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) | 28.14 | -53.27 | 6.24 | -64.9 | 5.63 | 174.63 | 0 | 0 | 307.9 | -22.51 | 51.76 | -23.77 | 47.11 | 23.97 | 15.30 | 59.99 | 44.02 | -4.82 | 7.38 | 0 | 0 | 0 | 0.25 | 31.58 | 27.44 | 0.0 | 48.09 | 16.55 | 0 | 0 | 143.09 | 1.85 | 191.18 | 2.76 | 0.4 | 66.67 | 143.49 | 1.96 | 0.00 | 0 |
| 2022 (9) | 60.22 | 242.16 | 17.78 | 32.0 | 2.05 | 111.34 | 0 | 0 | 397.36 | 10.63 | 67.9 | 31.87 | 38.0 | -22.08 | 9.56 | -29.57 | 46.25 | -44.12 | 0 | 0 | 5.63 | -45.71 | 0.19 | 0.0 | 27.44 | 0.0 | 41.26 | 14.23 | 4.29 | 46.92 | 140.49 | 25.86 | 186.05 | 23.49 | 0.24 | 0 | 140.73 | 31.12 | 0.00 | 0 |
| 2021 (8) | 17.6 | -56.26 | 13.47 | 0.3 | 0.97 | 0 | 0 | 0 | 359.17 | 27.48 | 51.49 | 21.01 | 48.77 | -4.71 | 13.58 | -25.25 | 82.76 | 59.09 | 0 | 0 | 10.37 | 78.79 | 0.19 | -17.39 | 27.44 | 0.0 | 36.12 | 13.37 | 2.92 | 228.09 | 111.62 | 15.41 | 150.66 | 16.38 | -4.29 | 0 | 107.33 | 14.42 | 0.00 | 0 |
| 2020 (7) | 40.24 | -9.45 | 13.43 | -14.57 | 0 | 0 | 0 | 0 | 281.75 | 0.18 | 42.55 | -1.02 | 51.18 | 68.97 | 18.17 | 68.67 | 52.02 | 23.27 | 0.02 | -77.78 | 5.8 | 0 | 0.23 | 21.05 | 27.44 | 0.0 | 31.86 | 15.56 | 0.89 | 1171.43 | 96.72 | 8.24 | 129.46 | 10.65 | -2.92 | 0 | 93.8 | 6.02 | 0.00 | 0 |
| 2019 (6) | 44.44 | 52.98 | 15.72 | -3.56 | 0 | 0 | 0 | 0 | 281.25 | 1.98 | 42.99 | -1.85 | 30.29 | -20.5 | 10.77 | -22.04 | 42.2 | -1.06 | 0.09 | -65.38 | 0 | 0 | 0.19 | -9.52 | 27.44 | 0.0 | 27.57 | 18.89 | 0.07 | -93.27 | 89.36 | 11.67 | 117.0 | 12.23 | -0.89 | 0 | 88.47 | 10.66 | 0.00 | 0 |
| 2018 (5) | 29.05 | 101.74 | 16.3 | 10.06 | 0 | 0 | 0 | 0 | 275.78 | 13.81 | 43.8 | 43.51 | 38.1 | 11.7 | 13.82 | -1.85 | 42.65 | -0.72 | 0.26 | -21.21 | 0 | 0 | 0.21 | -16.0 | 27.44 | 0.0 | 23.19 | 15.2 | 1.04 | 0 | 80.02 | 20.33 | 104.25 | 20.34 | -0.07 | 0 | 79.95 | 22.14 | 0.00 | 0 |
| 2017 (4) | 14.4 | -76.73 | 14.81 | -1.92 | 0 | 0 | 0 | 0 | 242.32 | -1.2 | 30.52 | -16.61 | 34.11 | 10.14 | 14.08 | 11.48 | 42.96 | 28.58 | 0.33 | 6.45 | 0 | 0 | 0.25 | -34.21 | 27.44 | 2.01 | 20.13 | 22.22 | 0 | 0 | 66.5 | -2.71 | 86.63 | 2.13 | -1.04 | 0 | 65.46 | -6.34 | 0.00 | 0 |
| 2016 (3) | 61.89 | 69.05 | 15.1 | -32.2 | 0.67 | 42.55 | 0 | 0 | 245.26 | -3.9 | 36.6 | -12.31 | 30.97 | 1.28 | 12.63 | 5.38 | 33.41 | -6.23 | 0.31 | 121.43 | 0.31 | -65.17 | 0.38 | 72.73 | 26.9 | 3.07 | 16.47 | 33.9 | 0 | 0 | 68.35 | 6.27 | 84.82 | 10.69 | 1.54 | -27.36 | 69.89 | 5.19 | 0.00 | 0 |
| 2015 (2) | 36.61 | 97.89 | 22.27 | -0.09 | 0.47 | 135.0 | 0 | 0 | 255.21 | 22.44 | 41.74 | 38.95 | 30.58 | 10.2 | 11.98 | -10.0 | 35.63 | 14.97 | 0.14 | 7.69 | 0.89 | 20.27 | 0.22 | -4.35 | 26.1 | 0.0 | 12.3 | 32.26 | 0 | 0 | 64.32 | 38.2 | 76.63 | 37.26 | 2.12 | 60.61 | 66.44 | 38.82 | 0.00 | 0 |
| 2014 (1) | 18.5 | 52.89 | 22.29 | 67.59 | 0.2 | -16.67 | 0 | 0 | 208.43 | 14.89 | 30.04 | 9.72 | 27.75 | 24.22 | 13.31 | 8.12 | 30.99 | -4.14 | 0.13 | 0 | 0.74 | 0 | 0.23 | -4.17 | 26.1 | 4.03 | 9.3 | 41.77 | 0 | 0 | 46.54 | 25.01 | 55.83 | 25.74 | 1.32 | 2540.0 | 47.86 | 28.38 | 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) | 35.78 | 51.35 | -8.86 | 11.49 | 32.07 | 82.38 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 100.32 | 4.58 | 25.82 | 17.75 | 2.36 | 13.93 | 58.22 | -0.63 | 32.65 | 16.28 | -6.35 | 11.0 | 54.15 | 5.31 | 15.46 | 7.55 | -0.26 | 2.03 | 0 | 0 | 0 | 0.27 | -3.57 | 35.0 | 27.44 | 0.0 | 0.0 | 53.27 | 0.0 | 10.77 | 0 | 0 | 0 | 150.21 | 13.4 | 16.37 | 203.48 | 9.56 | 14.85 | 1.97 | -41.72 | -35.62 | 152.18 | 12.03 | 15.17 | 0.00 | 0 | 0 |
| 24Q2 (19) | 23.64 | -45.4 | -71.4 | 8.7 | 12.69 | -18.08 | 3.25 | -23.89 | -30.41 | 0 | 0 | 0 | 95.93 | 25.68 | 22.66 | 17.34 | 21.68 | 24.57 | 58.59 | 22.29 | 19.28 | 17.39 | 15.86 | 15.61 | 51.42 | 1.9 | 17.94 | 7.57 | 2.85 | 0 | 0 | 0 | -100.0 | 0.28 | -3.45 | 33.33 | 27.44 | 0.0 | 0.0 | 53.27 | 10.77 | 10.77 | 0 | 0 | 0 | 132.46 | 10.11 | 16.7 | 185.73 | 10.3 | 14.94 | 3.38 | 30.0 | 231.37 | 135.84 | 10.53 | 18.62 | 0.00 | 0 | 0 |
| 24Q1 (18) | 43.3 | 53.87 | -42.74 | 7.72 | 23.72 | -56.06 | 4.27 | -24.16 | 20.28 | 0 | 0 | 0 | 76.33 | -10.19 | 17.47 | 14.25 | 1.79 | 72.31 | 47.91 | 1.7 | 27.69 | 15.01 | -1.92 | 44.21 | 50.46 | 14.63 | 7.73 | 7.36 | -0.27 | 0 | 0 | 0 | -100.0 | 0.29 | 16.0 | 38.1 | 27.44 | 0.0 | 0.0 | 48.09 | 0.0 | 16.55 | 0 | 0 | -100.0 | 120.3 | -15.93 | 17.8 | 168.39 | -11.92 | 14.03 | 2.6 | 550.0 | 1140.0 | 122.9 | -14.35 | 20.64 | 0.00 | 0 | 0 |
| 23Q4 (17) | 28.14 | -28.32 | -53.27 | 6.24 | -0.95 | -64.9 | 5.63 | -19.46 | 174.63 | 0 | 0 | 0 | 84.99 | 6.6 | 11.39 | 14.0 | -10.14 | 76.77 | 47.11 | 7.34 | 23.97 | 15.30 | 4.31 | 59.99 | 44.02 | -6.14 | -4.82 | 7.38 | -0.27 | 0 | 0 | 0 | -100.0 | 0.25 | 25.0 | 31.58 | 27.44 | 0.0 | 0.0 | 48.09 | 0.0 | 16.55 | 0 | 0 | -100.0 | 143.09 | 10.85 | 1.85 | 191.18 | 7.91 | 2.76 | 0.4 | -86.93 | 66.67 | 143.49 | 8.59 | 1.96 | 0.00 | 0 | 0 |
| 23Q3 (16) | 39.26 | -52.5 | -36.89 | 6.3 | -40.68 | -66.54 | 6.99 | 49.68 | 244.33 | 0 | 0 | 0 | 79.73 | 1.94 | -25.58 | 15.58 | 11.93 | -28.2 | 43.89 | -10.65 | -12.66 | 14.67 | -2.47 | 22.48 | 46.9 | 7.57 | -5.86 | 7.4 | 0 | 0 | 0 | -100.0 | -100.0 | 0.2 | -4.76 | 25.0 | 27.44 | 0.0 | 0.0 | 48.09 | 0.0 | 16.55 | 0 | 0 | -100.0 | 129.08 | 13.73 | -2.33 | 177.17 | 9.64 | -0.3 | 3.06 | 200.0 | -10.53 | 132.14 | 15.39 | -2.54 | 0.00 | 0 | 0 |
| 23Q2 (15) | 82.66 | 9.31 | 65.78 | 10.62 | -39.56 | -29.67 | 4.67 | 31.55 | 381.44 | 0 | 0 | 0 | 78.21 | 20.36 | -30.26 | 13.92 | 68.32 | -31.7 | 49.12 | 30.92 | -18.76 | 15.04 | 44.52 | -2.23 | 43.6 | -6.92 | -32.98 | 0 | 0 | 0 | 3.11 | -23.4 | -73.6 | 0.21 | 0.0 | 31.25 | 27.44 | 0.0 | 0.0 | 48.09 | 16.55 | 16.55 | 0 | -100.0 | -100.0 | 113.5 | 11.14 | 2.75 | 161.59 | 9.43 | 3.57 | 1.02 | 508.0 | 331.82 | 114.52 | 12.42 | 4.09 | 0.00 | 0 | 0 |
| 23Q1 (14) | 75.62 | 25.57 | 125.87 | 17.57 | -1.18 | 20.01 | 3.55 | 73.17 | 265.98 | 0 | 0 | 0 | 64.98 | -14.84 | -36.16 | 8.27 | 4.42 | -53.82 | 37.52 | -1.26 | -31.05 | 10.41 | 8.81 | -27.57 | 46.84 | 1.28 | -39.4 | 0 | 0 | 0 | 4.06 | -27.89 | -64.73 | 0.21 | 10.53 | 23.53 | 27.44 | 0.0 | 0.0 | 41.26 | 0.0 | 14.23 | 4.29 | 0.0 | 46.92 | 102.12 | -27.31 | -21.16 | 147.67 | -20.63 | -12.39 | -0.25 | -204.17 | 90.08 | 101.87 | -27.61 | -19.79 | 0.00 | 0 | 0 |
| 22Q4 (13) | 60.22 | -3.2 | 242.16 | 17.78 | -5.58 | 32.0 | 2.05 | 0.99 | 111.34 | 0 | 0 | 0 | 76.3 | -28.78 | -22.55 | 7.92 | -63.5 | -39.22 | 38.0 | -24.38 | -22.08 | 9.56 | -20.15 | -29.57 | 46.25 | -7.17 | -44.12 | 0 | 0 | 0 | 5.63 | -47.63 | -45.71 | 0.19 | 18.75 | 0.0 | 27.44 | 0.0 | 0.0 | 41.26 | 0.0 | 14.23 | 4.29 | 0.0 | 46.92 | 140.49 | 6.3 | 25.86 | 186.05 | 4.69 | 23.49 | 0.24 | -92.98 | 105.59 | 140.73 | 3.8 | 31.12 | 0.00 | 0 | 0 |
| 22Q3 (12) | 62.21 | 24.77 | 165.4 | 18.83 | 24.7 | 29.15 | 2.03 | 109.28 | 109.28 | 0 | 0 | 0 | 107.13 | -4.48 | 32.93 | 21.7 | 6.48 | 125.34 | 50.25 | -16.89 | 60.9 | 11.98 | -22.14 | 35.72 | 49.82 | -23.42 | -39.82 | 0 | 0 | 0 | 10.75 | -8.74 | 41.08 | 0.16 | 0.0 | -5.88 | 27.44 | 0.0 | 0.0 | 41.26 | 0.0 | 14.23 | 4.29 | 0.0 | 46.92 | 132.16 | 19.65 | 33.9 | 177.71 | 13.9 | 29.02 | 3.42 | 877.27 | 179.17 | 135.58 | 23.23 | 43.65 | 0.00 | 0 | 0 |
| 22Q2 (11) | 49.86 | 48.92 | 28.94 | 15.1 | 3.14 | 11.19 | 0.97 | 0.0 | 102.08 | 0 | 0 | 0 | 112.15 | 10.19 | 14.59 | 20.38 | 13.79 | 33.64 | 60.46 | 11.1 | 23.51 | 15.38 | 7.06 | 9.07 | 65.06 | -15.82 | -7.74 | 0 | 0 | -100.0 | 11.78 | 2.35 | 121.43 | 0.16 | -5.88 | -15.79 | 27.44 | 0.0 | 0.0 | 41.26 | 14.23 | 14.23 | 4.29 | 46.92 | 46.92 | 110.46 | -14.72 | 24.01 | 156.02 | -7.44 | 21.79 | -0.44 | 82.54 | 89.81 | 110.02 | -13.37 | 29.82 | 0.00 | 0 | 0 |
| 22Q1 (10) | 33.48 | 90.23 | -10.39 | 14.64 | 8.69 | 7.41 | 0.97 | 0.0 | 102.08 | 0 | 0 | 0 | 101.78 | 3.31 | 23.84 | 17.91 | 37.45 | 31.89 | 54.42 | 11.58 | 9.5 | 14.37 | 5.81 | -12.16 | 77.29 | -6.61 | 21.64 | 0 | 0 | -100.0 | 11.51 | 10.99 | 116.35 | 0.17 | -10.53 | -19.05 | 27.44 | 0.0 | 0.0 | 36.12 | 0.0 | 13.37 | 2.92 | 0.0 | 228.09 | 129.52 | 16.04 | 17.44 | 168.56 | 11.88 | 17.84 | -2.52 | 41.26 | 18.18 | 127.0 | 18.33 | 18.46 | 0.00 | 0 | 0 |
| 21Q4 (9) | 17.6 | -24.91 | -56.26 | 13.47 | -7.61 | 0.3 | 0.97 | 0.0 | 0 | 0 | 0 | 0 | 98.52 | 22.25 | 5.64 | 13.03 | 35.31 | -18.31 | 48.77 | 56.16 | -4.71 | 13.58 | 53.88 | -25.25 | 82.76 | -0.04 | 59.09 | 0 | 0 | -100.0 | 10.37 | 36.09 | 78.79 | 0.19 | 11.76 | -17.39 | 27.44 | 0.0 | 0.0 | 36.12 | 0.0 | 13.37 | 2.92 | 0.0 | 228.09 | 111.62 | 13.09 | 15.41 | 150.66 | 9.38 | 16.38 | -4.29 | 0.69 | -46.92 | 107.33 | 13.72 | 14.42 | 0.00 | 0 | 0 |
| 21Q3 (8) | 23.44 | -39.38 | -41.05 | 14.58 | 7.36 | -21.82 | 0.97 | 102.08 | 0 | 0 | 0 | 0 | 80.59 | -17.66 | 9.27 | 9.63 | -36.85 | -23.14 | 31.23 | -36.2 | -18.88 | 8.82 | -37.43 | -39.06 | 82.79 | 17.4 | 71.12 | 0 | -100.0 | -100.0 | 7.62 | 43.23 | 31.38 | 0.17 | -10.53 | -34.62 | 27.44 | 0.0 | 0.0 | 36.12 | 0.0 | 13.37 | 2.92 | 0.0 | 228.09 | 98.7 | 10.81 | 22.37 | 137.74 | 7.52 | 21.45 | -4.32 | 0.0 | -89.47 | 94.38 | 11.36 | 20.41 | 0.00 | 0 | 0 |
| 21Q2 (7) | 38.67 | 3.51 | -19.02 | 13.58 | -0.37 | -15.28 | 0.48 | 0.0 | 0 | 0 | 0 | 0 | 97.87 | 19.08 | 79.12 | 15.25 | 12.3 | 114.79 | 48.95 | -1.51 | 45.6 | 14.10 | -13.78 | 0 | 70.52 | 10.99 | 67.98 | 0.01 | -50.0 | -83.33 | 5.32 | 0.0 | 0 | 0.19 | -9.52 | -32.14 | 27.44 | 0.0 | 0.0 | 36.12 | 13.37 | 13.37 | 2.92 | 228.09 | 228.09 | 89.07 | -19.24 | 30.72 | 128.11 | -10.44 | 26.98 | -4.32 | -40.26 | -206.38 | 84.75 | -20.95 | 27.0 | 0.00 | 0 | 0 |
| 21Q1 (6) | 37.36 | -7.16 | -23.49 | 13.63 | 1.49 | -12.46 | 0.48 | 0 | 0 | 0 | 0 | 0 | 82.19 | -11.87 | 36.73 | 13.58 | -14.86 | 94.84 | 49.7 | -2.89 | 71.56 | 16.36 | -9.95 | 0 | 63.54 | 22.15 | 45.07 | 0.02 | 0.0 | -75.0 | 5.32 | -8.28 | 0 | 0.21 | -8.7 | -16.0 | 27.44 | 0.0 | 0.0 | 31.86 | 0.0 | 15.56 | 0.89 | 0.0 | 1171.43 | 110.29 | 14.03 | 14.49 | 143.04 | 10.49 | 15.39 | -3.08 | -5.48 | -481.13 | 107.21 | 14.3 | 11.91 | 0.00 | 0 | 0 |
| 20Q4 (5) | 40.24 | 1.21 | -9.45 | 13.43 | -27.99 | -14.57 | 0 | 0 | 0 | 0 | 0 | 0 | 93.26 | 26.45 | 20.51 | 15.95 | 27.29 | 40.4 | 51.18 | 32.94 | 68.97 | 18.16 | 25.45 | 0 | 52.02 | 7.52 | 23.27 | 0.02 | -50.0 | -77.78 | 5.8 | 0.0 | 0 | 0.23 | -11.54 | 21.05 | 27.44 | 0.0 | 0.0 | 31.86 | 0.0 | 15.56 | 0.89 | 0.0 | 1171.43 | 96.72 | 19.91 | 8.24 | 129.46 | 14.15 | 10.65 | -2.92 | -28.07 | -228.09 | 93.8 | 19.67 | 6.02 | 0.00 | 0 | 0 |
| 20Q3 (4) | 39.76 | -16.73 | 0.0 | 18.65 | 16.34 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 73.75 | 34.97 | 0.0 | 12.53 | 76.48 | 0.0 | 38.5 | 14.52 | 0.0 | 14.48 | 0 | 0.0 | 48.38 | 15.25 | 0.0 | 0.04 | -33.33 | 0.0 | 5.8 | 0 | 0.0 | 0.26 | -7.14 | 0.0 | 27.44 | 0.0 | 0.0 | 31.86 | 0.0 | 0.0 | 0.89 | 0.0 | 0.0 | 80.66 | 18.37 | 0.0 | 113.41 | 12.41 | 0.0 | -2.28 | -61.7 | 0.0 | 78.38 | 17.46 | 0.0 | 0.00 | 0 | 0.0 |
