- 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) | 0.20 | 233.33 | 148.78 | 14.34 | 79.7 | 191.46 | 6.02 | 1040.62 | 258.84 | 7.27 | 452.91 | 132.79 | 5.37 | 506.82 | 125.53 | 0.50 | 554.55 | 127.03 | 0.75 | 74.42 | 412.5 | 0.04 | 0.0 | 0.0 | 58.43 | 10.52 | 61.5 | 107.08 | -4.19 | -11.08 | 82.61 | 180.87 | 383.14 | 17.39 | -75.36 | -79.02 | 0.00 | -100.0 | -100.0 |
| 24Q2 (19) | 0.06 | 110.91 | 109.23 | 7.98 | 743.55 | 14.82 | -0.64 | 93.87 | 46.22 | -2.06 | 93.85 | 88.11 | -1.32 | 95.86 | 95.61 | -0.11 | 95.67 | 96.14 | 0.43 | 163.24 | 168.25 | 0.04 | 0.0 | 0.0 | 52.87 | 103.42 | 35.32 | 111.76 | -1.38 | -22.53 | 29.41 | -5.67 | 317.11 | 70.59 | 2.57 | -24.06 | 30.43 | -9.14 | -4.52 |
| 24Q1 (18) | -0.55 | -296.43 | -10.0 | -1.24 | -114.87 | 72.13 | -10.44 | -560.76 | 18.44 | -33.47 | -615.72 | -45.27 | -31.89 | -399.72 | -33.32 | -2.54 | -385.39 | -20.95 | -0.68 | -172.34 | -94.29 | 0.04 | 0.0 | 0.0 | 25.99 | -59.95 | -30.34 | 113.32 | -3.91 | -23.31 | 31.18 | 229.51 | -43.59 | 68.82 | -44.53 | 55.63 | 33.49 | -2.08 | -7.84 |
| 23Q4 (17) | 0.28 | 168.29 | -58.21 | 8.34 | 69.51 | -70.18 | -1.58 | 58.31 | -107.65 | 6.49 | 129.27 | -64.77 | 10.64 | 150.59 | -31.31 | 0.89 | 148.11 | -56.16 | 0.94 | 491.67 | -25.4 | 0.04 | 0.0 | -20.0 | 64.90 | 79.38 | 10.21 | 117.93 | -2.07 | -19.18 | -24.07 | -240.8 | -121.47 | 124.07 | 49.66 | 1122.54 | 34.20 | 6.05 | 12.91 |
| 23Q3 (16) | -0.41 | 36.92 | -122.4 | 4.92 | -29.21 | -90.25 | -3.79 | -218.49 | -108.21 | -22.17 | -27.93 | -156.93 | -21.03 | 30.09 | -168.52 | -1.85 | 35.09 | -128.33 | -0.24 | 61.9 | -108.99 | 0.04 | 0.0 | -50.0 | 36.18 | -7.4 | -42.95 | 120.42 | -16.53 | -29.19 | 17.10 | 142.49 | -85.58 | 82.90 | -10.81 | 546.35 | 32.25 | 1.19 | 91.62 |
| 23Q2 (15) | -0.65 | -30.0 | -130.66 | 6.95 | 256.18 | -87.5 | -1.19 | 90.7 | -102.33 | -17.33 | 24.78 | -139.18 | -30.08 | -25.75 | -185.92 | -2.85 | -35.71 | -134.46 | -0.63 | -80.0 | -121.0 | 0.04 | 0.0 | -50.0 | 39.07 | 4.72 | -41.05 | 144.26 | -2.37 | -27.83 | 7.05 | -87.24 | -93.9 | 92.95 | 110.19 | 702.02 | 31.87 | -12.3 | 96.73 |
| 23Q1 (14) | -0.50 | -174.63 | -132.68 | -4.45 | -115.91 | -109.09 | -12.80 | -161.99 | -129.05 | -23.04 | -225.08 | -160.95 | -23.92 | -254.42 | -179.87 | -2.10 | -203.45 | -132.46 | -0.35 | -127.78 | -115.98 | 0.04 | -20.0 | -42.86 | 37.31 | -36.64 | -39.45 | 147.76 | 1.27 | -27.47 | 55.28 | -50.71 | -52.54 | 44.22 | 464.44 | 368.42 | 36.34 | 19.97 | 73.88 |
| 22Q4 (13) | 0.67 | -63.39 | -70.09 | 27.97 | -44.57 | -50.7 | 20.65 | -55.27 | -58.68 | 18.42 | -52.7 | -66.1 | 15.49 | -49.53 | -53.03 | 2.03 | -68.91 | -80.44 | 1.26 | -52.81 | -56.1 | 0.05 | -37.5 | -37.5 | 58.89 | -7.14 | -21.51 | 145.91 | -14.21 | -40.8 | 112.13 | -5.43 | 22.02 | -12.13 | 34.67 | -251.6 | 30.29 | 79.98 | 57.76 |
| 22Q3 (12) | 1.83 | -13.68 | -39.2 | 50.46 | -9.23 | -3.13 | 46.17 | -9.61 | -2.04 | 38.94 | -11.96 | -20.85 | 30.69 | -12.34 | -37.79 | 6.53 | -21.04 | -64.8 | 2.67 | -11.0 | -33.58 | 0.08 | 0.0 | 0.0 | 63.42 | -4.32 | -12.75 | 170.07 | -14.92 | -52.38 | 118.57 | 2.61 | 23.74 | -18.57 | -20.3 | -544.67 | 16.83 | 3.89 | -7.83 |
| 22Q2 (11) | 2.12 | 38.56 | 19.1 | 55.59 | 13.52 | 27.18 | 51.08 | 15.93 | 27.86 | 44.23 | 17.01 | 13.82 | 35.01 | 16.89 | -9.04 | 8.27 | 27.82 | -33.68 | 3.00 | 36.99 | 21.46 | 0.08 | 14.29 | 33.33 | 66.28 | 7.56 | -6.86 | 199.89 | -1.88 | -53.43 | 115.56 | -0.79 | 12.47 | -15.44 | 6.28 | -461.76 | 16.20 | -22.49 | -15.36 |
| 22Q1 (10) | 1.53 | -31.7 | 992.86 | 48.97 | -13.69 | 195.53 | 44.06 | -11.84 | 373.25 | 37.80 | -30.44 | 2277.36 | 29.95 | -9.19 | 1563.89 | 6.47 | -37.67 | 1478.05 | 2.19 | -23.69 | 563.64 | 0.07 | -12.5 | 75.0 | 61.62 | -17.87 | 18.93 | 203.71 | -17.35 | -59.65 | 116.47 | 26.74 | -79.54 | -16.47 | -305.83 | 96.55 | 20.90 | 8.85 | -25.78 |
| 21Q4 (9) | 2.24 | -25.58 | 548.0 | 56.74 | 8.93 | 2016.89 | 49.98 | 6.05 | 555.61 | 54.34 | 10.45 | 354.76 | 32.98 | -33.14 | 249.23 | 10.38 | -44.04 | 334.84 | 2.87 | -28.61 | 710.64 | 0.08 | 0.0 | 166.67 | 75.03 | 3.22 | 111.11 | 246.48 | -30.99 | -52.55 | 91.90 | -4.1 | 78.05 | 8.00 | 91.62 | -83.46 | 19.20 | 5.15 | -45.58 |
| 21Q3 (8) | 3.01 | 69.1 | 1040.62 | 52.09 | 19.17 | 2001.09 | 47.13 | 17.97 | 551.44 | 49.20 | 26.61 | 425.83 | 49.33 | 28.16 | 419.29 | 18.55 | 48.76 | 767.27 | 4.02 | 62.75 | 2014.29 | 0.08 | 33.33 | 166.67 | 72.69 | 2.15 | 56.79 | 357.17 | -16.79 | -27.34 | 95.82 | -6.74 | 39.14 | 4.18 | 251.98 | -86.58 | 18.26 | -4.6 | -44.3 |
| 21Q2 (7) | 1.78 | 1171.43 | 271.15 | 43.71 | 163.79 | 239.65 | 39.95 | 329.11 | 201.58 | 38.86 | 2344.03 | 175.97 | 38.49 | 2038.33 | 174.19 | 12.47 | 2941.46 | 267.61 | 2.47 | 648.48 | 360.0 | 0.06 | 50.0 | 100.0 | 71.16 | 37.35 | 140.08 | 429.22 | -14.98 | -11.04 | 102.75 | -81.95 | 33.4 | -2.75 | 99.42 | -111.96 | 19.14 | -32.03 | 0 |
| 21Q1 (6) | 0.14 | 128.0 | 109.93 | 16.57 | 659.8 | 144.86 | 9.31 | 184.87 | 120.02 | 1.59 | 107.45 | 102.35 | 1.80 | 108.14 | 102.71 | 0.41 | 109.28 | 104.46 | 0.33 | 170.21 | 125.38 | 0.04 | 33.33 | 33.33 | 51.81 | 45.78 | 319.17 | 504.83 | -2.82 | 13.61 | 569.23 | 1002.88 | 729.89 | -476.92 | -1085.64 | -1629.69 | 28.16 | -20.18 | 0 |
| 20Q4 (5) | -0.50 | -56.25 | -4.17 | -2.96 | -8.03 | -212.12 | -10.97 | -5.08 | -268.12 | -21.33 | -41.26 | -32.65 | -22.10 | -43.04 | -25.14 | -4.42 | -58.99 | -36.0 | -0.47 | -123.81 | -176.47 | 0.03 | 0.0 | -25.0 | 35.54 | -23.34 | -13.0 | 519.47 | 5.68 | 27.45 | 51.61 | -25.06 | 182.92 | 48.39 | 55.43 | -40.82 | 35.28 | 7.63 | 0 |
| 20Q3 (4) | -0.32 | 69.23 | 0.0 | -2.74 | 91.25 | 0.0 | -10.44 | 73.46 | 0.0 | -15.10 | 70.48 | 0.0 | -15.45 | 70.22 | 0.0 | -2.78 | 62.63 | 0.0 | -0.21 | 77.89 | 0.0 | 0.03 | 0.0 | 0.0 | 46.36 | 56.41 | 0.0 | 491.53 | 1.87 | 0.0 | 68.87 | -10.59 | 0.0 | 31.13 | 35.49 | 0.0 | 32.78 | 0 | 0.0 |
| 20Q2 (3) | -1.04 | 26.24 | 0.0 | -31.30 | 15.27 | 0.0 | -39.33 | 15.42 | 0.0 | -51.15 | 24.4 | 0.0 | -51.88 | 21.9 | 0.0 | -7.44 | 19.13 | 0.0 | -0.95 | 26.92 | 0.0 | 0.03 | 0.0 | 0.0 | 29.64 | 139.81 | 0.0 | 482.51 | 8.59 | 0.0 | 77.02 | 12.29 | 0.0 | 22.98 | -26.3 | 0.0 | 0.00 | 0 | 0.0 |
| 20Q1 (2) | -1.41 | -193.75 | 0.0 | -36.94 | -1499.24 | 0.0 | -46.50 | -1460.4 | 0.0 | -67.66 | -320.77 | 0.0 | -66.43 | -276.16 | 0.0 | -9.20 | -183.08 | 0.0 | -1.30 | -664.71 | 0.0 | 0.03 | -25.0 | 0.0 | 12.36 | -69.74 | 0.0 | 444.35 | 9.02 | 0.0 | 68.59 | 275.98 | 0.0 | 31.18 | -61.87 | 0.0 | 0.00 | 0 | 0.0 |
| 19Q4 (1) | -0.48 | 0.0 | 0.0 | 2.64 | 0.0 | 0.0 | -2.98 | 0.0 | 0.0 | -16.08 | 0.0 | 0.0 | -17.66 | 0.0 | 0.0 | -3.25 | 0.0 | 0.0 | -0.17 | 0.0 | 0.0 | 0.04 | 0.0 | 0.0 | 40.85 | 0.0 | 0.0 | 407.59 | 0.0 | 0.0 | 18.24 | 0.0 | 0.0 | 81.76 | 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) | -1.26 | 0 | 3.93 | -91.68 | -4.83 | 0 | 40.57 | 96.28 | -14.26 | 0 | -16.52 | 0 | -5.75 | 0 | -0.35 | 0 | 0.15 | -44.44 | 44.12 | -29.88 | 117.93 | -19.18 | 33.81 | -70.95 | 65.99 | 0 | 0.00 | 0 | 33.64 | 66.29 |
| 2022 (9) | 6.08 | -15.08 | 47.21 | 1.14 | 42.12 | 2.61 | 20.67 | -11.97 | 36.20 | -13.36 | 28.80 | -16.71 | 22.46 | -38.31 | 9.14 | -1.3 | 0.27 | 12.5 | 62.92 | -10.27 | 145.91 | -40.8 | 116.37 | 18.47 | -16.37 | 0 | 0.00 | 0 | 20.23 | 0.15 |
| 2021 (8) | 7.16 | 0 | 46.68 | 0 | 41.05 | 0 | 23.48 | -56.51 | 41.78 | 0 | 34.58 | 0 | 36.41 | 0 | 9.26 | 0 | 0.24 | 100.0 | 70.12 | 123.24 | 246.48 | -52.55 | 98.23 | 43.2 | 1.77 | -94.35 | 0.00 | 0 | 20.20 | -43.98 |
| 2020 (7) | -3.27 | 0 | -17.45 | 0 | -25.76 | 0 | 53.99 | 33.88 | -37.54 | 0 | -37.71 | 0 | -24.30 | 0 | -2.99 | 0 | 0.12 | -20.0 | 31.41 | -31.18 | 519.47 | 27.45 | 68.59 | 0 | 31.41 | -75.7 | 0.00 | 0 | 36.06 | 31.85 |
| 2019 (6) | -1.26 | 0 | 9.71 | -33.08 | 3.53 | -52.93 | 40.33 | 7.89 | -12.04 | 0 | -12.44 | 0 | -9.26 | 0 | 0.22 | -75.0 | 0.15 | 0.0 | 45.64 | -1.89 | 407.59 | 6.47 | -29.26 | 0 | 129.26 | -38.52 | 0.00 | 0 | 27.35 | 1.6 |
| 2018 (5) | -0.54 | 0 | 14.51 | 0 | 7.50 | 0 | 37.38 | -18.97 | -6.77 | 0 | -6.82 | 0 | -5.05 | 0 | 0.88 | 0 | 0.15 | 25.0 | 46.52 | 0 | 382.83 | -6.33 | -110.62 | 0 | 210.26 | 202.26 | 0.00 | 0 | 26.92 | -21.81 |
| 2017 (4) | -4.80 | 0 | -9.31 | 0 | -18.64 | 0 | 46.13 | -1.75 | -61.21 | 0 | -61.60 | 0 | -31.13 | 0 | -5.73 | 0 | 0.12 | 20.0 | -0.34 | 0 | 408.68 | 41.72 | 30.44 | -59.83 | 69.56 | 187.1 | 0.00 | 0 | 34.43 | -3.04 |
| 2016 (3) | -2.58 | 0 | -16.96 | 0 | -24.40 | 0 | 46.95 | 26.91 | -32.20 | 0 | -32.12 | 0 | -12.50 | 0 | -2.43 | 0 | 0.10 | -23.08 | 25.55 | -41.22 | 288.38 | 12.67 | 75.77 | -93.55 | 24.23 | 0 | 0.00 | 0 | 35.51 | 28.71 |
| 2015 (2) | -0.12 | 0 | 6.18 | -21.57 | 1.04 | -66.77 | 36.99 | 13.13 | 0.08 | -98.77 | -1.37 | 0 | -0.64 | 0 | 0.53 | -62.68 | 0.13 | -13.33 | 43.47 | -3.21 | 255.95 | 6.02 | 1175.00 | 2350.71 | -1075.00 | 0 | 0.00 | 0 | 27.59 | 10.49 |
| 2014 (1) | 0.56 | -37.08 | 7.88 | 0 | 3.13 | 0 | 32.70 | 3.55 | 6.53 | 0 | 5.00 | 0 | 2.50 | 0 | 1.42 | 0 | 0.15 | -6.25 | 44.91 | -1.88 | 241.42 | 1.09 | 47.95 | -39.68 | 52.05 | 153.69 | 0.00 | 0 | 24.97 | 3.18 |
