- 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) | -0.96 | -29.73 | -52.38 | -309.71 | -2635.95 | -2506.45 | -6689.78 | -273.73 | 88.96 | -6695.83 | -284.3 | 87.49 | -6688.60 | -281.58 | 87.53 | -11.13 | -42.33 | -115.7 | -8.27 | -34.91 | -84.6 | 0.00 | 0 | 0 | -6018.18 | -291.43 | 86.38 | 34.54 | 14.07 | 149.75 | 99.86 | -2.75 | -2.38 | 0.14 | 105.09 | 105.94 | 2534.04 | 225.02 | -89.27 |
| 24Q2 (19) | -0.74 | -39.62 | -89.74 | -11.32 | 43.77 | -175.87 | -1789.98 | -3.16 | 92.96 | -1742.34 | -20.11 | 90.11 | -1752.89 | -20.85 | 90.13 | -7.82 | -45.9 | -128.65 | -6.13 | -40.27 | -107.8 | 0.00 | 0 | 0 | -1537.50 | -24.78 | 87.19 | 30.28 | 53.24 | 126.99 | 102.68 | -14.15 | -28.72 | -2.68 | 86.31 | 93.96 | 779.66 | -14.93 | -91.08 |
| 24Q1 (18) | -0.53 | 27.4 | -43.24 | -20.13 | 71.39 | -185.01 | -1735.18 | 85.77 | 99.24 | -1450.65 | 87.94 | 99.18 | -1450.41 | 88.09 | 99.2 | -5.36 | 28.34 | -67.5 | -4.37 | 30.63 | -50.69 | 0.00 | 0 | 0 | -1232.14 | 87.6 | 0 | 19.76 | 2.97 | 48.01 | 119.60 | 8.6 | -7.55 | -19.60 | -93.53 | 32.39 | 916.50 | -80.51 | -99.02 |
| 23Q4 (17) | -0.73 | -15.87 | -87.18 | -70.36 | -646.7 | -385.2 | -12194.10 | 79.87 | 65.62 | -12023.80 | 77.53 | 60.94 | -12179.30 | 77.29 | 61.19 | -7.48 | -44.96 | -130.86 | -6.30 | -40.62 | -108.61 | 0.00 | 0 | 0 | -9940.00 | 77.51 | 59.26 | 19.19 | 38.76 | 205.09 | 110.13 | 7.65 | -4.4 | -10.13 | -340.15 | 33.34 | 4702.65 | -80.08 | -51.43 |
| 23Q3 (16) | -0.63 | -61.54 | -53.66 | 12.87 | -13.74 | -48.95 | -60587.00 | -138.33 | 29.57 | -53504.60 | -203.77 | 39.01 | -53623.30 | -201.82 | 38.87 | -5.16 | -50.88 | -52.66 | -4.48 | -51.86 | -42.22 | 0.00 | 0 | 0 | -44200.00 | -268.33 | 0 | 13.83 | 3.67 | 107.66 | 102.30 | -28.99 | 4.35 | -2.30 | 94.82 | -217.36 | 23607.20 | 170.04 | -12.09 |
| 23Q2 (15) | -0.39 | -5.41 | 2.5 | 14.92 | -36.99 | -42.53 | -25421.50 | 88.89 | -61.65 | -17613.30 | 90.06 | -6.3 | -17766.70 | 90.14 | -7.23 | -3.42 | -6.87 | 5.52 | -2.95 | -1.72 | 10.33 | 0.00 | 0 | 0 | -12000.00 | 0 | 5.51 | 13.34 | -0.07 | 102.12 | 144.06 | 11.35 | 51.83 | -44.41 | -53.14 | -967.39 | 8742.11 | -90.64 | 14.91 |
| 23Q1 (14) | -0.37 | 5.13 | 0.0 | 23.68 | -4.01 | 25.69 | -228803.00 | -545.06 | -2977.1 | -177275.00 | -475.85 | -2196.77 | -180227.00 | -474.31 | -2234.61 | -3.20 | 1.23 | 11.85 | -2.90 | 3.97 | 10.77 | 0.00 | 0 | 0 | 0.00 | 100.0 | 100.0 | 13.35 | 112.24 | 9.07 | 129.37 | 12.3 | 34.48 | -29.00 | -90.84 | -862.6 | 93412.50 | 864.75 | 2573.8 |
| 22Q4 (13) | -0.39 | 4.88 | -62.5 | 24.67 | -2.14 | 137.67 | -35470.20 | 58.77 | -1028.58 | -30785.00 | 64.91 | -951.6 | -31381.60 | 64.23 | -977.94 | -3.24 | 4.14 | -47.27 | -3.02 | 4.13 | -53.3 | 0.00 | 0 | 0 | -24400.00 | 0 | -1120.0 | 6.29 | -5.56 | -25.39 | 115.19 | 17.5 | 7.2 | -15.19 | -874.91 | -103.86 | 9682.61 | -63.94 | 517.58 |
| 22Q3 (12) | -0.41 | -2.5 | -32.26 | 25.21 | -2.89 | -19.69 | -86024.10 | -447.02 | -801.89 | -87724.60 | -429.46 | -692.51 | -87724.60 | -429.46 | -686.8 | -3.38 | 6.63 | 25.55 | -3.15 | 4.26 | 21.25 | 0.00 | 0 | 0 | 0.00 | 100.0 | 100.0 | 6.66 | 0.91 | -24.06 | 98.04 | 3.33 | 13.79 | 1.96 | -61.7 | -85.83 | 26853.00 | 252.97 | 980.67 |
| 22Q2 (11) | -0.40 | -8.11 | -37.93 | 25.96 | 37.79 | 4087.1 | -15726.00 | -111.49 | -299.97 | -16568.80 | -114.66 | -318.47 | -16568.80 | -114.63 | -318.47 | -3.62 | 0.28 | 50.21 | -3.29 | -1.23 | 45.26 | 0.00 | 0 | 0 | -12700.00 | -70.09 | -326.17 | 6.60 | -46.08 | -68.51 | 94.88 | -1.37 | -4.12 | 5.12 | 34.64 | 877.82 | 7607.69 | 117.76 | 411.34 |
| 22Q1 (10) | -0.37 | -54.17 | -48.0 | 18.84 | 81.5 | -41.03 | -7435.66 | -136.59 | -13.38 | -7718.46 | -163.66 | -26.71 | -7719.78 | -165.17 | -26.7 | -3.63 | -65.0 | 38.16 | -3.25 | -64.97 | 34.08 | 0.00 | 0 | 0 | -7466.67 | -273.33 | -85.12 | 12.24 | 45.2 | -32.64 | 96.20 | -10.47 | -10.87 | 3.80 | 151.01 | 147.97 | 3493.62 | 122.83 | 23.46 |
| 21Q4 (9) | -0.24 | 22.58 | 52.0 | 10.38 | -66.93 | -59.81 | -3142.90 | 67.05 | 10.33 | -2927.43 | 73.55 | 16.14 | -2911.26 | 73.89 | 16.6 | -2.20 | 51.54 | 78.26 | -1.97 | 50.75 | 77.46 | 0.00 | 0 | 0 | -2000.00 | 77.9 | 29.96 | 8.43 | -3.88 | -49.49 | 107.45 | 24.71 | 6.8 | -7.45 | -153.86 | -2344.72 | 1567.84 | -36.9 | 21.94 |
| 21Q3 (8) | -0.31 | -6.9 | 0 | 31.39 | 4962.9 | 0 | -9538.22 | -142.59 | 0 | -11069.20 | -179.57 | 0 | -11149.50 | -181.6 | 0 | -4.54 | 37.55 | 0 | -4.00 | 33.44 | 0 | 0.00 | 0 | 0 | -9050.00 | -203.69 | 0 | 8.77 | -58.16 | 0 | 86.16 | -12.93 | 0 | 13.84 | 2543.3 | 0 | 2484.85 | 67.02 | 0 |
| 21Q2 (7) | -0.29 | -16.0 | 43.14 | 0.62 | -98.06 | 0 | -3931.81 | 40.05 | 0 | -3959.40 | 35.0 | 0 | -3959.40 | 35.02 | 0 | -7.27 | -23.85 | 24.97 | -6.01 | -21.91 | 28.11 | 0.00 | 0 | 0 | -2980.00 | 26.12 | 0 | 20.96 | 15.35 | 23.0 | 98.95 | -8.31 | -5.6 | 0.52 | 106.6 | 110.22 | 1487.80 | -47.43 | 0 |
| 21Q1 (6) | -0.25 | 50.0 | 0 | 31.95 | 23.69 | 0 | -6558.03 | -87.1 | 0 | -6091.21 | -74.49 | 0 | -6092.88 | -74.54 | 0 | -5.87 | 42.0 | 0 | -4.93 | 43.59 | 0 | 0.00 | 0 | 0 | -4033.33 | -41.24 | 0 | 18.17 | 8.87 | 0 | 107.93 | 7.27 | 0 | -7.93 | -2500.0 | 0 | 2829.87 | 120.09 | 0 |
| 20Q4 (5) | -0.50 | 0 | 61.24 | 25.83 | 0 | 0 | -3505.11 | 0 | 0 | -3490.79 | 0 | 0 | -3490.79 | 0 | 0 | -10.12 | 0 | 50.44 | -8.74 | 0 | 36.8 | 0.00 | 0 | 0 | -2855.56 | 0 | 0 | 16.69 | 0 | 21.29 | 100.61 | 0 | 3.97 | -0.30 | 0 | -108.8 | 1285.78 | 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) | -2.12 | 0 | -40.97 | 0 | -24689.80 | 0 | 1914.29 | -20.24 | -21073.50 | 0 | -21281.40 | 0 | -19.53 | 0 | -17.10 | 0 | 0.00 | 0 | -20128.57 | 0 | 19.19 | 205.09 | 117.12 | 15.81 | -17.18 | 0 | 23.15 | 0 | 9422.71 | 39.11 |
| 2022 (9) | -1.57 | 0 | 21.98 | 57.68 | -17977.10 | 0 | 2400.00 | 133.77 | -17780.70 | 0 | -17866.60 | 0 | -14.48 | 0 | -13.40 | 0 | 0.00 | 0 | -16500.00 | 0 | 6.29 | -25.39 | 101.14 | 2.24 | -1.14 | 0 | 0.00 | 0 | 6773.63 | 258.11 |
| 2021 (8) | -1.09 | 0 | 13.94 | -46.03 | -4866.15 | 0 | 1026.67 | -30.53 | -4917.96 | 0 | -4923.12 | 0 | -14.67 | 0 | -13.03 | 0 | 0.00 | 0 | -3806.67 | 0 | 8.43 | -49.49 | 98.92 | -3.71 | 1.08 | 0 | 0.00 | 0 | 1891.51 | -26.83 |
| 2020 (7) | -1.01 | 0 | 25.83 | 0 | -7205.72 | 0 | 1477.78 | 0 | -7015.69 | 0 | -7016.20 | 0 | -20.34 | 0 | -17.57 | 0 | 0.00 | 0 | -5800.00 | 0 | 16.69 | 21.29 | 102.73 | 7.12 | -2.73 | 0 | 0.03 | 0 | 2585.08 | 0 |
| 2019 (6) | -2.46 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | -39.05 | 0 | -26.35 | 0 | 0.00 | 0 | 0.00 | 0 | 13.76 | -93.4 | 95.90 | -2.4 | 4.10 | 122.77 | 0.00 | 0 | 0.00 | 0 |
| 2018 (5) | -3.81 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | -125.22 | 0 | -47.85 | 0 | 0.00 | 0 | 0.00 | 0 | 208.44 | 73.15 | 98.26 | 4.43 | 1.84 | -69.42 | 0.00 | 0 | 0.00 | 0 |
| 2017 (4) | -3.92 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | -146.91 | 0 | -41.08 | 0 | 0.00 | 0 | 0.00 | 0 | 120.38 | -85.26 | 94.09 | -2.73 | 6.02 | 84.36 | 0.00 | 0 | 0.00 | 0 |
| 2016 (3) | -4.75 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | -148.74 | 0 | -42.41 | 0 | 0.00 | 0 | 0.00 | 0 | 816.63 | 564.3 | 96.73 | 4.02 | 3.27 | -53.4 | 0.00 | 0 | 0.00 | 0 |
| 2015 (2) | -6.14 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | -139.87 | 0 | -51.97 | 0 | 0.00 | 0 | 0.00 | 0 | 122.93 | -40.52 | 92.99 | 5.4 | 7.01 | -40.47 | 0.00 | 0 | 0.00 | 0 |
| 2014 (1) | -5.74 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | -124.09 | 0 | -44.23 | 0 | 0.00 | 0 | 0.00 | 0 | 206.66 | 0 | 88.23 | 0 | 11.77 | 0 | 0.00 | 0 | 0.00 | 0 |
