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) | 75.64 | 1.42 | 14.88 | -19.87 | 6.15 | -22.54 | 0 | 0 | 246.33 | -15.97 | 20.35 | -54.57 | 35.53 | 5.84 | 14.42 | 25.96 | 74.9 | -16.2 | 3.78 | 15.6 | 69.55 | 10.24 | 2.56 | 0.0 | 35.38 | 0.0 | 38.21 | 12.71 | 0 | 0 | 197.67 | -1.5 | 235.88 | 0.55 | 3.92 | 43.07 | 201.59 | -0.9 | 0.00 | -45.77 |
| 2022 (9) | 74.58 | 37.27 | 18.57 | -62.51 | 7.94 | -1.61 | 0 | 0 | 293.15 | 7.52 | 44.79 | 26.81 | 33.57 | -21.38 | 11.45 | -26.88 | 89.38 | 7.39 | 3.27 | 29.25 | 63.09 | 17.31 | 2.56 | 0.0 | 35.38 | 3.81 | 33.9 | 10.35 | 0 | 0 | 200.69 | 13.97 | 234.59 | 13.43 | 2.74 | -59.41 | 203.43 | 11.26 | 0.01 | -0.75 |
| 2021 (8) | 54.33 | 108.64 | 49.53 | -10.63 | 8.07 | -36.61 | 0 | 0 | 272.65 | 28.2 | 35.32 | 83.01 | 42.7 | -32.67 | 15.66 | -47.48 | 83.23 | 34.29 | 2.53 | 15.0 | 53.78 | -21.97 | 2.56 | 0.0 | 34.08 | 2.99 | 30.72 | 6.19 | 0 | 0 | 176.09 | 14.61 | 206.81 | 13.28 | 6.75 | 70.03 | 182.84 | 16.01 | 0.01 | 0 |
| 2020 (7) | 26.04 | 29.62 | 55.42 | -43.23 | 12.73 | -16.19 | 0 | 0 | 212.67 | 5.23 | 19.3 | 3.49 | 63.42 | 31.36 | 29.82 | 24.83 | 61.98 | -17.94 | 2.2 | 14.58 | 68.92 | -12.01 | 2.56 | 0.0 | 33.09 | 6.88 | 28.93 | 6.91 | 0 | 0 | 153.64 | 6.62 | 182.56 | 6.66 | 3.97 | 34.58 | 157.61 | 7.18 | -0.01 | 0 |
| 2019 (6) | 20.09 | -27.92 | 97.62 | 57.58 | 15.19 | -15.61 | 0 | 0 | 202.1 | -31.1 | 18.65 | -65.41 | 48.28 | -20.58 | 23.89 | 15.27 | 75.53 | -15.46 | 1.92 | 6.67 | 78.33 | 30.29 | 2.56 | 0.0 | 30.96 | 2.99 | 27.06 | 24.87 | 0 | 0 | 144.1 | -4.86 | 171.16 | -2.55 | 2.95 | -21.33 | 147.05 | -5.26 | -0.00 | 0 |
| 2018 (5) | 27.87 | 1.24 | 61.95 | 25.13 | 18.0 | 2.62 | 0 | 0 | 293.33 | 38.59 | 53.92 | 96.93 | 60.79 | 37.78 | 20.72 | -0.58 | 89.34 | 65.63 | 1.8 | 11.11 | 60.12 | -15.17 | 2.56 | 43.82 | 30.06 | 7.28 | 21.67 | 14.47 | 2.51 | -5.64 | 151.46 | 34.33 | 175.63 | 30.74 | 3.75 | 0 | 155.21 | 40.79 | 0.01 | -42.91 |
| 2017 (4) | 27.53 | 30.97 | 49.51 | 4.87 | 17.54 | -16.6 | 0 | 0 | 211.65 | 31.31 | 27.38 | 106.33 | 44.12 | -4.17 | 20.85 | -27.02 | 53.94 | 21.0 | 1.62 | 17.39 | 70.87 | 0.51 | 1.78 | -7.29 | 28.02 | 2.0 | 18.93 | 7.56 | 2.66 | 189.13 | 112.75 | 19.19 | 134.34 | 18.76 | -2.51 | 0 | 110.24 | 19.9 | 0.02 | -60.79 |
| 2016 (3) | 21.02 | 30.64 | 47.21 | -22.99 | 21.03 | 39.09 | 0 | 0 | 161.18 | 8.31 | 13.27 | -19.18 | 46.04 | -15.99 | 28.56 | -22.43 | 44.58 | -19.3 | 1.38 | 9.52 | 70.51 | 12.46 | 1.92 | 0.0 | 27.47 | 2.01 | 17.6 | 10.28 | 0.92 | 513.33 | 94.6 | 3.71 | 113.12 | 5.39 | -2.66 | 0 | 91.94 | 1.82 | 0.05 | -20.01 |
| 2015 (2) | 16.09 | -34.59 | 61.3 | 40.6 | 15.12 | 11.18 | 0 | 0 | 148.81 | -1.37 | 16.42 | -31.73 | 54.8 | -3.42 | 36.83 | -2.08 | 55.24 | 35.82 | 1.26 | 20.0 | 62.7 | -0.18 | 1.92 | 1271.43 | 26.93 | 3.02 | 15.96 | 17.7 | 0.15 | 0 | 91.22 | 5.29 | 107.33 | 7.12 | -0.92 | 0 | 90.3 | 4.41 | 0.06 | 8.35 |
| 2014 (1) | 24.6 | 107.42 | 43.6 | -14.86 | 13.6 | 8.54 | 0 | 0 | 150.87 | 21.25 | 24.05 | 18.94 | 56.74 | 16.56 | 37.61 | -3.87 | 40.67 | 2.68 | 1.05 | 6.06 | 62.81 | 11.54 | 0.14 | 0 | 26.14 | 2.99 | 13.56 | 17.61 | 0 | 0 | 86.64 | 22.62 | 100.2 | 19.53 | -0.15 | 0 | 86.49 | 22.37 | 0.05 | 13.81 |
| 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) | 64.2 | -17.87 | -14.71 | 16.12 | -3.12 | -13.61 | 6.06 | -11.92 | -3.19 | 0 | 0 | 0 | 63.26 | 2.31 | -3.54 | 6.64 | 14.09 | 5.23 | 40.2 | 3.69 | 7.34 | 16.91 | 4.7 | 10.48 | 76.72 | 6.47 | -6.73 | 3.89 | 3.73 | 9.89 | 68.3 | 1.38 | -1.9 | 2.56 | 0.0 | 0.0 | 35.38 | 0.0 | 0.0 | 40.29 | 0.0 | 5.44 | 0 | 0 | 0 | 202.04 | 3.18 | 3.9 | 242.33 | 2.64 | 4.15 | 9.69 | 47.26 | 128.0 | 211.73 | 4.61 | 6.55 | 0.00 | -20.37 | 162.45 |
| 24Q2 (19) | 78.17 | 3.13 | -1.61 | 16.64 | 8.62 | 4.98 | 6.88 | 3.61 | 9.73 | 0 | 0 | 0 | 61.83 | 12.3 | -6.08 | 5.82 | 47.34 | -7.03 | 38.77 | 10.14 | 0.73 | 16.15 | 11.98 | 8.39 | 72.06 | -1.64 | -15.95 | 3.75 | -0.53 | 10.29 | 67.37 | -1.1 | -4.33 | 2.56 | 0.0 | 0.0 | 35.38 | 0.0 | 0.0 | 40.29 | 5.44 | 5.44 | 0 | 0 | 0 | 195.82 | 1.96 | 4.36 | 236.1 | 2.54 | 4.54 | 6.58 | 8.76 | 37.95 | 202.4 | 2.17 | 5.19 | 0.00 | -16.94 | 1.22 |
| 24Q1 (18) | 75.8 | 0.21 | -9.07 | 15.32 | 2.96 | -30.77 | 6.64 | 7.97 | -14.98 | 0 | 0 | 0 | 55.06 | -4.38 | -3.98 | 3.95 | 18.62 | -11.24 | 35.2 | -0.93 | -1.21 | 14.42 | -0.0 | 11.25 | 73.26 | -2.19 | -15.99 | 3.77 | -0.26 | 11.87 | 68.12 | -2.06 | -1.66 | 2.56 | 0.0 | 0.0 | 35.38 | 0.0 | 0.0 | 38.21 | 0.0 | 12.71 | 0 | 0 | 0 | 192.05 | -2.84 | 3.43 | 230.26 | -2.38 | 4.86 | 6.05 | 54.34 | 16.35 | 198.1 | -1.73 | 3.78 | 0.00 | 34.81 | -12.32 |
| 23Q4 (17) | 75.64 | 0.49 | 1.42 | 14.88 | -20.26 | -19.87 | 6.15 | -1.76 | -22.54 | 0 | 0 | 0 | 57.58 | -12.2 | 2.97 | 3.33 | -47.23 | -27.45 | 35.53 | -5.13 | 5.84 | 14.42 | -5.77 | 25.95 | 74.9 | -8.95 | -16.2 | 3.78 | 6.78 | 15.6 | 69.55 | -0.1 | 10.24 | 2.56 | 0.0 | 0.0 | 35.38 | 0.0 | 0.0 | 38.21 | 0.0 | 12.71 | 0 | 0 | 0 | 197.67 | 1.65 | -1.5 | 235.88 | 1.38 | 0.55 | 3.92 | -7.76 | 43.07 | 201.59 | 1.45 | -0.9 | 0.00 | 194.34 | -45.77 |
| 23Q3 (16) | 75.27 | -5.26 | -0.04 | 18.66 | 17.73 | -57.03 | 6.26 | -0.16 | -23.38 | 0 | 0 | 0 | 65.58 | -0.38 | -17.21 | 6.31 | 0.8 | -55.78 | 37.45 | -2.7 | -21.67 | 15.31 | 2.72 | -2.62 | 82.26 | -4.05 | -9.04 | 3.54 | 4.12 | 13.83 | 69.62 | -1.14 | 43.07 | 2.56 | 0.0 | 0.0 | 35.38 | 0.0 | 0.0 | 38.21 | 0.0 | 12.71 | 0 | 0 | 0 | 194.46 | 3.63 | -1.67 | 232.67 | 3.02 | 0.43 | 4.25 | -10.9 | 51.79 | 198.71 | 3.27 | -0.93 | 0.00 | -69.29 | -42.15 |
| 23Q2 (15) | 79.45 | -4.69 | 23.01 | 15.85 | -28.38 | -72.41 | 6.27 | -19.72 | -22.21 | 0 | 0 | 0 | 65.83 | 14.81 | -20.06 | 6.26 | 40.67 | -48.94 | 38.49 | 8.03 | -27.7 | 14.90 | 14.94 | -15.96 | 85.73 | -1.69 | -4.86 | 3.4 | 0.89 | 26.39 | 70.42 | 1.66 | 40.76 | 2.56 | 0.0 | 0.0 | 35.38 | 0.0 | 3.81 | 38.21 | 12.71 | 12.71 | 0 | 0 | 0 | 187.64 | 1.06 | 2.26 | 225.85 | 2.86 | 3.89 | 4.77 | -8.27 | 23.58 | 192.41 | 0.8 | 2.7 | 0.00 | -28.05 | 7.42 |
| 23Q1 (14) | 83.36 | 11.77 | 37.4 | 22.13 | 19.17 | -58.43 | 7.81 | -1.64 | -4.29 | 0 | 0 | 0 | 57.34 | 2.54 | -24.21 | 4.45 | -3.05 | -67.45 | 35.63 | 6.14 | -25.8 | 12.96 | 13.21 | -22.14 | 87.2 | -2.44 | 0.93 | 3.37 | 3.06 | 26.69 | 69.27 | 9.8 | 35.19 | 2.56 | 0.0 | 0.0 | 35.38 | 0.0 | 3.81 | 33.9 | 0.0 | 10.35 | 0 | 0 | 0 | 185.68 | -7.48 | 6.45 | 219.58 | -6.4 | 7.04 | 5.2 | 89.78 | -21.33 | 190.88 | -6.17 | 5.44 | 0.01 | -16.62 | -0.22 |
| 22Q4 (13) | 74.58 | -0.96 | 37.27 | 18.57 | -57.24 | -62.51 | 7.94 | -2.82 | -1.61 | 0 | 0 | 0 | 55.92 | -29.4 | -16.47 | 4.59 | -67.83 | -22.47 | 33.57 | -29.78 | -21.38 | 11.45 | -27.14 | -26.88 | 89.38 | -1.17 | 7.39 | 3.27 | 5.14 | 29.25 | 63.09 | 29.65 | 17.31 | 2.56 | 0.0 | 0.0 | 35.38 | 0.0 | 3.81 | 33.9 | 0.0 | 10.35 | 0 | 0 | 0 | 200.69 | 1.48 | 13.97 | 234.59 | 1.26 | 13.43 | 2.74 | -2.14 | -59.41 | 203.43 | 1.43 | 11.26 | 0.01 | 213.97 | -0.75 |
| 22Q3 (12) | 75.3 | 16.58 | 50.0 | 43.43 | -24.4 | -9.97 | 8.17 | 1.36 | -16.03 | 0 | 0 | 0 | 79.21 | -3.81 | 5.19 | 14.27 | 16.39 | 5.16 | 47.81 | -10.2 | -14.21 | 15.72 | -11.35 | -24.64 | 90.44 | 0.37 | 20.09 | 3.11 | 15.61 | 29.58 | 48.66 | -2.74 | -24.98 | 2.56 | 0.0 | 0.0 | 35.38 | 3.81 | 3.81 | 33.9 | 0.0 | 10.35 | 0 | 0 | 0 | 197.77 | 7.78 | 13.9 | 231.67 | 6.56 | 13.36 | 2.8 | -27.46 | -55.48 | 200.57 | 7.05 | 11.47 | 0.00 | -42.97 | 71.4 |
| 22Q2 (11) | 64.59 | 6.46 | 54.04 | 57.45 | 7.93 | 20.01 | 8.06 | -1.23 | -27.52 | 0 | 0 | 0 | 82.35 | 8.84 | 16.83 | 12.26 | -10.31 | 16.54 | 53.24 | 10.87 | -4.91 | 17.73 | 6.49 | -20.63 | 90.11 | 4.29 | 29.9 | 2.69 | 1.13 | 16.96 | 50.03 | -2.36 | -24.43 | 2.56 | 0.0 | 0.0 | 34.08 | 0.0 | 0.0 | 33.9 | 10.35 | 10.35 | 0 | 0 | 0 | 183.5 | 5.2 | 14.64 | 217.4 | 5.98 | 13.95 | 3.86 | -41.6 | -28.12 | 187.36 | 3.49 | 13.25 | 0.00 | -33.17 | 15.98 |
| 22Q1 (10) | 60.67 | 11.67 | 99.11 | 53.23 | 7.47 | -2.4 | 8.16 | 1.12 | -27.08 | 0 | 0 | 0 | 75.66 | 13.01 | 26.29 | 13.67 | 130.91 | 156.95 | 48.02 | 12.46 | -21.55 | 16.65 | 6.32 | -35.68 | 86.4 | 3.81 | 34.85 | 2.66 | 5.14 | 18.75 | 51.24 | -4.72 | -23.09 | 2.56 | 0.0 | 0.0 | 34.08 | 0.0 | 2.99 | 30.72 | 0.0 | 6.19 | 0 | 0 | 0 | 174.43 | -0.94 | 14.5 | 205.14 | -0.81 | 13.17 | 6.61 | -2.07 | -28.0 | 181.04 | -0.98 | 12.09 | 0.01 | -17.06 | 162.18 |
| 21Q4 (9) | 54.33 | 8.23 | 108.64 | 49.53 | 2.67 | -10.63 | 8.07 | -17.06 | -36.61 | 0 | 0 | 0 | 66.95 | -11.09 | 8.84 | 5.92 | -56.37 | 4.23 | 42.7 | -23.38 | -32.67 | 15.66 | -24.91 | -47.48 | 83.23 | 10.52 | 34.29 | 2.53 | 5.42 | 15.0 | 53.78 | -17.08 | -21.97 | 2.56 | 0.0 | 0.0 | 34.08 | 0.0 | 2.99 | 30.72 | 0.0 | 6.19 | 0 | 0 | 0 | 176.09 | 1.41 | 14.61 | 206.81 | 1.2 | 13.28 | 6.75 | 7.31 | 70.03 | 182.84 | 1.62 | 16.01 | 0.01 | 442.22 | 197.17 |
| 21Q3 (8) | 50.2 | 19.72 | 75.28 | 48.24 | 0.77 | -47.41 | 9.73 | -12.5 | -24.04 | 0 | 0 | 0 | 75.3 | 6.82 | 28.21 | 13.57 | 28.99 | 46.54 | 55.73 | -0.46 | -6.74 | 20.86 | -6.64 | -33.24 | 75.31 | 8.56 | 12.77 | 2.4 | 4.35 | 14.83 | 64.86 | -2.02 | -9.6 | 2.56 | 0.0 | 0.0 | 34.08 | 0.0 | 6.87 | 30.72 | 0.0 | 6.19 | 0 | 0 | 0 | 173.64 | 8.48 | 16.26 | 204.36 | 7.11 | 14.63 | 6.29 | 17.13 | 245.6 | 179.93 | 8.76 | 19.02 | 0.00 | -61.41 | 116.91 |
| 21Q2 (7) | 41.93 | 37.61 | 70.72 | 47.87 | -12.23 | -51.55 | 11.12 | -0.63 | -12.37 | 0 | 0 | 0 | 70.49 | 17.66 | 25.23 | 10.52 | 97.74 | 85.54 | 55.99 | -8.53 | 3.19 | 22.34 | -13.71 | 0 | 69.37 | 8.27 | -0.74 | 2.3 | 2.68 | 14.43 | 66.2 | -0.63 | -13.04 | 2.56 | 0.0 | 0.0 | 34.08 | 2.99 | 6.87 | 30.72 | 6.19 | 6.19 | 0 | 0 | 0 | 160.07 | 5.07 | 14.26 | 190.79 | 5.25 | 12.88 | 5.37 | -41.5 | 163.24 | 165.44 | 2.43 | 16.4 | 0.00 | 135.83 | 159.42 |
| 21Q1 (6) | 30.47 | 17.01 | 56.42 | 54.54 | -1.59 | -46.88 | 11.19 | -12.1 | -12.71 | 0 | 0 | 0 | 59.91 | -2.6 | 65.77 | 5.32 | -6.34 | 506.11 | 61.21 | -3.48 | 34.88 | 25.89 | -13.19 | 0 | 64.07 | 3.37 | -14.8 | 2.24 | 1.82 | 13.71 | 66.62 | -3.34 | -13.94 | 2.56 | 0.0 | 0.0 | 33.09 | 0.0 | 6.88 | 28.93 | 0.0 | 6.91 | 0 | 0 | 0 | 152.34 | -0.85 | 6.69 | 181.27 | -0.71 | 6.72 | 9.18 | 131.23 | 3061.29 | 161.52 | 2.48 | 13.36 | -0.01 | -29.6 | -48.65 |
| 20Q4 (5) | 26.04 | -9.08 | 29.62 | 55.42 | -39.58 | -43.23 | 12.73 | -0.62 | -16.19 | 0 | 0 | 0 | 61.51 | 4.73 | 53.24 | 5.68 | -38.66 | 1394.74 | 63.42 | 6.12 | 31.36 | 29.82 | -4.54 | 0 | 61.98 | -7.19 | -17.94 | 2.2 | 5.26 | 14.58 | 68.92 | -3.94 | -12.01 | 2.56 | 0.0 | 0.0 | 33.09 | 3.76 | 6.88 | 28.93 | 0.0 | 6.91 | 0 | 0 | 0 | 153.64 | 2.87 | 6.62 | 182.56 | 2.4 | 6.66 | 3.97 | 118.13 | 34.58 | 157.61 | 4.25 | 7.18 | -0.01 | 5.62 | -67.87 |
| 20Q3 (4) | 28.64 | 16.61 | 0.0 | 91.73 | -7.17 | 0.0 | 12.81 | 0.95 | 0.0 | 0 | 0 | 0.0 | 58.73 | 4.33 | 0.0 | 9.26 | 63.32 | 0.0 | 59.76 | 10.14 | 0.0 | 31.24 | 0 | 0.0 | 66.78 | -4.45 | 0.0 | 2.09 | 3.98 | 0.0 | 71.75 | -5.75 | 0.0 | 2.56 | 0.0 | 0.0 | 31.89 | 0.0 | 0.0 | 28.93 | 0.0 | 0.0 | 0 | 0 | 0.0 | 149.36 | 6.62 | 0.0 | 178.28 | 5.48 | 0.0 | 1.82 | -10.78 | 0.0 | 151.18 | 6.37 | 0.0 | -0.01 | -35.57 | 0.0 |
