大華 9905 - 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)	305	0.21	-64.41	-16.0	0.14	-69.57	-30.0	1.45	16.94	-6.45	16.05	-35.98	-8.13	7.84	-39.55	-26.93	0.64	-67.68	-24.71	0.63	-65.0	-16.0	5.26	-44.63	-8.2	3.94	-44.97	-6.41	-14.69	-8.45	-8.12
23Q3 (19)	305	0.59	47.5	11.32	0.46	53.33	21.05	1.24	90.77	-5.34	25.07	6.59	-9.3	12.97	10.48	20.65	1.98	46.67	21.47	1.8	47.54	11.8	9.50	34.18	26.16	7.16	39.84	24.31	13.88	53.75	76.66
23Q2 (18)	305	0.40	60.0	-6.98	0.30	100.0	-18.92	0.65	160.0	-16.67	23.52	21.17	0.47	11.74	23.32	-7.99	1.35	90.14	-16.15	1.22	58.44	-7.58	7.08	32.58	-8.41	5.12	31.96	-7.41	16.14	30.00	37.50
23Q1 (17)	305	0.25	0.0	-28.57	0.15	-25.0	-46.43	0.25	-83.87	-28.57	19.41	11.1	0.99	9.52	-11.28	-17.65	0.71	-16.47	-37.72	0.77	2.67	-26.67	5.34	-6.81	-23.5	3.88	-7.84	-27.75	-12.84	-26.41	-36.19
22Q4 (16)	305	0.25	-52.83	-3.85	0.20	-47.37	-9.09	1.55	18.32	-21.32	17.47	-36.79	-5.82	10.73	-0.19	-13.12	0.85	-47.85	1.19	0.75	-53.42	-3.85	5.73	-23.9	10.19	4.21	-26.91	4.47	-9.36	-14.78	-22.33
22Q3 (15)	305	0.53	23.26	-28.38	0.38	2.7	-41.54	1.31	67.95	-23.84	27.64	18.07	8.31	10.75	-15.75	-35.28	1.63	1.24	-38.49	1.61	21.97	-28.76	7.53	-2.59	-34.41	5.76	4.16	-34.02	19.94	23.06	17.42
22Q2 (14)	305	0.43	22.86	-25.86	0.37	32.14	-33.93	0.78	122.86	-20.41	23.41	21.8	-3.46	12.76	10.38	-13.78	1.61	41.23	-27.48	1.32	25.71	-25.0	7.73	10.74	-17.85	5.53	2.98	-23.19	12.71	28.74	29.70
22Q1 (13)	305	0.35	34.62	-12.5	0.28	27.27	-15.15	0.35	-82.23	-12.5	19.22	3.61	4.29	11.56	-6.4	-19.22	1.14	35.71	-14.29	1.05	34.62	-13.93	6.98	34.23	-17.4	5.37	33.25	-17.13	-11.85	-15.12	-19.44
21Q4 (12)	305	0.26	-64.86	13.04	0.22	-66.15	37.5	1.97	14.53	7.65	18.55	-27.31	24.33	12.35	-25.65	4.93	0.84	-68.3	20.0	0.78	-65.49	13.04	5.20	-54.7	-14.61	4.03	-53.84	-11.43	-11.04	-18.63	-25.04
21Q3 (11)	305	0.74	27.59	-6.33	0.65	16.07	-2.99	1.72	75.51	6.83	25.52	5.24	13.78	16.61	12.23	-9.88	2.65	19.37	-3.28	2.26	28.41	-6.22	11.48	22.0	-17.59	8.73	21.25	-18.18	18.41	36.30	42.89
21Q2 (10)	305	0.58	45.0	-4.92	0.56	69.7	5.66	0.98	145.0	19.51	24.25	31.58	13.53	14.80	3.42	-12.11	2.22	66.92	1.83	1.76	44.26	-4.86	9.41	11.36	-15.98	7.20	11.11	-16.18	27.55	59.45	87.97
21Q1 (9)	305	0.40	73.91	90.48	0.33	106.25	94.12	0.40	-78.14	90.48	18.43	23.53	32.97	14.31	21.58	18.76	1.33	90.0	95.59	1.22	76.81	87.69	8.45	38.75	45.19	6.48	42.42	44.32	-4.97	1.51	15.06
20Q4 (8)	305	0.23	-70.89	-23.33	0.16	-76.12	-40.74	1.83	13.66	16.56	14.92	-33.48	-13.21	11.77	-36.14	-4.46	0.7	-74.45	-30.69	0.69	-71.37	-24.18	6.09	-56.28	-4.99	4.55	-57.36	-10.26	-14.23	-20.69	-24.85
20Q3 (7)	305	0.79	29.51	41.07	0.67	26.42	28.85	1.61	96.34	26.77	22.43	5.01	2.33	18.43	9.44	20.07	2.74	25.69	34.98	2.41	30.27	40.94	13.93	24.38	41.28	10.67	24.21	39.66	29.56	109.99	119.09
20Q2 (6)	305	0.61	190.48	32.61	0.53	211.76	26.19	0.82	290.48	15.49	21.36	54.11	-3.0	16.84	39.75	18.09	2.18	220.59	25.29	1.85	184.62	32.14	11.20	92.44	31.76	8.59	91.31	36.13	17.37	80.24	87.36
20Q1 (5)	305	0.21	-30.0	-16.0	0.17	-37.04	-5.56	0.21	-86.62	-16.0	13.86	-19.37	-28.85	12.05	-2.19	8.07	0.68	-32.67	-6.85	0.65	-28.57	-14.47	5.82	-9.2	20.25	4.49	-11.44	21.35	-	-	0.00
19Q4 (4)	305	0.30	-46.43	0.0	0.27	-48.08	0.0	1.57	23.62	0.0	17.19	-21.58	0.0	12.32	-19.74	0.0	1.01	-50.25	0.0	0.91	-46.78	0.0	6.41	-34.99	0.0	5.07	-33.64	0.0	-	-	0.00
19Q3 (3)	305	0.56	21.74	0.0	0.52	23.81	0.0	1.27	78.87	0.0	21.92	-0.45	0.0	15.35	7.64	0.0	2.03	16.67	0.0	1.71	22.14	0.0	9.86	16.0	0.0	7.64	21.08	0.0	-	-	0.00
19Q2 (2)	305	0.46	84.0	0.0	0.42	133.33	0.0	0.71	184.0	0.0	22.02	13.04	0.0	14.26	27.89	0.0	1.74	138.36	0.0	1.4	84.21	0.0	8.50	75.62	0.0	6.31	70.54	0.0	-	-	0.00
19Q1 (1)	305	0.25	0.0	0.0	0.18	0.0	0.0	0.25	0.0	0.0	19.48	0.0	0.0	11.15	0.0	0.0	0.73	0.0	0.0	0.76	0.0	0.0	4.84	0.0	0.0	3.70	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	5.99	3.29	-6.61	19.3	-0.59	19.3	N/A	-
2024/2	5.8	-22.81	-20.11	13.31	2.37	19.09	N/A	-
2024/1	7.51	29.76	30.8	7.51	30.8	18.28	N/A	-
2023/12	5.79	16.06	-9.2	84.05	-4.21	16.05	1.05	-
2023/11	4.99	-5.41	-7.25	78.26	-3.82	17.51	0.96	-
2023/10	5.27	-27.27	-7.87	73.27	-3.58	21.54	0.78	-
2023/9	7.25	-19.6	-14.19	68.0	-3.23	25.07	0.69	-
2023/8	9.02	2.37	-7.76	60.75	-1.73	25.5	0.67	-
2023/7	8.81	14.75	-6.47	51.74	-0.59	24.15	0.71	-
2023/6	7.68	0.14	-8.89	42.93	0.69	23.52	0.9	-
2023/5	7.66	-6.28	-2.39	35.25	3.06	22.25	0.95	-
2023/4	8.18	27.54	14.57	27.59	4.68	21.85	0.97	-
2023/3	6.41	-11.63	-8.29	19.41	1.01	19.41	1.13	-
2023/2	7.26	26.38	26.9	13.0	6.33	19.37	1.13	-
2023/1	5.74	-9.92	-11.74	5.74	-11.74	17.49	1.26	-
2022/12	6.37	18.55	-7.99	87.75	1.14	17.47	1.2	-
2022/11	5.38	-6.04	-2.47	81.37	1.93	19.55	1.08	-
2022/10	5.72	-32.26	-6.37	76.0	2.26	23.95	0.88	-
2022/9	8.45	-13.57	1.17	70.27	3.03	27.64	0.73	-
2022/8	9.78	3.79	21.84	61.82	3.29	27.62	0.74	-
2022/7	9.42	11.79	2.94	52.05	0.42	25.69	0.79	-
2022/6	8.42	7.28	2.12	42.63	-0.11	23.41	1.01	-
2022/5	7.85	10.01	-5.08	34.21	-0.64	21.98	1.08	-
2022/4	7.14	2.08	-7.59	26.35	0.75	19.85	1.19	-
2022/3	6.99	22.27	-3.07	19.22	4.25	19.22	1.26	-
2022/2	5.72	-12.1	5.21	12.22	8.96	19.15	1.27	-
2022/1	6.51	-6.1	12.49	6.51	12.49	18.95	1.28	-
2021/12	6.93	25.66	23.85	86.75	19.53	18.55	1.1	-
2021/11	5.51	-9.8	19.46	79.83	19.17	19.98	1.02	-
2021/10	6.11	-26.8	29.67	74.31	19.15	22.49	0.91	-
2021/9	8.35	4.08	19.18	68.2	18.29	25.52	0.76	-
2021/8	8.02	-12.29	11.05	59.85	18.17	25.42	0.77	-
2021/7	9.15	10.9	11.55	51.83	19.35	25.67	0.76	-
2021/6	8.25	-0.29	8.0	42.68	21.17	24.25	0.74	-
2021/5	8.27	7.09	22.94	34.43	24.81	23.21	0.77	-
2021/4	7.72	7.08	10.46	26.16	25.42	20.37	0.88	-
2021/3	7.21	32.73	34.54	18.43	32.96	18.43	0.93	-
2021/2	5.43	-6.01	19.01	11.22	31.97	16.81	1.02	-
2021/1	5.78	3.37	47.01	5.78	47.01	15.99	1.07	-
2020/12	5.59	21.2	-17.15	72.58	-9.96	14.92	1.07	-
2020/11	4.62	-2.09	-8.3	66.98	-9.3	16.34	0.98	-
2020/10	4.71	-32.72	-12.79	62.37	-9.38	18.95	0.84	-
2020/9	7.01	-3.01	3.85	57.65	-9.08	22.43	0.72	-
2020/8	7.22	-11.9	7.64	50.65	-10.62	23.06	0.7	-
2020/7	8.2	7.36	-3.08	43.42	-13.08	22.57	0.71	-
2020/6	7.64	13.5	-7.35	35.22	-15.12	21.36	0.81	-
2020/5	6.73	-3.77	-7.07	27.58	-17.05	19.08	0.9	-
2020/4	6.99	30.43	6.98	20.85	-19.82	16.92	1.02	-
2020/3	5.36	17.41	-21.83	13.86	-28.82	13.86	1.25	-
2020/2	4.57	16.09	-13.9	8.5	-32.62	15.25	1.14	-
2020/1	3.93	-41.74	-46.2	3.93	-46.2	15.72	1.11	-
2019/12	6.75	34.15	40.27	80.61	13.01	17.19	1.03	-
2019/11	5.03	-6.89	24.64	73.86	11.04	17.19	1.03	-
2019/10	5.41	-19.88	18.66	68.82	10.16	18.86	0.94	-
2019/9	6.75	0.53	10.87	63.42	9.49	21.92	0.82	-
2019/8	6.71	-20.68	-6.37	56.67	9.33	23.42	0.77	-
2019/7	8.46	2.63	10.96	49.96	11.85	23.95	0.75	-
2019/6	8.24	13.84	17.38	41.5	12.03	22.02	0.8	-
2019/5	7.24	10.78	9.38	33.25	10.77	0.0	N/A	-
2019/4	6.54	-4.7	0.54	26.01	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)	305	1.45	-6.45	1.04	-14.75	84.05	-4.22	10.85	-5.32	4.68	-10.34	5.93	-4.97	4.42	-6.55
2022 (9)	305	1.55	-21.32	1.22	-30.29	87.75	1.15	11.46	-22.09	5.22	-25.96	6.24	-19.28	4.73	-21.43
2021 (8)	305	1.97	7.65	1.75	14.38	86.75	19.52	14.71	-4.29	7.05	11.73	7.73	6.92	6.02	7.69
2020 (7)	305	1.83	17.31	1.53	10.87	72.58	-9.96	15.37	14.79	6.31	14.52	7.23	18.91	5.59	17.19
2019 (6)	305	1.56	6.12	1.38	5.34	80.61	13.01	13.39	2.68	5.51	29.95	6.08	28.81	4.77	6.47
2018 (5)	305	1.47	-23.44	1.31	0.0	71.33	-0.1	13.04	-7.65	4.24	-17.99	4.72	-32.95	4.48	-23.68
2017 (4)	305	1.92	0.0	1.31	-27.62	71.4	0.76	14.12	-12.89	5.17	-23.52	7.04	-0.98	5.87	0.0
2016 (3)	305	1.92	-15.04	1.81	-9.95	70.86	-10.91	16.21	-3.28	6.76	-13.78	7.11	-17.52	5.87	-14.93
2015 (2)	305	2.26	-11.72	2.01	-11.45	79.54	-1.08	16.76	-6.58	7.84	-10.71	8.62	-11.04	6.9	-11.65
2014 (1)	305	2.56	-11.11	2.27	-10.63	80.41	-3.38	17.94	0	8.78	-12.64	9.69	-12.47	7.81	-11.05