- 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) | -0.24 | -71.43 | -105.65 | 26.85 | 278.7 | 73.79 | -6.28 | -166.1 | 87.37 | -1.48 | 32.73 | -100.49 | -13.52 | -503.57 | -104.52 | -1.14 | -80.95 | -103.22 | -0.55 | -111.54 | -104.02 | 0.05 | -70.59 | 0.0 | 10.29 | 691.54 | -96.75 | 64.06 | -0.57 | -49.43 | 400.00 | 300.0 | 2461.9 | -300.00 | 0 | -356.55 | 28.05 | 240.83 | -25.52 |
| 24Q2 (19) | -0.14 | -122.58 | 66.67 | 7.09 | -50.38 | -2.48 | -2.36 | -135.6 | 88.5 | -2.20 | -133.95 | 89.75 | -2.24 | -134.57 | 89.35 | -0.63 | -117.85 | 85.04 | -0.26 | -113.2 | 79.03 | 0.17 | -39.29 | 142.86 | 1.30 | -85.18 | 110.96 | 64.43 | 2.35 | -69.53 | 100.00 | -4.35 | 8.33 | -0.00 | 100.0 | -100.0 | 8.23 | 40.44 | -32.87 |
| 24Q1 (18) | 0.62 | 463.64 | 287.5 | 14.29 | -69.46 | -33.22 | 6.63 | 54.91 | 111.09 | 6.48 | 40.87 | -74.0 | 6.48 | 67.01 | -74.91 | 3.53 | 346.84 | 127.74 | 1.97 | 347.73 | 162.67 | 0.28 | 211.11 | 1300.0 | 8.77 | -31.43 | -84.22 | 62.95 | -56.95 | -66.79 | 104.55 | 4.55 | 138.02 | -4.55 | 0 | -101.21 | 5.86 | -82.13 | -89.21 |
| 23Q4 (17) | 0.11 | -97.41 | -79.25 | 46.79 | 202.85 | 21.31 | 4.28 | 108.61 | -60.19 | 4.60 | -98.47 | -72.02 | 3.88 | -98.7 | -59.63 | 0.79 | -97.77 | -85.18 | 0.44 | -96.78 | -78.95 | 0.09 | 80.0 | -52.63 | 12.79 | -95.97 | -56.47 | 146.24 | 15.45 | -20.37 | 100.00 | 690.48 | 52.94 | 0.00 | -100.0 | -100.0 | 32.79 | -12.93 | 444.68 |
| 23Q3 (16) | 4.25 | 1111.9 | 796.72 | 15.45 | 112.52 | -64.04 | -49.72 | -142.3 | 76.56 | 301.16 | 1503.36 | 215.57 | 299.26 | 1523.01 | 215.0 | 35.38 | 940.38 | 674.35 | 13.67 | 1202.42 | 747.87 | 0.05 | -28.57 | 400.0 | 317.07 | 2773.44 | 270.73 | 126.67 | -40.09 | -33.3 | -16.94 | -118.35 | -120.32 | 116.94 | 1420.16 | 601.61 | 37.66 | 207.18 | -73.89 |
| 23Q2 (15) | -0.42 | -362.5 | -90.91 | 7.27 | -66.03 | -59.02 | -20.52 | 65.69 | 26.66 | -21.46 | -186.12 | 28.78 | -21.03 | -181.42 | 29.29 | -4.21 | -371.61 | -100.48 | -1.24 | -265.33 | -55.0 | 0.07 | 250.0 | 133.33 | -11.86 | -121.35 | -24.58 | 211.45 | 11.55 | 53.29 | 92.31 | 133.57 | -7.69 | 7.69 | -97.95 | 0 | 12.26 | -77.43 | -74.83 |
| 23Q1 (14) | 0.16 | -69.81 | -89.87 | 21.40 | -44.52 | -16.7 | -59.81 | -656.37 | 8.81 | 24.92 | 51.58 | -90.45 | 25.83 | 168.78 | -89.89 | 1.55 | -70.92 | -90.47 | 0.75 | -64.11 | -91.38 | 0.02 | -89.47 | -33.33 | 55.56 | 89.11 | -80.39 | 189.55 | 3.21 | 95.88 | -275.00 | -520.59 | -977.08 | 375.00 | 983.33 | 198.73 | 54.31 | 802.16 | -6.57 |
| 22Q4 (13) | 0.53 | 186.89 | 239.47 | 38.57 | -10.22 | 378.28 | 10.75 | 105.07 | 108.17 | 16.44 | 106.31 | 120.0 | 9.61 | 103.69 | 111.53 | 5.33 | 186.53 | 227.21 | 2.09 | 199.05 | 192.07 | 0.19 | 1800.0 | 533.33 | 29.38 | 115.82 | 154.56 | 183.66 | -3.29 | 125.93 | 65.38 | -21.54 | -57.69 | 34.62 | 107.69 | 154.4 | 6.02 | -95.83 | -92.1 |
| 22Q3 (12) | -0.61 | -177.27 | -90.62 | 42.96 | 142.16 | 9646.67 | -212.15 | -658.22 | -185.42 | -260.58 | -764.85 | -321.72 | -260.22 | -774.98 | -322.64 | -6.16 | -193.33 | -79.59 | -2.11 | -163.75 | 6.64 | 0.01 | -66.67 | -75.0 | -185.71 | -1850.74 | -364.28 | 189.90 | 37.67 | 164.89 | 83.33 | -16.67 | -31.82 | 16.67 | 0 | 175.0 | 144.22 | 196.08 | 126.55 |
| 22Q2 (11) | -0.22 | -113.92 | -46.67 | 17.74 | -30.95 | 165.56 | -27.98 | 57.34 | 67.84 | -30.13 | -111.55 | 33.15 | -29.74 | -111.63 | 34.29 | -2.10 | -112.92 | -34.62 | -0.80 | -109.2 | 35.48 | 0.03 | 0.0 | 0.0 | -9.52 | -103.36 | 68.27 | 137.94 | 42.54 | 543.38 | 100.00 | 491.67 | -50.0 | -0.00 | -100.0 | 100.0 | 48.71 | -16.21 | -21.65 |
| 22Q1 (10) | 1.58 | 515.79 | 15700.0 | 25.69 | 285.35 | 234.07 | -65.59 | 50.17 | -85.91 | 260.90 | 417.4 | 16004.94 | 255.61 | 406.71 | 14022.1 | 16.26 | 488.07 | 17966.67 | 8.70 | 483.26 | 7809.09 | 0.03 | 0.0 | -25.0 | 283.33 | 626.15 | 3868.21 | 96.77 | 19.04 | 340.87 | -25.53 | -116.52 | 0 | 125.53 | 297.26 | 0 | 58.13 | -23.75 | 39.27 |
| 21Q4 (9) | -0.38 | -18.75 | 0 | -13.86 | -2980.0 | -193.78 | -131.64 | -77.1 | -494.85 | -82.20 | -33.03 | -4735.29 | -83.34 | -35.36 | -11978.26 | -4.19 | -22.16 | -10375.0 | -2.27 | -0.44 | -22800.0 | 0.03 | -25.0 | -25.0 | -53.85 | -34.63 | -854.2 | 81.29 | 13.39 | 257.32 | 154.55 | 26.45 | 0 | -63.64 | -186.36 | 0 | 76.24 | 19.76 | 96.9 |
| 21Q3 (8) | -0.32 | -113.33 | -455.56 | -0.45 | 98.34 | -101.53 | -74.33 | 14.57 | -1632.58 | -61.79 | -37.1 | -510.02 | -61.57 | -36.04 | -549.74 | -3.43 | -119.87 | -461.05 | -2.26 | -82.26 | -382.5 | 0.04 | 33.33 | -33.33 | -40.00 | -33.33 | -290.02 | 71.69 | 234.38 | 209.41 | 122.22 | -38.89 | 266.67 | -22.22 | 77.78 | -133.33 | 63.66 | 2.4 | 120.51 |
| 21Q2 (7) | -0.15 | -1600.0 | -66.67 | -27.06 | -451.89 | -331.58 | -87.01 | -146.63 | -50.12 | -45.07 | -2882.1 | -108.37 | -45.26 | -2600.55 | -88.5 | -1.56 | -1833.33 | -64.21 | -1.24 | -1227.27 | -74.65 | 0.03 | -25.0 | 0.0 | -30.00 | -520.17 | -230.03 | 21.44 | -2.32 | -5.63 | 200.00 | 0 | -33.33 | -100.00 | 0 | 50.0 | 62.17 | 48.95 | 0 |
| 21Q1 (6) | 0.01 | 0 | 105.0 | 7.69 | -47.97 | -52.71 | -35.28 | -59.42 | -79.45 | 1.62 | 195.29 | 105.02 | 1.81 | 362.32 | 105.57 | 0.09 | 325.0 | 104.33 | 0.11 | 1000.0 | 106.59 | 0.04 | 0.0 | -20.0 | 7.14 | 0.0 | 132.13 | 21.95 | -3.52 | -9.93 | 0.00 | 0 | -100.0 | 0.00 | 0 | -100.0 | 41.74 | 7.8 | 21.83 |
| 20Q4 (5) | 0.00 | -100.0 | 100.0 | 14.78 | -49.69 | -19.89 | -22.13 | -556.29 | -72.62 | -1.70 | -111.28 | 42.76 | -0.69 | -105.04 | 82.79 | -0.04 | -104.21 | 84.62 | 0.01 | -98.75 | 105.56 | 0.04 | -33.33 | -33.33 | 7.14 | -66.08 | 28.42 | 22.75 | -1.81 | 31.12 | 0.00 | -100.0 | -100.0 | 0.00 | -100.0 | 100.0 | 38.72 | 34.12 | 23.08 |
| 20Q3 (4) | 0.09 | 200.0 | 0.0 | 29.38 | 568.58 | 0.0 | 4.85 | 108.37 | 0.0 | 15.07 | 169.67 | 0.0 | 13.69 | 157.02 | 0.0 | 0.95 | 200.0 | 0.0 | 0.80 | 212.68 | 0.0 | 0.06 | 100.0 | 0.0 | 21.05 | 331.57 | 0.0 | 23.17 | 1.98 | 0.0 | 33.33 | -88.89 | 0.0 | 66.67 | 133.33 | 0.0 | 28.87 | 0 | 0.0 |
| 20Q2 (3) | -0.09 | 55.0 | 0.0 | -6.27 | -138.56 | 0.0 | -57.96 | -194.81 | 0.0 | -21.63 | 32.99 | 0.0 | -24.01 | 26.08 | 0.0 | -0.95 | 54.33 | 0.0 | -0.71 | 57.49 | 0.0 | 0.03 | -40.0 | 0.0 | -9.09 | 59.09 | 0.0 | 22.72 | -6.77 | 0.0 | 300.00 | 500.0 | 0.0 | -200.00 | -700.0 | 0.0 | 0.00 | -100.0 | 0.0 |
| 20Q1 (2) | -0.20 | -566.67 | 0.0 | 16.26 | -11.87 | 0.0 | -19.66 | -53.35 | 0.0 | -32.28 | -986.87 | 0.0 | -32.48 | -709.98 | 0.0 | -2.08 | -700.0 | 0.0 | -1.67 | -827.78 | 0.0 | 0.05 | -16.67 | 0.0 | -22.22 | -499.64 | 0.0 | 24.37 | 40.46 | 0.0 | 50.00 | -75.0 | 0.0 | 33.33 | 116.67 | 0.0 | 34.26 | 8.9 | 0.0 |
| 19Q4 (1) | -0.03 | 0.0 | 0.0 | 18.45 | 0.0 | 0.0 | -12.82 | 0.0 | 0.0 | -2.97 | 0.0 | 0.0 | -4.01 | 0.0 | 0.0 | -0.26 | 0.0 | 0.0 | -0.18 | 0.0 | 0.0 | 0.06 | 0.0 | 0.0 | 5.56 | 0.0 | 0.0 | 17.35 | 0.0 | 0.0 | 200.00 | 0.0 | 0.0 | -200.00 | 0.0 | 0.0 | 31.46 | 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) | 4.10 | 217.83 | 26.84 | -24.24 | -19.42 | 0 | 6.86 | 28.52 | 59.04 | 148.69 | 58.56 | 224.61 | 32.86 | 145.04 | 13.14 | 101.53 | 0.21 | -34.38 | 70.59 | 75.2 | 146.24 | -20.37 | -33.33 | 0 | 133.33 | 2.08 | 0.28 | -60.47 | 29.76 | 51.84 |
| 2022 (9) | 1.29 | 0 | 35.43 | 0 | -7.36 | 0 | 5.34 | -60.33 | 23.74 | 0 | 18.04 | 0 | 13.41 | 0 | 6.52 | 0 | 0.32 | 146.15 | 40.29 | 0 | 183.66 | 125.93 | -30.61 | 0 | 130.61 | 0 | 0.72 | -96.68 | 19.60 | -67.69 |
| 2021 (8) | -0.84 | 0 | -6.56 | 0 | -80.68 | 0 | 13.46 | 108.65 | -46.76 | 0 | -46.97 | 0 | -9.10 | 0 | -5.77 | 0 | 0.13 | -31.58 | -28.85 | 0 | 81.29 | 257.32 | 175.00 | -27.08 | -75.00 | 0 | 21.58 | 0 | 60.66 | 66.65 |
| 2020 (7) | -0.20 | 0 | 16.05 | -7.01 | -19.31 | 0 | 6.45 | 30.65 | -8.66 | 0 | -9.32 | 0 | -2.07 | 0 | -1.56 | 0 | 0.19 | -20.83 | -1.61 | 0 | 22.75 | 31.12 | 240.00 | 0 | -140.00 | 0 | 0.00 | 0 | 36.40 | 21.13 |
| 2019 (6) | 0.04 | 0 | 17.26 | 121.0 | -12.66 | 0 | 4.94 | 30.86 | 1.43 | 0 | 1.29 | 0 | 0.38 | 0 | 0.52 | 0 | 0.24 | -14.29 | 7.41 | 0 | 17.35 | -32.41 | -1000.00 | 0 | 1100.00 | 0 | 0.00 | 0 | 30.05 | 8.96 |
| 2018 (5) | -0.62 | 0 | 7.81 | -61.9 | -18.56 | 0 | 3.77 | 33.02 | -16.95 | 0 | -16.93 | 0 | -6.10 | 0 | -4.42 | 0 | 0.28 | -17.65 | -11.32 | 0 | 25.67 | -23.65 | 111.11 | 0 | -11.11 | 0 | 0.00 | 0 | 27.58 | 15.98 |
| 2017 (4) | 0.30 | 233.33 | 20.50 | -12.05 | -4.37 | 0 | 2.84 | -10.64 | 6.74 | 189.27 | 6.20 | 200.97 | 2.85 | 231.4 | 2.40 | 142.42 | 0.34 | 13.33 | 10.64 | 49.02 | 33.62 | -6.56 | -66.67 | 0 | 177.78 | -11.11 | 0.00 | 0 | 23.78 | -4.92 |
| 2016 (3) | 0.09 | 0 | 23.31 | 0.17 | -2.06 | 0 | 3.17 | -7.3 | 2.33 | 0 | 2.06 | 0 | 0.86 | 0 | 0.99 | 0 | 0.30 | -9.09 | 7.14 | 421.17 | 35.98 | -19.04 | -100.00 | 0 | 200.00 | 900.0 | 0.00 | 0 | 25.01 | 17.31 |
| 2015 (2) | -0.27 | 0 | 23.27 | 43.64 | -3.03 | 0 | 3.42 | -56.62 | -3.50 | 0 | -5.51 | 0 | -2.61 | 0 | -1.44 | 0 | 0.33 | -5.71 | 1.37 | -73.95 | 44.44 | 13.74 | 80.00 | -52.0 | 20.00 | 0 | 0.00 | 0 | 21.32 | -8.54 |
| 2014 (1) | -0.16 | 0 | 16.20 | 0 | -6.91 | 0 | 7.89 | -7.73 | -3.83 | 0 | -3.19 | 0 | -1.52 | 0 | -0.75 | 0 | 0.35 | -12.5 | 5.26 | 0 | 39.07 | 4.69 | 166.67 | 0 | -83.33 | 0 | 0.00 | 0 | 23.31 | 7.07 |
