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) | 47.26 | -24.73 | 19.0 | -1.61 | 30.05 | 0 | 0 | 0 | 157.19 | -13.52 | -14.38 | 0 | 16.72 | -11.11 | 10.64 | 2.79 | 20.74 | 28.42 | 94.26 | -10.17 | 127.16 | -19.18 | 12.98 | 22.22 | 112.66 | 21.58 | 31.71 | 0.0 | 16.43 | 0.12 | 172.36 | -10.07 | 220.49 | -8.04 | -10.96 | 0 | 161.4 | -12.86 | 0.09 | -3.53 |
| 2022 (9) | 62.79 | -10.78 | 19.31 | 71.49 | 0 | 0 | 0 | 0 | 181.77 | -19.38 | -4.94 | 0 | 18.81 | -23.29 | 10.35 | -4.84 | 16.15 | -29.81 | 104.93 | -10.92 | 157.33 | 521.86 | 10.62 | 0.47 | 92.66 | 0.0 | 31.71 | 31.47 | 16.41 | 0.0 | 191.65 | -13.79 | 239.77 | -8.77 | -6.43 | 0 | 185.22 | -15.85 | 0.09 | -3.13 |
| 2021 (8) | 70.38 | 34.42 | 11.26 | 155.33 | 0 | 0 | 0 | 0 | 225.47 | 36.02 | 58.81 | 43.12 | 24.52 | -4.59 | 10.88 | -29.86 | 23.01 | 91.27 | 117.79 | 27.02 | 25.3 | 532.5 | 10.57 | 19.84 | 92.66 | 0.0 | 24.12 | 20.6 | 16.41 | 0.0 | 222.3 | 46.66 | 262.83 | 39.82 | -2.19 | 0 | 220.11 | 45.29 | 0.10 | 1.7 |
| 2020 (7) | 52.36 | 53.86 | 4.41 | 2000.0 | 0 | 0 | 0 | 0 | 165.76 | -19.02 | 41.09 | 98.5 | 25.7 | 6.07 | 15.50 | 30.97 | 12.03 | -28.09 | 92.73 | 38.88 | 4.0 | 0 | 8.82 | 30.86 | 92.66 | 0.0 | 20.0 | 11.73 | 16.41 | 0.0 | 151.57 | 34.55 | 187.98 | 27.91 | -0.07 | 0 | 151.5 | 31.23 | 0.09 | -10.26 |
| 2019 (6) | 34.03 | 24.7 | 0.21 | 600.0 | 0 | 0 | 0 | 0 | 204.68 | -17.27 | 20.7 | -30.07 | 24.23 | -19.26 | 11.84 | -2.4 | 16.73 | -15.55 | 66.77 | 5.85 | 0 | 0 | 6.74 | 0.0 | 92.66 | 0.0 | 17.9 | 19.81 | 16.41 | 0.0 | 112.65 | 18.92 | 146.96 | 16.56 | 2.8 | -62.16 | 115.45 | 13.04 | 0.11 | -6.54 |
| 2018 (5) | 27.29 | 28.54 | 0.03 | -92.11 | 0.02 | 0.0 | 0 | 0 | 247.41 | 5.95 | 29.6 | -10.0 | 30.01 | -7.72 | 12.13 | -12.9 | 19.81 | -2.08 | 63.08 | 13.03 | 0 | 0 | 6.74 | 0.0 | 92.66 | 0.0 | 14.94 | 28.13 | 16.41 | -1.03 | 94.73 | 22.79 | 126.08 | 19.63 | 7.4 | -16.67 | 102.13 | 18.71 | 0.11 | -4.5 |
| 2017 (4) | 21.23 | 99.16 | 0.38 | -60.0 | 0.02 | -50.0 | 0 | 0 | 233.51 | 17.23 | 32.89 | 36.98 | 32.52 | 7.22 | 13.93 | -8.54 | 20.23 | 22.53 | 55.81 | 28.86 | 0 | 0 | 6.74 | 0.0 | 92.66 | 0.0 | 11.66 | 25.92 | 16.58 | -2.47 | 77.15 | 38.61 | 105.39 | 28.65 | 8.88 | 3.02 | 86.03 | 33.84 | 0.12 | -5.67 |
| 2016 (3) | 10.66 | 31.6 | 0.95 | -41.36 | 0.04 | 0.0 | 0 | 0 | 199.19 | -0.53 | 24.01 | 63.11 | 30.33 | 42.53 | 15.23 | 43.29 | 16.51 | -0.18 | 43.31 | 0.7 | 0.02 | -99.03 | 6.74 | 0.0 | 92.66 | 0.0 | 9.26 | 19.02 | 17.0 | 0.47 | 55.66 | 35.49 | 81.92 | 24.54 | 8.62 | 0.94 | 64.28 | 29.54 | 0.12 | 2.18 |
| 2015 (2) | 8.1 | -25.14 | 1.62 | -88.14 | 0.04 | 0 | 0 | 0 | 200.25 | -17.73 | 14.72 | 402.39 | 21.28 | -13.46 | 10.63 | 5.19 | 16.54 | -10.06 | 43.01 | -7.33 | 2.06 | -77.11 | 6.74 | -0.15 | 92.66 | 0.0 | 7.78 | 3.87 | 16.92 | 2.73 | 41.08 | 36.21 | 65.78 | 21.54 | 8.54 | -13.3 | 49.62 | 24.02 | 0.12 | -4.22 |
| 2014 (1) | 10.82 | 26.4 | 13.66 | 88.41 | 0 | 0 | 0 | 0 | 243.4 | -7.41 | 2.93 | -84.98 | 24.59 | -20.73 | 10.10 | -14.38 | 18.39 | -13.82 | 46.41 | 5.65 | 9.0 | -30.77 | 6.75 | 0.0 | 92.66 | 0.0 | 7.49 | 35.2 | 16.47 | -12.9 | 30.16 | -17.91 | 54.12 | -11.55 | 9.85 | 26.61 | 40.01 | -10.13 | 0.13 | 7.75 |
| 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) | 37.99 | -16.69 | -14.57 | 41.25 | -1.95 | 38.47 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 43.15 | -14.61 | 11.27 | -3.21 | -25.39 | -57.35 | 18.02 | -18.13 | -1.53 | 11.02 | -20.32 | -4.15 | 29.31 | 0.51 | 73.84 | 92.16 | -0.61 | -5.89 | 142.91 | 34.59 | 0.45 | 14.25 | 2.3 | 7.63 | 112.66 | 0.0 | 21.58 | 31.71 | 0.0 | 0.0 | 16.44 | 0.0 | 0.06 | 161.39 | -2.15 | -8.55 | 209.54 | -1.67 | -6.71 | 4.89 | 552.0 | 271.58 | 166.28 | 0.36 | -4.23 | 0.09 | 2.69 | -1.15 |
| 24Q2 (19) | 45.6 | -1.47 | -22.55 | 42.07 | 14.66 | 58.22 | 61.77 | 0.87 | 102850.0 | 0 | 0 | 0 | 50.53 | 55.24 | 30.0 | -2.56 | 47.11 | 62.68 | 22.01 | 57.1 | 39.39 | 13.82 | 45.6 | 42.21 | 29.16 | 6.62 | 79.67 | 92.73 | 0.21 | -4.7 | 106.18 | 5.93 | -32.39 | 13.93 | 2.28 | 10.03 | 112.66 | 0.0 | 21.58 | 31.71 | 0.0 | 0.0 | 16.44 | 0.06 | 0.06 | 164.94 | -1.54 | -7.57 | 213.09 | -1.19 | -5.95 | 0.75 | 119.74 | 106.78 | 165.69 | 1.2 | -1.0 | 0.09 | -0.38 | -6.05 |
| 24Q1 (18) | 46.28 | -2.07 | -17.08 | 36.69 | 93.11 | 35.49 | 61.24 | 103.79 | 767.42 | 0 | 0 | 0 | 32.55 | -12.87 | -22.83 | -4.84 | -18.05 | -250.72 | 14.01 | -16.21 | -34.44 | 9.49 | -10.74 | -20.66 | 27.35 | 31.87 | 69.04 | 92.54 | -1.82 | -11.24 | 100.24 | -21.17 | -34.23 | 13.62 | 4.93 | 6.32 | 112.66 | 0.0 | 21.58 | 31.71 | 0.0 | 0.0 | 16.43 | 0.0 | 0.12 | 167.52 | -2.81 | -11.95 | 215.65 | -2.2 | -9.53 | -3.8 | 65.33 | 42.07 | 163.72 | 1.44 | -10.87 | 0.09 | 1.77 | -1.92 |
| 23Q4 (17) | 47.26 | 6.27 | -24.73 | 19.0 | -36.22 | -1.61 | 30.05 | -2.53 | 0 | 0 | 0 | 0 | 37.36 | -3.66 | -5.2 | -4.1 | -100.98 | -42.86 | 16.72 | -8.63 | -11.11 | 10.64 | -7.44 | 2.79 | 20.74 | 23.01 | 28.42 | 94.26 | -3.75 | -10.17 | 127.16 | -10.62 | -19.18 | 12.98 | -1.96 | 22.22 | 112.66 | 21.58 | 21.58 | 31.71 | 0.0 | 0.0 | 16.43 | 0.0 | 0.12 | 172.36 | -2.33 | -10.07 | 220.49 | -1.83 | -8.04 | -10.96 | -284.56 | -70.45 | 161.4 | -7.04 | -12.86 | 0.09 | -5.06 | -3.53 |
| 23Q3 (16) | 44.47 | -24.47 | -33.28 | 29.79 | 12.03 | 8.92 | 30.83 | 51283.33 | 0 | 0 | 0 | 0 | 38.78 | -0.23 | -7.62 | -2.04 | 70.26 | 67.31 | 18.3 | 15.9 | -12.94 | 11.49 | 18.23 | 9.16 | 16.86 | 3.88 | -20.28 | 97.93 | 0.65 | -9.01 | 142.27 | -9.41 | 1.14 | 13.24 | 4.58 | 23.97 | 92.66 | 0.0 | 0.0 | 31.71 | 0.0 | 0.0 | 16.43 | 0.0 | 0.12 | 176.47 | -1.1 | -9.03 | 224.61 | -0.87 | -7.22 | -2.85 | 74.25 | -111.11 | 173.62 | 3.73 | -9.87 | 0.09 | -2.39 | 3.19 |
| 23Q2 (15) | 58.88 | 5.5 | -6.24 | 26.59 | -1.81 | 68.72 | 0.06 | -99.15 | 0 | 0 | 0 | 0 | 38.87 | -7.85 | -29.34 | -6.86 | -397.1 | -298.84 | 15.79 | -26.11 | -41.04 | 9.72 | -18.77 | -22.26 | 16.23 | 0.31 | -39.58 | 97.3 | -6.68 | -18.45 | 157.05 | 3.04 | 71.94 | 12.66 | -1.17 | 18.87 | 92.66 | 0.0 | 0.0 | 31.71 | 0.0 | 0.0 | 16.43 | 0.12 | 0.12 | 178.44 | -6.21 | -10.88 | 226.57 | -4.95 | -8.77 | -11.07 | -68.75 | -525.42 | 167.37 | -8.88 | -15.67 | 0.10 | 4.0 | 5.61 |
| 23Q1 (14) | 55.81 | -11.12 | -21.7 | 27.08 | 40.24 | 260.59 | 7.06 | 0 | 0 | 0 | 0 | 0 | 42.18 | 7.03 | -7.03 | -1.38 | 51.92 | -123.47 | 21.37 | 13.61 | -3.04 | 11.97 | 15.64 | 18.63 | 16.18 | 0.19 | -23.97 | 104.26 | -0.64 | -13.07 | 152.42 | -3.12 | 191.88 | 12.81 | 20.62 | 19.61 | 92.66 | 0.0 | 0.0 | 31.71 | 0.0 | 0.0 | 16.41 | 0.0 | 0.0 | 190.25 | -0.73 | -5.79 | 238.36 | -0.59 | -4.68 | -6.56 | -2.02 | -187.23 | 183.69 | -0.83 | -12.3 | 0.09 | 0.1 | -6.6 |
| 22Q4 (13) | 62.79 | -5.79 | -10.78 | 19.31 | -29.4 | 71.49 | 0 | 0 | 0 | 0 | 0 | 0 | 39.41 | -6.12 | -31.22 | -2.87 | 54.01 | -134.33 | 18.81 | -10.51 | -23.29 | 10.35 | -1.71 | -4.84 | 16.15 | -23.64 | -29.81 | 104.93 | -2.51 | -10.92 | 157.33 | 11.85 | 521.86 | 10.62 | -0.56 | 0.47 | 92.66 | 0.0 | 0.0 | 31.71 | 0.0 | 31.47 | 16.41 | 0.0 | 0.0 | 191.65 | -1.21 | -13.79 | 239.77 | -0.96 | -8.77 | -6.43 | -376.3 | -193.61 | 185.22 | -3.85 | -15.85 | 0.09 | 1.56 | -3.13 |
| 22Q3 (12) | 66.65 | 6.13 | 18.83 | 27.35 | 73.54 | 582.04 | 0 | 0 | 0 | 0 | 0 | 0 | 41.98 | -23.69 | -25.7 | -6.24 | -262.79 | -142.86 | 21.02 | -21.51 | -18.56 | 10.53 | -15.8 | -10.58 | 21.15 | -21.26 | 14.51 | 107.63 | -9.8 | -15.19 | 140.66 | 54.0 | 2228.81 | 10.68 | 0.28 | 10.56 | 92.66 | 0.0 | 0.0 | 31.71 | 0.0 | 31.47 | 16.41 | 0.0 | 0.0 | 193.99 | -3.12 | -1.45 | 242.1 | -2.51 | 1.99 | -1.35 | 23.73 | -121.09 | 192.64 | -2.93 | -5.22 | 0.09 | -0.1 | -0.85 |
| 22Q2 (11) | 62.8 | -11.9 | 1.29 | 15.76 | 109.85 | 7780.0 | 0 | 0 | 0 | 0 | 0 | 0 | 55.01 | 21.25 | -7.28 | -1.72 | -129.25 | -110.41 | 26.78 | 21.51 | -0.26 | 12.50 | 23.96 | -4.36 | 26.86 | 26.22 | 65.09 | 119.32 | -0.52 | 1.47 | 91.34 | 74.91 | 0 | 10.65 | -0.56 | 10.25 | 92.66 | 0.0 | 0.0 | 31.71 | 0.0 | 31.47 | 16.41 | 0.0 | 0.0 | 200.23 | -0.85 | 9.84 | 248.34 | -0.69 | 11.45 | -1.77 | -123.54 | -147.97 | 198.46 | -5.25 | 6.7 | 0.09 | -8.03 | 0.71 |
| 22Q1 (10) | 71.28 | 1.28 | 9.14 | 7.51 | -33.3 | 24933.33 | 0 | 0 | 0 | 0 | 0 | 0 | 45.37 | -20.82 | -13.32 | 5.88 | -29.67 | -69.63 | 22.04 | -10.11 | -16.48 | 10.09 | -7.25 | -30.42 | 21.28 | -7.52 | 28.97 | 119.94 | 1.83 | 17.77 | 52.22 | 106.4 | 0 | 10.71 | 1.32 | 21.7 | 92.66 | 0.0 | 0.0 | 31.71 | 31.47 | 58.55 | 16.41 | 0.0 | 0.0 | 201.94 | -9.16 | 18.14 | 250.06 | -4.86 | 20.6 | 7.52 | 443.38 | 137.97 | 209.46 | -4.84 | 20.32 | 0.10 | 3.82 | 5.9 |
| 21Q4 (9) | 70.38 | 25.48 | 34.42 | 11.26 | 180.8 | 155.33 | 0 | 0 | 0 | 0 | 0 | 0 | 57.3 | 1.42 | 12.22 | 8.36 | -42.58 | -57.71 | 24.52 | -5.0 | -4.59 | 10.88 | -7.63 | -29.86 | 23.01 | 24.58 | 91.27 | 117.79 | -7.18 | 27.02 | 25.3 | 318.87 | 532.5 | 10.57 | 9.42 | 19.84 | 92.66 | 0.0 | 0.0 | 24.12 | 0.0 | 20.6 | 16.41 | 0.0 | 0.0 | 222.3 | 12.93 | 46.66 | 262.83 | 10.72 | 39.82 | -2.19 | -134.22 | -3028.57 | 220.11 | 8.3 | 45.29 | 0.10 | 3.95 | 1.7 |
| 21Q3 (8) | 56.09 | -9.53 | 11.49 | 4.01 | 1905.0 | -35.43 | 0 | 0 | 0 | 0 | 0 | 0 | 56.5 | -4.77 | 32.5 | 14.56 | -11.92 | 2.54 | 25.81 | -3.87 | 15.9 | 11.77 | -9.95 | -13.5 | 18.47 | 13.52 | 80.9 | 126.9 | 7.92 | 72.94 | 6.04 | 0 | 0 | 9.66 | 0.0 | 22.28 | 92.66 | 0.0 | 0.0 | 24.12 | 0.0 | 20.6 | 16.41 | 0.0 | 0.0 | 196.85 | 7.98 | 49.42 | 237.38 | 6.53 | 41.17 | 6.4 | 73.44 | 233.06 | 203.25 | 9.28 | 60.13 | 0.09 | 1.47 | -2.82 |
| 21Q2 (7) | 62.0 | -5.07 | 20.6 | 0.2 | 566.67 | -83.33 | 0 | 0 | 0 | 0 | 0 | 0 | 59.33 | 13.35 | 64.81 | 16.53 | -14.62 | 139.91 | 26.85 | 1.74 | 34.59 | 13.07 | -9.81 | 0 | 16.27 | -1.39 | 45.27 | 117.59 | 15.47 | 89.11 | 0 | 0 | 0 | 9.66 | 9.77 | 27.44 | 92.66 | 0.0 | 0.0 | 24.12 | 20.6 | 20.6 | 16.41 | 0.0 | 0.0 | 182.3 | 6.65 | 55.1 | 222.82 | 7.47 | 44.73 | 3.69 | 16.77 | 199.46 | 185.99 | 6.84 | 63.39 | 0.09 | -3.29 | -8.76 |
| 21Q1 (6) | 65.31 | 24.73 | 14.08 | 0.03 | -99.32 | -99.17 | 0 | 0 | 0 | 0 | 0 | 0 | 52.34 | 2.51 | 45.15 | 19.36 | -2.07 | 8317.39 | 26.39 | 2.68 | 49.26 | 14.50 | -6.5 | 0 | 16.5 | 37.16 | 26.92 | 101.84 | 9.82 | 40.78 | 0 | -100.0 | 0 | 8.8 | -0.23 | 30.56 | 92.66 | 0.0 | 0.0 | 20.0 | 0.0 | 11.73 | 16.41 | 0.0 | 0.0 | 170.93 | 12.77 | 51.44 | 207.34 | 10.3 | 40.87 | 3.16 | 4614.29 | 152.06 | 174.09 | 14.91 | 63.01 | 0.09 | -0.29 | -0.39 |
| 20Q4 (5) | 52.36 | 4.07 | 53.86 | 4.41 | -28.99 | 2000.0 | 0 | 0 | 0 | 0 | 0 | 0 | 51.06 | 19.75 | 4.35 | 19.77 | 39.23 | 570.17 | 25.7 | 15.4 | 6.07 | 15.50 | 13.92 | 0 | 12.03 | 17.83 | -28.09 | 92.73 | 26.37 | 38.88 | 4.0 | 0 | 0 | 8.82 | 11.65 | 30.86 | 92.66 | 0.0 | 0.0 | 20.0 | 0.0 | 11.73 | 16.41 | 0.0 | 0.0 | 151.57 | 15.05 | 34.55 | 187.98 | 11.79 | 27.91 | -0.07 | 98.54 | -102.5 | 151.5 | 19.36 | 31.23 | 0.09 | -0.67 | -10.26 |
| 20Q3 (4) | 50.31 | -2.14 | 0.0 | 6.21 | 417.5 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 42.64 | 18.44 | 0.0 | 14.2 | 106.1 | 0.0 | 22.27 | 11.63 | 0.0 | 13.61 | 0 | 0.0 | 10.21 | -8.84 | 0.0 | 73.38 | 18.01 | 0.0 | 0 | 0 | 0.0 | 7.9 | 4.22 | 0.0 | 92.66 | 0.0 | 0.0 | 20.0 | 0.0 | 0.0 | 16.41 | 0.0 | 0.0 | 131.74 | 12.08 | 0.0 | 168.15 | 9.22 | 0.0 | -4.81 | -29.65 | 0.0 | 126.93 | 11.51 | 0.0 | 0.09 | -4.74 | 0.0 |
