\u53f0\u7063\u6c7d\u96fb\u5171\u751f\u6210\u7acb\u65bc 1992 \u5e74\u30012003 \u5e74\u4e0a\u5e02\uff0c\u4e3b\u8981\u696d\u52d9\u662f\u975e\u516c\u7528\u7684\u767c\u96fb\u3001\u6c7d\u96fb\u5171\u751f\u5ee0\u7684\u904b\u7dad\u8207\u7d93\u71df\uff0c\u4ee5\u53ca\u96fb\u5ee0\u7684\u5de5\u7a0b\u8207\u9867\u554f\u670d\u52d9\u3002\u516c\u53f8\u540c\u6642\u900f\u904e\u8f49\u6295\u8cc7\u6301\u6709\u591a\u5bb6\u6c11\u71df\u96fb\u5ee0\u7684\u80a1\u6b0a\u3002<\/p>\n
\u4f9d\u8ca1\u5831\u7684\u61c9\u5831\u5c0e\u90e8\u9580\uff0c2026 \u5e74\u4e0a\u534a\u5e74\u5b98\u7530\u6c7d\u96fb\u5ee0 1.3%\uff082025 \u5e74\u5168\u5e74 13.8%\uff09\u3001\u5929\u7136\u6c23\u767c\u96fb\u5ee0 92.6%\uff082025 \u5e74\u5168\u5e74 0.0%\uff09\u3001\u5de5\u7a0b\u53ca\u9867\u554f\u670d\u52d9\u90e8\u9580 6.0%\uff082025 \u5e74\u5168\u5e74 86.2%\uff09\u3002\u5929\u7136\u6c23\u767c\u96fb\u5ee0\u81ea 2026 \u5e74\u8d77\u624d\u6210\u70ba\u61c9\u5831\u5c0e\u90e8\u9580\uff0c2025 \u5e74\u5404\u671f\u5728\u8ca1\u5831\u4e0a\u6c92\u6709\u9019\u4e00\u6b04\uff0c\u672c\u8868\u5217 0\u3002<\/p>\n
2025 \u5e74\u5168\u5e74\u5408\u4f75\u71df\u6536 76.12 \u5104\u5143\u3001\u5e74\u6e1b 16.7%\uff0c\u6bdb\u5229\u7387 14.2%\u3001\u6bcf\u80a1\u76c8\u9918 2.44 \u5143\uff08\u7a00\u91cb\uff09\uff1b2026 \u5e74\u4e0a\u534a\u5e74\u71df\u6536 344.88 \u5104\u5143\u3001\u5e74\u589e 712.6%\uff0c\u4e0a\u534a\u5e74\u6bcf\u80a1\u76c8\u9918 3.27 \u5143\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\u61c9\u5831\u5c0e\u90e8\u9580\uff08\u5360\u5408\u4f75\u71df\u6536\uff09\",\"\",\"\",\"\",\"\"],[\"\u5b98\u7530\u6c7d\u96fb\u5ee0\",\"13.8%\",\"11.5%\",\"16.7%\",\"1.3%\"],[\"\u5929\u7136\u6c23\u767c\u96fb\u5ee0\",\"0.0%\",\"0.0%\",\"0.0%\",\"92.6%\"],[\"\u5de5\u7a0b\u53ca\u9867\u554f\u670d\u52d9\u90e8\u9580\",\"86.2%\",\"88.5%\",\"83.3%\",\"6.0%\"],[\"\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\",\"58,899\",\"6,414\",\"7,306\"],[\"12\u6708\",\"\uff0d\",\"547\",\"967\"],[\"11\u6708\",\"\uff0d\",\"655\",\"853\"],[\"10\u6708\",\"5,284\",\"770\",\"758\"],[\"9\u6708\",\"5,944\",\"490\",\"701\"],[\"8\u6708\",\"7,035\",\"516\",\"735\"],[\"7\u6708\",\"6,147\",\"394\",\"684\"],[\"6\u6708\",\"6,722\",\"369\",\"643\"],[\"5\u6708\",\"7,280\",\"839\",\"638\"],[\"4\u6708\",\"6,787\",\"1,072\",\"1,122\"],[\"3\u6708\",\"5,270\",\"759\",\"753\"],[\"2\u6708\",\"2,939\",\"734\",\"708\"],[\"1\u6708\",\"5,490\",\"470\",\"564\"]]},{\"key\":\"quarter\",\"label\":\"\u5b63\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026Q3\",\"2026Q2\",\"2026Q1\",\"2025Q4\",\"2025Q3\",\"2025Q2\",\"2025Q1\",\"2024Q4\"],\"rows\":[[\"\u71df\u6536\",\"19,126\",\"20,783\",\"13,705\",\"1,967\",\"1,400\",\"2,280\",\"1,964\",\"2,584\"],[\"\u5e74\u589e\u7387\",\"+1266.4%\",\"+811.3%\",\"+597.9%\",\"-23.9%\",\"-34.6%\",\"-4.8%\",\"-3.1%\",\"+82.9%\"],[\"\u5b63\u589e\u7387\",\"-8.0%\",\"+51.6%\",\"+596.6%\",\"+40.6%\",\"-38.6%\",\"+16.1%\",\"-24.0%\",\"+20.8%\"]]},{\"key\":\"half\",\"label\":\"\u534a\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026H1\",\"2025H2\",\"2025H1\",\"2024H2\",\"2024H1\",\"2023H2\"],\"rows\":[[\"\u71df\u6536\",\"34,488\",\"3,367\",\"4,244\",\"4,723\",\"4,409\",\"2,788\"],[\"\u5e74\u589e\u7387\",\"+712.6%\",\"-28.7%\",\"-3.7%\",\"+69.4%\",\"+72.2%\",\"-0.7%\"],[\"\u534a\u5e74\u589e\u7387\",\"+924.2%\",\"-20.7%\",\"-10.1%\",\"+7.1%\",\"+58.1%\",\"+8.9%\"]]},{\"key\":\"year\",\"label\":\"\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026 (1~10\u6708)\",\"2025\",\"2024\"],\"rows\":[[\"\u71df\u6536\",\"58,899\",\"7,612\",\"9,132\"],[\"\u5e74\u589e\u7387\",\"+818.2%\",\"-16.7%\",\"+70.7%\"]]}]}","ifam_income_tabs":"{\"note\":\"\u55ae\u4f4d\uff1a\u65b0\u53f0\u5e63\u767e\u842c\u5143\uff0c\u6bcf\u80a1\u76c8\u9918\u70ba\u5143\uff1b\u7a05\u5f8c\u6de8\u5229\u8207\u6de8\u5229\u7387\u63a1\u6b78\u5c6c\u6bcd\u516c\u53f8\u696d\u4e3b\u6de8\u5229\u30022026 \u5e74\u50c5\u81f3 Q2\u3002\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918\uff1a\u4f9d\u80a1\u672c\u8b8a\u52d5\uff082023-07 \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\":2,\"tabs\":[{\"key\":\"Q4\",\"label\":\"Q4\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff0810~12\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"\uff0d\",\"1,967\",\"2,584\",\"1,413\",\"2,063\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"290\",\"263\",\"121\",\"330\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"120\",\"201\",\"16\",\"193\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"427\",\"383\",\"191\",\"600\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"0.59\",\"0.53\",\"0.24\",\"1.02\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"0.59\",\"0.53\",\"0.24\",\"0.96\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"14.7%\",\"10.2%\",\"8.6%\",\"16.0%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"6.1%\",\"7.8%\",\"1.1%\",\"9.4%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"21.7%\",\"14.8%\",\"13.5%\",\"29.1%\"]]},{\"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\",\"7,612\",\"9,132\",\"5,348\",\"4,669\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"1,084\",\"781\",\"543\",\"628\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"596\",\"436\",\"-16\",\"236\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"1,788\",\"1,350\",\"1,252\",\"907\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"2.45\",\"1.85\",\"1.82\",\"1.54\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"2.45\",\"1.85\",\"1.82\",\"1.45\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"14.2%\",\"8.5%\",\"10.2%\",\"13.5%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"7.8%\",\"4.8%\",\"-0.3%\",\"5.1%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"23.5%\",\"14.8%\",\"23.4%\",\"19.4%\"]]}]},{\"key\":\"Q3\",\"label\":\"Q3\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff087~9\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"\uff0d\",\"1,400\",\"2,139\",\"1,375\",\"744\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"111\",\"178\",\"171\",\"90\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"17\",\"84\",\"26\",\"5\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"136\",\"252\",\"100\",\"190\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"0.19\",\"0.35\",\"0.14\",\"0.32\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"0.19\",\"0.35\",\"0.14\",\"0.30\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"7.9%\",\"8.3%\",\"12.4%\",\"12.1%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"1.2%\",\"3.9%\",\"1.9%\",\"0.7%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"9.7%\",\"11.8%\",\"7.3%\",\"25.6%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~9\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"\uff0d\",\"5,644\",\"6,548\",\"3,935\",\"2,606\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"794\",\"518\",\"422\",\"299\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"476\",\"235\",\"-32\",\"42\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"1,361\",\"967\",\"1,061\",\"307\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"1.86\",\"1.32\",\"1.58\",\"0.52\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"1.86\",\"1.32\",\"1.58\",\"0.49\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"14.1%\",\"7.9%\",\"10.7%\",\"11.5%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"8.4%\",\"3.6%\",\"-0.8%\",\"1.6%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"24.1%\",\"14.8%\",\"27.0%\",\"11.8%\"]]}]},{\"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\",\"20,783\",\"2,280\",\"2,396\",\"1,476\",\"971\"],[\"\u71df\u696d\u6bdb\u5229\",\"1,892\",\"479\",\"164\",\"84\",\"121\"],[\"\u71df\u696d\u5229\u76ca\",\"1,662\",\"350\",\"65\",\"-123\",\"38\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"918\",\"871\",\"408\",\"283\",\"-166\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"1.18\",\"1.19\",\"0.56\",\"0.43\",\"-0.28\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"1.18\",\"1.19\",\"0.56\",\"0.41\",\"-0.26\"],[\"\u6bdb\u5229\u7387\",\"9.1%\",\"21.0%\",\"6.9%\",\"5.7%\",\"12.5%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"8.0%\",\"15.4%\",\"2.7%\",\"-8.3%\",\"3.9%\"],[\"\u6de8\u5229\u7387\",\"4.4%\",\"38.2%\",\"17.0%\",\"19.2%\",\"-17.1%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~6\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"34,488\",\"4,244\",\"4,409\",\"2,560\",\"1,861\"],[\"\u71df\u696d\u6bdb\u5229\",\"3,060\",\"684\",\"339\",\"252\",\"208\"],[\"\u71df\u696d\u5229\u76ca\",\"2,821\",\"459\",\"151\",\"-59\",\"37\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"2,462\",\"1,225\",\"715\",\"961\",\"116\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"3.27\",\"1.68\",\"0.98\",\"1.49\",\"0.20\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"3.27\",\"1.68\",\"0.98\",\"1.41\",\"0.19\"],[\"\u6bdb\u5229\u7387\",\"8.9%\",\"16.1%\",\"7.7%\",\"9.8%\",\"11.2%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"8.2%\",\"10.8%\",\"3.4%\",\"-2.3%\",\"2.0%\"],[\"\u6de8\u5229\u7387\",\"7.1%\",\"28.9%\",\"16.2%\",\"37.5%\",\"6.2%\"]]}]},{\"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\",\"13,705\",\"1,964\",\"2,027\",\"1,084\",\"890\"],[\"\u71df\u696d\u6bdb\u5229\",\"1,168\",\"205\",\"172\",\"167\",\"87\"],[\"\u71df\u696d\u5229\u76ca\",\"1,158\",\"109\",\"82\",\"65\",\"-0\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"1,544\",\"354\",\"307\",\"678\",\"283\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"2.11\",\"0.48\",\"0.42\",\"1.15\",\"0.48\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"2.11\",\"0.48\",\"0.42\",\"1.09\",\"0.45\"],[\"\u6bdb\u5229\u7387\",\"8.5%\",\"10.4%\",\"8.5%\",\"15.4%\",\"9.8%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"8.5%\",\"5.6%\",\"4.0%\",\"6.0%\",\"-0.0%\"],[\"\u6de8\u5229\u7387\",\"11.3%\",\"18.0%\",\"15.1%\",\"62.5%\",\"31.7%\"]]}]}]}","ifam_metrics_tabs":"{\"default\":0,\"tabs\":[{\"key\":\"quarter\",\"label\":\"\u5b63\u5ea6\",\"tables\":[{\"title\":\"\u7372\u5229\u80fd\u529b\",\"head\":[\"\",\"2026 Q2\",\"2026 Q1\",\"2025 Q4\",\"2025 Q3\",\"2025 Q2\",\"2025 Q1\",\"2024 Q4\",\"2024 Q3\"],\"rows\":[[\"\u6bdb\u5229\u7387\",\"9.1%\",\"8.5%\",\"14.7%\",\"7.9%\",\"21.0%\",\"10.4%\",\"10.2%\",\"8.3%\"],[\"\u6de8\u5229\u7387\",\"4.4%\",\"11.3%\",\"21.7%\",\"9.7%\",\"38.2%\",\"18.0%\",\"14.8%\",\"11.8%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"9.4%\",\"10.8%\",\"3.9%\",\"1.6%\",\"7.0%\",\"3.1%\",\"4.0%\",\"2.7%\"],[\"ROCE*\",\"12.2%\",\"19.8%\",\"8.3%\",\"3.5%\",\"20.8%\",\"8.5%\",\"9.5%\",\"5.8%\"]]},{\"title\":\"\u6210\u9577\u6027\",\"head\":[\"\",\"2026 Q2\",\"2026 Q1\",\"2025 Q4\",\"2025 Q3\",\"2025 Q2\",\"2025 Q1\",\"2024 Q4\",\"2024 Q3\"],\"rows\":[[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"+811.3%\",\"+597.9%\",\"-23.9%\",\"-34.6%\",\"-4.8%\",\"-3.1%\",\"+82.9%\",\"+55.5%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+59.7%\",\"+404.3%\",\"+11.6%\",\"-46.1%\",\"+114.2%\",\"+15.9%\",\"+110.9%\",\"+158.4%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-1621.5%\",\"+47.9%\",\"-112.5%\",\"+118.6%\",\"-273.8%\",\"+1364.5%\",\"+98.6%\",\"+1072.3%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-1433.6%\",\"+46.6%\",\"-133.7%\",\"+140.1%\",\"-84.3%\",\"+14560.5%\",\"+781.0%\",\"+333.3%\"]]},{\"title\":\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"head\":[\"\",\"2026 Q2\",\"2026 Q1\",\"2025 Q4\",\"2025 Q3\",\"2025 Q2\",\"2025 Q1\",\"2024 Q4\",\"2024 Q3\"],\"rows\":[[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"5.1\",\"6.8\",\"44.1\",\"69.0\",\"54.2\",\"46.0\",\"34.7\",\"45.7\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"0.0\",\"0.1\",\"0.4\",\"0.6\",\"0.5\",\"0.5\",\"0.4\",\"0.5\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"43.9\",\"44.1\",\"228.7\",\"328.9\",\"238.8\",\"238.2\",\"177.9\",\"202.4\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"-38.8\",\"-37.3\",\"-184.2\",\"-259.3\",\"-184.1\",\"-191.7\",\"-142.8\",\"-156.2\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.45\",\"1.69\",\"1.17\",\"0.88\",\"0.92\",\"0.93\",\"0.94\",\"0.89\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.45\",\"1.69\",\"1.17\",\"0.88\",\"0.92\",\"0.93\",\"0.94\",\"0.89\"]]}]},{\"key\":\"year\",\"label\":\"\u5e74\u5ea6\",\"tables\":[{\"title\":\"\u7372\u5229\u80fd\u529b\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u6bdb\u5229\u7387\",\"14.2%\",\"8.5%\",\"10.2%\",\"13.5%\",\"12.1%\"],[\"\u6de8\u5229\u7387\",\"23.5%\",\"14.8%\",\"23.4%\",\"19.4%\",\"14.0%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"3.8%\",\"3.0%\",\"2.0%\",\"2.6%\",\"3.4%\"],[\"ROCE*\",\"9.3%\",\"7.7%\",\"7.2%\",\"5.9%\",\"5.9%\"]]},{\"title\":\"\u6210\u9577\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"-16.7%\",\"+70.7%\",\"+14.6%\",\"-27.1%\",\"-31.2%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+32.8%\",\"+8.4%\",\"+35.5%\",\"+1.3%\",\"-15.4%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+137.4%\",\"+1469.4%\",\"-105.2%\",\"+1.2%\",\"-28.2%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+206.1%\",\"+181.9%\",\"-198.4%\",\"-3.9%\",\"-39.6%\"]]},{\"title\":\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"45.6\",\"29.0\",\"43.6\",\"38.2\",\"22.0\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"0.4\",\"0.4\",\"1.0\",\"1.4\",\"0.7\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"233.4\",\"165.1\",\"244.7\",\"309.6\",\"226.0\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"-187.4\",\"-135.8\",\"-200.1\",\"-270.0\",\"-203.4\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.17\",\"0.94\",\"1.04\",\"0.99\",\"1.21\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.17\",\"0.94\",\"1.04\",\"0.99\",\"1.21\"]]}]}]}","ifam_chips":"{\"date\":\"2026-11-12\",\"label\":\"11\/12\u7576\u65e5\",\"volume_lot\":\"8,077\",\"avg_price\":\"49.65\",\"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 49.65 \u5143\u63a8\u7b97\uff1b\u7576\u65e5\u7e3d\u6210\u4ea4\u91cf 8,077 \u5f35\u3002\",\"groups\":[{\"name\":\"\u5916\u8cc7\",\"dir\":\"down\",\"streak\":\"\u90231\u8cb7\u2192\u90233\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"1,192\",\"3,603\",\"-2410\"],[\"\u91d1\u984d(\u5143)\",\"5,918\u842c\",\"1.8\u5104\",\"-1.2\u5104\"],[\"\u5747\u50f9(\u5143)\",\"49.65\",\"49.65\",\"49.65\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"14.8%\",\"44.6%\",\"\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)\",\"49.65\",\"49.65\",\"49.65\"],[\"\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\",\"95\",\"164\",\"-69\"],[\"\u91d1\u984d(\u5143)\",\"472\u842c\",\"814\u842c\",\"-342\u842c\"],[\"\u5747\u50f9(\u5143)\",\"49.65\",\"49.65\",\"49.65\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"1.2%\",\"2.0%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u4e09\u5927\u6cd5\u4eba\",\"dir\":\"down\",\"streak\":\"\u90232\u8cb7\u2192\u90233\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"1,287\",\"3,766\",\"-2479\"],[\"\u91d1\u984d(\u5143)\",\"6,390\u842c\",\"1.9\u5104\",\"-1.2\u5104\"],[\"\u5747\u50f9(\u5143)\",\"49.65\",\"49.65\",\"49.65\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"15.9%\",\"46.6%\",\"\u4e0d\u9069\u7528\"]]}]}","ifam_candle":"{\"date\":\"2026-11-13\",\"label\":\"11\/13\",\"today\":[{\"rule\":\"1-1\",\"name\":\"\u591a\u982d\u6bcd\u5b50\u7dda\",\"level\":\"\u9810\u8b66\",\"dir\":\"up\",\"text\":\"\u80a1\u50f9\u4e0b\u8dcc\u4e00\u6bb5\u5f8c\uff0c\u9577\u9ed1K\u7684\u9694\u65e5\u51fa\u73fe\u4e00\u6839\u5c0fK\u7dda\uff0c\u800c\u4e14\u6c92\u6709\u518d\u8dcc\u7834\u524d\u4e00\u65e5\u7684\u4f4e\u9ede\u3002\u8ce3\u58d3\u66ab\u6642\u505c\u4e86\u4e0b\u4f86\uff0c\u4f46\u53ea\u4ee3\u8868\u8dcc\u52e2\u505c\u9813\uff0c\u65b9\u5411\u9084\u6c92\u6709\u8868\u614b\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u6b62\u8dcc\u56de\u5347\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"dir_label\":\"\u25b2 \u504f\u591a\",\"dir_word\":\"\u504f\u591a\",\"what\":\"\u80a1\u50f9\u4e0b\u8dcc\u4e00\u6bb5\u5f8c\uff0c\u9577\u9ed1K\u7684\u9694\u65e5\u51fa\u73fe\u4e00\u6839\u5c0fK\u7dda\uff0c\u800c\u4e14\u6c92\u6709\u518d\u8dcc\u7834\u524d\u4e00\u65e5\u7684\u4f4e\u9ede\u3002\",\"mean\":\"\u8ce3\u58d3\u66ab\u6642\u505c\u4e86\u4e0b\u4f86\uff0c\u4f46\u53ea\u4ee3\u8868\u8dcc\u52e2\u505c\u9813\uff0c\u65b9\u5411\u9084\u6c92\u6709\u8868\u614b\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u6b62\u8dcc\u56de\u5347\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"third_label\":\"\u63a5\u4e0b\u4f86\u770b\u4ec0\u9ebc\",\"third\":\"\u6b21\u4e00\u4ea4\u6613\u65e5\u82e5\u518d\u6536\u4e00\u6839\u66f4\u9ad8\u7684\u7d05K\uff0c\u5347\u7d1a\u70ba\u300c\u4e09\u5167\u90e8\u4e0a\u6f32\u300d\uff08\u5df2\u78ba\u8a8d\uff09\u3002\",\"k\":[{\"d\":\"11\/12\",\"tag\":\"\u9577\u9ed1\",\"hi\":8,\"lo\":99.2,\"top\":27.2,\"bot\":99.2,\"col\":\"down\"},{\"d\":\"11\/13\",\"tag\":\"\u6bcd\u5b50\",\"hi\":41.6,\"lo\":104,\"top\":60.8,\"bot\":82.4,\"col\":\"up\"}]}],\"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\":\"10\/28\",\"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\/27\",\"dir_word\":\"\u504f\u591a\"},{\"rule\":\"3-4\",\"name\":\"\u5012\u9318\u7dda\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u5012\u9318\u7dda\uff0c\u4f46\u7576\u65e5\u6c92\u6709\u9577\u7d05K\u8ddf\u9032\u3002\u8cb7\u65b9\u7684\u53cd\u653b\u6c92\u6709\u6210\u5f62\uff0c\u80a1\u50f9\u65b9\u5411\u4ecd\u4e0d\u660e\u6717\u3002\",\"date\":\"10\/21\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"rule\":\"3-1\",\"name\":\"\u5012\u9318\u7dda\",\"level\":\"\u9810\u8b66\",\"dir\":\"up\",\"text\":\"\u80a1\u50f9\u4e0b\u8dcc\u4e00\u6bb5\u5f8c\uff0c\u51fa\u73fe\u4e00\u6839\u4e0a\u5f71\u7dda\u5f88\u9577\u3001\u5be6\u9ad4\u5f88\u5c0f\u7684K\u7dda\u3002\u8cb7\u65b9\u76e4\u4e2d\u8a66\u8457\u53cd\u653b\uff0c\u4f46\u6536\u76e4\u6c92\u80fd\u5b88\u4f4f\uff0c\u5c6c\u65bc\u8a66\u63a2\u6027\u7684\u8a0a\u865f\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u6b62\u8dcc\u56de\u5347\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"10\/20\",\"dir_word\":\"\u504f\u591a\"},{\"rule\":\"1-6\",\"name\":\"\u7a7a\u982d\u6bcd\u5b50\u7dda\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u7a7a\u982d\u6bcd\u5b50\u7dda\uff0c\u4f46\u7576\u65e5\u6c92\u6709\u6536\u4f4e\u7684\u9ed1K\u8ddf\u9032\u3002\u8f49\u5f31\u7684\u8a0a\u865f\u6c92\u6709\u88ab\u78ba\u8a8d\uff0c\u4ecd\u5c6c\u6574\u7406\uff0c\u80a1\u50f9\u65b9\u5411\u4ecd\u4e0d\u660e\u6717\u3002\",\"date\":\"10\/16\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"rule\":\"1-4\",\"name\":\"\u7a7a\u982d\u6bcd\u5b50\u7dda\",\"level\":\"\u9810\u8b66\",\"dir\":\"down\",\"text\":\"\u80a1\u50f9\u4e0a\u6f32\u4e00\u6bb5\u5f8c\uff0c\u9577\u7d05K\u7684\u9694\u65e5\u51fa\u73fe\u4e00\u6839\u5c0fK\u7dda\uff0c\u800c\u4e14\u6c92\u6709\u518d\u5275\u65b0\u9ad8\u3002\u8ffd\u50f9\u7684\u529b\u9053\u66ab\u6642\u505c\u4e86\u4e0b\u4f86\uff0c\u4f46\u53ea\u4ee3\u8868\u6f32\u52e2\u505c\u9813\uff0c\u65b9\u5411\u9084\u6c92\u6709\u8868\u614b\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u7531\u6f32\u8f49\u8dcc\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"10\/15\",\"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\":[\"110\",\"4\"]},{\"k\":\"\u8ce3\u51fa\",\"v\":[\"183\",\"2\"]},{\"k\":\"\u73fe\u511f\",\"v\":[\"0\",\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"-73\",\"-2\"],\"t\":[\"down\",\"down\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"5,197\",\"30\"]},{\"k\":\"\u4f7f\u7528\u7387\",\"v\":[\"2.5%\",\"0.0%\"]},{\"k\":\"\u9023\u589e\u9023\u6e1b\",\"v\":[\"\u589e\u2192\u90233\u6e1b\",\"\u6e1b\"],\"t\":[\"down\",\"down\"]},{\"k\":\"\u8cc7\u5238\u4e92\u62b5\",\"v\":[\"\",\"1\"]},{\"k\":\"\u8cc7\u5238\u7576\u6c96\",\"v\":[\"\",\"0.0%\"]},{\"k\":\"\u5238\u8cc7\u6bd4\",\"v\":[\"\",\"0.6%\"]}]},{\"head\":[\"11\/12\u7576\u65e5\",\"\u501f\u5238\u8ce3\u51fa(\u5f35)\"],\"rows\":[{\"k\":\"\u8ce3\u51fa\",\"v\":[\"62\"]},{\"k\":\"\u9084\u5238\",\"v\":[\"0\"]},{\"k\":\"\u8abf\u6574\",\"v\":[\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"+62\"],\"t\":[\"up\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"28,844\"]},{\"k\":\"\u6b21\u65e5\u9650\u984d\",\"v\":[\"70\"]}]}],\"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\",\"9,132\",\"7,612\",\"\",\"\",\"\"],[\"\u71df\u696d\u6bdb\u5229\",\"781\",\"1,084\",\"\",\"\",\"\"],[\"\u71df\u696d\u5229\u76ca\",\"436\",\"596\",\"\",\"\",\"\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"1,350\",\"1,788\",\"\",\"\",\"\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"1.84\",\"2.44\",\"\",\"\",\"\"],[\"\u6bdb\u5229\u7387\",\"8.5%\",\"14.2%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u7387\",\"14.8%\",\"23.5%\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u589e\u7387 (YoY,%)\",\"70.7%\",\"-16.7%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u5e74\u589e\u7387 (YoY,%)\",\"7.8%\",\"32.5%\",\"\",\"\",\"\"]],\"notes\":[\"\u8a3b\uff1a\u7a05\u5f8c\u6de8\u5229\uff0f\u6de8\u5229\u7387\u63a1\u300c\u6b78\u5c6c\u6bcd\u516c\u53f8\u696d\u4e3b\u6de8\u5229\u300d\u3002\",\"\uff0a\u57fa\u672c\u6bcf\u80a1\u76c8\u9918\u8207\u7a00\u91cb\u6bcf\u80a1\u76c8\u9918\u4e0d\u540c\uff0c\u8868\u5217\u70ba\u7a00\u91cb\u6bcf\u80a1\u76c8\u9918\uff1b\u57fa\u672c\u6bcf\u80a1\u76c8\u9918\uff1a2024 (A) 1.85\u30012025 (A) 2.45\u3002\"]},{\"title\":\"\u57fa\u790e\u8ca1\u52d9\u8cc7\u8a0a\uff0d\u904e\u53bb\u4e94\u5b63\",\"header\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2025 Q2\",\"2025 Q3\",\"2025 Q4\",\"2026 Q1\",\"2026 Q2\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"2,280\",\"1,400\",\"1,967\",\"13,705\",\"20,783\"],[\"\u71df\u696d\u6bdb\u5229\",\"479\",\"111\",\"290\",\"1,168\",\"1,892\"],[\"\u71df\u696d\u5229\u76ca\",\"350\",\"17\",\"120\",\"1,158\",\"1,662\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"871\",\"136\",\"427\",\"1,544\",\"918\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"1.19\",\"0.19\",\"0.58\",\"2.11\",\"1.18\"]],\"notes\":[]},{\"title\":\"\u95dc\u9375\u8ca1\u52d9\u6307\u6a19\",\"header\":[\"\",\"2025 Q2\",\"2025 Q3\",\"2025 Q4\",\"2026 Q1\",\"2026 Q2\"],\"rows\":[[\"\u7372\u5229\u80fd\u529b\",\"\",\"\",\"\",\"\",\"\"],[\"\u6bdb\u5229\u7387\",\"21.0%\",\"7.9%\",\"14.7%\",\"8.5%\",\"9.1%\"],[\"\u6de8\u5229\u7387\",\"38.2%\",\"9.7%\",\"21.7%\",\"11.3%\",\"4.4%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"7.0%\",\"1.6%\",\"3.9%\",\"10.8%\",\"9.4%\"],[\"ROCE*\",\"20.8%\",\"3.5%\",\"8.3%\",\"19.8%\",\"12.2%\"],[\"\u6210\u9577\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"-4.8%\",\"-34.6%\",\"-23.9%\",\"+597.9%\",\"+811.3%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+114.2%\",\"-46.1%\",\"+11.6%\",\"+404.3%\",\"+59.7%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-273.8%\",\"+118.6%\",\"-112.5%\",\"+47.9%\",\"-1621.5%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-84.3%\",\"+140.1%\",\"-133.7%\",\"+46.6%\",\"-1433.6%\"],[\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"54.2\",\"69.0\",\"44.1\",\"6.8\",\"5.1\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"0.5\",\"0.6\",\"0.4\",\"0.1\",\"0.0\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"238.8\",\"328.9\",\"228.7\",\"44.1\",\"43.9\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"-184.1\",\"-259.3\",\"-184.2\",\"-37.3\",\"-38.8\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"0.92\",\"0.88\",\"1.17\",\"1.69\",\"1.45\"],[\"\u901f\u52d5\u6bd4\u7387\",\"0.92\",\"0.88\",\"1.17\",\"1.69\",\"1.45\"]],\"notes\":[]}]","ifam_fin_note":"","ifam_metrics_note":"","ifam_price":"{\"symbol\":\"8926\",\"name\":\"\u53f0\u6c7d\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\":49.3,\"open\":48.85,\"high\":49.7,\"low\":48.4,\"prev_close\":48.5,\"change\":0.8,\"change_pct\":1.65,\"range\":1.3,\"amount\":\"1.14 \u5104\u5143\",\"volume\":2325,\"avg_volume_3m\":2447,\"market_cap\":\"409.3 \u5104\u5143\",\"shares\":\"8.3 \u5104\u80a1\"},\"annual\":[{\"year\":2026,\"pct\":24.23,\"ytd\":true},{\"year\":2025,\"pct\":2.8},{\"year\":2024,\"pct\":7.95},{\"year\":2023,\"pct\":33.69},{\"year\":2022,\"pct\":-10.19},{\"year\":2021,\"pct\":3.11},{\"year\":2020,\"pct\":34.98},{\"year\":2019,\"pct\":26.23},{\"year\":2018,\"pct\":-1.58},{\"year\":2017,\"pct\":26.35}],\"series\":[[\"2025-11-13\",43.57],[\"2025-11-14\",41.68],[\"2025-11-17\",40.51],[\"2025-11-18\",39.05],[\"2025-11-19\",39.93],[\"2025-11-20\",40.17],[\"2025-11-21\",39.93],[\"2025-11-24\",40.02],[\"2025-11-25\",39.83],[\"2025-11-26\",40.32],[\"2025-11-27\",40.51],[\"2025-11-28\",40.32],[\"2025-12-01\",39.88],[\"2025-12-02\",39.83],[\"2025-12-03\",39.93],[\"2025-12-04\",40.41],[\"2025-12-05\",40.12],[\"2025-12-08\",40.36],[\"2025-12-09\",40.02],[\"2025-12-10\",39.93],[\"2025-12-11\",39.93],[\"2025-12-12\",39.73],[\"2025-12-15\",39.54],[\"2025-12-16\",39.3],[\"2025-12-17\",39.05],[\"2025-12-18\",39.05],[\"2025-12-19\",39.68],[\"2025-12-22\",40.22],[\"2025-12-23\",40.12],[\"2025-12-24\",39.98],[\"2025-12-26\",39.83],[\"2025-12-29\",39.98],[\"2025-12-30\",39.93],[\"2025-12-31\",39.68],[\"2026-01-02\",39.73],[\"2026-01-05\",39.88],[\"2026-01-06\",39.44],[\"2026-01-07\",39.34],[\"2026-01-08\",39.73],[\"2026-01-09\",39.73],[\"2026-01-12\",39.88],[\"2026-01-13\",40.56],[\"2026-01-14\",41.09],[\"2026-01-15\",41.24],[\"2026-01-16\",41.29],[\"2026-01-19\",41.97],[\"2026-01-20\",41.82],[\"2026-01-21\",41.97],[\"2026-01-22\",42.84],[\"2026-01-23\",42.84],[\"2026-01-26\",43.47],[\"2026-01-27\",42.74],[\"2026-01-28\",42.21],[\"2026-01-29\",42.11],[\"2026-01-30\",41.92],[\"2026-02-02\",41.63],[\"2026-02-03\",41.77],[\"2026-02-04\",42.55],[\"2026-02-05\",42.4],[\"2026-02-06\",41.97],[\"2026-02-09\",42.06],[\"2026-02-10\",42.31],[\"2026-02-11\",44.2],[\"2026-02-23\",45.37],[\"2026-02-24\",45.27],[\"2026-02-25\",45.66],[\"2026-02-26\",45.61],[\"2026-03-02\",45.61],[\"2026-03-03\",45.46],[\"2026-03-04\",44.44],[\"2026-03-05\",44.78],[\"2026-03-06\",44.4],[\"2026-03-09\",43.72],[\"2026-03-10\",44.4],[\"2026-03-11\",44.4],[\"2026-03-12\",44.59],[\"2026-03-13\",44.78],[\"2026-03-16\",45.95],[\"2026-03-17\",44.93],[\"2026-03-18\",45.61],[\"2026-03-19\",45.8],[\"2026-03-20\",44.78],[\"2026-03-23\",44.49],[\"2026-03-24\",44.06],[\"2026-03-25\",44.83],[\"2026-03-26\",45.27],[\"2026-03-27\",44.69],[\"2026-03-30\",42.84],[\"2026-03-31\",41.97],[\"2026-04-01\",42.4],[\"2026-04-02\",42.21],[\"2026-04-07\",41.82],[\"2026-04-08\",42.26],[\"2026-04-09\",42.02],[\"2026-04-10\",42.79],[\"2026-04-13\",42.55],[\"2026-04-14\",42.55],[\"2026-04-15\",43.08],[\"2026-04-16\",43.33],[\"2026-04-17\",43.91],[\"2026-04-20\",44.88],[\"2026-04-21\",44.69],[\"2026-04-22\",44.4],[\"2026-04-23\",44.1],[\"2026-04-24\",43.96],[\"2026-04-27\",44.64],[\"2026-04-28\",44.44],[\"2026-04-29\",43.86],[\"2026-04-30\",43.13],[\"2026-05-04\",44.59],[\"2026-05-05\",46.19],[\"2026-05-06\",45.37],[\"2026-05-07\",45.42],[\"2026-05-08\",47.7],[\"2026-05-11\",50.03],[\"2026-05-12\",50.13],[\"2026-05-13\",55.08],[\"2026-05-14\",55.96],[\"2026-05-15\",59.36],[\"2026-05-18\",55.86],[\"2026-05-19\",55.37],[\"2026-05-20\",58.19],[\"2026-05-21\",59.26],[\"2026-05-22\",59.16],[\"2026-05-25\",60.72],[\"2026-05-26\",66.74],[\"2026-05-27\",70.24],[\"2026-05-28\",65.38],[\"2026-05-29\",64.7],[\"2026-06-01\",65.28],[\"2026-06-02\",65.48],[\"2026-06-03\",68.39],[\"2026-06-04\",70.33],[\"2026-06-05\",67.61],[\"2026-06-08\",64.99],[\"2026-06-09\",71.4],[\"2026-06-10\",72.86],[\"2026-06-11\",73.35],[\"2026-06-12\",72.08],[\"2026-06-15\",70.33],[\"2026-06-16\",74.61],[\"2026-06-17\",77.13],[\"2026-06-18\",76.75],[\"2026-06-22\",76.75],[\"2026-06-23\",79.85],[\"2026-06-24\",79.56],[\"2026-06-25\",75.87],[\"2026-06-26\",74.03],[\"2026-06-29\",74.71],[\"2026-06-30\",74.12],[\"2026-07-01\",72.18],[\"2026-07-02\",73],[\"2026-07-03\",75],[\"2026-07-06\",81],[\"2026-07-07\",78.5],[\"2026-07-08\",77.7],[\"2026-07-09\",76],[\"2026-07-13\",69.3],[\"2026-07-14\",67.3],[\"2026-07-15\",67.7],[\"2026-07-16\",67],[\"2026-07-17\",65.5],[\"2026-07-20\",64],[\"2026-07-21\",65.2],[\"2026-07-22\",64.7],[\"2026-07-23\",64.3],[\"2026-07-24\",64.7],[\"2026-07-27\",63.5],[\"2026-07-28\",61.9],[\"2026-07-29\",60.8],[\"2026-07-30\",58.8],[\"2026-07-31\",59],[\"2026-08-03\",61.8],[\"2026-08-04\",62.6],[\"2026-08-05\",63.3],[\"2026-08-06\",63.5],[\"2026-08-07\",62],[\"2026-08-10\",57],[\"2026-08-11\",55.8],[\"2026-08-12\",56.8],[\"2026-08-13\",55.8],[\"2026-08-14\",56.7],[\"2026-08-17\",56.6],[\"2026-08-18\",56],[\"2026-08-19\",55.8],[\"2026-08-20\",56.8],[\"2026-08-21\",57.3],[\"2026-08-24\",56.5],[\"2026-08-25\",57],[\"2026-08-26\",57.1],[\"2026-08-27\",57.4],[\"2026-08-28\",56.8],[\"2026-08-31\",55.9],[\"2026-09-01\",56.7],[\"2026-09-02\",56.3],[\"2026-09-03\",56.6],[\"2026-09-04\",57.5],[\"2026-09-07\",57.9],[\"2026-09-08\",57.2],[\"2026-09-09\",59.3],[\"2026-09-10\",58.7],[\"2026-09-11\",58],[\"2026-09-14\",57.4],[\"2026-09-15\",57.4],[\"2026-09-16\",58.5],[\"2026-09-17\",58.8],[\"2026-09-18\",59.8],[\"2026-09-21\",59.5],[\"2026-09-22\",58.7],[\"2026-09-23\",58.4],[\"2026-09-24\",58.8],[\"2026-09-29\",58.3],[\"2026-09-30\",59.2],[\"2026-10-01\",58.9],[\"2026-10-02\",59],[\"2026-10-05\",59.1],[\"2026-10-06\",58.9],[\"2026-10-07\",60.3],[\"2026-10-08\",61.1],[\"2026-10-12\",59.8],[\"2026-10-13\",58.2],[\"2026-10-14\",59.2],[\"2026-10-15\",58.8],[\"2026-10-16\",59],[\"2026-10-19\",57.2],[\"2026-10-20\",56.6],[\"2026-10-21\",56.8],[\"2026-10-22\",56.9],[\"2026-10-27\",58.1],[\"2026-10-28\",57.8],[\"2026-10-29\",57.7],[\"2026-10-30\",56.5],[\"2026-11-02\",56],[\"2026-11-03\",54.6],[\"2026-11-04\",54.4],[\"2026-11-05\",53.1],[\"2026-11-06\",51.9],[\"2026-11-09\",53.6],[\"2026-11-10\",53.3],[\"2026-11-11\",52.6],[\"2026-11-12\",48.5],[\"2026-11-13\",49.3]]}","ifam_pe_river":"{\"symbol\":\"8926\",\"source\":\"info.ifa.ai \u5e02\u5834\u8a55\u50f9\uff08\u672c\u76ca\u6bd4\u6cb3\u6d41\u5716\uff09\",\"sourceUrl\":\"https:\/\/info.ifa.ai\/tw-stock\/8926\/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\":\"10X\",\"values\":[23.87,23.87,23.87,23.87,23.87,23.87,23.87,23.87,24.48,24.48,24.48,24.48,24.48,24.48,24.48,24.48,24.48,24.48,24.48,24.48,44.08,44.08,44.08,38.77,38.77,38.77,38.77,38.77,38.77,38.77,38.77,38.77,38.77,45.04,45.04,45.04,45.04,45.04,45.04,45.04,45.04,45.04,45.04,45.04,45.04,45.04,45.04,45.04,45.04,45.04,45.04,45.04,45.04]},{\"label\":\"17.2X\",\"values\":[41.06,41.06,41.06,41.06,41.06,41.06,41.06,41.06,42.11,42.11,42.11,42.11,42.11,42.11,42.11,42.11,42.11,42.11,42.11,42.11,75.81,75.81,75.81,66.68,66.68,66.68,66.68,66.68,66.68,66.68,66.68,66.68,66.68,77.46,77.46,77.46,77.46,77.46,77.46,77.46,77.46,77.46,77.46,77.46,77.46,77.46,77.46,77.46,77.46,77.46,77.46,77.46,77.46]},{\"label\":\"24.4X\",\"values\":[58.25,58.25,58.25,58.25,58.25,58.25,58.25,58.25,59.74,59.74,59.74,59.74,59.74,59.74,59.74,59.74,59.74,59.74,59.74,59.74,107.55,107.55,107.55,94.59,94.59,94.59,94.59,94.59,94.59,94.59,94.59,94.59,94.59,109.89,109.89,109.89,109.89,109.89,109.89,109.89,109.89,109.89,109.89,109.89,109.89,109.89,109.89,109.89,109.89,109.89,109.89,109.89,109.89]},{\"label\":\"31.6X\",\"values\":[75.44,75.44,75.44,75.44,75.44,75.44,75.44,75.44,77.36,77.36,77.36,77.36,77.36,77.36,77.36,77.36,77.36,77.36,77.36,77.36,139.28,139.28,139.28,122.51,122.51,122.51,122.51,122.51,122.51,122.51,122.51,122.51,122.51,142.31,142.31,142.31,142.31,142.31,142.31,142.31,142.31,142.31,142.31,142.31,142.31,142.31,142.31,142.31,142.31,142.31,142.31,142.31,142.31]},{\"label\":\"38.8X\",\"values\":[92.62,92.62,92.62,92.62,92.62,92.62,92.62,92.62,94.99,94.99,94.99,94.99,94.99,94.99,94.99,94.99,94.99,94.99,94.99,94.99,171.02,171.02,171.02,150.42,150.42,150.42,150.42,150.42,150.42,150.42,150.42,150.42,150.42,174.74,174.74,174.74,174.74,174.74,174.74,174.74,174.74,174.74,174.74,174.74,174.74,174.74,174.74,174.74,174.74,174.74,174.74,174.74,174.74]},{\"label\":\"46X\",\"values\":[109.81,109.81,109.81,109.81,109.81,109.81,109.81,109.81,112.62,112.62,112.62,112.62,112.62,112.62,112.62,112.62,112.62,112.62,112.62,112.62,202.75,202.75,202.75,178.33,178.33,178.33,178.33,178.33,178.33,178.33,178.33,178.33,178.33,207.16,207.16,207.16,207.16,207.16,207.16,207.16,207.16,207.16,207.16,207.16,207.16,207.16,207.16,207.16,207.16,207.16,207.16,207.16,207.16]}],\"price\":{\"label\":\"\u80a1\u50f9\",\"values\":[42.9,41.1,41.5,41.3,40.9,40.85,41,40.85,40.9,40.9,42.5,44.1,43.15,43.2,45.5,46.95,45.7,46.1,46.1,46,43.45,44.05,45.2,45.25,44.4,49.1,61.1,60.9,66.6,69.6,74.2,79,76.2,75,76,65.5,64.7,59,62,56.7,57.3,56.8,57.5,58,59.8,58.8,59,61.1,59,56.9,56.5,51.9,48.5]}}","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":"
\u53f0\u6c7d\u96fb\u672a\u4f86\u5e7e\u5e74\u7684\u6210\u9577\u4e3b\u8981\u4f86\u81ea\u4e09\u500b\u65b9\u5411\uff1a\u68ee\u9738\u3001\u661f\u80fd\u3001\u661f\u5143\u4e09\u5bb6\u6c11\u71df\u71c3\u6c23\u96fb\u5ee0\u4f75\u8868\u3001\u7528\u96fb\u9700\u6c42\u652f\u6490\u7684\u96fb\u5ee0\u8abf\u5ea6\u8207\u64f4\u5efa\u5ef6\u5f79\uff0c\u4ee5\u53ca\u7da0\u96fb\u552e\u96fb\u8207\u9678\u57df\u98a8\u96fb\uff1b\u5929\u7136\u6c23\u6210\u672c\u8207\u96fb\u50f9\u653f\u7b56\u3001\u6838\u96fb\u91cd\u555f\u5c0d\u71c3\u6c23\u6a5f\u7d44\u8abf\u5ea6\u7684\u5f71\u97ff\uff0c\u4ee5\u53ca\u7372\u5229\u5b63\u5ea6\u6ce2\u52d5\u662f\u5f71\u97ff\u71df\u904b\u7684\u95dc\u9375\u56e0\u7d20\u3002<\/strong><\/p>\n \u516c\u53f8 2025 \u5e74 6 \u6708\u8463\u4e8b\u6703\u901a\u904e\u6536\u8cfc\u6771\u4eac\u96fb\u529b\u570b\u969b\u6301\u6709\u7684\u68ee\u9738\u3001\u661f\u80fd\u3001\u661f\u5143\u96fb\u529b\u5168\u6578\u80a1\u4efd\uff0c2026 \u5e74 1 \u6708\u5b8c\u6210\u5f8c\u6301\u80a1\u5206\u5225\u9054 62.5%\u300160% \u8207 64%\uff0c\u4e09\u5bb6\u96fb\u5ee0\u6539\u5217\u5b50\u516c\u53f8\u3001\u4f75\u5165\u5408\u4f75\u71df\u6536\uff1b\u5e74\u5831\u986f\u793a\u4e09\u5bb6\u5929\u7136\u6c23\u96fb\u5ee0\u7684\u88dd\u7f6e\u5bb9\u91cf\u5206\u5225\u70ba\u68ee\u9738 2,114MW\u3001\u661f\u5143 549MW\u3001\u661f\u80fd 507MW\uff0c\u5176\u4e2d\u68ee\u9738\u4e8c\u671f 2025 \u5e74 5 \u6708\u624d\u5546\u8f49\u3002\u516c\u53f8 9 \u6708\u8868\u793a\u71df\u6536\u7ffb\u500d\u7684\u4e3b\u56e0\u5c31\u662f\u4e09\u5bb6\u96fb\u5ee0\u7d0d\u5165\u5b50\u516c\u53f8\u30022026 \u5e74\u524d\u4e09\u5b63\u5408\u4f75\u71df\u6536 536.14 \u5104\u5143\uff0c\u6b78\u5c6c\u6bcd\u516c\u53f8\u6de8\u5229 28.48 \u5104\u5143\u3001\u6bcf\u80a1\u76c8\u9918 3.66 \u5143\uff1b10 \u6708\u71df\u6536 52.84 \u5104\u5143\u3001\u5e74\u589e 585.99%\u3002<\/p>\n \u516c\u53f8\u5728 2026 \u5e74 3 \u6708\u6cd5\u8aaa\u6703\u8868\u793a\uff0c\u8fd1\u5e7e\u5e74\u96fb\u529b\u4f9b\u9700\u4e0b\u4e09\u5bb6\u96fb\u5ee0\u7684\u5bb9\u91cf\u56e0\u6578\u504f\u9ad8\uff0c\u56e0\u61c9 AI \u8207\u8cc7\u6599\u4e2d\u5fc3\u7528\u96fb\uff0c\u6703\u6301\u7e8c\u7dad\u8b77\u6a5f\u7d44\uff1b\u5bb9\u91cf\u56e0\u6578\u9ad8\u4f4e\u53d6\u6c7a\u65bc\u53f0\u96fb\u7cfb\u7d71\u9700\u6c42\uff0c2026 \u5e74\u61c9\u53ef\u7dad\u6301\u8207\u524d\u4e00\u5e74\u76f8\u7576\u7684\u6c34\u6e96\uff0c\u4f9d\u8fd1\u671f\u7528\u96fb\u9700\u6c42\u63a8\u4f30\u53ef\u80fd\u66f4\u9ad8\u3002\u5e74\u5831\u6307\u51fa\uff0c\u90e8\u5206\u8f49\u6295\u8cc7\u71c3\u6c23\u96fb\u5ee0\u5c07\u9678\u7e8c\u5c46\u6eff\u8cfc\u552e\u96fb\u5408\u7d04\u5e74\u9650\uff0c\u5f8c\u7e8c\u4ee5\u5ef6\u5f79\u70ba\u76ee\u6a19\u3001\u53c3\u8207\u53f0\u96fb\u65e2\u6709\u71c3\u6c23\u6a5f\u7d44\u63a1\u8cfc\u6848\uff0c\u68ee\u9738\u4e5f\u898f\u5283\u7b2c\u4e09\u671f\u64f4\u5efa\u3001\u6b63\u5728\u8fa6\u7406\u74b0\u8a55\uff1b\u6301\u80a1 45.83% \u7684\u570b\u5149\u96fb\u529b\u4e8c\u671f\uff081,200MW\uff09\u5df2\u53d6\u5f97\u53f0\u96fb\u63a1\u8cfc\u6a19\u6848\u8207\u5de5\u4f5c\u8a31\u53ef\uff0c\u9810\u8a08 2028 \u5e74\u5e95\u5546\u8f49\uff0c\u516c\u53f8\u8868\u793a\u570b\u5149\u5927\u80a1\u6771\u4e2d\u6cb9\u4ecd\u6709\u6301\u7e8c\u6301\u80a1\u7684\u610f\u9858\uff0c\u76ee\u524d\u770b\u4e0d\u5230\u4f75\u8868\u7684\u53ef\u80fd\u3002\u5e74\u5831\u4e5f\u63d0\u5230\u6703\u8a55\u4f30\u6536\u8cfc\u570b\u5167\u65e2\u6709\u6c11\u71df\u96fb\u5ee0\u51fa\u552e\u7684\u80a1\u6b0a\u3002<\/p>\n \u5e74\u5831\u986f\u793a 2025 \u5e74\u518d\u751f\u80fd\u6e90\u552e\u96fb\u8f49\u4f9b\u91cf\u7d04 2.27 \u5104\u5ea6\u3001\u5e74\u589e 35%\uff0c\u5b50\u516c\u53f8\u53f0\u6c7d\u96fb\u7da0\u80fd\u7d2f\u8a08\u8f49\u4f9b\u7da0\u96fb\u5df2\u8d85\u904e 9.4 \u5104\u5ea6\u3002\u9678\u57df\u98a8\u96fb\u65b9\u9762\uff0c\u6f22\u5bf6\u7b2c\u4e00\u968e\u6bb5 5 \u90e8\u98a8\u6a5f\uff0821MW\uff09\u9810\u8a08 2027 \u5e74\u4e0a\u534a\u5e74\u5b8c\u5de5\u767c\u96fb\uff1b2026 \u5e74 9 \u6708\u8463\u4e8b\u6703\u901a\u904e\u6295\u8cc7 13.09 \u5104\u5143\u66f4\u65b0\u7af9\u5357\u98a8\u5834\uff0812.6MW\uff09\uff0c\u516c\u53f8 3 \u6708\u8868\u793a\u7af9\u5357\u9806\u5229\u7684\u8a71 2027 \u5e74\u53ef\u91cd\u88fd\u3002\u516c\u53f8\u4e5f\u627f\u652c\u6c83\u65ed\u4e8c\u671f\u8207\u53f0\u96fb\u96e2\u5cb8\u98a8\u96fb\u4e8c\u671f\u7684\u9678\u4e0a\u8b8a\u96fb\u7ad9\u8207\u8f38\u96fb\u7dda\u5de5\u7a0b\u3002<\/p>\n \u540d\u55ae\u5167\u6a5f\u69cb\u6c92\u6709\u9ede\u540d\u53f0\u6c7d\u96fb\uff0c\u770b\u6cd5\u96c6\u4e2d\u5728\u7528\u96fb\u9700\u6c42\u8207\u80fd\u6e90\u6210\u672c\u3002TrendForce 2026 \u5e74 9 \u6708\u9810\u4f30\u5168\u7403\u8cc7\u6599\u4e2d\u5fc3\u96fb\u529b\u9700\u6c42\u5bb9\u91cf 2026 \u5e74\u9054 161GW\u3001\u5e74\u589e\u7d04 31%\uff0c2027 \u5e74\u5e74\u589e\u4ecd\u5728 30% \u4ee5\u4e0a\uff0cAI \u4f3a\u670d\u5668\u5360\u6bd4 2026 \u5e74\u7d04 33.4%\u3002Reuters 10 \u6708\u6307\u51fa\uff0c\u53f0\u7063\u653f\u5e9c\u8a08\u756b\u5728 2026 \u5e74\u652f\u51fa\u7d04 4,150 \u5104\u5143\u5354\u52a9\u53f0\u96fb\u8207\u4e2d\u6cb9\u5438\u6536\u570b\u969b\u80fd\u6e90\u50f9\u683c\u4e0a\u6f32\u7684\u6210\u672c\uff0c\u7d93\u6fdf\u90e8\u8868\u793a\u82e5\u6c92\u6709\u8ffd\u52a0\u9810\u7b97\uff0c\u5169\u5bb6\u516c\u53f8\u6050\u96e3\u518d\u626e\u6f14\u7a69\u5b9a\u50f9\u683c\u7684\u89d2\u8272\u3002<\/p>\n \u7e3d\u7d93\u7406\u9673\u610f\u901a 3 \u6708\u8868\u793a\uff0c\u6838\u96fb\u91cd\u555f\u53ef\u80fd\u58d3\u7e2e\u5176\u4ed6\u6a5f\u7d44\u7684\u767c\u96fb\u6a5f\u6703\uff0c\u4f46 AI \u8207\u9ad8\u79d1\u6280\u8a2d\u5ee0\u4f7f\u7528\u96fb\u91cf\u6025\u907d\u589e\u52a0\uff0c\u5c0d\u91cd\u555f\u6a02\u89c0\u5176\u6210\u3002\u5e74\u5831\u5217\u51fa\u7684\u4e0d\u5229\u56e0\u7d20\u5305\u62ec\u532f\u7387\u8207\u71c3\u6599\u50f9\u683c\u6ce2\u52d5\u5927\u3001\u6210\u672c\u8b8a\u52d5\u63a7\u5236\u4e0d\u6613\uff0c\u6c7d\u96fb\u5171\u751f\u734e\u52f5\u63aa\u65bd\u9010\u6b65\u7dca\u7e2e\uff0c\u4ee5\u53ca\u90e8\u5206\u5340\u57df\u96fb\u7db2\u5bb9\u91cf\u7dca\u6f80\uff0c\u4f7f\u65e2\u6709\u96fb\u5ee0\u7684\u66f4\u65b0\u6539\u5efa\u8207\u5ef6\u5f79\u9762\u81e8\u6311\u6230\u3002\u7372\u5229\u4e5f\u6709\u5b63\u5ea6\u6ce2\u52d5\uff1a\u4e0a\u534a\u5e74\u6bcf\u80a1\u76c8\u9918 3.27 \u5143\uff0c\u524d\u4e09\u5b63\u7d2f\u8a08\u70ba 3.66 \u5143\u3002\u516c\u53f8 2026 \u5e74 5 \u6708\u66fe\u516c\u544a\u6f84\u6e05\uff0c\u5916\u754c\u6240\u7a31\u300c\u672a\u4f86\u6bcf\u5b63\u6bcf\u80a1\u76c8\u9918\u6709\u671b 2 \u5143\u8d77\u8df3\u300d\u4e26\u975e\u516c\u53f8\u8aaa\u6cd5\u3002<\/p>\n","ifam_val_profit":" \u4ee5\u4e0b\u4f9d\u516c\u53f8\u5df2\u516c\u5e03\u7684\u8ca1\u5831\u8207\u6708\u71df\u6536\uff0c\u8aaa\u660e\u53f0\u6c7d\u96fb\uff088926\uff09\u7684\u7372\u5229\u8ecc\u8de1\u3002<\/p>\n \u5df2\u516c\u5e03\u7684\u5be6\u7e3e\uff1a2026 \u5e74\u4e0a\u534a\u5e74\u5408\u4f75\u71df\u6536 344.88 \u5104\u5143\u3001\u5e74\u589e 712.6%\uff0c\u6bcf\u80a1\u76c8\u9918 3.27 \u5143\u3001\u8f03\u53bb\u5e74\u540c\u671f\u7684 1.67 \u5143\u6210\u9577 95.8%\uff1b\u7b2c 2 \u5b63\u55ae\u5b63\u71df\u6536 207.83 \u5104\u5143\u3001\u6bcf\u80a1\u76c8\u9918 1.18 \u5143\uff0c\u53bb\u5e74\u540c\u671f\u70ba 22.80 \u5104\u5143\u8207 1.19 \u5143\u3002\u4e0a\u534a\u5e74\u6bdb\u5229\u7387 8.9%\uff0c\u4f4e\u65bc 2025 \u5e74\u5168\u5e74\u7684 14.2%\u3002<\/p>\n \u71df\u6536\u898f\u6a21\u7684\u8df3\u5347\u53ea\u6709\u4e00\u500b\u539f\u56e0\uff1a\u5929\u7136\u6c23\u767c\u96fb\u5ee0\u81ea 2026 \u5e74\u8d77\u6210\u70ba\u61c9\u5831\u5c0e\u90e8\u9580\uff0c\u4e0a\u534a\u5e74\u8ca2\u737b 319.42 \u5104\u5143\u3001\u5360\u5408\u4f75\u71df\u6536\u7684 92.6%\uff0c\u800c 2025 \u5e74\u5404\u671f\u5728\u8ca1\u5831\u4e0a\u9084\u6c92\u6709\u9019\u500b\u90e8\u9580\u3002\u539f\u6709\u7684\u5169\u500b\u90e8\u9580\u540c\u671f\u90fd\u5728\u840e\u7e2e\u2014\u2014\u5b98\u7530\u6c7d\u96fb\u5ee0\u7531 4.88 \u5104\u5143\u964d\u70ba 4.63 \u5104\u5143\uff0c\u5de5\u7a0b\u53ca\u9867\u554f\u670d\u52d9\u90e8\u9580\u7531 37.56 \u5104\u5143\u964d\u70ba 20.83 \u5104\u5143\u3002\u770b\u9019\u5bb6\u516c\u53f8\u8981\u628a\u300c\u898f\u6a21\u8df3\u5347\u300d\u8207\u300c\u539f\u6709\u696d\u52d9\u7684\u52d5\u80fd\u300d\u5206\u958b\u770b\u3002<\/p>\n","ifam_val_multiple":"","ifam_strategy_on":"1","ifam_trades":"{\"fileName\":\"\",\"source\":\"\u6bcf\u65e5\u81ea\u52d5\u66f4\u65b0\",\"sheet\":\"\u53f0\u6c7d\u96fb(8926)\u9032\u51fa\u7d00\u9304\",\"blocks\":[{\"title\":\"Trending GARP Q30\",\"header\":[\"\u6b21\u6578\",\"\u9032\u5834\u65e5\u671f\",\"\u51fa\u5834\u65e5\u671f\",\"\u6301\u6709\u5929\u6578\",\"\u9032\u5834\u958b\u76e4\u50f9\",\"\u51fa\u5834\u958b\u76e4\u50f9\",\"\u958b\u76e4\u5831\u916c\",\"\u9032\u5834\u6536\u76e4\u50f9\",\"\u51fa\u5834\u6536\u76e4\u50f9\",\"\u6536\u76e4\u5831\u916c\"],\"returnCols\":[6,9],\"rows\":[[\"1\",\"2026-05-14\",\"2026-08-04\",\"82\",\"59.70\",\"61.50\",\"+6.04%\",\"57.60\",\"62.60\",\"+11.87%\"]]},{\"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\",\"2026-03-09\",\"2026-03-10\",\"1\",\"46.10\",\"45.15\",\"-2.06%\",\"45.00\",\"45.70\",\"+1.56%\"],[\"2\",\"2026-05-14\",\"2026-07-23\",\"70\",\"59.70\",\"64.80\",\"+11.73%\",\"57.60\",\"64.30\",\"+14.91%\"],[\"3\",\"2026-07-30\",\"2026-08-04\",\"5\",\"60.50\",\"61.50\",\"+1.65%\",\"58.80\",\"62.60\",\"+6.46%\"]]}],\"parsedAt\":\"2026-11-13T07:24:54.027Z\"}","ifam_valuation":"{\"matrix\":{\"corner\":\"\",\"title\":\"\",\"note\":\"\",\"columns\":[{\"order\":1,\"year\":\"2025(A)\",\"eps\":2.4,\"label\":\"2025(A)\uff1a2.4 \u5143\"}],\"rows\":[{\"order\":1,\"pe\":49.3,\"peLabel\":\"49 \u5143\",\"desc\":\"2026-11-13\",\"cells\":[{\"order\":1,\"price\":20.541666666666668,\"text\":\"20.5 \u500d\",\"hl\":false}]}]}}","ifam_val_range":"","footnotes":""},"categories":[8],"tags":[],"ifam_industry":[14],"ifam_strategy":[],"class_list":["post-483","post","type-post","status-publish","format-standard","hentry","category-stock","ifam_industry-oil-gas-electricity"],"_links":{"self":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/483","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=483"}],"version-history":[{"count":1,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/483\/revisions"}],"predecessor-version":[{"id":680,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/483\/revisions\/680"}],"wp:attachment":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/media?parent=483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/categories?post=483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/tags?post=483"},{"taxonomy":"ifam_industry","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_industry?post=483"},{"taxonomy":"ifam_strategy","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_strategy?post=483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\u4e09\u5bb6\u6c11\u71df\u96fb\u5ee0\u4f75\u8868<\/h4>\n
\u7528\u96fb\u9700\u6c42\u8207\u96fb\u5ee0\u64f4\u5efa\u5ef6\u5f79<\/h4>\n
\u7da0\u96fb\u552e\u96fb\u8207\u9678\u57df\u98a8\u96fb<\/h4>\n
\u5916\u90e8\u6a5f\u69cb\u89c0\u9ede<\/h4>\n
\u5e02\u5834\u95dc\u6ce8\u7684\u8b8a\u6578<\/h4>\n