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) | 75.75 | -12.3 | 116.61 | -14.19 | 61.72 | 46.5 | 0 | 0 | 732.95 | -12.41 | -10.82 | 0 | 46.24 | 34.58 | 6.31 | 53.64 | 104.75 | 5.64 | 146.71 | -9.68 | 351.15 | 1.89 | 2.68 | -14.65 | 194.92 | -1.81 | 34.89 | 2.8 | 8.22 | 4.71 | 18.25 | -49.05 | 61.36 | -20.94 | -7.53 | 0 | 10.72 | -61.16 | 0.03 | -23.33 |
| 2022 (9) | 86.37 | 19.79 | 135.9 | -2.27 | 42.13 | -9.3 | 0 | 0 | 836.76 | -7.08 | 8.1 | -84.43 | 34.36 | 20.35 | 4.11 | 29.51 | 99.16 | -29.45 | 162.43 | 1.2 | 344.64 | 7.61 | 3.14 | -12.53 | 198.51 | 5.0 | 33.94 | 17.77 | 7.85 | 11.03 | 35.82 | -29.96 | 77.61 | -10.82 | -8.22 | 0 | 27.6 | -32.37 | 0.04 | -12.81 |
| 2021 (8) | 72.1 | 93.25 | 139.05 | -6.83 | 46.45 | -12.74 | 0 | 0 | 900.47 | 62.48 | 52.03 | 607.89 | 28.55 | 9.01 | 3.17 | -32.91 | 140.55 | 64.73 | 160.51 | 14.93 | 320.27 | 12.14 | 3.59 | -4.01 | 189.06 | 0.0 | 28.82 | 0.56 | 7.07 | 26.48 | 51.14 | 3018.29 | 87.03 | 142.49 | -10.33 | 0 | 40.81 | 0 | 0.04 | -13.6 |
| 2020 (7) | 37.31 | -25.74 | 149.25 | -4.31 | 53.23 | -16.29 | 0 | 0 | 554.22 | -7.15 | 7.35 | 0 | 26.19 | -21.07 | 4.73 | -14.99 | 85.32 | 10.09 | 139.66 | -8.62 | 285.61 | 1.97 | 3.74 | -13.43 | 189.06 | -1.19 | 28.66 | 0.0 | 5.59 | 0.0 | 1.64 | 0 | 35.89 | 27.68 | -9.55 | 0 | -7.91 | 0 | 0.05 | -16.04 |
| 2019 (6) | 50.24 | -9.03 | 155.98 | -2.52 | 63.59 | 51.98 | 0 | 0 | 596.88 | -19.18 | -14.01 | 0 | 33.18 | -30.98 | 5.56 | -14.59 | 77.5 | -25.1 | 152.84 | -6.05 | 280.1 | -6.3 | 4.32 | -4.42 | 191.33 | 2.0 | 28.66 | 1.09 | 5.59 | -12.24 | -6.14 | 0 | 28.11 | -40.27 | -9.78 | 0 | -15.92 | 0 | 0.06 | -6.81 |
| 2018 (5) | 55.23 | -28.31 | 160.02 | 1.11 | 41.84 | 13.54 | 0 | 0 | 738.56 | 3.79 | 3.09 | -77.4 | 48.07 | 3.13 | 6.51 | -0.63 | 103.47 | 3.54 | 162.69 | -11.59 | 298.94 | 2.09 | 4.52 | 4922.22 | 187.58 | 3.0 | 28.35 | 5.08 | 6.37 | 94.21 | 12.34 | -47.87 | 47.06 | -12.74 | -5.59 | 0 | 6.75 | -60.98 | 0.06 | 3.32 |
| 2017 (4) | 77.04 | -5.27 | 158.26 | 50.51 | 36.85 | -27.97 | 0 | 0 | 711.59 | 34.65 | 13.67 | -45.36 | 46.61 | 21.89 | 6.55 | -9.48 | 99.93 | 21.14 | 184.01 | 2.2 | 292.82 | 9.95 | 0.09 | -10.0 | 182.12 | 6.0 | 26.98 | 10.21 | 3.28 | 0.0 | 23.67 | -21.39 | 53.93 | -6.81 | -6.37 | 0 | 17.3 | -39.17 | 0.06 | -32.34 |
| 2016 (3) | 81.33 | -15.18 | 105.15 | -13.7 | 51.16 | 355.97 | 0 | 0 | 528.47 | 6.15 | 25.02 | 0 | 38.24 | 38.6 | 7.24 | 30.57 | 82.49 | 42.52 | 180.05 | 3.16 | 266.32 | -6.68 | 0.1 | 233.33 | 171.81 | 0.0 | 24.48 | 0.0 | 3.28 | 0.0 | 30.11 | 394.42 | 57.87 | 70.96 | -1.67 | 0 | 28.44 | 126.79 | 0.09 | -16.8 |
| 2015 (2) | 95.88 | 8.13 | 121.84 | 1.59 | 11.22 | -84.99 | 0 | 0 | 497.85 | -17.8 | -9.54 | 0 | 27.59 | -22.02 | 5.54 | -5.13 | 57.88 | -22.64 | 174.53 | 70.97 | 285.38 | 75.76 | 0.03 | -25.0 | 171.81 | 3.0 | 24.48 | 5.34 | 3.28 | 0.0 | 6.09 | -77.01 | 33.85 | -36.14 | 6.45 | 69.29 | 12.54 | -58.61 | 0.11 | 39.29 |
| 2014 (1) | 88.67 | 8.39 | 119.93 | 2.5 | 74.77 | 1.73 | 0 | 0 | 605.67 | 10.4 | 12.39 | 60.49 | 35.38 | -1.89 | 5.84 | -11.13 | 74.82 | 2.39 | 102.08 | 24.4 | 162.37 | 38.98 | 0.04 | 33.33 | 166.8 | 2.0 | 23.24 | 3.43 | 3.28 | -27.91 | 26.49 | 30.88 | 53.01 | 12.17 | 3.81 | 228.45 | 30.3 | 41.59 | 0.08 | -21.87 |
| 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) | 74.53 | -3.65 | -3.53 | 117.92 | 1.96 | 5.05 | 81.89 | -8.48 | 17.42 | 0 | 0 | 0 | 167.38 | -15.79 | -11.49 | -7.64 | -748.89 | -1719.05 | 45.87 | -25.26 | 12.87 | 6.15 | -23.08 | 9.09 | 104.4 | -2.63 | -0.87 | 141.0 | -2.62 | -8.68 | 329.89 | -2.87 | -7.53 | 2.44 | -1.21 | -16.44 | 198.42 | 0.0 | 0.94 | 34.89 | 0.0 | 0.0 | 7.53 | 0.0 | -8.39 | 2.4 | -77.06 | -91.01 | 44.82 | -15.24 | -35.81 | -1.81 | -14.56 | 57.31 | 0.59 | -93.36 | -97.37 | 0.02 | -9.97 | -34.96 |
| 24Q2 (19) | 77.35 | -2.19 | -2.92 | 115.65 | -7.34 | 0.43 | 89.48 | -8.33 | 71.45 | 0 | 0 | 0 | 198.76 | 1.71 | 7.98 | -0.9 | -364.71 | 41.56 | 61.37 | 43.25 | 110.82 | 8.00 | 40.51 | 102.03 | 107.22 | -6.1 | 0.74 | 144.8 | -0.76 | -8.15 | 339.63 | 5.54 | -8.93 | 2.47 | -3.89 | -18.21 | 198.42 | 2.0 | 0.42 | 34.89 | 0.0 | 0.0 | 7.53 | -8.39 | -8.39 | 10.46 | -43.61 | -61.46 | 52.88 | -14.24 | -24.73 | -1.58 | 46.44 | 80.89 | 8.88 | -43.08 | -52.94 | 0.02 | -9.78 | -32.57 |
| 24Q1 (18) | 79.08 | 4.4 | -23.56 | 124.81 | 7.03 | -18.18 | 97.61 | 58.15 | 154.59 | 0 | 0 | 0 | 195.41 | 6.15 | 11.22 | 0.34 | 103.78 | 161.54 | 42.84 | -7.35 | 33.25 | 5.69 | -9.78 | 38.26 | 114.19 | 9.01 | 4.47 | 145.91 | -0.55 | -10.55 | 321.8 | -8.36 | -9.61 | 2.57 | -4.1 | -15.18 | 194.53 | -0.2 | -1.55 | 34.89 | 0.0 | 2.8 | 8.22 | 0.0 | 4.71 | 18.55 | 1.64 | -48.39 | 61.66 | 0.49 | -20.67 | -2.95 | 60.82 | 59.48 | 15.6 | 45.52 | -45.57 | 0.03 | -10.84 | -29.85 |
| 23Q4 (17) | 75.75 | -1.95 | -12.3 | 116.61 | 3.88 | -14.19 | 61.72 | -11.5 | 46.5 | 0 | 0 | 0 | 184.09 | -2.65 | 7.13 | -8.99 | -2040.48 | -144.29 | 46.24 | 13.78 | 34.58 | 6.31 | 11.88 | 53.63 | 104.75 | -0.54 | 5.64 | 146.71 | -4.99 | -9.68 | 351.15 | -1.57 | 1.89 | 2.68 | -8.22 | -14.65 | 194.92 | -0.84 | -1.81 | 34.89 | 0.0 | 2.8 | 8.22 | 0.0 | 4.71 | 18.25 | -31.67 | -49.05 | 61.36 | -12.12 | -20.94 | -7.53 | -77.59 | 8.39 | 10.72 | -52.29 | -61.16 | 0.03 | -10.19 | -23.33 |
| 23Q3 (16) | 77.26 | -3.04 | -12.38 | 112.25 | -2.53 | -23.15 | 69.74 | 33.63 | 94.32 | 0 | 0 | 0 | 189.11 | 2.74 | -7.2 | -0.42 | 72.73 | 88.98 | 40.64 | 39.61 | 19.81 | 5.64 | 42.45 | 50.21 | 105.32 | -1.04 | -12.08 | 154.41 | -2.05 | -6.13 | 356.74 | -4.34 | 2.45 | 2.92 | -3.31 | -13.86 | 196.58 | -0.51 | -0.97 | 34.89 | 0.0 | 2.8 | 8.22 | 0.0 | 4.71 | 26.71 | -1.58 | -29.78 | 69.82 | -0.61 | -12.54 | -4.24 | 48.73 | 24.15 | 22.47 | 19.08 | -30.76 | 0.03 | -6.66 | -20.18 |
| 23Q2 (15) | 79.68 | -22.98 | -0.14 | 115.16 | -24.51 | -30.14 | 52.19 | 36.12 | 12.72 | 0 | 0 | 0 | 184.07 | 4.77 | -19.85 | -1.54 | -1284.62 | -136.49 | 29.11 | -9.46 | 2.07 | 3.96 | -3.84 | 30.95 | 106.43 | -2.63 | -27.12 | 157.64 | -3.35 | -5.66 | 372.92 | 4.74 | 12.38 | 3.02 | -0.33 | -10.65 | 197.59 | 0.0 | -0.46 | 34.89 | 2.8 | 2.8 | 8.22 | 4.71 | 4.71 | 27.14 | -24.49 | -35.15 | 70.25 | -9.62 | -16.01 | -8.27 | -13.6 | 2.93 | 18.87 | -34.16 | -43.38 | 0.03 | -6.14 | -18.35 |
| 23Q1 (14) | 103.46 | 19.79 | 25.39 | 152.54 | 12.24 | 12.24 | 38.34 | -9.0 | -14.3 | 0 | 0 | 0 | 175.69 | 2.25 | -24.1 | 0.13 | 103.53 | -98.86 | 32.15 | -6.43 | 9.76 | 4.12 | 0.25 | 32.83 | 109.3 | 10.23 | -14.91 | 163.11 | 0.42 | -2.67 | 356.03 | 3.3 | 7.75 | 3.03 | -3.5 | -13.18 | 197.59 | -0.46 | 4.51 | 33.94 | 0.0 | 17.77 | 7.85 | 0.0 | 11.03 | 35.94 | 0.34 | -42.45 | 77.73 | 0.15 | -20.96 | -7.28 | 11.44 | -24.23 | 28.66 | 3.84 | -49.36 | 0.04 | -2.55 | -13.81 |
| 22Q4 (13) | 86.37 | -2.05 | 19.79 | 135.9 | -6.96 | -2.27 | 42.13 | 17.39 | -9.3 | 0 | 0 | 0 | 171.83 | -15.68 | -27.98 | -3.68 | 3.41 | -133.03 | 34.36 | 1.3 | 20.35 | 4.11 | 9.38 | 29.51 | 99.16 | -17.22 | -29.45 | 162.43 | -1.25 | 1.2 | 344.64 | -1.03 | 7.61 | 3.14 | -7.37 | -12.53 | 198.51 | 0.0 | 5.0 | 33.94 | 0.0 | 17.77 | 7.85 | 0.0 | 11.03 | 35.82 | -5.84 | -29.96 | 77.61 | -2.78 | -10.82 | -8.22 | -47.05 | 20.43 | 27.6 | -14.95 | -32.37 | 0.04 | -6.5 | -12.81 |
| 22Q3 (12) | 88.18 | 10.52 | 113.2 | 146.07 | -11.39 | -16.35 | 35.89 | -22.48 | -32.01 | 0 | 0 | 0 | 203.78 | -11.27 | -16.37 | -3.81 | -190.28 | -120.99 | 33.92 | 18.93 | -10.52 | 3.75 | 24.18 | -18.33 | 119.79 | -17.97 | -24.29 | 164.49 | -1.56 | 3.71 | 348.22 | 4.94 | 11.64 | 3.39 | 0.3 | -8.87 | 198.51 | 0.0 | 5.0 | 33.94 | 0.0 | 17.77 | 7.85 | 0.0 | 11.03 | 38.04 | -9.1 | -6.76 | 79.83 | -4.56 | 4.09 | -5.59 | 34.39 | 38.77 | 32.45 | -2.64 | 2.46 | 0.04 | -4.52 | -10.57 |
| 22Q2 (11) | 79.79 | -3.3 | 136.41 | 164.84 | 21.29 | 2.97 | 46.3 | 3.49 | 60.71 | 0 | 0 | 0 | 229.67 | -0.78 | -0.7 | 4.22 | -62.85 | -63.9 | 28.52 | -2.63 | -27.5 | 3.02 | -2.46 | -44.77 | 146.03 | 13.69 | 15.51 | 167.1 | -0.29 | 10.87 | 331.83 | 0.43 | 0.49 | 3.38 | -3.15 | -1.46 | 198.51 | 5.0 | 5.0 | 33.94 | 17.77 | 18.42 | 7.85 | 11.03 | 40.43 | 41.85 | -32.99 | 72.51 | 83.64 | -14.95 | 42.93 | -8.52 | -45.39 | -9.09 | 33.33 | -41.1 | 102.61 | 0.04 | -0.93 | -9.74 |
| 22Q1 (10) | 82.51 | 14.44 | 88.64 | 135.91 | -2.26 | -6.83 | 44.74 | -3.68 | -9.27 | 0 | 0 | 0 | 231.48 | -2.98 | 23.85 | 11.36 | 1.97 | 2.9 | 29.29 | 2.59 | 9.09 | 3.10 | -2.25 | -29.06 | 128.45 | -8.61 | 20.36 | 167.58 | 4.4 | 16.74 | 330.42 | 3.17 | 9.61 | 3.49 | -2.79 | -1.13 | 189.06 | 0.0 | 0.0 | 28.82 | 0.0 | 0.56 | 7.07 | 0.0 | 26.48 | 62.45 | 22.12 | 392.12 | 98.34 | 13.0 | 109.5 | -5.86 | 43.27 | 44.14 | 56.59 | 38.67 | 2472.27 | 0.04 | -1.42 | -11.85 |
| 21Q4 (9) | 72.1 | 74.32 | 93.25 | 139.05 | -20.37 | -6.83 | 46.45 | -12.01 | -12.74 | 0 | 0 | 0 | 238.6 | -2.08 | 46.49 | 11.14 | -38.62 | 159.67 | 28.55 | -24.69 | 9.01 | 3.17 | -31.02 | -32.91 | 140.55 | -11.17 | 64.73 | 160.51 | 1.2 | 14.93 | 320.27 | 2.68 | 12.14 | 3.59 | -3.49 | -4.01 | 189.06 | 0.0 | 0.0 | 28.82 | 0.0 | 0.56 | 7.07 | 0.0 | 26.48 | 51.14 | 25.34 | 3018.29 | 87.03 | 13.48 | 142.49 | -10.33 | -13.14 | -8.17 | 40.81 | 28.86 | 615.93 | 0.04 | -4.1 | -13.6 |
| 21Q3 (8) | 41.36 | 22.55 | 19.5 | 174.63 | 9.08 | 22.12 | 52.79 | 83.23 | 0.42 | 0 | 0 | 0 | 243.67 | 5.35 | 76.96 | 18.15 | 55.26 | 58.24 | 37.91 | -3.63 | 40.41 | 4.60 | -16.02 | -9.53 | 158.22 | 25.15 | 100.81 | 158.61 | 5.23 | 13.97 | 311.92 | -5.54 | 5.98 | 3.72 | 8.45 | -3.12 | 189.06 | 0.0 | 0.0 | 28.82 | 0.56 | 0.56 | 7.07 | 26.48 | 26.48 | 40.8 | 68.18 | 1399.36 | 76.69 | 31.05 | 146.51 | -9.13 | -16.9 | 25.59 | 31.67 | 92.52 | 305.52 | 0.04 | -3.64 | -13.77 |
| 21Q2 (7) | 33.75 | -22.84 | -21.22 | 160.09 | 9.74 | 4.39 | 28.81 | -41.57 | -42.44 | 0 | 0 | 0 | 231.3 | 23.76 | 81.97 | 11.69 | 5.89 | 321.4 | 39.34 | 46.52 | 27.6 | 5.47 | 25.28 | 0 | 126.42 | 18.46 | 72.26 | 150.72 | 4.99 | 7.35 | 330.21 | 9.54 | 12.87 | 3.43 | -2.83 | -14.68 | 189.06 | 0.0 | -1.19 | 28.66 | 0.0 | 0.0 | 5.59 | 0.0 | 0.0 | 24.26 | 91.17 | 265.6 | 58.52 | 24.67 | 198.42 | -7.81 | 25.55 | 39.83 | 16.45 | 647.73 | 159.54 | 0.05 | -3.24 | -17.31 |
| 21Q1 (6) | 43.74 | 17.23 | -0.84 | 145.88 | -2.26 | -7.87 | 49.31 | -7.36 | 30.14 | 0 | 0 | 0 | 186.9 | 14.75 | 47.71 | 11.04 | 157.34 | 452.72 | 26.85 | 2.52 | -19.32 | 4.37 | -7.55 | 0 | 106.72 | 25.08 | 27.98 | 143.55 | 2.79 | -3.31 | 301.46 | 5.55 | -2.66 | 3.53 | -5.61 | -6.37 | 189.06 | 0.0 | -1.19 | 28.66 | 0.0 | 0.0 | 5.59 | 0.0 | 0.0 | 12.69 | 673.78 | 236.45 | 46.94 | 30.79 | 88.06 | -10.49 | -9.84 | 10.57 | 2.2 | 127.81 | 110.46 | 0.05 | -3.37 | -14.64 |
| 20Q4 (5) | 37.31 | 7.8 | -25.74 | 149.25 | 4.37 | -4.31 | 53.23 | 1.26 | -16.29 | 0 | 0 | 0 | 162.88 | 18.29 | 16.27 | 4.29 | -62.6 | 203.12 | 26.19 | -3.0 | -21.07 | 4.73 | -6.99 | 0 | 85.32 | 8.29 | 10.09 | 139.66 | 0.35 | -8.62 | 285.61 | -2.96 | 1.97 | 3.74 | -2.6 | -13.43 | 189.06 | 0.0 | -1.19 | 28.66 | 0.0 | 0.0 | 5.59 | 0.0 | 0.0 | 1.64 | 152.23 | 126.71 | 35.89 | 15.36 | 27.68 | -9.55 | 22.17 | 2.35 | -7.91 | 48.67 | 50.31 | 0.05 | -4.3 | -16.04 |
| 20Q3 (4) | 34.61 | -19.21 | 0.0 | 143.0 | -6.76 | 0.0 | 52.57 | 5.03 | 0.0 | 0 | 0 | 0.0 | 137.7 | 8.33 | 0.0 | 11.47 | 317.23 | 0.0 | 27.0 | -12.42 | 0.0 | 5.08 | 0 | 0.0 | 78.79 | 7.36 | 0.0 | 139.17 | -0.88 | 0.0 | 294.31 | 0.6 | 0.0 | 3.84 | -4.48 | 0.0 | 189.06 | -1.19 | 0.0 | 28.66 | 0.0 | 0.0 | 5.59 | 0.0 | 0.0 | -3.14 | 78.57 | 0.0 | 31.11 | 58.64 | 0.0 | -12.27 | 5.47 | 0.0 | -15.41 | 44.23 | 0.0 | 0.05 | -7.59 | 0.0 |
