{"id":371,"date":"2026-10-30T14:42:13","date_gmt":"2026-10-30T06:42:13","guid":{"rendered":"https:\/\/ifa.ai\/research\/1513tt\/"},"modified":"2026-11-13T22:03:39","modified_gmt":"2026-11-13T14:03:39","slug":"1513tt","status":"publish","type":"post","link":"https:\/\/ifa.ai\/research\/1513tt\/","title":{"rendered":"[\u4e2d\u8208\u96fb (1513)] \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\u4e2d\u8208\u96fb"},"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":"1513","ifam_company":"\u4e2d\u8208\u96fb","ifam_market":"\u53f0\u80a1","ifam_updated_at":"","ifam_business":"<p><strong>\u4e2d\u8208\u96fb\u5de5\u6a5f\u68b0\uff081513\uff09\u4e3b\u8981\u7684\u71df\u6536\u4f86\u6e90\u662f\u96fb\u529b\u8207\u80fd\u6e90\u8a2d\u5099\uff1a\u7522\u88fd\u92b7\u552e\u96fb\u6a5f\u96fb\u529b\u8a2d\u5099\u8207\u65b0\u80fd\u6e90\u7522\u54c1\uff0c\u4e26\u627f\u652c\u8b8a\u96fb\u6240\u5de5\u7a0b\u8207\u767c\u96fb\u8a08\u756b\u3002<\/strong><\/p>\n<p>\u8ca1\u5831\u628a\u696d\u52d9\u5206\u6210\u4e09\u500b\u61c9\u5831\u5c0e\u90e8\u9580\uff0c2026 \u5e74\u4e0a\u534a\u5e74\u96fb\u6a5f\u80fd\u6e90\u696d\u52d9\u5360\u5408\u4f75\u71df\u6536 67.4%\u3001\u670d\u52d9\u696d\u52d9 19.4%\u3001\u5de5\u7a0b\u53ca\u5176\u4ed6\u696d\u52d9 13.2%\uff1b2025 \u5e74\u5168\u5e74\u70ba 70.4%\u300118.8%\u300110.8%\u3002\u4f9d\u8ca1\u5831\u7684\u5b9a\u7fa9\uff0c\u96fb\u6a5f\u80fd\u6e90\u696d\u52d9\u5305\u542b\u96fb\u6a5f\u96fb\u529b\u8a2d\u5099\u53ca\u65b0\u80fd\u6e90\u7522\u54c1\u7684\u7522\u88fd\u8207\u92b7\u552e\uff0c\u4e26\u627f\u652c\u66a8\u6295\u8cc7\u98a8\u529b\u3001\u6c34\u529b\u3001\u592a\u967d\u80fd\u5149\u96fb\u7b49\u767c\u96fb\u8a08\u756b\u8207\u5404\u985e\u578b\u7d71\u5305\u8b8a\u96fb\u6240\u5de5\u7a0b\uff1b\u670d\u52d9\u696d\u52d9\u662f\u505c\u8eca\u5834\u59d4\u8a17\u7d93\u71df\u7ba1\u7406\u3001\u516c\u5bd3\u5927\u5ec8\u7ba1\u7406\u670d\u52d9\u8207\u6a5f\u96fb\u7a7a\u8abf\u7dad\u904b\u3001\u592a\u967d\u80fd\u767c\u96fb\u7dad\u904b\u53ca\u74b0\u4fdd\u6aa2\u6e2c\uff1b\u5de5\u7a0b\u53ca\u5176\u4ed6\u696d\u52d9\u5247\u662f\u7a7a\u8abf\u3001\u6c34\u96fb\u3001\u6d88\u9632\u7cfb\u7d71\u8207\u5404\u5f0f\u6574\u5ee0\u7cfb\u7d71\u5de5\u7a0b\uff0c\u4ee5\u53ca\u4f4f\u5b85\u53ca\u5927\u6a13\u958b\u767c\u79df\u552e\u3002\u8ca1\u5831\u8f09\u660e\u672c\u96c6\u5718\u4e26\u7121\u91cd\u8981\u570b\u5916\u71df\u904b\u90e8\u9580\u3002\u516c\u53f8\u767b\u8a18\u7684\u4e3b\u8981\u7d93\u71df\u696d\u52d9\u53e6\u5217\u51fa\u6c2b\u80fd\u767c\u96fb\u66a8\u7522\u6c2b\u7cfb\u7d71\u3002<\/p>\n<p>2025 \u5e74\u5408\u4f75\u71df\u6536 274.49 \u5104\u5143\uff08\u5e74\u589e 7.2%\uff09\u3001\u7a05\u5f8c\u6de8\u5229 39.88 \u5104\u5143\uff0c\u6bcf\u80a1\u76c8\u9918 8.07 \u5143\uff1b2026 \u5e74\u4e0a\u534a\u5e74\u71df\u6536 140.24 \u5104\u5143\uff08\u5e74\u589e 3.5%\uff09\u3001\u6bcf\u80a1\u76c8\u9918 4.50 \u5143\u3002\u5229\u6f64\u7387\u9010\u5b63\u588a\u9ad8\uff0c\u6bdb\u5229\u7387\u7531 2025 \u5e74\u7b2c 2 \u5b63\u7684 24.7% \u5347\u5230 2026 \u5e74\u7b2c 2 \u5b63\u7684 28.4%\uff0c\u540c\u671f\u6de8\u5229\u7387\u7531 13.3% \u5347\u5230 16.8%\u30029 \u6708\u55ae\u6708\u71df\u6536 24.17 \u5104\u5143\uff08\u5e74\u589e 11.3%\uff09\u30011\uff0d9 \u6708\u7d2f\u8a08 213.53 \u5104\u5143\uff08\u5e74\u589e 5.0%\uff09\u3002<\/p>\n<p>\u516c\u53f8 1956 \u5e74\u6210\u7acb\u30011994 \u5e74\u4e0a\u5e02\uff0c\u7e3d\u90e8\u8a2d\u65bc\u65b0\u5317\u5e02\u4e2d\u548c\u5340\u3002<\/p>\n","ifam_revenue":"[{\"title\":\"\u71df\u6536\uff0d\u4ee5\u7522\u54c1\/\u670d\u52d9\u5340\u5206 (%)\",\"header\":[\"\",\"2025 (A)\",\"2025 \u4e0a\u534a\u5e74\",\"2025 \u4e0b\u534a\u5e74\",\"2026\u4e0a\u534a\u5e74\"],\"rows\":[[\"\u4f9d\u8ca1\u5831\u90e8\u9580\u5225\uff08\u5360\u5408\u4f75\u71df\u6536\uff09\",\"\",\"\",\"\",\"\"],[\"\u96fb\u6a5f\u80fd\u6e90\u696d\u52d9\",\"70.4%\",\"71.5%\",\"69.3%\",\"67.4%\"],[\"\u670d\u52d9\u696d\u52d9\",\"18.8%\",\"18.5%\",\"19.1%\",\"19.4%\"],[\"\u5de5\u7a0b\u53ca\u5176\u4ed6\u696d\u52d9\",\"10.8%\",\"10.0%\",\"11.6%\",\"13.2%\"],[\"\u5408\u8a08\",\"100.0%\",\"100.0%\",\"100.0%\",\"100.0%\"]],\"notes\":[]}]","ifam_revenue_trend":"{\"tabs\":[{\"key\":\"month\",\"label\":\"\u6708\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\"],\"rows\":[[\"1~10\u6708\u7d2f\u8a08\",\"23,975\",\"22,561\",\"20,983\"],[\"12\u6708\",\"\uff0d\",\"2,565\",\"2,353\"],[\"11\u6708\",\"\uff0d\",\"2,321\",\"2,274\"],[\"10\u6708\",\"2,622\",\"2,218\",\"2,324\"],[\"9\u6708\",\"2,417\",\"2,172\",\"2,105\"],[\"8\u6708\",\"2,502\",\"2,297\",\"2,196\"],[\"7\u6708\",\"2,410\",\"2,321\",\"2,085\"],[\"6\u6708\",\"2,833\",\"2,616\",\"2,162\"],[\"5\u6708\",\"2,392\",\"2,309\",\"2,059\"],[\"4\u6708\",\"2,308\",\"2,180\",\"1,913\"],[\"3\u6708\",\"2,478\",\"2,363\",\"2,335\"],[\"2\u6708\",\"1,879\",\"2,155\",\"1,861\"],[\"1\u6708\",\"2,134\",\"1,929\",\"1,943\"]]},{\"key\":\"quarter\",\"label\":\"\u5b63\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026Q3\",\"2026Q2\",\"2026Q1\",\"2025Q4\",\"2025Q3\",\"2025Q2\",\"2025Q1\",\"2024Q4\"],\"rows\":[[\"\u71df\u6536\",\"7,330\",\"7,533\",\"6,491\",\"7,106\",\"6,791\",\"7,104\",\"6,448\",\"6,951\"],[\"\u5e74\u589e\u7387\",\"+7.9%\",\"+6.0%\",\"+0.7%\",\"+2.2%\",\"+6.3%\",\"+15.8%\",\"+5.0%\",\"+18.9%\"],[\"\u5b63\u589e\u7387\",\"-2.7%\",\"+16.1%\",\"-8.7%\",\"+4.6%\",\"-4.4%\",\"+10.2%\",\"-7.2%\",\"+8.8%\"]]},{\"key\":\"half\",\"label\":\"\u534a\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026H1\",\"2025H2\",\"2025H1\",\"2024H2\",\"2024H1\",\"2023H2\"],\"rows\":[[\"\u71df\u6536\",\"14,024\",\"13,897\",\"13,552\",\"13,337\",\"12,273\",\"11,374\"],[\"\u5e74\u589e\u7387\",\"+3.5%\",\"+4.2%\",\"+10.4%\",\"+17.3%\",\"+13.9%\",\"+20.6%\"],[\"\u534a\u5e74\u589e\u7387\",\"+0.9%\",\"+2.5%\",\"+1.6%\",\"+8.7%\",\"+7.9%\",\"+5.6%\"]]},{\"key\":\"year\",\"label\":\"\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026 (1~10\u6708)\",\"2025\",\"2024\"],\"rows\":[[\"\u71df\u6536\",\"23,975\",\"27,449\",\"25,609\"],[\"\u5e74\u589e\u7387\",\"+6.3%\",\"+7.2%\",\"+15.6%\"]]}]}","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\",\"7,106\",\"6,951\",\"5,847\",\"4,799\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"1,918\",\"1,782\",\"1,366\",\"1,070\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"1,250\",\"1,213\",\"978\",\"848\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"1,030\",\"852\",\"791\",\"751\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"2.08\",\"1.72\",\"1.62\",\"1.61\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"27.0%\",\"25.6%\",\"23.4%\",\"22.3%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"17.6%\",\"17.5%\",\"16.7%\",\"17.7%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"14.5%\",\"12.3%\",\"13.5%\",\"15.7%\"]]},{\"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\",\"27,449\",\"25,609\",\"22,145\",\"18,547\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"7,068\",\"6,721\",\"6,419\",\"4,744\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"4,977\",\"4,537\",\"4,386\",\"2,851\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"3,988\",\"3,623\",\"1,586\",\"2,434\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"8.07\",\"7.33\",\"3.25\",\"5.21\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"25.7%\",\"26.2%\",\"29.0%\",\"25.6%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"18.1%\",\"17.7%\",\"19.8%\",\"15.4%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"14.5%\",\"14.1%\",\"7.2%\",\"13.1%\"]]}]},{\"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\",\"7,330\",\"6,791\",\"6,386\",\"5,527\",\"4,634\"],[\"\u71df\u696d\u6bdb\u5229\",\"2,023\",\"1,757\",\"1,535\",\"1,684\",\"1,229\"],[\"\u71df\u696d\u5229\u76ca\",\"1,362\",\"1,298\",\"979\",\"783\",\"610\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"1,291\",\"1,138\",\"920\",\"736\",\"548\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"2.61\",\"2.31\",\"1.86\",\"1.51\",\"1.17\"],[\"\u6bdb\u5229\u7387\",\"27.6%\",\"25.9%\",\"24.0%\",\"30.5%\",\"26.5%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"18.6%\",\"19.1%\",\"15.3%\",\"14.2%\",\"13.2%\"],[\"\u6de8\u5229\u7387\",\"17.6%\",\"16.8%\",\"14.4%\",\"13.3%\",\"11.8%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~9\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"21,353\",\"20,343\",\"18,659\",\"16,298\",\"13,748\"],[\"\u71df\u696d\u6bdb\u5229\",\"5,851\",\"5,149\",\"4,939\",\"5,053\",\"3,675\"],[\"\u71df\u696d\u5229\u76ca\",\"4,076\",\"3,727\",\"3,324\",\"3,409\",\"2,003\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"3,515\",\"2,958\",\"2,770\",\"794\",\"1,683\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"7.11\",\"5.99\",\"5.61\",\"1.63\",\"3.60\"],[\"\u6bdb\u5229\u7387\",\"27.4%\",\"25.3%\",\"26.5%\",\"31.0%\",\"26.7%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"19.1%\",\"18.3%\",\"17.8%\",\"20.9%\",\"14.6%\"],[\"\u6de8\u5229\u7387\",\"16.5%\",\"14.5%\",\"14.8%\",\"4.9%\",\"12.2%\"]]}]},{\"key\":\"Q2\",\"label\":\"Q2\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff084~6\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"7,533\",\"7,104\",\"6,134\",\"4,930\",\"4,374\"],[\"\u71df\u696d\u6bdb\u5229\",\"2,142\",\"1,753\",\"1,592\",\"1,789\",\"1,164\"],[\"\u71df\u696d\u5229\u76ca\",\"1,510\",\"1,221\",\"1,119\",\"1,600\",\"650\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"1,268\",\"941\",\"897\",\"-686\",\"574\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"2.56\",\"1.90\",\"1.82\",\"-1.42\",\"1.23\"],[\"\u6bdb\u5229\u7387\",\"28.4%\",\"24.7%\",\"26.0%\",\"36.3%\",\"26.6%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"20.1%\",\"17.2%\",\"18.2%\",\"32.5%\",\"14.9%\"],[\"\u6de8\u5229\u7387\",\"16.8%\",\"13.3%\",\"14.6%\",\"-13.9%\",\"13.1%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~6\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"14,024\",\"13,552\",\"12,273\",\"10,771\",\"9,114\"],[\"\u71df\u696d\u6bdb\u5229\",\"3,828\",\"3,393\",\"3,404\",\"3,369\",\"2,445\"],[\"\u71df\u696d\u5229\u76ca\",\"2,714\",\"2,429\",\"2,344\",\"2,626\",\"1,393\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"2,224\",\"1,820\",\"1,850\",\"59\",\"1,135\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"4.50\",\"3.68\",\"3.75\",\"0.12\",\"2.43\"],[\"\u6bdb\u5229\u7387\",\"27.3%\",\"25.0%\",\"27.7%\",\"31.3%\",\"26.8%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"19.4%\",\"17.9%\",\"19.1%\",\"24.4%\",\"15.3%\"],[\"\u6de8\u5229\u7387\",\"15.9%\",\"13.4%\",\"15.1%\",\"0.5%\",\"12.4%\"]]}]},{\"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\",\"6,491\",\"6,448\",\"6,139\",\"5,841\",\"4,739\"],[\"\u71df\u696d\u6bdb\u5229\",\"1,686\",\"1,640\",\"1,812\",\"1,579\",\"1,281\"],[\"\u71df\u696d\u5229\u76ca\",\"1,203\",\"1,208\",\"1,225\",\"1,026\",\"743\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"956\",\"879\",\"953\",\"744\",\"561\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"1.94\",\"1.78\",\"1.93\",\"1.56\",\"1.20\"],[\"\u6bdb\u5229\u7387\",\"26.0%\",\"25.4%\",\"29.5%\",\"27.0%\",\"27.0%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"18.5%\",\"18.7%\",\"20.0%\",\"17.6%\",\"15.7%\"],[\"\u6de8\u5229\u7387\",\"14.7%\",\"13.6%\",\"15.5%\",\"12.7%\",\"11.8%\"]]}]}]}","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\",\"27.6%\",\"28.4%\",\"26.0%\",\"27.0%\",\"25.9%\",\"24.7%\",\"25.4%\",\"25.6%\"],[\"\u6de8\u5229\u7387\",\"17.6%\",\"16.8%\",\"14.7%\",\"14.5%\",\"16.8%\",\"13.3%\",\"13.6%\",\"12.3%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"16.5%\",\"17.6%\",\"14.0%\",\"16.0%\",\"14.5%\",\"14.5%\",\"13.4%\",\"14.5%\"],[\"ROCE*\",\"22.9%\",\"24.1%\",\"18.5%\",\"19.4%\",\"20.2%\",\"15.9%\",\"15.2%\",\"14.4%\"]]},{\"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\",\"+7.9%\",\"+6.0%\",\"+0.7%\",\"+2.2%\",\"+6.3%\",\"+15.8%\",\"+5.0%\",\"+18.9%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+13.2%\",\"+35.0%\",\"+9.4%\",\"+20.7%\",\"+23.5%\",\"+5.0%\",\"-7.9%\",\"+8.1%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-10.9%\",\"-62.5%\",\"-48.4%\",\"+128.3%\",\"+350.2%\",\"+352.2%\",\"+137.0%\",\"-38.4%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-14.4%\",\"-67.3%\",\"-56.1%\",\"+121.6%\",\"+575.2%\",\"+543.6%\",\"+228.3%\",\"-26.4%\"]]},{\"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\",\"39.1\",\"35.7\",\"37.7\",\"36.2\",\"38.1\",\"34.2\",\"39.7\",\"35.7\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"175.4\",\"173.5\",\"198.7\",\"183.1\",\"188.8\",\"179.2\",\"199.3\",\"179.8\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"51.0\",\"48.9\",\"60.6\",\"56.1\",\"56.9\",\"54.3\",\"60.5\",\"58.2\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"163.5\",\"160.4\",\"175.8\",\"163.2\",\"169.9\",\"159.1\",\"178.5\",\"157.4\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.19\",\"1.06\",\"1.11\",\"1.10\",\"1.13\",\"1.21\",\"1.39\",\"1.38\"],[\"\u901f\u52d5\u6bd4\u7387\",\"0.69\",\"0.60\",\"0.62\",\"0.60\",\"0.63\",\"0.66\",\"0.77\",\"0.75\"]]}]},{\"key\":\"year\",\"label\":\"\u5e74\u5ea6\",\"tables\":[{\"title\":\"\u7372\u5229\u80fd\u529b\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u6bdb\u5229\u7387\",\"25.7%\",\"26.2%\",\"29.0%\",\"25.6%\",\"23.8%\"],[\"\u6de8\u5229\u7387\",\"14.5%\",\"14.1%\",\"7.2%\",\"13.1%\",\"10.9%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"14.6%\",\"14.4%\",\"15.0%\",\"12.5%\",\"13.5%\"],[\"ROCE*\",\"17.5%\",\"15.3%\",\"9.4%\",\"12.6%\",\"11.6%\"]]},{\"title\":\"\u6210\u9577\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"+7.2%\",\"+15.6%\",\"+19.4%\",\"+2.9%\",\"+17.1%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+10.0%\",\"+128.8%\",\"-35.7%\",\"+25.0%\",\"+27.2%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+200.3%\",\"-45.2%\",\"+31.8%\",\"+49.6%\",\"+41.5%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+250.0%\",\"-40.7%\",\"+104.0%\",\"+796.7%\",\"+85.6%\"]]},{\"title\":\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"33.0\",\"31.9\",\"33.3\",\"36.2\",\"38.1\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"187.9\",\"186.3\",\"178.7\",\"163.5\",\"169.5\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"59.1\",\"57.5\",\"75.1\",\"79.6\",\"70.3\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"161.7\",\"160.7\",\"136.9\",\"120.1\",\"137.3\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.10\",\"1.38\",\"1.26\",\"1.35\",\"1.61\"],[\"\u901f\u52d5\u6bd4\u7387\",\"0.60\",\"0.75\",\"0.69\",\"0.86\",\"1.01\"]]}]}]}","ifam_chips":"{\"date\":\"2026-11-12\",\"label\":\"11\/12\u7576\u65e5\",\"volume_lot\":\"3,519\",\"avg_price\":\"147.87\",\"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 147.87 \u5143\u63a8\u7b97\uff1b\u7576\u65e5\u7e3d\u6210\u4ea4\u91cf 3,519 \u5f35\u3002\",\"groups\":[{\"name\":\"\u5916\u8cc7\",\"dir\":\"down\",\"streak\":\"\u90231\u8cb7\u2192\u90233\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"544\",\"1,627\",\"-1083\"],[\"\u91d1\u984d(\u5143)\",\"8,049\u842c\",\"2.4\u5104\",\"-1.6\u5104\"],[\"\u5747\u50f9(\u5143)\",\"147.87\",\"147.87\",\"147.87\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"15.5%\",\"46.2%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u6295\u4fe1\",\"dir\":\"up\",\"streak\":\"\u90231\u8ce3\u2192\u90233\u8cb7\",\"rows\":[[\"\u5f35\u6578\",\"25\",\"0\",\"+25\"],[\"\u91d1\u984d(\u5143)\",\"373\u842c\",\"0\u842c\",\"373\u842c\"],[\"\u5747\u50f9(\u5143)\",\"147.87\",\"147.87\",\"147.87\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"0.7%\",\"0.0%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u81ea\u71df\u5546\",\"dir\":\"down\",\"streak\":\"\u90232\u8cb7\u2192\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"149\",\"233\",\"-84\"],[\"\u91d1\u984d(\u5143)\",\"2,201\u842c\",\"3,445\u842c\",\"-1,244\u842c\"],[\"\u5747\u50f9(\u5143)\",\"147.87\",\"147.87\",\"147.87\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"4.2%\",\"6.6%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u4e09\u5927\u6cd5\u4eba\",\"dir\":\"down\",\"streak\":\"\u90231\u8cb7\u2192\u90238\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"718\",\"1,860\",\"-1142\"],[\"\u91d1\u984d(\u5143)\",\"1.1\u5104\",\"2.8\u5104\",\"-1.7\u5104\"],[\"\u5747\u50f9(\u5143)\",\"147.87\",\"147.87\",\"147.87\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"20.4%\",\"52.9%\",\"\u4e0d\u9069\u7528\"]]}]}","ifam_candle":"{\"date\":\"2026-11-13\",\"label\":\"11\/13\",\"today\":[],\"recent\":[{\"rule\":\"2-3\",\"name\":\"\u591a\u982d\u541e\u566c\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u591a\u982d\u541e\u566c\uff0c\u4f46\u7576\u65e5\u6c92\u6709\u7e7c\u7e8c\u6536\u9ad8\u3002\u53ef\u80fd\u53ea\u662f\u55ae\u65e5\u53cd\u5f48\uff0c\u80a1\u50f9\u65b9\u5411\u4ecd\u4e0d\u660e\u6717\u3002\",\"date\":\"11\/12\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"rule\":\"2-1\",\"name\":\"\u591a\u982d\u541e\u566c\",\"level\":\"\u9810\u8b66\",\"dir\":\"up\",\"text\":\"\u80a1\u50f9\u4e0b\u8dcc\u4e00\u6bb5\u5f8c\uff0c\u7576\u65e5\u7d05K\u7684\u5be6\u9ad4\u628a\u524d\u4e00\u65e5\u7684\u9ed1K\u6574\u6839\u5305\u4f4f\u3002\u8cb7\u65b9\u55ae\u65e5\u7684\u529b\u9053\u660e\u986f\u8f49\u5f37\uff0c\u53ef\u80fd\u662f\u8f49\u6298\u7684\u8d77\u9ede\uff0c\u4f46\u9084\u9700\u8981\u78ba\u8a8d\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u6b62\u8dcc\u56de\u5347\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"11\/11\",\"dir_word\":\"\u504f\u591a\"},{\"rule\":\"11-3\",\"name\":\"\u6233\u5165\u7dda\",\"level\":\"\u5ef6\u7e8c\",\"dir\":\"down\",\"text\":\"\u80a1\u50f9\u4e0b\u8dcc\u4e00\u6bb5\u5f8c\uff0c\u9577\u9ed1K\u7684\u9694\u65e5\u53cd\u5f48\u6536\u9032\u524d\u4e00\u65e5\u7684\u5be6\u9ad4\uff0c\u4f46\u6c92\u6709\u8d85\u904e\u4e00\u534a\u3002\u8cb7\u65b9\u6709\u62b5\u6297\u3001\u4f46\u9084\u6c92\u53d6\u5f97\u4e3b\u5c0e\uff0c\u8dcc\u52e2\u5ef6\u7e8c\u7684\u610f\u5473\u6bd4\u9838\u4e0a\u7dda\u3001\u9838\u5167\u7dda\u5f31\u4e00\u4e9b\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u4e0b\u8dcc\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"11\/02\",\"dir_word\":\"\u504f\u7a7a\"},{\"rule\":\"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\":\"10\/21\",\"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\":\"10\/20\",\"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\/19\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"rule\":\"1-1\",\"name\":\"\u591a\u982d\u6bcd\u5b50\u7dda\",\"level\":\"\u9810\u8b66\",\"dir\":\"up\",\"text\":\"\u80a1\u50f9\u4e0b\u8dcc\u4e00\u6bb5\u5f8c\uff0c\u9577\u9ed1K\u7684\u9694\u65e5\u51fa\u73fe\u4e00\u6839\u5c0fK\u7dda\uff0c\u800c\u4e14\u6c92\u6709\u518d\u8dcc\u7834\u524d\u4e00\u65e5\u7684\u4f4e\u9ede\u3002\u8ce3\u58d3\u66ab\u6642\u505c\u4e86\u4e0b\u4f86\uff0c\u4f46\u53ea\u4ee3\u8868\u8dcc\u52e2\u505c\u9813\uff0c\u65b9\u5411\u9084\u6c92\u6709\u8868\u614b\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u6b62\u8dcc\u56de\u5347\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"10\/16\",\"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\":[\"238\",\"5\"]},{\"k\":\"\u8ce3\u51fa\",\"v\":[\"25\",\"3\"]},{\"k\":\"\u73fe\u511f\",\"v\":[\"2\",\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"+211\",\"-2\"],\"t\":[\"up\",\"down\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"6,226\",\"11\"]},{\"k\":\"\u4f7f\u7528\u7387\",\"v\":[\"4.9%\",\"0.0%\"]},{\"k\":\"\u9023\u589e\u9023\u6e1b\",\"v\":[\"\u6e1b\u2192\u90232\u589e\",\"\u90232\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\":[\"\",\"0.2%\"]}]},{\"head\":[\"11\/12\u7576\u65e5\",\"\u501f\u5238\u8ce3\u51fa(\u5f35)\"],\"rows\":[{\"k\":\"\u8ce3\u51fa\",\"v\":[\"66\"]},{\"k\":\"\u9084\u5238\",\"v\":[\"0\"]},{\"k\":\"\u8abf\u6574\",\"v\":[\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"+66\"],\"t\":[\"up\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"13,870\"]},{\"k\":\"\u6b21\u65e5\u9650\u984d\",\"v\":[\"69\"]}]}],\"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\",\"25,609\",\"27,449\",\"29,700\",\"33,780\",\"\"],[\"\u71df\u696d\u6bdb\u5229\",\"6,721\",\"7,068\",\"\",\"\",\"\"],[\"\u71df\u696d\u5229\u76ca\",\"4,537\",\"4,977\",\"\",\"\",\"\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"3,623\",\"3,988\",\"\",\"\",\"\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"7.33\",\"8.07\",\"8.9\",\"10.5\",\"\"],[\"\u6bdb\u5229\u7387\",\"26.2%\",\"25.7%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u7387\",\"14.1%\",\"14.5%\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u589e\u7387 (YoY,%)\",\"15.6%\",\"7.2%\",\"8.2%\",\"13.7%\",\"\"],[\"\u6de8\u5229\u5e74\u589e\u7387 (YoY,%)\",\"128.5%\",\"10.1%\",\"10.3%\",\"18.0%\",\"\"]],\"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\u8868\u4e00 (E)\uff0f(F) \u6b04\u70ba\u672c\u516c\u53f8\u6574\u7406\u81ea\u516c\u958b\u8cc7\u8a0a\uff0c\u975e\u516c\u53f8\u516c\u5e03\u4e4b\u6578\u5b57\uff0c\u4ea6\u4e0d\u4ee3\u8868\u524d\u9032\u667a\u80fd\u6295\u9867\u4e4b\u89c0\u9ede\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\",\"7,104\",\"6,791\",\"7,106\",\"6,491\",\"7,533\"],[\"\u71df\u696d\u6bdb\u5229\",\"1,753\",\"1,757\",\"1,918\",\"1,686\",\"2,142\"],[\"\u71df\u696d\u5229\u76ca\",\"1,221\",\"1,298\",\"1,250\",\"1,203\",\"1,510\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"941\",\"1,138\",\"1,030\",\"956\",\"1,268\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"1.90\",\"2.31\",\"2.08\",\"1.94\",\"2.56\"]],\"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\",\"24.7%\",\"25.9%\",\"27.0%\",\"26.0%\",\"28.4%\"],[\"\u6de8\u5229\u7387\",\"13.3%\",\"16.8%\",\"14.5%\",\"14.7%\",\"16.8%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"14.5%\",\"14.5%\",\"16.0%\",\"14.0%\",\"17.6%\"],[\"ROCE*\",\"15.9%\",\"20.2%\",\"19.4%\",\"18.5%\",\"24.1%\"],[\"\u6210\u9577\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"+15.8%\",\"+6.3%\",\"+2.2%\",\"+0.7%\",\"+6.0%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+5.0%\",\"+23.5%\",\"+20.7%\",\"+9.4%\",\"+35.0%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+352.2%\",\"+350.2%\",\"+128.3%\",\"-48.4%\",\"-62.5%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+543.6%\",\"+575.2%\",\"+121.6%\",\"-56.1%\",\"-67.3%\"],[\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"34.2\",\"38.1\",\"36.2\",\"37.7\",\"35.7\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"179.2\",\"188.8\",\"183.1\",\"198.7\",\"173.5\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"54.3\",\"56.9\",\"56.1\",\"60.6\",\"48.9\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"159.1\",\"169.9\",\"163.2\",\"175.8\",\"160.4\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.21\",\"1.13\",\"1.10\",\"1.11\",\"1.06\"],[\"\u901f\u52d5\u6bd4\u7387\",\"0.66\",\"0.63\",\"0.60\",\"0.62\",\"0.60\"]],\"notes\":[]}]","ifam_fin_note":"","ifam_metrics_note":"","ifam_price":"{\"symbol\":\"1513\",\"name\":\"\u4e2d\u8208\u96fb\",\"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\":146.5,\"open\":146,\"high\":148.5,\"low\":146,\"prev_close\":145.5,\"change\":1,\"change_pct\":0.69,\"range\":2.5,\"amount\":\"1.66 \u5104\u5143\",\"volume\":1131,\"avg_volume_3m\":2189,\"market_cap\":\"737.1 \u5104\u5143\",\"shares\":\"5.03 \u5104\u80a1\"},\"annual\":[{\"year\":2026,\"pct\":1.55,\"ytd\":true},{\"year\":2025,\"pct\":-0.19},{\"year\":2024,\"pct\":34.77},{\"year\":2023,\"pct\":77.76},{\"year\":2022,\"pct\":56.5},{\"year\":2021,\"pct\":-11.51},{\"year\":2020,\"pct\":126.01},{\"year\":2019,\"pct\":32.25},{\"year\":2018,\"pct\":-9.01},{\"year\":2017,\"pct\":20.74}],\"series\":[[\"2025-11-13\",144.75],[\"2025-11-14\",140.89],[\"2025-11-17\",139.93],[\"2025-11-18\",141.86],[\"2025-11-19\",144.75],[\"2025-11-20\",145.72],[\"2025-11-21\",146.2],[\"2025-11-24\",146.2],[\"2025-11-25\",143.79],[\"2025-11-26\",144.75],[\"2025-11-27\",145.23],[\"2025-11-28\",144.27],[\"2025-12-01\",141.86],[\"2025-12-02\",141.86],[\"2025-12-03\",142.34],[\"2025-12-04\",142.34],[\"2025-12-05\",142.34],[\"2025-12-08\",143.3],[\"2025-12-09\",144.75],[\"2025-12-10\",145.23],[\"2025-12-11\",144.27],[\"2025-12-12\",147.16],[\"2025-12-15\",143.3],[\"2025-12-16\",141.37],[\"2025-12-17\",141.37],[\"2025-12-18\",139.44],[\"2025-12-19\",145.72],[\"2025-12-22\",146.68],[\"2025-12-23\",145.72],[\"2025-12-24\",144.27],[\"2025-12-26\",145.23],[\"2025-12-29\",145.23],[\"2025-12-30\",145.72],[\"2025-12-31\",144.27],[\"2026-01-02\",143.3],[\"2026-01-05\",141.86],[\"2026-01-06\",141.86],[\"2026-01-07\",140.89],[\"2026-01-08\",139.93],[\"2026-01-09\",141.37],[\"2026-01-12\",140.89],[\"2026-01-13\",141.86],[\"2026-01-14\",151.51],[\"2026-01-15\",145.72],[\"2026-01-16\",154.4],[\"2026-01-19\",154.88],[\"2026-01-20\",170.33],[\"2026-01-21\",171.29],[\"2026-01-22\",177.56],[\"2026-01-23\",177.56],[\"2026-01-26\",174.67],[\"2026-01-27\",170.81],[\"2026-01-28\",179.01],[\"2026-01-29\",171.77],[\"2026-01-30\",162.6],[\"2026-02-02\",157.78],[\"2026-02-03\",163.09],[\"2026-02-04\",164.53],[\"2026-02-05\",158.74],[\"2026-02-06\",152.95],[\"2026-02-09\",157.3],[\"2026-02-10\",157.3],[\"2026-02-11\",157.78],[\"2026-02-23\",162.12],[\"2026-02-24\",162.12],[\"2026-02-25\",164.53],[\"2026-02-26\",169.36],[\"2026-03-02\",165.5],[\"2026-03-03\",159.71],[\"2026-03-04\",149.58],[\"2026-03-05\",154.4],[\"2026-03-06\",154.4],[\"2026-03-09\",146.2],[\"2026-03-10\",145.72],[\"2026-03-11\",151.02],[\"2026-03-12\",151.99],[\"2026-03-13\",152.47],[\"2026-03-16\",152.95],[\"2026-03-17\",156.33],[\"2026-03-18\",156.33],[\"2026-03-19\",153.92],[\"2026-03-20\",151.99],[\"2026-03-23\",148.61],[\"2026-03-24\",151.02],[\"2026-03-25\",152.95],[\"2026-03-26\",148.13],[\"2026-03-27\",146.68],[\"2026-03-30\",143.79],[\"2026-03-31\",138],[\"2026-04-01\",139.93],[\"2026-04-02\",138.96],[\"2026-04-07\",139.44],[\"2026-04-08\",142.82],[\"2026-04-09\",144.75],[\"2026-04-10\",145.23],[\"2026-04-13\",146.2],[\"2026-04-14\",146.2],[\"2026-04-15\",145.23],[\"2026-04-16\",149.58],[\"2026-04-17\",147.65],[\"2026-04-20\",148.13],[\"2026-04-21\",150.06],[\"2026-04-22\",150.06],[\"2026-04-23\",146.2],[\"2026-04-24\",144.27],[\"2026-04-27\",144.75],[\"2026-04-28\",143.79],[\"2026-04-29\",143.3],[\"2026-04-30\",143.3],[\"2026-05-04\",150.06],[\"2026-05-05\",148.61],[\"2026-05-06\",150.06],[\"2026-05-07\",151.02],[\"2026-05-08\",152.47],[\"2026-05-11\",152.95],[\"2026-05-12\",151.51],[\"2026-05-13\",150.06],[\"2026-05-14\",147.65],[\"2026-05-15\",144.75],[\"2026-05-18\",143.3],[\"2026-05-19\",144.75],[\"2026-05-20\",143.3],[\"2026-05-21\",149.09],[\"2026-05-22\",151.02],[\"2026-05-25\",154.4],[\"2026-05-26\",159.23],[\"2026-05-27\",163.09],[\"2026-05-28\",159.71],[\"2026-05-29\",160.67],[\"2026-06-01\",162.6],[\"2026-06-02\",162.12],[\"2026-06-03\",178.05],[\"2026-06-04\",180.46],[\"2026-06-05\",164.53],[\"2026-06-08\",163.57],[\"2026-06-09\",163.57],[\"2026-06-10\",158.74],[\"2026-06-11\",158.26],[\"2026-06-12\",161.16],[\"2026-06-15\",164.05],[\"2026-06-16\",162.6],[\"2026-06-17\",165.98],[\"2026-06-18\",170.33],[\"2026-06-22\",174.67],[\"2026-06-23\",175.63],[\"2026-06-24\",178.53],[\"2026-06-25\",178.53],[\"2026-06-26\",169.36],[\"2026-06-29\",169.36],[\"2026-06-30\",170.81],[\"2026-07-01\",170.81],[\"2026-07-02\",170.33],[\"2026-07-03\",170.33],[\"2026-07-06\",172.26],[\"2026-07-07\",168.88],[\"2026-07-08\",165.5],[\"2026-07-09\",168.5],[\"2026-07-13\",168],[\"2026-07-14\",164],[\"2026-07-15\",171],[\"2026-07-16\",167],[\"2026-07-17\",158.5],[\"2026-07-20\",157.5],[\"2026-07-21\",162.5],[\"2026-07-22\",162.5],[\"2026-07-23\",160],[\"2026-07-24\",158],[\"2026-07-27\",158.5],[\"2026-07-28\",152.5],[\"2026-07-29\",149.5],[\"2026-07-30\",147],[\"2026-07-31\",153.5],[\"2026-08-03\",155.5],[\"2026-08-04\",159],[\"2026-08-05\",161],[\"2026-08-06\",160.5],[\"2026-08-07\",157.5],[\"2026-08-10\",159.5],[\"2026-08-11\",160.5],[\"2026-08-12\",165.5],[\"2026-08-13\",171],[\"2026-08-14\",170],[\"2026-08-17\",171],[\"2026-08-18\",167],[\"2026-08-19\",164],[\"2026-08-20\",166],[\"2026-08-21\",166],[\"2026-08-24\",164],[\"2026-08-25\",165.5],[\"2026-08-26\",166],[\"2026-08-27\",170.5],[\"2026-08-28\",168],[\"2026-08-31\",164],[\"2026-09-01\",166],[\"2026-09-02\",165],[\"2026-09-03\",162.5],[\"2026-09-04\",165.5],[\"2026-09-07\",167],[\"2026-09-08\",165],[\"2026-09-09\",167],[\"2026-09-10\",165.5],[\"2026-09-11\",165],[\"2026-09-14\",163.5],[\"2026-09-15\",162],[\"2026-09-16\",162.5],[\"2026-09-17\",165],[\"2026-09-18\",167],[\"2026-09-21\",166.5],[\"2026-09-22\",166],[\"2026-09-23\",165.5],[\"2026-09-24\",166],[\"2026-09-29\",167],[\"2026-09-30\",168],[\"2026-10-01\",166.5],[\"2026-10-02\",167.5],[\"2026-10-05\",166.5],[\"2026-10-06\",167],[\"2026-10-07\",168],[\"2026-10-08\",167],[\"2026-10-12\",169],[\"2026-10-13\",165.5],[\"2026-10-14\",168.5],[\"2026-10-15\",165],[\"2026-10-16\",165],[\"2026-10-19\",162],[\"2026-10-20\",161],[\"2026-10-21\",162],[\"2026-10-22\",160],[\"2026-10-27\",159],[\"2026-10-28\",159],[\"2026-10-29\",157],[\"2026-10-30\",153],[\"2026-11-02\",154],[\"2026-11-03\",148],[\"2026-11-04\",146.5],[\"2026-11-05\",143.5],[\"2026-11-06\",138.5],[\"2026-11-09\",145],[\"2026-11-10\",146.5],[\"2026-11-11\",151.5],[\"2026-11-12\",145.5],[\"2026-11-13\",146.5]]}","ifam_pe_river":"{\"symbol\":\"1513\",\"source\":\"info.ifa.ai \u5e02\u5834\u8a55\u50f9\uff08\u672c\u76ca\u6bd4\u6cb3\u6d41\u5716\uff09\",\"sourceUrl\":\"https:\/\/info.ifa.ai\/tw-stock\/1513\/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\":\"9X\",\"values\":[68.22,68.22,68.22,68.22,68.22,68.22,68.22,68.22,71.38,71.38,71.38,71.38,71.38,71.38,71.38,71.38,71.38,71.38,71.38,71.38,72.86,72.86,72.86,72.86,72.86,72.86,72.86,72.86,72.86,72.86,72.86,72.86,72.86,78.77,78.77,78.77,78.77,78.77,78.77,78.77,78.77,78.77,78.77,78.77,78.77,78.77,81.46,81.46,81.46,81.46,81.46,81.46,81.46]},{\"label\":\"19X\",\"values\":[144.01,144.01,144.01,144.01,144.01,144.01,144.01,144.01,150.69,150.69,150.69,150.69,150.69,150.69,150.69,150.69,150.69,150.69,150.69,150.69,153.81,153.81,153.81,153.81,153.81,153.81,153.81,153.81,153.81,153.81,153.81,153.81,153.81,166.28,166.28,166.28,166.28,166.28,166.28,166.28,166.28,166.28,166.28,166.28,166.28,166.28,171.97,171.97,171.97,171.97,171.97,171.97,171.97]},{\"label\":\"29X\",\"values\":[219.81,219.81,219.81,219.81,219.81,219.81,219.81,219.81,230.01,230.01,230.01,230.01,230.01,230.01,230.01,230.01,230.01,230.01,230.01,230.01,234.76,234.76,234.76,234.76,234.76,234.76,234.76,234.76,234.76,234.76,234.76,234.76,234.76,253.8,253.8,253.8,253.8,253.8,253.8,253.8,253.8,253.8,253.8,253.8,253.8,253.8,262.48,262.48,262.48,262.48,262.48,262.48,262.48]},{\"label\":\"39X\",\"values\":[295.6,295.6,295.6,295.6,295.6,295.6,295.6,295.6,309.32,309.32,309.32,309.32,309.32,309.32,309.32,309.32,309.32,309.32,309.32,309.32,315.71,315.71,315.71,315.71,315.71,315.71,315.71,315.71,315.71,315.71,315.71,315.71,315.71,341.32,341.32,341.32,341.32,341.32,341.32,341.32,341.32,341.32,341.32,341.32,341.32,341.32,352.99,352.99,352.99,352.99,352.99,352.99,352.99]},{\"label\":\"49X\",\"values\":[371.4,371.4,371.4,371.4,371.4,371.4,371.4,371.4,388.63,388.63,388.63,388.63,388.63,388.63,388.63,388.63,388.63,388.63,388.63,388.63,396.66,396.66,396.66,396.66,396.66,396.66,396.66,396.66,396.66,396.66,396.66,396.66,396.66,428.83,428.83,428.83,428.83,428.83,428.83,428.83,428.83,428.83,428.83,428.83,428.83,428.83,443.49,443.49,443.49,443.49,443.49,443.49,443.49]},{\"label\":\"59X\",\"values\":[447.2,447.2,447.2,447.2,447.2,447.2,447.2,447.2,467.95,467.95,467.95,467.95,467.95,467.95,467.95,467.95,467.95,467.95,467.95,467.95,477.62,477.62,477.62,477.62,477.62,477.62,477.62,477.62,477.62,477.62,477.62,477.62,477.62,516.35,516.35,516.35,516.35,516.35,516.35,516.35,516.35,516.35,516.35,516.35,516.35,516.35,534,534,534,534,534,534,534]}],\"price\":{\"label\":\"\u80a1\u50f9\",\"values\":[146,151.5,149.5,147.5,152.5,151,150.5,149.5,148.5,146.5,160,184,168.5,158.5,163.5,175.5,160,158,157.5,152,144,150.5,153,149.5,148.5,158,150,156.5,166.5,170.5,167,176.5,175.5,176.5,168.5,158.5,158,153.5,157.5,170,166,168,165.5,165,167,166,167.5,167,165,160,153,138.5,145.5]}}","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>\u4e2d\u8208\u96fb\u4ee5\u91cd\u96fb\u8a2d\u5099\uff08GIS \u6c23\u9ad4\u7d55\u7de3\u958b\u95dc\u8a2d\u5099\u7b49\uff09\u70ba\u6838\u5fc3\uff0c\u4e26\u7d93\u71df\u767c\u96fb\u6a5f\u3001\u6a5f\u623f\u7a7a\u8abf\u8207\u6c2b\u80fd\u7b49\u4e8b\u696d\uff1a\u7e3d\u7d93\u7406\u90ed\u6167\u5a1f 2026 \u5e74 4 \u6708\u6cd5\u8aaa\u6703\u8868\u793a\uff0c\u91cd\u96fb\u5728\u624b\u8a02\u55ae 431 \u5104\u5143\uff0c\u9664\u53f0\u96fb\u5f37\u97cc\u96fb\u7db2\u8a08\u756b 5,600 \u591a\u5104\u5143\u5916\uff0c\u53f0\u96fb\u53c8\u65b0\u589e 334 \u5104\u5143\u914d\u96fb\u7cfb\u7d71\u4e94\u5e74\u5347\u7d1a\u8a08\u756b\uff1b\u7b2c\u4e09\u5b63\u71df\u6536 73.3 \u5104\u5143\uff0c\u6bcf\u80a1\u76c8\u9918 2.61 \u5143\uff0c\u524d\u4e09\u5b63\u6bcf\u80a1\u76c8\u9918 7.11 \u5143\uff0c\u5747\u5275\u540c\u671f\u65b0\u9ad8\u3002<\/strong><\/p>\n<h4>\u53f0\u96fb\u96fb\u7db2\u8207\u534a\u5c0e\u9ad4 GIS<\/h4>\n<p>\u516c\u53f8\u5728\u5e74\u5831\u4e2d\u6307\u51fa\uff0c2025 \u5e74\u5408\u4f75\u71df\u696d\u6536\u5165 274.49 \u5104\u5143\u3001\u5e74\u589e 7.18%\uff0c\u6b78\u5c6c\u6bcd\u516c\u53f8\u6de8\u5229 39.88 \u5104\u5143\u3001\u5e74\u589e 10.09%\uff0c\u6bcf\u80a1\u76c8\u9918 8.07 \u5143\uff0c\u5275\u6b77\u53f2\u65b0\u9ad8\u3002\u90ed\u6167\u5a1f 4 \u6708\u8868\u793a\uff0c\u4e2d\u8208\u96fb\u5728\u53f0\u96fb\u9ad4\u7cfb\u7684 GIS \u5e02\u5360\u7387\u7d04 80%\uff0c\u975e\u53f0\u96fb\u9ad4\u7cfb\u7d04 65%\uff0c\u5c07\u589e\u52a0\u696d\u52d9\u4eba\u54e1\u958b\u62d3\u6c11\u71df\u5e02\u5834\uff1bGIS \u7522\u54c1\u5df2\u6210\u70ba\u7279\u5b9a\u534a\u5c0e\u9ad4\u5ee0\u7684\u5408\u683c\u4f9b\u61c9\u5546\u3002\u516c\u53f8 5 \u6708\u80a1\u6771\u6703\u8868\u793a\uff0c\u5728\u624b\u8a02\u55ae\u7d04 400 \u5104\u5143\uff0c\u90e8\u5206\u8a02\u55ae\u80fd\u898b\u5ea6\u5230 2031 \u5e74\uff0c2026 \u5e74\u65b0\u63a5\u8a02\u55ae\u76ee\u6a19\u70ba 200 \u5104\u81f3 250 \u5104\u5143\u3002<\/p>\n<h4>\u6d77\u5916\u5e02\u5834\u8207 AI \u8cc7\u6599\u4e2d\u5fc3<\/h4>\n<p>\u90ed\u6167\u5a1f\u8868\u793a\uff0c\u4e2d\u570b\u5927\u9678\u7684\u5916\u92b7\u7522\u80fd\u5df2\u7d93\u6eff\u55ae\uff0c\u73fe\u968e\u6bb5\u8ab2\u984c\u662f\u5982\u4f55\u589e\u52a0\u7522\u80fd\uff1b\u5916\u92b7\u4e3b\u529b\u5728\u65e5\u672c\uff0c\u4e26\u5df2\u9032\u8ecd\u5370\u5ea6\u8207\u8d8a\u5357\u3002\u516c\u53f8 8 \u6708\u8868\u793a\uff0c\u6d77\u5916\u71df\u6536\u5360\u6bd4\u7d04 5% \u81f3 10%\uff0c\u5317\u7f8e\u5e02\u5834\u4e3b\u8981\u914d\u5408\u534a\u5c0e\u9ad4\u5ba2\u6236\u6d77\u5916\u5efa\u5ee0\u51fa\u8ca8\uff0c\u9032\u5ea6\u9808\u8996\u5ba2\u6236\u5efa\u5ee0\u6642\u7a0b\u3002AI \u8cc7\u6599\u4e2d\u5fc3\u65b9\u9762\uff0c\u90ed\u6167\u5a1f 4 \u6708\u9810\u671f\u767c\u96fb\u6a5f\u8207\u6a5f\u623f\u7a7a\u8abf\u696d\u52d9 2026 \u5e74\u53ef\u671b\u6210\u9577 15%\uff0c\u516c\u53f8\u4e26\u958b\u767c\u6a5f\u96fb\u6574\u5408\u3001\u7a7a\u8abf\u5099\u63f4\u8207\u6a21\u7d44\u5316\u6a5f\u623f\u7b49\u65b9\u6848\uff0c\u8a55\u4f30\u555f\u52d5 AI \u8cc7\u6599\u4e2d\u5fc3\u7d71\u5305\u5efa\u7f6e\u696d\u52d9\u3002\u6c2b\u80fd\u4e8b\u696d\u76ee\u524d\u5c0d\u7372\u5229\u8ca2\u737b\u5c1a\u4e0d\u986f\u8457\uff0c\u516c\u53f8\u8868\u793a 2026 \u5e74\u662f\u95dc\u9375\u5e74\uff0c\u4e0b\u534a\u5e74\u9032\u884c\u6c2b\u80fd\u767c\u96fb\u3001\u63d0\u4f9b\u7da0\u96fb\u670d\u52d9\u3002<\/p>\n<h4>\u5916\u90e8\u6a5f\u69cb\u89c0\u9ede<\/h4>\n<p>\u5728\u7522\u696d\u5c64\u9762\uff0c\u96c6\u90a6\u79d1\u6280 9 \u6708\u9810\u4f30\u5168\u7403\u8cc7\u6599\u4e2d\u5fc3\u96fb\u529b\u9700\u6c42\u5bb9\u91cf\u7531 2025 \u5e74\u7684 122.9GW \u589e\u81f3 2026 \u5e74\u7684 161GW\u3001\u5e74\u589e\u7d04 31%\uff0c2030 \u5e74\u53ef\u4f9b\u8cc7\u6599\u4e2d\u5fc3\u4f7f\u7528\u7684\u96fb\u7db2\u5bb9\u91cf\u8207\u9700\u6c42\u4e4b\u9593\u5c07\u51fa\u73fe\u660e\u986f\u7f3a\u53e3\u3002\u9ad8\u76db\u9810\u4f30\u7f8e\u570b\u8cc7\u6599\u4e2d\u5fc3\u7528\u96fb\u9700\u6c42\u5c07\u7531 2025 \u5e74\u7684 31GW \u589e\u81f3 2027 \u5e74\u7684 66GW\u3002<\/p>\n<h4>\u5e02\u5834\u95dc\u6ce8\u7684\u8b8a\u6578<\/h4>\n<p>\u5728\u624b\u8a02\u55ae\u7531 4 \u6708\u7684 431 \u5104\u5143\u8b8a\u70ba 11 \u6708\u7684 413 \u5104\u5143\uff0c\u65b0\u63a5\u8a02\u55ae\u80fd\u5426\u9054\u6210\u5168\u5e74\u76ee\u6a19\uff0c\u4ee5\u53ca\u53f0\u96fb\u8207\u534a\u5c0e\u9ad4\u5ba2\u6236\u7684\u62c9\u8ca8\u6642\u7a0b\uff0c\u5c07\u5f71\u97ff\u5f8c\u7e8c\u71df\u6536\uff1b\u6d77\u5916\u7522\u80fd\u7684\u64f4\u5145\u9032\u5ea6\u8207\u6c2b\u80fd\u4e8b\u696d\u7684\u5546\u696d\u5316\uff0c\u5247\u95dc\u4fc2\u5230\u91cd\u96fb\u672c\u696d\u4ee5\u5916\u7684\u6210\u9577\u3002<\/p>\n","ifam_val_profit":"<p>\u76ee\u524d\u5e02\u5834\u666e\u904d\u9810\u4f30\uff0c\u4e2d\u8208\u96fb\uff081513\uff092026 \u5e74\u5408\u4f75\u71df\u6536\u7d04 297.0 \u5104\u5143\u3001\u6bcf\u80a1\u76c8\u9918\u7d04 8.9 \u5143\uff1b2027 \u5e74\u71df\u6536\u7d04 337.8 \u5104\u5143\u3001\u6bcf\u80a1\u76c8\u9918\u7d04 10.5 \u5143\u3002<\/p>\n<ul>\n<li><strong>2026 \u5e74\uff1a\u71df\u6536\u6210\u9577\u56de\u5230\u500b\u4f4d\u6578\uff0c\u7372\u5229\u6210\u9577\u7565\u5feb\u65bc\u71df\u6536\u3002<\/strong> \u5171\u8b58\u71df\u6536 297.0 \u5104\u5143\uff08\u5e74\u589e 8.2%\uff09\u3001\u6bcf\u80a1\u76c8\u9918 8.94 \u5143\uff08\u5e74\u589e 10.8%\uff09\u3002\u5404\u5bb6\u9810\u4f30\u76f8\u7576\u96c6\u4e2d\u2014\u2014\u71df\u6536\u843d\u5728 289.3 \u81f3 302.0 \u5104\u5143\u3001\u6bcf\u80a1\u76c8\u9918\u843d\u5728 8.59 \u81f3 9.28 \u5143\uff0c\u5dee\u8ddd\u90fd\u5728\u4e00\u6210\u4ee5\u5167\uff0c\u4ee3\u8868\u4eca\u5e74\u7684\u80fd\u898b\u5ea6\u9ad8\u3002<\/li>\n<li><strong>2027 \u5e74\uff1a\u6210\u9577\u52a0\u901f\uff0c\u71df\u6536\u8207\u7372\u5229\u90fd\u56de\u5230\u96d9\u4f4d\u6578\u3002<\/strong> \u5171\u8b58\u71df\u6536 337.8 \u5104\u5143\uff08\u5e74\u589e 13.7%\uff09\u3001\u6bcf\u80a1\u76c8\u9918 10.46 \u5143\uff08\u5e74\u589e 17.0%\uff09\u3002\u5340\u9593\u653e\u5bec\u5230\u71df\u6536 304.5 \u81f3 360.8 \u5104\u5143\u3001\u6bcf\u80a1\u76c8\u9918 9.72 \u81f3 11.94 \u5143\uff0c\u5206\u6b67\u6bd4 2026 \u5e74\u5927\uff0c\u4f46\u65b9\u5411\u4e00\u81f4\u3002<\/li>\n<\/ul>\n<p>\u5be6\u7e3e\u5c0d\u7167\uff1a2026 \u5e74\u4e0a\u534a\u5e74\u5408\u4f75\u71df\u6536 140.24 \u5104\u5143\u3001\u5e74\u589e 3.5%\uff0c\u6bcf\u80a1\u76c8\u9918 4.50 \u5143\uff1b1\uff0d9 \u6708\u7d2f\u8a08 213.53 \u5104\u5143\u3001\u5e74\u589e 5.0%\u3002\u8981\u9054\u5230\u5168\u5e74 297.0 \u5104\u5143\u7684\u5171\u8b58\uff0c\u7b2c 4 \u5b63\u5f97\u505a\u5230 83.5 \u5104\u5143\uff0c\u6bd4\u53bb\u5e74\u540c\u671f\u7684 71.1 \u5104\u5143\u6210\u9577 17.5%\uff0c\u800c 9 \u6708\u55ae\u6708\u7684 24.17 \u5104\u5143\u5df2\u7d93\u5e74\u589e 11.3%\u3002\u7372\u5229\u9019\u908a\uff0c\u4e0a\u534a\u5e74\u7684 4.50 \u5143\u52a0\u4e0a\u5171\u8b58\u5168\u5e74\u7684 8.94 \u5143\uff0c\u96b1\u542b\u4e0b\u534a\u5e74\u7d04 4.44 \u5143\uff0c\u8207\u53bb\u5e74\u4e0b\u534a\u5e74\u7684 4.39 \u5143\u5e7e\u4e4e\u6301\u5e73\u2014\u2014\u4e5f\u5c31\u662f\u8aaa\u5171\u8b58\u7684\u6210\u9577\u4e3b\u8981\u9760\u4e0a\u534a\u5e74\u5df2\u7d93\u5165\u5e33\u7684\u90e8\u5206\uff0c\u4e0b\u534a\u5e74\u53ea\u8981\u4e0d\u8870\u9000\u5c31\u9054\u5f97\u5230\u3002\u6bdb\u5229\u7387\u662f\u95dc\u9375\u8b8a\u6578\uff1a\u55ae\u5b63\u6bdb\u5229\u7387\u5df2\u7531 2025 \u5e74\u7b2c 2 \u5b63\u7684 24.7% \u5347\u5230 2026 \u5e74\u7b2c 2 \u5b63\u7684 28.4%\u3002<\/p>\n","ifam_val_multiple":"","ifam_strategy_on":"1","ifam_trades":"{\"fileName\":\"\",\"source\":\"\u6bcf\u65e5\u81ea\u52d5\u66f4\u65b0\",\"sheet\":\"\u4e2d\u8208\u96fb(1513)\u9032\u51fa\u7d00\u9304\",\"blocks\":[{\"title\":\"Trending Value 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\",\"2026-01-21\",\"2026-02-06\",\"16\",\"177.00\",\"163.00\",\"-7.91%\",\"177.50\",\"158.50\",\"-10.70%\"]]},{\"title\":\"Trending Value 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\",\"2026-01-21\",\"2026-02-06\",\"16\",\"177.00\",\"163.00\",\"-7.91%\",\"177.50\",\"158.50\",\"-10.70%\"]]}],\"parsedAt\":\"2026-11-13T07:24:50.257Z\"}","ifam_valuation":"{\"matrix\":{\"corner\":\"\",\"title\":\"\",\"note\":\"\",\"columns\":[{\"order\":1,\"year\":\"2025(A)\",\"eps\":8.1,\"label\":\"2025(A)\uff1a8.1 \u5143\"},{\"order\":2,\"year\":\"2026(E)\",\"eps\":8.9,\"label\":\"2026(E)\uff1a8.9 \u5143\"},{\"order\":3,\"year\":\"2027(F)\",\"eps\":10.5,\"label\":\"2027(F)\uff1a10.5 \u5143\"}],\"rows\":[{\"order\":1,\"pe\":146.5,\"peLabel\":\"146 \u5143\",\"desc\":\"2026-11-13\",\"cells\":[{\"order\":1,\"price\":18.08641975308642,\"text\":\"18.1 \u500d\",\"hl\":false},{\"order\":2,\"price\":16.46067415730337,\"text\":\"16.5 \u500d\",\"hl\":false},{\"order\":3,\"price\":13.952380952380953,\"text\":\"14.0 \u500d\",\"hl\":false}]}]}}","ifam_val_range":"<p>\u76ee\u524d\u4e2d\u8208\u96fb\u80a1\u50f9\u7d04\u5728 140\u2013160 \u5143\uff082026\/11\/13 \u6536\u76e4\u50f9 146 \u5143\uff09\uff0c\u7d04\u70ba 2026E EPS 8.9 \u5143\u7684 16 \u500d\u30012027 \u5e74\u7684 14 \u500d\u3002<\/p>\n","footnotes":""},"categories":[8],"tags":[],"ifam_industry":[23],"ifam_strategy":[],"class_list":["post-371","post","type-post","status-publish","format-standard","hentry","category-stock","ifam_industry-electric-machinery"],"_links":{"self":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/371","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=371"}],"version-history":[{"count":2,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/371\/revisions"}],"predecessor-version":[{"id":622,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/371\/revisions\/622"}],"wp:attachment":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/media?parent=371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/categories?post=371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/tags?post=371"},{"taxonomy":"ifam_industry","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_industry?post=371"},{"taxonomy":"ifam_strategy","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_strategy?post=371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}