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) | 119.06 | -39.76 | 0 | 0 | 21.17 | -42.54 | 0 | 0 | 276.24 | -36.48 | -17.0 | 0 | 30.51 | -35.75 | 11.04 | 1.14 | 133.69 | -8.93 | 0 | 0 | 173.47 | 44.92 | 1.15 | -8.73 | 185.58 | 0.0 | 43.32 | 26.44 | 0.93 | 22.37 | 232.15 | -20.78 | 276.4 | -15.75 | 18.8 | 88.0 | 250.95 | -17.19 | 0.00 | 8.86 |
| 2022 (9) | 197.64 | 6.46 | 0 | 0 | 36.84 | 19.03 | 0 | 0 | 434.87 | -14.01 | 89.7 | -25.02 | 47.49 | -28.61 | 10.92 | -16.97 | 146.8 | 11.58 | 0 | 0 | 119.7 | 29.41 | 1.26 | 29.9 | 185.58 | -0.01 | 34.26 | 50.86 | 0.76 | -73.88 | 293.04 | 19.45 | 328.07 | 21.08 | 10.0 | 20.48 | 303.04 | 19.48 | 0.00 | -11.19 |
| 2021 (8) | 185.65 | 56.28 | 0 | 0 | 30.95 | -42.81 | 0 | 0 | 505.73 | 27.06 | 119.63 | 124.62 | 66.52 | 30.38 | 13.15 | 2.61 | 131.56 | 1.63 | 0 | 0 | 92.5 | -13.85 | 0.97 | 70.18 | 185.6 | -0.01 | 22.71 | 30.37 | 2.91 | -53.14 | 245.33 | 59.21 | 270.95 | 52.46 | 8.3 | 0 | 253.63 | 68.6 | 0.00 | -22.54 |
| 2020 (7) | 118.79 | 36.15 | 0 | 0 | 54.12 | 65.66 | 0 | 0 | 398.01 | 13.73 | 53.26 | 76.83 | 51.02 | 3.68 | 12.82 | -8.84 | 129.45 | 1.05 | 0 | 0 | 107.37 | 9.85 | 0.57 | 21.28 | 185.62 | 0.89 | 17.42 | 20.89 | 6.21 | -38.33 | 154.09 | 25.91 | 177.72 | 21.02 | -3.66 | 0 | 150.43 | 33.6 | 0.00 | -10.23 |
| 2019 (6) | 87.25 | -35.9 | 15.5 | 0 | 32.67 | -2.04 | 0 | 0 | 349.95 | -5.3 | 30.12 | -66.51 | 49.21 | 9.79 | 14.06 | 15.94 | 128.1 | -28.63 | 0 | 0 | 97.74 | 66.08 | 0.47 | 4.44 | 183.99 | -0.02 | 14.41 | 166.36 | 10.07 | 1260.81 | 122.38 | -9.09 | 146.85 | 4.31 | -9.78 | 0 | 112.6 | -10.34 | 0.00 | 0 |
| 2018 (5) | 136.12 | 57.67 | 0 | 0 | 33.35 | 4.91 | 0 | 0 | 369.53 | 8.06 | 89.93 | 62.98 | 44.82 | -21.52 | 12.13 | -27.37 | 179.49 | 81.82 | 0 | 0 | 58.85 | 21.09 | 0.45 | -2.17 | 184.02 | 1.96 | 5.41 | 0 | 0.74 | 0 | 134.62 | 148.65 | 140.78 | 160.03 | -9.04 | 0 | 125.58 | 80.07 | 0.00 | 0 |
| 2017 (4) | 86.33 | 35.57 | 0 | 0 | 31.79 | -25.74 | 0 | 0 | 341.97 | 41.75 | 55.18 | 0 | 57.11 | 55.91 | 16.70 | 9.99 | 98.72 | 39.3 | 0 | 0 | 48.6 | -13.77 | 0.46 | 53.33 | 180.48 | -50.07 | 0 | 0 | 0 | 0 | 54.14 | 0 | 54.14 | 0 | 15.6 | 143.37 | 69.74 | 0 | 0.00 | -62.85 |
| 2016 (3) | 63.68 | 13.86 | 4.0 | -74.03 | 42.81 | -8.6 | 0 | 0 | 241.25 | 15.28 | -2.43 | 0 | 36.63 | 11.61 | 15.18 | -3.18 | 70.87 | -24.07 | 0 | 0 | 56.36 | -28.31 | 0.3 | -72.48 | 361.46 | -0.07 | 0 | 0 | 0 | 0 | -186.51 | 0 | -186.51 | 0 | 6.41 | -2.44 | -180.1 | 0 | 0.00 | -77.64 |
| 2015 (2) | 55.93 | -26.75 | 15.4 | -27.84 | 46.84 | -61.43 | 0 | 0 | 209.28 | -6.63 | -41.88 | 0 | 32.82 | 3.14 | 15.68 | 10.47 | 93.34 | -3.29 | 0.12 | -69.23 | 78.62 | 279.07 | 1.09 | -54.2 | 361.72 | 1.64 | 0 | 0 | 0 | 0 | -183.04 | 0 | -183.04 | 0 | 6.57 | -10.61 | -176.47 | 0 | 0.00 | -15.08 |
| 2014 (1) | 76.36 | -36.26 | 21.34 | 276.37 | 121.43 | 58.77 | 0 | 0 | 224.14 | 0.95 | -64.54 | 0 | 31.82 | -3.02 | 14.20 | -3.93 | 96.52 | 9.74 | 0.39 | 0 | 20.74 | -81.03 | 2.38 | -24.68 | 355.88 | 1.06 | 0 | 0 | 0 | 0 | -138.13 | 0 | -138.13 | 0 | 7.35 | 60.48 | -130.78 | 0 | 0.00 | -64.85 |
| 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) | 101.75 | -9.26 | -24.25 | 5.0 | 150.0 | 0 | 37.5 | 24.34 | 66.15 | 0 | 0 | 0 | 77.55 | 20.12 | 6.48 | -2.96 | -3.5 | 27.45 | 48.07 | 28.43 | 17.62 | 18.65 | 26.07 | 40.95 | 133.54 | -1.25 | -0.41 | 0 | 0 | 0 | 200.45 | 4.12 | 12.25 | 0.7 | -12.5 | -42.15 | 185.58 | 0.0 | 0.0 | 43.32 | 0.0 | 0.0 | 0.98 | 0.0 | 5.38 | 205.29 | -2.16 | -15.69 | 249.58 | -1.79 | -13.26 | 18.31 | -4.93 | 29.03 | 223.6 | -2.4 | -13.23 | 0.00 | 1.2 | 114.92 |
| 24Q2 (19) | 112.13 | 4.61 | -29.41 | 2.0 | -33.33 | 0 | 30.16 | 1.79 | -44.45 | 0 | 0 | 0 | 64.56 | 12.08 | -13.1 | -2.86 | 73.49 | -502.82 | 37.43 | 8.68 | 5.02 | 14.79 | 12.86 | 45.59 | 135.23 | 2.77 | -4.93 | 0 | 0 | 0 | 192.51 | 8.62 | 62.58 | 0.8 | -17.53 | -42.86 | 185.58 | 0.0 | 0.0 | 43.32 | 0.0 | 0.0 | 0.98 | 5.38 | 5.38 | 209.83 | -5.49 | -15.25 | 254.12 | -4.56 | -12.92 | 19.26 | -18.77 | 27.97 | 229.09 | -6.77 | -12.77 | 0.00 | 3.59 | 114.5 |
| 24Q1 (18) | 107.19 | -9.97 | -28.54 | 3.0 | 0 | 0 | 29.63 | 39.96 | -44.36 | 0 | 0 | 0 | 57.6 | -0.83 | -18.92 | -10.79 | -7.15 | -203.94 | 34.44 | 12.88 | -19.48 | 13.11 | 18.65 | 19.48 | 131.58 | -1.58 | -12.04 | 0 | 0 | 0 | 177.24 | 2.17 | 101.64 | 0.97 | -15.65 | -24.22 | 185.58 | 0.0 | 0.0 | 43.32 | 0.0 | 26.44 | 0.93 | 0.0 | 22.37 | 222.02 | -4.36 | -23.31 | 266.27 | -3.66 | -17.95 | 23.71 | 26.12 | 75.24 | 245.73 | -2.08 | -18.91 | 0.00 | 102.18 | 120.1 |
| 23Q4 (17) | 119.06 | -11.36 | -39.76 | 0 | 0 | 0 | 21.17 | -6.2 | -42.54 | 0 | 0 | 0 | 58.08 | -20.25 | -36.02 | -10.07 | -146.81 | -266.45 | 30.51 | -25.35 | -35.75 | 11.04 | -16.51 | 1.14 | 133.69 | -0.3 | -8.93 | 0 | 0 | 0 | 173.47 | -2.86 | 44.92 | 1.15 | -4.96 | -8.73 | 185.58 | 0.0 | 0.0 | 43.32 | 0.0 | 26.44 | 0.93 | 0.0 | 22.37 | 232.15 | -4.66 | -20.78 | 276.4 | -3.94 | -15.75 | 18.8 | 32.49 | 88.0 | 250.95 | -2.62 | -17.19 | 0.00 | 1.39 | 8.86 |
| 23Q3 (16) | 134.32 | -15.44 | -31.09 | 0 | 0 | 0 | 22.57 | -58.43 | -30.7 | 0 | 0 | 0 | 72.83 | -1.97 | -36.51 | -4.08 | -674.65 | -116.32 | 40.87 | 14.67 | -42.98 | 13.23 | 30.22 | -9.65 | 134.09 | -5.73 | -12.85 | 0 | 0 | 0 | 178.58 | 50.81 | 48.71 | 1.21 | -13.57 | -0.82 | 185.58 | 0.0 | -0.01 | 43.32 | 0.0 | 26.44 | 0.93 | 0.0 | 22.37 | 243.5 | -1.65 | -14.91 | 287.75 | -1.4 | -10.41 | 14.19 | -5.71 | 79.39 | 257.69 | -1.88 | -12.37 | 0.00 | 1.01 | 5.54 |
| 23Q2 (15) | 158.85 | 5.91 | -20.88 | 0 | 0 | 0 | 54.29 | 1.95 | 68.6 | 0 | 0 | 0 | 74.29 | 4.57 | -34.49 | 0.71 | 120.0 | -97.58 | 35.64 | -16.67 | -44.27 | 10.16 | -7.38 | -16.67 | 142.24 | -4.91 | -6.67 | 0 | 0 | 0 | 118.41 | 34.71 | 36.45 | 1.4 | 9.38 | 6.87 | 185.58 | 0.0 | -0.01 | 43.32 | 26.44 | 26.44 | 0.93 | 22.37 | 22.37 | 247.58 | -14.48 | -5.2 | 291.83 | -10.07 | -1.47 | 15.05 | 11.23 | 229.32 | 262.63 | -13.33 | -1.17 | 0.00 | 6.29 | -1.24 |
| 23Q1 (14) | 149.99 | -24.11 | -19.07 | 0 | 0 | 0 | 53.25 | 44.54 | 58.62 | 0 | 0 | 0 | 71.04 | -21.74 | -38.75 | -3.55 | -158.68 | -112.12 | 42.77 | -9.94 | -34.61 | 10.97 | 0.44 | -11.89 | 149.59 | 1.9 | 10.21 | 0 | 0 | 0 | 87.9 | -26.57 | -0.2 | 1.28 | 1.59 | 48.84 | 185.58 | 0.0 | -0.01 | 34.26 | 0.0 | 50.86 | 0.76 | 0.0 | -73.88 | 289.49 | -1.21 | 5.41 | 324.52 | -1.08 | 8.09 | 13.53 | 35.3 | 39.63 | 303.02 | -0.01 | 6.58 | 0.00 | 0.0 | -5.35 |
| 22Q4 (13) | 197.64 | 1.39 | 6.46 | 0 | 0 | 0 | 36.84 | 13.11 | 19.03 | 0 | 0 | 0 | 90.78 | -20.87 | -37.59 | 6.05 | -75.8 | -83.61 | 47.49 | -33.75 | -28.61 | 10.92 | -25.42 | -16.98 | 146.8 | -4.59 | 11.58 | 0 | 0 | 0 | 119.7 | -0.32 | 29.41 | 1.26 | 3.28 | 29.9 | 185.58 | -0.01 | -0.01 | 34.26 | 0.0 | 50.86 | 0.76 | 0.0 | -73.88 | 293.04 | 2.4 | 19.45 | 328.07 | 2.14 | 21.08 | 10.0 | 26.42 | 20.48 | 303.04 | 3.05 | 19.48 | 0.00 | -1.7 | -11.19 |
| 22Q3 (12) | 194.93 | -2.91 | 28.65 | 0 | 0 | 0 | 32.57 | 1.15 | -30.79 | 0 | 0 | 0 | 114.72 | 1.16 | -23.39 | 25.0 | -14.82 | -53.96 | 71.68 | 12.09 | -15.74 | 14.64 | 20.11 | -20.51 | 153.86 | 0.95 | 15.57 | 0 | 0 | 0 | 120.09 | 38.38 | 79.05 | 1.22 | -6.87 | 38.64 | 185.59 | 0.0 | -0.01 | 34.26 | 0.0 | 50.86 | 0.76 | 0.0 | -73.88 | 286.16 | 9.57 | 36.31 | 321.19 | 8.44 | 36.35 | 7.91 | 73.09 | 17.36 | 294.07 | 10.66 | 35.72 | 0.00 | -5.48 | -16.79 |
| 22Q2 (11) | 200.78 | 8.34 | 70.21 | 0 | 0 | 0 | 32.2 | -4.08 | -33.57 | 0 | 0 | 0 | 113.4 | -2.22 | -0.75 | 29.35 | 0.2 | 52.47 | 63.95 | -2.23 | 11.59 | 12.19 | -2.07 | -10.3 | 152.41 | 12.29 | 8.79 | 0 | 0 | 0 | 86.78 | -1.48 | 7.68 | 1.31 | 52.33 | 77.03 | 185.59 | 0.0 | -0.01 | 34.26 | 50.86 | 96.67 | 0.76 | -73.88 | -87.76 | 261.16 | -4.9 | 44.52 | 296.19 | -1.35 | 44.95 | 4.57 | -52.84 | 419.32 | 265.73 | -6.54 | 46.34 | 0.00 | 1.87 | -19.57 |
| 22Q1 (10) | 185.33 | -0.17 | 78.72 | 0 | 0 | 0 | 33.57 | 8.47 | -39.68 | 0 | 0 | 0 | 115.98 | -20.26 | 20.47 | 29.29 | -20.67 | 219.76 | 65.41 | -1.67 | 24.66 | 12.45 | -5.36 | -5.07 | 135.73 | 3.17 | 2.53 | 0 | 0 | 0 | 88.08 | -4.78 | 8.61 | 0.86 | -11.34 | 32.31 | 185.59 | -0.01 | -0.01 | 22.71 | 0.0 | 30.37 | 2.91 | 0.0 | -53.14 | 274.62 | 11.94 | 70.04 | 300.24 | 10.81 | 62.18 | 9.69 | 16.75 | 707.5 | 284.31 | 12.1 | 74.74 | 0.00 | -6.16 | -24.84 |
| 21Q4 (9) | 185.65 | 22.53 | 56.28 | 0 | 0 | 0 | 30.95 | -34.23 | -42.81 | 0 | 0 | 0 | 145.45 | -2.86 | 43.19 | 36.92 | -32.01 | 219.38 | 66.52 | -21.81 | 30.38 | 13.15 | -28.59 | 2.61 | 131.56 | -1.18 | 1.63 | 0 | 0 | 0 | 92.5 | 37.92 | -13.85 | 0.97 | 10.23 | 70.18 | 185.6 | 0.0 | -0.01 | 22.71 | 0.0 | 30.37 | 2.91 | 0.0 | -53.14 | 245.33 | 16.86 | 59.21 | 270.95 | 15.02 | 52.46 | 8.3 | 23.15 | 326.78 | 253.63 | 17.05 | 68.6 | 0.00 | -7.9 | -22.54 |
| 21Q3 (8) | 151.52 | 28.45 | 94.31 | 0 | 0 | 0 | 47.06 | -2.91 | 5.47 | 0 | 0 | 0 | 149.74 | 31.05 | 36.66 | 54.3 | 182.08 | 235.6 | 85.07 | 48.44 | 23.77 | 18.42 | 35.53 | 5.12 | 133.13 | -4.97 | 6.63 | 0 | 0 | 0 | 67.07 | -16.78 | -33.13 | 0.88 | 18.92 | 44.26 | 185.6 | 0.0 | -0.02 | 22.71 | 30.37 | 30.37 | 2.91 | -53.14 | -53.14 | 209.94 | 16.18 | 47.26 | 235.57 | 15.28 | 41.75 | 6.74 | 665.91 | 193.74 | 216.68 | 19.32 | 60.07 | 0.00 | -8.65 | -19.38 |
| 21Q2 (7) | 117.96 | 13.75 | 19.27 | 0 | 0 | 0 | 48.47 | -12.9 | 30.61 | 0 | 0 | 0 | 114.26 | 18.69 | 23.24 | 19.25 | 110.15 | 44.74 | 57.31 | 9.22 | 11.04 | 13.59 | 3.64 | 0 | 140.09 | 5.82 | 21.63 | 0 | 0 | 0 | 80.59 | -0.63 | -15.91 | 0.74 | 13.85 | 57.45 | 185.6 | -0.01 | -0.02 | 17.42 | 0.0 | 0.0 | 6.21 | 0.0 | 0.0 | 180.71 | 11.89 | 42.84 | 204.34 | 10.38 | 36.1 | 0.88 | -26.67 | 110.69 | 181.59 | 11.61 | 53.53 | 0.00 | -4.81 | -16.12 |
| 21Q1 (6) | 103.7 | -12.7 | 14.47 | 0 | 0 | 0 | 55.65 | 2.83 | 69.87 | 0 | 0 | 0 | 96.27 | -5.23 | 2.25 | 9.16 | -20.76 | -25.04 | 52.47 | 2.84 | -5.95 | 13.11 | 2.3 | 0 | 132.38 | 2.26 | 22.85 | 0 | 0 | 0 | 81.1 | -24.47 | -23.63 | 0.65 | 14.04 | 38.3 | 185.61 | -0.01 | 0.88 | 17.42 | 0.0 | 20.89 | 6.21 | 0.0 | -38.33 | 161.5 | 4.81 | 20.13 | 185.13 | 4.17 | 16.49 | 1.2 | 132.79 | 108.18 | 162.7 | 8.16 | 35.84 | 0.00 | -3.28 | -11.26 |
| 20Q4 (5) | 118.79 | 52.33 | 36.15 | 0 | 0 | -100.0 | 54.12 | 21.29 | 65.66 | 0 | 0 | 0 | 101.58 | -7.29 | 6.02 | 11.56 | -28.55 | 53.32 | 51.02 | -25.77 | 3.68 | 12.82 | -26.84 | 0 | 129.45 | 3.68 | 1.05 | 0 | 0 | 0 | 107.37 | 7.05 | 9.85 | 0.57 | -6.56 | 21.28 | 185.62 | -0.01 | 0.89 | 17.42 | 0.0 | 20.89 | 6.21 | 0.0 | -38.33 | 154.09 | 8.09 | 25.91 | 177.72 | 6.94 | 21.02 | -3.66 | 49.1 | 62.58 | 150.43 | 11.13 | 33.6 | 0.00 | -4.15 | -10.23 |
| 20Q3 (4) | 77.98 | -21.15 | 0.0 | 0 | 0 | 0.0 | 44.62 | 20.24 | 0.0 | 0 | 0 | 0.0 | 109.57 | 18.19 | 0.0 | 16.18 | 21.65 | 0.0 | 68.73 | 33.17 | 0.0 | 17.52 | 0 | 0.0 | 124.85 | 8.4 | 0.0 | 0 | 0 | 0.0 | 100.3 | 4.65 | 0.0 | 0.61 | 29.79 | 0.0 | 185.63 | 0.0 | 0.0 | 17.42 | 0.0 | 0.0 | 6.21 | 0.0 | 0.0 | 142.56 | 12.69 | 0.0 | 166.19 | 10.69 | 0.0 | -7.19 | 12.64 | 0.0 | 135.37 | 14.45 | 0.0 | 0.00 | -4.95 | 0.0 |
