- 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) | 0.00 | -100.0 | 100.0 | 57.31 | -28.49 | 12.37 | 3.56 | 334.21 | 108.93 | 0.62 | -91.99 | 102.6 | 0.62 | -91.99 | 102.6 | 0.04 | -88.89 | 103.42 | 0.07 | -80.0 | 110.45 | 0.06 | 100.0 | 100.0 | 15.64 | -48.37 | 440.74 | 11.84 | -1.09 | -76.32 | 450.00 | 2200.0 | 168.97 | -350.00 | -406.25 | -420.0 | 16.06 | -25.3 | -0.5 |
| 24Q2 (19) | 0.04 | 118.18 | 104.17 | 80.14 | 4.54 | 0 | -1.52 | 99.17 | 0 | 7.74 | 106.18 | 0 | 7.74 | 106.18 | 0 | 0.36 | 118.65 | 105.35 | 0.35 | 131.82 | 107.8 | 0.03 | 200.0 | 0 | 30.29 | 157.65 | 0 | 11.97 | -79.08 | -75.03 | -21.43 | -114.62 | -118.9 | 114.29 | 352.81 | 934.55 | 21.50 | -69.19 | 0 |
| 24Q1 (18) | -0.22 | 87.57 | 66.15 | 76.66 | 10.48 | 0 | -182.08 | 42.84 | 0 | -125.28 | 63.13 | 0 | -125.28 | 63.13 | 0 | -1.93 | 86.3 | 55.22 | -1.10 | 87.83 | 61.54 | 0.01 | -66.67 | 0 | -52.54 | 83.36 | 0 | 57.23 | -1.99 | 27.21 | 146.58 | 56.24 | 38.11 | -45.21 | -830.82 | -698.63 | 69.78 | 175.16 | 0 |
| 23Q4 (17) | -1.77 | -1006.25 | 20.27 | 69.39 | 36.06 | 103.92 | -318.57 | -699.42 | 89.12 | -339.76 | -1325.17 | 88.76 | -339.76 | -1325.17 | 88.76 | -14.09 | -1104.27 | -5.7 | -9.04 | -1249.25 | 2.38 | 0.03 | 0.0 | 0 | -315.79 | -6779.96 | 88.79 | 58.39 | 16.78 | 26.63 | 93.81 | -43.93 | -3.22 | 6.19 | 109.19 | 101.59 | 25.36 | 57.13 | -87.73 |
| 23Q3 (16) | -0.16 | 83.33 | 83.16 | 51.00 | 0 | -47.98 | -39.85 | 0 | 99.78 | -23.84 | 0 | 99.84 | -23.84 | 0 | 99.84 | -1.17 | 82.62 | 78.05 | -0.67 | 85.08 | 81.99 | 0.03 | 0 | 0 | -4.59 | 0 | 99.97 | 50.00 | 4.32 | 28.07 | 167.31 | 47.57 | 38.97 | -67.31 | -391.5 | -235.45 | 16.14 | 0 | -99.43 |
| 23Q2 (15) | -0.96 | -47.69 | 33.33 | 0.00 | 0 | 100.0 | 0.00 | 0 | 100.0 | 0.00 | 0 | 100.0 | 0.00 | 0 | 100.0 | -6.73 | -56.15 | -14.26 | -4.49 | -56.99 | 0.0 | 0.00 | 0 | 0 | 0.00 | 0 | 100.0 | 47.93 | 6.53 | 17.48 | 113.38 | 6.83 | 9.81 | -13.69 | -141.93 | -321.78 | 0.00 | 0 | -100.0 |
| 23Q1 (14) | -0.65 | 70.72 | 1.52 | 0.00 | 100.0 | -100.0 | 0.00 | 100.0 | 100.0 | 0.00 | 100.0 | 100.0 | 0.00 | 100.0 | 100.0 | -4.31 | 67.67 | -42.24 | -2.86 | 69.11 | -8.33 | 0.00 | 0 | -100.0 | 0.00 | 100.0 | 100.0 | 44.99 | -2.43 | 227.44 | 106.13 | 9.49 | -2.25 | -5.66 | -284.48 | 27.96 | 0.00 | -100.0 | -100.0 |
| 22Q4 (13) | -2.22 | -133.68 | -144.14 | -1769.47 | -1904.84 | -2611.31 | -2929.21 | 83.5 | -5770.17 | -3021.99 | 79.54 | -5856.17 | -3021.99 | 79.54 | -5856.17 | -13.33 | -150.09 | -151.65 | -9.26 | -148.92 | -142.34 | 0.00 | 0 | -100.0 | -2816.67 | 78.98 | -5317.02 | 46.11 | 18.11 | 246.17 | 96.93 | -19.48 | -1.5 | 3.07 | 115.29 | 92.4 | 206.60 | -92.76 | 4362.2 |
| 22Q3 (12) | -0.95 | 34.03 | -129.69 | 98.04 | 356.58 | 39.9 | -17752.10 | -602.65 | -33984.52 | -14768.80 | -503.76 | -27173.88 | -14768.80 | -503.76 | -27173.88 | -5.33 | 9.51 | -125.28 | -3.72 | 17.15 | -123.4 | 0.00 | 0 | -100.0 | -13400.00 | -545.19 | -23600.53 | 39.04 | -4.31 | 60.13 | 120.39 | 16.6 | 25.37 | -20.06 | -517.99 | -605.33 | 2855.11 | 406.53 | 41948.75 |
| 22Q2 (11) | -1.44 | -118.18 | -71.43 | -38.21 | -159.42 | -298.08 | -2526.45 | -5347.28 | 94.82 | -2446.14 | -5592.67 | 87.23 | -2446.14 | -5592.67 | 87.23 | -5.89 | -94.39 | 2.97 | -4.49 | -70.08 | 4.06 | 0.00 | -100.0 | 0 | -2076.92 | -6306.29 | 86.06 | 40.80 | 196.94 | -6.08 | 103.25 | -4.9 | -59.38 | -3.25 | 58.68 | 97.89 | 563.66 | 2319.14 | -91.32 |
| 22Q1 (10) | -0.66 | -113.12 | 10.81 | 64.31 | -8.73 | 196.77 | -46.38 | -189.78 | 99.49 | -42.97 | -181.85 | 99.14 | -42.97 | -181.85 | 99.14 | -3.03 | -111.74 | 40.47 | -2.64 | -112.07 | 41.07 | 0.06 | -85.71 | 0 | -32.42 | -160.05 | 99.24 | 13.74 | 3.15 | -6.66 | 108.57 | 10.33 | -39.77 | -7.86 | -592.69 | 90.21 | 23.30 | 403.24 | -98.37 |
| 21Q4 (9) | 5.03 | 57.19 | 603.0 | 70.46 | 0.54 | 5.07 | 51.66 | -1.39 | 101.38 | 52.50 | -3.76 | 101.94 | 52.50 | -3.76 | 101.94 | 25.81 | 22.44 | 413.61 | 21.87 | 37.55 | 439.6 | 0.42 | 44.83 | 0 | 53.99 | -5.31 | 102.5 | 13.32 | -45.37 | 19.78 | 98.41 | 2.47 | -29.22 | 1.59 | -59.84 | 104.09 | 4.63 | -31.81 | -99.17 |
| 21Q3 (8) | 3.20 | 480.95 | 426.53 | 70.08 | 263.3 | 26.86 | 52.39 | 100.11 | 100.76 | 54.55 | 100.28 | 100.88 | 54.55 | 100.28 | 100.88 | 21.08 | 447.28 | 269.05 | 15.90 | 439.74 | 301.27 | 0.29 | 0 | 0 | 57.02 | 100.38 | 101.16 | 24.38 | -43.88 | -58.31 | 96.03 | -62.22 | -13.86 | 3.97 | 102.58 | 134.6 | 6.79 | -99.9 | -99.73 |
| 21Q2 (7) | -0.84 | -13.51 | 9.68 | 19.29 | -10.98 | -74.83 | -48771.20 | -441.34 | -225.22 | -19160.40 | -283.82 | -27.64 | -19160.40 | -283.82 | -27.64 | -6.07 | -19.25 | 43.22 | -4.68 | -4.46 | 33.24 | 0.00 | 0 | 0 | -14900.00 | -249.22 | -7.19 | 43.44 | 195.11 | -16.54 | 254.19 | 41.02 | 154.19 | -154.19 | -92.13 | 0 | 6492.50 | 353.39 | 108.91 |
| 21Q1 (6) | -0.74 | 26.0 | 1.33 | 21.67 | -67.69 | -78.33 | -9009.35 | -140.43 | 66.02 | -4992.08 | -84.93 | 81.78 | -4992.08 | -84.93 | 81.78 | -5.09 | 38.15 | 40.68 | -4.48 | 30.43 | 16.26 | 0.00 | 0 | 0 | -4266.67 | -97.79 | 0 | 14.72 | 32.37 | -69.01 | 180.25 | 29.64 | 85.93 | -80.25 | -105.58 | -2728.34 | 1431.98 | 156.71 | -80.24 |
| 20Q4 (5) | -1.00 | -2.04 | 18.03 | 67.06 | 21.4 | -32.94 | -3747.18 | 45.95 | 90.36 | -2699.41 | 56.51 | 93.2 | -2699.41 | 56.51 | 93.2 | -8.23 | 34.0 | 44.35 | -6.44 | 18.48 | 25.2 | 0.00 | 0 | 0 | -2157.14 | 56.27 | 0 | 11.12 | -80.98 | -83.3 | 139.04 | 24.72 | 42.01 | -39.04 | -240.18 | -1964.04 | 557.83 | -77.59 | -93.35 |
| 20Q3 (4) | -0.98 | -5.38 | 0.0 | 55.24 | -27.91 | 0.0 | -6933.16 | 53.77 | 0.0 | -6206.27 | 58.66 | 0.0 | -6206.27 | 58.66 | 0.0 | -12.47 | -16.65 | 0.0 | -7.90 | -12.7 | 0.0 | 0.00 | 0 | 0.0 | -4933.33 | 64.51 | 0.0 | 58.48 | 12.35 | 0.0 | 111.48 | 11.48 | 0.0 | -11.48 | 0 | 0.0 | 2489.35 | -19.9 | 0.0 |
| 20Q2 (3) | -0.93 | -24.0 | 0.0 | 76.63 | -23.37 | 0.0 | -14996.30 | 43.43 | 0.0 | -15011.60 | 45.2 | 0.0 | -15011.60 | 45.2 | 0.0 | -10.69 | -24.59 | 0.0 | -7.01 | -31.03 | 0.0 | 0.00 | 0 | 0.0 | -13900.00 | 0 | 0.0 | 52.05 | 9.58 | 0.0 | 100.00 | 3.15 | 0.0 | 0.00 | -100.0 | 0.0 | 3107.73 | -57.12 | 0.0 |
| 20Q1 (2) | -0.75 | 38.52 | 0.0 | 100.00 | 0.0 | 0.0 | -26510.00 | 31.77 | 0.0 | -27392.90 | 31.0 | 0.0 | -27392.90 | 31.0 | 0.0 | -8.58 | 41.99 | 0.0 | -5.35 | 37.86 | 0.0 | 0.00 | 0 | 0.0 | 0.00 | 0 | 0.0 | 47.50 | -28.68 | 0.0 | 96.95 | -0.98 | 0.0 | 3.05 | 45.8 | 0.0 | 7248.33 | -13.58 | 0.0 |
| 19Q4 (1) | -1.22 | 0.0 | 0.0 | 100.00 | 0.0 | 0.0 | -38855.40 | 0.0 | 0.0 | -39701.50 | 0.0 | 0.0 | -39701.50 | 0.0 | 0.0 | -14.79 | 0.0 | 0.0 | -8.61 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 0.00 | 0.0 | 0.0 | 66.60 | 0.0 | 0.0 | 97.91 | 0.0 | 0.0 | 2.09 | 0.0 | 0.0 | 8387.29 | 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) | -3.53 | 0 | 59.09 | 0 | -311.54 | 0 | 31.28 | -4.05 | -297.68 | 0 | -297.68 | 0 | -26.14 | 0 | -16.81 | 0 | 0.06 | 0.0 | -254.10 | 0 | 58.39 | 26.63 | 104.66 | 0.5 | -4.66 | 0 | 0.62 | 1.84 | 45.44 | -35.17 |
| 2022 (9) | -4.56 | 0 | -58.24 | 0 | -420.85 | 0 | 32.60 | 928.55 | -403.95 | 0 | -403.95 | 0 | -30.39 | 0 | -22.98 | 0 | 0.06 | -92.0 | -361.64 | 0 | 46.11 | 246.17 | 104.14 | 52.31 | -4.20 | 0 | 0.61 | -38.77 | 70.09 | 709.35 |
| 2021 (8) | 6.65 | 0 | 70.25 | 5.86 | 29.37 | 0 | 3.17 | -99.67 | 42.98 | 0 | 42.98 | 0 | 36.08 | 0 | 32.20 | 0 | 0.75 | 0 | 46.60 | 0 | 13.32 | 19.78 | 68.37 | -39.69 | 31.70 | 0 | 1.00 | -41.81 | 8.66 | -99.45 |
| 2020 (7) | -3.61 | 0 | 66.36 | -33.64 | -6638.40 | 0 | 950.00 | -91.44 | -5859.74 | 0 | -5859.74 | 0 | -29.91 | 0 | -22.93 | 0 | 0.00 | 0 | -4466.67 | 0 | 11.12 | -83.3 | 113.35 | 15.98 | -13.35 | 0 | 1.72 | -36.88 | 1586.98 | -87.92 |
| 2019 (6) | -3.97 | 0 | 100.00 | 0 | -53920.70 | 0 | 11100.00 | 0 | -55153.40 | 0 | -55153.40 | 0 | -41.47 | 0 | -27.01 | 0 | 0.00 | 0 | -48000.00 | 0 | 66.60 | 87.98 | 97.73 | -0.17 | 2.27 | 7.83 | 2.72 | -15.09 | 13132.00 | 0 |
| 2018 (5) | -3.17 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | -30.41 | 0 | -21.67 | 0 | 0.00 | 0 | 0.00 | 0 | 35.43 | -12.43 | 97.90 | -0.94 | 2.10 | 78.57 | 3.21 | 0 | 0.00 | 0 |
| 2017 (4) | -2.64 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | -22.76 | 0 | -16.93 | 0 | 0.00 | 0 | 0.00 | 0 | 40.46 | 70.93 | 98.82 | -5.67 | 1.18 | 0 | 0.00 | 0 | 0.00 | 0 |
| 2016 (3) | -1.84 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | -14.90 | 0 | -11.98 | 0 | 0.00 | 0 | 0.00 | 0 | 23.67 | 2.91 | 104.76 | 4.19 | -4.76 | 0 | 0.00 | 0 | 0.00 | 0 |
| 2015 (2) | -1.99 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | -15.00 | 0 | -12.64 | 0 | 0.00 | 0 | 0.00 | 0 | 23.00 | 82.54 | 100.55 | -2.24 | -1.10 | 0 | 0.00 | 0 | 0.00 | 0 |
| 2014 (1) | -1.69 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | -13.72 | 0 | -12.46 | 0 | 0.00 | 0 | 0.00 | 0 | 12.60 | 196.47 | 102.86 | 2.86 | -2.86 | 0 | 0.00 | 0 | 0.00 | 0 |
