{"id":1144,"date":"2026-11-06T09:18:33","date_gmt":"2026-11-06T01:18:33","guid":{"rendered":"https:\/\/ifa.ai\/research\/1905tt\/"},"modified":"2026-11-13T22:05:48","modified_gmt":"2026-11-13T14:05:48","slug":"1905tt","status":"publish","type":"post","link":"https:\/\/ifa.ai\/research\/1905tt\/","title":{"rendered":"[\u83ef\u7d19 (1905)] \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\u83ef\u7d19"},"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":"1905","ifam_company":"\u83ef\u7d19","ifam_market":"\u53f0\u80a1","ifam_updated_at":"","ifam_business":"<p><strong>\u4e2d\u83ef\u7d19\u6f3f\uff08\u83ef\u7d19\uff0c1905\uff09\u7684\u71df\u6536\u4f86\u81ea\u7d19\u6f3f\u53ca\u7d19\u54c1\uff1a\u5f9e\u4e8b\u7d19\u6f3f\u53ca\u7d19\u7684\u751f\u7522\u53ca\u8cb7\u8ce3\uff0c\u4e26\u6709\u5316\u5de5\u539f\u6599\u8207\u6797\u696d\uff1b\u6bcd\u516c\u53f8\u6c38\u8c50\u9918\u6295\u8cc7\u63a7\u80a1\u53ca\u5176\u5b50\u516c\u53f8\u6301\u80a1 57.7%\u3002<\/strong> \u516c\u53f8 1968 \u5e74 7 \u6708\u8a2d\u7acb\u30011975 \u5e74 2 \u6708\u4e0a\u5e02\uff0c\u7522\u696d\u985e\u5225\u70ba\u9020\u7d19\u5de5\u696d\uff0c\u5be6\u6536\u8cc7\u672c\u984d 110.28 \u5104\u5143\u3002<\/p>\n<p><strong>\u71df\u6536\u96c6\u4e2d\u65bc\u7d19\u6f3f\u53ca\u7d19\u54c1\u3002<\/strong> 2026 \u5e74\u4e0a\u534a\u5e74\u5408\u4f75\u71df\u6536 90.81 \u5104\u5143\u4e2d\uff0c\u7d19\u6f3f\u53ca\u7d19\u54c1\u90e8\u9580\u5360 96.3%\u3001\u5176\u4ed6\u90e8\u9580 3.3%\u3001\u6797\u696d 0.5%\u30022025 \u5e74\u4f9d\u71df\u904b\u5730\u9ede\uff0c\u81fa\u7063\u5360 76.2%\u3001\u5927\u9678 23.8%\u3002<\/p>\n<p><strong>\u26a0 \u8a55\u4f30\u672c\u6a94\u6642\u61c9\u512a\u5148\u7559\u610f\u7684\u662f\u4f4e\u6bdb\u5229\u7387\u4e0b\u7684\u6301\u7e8c\u8667\u640d\u3002<\/strong> \u6bdb\u5229\u7387\u7531 2024 \u5e74\u7684 7.4% \u964d\u81f3 2025 \u5e74\u7684 2.7%\uff0c2026 \u5e74\u7b2c 2 \u5b63 0.9%\uff1b2023 \u5e74\u81f3 2025 \u5e74\u6bcf\u80a1\u8667\u640d\u5206\u5225\u70ba 0.53\u30010.23\u30010.56 \u5143\u3002<\/p>\n<p><strong>\u8fd1\u4e09\u5e74\u7684\u898f\u6a21<\/strong>\uff1a\u71df\u6536 209.55 \u2192 207.68 \u2192 187.67 \u5104\u5143\uff1b\u71df\u696d\u640d\u5931 8.59 \u2192 5.51 \u2192 15.29 \u5104\u5143\u3002<\/p>\n","ifam_revenue":"","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\",\"15,118\",\"15,617\",\"17,286\"],[\"12\u6708\",\"\uff0d\",\"1,665\",\"1,847\"],[\"11\u6708\",\"\uff0d\",\"1,485\",\"1,635\"],[\"10\u6708\",\"1,479\",\"1,523\",\"1,587\"],[\"9\u6708\",\"1,520\",\"1,535\",\"1,552\"],[\"8\u6708\",\"1,519\",\"1,494\",\"1,776\"],[\"7\u6708\",\"1,520\",\"1,498\",\"1,681\"],[\"6\u6708\",\"1,517\",\"1,524\",\"1,725\"],[\"5\u6708\",\"1,584\",\"1,537\",\"1,879\"],[\"4\u6708\",\"1,585\",\"1,676\",\"1,803\"],[\"3\u6708\",\"1,837\",\"1,762\",\"1,981\"],[\"2\u6708\",\"1,011\",\"1,568\",\"1,423\"],[\"1\u6708\",\"1,546\",\"1,500\",\"1,878\"]]},{\"key\":\"quarter\",\"label\":\"\u5b63\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026Q3\",\"2026Q2\",\"2026Q1\",\"2025Q4\",\"2025Q3\",\"2025Q2\",\"2025Q1\",\"2024Q4\"],\"rows\":[[\"\u71df\u6536\",\"4,559\",\"4,686\",\"4,394\",\"4,673\",\"4,527\",\"4,737\",\"4,830\",\"5,057\"],[\"\u5e74\u589e\u7387\",\"+0.7%\",\"-1.1%\",\"-9.0%\",\"-7.6%\",\"-9.8%\",\"-12.4%\",\"-8.6%\",\"-7.3%\"],[\"\u5b63\u589e\u7387\",\"-2.7%\",\"+6.6%\",\"-6.0%\",\"+3.2%\",\"-4.4%\",\"-1.9%\",\"-4.5%\",\"+0.7%\"]]},{\"key\":\"half\",\"label\":\"\u534a\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026H1\",\"2025H2\",\"2025H1\",\"2024H2\",\"2024H1\",\"2023H2\"],\"rows\":[[\"\u71df\u6536\",\"9,081\",\"9,200\",\"9,567\",\"10,078\",\"10,689\",\"10,439\"],[\"\u5e74\u589e\u7387\",\"-5.1%\",\"-8.7%\",\"-10.5%\",\"-3.5%\",\"+1.6%\",\"-12.3%\"],[\"\u534a\u5e74\u589e\u7387\",\"-1.3%\",\"-3.8%\",\"-5.1%\",\"-5.7%\",\"+2.4%\",\"-0.7%\"]]},{\"key\":\"year\",\"label\":\"\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026 (1~10\u6708)\",\"2025\",\"2024\"],\"rows\":[[\"\u71df\u6536\",\"15,118\",\"18,767\",\"20,768\"],[\"\u5e74\u589e\u7387\",\"-3.2%\",\"-9.6%\",\"-0.9%\"]]}]}","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\",\"4,673\",\"5,057\",\"5,458\",\"5,739\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"204\",\"237\",\"548\",\"542\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"-280\",\"-274\",\"47\",\"98\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"321\",\"-187\",\"155\",\"55\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"0.29\",\"-0.17\",\"0.14\",\"0.05\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"4.4%\",\"4.7%\",\"10.0%\",\"9.4%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"-6.0%\",\"-5.4%\",\"0.9%\",\"1.7%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"6.9%\",\"-3.7%\",\"2.8%\",\"1.0%\"]]},{\"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\",\"18,767\",\"20,768\",\"20,955\",\"23,651\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"503\",\"1,545\",\"1,090\",\"2,552\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"-1,529\",\"-551\",\"-859\",\"241\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"-613\",\"-252\",\"-573\",\"446\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"-0.56\",\"-0.23\",\"-0.53\",\"0.41\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"2.7%\",\"7.4%\",\"5.2%\",\"10.8%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"-8.1%\",\"-2.7%\",\"-4.1%\",\"1.0%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"-3.3%\",\"-1.2%\",\"-2.7%\",\"1.9%\"]]}]},{\"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\",\"4,527\",\"5,021\",\"4,980\",\"6,163\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"-87\",\"505\",\"132\",\"734\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"-540\",\"-33\",\"-358\",\"112\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"-311\",\"72\",\"-182\",\"287\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"-0.28\",\"0.07\",\"-0.17\",\"0.26\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"-1.9%\",\"10.1%\",\"2.7%\",\"11.9%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"-11.9%\",\"-0.7%\",\"-7.2%\",\"1.8%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"-6.9%\",\"1.4%\",\"-3.7%\",\"4.7%\"]]},{\"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\",\"14,094\",\"15,711\",\"15,497\",\"17,912\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"299\",\"1,308\",\"542\",\"2,010\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"-1,248\",\"-277\",\"-906\",\"142\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"-933\",\"-65\",\"-728\",\"391\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"-0.85\",\"-0.06\",\"-0.67\",\"0.36\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"2.1%\",\"8.3%\",\"3.5%\",\"11.2%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"-8.9%\",\"-1.8%\",\"-5.8%\",\"0.8%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"-6.6%\",\"-0.4%\",\"-4.7%\",\"2.2%\"]]}]},{\"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\",\"4,686\",\"4,737\",\"5,407\",\"5,052\",\"6,222\"],[\"\u71df\u696d\u6bdb\u5229\",\"41\",\"234\",\"265\",\"83\",\"822\"],[\"\u71df\u696d\u5229\u76ca\",\"-467\",\"-249\",\"-259\",\"-404\",\"177\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-402\",\"-280\",\"-184\",\"-376\",\"161\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"-0.36\",\"-0.26\",\"-0.17\",\"-0.35\",\"0.15\"],[\"\u6bdb\u5229\u7387\",\"0.9%\",\"4.9%\",\"4.9%\",\"1.6%\",\"13.2%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"-10.0%\",\"-5.3%\",\"-4.8%\",\"-8.0%\",\"2.8%\"],[\"\u6de8\u5229\u7387\",\"-8.6%\",\"-5.9%\",\"-3.4%\",\"-7.4%\",\"2.6%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~6\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"9,081\",\"9,567\",\"10,689\",\"10,517\",\"11,749\"],[\"\u71df\u696d\u6bdb\u5229\",\"271\",\"386\",\"803\",\"409\",\"1,276\"],[\"\u71df\u696d\u5229\u76ca\",\"-682\",\"-708\",\"-244\",\"-548\",\"30\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-579\",\"-622\",\"-138\",\"-546\",\"103\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"-0.52\",\"-0.57\",\"-0.13\",\"-0.50\",\"0.10\"],[\"\u6bdb\u5229\u7387\",\"3.0%\",\"4.0%\",\"7.5%\",\"3.9%\",\"10.9%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"-7.5%\",\"-7.4%\",\"-2.3%\",\"-5.2%\",\"0.3%\"],[\"\u6de8\u5229\u7387\",\"-6.4%\",\"-6.5%\",\"-1.3%\",\"-5.2%\",\"0.9%\"]]}]},{\"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\",\"4,394\",\"4,830\",\"5,283\",\"5,465\",\"5,527\"],[\"\u71df\u696d\u6bdb\u5229\",\"230\",\"153\",\"538\",\"326\",\"454\"],[\"\u71df\u696d\u5229\u76ca\",\"-215\",\"-459\",\"15\",\"-145\",\"-147\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-177\",\"-343\",\"47\",\"-170\",\"-58\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"-0.16\",\"-0.31\",\"0.04\",\"-0.16\",\"-0.05\"],[\"\u6bdb\u5229\u7387\",\"5.2%\",\"3.2%\",\"10.2%\",\"6.0%\",\"8.2%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"-4.9%\",\"-9.5%\",\"0.3%\",\"-2.6%\",\"-2.7%\"],[\"\u6de8\u5229\u7387\",\"-4.0%\",\"-7.1%\",\"0.9%\",\"-3.1%\",\"-1.1%\"]]}]}]}","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\",\"0.9%\",\"5.2%\",\"4.4%\",\"-1.9%\",\"4.9%\",\"3.2%\",\"4.7%\",\"10.1%\"],[\"\u6de8\u5229\u7387\",\"-8.6%\",\"-4.0%\",\"6.9%\",\"-6.9%\",\"-5.9%\",\"-7.1%\",\"-3.7%\",\"1.4%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"0.4%\",\"2.3%\",\"2.0%\",\"-0.9%\",\"2.4%\",\"1.6%\",\"2.5%\",\"5.3%\"],[\"ROCE*\",\"-5.7%\",\"-1.8%\",\"8.3%\",\"-5.8%\",\"-4.7%\",\"-5.9%\",\"-2.2%\",\"2.3%\"]]},{\"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\",\"-1.1%\",\"-9.0%\",\"-7.6%\",\"-9.8%\",\"-12.4%\",\"-8.6%\",\"-7.3%\",\"+0.8%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"-54.8%\",\"+47.5%\",\"+266.2%\",\"-614.8%\",\"-70.2%\",\"-647.0%\",\"-208.1%\",\"+131.2%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-156.5%\",\"+135.9%\",\"-126.9%\",\"-23.8%\",\"+149.9%\",\"-351.4%\",\"-228.9%\",\"-171.4%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-4230.6%\",\"+109.9%\",\"+12.1%\",\"+1.9%\",\"+152.4%\",\"-208.9%\",\"-204.2%\",\"-400.5%\"]]},{\"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\",\"50.7\",\"59.1\",\"62.0\",\"62.5\",\"60.7\",\"62.0\",\"58.3\",\"60.7\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"135.0\",\"144.4\",\"128.7\",\"125.8\",\"130.5\",\"125.3\",\"116.8\",\"112.7\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"33.0\",\"36.3\",\"30.4\",\"28.5\",\"29.5\",\"31.3\",\"32.2\",\"33.4\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"152.7\",\"167.2\",\"160.4\",\"159.8\",\"161.8\",\"156.1\",\"143.0\",\"140.0\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.32\",\"1.17\",\"1.15\",\"1.10\",\"1.09\",\"1.15\",\"1.17\",\"1.13\"],[\"\u901f\u52d5\u6bd4\u7387\",\"0.89\",\"0.78\",\"0.79\",\"0.74\",\"0.70\",\"0.77\",\"0.77\",\"0.77\"]]}]},{\"key\":\"year\",\"label\":\"\u5e74\u5ea6\",\"tables\":[{\"title\":\"\u7372\u5229\u80fd\u529b\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u6bdb\u5229\u7387\",\"2.7%\",\"7.4%\",\"5.2%\",\"10.8%\",\"10.9%\"],[\"\u6de8\u5229\u7387\",\"-3.3%\",\"-1.2%\",\"-2.7%\",\"1.9%\",\"2.2%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"1.3%\",\"4.2%\",\"3.1%\",\"7.4%\",\"7.2%\"],[\"ROCE*\",\"-1.9%\",\"-0.1%\",\"-1.8%\",\"2.8%\",\"3.0%\"]]},{\"title\":\"\u6210\u9577\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"-9.6%\",\"-0.9%\",\"-11.4%\",\"+7.3%\",\"+18.3%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"-183.1%\",\"+59.9%\",\"-202.7%\",\"+16.5%\",\"+248.3%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-170.3%\",\"-441.6%\",\"-76.6%\",\"-3.3%\",\"+85.5%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-38.7%\",\"-196.6%\",\"+30.9%\",\"+32.6%\",\"+41.9%\"]]},{\"title\":\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"60.9\",\"53.3\",\"53.5\",\"51.8\",\"51.8\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"127.1\",\"113.1\",\"96.4\",\"80.2\",\"74.9\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"32.1\",\"31.1\",\"30.6\",\"28.4\",\"28.1\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"156.0\",\"135.3\",\"119.4\",\"103.6\",\"98.6\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.15\",\"1.17\",\"1.13\",\"2.51\",\"1.09\"],[\"\u901f\u52d5\u6bd4\u7387\",\"0.79\",\"0.77\",\"0.75\",\"1.73\",\"0.77\"]]}]}]}","ifam_chips":"{\"date\":\"2026-11-12\",\"label\":\"11\/12\u7576\u65e5\",\"volume_lot\":\"1,419\",\"avg_price\":\"11.55\",\"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 11.55 \u5143\u63a8\u7b97\uff1b\u7576\u65e5\u7e3d\u6210\u4ea4\u91cf 1,419 \u5f35\u3002\",\"groups\":[{\"name\":\"\u5916\u8cc7\",\"dir\":\"down\",\"streak\":\"\u90232\u8cb7\u2192\u90234\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"351\",\"707\",\"-355\"],[\"\u91d1\u984d(\u5143)\",\"405\u842c\",\"816\u842c\",\"-410\u842c\"],[\"\u5747\u50f9(\u5143)\",\"11.55\",\"11.55\",\"11.55\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"24.8%\",\"49.8%\",\"\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)\",\"11.55\",\"11.55\",\"11.55\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"0.0%\",\"0.0%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u81ea\u71df\u5546\",\"dir\":\"down\",\"streak\":\"\u90231\u8cb7\u2192\u90233\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"4\",\"60\",\"-56\"],[\"\u91d1\u984d(\u5143)\",\"5\u842c\",\"69\u842c\",\"-65\u842c\"],[\"\u5747\u50f9(\u5143)\",\"11.55\",\"11.55\",\"11.55\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"0.3%\",\"4.2%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u4e09\u5927\u6cd5\u4eba\",\"dir\":\"down\",\"streak\":\"\u90232\u8cb7\u2192\u90234\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"355\",\"767\",\"-411\"],[\"\u91d1\u984d(\u5143)\",\"410\u842c\",\"885\u842c\",\"-475\u842c\"],[\"\u5747\u50f9(\u5143)\",\"11.55\",\"11.55\",\"11.55\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"25.0%\",\"54.0%\",\"\u4e0d\u9069\u7528\"]]}]}","ifam_candle":"{\"date\":\"2026-11-13\",\"label\":\"11\/13\",\"today\":[],\"recent\":[{\"rule\":\"2-3\",\"name\":\"\u591a\u982d\u541e\u566c\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u591a\u982d\u541e\u566c\uff0c\u4f46\u7576\u65e5\u6c92\u6709\u7e7c\u7e8c\u6536\u9ad8\u3002\u53ef\u80fd\u53ea\u662f\u55ae\u65e5\u53cd\u5f48\uff0c\u80a1\u50f9\u65b9\u5411\u4ecd\u4e0d\u660e\u6717\u3002\",\"date\":\"11\/12\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"rule\":\"2-1\",\"name\":\"\u591a\u982d\u541e\u566c\",\"level\":\"\u9810\u8b66\",\"dir\":\"up\",\"text\":\"\u80a1\u50f9\u4e0b\u8dcc\u4e00\u6bb5\u5f8c\uff0c\u7576\u65e5\u7d05K\u7684\u5be6\u9ad4\u628a\u524d\u4e00\u65e5\u7684\u9ed1K\u6574\u6839\u5305\u4f4f\u3002\u8cb7\u65b9\u55ae\u65e5\u7684\u529b\u9053\u660e\u986f\u8f49\u5f37\uff0c\u53ef\u80fd\u662f\u8f49\u6298\u7684\u8d77\u9ede\uff0c\u4f46\u9084\u9700\u8981\u78ba\u8a8d\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\/11\",\"dir_word\":\"\u504f\u591a\"},{\"rule\":\"11-3\",\"name\":\"\u6233\u5165\u7dda\",\"level\":\"\u5ef6\u7e8c\",\"dir\":\"down\",\"text\":\"\u80a1\u50f9\u4e0b\u8dcc\u4e00\u6bb5\u5f8c\uff0c\u9577\u9ed1K\u7684\u9694\u65e5\u53cd\u5f48\u6536\u9032\u524d\u4e00\u65e5\u7684\u5be6\u9ad4\uff0c\u4f46\u6c92\u6709\u8d85\u904e\u4e00\u534a\u3002\u8cb7\u65b9\u6709\u62b5\u6297\u3001\u4f46\u9084\u6c92\u53d6\u5f97\u4e3b\u5c0e\uff0c\u8dcc\u52e2\u5ef6\u7e8c\u7684\u610f\u5473\u6bd4\u9838\u4e0a\u7dda\u3001\u9838\u5167\u7dda\u5f31\u4e00\u4e9b\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u4e0b\u8dcc\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"11\/02\",\"dir_word\":\"\u504f\u7a7a\"},{\"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\/29\",\"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\/28\",\"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\/27\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"rule\":\"9-4\",\"name\":\"\u9318\u5b50\u7dda\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u9318\u5b50\u7dda\uff0c\u4f46\u7576\u65e5\u6536\u76e4\u6c92\u6709\u7ad9\u4e0a\u9318\u5b50\u7dda\u7684\u9ad8\u9ede\u3002\u4e0b\u65b9\u7684\u627f\u63a5\u9084\u6c92\u6709\u8f49\u6210\u653b\u52e2\uff0c\u80a1\u50f9\u65b9\u5411\u4ecd\u4e0d\u660e\u6717\u3002\",\"date\":\"10\/27\",\"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\/22\",\"dir_word\":\"\u504f\u591a\"},{\"rule\":\"9-1\",\"name\":\"\u9318\u5b50\u7dda\",\"level\":\"\u9810\u8b66\",\"dir\":\"up\",\"text\":\"\u80a1\u50f9\u4e0b\u8dcc\u4e00\u6bb5\u5f8c\uff0c\u51fa\u73fe\u4e00\u6839\u4e0b\u5f71\u7dda\u5f88\u9577\u3001\u5be6\u9ad4\u5f88\u5c0f\u7684K\u7dda\u3002\u76e4\u4e2d\u66fe\u88ab\u6bba\u4f4e\uff0c\u4f46\u6536\u76e4\u524d\u88ab\u8cb7\u4e86\u56de\u4f86\uff0c\u4e0b\u65b9\u6709\u4eba\u627f\u63a5\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\":\"10\/22\",\"dir_word\":\"\u504f\u591a\"},{\"rule\":\"1-6\",\"name\":\"\u7a7a\u982d\u6bcd\u5b50\u7dda\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u7a7a\u982d\u6bcd\u5b50\u7dda\uff0c\u4f46\u7576\u65e5\u6c92\u6709\u6536\u4f4e\u7684\u9ed1K\u8ddf\u9032\u3002\u8f49\u5f31\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\/16\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"}],\"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\":[\"74\",\"0\"]},{\"k\":\"\u8ce3\u51fa\",\"v\":[\"19\",\"10\"]},{\"k\":\"\u73fe\u511f\",\"v\":[\"2\",\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"+53\",\"+10\"],\"t\":[\"up\",\"up\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"9,543\",\"25\"]},{\"k\":\"\u4f7f\u7528\u7387\",\"v\":[\"3.5%\",\"0.0%\"]},{\"k\":\"\u9023\u589e\u9023\u6e1b\",\"v\":[\"\u90232\u6e1b\u2192\u589e\",\"\u589e\"],\"t\":[\"up\",\"up\"]},{\"k\":\"\u8cc7\u5238\u4e92\u62b5\",\"v\":[\"\",\"0\"]},{\"k\":\"\u8cc7\u5238\u7576\u6c96\",\"v\":[\"\",\"0.0%\"]},{\"k\":\"\u5238\u8cc7\u6bd4\",\"v\":[\"\",\"0.3%\"]}]},{\"head\":[\"11\/12\u7576\u65e5\",\"\u501f\u5238\u8ce3\u51fa(\u5f35)\"],\"rows\":[{\"k\":\"\u8ce3\u51fa\",\"v\":[\"10\"]},{\"k\":\"\u9084\u5238\",\"v\":[\"0\"]},{\"k\":\"\u8abf\u6574\",\"v\":[\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"+10\"],\"t\":[\"up\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"33,954\"]},{\"k\":\"\u6b21\u65e5\u9650\u984d\",\"v\":[\"57\"]}]}],\"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\",\"20,768\",\"18,767\",\"\",\"\",\"\"],[\"\u71df\u696d\u6bdb\u5229\",\"1,545\",\"503\",\"\",\"\",\"\"],[\"\u71df\u696d\u5229\u76ca\",\"-551\",\"-1,529\",\"\",\"\",\"\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-252\",\"-613\",\"\",\"\",\"\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"-0.23\",\"-0.56\",\"\",\"\",\"\"],[\"\u6bdb\u5229\u7387\",\"7.4%\",\"2.7%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u7387\",\"-1.2%\",\"-3.3%\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u589e\u7387 (YoY,%)\",\"-0.9%\",\"-9.6%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u5e74\u589e\u7387 (YoY,%)\",\"\u8667\u640d\",\"\u8667\u640d\",\"\",\"\",\"\"]],\"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\",\"4,737\",\"4,527\",\"4,673\",\"4,394\",\"4,686\"],[\"\u71df\u696d\u6bdb\u5229\",\"234\",\"-87\",\"204\",\"230\",\"41\"],[\"\u71df\u696d\u5229\u76ca\",\"-249\",\"-540\",\"-280\",\"-215\",\"-467\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-280\",\"-311\",\"321\",\"-177\",\"-402\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"-0.26\",\"-0.28\",\"0.29\",\"-0.16\",\"-0.36\"]],\"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\",\"4.9%\",\"-1.9%\",\"4.4%\",\"5.2%\",\"0.9%\"],[\"\u6de8\u5229\u7387\",\"-5.9%\",\"-6.9%\",\"6.9%\",\"-4.0%\",\"-8.6%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"2.4%\",\"-0.9%\",\"2.0%\",\"2.3%\",\"0.4%\"],[\"ROCE*\",\"-4.7%\",\"-5.8%\",\"8.3%\",\"-1.8%\",\"-5.7%\"],[\"\u6210\u9577\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"-12.4%\",\"-9.8%\",\"-7.6%\",\"-9.0%\",\"-1.1%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"-70.2%\",\"-614.8%\",\"+266.2%\",\"+47.5%\",\"-54.8%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+149.9%\",\"-23.8%\",\"-126.9%\",\"+135.9%\",\"-156.5%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+152.4%\",\"+1.9%\",\"+12.1%\",\"+109.9%\",\"-4230.6%\"],[\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"60.7\",\"62.5\",\"62.0\",\"59.1\",\"50.7\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"130.5\",\"125.8\",\"128.7\",\"144.4\",\"135.0\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"29.5\",\"28.5\",\"30.4\",\"36.3\",\"33.0\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"161.8\",\"159.8\",\"160.4\",\"167.2\",\"152.7\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.09\",\"1.10\",\"1.15\",\"1.17\",\"1.32\"],[\"\u901f\u52d5\u6bd4\u7387\",\"0.70\",\"0.74\",\"0.79\",\"0.78\",\"0.89\"]],\"notes\":[]}]","ifam_fin_note":"<p>2026 \u5e74\u4e0a\u534a\u5e74\u5408\u4f75\u71df\u6536 90.81 \u5104\u5143\u3001\u5e74\u6e1b 5.1%\uff0c\u6bdb\u5229\u7387 3.0%\uff08\u53bb\u5e74\u540c\u671f 4.0%\uff09\u3001\u71df\u696d\u640d\u5931 6.82 \u5104\u5143\uff08\u53bb\u5e74\u540c\u671f 7.08 \u5104\u5143\uff09\u3001\u6bcf\u80a1\u8667\u640d 0.52 \u5143\uff08\u53bb\u5e74\u540c\u671f 0.57 \u5143\uff09\u3002<\/p>\n<p><strong>\u71df\u6536\u4e0b\u6ed1\uff0c\u8667\u640d\u5927\u81f4\u6301\u5e73\u3002<\/strong> \u7b2c 1 \u5b63\u6bdb\u5229\u7387 5.2%\u3001\u7b2c 2 \u5b63 0.9%\uff1b\u71df\u696d\u640d\u5931\u7531\u7b2c 1 \u5b63\u7684 2.15 \u5104\u5143\u64f4\u5927\u81f3\u7b2c 2 \u5b63\u7684 4.67 \u5104\u5143\u3002<\/p>\n<p><strong>\u9010\u5b63\u89c0\u5bdf\u3002<\/strong> 2025 \u5e74\u7b2c 2 \u5b63\u71df\u6536 47.37 \u5104\u5143\u3001\u6bdb\u5229\u7387 4.9%\u3001\u6bcf\u80a1\u8667\u640d 0.26 \u5143\uff1b\u7b2c 3 \u5b63\u71df\u6536 45.27 \u5104\u5143\u3001\u6bdb\u5229\u7387 -1.9%\u3001\u6bcf\u80a1\u8667\u640d 0.28 \u5143\uff1b\u7b2c 4 \u5b63\u71df\u6536 46.73 \u5104\u5143\u3001\u6bdb\u5229\u7387 4.4%\uff1b2026 \u5e74\u7b2c 1 \u5b63\u71df\u6536 43.94 \u5104\u5143\u3001\u6bdb\u5229\u7387 5.2%\u3001\u6bcf\u80a1\u8667\u640d 0.16 \u5143\uff1b\u7b2c 2 \u5b63\u71df\u6536 46.86 \u5104\u5143\u3001\u6bdb\u5229\u7387 0.9%\u3001\u6bcf\u80a1\u8667\u640d 0.36 \u5143\u3002<\/p>\n<p><strong>\u7b2c 3 \u5b63\u71df\u6536\u3002<\/strong> 2026 \u5e74\u524d 9 \u500b\u6708\u7d2f\u8a08\u71df\u6536 136.40 \u5104\u5143\u3001\u5e74\u6e1b 3.2%\uff1b\u7b2c 3 \u5b63\u55ae\u5b63 45.59 \u5104\u5143\uff08\u5e74\u589e 0.7%\uff09\uff0c7 \u6708\u81f3 9 \u6708\u55ae\u6708\u5e74\u589e\u7387\u70ba +1.5%\u3001+1.6%\u3001-1.0%\u3002<\/p>\n<p>\u8a3b\uff1a\u90e8\u5206\u671f\u9593\u8cc7\u6599\u5eab\u672a\u5217\u7a00\u91cb\u6bcf\u80a1\u76c8\u9918\uff08\u8667\u640d\uff09\uff0c\u4ee5\u57fa\u672c\u6bcf\u80a1\u76c8\u9918\u5217\u793a\u3002\u7a05\u5f8c\u6de8\u5229\u63a1\u6b78\u5c6c\u6bcd\u516c\u53f8\u696d\u4e3b\u6de8\u5229\u3002<\/p>\n","ifam_metrics_note":"","ifam_price":"{\"symbol\":\"1905\",\"name\":\"\u83ef\u7d19\",\"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\":11.35,\"open\":11.5,\"high\":11.55,\"low\":11.3,\"prev_close\":11.45,\"change\":-0.1,\"change_pct\":-0.87,\"range\":0.25,\"amount\":\"2,391 \u842c\u5143\",\"volume\":2102,\"avg_volume_3m\":1752,\"market_cap\":\"125.2 \u5104\u5143\",\"shares\":\"11.03 \u5104\u80a1\"},\"annual\":[{\"year\":2026,\"pct\":-2.16,\"ytd\":true},{\"year\":2025,\"pct\":-29.91},{\"year\":2024,\"pct\":-29.72},{\"year\":2023,\"pct\":47.46},{\"year\":2022,\"pct\":-33.25},{\"year\":2021,\"pct\":103.28},{\"year\":2020,\"pct\":35.86},{\"year\":2019,\"pct\":-3.94},{\"year\":2018,\"pct\":-13.35},{\"year\":2017,\"pct\":31.6}],\"series\":[[\"2025-11-13\",12.4],[\"2025-11-14\",13.15],[\"2025-11-17\",12.6],[\"2025-11-18\",11.95],[\"2025-11-19\",11.65],[\"2025-11-20\",11.55],[\"2025-11-21\",11.75],[\"2025-11-24\",11.8],[\"2025-11-25\",11.8],[\"2025-11-26\",12.1],[\"2025-11-27\",12.2],[\"2025-11-28\",12.55],[\"2025-12-01\",12.55],[\"2025-12-02\",12.45],[\"2025-12-03\",12.25],[\"2025-12-04\",12.3],[\"2025-12-05\",12.1],[\"2025-12-08\",12.05],[\"2025-12-09\",11.95],[\"2025-12-10\",11.85],[\"2025-12-11\",11.95],[\"2025-12-12\",11.9],[\"2025-12-15\",12.05],[\"2025-12-16\",11.9],[\"2025-12-17\",11.75],[\"2025-12-18\",11.55],[\"2025-12-19\",11.55],[\"2025-12-22\",11.7],[\"2025-12-23\",11.7],[\"2025-12-24\",11.65],[\"2025-12-26\",11.6],[\"2025-12-29\",11.7],[\"2025-12-30\",11.7],[\"2025-12-31\",11.6],[\"2026-01-02\",11.45],[\"2026-01-05\",11.3],[\"2026-01-06\",11.3],[\"2026-01-07\",11.85],[\"2026-01-08\",11.75],[\"2026-01-09\",11.95],[\"2026-01-12\",12.15],[\"2026-01-13\",12.3],[\"2026-01-14\",12.4],[\"2026-01-15\",12.5],[\"2026-01-16\",12.2],[\"2026-01-19\",12.6],[\"2026-01-20\",12.3],[\"2026-01-21\",12.25],[\"2026-01-22\",12.25],[\"2026-01-23\",12.1],[\"2026-01-26\",12.4],[\"2026-01-27\",12.2],[\"2026-01-28\",12.2],[\"2026-01-29\",12.45],[\"2026-01-30\",12.35],[\"2026-02-02\",12.1],[\"2026-02-03\",12.1],[\"2026-02-04\",12.15],[\"2026-02-05\",12.05],[\"2026-02-06\",11.9],[\"2026-02-09\",11.95],[\"2026-02-10\",12],[\"2026-02-11\",11.95],[\"2026-02-23\",12.05],[\"2026-02-24\",12.7],[\"2026-02-25\",12.55],[\"2026-02-26\",12.55],[\"2026-03-02\",12.2],[\"2026-03-03\",12.2],[\"2026-03-04\",11.55],[\"2026-03-05\",11.75],[\"2026-03-06\",12.25],[\"2026-03-09\",11.8],[\"2026-03-10\",11.8],[\"2026-03-11\",11.95],[\"2026-03-12\",11.7],[\"2026-03-13\",11.5],[\"2026-03-16\",11.55],[\"2026-03-17\",11.65],[\"2026-03-18\",11.75],[\"2026-03-19\",11.65],[\"2026-03-20\",11.7],[\"2026-03-23\",12.5],[\"2026-03-24\",12.3],[\"2026-03-25\",12.75],[\"2026-03-26\",14],[\"2026-03-27\",15.4],[\"2026-03-30\",16.9],[\"2026-03-31\",18.55],[\"2026-04-01\",16.7],[\"2026-04-02\",15.05],[\"2026-04-07\",14.65],[\"2026-04-08\",14.1],[\"2026-04-09\",14.45],[\"2026-04-10\",14.3],[\"2026-04-13\",14.2],[\"2026-04-14\",14.2],[\"2026-04-15\",14.25],[\"2026-04-16\",14.6],[\"2026-04-17\",14.1],[\"2026-04-20\",13.2],[\"2026-04-21\",14.5],[\"2026-04-22\",14.25],[\"2026-04-23\",13.75],[\"2026-04-24\",13.6],[\"2026-04-27\",13.25],[\"2026-04-28\",13.45],[\"2026-04-29\",13.25],[\"2026-04-30\",13],[\"2026-05-04\",12.7],[\"2026-05-05\",12.75],[\"2026-05-06\",12.65],[\"2026-05-07\",12.7],[\"2026-05-08\",12.45],[\"2026-05-11\",12.4],[\"2026-05-12\",12],[\"2026-05-13\",12.15],[\"2026-05-14\",12.1],[\"2026-05-15\",12],[\"2026-05-18\",12],[\"2026-05-19\",11.85],[\"2026-05-20\",11.8],[\"2026-05-21\",12.1],[\"2026-05-22\",12.1],[\"2026-05-25\",12.25],[\"2026-05-26\",12],[\"2026-05-27\",11.85],[\"2026-05-28\",11.95],[\"2026-05-29\",11.95],[\"2026-06-01\",12.15],[\"2026-06-02\",12.25],[\"2026-06-03\",12.75],[\"2026-06-04\",14],[\"2026-06-05\",13.05],[\"2026-06-08\",12.7],[\"2026-06-09\",12.8],[\"2026-06-10\",12.95],[\"2026-06-11\",12.7],[\"2026-06-12\",12.9],[\"2026-06-15\",12.9],[\"2026-06-16\",14.15],[\"2026-06-17\",15.55],[\"2026-06-18\",17.1],[\"2026-06-22\",18.45],[\"2026-06-23\",16.75],[\"2026-06-24\",17.35],[\"2026-06-25\",16.85],[\"2026-06-26\",16.5],[\"2026-06-29\",16.95],[\"2026-06-30\",16.6],[\"2026-07-01\",16.05],[\"2026-07-02\",16.75],[\"2026-07-03\",17],[\"2026-07-06\",16.85],[\"2026-07-07\",16.15],[\"2026-07-08\",15.7],[\"2026-07-09\",15.75],[\"2026-07-13\",15.1],[\"2026-07-14\",14.75],[\"2026-07-15\",14.9],[\"2026-07-16\",14.8],[\"2026-07-17\",14.35],[\"2026-07-20\",13.85],[\"2026-07-21\",14.15],[\"2026-07-22\",14.25],[\"2026-07-23\",14.15],[\"2026-07-24\",13.85],[\"2026-07-27\",13.5],[\"2026-07-28\",13],[\"2026-07-29\",12.8],[\"2026-07-30\",12.5],[\"2026-07-31\",12.65],[\"2026-08-03\",12.8],[\"2026-08-04\",13.15],[\"2026-08-05\",13.2],[\"2026-08-06\",13.5],[\"2026-08-07\",13.25],[\"2026-08-10\",13.45],[\"2026-08-11\",13.4],[\"2026-08-12\",13.75],[\"2026-08-13\",13.45],[\"2026-08-14\",13.7],[\"2026-08-17\",13.45],[\"2026-08-18\",13.2],[\"2026-08-19\",13.2],[\"2026-08-20\",13.5],[\"2026-08-21\",13.65],[\"2026-08-24\",13.4],[\"2026-08-25\",13.55],[\"2026-08-26\",13.55],[\"2026-08-27\",13.5],[\"2026-08-28\",13.7],[\"2026-08-31\",13.7],[\"2026-09-01\",13.7],[\"2026-09-02\",13.85],[\"2026-09-03\",13.65],[\"2026-09-04\",13.5],[\"2026-09-07\",13.2],[\"2026-09-08\",13.2],[\"2026-09-09\",13.45],[\"2026-09-10\",13.3],[\"2026-09-11\",13.2],[\"2026-09-14\",13.15],[\"2026-09-15\",13.05],[\"2026-09-16\",13.1],[\"2026-09-17\",13.5],[\"2026-09-18\",13.25],[\"2026-09-21\",13.2],[\"2026-09-22\",13.15],[\"2026-09-23\",13.1],[\"2026-09-24\",13.1],[\"2026-09-29\",12.85],[\"2026-09-30\",13.05],[\"2026-10-01\",12.8],[\"2026-10-02\",12.85],[\"2026-10-05\",12.7],[\"2026-10-06\",12.65],[\"2026-10-07\",12.9],[\"2026-10-08\",12.8],[\"2026-10-12\",12.8],[\"2026-10-13\",12.8],[\"2026-10-14\",13.1],[\"2026-10-15\",13.1],[\"2026-10-16\",13.2],[\"2026-10-19\",13.15],[\"2026-10-20\",12.85],[\"2026-10-21\",12.75],[\"2026-10-22\",12.8],[\"2026-10-27\",12.7],[\"2026-10-28\",12.75],[\"2026-10-29\",12.5],[\"2026-10-30\",12.15],[\"2026-11-02\",12.2],[\"2026-11-03\",12],[\"2026-11-04\",11.95],[\"2026-11-05\",11.7],[\"2026-11-06\",11.35],[\"2026-11-09\",11.55],[\"2026-11-10\",11.55],[\"2026-11-11\",11.6],[\"2026-11-12\",11.45],[\"2026-11-13\",11.35]]}","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\u83ef\u7d19\uff081905\uff09\u7684\u7372\u5229\u8ecc\u8de1\u3002<\/p>\n<p><strong>\u8fd1\u4e09\u5e74\u6301\u7e8c\u8667\u640d\u3002<\/strong> \u71df\u6536 209.55 \u2192 207.68 \u2192 187.67 \u5104\u5143\uff0c\u6bcf\u80a1\u8667\u640d 0.53 \u2192 0.23 \u2192 0.56 \u5143\u3002<\/p>\n<p><strong>2026 \u5e74\u4e0a\u534a\u5e74\u6301\u7e8c\u8667\u640d\u3002<\/strong> \u5408\u4f75\u71df\u6536 90.81 \u5104\u5143\u3001\u5e74\u6e1b 5.1%\uff1b\u6bcf\u80a1\u8667\u640d 0.52 \u5143\uff08\u53bb\u5e74\u540c\u671f 0.57 \u5143\uff09\uff0c\u7b2c 1 \u5b63 0.16 \u5143\u3001\u7b2c 2 \u5b63 0.36 \u5143\u3002<\/p>\n<p><strong>\u7b2c 3 \u5b63\u71df\u6536\u3002<\/strong> 2026 \u5e74\u524d 9 \u500b\u6708\u7d2f\u8a08\u71df\u6536 136.40 \u5104\u5143\u3001\u5e74\u6e1b 3.2%\uff1b\u7b2c 3 \u5b63\u55ae\u5b63 45.59 \u5104\u5143\uff08\u5e74\u589e 0.7%\uff09\uff0c7 \u6708\u81f3 9 \u6708\u55ae\u6708\u5e74\u589e\u7387\u70ba +1.5%\u3001+1.6%\u3001-1.0%\u3002<\/p>\n<p><strong>\u5f8c\u7e8c\u7684\u9a57\u8b49\u9ede\u70ba\u6bdb\u5229\u7387\u3002<\/strong> \u7b2c 2 \u5b63\u6bdb\u5229\u7387\u50c5 0.9%\uff1b\u6bdb\u5229\u7387\u80fd\u5426\u56de\u5230\u7b2c 1 \u5b63\u7684 5.2% \u4ee5\u4e0a\uff0c\u662f\u5224\u65b7\u8667\u640d\u80fd\u5426\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\":-0.6,\"label\":\"2025(A)\uff1a-0.6 \u5143\"}],\"rows\":[{\"order\":1,\"pe\":11.35,\"peLabel\":\"11 \u5143\",\"desc\":\"2026-11-13\",\"cells\":[{\"order\":1,\"price\":null,\"text\":\"\u8667\u640d\",\"hl\":false}]}]}}","ifam_val_range":"<p>\u76ee\u524d\u83ef\u7d19\u80a1\u50f9\u7d04\u5728 10\u201315 \u5143\uff082026\/11\/13 \u6536\u76e4\u50f9 11 \u5143\uff09\u30022025 \u5e74\u6bcf\u80a1\u8667\u640d 0.56 \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 0.52 \u5143\uff08\u53bb\u5e74\u540c\u671f 0.57 \u5143\uff09\u30022026 \u5e74\u524d 9 \u500b\u6708\u7d2f\u8a08\u71df\u6536\u5e74\u6e1b 3.2%\u3002<\/p>\n","footnotes":""},"categories":[8],"tags":[],"ifam_industry":[41],"ifam_strategy":[],"class_list":["post-1144","post","type-post","status-publish","format-standard","hentry","category-stock","ifam_industry-paper"],"_links":{"self":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/1144","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=1144"}],"version-history":[{"count":1,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/1144\/revisions"}],"predecessor-version":[{"id":1766,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/1144\/revisions\/1766"}],"wp:attachment":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/media?parent=1144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/categories?post=1144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/tags?post=1144"},{"taxonomy":"ifam_industry","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_industry?post=1144"},{"taxonomy":"ifam_strategy","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_strategy?post=1144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}