玩股撇步(動畫小學堂)  

  • 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 YoYEPS 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)480.00.0-0.23-153.49-125.56-0.17-120.48-135.420.52-30.67-86.530.88-33.83-20.7285.2854.5248.930.27-22.86-10.0-0.11-152.38-125.5827.84132.19-37.58-12.40-179.49-132.086.16212.14133.88
23Q3 (19)480.00.00.43577.78-38.570.83388.24-38.520.75141.94-74.751.3346.15-25.755.19-12.33-13.540.3594.44-54.550.21625.0-38.2411.9995.92-52.9615.60445.13-16.827.89227.64165.37
23Q2 (18)480.00.0-0.09-122.5-118.750.17-57.5-81.910.31-22.5-86.340.919.64-20.8762.95-13.29-18.030.18-28.0-70.0-0.04-121.05-117.396.12-79.39-81.2-4.52-119.81-122.61-7.79-89.03-37.09
23Q1 (17)480.00.00.40-55.56-77.650.40-16.67-80.00.40-89.64-77.650.83-25.23-45.3972.6026.79-9.870.25-16.67-77.480.19-55.81-77.9129.69-33.43-55.1522.82-40.96-59.48-31.61-13.50-40.55
22Q4 (16)480.00.00.9028.57-30.230.48-64.44-58.973.8629.97-27.991.11-37.99-36.9357.26-10.29-30.20.3-61.04-60.00.4326.47-30.6544.6074.97-3.6138.65106.1310.118.8337.20-10.41
22Q3 (15)480.00.00.7045.83-54.251.3543.62-7.532.9730.84-27.031.7955.65-0.5663.83-16.89-10.070.7728.33-12.50.3447.83-53.4225.49-21.71-49.5518.75-6.2-53.7915.65-13.68-4.69
22Q2 (14)480.00.00.48-73.18-71.080.94-53.0-24.82.2726.82-10.631.15-24.349.5276.80-4.660.030.6-45.95-11.760.23-73.26-70.8932.56-50.82-60.6719.99-64.51-73.46-18.99-17.218.97
22Q1 (13)480.00.01.7938.76103.412.0070.94122.221.79-66.6103.411.52-13.6438.1880.55-1.811.01.1148.0136.170.8638.71104.7666.2043.0759.7156.3260.4646.78-7.9311.5425.54
21Q4 (12)480.00.01.29-15.69122.411.17-19.8605.3631.797.061.76-2.2253.0482.0315.5721.170.75-14.7700.62-15.07121.4346.27-8.4388.735.10-13.546.1934.61-11.76-1.53
21Q3 (11)480.00.01.53-7.83118.571.4616.8403.454.0760.2490.191.871.4363.6470.98-7.5510.730.8829.41225.930.73-7.59121.2150.53-38.9721.040.58-46.1234.1533.4440.4127.84
21Q2 (10)480.00.01.6688.641283.331.2538.89503.232.54188.6475.171.05-4.55169.2376.785.811.290.6844.68585.710.7988.11216.6782.7999.73372.2875.3196.27406.46-4.4570.1819.45
21Q1 (9)480.00.00.8851.72-33.830.900-32.330.88-67.65-33.831.1-4.35-20.8672.577.19-13.20.470-42.680.4250.0-33.3341.4569.05-28.9138.3759.81-15.760.1017.29-50.00
20Q4 (8)480.00.00.58-17.14-87.420.00-100.0-100.02.7227.1-81.71.154.55-52.8767.705.62-23.440-100.0-100.00.28-15.15-87.2724.52-41.28-71.9524.01-20.63-73.4393.30233.0946.78
20Q3 (7)480.00.00.70483.33-82.50.29193.55-92.352.1447.59-79.141.1182.05-68.2164.10-7.09-20.260.27292.86-88.660.33450.0-82.7241.76138.22-41.2730.25103.43-45.255.06196.1735.12
20Q2 (6)480.00.00.12-90.98-96.23-0.31-123.31-111.031.459.02-76.840.39-71.94-83.0468.99-17.49-23.37-0.14-117.07-108.810.06-90.48-96.0517.53-69.94-77.0614.87-67.35-77.49-57.48-81.06-93.64
20Q1 (5)480.026.321.33-71.15-65.541.33-63.96-54.451.33-91.05-65.541.39-43.03-49.4583.61-5.45-0.380.82-51.76-57.950.63-71.36-57.4358.31-33.28-21.1745.55-49.6-15.05--0.00
19Q4 (4)480.00.04.6115.250.03.69-2.640.014.8644.830.02.44-29.480.088.4310.00.01.7-28.570.02.215.180.087.4022.910.090.3763.710.0--0.00
19Q3 (3)480.00.04.0025.790.03.7934.880.010.2663.90.03.4650.430.080.39-10.710.02.3849.690.01.9125.660.071.11-6.940.055.20-16.430.0--0.00
19Q2 (2)4826.320.03.18-17.620.02.81-3.770.06.2662.180.02.3-16.360.090.037.270.01.59-18.460.01.522.70.076.413.30.066.0523.180.0--0.00
19Q1 (1)380.00.03.860.00.02.920.00.03.860.00.02.750.00.083.930.00.01.950.00.01.480.00.073.970.00.053.620.00.0--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自結稅前EPS自結稅前累計EPS備註(年增率變動50%需說明原因)
2024/30.52217.4227.670.81-3.090.81N/A-
2024/20.1633.08-39.810.29-32.550.56N/A-
2024/10.12-54.77-19.650.12-19.650.69N/A-
2023/120.27-8.34-13.53.96-28.830.881.41-
2023/110.3-5.39-17.113.69-29.751.121.11-
2023/100.31-38.63-28.053.39-30.681.141.09-
2023/90.5162.99-31.673.08-30.931.330.87-
2023/80.31-38.42-27.692.56-30.781.260.92-
2023/70.5115.49-16.232.28-30.441.180.98-
2023/60.4493.3-15.621.77-33.680.930.86-
2023/50.23-13.99-20.841.33-38.090.90.89-
2023/40.27-34.82-20.631.1-40.770.940.85-
2023/30.4149.62-34.720.83-45.210.831.17-
2023/20.2777.66-35.140.43-52.510.741.31由於疫情管控政策放開,校園營運現仍處於恢復階段。幼教用品銷售因開園有所回升,顧問及軟體收入仍受影響。
2023/10.15-51.31-67.810.15-67.810.831.17由於疫情管控政策放開,全部校園提前放假緊跟寒假,導致顧問收入及幼教用品銷售受到較大影響。
2022/120.31-12.17-56.985.56-2.611.110.89由於疫情管控政策放開,導致校園大部分提前放假,顧問收入及幼教用品銷售受到較大影響。
2022/110.36-17.88-28.955.255.361.540.64-
2022/100.44-41.73-16.394.899.221.620.61-
2022/90.7572.54.774.4512.61.790.68-
2022/80.43-28.66-8.613.7114.321.560.78-
2022/70.6116.33-0.713.2718.261.420.86-
2022/60.5281.3412.222.6623.651.150.77-
2022/50.29-13.763.682.1426.811.250.71-
2022/40.33-46.398.131.8531.371.380.64-
2022/30.6248.6633.451.5237.891.520.55-
2022/20.42-11.8346.290.941.171.630.52-
2022/10.48-34.9136.930.4836.931.710.49-
2021/120.7345.0472.595.7141.691.760.52部分地區受疫情影響而持續有停課狀況,影響顧問收入,幼教用品銷售穩定。
2021/110.5-3.3639.154.9838.071.740.53-
2021/100.52-26.9743.534.4837.951.710.54-
2021/90.7150.4562.823.9637.241.80.52部分地區受疫情影響顧問費還需折扣處理,幼教用品產品穩定銷售。
2021/80.47-22.4982.333.2432.651.550.6受近期疫情零星影響,顧問折扣維持先前水準,幼教用品仍有學期性訂單貢獻
2021/70.6131.4951.912.7726.731.360.69顧問服務折扣緩步降低,幼教用品學期訂單逐步恢復訂購,於7月正常發貨。
2021/60.4767.55184.332.1521.021.051.06去年同期大部分幼兒園客戶仍全數停課,目前已正常上課,顧問費雖保持折扣但折扣幅度已有降低,幼教用品訂購恢復正常。
2021/50.28-10.07123.591.694.471.051.06去年同期幼兒園大部分客戶仍全數停課。目前雖有折扣,但客戶已正常上課。
2021/40.31-33.84210.681.41-5.441.061.05去年同期幼兒園客戶仍全數停課。目前雖有折扣,但客戶已正常上課,顧問及幼教用品銷量皆有大幅年成長率。
2021/30.4762.9770.051.1-20.891.10.96相較去年同期,本公司客戶皆恢復正常營運,因此給予折扣已有降低。幼教用品隨著幼生返校狀況良好,銷售較去年同期成長。
2021/20.29-17.477.60.63-43.251.061.0-
2021/10.35-17.96-59.170.35-59.171.130.94受部分幼兒園提前放寒假及部分客戶累積虧損仍在之影響,顧問及軟件收入仍呈現較大幅度的衰退。
2020/120.4216.94-57.464.03-63.191.151.01客戶營運仍有受疫情影響,本公司顧問服務、幼教用品及軟件服務銷售皆呈現衰退。
2020/110.36-0.32-51.753.61-63.771.161.0全部客戶已開學,但疫情期間造成的累積虧損仍在,本公司仍給予顾问及软件折扣。
2020/100.36-17.16-47.443.25-64.751.061.09多數客戶已陸續開學,但疫情期間造成的累積虧損仍在,本公司仍給予折扣。
2020/90.4468.48-61.882.88-66.151.11.13多數客戶已陸續開學,但疫情期間造成的累積虧損仍在,本公司仍給予折扣
2020/80.26-35.42-74.42.44-66.820.831.5八月顧問折扣維持七月水準。幼教用品及軟件仍受疫情影響而銷售量降低。
2020/70.4146.11-68.882.18-65.610.691.79幼兒園客戶陸續開學,七月份顧問折扣些許減少。因幼生尚未全數返校,幼教用品及軟件銷售量偏低。
2020/60.1631.75-79.111.78-64.770.393.59幼兒園客戶陸續開學,六月份顧問折扣些許減少。因幼生尚未全數返校,幼教用品及軟件銷售量偏低。
2020/50.1224.95-83.991.62-62.130.52.79五月份幼兒園開園數量仍低,公司仍給予折扣或免除顧問費。幼教用品與軟件亦受未開園影響而衰退。
2020/40.1-63.79-86.541.49-57.270.642.17受新冠肺炎影響,中國大陸多數幼兒園仍未開園,本公司仍給予幼兒園客戶折扣與免除部分服務費。
2020/30.273.12-73.781.39-49.41.390.94受新冠肺炎影響,中國大陸各地幼兒園仍未開學,目前僅有線上英文教學及維護費收入。顧問費維持原折扣幅度。
2020/20.27-68.69-68.371.12-34.412.110.62因幼兒園客戶全數停課,顧問合約進行調整,2月份之顧問費給予折扣,調整差額將個別與幼兒園再簽訂顧問合約延長協議。
2020/10.85-14.51-1.190.85-1.192.60.5-
2019/121.032.634.4910.9512.062.440.47-
2019/110.758.565.439.9612.882.610.44-
2019/100.69-40.623.119.2113.542.870.4-
2019/91.1614.4914.218.5314.663.480.33-
2019/81.02-21.4911.647.3714.733.10.37-
2019/71.365.1714.616.3515.242.860.4-
2019/60.780.9815.595.0515.42.30.58-
2019/50.785.039.764.2715.370.0N/A-
2019/40.74-29.4514.913.4916.70.0N/A-
成長能力-近10年
加權平均股數 YoYEPS 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)480.00.52-86.531.25-73.683.96-28.7867.34-3.471.05-61.960.71-69.530.25-86.49
2022 (9)480.03.86-27.854.750.05.56-2.6369.76-7.912.76-0.362.33-23.611.85-27.73
2021 (8)480.05.3596.694.75262.65.7141.6975.754.732.77191.583.0588.272.5696.92
2020 (7)480.02.72-81.651.31-90.14.03-63.272.33-15.00.95-87.531.62-80.691.3-81.72
2019 (6)4826.3214.828.113.2329.8310.9512.0885.09-0.087.6214.248.3919.357.1135.43
2018 (5)3811.7613.7115.610.1927.699.7720.4785.163.686.6726.817.0323.125.2522.95
2017 (4)343.0311.8621.647.9819.288.1111.2582.141.535.2617.675.7123.594.2727.08
2016 (3)336.459.7521.726.6946.077.2918.3480.901.24.4737.964.6230.143.3633.86
2015 (2)316.98.0113.784.5821.496.1629.1479.94-2.253.2424.623.5524.562.5121.26
2014 (1)290.07.0418.523.7713.214.774.3881.7802.615.562.8518.752.0718.97

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