- 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) | 0.19 | -76.54 | -83.33 | 23.42 | 18.76 | 36.72 | 10.41 | 42.99 | 223.29 | 5.43 | -75.17 | -83.08 | 4.14 | -76.38 | -83.87 | 0.42 | -76.54 | -82.86 | 0.39 | -72.54 | -80.1 | 0.08 | 0.0 | 0.0 | 23.33 | -41.68 | -55.42 | 24.29 | -25.35 | -14.77 | 190.00 | 470.0 | 1641.67 | -90.00 | -235.0 | -199.0 | 33.30 | 0.51 | 7.52 |
| 24Q2 (19) | 0.81 | -10.99 | -64.78 | 19.72 | 80.75 | -46.5 | 7.28 | 216.85 | -73.86 | 21.87 | -33.77 | -35.62 | 17.53 | -33.62 | -35.69 | 1.79 | -10.95 | -61.75 | 1.42 | -12.88 | -62.13 | 0.08 | 33.33 | -42.86 | 40.00 | -32.16 | -11.7 | 32.54 | 6.93 | 29.23 | 33.33 | 283.33 | -59.44 | 66.67 | -44.65 | 274.07 | 33.13 | -23.54 | 64.01 |
| 24Q1 (18) | 0.91 | 171.65 | 33.82 | 10.91 | 1285.87 | -62.01 | -6.23 | 72.75 | -135.14 | 33.02 | 159.0 | 120.43 | 26.41 | 165.15 | 120.82 | 2.01 | 173.63 | 44.6 | 1.63 | 177.25 | 41.74 | 0.06 | 20.0 | -33.33 | 58.96 | 324.78 | 73.41 | 30.43 | 27.0 | 14.1 | -18.18 | -144.16 | -115.58 | 120.45 | 104.77 | 822.73 | 43.33 | -5.64 | 47.23 |
| 23Q4 (17) | -1.27 | -211.4 | -315.25 | -0.92 | -105.37 | -103.66 | -22.86 | -809.94 | -267.47 | -55.97 | -274.42 | -1097.68 | -40.54 | -257.93 | -568.67 | -2.73 | -211.43 | -325.62 | -2.11 | -207.65 | -313.13 | 0.05 | -37.5 | -54.55 | -26.23 | -150.12 | -211.47 | 23.96 | -15.93 | 9.66 | 41.18 | 277.45 | -83.53 | 58.82 | -35.29 | 139.22 | 45.92 | 48.27 | 136.34 |
| 23Q3 (16) | 1.14 | -50.43 | -50.43 | 17.13 | -53.53 | -39.56 | 3.22 | -88.44 | -83.09 | 32.09 | -5.53 | -2.52 | 25.67 | -5.83 | -2.54 | 2.45 | -47.65 | -54.88 | 1.96 | -47.73 | -51.6 | 0.08 | -42.86 | -46.67 | 52.33 | 15.52 | 12.2 | 28.50 | 13.19 | -12.12 | 10.91 | -86.73 | -81.21 | 90.91 | 410.1 | 116.78 | 30.97 | 53.32 | 64.21 |
| 23Q2 (15) | 2.30 | 238.24 | -27.9 | 36.86 | 28.34 | -2.64 | 27.85 | 57.08 | -7.54 | 33.97 | 126.77 | -6.26 | 27.26 | 127.93 | -15.53 | 4.68 | 236.69 | -34.64 | 3.75 | 226.09 | -28.16 | 0.14 | 55.56 | -12.5 | 45.30 | 33.24 | -10.63 | 25.18 | -5.59 | -34.2 | 82.18 | -29.56 | -0.82 | 17.82 | 206.93 | 3.96 | 20.20 | -31.36 | -9.01 |
| 23Q1 (14) | 0.68 | 15.25 | -51.43 | 28.72 | 14.19 | 14.51 | 17.73 | 29.89 | 17.5 | 14.98 | 167.02 | -43.39 | 11.96 | 38.27 | -43.48 | 1.39 | 14.88 | -57.36 | 1.15 | 16.16 | -52.28 | 0.09 | -18.18 | -18.18 | 34.00 | 44.5 | -29.82 | 26.67 | 22.06 | -29.65 | 116.67 | -53.33 | 105.17 | -16.67 | 88.89 | -138.64 | 29.43 | 51.47 | 4.88 |
| 22Q4 (13) | 0.59 | -74.35 | 59.46 | 25.15 | -11.26 | 41.77 | 13.65 | -28.31 | 79.61 | 5.61 | -82.96 | -33.84 | 8.65 | -67.16 | 27.58 | 1.21 | -77.72 | 45.78 | 0.99 | -75.56 | 54.69 | 0.11 | -26.67 | 22.22 | 23.53 | -49.55 | -36.56 | 21.85 | -32.62 | -40.15 | 250.00 | 330.56 | 195.45 | -150.00 | -457.69 | -2050.0 | 19.43 | 3.02 | -28.04 |
| 22Q3 (12) | 2.30 | -27.9 | 19.79 | 28.34 | -25.15 | -11.24 | 19.04 | -36.79 | -21.19 | 32.92 | -9.16 | 37.34 | 26.34 | -18.38 | 25.79 | 5.43 | -24.16 | 15.78 | 4.05 | -22.41 | 20.54 | 0.15 | -6.25 | -6.25 | 46.64 | -7.99 | 18.35 | 32.43 | -15.26 | -15.66 | 58.06 | -29.92 | -41.94 | 41.94 | 144.62 | 2825.81 | 18.86 | -15.05 | -2.93 |
| 22Q2 (11) | 3.19 | 127.86 | 63.59 | 37.86 | 50.96 | 15.18 | 30.12 | 99.6 | 15.67 | 36.24 | 36.96 | 59.93 | 32.27 | 52.5 | 72.84 | 7.16 | 119.63 | 34.33 | 5.22 | 116.6 | 43.01 | 0.16 | 45.45 | -15.79 | 50.69 | 4.62 | 38.95 | 38.27 | 0.95 | -13.06 | 82.86 | 45.71 | -27.5 | 17.14 | -60.26 | 220.0 | 22.20 | -20.88 | -5.37 |
| 22Q1 (10) | 1.40 | 278.38 | 30.84 | 25.08 | 41.38 | -4.68 | 15.09 | 98.55 | -10.97 | 26.46 | 212.03 | 60.75 | 21.16 | 212.09 | 60.3 | 3.26 | 292.77 | 13.99 | 2.41 | 276.56 | 24.23 | 0.11 | 22.22 | -21.43 | 48.45 | 30.63 | 32.59 | 37.91 | 3.83 | -26.52 | 56.86 | -32.8 | -44.76 | 43.14 | 460.78 | 1566.67 | 28.06 | 3.93 | -6.72 |
| 21Q4 (9) | 0.37 | -80.73 | -86.55 | 17.74 | -44.44 | -39.27 | 7.60 | -68.54 | -62.13 | 8.48 | -64.62 | -48.82 | 6.78 | -67.62 | -48.79 | 0.83 | -82.3 | -88.98 | 0.64 | -80.95 | -87.04 | 0.09 | -43.75 | -75.0 | 37.09 | -5.89 | 7.85 | 36.51 | -5.05 | -25.43 | 84.62 | -15.38 | -29.79 | 7.69 | 600.0 | 137.5 | 27.00 | 38.96 | 14.99 |
| 21Q3 (8) | 1.92 | -1.54 | 0 | 31.93 | -2.86 | 0 | 24.16 | -7.22 | 0 | 23.97 | 5.78 | 0 | 20.94 | 12.16 | 0 | 4.69 | -12.01 | 0 | 3.36 | -7.95 | 0 | 0.16 | -15.79 | 0 | 39.41 | 8.03 | 0 | 38.45 | -12.65 | 0 | 100.00 | -12.5 | 0 | -1.54 | 89.23 | 0 | 19.43 | -17.18 | 0 |
| 21Q2 (7) | 1.95 | 82.24 | 0 | 32.87 | 24.93 | 0 | 26.04 | 53.63 | 0 | 22.66 | 37.67 | 0 | 18.67 | 41.44 | 0 | 5.33 | 86.36 | 0 | 3.65 | 88.14 | 0 | 0.19 | 35.71 | 0 | 36.48 | -0.16 | 0 | 44.02 | -14.67 | 0 | 114.29 | 11.02 | 0 | -14.29 | -385.71 | 0 | 23.46 | -22.01 | 0 |
| 21Q1 (6) | 1.07 | -61.09 | 0 | 26.31 | -9.93 | 0 | 16.95 | -15.55 | 0 | 16.46 | -0.66 | 0 | 13.20 | -0.3 | 0 | 2.86 | -62.02 | 0 | 1.94 | -60.73 | 0 | 0.14 | -61.11 | 0 | 36.54 | 6.25 | 0 | 51.59 | 5.37 | 0 | 102.94 | -14.58 | 0 | -2.94 | 85.66 | 0 | 30.08 | 28.11 | 0 |
| 20Q4 (5) | 2.75 | 0 | 0 | 29.21 | 0 | 0 | 20.07 | 0 | 0 | 16.57 | 0 | 0 | 13.24 | 0 | 0 | 7.53 | 0 | 0 | 4.94 | 0 | 0 | 0.36 | 0 | 0 | 34.39 | 0 | 0 | 48.96 | 0 | 0 | 120.51 | 0 | 0 | -20.51 | 0 | 0 | 23.48 | 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) | 2.57 | -63.29 | 24.71 | -17.02 | 12.15 | -40.18 | 17.17 | 6.81 | 14.94 | -43.67 | 12.63 | -45.35 | 5.67 | -62.99 | 4.77 | -60.61 | 0.37 | -28.85 | 32.95 | -23.5 | 23.96 | 9.66 | 81.36 | 6.05 | 18.64 | -19.92 | 0.32 | 11.87 | 28.82 | 32.32 |
| 2022 (9) | 7.00 | 29.39 | 29.78 | 3.76 | 20.31 | -0.93 | 16.08 | -7.68 | 26.52 | 36.91 | 23.11 | 42.83 | 15.32 | 10.77 | 12.11 | 22.32 | 0.52 | -13.33 | 43.07 | 15.5 | 21.85 | -40.15 | 76.72 | -27.68 | 23.28 | 0 | 0.28 | -4.1 | 21.78 | -10.52 |
| 2021 (8) | 5.41 | 11.32 | 28.70 | 8.1 | 20.50 | 10.45 | 17.41 | -4.0 | 19.37 | 21.21 | 16.18 | 26.6 | 13.83 | 4.14 | 9.90 | 13.4 | 0.60 | -10.45 | 37.29 | 7.25 | 36.51 | -25.43 | 106.08 | -9.17 | -6.08 | 0 | 0.29 | -30.53 | 24.34 | 3.05 |
| 2020 (7) | 4.86 | 14.62 | 26.55 | 0.95 | 18.56 | 0.16 | 18.14 | 12.36 | 15.98 | -12.82 | 12.78 | -13.3 | 13.28 | -7.0 | 8.73 | -0.11 | 0.67 | 15.52 | 34.77 | -0.97 | 48.96 | -25.47 | 116.79 | 15.8 | -16.06 | 0 | 0.42 | 0 | 23.62 | -10.94 |
| 2019 (6) | 4.24 | -21.63 | 26.30 | 11.11 | 18.53 | -0.38 | 16.14 | 32.94 | 18.33 | -10.72 | 14.74 | -1.8 | 14.28 | -19.87 | 8.74 | -18.09 | 0.58 | -15.94 | 35.11 | 5.98 | 65.69 | -5.97 | 100.85 | 11.43 | -0.85 | 0 | 0.00 | 0 | 26.52 | 19.08 |
| 2018 (5) | 5.41 | 0 | 23.67 | 0 | 18.60 | 0 | 12.14 | 0 | 20.53 | 0 | 15.01 | 0 | 17.82 | 0 | 10.67 | 0 | 0.69 | 0 | 33.13 | 0 | 69.86 | -4.37 | 90.51 | 0 | 9.49 | 0 | 0.00 | 0 | 22.27 | 0 |
| 2017 (4) | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 73.05 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 |
