- 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) | -0.17 | -168.0 | -230.77 | 18.16 | -7.86 | -14.5 | -4.11 | -400.0 | 42.76 | -4.81 | -199.38 | -198.97 | -4.81 | -199.38 | -198.97 | -1.93 | -169.93 | -237.86 | -0.91 | -161.07 | -207.06 | 0.21 | -30.0 | 31.25 | -0.49 | -106.39 | -105.15 | 94.81 | 0.41 | 22.62 | 83.33 | 191.67 | 156.45 | 13.33 | -81.33 | -94.62 | 15.64 | 32.77 | -29.2 |
| 24Q2 (19) | 0.25 | 213.64 | 400.0 | 19.71 | 109.9 | 11.04 | 1.37 | 105.31 | 150.55 | 4.84 | 146.14 | 287.2 | 4.84 | 146.14 | 287.2 | 2.76 | 211.74 | 401.82 | 1.49 | 218.25 | 292.11 | 0.30 | 130.77 | 25.0 | 7.67 | 292.71 | 68.94 | 94.42 | 2.75 | 18.19 | 28.57 | -88.38 | 112.7 | 71.43 | 148.94 | -78.02 | 11.78 | -56.47 | -18.87 |
| 24Q1 (18) | -0.22 | -266.67 | 8.33 | 9.39 | -54.77 | -40.31 | -25.79 | -792.39 | -241.59 | -10.49 | -467.03 | -42.72 | -10.49 | -467.03 | -42.72 | -2.47 | -280.0 | 9.52 | -1.26 | -334.48 | 1.56 | 0.13 | -31.58 | -31.58 | -3.98 | -263.11 | -32.23 | 91.89 | 9.09 | 6.85 | 245.95 | 63.96 | 134.51 | -145.95 | -143.24 | -5883.78 | 27.06 | 50.25 | 59.74 |
| 23Q4 (17) | -0.06 | -146.15 | -154.55 | 20.76 | -2.26 | 15.4 | -2.89 | 59.75 | -158.5 | -1.85 | -138.07 | -212.12 | -1.85 | -138.07 | -212.12 | -0.65 | -146.43 | -154.62 | -0.29 | -134.12 | -144.62 | 0.19 | 18.75 | -40.62 | 2.44 | -74.34 | -38.38 | 84.23 | 8.94 | -20.0 | 150.00 | 201.61 | -50.91 | -60.00 | -124.23 | 70.0 | 18.01 | -18.47 | 106.06 |
| 23Q3 (16) | 0.13 | 160.0 | -76.79 | 21.24 | 19.66 | 37.21 | -7.18 | -164.94 | -354.61 | 4.86 | 288.8 | -35.97 | 4.86 | 288.8 | -35.97 | 1.40 | 154.55 | -77.81 | 0.85 | 123.68 | -68.05 | 0.16 | -33.33 | -52.94 | 9.51 | 109.47 | -2.06 | 77.32 | -3.22 | -46.96 | -147.62 | 34.39 | -496.46 | 247.62 | -23.81 | 294.51 | 22.09 | 52.13 | 162.98 |
| 23Q2 (15) | 0.05 | 120.83 | -58.33 | 17.75 | 12.84 | 46.21 | -2.71 | 64.11 | -43.39 | 1.25 | 117.01 | -45.18 | 1.25 | 117.01 | -45.18 | 0.55 | 120.15 | -65.84 | 0.38 | 129.69 | -49.33 | 0.24 | 26.32 | -20.0 | 4.54 | 250.83 | -4.02 | 79.89 | -7.1 | -46.03 | -225.00 | -314.53 | -172.37 | 325.00 | 13425.0 | 77.98 | 14.52 | -14.29 | 47.26 |
| 23Q1 (14) | -0.24 | -318.18 | -1300.0 | 15.73 | -12.56 | 16.86 | -7.55 | -252.83 | 8.04 | -7.35 | -545.45 | -1230.77 | -7.35 | -545.45 | -1230.77 | -2.73 | -329.41 | -1111.11 | -1.28 | -296.92 | -811.11 | 0.19 | -40.62 | 11.76 | -3.01 | -176.01 | -162.19 | 86.00 | -18.32 | -32.53 | 104.88 | -65.68 | 108.93 | -2.44 | 98.78 | -100.19 | 16.94 | 93.82 | 5.22 |
| 22Q4 (13) | 0.11 | -80.36 | -60.71 | 17.99 | 16.21 | 10.44 | 4.94 | 75.18 | 59.35 | 1.65 | -78.26 | -58.23 | 1.65 | -78.26 | -58.23 | 1.19 | -81.14 | -66.76 | 0.65 | -75.56 | -54.86 | 0.32 | -5.88 | -8.57 | 3.96 | -59.22 | -32.42 | 105.29 | -27.77 | -27.31 | 305.56 | 720.63 | 285.96 | -200.00 | -418.64 | -1060.0 | 8.74 | 4.05 | 6.46 |
| 22Q3 (12) | 0.56 | 366.67 | 1300.0 | 15.48 | 27.51 | 13.91 | 2.82 | 249.21 | 594.74 | 7.59 | 232.89 | 885.71 | 7.59 | 232.89 | 885.71 | 6.31 | 291.93 | 969.49 | 2.66 | 254.67 | 817.24 | 0.34 | 13.33 | 21.43 | 9.71 | 105.29 | 207.28 | 145.77 | -1.53 | -16.35 | 37.23 | 145.07 | 149.65 | 62.77 | -65.63 | -64.13 | 8.40 | -14.81 | -17.16 |
| 22Q2 (11) | 0.12 | 500.0 | 220.0 | 12.14 | -9.81 | -17.58 | -1.89 | 76.98 | 47.06 | 2.28 | 250.77 | 215.74 | 2.28 | 250.77 | 215.74 | 1.61 | 496.3 | 224.81 | 0.75 | 316.67 | 282.93 | 0.30 | 76.47 | 20.0 | 4.73 | -2.27 | 359.22 | 148.04 | 16.14 | -16.6 | -82.61 | 92.97 | -145.3 | 182.61 | -85.68 | 321.74 | 9.86 | -38.76 | -16.09 |
| 22Q1 (10) | 0.02 | -92.86 | 111.76 | 13.46 | -17.37 | -3.93 | -8.21 | -364.84 | -20.38 | 0.65 | -83.54 | 116.01 | 0.65 | -83.54 | 116.01 | 0.27 | -92.46 | 113.5 | 0.18 | -87.5 | 124.32 | 0.17 | -51.43 | -15.0 | 4.84 | -17.41 | 3326.67 | 127.47 | -12.0 | -15.47 | -1175.00 | -1584.21 | -815.22 | 1275.00 | 6020.0 | 1978.95 | 16.10 | 96.1 | 5.09 |
| 21Q4 (9) | 0.28 | 600.0 | 133.33 | 16.29 | 19.87 | -4.68 | 3.10 | 643.86 | 51.96 | 3.95 | 412.99 | 77.93 | 3.95 | 412.99 | 81.19 | 3.58 | 506.78 | 120.99 | 1.44 | 396.55 | 94.59 | 0.35 | 25.0 | 12.9 | 5.86 | 85.44 | 14.01 | 144.85 | -16.88 | -1.61 | 79.17 | 205.56 | -17.06 | 20.83 | -88.1 | 129.17 | 8.21 | -19.03 | -29.83 |
| 21Q3 (8) | 0.04 | 140.0 | -84.62 | 13.59 | -7.74 | -19.01 | -0.57 | 84.03 | -139.86 | 0.77 | 139.09 | -83.3 | 0.77 | 139.09 | -83.3 | 0.59 | 145.74 | -82.18 | 0.29 | 170.73 | -80.0 | 0.28 | 12.0 | -6.67 | 3.16 | 206.8 | -59.17 | 174.27 | -1.83 | 28.88 | -75.00 | -141.13 | -335.71 | 175.00 | 312.5 | 156.67 | 10.14 | -13.7 | -2.78 |
| 21Q2 (7) | -0.10 | 41.18 | -150.0 | 14.73 | 5.14 | -19.15 | -3.57 | 47.65 | 11.41 | -1.97 | 51.48 | -105.21 | -1.97 | 51.48 | -105.21 | -1.29 | 35.5 | -152.94 | -0.41 | 44.59 | -215.38 | 0.25 | 25.0 | 8.7 | 1.03 | 786.67 | -68.88 | 177.51 | 17.72 | 22.11 | 182.35 | 11.0 | -54.41 | -82.35 | -21.36 | 72.55 | 11.75 | -23.3 | 0 |
| 21Q1 (6) | -0.17 | -241.67 | 19.05 | 14.01 | -18.02 | -31.92 | -6.82 | -434.31 | 53.86 | -4.06 | -282.88 | 52.63 | -4.06 | -286.24 | 52.63 | -2.00 | -223.46 | 23.08 | -0.74 | -200.0 | 23.71 | 0.20 | -35.48 | 66.67 | -0.15 | -102.92 | 84.69 | 150.79 | 2.42 | 22.28 | 164.29 | 72.11 | -4.17 | -67.86 | -846.43 | 5.0 | 15.32 | 30.94 | -41.19 |
| 20Q4 (5) | 0.12 | -53.85 | -33.33 | 17.09 | 1.85 | -15.02 | 2.04 | 42.66 | -58.79 | 2.22 | -51.84 | -13.62 | 2.18 | -52.71 | -15.18 | 1.62 | -51.06 | -28.0 | 0.74 | -48.97 | -17.78 | 0.31 | 3.33 | 0.0 | 5.14 | -33.59 | -6.2 | 147.22 | 8.87 | -11.39 | 95.45 | 200.0 | -49.85 | 9.09 | -86.67 | 110.06 | 11.70 | 12.18 | 14.48 |
| 20Q3 (4) | 0.26 | 750.0 | 0.0 | 16.78 | -7.9 | 0.0 | 1.43 | 135.48 | 0.0 | 4.61 | 580.21 | 0.0 | 4.61 | 580.21 | 0.0 | 3.31 | 749.02 | 0.0 | 1.45 | 1215.38 | 0.0 | 0.30 | 30.43 | 0.0 | 7.74 | 133.84 | 0.0 | 135.22 | -6.98 | 0.0 | 31.82 | -92.05 | 0.0 | 68.18 | 122.73 | 0.0 | 10.43 | 0 | 0.0 |
| 20Q2 (3) | -0.04 | 80.95 | 0.0 | 18.22 | -11.47 | 0.0 | -4.03 | 72.73 | 0.0 | -0.96 | 88.8 | 0.0 | -0.96 | 88.8 | 0.0 | -0.51 | 80.38 | 0.0 | -0.13 | 86.6 | 0.0 | 0.23 | 91.67 | 0.0 | 3.31 | 437.76 | 0.0 | 145.37 | 17.88 | 0.0 | 400.00 | 133.33 | 0.0 | -300.00 | -320.0 | 0.0 | 0.00 | -100.0 | 0.0 |
| 20Q1 (2) | -0.21 | -216.67 | 0.0 | 20.58 | 2.34 | 0.0 | -14.78 | -398.59 | 0.0 | -8.57 | -433.46 | 0.0 | -8.57 | -433.46 | 0.0 | -2.60 | -215.56 | 0.0 | -0.97 | -207.78 | 0.0 | 0.12 | -61.29 | 0.0 | -0.98 | -117.88 | 0.0 | 123.32 | -25.77 | 0.0 | 171.43 | -9.93 | 0.0 | -71.43 | 20.92 | 0.0 | 26.05 | 154.89 | 0.0 |
| 19Q4 (1) | 0.18 | 0.0 | 0.0 | 20.11 | 0.0 | 0.0 | 4.95 | 0.0 | 0.0 | 2.57 | 0.0 | 0.0 | 2.57 | 0.0 | 0.0 | 2.25 | 0.0 | 0.0 | 0.90 | 0.0 | 0.0 | 0.31 | 0.0 | 0.0 | 5.48 | 0.0 | 0.0 | 166.14 | 0.0 | 0.0 | 190.32 | 0.0 | 0.0 | -90.32 | 0.0 | 0.0 | 10.22 | 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) | -0.12 | 0 | 18.65 | 24.09 | -4.88 | 0 | 3.52 | 66.98 | -1.01 | 0 | -1.01 | 0 | -1.45 | 0 | -0.44 | 0 | 0.74 | -38.33 | 3.06 | -49.59 | 84.23 | -20.0 | 486.36 | 2839.33 | -386.36 | 0 | 0.07 | 128.07 | 17.49 | 74.9 |
| 2022 (9) | 0.81 | 1520.0 | 15.03 | 1.55 | 0.59 | 0 | 2.11 | -10.22 | 3.53 | 1076.67 | 3.53 | 1076.67 | 9.50 | 1058.54 | 4.64 | 648.39 | 1.20 | 8.11 | 6.07 | 103.69 | 105.29 | -27.31 | 16.55 | 0 | 83.45 | -83.89 | 0.03 | 6.94 | 10.00 | -7.49 |
| 2021 (8) | 0.05 | -61.54 | 14.80 | -16.48 | -1.19 | 0 | 2.35 | -33.01 | 0.30 | -62.5 | 0.30 | -62.03 | 0.82 | -52.87 | 0.62 | -36.08 | 1.11 | 29.07 | 2.98 | -37.26 | 144.85 | -1.61 | -409.09 | 0 | 518.18 | 59.44 | 0.03 | 2.04 | 10.81 | -23.98 |
| 2020 (7) | 0.13 | 62.5 | 17.72 | 21.87 | -1.77 | 0 | 3.50 | 25.1 | 0.80 | 185.71 | 0.79 | 182.14 | 1.74 | 85.11 | 0.97 | 21.25 | 0.86 | -20.37 | 4.75 | 29.08 | 147.22 | -11.39 | -225.00 | 0 | 325.00 | 45.69 | 0.03 | -47.64 | 14.22 | 24.3 |
| 2019 (6) | 0.08 | 0 | 14.54 | 84.52 | -0.36 | 0 | 2.80 | 14.56 | 0.28 | 0 | 0.28 | 0 | 0.94 | 0 | 0.80 | 0 | 1.08 | -8.47 | 3.68 | 0 | 166.14 | -31.64 | -123.08 | 0 | 223.08 | 3017.89 | 0.06 | -12.29 | 11.44 | -23.32 |
| 2018 (5) | -3.54 | 0 | 7.88 | -27.04 | -8.79 | 0 | 2.44 | 27.0 | -9.47 | 0 | -9.46 | 0 | -35.87 | 0 | -10.62 | 0 | 1.18 | -7.09 | -6.39 | 0 | 243.02 | 18.81 | 92.68 | 6.72 | 7.15 | -45.62 | 0.06 | 0 | 14.92 | 14.5 |
| 2017 (4) | -1.16 | 0 | 10.80 | -14.56 | -2.43 | 0 | 1.92 | -5.38 | -2.79 | 0 | -2.43 | 0 | -9.62 | 0 | -2.64 | 0 | 1.27 | -2.31 | -0.39 | 0 | 204.55 | -5.75 | 86.84 | -49.61 | 13.16 | 0 | 0.00 | 0 | 13.03 | -0.76 |
| 2016 (3) | -0.32 | 0 | 12.64 | 37.54 | -0.92 | 0 | 2.03 | -10.55 | -0.54 | 0 | -0.59 | 0 | -2.30 | 0 | -0.40 | 0 | 1.30 | 6.56 | 1.89 | 0 | 217.03 | 17.81 | 172.34 | 30.16 | -72.34 | 0 | 0.00 | 0 | 13.13 | 4.21 |
| 2015 (2) | -1.99 | 0 | 9.19 | -19.32 | -5.76 | 0 | 2.27 | -5.65 | -4.35 | 0 | -4.04 | 0 | -12.86 | 0 | -4.68 | 0 | 1.22 | 17.31 | -1.76 | 0 | 184.22 | 31.95 | 132.40 | 19.47 | -32.40 | 0 | 0.00 | 0 | 12.60 | 0.64 |
| 2014 (1) | -1.61 | 0 | 11.39 | 0 | -4.69 | 0 | 2.41 | 73.82 | -4.23 | 0 | -3.73 | 0 | -9.04 | 0 | -3.65 | 0 | 1.04 | -31.13 | -1.47 | 0 | 139.61 | 7.62 | 110.83 | 81.46 | -10.83 | 0 | 0.00 | 0 | 12.52 | 30.28 |
