{"id":1245,"date":"2026-11-06T09:20:40","date_gmt":"2026-11-06T01:20:40","guid":{"rendered":"https:\/\/ifa.ai\/research\/2104tt\/"},"modified":"2026-11-13T22:06:18","modified_gmt":"2026-11-13T14:06:18","slug":"2104tt","status":"publish","type":"post","link":"https:\/\/ifa.ai\/research\/2104tt\/","title":{"rendered":"[\u570b\u969b\u4e2d\u6a61 (2104)] \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\u570b\u969b\u4e2d\u6a61"},"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":"2104","ifam_company":"\u570b\u969b\u4e2d\u6a61","ifam_market":"\u53f0\u80a1","ifam_updated_at":"","ifam_business":"<p><strong>\u570b\u969b\u4e2d\u6a61\uff082104\uff09\u7684\u71df\u6536\u4f86\u81ea\u78b3\u9ed1\uff1a\u516c\u53f8\u70ba\u6295\u8cc7\u63a7\u80a1\u516c\u53f8\uff0c\u5408\u4f75\u71df\u6536\u4f86\u81ea\u5b50\u516c\u53f8\u7684\u78b3\u9ed1\u92b7\u552e\uff0c\u78b3\u9ed1\u70ba\u8f2a\u80ce\u751f\u7522\u7684\u5fc5\u8981\u539f\u6599\uff0c\u53e6\u6709\u751f\u6280\u90e8\u9580\u3002<\/strong> \u516c\u53f8 1973 \u5e74 6 \u6708\u8a2d\u7acb\u30011986 \u5e74 7 \u6708\u4e0a\u5e02\uff0c\u7522\u696d\u985e\u5225\u70ba\u6a61\u81a0\u5de5\u696d\uff0c\u5be6\u6536\u8cc7\u672c\u984d 98.47 \u5104\u5143\uff1b2018 \u5e74\u5c07\u570b\u5167\u78b3\u9ed1\u8207\u751f\u6280\u4e8b\u696d\u5206\u5272\u5f8c\u8f49\u578b\u70ba\u6295\u8cc7\u63a7\u80a1\u3002<\/p>\n<p><strong>\u71df\u6536\u5206\u5e03\u65bc\u4e9e\u6d32\u8207\u7f8e\u6d32\u3002<\/strong> 2025 \u5e74\u5168\u5e74\u5408\u4f75\u71df\u6536 153.34 \u5104\u5143\u4e2d\uff0c\u4e9e\u6d32\u5360 66.9%\u3001\u7f8e\u6d32 28.0%\u3001\u5176\u4ed6 5.1%\uff1b\u7532\u5ba2\u6236\u5360 10.1%\uff0c\u8ca1\u5831\u672a\u5177\u540d\u30022026 \u5e74\u4e0a\u534a\u5e74\u90e8\u9580\u6536\u5165\u5168\u90e8\u4f86\u81ea\u78b3\u9ed1\u3002<\/p>\n<p><strong>\u26a0 \u8a55\u4f30\u672c\u6a94\u6642\u61c9\u512a\u5148\u7559\u610f\u7684\u662f\u71df\u696d\u6210\u672c\u9ad8\u65bc\u71df\u696d\u6536\u5165\u3002<\/strong> 2026 \u5e74\u4e0a\u534a\u5e74\u6bdb\u5229\u7387 \u221211.5%\uff08\u53bb\u5e74\u540c\u671f \u22121.6%\uff09\uff0c\u78b3\u9ed1\u90e8\u9580\u640d\u5931 12.85 \u5104\u5143\uff08\u53bb\u5e74\u540c\u671f\u640d\u5931 7.95 \u5104\u5143\uff09\uff0c\u6bcf\u80a1\u8667\u640d 1.32 \u5143\u30022025 \u5e74\u53e6\u8a8d\u5217\u6b0a\u76ca\u6cd5\u640d\u5931 27.36 \u5104\u5143\uff0c\u95dc\u806f\u4f01\u696d\u53f0\u6ce5\u5faa\u74b0\u80fd\u6e90\u5e33\u9762\u7531 2025 \u5e74 6 \u6708\u5e95\u7684 33.12 \u5104\u5143\u964d\u81f3\u5e74\u5e95\u7684 10.14 \u5104\u5143\u3002<\/p>\n<p><strong>\u8fd1\u4e09\u5e74\u7684\u898f\u6a21<\/strong>\uff1a\u71df\u6536 178.75 \u2192 180.60 \u2192 153.34 \u5104\u5143\uff1b\u6bcf\u80a1\u8667\u640d 0.51\u30012.80\u30014.28 \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\",\"11,982\",\"13,290\",\"15,594\"],[\"12\u6708\",\"\uff0d\",\"950\",\"1,160\"],[\"11\u6708\",\"\uff0d\",\"1,094\",\"1,308\"],[\"10\u6708\",\"1,419\",\"1,267\",\"1,490\"],[\"9\u6708\",\"1,045\",\"979\",\"1,312\"],[\"8\u6708\",\"1,212\",\"1,208\",\"1,634\"],[\"7\u6708\",\"1,547\",\"1,596\",\"2,133\"],[\"6\u6708\",\"873\",\"996\",\"1,347\"],[\"5\u6708\",\"964\",\"1,393\",\"1,626\"],[\"4\u6708\",\"1,410\",\"1,671\",\"1,628\"],[\"3\u6708\",\"991\",\"1,126\",\"1,445\"],[\"2\u6708\",\"1,137\",\"1,476\",\"1,364\"],[\"1\u6708\",\"1,386\",\"1,578\",\"1,614\"]]},{\"key\":\"quarter\",\"label\":\"\u5b63\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026Q3\",\"2026Q2\",\"2026Q1\",\"2025Q4\",\"2025Q3\",\"2025Q2\",\"2025Q1\",\"2024Q4\"],\"rows\":[[\"\u71df\u6536\",\"3,804\",\"3,252\",\"3,508\",\"3,310\",\"3,770\",\"4,074\",\"4,180\",\"3,957\"],[\"\u5e74\u589e\u7387\",\"+0.9%\",\"-20.2%\",\"-16.1%\",\"-16.3%\",\"-25.2%\",\"-12.1%\",\"-5.5%\",\"-11.0%\"],[\"\u5b63\u589e\u7387\",\"+17.0%\",\"-7.3%\",\"+6.0%\",\"-12.2%\",\"-7.4%\",\"-2.5%\",\"+5.6%\",\"-21.5%\"]]},{\"key\":\"half\",\"label\":\"\u534a\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026H1\",\"2025H2\",\"2025H1\",\"2024H2\",\"2024H1\",\"2023H2\"],\"rows\":[[\"\u71df\u6536\",\"6,760\",\"7,080\",\"8,254\",\"9,000\",\"9,060\",\"9,161\"],[\"\u5e74\u589e\u7387\",\"-18.1%\",\"-21.3%\",\"-8.9%\",\"-1.8%\",\"+4.0%\",\"-25.6%\"],[\"\u534a\u5e74\u589e\u7387\",\"-4.5%\",\"-14.2%\",\"-8.3%\",\"-0.7%\",\"-1.1%\",\"+5.1%\"]]},{\"key\":\"year\",\"label\":\"\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026 (1~10\u6708)\",\"2025\",\"2024\"],\"rows\":[[\"\u71df\u6536\",\"11,982\",\"15,334\",\"18,060\"],[\"\u5e74\u589e\u7387\",\"-9.8%\",\"-15.1%\",\"+1.0%\"]]}]}","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 Q3\u3002\",\"default\":1,\"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\",\"3,310\",\"3,957\",\"4,448\",\"5,618\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"-440\",\"-62\",\"392\",\"688\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"-818\",\"-482\",\"152\",\"277\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"-855\",\"-1,060\",\"-162\",\"-79\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"-0.88\",\"-1.10\",\"-0.17\",\"-0.08\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"-13.3%\",\"-1.6%\",\"8.8%\",\"12.2%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"-24.7%\",\"-12.2%\",\"3.4%\",\"4.9%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"-25.8%\",\"-26.8%\",\"-3.7%\",\"-1.4%\"]]},{\"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\",\"15,334\",\"18,060\",\"17,875\",\"23,368\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"-800\",\"901\",\"1,466\",\"3,273\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"-2,235\",\"-574\",\"151\",\"1,739\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"-4,149\",\"-2,713\",\"-494\",\"679\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"-4.28\",\"-2.80\",\"-0.51\",\"0.70\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"-5.2%\",\"5.0%\",\"8.2%\",\"14.0%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"-14.6%\",\"-3.2%\",\"0.8%\",\"7.4%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"-27.1%\",\"-15.0%\",\"-2.8%\",\"2.9%\"]]}]},{\"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\",\"3,804\",\"3,770\",\"5,043\",\"4,714\",\"6,693\"],[\"\u71df\u696d\u6bdb\u5229\",\"39\",\"-226\",\"508\",\"390\",\"1,183\"],[\"\u71df\u696d\u5229\u76ca\",\"-238\",\"-547\",\"123\",\"59\",\"831\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-228\",\"-2,778\",\"4\",\"9\",\"550\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"-0.24\",\"-2.86\",\"0.00\",\"0.01\",\"0.57\"],[\"\u6bdb\u5229\u7387\",\"1.0%\",\"-6.0%\",\"10.1%\",\"8.3%\",\"17.7%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"-6.3%\",\"-14.5%\",\"2.4%\",\"1.2%\",\"12.4%\"],[\"\u6de8\u5229\u7387\",\"-6.0%\",\"-73.7%\",\"0.1%\",\"0.2%\",\"8.2%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~9\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"10,564\",\"12,024\",\"14,103\",\"13,428\",\"17,750\"],[\"\u71df\u696d\u6bdb\u5229\",\"-735\",\"-361\",\"962\",\"1,074\",\"2,585\"],[\"\u71df\u696d\u5229\u76ca\",\"-1,619\",\"-1,417\",\"-92\",\"-2\",\"1,463\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-1,505\",\"-3,294\",\"-1,653\",\"-332\",\"758\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"-1.55\",\"-3.40\",\"-1.70\",\"-0.34\",\"0.78\"],[\"\u6bdb\u5229\u7387\",\"-7.0%\",\"-3.0%\",\"6.8%\",\"8.0%\",\"14.6%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"-15.3%\",\"-11.8%\",\"-0.7%\",\"-0.0%\",\"8.2%\"],[\"\u6de8\u5229\u7387\",\"-14.2%\",\"-27.4%\",\"-11.7%\",\"-2.5%\",\"4.3%\"]]}]},{\"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\",\"3,252\",\"4,074\",\"4,637\",\"4,075\",\"5,845\"],[\"\u71df\u696d\u6bdb\u5229\",\"-182\",\"34\",\"158\",\"66\",\"654\"],[\"\u71df\u696d\u5229\u76ca\",\"-492\",\"-354\",\"-178\",\"-343\",\"277\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-491\",\"-278\",\"-1,416\",\"-362\",\"-5\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"-0.51\",\"-0.29\",\"-1.46\",\"-0.37\",\"-0.01\"],[\"\u6bdb\u5229\u7387\",\"-5.6%\",\"0.8%\",\"3.4%\",\"1.6%\",\"11.2%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"-15.1%\",\"-8.7%\",\"-3.8%\",\"-8.4%\",\"4.7%\"],[\"\u6de8\u5229\u7387\",\"-15.1%\",\"-6.8%\",\"-30.5%\",\"-8.9%\",\"-0.1%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~6\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"6,760\",\"8,254\",\"9,060\",\"8,714\",\"11,057\"],[\"\u71df\u696d\u6bdb\u5229\",\"-774\",\"-134\",\"454\",\"684\",\"1,402\"],[\"\u71df\u696d\u5229\u76ca\",\"-1,380\",\"-870\",\"-215\",\"-60\",\"631\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-1,277\",\"-516\",\"-1,657\",\"-341\",\"208\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"-1.32\",\"-0.53\",\"-1.71\",\"-0.35\",\"0.21\"],[\"\u6bdb\u5229\u7387\",\"-11.5%\",\"-1.6%\",\"5.0%\",\"7.9%\",\"12.7%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"-20.4%\",\"-10.5%\",\"-2.4%\",\"-0.7%\",\"5.7%\"],[\"\u6de8\u5229\u7387\",\"-18.9%\",\"-6.2%\",\"-18.3%\",\"-3.9%\",\"1.9%\"]]}]},{\"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\",\"3,508\",\"4,180\",\"4,423\",\"4,639\",\"5,211\"],[\"\u71df\u696d\u6bdb\u5229\",\"-592\",\"-169\",\"296\",\"618\",\"749\"],[\"\u71df\u696d\u5229\u76ca\",\"-888\",\"-516\",\"-37\",\"283\",\"355\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-785\",\"-237\",\"-241\",\"21\",\"213\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"-0.81\",\"-0.24\",\"-0.25\",\"0.02\",\"0.22\"],[\"\u6bdb\u5229\u7387\",\"-16.9%\",\"-4.0%\",\"6.7%\",\"13.3%\",\"14.4%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"-25.3%\",\"-12.3%\",\"-0.8%\",\"6.1%\",\"6.8%\"],[\"\u6de8\u5229\u7387\",\"-22.4%\",\"-5.7%\",\"-5.4%\",\"0.5%\",\"4.1%\"]]}]}]}","ifam_metrics_tabs":"{\"default\":0,\"tabs\":[{\"key\":\"quarter\",\"label\":\"\u5b63\u5ea6\",\"tables\":[{\"title\":\"\u7372\u5229\u80fd\u529b\",\"head\":[\"\",\"2026 Q3\",\"2026 Q2\",\"2026 Q1\",\"2025 Q4\",\"2025 Q3\",\"2025 Q2\",\"2025 Q1\",\"2024 Q4\"],\"rows\":[[\"\u6bdb\u5229\u7387\",\"1.0%\",\"-5.6%\",\"-16.9%\",\"-13.3%\",\"-6.0%\",\"0.8%\",\"-4.0%\",\"-1.6%\"],[\"\u6de8\u5229\u7387\",\"-6.0%\",\"-15.1%\",\"-22.4%\",\"-25.8%\",\"-73.7%\",\"-6.8%\",\"-5.7%\",\"-26.8%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"0.3%\",\"-1.5%\",\"-4.9%\",\"-3.6%\",\"-1.8%\",\"0.3%\",\"-1.2%\",\"-0.4%\"],[\"ROCE*\",\"-1.6%\",\"-4.0%\",\"-9.1%\",\"-9.3%\",\"-28.4%\",\"0.6%\",\"-3.8%\",\"-6.9%\"]]},{\"title\":\"\u6210\u9577\u6027\",\"head\":[\"\",\"2026 Q3\",\"2026 Q2\",\"2026 Q1\",\"2025 Q4\",\"2025 Q3\",\"2025 Q2\",\"2025 Q1\",\"2024 Q4\"],\"rows\":[[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"+0.9%\",\"-20.2%\",\"-16.1%\",\"-16.3%\",\"-25.2%\",\"-12.1%\",\"-5.5%\",\"-11.0%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+86.4%\",\"-155.1%\",\"-170.9%\",\"+10.9%\",\"-9719.8%\",\"+83.9%\",\"-46.4%\",\"-615.4%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+133.8%\",\"+30.7%\",\"-30.9%\",\"+28.9%\",\"-199.7%\",\"+3487.1%\",\"+138.2%\",\"-68.3%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+97.7%\",\"-32.2%\",\"+156.3%\",\"+263.6%\",\"-324.5%\",\"+465.0%\",\"+106.6%\",\"-113.1%\"]]},{\"title\":\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"head\":[\"\",\"2026 Q3\",\"2026 Q2\",\"2026 Q1\",\"2025 Q4\",\"2025 Q3\",\"2025 Q2\",\"2025 Q1\",\"2024 Q4\"],\"rows\":[[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"64.1\",\"74.1\",\"69.4\",\"73.8\",\"70.1\",\"71.4\",\"69.5\",\"77.8\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"71.8\",\"78.7\",\"71.5\",\"84.1\",\"65.6\",\"57.9\",\"63.8\",\"76.6\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"22.7\",\"25.4\",\"21.3\",\"24.5\",\"18.8\",\"14.7\",\"17.3\",\"19.7\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"113.2\",\"127.4\",\"119.6\",\"133.4\",\"116.8\",\"114.5\",\"116.0\",\"134.8\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.18\",\"1.26\",\"1.32\",\"1.36\",\"1.63\",\"1.74\",\"1.69\",\"1.80\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.02\",\"1.09\",\"1.14\",\"1.15\",\"1.38\",\"1.55\",\"1.49\",\"1.54\"]]}]},{\"key\":\"year\",\"label\":\"\u5e74\u5ea6\",\"tables\":[{\"title\":\"\u7372\u5229\u80fd\u529b\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u6bdb\u5229\u7387\",\"-5.2%\",\"5.0%\",\"8.2%\",\"14.0%\",\"28.2%\"],[\"\u6de8\u5229\u7387\",\"-27.1%\",\"-15.0%\",\"-2.8%\",\"2.9%\",\"13.8%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"-1.5%\",\"1.6%\",\"2.5%\",\"5.6%\",\"12.9%\"],[\"ROCE*\",\"-9.9%\",\"-3.8%\",\"1.3%\",\"4.5%\",\"13.9%\"]]},{\"title\":\"\u6210\u9577\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"-15.1%\",\"+1.0%\",\"-23.5%\",\"-5.1%\",\"+43.9%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"-56.2%\",\"-433.1%\",\"-181.9%\",\"-80.7%\",\"+407.7%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+336.4%\",\"-116.1%\",\"+302.4%\",\"-80.2%\",\"+18.0%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+107.1%\",\"-173.8%\",\"+184.1%\",\"-517.3%\",\"+16.6%\"]]},{\"title\":\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"67.2\",\"61.9\",\"71.6\",\"58.8\",\"53.2\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"75.7\",\"64.0\",\"66.5\",\"54.3\",\"51.6\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"21.1\",\"17.0\",\"14.9\",\"13.7\",\"19.0\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"121.8\",\"108.9\",\"123.2\",\"99.4\",\"85.8\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.36\",\"1.80\",\"1.83\",\"2.15\",\"1.93\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.15\",\"1.54\",\"1.62\",\"1.90\",\"1.74\"]]}]}]}","ifam_chips":"{\"date\":\"2026-11-12\",\"label\":\"11\/12\u7576\u65e5\",\"volume_lot\":\"2,210\",\"avg_price\":\"10.27\",\"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 10.27 \u5143\u63a8\u7b97\uff1b\u7576\u65e5\u7e3d\u6210\u4ea4\u91cf 2,210 \u5f35\u3002\",\"groups\":[{\"name\":\"\u5916\u8cc7\",\"dir\":\"down\",\"streak\":\"\u90231\u8cb7\u2192\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"551\",\"1,158\",\"-607\"],[\"\u91d1\u984d(\u5143)\",\"566\u842c\",\"1,189\u842c\",\"-623\u842c\"],[\"\u5747\u50f9(\u5143)\",\"10.27\",\"10.27\",\"10.27\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"24.9%\",\"52.4%\",\"\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)\",\"10.27\",\"10.27\",\"10.27\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"0.0%\",\"0.0%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u81ea\u71df\u5546\",\"dir\":\"down\",\"streak\":\"\u90231\u8cb7\u2192\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"56\",\"75\",\"-19\"],[\"\u91d1\u984d(\u5143)\",\"58\u842c\",\"77\u842c\",\"-20\u842c\"],[\"\u5747\u50f9(\u5143)\",\"10.27\",\"10.27\",\"10.27\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"2.5%\",\"3.4%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u4e09\u5927\u6cd5\u4eba\",\"dir\":\"down\",\"streak\":\"\u90231\u8cb7\u2192\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"607\",\"1,233\",\"-626\"],[\"\u91d1\u984d(\u5143)\",\"623\u842c\",\"1,266\u842c\",\"-642\u842c\"],[\"\u5747\u50f9(\u5143)\",\"10.27\",\"10.27\",\"10.27\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"27.5%\",\"55.8%\",\"\u4e0d\u9069\u7528\"]]}]}","ifam_candle":"{\"date\":\"2026-11-13\",\"label\":\"11\/13\",\"today\":[{\"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\",\"dir_label\":\"\u25b2 \u504f\u591a\",\"dir_word\":\"\u504f\u591a\",\"what\":\"\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\",\"mean\":\"\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\",\"third_label\":\"\u63a5\u4e0b\u4f86\u770b\u4ec0\u9ebc\",\"third\":\"\u6b21\u4e00\u4ea4\u6613\u65e5\u82e5\u518d\u6536\u4e00\u6839\u66f4\u9ad8\u7684\u7d05K\uff0c\u5347\u7d1a\u70ba\u300c\u4e09\u5167\u90e8\u4e0a\u6f32\u300d\uff08\u5df2\u78ba\u8a8d\uff09\u3002\",\"k\":[{\"d\":\"11\/12\",\"tag\":\"\u9577\u9ed1\",\"hi\":8,\"lo\":92,\"top\":44,\"bot\":92,\"col\":\"down\"},{\"d\":\"11\/13\",\"tag\":\"\u6bcd\u5b50\",\"hi\":44,\"lo\":104,\"top\":44,\"bot\":80,\"col\":\"up\"}]}],\"recent\":[{\"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\":\"11\/03\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"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\":\"11\/02\",\"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\/29\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"rule\":\"5-2\",\"name\":\"\u591a\u982d\u5341\u5b57\u6bcd\u5b50\u7dda\",\"level\":\"\u8f03\u5f37\u9810\u8b66\",\"dir\":\"up\",\"text\":\"\u80a1\u50f9\u4e0b\u8dcc\u4e00\u6bb5\u5f8c\uff0c\u9577\u9ed1K\u7684\u9694\u65e5\u6536\u6210\u5341\u5b57\u7dda\uff0c\u843d\u5728\u524d\u4e00\u65e5\u7684K\u7dda\u5be6\u9ad4\u4e4b\u5167\u3002\u8ce3\u65b9\u5b8c\u5168\u6c92\u8fa6\u6cd5\u5ef6\u7e8c\u524d\u4e00\u65e5\u7684\u8dcc\u52e2\uff0c\u7336\u8c6b\u7684\u7a0b\u5ea6\u6bd4\u4e00\u822c\u7684\u6bcd\u5b50\u7dda\u66f4\u660e\u986f\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\"}],\"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\":[\"36\",\"3\"]},{\"k\":\"\u8ce3\u51fa\",\"v\":[\"19\",\"0\"]},{\"k\":\"\u73fe\u511f\",\"v\":[\"0\",\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"+17\",\"-3\"],\"t\":[\"up\",\"down\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"16,621\",\"24\"]},{\"k\":\"\u4f7f\u7528\u7387\",\"v\":[\"6.8%\",\"0.0%\"]},{\"k\":\"\u9023\u589e\u9023\u6e1b\",\"v\":[\"\u90233\u6e1b\u2192\u90232\u589e\",\"\u589e\u2192\u6e1b\"],\"t\":[\"up\",\"down\"]},{\"k\":\"\u8cc7\u5238\u4e92\u62b5\",\"v\":[\"\",\"1\"]},{\"k\":\"\u8cc7\u5238\u7576\u6c96\",\"v\":[\"\",\"0.0%\"]},{\"k\":\"\u5238\u8cc7\u6bd4\",\"v\":[\"\",\"0.1%\"]}]},{\"head\":[\"11\/12\u7576\u65e5\",\"\u501f\u5238\u8ce3\u51fa(\u5f35)\"],\"rows\":[{\"k\":\"\u8ce3\u51fa\",\"v\":[\"33\"]},{\"k\":\"\u9084\u5238\",\"v\":[\"0\"]},{\"k\":\"\u8abf\u6574\",\"v\":[\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"+33\"],\"t\":[\"up\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"8,928\"]},{\"k\":\"\u6b21\u65e5\u9650\u984d\",\"v\":[\"127\"]}]}],\"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\",\"18,060\",\"15,334\",\"\",\"\",\"\"],[\"\u71df\u696d\u6bdb\u5229\",\"901\",\"-800\",\"\",\"\",\"\"],[\"\u71df\u696d\u5229\u76ca\",\"-574\",\"-2,235\",\"\",\"\",\"\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-2,713\",\"-4,149\",\"\",\"\",\"\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"-2.80\",\"-4.28\",\"\",\"\",\"\"],[\"\u6bdb\u5229\u7387\",\"5.0%\",\"-5.2%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u7387\",\"-15.0%\",\"-27.1%\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u589e\u7387 (YoY,%)\",\"1.0%\",\"-15.1%\",\"\",\"\",\"\"],[\"\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\",\"4,074\",\"3,770\",\"3,310\",\"3,508\",\"3,252\"],[\"\u71df\u696d\u6bdb\u5229\",\"34\",\"-226\",\"-440\",\"-592\",\"-182\"],[\"\u71df\u696d\u5229\u76ca\",\"-354\",\"-547\",\"-818\",\"-888\",\"-492\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-278\",\"-2,778\",\"-855\",\"-785\",\"-491\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"-0.29\",\"-2.86\",\"-0.88\",\"-0.81\",\"-0.51\"]],\"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\",\"0.8%\",\"-6.0%\",\"-13.3%\",\"-16.9%\",\"-5.6%\"],[\"\u6de8\u5229\u7387\",\"-6.8%\",\"-73.7%\",\"-25.8%\",\"-22.4%\",\"-15.1%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"0.3%\",\"-1.8%\",\"-3.6%\",\"-4.9%\",\"-1.5%\"],[\"ROCE*\",\"0.6%\",\"-28.4%\",\"-9.3%\",\"-9.1%\",\"-4.0%\"],[\"\u6210\u9577\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"-12.1%\",\"-25.2%\",\"-16.3%\",\"-16.1%\",\"-20.2%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+83.9%\",\"-9719.8%\",\"+10.9%\",\"-170.9%\",\"-155.1%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+3487.1%\",\"-199.7%\",\"+28.9%\",\"-30.9%\",\"+30.7%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+465.0%\",\"-324.5%\",\"+263.6%\",\"+156.3%\",\"-32.2%\"],[\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"71.4\",\"70.1\",\"73.8\",\"69.4\",\"74.1\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"57.9\",\"65.6\",\"84.1\",\"71.5\",\"78.7\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"14.7\",\"18.8\",\"24.5\",\"21.3\",\"25.4\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"114.5\",\"116.8\",\"133.4\",\"119.6\",\"127.4\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.74\",\"1.63\",\"1.36\",\"1.32\",\"1.26\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.55\",\"1.38\",\"1.15\",\"1.14\",\"1.09\"]],\"notes\":[]}]","ifam_fin_note":"<p>2026 \u5e74\u4e0a\u534a\u5e74\u5408\u4f75\u71df\u6536 67.60 \u5104\u5143\u3001\u5e74\u6e1b 18.1%\uff0c\u6bdb\u5229\u7387 \u221211.5%\uff08\u53bb\u5e74\u540c\u671f \u22121.6%\uff09\u3001\u71df\u696d\u640d\u5931 13.80 \u5104\u5143\uff08\u53bb\u5e74\u540c\u671f 8.70 \u5104\u5143\uff09\u3001\u6bcf\u80a1\u8667\u640d 1.32 \u5143\uff08\u53bb\u5e74\u540c\u671f 0.53 \u5143\uff09\u3002<\/p>\n<p><strong>\u71df\u6536\u4e0b\u6ed1\uff0c\u8667\u640d\u64f4\u5927\u3002<\/strong> \u672c\u671f\u6de8\u640d 15.67 \u5104\u5143\uff0c\u5176\u4e2d\u6b78\u5c6c\u6bcd\u516c\u53f8\u696d\u4e3b 12.77 \u5104\u5143\u3002<\/p>\n<p><strong>\u696d\u5916\u65b9\u9762<\/strong>\uff0c\u71df\u696d\u5916\u6536\u652f\u5408\u8a08 \u22120.67 \u5104\u5143\uff08\u53bb\u5e74\u540c\u671f 1.85 \u5104\u5143\uff09\uff1a\u8ca1\u52d9\u6210\u672c 3.95 \u5104\u5143\u3001\u5176\u4ed6\u6536\u5165 2.84 \u5104\u5143\u3001\u5229\u606f\u6536\u5165 1.79 \u5104\u5143\u3001\u6b0a\u76ca\u6cd5\u640d\u5931 0.75 \u5104\u5143\uff08\u53bb\u5e74\u540c\u671f\u640d\u5931 3.61 \u5104\u5143\uff09\u3001\u5176\u4ed6\u5229\u76ca\u53ca\u640d\u5931 \u22120.61 \u5104\u5143\uff08\u53bb\u5e74\u540c\u671f 2.96 \u5104\u5143\uff09\u3002<\/p>\n<p><strong>\u9010\u5b63\u89c0\u5bdf\u3002<\/strong> 2025 \u5e74\u7b2c 2 \u5b63\u71df\u6536 40.74 \u5104\u5143\u3001\u6bdb\u5229\u7387 0.8%\u3001\u6bcf\u80a1\u8667\u640d 0.29 \u5143\uff1b\u7b2c 3 \u5b63\u71df\u6536 37.70 \u5104\u5143\u3001\u6bdb\u5229\u7387 \u22126.0%\u3001\u6bcf\u80a1\u8667\u640d 2.86 \u5143\uff1b\u7b2c 4 \u5b63\u71df\u6536 33.10 \u5104\u5143\u3001\u6bdb\u5229\u7387 \u221213.3%\uff1b2026 \u5e74\u7b2c 1 \u5b63\u71df\u6536 35.08 \u5104\u5143\u3001\u6bdb\u5229\u7387 \u221216.9%\u3001\u6bcf\u80a1\u8667\u640d 0.81 \u5143\uff1b\u7b2c 2 \u5b63\u71df\u6536 32.52 \u5104\u5143\u3001\u6bdb\u5229\u7387 \u22125.6%\u3001\u6bcf\u80a1\u8667\u640d 0.51 \u5143\u30022025 \u5e74\u4e0b\u534a\u5e74\u6b0a\u76ca\u6cd5\u640d\u5931 23.75 \u5104\u5143\uff0c\u7b2c 3 \u5b63\u6bcf\u80a1\u8667\u640d 2.86 \u5143\u3002<\/p>\n<p><strong>\u7b2c 3 \u5b63\u71df\u6536\u3002<\/strong> 2026 \u5e74\u524d 9 \u500b\u6708\u7d2f\u8a08\u71df\u6536 105.64 \u5104\u5143\u3001\u5e74\u6e1b 12.1%\uff1b\u7b2c 3 \u5b63\u55ae\u5b63 38.04 \u5104\u5143\uff08\u5e74\u589e 0.9%\uff09\uff0c7 \u6708\u81f3 9 \u6708\u55ae\u6708\u5e74\u589e\u7387\u70ba -3.1%\u3001+0.3%\u3001+6.8%\u3002<\/p>\n<p>\u8a3b\uff1a\u57fa\u672c\u8207\u7a00\u91cb\u6bcf\u80a1\u76c8\u9918\u76f8\u540c\u3002\u7a05\u5f8c\u6de8\u5229\u63a1\u6b78\u5c6c\u6bcd\u516c\u53f8\u696d\u4e3b\u6de8\u5229\u3002<\/p>\n","ifam_metrics_note":"","ifam_price":"{\"symbol\":\"2104\",\"name\":\"\u570b\u969b\u4e2d\u6a61\",\"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\":10.3,\"open\":10.15,\"high\":10.3,\"low\":10.05,\"prev_close\":10.1,\"change\":0.2,\"change_pct\":1.98,\"range\":0.25,\"amount\":\"2,429 \u842c\u5143\",\"volume\":2398,\"avg_volume_3m\":4111,\"market_cap\":\"101.4 \u5104\u5143\",\"shares\":\"9.85 \u5104\u80a1\"},\"annual\":[{\"year\":2026,\"pct\":-10.43,\"ytd\":true},{\"year\":2025,\"pct\":-9.45},{\"year\":2024,\"pct\":-34.87},{\"year\":2023,\"pct\":0.72},{\"year\":2022,\"pct\":-30.31},{\"year\":2021,\"pct\":9.35},{\"year\":2020,\"pct\":-16.7},{\"year\":2019,\"pct\":-5.05},{\"year\":2018,\"pct\":1.47},{\"year\":2017,\"pct\":67.94}],\"series\":[[\"2025-11-13\",10.05],[\"2025-11-14\",10.05],[\"2025-11-17\",9.9],[\"2025-11-18\",9.72],[\"2025-11-19\",9.46],[\"2025-11-20\",9.6],[\"2025-11-21\",9.39],[\"2025-11-24\",9.42],[\"2025-11-25\",9.48],[\"2025-11-26\",9.73],[\"2025-11-27\",9.87],[\"2025-11-28\",10.1],[\"2025-12-01\",10.5],[\"2025-12-02\",10.4],[\"2025-12-03\",10.4],[\"2025-12-04\",10.55],[\"2025-12-05\",10.3],[\"2025-12-08\",11.3],[\"2025-12-09\",11.8],[\"2025-12-10\",11.3],[\"2025-12-11\",11.7],[\"2025-12-12\",11.35],[\"2025-12-15\",11.5],[\"2025-12-16\",11.55],[\"2025-12-17\",10.75],[\"2025-12-18\",10.7],[\"2025-12-19\",11.3],[\"2025-12-22\",11.55],[\"2025-12-23\",11.85],[\"2025-12-24\",11.45],[\"2025-12-26\",11.3],[\"2025-12-29\",11.5],[\"2025-12-30\",11.65],[\"2025-12-31\",11.5],[\"2026-01-02\",11.15],[\"2026-01-05\",10.85],[\"2026-01-06\",11.15],[\"2026-01-07\",11.45],[\"2026-01-08\",11.15],[\"2026-01-09\",10.95],[\"2026-01-12\",11.35],[\"2026-01-13\",11.55],[\"2026-01-14\",11.6],[\"2026-01-15\",11.85],[\"2026-01-16\",12],[\"2026-01-19\",12.5],[\"2026-01-20\",12.3],[\"2026-01-21\",12.15],[\"2026-01-22\",12.05],[\"2026-01-23\",12.1],[\"2026-01-26\",12.55],[\"2026-01-27\",12.3],[\"2026-01-28\",12.45],[\"2026-01-29\",12.3],[\"2026-01-30\",11.95],[\"2026-02-02\",10.95],[\"2026-02-03\",10.95],[\"2026-02-04\",11.2],[\"2026-02-05\",11.2],[\"2026-02-06\",10.85],[\"2026-02-09\",11],[\"2026-02-10\",11.05],[\"2026-02-11\",11.25],[\"2026-02-23\",12.35],[\"2026-02-24\",13.55],[\"2026-02-25\",13.7],[\"2026-02-26\",13.2],[\"2026-03-02\",12.3],[\"2026-03-03\",12.55],[\"2026-03-04\",12],[\"2026-03-05\",11.95],[\"2026-03-06\",12.85],[\"2026-03-09\",12.6],[\"2026-03-10\",12.45],[\"2026-03-11\",12.25],[\"2026-03-12\",12.6],[\"2026-03-13\",12.4],[\"2026-03-16\",12.25],[\"2026-03-17\",12.5],[\"2026-03-18\",12.7],[\"2026-03-19\",12.7],[\"2026-03-20\",12.65],[\"2026-03-23\",12.15],[\"2026-03-24\",12.15],[\"2026-03-25\",12.05],[\"2026-03-26\",12.25],[\"2026-03-27\",12.25],[\"2026-03-30\",12.65],[\"2026-03-31\",12.15],[\"2026-04-01\",12.25],[\"2026-04-02\",12.25],[\"2026-04-07\",12.1],[\"2026-04-08\",12.2],[\"2026-04-09\",11.95],[\"2026-04-10\",11.65],[\"2026-04-13\",11.65],[\"2026-04-14\",11.8],[\"2026-04-15\",11.45],[\"2026-04-16\",11.5],[\"2026-04-17\",11.45],[\"2026-04-20\",11.15],[\"2026-04-21\",11.25],[\"2026-04-22\",11.15],[\"2026-04-23\",10.95],[\"2026-04-24\",10.7],[\"2026-04-27\",10.9],[\"2026-04-28\",10.85],[\"2026-04-29\",10.75],[\"2026-04-30\",10.7],[\"2026-05-04\",10.45],[\"2026-05-05\",10.45],[\"2026-05-06\",10.25],[\"2026-05-07\",10.4],[\"2026-05-08\",10.3],[\"2026-05-11\",10.2],[\"2026-05-12\",10.15],[\"2026-05-13\",10],[\"2026-05-14\",9.94],[\"2026-05-15\",9.72],[\"2026-05-18\",9.91],[\"2026-05-19\",10],[\"2026-05-20\",9.92],[\"2026-05-21\",10.1],[\"2026-05-22\",9.95],[\"2026-05-25\",10.05],[\"2026-05-26\",9.92],[\"2026-05-27\",9.86],[\"2026-05-28\",9.87],[\"2026-05-29\",10.2],[\"2026-06-01\",10.5],[\"2026-06-02\",10.9],[\"2026-06-03\",11.25],[\"2026-06-04\",11.2],[\"2026-06-05\",10.9],[\"2026-06-08\",10.55],[\"2026-06-09\",10.6],[\"2026-06-10\",10.55],[\"2026-06-11\",10.35],[\"2026-06-12\",10.4],[\"2026-06-15\",10.6],[\"2026-06-16\",10.4],[\"2026-06-17\",10.2],[\"2026-06-18\",10.35],[\"2026-06-22\",10.4],[\"2026-06-23\",10],[\"2026-06-24\",10.2],[\"2026-06-25\",10.3],[\"2026-06-26\",9.99],[\"2026-06-29\",9.99],[\"2026-06-30\",10.25],[\"2026-07-01\",10.3],[\"2026-07-02\",10.65],[\"2026-07-03\",11.2],[\"2026-07-06\",11.4],[\"2026-07-07\",10.95],[\"2026-07-08\",10.8],[\"2026-07-09\",10.45],[\"2026-07-13\",10.55],[\"2026-07-14\",10.4],[\"2026-07-15\",10.6],[\"2026-07-16\",11.1],[\"2026-07-17\",10.6],[\"2026-07-20\",10.4],[\"2026-07-21\",10.4],[\"2026-07-22\",10.5],[\"2026-07-23\",10.45],[\"2026-07-24\",10.35],[\"2026-07-27\",10.15],[\"2026-07-28\",9.9],[\"2026-07-29\",9.67],[\"2026-07-30\",9.65],[\"2026-07-31\",9.65],[\"2026-08-03\",9.54],[\"2026-08-04\",9.59],[\"2026-08-05\",9.77],[\"2026-08-06\",9.85],[\"2026-08-07\",9.98],[\"2026-08-10\",10.45],[\"2026-08-11\",10.4],[\"2026-08-12\",10.35],[\"2026-08-13\",10.2],[\"2026-08-14\",10.3],[\"2026-08-17\",10.4],[\"2026-08-18\",10.35],[\"2026-08-19\",10.3],[\"2026-08-20\",10.45],[\"2026-08-21\",10.65],[\"2026-08-24\",10.35],[\"2026-08-25\",10.2],[\"2026-08-26\",10.65],[\"2026-08-27\",10.45],[\"2026-08-28\",10.25],[\"2026-08-31\",10.45],[\"2026-09-01\",10.45],[\"2026-09-02\",10.45],[\"2026-09-03\",10.3],[\"2026-09-04\",10.3],[\"2026-09-07\",10.05],[\"2026-09-08\",10.1],[\"2026-09-09\",10.8],[\"2026-09-10\",10.6],[\"2026-09-11\",10.5],[\"2026-09-14\",10.3],[\"2026-09-15\",10.3],[\"2026-09-16\",10.45],[\"2026-09-17\",10.75],[\"2026-09-18\",10.55],[\"2026-09-21\",10.6],[\"2026-09-22\",10.6],[\"2026-09-23\",11.65],[\"2026-09-24\",11.15],[\"2026-09-29\",10.7],[\"2026-09-30\",11.15],[\"2026-10-01\",11],[\"2026-10-02\",11],[\"2026-10-05\",11.25],[\"2026-10-06\",11.25],[\"2026-10-07\",11.3],[\"2026-10-08\",11.6],[\"2026-10-12\",11.65],[\"2026-10-13\",11.65],[\"2026-10-14\",12.25],[\"2026-10-15\",11.95],[\"2026-10-16\",11.8],[\"2026-10-19\",11.5],[\"2026-10-20\",11.45],[\"2026-10-21\",11.45],[\"2026-10-22\",11.55],[\"2026-10-27\",11.2],[\"2026-10-28\",11.25],[\"2026-10-29\",11.1],[\"2026-10-30\",10.8],[\"2026-11-02\",10.75],[\"2026-11-03\",10.3],[\"2026-11-04\",10.6],[\"2026-11-05\",10.25],[\"2026-11-06\",9.89],[\"2026-11-09\",10],[\"2026-11-10\",10.1],[\"2026-11-11\",10.35],[\"2026-11-12\",10.1],[\"2026-11-13\",10.3]]}","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\u570b\u969b\u4e2d\u6a61\uff082104\uff09\u7684\u7372\u5229\u8ecc\u8de1\u3002<\/p>\n<p><strong>\u8fd1\u4e09\u5e74\u8667\u640d\u64f4\u5927\u3002<\/strong> \u6bcf\u80a1\u8667\u640d 0.51\u30012.80\u30014.28 \u5143\uff1b\u71df\u696d\u5229\u76ca 2023 \u5e74 1.51 \u5104\u5143\uff0c2024\u30012025 \u5e74\u5206\u5225\u70ba\u71df\u696d\u640d\u5931 5.74\u300122.35 \u5104\u5143\u3002<\/p>\n<p><strong>2026 \u5e74\u4e0a\u534a\u5e74\u6301\u7e8c\u8667\u640d\u3002<\/strong> \u5408\u4f75\u71df\u6536 67.60 \u5104\u5143\u3001\u5e74\u6e1b 18.1%\uff1b\u6bcf\u80a1\u8667\u640d 1.32 \u5143\uff08\u53bb\u5e74\u540c\u671f 0.53 \u5143\uff09\uff0c\u7b2c 1 \u5b63 0.81 \u5143\u3001\u7b2c 2 \u5b63 0.51 \u5143\u3002<\/p>\n<p><strong>\u7b2c 3 \u5b63\u71df\u6536\u3002<\/strong> 2026 \u5e74\u524d 9 \u500b\u6708\u7d2f\u8a08\u71df\u6536 105.64 \u5104\u5143\u3001\u5e74\u6e1b 12.1%\uff1b\u7b2c 3 \u5b63\u55ae\u5b63 38.04 \u5104\u5143\uff08\u5e74\u589e 0.9%\uff09\uff0c7 \u6708\u81f3 9 \u6708\u55ae\u6708\u5e74\u589e\u7387\u70ba -3.1%\u3001+0.3%\u3001+6.8%\u3002<\/p>\n<p><strong>\u5f8c\u7e8c\u7684\u9a57\u8b49\u9ede\u70ba\u78b3\u9ed1\u6bdb\u5229\u7387\u3002<\/strong> \u7b2c 2 \u5b63\u6bdb\u5229\u7387 \u22125.6%\uff08\u7b2c 1 \u5b63 \u221216.9%\uff09\uff1b\u6bdb\u5229\u7387\u80fd\u5426\u8f49\u6b63\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\":-4.3,\"label\":\"2025(A)\uff1a-4.3 \u5143\"}],\"rows\":[{\"order\":1,\"pe\":10.3,\"peLabel\":\"10 \u5143\",\"desc\":\"2026-11-13\",\"cells\":[{\"order\":1,\"price\":null,\"text\":\"\u8667\u640d\",\"hl\":false}]}]}}","ifam_val_range":"<p>\u76ee\u524d\u570b\u969b\u4e2d\u6a61\u80a1\u50f9\u7d04\u5728 10\u201315 \u5143\uff082026\/11\/13 \u6536\u76e4\u50f9 10 \u5143\uff09\u30022025 \u5e74\u6bcf\u80a1\u8667\u640d 4.28 \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 1.32 \u5143\uff08\u53bb\u5e74\u540c\u671f 0.53 \u5143\uff09\u30022026 \u5e74\u524d 9 \u500b\u6708\u7d2f\u8a08\u71df\u6536\u5e74\u6e1b 12.1%\u3002<\/p>\n","footnotes":""},"categories":[8],"tags":[],"ifam_industry":[32],"ifam_strategy":[],"class_list":["post-1245","post","type-post","status-publish","format-standard","hentry","category-stock","ifam_industry-rubber"],"_links":{"self":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/1245","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=1245"}],"version-history":[{"count":1,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/1245\/revisions"}],"predecessor-version":[{"id":1665,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/1245\/revisions\/1665"}],"wp:attachment":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/media?parent=1245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/categories?post=1245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/tags?post=1245"},{"taxonomy":"ifam_industry","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_industry?post=1245"},{"taxonomy":"ifam_strategy","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_strategy?post=1245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}