- 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) | -1.21 | -61.33 | -4.31 | 14.07 | 0.5 | 10.96 | -1.13 | -169.05 | -0.89 | -1.09 | -289.29 | -23.86 | -1.42 | -71.08 | -22.41 | -1.46 | -73.81 | -10.61 | -0.33 | -135.71 | -10.0 | 0.32 | 0.0 | -8.57 | 2.11 | -29.67 | 3.94 | 226.87 | 6.75 | 6.58 | 104.35 | -28.45 | -18.42 | -3.26 | 92.89 | 88.32 | 6.19 | -2.06 | 5.63 |
| 24Q2 (19) | -0.75 | -38.89 | -8.7 | 14.00 | 8.7 | 4.24 | -0.42 | -250.0 | 56.25 | -0.28 | -833.33 | 71.13 | -0.83 | -167.74 | -31.75 | -0.84 | -140.0 | -21.74 | -0.14 | -1500.0 | -75.0 | 0.32 | -11.11 | 3.23 | 3.00 | 2.39 | 33.33 | 212.53 | -1.38 | -12.97 | 145.83 | -63.54 | 47.51 | -45.83 | 84.72 | -4133.33 | 6.32 | 15.12 | -0.32 |
| 24Q1 (18) | -0.54 | 76.11 | 43.75 | 12.88 | 23.73 | 5.49 | -0.12 | 94.0 | 82.86 | -0.03 | 98.52 | 92.5 | -0.31 | 86.28 | 60.76 | -0.35 | 89.03 | 63.54 | 0.01 | 101.11 | 105.56 | 0.36 | -18.18 | -2.7 | 2.93 | 651.28 | 16.27 | 215.50 | -2.48 | -13.34 | 400.00 | 304.88 | 130.99 | -300.00 | -18775.0 | -310.0 | 5.49 | 31.34 | -4.02 |
| 23Q4 (17) | -2.26 | -94.83 | -3866.67 | 10.41 | -17.9 | -5.1 | -2.00 | -78.57 | -576.19 | -2.03 | -130.68 | -1066.67 | -2.26 | -94.83 | -3328.57 | -3.19 | -141.67 | -2758.33 | -0.90 | -200.0 | -792.31 | 0.44 | 25.71 | -13.73 | 0.39 | -80.79 | -81.34 | 220.99 | 3.81 | 2.75 | 98.80 | -22.76 | -52.37 | 1.61 | 105.76 | 101.5 | 4.18 | -28.67 | 3.47 |
| 23Q3 (16) | -1.16 | -68.12 | -427.27 | 12.68 | -5.58 | -4.52 | -1.12 | -16.67 | -311.32 | -0.88 | 9.28 | -300.0 | -1.16 | -84.13 | -582.35 | -1.32 | -91.3 | -500.0 | -0.30 | -275.0 | -2900.0 | 0.35 | 12.9 | -14.63 | 2.03 | -9.78 | -26.71 | 212.87 | -12.83 | 5.76 | 127.91 | 29.38 | 6.19 | -27.91 | -2555.81 | -22.79 | 5.86 | -7.57 | -8.86 |
| 23Q2 (15) | -0.69 | 28.13 | -6800.0 | 13.43 | 9.99 | 15.08 | -0.96 | -37.14 | -28.0 | -0.97 | -142.5 | -170.8 | -0.63 | 20.25 | -186.3 | -0.69 | 28.13 | -163.3 | -0.08 | 55.56 | -118.6 | 0.31 | -16.22 | -35.42 | 2.25 | -10.71 | -34.97 | 244.20 | -1.8 | 12.8 | 98.86 | -42.91 | 280.07 | 1.14 | 101.55 | -99.27 | 6.34 | 10.84 | 15.9 |
| 23Q1 (14) | -0.96 | -1700.0 | -284.0 | 12.21 | 11.3 | -0.25 | -0.70 | -266.67 | -7100.0 | -0.40 | -290.48 | -242.86 | -0.79 | -1228.57 | -203.85 | -0.96 | -900.0 | -140.0 | -0.18 | -238.46 | -125.0 | 0.37 | -27.45 | -24.49 | 2.52 | 20.57 | 14.55 | 248.68 | 15.63 | 23.5 | 173.17 | -16.51 | 5614.63 | -73.17 | 31.88 | -175.46 | 5.72 | 41.58 | 15.32 |
| 22Q4 (13) | 0.06 | 127.27 | 103.92 | 10.97 | -17.39 | 2.33 | 0.42 | -20.75 | 195.45 | 0.21 | -52.27 | 240.0 | 0.07 | 141.18 | 105.0 | 0.12 | 154.55 | 103.67 | 0.13 | 1400.0 | 114.61 | 0.51 | 24.39 | -23.88 | 2.09 | -24.55 | 47.18 | 215.07 | 6.85 | -1.87 | 207.41 | 72.19 | -25.2 | -107.41 | -372.59 | 39.41 | 4.04 | -37.17 | -4.94 |
| 22Q3 (12) | -0.22 | -2100.0 | -133.85 | 13.28 | 13.8 | 10.02 | 0.53 | 170.67 | -1.85 | 0.44 | -67.88 | -48.84 | -0.17 | -123.29 | -126.15 | -0.22 | -120.18 | -112.36 | -0.01 | -102.33 | -102.04 | 0.41 | -14.58 | -36.92 | 2.77 | -19.94 | 7.36 | 201.28 | -7.03 | -32.26 | 120.45 | 319.4 | 90.4 | -22.73 | -114.67 | -161.87 | 6.43 | 17.55 | 25.59 |
| 22Q2 (11) | -0.01 | 96.0 | -101.82 | 11.67 | -4.66 | -0.68 | -0.75 | -7600.0 | -189.29 | 1.37 | 389.29 | 90.28 | 0.73 | 380.77 | 108.57 | 1.09 | 372.5 | 7.92 | 0.43 | 637.5 | 38.71 | 0.48 | -2.04 | -31.43 | 3.46 | 57.27 | 45.38 | 216.49 | 7.51 | -35.46 | -54.90 | -1911.76 | -147.06 | 154.90 | 59.74 | 1029.41 | 5.47 | 10.28 | 15.64 |
| 22Q1 (10) | -0.25 | 83.66 | -121.37 | 12.24 | 14.18 | 7.75 | 0.01 | 102.27 | -99.19 | 0.28 | 286.67 | -81.94 | -0.26 | 81.43 | -120.97 | -0.40 | 87.77 | -111.4 | -0.08 | 91.01 | -108.42 | 0.49 | -26.87 | -30.99 | 2.20 | 54.93 | -32.72 | 201.36 | -8.13 | -30.34 | 3.03 | -98.91 | -96.2 | 96.97 | 154.7 | 379.46 | 4.96 | 16.71 | 11.21 |
| 21Q4 (9) | -1.53 | -335.38 | -712.0 | 10.72 | -11.18 | -0.37 | -0.44 | -181.48 | -181.48 | -0.15 | -117.44 | -140.54 | -1.40 | -315.38 | -1372.73 | -3.27 | -283.71 | -1090.91 | -0.89 | -281.63 | -656.25 | 0.67 | 3.08 | -16.25 | 1.42 | -44.96 | -27.18 | 219.17 | -26.24 | -27.69 | 277.27 | 338.27 | 87.57 | -177.27 | -582.58 | -270.66 | 4.25 | -16.99 | 3.41 |
| 21Q3 (8) | 0.65 | 18.18 | 12.07 | 12.07 | 2.72 | 6.06 | 0.54 | -35.71 | 35.0 | 0.86 | 19.44 | 132.43 | 0.65 | 85.71 | 20.37 | 1.78 | 76.24 | 23.61 | 0.49 | 58.06 | 13.95 | 0.65 | -7.14 | -4.41 | 2.58 | 8.4 | 11.69 | 297.13 | -11.41 | 5.34 | 63.27 | -45.77 | -41.36 | 36.73 | 320.41 | 797.96 | 5.12 | 8.25 | 13.78 |
| 21Q2 (7) | 0.55 | -52.99 | 22.22 | 11.75 | 3.43 | 1.12 | 0.84 | -32.26 | 37.7 | 0.72 | -53.55 | 1.41 | 0.35 | -71.77 | -25.53 | 1.01 | -71.23 | -21.09 | 0.31 | -67.37 | -20.51 | 0.70 | -1.41 | 4.48 | 2.38 | -27.22 | -9.85 | 335.41 | 16.04 | 11.91 | 116.67 | 46.24 | 37.37 | -16.67 | -182.41 | -210.61 | 4.73 | 6.05 | 0 |
| 21Q1 (6) | 1.17 | 368.0 | 32.95 | 11.36 | 5.58 | -4.62 | 1.24 | 129.63 | -8.82 | 1.55 | 318.92 | 13.14 | 1.24 | 1027.27 | 29.17 | 3.51 | 963.64 | 27.64 | 0.95 | 493.75 | 26.67 | 0.71 | -11.25 | 1.43 | 3.27 | 67.69 | 1.55 | 289.05 | -4.63 | -6.72 | 79.78 | -46.03 | -19.12 | 20.22 | 142.29 | 2873.03 | 4.46 | 8.52 | -18.91 |
| 20Q4 (5) | 0.25 | -56.9 | -13.79 | 10.76 | -5.45 | -0.37 | 0.54 | 35.0 | 20.0 | 0.37 | 0.0 | 2.78 | 0.11 | -79.63 | -52.17 | 0.33 | -77.08 | -54.17 | 0.16 | -62.79 | -38.46 | 0.80 | 17.65 | 6.67 | 1.95 | -15.58 | -6.7 | 303.08 | 7.44 | -0.64 | 147.83 | 37.01 | 16.56 | -47.83 | -808.7 | -96.09 | 4.11 | -8.67 | 39.32 |
| 20Q3 (4) | 0.58 | 28.89 | 0.0 | 11.38 | -2.07 | 0.0 | 0.40 | -34.43 | 0.0 | 0.37 | -47.89 | 0.0 | 0.54 | 14.89 | 0.0 | 1.44 | 12.5 | 0.0 | 0.43 | 10.26 | 0.0 | 0.68 | 1.49 | 0.0 | 2.31 | -12.5 | 0.0 | 282.08 | -5.88 | 0.0 | 107.89 | 27.04 | 0.0 | -5.26 | -134.93 | 0.0 | 4.50 | 0 | 0.0 |
| 20Q2 (3) | 0.45 | -48.86 | 0.0 | 11.62 | -2.43 | 0.0 | 0.61 | -55.15 | 0.0 | 0.71 | -48.18 | 0.0 | 0.47 | -51.04 | 0.0 | 1.28 | -53.45 | 0.0 | 0.39 | -48.0 | 0.0 | 0.67 | -4.29 | 0.0 | 2.64 | -18.01 | 0.0 | 299.71 | -3.28 | 0.0 | 84.93 | -13.9 | 0.0 | 15.07 | 2115.07 | 0.0 | 0.00 | -100.0 | 0.0 |
| 20Q1 (2) | 0.88 | 203.45 | 0.0 | 11.91 | 10.28 | 0.0 | 1.36 | 202.22 | 0.0 | 1.37 | 280.56 | 0.0 | 0.96 | 317.39 | 0.0 | 2.75 | 281.94 | 0.0 | 0.75 | 188.46 | 0.0 | 0.70 | -6.67 | 0.0 | 3.22 | 54.07 | 0.0 | 309.87 | 1.59 | 0.0 | 98.64 | -22.23 | 0.0 | 0.68 | 102.79 | 0.0 | 5.50 | 86.44 | 0.0 |
| 19Q4 (1) | 0.29 | 0.0 | 0.0 | 10.80 | 0.0 | 0.0 | 0.45 | 0.0 | 0.0 | 0.36 | 0.0 | 0.0 | 0.23 | 0.0 | 0.0 | 0.72 | 0.0 | 0.0 | 0.26 | 0.0 | 0.0 | 0.75 | 0.0 | 0.0 | 2.09 | 0.0 | 0.0 | 305.03 | 0.0 | 0.0 | 126.83 | 0.0 | 0.0 | -24.39 | 0.0 | 0.0 | 2.95 | 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) | -5.01 | 0 | 11.60 | -1.69 | -1.77 | 0 | 2.17 | 32.81 | -1.13 | 0 | -1.29 | 0 | -6.21 | 0 | -1.50 | 0 | 1.52 | -16.02 | 1.72 | -34.1 | 220.99 | 2.75 | 156.90 | 0 | -56.90 | 0 | 20.77 | -4.91 | 5.46 | 6.02 |
| 2022 (9) | -0.42 | 0 | 11.80 | 3.15 | -0.13 | 0 | 1.63 | 11.6 | 0.56 | -20.0 | 0.09 | -30.77 | 0.54 | -49.06 | 0.44 | -15.38 | 1.81 | -23.95 | 2.61 | 10.59 | 215.07 | -1.87 | -23.35 | 0 | 123.35 | 331.08 | 21.84 | 29.3 | 5.15 | 11.47 |
| 2021 (8) | 0.84 | -61.11 | 11.44 | 0.53 | 0.50 | -30.56 | 1.46 | -9.82 | 0.70 | 1.45 | 0.13 | -74.0 | 1.06 | -81.17 | 0.52 | -68.86 | 2.38 | -14.08 | 2.36 | -5.98 | 219.17 | -27.69 | 71.09 | -31.61 | 28.61 | 0 | 16.89 | 1858.34 | 4.62 | 0.22 |
| 2020 (7) | 2.16 | 55.4 | 11.38 | -3.56 | 0.72 | 1.41 | 1.62 | -10.49 | 0.69 | 15.0 | 0.50 | 38.89 | 5.63 | 42.89 | 1.67 | 14.38 | 2.77 | -5.78 | 2.51 | -4.92 | 303.08 | -0.64 | 103.95 | -13.25 | -3.95 | 0 | 0.86 | -14.54 | 4.61 | -3.35 |
| 2019 (6) | 1.39 | 0 | 11.80 | -5.07 | 0.71 | 0 | 1.81 | 240.88 | 0.60 | 0 | 0.36 | 0 | 3.94 | 0 | 1.46 | 0 | 2.94 | -3.29 | 2.64 | 0 | 305.03 | 34.97 | 119.83 | 17.95 | -19.83 | 0 | 1.01 | 302.32 | 4.77 | -12.96 |
| 2018 (5) | -8.49 | 0 | 12.43 | -17.63 | -4.99 | 0 | 0.53 | -0.35 | -4.91 | 0 | -5.11 | 0 | -41.20 | 0 | -15.34 | 0 | 3.04 | 14.29 | -4.23 | 0 | 226.00 | 80.21 | 101.59 | 7.39 | -1.59 | 0 | 0.25 | 0 | 5.48 | -8.97 |
| 2017 (4) | 0.31 | -95.53 | 15.09 | -11.86 | -0.71 | 0 | 0.53 | 0.29 | -0.76 | 0 | -1.33 | 0 | -7.03 | 0 | -3.52 | 0 | 2.66 | 5.98 | -0.13 | 0 | 125.41 | 65.58 | 94.59 | -4.51 | 5.41 | 476.22 | 0.00 | 0 | 6.02 | -11.21 |
| 2016 (3) | 6.94 | -15.78 | 17.12 | -0.41 | 4.10 | -10.87 | 0.53 | 4.07 | 4.14 | -12.47 | 3.20 | -14.21 | 14.07 | -30.83 | 8.06 | -22.65 | 2.51 | -10.36 | 4.74 | -10.06 | 75.74 | 2.56 | 99.06 | 1.98 | 0.94 | -66.17 | 0.00 | 0 | 6.78 | 1.5 |
| 2015 (2) | 8.24 | 5.37 | 17.19 | -1.26 | 4.60 | 1.1 | 0.51 | -4.07 | 4.73 | -0.84 | 3.73 | -2.61 | 20.34 | -35.9 | 10.42 | -20.09 | 2.80 | -17.65 | 5.27 | -1.31 | 73.85 | -47.8 | 97.13 | 1.75 | 2.77 | -38.87 | 0.00 | 0 | 6.68 | 0.6 |
| 2014 (1) | 7.82 | 26.95 | 17.41 | 0 | 4.55 | 0 | 0.53 | -2.32 | 4.77 | 0 | 3.83 | 0 | 31.73 | 0 | 13.04 | 0 | 3.40 | -0.29 | 5.34 | 11.02 | 141.47 | -2.94 | 95.46 | -0.94 | 4.54 | 25.01 | 0.00 | 0 | 6.64 | -8.16 |
