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) | 46.86 | 60.81 | 77.87 | 8.03 | 3.09 | 127.21 | 0 | 0 | 135.98 | 10.32 | 41.58 | 7.39 | 33.37 | 67.94 | 24.54 | 52.23 | 15.66 | -9.84 | 245.89 | 18.03 | 36.27 | 13.91 | 2.46 | 59.74 | 158.37 | 7.0 | 46.17 | 9.43 | 1.42 | 0.0 | 105.5 | 8.41 | 153.09 | 8.63 | 134.33 | 80.02 | 239.83 | 39.48 | 0.30 | 0.26 |
| 2022 (9) | 29.14 | 4.59 | 72.08 | -4.34 | 1.36 | 0 | 0 | 0 | 123.26 | 8.86 | 38.72 | -5.31 | 19.87 | -0.3 | 16.12 | -8.41 | 17.37 | 1.58 | 208.32 | 1.46 | 31.84 | 165.33 | 1.54 | 45.28 | 148.01 | 5.0 | 42.19 | 11.23 | 1.42 | 0.0 | 97.32 | 3.21 | 140.93 | 5.46 | 74.62 | -33.14 | 171.94 | -16.49 | 0.30 | 0.66 |
| 2021 (8) | 27.86 | 54.26 | 75.35 | 41.1 | 0 | 0 | 0 | 0 | 113.23 | 18.64 | 40.89 | 31.95 | 19.93 | 33.94 | 17.60 | 12.89 | 17.1 | 33.8 | 205.32 | 17.7 | 12.0 | -7.69 | 1.06 | 3.92 | 140.96 | 10.0 | 37.93 | 9.28 | 1.42 | 0.0 | 94.29 | 5.42 | 133.63 | 6.42 | 111.6 | 93.82 | 205.89 | 40.04 | 0.30 | 5.28 |
| 2020 (7) | 18.06 | 2.73 | 53.4 | 5.74 | 0 | 0 | 0 | 0 | 95.44 | 15.39 | 30.99 | 12.0 | 14.88 | 5.08 | 15.59 | -8.93 | 12.78 | 10.55 | 174.44 | 16.96 | 13.0 | 44.44 | 1.02 | 3.03 | 128.15 | 16.0 | 34.71 | 13.47 | 1.42 | 0.0 | 89.44 | -7.56 | 125.57 | -2.48 | 57.58 | 130.78 | 147.02 | 20.81 | 0.28 | 0.71 |
| 2019 (6) | 17.58 | 148.66 | 50.5 | 34.67 | 0 | 0 | 0 | 0 | 82.71 | 62.24 | 27.67 | 11.75 | 14.16 | 77.67 | 17.12 | 9.51 | 11.56 | 22.72 | 149.15 | -24.5 | 9.0 | 0.0 | 0.99 | 560.0 | 110.47 | 5.0 | 30.59 | 8.78 | 1.42 | 0.0 | 96.75 | 20.71 | 128.76 | 17.39 | 24.95 | 8.67 | 121.7 | 18.03 | 0.28 | 9697.79 |
| 2018 (5) | 7.07 | -5.73 | 37.5 | 154.93 | 0 | 0 | 0 | 0 | 50.98 | 6.21 | 24.76 | -16.75 | 7.97 | 0.89 | 15.63 | -5.01 | 9.42 | -6.55 | 197.56 | 0.1 | 9.0 | 0.0 | 0.15 | 0.0 | 105.21 | 9.99 | 28.12 | 11.85 | 1.42 | 0.0 | 80.15 | 1.21 | 109.69 | 3.72 | 22.96 | -47.02 | 103.11 | -15.85 | 0.00 | 10.48 |
| 2017 (4) | 7.5 | -3.23 | 14.71 | 70.85 | 0 | 0 | 0 | 0 | 48.0 | -8.1 | 29.74 | 38.07 | 7.9 | -3.3 | 16.46 | 5.22 | 10.08 | 29.07 | 197.36 | 11.65 | 9.0 | 80.0 | 0.15 | 0.0 | 95.65 | 5.01 | 25.14 | 9.35 | 1.42 | 0.0 | 79.19 | 11.76 | 105.76 | 11.02 | 43.34 | 63.73 | 122.53 | 25.89 | 0.00 | -28.74 |
| 2016 (3) | 7.75 | 28.31 | 8.61 | -7.22 | 4.0 | 0 | 0 | 0 | 52.23 | -1.53 | 21.54 | 52.12 | 8.17 | -8.0 | 15.64 | -6.57 | 7.81 | -24.39 | 176.76 | 4.48 | 5.0 | -54.55 | 0.15 | 0.0 | 91.09 | 2.5 | 22.99 | 6.58 | 1.42 | 0.0 | 70.86 | 10.93 | 95.26 | 9.66 | 26.47 | 42.01 | 97.33 | 17.95 | 0.00 | -15.69 |
| 2015 (2) | 6.04 | -27.32 | 9.28 | 74.11 | 0 | 0 | 0 | 0 | 53.04 | 0.04 | 14.16 | -17.63 | 8.88 | 2.66 | 16.74 | 2.62 | 10.33 | 2.58 | 169.18 | -7.44 | 11.0 | 37.5 | 0.15 | 0.0 | 88.87 | 4.0 | 21.57 | 8.66 | 1.42 | 0.0 | 63.88 | -4.13 | 86.87 | -1.17 | 18.64 | -47.99 | 82.52 | -19.47 | 0.00 | 81.15 |
| 2014 (1) | 8.31 | -22.77 | 5.33 | -64.42 | 10.0 | 100.0 | 0 | 0 | 53.02 | -1.16 | 17.19 | 28.86 | 8.65 | 1.76 | 16.31 | 2.95 | 10.07 | 7.82 | 182.78 | 3.58 | 8.0 | -38.46 | 0.15 | 0.0 | 85.45 | 0.14 | 19.85 | 7.18 | 1.42 | 0.0 | 66.63 | 11.91 | 87.9 | 10.61 | 35.84 | -1.46 | 102.47 | 6.84 | 0.00 | -36.54 |
| 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) | 50.47 | 3.21 | 9.2 | 88.79 | 10.48 | 6.41 | 1.0 | 0.0 | -67.43 | 0 | 0 | 0 | 27.84 | -29.32 | 0.29 | 7.55 | -43.95 | -29.51 | 18.86 | -14.47 | 4.89 | 13.39 | -14.52 | -7.91 | 15.53 | 11.01 | -6.78 | 255.25 | 3.24 | 7.67 | 32.98 | 0.03 | 3.74 | 2.33 | -0.85 | 71.32 | 171.04 | 0.0 | 8.0 | 50.34 | 0.0 | 9.03 | 1.42 | 0.0 | 0.0 | 100.15 | 8.15 | 2.56 | 151.91 | 5.23 | 4.6 | 145.37 | -1.66 | 25.55 | 245.52 | 2.12 | 15.03 | 0.30 | -1.12 | 1.27 |
| 24Q2 (19) | 48.9 | 11.04 | 21.01 | 80.37 | 1.64 | 3.46 | 1.0 | -66.67 | -83.53 | 0 | 0 | 0 | 39.39 | 29.11 | 8.21 | 13.47 | 22.57 | 10.14 | 22.05 | 12.96 | 46.61 | 15.66 | 10.56 | 27.44 | 13.99 | 13.1 | -22.23 | 247.25 | -1.56 | 12.31 | 32.97 | 1.54 | 25.27 | 2.35 | -1.67 | 65.49 | 171.04 | 8.0 | 8.0 | 50.34 | 9.03 | 9.03 | 1.42 | 0.0 | 0.0 | 92.6 | -3.51 | 6.47 | 144.36 | 0.56 | 7.28 | 147.83 | -12.24 | 63.93 | 240.43 | -9.07 | 35.72 | 0.30 | -3.77 | 1.66 |
| 24Q1 (18) | 44.04 | -6.02 | 23.29 | 79.07 | 1.54 | 7.17 | 3.0 | -2.91 | 127.27 | 0 | 0 | 0 | 30.51 | -29.24 | 6.27 | 10.99 | 41.81 | 0.83 | 19.52 | -41.5 | 7.19 | 14.17 | -42.27 | -1.99 | 12.37 | -21.01 | -29.15 | 251.16 | 2.14 | 14.37 | 32.47 | -10.48 | 14.78 | 2.39 | -2.85 | 62.59 | 158.37 | 0.0 | 7.0 | 46.17 | 0.0 | 9.43 | 1.42 | 0.0 | 0.0 | 95.97 | -9.03 | 7.86 | 143.56 | -6.23 | 8.27 | 168.44 | 25.39 | 107.03 | 264.41 | 10.25 | 55.22 | 0.31 | 3.29 | 0.91 |
| 23Q4 (17) | 46.86 | 1.38 | 60.81 | 77.87 | -6.68 | 8.03 | 3.09 | 0.65 | 127.21 | 0 | 0 | 0 | 43.12 | 55.33 | 40.0 | 7.75 | -27.64 | 27.47 | 33.37 | 85.6 | 67.94 | 24.54 | 68.78 | 52.23 | 15.66 | -6.0 | -9.84 | 245.89 | 3.72 | 18.03 | 36.27 | 14.09 | 13.91 | 2.46 | 80.88 | 59.74 | 158.37 | 0.0 | 7.0 | 46.17 | 0.0 | 9.43 | 1.42 | 0.0 | 0.0 | 105.5 | 8.04 | 8.41 | 153.09 | 5.41 | 8.63 | 134.33 | 16.01 | 80.02 | 239.83 | 12.36 | 39.48 | 0.30 | 3.05 | 0.26 |
| 23Q3 (16) | 46.22 | 14.38 | 59.82 | 83.44 | 7.42 | 8.96 | 3.07 | -49.42 | 114.69 | 0 | 0 | 0 | 27.76 | -23.74 | 4.91 | 10.71 | -12.43 | 64.52 | 17.98 | 19.55 | 0.62 | 14.54 | 18.29 | 1.87 | 16.66 | -7.39 | -18.97 | 237.07 | 7.69 | 13.66 | 31.79 | 20.78 | -5.56 | 1.36 | -4.23 | -6.21 | 158.37 | 0.0 | 7.0 | 46.17 | 0.0 | 9.43 | 1.42 | 0.0 | 0.0 | 97.65 | 12.28 | 7.39 | 145.23 | 7.93 | 7.95 | 115.79 | 28.4 | 87.39 | 213.44 | 20.49 | 39.76 | 0.29 | -0.74 | 0.2 |
| 23Q2 (15) | 40.41 | 13.13 | 20.23 | 77.68 | 5.29 | -11.48 | 6.07 | 359.85 | 507.0 | 0 | 0 | 0 | 36.4 | 26.79 | -9.05 | 12.23 | 12.2 | -8.46 | 15.04 | -17.41 | -8.35 | 12.29 | -14.96 | -6.64 | 17.99 | 3.04 | 1.41 | 220.15 | 0.25 | 9.51 | 26.32 | -6.96 | -30.65 | 1.42 | -3.4 | 36.54 | 158.37 | 7.0 | 7.0 | 46.17 | 9.43 | 9.43 | 1.42 | 0.0 | 0.0 | 86.97 | -2.26 | 3.35 | 134.56 | 1.49 | 5.32 | 90.18 | 10.84 | 32.99 | 177.15 | 4.0 | 16.58 | 0.30 | -4.48 | 0.08 |
| 23Q1 (14) | 35.72 | 22.58 | 13.54 | 73.78 | 2.36 | -13.3 | 1.32 | -2.94 | 0 | 0 | 0 | 0 | 28.71 | -6.79 | 10.47 | 10.9 | 79.28 | -14.71 | 18.21 | -8.35 | 15.4 | 14.45 | -10.33 | 7.13 | 17.46 | 0.52 | 0.81 | 219.61 | 5.42 | 2.33 | 28.29 | -11.15 | 157.18 | 1.47 | -4.55 | 36.11 | 148.01 | 0.0 | 5.0 | 42.19 | 0.0 | 11.23 | 1.42 | 0.0 | 0.0 | 88.98 | -8.57 | 8.6 | 132.59 | -5.92 | 9.33 | 81.36 | 9.03 | -31.46 | 170.34 | -0.93 | -15.1 | 0.31 | 2.62 | -2.49 |
| 22Q4 (13) | 29.14 | 0.76 | 4.59 | 72.08 | -5.88 | -4.34 | 1.36 | -4.9 | 0 | 0 | 0 | 0 | 30.8 | 16.4 | -5.93 | 6.08 | -6.61 | 32.46 | 19.87 | 11.19 | -0.3 | 16.12 | 12.94 | -8.43 | 17.37 | -15.52 | 1.58 | 208.32 | -0.12 | 1.46 | 31.84 | -5.41 | 165.33 | 1.54 | 6.21 | 45.28 | 148.01 | 0.0 | 5.0 | 42.19 | 0.0 | 11.23 | 1.42 | 0.0 | 0.0 | 97.32 | 7.03 | 3.21 | 140.93 | 4.75 | 5.46 | 74.62 | 20.76 | -33.14 | 171.94 | 12.59 | -16.49 | 0.30 | 2.99 | 0.66 |
| 22Q3 (12) | 28.92 | -13.95 | 13.55 | 76.58 | -12.73 | 6.02 | 1.43 | 43.0 | 0 | 0 | 0 | 0 | 26.46 | -33.88 | 2.16 | 6.51 | -51.27 | -25.6 | 17.87 | 8.9 | 26.29 | 14.27 | 8.41 | 5.91 | 20.56 | 15.9 | 23.11 | 208.58 | 3.75 | 5.71 | 33.66 | -11.3 | 140.43 | 1.45 | 39.42 | 45.0 | 148.01 | 0.0 | 5.0 | 42.19 | 0.0 | 11.23 | 1.42 | 0.0 | 0.0 | 90.93 | 8.06 | 1.62 | 134.54 | 5.31 | 4.43 | 61.79 | -8.88 | -16.23 | 152.72 | 0.5 | -6.44 | 0.29 | -0.86 | 2.66 |
| 22Q2 (11) | 33.61 | 6.83 | 48.78 | 87.75 | 3.11 | 5.38 | 1.0 | 0 | 0 | 0 | 0 | 0 | 40.02 | 53.98 | 23.79 | 13.36 | 4.54 | -11.23 | 16.41 | 3.99 | 23.2 | 13.16 | -2.42 | 1.25 | 17.74 | 2.42 | 33.38 | 201.04 | -6.33 | 7.39 | 37.95 | 245.0 | 171.07 | 1.04 | -3.7 | 5.05 | 148.01 | 5.0 | 15.5 | 42.19 | 11.23 | 21.55 | 1.42 | 0.0 | 0.0 | 84.15 | 2.71 | -11.63 | 127.76 | 5.35 | -2.73 | 67.81 | -42.87 | 3.18 | 151.96 | -24.26 | -5.58 | 0.30 | -6.94 | 0.49 |
| 22Q1 (10) | 31.46 | 12.92 | 25.69 | 85.1 | 12.94 | 36.93 | 0 | 0 | 0 | 0 | 0 | 0 | 25.99 | -20.62 | 16.81 | 12.78 | 178.43 | 2.24 | 15.78 | -20.82 | 40.89 | 13.49 | -23.35 | 17.1 | 17.32 | 1.29 | 28.68 | 214.62 | 4.53 | 17.87 | 11.0 | -8.33 | -15.38 | 1.08 | 1.89 | 6.93 | 140.96 | 0.0 | 10.0 | 37.93 | 0.0 | 9.28 | 1.42 | 0.0 | 0.0 | 81.93 | -13.11 | 2.21 | 121.27 | -9.25 | 4.28 | 118.7 | 6.36 | 67.07 | 200.63 | -2.55 | 32.68 | 0.32 | 5.93 | 5.15 |
| 21Q4 (9) | 27.86 | 9.38 | 54.26 | 75.35 | 4.32 | 41.1 | 0 | 0 | 0 | 0 | 0 | 0 | 32.74 | 26.41 | 33.52 | 4.59 | -47.54 | -46.63 | 19.93 | 40.85 | 33.94 | 17.60 | 30.62 | 12.9 | 17.1 | 2.4 | 33.8 | 205.32 | 4.06 | 17.7 | 12.0 | -14.29 | -7.69 | 1.06 | 6.0 | 3.92 | 140.96 | 0.0 | 10.0 | 37.93 | 0.0 | 9.28 | 1.42 | 0.0 | 0.0 | 94.29 | 5.38 | 5.42 | 133.63 | 3.73 | 6.42 | 111.6 | 51.3 | 93.82 | 205.89 | 26.13 | 40.04 | 0.30 | 5.04 | 5.28 |
| 21Q3 (8) | 25.47 | 12.75 | 39.56 | 72.23 | -13.26 | 47.11 | 0 | 0 | 0 | 0 | 0 | 0 | 25.9 | -19.89 | 10.97 | 8.75 | -41.86 | -11.17 | 14.15 | 6.23 | 11.59 | 13.48 | 3.64 | -0.17 | 16.7 | 25.56 | 46.75 | 197.31 | 5.4 | 22.22 | 14.0 | 0.0 | 7.69 | 1.0 | 1.01 | 0.0 | 140.96 | 10.0 | 10.0 | 37.93 | 9.28 | 9.28 | 1.42 | 0.0 | 0.0 | 89.48 | -6.03 | 11.7 | 128.83 | -1.92 | 10.83 | 73.76 | 12.23 | 89.91 | 163.24 | 1.43 | 37.23 | 0.29 | -2.96 | -0.31 |
| 21Q2 (7) | 22.59 | -9.75 | 21.45 | 83.27 | 33.98 | 68.22 | 0 | 0 | 0 | 0 | 0 | 0 | 32.33 | 45.3 | 19.3 | 15.05 | 20.4 | 45.55 | 13.32 | 18.93 | 10.63 | 13.00 | 12.86 | 0 | 13.3 | -1.19 | 14.36 | 187.21 | 2.82 | 26.54 | 14.0 | 7.69 | 7.69 | 0.99 | -1.98 | -1.98 | 128.15 | 0.0 | 0.0 | 34.71 | 0.0 | 0.0 | 1.42 | 0.0 | 0.0 | 95.22 | 18.79 | 36.11 | 131.35 | 12.95 | 23.81 | 65.72 | -7.5 | 97.77 | 160.94 | 6.43 | 55.96 | 0.29 | -2.62 | -1.17 |
| 21Q1 (6) | 25.03 | 38.59 | 91.95 | 62.15 | 16.39 | 24.3 | 0 | 0 | 0 | 0 | 0 | 0 | 22.25 | -9.26 | 8.64 | 12.5 | 45.35 | 470.78 | 11.2 | -24.73 | -2.44 | 11.52 | -26.1 | 0 | 13.46 | 5.32 | 15.24 | 182.08 | 4.38 | 23.64 | 13.0 | 0.0 | 18.18 | 1.01 | -0.98 | -1.94 | 128.15 | 0.0 | 16.0 | 34.71 | 0.0 | 13.47 | 1.42 | 0.0 | 0.0 | 80.16 | -10.38 | -19.0 | 116.29 | -7.39 | -11.21 | 71.05 | 23.39 | 316.72 | 151.21 | 2.85 | 30.34 | 0.30 | 6.07 | 6.58 |
| 20Q4 (5) | 18.06 | -1.04 | 2.73 | 53.4 | 8.76 | 5.74 | 0 | 0 | 0 | 0 | 0 | 0 | 24.52 | 5.06 | 6.56 | 8.6 | -12.69 | 89.01 | 14.88 | 17.35 | 5.08 | 15.59 | 15.49 | 0 | 12.78 | 12.3 | 10.55 | 174.44 | 8.05 | 16.96 | 13.0 | 0.0 | 44.44 | 1.02 | 2.0 | 3.03 | 128.15 | 0.0 | 16.0 | 34.71 | 0.0 | 13.47 | 1.42 | 0.0 | 0.0 | 89.44 | 11.65 | -7.56 | 125.57 | 8.03 | -2.48 | 57.58 | 48.25 | 130.78 | 147.02 | 23.6 | 20.81 | 0.28 | -0.55 | 0.71 |
| 20Q3 (4) | 18.25 | -1.88 | 0.0 | 49.1 | -0.81 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 23.34 | -13.87 | 0.0 | 9.85 | -4.74 | 0.0 | 12.68 | 5.32 | 0.0 | 13.50 | 0 | 0.0 | 11.38 | -2.15 | 0.0 | 161.44 | 9.12 | 0.0 | 13.0 | 0.0 | 0.0 | 1.0 | -0.99 | 0.0 | 128.15 | 0.0 | 0.0 | 34.71 | 0.0 | 0.0 | 1.42 | 0.0 | 0.0 | 80.11 | 14.51 | 0.0 | 116.24 | 9.57 | 0.0 | 38.84 | 16.88 | 0.0 | 118.95 | 15.27 | 0.0 | 0.29 | -3.79 | 0.0 |
