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) | 56.11 | 7.9 | 1.73 | -44.01 | 0 | 0 | 0 | 0 | 197.42 | -37.06 | 10.14 | 15.89 | 22.67 | -40.33 | 11.48 | -5.2 | 18.69 | -44.62 | 1.68 | -74.31 | 0 | 0 | 6.23 | 1.63 | 55.74 | 0.0 | 1.35 | 213.95 | 3.19 | 0.0 | 13.89 | 52.14 | 18.44 | 44.51 | -8.12 | 0 | 5.77 | 251.83 | 0.00 | 6.46 |
| 2022 (9) | 52.0 | 87.93 | 3.09 | -71.39 | 0 | 0 | 0 | 0 | 313.64 | -1.8 | 8.75 | 1115.28 | 37.99 | -51.78 | 12.11 | -50.9 | 33.75 | -21.86 | 6.54 | 36.25 | 0 | 0 | 6.13 | 2.85 | 55.74 | 0.0 | 0.43 | 19.44 | 3.19 | 27.6 | 9.13 | 1085.71 | 12.76 | 251.52 | -7.49 | 0 | 1.64 | 0 | 0.00 | -88.3 |
| 2021 (8) | 27.67 | -38.9 | 10.8 | -13.39 | 0 | 0 | 0 | 0 | 319.38 | 22.86 | 0.72 | 16.13 | 78.79 | 74.47 | 24.67 | 42.01 | 43.19 | 21.12 | 4.8 | -5.7 | 0 | 0 | 5.96 | -1.65 | 55.74 | 0.0 | 0.36 | 24.14 | 2.5 | 0.0 | 0.77 | 22.22 | 3.63 | 5.83 | -9.34 | 0 | -8.57 | 0 | 0.01 | 3.98 |
| 2020 (7) | 45.29 | 6.49 | 12.47 | -30.68 | 0 | 0 | 0 | 0 | 259.96 | -8.11 | 0.62 | 34.78 | 45.16 | 4.42 | 17.37 | 13.63 | 35.66 | 30.1 | 5.09 | -9.11 | 0 | 0 | 6.06 | -1.94 | 55.74 | 0.0 | 0.29 | 20.83 | 2.5 | 22.55 | 0.63 | 21.15 | 3.43 | 22.5 | -8.16 | 0 | -7.53 | 0 | 0.01 | 2.27 |
| 2019 (6) | 42.53 | 1.87 | 17.99 | 22.05 | 0 | 0 | 0 | 0 | 282.91 | -11.02 | 0.46 | 130.0 | 43.25 | -15.69 | 15.29 | -5.25 | 27.41 | -18.23 | 5.6 | 36.59 | 0 | 0 | 6.18 | -2.37 | 55.74 | 0.0 | 0.24 | 9.09 | 2.04 | 10.27 | 0.52 | 147.62 | 2.8 | 22.81 | -8.17 | 0 | -7.65 | 0 | 0.01 | -56.55 |
| 2018 (5) | 41.75 | -14.43 | 14.74 | -0.94 | 0.01 | 0.0 | 0 | 0 | 317.96 | 6.17 | 0.2 | -90.99 | 51.3 | 0.29 | 16.13 | -5.54 | 33.52 | -1.64 | 4.1 | -2.38 | 0 | 0 | 6.33 | 0.0 | 55.74 | 0.0 | 0.22 | 0 | 1.85 | 0 | 0.21 | -89.86 | 2.28 | 10.14 | -6.73 | 0 | -6.52 | 0 | 0.01 | 10.06 |
| 2017 (4) | 48.79 | -3.46 | 14.88 | -26.77 | 0.01 | 0.0 | 0 | 0 | 299.47 | 0.0 | 2.22 | 0 | 51.15 | 1.07 | 17.08 | 1.06 | 34.08 | -4.0 | 4.2 | 0.0 | 0.04 | -33.33 | 6.33 | 0.8 | 55.74 | 0.0 | 0 | 0 | 0 | 0 | 2.07 | 0 | 2.07 | 0 | -6.02 | 0 | -3.95 | 0 | 0.01 | -3.19 |
| 2016 (3) | 50.54 | -5.66 | 20.32 | 26.92 | 0.01 | 0 | 0 | 0 | 299.46 | -38.11 | -9.45 | 0 | 50.61 | -41.7 | 16.90 | -5.8 | 35.5 | 10.28 | 4.2 | -8.3 | 0.06 | 0 | 6.28 | -1.72 | 55.74 | 0.0 | 9.1 | 14.47 | 0 | 0 | -9.44 | 0 | -0.34 | 0 | -1.88 | 0 | -11.32 | 0 | 0.01 | 99.51 |
| 2015 (2) | 53.57 | -4.32 | 16.01 | -57.63 | 0 | 0 | 0 | 0 | 483.87 | -13.43 | 11.51 | -16.96 | 86.81 | 25.83 | 17.94 | 45.35 | 32.19 | -48.65 | 4.58 | -1.93 | 0 | 0 | 6.39 | -0.47 | 55.74 | 0.05 | 7.95 | 21.19 | 0 | 0 | 12.11 | -58.27 | 20.06 | -45.0 | 2.86 | -24.93 | 14.97 | -54.4 | 0.01 | -17.32 |
| 2014 (1) | 55.99 | -22.12 | 37.79 | 131.98 | 0 | 0 | 0 | 0 | 558.95 | -11.9 | 13.86 | -61.75 | 68.99 | -30.36 | 12.34 | -20.95 | 62.69 | 25.78 | 4.67 | 15.02 | 0 | 0 | 6.42 | 2.07 | 55.71 | -24.06 | 6.56 | 123.13 | 0.88 | -83.7 | 29.02 | -20.14 | 36.47 | -18.36 | 3.81 | 0 | 32.83 | -7.42 | 0.01 | -27.86 |
| 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) | 37.17 | 12.09 | -27.94 | 12.4 | 87.03 | 451.11 | 0 | 0 | 0 | 0 | 0 | 0 | 47.37 | -5.09 | 6.4 | -0.27 | -193.1 | -109.75 | 27.96 | 9.86 | 4.13 | 15.96 | 8.07 | 24.73 | 20.45 | -16.36 | -12.64 | 1.66 | -0.6 | -58.5 | 0 | 0 | 0 | 6.25 | -1.11 | -1.57 | 55.74 | 0.0 | 0.0 | 2.36 | 0.0 | 74.81 | 7.58 | 0.0 | 137.62 | 3.36 | -7.44 | -69.32 | 13.3 | -1.99 | -14.14 | -4.42 | -284.17 | 30.5 | -1.06 | -117.58 | -123.09 | 0.00 | 5.96 | 0.22 |
| 24Q2 (19) | 33.16 | -12.09 | -33.29 | 6.63 | 109.81 | 53.83 | 0 | 0 | 0 | 0 | 0 | 0 | 49.91 | 44.29 | -23.5 | 0.29 | -30.95 | -93.35 | 25.45 | 28.8 | -25.41 | 14.77 | 40.25 | 4.26 | 24.45 | 2.69 | 23.48 | 1.67 | 0.0 | -59.27 | 0 | 0 | 0 | 6.32 | 0.16 | 0.48 | 55.74 | 0.0 | 0.0 | 2.36 | 74.81 | 74.81 | 7.58 | 137.62 | 137.62 | 3.63 | -58.47 | -55.62 | 13.57 | 2.18 | 6.68 | 2.4 | 32.6 | 130.15 | 6.03 | -42.84 | 2640.91 | 0.00 | -0.71 | -8.9 |
| 24Q1 (18) | 37.72 | -32.77 | -29.27 | 3.16 | 82.66 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34.59 | -20.1 | -22.06 | 0.42 | -85.76 | 740.0 | 19.76 | -12.84 | -20.55 | 10.53 | -8.29 | 20.01 | 23.81 | 27.39 | -23.34 | 1.67 | -0.6 | -73.74 | 0 | 0 | 0 | 6.31 | 1.28 | 1.61 | 55.74 | 0.0 | 0.0 | 1.35 | 0.0 | 213.95 | 3.19 | 0.0 | 0.0 | 8.74 | -37.08 | 84.78 | 13.28 | -27.98 | 58.85 | 1.81 | 122.29 | 124.23 | 10.55 | 82.84 | 485.04 | 0.00 | -3.81 | -1.48 |
| 23Q4 (17) | 56.11 | 8.78 | 7.9 | 1.73 | -23.11 | -44.01 | 0 | 0 | 0 | 0 | 0 | 0 | 43.29 | -2.76 | -22.24 | 2.95 | 6.5 | 626.79 | 22.67 | -15.57 | -40.33 | 11.48 | -10.27 | -5.2 | 18.69 | -20.16 | -44.62 | 1.68 | -58.0 | -74.31 | 0 | 0 | 0 | 6.23 | -1.89 | 1.63 | 55.74 | 0.0 | 0.0 | 1.35 | 0.0 | 213.95 | 3.19 | 0.0 | 0.0 | 13.89 | 26.85 | 52.14 | 18.44 | 19.04 | 44.51 | -8.12 | -27.67 | -8.41 | 5.77 | 25.71 | 251.83 | 0.00 | -0.98 | 6.46 |
| 23Q3 (16) | 51.58 | 3.76 | 3.16 | 2.25 | -47.8 | -60.32 | 0 | 0 | 0 | 0 | 0 | 0 | 44.52 | -31.76 | -41.07 | 2.77 | -36.47 | -32.44 | 26.85 | -21.31 | -50.18 | 12.80 | -9.67 | -15.96 | 23.41 | 18.23 | -22.94 | 4.0 | -2.44 | -8.88 | 0 | 0 | 0 | 6.35 | 0.95 | 2.25 | 55.74 | 0.0 | 0.0 | 1.35 | 0.0 | 213.95 | 3.19 | 0.0 | 0.0 | 10.95 | 33.86 | 17.62 | 15.49 | 21.78 | 19.71 | -6.36 | 20.1 | 6.88 | 4.59 | 1986.36 | 85.08 | 0.00 | -3.68 | -2.54 |
| 23Q2 (15) | 49.71 | -6.79 | 27.43 | 4.31 | 0 | -69.8 | 0 | 0 | 0 | 0 | 0 | 0 | 65.24 | 47.0 | -39.49 | 4.36 | 8620.0 | 26.74 | 34.12 | 37.19 | -50.72 | 14.17 | 61.45 | -25.87 | 19.8 | -36.25 | -48.78 | 4.1 | -35.53 | -8.89 | 0 | 0 | 0 | 6.29 | 1.29 | 3.45 | 55.74 | 0.0 | 0.0 | 1.35 | 213.95 | 213.95 | 3.19 | 0.0 | 0.0 | 8.18 | 72.94 | 57.01 | 12.72 | 52.15 | 43.89 | -7.96 | -6.56 | -0.76 | 0.22 | 108.03 | 108.18 | 0.00 | 7.38 | -73.81 |
| 23Q1 (14) | 53.33 | 2.56 | 42.86 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 44.38 | -20.28 | -40.52 | 0.05 | 108.93 | -97.18 | 24.87 | -34.54 | -54.74 | 8.77 | -27.55 | -47.49 | 31.06 | -7.97 | -31.28 | 6.36 | -2.75 | 37.66 | 0 | 0 | 0 | 6.21 | 1.31 | 3.16 | 55.74 | 0.0 | 0.0 | 0.43 | 0.0 | 19.44 | 3.19 | 0.0 | 27.6 | 4.73 | -48.19 | 86.22 | 8.36 | -34.48 | 54.81 | -7.47 | 0.27 | 4.84 | -2.74 | -267.07 | 48.4 | 0.00 | 3.94 | -75.69 |
| 22Q4 (13) | 52.0 | 4.0 | 87.93 | 3.09 | -45.5 | -71.39 | 0 | 0 | 0 | 0 | 0 | 0 | 55.67 | -26.31 | -41.95 | -0.56 | -113.66 | -149.12 | 37.99 | -29.5 | -51.78 | 12.11 | -20.46 | -50.9 | 33.75 | 11.09 | -21.86 | 6.54 | 48.97 | 36.25 | 0 | 0 | 0 | 6.13 | -1.29 | 2.85 | 55.74 | 0.0 | 0.0 | 0.43 | 0.0 | 19.44 | 3.19 | 0.0 | 27.6 | 9.13 | -1.93 | 1085.71 | 12.76 | -1.39 | 251.52 | -7.49 | -9.66 | 19.81 | 1.64 | -33.87 | 119.14 | 0.00 | -9.35 | -88.3 |
| 22Q3 (12) | 50.0 | 28.17 | 49.16 | 5.67 | -60.27 | -53.94 | 0 | 0 | 0 | 0 | 0 | 0 | 75.55 | -29.93 | -10.02 | 4.1 | 19.19 | 393.98 | 53.89 | -22.17 | -10.23 | 15.23 | -20.32 | -25.91 | 30.38 | -21.42 | -42.49 | 4.39 | -2.44 | -11.85 | 0 | 0 | 0 | 6.21 | 2.14 | 3.67 | 55.74 | 0.0 | 0.0 | 0.43 | 0.0 | 19.44 | 3.19 | 0.0 | 27.6 | 9.31 | 78.69 | 2316.67 | 12.94 | 46.38 | 430.33 | -6.83 | 13.54 | 28.33 | 2.48 | 192.19 | 124.92 | 0.00 | -74.11 | -87.26 |
| 22Q2 (11) | 39.01 | 4.5 | 16.07 | 14.27 | 60.88 | 15.92 | 0 | 0 | 0 | 0 | 0 | 0 | 107.82 | 44.51 | 44.98 | 3.44 | 94.35 | 254.64 | 69.24 | 26.01 | 27.35 | 19.11 | 14.37 | -2.53 | 38.66 | -14.47 | -19.09 | 4.5 | -2.6 | -11.42 | 0 | 0 | 0 | 6.08 | 1.0 | 1.67 | 55.74 | 0.0 | 0.0 | 0.43 | 19.44 | 48.28 | 3.19 | 27.6 | 27.6 | 5.21 | 105.12 | 537.82 | 8.84 | 63.7 | 449.07 | -7.9 | -0.64 | 15.05 | -2.69 | 49.34 | 74.36 | 0.00 | -0.36 | -51.08 |
| 22Q1 (10) | 37.33 | 34.91 | -9.59 | 8.87 | -17.87 | 3.62 | 0 | 0 | 0 | 0 | 0 | 0 | 74.61 | -22.2 | 14.52 | 1.77 | 55.26 | 179.73 | 54.95 | -30.26 | 20.32 | 16.71 | -32.26 | 2.48 | 45.2 | 4.65 | 8.0 | 4.62 | -3.75 | -9.06 | 0 | 0 | 0 | 6.02 | 1.01 | -0.66 | 55.74 | 0.0 | 0.0 | 0.36 | 0.0 | 24.14 | 2.5 | 0.0 | 0.0 | 2.54 | 229.87 | 217.59 | 5.4 | 48.76 | 743.75 | -7.85 | 15.95 | 6.21 | -5.31 | 38.04 | 49.57 | 0.00 | -49.95 | -49.32 |
| 21Q4 (9) | 27.67 | -17.45 | -38.9 | 10.8 | -12.27 | -13.39 | 0 | 0 | 0 | 0 | 0 | 0 | 95.9 | 14.22 | 39.86 | 1.14 | 37.35 | 300.0 | 78.79 | 31.25 | 74.47 | 24.67 | 20.02 | 39.58 | 43.19 | -18.25 | 21.12 | 4.8 | -3.61 | -5.7 | 0 | 0 | 0 | 5.96 | -0.5 | -1.65 | 55.74 | 0.0 | 0.0 | 0.36 | 0.0 | 24.14 | 2.5 | 0.0 | 0.0 | 0.77 | 283.33 | 22.22 | 3.63 | 48.77 | 5.83 | -9.34 | 1.99 | -14.46 | -8.57 | 13.87 | -13.81 | 0.01 | -1.32 | 3.98 |
| 21Q3 (8) | 33.52 | -0.27 | -40.19 | 12.31 | 0.0 | -3.83 | 0 | 0 | 0 | 0 | 0 | 0 | 83.96 | 12.89 | 21.35 | 0.83 | -14.43 | -24.55 | 60.03 | 10.41 | 65.78 | 20.55 | 4.83 | 46.96 | 52.83 | 10.57 | 62.1 | 4.98 | -1.97 | -4.41 | 0 | 0 | 0 | 5.99 | 0.17 | -1.16 | 55.74 | 0.0 | 0.0 | 0.36 | 24.14 | 24.14 | 2.5 | 0.0 | 0.0 | -0.42 | 64.71 | -135.29 | 2.44 | 51.55 | -38.85 | -9.53 | -2.47 | -12.25 | -9.95 | 5.15 | -36.3 | 0.01 | -0.58 | 7.1 |
| 21Q2 (7) | 33.61 | -18.6 | -11.65 | 12.31 | 43.81 | -24.48 | 0 | 0 | 0 | 0 | 0 | 0 | 74.37 | 14.15 | -3.62 | 0.97 | 143.69 | -51.98 | 54.37 | 19.05 | 27.33 | 19.61 | 20.25 | 0 | 47.78 | 14.17 | 105.24 | 5.08 | 0.0 | -4.87 | 0 | 0 | 0 | 5.98 | -1.32 | -2.13 | 55.74 | 0.0 | 0.0 | 0.29 | 0.0 | 0.0 | 2.5 | 0.0 | 0.0 | -1.19 | 44.91 | -1290.0 | 1.61 | 151.56 | -44.48 | -9.3 | -11.11 | 0.11 | -10.49 | 0.38 | -13.9 | 0.01 | 3.21 | 8.95 |
| 21Q1 (6) | 41.29 | -8.83 | -5.01 | 8.56 | -31.36 | -56.44 | 0 | 0 | 0 | 0 | 0 | 0 | 65.15 | -4.99 | 60.47 | -2.22 | -289.47 | -15.62 | 45.67 | 1.13 | 150.11 | 16.31 | -7.74 | 0 | 41.85 | 17.36 | 16.38 | 5.08 | -0.2 | -7.3 | 0 | 0 | 0 | 6.06 | 0.0 | -1.78 | 55.74 | 0.0 | 0.0 | 0.29 | 0.0 | 20.83 | 2.5 | 0.0 | 22.55 | -2.16 | -442.86 | -53.19 | 0.64 | -81.34 | -27.27 | -8.37 | -2.57 | 1.41 | -10.53 | -39.84 | -6.36 | 0.01 | 2.7 | 2.88 |
| 20Q4 (5) | 45.29 | -19.18 | 6.49 | 12.47 | -2.58 | -30.68 | 0 | 0 | 0 | 0 | 0 | 0 | 68.57 | -0.9 | -4.68 | -0.57 | -151.82 | -161.96 | 45.16 | 24.72 | 4.42 | 17.67 | 26.36 | 0 | 35.66 | 9.42 | 30.1 | 5.09 | -2.3 | -9.11 | 0 | 0 | 0 | 6.06 | 0.0 | -1.94 | 55.74 | 0.0 | 0.0 | 0.29 | 0.0 | 20.83 | 2.5 | 0.0 | 22.55 | 0.63 | -47.06 | 21.15 | 3.43 | -14.04 | 22.5 | -8.16 | 3.89 | 0.12 | -7.53 | -3.15 | 1.57 | 0.01 | 1.63 | 2.27 |
| 20Q3 (4) | 56.04 | 47.32 | 0.0 | 12.8 | -21.47 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 69.19 | -10.33 | 0.0 | 1.1 | -45.54 | 0.0 | 36.21 | -15.2 | 0.0 | 13.99 | 0 | 0.0 | 32.59 | 39.99 | 0.0 | 5.21 | -2.43 | 0.0 | 0 | 0 | 0.0 | 6.06 | -0.82 | 0.0 | 55.74 | 0.0 | 0.0 | 0.29 | 0.0 | 0.0 | 2.5 | 0.0 | 0.0 | 1.19 | 1090.0 | 0.0 | 3.99 | 37.59 | 0.0 | -8.49 | 8.81 | 0.0 | -7.3 | 20.74 | 0.0 | 0.01 | 1.14 | 0.0 |
