{"id":960,"date":"2026-11-05T17:02:22","date_gmt":"2026-11-05T09:02:22","guid":{"rendered":"https:\/\/ifa.ai\/research\/2014tt\/"},"modified":"2026-11-13T22:04:55","modified_gmt":"2026-11-13T14:04:55","slug":"2014tt","status":"publish","type":"post","link":"https:\/\/ifa.ai\/research\/2014tt\/","title":{"rendered":"[\u4e2d\u9d3b (2014)] \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\u4e2d\u9d3b"},"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":"2014","ifam_company":"\u4e2d\u9d3b","ifam_market":"\u53f0\u80a1","ifam_updated_at":"","ifam_business":"<p><strong>\u4e2d\u9d3b\u92fc\u9435\uff082014\uff09\u4e3b\u8981\u7684\u71df\u6536\u4f86\u6e90\u662f\u92fc\u6372\u8207\u92fc\u7ba1\uff1a\u5411\u6bcd\u516c\u53f8\u4e2d\u570b\u92fc\u9435\u8207\u5144\u5f1f\u516c\u53f8\u4e2d\u9f8d\u92fc\u9435\u8cfc\u5165\u6241\u92fc\u80da\u53ca\u71b1\u8ecb\u92fc\u6372\uff0c\u52a0\u5de5\u88fd\u9020\u70ba\u71b1\u8ecb\u92fc\u6372\u3001\u51b7\u8ecb\u92fc\u6372\u7b49\u92fc\u9435\u7522\u54c1\u5f8c\u92b7\u552e\u3002<\/strong> \u516c\u53f8 1983 \u5e74 9 \u6708\u6210\u7acb\u30011992 \u5e74 2 \u6708\u4e0a\u5e02\uff0c\u7522\u696d\u985e\u5225\u70ba\u92fc\u9435\u5de5\u696d\uff0c\u767b\u8a18\u7684\u4e3b\u8981\u7d93\u71df\u696d\u52d9\u70ba\u300c\u92fc\u6372\u3001\u92fc\u7ba1\u300d\uff0c\u5be6\u6536\u8cc7\u672c\u984d 143.55 \u5104\u5143\u3002\u4e2d\u570b\u92fc\u9435\u81ea 2000 \u5e74 3 \u6708\u8d77\u53d6\u5f97\u7d93\u71df\u63a7\u5236\u6b0a\uff0c\u6301\u80a1 40.59%\u3002<\/p>\n<p><strong>\u6536\u5165\u5e7e\u4e4e\u5168\u90e8\u70ba\u92fc\u9435\u7522\u54c1\u7684\u92b7\u552e\u3002<\/strong> \u8ca1\u5831\u7684\u61c9\u5831\u5c0e\u90e8\u9580\u70ba\u672c\u516c\u53f8\uff08\u92fc\u9435\u7522\u54c1\u88fd\u9020\u3001\u52a0\u5de5\u53ca\u92b7\u552e\uff09\u8207\u5f9e\u4e8b\u4e00\u822c\u6295\u8cc7\u7684\u9d3b\u9ad8\u6295\u8cc7\uff0c\u5f8c\u8005\u7121\u5c0d\u5916\u71df\u6536\uff1b2026 \u5e74\u524d\u4e09\u5b63\u5408\u4f75\u71df\u6536 141.12 \u5104\u5143\u4e2d\uff0c\u5546\u54c1\u92b7\u552e\u6536\u5165 139.09 \u5104\u5143\uff0898.6%\uff09\u3001\u52de\u52d9\u6536\u5165 1.64 \u5104\u5143\u3001\u5176\u4ed6 0.39 \u5104\u5143\u3002\u8ca1\u5831\u672a\u63ed\u9732\u7522\u54c1\u5225\u6216\u5730\u5340\u5225\u7684\u71df\u6536\u62c6\u5206\u3002<\/p>\n<p><strong>\u539f\u6599\u9ad8\u5ea6\u4f86\u81ea\u96c6\u5718\u5167\u3002<\/strong> 2026 \u5e74\u524d\u4e09\u5b63\u5411\u6bcd\u516c\u53f8\u9032\u8ca8 43.05 \u5104\u5143\u3001\u5411\u4e2d\u9f8d\u92fc\u9435\u9032\u8ca8 35.94 \u5104\u5143\uff0c\u95dc\u4fc2\u4eba\u9032\u8ca8\u5408\u8a08 79.10 \u5104\u5143\uff08\u53bb\u5e74\u540c\u671f 59.83 \u5104\u5143\uff09\uff0c\u4e3b\u8981\u70ba\u6241\u92fc\u80da\u53ca\u71b1\u8ecb\u92fc\u6372\u3002\u4e3b\u8981\u539f\u6599\u70ba\u5916\u8cfc\u7684\u92fc\u80da\u8207\u92fc\u6372\uff0c\u6bdb\u5229\u56e0\u6b64\u53d7\u92fc\u54c1\u552e\u50f9\u8207\u539f\u6599\u6210\u672c\u4e4b\u9593\u7684\u50f9\u5dee\u5f71\u97ff\u3002<\/p>\n<p><strong>\u26a0 \u8a55\u4f30\u672c\u6a94\u6642\u61c9\u512a\u5148\u7559\u610f\u7684\u662f\u9023\u7e8c\u5169\u5e74\u7684\u8667\u640d\u8207 2026 \u5e74\u7684\u53cd\u8986\u3002<\/strong> \u5408\u4f75\u71df\u6536 2023 \u5e74 377.64 \u5104\u5143\u30012024 \u5e74 304.62 \u5104\u5143\u30012025 \u5e74 190.22 \u5104\u5143\uff0c\u5169\u5e74\u5408\u8a08\u6e1b\u5c11 49.6%\uff1b\u6bdb\u5229\u7387 1.4% \u2192 -2.4% \u2192 -8.4%\uff0c2024 \u5e74\u8207 2025 \u5e74\u71df\u696d\u6210\u672c\u5747\u9ad8\u65bc\u71df\u696d\u6536\u5165\uff1b\u6bcf\u80a1\u76c8\u9918 0.11 \u2192 -0.62 \u2192 -1.29 \u5143\u30022026 \u5e74\u7b2c 2 \u5b63\u55ae\u5b63\u8f49\u70ba\u7372\u5229\uff08\u6bcf\u80a1\u76c8\u9918 0.17 \u5143\uff09\uff0c\u7b2c 3 \u5b63\u53c8\u56de\u5230\u8667\u640d\uff08\u6bcf\u80a1\u8667\u640d 0.07 \u5143\uff09\uff0c\u524d\u4e09\u5b63\u7d2f\u8a08\u6b78\u5c6c\u6bcd\u516c\u53f8\u6de8\u5229 0.01 \u5104\u5143\uff0c\u63a5\u8fd1\u640d\u76ca\u5169\u5e73\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\",\"16,192\",\"16,544\",\"26,060\"],[\"12\u6708\",\"\uff0d\",\"1,300\",\"2,191\"],[\"11\u6708\",\"\uff0d\",\"1,179\",\"2,211\"],[\"10\u6708\",\"2,080\",\"1,306\",\"2,046\"],[\"9\u6708\",\"1,514\",\"1,599\",\"1,957\"],[\"8\u6708\",\"1,025\",\"1,450\",\"2,190\"],[\"7\u6708\",\"1,251\",\"1,067\",\"2,558\"],[\"6\u6708\",\"1,830\",\"1,237\",\"2,750\"],[\"5\u6708\",\"1,948\",\"1,869\",\"2,658\"],[\"4\u6708\",\"2,029\",\"2,255\",\"2,753\"],[\"3\u6708\",\"1,681\",\"2,234\",\"2,908\"],[\"2\u6708\",\"1,400\",\"1,853\",\"3,041\"],[\"1\u6708\",\"1,433\",\"1,673\",\"3,199\"]]},{\"key\":\"quarter\",\"label\":\"\u5b63\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026Q3\",\"2026Q2\",\"2026Q1\",\"2025Q4\",\"2025Q3\",\"2025Q2\",\"2025Q1\",\"2024Q4\"],\"rows\":[[\"\u71df\u6536\",\"3,790\",\"5,808\",\"4,514\",\"3,784\",\"4,117\",\"5,361\",\"5,760\",\"6,448\"],[\"\u5e74\u589e\u7387\",\"-7.9%\",\"+8.3%\",\"-21.6%\",\"-41.3%\",\"-38.6%\",\"-34.3%\",\"-37.0%\",\"-29.2%\"],[\"\u5b63\u589e\u7387\",\"-34.8%\",\"+28.7%\",\"+19.3%\",\"-8.1%\",\"-23.2%\",\"-6.9%\",\"-10.7%\",\"-3.8%\"]]},{\"key\":\"half\",\"label\":\"\u534a\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026H1\",\"2025H2\",\"2025H1\",\"2024H2\",\"2024H1\",\"2023H2\"],\"rows\":[[\"\u71df\u6536\",\"10,322\",\"7,901\",\"11,121\",\"13,153\",\"17,308\",\"18,506\"],[\"\u5e74\u589e\u7387\",\"-7.2%\",\"-39.9%\",\"-35.7%\",\"-28.9%\",\"-10.1%\",\"+15.2%\"],[\"\u534a\u5e74\u589e\u7387\",\"+30.6%\",\"-29.0%\",\"-15.5%\",\"-24.0%\",\"-6.5%\",\"-3.9%\"]]},{\"key\":\"year\",\"label\":\"\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026 (1~10\u6708)\",\"2025\",\"2024\"],\"rows\":[[\"\u71df\u6536\",\"16,192\",\"19,022\",\"30,462\"],[\"\u5e74\u589e\u7387\",\"-2.1%\",\"-37.6%\",\"-19.3%\"]]}]}","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\",\"3,784\",\"6,448\",\"9,105\",\"8,183\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"-139\",\"1\",\"185\",\"-895\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"-234\",\"-126\",\"56\",\"-1,045\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"-264\",\"-75\",\"88\",\"-1,046\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"-0.19\",\"-0.05\",\"0.06\",\"-0.73\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"-3.7%\",\"0.0%\",\"2.0%\",\"-10.9%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"-6.2%\",\"-1.9%\",\"0.6%\",\"-12.8%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"-7.0%\",\"-1.2%\",\"1.0%\",\"-12.8%\"]]},{\"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\",\"19,022\",\"30,462\",\"37,764\",\"44,503\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"-1,591\",\"-746\",\"512\",\"-1,126\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"-2,008\",\"-1,241\",\"-29\",\"-1,761\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"-1,848\",\"-892\",\"159\",\"-990\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"\uff0d\",\"-1.29\",\"-0.62\",\"0.11\",\"-0.69\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"-8.4%\",\"-2.4%\",\"1.4%\",\"-2.5%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"-10.6%\",\"-4.1%\",\"-0.1%\",\"-4.0%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"-9.7%\",\"-2.9%\",\"0.4%\",\"-2.2%\"]]}]},{\"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\",\"3,790\",\"4,117\",\"6,705\",\"9,400\",\"7,879\"],[\"\u71df\u696d\u6bdb\u5229\",\"-13\",\"-447\",\"-718\",\"-181\",\"-1,931\"],[\"\u71df\u696d\u5229\u76ca\",\"-100\",\"-548\",\"-834\",\"-304\",\"-2,057\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-100\",\"-535\",\"-609\",\"-110\",\"-1,126\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"-0.07\",\"-0.37\",\"-0.42\",\"-0.08\",\"-0.78\"],[\"\u6bdb\u5229\u7387\",\"-0.3%\",\"-10.9%\",\"-10.7%\",\"-1.9%\",\"-24.5%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"-2.7%\",\"-13.3%\",\"-12.4%\",\"-3.2%\",\"-26.1%\"],[\"\u6de8\u5229\u7387\",\"-2.6%\",\"-13.0%\",\"-9.1%\",\"-1.2%\",\"-14.3%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~9\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"14,112\",\"15,237\",\"24,014\",\"28,659\",\"36,320\"],[\"\u71df\u696d\u6bdb\u5229\",\"302\",\"-1,452\",\"-747\",\"327\",\"-230\"],[\"\u71df\u696d\u5229\u76ca\",\"19\",\"-1,774\",\"-1,115\",\"-85\",\"-715\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"1\",\"-1,584\",\"-816\",\"71\",\"56\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"0.00\",\"-1.10\",\"-0.57\",\"0.05\",\"0.04\"],[\"\u6bdb\u5229\u7387\",\"2.1%\",\"-9.5%\",\"-3.1%\",\"1.1%\",\"-0.6%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"0.1%\",\"-11.6%\",\"-4.6%\",\"-0.3%\",\"-2.0%\"],[\"\u6de8\u5229\u7387\",\"0.0%\",\"-10.4%\",\"-3.4%\",\"0.2%\",\"0.2%\"]]}]},{\"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\",\"5,808\",\"5,361\",\"8,160\",\"9,735\",\"16,031\"],[\"\u71df\u696d\u6bdb\u5229\",\"357\",\"-821\",\"-212\",\"-115\",\"1,076\"],[\"\u71df\u696d\u5229\u76ca\",\"254\",\"-933\",\"-332\",\"-251\",\"890\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"248\",\"-838\",\"-267\",\"-214\",\"680\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"0.17\",\"-0.58\",\"-0.19\",\"-0.15\",\"0.47\"],[\"\u6bdb\u5229\u7387\",\"6.2%\",\"-15.3%\",\"-2.6%\",\"-1.2%\",\"6.7%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"4.4%\",\"-17.4%\",\"-4.1%\",\"-2.6%\",\"5.6%\"],[\"\u6de8\u5229\u7387\",\"4.3%\",\"-15.6%\",\"-3.3%\",\"-2.2%\",\"4.2%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~6\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"10,322\",\"11,121\",\"17,308\",\"19,259\",\"28,441\"],[\"\u71df\u696d\u6bdb\u5229\",\"314\",\"-1,005\",\"-29\",\"509\",\"1,700\"],[\"\u71df\u696d\u5229\u76ca\",\"120\",\"-1,227\",\"-281\",\"219\",\"1,342\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"101\",\"-1,049\",\"-207\",\"181\",\"1,182\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"0.07\",\"-0.73\",\"-0.14\",\"0.13\",\"0.82\"],[\"\u6bdb\u5229\u7387\",\"3.0%\",\"-9.0%\",\"-0.2%\",\"2.6%\",\"6.0%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"1.2%\",\"-11.0%\",\"-1.6%\",\"1.1%\",\"4.7%\"],[\"\u6de8\u5229\u7387\",\"1.0%\",\"-9.4%\",\"-1.2%\",\"0.9%\",\"4.2%\"]]}]},{\"key\":\"Q1\",\"label\":\"Q1\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff081~3\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"4,514\",\"5,760\",\"9,148\",\"9,524\",\"12,410\"],[\"\u71df\u696d\u6bdb\u5229\",\"-43\",\"-184\",\"183\",\"623\",\"625\"],[\"\u71df\u696d\u5229\u76ca\",\"-134\",\"-294\",\"51\",\"471\",\"452\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-147\",\"-211\",\"60\",\"395\",\"502\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"-0.10\",\"-0.15\",\"0.04\",\"0.28\",\"0.35\"],[\"\u6bdb\u5229\u7387\",\"-1.0%\",\"-3.2%\",\"2.0%\",\"6.5%\",\"5.0%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"-3.0%\",\"-5.1%\",\"0.6%\",\"4.9%\",\"3.6%\"],[\"\u6de8\u5229\u7387\",\"-3.3%\",\"-3.7%\",\"0.7%\",\"4.1%\",\"4.0%\"]]}]}]}","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\",\"-0.3%\",\"6.2%\",\"-1.0%\",\"-3.7%\",\"-10.9%\",\"-15.3%\",\"-3.2%\",\"0.0%\"],[\"\u6de8\u5229\u7387\",\"-2.6%\",\"4.3%\",\"-3.3%\",\"-7.0%\",\"-13.0%\",\"-15.6%\",\"-3.7%\",\"-1.2%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"-0.2%\",\"5.5%\",\"-0.6%\",\"-2.0%\",\"-6.2%\",\"-10.7%\",\"-2.4%\",\"0.0%\"],[\"ROCE*\",\"-0.6%\",\"5.8%\",\"-1.8%\",\"-3.2%\",\"-8.4%\",\"-14.8%\",\"-3.5%\",\"-1.2%\"]]},{\"title\":\"\u6210\u9577\u6027\",\"head\":[\"\",\"2026 Q3\",\"2026 Q2\",\"2026 Q1\",\"2025 Q4\",\"2025 Q3\",\"2025 Q2\",\"2025 Q1\",\"2024 Q4\"],\"rows\":[[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"-7.9%\",\"+8.3%\",\"-21.6%\",\"-41.3%\",\"-38.6%\",\"-34.3%\",\"-37.0%\",\"-29.2%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+81.3%\",\"+129.6%\",\"+30.3%\",\"-249.4%\",\"+12.1%\",\"-213.5%\",\"-452.6%\",\"-185.6%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-615.5%\",\"-65.3%\",\"+377.4%\",\"+175.8%\",\"+373.6%\",\"+765.5%\",\"+25.8%\",\"-37.5%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-711.3%\",\"-69.4%\",\"+334.1%\",\"+299.1%\",\"+216.0%\",\"+6394.1%\",\"+30.8%\",\"-48.9%\"]]},{\"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\",\"9.4\",\"5.3\",\"5.6\",\"5.7\",\"4.5\",\"5.4\",\"7.3\",\"6.3\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"101.2\",\"56.3\",\"73.0\",\"104.6\",\"111.1\",\"105.1\",\"117.6\",\"108.5\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"2.4\",\"1.9\",\"0.7\",\"0.7\",\"3.9\",\"6.2\",\"3.8\",\"2.7\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"108.2\",\"59.8\",\"77.8\",\"109.6\",\"111.7\",\"104.4\",\"121.1\",\"112.1\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.55\",\"1.40\",\"1.34\",\"1.47\",\"1.44\",\"1.38\",\"1.69\",\"1.48\"],[\"\u901f\u52d5\u6bd4\u7387\",\"0.76\",\"0.78\",\"0.76\",\"0.75\",\"0.66\",\"0.58\",\"0.60\",\"0.54\"]]}]},{\"key\":\"year\",\"label\":\"\u5e74\u5ea6\",\"tables\":[{\"title\":\"\u7372\u5229\u80fd\u529b\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u6bdb\u5229\u7387\",\"-8.4%\",\"-2.4%\",\"1.4%\",\"-2.5%\",\"14.0%\"],[\"\u6de8\u5229\u7387\",\"-9.7%\",\"-2.9%\",\"0.4%\",\"-2.2%\",\"11.8%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"-5.5%\",\"-2.4%\",\"1.5%\",\"-3.0%\",\"23.4%\"],[\"ROCE*\",\"-7.7%\",\"-4.1%\",\"1.5%\",\"-4.0%\",\"28.5%\"]]},{\"title\":\"\u6210\u9577\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"-37.6%\",\"-19.3%\",\"-15.1%\",\"-17.2%\",\"+46.1%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"-107.2%\",\"-659.8%\",\"+116.1%\",\"-115.6%\",\"+1102.1%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+2262.4%\",\"-106.4%\",\"+6297.4%\",\"-98.6%\",\"-57.3%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+416.0%\",\"-150.5%\",\"+563.5%\",\"-117.7%\",\"-61.6%\"]]},{\"title\":\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"7.1\",\"6.7\",\"4.2\",\"4.8\",\"6.0\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"100.2\",\"92.6\",\"89.8\",\"89.9\",\"67.0\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"0.4\",\"0.5\",\"3.0\",\"7.6\",\"5.5\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"106.8\",\"98.7\",\"91.1\",\"87.1\",\"67.5\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.47\",\"1.48\",\"1.51\",\"1.43\",\"1.74\"],[\"\u901f\u52d5\u6bd4\u7387\",\"0.75\",\"0.54\",\"0.55\",\"0.60\",\"0.44\"]]}]}]}","ifam_chips":"{\"date\":\"2026-11-12\",\"label\":\"11\/12\u7576\u65e5\",\"volume_lot\":\"1,645\",\"avg_price\":\"15.14\",\"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 15.14 \u5143\u63a8\u7b97\uff1b\u7576\u65e5\u7e3d\u6210\u4ea4\u91cf 1,645 \u5f35\u3002\",\"groups\":[{\"name\":\"\u5916\u8cc7\",\"dir\":\"down\",\"streak\":\"\u90231\u8cb7\u2192\u90234\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"295\",\"758\",\"-464\"],[\"\u91d1\u984d(\u5143)\",\"446\u842c\",\"1,148\u842c\",\"-702\u842c\"],[\"\u5747\u50f9(\u5143)\",\"15.14\",\"15.14\",\"15.14\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"17.9%\",\"46.1%\",\"\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)\",\"15.14\",\"15.14\",\"15.14\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"0.0%\",\"0.0%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u81ea\u71df\u5546\",\"dir\":\"down\",\"streak\":\"\u90232\u8cb7\u2192\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"0\",\"98\",\"-98\"],[\"\u91d1\u984d(\u5143)\",\"0\u842c\",\"148\u842c\",\"-148\u842c\"],[\"\u5747\u50f9(\u5143)\",\"15.14\",\"15.14\",\"15.14\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"0.0%\",\"6.0%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u4e09\u5927\u6cd5\u4eba\",\"dir\":\"down\",\"streak\":\"\u90231\u8cb7\u2192\u90234\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"295\",\"856\",\"-562\"],[\"\u91d1\u984d(\u5143)\",\"446\u842c\",\"1,296\u842c\",\"-850\u842c\"],[\"\u5747\u50f9(\u5143)\",\"15.14\",\"15.14\",\"15.14\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"17.9%\",\"52.0%\",\"\u4e0d\u9069\u7528\"]]}]}","ifam_candle":"{\"date\":\"2026-11-13\",\"label\":\"11\/13\",\"today\":[],\"recent\":[{\"rule\":\"9-4\",\"name\":\"\u9318\u5b50\u7dda\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u9318\u5b50\u7dda\uff0c\u4f46\u7576\u65e5\u6536\u76e4\u6c92\u6709\u7ad9\u4e0a\u9318\u5b50\u7dda\u7684\u9ad8\u9ede\u3002\u4e0b\u65b9\u7684\u627f\u63a5\u9084\u6c92\u6709\u8f49\u6210\u653b\u52e2\uff0c\u80a1\u50f9\u65b9\u5411\u4ecd\u4e0d\u660e\u6717\u3002\",\"date\":\"11\/12\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"rule\":\"9-2\",\"name\":\"\u9577\u4e0b\u5f71\u9318\u5b50\u7dda\",\"level\":\"\u8f03\u5f37\u9810\u8b66\",\"dir\":\"up\",\"text\":\"\u80a1\u50f9\u4e0b\u8dcc\u4e00\u6bb5\u5f8c\uff0c\u51fa\u73fe\u4e00\u6839\u4e0b\u5f71\u7dda\u7279\u5225\u9577\u7684K\u7dda\uff0c\u6536\u76e4\u6536\u5728\u63a5\u8fd1\u7576\u65e5\u9ad8\u9ede\u7684\u4f4d\u7f6e\u3002\u76e4\u4e2d\u7684\u8ce3\u58d3\u5e7e\u4e4e\u88ab\u5168\u6578\u8cb7\u56de\uff0c\u4e0b\u65b9\u627f\u63a5\u7684\u529b\u9053\u6bd4\u4e00\u822c\u7684\u9318\u5b50\u7dda\u66f4\u660e\u986f\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u6b62\u8dcc\u56de\u5347\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"11\/11\",\"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\":\"11\/03\",\"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\/02\",\"dir_word\":\"\u504f\u591a\"},{\"rule\":\"1-6\",\"name\":\"\u7a7a\u982d\u6bcd\u5b50\u7dda\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u7a7a\u982d\u6bcd\u5b50\u7dda\uff0c\u4f46\u7576\u65e5\u6c92\u6709\u6536\u4f4e\u7684\u9ed1K\u8ddf\u9032\u3002\u8f49\u5f31\u7684\u8a0a\u865f\u6c92\u6709\u88ab\u78ba\u8a8d\uff0c\u4ecd\u5c6c\u6574\u7406\uff0c\u80a1\u50f9\u65b9\u5411\u4ecd\u4e0d\u660e\u6717\u3002\",\"date\":\"10\/20\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"rule\":\"1-4\",\"name\":\"\u7a7a\u982d\u6bcd\u5b50\u7dda\",\"level\":\"\u9810\u8b66\",\"dir\":\"down\",\"text\":\"\u80a1\u50f9\u4e0a\u6f32\u4e00\u6bb5\u5f8c\uff0c\u9577\u7d05K\u7684\u9694\u65e5\u51fa\u73fe\u4e00\u6839\u5c0fK\u7dda\uff0c\u800c\u4e14\u6c92\u6709\u518d\u5275\u65b0\u9ad8\u3002\u8ffd\u50f9\u7684\u529b\u9053\u66ab\u6642\u505c\u4e86\u4e0b\u4f86\uff0c\u4f46\u53ea\u4ee3\u8868\u6f32\u52e2\u505c\u9813\uff0c\u65b9\u5411\u9084\u6c92\u6709\u8868\u614b\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u7531\u6f32\u8f49\u8dcc\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"10\/19\",\"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\":[\"0\",\"0\"]},{\"k\":\"\u8ce3\u51fa\",\"v\":[\"0\",\"0\"]},{\"k\":\"\u73fe\u511f\",\"v\":[\"0\",\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"0\",\"0\"],\"t\":[\"\",\"\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"510\",\"0\"]},{\"k\":\"\u4f7f\u7528\u7387\",\"v\":[\"\u2014\",\"\u2014\"]},{\"k\":\"\u9023\u589e\u9023\u6e1b\",\"v\":[\"\u6301\u5e73\",\"\u6301\u5e73\"],\"t\":[\"\",\"\"]},{\"k\":\"\u8cc7\u5238\u4e92\u62b5\",\"v\":[\"\",\"0\"]},{\"k\":\"\u8cc7\u5238\u7576\u6c96\",\"v\":[\"\",\"0.0%\"]},{\"k\":\"\u5238\u8cc7\u6bd4\",\"v\":[\"\",\"0.0%\"]}]},{\"head\":[\"11\/12\u7576\u65e5\",\"\u501f\u5238\u8ce3\u51fa(\u5f35)\"],\"rows\":[{\"k\":\"\u8ce3\u51fa\",\"v\":[\"0\"]},{\"k\":\"\u9084\u5238\",\"v\":[\"200\"]},{\"k\":\"\u8abf\u6574\",\"v\":[\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"-200\"],\"t\":[\"down\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"253\"]},{\"k\":\"\u6b21\u65e5\u9650\u984d\",\"v\":[\"76\"]}]}],\"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\",\"30,462\",\"19,022\",\"20,080\",\"21,130\",\"\"],[\"\u71df\u696d\u6bdb\u5229\",\"-746\",\"-1,591\",\"\",\"\",\"\"],[\"\u71df\u696d\u5229\u76ca\",\"-1,241\",\"-2,008\",\"\",\"\",\"\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-892\",\"-1,848\",\"\",\"\",\"\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"-0.62\",\"-1.29\",\"\",\"\",\"\"],[\"\u6bdb\u5229\u7387\",\"-2.4%\",\"-8.4%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u7387\",\"-2.9%\",\"-9.7%\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u589e\u7387 (YoY,%)\",\"-19.3%\",\"-37.6%\",\"5.6%\",\"5.2%\",\"\"],[\"\u6de8\u5229\u5e74\u589e\u7387 (YoY,%)\",\"-659.8%\",\"\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\u8868\u4e00 (E)\uff0f(F) \u6b04\u70ba\u672c\u516c\u53f8\u6574\u7406\u81ea\u516c\u958b\u8cc7\u8a0a\uff0c\u975e\u516c\u53f8\u516c\u5e03\u4e4b\u6578\u5b57\uff0c\u4ea6\u4e0d\u4ee3\u8868\u524d\u9032\u667a\u80fd\u6295\u9867\u4e4b\u89c0\u9ede\u3002\"]},{\"title\":\"\u57fa\u790e\u8ca1\u52d9\u8cc7\u8a0a\uff0d\u904e\u53bb\u4e94\u5b63\",\"header\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2025 Q3\",\"2025 Q4\",\"2026 Q1\",\"2026 Q2\",\"2026 Q3\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"4,117\",\"3,784\",\"4,514\",\"5,808\",\"3,790\"],[\"\u71df\u696d\u6bdb\u5229\",\"-447\",\"-139\",\"-43\",\"357\",\"-13\"],[\"\u71df\u696d\u5229\u76ca\",\"-548\",\"-234\",\"-134\",\"254\",\"-100\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"-535\",\"-264\",\"-147\",\"248\",\"-100\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\",\"-0.37\",\"-0.19\",\"-0.10\",\"0.17\",\"-0.07\"]],\"notes\":[]},{\"title\":\"\u95dc\u9375\u8ca1\u52d9\u6307\u6a19\",\"header\":[\"\",\"2025 Q3\",\"2025 Q4\",\"2026 Q1\",\"2026 Q2\",\"2026 Q3\"],\"rows\":[[\"\u7372\u5229\u80fd\u529b\",\"\",\"\",\"\",\"\",\"\"],[\"\u6bdb\u5229\u7387\",\"-10.9%\",\"-3.7%\",\"-1.0%\",\"6.2%\",\"-0.3%\"],[\"\u6de8\u5229\u7387\",\"-13.0%\",\"-7.0%\",\"-3.3%\",\"4.3%\",\"-2.6%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"-6.2%\",\"-2.0%\",\"-0.6%\",\"5.5%\",\"-0.2%\"],[\"ROCE*\",\"-8.4%\",\"-3.2%\",\"-1.8%\",\"5.8%\",\"-0.6%\"],[\"\u6210\u9577\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"-38.6%\",\"-41.3%\",\"-21.6%\",\"+8.3%\",\"-7.9%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+12.1%\",\"-249.4%\",\"+30.3%\",\"+129.6%\",\"+81.3%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+373.6%\",\"+175.8%\",\"+377.4%\",\"-65.3%\",\"-615.5%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+216.0%\",\"+299.1%\",\"+334.1%\",\"-69.4%\",\"-711.3%\"],[\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"4.5\",\"5.7\",\"5.6\",\"5.3\",\"9.4\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"111.1\",\"104.6\",\"73.0\",\"56.3\",\"101.2\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"3.9\",\"0.7\",\"0.7\",\"1.9\",\"2.4\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"111.7\",\"109.6\",\"77.8\",\"59.8\",\"108.2\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.44\",\"1.47\",\"1.34\",\"1.40\",\"1.55\"],[\"\u901f\u52d5\u6bd4\u7387\",\"0.66\",\"0.75\",\"0.76\",\"0.78\",\"0.76\"]],\"notes\":[]}]","ifam_fin_note":"<p>2026 \u5e74\u524d\u4e09\u5b63\u5408\u4f75\u71df\u6536 141.12 \u5104\u5143\u3001\u5e74\u6e1b 7.4%\uff0c\u6bdb\u5229 3.02 \u5104\u5143\uff08\u53bb\u5e74\u540c\u671f\u6bdb\u640d 14.52 \u5104\u5143\uff09\u3001\u71df\u696d\u5229\u76ca 0.19 \u5104\u5143\uff08\u53bb\u5e74\u540c\u671f\u71df\u696d\u640d\u5931 17.74 \u5104\u5143\uff09\u3001\u6b78\u5c6c\u6bcd\u516c\u53f8\u6de8\u5229 0.01 \u5104\u5143\uff08\u53bb\u5e74\u540c\u671f\u6de8\u640d 15.84 \u5104\u5143\uff09\u3002<\/p>\n<p><strong>\u26a0 \u55ae\u5b63\u640d\u76ca\u5728 2026 \u5e74\u51fa\u73fe\u5169\u6b21\u8f49\u5411\u3002<\/strong> 2025 \u5e74\u7b2c 3 \u5b63\u71df\u6536 41.17 \u5104\u5143\u3001\u6bdb\u5229\u7387 -10.9%\u3001\u6bcf\u80a1\u8667\u640d 0.37 \u5143\uff1b\u7b2c 4 \u5b63 37.84 \u5104\u5143\u3001-3.7%\u3001\u6bcf\u80a1\u8667\u640d 0.19 \u5143\uff1b2026 \u5e74\u7b2c 1 \u5b63 45.14 \u5104\u5143\u3001-1.0%\u3001\u6bcf\u80a1\u8667\u640d 0.10 \u5143\uff1b<strong>\u7b2c 2 \u5b63 58.08 \u5104\u5143\u30016.2%\u3001\u6bcf\u80a1\u76c8\u9918 0.17 \u5143<\/strong>\uff1b<strong>\u7b2c 3 \u5b63 37.90 \u5104\u5143\u3001-0.3%\u3001\u6bcf\u80a1\u8667\u640d 0.07 \u5143<\/strong>\u3002\u7b2c 3 \u5b63\u71df\u6536\u8f03\u7b2c 2 \u5b63\u6e1b\u5c11 34.8%\uff0c\u6bdb\u5229\u7531\u6b63\u8f49\u8ca0\u3002<\/p>\n<p><strong>\u5b58\u8ca8\u8dcc\u50f9\u7684\u65b9\u5411\u7531\u640d\u5931\u8f49\u70ba\u56de\u5347\u3002<\/strong> 2026 \u5e74\u524d\u4e09\u5b63\u8a8d\u5217\u5b58\u8ca8\u8dcc\u50f9\u56de\u5347\u5229\u76ca 1.67 \u5104\u5143\uff0c\u53bb\u5e74\u540c\u671f\u70ba\u640d\u5931 1.79 \u5104\u5143\uff1b\u7b2c 3 \u5b63\u55ae\u5b63\u56de\u5347\u5229\u76ca 0.36 \u5104\u5143\uff08\u53bb\u5e74\u540c\u671f\u56de\u5347\u5229\u76ca 1.54 \u5104\u5143\uff09\u3002\u8ca1\u5831\u8aaa\u660e\u56de\u5347\u5229\u76ca\u4fc2\u300c\u5148\u524d\u5c0e\u81f4\u5b58\u8ca8\u6de8\u8b8a\u73fe\u50f9\u503c\u4f4e\u65bc\u6210\u672c\u56e0\u7d20\u5df2\u6d88\u5931\u300d\u3002<\/p>\n<p><strong>\u696d\u5916\u9805\u76ee\u91d1\u984d\u4e0d\u5927\u3002<\/strong> 2026 \u5e74\u524d\u4e09\u5b63\u5176\u4ed6\u6536\u5165 1.02 \u5104\u5143\uff08\u5176\u4e2d\u79df\u91d1\u6536\u5165 0.79 \u5104\u5143\uff09\u3001\u5176\u4ed6\u5229\u76ca\u53ca\u640d\u5931 0.07 \u5104\u5143\uff1b\u53bb\u5e74\u540c\u671f\u5206\u5225\u70ba 1.36 \u5104\u5143\u8207 0.48 \u5104\u5143\u30022026 \u5e74\u4e0a\u534a\u5e74\u8ca1\u52d9\u6210\u672c 1.02 \u5104\u5143\uff0c\u8207\u540c\u671f\u71df\u696d\u5229\u76ca 1.20 \u5104\u5143\u76f8\u7576\u3002<\/p>\n<p>\u8a3b\uff1a\u672c\u8868\u63a1 2025 \u5e74\u7b2c 3 \u5b63\u81f3 2026 \u5e74\u7b2c 3 \u5b63\u3002\u8667\u640d\u671f\u9593\u8ca1\u5831\u672a\u5217\u793a\u7a00\u91cb\u6bcf\u80a1\u76c8\u9918\uff0c\u5404\u671f\u5747\u5217\u57fa\u672c\u6bcf\u80a1\u76c8\u9918\u3002\u7a05\u5f8c\u6de8\u5229\u63a1\u6b78\u5c6c\u6bcd\u516c\u53f8\u696d\u4e3b\u6de8\u5229\u3002<\/p>\n","ifam_metrics_note":"<p>\u26a0 \u6bdb\u5229\u7387\u53cd\u6620\u92fc\u54c1\u552e\u50f9\u8207\u6241\u92fc\u80da\u3001\u71b1\u8ecb\u92fc\u6372\u9032\u8ca8\u6210\u672c\u7684\u50f9\u5dee\uff0c\u4e26\u53d7\u5b58\u8ca8\u8dcc\u50f9\u640d\u5931\u6216\u56de\u5347\u5229\u76ca\u5f71\u97ff\uff0c\u5b63\u8207\u5b63\u4e4b\u9593\u7684\u6ce2\u52d5\u5e45\u5ea6\u5927\u3002<\/p>\n","ifam_price":"{\"symbol\":\"2014\",\"name\":\"\u4e2d\u9d3b\",\"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\":14.8,\"open\":15.1,\"high\":15.1,\"low\":14.7,\"prev_close\":14.9,\"change\":-0.1,\"change_pct\":-0.67,\"range\":0.4,\"amount\":\"3,024 \u842c\u5143\",\"volume\":2043,\"avg_volume_3m\":2178,\"market_cap\":\"212.5 \u5104\u5143\",\"shares\":\"14.36 \u5104\u80a1\"},\"annual\":[{\"year\":2026,\"pct\":-6.03,\"ytd\":true},{\"year\":2025,\"pct\":-11.27},{\"year\":2024,\"pct\":-31.54},{\"year\":2023,\"pct\":-1.22},{\"year\":2022,\"pct\":-27.97},{\"year\":2021,\"pct\":163.06},{\"year\":2020,\"pct\":47.89},{\"year\":2019,\"pct\":0.48},{\"year\":2018,\"pct\":-13.71},{\"year\":2017,\"pct\":30.25}],\"series\":[[\"2025-11-13\",14.85],[\"2025-11-14\",14.9],[\"2025-11-17\",14.55],[\"2025-11-18\",14.25],[\"2025-11-19\",14.05],[\"2025-11-20\",14.2],[\"2025-11-21\",14.05],[\"2025-11-24\",14.35],[\"2025-11-25\",14.65],[\"2025-11-26\",15.2],[\"2025-11-27\",15.25],[\"2025-11-28\",14.95],[\"2025-12-01\",15.3],[\"2025-12-02\",15.7],[\"2025-12-03\",15.5],[\"2025-12-04\",15.6],[\"2025-12-05\",15.35],[\"2025-12-08\",15.1],[\"2025-12-09\",15],[\"2025-12-10\",14.85],[\"2025-12-11\",14.7],[\"2025-12-12\",15.2],[\"2025-12-15\",15.85],[\"2025-12-16\",15.35],[\"2025-12-17\",15.25],[\"2025-12-18\",15.05],[\"2025-12-19\",15.25],[\"2025-12-22\",15.4],[\"2025-12-23\",15.35],[\"2025-12-24\",15.55],[\"2025-12-26\",15.95],[\"2025-12-29\",16],[\"2025-12-30\",16.2],[\"2025-12-31\",15.75],[\"2026-01-02\",15.65],[\"2026-01-05\",15.65],[\"2026-01-06\",15.8],[\"2026-01-07\",17.2],[\"2026-01-08\",16.55],[\"2026-01-09\",16.35],[\"2026-01-12\",16.65],[\"2026-01-13\",16.7],[\"2026-01-14\",16.6],[\"2026-01-15\",16.85],[\"2026-01-16\",16.6],[\"2026-01-19\",16.9],[\"2026-01-20\",16.6],[\"2026-01-21\",16.2],[\"2026-01-22\",16.25],[\"2026-01-23\",16.5],[\"2026-01-26\",17.05],[\"2026-01-27\",16.75],[\"2026-01-28\",17.05],[\"2026-01-29\",18.75],[\"2026-01-30\",19.75],[\"2026-02-02\",19.95],[\"2026-02-03\",19.45],[\"2026-02-04\",19.4],[\"2026-02-05\",18.9],[\"2026-02-06\",18.1],[\"2026-02-09\",18],[\"2026-02-10\",18.1],[\"2026-02-11\",18.15],[\"2026-02-23\",18.05],[\"2026-02-24\",18],[\"2026-02-25\",18.8],[\"2026-02-26\",18.15],[\"2026-03-02\",18.05],[\"2026-03-03\",17.55],[\"2026-03-04\",16.75],[\"2026-03-05\",17.15],[\"2026-03-06\",18.05],[\"2026-03-09\",17.3],[\"2026-03-10\",17.35],[\"2026-03-11\",17.85],[\"2026-03-12\",17.65],[\"2026-03-13\",17.35],[\"2026-03-16\",17.35],[\"2026-03-17\",17.8],[\"2026-03-18\",18.05],[\"2026-03-19\",17.85],[\"2026-03-20\",19.6],[\"2026-03-23\",18.15],[\"2026-03-24\",18.45],[\"2026-03-25\",18.75],[\"2026-03-26\",18.8],[\"2026-03-27\",18.6],[\"2026-03-30\",18.4],[\"2026-03-31\",18],[\"2026-04-01\",18.3],[\"2026-04-02\",18.3],[\"2026-04-07\",18.4],[\"2026-04-08\",18.65],[\"2026-04-09\",18.9],[\"2026-04-10\",18.55],[\"2026-04-13\",18.45],[\"2026-04-14\",18.7],[\"2026-04-15\",18.5],[\"2026-04-16\",18.55],[\"2026-04-17\",18.65],[\"2026-04-20\",18.6],[\"2026-04-21\",18.3],[\"2026-04-22\",18.05],[\"2026-04-23\",17.35],[\"2026-04-24\",17.15],[\"2026-04-27\",16.95],[\"2026-04-28\",17.85],[\"2026-04-29\",18.05],[\"2026-04-30\",17.6],[\"2026-05-04\",17.4],[\"2026-05-05\",17.5],[\"2026-05-06\",18.05],[\"2026-05-07\",18.2],[\"2026-05-08\",17.85],[\"2026-05-11\",18.1],[\"2026-05-12\",17.95],[\"2026-05-13\",17.95],[\"2026-05-14\",17.9],[\"2026-05-15\",17.3],[\"2026-05-18\",17.1],[\"2026-05-19\",17.05],[\"2026-05-20\",17],[\"2026-05-21\",17.25],[\"2026-05-22\",17.15],[\"2026-05-25\",18.85],[\"2026-05-26\",18.1],[\"2026-05-27\",18],[\"2026-05-28\",17.85],[\"2026-05-29\",18.35],[\"2026-06-01\",18.5],[\"2026-06-02\",18.2],[\"2026-06-03\",18.8],[\"2026-06-04\",18.7],[\"2026-06-05\",18.75],[\"2026-06-08\",17.65],[\"2026-06-09\",17.7],[\"2026-06-10\",17.5],[\"2026-06-11\",17.45],[\"2026-06-12\",18],[\"2026-06-15\",18.15],[\"2026-06-16\",17.85],[\"2026-06-17\",17.65],[\"2026-06-18\",17.7],[\"2026-06-22\",17.8],[\"2026-06-23\",17.7],[\"2026-06-24\",17.8],[\"2026-06-25\",17.8],[\"2026-06-26\",17.5],[\"2026-06-29\",17.4],[\"2026-06-30\",17.25],[\"2026-07-01\",17.1],[\"2026-07-02\",17.2],[\"2026-07-03\",17.85],[\"2026-07-06\",17.6],[\"2026-07-07\",17.2],[\"2026-07-08\",17.2],[\"2026-07-09\",17.15],[\"2026-07-13\",17.05],[\"2026-07-14\",17],[\"2026-07-15\",17.35],[\"2026-07-16\",17.6],[\"2026-07-17\",17.05],[\"2026-07-20\",16.9],[\"2026-07-21\",16.95],[\"2026-07-22\",17.15],[\"2026-07-23\",17.35],[\"2026-07-24\",17.4],[\"2026-07-27\",17.2],[\"2026-07-28\",16.95],[\"2026-07-29\",16.8],[\"2026-07-30\",16.6],[\"2026-07-31\",16.6],[\"2026-08-03\",16.7],[\"2026-08-04\",16.75],[\"2026-08-05\",16.85],[\"2026-08-06\",17.15],[\"2026-08-07\",17.65],[\"2026-08-10\",17.95],[\"2026-08-11\",17.65],[\"2026-08-12\",17.45],[\"2026-08-13\",17.3],[\"2026-08-14\",16.95],[\"2026-08-17\",17.1],[\"2026-08-18\",16.95],[\"2026-08-19\",16.9],[\"2026-08-20\",17.35],[\"2026-08-21\",17.5],[\"2026-08-24\",17.3],[\"2026-08-25\",17.2],[\"2026-08-26\",17.25],[\"2026-08-27\",17.15],[\"2026-08-28\",17.05],[\"2026-08-31\",17.05],[\"2026-09-01\",17.05],[\"2026-09-02\",16.95],[\"2026-09-03\",16.9],[\"2026-09-04\",17],[\"2026-09-07\",17],[\"2026-09-08\",17],[\"2026-09-09\",17.05],[\"2026-09-10\",16.9],[\"2026-09-11\",16.65],[\"2026-09-14\",16.5],[\"2026-09-15\",16.25],[\"2026-09-16\",16.35],[\"2026-09-17\",16.55],[\"2026-09-18\",16.55],[\"2026-09-21\",16.55],[\"2026-09-22\",16.6],[\"2026-09-23\",16.65],[\"2026-09-24\",16.9],[\"2026-09-29\",16.8],[\"2026-09-30\",17.4],[\"2026-10-01\",17.1],[\"2026-10-02\",17.1],[\"2026-10-05\",16.85],[\"2026-10-06\",16.95],[\"2026-10-07\",16.9],[\"2026-10-08\",16.95],[\"2026-10-12\",16.95],[\"2026-10-13\",16.85],[\"2026-10-14\",17.2],[\"2026-10-15\",16.85],[\"2026-10-16\",17.15],[\"2026-10-19\",17.05],[\"2026-10-20\",16.9],[\"2026-10-21\",16.95],[\"2026-10-22\",16.95],[\"2026-10-27\",17.05],[\"2026-10-28\",17],[\"2026-10-29\",16.85],[\"2026-10-30\",16.2],[\"2026-11-02\",16.35],[\"2026-11-03\",16],[\"2026-11-04\",15.7],[\"2026-11-05\",15.2],[\"2026-11-06\",14.65],[\"2026-11-09\",15.15],[\"2026-11-10\",15.1],[\"2026-11-11\",15.1],[\"2026-11-12\",14.9],[\"2026-11-13\",14.8]]}","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":"","ifam_val_profit":"<p>\u76ee\u524d\u5e02\u5834\u666e\u904d\u9810\u4f30\uff0c\u4e2d\u9d3b\uff082014\uff092026 \u5e74\u71df\u6536\u7d04 200.8 \u5104\u5143\u30012027 \u5e74\u7d04 211.3 \u5104\u5143\uff1b\u6bcf\u80a1\u76c8\u9918\u7684\u9810\u4f30\u5206\u6b67\u8f03\u5927\uff0c\u4ee5\u4e0b\u50c5\u5217\u793a\u5340\u9593\u3002<\/p>\n<ul>\n<li><strong>2026 \u5e74\uff1a\u71df\u6536\u6b62\u8dcc\uff0c\u7372\u5229\u63a5\u8fd1\u640d\u76ca\u5169\u5e73\u3002<\/strong> \u5171\u8b58\u71df\u6536 200.8 \u5104\u5143\uff08\u5e74\u589e 5.6%\uff09\uff0c\u9810\u4f30\u5340\u9593 195.0\uff5e212.1 \u5104\u5143\uff1b2025 \u5e74\u71df\u6536\u70ba 190.22 \u5104\u5143\u3001\u5e74\u6e1b 37.6%\uff0c\u6bcf\u80a1\u8667\u640d 1.29 \u5143\u30022026 \u5e74\u524d\u4e09\u5b63\u5df2\u516c\u5e03\u7684\u6b78\u5c6c\u6bcd\u516c\u53f8\u6de8\u5229\u70ba 0.01 \u5104\u5143\uff0c\u6bcf\u80a1\u76c8\u9918\u7531\u7b2c 1 \u5b63\u7684 -0.10 \u5143\u3001\u7b2c 2 \u5b63\u7684 +0.17 \u5143\u5230\u7b2c 3 \u5b63\u7684 -0.07 \u5143\uff0c\u5168\u5e74\u640d\u76ca\u53d6\u6c7a\u65bc\u7b2c 4 \u5b63\u3002<\/li>\n<li><strong>2027 \u5e74\u3002<\/strong> \u5171\u8b58\u71df\u6536 211.3 \u5104\u5143\uff08\u5e74\u589e 5.2%\uff09\uff0c\u9810\u4f30\u5340\u9593 202.4\uff5e220.6 \u5104\u5143\u3002\u6bcf\u80a1\u76c8\u9918\u7684\u9810\u4f30\u5340\u9593\u70ba 0.13\uff5e0.56 \u5143\uff0c\u9ad8\u4f4e\u76f8\u5dee\u903e\u56db\u500d\uff0c\u5e02\u5834\u5c0d\u7372\u5229\u56de\u5347\u7684\u5e45\u5ea6\u5c1a\u7121\u4e00\u81f4\u770b\u6cd5\u3002<\/li>\n<\/ul>\n<p><strong>\u6700\u65b0\u5be6\u7e3e\u8207\u5171\u8b58\u7684\u5c0d\u7167\u3002<\/strong> 2026 \u5e74\u524d\u4e09\u5b63\u5408\u4f75\u71df\u6536 141.12 \u5104\u5143\u3001\u5e74\u6e1b 7.4%\uff1b\u4ee5\u5168\u5e74\u5171\u8b58 200.8 \u5104\u5143\u63a8\u7b97\uff0c\u7b2c 4 \u5b63\u9700\u9054 59.7 \u5104\u5143\uff0c\u9ad8\u65bc 2026 \u5e74\u4efb\u4e00\u5b63\u7684\u5be6\u7e3e\uff08\u7b2c 2 \u5b63 58.08 \u5104\u5143\u70ba\u6700\u9ad8\uff09\uff0c\u800c\u5e02\u5834\u5c0d\u7b2c 4 \u5b63\u55ae\u5b63\u71df\u6536\u7684\u9810\u4f30\u7d04\u70ba 53.4 \u5104\u5143\uff0c\u5169\u8005\u4e26\u4e0d\u4e00\u81f4\uff0c\u5168\u5e74\u71df\u6536\u5171\u8b58\u53ef\u80fd\u5c1a\u672a\u5b8c\u5168\u53cd\u6620\u7b2c 3 \u5b63\u7684\u5be6\u7e3e\u3002\u6708\u71df\u6536\u65b9\u9762\uff0c7 \u6708\u81f3 9 \u6708\u55ae\u6708\u70ba 12.51 \u5104\u5143\u300110.25 \u5104\u5143\u300115.14 \u5104\u5143\uff0c9 \u6708\u55ae\u6708\u5e74\u6e1b 5.3%\u3002<\/p>\n<p><strong>\u6bdb\u5229\u7387\u7684\u8b8a\u52d5\u5e45\u5ea6\u5927\u65bc\u71df\u6536\u3002<\/strong> 2026 \u5e74\u7b2c 2 \u5b63\u71df\u6536 58.08 \u5104\u5143\u6642\u6bdb\u5229\u7387\u70ba 6.2%\uff0c\u7b2c 3 \u5b63\u71df\u6536\u964d\u81f3 37.90 \u5104\u5143\u3001\u6bdb\u5229\u7387\u8f49\u70ba -0.3%\u3002\u7b2c 4 \u5b63\u6bdb\u5229\u7387\u80fd\u5426\u56de\u5230\u6b63\u503c\uff0c\u662f\u5168\u5e74\u80fd\u5426\u7dad\u6301\u7372\u5229\u3001\u4ee5\u53ca 2027 \u5e74\u7372\u5229\u9810\u4f30\u5340\u9593\u5411\u54ea\u4e00\u7aef\u6536\u6582\u7684\u7b2c\u4e00\u500b\u6aa2\u9a57\u9ede\u3002<\/p>\n","ifam_val_multiple":"","ifam_strategy_on":"","ifam_trades":"","ifam_valuation":"{\"matrix\":{\"corner\":\"\",\"title\":\"\",\"note\":\"\",\"columns\":[{\"order\":1,\"year\":\"2025(A)\",\"eps\":-1.3,\"label\":\"2025(A)\uff1a-1.3 \u5143\"}],\"rows\":[{\"order\":1,\"pe\":14.8,\"peLabel\":\"15 \u5143\",\"desc\":\"2026-11-13\",\"cells\":[{\"order\":1,\"price\":null,\"text\":\"\u8667\u640d\",\"hl\":false}]}]}}","ifam_val_range":"<p>\u76ee\u524d\u4e2d\u9d3b\u80a1\u50f9\u7d04\u5728 10\u201320 \u5143\uff082026\/11\/13 \u6536\u76e4\u50f9 15 \u5143\uff09\u30022025 \u5e74\u6bcf\u80a1\u8667\u640d 1.29 \u5143\uff0c\u7121\u6cd5\u8a08\u7b97\u672c\u76ca\u6bd4\u3002\u8a3b\uff1a2026 \u5e74\u524d\u4e09\u5b63\u6b78\u5c6c\u6bcd\u516c\u53f8\u6de8\u5229 0.01 \u5104\u5143\uff08\u53bb\u5e74\u540c\u671f\u6de8\u640d 15.84 \u5104\u5143\uff09\uff0c\u5176\u4e2d\u7b2c 1 \u5b63\u6bcf\u80a1\u8667\u640d 0.10 \u5143\u3001\u7b2c 2 \u5b63\u6bcf\u80a1\u76c8\u9918 0.17 \u5143\u3001\u7b2c 3 \u5b63\u6bcf\u80a1\u8667\u640d 0.07 \u5143\u3002\u26a0 2024 \u5e74\u8207 2025 \u5e74\u9023\u7e8c\u5169\u5e74\u8667\u640d\uff08\u6bcf\u80a1\u8667\u640d 0.62 \u5143\u8207 1.29 \u5143\uff09\u3002\u5e02\u5834\u5c0d 2027 \u5e74\u6bcf\u80a1\u76c8\u9918\u7684\u9810\u4f30\u5340\u9593\u70ba 0.13\uff5e0.56 \u5143\u3002<\/p>\n","footnotes":""},"categories":[8],"tags":[],"ifam_industry":[25],"ifam_strategy":[],"class_list":["post-960","post","type-post","status-publish","format-standard","hentry","category-stock","ifam_industry-steel"],"_links":{"self":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/960","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=960"}],"version-history":[{"count":1,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/960\/revisions"}],"predecessor-version":[{"id":985,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/960\/revisions\/985"}],"wp:attachment":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/media?parent=960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/categories?post=960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/tags?post=960"},{"taxonomy":"ifam_industry","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_industry?post=960"},{"taxonomy":"ifam_strategy","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_strategy?post=960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}