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) | 53.79 | 42.53 | 21.79 | 7.5 | 25.26 | -16.99 | 0 | 0 | 77.55 | 52.3 | 16.55 | 77.19 | 12.68 | 1.28 | 16.35 | -33.5 | 134.78 | 5.21 | 50.52 | 8.74 | 101.56 | 12.05 | 0.15 | 0.0 | 14.71 | 0.0 | 5.65 | 20.99 | 0 | 0 | 34.75 | 39.5 | 40.39 | 36.54 | 3.07 | 90.68 | 37.82 | 42.61 | 0.16 | 15.14 |
| 2022 (9) | 37.74 | 32.93 | 20.27 | -7.86 | 30.43 | 856.92 | 0 | 0 | 50.92 | -19.89 | 9.34 | -43.67 | 12.52 | -11.39 | 24.59 | 10.6 | 128.11 | 22.91 | 46.46 | 13.76 | 90.64 | 11.57 | 0.15 | -6.25 | 14.71 | 7.77 | 4.67 | 61.03 | 0 | 0 | 24.91 | -2.35 | 29.58 | 4.08 | 1.61 | 78.89 | 26.52 | 0.42 | 0.14 | 29.7 |
| 2021 (8) | 28.39 | 40.54 | 22.0 | 19.83 | 3.18 | 77.65 | 0 | 0 | 63.56 | 69.63 | 16.58 | 19.45 | 14.13 | 37.45 | 22.23 | -18.97 | 104.23 | 139.5 | 40.84 | 2207.34 | 81.24 | 261.87 | 0.16 | 433.33 | 13.65 | 41.01 | 2.9 | 92.05 | 0 | 0 | 25.51 | 52.48 | 28.42 | 53.37 | 0.9 | 119.51 | 26.41 | 54.08 | 0.11 | 218.45 |
| 2020 (7) | 20.2 | 132.99 | 18.36 | 178.6 | 1.79 | 0 | 0 | 0 | 37.47 | 116.09 | 13.88 | 145.66 | 10.28 | 90.02 | 27.44 | -12.07 | 43.52 | 78.73 | 1.77 | 152.86 | 22.45 | 30.52 | 0.03 | 200.0 | 9.68 | 11.26 | 1.51 | 62.37 | 0.3 | 0.0 | 16.73 | 128.55 | 18.53 | 116.73 | 0.41 | 0 | 17.14 | 144.16 | 0.03 | -3.52 |
| 2019 (6) | 8.67 | 47.45 | 6.59 | 26.73 | 0 | 0 | 0 | 0 | 17.34 | 53.45 | 5.65 | 22.29 | 5.41 | 86.55 | 31.20 | 21.57 | 24.35 | 155.51 | 0.7 | 7.69 | 17.2 | 3639.13 | 0.01 | 0 | 8.7 | 1.64 | 0.93 | 97.87 | 0.3 | 0 | 7.32 | 32.37 | 8.55 | 42.5 | -0.3 | 0 | 7.02 | 34.23 | 0.03 | 67.72 |
| 2018 (5) | 5.88 | -3.76 | 5.2 | 550.0 | 1.61 | 0 | 0 | 0 | 11.3 | 43.4 | 4.62 | 152.46 | 2.9 | 20.83 | 25.66 | -15.74 | 9.53 | 67.19 | 0.65 | 1.56 | 0.46 | -76.29 | 0 | 0 | 8.56 | 0.0 | 0.47 | 62.07 | 0 | 0 | 5.53 | 39.29 | 6.0 | 40.85 | -0.3 | 0 | 5.23 | 31.74 | 0.02 | -24.57 |
| 2017 (4) | 6.11 | 13.15 | 0.8 | 166.67 | 0 | 0 | 0 | 0 | 7.88 | 75.5 | 1.83 | 1563.64 | 2.4 | 87.5 | 30.46 | 6.84 | 5.7 | -15.43 | 0.64 | 1180.0 | 1.94 | 31.08 | 0 | 0 | 8.56 | 0.0 | 0.29 | 3.57 | 0 | 0 | 3.97 | 83.8 | 4.26 | 75.31 | 0 | 0 | 3.97 | 83.8 | 0.03 | 22.8 |
| 2016 (3) | 5.4 | -26.23 | 0.3 | -40.0 | 3.46 | 61.68 | 0 | 0 | 4.49 | -51.04 | 0.11 | -87.91 | 1.28 | -25.58 | 28.51 | 51.99 | 6.74 | -19.57 | 0.05 | 0 | 1.48 | -72.08 | 0 | 0 | 8.56 | 0.0 | 0.28 | 55.56 | 0 | 0 | 2.16 | 0.93 | 2.43 | 4.29 | 0 | 0 | 2.16 | 0.93 | 0.02 | -0.89 |
| 2015 (2) | 7.32 | 17.68 | 0.5 | 0.0 | 2.14 | 1026.32 | 0 | 0 | 9.17 | -50.46 | 0.91 | -74.22 | 1.72 | -47.88 | 18.76 | 5.21 | 8.38 | -24.64 | 0 | 0 | 5.3 | -43.92 | 0 | 0 | 8.56 | 0.0 | 0.18 | 0 | 0 | 0 | 2.14 | 16.3 | 2.33 | 26.63 | 0 | 0 | 2.14 | 16.3 | 0.02 | -7.99 |
| 2014 (1) | 6.22 | 33.76 | 0.5 | -85.99 | 0.19 | 0 | 0 | 0 | 18.51 | 112.03 | 3.53 | 4.44 | 3.3 | -17.5 | 17.83 | -61.09 | 11.12 | 57.73 | 0 | 0 | 9.45 | 538.51 | 0 | 0 | 8.56 | 0.0 | 0 | 0 | 0 | 0 | 1.84 | 0 | 1.84 | 0 | 0 | 0 | 1.84 | 0 | 0.02 | -35.5 |
| 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) | 59.82 | 20.22 | 59.65 | 35.93 | 218.53 | 64.89 | 42.88 | 85.95 | 17.58 | 0 | 0 | 0 | 19.0 | 14.32 | 21.02 | 5.88 | 8.89 | 60.66 | 17.95 | 19.99 | 35.57 | 17.97 | 16.02 | -29.83 | 210.41 | 42.6 | 43.82 | 51.98 | 0.72 | 4.86 | 148.53 | 23.6 | 45.13 | 0.15 | 0.0 | 0.0 | 18.19 | 0.0 | 23.66 | 7.36 | 0.0 | 30.27 | 0 | 0 | 0 | 41.43 | 16.54 | 58.67 | 48.78 | 13.68 | 53.59 | 3.48 | -20.37 | 98.86 | 44.91 | 12.5 | 61.2 | 0.15 | -2.1 | 10.69 |
| 24Q2 (19) | 49.76 | -1.48 | 38.15 | 11.28 | -76.18 | -55.97 | 23.06 | -0.52 | -45.72 | 0 | 0 | 0 | 16.62 | -27.11 | 19.31 | 5.4 | -41.24 | 47.14 | 14.96 | 8.17 | 24.67 | 15.49 | 5.16 | -38.55 | 147.55 | 8.49 | 4.59 | 51.61 | 2.58 | 6.11 | 120.17 | 55.94 | 42.89 | 0.15 | 0.0 | 0.0 | 18.19 | 23.66 | 23.66 | 7.36 | 30.27 | 30.27 | 0 | 0 | 0 | 35.55 | -19.09 | 58.85 | 42.91 | -13.45 | 53.09 | 4.37 | 10.63 | 169.75 | 39.92 | -16.64 | 66.33 | 0.15 | 2.49 | 6.98 |
| 24Q1 (18) | 50.51 | -6.1 | 65.23 | 47.36 | 117.35 | 123.4 | 23.18 | -8.23 | -40.52 | 0 | 0 | 0 | 22.8 | -44.99 | 252.94 | 9.19 | 3.03 | 2963.33 | 13.83 | 9.07 | 50.65 | 14.73 | -9.91 | -26.07 | 136.0 | 0.91 | -0.42 | 50.31 | -0.42 | 7.0 | 77.06 | -24.12 | -9.01 | 0.15 | 0.0 | 0.0 | 14.71 | 0.0 | 0.0 | 5.65 | 0.0 | 20.99 | 0 | 0 | 0 | 43.94 | 26.45 | 69.33 | 49.58 | 22.75 | 61.97 | 3.95 | 28.66 | 240.52 | 47.89 | 26.63 | 76.65 | 0.14 | -8.68 | 7.05 |
| 23Q4 (17) | 53.79 | 43.55 | 42.53 | 21.79 | 0.0 | 7.5 | 25.26 | -30.74 | -16.99 | 0 | 0 | 0 | 41.45 | 164.01 | 165.71 | 8.92 | 143.72 | 222.02 | 12.68 | -4.23 | 1.28 | 16.35 | -36.16 | -33.49 | 134.78 | -7.87 | 5.21 | 50.52 | 1.92 | 8.74 | 101.56 | -0.76 | 12.05 | 0.15 | 0.0 | 0.0 | 14.71 | 0.0 | 0.0 | 5.65 | 0.0 | 20.99 | 0 | 0 | 0 | 34.75 | 33.09 | 39.5 | 40.39 | 27.17 | 36.54 | 3.07 | 75.43 | 90.68 | 37.82 | 35.75 | 42.61 | 0.16 | 20.8 | 15.14 |
| 23Q3 (16) | 37.47 | 4.03 | 6.54 | 21.79 | -14.95 | 30.71 | 36.47 | -14.15 | 187.85 | 0 | 0 | 0 | 15.7 | 12.71 | 35.23 | 3.66 | -0.27 | 117.86 | 13.24 | 10.33 | 47.11 | 25.61 | 1.6 | 79.5 | 146.3 | 3.7 | 21.75 | 49.57 | 1.91 | 7.06 | 102.34 | 21.69 | -3.15 | 0.15 | 0.0 | 0.0 | 14.71 | 0.0 | 0.0 | 5.65 | 0.0 | 20.99 | 0 | 0 | 0 | 26.11 | 16.67 | 17.09 | 31.76 | 13.31 | 17.76 | 1.75 | 8.02 | 6.06 | 27.86 | 16.08 | 16.33 | 0.13 | -5.38 | 38.33 |
| 23Q2 (15) | 36.02 | 17.83 | 9.18 | 25.62 | 20.85 | 43.53 | 42.48 | 9.01 | 580.77 | 0 | 0 | 0 | 13.93 | 115.63 | 12.34 | 3.67 | 1123.33 | 118.45 | 12.0 | 30.72 | 37.77 | 25.21 | 26.52 | 81.39 | 141.08 | 3.3 | 23.35 | 48.64 | 3.45 | 6.74 | 84.1 | -0.7 | -10.59 | 0.15 | 0.0 | -6.25 | 14.71 | 0.0 | 0.0 | 5.65 | 20.99 | 20.99 | 0 | 0 | 0 | 22.38 | -13.76 | 11.57 | 28.03 | -8.43 | 13.39 | 1.62 | 39.66 | 12.5 | 24.0 | -11.47 | 11.63 | 0.14 | 2.55 | 27.64 |
| 23Q1 (14) | 30.57 | -19.0 | 6.04 | 21.2 | 4.59 | -8.62 | 38.97 | 28.06 | 1471.37 | 0 | 0 | 0 | 6.46 | -58.59 | -42.88 | 0.3 | -89.17 | -90.65 | 9.18 | -26.68 | -21.47 | 19.93 | -18.96 | 5.53 | 136.57 | 6.6 | 24.15 | 47.02 | 1.21 | 3.48 | 84.69 | -6.56 | -4.45 | 0.15 | 0.0 | -6.25 | 14.71 | 0.0 | 7.77 | 4.67 | 0.0 | 61.03 | 0 | 0 | 0 | 25.95 | 4.18 | -9.86 | 30.61 | 3.48 | -3.41 | 1.16 | -27.95 | -10.08 | 27.11 | 2.22 | -9.87 | 0.14 | -1.78 | 35.64 |
| 22Q4 (13) | 37.74 | 7.31 | 32.93 | 20.27 | 21.6 | -7.86 | 30.43 | 140.17 | 856.92 | 0 | 0 | 0 | 15.6 | 34.37 | -43.78 | 2.77 | 64.88 | -44.38 | 12.52 | 39.11 | -11.39 | 24.59 | 72.3 | 10.6 | 128.11 | 6.62 | 22.91 | 46.46 | 0.35 | 13.76 | 90.64 | -14.22 | 11.57 | 0.15 | 0.0 | -6.25 | 14.71 | 0.0 | 7.77 | 4.67 | 0.0 | 61.03 | 0 | 0 | 0 | 24.91 | 11.7 | -2.35 | 29.58 | 9.68 | 4.08 | 1.61 | -2.42 | 78.89 | 26.52 | 10.73 | 0.42 | 0.14 | 45.13 | 29.7 |
| 22Q3 (12) | 35.17 | 6.61 | 78.08 | 16.67 | -6.61 | -6.77 | 12.67 | 103.04 | 71.91 | 0 | 0 | 0 | 11.61 | -6.37 | 3.57 | 1.68 | 0.0 | -52.27 | 9.0 | 3.33 | -11.24 | 14.27 | 2.67 | -29.89 | 120.16 | 5.06 | 16.9 | 46.3 | 1.6 | 11.94 | 105.67 | 12.34 | 44.26 | 0.15 | -6.25 | 650.0 | 14.71 | 0.0 | 7.77 | 4.67 | 0.0 | 61.03 | 0 | 0 | 0 | 22.3 | 11.17 | 9.21 | 26.97 | 9.1 | 15.65 | 1.65 | 14.58 | 170.49 | 23.95 | 11.4 | 13.88 | 0.09 | -12.68 | -15.97 |
| 22Q2 (11) | 32.99 | 14.43 | 59.84 | 17.85 | -23.06 | -26.48 | 6.24 | 151.61 | 282.82 | 0 | 0 | 0 | 12.4 | 9.64 | 6.53 | 1.68 | -47.66 | -49.7 | 8.71 | -25.49 | 15.36 | 13.90 | -26.4 | -8.55 | 114.37 | 3.97 | 34.57 | 45.57 | 0.29 | 11.09 | 94.06 | 6.13 | 63.67 | 0.16 | 0.0 | 433.33 | 14.71 | 7.77 | 38.12 | 4.67 | 61.03 | 61.03 | 0 | 0 | 0 | 20.06 | -30.32 | 22.47 | 24.72 | -21.99 | 28.15 | 1.44 | 11.63 | 380.0 | 21.5 | -28.52 | 28.9 | 0.11 | 8.97 | -31.73 |
| 22Q1 (10) | 28.83 | 1.55 | 48.68 | 23.2 | 5.45 | 19.28 | 2.48 | -22.01 | -49.08 | 0 | 0 | 0 | 11.31 | -59.24 | -12.73 | 3.21 | -35.54 | -32.28 | 11.69 | -17.27 | 14.38 | 18.88 | -15.06 | -16.8 | 110.0 | 5.54 | 71.31 | 45.44 | 11.26 | 11.98 | 88.63 | 9.1 | 101.25 | 0.16 | 0.0 | 433.33 | 13.65 | 0.0 | 41.01 | 2.9 | 0.0 | 92.05 | 0 | 0 | -100.0 | 28.79 | 12.86 | 31.58 | 31.69 | 11.51 | 33.77 | 1.29 | 43.33 | 344.83 | 30.08 | 13.9 | 35.68 | 0.10 | -6.08 | -30.59 |
| 21Q4 (9) | 28.39 | 43.75 | 40.54 | 22.0 | 23.04 | 19.83 | 3.18 | -56.85 | 77.65 | 0 | 0 | 0 | 27.75 | 147.55 | 98.07 | 4.98 | 41.48 | -8.29 | 14.13 | 39.35 | 37.45 | 22.23 | 9.23 | -18.97 | 104.23 | 1.4 | 139.5 | 40.84 | -1.26 | 2207.34 | 81.24 | 10.91 | 261.87 | 0.16 | 700.0 | 433.33 | 13.65 | 0.0 | 41.01 | 2.9 | 0.0 | 92.05 | 0 | 0 | -100.0 | 25.51 | 24.93 | 52.48 | 28.42 | 21.87 | 53.37 | 0.9 | 47.54 | 119.51 | 26.41 | 25.58 | 54.08 | 0.11 | -5.97 | 218.45 |
| 21Q3 (8) | 19.75 | -4.31 | 39.38 | 17.88 | -26.36 | 4.99 | 7.37 | 352.15 | 366.46 | 0 | 0 | 0 | 11.21 | -3.69 | 1.26 | 3.52 | 5.39 | -5.38 | 10.14 | 34.3 | 44.86 | 20.35 | 33.93 | -7.45 | 102.79 | 20.94 | 166.43 | 41.36 | 0.83 | 5808.57 | 73.25 | 27.46 | 282.11 | 0.02 | -33.33 | -33.33 | 13.65 | 28.17 | 41.01 | 2.9 | 0.0 | 92.05 | 0 | 0 | -100.0 | 20.42 | 24.66 | 80.87 | 23.32 | 20.89 | 78.02 | 0.61 | 103.33 | 252.5 | 21.03 | 26.08 | 93.11 | 0.11 | -29.06 | 213.43 |
| 21Q2 (7) | 20.64 | 6.45 | 31.38 | 24.28 | 24.83 | 78.27 | 1.63 | -66.53 | 10.88 | 0 | 0 | 0 | 11.64 | -10.19 | 66.52 | 3.34 | -29.54 | 13.61 | 7.55 | -26.13 | 84.6 | 15.20 | -33.04 | 0 | 84.99 | 32.36 | 148.44 | 41.02 | 1.08 | 6210.77 | 57.47 | 30.5 | 224.87 | 0.03 | 0.0 | 0.0 | 10.65 | 10.02 | 17.03 | 2.9 | 92.05 | 92.05 | 0 | -100.0 | -100.0 | 16.38 | -25.14 | 117.82 | 19.29 | -18.57 | 106.75 | 0.3 | 3.45 | 193.75 | 16.68 | -24.76 | 131.67 | 0.16 | 10.79 | 331.86 |
| 21Q1 (6) | 19.39 | -4.01 | 29.27 | 19.45 | 5.94 | 61.68 | 4.87 | 172.07 | 0 | 0 | 0 | 0 | 12.96 | -7.49 | 140.0 | 4.74 | -12.71 | 166.29 | 10.22 | -0.58 | 217.39 | 22.70 | -17.27 | 0 | 64.21 | 47.54 | 122.33 | 40.58 | 2192.66 | 6143.08 | 44.04 | 96.17 | 115.14 | 0.03 | 0.0 | -25.0 | 9.68 | 0.0 | 10.63 | 1.51 | 0.0 | 62.37 | 0.3 | 0.0 | 0.0 | 21.88 | 30.78 | 140.44 | 23.69 | 27.85 | 129.55 | 0.29 | -29.27 | 196.67 | 22.17 | 29.35 | 151.93 | 0.14 | 330.89 | 285.08 |
| 20Q4 (5) | 20.2 | 42.55 | 132.99 | 18.36 | 7.81 | 178.6 | 1.79 | 13.29 | 0 | 0 | 0 | 0 | 14.01 | 26.56 | 67.38 | 5.43 | 45.97 | 143.5 | 10.28 | 46.86 | 90.02 | 27.44 | 24.75 | 0 | 43.52 | 12.8 | 78.73 | 1.77 | 152.86 | 152.86 | 22.45 | 17.11 | 30.52 | 0.03 | 0.0 | 200.0 | 9.68 | 0.0 | 11.26 | 1.51 | 0.0 | 62.37 | 0.3 | 0.0 | 0.0 | 16.73 | 48.18 | 128.55 | 18.53 | 41.45 | 116.73 | 0.41 | 202.5 | 236.67 | 17.14 | 57.39 | 144.16 | 0.03 | -7.46 | -3.52 |
| 20Q3 (4) | 14.17 | -9.8 | 0.0 | 17.03 | 25.04 | 0.0 | 1.58 | 7.48 | 0.0 | 0 | 0 | 0.0 | 11.07 | 58.37 | 0.0 | 3.72 | 26.53 | 0.0 | 7.0 | 71.15 | 0.0 | 21.99 | 0 | 0.0 | 38.58 | 12.77 | 0.0 | 0.7 | 7.69 | 0.0 | 19.17 | 8.37 | 0.0 | 0.03 | 0.0 | 0.0 | 9.68 | 6.37 | 0.0 | 1.51 | 0.0 | 0.0 | 0.3 | 0.0 | 0.0 | 11.29 | 50.13 | 0.0 | 13.1 | 40.41 | 0.0 | -0.4 | -25.0 | 0.0 | 10.89 | 51.25 | 0.0 | 0.04 | -2.25 | 0.0 |
