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) | 30.21 | 94.15 | 0 | 0 | 0 | 0 | 0 | 0 | 110.91 | -3.04 | 36.7 | 41.43 | 8.97 | -27.13 | 8.09 | -24.85 | 39.3 | 26.9 | 2.67 | -3.61 | 28.3 | -10.61 | 55.59 | 12.08 | 41.71 | 0.0 | 27.08 | 10.89 | 0 | 0 | 95.97 | 18.39 | 123.06 | 16.67 | 65.14 | 16.99 | 161.11 | 17.82 | 0.13 | -0.74 |
| 2022 (9) | 15.56 | -63.93 | 0 | 0 | 1.5 | 0 | 0 | 0 | 114.39 | -15.95 | 25.95 | 103.05 | 12.31 | -32.29 | 10.76 | -19.44 | 30.97 | -2.06 | 2.77 | 5.73 | 31.66 | -0.91 | 49.6 | 17.45 | 41.71 | -0.69 | 24.42 | 6.41 | 0 | 0 | 81.06 | 18.51 | 105.48 | 15.47 | 55.68 | -35.14 | 136.74 | -11.35 | 0.13 | 8.7 |
| 2021 (8) | 43.14 | 2.25 | 1.0 | -85.51 | 0 | 0 | 0 | 0 | 136.09 | 45.55 | 12.78 | 22.41 | 18.18 | 77.54 | 13.36 | 21.98 | 31.62 | 213.38 | 2.62 | 1.95 | 31.95 | 88.72 | 42.23 | 54.12 | 42.0 | 5.16 | 22.95 | 4.75 | 0 | 0 | 68.4 | 7.77 | 91.35 | 6.99 | 85.84 | 636.19 | 154.24 | 105.3 | 0.12 | -29.73 |
| 2020 (7) | 42.19 | 25.6 | 6.9 | 245.0 | 3.0 | 0 | 0 | 0 | 93.5 | 13.09 | 10.44 | 10.24 | 10.24 | 68.7 | 10.95 | 49.18 | 10.09 | 53.34 | 2.57 | 19.53 | 16.93 | 380.97 | 27.4 | 203.1 | 39.94 | 0.0 | 21.91 | 4.53 | 0 | 0 | 63.47 | 2.5 | 85.38 | 3.02 | 11.66 | 581.87 | 75.13 | 18.07 | 0.17 | 14.67 |
| 2019 (6) | 33.59 | -2.18 | 2.0 | 0 | 0 | 0 | 0 | 0 | 82.68 | -22.62 | 9.47 | -3.37 | 6.07 | -32.18 | 7.34 | -12.35 | 6.58 | -21.67 | 2.15 | -55.3 | 3.52 | 0 | 9.04 | 6853.85 | 39.94 | -1.48 | 20.96 | 4.9 | 0 | 0 | 61.92 | 1.03 | 82.88 | 1.99 | 1.71 | -17.79 | 63.63 | 0.41 | 0.15 | 3.32 |
| 2018 (5) | 34.34 | 45.2 | 0 | 0 | 0 | 0 | 0 | 0 | 106.85 | 1.25 | 9.8 | -17.85 | 8.95 | -68.5 | 8.38 | -68.89 | 8.4 | -11.21 | 4.81 | 0.0 | 0 | 0 | 0.13 | 0.0 | 40.54 | 0.0 | 19.98 | 6.33 | 0 | 0 | 61.29 | 0.87 | 81.26 | 2.15 | 2.08 | 144.71 | 63.37 | 2.86 | 0.14 | 18.34 |
| 2017 (4) | 23.65 | 17.96 | 0.5 | 0 | 0 | 0 | 0 | 0 | 105.53 | 9.28 | 11.93 | 61.43 | 28.41 | 18.47 | 26.92 | 8.41 | 9.46 | 58.19 | 4.81 | -2.63 | 0 | 0 | 0.13 | 62.5 | 40.54 | 0.0 | 18.79 | 4.1 | 0 | 0 | 60.76 | 7.14 | 79.55 | 6.41 | 0.85 | 0 | 61.61 | 20.29 | 0.12 | -4.88 |
| 2016 (3) | 20.05 | -6.22 | 0 | 0 | 0 | 0 | 0 | 0 | 96.57 | 26.07 | 7.39 | 11.97 | 23.98 | -12.26 | 24.83 | -30.4 | 5.98 | -50.0 | 4.94 | -76.69 | 0.6 | 0 | 0.08 | 14.29 | 40.54 | 0.0 | 18.05 | 3.8 | 0 | 0 | 56.71 | 0.64 | 74.76 | 1.4 | -5.49 | 0 | 51.22 | -7.28 | 0.12 | 0 |
| 2015 (2) | 21.38 | 36.53 | 0.01 | 0 | 0 | 0 | 0 | 0 | 76.6 | -14.79 | 6.6 | -33.67 | 27.33 | 3.48 | 35.68 | 21.45 | 11.96 | -60.34 | 21.19 | -20.25 | 0 | 0 | 0.07 | 0 | 40.54 | 0.0 | 17.39 | 6.1 | 0 | 0 | 56.35 | -2.37 | 73.73 | -0.51 | -1.11 | 0 | 55.24 | -11.49 | 0.00 | 0 |
| 2014 (1) | 15.66 | 0 | 0 | 0 | 0.35 | 0 | 0 | 0 | 89.9 | 0 | 9.95 | 0 | 26.41 | 0 | 29.38 | 0 | 30.16 | 0 | 26.57 | 0 | 0.5 | 0 | 0 | 0 | 40.54 | 0 | 16.39 | 0 | 0 | 0 | 57.72 | 0 | 74.11 | 0 | 4.69 | 0 | 62.41 | 0 | 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) | 20.97 | 6.83 | -11.82 | 0 | 0 | 0 | 1.11 | 0.0 | 30.59 | 0 | 0 | 0 | 32.78 | -1.97 | 6.05 | 8.13 | 2.14 | -11.24 | 15.68 | -13.66 | -8.62 | 13.70 | -15.07 | -8.72 | 45.15 | 2.89 | 51.66 | 2.58 | 3.61 | 3.2 | 26.69 | 0.0 | -2.31 | 53.49 | -1.31 | -4.94 | 41.71 | 0.0 | 0.0 | 30.93 | 0.0 | 14.22 | 0 | 0 | 0 | 86.06 | 10.6 | -6.44 | 116.99 | 7.59 | -1.74 | 88.87 | -0.51 | 57.32 | 174.93 | 4.66 | 17.82 | 0.12 | -0.08 | -8.48 |
| 24Q2 (19) | 19.63 | -27.91 | -16.75 | 0 | 0 | 0 | 1.11 | 0 | -74.48 | 0 | 0 | 0 | 33.44 | 17.33 | -2.71 | 7.96 | 64.8 | -57.32 | 18.16 | 35.52 | 6.39 | 16.13 | 36.64 | 1.61 | 43.88 | 5.08 | 54.07 | 2.49 | -8.12 | 1.63 | 26.69 | -8.91 | -2.27 | 54.2 | -1.29 | -4.81 | 41.71 | 0.0 | 0.0 | 30.93 | 14.22 | 14.22 | 0 | 0 | 0 | 77.81 | -22.81 | -6.05 | 108.74 | -14.97 | -1.06 | 89.33 | 27.45 | 17.97 | 167.14 | -2.19 | 5.42 | 0.12 | -6.4 | 0.18 |
| 24Q1 (18) | 27.23 | -9.86 | 80.69 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 28.5 | 44.6 | 9.95 | 4.83 | 20.15 | -0.82 | 13.4 | 49.39 | -13.27 | 11.81 | 45.99 | -18.69 | 41.76 | 6.26 | 42.48 | 2.71 | 1.5 | -3.21 | 29.3 | 3.53 | -2.85 | 54.91 | -1.22 | 9.38 | 41.71 | 0.0 | 0.0 | 27.08 | 0.0 | 10.89 | 0 | 0 | 0 | 100.8 | 5.03 | 17.29 | 127.89 | 3.92 | 15.89 | 70.09 | 7.6 | 36.1 | 170.89 | 6.07 | 24.34 | 0.13 | -0.75 | -4.55 |
| 23Q4 (17) | 30.21 | 27.04 | 94.15 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 19.71 | -36.23 | -14.71 | 4.02 | -56.11 | -20.4 | 8.97 | -47.73 | -27.13 | 8.09 | -46.12 | -24.85 | 39.3 | 32.01 | 26.9 | 2.67 | 6.8 | -3.61 | 28.3 | 3.59 | -10.61 | 55.59 | -1.21 | 12.08 | 41.71 | 0.0 | 0.0 | 27.08 | 0.0 | 10.89 | 0 | 0 | 0 | 95.97 | 4.34 | 18.39 | 123.06 | 3.36 | 16.67 | 65.14 | 15.31 | 16.99 | 161.11 | 8.51 | 17.82 | 0.13 | -1.41 | -0.74 |
| 23Q3 (16) | 23.78 | 0.85 | 63.77 | 0 | 0 | 0 | 0.85 | -80.46 | -63.83 | 0 | 0 | 0 | 30.91 | -10.07 | 28.2 | 9.16 | -50.88 | 70.9 | 17.16 | 0.53 | 18.84 | 15.01 | -5.45 | 41.95 | 29.77 | 4.53 | 7.32 | 2.5 | 2.04 | -4.94 | 27.32 | 0.04 | -11.33 | 56.27 | -1.18 | 24.71 | 41.71 | 0.0 | 0.0 | 27.08 | 0.0 | 10.89 | 0 | 0 | 0 | 91.98 | 11.06 | 21.36 | 119.06 | 8.33 | 18.81 | 56.49 | -25.4 | 6.3 | 148.47 | -6.35 | 15.16 | 0.13 | 9.38 | 3.04 |
| 23Q2 (15) | 23.58 | 56.47 | 32.1 | 0 | -100.0 | 0 | 4.35 | 190.0 | 85.11 | 0 | 0 | 0 | 34.37 | 32.6 | 3.34 | 18.65 | 282.96 | 54.0 | 17.07 | 10.49 | 2.4 | 15.88 | 9.34 | 39.78 | 28.48 | -2.83 | 24.1 | 2.45 | -12.5 | -0.41 | 27.31 | -9.45 | -11.33 | 56.94 | 13.43 | 30.12 | 41.71 | 0.0 | -0.69 | 27.08 | 10.89 | 10.89 | 0 | 0 | 0 | 82.82 | -3.63 | 17.59 | 109.9 | -0.41 | 15.87 | 75.72 | 47.03 | 10.51 | 158.54 | 15.35 | 14.1 | 0.12 | -10.82 | 0.37 |
| 23Q1 (14) | 15.07 | -3.15 | -49.63 | 0.2 | 0 | 0 | 1.5 | 0.0 | 0 | 0 | 0 | 0 | 25.92 | 12.16 | -23.56 | 4.87 | -3.56 | 41.98 | 15.45 | 25.51 | 0.46 | 14.52 | 34.93 | 31.72 | 29.31 | -5.36 | 7.21 | 2.8 | 1.08 | 6.06 | 30.16 | -4.74 | -9.02 | 50.2 | 1.21 | 18.12 | 41.71 | 0.0 | -0.69 | 24.42 | 0.0 | 6.41 | 0 | 0 | 0 | 85.94 | 6.02 | 18.85 | 110.35 | 4.62 | 15.84 | 51.5 | -7.51 | -43.82 | 137.44 | 0.51 | -16.18 | 0.13 | 3.21 | 14.44 |
| 22Q4 (13) | 15.56 | 7.16 | -63.93 | 0 | 0 | -100.0 | 1.5 | -36.17 | 0 | 0 | 0 | 0 | 23.11 | -4.15 | -48.94 | 5.05 | -5.78 | 76.57 | 12.31 | -14.75 | -32.29 | 10.76 | 1.76 | -19.45 | 30.97 | 11.64 | -2.06 | 2.77 | 5.32 | 5.73 | 31.66 | 2.76 | -0.91 | 49.6 | 9.93 | 17.45 | 41.71 | 0.0 | -0.69 | 24.42 | 0.0 | 6.41 | 0 | 0 | 0 | 81.06 | 6.95 | 18.51 | 105.48 | 5.26 | 15.47 | 55.68 | 4.78 | -35.14 | 136.74 | 6.06 | -11.35 | 0.13 | 2.35 | 8.7 |
| 22Q3 (12) | 14.52 | -18.66 | -67.04 | 0 | 0 | -100.0 | 2.35 | 0.0 | 0 | 0 | 0 | 0 | 24.11 | -27.51 | -29.77 | 5.36 | -55.74 | 10.52 | 14.44 | -13.38 | 1.83 | 10.58 | -6.89 | -12.93 | 27.74 | 20.87 | -29.31 | 2.63 | 6.91 | 6.48 | 30.81 | 0.03 | 5.73 | 45.12 | 3.11 | 16.47 | 41.71 | -0.69 | -0.69 | 24.42 | 0.0 | 6.41 | 0 | 0 | 0 | 75.79 | 7.61 | 18.03 | 100.21 | 5.65 | 14.97 | 53.14 | -22.45 | -12.4 | 128.93 | -7.21 | 3.25 | 0.12 | 6.54 | -2.56 |
| 22Q2 (11) | 17.85 | -40.34 | -61.65 | 0 | 0 | -100.0 | 2.35 | 0 | 0 | 0 | 0 | 0 | 33.26 | -1.92 | 27.87 | 12.11 | 253.06 | 384.4 | 16.67 | 8.39 | 35.86 | 11.36 | 3.03 | -2.24 | 22.95 | -16.06 | -31.27 | 2.46 | -6.82 | 1.65 | 30.8 | -7.09 | 7.92 | 43.76 | 2.96 | 21.12 | 42.0 | 0.0 | 0.0 | 24.42 | 6.41 | 11.46 | 0 | 0 | 0 | 70.43 | -2.6 | 1.88 | 94.85 | -0.43 | 4.18 | 68.52 | -25.25 | -27.58 | 138.95 | -15.26 | -15.14 | 0.12 | 1.69 | 4.2 |
| 22Q1 (10) | 29.92 | -30.64 | -35.35 | 0 | -100.0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 33.91 | -25.08 | 11.25 | 3.43 | 19.93 | 33.46 | 15.38 | -15.4 | 28.7 | 11.02 | -17.48 | -7.59 | 27.34 | -13.54 | 27.16 | 2.64 | 0.76 | 1.15 | 33.15 | 3.76 | 95.69 | 42.5 | 0.64 | 24.52 | 42.0 | 0.0 | -15.88 | 22.95 | 0.0 | 4.75 | 0 | 0 | 0 | 72.31 | 5.72 | 9.06 | 95.26 | 4.28 | 7.99 | 91.67 | 6.79 | 360.65 | 163.98 | 6.31 | 90.23 | 0.11 | -1.96 | -24.47 |
| 21Q4 (9) | 43.14 | -2.07 | 2.25 | 1.0 | -89.47 | -85.51 | 0 | 0 | -100.0 | 0 | 0 | 0 | 45.26 | 31.84 | 74.61 | 2.86 | -41.03 | 18.18 | 18.18 | 28.21 | 77.54 | 13.36 | 9.99 | -9.08 | 31.62 | -19.42 | 213.38 | 2.62 | 6.07 | 1.95 | 31.95 | 9.64 | 88.72 | 42.23 | 9.01 | 54.12 | 42.0 | 0.0 | 5.16 | 22.95 | 0.0 | 4.75 | 0 | 0 | 0 | 68.4 | 6.53 | 7.77 | 91.35 | 4.81 | 6.99 | 85.84 | 41.51 | 636.19 | 154.24 | 23.52 | 105.3 | 0.12 | -8.26 | -29.73 |
| 21Q3 (8) | 44.05 | -5.37 | 9.66 | 9.5 | 137.5 | -9.26 | 0 | 0 | -100.0 | 0 | 0 | 0 | 34.33 | 31.99 | 48.04 | 4.85 | 94.0 | 28.99 | 14.18 | 15.57 | 37.94 | 12.15 | 4.54 | -48.28 | 39.24 | 17.52 | 232.26 | 2.47 | 2.07 | -0.8 | 29.14 | 2.1 | 150.56 | 38.74 | 7.22 | 111.23 | 42.0 | 0.0 | 5.16 | 22.95 | 4.75 | 4.75 | 0 | 0 | 0 | 64.21 | -7.12 | 5.18 | 87.16 | -4.26 | 5.06 | 60.66 | -35.88 | 960.43 | 124.87 | -23.74 | 131.24 | 0.13 | 13.93 | -17.03 |
| 21Q2 (7) | 46.55 | 0.58 | 22.95 | 4.0 | -60.0 | -22.63 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 26.01 | -14.67 | 26.38 | 2.5 | -2.72 | 10.62 | 12.27 | 2.68 | 28.21 | 11.62 | -2.6 | 0 | 33.39 | 55.3 | 243.87 | 2.42 | -7.28 | -2.81 | 28.54 | 68.48 | 251.05 | 36.13 | 5.86 | 148.83 | 42.0 | -15.88 | 5.16 | 21.91 | 0.0 | 0.0 | 0 | 0 | 0 | 69.13 | 4.27 | 20.65 | 91.04 | 3.21 | 14.95 | 94.61 | 375.43 | 1497.49 | 163.74 | 89.95 | 224.05 | 0.11 | -26.29 | -25.86 |
| 21Q1 (6) | 46.28 | 9.69 | 0 | 10.0 | 44.93 | 0 | 3.0 | 0.0 | 0 | 0 | 0 | 0 | 30.48 | 17.59 | 0 | 2.57 | 6.2 | 0 | 11.95 | 16.7 | 0 | 11.93 | -18.81 | 0 | 21.5 | 113.08 | 0 | 2.61 | 1.56 | 0 | 16.94 | 0.06 | 0 | 34.13 | 24.56 | 0 | 49.93 | 25.01 | 0 | 21.91 | 0.0 | 0 | 0 | 0 | 0 | 66.3 | 4.46 | 0 | 88.21 | 3.31 | 0 | 19.9 | 70.67 | 0 | 86.2 | 14.73 | 0 | 0.15 | -8.79 | 0 |
| 20Q4 (5) | 42.19 | 5.03 | 0 | 6.9 | -34.1 | 0 | 3.0 | 0.0 | 0 | 0 | 0 | 0 | 25.92 | 11.77 | 0 | 2.42 | -35.64 | 0 | 10.24 | -0.39 | 0 | 14.69 | -37.44 | 0 | 10.09 | -14.56 | 0 | 2.57 | 3.21 | 0 | 16.93 | 45.57 | 0 | 27.4 | 49.4 | 0 | 39.94 | 0.0 | 0 | 21.91 | 0.0 | 0 | 0 | 0 | 0 | 63.47 | 3.96 | 0 | 85.38 | 2.92 | 0 | 11.66 | 265.39 | 0 | 75.13 | 39.13 | 0 | 0.17 | 8.33 | 0 |
| 20Q3 (4) | 40.17 | 6.1 | 0.0 | 10.47 | 102.51 | 0.0 | 3.0 | 0.0 | 0.0 | 0 | 0 | 0.0 | 23.19 | 12.68 | 0.0 | 3.76 | 66.37 | 0.0 | 10.28 | 7.42 | 0.0 | 23.49 | 0 | 0.0 | 11.81 | 21.63 | 0.0 | 2.49 | 0.0 | 0.0 | 11.63 | 43.05 | 0.0 | 18.34 | 26.31 | 0.0 | 39.94 | 0.0 | 0.0 | 21.91 | 0.0 | 0.0 | 0 | 0 | 0.0 | 61.05 | 6.54 | 0.0 | 82.96 | 4.75 | 0.0 | -7.05 | -4.14 | 0.0 | 54.0 | 6.87 | 0.0 | 0.15 | 1.8 | 0.0 |
