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) | 20.99 | -1.22 | 9.26 | -22.7 | 0 | 0 | 0 | 0 | 191.13 | -17.06 | 10.53 | -36.18 | 25.71 | -23.48 | 13.45 | -7.75 | 29.05 | -14.13 | 0.57 | 9.62 | 0 | 0 | 0 | 0 | 42.05 | 0.0 | 11.5 | 18.31 | 1.8 | -40.2 | 26.86 | -5.39 | 40.16 | -2.33 | -1.82 | 0 | 25.04 | -5.83 | 0.01 | 1.13 |
| 2022 (9) | 21.25 | 27.09 | 11.98 | -33.26 | 3.0 | -3.23 | 0 | 0 | 230.43 | 23.58 | 16.5 | 79.15 | 33.6 | 43.1 | 14.58 | 15.79 | 33.83 | 3.84 | 0.52 | 13.04 | 0 | 0 | 0 | 0 | 42.05 | 0.0 | 9.72 | 10.71 | 3.01 | 3.79 | 28.39 | 47.86 | 41.12 | 33.2 | -1.8 | 0 | 26.59 | 64.24 | 0.01 | -10.0 |
| 2021 (8) | 16.72 | -11.77 | 17.95 | 133.42 | 3.1 | -53.03 | 0 | 0 | 186.46 | 6.65 | 9.21 | 28.63 | 23.48 | 35.33 | 12.59 | 26.9 | 32.58 | 17.11 | 0.46 | 12.2 | 3.75 | -42.75 | 0 | 0 | 42.05 | 0.0 | 8.78 | 6.55 | 2.9 | -13.43 | 19.2 | 25.16 | 30.87 | 14.59 | -3.01 | 0 | 16.19 | 30.14 | 0.01 | 4.55 |
| 2020 (7) | 18.95 | 26.84 | 7.69 | -30.15 | 6.6 | -3.23 | 0 | 0 | 174.84 | 2.36 | 7.16 | 6.07 | 17.35 | -14.41 | 9.92 | -16.38 | 27.82 | 0.76 | 0.41 | 10.81 | 6.55 | -38.5 | 0 | 0 | 42.05 | 0.0 | 8.24 | 7.99 | 3.35 | 14.73 | 15.34 | -7.31 | 26.94 | -0.55 | -2.9 | 0 | 12.44 | -5.76 | 0.01 | 1.7 |
| 2019 (6) | 14.94 | 18.01 | 11.01 | -17.53 | 6.82 | 204.46 | 0 | 0 | 170.81 | -5.81 | 6.75 | -7.15 | 20.27 | -12.55 | 11.87 | -7.16 | 27.61 | -6.97 | 0.37 | 2.78 | 10.65 | -39.04 | 0 | 0 | 42.05 | 0.0 | 7.63 | 10.58 | 2.92 | 17.27 | 16.55 | -2.59 | 27.09 | 2.69 | -3.35 | 0 | 13.2 | -6.18 | 0.01 | -8.17 |
| 2018 (5) | 12.66 | -12.75 | 13.35 | 3.01 | 2.24 | 51.35 | 0 | 0 | 181.34 | 4.92 | 7.27 | 25.78 | 23.18 | 9.34 | 12.78 | 4.21 | 29.68 | 1.75 | 0.36 | 5.88 | 17.47 | -26.78 | 0 | 0 | 42.05 | 1.33 | 6.9 | 9.18 | 2.49 | 22.06 | 16.99 | 15.81 | 26.38 | 14.55 | -2.92 | 0 | 14.07 | 15.52 | 0.01 | 7.4 |
| 2017 (4) | 14.51 | 6.38 | 12.96 | -19.0 | 1.48 | -33.33 | 0 | 0 | 172.84 | 6.11 | 5.78 | 4.33 | 21.2 | 2.96 | 12.27 | -2.96 | 29.17 | -14.63 | 0.34 | 0.0 | 23.86 | -35.77 | 0 | 0 | 41.5 | 16.41 | 6.32 | 9.53 | 2.04 | 87.16 | 14.67 | 1.59 | 23.03 | 8.12 | -2.49 | 0 | 12.18 | -1.77 | 0.01 | -61.42 |
| 2016 (3) | 13.64 | 22.44 | 16.0 | -0.5 | 2.22 | -84.44 | 0 | 0 | 162.89 | -8.14 | 5.54 | 56.94 | 20.59 | 15.35 | 12.64 | 25.57 | 34.17 | -6.74 | 0.34 | 21.43 | 37.15 | 22.16 | 0 | 0 | 35.65 | 3.39 | 5.77 | 6.65 | 1.09 | 179.49 | 14.44 | 25.02 | 21.3 | 22.7 | -2.04 | 0 | 12.4 | 18.55 | 0.02 | -12.8 |
| 2015 (2) | 11.14 | -26.52 | 16.08 | -28.79 | 14.27 | 440.53 | 0 | 0 | 177.32 | 2.57 | 3.53 | -30.37 | 17.85 | -6.25 | 10.07 | -8.6 | 36.64 | -6.82 | 0.28 | -6.67 | 30.41 | -15.97 | 0 | 0 | 34.48 | 2.04 | 5.41 | 10.18 | 0.39 | -36.07 | 11.55 | -3.27 | 17.36 | -0.57 | -1.09 | 0 | 10.46 | -9.44 | 0.02 | 6.47 |
| 2014 (1) | 15.16 | 34.28 | 22.58 | 32.51 | 2.64 | 340.0 | 0 | 0 | 172.88 | 9.97 | 5.07 | 11.18 | 19.04 | -1.04 | 11.01 | -10.01 | 39.32 | 21.62 | 0.3 | 0.0 | 36.19 | 11.15 | 0 | 0 | 33.79 | 1.26 | 4.91 | 10.34 | 0.61 | 0 | 11.94 | 14.7 | 17.46 | 17.5 | -0.39 | 0 | 11.55 | 17.86 | 0.02 | -3.54 |
| 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) | 18.5 | -4.64 | -12.69 | 14.59 | -9.38 | 3.92 | 0.02 | 0.0 | 0 | 0 | 0 | 0 | 46.63 | -4.78 | -4.74 | 2.46 | 6.49 | -0.4 | 24.62 | -7.23 | -8.61 | 12.90 | -6.11 | -6.05 | 27.86 | 8.7 | -5.01 | 0.6 | 0.0 | 15.38 | 0.09 | 0.0 | 0 | 0 | 0 | 0 | 42.05 | 0.0 | 0.0 | 12.58 | 0.0 | 9.39 | 1.82 | 0.0 | 1.11 | 22.15 | 12.49 | -9.67 | 36.54 | 7.22 | -3.38 | -1.51 | 4.43 | 7.93 | 20.64 | 13.97 | -9.79 | 0.01 | 0.41 | 3.17 |
| 24Q2 (19) | 19.4 | -16.6 | -20.3 | 16.1 | 13.94 | -14.59 | 0.02 | 0 | 0 | 0 | 0 | 0 | 48.97 | -2.26 | 7.01 | 2.31 | -31.86 | -17.5 | 26.54 | -16.93 | 13.66 | 13.74 | -18.31 | 21.05 | 25.63 | -2.62 | -10.76 | 0.6 | 5.26 | 17.65 | 0.09 | 0 | 0 | 0 | 0 | 0 | 42.05 | 0.0 | 0.0 | 12.58 | 9.39 | 9.39 | 1.82 | 1.11 | 1.11 | 19.69 | 6.55 | -10.7 | 34.08 | 7.24 | -3.59 | -1.58 | 0.0 | 18.13 | 18.11 | 7.16 | -9.99 | 0.01 | -7.88 | 3.01 |
| 24Q1 (18) | 23.26 | 10.81 | 11.29 | 14.13 | 52.59 | -2.48 | 0 | 0 | 0 | 0 | 0 | 0 | 50.1 | 10.89 | -2.21 | 3.39 | 65.37 | 5.94 | 31.95 | 24.27 | -1.66 | 16.82 | 25.01 | 14.35 | 26.32 | -9.4 | -13.99 | 0.57 | 0.0 | 9.62 | 0 | 0 | 0 | 0 | 0 | 0 | 42.05 | 0.0 | 0.0 | 11.5 | 0.0 | 18.31 | 1.8 | 0.0 | -40.2 | 18.48 | -31.2 | -6.76 | 31.78 | -20.87 | -2.37 | -1.58 | 13.19 | 10.23 | 16.9 | -32.51 | -6.42 | 0.01 | 16.51 | 2.52 |
| 23Q4 (17) | 20.99 | -0.94 | -1.22 | 9.26 | -34.05 | -22.7 | 0 | 0 | -100.0 | 0 | 0 | 0 | 45.18 | -7.7 | -10.18 | 2.05 | -17.0 | -12.02 | 25.71 | -4.57 | -23.48 | 13.45 | -2.01 | -7.75 | 29.05 | -0.95 | -14.13 | 0.57 | 9.62 | 9.62 | 0 | 0 | 0 | 0 | 0 | 0 | 42.05 | 0.0 | 0.0 | 11.5 | 0.0 | 18.31 | 1.8 | 0.0 | -40.2 | 26.86 | 9.54 | -5.39 | 40.16 | 6.19 | -2.33 | -1.82 | -10.98 | -1.11 | 25.04 | 9.44 | -5.83 | 0.01 | -4.26 | 1.13 |
| 23Q3 (16) | 21.19 | -12.94 | 21.29 | 14.04 | -25.52 | -31.28 | 0 | 0 | -100.0 | 0 | 0 | 0 | 48.95 | 6.97 | -16.28 | 2.47 | -11.79 | -53.31 | 26.94 | 15.37 | -24.28 | 13.73 | 20.97 | -13.22 | 29.33 | 2.12 | -11.44 | 0.52 | 1.96 | -1.89 | 0 | 0 | -100.0 | 0 | 0 | 0 | 42.05 | 0.0 | 0.0 | 11.5 | 0.0 | 18.31 | 1.8 | 0.0 | -40.2 | 24.52 | 11.2 | -0.89 | 37.82 | 6.99 | 0.93 | -1.64 | 15.03 | 28.07 | 22.88 | 13.72 | 1.87 | 0.01 | 0.26 | 2.45 |
| 23Q2 (15) | 24.34 | 16.46 | 38.93 | 18.85 | 30.09 | -23.03 | 0 | 0 | -100.0 | 0 | 0 | 0 | 45.76 | -10.68 | -24.89 | 2.8 | -12.5 | -32.04 | 23.35 | -28.13 | -32.96 | 11.35 | -22.84 | -30.75 | 28.72 | -6.14 | -8.39 | 0.51 | -1.92 | 10.87 | 0 | 0 | -100.0 | 0 | 0 | 0 | 42.05 | 0.0 | 0.0 | 11.5 | 18.31 | 18.31 | 1.8 | -40.2 | -40.2 | 22.05 | 11.25 | 13.37 | 35.35 | 8.6 | 9.85 | -1.93 | -9.66 | 23.72 | 20.12 | 11.41 | 18.91 | 0.01 | -8.33 | -1.06 |
| 23Q1 (14) | 20.9 | -1.65 | 32.19 | 14.49 | 20.95 | -19.68 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 51.23 | 1.85 | -15.64 | 3.2 | 37.34 | -32.77 | 32.49 | -3.3 | -0.25 | 14.71 | 0.85 | -10.19 | 30.6 | -9.55 | -7.13 | 0.52 | 0.0 | 4.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 42.05 | 0.0 | 0.0 | 9.72 | 0.0 | 10.71 | 3.01 | 0.0 | 3.79 | 19.82 | -30.19 | 20.93 | 32.55 | -20.84 | 16.0 | -1.76 | 2.22 | 16.59 | 18.06 | -32.08 | 26.47 | 0.01 | 14.94 | -4.54 |
| 22Q4 (13) | 21.25 | 21.64 | 27.09 | 11.98 | -41.36 | -33.26 | 3.0 | 0.0 | -3.23 | 0 | 0 | 0 | 50.3 | -13.97 | 12.3 | 2.33 | -55.95 | 21.35 | 33.6 | -5.56 | 43.1 | 14.58 | -7.82 | 15.8 | 33.83 | 2.14 | 3.84 | 0.52 | -1.89 | 13.04 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 42.05 | 0.0 | 0.0 | 9.72 | 0.0 | 10.71 | 3.01 | 0.0 | 3.79 | 28.39 | 14.75 | 47.86 | 41.12 | 9.74 | 33.2 | -1.8 | 21.05 | 40.2 | 26.59 | 18.39 | 64.24 | 0.01 | -3.02 | -10.0 |
| 22Q3 (12) | 17.47 | -0.29 | 1.04 | 20.43 | -16.58 | 52.8 | 3.0 | 400.0 | 172.73 | 0 | 0 | 0 | 58.47 | -4.02 | 26.83 | 5.29 | 28.4 | 103.46 | 35.58 | 2.15 | 81.16 | 15.82 | -3.47 | 46.34 | 33.12 | 5.65 | 42.33 | 0.53 | 15.22 | 35.9 | 2.3 | -61.34 | -65.15 | 0 | 0 | 0 | 42.05 | 0.0 | 0.0 | 9.72 | 0.0 | 10.71 | 3.01 | 0.0 | 3.79 | 24.74 | 27.2 | 44.85 | 37.47 | 16.44 | 30.29 | -2.28 | 9.88 | 27.16 | 22.46 | 32.74 | 61.0 | 0.01 | -3.17 | -11.61 |
| 22Q2 (11) | 17.52 | 10.82 | -3.36 | 24.49 | 35.75 | 87.81 | 0.6 | 0.0 | -71.43 | 0 | 0 | 0 | 60.92 | 0.31 | 28.85 | 4.12 | -13.45 | 90.74 | 34.83 | 6.94 | 70.99 | 16.39 | 0.08 | 44.35 | 31.35 | -4.86 | 28.43 | 0.46 | -8.0 | 17.95 | 5.95 | 29.35 | -15.6 | 0 | 0 | 0 | 42.05 | 0.0 | 0.0 | 9.72 | 10.71 | 17.96 | 3.01 | 3.79 | -10.15 | 19.45 | 18.67 | 33.59 | 32.18 | 14.68 | 23.01 | -2.53 | -19.91 | 16.78 | 16.92 | 18.49 | 46.88 | 0.01 | -11.55 | -6.73 |
| 22Q1 (10) | 15.81 | -5.44 | 9.64 | 18.04 | 0.5 | 74.13 | 0.6 | -80.65 | -88.24 | 0 | 0 | 0 | 60.73 | 35.59 | 25.76 | 4.76 | 147.92 | 88.14 | 32.57 | 38.71 | 34.98 | 16.38 | 30.04 | 19.61 | 32.95 | 1.14 | 36.16 | 0.5 | 8.7 | 21.95 | 4.6 | 22.67 | -25.81 | 0 | 0 | 0 | 42.05 | 0.0 | 0.0 | 8.78 | 0.0 | 6.55 | 2.9 | 0.0 | -13.43 | 16.39 | -14.64 | 32.18 | 28.06 | -9.1 | 16.92 | -2.11 | 29.9 | 30.13 | 14.28 | -11.8 | 52.24 | 0.01 | 8.36 | 2.08 |
| 21Q4 (9) | 16.72 | -3.3 | -11.77 | 17.95 | 34.26 | 133.42 | 3.1 | 181.82 | -53.03 | 0 | 0 | 0 | 44.79 | -2.84 | 11.95 | 1.92 | -26.15 | 56.1 | 23.48 | 19.55 | 35.33 | 12.59 | 16.49 | 26.9 | 32.58 | 40.01 | 17.11 | 0.46 | 17.95 | 12.2 | 3.75 | -43.18 | -42.75 | 0 | 0 | 0 | 42.05 | 0.0 | 0.0 | 8.78 | 0.0 | 6.55 | 2.9 | 0.0 | -13.43 | 19.2 | 12.41 | 25.16 | 30.87 | 7.34 | 14.59 | -3.01 | 3.83 | -3.79 | 16.19 | 16.06 | 30.14 | 0.01 | -4.75 | 4.55 |
| 21Q3 (8) | 17.29 | -4.63 | -2.37 | 13.37 | 2.53 | 20.13 | 1.1 | -47.62 | -91.47 | 0 | 0 | 0 | 46.1 | -2.5 | 5.13 | 2.6 | 20.37 | 20.93 | 19.64 | -3.58 | 1.39 | 10.81 | -4.78 | -2.12 | 23.27 | -4.67 | -9.7 | 0.39 | 0.0 | 5.41 | 6.6 | -6.38 | 144.44 | 0 | 0 | 0 | 42.05 | 0.0 | 0.0 | 8.78 | 6.55 | 6.55 | 2.9 | -13.43 | -13.43 | 17.08 | 17.31 | 7.02 | 28.76 | 9.94 | 4.35 | -3.13 | -2.96 | -5.03 | 13.95 | 21.09 | 7.47 | 0.01 | 2.18 | 8.37 |
| 21Q2 (7) | 18.13 | 25.73 | -4.58 | 13.04 | 25.87 | 7.41 | 2.1 | -58.82 | -72.37 | 0 | 0 | 0 | 47.28 | -2.09 | 7.19 | 2.16 | -14.62 | -39.66 | 20.37 | -15.58 | 10.35 | 11.35 | -17.07 | 0 | 24.41 | 0.87 | -5.31 | 0.39 | -4.88 | 14.71 | 7.05 | 13.71 | -24.6 | 0 | 0 | 0 | 42.05 | 0.0 | 0.0 | 8.24 | 0.0 | 0.0 | 3.35 | 0.0 | 0.0 | 14.56 | 17.42 | 5.43 | 26.16 | 9.0 | 2.95 | -3.04 | -0.66 | 8.71 | 11.52 | 22.81 | 9.92 | 0.01 | -3.2 | 6.67 |
| 21Q1 (6) | 14.42 | -23.91 | -10.55 | 10.36 | 34.72 | -15.57 | 5.1 | -22.73 | 38.59 | 0 | 0 | 0 | 48.29 | 20.69 | 3.03 | 2.53 | 105.69 | 1104.76 | 24.13 | 39.08 | 6.02 | 13.69 | 37.96 | 0 | 24.2 | -13.01 | 4.76 | 0.41 | 0.0 | 10.81 | 6.2 | -5.34 | -55.07 | 0 | 0 | 0 | 42.05 | 0.0 | 0.0 | 8.24 | 0.0 | 7.99 | 3.35 | 0.0 | 14.73 | 12.4 | -19.17 | 9.83 | 24.0 | -10.91 | 9.94 | -3.02 | -4.14 | -2.03 | 9.38 | -24.6 | 12.61 | 0.01 | 10.98 | -1.16 |
| 20Q4 (5) | 18.95 | 7.0 | 26.84 | 7.69 | -30.91 | -30.15 | 6.6 | -48.84 | -3.23 | 0 | 0 | 0 | 40.01 | -8.76 | -1.33 | 1.23 | -42.79 | -28.49 | 17.35 | -10.43 | -14.41 | 9.92 | -10.15 | 0 | 27.82 | 7.95 | 0.76 | 0.41 | 10.81 | 10.81 | 6.55 | 142.59 | -38.5 | 0 | 0 | 0 | 42.05 | 0.0 | 0.0 | 8.24 | 0.0 | 7.99 | 3.35 | 0.0 | 14.73 | 15.34 | -3.88 | -7.31 | 26.94 | -2.25 | -0.55 | -2.9 | 2.68 | 13.43 | 12.44 | -4.16 | -5.76 | 0.01 | -1.27 | 1.7 |
| 20Q3 (4) | 17.71 | -6.79 | 0.0 | 11.13 | -8.32 | 0.0 | 12.9 | 69.74 | 0.0 | 0 | 0 | 0.0 | 43.85 | -0.59 | 0.0 | 2.15 | -39.94 | 0.0 | 19.37 | 4.93 | 0.0 | 11.04 | 0 | 0.0 | 25.77 | -0.04 | 0.0 | 0.37 | 8.82 | 0.0 | 2.7 | -71.12 | 0.0 | 0 | 0 | 0.0 | 42.05 | 0.0 | 0.0 | 8.24 | 0.0 | 0.0 | 3.35 | 0.0 | 0.0 | 15.96 | 15.57 | 0.0 | 27.56 | 8.46 | 0.0 | -2.98 | 10.51 | 0.0 | 12.98 | 23.85 | 0.0 | 0.01 | 0.57 | 0.0 |
