{"id":702,"date":"2026-11-03T16:59:08","date_gmt":"2026-11-03T08:59:08","guid":{"rendered":"https:\/\/ifa.ai\/research\/3090tt\/"},"modified":"2026-11-13T21:49:35","modified_gmt":"2026-11-13T13:49:35","slug":"3090tt","status":"publish","type":"post","link":"https:\/\/ifa.ai\/research\/3090tt\/","title":{"rendered":"[\u65e5\u96fb\u8cbf (3090)] \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\u65e5\u96fb\u8cbf"},"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":"3090","ifam_company":"\u65e5\u96fb\u8cbf","ifam_market":"\u53f0\u80a1","ifam_updated_at":"","ifam_business":"<p><strong>\u65e5\u96fb\u8cbf\uff083090\uff09\u4e3b\u8981\u7684\u71df\u6536\u4f86\u6e90\u662f\u96fb\u5b50\u96f6\u7d44\u4ef6\u7684\u9032\u51fa\u53e3\u8cbf\u6613\u2014\u2014\u4ee3\u7406\u570b\u5916\u539f\u5ee0\u7684\u96f6\u7d44\u4ef6\uff0c\u92b7\u552e\u7d66\u53f0\u7063\u8207\u6d77\u5916\u7684\u88fd\u9020\u696d\u5ba2\u6236\u3002<\/strong><\/p>\n<p>\u516c\u53f8 1993 \u5e74\u8a2d\u7acb\u65bc\u65b0\u5317\u5e02\uff0c2007 \u5e74\u4e0a\u5e02\uff0c\u4e3b\u8981\u5f9e\u4e8b\u96fb\u5b50\u96f6\u7d44\u4ef6\u4e4b\u9032\u51fa\u53e3\u8cbf\u6613\u696d\u52d9\u3002\u8ca1\u5831\u53ea\u4f9d\u4e3b\u8981\u71df\u904b\u5730\u5340\u63ed\u9732\u5169\u500b\u61c9\u5831\u5c0e\u90e8\u9580\uff1a2026 \u5e74\u4e0a\u534a\u5e74\u4f86\u81ea\u5916\u90e8\u5ba2\u6236\u6536\u5165\u70ba\u53f0\u7063\u5730\u5340 91.78 \u5104\u5143\uff0895.1%\uff09\u3001\u5176\u4ed6\u5730\u5340 4.68 \u5104\u5143\uff084.9%\uff09\uff0c\u6c92\u6709\u7522\u54c1\u5225\u6216\u5ba2\u6236\u5225\u7684\u62c6\u5206\uff0c\u6240\u4ee5\u672c\u9801\u7684\u71df\u6536\u62c6\u5206\u8868\u7559\u7a7a\u3002<\/p>\n<p>\u6210\u9577\u5e45\u5ea6\u4e0d\u5c0f\uff1a\u5408\u4f75\u71df\u6536\u7531 2023 \u5e74\u7684 106.56 \u5104\u5143\u589e\u81f3 2025 \u5e74\u7684 157.28 \u5104\u5143\uff0c2026 \u5e74\u4e0a\u534a\u5e74 96.46 \u5104\u5143\u3001\u5e74\u589e 22.7%\uff1b\u6bcf\u80a1\u76c8\u9918\u7531 3.33 \u5143\u589e\u81f3 5.41 \u5143\uff0c2026 \u5e74\u4e0a\u534a\u5e74 4.84 \u5143\u3002<strong>\u6bdb\u5229\u7387\u53ea\u6709\u4e00\u6210\u4e0a\u4e0b<\/strong>\uff082025 \u5e74 16.4%\uff09\u2014\u2014\u9019\u662f\u901a\u8def\u5546\u7684\u5178\u578b\u7d50\u69cb\uff0c\u7372\u5229\u9760\u7684\u662f\u5468\u8f49\u800c\u975e\u50f9\u5dee\u3002<\/p>\n<p>\u65e5\u96fb\u8cbf\u7684\u7af6\u722d\u512a\u52e2\u5728\u65bc\u4ee3\u7406\u6b0a\u8207\u6280\u8853\u652f\u63f4\u3002\u96f6\u7d44\u4ef6\u4ee3\u7406\u7684\u9580\u6abb\u4e0d\u5728\u8cc7\u91d1\uff0c\u800c\u5728\u539f\u5ee0\u7684\u6388\u6b0a\u8207\u5728\u5730\u7684\u61c9\u7528\u5de5\u7a0b\u80fd\u529b\uff1a\u539f\u5ee0\u8981\u7684\u662f\u80fd\u5e6b\u5ba2\u6236\u9078\u6599\u3001\u505a\u8a2d\u8a08\u5c0e\u5165\u8207\u5eab\u5b58\u8abf\u5ea6\u7684\u5925\u4f34\uff0c\u4e00\u65e6\u4ee3\u7406\u95dc\u4fc2\u8207\u5ba2\u6236\u8a2d\u8a08\u7d81\u5b9a\uff0c\u77ed\u671f\u4e0d\u6613\u66ff\u63db\u3002\u76f8\u5c0d\u5730\uff0c\u4ee3\u7406\u5546\u7684\u8b70\u50f9\u80fd\u529b\u5169\u7aef\u90fd\u53d7\u9650\uff0c\u6bdb\u5229\u7387\u5929\u751f\u504f\u4f4e\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\",\"17,524\",\"13,273\",\"10,134\"],[\"12\u6708\",\"\uff0d\",\"1,171\",\"895\"],[\"11\u6708\",\"\uff0d\",\"1,283\",\"1,112\"],[\"10\u6708\",\"2,017\",\"1,361\",\"1,147\"],[\"9\u6708\",\"1,853\",\"1,411\",\"1,063\"],[\"8\u6708\",\"1,913\",\"1,382\",\"1,125\"],[\"7\u6708\",\"2,095\",\"1,257\",\"1,106\"],[\"6\u6708\",\"1,681\",\"1,270\",\"890\"],[\"5\u6708\",\"1,629\",\"1,358\",\"1,000\"],[\"4\u6708\",\"1,843\",\"1,438\",\"949\"],[\"3\u6708\",\"1,561\",\"1,164\",\"931\"],[\"2\u6708\",\"1,325\",\"1,211\",\"714\"],[\"1\u6708\",\"1,607\",\"1,421\",\"1,210\"]]},{\"key\":\"quarter\",\"label\":\"\u5b63\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026Q3\",\"2026Q2\",\"2026Q1\",\"2025Q4\",\"2025Q3\",\"2025Q2\",\"2025Q1\",\"2024Q4\"],\"rows\":[[\"\u71df\u6536\",\"5,861\",\"5,154\",\"4,492\",\"3,815\",\"4,050\",\"4,066\",\"3,796\",\"3,154\"],[\"\u5e74\u589e\u7387\",\"+44.7%\",\"+26.7%\",\"+18.4%\",\"+21.0%\",\"+23.0%\",\"+43.2%\",\"+33.0%\",\"+18.7%\"],[\"\u5b63\u589e\u7387\",\"+13.7%\",\"+14.7%\",\"+17.7%\",\"-5.8%\",\"-0.4%\",\"+7.1%\",\"+20.4%\",\"-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\",\"9,646\",\"7,866\",\"7,862\",\"6,448\",\"5,693\",\"5,537\"],[\"\u5e74\u589e\u7387\",\"+22.7%\",\"+22.0%\",\"+38.1%\",\"+16.5%\",\"+11.2%\",\"+23.4%\"],[\"\u534a\u5e74\u589e\u7387\",\"+22.6%\",\"+0.0%\",\"+21.9%\",\"+13.2%\",\"+2.8%\",\"+8.2%\"]]},{\"key\":\"year\",\"label\":\"\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026 (1~10\u6708)\",\"2025\",\"2024\"],\"rows\":[[\"\u71df\u6536\",\"17,524\",\"15,728\",\"12,141\"],[\"\u5e74\u589e\u7387\",\"+32.0%\",\"+29.5%\",\"+13.9%\"]]}]}","ifam_income_tabs":"{\"note\":\"\u55ae\u4f4d\uff1a\u65b0\u53f0\u5e63\u767e\u842c\u5143\uff0c\u6bcf\u80a1\u76c8\u9918\u70ba\u5143\uff1b\u7a05\u5f8c\u6de8\u5229\u8207\u6de8\u5229\u7387\u63a1\u6b78\u5c6c\u6bcd\u516c\u53f8\u696d\u4e3b\u6de8\u5229\u30022026 \u5e74\u50c5\u81f3 Q3\u3002\",\"default\":1,\"tabs\":[{\"key\":\"Q4\",\"label\":\"Q4\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff0810~12\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"\uff0d\",\"3,815\",\"3,154\",\"2,657\",\"2,397\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"684\",\"425\",\"374\",\"395\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"412\",\"212\",\"198\",\"210\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"367\",\"207\",\"103\",\"135\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"1.26\",\"0.97\",\"0.48\",\"0.43\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"17.9%\",\"13.5%\",\"14.1%\",\"16.5%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"10.8%\",\"6.7%\",\"7.4%\",\"8.8%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"9.6%\",\"6.6%\",\"3.9%\",\"5.6%\"]]},{\"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\",\"15,728\",\"12,141\",\"10,656\",\"10,441\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"2,586\",\"1,947\",\"1,642\",\"1,780\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"1,588\",\"1,115\",\"873\",\"892\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"1,253\",\"947\",\"706\",\"1,488\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"5.41\",\"4.46\",\"3.33\",\"7.89\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"16.4%\",\"16.0%\",\"15.4%\",\"17.1%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"10.1%\",\"9.2%\",\"8.2%\",\"8.5%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"8.0%\",\"7.8%\",\"6.6%\",\"14.3%\"]]}]},{\"key\":\"Q3\",\"label\":\"Q3\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff087~9\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"5,861\",\"4,050\",\"3,294\",\"2,879\",\"2,445\"],[\"\u71df\u696d\u6bdb\u5229\",\"1,238\",\"647\",\"547\",\"460\",\"402\"],[\"\u71df\u696d\u5229\u76ca\",\"868\",\"378\",\"345\",\"257\",\"115\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"707\",\"417\",\"260\",\"267\",\"816\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"2.46\",\"1.95\",\"1.22\",\"1.26\",\"4.50\"],[\"\u6bdb\u5229\u7387\",\"21.1%\",\"16.0%\",\"16.6%\",\"16.0%\",\"16.4%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"14.8%\",\"9.3%\",\"10.5%\",\"8.9%\",\"4.7%\"],[\"\u6de8\u5229\u7387\",\"12.1%\",\"10.3%\",\"7.9%\",\"9.3%\",\"33.4%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~9\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"15,507\",\"11,912\",\"8,987\",\"7,998\",\"8,044\"],[\"\u71df\u696d\u6bdb\u5229\",\"3,062\",\"1,902\",\"1,522\",\"1,269\",\"1,386\"],[\"\u71df\u696d\u5229\u76ca\",\"2,037\",\"1,176\",\"903\",\"676\",\"683\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"2,095\",\"886\",\"740\",\"603\",\"1,353\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"7.29\",\"4.15\",\"3.49\",\"2.85\",\"7.46\"],[\"\u6bdb\u5229\u7387\",\"19.7%\",\"16.0%\",\"16.9%\",\"15.9%\",\"17.2%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"13.1%\",\"9.9%\",\"10.0%\",\"8.4%\",\"8.5%\"],[\"\u6de8\u5229\u7387\",\"13.5%\",\"7.4%\",\"8.2%\",\"7.5%\",\"16.8%\"]]}]},{\"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\",\"5,154\",\"4,066\",\"2,839\",\"2,558\",\"2,895\"],[\"\u71df\u696d\u6bdb\u5229\",\"932\",\"589\",\"480\",\"413\",\"557\"],[\"\u71df\u696d\u5229\u76ca\",\"571\",\"367\",\"268\",\"216\",\"314\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"909\",\"119\",\"222\",\"186\",\"249\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"3.17\",\"0.56\",\"1.05\",\"0.88\",\"1.39\"],[\"\u6bdb\u5229\u7387\",\"18.1%\",\"14.5%\",\"16.9%\",\"16.2%\",\"19.2%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"11.1%\",\"9.0%\",\"9.4%\",\"8.4%\",\"10.8%\"],[\"\u6de8\u5229\u7387\",\"17.6%\",\"2.9%\",\"7.8%\",\"7.3%\",\"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\",\"9,646\",\"7,862\",\"5,693\",\"5,119\",\"5,953\"],[\"\u71df\u696d\u6bdb\u5229\",\"1,824\",\"1,255\",\"975\",\"808\",\"1,151\"],[\"\u71df\u696d\u5229\u76ca\",\"1,169\",\"797\",\"558\",\"419\",\"661\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"1,388\",\"469\",\"481\",\"336\",\"537\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"4.84\",\"2.20\",\"2.27\",\"1.59\",\"2.98\"],[\"\u6bdb\u5229\u7387\",\"18.9%\",\"16.0%\",\"17.1%\",\"15.8%\",\"19.3%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"12.1%\",\"10.1%\",\"9.8%\",\"8.2%\",\"11.1%\"],[\"\u6de8\u5229\u7387\",\"14.4%\",\"6.0%\",\"8.4%\",\"6.6%\",\"9.0%\"]]}]},{\"key\":\"Q1\",\"label\":\"Q1\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff081~3\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"4,492\",\"3,796\",\"2,855\",\"2,561\",\"3,058\"],[\"\u71df\u696d\u6bdb\u5229\",\"892\",\"666\",\"495\",\"395\",\"593\"],[\"\u71df\u696d\u5229\u76ca\",\"598\",\"430\",\"290\",\"203\",\"347\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"480\",\"350\",\"258\",\"150\",\"287\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"1.68\",\"1.64\",\"1.22\",\"0.71\",\"1.59\"],[\"\u6bdb\u5229\u7387\",\"19.8%\",\"17.5%\",\"17.4%\",\"15.4%\",\"19.4%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"13.3%\",\"11.3%\",\"10.2%\",\"7.9%\",\"11.3%\"],[\"\u6de8\u5229\u7387\",\"10.7%\",\"9.2%\",\"9.1%\",\"5.9%\",\"9.4%\"]]}]}]}","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\",\"21.1%\",\"18.1%\",\"19.8%\",\"17.9%\",\"16.0%\",\"14.5%\",\"17.5%\",\"13.5%\"],[\"\u6de8\u5229\u7387\",\"12.1%\",\"17.6%\",\"10.7%\",\"9.6%\",\"10.3%\",\"2.9%\",\"9.2%\",\"6.6%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"17.9%\",\"14.3%\",\"15.7%\",\"16.7%\",\"21.4%\",\"20.7%\",\"24.3%\",\"16.1%\"],[\"ROCE*\",\"20.1%\",\"23.3%\",\"16.3%\",\"18.8%\",\"31.3%\",\"12.1%\",\"29.2%\",\"17.5%\"]]},{\"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\",\"+44.7%\",\"+26.7%\",\"+18.4%\",\"+21.0%\",\"+23.0%\",\"+43.2%\",\"+33.0%\",\"+18.7%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+69.5%\",\"+643.3%\",\"+38.7%\",\"+78.0%\",\"+61.0%\",\"-45.5%\",\"+33.9%\",\"+99.7%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-45.8%\",\"-1081.2%\",\"-29.8%\",\"+302.8%\",\"-46.6%\",\"+155.4%\",\"-42.7%\",\"-118.2%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-45.8%\",\"-1102.5%\",\"-28.8%\",\"+283.5%\",\"-47.2%\",\"+154.1%\",\"-43.9%\",\"-118.3%\"]]},{\"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\",\"111.1\",\"111.4\",\"112.4\",\"130.4\",\"118.0\",\"107.7\",\"107.9\",\"120.1\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"76.2\",\"65.8\",\"76.5\",\"77.6\",\"56.5\",\"55.0\",\"68.2\",\"76.7\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"37.3\",\"33.4\",\"41.1\",\"45.8\",\"35.3\",\"32.5\",\"37.4\",\"40.5\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"150.1\",\"143.7\",\"147.8\",\"162.2\",\"139.2\",\"130.2\",\"138.8\",\"156.3\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.55\",\"1.56\",\"1.47\",\"1.71\",\"1.75\",\"1.94\",\"1.90\",\"2.24\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.05\",\"1.17\",\"1.06\",\"1.20\",\"1.32\",\"1.55\",\"1.45\",\"1.64\"]]}]},{\"key\":\"year\",\"label\":\"\u5e74\u5ea6\",\"tables\":[{\"title\":\"\u7372\u5229\u80fd\u529b\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u6bdb\u5229\u7387\",\"16.4%\",\"16.0%\",\"15.4%\",\"17.1%\",\"18.5%\"],[\"\u6de8\u5229\u7387\",\"8.0%\",\"7.8%\",\"6.6%\",\"14.3%\",\"7.5%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"16.7%\",\"19.2%\",\"17.5%\",\"19.5%\",\"24.2%\"],[\"ROCE*\",\"16.4%\",\"19.9%\",\"15.2%\",\"18.0%\",\"24.1%\"]]},{\"title\":\"\u6210\u9577\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"+29.5%\",\"+13.9%\",\"+2.1%\",\"-4.3%\",\"+18.1%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+32.2%\",\"+34.0%\",\"-53.5%\",\"+76.5%\",\"+40.0%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+157.3%\",\"-116.3%\",\"+0.6%\",\"+3364.8%\",\"-94.1%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+135.1%\",\"-116.8%\",\"+0.7%\",\"+5943.2%\",\"-96.5%\"]]},{\"title\":\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"111.2\",\"113.5\",\"108.5\",\"111.5\",\"102.1\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"76.8\",\"78.7\",\"86.1\",\"100.3\",\"83.4\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"41.6\",\"40.6\",\"37.9\",\"43.1\",\"45.7\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"146.4\",\"151.6\",\"156.7\",\"168.8\",\"139.8\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.71\",\"2.24\",\"2.71\",\"3.11\",\"1.96\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.20\",\"1.64\",\"2.06\",\"2.23\",\"1.32\"]]}]}]}","ifam_chips":"{\"date\":\"2026-11-12\",\"label\":\"11\/12\u7576\u65e5\",\"volume_lot\":\"2,726\",\"avg_price\":\"137.84\",\"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 137.84 \u5143\u63a8\u7b97\uff1b\u7576\u65e5\u7e3d\u6210\u4ea4\u91cf 2,726 \u5f35\u3002\",\"groups\":[{\"name\":\"\u5916\u8cc7\",\"dir\":\"down\",\"streak\":\"\u90232\u8cb7\u2192\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"804\",\"1,062\",\"-258\"],[\"\u91d1\u984d(\u5143)\",\"1.1\u5104\",\"1.5\u5104\",\"-3,551\u842c\"],[\"\u5747\u50f9(\u5143)\",\"137.84\",\"137.84\",\"137.84\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"29.5%\",\"39.0%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u6295\u4fe1\",\"dir\":\"\",\"streak\":\"\",\"rows\":[[\"\u5f35\u6578\",\"0\",\"0\",\"+0\"],[\"\u91d1\u984d(\u5143)\",\"0\u842c\",\"0\u842c\",\"0\u842c\"],[\"\u5747\u50f9(\u5143)\",\"137.84\",\"137.84\",\"137.84\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"0.0%\",\"0.0%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u81ea\u71df\u5546\",\"dir\":\"down\",\"streak\":\"\u90231\u8cb7\u2192\u90232\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"39\",\"53\",\"-14\"],[\"\u91d1\u984d(\u5143)\",\"543\u842c\",\"733\u842c\",\"-191\u842c\"],[\"\u5747\u50f9(\u5143)\",\"137.84\",\"137.84\",\"137.84\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"1.4%\",\"2.0%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u4e09\u5927\u6cd5\u4eba\",\"dir\":\"down\",\"streak\":\"\u90232\u8cb7\u2192\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"844\",\"1,115\",\"-271\"],[\"\u91d1\u984d(\u5143)\",\"1.2\u5104\",\"1.5\u5104\",\"-3,742\u842c\"],[\"\u5747\u50f9(\u5143)\",\"137.84\",\"137.84\",\"137.84\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"31.0%\",\"40.9%\",\"\u4e0d\u9069\u7528\"]]}]}","ifam_candle":"{\"date\":\"2026-11-13\",\"label\":\"11\/13\",\"today\":[{\"rule\":\"2-6\",\"name\":\"\u7a7a\u982d\u541e\u566c\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u7a7a\u982d\u541e\u566c\uff0c\u4f46\u7576\u65e5\u6c92\u6709\u7e7c\u7e8c\u6536\u4f4e\u3002\u53ef\u80fd\u53ea\u662f\u55ae\u65e5\u56de\u6a94\uff0c\u80a1\u50f9\u65b9\u5411\u4ecd\u4e0d\u660e\u6717\u3002\",\"dir_label\":\"\u65b9\u5411\u672a\u660e\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\",\"what\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u7a7a\u982d\u541e\u566c\uff0c\u4f46\u7576\u65e5\u6c92\u6709\u7e7c\u7e8c\u6536\u4f4e\u3002\",\"mean\":\"\u53ef\u80fd\u53ea\u662f\u55ae\u65e5\u56de\u6a94\uff0c\u80a1\u50f9\u65b9\u5411\u4ecd\u4e0d\u660e\u6717\u3002\",\"third_label\":\"\u4f55\u6642\u5931\u6548\",\"third\":\"\u6536\u76e4\u7a81\u7834\u541e\u566cK\u7684\u9ad8\u9ede\u6642\uff0c\u5148\u524d\u7684\u541e\u566c\u8a0a\u865f\u5931\u6548\u3002\",\"k\":[{\"d\":\"11\/11\",\"tag\":\"\u7d05K\",\"hi\":8,\"lo\":66.4,\"top\":33,\"bot\":45.6,\"col\":\"up\"},{\"d\":\"11\/12\",\"tag\":\"\u541e\u566c\",\"hi\":16.3,\"lo\":104,\"top\":24.7,\"bot\":95.7,\"col\":\"down\"},{\"d\":\"11\/13\",\"tag\":\"\u672a\u78ba\u8a8d\",\"hi\":41.4,\"lo\":79,\"top\":66.4,\"bot\":66.4,\"col\":\"flat\"}]}],\"recent\":[{\"rule\":\"2-4\",\"name\":\"\u7a7a\u982d\u541e\u566c\",\"level\":\"\u9810\u8b66\",\"dir\":\"down\",\"text\":\"\u80a1\u50f9\u4e0a\u6f32\u4e00\u6bb5\u5f8c\uff0c\u7576\u65e5\u9ed1K\u7684\u5be6\u9ad4\u628a\u524d\u4e00\u65e5\u7684\u7d05K\u6574\u6839\u5305\u4f4f\u3002\u8ce3\u65b9\u55ae\u65e5\u7684\u529b\u9053\u660e\u986f\u8f49\u5f37\uff0c\u53ef\u80fd\u662f\u8f49\u6298\u7684\u8d77\u9ede\uff0c\u4f46\u9084\u9700\u8981\u78ba\u8a8d\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u7531\u6f32\u8f49\u8dcc\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"11\/12\",\"dir_word\":\"\u504f\u7a7a\"},{\"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\":\"11\/05\",\"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\":\"11\/04\",\"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\":\"11\/03\",\"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\":\"11\/02\",\"dir_word\":\"\u504f\u591a\"},{\"rule\":\"1-5\",\"name\":\"\u4e09\u5167\u90e8\u4e0b\u8dcc\",\"level\":\"\u5df2\u78ba\u8a8d\",\"dir\":\"down\",\"text\":\"\u7a7a\u982d\u6bcd\u5b50\u7dda\u51fa\u73fe\u5f8c\uff0c\u9694\u65e5\u518d\u6536\u4e00\u6839\u66f4\u4f4e\u7684\u9ed1K\u3002\u8ce3\u65b9\u8ddf\u8457\u51fa\u5834\uff0c\u5148\u524d\u7684\u8f49\u5f31\u8a0a\u865f\u7372\u5f97\u78ba\u8a8d\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u4e0b\u8dcc\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"10\/30\",\"dir_word\":\"\u504f\u7a7a\"},{\"rule\":\"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\/29\",\"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\":[\"172\",\"9\"]},{\"k\":\"\u8ce3\u51fa\",\"v\":[\"163\",\"3\"]},{\"k\":\"\u73fe\u511f\",\"v\":[\"2\",\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"+7\",\"-6\"],\"t\":[\"up\",\"down\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"6,023\",\"38\"]},{\"k\":\"\u4f7f\u7528\u7387\",\"v\":[\"8.4%\",\"0.1%\"]},{\"k\":\"\u9023\u589e\u9023\u6e1b\",\"v\":[\"\u90232\u6e1b\u2192\u589e\",\"\u589e\u2192\u6e1b\"],\"t\":[\"up\",\"down\"]},{\"k\":\"\u8cc7\u5238\u4e92\u62b5\",\"v\":[\"\",\"1\"]},{\"k\":\"\u8cc7\u5238\u7576\u6c96\",\"v\":[\"\",\"0.0%\"]},{\"k\":\"\u5238\u8cc7\u6bd4\",\"v\":[\"\",\"0.6%\"]}]},{\"head\":[\"11\/12\u7576\u65e5\",\"\u501f\u5238\u8ce3\u51fa(\u5f35)\"],\"rows\":[{\"k\":\"\u8ce3\u51fa\",\"v\":[\"98\"]},{\"k\":\"\u9084\u5238\",\"v\":[\"276\"]},{\"k\":\"\u8abf\u6574\",\"v\":[\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"-178\"],\"t\":[\"down\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"15,396\"]},{\"k\":\"\u6b21\u65e5\u9650\u984d\",\"v\":[\"199\"]}]}],\"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\",\"12,141\",\"15,728\",\"\",\"\",\"\"],[\"\u71df\u696d\u6bdb\u5229\",\"1,947\",\"2,586\",\"\",\"\",\"\"],[\"\u71df\u696d\u5229\u76ca\",\"1,115\",\"1,588\",\"\",\"\",\"\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"947\",\"1,253\",\"\",\"\",\"\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"4.46\",\"5.41\",\"\",\"\",\"\"],[\"\u6bdb\u5229\u7387\",\"16.0%\",\"16.4%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u7387\",\"7.8%\",\"8.0%\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u589e\u7387 (YoY,%)\",\"13.9%\",\"29.5%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u5e74\u589e\u7387 (YoY,%)\",\"34.0%\",\"32.3%\",\"\",\"\",\"\"]],\"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) 4.52\u30012025 (A) 5.48\u30012025 Q2 0.56\u30012025 Q3 1.97\u30012025 Q4 1.27\u30012026 Q1 1.70\u30012026 Q2 3.21\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\",\"4,066\",\"4,050\",\"3,815\",\"4,492\",\"5,154\"],[\"\u71df\u696d\u6bdb\u5229\",\"589\",\"647\",\"684\",\"892\",\"932\"],[\"\u71df\u696d\u5229\u76ca\",\"367\",\"378\",\"412\",\"598\",\"571\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"119\",\"417\",\"367\",\"480\",\"909\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"0.56\",\"1.95\",\"1.26\",\"1.68\",\"3.17\"]],\"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\",\"14.5%\",\"16.0%\",\"17.9%\",\"19.8%\",\"18.1%\"],[\"\u6de8\u5229\u7387\",\"2.9%\",\"10.3%\",\"9.6%\",\"10.7%\",\"17.6%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"20.7%\",\"21.4%\",\"16.7%\",\"15.7%\",\"14.3%\"],[\"ROCE*\",\"12.1%\",\"31.3%\",\"18.8%\",\"16.3%\",\"23.3%\"],[\"\u6210\u9577\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"+43.2%\",\"+23.0%\",\"+21.0%\",\"+18.4%\",\"+26.7%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"-45.5%\",\"+61.0%\",\"+78.0%\",\"+38.7%\",\"+643.3%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+155.4%\",\"-46.6%\",\"+302.8%\",\"-29.8%\",\"-1081.2%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+154.1%\",\"-47.2%\",\"+283.5%\",\"-28.8%\",\"-1102.5%\"],[\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"107.7\",\"118.0\",\"130.4\",\"112.4\",\"111.4\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"55.0\",\"56.5\",\"77.6\",\"76.5\",\"65.8\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"32.5\",\"35.3\",\"45.8\",\"41.1\",\"33.4\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"130.2\",\"139.2\",\"162.2\",\"147.8\",\"143.7\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.94\",\"1.75\",\"1.71\",\"1.47\",\"1.56\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.55\",\"1.32\",\"1.20\",\"1.06\",\"1.17\"]],\"notes\":[]}]","ifam_fin_note":"","ifam_metrics_note":"","ifam_price":"{\"symbol\":\"3090\",\"name\":\"\u65e5\u96fb\u8cbf\",\"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\":136,\"open\":136,\"high\":139,\"low\":134.5,\"prev_close\":132.5,\"change\":3.5,\"change_pct\":2.64,\"range\":4.5,\"amount\":\"2.99 \u5104\u5143\",\"volume\":2183,\"avg_volume_3m\":6695,\"market_cap\":\"391.1 \u5104\u5143\",\"shares\":\"2.88 \u5104\u80a1\"},\"annual\":[{\"year\":2026,\"pct\":40.34,\"ytd\":true},{\"year\":2025,\"pct\":49.06},{\"year\":2024,\"pct\":26.25},{\"year\":2023,\"pct\":21.75},{\"year\":2022,\"pct\":6.34},{\"year\":2021,\"pct\":13.56},{\"year\":2020,\"pct\":1.09},{\"year\":2019,\"pct\":12.51},{\"year\":2018,\"pct\":64.45},{\"year\":2017,\"pct\":55.9}],\"series\":[[\"2025-11-13\",92.08],[\"2025-11-14\",89.03],[\"2025-11-17\",81.74],[\"2025-11-18\",79.97],[\"2025-11-19\",80.75],[\"2025-11-20\",83.02],[\"2025-11-21\",81.74],[\"2025-11-24\",82.43],[\"2025-11-25\",82.72],[\"2025-11-26\",84.2],[\"2025-11-27\",87.45],[\"2025-11-28\",87.55],[\"2025-12-01\",85.19],[\"2025-12-02\",84.69],[\"2025-12-03\",87.06],[\"2025-12-04\",85.68],[\"2025-12-05\",86.27],[\"2025-12-08\",89.72],[\"2025-12-09\",92.67],[\"2025-12-10\",97.79],[\"2025-12-11\",104.39],[\"2025-12-12\",102.91],[\"2025-12-15\",96.51],[\"2025-12-16\",92.87],[\"2025-12-17\",94.44],[\"2025-12-18\",92.18],[\"2025-12-19\",93.16],[\"2025-12-22\",93.26],[\"2025-12-23\",93.26],[\"2025-12-24\",91.88],[\"2025-12-26\",92.08],[\"2025-12-29\",91.69],[\"2025-12-30\",92.28],[\"2025-12-31\",96.91],[\"2026-01-02\",106.36],[\"2026-01-05\",99.96],[\"2026-01-06\",106.36],[\"2026-01-07\",103.41],[\"2026-01-08\",98.19],[\"2026-01-09\",99.47],[\"2026-01-12\",99.96],[\"2026-01-13\",100.94],[\"2026-01-14\",101.44],[\"2026-01-15\",100.45],[\"2026-01-16\",98.97],[\"2026-01-19\",102.42],[\"2026-01-20\",99.96],[\"2026-01-21\",97.99],[\"2026-01-22\",99.96],[\"2026-01-23\",99.96],[\"2026-01-26\",97.99],[\"2026-01-27\",97.5],[\"2026-01-28\",95.13],[\"2026-01-29\",93.06],[\"2026-01-30\",91.09],[\"2026-02-02\",87.45],[\"2026-02-03\",89.03],[\"2026-02-04\",89.22],[\"2026-02-05\",91.09],[\"2026-02-06\",90.11],[\"2026-02-09\",91.19],[\"2026-02-10\",90.31],[\"2026-02-11\",91.49],[\"2026-02-23\",96.61],[\"2026-02-24\",99.47],[\"2026-02-25\",100.94],[\"2026-02-26\",98.19],[\"2026-03-02\",95.23],[\"2026-03-03\",92.67],[\"2026-03-04\",87.85],[\"2026-03-05\",91.69],[\"2026-03-06\",91.19],[\"2026-03-09\",86.76],[\"2026-03-10\",89.62],[\"2026-03-11\",91.09],[\"2026-03-12\",88.63],[\"2026-03-13\",91],[\"2026-03-16\",92.77],[\"2026-03-17\",98.48],[\"2026-03-18\",97.99],[\"2026-03-19\",97.89],[\"2026-03-20\",93.85],[\"2026-03-23\",91.59],[\"2026-03-24\",89.91],[\"2026-03-25\",92.18],[\"2026-03-26\",91.09],[\"2026-03-27\",94.84],[\"2026-03-30\",92.08],[\"2026-03-31\",89.13],[\"2026-04-01\",91.09],[\"2026-04-02\",89.32],[\"2026-04-07\",89.62],[\"2026-04-08\",92.87],[\"2026-04-09\",98.38],[\"2026-04-10\",98.48],[\"2026-04-13\",101.93],[\"2026-04-14\",104.88],[\"2026-04-15\",105.37],[\"2026-04-16\",106.85],[\"2026-04-17\",106.85],[\"2026-04-20\",107.34],[\"2026-04-21\",106.36],[\"2026-04-22\",103.9],[\"2026-04-23\",97],[\"2026-04-24\",94.94],[\"2026-04-27\",94.44],[\"2026-04-28\",98.19],[\"2026-04-29\",96.91],[\"2026-04-30\",94.84],[\"2026-05-04\",103.9],[\"2026-05-05\",107.84],[\"2026-05-06\",103.9],[\"2026-05-07\",114.24],[\"2026-05-08\",111.78],[\"2026-05-11\",114.73],[\"2026-05-12\",118.67],[\"2026-05-13\",120.64],[\"2026-05-14\",127.53],[\"2026-05-15\",139.84],[\"2026-05-18\",145.75],[\"2026-05-19\",160.03],[\"2026-05-20\",175.79],[\"2026-05-21\",193.02],[\"2026-05-22\",211.73],[\"2026-05-25\",232.91],[\"2026-05-26\",228.48],[\"2026-05-27\",227.49],[\"2026-05-28\",205.33],[\"2026-05-29\",225.52],[\"2026-06-01\",229.95],[\"2026-06-02\",216.66],[\"2026-06-03\",210.75],[\"2026-06-04\",217.64],[\"2026-06-05\",217.64],[\"2026-06-08\",206.32],[\"2026-06-09\",226.51],[\"2026-06-10\",208.78],[\"2026-06-11\",229.46],[\"2026-06-12\",252.11],[\"2026-06-15\",277.22],[\"2026-06-16\",270.82],[\"2026-06-17\",297.91],[\"2026-06-18\",327.45],[\"2026-06-22\",330.4],[\"2026-06-23\",297.91],[\"2026-06-24\",298.4],[\"2026-06-25\",316.12],[\"2026-06-26\",305.29],[\"2026-06-29\",299.38],[\"2026-06-30\",317.6],[\"2026-07-01\",311.2],[\"2026-07-02\",311],[\"2026-07-03\",318.5],[\"2026-07-06\",340],[\"2026-07-07\",306],[\"2026-07-08\",303.5],[\"2026-07-09\",286.5],[\"2026-07-13\",258],[\"2026-07-14\",232.5],[\"2026-07-15\",225],[\"2026-07-16\",209],[\"2026-07-17\",194.5],[\"2026-07-20\",175.5],[\"2026-07-21\",175.5],[\"2026-07-22\",183],[\"2026-07-23\",171.5],[\"2026-07-24\",164],[\"2026-07-27\",156],[\"2026-07-28\",140.5],[\"2026-07-29\",126.5],[\"2026-07-30\",114],[\"2026-07-31\",125],[\"2026-08-03\",137.5],[\"2026-08-04\",144],[\"2026-08-05\",147],[\"2026-08-06\",155],[\"2026-08-07\",150.5],[\"2026-08-10\",161],[\"2026-08-11\",174.5],[\"2026-08-12\",170.5],[\"2026-08-13\",175],[\"2026-08-14\",174.5],[\"2026-08-17\",166],[\"2026-08-18\",161.5],[\"2026-08-19\",177.5],[\"2026-08-20\",172],[\"2026-08-21\",165],[\"2026-08-24\",163],[\"2026-08-25\",166],[\"2026-08-26\",165.5],[\"2026-08-27\",168.5],[\"2026-08-28\",174],[\"2026-08-31\",175],[\"2026-09-01\",173],[\"2026-09-02\",168.5],[\"2026-09-03\",162.5],[\"2026-09-04\",176.5],[\"2026-09-07\",171.5],[\"2026-09-08\",167.5],[\"2026-09-09\",166],[\"2026-09-10\",171],[\"2026-09-11\",163],[\"2026-09-14\",163.5],[\"2026-09-15\",159],[\"2026-09-16\",163.5],[\"2026-09-17\",160],[\"2026-09-18\",165],[\"2026-09-21\",164.5],[\"2026-09-22\",164.5],[\"2026-09-23\",165],[\"2026-09-24\",165],[\"2026-09-29\",161],[\"2026-09-30\",161],[\"2026-10-01\",169],[\"2026-10-02\",173.5],[\"2026-10-05\",173],[\"2026-10-06\",173],[\"2026-10-07\",174],[\"2026-10-08\",174],[\"2026-10-12\",171.5],[\"2026-10-13\",167],[\"2026-10-14\",183.5],[\"2026-10-15\",171.5],[\"2026-10-16\",170.5],[\"2026-10-19\",162.5],[\"2026-10-20\",157],[\"2026-10-21\",164],[\"2026-10-22\",156.5],[\"2026-10-27\",153],[\"2026-10-28\",163],[\"2026-10-29\",158.5],[\"2026-10-30\",148.5],[\"2026-11-02\",147.5],[\"2026-11-03\",137],[\"2026-11-04\",137],[\"2026-11-05\",128],[\"2026-11-06\",125.5],[\"2026-11-09\",133.5],[\"2026-11-10\",136],[\"2026-11-11\",140],[\"2026-11-12\",132.5],[\"2026-11-13\",136]]}","ifam_pe_river":"{\"symbol\":\"3090\",\"source\":\"info.ifa.ai \u5e02\u5834\u8a55\u50f9\uff08\u672c\u76ca\u6bd4\u6cb3\u6d41\u5716\uff09\",\"sourceUrl\":\"https:\/\/info.ifa.ai\/tw-stock\/3090\/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\":\"6X\",\"values\":[23.19,23.19,23.19,23.19,23.19,23.19,23.19,23.19,26.61,26.61,26.61,26.61,26.61,26.61,26.61,26.61,26.61,26.61,26.61,26.61,29.48,29.48,29.48,29.48,29.48,29.48,29.48,29.48,29.48,29.48,29.48,29.48,29.48,46.09,46.09,46.09,46.09,46.09,46.09,46.09,46.09,46.09,46.09,46.09,46.09,46.09,52.22,52.22,52.22,52.22,52.22,52.22,52.22]},{\"label\":\"18.4X\",\"values\":[71.12,71.12,71.12,71.12,71.12,71.12,71.12,71.12,81.61,81.61,81.61,81.61,81.61,81.61,81.61,81.61,81.61,81.61,81.61,81.61,90.39,90.39,90.39,90.39,90.39,90.39,90.39,90.39,90.39,90.39,90.39,90.39,90.39,141.33,141.33,141.33,141.33,141.33,141.33,141.33,141.33,141.33,141.33,141.33,141.33,141.33,160.14,160.14,160.14,160.14,160.14,160.14,160.14]},{\"label\":\"30.8X\",\"values\":[119.05,119.05,119.05,119.05,119.05,119.05,119.05,119.05,136.61,136.61,136.61,136.61,136.61,136.61,136.61,136.61,136.61,136.61,136.61,136.61,151.31,151.31,151.31,151.31,151.31,151.31,151.31,151.31,151.31,151.31,151.31,151.31,151.31,236.58,236.58,236.58,236.58,236.58,236.58,236.58,236.58,236.58,236.58,236.58,236.58,236.58,268.07,268.07,268.07,268.07,268.07,268.07,268.07]},{\"label\":\"43.2X\",\"values\":[166.98,166.98,166.98,166.98,166.98,166.98,166.98,166.98,191.61,191.61,191.61,191.61,191.61,191.61,191.61,191.61,191.61,191.61,191.61,191.61,212.23,212.23,212.23,212.23,212.23,212.23,212.23,212.23,212.23,212.23,212.23,212.23,212.23,331.83,331.83,331.83,331.83,331.83,331.83,331.83,331.83,331.83,331.83,331.83,331.83,331.83,375.99,375.99,375.99,375.99,375.99,375.99,375.99]},{\"label\":\"55.6X\",\"values\":[214.91,214.91,214.91,214.91,214.91,214.91,214.91,214.91,246.61,246.61,246.61,246.61,246.61,246.61,246.61,246.61,246.61,246.61,246.61,246.61,273.14,273.14,273.14,273.14,273.14,273.14,273.14,273.14,273.14,273.14,273.14,273.14,273.14,427.07,427.07,427.07,427.07,427.07,427.07,427.07,427.07,427.07,427.07,427.07,427.07,427.07,483.91,483.91,483.91,483.91,483.91,483.91,483.91]},{\"label\":\"68X\",\"values\":[262.84,262.84,262.84,262.84,262.84,262.84,262.84,262.84,301.61,301.61,301.61,301.61,301.61,301.61,301.61,301.61,301.61,301.61,301.61,301.61,334.06,334.06,334.06,334.06,334.06,334.06,334.06,334.06,334.06,334.06,334.06,334.06,334.06,522.32,522.32,522.32,522.32,522.32,522.32,522.32,522.32,522.32,522.32,522.32,522.32,522.32,591.83,591.83,591.83,591.83,591.83,591.83,591.83]}],\"price\":{\"label\":\"\u80a1\u50f9\",\"values\":[90.4,83,88.9,87.6,104.5,94.6,93.5,98.4,108,101,100.5,101.5,92.5,91.5,92.9,99.7,92.6,92.4,95.3,96.3,90.7,100,108.5,96.4,96.3,113.5,142,215,229,221,256,332.5,310,318.5,286.5,194.5,164,125,150.5,174.5,165,174,176.5,163,165,165,173.5,174,170.5,156.5,148.5,125.5,132.5]}}","ifam_strategy_ytd":"{\"as_of\":\"2026-11-12\",\"bench\":51.19,\"rows\":{\"value:30\":84.04,\"value:15\":78.49,\"garp:30\":98.07,\"garp:15\":86.6,\"momentum:15\":104.91}}","ifam_growth":"<p><strong>\u65e5\u96fb\u8cbf\u672a\u4f86\u5e7e\u5e74\u7684\u6210\u9577\u4e3b\u8981\u4f86\u81ea\u4e09\u500b\u65b9\u5411\uff1aAI \u4f3a\u670d\u5668\u5e36\u52d5\u9ad8\u968e\u96fb\u5bb9\u7684\u91cf\u50f9\u9f4a\u5347\u3001\u65e5\u7cfb\u539f\u5ee0\u6f32\u50f9\u5faa\u74b0\u4e0b\u7684\u901a\u8def\u5229\u76ca\uff0c\u4ee5\u53ca\u8207\u6587\u66c4\u7d50\u76df\u5f8c\u7684\u5e02\u5834\u64f4\u5f35\uff1bAI \u8cc7\u672c\u652f\u51fa\u7684\u5ef6\u7e8c\u6027\u8207\u4e0a\u6e38\u8a18\u61b6\u9ad4\u4f9b\u61c9\uff0c\u662f\u516c\u53f8\u81ea\u5df1\u4e5f\u9ede\u540d\u7684\u8b8a\u6578\u3002<\/strong><\/p>\n<h4>AI \u4f3a\u670d\u5668\u5e36\u52d5\u9ad8\u968e\u96fb\u5bb9\u9700\u6c42<\/h4>\n<p>\u7e3d\u7d93\u7406\u4e8e\u8000\u570b\u5728 2026 \u5e74 11 \u6708\u6cd5\u8aaa\u6703\u8868\u793a\uff0c\u7b2c\u4e00\u5b63 AI \u76f8\u95dc\u71df\u6536\u5360\u6bd4\u7d04\u56db\u6210\u3001\u76ee\u524d\u5df2\u5347\u81f3\u4e94\u81f3\u516d\u6210\uff0c2027 \u5e74\u5c07\u9032\u4e00\u6b65\u8d85\u904e\u516d\u6210\uff1b\u4ed6\u8a8d\u70ba\u9019\u6ce2\u8207 2018 \u5e74\u7f3a\u8ca8\u6f6e\u4e0d\u540c\uff0c\u662f\u898f\u683c\u3001\u6578\u91cf\u8207\u6280\u8853\u9580\u6abb\u540c\u6b65\u63d0\u5347\u7684\u7d50\u69cb\u6027\u8f49\u8b8a\uff0c\u9810\u671f\u7f3a\u6599\u5c07\u5ef6\u7e8c\u81f3 2027 \u5e74\u3002\u516c\u53f8 5 \u6708\u8aaa\u660e\uff0cAI \u6a5f\u6ac3\u529f\u8017\u7531 150kW \u671d 1MW \u767c\u5c55\uff0c\u55ae\u4e00\u6a5f\u6ac3 MLCC \u7528\u91cf\u53ef\u80fd\u7531 50 \u842c\u9846\u500d\u589e\u81f3 100 \u842c\u9846\u4ee5\u4e0a\uff0c\u90e8\u5206\u9ad8\u968e MLCC \u8207\u9577\u689d\u578b\u96fb\u89e3\u96fb\u5bb9\u7684\u9700\u6c42\u9054\u4f9b\u7d66\u91cf\u7684\u4e94\u81f3\u5341\u500d\u3002\u524d 10 \u6708\u71df\u6536 175.24 \u5104\u5143\u3001\u5e74\u589e 32%\uff1b\u524d\u4e09\u5b63\u7a05\u5f8c\u7d14\u76ca 20.95 \u5104\u5143\u3001\u5e74\u589e 136%\uff0c\u6bcf\u80a1\u7d14\u76ca 7.4 \u5143\u3002<\/p>\n<h4>\u6a5f\u69cb\u5c0d\u5e02\u5834\u898f\u6a21\u7684\u9810\u4f30<\/h4>\n<p>\u9ad8\u76db 6 \u6708\u6307\u51fa MLCC \u5df2\u662f AI \u4f3a\u670d\u5668\u4e2d\u50c5\u6b21\u65bc GPU \u8207\u8a18\u61b6\u9ad4\u7684\u7b2c\u4e09\u5927\u6210\u672c\u9805\uff0c\u9810\u4f30 AI \u4f3a\u670d\u5668 MLCC \u5e02\u5834 2025 \u81f3 2030 \u6703\u8a08\u5e74\u5ea6\u5c07\u6210\u9577\u7d04 4.3 \u500d\u81f3\u7d04 9,200 \u5104\u65e5\u5713\uff1b\u6469\u6839\u58eb\u4e39\u5229 9 \u6708\u9810\u4f30\u5168\u7403 MLCC \u51fa\u8ca8\u91d1\u984d\u5c07\u7531 2025 \u5e74\u7684 146.7 \u5104\u7f8e\u5143\u589e\u81f3 2031 \u5e74\u7684 444.5 \u5104\u7f8e\u5143\u3001\u5e74\u8907\u5408\u6210\u9577 20.3%\uff0c\u4e26\u8a8d\u70ba MLCC \u6ef2\u900f AI \u4f3a\u670d\u5668\u4ecd\u8655\u65e9\u671f\u3002TrendForce 7 \u6708\u7d71\u8a08\uff0c\u6751\u7530\u3001\u4e09\u661f\u96fb\u6a5f\u8207\u592a\u967d\u8a98\u96fb\u7684\u63a5\u55ae\u51fa\u8ca8\u6bd4\u5347\u81f3\u75ab\u60c5\u4ee5\u4f86\u65b0\u9ad8\uff0c\u7b2c\u56db\u5b63\u662f\u9ad8\u968e MLCC \u662f\u5426\u5168\u9762\u7f3a\u8ca8\u7684\u95dc\u9375\u671f\u3002<\/p>\n<h4>\u539f\u5ee0\u6f32\u50f9\u8207\u901a\u8def\u5229\u76ca<\/h4>\n<p>\u65e5\u96fb\u8cbf\u4ee3\u7406\u65e5\u672c\u8cb4\u5f4c\u529f\u3001Panasonic\u3001KEMET\u3001KYOCERA AVX \u8207\u4e09\u661f\u7b49\u539f\u5ee0\u7684\u96fb\u5bb9\u3002TrendForce 6 \u6708\u6307\u51fa\uff0c\u8cb4\u5f4c\u529f\u8207 Nichicon \u5169\u5927\u65e5\u7cfb\u92c1\u8cea\u96fb\u89e3\u96fb\u5bb9\u5ee0\u76f8\u7e7c\u5ba3\u5e03\u8abf\u6f32\uff1b\u6469\u6839\u5927\u901a 9 \u6708\u6307\u51fa\u7b2c\u4e09\u5b63\u8d77\u90e8\u5206 MLCC \u53ef\u80fd\u77ed\u7f3a\uff0c\u90e8\u5206\u88fd\u9020\u5546\u8a08\u756b\u7b2c\u56db\u5b63\u8abf\u6f32\u50f9\u683c 20% \u81f3 30%\u3002\u4e8e\u8000\u570b 8 \u6708\u8868\u793a\u539f\u5ee0\u8abf\u6f32\u5c31\u8ddf\u9032\uff0c\u9ad8\u968e MLCC \u4ea4\u671f\u7d04 24 \u81f3 36 \u9031\uff0c\u5728\u5ba2\u6236\u8a02\u55ae\u62c9\u9577\u4e0b\uff0c\u4f30\u672a\u4f86\u4e00\u81f3\u5169\u5e74\u5167\u4e0d\u6703\u6709\u5eab\u5b58\u53bb\u5316\u554f\u984c\uff1b11 \u6708\u4ed6\u4e26\u63d0\u5230\uff0c\u65e5\u97d3\u539f\u5ee0\u7522\u80fd\u88ab AI \u8a02\u55ae\u6392\u64e0\u5f8c\uff0c\u90e8\u5206\u6d88\u8cbb\u6027\u898f\u683c\u7684\u6f32\u5e45\u53cd\u800c\u8d85\u904e AI \u898f\u683c\u3002<\/p>\n<h4>\u6587\u66c4\u7d50\u76df\u8207\u5e02\u5834\u64f4\u5f35<\/h4>\n<p>2025 \u5e74 7 \u6708\u516c\u53f8\u8207\u6587\u66c4\u63db\u80a1\u7d50\u76df\uff0c\u5b8c\u6210\u5f8c\u6587\u66c4\u6301\u6709\u65e5\u96fb\u8cbf 36% \u80a1\u6b0a\u3001\u6210\u70ba\u7b2c\u4e00\u5927\u80a1\u6771\uff0c\u6587\u66c4\u8463\u4e8b\u9577\u912d\u6587\u5b97\u4e26\u65bc 2026 \u5e74 5 \u6708\u63a5\u4efb\u65e5\u96fb\u8cbf\u8463\u4e8b\u9577\u3002\u4e8e\u8000\u570b\u8868\u793a\u96d9\u65b9\u4ee3\u7406\u7dda\u91cd\u758a\u6975\u4f4e\uff0c\u5408\u4f5c\u53ef\u5354\u52a9\u65e5\u96fb\u8cbf\u62d3\u5c55\u6771\u5357\u4e9e\u3001\u65e5\u672c\u3001\u97d3\u570b\u8207\u7f8e\u570b\u5e02\u5834\uff1b\u516c\u53f8\u5df2\u6df1\u5316\u6771\u5357\u4e9e\u8207\u5370\u5ea6\u64da\u9ede\uff0c\u4e26\u628a\u7522\u54c1\u4ea4\u4ed8\u5ef6\u4f38\u81f3\u7f8e\u570b\u8207\u58a8\u897f\u54e5\uff0c\u4ee5\u5206\u6563\u95dc\u7a05\u8207\u5730\u7de3\u653f\u6cbb\u98a8\u96aa\u3002<\/p>\n<h4>\u5e02\u5834\u95dc\u6ce8\u7684\u8b8a\u6578<\/h4>\n<p>\u4e8e\u8000\u570b\u81ea\u5df1\u9ede\u540d\u5169\u9805\u98a8\u96aa\uff1a\u82e5\u8a18\u61b6\u9ad4\u7f3a\u8ca8\u4f7f\u96fb\u8166\u8207\u7b46\u96fb\u51fa\u8ca8\u4e0b\u6ed1\uff0cMLCC \u7684\u4f9b\u7d66\u72c0\u6cc1\u53ef\u80fd\u6539\u5584\uff1b\u82e5\u96f2\u7aef\u696d\u8005\u8cc7\u672c\u652f\u51fa\u653e\u7de9\uff0c\u50f9\u683c\u6f32\u5e45\u4e5f\u53ef\u80fd\u8da8\u7de9\u3002\u4ed6\u540c\u6642\u63d0\u9192\uff0c\u5927\u578b\u5ba2\u6236\u8b70\u50f9\u7a7a\u9593\u8f03\u5927\uff0cAI \u71df\u6536\u5360\u6bd4\u63d0\u9ad8\u5f8c\u5e73\u5747\u6bdb\u5229\u7387\u53ef\u80fd\u7565\u70ba\u4e0b\u6ed1\uff0c\u7372\u5229\u6210\u9577\u8981\u9760\u91d1\u984d\u800c\u975e\u5229\u6f64\u7387\u3002TrendForce \u5247\u6307\u51fa AMD \u65b0\u4e00\u4ee3\u5e73\u53f0\u4ee5 MLCC \u5168\u9762\u53d6\u4ee3\u92c1\u8cea\u96fb\u89e3\u8207\u926d\u8cea\u96fb\u5bb9\uff0c\u5c0d\u540c\u6642\u4ee3\u7406\u591a\u985e\u96fb\u5bb9\u7684\u901a\u8def\u5546\u662f\u5169\u9762\u5f71\u97ff\u3002\u6b64\u5916\u516c\u53f8\u56e0\u7d50\u76df\u8fa6\u7406\u589e\u8cc7\uff0c\u80a1\u672c\u81a8\u8139\u7d04\u4e09\u6210\uff0c\u6bcf\u80a1\u76c8\u9918\u7684\u6210\u9577\u5e45\u5ea6\u6703\u4f4e\u65bc\u7372\u5229\u91d1\u984d\u7684\u6210\u9577\u3002<\/p>\n","ifam_val_profit":"<p>\u65e5\u96fb\u8cbf\uff083090\uff09\u8fd1\u4e09\u5e74\u662f\u7a69\u5b9a\u6210\u9577\uff0c\u4f46\u8981\u6ce8\u610f\u5b83\u7684\u7372\u5229\u7d50\u69cb\u548c\u4e00\u822c\u88fd\u9020\u696d\u4e0d\u540c\u3002<\/p>\n<ul>\n<li><strong>\u71df\u6536<\/strong>\uff1a2023 \u5e74 106.56 \u5104\u5143\u30012024 \u5e74 121.41 \u5104\u5143\uff08\u5e74\u589e 13.9%\uff09\u30012025 \u5e74 157.28 \u5104\u5143\uff08\u5e74\u589e 29.5%\uff09\u30022026 \u5e74 1\u20139 \u6708\u7d2f\u8a08 155.07 \u5104\u5143\u3001\u5e74\u589e 30.2%\u3002<\/li>\n<li><strong>\u6bdb\u5229\u7387\u53ea\u6709\u4e00\u6210\u4e0a\u4e0b<\/strong>\uff1a2023 \u81f3 2025 \u5e74\u70ba 15.4%\u300116.0%\u300116.4%\uff0c\u71df\u696d\u5229\u76ca\u7387 8.2%\u30019.2%\u300110.1%\u3002\u901a\u8def\u5546\u7684\u6bdb\u5229\u7387\u672c\u4f86\u5c31\u4f4e\uff0c<strong>\u540c\u6a23\u7684\u71df\u6536\u6210\u9577\u5e36\u4f86\u7684\u7372\u5229\u91d1\u984d\u6703\u6bd4\u88fd\u9020\u696d\u5c0f\u5f97\u591a<\/strong>\u3002<\/li>\n<li><strong>\u6bcf\u80a1\u76c8\u9918<\/strong>\uff1a2023 \u81f3 2025 \u5e74\u70ba 3.33\u30014.46\u30015.41 \u5143\uff1b2026 \u5e74\u4e0a\u534a\u5e74 4.84 \u5143\uff0c\u9ad8\u65bc\u53bb\u5e74\u540c\u671f\u7684 2.20 \u5143\u30022026 \u5e74\u4e0a\u534a\u5e74\u6bdb\u5229\u7387 18.9%\u3001\u71df\u696d\u5229\u76ca\u7387 12.1%\uff0c\u90fd\u6bd4 2025 \u5168\u5e74\u9ad8\u3002<\/li>\n<\/ul>\n<p>\u5df2\u516c\u5e03\u7684\u5be6\u7e3e\uff1a2026 \u5e74 1\u20139 \u6708\u7d2f\u8a08\u5408\u4f75\u71df\u6536 155.07 \u5104\u5143\uff1b\u4e0a\u534a\u5e74\u5408\u4f75\u71df\u6536 96.46 \u5104\u5143\u3001\u6bcf\u80a1\u76c8\u9918 4.84 \u5143\uff08\u7b2c 1 \u5b63 1.68 \u5143\u3001\u7b2c 2 \u5b63 3.17 \u5143\uff09\u3002<\/p>\n","ifam_val_multiple":"","ifam_strategy_on":"1","ifam_trades":"{\"fileName\":\"\",\"source\":\"\u6bcf\u65e5\u81ea\u52d5\u66f4\u65b0\",\"sheet\":\"\u65e5\u96fb\u8cbf(3090)\u9032\u51fa\u7d00\u9304\",\"blocks\":[{\"title\":\"Trending Momentum Q30\",\"header\":[\"\u6b21\u6578\",\"\u9032\u5834\u65e5\u671f\",\"\u51fa\u5834\u65e5\u671f\",\"\u6301\u6709\u5929\u6578\",\"\u9032\u5834\u958b\u76e4\u50f9\",\"\u51fa\u5834\u958b\u76e4\u50f9\",\"\u958b\u76e4\u5831\u916c\",\"\u9032\u5834\u6536\u76e4\u50f9\",\"\u51fa\u5834\u6536\u76e4\u50f9\",\"\u6536\u76e4\u5831\u916c\"],\"returnCols\":[6,9],\"rows\":[[\"1\",\"2025-12-12\",\"2025-12-16\",\"4\",\"109.00\",\"97.20\",\"-10.83%\",\"104.50\",\"94.30\",\"-9.76%\"],[\"2\",\"2026-05-20\",\"2026-06-03\",\"14\",\"167.50\",\"216.00\",\"+28.96%\",\"178.50\",\"214.00\",\"+19.89%\"],[\"3\",\"2026-06-11\",\"2026-07-03\",\"22\",\"220.50\",\"305.00\",\"+40.46%\",\"233.00\",\"318.50\",\"+38.80%\"],[\"4\",\"2026-07-07\",\"2026-07-08\",\"1\",\"335.00\",\"303.00\",\"-9.55%\",\"306.00\",\"303.50\",\"-0.82%\"]]}],\"parsedAt\":\"2026-11-13T07:24:54.939Z\"}","ifam_valuation":"{\"matrix\":{\"corner\":\"\",\"title\":\"\",\"note\":\"\",\"columns\":[{\"order\":1,\"year\":\"2025(A)\",\"eps\":5.4,\"label\":\"2025(A)\uff1a5.4 \u5143\"}],\"rows\":[{\"order\":1,\"pe\":136,\"peLabel\":\"136 \u5143\",\"desc\":\"2026-11-13\",\"cells\":[{\"order\":1,\"price\":25.185185185185183,\"text\":\"25.2 \u500d\",\"hl\":false}]}]}}","ifam_val_range":"<p>\u76ee\u524d\u65e5\u96fb\u8cbf\u80a1\u50f9\u7d04\u5728 130\u2013140 \u5143\uff082026\/11\/13 \u6536\u76e4\u50f9 136 \u5143\uff09\uff0c\u7d04\u70ba 2025(A) EPS 5.4 \u5143\u7684 25 \u500d\u3002<\/p>\n","footnotes":""},"categories":[8],"tags":[],"ifam_industry":[12],"ifam_strategy":[],"class_list":["post-702","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\/702","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=702"}],"version-history":[{"count":1,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/702\/revisions"}],"predecessor-version":[{"id":705,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/702\/revisions\/705"}],"wp:attachment":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/media?parent=702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/categories?post=702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/tags?post=702"},{"taxonomy":"ifam_industry","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_industry?post=702"},{"taxonomy":"ifam_strategy","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_strategy?post=702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}