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表  16 : STEPS  情境下  5%  市占率之各年度現金流量現值



                                            2022       2023        2024       2025       2026       2027       2028        2029       2030       2031~

               WACC (25.62%)                8,785      8,101      7,544      7,073       5,556      5,089      4,553      3,947      3,272       13,421
                       L3
               WACC    L10  (15.36%)        8,785      8,822      8,946      9,134       7,812      7,792      7,591      7,166      6,468       44,258

               WACC    L20  (8.68%)         8,785      9,364      10,079  10,923         9,917     10,500  10,857  10,879  10,424               126,216






                                                    表  17 : SDS  情境下  5%  市占率之各年度現金流量現值


                                            2022       2023       2024        2025       2026       2027       2028        2029       2030       2031~

               WACC (25.62%)               13,317     12,618     11,265      9,967       9,204      8,621      7,907      7,044       6,013      24,665
                       L3

               WACC    L10  (15.36%)       13,317     13,741     13,358      12,870     12,941     13,200     13,184      12,790     11,888      81,340

               WACC    L20  (8.68%)        13,317     14,585     15,051      15,392     16,429     17,787     18,858      19,418     19,157     231,964









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