{"id":781,"date":"2026-11-04T14:43:56","date_gmt":"2026-11-04T06:43:56","guid":{"rendered":"https:\/\/ifa.ai\/research\/5351tt\/"},"modified":"2026-11-14T21:04:55","modified_gmt":"2026-11-14T13:04:55","slug":"5351tt","status":"publish","type":"post","link":"https:\/\/ifa.ai\/research\/5351tt\/","title":{"rendered":"[\u923a\u5275 (5351)] \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\u923a\u5275"},"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":"5351","ifam_company":"\u923a\u5275","ifam_market":"\u53f0\u80a1","ifam_updated_at":"","ifam_business":"<p><strong>\u923a\u5275\u79d1\u6280\uff085351\uff09\u4e3b\u8981\u7684\u71df\u6536\u4f86\u6e90\u662f\u81ea\u5bb6\u8a2d\u8a08\u7684\u8a18\u61b6\u9ad4\u8207\u76f8\u95dc\u7a4d\u9ad4\u96fb\u8def\u3002<\/strong> \u767b\u8a18\u7684\u71df\u696d\u9805\u76ee\u662f\u534a\u5c0e\u9ad4\u88dd\u7f6e\u7684\u7814\u767c\u3001\u751f\u7522\u3001\u88fd\u9020\u3001\u6e2c\u8a66\u8207\u92b7\u552e\uff0c\u4ee5\u53ca\u76f8\u95dc\u7684\u6280\u8853\u79fb\u8f49\uff1b\u516c\u53f8 1991 \u5e74\u6210\u7acb\u30011998 \u5e74\u4e0a\u6ac3\uff0c\u7e3d\u90e8\u5728\u65b0\u7af9\u79d1\u5b78\u5712\u5340\u3002<\/p>\n<p><strong>\u8ca1\u5831\u7684\u6536\u5165\u7d30\u5206\u53ea\u6709\u5169\u9805\uff0c\u800c\u4e14\u7b2c\u4e8c\u9805\u8da8\u8fd1\u65bc\u96f6\u3002<\/strong> 2026 \u5e74\u4e0a\u534a\u5e74\u7684\u5ba2\u6236\u5408\u7d04\u6536\u5165\u88e1\uff0c\u300c\u7a4d\u9ad4\u96fb\u8def\u76f8\u95dc\u300d\u5360 99.97%\u3001\u300c\u5176\u4ed6\u300d\u53ea\u6709 2,078 \u5343\u5143\uff080.03%\uff09\u2014\u2014\u6240\u4ee5\u672c\u9801\u7684\u300c\u71df\u6536\uff0d\u4ee5\u7522\u54c1\/\u670d\u52d9\u5340\u5206\u300d\u8868\u7559\u7a7a\uff1b\u8ca1\u5831\u7684\u90e8\u9580\u8cc7\u8a0a\u4e5f\u6c92\u6709\u66f4\u7d30\u7684\u7522\u54c1\u5225\u6216\u5730\u5340\u5225\u91d1\u984d\u63ed\u9732\u30022025 \u5e74\u5168\u5e74\u5408\u4f75\u71df\u6536 40.37 \u5104\u5143\u3001\u5e74\u589e 16.2%\uff0c\u6bdb\u5229\u7387 15.3%\u3001\u6bcf\u80a1\u76c8\u9918 -1.53 \u5143\uff08\u7a00\u91cb\uff09\uff1b2026 \u5e74\u4e0a\u534a\u5e74\u71df\u6536 76.34 \u5104\u5143\u3001\u5e74\u589e 456.5%\uff0c\u4e0a\u534a\u5e74\u6bcf\u80a1\u76c8\u9918 6.60 \u5143\u3002<\/p>\n<p><strong>\u9019\u662f\u4e00\u5bb6 IC \u8a2d\u8a08\u516c\u53f8\uff0c\u7522\u80fd\u5916\u5305\u3001\u56fa\u5b9a\u8cbb\u7528\u4e3b\u8981\u662f\u7814\u767c\u3002<\/strong> \u5b83\u7684\u640d\u76ca\u7d50\u69cb\u56e0\u6b64\u548c\u6676\u5713\u5ee0\u5b8c\u5168\u4e0d\u540c\uff1a\u71df\u6536\u898f\u6a21\u5c0f\u7684\u6642\u5019\uff0c\u7814\u767c\u8cbb\u7528\u6703\u628a\u71df\u696d\u5229\u76ca\u7387\u58d3\u5230\u6df1\u8ca0\u503c\uff082023 \u5e74 -44.1%\u30012024 \u5e74 -18.8%\u30012025 \u5e74 -14.4%\uff09\uff1b\u4e00\u65e6\u51fa\u8ca8\u653e\u5927\uff0c\u540c\u4e00\u7b46\u7814\u767c\u8cbb\u7528\u88ab\u6524\u8584\uff0c\u71df\u696d\u5229\u76ca\u7387\u7684\u8df3\u5347\u5e45\u5ea6\u6703\u9060\u5927\u65bc\u71df\u6536\u7684\u589e\u5e45\u2014\u20142026 \u5e74\u4e0a\u534a\u5e74\u5c31\u662f\u9019\u500b\u6a23\u5b50\uff08\u71df\u696d\u5229\u76ca\u7387 30.7%\uff09\u3002<\/p>\n<p><strong>\u8981\u6ce8\u610f\u7684\u662f\uff0c\u9019\u689d\u640d\u76ca\u66f2\u7dda\u5c0d\u8a18\u61b6\u9ad4\u7684\u5831\u50f9\u975e\u5e38\u654f\u611f\u3002<\/strong> \u516c\u53f8\u7684\u7522\u54c1\u662f\u81ea\u6709\u54c1\u724c\u7684\u8a18\u61b6\u9ad4\u76f8\u95dc IC\uff0c\u552e\u50f9\u96a8\u5e02\u5834\u884c\u60c5\u6ce2\u52d5\uff0c\u800c\u6210\u672c\uff08\u6676\u5713\u8207\u5c01\u6e2c\uff09\u662f\u5916\u8cfc\u7684\uff1b\u6240\u4ee5\u6bdb\u5229\u7387\u4e0d\u662f\u7531\u516c\u53f8\u7684\u88fd\u7a0b\u6548\u7387\u6c7a\u5b9a\uff0c\u800c\u662f\u7531\u300c\u8ce3\u50f9\u8ddf\u8cb7\u50f9\u4e4b\u9593\u7684\u5dee\u300d\u6c7a\u5b9a\u2014\u2014\u9019\u4e5f\u89e3\u91cb\u4e86\u70ba\u4ec0\u9ebc\u6bdb\u5229\u7387\u53ef\u4ee5\u5728\u4e09\u5e74\u5167\u5f9e\u8ca0\u503c\u8d70\u5230\u4e94\u6210\u4ee5\u4e0a\uff082023 \u5e74 -3.1%\u30012026 \u5e74\u7b2c 2 \u5b63 52.2%\uff09\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\",\"16,846\",\"2,910\",\"3,014\"],[\"12\u6708\",\"\uff0d\",\"624\",\"231\"],[\"11\u6708\",\"\uff0d\",\"503\",\"229\"],[\"10\u6708\",\"2,420\",\"468\",\"220\"],[\"9\u6708\",\"2,407\",\"401\",\"237\"],[\"8\u6708\",\"2,260\",\"361\",\"327\"],[\"7\u6708\",\"2,125\",\"308\",\"366\"],[\"6\u6708\",\"1,903\",\"251\",\"380\"],[\"5\u6708\",\"1,663\",\"236\",\"331\"],[\"4\u6708\",\"1,333\",\"258\",\"307\"],[\"3\u6708\",\"1,103\",\"221\",\"316\"],[\"2\u6708\",\"869\",\"211\",\"245\"],[\"1\u6708\",\"764\",\"195\",\"286\"]]},{\"key\":\"quarter\",\"label\":\"\u5b63\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026Q3\",\"2026Q2\",\"2026Q1\",\"2025Q4\",\"2025Q3\",\"2025Q2\",\"2025Q1\",\"2024Q4\"],\"rows\":[[\"\u71df\u6536\",\"6,792\",\"4,899\",\"2,735\",\"1,595\",\"1,070\",\"745\",\"627\",\"680\"],[\"\u5e74\u589e\u7387\",\"+534.8%\",\"+557.8%\",\"+336.2%\",\"+134.7%\",\"+15.2%\",\"-26.8%\",\"-25.9%\",\"-2.6%\"],[\"\u5b63\u589e\u7387\",\"+38.6%\",\"+79.1%\",\"+71.5%\",\"+49.1%\",\"+43.7%\",\"+18.8%\",\"-7.7%\",\"-26.9%\"]]},{\"key\":\"half\",\"label\":\"\u534a\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026H1\",\"2025H2\",\"2025H1\",\"2024H2\",\"2024H1\",\"2023H2\"],\"rows\":[[\"\u71df\u6536\",\"7,634\",\"2,665\",\"1,372\",\"1,609\",\"1,864\",\"1,359\"],[\"\u5e74\u589e\u7387\",\"+456.5%\",\"+65.7%\",\"-26.4%\",\"+18.4%\",\"+43.1%\",\"-18.2%\"],[\"\u534a\u5e74\u589e\u7387\",\"+186.5%\",\"+94.3%\",\"-14.7%\",\"-13.7%\",\"+37.2%\",\"+4.2%\"]]},{\"key\":\"year\",\"label\":\"\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026 (1~10\u6708)\",\"2025\",\"2024\"],\"rows\":[[\"\u71df\u6536\",\"16,846\",\"4,037\",\"3,473\"],[\"\u5e74\u589e\u7387\",\"+479.0%\",\"+16.2%\",\"+30.5%\"]]}]}","ifam_income_tabs":"{\"note\":\"\u55ae\u4f4d\uff1a\u65b0\u53f0\u5e63\u767e\u842c\u5143\uff0c\u6bcf\u80a1\u76c8\u9918\u70ba\u5143\uff1b\u7a05\u5f8c\u6de8\u5229\u8207\u6de8\u5229\u7387\u63a1\u6b78\u5c6c\u6bcd\u516c\u53f8\u696d\u4e3b\u6de8\u5229\u30022026 \u5e74\u50c5\u81f3 Q3\u3002\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918\uff1a\u4f9d\u80a1\u672c\u8b8a\u52d5\uff082022-09 \u914d\u80a1\u30012023-09 \u914d\u80a1\uff09\u5c07\u904e\u53bb\u5404\u671f\u63db\u7b97\u70ba\u73fe\u884c\u80a1\u6578\u57fa\u790e\uff0c\u4fbf\u65bc\u8207\u76ee\u524d\u80a1\u50f9\u6bd4\u8f03\uff1b\u4e0a\u4e00\u5217\u70ba\u516c\u53f8\u8ca1\u5831\u539f\u503c\u3002\",\"default\":1,\"tabs\":[{\"key\":\"Q4\",\"label\":\"Q4\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff0810~12\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"\uff0d\",\"1,595\",\"680\",\"698\",\"685\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"364\",\"67\",\"-17\",\"25\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"64\",\"-196\",\"-286\",\"-232\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"69\",\"-134\",\"-258\",\"-232\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"0.21\",\"-0.40\",\"-0.89\",\"-0.76\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"0.21\",\"-0.40\",\"-0.89\",\"-0.75\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"22.8%\",\"9.9%\",\"-2.4%\",\"3.6%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"4.0%\",\"-28.8%\",\"-41.0%\",\"-33.9%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"4.3%\",\"-19.7%\",\"-36.9%\",\"-33.9%\"]]},{\"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\",\"4,037\",\"3,473\",\"2,662\",\"4,685\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"618\",\"443\",\"-83\",\"1,200\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"-580\",\"-652\",\"-1,173\",\"83\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"-497\",\"-541\",\"-893\",\"142\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"-1.53\",\"-1.77\",\"-3.09\",\"0.50\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"-1.53\",\"-1.77\",\"-3.09\",\"0.49\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"15.3%\",\"12.7%\",\"-3.1%\",\"25.6%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"-14.4%\",\"-18.8%\",\"-44.1%\",\"1.8%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"-12.3%\",\"-15.6%\",\"-33.5%\",\"3.0%\"]]}]},{\"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\",\"6,792\",\"1,070\",\"929\",\"661\",\"976\"],[\"\u71df\u696d\u6bdb\u5229\",\"3,926\",\"135\",\"166\",\"-56\",\"236\"],[\"\u71df\u696d\u5229\u76ca\",\"2,782\",\"-180\",\"-121\",\"-326\",\"-19\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"2,493\",\"-141\",\"-105\",\"-276\",\"3\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"7.48\",\"-0.43\",\"-0.34\",\"-0.96\",\"0.01\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"-0.43\",\"-0.34\",\"-0.96\",\"0.01\"],[\"\u6bdb\u5229\u7387\",\"57.8%\",\"12.7%\",\"17.8%\",\"-8.5%\",\"24.2%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"41.0%\",\"-16.8%\",\"-13.1%\",\"-49.3%\",\"-2.0%\"],[\"\u6de8\u5229\u7387\",\"36.7%\",\"-13.1%\",\"-11.3%\",\"-41.8%\",\"0.3%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~9\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"14,426\",\"2,442\",\"2,794\",\"1,964\",\"3,999\"],[\"\u71df\u696d\u6bdb\u5229\",\"7,484\",\"254\",\"376\",\"-66\",\"1,175\"],[\"\u71df\u696d\u5229\u76ca\",\"5,123\",\"-644\",\"-456\",\"-887\",\"316\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"4,687\",\"-567\",\"-407\",\"-635\",\"374\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"13.97\",\"-1.74\",\"-1.37\",\"-2.20\",\"1.26\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"-1.74\",\"-1.37\",\"-2.20\",\"1.24\"],[\"\u6bdb\u5229\u7387\",\"51.9%\",\"10.4%\",\"13.4%\",\"-3.3%\",\"29.4%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"35.5%\",\"-26.4%\",\"-16.3%\",\"-45.2%\",\"7.9%\"],[\"\u6de8\u5229\u7387\",\"32.5%\",\"-23.2%\",\"-14.6%\",\"-32.3%\",\"9.4%\"]]}]},{\"key\":\"Q2\",\"label\":\"Q2\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff084~6\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"4,899\",\"745\",\"1,018\",\"741\",\"1,392\"],[\"\u71df\u696d\u6bdb\u5229\",\"2,555\",\"52\",\"162\",\"-22\",\"449\"],[\"\u71df\u696d\u5229\u76ca\",\"1,725\",\"-246\",\"-118\",\"-307\",\"143\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"1,580\",\"-228\",\"-112\",\"-136\",\"154\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"4.75\",\"-0.70\",\"-0.39\",\"-0.48\",\"0.54\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"4.75\",\"-0.70\",\"-0.39\",\"-0.47\",\"0.51\"],[\"\u6bdb\u5229\u7387\",\"52.2%\",\"7.0%\",\"15.9%\",\"-3.0%\",\"32.3%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"35.2%\",\"-33.0%\",\"-11.6%\",\"-41.4%\",\"10.3%\"],[\"\u6de8\u5229\u7387\",\"32.2%\",\"-30.6%\",\"-11.0%\",\"-18.3%\",\"11.0%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~6\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"7,634\",\"1,372\",\"1,864\",\"1,303\",\"3,023\"],[\"\u71df\u696d\u6bdb\u5229\",\"3,558\",\"119\",\"210\",\"-9\",\"939\"],[\"\u71df\u696d\u5229\u76ca\",\"2,341\",\"-464\",\"-335\",\"-561\",\"335\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"2,194\",\"-426\",\"-302\",\"-359\",\"371\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"6.60\",\"-1.31\",\"-1.04\",\"-1.26\",\"1.30\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"6.60\",\"-1.31\",\"-1.04\",\"-1.24\",\"1.22\"],[\"\u6bdb\u5229\u7387\",\"46.6%\",\"8.7%\",\"11.2%\",\"-0.7%\",\"31.1%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"30.7%\",\"-33.8%\",\"-18.0%\",\"-43.0%\",\"11.1%\"],[\"\u6de8\u5229\u7387\",\"28.7%\",\"-31.0%\",\"-16.2%\",\"-27.5%\",\"12.3%\"]]}]},{\"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\",\"2,735\",\"627\",\"847\",\"562\",\"1,631\"],[\"\u71df\u696d\u6bdb\u5229\",\"1,002\",\"66\",\"48\",\"13\",\"490\"],[\"\u71df\u696d\u5229\u76ca\",\"616\",\"-217\",\"-217\",\"-254\",\"192\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"614\",\"-198\",\"-190\",\"-223\",\"218\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"1.87\",\"-0.61\",\"-0.65\",\"-0.78\",\"0.80\"],[\"\u8abf\u6574\u5f8c\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"1.87\",\"-0.61\",\"-0.65\",\"-0.77\",\"0.75\"],[\"\u6bdb\u5229\u7387\",\"36.6%\",\"10.6%\",\"5.6%\",\"2.3%\",\"30.0%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"22.5%\",\"-34.7%\",\"-25.6%\",\"-45.2%\",\"11.8%\"],[\"\u6de8\u5229\u7387\",\"22.5%\",\"-31.6%\",\"-22.4%\",\"-39.6%\",\"13.4%\"]]}]}]}","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\",\"57.8%\",\"52.2%\",\"36.6%\",\"22.8%\",\"12.7%\",\"7.0%\",\"10.6%\",\"9.9%\"],[\"\u6de8\u5229\u7387\",\"36.7%\",\"32.2%\",\"22.5%\",\"4.3%\",\"-13.1%\",\"-30.6%\",\"-31.6%\",\"-19.7%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"109.7%\",\"96.5%\",\"48.3%\",\"20.0%\",\"8.1%\",\"3.1%\",\"3.9%\",\"3.9%\"],[\"ROCE*\",\"113.2%\",\"93.2%\",\"44.3%\",\"5.7%\",\"-12.2%\",\"-18.0%\",\"-18.6%\",\"-12.1%\"]]},{\"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\",\"+534.8%\",\"+557.8%\",\"+336.2%\",\"+134.7%\",\"+15.2%\",\"-26.8%\",\"-25.9%\",\"-2.6%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+1610.0%\",\"+724.9%\",\"+369.1%\",\"+134.7%\",\"-35.9%\",\"-86.5%\",\"-4.5%\",\"+47.6%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+3160.2%\",\"+2180.1%\",\"+215.9%\",\"+80.9%\",\"+201.4%\",\"-270.4%\",\"-1019.2%\",\"-283.7%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+4571.5%\",\"+1249.9%\",\"+169.5%\",\"+2.4%\",\"+1238.6%\",\"-722.3%\",\"-754.9%\",\"-807.0%\"]]},{\"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\",\"28.8\",\"30.3\",\"40.5\",\"51.6\",\"61.1\",\"85.1\",\"108.1\",\"111.7\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"126.7\",\"125.1\",\"149.7\",\"195.5\",\"253.7\",\"348.3\",\"423.0\",\"361.9\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"61.3\",\"56.5\",\"55.6\",\"58.3\",\"59.4\",\"65.7\",\"88.2\",\"88.8\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"94.2\",\"98.9\",\"134.6\",\"188.8\",\"255.4\",\"367.8\",\"443.0\",\"384.8\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"2.41\",\"2.43\",\"2.34\",\"2.33\",\"2.68\",\"1.96\",\"1.76\",\"1.88\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.54\",\"1.46\",\"1.20\",\"1.11\",\"1.03\",\"0.67\",\"0.69\",\"0.74\"]]}]},{\"key\":\"year\",\"label\":\"\u5e74\u5ea6\",\"tables\":[{\"title\":\"\u7372\u5229\u80fd\u529b\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u6bdb\u5229\u7387\",\"15.3%\",\"12.7%\",\"-3.1%\",\"25.6%\",\"34.5%\"],[\"\u6de8\u5229\u7387\",\"-12.3%\",\"-15.6%\",\"-33.5%\",\"3.0%\",\"17.1%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"8.6%\",\"6.5%\",\"-1.1%\",\"15.6%\",\"31.7%\"],[\"ROCE*\",\"-9.7%\",\"-11.9%\",\"-17.0%\",\"2.6%\",\"24.0%\"]]},{\"title\":\"\u6210\u9577\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"+16.2%\",\"+30.5%\",\"-43.2%\",\"-23.8%\",\"+73.1%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+5.1%\",\"+38.1%\",\"-1437.8%\",\"-92.7%\",\"+478.1%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-3734.4%\",\"+82.9%\",\"+94.9%\",\"-229.0%\",\"+792.3%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-297.4%\",\"+27.5%\",\"+83.8%\",\"-282.9%\",\"+3328.4%\"]]},{\"title\":\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"81.0\",\"73.8\",\"104.4\",\"89.7\",\"66.8\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"279.7\",\"320.3\",\"423.2\",\"282.1\",\"157.0\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"78.4\",\"60.3\",\"72.3\",\"85.4\",\"69.8\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"282.3\",\"333.8\",\"455.3\",\"286.4\",\"154.0\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"2.33\",\"1.88\",\"2.13\",\"2.43\",\"2.04\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.11\",\"0.74\",\"0.74\",\"0.89\",\"1.25\"]]}]}]}","ifam_chips":"{\"date\":\"2026-11-12\",\"label\":\"11\/12\u7576\u65e5\",\"volume_lot\":\"15,973\",\"avg_price\":\"98.09\",\"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 98.09 \u5143\u63a8\u7b97\uff1b\u7576\u65e5\u7e3d\u6210\u4ea4\u91cf 15,973 \u5f35\u3002\",\"groups\":[{\"name\":\"\u5916\u8cc7\",\"dir\":\"down\",\"streak\":\"\u90231\u8cb7\u2192\u90234\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"3,905\",\"6,434\",\"-2530\"],[\"\u91d1\u984d(\u5143)\",\"3.8\u5104\",\"6.3\u5104\",\"-2.5\u5104\"],[\"\u5747\u50f9(\u5143)\",\"98.09\",\"98.09\",\"98.09\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"24.4%\",\"40.3%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u6295\u4fe1\",\"dir\":\"down\",\"streak\":\"\u90231\u8cb7\u2192\u90232\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"0\",\"1\",\"-1\"],[\"\u91d1\u984d(\u5143)\",\"0\u842c\",\"10\u842c\",\"-10\u842c\"],[\"\u5747\u50f9(\u5143)\",\"98.09\",\"98.09\",\"98.09\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"0.0%\",\"0.0%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u81ea\u71df\u5546\",\"dir\":\"up\",\"streak\":\"\u90231\u8ce3\u2192\u90232\u8cb7\",\"rows\":[[\"\u5f35\u6578\",\"122\",\"98\",\"+24\"],[\"\u91d1\u984d(\u5143)\",\"1,194\u842c\",\"956\u842c\",\"238\u842c\"],[\"\u5747\u50f9(\u5143)\",\"98.09\",\"98.09\",\"98.09\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"0.8%\",\"0.6%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u4e09\u5927\u6cd5\u4eba\",\"dir\":\"down\",\"streak\":\"\u90232\u8cb7\u2192\u90233\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"4,026\",\"6,533\",\"-2506\"],[\"\u91d1\u984d(\u5143)\",\"3.9\u5104\",\"6.4\u5104\",\"-2.5\u5104\"],[\"\u5747\u50f9(\u5143)\",\"98.09\",\"98.09\",\"98.09\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"25.2%\",\"40.9%\",\"\u4e0d\u9069\u7528\"]]}]}","ifam_candle":"{\"date\":\"2026-11-13\",\"label\":\"11\/13\",\"today\":[{\"rule\":\"12-3\",\"name\":\"\u70cf\u96f2\u84cb\u9802\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u70cf\u96f2\u84cb\u9802\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\u70cf\u96f2\u84cb\u9802\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\u70cf\u96f2K\u7684\u9ad8\u9ede\u6642\uff0c\u5148\u524d\u7684\u70cf\u96f2\u84cb\u9802\u8a0a\u865f\u5931\u6548\u3002\",\"k\":[{\"d\":\"11\/11\",\"tag\":\"\u9577\u7d05\",\"hi\":47.5,\"lo\":104,\"top\":49.8,\"bot\":90.8,\"col\":\"up\"},{\"d\":\"11\/12\",\"tag\":\"\u70cf\u96f2\",\"hi\":8,\"lo\":92.4,\"top\":31.2,\"bot\":84.6,\"col\":\"down\"},{\"d\":\"11\/13\",\"tag\":\"\u672a\u78ba\u8a8d\",\"hi\":45.2,\"lo\":80,\"top\":58.3,\"bot\":70.7,\"col\":\"down\"}]}],\"recent\":[{\"rule\":\"12-1\",\"name\":\"\u70cf\u96f2\u84cb\u9802\",\"level\":\"\u9810\u8b66\",\"dir\":\"down\",\"text\":\"\u80a1\u50f9\u4e0a\u6f32\u4e00\u6bb5\u5f8c\uff0c\u9577\u7d05K\u7684\u9694\u65e5\u958b\u9ad8\u8d70\u4f4e\uff0c\u6536\u76e4\u8dcc\u7834\u524d\u4e00\u65e5\u5be6\u9ad4\u7684\u4e00\u534a\u4ee5\u4e0a\u3002\u8ce3\u65b9\u55ae\u65e5\u53cd\u58d3\u904e\u534a\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\":\"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\"},{\"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\/15\",\"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\/14\",\"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\":[\"1,080\",\"90\"]},{\"k\":\"\u8ce3\u51fa\",\"v\":[\"1,418\",\"105\"]},{\"k\":\"\u73fe\u511f\",\"v\":[\"8\",\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"-346\",\"+15\"],\"t\":[\"down\",\"up\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"12,306\",\"269\"]},{\"k\":\"\u4f7f\u7528\u7387\",\"v\":[\"15.0%\",\"0.3%\"]},{\"k\":\"\u9023\u589e\u9023\u6e1b\",\"v\":[\"\u90233\u589e\u2192\u6e1b\",\"\u90232\u6e1b\u2192\u90233\u589e\"],\"t\":[\"down\",\"up\"]},{\"k\":\"\u8cc7\u5238\u4e92\u62b5\",\"v\":[\"\",\"5\"]},{\"k\":\"\u8cc7\u5238\u7576\u6c96\",\"v\":[\"\",\"0.0%\"]},{\"k\":\"\u5238\u8cc7\u6bd4\",\"v\":[\"\",\"2.2%\"]}]},{\"head\":[\"11\/12\u7576\u65e5\",\"\u501f\u5238\u8ce3\u51fa(\u5f35)\"],\"rows\":[{\"k\":\"\u8ce3\u51fa\",\"v\":[\"263\"]},{\"k\":\"\u9084\u5238\",\"v\":[\"0\"]},{\"k\":\"\u8abf\u6574\",\"v\":[\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"+263\"],\"t\":[\"up\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"8,398\"]},{\"k\":\"\u6b21\u65e5\u9650\u984d\",\"v\":[\"272\"]}]}],\"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\",\"3,473\",\"4,037\",\"\",\"\",\"\"],[\"\u71df\u696d\u6bdb\u5229\",\"443\",\"618\",\"\",\"\",\"\"],[\"\u71df\u696d\u5229\u76ca\",\"-652\",\"-580\",\"\",\"\",\"\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-541\",\"-497\",\"\",\"\",\"\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"-1.77\",\"-1.53\",\"\",\"\",\"\"],[\"\u6bdb\u5229\u7387\",\"12.7%\",\"15.3%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u7387\",\"-15.6%\",\"-12.3%\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u589e\u7387 (YoY,%)\",\"30.5%\",\"16.2%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u5e74\u589e\u7387 (YoY,%)\",\"\u8667\u640d\",\"\u8667\u640d\",\"\",\"\",\"\"]],\"notes\":[\"\u8a3b\uff1a\u7a05\u5f8c\u6de8\u5229\uff0f\u6de8\u5229\u7387\u63a1\u300c\u6b78\u5c6c\u6bcd\u516c\u53f8\u696d\u4e3b\u6de8\u5229\u300d\u3002\",\"\uff0a\u57fa\u672c\u6bcf\u80a1\u76c8\u9918\u8207\u7a00\u91cb\u6bcf\u80a1\u76c8\u9918\u4e0d\u540c\uff0c\u8868\u5217\u70ba\u7a00\u91cb\u6bcf\u80a1\u76c8\u9918\uff1b\u57fa\u672c\u6bcf\u80a1\u76c8\u9918\uff1a2024 (A) -1.77\u30012025 (A) -1.53\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\",\"745\",\"1,070\",\"1,595\",\"2,735\",\"4,899\"],[\"\u71df\u696d\u6bdb\u5229\",\"52\",\"135\",\"364\",\"1,002\",\"2,555\"],[\"\u71df\u696d\u5229\u76ca\",\"-246\",\"-180\",\"64\",\"616\",\"1,725\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-228\",\"-141\",\"69\",\"614\",\"1,580\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"-0.70\",\"-0.43\",\"0.21\",\"1.87\",\"4.75\"]],\"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\",\"7.0%\",\"12.7%\",\"22.8%\",\"36.6%\",\"52.2%\"],[\"\u6de8\u5229\u7387\",\"-30.6%\",\"-13.1%\",\"4.3%\",\"22.5%\",\"32.2%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"3.1%\",\"8.1%\",\"20.0%\",\"48.3%\",\"96.5%\"],[\"ROCE*\",\"-18.0%\",\"-12.2%\",\"5.7%\",\"44.3%\",\"93.2%\"],[\"\u6210\u9577\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"-26.8%\",\"+15.2%\",\"+134.7%\",\"+336.2%\",\"+557.8%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"-86.5%\",\"-35.9%\",\"+134.7%\",\"+369.1%\",\"+724.9%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-270.4%\",\"+201.4%\",\"+80.9%\",\"+215.9%\",\"+2180.1%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-722.3%\",\"+1238.6%\",\"+2.4%\",\"+169.5%\",\"+1249.9%\"],[\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"85.1\",\"61.1\",\"51.6\",\"40.5\",\"30.3\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"348.3\",\"253.7\",\"195.5\",\"149.7\",\"125.1\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"65.7\",\"59.4\",\"58.3\",\"55.6\",\"56.5\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"367.8\",\"255.4\",\"188.8\",\"134.6\",\"98.9\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.96\",\"2.68\",\"2.33\",\"2.34\",\"2.43\"],[\"\u901f\u52d5\u6bd4\u7387\",\"0.67\",\"1.03\",\"1.11\",\"1.20\",\"1.46\"]],\"notes\":[]}]","ifam_fin_note":"","ifam_metrics_note":"","ifam_price":"{\"symbol\":\"5351\",\"name\":\"\u923a\u5275\",\"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\":94.4,\"open\":96,\"high\":97.7,\"low\":93.2,\"prev_close\":92.6,\"change\":1.8,\"change_pct\":1.94,\"range\":4.5,\"amount\":\"6.76 \u5104\u5143\",\"volume\":7100,\"avg_volume_3m\":11468,\"market_cap\":\"310.6 \u5104\u5143\",\"shares\":\"3.29 \u5104\u80a1\"},\"annual\":[{\"year\":2026,\"pct\":85.83,\"ytd\":true},{\"year\":2025,\"pct\":40.53},{\"year\":2024,\"pct\":-33.06},{\"year\":2023,\"pct\":38.69},{\"year\":2022,\"pct\":-53.32},{\"year\":2021,\"pct\":270.49},{\"year\":2020,\"pct\":13.01},{\"year\":2019,\"pct\":9.09},{\"year\":2018,\"pct\":-36.74},{\"year\":2017,\"pct\":25.2}],\"series\":[[\"2025-11-13\",45.65],[\"2025-11-14\",44.2],[\"2025-11-17\",45.95],[\"2025-11-18\",44.2],[\"2025-11-19\",42.6],[\"2025-11-20\",43.7],[\"2025-11-21\",39.7],[\"2025-11-24\",39.15],[\"2025-11-25\",39.5],[\"2025-11-26\",38.25],[\"2025-11-27\",39.4],[\"2025-11-28\",39.5],[\"2025-12-01\",38.55],[\"2025-12-02\",38.6],[\"2025-12-03\",38.1],[\"2025-12-04\",38.35],[\"2025-12-05\",39.8],[\"2025-12-08\",39.8],[\"2025-12-09\",41.75],[\"2025-12-10\",40],[\"2025-12-11\",39.4],[\"2025-12-12\",41.5],[\"2025-12-15\",39.9],[\"2025-12-16\",38.85],[\"2025-12-17\",39.75],[\"2025-12-18\",39.3],[\"2025-12-19\",39.4],[\"2025-12-22\",40.55],[\"2025-12-23\",40.2],[\"2025-12-24\",41.45],[\"2025-12-26\",43.8],[\"2025-12-29\",44.6],[\"2025-12-30\",49.05],[\"2025-12-31\",50.8],[\"2026-01-02\",55.8],[\"2026-01-05\",61.3],[\"2026-01-06\",62.8],[\"2026-01-07\",61],[\"2026-01-08\",61.8],[\"2026-01-09\",60.1],[\"2026-01-12\",62],[\"2026-01-13\",60.7],[\"2026-01-14\",60.4],[\"2026-01-15\",62],[\"2026-01-16\",64.9],[\"2026-01-19\",70.5],[\"2026-01-20\",69],[\"2026-01-21\",62.5],[\"2026-01-22\",60.6],[\"2026-01-23\",59.6],[\"2026-01-26\",61.1],[\"2026-01-27\",58],[\"2026-01-28\",62.1],[\"2026-01-29\",60.6],[\"2026-01-30\",61.2],[\"2026-02-02\",55.1],[\"2026-02-03\",55.7],[\"2026-02-04\",57.3],[\"2026-02-05\",55.8],[\"2026-02-06\",52.3],[\"2026-02-09\",57.5],[\"2026-02-10\",55.3],[\"2026-02-11\",55.7],[\"2026-02-23\",57.3],[\"2026-02-24\",60.5],[\"2026-02-25\",57.8],[\"2026-02-26\",58.8],[\"2026-03-02\",58.3],[\"2026-03-03\",53.1],[\"2026-03-04\",49],[\"2026-03-05\",53.9],[\"2026-03-06\",51.4],[\"2026-03-09\",55.1],[\"2026-03-10\",57.4],[\"2026-03-11\",60.8],[\"2026-03-12\",62.4],[\"2026-03-13\",63.8],[\"2026-03-16\",70.1],[\"2026-03-17\",77.1],[\"2026-03-18\",84.8],[\"2026-03-19\",84.3],[\"2026-03-20\",79.5],[\"2026-03-23\",74.5],[\"2026-03-24\",70],[\"2026-03-25\",74.1],[\"2026-03-26\",71.6],[\"2026-03-27\",71],[\"2026-03-30\",71],[\"2026-03-31\",63.9],[\"2026-04-01\",70.2],[\"2026-04-02\",66.1],[\"2026-04-07\",64.6],[\"2026-04-08\",71],[\"2026-04-09\",72.6],[\"2026-04-10\",70.7],[\"2026-04-13\",69.3],[\"2026-04-14\",68.4],[\"2026-04-15\",67.9],[\"2026-04-16\",66.5],[\"2026-04-17\",67.5],[\"2026-04-20\",66],[\"2026-04-21\",68.6],[\"2026-04-22\",71.6],[\"2026-04-23\",65.9],[\"2026-04-24\",61.1],[\"2026-04-27\",64.2],[\"2026-04-28\",70.6],[\"2026-04-29\",71.3],[\"2026-04-30\",69.8],[\"2026-05-04\",71.6],[\"2026-05-05\",74.1],[\"2026-05-06\",78.5],[\"2026-05-07\",77.3],[\"2026-05-08\",75.1],[\"2026-05-11\",80.1],[\"2026-05-12\",83.8],[\"2026-05-13\",87],[\"2026-05-14\",91.5],[\"2026-05-15\",87.5],[\"2026-05-18\",85.3],[\"2026-05-19\",76.8],[\"2026-05-20\",74.4],[\"2026-05-21\",75.2],[\"2026-05-22\",80.5],[\"2026-05-25\",82.1],[\"2026-05-26\",82.2],[\"2026-05-27\",82.6],[\"2026-05-28\",82.6],[\"2026-05-29\",86.2],[\"2026-06-01\",89.7],[\"2026-06-02\",92.9],[\"2026-06-03\",90.1],[\"2026-06-04\",88.1],[\"2026-06-05\",86.2],[\"2026-06-08\",83.7],[\"2026-06-09\",88.6],[\"2026-06-10\",85.5],[\"2026-06-11\",84.3],[\"2026-06-12\",88.7],[\"2026-06-15\",90.6],[\"2026-06-16\",90.6],[\"2026-06-17\",92],[\"2026-06-18\",94],[\"2026-06-22\",99.8],[\"2026-06-23\",91],[\"2026-06-24\",91.9],[\"2026-06-25\",93.5],[\"2026-06-26\",87.3],[\"2026-06-29\",88.4],[\"2026-06-30\",86.8],[\"2026-07-01\",81.9],[\"2026-07-02\",83.7],[\"2026-07-03\",81.8],[\"2026-07-06\",89.9],[\"2026-07-07\",93.1],[\"2026-07-08\",89.3],[\"2026-07-09\",98.2],[\"2026-07-13\",100],[\"2026-07-14\",95.2],[\"2026-07-15\",104.5],[\"2026-07-16\",97.7],[\"2026-07-17\",88],[\"2026-07-20\",82.8],[\"2026-07-21\",88.9],[\"2026-07-22\",90.4],[\"2026-07-23\",87.8],[\"2026-07-24\",84.8],[\"2026-07-27\",83.6],[\"2026-07-28\",75.3],[\"2026-07-29\",70.1],[\"2026-07-30\",66.1],[\"2026-07-31\",72.7],[\"2026-08-03\",79.9],[\"2026-08-04\",87.8],[\"2026-08-05\",96.5],[\"2026-08-06\",103],[\"2026-08-07\",104],[\"2026-08-10\",114],[\"2026-08-11\",119.5],[\"2026-08-12\",122],[\"2026-08-13\",129],[\"2026-08-14\",133],[\"2026-08-17\",135.5],[\"2026-08-18\",122],[\"2026-08-19\",126.5],[\"2026-08-20\",118],[\"2026-08-21\",123],[\"2026-08-24\",118],[\"2026-08-25\",115.5],[\"2026-08-26\",117],[\"2026-08-27\",116.5],[\"2026-08-28\",116],[\"2026-08-31\",118],[\"2026-09-01\",119.5],[\"2026-09-02\",117],[\"2026-09-03\",110],[\"2026-09-04\",112.5],[\"2026-09-07\",118.5],[\"2026-09-08\",117],[\"2026-09-09\",118],[\"2026-09-10\",115.5],[\"2026-09-11\",108.5],[\"2026-09-14\",106],[\"2026-09-15\",102.5],[\"2026-09-16\",105.5],[\"2026-09-17\",106],[\"2026-09-18\",113.5],[\"2026-09-21\",109.5],[\"2026-09-22\",106],[\"2026-09-23\",109.5],[\"2026-09-24\",108],[\"2026-09-29\",109.5],[\"2026-09-30\",110.5],[\"2026-10-01\",109.5],[\"2026-10-02\",116],[\"2026-10-05\",114],[\"2026-10-06\",113],[\"2026-10-07\",114.5],[\"2026-10-08\",115],[\"2026-10-12\",114],[\"2026-10-13\",107.5],[\"2026-10-14\",110],[\"2026-10-15\",102],[\"2026-10-16\",105],[\"2026-10-19\",102],[\"2026-10-20\",100.5],[\"2026-10-21\",104],[\"2026-10-22\",100],[\"2026-10-27\",106],[\"2026-10-28\",114],[\"2026-10-29\",113],[\"2026-10-30\",107.5],[\"2026-11-02\",104.5],[\"2026-11-03\",96.1],[\"2026-11-04\",94.2],[\"2026-11-05\",88.1],[\"2026-11-06\",84],[\"2026-11-09\",92.4],[\"2026-11-10\",91.8],[\"2026-11-11\",97.1],[\"2026-11-12\",92.6],[\"2026-11-13\",94.4]]}","ifam_pe_river":"","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>\u923a\u5275\u662f\u5229\u57fa\u578b DRAM \u8207 USB \u9ad8\u901f\u50b3\u8f38\u6676\u7247\u8a2d\u8a08\u516c\u53f8\uff0c\u6b63\u8655\u5728\u8a18\u61b6\u9ad4\u7d50\u69cb\u6027\u77ed\u7f3a\u9031\u671f\u7684\u98a8\u53e3\u4e0a\uff1a2025 \u5e74\u5168\u5e74\u6bcf\u80a1\u9084\u8667 1.53 \u5143\uff0c2026 \u5e74\u524d\u4e09\u5b63\u6bcf\u80a1\u7d14\u76ca\u5df2\u9054 14.28 \u5143\uff0c\u55ae\u5b63\u4e00\u8def\u5f9e 1.88 \u5143\u30014.81 \u5143\u8df3\u5347\u5230\u7b2c\u4e09\u5b63\u7684 7.59 \u5143\u3002\u8463\u4e8b\u9577\u76e7\u8d85\u7fa4\u5224\u65b7\uff0cDRAM \u7f3a\u8ca8\u53ef\u80fd\u5ef6\u7e8c\u5230 2027 \u5e74\u4e0a\u534a\u5e74\u3002<\/strong><\/p>\n<h4>\u53d7\u60e0\u908f\u8f2f\uff1aHBM \u6392\u64e0\u51fa\u4f86\u7684\u4f9b\u7d66\u7f3a\u53e3<\/h4>\n<p>\u9019\u6ce2\u884c\u60c5\u7684\u7d50\u69cb\u5f88\u6e05\u695a\uff1a\u76e7\u8d85\u7fa4\u8aaa\u660e\uff0c\u4e00\u500b HBM \u6a21\u7d44\u7d04\u9700\u4e8c\u5341\u9846 DRAM \u6676\u7247\uff0c\u4e09\u5927\u8a18\u61b6\u9ad4\u539f\u5ee0\u512a\u5148\u751f\u7522\u9ad8\u55ae\u50f9\u7684 HBM \u8207 DDR5\uff0c\u6392\u64e0\u6a19\u6e96\u578b\u8207\u6210\u719f\u578b\u7522\u54c1\u4f9b\u7d66\uff0c\u800c DRAM \u5ee0\u591a\u5e74\u672a\u6dfb\u65b0\u7522\u80fd\u3001\u5efa\u4e00\u5ea7\u5ee0\u7d04\u9700\u516d\u5e74\uff0c\u7f3a\u53e3\u77ed\u671f\u88dc\u4e0d\u4e0a\u3002TrendForce \u7684\u6578\u64da\u4f50\u8b49\u529b\u9053\uff1a1Q26 \u50b3\u7d71 DRAM \u5408\u7d04\u50f9\u5b63\u589e\u5e45\u4e0a\u4fee\u5230 90%\uff5e95%\uff0c\u5176\u5229\u57fa\u578b DRAM \u5831\u544a\u66f4\u76f4\u6307\u5e02\u5834\u300c\u56b4\u91cd\u4f9b\u4e0d\u61c9\u6c42\u300d\u3001\u8ce3\u65b9\u638c\u63e1\u5b9a\u50f9\u6b0a\u3001\u53f0\u7cfb\u5ee0\u5546\u5df2\u63a5\u8fd1\u7522\u80fd\u4e0a\u9650\u2014\u2014\u923a\u5275\u6b63\u662f\u9019\u500b\u985e\u5225\u7684\u4f9b\u61c9\u8005\u3002\u76e7\u8d85\u7fa4\u8868\u793a DRAM \u50f9\u683c\u7d04\u6bcf\u6708\u4e0a\u6f32 10%\uff5e20%\uff0cDDR4\u3001DDR5 \u81f3\u5c11\u7f3a\u8ca8\u5230 2027 \u5e74\u4e2d\uff0c\u516c\u53f8\u8a02\u55ae\u80fd\u898b\u5ea6\u5df2\u770b\u5230 2026 \u5e74\u5e95\u30012027 \u4e0a\u534a\u5e74\u5927\u81f4\u6e05\u695a\u3002<\/p>\n<h4>\u8ca1\u52d9\u7206\u767c\uff1a\u7531\u9023\u5e74\u8667\u640d\u5230\u55ae\u5b63\u5927\u8cfa<\/h4>\n<p>2026 \u5e74\u524d\u4e09\u5b63\u71df\u6536 144.26 \u5104\u5143\u3001\u5e74\u589e 491%\uff0c\u6bdb\u5229\u7387 51.87%\uff0c\u7a05\u5f8c\u7d14\u76ca 46.87 \u5104\u5143\uff1b10 \u6708\u71df\u6536 24.2 \u5104\u5143\u3001\u5e74\u589e 417%\uff0c\u55ae\u6708\u71df\u6536\u81ea 5 \u6708\u8d77\u9023\u7e8c\u5275\u6b77\u53f2\u65b0\u9ad8\u3002\u7522\u54c1\u9762\uff0cDDR4\uff084Gb\uff5e16Gb\uff09\u5927\u91cf\u7528\u65bc Wi-Fi 7\/8 \u8def\u7531\u5668\u300110G PON\u3001\u6a5f\u4e0a\u76d2\u8207\u7269\u806f\u7db2\u88dd\u7f6e\u2014\u2014\u6b63\u662f AI \u5e36\u52d5\u7684\u7db2\u901a\u5347\u7d1a\u9700\u6c42\uff1b\u7368\u5bb6 RPC DRAM \u4ee5\u6676\u5713\u7d1a\u5c01\u88dd\u505a\u5230\u6700\u5c0f\u9ad4\u7a4d\uff0c\u5df2\u901a\u904e\u8eca\u898f\u8a8d\u8b49\u4e26\u9032\u5165\u570b\u969b\u54c1\u724c\u8eca\u5ee0\u4f9b\u61c9\u93c8\u3002\u516c\u53f8\u4e26\u65bc\u4e0b\u534a\u5e74\u5be6\u65bd\u5eab\u85cf\u80a1 6,600 \u5f35\u5168\u6578\u8f49\u8b93\u54e1\u5de5\u3002<\/p>\n<h4>\u7b2c\u4e8c\u66f2\u7dda\uff1a\u6a5f\u5668\u8996\u89ba\u8207 AI \u8a18\u61b6\u9ad4\u5e73\u53f0<\/h4>\n<p>\u5b50\u516c\u53f8\u923a\u7acb\u5fae\uff08eYs3D\uff09\u4ee5 3D \u6df1\u5ea6\u611f\u6e2c\u70ba\u6838\u5fc3\uff0c\u5207\u5165\u81ea\u4e3b\u79fb\u52d5\u6a5f\u5668\u4eba\uff08AMR\uff09\u6e96\u7cfb\u7d71\uff0c\u8207\u4e9e\u5149\u5408\u4f5c\u958b\u767c\u570b\u7522\u6676\u7247\u6a5f\u5668\u4eba\u5e95\u5ea7\uff0c\u4e26\u8207\u9177\u535a\u6a02\u3001\u5148\u9032\u667a\u80fd\u7b49\u5925\u4f34\u5c55\u793a\u5de1\u6aa2\u8207\u6a5f\u5668\u624b\u81c2\u6574\u5408\u65b9\u6848\uff0c\u7372 COMPUTEX 2026 \u734e\u9805\u80af\u5b9a\u3002\u6bcd\u516c\u53f8\u5247\u63a8\u51fa MemorAiLink \u4e00\u7ad9\u5f0f AI \u8a18\u61b6\u9ad4\u5e73\u53f0\uff0c\u958b\u767c\u4f9b\u908a\u7de3\u5927\u8a9e\u8a00\u6a21\u578b\u4f7f\u7528\u7684\u9ad8\u983b\u5bec\u4f4e\u529f\u8017\u8a18\u61b6\u9ad4\u3002\u6b64\u5916\u516c\u53f8\u4ee5 3 \u5104\u5143\u4e0a\u9650\u53d6\u5f97\u529b\u6676\u5275\u65b0\u80a1\u6b0a\uff0c\u53e3\u5f91\u70ba\u300c\u9577\u671f\u7b56\u7565\u6027\u6295\u8cc7\u3001\u5f37\u5316\u8207\u529b\u6676\u96c6\u5718\u7684\u7b56\u7565\u5925\u4f34\u95dc\u4fc2\u300d\u3002<\/p>\n<h4>\u5e02\u5834\u95dc\u6ce8\u7684\u8b8a\u6578<\/h4>\n<p>\u9019\u8f2a\u7372\u5229\u672c\u8cea\u662f\u300c\u50f9\u683c\u8ca1\u300d\uff0c\u6301\u7e8c\u6027\u53d6\u6c7a\u65bc\u7f3a\u53e3\u4f55\u6642\u88dc\u4e0a\uff1aTrendForce \u9810\u671f\u6f32\u5e45\u5c07\u9010\u5b63\u6536\u6582\uff08\u9577\u7d04\u958b\u59cb\u58d3\u6291\u5c0d\u5927\u5ba2\u6236\u7684\u6f32\u50f9\uff09\uff0c\u76e7\u8d85\u7fa4\u81ea\u5df1\u4e5f\u63d0\u5230\u5408\u7d04\u50f9\u6f32\u5e45\u53ef\u80fd\u5728\u7b2c\u4e09\u5b63\u5e95\u8da8\u7de9\uff0c\u4e26\u8b66\u793a\u7cfb\u7d71\u5ee0\u53ef\u80fd\u6e1b\u5c11 DRAM \u642d\u8f09\u91cf\u3001\u4f4e\u968e\u5ba2\u6236\u6e1b\u7528\u2014\u2014\u6f32\u904e\u982d\u6703\u7522\u751f\u9700\u6c42\u7834\u58de\uff1b\u4e2d\u570b DRAM \u5ee0\u64f4\u7522\u5247\u662f\u4e2d\u671f\u4f9b\u7d66\u8b8a\u6578\u3002\u5e74\u5831\u4ea6\u81ea\u5217\uff1a\u5ba2\u6236\u53ef\u80fd\u56e0\u6210\u672c\u8207\u5eab\u5b58\u8003\u91cf\u8abf\u6574\u62c9\u8ca8\u7bc0\u594f\u3002\u6b64\u5916\u529b\u6676\u5275\u65b0\u6b63\u503c\u7d93\u71df\u6b0a\u8b8a\u52d5\u671f\uff0c\u76f8\u95dc\u6295\u8cc7\u7684\u5f8c\u7e8c\u767c\u5c55\u9700\u8981\u7559\u610f\u3002<\/p>\n","ifam_val_profit":"<p>\u4ee5\u4e0b\u4f9d\u516c\u53f8\u5df2\u516c\u5e03\u7684\u8ca1\u5831\u8207\u6708\u71df\u6536\uff0c\u8aaa\u660e\u923a\u5275\uff085351\uff09\u7684\u7372\u5229\u8ecc\u8de1\u3002<\/p>\n<ul>\n<li><strong>2023\uff5e2025 \u5e74\uff1a\u9023\u7e8c\u4e09\u5e74\u8667\u640d\u3002<\/strong> \u5408\u4f75\u71df\u6536\u7531 2023 \u5e74\u7684 26.62 \u5104\u5143\u30012024 \u5e74 34.73 \u5104\u5143\u5230 2025 \u5e74\u7684 40.37 \u5104\u5143\uff0c\u898f\u6a21\u662f\u5728\u6210\u9577\u7684\uff1b\u4f46\u6bcf\u80a1\u76c8\u9918\u662f -3.09 \u5143\u3001-1.77 \u5143\u3001-1.53 \u5143\u2014\u2014\u71df\u696d\u5229\u76ca\u7387\u4e09\u5e74\u90fd\u662f\u8ca0\u7684\uff08-44.1%\u3001-18.8%\u3001-14.4%\uff09\u3002<\/li>\n<li><strong>2026 \u5e74\u4e0a\u534a\u5e74\uff1a\u71df\u6536 76.34 \u5104\u5143\u3001\u662f\u53bb\u5e74\u540c\u671f 13.72 \u5104\u5143\u7684 5.6 \u500d\uff0c\u6bcf\u80a1\u76c8\u9918 6.60 \u5143\uff08\u53bb\u5e74\u540c\u671f -1.31 \u5143\uff09\u3002<\/strong> \u6bdb\u5229\u7387\u7531 8.7% \u5347\u5230 46.6%\u3001\u71df\u696d\u5229\u76ca\u7387\u7531 -33.8% \u8f49\u70ba 30.7%\u3002<\/li>\n<\/ul>\n<p><strong>\u5169\u500b\u5b63\u5ea6\u662f\u9023\u8457\u5f80\u4e0a\u7684\uff0c\u4e0d\u662f\u4e00\u6b21\u6027\u7684\u3002<\/strong> \u7b2c 1 \u5b63\u71df\u6536 27.35 \u5104\u5143\u3001\u6bdb\u5229\u7387 36.6%\u3001\u71df\u696d\u5229\u76ca\u7387 22.5%\u3001\u6bcf\u80a1\u76c8\u9918 1.87 \u5143\uff1b\u7b2c 2 \u5b63\u71df\u6536 48.99 \u5104\u5143\u3001\u6bdb\u5229\u7387 52.2%\u3001\u71df\u696d\u5229\u76ca\u7387 35.2%\u3001\u6bcf\u80a1\u76c8\u9918 4.75 \u5143\u2014\u2014<strong>\u55ae\u5b63\u71df\u6536\u7ffb\u4e86\u5c07\u8fd1\u4e00\u500d\uff0c\u6bdb\u5229\u7387\u53c8\u518d\u9ad8\u51fa\u5341\u4e94\u500b\u767e\u5206\u9ede\u4ee5\u4e0a<\/strong>\u3002<\/p>\n<p>\u516c\u53f8\u5df2\u516c\u5e03\u7684\u6708\u71df\u6536\u5230 2026 \u5e74 9 \u6708\uff1a\u55ae\u6708 24.07 \u5104\u5143\u3001\u5e74\u589e 500.3%\uff1b\u524d 9 \u500b\u6708\u7d2f\u8a08 144.26 \u5104\u5143\u3001\u5e74\u589e 490.8%\u3002<\/p>\n<p><strong>\u6240\u4ee5\u95dc\u9375\u6578\u5b57\u53ea\u6709\u4e00\u500b\uff1a\u6bdb\u5229\u7387\u3002<\/strong> \u7b2c 2 \u5b63\u7684 52.2% \u662f\u9019\u5bb6\u516c\u53f8\u5f9e\u4f86\u6c92\u6709\u904e\u7684\u6c34\u6e96\uff0c\u800c\u5b83\u4f86\u81ea\u552e\u50f9\u8207\u5916\u8cfc\u6676\u5713\u3001\u5c01\u6e2c\u6210\u672c\u4e4b\u9593\u7684\u50f9\u5dee\uff0c\u4e0d\u662f\u516c\u53f8\u81ea\u5df1\u80fd\u63a7\u5236\u7684\u88fd\u7a0b\u6548\u7387\u3002\u53ea\u8981\u9019\u500b\u50f9\u5dee\u6536\u6582\uff0c\u540c\u4e00\u689d\u71df\u6536\u898f\u6a21\u4e0b\u7684\u6bcf\u80a1\u76c8\u9918\u5c31\u6703\u5feb\u901f\u4e0b\u6ed1\uff1b\u53cd\u904e\u4f86\u8aaa\uff0c\u4e0a\u534a\u5e74\u7d2f\u7a4d\u7684 6.60 \u5143\u5df2\u7d93\u628a\u904e\u53bb\u4e09\u5e74\u7684\u7d2f\u7a4d\u8667\u640d\u88dc\u56de\u4e86\u4e00\u5927\u584a\u3002\u7b2c 3 \u5b63\u8ca1\u5831\u7684\u6bdb\u5229\u7387\u6709\u6c92\u6709\u5ef6\u7e8c\u7b2c 2 \u5b63\u7684 52.2%\uff0c\u662f\u9a57\u8b49\u9019\u4e00\u8f2a\u7372\u5229\u53ef\u6301\u7e8c\u6027\u7684\u7b2c\u4e00\u500b\u6642\u9ede\u3002<\/p>\n","ifam_val_multiple":"","ifam_strategy_on":"1","ifam_trades":"{\"fileName\":\"\",\"source\":\"\u6bcf\u65e5\u81ea\u52d5\u66f4\u65b0\",\"sheet\":\"\u923a\u5275(5351)\u9032\u51fa\u7d00\u9304\",\"blocks\":[{\"title\":\"Trending GARP Q30\",\"header\":[\"\u6b21\u6578\",\"\u9032\u5834\u65e5\u671f\",\"\u51fa\u5834\u65e5\u671f\",\"\u6301\u6709\u5929\u6578\",\"\u9032\u5834\u958b\u76e4\u50f9\",\"\u51fa\u5834\u958b\u76e4\u50f9\",\"\u958b\u76e4\u5831\u916c\",\"\u9032\u5834\u6536\u76e4\u50f9\",\"\u51fa\u5834\u6536\u76e4\u50f9\",\"\u6536\u76e4\u5831\u916c\"],\"returnCols\":[6,9],\"rows\":[[\"1\",\"2026-07-14\",\"2026-07-15\",\"1\",\"102.00\",\"96.50\",\"-5.39%\",\"95.20\",\"104.50\",\"+9.77%\"],[\"2\",\"2026-07-16\",\"2026-07-17\",\"1\",\"103.00\",\"91.10\",\"-11.55%\",\"97.70\",\"88.00\",\"-9.93%\"],[\"3\",\"2026-08-05\",\"2026-09-14\",\"40\",\"93.40\",\"106.00\",\"+13.49%\",\"96.50\",\"106.00\",\"+9.84%\"],[\"4\",\"2026-09-15\",\"2026-11-09\",\"55\",\"105.00\",\"88.00\",\"-16.19%\",\"102.50\",\"92.40\",\"-9.85%\"],[\"5\",\"2026-11-10\",\"2026-11-11\",\"1\",\"98.00\",\"91.80\",\"-6.33%\",\"91.80\",\"97.10\",\"+5.77%\"]]},{\"title\":\"Trending Momentum Q30\",\"header\":[\"\u6b21\u6578\",\"\u9032\u5834\u65e5\u671f\",\"\u51fa\u5834\u65e5\u671f\",\"\u6301\u6709\u5929\u6578\",\"\u9032\u5834\u958b\u76e4\u50f9\",\"\u51fa\u5834\u958b\u76e4\u50f9\",\"\u958b\u76e4\u5831\u916c\",\"\u9032\u5834\u6536\u76e4\u50f9\",\"\u51fa\u5834\u6536\u76e4\u50f9\",\"\u6536\u76e4\u5831\u916c\"],\"returnCols\":[6,9],\"rows\":[[\"1\",\"2026-01-05\",\"2026-01-15\",\"10\",\"61.20\",\"60.90\",\"-0.49%\",\"61.30\",\"62.00\",\"+1.14%\"],[\"2\",\"2026-01-21\",\"2026-01-22\",\"1\",\"70.10\",\"65.60\",\"-6.42%\",\"62.50\",\"60.60\",\"-3.04%\"],[\"3\",\"2026-03-18\",\"2026-03-23\",\"5\",\"83.30\",\"73.60\",\"-11.64%\",\"84.80\",\"74.50\",\"-12.15%\"],[\"4\",\"2026-07-16\",\"2026-07-17\",\"1\",\"103.00\",\"91.10\",\"-11.55%\",\"97.70\",\"88.00\",\"-9.93%\"],[\"5\",\"2026-08-06\",\"2026-08-25\",\"19\",\"95.90\",\"114.50\",\"+19.40%\",\"103.00\",\"115.50\",\"+12.14%\"]]},{\"title\":\"Trending Value Q30\",\"header\":[\"\u6b21\u6578\",\"\u9032\u5834\u65e5\u671f\",\"\u51fa\u5834\u65e5\u671f\",\"\u6301\u6709\u5929\u6578\",\"\u9032\u5834\u958b\u76e4\u50f9\",\"\u51fa\u5834\u958b\u76e4\u50f9\",\"\u958b\u76e4\u5831\u916c\",\"\u9032\u5834\u6536\u76e4\u50f9\",\"\u51fa\u5834\u6536\u76e4\u50f9\",\"\u6536\u76e4\u5831\u916c\"],\"returnCols\":[6,9],\"rows\":[[\"1\",\"2026-08-05\",\"2026-09-10\",\"36\",\"93.40\",\"117.00\",\"+25.27%\",\"96.50\",\"115.50\",\"+19.69%\"],[\"2\",\"2026-09-21\",\"2026-10-12\",\"21\",\"114.50\",\"113.00\",\"-1.31%\",\"109.50\",\"114.00\",\"+4.11%\"],[\"3\",\"2026-10-28\",\"2026-11-04\",\"7\",\"110.50\",\"98.30\",\"-11.04%\",\"114.00\",\"94.20\",\"-17.37%\"]]}],\"parsedAt\":\"2026-11-13T07:24:57.321Z\"}","ifam_valuation":"{\"matrix\":{\"corner\":\"\",\"title\":\"\",\"note\":\"\",\"columns\":[{\"order\":1,\"year\":\"2025(A)\",\"eps\":-1.5,\"label\":\"2025(A)\uff1a-1.5 \u5143\"}],\"rows\":[{\"order\":1,\"pe\":94.4,\"peLabel\":\"94 \u5143\",\"desc\":\"2026-11-13\",\"cells\":[{\"order\":1,\"price\":null,\"text\":\"\u8667\u640d\",\"hl\":false}]}]}}","ifam_val_range":"<p>\u76ee\u524d\u923a\u5275\u80a1\u50f9\u7d04\u5728 90\u2013100 \u5143\uff082026\/11\/13 \u6536\u76e4\u50f9 94 \u5143\uff09\u30022025(A) \u70ba\u8667\u640d\u5e74\u5ea6\u3001\u500d\u6578\u6c92\u6709\u610f\u7fa9\uff1b\u82e5\u4ee5 2026 \u5e74\u4e0a\u534a\u5e74\u6bcf\u80a1\u76c8\u9918 6.60 \u5143\u5e74\u5316\u5f8c\u7684 13.20 \u5143\u8a08\u7b97\uff0c\u7d04\u70ba 7 \u500d\u3002<\/p>\n","footnotes":""},"categories":[8],"tags":[],"ifam_industry":[13],"ifam_strategy":[],"class_list":["post-781","post","type-post","status-publish","format-standard","hentry","category-stock","ifam_industry-semiconductor"],"_links":{"self":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/781","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=781"}],"version-history":[{"count":1,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/781\/revisions"}],"predecessor-version":[{"id":804,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/781\/revisions\/804"}],"wp:attachment":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/media?parent=781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/categories?post=781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/tags?post=781"},{"taxonomy":"ifam_industry","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_industry?post=781"},{"taxonomy":"ifam_strategy","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_strategy?post=781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}