三聯 5493 - 成長能力 - 財務分析

理想的成長型公司, 本業EPS的成長幅度會大於營收的成長幅度
營收到某個數字後, 本業EPS呈現不成比例的增加, 有可能是規模經濟的效應
如果是有淡旺季的公司, 是否有淡季不淡, 旺季更旺的情況
漲很多的股票要留意 EPS 較上季是否有大幅衰退的情況
如果EPS衰退，要觀察同業是不是有一樣的狀況
要留意增資減資和公司債對股本及EPS的影響

成長能力-近20季

	加權平均股數 QoQ YoY			EPS QoQ YoY			本業EPS QoQ YoY			累計EPS QoQ YoY			營收 QoQ YoY			毛利率(%) QoQ YoY			營業利益率 QoQ YoY			稅後淨利率 QoQ YoY			營業利益 QoQ YoY			稅後淨利 QoQ YoY			稅前淨利率(%) QoQ YoY			稅後淨利率(%) QoQ YoY			兩季平均(YOY)營收成長率(%)	兩季平均(YOY)EPS成長率(%)	兩季平均(YOY)本業EPS成長率(%)
24Q1 (20)	42	0.0	0.0	0.73	-71.26	-43.85	0.21	310.0	275.0	0.73	-88.8	-43.85	10.48	0.29	27.96	12.60	-17.38	-13.34	6.08	9.35	8.38	6.53	-53.36	-39.65	0.64	10.34	39.13	0.3	-71.7	-44.44	8.12	-49.38	-36.46	6.53	-53.36	-39.65	3.62	-23.68	96.94
23Q4 (19)	42	0.0	0.0	2.54	23.9	370.37	-0.10	-116.13	-400.0	6.52	63.82	54.5	10.45	6.96	3.57	15.25	4.88	10.67	5.56	-34.28	79.35	14.00	2.41	240.63	0.58	-30.12	87.1	1.06	24.71	381.82	16.04	10.47	196.49	14.00	2.41	240.63	10.15	124.65	-1.17
23Q3 (18)	42	0.0	0.0	2.05	225.4	162.82	0.62	113.79	785.71	3.98	106.22	8.15	9.77	13.34	0.0	14.54	-4.28	-7.68	8.46	24.96	24.96	13.67	117.68	75.03	0.83	43.1	25.76	0.85	226.92	165.62	14.52	73.27	49.54	13.67	117.68	75.03	9.29	86.93	227.73
23Q2 (17)	42	0.0	2.44	0.63	-51.54	-64.8	0.29	341.67	-19.44	1.93	48.46	-33.68	8.62	5.25	-10.21	15.19	4.47	-18.73	6.77	20.68	-40.51	6.28	-41.96	-57.34	0.58	26.09	-46.79	0.26	-51.85	-64.86	8.38	-34.43	-52.22	6.28	-41.96	-57.34	-6.79	44.60	-79.16
23Q1 (16)	42	0.0	2.44	1.30	140.74	15.04	-0.12	-500.0	-124.0	1.30	-69.19	15.04	8.19	-18.83	-6.61	14.54	5.52	-28.3	5.61	80.97	-57.79	10.82	163.26	-15.93	0.46	48.39	-60.68	0.54	145.45	14.89	12.78	136.23	-21.21	10.82	163.26	-15.93	-7.77	54.99	-314.28
22Q4 (15)	42	0.0	2.44	0.54	-30.77	-70.97	-0.02	-128.57	-103.85	4.22	14.67	-9.25	10.09	3.28	15.98	13.78	-12.51	-32.02	3.10	-54.21	-72.37	4.11	-47.38	-72.14	0.31	-53.03	-68.37	0.22	-31.25	-71.43	5.41	-44.28	-69.12	4.11	-47.38	-72.14	2.52	-43.59	-104.56
22Q3 (14)	42	2.44	2.44	0.78	-56.42	47.17	0.07	-80.56	-78.79	3.68	26.46	32.37	9.77	1.77	25.1	15.75	-15.73	-11.72	6.77	-40.51	-34.21	7.81	-46.94	-11.25	0.66	-39.45	-17.5	0.32	-56.76	45.45	9.71	-44.64	-13.84	7.81	-46.94	-11.25	5.62	0.99	-54.28
22Q2 (13)	41	0.0	0.0	1.79	58.41	19.33	0.36	-28.0	89.47	2.91	157.52	29.33	9.6	9.46	26.98	18.69	-7.84	21.28	11.38	-14.37	52.96	14.72	14.37	14.73	1.09	-6.84	94.64	0.74	57.45	19.35	17.54	8.14	20.8	14.72	14.37	14.73	5.13	9.58	-15.93
22Q1 (12)	41	0.0	0.0	1.13	-39.25	50.67	0.50	-3.85	163.16	1.13	-75.7	50.67	8.77	0.8	22.83	20.28	0.05	28.11	13.29	18.45	62.47	12.87	-12.75	39.89	1.17	19.39	101.72	0.47	-38.96	51.61	16.22	-7.42	42.03	12.87	-12.75	39.89	6.10	105.84	26.86
21Q4 (11)	41	0.0	-4.65	1.86	250.94	77.14	0.52	57.58	36.84	4.65	67.27	63.16	8.7	11.4	13.13	20.27	13.62	17.58	11.22	9.04	21.82	14.75	67.61	38.76	0.98	22.5	38.03	0.77	250.0	71.11	17.52	55.46	34.77	14.75	67.61	38.76	7.36	93.13	65.63
21Q3 (10)	41	0.0	-4.65	0.53	-64.67	-29.33	0.33	73.68	230.0	2.78	23.56	57.06	7.81	3.31	12.86	17.84	15.77	3.72	10.29	38.31	19.93	8.80	-31.41	-13.04	0.8	42.86	35.59	0.22	-64.52	-31.25	11.27	-22.38	-10.63	8.80	-31.41	-13.04	4.59	17.66	36.84
21Q2 (9)	41	0.0	-6.82	1.50	100.0	-36.71	0.19	0.0	90.0	2.25	200.0	122.77	7.56	5.88	10.85	15.41	-2.65	-5.17	7.44	-9.05	-4.98	12.83	39.46	-36.58	0.56	-3.45	5.66	0.62	100.0	-40.38	14.52	27.15	-35.64	12.83	39.46	-36.58	-0.64	35.72	-25.00
21Q1 (8)	41	-4.65	-6.82	0.75	-28.57	155.15	0.19	-50.0	235.71	0.75	-73.68	155.15	7.14	-7.15	17.05	15.83	-8.18	-2.58	8.18	-11.18	40.55	9.20	-13.45	287.76	0.58	-18.31	65.71	0.31	-31.11	151.67	11.42	-12.15	470.78	9.20	-13.45	287.76	1.99	5.71	115.00
20Q4 (7)	43	0.0	-2.27	1.05	40.0	-41.99	0.38	280.0	371.43	2.85	61.02	-34.03	7.69	11.13	6.36	17.24	0.23	1.11	9.21	7.34	157.98	10.63	5.04	-26.44	0.71	20.34	173.08	0.45	40.62	-43.75	13.00	3.09	-15.69	10.63	5.04	-26.44	6.30	-14.17	140.00
20Q3 (6)	43	-2.27	-2.27	0.75	-68.35	0.0	0.10	0.0	-52.38	1.77	75.25	-29.48	6.92	1.47	9.67	17.20	5.85	-5.02	8.58	9.58	-3.49	10.12	-49.98	-2.13	0.59	11.32	5.36	0.32	-69.23	-3.03	12.61	-44.1	-0.16	10.12	-49.98	-2.13	6.64	102.95	85.72
20Q2 (5)	44	0.0	0.0	2.37	274.26	78.2	0.10	171.43	-52.38	1.01	174.26	-42.29	6.82	11.8	12.36	16.25	0.0	2.78	7.83	34.54	3.3	20.23	512.86	43.99	0.53	51.43	15.22	1.04	273.33	76.27	22.56	832.47	41.89	20.23	512.86	43.99	-	-	0.00
20Q1 (4)	44	0.0	0.0	-1.36	-175.14	0.0	-0.14	0.0	0.0	-1.36	-131.48	0.0	6.1	-15.63	0.0	16.25	-4.69	0.0	5.82	63.03	0.0	-4.90	-133.91	0.0	0.35	34.62	0.0	-0.6	-175.0	0.0	-3.08	-119.97	0.0	-4.90	-133.91	0.0	-	-	0.00
19Q4 (3)	44	0.0	0.0	1.81	141.33	0.0	-0.14	-166.67	0.0	4.32	72.11	0.0	7.23	14.58	0.0	17.05	-5.85	0.0	3.57	-59.84	0.0	14.45	39.75	0.0	0.26	-53.57	0.0	0.8	142.42	0.0	15.42	22.09	0.0	14.45	39.75	0.0	-	-	0.00
19Q3 (2)	44	0.0	0.0	0.75	-43.61	0.0	0.21	0.0	0.0	2.51	43.43	0.0	6.31	3.95	0.0	18.11	14.55	0.0	8.89	17.28	0.0	10.34	-26.41	0.0	0.56	21.74	0.0	0.33	-44.07	0.0	12.63	-20.57	0.0	10.34	-26.41	0.0	-	-	0.00
19Q2 (1)	44	0.0	0.0	1.33	0.0	0.0	0.21	0.0	0.0	1.75	0.0	0.0	6.07	0.0	0.0	15.81	0.0	0.0	7.58	0.0	0.0	14.05	0.0	0.0	0.46	0.0	0.0	0.59	0.0	0.0	15.90	0.0	0.0	14.05	0.0	0.0	-	-	0.00

年/月	營收	月增率(%)	去年同期年增率(%)	累計營收	累計營收年增率(%)	近三月累計營收	存貨銷售比	備註(年增率變動50%需說明原因)
2024/6	4.07	12.84	34.82	21.4	27.35	10.92	N/A	-
2024/5	3.6	10.93	18.19	17.33	25.71	10.6	N/A	-
2024/4	3.25	-13.28	27.34	13.73	27.85	10.33	N/A	-
2024/3	3.75	12.18	19.44	10.48	28.01	10.48	0.88	-
2024/2	3.34	-1.56	24.58	6.73	33.33	10.47	0.88	-
2024/1	3.39	-9.14	43.24	3.39	43.24	10.75	0.86	-
2023/12	3.73	3.05	-5.94	37.02	-3.18	10.45	0.99	-
2023/11	3.62	17.14	10.62	33.28	-2.86	10.24	1.01	-
2023/10	3.09	-12.27	8.74	29.66	-4.29	9.9	1.05	-
2023/9	3.53	7.32	3.96	26.57	-5.6	9.76	0.95	-
2023/8	3.28	11.22	-1.02	23.04	-6.92	9.25	1.0	-
2023/7	2.95	-2.08	-3.46	19.75	-7.84	9.02	1.03	-
2023/6	3.02	-1.07	-14.97	16.8	-8.57	8.62	1.06	-
2023/5	3.05	19.52	-3.36	13.78	-7.04	8.74	1.05	-
2023/4	2.55	-18.66	-12.06	10.74	-8.03	8.37	1.1	-
2023/3	3.14	17.01	-4.82	8.19	-6.7	8.19	1.33	-
2023/2	2.68	13.17	-2.75	5.05	-7.82	9.02	1.21	-
2023/1	2.37	-40.34	-12.96	2.37	-12.96	9.61	1.13	-
2022/12	3.97	21.21	26.0	38.24	22.51	10.09	1.18	-
2022/11	3.28	15.15	12.07	34.27	22.12	9.51	1.25	-
2022/10	2.84	-16.12	8.13	30.99	23.29	9.55	1.24	-
2022/9	3.39	2.17	19.58	28.15	25.06	9.77	1.08	-
2022/8	3.32	8.48	21.49	24.75	25.85	9.93	1.06	-
2022/7	3.06	-13.76	36.69	21.44	26.56	9.76	1.08	-
2022/6	3.55	12.44	28.75	18.38	25.02	9.6	0.94	-
2022/5	3.15	8.75	29.35	14.83	24.15	9.35	0.96	-
2022/4	2.9	-11.97	17.58	11.67	22.82	8.95	1.0	-
2022/3	3.3	19.56	29.61	8.77	24.66	8.77	0.82	-
2022/2	2.76	1.29	21.01	5.48	21.86	8.63	0.83	-
2022/1	2.72	-13.63	22.72	2.72	22.72	8.79	0.82	-
2021/12	3.15	7.81	6.39	31.21	13.53	8.7	0.87	-
2021/11	2.92	11.1	24.23	28.06	14.39	8.39	0.9	-
2021/10	2.63	-7.23	12.83	25.13	13.35	8.2	0.92	-
2021/9	2.84	3.8	22.65	22.5	13.41	7.81	0.83	-
2021/8	2.73	22.06	15.69	19.67	12.19	7.73	0.84	-
2021/7	2.24	-18.77	-0.38	16.94	11.65	7.43	0.87	-
2021/6	2.76	12.97	13.97	14.7	13.74	7.66	0.74	-
2021/5	2.44	-1.13	10.42	11.94	13.69	7.45	0.76	-
2021/4	2.47	-2.96	12.45	9.5	14.56	7.29	0.77	-
2021/3	2.54	11.62	21.48	7.04	15.31	7.04	0.78	-
2021/2	2.28	2.72	6.26	4.49	12.1	7.46	0.73	-
2021/1	2.22	-25.13	18.8	2.22	18.8	7.53	0.72	-
2020/12	2.96	25.89	7.75	27.49	10.53	7.65	0.68	-
2020/11	2.35	0.9	10.6	24.53	10.88	7.0	0.74	-
2020/10	2.33	0.83	4.11	22.17	10.91	7.0	0.74	-
2020/9	2.31	-2.09	14.95	19.84	11.76	6.92	0.68	-
2020/8	2.36	5.09	3.22	17.53	11.36	7.03	0.67	-
2020/7	2.25	-7.06	11.49	15.17	12.74	6.87	0.68	-
2020/6	2.42	9.45	15.22	12.92	12.96	6.82	0.66	-
2020/5	2.21	0.67	8.91	10.51	12.45	6.5	0.7	-
2020/4	2.19	4.81	12.95	8.3	13.44	6.43	0.7	-
2020/3	2.09	-2.35	18.71	6.1	13.61	6.1	0.75	-
2020/2	2.14	14.85	33.2	4.01	11.12	6.76	0.68	-
2020/1	1.87	-32.09	-6.64	1.87	-6.64	6.74	0.68	-
2019/12	2.75	29.22	17.42	24.87	4.19	7.11	0.61	-
2019/11	2.13	-5.0	-3.39	22.12	2.75	6.38	0.68	-
2019/10	2.24	11.33	-0.11	19.99	3.45	6.54	0.67	-
2019/9	2.01	-12.07	-2.28	17.75	3.92	6.31	0.69	-
2019/8	2.29	13.51	10.44	15.74	4.77	0.0	N/A	-
2019/7	2.02	-3.95	1.83	13.45	3.86	0.0	N/A	-

成長能力-近10年

	加權平均股數 YoY		EPS YoY		本業EPS YoY		營收 YoY		毛利率(%) YoY		營業利益率 YoY		稅後淨利率 YoY		營業利益 YoY		稅前淨利 YoY		稅後淨利 YoY
2023 (10)	42	0.0	6.52	54.5	0.71	-21.11	37.02	-3.17	14.89	-12.46	6.62	-21.66	11.41	17.27	2.45	-24.15	4.86	5.65	2.71	54.86
2022 (9)	42	2.44	4.22	-9.25	0.90	-27.42	38.23	22.49	17.01	-2.63	8.45	-9.91	9.73	-15.61	3.23	10.24	4.6	6.48	1.75	-8.38
2021 (8)	41	-4.65	4.65	63.16	1.24	175.56	31.21	13.37	17.47	4.17	9.38	17.84	11.53	22.14	2.93	33.79	4.32	34.16	1.91	56.56
2020 (7)	43	-2.27	2.85	-34.03	0.45	-6.25	27.53	10.21	16.77	-2.73	7.96	12.43	9.44	-21.59	2.19	23.73	3.22	-7.2	1.22	-35.79
2019 (6)	44	0.0	4.32	72.8	0.48	-44.19	24.98	4.3	17.24	-11.13	7.08	-14.7	12.04	29.74	1.77	-11.06	3.47	26.64	1.9	71.17
2018 (5)	44	0.0	2.50	35.87	0.86	-7.53	23.95	6.97	19.40	7.24	8.30	-3.49	9.28	8.41	1.99	3.65	2.74	16.6	1.11	37.04
2017 (4)	44	0.0	1.84	-37.41	0.93	5.68	22.39	4.72	18.09	-4.08	8.60	-1.15	8.56	-22.6	1.92	3.23	2.35	-15.77	0.81	-37.69
2016 (3)	44	0.0	2.94	-5.16	0.88	-53.19	21.38	-5.86	18.86	-14.04	8.70	-14.62	11.06	-3.66	1.86	-19.48	2.79	-3.79	1.3	-5.8
2015 (2)	44	7.32	3.10	27.05	1.88	49.21	22.71	24.44	21.94	-7.19	10.19	-7.45	11.48	-4.97	2.31	14.93	2.9	16.47	1.38	36.63
2014 (1)	41	0.0	2.44	-15.86	1.26	-11.89	18.25	-4.0	23.64	0	11.01	0	12.08	0	2.01	3.61	2.49	-1.97	1.01	-15.83