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) | 43.82 | 13.88 | 0.57 | -60.42 | 0 | 0 | 0 | 0 | 123.89 | -3.18 | 6.27 | 24.16 | 7.73 | 8.87 | 6.24 | 12.45 | 18.24 | -10.46 | 5.76 | -6.49 | 0 | 0 | 0.15 | 15.38 | 32.12 | 0.0 | 18.47 | 3.53 | 0.15 | -34.78 | 33.29 | 5.41 | 51.91 | 4.55 | -0.07 | 0 | 33.22 | 5.7 | 0.01 | 4.13 |
| 2022 (9) | 38.48 | -0.05 | 1.44 | -10.56 | 0 | 0 | 0 | 0 | 127.96 | -10.87 | 5.05 | -60.05 | 7.1 | -22.15 | 5.55 | -12.66 | 20.37 | -35.88 | 6.16 | -5.81 | 0 | 0 | 0.13 | -18.75 | 32.12 | 0.0 | 17.84 | 7.28 | 0.23 | 27.78 | 31.58 | -9.15 | 49.65 | -3.72 | -0.15 | 0 | 31.43 | -8.98 | 0.01 | -15.0 |
| 2021 (8) | 38.5 | -1.84 | 1.61 | 41.23 | 0 | 0 | 0 | 0 | 143.56 | 53.02 | 12.64 | 411.74 | 9.12 | 1.33 | 6.35 | -33.78 | 31.77 | 129.39 | 6.54 | -0.15 | 0 | 0 | 0.16 | -11.11 | 32.12 | 0.0 | 16.63 | 1.46 | 0.18 | -14.29 | 34.76 | 42.11 | 51.57 | 25.63 | -0.23 | 0 | 34.53 | 42.22 | 0.01 | 19.11 |
| 2020 (7) | 39.22 | 103.74 | 1.14 | -7.32 | 0 | 0 | 0 | 0 | 93.82 | -5.02 | 2.47 | 605.71 | 9.0 | 32.94 | 9.59 | 39.97 | 13.85 | -26.21 | 6.55 | -5.89 | 0 | 0 | 0.18 | -10.0 | 32.12 | 0.0 | 16.39 | 0.61 | 0.21 | 425.0 | 24.46 | 7.28 | 41.05 | 4.91 | -0.18 | 0 | 24.28 | 7.48 | 0.01 | 12.28 |
| 2019 (6) | 19.25 | 5.54 | 1.23 | 108.47 | 0 | 0 | 0 | 0 | 98.78 | -12.44 | 0.35 | -67.29 | 6.77 | -22.98 | 6.85 | -12.03 | 18.77 | 4.68 | 6.96 | -8.06 | 0 | 0 | 0.2 | 233.33 | 32.12 | 0.0 | 16.29 | 0.62 | 0.04 | 0 | 22.8 | -0.04 | 39.13 | 0.33 | -0.21 | 0 | 22.59 | -0.79 | 0.01 | -9.51 |
| 2018 (5) | 18.24 | -17.02 | 0.59 | -59.31 | 0 | 0 | 0 | 0 | 112.82 | -18.06 | 1.07 | -85.62 | 8.79 | 17.36 | 7.79 | 43.23 | 17.93 | -26.27 | 7.57 | -8.24 | 0 | 0 | 0.06 | 500.0 | 32.12 | 0.0 | 16.19 | 4.86 | 0 | 0 | 22.81 | -16.75 | 39.0 | -8.96 | -0.04 | 0 | 22.77 | -17.32 | 0.01 | -16.2 |
| 2017 (4) | 21.98 | -47.21 | 1.45 | -36.96 | 0 | 0 | 0 | 0 | 137.69 | 7.29 | 7.44 | -41.42 | 7.49 | -16.78 | 5.44 | -22.43 | 24.32 | 63.0 | 8.25 | -7.09 | 0 | 0 | 0.01 | 0 | 32.12 | 0.0 | 15.44 | 8.96 | 0 | 0 | 27.4 | -4.33 | 42.84 | 0.07 | 0.14 | -33.33 | 27.54 | -4.54 | 0.01 | 47.45 |
| 2016 (3) | 41.64 | 3.87 | 2.3 | 34.5 | 0 | 0 | 0 | 0 | 128.34 | -0.45 | 12.7 | 0 | 9.0 | 67.6 | 7.01 | 68.36 | 14.92 | 10.68 | 8.88 | 70.11 | 0 | 0 | 0 | 0 | 32.12 | 0.0 | 14.17 | 0.0 | 0 | 0 | 28.64 | 42.84 | 42.81 | 25.1 | 0.21 | -67.69 | 28.85 | 39.37 | 0.00 | 28.52 |
| 2015 (2) | 40.09 | 33.63 | 1.71 | 12.5 | 0 | 0 | 0 | 0 | 128.92 | -20.34 | -0.92 | 0 | 5.37 | -34.27 | 4.17 | -17.49 | 13.48 | -30.73 | 5.22 | -51.4 | 0 | 0 | 0.01 | -75.0 | 32.12 | 0.0 | 14.17 | 3.13 | 0 | 0 | 20.05 | -21.89 | 34.22 | -13.17 | 0.65 | 6.56 | 20.7 | -21.23 | 0.00 | 2.23 |
| 2014 (1) | 30.0 | 29.09 | 1.52 | 10.95 | 0 | 0 | 0 | 0 | 161.83 | 6.64 | 4.35 | -15.04 | 8.17 | -27.18 | 5.05 | -31.72 | 19.46 | 7.1 | 10.74 | -23.88 | 0 | 0 | 0.04 | -76.47 | 32.12 | 0.0 | 13.74 | 3.85 | 0 | 0 | 25.67 | -1.35 | 39.41 | 0.43 | 0.61 | 52.5 | 26.28 | -0.53 | 0.00 | -44.53 |
| 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) | 36.88 | 8.6 | 12.23 | 1.03 | 13.19 | 128.89 | 0 | 0 | 0 | 0 | 0 | 0 | 33.56 | 1.45 | 7.5 | 0.83 | -46.45 | -62.27 | 8.31 | -48.77 | -44.3 | 6.19 | -49.66 | -53.13 | 19.85 | -1.29 | 5.03 | 5.75 | 0.0 | -2.54 | 0 | 0 | 0 | 0.17 | -10.53 | 54.55 | 32.12 | 0.0 | 0.0 | 19.02 | 0.0 | 2.98 | 0.07 | 0.0 | -53.33 | 32.75 | 2.6 | 1.74 | 51.84 | 1.63 | 2.03 | 0.08 | 100.0 | 188.89 | 32.83 | 2.72 | 2.27 | 0.01 | 2.06 | 8.14 |
| 24Q2 (19) | 33.96 | -18.99 | -14.39 | 0.91 | 68.52 | 40.0 | 0 | 0 | 0 | 0 | 0 | 0 | 33.08 | 0.15 | 12.56 | 1.55 | -1.27 | 131.34 | 16.22 | 101.74 | 100.25 | 12.30 | 96.1 | 62.26 | 20.11 | -2.0 | 0.8 | 5.75 | -1.37 | -2.87 | 0 | 0 | 0 | 0.19 | 26.67 | 58.33 | 32.12 | 0.0 | 0.0 | 19.02 | 2.98 | 2.98 | 0.07 | -53.33 | -53.33 | 31.92 | 3.47 | 6.4 | 51.01 | 3.13 | 4.94 | 0.04 | 0 | 119.05 | 31.96 | 3.6 | 7.28 | 0.01 | -0.11 | 10.46 |
| 24Q1 (18) | 41.92 | -4.34 | 8.97 | 0.54 | -5.26 | -54.62 | 0 | 0 | 0 | 0 | 0 | 0 | 33.03 | -4.43 | 15.01 | 1.57 | -13.26 | -1.88 | 8.04 | 4.01 | -1.71 | 6.27 | 0.51 | -12.03 | 20.52 | 12.5 | 1.53 | 5.83 | 1.22 | -4.11 | 0 | 0 | 0 | 0.15 | 0.0 | 15.38 | 32.12 | 0.0 | 0.0 | 18.47 | 0.0 | 3.53 | 0.15 | 0.0 | -34.78 | 30.85 | -7.33 | 3.28 | 49.46 | -4.72 | 3.17 | 0 | 100.0 | 100.0 | 30.85 | -7.13 | 3.73 | 0.01 | 5.61 | 6.32 |
| 23Q4 (17) | 43.82 | 33.35 | 13.88 | 0.57 | 26.67 | -60.42 | 0 | 0 | 0 | 0 | 0 | 0 | 34.56 | 10.7 | 46.32 | 1.81 | -17.73 | 166.18 | 7.73 | -48.19 | 8.87 | 6.24 | -52.77 | 12.46 | 18.24 | -3.49 | -10.46 | 5.76 | -2.37 | -6.49 | 0 | 0 | 0 | 0.15 | 36.36 | 15.38 | 32.12 | 0.0 | 0.0 | 18.47 | 0.0 | 3.53 | 0.15 | 0.0 | -34.78 | 33.29 | 3.42 | 5.41 | 51.91 | 2.16 | 4.55 | -0.07 | 22.22 | 53.33 | 33.22 | 3.49 | 5.7 | 0.01 | 0.43 | 4.13 |
| 23Q3 (16) | 32.86 | -17.17 | 16.2 | 0.45 | -30.77 | -65.91 | 0 | 0 | 0 | 0 | 0 | 0 | 31.22 | 6.23 | 24.18 | 2.2 | 228.36 | 241.94 | 14.92 | 84.2 | 126.06 | 13.21 | 74.28 | 187.04 | 18.9 | -5.26 | -30.74 | 5.9 | -0.34 | -5.3 | 0 | 0 | 0 | 0.11 | -8.33 | -21.43 | 32.12 | 0.0 | 0.0 | 18.47 | 0.0 | 3.53 | 0.15 | 0.0 | -34.78 | 32.19 | 7.3 | 8.46 | 50.81 | 4.53 | 6.41 | -0.09 | 57.14 | -12.5 | 32.1 | 7.75 | 8.45 | 0.01 | 4.26 | 10.94 |
| 23Q2 (15) | 39.67 | 3.12 | 1.93 | 0.65 | -45.38 | -55.17 | 0 | 0 | 0 | 0 | 0 | 0 | 29.39 | 2.33 | -21.12 | 0.67 | -58.13 | -80.35 | 8.1 | -0.98 | -14.1 | 7.58 | 6.31 | 23.98 | 19.95 | -1.29 | -41.53 | 5.92 | -2.63 | -7.79 | 0 | 0 | 0 | 0.12 | -7.69 | -14.29 | 32.12 | 0.0 | 0.0 | 18.47 | 3.53 | 3.53 | 0.15 | -34.78 | -34.78 | 30.0 | 0.44 | -3.97 | 48.61 | 1.4 | -1.42 | -0.21 | -61.54 | -31.25 | 29.79 | 0.17 | -4.15 | 0.01 | -3.86 | 4.28 |
| 23Q1 (14) | 38.47 | -0.03 | 2.64 | 1.19 | -17.36 | -19.05 | 0 | 0 | 0 | 0 | 0 | 0 | 28.72 | 21.59 | -31.54 | 1.6 | 135.29 | -36.51 | 8.18 | 15.21 | -38.73 | 7.13 | 28.5 | -18.06 | 20.21 | -0.79 | -15.79 | 6.08 | -1.3 | -7.18 | 0 | 0 | 0 | 0.13 | 0.0 | -13.33 | 32.12 | 0.0 | 0.0 | 17.84 | 0.0 | 7.28 | 0.23 | 0.0 | 27.78 | 29.87 | -5.41 | 2.68 | 47.94 | -3.44 | 4.44 | -0.13 | 13.33 | -62.5 | 29.74 | -5.38 | 2.52 | 0.01 | 3.44 | -20.23 |
| 22Q4 (13) | 38.48 | 36.07 | -0.05 | 1.44 | 9.09 | -10.56 | 0 | 0 | 0 | 0 | 0 | 0 | 23.62 | -6.05 | -39.54 | 0.68 | 143.87 | -78.48 | 7.1 | 7.58 | -22.15 | 5.55 | 20.56 | -12.66 | 20.37 | -25.36 | -35.88 | 6.16 | -1.12 | -5.81 | 0 | 0 | 0 | 0.13 | -7.14 | -18.75 | 32.12 | 0.0 | 0.0 | 17.84 | 0.0 | 7.28 | 0.23 | 0.0 | 27.78 | 31.58 | 6.4 | -9.15 | 49.65 | 3.98 | -3.72 | -0.15 | -87.5 | 34.78 | 31.43 | 6.18 | -8.98 | 0.01 | 6.99 | -15.0 |
| 22Q3 (12) | 28.28 | -27.34 | 20.14 | 1.32 | -8.97 | -31.25 | 0 | 0 | 0 | 0 | 0 | 0 | 25.14 | -32.53 | -30.11 | -1.55 | -145.45 | -146.69 | 6.6 | -30.01 | -43.93 | 4.60 | -24.73 | -48.6 | 27.29 | -20.02 | -18.61 | 6.23 | -2.96 | -5.46 | 0 | 0 | 0 | 0.14 | 0.0 | -17.65 | 32.12 | 0.0 | 0.0 | 17.84 | 0.0 | 7.28 | 0.23 | 0.0 | 27.78 | 29.68 | -4.99 | -7.63 | 47.75 | -3.16 | -2.43 | -0.08 | 50.0 | 70.37 | 29.6 | -4.76 | -7.09 | 0.01 | -2.0 | -18.16 |
| 22Q2 (11) | 38.92 | 3.84 | 41.68 | 1.45 | -1.36 | -27.5 | 0 | 0 | 0 | 0 | 0 | 0 | 37.26 | -11.18 | 2.22 | 3.41 | 35.32 | 0.59 | 9.43 | -29.36 | -21.61 | 6.11 | -29.73 | -39.9 | 34.12 | 42.17 | 39.61 | 6.42 | -1.98 | -1.83 | 0 | 0 | 0 | 0.14 | -6.67 | -22.22 | 32.12 | 0.0 | 0.0 | 17.84 | 7.28 | 7.28 | 0.23 | 27.78 | 27.78 | 31.24 | 7.39 | 8.43 | 49.31 | 7.43 | 8.11 | -0.16 | -100.0 | 38.46 | 31.08 | 7.14 | 8.86 | 0.01 | -26.46 | -18.15 |
| 22Q1 (10) | 37.48 | -2.65 | 11.81 | 1.47 | -8.7 | 22.5 | 0 | 0 | 0 | 0 | 0 | 0 | 41.95 | 7.37 | 30.77 | 2.52 | -20.25 | -9.03 | 13.35 | 46.38 | 41.87 | 8.70 | 36.97 | -5.82 | 24.0 | -24.46 | 45.19 | 6.55 | 0.15 | 0.92 | 0 | 0 | 0 | 0.15 | -6.25 | -16.67 | 32.12 | 0.0 | 0.0 | 16.63 | 0.0 | 1.46 | 0.18 | 0.0 | -14.29 | 29.09 | -16.31 | 13.54 | 45.9 | -10.99 | 8.74 | -0.08 | 65.22 | 63.64 | 29.01 | -15.99 | 14.21 | 0.01 | 10.23 | 17.79 |
| 21Q4 (9) | 38.5 | 63.55 | -1.84 | 1.61 | -16.15 | 41.23 | 0 | 0 | 0 | 0 | 0 | 0 | 39.07 | 8.62 | 44.92 | 3.16 | -4.82 | 54.15 | 9.12 | -22.51 | 1.33 | 6.35 | -29.05 | -33.78 | 31.77 | -5.25 | 129.39 | 6.54 | -0.76 | -0.15 | 0 | 0 | 0 | 0.16 | -5.88 | -11.11 | 32.12 | 0.0 | 0.0 | 16.63 | 0.0 | 1.46 | 0.18 | 0.0 | -14.29 | 34.76 | 8.19 | 42.11 | 51.57 | 5.37 | 25.63 | -0.23 | 14.81 | -27.78 | 34.53 | 8.38 | 42.22 | 0.01 | 3.01 | 19.11 |
| 21Q3 (8) | 23.54 | -14.31 | -36.79 | 1.92 | -4.0 | 52.38 | 0 | 0 | 0 | 0 | 0 | 0 | 35.97 | -1.32 | 57.9 | 3.32 | -2.06 | 388.24 | 11.77 | -2.16 | 62.79 | 8.95 | -11.98 | 11.17 | 33.53 | 37.19 | 173.94 | 6.59 | 0.76 | 0.76 | 0 | 0 | 0 | 0.17 | -5.56 | -10.53 | 32.12 | 0.0 | 0.0 | 16.63 | 0.0 | 1.46 | 0.18 | 0.0 | -14.29 | 32.13 | 11.52 | 42.93 | 48.94 | 7.3 | 25.23 | -0.27 | -3.85 | -3.85 | 31.86 | 11.59 | 43.38 | 0.01 | -1.98 | 21.94 |
| 21Q2 (7) | 27.47 | -18.05 | -25.17 | 2.0 | 66.67 | 56.25 | 0 | 0 | 0 | 0 | 0 | 0 | 36.45 | 13.62 | 81.89 | 3.39 | 22.38 | 1573.91 | 12.03 | 27.84 | 130.46 | 10.17 | 10.1 | 0 | 24.44 | 47.85 | 112.89 | 6.54 | 0.77 | -0.46 | 0 | 0 | 0 | 0.18 | 0.0 | -10.0 | 32.12 | 0.0 | 0.0 | 16.63 | 1.46 | 1.46 | 0.18 | -14.29 | -14.29 | 28.81 | 12.45 | 32.16 | 45.61 | 8.05 | 18.81 | -0.26 | -18.18 | 18.75 | 28.55 | 12.4 | 32.91 | 0.01 | 5.83 | 34.01 |
| 21Q1 (6) | 33.52 | -14.53 | 20.62 | 1.2 | 5.26 | 7.14 | 0 | 0 | 0 | 0 | 0 | 0 | 32.08 | 18.99 | 33.44 | 2.77 | 35.12 | 13950.0 | 9.41 | 4.56 | 80.96 | 9.24 | -3.7 | 0 | 16.53 | 19.35 | 10.79 | 6.49 | -0.92 | -3.85 | 0 | 0 | 0 | 0.18 | 0.0 | -5.26 | 32.12 | 0.0 | 0.0 | 16.39 | 0.0 | 0.61 | 0.21 | 0.0 | 425.0 | 25.62 | 4.74 | 14.94 | 42.21 | 2.83 | 9.27 | -0.22 | -22.22 | 15.38 | 25.4 | 4.61 | 15.3 | 0.01 | 11.47 | 27.06 |
| 20Q4 (5) | 39.22 | 5.32 | 103.74 | 1.14 | -9.52 | -7.32 | 0 | 0 | 0 | 0 | 0 | 0 | 26.96 | 18.35 | 17.68 | 2.05 | 201.47 | 2150.0 | 9.0 | 24.48 | 32.94 | 9.59 | 19.11 | 0 | 13.85 | 13.15 | -26.21 | 6.55 | 0.15 | -5.89 | 0 | 0 | 0 | 0.18 | -5.26 | -10.0 | 32.12 | 0.0 | 0.0 | 16.39 | 0.0 | 0.61 | 0.21 | 0.0 | 425.0 | 24.46 | 8.81 | 7.28 | 41.05 | 5.04 | 4.91 | -0.18 | 30.77 | 14.29 | 24.28 | 9.27 | 7.48 | 0.01 | 5.45 | 12.28 |
| 20Q3 (4) | 37.24 | 1.44 | 0.0 | 1.26 | -1.56 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 22.78 | 13.67 | 0.0 | 0.68 | 395.65 | 0.0 | 7.23 | 38.51 | 0.0 | 8.05 | 0 | 0.0 | 12.24 | 6.62 | 0.0 | 6.54 | -0.46 | 0.0 | 0 | 0 | 0.0 | 0.19 | -5.0 | 0.0 | 32.12 | 0.0 | 0.0 | 16.39 | 0.0 | 0.0 | 0.21 | 0.0 | 0.0 | 22.48 | 3.12 | 0.0 | 39.08 | 1.8 | 0.0 | -0.26 | 18.75 | 0.0 | 22.22 | 3.45 | 0.0 | 0.01 | 7.72 | 0.0 |
