- 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 | |||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
24Q2 (20) | 0.57 | 46.15 | -13.64 | 16.18 | 40.57 | 25.72 | 7.66 | 36.06 | 12.98 | 9.84 | 50.92 | 23.15 | 10.14 | 82.05 | 22.61 | 3.68 | 46.03 | -16.55 | 2.31 | 55.03 | -15.38 | 0.22 | -15.38 | -33.33 | 13.29 | 45.25 | 21.48 | 57.34 | -20.24 | -23.5 | 77.67 | -9.56 | -8.99 | 22.33 | 58.17 | 43.91 | 12.39 | 35.71 | 43.24 |
24Q1 (19) | 0.39 | -4.88 | -17.02 | 11.51 | -8.36 | -17.96 | 5.63 | -13.52 | -25.73 | 6.52 | 6.36 | -16.62 | 5.57 | 6.1 | -15.35 | 2.52 | -3.08 | -16.28 | 1.49 | -3.25 | -25.5 | 0.26 | -10.34 | -13.33 | 9.15 | 3.74 | -19.6 | 71.89 | -2.23 | 43.18 | 85.88 | -18.89 | -11.43 | 14.12 | 340.0 | 365.88 | 9.13 | 1.33 | -0.22 |
23Q4 (18) | 0.41 | -2.38 | 17.14 | 12.56 | 5.63 | -33.3 | 6.51 | 18.36 | -30.97 | 6.13 | -5.11 | -25.24 | 5.25 | -8.85 | -16.13 | 2.60 | -8.45 | 17.12 | 1.54 | -6.1 | 5.48 | 0.29 | 3.57 | 26.09 | 8.82 | -5.06 | -23.7 | 73.53 | 3.2 | 43.5 | 105.88 | 24.74 | -8.08 | -5.88 | -138.91 | 61.27 | 9.01 | 2.04 | -33.55 |
23Q3 (17) | 0.42 | -36.36 | -38.24 | 11.89 | -7.61 | -29.31 | 5.50 | -18.88 | -43.36 | 6.46 | -19.15 | -49.57 | 5.76 | -30.35 | -47.11 | 2.84 | -35.6 | -37.44 | 1.64 | -39.93 | -41.43 | 0.28 | -15.15 | 7.69 | 9.29 | -15.08 | -47.16 | 71.25 | -4.94 | 31.38 | 84.88 | -0.54 | 12.11 | 15.12 | -2.58 | -37.76 | 8.83 | 2.08 | -24.27 |
23Q2 (16) | 0.66 | 40.43 | 15.79 | 12.87 | -8.27 | -5.78 | 6.78 | -10.55 | 4.63 | 7.99 | 2.17 | -20.89 | 8.27 | 25.68 | 0.24 | 4.41 | 46.51 | 20.82 | 2.73 | 36.5 | 25.23 | 0.33 | 10.0 | 26.92 | 10.94 | -3.87 | -26.87 | 74.95 | 49.27 | 3.54 | 85.34 | -11.99 | 32.0 | 15.52 | 412.07 | -57.14 | 8.65 | -5.46 | -21.36 |
23Q1 (15) | 0.47 | 34.29 | 11.9 | 14.03 | -25.49 | 11.26 | 7.58 | -19.62 | 30.46 | 7.82 | -4.63 | 1.69 | 6.58 | 5.11 | 3.3 | 3.01 | 35.59 | 12.73 | 2.00 | 36.99 | 25.0 | 0.30 | 30.43 | 20.0 | 11.38 | -1.56 | -15.07 | 50.21 | -2.01 | -22.69 | 96.97 | -15.82 | 27.75 | 3.03 | 119.95 | -87.42 | 9.15 | -32.52 | -23.94 |
22Q4 (14) | 0.35 | -48.53 | 29.63 | 18.83 | 11.95 | 14.33 | 9.43 | -2.88 | 16.71 | 8.20 | -35.99 | 14.85 | 6.26 | -42.52 | 49.4 | 2.22 | -51.1 | 11.56 | 1.46 | -47.86 | 26.96 | 0.23 | -11.54 | -14.81 | 11.56 | -34.24 | -15.12 | 51.24 | -5.51 | -28.58 | 115.19 | 52.14 | 1.23 | -15.19 | -162.55 | -20.14 | 13.56 | 16.3 | 22.71 |
22Q3 (13) | 0.68 | 19.3 | 47.83 | 16.82 | 23.13 | 7.75 | 9.71 | 49.85 | 43.64 | 12.81 | 26.83 | 65.72 | 10.89 | 32.0 | 54.25 | 4.54 | 24.38 | 31.59 | 2.80 | 28.44 | 59.09 | 0.26 | 0.0 | 4.0 | 17.58 | 17.51 | 48.86 | 54.23 | -25.09 | -32.86 | 75.71 | 17.1 | -13.6 | 24.29 | -32.93 | 96.31 | 11.66 | 6.0 | 7.47 |
22Q2 (12) | 0.57 | 35.71 | 96.55 | 13.66 | 8.33 | 8.16 | 6.48 | 11.53 | 37.87 | 10.10 | 31.34 | 126.97 | 8.25 | 29.51 | 129.17 | 3.65 | 36.7 | 79.8 | 2.18 | 36.25 | 124.74 | 0.26 | 4.0 | -3.7 | 14.96 | 11.64 | 46.95 | 72.39 | 11.45 | -35.71 | 64.66 | -14.82 | -39.09 | 36.21 | 50.26 | 688.36 | 11.00 | -8.56 | 99.64 |
22Q1 (11) | 0.42 | 55.56 | 82.61 | 12.61 | -23.44 | 40.42 | 5.81 | -28.09 | 215.76 | 7.69 | 7.7 | 127.51 | 6.37 | 52.03 | 139.47 | 2.67 | 34.17 | 71.15 | 1.60 | 39.13 | 116.22 | 0.25 | -7.41 | -7.41 | 13.40 | -1.62 | 43.16 | 64.95 | -9.46 | -41.81 | 75.90 | -33.3 | 38.72 | 24.10 | 290.58 | -46.79 | 12.03 | 8.87 | -5.05 |
21Q4 (10) | 0.27 | -41.3 | 200.0 | 16.47 | 5.51 | 68.4 | 8.08 | 19.53 | 163.19 | 7.14 | -7.63 | 1152.63 | 4.19 | -40.65 | 544.62 | 1.99 | -42.32 | 362.79 | 1.15 | -34.66 | 447.62 | 0.27 | 8.0 | -12.9 | 13.62 | 15.33 | 171.86 | 71.74 | -11.18 | -39.33 | 113.79 | 29.86 | -78.53 | -12.64 | -202.2 | 97.06 | 11.05 | 1.84 | -27.16 |
21Q3 (9) | 0.46 | 58.62 | 53.33 | 15.61 | 23.59 | 44.54 | 6.76 | 43.83 | 46.64 | 7.73 | 73.71 | 63.77 | 7.06 | 96.11 | 107.04 | 3.45 | 69.95 | 39.11 | 1.76 | 81.44 | 41.94 | 0.25 | -7.41 | -30.56 | 11.81 | 16.01 | 27.4 | 80.77 | -28.27 | -27.35 | 87.63 | -17.45 | -10.33 | 12.37 | 301.03 | 444.33 | 10.85 | 96.91 | -1.9 |
21Q2 (8) | 0.29 | 26.09 | -25.64 | 12.63 | 40.65 | 0.48 | 4.70 | 155.43 | -18.4 | 4.45 | 31.66 | -30.14 | 3.60 | 35.34 | -28.29 | 2.03 | 30.13 | -30.24 | 0.97 | 31.08 | -37.82 | 0.27 | 0.0 | -12.9 | 10.18 | 8.76 | -13.44 | 112.60 | 0.88 | 19.89 | 106.15 | 94.01 | 17.26 | -6.15 | -113.59 | -164.96 | 5.51 | -56.51 | 0 |
21Q1 (7) | 0.23 | 155.56 | -36.11 | 8.98 | -8.18 | -28.62 | 1.84 | -40.07 | -62.3 | 3.38 | 492.98 | -56.05 | 2.66 | 309.23 | -57.64 | 1.56 | 262.79 | -38.82 | 0.74 | 252.38 | -44.78 | 0.27 | -12.9 | 28.57 | 9.36 | 86.83 | -39.73 | 111.62 | -5.6 | 33.66 | 54.72 | -89.68 | -13.1 | 45.28 | 110.53 | 22.26 | 12.67 | -16.48 | 0 |
20Q4 (6) | 0.09 | -70.0 | -74.29 | 9.78 | -9.44 | -23.17 | 3.07 | -33.41 | -51.65 | 0.57 | -87.92 | -90.73 | 0.65 | -80.94 | -87.85 | 0.43 | -82.66 | -85.57 | 0.21 | -83.06 | -86.09 | 0.31 | -13.89 | 10.71 | 5.01 | -45.95 | -56.28 | 118.24 | 6.35 | 16.21 | 530.00 | 442.33 | 412.33 | -430.00 | -19020.0 | -12370.0 | 15.17 | 37.16 | 5.42 |
20Q3 (5) | 0.30 | -23.08 | 25.0 | 10.80 | -14.08 | 10.88 | 4.61 | -19.97 | 82.21 | 4.72 | -25.9 | 23.24 | 3.41 | -32.07 | -0.87 | 2.48 | -14.78 | 37.02 | 1.24 | -20.51 | 30.53 | 0.36 | 16.13 | 33.33 | 9.27 | -21.17 | 0.32 | 111.18 | 18.38 | 17.29 | 97.73 | 7.95 | 46.59 | 2.27 | -76.01 | -93.18 | 11.06 | 0 | -27.85 |
20Q2 (4) | 0.39 | 8.33 | 0.0 | 12.57 | -0.08 | 0.0 | 5.76 | 18.03 | 0.0 | 6.37 | -17.17 | 0.0 | 5.02 | -20.06 | 0.0 | 2.91 | 14.12 | 0.0 | 1.56 | 16.42 | 0.0 | 0.31 | 47.62 | 0.0 | 11.76 | -24.28 | 0.0 | 93.92 | 12.47 | 0.0 | 90.53 | 43.78 | 0.0 | 9.47 | -74.42 | 0.0 | 0.00 | 0 | 0.0 |
20Q1 (3) | 0.36 | 2.86 | 0.0 | 12.58 | -1.18 | 0.0 | 4.88 | -23.15 | 0.0 | 7.69 | 25.04 | 0.0 | 6.28 | 17.38 | 0.0 | 2.55 | -14.43 | 0.0 | 1.34 | -11.26 | 0.0 | 0.21 | -25.0 | 0.0 | 15.53 | 35.51 | 0.0 | 83.51 | -17.93 | 0.0 | 62.96 | -39.14 | 0.0 | 37.04 | 1174.07 | 0.0 | 0.00 | -100.0 | 0.0 |
19Q4 (2) | 0.35 | 45.83 | 0.0 | 12.73 | 30.7 | 0.0 | 6.35 | 150.99 | 0.0 | 6.15 | 60.57 | 0.0 | 5.35 | 55.52 | 0.0 | 2.98 | 64.64 | 0.0 | 1.51 | 58.95 | 0.0 | 0.28 | 3.7 | 0.0 | 11.46 | 24.03 | 0.0 | 101.75 | 7.34 | 0.0 | 103.45 | 55.17 | 0.0 | -3.45 | -110.34 | 0.0 | 14.39 | -6.13 | 0.0 |
19Q3 (1) | 0.24 | 0.0 | 0.0 | 9.74 | 0.0 | 0.0 | 2.53 | 0.0 | 0.0 | 3.83 | 0.0 | 0.0 | 3.44 | 0.0 | 0.0 | 1.81 | 0.0 | 0.0 | 0.95 | 0.0 | 0.0 | 0.27 | 0.0 | 0.0 | 9.24 | 0.0 | 0.0 | 94.79 | 0.0 | 0.0 | 66.67 | 0.0 | 0.0 | 33.33 | 0.0 | 0.0 | 15.33 | 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) | 1.96 | -2.97 | 12.82 | -16.54 | 6.59 | -15.51 | 2.94 | -36.96 | 7.10 | -27.25 | 6.49 | -18.87 | 12.79 | -2.44 | 7.91 | -3.3 | 1.21 | 18.63 | 10.11 | -30.23 | 73.53 | 43.5 | 92.75 | 16.07 | 7.25 | -63.9 | 0.06 | -15.57 | 8.90 | -25.83 |
2022 (9) | 2.02 | 59.06 | 15.36 | 17.07 | 7.80 | 52.64 | 4.67 | -15.06 | 9.76 | 77.78 | 8.00 | 88.24 | 13.11 | 44.7 | 8.18 | 74.41 | 1.02 | -6.42 | 14.49 | 30.78 | 51.24 | -28.58 | 79.90 | -14.12 | 20.10 | 189.0 | 0.07 | 4.94 | 12.00 | 20.12 |
2021 (8) | 1.27 | 10.43 | 13.12 | 16.62 | 5.11 | 13.56 | 5.49 | 5.68 | 5.49 | 22.82 | 4.25 | 20.74 | 9.06 | 9.82 | 4.69 | 17.84 | 1.09 | -2.68 | 11.08 | 13.76 | 71.74 | -39.33 | 93.05 | -7.63 | 6.95 | 0 | 0.07 | 0.42 | 9.99 | -17.78 |
2020 (7) | 1.15 | 25.0 | 11.25 | 12.5 | 4.50 | 64.23 | 5.20 | -5.6 | 4.47 | 5.18 | 3.52 | 0.0 | 8.25 | 18.88 | 3.98 | 20.61 | 1.12 | 21.74 | 9.74 | -0.81 | 118.24 | 16.21 | 100.73 | 56.61 | -0.73 | 0 | 0.07 | 79.84 | 12.15 | -23.49 |
2019 (6) | 0.92 | 124.39 | 10.00 | -5.12 | 2.74 | 34.98 | 5.51 | 50.56 | 4.25 | 77.08 | 3.52 | 117.28 | 6.94 | 132.89 | 3.30 | 111.54 | 0.92 | -2.13 | 9.82 | 59.93 | 101.75 | -18.67 | 64.32 | -24.14 | 35.21 | 131.39 | 0.04 | 8.67 | 15.88 | -26.11 |
2018 (5) | 0.41 | -40.58 | 10.54 | -54.53 | 2.03 | -76.8 | 3.66 | 23.89 | 2.40 | -67.08 | 1.62 | -71.12 | 2.98 | -50.99 | 1.56 | -63.12 | 0.94 | 25.33 | 6.14 | -40.9 | 125.10 | 145.82 | 84.78 | -29.53 | 15.22 | 0 | 0.04 | 0 | 21.49 | -1.24 |
2017 (4) | 0.69 | -1.43 | 23.18 | 13.74 | 8.75 | 72.92 | 2.95 | -24.53 | 7.29 | 20.9 | 5.61 | 10.87 | 6.08 | 0.5 | 4.23 | 5.22 | 0.75 | -2.6 | 10.39 | 0.87 | 50.89 | 31.91 | 120.31 | 43.9 | -20.31 | 0 | 0.00 | 0 | 21.76 | 1.63 |
2016 (3) | 0.70 | 141.38 | 20.38 | 38.64 | 5.06 | 820.0 | 3.91 | 4.46 | 6.03 | 116.13 | 5.06 | 164.92 | 6.05 | 127.44 | 4.02 | 128.41 | 0.77 | -1.28 | 10.30 | 43.65 | 38.58 | -45.1 | 83.61 | 337.33 | 16.39 | -79.73 | 0.00 | 0 | 21.41 | 0.52 |
2015 (2) | 0.29 | -50.0 | 14.70 | -19.5 | 0.55 | -84.97 | 3.75 | -5.38 | 2.79 | -39.08 | 1.91 | -47.81 | 2.66 | -50.0 | 1.76 | -45.85 | 0.78 | -1.27 | 7.17 | -23.72 | 70.27 | -20.02 | 19.12 | -76.16 | 80.88 | 308.09 | 0.00 | 0 | 21.30 | 2.75 |
2014 (1) | 0.58 | 152.17 | 18.26 | 0 | 3.66 | 0 | 3.96 | -26.08 | 4.58 | 0 | 3.66 | 0 | 5.32 | 0 | 3.25 | 0 | 0.79 | 0.0 | 9.40 | 11.37 | 87.86 | 12.86 | 80.18 | 85.68 | 19.82 | -65.12 | 0.00 | 0 | 20.73 | -1.19 |