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) | 89.17 | 2.52 | 98.87 | 12.2 | 0 | 0 | 0 | 0 | 738.67 | -7.24 | 18.27 | -15.81 | 140.48 | -6.51 | 19.02 | 0.79 | 114.89 | -3.23 | 123.89 | 8.44 | 236.53 | -34.92 | 5.2 | -0.19 | 166.04 | 0.0 | 51.06 | 4.31 | 39.93 | -0.05 | 140.94 | 3.28 | 231.93 | 2.92 | 149.15 | 23.91 | 290.09 | 12.95 | 0.21 | -2.01 |
| 2022 (9) | 86.98 | 33.12 | 88.12 | -12.58 | 0 | 0 | 0 | 0 | 796.36 | -6.64 | 21.7 | -58.3 | 150.26 | -14.6 | 18.87 | -8.53 | 118.72 | 1.43 | 114.25 | 18.57 | 363.45 | 37.05 | 5.21 | 10.62 | 166.04 | 0.0 | 48.95 | 10.52 | 39.95 | -0.12 | 136.46 | -5.82 | 225.36 | -1.68 | 120.37 | 43.49 | 256.83 | 12.26 | 0.21 | -3.16 |
| 2021 (8) | 65.34 | 3.99 | 100.8 | 53.54 | 0.58 | 0 | 0 | 0 | 852.99 | 16.47 | 52.04 | -0.1 | 175.95 | 14.53 | 20.63 | -1.67 | 117.05 | 29.35 | 96.36 | 11.59 | 265.2 | -2.06 | 4.71 | -2.69 | 166.04 | 0.0 | 44.29 | 15.85 | 40.0 | -0.05 | 144.9 | 12.06 | 229.2 | 10.43 | 83.89 | 63.82 | 228.79 | 26.74 | 0.22 | -2.76 |
| 2020 (7) | 62.83 | 3.63 | 65.65 | -47.58 | 0 | 0 | 0 | 0 | 732.35 | -2.04 | 52.09 | 127.87 | 153.63 | 5.7 | 20.98 | 7.9 | 90.49 | -5.96 | 86.35 | 3.25 | 270.77 | -7.9 | 4.84 | -5.1 | 166.04 | 0.0 | 38.23 | 7.42 | 40.02 | -0.67 | 129.31 | 55.96 | 207.56 | 30.71 | 51.21 | -11.2 | 180.52 | 28.41 | 0.23 | 0.5 |
| 2019 (6) | 60.63 | 30.14 | 125.24 | 9.12 | 0 | 0 | 0 | 0 | 747.6 | -2.2 | 22.86 | 58.75 | 145.34 | -6.04 | 19.44 | -3.93 | 96.23 | -13.79 | 83.63 | -2.08 | 294.0 | -12.54 | 5.1 | -2.3 | 166.04 | 0.0 | 35.59 | 4.22 | 40.29 | 0.0 | 82.91 | 21.98 | 158.79 | 11.5 | 57.67 | 59.0 | 140.58 | 34.86 | 0.23 | -7.08 |
| 2018 (5) | 46.59 | 12.4 | 114.77 | 0.81 | 1.2 | -35.83 | 0 | 0 | 764.4 | 14.48 | 14.4 | -10.39 | 154.68 | 4.87 | 20.24 | -8.4 | 111.62 | 21.44 | 85.41 | -5.31 | 336.15 | 5.17 | 5.22 | 13.73 | 166.04 | 0.0 | 34.15 | 4.92 | 40.29 | -0.02 | 67.97 | 2.83 | 142.41 | 2.49 | 36.27 | 115.12 | 104.24 | 25.65 | 0.24 | 3.33 |
| 2017 (4) | 41.45 | 11.69 | 113.85 | 22.35 | 1.87 | 15.43 | 0 | 0 | 667.7 | 5.39 | 16.07 | 1175.4 | 147.5 | 12.2 | 22.09 | 6.46 | 91.91 | 10.9 | 90.2 | -7.02 | 319.64 | -9.12 | 4.59 | -7.83 | 166.04 | 0.0 | 32.55 | 0.4 | 40.3 | -0.02 | 66.1 | 33.59 | 138.95 | 13.69 | 16.86 | -33.41 | 82.96 | 10.91 | 0.24 | 4.12 |
| 2016 (3) | 37.11 | 55.86 | 93.05 | -10.55 | 1.62 | -63.84 | 0 | 0 | 633.54 | -0.36 | 1.26 | -74.9 | 131.46 | -9.86 | 20.75 | -9.54 | 82.88 | -15.1 | 97.01 | 0.86 | 351.73 | 25.61 | 4.98 | -1.78 | 166.04 | 0.0 | 32.42 | 1.57 | 40.31 | 0.0 | 49.48 | -10.04 | 122.22 | -3.95 | 25.32 | -54.25 | 74.8 | -32.21 | 0.23 | 5.7 |
| 2015 (2) | 23.81 | -14.14 | 104.03 | -15.2 | 4.48 | -74.07 | 0 | 0 | 635.8 | 4.41 | 5.02 | -15.63 | 145.84 | 9.61 | 22.94 | 4.99 | 97.62 | 5.02 | 96.18 | -0.13 | 280.02 | 1.41 | 5.07 | 3.89 | 166.04 | 0.0 | 31.92 | 1.92 | 40.31 | 0.0 | 55.0 | -8.93 | 127.24 | -3.62 | 55.34 | -40.71 | 110.34 | -28.22 | 0.21 | 6.27 |
| 2014 (1) | 27.73 | -22.26 | 122.67 | -9.21 | 17.28 | -36.38 | 0 | 0 | 608.96 | 7.34 | 5.95 | -2.62 | 133.05 | 16.17 | 21.85 | 8.23 | 92.95 | 3.85 | 96.31 | 10.47 | 276.13 | 29.96 | 4.88 | 100.82 | 166.04 | 0.0 | 31.32 | 1.99 | 40.31 | 0.0 | 60.39 | -3.41 | 132.02 | -1.14 | 93.33 | 193.58 | 153.72 | 62.99 | 0.20 | -11.64 |
| 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) | 103.89 | -2.45 | 11.45 | 155.44 | 1.5 | 34.85 | 0 | 0 | 0 | 0 | 0 | 0 | 200.75 | 1.76 | 8.6 | 7.81 | 5907.69 | -31.13 | 155.68 | 1.78 | 8.87 | 20.10 | -0.31 | 3.3 | 135.61 | 9.73 | 18.11 | 132.66 | 3.87 | 9.82 | 190.25 | 0.45 | 1.86 | 5.36 | -2.19 | -2.01 | 166.04 | 0.0 | 0.0 | 53.22 | 0.0 | 4.23 | 39.93 | 0.0 | 0.0 | 136.97 | 6.31 | 2.99 | 230.11 | 3.66 | 2.74 | 235.41 | -1.64 | 74.25 | 372.38 | 1.14 | 38.9 | 0.20 | 0.26 | -8.37 |
| 24Q2 (19) | 106.5 | 25.57 | 12.44 | 153.15 | 23.48 | 29.03 | 0 | 0 | 0 | 0 | 0 | 0 | 197.28 | 10.08 | 8.85 | 0.13 | -95.34 | -93.16 | 152.96 | 6.71 | 10.04 | 20.16 | 4.46 | 9.39 | 123.58 | -1.61 | 2.5 | 127.72 | 4.66 | 13.31 | 189.4 | -1.56 | -9.89 | 5.48 | 1.11 | 3.79 | 166.04 | 0.0 | 0.0 | 53.22 | 4.23 | 4.23 | 39.93 | 0.0 | 0.0 | 128.84 | -0.12 | 5.98 | 221.99 | 0.91 | 4.44 | 239.34 | 26.4 | 91.43 | 368.18 | 15.66 | 49.3 | 0.20 | -5.89 | -9.98 |
| 24Q1 (18) | 84.81 | -4.89 | -5.1 | 124.03 | 25.45 | 5.65 | 0 | 0 | -100.0 | 0 | 0 | 0 | 179.22 | -9.15 | 2.23 | 2.79 | -44.2 | 9200.0 | 143.34 | 2.04 | 1.63 | 19.30 | 1.5 | 5.87 | 125.6 | 9.32 | 3.36 | 122.03 | -1.5 | 12.76 | 192.4 | -18.66 | 21.76 | 5.42 | 4.23 | 4.84 | 166.04 | 0.0 | 0.0 | 51.06 | 0.0 | 4.31 | 39.93 | 0.0 | -0.05 | 128.99 | -8.48 | 6.17 | 219.98 | -5.15 | 4.56 | 189.35 | 26.95 | 63.51 | 318.34 | 9.74 | 34.16 | 0.21 | -0.62 | -7.62 |
| 23Q4 (17) | 89.17 | -4.34 | 2.52 | 98.87 | -14.23 | 12.2 | 0 | 0 | 0 | 0 | 0 | 0 | 197.26 | 6.71 | 1.94 | 5.0 | -55.91 | 992.86 | 140.48 | -1.76 | -6.51 | 19.02 | -2.26 | 0.79 | 114.89 | 0.06 | -3.23 | 123.89 | 2.56 | 8.44 | 236.53 | 26.64 | -34.92 | 5.2 | -4.94 | -0.19 | 166.04 | 0.0 | 0.0 | 51.06 | 0.0 | 4.31 | 39.93 | 0.0 | -0.05 | 140.94 | 5.98 | 3.28 | 231.93 | 3.55 | 2.92 | 149.15 | 10.4 | 23.91 | 290.09 | 8.21 | 12.95 | 0.21 | -2.28 | -2.01 |
| 23Q3 (16) | 93.22 | -1.58 | -1.04 | 115.27 | -2.88 | 19.57 | 0 | 0 | -100.0 | 0 | 0 | 0 | 184.86 | 2.0 | -9.4 | 11.34 | 496.84 | -22.44 | 143.0 | 2.88 | -10.33 | 19.46 | 5.56 | -0.02 | 114.82 | -4.77 | -2.82 | 120.8 | 7.17 | 9.79 | 186.78 | -11.14 | -29.26 | 5.47 | 3.6 | 1.67 | 166.04 | 0.0 | 0.0 | 51.06 | 0.0 | 4.31 | 39.93 | 0.0 | -0.05 | 132.99 | 9.39 | -4.68 | 223.98 | 5.38 | -1.94 | 135.1 | 8.05 | 5.32 | 268.09 | 8.71 | 0.11 | 0.22 | -1.51 | 2.42 |
| 23Q2 (15) | 94.72 | 5.99 | 15.12 | 118.69 | 1.1 | -8.69 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 181.24 | 3.38 | -9.68 | 1.9 | 6233.33 | -63.39 | 139.0 | -1.45 | -10.48 | 18.43 | 1.09 | -3.47 | 120.57 | -0.78 | 5.01 | 112.72 | 4.16 | 16.27 | 210.19 | 33.02 | -11.29 | 5.28 | 2.13 | 4.55 | 166.04 | 0.0 | 0.0 | 51.06 | 4.31 | 4.31 | 39.93 | -0.05 | -0.05 | 121.57 | 0.07 | -2.71 | 212.55 | 1.03 | -0.61 | 125.03 | 7.97 | 12.38 | 246.6 | 3.92 | 4.4 | 0.22 | -3.42 | 5.24 |
| 23Q1 (14) | 89.37 | 2.75 | 7.51 | 117.4 | 33.23 | -2.13 | 8.0 | 0 | 122.22 | 0 | 0 | 0 | 175.31 | -9.4 | -11.53 | 0.03 | 105.36 | -98.77 | 141.04 | -6.14 | -13.54 | 18.23 | -3.36 | -6.33 | 121.52 | 2.36 | 9.28 | 108.22 | -5.28 | 12.69 | 158.01 | -56.52 | -28.45 | 5.17 | -0.77 | 6.16 | 166.04 | 0.0 | 0.0 | 48.95 | 0.0 | 10.52 | 39.95 | 0.0 | -0.12 | 121.49 | -10.97 | -1.86 | 210.39 | -6.64 | 1.11 | 115.8 | -3.8 | -10.45 | 237.29 | -7.61 | -6.25 | 0.23 | 5.42 | 9.18 |
| 22Q4 (13) | 86.98 | -7.66 | 33.12 | 88.12 | -8.59 | -12.58 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 193.5 | -5.17 | -10.62 | -0.56 | -103.83 | -108.63 | 150.26 | -5.78 | -14.6 | 18.87 | -3.06 | -8.53 | 118.72 | 0.48 | 1.43 | 114.25 | 3.84 | 18.57 | 363.45 | 37.66 | 37.05 | 5.21 | -3.16 | 10.62 | 166.04 | 0.0 | 0.0 | 48.95 | 0.0 | 10.52 | 39.95 | 0.0 | -0.12 | 136.46 | -2.19 | -5.82 | 225.36 | -1.34 | -1.68 | 120.37 | -6.16 | 43.49 | 256.83 | -4.09 | 12.26 | 0.21 | 2.14 | -3.16 |
| 22Q3 (12) | 94.2 | 14.49 | 34.55 | 96.4 | -25.84 | -13.26 | 3.0 | 0.0 | -62.5 | 0 | 0 | 0 | 204.05 | 1.69 | 3.13 | 14.62 | 181.7 | 12.38 | 159.47 | 2.7 | -1.82 | 19.46 | 1.92 | 1.33 | 118.15 | 2.9 | 4.48 | 110.03 | 13.49 | 20.11 | 264.02 | 11.43 | 27.87 | 5.38 | 6.53 | 13.74 | 166.04 | 0.0 | 0.0 | 48.95 | 0.0 | 10.52 | 39.95 | 0.0 | -0.17 | 139.52 | 11.66 | 1.61 | 228.42 | 6.81 | 3.07 | 128.27 | 15.29 | 100.89 | 267.79 | 13.37 | 33.12 | 0.21 | 1.2 | -8.34 |
| 22Q2 (11) | 82.28 | -1.02 | 29.01 | 129.99 | 8.37 | 28.97 | 3.0 | -16.67 | 0 | 0 | 0 | 0 | 200.66 | 1.26 | -11.02 | 5.19 | 112.7 | -69.4 | 155.28 | -4.81 | -8.62 | 19.10 | -1.9 | -6.09 | 114.82 | 3.26 | 10.78 | 96.95 | 0.96 | -0.03 | 236.93 | 7.29 | 7.39 | 5.05 | 3.7 | 6.54 | 166.04 | 0.0 | 0.0 | 48.95 | 10.52 | 10.52 | 39.95 | -0.12 | -0.17 | 124.95 | 0.94 | -4.64 | 213.85 | 2.77 | -0.7 | 111.26 | -13.97 | 79.28 | 236.21 | -6.68 | 22.33 | 0.21 | 0.19 | -10.78 |
| 22Q1 (10) | 83.13 | 27.23 | 52.98 | 119.95 | 19.0 | 42.39 | 3.6 | 520.69 | 0 | 0 | 0 | 0 | 198.16 | -8.46 | -7.03 | 2.44 | -62.4 | -84.34 | 163.13 | -7.29 | 2.88 | 19.47 | -5.63 | -3.81 | 111.2 | -5.0 | 15.47 | 96.03 | -0.34 | 2.21 | 220.84 | -16.73 | -0.99 | 4.87 | 3.4 | 0.41 | 166.04 | 0.0 | 0.0 | 44.29 | 0.0 | 15.85 | 40.0 | 0.0 | -0.05 | 123.79 | -14.57 | 3.17 | 208.08 | -9.21 | 4.97 | 129.32 | 54.15 | 98.4 | 253.11 | 10.63 | 36.69 | 0.21 | -6.5 | -12.56 |
| 21Q4 (9) | 65.34 | -6.67 | 3.99 | 100.8 | -9.3 | 53.54 | 0.58 | -92.75 | 0 | 0 | 0 | 0 | 216.48 | 9.41 | 3.54 | 6.49 | -50.12 | -40.57 | 175.95 | 8.33 | 14.53 | 20.63 | 7.39 | -1.67 | 117.05 | 3.51 | 29.35 | 96.36 | 5.19 | 11.59 | 265.2 | 28.44 | -2.06 | 4.71 | -0.42 | -2.69 | 166.04 | 0.0 | 0.0 | 44.29 | 0.0 | 15.85 | 40.0 | -0.05 | -0.05 | 144.9 | 5.53 | 12.06 | 229.2 | 3.42 | 10.43 | 83.89 | 31.39 | 63.82 | 228.79 | 13.74 | 26.74 | 0.22 | -3.32 | -2.76 |
| 21Q3 (8) | 70.01 | 9.77 | 27.48 | 111.14 | 10.27 | 25.55 | 8.0 | 0 | 166.67 | 0 | 0 | 0 | 197.86 | -12.26 | 5.31 | 13.01 | -23.29 | -41.26 | 162.42 | -4.41 | 14.24 | 19.21 | -5.54 | -3.18 | 113.08 | 9.1 | 17.83 | 91.61 | -5.54 | 11.92 | 206.48 | -6.41 | -4.79 | 4.73 | -0.21 | -4.44 | 166.04 | 0.0 | 0.0 | 44.29 | 0.0 | 15.85 | 40.02 | 0.0 | -0.07 | 137.31 | 4.79 | 24.75 | 221.62 | 2.91 | 17.66 | 63.85 | 2.88 | 60.51 | 201.16 | 4.18 | 34.24 | 0.23 | -1.48 | -0.48 |
| 21Q2 (7) | 63.78 | 17.37 | 4.45 | 100.79 | 19.65 | -19.7 | 0 | 0 | 0 | 0 | 0 | 0 | 225.5 | 5.8 | 30.0 | 16.96 | 8.86 | 33.86 | 169.92 | 7.16 | 31.5 | 20.33 | 0.48 | 0 | 103.65 | 7.63 | 5.91 | 96.98 | 3.23 | 19.58 | 220.63 | -1.08 | -19.74 | 4.74 | -2.27 | -5.95 | 166.04 | 0.0 | 0.0 | 44.29 | 15.85 | 0 | 40.02 | 0.0 | 0 | 131.03 | 9.2 | 0 | 215.35 | 8.64 | 29.58 | 62.06 | -4.79 | 47.17 | 193.09 | 4.28 | 357.88 | 0.23 | -1.81 | 2.35 |
| 21Q1 (6) | 54.34 | -13.51 | -4.08 | 84.24 | 28.32 | -41.55 | 0 | 0 | 0 | 0 | 0 | 0 | 213.14 | 1.94 | 31.63 | 15.58 | 42.67 | 145.35 | 158.57 | 3.22 | 16.23 | 20.24 | -3.53 | 0 | 96.3 | 6.42 | -2.87 | 93.95 | 8.8 | 16.49 | 223.04 | -17.63 | -15.58 | 4.85 | 0.21 | -5.64 | 166.04 | 0.0 | 0.0 | 38.23 | 0.0 | 7.42 | 40.02 | 0.0 | -0.67 | 119.99 | -7.21 | 34.41 | 198.23 | -4.5 | 20.04 | 65.18 | 27.28 | 216.41 | 185.17 | 2.58 | 68.54 | 0.24 | 3.99 | -1.01 |
| 20Q4 (5) | 62.83 | 14.4 | 3.63 | 65.65 | -25.84 | -47.58 | 0 | -100.0 | 0 | 0 | 0 | 0 | 209.08 | 11.28 | 8.11 | 10.92 | -50.7 | 144.84 | 153.63 | 8.05 | 5.7 | 20.98 | 5.74 | 0 | 90.49 | -5.71 | -5.96 | 86.35 | 5.5 | 3.25 | 270.77 | 24.85 | -7.9 | 4.84 | -2.22 | -5.1 | 166.04 | 0.0 | 0.0 | 38.23 | 0.0 | 7.42 | 40.02 | -0.07 | -0.67 | 129.31 | 17.48 | 55.96 | 207.56 | 10.2 | 30.71 | 51.21 | 28.73 | -11.2 | 180.52 | 20.47 | 28.41 | 0.23 | -1.06 | 0.5 |
| 20Q3 (4) | 54.92 | -10.06 | 0.0 | 88.52 | -29.48 | 0.0 | 3.0 | 0 | 0.0 | 0 | 0 | 0.0 | 187.89 | 8.32 | 0.0 | 22.15 | 74.82 | 0.0 | 142.18 | 10.03 | 0.0 | 19.84 | 0 | 0.0 | 95.97 | -1.94 | 0.0 | 81.85 | 0.92 | 0.0 | 216.87 | -21.1 | 0.0 | 4.95 | -1.79 | 0.0 | 166.04 | 0.0 | 0.0 | 38.23 | 0 | 0.0 | 40.05 | 0 | 0.0 | 110.07 | 0 | 0.0 | 188.35 | 13.33 | 0.0 | 39.78 | -5.67 | 0.0 | 149.85 | 255.35 | 0.0 | 0.23 | 1.32 | 0.0 |
