台航 2617 - 成長能力 - 財務分析

理想的成長型公司, 本業EPS的成長幅度會大於營收的成長幅度
營收到某個數字後, 本業EPS呈現不成比例的增加, 有可能是規模經濟的效應
如果是有淡旺季的公司, 是否有淡季不淡, 旺季更旺的情況
漲很多的股票要留意 EPS 較上季是否有大幅衰退的情況
如果EPS衰退，要觀察同業是不是有一樣的狀況
要留意增資減資和公司債對股本及EPS的影響

成長能力-近20季

	加權平均股數 QoQ YoY	EPS QoQ YoY			本業EPS QoQ YoY			累計EPS QoQ YoY			營收 QoQ YoY			毛利率(%) QoQ YoY			營業利益 QoQ YoY			稅後淨利 QoQ YoY			稅前淨利率(%) QoQ YoY			稅後淨利率(%) QoQ YoY			兩季平均(YOY)營收成長率(%)	兩季平均(YOY)EPS成長率(%)	兩季平均(YOY)本業EPS成長率(%)
23Q4 (20)	417	0.60	-77.36	-36.84	0.76	130.3	18.75	3.98	17.4	-17.6	10.76	13.38	-0.37	39.30	20.4	25.72	3.78	47.08	32.63	2.49	-77.47	-37.44	28.95	-77.56	-24.77	23.14	-80.12	-37.26	2.76	242.57	46.28
23Q3 (19)	417	2.65	562.5	253.33	0.33	-37.74	-52.17	3.39	358.11	-12.4	9.49	-7.86	-2.37	32.64	-16.73	-12.38	2.57	-24.85	-16.56	11.05	561.68	254.17	129.01	363.4	275.47	116.42	619.09	262.34	1.15	290.07	-18.87
23Q2 (18)	417	0.40	17.65	-84.25	0.53	0.0	-10.17	0.74	117.65	-76.36	10.3	10.16	2.69	39.20	20.5	7.34	3.42	32.56	9.27	1.67	16.78	-84.25	27.84	46.14	-75.17	16.19	6.23	-84.68	-1.63	-23.28	-8.60
23Q1 (17)	417	0.34	-64.21	-42.37	0.53	-17.19	6.0	0.34	-92.96	-42.37	9.35	-13.43	14.44	32.53	4.06	-2.4	2.58	-9.47	12.17	1.43	-64.07	-41.39	19.05	-50.49	-41.83	15.24	-58.68	-49.06	-1.16	-18.77	-12.22
22Q4 (16)	417	0.95	26.67	-5.94	0.64	-7.25	-5.88	4.83	24.81	52.85	10.8	11.11	19.6	31.26	-16.08	-24.46	2.85	-7.47	-10.38	3.98	27.56	-5.24	38.48	11.99	-23.24	36.88	14.78	-20.74	4.01	-21.90	4.85
22Q3 (15)	417	0.75	-70.47	-35.34	0.69	16.95	0.0	3.87	23.64	79.17	9.72	-3.09	13.15	37.25	2.0	-14.07	3.08	-1.6	-4.94	3.12	-70.57	-35.27	34.36	-69.35	-42.88	32.13	-69.59	-42.77	9.84	130.02	17.48
22Q2 (14)	417	2.54	330.51	303.17	0.59	18.0	-18.06	3.13	430.51	213.0	10.03	22.77	23.83	36.52	9.57	-12.84	3.13	36.09	1.95	10.6	334.43	304.58	112.11	242.32	235.76	105.66	253.14	226.62	6.62	144.47	-4.23
22Q1 (13)	417	0.59	-41.58	59.46	0.50	-26.47	47.06	0.59	-81.33	59.46	8.17	-9.52	24.73	33.33	-19.45	13.64	2.3	-27.67	41.1	2.44	-41.9	56.41	32.75	-34.67	20.18	29.92	-35.7	25.71	-2.20	-27.25	-13.96
21Q4 (12)	417	1.01	-12.93	146.34	0.68	-1.45	134.48	3.16	46.3	154.84	9.03	5.12	43.11	41.38	-4.54	45.76	3.18	-1.85	125.53	4.2	-12.86	144.19	50.13	-16.66	62.55	46.53	-17.12	70.25	5.58	35.60	-2.81
21Q3 (11)	417	1.16	84.13	582.35	0.69	-4.17	7000.0	2.16	116.0	160.24	8.59	6.05	31.95	43.35	3.46	70.6	3.24	5.54	140.0	4.82	83.97	569.44	60.15	80.14	86.63	56.14	73.54	406.68	14.86	77.20	53.80
21Q2 (10)	417	0.63	70.27	142.31	0.72	111.76	323.53	1.00	170.27	51.52	8.1	23.66	39.66	41.90	42.86	102.71	3.07	88.34	256.98	2.62	67.95	138.18	33.39	22.53	51.7	32.35	35.92	70.53	13.73	30.25	64.50
21Q1 (9)	417	0.37	-9.76	-5.13	0.34	17.24	70.0	0.37	-70.16	-5.13	6.55	3.8	3.97	29.33	3.31	41.35	1.63	15.6	64.65	1.56	-9.3	-4.88	27.25	-11.64	-4.92	23.80	-12.92	-8.39	0.36	65.71	1508.62
20Q4 (8)	417	0.41	141.18	10.81	0.29	3000.0	163.64	1.24	49.4	-13.89	6.31	-3.07	-15.87	28.39	11.73	67.49	1.41	4.44	60.23	1.72	138.89	10.97	30.84	-4.31	17.26	27.33	146.66	31.9	4.58	53.28	1447.06
20Q3 (7)	417	0.17	-34.62	-60.47	-0.01	-105.88	-103.33	0.83	25.76	-22.43	6.51	12.24	-20.51	25.41	22.93	1.07	1.35	56.98	-21.05	0.72	-34.55	-59.78	32.23	46.43	17.41	11.08	-41.59	-49.36	2.15	-33.97	-60.44
20Q2 (6)	417	0.26	-33.33	8.33	0.17	-15.0	-32.0	0.66	69.23	3.13	5.8	-7.94	-27.14	20.67	-0.39	-21.05	0.86	-13.13	-51.14	1.1	-32.93	11.11	22.01	-23.2	2.04	18.97	-26.98	52.0	-11.97	-13.96	33.41
20Q1 (5)	417	0.39	5.41	-2.5	0.20	81.82	-48.72	0.39	-72.92	-2.5	6.3	-16.0	-15.89	20.75	22.42	-22.78	0.99	12.5	-41.07	1.64	5.81	-1.8	28.66	8.97	24.72	25.98	25.39	16.45	-	-	0.00
19Q4 (4)	417	0.37	-13.95	0.0	0.11	-63.33	0.0	1.44	34.58	0.0	7.5	-8.42	0.0	16.95	-32.58	0.0	0.88	-48.54	0.0	1.55	-13.41	0.0	26.30	-4.19	0.0	20.72	-5.3	0.0	-	-	0.00
19Q3 (3)	417	0.43	79.17	0.0	0.30	20.0	0.0	1.07	67.19	0.0	8.19	2.89	0.0	25.14	-3.97	0.0	1.71	-2.84	0.0	1.79	80.81	0.0	27.45	27.26	0.0	21.88	75.32	0.0	-	-	0.00
19Q2 (2)	417	0.24	-40.0	0.0	0.25	-35.9	0.0	0.64	60.0	0.0	7.96	6.28	0.0	26.18	-2.57	0.0	1.76	4.76	0.0	0.99	-40.72	0.0	21.57	-6.14	0.0	12.48	-44.06	0.0	-	-	0.00
19Q1 (1)	417	0.40	0.0	0.0	0.39	0.0	0.0	0.40	0.0	0.0	7.49	0.0	0.0	26.87	0.0	0.0	1.68	0.0	0.0	1.67	0.0	0.0	22.98	0.0	0.0	22.31	0.0	0.0	-	-	0.00

年/月	營收	月增率(%)	去年同期年增率(%)	累計營收	累計營收年增率(%)	近三月累計營收	存貨銷售比	備註(年增率變動50%需說明原因)
2024/3	3.6	13.15	6.68	10.27	9.8	10.27	N/A	-
2024/2	3.18	-9.18	13.06	6.68	11.56	10.34	N/A	-
2024/1	3.5	-4.47	10.24	3.5	10.24	10.67	N/A	-
2023/12	3.66	4.38	5.16	39.9	3.03	10.76	0.0	-
2023/11	3.51	-2.1	-5.31	36.24	2.82	10.44	0.0	-
2023/10	3.58	6.96	-0.81	32.73	3.77	9.92	0.0	-
2023/9	3.35	12.07	8.82	29.15	4.37	9.49	0.0	-
2023/8	2.99	-5.02	-9.31	25.79	3.81	9.36	0.0	-
2023/7	3.15	-2.44	-5.91	22.81	5.82	9.9	0.0	-
2023/6	3.23	-8.54	-7.29	19.66	7.98	10.3	0.0	-
2023/5	3.53	-0.53	4.4	16.43	11.59	10.45	0.0	-
2023/4	3.55	5.25	11.84	12.9	13.74	9.73	0.0	-
2023/3	3.37	19.91	12.99	9.35	14.47	9.35	0.0	-
2023/2	2.81	-11.44	15.29	5.98	15.33	9.47	0.0	-
2023/1	3.17	-8.87	15.36	3.17	15.36	10.36	0.0	-
2022/12	3.48	-6.01	19.25	38.73	20.04	10.8	0.0	-
2022/11	3.71	2.55	21.85	35.24	20.11	10.4	0.0	-
2022/10	3.61	17.37	17.92	31.54	19.91	9.99	0.0	-
2022/9	3.08	-6.61	11.03	27.92	20.18	9.72	0.0	-
2022/8	3.3	-1.46	14.18	24.85	21.42	10.12	0.0	-
2022/7	3.35	-3.87	14.04	21.55	22.6	10.21	0.0	-
2022/6	3.48	2.99	31.21	18.2	24.32	10.03	0.0	-
2022/5	3.38	6.54	21.24	14.72	22.8	9.53	0.0	-
2022/4	3.17	6.33	19.41	11.34	23.27	8.59	0.0	-
2022/3	2.98	22.36	20.38	8.17	24.84	8.17	0.0	-
2022/2	2.44	-11.39	19.68	5.19	27.55	8.11	0.0	-
2022/1	2.75	-5.79	35.44	2.75	35.44	8.71	0.0	-
2021/12	2.92	-3.97	36.15	32.26	29.5	9.03	0.0	-
2021/11	3.04	-0.75	45.09	29.34	28.88	8.88	0.0	-
2021/10	3.06	10.5	48.11	26.3	27.23	8.72	0.0	-
2021/9	2.77	-3.96	37.36	23.24	24.91	8.59	0.0	-
2021/8	2.89	-1.57	30.31	20.46	23.4	8.47	0.0	-
2021/7	2.93	10.59	29.17	17.58	22.33	8.37	0.0	-
2021/6	2.65	-4.83	36.45	14.64	21.05	8.1	0.0	-
2021/5	2.79	4.93	49.3	11.99	18.1	7.92	0.0	-
2021/4	2.66	7.2	33.8	9.2	11.07	7.17	0.0	-
2021/3	2.48	21.65	16.61	6.55	3.9	6.55	0.0	-
2021/2	2.04	0.27	3.27	4.07	-2.55	6.21	0.0	-
2021/1	2.03	-5.3	-7.78	2.03	-7.78	6.27	0.0	-
2020/12	2.14	2.33	-13.0	24.91	-20.0	6.31	0.0	-
2020/11	2.1	1.31	-10.43	22.77	-20.6	6.18	0.0	-
2020/10	2.07	2.48	-23.18	20.67	-21.5	6.3	0.0	-
2020/9	2.02	-8.89	-22.0	18.6	-21.31	6.51	0.0	-
2020/8	2.22	-2.43	-19.48	16.58	-21.23	6.43	0.0	-
2020/7	2.27	16.82	-20.41	14.37	-21.49	6.08	0.0	-
2020/6	1.94	4.12	-25.0	12.1	-21.69	5.8	0.0	-
2020/5	1.87	-5.95	-32.44	10.15	-21.02	5.98	0.0	-
2020/4	1.99	-6.57	-23.74	8.28	-17.9	6.08	0.0	-
2020/3	2.12	7.73	-18.1	6.3	-15.87	6.3	0.0	-
2020/2	1.97	-10.46	-11.37	4.17	-14.68	6.64	0.0	-
2020/1	2.2	-10.67	-17.44	2.2	-17.44	7.01	0.0	-
2019/12	2.47	5.36	-7.56	31.14	-7.52	7.5	0.0	-
2019/11	2.34	-13.11	-13.26	28.67	-7.51	7.62	0.0	-
2019/10	2.69	4.06	-6.21	26.33	-6.96	8.03	0.0	-
2019/9	2.59	-5.95	-12.92	23.64	-7.05	8.19	0.0	-
2019/8	2.75	-3.56	-6.15	21.05	-6.27	8.2	0.0	-
2019/7	2.85	10.08	-10.45	18.3	-6.29	8.21	0.0	-
2019/6	2.59	-6.19	-7.19	15.45	-5.48	7.96	0.0	-
2019/5	2.76	6.16	-0.8	12.85	-5.13	0.0	N/A	-
2019/4	2.6	0.33	-6.76	10.09	-6.25	0.0	N/A	-

成長能力-近10年

	加權平均股數 YoY	EPS YoY		本業EPS YoY		營收 YoY		毛利率(%) YoY		營業利益 YoY		稅前淨利 YoY		稅後淨利 YoY
2023 (10)	417	3.98	-17.43	2.15	-11.16	39.9	3.02	36.10	4.46	12.36	8.8	20.0	-6.63	16.63	-17.47
2022 (9)	417	4.82	52.53	2.42	-0.41	38.73	20.06	34.56	-12.71	11.36	2.16	21.42	51.06	20.15	52.65
2021 (8)	417	3.16	154.84	2.43	279.69	32.26	29.51	39.59	65.79	11.12	141.21	14.18	99.16	13.2	154.83
2020 (7)	417	1.24	-13.89	0.64	-39.05	24.91	-20.01	23.88	0.13	4.61	-23.68	7.12	-7.05	5.18	-13.81
2019 (6)	417	1.44	-37.12	1.05	-35.98	31.14	-7.51	23.85	-6.84	6.04	-15.52	7.66	-22.55	6.01	-37.27
2018 (5)	417	2.29	104.46	1.64	112.99	33.67	19.48	25.60	57.83	7.15	109.06	9.89	103.08	9.58	105.58
2017 (4)	417	1.12	0	0.77	0	28.18	14.65	16.22	1147.69	3.42	0	4.87	0	4.66	0
2016 (3)	417	-0.22	0	-0.20	0	24.58	-8.35	1.30	-84.87	-0.63	0	-0.69	0	-0.91	0
2015 (2)	417	0.22	-69.86	0.20	-28.57	26.82	-7.45	8.59	-31.93	1.24	-47.01	1.35	-68.09	0.94	-69.28
2014 (1)	417	0.73	-43.85	0.28	3.7	28.98	4.51	12.62	0	2.34	32.2	4.23	-30.31	3.06	-43.54