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) | 9.54 | -13.19 | 66.8 | -7.3 | 2.33 | -53.12 | 0 | 0 | 160.75 | -6.3 | 16.55 | 320.05 | 54.12 | 14.23 | 33.67 | 21.91 | 61.57 | 15.21 | 46.19 | 10.53 | 58.48 | 32.79 | 0.42 | 740.0 | 32.11 | 0.0 | 12.75 | 3.66 | 0 | 0 | 47.42 | 43.52 | 60.17 | 32.74 | 11.66 | 73.0 | 59.08 | 48.52 | 0.06 | -15.07 |
| 2022 (9) | 10.99 | 14.0 | 72.06 | 11.6 | 4.97 | 65.12 | 0 | 0 | 171.56 | 21.65 | 3.94 | -85.51 | 47.38 | 7.88 | 27.62 | -11.32 | 53.44 | -18.62 | 41.79 | 2.6 | 44.04 | -8.04 | 0.05 | 0 | 32.11 | 0.0 | 12.3 | 29.2 | 0 | 0 | 33.04 | -25.03 | 45.33 | -15.41 | 6.74 | -51.05 | 39.78 | -31.22 | 0.07 | 14.73 |
| 2021 (8) | 9.64 | 35.97 | 64.57 | 18.65 | 3.01 | -24.56 | 0 | 0 | 141.03 | 43.15 | 27.2 | 228.11 | 43.92 | 28.57 | 31.14 | -10.18 | 65.67 | 70.62 | 40.73 | 164.14 | 47.89 | 7.64 | 0 | 0 | 32.11 | 4.19 | 9.52 | 9.55 | 0 | 0 | 44.07 | 113.31 | 53.59 | 76.11 | 13.77 | 90.46 | 57.84 | 107.39 | 0.06 | 16.21 |
| 2020 (7) | 7.09 | -35.49 | 54.42 | 14.74 | 3.99 | -5.23 | 0 | 0 | 98.52 | 16.21 | 8.29 | 585.12 | 34.16 | 39.03 | 34.67 | 19.64 | 38.49 | 12.05 | 15.42 | -1.22 | 44.49 | 50.51 | 0 | 0 | 30.82 | -0.8 | 8.69 | 1.16 | 1.08 | 145.45 | 20.66 | 32.01 | 30.43 | 23.3 | 7.23 | 0 | 27.89 | 91.42 | 0.05 | -31.4 |
| 2019 (6) | 10.99 | -29.51 | 47.43 | -31.87 | 4.21 | -47.11 | 0 | 0 | 84.78 | -2.48 | 1.21 | -87.64 | 24.57 | -4.99 | 28.98 | -2.57 | 34.35 | -15.33 | 15.61 | -0.95 | 29.56 | 458.79 | 0 | 0 | 31.07 | 0.0 | 8.59 | 12.88 | 0.44 | 0 | 15.65 | -24.32 | 24.68 | -12.76 | -1.08 | 0 | 14.57 | -28.01 | 0.08 | 6.63 |
| 2018 (5) | 15.59 | 92.47 | 69.62 | 100.06 | 7.96 | -21.81 | 0 | 0 | 86.94 | 4.09 | 9.79 | -8.16 | 25.86 | 13.62 | 29.74 | 9.15 | 40.57 | 47.58 | 15.76 | 96.51 | 5.29 | -63.94 | 0 | 0 | 31.07 | 1.47 | 7.61 | 16.36 | 0 | 0 | 20.68 | 26.17 | 28.29 | 22.36 | -0.44 | 0 | 20.24 | 21.34 | 0.07 | 127.09 |
| 2017 (4) | 8.1 | 21.26 | 34.8 | 2.5 | 10.18 | 219.12 | 0 | 0 | 83.52 | 30.26 | 10.66 | 42.51 | 22.76 | -0.91 | 27.25 | -23.93 | 27.49 | 21.48 | 8.02 | 157.88 | 14.67 | -8.83 | 0 | 0 | 30.62 | 2.34 | 6.54 | 12.76 | 0.19 | -91.77 | 16.39 | 120.0 | 23.12 | 48.68 | 0.29 | 0 | 16.68 | 129.75 | 0.03 | 536.0 |
| 2016 (3) | 6.68 | -33.07 | 33.95 | -6.11 | 3.19 | -29.27 | 0 | 0 | 64.12 | -0.59 | 7.48 | 0 | 22.97 | 7.44 | 35.82 | 8.07 | 22.63 | 14.06 | 3.11 | 677.5 | 16.09 | 7.55 | 0 | 0 | 29.92 | 8.56 | 5.8 | 0.0 | 2.31 | 0 | 7.45 | 222.51 | 15.55 | 91.74 | -0.19 | 0 | 7.26 | 0 | 0.01 | -30.31 |
| 2015 (2) | 9.98 | 150.13 | 36.16 | -22.17 | 4.51 | 22450.0 | 0 | 0 | 64.5 | -25.47 | -4.02 | 0 | 21.38 | -20.76 | 33.15 | 6.32 | 19.84 | -43.33 | 0.4 | 150.0 | 14.96 | -28.25 | 0 | 0 | 27.56 | -1.15 | 5.8 | 4.32 | 0 | 0 | 2.31 | -75.37 | 8.11 | -45.72 | -4.82 | 0 | -2.51 | 0 | 0.01 | -16.0 |
| 2014 (1) | 3.99 | -54.03 | 46.46 | 6.66 | 0.02 | -98.26 | 0 | 0 | 86.54 | 0.35 | 2.31 | -30.21 | 26.98 | -4.05 | 31.18 | -4.39 | 35.01 | 30.98 | 0.16 | -88.49 | 20.85 | 43.4 | 0 | 0 | 27.88 | 0.69 | 5.56 | 6.31 | 0 | 0 | 9.38 | -7.95 | 14.94 | -3.11 | 0.97 | -4.9 | 10.35 | -7.67 | 0.01 | -18.6 |
| 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) | 11.47 | 15.51 | -1.71 | 76.28 | 9.58 | -1.9 | 1.2 | -47.6 | -48.5 | 0 | 0 | 0 | 33.63 | -8.37 | -24.32 | -6.7 | -146.08 | -256.54 | 40.64 | -10.9 | -28.12 | 27.78 | -4.31 | -20.9 | 70.89 | 6.35 | 10.87 | 44.78 | 0.07 | 12.63 | 61.68 | 9.11 | 4.83 | 0.41 | 5.13 | -4.65 | 32.11 | 0.0 | 0.0 | 14.56 | 0.0 | 14.2 | 0 | 0 | 0 | 52.16 | -10.07 | 19.91 | 66.72 | -8.05 | 18.59 | 13.17 | -27.68 | 70.6 | 65.33 | -14.28 | 27.55 | 0.05 | 7.45 | -13.09 |
| 24Q2 (19) | 9.93 | -22.96 | -31.14 | 69.61 | 5.23 | -13.4 | 2.29 | -1.72 | 55.78 | 0 | 0 | 0 | 36.7 | 5.89 | -5.12 | 14.54 | 96.22 | 231.96 | 45.61 | 5.6 | 6.67 | 29.03 | 6.93 | 8.08 | 66.66 | 2.76 | 10.77 | 44.75 | 9.47 | 15.66 | 56.53 | 0.25 | 17.62 | 0.39 | -2.5 | 5.41 | 32.11 | 0.0 | 0.0 | 14.56 | 0.0 | 14.2 | 0 | 0 | 0 | 58.0 | 33.64 | 50.73 | 72.56 | 25.19 | 41.61 | 18.21 | -5.4 | 122.89 | 76.21 | 21.64 | 63.37 | 0.05 | -12.08 | -20.18 |
| 24Q1 (18) | 12.89 | 35.12 | -0.54 | 66.15 | -0.97 | -13.38 | 2.33 | 0.0 | 140.21 | 0 | 0 | 0 | 34.66 | -16.06 | -4.62 | 7.41 | 113.54 | 67.65 | 43.19 | -20.2 | 6.64 | 27.15 | -19.35 | 8.41 | 64.87 | 5.36 | 12.06 | 40.88 | -0.17 | 8.69 | 56.39 | -3.57 | 17.9 | 0.4 | -4.76 | 17.65 | 32.11 | 0.0 | 0.0 | 14.56 | 14.2 | 18.37 | 0 | 0 | 0 | 43.4 | -8.48 | 15.3 | 57.96 | -3.67 | 16.06 | 19.25 | 65.09 | 139.43 | 62.65 | 6.04 | 37.15 | 0.06 | -4.27 | -15.8 |
| 23Q4 (17) | 9.54 | -18.25 | -13.19 | 66.8 | -14.09 | -7.3 | 2.33 | 0.0 | -53.12 | 0 | 0 | 0 | 41.29 | -7.09 | -0.55 | 3.47 | -18.93 | 93.85 | 54.12 | -4.28 | 14.23 | 33.67 | -4.14 | 21.9 | 61.57 | -3.71 | 15.21 | 40.95 | 2.99 | 10.17 | 58.48 | -0.61 | 32.79 | 0.42 | -2.33 | 740.0 | 32.11 | 0.0 | 0.0 | 12.75 | 0.0 | 3.66 | 0 | 0 | 0 | 47.42 | 9.01 | 43.52 | 60.17 | 6.95 | 32.74 | 11.66 | 51.04 | 73.0 | 59.08 | 15.35 | 48.52 | 0.06 | -3.9 | -15.07 |
| 23Q3 (16) | 11.67 | -19.07 | -17.12 | 77.76 | -3.26 | 2.56 | 2.33 | 58.5 | -52.06 | 0 | 0 | 0 | 44.44 | 14.89 | 4.22 | 4.28 | -2.28 | 376.13 | 56.54 | 32.23 | 24.1 | 35.12 | 30.75 | 24.92 | 63.94 | 6.25 | 8.32 | 39.76 | 2.77 | -6.93 | 58.84 | 22.43 | 31.78 | 0.43 | 16.22 | 0 | 32.11 | 0.0 | 0.0 | 12.75 | 0.0 | 3.66 | 0 | 0 | 0 | 43.5 | 13.05 | 40.73 | 56.26 | 9.8 | 30.2 | 7.72 | -5.51 | 149.03 | 51.22 | 9.8 | 50.6 | 0.06 | -1.31 | -15.26 |
| 23Q2 (15) | 14.42 | 11.27 | -7.92 | 80.38 | 5.25 | 14.62 | 1.47 | 51.55 | -68.72 | 0 | 0 | 0 | 38.68 | 6.44 | -6.12 | 4.38 | -0.9 | 219.71 | 42.76 | 5.58 | -8.83 | 26.86 | 7.25 | -9.86 | 60.18 | 3.96 | -9.99 | 38.69 | 2.87 | -10.44 | 48.06 | 0.48 | 6.05 | 0.37 | 8.82 | 0 | 32.11 | 0.0 | 0.0 | 12.75 | 3.66 | 3.66 | 0 | 0 | 0 | 38.48 | 2.23 | 18.51 | 51.24 | 2.6 | 14.45 | 8.17 | 1.62 | -5.98 | 46.65 | 2.12 | 13.34 | 0.06 | -7.26 | -7.29 |
| 23Q1 (14) | 12.96 | 17.93 | 6.49 | 76.37 | 5.98 | 1.99 | 0.97 | -80.48 | -79.96 | 0 | 0 | 0 | 36.34 | -12.48 | -21.32 | 4.42 | 146.93 | 88.89 | 40.5 | -14.52 | -22.95 | 25.05 | -9.31 | -26.2 | 57.89 | 8.33 | -7.73 | 37.61 | 1.18 | -9.02 | 47.83 | 8.61 | 10.11 | 0.34 | 580.0 | 0 | 32.11 | 0.0 | 0.0 | 12.3 | 0.0 | 29.2 | 0 | 0 | 0 | 37.64 | 13.92 | -18.9 | 49.94 | 10.17 | -10.71 | 8.04 | 19.29 | -50.06 | 45.68 | 14.83 | -26.92 | 0.07 | -3.44 | 15.52 |
| 22Q4 (13) | 10.99 | -21.95 | 14.0 | 72.06 | -4.96 | 11.6 | 4.97 | 2.26 | 65.12 | 0 | 0 | 0 | 41.52 | -2.63 | 29.67 | 1.79 | 215.48 | -68.92 | 47.38 | 3.99 | 7.88 | 27.62 | -1.76 | -11.31 | 53.44 | -9.47 | -18.62 | 37.17 | -12.99 | -8.74 | 44.04 | -1.37 | -8.04 | 0.05 | 0 | 0 | 32.11 | 0.0 | 0.0 | 12.3 | 0.0 | 29.2 | 0 | 0 | 0 | 33.04 | 6.89 | -25.03 | 45.33 | 4.91 | -15.41 | 6.74 | 117.42 | -51.05 | 39.78 | 16.97 | -31.22 | 0.07 | -4.11 | 14.73 |
| 22Q3 (12) | 14.08 | -10.09 | 18.72 | 75.82 | 8.11 | 23.91 | 4.86 | 3.4 | 119.91 | 0 | 0 | 0 | 42.64 | 3.5 | 12.3 | -1.55 | -213.14 | -126.68 | 45.56 | -2.86 | -1.17 | 28.11 | -5.66 | -17.09 | 59.03 | -11.71 | 22.37 | 42.72 | -1.11 | 101.04 | 44.65 | -1.48 | -7.33 | 0 | 0 | 0 | 32.11 | 0.0 | 0.0 | 12.3 | 0.0 | 29.2 | 0 | 0 | 0 | 30.91 | -4.8 | -19.4 | 43.21 | -3.48 | -9.73 | 3.1 | -64.33 | -78.93 | 34.01 | -17.37 | -35.9 | 0.07 | 7.97 | 66.47 |
| 22Q2 (11) | 15.66 | 28.68 | 41.72 | 70.13 | -6.34 | 27.25 | 4.7 | -2.89 | 77.36 | 0 | 0 | 0 | 41.2 | -10.8 | 6.46 | 1.37 | -41.45 | -85.55 | 46.9 | -10.77 | 2.85 | 29.80 | -12.19 | -17.53 | 66.86 | 6.57 | 62.44 | 43.2 | 4.5 | 131.14 | 45.32 | 4.33 | -0.26 | 0 | 0 | 0 | 32.11 | 0.0 | 0.53 | 12.3 | 29.2 | 41.54 | 0 | 0 | -100.0 | 32.47 | -30.04 | -12.01 | 44.77 | -19.95 | -4.09 | 8.69 | -46.02 | -50.9 | 41.16 | -34.15 | -24.62 | 0.07 | 15.56 | 66.04 |
| 22Q1 (10) | 12.17 | 26.24 | 41.68 | 74.88 | 15.97 | 35.8 | 4.84 | 60.8 | -19.47 | 0 | 0 | 0 | 46.19 | 44.25 | 42.83 | 2.34 | -59.38 | -62.01 | 52.56 | 19.67 | 33.81 | 33.94 | 8.97 | -5.49 | 62.74 | -4.46 | 64.93 | 41.34 | 1.5 | 137.72 | 43.44 | -9.29 | -4.44 | 0 | 0 | 0 | 32.11 | 0.0 | 4.15 | 9.52 | 0.0 | 9.55 | 0 | 0 | -100.0 | 46.41 | 5.31 | 73.11 | 55.93 | 4.37 | 52.9 | 16.1 | 16.92 | 87.65 | 62.51 | 8.07 | 76.63 | 0.06 | -4.1 | 20.99 |
| 21Q4 (9) | 9.64 | -18.72 | 35.97 | 64.57 | 5.52 | 18.65 | 3.01 | 36.2 | -24.56 | 0 | 0 | 0 | 32.02 | -15.67 | 18.86 | 5.76 | -0.86 | 274.03 | 43.92 | -4.73 | 28.57 | 31.14 | -8.16 | -10.18 | 65.67 | 36.13 | 70.62 | 40.73 | 91.67 | 164.14 | 47.89 | -0.6 | 7.64 | 0 | 0 | 0 | 32.11 | 0.0 | 4.19 | 9.52 | 0.0 | 9.55 | 0 | 0 | -100.0 | 44.07 | 14.92 | 113.31 | 53.59 | 11.95 | 76.11 | 13.77 | -6.39 | 90.46 | 57.84 | 9.01 | 107.39 | 0.06 | 39.13 | 16.21 |
| 21Q3 (8) | 11.86 | 7.33 | 38.71 | 61.19 | 11.03 | -6.96 | 2.21 | -16.6 | -48.36 | 0 | 0 | 0 | 37.97 | -1.89 | 34.6 | 5.81 | -38.71 | 0.35 | 46.1 | 1.1 | 39.02 | 33.91 | -6.16 | -2.79 | 48.24 | 17.2 | 19.88 | 21.25 | 13.7 | 37.45 | 48.18 | 6.03 | 39.65 | 0 | 0 | 0 | 32.11 | 0.53 | 4.52 | 9.52 | 9.55 | 9.55 | 0 | -100.0 | -100.0 | 38.35 | 3.93 | 103.34 | 47.87 | 2.55 | 67.14 | 14.71 | -16.89 | 585.48 | 53.06 | -2.82 | 235.19 | 0.04 | 7.69 | -42.15 |
| 21Q2 (7) | 11.05 | 28.64 | 71.05 | 55.11 | -0.05 | 3.53 | 2.65 | -55.91 | -37.65 | 0 | 0 | 0 | 38.7 | 19.67 | 76.71 | 9.48 | 53.9 | 360.19 | 45.6 | 16.09 | 69.01 | 36.14 | 0.63 | 0 | 41.16 | 8.2 | 20.53 | 18.69 | 7.48 | 20.66 | 45.44 | -0.04 | 31.63 | 0 | 0 | 0 | 31.94 | 3.6 | 3.97 | 8.69 | 0.0 | 0.0 | 1.08 | 0.0 | 0.0 | 36.9 | 37.64 | 182.33 | 46.68 | 27.61 | 104.38 | 17.7 | 106.29 | 748.35 | 54.6 | 54.28 | 428.05 | 0.04 | -15.8 | -49.57 |
| 21Q1 (6) | 8.59 | 21.16 | -42.5 | 55.14 | 1.32 | -1.68 | 6.01 | 50.63 | 42.08 | 0 | 0 | 0 | 32.34 | 20.04 | 50.63 | 6.16 | 300.0 | 660.0 | 39.28 | 14.99 | 51.37 | 35.91 | 3.56 | 0 | 38.04 | -1.17 | 8.1 | 17.39 | 12.78 | 11.62 | 45.46 | 2.18 | 53.89 | 0 | 0 | 0 | 30.83 | 0.03 | -0.77 | 8.69 | 0.0 | 1.16 | 1.08 | 0.0 | 145.45 | 26.81 | 29.77 | 84.26 | 36.58 | 20.21 | 55.13 | 8.58 | 18.67 | 323.44 | 35.39 | 26.89 | 230.44 | 0.05 | -7.9 | -40.09 |
| 20Q4 (5) | 7.09 | -17.08 | -35.49 | 54.42 | -17.26 | 14.74 | 3.99 | -6.78 | -5.23 | 0 | 0 | 0 | 26.94 | -4.5 | 14.74 | 1.54 | -73.4 | 408.0 | 34.16 | 3.02 | 39.03 | 34.67 | -0.6 | 0 | 38.49 | -4.35 | 12.05 | 15.42 | -0.26 | -1.22 | 44.49 | 28.96 | 50.51 | 0 | 0 | 0 | 30.82 | 0.33 | -0.8 | 8.69 | 0.0 | 1.16 | 1.08 | 0.0 | 145.45 | 20.66 | 9.54 | 32.01 | 30.43 | 6.25 | 23.3 | 7.23 | 338.61 | 769.44 | 27.89 | 76.18 | 91.42 | 0.05 | -30.74 | -31.4 |
| 20Q3 (4) | 8.55 | 32.35 | 0.0 | 65.77 | 23.56 | 0.0 | 4.28 | 0.71 | 0.0 | 0 | 0 | 0.0 | 28.21 | 28.81 | 0.0 | 5.79 | 181.07 | 0.0 | 33.16 | 22.91 | 0.0 | 34.88 | 0 | 0.0 | 40.24 | 17.83 | 0.0 | 15.46 | -0.19 | 0.0 | 34.5 | -0.06 | 0.0 | 0 | 0 | 0.0 | 30.72 | 0.0 | 0.0 | 8.69 | 0.0 | 0.0 | 1.08 | 0.0 | 0.0 | 18.86 | 44.3 | 0.0 | 28.64 | 25.39 | 0.0 | -3.03 | -10.99 | 0.0 | 15.83 | 53.09 | 0.0 | 0.08 | -6.12 | 0.0 |
