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) | 75.37 | 6.8 | 33.59 | -26.82 | 20.76 | 19.59 | 0 | 0 | 344.44 | -10.81 | 8.81 | 160.65 | 35.38 | -9.56 | 10.27 | 1.4 | 96.78 | -21.51 | 1.67 | 3.73 | 118.51 | -15.46 | 0 | 0 | 95.49 | 5.0 | 34.4 | 1.21 | 8.31 | -57.84 | 68.46 | 19.06 | 111.18 | -0.02 | -10.94 | 0 | 57.52 | 16.93 | 0.00 | 0 |
| 2022 (9) | 70.57 | 18.55 | 45.9 | 22.5 | 17.36 | 6.18 | 0 | 0 | 386.18 | 10.67 | 3.38 | -63.18 | 39.12 | -1.26 | 10.13 | -10.78 | 123.3 | -1.86 | 1.61 | 21.05 | 140.19 | 1.47 | 0 | 0 | 90.94 | 0.0 | 33.99 | 2.75 | 19.71 | 23.11 | 57.5 | -14.26 | 111.2 | -4.26 | -8.31 | 0 | 49.19 | 3.89 | 0.00 | 0 |
| 2021 (8) | 59.53 | -29.84 | 37.47 | 56.12 | 16.35 | -35.04 | 0 | 0 | 348.96 | 15.32 | 9.18 | -5.56 | 39.62 | 3.04 | 11.35 | -10.65 | 125.64 | 63.4 | 1.33 | 1.53 | 138.16 | 16.65 | 0 | 0 | 90.94 | 0.0 | 33.08 | 2.96 | 16.01 | 20.38 | 67.06 | -5.19 | 116.15 | -0.02 | -19.71 | 0 | 47.35 | -13.47 | 0.00 | 0 |
| 2020 (7) | 84.85 | 11.25 | 24.0 | 1.14 | 25.17 | 94.81 | 0 | 0 | 302.6 | -5.81 | 9.72 | -4.14 | 38.45 | 4.26 | 12.71 | 10.69 | 76.89 | -3.05 | 1.31 | 79.45 | 118.44 | -9.32 | 0 | 0 | 90.94 | 4.0 | 32.13 | 3.21 | 13.3 | 37.25 | 70.73 | -2.92 | 116.17 | 2.19 | -16.01 | 0 | 54.72 | -8.13 | 0.00 | 0 |
| 2019 (6) | 76.27 | -25.15 | 23.73 | 89.54 | 12.92 | -67.23 | 0 | 0 | 321.27 | 1.91 | 10.14 | 47.17 | 36.88 | -0.49 | 11.48 | -2.35 | 79.31 | 4.75 | 0.73 | 7.35 | 130.62 | 34.95 | 0.74 | 13.85 | 87.44 | 0.0 | 31.13 | 2.27 | 9.69 | -10.03 | 72.86 | 2.35 | 113.68 | 1.13 | -13.3 | 0 | 59.56 | -3.15 | 0.00 | 0 |
| 2018 (5) | 101.9 | 1.82 | 12.52 | -4.28 | 39.43 | 52.42 | 0 | 0 | 315.26 | 3.25 | 6.89 | 109.42 | 37.06 | -8.15 | 11.76 | -11.05 | 75.71 | 3.49 | 0.68 | 4.62 | 96.79 | -11.71 | 0.65 | -1.52 | 87.44 | 0.0 | 30.44 | 1.1 | 10.77 | 54.96 | 71.19 | -9.02 | 112.41 | -2.51 | -9.69 | 0 | 61.5 | -8.86 | 0.00 | 0 |
| 2017 (4) | 100.08 | -34.22 | 13.08 | 119.46 | 25.87 | -10.42 | 0 | 0 | 305.33 | 3.52 | 3.29 | -89.36 | 40.35 | 8.76 | 13.22 | 5.06 | 73.16 | 30.25 | 0.65 | 0 | 109.63 | 6.7 | 0.66 | 0.0 | 87.44 | 0.0 | 30.11 | 11.44 | 6.95 | -3.47 | 78.25 | -18.07 | 115.31 | -11.12 | -10.77 | 0 | 67.48 | -28.01 | 0.00 | 0 |
| 2016 (3) | 152.14 | 6.39 | 5.96 | -41.45 | 28.88 | 62.25 | 0 | 0 | 294.94 | -5.59 | 30.92 | -10.82 | 37.1 | 1.84 | 12.58 | 7.87 | 56.17 | -3.5 | 0 | 0 | 102.75 | 6.6 | 0.66 | 0.0 | 87.44 | 1.99 | 27.02 | 14.73 | 7.2 | 0.0 | 95.51 | 7.84 | 129.73 | 8.72 | -1.77 | 0 | 93.74 | -6.62 | 0.00 | 0 |
| 2015 (2) | 143.0 | 16.45 | 10.18 | -45.91 | 17.8 | 22.67 | 0 | 0 | 312.4 | -6.17 | 34.67 | -5.71 | 36.43 | -11.81 | 11.66 | -6.02 | 58.21 | -11.53 | 0 | 0 | 96.39 | 26.7 | 0.66 | 3.12 | 85.73 | 5.0 | 23.55 | 18.46 | 7.2 | 0.0 | 88.57 | 10.22 | 119.32 | 11.07 | 11.82 | -6.56 | 100.39 | 7.93 | 0.00 | 0 |
| 2014 (1) | 122.8 | 16.64 | 18.82 | 18.51 | 14.51 | 80.92 | 0 | 0 | 332.93 | 2.59 | 36.77 | 13.56 | 41.31 | 18.16 | 12.41 | 15.18 | 65.8 | 13.23 | 0 | 0 | 76.08 | 10.01 | 0.64 | 4.92 | 81.65 | 7.01 | 19.88 | 19.47 | 7.2 | 0.0 | 80.36 | 21.21 | 107.43 | 19.19 | 12.65 | 648.52 | 93.01 | 36.8 | 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) | 83.36 | 0.16 | 10.16 | 36.8 | -0.86 | -2.85 | 14.63 | 2.74 | -23.44 | 0 | 0 | 0 | 88.2 | -3.31 | -1.52 | 1.75 | -58.82 | -59.3 | 42.99 | 2.38 | 3.42 | 12.36 | 2.78 | 1.82 | 100.57 | 1.42 | 0.75 | 1.76 | -0.56 | 0.0 | 126.58 | 5.6 | -1.62 | 0 | 0 | 0 | 95.49 | 0.0 | 0.0 | 35.31 | 0.0 | 2.65 | 10.94 | 0.0 | 31.65 | 65.75 | 2.73 | 3.12 | 112.0 | 1.6 | 5.18 | -3.75 | -1685.71 | -197.62 | 62.0 | -2.81 | -0.8 | 0.00 | 0 | 0 |
| 24Q2 (19) | 83.23 | 6.58 | 8.01 | 37.12 | 7.07 | -19.29 | 14.24 | -8.37 | -25.25 | 0 | 0 | 0 | 91.22 | 10.37 | 4.8 | 4.25 | -2.52 | 9.82 | 41.99 | 3.55 | 5.48 | 12.03 | 2.31 | 7.7 | 99.16 | -3.84 | -3.64 | 1.77 | 1.72 | 16.45 | 119.87 | -0.9 | -7.0 | 0 | 0 | 0 | 95.49 | 0.0 | 0.0 | 35.31 | 2.65 | 2.65 | 10.94 | 31.65 | 31.65 | 64.0 | 1.15 | 7.64 | 110.24 | 4.01 | 7.89 | -0.21 | 92.25 | 97.68 | 63.79 | 5.33 | 26.52 | 0.00 | 0 | 0 |
| 24Q1 (18) | 78.09 | 3.61 | 16.92 | 34.67 | 3.22 | -22.72 | 15.54 | -25.14 | -19.06 | 0 | 0 | 0 | 82.65 | -3.49 | 0.55 | 4.36 | -1.58 | 214.74 | 40.55 | 14.61 | -5.98 | 11.76 | 14.46 | 1.92 | 103.12 | 6.55 | -4.66 | 1.74 | 4.19 | 10.13 | 120.96 | 2.07 | -10.2 | 0 | 0 | 0 | 95.49 | 0.0 | 5.0 | 34.4 | 0.0 | 1.21 | 8.31 | 0.0 | -57.84 | 63.27 | -7.58 | 28.7 | 105.99 | -4.67 | 3.05 | -2.71 | 75.23 | 68.45 | 60.56 | 5.29 | 49.27 | 0.00 | 0 | 0 |
| 23Q4 (17) | 75.37 | -0.4 | 6.8 | 33.59 | -11.33 | -26.82 | 20.76 | 8.63 | 19.59 | 0 | 0 | 0 | 85.64 | -4.38 | 2.5 | 4.43 | 3.02 | 182.19 | 35.38 | -14.89 | -9.56 | 10.27 | -15.41 | 1.4 | 96.78 | -3.05 | -21.51 | 1.67 | -5.11 | 3.73 | 118.51 | -7.9 | -15.46 | 0 | 0 | 0 | 95.49 | 0.0 | 5.0 | 34.4 | 0.0 | 1.21 | 8.31 | 0.0 | -57.84 | 68.46 | 7.37 | 19.06 | 111.18 | 4.41 | -0.02 | -10.94 | -768.25 | -31.65 | 57.52 | -7.97 | 16.93 | 0.00 | 0 | 0 |
| 23Q3 (16) | 75.67 | -1.8 | 45.38 | 37.88 | -17.63 | -34.33 | 19.11 | 0.31 | 27.74 | 0 | 0 | 0 | 89.56 | 2.9 | -13.58 | 4.3 | 11.11 | 86.15 | 41.57 | 4.42 | -19.95 | 12.14 | 8.71 | -9.92 | 99.82 | -3.0 | -28.81 | 1.76 | 15.79 | 16.56 | 128.67 | -0.17 | -13.46 | 0 | 0 | 0 | 95.49 | 0.0 | 5.0 | 34.4 | 0.0 | 1.21 | 8.31 | 0.0 | -57.84 | 63.76 | 7.23 | 2.64 | 106.48 | 4.21 | -8.06 | -1.26 | 86.06 | 67.53 | 62.5 | 23.96 | 7.31 | 0.00 | 0 | 0 |
| 23Q2 (15) | 77.06 | 15.38 | 24.31 | 45.99 | 2.52 | -24.58 | 19.05 | -0.78 | 46.54 | 0 | 0 | 0 | 87.04 | 5.89 | -16.72 | 3.87 | 201.84 | -15.5 | 39.81 | -7.7 | -29.34 | 11.17 | -3.17 | -26.51 | 102.91 | -4.85 | -29.53 | 1.52 | -3.8 | 6.29 | 128.89 | -4.31 | -16.86 | 0 | 0 | 0 | 95.49 | 5.0 | 5.0 | 34.4 | 1.21 | 1.21 | 8.31 | -57.84 | -57.84 | 59.46 | 20.95 | -0.59 | 102.18 | -0.65 | -9.98 | -9.04 | -5.24 | 18.63 | 50.42 | 24.28 | 3.53 | 0.00 | 0 | 0 |
| 23Q1 (14) | 66.79 | -5.36 | 15.61 | 44.86 | -2.27 | -15.98 | 19.2 | 10.6 | 65.09 | 0 | 0 | 0 | 82.2 | -1.62 | -13.01 | -3.8 | 29.5 | -303.21 | 43.13 | 10.25 | -15.22 | 11.54 | 13.87 | -18.86 | 108.16 | -12.28 | -21.82 | 1.58 | -1.86 | 13.67 | 134.7 | -3.92 | -9.41 | 0 | 0 | 0 | 90.94 | 0.0 | 0.0 | 33.99 | 0.0 | 2.75 | 19.71 | 0.0 | 23.11 | 49.16 | -14.5 | -17.83 | 102.85 | -7.51 | -5.57 | -8.59 | -3.37 | 32.68 | 40.57 | -17.52 | -13.81 | 0.00 | 0 | 0 |
| 22Q4 (13) | 70.57 | 35.58 | 18.55 | 45.9 | -20.42 | 22.5 | 17.36 | 16.04 | 6.18 | 0 | 0 | 0 | 83.55 | -19.38 | 1.11 | -5.39 | -333.33 | -33.09 | 39.12 | -24.67 | -1.26 | 10.13 | -24.85 | -10.78 | 123.3 | -12.06 | -1.86 | 1.61 | 6.62 | 21.05 | 140.19 | -5.72 | 1.47 | 0 | 0 | 0 | 90.94 | 0.0 | 0.0 | 33.99 | 0.0 | 2.75 | 19.71 | 0.0 | 23.11 | 57.5 | -7.44 | -14.26 | 111.2 | -3.99 | -4.26 | -8.31 | -114.18 | 57.84 | 49.19 | -15.54 | 3.89 | 0.00 | 0 | 0 |
| 22Q3 (12) | 52.05 | -16.03 | -16.59 | 57.68 | -5.41 | 56.1 | 14.96 | 15.08 | -14.66 | 0 | 0 | 0 | 103.63 | -0.84 | 16.33 | 2.31 | -49.56 | 5.96 | 51.93 | -7.83 | 12.57 | 13.48 | -11.31 | 1.79 | 140.21 | -3.99 | 33.7 | 1.51 | 5.59 | 17.05 | 148.69 | -4.09 | 8.72 | 0 | 0 | 0 | 90.94 | 0.0 | 0.0 | 33.99 | 0.0 | 2.75 | 19.71 | 0.0 | 23.11 | 62.12 | 3.86 | -12.77 | 115.82 | 2.04 | -3.72 | -3.88 | 65.08 | 80.17 | 58.24 | 19.59 | 12.78 | 0.00 | 0 | 0 |
| 22Q2 (11) | 61.99 | 7.3 | -0.37 | 60.98 | 14.22 | 73.24 | 13.0 | 11.78 | -20.44 | 0 | 0 | 0 | 104.51 | 10.6 | 14.08 | 4.58 | 144.92 | 8.53 | 56.34 | 10.75 | 28.48 | 15.20 | 6.9 | 18.85 | 146.03 | 5.55 | 46.54 | 1.43 | 2.88 | 10.85 | 155.03 | 4.26 | 20.71 | 0 | 0 | -100.0 | 90.94 | 0.0 | 0.0 | 33.99 | 2.75 | 5.79 | 19.71 | 23.11 | 48.2 | 59.81 | -0.03 | -17.72 | 113.51 | 4.21 | -3.9 | -11.11 | 12.93 | 41.68 | 48.7 | 3.46 | -9.21 | 0.00 | 0 | 0 |
| 22Q1 (10) | 57.77 | -2.96 | -20.44 | 53.39 | 42.49 | 82.78 | 11.63 | -28.87 | -52.0 | 0 | 0 | 0 | 94.49 | 14.35 | 10.33 | 1.87 | 146.17 | -72.62 | 50.87 | 28.39 | 22.14 | 14.22 | 25.22 | 10.61 | 138.35 | 10.12 | 58.82 | 1.39 | 4.51 | 2.21 | 148.7 | 7.63 | 21.77 | 0 | 0 | 0 | 90.94 | 0.0 | 0.0 | 33.08 | 0.0 | 2.96 | 16.01 | 0.0 | 20.38 | 59.83 | -10.78 | -12.62 | 108.92 | -6.22 | -4.37 | -12.76 | 35.26 | 22.1 | 47.07 | -0.59 | -9.64 | 0.00 | 0 | 0 |
| 21Q4 (9) | 59.53 | -4.6 | -29.84 | 37.47 | 1.41 | 56.12 | 16.35 | -6.73 | -35.04 | 0 | 0 | 0 | 82.63 | -7.24 | 0.72 | -4.05 | -285.78 | -211.57 | 39.62 | -14.11 | 3.04 | 11.35 | -14.26 | -10.65 | 125.64 | 19.81 | 63.4 | 1.33 | 3.1 | 1.53 | 138.16 | 1.02 | 16.65 | 0 | 0 | 0 | 90.94 | 0.0 | 0.0 | 33.08 | 0.0 | 2.96 | 16.01 | 0.0 | 20.38 | 67.06 | -5.83 | -5.19 | 116.15 | -3.45 | -0.02 | -19.71 | -0.72 | -23.11 | 47.35 | -8.31 | -13.47 | 0.00 | 0 | 0 |
| 21Q3 (8) | 62.4 | 0.29 | -29.46 | 36.95 | 4.97 | 32.72 | 17.53 | 7.28 | -30.33 | 0 | 0 | 0 | 89.08 | -2.76 | 6.52 | 2.18 | -48.34 | -67.66 | 46.13 | 5.2 | 12.05 | 13.24 | 3.55 | -5.1 | 104.87 | 5.24 | 54.63 | 1.29 | 0.0 | 84.29 | 136.77 | 6.49 | 15.35 | 0 | -100.0 | -100.0 | 90.94 | 0.0 | 0.0 | 33.08 | 2.96 | 2.96 | 16.01 | 20.38 | 20.38 | 71.21 | -2.04 | 5.73 | 120.3 | 1.85 | 6.67 | -19.57 | -2.73 | -12.28 | 51.64 | -3.73 | 3.45 | 0.00 | 0 | 0 |
| 21Q2 (7) | 62.22 | -14.31 | -19.92 | 35.2 | 20.51 | 41.03 | 16.34 | -32.56 | -34.59 | 0 | 0 | 0 | 91.61 | 6.97 | 25.94 | 4.22 | -38.21 | -8.26 | 43.85 | 5.28 | 10.54 | 12.79 | -0.51 | 0 | 99.65 | 14.4 | 46.48 | 1.29 | -5.15 | 22.86 | 128.43 | 5.17 | 10.25 | 0.6 | 0 | -15.49 | 90.94 | 0.0 | 0.0 | 32.13 | 0.0 | 0.0 | 13.3 | 0.0 | 0.0 | 72.69 | 6.16 | 19.93 | 118.12 | 3.71 | 11.39 | -19.05 | -16.3 | -5.6 | 53.64 | 2.98 | 26.0 | 0.00 | 0 | 0 |
| 21Q1 (6) | 72.61 | -14.43 | -15.04 | 29.21 | 21.71 | 23.93 | 24.23 | -3.73 | 33.28 | 0 | 0 | 0 | 85.64 | 4.39 | 33.42 | 6.83 | 88.15 | 230.1 | 41.65 | 8.32 | 23.08 | 12.85 | 1.15 | 0 | 87.11 | 13.29 | 15.78 | 1.36 | 3.82 | 83.78 | 122.12 | 3.11 | -3.52 | 0 | 0 | -100.0 | 90.94 | 0.0 | 4.0 | 32.13 | 0.0 | 3.21 | 13.3 | 0.0 | 37.25 | 68.47 | -3.2 | 6.78 | 113.9 | -1.95 | 8.54 | -16.38 | -2.31 | -15.51 | 52.09 | -4.81 | 4.31 | 0.00 | 0 | 0 |
| 20Q4 (5) | 84.85 | -4.08 | 11.25 | 24.0 | -13.79 | 1.14 | 25.17 | 0.04 | 94.81 | 0 | 0 | 0 | 82.04 | -1.9 | 10.12 | 3.63 | -46.14 | 450.0 | 38.45 | -6.61 | 4.26 | 12.71 | -8.93 | 0 | 76.89 | 13.37 | -3.05 | 1.31 | 87.14 | 79.45 | 118.44 | -0.11 | -9.32 | 0 | -100.0 | -100.0 | 90.94 | 0.0 | 4.0 | 32.13 | 0.0 | 3.21 | 13.3 | 0.0 | 37.25 | 70.73 | 5.02 | -2.92 | 116.17 | 3.01 | 2.19 | -16.01 | 8.15 | -20.38 | 54.72 | 9.62 | -8.13 | 0.00 | 0 | 0 |
| 20Q3 (4) | 88.46 | 13.85 | 0.0 | 27.84 | 11.54 | 0.0 | 25.16 | 0.72 | 0.0 | 0 | 0 | 0.0 | 83.63 | 14.97 | 0.0 | 6.74 | 46.52 | 0.0 | 41.17 | 3.78 | 0.0 | 13.95 | 0 | 0.0 | 67.82 | -0.31 | 0.0 | 0.7 | -33.33 | 0.0 | 118.57 | 1.79 | 0.0 | 0.66 | -7.04 | 0.0 | 90.94 | 0.0 | 0.0 | 32.13 | 0.0 | 0.0 | 13.3 | 0.0 | 0.0 | 67.35 | 11.12 | 0.0 | 112.78 | 6.36 | 0.0 | -17.43 | 3.38 | 0.0 | 49.92 | 17.27 | 0.0 | 0.00 | 0 | 0.0 |
