- 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) | 0.51 | -21.54 | 142.86 | 30.87 | 5.79 | 2.12 | 11.02 | 86.78 | 1202.0 | 11.33 | -33.2 | 24.23 | 8.96 | -42.82 | 11.44 | 2.85 | -24.4 | 131.71 | 2.12 | -25.61 | 118.56 | 0.24 | 33.33 | 100.0 | 12.61 | -31.84 | 4.13 | 36.18 | 6.54 | 84.12 | 98.11 | 189.43 | 1081.13 | 1.89 | -97.07 | -98.36 | 14.37 | -13.01 | -30.11 |
| 24Q2 (19) | 0.65 | 80.56 | 80.56 | 29.18 | 5.04 | 0.07 | 5.90 | 84.38 | 377.0 | 16.96 | 36.88 | 66.11 | 15.67 | 55.3 | 31.35 | 3.77 | 90.4 | 77.0 | 2.85 | 80.38 | 81.53 | 0.18 | 12.5 | 38.46 | 18.50 | 27.76 | 45.1 | 33.96 | 6.52 | 3.03 | 33.90 | 35.59 | 276.27 | 64.41 | -14.12 | -45.98 | 16.52 | -10.85 | -20.35 |
| 24Q1 (18) | 0.36 | 800.0 | 9.09 | 27.78 | -22.23 | -9.48 | 3.20 | -47.45 | -43.56 | 12.39 | 1080.0 | -8.83 | 10.09 | 511.52 | -3.17 | 1.98 | 633.33 | 2.06 | 1.58 | 586.96 | 8.97 | 0.16 | 14.29 | 14.29 | 14.48 | 295.63 | -8.99 | 31.88 | 52.68 | -19.84 | 25.00 | -95.0 | -40.0 | 75.00 | 118.75 | 28.57 | 18.53 | -22.95 | 8.3 |
| 23Q4 (17) | 0.04 | -80.95 | -87.5 | 35.72 | 18.16 | 1.53 | 6.09 | 709.0 | -47.77 | 1.05 | -88.49 | -89.73 | 1.65 | -79.48 | -80.72 | 0.27 | -78.05 | -84.92 | 0.23 | -76.29 | -83.21 | 0.14 | 16.67 | -12.5 | 3.66 | -69.78 | -70.81 | 20.88 | 6.26 | -26.87 | 500.00 | 5100.0 | 344.44 | -400.00 | -447.83 | -3100.0 | 24.05 | 16.97 | 53.38 |
| 23Q3 (16) | 0.21 | -41.67 | -70.42 | 30.23 | 3.67 | -2.17 | -1.00 | 53.05 | -107.59 | 9.12 | -10.68 | -45.58 | 8.04 | -32.61 | -36.59 | 1.23 | -42.25 | -69.33 | 0.97 | -38.22 | -66.32 | 0.12 | -7.69 | -47.83 | 12.11 | -5.02 | -33.9 | 19.65 | -40.38 | -41.17 | -10.00 | 48.0 | -112.79 | 115.00 | -3.55 | 427.65 | 20.56 | -0.87 | 55.29 |
| 23Q2 (15) | 0.36 | 9.09 | -56.63 | 29.16 | -4.99 | 17.25 | -2.13 | -137.57 | -125.09 | 10.21 | -24.87 | -41.42 | 11.93 | 14.49 | -8.51 | 2.13 | 9.79 | -53.59 | 1.57 | 8.28 | -51.24 | 0.13 | -7.14 | -48.0 | 12.75 | -19.86 | -32.79 | 32.96 | -17.12 | -28.87 | -19.23 | -146.15 | -139.77 | 119.23 | 104.4 | 130.85 | 20.74 | 21.22 | 63.18 |
| 23Q1 (14) | 0.33 | 3.13 | -54.17 | 30.69 | -12.76 | 5.28 | 5.67 | -51.37 | -54.2 | 13.59 | 32.97 | -16.42 | 10.42 | 21.73 | -11.92 | 1.94 | 8.38 | -51.5 | 1.45 | 5.84 | -48.76 | 0.14 | -12.5 | -41.67 | 15.91 | 26.87 | -10.37 | 39.77 | 39.3 | 0.03 | 41.67 | -62.96 | -45.77 | 58.33 | 566.67 | 139.17 | 17.11 | 9.12 | 33.46 |
| 22Q4 (13) | 0.32 | -54.93 | -11.11 | 35.18 | 13.85 | 24.18 | 11.66 | -11.53 | 90.21 | 10.22 | -39.02 | 10.25 | 8.56 | -32.49 | 28.72 | 1.79 | -55.36 | -14.35 | 1.37 | -52.43 | -3.52 | 0.16 | -30.43 | -23.81 | 12.54 | -31.55 | 12.57 | 28.55 | -14.52 | -36.67 | 112.50 | 43.85 | 75.0 | -12.50 | -157.35 | -137.5 | 15.68 | 18.43 | 22.31 |
| 22Q3 (12) | 0.71 | -14.46 | -14.46 | 30.90 | 24.25 | -2.43 | 13.18 | 55.24 | -9.48 | 16.76 | -3.84 | 5.34 | 12.68 | -2.76 | -1.93 | 4.01 | -12.64 | -20.59 | 2.88 | -10.56 | -11.11 | 0.23 | -8.0 | -8.0 | 18.32 | -3.43 | 4.81 | 33.40 | -27.92 | -38.6 | 78.21 | 61.74 | -13.67 | 21.79 | -57.8 | 164.65 | 13.24 | 4.17 | 9.42 |
| 22Q2 (11) | 0.83 | 15.28 | 27.69 | 24.87 | -14.68 | -6.01 | 8.49 | -31.42 | -30.58 | 17.43 | 7.2 | 45.98 | 13.04 | 10.23 | 33.88 | 4.59 | 14.75 | 10.6 | 3.22 | 13.78 | 24.81 | 0.25 | 4.17 | -3.85 | 18.97 | 6.87 | 41.15 | 46.34 | 16.55 | -24.21 | 48.35 | -37.07 | -52.36 | 51.65 | 111.76 | 1830.22 | 12.71 | -0.86 | 23.16 |
| 22Q1 (10) | 0.72 | 100.0 | -47.06 | 29.15 | 2.89 | 4.67 | 12.38 | 101.96 | 38.95 | 16.26 | 75.4 | -54.21 | 11.83 | 77.89 | -55.34 | 4.00 | 91.39 | -57.04 | 2.83 | 99.3 | -48.55 | 0.24 | 14.29 | 14.29 | 17.75 | 59.34 | -52.97 | 39.76 | -11.8 | -40.3 | 76.83 | 19.51 | 205.3 | 24.39 | -26.83 | -67.41 | 12.82 | 0.0 | -13.32 |
| 21Q4 (9) | 0.36 | -56.63 | 125.0 | 28.33 | -10.55 | 22.32 | 6.13 | -57.9 | 111.38 | 9.27 | -41.73 | 142.67 | 6.65 | -48.57 | 123.15 | 2.09 | -58.61 | 80.17 | 1.42 | -56.17 | 100.0 | 0.21 | -16.0 | -4.55 | 11.14 | -36.27 | 58.92 | 45.08 | -17.13 | -41.08 | 64.29 | -29.04 | -14.29 | 33.33 | 304.76 | 33.33 | 12.82 | 5.95 | 16.23 |
| 21Q3 (8) | 0.83 | 27.69 | 492.86 | 31.67 | 19.69 | 20.6 | 14.56 | 19.05 | 362.22 | 15.91 | 33.25 | 273.47 | 12.93 | 32.75 | 288.29 | 5.05 | 21.69 | 350.89 | 3.24 | 25.58 | 383.58 | 0.25 | -3.85 | 31.58 | 17.48 | 30.06 | 142.11 | 54.40 | -11.02 | -31.41 | 90.59 | -10.74 | 23.53 | 8.24 | 375.88 | -69.12 | 12.10 | 17.25 | -9.36 |
| 21Q2 (7) | 0.65 | -52.21 | 18.18 | 26.46 | -4.99 | 8.53 | 12.23 | 37.26 | 67.76 | 11.94 | -66.38 | -4.78 | 9.74 | -63.23 | 1.78 | 4.15 | -55.42 | 0.0 | 2.58 | -53.09 | 10.26 | 0.26 | 23.81 | 8.33 | 13.44 | -64.39 | -7.88 | 61.14 | -8.2 | -26.07 | 101.49 | 303.3 | 76.12 | -2.99 | -103.99 | -107.04 | 10.32 | -30.22 | 0 |
| 21Q1 (6) | 1.36 | 750.0 | 1136.36 | 27.85 | 20.25 | 13.17 | 8.91 | 207.24 | 106.73 | 35.51 | 829.58 | 599.02 | 26.49 | 788.93 | 911.07 | 9.31 | 702.59 | 1093.59 | 5.50 | 674.65 | 1000.0 | 0.21 | -4.55 | 23.53 | 37.74 | 438.37 | 397.89 | 66.60 | -12.95 | -18.63 | 25.17 | -66.45 | -71.48 | 74.83 | 199.34 | 324.06 | 14.79 | 34.09 | -3.02 |
| 20Q4 (5) | 0.16 | 14.29 | -36.0 | 23.16 | -11.81 | -6.31 | 2.90 | -7.94 | -45.9 | 3.82 | -10.33 | -39.65 | 2.98 | -10.51 | -40.04 | 1.16 | 3.57 | -32.16 | 0.71 | 5.97 | -33.02 | 0.22 | 15.79 | 15.79 | 7.01 | -2.91 | -22.88 | 76.51 | -3.53 | -4.23 | 75.00 | 2.27 | -11.36 | 25.00 | -6.25 | 62.5 | 11.03 | -17.38 | -2.73 |
| 20Q3 (4) | 0.14 | -74.55 | 0.0 | 26.26 | 7.71 | 0.0 | 3.15 | -56.79 | 0.0 | 4.26 | -66.03 | 0.0 | 3.33 | -65.2 | 0.0 | 1.12 | -73.01 | 0.0 | 0.67 | -71.37 | 0.0 | 0.19 | -20.83 | 0.0 | 7.22 | -50.51 | 0.0 | 79.31 | -4.1 | 0.0 | 73.33 | 27.25 | 0.0 | 26.67 | -37.07 | 0.0 | 13.35 | 0 | 0.0 |
| 20Q2 (3) | 0.55 | 400.0 | 0.0 | 24.38 | -0.93 | 0.0 | 7.29 | 69.14 | 0.0 | 12.54 | 146.85 | 0.0 | 9.57 | 265.27 | 0.0 | 4.15 | 432.05 | 0.0 | 2.34 | 368.0 | 0.0 | 0.24 | 41.18 | 0.0 | 14.59 | 92.48 | 0.0 | 82.70 | 1.04 | 0.0 | 57.63 | -34.69 | 0.0 | 42.37 | 140.11 | 0.0 | 0.00 | -100.0 | 0.0 |
| 20Q1 (2) | 0.11 | -56.0 | 0.0 | 24.61 | -0.44 | 0.0 | 4.31 | -19.59 | 0.0 | 5.08 | -19.75 | 0.0 | 2.62 | -47.28 | 0.0 | 0.78 | -54.39 | 0.0 | 0.50 | -52.83 | 0.0 | 0.17 | -10.53 | 0.0 | 7.58 | -16.61 | 0.0 | 81.85 | 2.45 | 0.0 | 88.24 | 4.28 | 0.0 | 17.65 | 14.71 | 0.0 | 15.25 | 34.48 | 0.0 |
| 19Q4 (1) | 0.25 | 0.0 | 0.0 | 24.72 | 0.0 | 0.0 | 5.36 | 0.0 | 0.0 | 6.33 | 0.0 | 0.0 | 4.97 | 0.0 | 0.0 | 1.71 | 0.0 | 0.0 | 1.06 | 0.0 | 0.0 | 0.19 | 0.0 | 0.0 | 9.09 | 0.0 | 0.0 | 79.89 | 0.0 | 0.0 | 84.62 | 0.0 | 0.0 | 15.38 | 0.0 | 0.0 | 11.34 | 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) | 0.95 | -63.18 | 31.45 | 6.97 | 2.27 | -79.98 | 2.64 | 64.37 | 8.58 | -45.32 | 8.07 | -31.78 | 5.29 | -63.62 | 4.26 | -60.15 | 0.53 | -41.11 | 11.18 | -35.56 | 20.88 | -26.87 | 26.19 | -63.67 | 73.81 | 167.8 | 0.00 | 0 | 20.55 | 53.47 |
| 2022 (9) | 2.58 | -19.38 | 29.40 | 2.8 | 11.34 | 5.49 | 1.61 | 8.81 | 15.69 | -10.34 | 11.83 | -12.5 | 14.54 | -29.14 | 10.69 | -18.33 | 0.90 | -6.25 | 17.35 | -9.68 | 28.55 | -36.67 | 72.08 | 17.18 | 27.56 | -28.92 | 0.00 | 0 | 13.39 | 8.51 |
| 2021 (8) | 3.20 | 233.33 | 28.60 | 16.59 | 10.75 | 136.26 | 1.48 | -34.22 | 17.50 | 158.88 | 13.52 | 174.24 | 20.52 | 200.44 | 13.09 | 221.62 | 0.96 | 23.08 | 19.21 | 103.93 | 45.08 | -41.08 | 61.52 | -8.99 | 38.78 | 19.65 | 0.00 | 0 | 12.34 | -6.37 |
| 2020 (7) | 0.96 | 60.0 | 24.53 | -0.97 | 4.55 | 34.22 | 2.25 | 11.71 | 6.76 | 45.38 | 4.93 | 57.01 | 6.83 | 65.78 | 4.07 | 54.75 | 0.78 | 6.85 | 9.42 | 29.75 | 76.51 | -4.23 | 67.59 | -6.41 | 32.41 | 22.81 | 0.00 | 0 | 13.18 | -3.8 |
| 2019 (6) | 0.60 | 1.69 | 24.77 | -8.5 | 3.39 | -23.65 | 2.01 | 24.56 | 4.65 | 20.47 | 3.14 | -3.98 | 4.12 | -1.9 | 2.63 | -4.71 | 0.73 | 2.82 | 7.26 | 17.29 | 79.89 | 1.76 | 72.22 | -37.63 | 26.39 | 0 | 0.00 | 0 | 13.70 | -17.52 |
| 2018 (5) | 0.59 | -6.35 | 27.07 | 3.92 | 4.44 | -0.89 | 1.61 | 0.32 | 3.86 | 10.6 | 3.27 | 1.24 | 4.20 | -8.1 | 2.76 | -10.97 | 0.71 | -12.35 | 6.19 | 6.36 | 78.51 | -4.47 | 115.79 | -9.94 | -15.79 | 0 | 0.00 | 0 | 16.61 | 3.81 |
| 2017 (4) | 0.63 | 10.53 | 26.05 | -3.48 | 4.48 | 143.48 | 1.61 | -38.82 | 3.49 | 5.76 | 3.23 | 10.62 | 4.57 | 12.01 | 3.10 | 13.14 | 0.81 | 1.25 | 5.82 | -11.42 | 82.18 | 26.78 | 128.57 | 134.98 | -28.57 | 0 | 0.00 | 0 | 16.00 | -3.09 |
| 2016 (3) | 0.57 | 78.12 | 26.99 | 7.36 | 1.84 | 3.37 | 2.63 | -11.95 | 3.30 | 27.41 | 2.92 | 95.97 | 4.08 | 86.3 | 2.74 | 65.06 | 0.80 | 0.0 | 6.57 | 4.95 | 64.82 | -21.51 | 54.72 | -20.57 | 43.40 | 39.49 | 0.00 | 0 | 16.51 | 4.69 |
| 2015 (2) | 0.32 | -79.22 | 25.14 | -5.13 | 1.78 | -73.94 | 2.99 | 21.79 | 2.59 | -67.62 | 1.49 | -76.76 | 2.19 | -80.04 | 1.66 | -74.14 | 0.80 | -13.98 | 6.26 | -43.14 | 82.58 | -2.11 | 68.89 | -18.95 | 31.11 | 116.43 | 0.00 | 0 | 15.77 | 23.11 |
| 2014 (1) | 1.54 | 366.67 | 26.50 | 0 | 6.83 | 0 | 2.45 | -28.44 | 8.00 | 0 | 6.41 | 0 | 10.97 | 0 | 6.42 | 0 | 0.93 | 36.76 | 11.01 | 59.1 | 84.36 | 0.58 | 85.00 | 96.56 | 14.37 | -74.67 | 0.00 | 0 | 12.81 | -8.17 |
