杏一 4175 - 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)	42	0.0	20.0	0.31	-8.82	-39.22	0.76	100.0	26.67	1.13	36.14	-76.6	20.08	8.66	7.67	30.81	0.98	2.8	0.39	77.27	30.0	0.13	-7.14	-27.78	1.01	-7.34	-17.89	0.64	-17.95	-35.35	4.60	285.59	100.00
23Q3 (19)	42	10.53	20.0	0.34	580.0	-69.91	0.38	100.0	-54.22	0.83	56.6	-80.83	18.48	0.54	8.26	30.51	3.04	-3.42	0.22	83.33	-50.0	0.14	600.0	-65.0	1.09	251.61	-61.75	0.78	680.0	-66.95	2.69	245.10	14.84
23Q2 (18)	38	2.7	8.57	0.05	-89.8	-97.86	0.19	-70.31	-90.73	0.53	8.16	-83.44	18.38	4.85	-10.25	29.61	-4.36	-0.13	0.12	-62.5	-89.47	0.02	-88.89	-97.59	0.31	-77.21	-94.27	0.10	-90.48	-97.62	-0.58	-46.86	-31.82
23Q1 (17)	37	5.71	5.71	0.49	-3.92	-43.02	0.64	6.67	-9.86	0.49	-89.86	-43.02	17.53	-6.01	9.29	30.96	3.3	-0.77	0.32	6.67	-20.0	0.18	0.0	-40.0	1.36	10.57	-44.72	1.05	6.06	-45.31	1.62	-29.39	-10.52
22Q4 (16)	35	0.0	2.94	0.51	-54.87	-22.73	0.60	-27.71	-40.0	4.83	11.55	145.18	18.65	9.26	6.21	29.97	-5.13	1.94	0.3	-31.82	-43.4	0.18	-55.0	-21.74	1.23	-56.84	-36.6	0.99	-58.05	-22.05	-3.69	-53.29	-43.61
22Q3 (15)	35	0.0	2.94	1.13	-51.71	503.57	0.83	-59.51	66.0	4.33	35.31	225.56	17.07	-16.65	6.69	31.59	6.54	10.3	0.44	-61.4	1566.67	0.4	-51.81	500.0	2.85	-47.32	232.56	2.36	-43.94	486.89	5.52	60.19	64.61
22Q2 (14)	35	0.0	9.38	2.34	172.09	160.0	2.05	188.73	153.09	3.20	272.09	83.91	20.48	27.68	21.4	29.65	-4.97	3.13	1.14	185.0	267.74	0.83	176.67	186.21	5.41	119.92	258.28	4.21	119.27	155.15	9.51	101.20	79.86
22Q1 (13)	35	2.94	9.38	0.86	30.3	2.38	0.71	-29.0	14.52	0.86	-56.35	2.38	16.04	-8.66	7.15	31.20	6.12	-0.03	0.4	-24.53	25.0	0.3	30.43	11.11	2.46	26.8	8.85	1.92	51.18	10.98	0.54	183.00	35.50
21Q4 (12)	34	0.0	9.68	0.66	335.71	-38.32	1.00	100.0	-10.71	1.97	48.12	-43.71	17.56	9.75	8.66	29.40	2.65	-4.23	0.53	1866.67	-7.02	0.23	330.0	-30.3	1.94	190.23	-26.79	1.27	308.2	-37.13	2.29	102.30	30.86
21Q3 (11)	34	6.25	6.25	-0.28	-131.11	-216.67	0.50	-38.27	38.89	1.33	-23.56	-45.49	16.0	-5.16	6.74	28.64	-0.38	-4.66	-0.03	-109.68	-117.65	-0.1	-134.48	-225.0	-2.15	-242.38	-425.76	-0.61	-136.97	-256.41	3.76	-61.99	-3.81
21Q2 (10)	32	0.0	0.0	0.90	7.14	66.67	0.81	30.65	47.27	1.74	107.14	-21.27	16.87	12.69	22.34	28.75	-7.88	-4.55	0.31	-3.12	72.22	0.29	7.41	70.59	1.51	-33.19	71.59	1.65	-4.62	47.32	2.66	-7.18	-7.00
21Q1 (9)	32	3.23	3.23	0.84	-21.5	-50.3	0.62	-44.64	-43.64	0.84	-76.0	-50.3	14.97	-7.36	4.47	31.21	1.66	-3.31	0.32	-43.86	-46.67	0.27	-18.18	-48.08	2.26	-14.72	-50.76	1.73	-14.36	-50.85	0.22	162.16	83.24
20Q4 (8)	31	-3.12	3.33	1.07	345.83	-17.69	1.12	211.11	24.44	3.50	43.44	-25.53	16.16	7.81	10.99	30.70	2.2	-0.16	0.57	235.29	16.33	0.33	312.5	-15.38	2.65	301.52	-23.19	2.02	417.95	-23.77	8.25	145.13	88.28
20Q3 (7)	32	0.0	6.67	0.24	-55.56	-77.36	0.36	-34.55	-49.3	2.44	10.41	-28.24	14.99	8.7	12.37	30.04	-0.27	-2.69	0.17	-5.56	-55.26	0.08	-52.94	-75.0	0.66	-25.0	-78.0	0.39	-65.18	-83.47	2.46	-61.80	-42.27
20Q2 (6)	32	3.23	6.67	0.54	-68.05	-52.63	0.55	-50.0	-20.29	2.21	30.77	-5.15	13.79	-3.77	6.24	30.12	-6.69	-0.3	0.18	-70.0	-52.63	0.17	-67.31	-50.0	0.88	-80.83	-73.57	1.12	-68.18	-57.41	-2.67	-19.02	-13.89
20Q1 (5)	31	3.33	10.71	1.69	30.0	33.07	1.10	22.22	18.28	1.69	-64.04	33.07	14.33	-1.58	17.75	32.28	4.98	0.4	0.6	22.45	22.45	0.52	33.33	44.44	4.59	33.04	23.39	3.52	32.83	18.92	-	-	0.00
19Q4 (4)	30	0.0	0.0	1.30	22.64	0.0	0.90	26.76	0.0	4.70	38.24	0.0	14.56	9.15	0.0	30.75	-0.39	0.0	0.49	28.95	0.0	0.39	21.88	0.0	3.45	15.0	0.0	2.65	12.29	0.0	-	-	0.00
19Q3 (3)	30	0.0	0.0	1.06	-7.02	0.0	0.71	2.9	0.0	3.40	45.92	0.0	13.34	2.77	0.0	30.87	2.18	0.0	0.38	0.0	0.0	0.32	-5.88	0.0	3.00	-9.91	0.0	2.36	-10.27	0.0	-	-	0.00
19Q2 (2)	30	7.14	0.0	1.14	-10.24	0.0	0.69	-25.81	0.0	2.33	83.46	0.0	12.98	6.66	0.0	30.21	-6.03	0.0	0.38	-22.45	0.0	0.34	-5.56	0.0	3.33	-10.48	0.0	2.63	-11.15	0.0	-	-	0.00
19Q1 (1)	28	0.0	0.0	1.27	0.0	0.0	0.93	0.0	0.0	1.27	0.0	0.0	12.17	0.0	0.0	32.15	0.0	0.0	0.49	0.0	0.0	0.36	0.0	0.0	3.72	0.0	0.0	2.96	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	6.42	15.18	-0.8	18.36	4.63	18.36	N/A	-
2024/2	5.57	-12.51	3.17	11.94	7.81	19.34	N/A	-
2024/1	6.37	-13.95	12.23	6.37	12.23	19.95	N/A	-
2023/12	7.4	19.83	0.6	74.47	2.95	20.0	0.61	-
2023/11	6.18	-3.87	10.53	67.07	3.22	18.65	0.65	-
2023/10	6.43	6.3	11.76	60.89	2.53	18.78	0.65	-
2023/9	6.04	-4.22	1.48	54.47	1.54	18.52	0.63	-
2023/8	6.31	2.35	11.76	48.42	1.55	19.15	0.61	-
2023/7	6.17	-7.55	12.41	42.11	0.18	19.02	0.62	-
2023/6	6.67	7.88	4.29	35.95	-1.65	18.4	0.63	-
2023/5	6.18	11.39	-16.79	29.28	-2.91	18.2	0.64	-
2023/4	5.55	-14.23	-16.55	23.09	1.62	17.42	0.67	-
2023/3	6.47	19.8	11.53	17.55	9.14	17.55	0.64	-
2023/2	5.4	-4.83	16.87	11.08	7.8	18.43	0.61	-
2023/1	5.67	-22.86	0.38	5.67	0.38	18.62	0.6	-
2022/12	7.36	31.65	12.09	72.33	10.55	18.69	0.59	-
2022/11	5.59	-2.79	3.65	64.97	10.38	17.29	0.64	-
2022/10	5.75	-3.47	2.2	59.38	11.06	17.35	0.64	-
2022/9	5.96	5.47	8.83	53.64	12.12	17.09	0.63	-
2022/8	5.65	2.95	6.84	47.68	12.54	17.53	0.61	-
2022/7	5.48	-14.22	4.54	42.03	13.41	19.31	0.55	-
2022/6	6.39	-13.93	7.26	36.55	14.87	20.47	0.53	-
2022/5	7.43	11.71	27.68	30.15	16.63	19.88	0.55	-
2022/4	6.65	14.63	30.37	22.73	13.41	17.07	0.64	-
2022/3	5.8	25.54	10.3	16.08	7.62	16.08	0.65	-
2022/2	4.62	-18.26	4.76	10.27	6.17	16.84	0.62	-
2022/1	5.65	-13.86	7.35	5.65	7.35	17.61	0.59	-
2021/12	6.56	21.73	4.05	65.42	10.13	17.58	0.61	-
2021/11	5.39	-4.15	13.62	58.86	10.85	16.49	0.65	-
2021/10	5.62	2.78	8.97	53.47	10.58	16.38	0.65	-
2021/9	5.47	3.54	5.94	47.84	10.76	16.0	0.68	-
2021/8	5.28	0.74	5.75	42.36	11.41	16.49	0.66	-
2021/7	5.25	-11.99	8.65	37.06	12.22	17.03	0.64	-
2021/6	5.96	2.45	12.43	31.82	12.87	16.88	0.68	-
2021/5	5.82	14.06	43.87	25.85	12.97	16.18	0.71	-
2021/4	5.1	-3.0	13.64	20.04	6.34	14.77	0.78	-
2021/3	5.26	19.23	5.91	14.94	4.05	14.94	0.74	-
2021/2	4.41	-16.24	-6.33	9.68	2.96	15.98	0.69	-
2021/1	5.27	-16.51	12.3	5.27	12.3	16.32	0.68	-
2020/12	6.31	32.93	12.37	59.4	11.85	16.21	0.69	-
2020/11	4.74	-8.07	12.94	53.09	11.79	15.07	0.74	-
2020/10	5.16	-0.07	8.84	48.35	11.68	15.32	0.73	-
2020/9	5.17	3.36	15.17	43.19	12.03	14.99	0.73	-
2020/8	5.0	3.5	12.73	38.02	11.61	15.13	0.72	-
2020/7	4.83	-8.93	8.88	33.03	11.44	14.17	0.77	-
2020/6	5.3	31.11	14.49	28.19	11.85	13.83	0.76	-
2020/5	4.04	-9.9	-3.17	22.89	11.26	13.5	0.78	-
2020/4	4.49	-9.6	7.84	18.84	14.94	14.16	0.74	-
2020/3	4.97	5.44	16.04	14.35	17.36	14.36	0.71	-
2020/2	4.71	0.42	35.04	9.4	18.2	15.01	0.68	-
2020/1	4.69	-16.45	5.04	4.69	5.04	14.5	0.7	-
2019/12	5.61	33.61	18.69	53.11	14.34	14.56	0.65	-
2019/11	4.2	-11.41	9.24	47.49	13.84	13.43	0.7	-
2019/10	4.74	5.73	17.05	43.29	14.31	13.66	0.69	-
2019/9	4.48	1.17	18.82	38.55	13.98	13.35	0.66	-
2019/8	4.43	-0.03	14.31	34.06	13.37	13.5	0.65	-
2019/7	4.43	-4.24	20.06	29.63	13.24	13.24	0.67	-
2019/6	4.63	10.87	10.39	25.2	12.11	12.97	0.68	-
2019/5	4.18	0.34	13.01	20.57	12.51	0.0	N/A	-
2019/4	4.16	-2.72	19.19	16.39	12.38	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)	42	20.0	1.12	-75.06	1.98	-52.97	74.46	3.07	30.47	-0.2	1.06	-53.51	0.7	-68.47	0.47	-72.51
2022 (9)	35	2.94	4.49	142.7	4.21	45.17	72.24	10.46	30.53	3.63	2.28	101.77	2.22	276.27	1.71	151.47
2021 (8)	34	9.68	1.85	-42.9	2.90	-7.05	65.4	10.34	29.46	-4.29	1.13	-25.17	0.59	-54.96	0.68	-38.18
2020 (7)	31	3.33	3.24	-26.86	3.12	-3.7	59.27	11.72	30.78	-0.61	1.51	-13.22	1.31	-26.82	1.1	-21.99
2019 (6)	30	7.14	4.43	23.06	3.24	16.13	53.05	14.5	30.97	-0.29	1.74	14.47	1.79	20.95	1.41	24.78
2018 (5)	28	0.0	3.60	17.26	2.79	26.24	46.33	7.15	31.06	2.78	1.52	33.33	1.48	32.14	1.13	24.18
2017 (4)	28	12.0	3.07	-23.82	2.21	10.5	43.24	5.21	30.22	-0.72	1.14	6.54	1.12	-10.4	0.91	-10.78
2016 (3)	25	0.0	4.03	-16.22	2.00	-23.66	41.1	5.93	30.44	-0.29	1.07	-22.46	1.25	-16.67	1.02	-16.39
2015 (2)	25	4.17	4.81	19.65	2.62	34.36	38.8	7.57	30.53	-1.52	1.38	31.43	1.5	23.97	1.22	24.49
2014 (1)	24	9.09	4.02	-13.73	1.95	-11.76	36.07	7.16	31.00	0	1.05	-11.02	1.21	-6.92	0.98	-6.67