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) | 13.36 | 5.03 | 27.23 | -19.34 | 0.92 | -83.48 | 0 | 0 | 128.57 | -20.87 | 0.51 | -93.12 | 12.16 | -0.08 | 9.46 | 26.27 | 41.27 | -12.34 | 0 | 0 | 33.45 | 82.19 | 0 | 0 | 28.05 | 0.0 | 4.04 | 22.8 | 1.7 | -32.0 | 11.85 | -23.45 | 17.59 | -17.3 | -2.08 | 0 | 9.77 | -29.1 | 0.00 | 0 |
| 2022 (9) | 12.72 | -16.15 | 33.76 | -31.73 | 5.57 | 19.78 | 0 | 0 | 162.48 | 6.62 | 7.41 | -38.51 | 12.17 | -26.06 | 7.49 | -30.65 | 47.08 | -23.4 | 0 | 0 | 18.36 | -23.31 | 0 | 0 | 28.05 | 0.0 | 3.29 | 57.42 | 2.5 | 8.23 | 15.48 | 3.41 | 21.27 | 9.87 | -1.7 | 0 | 13.78 | 10.51 | 0.00 | 0 |
| 2021 (8) | 15.17 | -3.07 | 49.45 | 38.55 | 4.65 | 1.75 | 0 | 0 | 152.39 | 44.3 | 12.05 | 1015.74 | 16.46 | 61.85 | 10.80 | 12.17 | 61.46 | 44.41 | 0 | 0 | 23.94 | -13.29 | 0 | 0 | 28.05 | 0.0 | 2.09 | 5.56 | 2.31 | -6.48 | 14.97 | 251.41 | 19.36 | 122.02 | -2.5 | 0 | 12.47 | 539.49 | 0.00 | 0 |
| 2020 (7) | 15.65 | 17.4 | 35.69 | 17.48 | 4.57 | 62.63 | 0 | 0 | 105.61 | -11.87 | 1.08 | -59.7 | 10.17 | -0.68 | 9.63 | 12.7 | 42.56 | 14.44 | 0 | 0 | 27.61 | 14.71 | 0 | 0 | 28.05 | -2.09 | 1.98 | 15.79 | 2.47 | 70.34 | 4.26 | -28.28 | 8.72 | -4.18 | -2.31 | 0 | 1.95 | -43.8 | 0.00 | 0 |
| 2019 (6) | 13.33 | 23.43 | 30.38 | -24.62 | 2.81 | 376.27 | 0 | 0 | 119.84 | -10.59 | 2.68 | -50.74 | 10.24 | -14.81 | 8.54 | -4.71 | 37.19 | -4.91 | 0 | 0 | 24.07 | 63.3 | 0 | 0 | 28.65 | 0.0 | 1.71 | 46.15 | 1.45 | 31.82 | 5.94 | -15.26 | 9.1 | -1.83 | -2.47 | 0 | 3.47 | -37.59 | 0.00 | 0 |
| 2018 (5) | 10.8 | -4.0 | 40.3 | 0.27 | 0.59 | -87.0 | 0 | 0 | 134.04 | 6.03 | 5.44 | 1.12 | 12.02 | 3.35 | 8.97 | -2.52 | 39.11 | 4.52 | 0 | 0 | 14.74 | -4.53 | 0 | 0 | 28.65 | 0.0 | 1.17 | 85.71 | 1.1 | 80.33 | 7.01 | 30.78 | 9.27 | 40.45 | -1.45 | 0 | 5.56 | 30.52 | 0.00 | 0 |
| 2017 (4) | 11.25 | -15.54 | 40.19 | 0.42 | 4.54 | -8.1 | 0 | 0 | 126.42 | 15.28 | 5.38 | 79.93 | 11.63 | 10.97 | 9.20 | -3.74 | 37.42 | 8.78 | 0 | 0 | 15.44 | -26.69 | 0 | 0 | 28.65 | 0.0 | 0.63 | 14.55 | 0.61 | 0 | 5.36 | 523.26 | 6.6 | 368.09 | -1.1 | 0 | 4.26 | 1604.0 | 0.00 | 0 |
| 2016 (3) | 13.32 | 20.0 | 40.02 | 14.21 | 4.94 | 3.13 | 0 | 0 | 109.66 | -6.4 | 2.99 | 0 | 10.48 | -5.92 | 9.56 | 0.51 | 34.4 | 1.39 | 0 | 0 | 21.06 | -27.25 | 0 | 0 | 28.65 | 0.0 | 0.55 | 0.0 | 0 | 0 | 0.86 | 0 | 1.41 | 0 | -0.61 | 0 | 0.25 | 0 | 0.00 | 0 |
| 2015 (2) | 11.1 | -10.91 | 35.04 | -1.02 | 4.79 | 0.0 | 0 | 0 | 117.16 | -16.07 | -2.87 | 0 | 11.14 | -3.55 | 9.51 | 14.92 | 33.93 | -25.58 | 0 | 0 | 28.95 | -2.33 | 0 | 0 | 28.65 | 4.98 | 0.55 | 243.75 | 0 | 0 | -2.18 | 0 | -1.63 | 0 | 1.16 | -29.7 | -1.02 | 0 | 0.00 | 0 |
| 2014 (1) | 12.46 | -0.32 | 35.4 | -4.12 | 4.79 | 139.5 | 0 | 0 | 139.59 | 7.51 | 3.91 | 928.95 | 11.55 | 15.27 | 8.27 | 7.22 | 45.59 | 12.29 | 0 | 0 | 29.64 | -9.66 | 0 | 0 | 27.29 | 0.0 | 0.16 | -86.78 | 0 | 0 | 3.95 | 0 | 4.11 | 2468.75 | 1.65 | 334.21 | 5.6 | 0 | 0.00 | 0 |
| 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) | 12.59 | 11.42 | 8.72 | 27.17 | -6.47 | 0.11 | 5.58 | 71.69 | 506.52 | 0 | 0 | 0 | 31.22 | -8.39 | -1.36 | 1.01 | -12.93 | 621.43 | 12.44 | -13.79 | -2.58 | 10.03 | -13.49 | 2.99 | 42.68 | -5.45 | -4.3 | 0 | 0 | 0 | 28.29 | -7.73 | -16.47 | 0 | 0 | 0 | 28.05 | 0.0 | 0.0 | 4.1 | 0.0 | 1.49 | 2.08 | 0.0 | 22.35 | 11.87 | 9.3 | -0.5 | 18.04 | 5.93 | 2.09 | -0.8 | -116.22 | 3.61 | 11.07 | 5.53 | -0.27 | 0.00 | 0 | 0 |
| 24Q2 (19) | 11.3 | -4.48 | -6.69 | 29.05 | 10.88 | -9.02 | 3.25 | 0.0 | 253.26 | 0 | 0 | 0 | 34.08 | 18.62 | -1.59 | 1.16 | 462.5 | 213.73 | 14.43 | 28.15 | 21.88 | 11.60 | 28.72 | 37.4 | 45.14 | 1.58 | 8.17 | 0 | 0 | 0 | 30.66 | -1.35 | 39.94 | 0 | 0 | 0 | 28.05 | 0.0 | 0.0 | 4.1 | 1.49 | 1.49 | 2.08 | 22.35 | 22.35 | 10.86 | -5.81 | -7.97 | 17.03 | -1.39 | -2.91 | -0.37 | 52.56 | 82.13 | 10.49 | -2.42 | 7.81 | 0.00 | 0 | 0 |
| 24Q1 (18) | 11.83 | -11.45 | -14.09 | 26.2 | -3.78 | -17.04 | 3.25 | 253.26 | 218.63 | 0 | 0 | 0 | 28.73 | -4.14 | -11.11 | -0.32 | -190.91 | -121.33 | 11.26 | -7.4 | -3.35 | 9.01 | -4.74 | 16.26 | 44.44 | 7.68 | -1.94 | 0 | 0 | 0 | 31.08 | -7.09 | 36.74 | 0 | 0 | 0 | 28.05 | 0.0 | 0.0 | 4.04 | 0.0 | 22.8 | 1.7 | 0.0 | -32.0 | 11.53 | -2.7 | -32.06 | 17.27 | -1.82 | -24.12 | -0.78 | 62.5 | 53.29 | 10.75 | 10.03 | -29.74 | 0.00 | 0 | 0 |
| 23Q4 (17) | 13.36 | 15.37 | 5.03 | 27.23 | 0.33 | -19.34 | 0.92 | 0.0 | -83.48 | 0 | 0 | 0 | 29.97 | -5.31 | -7.78 | -0.11 | -178.57 | -145.83 | 12.16 | -4.78 | -0.08 | 9.46 | -2.9 | 26.27 | 41.27 | -7.47 | -12.34 | 0 | 0 | 0 | 33.45 | -1.24 | 82.19 | 0 | 0 | 0 | 28.05 | 0.0 | 0.0 | 4.04 | 0.0 | 22.8 | 1.7 | 0.0 | -32.0 | 11.85 | -0.67 | -23.45 | 17.59 | -0.45 | -17.3 | -2.08 | -150.6 | -22.35 | 9.77 | -11.98 | -29.1 | 0.00 | 0 | 0 |
| 23Q3 (16) | 11.58 | -4.38 | -27.72 | 27.14 | -15.0 | -28.05 | 0.92 | 0.0 | -82.17 | 0 | 0 | 0 | 31.65 | -8.61 | -22.48 | 0.14 | 113.73 | 180.0 | 12.77 | 7.85 | -17.67 | 9.74 | 15.41 | 10.19 | 44.6 | 6.88 | -1.55 | 0 | 0 | 0 | 33.87 | 54.59 | 60.83 | 0 | 0 | 0 | 28.05 | 0.0 | 0.0 | 4.04 | 0.0 | 22.8 | 1.7 | 0.0 | -32.0 | 11.93 | 1.1 | -21.15 | 17.67 | 0.74 | -15.54 | -0.83 | 59.9 | 22.43 | 11.1 | 14.08 | -21.05 | 0.00 | 0 | 0 |
| 23Q2 (15) | 12.11 | -12.06 | -33.93 | 31.93 | 1.11 | -26.92 | 0.92 | -9.8 | -82.14 | 0 | 0 | 0 | 34.63 | 7.15 | -22.51 | -1.02 | -168.0 | -128.18 | 11.84 | 1.63 | -25.39 | 8.44 | 8.92 | -7.35 | 41.73 | -7.92 | -26.54 | 0 | 0 | 0 | 21.91 | -3.61 | 3.59 | 0 | 0 | 0 | 28.05 | 0.0 | 0.0 | 4.04 | 22.8 | 22.8 | 1.7 | -32.0 | -32.0 | 11.8 | -30.47 | -21.75 | 17.54 | -22.93 | -15.96 | -2.07 | -23.95 | -25.45 | 9.73 | -36.41 | -27.55 | 0.00 | 0 | 0 |
| 23Q1 (14) | 13.77 | 8.25 | -17.54 | 31.58 | -6.46 | -28.71 | 1.02 | -81.69 | -78.48 | 0 | 0 | 0 | 32.32 | -0.55 | -27.31 | 1.5 | 525.0 | -57.02 | 11.65 | -4.27 | -38.26 | 7.75 | 3.46 | -31.4 | 45.32 | -3.74 | -21.32 | 0 | 0 | 0 | 22.73 | 23.8 | -4.7 | 0 | 0 | 0 | 28.05 | 0.0 | 0.0 | 3.29 | 0.0 | 57.42 | 2.5 | 0.0 | 8.23 | 16.97 | 9.63 | -8.07 | 22.76 | 7.01 | -0.39 | -1.67 | 1.76 | -24.63 | 15.3 | 11.03 | -10.63 | 0.00 | 0 | 0 |
| 22Q4 (13) | 12.72 | -20.6 | -16.15 | 33.76 | -10.5 | -31.73 | 5.57 | 7.95 | 19.78 | 0 | 0 | 0 | 32.5 | -20.4 | -28.54 | 0.24 | 380.0 | -94.51 | 12.17 | -21.53 | -26.06 | 7.49 | -15.27 | -30.65 | 47.08 | 3.93 | -23.4 | 0 | 0 | 0 | 18.36 | -12.82 | -23.31 | 0 | 0 | 0 | 28.05 | 0.0 | 0.0 | 3.29 | 0.0 | 57.42 | 2.5 | 0.0 | 8.23 | 15.48 | 2.31 | 3.41 | 21.27 | 1.67 | 9.87 | -1.7 | -58.88 | 32.0 | 13.78 | -1.99 | 10.51 | 0.00 | 0 | 0 |
| 22Q3 (12) | 16.02 | -12.6 | 19.82 | 37.72 | -13.66 | -7.46 | 5.16 | 0.19 | 10.97 | 0 | 0 | 0 | 40.83 | -8.64 | 3.18 | 0.05 | -98.62 | -98.63 | 15.51 | -2.27 | 7.93 | 8.84 | -2.97 | -16.81 | 45.3 | -20.26 | -9.87 | 0 | 0 | 0 | 21.06 | -0.43 | -19.68 | 0 | 0 | 0 | 28.05 | 0.0 | 0.0 | 3.29 | 0.0 | 57.42 | 2.5 | 0.0 | 8.23 | 15.13 | 0.33 | 42.87 | 20.92 | 0.24 | 39.65 | -1.07 | 35.15 | 61.51 | 14.06 | 4.69 | 80.03 | 0.00 | 0 | 0 |
| 22Q2 (11) | 18.33 | 9.76 | 34.58 | 43.69 | -1.38 | 17.19 | 5.15 | 8.65 | 12.69 | 0 | 0 | 0 | 44.69 | 0.52 | 19.01 | 3.62 | 3.72 | 30.22 | 15.87 | -15.9 | 23.31 | 9.11 | -19.35 | -12.72 | 56.81 | -1.37 | 32.83 | 0 | 0 | 0 | 21.15 | -11.32 | -19.61 | 0 | 0 | 0 | 28.05 | 0.0 | 0.0 | 3.29 | 57.42 | 57.42 | 2.5 | 8.23 | 8.23 | 15.08 | -18.31 | 116.98 | 20.87 | -8.67 | 84.04 | -1.65 | -23.13 | 38.2 | 13.43 | -21.55 | 213.79 | 0.00 | 0 | 0 |
| 22Q1 (10) | 16.7 | 10.09 | 12.23 | 44.3 | -10.41 | 25.57 | 4.74 | 1.94 | 3.72 | 0 | 0 | 0 | 44.46 | -2.24 | 49.24 | 3.49 | -20.14 | 179.2 | 18.87 | 14.64 | 77.85 | 11.30 | 4.57 | 19.21 | 57.6 | -6.28 | 33.7 | 0 | 0 | 0 | 23.85 | -0.38 | -16.61 | 0 | 0 | 0 | 28.05 | 0.0 | 0.0 | 2.09 | 0.0 | 5.56 | 2.31 | 0.0 | -6.48 | 18.46 | 23.31 | 235.03 | 22.85 | 18.03 | 129.42 | -1.34 | 46.4 | 44.86 | 17.12 | 37.29 | 455.84 | 0.00 | 0 | 0 |
| 21Q4 (9) | 15.17 | 13.46 | -3.07 | 49.45 | 21.32 | 38.55 | 4.65 | 0.0 | 1.75 | 0 | 0 | 0 | 45.48 | 14.94 | 60.54 | 4.37 | 20.05 | 320.19 | 16.46 | 14.54 | 61.85 | 10.80 | 1.65 | 12.17 | 61.46 | 22.28 | 44.41 | 0 | 0 | 0 | 23.94 | -8.7 | -13.29 | 0 | 0 | 0 | 28.05 | 0.0 | 0.0 | 2.09 | 0.0 | 5.56 | 2.31 | 0.0 | -6.48 | 14.97 | 41.36 | 251.41 | 19.36 | 29.24 | 122.02 | -2.5 | 10.07 | -8.23 | 12.47 | 59.67 | 539.49 | 0.00 | 0 | 0 |
| 21Q3 (8) | 13.37 | -1.84 | 6.7 | 40.76 | 9.33 | 4.86 | 4.65 | 1.75 | -8.64 | 0 | 0 | 0 | 39.57 | 5.38 | 43.21 | 3.64 | 30.94 | 460.0 | 14.37 | 11.66 | 62.56 | 10.63 | 1.8 | 26.99 | 50.26 | 17.51 | 20.61 | 0 | 0 | 0 | 26.22 | -0.34 | 22.58 | 0 | 0 | 0 | 28.05 | 0.0 | 0.0 | 2.09 | 0.0 | 5.56 | 2.31 | 0.0 | -6.48 | 10.59 | 52.37 | 224.85 | 14.98 | 32.1 | 94.29 | -2.78 | -4.12 | -4.91 | 7.81 | 82.48 | 1180.33 | 0.00 | 0 | 0 |
| 21Q2 (7) | 13.62 | -8.47 | 41.14 | 37.28 | 5.67 | 5.79 | 4.57 | 0.0 | -10.22 | 0 | 0 | 0 | 37.55 | 26.05 | 43.16 | 2.78 | 122.4 | 2627.27 | 12.87 | 21.3 | 48.44 | 10.44 | 10.16 | 0 | 42.77 | -0.72 | 7.22 | 0 | 0 | 0 | 26.31 | -8.01 | 22.26 | 0 | 0 | 0 | 28.05 | 0.0 | -2.09 | 2.09 | 5.56 | 5.56 | 2.31 | -6.48 | -6.48 | 6.95 | 26.13 | 166.28 | 11.34 | 13.86 | 60.62 | -2.67 | -9.88 | 14.15 | 4.28 | 38.96 | 956.0 | 0.00 | 0 | 0 |
| 21Q1 (6) | 14.88 | -4.92 | 49.7 | 35.28 | -1.15 | 9.8 | 4.57 | 0.0 | 62.63 | 0 | 0 | 0 | 29.79 | 5.15 | 27.2 | 1.25 | 20.19 | 350.0 | 10.61 | 4.33 | 23.23 | 9.47 | -1.61 | 0 | 43.08 | 1.22 | -1.01 | 0 | 0 | 0 | 28.6 | 3.59 | 19.52 | 0 | 0 | 0 | 28.05 | 0.0 | -2.09 | 1.98 | 0.0 | 15.79 | 2.47 | 0.0 | 70.34 | 5.51 | 29.34 | 1.29 | 9.96 | 14.22 | 15.81 | -2.43 | -5.19 | 7.6 | 3.08 | 57.95 | 9.61 | 0.00 | 0 | 0 |
| 20Q4 (5) | 15.65 | 24.9 | 17.4 | 35.69 | -8.18 | 17.48 | 4.57 | -10.22 | 62.63 | 0 | 0 | 0 | 28.33 | 2.53 | -0.14 | 1.04 | 60.0 | 65.08 | 10.17 | 15.05 | -0.68 | 9.63 | 15.09 | 0 | 42.56 | 2.14 | 14.44 | 0 | 0 | 0 | 27.61 | 29.08 | 14.71 | 0 | 0 | 0 | 28.05 | 0.0 | -2.09 | 1.98 | 0.0 | 15.79 | 2.47 | 0.0 | 70.34 | 4.26 | 30.67 | -28.28 | 8.72 | 13.1 | -4.18 | -2.31 | 12.83 | 6.48 | 1.95 | 219.67 | -43.8 | 0.00 | 0 | 0 |
| 20Q3 (4) | 12.53 | 29.84 | 0.0 | 38.87 | 10.3 | 0.0 | 5.09 | 0.0 | 0.0 | 0 | 0 | 0.0 | 27.63 | 5.34 | 0.0 | 0.65 | 690.91 | 0.0 | 8.84 | 1.96 | 0.0 | 8.37 | 0 | 0.0 | 41.67 | 4.46 | 0.0 | 0 | 0 | 0.0 | 21.39 | -0.6 | 0.0 | 0 | 0 | 0.0 | 28.05 | -2.09 | 0.0 | 1.98 | 0.0 | 0.0 | 2.47 | 0.0 | 0.0 | 3.26 | 24.9 | 0.0 | 7.71 | 9.21 | 0.0 | -2.65 | 14.79 | 0.0 | 0.61 | 222.0 | 0.0 | 0.00 | 0 | 0.0 |
