- 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) | -0.07 | 93.52 | 46.15 | -601.37 | -96.68 | -826.64 | -1309.18 | 27.3 | -185.77 | -1318.05 | 26.2 | -945.66 | -1318.05 | 26.2 | -946.57 | -10.26 | 12.01 | -290.11 | -9.62 | 6.78 | -353.77 | 0.01 | 0.0 | -50.0 | -1250.00 | 34.21 | -2400.0 | 5.56 | -24.66 | -62.53 | 100.00 | 0.0 | -77.78 | -0.00 | 0 | 100.0 | 0.00 | -100.0 | -100.0 |
| 24Q2 (19) | -1.08 | -71.43 | -468.42 | -305.76 | -2969.88 | -164.57 | -1800.89 | -45.36 | -95.01 | -1785.92 | -57.56 | -96.63 | -1785.92 | -57.56 | -96.74 | -11.66 | 17.95 | -4.48 | -10.32 | 5.93 | -16.48 | 0.01 | 0.0 | 0.0 | -1900.00 | -90.0 | -90.0 | 7.38 | -75.64 | -74.46 | 100.00 | -8.33 | 0.0 | -0.00 | 100.0 | 0 | 555.09 | -18.69 | -0.37 |
| 24Q1 (18) | -0.63 | 8.7 | -2000.0 | -9.96 | 85.97 | -110.17 | -1238.93 | -43.74 | -169.13 | -1133.50 | -56.83 | -955.01 | -1133.50 | -56.83 | -949.73 | -14.21 | 1.93 | -589.81 | -10.97 | 8.51 | -626.49 | 0.01 | -50.0 | 0.0 | -1000.00 | -81.82 | 0 | 30.30 | 11.77 | 33.07 | 109.09 | -12.73 | -68.83 | -9.09 | 45.45 | 96.36 | 682.70 | 127.04 | 91.14 |
| 23Q4 (17) | -0.69 | -430.77 | -228.57 | -70.98 | -185.77 | -374.69 | -861.90 | -88.14 | -6.05 | -722.74 | -473.38 | 9.7 | -722.74 | -473.88 | 9.7 | -14.49 | -450.95 | 22.64 | -11.99 | -465.57 | -0.08 | 0.02 | 0.0 | 0.0 | -550.00 | -1000.0 | 31.25 | 27.11 | 82.68 | -54.04 | 125.00 | -72.22 | 25.0 | -16.67 | 94.44 | 0 | 300.70 | -23.55 | -43.57 |
| 23Q3 (16) | -0.13 | 31.58 | 38.1 | 82.76 | 171.61 | 131.89 | -458.12 | 50.39 | 57.94 | -126.05 | 86.12 | 88.12 | -125.94 | 86.13 | 88.15 | -2.63 | 76.43 | 85.77 | -2.12 | 76.07 | 81.68 | 0.02 | 100.0 | 100.0 | -50.00 | 95.0 | 92.86 | 14.84 | -48.65 | -71.86 | 450.00 | 350.0 | 350.0 | -300.00 | 0 | 0 | 393.34 | -29.4 | -38.36 |
| 23Q2 (15) | -0.19 | -533.33 | 44.12 | -115.57 | -217.96 | -51.71 | -923.48 | -100.6 | -61.77 | -908.25 | -745.36 | -27.69 | -907.74 | -740.66 | -27.69 | -11.16 | -441.75 | 60.43 | -8.86 | -486.75 | 49.92 | 0.01 | 0.0 | -50.0 | -1000.00 | 0 | -42.86 | 28.90 | 26.92 | -56.14 | 100.00 | -71.43 | 23.08 | -0.00 | 100.0 | -100.0 | 557.15 | 55.99 | 102.47 |
| 23Q1 (14) | -0.03 | 85.71 | 93.62 | 97.97 | 279.14 | 147.73 | -460.35 | 43.36 | 41.54 | -107.44 | 86.58 | 90.15 | -107.98 | 86.51 | 90.09 | -2.06 | 89.0 | 92.92 | -1.51 | 87.4 | 92.26 | 0.01 | -50.0 | -50.0 | 0.00 | 100.0 | 100.0 | 22.77 | -61.4 | -57.65 | 350.00 | 250.0 | 403.12 | -250.00 | 0 | -1058.33 | 357.17 | -32.97 | 32.31 |
| 22Q4 (13) | -0.21 | 0.0 | -320.0 | 25.84 | -27.6 | 28611.11 | -812.73 | 25.38 | 50.29 | -800.39 | 24.54 | -281.96 | -800.39 | 24.66 | -281.96 | -18.73 | -1.35 | -617.62 | -11.98 | -3.54 | -580.68 | 0.02 | 100.0 | 100.0 | -800.00 | -14.29 | -500.0 | 58.99 | 11.87 | 30.77 | 100.00 | 0.0 | -88.89 | -0.00 | 0 | 100.0 | 532.84 | -16.49 | -47.77 |
| 22Q3 (12) | -0.21 | 38.24 | -133.33 | 35.69 | 146.85 | 256.54 | -1089.23 | -90.81 | -178.15 | -1060.72 | -49.12 | -704.55 | -1062.35 | -49.44 | -709.04 | -18.48 | 34.47 | -306.15 | -11.57 | 34.6 | -275.65 | 0.01 | -50.0 | -50.0 | -700.00 | 0.0 | 0 | 52.73 | -19.97 | 17.52 | 100.00 | 23.08 | -69.23 | -0.00 | -100.0 | 100.0 | 638.08 | 131.88 | 205.1 |
| 22Q2 (11) | -0.34 | 27.66 | -161.54 | -76.18 | 62.89 | -535.89 | -570.85 | 27.5 | -15.17 | -711.32 | 34.77 | -280.77 | -710.89 | 34.78 | -279.14 | -28.20 | 3.03 | -348.33 | -17.69 | 9.33 | -313.32 | 0.02 | 0.0 | 0.0 | -700.00 | 26.32 | -949.95 | 65.89 | 22.56 | 42.5 | 81.25 | 16.8 | -69.53 | 18.75 | -28.12 | 111.25 | 275.18 | 1.94 | 14.58 |
| 22Q1 (10) | -0.47 | -840.0 | -422.22 | -205.28 | -228188.89 | -688.53 | -787.42 | 51.84 | -112.14 | -1090.46 | -420.38 | -1260.35 | -1090.03 | -420.18 | -1262.54 | -29.08 | -1014.18 | -634.34 | -19.51 | -1008.52 | -662.11 | 0.02 | 100.0 | -33.33 | -950.00 | -575.0 | -4850.0 | 53.76 | 19.18 | 19.49 | 69.57 | -92.27 | -85.35 | 26.09 | 103.26 | 106.96 | 269.94 | -73.54 | 21.27 |
| 21Q4 (9) | -0.05 | 44.44 | 94.51 | 0.09 | -99.1 | 103.56 | -1634.91 | -317.49 | -658.41 | -209.55 | -58.94 | 28.38 | -209.55 | -59.58 | 28.39 | -2.61 | 42.64 | 91.95 | -1.76 | 42.86 | 91.79 | 0.01 | -50.0 | -85.71 | 200.00 | 0 | 180.0 | 45.11 | 0.53 | -24.62 | 900.00 | 176.92 | 1130.0 | -800.00 | -300.0 | -3081.82 | 1020.09 | 387.75 | 704.74 |
| 21Q3 (8) | -0.09 | 30.77 | 92.44 | 10.01 | 183.56 | -35.54 | -391.60 | 20.99 | 27.44 | -131.84 | 29.43 | 79.96 | -131.31 | 29.97 | 80.04 | -4.55 | 27.66 | 86.31 | -3.08 | 28.04 | 87.47 | 0.02 | 0.0 | -50.0 | 0.00 | 100.0 | 100.0 | 44.87 | -2.96 | 0.97 | 325.00 | 21.88 | 291.48 | -200.00 | -20.0 | -1160.0 | 209.14 | -12.92 | -46.13 |
| 21Q2 (7) | -0.13 | -44.44 | -136.11 | -11.98 | -134.35 | -143.11 | -495.66 | -33.54 | -36.59 | -186.81 | -133.05 | -197.72 | -187.50 | -134.38 | -198.1 | -6.29 | -58.84 | -164.45 | -4.28 | -67.19 | -155.08 | 0.02 | -33.33 | -50.0 | -66.67 | -433.35 | -127.27 | 46.24 | 2.78 | 70.69 | 266.67 | -43.86 | 237.63 | -166.67 | 55.56 | -156.74 | 240.16 | 7.89 | 0 |
| 21Q1 (6) | -0.09 | 90.11 | 94.41 | 34.88 | 1478.66 | 444.15 | -371.18 | -72.19 | 93.36 | -80.16 | 72.6 | 99.15 | -80.00 | 72.66 | 99.16 | -3.96 | 87.78 | 89.35 | -2.56 | 88.06 | 91.73 | 0.03 | -57.14 | 0 | 20.00 | 108.0 | 100.29 | 44.99 | -24.82 | 80.76 | 475.00 | 549.17 | 695.35 | -375.00 | -1497.73 | -1000.0 | 222.60 | 75.61 | -94.57 |
| 20Q4 (5) | -0.91 | 23.53 | 62.86 | -2.53 | -116.29 | -103.86 | -215.57 | 60.05 | 93.6 | -292.59 | 55.53 | 94.91 | -292.61 | 55.53 | 95.17 | -32.41 | 2.5 | 5.65 | -21.44 | 12.81 | 16.02 | 0.07 | 75.0 | 0 | -250.00 | 58.33 | 96.15 | 59.84 | 34.65 | 257.47 | 73.17 | -11.86 | 24.93 | 26.83 | 42.2 | -35.24 | 126.76 | -67.35 | 0 |
| 20Q3 (4) | -1.19 | -430.56 | 0.0 | 15.53 | -44.12 | 0.0 | -539.66 | -48.72 | 0.0 | -657.90 | -444.14 | 0.0 | -657.96 | -444.25 | 0.0 | -33.24 | -440.57 | 0.0 | -24.59 | -416.47 | 0.0 | 0.04 | 0.0 | 0.0 | -600.00 | -345.46 | 0.0 | 44.44 | 64.05 | 0.0 | 83.02 | 142.85 | 0.0 | 18.87 | -93.58 | 0.0 | 388.20 | 0 | 0.0 |
| 20Q2 (3) | 0.36 | 122.36 | 0.0 | 27.79 | 333.54 | 0.0 | -362.88 | 93.51 | 0.0 | 191.17 | 102.02 | 0.0 | 191.13 | 102.02 | 0.0 | 9.76 | 126.24 | 0.0 | 7.77 | 125.1 | 0.0 | 0.04 | 0 | 0.0 | 244.44 | 103.59 | 0.0 | 27.09 | 8.84 | 0.0 | -193.75 | -424.42 | 0.0 | 293.75 | 605.0 | 0.0 | 0.00 | -100.0 | 0.0 |
| 20Q1 (2) | -1.61 | 34.29 | 0.0 | 6.41 | -90.22 | 0.0 | -5591.37 | -65.92 | 0.0 | -9476.47 | -64.79 | 0.0 | -9476.73 | -56.42 | 0.0 | -37.19 | -8.27 | 0.0 | -30.96 | -21.27 | 0.0 | 0.00 | 0 | 0.0 | -6800.00 | -4.62 | 0.0 | 24.89 | 48.69 | 0.0 | 59.72 | 1.96 | 0.0 | 41.67 | 0.57 | 0.0 | 4101.96 | 0 | 0.0 |
| 19Q4 (1) | -2.45 | 0.0 | 0.0 | 65.51 | 0.0 | 0.0 | -3369.97 | 0.0 | 0.0 | -5750.50 | 0.0 | 0.0 | -6058.66 | 0.0 | 0.0 | -34.35 | 0.0 | 0.0 | -25.53 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | -6500.00 | 0.0 | 0.0 | 16.74 | 0.0 | 0.0 | 58.57 | 0.0 | 0.0 | 41.43 | 0.0 | 0.0 | 0.00 | 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) | -1.51 | 0 | 7.05 | 0 | -656.37 | 0 | 83.33 | -35.19 | -431.74 | 0 | -431.74 | 0 | -41.03 | 0 | -29.20 | 0 | 0.07 | 16.67 | -366.67 | 0 | 27.11 | -54.04 | 151.85 | 79.19 | -51.85 | 0 | 1.00 | -15.0 | 390.65 | 4.36 |
| 2022 (9) | -1.22 | 0 | -81.37 | 0 | -758.53 | 0 | 128.57 | 11.43 | -896.88 | 0 | -896.82 | 0 | -82.90 | 0 | -55.00 | 0 | 0.06 | -33.33 | -700.00 | 0 | 58.99 | 30.77 | 84.75 | -78.17 | 15.25 | 0 | 1.18 | 51.76 | 374.33 | 27.43 |
| 2021 (8) | -0.35 | 0 | 13.43 | 26.58 | -519.45 | 0 | 115.38 | 110.41 | -132.14 | 0 | -132.13 | 0 | -17.36 | 0 | -11.18 | 0 | 0.09 | -35.71 | 7.69 | 0 | 45.11 | -24.62 | 388.24 | 293.48 | -288.24 | 0 | 0.78 | -56.33 | 293.75 | -12.2 |
| 2020 (7) | -3.34 | 0 | 10.61 | 847.32 | -470.64 | 0 | 54.84 | -90.03 | -479.67 | 0 | -479.71 | 0 | -89.43 | 0 | -68.56 | 0 | 0.14 | 1300.0 | -419.35 | 0 | 59.84 | 257.47 | 98.67 | 15.11 | 2.00 | -86.0 | 1.78 | 59.76 | 334.55 | -93.6 |
| 2019 (6) | -5.50 | 0 | 1.12 | -96.46 | -7734.80 | 0 | 550.00 | 4850.0 | -8991.79 | 0 | -9214.30 | 0 | -63.58 | 0 | -55.93 | 0 | 0.01 | -80.0 | -7300.00 | 0 | 16.74 | 51.77 | 85.71 | -17.38 | 14.29 | 0 | 1.11 | -11.39 | 5228.66 | 1424.08 |
| 2018 (5) | -1.56 | 0 | 31.66 | 238.61 | -450.70 | 0 | 11.11 | 305.56 | -431.81 | 0 | -424.17 | 0 | -23.92 | 0 | -21.63 | 0 | 0.05 | -68.75 | -416.67 | 0 | 11.03 | 7.82 | 103.75 | -8.11 | -3.75 | 0 | 1.25 | 0 | 343.07 | 430.41 |
| 2017 (4) | -1.37 | 0 | 9.35 | -68.32 | -96.04 | 0 | 2.74 | 217.81 | -85.06 | 0 | -93.74 | 0 | -17.14 | 0 | -15.41 | 0 | 0.16 | -27.27 | -80.82 | 0 | 10.23 | -15.52 | 112.90 | 59.09 | -12.90 | 0 | 0.00 | 0 | 64.68 | 59.59 |
| 2016 (3) | -1.30 | 0 | 29.51 | -12.74 | -38.19 | 0 | 0.86 | 11.21 | -52.91 | 0 | -56.01 | 0 | -13.62 | 0 | -12.25 | 0 | 0.22 | -12.0 | -50.00 | 0 | 12.11 | 15.89 | 70.97 | 0 | 27.42 | -79.35 | 0.00 | 0 | 40.53 | 37.02 |
| 2015 (2) | 2.30 | 15.0 | 33.82 | -6.29 | -30.96 | 0 | 0.78 | -46.77 | 94.62 | 56.97 | 89.11 | 83.17 | 24.89 | -11.71 | 22.07 | 7.71 | 0.25 | -40.48 | 96.12 | 52.31 | 10.45 | -33.73 | -32.79 | 0 | 132.79 | 22.88 | 0.00 | 0 | 29.58 | 79.82 |
| 2014 (1) | 2.00 | 3233.33 | 36.09 | 0 | -4.81 | 0 | 1.46 | -58.5 | 60.28 | 0 | 48.65 | 0 | 28.19 | 0 | 20.49 | 0 | 0.42 | -2.33 | 63.11 | 745.98 | 15.77 | -77.41 | -8.06 | 0 | 108.06 | -80.93 | 0.00 | 0 | 16.45 | 65.66 |
