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) | 23.62 | 7.02 | 28.43 | 96.75 | 14.18 | 39.02 | 0 | 0 | 226.29 | -12.26 | 10.85 | -21.89 | 18.52 | 7.11 | 8.18 | 22.08 | 115.67 | 1.16 | 6.33 | 7.84 | 65.14 | -13.73 | 0.33 | -40.0 | 59.64 | -0.12 | 5.04 | 38.46 | 1.73 | -13.07 | 24.43 | 2.6 | 31.2 | 6.01 | -2.5 | 0 | 21.93 | 4.08 | 0.00 | -97.05 |
| 2022 (9) | 22.07 | -29.91 | 14.45 | 29.48 | 10.2 | 65.05 | 0 | 0 | 257.91 | -17.75 | 13.89 | 10.59 | 17.29 | -17.63 | 6.70 | 0.14 | 114.34 | 20.69 | 5.87 | -4.4 | 75.51 | -10.5 | 0.55 | 41.03 | 59.71 | 0.88 | 3.64 | 52.94 | 1.99 | 4.74 | 23.81 | 18.69 | 29.43 | 20.96 | -2.74 | 0 | 21.07 | 16.6 | 0.03 | 21.88 |
| 2021 (8) | 31.49 | 45.72 | 11.16 | 69.86 | 6.18 | 52.97 | 0 | 0 | 313.55 | 17.59 | 12.56 | 48.99 | 20.99 | 15.33 | 6.69 | -1.92 | 94.74 | 20.03 | 6.14 | 0.99 | 84.37 | -14.62 | 0.39 | 39.29 | 59.19 | 18.76 | 2.38 | 54.55 | 1.9 | -10.38 | 20.06 | 31.97 | 24.33 | 29.0 | -1.99 | 0 | 18.07 | 35.86 | 0.03 | -23.48 |
| 2020 (7) | 21.61 | 266.27 | 6.57 | -79.36 | 4.04 | -94.67 | 0 | 0 | 266.65 | 21.28 | 8.43 | -18.86 | 18.2 | 14.18 | 6.83 | -5.85 | 78.93 | 6.56 | 6.08 | -8.16 | 98.82 | 1658.36 | 0.28 | -17.65 | 49.84 | 0.0 | 1.54 | 208.0 | 2.12 | 68.25 | 15.2 | 11.03 | 18.86 | 21.99 | -1.9 | 0 | 13.3 | 14.95 | 0.03 | 37.22 |
| 2019 (6) | 5.9 | -25.79 | 31.83 | -12.27 | 75.77 | -5.24 | 0 | 0 | 219.87 | 5.27 | 10.39 | 167.1 | 15.94 | 8.81 | 7.25 | 3.36 | 74.07 | 6.93 | 6.62 | -24.43 | 5.62 | -55.4 | 0.34 | -10.53 | 49.84 | 25.1 | 0.5 | 354.55 | 1.26 | 129.09 | 13.69 | 209.73 | 15.46 | 203.73 | -2.12 | 0 | 11.57 | 266.14 | 0.02 | -30.78 |
| 2018 (5) | 7.95 | 11.34 | 36.28 | 6.39 | 79.96 | 355.87 | 0 | 0 | 208.87 | 32.58 | 3.89 | 238.26 | 14.65 | -9.29 | 7.01 | -31.58 | 69.27 | 26.31 | 8.76 | 81.74 | 12.6 | -83.49 | 0.38 | -2.56 | 39.84 | -0.03 | 0.11 | 0 | 0.55 | 0 | 4.42 | 337.62 | 5.09 | 403.96 | -1.26 | 0 | 3.16 | 586.96 | 0.04 | -1.06 |
| 2017 (4) | 7.14 | 151.41 | 34.1 | -7.56 | 17.54 | 686.55 | 0 | 0 | 157.54 | -37.65 | 1.15 | 0 | 16.15 | -6.27 | 10.25 | 50.33 | 54.84 | 10.01 | 4.82 | 1.69 | 76.31 | -19.95 | 0.39 | -17.02 | 39.85 | -1.99 | 0 | 0 | 0 | 0 | 1.01 | 0 | 1.01 | 0 | -0.55 | 0 | 0.46 | 0 | 0.04 | -14.92 |
| 2016 (3) | 2.84 | -41.2 | 36.89 | 70.31 | 2.23 | -91.8 | 0 | 0 | 252.66 | -58.83 | -4.85 | 0 | 17.23 | -18.5 | 6.82 | 97.99 | 49.85 | -31.22 | 4.74 | 360.19 | 95.33 | 217.77 | 0.47 | -18.97 | 40.66 | -0.49 | 0 | 0 | 0 | 0 | -4.8 | 0 | -4.8 | 0 | -0.13 | 0 | -4.93 | 0 | 0.04 | -28.85 |
| 2015 (2) | 4.83 | 15.83 | 21.66 | 1800.0 | 27.19 | 100.81 | 0 | 0 | 613.76 | 15.14 | -10.56 | 0 | 21.14 | 9.99 | 3.44 | -4.47 | 72.48 | 4.23 | 1.03 | -42.46 | 30.0 | -51.7 | 0.58 | 11.54 | 40.86 | 0.0 | 9.35 | 5.06 | 0.67 | -14.1 | -35.35 | 0 | -25.32 | 0 | 1.33 | -19.88 | -34.02 | 0 | 0.06 | 50.08 |
| 2014 (1) | 4.17 | 109.55 | 1.14 | -86.93 | 13.54 | -53.66 | 0 | 0 | 533.06 | 55.67 | -0.1 | 0 | 19.22 | 3.72 | 3.61 | -33.37 | 69.54 | 17.86 | 1.79 | 5.29 | 62.11 | 32.63 | 0.52 | -23.53 | 40.86 | 0.0 | 8.9 | 4.58 | 0.78 | -32.76 | -21.21 | 0 | -11.53 | 0 | 1.66 | 69.39 | -19.55 | 0 | 0.04 | 20.95 |
| 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) | 18.91 | 3.22 | -28.02 | 43.22 | 2.86 | 95.48 | 27.99 | 93.03 | 105.66 | 0 | 0 | 0 | 76.21 | 0.29 | 28.06 | 4.58 | 24.8 | 12.25 | 24.54 | 3.33 | 37.09 | 8.89 | -2.92 | 7.79 | 139.94 | 5.56 | 31.08 | 6.24 | -0.16 | -1.42 | 53.81 | -9.9 | -23.33 | 0.29 | -3.33 | -17.14 | 59.62 | 0.0 | -0.07 | 6.11 | 0.0 | 21.23 | 2.1 | 0.0 | 21.39 | 28.39 | 19.29 | 19.14 | 36.6 | 14.3 | 19.61 | -0.93 | 38.41 | 57.92 | 27.46 | 23.19 | 27.01 | 0.00 | -11.78 | 73.56 |
| 24Q2 (19) | 18.32 | -18.43 | -22.99 | 42.02 | 35.68 | 78.66 | 14.5 | 0.07 | 354.55 | 0 | 0 | 0 | 75.99 | 20.37 | 32.04 | 3.67 | -14.65 | -19.34 | 23.75 | 7.13 | 26.53 | 9.15 | -0.49 | 6.26 | 132.57 | 11.62 | 23.03 | 6.25 | -0.16 | -3.25 | 59.72 | -4.29 | -18.74 | 0.3 | -6.25 | -14.29 | 59.62 | -0.02 | -0.1 | 6.11 | 21.23 | 21.23 | 2.1 | 21.39 | 21.39 | 23.8 | -17.16 | 19.78 | 32.02 | -9.8 | 20.2 | -1.51 | 21.35 | 50.33 | 22.29 | -16.86 | 32.44 | 0.00 | 2.26 | 657.44 |
| 24Q1 (18) | 22.46 | -4.91 | 0.72 | 30.97 | 8.93 | 28.45 | 14.49 | 2.19 | 41.5 | 0 | 0 | 0 | 63.13 | 3.78 | 30.41 | 4.3 | 616.67 | 167.08 | 22.17 | 19.71 | 14.99 | 9.20 | 12.4 | 9.71 | 118.77 | 2.68 | 10.11 | 6.26 | -1.11 | 7.01 | 62.4 | -4.21 | -8.45 | 0.32 | -3.03 | -41.82 | 59.63 | -0.02 | -0.1 | 5.04 | 0.0 | 38.46 | 1.73 | 0.0 | -13.07 | 28.73 | 17.6 | 13.02 | 35.5 | 13.78 | 14.37 | -1.92 | 23.2 | 21.63 | 26.81 | 22.25 | 16.72 | 0.00 | 92.6 | -94.06 |
| 23Q4 (17) | 23.62 | -10.09 | 7.02 | 28.43 | 28.58 | 96.75 | 14.18 | 4.19 | 39.02 | 0 | 0 | 0 | 60.83 | 2.22 | 17.77 | 0.6 | -85.29 | -52.38 | 18.52 | 3.46 | 7.11 | 8.18 | -0.73 | 22.07 | 115.67 | 8.35 | 1.16 | 6.33 | 0.0 | 7.84 | 65.14 | -7.18 | -13.73 | 0.33 | -5.71 | -40.0 | 59.64 | -0.03 | -0.12 | 5.04 | 0.0 | 38.46 | 1.73 | 0.0 | -13.07 | 24.43 | 2.52 | 2.6 | 31.2 | 1.96 | 6.01 | -2.5 | -13.12 | 8.76 | 21.93 | 1.43 | 4.08 | 0.00 | -0.12 | -97.05 |
| 23Q3 (16) | 26.27 | 10.42 | -3.91 | 22.11 | -5.99 | 91.59 | 13.61 | 326.65 | 47.93 | 0 | 0 | 0 | 59.51 | 3.41 | -1.29 | 4.08 | -10.33 | -22.58 | 17.9 | -4.64 | 1.07 | 8.24 | -4.29 | 33.56 | 106.76 | -0.92 | -1.58 | 6.33 | -2.01 | 11.05 | 70.18 | -4.5 | -13.79 | 0.35 | 0.0 | -20.45 | 59.66 | -0.03 | -0.13 | 5.04 | 0.0 | 38.46 | 1.73 | 0.0 | -13.07 | 23.83 | 19.93 | 6.19 | 30.6 | 14.86 | 9.05 | -2.21 | 27.3 | 15.97 | 21.62 | 28.46 | 9.14 | 0.00 | 285.01 | -96.81 |
| 23Q2 (15) | 23.79 | 6.68 | -15.13 | 23.52 | -2.45 | 367.59 | 3.19 | -68.85 | -63.08 | 0 | 0 | 0 | 57.55 | 18.88 | -17.33 | 4.55 | 182.61 | 24.66 | 18.77 | -2.65 | -3.79 | 8.61 | 2.74 | 36.53 | 107.75 | -0.1 | 11.0 | 6.46 | 10.43 | 0.78 | 73.49 | 7.82 | -11.9 | 0.35 | -36.36 | -10.26 | 59.68 | -0.02 | -0.05 | 5.04 | 38.46 | 38.46 | 1.73 | -13.07 | -13.07 | 19.87 | -21.83 | 15.79 | 26.64 | -14.18 | 16.89 | -3.04 | -24.08 | 1.62 | 16.83 | -26.73 | 19.62 | 0.00 | -99.2 | -99.17 |
| 23Q1 (14) | 22.3 | 1.04 | -18.58 | 24.11 | 66.85 | 224.06 | 10.24 | 0.39 | 59.5 | 0 | 0 | 0 | 48.41 | -6.27 | -36.59 | 1.61 | 27.78 | -56.49 | 19.28 | 11.51 | -7.08 | 8.38 | 25.06 | 27.77 | 107.86 | -5.67 | 9.09 | 5.85 | -0.34 | -9.16 | 68.16 | -9.73 | -21.37 | 0.55 | 0.0 | 34.15 | 59.69 | -0.03 | 0.56 | 3.64 | 0.0 | 52.94 | 1.99 | 0.0 | 4.74 | 25.42 | 6.76 | 6.99 | 31.04 | 5.47 | 10.7 | -2.45 | 10.58 | -47.59 | 22.97 | 9.02 | 3.94 | 0.03 | -4.18 | 9.99 |
| 22Q4 (13) | 22.07 | -19.28 | -29.91 | 14.45 | 25.22 | 29.48 | 10.2 | 10.87 | 65.05 | 0 | 0 | 0 | 51.65 | -14.33 | -35.96 | 1.26 | -76.09 | -60.62 | 17.29 | -2.37 | -17.63 | 6.70 | 8.61 | 0.15 | 114.34 | 5.41 | 20.69 | 5.87 | 2.98 | -4.4 | 75.51 | -7.25 | -10.5 | 0.55 | 25.0 | 41.03 | 59.71 | -0.05 | 0.88 | 3.64 | 0.0 | 52.94 | 1.99 | 0.0 | 4.74 | 23.81 | 6.11 | 18.69 | 29.43 | 4.88 | 20.96 | -2.74 | -4.18 | -37.69 | 21.07 | 6.36 | 16.6 | 0.03 | 7.97 | 21.88 |
| 22Q3 (12) | 27.34 | -2.46 | -8.01 | 11.54 | 129.42 | 0.0 | 9.2 | 6.48 | 124.39 | 0 | 0 | 0 | 60.29 | -13.39 | -27.02 | 5.27 | 44.38 | 45.58 | 17.71 | -9.23 | -7.52 | 6.17 | -2.16 | -1.36 | 108.47 | 11.74 | 17.97 | 5.7 | -11.08 | -7.32 | 81.41 | -2.41 | -8.19 | 0.44 | 12.82 | 46.67 | 59.74 | 0.05 | 0.93 | 3.64 | 0.0 | 52.94 | 1.99 | 0.0 | 4.74 | 22.44 | 30.77 | 33.25 | 28.06 | 23.12 | 32.92 | -2.63 | 14.89 | -16.37 | 19.81 | 40.8 | 35.87 | 0.03 | 0.49 | 14.6 |
| 22Q2 (11) | 28.03 | 2.34 | -23.31 | 5.03 | -32.39 | -25.15 | 8.64 | 34.58 | 111.76 | 0 | 0 | 0 | 69.61 | -8.83 | -9.15 | 3.65 | -1.35 | 16.99 | 19.51 | -5.98 | -6.56 | 6.31 | -3.84 | -9.79 | 97.07 | -1.82 | 11.29 | 6.41 | -0.47 | 4.4 | 83.42 | -3.76 | -9.07 | 0.39 | -4.88 | 34.48 | 59.71 | 0.59 | 0.88 | 3.64 | 52.94 | 136.36 | 1.99 | 4.74 | -6.13 | 17.16 | -27.78 | -18.05 | 22.79 | -18.72 | -7.36 | -3.09 | -86.14 | -37.95 | 14.07 | -36.33 | -24.76 | 0.03 | 5.8 | 22.84 |
| 22Q1 (10) | 27.39 | -13.02 | -36.06 | 7.44 | -33.33 | 71.03 | 6.42 | 3.88 | 55.83 | 0 | 0 | 0 | 76.35 | -5.33 | 3.64 | 3.7 | 15.62 | 41.22 | 20.75 | -1.14 | 10.61 | 6.56 | -1.98 | 0.09 | 98.87 | 4.36 | 16.74 | 6.44 | 4.89 | 6.27 | 86.68 | 2.74 | -7.38 | 0.41 | 5.13 | 46.43 | 59.36 | 0.29 | 0.29 | 2.38 | 0.0 | 54.55 | 1.9 | 0.0 | -10.38 | 23.76 | 18.44 | 33.33 | 28.04 | 15.25 | 30.54 | -1.66 | 16.58 | 19.42 | 22.1 | 22.3 | 40.23 | 0.03 | 6.18 | 12.6 |
| 21Q4 (9) | 31.49 | 5.96 | 45.72 | 11.16 | -3.29 | 69.86 | 6.18 | 50.73 | 52.97 | 0 | 0 | 0 | 80.65 | -2.37 | 10.33 | 3.2 | -11.6 | 30.08 | 20.99 | 9.61 | 15.33 | 6.69 | 6.97 | -1.92 | 94.74 | 3.03 | 20.03 | 6.14 | -0.16 | 0.99 | 84.37 | -4.85 | -14.62 | 0.39 | 30.0 | 39.29 | 59.19 | 0.0 | 18.76 | 2.38 | 0.0 | 54.55 | 1.9 | 0.0 | -10.38 | 20.06 | 19.12 | 31.97 | 24.33 | 15.25 | 29.0 | -1.99 | 11.95 | -4.74 | 18.07 | 23.94 | 35.86 | 0.03 | 1.52 | -23.48 |
| 21Q3 (8) | 29.72 | -18.69 | 63.03 | 11.54 | 71.73 | 145.53 | 4.1 | 0.49 | 0.99 | 0 | 0 | 0 | 82.61 | 7.82 | 9.94 | 3.62 | 16.03 | 37.64 | 19.15 | -8.29 | -0.36 | 6.26 | -10.52 | -18.67 | 91.95 | 5.42 | 22.03 | 6.15 | 0.16 | -4.21 | 88.67 | -3.35 | -12.69 | 0.3 | 3.45 | 3.45 | 59.19 | 0.0 | 18.76 | 2.38 | 54.55 | 54.55 | 1.9 | -10.38 | -10.38 | 16.84 | -19.58 | 31.87 | 21.11 | -14.19 | 28.48 | -2.26 | -0.89 | 3.83 | 14.58 | -22.03 | 39.92 | 0.03 | 7.71 | -20.98 |
| 21Q2 (7) | 36.55 | -14.68 | 67.81 | 6.72 | 54.48 | 87.71 | 4.08 | -0.97 | -0.24 | 0 | 0 | 0 | 76.62 | 4.0 | 19.27 | 3.12 | 19.08 | 70.49 | 20.88 | 11.3 | 26.09 | 6.99 | 6.69 | 0 | 87.22 | 2.99 | 15.55 | 6.14 | 1.32 | -4.06 | 91.74 | -1.98 | -10.16 | 0.29 | 3.57 | -3.33 | 59.19 | 0.0 | 18.76 | 1.54 | 0.0 | 0.0 | 2.12 | 0.0 | 0.0 | 20.94 | 17.51 | 110.24 | 24.6 | 14.53 | 80.48 | -2.24 | -8.74 | 17.34 | 18.7 | 18.65 | 157.93 | 0.02 | -3.02 | -26.21 |
| 21Q1 (6) | 42.84 | 98.24 | 527.23 | 4.35 | -33.79 | -86.73 | 4.12 | 1.98 | 135.43 | 0 | 0 | 0 | 73.67 | 0.78 | 36.0 | 2.62 | 6.5 | 95.52 | 18.76 | 3.08 | 22.94 | 6.56 | -3.95 | 0 | 84.69 | 7.3 | 16.75 | 6.06 | -0.33 | -6.63 | 93.59 | -5.29 | 17.53 | 0.28 | 0.0 | -12.5 | 59.19 | 18.76 | 18.76 | 1.54 | 0.0 | 208.0 | 2.12 | 0.0 | 68.25 | 17.82 | 17.24 | 18.56 | 21.48 | 13.89 | 27.86 | -2.06 | -8.42 | 15.23 | 15.76 | 18.5 | 25.08 | 0.02 | -27.85 | -19.61 |
| 20Q4 (5) | 21.61 | 18.54 | 266.27 | 6.57 | 39.79 | -79.36 | 4.04 | -0.49 | -94.67 | 0 | 0 | 0 | 73.1 | -2.71 | 29.98 | 2.46 | -6.46 | -59.0 | 18.2 | -5.31 | 14.18 | 6.83 | -11.29 | 0 | 78.93 | 4.75 | 6.56 | 6.08 | -5.3 | -8.16 | 98.82 | -2.7 | 1658.36 | 0.28 | -3.45 | -17.65 | 49.84 | 0.0 | 0.0 | 1.54 | 0.0 | 208.0 | 2.12 | 0.0 | 68.25 | 15.2 | 19.03 | 11.03 | 18.86 | 14.79 | 21.99 | -1.9 | 19.15 | 10.38 | 13.3 | 27.64 | 14.95 | 0.03 | 4.84 | 37.22 |
| 20Q3 (4) | 18.23 | -16.3 | 0.0 | 4.7 | 31.28 | 0.0 | 4.06 | -0.73 | 0.0 | 0 | 0 | 0.0 | 75.14 | 16.97 | 0.0 | 2.63 | 43.72 | 0.0 | 19.22 | 16.06 | 0.0 | 7.69 | 0 | 0.0 | 75.35 | -0.17 | 0.0 | 6.42 | 0.31 | 0.0 | 101.56 | -0.55 | 0.0 | 0.29 | -3.33 | 0.0 | 49.84 | 0.0 | 0.0 | 1.54 | 0.0 | 0.0 | 2.12 | 0.0 | 0.0 | 12.77 | 28.21 | 0.0 | 16.43 | 20.54 | 0.0 | -2.35 | 13.28 | 0.0 | 10.42 | 43.72 | 0.0 | 0.03 | 0.58 | 0.0 |
