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) | 17.33 | -18.52 | 138.85 | -0.79 | 1.91 | -0.52 | 0 | 0 | 609.62 | 1.65 | 47.29 | 18.4 | 44.03 | 22.68 | 7.22 | 20.69 | 198.94 | 5.7 | 34.27 | -1.58 | 14.21 | -43.75 | 1.68 | -6.15 | 73.02 | 0.0 | 51.27 | 8.67 | 4.87 | 208.23 | 106.98 | 15.59 | 163.12 | 15.43 | -3.05 | 0 | 103.93 | 16.21 | 0.00 | -3.8 |
| 2022 (9) | 21.27 | 39.02 | 139.95 | 5.02 | 1.92 | -73.48 | 0 | 0 | 599.72 | 2.0 | 39.94 | -32.37 | 35.89 | -15.43 | 5.98 | -17.09 | 188.21 | -8.17 | 34.82 | 1.81 | 25.26 | 38.94 | 1.79 | -3.76 | 73.02 | 0.0 | 47.18 | 14.29 | 1.58 | -80.78 | 92.55 | -5.2 | 141.31 | -3.96 | -3.12 | 0 | 89.43 | -6.89 | 0.00 | -41.01 |
| 2021 (8) | 15.3 | -20.85 | 133.26 | 150.68 | 7.24 | -46.73 | 0 | 0 | 587.95 | 37.16 | 59.06 | 65.81 | 42.44 | 30.06 | 7.22 | -5.17 | 204.95 | 67.62 | 34.2 | 3.17 | 18.18 | -2.15 | 1.86 | 14.11 | 73.02 | -31.04 | 41.28 | 9.35 | 8.22 | 16.43 | 97.63 | 63.56 | 147.14 | 40.8 | -1.58 | 0 | 96.05 | 86.61 | 0.01 | -13.63 |
| 2020 (7) | 19.33 | 97.85 | 53.16 | -44.23 | 13.59 | 526.27 | 0 | 0 | 428.66 | -4.45 | 35.62 | 127.46 | 32.63 | 2.06 | 7.61 | 6.82 | 122.27 | -11.53 | 33.15 | -1.04 | 18.58 | -71.03 | 1.63 | -7.91 | 105.88 | 5.45 | 37.75 | 4.31 | 7.06 | 9.12 | 59.69 | 48.96 | 104.5 | 26.31 | -8.22 | 0 | 51.47 | 55.92 | 0.01 | 76.27 |
| 2019 (6) | 9.77 | -11.02 | 95.32 | -18.9 | 2.17 | 3000.0 | 0 | 0 | 448.64 | 12.81 | 15.66 | 76.35 | 31.97 | -4.85 | 7.13 | -15.65 | 138.2 | -10.57 | 33.5 | 0.45 | 64.13 | 7.03 | 1.77 | -5.35 | 100.41 | 0.0 | 36.19 | 2.52 | 6.47 | 334.23 | 40.07 | -5.45 | 82.73 | 4.5 | -7.06 | 0 | 33.01 | -8.08 | 0.00 | -6.68 |
| 2018 (5) | 10.98 | 7.65 | 117.53 | 41.7 | 0.07 | 0 | 0 | 0 | 397.7 | 25.26 | 8.88 | -48.22 | 33.6 | -4.41 | 8.45 | -23.69 | 154.53 | 89.0 | 33.35 | 2.11 | 59.92 | 99.73 | 1.87 | -1.58 | 100.41 | 0.0 | 35.3 | 5.09 | 1.49 | 0.0 | 42.38 | 8.92 | 79.17 | 7.0 | -6.47 | 0 | 35.91 | -12.05 | 0.00 | 33.46 |
| 2017 (4) | 10.2 | -51.15 | 82.94 | 106.68 | 0 | 0 | 0 | 0 | 317.49 | 25.94 | 17.15 | 15.49 | 35.15 | 40.49 | 11.07 | 11.55 | 81.76 | 29.24 | 32.66 | 10.04 | 30.0 | -14.29 | 1.9 | -10.8 | 100.41 | 0.59 | 33.59 | 4.64 | 1.49 | 0.0 | 38.91 | 5.88 | 73.99 | 5.17 | 1.92 | -3.03 | 40.83 | 5.42 | 0.00 | -12.77 |
| 2016 (3) | 20.88 | -47.72 | 40.13 | 82.33 | 1.31 | -94.79 | 0.16 | -69.81 | 252.1 | -18.82 | 14.85 | 17.02 | 25.02 | -36.56 | 9.92 | -21.86 | 63.26 | 23.39 | 29.68 | 1.64 | 35.0 | 42.33 | 2.13 | 0 | 99.82 | 0.0 | 32.1 | 4.12 | 1.49 | 0.0 | 36.75 | 8.47 | 70.35 | 6.27 | 1.98 | 21.47 | 38.73 | 9.07 | 0.00 | 6.14 |
| 2015 (2) | 39.94 | 109.11 | 22.01 | -46.67 | 25.14 | -0.51 | 0.53 | 29.27 | 310.53 | -13.48 | 12.69 | 20.06 | 39.44 | -0.4 | 12.70 | 15.12 | 51.27 | -40.1 | 29.2 | -9.09 | 24.59 | -25.12 | 0 | 0 | 99.82 | 0.0 | 30.83 | 3.56 | 1.49 | -47.72 | 33.88 | -1.08 | 66.2 | -1.02 | 1.63 | 0.0 | 35.51 | -1.03 | 0.00 | -22.63 |
| 2014 (1) | 19.1 | 7.42 | 41.27 | -6.35 | 25.27 | 154.23 | 0.41 | 127.78 | 358.92 | 2.2 | 10.57 | -50.07 | 39.6 | -3.49 | 11.03 | -5.56 | 85.59 | -14.14 | 32.12 | 3.78 | 32.84 | -43.67 | 0 | 0 | 99.82 | 0.0 | 29.77 | 7.63 | 2.85 | 91.28 | 34.25 | -20.37 | 66.88 | -7.32 | 1.63 | 0 | 35.88 | -10.66 | 0.00 | -5.69 |
| 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) | 23.09 | 30.97 | 3.82 | 113.71 | -10.92 | -25.29 | 2.0 | 100.0 | -1.48 | 0 | 0 | 0 | 148.7 | -3.66 | -0.97 | 10.8 | -6.74 | -7.14 | 30.32 | -12.62 | -26.85 | 4.92 | -12.42 | -30.6 | 192.32 | -0.97 | -2.08 | 34.19 | 2.12 | 1.51 | 26.4 | -13.16 | 87.63 | 1.69 | 1.81 | -6.11 | 73.02 | 0.0 | 0.0 | 56.01 | 0.0 | 9.25 | 6.14 | 0.0 | 26.08 | 103.66 | 11.63 | 10.91 | 165.81 | 6.97 | 10.84 | -1.41 | 40.51 | 11.88 | 102.25 | 13.0 | 11.31 | 0.00 | 9.13 | -3.62 |
| 24Q2 (19) | 17.63 | -20.33 | -0.79 | 127.65 | -5.51 | -17.85 | 1.0 | -80.08 | -49.49 | 0 | 0 | 0 | 154.35 | 3.97 | -2.4 | 11.58 | 5.46 | 6.53 | 34.7 | -10.2 | -16.69 | 5.61 | -9.65 | -21.84 | 194.21 | -1.81 | 3.29 | 33.48 | 0.57 | 0.3 | 30.4 | 192.31 | 23.38 | 1.66 | -2.92 | -8.79 | 73.02 | 0.0 | 0.0 | 56.01 | 9.25 | 9.25 | 6.14 | 26.08 | 26.08 | 92.86 | 6.38 | 13.48 | 155.01 | 8.07 | 12.35 | -2.37 | -15.61 | -104.31 | 90.49 | 6.16 | 12.17 | 0.00 | -22.74 | -6.35 |
| 24Q1 (18) | 22.13 | 27.7 | -9.27 | 135.1 | -2.7 | -1.81 | 5.02 | 162.83 | 162.83 | 0 | 0 | 0 | 148.46 | -10.08 | 8.99 | 10.98 | -18.3 | -3.26 | 38.64 | -12.24 | 0.62 | 6.21 | -13.97 | -5.5 | 197.78 | -0.58 | 6.36 | 33.29 | -2.86 | 0.0 | 10.4 | -26.81 | 6.45 | 1.71 | 1.79 | -3.39 | 73.02 | 0.0 | 0.0 | 51.27 | 0.0 | 8.67 | 4.87 | 0.0 | 208.23 | 87.29 | -18.41 | 11.42 | 143.43 | -12.07 | 12.85 | -2.05 | 32.79 | 9.69 | 85.24 | -17.98 | 12.05 | 0.00 | 13.88 | 7.43 |
| 23Q4 (17) | 17.33 | -22.08 | -18.52 | 138.85 | -8.78 | -0.79 | 1.91 | -5.91 | -0.52 | 0 | 0 | 0 | 165.1 | 9.95 | 17.52 | 13.44 | 15.56 | 61.54 | 44.03 | 6.22 | 22.68 | 7.22 | 1.94 | 20.69 | 198.94 | 1.29 | 5.7 | 34.27 | 1.75 | -1.58 | 14.21 | 1.0 | -43.75 | 1.68 | -6.67 | -6.15 | 73.02 | 0.0 | 0.0 | 51.27 | 0.0 | 8.67 | 4.87 | 0.0 | 208.23 | 106.98 | 14.47 | 15.59 | 163.12 | 9.04 | 15.43 | -3.05 | -90.62 | 2.24 | 103.93 | 13.14 | 16.21 | 0.00 | 0.38 | -3.8 |
| 23Q3 (16) | 22.24 | 25.15 | 23.69 | 152.21 | -2.04 | -3.93 | 2.03 | 2.53 | -71.08 | 0 | 0 | 0 | 150.16 | -5.05 | 3.55 | 11.63 | 6.99 | 114.18 | 41.45 | -0.48 | 20.88 | 7.09 | -1.36 | 29.04 | 196.41 | 4.46 | -2.55 | 33.68 | 0.9 | -1.17 | 14.07 | -42.9 | -53.5 | 1.8 | -1.1 | -5.26 | 73.02 | 0.0 | 0.0 | 51.27 | 0.0 | 8.67 | 4.87 | 0.0 | 208.23 | 93.46 | 14.21 | 12.3 | 149.6 | 8.43 | 13.35 | -1.6 | -37.93 | 4.76 | 91.86 | 13.87 | 12.66 | 0.00 | 6.04 | -48.52 |
| 23Q2 (15) | 17.77 | -27.14 | 5.59 | 155.38 | 12.93 | -4.91 | 1.98 | 3.66 | -70.27 | 0 | 0 | 0 | 158.14 | 16.09 | -2.54 | 10.87 | -4.23 | -18.58 | 41.65 | 8.46 | 6.99 | 7.18 | 9.23 | 15.18 | 188.03 | 1.11 | -12.36 | 33.38 | 0.27 | -1.53 | 24.64 | 152.2 | -1.32 | 1.82 | 2.82 | -2.67 | 73.02 | 0.0 | 0.0 | 51.27 | 8.67 | 8.67 | 4.87 | 208.23 | 208.23 | 81.83 | 4.45 | 5.19 | 137.97 | 8.55 | 9.02 | -1.16 | 48.9 | 37.3 | 80.67 | 6.05 | 6.23 | 0.00 | -11.37 | -51.19 |
| 23Q1 (14) | 24.39 | 14.67 | 38.97 | 137.59 | -1.69 | 29.34 | 1.91 | -0.52 | -74.19 | 0 | 0 | 0 | 136.22 | -3.04 | -10.35 | 11.35 | 36.42 | -11.67 | 38.4 | 6.99 | -6.27 | 6.58 | 9.88 | -1.87 | 185.96 | -1.2 | -7.96 | 33.29 | -4.39 | -1.22 | 9.77 | -61.32 | -60.62 | 1.77 | -1.12 | -5.35 | 73.02 | 0.0 | 0.0 | 47.18 | 0.0 | 14.29 | 1.58 | 0.0 | -80.78 | 78.34 | -15.35 | 22.91 | 127.1 | -10.06 | 12.23 | -2.27 | 27.24 | -129.29 | 76.07 | -14.94 | 21.23 | 0.00 | 1.97 | -47.95 |
| 22Q4 (13) | 21.27 | 18.3 | 39.02 | 139.95 | -11.66 | 5.02 | 1.92 | -72.65 | -73.48 | 0 | 0 | 0 | 140.49 | -3.12 | -14.99 | 8.32 | 53.22 | -45.37 | 35.89 | 4.67 | -15.43 | 5.98 | 8.99 | -17.09 | 188.21 | -6.61 | -8.17 | 34.82 | 2.17 | 1.81 | 25.26 | -16.52 | 38.94 | 1.79 | -5.79 | -3.76 | 73.02 | 0.0 | 0.0 | 47.18 | 0.0 | 14.29 | 1.58 | 0.0 | -80.78 | 92.55 | 11.21 | -5.2 | 141.31 | 7.07 | -3.96 | -3.12 | -85.71 | -97.47 | 89.43 | 9.68 | -6.89 | 0.00 | -46.28 | -41.01 |
| 22Q3 (12) | 17.98 | 6.83 | 3.87 | 158.43 | -3.05 | 50.46 | 7.02 | 5.41 | 104.66 | 0 | 0 | 0 | 145.01 | -10.63 | 0.14 | 5.43 | -59.33 | -61.21 | 34.29 | -11.92 | 4.22 | 5.49 | -11.95 | -8.18 | 201.54 | -6.06 | 1.99 | 34.08 | 0.53 | 1.52 | 30.26 | 21.19 | 84.62 | 1.9 | 1.6 | 7.95 | 73.02 | 0.0 | 0.0 | 47.18 | 0.0 | 14.29 | 1.58 | 0.0 | -80.78 | 83.22 | 6.98 | 1.17 | 131.98 | 4.29 | 0.16 | -1.68 | 9.19 | 35.14 | 81.54 | 7.37 | 2.35 | 0.01 | 0.54 | 0.61 |
| 22Q2 (11) | 16.83 | -4.1 | -15.55 | 163.41 | 53.61 | 96.74 | 6.66 | -10.0 | 93.04 | 0 | 0 | 0 | 162.26 | 6.79 | 8.64 | 13.35 | 3.89 | -11.06 | 38.93 | -4.98 | 16.52 | 6.24 | -6.94 | -4.92 | 214.55 | 6.19 | 25.91 | 33.9 | 0.59 | 2.17 | 24.97 | 0.64 | 44.34 | 1.87 | 0.0 | 8.09 | 73.02 | 0.0 | -33.0 | 47.18 | 14.29 | 24.98 | 1.58 | -80.78 | -77.62 | 77.79 | 22.04 | 6.3 | 126.55 | 11.74 | 7.25 | -1.85 | -86.87 | 62.17 | 75.94 | 21.02 | 11.2 | 0.01 | -5.47 | 4.51 |
| 22Q1 (10) | 17.55 | 14.71 | 37.86 | 106.38 | -20.17 | 70.37 | 7.4 | 2.21 | 199.6 | 0 | 0 | 0 | 151.95 | -8.06 | 18.24 | 12.85 | -15.63 | -13.35 | 40.97 | -3.46 | 21.11 | 6.70 | -7.16 | -8.65 | 202.05 | -1.41 | 32.77 | 33.7 | -1.46 | 3.22 | 24.81 | 36.47 | 39.23 | 1.87 | 0.54 | 14.02 | 73.02 | 0.0 | -33.0 | 41.28 | 0.0 | 9.35 | 8.22 | 0.0 | 16.43 | 63.74 | -34.71 | -14.47 | 113.25 | -23.03 | -5.1 | -0.99 | 37.34 | 87.45 | 62.75 | -34.67 | -5.82 | 0.01 | 15.55 | 6.78 |
| 21Q4 (9) | 15.3 | -11.61 | -20.85 | 133.26 | 26.55 | 150.68 | 7.24 | 111.08 | -46.73 | 0 | 0 | 0 | 165.27 | 14.13 | 29.61 | 15.23 | 8.79 | -3.55 | 42.44 | 29.0 | 30.06 | 7.22 | 20.71 | -5.17 | 204.95 | 3.72 | 67.62 | 34.2 | 1.88 | 3.17 | 18.18 | 10.92 | -2.15 | 1.86 | 5.68 | 14.11 | 73.02 | 0.0 | -31.04 | 41.28 | 0.0 | 9.35 | 8.22 | 0.0 | 16.43 | 97.63 | 18.68 | 63.56 | 147.14 | 11.66 | 40.8 | -1.58 | 39.0 | 80.78 | 96.05 | 20.56 | 86.61 | 0.01 | -8.39 | -13.63 |
| 21Q3 (8) | 17.31 | -13.15 | 33.67 | 105.3 | 26.78 | 40.18 | 3.43 | -0.58 | -85.37 | 0 | 0 | 0 | 144.81 | -3.05 | 39.2 | 14.0 | -6.73 | 76.1 | 32.9 | -1.53 | 19.72 | 5.98 | -8.83 | -10.25 | 197.6 | 15.96 | 51.21 | 33.57 | 1.18 | 3.55 | 16.39 | -5.26 | -27.25 | 1.76 | 1.73 | 4.76 | 73.02 | -33.0 | -28.19 | 41.28 | 9.35 | 9.35 | 8.22 | 16.43 | 16.43 | 82.26 | 12.41 | 87.34 | 131.77 | 11.68 | 48.52 | -2.59 | 47.03 | 69.06 | 79.67 | 16.66 | 124.17 | 0.01 | 4.44 | -6.71 |
| 21Q2 (7) | 19.93 | 56.56 | 18.49 | 83.06 | 33.02 | -4.1 | 3.45 | 39.68 | -86.53 | 0 | 0 | 0 | 149.36 | 16.22 | 47.71 | 15.01 | 1.21 | 112.31 | 33.41 | -1.24 | 16.41 | 6.56 | -10.59 | 0 | 170.4 | 11.97 | 25.91 | 33.18 | 1.62 | 3.11 | 17.3 | -2.92 | -48.83 | 1.73 | 5.49 | 0.58 | 108.99 | 0.0 | 8.54 | 37.75 | 0.0 | 0.0 | 7.06 | 0.0 | 0.0 | 73.18 | -1.8 | 101.93 | 117.99 | -1.12 | 45.58 | -4.89 | 38.02 | 40.87 | 68.29 | 2.49 | 144.15 | 0.01 | -3.42 | 24.46 |
| 21Q1 (6) | 12.73 | -34.14 | 25.67 | 62.44 | 17.46 | -41.69 | 2.47 | -81.82 | 12.79 | 0 | 0 | 0 | 128.51 | 0.78 | 33.86 | 14.83 | -6.08 | 207.68 | 33.83 | 3.68 | 6.48 | 7.34 | -3.63 | 0 | 152.18 | 24.46 | 9.03 | 32.65 | -1.51 | -1.0 | 17.82 | -4.09 | -70.44 | 1.64 | 0.61 | -5.75 | 108.99 | 2.94 | 8.54 | 37.75 | 0.0 | 4.31 | 7.06 | 0.0 | 9.12 | 74.52 | 24.85 | 66.04 | 119.33 | 14.19 | 36.31 | -7.89 | 4.01 | 6.96 | 66.63 | 29.45 | 83.05 | 0.01 | -6.53 | 139.69 |
| 20Q4 (5) | 19.33 | 49.27 | 97.85 | 53.16 | -29.23 | -44.23 | 13.59 | -42.02 | 526.27 | 0 | 0 | 0 | 127.51 | 22.57 | 14.57 | 15.79 | 98.62 | 238.84 | 32.63 | 18.74 | 2.06 | 7.61 | 14.25 | 0 | 122.27 | -6.44 | -11.53 | 33.15 | 2.25 | -1.04 | 18.58 | -17.53 | -71.03 | 1.63 | -2.98 | -7.91 | 105.88 | 4.13 | 5.45 | 37.75 | 0.0 | 4.31 | 7.06 | 0.0 | 9.12 | 59.69 | 35.94 | 48.96 | 104.5 | 17.79 | 26.31 | -8.22 | 1.79 | -16.43 | 51.47 | 44.82 | 55.92 | 0.01 | -1.05 | 76.27 |
| 20Q3 (4) | 12.95 | -23.01 | 0.0 | 75.12 | -13.27 | 0.0 | 23.44 | -8.47 | 0.0 | 0 | 0 | 0.0 | 104.03 | 2.88 | 0.0 | 7.95 | 12.45 | 0.0 | 27.48 | -4.25 | 0.0 | 6.66 | 0 | 0.0 | 130.68 | -3.44 | 0.0 | 32.42 | 0.75 | 0.0 | 22.53 | -33.36 | 0.0 | 1.68 | -2.33 | 0.0 | 101.68 | 1.26 | 0.0 | 37.75 | 0.0 | 0.0 | 7.06 | 0.0 | 0.0 | 43.91 | 21.16 | 0.0 | 88.72 | 9.46 | 0.0 | -8.37 | -1.21 | 0.0 | 35.54 | 27.06 | 0.0 | 0.01 | 39.34 | 0.0 |
