -10.09 | 6.79 | 27.23 | 12.32 | -20.52 | 10.47 | -11.72 | 10.29 | -21.21 | 6.58 | -18.06 | 0.62 | -7.46 | 19.48 | -7.28 | 60.39 | 3.0 | 100.55 | 13.06 | -0.55 | 0 | 0.08 | -1.58 | 21.80 | -13.66 |
| 2018 (5) | 4.40 | 95.56 | 33.00 | 21.77 | 13.78 | 27.71 | 5.34 | -9.03 | 15.50 | 51.81 | 11.86 | 91.6 | 13.06 | 87.11 | 8.03 | 99.75 | 0.67 | 6.35 | 21.01 | 28.82 | 58.63 | -16.41 | 88.94 | -15.78 | 11.06 | 0 | 0.08 | 0 | 25.25 | 8.74 |
| 2017 (4) | 2.25 | 25.0 | 27.10 | 21.63 | 10.79 | 164.46 | 5.87 | 0.07 | 10.21 | 52.84 | 6.19 | 29.23 | 6.98 | 33.46 | 4.02 | 30.52 | 0.63 | 1.61 | 16.31 | 26.04 | 70.14 | -18.02 | 105.59 | 72.29 | -5.59 | 0 | 0.00 | 0 | 23.22 | -7.12 |
| 2016 (3) | 1.80 | -17.81 | 22.28 | -6.15 | 4.08 | -33.33 | 5.86 | -6.16 | 6.68 | 5.86 | 4.79 | 15.14 | 5.23 | 9.64 | 3.08 | 5.84 | 0.62 | -7.46 | 12.94 | -2.49 | 85.56 | 26.25 | 61.29 | -36.75 | 38.71 | 1151.61 | 0.00 | 0 | 25.00 | 4.38 |
| 2015 (2) | 2.19 | 28.82 | 23.74 | 7.42 | 6.12 | 34.21 | 6.25 | 10.79 | 6.31 | 35.7 | 4.16 | 69.11 | 4.77 | 64.48 | 2.91 | 51.56 | 0.67 | -6.94 | 13.27 | 24.37 | 67.77 | -11.06 | 96.91 | -1.67 | 3.09 | 113.4 | 0.00 | 0 | 23.95 | -6.23 |
| 2014 (1) | 1.70 | -43.14 | 22.10 | 0 | 4.56 | 0 | 5.64 | 32.08 | 4.65 | 0 | 2.46 | 0 | 2.90 | 0 | 1.92 | 0 | 0.72 | -18.18 | 10.67 | -28.96 | 76.20 | 55.0 | 98.55 | -9.33 | 1.45 | 0 | 0.00 | 0 | 25.54 | -9.5 |
