- 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) | -0.14 | -122.95 | -40.0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.01 | -50.0 | 0.0 | 0.00 | 0 | 0 | 382.85 | -3.12 | 13.17 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 49.05 | 29.42 | 0.35 |
| 24Q2 (19) | 0.61 | -42.99 | -42.99 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.02 | -33.33 | -33.33 | 0.00 | 0 | 0 | 395.20 | 7.48 | 6.04 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 37.90 | 6.94 | 18.29 |
| 24Q1 (18) | 1.07 | 10600.0 | 50.7 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.03 | 200.0 | 0.0 | 0.00 | 0 | 0 | 367.69 | 4.59 | 9.17 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 35.44 | -28.22 | 5.19 |
| 23Q4 (17) | 0.01 | 110.0 | -94.74 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.01 | 0.0 | -50.0 | 0.00 | 0 | 0 | 351.55 | 3.92 | -0.66 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 49.37 | 1.0 | 62.29 |
| 23Q3 (16) | -0.10 | -109.35 | -140.0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.01 | -66.67 | -50.0 | 0.00 | 0 | 0 | 338.30 | -9.23 | -0.59 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 48.88 | 52.56 | 36.61 |
| 23Q2 (15) | 1.07 | 50.7 | 367.5 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.03 | 0.0 | 200.0 | 0.00 | 0 | 0 | 372.70 | 10.66 | -5.04 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 32.04 | -4.9 | -56.31 |
| 23Q1 (14) | 0.71 | 273.68 | 344.83 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.03 | 50.0 | 200.0 | 0.00 | 0 | 0 | 336.81 | -4.83 | 8.84 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 33.69 | 10.75 | -48.99 |
| 22Q4 (13) | 0.19 | -24.0 | -82.41 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.02 | 0.0 | -50.0 | 0.00 | 0 | 0 | 353.89 | 3.99 | 3.75 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 30.42 | -14.98 | -13.6 |
| 22Q3 (12) | 0.25 | 162.5 | 150.0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.02 | 100.0 | 0.0 | 0.00 | 0 | 0 | 340.32 | -13.29 | -2.5 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 35.78 | -51.21 | -18.87 |
| 22Q2 (11) | -0.40 | -37.93 | -170.18 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.01 | 0.0 | -66.67 | 0.00 | 0 | 0 | 392.49 | 26.83 | 10.27 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 73.34 | 11.04 | 93.31 |
| 22Q1 (10) | -0.29 | -126.85 | -149.15 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.01 | -75.0 | -66.67 | 0.00 | 0 | 0 | 309.45 | -9.28 | -4.02 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 66.05 | 87.59 | 82.11 |
| 21Q4 (9) | 1.08 | 980.0 | 40.26 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.04 | 100.0 | 33.33 | 0.00 | 0 | 0 | 341.09 | -2.28 | 3.15 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 35.21 | -20.16 | -4.09 |
| 21Q3 (8) | 0.10 | -82.46 | -80.39 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.02 | -33.33 | -50.0 | 0.00 | 0 | 0 | 349.05 | -1.93 | 58.03 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 44.10 | 16.24 | 17.79 |
| 21Q2 (7) | 0.57 | -3.39 | -18.57 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.03 | 0.0 | -25.0 | 0.00 | 0 | 0 | 355.93 | 10.39 | 34.81 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 37.94 | 4.6 | 18.08 |
| 21Q1 (6) | 0.59 | -23.38 | 468.75 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.03 | 0.0 | 50.0 | 0.00 | 0 | 0 | 322.42 | -2.49 | 29.44 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 36.27 | -1.2 | -36.79 |
| 20Q4 (5) | 0.77 | 50.98 | 250.0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.03 | -25.0 | 50.0 | 0.00 | 0 | 0 | 330.66 | 49.7 | 31.44 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 36.71 | -1.95 | -9.11 |
| 20Q3 (4) | 0.51 | -27.14 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.04 | 0.0 | 0.0 | 0.00 | 0 | 0.0 | 220.88 | -16.34 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 37.44 | 16.53 | 0.0 |
| 20Q2 (3) | 0.70 | 537.5 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.04 | 100.0 | 0.0 | 0.00 | 0 | 0.0 | 264.02 | 6.0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 32.13 | -44.0 | 0.0 |
| 20Q1 (2) | -0.16 | -172.73 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.02 | 0.0 | 0.0 | 0.00 | 0 | 0.0 | 249.08 | -0.99 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 57.38 | 42.06 | 0.0 |
| 19Q4 (1) | 0.22 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0.02 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 251.56 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 40.39 | 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) | 1.68 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.09 | 80.0 | 0.00 | 0 | 351.55 | -0.66 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 38.13 | -18.79 |
| 2022 (9) | -0.25 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.05 | -54.55 | 0.00 | 0 | 353.89 | 3.75 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 46.95 | 24.6 |
| 2021 (8) | 2.33 | 27.32 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.11 | 0.0 | 0.00 | 0 | 341.09 | 3.15 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 37.68 | -2.26 |
| 2020 (7) | 1.83 | 289.36 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.11 | 22.22 | 0.00 | 0 | 330.66 | 31.44 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 38.55 | -10.24 |
| 2019 (6) | 0.47 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.09 | 80.0 | 0.00 | 0 | 251.56 | 31.01 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 42.95 | -31.78 |
| 2018 (5) | -0.45 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.05 | -44.44 | 0.00 | 0 | 192.02 | -45.88 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 62.96 | 43.97 |
| 2017 (4) | 1.15 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.09 | 80.0 | 0.00 | 0 | 354.79 | 12.33 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 43.73 | -25.63 |
| 2016 (3) | -0.57 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.05 | -28.57 | 0.00 | 0 | 315.85 | -6.42 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 58.80 | 24.18 |
| 2015 (2) | 0.35 | 250.0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.07 | 16.67 | 0.00 | 0 | 337.51 | -15.86 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 47.35 | -7.16 |
| 2014 (1) | 0.10 | 233.33 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.06 | 0.0 | 0.00 | 0 | 401.12 | 22.1 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 51.00 | 0.35 |
