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) | 94.25 | -16.1 | 179.55 | 31.53 | 12.75 | -85.94 | 0 | 0 | 1012.57 | -11.29 | 53.31 | -55.67 | 75.26 | -7.16 | 7.43 | 4.67 | 566.16 | -21.48 | 17.12 | -0.29 | 228.71 | -21.1 | 57.73 | -5.1 | 243.43 | 20.0 | 42.17 | 39.36 | 0.64 | -98.35 | 140.8 | -6.28 | 183.61 | -16.29 | 17.41 | -36.3 | 158.21 | -10.9 | 0.15 | 6.53 |
| 2022 (9) | 112.34 | 20.38 | 136.51 | 36.61 | 90.66 | 491.39 | 0.12 | 0 | 1141.49 | 17.82 | 120.26 | 24.33 | 81.06 | 11.47 | 7.10 | -5.39 | 721.03 | 44.35 | 17.17 | 85750.0 | 289.88 | 11.4 | 60.83 | 6.11 | 202.86 | 1.0 | 30.26 | 46.96 | 38.84 | 84.25 | 150.24 | 55.4 | 219.34 | 58.54 | 27.33 | 0 | 177.57 | 207.0 | 0.14 | 45.03 |
| 2021 (8) | 93.32 | 27.84 | 99.93 | 7.41 | 15.33 | -76.07 | 0 | 0 | 968.86 | 63.56 | 96.73 | 0 | 72.72 | 20.26 | 7.51 | -26.48 | 499.51 | 1.3 | 0.02 | -98.46 | 260.21 | -9.0 | 57.33 | -3.48 | 200.85 | 21.1 | 20.59 | 0.0 | 21.08 | 41.76 | 96.68 | 1456.84 | 138.35 | 232.01 | -38.84 | 0 | 57.84 | 0 | 0.10 | -56.75 |
| 2020 (7) | 73.0 | -19.91 | 93.04 | -25.34 | 64.05 | 151.28 | 0 | 0 | 592.35 | -23.93 | -5.73 | 0 | 60.47 | 18.9 | 10.21 | 56.31 | 493.11 | -8.57 | 1.3 | -65.43 | 285.96 | -27.36 | 59.4 | -12.56 | 165.85 | 34.42 | 20.59 | 9.7 | 14.87 | 699.46 | 6.21 | -84.4 | 41.67 | -31.06 | -34.96 | 0 | -28.75 | 0 | 0.23 | -17.31 |
| 2019 (6) | 91.15 | -23.0 | 124.61 | 55.68 | 25.49 | 183.54 | 0 | 0 | 778.74 | -6.97 | 18.21 | -69.85 | 50.86 | -27.25 | 6.53 | -21.8 | 539.35 | 12.82 | 3.76 | 45.74 | 393.66 | 12.42 | 67.93 | -9.88 | 123.38 | 0.0 | 18.77 | 47.45 | 1.86 | -68.84 | 39.81 | -34.32 | 60.44 | -23.79 | -13.54 | 0 | 26.27 | -55.29 | 0.28 | -10.22 |
| 2018 (5) | 118.38 | 330.16 | 80.04 | 25.26 | 8.99 | -48.09 | 0 | 0 | 837.11 | 29.94 | 60.39 | 455.06 | 69.91 | 4.27 | 8.35 | -19.76 | 478.07 | 55.44 | 2.58 | 2.38 | 350.18 | 30.13 | 75.38 | 456.31 | 123.38 | 30.42 | 12.73 | 9.36 | 5.97 | 0 | 60.61 | 268.9 | 79.31 | 182.44 | -1.86 | 0 | 58.75 | 461.66 | 0.31 | 34.59 |
| 2017 (4) | 27.52 | -17.92 | 63.9 | -20.4 | 17.32 | 168.11 | 0.74 | 0 | 644.25 | 34.92 | 10.88 | 123.87 | 67.05 | 57.88 | 10.41 | 17.01 | 307.55 | 24.23 | 2.52 | -8.36 | 269.1 | 48.04 | 13.55 | 133.62 | 94.6 | 13.83 | 11.64 | 4.3 | 0 | 0 | 16.43 | 43.12 | 28.08 | 15.18 | -5.97 | 0 | 10.46 | -36.45 | 0.23 | -4.47 |
| 2016 (3) | 33.53 | 30.21 | 80.28 | 5.94 | 6.46 | -81.45 | 0 | 0 | 477.49 | -5.78 | 4.86 | 0 | 42.47 | 21.17 | 8.89 | 28.61 | 247.56 | -11.41 | 2.75 | -2.48 | 181.77 | 6.19 | 5.8 | -8.52 | 83.11 | 2.83 | 11.16 | 0.0 | 1.74 | 0.0 | 11.48 | 14.34 | 24.38 | 6.28 | 4.98 | -38.06 | 16.46 | -8.96 | 0.24 | -9.33 |
| 2015 (2) | 25.75 | 29.98 | 75.78 | -10.49 | 34.83 | 134.23 | 0 | 0 | 506.79 | -0.26 | -2.88 | 0 | 35.05 | -12.2 | 6.92 | -11.97 | 279.43 | 0.36 | 2.82 | 2.92 | 171.17 | 14.01 | 6.34 | 13.62 | 80.82 | 4.0 | 11.16 | 27.11 | 1.74 | 0.0 | 10.04 | -57.67 | 22.94 | -33.02 | 8.04 | 71.43 | 18.08 | -36.36 | 0.27 | 5.98 |
| 2014 (1) | 19.81 | 8.37 | 84.66 | 23.84 | 14.87 | 162.72 | 0 | 0 | 508.12 | 31.61 | 18.85 | 749.1 | 39.92 | 25.73 | 7.86 | -4.46 | 278.42 | 24.11 | 2.74 | -6.8 | 150.13 | 4.98 | 5.58 | 6.08 | 77.71 | 0.0 | 8.78 | 0.0 | 1.74 | -81.31 | 23.72 | 0 | 34.25 | 114.6 | 4.69 | 0 | 28.41 | 0 | 0.25 | -12.69 |
| 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) | 90.75 | -3.76 | -21.69 | 166.71 | 18.63 | 1.09 | 9.42 | -6.08 | -76.39 | 0 | 0 | 0 | 217.4 | -9.92 | -10.2 | 2.9 | -68.38 | -77.06 | 88.87 | -8.67 | -12.11 | 9.79 | -6.19 | 0.12 | 522.52 | -3.41 | -16.25 | 15.11 | 3.49 | -11.9 | 218.86 | -3.56 | -20.81 | 56.65 | -4.02 | -7.81 | 243.43 | 0.0 | 0.0 | 47.53 | 0.0 | 12.71 | 0 | 0 | -100.0 | 129.82 | 2.28 | -4.66 | 177.34 | 1.66 | -0.91 | 33.44 | -31.88 | -36.87 | 163.26 | -7.24 | -13.68 | 0.16 | 3.24 | 4.03 |
| 24Q2 (19) | 94.3 | -5.0 | -14.14 | 140.53 | -5.73 | 12.71 | 10.03 | -54.18 | -77.04 | 0 | 0 | 0 | 241.35 | 3.92 | -8.47 | 9.17 | -15.33 | -43.81 | 97.31 | 5.71 | -3.39 | 10.43 | 8.25 | 10.8 | 540.97 | -2.7 | -17.59 | 14.6 | -5.01 | -17.84 | 226.94 | -1.59 | -25.26 | 59.02 | -0.17 | -2.19 | 243.43 | 0.0 | 0.0 | 47.53 | 12.71 | 12.71 | 0 | -100.0 | -100.0 | 126.92 | -17.0 | 2.76 | 174.45 | -10.87 | 4.88 | 49.09 | 17.98 | 52.6 | 176.01 | -9.52 | 13.06 | 0.15 | -1.23 | 3.38 |
| 24Q1 (18) | 99.26 | 5.32 | -21.93 | 149.07 | -16.98 | 13.89 | 21.89 | 71.69 | -62.75 | 0 | 0 | 0 | 232.25 | 6.97 | -19.82 | 10.83 | 138.55 | -45.3 | 92.05 | 22.31 | -12.95 | 9.64 | 29.66 | 2.88 | 556.01 | -1.79 | -17.28 | 15.37 | -10.22 | -17.28 | 230.61 | 0.83 | -29.36 | 59.12 | 2.41 | -1.45 | 243.43 | 0.0 | 20.0 | 42.17 | 0.0 | 39.36 | 0.64 | 0.0 | -98.35 | 152.91 | 8.6 | -10.14 | 195.72 | 6.6 | -18.2 | 41.61 | 139.0 | 140.52 | 194.52 | 22.95 | 3.76 | 0.15 | -0.1 | 3.24 |
| 23Q4 (17) | 94.25 | -18.67 | -16.1 | 179.55 | 8.88 | 31.53 | 12.75 | -68.04 | -85.94 | 0 | 0 | -100.0 | 217.11 | -10.32 | -9.16 | 4.54 | -64.08 | -6.39 | 75.26 | -25.57 | -7.16 | 7.43 | -23.96 | 4.67 | 566.16 | -9.25 | -21.48 | 17.12 | -0.17 | -0.29 | 228.71 | -17.25 | -21.1 | 57.73 | -6.05 | -5.1 | 243.43 | 0.0 | 20.0 | 42.17 | 0.0 | 39.36 | 0.64 | 0.0 | -98.35 | 140.8 | 3.41 | -6.28 | 183.61 | 2.59 | -16.29 | 17.41 | -67.13 | -36.3 | 158.21 | -16.35 | -10.9 | 0.15 | 2.12 | 6.53 |
| 23Q3 (16) | 115.88 | 5.51 | -3.26 | 164.91 | 32.27 | 20.12 | 39.89 | -8.68 | -21.24 | 0 | 0 | -100.0 | 242.1 | -8.19 | -12.72 | 12.64 | -22.55 | -27.36 | 101.11 | 0.39 | -8.77 | 9.77 | 3.81 | 1.13 | 623.9 | -4.95 | -12.95 | 17.15 | -3.49 | 112.52 | 276.38 | -8.98 | -12.79 | 61.45 | 1.84 | -4.31 | 243.43 | 0.0 | 20.0 | 42.17 | 0.0 | 39.36 | 0.64 | 0.0 | -98.35 | 136.16 | 10.24 | -5.95 | 178.97 | 7.6 | -16.32 | 52.97 | 64.66 | 27.24 | 189.13 | 21.49 | 1.46 | 0.15 | 2.6 | 7.26 |
| 23Q2 (15) | 109.83 | -13.62 | -16.61 | 124.68 | -4.74 | 2.71 | 43.68 | -25.66 | 46.33 | 0 | 0 | -100.0 | 263.69 | -8.97 | -18.29 | 16.32 | -17.58 | -70.41 | 100.72 | -4.75 | -10.34 | 9.42 | 0.51 | -5.33 | 656.41 | -2.34 | 4.79 | 17.77 | -4.36 | 100.56 | 303.65 | -6.99 | 6.96 | 60.34 | 0.58 | -1.23 | 243.43 | 20.0 | 20.0 | 42.17 | 39.36 | 39.36 | 0.64 | -98.35 | -98.35 | 123.51 | -27.42 | -4.4 | 166.33 | -30.48 | -16.12 | 32.17 | 85.95 | 1748.85 | 155.68 | -16.96 | 18.9 | 0.15 | -1.37 | 8.18 |
| 23Q1 (14) | 127.15 | 13.18 | 33.09 | 130.89 | -4.12 | 18.21 | 58.76 | -35.19 | 221.8 | 0 | -100.0 | 0 | 289.67 | 21.2 | -4.21 | 19.8 | 308.25 | -53.8 | 105.74 | 30.45 | -11.35 | 9.37 | 31.92 | -16.64 | 672.12 | -6.78 | 20.5 | 18.58 | 8.21 | 210.7 | 326.48 | 12.63 | 21.77 | 59.99 | -1.38 | 2.42 | 202.86 | 0.0 | 1.0 | 30.26 | 0.0 | 46.96 | 38.84 | 0.0 | 84.25 | 170.17 | 13.27 | 21.74 | 239.26 | 9.08 | 31.86 | 17.3 | -36.7 | 213.89 | 187.47 | 5.58 | 50.47 | 0.15 | 3.09 | 43.37 |
| 22Q4 (13) | 112.34 | -6.21 | 20.38 | 136.51 | -0.57 | 36.61 | 90.66 | 78.99 | 491.39 | 0.12 | 0.0 | 0 | 239.0 | -13.83 | -2.14 | 4.85 | -72.13 | -83.08 | 81.06 | -26.86 | 11.47 | 7.10 | -26.53 | -5.39 | 721.03 | 0.6 | 44.35 | 17.17 | 112.76 | 85750.0 | 289.88 | -8.53 | 11.4 | 60.83 | -5.28 | 6.11 | 202.86 | 0.0 | 1.0 | 30.26 | 0.0 | 46.96 | 38.84 | 0.0 | 84.25 | 150.24 | 3.77 | 55.4 | 219.34 | 2.55 | 58.54 | 27.33 | -34.35 | 170.37 | 177.57 | -4.74 | 207.0 | 0.14 | 2.82 | 45.03 |
| 22Q3 (12) | 119.78 | -9.06 | -24.45 | 137.29 | 13.1 | 26.51 | 50.65 | 69.68 | -72.92 | 0.12 | 0.0 | 0 | 277.37 | -14.05 | 6.6 | 17.4 | -68.45 | -42.71 | 110.83 | -1.34 | 22.52 | 9.66 | -2.82 | -5.03 | 716.71 | 14.42 | 58.97 | 8.07 | -8.92 | 0 | 316.92 | 11.63 | 118.22 | 64.22 | 5.12 | 15.28 | 202.86 | 0.0 | 18.75 | 30.26 | 0.0 | 46.96 | 38.84 | 0.0 | 84.25 | 144.78 | 12.07 | 112.63 | 213.88 | 7.86 | 94.86 | 41.63 | 2292.53 | 208.95 | 186.41 | 42.37 | 523.86 | 0.14 | 3.48 | -32.37 |
| 22Q2 (11) | 131.71 | 37.86 | 16.14 | 121.39 | 9.63 | 37.96 | 29.85 | 63.47 | -84.63 | 0.12 | 0 | 0 | 322.72 | 6.72 | 26.75 | 55.15 | 28.67 | 135.89 | 112.34 | -5.82 | 25.56 | 9.95 | -11.5 | -13.93 | 626.41 | 12.3 | 49.13 | 8.86 | 48.16 | 0 | 283.89 | 5.89 | 130.52 | 61.09 | 4.3 | 8.18 | 202.86 | 1.0 | 22.32 | 30.26 | 46.96 | 46.96 | 38.84 | 84.25 | 161.2 | 129.19 | -7.58 | 194.01 | 198.29 | 9.28 | 149.74 | 1.74 | 111.45 | 104.43 | 130.93 | 5.09 | 2691.68 | 0.14 | 30.71 | -40.23 |
| 22Q1 (10) | 95.54 | 2.38 | 2.82 | 110.73 | 10.81 | 40.04 | 18.26 | 19.11 | -56.94 | 0 | 0 | 0 | 302.4 | 23.82 | 44.12 | 42.86 | 49.55 | 199.3 | 119.28 | 64.03 | 54.23 | 11.24 | 49.72 | -6.99 | 557.78 | 11.67 | 23.59 | 5.98 | 29800.0 | 349.62 | 268.11 | 3.04 | -11.3 | 58.57 | 2.16 | -0.31 | 200.85 | 0.0 | 21.1 | 20.59 | 0.0 | 0.0 | 21.08 | 0.0 | 41.76 | 139.78 | 44.58 | 579.53 | 181.45 | 31.15 | 223.84 | -15.19 | 60.89 | 48.65 | 124.59 | 115.4 | 1482.8 | 0.10 | 4.28 | -53.8 |
| 21Q4 (9) | 93.32 | -41.14 | 27.84 | 99.93 | -7.92 | 7.41 | 15.33 | -91.8 | -76.07 | 0 | 0 | 0 | 244.23 | -6.14 | 48.68 | 28.66 | -5.63 | 525.76 | 72.72 | -19.61 | 20.26 | 7.51 | -26.25 | -26.48 | 499.51 | 10.8 | 1.3 | 0.02 | 0 | -98.46 | 260.21 | 79.17 | -9.0 | 57.33 | 2.91 | -3.48 | 200.85 | 17.57 | 21.1 | 20.59 | 0.0 | 0.0 | 21.08 | 0.0 | 41.76 | 96.68 | 41.99 | 1456.84 | 138.35 | 26.05 | 232.01 | -38.84 | -1.65 | -11.1 | 57.84 | 93.57 | 301.18 | 0.10 | -52.05 | -56.75 |
| 21Q3 (8) | 158.54 | 39.79 | 75.09 | 108.52 | 23.33 | -17.73 | 187.02 | -3.68 | 250.75 | 0 | 0 | 0 | 260.2 | 2.2 | 78.71 | 30.37 | 29.9 | 3296.84 | 90.46 | 1.11 | 67.89 | 10.18 | -11.93 | 10.85 | 450.84 | 7.33 | -12.93 | 0 | 0 | -100.0 | 145.23 | 17.93 | -60.79 | 55.71 | -1.35 | -10.12 | 170.83 | 3.0 | 35.74 | 20.59 | 0.0 | 0.0 | 21.08 | 41.76 | 41.76 | 68.09 | 54.96 | 5178.29 | 109.76 | 38.24 | 198.67 | -38.21 | 2.65 | -27.49 | 29.88 | 537.1 | 204.18 | 0.21 | -8.55 | -29.39 |
| 21Q2 (7) | 113.41 | 22.05 | 22.8 | 87.99 | 11.28 | -33.34 | 194.16 | 357.82 | 650.52 | 0 | 0 | 0 | 254.61 | 21.35 | 111.36 | 23.38 | 63.27 | 421.6 | 89.47 | 15.68 | 76.92 | 11.55 | -4.36 | 0 | 420.04 | -6.93 | -20.87 | 0 | -100.0 | -100.0 | 123.15 | -59.26 | -68.17 | 56.47 | -3.88 | -12.34 | 165.85 | 0.0 | 31.78 | 20.59 | 0.0 | 0.0 | 14.87 | 0.0 | 0.0 | 43.94 | 113.61 | 2790.79 | 79.4 | 41.71 | 114.71 | -39.25 | -32.69 | -53.5 | 4.69 | 152.05 | 119.5 | 0.23 | 1.04 | -26.36 |
| 21Q1 (6) | 92.92 | 27.29 | 6.5 | 79.07 | -15.02 | -32.39 | 42.41 | -33.79 | 74.45 | 0 | 0 | 0 | 209.82 | 27.73 | 29.51 | 14.32 | 212.66 | 788.46 | 77.34 | 27.9 | 28.73 | 12.08 | 18.35 | 0 | 451.33 | -8.47 | -15.38 | 1.33 | 2.31 | -64.91 | 302.25 | 5.7 | -23.8 | 58.75 | -1.09 | -12.21 | 165.85 | 0.0 | 34.42 | 20.59 | 0.0 | 9.7 | 14.87 | 0.0 | 699.46 | 20.57 | 231.24 | -44.06 | 56.03 | 34.46 | -2.4 | -29.58 | 15.39 | -57.51 | -9.01 | 68.66 | -150.08 | 0.22 | -2.37 | -26.24 |
| 20Q4 (5) | 73.0 | -19.38 | -19.91 | 93.04 | -29.47 | -25.34 | 64.05 | 20.12 | 151.28 | 0 | 0 | 0 | 164.27 | 12.82 | 3.43 | 4.58 | 582.11 | 315.02 | 60.47 | 12.23 | 18.9 | 10.21 | 11.2 | 0 | 493.11 | -4.76 | -8.57 | 1.3 | -65.15 | -65.43 | 285.96 | -22.8 | -27.36 | 59.4 | -4.16 | -12.56 | 165.85 | 31.78 | 34.42 | 20.59 | 0.0 | 9.7 | 14.87 | 0.0 | 699.46 | 6.21 | 381.4 | -84.4 | 41.67 | 13.39 | -31.06 | -34.96 | -16.65 | -158.2 | -28.75 | -0.24 | -209.44 | 0.23 | -21.72 | -24.09 |
| 20Q3 (4) | 90.55 | -1.95 | 0.0 | 131.91 | -0.06 | 0.0 | 53.32 | 106.11 | 0.0 | 0 | 0 | 0.0 | 145.6 | 20.87 | 0.0 | -0.95 | 86.93 | 0.0 | 53.88 | 6.55 | 0.0 | 9.18 | 0 | 0.0 | 517.78 | -2.45 | 0.0 | 3.73 | 0.0 | 0.0 | 370.4 | -4.27 | 0.0 | 61.98 | -3.79 | 0.0 | 125.85 | 0.0 | 0.0 | 20.59 | 0.0 | 0.0 | 14.87 | 0.0 | 0.0 | 1.29 | -15.13 | 0.0 | 36.75 | -0.62 | 0.0 | -29.97 | -17.21 | 0.0 | -28.68 | -19.25 | 0.0 | 0.29 | -4.63 | 0.0 |
