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) | 41.99 | 86.37 | 90.99 | -59.78 | 58.98 | 22584.62 | 0 | 0 | 306.84 | 1134.27 | 77.02 | 4805.73 | 7.27 | -46.43 | 2.37 | -95.66 | 250.8 | -29.52 | 10.55 | 16.06 | 42.65 | -57.97 | 0.17 | 6.25 | 45.1 | 0.0 | 10.84 | 1.5 | 0 | 0 | 77.07 | 2548.45 | 87.91 | 546.4 | 1.86 | 41.98 | 78.93 | 1770.38 | 0.00 | 0 |
| 2022 (9) | 22.53 | 3.44 | 226.24 | 60.74 | 0.26 | -98.71 | 0 | 0 | 24.86 | -76.28 | 1.57 | -90.61 | 13.57 | 133.56 | 54.59 | 884.52 | 355.83 | 30.59 | 9.09 | 20.4 | 101.48 | 24.04 | 0.16 | 14.29 | 45.1 | 14.99 | 10.68 | 18.53 | 0 | 0 | 2.91 | -82.63 | 13.6 | -47.2 | 1.31 | -16.03 | 4.22 | -76.95 | 0.00 | 0 |
| 2021 (8) | 21.78 | 3.22 | 140.75 | 17.92 | 20.15 | -19.37 | 0 | 0 | 104.79 | 36.87 | 16.72 | 1329.06 | 5.81 | 23.35 | 5.54 | -9.88 | 272.47 | 9.77 | 7.55 | 10.87 | 81.81 | -0.17 | 0.14 | -6.67 | 39.22 | 6.0 | 9.01 | 1.24 | 0 | 0 | 16.75 | 927.61 | 25.76 | 144.87 | 1.56 | 4.0 | 18.31 | 484.98 | 0.00 | 0 |
| 2020 (7) | 21.1 | 0.57 | 119.36 | 41.25 | 24.99 | 4208.62 | 0 | 0 | 76.56 | 82.33 | 1.17 | -82.16 | 4.71 | -42.14 | 6.15 | -68.26 | 248.23 | 31.49 | 6.81 | -1.02 | 81.95 | -23.4 | 0.15 | 50.0 | 37.0 | 20.01 | 8.9 | 8.01 | 0 | 0 | 1.63 | -77.58 | 10.52 | -32.17 | 1.5 | 48.51 | 3.13 | -62.2 | 0.00 | 0 |
| 2019 (6) | 20.98 | -45.06 | 84.5 | 43.83 | 0.58 | -97.17 | 0 | 0 | 41.99 | -69.67 | 6.56 | -69.99 | 8.14 | 93.81 | 19.39 | 539.03 | 188.78 | 43.13 | 6.88 | 149.28 | 106.99 | 117.24 | 0.1 | 11.11 | 30.83 | 0.0 | 8.24 | 36.2 | 0 | 0 | 7.27 | -67.89 | 15.51 | -45.94 | 1.01 | 17.44 | 8.28 | -64.77 | 0.00 | 0 |
| 2018 (5) | 38.19 | 99.32 | 58.75 | -31.68 | 20.52 | 65.62 | 0 | 0 | 138.45 | 194.07 | 21.86 | 279.51 | 4.2 | -71.77 | 3.03 | -90.4 | 131.89 | -23.3 | 2.76 | 0 | 49.25 | -25.07 | 0.09 | 0.0 | 30.83 | 26.66 | 6.05 | 10.4 | 0 | 0 | 22.64 | 272.37 | 28.69 | 148.18 | 0.86 | 62.26 | 23.5 | 255.52 | 0.00 | 0 |
| 2017 (4) | 19.16 | 65.46 | 85.99 | 84.13 | 12.39 | -8.36 | 0 | 0 | 47.08 | -17.84 | 5.76 | -44.4 | 14.88 | 500.0 | 31.61 | 630.25 | 171.95 | 39.01 | 0 | 0 | 65.73 | 42.64 | 0.09 | 350.0 | 24.34 | 2.4 | 5.48 | 23.42 | 0 | 0 | 6.08 | -43.23 | 11.56 | -23.7 | 0.53 | -41.11 | 6.61 | -43.07 | 0.00 | 0 |
| 2016 (3) | 11.58 | 135.85 | 46.7 | 8.15 | 13.52 | -6.31 | 0 | 0 | 57.3 | 15.73 | 10.36 | 13.85 | 2.48 | 34.78 | 4.33 | 16.46 | 123.7 | 11.55 | 0 | 0 | 46.08 | 84.32 | 0.02 | 0.0 | 23.77 | 2.02 | 4.44 | 25.78 | 0 | 0 | 10.71 | 9.73 | 15.15 | 14.0 | 0.9 | 8900.0 | 11.61 | 18.83 | 0.00 | 0 |
| 2015 (2) | 4.91 | -72.01 | 43.18 | 12.16 | 14.43 | 315.85 | 0 | 0 | 49.51 | 7.7 | 9.1 | 36.02 | 1.84 | -68.76 | 3.72 | -70.99 | 110.89 | 16.15 | 0 | 0 | 25.0 | -26.86 | 0.02 | 100.0 | 23.3 | 25.95 | 3.53 | 23.43 | 0 | 0 | 9.76 | 10.03 | 13.29 | 13.3 | 0.01 | 0 | 9.77 | 10.15 | 0.00 | 0 |
| 2014 (1) | 17.54 | 214.34 | 38.5 | -33.52 | 3.47 | -35.86 | 0 | 0 | 45.97 | 450.54 | 6.69 | 1094.64 | 5.89 | 108.13 | 12.81 | -62.2 | 95.47 | -3.98 | 0 | 0 | 34.18 | 144.84 | 0.01 | 0 | 18.5 | 4.76 | 2.86 | 1.78 | 0 | 0 | 8.87 | 216.79 | 11.73 | 109.46 | 0 | 0 | 8.87 | 216.79 | 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) | 68.8 | 71.23 | 88.18 | 145.41 | 30.66 | 1.76 | 19.21 | 0.31 | -52.15 | 0 | 0 | 0 | 19.8 | -62.38 | -88.31 | 4.43 | -74.3 | -89.32 | 6.04 | -66.28 | -85.04 | 4.08 | -32.2 | -73.72 | 286.92 | 3.05 | 3.17 | 9.4 | -11.74 | 4.79 | 82.24 | -0.02 | 33.4 | 0.17 | 21.43 | -5.56 | 99.23 | 0.0 | 120.02 | 18.54 | 0.0 | 71.03 | 0 | 0 | 0 | 26.76 | 19.84 | -57.94 | 45.3 | 10.84 | -39.17 | 3.38 | -10.58 | 93.14 | 30.14 | 15.43 | -53.89 | 0.00 | 0 | 0 |
| 24Q2 (19) | 40.18 | -24.59 | -2.85 | 111.29 | 0.93 | -47.7 | 19.15 | -67.59 | -52.17 | 0 | 0 | 0 | 52.63 | 290.43 | 18.03 | 17.24 | 410.06 | 27.33 | 17.91 | 21.18 | 191.22 | 6.02 | 17.9 | -10.74 | 278.44 | 2.82 | -23.09 | 10.65 | -1.84 | 18.2 | 82.26 | 31.59 | 33.41 | 0.14 | -12.5 | -6.67 | 99.23 | 120.02 | 120.02 | 18.54 | 71.03 | 71.03 | 0 | 0 | 0 | 22.33 | -66.63 | 0.86 | 40.87 | -47.43 | 23.92 | 3.78 | 103.23 | 129.09 | 26.11 | -62.03 | 9.75 | 0.00 | 0 | 0 |
| 24Q1 (18) | 53.28 | 26.89 | 112.86 | 110.27 | 21.19 | -51.79 | 59.09 | 0.19 | 22626.92 | 0 | 0 | 0 | 13.48 | -78.32 | -56.03 | 3.38 | -74.85 | -60.47 | 14.78 | 103.3 | -23.5 | 5.10 | 115.36 | -86.94 | 270.8 | 7.97 | -23.33 | 10.85 | 2.84 | 19.89 | 62.51 | 46.57 | -38.35 | 0.16 | -5.88 | 6.67 | 45.1 | 0.0 | 0.0 | 10.84 | 0.0 | 1.5 | 0 | 0 | 0 | 66.91 | -13.18 | 663.81 | 77.75 | -11.56 | 299.95 | 1.86 | 0.0 | 30.07 | 68.77 | -12.87 | 574.88 | 0.00 | 0 | 0 |
| 23Q4 (17) | 41.99 | 14.85 | 86.37 | 90.99 | -36.32 | -59.78 | 58.98 | 46.9 | 22584.62 | 0 | 0 | 0 | 62.17 | -63.3 | 301.87 | 13.44 | -67.6 | 513.7 | 7.27 | -81.99 | -46.43 | 2.37 | -84.73 | -95.66 | 250.8 | -9.82 | -29.52 | 10.55 | 17.61 | 16.06 | 42.65 | -30.82 | -57.97 | 0.17 | -5.56 | 6.25 | 45.1 | 0.0 | 0.0 | 10.84 | 0.0 | 1.5 | 0 | 0 | 0 | 77.07 | 21.14 | 2548.45 | 87.91 | 18.05 | 546.4 | 1.86 | 6.29 | 41.98 | 78.93 | 20.74 | 1770.38 | 0.00 | 0 | 0 |
| 23Q3 (16) | 36.56 | -11.61 | 98.16 | 142.89 | -32.86 | -29.62 | 40.15 | 0.27 | 15342.31 | 0 | 0 | 0 | 169.42 | 279.95 | 31866.04 | 41.48 | 206.35 | 4050.48 | 40.37 | 556.42 | 1157.63 | 15.52 | 130.26 | 95.99 | 278.11 | -23.18 | -18.57 | 8.97 | -0.44 | -1.75 | 61.65 | -0.02 | -39.4 | 0.18 | 20.0 | 5.88 | 45.1 | 0.0 | 0.0 | 10.84 | 0.0 | 1.5 | 0 | 0 | 0 | 63.62 | 187.35 | 8736.11 | 74.47 | 125.8 | 553.25 | 1.75 | 6.06 | 56.25 | 65.37 | 174.78 | 3452.72 | 0.00 | 0 | 0 |
| 23Q2 (15) | 41.36 | 65.24 | 72.98 | 212.81 | -6.96 | 16.56 | 40.04 | 15300.0 | 97.92 | 0 | 0 | 0 | 44.59 | 45.43 | 1498.21 | 13.54 | 58.36 | 0 | 6.15 | -68.17 | 36.36 | 6.74 | -82.75 | -11.82 | 362.03 | 2.5 | 10.53 | 9.01 | -0.44 | 24.62 | 61.66 | -39.19 | -39.39 | 0.15 | 0.0 | 15.38 | 45.1 | 0.0 | 0.0 | 10.84 | 1.5 | 1.5 | 0 | 0 | 0 | 22.14 | 152.74 | 1150.85 | 32.98 | 69.65 | 164.9 | 1.65 | 15.38 | 16.2 | 23.79 | 133.46 | 645.77 | 0.00 | 0 | 0 |
| 23Q1 (14) | 25.03 | 11.1 | 57.32 | 228.73 | 1.1 | 43.39 | 0.26 | 0.0 | -98.71 | 0 | 0 | 0 | 30.66 | 98.19 | 404.28 | 8.55 | 290.41 | 1985.37 | 19.32 | 42.37 | 282.57 | 39.07 | -28.4 | 500.44 | 353.19 | -0.74 | 22.17 | 9.05 | -0.44 | 20.19 | 101.39 | -0.09 | 23.8 | 0.15 | -6.25 | 7.14 | 45.1 | 0.0 | 14.99 | 10.68 | 0.0 | 18.53 | 0 | 0 | 0 | 8.76 | 201.03 | -6.01 | 19.44 | 42.94 | 6.06 | 1.43 | 9.16 | -1.38 | 10.19 | 141.47 | -5.39 | 0.00 | 0 | 0 |
| 22Q4 (13) | 22.53 | 22.11 | 3.44 | 226.24 | 11.44 | 60.74 | 0.26 | 0.0 | -98.71 | 0 | 0 | 0 | 15.47 | 2818.87 | -50.32 | 2.19 | 308.57 | -63.5 | 13.57 | 322.74 | 133.56 | 54.56 | 589.1 | 884.12 | 355.83 | 4.18 | 30.59 | 9.09 | -0.44 | 20.4 | 101.48 | -0.25 | 24.04 | 0.16 | -5.88 | 14.29 | 45.1 | 0.0 | 14.99 | 10.68 | 0.0 | 18.53 | 0 | 0 | 0 | 2.91 | 304.17 | -82.63 | 13.6 | 19.3 | -47.2 | 1.31 | 16.96 | -16.03 | 4.22 | 129.35 | -76.95 | 0.00 | 0 | 0 |
| 22Q3 (12) | 18.45 | -22.84 | -12.02 | 203.02 | 11.2 | 67.61 | 0.26 | -98.71 | -99.26 | 0 | 0 | 0 | 0.53 | -81.0 | -97.21 | -1.05 | 0 | -133.76 | 3.21 | -28.82 | -28.35 | 7.92 | 3.6 | 74.18 | 341.54 | 4.27 | 34.75 | 9.13 | 26.28 | 20.61 | 101.73 | 0.0 | 63.92 | 0.17 | 30.77 | 13.33 | 45.1 | 0.0 | 14.99 | 10.68 | 0.0 | 18.53 | 0 | 0 | 0 | 0.72 | -59.32 | -93.3 | 11.4 | -8.43 | -42.31 | 1.12 | -21.13 | -20.57 | 1.84 | -42.32 | -84.86 | 0.00 | 0 | 0 |
| 22Q2 (11) | 23.91 | 50.28 | 24.4 | 182.57 | 14.45 | 68.22 | 20.23 | 0.2 | 33.36 | 0 | 0 | 0 | 2.79 | -54.11 | -86.96 | 0 | -100.0 | -100.0 | 4.51 | -10.69 | -42.03 | 7.64 | 17.46 | 8.56 | 327.55 | 13.3 | 38.94 | 7.23 | -3.98 | -0.96 | 101.73 | 24.21 | 24.08 | 0.13 | -7.14 | -7.14 | 45.1 | 14.99 | 21.89 | 10.68 | 18.53 | 20.0 | 0 | 0 | 0 | 1.77 | -81.01 | -79.15 | 12.45 | -32.08 | -28.37 | 1.42 | -2.07 | 16.39 | 3.19 | -70.38 | -67.15 | 0.00 | 0 | 0 |
| 22Q1 (10) | 15.91 | -26.95 | -22.95 | 159.52 | 13.34 | 42.65 | 20.19 | 0.2 | 33.53 | 0 | 0 | 0 | 6.08 | -80.48 | -81.72 | 0.41 | -93.17 | -91.09 | 5.05 | -13.08 | -28.17 | 6.51 | 17.36 | -3.62 | 289.09 | 6.1 | 23.01 | 7.53 | -0.26 | 3.01 | 81.9 | 0.11 | -0.24 | 0.14 | 0.0 | 0.0 | 39.22 | 0.0 | 6.0 | 9.01 | 0.0 | 1.24 | 0 | 0 | 0 | 9.32 | -44.36 | 69.76 | 18.33 | -28.84 | 27.47 | 1.45 | -7.05 | 20.83 | 10.77 | -41.18 | 60.99 | 0.00 | 0 | 0 |
| 21Q4 (9) | 21.78 | 3.86 | 3.22 | 140.75 | 16.2 | 17.92 | 20.15 | -42.54 | -19.37 | 0 | 0 | 0 | 31.14 | 63.89 | 25.06 | 6.0 | 92.93 | 500.0 | 5.81 | 29.69 | 23.35 | 5.54 | 21.96 | -9.86 | 272.47 | 7.5 | 9.77 | 7.55 | -0.26 | 10.87 | 81.81 | 31.82 | -0.17 | 0.14 | -6.67 | -6.67 | 39.22 | 0.0 | 6.0 | 9.01 | 0.0 | 1.24 | 0 | 0 | 0 | 16.75 | 55.96 | 927.61 | 25.76 | 30.36 | 144.87 | 1.56 | 10.64 | 4.0 | 18.31 | 50.7 | 484.98 | 0.00 | 0 | 0 |
| 21Q3 (8) | 20.97 | 9.11 | 40.74 | 121.13 | 11.61 | 3.04 | 35.07 | 131.18 | 4576.0 | 0 | 0 | 0 | 19.0 | -11.17 | -38.63 | 3.11 | 3.67 | 168.1 | 4.48 | -42.42 | -41.36 | 4.55 | -35.43 | -59.71 | 253.47 | 7.52 | 4.66 | 7.57 | 3.7 | 10.83 | 62.06 | -24.31 | -41.77 | 0.15 | 7.14 | 0.0 | 39.22 | 6.0 | 6.0 | 9.01 | 1.24 | 1.24 | 0 | 0 | 0 | 10.74 | 26.5 | 1632.26 | 19.76 | 13.69 | 107.56 | 1.41 | 15.57 | 127.42 | 12.15 | 25.13 | 879.84 | 0.00 | 0 | 0 |
| 21Q2 (7) | 19.22 | -6.92 | 43.54 | 108.53 | -2.95 | -6.19 | 15.17 | 0.33 | 2130.88 | 0 | 0 | 0 | 21.39 | -35.69 | 42.5 | 3.0 | -34.78 | 1328.57 | 7.78 | 10.67 | 27.33 | 7.04 | 4.28 | 0 | 235.75 | 0.31 | -2.63 | 7.3 | -0.14 | 6.57 | 81.99 | -0.13 | -23.23 | 0.14 | 0.0 | 0.0 | 37.0 | 0.0 | 0.0 | 8.9 | 0.0 | 0 | 0 | 0 | 0 | 8.49 | 54.64 | 0 | 17.38 | 20.86 | 108.14 | 1.22 | 1.67 | 79.41 | 9.71 | 45.14 | 1327.94 | 0.00 | 0 | 0 |
| 21Q1 (6) | 20.65 | -2.13 | 29.47 | 111.83 | -6.31 | -0.36 | 15.12 | -39.5 | 2378.69 | 0 | 0 | 0 | 33.26 | 33.57 | 483.51 | 4.6 | 360.0 | 480.17 | 7.03 | 49.26 | -12.23 | 6.75 | 9.75 | 0 | 235.02 | -5.32 | 2.24 | 7.31 | 7.34 | 6.56 | 82.1 | 0.18 | -23.29 | 0.14 | -6.67 | 55.56 | 37.0 | 0.0 | 20.01 | 8.9 | 0.0 | 0 | 0 | 0 | 0 | 5.49 | 236.81 | 0 | 14.38 | 36.69 | 0.49 | 1.2 | -20.0 | 275.0 | 6.69 | 113.74 | 1990.62 | 0.00 | 0 | 0 |
| 20Q4 (5) | 21.1 | 41.61 | 0.57 | 119.36 | 1.53 | 41.25 | 24.99 | 3232.0 | 4208.62 | 0 | 0 | 0 | 24.9 | -19.57 | 55.14 | 1.0 | -13.79 | -87.89 | 4.71 | -38.35 | -42.14 | 6.15 | -45.48 | 0 | 248.23 | 2.49 | 31.49 | 6.81 | -0.29 | -1.02 | 81.95 | -23.11 | -23.4 | 0.15 | 0.0 | 50.0 | 37.0 | 0.0 | 20.01 | 8.9 | 0.0 | 8.01 | 0 | 0 | 0 | 1.63 | 162.9 | -77.58 | 10.52 | 10.5 | -32.17 | 1.5 | 141.94 | 48.51 | 3.13 | 152.42 | -62.2 | 0.00 | 0 | 0 |
| 20Q3 (4) | 14.9 | 11.28 | 0.0 | 117.56 | 1.62 | 0.0 | 0.75 | 10.29 | 0.0 | 0 | 0 | 0.0 | 30.96 | 106.26 | 0.0 | 1.16 | 452.38 | 0.0 | 7.64 | 25.04 | 0.0 | 11.28 | 0 | 0.0 | 242.19 | 0.03 | 0.0 | 6.83 | -0.29 | 0.0 | 106.58 | -0.21 | 0.0 | 0.15 | 7.14 | 0.0 | 37.0 | 0.0 | 0.0 | 8.9 | 0 | 0.0 | 0 | 0 | 0.0 | 0.62 | 0 | 0.0 | 9.52 | 14.01 | 0.0 | 0.62 | -8.82 | 0.0 | 1.24 | 82.35 | 0.0 | 0.00 | 0 | 0.0 |
