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) | 30.14 | 9.2 | 15.53 | -11.41 | 0 | 0 | 0 | 0 | 324.59 | 1.17 | 39.91 | 13.54 | 15.27 | 27.36 | 4.70 | 25.88 | 48.43 | -7.59 | 3.64 | 25.95 | 0 | 0 | 0.25 | -13.79 | 24.19 | 0.0 | 28.45 | 14.3 | 0.01 | -99.74 | 43.62 | 13.12 | 72.09 | 7.2 | -0.23 | 0 | 43.39 | 12.56 | 0.01 | 19.01 |
| 2022 (9) | 27.6 | 4.43 | 17.53 | -6.06 | 1.81 | 120.73 | 0 | 0 | 320.83 | 10.89 | 35.15 | 32.39 | 11.99 | 3.36 | 3.74 | -6.79 | 52.41 | -3.55 | 2.89 | 20.92 | 0 | 0 | 0.29 | -14.71 | 24.19 | 0.0 | 24.89 | 12.07 | 3.8 | 36.69 | 38.56 | 30.27 | 67.25 | 23.19 | -0.01 | 0 | 38.55 | 49.42 | 0.01 | -5.3 |
| 2021 (8) | 26.43 | 11.66 | 18.66 | -44.28 | 0.82 | 0 | 0 | 0 | 289.31 | 16.08 | 26.55 | 29.13 | 11.6 | -53.09 | 4.01 | -59.59 | 54.34 | 34.97 | 2.39 | 17.16 | 1.63 | 0 | 0.34 | -5.56 | 24.19 | 10.0 | 22.21 | 10.17 | 2.78 | 139.66 | 29.6 | 14.51 | 54.59 | 15.73 | -3.8 | 0 | 25.8 | 11.83 | 0.01 | -22.59 |
| 2020 (7) | 23.67 | 28.71 | 33.49 | 308.91 | 0 | 0 | 0 | 0 | 249.24 | -7.85 | 20.56 | 7.93 | 24.73 | 314.93 | 9.92 | 350.29 | 40.26 | 18.31 | 2.04 | 17.92 | 0 | 0 | 0.36 | 12.5 | 21.99 | 0.0 | 20.16 | 10.41 | 1.16 | 314.29 | 25.85 | 35.48 | 47.17 | 25.42 | -2.78 | 0 | 23.07 | 28.74 | 0.01 | -29.91 |
| 2019 (6) | 18.39 | -3.92 | 8.19 | 106.82 | 0 | 0 | 0 | 0 | 270.48 | 13.03 | 19.05 | 26.41 | 5.96 | -35.57 | 2.20 | -43.0 | 34.03 | 1.98 | 1.73 | 13.07 | 0 | 0 | 0.32 | 68.42 | 21.99 | 5.01 | 18.26 | 9.01 | 0.28 | -75.65 | 19.08 | 22.62 | 37.61 | 12.4 | -1.16 | 0 | 17.92 | 17.28 | 0.01 | -12.85 |
| 2018 (5) | 19.14 | 22.77 | 3.96 | 42.45 | 0 | 0 | 0 | 0 | 239.3 | 6.95 | 15.07 | 17.19 | 9.25 | 31.95 | 3.87 | 23.38 | 33.37 | 30.45 | 1.53 | -14.04 | 0 | 0 | 0.19 | -9.52 | 20.94 | 0.0 | 16.75 | 8.34 | 1.15 | 0 | 15.56 | 17.17 | 33.46 | 16.42 | -0.28 | 0 | 15.28 | 25.97 | 0.01 | 2.08 |
| 2017 (4) | 15.59 | -10.91 | 2.78 | -28.53 | 0 | 0 | 0 | 0 | 223.75 | 1.12 | 12.86 | -15.56 | 7.01 | 34.03 | 3.13 | 32.55 | 25.58 | -11.03 | 1.78 | -13.17 | 0 | 0 | 0.21 | -44.74 | 20.94 | 1.31 | 15.46 | 10.9 | 0 | 0 | 13.28 | -16.32 | 28.74 | -3.59 | -1.15 | 0 | 12.13 | -29.76 | 0.01 | -20.59 |
| 2016 (3) | 17.5 | -40.15 | 3.89 | 12866.67 | 1.66 | -28.45 | 0 | 0 | 221.28 | -5.27 | 15.23 | -29.46 | 5.23 | 37.99 | 2.36 | 45.67 | 28.75 | -8.99 | 2.05 | 14.53 | 0 | 0 | 0.38 | -24.0 | 20.67 | 4.03 | 13.94 | 18.34 | 0 | 0 | 15.87 | -28.22 | 29.81 | -12.04 | 1.4 | -50.0 | 17.27 | -30.67 | 0.02 | 146.6 |
| 2015 (2) | 29.24 | 77.43 | 0.03 | -97.0 | 2.32 | -23.43 | 0 | 0 | 233.59 | 11.82 | 21.59 | 26.63 | 3.79 | -71.27 | 1.62 | -74.3 | 31.59 | 15.08 | 1.79 | -14.76 | 0 | 0 | 0.5 | 19.05 | 19.87 | 4.03 | 11.78 | 16.87 | 0 | 0 | 22.11 | 30.83 | 33.89 | 25.47 | 2.8 | 85.43 | 24.91 | 35.31 | 0.01 | 246.35 |
| 2014 (1) | 16.48 | 61.89 | 1.0 | 0 | 3.03 | 0 | 0 | 0 | 208.89 | 16.63 | 17.05 | 27.14 | 13.19 | 350.17 | 6.31 | 285.99 | 27.45 | -4.42 | 2.1 | 56.72 | 0 | 0 | 0.42 | 16.67 | 19.1 | 12.95 | 10.08 | 15.46 | 0.03 | -97.09 | 16.9 | 21.58 | 27.01 | 14.11 | 1.51 | 0 | 18.41 | 32.73 | 0.00 | -68.4 |
| 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) | 26.36 | 13.57 | 4.4 | 12.93 | -13.28 | -28.56 | 0 | 0 | 0 | 0 | 0 | 0 | 104.65 | 36.02 | 12.87 | 11.69 | 36.09 | -11.64 | 9.31 | 8.51 | -72.28 | 2.67 | 4.8 | -74.83 | 48.42 | -14.6 | 4.65 | 3.98 | -3.4 | 13.71 | 0 | 0 | 0 | 0.26 | -7.14 | 0.0 | 24.67 | 0.0 | 1.98 | 28.45 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | 18.51 | -21.3 | -46.3 | 46.96 | -10.06 | -25.39 | 1.3 | -45.61 | -40.91 | 19.81 | -23.54 | -45.98 | 0.01 | 20.08 | 31.58 |
| 24Q2 (19) | 23.21 | -40.55 | 8.15 | 14.91 | 6.81 | -2.55 | 0 | 0 | -100.0 | 0 | 0 | 0 | 76.94 | -10.62 | 6.51 | 8.59 | -23.24 | 6.71 | 8.58 | -20.92 | -57.08 | 2.55 | -22.02 | -59.47 | 56.7 | 43.65 | 8.31 | 4.12 | 5.1 | 27.55 | 0 | 0 | 0 | 0.28 | 7.69 | 7.69 | 24.67 | 1.98 | 1.98 | 28.45 | 0.0 | 0.0 | 0.23 | 2200.0 | 2200.0 | 23.52 | 55.25 | 10.73 | 52.21 | 19.69 | 5.03 | 2.39 | 38.15 | 342.59 | 25.91 | 53.5 | 18.96 | 0.01 | -16.37 | 7.51 |
| 24Q1 (18) | 39.04 | 29.53 | 12.67 | 13.96 | -10.11 | -23.13 | 0 | 0 | -100.0 | 0 | 0 | 0 | 86.08 | 5.91 | 9.88 | 11.19 | 22.16 | 18.04 | 10.85 | -28.95 | 10.94 | 3.26 | -30.6 | 6.64 | 39.47 | -18.5 | -14.06 | 3.92 | 7.69 | 31.54 | 0 | 0 | 0 | 0.26 | 4.0 | -3.7 | 24.19 | 0.0 | 0.0 | 28.45 | 0.0 | 14.3 | 0.01 | 0.0 | -99.74 | 15.15 | -65.27 | 16.81 | 43.62 | -39.49 | 4.7 | 1.73 | 852.17 | 640.62 | 16.88 | -61.1 | 33.44 | 0.01 | 25.48 | 56.03 |
| 23Q4 (17) | 30.14 | 19.37 | 9.2 | 15.53 | -14.2 | -11.41 | 0 | 0 | -100.0 | 0 | 0 | 0 | 81.28 | -12.34 | 10.39 | 9.16 | -30.76 | 17.89 | 15.27 | -54.54 | 27.36 | 4.70 | -55.61 | 25.88 | 48.43 | 4.67 | -7.59 | 3.64 | 4.0 | 25.95 | 0 | 0 | 0 | 0.25 | -3.85 | -13.79 | 24.19 | 0.0 | 0.0 | 28.45 | 0.0 | 14.3 | 0.01 | 0.0 | -99.74 | 43.62 | 26.54 | 13.12 | 72.09 | 14.54 | 7.2 | -0.23 | -110.45 | -2200.0 | 43.39 | 18.33 | 12.56 | 0.01 | 4.42 | 19.01 |
| 23Q3 (16) | 25.25 | 17.66 | 2.39 | 18.1 | 18.3 | 11.66 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 92.72 | 28.35 | -1.44 | 13.23 | 64.35 | 19.19 | 33.59 | 68.03 | 112.73 | 10.60 | 68.75 | 117.58 | 46.27 | -11.61 | -5.61 | 3.5 | 8.36 | 21.53 | 0 | 0 | -100.0 | 0.26 | 0.0 | -16.13 | 24.19 | 0.0 | 0.0 | 28.45 | 0.0 | 14.3 | 0.01 | 0.0 | -99.74 | 34.47 | 62.29 | 13.76 | 62.94 | 26.61 | 6.7 | 2.2 | 307.41 | 65.41 | 36.67 | 68.37 | 15.93 | 0.01 | -1.88 | 10.12 |
| 23Q2 (15) | 21.46 | -38.07 | 7.03 | 15.3 | -15.75 | -1.42 | 0.92 | -26.98 | -47.43 | 0 | 0 | 0 | 72.24 | -7.79 | -1.59 | 8.05 | -15.08 | 9.67 | 19.99 | 104.4 | 134.62 | 6.28 | 105.15 | 130.77 | 52.35 | 13.98 | -11.54 | 3.23 | 8.39 | 19.63 | 0 | 0 | -100.0 | 0.26 | -3.7 | -18.75 | 24.19 | 0.0 | 0.0 | 28.45 | 14.3 | 14.3 | 0.01 | -99.74 | -99.74 | 21.24 | 63.76 | 10.62 | 49.71 | 19.32 | 3.8 | 0.54 | 268.75 | 145.76 | 21.78 | 72.17 | 20.87 | 0.01 | 21.38 | 10.74 |
| 23Q1 (14) | 34.65 | 25.54 | 16.43 | 18.16 | 3.59 | 9.73 | 1.26 | -30.39 | -6.67 | 0 | 0 | 0 | 78.34 | 6.4 | -1.73 | 9.48 | 22.01 | 6.16 | 9.78 | -18.43 | -32.22 | 3.06 | -18.08 | -36.17 | 45.93 | -12.36 | -11.57 | 2.98 | 3.11 | 15.95 | 0 | 0 | -100.0 | 0.27 | -6.9 | -18.18 | 24.19 | 0.0 | 0.0 | 24.89 | 0.0 | 12.07 | 3.8 | 0.0 | 36.69 | 12.97 | -66.36 | -16.59 | 41.66 | -38.05 | 2.74 | -0.32 | -3100.0 | 87.15 | 12.65 | -67.19 | -3.14 | 0.01 | -4.29 | 4.9 |
| 22Q4 (13) | 27.6 | 11.92 | 4.43 | 17.53 | 8.14 | -6.06 | 1.81 | -3.21 | 120.73 | 0 | 0 | 0 | 73.63 | -21.73 | -4.33 | 7.77 | -30.0 | 15.97 | 11.99 | -24.07 | 3.36 | 3.74 | -23.28 | -6.8 | 52.41 | 6.92 | -3.55 | 2.89 | 0.35 | 20.92 | 0 | -100.0 | -100.0 | 0.29 | -6.45 | -14.71 | 24.19 | 0.0 | 0.0 | 24.89 | 0.0 | 12.07 | 3.8 | 0.0 | 36.69 | 38.56 | 27.26 | 30.27 | 67.25 | 14.0 | 23.19 | -0.01 | -100.75 | 99.74 | 38.55 | 21.88 | 49.42 | 0.01 | -3.38 | -5.3 |
| 22Q3 (12) | 24.66 | 22.99 | 0.94 | 16.21 | 4.45 | 19.28 | 1.87 | 6.86 | 274.0 | 0 | 0 | 0 | 94.07 | 28.14 | 13.39 | 11.1 | 51.23 | 41.76 | 15.79 | 85.33 | 110.81 | 4.87 | 78.98 | 77.38 | 49.02 | -17.17 | -4.0 | 2.88 | 6.67 | 25.76 | 0.37 | -57.95 | -62.63 | 0.31 | -3.12 | -13.89 | 24.19 | 0.0 | 0.0 | 24.89 | 0.0 | 12.07 | 3.8 | 0.0 | 36.69 | 30.3 | 57.81 | 33.6 | 58.99 | 23.18 | 23.75 | 1.33 | 212.71 | 137.05 | 31.63 | 75.53 | 65.69 | 0.01 | -1.33 | -3.28 |
| 22Q2 (11) | 20.05 | -32.63 | 1.42 | 15.52 | -6.22 | 36.62 | 1.75 | 29.63 | 0 | 0 | 0 | 0 | 73.41 | -7.92 | 19.93 | 7.34 | -17.81 | 33.21 | 8.52 | -40.96 | -42.97 | 2.72 | -43.26 | -50.8 | 59.18 | 13.94 | 5.72 | 2.7 | 5.06 | 28.57 | 0.88 | -25.42 | 0 | 0.32 | -3.03 | -11.11 | 24.19 | 0.0 | 0.0 | 24.89 | 12.07 | 12.07 | 3.8 | 36.69 | 36.69 | 19.2 | 23.47 | 29.29 | 47.89 | 18.1 | 20.21 | -1.18 | 52.61 | 67.4 | 18.02 | 37.98 | 60.46 | 0.01 | 14.98 | 2.33 |
| 22Q1 (10) | 29.76 | 12.6 | 1.85 | 16.55 | -11.31 | 29.1 | 1.35 | 64.63 | 0 | 0 | 0 | 0 | 79.72 | 3.59 | 16.94 | 8.93 | 33.28 | 37.38 | 14.43 | 24.4 | -49.76 | 4.80 | 19.62 | -57.23 | 51.94 | -4.42 | 51.56 | 2.57 | 7.53 | 24.15 | 1.18 | -27.61 | 0 | 0.33 | -2.94 | -10.81 | 24.19 | 0.0 | 0.0 | 22.21 | 0.0 | 10.17 | 2.78 | 0.0 | 139.66 | 15.55 | -47.47 | 19.52 | 40.55 | -25.72 | 18.12 | -2.49 | 34.47 | 10.11 | 13.06 | -49.38 | 27.54 | 0.01 | -13.6 | 2.66 |
| 21Q4 (9) | 26.43 | 8.19 | 11.66 | 18.66 | 37.31 | -44.28 | 0.82 | 64.0 | 0 | 0 | 0 | 0 | 76.96 | -7.23 | 27.4 | 6.7 | -14.43 | 39.87 | 11.6 | 54.87 | -53.09 | 4.01 | 46.01 | -59.59 | 54.34 | 6.42 | 34.97 | 2.39 | 4.37 | 17.16 | 1.63 | 64.65 | 0 | 0.34 | -5.56 | -5.56 | 24.19 | 0.0 | 10.0 | 22.21 | 0.0 | 10.17 | 2.78 | 0.0 | 139.66 | 29.6 | 30.51 | 14.51 | 54.59 | 14.52 | 15.73 | -3.8 | -5.85 | -36.69 | 25.8 | 35.15 | 11.83 | 0.01 | -1.32 | -22.59 |
| 21Q3 (8) | 24.43 | 23.57 | -4.01 | 13.59 | 19.63 | -35.01 | 0.5 | 0 | 0 | 0 | 0 | 0 | 82.96 | 35.53 | 3.35 | 7.83 | 42.11 | -1.76 | 7.49 | -49.87 | -73.43 | 2.75 | -50.36 | -75.32 | 51.06 | -8.79 | 61.07 | 2.29 | 9.05 | 14.5 | 0.99 | 0 | 0 | 0.36 | 0.0 | -7.69 | 24.19 | 0.0 | 10.0 | 22.21 | 0.0 | 10.17 | 2.78 | 0.0 | 139.66 | 22.68 | 52.73 | 7.59 | 47.67 | 19.65 | 12.43 | -3.59 | 0.83 | -66.98 | 19.09 | 69.99 | 0.85 | 0.01 | 4.39 | -19.15 |
| 21Q2 (7) | 19.77 | -32.34 | -14.53 | 11.36 | -11.39 | 1.16 | 0 | 0 | 0 | 0 | 0 | 0 | 61.21 | -10.21 | 29.52 | 5.51 | -15.23 | 55.65 | 14.94 | -47.98 | -5.92 | 5.53 | -50.67 | 0 | 55.98 | 63.35 | 50.08 | 2.1 | 1.45 | 0.0 | 0 | 0 | 0 | 0.36 | -2.7 | -12.2 | 24.19 | 0.0 | 10.0 | 22.21 | 10.17 | 10.17 | 2.78 | 139.66 | 139.66 | 14.85 | 14.14 | 13.27 | 39.84 | 16.05 | 15.71 | -3.62 | -30.69 | -120.73 | 11.23 | 9.67 | -2.09 | 0.01 | 15.35 | -40.13 |
| 21Q1 (6) | 29.22 | 23.45 | 22.31 | 12.82 | -61.72 | 5.51 | 0 | 0 | 0 | 0 | 0 | 0 | 68.17 | 12.85 | 11.19 | 6.5 | 35.7 | 52.22 | 28.72 | 16.13 | 363.97 | 11.21 | 13.02 | 0 | 34.27 | -14.88 | 41.26 | 2.07 | 1.47 | 20.35 | 0 | 0 | 0 | 0.37 | 2.78 | -7.5 | 24.19 | 10.0 | 10.0 | 20.16 | 0.0 | 10.41 | 1.16 | 0.0 | 314.29 | 13.01 | -49.67 | -44.28 | 34.33 | -27.22 | -18.03 | -2.77 | 0.36 | -211.24 | 10.24 | -55.61 | -54.41 | 0.01 | -34.85 | -51.62 |
| 20Q4 (5) | 23.67 | -6.99 | 28.71 | 33.49 | 60.16 | 308.91 | 0 | 0 | 0 | 0 | 0 | 0 | 60.41 | -24.74 | -6.34 | 4.79 | -39.9 | 15.42 | 24.73 | -12.27 | 314.93 | 9.92 | -10.83 | 0 | 40.26 | 27.0 | 18.31 | 2.04 | 2.0 | 17.92 | 0 | 0 | 0 | 0.36 | -7.69 | 12.5 | 21.99 | 0.0 | 0.0 | 20.16 | 0.0 | 10.41 | 1.16 | 0.0 | 314.29 | 25.85 | 22.63 | 35.48 | 47.17 | 11.25 | 25.42 | -2.78 | -29.3 | -139.66 | 23.07 | 21.87 | 28.74 | 0.01 | 3.06 | -29.91 |
| 20Q3 (4) | 25.45 | 10.03 | 0.0 | 20.91 | 86.2 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 80.27 | 69.85 | 0.0 | 7.97 | 125.14 | 0.0 | 28.19 | 77.52 | 0.0 | 11.13 | 0 | 0.0 | 31.7 | -15.01 | 0.0 | 2.0 | -4.76 | 0.0 | 0 | 0 | 0.0 | 0.39 | -4.88 | 0.0 | 21.99 | 0.0 | 0.0 | 20.16 | 0.0 | 0.0 | 1.16 | 0.0 | 0.0 | 21.08 | 60.79 | 0.0 | 42.4 | 23.15 | 0.0 | -2.15 | -31.1 | 0.0 | 18.93 | 65.04 | 0.0 | 0.01 | -22.7 | 0.0 |
