- 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) | -0.08 | -166.67 | -366.67 | 4.07 | -18.92 | 258.37 | -1.10 | -96.43 | 86.44 | -4.24 | -272.36 | -10500.0 | -3.69 | -407.5 | -638.0 | -0.70 | -418.18 | -775.0 | -0.25 | -175.76 | -266.67 | 0.12 | 9.09 | 20.0 | 21.80 | -25.85 | -23.75 | 59.43 | -0.42 | -14.92 | 26.51 | 213.25 | -99.81 | 74.70 | -39.47 | 100.54 | 25.12 | -5.1 | -15.65 |
| 24Q2 (19) | 0.12 | -60.0 | 250.0 | 5.02 | -43.91 | 690.59 | -0.56 | -115.26 | 91.4 | 2.46 | -71.4 | 145.81 | 1.20 | -80.8 | 126.79 | 0.22 | -81.03 | 129.33 | 0.33 | -64.13 | 250.0 | 0.11 | -8.33 | 10.0 | 29.40 | -12.24 | 27.16 | 59.68 | 3.0 | -13.26 | -23.40 | -154.5 | -119.47 | 123.40 | 114.07 | 680.0 | 26.47 | -1.34 | -12.23 |
| 24Q1 (18) | 0.30 | 850.0 | 328.57 | 8.95 | 10.22 | 445.73 | 3.67 | 8.9 | 197.87 | 8.60 | 485.65 | 1443.75 | 6.25 | 472.02 | 1462.5 | 1.16 | 462.5 | 1557.14 | 0.92 | 0 | 217.24 | 0.12 | 9.09 | 33.33 | 33.50 | 32.31 | 22.31 | 57.94 | -7.8 | -30.32 | 42.94 | 128.2 | -92.53 | 57.65 | -77.15 | 112.14 | 26.83 | 5.67 | -10.27 |
| 23Q4 (17) | -0.04 | -233.33 | 63.64 | 8.12 | 415.95 | -1.81 | 3.37 | 141.55 | 33.2 | -2.23 | -5475.0 | 41.16 | -1.68 | -236.0 | 55.44 | -0.32 | -300.0 | 60.0 | 0.00 | -100.0 | 100.0 | 0.11 | 10.0 | 0.0 | 25.32 | -11.44 | 21.26 | 62.84 | -10.04 | -29.14 | -152.27 | -101.1 | -127.02 | 252.27 | 101.81 | 51.0 | 25.39 | -14.74 | -5.26 |
| 23Q3 (16) | 0.03 | 137.5 | -94.23 | -2.57 | -202.35 | -124.5 | -8.11 | -24.58 | -239.59 | -0.04 | 99.26 | -100.29 | -0.50 | 88.84 | -105.33 | -0.08 | 89.33 | -103.33 | 0.15 | 168.18 | -89.58 | 0.10 | 0.0 | -23.08 | 28.59 | 23.66 | -14.07 | 69.85 | 1.53 | -26.26 | 13900.00 | 11462.83 | 32363.82 | -13900.00 | -65230.0 | -24407.88 | 29.78 | -1.26 | 23.98 |
| 23Q2 (15) | -0.08 | -214.29 | -300.0 | -0.85 | -151.83 | -109.6 | -6.51 | -73.6 | -248.97 | -5.37 | -739.06 | -1132.69 | -4.48 | -1220.0 | -187.18 | -0.75 | -1171.43 | -108.33 | -0.22 | -175.86 | -1200.0 | 0.10 | 11.11 | -16.67 | 23.12 | -15.59 | 4.19 | 68.80 | -17.26 | -28.24 | 120.21 | -79.09 | -85.26 | -21.28 | 95.52 | 97.03 | 30.16 | 0.87 | 20.88 |
| 23Q1 (14) | 0.07 | 163.64 | -36.36 | 1.64 | -80.17 | -78.28 | -3.75 | -248.22 | -309.5 | -0.64 | 83.11 | -117.44 | 0.40 | 110.61 | -70.15 | 0.07 | 108.75 | -75.0 | 0.29 | 293.33 | -12.12 | 0.09 | -18.18 | -18.18 | 27.39 | 31.18 | 2.85 | 83.15 | -6.24 | -8.48 | 575.00 | 957.27 | 1078.05 | -475.00 | -384.31 | -1027.91 | 29.90 | 11.57 | 8.93 |
| 22Q4 (13) | -0.11 | -121.15 | -129.73 | 8.27 | -21.16 | 6.71 | 2.53 | -56.45 | -19.68 | -3.79 | -127.89 | -144.38 | -3.77 | -140.19 | -154.88 | -0.80 | -133.33 | -154.05 | -0.15 | -110.42 | -115.62 | 0.11 | -15.38 | 0.0 | 20.88 | -37.24 | -33.97 | 88.68 | -6.39 | -3.05 | -67.07 | -256.65 | -281.54 | 167.07 | 192.17 | 164.97 | 26.80 | 11.57 | 5.3 |
| 22Q3 (12) | 0.52 | 2700.0 | 1633.33 | 10.49 | 18.53 | 100.19 | 5.81 | 32.95 | 1110.42 | 13.59 | 2513.46 | 3497.5 | 9.38 | 701.28 | 894.92 | 2.40 | 766.67 | 1190.91 | 1.44 | 7100.0 | 1957.14 | 0.13 | 8.33 | 30.0 | 33.27 | 49.93 | 36.74 | 94.73 | -1.19 | 0.83 | 42.82 | -94.75 | 138.54 | 57.18 | 107.99 | -72.91 | 24.02 | -3.73 | -8.67 |
| 22Q2 (11) | -0.02 | -118.18 | 50.0 | 8.85 | 17.22 | 54.45 | 4.37 | 144.13 | 304.63 | 0.52 | -85.83 | 620.0 | -1.56 | -216.42 | 15.68 | -0.36 | -228.57 | -9.09 | 0.02 | -93.94 | 300.0 | 0.12 | 9.09 | 20.0 | 22.19 | -16.67 | -1.42 | 95.87 | 5.53 | 15.85 | 815.38 | 1570.54 | 170.9 | -715.38 | -1497.5 | -155.03 | 24.95 | -9.11 | 4.09 |
| 22Q1 (10) | 0.11 | -70.27 | 83.33 | 7.55 | -2.58 | 291.19 | 1.79 | -43.17 | 147.35 | 3.67 | -57.03 | 252.88 | 1.34 | -80.49 | -10.07 | 0.28 | -81.08 | 64.71 | 0.33 | -65.62 | 65.0 | 0.11 | 0.0 | 57.14 | 26.63 | -15.78 | -8.24 | 90.85 | -0.68 | 61.14 | 48.81 | 32.11 | 113.81 | 51.19 | -18.82 | -88.71 | 27.45 | 7.86 | 5.41 |
| 21Q4 (9) | 0.37 | 1133.33 | 105.56 | 7.75 | 47.9 | 856.79 | 3.15 | 556.25 | 171.11 | 8.54 | 2235.0 | 28.81 | 6.87 | 682.2 | 6.51 | 1.48 | 772.73 | 85.0 | 0.96 | 1271.43 | 60.0 | 0.11 | 10.0 | 37.5 | 31.62 | 29.96 | -16.77 | 91.47 | -2.64 | 78.51 | 36.95 | 133.25 | 155.42 | 63.05 | -70.13 | -62.17 | 25.45 | -3.23 | 6.31 |
| 21Q3 (8) | 0.03 | 175.0 | -92.86 | 5.24 | -8.55 | 22.14 | 0.48 | -55.56 | 152.75 | -0.40 | -300.0 | -102.94 | -1.18 | 36.22 | -108.16 | -0.22 | 33.33 | -111.34 | 0.07 | 800.0 | -94.78 | 0.10 | 0.0 | 11.11 | 24.33 | 8.09 | -45.74 | 93.95 | 13.53 | 71.72 | -111.11 | 90.34 | -1566.67 | 211.11 | -83.76 | 97.92 | 26.30 | 9.72 | 20.15 |
| 21Q2 (7) | -0.04 | -166.67 | -122.22 | 5.73 | 196.89 | 22.17 | 1.08 | 128.57 | 176.92 | -0.10 | -109.62 | -102.37 | -1.85 | -224.16 | -132.12 | -0.33 | -294.12 | -138.82 | -0.01 | -105.0 | -101.61 | 0.10 | 42.86 | 0.0 | 22.51 | -22.43 | -34.35 | 82.75 | 46.77 | 65.77 | -1150.00 | -225.47 | -12750.0 | 1300.00 | 186.76 | 1330.0 | 23.97 | -7.95 | 0 |
| 21Q1 (6) | 0.06 | -66.67 | 122.22 | 1.93 | 138.27 | -41.87 | -3.78 | 14.67 | -142.31 | 1.04 | -84.31 | 112.86 | 1.49 | -76.9 | 117.59 | 0.17 | -78.75 | 114.17 | 0.20 | -66.67 | 127.4 | 0.07 | -12.5 | -22.22 | 29.02 | -23.61 | 36.76 | 56.38 | 10.03 | 2.36 | -353.33 | -430.0 | -1969.72 | 453.33 | 172.0 | 458.96 | 26.04 | 8.77 | 12.29 |
| 20Q4 (5) | 0.18 | -57.14 | -43.75 | 0.81 | -81.12 | -90.04 | -4.43 | -386.81 | -226.93 | 6.63 | -51.21 | -20.69 | 6.45 | -55.39 | -24.74 | 0.80 | -58.76 | -43.26 | 0.60 | -55.22 | -40.0 | 0.08 | -11.11 | -27.27 | 37.99 | -15.28 | 3.01 | 51.24 | -6.34 | 8.74 | -66.67 | -900.0 | -258.97 | 166.67 | 56.25 | 187.04 | 23.94 | 9.37 | 0 |
| 20Q3 (4) | 0.42 | 133.33 | 0.0 | 4.29 | -8.53 | 0.0 | -0.91 | -333.33 | 0.0 | 13.59 | 222.04 | 0.0 | 14.46 | 151.04 | 0.0 | 1.94 | 128.24 | 0.0 | 1.34 | 116.13 | 0.0 | 0.09 | -10.0 | 0.0 | 44.84 | 30.77 | 0.0 | 54.71 | 9.6 | 0.0 | -6.67 | -173.33 | 0.0 | 106.67 | 17.33 | 0.0 | 21.89 | 0 | 0.0 |
| 20Q2 (3) | 0.18 | 166.67 | 0.0 | 4.69 | 41.27 | 0.0 | 0.39 | 125.0 | 0.0 | 4.22 | 152.16 | 0.0 | 5.76 | 168.0 | 0.0 | 0.85 | 170.83 | 0.0 | 0.62 | 184.93 | 0.0 | 0.10 | 11.11 | 0.0 | 34.29 | 61.59 | 0.0 | 49.92 | -9.37 | 0.0 | 9.09 | -51.89 | 0.0 | 90.91 | 12.09 | 0.0 | 0.00 | -100.0 | 0.0 |
| 20Q1 (2) | -0.27 | -184.38 | 0.0 | 3.32 | -59.16 | 0.0 | -1.56 | -144.7 | 0.0 | -8.09 | -196.77 | 0.0 | -8.47 | -198.83 | 0.0 | -1.20 | -185.11 | 0.0 | -0.73 | -173.0 | 0.0 | 0.09 | -18.18 | 0.0 | 21.22 | -42.46 | 0.0 | 55.08 | 16.89 | 0.0 | 18.90 | -54.94 | 0.0 | 81.10 | 39.68 | 0.0 | 23.19 | 0 | 0.0 |
| 19Q4 (1) | 0.32 | 0.0 | 0.0 | 8.13 | 0.0 | 0.0 | 3.49 | 0.0 | 0.0 | 8.36 | 0.0 | 0.0 | 8.57 | 0.0 | 0.0 | 1.41 | 0.0 | 0.0 | 1.00 | 0.0 | 0.0 | 0.11 | 0.0 | 0.0 | 36.88 | 0.0 | 0.0 | 47.12 | 0.0 | 0.0 | 41.94 | 0.0 | 0.0 | 58.06 | 0.0 | 0.0 | 0.00 | 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) | -0.01 | 0 | 1.82 | -79.46 | -3.50 | 0 | 24.66 | 28.15 | -2.06 | 0 | -1.55 | 0 | -1.08 | 0 | 0.23 | -85.89 | 0.40 | -14.89 | 26.09 | 0.27 | 62.84 | -29.14 | 170.00 | 77.68 | -70.00 | 0 | 0.00 | 0 | 28.71 | 11.63 |
| 2022 (9) | 0.50 | 16.28 | 8.86 | 60.22 | 3.72 | 447.06 | 19.24 | -10.64 | 3.89 | 52.55 | 1.64 | 12.33 | 1.45 | 40.78 | 1.63 | 26.36 | 0.47 | 14.63 | 26.02 | -2.87 | 88.68 | -3.05 | 95.68 | 253.66 | 4.32 | -94.07 | 0.00 | 0 | 25.72 | 1.34 |
| 2021 (8) | 0.43 | -15.69 | 5.53 | 66.57 | 0.68 | 0 | 21.53 | -26.34 | 2.55 | -32.89 | 1.46 | -65.81 | 1.03 | -52.31 | 1.29 | -24.56 | 0.41 | 20.59 | 26.79 | -21.85 | 91.47 | 78.51 | 27.05 | 0 | 72.95 | -48.25 | 0.00 | 0 | 25.38 | 13.71 |
| 2020 (7) | 0.51 | 54.55 | 3.32 | 10966.67 | -1.57 | 0 | 29.23 | -3.37 | 3.80 | 88.12 | 4.27 | 74.29 | 2.16 | 46.94 | 1.71 | 35.71 | 0.34 | -12.82 | 34.28 | 2.63 | 51.24 | 8.74 | -41.41 | 0 | 140.97 | -62.26 | 0.00 | 0 | 22.32 | -1.67 |
| 2019 (6) | 0.33 | -57.69 | 0.03 | -99.71 | -5.54 | 0 | 30.25 | 12.35 | 2.02 | -67.31 | 2.45 | -48.31 | 1.47 | -62.02 | 1.26 | -53.51 | 0.39 | -23.53 | 33.40 | -1.76 | 47.12 | -21.83 | -274.26 | 0 | 373.53 | 2722.82 | 0.00 | 0 | 22.70 | 8.1 |
| 2018 (5) | 0.78 | -43.88 | 10.42 | -26.98 | 5.37 | -39.93 | 26.93 | 7.66 | 6.18 | -28.06 | 4.74 | -33.33 | 3.87 | -47.28 | 2.71 | -40.7 | 0.51 | -13.56 | 34.00 | -1.48 | 60.28 | -1.12 | 86.77 | -16.63 | 13.23 | 0 | 0.00 | 0 | 21.00 | 7.31 |
| 2017 (4) | 1.39 | 49.46 | 14.27 | 31.64 | 8.94 | 64.64 | 25.01 | -11.74 | 8.59 | 42.69 | 7.11 | 41.35 | 7.34 | 31.31 | 4.57 | 36.83 | 0.59 | 5.36 | 34.51 | -2.98 | 60.96 | -35.51 | 104.07 | 15.47 | -4.20 | 0 | 0.00 | 0 | 19.57 | -0.71 |
| 2016 (3) | 0.93 | 220.69 | 10.84 | 52.68 | 5.43 | 282.39 | 28.34 | -15.34 | 6.02 | 142.74 | 5.03 | 177.9 | 5.59 | 202.16 | 3.34 | 119.74 | 0.56 | 14.29 | 35.57 | -5.57 | 94.52 | -7.61 | 90.13 | 57.73 | 9.87 | -76.98 | 0.00 | 0 | 19.71 | 5.51 |
| 2015 (2) | 0.29 | -83.52 | 7.10 | -47.95 | 1.42 | -84.88 | 33.47 | 30.96 | 2.48 | -75.78 | 1.81 | -79.29 | 1.85 | -84.53 | 1.52 | -74.45 | 0.49 | -18.33 | 37.67 | 0.96 | 102.30 | -9.88 | 57.14 | -37.7 | 42.86 | 417.31 | 0.00 | 0 | 18.68 | 16.17 |
| 2014 (1) | 1.76 | 170.77 | 13.64 | 0 | 9.39 | 0 | 25.56 | -7.87 | 10.24 | 0 | 8.74 | 0 | 11.96 | 0 | 5.95 | 0 | 0.60 | 9.09 | 37.31 | 8.24 | 113.52 | -20.37 | 91.72 | 44.44 | 8.28 | -77.31 | 0.00 | 0 | 16.08 | -3.89 |
