- 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 | |||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24Q4 (20) | -0.18 | -125.0 | 37.93 | -30.57 | -253.08 | -140.28 | -630.24 | -59.14 | -17.99 | -299.61 | -134.6 | 26.8 | -299.70 | -134.27 | 26.78 | -0.85 | -136.11 | 67.56 | -0.76 | -153.33 | 65.92 | 0.00 | 0 | -100.0 | -255.56 | -187.5 | 25.8 | 9.09 | 9.65 | -41.43 | 207.41 | -30.86 | 57.81 | -111.11 | 46.67 | -253.54 | 187.03 | 7.03 | -6.96 |
| 24Q3 (19) | -0.08 | 63.64 | 46.67 | 19.97 | -73.46 | -73.48 | -396.02 | -5.07 | -62.7 | -127.71 | 59.02 | 33.09 | -127.93 | 59.11 | 32.98 | -0.36 | 68.7 | 71.65 | -0.30 | 69.7 | 70.87 | 0.00 | 0 | -100.0 | -88.89 | 69.08 | 38.46 | 8.29 | -28.84 | -44.99 | 300.00 | 143.75 | 131.82 | -208.33 | -802.78 | -608.33 | 174.74 | -45.28 | -6.34 |
| 24Q2 (18) | -0.22 | 0.0 | -22.22 | 75.25 | 28.79 | 947.41 | -376.92 | 45.21 | 87.17 | -311.66 | 36.97 | 85.27 | -312.87 | 36.72 | 85.21 | -1.15 | 43.63 | 36.11 | -0.99 | 42.11 | 28.26 | 0.00 | 0 | 0 | -287.50 | 37.5 | 84.03 | 11.65 | -31.87 | -42.98 | 123.08 | -10.19 | -13.12 | -23.08 | 43.36 | 38.46 | 319.32 | -22.11 | -77.81 |
| 24Q1 (17) | -0.22 | 24.14 | -15.79 | 58.43 | -23.01 | 0 | -687.95 | -28.8 | 0 | -494.45 | -20.81 | 0 | -494.45 | -20.81 | 0 | -2.04 | 22.14 | -15.25 | -1.71 | 23.32 | -25.74 | 0.00 | -100.0 | 0 | -460.00 | -33.55 | 0 | 17.10 | 10.18 | -8.21 | 137.04 | 4.27 | 6.09 | -40.74 | -29.63 | -39.68 | 409.97 | 103.94 | 0 |
| 23Q4 (16) | -0.29 | -93.33 | 53.23 | 75.89 | 0.8 | -18.63 | -534.14 | -119.45 | 92.93 | -409.29 | -114.42 | 94.29 | -409.29 | -114.42 | 94.29 | -2.62 | -106.3 | 54.12 | -2.23 | -116.5 | 54.4 | 0.01 | 0.0 | 0 | -344.44 | -138.47 | 95.53 | 15.52 | 2.99 | -14.3 | 131.43 | 1.56 | 25.32 | -31.43 | -6.86 | -544.29 | 201.02 | 7.75 | -84.75 |
| 23Q3 (15) | -0.15 | 16.67 | 82.35 | 75.29 | 947.86 | 0 | -243.40 | 91.72 | 0 | -190.88 | 90.98 | 0 | -190.88 | 90.98 | 0 | -1.27 | 29.44 | 84.12 | -1.03 | 25.36 | 85.14 | 0.01 | 0 | 0 | -144.44 | 91.98 | 0 | 15.07 | -26.24 | 23.32 | 129.41 | -8.65 | 97.1 | -29.41 | 21.57 | -183.19 | 186.57 | -87.03 | 0 |
| 23Q2 (14) | -0.18 | 5.26 | 0 | -8.88 | 0 | 0 | -2938.47 | 0 | 0 | -2115.84 | 0 | 0 | -2115.84 | 0 | 0 | -1.80 | -1.69 | 0 | -1.38 | -1.47 | 0 | 0.00 | 0 | 0 | -1800.00 | 0 | 0 | 20.43 | 9.66 | 0 | 141.67 | 9.68 | 0 | -37.50 | -28.57 | 0 | 1438.73 | 0 | 0 |
| 23Q1 (13) | -0.19 | 69.35 | 0 | 0.00 | -100.0 | 0 | 0.00 | 100.0 | 0 | 0.00 | 100.0 | 0 | 0.00 | 100.0 | 0 | -1.77 | 69.0 | 0 | -1.36 | 72.19 | 0 | 0.00 | 0 | 0 | 0.00 | 100.0 | 0 | 18.63 | 2.87 | 0 | 129.17 | 23.16 | 0 | -29.17 | -497.92 | 0 | 0.00 | -100.0 | 0 |
| 22Q4 (12) | -0.62 | 27.06 | 0 | 93.26 | 0 | 0 | -7552.14 | 0 | 0 | -7162.38 | 0 | 0 | -7162.38 | 0 | 0 | -5.71 | 28.62 | 0 | -4.89 | 29.44 | 0 | 0.00 | 0 | 0 | -7700.00 | 0 | 0 | 18.11 | 48.2 | 0 | 104.88 | 59.74 | 0 | -4.88 | -113.8 | 0 | 1318.37 | 0 | 0 |
| 22Q3 (11) | -0.85 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | -8.00 | 0 | 0 | -6.93 | 0 | 0 | 0.00 | 0 | 0 | 0.00 | 0 | 0 | 12.22 | 0 | 0 | 65.66 | 0 | 0 | 35.35 | 0 | 0 | 0.00 | 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 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 (10) | -0.68 | 0 | 27.09 | -54.25 | -505.80 | 0 | 37.50 | -45.19 | -286.69 | 0 | -287.10 | 0 | -4.17 | 0 | -3.62 | 0 | 0.01 | 0.0 | -237.50 | 0 | 9.09 | -41.43 | 176.09 | 33.72 | -76.09 | 0 | 0.00 | 0 | 256.48 | -31.49 |
| 2023 (9) | -0.81 | 0 | 59.21 | -36.51 | -704.87 | 0 | 68.42 | -94.74 | -534.89 | 0 | -534.89 | 0 | -7.54 | 0 | -6.08 | 0 | 0.01 | 0 | -426.32 | 0 | 15.52 | -14.3 | 131.68 | 47.32 | -31.68 | 0 | 0.00 | 0 | 374.36 | -94.68 |
| 2022 (8) | -2.29 | 0 | 93.26 | -1.11 | -22806.70 | 0 | 1300.00 | 0.0 | -25558.40 | 0 | -25558.40 | 0 | -24.75 | 0 | -20.73 | 0 | 0.00 | 0 | -27600.00 | 0 | 18.11 | -3.05 | 89.38 | -15.05 | 10.62 | 0 | 0.00 | 0 | 7035.17 | 65.53 |
| 2021 (7) | -1.11 | 0 | 94.31 | -0.05 | -10571.00 | 0 | 1300.00 | 8.33 | -10036.80 | 0 | -11366.60 | 0 | -12.34 | 0 | -10.86 | 0 | 0.00 | 0 | -10100.00 | 0 | 18.68 | 143.55 | 105.22 | -10.97 | -5.22 | 0 | 0.00 | 0 | 4249.96 | -43.64 |
| 2020 (6) | -0.89 | 0 | 94.36 | 0.01 | -14089.60 | 0 | 1200.00 | 0 | -11922.80 | 0 | -11922.80 | 0 | -10.94 | 0 | -10.00 | 0 | 0.00 | 0 | -8600.00 | 0 | 7.67 | -31.64 | 118.18 | 5.36 | -18.18 | 0 | 0.00 | 0 | 7541.30 | -67.64 |
| 2019 (5) | -1.07 | 0 | 94.35 | 0.86 | -51944.80 | 0 | 0.00 | 0 | -46499.60 | 0 | -46499.60 | 0 | -15.61 | 0 | -13.37 | 0 | 0.00 | 0 | 0.00 | 0 | 11.22 | -42.55 | 112.17 | 3.13 | -12.17 | 0 | 0.00 | 0 | 23304.40 | -74.25 |
| 2018 (4) | -1.10 | 0 | 93.55 | -6.45 | -199758.00 | 0 | 0.00 | 0 | -183916.00 | 0 | -183916.00 | 0 | -16.99 | 0 | -14.05 | 0 | 0.00 | 0 | 0.00 | 0 | 19.53 | 17.79 | 108.77 | -0.69 | -8.77 | 0 | 0.00 | 0 | 90491.90 | 1212.54 |
| 2017 (3) | -1.27 | 0 | 100.00 | 0.0 | -13110.70 | 0 | 500.00 | 0 | -11935.00 | 0 | -11935.00 | 0 | -19.96 | 0 | -17.22 | 0 | 0.00 | 0 | -11900.00 | 0 | 16.58 | 26.28 | 109.52 | 6.45 | -9.52 | 0 | 0.00 | 0 | 6894.40 | -83.08 |
| 2016 (2) | -1.08 | 0 | 100.00 | 0 | -114986.00 | 0 | 0.00 | 0 | -112213.00 | 0 | -112213.00 | 0 | -17.34 | 0 | -15.15 | 0 | 0.00 | 0 | 0.00 | 0 | 13.13 | 0 | 102.88 | 0 | -2.88 | 0 | 0.00 | 0 | 40739.80 | 0 |
