{"id":427,"date":"2026-10-30T17:01:35","date_gmt":"2026-10-30T09:01:35","guid":{"rendered":"https:\/\/ifa.ai\/research\/8454tt\/"},"modified":"2026-11-13T22:03:48","modified_gmt":"2026-11-13T14:03:48","slug":"8454tt","status":"publish","type":"post","link":"https:\/\/ifa.ai\/research\/8454tt\/","title":{"rendered":"[\u5bcc\u90a6\u5a92 (8454)] \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\u90a6\u5a92"},"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":"8454","ifam_company":"\u5bcc\u90a6\u5a92","ifam_market":"\u53f0\u80a1","ifam_updated_at":"","ifam_business":"<p><strong>\u5bcc\u90a6\u5a92\u9ad4\u79d1\u6280\uff088454\uff0cmomo\uff09\u4e3b\u8981\u7684\u71df\u6536\u4f86\u6e90\u662f\u96fb\u5546\uff1a2026 \u5e74\u4e0a\u534a\u5e74\u96fb\u5546\u4e8b\u696d\u7fa4\u5c31\u5360\u4e86\u5408\u4f75\u71df\u6536\u7684 97.4%\u3002<\/strong><\/p>\n<p>\u4f9d\u8ca1\u5831\u7684\u90e8\u9580\u5225\uff0c2026 \u5e74\u4e0a\u534a\u5e74\u96fb\u5546\u4e8b\u696d\u7fa4\u5360\u5408\u4f75\u71df\u6536 97.4%\u3001\u5f71\u97f3\u4e8b\u696d\u7fa4 2.4%\u3001\u5176\u4ed6 0.1%\uff1b2025 \u5e74\u5168\u5e74\u70ba 97.2%\u30012.7% \u8207 0.1%\uff0c\u7d50\u69cb\u5e7e\u4e4e\u6c92\u8b8a\u3002\u8ca1\u5831\u8aaa\u660e\u300c\u5176\u4ed6\u300d\u90e8\u9580\u4e3b\u8981\u662f\u5404\u5408\u4f75\u5b50\u516c\u53f8\u2014\u2014\u65c5\u884c\u793e\u3001\u4fdd\u96aa\u4ee3\u7406\u3001\u7269\u6d41\u904b\u8f38\u3001\u5546\u54c1\u6279\u767c\u96f6\u552e\u7b49\uff0c\u5747\u672a\u9054\u61c9\u5831\u5c0e\u90e8\u9580\u7684\u91cf\u5316\u9580\u6abb\u3002\u516c\u53f8\u767b\u8a18\u7684\u4e3b\u8981\u7d93\u71df\u696d\u52d9\u662f\u4e00\u822c\u5546\u54c1\u6279\u767c\u96f6\u552e\u696d\u8207\u7121\u5e97\u9762\u96f6\u552e\u696d\u3002<\/p>\n<p>\u9019\u662f\u4e00\u9580\u898f\u6a21\u5927\u3001\u6bdb\u5229\u8584\u7684\u751f\u610f\u30022025 \u5e74\u5408\u4f75\u71df\u6536 1,086.66 \u5104\u5143\uff08\u5e74\u6e1b 3.5%\uff09\u3001\u6bcf\u80a1\u76c8\u9918 11.29 \u5143\uff1b2026 \u5e74\u4e0a\u534a\u5e74\u71df\u6536 536.86 \u5104\u5143\uff08\u5e74\u589e 2.4%\uff09\u3001\u6bcf\u80a1\u76c8\u9918 4.80 \u5143\u3002\u5229\u6f64\u7387\u975e\u5e38\u7a69\u5b9a\u4f46\u4e5f\u5f88\u8584\u2014\u2014\u8fd1\u4e94\u5b63\u7684\u6bdb\u5229\u7387\u90fd\u5728 8.9% \u81f3 9.2% \u4e4b\u9593\uff0c\u55ae\u5b63\u71df\u696d\u5229\u76ca\u7387\u5728 2.6% \u81f3 3.0% \u4e4b\u9593\uff0c\u6c92\u6709\u64fa\u52d5\u7684\u7a7a\u9593\u30029 \u6708\u55ae\u6708\u71df\u6536 85.92 \u5104\u5143\u3001\u5e74\u589e 8.2%\uff0c1\uff0d9 \u6708\u7d2f\u8a08 799.83 \u5104\u5143\u3001\u5e74\u589e 3.9%\u3002<\/p>\n<p>\u516c\u53f8 2004 \u5e74\u6210\u7acb\u30012014 \u5e74\u4e0a\u5e02\u30022024 \u8207 2025 \u5e74\u5404\u914d\u767c 0.5 \u5143\u7684\u80a1\u7968\u80a1\u5229\uff0c\u672c\u8868\u300c\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918\u300d\u5df2\u6309\u76ee\u524d\u80a1\u6578\u8ffd\u6eaf\u91cd\u7de8\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\u5546\u4e8b\u696d\u7fa4\",\"97.2%\",\"97.0%\",\"97.4%\",\"97.4%\"],[\"\u5f71\u97f3\u4e8b\u696d\u7fa4\",\"2.7%\",\"3.0%\",\"2.5%\",\"2.4%\"],[\"\u5176\u4ed6\",\"0.1%\",\"0.1%\",\"0.1%\",\"0.1%\"],[\"\u5408\u8a08\",\"100.0%\",\"100.0%\",\"100.0%\",\"100.0%\"]],\"notes\":[]}]","ifam_revenue_trend":"{\"tabs\":[{\"key\":\"month\",\"label\":\"\u6708\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\"],\"rows\":[[\"1~10\u6708\u7d2f\u8a08\",\"88,076\",\"84,791\",\"87,244\"],[\"12\u6708\",\"\uff0d\",\"9,196\",\"9,747\"],[\"11\u6708\",\"\uff0d\",\"14,679\",\"15,573\"],[\"10\u6708\",\"8,093\",\"7,799\",\"8,156\"],[\"9\u6708\",\"8,592\",\"7,938\",\"8,245\"],[\"8\u6708\",\"9,150\",\"8,488\",\"8,762\"],[\"7\u6708\",\"8,555\",\"8,130\",\"8,546\"],[\"6\u6708\",\"9,825\",\"9,225\",\"9,559\"],[\"5\u6708\",\"8,987\",\"8,633\",\"8,978\"],[\"4\u6708\",\"8,281\",\"8,173\",\"8,120\"],[\"3\u6708\",\"9,142\",\"8,956\",\"9,024\"],[\"2\u6708\",\"8,129\",\"8,301\",\"8,189\"],[\"1\u6708\",\"9,323\",\"9,148\",\"9,665\"]]},{\"key\":\"quarter\",\"label\":\"\u5b63\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026Q3\",\"2026Q2\",\"2026Q1\",\"2025Q4\",\"2025Q3\",\"2025Q2\",\"2025Q1\",\"2024Q4\"],\"rows\":[[\"\u71df\u6536\",\"26,297\",\"27,093\",\"26,593\",\"31,674\",\"24,556\",\"26,031\",\"26,405\",\"33,476\"],[\"\u5e74\u589e\u7387\",\"+7.1%\",\"+4.1%\",\"+0.7%\",\"-5.4%\",\"-3.9%\",\"-2.3%\",\"-1.8%\",\"+1.9%\"],[\"\u5b63\u589e\u7387\",\"-2.9%\",\"+1.9%\",\"-16.0%\",\"+29.0%\",\"-5.7%\",\"-1.4%\",\"-21.1%\",\"+31.0%\"]]},{\"key\":\"half\",\"label\":\"\u534a\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026H1\",\"2025H2\",\"2025H1\",\"2024H2\",\"2024H1\",\"2023H2\"],\"rows\":[[\"\u71df\u6536\",\"53,686\",\"56,230\",\"52,436\",\"59,029\",\"53,535\",\"57,910\"],[\"\u5e74\u589e\u7387\",\"+2.4%\",\"-4.7%\",\"-2.1%\",\"+1.9%\",\"+4.3%\",\"+4.6%\"],[\"\u534a\u5e74\u589e\u7387\",\"-4.5%\",\"+7.2%\",\"-11.2%\",\"+10.3%\",\"-7.6%\",\"+12.8%\"]]},{\"key\":\"year\",\"label\":\"\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026 (1~10\u6708)\",\"2025\",\"2024\"],\"rows\":[[\"\u71df\u6536\",\"88,076\",\"108,666\",\"112,564\"],[\"\u5e74\u589e\u7387\",\"+3.9%\",\"-3.5%\",\"+3.0%\"]]}]}","ifam_income_tabs":"{\"note\":\"\u55ae\u4f4d\uff1a\u65b0\u53f0\u5e63\u767e\u842c\u5143\uff0c\u6bcf\u80a1\u76c8\u9918\u70ba\u5143\uff1b\u7a05\u5f8c\u6de8\u5229\u8207\u6de8\u5229\u7387\u63a1\u6b78\u5c6c\u6bcd\u516c\u53f8\u696d\u4e3b\u6de8\u5229\u30022026 \u5e74\u50c5\u81f3 Q3\u3002\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918\uff1a\u4f9d\u80a1\u672c\u8b8a\u52d5\uff082022-06 \u914d\u80a1\u30012023-08 \u914d\u80a1\u30012024-08 \u914d\u80a1\u30012025-08 \u914d\u80a1\uff09\u5c07\u904e\u53bb\u5404\u671f\u63db\u7b97\u70ba\u73fe\u884c\u80a1\u6578\u57fa\u790e\uff0c\u4fbf\u65bc\u8207\u76ee\u524d\u80a1\u50f9\u6bd4\u8f03\uff1b\u4e0a\u4e00\u5217\u70ba\u516c\u53f8\u8ca1\u5831\u539f\u503c\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\",\"31,674\",\"33,476\",\"32,836\",\"31,803\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"3,006\",\"3,273\",\"3,057\",\"3,187\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"1,147\",\"1,439\",\"1,379\",\"1,349\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"921\",\"1,111\",\"1,147\",\"1,021\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"3.48\",\"4.40\",\"4.78\",\"4.67\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"3.48\",\"4.19\",\"4.34\",\"3.85\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"9.5%\",\"9.8%\",\"9.3%\",\"10.0%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"3.6%\",\"4.3%\",\"4.2%\",\"4.2%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"2.9%\",\"3.3%\",\"3.5%\",\"3.2%\"]]},{\"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\",\"108,666\",\"112,564\",\"109,243\",\"103,436\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"9,919\",\"10,517\",\"10,543\",\"10,272\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"3,352\",\"4,303\",\"4,385\",\"4,285\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"2,991\",\"3,454\",\"3,628\",\"3,435\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"11.29\",\"13.69\",\"15.10\",\"15.72\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"11.29\",\"13.04\",\"13.70\",\"12.96\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"9.1%\",\"9.3%\",\"9.7%\",\"9.9%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"3.1%\",\"3.8%\",\"4.0%\",\"4.1%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"2.8%\",\"3.1%\",\"3.3%\",\"3.3%\"]]}]},{\"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\",\"26,297\",\"24,556\",\"25,553\",\"25,075\",\"23,558\"],[\"\u71df\u696d\u6bdb\u5229\",\"2,423\",\"2,188\",\"2,279\",\"2,322\",\"2,230\"],[\"\u71df\u696d\u5229\u76ca\",\"717\",\"645\",\"823\",\"913\",\"878\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"586\",\"559\",\"666\",\"750\",\"756\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"2.21\",\"2.11\",\"2.64\",\"3.12\",\"3.46\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"2.11\",\"2.51\",\"2.83\",\"2.85\"],[\"\u6bdb\u5229\u7387\",\"9.2%\",\"8.9%\",\"8.9%\",\"9.3%\",\"9.5%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"2.7%\",\"2.6%\",\"3.2%\",\"3.6%\",\"3.7%\"],[\"\u6de8\u5229\u7387\",\"2.2%\",\"2.3%\",\"2.6%\",\"3.0%\",\"3.2%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~9\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"79,983\",\"76,992\",\"79,088\",\"76,407\",\"71,634\"],[\"\u71df\u696d\u6bdb\u5229\",\"7,329\",\"6,914\",\"7,244\",\"7,486\",\"7,085\"],[\"\u71df\u696d\u5229\u76ca\",\"2,298\",\"2,204\",\"2,864\",\"3,006\",\"2,936\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"1,859\",\"2,070\",\"2,343\",\"2,481\",\"2,414\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"7.01\",\"7.81\",\"9.29\",\"10.32\",\"11.05\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"7.81\",\"8.85\",\"9.36\",\"9.11\"],[\"\u6bdb\u5229\u7387\",\"9.2%\",\"9.0%\",\"9.2%\",\"9.8%\",\"9.9%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"2.9%\",\"2.9%\",\"3.6%\",\"3.9%\",\"4.1%\"],[\"\u6de8\u5229\u7387\",\"2.3%\",\"2.7%\",\"3.0%\",\"3.2%\",\"3.4%\"]]}]},{\"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\",\"27,093\",\"26,031\",\"26,657\",\"26,212\",\"25,138\"],[\"\u71df\u696d\u6bdb\u5229\",\"2,499\",\"2,388\",\"2,427\",\"2,608\",\"2,479\"],[\"\u71df\u696d\u5229\u76ca\",\"793\",\"773\",\"924\",\"1,001\",\"1,019\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"630\",\"652\",\"768\",\"843\",\"832\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"2.38\",\"2.58\",\"3.20\",\"3.85\",\"3.81\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"2.38\",\"2.46\",\"2.90\",\"3.17\",\"3.14\"],[\"\u6bdb\u5229\u7387\",\"9.2%\",\"9.2%\",\"9.1%\",\"9.9%\",\"9.9%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"2.9%\",\"3.0%\",\"3.5%\",\"3.8%\",\"4.1%\"],[\"\u6de8\u5229\u7387\",\"2.3%\",\"2.5%\",\"2.9%\",\"3.2%\",\"3.3%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~6\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"53,686\",\"52,436\",\"53,535\",\"51,332\",\"48,076\"],[\"\u71df\u696d\u6bdb\u5229\",\"4,906\",\"4,726\",\"4,965\",\"5,163\",\"4,854\"],[\"\u71df\u696d\u5229\u76ca\",\"1,581\",\"1,559\",\"2,042\",\"2,093\",\"2,058\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"1,273\",\"1,512\",\"1,677\",\"1,731\",\"1,658\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"4.80\",\"5.99\",\"6.98\",\"7.92\",\"7.59\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"4.80\",\"5.70\",\"6.33\",\"6.53\",\"6.26\"],[\"\u6bdb\u5229\u7387\",\"9.1%\",\"9.0%\",\"9.3%\",\"10.1%\",\"10.1%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"2.9%\",\"3.0%\",\"3.8%\",\"4.1%\",\"4.3%\"],[\"\u6de8\u5229\u7387\",\"2.4%\",\"2.9%\",\"3.1%\",\"3.4%\",\"3.4%\"]]}]},{\"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\",\"26,593\",\"26,405\",\"26,878\",\"25,120\",\"22,937\"],[\"\u71df\u696d\u6bdb\u5229\",\"2,408\",\"2,337\",\"2,537\",\"2,556\",\"2,375\"],[\"\u71df\u696d\u5229\u76ca\",\"788\",\"786\",\"1,117\",\"1,092\",\"1,039\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"644\",\"860\",\"909\",\"888\",\"826\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"2.43\",\"3.41\",\"3.78\",\"4.07\",\"4.53\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"2.43\",\"3.25\",\"3.43\",\"3.36\",\"3.11\"],[\"\u6bdb\u5229\u7387\",\"9.1%\",\"8.9%\",\"9.4%\",\"10.2%\",\"10.4%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"3.0%\",\"3.0%\",\"4.2%\",\"4.3%\",\"4.5%\"],[\"\u6de8\u5229\u7387\",\"2.4%\",\"3.3%\",\"3.4%\",\"3.5%\",\"3.6%\"]]}]}]}","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\",\"9.2%\",\"9.2%\",\"9.1%\",\"9.5%\",\"8.9%\",\"9.2%\",\"8.9%\",\"9.8%\"],[\"\u6de8\u5229\u7387\",\"2.2%\",\"2.3%\",\"2.4%\",\"2.9%\",\"2.3%\",\"2.5%\",\"3.3%\",\"3.3%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"35.2%\",\"36.0%\",\"35.8%\",\"45.8%\",\"32.3%\",\"33.7%\",\"32.8%\",\"47.5%\"],[\"ROCE*\",\"28.2%\",\"28.7%\",\"26.8%\",\"39.7%\",\"24.3%\",\"26.5%\",\"24.4%\",\"44.0%\"]]},{\"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\",\"+7.1%\",\"+4.1%\",\"+0.7%\",\"-5.4%\",\"-3.9%\",\"-2.3%\",\"-1.8%\",\"+1.9%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+5.0%\",\"-3.3%\",\"-25.0%\",\"-16.4%\",\"-16.0%\",\"-15.1%\",\"-5.5%\",\"-3.2%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-31.2%\",\"+27.6%\",\"+885.7%\",\"-40.5%\",\"-234.6%\",\"+14.5%\",\"-89.3%\",\"+26.2%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-23.2%\",\"+64.6%\",\"+465.5%\",\"-53.9%\",\"-1416.0%\",\"-7.5%\",\"-132.1%\",\"+36.1%\"]]},{\"title\":\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"head\":[\"\",\"2026 Q3\",\"2026 Q2\",\"2026 Q1\",\"2025 Q4\",\"2025 Q3\",\"2025 Q2\",\"2025 Q1\",\"2024 Q4\"],\"rows\":[[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"0.7\",\"0.6\",\"0.6\",\"0.7\",\"1.0\",\"0.8\",\"0.8\",\"0.7\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"18.2\",\"15.4\",\"16.8\",\"15.4\",\"18.4\",\"15.7\",\"16.7\",\"14.6\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"38.3\",\"36.0\",\"35.5\",\"30.2\",\"39.1\",\"36.9\",\"37.5\",\"30.7\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"-19.4\",\"-20.0\",\"-18.1\",\"-14.0\",\"-19.7\",\"-20.4\",\"-20.1\",\"-15.4\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"0.62\",\"0.69\",\"0.75\",\"0.73\",\"0.67\",\"0.75\",\"0.89\",\"0.88\"],[\"\u901f\u52d5\u6bd4\u7387\",\"0.28\",\"0.46\",\"0.47\",\"0.41\",\"0.33\",\"0.52\",\"0.61\",\"0.58\"]]}]},{\"key\":\"year\",\"label\":\"\u5e74\u5ea6\",\"tables\":[{\"title\":\"\u7372\u5229\u80fd\u529b\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u6bdb\u5229\u7387\",\"9.1%\",\"9.3%\",\"9.7%\",\"9.9%\",\"10.1%\"],[\"\u6de8\u5229\u7387\",\"2.8%\",\"3.1%\",\"3.3%\",\"3.3%\",\"3.7%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"35.3%\",\"36.6%\",\"38.6%\",\"41.6%\",\"43.8%\"],[\"ROCE*\",\"27.6%\",\"32.8%\",\"36.0%\",\"40.2%\",\"44.6%\"]]},{\"title\":\"\u6210\u9577\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"-3.5%\",\"+3.0%\",\"+5.6%\",\"+17.0%\",\"+31.5%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"-13.2%\",\"-4.8%\",\"+5.7%\",\"+4.8%\",\"+68.9%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-44.8%\",\"+65.8%\",\"-31.3%\",\"-6.8%\",\"+53.6%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-72.0%\",\"+94.2%\",\"-15.6%\",\"-46.4%\",\"+75.5%\"]]},{\"title\":\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"0.7\",\"0.7\",\"0.6\",\"0.5\",\"0.5\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"17.7\",\"16.8\",\"16.8\",\"16.1\",\"16.4\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"37.1\",\"36.9\",\"38.4\",\"37.6\",\"34.8\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"-18.7\",\"-19.4\",\"-21.0\",\"-21.0\",\"-17.9\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"0.73\",\"0.88\",\"0.98\",\"1.04\",\"1.17\"],[\"\u901f\u52d5\u6bd4\u7387\",\"0.41\",\"0.58\",\"0.67\",\"0.74\",\"0.88\"]]}]}]}","ifam_chips":"{\"date\":\"2026-11-12\",\"label\":\"11\/12\u7576\u65e5\",\"volume_lot\":\"269\",\"avg_price\":\"216.67\",\"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 216.67 \u5143\u63a8\u7b97\uff1b\u7576\u65e5\u7e3d\u6210\u4ea4\u91cf 269 \u5f35\u3002\",\"groups\":[{\"name\":\"\u5916\u8cc7\",\"dir\":\"up\",\"streak\":\"\u90233\u8ce3\u2192\u8cb7\",\"rows\":[[\"\u5f35\u6578\",\"143\",\"137\",\"+6\"],[\"\u91d1\u984d(\u5143)\",\"3,100\u842c\",\"2,972\u842c\",\"128\u842c\"],[\"\u5747\u50f9(\u5143)\",\"216.67\",\"216.67\",\"216.67\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"53.2%\",\"51.0%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u6295\u4fe1\",\"dir\":\"\",\"streak\":\"\",\"rows\":[[\"\u5f35\u6578\",\"0\",\"0\",\"+0\"],[\"\u91d1\u984d(\u5143)\",\"0\u842c\",\"0\u842c\",\"0\u842c\"],[\"\u5747\u50f9(\u5143)\",\"216.67\",\"216.67\",\"216.67\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"0.0%\",\"0.0%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u81ea\u71df\u5546\",\"dir\":\"down\",\"streak\":\"\u90232\u8cb7\u2192\u90234\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"8\",\"9\",\"-1\"],[\"\u91d1\u984d(\u5143)\",\"175\u842c\",\"200\u842c\",\"-25\u842c\"],[\"\u5747\u50f9(\u5143)\",\"216.67\",\"216.67\",\"216.67\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"3.0%\",\"3.4%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u4e09\u5927\u6cd5\u4eba\",\"dir\":\"up\",\"streak\":\"\u90233\u8ce3\u2192\u8cb7\",\"rows\":[[\"\u5f35\u6578\",\"151\",\"146\",\"+5\"],[\"\u91d1\u984d(\u5143)\",\"3,274\u842c\",\"3,172\u842c\",\"102\u842c\"],[\"\u5747\u50f9(\u5143)\",\"216.67\",\"216.67\",\"216.67\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"56.2%\",\"54.4%\",\"\u4e0d\u9069\u7528\"]]}]}","ifam_candle":"{\"date\":\"2026-11-13\",\"label\":\"11\/13\",\"today\":[],\"recent\":[{\"rule\":\"9-4\",\"name\":\"\u9318\u5b50\u7dda\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u9318\u5b50\u7dda\uff0c\u4f46\u7576\u65e5\u6536\u76e4\u6c92\u6709\u7ad9\u4e0a\u9318\u5b50\u7dda\u7684\u9ad8\u9ede\u3002\u4e0b\u65b9\u7684\u627f\u63a5\u9084\u6c92\u6709\u8f49\u6210\u653b\u52e2\uff0c\u80a1\u50f9\u65b9\u5411\u4ecd\u4e0d\u660e\u6717\u3002\",\"date\":\"11\/03\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"rule\":\"9-2\",\"name\":\"\u9577\u4e0b\u5f71\u9318\u5b50\u7dda\",\"level\":\"\u8f03\u5f37\u9810\u8b66\",\"dir\":\"up\",\"text\":\"\u80a1\u50f9\u4e0b\u8dcc\u4e00\u6bb5\u5f8c\uff0c\u51fa\u73fe\u4e00\u6839\u4e0b\u5f71\u7dda\u7279\u5225\u9577\u7684K\u7dda\uff0c\u6536\u76e4\u6536\u5728\u63a5\u8fd1\u7576\u65e5\u9ad8\u9ede\u7684\u4f4d\u7f6e\u3002\u76e4\u4e2d\u7684\u8ce3\u58d3\u5e7e\u4e4e\u88ab\u5168\u6578\u8cb7\u56de\uff0c\u4e0b\u65b9\u627f\u63a5\u7684\u529b\u9053\u6bd4\u4e00\u822c\u7684\u9318\u5b50\u7dda\u66f4\u660e\u986f\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u6b62\u8dcc\u56de\u5347\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"11\/02\",\"dir_word\":\"\u504f\u591a\"},{\"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\":\"10\/30\",\"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\":\"10\/29\",\"dir_word\":\"\u504f\u591a\"},{\"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\/29\",\"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\/28\",\"dir_word\":\"\u504f\u591a\"},{\"rule\":\"2-6\",\"name\":\"\u7a7a\u982d\u541e\u566c\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u7a7a\u982d\u541e\u566c\uff0c\u4f46\u7576\u65e5\u6c92\u6709\u7e7c\u7e8c\u6536\u4f4e\u3002\u53ef\u80fd\u53ea\u662f\u55ae\u65e5\u56de\u6a94\uff0c\u80a1\u50f9\u65b9\u5411\u4ecd\u4e0d\u660e\u6717\u3002\",\"date\":\"10\/27\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"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\":\"3-8\",\"name\":\"\u6d41\u661f\u7dda\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u6d41\u661f\u7dda\uff0c\u4f46\u7576\u65e5\u6c92\u6709\u9577\u9ed1K\u8ddf\u9032\u3002\u8ce3\u58d3\u6c92\u6709\u64f4\u5927\uff0c\u80a1\u50f9\u65b9\u5411\u4ecd\u4e0d\u660e\u6717\u3002\",\"date\":\"10\/22\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"rule\":\"3-5\",\"name\":\"\u6d41\u661f\u7dda\",\"level\":\"\u9810\u8b66\",\"dir\":\"down\",\"text\":\"\u80a1\u50f9\u4e0a\u6f32\u4e00\u6bb5\u5f8c\uff0c\u51fa\u73fe\u4e00\u6839\u4e0a\u5f71\u7dda\u5f88\u9577\u3001\u5be6\u9ad4\u5f88\u5c0f\u7684K\u7dda\u3002\u76e4\u4e2d\u885d\u9ad8\u5f8c\u88ab\u58d3\u4e86\u56de\u4f86\uff0c\u4e0a\u65b9\u958b\u59cb\u51fa\u73fe\u8ce3\u58d3\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\/21\",\"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\":[\"3\",\"0\"]},{\"k\":\"\u8ce3\u51fa\",\"v\":[\"16\",\"0\"]},{\"k\":\"\u73fe\u511f\",\"v\":[\"0\",\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"-13\",\"0\"],\"t\":[\"down\",\"\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"1,190\",\"2\"]},{\"k\":\"\u4f7f\u7528\u7387\",\"v\":[\"1.8%\",\"0.0%\"]},{\"k\":\"\u9023\u589e\u9023\u6e1b\",\"v\":[\"\u589e\u2192\u90232\u6e1b\",\"\u6301\u5e73\"],\"t\":[\"down\",\"\"]},{\"k\":\"\u8cc7\u5238\u4e92\u62b5\",\"v\":[\"\",\"1\"]},{\"k\":\"\u8cc7\u5238\u7576\u6c96\",\"v\":[\"\",\"0.4%\"]},{\"k\":\"\u5238\u8cc7\u6bd4\",\"v\":[\"\",\"0.2%\"]}]},{\"head\":[\"11\/12\u7576\u65e5\",\"\u501f\u5238\u8ce3\u51fa(\u5f35)\"],\"rows\":[{\"k\":\"\u8ce3\u51fa\",\"v\":[\"10\"]},{\"k\":\"\u9084\u5238\",\"v\":[\"51\"]},{\"k\":\"\u8abf\u6574\",\"v\":[\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"-41\"],\"t\":[\"down\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"6,136\"]},{\"k\":\"\u6b21\u65e5\u9650\u984d\",\"v\":[\"10\"]}]}],\"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\",\"112,564\",\"108,666\",\"111,310\",\"113,490\",\"\"],[\"\u71df\u696d\u6bdb\u5229\",\"10,517\",\"9,919\",\"\",\"\",\"\"],[\"\u71df\u696d\u5229\u76ca\",\"4,303\",\"3,352\",\"\",\"\",\"\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"3,454\",\"2,991\",\"\",\"\",\"\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"13.69\",\"11.29\",\"10.5\",\"10.9\",\"\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"13.04\",\"11.29\",\"10.5\",\"10.9\",\"\"],[\"\u6bdb\u5229\u7387\",\"9.3%\",\"9.1%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u7387\",\"3.1%\",\"2.8%\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u589e\u7387 (YoY,%)\",\"3.0%\",\"-3.5%\",\"2.4%\",\"2.0%\",\"\"],[\"\u6de8\u5229\u5e74\u589e\u7387 (YoY,%)\",\"-4.8%\",\"-13.4%\",\"-7.0%\",\"3.8%\",\"\"]],\"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\",\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918\uff1a\u4f9d\u80a1\u672c\u8b8a\u52d5\uff082025-08 \u914d\u80a1\uff09\u5c07\u904e\u53bb\u5404\u671f\u63db\u7b97\u70ba\u73fe\u884c\u80a1\u6578\u57fa\u790e\uff0c\u4fbf\u65bc\u8207\u76ee\u524d\u80a1\u50f9\u6bd4\u8f03\uff1b\u4e0a\u4e00\u5217\u70ba\u516c\u53f8\u8ca1\u5831\u539f\u503c\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\",\"26,031\",\"24,556\",\"31,674\",\"26,593\",\"27,093\"],[\"\u71df\u696d\u6bdb\u5229\",\"2,388\",\"2,188\",\"3,006\",\"2,408\",\"2,499\"],[\"\u71df\u696d\u5229\u76ca\",\"773\",\"645\",\"1,147\",\"788\",\"793\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"652\",\"559\",\"921\",\"644\",\"630\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"2.58\",\"2.11\",\"3.48\",\"2.43\",\"2.38\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"2.46\",\"2.11\",\"3.48\",\"2.43\",\"2.38\"]],\"notes\":[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918\uff1a\u4f9d\u80a1\u672c\u8b8a\u52d5\uff082025-08 \u914d\u80a1\uff09\u5c07\u904e\u53bb\u5404\u671f\u63db\u7b97\u70ba\u73fe\u884c\u80a1\u6578\u57fa\u790e\uff0c\u4fbf\u65bc\u8207\u76ee\u524d\u80a1\u50f9\u6bd4\u8f03\uff1b\u4e0a\u4e00\u5217\u70ba\u516c\u53f8\u8ca1\u5831\u539f\u503c\u3002\"]},{\"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\",\"9.2%\",\"8.9%\",\"9.5%\",\"9.1%\",\"9.2%\"],[\"\u6de8\u5229\u7387\",\"2.5%\",\"2.3%\",\"2.9%\",\"2.4%\",\"2.3%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"33.7%\",\"32.3%\",\"45.8%\",\"35.8%\",\"36.0%\"],[\"ROCE*\",\"26.5%\",\"24.3%\",\"39.7%\",\"26.8%\",\"28.7%\"],[\"\u6210\u9577\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"-2.3%\",\"-3.9%\",\"-5.4%\",\"+0.7%\",\"+4.1%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"-15.1%\",\"-16.0%\",\"-16.4%\",\"-25.0%\",\"-3.3%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+14.5%\",\"-234.6%\",\"-40.5%\",\"+885.7%\",\"+27.6%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-7.5%\",\"-1416.0%\",\"-53.9%\",\"+465.5%\",\"+64.6%\"],[\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"0.8\",\"1.0\",\"0.7\",\"0.6\",\"0.6\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"15.7\",\"18.4\",\"15.4\",\"16.8\",\"15.4\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"36.9\",\"39.1\",\"30.2\",\"35.5\",\"36.0\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"-20.4\",\"-19.7\",\"-14.0\",\"-18.1\",\"-20.0\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"0.75\",\"0.67\",\"0.73\",\"0.75\",\"0.69\"],[\"\u901f\u52d5\u6bd4\u7387\",\"0.52\",\"0.33\",\"0.41\",\"0.47\",\"0.46\"]],\"notes\":[]}]","ifam_fin_note":"","ifam_metrics_note":"","ifam_price":"{\"symbol\":\"8454\",\"name\":\"\u5bcc\u90a6\u5a92\",\"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\":235,\"open\":215,\"high\":235,\"low\":215,\"prev_close\":214,\"change\":21,\"change_pct\":9.81,\"range\":20,\"amount\":\"1.14 \u5104\u5143\",\"volume\":498,\"avg_volume_3m\":357,\"market_cap\":\"622.7 \u5104\u5143\",\"shares\":\"2.65 \u5104\u80a1\"},\"annual\":[{\"year\":2026,\"pct\":15.83,\"ytd\":true},{\"year\":2025,\"pct\":-31.75},{\"year\":2024,\"pct\":-28.73},{\"year\":2023,\"pct\":-10.91},{\"year\":2022,\"pct\":-51.77},{\"year\":2021,\"pct\":233.29},{\"year\":2020,\"pct\":122.89},{\"year\":2019,\"pct\":59.74},{\"year\":2018,\"pct\":-10.58},{\"year\":2017,\"pct\":16.18}],\"series\":[[\"2025-11-13\",234.66],[\"2025-11-14\",238.57],[\"2025-11-17\",233.19],[\"2025-11-18\",225.86],[\"2025-11-19\",225.37],[\"2025-11-20\",223.42],[\"2025-11-21\",218.53],[\"2025-11-24\",222.44],[\"2025-11-25\",217.06],[\"2025-11-26\",223.91],[\"2025-11-27\",222.93],[\"2025-11-28\",221.95],[\"2025-12-01\",217.55],[\"2025-12-02\",214.13],[\"2025-12-03\",211.19],[\"2025-12-04\",209.24],[\"2025-12-05\",207.28],[\"2025-12-08\",212.17],[\"2025-12-09\",208.75],[\"2025-12-10\",210.71],[\"2025-12-11\",208.75],[\"2025-12-12\",210.22],[\"2025-12-15\",204.84],[\"2025-12-16\",205.33],[\"2025-12-17\",205.82],[\"2025-12-18\",204.84],[\"2025-12-19\",206.31],[\"2025-12-22\",210.71],[\"2025-12-23\",208.75],[\"2025-12-24\",207.28],[\"2025-12-26\",202.88],[\"2025-12-29\",204.35],[\"2025-12-30\",205.33],[\"2025-12-31\",202.88],[\"2026-01-02\",201.42],[\"2026-01-05\",198.48],[\"2026-01-06\",198.48],[\"2026-01-07\",204.35],[\"2026-01-08\",199.95],[\"2026-01-09\",200.93],[\"2026-01-12\",203.37],[\"2026-01-13\",198.97],[\"2026-01-14\",202.88],[\"2026-01-15\",200.93],[\"2026-01-16\",196.04],[\"2026-01-19\",194.08],[\"2026-01-20\",191.64],[\"2026-01-21\",188.22],[\"2026-01-22\",187.73],[\"2026-01-23\",189.2],[\"2026-01-26\",187.24],[\"2026-01-27\",188.22],[\"2026-01-28\",189.2],[\"2026-01-29\",188.71],[\"2026-01-30\",184.31],[\"2026-02-02\",183.82],[\"2026-02-03\",183.82],[\"2026-02-04\",183.33],[\"2026-02-05\",182.84],[\"2026-02-06\",183.82],[\"2026-02-09\",183.33],[\"2026-02-10\",183.82],[\"2026-02-11\",185.77],[\"2026-02-23\",185.28],[\"2026-02-24\",185.77],[\"2026-02-25\",186.75],[\"2026-02-26\",188.22],[\"2026-03-02\",186.75],[\"2026-03-03\",181.37],[\"2026-03-04\",174.53],[\"2026-03-05\",177.46],[\"2026-03-06\",176.97],[\"2026-03-09\",173.55],[\"2026-03-10\",174.04],[\"2026-03-11\",174.04],[\"2026-03-12\",171.11],[\"2026-03-13\",170.62],[\"2026-03-16\",172.08],[\"2026-03-17\",178.44],[\"2026-03-18\",176.48],[\"2026-03-19\",173.06],[\"2026-03-20\",174.04],[\"2026-03-23\",169.64],[\"2026-03-24\",173.06],[\"2026-03-25\",175.51],[\"2026-03-26\",176.97],[\"2026-03-27\",175.51],[\"2026-03-30\",177.46],[\"2026-03-31\",173.06],[\"2026-04-01\",176],[\"2026-04-02\",176.97],[\"2026-04-07\",175.02],[\"2026-04-08\",177.95],[\"2026-04-09\",177.46],[\"2026-04-10\",177.95],[\"2026-04-13\",176.48],[\"2026-04-14\",177.95],[\"2026-04-15\",174.53],[\"2026-04-16\",175.51],[\"2026-04-17\",171.6],[\"2026-04-20\",170.62],[\"2026-04-21\",171.11],[\"2026-04-22\",172.08],[\"2026-04-23\",168.66],[\"2026-04-24\",166.22],[\"2026-04-27\",166.22],[\"2026-04-28\",168.17],[\"2026-04-29\",168.66],[\"2026-04-30\",166.71],[\"2026-05-04\",172.08],[\"2026-05-05\",175.02],[\"2026-05-06\",176.48],[\"2026-05-07\",184.8],[\"2026-05-08\",191.64],[\"2026-05-11\",189.68],[\"2026-05-12\",184.8],[\"2026-05-13\",191.64],[\"2026-05-14\",186.75],[\"2026-05-15\",183.33],[\"2026-05-18\",187.24],[\"2026-05-19\",195.06],[\"2026-05-20\",190.17],[\"2026-05-21\",186.75],[\"2026-05-22\",187.24],[\"2026-05-25\",183.82],[\"2026-05-26\",183.82],[\"2026-05-27\",186.75],[\"2026-05-28\",205.33],[\"2026-05-29\",225.86],[\"2026-06-01\",236.13],[\"2026-06-02\",259.59],[\"2026-06-03\",285.5],[\"2026-06-04\",313.86],[\"2026-06-05\",345.15],[\"2026-06-08\",379.37],[\"2026-06-09\",417.01],[\"2026-06-10\",439.5],[\"2026-06-11\",396],[\"2026-06-12\",356.5],[\"2026-06-15\",321],[\"2026-06-16\",321],[\"2026-06-17\",315],[\"2026-06-18\",341],[\"2026-06-22\",335],[\"2026-06-23\",330],[\"2026-06-24\",348],[\"2026-06-25\",338.5],[\"2026-06-26\",325.5],[\"2026-06-29\",304],[\"2026-06-30\",297.5],[\"2026-07-01\",276],[\"2026-07-02\",281],[\"2026-07-03\",293],[\"2026-07-06\",281],[\"2026-07-07\",271.5],[\"2026-07-08\",271],[\"2026-07-09\",268],[\"2026-07-13\",262],[\"2026-07-14\",262.5],[\"2026-07-15\",266],[\"2026-07-16\",267.5],[\"2026-07-17\",254],[\"2026-07-20\",253.5],[\"2026-07-21\",250],[\"2026-07-22\",248],[\"2026-07-23\",244.5],[\"2026-07-24\",238.5],[\"2026-07-27\",244.5],[\"2026-07-28\",238.5],[\"2026-07-29\",250.5],[\"2026-07-30\",246.5],[\"2026-07-31\",245.5],[\"2026-08-03\",247.5],[\"2026-08-04\",253.5],[\"2026-08-05\",261.5],[\"2026-08-06\",258],[\"2026-08-07\",283.5],[\"2026-08-10\",274.5],[\"2026-08-11\",271],[\"2026-08-12\",267.5],[\"2026-08-13\",266],[\"2026-08-14\",262.5],[\"2026-08-17\",262],[\"2026-08-18\",258],[\"2026-08-19\",258.5],[\"2026-08-20\",254],[\"2026-08-21\",250.5],[\"2026-08-24\",251],[\"2026-08-25\",251.5],[\"2026-08-26\",255],[\"2026-08-27\",255.5],[\"2026-08-28\",250],[\"2026-08-31\",247],[\"2026-09-01\",247],[\"2026-09-02\",243],[\"2026-09-03\",238],[\"2026-09-04\",245],[\"2026-09-07\",242],[\"2026-09-08\",239.5],[\"2026-09-09\",238.5],[\"2026-09-10\",234],[\"2026-09-11\",241],[\"2026-09-14\",245],[\"2026-09-15\",242],[\"2026-09-16\",243],[\"2026-09-17\",249],[\"2026-09-18\",249],[\"2026-09-21\",246.5],[\"2026-09-22\",241],[\"2026-09-23\",244.5],[\"2026-09-24\",239],[\"2026-09-29\",236],[\"2026-09-30\",240.5],[\"2026-10-01\",239],[\"2026-10-02\",239],[\"2026-10-05\",234.5],[\"2026-10-06\",240],[\"2026-10-07\",244.5],[\"2026-10-08\",241],[\"2026-10-12\",243],[\"2026-10-13\",242],[\"2026-10-14\",248.5],[\"2026-10-15\",250],[\"2026-10-16\",254],[\"2026-10-19\",249.5],[\"2026-10-20\",250],[\"2026-10-21\",253],[\"2026-10-22\",250],[\"2026-10-27\",250],[\"2026-10-28\",247],[\"2026-10-29\",248],[\"2026-10-30\",247],[\"2026-11-02\",247],[\"2026-11-03\",236.5],[\"2026-11-04\",234],[\"2026-11-05\",228.5],[\"2026-11-06\",223.5],[\"2026-11-09\",217.5],[\"2026-11-10\",218.5],[\"2026-11-11\",215],[\"2026-11-12\",214],[\"2026-11-13\",235]]}","ifam_pe_river":"{\"symbol\":\"8454\",\"source\":\"info.ifa.ai \u5e02\u5834\u8a55\u50f9\uff08\u672c\u76ca\u6bd4\u6cb3\u6d41\u5716\uff09\",\"sourceUrl\":\"https:\/\/info.ifa.ai\/tw-stock\/8454\/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\":\"15X\",\"values\":[180.14,180.14,180.14,180.14,180.14,180.14,180.14,180.14,169.82,169.82,169.82,169.82,169.82,169.82,169.82,169.82,169.82,169.82,169.82,169.82,157.67,157.67,157.67,157.67,157.67,157.67,157.67,157.67,157.67,157.67,157.67,157.67,157.67,156.46,156.46,156.46,156.46,156.46,156.46,156.46,156.46,156.46,156.46,156.46,156.46,156.46,158.03,158.03,158.03,158.03,158.03,158.03,158.03]},{\"label\":\"32.8X\",\"values\":[393.9,393.9,393.9,393.9,393.9,393.9,393.9,393.9,371.34,371.34,371.34,371.34,371.34,371.34,371.34,371.34,371.34,371.34,371.34,371.34,344.77,344.77,344.77,344.77,344.77,344.77,344.77,344.77,344.77,344.77,344.77,344.77,344.77,342.12,342.12,342.12,342.12,342.12,342.12,342.12,342.12,342.12,342.12,342.12,342.12,342.12,345.55,345.55,345.55,345.55,345.55,345.55,345.55]},{\"label\":\"50.6X\",\"values\":[607.66,607.66,607.66,607.66,607.66,607.66,607.66,607.66,572.86,572.86,572.86,572.86,572.86,572.86,572.86,572.86,572.86,572.86,572.86,572.86,531.86,531.86,531.86,531.86,531.86,531.86,531.86,531.86,531.86,531.86,531.86,531.86,531.86,527.78,527.78,527.78,527.78,527.78,527.78,527.78,527.78,527.78,527.78,527.78,527.78,527.78,533.08,533.08,533.08,533.08,533.08,533.08,533.08]},{\"label\":\"68.4X\",\"values\":[821.42,821.42,821.42,821.42,821.42,821.42,821.42,821.42,774.38,774.38,774.38,774.38,774.38,774.38,774.38,774.38,774.38,774.38,774.38,774.38,718.96,718.96,718.96,718.96,718.96,718.96,718.96,718.96,718.96,718.96,718.96,718.96,718.96,713.45,713.45,713.45,713.45,713.45,713.45,713.45,713.45,713.45,713.45,713.45,713.45,713.45,720.6,720.6,720.6,720.6,720.6,720.6,720.6]},{\"label\":\"86.2X\",\"values\":[1035.18,1035.18,1035.18,1035.18,1035.18,1035.18,1035.18,1035.18,975.9,975.9,975.9,975.9,975.9,975.9,975.9,975.9,975.9,975.9,975.9,975.9,906.06,906.06,906.06,906.06,906.06,906.06,906.06,906.06,906.06,906.06,906.06,906.06,906.06,899.11,899.11,899.11,899.11,899.11,899.11,899.11,899.11,899.11,899.11,899.11,899.11,899.11,908.13,908.13,908.13,908.13,908.13,908.13,908.13]},{\"label\":\"104X\",\"values\":[1248.94,1248.94,1248.94,1248.94,1248.94,1248.94,1248.94,1248.94,1177.42,1177.42,1177.42,1177.42,1177.42,1177.42,1177.42,1177.42,1177.42,1177.42,1177.42,1177.42,1093.16,1093.16,1093.16,1093.16,1093.16,1093.16,1093.16,1093.16,1093.16,1093.16,1093.16,1093.16,1093.16,1084.77,1084.77,1084.77,1084.77,1084.77,1084.77,1084.77,1084.77,1084.77,1084.77,1084.77,1084.77,1084.77,1095.65,1095.65,1095.65,1095.65,1095.65,1095.65,1095.65]}],\"price\":{\"label\":\"\u80a1\u50f9\",\"values\":[244,223.5,227,212,215,211,207.5,207.5,206,205.5,200.5,193.5,188.5,188,190,192.5,181,174.5,178,179.5,181,182,175.5,170,170.5,196,187.5,191.5,231,353,356.5,341,325.5,293,268,254,238.5,245.5,283.5,262.5,250.5,250,245,241,249,239,239,241,254,250,247,223.5,214]}}","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>\u516c\u53f8\u7d93\u71df momo \u8cfc\u7269\u7db2\uff0c\u4ee5\u81ea\u71df\uff081P\uff09\u8207\u5e73\u53f0\uff083P\uff09\u96d9\u5f15\u64ce\u62d3\u5c55\u96fb\u5546\u5e02\u5360\uff1a\u7e3d\u7d93\u7406\u8c37\u5143\u5b8f 2026 \u5e74 11 \u6708\u6cd5\u8aaa\u6703\u8868\u793a\uff0c\u7b2c\u4e09\u5b63\u6838\u5fc3\u96fb\u5546\u6210\u4ea4\u7e3d\u984d\uff08GMV\uff09\u5e74\u589e 11.4%\uff0c\u8f03\u7b2c\u4e00\u5b63 5.3%\u3001\u7b2c\u4e8c\u5b63 7.1% \u9010\u5b63\u52a0\u901f\uff0c\u53f0\u7063\u96fb\u5546\u7af6\u722d\u5df2\u5168\u9762\u8f49\u5411\u670d\u52d9\u54c1\u8cea\u3001\u7269\u6d41\u914d\u9001\u8207\u8cc7\u5b89\u4fe1\u4efb\u5ea6\uff1b\u7b2c\u4e09\u5b63\u71df\u696d\u6bdb\u5229\u7387\u7531\u53bb\u5e74\u540c\u671f\u7d04 8.9% \u5347\u81f3 9.2%\u3002<\/strong><\/p>\n<h4>3P \u5e73\u53f0\u3001\u5ee3\u544a\u8207\u6703\u54e1<\/h4>\n<p>\u516c\u53f8\u5728\u5e74\u5831\u4e2d\u6307\u51fa\uff0c2025 \u5e74\u5408\u4f75\u71df\u6536\u7d04 1,087 \u5104\u5143\u3001\u7a05\u5f8c\u6de8\u5229\u7d04 30 \u5104\u5143\uff0c\u4ee5\u7a69\u5065\u7d93\u71df\u3001\u6548\u7387\u63d0\u5347\u70ba\u6838\u5fc3\u4e3b\u8ef8\uff0c\u6301\u7e8c\u5f37\u5316\u5546\u54c1\u4f9b\u7d66\u3001\u6280\u8853\u61c9\u7528\u8207\u7269\u6d41\u57fa\u790e\u5efa\u8a2d\u3002\u516c\u53f8\u8868\u793a\uff0c\u622a\u81f3 2026 \u5e74 9 \u6708\u5e95\uff0c3P \u5e73\u53f0\u5546\u54c1\u6578\u903e 430 \u842c\u4ef6\u3001\u7cbe\u9078\u5e97\u5bb6\u903e 1 \u842c\u5bb6\uff0c\u5c07\u6301\u7e8c\u64f4\u5145\u4f11\u9592\u98df\u54c1\u3001\u6d41\u884c\u7cbe\u54c1\u8207\u5c45\u5bb6\u751f\u6d3b\u7b49\u9577\u5c3e\u5546\u54c1\uff1b\u7b2c\u4e09\u5b63 3P \u8207\u5ee3\u544a\u696d\u52d9\u5747\u7dad\u6301\u96d9\u4f4d\u6578\u6210\u9577\u3002\u6703\u54e1\u65b9\u9762\uff0c\u516c\u53f8\u63a8\u51fa 299 \u5143\u5e74\u7e73\u65b9\u6848\uff0c\u8c37\u5143\u5b8f\u8868\u793a\u6703\u54e1\u52a0\u5165\u5f8c\u6d88\u8cbb\u983b\u6b21\u8207\u8ca2\u737b\u5ea6\u660e\u986f\u63d0\u5347\u3002\u8ca1\u6703\u8655\u526f\u7e3d\u7d93\u7406\u5442\u923a\u840d\u8868\u793a\uff0c\u7b2c\u4e09\u5b63\u7372\u5229\u6539\u5584\u4f86\u81ea 3P\u3001\u5ee3\u544a\u3001\u6703\u54e1\u8207\u7269\u6d41\u6548\u7387\uff0c\u800c\u975e\u4e00\u6b21\u6027\u6210\u672c\u524a\u6e1b\u3002<\/p>\n<h4>\u7269\u6d41\u8207\u5c65\u7d04<\/h4>\n<p>\u516c\u53f8\u8868\u793a\uff0c\u81ea\u6709\u914d\u9001\u5df2\u5360\u6574\u9ad4\u51fa\u8ca8\u7d04 50%\uff0c\u672a\u4f86\u5e7e\u5e74\u914d\u9001\u91cf\u4ecd\u5c07\u7dad\u6301\u96d9\u4f4d\u6578\u6210\u9577\uff1b\u5009\u5eab\u8a02\u55ae\u7684\u7576\u65e5\u9054\u8207\u9694\u65e5\u9054\u9054\u6210\u7387\u5206\u5225\u63d0\u9ad8\u81f3 88% \u8207 90%\uff0c\u4e26\u8a55\u4f30\u5c07\u5009\u5132\u8207\u914d\u9001\u80fd\u529b\u958b\u653e\u7d66\u5e73\u53f0\u5546\u5bb6\u3002\u8c37\u5143\u5b8f 8 \u6708\u8868\u793a\uff0c\u4e2d\u5340\u7269\u6d41\u4e2d\u5fc3\u9810\u8a08 2027 \u5e74\u6295\u5165\u71df\u904b\uff0c\u5c46\u6642\u5317\u3001\u4e2d\u3001\u5357\u4e09\u5340\u90fd\u6709\u5927\u578b\u5009\u5132\u652f\u63f4\uff0c\u4ee5\u77ed\u93c8\u904b\u8f38\u53d6\u4ee3\u9577\u9014\u904b\u9001\uff1b\u5009\u5132\u81ea\u52d5\u5316\u8a2d\u5099\u7684\u6210\u672c\u6548\u76ca\u5247\u9700\u6642\u9593\u9010\u6b65\u986f\u73fe\u3002\u524d\u4e09\u5b63\u71df\u696d\u6d3b\u52d5\u73fe\u91d1\u6d41\u5165 30.6 \u5104\u5143\uff0c\u8f03\u53bb\u5e74\u540c\u671f\u7684 14.7 \u5104\u5143\u660e\u986f\u589e\u52a0\u3002<\/p>\n<h4>\u5e02\u5834\u95dc\u6ce8\u7684\u8b8a\u6578<\/h4>\n<p>\u524d\u4e09\u5b63\u6b78\u5c6c\u6bcd\u516c\u53f8\u6de8\u5229\u7d04 18.59 \u5104\u5143\u3001\u5e74\u6e1b 10.2%\uff0c\u7b2c\u4e09\u5b63\u96d6\u6062\u5fa9\u5e74\u589e\uff0c\u4ecd\u672a\u88dc\u56de\u4e0a\u534a\u5e74\u7684\u8870\u9000\u3002\u8c37\u5143\u5b8f 10 \u6708\u5e95\u8868\u793a\uff0c2026 \u5e74\u5168\u5e74\u71df\u6536\u5c07\u5275\u6b77\u53f2\u65b0\u9ad8\u3001\u7372\u5229\u4e5f\u5c07\u96a8\u71df\u6536\u64f4\u5927\u800c\u63d0\u9ad8\uff0c\u4f46\u5168\u5e74\u884c\u92b7\u8cbb\u7528\u9ad8\u65bc 2025 \u5e74\uff1b3C \u7522\u54c1\u4eca\u5e74\u5e73\u5747\u6f32\u50f9\u7d04 30%\uff0c\u5c0d\u71df\u6536\u6709\u6b63\u9762\u6548\u679c\uff0c\u537b\u4e5f\u58d3\u6291\u90e8\u5206\u9700\u6c42\u3002\u4ed6\u4e26\u8868\u793a\u516c\u53f8\u6301\u7e8c\u8a55\u4f30\u4f75\u8cfc\u6a5f\u6703\uff0c\u5305\u62ec\u5be6\u9ad4\u96f6\u552e\u901a\u8def\uff0c\u91cd\u9ede\u5728\u65bc\u80fd\u5426\u7522\u751f\u7d9c\u6548\u3002\u96fb\u5546\u5e02\u5834\u7684\u7af6\u722d\u5f37\u5ea6\u3001\u6703\u54e1\u8207\u7269\u6d41\u6295\u5165\u7684\u56de\u6536\u901f\u5ea6\uff0c\u4ee5\u53ca 3P \u8207\u5ee3\u544a\u7b49\u9ad8\u6bdb\u5229\u696d\u52d9\u7684\u5360\u6bd4\u63d0\u5347\uff0c\u5c07\u5f71\u97ff 2027 \u5e74\u7684\u7372\u5229\u8868\u73fe\u3002<\/p>\n","ifam_val_profit":"<p>\u76ee\u524d\u5e02\u5834\u666e\u904d\u9810\u4f30\uff0c\u5bcc\u90a6\u5a92\uff088454\uff092026 \u5e74\u5408\u4f75\u71df\u6536\u7d04 1,113.1 \u5104\u5143\u3001\u6bcf\u80a1\u76c8\u9918\u7d04 10.46 \u5143\uff1b2027 \u5e74\u71df\u6536\u7d04 1,134.9 \u5104\u5143\u3001\u6bcf\u80a1\u76c8\u9918\u7d04 10.85 \u5143\u3002<\/p>\n<ul>\n<li><strong>2026 \u5e74\uff1a\u71df\u6536\u5c0f\u5e45\u6210\u9577\uff0c\u7372\u5229\u4ecd\u5728\u4e0b\u6ed1\u3002<\/strong> \u5171\u8b58\u71df\u6536 1,113.1 \u5104\u5143\uff08\u5e74\u589e 2.4%\uff09\u3001\u6bcf\u80a1\u76c8\u9918 10.46 \u5143\uff08\u8f03 2025 \u5e74\u7684 11.29 \u5143\u6e1b\u5c11 7.4%\uff09\u3002\u9810\u4f30\u76f8\u7576\u96c6\u4e2d\u2014\u2014\u71df\u6536\u5340\u9593 1,079.9 \u81f3 1,126.3 \u5104\u5143\u3001\u6bcf\u80a1\u76c8\u9918\u5340\u9593 10.35 \u81f3 10.61 \u5143\u3002<\/li>\n<li><strong>2027 \u5e74\uff1a\u71df\u6536\u8207\u7372\u5229\u90fd\u63a5\u8fd1\u6301\u5e73\u3002<\/strong> \u5171\u8b58\u71df\u6536 1,134.9 \u5104\u5143\uff08\u5e74\u589e 2.0%\uff09\u3001\u6bcf\u80a1\u76c8\u9918 10.85 \u5143\uff08\u5e74\u589e 3.7%\uff09\uff0c\u5340\u9593\u540c\u6a23\u7a84\u3002\u5e02\u5834\u4e0d\u9810\u671f\u9019\u5bb6\u516c\u53f8\u51fa\u73fe\u7d50\u69cb\u6027\u7684\u8f49\u6298\u3002<\/li>\n<\/ul>\n<p>\u5be6\u7e3e\u5c0d\u7167\uff1a2026 \u5e74\u4e0a\u534a\u5e74\u5408\u4f75\u71df\u6536 536.86 \u5104\u5143\u3001\u5e74\u589e 2.4%\uff0c\u6bcf\u80a1\u76c8\u9918 4.80 \u5143\uff1b1\uff0d9 \u6708\u7d2f\u8a08 799.83 \u5104\u5143\u3001\u5e74\u589e 3.9%\uff0c9 \u6708\u55ae\u6708 85.92 \u5104\u5143\u3001\u5e74\u589e 8.2%\uff0c\u4e0b\u534a\u5e74\u7684\u71df\u6536\u52d5\u80fd\u53cd\u800c\u6bd4\u4e0a\u534a\u5e74\u5f37\u3002<\/p>\n<p>\u5229\u6f64\u7387\u6c92\u6709\u4ec0\u9ebc\u8b8a\u5316\u7684\u7a7a\u9593\uff1a\u8fd1\u4e94\u5b63\u6bdb\u5229\u7387\u90fd\u5728 8.9% \u81f3 9.2% \u4e4b\u9593\uff0c\u55ae\u5b63\u71df\u696d\u5229\u76ca\u7387\u5728 2.6% \u81f3 3.0% \u4e4b\u9593\u3002\u4e5f\u5c31\u662f\u8aaa\uff0c\u9019\u5bb6\u516c\u53f8\u7684\u6bcf\u80a1\u76c8\u9918\u5e7e\u4e4e\u662f\u71df\u6536\u4e58\u4e0a\u4e00\u500b\u56fa\u5b9a\u7684\u8584\u5229\u6f64\u7387\u2014\u2014\u8981\u89c0\u5bdf\u7684\u662f\u7b2c 4 \u5b63\uff08\u96fb\u5546\u7684\u65fa\u5b63\uff0c\u53bb\u5e74\u540c\u671f\u55ae\u5b63\u71df\u6536 316.7 \u5104\u5143\uff09\u80fd\u4e0d\u80fd\u540c\u6642\u628a\u91cf\u8207\u90a3\u4e0d\u5230 3% \u7684\u71df\u696d\u5229\u76ca\u7387\u5b88\u4f4f\u3002<\/p>\n","ifam_val_multiple":"","ifam_strategy_on":"1","ifam_trades":"{\"fileName\":\"\",\"source\":\"\u6bcf\u65e5\u81ea\u52d5\u66f4\u65b0\",\"sheet\":\"\u5bcc\u90a6\u5a92(8454)\u9032\u51fa\u7d00\u9304\",\"blocks\":[{\"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\",\"2026-06-11\",\"2026-06-12\",\"1\",\"411.00\",\"396.00\",\"-3.65%\",\"396.00\",\"356.50\",\"-9.97%\"]]},{\"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\",\"2026-06-09\",\"2026-06-15\",\"6\",\"399.00\",\"330.00\",\"-15.41%\",\"426.50\",\"321.00\",\"-23.02%\"]]},{\"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\",\"2026-06-10\",\"2026-06-16\",\"6\",\"416.00\",\"305.50\",\"-24.89%\",\"449.50\",\"321.00\",\"-26.96%\"],[\"2\",\"2026-08-10\",\"2026-08-11\",\"1\",\"295.00\",\"272.00\",\"-7.80%\",\"274.50\",\"271.00\",\"-1.28%\"]]}],\"parsedAt\":\"2026-11-13T07:24:52.190Z\"}","ifam_valuation":"{\"matrix\":{\"corner\":\"\",\"title\":\"\",\"note\":\"\",\"columns\":[{\"order\":1,\"year\":\"2025(A)\",\"eps\":11.3,\"label\":\"2025(A)\uff1a11.3 \u5143\"},{\"order\":2,\"year\":\"2026(E)\",\"eps\":10.5,\"label\":\"2026(E)\uff1a10.5 \u5143\"},{\"order\":3,\"year\":\"2027(F)\",\"eps\":10.9,\"label\":\"2027(F)\uff1a10.9 \u5143\"}],\"rows\":[{\"order\":1,\"pe\":235,\"peLabel\":\"235 \u5143\",\"desc\":\"2026-11-13\",\"cells\":[{\"order\":1,\"price\":20.79646017699115,\"text\":\"20.8 \u500d\",\"hl\":false},{\"order\":2,\"price\":22.38095238095238,\"text\":\"22.4 \u500d\",\"hl\":false},{\"order\":3,\"price\":21.559633027522935,\"text\":\"21.6 \u500d\",\"hl\":false}]}]}}","ifam_val_range":"<p>\u76ee\u524d\u5bcc\u90a6\u5a92\u80a1\u50f9\u7d04\u5728 210\u2013240 \u5143\uff082026\/11\/13 \u6536\u76e4\u50f9 235 \u5143\uff09\uff0c\u7d04\u70ba 2026E EPS 10.5 \u5143\u7684 22 \u500d\u30012027 \u5e74\u7684 22 \u500d\u3002<\/p>\n","footnotes":""},"categories":[8],"tags":[],"ifam_industry":[38],"ifam_strategy":[],"class_list":["post-427","post","type-post","status-publish","format-standard","hentry","category-stock","ifam_industry-digital-cloud"],"_links":{"self":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/427","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=427"}],"version-history":[{"count":2,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/427\/revisions"}],"predecessor-version":[{"id":651,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/427\/revisions\/651"}],"wp:attachment":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/media?parent=427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/categories?post=427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/tags?post=427"},{"taxonomy":"ifam_industry","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_industry?post=427"},{"taxonomy":"ifam_strategy","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_strategy?post=427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}