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) | 32.1 | -24.38 | 42.01 | 1.6 | 4.17 | -93.11 | 0 | 0 | 731.96 | 0.52 | -2.83 | 0 | 47.16 | 33.18 | 6.44 | 32.5 | 90.16 | 1.38 | 0.23 | 0.0 | 166.49 | 74.61 | 0.06 | -33.33 | 136.47 | 0.7 | 28.39 | 0.0 | 3.42 | 0.0 | 16.61 | -24.57 | 48.41 | -10.07 | 106.21 | 70.7 | 122.82 | 45.8 | 0.00 | 0 |
| 2022 (9) | 42.45 | -2.28 | 41.35 | 36.15 | 60.56 | 1918.67 | 0 | 0 | 728.2 | -11.13 | -12.36 | 0 | 35.41 | -28.35 | 4.86 | -19.37 | 88.93 | 3.01 | 0.23 | 27.78 | 95.35 | -34.14 | 0.09 | -18.18 | 135.52 | 0.55 | 28.39 | 10.0 | 3.42 | 0.0 | 22.02 | -55.19 | 53.83 | -31.31 | 62.22 | -18.47 | 84.24 | -32.86 | 0.00 | 0 |
| 2021 (8) | 43.44 | 19.87 | 30.37 | 91.37 | 3.0 | 0 | 0 | 0 | 819.42 | 57.98 | 21.47 | 0.61 | 49.42 | 23.98 | 6.03 | -21.52 | 86.33 | 46.94 | 0.18 | -5.26 | 144.78 | 14.57 | 0.11 | -31.25 | 134.78 | 1.16 | 25.81 | 10.35 | 3.42 | 0.0 | 49.14 | 26.81 | 78.37 | 19.54 | 76.32 | 83.11 | 125.46 | 55.99 | 0.00 | 0 |
| 2020 (7) | 36.24 | -31.94 | 15.87 | -68.1 | 0 | 0 | 0 | 0 | 518.67 | -17.3 | 21.34 | 0 | 39.86 | 6.81 | 7.69 | 29.14 | 58.75 | -11.75 | 0.19 | -5.0 | 126.37 | -4.76 | 0.16 | 220.0 | 133.23 | 0.0 | 23.39 | 0.0 | 3.42 | 0.0 | 38.75 | 125.29 | 65.56 | 48.97 | 41.68 | 174.21 | 80.43 | 148.24 | 0.00 | 0 |
| 2019 (6) | 53.25 | 8.85 | 49.75 | 15.83 | 0 | 0 | 0 | 0 | 627.15 | 2.38 | -1.4 | 0 | 37.32 | -8.1 | 5.95 | -10.24 | 66.57 | -21.53 | 0.2 | -28.57 | 132.69 | -10.47 | 0.05 | -28.57 | 133.23 | 2.97 | 23.39 | 3.31 | 3.42 | 0.0 | 17.2 | -33.46 | 44.01 | -15.22 | 15.2 | 184.64 | 32.4 | 3.88 | 0.00 | 0 |
| 2018 (5) | 48.92 | -24.4 | 42.95 | -40.63 | 8.71 | 8.33 | 0 | 0 | 612.58 | 21.06 | 7.54 | -67.81 | 40.61 | 15.93 | 6.63 | -4.24 | 84.83 | 11.6 | 0.28 | -6.67 | 148.21 | 83.91 | 0.07 | 0.0 | 129.39 | 7.86 | 22.64 | 11.53 | 3.42 | 0.0 | 25.85 | -29.51 | 51.91 | -14.04 | 5.34 | -77.75 | 31.19 | -48.59 | 0.00 | 0 |
| 2017 (4) | 64.71 | 40.55 | 72.34 | 88.88 | 8.04 | -0.25 | 0 | 0 | 506.0 | 19.36 | 23.42 | 115.06 | 35.03 | 9.98 | 6.92 | -7.86 | 76.01 | 44.31 | 0.3 | -9.09 | 80.59 | -4.69 | 0.07 | 250.0 | 119.96 | 2.42 | 20.3 | 5.67 | 3.42 | 0.0 | 36.67 | 52.73 | 60.39 | 29.48 | 24.0 | 86.34 | 60.67 | 64.46 | 0.00 | 0 |
| 2016 (3) | 46.04 | -48.13 | 38.3 | -37.2 | 8.06 | 6.75 | 0 | 0 | 423.92 | -2.88 | 10.89 | 0 | 31.85 | 28.74 | 7.51 | 32.55 | 52.67 | 33.48 | 0.33 | -8.33 | 84.56 | 1.08 | 0.02 | -33.33 | 117.12 | 0.0 | 19.21 | 0.0 | 3.42 | 0.0 | 24.01 | 53.22 | 46.64 | 21.78 | 12.88 | -18.12 | 36.89 | 17.48 | 0.00 | 0 |
| 2015 (2) | 88.76 | -34.59 | 60.99 | -46.64 | 7.55 | 19.27 | 0 | 0 | 436.48 | -18.08 | -1.72 | 0 | 24.74 | -23.38 | 5.67 | -6.47 | 39.46 | -31.18 | 0.36 | -83.56 | 83.66 | 5.64 | 0.03 | 0.0 | 117.12 | 0.97 | 19.21 | 0.0 | 3.42 | 0.0 | 15.67 | -21.45 | 38.3 | -10.03 | 15.73 | -17.77 | 31.4 | -19.65 | 0.00 | 0 |
| 2014 (1) | 135.69 | -4.21 | 114.29 | -15.72 | 6.33 | 6.21 | 0.02 | 100.0 | 532.82 | 3.26 | -2.43 | 0 | 32.29 | -22.08 | 6.06 | -24.54 | 57.34 | -10.64 | 2.19 | 2.34 | 79.19 | 25.3 | 0.03 | 0.0 | 115.99 | 0.26 | 19.21 | 3.22 | 3.42 | 0.0 | 19.95 | -29.9 | 42.57 | -15.67 | 19.13 | 47.84 | 39.08 | -5.6 | 0.00 | 0 |
| 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) | 50.61 | 1.42 | 28.81 | 60.91 | -9.2 | 34.46 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 170.04 | -16.57 | -14.36 | -7.26 | -26.92 | -239.62 | 44.02 | -11.02 | -5.21 | 5.86 | -7.64 | -11.76 | 75.27 | -25.63 | -23.56 | 0.24 | -4.0 | 0.0 | 171.05 | 0.15 | 73.41 | 0.18 | 157.14 | 157.14 | 136.77 | 0.04 | 0.37 | 28.39 | 0.0 | 0.0 | 3.42 | 0.0 | 0.0 | -6.63 | -1152.38 | -135.84 | 25.17 | -22.39 | -49.96 | 116.21 | -4.08 | 11.29 | 109.58 | -10.02 | -10.85 | 0.00 | 0 | 0 |
| 24Q2 (19) | 49.9 | 45.65 | 31.84 | 67.08 | -0.1 | 72.44 | 5.01 | -34.68 | -91.68 | 0 | 0 | 0 | 203.82 | 14.35 | 15.94 | -5.72 | 26.76 | 11.04 | 49.47 | -1.2 | 41.99 | 6.35 | -4.75 | 21.12 | 101.21 | -19.49 | 4.45 | 0.25 | 4.17 | 4.17 | 170.79 | -0.81 | 63.5 | 0.07 | -12.5 | -12.5 | 136.72 | 0.09 | 0.76 | 28.39 | 0.0 | 0.0 | 3.42 | 0.0 | 0.0 | 0.63 | -90.08 | -95.26 | 32.43 | -14.99 | -28.06 | 121.15 | -3.37 | 35.62 | 121.78 | -7.55 | 18.68 | 0.00 | 0 | 0 |
| 24Q1 (18) | 34.26 | 6.73 | -11.01 | 67.15 | 59.84 | 37.72 | 7.67 | 83.93 | -88.12 | 0 | 0 | 0 | 178.25 | -10.22 | 12.06 | -7.81 | -308.9 | -2540.62 | 50.07 | 6.17 | 25.05 | 6.67 | 3.46 | 15.75 | 125.71 | 39.43 | 22.66 | 0.24 | 4.35 | 4.35 | 172.18 | 3.42 | 75.34 | 0.08 | 33.33 | 14.29 | 136.6 | 0.1 | 0.71 | 28.39 | 0.0 | 0.0 | 3.42 | 0.0 | 0.0 | 6.35 | -61.77 | -67.78 | 38.15 | -21.19 | -25.95 | 125.38 | 18.05 | 79.99 | 131.73 | 7.25 | 47.4 | 0.00 | 0 | 0 |
| 23Q4 (17) | 32.1 | -18.3 | -24.38 | 42.01 | -7.26 | 1.6 | 4.17 | -94.16 | -93.11 | 0 | 0 | 0 | 198.53 | -0.02 | 20.04 | -1.91 | -136.73 | 53.75 | 47.16 | 1.55 | 33.18 | 6.44 | -3.05 | 32.5 | 90.16 | -8.44 | 1.38 | 0.23 | -4.17 | 0.0 | 166.49 | 68.79 | 74.61 | 0.06 | -14.29 | -33.33 | 136.47 | 0.15 | 0.7 | 28.39 | 0.0 | 0.0 | 3.42 | 0.0 | 0.0 | 16.61 | -10.22 | -24.57 | 48.41 | -3.76 | -10.07 | 106.21 | 1.71 | 70.7 | 122.82 | -0.08 | 45.8 | 0.00 | 0 | 0 |
| 23Q3 (16) | 39.29 | 3.8 | 5.68 | 45.3 | 16.45 | 42.54 | 71.41 | 18.64 | 0 | 0 | 0 | 0 | 198.56 | 12.95 | 20.79 | 5.2 | 180.87 | 161.1 | 46.44 | 33.3 | 37.23 | 6.65 | 26.78 | 53.43 | 98.47 | 1.62 | 15.06 | 0.24 | 0.0 | 33.33 | 98.64 | -5.57 | -36.28 | 0.07 | -12.5 | -12.5 | 136.26 | 0.42 | 0.63 | 28.39 | 0.0 | 0.0 | 3.42 | 0.0 | 0.0 | 18.5 | 39.31 | -28.68 | 50.3 | 11.58 | -12.9 | 104.42 | 16.89 | 60.75 | 122.92 | 19.79 | 35.23 | 0.00 | 0 | 0 |
| 23Q2 (15) | 37.85 | -1.69 | 13.39 | 38.9 | -20.22 | -33.9 | 60.19 | -6.8 | 0 | 0 | 0 | 0 | 175.8 | 10.52 | -14.85 | -6.43 | -2109.38 | 31.52 | 34.84 | -12.99 | -20.46 | 5.24 | -8.97 | 0.49 | 96.9 | -5.45 | -16.34 | 0.24 | 4.35 | 50.0 | 104.46 | 6.37 | -27.0 | 0.08 | 14.29 | -11.11 | 135.69 | 0.04 | 0.47 | 28.39 | 0.0 | 0.0 | 3.42 | 0.0 | 0.0 | 13.28 | -32.62 | -60.94 | 45.08 | -12.5 | -31.5 | 89.33 | 28.24 | 36.22 | 102.61 | 14.81 | 3.04 | 0.00 | 0 | 0 |
| 23Q1 (14) | 38.5 | -9.31 | 31.44 | 48.76 | 17.92 | -5.98 | 64.58 | 6.64 | 0 | 0 | 0 | 0 | 159.06 | -3.83 | -17.13 | 0.32 | 107.75 | -96.69 | 40.04 | 13.08 | -24.88 | 5.76 | 18.42 | -9.22 | 102.49 | 15.25 | -20.35 | 0.23 | 0.0 | 21.05 | 98.2 | 2.99 | -32.78 | 0.07 | -22.22 | -36.36 | 135.64 | 0.09 | 0.46 | 28.39 | 0.0 | 10.0 | 3.42 | 0.0 | 0.0 | 19.71 | -10.49 | -56.86 | 51.52 | -4.29 | -31.23 | 69.66 | 11.96 | -17.52 | 89.37 | 6.09 | -31.33 | 0.00 | 0 | 0 |
| 22Q4 (13) | 42.45 | 14.17 | -2.28 | 41.35 | 30.11 | 36.15 | 60.56 | 0 | 1918.67 | 0 | 0 | 0 | 165.39 | 0.61 | -24.3 | -4.13 | 51.47 | 52.8 | 35.41 | 4.64 | -28.35 | 4.86 | 12.27 | -19.37 | 88.93 | 3.91 | 3.01 | 0.23 | 27.78 | 27.78 | 95.35 | -38.4 | -34.14 | 0.09 | 12.5 | -18.18 | 135.52 | 0.08 | 0.55 | 28.39 | 0.0 | 10.0 | 3.42 | 0.0 | 0.0 | 22.02 | -15.11 | -55.19 | 53.83 | -6.79 | -31.31 | 62.22 | -4.22 | -18.47 | 84.24 | -7.33 | -32.86 | 0.00 | 0 | 0 |
| 22Q3 (12) | 37.18 | 11.38 | -10.71 | 31.78 | -46.0 | -15.28 | 0 | 0 | 0 | 0 | 0 | 0 | 164.38 | -20.39 | -26.21 | -8.51 | 9.37 | -242.31 | 33.84 | -22.74 | -25.2 | 4.33 | -16.96 | -26.37 | 85.58 | -26.12 | -25.67 | 0.18 | 12.5 | -5.26 | 154.8 | 8.18 | 9.8 | 0.08 | -11.11 | -33.33 | 135.41 | 0.26 | 0.64 | 28.39 | 0.0 | 10.0 | 3.42 | 0.0 | 0.0 | 25.94 | -23.71 | -55.3 | 57.75 | -12.25 | -33.82 | 64.96 | -0.95 | 7.41 | 90.9 | -8.72 | -23.3 | 0.00 | 0 | 0 |
| 22Q2 (11) | 33.38 | 13.96 | 2.33 | 58.85 | 13.48 | 5.09 | 0 | 0 | 0 | 0 | 0 | 0 | 206.47 | 7.56 | -0.28 | -9.39 | -197.1 | -182.08 | 43.8 | -17.82 | -10.78 | 5.22 | -17.77 | -27.12 | 115.83 | -9.98 | 14.57 | 0.16 | -15.79 | -15.79 | 143.09 | -2.05 | 24.61 | 0.09 | -18.18 | -35.71 | 135.06 | 0.03 | 1.37 | 28.39 | 10.0 | 21.38 | 3.42 | 0.0 | 0.0 | 34.0 | -25.59 | -32.15 | 65.81 | -12.16 | -14.44 | 65.58 | -22.35 | 34.17 | 99.58 | -23.49 | 0.6 | 0.00 | 0 | 0 |
| 22Q1 (10) | 29.29 | -32.57 | -16.91 | 51.86 | 70.76 | 37.82 | 0 | -100.0 | 0 | 0 | 0 | 0 | 191.95 | -12.14 | 12.19 | 9.67 | 210.51 | -24.51 | 53.3 | 7.85 | 3.58 | 6.34 | 5.17 | -25.95 | 128.67 | 49.04 | 37.88 | 0.19 | 5.56 | 0.0 | 146.08 | 0.9 | 11.76 | 0.11 | 0.0 | -26.67 | 135.02 | 0.18 | 1.34 | 25.81 | 0.0 | 10.35 | 3.42 | 0.0 | 0.0 | 45.69 | -7.02 | 18.15 | 74.92 | -4.4 | 14.42 | 84.46 | 10.67 | 80.39 | 130.15 | 3.74 | 52.24 | 0.00 | 0 | 0 |
| 21Q4 (9) | 43.44 | 4.32 | 19.87 | 30.37 | -19.03 | 91.37 | 3.0 | 0 | 0 | 0 | 0 | 0 | 218.48 | -1.93 | 29.93 | -8.75 | -246.32 | -168.84 | 49.42 | 9.24 | 23.98 | 6.03 | 2.53 | -21.52 | 86.33 | -25.02 | 46.94 | 0.18 | -5.26 | -5.26 | 144.78 | 2.69 | 14.57 | 0.11 | -8.33 | -31.25 | 134.78 | 0.17 | 1.16 | 25.81 | 0.0 | 10.35 | 3.42 | 0.0 | 0.0 | 49.14 | -15.32 | 26.81 | 78.37 | -10.19 | 19.54 | 76.32 | 26.19 | 83.11 | 125.46 | 5.86 | 55.99 | 0.00 | 0 | 0 |
| 21Q3 (8) | 41.64 | 27.65 | 1.34 | 37.51 | -33.02 | 65.83 | 0 | 0 | 0 | 0 | 0 | 0 | 222.78 | 7.59 | 59.65 | 5.98 | -47.73 | -44.16 | 45.24 | -7.84 | 46.22 | 5.88 | -17.82 | -3.52 | 115.14 | 13.89 | 91.58 | 0.19 | 0.0 | 0.0 | 140.99 | 22.78 | 10.23 | 0.12 | -14.29 | -25.0 | 134.55 | 0.99 | 0.99 | 25.81 | 10.35 | 10.35 | 3.42 | 0.0 | 0.0 | 58.03 | 15.81 | 142.8 | 87.26 | 13.44 | 72.08 | 60.48 | 23.73 | 91.88 | 118.51 | 19.72 | 113.84 | 0.00 | 0 | 0 |
| 21Q2 (7) | 32.62 | -7.46 | -14.43 | 56.0 | 48.82 | 62.6 | 0 | 0 | -100.0 | 0 | 0 | 0 | 207.06 | 21.02 | 69.82 | 11.44 | -10.69 | 79.87 | 49.09 | -4.61 | 74.82 | 7.16 | -16.45 | 0 | 101.1 | 8.34 | 74.61 | 0.19 | 0.0 | -5.0 | 114.83 | -12.15 | -5.75 | 0.14 | -6.67 | 133.33 | 133.23 | 0.0 | 0.0 | 23.39 | 0.0 | 0.0 | 3.42 | 0.0 | 0.0 | 50.11 | 29.58 | 297.38 | 76.92 | 17.47 | 95.13 | 48.88 | 4.4 | 141.62 | 98.99 | 15.79 | 201.43 | 0.00 | 0 | 0 |
| 21Q1 (6) | 35.25 | -2.73 | -2.03 | 37.63 | 137.11 | -35.57 | 0 | 0 | 0 | 0 | 0 | 0 | 171.1 | 1.75 | 92.12 | 12.81 | 0.79 | 251.96 | 51.46 | 29.1 | 67.13 | 8.57 | 11.47 | 0 | 93.32 | 58.84 | 37.22 | 0.19 | 0.0 | -5.0 | 130.71 | 3.43 | -0.16 | 0.15 | -6.25 | 114.29 | 133.23 | 0.0 | 0.0 | 23.39 | 0.0 | 0.0 | 3.42 | 0.0 | 0.0 | 38.67 | -0.21 | 531.86 | 65.48 | -0.12 | 98.85 | 46.82 | 12.33 | 313.97 | 85.49 | 6.29 | 390.48 | 0.00 | 0 | 0 |
| 20Q4 (5) | 36.24 | -11.8 | -31.94 | 15.87 | -29.84 | -68.1 | 0 | 0 | 0 | 0 | 0 | 0 | 168.15 | 20.5 | 7.15 | 12.71 | 18.67 | 1729.49 | 39.86 | 28.83 | 6.81 | 7.68 | 26.04 | 0 | 58.75 | -2.25 | -11.75 | 0.19 | 0.0 | -5.0 | 126.37 | -1.2 | -4.76 | 0.16 | 0.0 | 220.0 | 133.23 | 0.0 | 0.0 | 23.39 | 0.0 | 0.0 | 3.42 | 0.0 | 0.0 | 38.75 | 62.13 | 125.29 | 65.56 | 29.28 | 48.97 | 41.68 | 32.23 | 174.21 | 80.43 | 45.13 | 148.24 | 0.00 | 0 | 0 |
| 20Q3 (4) | 41.09 | 7.79 | 0.0 | 22.62 | -34.32 | 0.0 | 0 | -100.0 | 0.0 | 0 | 0 | 0.0 | 139.54 | 14.44 | 0.0 | 10.71 | 68.4 | 0.0 | 30.94 | 10.19 | 0.0 | 6.10 | 0 | 0.0 | 60.1 | 3.8 | 0.0 | 0.19 | -5.0 | 0.0 | 127.9 | 4.97 | 0.0 | 0.16 | 166.67 | 0.0 | 133.23 | 0.0 | 0.0 | 23.39 | 0.0 | 0.0 | 3.42 | 0.0 | 0.0 | 23.9 | 89.53 | 0.0 | 50.71 | 28.64 | 0.0 | 31.52 | 55.81 | 0.0 | 55.42 | 68.76 | 0.0 | 0.00 | 0 | 0.0 |
