中航 2612 - 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)	197	0.20	-39.39	-80.77	0.47	80.77	-44.05	1.66	13.7	-57.22	10.6	1.44	0.76	22.98	24.22	-17.87	1.21	72.86	-34.24	0.4	-38.46	-80.49	6.55	-18.43	-69.13	3.61	-41.59	-81.21	3.98	-6.23	58.80
23Q3 (19)	197	0.33	26.92	-65.98	0.26	36.84	-77.59	1.46	29.2	-48.59	10.45	6.52	-8.49	18.50	-10.11	-41.47	0.7	-16.67	-71.31	0.65	27.45	-65.97	8.03	-18.23	-55.41	6.18	22.38	-62.79	6.06	-21.77	-10.47
23Q2 (18)	197	0.26	-70.45	-72.04	0.19	-57.78	-88.55	1.13	28.41	-39.57	9.81	5.6	-18.86	20.58	-12.57	-44.33	0.84	-15.15	-74.93	0.51	-70.52	-72.28	9.82	-50.1	-38.12	5.05	-72.63	-66.42	-3.04	-42.91	-52.11
23Q1 (17)	197	0.88	-15.38	-6.38	0.45	-46.43	-32.84	0.88	-77.32	-6.38	9.29	-11.69	-7.75	23.54	-15.87	-16.23	0.99	-46.2	-40.72	1.73	-15.61	-6.99	19.68	-7.26	-10.05	18.45	-3.96	0.76	-9.79	-4.08	-37.01
22Q4 (16)	197	1.04	7.22	-20.61	0.84	-27.59	15.07	3.88	36.62	-26.38	10.52	-7.88	4.26	27.98	-11.48	-2.85	1.84	-24.59	5.14	2.05	7.33	-20.54	21.22	17.82	-26.14	19.21	15.65	-24.37	-6.71	5.76	-28.86
22Q3 (15)	197	0.97	4.3	178.23	1.16	-30.12	110.91	2.84	51.87	-28.28	11.42	-5.54	20.97	31.61	-14.5	25.79	2.44	-27.16	69.44	1.91	3.8	178.28	18.01	13.48	181.35	16.61	10.44	163.76	7.26	1.62	58.82
22Q2 (14)	197	0.93	-1.06	-77.21	1.66	147.76	16700.0	1.87	98.94	-64.04	12.09	20.06	49.81	36.97	31.57	165.78	3.35	100.6	11066.67	1.84	-1.08	-77.17	15.87	-27.47	-84.21	15.04	-17.86	-84.91	9.93	-14.65	69.77
22Q1 (13)	197	0.94	-28.24	-16.07	0.67	-8.22	318.75	0.94	-82.16	-16.07	10.07	-0.2	26.99	28.10	-2.43	66.27	1.67	-4.57	421.88	1.86	-27.91	-15.84	21.88	-23.84	-21.55	18.31	-27.91	-32.91	3.34	88.70	12.25
21Q4 (12)	197	1.31	205.65	2720.0	0.73	32.73	265.0	5.27	33.08	215.57	10.09	6.89	27.24	28.80	14.6	62.62	1.75	21.53	316.67	2.58	205.74	2966.67	28.73	229.77	3328.09	25.40	197.5	1782.12	11.94	37.63	2816.36
21Q3 (11)	197	-1.24	-130.39	-220.39	0.55	5600.0	292.86	3.96	-23.85	131.58	9.44	16.98	20.1	25.13	80.66	51.84	1.44	4700.0	380.0	-2.44	-130.27	-220.2	-22.14	-122.03	-184.5	-26.05	-126.14	-201.88	9.38	66.95	2746.88
21Q2 (10)	197	4.08	264.29	508.96	-0.01	-106.25	-105.88	5.20	364.29	664.71	8.07	1.77	9.05	13.91	-17.69	-21.32	0.03	-90.62	-92.31	8.06	264.71	510.61	100.49	260.31	440.85	99.67	265.23	457.13	0.89	1302.14	-63.12
21Q1 (9)	197	1.12	2340.0	11100.0	0.16	-20.0	-30.43	1.12	-32.93	11100.0	7.93	0.0	-2.34	16.90	-4.57	-6.16	0.32	-23.81	-40.74	2.21	2555.56	7266.67	27.89	3233.71	2012.88	27.29	1907.28	8169.7	0.45	1117.58	11.43
20Q4 (8)	197	-0.05	-104.85	-121.74	0.20	42.86	-44.44	1.67	-2.34	1.83	7.93	0.89	-13.99	17.71	7.01	-9.78	0.42	40.0	-50.59	-0.09	-104.43	-120.0	-0.89	-103.4	-113.59	-1.51	-105.91	-130.63	3.55	-25.56	12.61
20Q3 (7)	197	1.03	53.73	128.89	0.14	-17.65	-72.0	1.71	151.47	21.28	7.86	6.22	-15.21	16.55	-6.39	-22.77	0.3	-23.08	-72.22	2.03	53.79	130.68	26.20	41.01	150.0	25.57	42.93	168.03	-1.32	3326.86	-21.87
20Q2 (6)	197	0.67	6600.0	103.03	0.17	-26.09	-62.22	0.68	6700.0	-29.17	7.4	-8.87	-22.11	17.68	-1.83	-15.97	0.39	-27.78	-64.22	1.32	4300.0	103.08	18.58	1307.58	105.76	17.89	5321.21	160.41	-10.40	3252.18	-31.10
20Q1 (5)	197	0.01	-95.65	-98.41	0.23	-36.11	-69.33	0.01	-99.39	-98.41	8.12	-11.93	-15.77	18.01	-8.25	-30.46	0.54	-36.47	-65.61	0.03	-93.33	-97.6	1.32	-79.85	-90.57	0.33	-93.31	-97.45	-	-	0.00
19Q4 (4)	197	0.23	-48.89	0.0	0.36	-28.0	0.0	1.64	16.31	0.0	9.22	-0.54	0.0	19.63	-8.4	0.0	0.85	-21.3	0.0	0.45	-48.86	0.0	6.55	-37.5	0.0	4.93	-48.32	0.0	-	-	0.00
19Q3 (3)	197	0.45	36.36	0.0	0.50	11.11	0.0	1.41	46.87	0.0	9.27	-2.42	0.0	21.43	1.85	0.0	1.08	-0.92	0.0	0.88	35.38	0.0	10.48	16.06	0.0	9.54	38.86	0.0	-	-	0.00
19Q2 (2)	197	0.33	-47.62	0.0	0.45	-40.0	0.0	0.96	52.38	0.0	9.5	-1.45	0.0	21.04	-18.76	0.0	1.09	-30.57	0.0	0.65	-48.0	0.0	9.03	-35.5	0.0	6.87	-46.91	0.0	-	-	0.00
19Q1 (1)	197	0.63	0.0	0.0	0.75	0.0	0.0	0.63	0.0	0.0	9.64	0.0	0.0	25.90	0.0	0.0	1.57	0.0	0.0	1.25	0.0	0.0	14.00	0.0	0.0	12.94	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	3.73	21.39	13.48	10.2	9.82	10.2	N/A	-
2024/2	3.08	-9.19	9.32	6.46	7.81	10.1	N/A	-
2024/1	3.39	-6.83	6.47	3.39	6.47	10.42	N/A	-
2023/12	3.64	6.92	5.21	40.15	-8.95	10.53	0.06	-
2023/11	3.4	-2.79	2.86	36.51	-10.15	10.32	0.06	-
2023/10	3.5	2.28	-5.75	33.11	-11.3	10.33	0.06	-
2023/9	3.42	0.19	-1.14	29.61	-11.92	10.48	0.0	-
2023/8	3.41	-6.52	-12.68	26.2	-13.15	10.24	0.0	-
2023/7	3.65	14.93	-8.61	22.78	-13.22	10.35	0.0	-
2023/6	3.18	-9.72	-21.81	19.13	-14.05	9.85	0.0	-
2023/5	3.52	11.67	-17.43	15.95	-12.31	9.96	0.0	-
2023/4	3.15	-4.2	-18.01	12.43	-10.75	9.25	0.0	-
2023/3	3.29	16.94	-10.75	9.28	-7.98	9.28	0.0	-
2023/2	2.81	-11.56	-6.65	5.99	-6.38	9.45	0.0	-
2023/1	3.18	-7.94	-6.14	3.18	-6.14	9.94	0.0	-
2022/12	3.46	4.53	3.78	44.09	24.16	10.47	0.0	-
2022/11	3.31	-10.93	-0.37	40.64	26.27	10.48	0.0	-
2022/10	3.71	7.28	6.87	37.33	29.34	11.08	0.0	-
2022/9	3.46	-11.5	4.77	33.62	32.41	11.36	0.0	-
2022/8	3.91	-2.16	25.4	30.16	36.54	11.97	0.0	-
2022/7	4.0	-1.67	33.0	26.25	38.37	12.32	0.0	-
2022/6	4.06	-4.66	45.18	22.26	39.38	12.17	0.0	-
2022/5	4.26	10.89	61.32	18.2	38.15	11.79	0.0	船舶噸位預期需求增加導致租金大幅提升
2022/4	3.84	4.27	49.32	13.93	32.33	10.54	0.0	-
2022/3	3.69	22.32	32.2	10.09	26.84	10.09	0.0	-
2022/2	3.01	-11.08	26.54	6.4	23.94	9.73	0.0	-
2022/1	3.39	1.8	21.73	3.39	21.73	10.04	0.0	-
2021/12	3.33	0.33	22.08	35.51	13.05	10.12	0.0	-
2021/11	3.32	-4.45	27.88	32.18	12.2	10.09	0.0	-
2021/10	3.47	5.17	29.58	28.86	10.64	9.89	0.0	-
2021/9	3.3	5.91	28.39	25.39	8.47	9.42	0.0	-
2021/8	3.12	3.76	20.24	22.09	6.01	8.92	0.0	-
2021/7	3.0	7.32	11.36	18.97	3.99	8.44	0.0	-
2021/6	2.8	5.93	14.32	15.97	2.71	8.01	0.0	-
2021/5	2.64	2.64	5.9	13.17	0.54	8.0	0.0	-
2021/4	2.57	-7.68	4.8	10.53	-0.71	7.74	0.0	-
2021/3	2.79	17.07	1.64	7.95	-2.38	7.95	0.0	-
2021/2	2.38	-14.46	-6.93	5.17	-4.42	7.89	0.0	-
2021/1	2.78	2.09	-2.17	2.78	-2.17	8.11	0.0	-
2020/12	2.73	5.09	-13.41	31.41	-16.7	8.0	0.0	-
2020/11	2.59	-3.17	-14.71	28.68	-17.0	7.85	0.0	-
2020/10	2.68	4.21	-13.31	26.09	-17.22	7.84	0.0	-
2020/9	2.57	-0.8	-14.86	23.41	-17.64	7.86	0.0	-
2020/8	2.59	-3.89	-15.29	20.84	-17.97	7.74	0.0	-
2020/7	2.7	10.17	-16.14	18.24	-18.34	7.64	0.0	-
2020/6	2.45	-1.86	-20.17	15.55	-18.71	7.4	0.0	-
2020/5	2.49	1.57	-25.42	13.1	-18.43	7.69	0.0	-
2020/4	2.46	-10.45	-20.13	10.6	-16.59	7.76	0.0	-
2020/3	2.74	7.18	-17.61	8.15	-15.47	8.15	0.0	-
2020/2	2.56	-10.08	-8.53	5.41	-14.34	8.55	0.0	-
2020/1	2.85	-9.63	-18.96	2.85	-18.96	9.04	0.0	-
2019/12	3.15	3.52	-8.25	37.71	-1.53	9.28	0.02	-
2019/11	3.04	-1.59	-12.33	34.56	-0.87	9.15	0.02	-
2019/10	3.09	2.35	-9.1	31.52	0.39	9.17	0.02	-
2019/9	3.02	-1.3	-4.88	28.42	1.54	9.3	0.0	-
2019/8	3.06	-4.86	-9.46	25.4	2.37	9.34	0.0	-
2019/7	3.22	4.87	-6.97	22.34	4.23	9.63	0.0	-
2019/6	3.07	-8.31	-5.2	19.13	6.39	9.49	0.0	-
2019/5	3.35	8.77	1.21	16.06	8.94	0.0	N/A	-
2019/4	3.08	-7.62	5.14	12.71	11.17	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)	197	0.0	1.66	-57.11	1.37	-68.43	40.15	-8.96	21.35	-32.03	3.74	-59.74	4.33	-48.51	3.28	-57.18
2022 (9)	197	0.0	3.87	-26.43	4.34	203.5	44.1	24.09	31.41	44.15	9.29	162.43	8.41	-24.44	7.66	-26.42
2021 (8)	197	0.0	5.26	216.87	1.43	95.89	35.54	13.47	21.79	24.66	3.54	122.64	11.13	224.49	10.41	216.41
2020 (7)	197	0.0	1.66	1.22	0.73	-64.56	31.32	-16.77	17.48	-20.69	1.59	-65.43	3.43	-9.26	3.29	1.54
2019 (6)	197	0.0	1.64	-36.92	2.06	-27.72	37.63	-1.49	22.04	-13.16	4.6	-24.22	3.78	-32.38	3.24	-36.96
2018 (5)	197	0.0	2.60	420.0	2.85	209.78	38.2	18.71	25.38	46.37	6.07	193.24	5.59	350.81	5.14	424.49
2017 (4)	197	-15.81	0.50	138.1	0.92	-51.58	32.18	-2.34	17.34	-29.28	2.07	-54.61	1.24	-4.62	0.98	104.17
2016 (3)	234	-8.59	0.21	-83.85	1.90	-26.36	32.95	-1.96	24.52	-12.3	4.56	-22.84	1.3	-68.6	0.48	-85.59
2015 (2)	256	0.0	1.30	0.0	2.58	2.38	33.61	-3.72	27.96	7.95	5.91	5.54	4.14	4.28	3.33	0.0
2014 (1)	256	0.0	1.30	-16.13	2.52	10.04	34.91	4.74	25.90	0	5.6	16.91	3.97	-6.37	3.33	-16.12