友華 4120 - 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)	87	3.92	1080.0	787.72	0.15	-11.76	111.63	1.66	173.45	146.37	12.13	10.78	-5.53	51.23	5.45	28.04	1.16	452.38	217.17	3.4	1071.43	780.0	36.53	1488.97	1346.76	29.77	1039.12	895.99	3.71	580.83	54.74
23Q3 (19)	87	-0.40	81.65	81.48	0.17	121.25	134.69	-2.26	-21.51	24.92	10.95	-3.35	-0.45	48.58	17.12	11.78	0.21	121.88	129.58	-0.35	81.48	81.28	-2.63	86.14	86.59	-3.17	80.89	81.46	-2.46	-349.80	60.62
23Q2 (18)	87	-2.18	-781.25	-94.64	-0.80	0	-233.33	-1.86	-681.25	-118.82	11.33	-1.56	-5.74	41.48	-8.88	-8.51	-0.96	-431.03	-255.56	-1.89	-775.0	-94.85	-18.98	-484.21	-121.21	-16.59	-719.03	-134.99	-5.96	-312.56	50.00
23Q1 (17)	87	0.32	156.14	18.52	0.00	100.0	-100.0	0.32	108.94	18.52	11.51	-10.36	0.61	45.52	13.77	5.13	0.29	129.29	-40.82	0.28	156.0	16.67	4.94	268.6	98.39	2.68	171.66	19.11	3.19	114.88	-31.64
22Q4 (16)	87	-0.57	73.61	-129.38	-1.29	-163.27	-1512.5	-3.58	-18.94	-357.55	12.84	16.73	0.23	40.01	-7.94	-13.62	-0.99	-39.44	-925.0	-0.5	73.26	-129.76	-2.93	85.06	-120.08	-3.74	78.13	-130.48	4.12	-9.62	-133.72
22Q3 (15)	87	-2.16	-92.86	-300.0	-0.49	-104.17	0.0	-3.01	-254.12	-447.27	11.0	-8.49	-3.51	43.46	-4.15	-1.74	-0.71	-162.96	-73.17	-1.87	-92.78	-297.87	-19.61	-128.55	-396.46	-17.10	-142.21	-254.04	-1.71	-303.83	-125.62
22Q2 (14)	87	-1.12	-514.81	-1300.0	-0.24	-147.06	45.45	-0.85	-414.81	-8400.0	12.02	5.07	6.28	45.34	4.71	-0.59	-0.27	-155.1	68.97	-0.97	-504.17	-1285.71	-8.58	-444.58	-72.64	-7.06	-413.78	-355.48	-2.81	-300.44	295.22
22Q1 (13)	87	0.27	-86.08	285.71	0.51	737.5	64.52	0.27	-80.58	285.71	11.44	-10.69	-5.84	43.30	-6.52	-2.08	0.49	308.33	145.0	0.24	-85.71	300.0	2.49	-82.93	3657.14	2.25	-81.66	364.71	0.84	186.59	410.58
21Q4 (12)	87	1.94	459.26	597.44	-0.08	83.67	94.41	1.39	352.73	-39.57	12.81	12.37	-3.03	46.32	4.73	11.35	0.12	129.27	110.62	1.68	457.45	594.12	14.59	469.37	938.51	12.27	354.04	307.26	6.58	-57.87	36.16
21Q3 (11)	87	-0.54	-575.0	-260.0	-0.49	-11.36	28.99	-0.55	-5400.0	-120.45	11.4	0.8	-2.4	44.23	-3.03	2.65	-0.41	52.87	48.75	-0.47	-571.43	-261.54	-3.95	20.52	-37.15	-4.83	-211.61	-68.29	-3.06	-394.64	-126.65
21Q2 (10)	87	-0.08	-214.29	-105.41	-0.44	-241.94	-142.72	-0.01	-114.29	-100.35	11.31	-6.91	-15.91	45.61	3.14	-1.83	-0.87	-535.0	-187.88	-0.07	-216.67	-105.47	-4.97	-7000.0	-148.54	-1.55	-82.35	-118.65	-7.46	-48.17	-60.13
21Q1 (9)	87	0.07	117.95	-94.85	0.31	121.68	-83.24	0.07	-96.96	-94.85	12.15	-8.02	-21.61	44.22	6.3	-7.93	0.2	117.7	-90.57	0.06	117.65	-94.92	-0.07	95.98	-100.64	-0.85	85.64	-112.32	2.54	-21.02	7.22
20Q4 (8)	87	-0.39	-160.0	-202.63	-1.43	-107.25	-495.83	2.30	-14.5	-19.58	13.21	13.1	-17.54	41.60	-3.46	-8.87	-1.13	-41.25	-422.86	-0.34	-161.54	-203.03	-1.74	39.58	-131.29	-5.92	-106.27	-1544.44	-0.03	-135.07	-137.12
20Q3 (7)	87	-0.15	-110.14	-141.67	-0.69	-166.99	-197.18	2.69	-5.28	8.91	11.68	-13.16	-20.54	43.09	-7.25	-3.92	-0.8	-180.81	-203.9	-0.13	-110.16	-141.94	-2.88	-128.12	-192.31	-2.87	-134.54	-621.82	-13.20	-50.66	-105.66
20Q2 (6)	87	1.48	8.82	138.71	1.03	-44.32	22.62	2.84	108.82	34.6	13.45	-13.23	-11.45	46.46	-3.27	-2.64	0.99	-53.3	10.0	1.28	8.47	141.51	10.24	-5.97	122.13	8.31	20.43	361.67	-8.24	133.35	413.25
20Q1 (5)	87	1.36	257.89	-9.33	1.85	870.83	52.89	1.36	-52.45	-9.33	15.5	-3.25	3.2	48.03	5.21	3.18	2.12	505.71	57.04	1.18	257.58	-9.23	10.89	95.86	2.25	6.90	2016.67	-3.23	-	-	0.00
19Q4 (4)	87	0.38	5.56	0.0	-0.24	-133.8	0.0	2.86	15.79	0.0	16.02	8.98	0.0	45.65	1.78	0.0	0.35	-54.55	0.0	0.33	6.45	0.0	5.56	78.21	0.0	-0.36	-165.45	0.0	-	-	0.00
19Q3 (3)	87	0.36	-41.94	0.0	0.71	-15.48	0.0	2.47	17.06	0.0	14.7	-3.23	0.0	44.85	-6.01	0.0	0.77	-14.44	0.0	0.31	-41.51	0.0	3.12	-32.32	0.0	0.55	-69.44	0.0	-	-	0.00
19Q2 (2)	87	0.62	-58.67	0.0	0.84	-30.58	0.0	2.11	40.67	0.0	15.19	1.13	0.0	47.72	2.51	0.0	0.9	-33.33	0.0	0.53	-59.23	0.0	4.61	-56.71	0.0	1.80	-74.75	0.0	-	-	0.00
19Q1 (1)	87	1.50	0.0	0.0	1.21	0.0	0.0	1.50	0.0	0.0	15.02	0.0	0.0	46.55	0.0	0.0	1.35	0.0	0.0	1.3	0.0	0.0	10.65	0.0	0.0	7.13	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	3.37	3.75	-17.2	11.04	-4.04	11.04	N/A	-
2024/2	3.25	-26.69	-6.05	7.67	3.15	11.69	N/A	-
2024/1	4.43	10.17	11.14	4.43	11.14	12.57	N/A	-
2023/12	4.02	-2.45	-9.69	45.78	-3.23	11.99	0.91	-
2023/11	4.12	7.05	-1.1	41.76	-2.55	11.69	0.94	-
2023/10	3.85	3.53	-8.83	37.64	-2.71	11.53	0.95	-
2023/9	3.72	-6.08	-8.96	33.79	-1.96	10.95	1.09	-
2023/8	3.96	20.89	4.42	30.07	-1.02	11.39	1.05	-
2023/7	3.27	-21.15	4.63	26.11	-1.8	11.39	1.05	-
2023/6	4.15	4.76	-9.07	22.84	-2.65	11.33	1.06	-
2023/5	3.96	23.51	1.99	18.68	-1.11	11.24	1.07	-
2023/4	3.21	-21.1	-10.1	14.72	-1.91	10.73	1.12	-
2023/3	4.07	17.72	-2.01	11.51	0.63	11.51	1.07	-
2023/2	3.46	-13.27	21.29	7.44	2.15	11.89	1.04	-
2023/1	3.98	-10.48	-10.14	3.98	-10.14	12.6	0.98	-
2022/12	4.45	6.82	14.84	47.3	-0.76	12.84	0.99	-
2022/11	4.17	-1.32	-9.03	42.85	-2.14	12.47	1.02	-
2022/10	4.22	3.39	-2.98	38.69	-1.34	12.1	1.05	-
2022/9	4.08	7.71	3.62	34.46	-1.14	11.0	0.9	-
2022/8	3.79	21.14	-4.67	30.38	-1.74	11.49	0.86	-
2022/7	3.13	-31.49	-10.18	26.59	-1.31	11.58	0.85	-
2022/6	4.57	17.52	9.78	23.46	0.0	12.02	0.83	-
2022/5	3.89	8.87	3.8	18.89	-2.1	11.61	0.86	-
2022/4	3.57	-14.01	4.84	15.01	-3.53	10.57	0.94	-
2022/3	4.15	45.73	-9.85	11.44	-5.87	11.44	0.84	-
2022/2	2.85	-35.74	3.17	7.28	-3.45	11.16	0.86	-
2022/1	4.43	14.4	-7.28	4.43	-7.28	12.89	0.75	-
2021/12	3.88	-15.38	-19.08	47.67	-11.45	12.81	0.8	-
2021/11	4.58	5.24	0.9	43.79	-10.7	12.87	0.8	-
2021/10	4.35	10.43	12.0	39.21	-11.89	12.27	0.84	-
2021/9	3.94	-0.91	-17.51	34.86	-14.17	11.4	0.98	-
2021/8	3.98	14.14	4.43	30.92	-13.73	11.62	0.96	-
2021/7	3.48	-16.26	12.71	26.94	-15.89	11.39	0.98	-
2021/6	4.16	11.12	-13.08	23.46	-18.94	11.31	1.05	-
2021/5	3.74	9.96	-8.61	19.3	-20.11	11.76	1.01	-
2021/4	3.4	-26.06	-27.32	15.55	-22.46	10.77	1.1	-
2021/3	4.61	66.79	-15.79	12.15	-20.97	12.15	1.08	-
2021/2	2.76	-42.26	-42.51	7.54	-23.84	12.33	1.07	-
2021/1	4.78	-0.15	-6.26	4.78	-6.26	14.11	0.93	-
2020/12	4.79	5.51	-8.84	53.84	-11.52	13.21	0.99	-
2020/11	4.54	16.82	-18.37	49.05	-11.78	13.2	0.99	-
2020/10	3.89	-18.66	-25.55	44.51	-11.05	12.47	1.05	-
2020/9	4.78	25.44	-2.31	40.62	-9.36	11.68	1.16	-
2020/8	3.81	23.2	-23.13	35.84	-10.22	11.69	1.15	-
2020/7	3.09	-35.43	-36.59	32.04	-8.39	11.98	1.13	-
2020/6	4.79	16.83	-5.73	28.94	-3.82	13.57	0.93	-
2020/5	4.1	-12.53	-16.4	24.16	-3.44	14.25	0.89	-
2020/4	4.68	-14.34	-8.2	20.06	-0.27	14.96	0.85	-
2020/3	5.47	13.86	8.11	15.37	2.41	15.37	0.81	-
2020/2	4.8	-5.84	37.23	9.91	-0.48	15.16	0.82	-
2020/1	5.1	-2.89	-20.94	5.1	-20.94	15.92	0.78	-
2019/12	5.25	-5.52	10.65	60.85	10.52	16.04	0.9	-
2019/11	5.56	6.54	4.87	55.6	10.5	15.67	0.93	-
2019/10	5.22	6.72	22.16	50.04	11.17	15.06	0.96	-
2019/9	4.89	-1.28	-8.59	44.82	10.01	14.72	0.87	-
2019/8	4.95	1.62	6.7	39.93	12.83	14.91	0.86	-
2019/7	4.88	-4.0	30.01	34.97	13.75	14.86	0.86	-
2019/6	5.08	3.6	13.76	30.1	11.5	15.08	0.78	-
2019/5	4.9	-3.95	13.59	25.02	11.05	0.0	N/A	-
2019/4	5.1	0.88	10.99	20.12	10.44	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)	87	1.66	0	-0.48	0	45.92	-2.92	46.76	8.85	0.71	0	2.56	0	1.44	0
2022 (9)	87	-3.58	0	-1.52	0	47.3	-0.78	42.96	-4.79	-1.5	0	-3.28	0	-3.11	0
2021 (8)	87	1.38	-39.74	-0.69	0	47.67	-11.46	45.12	0.29	-0.96	0	0.85	-66.0	1.2	-39.7
2020 (7)	87	2.29	-19.37	0.77	-69.44	53.84	-11.64	44.99	-2.6	1.18	-64.88	2.5	-31.51	1.99	-19.76
2019 (6)	87	2.84	0.35	2.52	-5.97	60.93	10.58	46.19	-1.37	3.36	-5.35	3.65	-1.35	2.48	0.4
2018 (5)	87	2.83	-46.3	2.68	-35.58	55.1	5.43	46.83	-0.83	3.55	-18.39	3.7	-30.58	2.47	-46.19
2017 (4)	87	5.27	-2.04	4.16	-24.09	52.26	-0.11	47.22	2.39	4.35	-8.23	5.33	14.13	4.59	-2.34
2016 (3)	87	5.38	110.16	5.48	69.66	52.32	6.62	46.12	4.49	4.74	79.55	4.67	127.8	4.7	110.76
2015 (2)	87	2.56	13.78	3.23	59.11	49.07	-1.86	44.14	10.99	2.64	23.94	2.05	-12.02	2.23	13.78
2014 (1)	87	2.25	-61.34	2.03	32.68	50.0	7.18	39.77	0	2.13	222.73	2.33	-47.05	1.96	-61.34