寶雅 5904 - 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8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			營業利益率 QoQ YoY			稅後淨利率 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(%)
26Q1 (8)	106	0.0	0.95	9.30	3.56	24.33	9.27	4.63	28.04	9.30	-68.52	24.33	70.95	7.84	12.69	45.13	-5.23	1.53	17.34	-3.24	13.41	13.95	-3.93	11.96	12.31	4.41	27.83	9.9	3.56	26.11	17.45	-3.96	12.0	13.95	-3.93	11.96	5.31	10.93	10.99
25Q4 (7)	106	0.0	0.95	8.98	18.31	25.42	8.86	17.35	28.78	29.54	43.68	10.47	65.79	2.78	9.61	47.62	3.75	2.83	17.92	14.43	17.28	14.52	14.96	16.07	11.79	17.66	28.57	9.56	18.32	27.3	18.17	15.07	16.18	14.52	14.96	16.07	4.34	27.16	26.70
25Q3 (6)	106	0.0	0.95	7.59	36.02	4.4	7.55	36.04	5.15	20.56	58.52	4.95	64.01	5.91	4.51	45.90	7.65	-0.22	15.66	29.53	0.84	12.63	28.48	1.36	10.02	37.07	5.36	8.08	36.03	5.9	15.79	29.64	1.41	12.63	28.48	1.36	0.96	5.31	6.35
25Q2 (5)	106	0.95	0.95	5.58	-25.4	-0.53	5.55	-23.34	7.35	12.97	73.4	5.36	60.44	-4.0	7.39	42.64	-4.07	-2.8	12.09	-20.93	-2.11	9.83	-21.11	-6.11	7.31	-24.09	5.18	5.94	-24.33	0.85	12.18	-21.82	-6.95	9.83	-21.11	-6.11	-	-	0.00
25Q1 (4)	105	0.0	0.0	7.48	4.47	0.0	7.24	5.23	0.0	7.48	-72.03	0.0	62.96	4.9	0.0	44.45	-4.02	0.0	15.29	0.07	0.0	12.46	-0.4	0.0	9.63	5.02	0.0	7.85	4.53	0.0	15.58	-0.38	0.0	12.46	-0.4	0.0	-	-	0.00
24Q4 (3)	105	0.0	0.0	7.16	-1.51	0.0	6.88	-4.18	0.0	26.74	36.5	0.0	60.02	-2.01	0.0	46.31	0.67	0.0	15.28	-1.61	0.0	12.51	0.4	0.0	9.17	-3.58	0.0	7.51	-1.57	0.0	15.64	0.45	0.0	12.51	0.4	0.0	-	-	0.00
24Q3 (2)	105	0.0	0.0	7.27	29.59	0.0	7.18	38.88	0.0	19.59	59.14	0.0	61.25	8.83	0.0	46.00	4.86	0.0	15.53	25.75	0.0	12.46	19.01	0.0	9.51	36.83	0.0	7.63	29.54	0.0	15.57	18.95	0.0	12.46	19.01	0.0	-	-	0.00
24Q2 (1)	105	0.0	0.0	5.61	0.0	0.0	5.17	0.0	0.0	12.31	0.0	0.0	56.28	0.0	0.0	43.87	0.0	0.0	12.35	0.0	0.0	10.47	0.0	0.0	6.95	0.0	0.0	5.89	0.0	0.0	13.09	0.0	0.0	10.47	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)
2026/4	22.48	-2.53	16.67	93.43	13.62	69.68	N/A	-
2026/3	23.06	-4.44	20.62	70.95	12.68	70.95	0.99	-
2026/2	24.14	1.62	22.87	47.88	9.22	70.43	0.99	-
2026/1	23.75	5.31	-1.85	23.75	-1.85	68.06	1.03	-
2025/12	22.55	3.61	2.5	253.2	7.15	65.79	1.04	-
2025/11	21.76	1.35	14.27	230.65	7.63	64.17	1.06	-
2025/10	21.47	2.59	13.16	208.88	6.99	64.75	1.05	-
2025/9	20.93	-6.33	2.19	187.41	6.32	64.01	0.96	-
2025/8	22.35	7.77	8.8	166.48	6.86	63.8	0.96	-
2025/7	20.73	0.04	2.49	144.14	6.57	61.91	0.99	-
2025/6	20.72	1.32	5.24	123.4	7.29	60.44	1.02	-
2025/5	20.45	6.16	9.66	102.68	7.71	58.84	1.04	-
2025/4	19.27	0.76	7.41	82.22	7.24	58.03	1.06	-
2025/3	19.12	-2.66	2.82	62.96	7.18	62.96	0.96	-
2025/2	19.64	-18.82	-5.01	43.84	9.2	65.84	0.92	-
2025/1	24.2	9.99	24.32	24.2	24.32	65.24	0.93	-
2024/12	22.0	15.51	11.11	236.28	7.01	60.02	1.0	-
2024/11	19.05	0.36	9.1	214.28	6.61	58.5	1.02	-
2024/10	18.98	-7.35	-0.61	195.24	6.37	59.99	1.0	-
2024/9	20.48	-0.26	5.82	176.26	7.19	61.25	0.9	-
2024/8	20.54	1.52	6.18	155.78	7.37	60.46	0.92	-
2024/7	20.23	2.72	1.12	135.24	7.55	58.57	0.95	-
2024/6	19.69	5.58	8.72	115.02	8.77	56.28	1.0	-
2024/5	18.65	3.99	8.1	95.32	8.77	55.18	1.02	-
2024/4	17.94	-3.53	2.81	76.67	8.94	57.21	0.98	-
2024/3	18.59	-10.09	14.93	58.74	10.96	58.74	N/A	-
2024/2	20.68	6.25	29.24	40.14	9.21	59.94	N/A	-
2024/1	19.46	-1.69	-6.22	19.46	-6.22	56.72	N/A	-
2023/12	19.8	13.42	2.26	220.79	13.36	56.35	N/A	-
2023/11	17.46	-8.57	12.99	200.99	14.58	55.9	N/A	-
2023/10	19.09	-1.34	15.08	183.53	14.74	57.79	N/A	-
2023/9	19.35	0.07	14.59	164.44	14.7	58.7	N/A	-
2023/8	19.34	-3.31	9.59	145.08	14.71	57.45	N/A	-
2023/7	20.0	10.44	11.3	125.74	15.54	55.37	N/A	-
2023/6	18.11	4.97	19.99	105.74	16.38	52.81	N/A	-
2023/5	17.25	-1.09	26.66	87.63	15.66	50.87	N/A	-
2023/4	17.44	7.83	16.23	70.38	13.25	49.62	N/A	-
2023/3	16.18	1.1	10.39	52.93	12.3	52.93	N/A	-
2023/2	16.0	-22.91	4.01	36.76	13.16	56.12	N/A	-
2023/1	20.76	7.2	21.39	20.76	21.39	55.56	N/A	-
2022/12	19.36	25.32	18.39	194.76	11.48	51.4	N/A	-
2022/11	15.45	-6.88	4.29	175.4	10.77	48.93	N/A	-
2022/10	16.59	-1.77	1.84	159.95	11.44	51.13	N/A	-
2022/9	16.89	-4.29	15.0	143.36	12.67	52.51	N/A	-
2022/8	17.65	-1.8	20.34	126.47	12.36	50.71	N/A	-
2022/7	17.97	19.06	41.12	108.83	11.17	46.69	N/A	-
2022/6	15.09	10.81	46.28	90.85	6.69	43.72	N/A	-
2022/5	13.62	-9.24	3.76	75.76	1.23	43.28	N/A	-
2022/4	15.01	2.42	3.55	62.14	0.69	45.04	N/A	-
2022/3	14.65	-4.74	4.37	47.13	-0.18	47.13	N/A	-
2022/2	15.38	-10.02	-2.29	32.48	-2.1	48.83	N/A	-
2022/1	17.1	4.55	-1.93	17.1	-1.93	48.26	N/A	-
2021/12	16.35	10.39	0.34	174.69	-0.39	47.45	N/A	-
2021/11	14.81	-9.06	2.2	158.34	-0.47	45.79	N/A	-
2021/10	16.29	10.91	9.3	143.53	-0.74	45.64	N/A	-
2021/9	14.69	0.14	-0.79	127.24	-1.89	42.08	N/A	-
2021/8	14.66	15.15	-12.34	112.55	-2.03	37.72	N/A	-
2021/7	12.73	23.42	-20.91	97.89	-0.27	36.18	N/A	-
2021/6	10.32	-21.39	-28.26	85.15	3.76	0.0	N/A	-
2021/5	13.13	-9.43	-0.57	74.84	10.57	0.0	N/A	-

成長能力-近5年

	加權平均股數 YoY		EPS YoY		本業EPS YoY		營收 YoY		毛利率(%) YoY		營業利益率 YoY		稅後淨利率 YoY		營業利益 YoY		稅前淨利 YoY		稅後淨利 YoY
2025 (5)	106	0.95	29.35	10.34	29.20	12.7	253.2	7.16	45.21	0.16	15.30	4.87	12.41	4.55	38.75	12.38	39.23	11.89	31.43	12.09
2024 (4)	105	1.94	26.60	9.42	25.91	7.02	236.28	7.02	45.14	2.36	14.59	0.9	11.87	3.76	34.48	7.99	35.06	11.2	28.04	11.05
2023 (3)	103	0.98	24.31	20.53	24.21	20.69	220.79	13.37	44.10	2.18	14.46	6.48	11.44	7.72	31.93	20.67	31.53	21.83	25.25	22.1
2022 (2)	102	0.99	20.17	10.95	20.06	14.11	194.76	11.49	43.16	-1.62	13.58	2.11	10.62	0.85	26.46	13.9	25.88	12.52	20.68	12.39
2021 (1)	101	3.06	18.18	-15.6	17.58	-13.48	174.69	-0.4	43.87	0	13.30	0	10.53	0	23.23	-12.34	23.0	-11.74	18.4	-12.8