- 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) | -1.94 | 16.02 | 48.68 | 57.47 | 2344.92 | -28.71 | -2558.75 | -19.9 | 74.25 | -2768.47 | -28.51 | 72.01 | -2768.47 | -28.4 | 72.03 | -24.25 | 37.72 | 24.15 | -9.67 | 16.28 | 29.72 | 0.00 | -100.0 | 0 | -1958.33 | -18.9 | 76.12 | 160.38 | 24.07 | 6.09 | 92.45 | -6.78 | -7.91 | 7.55 | 820.75 | 2005.66 | 1058.84 | 23.26 | -78.15 |
| 24Q2 (19) | -2.31 | 25.96 | 40.62 | -2.56 | -112.9 | -103.96 | -2134.08 | 83.02 | 27.25 | -2154.30 | 82.71 | 27.2 | -2156.17 | 82.69 | 27.15 | -38.94 | 42.87 | -7.42 | -11.55 | 21.48 | 21.85 | 0.01 | 0 | 0.0 | -1647.06 | 85.07 | 31.71 | 129.27 | -77.76 | 18.62 | 99.18 | -1.76 | -0.03 | 0.82 | 185.66 | 3.48 | 859.06 | -82.0 | -49.3 |
| 24Q1 (18) | -3.12 | 22.39 | 39.65 | 19.84 | -55.02 | -85.25 | -12571.20 | -131.89 | -531.77 | -12456.40 | -118.5 | -517.25 | -12456.40 | -118.51 | -517.25 | -68.16 | -44.22 | -33.94 | -14.71 | 9.53 | 21.67 | 0.00 | 0 | -100.0 | -11033.33 | -138.13 | -538.99 | 581.25 | 145.73 | 198.08 | 100.96 | 6.08 | 2.3 | -0.96 | -119.83 | -164.65 | 4773.76 | 115.67 | 252.53 |
| 23Q4 (17) | -4.02 | -6.35 | -195.59 | 44.11 | -45.28 | 222.87 | -5421.26 | 45.45 | 7.75 | -5700.89 | 42.36 | 5.72 | -5700.64 | 42.41 | 5.73 | -47.26 | -47.83 | -62.13 | -16.26 | -18.17 | -28.84 | 0.00 | 0 | 0 | -4633.33 | 43.5 | 5.92 | 236.54 | 56.46 | 62.27 | 95.17 | -5.2 | -2.17 | 4.83 | 1318.63 | 77.46 | 2213.47 | -54.33 | -9.58 |
| 23Q3 (16) | -3.78 | 2.83 | -228.7 | 80.61 | 24.69 | 753.92 | -9938.22 | -238.78 | -111.41 | -9891.11 | -234.23 | -103.83 | -9898.98 | -234.46 | -103.99 | -31.97 | 11.81 | -60.25 | -13.76 | 6.9 | -42.0 | 0.00 | -100.0 | 0 | -8200.00 | -240.0 | -109.58 | 151.18 | 38.72 | 36.84 | 100.40 | 1.2 | 3.47 | -0.40 | -150.0 | -112.31 | 4846.35 | 186.04 | 122.11 |
| 23Q2 (15) | -3.89 | 24.76 | -221.49 | 64.65 | -51.93 | 179.99 | -2933.54 | -47.43 | 78.62 | -2959.38 | -46.65 | 78.9 | -2959.67 | -46.66 | 78.9 | -36.25 | 28.77 | -97.66 | -14.78 | 21.3 | -52.53 | 0.01 | 0.0 | 0 | -2411.76 | -39.68 | 79.03 | 108.98 | -44.11 | 19.14 | 99.21 | 0.53 | 1.34 | 0.79 | -46.49 | -62.42 | 1694.32 | 25.12 | -73.97 |
| 23Q1 (14) | -5.17 | -280.15 | -450.0 | 134.50 | 474.65 | 123.35 | -1989.83 | 66.14 | 81.25 | -2018.05 | 66.63 | 81.0 | -2018.05 | 66.63 | 81.0 | -50.89 | -74.58 | -305.5 | -18.78 | -48.81 | -167.9 | 0.01 | 0 | 0 | -1726.67 | 64.94 | 79.53 | 195.00 | 33.77 | 148.22 | 98.68 | 1.44 | -1.32 | 1.48 | -45.57 | 0 | 1354.15 | -44.68 | -70.99 |
| 22Q4 (13) | -1.36 | -18.26 | -25.93 | -35.90 | -480.3 | -152.83 | -5876.99 | -25.02 | 15.57 | -6046.91 | -24.61 | 16.46 | -6046.91 | -24.61 | 16.46 | -29.15 | -46.12 | -146.41 | -12.62 | -30.24 | -81.84 | 0.00 | 0 | 0 | -4925.00 | -25.88 | 9.47 | 145.77 | 31.94 | 112.31 | 97.28 | 0.26 | 1.32 | 2.72 | -15.48 | -26.57 | 2448.03 | 12.19 | -22.32 |
| 22Q3 (12) | -1.15 | 4.96 | 5.74 | 9.44 | -59.12 | -79.44 | -4700.85 | 65.74 | 93.2 | -4852.57 | 65.41 | 93.16 | -4852.57 | 65.41 | 93.16 | -19.95 | -8.78 | -24.53 | -9.69 | 0.0 | -6.25 | 0.00 | 0 | 0 | -3912.50 | 65.98 | 88.07 | 110.48 | 20.78 | 77.73 | 97.03 | -0.88 | -0.48 | 3.22 | 52.67 | 28.39 | 2181.97 | -66.48 | -91.72 |
| 22Q2 (11) | -1.21 | -28.72 | 0.0 | 23.09 | 104.01 | 0 | -13722.90 | -29.31 | 0 | -14028.70 | -32.11 | 0 | -14029.50 | -32.12 | 0 | -18.34 | -46.14 | 0.86 | -9.69 | -38.23 | 3.77 | 0.00 | 0 | 0 | -11500.00 | -36.36 | 0 | 91.47 | 16.43 | 4.23 | 97.89 | -2.11 | -19.35 | 2.11 | 0 | 109.86 | 6509.30 | 39.43 | 0 |
| 22Q1 (10) | -0.94 | 12.96 | 29.32 | -575.97 | -947.51 | 0 | -10612.30 | -52.45 | 0 | -10619.10 | -46.7 | 0 | -10619.10 | -46.7 | 0 | -12.55 | -6.09 | 26.39 | -7.01 | -1.01 | 28.76 | 0.00 | 0 | 0 | -8433.33 | -55.02 | 0 | 78.56 | 14.42 | 7.88 | 100.00 | 4.15 | 0.24 | -0.00 | -100.0 | -100.0 | 4668.67 | 48.14 | 0 |
| 21Q4 (9) | -1.08 | 11.48 | 38.29 | 67.96 | 48.03 | 0 | -6961.09 | 89.93 | 0 | -7238.63 | 89.8 | 0 | -7238.63 | 89.8 | 0 | -11.83 | 26.15 | 49.16 | -6.94 | 23.9 | 52.27 | 0.00 | 0 | 0 | -5440.00 | 83.41 | 0 | 68.66 | 10.46 | 2.71 | 96.01 | -1.52 | -2.11 | 3.70 | 47.78 | 74.07 | 3151.53 | -88.04 | 0 |
| 21Q3 (8) | -1.22 | -0.83 | 29.07 | 45.91 | 0 | -3.69 | -69146.10 | 0 | 54.23 | -70959.80 | 0 | 53.31 | -70959.80 | 0 | 53.31 | -16.02 | 13.41 | 42.44 | -9.12 | 9.43 | 55.14 | 0.00 | 0 | 0 | -32800.00 | 0 | 0 | 62.16 | -29.17 | 52.99 | 97.49 | -19.67 | -1.86 | 2.51 | 111.73 | 280.95 | 26341.60 | 0 | -53.92 |
| 21Q2 (7) | -1.21 | 9.02 | 42.92 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | -18.50 | -8.5 | 28.82 | -10.07 | -2.34 | 50.85 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 87.76 | 20.52 | 168.87 | 121.37 | 21.67 | 21.16 | -21.37 | -8969.39 | -11889.71 | 0.00 | 0 | 0 |
| 21Q1 (6) | -1.33 | 24.0 | 42.92 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | -17.05 | 26.73 | 24.05 | -9.84 | 32.32 | 47.38 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 72.82 | 8.93 | 239.33 | 99.76 | 1.71 | -1.36 | 0.24 | -88.67 | 121.24 | 0.00 | 0 | 0 |
| 20Q4 (5) | -1.75 | -1.74 | 19.72 | 0.00 | -100.0 | 0 | 0.00 | 100.0 | 0 | 0.00 | 100.0 | 0 | 0.00 | 100.0 | 0 | -23.27 | 16.39 | -23.71 | -14.54 | 28.48 | 7.45 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 66.85 | 64.53 | 273.67 | 98.09 | -1.27 | -3.36 | 2.13 | 223.4 | 262.92 | 0.00 | -100.0 | 0 |
| 20Q3 (4) | -1.72 | 18.87 | 0.0 | 47.67 | 0 | 0.0 | -151085.00 | 0 | 0.0 | -151976.00 | 0 | 0.0 | -151976.00 | 0 | 0.0 | -27.83 | -7.08 | 0.0 | -20.33 | 0.78 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 40.63 | 24.48 | 0.0 | 99.34 | -0.83 | 0.0 | 0.66 | 469.08 | 0.0 | 57166.00 | 0 | 0.0 |
| 20Q2 (3) | -2.12 | 9.01 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | -25.99 | -15.77 | 0.0 | -20.49 | -9.57 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 32.64 | 52.1 | 0.0 | 100.18 | -0.95 | 0.0 | -0.18 | 84.29 | 0.0 | 0.00 | 0 | 0.0 |
| 20Q1 (2) | -2.33 | -6.88 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | -22.45 | -19.35 | 0.0 | -18.70 | -19.03 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 21.46 | 19.96 | 0.0 | 101.13 | -0.35 | 0.0 | -1.13 | 13.13 | 0.0 | 0.00 | 0 | 0.0 |
| 19Q4 (1) | -2.18 | 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 | -18.81 | 0.0 | 0.0 | -15.71 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 17.89 | 0.0 | 0.0 | 101.49 | 0.0 | 0.0 | -1.31 | 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) | -16.58 | 0 | 97.22 | 0 | -3420.80 | 0 | 531.15 | -58.27 | -3479.30 | 0 | -3480.00 | 0 | -193.18 | 0 | -67.64 | 0 | 0.02 | 100.0 | -2875.41 | 0 | 236.54 | 62.27 | 98.32 | 0.46 | 1.68 | -23.21 | 0.11 | -69.06 | 1866.22 | -41.87 |
| 2022 (9) | -4.65 | 0 | -86.36 | 0 | -7166.21 | 0 | 1272.73 | -73.59 | -7325.06 | 0 | -7325.17 | 0 | -78.41 | 0 | -39.28 | 0 | 0.01 | 0 | -5931.82 | 0 | 145.77 | 112.31 | 97.87 | -5.56 | 2.19 | 0 | 0.35 | 65.4 | 3210.65 | -70.3 |
| 2021 (8) | -4.74 | 0 | 65.67 | 37.76 | -29581.70 | 0 | 4820.00 | 0 | -28545.90 | 0 | -28546.30 | 0 | -56.99 | 0 | -33.15 | 0 | 0.00 | 0 | -25060.00 | 0 | 68.66 | 2.71 | 103.63 | 3.83 | -3.63 | 0 | 0.21 | -22.69 | 10811.10 | -95.15 |
| 2020 (7) | -7.84 | 0 | 47.67 | 0 | -699859.00 | 0 | 0.00 | 0 | -701404.00 | 0 | -701412.00 | 0 | -74.47 | 0 | -52.59 | 0 | 0.00 | 0 | 0.00 | 0 | 66.85 | 273.67 | 99.81 | -2.51 | 0.24 | 0 | 0.27 | -38.72 | 222730.00 | 0 |
| 2019 (6) | -9.26 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | -62.77 | 0 | -56.18 | 0 | 0.00 | 0 | 0.00 | 0 | 17.89 | 185.78 | 102.37 | -0.62 | -2.37 | 0 | 0.45 | 11.43 | 0.00 | 0 |
| 2018 (5) | -8.32 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | -47.56 | 0 | -44.82 | 0 | 0.00 | 0 | 0.00 | 0 | 6.26 | 4.86 | 103.01 | 3.52 | -3.01 | 0 | 0.40 | 0 | 0.00 | 0 |
| 2017 (4) | -7.29 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | -38.51 | 0 | -35.94 | 0 | 0.00 | 0 | 0.00 | 0 | 5.97 | -28.67 | 99.50 | -8.44 | 0.50 | 0 | 0.00 | 0 | 0.00 | 0 |
| 2016 (3) | -6.61 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | -49.57 | 0 | -45.74 | 0 | 0.00 | 0 | 0.00 | 0 | 8.37 | -0.12 | 108.68 | 9.07 | -8.60 | 0 | 0.00 | 0 | 0.00 | 0 |
| 2015 (2) | -5.95 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | -81.98 | 0 | -75.11 | 0 | 0.00 | 0 | 0.00 | 0 | 8.38 | -24.09 | 99.64 | 1.14 | 0.36 | -78.8 | 0.00 | 0 | 0.00 | 0 |
| 2014 (1) | -2.86 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | -95.14 | 0 | -81.84 | 0 | 0.00 | 0 | 0.00 | 0 | 11.04 | -46.72 | 98.52 | -1.94 | 1.69 | 0 | 0.00 | 0 | 0.00 | 0 |
