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) | 50.89 | -38.39 | 5.6 | 250.0 | 0.52 | 205.88 | 0 | 0 | 385.07 | 30.29 | 56.52 | 0 | 29.07 | 9.29 | 7.55 | -16.12 | 44.81 | 5.29 | 258.0 | 16.36 | 0 | 0 | 7.94 | 46.77 | 55.36 | 0.0 | 100.05 | 0.0 | 10.26 | 0.0 | 124.11 | 30.38 | 234.42 | 14.07 | -6.11 | 0 | 118.0 | 29.33 | 0.09 | -9.72 |
| 2022 (9) | 82.6 | -29.08 | 1.6 | 14.29 | 0.17 | 0 | 0 | 0 | 295.54 | -5.05 | -77.58 | 0 | 26.6 | 27.39 | 9.00 | 34.17 | 42.56 | 9.3 | 221.73 | -15.69 | 0.52 | -24.64 | 5.41 | 23.52 | 55.36 | 0.0 | 100.05 | 4.43 | 10.26 | -0.19 | 95.19 | -53.75 | 205.5 | -34.12 | -3.95 | 0 | 91.24 | -54.62 | 0.10 | 30.8 |
| 2021 (8) | 116.47 | 11.95 | 1.4 | -34.88 | 0 | 0 | 0 | 0 | 311.25 | 0.81 | 41.82 | 27.62 | 20.88 | -4.31 | 6.71 | -5.08 | 38.94 | 2.2 | 262.99 | 5.25 | 0.69 | 23.21 | 4.38 | 17.11 | 55.36 | 0.0 | 95.81 | 3.5 | 10.28 | 0.0 | 205.83 | 0.18 | 311.92 | 1.17 | -4.78 | 0 | 201.05 | 1.08 | 0.08 | 0.59 |
| 2020 (7) | 104.04 | 81.16 | 2.15 | -65.04 | 0.38 | 533.33 | 0 | 0 | 308.75 | -3.72 | 32.77 | 0 | 21.82 | -17.6 | 7.07 | -14.41 | 38.1 | -17.5 | 249.88 | 1.1 | 0.56 | 27.27 | 3.74 | -22.73 | 55.36 | 0.0 | 92.57 | 0.0 | 10.28 | -0.19 | 205.45 | 18.71 | 308.3 | 11.73 | -6.55 | 0 | 198.9 | 20.51 | 0.08 | -3.44 |
| 2019 (6) | 57.43 | -60.2 | 6.15 | -4.65 | 0.06 | 0 | 0 | 0 | 320.68 | -8.04 | -24.66 | 0 | 26.48 | -15.4 | 8.26 | -8.01 | 46.18 | 13.46 | 247.15 | -18.93 | 0.44 | 0 | 4.84 | 59.21 | 55.36 | -60.0 | 92.57 | 4.03 | 10.3 | -1.62 | 173.07 | -23.04 | 275.93 | -14.92 | -8.02 | 0 | 165.05 | -24.88 | 0.08 | 25.28 |
| 2018 (5) | 144.29 | 4.44 | 6.45 | -13.42 | 0 | 0 | 0 | 0 | 348.7 | -10.38 | 35.93 | -12.49 | 31.3 | 8.34 | 8.98 | 20.89 | 40.7 | -8.83 | 304.87 | 4.78 | 0 | 0 | 3.04 | 96.13 | 138.41 | 0.0 | 88.98 | 4.84 | 10.47 | -0.48 | 224.87 | 7.62 | 324.32 | 6.57 | -5.16 | 0 | 219.71 | 3.82 | 0.06 | 0.62 |
| 2017 (4) | 138.16 | -2.92 | 7.45 | -2.99 | 0 | 0 | 0 | 0 | 389.08 | -4.48 | 41.06 | 28.76 | 28.89 | 1.3 | 7.43 | 6.05 | 44.64 | -11.57 | 290.96 | 3.98 | 0 | 0 | 1.55 | 8.39 | 138.41 | 0.0 | 84.87 | 3.91 | 10.52 | 0.0 | 208.95 | 7.71 | 304.34 | 6.34 | 2.68 | -51.62 | 211.63 | 6.06 | 0.06 | 2.88 |
| 2016 (3) | 142.32 | 11.9 | 7.68 | 2.95 | 0 | 0 | 0 | 0 | 407.33 | 10.44 | 31.89 | 0.73 | 28.52 | 2.33 | 7.00 | -7.34 | 50.48 | 0.08 | 279.82 | -2.07 | 0 | 0 | 1.43 | -31.25 | 138.41 | 0.0 | 81.68 | 4.02 | 10.52 | 0.0 | 194.0 | 2.66 | 286.2 | 2.95 | 5.54 | -62.31 | 199.54 | -2.03 | 0.06 | 4.84 |
| 2015 (2) | 127.18 | 13.43 | 7.46 | 14.77 | 0.16 | 14.29 | 0 | 0 | 368.84 | 2.6 | 31.66 | 23.77 | 27.87 | 1.57 | 7.56 | -1.0 | 50.44 | -11.59 | 285.74 | 0.13 | 0 | 0 | 2.08 | -15.45 | 138.41 | 0.0 | 78.52 | 3.37 | 10.52 | -0.47 | 188.97 | 6.35 | 278.0 | 5.22 | 14.7 | -17.69 | 203.67 | 4.15 | 0.06 | 3.74 |
| 2014 (1) | 112.12 | 2.42 | 6.5 | -32.85 | 0.14 | 133.33 | 0 | 0 | 359.51 | 1.16 | 25.58 | 1.03 | 27.44 | -11.02 | 7.63 | -12.04 | 57.05 | -0.82 | 285.38 | 4.93 | 0.36 | 0 | 2.46 | 30.85 | 138.41 | 0.0 | 75.96 | 3.45 | 10.57 | -23.02 | 177.69 | 5.76 | 264.22 | 3.55 | 17.86 | 80.22 | 195.55 | 9.91 | 0.06 | 4.83 |
| 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) | 45.81 | -5.59 | -9.27 | 36.9 | 985.29 | 547.37 | 0 | 0 | -100.0 | 0 | 0 | 0 | 83.35 | -28.33 | -9.68 | 8.1 | -32.78 | -39.73 | 30.67 | 1.15 | 13.17 | 7.13 | 3.25 | -6.85 | 60.38 | 37.07 | 55.54 | 262.3 | 2.84 | 5.27 | 0 | 0 | 0 | 8.33 | 0.36 | 23.04 | 55.36 | 0.0 | 0.0 | 105.15 | 0.0 | 5.1 | 10.26 | 0.0 | 0.0 | 119.33 | 7.5 | 6.21 | 234.74 | 3.68 | 5.43 | -1.62 | 46.71 | 68.85 | 117.71 | 9.03 | 9.86 | 0.09 | -0.21 | -3.15 |
| 24Q2 (19) | 48.52 | -10.51 | -9.88 | 3.4 | -25.27 | 0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 116.3 | -5.11 | 23.66 | 12.05 | -3.75 | -22.01 | 30.32 | -5.19 | 6.57 | 6.90 | -9.99 | -18.39 | 44.05 | 12.43 | 24.93 | 255.06 | -3.66 | 10.35 | 0 | 0 | -100.0 | 8.3 | 5.6 | 43.85 | 55.36 | 0.0 | 0.0 | 105.15 | 5.1 | 5.1 | 10.26 | 0.0 | 0.0 | 111.0 | 7.2 | 13.1 | 226.41 | 5.87 | 8.62 | -3.04 | 27.45 | 59.52 | 107.96 | 8.67 | 19.12 | 0.09 | -5.62 | -4.93 |
| 24Q1 (18) | 54.22 | 6.54 | -19.41 | 4.55 | -18.75 | 0 | 0.34 | -34.62 | 0.0 | 0 | 0 | 0 | 122.56 | 13.5 | 35.04 | 12.52 | -2.42 | -15.41 | 31.98 | 10.01 | 12.72 | 7.67 | 1.62 | -15.12 | 39.18 | -12.56 | 10.49 | 264.75 | 2.62 | 14.98 | 0 | 0 | -100.0 | 7.86 | -1.01 | 44.49 | 55.36 | 0.0 | 0.0 | 100.05 | 0.0 | 0.0 | 10.26 | 0.0 | 0.0 | 103.54 | -16.57 | 23.64 | 213.85 | -8.77 | 10.2 | -4.19 | 31.42 | -8.55 | 99.35 | -15.81 | 24.37 | 0.10 | 7.37 | -8.15 |
| 23Q4 (17) | 50.89 | 0.79 | -38.39 | 5.6 | -1.75 | 250.0 | 0.52 | -24.64 | 205.88 | 0 | 0 | 0 | 107.98 | 17.01 | 40.25 | 12.83 | -4.54 | 141.15 | 29.07 | 7.27 | 9.29 | 7.55 | -1.36 | -16.12 | 44.81 | 15.43 | 5.29 | 258.0 | 3.54 | 16.36 | 0 | 0 | -100.0 | 7.94 | 17.28 | 46.77 | 55.36 | 0.0 | 0.0 | 100.05 | 0.0 | 0.0 | 10.26 | 0.0 | 0.0 | 124.11 | 10.47 | 30.38 | 234.42 | 5.28 | 14.07 | -6.11 | -17.5 | -54.68 | 118.0 | 10.13 | 29.33 | 0.09 | -4.23 | -9.72 |
| 23Q3 (16) | 50.49 | -6.22 | -39.62 | 5.7 | 0 | 1040.0 | 0.69 | 32.69 | 0 | 0 | 0 | 0 | 92.28 | -1.88 | 23.93 | 13.44 | -13.01 | 348.89 | 27.1 | -4.75 | 2.92 | 7.65 | -9.54 | -17.82 | 38.82 | 10.1 | 7.59 | 249.18 | 7.81 | 7.63 | 0 | -100.0 | -100.0 | 6.77 | 17.33 | 55.99 | 55.36 | 0.0 | 0.0 | 100.05 | 0.0 | 0.0 | 10.26 | 0.0 | 0.0 | 112.35 | 14.48 | -10.51 | 222.66 | 6.82 | -5.59 | -5.2 | 30.76 | -61.49 | 107.15 | 18.23 | -12.4 | 0.10 | -2.04 | 1.75 |
| 23Q2 (15) | 53.84 | -19.98 | -60.37 | 0 | 0 | -100.0 | 0.52 | 52.94 | 0 | 0 | 0 | 0 | 94.05 | 3.62 | 31.19 | 15.45 | 4.39 | 128.55 | 28.45 | 0.28 | 17.61 | 8.46 | -6.39 | 2.62 | 35.26 | -0.56 | 10.78 | 231.13 | 0.38 | 3.57 | 0.17 | -50.0 | -75.36 | 5.77 | 6.07 | 31.74 | 55.36 | 0.0 | 0.0 | 100.05 | 0.0 | 0.0 | 10.26 | 0.0 | -0.19 | 98.14 | 17.2 | -24.99 | 208.44 | 7.42 | -13.57 | -7.51 | -94.56 | -54.21 | 90.63 | 13.46 | -28.05 | 0.10 | -8.82 | 5.82 |
| 23Q1 (14) | 67.28 | -18.55 | -42.41 | 0 | -100.0 | -100.0 | 0.34 | 100.0 | 0 | 0 | 0 | 0 | 90.76 | 17.89 | 25.36 | 14.8 | 147.47 | 12.8 | 28.37 | 6.65 | 27.16 | 9.04 | 0.42 | 20.4 | 35.46 | -16.68 | 5.76 | 230.26 | 3.85 | -16.52 | 0.34 | -34.62 | -50.72 | 5.44 | 0.55 | 25.64 | 55.36 | 0.0 | 0.0 | 100.05 | 0.0 | 4.43 | 10.26 | 0.0 | -0.19 | 83.74 | -12.03 | -61.79 | 194.05 | -5.57 | -40.33 | -3.86 | 2.28 | -565.52 | 79.88 | -12.45 | -63.45 | 0.11 | 5.54 | 38.5 |
| 22Q4 (13) | 82.6 | -1.22 | -29.08 | 1.6 | 220.0 | 14.29 | 0.17 | 0 | 0 | 0 | 0 | 0 | 76.99 | 3.4 | 20.0 | -31.18 | -477.41 | -423.78 | 26.6 | 1.03 | 27.39 | 9.00 | -3.36 | 34.17 | 42.56 | 17.96 | 9.3 | 221.73 | -4.23 | -15.69 | 0.52 | -24.64 | -24.64 | 5.41 | 24.65 | 23.52 | 55.36 | 0.0 | 0.0 | 100.05 | 0.0 | 4.43 | 10.26 | 0.0 | -0.19 | 95.19 | -24.18 | -53.75 | 205.5 | -12.87 | -34.12 | -3.95 | -22.67 | 17.36 | 91.24 | -25.41 | -54.62 | 0.10 | 7.94 | 30.8 |
| 22Q3 (12) | 83.62 | -38.46 | -25.27 | 0.5 | -54.55 | -64.29 | 0 | 0 | 0 | 0 | 0 | 0 | 74.46 | 3.86 | -12.54 | -5.4 | 90.02 | -179.3 | 26.33 | 8.85 | 22.69 | 9.31 | 12.96 | 41.99 | 36.08 | 13.35 | 0.95 | 231.52 | 3.75 | -9.35 | 0.69 | 0.0 | 0.0 | 4.34 | -0.91 | 11.28 | 55.36 | 0.0 | 0.0 | 100.05 | 0.0 | 4.43 | 10.26 | -0.19 | -0.19 | 125.54 | -4.04 | -36.01 | 235.85 | -2.2 | -21.97 | -3.22 | 33.88 | 46.78 | 122.32 | -2.89 | -35.67 | 0.10 | 1.87 | 21.02 |
| 22Q2 (11) | 135.87 | 16.3 | 31.22 | 1.1 | 0.0 | 29.41 | 0 | 0 | -100.0 | 0 | 0 | 0 | 71.69 | -0.98 | -5.06 | -54.12 | -512.5 | -531.58 | 24.19 | 8.43 | 14.21 | 8.24 | 9.84 | 25.71 | 31.83 | -5.07 | -29.08 | 223.16 | -19.1 | -11.89 | 0.69 | 0.0 | 122.58 | 4.38 | 1.15 | 14.06 | 55.36 | 0.0 | 0.0 | 100.05 | 4.43 | 4.43 | 10.28 | 0.0 | 0.0 | 130.83 | -40.3 | -30.92 | 241.16 | -25.85 | -18.38 | -4.87 | -739.66 | 25.76 | 125.96 | -42.37 | -31.1 | 0.09 | 19.34 | 17.7 |
| 22Q1 (10) | 116.83 | 0.31 | 23.51 | 1.1 | -21.43 | -40.54 | 0 | 0 | -100.0 | 0 | 0 | 0 | 72.4 | 12.84 | -16.25 | 13.12 | 36.24 | 2.18 | 22.31 | 6.85 | -4.0 | 7.51 | 11.9 | 2.9 | 33.53 | -13.89 | -12.09 | 275.84 | 4.89 | 7.17 | 0.69 | 0.0 | 56.82 | 4.33 | -1.14 | 11.6 | 55.36 | 0.0 | 0.0 | 95.81 | 0.0 | 3.5 | 10.28 | 0.0 | 0.0 | 219.14 | 6.47 | 0.36 | 325.23 | 4.27 | 1.25 | -0.58 | 87.87 | 90.12 | 218.56 | 8.71 | 2.86 | 0.08 | -0.32 | 1.78 |
| 21Q4 (9) | 116.47 | 4.09 | 11.95 | 1.4 | 0.0 | -34.88 | 0 | 0 | -100.0 | 0 | 0 | 0 | 64.16 | -24.64 | -19.88 | 9.63 | 41.41 | 18.6 | 20.88 | -2.7 | -4.31 | 6.71 | 2.27 | -5.08 | 38.94 | 8.95 | 2.2 | 262.99 | 2.97 | 5.25 | 0.69 | 0.0 | 23.21 | 4.38 | 12.31 | 17.11 | 55.36 | 0.0 | 0.0 | 95.81 | 0.0 | 3.5 | 10.28 | 0.0 | 0.0 | 205.83 | 4.92 | 0.18 | 311.92 | 3.19 | 1.17 | -4.78 | 20.99 | 27.02 | 201.05 | 5.74 | 1.08 | 0.08 | -0.13 | 0.59 |
| 21Q3 (8) | 111.89 | 8.06 | 30.39 | 1.4 | 64.71 | -42.86 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 85.14 | 12.75 | 5.25 | 6.81 | -45.69 | -27.78 | 21.46 | 1.32 | -21.62 | 6.56 | 0.01 | -26.85 | 35.74 | -20.37 | 7.88 | 255.41 | 0.84 | 4.29 | 0.69 | 122.58 | 0.0 | 3.9 | 1.56 | 12.39 | 55.36 | 0.0 | 0.0 | 95.81 | 0.0 | 3.5 | 10.28 | 0.0 | 0.0 | 196.18 | 3.59 | -0.75 | 302.27 | 2.3 | 0.58 | -6.05 | 7.77 | 35.36 | 190.13 | 4.0 | 0.97 | 0.08 | -0.93 | 2.01 |
| 21Q2 (7) | 103.54 | 9.46 | 34.89 | 0.85 | -54.05 | -75.0 | 0.38 | -13.64 | 100.0 | 0 | 0 | 0 | 75.51 | -12.65 | 6.11 | 12.54 | -2.34 | 37.35 | 21.18 | -8.86 | -8.19 | 6.56 | -10.09 | 0 | 44.88 | 17.67 | 23.91 | 253.28 | -1.6 | 6.12 | 0.31 | -29.55 | -61.73 | 3.84 | -1.03 | 7.56 | 55.36 | 0.0 | 0.0 | 95.81 | 3.5 | 3.5 | 10.28 | 0.0 | 0.0 | 189.38 | -13.27 | 0.65 | 295.48 | -8.01 | 1.54 | -6.56 | -11.75 | 39.2 | 182.82 | -13.96 | 3.08 | 0.08 | 3.2 | 4.07 |
| 21Q1 (6) | 94.59 | -9.08 | 61.28 | 1.85 | -13.95 | -67.83 | 0.44 | 15.79 | 238.46 | 0 | 0 | 0 | 86.45 | 7.95 | 12.83 | 12.84 | 58.13 | 110.84 | 23.24 | 6.51 | -3.61 | 7.29 | 3.22 | 0 | 38.14 | 0.1 | -1.78 | 257.39 | 3.01 | 5.04 | 0.44 | -21.43 | 15.79 | 3.88 | 3.74 | -16.38 | 55.36 | 0.0 | 0.0 | 92.57 | 0.0 | 0.0 | 10.28 | 0.0 | 0.0 | 218.36 | 6.28 | 21.93 | 321.21 | 4.19 | 13.93 | -5.87 | 10.38 | 45.65 | 212.49 | 6.83 | 26.27 | 0.08 | -1.49 | -3.55 |
| 20Q4 (5) | 104.04 | 21.24 | 81.16 | 2.15 | -12.24 | -65.04 | 0.38 | 22.58 | 533.33 | 0 | 0 | 0 | 80.08 | -1.0 | 4.42 | 8.12 | -13.89 | 128.88 | 21.82 | -20.31 | -17.6 | 7.07 | -21.18 | 0 | 38.1 | 15.0 | -17.5 | 249.88 | 2.03 | 1.1 | 0.56 | -18.84 | 27.27 | 3.74 | 7.78 | -22.73 | 55.36 | 0.0 | 0.0 | 92.57 | 0.0 | 0.0 | 10.28 | 0.0 | -0.19 | 205.45 | 3.94 | 18.71 | 308.3 | 2.59 | 11.73 | -6.55 | 30.02 | 18.33 | 198.9 | 5.62 | 20.51 | 0.08 | 1.28 | -3.44 |
| 20Q3 (4) | 85.81 | 11.79 | 0.0 | 2.45 | -27.94 | 0.0 | 0.31 | 63.16 | 0.0 | 0 | 0 | 0.0 | 80.89 | 13.67 | 0.0 | 9.43 | 3.29 | 0.0 | 27.38 | 18.68 | 0.0 | 8.97 | 0 | 0.0 | 33.13 | -8.53 | 0.0 | 244.9 | 2.61 | 0.0 | 0.69 | -14.81 | 0.0 | 3.47 | -2.8 | 0.0 | 55.36 | 0.0 | 0.0 | 92.57 | 0.0 | 0.0 | 10.28 | 0.0 | 0.0 | 197.67 | 5.06 | 0.0 | 300.52 | 3.27 | 0.0 | -9.36 | 13.25 | 0.0 | 188.31 | 6.17 | 0.0 | 0.08 | 1.07 | 0.0 |
