{"id":1139,"date":"2026-11-06T09:18:30","date_gmt":"2026-11-06T01:18:30","guid":{"rendered":"https:\/\/ifa.ai\/research\/3701tt\/"},"modified":"2026-11-13T22:05:46","modified_gmt":"2026-11-13T14:05:46","slug":"3701tt","status":"publish","type":"post","link":"https:\/\/ifa.ai\/research\/3701tt\/","title":{"rendered":"[\u5927\u773e\u63a7 (3701)] \u505a\u4ec0\u9ebc\uff1f\u53ef\u4ee5\u8cb7\u55ce\uff1f\u80a1\u50f9\u8207\u57fa\u672c\u9762\uff0d\u5f9e\u50f9\u503c\u6295\u8cc7\u8207\u7cfb\u7d71\u5316\u9078\u80a1\u7b56\u7565\u770b\u5927\u773e\u63a7"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"post-templates\/template-1.php","format":"standard","meta":{"ifam_symbol":"3701","ifam_company":"\u5927\u773e\u63a7","ifam_market":"\u53f0\u80a1","ifam_updated_at":"","ifam_business":"<p><strong>\u5927\u773e\u5168\u7403\u6295\u8cc7\u63a7\u80a1\uff083701\uff09\u7684\u71df\u6536\u4f86\u81ea\u65d7\u4e0b\u5b50\u516c\u53f8\u7684\u96fb\u5b50\u88fd\u9020\u8207\u7522\u54c1\u696d\u52d9\uff1a\u7d93\u71df\u5149\u901a\u8a0a\u3001\u8eca\u8f09\u7522\u54c1\u3001\u76e3\u63a7\u7522\u54c1\u3001\u7522\u696d\u96fb\u8166\u53ca\u89f8\u63a7\u5f0f\u87a2\u5e55\u7684\u7814\u767c\u3001\u88fd\u9020\u53ca\u92b7\u552e\uff0c\u96fb\u8166\u53ca\u4f3a\u670d\u5668\u7b49\u96fb\u5b50\u88fd\u9020\u751f\u7522\uff0c\u4ee5\u53ca\u4e0d\u52d5\u7522\u79df\u8cc3\u3002<\/strong> \u516c\u53f8 2004 \u5e74 8 \u6708\u4ee5\u80a1\u4efd\u8f49\u63db\u65b9\u5f0f\u8a2d\u7acb\u4e26\u4e0a\u5e02\uff0c\u7522\u696d\u985e\u5225\u70ba\u96fb\u8166\u53ca\u9031\u908a\u8a2d\u5099\u696d\uff0c\u5be6\u6536\u8cc7\u672c\u984d 23.67 \u5104\u5143\u3002<\/p>\n<p><strong>\u71df\u6536\u4f9d\u90e8\u9580\u5340\u5206\u3002<\/strong> 2026 \u5e74\u4e0a\u534a\u5e74\u5408\u4f75\u71df\u6536 40.56 \u5104\u5143\u4e2d\uff0c3CEMS \u53ca\u5176\u5b50\u516c\u53f8\u5360 63.0%\u3001\u6538\u6cf0\u53ca\u5176\u5b50\u516c\u53f8 23.2%\u3001\u5927\u773e\u96fb\u8166\u53ca\u5176\u5b50\u516c\u53f8 13.7%\uff08\u53bb\u5e74\u540c\u671f 64.2%\uff0f21.3%\uff0f14.5%\uff1b2025 \u5e74\u5168\u5e74 65.9%\uff0f20.0%\uff0f14.1%\uff09\u30022025 \u5e74\u4f9d\u5730\u5340\uff0c\u4e2d\u570b\u5360 28.3%\uff082024 \u5e74 46.3%\uff09\u3001\u81fa\u7063 27.1%\u3001\u7f8e\u570b 13.5%\u3002<\/p>\n<p><strong>\u26a0 \u8a55\u4f30\u672c\u6a94\u6642\u61c9\u512a\u5148\u7559\u610f\u7684\u662f\u71df\u6536\u4e0b\u6ed1\u8207\u672c\u696d\u8f49\u8667\u3002<\/strong> 2026 \u5e74\u4e0a\u534a\u5e74\u90e8\u9580\u640d\u76ca\u4e2d\uff0c3CEMS \u22122.73 \u5104\u5143\uff08\u53bb\u5e74\u540c\u671f \uff0b1.16 \u5104\u5143\uff09\u3001\u6538\u6cf0 \u22120.51 \u5104\u5143\u3001\u5927\u773e\u96fb\u8166 \u22120.26 \u5104\u5143\uff1b\u6bdb\u5229\u7387\u7531 18.2% \u964d\u81f3 12.0%\uff0c\u7b2c 2 \u5b63 9.8%\u3002<\/p>\n<p><strong>\u8fd1\u4e09\u5e74\u7684\u898f\u6a21\u8207\u7372\u5229<\/strong>\uff1a\u71df\u6536 132.83 \u2192 131.02 \u2192 98.33 \u5104\u5143\uff1b\u6bcf\u80a1\u76c8\u9918 1.42 \u2192 0.11 \u2192 \u22120.38 \u5143\uff08\u7a00\u91cb\uff09\u3002<\/p>\n","ifam_revenue":"[{\"title\":\"\u71df\u6536\uff0d\u4ee5\u7522\u54c1\/\u670d\u52d9\u5340\u5206 (%)\",\"header\":[\"\",\"2025 (A)\",\"2025 \u4e0a\u534a\u5e74\",\"2025 \u4e0b\u534a\u5e74\",\"2026\u4e0a\u534a\u5e74\"],\"rows\":[[\"\u4f9d\u8ca1\u5831\u61c9\u5831\u5c0e\u90e8\u9580\u4e4b\u5916\u90e8\u6536\u5165\uff08\u5360\u5408\u4f75\u71df\u6536\uff09\",\"\",\"\",\"\",\"\"],[\"3CEMS \u53ca\u5176\u5b50\u516c\u53f8\",\"65.9%\",\"64.2%\",\"67.9%\",\"63.0%\"],[\"\u6538\u6cf0\u53ca\u5176\u5b50\u516c\u53f8\",\"20.0%\",\"21.3%\",\"18.5%\",\"23.2%\"],[\"\u5927\u773e\u96fb\u8166\u53ca\u5176\u5b50\u516c\u53f8\",\"14.1%\",\"14.5%\",\"13.6%\",\"13.7%\"],[\"\u5176\u4ed6\u516c\u53f8\",\"0.1%\",\"0.1%\",\"0.1%\",\"0.1%\"],[\"\u5408\u8a08\",\"100.0%\",\"100.0%\",\"100.0%\",\"100.0%\"]],\"notes\":[]}]","ifam_revenue_trend":"{\"tabs\":[{\"key\":\"month\",\"label\":\"\u6708\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\"],\"rows\":[[\"1~10\u6708\u7d2f\u8a08\",\"7,942\",\"8,265\",\"11,298\"],[\"12\u6708\",\"\uff0d\",\"697\",\"783\"],[\"11\u6708\",\"\uff0d\",\"730\",\"987\"],[\"10\u6708\",\"1,190\",\"614\",\"1,163\"],[\"9\u6708\",\"1,004\",\"672\",\"1,080\"],[\"8\u6708\",\"820\",\"771\",\"1,111\"],[\"7\u6708\",\"884\",\"828\",\"1,253\"],[\"6\u6708\",\"675\",\"576\",\"1,043\"],[\"5\u6708\",\"615\",\"905\",\"1,110\"],[\"4\u6708\",\"750\",\"1,071\",\"1,384\"],[\"3\u6708\",\"713\",\"1,024\",\"1,030\"],[\"2\u6708\",\"513\",\"833\",\"783\"],[\"1\u6708\",\"778\",\"971\",\"1,342\"]]},{\"key\":\"quarter\",\"label\":\"\u5b63\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026Q3\",\"2026Q2\",\"2026Q1\",\"2025Q4\",\"2025Q3\",\"2025Q2\",\"2025Q1\",\"2024Q4\"],\"rows\":[[\"\u71df\u6536\",\"2,708\",\"2,096\",\"1,960\",\"2,159\",\"2,294\",\"2,619\",\"2,762\",\"2,947\"],[\"\u5e74\u589e\u7387\",\"+18.0%\",\"-20.0%\",\"-29.0%\",\"-26.7%\",\"-32.8%\",\"-26.1%\",\"-13.6%\",\"-8.9%\"],[\"\u5b63\u589e\u7387\",\"+29.2%\",\"+6.9%\",\"-9.2%\",\"-5.9%\",\"-12.4%\",\"-5.2%\",\"-6.3%\",\"-13.7%\"]]},{\"key\":\"half\",\"label\":\"\u534a\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026H1\",\"2025H2\",\"2025H1\",\"2024H2\",\"2024H1\",\"2023H2\"],\"rows\":[[\"\u71df\u6536\",\"4,056\",\"4,453\",\"5,380\",\"6,361\",\"6,740\",\"7,034\"],[\"\u5e74\u589e\u7387\",\"-24.6%\",\"-30.0%\",\"-20.2%\",\"-9.6%\",\"+7.9%\",\"+8.3%\"],[\"\u534a\u5e74\u589e\u7387\",\"-8.9%\",\"-17.2%\",\"-15.4%\",\"-5.6%\",\"-4.2%\",\"+12.6%\"]]},{\"key\":\"year\",\"label\":\"\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026 (1~10\u6708)\",\"2025\",\"2024\"],\"rows\":[[\"\u71df\u6536\",\"7,942\",\"9,833\",\"13,102\"],[\"\u5e74\u589e\u7387\",\"-3.9%\",\"-24.9%\",\"-1.4%\"]]}]}","ifam_income_tabs":"{\"note\":\"\u55ae\u4f4d\uff1a\u65b0\u53f0\u5e63\u767e\u842c\u5143\uff0c\u6bcf\u80a1\u76c8\u9918\u70ba\u5143\uff1b\u7a05\u5f8c\u6de8\u5229\u8207\u6de8\u5229\u7387\u63a1\u6b78\u5c6c\u6bcd\u516c\u53f8\u696d\u4e3b\u6de8\u5229\u30022026 \u5e74\u50c5\u81f3 Q2\u3002\",\"default\":2,\"tabs\":[{\"key\":\"Q4\",\"label\":\"Q4\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff0810~12\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"\uff0d\",\"2,159\",\"2,947\",\"3,235\",\"3,626\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"325\",\"447\",\"370\",\"525\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"-176\",\"29\",\"31\",\"141\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"-350\",\"-21\",\"-40\",\"105\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"-1.48\",\"-0.09\",\"-0.18\",\"0.46\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"15.0%\",\"15.2%\",\"11.4%\",\"14.5%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"-8.2%\",\"1.0%\",\"1.0%\",\"3.9%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"-16.2%\",\"-0.7%\",\"-1.2%\",\"2.9%\"]]},{\"title\":\"\u7d2f\u7a4d\uff08\u5168\u5e74\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"\uff0d\",\"9,833\",\"13,102\",\"13,283\",\"12,448\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"1,717\",\"1,796\",\"2,056\",\"1,667\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"-14\",\"249\",\"654\",\"425\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"-89\",\"26\",\"332\",\"476\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"-0.38\",\"0.11\",\"1.42\",\"2.10\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"17.5%\",\"13.7%\",\"15.5%\",\"13.4%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"-0.1%\",\"1.9%\",\"4.9%\",\"3.4%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"-0.9%\",\"0.2%\",\"2.5%\",\"3.8%\"]]}]},{\"key\":\"Q3\",\"label\":\"Q3\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff087~9\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"\uff0d\",\"2,294\",\"3,415\",\"3,800\",\"2,869\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"414\",\"442\",\"711\",\"417\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"9\",\"78\",\"325\",\"126\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"37\",\"-24\",\"195\",\"140\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"0.16\",\"-0.10\",\"0.81\",\"0.61\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"18.0%\",\"12.9%\",\"18.7%\",\"14.5%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"0.4%\",\"2.3%\",\"8.6%\",\"4.4%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"1.6%\",\"-0.7%\",\"5.1%\",\"4.9%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~9\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"\uff0d\",\"7,674\",\"10,155\",\"10,048\",\"8,822\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"1,393\",\"1,349\",\"1,686\",\"1,142\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"162\",\"219\",\"623\",\"283\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"261\",\"47\",\"372\",\"371\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"1.10\",\"0.20\",\"1.60\",\"1.64\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"18.2%\",\"13.3%\",\"16.8%\",\"12.9%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"2.1%\",\"2.2%\",\"6.2%\",\"3.2%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"3.4%\",\"0.5%\",\"3.7%\",\"4.2%\"]]}]},{\"key\":\"Q2\",\"label\":\"Q2\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff084~6\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"2,096\",\"2,619\",\"3,545\",\"3,332\",\"3,113\"],[\"\u71df\u696d\u6bdb\u5229\",\"206\",\"533\",\"453\",\"541\",\"454\"],[\"\u71df\u696d\u5229\u76ca\",\"-246\",\"127\",\"48\",\"189\",\"156\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-165\",\"67\",\"21\",\"152\",\"138\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"-0.70\",\"0.28\",\"0.09\",\"0.66\",\"0.60\"],[\"\u6bdb\u5229\u7387\",\"9.8%\",\"20.4%\",\"12.8%\",\"16.3%\",\"14.6%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"-11.7%\",\"4.9%\",\"1.4%\",\"5.7%\",\"5.0%\"],[\"\u6de8\u5229\u7387\",\"-7.9%\",\"2.5%\",\"0.6%\",\"4.6%\",\"4.4%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~6\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"4,056\",\"5,380\",\"6,740\",\"6,249\",\"5,954\"],[\"\u71df\u696d\u6bdb\u5229\",\"486\",\"979\",\"908\",\"975\",\"725\"],[\"\u71df\u696d\u5229\u76ca\",\"-351\",\"153\",\"141\",\"298\",\"158\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-304\",\"224\",\"71\",\"177\",\"232\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"-1.28\",\"0.95\",\"0.30\",\"0.77\",\"1.02\"],[\"\u6bdb\u5229\u7387\",\"12.0%\",\"18.2%\",\"13.5%\",\"15.6%\",\"12.2%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"-8.7%\",\"2.8%\",\"2.1%\",\"4.8%\",\"2.7%\"],[\"\u6de8\u5229\u7387\",\"-7.5%\",\"4.2%\",\"1.1%\",\"2.8%\",\"3.9%\"]]}]},{\"key\":\"Q1\",\"label\":\"Q1\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff081~3\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"1,960\",\"2,762\",\"3,195\",\"2,917\",\"2,840\"],[\"\u71df\u696d\u6bdb\u5229\",\"280\",\"446\",\"455\",\"434\",\"271\"],[\"\u71df\u696d\u5229\u76ca\",\"-105\",\"26\",\"93\",\"109\",\"2\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-139\",\"158\",\"50\",\"25\",\"94\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"-0.59\",\"0.66\",\"0.21\",\"0.12\",\"0.41\"],[\"\u6bdb\u5229\u7387\",\"14.3%\",\"16.2%\",\"14.2%\",\"14.9%\",\"9.5%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"-5.4%\",\"0.9%\",\"2.9%\",\"3.7%\",\"0.1%\"],[\"\u6de8\u5229\u7387\",\"-7.1%\",\"5.7%\",\"1.6%\",\"0.9%\",\"3.3%\"]]}]}]}","ifam_metrics_tabs":"{\"default\":0,\"tabs\":[{\"key\":\"quarter\",\"label\":\"\u5b63\u5ea6\",\"tables\":[{\"title\":\"\u7372\u5229\u80fd\u529b\",\"head\":[\"\",\"2026 Q2\",\"2026 Q1\",\"2025 Q4\",\"2025 Q3\",\"2025 Q2\",\"2025 Q1\",\"2024 Q4\",\"2024 Q3\"],\"rows\":[[\"\u6bdb\u5229\u7387\",\"9.8%\",\"14.3%\",\"15.0%\",\"18.0%\",\"20.4%\",\"16.2%\",\"15.2%\",\"12.9%\"],[\"\u6de8\u5229\u7387\",\"-7.9%\",\"-7.1%\",\"-16.2%\",\"1.6%\",\"2.5%\",\"5.7%\",\"-0.7%\",\"-0.7%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"5.9%\",\"8.4%\",\"9.4%\",\"11.4%\",\"14.2%\",\"12.1%\",\"12.6%\",\"12.9%\"],[\"ROCE*\",\"-11.1%\",\"-5.4%\",\"-15.8%\",\"1.9%\",\"5.4%\",\"13.6%\",\"2.1%\",\"0.5%\"]]},{\"title\":\"\u6210\u9577\u6027\",\"head\":[\"\",\"2026 Q2\",\"2026 Q1\",\"2025 Q4\",\"2025 Q3\",\"2025 Q2\",\"2025 Q1\",\"2024 Q4\",\"2024 Q3\"],\"rows\":[[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"-20.0%\",\"-29.0%\",\"-26.7%\",\"-32.8%\",\"-26.1%\",\"-13.6%\",\"-8.9%\",\"-10.1%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"-377.6%\",\"-193.1%\",\"-1037.2%\",\"+579.8%\",\"-7.1%\",\"+27.3%\",\"+230.6%\",\"-102.3%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-186.4%\",\"+161.3%\",\"+350.4%\",\"+2053.1%\",\"+1011.4%\",\"-181.5%\",\"+220.2%\",\"-104.1%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-348.2%\",\"+130.4%\",\"+1260.7%\",\"+196.0%\",\"+339.9%\",\"-312.1%\",\"+117.2%\",\"-131.1%\"]]},{\"title\":\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"head\":[\"\",\"2026 Q2\",\"2026 Q1\",\"2025 Q4\",\"2025 Q3\",\"2025 Q2\",\"2025 Q1\",\"2024 Q4\",\"2024 Q3\"],\"rows\":[[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"116.7\",\"120.8\",\"130.3\",\"144.6\",\"130.2\",\"119.4\",\"108.2\",\"84.2\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"148.8\",\"125.0\",\"117.1\",\"132.2\",\"139.5\",\"124.1\",\"113.5\",\"96.6\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"109.9\",\"78.8\",\"72.7\",\"96.6\",\"107.4\",\"97.1\",\"90.8\",\"72.5\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"155.6\",\"167.0\",\"174.7\",\"180.1\",\"162.4\",\"146.5\",\"130.9\",\"108.3\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"2.03\",\"2.90\",\"2.73\",\"2.35\",\"2.18\",\"1.62\",\"1.63\",\"2.34\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.31\",\"2.16\",\"2.09\",\"1.81\",\"1.64\",\"1.17\",\"1.21\",\"1.63\"]]}]},{\"key\":\"year\",\"label\":\"\u5e74\u5ea6\",\"tables\":[{\"title\":\"\u7372\u5229\u80fd\u529b\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u6bdb\u5229\u7387\",\"17.5%\",\"13.7%\",\"15.5%\",\"13.4%\",\"12.1%\"],[\"\u6de8\u5229\u7387\",\"-0.9%\",\"0.2%\",\"2.5%\",\"3.8%\",\"2.5%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"12.5%\",\"13.8%\",\"18.7%\",\"17.2%\",\"14.3%\"],[\"ROCE*\",\"0.3%\",\"4.4%\",\"11.0%\",\"12.6%\",\"7.8%\"]]},{\"title\":\"\u6210\u9577\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"-24.9%\",\"-1.4%\",\"+6.7%\",\"+24.0%\",\"+35.6%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"-144.8%\",\"-60.7%\",\"-13.3%\",\"+77.3%\",\"+3314.8%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+102.7%\",\"-67.1%\",\"+228.9%\",\"+289.8%\",\"-189.9%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+6804.6%\",\"-100.5%\",\"+408.4%\",\"+152.8%\",\"-469.9%\"]]},{\"title\":\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"121.7\",\"90.4\",\"76.7\",\"76.7\",\"78.9\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"114.4\",\"94.7\",\"101.5\",\"105.0\",\"96.7\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"85.9\",\"71.3\",\"61.5\",\"67.2\",\"78.1\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"150.2\",\"113.8\",\"116.7\",\"114.4\",\"97.5\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"2.73\",\"1.63\",\"2.56\",\"2.22\",\"2.20\"],[\"\u901f\u52d5\u6bd4\u7387\",\"2.09\",\"1.21\",\"1.71\",\"1.30\",\"1.27\"]]}]}]}","ifam_chips":"{\"date\":\"2026-11-12\",\"label\":\"11\/12\u7576\u65e5\",\"volume_lot\":\"21,309\",\"avg_price\":\"67.83\",\"note\":\"\u8cc7\u6599\u4f86\u6e90\uff1a\u8b49\u5238\u4ea4\u6613\u6240\u4e09\u5927\u6cd5\u4eba\u8cb7\u8ce3\u65e5\u5831\u8868\uff082026-11-12\uff09\u3002\u300c\u5916\u8cc7\u300d\u542b\u5916\u8cc7\u81ea\u71df\u5546\uff0c\u300c\u81ea\u71df\u5546\u300d\u542b\u907f\u96aa\u8207\u81ea\u884c\u8cb7\u8ce3\u3002\u5404\u6cd5\u4eba\u7684\u6210\u4ea4\u91d1\u984d\u4e26\u975e\u539f\u59cb\u63ed\u9732\u8cc7\u6599\uff0c\u8868\u4e2d\u91d1\u984d\u70ba\u8a72\u6cd5\u4eba\u5f35\u6578 \u00d7 \u7576\u65e5\u6210\u4ea4\u5747\u50f9 67.83 \u5143\u63a8\u7b97\uff1b\u7576\u65e5\u7e3d\u6210\u4ea4\u91cf 21,309 \u5f35\u3002\",\"groups\":[{\"name\":\"\u5916\u8cc7\",\"dir\":\"up\",\"streak\":\"\u90233\u8ce3\u2192\u90234\u8cb7\",\"rows\":[[\"\u5f35\u6578\",\"4,113\",\"3,670\",\"+443\"],[\"\u91d1\u984d(\u5143)\",\"2.8\u5104\",\"2.5\u5104\",\"3,008\u842c\"],[\"\u5747\u50f9(\u5143)\",\"67.83\",\"67.83\",\"67.83\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"19.3%\",\"17.2%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u6295\u4fe1\",\"dir\":\"\",\"streak\":\"\",\"rows\":[[\"\u5f35\u6578\",\"0\",\"0\",\"+0\"],[\"\u91d1\u984d(\u5143)\",\"0\u842c\",\"0\u842c\",\"0\u842c\"],[\"\u5747\u50f9(\u5143)\",\"67.83\",\"67.83\",\"67.83\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"0.0%\",\"0.0%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u81ea\u71df\u5546\",\"dir\":\"up\",\"streak\":\"\u90231\u8ce3\u2192\u90234\u8cb7\",\"rows\":[[\"\u5f35\u6578\",\"262\",\"213\",\"+49\"],[\"\u91d1\u984d(\u5143)\",\"1,779\u842c\",\"1,445\u842c\",\"335\u842c\"],[\"\u5747\u50f9(\u5143)\",\"67.83\",\"67.83\",\"67.83\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"1.2%\",\"1.0%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u4e09\u5927\u6cd5\u4eba\",\"dir\":\"up\",\"streak\":\"\u90233\u8ce3\u2192\u90234\u8cb7\",\"rows\":[[\"\u5f35\u6578\",\"4,375\",\"3,883\",\"+493\"],[\"\u91d1\u984d(\u5143)\",\"3.0\u5104\",\"2.6\u5104\",\"3,342\u842c\"],[\"\u5747\u50f9(\u5143)\",\"67.83\",\"67.83\",\"67.83\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"20.5%\",\"18.2%\",\"\u4e0d\u9069\u7528\"]]}]}","ifam_candle":"{\"date\":\"2026-11-13\",\"label\":\"11\/13\",\"today\":[],\"recent\":[{\"rule\":\"3-4\",\"name\":\"\u5012\u9318\u7dda\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u5012\u9318\u7dda\uff0c\u4f46\u7576\u65e5\u6c92\u6709\u9577\u7d05K\u8ddf\u9032\u3002\u8cb7\u65b9\u7684\u53cd\u653b\u6c92\u6709\u6210\u5f62\uff0c\u80a1\u50f9\u65b9\u5411\u4ecd\u4e0d\u660e\u6717\u3002\",\"date\":\"11\/09\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"rule\":\"3-1\",\"name\":\"\u5012\u9318\u7dda\",\"level\":\"\u9810\u8b66\",\"dir\":\"up\",\"text\":\"\u80a1\u50f9\u4e0b\u8dcc\u4e00\u6bb5\u5f8c\uff0c\u51fa\u73fe\u4e00\u6839\u4e0a\u5f71\u7dda\u5f88\u9577\u3001\u5be6\u9ad4\u5f88\u5c0f\u7684K\u7dda\u3002\u8cb7\u65b9\u76e4\u4e2d\u8a66\u8457\u53cd\u653b\uff0c\u4f46\u6536\u76e4\u6c92\u80fd\u5b88\u4f4f\uff0c\u5c6c\u65bc\u8a66\u63a2\u6027\u7684\u8a0a\u865f\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u6b62\u8dcc\u56de\u5347\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"11\/06\",\"dir_word\":\"\u504f\u591a\"},{\"rule\":\"1-3\",\"name\":\"\u591a\u982d\u6bcd\u5b50\u7dda\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u591a\u982d\u6bcd\u5b50\u7dda\uff0c\u4f46\u7576\u65e5\u6c92\u6709\u6536\u9ad8\u7684\u7d05K\u8ddf\u9032\u3002\u6b62\u8dcc\u7684\u8a0a\u865f\u6c92\u6709\u88ab\u78ba\u8a8d\uff0c\u4ecd\u5c6c\u6574\u7406\uff0c\u80a1\u50f9\u65b9\u5411\u4ecd\u4e0d\u660e\u6717\u3002\",\"date\":\"10\/22\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"rule\":\"1-1\",\"name\":\"\u591a\u982d\u6bcd\u5b50\u7dda\",\"level\":\"\u9810\u8b66\",\"dir\":\"up\",\"text\":\"\u80a1\u50f9\u4e0b\u8dcc\u4e00\u6bb5\u5f8c\uff0c\u9577\u9ed1K\u7684\u9694\u65e5\u51fa\u73fe\u4e00\u6839\u5c0fK\u7dda\uff0c\u800c\u4e14\u6c92\u6709\u518d\u8dcc\u7834\u524d\u4e00\u65e5\u7684\u4f4e\u9ede\u3002\u8ce3\u58d3\u66ab\u6642\u505c\u4e86\u4e0b\u4f86\uff0c\u4f46\u53ea\u4ee3\u8868\u8dcc\u52e2\u505c\u9813\uff0c\u65b9\u5411\u9084\u6c92\u6709\u8868\u614b\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u6b62\u8dcc\u56de\u5347\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"10\/21\",\"dir_word\":\"\u504f\u591a\"}],\"recent_days\":20,\"caption\":\"K\u7dda\u5716\u4f9d\u8a72\u5e7e\u65e5\u7684\u9084\u539f\u958b\u9ad8\u4f4e\u6536\u50f9\u7e6a\u88fd\u3002\u578b\u614b\u70ba\u6b77\u53f2\u50f9\u683c\u884c\u70ba\u7684\u63cf\u8ff0\uff0c\u4e0d\u69cb\u6210\u4efb\u4f55\u6295\u8cc7\u5efa\u8b70\u3002\",\"note\":\"K\u7dda\u578b\u614b\u8a0a\u865f\u7531\u7a0b\u5f0f\u4f9d\u6bcf\u65e5\u7684\u958b\u76e4\u3001\u6700\u9ad8\u3001\u6700\u4f4e\u3001\u6536\u76e4\u50f9\u81ea\u52d5\u8fa8\u8b58\uff0c\u300c\u4e0b\u8dcc\u4e00\u6bb5\uff0f\u4e0a\u6f32\u4e00\u6bb5\u300d\u4ee5\u578b\u614b\u51fa\u73fe\u524d 5 \u500b\u4ea4\u6613\u65e5\u7684\u9084\u539f\u6536\u76e4\u50f9\u6f32\u8dcc\u5224\u65b7\u3002\u4e0a\u8ff0\u8aaa\u660e\u7d14\u7cb9\u662f\u4f9d\u578b\u614b\u672c\u8eab\u7684\u4e00\u822c\u89e3\u8b80\u6240\u505a\u7684\u63a8\u8ad6\uff0c\u4e0d\u4ee3\u8868\u672c\u516c\u53f8\u5c0d\u8a72\u500b\u80a1\u7684\u770b\u6cd5\uff0c\u4ea6\u975e\u8cb7\u8ce3\u5efa\u8b70\uff1b\u8a0a\u865f\u6709\u53ef\u80fd\u5931\u6548\uff0c\u904e\u53bb\u51fa\u73fe\u7684\u578b\u614b\u4e0d\u4ee3\u8868\u672a\u4f86\u7684\u80a1\u50f9\u8d70\u52e2\u3002\"}","ifam_margin":"{\"date\":\"2026-11-12\",\"label\":\"11\/12\u7576\u65e5\",\"tables\":[{\"head\":[\"11\/12\u7576\u65e5\",\"\u878d\u8cc7(\u5f35)\",\"\u878d\u5238(\u5f35)\"],\"rows\":[{\"k\":\"\u8cb7\u9032\",\"v\":[\"1,152\",\"218\"]},{\"k\":\"\u8ce3\u51fa\",\"v\":[\"1,959\",\"304\"]},{\"k\":\"\u73fe\u511f\",\"v\":[\"11\",\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"-818\",\"+86\"],\"t\":[\"down\",\"up\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"9,250\",\"536\"]},{\"k\":\"\u4f7f\u7528\u7387\",\"v\":[\"17.2%\",\"1.0%\"]},{\"k\":\"\u9023\u589e\u9023\u6e1b\",\"v\":[\"\u90232\u589e\u2192\u6e1b\",\"\u90232\u6e1b\u2192\u90234\u589e\"],\"t\":[\"down\",\"up\"]},{\"k\":\"\u8cc7\u5238\u4e92\u62b5\",\"v\":[\"\",\"41\"]},{\"k\":\"\u8cc7\u5238\u7576\u6c96\",\"v\":[\"\",\"0.2%\"]},{\"k\":\"\u5238\u8cc7\u6bd4\",\"v\":[\"\",\"5.8%\"]}]},{\"head\":[\"11\/12\u7576\u65e5\",\"\u501f\u5238\u8ce3\u51fa(\u5f35)\"],\"rows\":[{\"k\":\"\u8ce3\u51fa\",\"v\":[\"159\"]},{\"k\":\"\u9084\u5238\",\"v\":[\"47\"]},{\"k\":\"\u8abf\u6574\",\"v\":[\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"+112\"],\"t\":[\"up\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"3,833\"]},{\"k\":\"\u6b21\u65e5\u9650\u984d\",\"v\":[\"223\"]}]}],\"note\":\"\u8cc7\u6599\u4f86\u6e90\uff1a\u8b49\u5238\u4ea4\u6613\u6240\u3001\u6ac3\u8cb7\u4e2d\u5fc3\u4fe1\u7528\u4ea4\u6613\u8207\u501f\u5238\u8ce3\u51fa\u9918\u984d\u7d71\u8a08\uff082026-11-12\uff09\u3002\u878d\u5238\u6b04\u7684\u300c\u8cb7\u9032\u300d\u70ba\u878d\u5238\u56de\u88dc\u3001\u300c\u73fe\u511f\u300d\u70ba\u73fe\u5238\u511f\u9084\u3002\u4f7f\u7528\u7387\uff1d\u9918\u984d \u00f7 \u878d\u8cc7\uff08\u878d\u5238\uff09\u9650\u984d\uff1b\u8cc7\u5238\u7576\u6c96\uff1d\u8cc7\u5238\u4e92\u62b5\u5f35\u6578 \u00f7 \u7576\u65e5\u6210\u4ea4\u91cf\uff1b\u5238\u8cc7\u6bd4\uff1d\u878d\u5238\u9918\u984d \u00f7 \u878d\u8cc7\u9918\u984d\u3002\"}","ifam_financials":"[{\"title\":\"\u57fa\u790e\u8ca1\u52d9\u8cc7\u8a0a\uff0d\u9810\u4f30\",\"header\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2024 (A)\",\"2025 (A)\",\"2026 (E)\",\"2027 (F)\",\"2028 (F)\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"13,102\",\"9,833\",\"\",\"\",\"\"],[\"\u71df\u696d\u6bdb\u5229\",\"1,796\",\"1,717\",\"\",\"\",\"\"],[\"\u71df\u696d\u5229\u76ca\",\"249\",\"-14\",\"\",\"\",\"\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"26\",\"-89\",\"\",\"\",\"\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"0.11\",\"-0.38\",\"\",\"\",\"\"],[\"\u6bdb\u5229\u7387\",\"13.7%\",\"17.5%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u7387\",\"0.2%\",\"-0.9%\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u589e\u7387 (YoY,%)\",\"-1.4%\",\"-24.9%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u5e74\u589e\u7387 (YoY,%)\",\"-92.1%\",\"-437.6%\",\"\",\"\",\"\"]],\"notes\":[\"\u8a3b\uff1a\u7a05\u5f8c\u6de8\u5229\uff0f\u6de8\u5229\u7387\u63a1\u300c\u6b78\u5c6c\u6bcd\u516c\u53f8\u696d\u4e3b\u6de8\u5229\u300d\u3002\"]},{\"title\":\"\u57fa\u790e\u8ca1\u52d9\u8cc7\u8a0a\uff0d\u904e\u53bb\u4e94\u5b63\",\"header\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2025 Q2\",\"2025 Q3\",\"2025 Q4\",\"2026 Q1\",\"2026 Q2\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"2,619\",\"2,294\",\"2,159\",\"1,960\",\"2,096\"],[\"\u71df\u696d\u6bdb\u5229\",\"533\",\"414\",\"325\",\"280\",\"206\"],[\"\u71df\u696d\u5229\u76ca\",\"127\",\"9\",\"-176\",\"-105\",\"-246\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"67\",\"37\",\"-350\",\"-139\",\"-165\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"0.28\",\"0.16\",\"-1.49\",\"-0.59\",\"-0.70\"]],\"notes\":[]},{\"title\":\"\u95dc\u9375\u8ca1\u52d9\u6307\u6a19\",\"header\":[\"\",\"2025 Q2\",\"2025 Q3\",\"2025 Q4\",\"2026 Q1\",\"2026 Q2\"],\"rows\":[[\"\u7372\u5229\u80fd\u529b\",\"\",\"\",\"\",\"\",\"\"],[\"\u6bdb\u5229\u7387\",\"20.4%\",\"18.0%\",\"15.0%\",\"14.3%\",\"9.8%\"],[\"\u6de8\u5229\u7387\",\"2.5%\",\"1.6%\",\"-16.2%\",\"-7.1%\",\"-7.9%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"14.2%\",\"11.4%\",\"9.4%\",\"8.4%\",\"5.9%\"],[\"ROCE*\",\"5.4%\",\"1.9%\",\"-15.8%\",\"-5.4%\",\"-11.1%\"],[\"\u6210\u9577\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"-26.1%\",\"-32.8%\",\"-26.7%\",\"-29.0%\",\"-20.0%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"-7.1%\",\"+579.8%\",\"-1037.2%\",\"-193.1%\",\"-377.6%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+1011.4%\",\"+2053.1%\",\"+350.4%\",\"+161.3%\",\"-186.4%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+339.9%\",\"+196.0%\",\"+1260.7%\",\"+130.4%\",\"-348.2%\"],[\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"130.2\",\"144.6\",\"130.3\",\"120.8\",\"116.7\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"139.5\",\"132.2\",\"117.1\",\"125.0\",\"148.8\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"107.4\",\"96.6\",\"72.7\",\"78.8\",\"109.9\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"162.4\",\"180.1\",\"174.7\",\"167.0\",\"155.6\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"2.18\",\"2.35\",\"2.73\",\"2.90\",\"2.03\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.64\",\"1.81\",\"2.09\",\"2.16\",\"1.31\"]],\"notes\":[]}]","ifam_fin_note":"<p>2026 \u5e74\u4e0a\u534a\u5e74\u5408\u4f75\u71df\u6536 40.56 \u5104\u5143\u3001\u5e74\u6e1b 24.6%\uff0c\u6bdb\u5229\u7387 12.0%\uff08\u53bb\u5e74\u540c\u671f 18.2%\uff09\u3001\u71df\u696d\u640d\u5931 3.51 \u5104\u5143\uff08\u53bb\u5e74\u540c\u671f\u71df\u696d\u5229\u76ca 1.53 \u5104\u5143\uff09\u3001\u6bcf\u80a1\u8667\u640d 1.28 \u5143\uff08\u53bb\u5e74\u540c\u671f\u6bcf\u80a1\u76c8\u9918 0.95 \u5143\uff09\u3002<\/p>\n<p><strong>\u71df\u6536\u4e0b\u6ed1\u3001\u672c\u696d\u8f49\u8667\u3002<\/strong> 3CEMS \u6536\u5165\u5e74\u6e1b 26.0%\u3002<\/p>\n<p><strong>\u696d\u5916\u65b9\u9762<\/strong>\uff0c\u71df\u696d\u5916\u6536\u5165\u53ca\u652f\u51fa\u7531 \uff0b2.01 \u5104\u5143\u8f49\u70ba \u22120.80 \u5104\u5143\uff1b\u5916\u5e63\u514c\u63db\u640d\u5931\u7531 0.49 \u5104\u5143\u589e\u81f3 1.41 \u5104\u5143\u3002<\/p>\n<p><strong>\u9010\u5b63\u89c0\u5bdf\u3002<\/strong> 2025 \u5e74\u7b2c 2 \u5b63\u71df\u6536 26.19 \u5104\u5143\u3001\u6bdb\u5229\u7387 20.4%\u3001\u6bcf\u80a1\u76c8\u9918 0.28 \u5143\uff1b\u7b2c 3 \u5b63\u71df\u6536 22.94 \u5104\u5143\u3001\u6bdb\u5229\u7387 18.0%\u3001\u6bcf\u80a1\u76c8\u9918 0.16 \u5143\uff1b\u7b2c 4 \u5b63\u71df\u6536 21.59 \u5104\u5143\u3001\u6bdb\u5229\u7387 15.0%\uff1b2026 \u5e74\u7b2c 1 \u5b63\u71df\u6536 19.60 \u5104\u5143\u3001\u6bdb\u5229\u7387 14.3%\u3001\u6bcf\u80a1\u8667\u640d 0.59 \u5143\uff1b\u7b2c 2 \u5b63\u71df\u6536 20.96 \u5104\u5143\u3001\u6bdb\u5229\u7387 9.8%\u3001\u6bcf\u80a1\u8667\u640d 0.70 \u5143\u3002<\/p>\n<p><strong>\u7b2c 3 \u5b63\u71df\u6536\u56de\u5347\u3002<\/strong> 2026 \u5e74\u524d 9 \u500b\u6708\u7d2f\u8a08\u71df\u6536 67.52 \u5104\u5143\u3001\u5e74\u6e1b 11.8%\uff1b\u7b2c 3 \u5b63\u55ae\u5b63 26.96 \u5104\u5143\uff08\u5e74\u589e 17.5%\uff09\uff0c7 \u6708\u81f3 9 \u6708\u55ae\u6708\u5e74\u589e\u7387\u70ba +6.7%\u3001+6.5%\u3001+49.3%\u3002<\/p>\n<p>\u8a3b\uff1a\u57fa\u672c\u8207\u7a00\u91cb\u6bcf\u80a1\u76c8\u9918\u591a\u6578\u76f8\u540c\uff0c\u8868\u5217\u70ba\u7a00\u91cb\u3002\u7a05\u5f8c\u6de8\u5229\u63a1\u6b78\u5c6c\u6bcd\u516c\u53f8\u696d\u4e3b\u6de8\u5229\u3002<\/p>\n","ifam_metrics_note":"","ifam_price":"{\"symbol\":\"3701\",\"name\":\"\u5927\u773e\u63a7\",\"updated\":\"2026-11-13\",\"source\":\"\u516c\u53f8\u8cc7\u6599\u5eab stock_clean.taiwan_stock_ta_indicators\uff1a\u8d70\u52e2\u5716\u7528 adj_close\uff08\u9084\u539f\u80a1\u50f9\uff09\uff0c\u50f9\u91cf\u5361\u7528\u7576\u65e5\u672a\u9084\u539f\u7684\u6536\u76e4\uff0f\u958b\u9ad8\u4f4e\u8207\u6210\u4ea4\u91cf\",\"latest\":{\"date\":\"2026-11-13\",\"close\":68.5,\"open\":75.9,\"high\":76.4,\"low\":67.3,\"prev_close\":69.5,\"change\":-1,\"change_pct\":-1.44,\"range\":9.1,\"amount\":\"27.67 \u5104\u5143\",\"volume\":38427,\"avg_volume_3m\":4787,\"market_cap\":\"162.1 \u5104\u5143\",\"shares\":\"2.37 \u5104\u80a1\"},\"annual\":[{\"year\":2026,\"pct\":25.92,\"ytd\":true},{\"year\":2025,\"pct\":36.18},{\"year\":2024,\"pct\":-31.1},{\"year\":2023,\"pct\":60.5},{\"year\":2022,\"pct\":-50.99},{\"year\":2021,\"pct\":450.55},{\"year\":2020,\"pct\":-1.79},{\"year\":2019,\"pct\":11.55},{\"year\":2018,\"pct\":-12.11},{\"year\":2017,\"pct\":2.59}],\"series\":[[\"2025-11-13\",33.2],[\"2025-11-14\",32.4],[\"2025-11-17\",32.2],[\"2025-11-18\",31.1],[\"2025-11-19\",30.3],[\"2025-11-20\",30.1],[\"2025-11-21\",29.6],[\"2025-11-24\",29.4],[\"2025-11-25\",30.35],[\"2025-11-26\",31.05],[\"2025-11-27\",31.3],[\"2025-11-28\",31.9],[\"2025-12-01\",30.85],[\"2025-12-02\",30.9],[\"2025-12-03\",31.3],[\"2025-12-04\",31.55],[\"2025-12-05\",30.8],[\"2025-12-08\",31],[\"2025-12-09\",30.8],[\"2025-12-10\",31.25],[\"2025-12-11\",34.35],[\"2025-12-12\",37.75],[\"2025-12-15\",38.55],[\"2025-12-16\",38.5],[\"2025-12-17\",39.5],[\"2025-12-18\",35.9],[\"2025-12-19\",36.65],[\"2025-12-22\",40.3],[\"2025-12-23\",44.3],[\"2025-12-24\",48.7],[\"2025-12-26\",52.3],[\"2025-12-29\",49.05],[\"2025-12-30\",53.6],[\"2025-12-31\",54.4],[\"2026-01-02\",52],[\"2026-01-05\",50],[\"2026-01-06\",49.35],[\"2026-01-07\",50.5],[\"2026-01-08\",50.6],[\"2026-01-09\",51],[\"2026-01-12\",55.9],[\"2026-01-13\",52.5],[\"2026-01-14\",57.4],[\"2026-01-15\",58],[\"2026-01-16\",56.6],[\"2026-01-19\",55],[\"2026-01-20\",58],[\"2026-01-21\",56.4],[\"2026-01-22\",56],[\"2026-01-23\",52.1],[\"2026-01-26\",52.3],[\"2026-01-27\",51.6],[\"2026-01-28\",53.7],[\"2026-01-29\",56.8],[\"2026-01-30\",55.6],[\"2026-02-02\",54],[\"2026-02-03\",57.2],[\"2026-02-04\",56.5],[\"2026-02-05\",53.5],[\"2026-02-06\",49.05],[\"2026-02-09\",50.1],[\"2026-02-10\",49.75],[\"2026-02-11\",47.2],[\"2026-02-23\",51.9],[\"2026-02-24\",57],[\"2026-02-25\",59.5],[\"2026-02-26\",58.9],[\"2026-03-02\",64.7],[\"2026-03-03\",71.1],[\"2026-03-04\",64],[\"2026-03-05\",61],[\"2026-03-06\",58.3],[\"2026-03-09\",52.5],[\"2026-03-10\",53.8],[\"2026-03-11\",59.1],[\"2026-03-12\",57],[\"2026-03-13\",62.7],[\"2026-03-16\",64.8],[\"2026-03-17\",66.2],[\"2026-03-18\",65.2],[\"2026-03-19\",66],[\"2026-03-20\",65.8],[\"2026-03-23\",59.4],[\"2026-03-24\",56.3],[\"2026-03-25\",60],[\"2026-03-26\",58],[\"2026-03-27\",62],[\"2026-03-30\",59.7],[\"2026-03-31\",55.7],[\"2026-04-01\",56.5],[\"2026-04-02\",53.3],[\"2026-04-07\",53.7],[\"2026-04-08\",56.4],[\"2026-04-09\",54.6],[\"2026-04-10\",56.1],[\"2026-04-13\",57],[\"2026-04-14\",62],[\"2026-04-15\",64.3],[\"2026-04-16\",63.4],[\"2026-04-17\",65.9],[\"2026-04-20\",67.2],[\"2026-04-21\",71.5],[\"2026-04-22\",78.6],[\"2026-04-23\",70.9],[\"2026-04-24\",65.4],[\"2026-04-27\",64.1],[\"2026-04-28\",67.2],[\"2026-04-29\",68.7],[\"2026-04-30\",65.8],[\"2026-05-04\",66.6],[\"2026-05-05\",67.3],[\"2026-05-06\",64.5],[\"2026-05-07\",62.6],[\"2026-05-08\",60.9],[\"2026-05-11\",62.9],[\"2026-05-12\",62.6],[\"2026-05-13\",59],[\"2026-05-14\",56.8],[\"2026-05-15\",55.6],[\"2026-05-18\",55.5],[\"2026-05-19\",54.7],[\"2026-05-20\",51.4],[\"2026-05-21\",54.8],[\"2026-05-22\",57],[\"2026-05-25\",57.6],[\"2026-05-26\",57.1],[\"2026-05-27\",55.7],[\"2026-05-28\",52.6],[\"2026-05-29\",53.8],[\"2026-06-01\",55.7],[\"2026-06-02\",56.6],[\"2026-06-03\",58.3],[\"2026-06-04\",58.5],[\"2026-06-05\",56],[\"2026-06-08\",51.6],[\"2026-06-09\",52.1],[\"2026-06-10\",48.1],[\"2026-06-11\",47.7],[\"2026-06-12\",47.9],[\"2026-06-15\",48.75],[\"2026-06-16\",47.85],[\"2026-06-17\",47.45],[\"2026-06-18\",48.45],[\"2026-06-22\",48.35],[\"2026-06-23\",47.55],[\"2026-06-24\",47.7],[\"2026-06-25\",46.7],[\"2026-06-26\",43.5],[\"2026-06-29\",44.1],[\"2026-06-30\",44.75],[\"2026-07-01\",43.6],[\"2026-07-02\",43],[\"2026-07-03\",45.45],[\"2026-07-06\",44.8],[\"2026-07-07\",42.6],[\"2026-07-08\",42.3],[\"2026-07-09\",41.65],[\"2026-07-13\",40.65],[\"2026-07-14\",41.5],[\"2026-07-15\",42.65],[\"2026-07-16\",41.2],[\"2026-07-17\",39.2],[\"2026-07-20\",37.95],[\"2026-07-21\",39.5],[\"2026-07-22\",39.75],[\"2026-07-23\",40.2],[\"2026-07-24\",39.3],[\"2026-07-27\",40.1],[\"2026-07-28\",38.6],[\"2026-07-29\",35.1],[\"2026-07-30\",33.5],[\"2026-07-31\",36],[\"2026-08-03\",36.25],[\"2026-08-04\",39.1],[\"2026-08-05\",42.9],[\"2026-08-06\",43.5],[\"2026-08-07\",42.55],[\"2026-08-10\",41.15],[\"2026-08-11\",41.2],[\"2026-08-12\",41.5],[\"2026-08-13\",40.9],[\"2026-08-14\",40.35],[\"2026-08-17\",41.05],[\"2026-08-18\",39.35],[\"2026-08-19\",39.25],[\"2026-08-20\",40.15],[\"2026-08-21\",40.75],[\"2026-08-24\",39.8],[\"2026-08-25\",40.75],[\"2026-08-26\",41.45],[\"2026-08-27\",41.9],[\"2026-08-28\",41.05],[\"2026-08-31\",40.9],[\"2026-09-01\",41.05],[\"2026-09-02\",43.25],[\"2026-09-03\",40.45],[\"2026-09-04\",41.95],[\"2026-09-07\",41],[\"2026-09-08\",40.6],[\"2026-09-09\",42],[\"2026-09-10\",41.1],[\"2026-09-11\",39.9],[\"2026-09-14\",39.8],[\"2026-09-15\",38.8],[\"2026-09-16\",40],[\"2026-09-17\",41.25],[\"2026-09-18\",41.1],[\"2026-09-21\",42.7],[\"2026-09-22\",41.6],[\"2026-09-23\",41.25],[\"2026-09-24\",41.25],[\"2026-09-29\",41.75],[\"2026-09-30\",45.9],[\"2026-10-01\",50.4],[\"2026-10-02\",55.4],[\"2026-10-05\",60.9],[\"2026-10-06\",59.3],[\"2026-10-07\",61.1],[\"2026-10-08\",63],[\"2026-10-12\",62.1],[\"2026-10-13\",60.8],[\"2026-10-14\",64],[\"2026-10-15\",60.1],[\"2026-10-16\",66.1],[\"2026-10-19\",63.2],[\"2026-10-20\",58.4],[\"2026-10-21\",59],[\"2026-10-22\",54.5],[\"2026-10-27\",52.3],[\"2026-10-28\",57.5],[\"2026-10-29\",56.5],[\"2026-10-30\",51.7],[\"2026-11-02\",54],[\"2026-11-03\",51.2],[\"2026-11-04\",56.3],[\"2026-11-05\",52.4],[\"2026-11-06\",47.6],[\"2026-11-09\",52.3],[\"2026-11-10\",57.5],[\"2026-11-11\",63.2],[\"2026-11-12\",69.5],[\"2026-11-13\",68.5]]}","ifam_pe_river":"","ifam_strategy_ytd":"{\"as_of\":\"2026-11-12\",\"bench\":51.19,\"rows\":{\"value:30\":84.04,\"value:15\":78.49,\"garp:30\":98.07,\"garp:15\":86.6,\"momentum:15\":104.91}}","ifam_growth":"","ifam_val_profit":"<p>\u4ee5\u4e0b\u4f9d\u516c\u53f8\u5df2\u516c\u5e03\u7684\u8ca1\u5831\u8207\u6708\u71df\u6536\uff0c\u8aaa\u660e\u5927\u773e\u63a7\uff083701\uff09\u7684\u7372\u5229\u8ecc\u8de1\u3002<\/p>\n<p><strong>\u8fd1\u4e09\u5e74\u7372\u5229\u8f49\u5f31\u3002<\/strong> \u6bcf\u80a1\u76c8\u9918 2023 \u5e74 1.42 \u5143\u30012024 \u5e74 0.11 \u5143\uff0c2025 \u5e74\u6bcf\u80a1\u8667\u640d 0.38 \u5143\uff08\u7a00\u91cb\uff09\uff1b\u71df\u696d\u5229\u76ca 6.54 \u2192 2.49 \u2192 -0.14 \u5104\u5143\u3002<\/p>\n<p><strong>2026 \u5e74\u4e0a\u534a\u5e74\u8667\u640d\u64f4\u5927\u3002<\/strong> \u5408\u4f75\u71df\u6536 40.56 \u5104\u5143\u3001\u5e74\u6e1b 24.6%\uff1b\u6bcf\u80a1\u8667\u640d 1.28 \u5143\uff08\u53bb\u5e74\u540c\u671f\u6bcf\u80a1\u76c8\u9918 0.95 \u5143\uff09\uff0c\u7b2c 1 \u5b63 0.59 \u5143\u3001\u7b2c 2 \u5b63 0.70 \u5143\u3002<\/p>\n<p><strong>\u7b2c 3 \u5b63\u71df\u6536\u56de\u5347\u3002<\/strong> 2026 \u5e74\u524d 9 \u500b\u6708\u7d2f\u8a08\u71df\u6536 67.52 \u5104\u5143\u3001\u5e74\u6e1b 11.8%\uff1b\u7b2c 3 \u5b63\u55ae\u5b63 26.96 \u5104\u5143\uff08\u5e74\u589e 17.5%\uff09\uff0c7 \u6708\u81f3 9 \u6708\u55ae\u6708\u5e74\u589e\u7387\u70ba +6.7%\u3001+6.5%\u3001+49.3%\u3002<\/p>\n<p><strong>\u5f8c\u7e8c\u7684\u9a57\u8b49\u9ede\u70ba 3CEMS \u7684\u640d\u76ca\u3002<\/strong> 9 \u6708\u55ae\u6708\u71df\u6536\u5e74\u589e 49.3%\uff1b\u7b2c 3 \u5b63\u71df\u6536\u56de\u5347\u5f8c\uff0c3CEMS \u90e8\u9580\u8207\u6bdb\u5229\u7387\u80fd\u5426\u6539\u5584\uff0c\u662f\u5224\u65b7\u8667\u640d\u6536\u6582\u7684\u4f9d\u64da\u3002<\/p>\n","ifam_val_multiple":"","ifam_strategy_on":"","ifam_trades":"","ifam_valuation":"{\"matrix\":{\"corner\":\"\",\"title\":\"\",\"note\":\"\",\"columns\":[{\"order\":1,\"year\":\"2025(A)\",\"eps\":-0.4,\"label\":\"2025(A)\uff1a-0.4 \u5143\"}],\"rows\":[{\"order\":1,\"pe\":68.5,\"peLabel\":\"68 \u5143\",\"desc\":\"2026-11-13\",\"cells\":[{\"order\":1,\"price\":null,\"text\":\"\u8667\u640d\",\"hl\":false}]}]}}","ifam_val_range":"<p>\u76ee\u524d\u5927\u773e\u63a7\u80a1\u50f9\u7d04\u5728 50\u201370 \u5143\uff082026\/11\/13 \u6536\u76e4\u50f9 68 \u5143\uff09\u30022025 \u5e74\u6bcf\u80a1\u8667\u640d 0.38 \u5143\uff0c\u7121\u6cd5\u8a08\u7b97\u672c\u76ca\u6bd4\u3002\u8a3b\uff1a\u516c\u53f8\u8655\u65bc\u8667\u640d\uff0c\u672c\u76ca\u6bd4\u4e0d\u9069\u7528\uff1b2026 \u5e74\u4e0a\u534a\u5e74\u6bcf\u80a1\u8667\u640d 1.28 \u5143\uff08\u53bb\u5e74\u540c\u671f\u6bcf\u80a1\u76c8\u9918 0.95 \u5143\uff09\u30022026 \u5e74\u524d 9 \u500b\u6708\u7d2f\u8a08\u71df\u6536\u5e74\u6e1b 11.8%\u3002<\/p>\n","footnotes":""},"categories":[8],"tags":[],"ifam_industry":[11],"ifam_strategy":[],"class_list":["post-1139","post","type-post","status-publish","format-standard","hentry","category-stock","ifam_industry-computer-peripherals"],"_links":{"self":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/1139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/comments?post=1139"}],"version-history":[{"count":1,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/1139\/revisions"}],"predecessor-version":[{"id":1771,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/1139\/revisions\/1771"}],"wp:attachment":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/media?parent=1139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/categories?post=1139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/tags?post=1139"},{"taxonomy":"ifam_industry","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_industry?post=1139"},{"taxonomy":"ifam_strategy","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_strategy?post=1139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}