{"id":267,"date":"2026-10-30T10:17:14","date_gmt":"2026-10-30T02:17:14","guid":{"rendered":"https:\/\/ifa.ai\/research\/6805tt\/"},"modified":"2026-11-13T22:03:25","modified_gmt":"2026-11-13T14:03:25","slug":"6805tt","status":"publish","type":"post","link":"https:\/\/ifa.ai\/research\/6805tt\/","title":{"rendered":"[\u5bcc\u4e16\u9054 (6805)] \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\u5bcc\u4e16\u9054"},"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":"6805","ifam_company":"\u5bcc\u4e16\u9054","ifam_market":"\u53f0\u80a1","ifam_updated_at":"","ifam_business":"<p><strong>\u5bcc\u4e16\u9054\uff086805\uff09\u4e3b\u8981\u7684\u71df\u6536\u4f86\u6e90\u662f\u7cbe\u5bc6\u6a1e\u7d10\u8207\u9278\u934a\uff1a\u7b46\u8a18\u578b\u96fb\u8166\u7684\u8f49\u8ef8\u3001\u4ee5\u53ca\u53ef\u647a\u758a\u624b\u6a5f\u7684\u9278\u934a\u6a21\u7d44\uff0c\u8ce3\u7d66\u54c1\u724c\u5ee0\u8207\u4ee3\u5de5\u5ee0\u3002<\/strong><\/p>\n<p>\u5bcc\u4e16\u9054\u7684\u8ca1\u5831\u6c92\u6709\u63d0\u4f9b\u71df\u6536\u62c6\u5206\u2014\u2014\u516c\u53f8\u6309\u7522\u54c1\u61c9\u7528\u7aef\u5206\u70ba\u96fb\u8166\u96f6\u7d44\u4ef6\u8207\u624b\u6a5f\u96f6\u7d44\u4ef6\u5169\u985e\u696d\u52d9\uff0c\u4f46\u5169\u8005\u7684\u6bdb\u5229\u7387\u8207\u6210\u672c\u7387\u76f8\u4f3c\u3001\u7b26\u5408\u5f59\u7e3d\u689d\u4ef6\uff0c\u6240\u4ee5\u8ca1\u5831\u53ea\u63ed\u9732\u55ae\u4e00\u61c9\u5831\u5c0e\u90e8\u9580\u3002\u5730\u5340\u5225\u50c5\u63ed\u9732\u5e74\u5ea6\u6578\u5b57\uff1a2025 \u5e74\u5ea6\u4e9e\u6d32\u5360 96.7%\u3001\u7f8e\u6d32 2.4%\u3001\u6b50\u6d32 0.9%\uff08\u5ba2\u6236\u4ee5\u4e9e\u6d32\u7684\u7d44\u88dd\u5ee0\u70ba\u6536\u6b3e\u5c0d\u8c61\uff0c\u7d42\u7aef\u54c1\u724c\u4e0d\u4e00\u5b9a\u5728\u4e9e\u6d32\uff09\u3002\u71df\u6536\u6210\u9577\u5f88\u5feb\uff1a2025 \u5e74\u5408\u4f75\u71df\u6536 124.1 \u5104\u5143\uff08+51.6%\uff09\uff0c2026 \u5e74\u4e0a\u534a\u5e74 79.2 \u5104\u5143\uff08+62.6%\uff09\u3002<\/p>\n<p>\u7372\u5229\u7684\u6539\u5584\u5e45\u5ea6\u5927\u65bc\u71df\u6536\uff1a\u55ae\u5b63\u6bdb\u5229\u7387\u7531 2025 \u5e74\u7b2c 2 \u5b63\u7684 24.1% \u5347\u81f3 2026 \u5e74\u7b2c 2 \u5b63\u7684 34.0%\uff0c\u540c\u671f\u6de8\u5229\u7387\u7531 12.6% \u5347\u81f3 22.7%\uff0c\u55ae\u5b63\u6bcf\u80a1\u76c8\u9918\u7531 4.81 \u5143\u5347\u81f3 12.37 \u5143\u3002\u6a1e\u7d10\u662f\u7cbe\u5bc6\u52a0\u5de5\u8207\u7d44\u88dd\u7684\u751f\u610f\uff0c\u6a21\u5177\u8207\u88fd\u7a0b\u7684\u826f\u7387\u4e00\u4e0a\u4f86\uff0c\u7372\u5229\u7684\u5f48\u6027\u76f8\u7576\u5927\u3002<\/p>\n<p>\u516c\u53f8\u6210\u7acb\u65bc 2006 \u5e74\uff0c2024 \u5e74 1 \u6708\u5728\u53f0\u7063\u4e0a\u5e02\u3002\u9019\u9580\u751f\u610f\u7684\u4f4d\u7f6e\u5efa\u7acb\u5728\u300c\u6a5f\u69cb\u4ef6\u7684\u8a2d\u8a08\u8981\u8207\u7d42\u7aef\u7522\u54c1\u540c\u6b65\u958b\u767c\u300d\uff1a\u647a\u758a\u624b\u6a5f\u7684\u9278\u934a\u727d\u52d5\u6574\u6a5f\u7684\u539a\u5ea6\u3001\u8010\u7528\u5ea6\u8207\u53ef\u9760\u6027\uff0c\u4e00\u65e6\u9032\u5165\u67d0\u500b\u6a5f\u578b\u7684\u8a2d\u8a08\u5c31\u6703\u5ef6\u7e8c\u6574\u500b\u7522\u54c1\u9031\u671f\uff1b\u4f46\u76f8\u5c0d\u7684\uff0c\u71df\u6536\u4e5f\u5b8c\u5168\u62bc\u5728\u5c11\u6578\u6a5f\u578b\u7684\u92b7\u91cf\u4e0a\u3002\u8981\u7559\u610f\u516c\u53f8\u767c\u884c\u80a1\u6578\u56e0 2024 \u5e74\u4e0a\u5e02\u7684\u73fe\u91d1\u589e\u8cc7\u589e\u52a0\u7d04 13%\uff0c\u6bd4\u8f03 2023 \u5e74\u4ee5\u524d\u7684\u6bcf\u80a1\u76c8\u9918\u6642\u57fa\u790e\u4e26\u4e0d\u76f8\u540c\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\",\"14,076\",\"9,743\",\"6,328\"],[\"12\u6708\",\"\uff0d\",\"1,188\",\"852\"],[\"11\u6708\",\"\uff0d\",\"1,483\",\"1,007\"],[\"10\u6708\",\"1,650\",\"1,305\",\"910\"],[\"9\u6708\",\"1,613\",\"1,221\",\"771\"],[\"8\u6708\",\"1,528\",\"1,183\",\"601\"],[\"7\u6708\",\"1,360\",\"1,162\",\"615\"],[\"6\u6708\",\"1,206\",\"909\",\"612\"],[\"5\u6708\",\"1,180\",\"860\",\"500\"],[\"4\u6708\",\"1,353\",\"851\",\"606\"],[\"3\u6708\",\"1,600\",\"821\",\"604\"],[\"2\u6708\",\"1,179\",\"780\",\"509\"],[\"1\u6708\",\"1,404\",\"651\",\"598\"]]},{\"key\":\"quarter\",\"label\":\"\u5b63\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026Q3\",\"2026Q2\",\"2026Q1\",\"2025Q4\",\"2025Q3\",\"2025Q2\",\"2025Q1\",\"2024Q4\"],\"rows\":[[\"\u71df\u6536\",\"4,502\",\"3,740\",\"4,184\",\"3,976\",\"3,566\",\"2,620\",\"2,252\",\"2,770\"],[\"\u5e74\u589e\u7387\",\"+26.2%\",\"+42.7%\",\"+85.8%\",\"+43.6%\",\"+79.3%\",\"+52.4%\",\"+31.6%\",\"+55.8%\"],[\"\u5b63\u589e\u7387\",\"+20.4%\",\"-10.6%\",\"+5.2%\",\"+11.5%\",\"+36.1%\",\"+16.4%\",\"-18.7%\",\"+39.3%\"]]},{\"key\":\"half\",\"label\":\"\u534a\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026H1\",\"2025H2\",\"2025H1\",\"2024H2\",\"2024H1\"],\"rows\":[[\"\u71df\u6536\",\"7,924\",\"7,542\",\"4,872\",\"4,758\",\"3,430\"],[\"\u5e74\u589e\u7387\",\"+62.6%\",\"+58.5%\",\"+42.1%\",\"+42.4%\",\"+49.0%\"],[\"\u534a\u5e74\u589e\u7387\",\"+5.1%\",\"+54.8%\",\"+2.4%\",\"+38.7%\",\"+2.6%\"]]},{\"key\":\"year\",\"label\":\"\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026 (1~10\u6708)\",\"2025\",\"2024\"],\"rows\":[[\"\u71df\u6536\",\"14,076\",\"12,414\",\"8,188\"],[\"\u5e74\u589e\u7387\",\"+44.5%\",\"+51.6%\",\"+45.1%\"]]}]}","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\",\"3,976\",\"2,770\",\"1,778\",\"1,211\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"1,155\",\"532\",\"436\",\"359\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"869\",\"343\",\"311\",\"279\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"752\",\"413\",\"176\",\"150\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"10.95\",\"6.02\",\"2.70\",\"2.48\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"29.0%\",\"19.2%\",\"24.5%\",\"29.7%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"21.9%\",\"12.4%\",\"17.5%\",\"23.0%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"18.9%\",\"14.9%\",\"9.9%\",\"12.4%\"]]},{\"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\",\"12,414\",\"8,188\",\"5,644\",\"5,014\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"3,270\",\"1,827\",\"1,318\",\"1,166\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"2,524\",\"1,197\",\"881\",\"775\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"2,125\",\"1,227\",\"628\",\"564\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"30.98\",\"17.89\",\"10.17\",\"9.31\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"26.3%\",\"22.3%\",\"23.3%\",\"23.3%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"20.3%\",\"14.6%\",\"15.6%\",\"15.5%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"17.1%\",\"15.0%\",\"11.1%\",\"11.3%\"]]}]},{\"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\",\"4,502\",\"3,566\",\"1,988\",\"1,564\",\"1,092\"],[\"\u71df\u696d\u6bdb\u5229\",\"1,712\",\"986\",\"484\",\"362\",\"210\"],[\"\u71df\u696d\u5229\u76ca\",\"1,460\",\"793\",\"332\",\"250\",\"97\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"1,242\",\"687\",\"334\",\"198\",\"120\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"18.10\",\"10.02\",\"4.87\",\"3.27\",\"1.99\"],[\"\u6bdb\u5229\u7387\",\"38.0%\",\"27.7%\",\"24.3%\",\"23.2%\",\"19.2%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"32.4%\",\"22.2%\",\"16.7%\",\"16.0%\",\"8.8%\"],[\"\u6de8\u5229\u7387\",\"27.6%\",\"19.3%\",\"16.8%\",\"12.6%\",\"11.0%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~9\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"12,425\",\"8,438\",\"5,418\",\"3,866\",\"3,803\"],[\"\u71df\u696d\u6bdb\u5229\",\"4,337\",\"2,115\",\"1,295\",\"882\",\"807\"],[\"\u71df\u696d\u5229\u76ca\",\"3,624\",\"1,655\",\"854\",\"569\",\"496\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"3,008\",\"1,374\",\"814\",\"452\",\"414\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"43.85\",\"20.03\",\"11.87\",\"7.47\",\"6.83\"],[\"\u6bdb\u5229\u7387\",\"34.9%\",\"25.1%\",\"23.9%\",\"22.8%\",\"21.2%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"29.2%\",\"19.6%\",\"15.8%\",\"14.7%\",\"13.0%\"],[\"\u6de8\u5229\u7387\",\"24.2%\",\"16.3%\",\"15.0%\",\"11.7%\",\"10.9%\"]]}]},{\"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\",\"3,740\",\"2,620\",\"1,719\",\"1,415\",\"1,171\"],[\"\u71df\u696d\u6bdb\u5229\",\"1,273\",\"631\",\"398\",\"314\",\"252\"],[\"\u71df\u696d\u5229\u76ca\",\"1,043\",\"497\",\"253\",\"203\",\"156\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"849\",\"330\",\"256\",\"178\",\"128\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"12.37\",\"4.81\",\"3.74\",\"2.95\",\"2.11\"],[\"\u6bdb\u5229\u7387\",\"34.0%\",\"24.1%\",\"23.1%\",\"22.2%\",\"21.5%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"27.9%\",\"19.0%\",\"14.7%\",\"14.3%\",\"13.4%\"],[\"\u6de8\u5229\u7387\",\"22.7%\",\"12.6%\",\"14.9%\",\"12.6%\",\"10.9%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~6\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"7,924\",\"4,872\",\"3,430\",\"2,302\",\"2,711\"],[\"\u71df\u696d\u6bdb\u5229\",\"2,625\",\"1,129\",\"811\",\"520\",\"596\"],[\"\u71df\u696d\u5229\u76ca\",\"2,164\",\"862\",\"522\",\"319\",\"399\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"1,766\",\"687\",\"480\",\"254\",\"294\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"25.75\",\"10.01\",\"7.00\",\"4.21\",\"4.86\"],[\"\u6bdb\u5229\u7387\",\"33.1%\",\"23.2%\",\"23.7%\",\"22.6%\",\"22.0%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"27.3%\",\"17.7%\",\"15.2%\",\"13.9%\",\"14.7%\"],[\"\u6de8\u5229\u7387\",\"22.3%\",\"14.1%\",\"14.0%\",\"11.1%\",\"10.8%\"]]}]},{\"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\",\"4,184\",\"2,252\",\"1,711\",\"887\",\"1,539\"],[\"\u71df\u696d\u6bdb\u5229\",\"1,352\",\"498\",\"414\",\"206\",\"344\"],[\"\u71df\u696d\u5229\u76ca\",\"1,120\",\"366\",\"270\",\"116\",\"243\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"917\",\"357\",\"224\",\"76\",\"166\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"13.38\",\"5.20\",\"3.27\",\"1.26\",\"2.75\"],[\"\u6bdb\u5229\u7387\",\"32.3%\",\"22.1%\",\"24.2%\",\"23.2%\",\"22.4%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"26.8%\",\"16.2%\",\"15.8%\",\"13.1%\",\"15.8%\"],[\"\u6de8\u5229\u7387\",\"21.9%\",\"15.8%\",\"13.1%\",\"8.6%\",\"10.8%\"]]}]}]}","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\",\"38.0%\",\"34.0%\",\"32.3%\",\"29.0%\",\"27.7%\",\"24.1%\",\"22.1%\",\"19.2%\"],[\"\u6de8\u5229\u7387\",\"27.6%\",\"22.7%\",\"21.9%\",\"18.9%\",\"19.3%\",\"12.6%\",\"15.8%\",\"14.9%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"39.4%\",\"31.6%\",\"35.0%\",\"34.2%\",\"34.3%\",\"21.5%\",\"15.6%\",\"18.8%\"],[\"ROCE*\",\"64.5%\",\"50.3%\",\"58.6%\",\"49.4%\",\"52.5%\",\"26.4%\",\"27.4%\",\"31.8%\"]]},{\"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\",\"+26.2%\",\"+42.7%\",\"+85.8%\",\"+43.6%\",\"+79.3%\",\"+52.4%\",\"+31.6%\",\"+55.8%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+80.8%\",\"+157.0%\",\"+157.3%\",\"+82.0%\",\"+105.6%\",\"+28.9%\",\"+59.2%\",\"+135.1%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+512.8%\",\"+235.4%\",\"+517.9%\",\"+221.7%\",\"+104.5%\",\"-45.6%\",\"-76.9%\",\"+11.4%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+160.8%\",\"+303.2%\",\"+2471.0%\",\"+341.2%\",\"+89.9%\",\"-52.7%\",\"-105.2%\",\"-11.8%\"]]},{\"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\",\"21.7\",\"21.7\",\"19.0\",\"21.0\",\"19.8\",\"17.0\",\"51.3\",\"51.9\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"85.5\",\"88.3\",\"84.2\",\"80.2\",\"83.7\",\"122.9\",\"153.4\",\"89.3\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"96.1\",\"91.7\",\"93.4\",\"87.4\",\"71.5\",\"82.0\",\"137.0\",\"103.3\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"11.1\",\"18.3\",\"9.8\",\"13.8\",\"31.9\",\"57.9\",\"67.7\",\"37.9\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"2.04\",\"2.11\",\"1.84\",\"1.97\",\"2.02\",\"2.01\",\"1.75\",\"1.79\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.68\",\"1.80\",\"1.52\",\"1.59\",\"1.59\",\"1.51\",\"1.29\",\"1.34\"]]}]},{\"key\":\"year\",\"label\":\"\u5e74\u5ea6\",\"tables\":[{\"title\":\"\u7372\u5229\u80fd\u529b\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u6bdb\u5229\u7387\",\"26.3%\",\"22.3%\",\"23.3%\",\"23.3%\",\"23.8%\"],[\"\u6de8\u5229\u7387\",\"17.1%\",\"15.0%\",\"11.1%\",\"11.3%\",\"10.6%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"23.8%\",\"16.8%\",\"18.0%\",\"22.1%\",\"31.1%\"],[\"ROCE*\",\"36.4%\",\"26.6%\",\"23.2%\",\"29.5%\",\"40.6%\"]]},{\"title\":\"\u6210\u9577\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"+51.6%\",\"+45.1%\",\"+12.6%\",\"-0.1%\",\"+125.8%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+73.2%\",\"+95.5%\",\"+11.3%\",\"+5.8%\",\"+153.3%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+39.9%\",\"+15.6%\",\"-47.4%\",\"+379.3%\",\"+296.4%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+91.5%\",\"-15.9%\",\"-53.8%\",\"+721.1%\",\"+169.4%\"]]},{\"title\":\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"39.3\",\"76.4\",\"61.4\",\"27.9\",\"20.2\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"109.7\",\"111.9\",\"79.3\",\"94.5\",\"127.1\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"125.5\",\"148.8\",\"120.3\",\"92.7\",\"106.7\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"23.6\",\"39.5\",\"20.4\",\"29.7\",\"40.5\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.97\",\"1.79\",\"2.21\",\"1.95\",\"2.20\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.59\",\"1.34\",\"1.95\",\"1.63\",\"1.64\"]]}]}]}","ifam_chips":"{\"date\":\"2026-11-12\",\"label\":\"11\/12\u7576\u65e5\",\"volume_lot\":\"1,581\",\"avg_price\":\"2028.14\",\"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 2028.14 \u5143\u63a8\u7b97\uff1b\u7576\u65e5\u7e3d\u6210\u4ea4\u91cf 1,581 \u5f35\u3002\",\"groups\":[{\"name\":\"\u5916\u8cc7\",\"dir\":\"down\",\"streak\":\"\u90235\u8cb7\u2192\u90234\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"584\",\"624\",\"-40\"],[\"\u91d1\u984d(\u5143)\",\"11.8\u5104\",\"12.7\u5104\",\"-8,166\u842c\"],[\"\u5747\u50f9(\u5143)\",\"2028.14\",\"2028.14\",\"2028.14\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"37.0%\",\"39.5%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u6295\u4fe1\",\"dir\":\"up\",\"streak\":\"\u90235\u8ce3\u2192\u902318\u8cb7\",\"rows\":[[\"\u5f35\u6578\",\"35\",\"0\",\"+35\"],[\"\u91d1\u984d(\u5143)\",\"7,099\u842c\",\"0\u842c\",\"7,099\u842c\"],[\"\u5747\u50f9(\u5143)\",\"2028.14\",\"2028.14\",\"2028.14\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"2.2%\",\"0.0%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u81ea\u71df\u5546\",\"dir\":\"up\",\"streak\":\"\u90232\u8ce3\u2192\u8cb7\",\"rows\":[[\"\u5f35\u6578\",\"27\",\"22\",\"+4\"],[\"\u91d1\u984d(\u5143)\",\"5,389\u842c\",\"4,487\u842c\",\"902\u842c\"],[\"\u5747\u50f9(\u5143)\",\"2028.14\",\"2028.14\",\"2028.14\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"1.7%\",\"1.4%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u4e09\u5927\u6cd5\u4eba\",\"dir\":\"down\",\"streak\":\"\u90232\u8cb7\u2192\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"646\",\"646\",\"-1\"],[\"\u91d1\u984d(\u5143)\",\"13.1\u5104\",\"13.1\u5104\",\"-165\u842c\"],[\"\u5747\u50f9(\u5143)\",\"2028.14\",\"2028.14\",\"2028.14\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"40.8%\",\"40.9%\",\"\u4e0d\u9069\u7528\"]]}]}","ifam_candle":"{\"date\":\"2026-11-13\",\"label\":\"11\/13\",\"today\":[],\"recent\":[{\"rule\":\"4-4\",\"name\":\"\u591a\u982d\u5341\u5b57\u661f\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u591a\u982d\u5341\u5b57\u661f\uff0c\u4f46\u7576\u65e5\u6c92\u6709\u9577\u7d05K\u8ddf\u9032\u3002\u591a\u7a7a\u50f5\u6301\u9084\u6c92\u6709\u7d50\u679c\uff0c\u80a1\u50f9\u65b9\u5411\u4ecd\u4e0d\u660e\u6717\u3002\",\"date\":\"11\/09\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"rule\":\"4-1\",\"name\":\"\u591a\u982d\u5341\u5b57\u661f\",\"level\":\"\u9810\u8b66\",\"dir\":\"up\",\"text\":\"\u9577\u9ed1K\u4e4b\u5f8c\u8df3\u7a7a\u958b\u4f4e\uff0c\u6536\u6210\u5341\u5b57\u7dda\u3002\u8ce3\u65b9\u63a8\u4e0d\u4e0b\u53bb\u3001\u8cb7\u65b9\u4e5f\u9084\u6c92\u63a5\u624b\uff0c\u591a\u7a7a\u9677\u5165\u50f5\u6301\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\":\"2-5\",\"name\":\"\u4e09\u5916\u90e8\u4e0b\u8dcc\",\"level\":\"\u5df2\u78ba\u8a8d\",\"dir\":\"down\",\"text\":\"\u7a7a\u982d\u541e\u566c\u51fa\u73fe\u5f8c\uff0c\u9694\u65e5\u518d\u6536\u4e00\u6839\u66f4\u4f4e\u7684\u9ed1K\u3002\u8ce3\u58d3\u4e0d\u662f\u53ea\u6709\u4e00\u5929\uff0c\u5148\u524d\u7684\u8f49\u5f31\u8a0a\u865f\u7372\u5f97\u78ba\u8a8d\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\":\"10\/30\",\"dir_word\":\"\u504f\u7a7a\"},{\"rule\":\"2-4\",\"name\":\"\u7a7a\u982d\u541e\u566c\",\"level\":\"\u9810\u8b66\",\"dir\":\"down\",\"text\":\"\u80a1\u50f9\u4e0a\u6f32\u4e00\u6bb5\u5f8c\uff0c\u7576\u65e5\u9ed1K\u7684\u5be6\u9ad4\u628a\u524d\u4e00\u65e5\u7684\u7d05K\u6574\u6839\u5305\u4f4f\u3002\u8ce3\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\u7531\u6f32\u8f49\u8dcc\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"10\/29\",\"dir_word\":\"\u504f\u7a7a\"},{\"rule\":\"2-5\",\"name\":\"\u4e09\u5916\u90e8\u4e0b\u8dcc\",\"level\":\"\u5df2\u78ba\u8a8d\",\"dir\":\"down\",\"text\":\"\u7a7a\u982d\u541e\u566c\u51fa\u73fe\u5f8c\uff0c\u9694\u65e5\u518d\u6536\u4e00\u6839\u66f4\u4f4e\u7684\u9ed1K\u3002\u8ce3\u58d3\u4e0d\u662f\u53ea\u6709\u4e00\u5929\uff0c\u5148\u524d\u7684\u8f49\u5f31\u8a0a\u865f\u7372\u5f97\u78ba\u8a8d\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\":\"10\/27\",\"dir_word\":\"\u504f\u7a7a\"},{\"rule\":\"2-4\",\"name\":\"\u7a7a\u982d\u541e\u566c\",\"level\":\"\u9810\u8b66\",\"dir\":\"down\",\"text\":\"\u80a1\u50f9\u4e0a\u6f32\u4e00\u6bb5\u5f8c\uff0c\u7576\u65e5\u9ed1K\u7684\u5be6\u9ad4\u628a\u524d\u4e00\u65e5\u7684\u7d05K\u6574\u6839\u5305\u4f4f\u3002\u8ce3\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\u7531\u6f32\u8f49\u8dcc\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"10\/22\",\"dir_word\":\"\u504f\u7a7a\"},{\"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\/21\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"rule\":\"1-4\",\"name\":\"\u7a7a\u982d\u6bcd\u5b50\u7dda\",\"level\":\"\u9810\u8b66\",\"dir\":\"down\",\"text\":\"\u80a1\u50f9\u4e0a\u6f32\u4e00\u6bb5\u5f8c\uff0c\u9577\u7d05K\u7684\u9694\u65e5\u51fa\u73fe\u4e00\u6839\u5c0fK\u7dda\uff0c\u800c\u4e14\u6c92\u6709\u518d\u5275\u65b0\u9ad8\u3002\u8ffd\u50f9\u7684\u529b\u9053\u66ab\u6642\u505c\u4e86\u4e0b\u4f86\uff0c\u4f46\u53ea\u4ee3\u8868\u6f32\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\u7531\u6f32\u8f49\u8dcc\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"10\/20\",\"dir_word\":\"\u504f\u7a7a\"}],\"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\":[\"114\",\"1\"]},{\"k\":\"\u8ce3\u51fa\",\"v\":[\"286\",\"3\"]},{\"k\":\"\u73fe\u511f\",\"v\":[\"2\",\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"-174\",\"+2\"],\"t\":[\"down\",\"up\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"2,188\",\"15\"]},{\"k\":\"\u4f7f\u7528\u7387\",\"v\":[\"12.8%\",\"0.1%\"]},{\"k\":\"\u9023\u589e\u9023\u6e1b\",\"v\":[\"\u589e\u2192\u6e1b\",\"\u6e1b\u2192\u90232\u589e\"],\"t\":[\"down\",\"up\"]},{\"k\":\"\u8cc7\u5238\u4e92\u62b5\",\"v\":[\"\",\"14\"]},{\"k\":\"\u8cc7\u5238\u7576\u6c96\",\"v\":[\"\",\"0.9%\"]},{\"k\":\"\u5238\u8cc7\u6bd4\",\"v\":[\"\",\"0.7%\"]}]},{\"head\":[\"11\/12\u7576\u65e5\",\"\u501f\u5238\u8ce3\u51fa(\u5f35)\"],\"rows\":[{\"k\":\"\u8ce3\u51fa\",\"v\":[\"26\"]},{\"k\":\"\u9084\u5238\",\"v\":[\"0\"]},{\"k\":\"\u8abf\u6574\",\"v\":[\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"+26\"],\"t\":[\"up\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"958\"]},{\"k\":\"\u6b21\u65e5\u9650\u984d\",\"v\":[\"51\"]}]}],\"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\",\"8,188\",\"12,414\",\"\",\"\",\"\"],[\"\u71df\u696d\u6bdb\u5229\",\"1,827\",\"3,270\",\"\",\"\",\"\"],[\"\u71df\u696d\u5229\u76ca\",\"1,197\",\"2,524\",\"\",\"\",\"\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"1,227\",\"2,125\",\"\",\"\",\"\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"17.89\",\"30.98\",\"\",\"\",\"\"],[\"\u6bdb\u5229\u7387\",\"22.3%\",\"26.3%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u7387\",\"15.0%\",\"17.1%\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u589e\u7387 (YoY,%)\",\"45.1%\",\"51.6%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u5e74\u589e\u7387 (YoY,%)\",\"95.5%\",\"73.2%\",\"\",\"\",\"\"]],\"notes\":[\"\u8a3b\uff1a\u7a05\u5f8c\u6de8\u5229\uff0f\u6de8\u5229\u7387\u63a1\u300c\u6b78\u5c6c\u6bcd\u516c\u53f8\u696d\u4e3b\u6de8\u5229\u300d\u3002\",\"\uff0a\u57fa\u672c\u6bcf\u80a1\u76c8\u9918\u8207\u7a00\u91cb\u6bcf\u80a1\u76c8\u9918\u4e0d\u540c\uff0c\u8868\u5217\u70ba\u7a00\u91cb\u6bcf\u80a1\u76c8\u9918\uff1b\u57fa\u672c\u6bcf\u80a1\u76c8\u9918\uff1a2024 (A) 17.90\u30012025 (A) 31.00\u30012025 Q2 4.82\u30012025 Q3 10.02\u30012025 Q4 10.96\u30012026 Q1 13.38\u30012026 Q2 12.39\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\",\"2,620\",\"3,566\",\"3,976\",\"4,184\",\"3,740\"],[\"\u71df\u696d\u6bdb\u5229\",\"631\",\"986\",\"1,155\",\"1,352\",\"1,273\"],[\"\u71df\u696d\u5229\u76ca\",\"497\",\"793\",\"869\",\"1,120\",\"1,043\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"330\",\"687\",\"752\",\"917\",\"849\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"4.81\",\"10.02\",\"10.95\",\"13.38\",\"12.37\"]],\"notes\":[]},{\"title\":\"\u95dc\u9375\u8ca1\u52d9\u6307\u6a19\",\"header\":[null,\"2025 Q2\",\"2025 Q3\",\"2025 Q4\",\"2026 Q1\",\"2026 Q2\"],\"rows\":[[\"\u7372\u5229\u80fd\u529b\",\"\",\"\",\"\",\"\",\"\"],[\"\u6bdb\u5229\u7387\",\"24.1%\",\"27.7%\",\"29.0%\",\"32.3%\",\"34.0%\"],[\"\u6de8\u5229\u7387\",\"12.6%\",\"19.3%\",\"18.9%\",\"21.9%\",\"22.7%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"21.5%\",\"34.3%\",\"34.2%\",\"35.0%\",\"31.6%\"],[\"ROCE*\",\"26.4%\",\"52.5%\",\"49.4%\",\"58.6%\",\"50.3%\"],[\"\u6210\u9577\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"+52.4%\",\"+79.3%\",\"+43.6%\",\"+85.8%\",\"+42.7%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+28.9%\",\"+105.6%\",\"+82.0%\",\"+157.3%\",\"+157.0%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-45.6%\",\"+104.5%\",\"+221.7%\",\"+517.9%\",\"+235.4%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-52.7%\",\"+89.9%\",\"+341.2%\",\"+2471.0%\",\"+303.2%\"],[\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"17.0\",\"19.8\",\"21.0\",\"19.0\",\"21.7\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"122.9\",\"83.7\",\"80.2\",\"84.2\",\"88.3\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"82.0\",\"71.5\",\"87.4\",\"93.4\",\"91.7\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"57.9\",\"31.9\",\"13.8\",\"9.8\",\"18.3\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"2.01\",\"2.02\",\"1.97\",\"1.84\",\"2.11\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.51\",\"1.59\",\"1.59\",\"1.52\",\"1.80\"]],\"notes\":[]}]","ifam_fin_note":"","ifam_metrics_note":"","ifam_price":"{\"symbol\":\"6805\",\"name\":\"\u5bcc\u4e16\u9054\",\"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\":1975,\"open\":2050,\"high\":2150,\"low\":1965,\"prev_close\":1980,\"change\":-5,\"change_pct\":-0.25,\"range\":185,\"amount\":\"35.65 \u5104\u5143\",\"volume\":1733,\"avg_volume_3m\":1709,\"market_cap\":\"1,354 \u5104\u5143\",\"shares\":\"6,855 \u842c\u80a1\"},\"annual\":[{\"year\":2026,\"pct\":22.39,\"ytd\":true},{\"year\":2025,\"pct\":102.16},{\"year\":2024,\"pct\":113.34}],\"series\":[[\"2025-11-13\",1484.62],[\"2025-11-14\",1454.83],[\"2025-11-17\",1484.62],[\"2025-11-18\",1425.03],[\"2025-11-19\",1469.72],[\"2025-11-20\",1439.93],[\"2025-11-21\",1335.66],[\"2025-11-24\",1330.69],[\"2025-11-25\",1360.49],[\"2025-11-26\",1434.97],[\"2025-11-27\",1549.17],[\"2025-11-28\",1559.1],[\"2025-12-01\",1573.99],[\"2025-12-02\",1539.24],[\"2025-12-03\",1583.92],[\"2025-12-04\",1524.34],[\"2025-12-05\",1539.24],[\"2025-12-08\",1559.1],[\"2025-12-09\",1494.55],[\"2025-12-10\",1524.34],[\"2025-12-11\",1578.96],[\"2025-12-12\",1593.85],[\"2025-12-15\",1539.24],[\"2025-12-16\",1469.72],[\"2025-12-17\",1439.93],[\"2025-12-18\",1439.93],[\"2025-12-19\",1534.27],[\"2025-12-22\",1534.27],[\"2025-12-23\",1588.89],[\"2025-12-24\",1573.99],[\"2025-12-26\",1593.85],[\"2025-12-29\",1603.78],[\"2025-12-30\",1613.72],[\"2025-12-31\",1613.72],[\"2026-01-02\",1524.34],[\"2026-01-05\",1479.65],[\"2026-01-06\",1459.79],[\"2026-01-07\",1395.24],[\"2026-01-08\",1355.52],[\"2026-01-09\",1355.52],[\"2026-01-12\",1320.76],[\"2026-01-13\",1286.01],[\"2026-01-14\",1290.97],[\"2026-01-15\",1271.11],[\"2026-01-16\",1310.83],[\"2026-01-19\",1271.11],[\"2026-01-20\",1276.08],[\"2026-01-21\",1276.08],[\"2026-01-22\",1400.21],[\"2026-01-23\",1370.42],[\"2026-01-26\",1400.21],[\"2026-01-27\",1410.14],[\"2026-01-28\",1479.65],[\"2026-01-29\",1474.69],[\"2026-01-30\",1415.1],[\"2026-02-02\",1395.24],[\"2026-02-03\",1524.34],[\"2026-02-04\",1514.41],[\"2026-02-05\",1539.24],[\"2026-02-06\",1534.27],[\"2026-02-09\",1539.24],[\"2026-02-10\",1569.03],[\"2026-02-11\",1534.27],[\"2026-02-23\",1469.72],[\"2026-02-24\",1469.72],[\"2026-02-25\",1544.2],[\"2026-02-26\",1698.12],[\"2026-03-02\",1732.88],[\"2026-03-03\",1747.78],[\"2026-03-04\",1633.58],[\"2026-03-05\",1703.09],[\"2026-03-06\",1832.19],[\"2026-03-09\",1653.44],[\"2026-03-10\",1737.85],[\"2026-03-11\",1852.05],[\"2026-03-12\",1827.22],[\"2026-03-13\",1742.81],[\"2026-03-16\",1737.85],[\"2026-03-17\",1732.88],[\"2026-03-18\",1827.22],[\"2026-03-19\",1961.28],[\"2026-03-20\",1986.11],[\"2026-03-23\",1852.05],[\"2026-03-24\",1822.26],[\"2026-03-25\",1891.77],[\"2026-03-26\",1891.77],[\"2026-03-27\",1891.77],[\"2026-03-30\",1817.29],[\"2026-03-31\",1737.85],[\"2026-04-01\",1911.63],[\"2026-04-02\",1871.91],[\"2026-04-07\",1837.15],[\"2026-04-08\",1876.87],[\"2026-04-09\",1827.22],[\"2026-04-10\",1852.05],[\"2026-04-13\",1752.74],[\"2026-04-14\",1717.99],[\"2026-04-15\",1812.33],[\"2026-04-16\",1886.81],[\"2026-04-17\",1857.01],[\"2026-04-20\",1881.84],[\"2026-04-21\",1901.7],[\"2026-04-22\",1971.22],[\"2026-04-23\",1896.74],[\"2026-04-24\",1901.7],[\"2026-04-27\",2055.62],[\"2026-04-28\",2070.52],[\"2026-04-29\",2055.62],[\"2026-04-30\",2055.62],[\"2026-05-04\",2199.62],[\"2026-05-05\",1981.15],[\"2026-05-06\",1866.94],[\"2026-05-07\",1906.67],[\"2026-05-08\",1966.25],[\"2026-05-11\",1981.15],[\"2026-05-12\",1837.15],[\"2026-05-13\",1817.29],[\"2026-05-14\",1767.64],[\"2026-05-15\",1722.95],[\"2026-05-18\",1722.95],[\"2026-05-19\",1757.71],[\"2026-05-20\",1708.06],[\"2026-05-21\",1797.43],[\"2026-05-22\",1782.53],[\"2026-05-25\",1732.88],[\"2026-05-26\",1772.6],[\"2026-05-27\",1727.92],[\"2026-05-28\",1752.74],[\"2026-05-29\",1916.6],[\"2026-06-01\",2105.28],[\"2026-06-02\",2174.79],[\"2026-06-03\",2070.52],[\"2026-06-04\",1971.22],[\"2026-06-05\",1936.46],[\"2026-06-08\",1881.84],[\"2026-06-09\",1936.46],[\"2026-06-10\",1742.81],[\"2026-06-11\",1737.85],[\"2026-06-12\",1812.33],[\"2026-06-15\",1722.95],[\"2026-06-16\",1713.02],[\"2026-06-17\",1703.09],[\"2026-06-18\",1742.81],[\"2026-06-22\",1807.36],[\"2026-06-23\",1752.74],[\"2026-06-24\",1792.47],[\"2026-06-25\",1737.85],[\"2026-06-26\",1628.61],[\"2026-06-29\",1613.72],[\"2026-06-30\",1668.33],[\"2026-07-01\",1688.19],[\"2026-07-02\",1658.4],[\"2026-07-03\",1618.68],[\"2026-07-06\",1559.1],[\"2026-07-07\",1479.65],[\"2026-07-08\",1385.31],[\"2026-07-09\",1449.86],[\"2026-07-13\",1400.21],[\"2026-07-14\",1310.83],[\"2026-07-15\",1385.31],[\"2026-07-16\",1405.17],[\"2026-07-17\",1335.66],[\"2026-07-20\",1295.94],[\"2026-07-21\",1405.17],[\"2026-07-22\",1385.31],[\"2026-07-23\",1444.9],[\"2026-07-24\",1400.21],[\"2026-07-27\",1444.9],[\"2026-07-28\",1330.69],[\"2026-07-29\",1256.22],[\"2026-07-30\",1221.46],[\"2026-07-31\",1340.62],[\"2026-08-03\",1459.79],[\"2026-08-04\",1578.96],[\"2026-08-05\",1588.89],[\"2026-08-06\",1747.78],[\"2026-08-07\",1658.4],[\"2026-08-10\",1742.81],[\"2026-08-11\",1777.57],[\"2026-08-12\",1822.26],[\"2026-08-13\",1817.29],[\"2026-08-14\",1792.47],[\"2026-08-17\",1911.63],[\"2026-08-18\",1946.39],[\"2026-08-19\",1787.5],[\"2026-08-20\",1850],[\"2026-08-21\",1765],[\"2026-08-24\",1710],[\"2026-08-25\",1845],[\"2026-08-26\",2025],[\"2026-08-27\",2225],[\"2026-08-28\",2345],[\"2026-08-31\",2305],[\"2026-09-01\",2285],[\"2026-09-02\",2110],[\"2026-09-03\",2095],[\"2026-09-04\",2200],[\"2026-09-07\",2265],[\"2026-09-08\",2155],[\"2026-09-09\",2295],[\"2026-09-10\",2190],[\"2026-09-11\",2150],[\"2026-09-14\",2165],[\"2026-09-15\",2025],[\"2026-09-16\",2045],[\"2026-09-17\",2090],[\"2026-09-18\",2295],[\"2026-09-21\",2415],[\"2026-09-22\",2500],[\"2026-09-23\",2600],[\"2026-09-24\",2530],[\"2026-09-29\",2515],[\"2026-09-30\",2455],[\"2026-10-01\",2390],[\"2026-10-02\",2310],[\"2026-10-05\",2450],[\"2026-10-06\",2415],[\"2026-10-07\",2455],[\"2026-10-08\",2370],[\"2026-10-12\",2270],[\"2026-10-13\",2210],[\"2026-10-14\",2195],[\"2026-10-15\",2115],[\"2026-10-16\",2250],[\"2026-10-19\",2335],[\"2026-10-20\",2290],[\"2026-10-21\",2395],[\"2026-10-22\",2335],[\"2026-10-27\",2250],[\"2026-10-28\",2460],[\"2026-10-29\",2425],[\"2026-10-30\",2385],[\"2026-11-02\",2350],[\"2026-11-03\",2160],[\"2026-11-04\",2080],[\"2026-11-05\",1875],[\"2026-11-06\",1690],[\"2026-11-09\",1855],[\"2026-11-10\",1990],[\"2026-11-11\",2050],[\"2026-11-12\",1980],[\"2026-11-13\",1975]]}","ifam_pe_river":"{\"symbol\":\"6805\",\"source\":\"info.ifa.ai \u5e02\u5834\u8a55\u50f9\uff08\u672c\u76ca\u6bd4\u6cb3\u6d41\u5716\uff09\",\"sourceUrl\":\"https:\/\/info.ifa.ai\/tw-stock\/6805\/market-evaluation?indicator=channel%2F65f156d8f5ebd92955ad793b\",\"scrapedAt\":\"2026-11-13\",\"adjusted\":false,\"dates\":[\"2025-11-14\",\"2025-11-21\",\"2025-11-28\",\"2025-12-05\",\"2025-12-12\",\"2025-12-19\",\"2025-12-26\",\"2025-12-31\",\"2026-01-02\",\"2026-01-09\",\"2026-01-16\",\"2026-01-23\",\"2026-01-30\",\"2026-02-06\",\"2026-02-11\",\"2026-02-26\",\"2026-03-06\",\"2026-03-13\",\"2026-03-20\",\"2026-03-27\",\"2026-04-02\",\"2026-04-10\",\"2026-04-17\",\"2026-04-24\",\"2026-04-30\",\"2026-05-08\",\"2026-05-15\",\"2026-05-22\",\"2026-05-29\",\"2026-06-05\",\"2026-06-12\",\"2026-06-18\",\"2026-06-26\",\"2026-07-03\",\"2026-07-09\",\"2026-07-17\",\"2026-07-24\",\"2026-07-31\",\"2026-08-07\",\"2026-08-14\",\"2026-08-21\",\"2026-08-28\",\"2026-09-04\",\"2026-09-11\",\"2026-09-18\",\"2026-09-24\",\"2026-10-02\",\"2026-10-08\",\"2026-10-16\",\"2026-10-22\",\"2026-10-30\",\"2026-11-06\",\"2026-11-12\"],\"bands\":[{\"label\":\"21X\",\"values\":[547.33,547.33,547.33,547.33,547.33,547.33,547.33,547.33,651.04,651.04,651.04,651.04,651.04,651.04,651.04,651.04,651.04,651.04,651.04,651.04,822.82,822.82,822.82,822.83,822.83,822.83,822.83,822.83,822.83,822.83,822.83,822.83,822.83,981.75,981.75,981.75,981.75,981.75,981.75,981.75,981.75,981.75,981.75,981.75,981.75,981.75,1151.79,1151.79,1151.79,1151.79,1151.79,1151.79,1151.79]},{\"label\":\"36.2X\",\"values\":[943.49,943.49,943.49,943.49,943.49,943.49,943.49,943.49,1122.27,1122.27,1122.27,1122.27,1122.27,1122.27,1122.27,1122.27,1122.27,1122.27,1122.27,1122.27,1418.38,1418.38,1418.38,1418.4,1418.4,1418.4,1418.4,1418.4,1418.4,1418.4,1418.4,1418.4,1418.4,1692.35,1692.35,1692.35,1692.35,1692.35,1692.35,1692.35,1692.35,1692.35,1692.35,1692.35,1692.35,1692.35,1985.47,1985.47,1985.47,1985.47,1985.47,1985.47,1985.47]},{\"label\":\"51.4X\",\"values\":[1339.65,1339.65,1339.65,1339.65,1339.65,1339.65,1339.65,1339.65,1593.5,1593.5,1593.5,1593.5,1593.5,1593.5,1593.5,1593.5,1593.5,1593.5,1593.5,1593.5,2013.94,2013.94,2013.94,2013.97,2013.97,2013.97,2013.97,2013.97,2013.97,2013.97,2013.97,2013.97,2013.97,2402.95,2402.95,2402.95,2402.95,2402.95,2402.95,2402.95,2402.95,2402.95,2402.95,2402.95,2402.95,2402.95,2819.14,2819.14,2819.14,2819.14,2819.14,2819.14,2819.14]},{\"label\":\"66.6X\",\"values\":[1735.81,1735.81,1735.81,1735.81,1735.81,1735.81,1735.81,1735.81,2064.73,2064.73,2064.73,2064.73,2064.73,2064.73,2064.73,2064.73,2064.73,2064.73,2064.73,2064.73,2609.5,2609.5,2609.5,2609.54,2609.54,2609.54,2609.54,2609.54,2609.54,2609.54,2609.54,2609.54,2609.54,3113.56,3113.56,3113.56,3113.56,3113.56,3113.56,3113.56,3113.56,3113.56,3113.56,3113.56,3113.56,3113.56,3652.82,3652.82,3652.82,3652.82,3652.82,3652.82,3652.82]},{\"label\":\"81.8X\",\"values\":[2131.97,2131.97,2131.97,2131.97,2131.97,2131.97,2131.97,2131.97,2535.95,2535.95,2535.95,2535.95,2535.95,2535.95,2535.95,2535.95,2535.95,2535.95,2535.95,2535.95,3205.06,3205.06,3205.06,3205.11,3205.11,3205.11,3205.11,3205.11,3205.11,3205.11,3205.11,3205.11,3205.11,3824.16,3824.16,3824.16,3824.16,3824.16,3824.16,3824.16,3824.16,3824.16,3824.16,3824.16,3824.16,3824.16,4486.49,4486.49,4486.49,4486.49,4486.49,4486.49,4486.49]},{\"label\":\"97X\",\"values\":[2528.13,2528.13,2528.13,2528.13,2528.13,2528.13,2528.13,2528.13,3007.18,3007.18,3007.18,3007.18,3007.18,3007.18,3007.18,3007.18,3007.18,3007.18,3007.18,3007.18,3800.63,3800.63,3800.63,3800.68,3800.68,3800.68,3800.68,3800.68,3800.68,3800.68,3800.68,3800.68,3800.68,4534.76,4534.76,4534.76,4534.76,4534.76,4534.76,4534.76,4534.76,4534.76,4534.76,4534.76,4534.76,4534.76,5320.17,5320.17,5320.17,5320.17,5320.17,5320.17,5320.17]}],\"price\":{\"label\":\"\u80a1\u50f9\",\"values\":[1465,1345,1570,1550,1605,1545,1605,1625,1535,1365,1320,1380,1425,1545,1545,1710,1845,1755,2000,1905,1885,1865,1870,1915,2070,1980,1735,1795,1930,1950,1825,1755,1640,1630,1460,1345,1410,1350,1670,1805,1765,2345,2200,2150,2295,2530,2310,2370,2250,2335,2385,1690,1980]}}","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":"<p><strong>\u5bcc\u4e16\u9054\u5df2\u7531\u6298\u758a\u624b\u6a5f\u8f49\u8ef8\u5ee0\u8f49\u578b\u70ba AI \u4f3a\u670d\u5668\u6db2\u51b7\u96f6\u7d44\u4ef6\u4f9b\u61c9\u5546\uff1a2026 \u5e74\u7b2c\u4e09\u5b63\u4f3a\u670d\u5668\u696d\u52d9\u71df\u6536\u5360\u6bd4\u5347\u81f3 81.3%\uff0c\u6bdb\u5229\u7387 38.03%\u3001\u6bcf\u80a1\u76c8\u9918 18.11 \u5143\u96d9\u5275\u65b0\u9ad8\uff0c\u524d\u4e09\u5b63\u6bcf\u80a1\u76c8\u9918 43.88 \u5143\u3002\u7e3d\u7d93\u7406\u5f90\u5b89\u8cdc\u8868\u793a\uff0c\u4f3a\u670d\u5668\u76f8\u95dc\u71df\u6536\u8f03 2025 \u5e74\u500d\u6578\u6210\u9577\uff0c2027 \u5e74\u71df\u904b\u53ef\u671b\u7dad\u6301\u9ad8\u5ea6\u6210\u9577\uff0c\u52d5\u80fd\u4f86\u81ea ASIC \u5c08\u6848\u5c0e\u5165\u3001\u6bcf\u6ac3\u5feb\u63a5\u982d\u7528\u91cf\u589e\u52a0\u8207\u4f3a\u670d\u5668\u6ed1\u8ecc\u51fa\u8ca8\u3002<\/strong><\/p>\n<h4>AI \u4f3a\u670d\u5668\u6db2\u51b7\u5feb\u63a5\u982d<\/h4>\n<p>\u516c\u53f8\u5728\u5e74\u5831\u4e2d\u6307\u51fa\uff0c2025 \u5e74\u71df\u6536 124.1 \u5104\u5143\u3001\u5e74\u589e 51.6%\uff0c\u6bcf\u80a1\u76c8\u9918 31.00 \u5143\uff1b\u6db2\u51b7\u5feb\u63a5\u982d\uff08UQD\uff09\u5df2\u5207\u5165 GB200\uff0fGB300 \u53ca\u5317\u7f8e\u56db\u5927 CSP \u4f9b\u61c9\u93c8\uff0c\u4e26\u4ee5\u300c\u51b7\u6c34\u677f\uff0b\u5feb\u63a5\u982d\u300d\u8207\u300c\u6ed1\u8ecc\uff0b\u6c34\u51b7\u63a5\u982d\u300d\u6574\u5408\u65b9\u6848\u722d\u53d6\u5ba2\u6236\u3002\u5f90\u5b89\u8cdc\u65bc 2026 \u5e74 11 \u6708\u7b2c\u4e09\u5b63\u6cd5\u8aaa\u6703\u8868\u793a\uff0c\u516c\u53f8\u6b63\u958b\u767c\u4e0b\u4e00\u4ee3\u9ad8\u529f\u8017\u5e73\u53f0\u4f7f\u7528\u7684 ZQD \u6db2\u51b7\u5feb\u63a5\u982d\uff0c\u9810\u8a08 2027 \u5e74\u7b2c\u4e00\u5b63\u5e95\u9010\u6b65\u9032\u5165\u91cf\u7522\u722c\u5761\uff1b\u5feb\u63a5\u982d\u76ee\u524d\u4ecd\u4ee5 GPU \u5e73\u53f0\u70ba\u4e3b\uff0c\u96a8 CSP \u5ba2\u6236\u5c08\u6848\u9678\u7e8c\u5b8c\u6210\u9a57\u8b49\uff0c2027 \u5e74 ASIC \u76f8\u95dc\u6bd4\u91cd\u5c07\u63d0\u9ad8\u3002\u7f8e\u7cfb NSP1 \u5feb\u63a5\u982d\u5df2\u901a\u904e\u9810\u5099\u8a8d\u8b49\uff0c\u5c07\u9032\u5165\u8a66\u7522\u9a57\u8b49\u3002<\/p>\n<h4>\u7522\u80fd\u64f4\u5145\u8207\u6bdb\u5229\u7387<\/h4>\n<p>\u8ca1\u52d9\u9577\u90b1\u7a1a\u80b2\u8868\u793a\uff0c\u9ad8\u6bdb\u5229\u7684\u4f3a\u670d\u5668\u7522\u54c1\u6bd4\u91cd\u63d0\u9ad8\uff0c\u52a0\u4e0a\u88fd\u7a0b\u512a\u5316\u8207\u81ea\u52d5\u5316\u751f\u7522\uff0c\u6bdb\u5229\u7387\u4ecd\u6709\u6539\u5584\u7a7a\u9593\u3002\u516c\u53f8\u8868\u793a\uff0c\u5feb\u63a5\u982d\u65b0\u7522\u80fd\u6bd4\u539f\u5148\u9810\u671f\u591a\u4e94\u6210\uff1b\u5f90\u5b89\u8cdc\u6307\u51fa\uff0c\u8d8a\u5357\u5ee0\u4ecd\u6709\u7d04 50% \u7684\u5ee0\u623f\u64f4\u5145\u7a7a\u9593\uff0c2027 \u5e74\u5c07\u4f9d\u5ba2\u6236\u9700\u6c42\u64f4\u7522\u3002\u6ed1\u8ecc\u65b9\u9762\uff0c\u90e8\u5206\u4f3a\u670d\u5668\u5c08\u6848\u5df2\u901a\u904e\u8a8d\u8b49\uff0cVR200 \u5e73\u53f0\u6301\u7e8c\u914d\u5408\u591a\u5bb6\u5ba2\u6236\u9a57\u8b49\u3002<\/p>\n<h4>\u5916\u90e8\u6a5f\u69cb\u89c0\u9ede<\/h4>\n<p>\u5927\u548c\u8cc7\u672c 2026 \u5e74 11 \u6708\u7dad\u6301\u8cb7\u9032\u3001\u76ee\u6a19\u50f9\u7531 2,615 \u5143\u4e0a\u8abf\u81f3 2,910 \u5143\uff0c\u9810\u4f30\u71df\u6536 2026 \u5e74\u5e74\u589e 40.3%\u30012027 \u5e74\u6210\u9577 59.2%\uff0c\u6bdb\u5229\u7387\u540c\u6b65\u64f4\u5f35\uff0c\u4e0a\u8abf\u7406\u7531\u70ba\u6db2\u51b7\u6ef2\u900f\u7387\u63d0\u9ad8\u3001\u6bcf\u6ac3\u5feb\u63a5\u982d\u51fa\u8ca8\u91cf\u589e\u52a0\u8207\u898f\u683c\u5347\u7d1a\u5e36\u52d5\u5e73\u5747\u552e\u50f9\u4e0a\u5347\u3002\u96c6\u90a6\u79d1\u6280 8 \u6708\u9810\u4f30\uff0c\u6db2\u51b7\u6563\u71b1\u65bc AI \u6676\u7247\u7684\u6ef2\u900f\u7387 2026 \u5e74\u9054 53%\u30012027 \u5e74\u63a5\u8fd1 60%\uff0c\u8f1d\u9054 Vera Rubin \u5e73\u53f0\u5168\u9762\u63a1\u7528\u7121\u98a8\u6247\u6db2\u51b7\u8a2d\u8a08\u3002<\/p>\n<h4>\u5e02\u5834\u95dc\u6ce8\u7684\u8b8a\u6578<\/h4>\n<p>\u6298\u758a\u624b\u6a5f\u696d\u52d9\u5360\u524d\u4e09\u5b63\u71df\u6536\u6bd4\u91cd\u964d\u81f3\u7d04 29.8%\uff082025 \u5e74\u540c\u671f 58.5%\uff09\u3002\u5f90\u5b89\u8cdc\u8868\u793a\uff0c\u6298\u758a\u624b\u6a5f\u8ef8\u627f\u53d7\u8a18\u61b6\u9ad4\u7f3a\u8ca8\u6f32\u50f9\u5f71\u97ff\uff0c\u51fa\u8ca8\u7565\u70ba\u5ef6\u5f8c\uff1b\u516c\u53f8\u8a8d\u70ba\u860b\u679c\u63a8\u51fa\u6298\u758a\u624b\u6a5f\u6709\u52a9\u63d0\u9ad8\u5e02\u5834\u6ef2\u900f\u7387\uff0c\u4e26\u5df2\u5c07\u90e8\u5206\u624b\u6a5f\u7522\u7dda\u4eba\u529b\u8207\u8a2d\u5099\u8f49\u5f80\u4f3a\u670d\u5668\u6c34\u51b7\u96f6\u7d44\u4ef6\u3002ZQD \u65b0\u898f\u683c\u7684\u91cf\u7522\u9032\u5ea6\u3001ASIC \u5ba2\u6236\u7684\u653e\u91cf\u6642\u7a0b\uff0c\u4ee5\u53ca\u6298\u758a\u624b\u6a5f\u9700\u6c42\u7684\u56de\u6eab\uff0c\u5c07\u5f71\u97ff 2027 \u5e74\u6210\u9577\u5e45\u5ea6\u3002<\/p>\n","ifam_val_profit":"<p>\u4ee5\u4e0b\u4f9d\u516c\u53f8\u5df2\u516c\u5e03\u7684\u8ca1\u5831\u8207\u6708\u71df\u6536\uff0c\u8aaa\u660e\u5bcc\u4e16\u9054\uff086805\uff09\u7684\u7372\u5229\u8ecc\u8de1\u3002<\/p>\n<ul>\n<li><strong>\u71df\u6536\uff1a\u9023\u7e8c\u5169\u5e74\u9ad8\u901f\u6210\u9577\uff0c\u800c\u4e14\u5728\u52a0\u901f\u3002<\/strong> 2025 \u5e74\u5408\u4f75\u71df\u6536 124.1 \u5104\u5143\uff08\u5e74\u589e 51.6%\uff09\uff0c2026 \u5e74\u4e0a\u534a\u5e74 79.2 \u5104\u5143\uff08\u5e74\u589e 62.6%\uff09\uff1b1\u20139 \u6708\u7d2f\u8a08\u5408\u4f75\u71df\u6536 124.25 \u5104\u5143\uff0c\u5e74\u589e 47.3%\uff0c\u524d\u4e09\u5b63\u5c31\u8ffd\u4e0a\u524d\u4e00\u5e74\u5168\u5e74\u30029 \u6708\u55ae\u6708 16.13 \u5104\u5143\u3001\u5e74\u589e 32.2%\u3002<\/li>\n<li><strong>\u7372\u5229\u7684\u6539\u5584\u5e45\u5ea6\u5927\u65bc\u71df\u6536\u3002<\/strong> \u55ae\u5b63\u6bdb\u5229\u7387\u7531 2025 \u5e74\u7b2c 2 \u5b63\u7684 24.1% \u5347\u81f3 2026 \u5e74\u7b2c 2 \u5b63\u7684 34.0%\uff0c\u540c\u671f\u6de8\u5229\u7387\u7531 12.6% \u5347\u81f3 22.7%\uff0c\u55ae\u5b63\u6bcf\u80a1\u76c8\u9918\u7531 4.81 \u5143\u5347\u81f3 12.37 \u5143\u3002\u6a1e\u7d10\u662f\u7cbe\u5bc6\u52a0\u5de5\u8207\u7d44\u88dd\u7684\u751f\u610f\uff0c\u6a21\u5177\u8207\u826f\u7387\u4e00\u4e0a\u4f86\uff0c\u7372\u5229\u7684\u5f48\u6027\u76f8\u7576\u5927\u3002<\/li>\n<li><strong>\u4f46\u7b2c 2 \u5b63\u5df2\u7d93\u6bd4\u7b2c 1 \u5b63\u7565\u964d\u3002<\/strong> \u55ae\u5b63\u6bcf\u80a1\u76c8\u9918 2026 \u5e74\u7b2c 1 \u5b63 13.38 \u5143\u3001\u7b2c 2 \u5b63 12.37 \u5143\uff0c\u55ae\u5b63\u71df\u6536\u4e5f\u7531 41.84 \u5104\u5143\u964d\u81f3 37.40 \u5104\u5143\u3002\u9019\u985e\u6a5f\u69cb\u4ef6\u7684\u51fa\u8ca8\u8ddf\u8457\u6a5f\u578b\u7684\u91cf\u7522\u7bc0\u594f\u8d70\uff0c\u55ae\u5b63\u4e4b\u9593\u7684\u6ce2\u52d5\u672c\u4f86\u5c31\u5927\u3002<\/li>\n<\/ul>\n<p>\u8981\u7559\u610f\u80a1\u6578\u57fa\u790e\uff1a\u516c\u53f8 2024 \u5e74 1 \u6708\u4e0a\u5e02\u6642\u4ee5\u73fe\u91d1\u589e\u8cc7\u767c\u884c\u65b0\u80a1\uff0c\u767c\u884c\u80a1\u6578\u56e0\u6b64\u589e\u52a0\u7d04 13%\u3002\u4f9d\u6703\u8a08\u8655\u7406\uff0c\u4e0a\u5e02\u524d\u7684\u6bcf\u80a1\u76c8\u9918\u4e0d\u6703\u56de\u982d\u8abf\u6574\uff0c\u6240\u4ee5\u62ff 2023 \u5e74\u4ee5\u524d\u7684\u6bcf\u80a1\u76c8\u9918\u8ddf\u73fe\u5728\u6bd4\uff0c\u57fa\u790e\u4e26\u4e0d\u76f8\u540c\uff08\u7528\u7a05\u5f8c\u6de8\u5229\u6bd4\u8f03\u624d\u4e00\u81f4\uff09\u3002<\/p>\n<p>\u63a5\u4e0b\u4f86\u7684\u6aa2\u9a57\u9ede\u662f\u6bdb\u5229\u7387\uff1a\u7b2c 2 \u5b63\u7684 34.0% \u662f\u8fd1\u5e74\u9ad8\u9ede\uff0c\u800c\u71df\u6536\u7684\u6210\u9577\u4f86\u81ea\u5c11\u6578\u6a5f\u578b\u2014\u2014\u647a\u758a\u6a5f\u7a2e\u7684\u91cf\u7522\u7bc0\u594f\u4e00\u8b8a\uff0c\u6bdb\u5229\u7387\u8207\u71df\u6536\u6703\u540c\u6642\u53d7\u5f71\u97ff\u3002<\/p>\n","ifam_val_multiple":"","ifam_strategy_on":"1","ifam_trades":"{\"fileName\":\"\",\"source\":\"\u6bcf\u65e5\u81ea\u52d5\u66f4\u65b0\",\"sheet\":\"\u5bcc\u4e16\u9054(6805)\u9032\u51fa\u7d00\u9304\",\"blocks\":[{\"title\":\"Trending GARP Q15\",\"header\":[\"\u6b21\u6578\",\"\u9032\u5834\u65e5\u671f\",\"\u51fa\u5834\u65e5\u671f\",\"\u6301\u6709\u5929\u6578\",\"\u9032\u5834\u958b\u76e4\u50f9\",\"\u51fa\u5834\u958b\u76e4\u50f9\",\"\u958b\u76e4\u5831\u916c\",\"\u9032\u5834\u6536\u76e4\u50f9\",\"\u51fa\u5834\u6536\u76e4\u50f9\",\"\u6536\u76e4\u5831\u916c\"],\"returnCols\":[6,9],\"rows\":[[\"1\",\"2025-10-15\",\"2026-01-12\",\"89\",\"1,190.00\",\"1,390.00\",\"+16.81%\",\"1,220.00\",\"1,330.00\",\"+9.02%\"]]},{\"title\":\"Trending GARP Q30\",\"header\":[\"\u6b21\u6578\",\"\u9032\u5834\u65e5\u671f\",\"\u51fa\u5834\u65e5\u671f\",\"\u6301\u6709\u5929\u6578\",\"\u9032\u5834\u958b\u76e4\u50f9\",\"\u51fa\u5834\u958b\u76e4\u50f9\",\"\u958b\u76e4\u5831\u916c\",\"\u9032\u5834\u6536\u76e4\u50f9\",\"\u51fa\u5834\u6536\u76e4\u50f9\",\"\u6536\u76e4\u5831\u916c\"],\"returnCols\":[6,9],\"rows\":[[\"1\",\"2025-10-08\",\"2026-01-08\",\"92\",\"1,100.00\",\"1,365.00\",\"+24.09%\",\"1,155.00\",\"1,365.00\",\"+18.18%\"],[\"2\",\"2026-02-23\",\"2026-03-18\",\"23\",\"1,555.00\",\"1,780.00\",\"+14.47%\",\"1,480.00\",\"1,840.00\",\"+24.32%\"],[\"3\",\"2026-03-23\",\"2026-04-10\",\"18\",\"1,930.00\",\"1,870.00\",\"-3.11%\",\"1,865.00\",\"1,865.00\",\"0.00%\"]]},{\"title\":\"Trending Momentum Q30\",\"header\":[\"\u6b21\u6578\",\"\u9032\u5834\u65e5\u671f\",\"\u51fa\u5834\u65e5\u671f\",\"\u6301\u6709\u5929\u6578\",\"\u9032\u5834\u958b\u76e4\u50f9\",\"\u51fa\u5834\u958b\u76e4\u50f9\",\"\u958b\u76e4\u5831\u916c\",\"\u9032\u5834\u6536\u76e4\u50f9\",\"\u51fa\u5834\u6536\u76e4\u50f9\",\"\u6536\u76e4\u5831\u916c\"],\"returnCols\":[6,9],\"rows\":[[\"1\",\"2025-10-15\",\"2025-11-14\",\"30\",\"1,190.00\",\"1,450.00\",\"+21.85%\",\"1,220.00\",\"1,465.00\",\"+20.08%\"],[\"2\",\"2025-11-20\",\"2025-11-21\",\"1\",\"1,555.00\",\"1,395.00\",\"-10.29%\",\"1,450.00\",\"1,345.00\",\"-7.24%\"],[\"3\",\"2025-11-28\",\"2025-12-03\",\"5\",\"1,570.00\",\"1,590.00\",\"+1.27%\",\"1,570.00\",\"1,595.00\",\"+1.59%\"],[\"4\",\"2025-12-04\",\"2025-12-08\",\"4\",\"1,610.00\",\"1,545.00\",\"-4.04%\",\"1,535.00\",\"1,570.00\",\"+2.28%\"]]}],\"parsedAt\":\"2026-11-13T07:24:46.982Z\"}","ifam_valuation":"{\"matrix\":{\"corner\":\"\",\"title\":\"\",\"note\":\"\",\"columns\":[{\"order\":1,\"year\":\"2025(A)\",\"eps\":31,\"label\":\"2025(A)\uff1a31.0 \u5143\"}],\"rows\":[{\"order\":1,\"pe\":1975,\"peLabel\":\"1,975 \u5143\",\"desc\":\"2026-11-13\",\"cells\":[{\"order\":1,\"price\":63.70967741935484,\"text\":\"63.7 \u500d\",\"hl\":false}]}]}}","ifam_val_range":"<p>\u76ee\u524d\u5bcc\u4e16\u9054\u80a1\u50f9\u7d04\u5728 1,800\u20132,100 \u5143\uff082026\/11\/13 \u6536\u76e4\u50f9 1,975 \u5143\uff09\uff0c\u7d04\u70ba 2025(A) EPS 31.0 \u5143\u7684 64 \u500d\uff1b2026 \u5e74\u4e0a\u534a\u5e74\u6bcf\u80a1\u76c8\u9918\u70ba 25.75 \u5143\u3002<\/p>\n","footnotes":""},"categories":[8],"tags":[],"ifam_industry":[12],"ifam_strategy":[],"class_list":["post-267","post","type-post","status-publish","format-standard","hentry","category-stock","ifam_industry-electronic-components"],"_links":{"self":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/267","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=267"}],"version-history":[{"count":2,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/267\/revisions"}],"predecessor-version":[{"id":572,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/267\/revisions\/572"}],"wp:attachment":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/media?parent=267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/categories?post=267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/tags?post=267"},{"taxonomy":"ifam_industry","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_industry?post=267"},{"taxonomy":"ifam_strategy","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_strategy?post=267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}