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) | 33.73 | 4.91 | 14.41 | -55.3 | 0 | 0 | 0 | 0 | 318.07 | 3.41 | 23.48 | 16.82 | 76.18 | -0.57 | 23.95 | -3.85 | 92.45 | 5.03 | 190.19 | 17.21 | 0 | 0 | 0 | 0 | 52.1 | 0.0 | 32.98 | 7.71 | 51.37 | 0.0 | 120.03 | 11.0 | 204.38 | 7.5 | 41.18 | 250.77 | 161.21 | 34.48 | 0.02 | -3.66 |
| 2022 (9) | 32.15 | -8.79 | 32.24 | 68.71 | 0 | 0 | 0 | 0 | 307.58 | 11.08 | 20.1 | 11.36 | 76.62 | 11.24 | 24.91 | 0.14 | 88.02 | 37.64 | 162.27 | 3.02 | 0 | 0 | 0 | 0 | 52.1 | 0.0 | 30.62 | 6.25 | 51.37 | 0.0 | 108.14 | 13.08 | 190.12 | 8.13 | 11.74 | 15.1 | 119.88 | 13.28 | 0.02 | 3.54 |
| 2021 (8) | 35.25 | 16.38 | 19.11 | -10.95 | 0 | 0 | 0 | 0 | 276.9 | 7.81 | 18.05 | 18.28 | 68.88 | 6.3 | 24.88 | -1.4 | 63.95 | 47.55 | 157.51 | 2.15 | 6.55 | -22.94 | 0 | 0 | 52.1 | 0.0 | 28.82 | 5.53 | 51.37 | 0.0 | 95.63 | 9.28 | 175.82 | 5.79 | 10.2 | 42.06 | 105.83 | 11.76 | 0.02 | 5.85 |
| 2020 (7) | 30.29 | 22.53 | 21.46 | -4.45 | 0 | 0 | 0 | 0 | 256.84 | -1.36 | 15.26 | -8.84 | 64.8 | 7.95 | 25.23 | 9.44 | 43.34 | -6.37 | 154.19 | 2.13 | 8.5 | 0.0 | 0 | 0 | 52.1 | 0.0 | 27.31 | 6.51 | 51.37 | 0.0 | 87.51 | 6.18 | 166.19 | 4.24 | 7.18 | 82.23 | 94.69 | 9.65 | 0.02 | 0.18 |
| 2019 (6) | 24.72 | -16.77 | 22.46 | -9.29 | 0 | 0 | 0 | 0 | 260.39 | 4.22 | 16.74 | 18.3 | 60.03 | -2.26 | 23.05 | -6.22 | 46.29 | -0.47 | 150.97 | 2.98 | 8.5 | 0.0 | 0 | 0 | 52.1 | 0.0 | 25.64 | 5.86 | 51.37 | 0.0 | 82.42 | 8.35 | 159.43 | 5.12 | 3.94 | 177.46 | 86.36 | 11.45 | 0.02 | 8.43 |
| 2018 (5) | 29.7 | 80.44 | 24.76 | -22.14 | 0 | 0 | 0 | 0 | 249.84 | 12.47 | 14.15 | 6.47 | 61.42 | -4.11 | 24.58 | -14.74 | 46.51 | 0.63 | 146.6 | 0.91 | 8.5 | 0.0 | 0 | 0 | 52.1 | 0.0 | 24.22 | 5.81 | 51.37 | 0.0 | 76.07 | 10.82 | 151.66 | 6.13 | 1.42 | 0 | 77.49 | 15.93 | 0.02 | -10.27 |
| 2017 (4) | 16.46 | -19.08 | 31.8 | -11.81 | 0 | 0 | 0 | 0 | 222.14 | 3.75 | 13.29 | 6.58 | 64.05 | -4.03 | 28.83 | -7.5 | 46.22 | 8.27 | 145.28 | 1.55 | 8.5 | 0.0 | 0 | 0 | 52.1 | 0.0 | 22.89 | 5.78 | 51.37 | 0.0 | 68.64 | 8.16 | 142.9 | 4.7 | -1.8 | 0 | 66.84 | 6.57 | 0.02 | -3.45 |
| 2016 (3) | 20.34 | 38.56 | 36.06 | 56.78 | 0 | 0 | 0 | 0 | 214.11 | 7.19 | 12.47 | 0.16 | 66.74 | 14.14 | 31.17 | 6.49 | 42.69 | 2.47 | 143.06 | -0.45 | 8.5 | 0.0 | 0 | 0 | 52.1 | 0.0 | 21.64 | 6.08 | 51.37 | 0.0 | 63.46 | 4.03 | 136.48 | 2.8 | -0.74 | 0 | 62.72 | -2.94 | 0.02 | 0.06 |
| 2015 (2) | 14.68 | 3.09 | 23.0 | -2.87 | 0 | 0 | 0 | 0 | 199.75 | 0.87 | 12.45 | -1.81 | 58.47 | 1.81 | 29.27 | 0.93 | 41.66 | -2.62 | 143.71 | 1.01 | 8.5 | 0.0 | 0 | 0 | 52.1 | 0.0 | 20.4 | 6.64 | 51.37 | 0.0 | 61.0 | 4.1 | 132.76 | 2.84 | 3.62 | -9.5 | 64.62 | 3.23 | 0.02 | 3.58 |
| 2014 (1) | 14.24 | -23.23 | 23.68 | 3.36 | 0 | 0 | 0 | 0 | 198.03 | 0.82 | 12.68 | 8.1 | 57.43 | 3.48 | 29.00 | 2.64 | 42.78 | 7.65 | 142.27 | 1.35 | 8.5 | 0.0 | 0 | 0 | 52.1 | 0.0 | 19.13 | 6.51 | 51.37 | 0.0 | 58.6 | 6.8 | 129.1 | 3.95 | 4.0 | 80.18 | 62.6 | 9.65 | 0.02 | 5.95 |
| 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) | 30.74 | -8.46 | -14.94 | 9.27 | 68.85 | -50.67 | 0 | 0 | 0 | 0 | 0 | 0 | 80.62 | -1.33 | 4.7 | 7.02 | -0.71 | 4.93 | 71.82 | -18.66 | -8.71 | 21.37 | -19.54 | -12.2 | 91.68 | 10.48 | -2.5 | 226.27 | -10.5 | 20.32 | 0 | 0 | 0 | 0 | 0 | 0 | 52.1 | 0.0 | 0.0 | 35.45 | 0.0 | 7.49 | 51.37 | 0.0 | 0.0 | 128.76 | 6.15 | 9.85 | 215.58 | 3.58 | 6.96 | 87.6 | -21.39 | 127.0 | 216.36 | -7.03 | 38.87 | 0.02 | 4.79 | -2.72 |
| 24Q2 (19) | 33.58 | 14.37 | 6.94 | 5.49 | -29.53 | -73.14 | 0 | 0 | 0 | 0 | 0 | 0 | 81.71 | -17.61 | 6.43 | 7.07 | -40.08 | 18.82 | 88.3 | -0.1 | 15.33 | 26.56 | -1.59 | 11.2 | 82.98 | 1.75 | -10.92 | 252.81 | 2.53 | 28.57 | 0 | 0 | 0 | 0 | 0 | 0 | 52.1 | 0.0 | 0.0 | 35.45 | 7.49 | 7.49 | 51.37 | 0.0 | 0.0 | 121.3 | -8.19 | 9.84 | 208.12 | -3.86 | 6.85 | 111.43 | 9.85 | 130.37 | 232.73 | -0.36 | 46.56 | 0.02 | 5.41 | -4.51 |
| 24Q1 (18) | 29.36 | -12.96 | -15.8 | 7.79 | -45.94 | -74.8 | 0 | 0 | 0 | 0 | 0 | 0 | 99.18 | 32.98 | 10.54 | 11.8 | 306.9 | 48.8 | 88.39 | 16.03 | 7.33 | 26.99 | 12.68 | 4.83 | 81.55 | -11.79 | -5.21 | 246.57 | 29.64 | 45.14 | 0 | 0 | 0 | 0 | 0 | 0 | 52.1 | 0.0 | 0.0 | 32.98 | 0.0 | 7.71 | 51.37 | 0.0 | 0.0 | 132.12 | 10.07 | 13.71 | 216.47 | 5.92 | 9.23 | 101.44 | 146.33 | 363.62 | 233.56 | 44.88 | 69.16 | 0.02 | -9.74 | -12.94 |
| 23Q4 (17) | 33.73 | -6.67 | 4.91 | 14.41 | -23.31 | -55.3 | 0 | 0 | 0 | 0 | 0 | 0 | 74.58 | -3.14 | -6.49 | 2.9 | -56.65 | 8.61 | 76.18 | -3.17 | -0.57 | 23.95 | -1.59 | -3.85 | 92.45 | -1.68 | 5.03 | 190.19 | 1.13 | 17.21 | 0 | 0 | 0 | 0 | 0 | 0 | 52.1 | 0.0 | 0.0 | 32.98 | 0.0 | 7.71 | 51.37 | 0.0 | 0.0 | 120.03 | 2.41 | 11.0 | 204.38 | 1.4 | 7.5 | 41.18 | 6.71 | 250.77 | 161.21 | 3.47 | 34.48 | 0.02 | -2.43 | -3.66 |
| 23Q3 (16) | 36.14 | 15.1 | 3.46 | 18.79 | -8.07 | -40.16 | 0 | 0 | 0 | 0 | 0 | 0 | 77.0 | 0.3 | 3.62 | 6.69 | 12.44 | 18.41 | 78.67 | 2.76 | 9.64 | 24.34 | 1.9 | 0.56 | 94.03 | 0.94 | 19.43 | 188.06 | -4.36 | 18.22 | 0 | 0 | 0 | 0 | 0 | 0 | 52.1 | 0.0 | 0.0 | 32.98 | 0.0 | 7.71 | 51.37 | 0.0 | 0.0 | 117.21 | 6.14 | 13.55 | 201.56 | 3.48 | 8.83 | 38.59 | -20.22 | 296.61 | 155.8 | -1.89 | 37.94 | 0.02 | 2.86 | -4.06 |
| 23Q2 (15) | 31.4 | -9.95 | 2.51 | 20.44 | -33.87 | -4.66 | 0 | 0 | 0 | 0 | 0 | 0 | 76.77 | -14.43 | 0.87 | 5.95 | -24.97 | 29.91 | 76.56 | -7.03 | 3.47 | 23.88 | -7.22 | -6.69 | 93.15 | 8.28 | 35.02 | 196.63 | 15.75 | 21.67 | 0 | 0 | -100.0 | 0 | 0 | 0 | 52.1 | 0.0 | 0.0 | 32.98 | 7.71 | 7.71 | 51.37 | 0.0 | 0.0 | 110.43 | -4.96 | 13.19 | 194.78 | -1.71 | 8.48 | 48.37 | 121.07 | 292.3 | 158.8 | 15.01 | 44.51 | 0.02 | -3.89 | -4.44 |
| 23Q1 (14) | 34.87 | 8.46 | 11.51 | 30.91 | -4.13 | 143.77 | 0 | 0 | 0 | 0 | 0 | 0 | 89.72 | 12.49 | 15.92 | 7.93 | 197.0 | 10.14 | 82.35 | 7.48 | 21.39 | 25.74 | 3.34 | 7.44 | 86.03 | -2.26 | 32.48 | 169.88 | 4.69 | 6.08 | 0 | 0 | -100.0 | 0 | 0 | 0 | 52.1 | 0.0 | 0.0 | 30.62 | 0.0 | 6.25 | 51.37 | 0.0 | 0.0 | 116.19 | 7.44 | 12.06 | 198.17 | 4.23 | 7.77 | 21.88 | 86.37 | 73.93 | 138.07 | 15.17 | 18.75 | 0.02 | -0.13 | 0.39 |
| 22Q4 (13) | 32.15 | -7.96 | -8.79 | 32.24 | 2.68 | 68.71 | 0 | 0 | 0 | 0 | 0 | 0 | 79.76 | 7.33 | 16.2 | 2.67 | -52.74 | -15.77 | 76.62 | 6.79 | 11.24 | 24.91 | 2.93 | 0.14 | 88.02 | 11.8 | 37.64 | 162.27 | 2.01 | 3.02 | 0 | 0 | -100.0 | 0 | 0 | 0 | 52.1 | 0.0 | 0.0 | 30.62 | 0.0 | 6.25 | 51.37 | 0.0 | 0.0 | 108.14 | 4.77 | 13.08 | 190.12 | 2.66 | 8.13 | 11.74 | 20.66 | 15.1 | 119.88 | 6.14 | 13.28 | 0.02 | -2.84 | 3.54 |
| 22Q3 (12) | 34.93 | 14.04 | 7.02 | 31.4 | 46.46 | 105.5 | 0 | 0 | 0 | 0 | 0 | 0 | 74.31 | -2.36 | 11.06 | 5.65 | 23.36 | 55.22 | 71.75 | -3.03 | 8.35 | 24.20 | -5.45 | 2.66 | 78.73 | 14.12 | 38.32 | 159.08 | -1.57 | 2.81 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 52.1 | 0.0 | 0.0 | 30.62 | 0.0 | 6.25 | 51.37 | 0.0 | 0.0 | 103.22 | 5.8 | 11.42 | 185.2 | 3.15 | 7.16 | 9.73 | -21.09 | 40.4 | 112.95 | 2.78 | 13.44 | 0.02 | 2.46 | 6.76 |
| 22Q2 (11) | 30.63 | -2.05 | -16.47 | 21.44 | 69.09 | 3.93 | 0 | 0 | 0 | 0 | 0 | 0 | 76.11 | -1.67 | 8.42 | 4.58 | -36.39 | -2.14 | 73.99 | 9.07 | 10.91 | 25.60 | 6.84 | 5.16 | 68.99 | 6.24 | 43.31 | 161.61 | 0.91 | 4.39 | 4.52 | -30.78 | -46.82 | 0 | 0 | 0 | 52.1 | 0.0 | 0.0 | 30.62 | 6.25 | 12.12 | 51.37 | 0.0 | 0.0 | 97.56 | -5.91 | -1.07 | 179.55 | -2.35 | 1.27 | 12.33 | -1.99 | 37.0 | 109.89 | -5.49 | 2.11 | 0.02 | 0.97 | 10.55 |
| 22Q1 (10) | 31.27 | -11.29 | -1.42 | 12.68 | -33.65 | -51.93 | 0 | 0 | 0 | 0 | 0 | 0 | 77.4 | 12.76 | 8.78 | 7.2 | 127.13 | 9.76 | 67.84 | -1.51 | -5.92 | 23.96 | -3.68 | -12.43 | 64.94 | 1.55 | 41.7 | 160.15 | 1.68 | 4.01 | 6.53 | -0.31 | -23.18 | 0 | 0 | 0 | 52.1 | 0.0 | 0.0 | 28.82 | 0.0 | 5.53 | 51.37 | 0.0 | 0.0 | 103.69 | 8.43 | 10.23 | 183.88 | 4.58 | 6.44 | 12.58 | 23.33 | 91.19 | 116.27 | 9.86 | 15.52 | 0.02 | 3.0 | 7.77 |
| 21Q4 (9) | 35.25 | 8.0 | 16.38 | 19.11 | 25.07 | -10.95 | 0 | 0 | 0 | 0 | 0 | 0 | 68.64 | 2.59 | -5.49 | 3.17 | -12.91 | 48.83 | 68.88 | 4.02 | 6.3 | 24.88 | 5.52 | -1.4 | 63.95 | 12.35 | 47.55 | 157.51 | 1.8 | 2.15 | 6.55 | -22.94 | -22.94 | 0 | 0 | 0 | 52.1 | 0.0 | 0.0 | 28.82 | 0.0 | 5.53 | 51.37 | 0.0 | 0.0 | 95.63 | 3.23 | 9.28 | 175.82 | 1.74 | 5.79 | 10.2 | 47.19 | 42.06 | 105.83 | 6.29 | 11.76 | 0.02 | 0.18 | 5.85 |
| 21Q3 (8) | 32.64 | -10.99 | 8.98 | 15.28 | -25.93 | -43.7 | 0 | 0 | 0 | 0 | 0 | 0 | 66.91 | -4.69 | 11.37 | 3.64 | -22.22 | -11.86 | 66.22 | -0.73 | 26.57 | 23.58 | -3.15 | 12.56 | 56.92 | 18.24 | 21.81 | 154.73 | -0.05 | 1.79 | 8.5 | 0.0 | 0.0 | 0 | 0 | 0 | 52.1 | 0.0 | 0.0 | 28.82 | 5.53 | 5.53 | 51.37 | 0.0 | 0.0 | 92.64 | -6.06 | 8.31 | 172.82 | -2.53 | 5.24 | 6.93 | -23.0 | 57.86 | 99.57 | -7.48 | 10.73 | 0.02 | 6.11 | 3.13 |
| 21Q2 (7) | 36.67 | 15.61 | 37.39 | 20.63 | -21.8 | -3.28 | 0 | 0 | 0 | 0 | 0 | 0 | 70.2 | -1.34 | 17.57 | 4.68 | -28.66 | 17.29 | 66.71 | -7.49 | 15.92 | 24.34 | -11.03 | 0 | 48.14 | 5.04 | 7.55 | 154.81 | 0.54 | 2.77 | 8.5 | 0.0 | 0.0 | 0 | 0 | 0 | 52.1 | 0.0 | 0.0 | 27.31 | 0.0 | 0.0 | 51.37 | 0.0 | 0.0 | 98.62 | 4.84 | 21.13 | 177.3 | 2.63 | 10.74 | 9.0 | 36.78 | 204.05 | 107.62 | 6.92 | 27.54 | 0.02 | -1.57 | -1.87 |
| 21Q1 (6) | 31.72 | 4.72 | 15.47 | 26.38 | 22.93 | 25.14 | 0 | 0 | 0 | 0 | 0 | 0 | 71.15 | -2.04 | 10.45 | 6.56 | 207.98 | 30.94 | 72.11 | 11.28 | 23.92 | 27.36 | 8.44 | 0 | 45.83 | 5.75 | 4.83 | 153.98 | -0.14 | 4.48 | 8.5 | 0.0 | 0.0 | 0 | 0 | 0 | 52.1 | 0.0 | 0.0 | 27.31 | 0.0 | 6.51 | 51.37 | 0.0 | 0.0 | 94.07 | 7.5 | 7.58 | 172.75 | 3.95 | 5.05 | 6.58 | -8.36 | 1365.38 | 100.65 | 6.29 | 15.8 | 0.02 | 1.17 | 0.04 |
| 20Q4 (5) | 30.29 | 1.14 | 22.53 | 21.46 | -20.93 | -4.45 | 0 | 0 | 0 | 0 | 0 | 0 | 72.63 | 20.89 | 10.72 | 2.13 | -48.43 | -41.8 | 64.8 | 23.85 | 7.95 | 25.23 | 20.46 | 0 | 43.34 | -7.25 | -6.37 | 154.19 | 1.43 | 2.13 | 8.5 | 0.0 | 0.0 | 0 | 0 | 0 | 52.1 | 0.0 | 0.0 | 27.31 | 0.0 | 6.51 | 51.37 | 0.0 | 0.0 | 87.51 | 2.31 | 6.18 | 166.19 | 1.21 | 4.24 | 7.18 | 63.55 | 82.23 | 94.69 | 5.3 | 9.65 | 0.02 | -2.4 | 0.18 |
| 20Q3 (4) | 29.95 | 12.21 | 0.0 | 27.14 | 27.24 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 60.08 | 0.62 | 0.0 | 4.13 | 3.51 | 0.0 | 52.32 | -9.09 | 0.0 | 20.94 | 0 | 0.0 | 46.73 | 4.4 | 0.0 | 152.01 | 0.91 | 0.0 | 8.5 | 0.0 | 0.0 | 0 | 0 | 0.0 | 52.1 | 0.0 | 0.0 | 27.31 | 0.0 | 0.0 | 51.37 | 0.0 | 0.0 | 85.53 | 5.05 | 0.0 | 164.21 | 2.57 | 0.0 | 4.39 | 48.31 | 0.0 | 89.92 | 6.57 | 0.0 | 0.02 | 0.96 | 0.0 |
