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) | 58.59 | 71.52 | 39.24 | 28.07 | 19.95 | 138.64 | 0 | 0 | 242.7 | 6.54 | 1.69 | 21.58 | 62.04 | -0.74 | 25.56 | -6.83 | 50.71 | -15.69 | 7.73 | -5.73 | 36.67 | -22.72 | 11.63 | -6.74 | 12.03 | 1.52 | 5.6 | 2.56 | 14.03 | -13.23 | 10.72 | 41.24 | 30.35 | 3.87 | -16.51 | 0 | -5.79 | 0 | 0.32 | 13.03 |
| 2022 (9) | 34.16 | 0.83 | 30.64 | 22.95 | 8.36 | 16.6 | 0 | 0 | 227.8 | 12.34 | 1.39 | -79.1 | 62.5 | 14.93 | 27.44 | 2.3 | 60.15 | 19.11 | 8.2 | -29.37 | 47.45 | 34.61 | 12.47 | 12.14 | 11.85 | 0.42 | 5.46 | 6.85 | 16.17 | 13.71 | 7.59 | -33.94 | 29.22 | -5.19 | -14.03 | 0 | -6.44 | 0 | 0.28 | 1.3 |
| 2021 (8) | 33.88 | -25.99 | 24.92 | -11.47 | 7.17 | -49.08 | 0 | 0 | 202.77 | -6.32 | 6.65 | 38.25 | 54.38 | -6.35 | 26.82 | -0.04 | 50.5 | 24.02 | 11.61 | -6.37 | 35.25 | -16.43 | 11.12 | -16.89 | 11.8 | 0.0 | 5.11 | 6.02 | 14.22 | -13.71 | 11.49 | 40.46 | 30.82 | 4.58 | -16.17 | 0 | -4.68 | 0 | 0.28 | 57.48 |
| 2020 (7) | 45.78 | 44.19 | 28.15 | -7.74 | 14.08 | -36.35 | 0 | 0 | 216.44 | -2.68 | 4.81 | -25.31 | 58.07 | 15.15 | 26.83 | 18.32 | 40.72 | -12.49 | 12.4 | 1.64 | 42.18 | 13.78 | 13.38 | -3.18 | 11.8 | 0.0 | 4.82 | 9.05 | 16.48 | 39.66 | 8.18 | -38.36 | 29.47 | -0.07 | -14.22 | 0 | -6.04 | 0 | 0.18 | 3.32 |
| 2019 (6) | 31.75 | -2.04 | 30.51 | 27.5 | 22.12 | -18.47 | 0 | 0 | 222.4 | 1.76 | 6.44 | -42.65 | 50.43 | -2.79 | 22.68 | -4.48 | 46.53 | -15.37 | 12.2 | -10.03 | 37.07 | 12.64 | 13.82 | -5.92 | 11.8 | -0.84 | 4.42 | 33.94 | 11.8 | 31.26 | 13.27 | -28.62 | 29.49 | -4.47 | -16.48 | 0 | -3.21 | 0 | 0.17 | -5.27 |
| 2018 (5) | 32.41 | 178.68 | 23.93 | 31.34 | 27.13 | 709.85 | 0 | 0 | 218.55 | 15.76 | 11.23 | 4.76 | 51.88 | 12.91 | 23.74 | -2.46 | 54.98 | 36.12 | 13.56 | -4.64 | 32.91 | -6.96 | 14.69 | -4.61 | 11.9 | 8.18 | 3.3 | 68.37 | 8.99 | 11.26 | 18.59 | 33.84 | 30.87 | 29.0 | -11.8 | 0 | 6.79 | 38.57 | 0.18 | 13.79 |
| 2017 (4) | 11.63 | -10.12 | 18.22 | -19.88 | 3.35 | 55.09 | 0 | 0 | 188.8 | 21.17 | 10.72 | -35.15 | 45.95 | 5.61 | 24.34 | -12.84 | 40.39 | 19.14 | 14.22 | 30.22 | 35.37 | 185.7 | 15.4 | 79.7 | 11.0 | 0.0 | 1.96 | 184.06 | 8.08 | 608.77 | 13.89 | -19.43 | 23.93 | 25.49 | -8.99 | 0 | 4.9 | -46.62 | 0.16 | 28.39 |
| 2016 (3) | 12.94 | 88.36 | 22.74 | 11.91 | 2.16 | 39.35 | 0 | 0 | 155.82 | 36.0 | 16.53 | 138.18 | 43.51 | 42.56 | 27.92 | 4.82 | 33.9 | 51.27 | 10.92 | 5.0 | 12.38 | 0 | 8.57 | 1042.67 | 11.0 | 10.0 | 0.69 | 0 | 1.14 | 0 | 17.24 | 148.41 | 19.07 | 174.78 | -8.06 | 0 | 9.18 | 58.28 | 0.12 | 0 |
| 2015 (2) | 6.87 | 39.35 | 20.32 | 37.67 | 1.55 | -17.55 | 0 | 0 | 114.57 | -14.63 | 6.94 | -39.23 | 30.52 | 17.11 | 26.64 | 37.18 | 22.41 | 0.45 | 10.4 | 17.91 | 0 | 0 | 0.75 | -90.51 | 10.0 | 15.47 | 0 | 0 | 0 | 0 | 6.94 | -52.76 | 6.94 | -56.81 | -1.14 | 0 | 5.8 | -70.15 | 0.00 | 0 |
| 2014 (1) | 4.93 | -66.76 | 14.76 | 51.07 | 1.88 | 5.03 | 0 | 0 | 134.2 | 21.4 | 11.42 | 12.18 | 26.06 | 327.21 | 19.42 | 251.89 | 22.31 | -3.04 | 8.82 | 137.74 | 0 | 0 | 7.9 | 39.82 | 8.66 | 0.0 | 1.38 | 193.62 | 0 | 0 | 14.69 | 251.44 | 16.07 | 245.59 | 4.74 | 79.55 | 19.43 | 184.9 | 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) | 48.23 | -7.57 | 42.73 | 27.91 | -13.8 | -36.47 | 18.32 | -34.62 | 556.63 | 0 | 0 | 0 | 51.6 | -6.93 | -15.85 | -0.91 | -658.33 | -259.65 | 51.91 | -9.06 | -22.03 | 22.87 | -5.16 | -15.72 | 50.89 | 5.93 | -6.74 | 8.04 | 1.52 | -3.83 | 47.08 | 43.98 | -20.11 | 11.48 | 0.79 | -4.41 | 12.03 | 0.0 | 0.0 | 5.77 | 0.0 | 3.04 | 16.51 | 0.0 | 17.68 | 6.63 | -12.07 | -25.42 | 28.92 | -3.05 | 1.4 | -9.7 | 21.46 | 28.47 | -3.07 | 36.17 | 34.26 | 0.32 | 0.19 | 13.05 |
| 24Q2 (19) | 52.18 | -14.23 | 27.92 | 32.38 | -18.48 | -24.38 | 28.02 | 17.73 | 187.09 | 0 | 0 | 0 | 55.44 | 4.54 | -10.33 | -0.12 | -130.77 | 0.0 | 57.08 | -13.12 | -11.1 | 24.12 | -10.77 | -4.39 | 48.04 | -1.17 | -7.49 | 7.92 | -0.38 | -0.5 | 32.7 | -13.58 | -37.38 | 11.39 | -1.3 | -5.32 | 12.03 | 0.0 | 0.17 | 5.77 | 3.04 | 3.04 | 16.51 | 17.68 | 17.68 | 7.54 | -32.13 | -9.48 | 29.83 | -2.96 | 6.73 | -12.35 | 10.96 | 31.92 | -4.81 | -74.28 | 50.97 | 0.32 | 0.06 | 12.0 |
| 24Q1 (18) | 60.84 | 3.84 | 54.22 | 39.72 | 1.22 | 17.0 | 23.8 | 19.3 | 225.14 | 0 | 0 | 0 | 53.03 | -20.69 | 0.66 | 0.39 | -78.69 | 166.1 | 65.7 | 5.9 | 10.68 | 27.03 | 5.75 | 5.37 | 48.61 | -4.14 | -16.13 | 7.95 | 2.85 | -5.81 | 37.84 | 3.19 | -33.68 | 11.54 | -0.77 | -6.48 | 12.03 | 0.0 | 1.26 | 5.6 | 0.0 | 2.56 | 14.03 | 0.0 | -13.23 | 11.11 | 3.64 | 58.49 | 30.74 | 1.29 | 7.37 | -13.87 | 15.99 | -3.66 | -2.76 | 52.33 | 56.67 | 0.32 | 0.02 | 12.7 |
| 23Q4 (17) | 58.59 | 73.39 | 71.52 | 39.24 | -10.68 | 28.07 | 19.95 | 615.05 | 138.64 | 0 | 0 | 0 | 66.86 | 9.03 | -3.78 | 1.83 | 221.05 | -19.38 | 62.04 | -6.82 | -0.74 | 25.56 | -5.81 | -6.82 | 50.71 | -7.07 | -15.69 | 7.73 | -7.54 | -5.73 | 36.67 | -37.77 | -22.72 | 11.63 | -3.16 | -6.74 | 12.03 | 0.0 | 1.52 | 5.6 | 0.0 | 2.56 | 14.03 | 0.0 | -13.23 | 10.72 | 20.58 | 41.24 | 30.35 | 6.42 | 3.87 | -16.51 | -21.76 | -17.68 | -5.79 | -23.98 | 10.09 | 0.32 | 12.75 | 13.03 |
| 23Q3 (16) | 33.79 | -17.16 | 10.07 | 43.93 | 2.59 | 57.62 | 2.79 | -71.41 | -77.63 | 0 | 0 | 0 | 61.32 | -0.82 | -13.06 | 0.57 | 575.0 | -35.96 | 66.58 | 3.69 | 15.75 | 27.14 | 7.58 | 2.17 | 54.57 | 5.08 | -16.33 | 8.36 | 5.03 | -33.76 | 58.93 | 12.85 | 83.64 | 12.01 | -0.17 | 8.2 | 12.03 | 0.17 | 1.52 | 5.6 | 0.0 | 2.56 | 14.03 | 0.0 | -13.23 | 8.89 | 6.72 | 67.11 | 28.52 | 2.04 | 5.83 | -13.56 | 25.25 | -11.24 | -4.67 | 52.4 | 32.02 | 0.28 | -0.74 | 0.11 |
| 23Q2 (15) | 40.79 | 3.4 | 46.62 | 42.82 | 26.13 | 91.16 | 9.76 | 33.33 | -21.29 | 0 | 0 | 0 | 61.83 | 17.37 | 59.85 | -0.12 | 79.66 | 89.66 | 64.21 | 8.17 | 35.35 | 25.23 | -1.67 | 2.06 | 51.93 | -10.4 | -15.37 | 7.96 | -5.69 | -36.37 | 52.22 | -8.48 | 66.73 | 12.03 | -2.51 | 6.93 | 12.01 | 1.09 | 1.69 | 5.6 | 2.56 | 2.56 | 14.03 | -13.23 | -13.23 | 8.33 | 18.83 | 88.04 | 27.95 | -2.38 | 7.25 | -18.14 | -35.58 | -37.53 | -9.81 | -54.0 | -11.99 | 0.28 | 0.68 | 0.55 |
| 23Q1 (14) | 39.45 | 15.49 | 14.45 | 33.95 | 10.8 | 50.75 | 7.32 | -12.44 | -31.72 | 0 | 0 | 0 | 52.68 | -24.19 | 7.27 | -0.59 | -125.99 | 1.67 | 59.36 | -5.02 | 22.32 | 25.65 | -6.49 | 9.71 | 57.96 | -3.64 | 10.44 | 8.44 | 2.93 | -33.75 | 57.06 | 20.25 | 67.72 | 12.34 | -1.04 | 5.02 | 11.88 | 0.25 | 0.59 | 5.46 | 0.0 | 6.85 | 16.17 | 0.0 | 13.71 | 7.01 | -7.64 | -35.39 | 28.63 | -2.02 | -5.14 | -13.38 | 4.63 | -24.35 | -6.37 | 1.09 | -7177.78 | 0.28 | 0.32 | 1.79 |
| 22Q4 (13) | 34.16 | 11.27 | 0.83 | 30.64 | 9.94 | 22.95 | 8.36 | -32.96 | 16.6 | 0 | 0 | 0 | 69.49 | -1.47 | 19.36 | 2.27 | 155.06 | -21.99 | 62.5 | 8.66 | 14.93 | 27.44 | 3.28 | 2.3 | 60.15 | -7.77 | 19.11 | 8.2 | -35.02 | -29.37 | 47.45 | 47.87 | 34.61 | 12.47 | 12.34 | 12.14 | 11.85 | 0.0 | 0.42 | 5.46 | 0.0 | 6.85 | 16.17 | 0.0 | 13.71 | 7.59 | 42.67 | -33.94 | 29.22 | 8.42 | -5.19 | -14.03 | -15.09 | 13.23 | -6.44 | 6.26 | -37.61 | 0.28 | -0.14 | 1.3 |
| 22Q3 (12) | 30.7 | 10.35 | 3.3 | 27.87 | 24.42 | 17.69 | 12.47 | 0.56 | 82.58 | 0 | 0 | 0 | 70.53 | 82.34 | 53.63 | 0.89 | 176.72 | -45.73 | 57.52 | 21.25 | 30.67 | 26.56 | 7.46 | 32.29 | 65.22 | 6.29 | 32.35 | 12.62 | 0.88 | 0.96 | 32.09 | 2.46 | 1.42 | 11.1 | -1.33 | -6.25 | 11.85 | 0.34 | 0.42 | 5.46 | 0.0 | 6.85 | 16.17 | 0.0 | 13.71 | 5.32 | 20.09 | -38.0 | 26.95 | 3.42 | -3.44 | -12.19 | 7.58 | 27.27 | -6.87 | 21.58 | 16.01 | 0.28 | -0.3 | 3.02 |
| 22Q2 (11) | 27.82 | -19.29 | -35.65 | 22.4 | -0.53 | -3.41 | 12.4 | 15.67 | 1.72 | 0 | 0 | 0 | 38.68 | -21.24 | -28.75 | -1.16 | -93.33 | -296.61 | 47.44 | -2.25 | 9.89 | 24.72 | 5.7 | 30.31 | 61.36 | 16.92 | 35.18 | 12.51 | -1.81 | 0.89 | 31.32 | -7.94 | -7.25 | 11.25 | -4.26 | -7.18 | 11.81 | 0.0 | 0.08 | 5.46 | 6.85 | 6.85 | 16.17 | 13.71 | 13.71 | 4.43 | -59.17 | -36.17 | 26.06 | -13.65 | -0.8 | -13.19 | -22.58 | 20.69 | -8.76 | -9833.33 | 9.6 | 0.28 | 1.92 | 2.33 |
| 22Q1 (10) | 34.47 | 1.74 | -20.89 | 22.52 | -9.63 | -2.43 | 10.72 | 49.51 | -35.65 | 0 | 0 | 0 | 49.11 | -15.65 | 10.73 | -0.6 | -120.62 | -139.47 | 48.53 | -10.76 | 33.03 | 23.38 | -12.8 | 43.43 | 52.48 | 3.92 | 4.88 | 12.74 | 9.73 | 2.82 | 34.02 | -3.49 | -8.99 | 11.75 | 5.67 | -8.2 | 11.81 | 0.08 | 0.08 | 5.11 | 0.0 | 6.02 | 14.22 | 0.0 | -13.71 | 10.85 | -5.57 | 11.86 | 30.18 | -2.08 | -2.61 | -10.76 | 33.46 | 31.33 | 0.09 | 101.92 | 101.51 | 0.28 | -0.17 | 55.94 |
| 21Q4 (9) | 33.88 | 14.0 | -25.99 | 24.92 | 5.24 | -11.47 | 7.17 | 4.98 | -49.08 | 0 | 0 | 0 | 58.22 | 26.81 | -22.03 | 2.91 | 77.44 | 32.27 | 54.38 | 23.53 | -6.35 | 26.82 | 33.56 | -0.04 | 50.5 | 2.48 | 24.02 | 11.61 | -7.12 | -6.37 | 35.25 | 11.41 | -16.43 | 11.12 | -6.08 | -16.89 | 11.8 | 0.0 | 0.0 | 5.11 | 0.0 | 6.02 | 14.22 | 0.0 | -13.71 | 11.49 | 33.92 | 40.46 | 30.82 | 10.43 | 4.58 | -16.17 | 3.52 | -13.71 | -4.68 | 42.79 | 22.52 | 0.28 | 1.56 | 57.48 |
| 21Q3 (8) | 29.72 | -31.25 | -20.56 | 23.68 | 2.11 | -26.32 | 6.83 | -43.97 | -51.73 | 0 | 0 | 0 | 45.91 | -15.44 | -15.4 | 1.64 | 177.97 | -20.77 | 44.02 | 1.97 | -7.73 | 20.08 | 5.86 | -14.47 | 49.28 | 8.57 | 4.87 | 12.5 | 0.81 | -2.87 | 31.64 | -6.31 | -21.92 | 11.84 | -2.31 | -13.13 | 11.8 | 0.0 | 0.0 | 5.11 | 0.0 | 6.02 | 14.22 | 0.0 | -13.71 | 8.58 | 23.63 | 49.22 | 27.91 | 6.24 | 3.22 | -16.76 | -0.78 | 4.72 | -8.18 | 15.58 | 30.91 | 0.27 | -0.97 | 52.66 |
| 21Q2 (7) | 43.23 | -0.78 | 36.85 | 23.19 | 0.48 | -31.51 | 12.19 | -26.83 | 0 | 0 | 0 | 0 | 54.29 | 22.41 | 7.59 | 0.59 | -61.18 | -61.18 | 43.17 | 18.34 | -2.24 | 18.97 | 16.35 | 0 | 45.39 | -9.29 | 4.71 | 12.4 | 0.08 | -1.9 | 33.77 | -9.66 | 10.69 | 12.12 | -5.31 | -8.04 | 11.8 | 0.0 | 0.0 | 5.11 | 6.02 | 6.02 | 14.22 | -13.71 | -13.71 | 6.94 | -28.45 | 88.59 | 26.27 | -15.23 | 5.21 | -16.63 | -6.13 | 17.14 | -9.69 | -62.31 | 40.88 | 0.28 | 55.32 | 54.08 |
| 21Q1 (6) | 43.57 | -4.83 | 13.73 | 23.08 | -18.01 | -19.89 | 16.66 | 18.32 | 0 | 0 | 0 | 0 | 44.35 | -40.61 | 19.7 | 1.52 | -30.91 | 253.54 | 36.48 | -37.18 | 22.05 | 16.30 | -39.23 | 0 | 50.04 | 22.89 | 17.13 | 12.39 | -0.08 | -6.14 | 37.38 | -11.38 | 10.69 | 12.8 | -4.33 | -4.97 | 11.8 | 0.0 | 0.0 | 4.82 | 0.0 | 9.05 | 16.48 | 0.0 | 39.66 | 9.7 | 18.58 | -21.01 | 30.99 | 5.16 | 8.74 | -15.67 | -10.2 | 12.9 | -5.97 | 1.16 | -4.55 | 0.18 | 0.81 | 2.02 |
| 20Q4 (5) | 45.78 | 22.37 | 44.19 | 28.15 | -12.41 | 4.11 | 14.08 | -0.49 | 0 | 0 | 0 | 0 | 74.67 | 37.59 | 21.55 | 2.2 | 6.28 | 41.94 | 58.07 | 21.71 | 15.15 | 26.83 | 14.27 | 0 | 40.72 | -13.34 | -12.49 | 12.4 | -3.65 | 1.64 | 42.18 | 4.1 | 13.78 | 13.38 | -1.83 | -3.18 | 11.8 | 0.0 | 0.0 | 4.82 | 0.0 | 9.05 | 16.48 | 0.0 | 39.66 | 8.18 | 42.26 | -38.36 | 29.47 | 8.99 | -0.07 | -14.22 | 19.16 | 13.71 | -6.04 | 48.99 | -88.16 | 0.18 | -1.55 | 3.32 |
| 20Q3 (4) | 37.41 | 18.42 | 0.0 | 32.14 | -5.08 | 0.0 | 14.15 | 0 | 0.0 | 0 | 0 | 0.0 | 54.27 | 7.55 | 0.0 | 2.07 | 36.18 | 0.0 | 47.71 | 8.04 | 0.0 | 23.48 | 0 | 0.0 | 46.99 | 8.4 | 0.0 | 12.87 | 1.82 | 0.0 | 40.52 | 32.81 | 0.0 | 13.63 | 3.41 | 0.0 | 11.8 | 0.0 | 0.0 | 4.82 | 0.0 | 0.0 | 16.48 | 0.0 | 0.0 | 5.75 | 56.25 | 0.0 | 27.04 | 8.29 | 0.0 | -17.59 | 12.36 | 0.0 | -11.84 | 27.76 | 0.0 | 0.18 | -0.05 | 0.0 |
