- 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 | -128.0 | -170.0 | 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 | 193.54 | 7.43 | 24.11 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 80.95 | 64.63 | 59.23 |
| 24Q2 (19) | 0.50 | -30.56 | 2.04 | 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 | 0.0 | 0.00 | 0 | 0 | 180.15 | -1.04 | 16.3 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 49.17 | 49.27 | 23.54 |
| 24Q1 (18) | 0.72 | 442.86 | 653.85 | 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 | 182.05 | 11.73 | 16.74 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 32.94 | -53.63 | -59.21 |
| 23Q4 (17) | -0.21 | -205.0 | -16.67 | 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 | 100.0 | 0.00 | 0 | 0 | 162.94 | 4.49 | -0.01 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 71.04 | 39.73 | -16.77 |
| 23Q3 (16) | 0.20 | -59.18 | 100.0 | 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 | -33.33 | 0.0 | 0.00 | 0 | 0 | 155.94 | 0.67 | 6.5 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 50.84 | 27.74 | -17.51 |
| 23Q2 (15) | 0.49 | 476.92 | 113.04 | 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 | 50.0 | 0.00 | 0 | 0 | 154.90 | -0.67 | -5.39 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 39.80 | -50.71 | -15.96 |
| 23Q1 (14) | -0.13 | 27.78 | -1400.0 | 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 | 0.0 | 0.0 | 0.00 | 0 | 0 | 155.95 | -4.3 | -4.56 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 80.75 | -5.39 | 30.03 |
| 22Q4 (13) | -0.18 | -280.0 | 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 | -50.0 | 0.00 | 0 | 0 | 162.95 | 11.29 | -15.91 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 85.35 | 38.49 | 55.83 |
| 22Q3 (12) | 0.10 | -56.52 | -83.61 | 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 | -33.33 | 0.00 | 0 | 0 | 146.42 | -10.57 | -18.9 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 61.63 | 30.13 | 74.44 |
| 22Q2 (11) | 0.23 | 2200.0 | -11.54 | 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 | 163.73 | 0.2 | -25.99 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 47.36 | -23.74 | 2.53 |
| 22Q1 (10) | 0.01 | 0 | -94.44 | 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 | -50.0 | 0.00 | 0 | 0 | 163.40 | -15.68 | -7.6 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 62.10 | 13.38 | 26.84 |
| 21Q4 (9) | 0.00 | -100.0 | -100.0 | 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 | -33.33 | 0.0 | 0.00 | 0 | 0 | 193.78 | 7.33 | 10.76 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 54.77 | 55.02 | -6.01 |
| 21Q3 (8) | 0.61 | 134.62 | 238.89 | 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 | 50.0 | 0.00 | 0 | 0 | 180.54 | -18.4 | 59.42 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 35.33 | -23.51 | -20.01 |
| 21Q2 (7) | 0.26 | 44.44 | 766.67 | 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 | 0.0 | 0.00 | 0 | 0 | 221.24 | 25.11 | 144.92 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 46.19 | -5.66 | -21.22 |
| 21Q1 (6) | 0.18 | 350.0 | 100.0 | 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 | 0.0 | 0.0 | 0.00 | 0 | 0 | 176.84 | 1.07 | 218.98 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 48.96 | -15.98 | -0.79 |
| 20Q4 (5) | 0.04 | -77.78 | 300.0 | 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 | 0.0 | 0.0 | 0.00 | 0 | 0 | 174.96 | 54.49 | 202.07 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 58.27 | 31.92 | -7.15 |
| 20Q3 (4) | 0.18 | 500.0 | 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 | 0.00 | 0 | 0.0 | 0.02 | 0.0 | 0.0 | 0.00 | 0 | 0.0 | 113.25 | 25.37 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 44.17 | -24.66 | 0.0 |
| 20Q2 (3) | 0.03 | -66.67 | 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 | 90.33 | 62.93 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 58.63 | 18.8 | 0.0 |
| 20Q1 (2) | 0.09 | 800.0 | 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 | 0.00 | 0 | 0.0 | 0.02 | 0.0 | 0.0 | 0.00 | 0 | 0.0 | 55.44 | -4.28 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 49.35 | -21.37 | 0.0 |
| 19Q4 (1) | 0.01 | 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 | 57.92 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 62.76 | 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) | 0.35 | 105.88 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.08 | 33.33 | 0.00 | 0 | 162.94 | -0.01 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 56.16 | -7.04 |
| 2022 (9) | 0.17 | -83.81 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.06 | -33.33 | 0.00 | 0 | 162.95 | -15.91 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 60.41 | 35.08 |
| 2021 (8) | 1.05 | 208.82 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.09 | 28.57 | 0.00 | 0 | 193.78 | 10.76 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 44.72 | -14.13 |
| 2020 (7) | 0.34 | 277.78 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.07 | 0.0 | 0.00 | 0 | 174.96 | 202.07 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 52.08 | -14.17 |
| 2019 (6) | 0.09 | -85.94 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.07 | -12.5 | 0.00 | 0 | 57.92 | 43.97 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 60.68 | 22.71 |
| 2018 (5) | 0.64 | 16.36 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.08 | 0.0 | 0.00 | 0 | 40.23 | -56.49 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 49.45 | 7.15 |
| 2017 (4) | 0.55 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.08 | 60.0 | 0.00 | 0 | 92.46 | 45.86 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 46.15 | -39.28 |
| 2016 (3) | -0.18 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.05 | 0.0 | 0.00 | 0 | 63.39 | -31.18 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 76.00 | 7.57 |
| 2015 (2) | -0.17 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.05 | -16.67 | 0.00 | 0 | 92.11 | -19.29 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 70.65 | 35.81 |
| 2014 (1) | 0.34 | -63.44 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.06 | -25.0 | 0.00 | 0 | 114.12 | -0.98 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 52.02 | 36.11 |
