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) | 42.41 | -22.58 | 22.51 | -25.83 | 0 | 0 | 0 | 0 | 285.02 | -17.92 | 4.45 | -86.93 | 22.81 | -23.69 | 8.00 | -7.03 | 78.58 | -17.38 | 94.81 | -6.81 | 104.0 | 8.33 | 0 | 0 | 168.47 | 0.0 | 93.19 | 3.84 | 22.15 | 0.0 | 77.56 | -21.72 | 192.89 | -8.57 | 168.95 | 2.37 | 246.51 | -6.67 | 0.00 | 0 |
| 2022 (9) | 54.78 | 57.82 | 30.35 | -4.17 | 0 | 0 | 0 | 0 | 347.23 | 5.87 | 34.05 | 58.89 | 29.89 | -22.08 | 8.61 | -26.4 | 95.11 | 20.15 | 101.74 | 0.42 | 96.0 | -1.03 | 0 | 0 | 168.47 | 0.0 | 89.74 | 2.29 | 22.15 | 0.0 | 99.08 | 18.67 | 210.97 | 9.1 | 165.04 | -33.39 | 264.12 | -20.27 | 0.00 | 0 |
| 2021 (8) | 34.71 | 12.59 | 31.67 | -3.03 | 0 | 0 | 0 | 0 | 327.99 | 13.95 | 21.43 | 2.24 | 38.36 | 15.75 | 11.70 | 1.58 | 79.16 | 15.58 | 101.31 | -1.03 | 97.0 | 8.99 | 0 | 0 | 168.47 | 0.0 | 87.73 | 2.49 | 22.15 | 0.0 | 83.49 | 1.46 | 193.37 | 1.75 | 247.78 | 1.74 | 331.27 | 1.67 | 0.00 | 0 |
| 2020 (7) | 30.83 | -4.76 | 32.66 | -12.98 | 0.57 | -5.0 | 0 | 0 | 287.83 | -21.46 | 20.96 | -59.61 | 33.14 | -1.72 | 11.51 | 25.14 | 68.49 | -15.28 | 102.36 | 17.63 | 89.0 | 37.77 | 0 | 0 | 168.47 | 0.0 | 85.6 | 6.45 | 22.15 | 0.0 | 82.29 | -24.06 | 190.04 | -9.9 | 243.55 | -2.62 | 325.84 | -9.1 | 0.00 | 0 |
| 2019 (6) | 32.37 | -4.57 | 37.53 | 3.13 | 0.6 | -64.71 | 0 | 0 | 366.48 | -17.73 | 51.89 | 9.54 | 33.72 | -38.24 | 9.20 | -24.93 | 80.84 | -7.19 | 87.02 | 170.5 | 64.6 | -19.47 | 0 | 0 | 168.47 | 0.0 | 80.41 | 6.25 | 22.15 | 0.0 | 108.36 | 11.22 | 210.92 | 8.03 | 250.1 | -20.08 | 358.46 | -12.65 | 0.00 | -99.9 |
| 2018 (5) | 33.92 | -31.38 | 36.39 | 29.69 | 1.7 | 23.19 | 0 | 0 | 445.45 | 9.43 | 47.37 | 10.68 | 54.6 | 11.13 | 12.26 | 1.56 | 87.1 | 3.05 | 32.17 | 3.01 | 80.22 | -27.63 | 0 | 0 | 168.47 | 0.0 | 75.68 | 5.99 | 22.15 | 0.0 | 97.43 | 80.49 | 195.25 | 32.35 | 312.92 | -16.61 | 410.35 | -4.4 | 0.08 | 55.42 |
| 2017 (4) | 49.43 | -12.58 | 28.06 | -6.12 | 1.38 | -31.34 | 0 | 0 | 407.06 | 2.15 | 42.8 | 22.95 | 49.13 | -0.93 | 12.07 | -3.01 | 84.52 | 7.59 | 31.23 | -8.9 | 110.84 | -3.04 | 0 | 0 | 168.47 | 0.0 | 71.4 | 5.14 | 22.15 | 29.61 | 53.98 | 11.76 | 147.52 | 10.67 | 375.26 | 3.3 | 429.24 | 4.3 | 0.05 | 3.4 |
| 2016 (3) | 56.54 | 0.23 | 29.89 | -14.79 | 2.01 | 66.12 | 0 | 0 | 398.49 | -7.05 | 34.81 | 23.05 | 49.59 | -3.13 | 12.44 | 4.23 | 78.56 | 0.36 | 34.28 | 8.55 | 114.32 | 10.33 | 0 | 0 | 168.47 | 0.0 | 67.91 | 4.33 | 17.09 | 23.66 | 48.3 | 26.44 | 133.3 | 13.83 | 363.26 | 50.46 | 411.56 | 47.17 | 0.05 | -16.39 |
| 2015 (2) | 56.41 | 48.56 | 35.08 | 27.01 | 1.21 | 68.06 | 0 | 0 | 428.73 | -11.04 | 28.29 | -19.58 | 51.19 | -8.13 | 11.94 | 3.27 | 78.28 | -1.53 | 31.58 | 8.56 | 103.62 | 12.4 | 0 | 0 | 168.47 | 0.0 | 65.09 | 5.72 | 13.82 | 114.6 | 38.2 | -17.62 | 117.1 | 2.38 | 241.44 | 16.54 | 279.64 | 10.29 | 0.06 | -2.18 |
| 2014 (1) | 37.97 | 23.88 | 27.62 | -25.47 | 0.72 | -24.21 | 0 | 0 | 481.91 | 1.54 | 35.18 | 65.24 | 55.72 | 13.6 | 11.56 | 11.88 | 79.5 | 7.97 | 29.09 | -61.48 | 92.19 | -8.6 | 0 | 0 | 168.47 | 0.0 | 61.57 | 3.58 | 6.44 | 96.94 | 46.37 | 31.14 | 114.38 | 16.64 | 207.18 | -15.5 | 253.55 | -9.62 | 0.06 | 12.41 |
| 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) | 41.65 | -3.14 | -12.09 | 22.42 | -2.82 | -5.24 | 0 | 0 | 0 | 0 | 0 | 0 | 70.9 | -6.99 | -0.76 | 9.62 | 295.88 | 1824.0 | 28.34 | -6.47 | 4.0 | 9.99 | -6.29 | 9.3 | 70.77 | -1.86 | -8.11 | 92.61 | -1.63 | -2.74 | 88.0 | -8.33 | -19.27 | 0 | 0 | 0 | 168.47 | 0.0 | 0.0 | 93.91 | 0.0 | 0.77 | 22.15 | 0.0 | 0.0 | 86.3 | 12.56 | 13.05 | 202.35 | 4.99 | 5.57 | 60.87 | -46.37 | -64.7 | 147.17 | -22.62 | -40.84 | 0.00 | 0 | 0 |
| 24Q2 (19) | 43.0 | 5.89 | -21.88 | 23.07 | -10.69 | -4.47 | 0 | 0 | 0 | 0 | 0 | 0 | 76.23 | 6.32 | 5.45 | 2.43 | 35.75 | -47.85 | 30.3 | -1.88 | 13.7 | 10.66 | -3.24 | 25.68 | 72.11 | -5.16 | -11.89 | 94.14 | 0.61 | -7.42 | 96.0 | -3.03 | 0.0 | 0 | 0 | 0 | 168.47 | 0.0 | 0.0 | 93.91 | 0.77 | 0.77 | 22.15 | 0.0 | 0.0 | 76.67 | 2.27 | 1.09 | 192.73 | 1.27 | 0.81 | 113.51 | -12.56 | -37.53 | 190.18 | -7.13 | -26.16 | 0.00 | 0 | 0 |
| 24Q1 (18) | 40.61 | -4.24 | -25.29 | 25.83 | 14.75 | -3.4 | 0 | 0 | 0 | 0 | 0 | 0 | 71.7 | 10.72 | -6.31 | 1.79 | 216.99 | 118.29 | 30.88 | 35.38 | 5.97 | 11.02 | 37.71 | 26.56 | 76.03 | -3.25 | -14.52 | 93.57 | -1.31 | -7.89 | 99.0 | -4.81 | 3.12 | 0 | 0 | 0 | 168.47 | 0.0 | 0.0 | 93.19 | 0.0 | 3.84 | 22.15 | 0.0 | 0.0 | 74.97 | -3.34 | 0.46 | 190.31 | -1.34 | 2.03 | 129.82 | -23.16 | -29.89 | 204.79 | -16.92 | -21.17 | 0.00 | 0 | 0 |
| 23Q4 (17) | 42.41 | -10.49 | -22.58 | 22.51 | -4.86 | -25.83 | 0 | 0 | 0 | 0 | 0 | 0 | 64.76 | -9.35 | -16.73 | -1.53 | -406.0 | -167.4 | 22.81 | -16.29 | -23.69 | 8.00 | -12.47 | -7.03 | 78.58 | 2.03 | -17.38 | 94.81 | -0.43 | -6.81 | 104.0 | -4.59 | 8.33 | 0 | 0 | 0 | 168.47 | 0.0 | 0.0 | 93.19 | 0.0 | 3.84 | 22.15 | 0.0 | 0.0 | 77.56 | 1.6 | -21.72 | 192.89 | 0.63 | -8.57 | 168.95 | -2.01 | 2.37 | 246.51 | -0.9 | -6.67 | 0.00 | 0 | 0 |
| 23Q3 (16) | 47.38 | -13.92 | 7.36 | 23.66 | -2.03 | -30.82 | 0 | 0 | 0 | 0 | 0 | 0 | 71.44 | -1.18 | -18.35 | 0.5 | -89.27 | -91.47 | 27.25 | 2.25 | -26.37 | 9.14 | 7.76 | -12.55 | 77.02 | -5.89 | -17.99 | 95.22 | -6.35 | -5.9 | 109.0 | 13.54 | 13.54 | 0 | 0 | 0 | 168.47 | 0.0 | 0.0 | 93.19 | 0.0 | 3.84 | 22.15 | 0.0 | 0.0 | 76.34 | 0.66 | -20.82 | 191.68 | 0.26 | -7.98 | 172.42 | -5.11 | -7.52 | 248.76 | -3.41 | -12.06 | 0.00 | 0 | 0 |
| 23Q2 (15) | 55.04 | 1.25 | 35.47 | 24.15 | -9.69 | -33.49 | 0 | 0 | 0 | 0 | 0 | 0 | 72.29 | -5.54 | -22.12 | 4.66 | 468.29 | -77.1 | 26.65 | -8.54 | -37.13 | 8.48 | -2.57 | -31.49 | 81.84 | -7.98 | -7.94 | 101.68 | 0.1 | -1.63 | 96.0 | 0.0 | -1.03 | 0 | 0 | 0 | 168.47 | 0.0 | 0.0 | 93.19 | 3.84 | 3.84 | 22.15 | 0.0 | 0.0 | 75.84 | 1.62 | -16.25 | 191.18 | 2.5 | -5.56 | 181.7 | -1.87 | -21.75 | 257.54 | -0.87 | -20.2 | 0.00 | 0 | 0 |
| 23Q1 (14) | 54.36 | -0.77 | 59.23 | 26.74 | -11.89 | -24.36 | 0 | 0 | 0 | 0 | 0 | 0 | 76.53 | -1.59 | -14.15 | 0.82 | -63.88 | -85.28 | 29.14 | -2.51 | -30.98 | 8.71 | 1.16 | -30.79 | 88.94 | -6.49 | 6.08 | 101.58 | -0.16 | -2.13 | 96.0 | 0.0 | -1.03 | 0 | 0 | 0 | 168.47 | 0.0 | 0.0 | 89.74 | 0.0 | 2.29 | 22.15 | 0.0 | 0.0 | 74.63 | -24.68 | -16.2 | 186.52 | -11.59 | -6.24 | 185.17 | 12.2 | -24.65 | 259.8 | -1.64 | -22.41 | 0.00 | 0 | 0 |
| 22Q4 (13) | 54.78 | 24.13 | 57.82 | 30.35 | -11.26 | -4.17 | 0 | 0 | 0 | 0 | 0 | 0 | 77.77 | -11.12 | -7.98 | 2.27 | -61.26 | -36.41 | 29.89 | -19.24 | -22.08 | 8.61 | -17.67 | -26.4 | 95.11 | 1.28 | 20.15 | 101.74 | 0.54 | 0.42 | 96.0 | 0.0 | -1.03 | 0 | 0 | 0 | 168.47 | 0.0 | 0.0 | 89.74 | 0.0 | 2.29 | 22.15 | 0.0 | 0.0 | 99.08 | 2.77 | 18.67 | 210.97 | 1.28 | 9.1 | 165.04 | -11.48 | -33.39 | 264.12 | -6.63 | -20.27 | 0.00 | 0 | 0 |
| 22Q3 (12) | 44.13 | 8.61 | 36.12 | 34.2 | -5.81 | 7.04 | 0 | 0 | 0 | 0 | 0 | 0 | 87.5 | -5.73 | 15.45 | 5.86 | -71.2 | -11.88 | 37.01 | -12.69 | 4.9 | 10.46 | -15.58 | -6.63 | 93.91 | 5.64 | 23.06 | 101.19 | -2.1 | 1.58 | 96.0 | -1.03 | 4.35 | 0 | 0 | 0 | 168.47 | 0.0 | 0.0 | 89.74 | 0.0 | 2.29 | 22.15 | 0.0 | 0.0 | 96.41 | 6.47 | 18.48 | 208.3 | 2.89 | 8.92 | 186.45 | -19.7 | -30.48 | 282.86 | -12.36 | -19.08 | 0.00 | 0 | 0 |
| 22Q2 (11) | 40.63 | 19.01 | 32.91 | 36.31 | 2.72 | 5.25 | 0 | 0 | 0 | 0 | 0 | 0 | 92.82 | 4.13 | 7.82 | 20.35 | 265.35 | 272.03 | 42.39 | 0.4 | 0.78 | 12.39 | -1.57 | -10.13 | 88.9 | 6.04 | 26.67 | 103.36 | -0.41 | 1.35 | 97.0 | 0.0 | 8.99 | 0 | 0 | 0 | 168.47 | 0.0 | 0.0 | 89.74 | 2.29 | 2.29 | 22.15 | 0.0 | 0.0 | 90.55 | 1.67 | 21.19 | 202.44 | 1.76 | 9.67 | 232.2 | -5.52 | -17.57 | 322.75 | -3.6 | -9.45 | 0.00 | 0 | 0 |
| 22Q1 (10) | 34.14 | -1.64 | 35.96 | 35.35 | 11.62 | -1.78 | 0 | 0 | 0 | 0 | 0 | 0 | 89.14 | 5.48 | 9.24 | 5.57 | 56.02 | -2.96 | 42.22 | 10.06 | 1.2 | 12.58 | 7.59 | -14.48 | 83.84 | 5.91 | 18.1 | 103.79 | 2.45 | -0.11 | 97.0 | 0.0 | 8.99 | 0 | 0 | 0 | 168.47 | 0.0 | 0.0 | 87.73 | 0.0 | 2.49 | 22.15 | 0.0 | 0.0 | 89.06 | 6.67 | 1.17 | 198.94 | 2.88 | 1.61 | 245.76 | -0.82 | 1.27 | 334.82 | 1.07 | 1.25 | 0.00 | 0 | 0 |
| 21Q4 (9) | 34.71 | 7.06 | 12.59 | 31.67 | -0.88 | -3.03 | 0 | 0 | -100.0 | 0 | 0 | 0 | 84.51 | 11.51 | 18.1 | 3.57 | -46.32 | 16.29 | 38.36 | 8.73 | 15.75 | 11.70 | 4.44 | 1.58 | 79.16 | 3.73 | 15.58 | 101.31 | 1.7 | -1.03 | 97.0 | 5.43 | 8.99 | 0 | 0 | 0 | 168.47 | 0.0 | 0.0 | 87.73 | 0.0 | 2.49 | 22.15 | 0.0 | 0.0 | 83.49 | 2.61 | 1.46 | 193.37 | 1.11 | 1.75 | 247.78 | -7.61 | 1.74 | 331.27 | -5.23 | 1.67 | 0.00 | 0 | 0 |
| 21Q3 (8) | 32.42 | 6.05 | 11.03 | 31.95 | -7.39 | -5.97 | 0 | 0 | -100.0 | 0 | 0 | 0 | 75.79 | -11.96 | 14.92 | 6.65 | 21.57 | 337.5 | 35.28 | -16.12 | 17.52 | 11.20 | -18.74 | -14.35 | 76.31 | 8.73 | 11.91 | 99.62 | -2.31 | 1.37 | 92.0 | 3.37 | 3.04 | 0 | 0 | 0 | 168.47 | 0.0 | 0.0 | 87.73 | 0.0 | 2.49 | 22.15 | 0.0 | 0.0 | 81.37 | 8.9 | 4.19 | 191.24 | 3.6 | 2.9 | 268.19 | -4.8 | 61.3 | 349.56 | -1.92 | 43.05 | 0.00 | 0 | 0 |
| 21Q2 (7) | 30.57 | 21.74 | 19.55 | 34.5 | -4.14 | -7.26 | 0 | 0 | -100.0 | 0 | 0 | 0 | 86.09 | 5.5 | 33.62 | 5.47 | -4.7 | -57.37 | 42.06 | 0.81 | 40.53 | 13.78 | -6.34 | 0 | 70.18 | -1.14 | -5.58 | 101.98 | -1.85 | 1.6 | 89.0 | 0.0 | 38.41 | 0 | 0 | 0 | 168.47 | 0.0 | 0.0 | 87.73 | 2.49 | 2.49 | 22.15 | 0.0 | 0.0 | 74.72 | -15.12 | -3.5 | 184.59 | -5.72 | -0.31 | 281.7 | 16.08 | 41.48 | 356.42 | 7.78 | 28.89 | 0.00 | 0 | 0 |
| 21Q1 (6) | 25.11 | -18.55 | 67.07 | 35.99 | 10.2 | -11.9 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 81.6 | 14.03 | -4.99 | 5.74 | 86.97 | 62.15 | 41.72 | 25.89 | -2.93 | 14.71 | 27.79 | 0 | 70.99 | 3.65 | -5.77 | 103.9 | 1.5 | 5.48 | 89.0 | 0.0 | 37.77 | 0 | 0 | 0 | 168.47 | 0.0 | 0.0 | 85.6 | 0.0 | 6.45 | 22.15 | 0.0 | 0.0 | 88.03 | 6.98 | -21.33 | 195.78 | 3.02 | -8.71 | 242.67 | -0.36 | 37.24 | 330.7 | 1.49 | 14.54 | 0.00 | 0 | 0 |
| 20Q4 (5) | 30.83 | 5.58 | -4.76 | 32.66 | -3.88 | -12.98 | 0.57 | -1.72 | -5.0 | 0 | 0 | 0 | 71.56 | 8.51 | 437.24 | 3.07 | 101.97 | -84.12 | 33.14 | 10.39 | -1.72 | 11.51 | -11.94 | 0 | 68.49 | 0.44 | -15.28 | 102.36 | 4.16 | 17.63 | 89.0 | -0.32 | 37.77 | 0 | 0 | 0 | 168.47 | 0.0 | 0.0 | 85.6 | 0.0 | 6.45 | 22.15 | 0.0 | 0.0 | 82.29 | 5.36 | -24.06 | 190.04 | 2.25 | -9.9 | 243.55 | 46.48 | -2.62 | 325.84 | 33.34 | -9.1 | 0.00 | 0 | -100.0 |
| 20Q3 (4) | 29.2 | 14.2 | 0.0 | 33.98 | -8.66 | 0.0 | 0.58 | -1.69 | 0.0 | 0 | 0 | 0.0 | 65.95 | 2.36 | 0.0 | 1.52 | -88.15 | 0.0 | 30.02 | 0.3 | 0.0 | 13.08 | 0 | 0.0 | 68.19 | -8.26 | 0.0 | 98.27 | -2.09 | 0.0 | 89.29 | 38.86 | 0.0 | 0 | 0 | 0.0 | 168.47 | 0.0 | 0.0 | 85.6 | 0.0 | 0.0 | 22.15 | 0.0 | 0.0 | 78.1 | 0.87 | 0.0 | 185.85 | 0.37 | 0.0 | 166.27 | -16.49 | 0.0 | 244.37 | -11.63 | 0.0 | 0.00 | 0 | 0.0 |
