{"id":697,"date":"2026-11-03T16:59:05","date_gmt":"2026-11-03T08:59:05","guid":{"rendered":"https:\/\/ifa.ai\/research\/2421tt\/"},"modified":"2026-11-13T22:04:01","modified_gmt":"2026-11-13T14:04:01","slug":"2421tt","status":"publish","type":"post","link":"https:\/\/ifa.ai\/research\/2421tt\/","title":{"rendered":"[\u5efa\u6e96 (2421)] \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\u5efa\u6e96"},"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":"2421","ifam_company":"\u5efa\u6e96","ifam_market":"\u53f0\u80a1","ifam_updated_at":"","ifam_business":"<p><strong>\u5efa\u6e96\u96fb\u6a5f\uff082421\uff09\u4e3b\u8981\u7684\u71df\u6536\u4f86\u6e90\u662f\u6563\u71b1\u98a8\u6247\u8207\u9ad8\u7cbe\u5bc6\u5c0f\u99ac\u9054\u7684\u7814\u767c\u3001\u88fd\u9020\u8207\u92b7\u552e\u3002<\/strong><\/p>\n<p>\u516c\u53f8 1980 \u5e74\u8a2d\u7acb\uff0c\u4e3b\u8981\u5ba2\u6236\u662f\u7cfb\u7d71\u5ee0\u5546\u8207\u7d93\u92b7\u5546\u3002\u8ca1\u5831\u53ea\u4f9d\u5b50\u516c\u53f8\u6240\u5728\u5730\u63ed\u9732\u4e09\u500b\u61c9\u5831\u5c0e\u90e8\u9580\uff0c2026 \u5e74\u4e0a\u534a\u5e74\u4f86\u81ea\u5916\u90e8\u5ba2\u6236\u6536\u5165\u70ba\u5927\u4e2d\u83ef\u5730\u5340 101.26 \u5104\u5143\uff0897.0%\uff09\u3001\u6b50\u7f8e\u5730\u5340 3.13 \u5104\u5143\uff083.0%\uff09\u3001\u5176\u4ed6\u5730\u5340 0 \u5143\uff1b\u7522\u54c1\u5225\u8207\u5730\u5340\u5225\u8cc7\u8a0a\u5728\u671f\u4e2d\u8ca1\u5831\u5f97\u514d\u63ed\u9732\uff0c\u6240\u4ee5\u672c\u9801\u7684\u71df\u6536\u62c6\u5206\u8868\u7559\u7a7a\u3002<\/p>\n<p>\u8fd1\u5169\u5e74\u7684\u6210\u9577\u660e\u986f\u52a0\u901f\uff1a2024 \u5e74\u5408\u4f75\u71df\u6536 146.24 \u5104\u5143\uff08\u5e74\u589e 13.2%\uff09\u30012025 \u5e74 186.78 \u5104\u5143\uff08\u5e74\u589e 27.7%\uff09\uff0c2026 \u5e74\u4e0a\u534a\u5e74 104.38 \u5104\u5143\u3001\u5e74\u589e 18.3%\uff1b\u6bdb\u5229\u7387\u540c\u671f\u7531 27.9% \u5347\u5230 31.4%\u3002<\/p>\n<p>\u5efa\u6e96\u7684\u7af6\u722d\u512a\u52e2\u5728\u65bc\u99ac\u9054\u672c\u9ad4\u7684\u81ea\u88fd\u8207\u6563\u71b1\u65b9\u6848\u7684\u8a2d\u8a08\u53c3\u8207\u3002\u6563\u71b1\u98a8\u6247\u7684\u6548\u80fd\u53d6\u6c7a\u65bc\u99ac\u9054\u6548\u7387\u3001\u6247\u8449\u8a2d\u8a08\u8207\u566a\u97f3\u63a7\u5236\uff0c\u4e09\u8005\u5fc5\u9808\u4e00\u8d77\u8abf\uff1b\u80fd\u81ea\u88fd\u5c0f\u99ac\u9054\u7684\u5ee0\u5546\u53ef\u4ee5\u628a\u898f\u683c\u76f4\u63a5\u505a\u9032\u5ba2\u6236\u7684\u6a5f\u69cb\u8a2d\u8a08\uff0c\u800c\u6a5f\u6ac3\u8207\u4f3a\u670d\u5668\u7684\u6563\u71b1\u914d\u7f6e\u5728\u8a2d\u8a08\u968e\u6bb5\u5c31\u5b9a\u6848\uff0c\u5f8c\u7e8c\u4e0d\u6613\u66f4\u63db\u4f9b\u61c9\u5546\u3002<\/p>\n","ifam_revenue":"","ifam_revenue_trend":"{\"tabs\":[{\"key\":\"month\",\"label\":\"\u6708\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\"],\"rows\":[[\"1~10\u6708\u7d2f\u8a08\",\"18,562\",\"15,353\",\"11,943\"],[\"12\u6708\",\"\uff0d\",\"1,791\",\"1,377\"],[\"11\u6708\",\"\uff0d\",\"1,534\",\"1,304\"],[\"10\u6708\",\"1,982\",\"1,594\",\"1,176\"],[\"9\u6708\",\"2,049\",\"1,758\",\"1,274\"],[\"8\u6708\",\"1,974\",\"1,566\",\"1,360\"],[\"7\u6708\",\"2,119\",\"1,610\",\"1,396\"],[\"6\u6708\",\"1,855\",\"1,563\",\"1,187\"],[\"5\u6708\",\"1,692\",\"1,472\",\"1,269\"],[\"4\u6708\",\"1,871\",\"1,628\",\"1,221\"],[\"3\u6708\",\"1,918\",\"1,566\",\"1,113\"],[\"2\u6708\",\"1,323\",\"1,293\",\"727\"],[\"1\u6708\",\"1,778\",\"1,303\",\"1,221\"]]},{\"key\":\"quarter\",\"label\":\"\u5b63\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026Q3\",\"2026Q2\",\"2026Q1\",\"2025Q4\",\"2025Q3\",\"2025Q2\",\"2025Q1\",\"2024Q4\"],\"rows\":[[\"\u71df\u6536\",\"6,143\",\"5,419\",\"5,019\",\"4,918\",\"4,934\",\"4,663\",\"4,162\",\"3,856\"],[\"\u5e74\u589e\u7387\",\"+24.5%\",\"+16.2%\",\"+20.6%\",\"+27.5%\",\"+22.4%\",\"+26.8%\",\"+36.0%\",\"+18.1%\"],[\"\u5b63\u589e\u7387\",\"+13.4%\",\"+8.0%\",\"+2.1%\",\"-0.3%\",\"+5.8%\",\"+12.0%\",\"+7.9%\",\"-4.3%\"]]},{\"key\":\"half\",\"label\":\"\u534a\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026H1\",\"2025H2\",\"2025H1\",\"2024H2\",\"2024H1\",\"2023H2\"],\"rows\":[[\"\u71df\u6536\",\"10,438\",\"9,852\",\"8,825\",\"7,887\",\"6,737\",\"6,560\"],[\"\u5e74\u589e\u7387\",\"+18.3%\",\"+24.9%\",\"+31.0%\",\"+20.2%\",\"+6.0%\",\"-12.0%\"],[\"\u534a\u5e74\u589e\u7387\",\"+5.9%\",\"+11.6%\",\"+11.9%\",\"+17.1%\",\"+2.7%\",\"+3.2%\"]]},{\"key\":\"year\",\"label\":\"\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026 (1~10\u6708)\",\"2025\",\"2024\"],\"rows\":[[\"\u71df\u6536\",\"18,562\",\"18,678\",\"14,624\"],[\"\u5e74\u589e\u7387\",\"+20.9%\",\"+27.7%\",\"+13.2%\"]]}]}","ifam_income_tabs":"{\"note\":\"\u55ae\u4f4d\uff1a\u65b0\u53f0\u5e63\u767e\u842c\u5143\uff0c\u6bcf\u80a1\u76c8\u9918\u70ba\u5143\uff1b\u7a05\u5f8c\u6de8\u5229\u8207\u6de8\u5229\u7387\u63a1\u6b78\u5c6c\u6bcd\u516c\u53f8\u696d\u4e3b\u6de8\u5229\u30022026 \u5e74\u50c5\u81f3 Q3\u3002\",\"default\":1,\"tabs\":[{\"key\":\"Q4\",\"label\":\"Q4\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff0810~12\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"\uff0d\",\"4,918\",\"3,856\",\"3,266\",\"3,793\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"1,614\",\"1,170\",\"910\",\"924\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"810\",\"460\",\"371\",\"367\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"625\",\"437\",\"238\",\"280\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"2.29\",\"1.60\",\"0.84\",\"1.11\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"32.8%\",\"30.3%\",\"27.9%\",\"24.4%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"16.5%\",\"11.9%\",\"11.4%\",\"9.7%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"12.7%\",\"11.3%\",\"7.3%\",\"7.4%\"]]},{\"title\":\"\u7d2f\u7a4d\uff08\u5168\u5e74\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"\uff0d\",\"18,678\",\"14,624\",\"12,915\",\"14,063\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"5,801\",\"4,157\",\"3,601\",\"3,171\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"2,809\",\"1,677\",\"1,530\",\"1,122\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"2,166\",\"1,492\",\"1,334\",\"1,089\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"7.94\",\"5.46\",\"5.16\",\"4.34\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"31.1%\",\"28.4%\",\"27.9%\",\"22.5%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"15.0%\",\"11.5%\",\"11.8%\",\"8.0%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"11.6%\",\"10.2%\",\"10.3%\",\"7.7%\"]]}]},{\"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\",\"6,143\",\"4,934\",\"4,031\",\"3,294\",\"3,664\"],[\"\u71df\u696d\u6bdb\u5229\",\"2,008\",\"1,546\",\"1,148\",\"954\",\"880\"],[\"\u71df\u696d\u5229\u76ca\",\"1,132\",\"769\",\"522\",\"404\",\"330\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"899\",\"694\",\"349\",\"386\",\"356\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"3.14\",\"2.55\",\"1.28\",\"1.49\",\"1.42\"],[\"\u6bdb\u5229\u7387\",\"32.7%\",\"31.3%\",\"28.5%\",\"29.0%\",\"24.0%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"18.4%\",\"15.6%\",\"12.9%\",\"12.3%\",\"9.0%\"],[\"\u6de8\u5229\u7387\",\"14.6%\",\"14.1%\",\"8.7%\",\"11.7%\",\"9.7%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~9\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"16,581\",\"13,760\",\"10,768\",\"9,649\",\"10,270\"],[\"\u71df\u696d\u6bdb\u5229\",\"5,291\",\"4,188\",\"2,987\",\"2,691\",\"2,247\"],[\"\u71df\u696d\u5229\u76ca\",\"2,757\",\"1,999\",\"1,217\",\"1,159\",\"755\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"2,238\",\"1,541\",\"1,055\",\"1,096\",\"809\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"7.93\",\"5.65\",\"3.86\",\"4.32\",\"3.23\"],[\"\u6bdb\u5229\u7387\",\"31.9%\",\"30.4%\",\"27.7%\",\"27.9%\",\"21.9%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"16.6%\",\"14.5%\",\"11.3%\",\"12.0%\",\"7.4%\"],[\"\u6de8\u5229\u7387\",\"13.5%\",\"11.2%\",\"9.8%\",\"11.4%\",\"7.9%\"]]}]},{\"key\":\"Q2\",\"label\":\"Q2\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff084~6\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"5,419\",\"4,663\",\"3,677\",\"3,280\",\"3,483\"],[\"\u71df\u696d\u6bdb\u5229\",\"1,693\",\"1,424\",\"1,039\",\"923\",\"787\"],[\"\u71df\u696d\u5229\u76ca\",\"836\",\"715\",\"420\",\"407\",\"296\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"690\",\"374\",\"379\",\"432\",\"300\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"2.42\",\"1.37\",\"1.39\",\"1.72\",\"1.20\"],[\"\u6bdb\u5229\u7387\",\"31.3%\",\"30.5%\",\"28.3%\",\"28.1%\",\"22.6%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"15.4%\",\"15.3%\",\"11.4%\",\"12.4%\",\"8.5%\"],[\"\u6de8\u5229\u7387\",\"12.7%\",\"8.0%\",\"10.3%\",\"13.2%\",\"8.6%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~6\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"10,438\",\"8,825\",\"6,737\",\"6,355\",\"6,606\"],[\"\u71df\u696d\u6bdb\u5229\",\"3,283\",\"2,641\",\"1,838\",\"1,737\",\"1,368\"],[\"\u71df\u696d\u5229\u76ca\",\"1,624\",\"1,230\",\"695\",\"755\",\"425\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"1,339\",\"846\",\"706\",\"710\",\"453\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"4.78\",\"3.10\",\"2.58\",\"2.83\",\"1.81\"],[\"\u6bdb\u5229\u7387\",\"31.4%\",\"29.9%\",\"27.3%\",\"27.3%\",\"20.7%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"15.6%\",\"13.9%\",\"10.3%\",\"11.9%\",\"6.4%\"],[\"\u6de8\u5229\u7387\",\"12.8%\",\"9.6%\",\"10.5%\",\"11.2%\",\"6.9%\"]]}]},{\"key\":\"Q1\",\"label\":\"Q1\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff081~3\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"5,019\",\"4,162\",\"3,060\",\"3,075\",\"3,123\"],[\"\u71df\u696d\u6bdb\u5229\",\"1,589\",\"1,218\",\"799\",\"814\",\"581\"],[\"\u71df\u696d\u5229\u76ca\",\"788\",\"516\",\"275\",\"348\",\"129\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"649\",\"472\",\"326\",\"278\",\"153\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"2.36\",\"1.73\",\"1.19\",\"1.11\",\"0.61\"],[\"\u6bdb\u5229\u7387\",\"31.7%\",\"29.3%\",\"26.1%\",\"26.5%\",\"18.6%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"15.7%\",\"12.4%\",\"9.0%\",\"11.3%\",\"4.1%\"],[\"\u6de8\u5229\u7387\",\"12.9%\",\"11.3%\",\"10.7%\",\"9.0%\",\"4.9%\"]]}]}]}","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\",\"32.7%\",\"31.3%\",\"31.7%\",\"32.8%\",\"31.3%\",\"30.5%\",\"29.3%\",\"30.3%\"],[\"\u6de8\u5229\u7387\",\"14.6%\",\"12.7%\",\"12.9%\",\"12.7%\",\"14.1%\",\"8.0%\",\"11.3%\",\"11.3%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"38.1%\",\"33.4%\",\"34.5%\",\"39.3%\",\"39.8%\",\"36.2%\",\"31.6%\",\"32.1%\"],[\"ROCE*\",\"39.8%\",\"31.5%\",\"29.1%\",\"33.5%\",\"42.2%\",\"24.0%\",\"25.7%\",\"26.4%\"]]},{\"title\":\"\u6210\u9577\u6027\",\"head\":[\"\",\"2026 Q3\",\"2026 Q2\",\"2026 Q1\",\"2025 Q4\",\"2025 Q3\",\"2025 Q2\",\"2025 Q1\",\"2024 Q4\"],\"rows\":[[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"+24.5%\",\"+16.2%\",\"+20.6%\",\"+27.5%\",\"+22.4%\",\"+26.8%\",\"+36.0%\",\"+18.1%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+29.4%\",\"+84.5%\",\"+37.5%\",\"+42.9%\",\"+98.9%\",\"-1.3%\",\"+44.6%\",\"+83.5%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-1.1%\",\"+10.1%\",\"-90.1%\",\"+35.9%\",\"+7737.6%\",\"+60.8%\",\"+74.8%\",\"+13.8%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-32.1%\",\"-46.2%\",\"-151.2%\",\"+8.7%\",\"+436.6%\",\"+121.2%\",\"+93.0%\",\"+4.8%\"]]},{\"title\":\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"head\":[\"\",\"2026 Q3\",\"2026 Q2\",\"2026 Q1\",\"2025 Q4\",\"2025 Q3\",\"2025 Q2\",\"2025 Q1\",\"2024 Q4\"],\"rows\":[[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"88.1\",\"93.9\",\"96.5\",\"96.6\",\"90.6\",\"87.8\",\"93.5\",\"97.2\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"74.8\",\"72.9\",\"68.1\",\"63.8\",\"58.8\",\"61.2\",\"67.6\",\"72.5\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"120.5\",\"122.1\",\"123.6\",\"122.2\",\"108.8\",\"104.2\",\"109.7\",\"112.2\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"42.4\",\"44.8\",\"41.0\",\"38.2\",\"40.6\",\"44.8\",\"51.4\",\"57.6\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.80\",\"1.64\",\"2.06\",\"1.84\",\"1.84\",\"1.62\",\"1.92\",\"1.88\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.40\",\"1.31\",\"1.69\",\"1.50\",\"1.49\",\"1.33\",\"1.57\",\"1.52\"]]}]},{\"key\":\"year\",\"label\":\"\u5e74\u5ea6\",\"tables\":[{\"title\":\"\u7372\u5229\u80fd\u529b\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u6bdb\u5229\u7387\",\"31.1%\",\"28.4%\",\"27.9%\",\"22.5%\",\"18.7%\"],[\"\u6de8\u5229\u7387\",\"11.6%\",\"10.2%\",\"10.3%\",\"7.7%\",\"3.2%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"35.8%\",\"30.1%\",\"29.0%\",\"26.7%\",\"23.1%\"],[\"ROCE*\",\"29.6%\",\"24.0%\",\"26.1%\",\"26.4%\",\"11.4%\"]]},{\"title\":\"\u6210\u9577\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"+27.7%\",\"+13.2%\",\"-8.2%\",\"+3.7%\",\"+6.1%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+45.1%\",\"+11.9%\",\"+22.5%\",\"+153.7%\",\"-49.6%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+95.8%\",\"-22.7%\",\"+0.8%\",\"+1030.8%\",\"-87.1%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+108.4%\",\"-40.3%\",\"+6.4%\",\"+753.2%\",\"-123.1%\"]]},{\"title\":\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"90.4\",\"89.2\",\"90.9\",\"88.4\",\"89.3\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"65.3\",\"73.8\",\"92.2\",\"86.4\",\"70.5\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"112.9\",\"107.6\",\"115.9\",\"102.3\",\"95.2\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"42.8\",\"55.4\",\"67.2\",\"72.5\",\"64.7\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.84\",\"1.88\",\"2.03\",\"1.43\",\"1.34\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.50\",\"1.52\",\"1.59\",\"1.01\",\"0.94\"]]}]}]}","ifam_chips":"{\"date\":\"2026-11-12\",\"label\":\"11\/12\u7576\u65e5\",\"volume_lot\":\"1,385\",\"avg_price\":\"134.76\",\"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 134.76 \u5143\u63a8\u7b97\uff1b\u7576\u65e5\u7e3d\u6210\u4ea4\u91cf 1,385 \u5f35\u3002\",\"groups\":[{\"name\":\"\u5916\u8cc7\",\"dir\":\"down\",\"streak\":\"\u90231\u8cb7\u2192\u90232\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"377\",\"881\",\"-504\"],[\"\u91d1\u984d(\u5143)\",\"5,084\u842c\",\"1.2\u5104\",\"-6,788\u842c\"],[\"\u5747\u50f9(\u5143)\",\"134.76\",\"134.76\",\"134.76\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"27.2%\",\"63.6%\",\"\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)\",\"134.76\",\"134.76\",\"134.76\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"0.0%\",\"0.0%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u81ea\u71df\u5546\",\"dir\":\"down\",\"streak\":\"\u90231\u8cb7\u2192\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"17\",\"52\",\"-35\"],[\"\u91d1\u984d(\u5143)\",\"229\u842c\",\"704\u842c\",\"-475\u842c\"],[\"\u5747\u50f9(\u5143)\",\"134.76\",\"134.76\",\"134.76\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"1.2%\",\"3.8%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u4e09\u5927\u6cd5\u4eba\",\"dir\":\"down\",\"streak\":\"\u90231\u8cb7\u2192\u90232\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"394\",\"933\",\"-539\"],[\"\u91d1\u984d(\u5143)\",\"5,313\u842c\",\"1.3\u5104\",\"-7,263\u842c\"],[\"\u5747\u50f9(\u5143)\",\"134.76\",\"134.76\",\"134.76\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"28.5%\",\"67.4%\",\"\u4e0d\u9069\u7528\"]]}]}","ifam_candle":"{\"date\":\"2026-11-13\",\"label\":\"11\/13\",\"today\":[],\"recent\":[{\"rule\":\"11-3\",\"name\":\"\u6233\u5165\u7dda\",\"level\":\"\u5ef6\u7e8c\",\"dir\":\"down\",\"text\":\"\u80a1\u50f9\u4e0b\u8dcc\u4e00\u6bb5\u5f8c\uff0c\u9577\u9ed1K\u7684\u9694\u65e5\u53cd\u5f48\u6536\u9032\u524d\u4e00\u65e5\u7684\u5be6\u9ad4\uff0c\u4f46\u6c92\u6709\u8d85\u904e\u4e00\u534a\u3002\u8cb7\u65b9\u6709\u62b5\u6297\u3001\u4f46\u9084\u6c92\u53d6\u5f97\u4e3b\u5c0e\uff0c\u8dcc\u52e2\u5ef6\u7e8c\u7684\u610f\u5473\u6bd4\u9838\u4e0a\u7dda\u3001\u9838\u5167\u7dda\u5f31\u4e00\u4e9b\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u4e0b\u8dcc\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"11\/02\",\"dir_word\":\"\u504f\u7a7a\"},{\"rule\":\"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\":\"1-3\",\"name\":\"\u591a\u982d\u6bcd\u5b50\u7dda\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u591a\u982d\u6bcd\u5b50\u7dda\uff0c\u4f46\u7576\u65e5\u6c92\u6709\u6536\u9ad8\u7684\u7d05K\u8ddf\u9032\u3002\u6b62\u8dcc\u7684\u8a0a\u865f\u6c92\u6709\u88ab\u78ba\u8a8d\uff0c\u4ecd\u5c6c\u6574\u7406\uff0c\u80a1\u50f9\u65b9\u5411\u4ecd\u4e0d\u660e\u6717\u3002\",\"date\":\"10\/22\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"rule\":\"1-1\",\"name\":\"\u591a\u982d\u6bcd\u5b50\u7dda\",\"level\":\"\u9810\u8b66\",\"dir\":\"up\",\"text\":\"\u80a1\u50f9\u4e0b\u8dcc\u4e00\u6bb5\u5f8c\uff0c\u9577\u9ed1K\u7684\u9694\u65e5\u51fa\u73fe\u4e00\u6839\u5c0fK\u7dda\uff0c\u800c\u4e14\u6c92\u6709\u518d\u8dcc\u7834\u524d\u4e00\u65e5\u7684\u4f4e\u9ede\u3002\u8ce3\u58d3\u66ab\u6642\u505c\u4e86\u4e0b\u4f86\uff0c\u4f46\u53ea\u4ee3\u8868\u8dcc\u52e2\u505c\u9813\uff0c\u65b9\u5411\u9084\u6c92\u6709\u8868\u614b\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u6b62\u8dcc\u56de\u5347\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"10\/21\",\"dir_word\":\"\u504f\u591a\"},{\"rule\":\"1-3\",\"name\":\"\u591a\u982d\u6bcd\u5b50\u7dda\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u591a\u982d\u6bcd\u5b50\u7dda\uff0c\u4f46\u7576\u65e5\u6c92\u6709\u6536\u9ad8\u7684\u7d05K\u8ddf\u9032\u3002\u6b62\u8dcc\u7684\u8a0a\u865f\u6c92\u6709\u88ab\u78ba\u8a8d\uff0c\u4ecd\u5c6c\u6574\u7406\uff0c\u80a1\u50f9\u65b9\u5411\u4ecd\u4e0d\u660e\u6717\u3002\",\"date\":\"10\/19\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"rule\":\"1-1\",\"name\":\"\u591a\u982d\u6bcd\u5b50\u7dda\",\"level\":\"\u9810\u8b66\",\"dir\":\"up\",\"text\":\"\u80a1\u50f9\u4e0b\u8dcc\u4e00\u6bb5\u5f8c\uff0c\u9577\u9ed1K\u7684\u9694\u65e5\u51fa\u73fe\u4e00\u6839\u5c0fK\u7dda\uff0c\u800c\u4e14\u6c92\u6709\u518d\u8dcc\u7834\u524d\u4e00\u65e5\u7684\u4f4e\u9ede\u3002\u8ce3\u58d3\u66ab\u6642\u505c\u4e86\u4e0b\u4f86\uff0c\u4f46\u53ea\u4ee3\u8868\u8dcc\u52e2\u505c\u9813\uff0c\u65b9\u5411\u9084\u6c92\u6709\u8868\u614b\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u6b62\u8dcc\u56de\u5347\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"10\/16\",\"dir_word\":\"\u504f\u591a\"}],\"recent_days\":20,\"caption\":\"K\u7dda\u5716\u4f9d\u8a72\u5e7e\u65e5\u7684\u9084\u539f\u958b\u9ad8\u4f4e\u6536\u50f9\u7e6a\u88fd\u3002\u578b\u614b\u70ba\u6b77\u53f2\u50f9\u683c\u884c\u70ba\u7684\u63cf\u8ff0\uff0c\u4e0d\u69cb\u6210\u4efb\u4f55\u6295\u8cc7\u5efa\u8b70\u3002\",\"note\":\"K\u7dda\u578b\u614b\u8a0a\u865f\u7531\u7a0b\u5f0f\u4f9d\u6bcf\u65e5\u7684\u958b\u76e4\u3001\u6700\u9ad8\u3001\u6700\u4f4e\u3001\u6536\u76e4\u50f9\u81ea\u52d5\u8fa8\u8b58\uff0c\u300c\u4e0b\u8dcc\u4e00\u6bb5\uff0f\u4e0a\u6f32\u4e00\u6bb5\u300d\u4ee5\u578b\u614b\u51fa\u73fe\u524d 5 \u500b\u4ea4\u6613\u65e5\u7684\u9084\u539f\u6536\u76e4\u50f9\u6f32\u8dcc\u5224\u65b7\u3002\u4e0a\u8ff0\u8aaa\u660e\u7d14\u7cb9\u662f\u4f9d\u578b\u614b\u672c\u8eab\u7684\u4e00\u822c\u89e3\u8b80\u6240\u505a\u7684\u63a8\u8ad6\uff0c\u4e0d\u4ee3\u8868\u672c\u516c\u53f8\u5c0d\u8a72\u500b\u80a1\u7684\u770b\u6cd5\uff0c\u4ea6\u975e\u8cb7\u8ce3\u5efa\u8b70\uff1b\u8a0a\u865f\u6709\u53ef\u80fd\u5931\u6548\uff0c\u904e\u53bb\u51fa\u73fe\u7684\u578b\u614b\u4e0d\u4ee3\u8868\u672a\u4f86\u7684\u80a1\u50f9\u8d70\u52e2\u3002\"}","ifam_margin":"{\"date\":\"2026-11-12\",\"label\":\"11\/12\u7576\u65e5\",\"tables\":[{\"head\":[\"11\/12\u7576\u65e5\",\"\u878d\u8cc7(\u5f35)\",\"\u878d\u5238(\u5f35)\"],\"rows\":[{\"k\":\"\u8cb7\u9032\",\"v\":[\"177\",\"5\"]},{\"k\":\"\u8ce3\u51fa\",\"v\":[\"47\",\"2\"]},{\"k\":\"\u73fe\u511f\",\"v\":[\"1\",\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"+129\",\"-3\"],\"t\":[\"up\",\"down\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"3,925\",\"21\"]},{\"k\":\"\u4f7f\u7528\u7387\",\"v\":[\"5.5%\",\"0.0%\"]},{\"k\":\"\u9023\u589e\u9023\u6e1b\",\"v\":[\"\u90236\u6e1b\u2192\u90234\u589e\",\"\u6e1b\"],\"t\":[\"up\",\"down\"]},{\"k\":\"\u8cc7\u5238\u4e92\u62b5\",\"v\":[\"\",\"1\"]},{\"k\":\"\u8cc7\u5238\u7576\u6c96\",\"v\":[\"\",\"0.1%\"]},{\"k\":\"\u5238\u8cc7\u6bd4\",\"v\":[\"\",\"0.5%\"]}]},{\"head\":[\"11\/12\u7576\u65e5\",\"\u501f\u5238\u8ce3\u51fa(\u5f35)\"],\"rows\":[{\"k\":\"\u8ce3\u51fa\",\"v\":[\"57\"]},{\"k\":\"\u9084\u5238\",\"v\":[\"0\"]},{\"k\":\"\u8abf\u6574\",\"v\":[\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"+57\"],\"t\":[\"up\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"6,119\"]},{\"k\":\"\u6b21\u65e5\u9650\u984d\",\"v\":[\"60\"]}]}],\"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\",\"14,624\",\"18,678\",\"\",\"27,180\",\"\"],[\"\u71df\u696d\u6bdb\u5229\",\"4,157\",\"5,801\",\"\",\"\",\"\"],[\"\u71df\u696d\u5229\u76ca\",\"1,677\",\"2,809\",\"\",\"\",\"\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"1,492\",\"2,166\",\"\",\"\",\"\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"5.45\",\"7.93\",\"\",\"13.5\",\"\"],[\"\u6bdb\u5229\u7387\",\"28.4%\",\"31.1%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u7387\",\"10.2%\",\"11.6%\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u589e\u7387 (YoY,%)\",\"13.2%\",\"27.7%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u5e74\u589e\u7387 (YoY,%)\",\"11.9%\",\"45.1%\",\"\",\"\",\"\"]],\"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) 5.46\u30012025 (A) 7.94\u30012025 Q2 1.37\u30012025 Q3 2.55\u30012025 Q4 2.29\u30012026 Q1 2.36\u30012026 Q2 2.42\u3002\",\"\uff0a\u8868\u4e00 (E)\uff0f(F) \u6b04\u70ba\u672c\u516c\u53f8\u6574\u7406\u81ea\u516c\u958b\u8cc7\u8a0a\uff0c\u975e\u516c\u53f8\u516c\u5e03\u4e4b\u6578\u5b57\uff0c\u4ea6\u4e0d\u4ee3\u8868\u524d\u9032\u667a\u80fd\u6295\u9867\u4e4b\u89c0\u9ede\u3002\"]},{\"title\":\"\u57fa\u790e\u8ca1\u52d9\u8cc7\u8a0a\uff0d\u904e\u53bb\u4e94\u5b63\",\"header\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2025 Q2\",\"2025 Q3\",\"2025 Q4\",\"2026 Q1\",\"2026 Q2\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"4,663\",\"4,934\",\"4,918\",\"5,019\",\"5,419\"],[\"\u71df\u696d\u6bdb\u5229\",\"1,424\",\"1,546\",\"1,614\",\"1,589\",\"1,693\"],[\"\u71df\u696d\u5229\u76ca\",\"715\",\"769\",\"810\",\"788\",\"836\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"374\",\"694\",\"625\",\"649\",\"690\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"1.37\",\"2.55\",\"2.29\",\"2.36\",\"2.41\"]],\"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\",\"30.5%\",\"31.3%\",\"32.8%\",\"31.7%\",\"31.3%\"],[\"\u6de8\u5229\u7387\",\"8.0%\",\"14.1%\",\"12.7%\",\"12.9%\",\"12.7%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"36.2%\",\"39.8%\",\"39.3%\",\"34.5%\",\"33.4%\"],[\"ROCE*\",\"24.0%\",\"42.2%\",\"33.5%\",\"29.1%\",\"31.5%\"],[\"\u6210\u9577\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"+26.8%\",\"+22.4%\",\"+27.5%\",\"+20.6%\",\"+16.2%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"-1.3%\",\"+98.9%\",\"+42.9%\",\"+37.5%\",\"+84.5%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+60.8%\",\"+7737.6%\",\"+35.9%\",\"-90.1%\",\"+10.1%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+121.2%\",\"+436.6%\",\"+8.7%\",\"-151.2%\",\"-46.2%\"],[\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"87.8\",\"90.6\",\"96.6\",\"96.5\",\"93.9\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"61.2\",\"58.8\",\"63.8\",\"68.1\",\"72.9\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"104.2\",\"108.8\",\"122.2\",\"123.6\",\"122.1\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"44.8\",\"40.6\",\"38.2\",\"41.0\",\"44.8\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.62\",\"1.84\",\"1.84\",\"2.06\",\"1.64\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.33\",\"1.49\",\"1.50\",\"1.69\",\"1.31\"]],\"notes\":[]}]","ifam_fin_note":"","ifam_metrics_note":"","ifam_price":"{\"symbol\":\"2421\",\"name\":\"\u5efa\u6e96\",\"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\":134,\"open\":133,\"high\":136,\"low\":132.5,\"prev_close\":131,\"change\":3,\"change_pct\":2.29,\"range\":3.5,\"amount\":\"1.27 \u5104\u5143\",\"volume\":945,\"avg_volume_3m\":3108,\"market_cap\":\"384.5 \u5104\u5143\",\"shares\":\"2.87 \u5104\u80a1\"},\"annual\":[{\"year\":2026,\"pct\":-13.68,\"ytd\":true},{\"year\":2025,\"pct\":70.53},{\"year\":2024,\"pct\":-6.27},{\"year\":2023,\"pct\":157.97},{\"year\":2022,\"pct\":-0.54},{\"year\":2021,\"pct\":-12.98},{\"year\":2020,\"pct\":18.1},{\"year\":2019,\"pct\":35.69},{\"year\":2018,\"pct\":-25.34},{\"year\":2017,\"pct\":101.02}],\"series\":[[\"2025-11-13\",177.97],[\"2025-11-14\",170.24],[\"2025-11-17\",171.69],[\"2025-11-18\",172.65],[\"2025-11-19\",172.17],[\"2025-11-20\",183.29],[\"2025-11-21\",168.78],[\"2025-11-24\",163.46],[\"2025-11-25\",164.92],[\"2025-11-26\",162.98],[\"2025-11-27\",160.56],[\"2025-11-28\",161.05],[\"2025-12-01\",158.14],[\"2025-12-02\",156.21],[\"2025-12-03\",158.14],[\"2025-12-04\",157.66],[\"2025-12-05\",161.53],[\"2025-12-08\",155.24],[\"2025-12-09\",153.31],[\"2025-12-10\",156.21],[\"2025-12-11\",153.31],[\"2025-12-12\",152.34],[\"2025-12-15\",151.37],[\"2025-12-16\",147.51],[\"2025-12-17\",147.99],[\"2025-12-18\",146.54],[\"2025-12-19\",151.86],[\"2025-12-22\",154.28],[\"2025-12-23\",150.41],[\"2025-12-24\",152.83],[\"2025-12-26\",155.73],[\"2025-12-29\",156.69],[\"2025-12-30\",154.28],[\"2025-12-31\",155.24],[\"2026-01-02\",153.31],[\"2026-01-05\",151.86],[\"2026-01-06\",151.37],[\"2026-01-07\",151.37],[\"2026-01-08\",148.96],[\"2026-01-09\",151.37],[\"2026-01-12\",150.41],[\"2026-01-13\",147.02],[\"2026-01-14\",150.41],[\"2026-01-15\",147.99],[\"2026-01-16\",147.99],[\"2026-01-19\",145.09],[\"2026-01-20\",146.05],[\"2026-01-21\",146.05],[\"2026-01-22\",149.92],[\"2026-01-23\",147.99],[\"2026-01-26\",147.51],[\"2026-01-27\",146.05],[\"2026-01-28\",144.6],[\"2026-01-29\",147.02],[\"2026-01-30\",138.32],[\"2026-02-02\",138.32],[\"2026-02-03\",144.12],[\"2026-02-04\",147.02],[\"2026-02-05\",144.6],[\"2026-02-06\",142.19],[\"2026-02-09\",142.19],[\"2026-02-10\",141.7],[\"2026-02-11\",139.77],[\"2026-02-23\",142.19],[\"2026-02-24\",140.25],[\"2026-02-25\",146.54],[\"2026-02-26\",147.51],[\"2026-03-02\",149.44],[\"2026-03-03\",138.32],[\"2026-03-04\",130.09],[\"2026-03-05\",135.9],[\"2026-03-06\",132.51],[\"2026-03-09\",125.74],[\"2026-03-10\",123.81],[\"2026-03-11\",135.9],[\"2026-03-12\",136.38],[\"2026-03-13\",139.77],[\"2026-03-16\",141.22],[\"2026-03-17\",150.41],[\"2026-03-18\",146.54],[\"2026-03-19\",139.77],[\"2026-03-20\",138.8],[\"2026-03-23\",128.64],[\"2026-03-24\",126.71],[\"2026-03-25\",134.93],[\"2026-03-26\",131.55],[\"2026-03-27\",130.09],[\"2026-03-30\",126.71],[\"2026-03-31\",118.97],[\"2026-04-01\",123.81],[\"2026-04-02\",118.49],[\"2026-04-07\",120.91],[\"2026-04-08\",127.19],[\"2026-04-09\",132.03],[\"2026-04-10\",136.38],[\"2026-04-13\",135.41],[\"2026-04-14\",136.87],[\"2026-04-15\",136.38],[\"2026-04-16\",142.19],[\"2026-04-17\",141.7],[\"2026-04-20\",141.22],[\"2026-04-21\",141.22],[\"2026-04-22\",142.19],[\"2026-04-23\",136.87],[\"2026-04-24\",140.73],[\"2026-04-27\",137.83],[\"2026-04-28\",138.32],[\"2026-04-29\",141.7],[\"2026-04-30\",140.25],[\"2026-05-04\",145.09],[\"2026-05-05\",144.6],[\"2026-05-06\",143.15],[\"2026-05-07\",144.6],[\"2026-05-08\",144.12],[\"2026-05-11\",146.05],[\"2026-05-12\",144.12],[\"2026-05-13\",141.7],[\"2026-05-14\",140.73],[\"2026-05-15\",135.41],[\"2026-05-18\",135.9],[\"2026-05-19\",140.25],[\"2026-05-20\",138.32],[\"2026-05-21\",147.02],[\"2026-05-22\",153.31],[\"2026-05-25\",157.18],[\"2026-05-26\",159.6],[\"2026-05-27\",156.69],[\"2026-05-28\",151.37],[\"2026-05-29\",153.79],[\"2026-06-01\",159.6],[\"2026-06-02\",159.11],[\"2026-06-03\",162.01],[\"2026-06-04\",162.98],[\"2026-06-05\",156.21],[\"2026-06-08\",151.86],[\"2026-06-09\",154.76],[\"2026-06-10\",145],[\"2026-06-11\",142],[\"2026-06-12\",144],[\"2026-06-15\",143],[\"2026-06-16\",142.5],[\"2026-06-17\",144.5],[\"2026-06-18\",145],[\"2026-06-22\",150],[\"2026-06-23\",146.5],[\"2026-06-24\",150],[\"2026-06-25\",145.5],[\"2026-06-26\",137],[\"2026-06-29\",138],[\"2026-06-30\",142],[\"2026-07-01\",146],[\"2026-07-02\",148],[\"2026-07-03\",149],[\"2026-07-06\",148.5],[\"2026-07-07\",144],[\"2026-07-08\",143.5],[\"2026-07-09\",142.5],[\"2026-07-13\",138],[\"2026-07-14\",133.5],[\"2026-07-15\",139],[\"2026-07-16\",135],[\"2026-07-17\",127],[\"2026-07-20\",125.5],[\"2026-07-21\",128.5],[\"2026-07-22\",132],[\"2026-07-23\",133.5],[\"2026-07-24\",130],[\"2026-07-27\",131.5],[\"2026-07-28\",126.5],[\"2026-07-29\",124.5],[\"2026-07-30\",120.5],[\"2026-07-31\",131],[\"2026-08-03\",136.5],[\"2026-08-04\",135.5],[\"2026-08-05\",140.5],[\"2026-08-06\",154.5],[\"2026-08-07\",151.5],[\"2026-08-10\",149.5],[\"2026-08-11\",151.5],[\"2026-08-12\",150.5],[\"2026-08-13\",149.5],[\"2026-08-14\",146],[\"2026-08-17\",148],[\"2026-08-18\",145.5],[\"2026-08-19\",145],[\"2026-08-20\",144],[\"2026-08-21\",142.5],[\"2026-08-24\",143.5],[\"2026-08-25\",144],[\"2026-08-26\",151.5],[\"2026-08-27\",159.5],[\"2026-08-28\",163.5],[\"2026-08-31\",179.5],[\"2026-09-01\",177],[\"2026-09-02\",168],[\"2026-09-03\",164.5],[\"2026-09-04\",178],[\"2026-09-07\",171.5],[\"2026-09-08\",168],[\"2026-09-09\",167.5],[\"2026-09-10\",165],[\"2026-09-11\",164.5],[\"2026-09-14\",163],[\"2026-09-15\",158],[\"2026-09-16\",160.5],[\"2026-09-17\",162],[\"2026-09-18\",167],[\"2026-09-21\",166.5],[\"2026-09-22\",167],[\"2026-09-23\",163],[\"2026-09-24\",167],[\"2026-09-29\",163.5],[\"2026-09-30\",160.5],[\"2026-10-01\",164],[\"2026-10-02\",166],[\"2026-10-05\",169.5],[\"2026-10-06\",173],[\"2026-10-07\",171.5],[\"2026-10-08\",168],[\"2026-10-12\",168.5],[\"2026-10-13\",168],[\"2026-10-14\",171],[\"2026-10-15\",164],[\"2026-10-16\",166],[\"2026-10-19\",161.5],[\"2026-10-20\",158],[\"2026-10-21\",159.5],[\"2026-10-22\",155],[\"2026-10-27\",154],[\"2026-10-28\",154.5],[\"2026-10-29\",159.5],[\"2026-10-30\",144],[\"2026-11-02\",146],[\"2026-11-03\",138],[\"2026-11-04\",141.5],[\"2026-11-05\",131],[\"2026-11-06\",125],[\"2026-11-09\",131.5],[\"2026-11-10\",137.5],[\"2026-11-11\",137.5],[\"2026-11-12\",131],[\"2026-11-13\",134]]}","ifam_pe_river":"{\"symbol\":\"2421\",\"source\":\"info.ifa.ai \u5e02\u5834\u8a55\u50f9\uff08\u672c\u76ca\u6bd4\u6cb3\u6d41\u5716\uff09\",\"sourceUrl\":\"https:\/\/info.ifa.ai\/tw-stock\/2421\/market-evaluation?indicator=channel%2F65f156d8f5ebd92955ad793b\",\"scrapedAt\":\"2026-11-13\",\"adjusted\":false,\"dates\":[\"2025-11-14\",\"2025-11-21\",\"2025-11-28\",\"2025-12-05\",\"2025-12-12\",\"2025-12-19\",\"2025-12-26\",\"2025-12-31\",\"2026-01-02\",\"2026-01-09\",\"2026-01-16\",\"2026-01-23\",\"2026-01-30\",\"2026-02-06\",\"2026-02-11\",\"2026-02-26\",\"2026-03-06\",\"2026-03-13\",\"2026-03-20\",\"2026-03-27\",\"2026-04-02\",\"2026-04-10\",\"2026-04-17\",\"2026-04-24\",\"2026-04-30\",\"2026-05-08\",\"2026-05-15\",\"2026-05-22\",\"2026-05-29\",\"2026-06-05\",\"2026-06-12\",\"2026-06-18\",\"2026-06-26\",\"2026-07-03\",\"2026-07-09\",\"2026-07-17\",\"2026-07-24\",\"2026-07-31\",\"2026-08-07\",\"2026-08-14\",\"2026-08-21\",\"2026-08-28\",\"2026-09-04\",\"2026-09-11\",\"2026-09-18\",\"2026-09-24\",\"2026-10-02\",\"2026-10-08\",\"2026-10-16\",\"2026-10-22\",\"2026-10-30\",\"2026-11-06\",\"2026-11-12\"],\"bands\":[{\"label\":\"9X\",\"values\":[65.1,65.1,65.1,65.1,65.1,65.1,65.1,65.1,71.28,71.28,71.28,71.28,71.28,71.28,71.28,71.28,71.28,71.28,67.93,67.93,73.47,73.47,73.47,73.47,73.47,73.47,73.47,73.47,73.47,73.47,73.47,73.47,73.47,83.39,83.39,83.39,83.39,83.39,83.39,83.39,83.39,83.39,83.39,83.39,83.39,83.39,89.79,89.79,89.79,89.79,89.79,89.79,89.79]},{\"label\":\"12.8X\",\"values\":[92.59,92.59,92.59,92.59,92.59,92.59,92.59,92.59,101.38,101.38,101.38,101.38,101.38,101.38,101.38,101.38,101.38,101.38,96.61,96.61,104.5,104.5,104.5,104.5,104.5,104.5,104.5,104.5,104.5,104.5,104.5,104.5,104.5,118.59,118.59,118.59,118.59,118.59,118.59,118.59,118.59,118.59,118.59,118.59,118.59,118.59,127.71,127.71,127.71,127.71,127.71,127.71,127.71]},{\"label\":\"16.6X\",\"values\":[120.08,120.08,120.08,120.08,120.08,120.08,120.08,120.08,131.47,131.47,131.47,131.47,131.47,131.47,131.47,131.47,131.47,131.47,125.29,125.29,135.52,135.52,135.52,135.52,135.52,135.52,135.52,135.52,135.52,135.52,135.52,135.52,135.52,153.8,153.8,153.8,153.8,153.8,153.8,153.8,153.8,153.8,153.8,153.8,153.8,153.8,165.62,165.62,165.62,165.62,165.62,165.62,165.62]},{\"label\":\"20.4X\",\"values\":[147.56,147.56,147.56,147.56,147.56,147.56,147.56,147.56,161.57,161.57,161.57,161.57,161.57,161.57,161.57,161.57,161.57,161.57,153.97,153.97,166.54,166.54,166.54,166.54,166.54,166.54,166.54,166.54,166.54,166.54,166.54,166.54,166.54,189.01,189.01,189.01,189.01,189.01,189.01,189.01,189.01,189.01,189.01,189.01,189.01,189.01,203.53,203.53,203.53,203.53,203.53,203.53,203.53]},{\"label\":\"24.2X\",\"values\":[175.05,175.05,175.05,175.05,175.05,175.05,175.05,175.05,191.67,191.67,191.67,191.67,191.67,191.67,191.67,191.67,191.67,191.67,182.65,182.65,197.56,197.56,197.56,197.56,197.56,197.56,197.56,197.56,197.56,197.56,197.56,197.56,197.56,224.22,224.22,224.22,224.22,224.22,224.22,224.22,224.22,224.22,224.22,224.22,224.22,224.22,241.44,241.44,241.44,241.44,241.44,241.44,241.44]},{\"label\":\"28X\",\"values\":[202.54,202.54,202.54,202.54,202.54,202.54,202.54,202.54,221.76,221.76,221.76,221.76,221.76,221.76,221.76,221.76,221.76,221.76,211.33,211.33,228.59,228.59,228.59,228.59,228.59,228.59,228.59,228.59,228.59,228.59,228.59,228.59,228.59,259.42,259.42,259.42,259.42,259.42,259.42,259.42,259.42,259.42,259.42,259.42,259.42,259.42,279.36,279.36,279.36,279.36,279.36,279.36,279.36]}],\"price\":{\"label\":\"\u80a1\u50f9\",\"values\":[176,174.5,166.5,167,157.5,157,161,160.5,158.5,156.5,153,153,143,147,144.5,152.5,137,144.5,143.5,134.5,122.5,141,146.5,145.5,145,149,140,158.5,159,161.5,144,145,137,149,142.5,127,130,131,151.5,146,142.5,163.5,178,164.5,167,167,166,168,166,155,144,125,131]}}","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>\u5efa\u6e96\u672a\u4f86\u5e7e\u5e74\u7684\u6210\u9577\u4e3b\u8981\u4f86\u81ea\u56db\u500b\u65b9\u5411\uff1aAI \u4f3a\u670d\u5668\u6c23\u51b7\u98a8\u6247\u3001\u5f9e\u6c34\u51b7\u677f\u5230 CDU \u7684\u6db2\u51b7\u7522\u54c1\u7dda\u3001\u7db2\u901a\u8207\u5927\u578b EC \u98a8\u6247\uff0c\u4ee5\u53ca\u83f2\u5f8b\u8cd3\u7522\u80fd\u64f4\u5145\uff1b\u6db2\u51b7\u8ca2\u737b\u7684\u5be6\u73fe\u901f\u5ea6\u8207\u65d7\u8266\u5e73\u53f0\u8f49\u5411\u5168\u6db2\u51b7\u7684\u67b6\u69cb\u8b8a\u5316\uff0c\u662f\u5916\u754c\u95dc\u6ce8\u7684\u95dc\u9375\u3002<\/strong><\/p>\n<h4>AI \u4f3a\u670d\u5668\u6c23\u51b7\u98a8\u6247<\/h4>\n<p>\u516c\u53f8\u5728\u5e74\u5831\u4e2d\u628a AI \u57fa\u790e\u5efa\u8a2d\u6295\u8cc7\u5217\u70ba\u4e3b\u8981\u52d5\u80fd\uff0c\u81ea\u8ff0\u4f3a\u670d\u5668\u6563\u71b1\u5168\u7403\u5e02\u5360\u7d04 20%\u3001\u6392\u540d\u524d\u4e09\u5927\uff0c\u662f DELL\u3001HPE \u8207 AWS\u3001Meta\u3001\u5fae\u8edf\u7684\u4e3b\u8981\u4f9b\u61c9\u5546\uff0c\u4e26\u628a 2026 \u5e74\u51fa\u8ca8\u76ee\u6a19\u8a02\u5728 1.4 \u5104\u53f0\uff082025 \u5e74\u5be6\u969b 1.33 \u5104\u53f0\uff09\u3002\u57f7\u884c\u526f\u7e3d\u5433\u6649\u8cdc\u5728 2025 \u5e74 11 \u6708\u6cd5\u8aaa\u6703\u8868\u793a\uff0cGB200 \u8207 GB300 \u5df2\u65bc 9 \u6708\u958b\u59cb\u51fa\u8ca8\uff0c\u7b2c\u4e09\u5b63\u4f3a\u670d\u5668\u4e8b\u696d\u5360\u71df\u6536 46.8%\uff0c\u5176\u4e2d GPU \u6bd4\u91cd\u7531 20% \u5347\u81f3 30%\u3001ASIC \u5360 70%\uff0c\u770b\u597d 2026 \u5e74\u5404\u4e8b\u696d\u7fa4\u90fd\u80fd\u6210\u9577\u30022026 \u5e74\u524d 10 \u6708\u71df\u6536 185.62 \u5104\u5143\u3001\u5e74\u589e 20.9%\uff0c\u516c\u53f8\u516c\u5e03\u524d\u4e09\u5b63\u6bcf\u80a1\u76c8\u9918 7.93 \u5143\u3002<\/p>\n<h4>\u6db2\u51b7\u7522\u54c1\u7dda<\/h4>\n<p>\u516c\u53f8 2026 \u5e74 4 \u6708\u628a\u4eca\u5e74\u5b9a\u4f4d\u70ba\u300c\u84c4\u52e2\u5f85\u767c\u300d\u5e74\uff0c\u660e\u793a\u6c34\u51b7\u662f\u95dc\u9375\u6210\u9577\u5f15\u64ce\uff1a\u6c34\u51b7\u677f\u5df2\u65bc\u7b2c\u4e00\u5b63\u9032\u5165\u91cf\u7522\u4e26\u5b8c\u6210\u9996\u6279\u4ea4\u8ca8\uff0cCDU \u4e0a\u534a\u5e74\u63a8 In-Rack\u3001\u4e0b\u534a\u5e74\u63a8 In-Row \u6a5f\u578b\uff0c\u6cf5\u6d66\u4e5f\u555f\u52d5\u81ea\u88fd\u958b\u767c\uff1b\u5ba2\u6236\u7b56\u7565\u5148\u9396\u5b9a\u4e00\u3001\u4e8c\u68af\u968a\u96f2\u7aef\u696d\u8005\u3001\u975e\u4e3b\u6d41 GPU \u8207\u4f01\u696d\u7d1a\u4f3a\u670d\u5668\uff0c\u907f\u958b\u7af6\u722d\u6700\u6fc0\u70c8\u7684\u5340\u584a\u3002\u6a5f\u69cb\u770b\u6cd5\u5206\u6b67\uff1a\u51f1\u57fa 8 \u6708\u7d66\u4e88\u300c\u589e\u52a0\u6301\u80a1\u300d\u3001\u76ee\u6a19\u50f9 182 \u5143\uff0c\u9810\u4f30 2026 \u5e74\u6bcf\u80a1\u76c8\u9918 11.21 \u5143\u30012027 \u5e74 13.10 \u5143\uff1b\u6469\u6839\u58eb\u4e39\u5229 4 \u6708\u5247\u7dad\u6301\u4e2d\u7acb\u4e26\u628a\u76ee\u6a19\u50f9\u8abf\u964d\u81f3 165 \u5143\uff0c\u7406\u7531\u662f\u4ecd\u5728\u7b49\u5f85\u6db2\u51b7\u96f6\u7d44\u4ef6\u5e36\u4f86\u66f4\u591a\u8ca2\u737b\u3002TrendForce 8 \u6708\u9810\u4f30 AI \u6676\u7247\u7684\u6db2\u51b7\u6ef2\u900f\u7387\u5c07\u7531 2025 \u5e74\u7d04 33% \u5347\u81f3 2026 \u5e74\u7d04 53%\u30012027 \u5e74\u903c\u8fd1 60%\u3002<\/p>\n<h4>\u7db2\u901a\u8207\u5927\u578b EC \u98a8\u6247<\/h4>\n<p>\u5e74\u5831\u81ea\u8ff0\u516c\u53f8\u662f\u5168\u7403\u7b2c\u4e00\u5927\u7db2\u8def\u8a2d\u5099\u5546\u7684\u4e3b\u8981\u4f9b\u61c9\u5546\uff0cFWA \u8207\u4e0b\u4e00\u4ee3 WiFi \u5347\u7d1a\u5c07\u63a8\u5347\u7db2\u901a\u6563\u71b1\u7522\u54c1\u5747\u50f9\uff1b\u516c\u53f8 4 \u6708\u8868\u793a 200mm \u98a8\u6247\u7246\u8207\u6a5f\u623f\u7528 EC \u5927\u578b\u98a8\u6247\u8a02\u55ae\u660e\u78ba\uff0c\u7522\u54c1\u61c9\u7528\u7531\u4f3a\u670d\u5668\u5167\u90e8\u5ef6\u4f38\u5230\u5efa\u7bc9\u901a\u98a8\u8207\u5009\u5132\u7a7a\u8abf\u7b49\u5834\u57df\u3002<\/p>\n<h4>\u83f2\u5f8b\u8cd3\u64f4\u7522<\/h4>\n<p>\u5e74\u5831\u628a\u64f4\u5efa\u83f2\u5f8b\u8cd3\u5ee0\u5217\u70ba\u56e0\u61c9\u5730\u7de3\u653f\u6cbb\u7684\u9996\u8981\u5c0d\u7b56\u3002\u5433\u6649\u8cdc\u5728 2025 \u5e74 11 \u6708\u6cd5\u8aaa\u6703\u8868\u793a\uff0c\u83f2\u5f8b\u8cd3\u81ea\u5efa\u5ee0\u5df2\u958b\u5de5\uff0c\u9810\u8a08 2026 \u5e74\u5e95\u5b8c\u5de5\u30012027 \u5e74\u7b2c\u4e00\u5b63\u6295\u7522\uff0c2026 \u5e74\u8cc7\u672c\u652f\u51fa\u56e0\u5de5\u7a0b\u6b3e\u4f30\u63d0\u5347\u81f3 12 \u5104\u5143\u3002<\/p>\n<h4>\u5e02\u5834\u95dc\u6ce8\u7684\u8b8a\u6578<\/h4>\n<p>\u6469\u6839\u58eb\u4e39\u5229\u5c0d\u6db2\u51b7\u8ca2\u737b\u6301\u89c0\u671b\u614b\u5ea6\uff0c\u7dad\u6301\u4e2d\u7acb\u8a55\u7b49\u4e26\u8abf\u964d\u76ee\u6a19\u50f9\u3002TrendForce \u6307\u51fa Vera Rubin \u5e73\u53f0\u5168\u9762\u63a1\u7121\u98a8\u6247\u7684\u5168\u6db2\u51b7\u8a2d\u8a08\uff0c\u6db2\u51b7\u6b63\u7531 GPU \u5ef6\u4f38\u81f3\u7db2\u5361\u8207\u914d\u96fb\u677f\uff0c\u4e14\u5176\u9ede\u540d\u7684\u6c34\u51b7\u677f\u4e3b\u8981\u4f9b\u61c9\u5546\u540d\u55ae\u672a\u5305\u542b\u5efa\u6e96\u2014\u2014\u6c23\u51b7\u672c\u696d\u8207\u6db2\u51b7\u65b0\u7522\u54c1\u7684\u6d88\u9577\uff0c\u662f\u9019\u5bb6\u516c\u53f8\u672a\u4f86\u5e7e\u5e74\u7684\u6838\u5fc3\u89c0\u5bdf\u9ede\u3002\u5e74\u5831\u5217\u51fa\u7684\u4e0d\u5229\u56e0\u7d20\u9084\u5305\u62ec\u7f8e\u570b\u95dc\u7a05\u3001\u540c\u696d\u524a\u50f9\u7af6\u722d\u8207\u4e2d\u570b\u5927\u9678\u4eba\u529b\u6210\u672c\u4e0a\u5347\u3002<\/p>\n","ifam_val_profit":"<p>\u5efa\u6e96\uff082421\uff09\u7684\u6210\u9577\u5728\u52a0\u901f\uff0c\u800c\u4e14\u6bdb\u5229\u7387\u540c\u6b65\u5f80\u4e0a\u3002<\/p>\n<p>\u76ee\u524d\u5e02\u5834\u666e\u904d\u9810\u4f30\uff0c2027 \u5e74\u5408\u4f75\u71df\u6536\u7d04 271.8 \u5104\u5143\u3001\u6bcf\u80a1\u76c8\u9918\u7d04 13.5 \u5143\u3002<\/p>\n<ul>\n<li><strong>\u8fd1\u4e09\u5e74\u7684\u5be6\u7e3e<\/strong>\uff1a\u5408\u4f75\u71df\u6536\u7531 2023 \u5e74\u7684 129.15 \u5104\u5143\u589e\u81f3 2024 \u5e74 146.24 \u5104\u5143\uff08\u5e74\u589e 13.2%\uff09\u30012025 \u5e74 186.78 \u5104\u5143\uff08\u5e74\u589e 27.7%\uff09\uff1b\u6bcf\u80a1\u76c8\u9918\u7531 5.07 \u5143\u589e\u81f3 7.93 \u5143\u3002<\/li>\n<li><strong>2026 \u5e74\u4e0a\u534a\u5e74\u7e8c\u5f37<\/strong>\uff1a\u71df\u6536 104.38 \u5104\u5143\u3001\u5e74\u589e 18.3%\uff0c\u6bcf\u80a1\u76c8\u9918 4.77 \u5143\uff08\u53bb\u5e74\u540c\u671f 3.09 \u5143\uff09\u3002\u6bdb\u5229\u7387 31.4%\u3001\u71df\u696d\u5229\u76ca\u7387 15.6%\uff0c\u90fd\u9ad8\u65bc 2025 \u5168\u5e74\u7684 31.1% \u8207 15.0%\u3002<\/li>\n<li><strong>2027 \u5e74\u7684\u9810\u4f30<\/strong>\uff1a\u71df\u6536\u7d04 271.8 \u5104\u5143\u3001\u6bcf\u80a1\u76c8\u9918\u7d04 13.5 \u5143\uff0c\u8f03 2025 \u5e74\u7684 7.93 \u5143\u9ad8\u51fa\u4e03\u6210\u4ee5\u4e0a\u3002<\/li>\n<\/ul>\n<p>\u5df2\u516c\u5e03\u7684\u5be6\u7e3e\uff1a2026 \u5e74 1\u20139 \u6708\u7d2f\u8a08\u5408\u4f75\u71df\u6536 165.81 \u5104\u5143\u3001\u5e74\u589e 20.5%\uff1b\u4e0a\u534a\u5e74\u5408\u4f75\u71df\u6536 104.38 \u5104\u5143\u3001\u6bcf\u80a1\u76c8\u9918 4.77 \u5143\uff08\u7b2c 1 \u5b63 2.36 \u5143\u3001\u7b2c 2 \u5b63 2.41 \u5143\uff09\u3002<\/p>\n","ifam_val_multiple":"","ifam_strategy_on":"1","ifam_trades":"{\"fileName\":\"\",\"source\":\"\u6bcf\u65e5\u81ea\u52d5\u66f4\u65b0\",\"sheet\":\"\u5efa\u6e96(2421)\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\",\"2025-11-04\",\"2025-12-17\",\"43\",\"167.50\",\"154.00\",\"-8.06%\",\"149.50\",\"153.00\",\"+2.34%\"],[\"2\",\"2025-12-29\",\"2026-01-16\",\"18\",\"161.00\",\"154.00\",\"-4.35%\",\"162.00\",\"153.00\",\"-5.56%\"],[\"3\",\"2026-01-22\",\"2026-01-23\",\"1\",\"154.50\",\"157.00\",\"+1.62%\",\"155.00\",\"153.00\",\"-1.29%\"]]},{\"title\":\"Trending Momentum Q30\",\"header\":[\"\u6b21\u6578\",\"\u9032\u5834\u65e5\u671f\",\"\u51fa\u5834\u65e5\u671f\",\"\u6301\u6709\u5929\u6578\",\"\u9032\u5834\u958b\u76e4\u50f9\",\"\u51fa\u5834\u958b\u76e4\u50f9\",\"\u958b\u76e4\u5831\u916c\",\"\u9032\u5834\u6536\u76e4\u50f9\",\"\u51fa\u5834\u6536\u76e4\u50f9\",\"\u6536\u76e4\u5831\u916c\"],\"returnCols\":[6,9],\"rows\":[[\"1\",\"2025-11-10\",\"2025-11-17\",\"7\",\"173.00\",\"177.50\",\"+2.60%\",\"176.50\",\"177.50\",\"+0.57%\"],[\"2\",\"2025-11-18\",\"2025-11-25\",\"7\",\"174.00\",\"173.00\",\"-0.57%\",\"178.50\",\"170.50\",\"-4.48%\"]]},{\"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\",\"2025-11-07\",\"2025-12-08\",\"31\",\"160.50\",\"165.00\",\"+2.80%\",\"168.50\",\"160.50\",\"-4.75%\"]]}],\"parsedAt\":\"2026-11-13T07:24:54.625Z\"}","ifam_valuation":"{\"matrix\":{\"corner\":\"\",\"title\":\"\",\"note\":\"\",\"columns\":[{\"order\":1,\"year\":\"2025(A)\",\"eps\":7.9,\"label\":\"2025(A)\uff1a7.9 \u5143\"},{\"order\":2,\"year\":\"2027(F)\",\"eps\":13.5,\"label\":\"2027(F)\uff1a13.5 \u5143\"}],\"rows\":[{\"order\":1,\"pe\":134,\"peLabel\":\"134 \u5143\",\"desc\":\"2026-11-13\",\"cells\":[{\"order\":1,\"price\":16.962025316455694,\"text\":\"17.0 \u500d\",\"hl\":false},{\"order\":2,\"price\":9.925925925925926,\"text\":\"9.9 \u500d\",\"hl\":false}]}]}}","ifam_val_range":"<p>\u76ee\u524d\u5efa\u6e96\u80a1\u50f9\u7d04\u5728 130\u2013140 \u5143\uff082026\/11\/13 \u6536\u76e4\u50f9 134 \u5143\uff09\uff0c\u7d04\u70ba 2027E EPS 13.5 \u5143\u7684 10 \u500d\u3002<\/p>\n","footnotes":""},"categories":[8],"tags":[],"ifam_industry":[12],"ifam_strategy":[],"class_list":["post-697","post","type-post","status-publish","format-standard","hentry","category-stock","ifam_industry-electronic-components"],"_links":{"self":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/697","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=697"}],"version-history":[{"count":1,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/697\/revisions"}],"predecessor-version":[{"id":710,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/697\/revisions\/710"}],"wp:attachment":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/media?parent=697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/categories?post=697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/tags?post=697"},{"taxonomy":"ifam_industry","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_industry?post=697"},{"taxonomy":"ifam_strategy","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_strategy?post=697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}