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) | 54.49 | -13.96 | 45.8 | -24.66 | 14.94 | 39.11 | 0 | 0 | 314.27 | -7.13 | 6.8 | -61.86 | 42.77 | 7.3 | 13.61 | 15.54 | 66.53 | -11.2 | 40.99 | 9.04 | 31.83 | 49.44 | 7.39 | -14.86 | 82.57 | 0.0 | 46.47 | 4.1 | 0 | 0 | 41.36 | -8.98 | 87.83 | -2.5 | 22.02 | 81.98 | 63.38 | 10.15 | 0.07 | -37.63 |
| 2022 (9) | 63.33 | 41.84 | 60.79 | 51.75 | 10.74 | 31.3 | 0 | 0 | 338.41 | 4.02 | 17.83 | -54.64 | 39.86 | -14.63 | 11.78 | -17.93 | 74.92 | 33.07 | 37.59 | 4.91 | 21.3 | -6.82 | 8.68 | -2.8 | 82.57 | 0.0 | 44.64 | 9.57 | 0 | 0 | 45.44 | -10.57 | 90.08 | -1.61 | 12.1 | 114.54 | 57.54 | 1.93 | 0.11 | 2.02 |
| 2021 (8) | 44.65 | 36.21 | 40.06 | 5.73 | 8.18 | -70.62 | 0 | 0 | 325.33 | 35.42 | 39.31 | 0 | 46.69 | 38.38 | 14.35 | 2.19 | 56.3 | 17.98 | 35.83 | 24.8 | 22.86 | 12.67 | 8.93 | -11.76 | 82.57 | 0.0 | 40.74 | 0.12 | 0 | 0 | 50.81 | 242.39 | 91.55 | 64.87 | 5.64 | 101.43 | 56.45 | 220.01 | 0.10 | -3.87 |
| 2020 (7) | 32.78 | -30.18 | 37.89 | -19.88 | 27.84 | 870.03 | 0 | 0 | 240.24 | -16.9 | -0.22 | 0 | 33.74 | -6.95 | 14.04 | 11.98 | 47.72 | -25.61 | 28.71 | 7.09 | 20.29 | -59.6 | 10.12 | -39.4 | 82.57 | 0.0 | 40.69 | 2.31 | 0 | 0 | 14.84 | -23.51 | 55.53 | -6.17 | 2.8 | -57.19 | 17.64 | -32.0 | 0.11 | 13.15 |
| 2019 (6) | 46.95 | 3.69 | 47.29 | 14.01 | 2.87 | -66.24 | 0 | 0 | 289.11 | -2.82 | 7.4 | -37.92 | 36.26 | 5.62 | 12.54 | 8.69 | 64.15 | -0.53 | 26.81 | 0.68 | 50.22 | 19.06 | 16.7 | -9.83 | 82.57 | 0.0 | 39.77 | 3.08 | 0 | 0 | 19.4 | -0.61 | 59.18 | 1.88 | 6.54 | -45.45 | 25.94 | -17.68 | 0.10 | 3.0 |
| 2018 (5) | 45.28 | 27.19 | 41.48 | -34.83 | 8.5 | 6.25 | 0 | 0 | 297.51 | -6.34 | 11.92 | 36.38 | 34.33 | -10.06 | 11.54 | -3.97 | 64.49 | 6.75 | 26.63 | -2.63 | 42.18 | 427.25 | 18.52 | -4.63 | 82.57 | 0.0 | 38.58 | 2.31 | 0 | 0 | 19.52 | 17.52 | 58.09 | 6.94 | 11.99 | 4.44 | 31.51 | 12.18 | 0.09 | -2.29 |
| 2017 (4) | 35.6 | 1.48 | 63.65 | 8.88 | 8.0 | -1.6 | 0 | 0 | 317.66 | 17.85 | 8.74 | -11.54 | 38.17 | -3.24 | 12.02 | -17.9 | 60.41 | 12.29 | 27.35 | -4.47 | 8.0 | -55.73 | 19.42 | -10.92 | 82.57 | 0.0 | 37.71 | 2.7 | 0 | 0 | 16.61 | -2.81 | 54.32 | 0.95 | 11.48 | -32.55 | 28.09 | -17.65 | 0.10 | -5.08 |
| 2016 (3) | 35.08 | -11.88 | 58.46 | 46.41 | 8.13 | -5.57 | 0 | 0 | 269.55 | 3.74 | 9.88 | 86.77 | 39.45 | 24.8 | 14.64 | 20.3 | 53.8 | 12.48 | 28.63 | -2.98 | 18.07 | -37.39 | 21.8 | -9.05 | 82.57 | 0.0 | 36.72 | 1.46 | 0 | 0 | 17.09 | -4.79 | 53.81 | -0.61 | 17.02 | -33.85 | 34.11 | -21.91 | 0.10 | -0.99 |
| 2015 (2) | 39.81 | -21.83 | 39.93 | -27.23 | 8.61 | -52.33 | 0 | 0 | 259.82 | -18.47 | 5.29 | -53.64 | 31.61 | -21.78 | 12.17 | -4.05 | 47.83 | -18.16 | 29.51 | -1.83 | 28.86 | -13.49 | 23.97 | -2.84 | 82.57 | 0.0 | 36.19 | 3.25 | 0 | 0 | 17.95 | -33.27 | 54.14 | -12.59 | 25.73 | 46.78 | 43.68 | -1.69 | 0.10 | -4.95 |
| 2014 (1) | 50.93 | 1.96 | 54.87 | -5.49 | 18.06 | 50.37 | 1.02 | 0 | 318.69 | -7.42 | 11.41 | -23.68 | 40.41 | 3.72 | 12.68 | 12.03 | 58.44 | 3.75 | 30.06 | -12.84 | 33.36 | -8.7 | 24.67 | -1.6 | 82.57 | 5.0 | 35.05 | 4.47 | 0 | 0 | 26.9 | -15.44 | 61.94 | -5.23 | 17.53 | 49.32 | 44.43 | 2.02 | 0.11 | -5.46 |
| 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) | 57.87 | -6.22 | -5.93 | 56.77 | 2.25 | 5.21 | 5.32 | -2.21 | -67.76 | 0 | 0 | 0 | 99.3 | 11.01 | 29.15 | 3.53 | 8.62 | 123.42 | 55.27 | 3.41 | 20.49 | 15.57 | -3.12 | 5.31 | 72.12 | 3.87 | 24.95 | 42.92 | 2.0 | 6.74 | 62.19 | 3.68 | 214.73 | 6.75 | -6.12 | -16.46 | 82.57 | 0.0 | 0.0 | 47.14 | 0.0 | 1.44 | 0 | 0 | 0 | 46.69 | 8.18 | 18.99 | 93.83 | 3.91 | 9.47 | 28.51 | -6.34 | -0.7 | 75.2 | 2.17 | 10.67 | 0.06 | -5.33 | -37.59 |
| 24Q2 (19) | 61.71 | 1.28 | -5.22 | 55.52 | -7.47 | -1.51 | 5.44 | -49.72 | -64.04 | 0 | 0 | 0 | 89.45 | 2.29 | 15.54 | 3.25 | 24.52 | 692.68 | 53.45 | 5.49 | 26.12 | 16.07 | 1.67 | 21.65 | 69.43 | 0.38 | 0.65 | 42.08 | 5.23 | 5.81 | 59.98 | 37.73 | 192.3 | 7.19 | -2.57 | -11.56 | 82.57 | 0.0 | 0.0 | 47.14 | 1.44 | 1.44 | 0 | 0 | 0 | 43.16 | 6.36 | 14.6 | 90.3 | 3.73 | 7.33 | 30.44 | 6.92 | 75.04 | 73.6 | 6.59 | 33.7 | 0.07 | 1.47 | -38.36 |
| 24Q1 (18) | 60.93 | 11.82 | 3.75 | 60.0 | 31.0 | 8.83 | 10.82 | -27.58 | 10.41 | 0 | 0 | 0 | 87.45 | 10.95 | 7.78 | 2.61 | 16.0 | 1.95 | 50.67 | 18.47 | 18.64 | 15.81 | 16.14 | 23.29 | 69.17 | 3.97 | -8.03 | 39.99 | -2.44 | 3.15 | 43.55 | 36.82 | 60.7 | 7.38 | -0.14 | -10.87 | 82.57 | 0.0 | 0.0 | 46.47 | 0.0 | 4.1 | 0 | 0 | 0 | 40.58 | -1.89 | 3.84 | 87.05 | -0.89 | 3.98 | 28.47 | 29.29 | 90.82 | 69.05 | 8.95 | 27.87 | 0.07 | 0.23 | -40.14 |
| 23Q4 (17) | 54.49 | -11.43 | -13.96 | 45.8 | -15.12 | -24.66 | 14.94 | -9.45 | 39.11 | 0 | 0 | 0 | 78.82 | 2.51 | 5.32 | 2.25 | 42.41 | 1975.0 | 42.77 | -6.76 | 7.3 | 13.61 | -7.94 | 15.55 | 66.53 | 15.26 | -11.2 | 40.99 | 1.94 | 9.04 | 31.83 | 61.08 | 49.44 | 7.39 | -8.54 | -14.86 | 82.57 | 0.0 | 0.0 | 46.47 | 0.0 | 4.1 | 0 | 0 | 0 | 41.36 | 5.4 | -8.98 | 87.83 | 2.47 | -2.5 | 22.02 | -23.3 | 81.98 | 63.38 | -6.73 | 10.15 | 0.07 | -35.19 | -37.63 |
| 23Q3 (16) | 61.52 | -5.51 | 2.01 | 53.96 | -4.28 | -7.76 | 16.5 | 9.05 | 68.71 | 0 | 0 | 0 | 76.89 | -0.68 | -12.04 | 1.58 | 285.37 | -59.8 | 45.87 | 8.24 | -5.6 | 14.78 | 11.9 | 4.9 | 57.72 | -16.32 | -19.7 | 40.21 | 1.11 | 2.19 | 19.76 | -3.7 | -12.84 | 8.08 | -0.62 | -12.65 | 82.57 | 0.0 | 0.0 | 46.47 | 0.0 | 4.1 | 0 | 0 | 0 | 39.24 | 4.2 | -12.88 | 85.71 | 1.88 | -4.42 | 28.71 | 65.09 | 93.46 | 67.95 | 23.43 | 13.48 | 0.10 | -6.49 | -1.36 |
| 23Q2 (15) | 65.11 | 10.86 | 17.44 | 56.37 | 2.25 | 24.44 | 15.13 | 54.39 | 36.55 | 0 | 0 | 0 | 77.42 | -4.58 | -13.74 | 0.41 | -83.98 | -94.53 | 42.38 | -0.77 | -16.03 | 13.21 | 3.04 | -12.54 | 68.98 | -8.28 | -2.94 | 39.77 | 2.58 | 2.58 | 20.52 | -24.28 | -7.11 | 8.13 | -1.81 | -9.26 | 82.57 | 0.0 | 0.0 | 46.47 | 4.1 | 4.1 | 0 | 0 | 0 | 37.66 | -3.63 | -8.37 | 84.13 | 0.49 | -1.88 | 17.39 | 16.55 | 68.02 | 55.05 | 1.94 | 7.0 | 0.11 | -1.47 | -6.31 |
| 23Q1 (14) | 58.73 | -7.26 | 18.65 | 55.13 | -9.31 | 48.36 | 9.8 | -8.75 | -25.59 | 0 | 0 | 0 | 81.14 | 8.42 | -6.11 | 2.56 | 2233.33 | -60.74 | 42.71 | 7.15 | -12.12 | 12.82 | 8.85 | -13.06 | 75.21 | 0.39 | 15.96 | 38.77 | 3.14 | 3.69 | 27.1 | 27.23 | 26.4 | 8.28 | -4.61 | -7.07 | 82.57 | 0.0 | 0.0 | 44.64 | 0.0 | 9.57 | 0 | 0 | 0 | 39.08 | -14.0 | 4.19 | 83.72 | -7.06 | 6.99 | 14.92 | 23.31 | 38.28 | 54.0 | -6.15 | 11.8 | 0.11 | 4.44 | -6.62 |
| 22Q4 (13) | 63.33 | 5.01 | 41.84 | 60.79 | 3.91 | 51.75 | 10.74 | 9.82 | 31.3 | 0 | 0 | 0 | 74.84 | -14.38 | -7.87 | -0.12 | -103.05 | -102.03 | 39.86 | -17.97 | -14.63 | 11.78 | -16.42 | -17.93 | 74.92 | 4.23 | 33.07 | 37.59 | -4.47 | 4.91 | 21.3 | -6.04 | -6.82 | 8.68 | -6.16 | -2.8 | 82.57 | 0.0 | 0.0 | 44.64 | 0.0 | 9.57 | 0 | 0 | 0 | 45.44 | 0.89 | -10.57 | 90.08 | 0.46 | -1.61 | 12.1 | -18.46 | 114.54 | 57.54 | -3.91 | 1.93 | 0.11 | 2.5 | 2.02 |
| 22Q3 (12) | 60.31 | 8.78 | 60.4 | 58.5 | 29.14 | 47.76 | 9.78 | -11.73 | -29.34 | 0 | 0 | 0 | 87.41 | -2.61 | 13.92 | 3.93 | -47.53 | -72.75 | 48.59 | -3.72 | 12.74 | 14.09 | -6.71 | 0.7 | 71.88 | 1.14 | 22.39 | 39.35 | 1.5 | 10.78 | 22.67 | 2.63 | -5.07 | 9.25 | 3.24 | 0.43 | 82.57 | 0.0 | 0.0 | 44.64 | 0.0 | 9.57 | 0 | 0 | 0 | 45.04 | 9.59 | -0.4 | 89.67 | 4.58 | 4.32 | 14.84 | 43.38 | 298.92 | 59.88 | 16.38 | 22.35 | 0.10 | -11.17 | 1.83 |
| 22Q2 (11) | 55.44 | 12.0 | 21.71 | 45.3 | 21.91 | 18.06 | 11.08 | -15.87 | -52.34 | 0 | 0 | 0 | 89.75 | 3.85 | 5.33 | 7.49 | 14.88 | -25.25 | 50.47 | 3.85 | 16.1 | 15.10 | 2.44 | -0.16 | 71.07 | 9.57 | 40.37 | 38.77 | 3.69 | 18.38 | 22.09 | 3.03 | -11.11 | 8.96 | 0.56 | -5.78 | 82.57 | 0.0 | 0.0 | 44.64 | 9.57 | 9.57 | 0 | 0 | 0 | 41.1 | 9.57 | 33.4 | 85.74 | 9.57 | 19.85 | 10.35 | -4.08 | 76.02 | 51.45 | 6.52 | 40.23 | 0.12 | -1.8 | 3.32 |
| 22Q1 (10) | 49.5 | 10.86 | 36.06 | 37.16 | -7.24 | -11.8 | 13.17 | 61.0 | -44.73 | 0 | 0 | 0 | 86.42 | 6.39 | 5.17 | 6.52 | 10.32 | -27.31 | 48.6 | 4.09 | 7.02 | 14.75 | 2.75 | -16.39 | 64.86 | 15.2 | 29.64 | 37.39 | 4.35 | 20.96 | 21.44 | -6.21 | -11.51 | 8.91 | -0.22 | -9.82 | 82.57 | 0.0 | 0.0 | 40.74 | 0.0 | 0.12 | 0 | 0 | 0 | 37.51 | -26.18 | 57.54 | 78.25 | -14.53 | 21.32 | 10.79 | 91.31 | 203.94 | 48.3 | -14.44 | 76.54 | 0.12 | 14.11 | 6.91 |
| 21Q4 (9) | 44.65 | 18.75 | 36.21 | 40.06 | 1.19 | 5.73 | 8.18 | -40.9 | -70.62 | 0 | 0 | 0 | 81.23 | 5.86 | 27.16 | 5.91 | -59.02 | 120.52 | 46.69 | 8.33 | 38.38 | 14.35 | 2.55 | 2.18 | 56.3 | -4.14 | 17.98 | 35.83 | 0.87 | 24.8 | 22.86 | -4.27 | 12.67 | 8.93 | -3.04 | -11.76 | 82.57 | 0.0 | 0.0 | 40.74 | 0.0 | 0.12 | 0 | 0 | 0 | 50.81 | 12.36 | 242.39 | 91.55 | 6.5 | 64.87 | 5.64 | 51.61 | 101.43 | 56.45 | 15.35 | 220.01 | 0.10 | 2.31 | -3.87 |
| 21Q3 (8) | 37.6 | -17.45 | -9.35 | 39.59 | 3.18 | -6.83 | 13.84 | -40.47 | 22.37 | 0 | 0 | 0 | 76.73 | -9.95 | 36.85 | 14.42 | 43.91 | 724.24 | 43.1 | -0.85 | 46.6 | 13.99 | -7.5 | 16.52 | 58.73 | 16.0 | 41.93 | 35.52 | 8.46 | 35.78 | 23.88 | -3.9 | -36.89 | 9.21 | -3.15 | -13.03 | 82.57 | 0.0 | 0.0 | 40.74 | 0.0 | 0.12 | 0 | 0 | 0 | 45.22 | 46.77 | 267.34 | 85.96 | 20.16 | 62.22 | 3.72 | -36.73 | 74.65 | 48.94 | 33.39 | 238.92 | 0.10 | -9.88 | -3.11 |
| 21Q2 (7) | 45.55 | 25.21 | -4.0 | 38.37 | -8.92 | -10.18 | 23.25 | -2.43 | 173.85 | 0 | 0 | 0 | 85.21 | 3.7 | 53.95 | 10.02 | 11.71 | 949.15 | 43.47 | -4.27 | 67.0 | 15.13 | -14.22 | 0 | 50.63 | 1.2 | -0.28 | 32.75 | 5.95 | 27.83 | 24.85 | 2.56 | -40.19 | 9.51 | -3.74 | -40.71 | 82.57 | 0.0 | 0.0 | 40.74 | 0.12 | 0.12 | 0 | 0 | 0 | 30.81 | 29.4 | 110.74 | 71.54 | 10.91 | 29.34 | 5.88 | 65.63 | 31.84 | 36.69 | 34.1 | 92.3 | 0.11 | 1.62 | 10.13 |
| 21Q1 (6) | 36.38 | 10.98 | -19.78 | 42.13 | 11.19 | -27.79 | 23.83 | -14.4 | 185.05 | 0 | 0 | 0 | 82.17 | 28.63 | 26.53 | 8.97 | 234.7 | 1420.34 | 45.41 | 34.59 | 32.89 | 17.64 | 25.58 | 0 | 50.03 | 4.84 | -15.32 | 30.91 | 7.66 | 18.38 | 24.23 | 19.42 | -42.79 | 9.88 | -2.37 | -40.87 | 82.57 | 0.0 | 0.0 | 40.69 | 0.0 | 2.31 | 0 | 0 | 0 | 23.81 | 60.44 | 14.25 | 64.5 | 16.15 | 6.42 | 3.55 | 26.79 | 6.61 | 27.36 | 55.1 | 13.2 | 0.11 | 2.59 | 14.05 |
| 20Q4 (5) | 32.78 | -20.97 | -30.18 | 37.89 | -10.83 | -19.88 | 27.84 | 146.15 | 870.03 | 0 | 0 | 0 | 63.88 | 13.93 | -6.65 | 2.68 | 216.02 | 157.69 | 33.74 | 14.76 | -6.95 | 14.04 | 16.94 | 0 | 47.72 | 15.32 | -25.61 | 28.71 | 9.75 | 7.09 | 20.29 | -46.38 | -59.6 | 10.12 | -4.44 | -39.4 | 82.57 | 0.0 | 0.0 | 40.69 | 0.0 | 2.31 | 0 | 0 | 0 | 14.84 | 20.55 | -23.51 | 55.53 | 4.79 | -6.17 | 2.8 | 31.46 | -57.19 | 17.64 | 22.16 | -32.0 | 0.11 | 3.12 | 13.15 |
| 20Q3 (4) | 41.48 | -12.58 | 0.0 | 42.49 | -0.54 | 0.0 | 11.31 | 33.22 | 0.0 | 0 | 0 | 0.0 | 56.07 | 1.3 | 0.0 | -2.31 | -95.76 | 0.0 | 29.4 | 12.95 | 0.0 | 12.01 | 0 | 0.0 | 41.38 | -18.5 | 0.0 | 26.16 | 2.11 | 0.0 | 37.84 | -8.93 | 0.0 | 10.59 | -33.98 | 0.0 | 82.57 | 0.0 | 0.0 | 40.69 | 0.0 | 0.0 | 0 | 0 | 0.0 | 12.31 | -15.8 | 0.0 | 52.99 | -4.19 | 0.0 | 2.13 | -52.24 | 0.0 | 14.44 | -24.32 | 0.0 | 0.11 | 2.44 | 0.0 |
