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) | 235.76 | 1.01 | 30.11 | -35.87 | 18.22 | -77.08 | 0 | 0 | 962.01 | -2.46 | 71.82 | 44.77 | 134.89 | 3.37 | 14.02 | 5.97 | 170.43 | -18.78 | 8.53 | 24.34 | 317.51 | 10.37 | 2.02 | -13.3 | 324.14 | 0.0 | 171.72 | 3.04 | 58.71 | -22.63 | 368.27 | 11.78 | 598.7 | 4.67 | -69.22 | 0 | 299.05 | 10.45 | 0.01 | -4.08 |
| 2022 (9) | 233.41 | -2.53 | 46.95 | -49.87 | 79.5 | -21.4 | 0 | 0 | 986.23 | -2.87 | 49.61 | -5.86 | 130.49 | 8.59 | 13.23 | 11.8 | 209.84 | 3.08 | 6.86 | 0.0 | 287.69 | 0.01 | 2.33 | 4.48 | 324.14 | 0.0 | 166.66 | 3.3 | 75.88 | 14.78 | 329.46 | -1.01 | 572.0 | 2.1 | -58.71 | 0 | 270.75 | 5.38 | 0.01 | -0.51 |
| 2021 (8) | 239.46 | 25.29 | 93.65 | 29.67 | 101.14 | 3.56 | 0 | 0 | 1015.37 | 5.54 | 52.7 | -12.01 | 120.17 | -14.53 | 11.84 | -19.02 | 203.57 | 11.32 | 6.86 | -2.56 | 287.65 | -8.51 | 2.23 | 22.53 | 324.14 | 0.0 | 161.33 | 3.86 | 66.11 | -4.24 | 332.81 | 3.54 | 560.25 | 2.65 | -75.88 | 0 | 256.93 | 0.63 | 0.01 | 3.26 |
| 2020 (7) | 191.13 | -25.05 | 72.22 | -57.12 | 97.66 | -1.36 | 0 | 0 | 962.09 | -12.14 | 59.89 | 72.74 | 140.6 | 10.24 | 14.61 | 25.48 | 182.87 | 1.88 | 7.04 | -0.42 | 314.41 | -16.83 | 1.82 | -26.32 | 324.14 | 0.0 | 155.34 | 2.28 | 69.04 | 32.77 | 321.43 | 2.22 | 545.81 | 5.3 | -66.11 | 0 | 255.32 | 4.03 | 0.01 | -9.91 |
| 2019 (6) | 255.01 | -8.3 | 168.43 | 8.18 | 99.01 | -12.84 | 0 | 0 | 1095.08 | 0.26 | 34.67 | -1.51 | 127.54 | 1.36 | 11.65 | 1.09 | 179.5 | -7.29 | 7.07 | -4.07 | 378.02 | -17.76 | 2.47 | 4.22 | 324.14 | 0.0 | 151.87 | 2.37 | 52.0 | 17.38 | 314.46 | -3.72 | 518.33 | -0.18 | -69.04 | 0 | 245.42 | -10.63 | 0.01 | -5.67 |
| 2018 (5) | 278.09 | -10.06 | 155.69 | -15.88 | 113.6 | 131.74 | 0 | 0 | 1092.21 | -2.75 | 35.2 | -36.49 | 125.83 | 2.55 | 11.52 | 5.45 | 193.62 | 0.93 | 7.37 | -5.99 | 459.66 | -7.06 | 2.37 | 115.45 | 324.14 | 0.0 | 148.35 | 3.88 | 44.3 | 33.92 | 326.62 | -10.71 | 519.27 | -4.14 | -52.0 | 0 | 274.62 | -14.58 | 0.01 | -5.54 |
| 2017 (4) | 309.18 | 7.0 | 185.08 | 46.24 | 49.02 | -43.26 | 0 | 0 | 1123.09 | -4.33 | 55.42 | -58.18 | 122.7 | 3.07 | 10.93 | 7.73 | 191.84 | 38.51 | 7.84 | 67.16 | 494.59 | 42.99 | 1.1 | 900.0 | 324.14 | 0.0 | 142.81 | 10.23 | 33.08 | 27.04 | 365.8 | -14.48 | 541.69 | -7.14 | -44.3 | 0 | 321.5 | -18.54 | 0.01 | -5.86 |
| 2016 (3) | 288.94 | 29.45 | 126.56 | -21.91 | 86.39 | 69.49 | 0 | 0 | 1173.88 | 0.57 | 132.51 | 3.71 | 119.05 | -9.12 | 10.14 | -9.63 | 138.5 | 4.82 | 4.69 | -8.04 | 345.89 | 7.89 | 0.11 | 0 | 324.14 | 0.0 | 129.56 | 10.94 | 26.04 | 0.0 | 427.75 | 5.38 | 583.34 | 6.3 | -33.08 | 0 | 394.67 | -6.94 | 0.01 | -0.02 |
| 2015 (2) | 223.21 | 5.46 | 162.06 | 12.26 | 50.97 | -35.97 | 0 | 0 | 1167.26 | -9.52 | 127.77 | -20.22 | 130.99 | -9.71 | 11.22 | -0.2 | 132.13 | -20.27 | 5.1 | 1.19 | 320.59 | -4.67 | 0 | 0 | 324.14 | 0.0 | 116.78 | 15.9 | 26.04 | 0.0 | 405.93 | 3.64 | 548.75 | 5.83 | 18.19 | -47.23 | 424.12 | -0.48 | 0.01 | -1.92 |
| 2014 (1) | 211.66 | 6.82 | 144.36 | 19.29 | 79.6 | -19.22 | 0 | 0 | 1290.14 | -3.06 | 160.16 | -13.66 | 145.07 | 15.79 | 11.24 | 19.44 | 165.73 | 0.42 | 5.04 | 3.07 | 336.28 | -8.51 | 0 | 0 | 324.14 | 0.0 | 100.76 | 22.55 | 26.04 | 0.0 | 391.69 | 12.7 | 518.5 | 13.76 | 34.47 | 349.41 | 426.16 | 19.97 | 0.01 | 21.69 |
| 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) | 244.95 | -3.6 | -13.95 | 29.75 | 8.18 | 15.4 | 78.4 | 109.01 | 645.25 | 0 | 0 | 0 | 255.04 | 4.76 | 0.68 | 23.29 | -1.1 | 18.1 | 135.63 | -0.72 | -13.32 | 14.10 | -0.89 | -13.09 | 174.1 | 3.89 | 7.9 | 8.9 | 0.45 | 2.42 | 261.68 | -3.96 | -25.34 | 1.7 | -5.03 | -15.0 | 324.14 | 0.0 | 0.0 | 178.93 | 0.0 | 4.2 | 69.22 | 0.0 | 17.9 | 354.76 | 7.02 | 0.64 | 602.91 | 4.02 | 3.42 | -34.58 | 33.96 | 37.94 | 320.18 | 14.71 | 7.88 | 0.01 | -6.86 | -5.61 |
| 24Q2 (19) | 254.1 | 1.05 | -0.38 | 27.5 | 16.33 | 43.6 | 37.51 | 1.9 | -41.16 | 0 | 0 | 0 | 243.46 | 3.06 | -1.12 | 23.55 | 6.08 | 13.33 | 136.61 | -6.3 | -9.87 | 14.23 | -6.03 | -8.07 | 167.58 | 3.98 | -2.22 | 8.86 | 4.6 | 0.57 | 272.47 | -4.58 | -7.33 | 1.79 | -7.25 | -10.5 | 324.14 | 0.0 | 0.0 | 178.93 | 4.2 | 4.2 | 69.22 | 17.9 | 17.9 | 331.48 | 1.8 | -0.4 | 579.62 | 4.24 | 2.91 | -52.36 | 9.19 | 29.4 | 279.12 | 4.16 | 7.92 | 0.01 | -2.56 | -3.16 |
| 24Q1 (18) | 251.46 | 6.66 | 5.74 | 23.64 | -21.49 | 4.51 | 36.81 | 102.03 | -49.35 | 0 | 0 | 0 | 236.22 | 3.98 | 0.4 | 22.2 | 43.23 | 40.24 | 145.79 | 8.08 | -1.72 | 15.14 | 7.98 | -0.62 | 161.16 | -5.44 | -16.4 | 8.47 | -0.7 | 17.31 | 285.55 | -10.07 | -2.86 | 1.93 | -4.46 | -14.22 | 324.14 | 0.0 | 0.0 | 171.72 | 0.0 | 3.04 | 58.71 | 0.0 | -22.63 | 325.63 | -11.58 | 8.57 | 556.07 | -7.12 | 2.51 | -57.66 | 16.7 | -3.24 | 267.97 | -10.39 | 9.79 | 0.01 | 5.94 | -1.77 |
| 23Q4 (17) | 235.76 | -17.18 | 1.01 | 30.11 | 16.8 | -35.87 | 18.22 | 73.19 | -77.08 | 0 | 0 | 0 | 227.17 | -10.33 | -1.06 | 15.5 | -21.4 | 66.85 | 134.89 | -13.8 | 3.37 | 14.02 | -13.58 | 5.97 | 170.43 | 5.62 | -18.78 | 8.53 | -1.84 | 24.34 | 317.51 | -9.41 | 10.37 | 2.02 | 1.0 | -13.3 | 324.14 | 0.0 | 0.0 | 171.72 | 0.0 | 3.04 | 58.71 | 0.0 | -22.63 | 368.27 | 4.47 | 11.78 | 598.7 | 2.7 | 4.67 | -69.22 | -24.23 | -17.9 | 299.05 | 0.76 | 10.45 | 0.01 | -1.82 | -4.08 |
| 23Q3 (16) | 284.65 | 11.59 | 46.34 | 25.78 | 34.62 | -61.77 | 10.52 | -83.5 | -88.33 | 0 | 0 | 0 | 253.33 | 2.88 | -5.57 | 19.72 | -5.1 | 30.6 | 156.48 | 3.24 | 8.98 | 16.22 | 4.84 | 12.82 | 161.36 | -5.85 | -23.5 | 8.69 | -1.36 | 28.36 | 350.49 | 19.2 | 23.47 | 2.0 | 0.0 | -10.71 | 324.14 | 0.0 | 0.0 | 171.72 | 0.0 | 3.04 | 58.71 | 0.0 | -22.63 | 352.51 | 5.92 | 10.46 | 582.95 | 3.5 | 3.79 | -55.72 | 24.87 | -4.72 | 296.79 | 14.75 | 11.6 | 0.01 | -4.45 | -3.86 |
| 23Q2 (15) | 255.08 | 7.26 | 12.58 | 19.15 | -15.34 | -65.69 | 63.75 | -12.27 | -32.35 | 0 | 0 | 0 | 246.23 | 4.65 | 2.35 | 20.78 | 31.27 | 81.01 | 151.57 | 2.18 | 20.33 | 15.48 | 1.59 | 19.52 | 171.38 | -11.1 | -19.52 | 8.81 | 22.02 | 30.13 | 294.03 | 0.03 | 3.52 | 2.0 | -11.11 | -10.71 | 324.14 | 0.0 | 0.0 | 171.72 | 3.04 | 3.04 | 58.71 | -22.63 | -22.63 | 332.8 | 10.96 | 9.46 | 563.23 | 3.83 | 3.05 | -74.16 | -32.78 | -23.95 | 258.64 | 5.97 | 5.91 | 0.01 | -1.16 | -2.15 |
| 23Q1 (14) | 237.82 | 1.89 | 4.42 | 22.62 | -51.82 | -65.77 | 72.67 | -8.59 | -15.93 | 0 | 0 | 0 | 235.29 | 2.48 | -5.04 | 15.83 | 70.4 | 15.21 | 148.34 | 13.68 | 14.49 | 15.23 | 15.14 | 16.1 | 192.78 | -8.13 | -6.63 | 7.22 | 5.25 | 4.49 | 293.95 | 2.18 | -1.24 | 2.25 | -3.43 | -0.88 | 324.14 | 0.0 | 0.0 | 166.66 | 0.0 | 3.3 | 75.88 | 0.0 | 14.78 | 299.92 | -8.97 | -13.46 | 542.46 | -5.16 | -5.49 | -55.85 | 4.87 | -8.81 | 244.07 | -9.85 | -17.33 | 0.01 | 3.44 | 3.52 |
| 22Q4 (13) | 233.41 | 20.0 | -2.53 | 46.95 | -30.37 | -49.87 | 79.5 | -11.84 | -21.4 | 0 | 0 | 0 | 229.6 | -14.41 | -5.03 | 9.29 | -38.48 | 1.2 | 130.49 | -9.12 | 8.59 | 13.23 | -8.0 | 11.8 | 209.84 | -0.52 | 3.08 | 6.86 | 1.33 | 0.0 | 287.69 | 1.35 | 0.01 | 2.33 | 4.02 | 4.48 | 324.14 | 0.0 | 0.0 | 166.66 | 0.0 | 3.3 | 75.88 | 0.0 | 14.78 | 329.46 | 3.23 | -1.01 | 572.0 | 1.84 | 2.1 | -58.71 | -10.34 | 22.63 | 270.75 | 1.81 | 5.38 | 0.01 | -1.59 | -0.51 |
| 22Q3 (12) | 194.51 | -14.15 | 2.67 | 67.43 | 20.82 | -17.13 | 90.18 | -4.3 | -14.24 | 0 | 0 | 0 | 268.27 | 11.51 | 10.56 | 15.1 | 31.53 | 58.78 | 143.58 | 13.99 | 8.69 | 14.38 | 11.06 | 13.29 | 210.93 | -0.95 | 4.59 | 6.77 | 0.0 | -1.88 | 283.86 | -0.06 | 0.46 | 2.24 | 0.0 | 5.66 | 324.14 | 0.0 | 0.0 | 166.66 | 0.0 | 3.3 | 75.88 | 0.0 | 14.78 | 319.14 | 4.97 | -1.19 | 561.68 | 2.76 | 2.04 | -53.21 | 11.06 | 34.34 | 265.93 | 8.9 | 9.91 | 0.01 | -2.75 | 0.47 |
| 22Q2 (11) | 226.58 | -0.51 | 18.77 | 55.81 | -15.55 | -21.83 | 94.23 | 9.01 | 3.78 | 0 | 0 | 0 | 240.58 | -2.91 | -5.76 | 11.48 | -16.45 | -27.66 | 125.96 | -2.79 | -4.91 | 12.95 | -1.32 | 5.3 | 212.96 | 3.15 | 2.86 | 6.77 | -2.03 | -3.7 | 284.03 | -4.58 | 0.27 | 2.24 | -1.32 | 12.0 | 324.14 | 0.0 | 0.0 | 166.66 | 3.3 | 7.29 | 75.88 | 14.78 | 9.91 | 304.03 | -12.27 | -14.46 | 546.57 | -4.78 | -5.73 | -59.83 | -16.56 | 22.91 | 244.2 | -17.28 | -12.1 | 0.01 | 4.57 | 7.75 |
| 22Q1 (10) | 227.75 | -4.89 | 29.05 | 66.09 | -29.43 | 1.94 | 86.44 | -14.53 | -5.69 | 0 | 0 | 0 | 247.78 | 2.49 | -10.11 | 13.74 | 49.67 | -24.26 | 129.57 | 7.82 | -5.27 | 13.12 | 10.87 | -0.02 | 206.46 | 1.42 | 6.91 | 6.91 | 0.73 | -1.43 | 297.65 | 3.48 | 1.88 | 2.27 | 1.79 | 8.1 | 324.14 | 0.0 | 0.0 | 161.33 | 0.0 | 3.86 | 66.11 | 0.0 | -4.24 | 346.55 | 4.13 | 2.06 | 573.99 | 2.45 | 1.78 | -51.33 | 32.35 | 28.36 | 295.22 | 14.9 | 10.19 | 0.01 | -0.59 | 3.87 |
| 21Q4 (9) | 239.46 | 26.39 | 25.29 | 93.65 | 15.09 | 29.67 | 101.14 | -3.81 | 3.56 | 0 | 0 | 0 | 241.77 | -0.36 | -9.46 | 9.18 | -3.47 | -71.04 | 120.17 | -9.03 | -14.53 | 11.84 | -6.77 | -19.01 | 203.57 | 0.94 | 11.32 | 6.86 | -0.58 | -2.56 | 287.65 | 1.8 | -8.51 | 2.23 | 5.19 | 22.53 | 324.14 | 0.0 | 0.0 | 161.33 | 0.0 | 3.86 | 66.11 | 0.0 | -4.24 | 332.81 | 3.04 | 3.54 | 560.25 | 1.78 | 2.65 | -75.88 | 6.37 | -14.78 | 256.93 | 6.19 | 0.63 | 0.01 | -0.62 | 3.26 |
| 21Q3 (8) | 189.46 | -0.69 | -16.42 | 81.37 | 13.96 | -23.21 | 105.15 | 15.8 | -0.62 | 0 | 0 | 0 | 242.65 | -4.95 | -13.12 | 9.51 | -40.08 | -62.62 | 132.1 | -0.28 | 11.7 | 12.69 | 3.23 | 3.18 | 201.68 | -2.58 | 33.79 | 6.9 | -1.85 | -1.29 | 282.57 | -0.25 | -14.14 | 2.12 | 6.0 | 8.16 | 324.14 | 0.0 | 0.0 | 161.33 | 3.86 | 3.86 | 66.11 | -4.24 | -4.24 | 322.99 | -9.13 | 11.48 | 550.43 | -5.07 | 7.06 | -81.04 | -4.42 | -0.66 | 241.95 | -12.91 | 15.64 | 0.01 | 4.29 | 0.02 |
| 21Q2 (7) | 190.77 | 8.1 | -25.65 | 71.4 | 10.13 | -51.15 | 90.8 | -0.94 | 23.6 | 0 | 0 | 0 | 255.29 | -7.39 | 15.89 | 15.87 | -12.51 | -29.9 | 132.47 | -3.15 | 41.54 | 12.30 | -6.3 | 0 | 207.03 | 7.2 | 30.92 | 7.03 | 0.29 | 0.14 | 283.27 | -3.04 | -24.9 | 2.0 | -4.76 | 1.01 | 324.14 | 0.0 | 0.0 | 155.34 | 0.0 | 0.0 | 69.04 | 0.0 | 0.0 | 355.44 | 4.67 | 34.49 | 579.82 | 2.81 | 18.65 | -77.61 | -8.32 | 10.43 | 277.83 | 3.7 | 56.4 | 0.01 | 0.81 | -15.39 |
| 21Q1 (6) | 176.48 | -7.66 | -28.6 | 64.83 | -10.23 | -62.61 | 91.66 | -6.14 | -4.35 | 0 | 0 | 0 | 275.66 | 3.23 | 41.0 | 18.14 | -42.78 | 191.2 | 136.78 | -2.72 | 24.72 | 13.12 | -10.2 | 0 | 193.12 | 5.61 | 15.91 | 7.01 | -0.43 | -0.57 | 292.16 | -7.08 | -20.25 | 2.1 | 15.38 | -4.55 | 324.14 | 0.0 | 0.0 | 155.34 | 0.0 | 2.28 | 69.04 | 0.0 | 32.77 | 339.57 | 5.64 | 15.28 | 563.95 | 3.32 | 13.14 | -71.65 | -8.38 | 9.98 | 267.92 | 4.93 | 24.63 | 0.01 | -1.17 | -14.14 |
| 20Q4 (5) | 191.13 | -15.68 | -25.05 | 72.22 | -31.84 | -57.12 | 97.66 | -7.7 | -1.36 | 0 | 0 | 0 | 267.03 | -4.39 | 0.31 | 31.7 | 24.61 | 627.06 | 140.6 | 18.89 | 10.24 | 14.61 | 18.79 | 0 | 182.87 | 21.31 | 1.88 | 7.04 | 0.72 | -0.42 | 314.41 | -4.46 | -16.83 | 1.82 | -7.14 | -26.32 | 324.14 | 0.0 | 0.0 | 155.34 | 0.0 | 2.28 | 69.04 | 0.0 | 32.77 | 321.43 | 10.94 | 2.22 | 545.81 | 6.17 | 5.3 | -66.11 | 17.89 | 4.24 | 255.32 | 22.03 | 4.03 | 0.01 | -3.74 | -9.91 |
| 20Q3 (4) | 226.68 | -11.66 | 0.0 | 105.96 | -27.5 | 0.0 | 105.81 | 44.04 | 0.0 | 0 | 0 | 0.0 | 279.28 | 26.78 | 0.0 | 25.44 | 12.37 | 0.0 | 118.26 | 26.36 | 0.0 | 12.30 | 0 | 0.0 | 150.74 | -4.68 | 0.0 | 6.99 | -0.43 | 0.0 | 329.1 | -12.75 | 0.0 | 1.96 | -1.01 | 0.0 | 324.14 | 0.0 | 0.0 | 155.34 | 0.0 | 0.0 | 69.04 | 0.0 | 0.0 | 289.73 | 9.63 | 0.0 | 514.11 | 5.21 | 0.0 | -80.51 | 7.09 | 0.0 | 209.22 | 17.78 | 0.0 | 0.01 | -11.78 | 0.0 |
