資產負債表僅顯示部份重要科目, 完整財報可參考這裡 玩股撇步(動畫小學堂)
- 現金是否充足, 是否沒有債務壓力. 現金和短期借款和一年內到期長期負債都很高的話要小心, 滿手現金卻不還債, 可能有問題
- 應收帳款或存貨是否突然大幅增加, 留意應收帳款超過營收
- 營收和獲利增加的速度要大於存貨和應收帳款的速度; 營收衰退, 應收帳款正常也要跟著減少
- 營業活動負債: 因營業活動而產生, 如應付帳款, 應付票據, 合約負債等, 通常不需要支付利息. 此類型負債上升, 通常代表業績增加, 議價能力變好
- 最容易被操弄的資產是應收帳款, 存貨和長期投資
- 如果有資金貸予他人要注意
- 非控制權益佔比: 非控制權益 / 股東權益總額, 如果這個值過大時要看個體報表, 不能只看合併報表
- 圖表中的值是加一取對數, 目的是為了看趨勢
- 還款急迫性 - 公司債 > 應付票據 > 銀行借款 > 應付員工 > 應付帳款/費用 > 其它
- 如果未分配盈餘為負, 就算當年有獲利也沒法配息
- 如果配息能力(未分配盈餘+其它權益)為負, 有可能會無法配息
| 現金及約當現金 YoY | 短期借款 YoY | 一年內到期長期負債 YoY | 資金貸予他人 YoY | 營收 YoY | 淨利 YoY | 應收帳款及票據 YoY | 應收帳款佔營收比(%) YoY | 存貨 YoY | 長期投資 YoY | 長期負債 YoY | 商譽及無形資產 YoY | 股本 YoY | 法定盈餘公積 YoY | 特別盈餘公積 YoY | 未分配盈餘 YoY | 保留盈餘 YoY | 其它權益 YoY | 配息能力 YoY | 非控制權益佔比 YoY | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 (10) | 14.18 | 80.87 | 17.0 | -25.76 | 5.0 | 0 | 0 | 0 | 78.02 | 10.57 | 21.08 | 3.28 | 21.72 | 9.53 | 27.84 | -0.94 | 3.88 | -1.52 | 116.46 | 1.61 | 0 | 0 | 0.11 | -8.33 | 67.32 | 3.0 | 29.2 | 7.51 | 31.86 | 0.0 | 81.0 | 9.88 | 142.06 | 7.02 | 8.08 | -17.97 | 89.08 | 6.59 | 0.04 | 26.09 |
| 2022 (9) | 7.84 | 168.49 | 22.9 | 28.65 | 0 | 0 | 0 | 0 | 70.56 | 16.07 | 20.41 | 87.59 | 19.83 | 19.39 | 28.10 | 2.86 | 3.94 | 32.21 | 114.61 | 5.84 | 0 | 0 | 0.12 | 50.0 | 65.36 | 0.0 | 27.16 | 4.18 | 31.86 | 0.0 | 73.72 | 21.01 | 132.74 | 11.69 | 9.85 | 32.04 | 83.57 | 22.21 | 0.03 | 263.18 |
| 2021 (8) | 2.92 | -1.02 | 17.8 | 21.34 | 0 | 0 | 0 | 0 | 60.79 | 12.03 | 10.88 | -12.75 | 16.61 | 17.72 | 27.32 | 5.07 | 2.98 | 5.3 | 108.29 | 2.91 | 0 | 0 | 0.08 | 0.0 | 65.36 | 0.0 | 26.07 | 4.61 | 31.86 | 0.0 | 60.92 | 4.35 | 118.85 | 3.2 | 7.46 | 38.4 | 68.38 | 7.23 | 0.01 | 13.44 |
| 2020 (7) | 2.95 | 17.53 | 14.67 | 14.43 | 0 | 0 | 0 | 0 | 54.26 | 8.39 | 12.47 | 9.87 | 14.11 | 10.75 | 26.00 | 2.18 | 2.83 | 7.2 | 105.23 | 0.12 | 0 | 0 | 0.08 | 0.0 | 65.36 | 0.0 | 24.92 | 4.79 | 31.86 | 0.0 | 58.38 | 7.12 | 115.16 | 4.56 | 5.39 | 37.5 | 63.77 | 9.16 | 0.01 | 3.6 |
| 2019 (6) | 2.51 | -6.69 | 12.82 | 24.83 | 0 | 0 | 0 | 0 | 50.06 | 4.71 | 11.35 | 7.38 | 12.74 | 4.68 | 25.45 | -0.02 | 2.64 | -10.2 | 105.1 | 1.78 | 0 | 0 | 0.08 | -11.11 | 65.36 | 0.0 | 23.78 | 4.67 | 31.86 | 0.0 | 54.5 | 6.78 | 110.14 | 4.28 | 3.92 | -31.94 | 58.42 | 2.85 | 0.01 | 3.67 |
| 2018 (5) | 2.69 | 39.38 | 10.27 | 28.21 | 0 | 0 | 0 | 0 | 47.81 | 8.54 | 10.57 | -25.14 | 12.17 | 20.26 | 25.45 | 10.8 | 2.94 | -2.97 | 103.26 | 2.76 | 0 | 0 | 0.09 | 12.5 | 65.36 | 0.0 | 22.72 | 6.62 | 31.86 | 0.0 | 51.04 | 6.49 | 105.62 | 4.47 | 5.76 | 67.44 | 56.8 | 10.57 | 0.01 | -7.04 |
| 2017 (4) | 1.93 | -2.03 | 8.01 | -15.68 | 0 | 0 | 0 | 0 | 44.05 | -4.69 | 14.12 | -17.04 | 10.12 | -3.8 | 22.97 | 0.94 | 3.03 | -1.94 | 100.49 | 5.4 | 0 | 0 | 0.08 | -11.11 | 65.36 | 2.99 | 21.31 | 8.67 | 31.86 | 0.0 | 47.93 | 6.44 | 101.1 | 4.77 | 3.44 | 54.95 | 51.37 | 8.72 | 0.01 | -14.56 |
| 2016 (3) | 1.97 | -50.13 | 9.5 | 34.18 | 0 | 0 | 0 | 0 | 46.22 | -10.5 | 17.02 | 22.18 | 10.52 | -6.16 | 22.76 | 4.85 | 3.09 | -8.58 | 95.34 | 4.19 | 0 | 0 | 0.09 | 0.0 | 63.46 | 1.0 | 19.61 | 7.63 | 31.86 | 0.0 | 45.03 | 24.02 | 96.5 | 11.72 | 2.22 | -74.74 | 47.25 | 4.77 | 0.01 | -14.13 |
| 2015 (2) | 3.95 | -0.25 | 7.08 | 8.92 | 0 | 0 | 0 | 0 | 51.64 | -11.27 | 13.93 | 0.0 | 11.21 | -12.9 | 21.71 | -1.83 | 3.38 | 3.68 | 91.51 | 13.1 | 0 | 0 | 0.09 | 0.0 | 62.83 | 2.0 | 18.22 | 8.32 | 31.86 | -0.13 | 36.31 | 16.64 | 86.38 | 8.18 | 8.79 | -40.16 | 45.1 | -1.57 | 0.01 | -5.06 |
| 2014 (1) | 3.96 | -7.69 | 6.5 | 57.77 | 0 | 0 | 0 | 0 | 58.2 | 10.31 | 13.93 | 25.16 | 12.87 | 1.02 | 22.11 | -8.42 | 3.26 | -4.4 | 80.91 | 20.64 | 0 | 0 | 0.09 | 0.0 | 61.6 | 2.0 | 16.82 | 7.07 | 31.9 | 0.0 | 31.13 | 23.97 | 79.85 | 9.8 | 14.69 | 42.76 | 45.82 | 29.44 | 0.01 | -17.01 |
| 現金及約當現金 QoQ YoY | 短期借款 QoQ YoY | 一年內到期長期負債 QoQ YoY | 資金貸予他人 QoQ YoY | 營收 QoQ YoY | 淨利 QoQ YoY | 應收帳款及票據 QoQ YoY | 應收帳款佔營收比(%) QoQ YoY | 存貨 QoQ YoY | 長期投資 QoQ YoY | 長期負債 QoQ YoY | 商譽及無形資產 QoQ YoY | 股本 QoQ YoY | 法定盈餘公積 QoQ YoY | 特別盈餘公積 QoQ YoY | 未分配盈餘 QoQ YoY | 保留盈餘 QoQ YoY | 其它權益 QoQ YoY | 配息能力 QoQ YoY | 非控制權益佔比 QoQ YoY | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24Q3 (20) | 13.22 | 16.48 | -13.76 | 21.9 | 36.88 | 14.36 | 0 | 0 | -100.0 | 0 | 0 | 0 | 18.73 | -10.47 | 0.0 | 4.74 | 23.76 | -50.42 | 17.78 | -13.01 | -3.74 | 22.09 | -13.01 | -8.87 | 4.04 | 7.45 | -11.21 | 117.55 | -0.63 | 0.57 | 0 | 0 | -100.0 | 0.09 | -10.0 | -25.0 | 68.67 | 0.0 | 2.01 | 31.31 | 0.0 | 7.23 | 31.86 | 0.0 | 0.0 | 76.48 | 6.61 | 0.1 | 139.65 | 3.52 | 1.59 | 23.32 | 15.33 | 68.5 | 99.8 | 8.53 | 10.59 | 0.03 | -2.65 | -7.37 |
| 24Q2 (19) | 11.35 | -0.18 | 31.67 | 16.0 | -15.79 | -27.93 | 0 | 0 | -100.0 | 0 | 0 | 0 | 20.92 | 9.59 | 9.02 | 3.83 | 54.44 | -8.37 | 20.44 | 3.39 | 8.96 | 25.39 | 1.17 | 1.93 | 3.76 | -19.66 | -11.32 | 118.29 | -2.02 | -1.14 | 0 | 0 | 0 | 0.1 | -9.09 | -9.09 | 68.67 | 2.01 | 2.01 | 31.31 | 7.23 | 7.23 | 31.86 | 0.0 | 0.0 | 71.74 | -14.06 | 7.36 | 134.9 | -6.67 | 5.49 | 20.22 | 39.35 | -2.84 | 91.96 | -6.15 | 4.94 | 0.03 | -1.01 | 26.81 |
| 24Q1 (18) | 11.37 | -19.82 | 35.36 | 19.0 | 11.76 | -13.68 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 19.09 | -12.23 | 3.98 | 2.48 | -46.2 | -9.16 | 19.77 | -8.98 | 4.55 | 25.10 | -9.82 | -2.3 | 4.68 | 20.62 | 9.35 | 120.73 | 3.67 | 4.45 | 0 | 0 | 0 | 0.11 | 0.0 | 0.0 | 67.32 | 0.0 | 3.0 | 29.2 | 0.0 | 7.51 | 31.86 | 0.0 | 0.0 | 83.48 | 3.06 | 9.2 | 144.54 | 1.75 | 6.7 | 14.51 | 79.58 | 15.8 | 97.99 | 10.0 | 10.13 | 0.03 | -6.31 | 19.78 |
| 23Q4 (17) | 14.18 | -7.5 | 80.87 | 17.0 | -11.23 | -25.76 | 5.0 | 78.57 | 0 | 0 | 0 | 0 | 21.75 | 16.12 | 9.19 | 4.61 | -51.78 | -23.8 | 21.72 | 17.6 | 9.53 | 27.84 | 14.84 | -0.95 | 3.88 | -14.73 | -1.52 | 116.46 | -0.36 | 1.61 | 0 | -100.0 | 0 | 0.11 | -8.33 | -8.33 | 67.32 | 0.0 | 3.0 | 29.2 | 0.0 | 7.51 | 31.86 | 0.0 | 0.0 | 81.0 | 6.02 | 9.88 | 142.06 | 3.35 | 7.02 | 8.08 | -41.62 | -17.97 | 89.08 | -1.29 | 6.59 | 0.04 | 2.6 | 26.09 |
| 23Q3 (16) | 15.33 | 77.84 | 168.01 | 19.15 | -13.74 | -17.81 | 2.8 | 0.0 | 0 | 0 | 0 | 0 | 18.73 | -2.4 | 5.05 | 9.56 | 128.71 | 131.48 | 18.47 | -1.55 | -1.65 | 24.24 | -2.71 | -12.43 | 4.55 | 7.31 | -4.81 | 116.88 | -2.32 | 2.32 | 2.2 | 0 | 0 | 0.12 | 9.09 | 20.0 | 67.32 | 0.0 | 3.0 | 29.2 | 0.0 | 7.51 | 31.86 | 0.0 | 0.0 | 76.4 | 14.34 | 12.9 | 137.46 | 7.49 | 8.51 | 13.84 | -33.49 | 69.19 | 90.24 | 2.98 | 18.97 | 0.03 | 33.27 | 46.73 |
| 23Q2 (15) | 8.62 | 2.62 | 122.74 | 22.2 | 0.86 | 19.87 | 2.8 | 0.0 | 0 | 0 | 0 | 0 | 19.19 | 4.52 | 9.72 | 4.18 | 53.11 | 26.28 | 18.76 | -0.79 | 6.65 | 24.91 | -3.03 | -8.57 | 4.24 | -0.93 | -4.93 | 119.65 | 3.51 | 6.41 | 0 | 0 | 0 | 0.11 | 0.0 | 37.5 | 67.32 | 3.0 | 3.0 | 29.2 | 7.51 | 7.51 | 31.86 | 0.0 | 0.0 | 66.82 | -12.6 | 5.16 | 127.88 | -5.6 | 4.35 | 20.81 | 66.08 | 138.37 | 87.63 | -1.52 | 21.25 | 0.03 | -6.5 | 0.71 |
| 23Q1 (14) | 8.4 | 7.14 | 160.87 | 22.01 | -3.89 | 0.23 | 2.8 | 0 | 0 | 0 | 0 | 0 | 18.36 | -7.83 | 19.84 | 2.73 | -54.88 | -60.55 | 18.91 | -4.64 | 13.64 | 25.69 | -8.58 | -4.72 | 4.28 | 8.63 | 6.2 | 115.59 | 0.86 | 2.78 | 0 | 0 | 0 | 0.11 | -8.33 | 37.5 | 65.36 | 0.0 | 0.0 | 27.16 | 0.0 | 4.18 | 31.86 | 0.0 | 0.0 | 76.45 | 3.7 | 12.68 | 135.47 | 2.06 | 7.7 | 12.53 | 27.21 | 1.21 | 88.98 | 6.47 | 10.91 | 0.03 | -1.37 | -7.49 |
| 22Q4 (13) | 7.84 | 37.06 | 168.49 | 22.9 | -1.72 | 28.65 | 0 | 0 | 0 | 0 | 0 | 0 | 19.92 | 11.72 | 15.75 | 6.05 | 46.49 | 67.13 | 19.83 | 5.59 | 19.39 | 28.10 | 1.54 | 2.86 | 3.94 | -17.57 | 32.21 | 114.61 | 0.33 | 5.84 | 0 | 0 | 0 | 0.12 | 20.0 | 50.0 | 65.36 | 0.0 | 0.0 | 27.16 | 0.0 | 4.18 | 31.86 | 0.0 | 0.0 | 73.72 | 8.94 | 21.01 | 132.74 | 4.78 | 11.69 | 9.85 | 20.42 | 32.04 | 83.57 | 10.18 | 22.21 | 0.03 | 19.38 | 263.18 |
| 22Q3 (12) | 5.72 | 47.8 | 33.96 | 23.3 | 25.81 | 79.23 | 0 | 0 | 0 | 0 | 0 | 0 | 17.83 | 1.94 | 22.71 | 4.13 | 24.77 | 112.89 | 18.78 | 6.77 | 40.57 | 27.68 | 1.57 | 22.19 | 4.78 | 7.17 | 41.42 | 114.23 | 1.59 | 8.46 | 0 | 0 | 0 | 0.1 | 25.0 | 25.0 | 65.36 | 0.0 | 0.0 | 27.16 | 0.0 | 4.18 | 31.86 | 0.0 | 0.0 | 67.67 | 6.5 | 18.1 | 126.68 | 3.37 | 9.94 | 8.18 | -6.3 | 13.3 | 75.85 | 4.95 | 17.56 | 0.02 | -8.52 | 204.15 |
| 22Q2 (11) | 3.87 | 20.19 | 24.44 | 18.52 | -15.66 | -4.83 | 0 | 0 | 0 | 0 | 0 | 0 | 17.49 | 14.16 | 19.39 | 3.31 | -52.17 | 9.24 | 17.59 | 5.71 | 24.49 | 27.25 | 1.06 | 10.7 | 4.46 | 10.67 | 47.68 | 112.44 | -0.02 | 6.64 | 0 | 0 | 0 | 0.08 | 0.0 | -11.11 | 65.36 | 0.0 | 0.0 | 27.16 | 4.18 | 8.99 | 31.86 | 0.0 | 0.0 | 63.54 | -6.35 | -0.25 | 122.55 | -2.57 | 1.72 | 8.73 | -29.48 | 70.51 | 72.27 | -9.92 | 5.01 | 0.03 | -14.11 | 252.17 |
| 22Q1 (10) | 3.22 | 10.27 | 10.27 | 21.96 | 23.37 | 85.94 | 0 | 0 | 0 | 0 | 0 | 0 | 15.32 | -10.98 | 6.39 | 6.92 | 91.16 | 202.18 | 16.64 | 0.18 | 19.03 | 26.96 | -1.31 | 8.26 | 4.03 | 35.23 | 50.94 | 112.46 | 3.85 | 1.57 | 0 | 0 | 0 | 0.08 | 0.0 | -11.11 | 65.36 | 0.0 | 0.0 | 26.07 | 0.0 | 4.61 | 31.86 | 0.0 | 0.0 | 67.85 | 11.38 | 11.82 | 125.78 | 5.83 | 7.09 | 12.38 | 65.95 | 130.97 | 80.23 | 17.33 | 21.49 | 0.03 | 287.19 | 318.75 |
| 21Q4 (9) | 2.92 | -31.62 | -1.02 | 17.8 | 36.92 | 21.34 | 0 | 0 | 0 | 0 | 0 | 0 | 17.21 | 18.44 | 11.75 | 3.62 | 86.6 | -3.47 | 16.61 | 24.33 | 17.72 | 27.32 | 20.62 | 5.09 | 2.98 | -11.83 | 5.3 | 108.29 | 2.82 | 2.91 | 0 | 0 | 0 | 0.08 | 0.0 | 0.0 | 65.36 | 0.0 | 0.0 | 26.07 | 0.0 | 4.61 | 31.86 | 0.0 | 0.0 | 60.92 | 6.32 | 4.35 | 118.85 | 3.14 | 3.2 | 7.46 | 3.32 | 38.4 | 68.38 | 5.98 | 7.23 | 0.01 | -0.02 | 13.44 |
| 21Q3 (8) | 4.27 | 37.3 | 16.35 | 13.0 | -33.2 | -18.34 | 0 | 0 | 0 | 0 | 0 | 0 | 14.53 | -0.82 | 12.2 | 1.94 | -35.97 | -50.51 | 13.36 | -5.45 | 13.9 | 22.65 | -7.98 | 3.14 | 3.38 | 11.92 | 0.6 | 105.32 | -0.11 | 1.37 | 0 | 0 | 0 | 0.08 | -11.11 | 0.0 | 65.36 | 0.0 | 0.0 | 26.07 | 4.61 | 4.61 | 31.86 | 0.0 | 0.0 | 57.3 | -10.05 | 4.75 | 115.23 | -4.36 | 3.37 | 7.22 | 41.02 | 931.43 | 64.52 | -6.25 | 16.46 | 0.01 | 5.92 | 9.1 |
| 21Q2 (7) | 3.11 | 6.51 | 7.61 | 19.46 | 64.78 | 50.27 | 0 | 0 | 0 | 0 | 0 | 0 | 14.65 | 1.74 | 9.49 | 3.03 | 32.31 | -30.18 | 14.13 | 1.07 | 16.11 | 24.62 | -1.16 | 0 | 3.02 | 13.11 | -11.18 | 105.44 | -4.77 | 4.4 | 0 | 0 | 0 | 0.09 | 0.0 | 12.5 | 65.36 | 0.0 | 0.0 | 24.92 | 0.0 | 0.0 | 31.86 | 0.0 | 0.0 | 63.7 | 4.98 | 23.4 | 120.48 | 2.58 | 11.14 | 5.12 | -4.48 | 1166.67 | 68.82 | 4.21 | 34.57 | 0.01 | 2.12 | 2.95 |
| 21Q1 (6) | 2.92 | -1.02 | 47.47 | 11.81 | -19.5 | -36.95 | 0 | 0 | 0 | 0 | 0 | 0 | 14.4 | -6.49 | 14.83 | 2.29 | -38.93 | 397.83 | 13.98 | -0.92 | 15.44 | 24.91 | -4.2 | 0 | 2.67 | -5.65 | -2.55 | 110.72 | 5.22 | 5.67 | 0 | 0 | 0 | 0.09 | 12.5 | 12.5 | 65.36 | 0.0 | 0.0 | 24.92 | 0.0 | 4.79 | 31.86 | 0.0 | 0.0 | 60.68 | 3.94 | 10.41 | 117.45 | 1.99 | 6.19 | 5.36 | -0.56 | 723.26 | 66.04 | 3.56 | 22.07 | 0.01 | 4.89 | 4.34 |
| 20Q4 (5) | 2.95 | -19.62 | 17.53 | 14.67 | -7.85 | 14.43 | 0 | 0 | 0 | 0 | 0 | 0 | 15.4 | 18.92 | 5.91 | 3.75 | -4.34 | -13.99 | 14.11 | 20.29 | 10.41 | 26.00 | 18.38 | 0 | 2.83 | -15.77 | 7.2 | 105.23 | 1.28 | 0.12 | 0 | 0 | 0 | 0.08 | 0.0 | 0.0 | 65.36 | 0.0 | 0.0 | 24.92 | 0.0 | 4.79 | 31.86 | 0.0 | 0.0 | 58.38 | 6.73 | 7.12 | 115.16 | 3.31 | 4.56 | 5.39 | 670.0 | 37.5 | 63.77 | 15.11 | 9.16 | 0.01 | -3.84 | 3.6 |
| 20Q3 (4) | 3.67 | 26.99 | 0.0 | 15.92 | 22.93 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 12.95 | -3.21 | 0.0 | 3.92 | -9.68 | 0.0 | 11.73 | -3.62 | 0.0 | 21.96 | 0 | 0.0 | 3.36 | -1.18 | 0.0 | 103.9 | 2.87 | 0.0 | 0 | 0 | 0.0 | 0.08 | 0.0 | 0.0 | 65.36 | 0.0 | 0.0 | 24.92 | 0.0 | 0.0 | 31.86 | 0.0 | 0.0 | 54.7 | 5.97 | 0.0 | 111.47 | 2.83 | 0.0 | 0.7 | 245.83 | 0.0 | 55.4 | 8.33 | 0.0 | 0.01 | -0.05 | 0.0 |
