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) | 254.73 | -18.36 | 299.2 | 15.21 | 15.56 | -4.89 | 0 | 0 | 2035.95 | -15.11 | 29.76 | -63.94 | 380.42 | -5.25 | 18.69 | 11.62 | 379.31 | -13.54 | 91.59 | 43.11 | 330.46 | -5.8 | 95.13 | -6.99 | 196.68 | 0.0 | 42.7 | 24.2 | 50.76 | 509.36 | 94.47 | -52.56 | 187.93 | -22.29 | -33.88 | 0 | 60.59 | -59.17 | 0.42 | 5.31 |
| 2022 (9) | 312.03 | 75.49 | 259.7 | 6.89 | 16.36 | 39.12 | 0 | 0 | 2398.37 | 6.14 | 82.52 | -0.67 | 401.5 | 21.64 | 16.74 | 14.6 | 438.7 | -12.52 | 64.0 | -14.38 | 350.82 | 31.38 | 102.28 | -2.95 | 196.68 | 0.0 | 34.38 | 30.28 | 8.33 | -34.15 | 199.14 | 18.02 | 241.85 | 16.4 | -50.76 | 0 | 148.38 | -7.49 | 0.40 | 7.26 |
| 2021 (8) | 177.81 | -21.11 | 242.95 | 14.97 | 11.76 | 10.63 | 0 | 0 | 2259.61 | 17.87 | 83.08 | 66.56 | 330.07 | -9.57 | 14.61 | -23.28 | 501.48 | 42.71 | 74.75 | -62.38 | 267.02 | 19.38 | 105.39 | 15.57 | 196.68 | 0.0 | 26.39 | 20.83 | 12.65 | 107.72 | 168.73 | 30.29 | 207.78 | 31.98 | -8.33 | 0 | 160.4 | 37.27 | 0.37 | -4.01 |
| 2020 (7) | 225.4 | 109.07 | 211.32 | 6.18 | 10.63 | 165.75 | 0 | 0 | 1917.02 | 12.93 | 49.88 | 39.52 | 365.02 | 16.62 | 19.04 | 3.27 | 351.39 | 25.99 | 198.69 | -6.2 | 223.67 | 34.13 | 91.19 | 79.9 | 196.68 | 0.0 | 21.84 | 19.61 | 6.09 | 262.5 | 129.5 | 21.38 | 157.43 | 24.31 | -12.65 | 0 | 116.85 | 16.15 | 0.39 | 32.61 |
| 2019 (6) | 107.81 | 12.08 | 199.02 | 34.59 | 4.0 | -83.06 | 0 | 0 | 1697.54 | 8.97 | 35.75 | -11.4 | 313.0 | 11.35 | 18.44 | 2.18 | 278.91 | 11.28 | 211.82 | -4.66 | 166.75 | 2.72 | 50.69 | 1.48 | 196.68 | 0.0 | 18.26 | 28.32 | 1.68 | -56.25 | 106.69 | 18.61 | 126.64 | 17.24 | -6.09 | 0 | 100.6 | 13.97 | 0.29 | 57.76 |
| 2018 (5) | 96.19 | 44.93 | 147.87 | -9.07 | 23.61 | 36.32 | 0 | 0 | 1557.83 | 13.82 | 40.35 | -23.74 | 281.1 | -0.05 | 18.04 | -12.19 | 250.63 | 24.2 | 222.17 | 15.26 | 162.34 | 24.52 | 49.95 | -0.18 | 196.68 | 0.0 | 14.23 | 59.17 | 3.84 | 0 | 89.95 | 4.5 | 108.02 | 13.69 | -1.68 | 0 | 88.27 | 7.33 | 0.19 | 6.0 |
| 2017 (4) | 66.37 | -2.75 | 162.62 | 101.49 | 17.32 | -60.84 | 0 | 0 | 1368.62 | 5.64 | 52.91 | 21.86 | 281.25 | 11.03 | 20.55 | 5.1 | 201.79 | 18.25 | 192.76 | 5.14 | 130.37 | 28.28 | 50.04 | 2365.02 | 196.68 | 0.0 | 8.94 | 94.35 | 0 | 0 | 86.08 | 35.62 | 95.01 | 39.6 | -3.84 | 0 | 82.24 | 14.13 | 0.18 | 68.25 |
| 2016 (3) | 68.25 | -24.47 | 80.71 | -43.51 | 44.23 | 73.25 | 0 | 0 | 1295.54 | -2.67 | 43.42 | 100.18 | 253.31 | 1.07 | 19.55 | 3.84 | 170.65 | 4.14 | 183.34 | -2.73 | 101.63 | -33.37 | 2.03 | 2.53 | 196.68 | 0.0 | 4.6 | 89.3 | 0 | 0 | 63.47 | 92.16 | 68.06 | 91.93 | 8.59 | -54.28 | 72.06 | 39.06 | 0.10 | -20.2 |
| 2015 (2) | 90.36 | 0.52 | 142.88 | 1.06 | 25.53 | -21.95 | 1.81 | 16.03 | 1331.02 | -0.31 | 21.69 | -26.99 | 250.62 | -11.18 | 18.83 | -10.91 | 163.87 | -7.79 | 188.49 | 0.85 | 152.54 | -4.09 | 1.98 | -4.81 | 196.68 | 0.0 | 2.43 | 0 | 0 | 0 | 33.03 | 29.17 | 35.46 | 38.68 | 18.79 | -9.31 | 51.82 | 11.95 | 0.13 | -14.58 |
| 2014 (1) | 89.89 | -21.7 | 141.38 | 43.36 | 32.71 | -20.36 | 1.56 | 24.8 | 1335.11 | 11.98 | 29.71 | 319.04 | 282.17 | 82.42 | 21.13 | 62.91 | 177.72 | 21.13 | 186.91 | 14.07 | 159.05 | -8.06 | 2.08 | 18.86 | 196.68 | 0.0 | 0 | 0 | 0 | 0 | 25.57 | 0 | 25.57 | 0 | 20.72 | 55.56 | 46.29 | 423.05 | 0.15 | 24.72 |
| 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) | 243.34 | 5.5 | 4.35 | 352.28 | 16.7 | 32.53 | 18.15 | 7.02 | -35.68 | 0 | 0 | 0 | 507.94 | 1.88 | 0.84 | 10.53 | 58.82 | -12.4 | 393.75 | 0.49 | -3.33 | 19.86 | 0.28 | 1.95 | 415.78 | 6.76 | 8.32 | 94.05 | 0.43 | -0.1 | 380.19 | 8.14 | 15.39 | 108.79 | 13.86 | 11.92 | 196.68 | 0.0 | 0.0 | 42.7 | 0.0 | 0.0 | 33.88 | 0.0 | -33.25 | 105.76 | 9.1 | 18.27 | 182.34 | 5.08 | -0.3 | -28.75 | -51.8 | -5.16 | 77.01 | -1.27 | 24.05 | 0.43 | 2.72 | 1.79 |
| 24Q2 (19) | 230.65 | -22.3 | -16.69 | 301.87 | -17.21 | 34.01 | 16.96 | 8.03 | -19.47 | 0 | 0 | 0 | 498.57 | 6.27 | -4.33 | 6.63 | 157.98 | -35.25 | 391.83 | 4.29 | 3.09 | 19.81 | 5.48 | 14.0 | 389.44 | 6.25 | 8.65 | 93.65 | -0.75 | 3.41 | 351.56 | 2.88 | 2.82 | 95.55 | -0.54 | -3.52 | 196.68 | 0.0 | 0.0 | 42.7 | 0.0 | 0.0 | 33.88 | -33.25 | -33.25 | 96.94 | 32.02 | -21.64 | 173.52 | 3.97 | -20.1 | -18.94 | 8.33 | 31.62 | 78.0 | 47.81 | -18.76 | 0.42 | -1.73 | 2.43 |
| 24Q1 (18) | 296.84 | 16.53 | -18.79 | 364.64 | 21.87 | 28.44 | 15.7 | 0.9 | -55.64 | 0 | 0 | 0 | 469.14 | -7.41 | -7.0 | 2.57 | -39.67 | -20.68 | 375.72 | -1.24 | 0.27 | 18.78 | 0.51 | 14.98 | 366.52 | -3.37 | -7.58 | 94.36 | 3.02 | 48.93 | 341.71 | 3.4 | -10.88 | 96.07 | 0.99 | -5.07 | 196.68 | 0.0 | 0.0 | 42.7 | 0.0 | 24.2 | 50.76 | 0.0 | 509.36 | 73.43 | -22.27 | -55.29 | 166.9 | -11.19 | -19.34 | -20.66 | 39.02 | 29.7 | 52.77 | -12.91 | -60.86 | 0.42 | 0.4 | 0.48 |
| 23Q4 (17) | 254.73 | 9.23 | -18.36 | 299.2 | 12.56 | 15.21 | 15.56 | -44.86 | -4.89 | 0 | 0 | 0 | 506.67 | 0.59 | -9.71 | 4.26 | -64.56 | 14.52 | 380.42 | -6.6 | -5.25 | 18.69 | -4.1 | 11.62 | 379.31 | -1.19 | -13.54 | 91.59 | -2.71 | 43.11 | 330.46 | 0.3 | -5.8 | 95.13 | -2.13 | -6.99 | 196.68 | 0.0 | 0.0 | 42.7 | 0.0 | 24.2 | 50.76 | 0.0 | 509.36 | 94.47 | 5.65 | -52.56 | 187.93 | 2.76 | -22.29 | -33.88 | -23.92 | 33.25 | 60.59 | -2.4 | -59.17 | 0.42 | 0.44 | 5.31 |
| 23Q3 (16) | 233.2 | -15.77 | -32.97 | 265.81 | 18.0 | -34.75 | 28.22 | 34.0 | 48.84 | 0 | 0 | 0 | 503.7 | -3.34 | -16.13 | 12.02 | 17.38 | -81.11 | 407.3 | 7.16 | -14.13 | 19.48 | 12.13 | 0.88 | 383.86 | 7.09 | -28.11 | 94.14 | 3.95 | 58.32 | 329.47 | -3.64 | -10.78 | 97.2 | -1.86 | -6.55 | 196.68 | 0.0 | 0.0 | 42.7 | 0.0 | 24.2 | 50.76 | 0.0 | 509.36 | 89.42 | -27.72 | -54.27 | 182.89 | -15.78 | -23.24 | -27.34 | 1.3 | 35.99 | 62.08 | -35.34 | -59.39 | 0.42 | 3.37 | 6.9 |
| 23Q2 (15) | 276.86 | -24.26 | 49.25 | 225.26 | -20.65 | -37.32 | 21.06 | -40.49 | 21.52 | 0 | 0 | 0 | 521.12 | 3.3 | -17.01 | 10.24 | 216.05 | 4.28 | 380.07 | 1.43 | -11.84 | 17.38 | 6.38 | -2.16 | 358.45 | -9.61 | -36.25 | 90.56 | 42.93 | 58.54 | 341.92 | -10.82 | 14.14 | 99.04 | -2.13 | -6.36 | 196.68 | 0.0 | 0.0 | 42.7 | 24.2 | 24.2 | 50.76 | 509.36 | 509.36 | 123.71 | -24.67 | -6.26 | 217.17 | 4.95 | 24.32 | -27.7 | 5.75 | 39.39 | 96.01 | -28.79 | 11.29 | 0.41 | -3.6 | -4.12 |
| 23Q1 (14) | 365.54 | 17.15 | 83.65 | 283.89 | 9.31 | -13.37 | 35.39 | 116.32 | 144.91 | 0 | 0 | 0 | 504.46 | -10.11 | -17.12 | 3.24 | -12.9 | -39.33 | 374.72 | -6.67 | 7.09 | 16.33 | -2.43 | 10.13 | 396.56 | -9.61 | -29.66 | 63.36 | -1.0 | -17.4 | 383.42 | 9.29 | 51.86 | 101.2 | -1.06 | -4.89 | 196.68 | 0.0 | 0.0 | 34.38 | 0.0 | 30.28 | 8.33 | 0.0 | -34.15 | 164.22 | -17.54 | 31.47 | 206.93 | -14.44 | 26.22 | -29.39 | 42.1 | -56.83 | 134.83 | -9.13 | 26.99 | 0.42 | 5.23 | 2.83 |
| 22Q4 (13) | 312.03 | -10.32 | 75.49 | 259.7 | -36.25 | 6.89 | 16.36 | -13.71 | 39.12 | 0 | 0 | 0 | 561.17 | -6.57 | -9.3 | 3.72 | -94.15 | -62.61 | 401.5 | -15.35 | 21.64 | 16.74 | -13.32 | 14.6 | 438.7 | -17.83 | -12.52 | 64.0 | 7.64 | -14.38 | 350.82 | -5.0 | 31.38 | 102.28 | -1.66 | -2.95 | 196.68 | 0.0 | 0.0 | 34.38 | 0.0 | 30.28 | 8.33 | 0.0 | -34.15 | 199.14 | 1.83 | 18.02 | 241.85 | 1.5 | 16.4 | -50.76 | -18.85 | -509.36 | 148.38 | -2.92 | -7.49 | 0.40 | 1.95 | 7.26 |
| 22Q3 (12) | 347.92 | 87.56 | 106.73 | 407.4 | 13.36 | 30.03 | 18.96 | 9.41 | 65.3 | 0 | 0 | 0 | 600.6 | -4.35 | 5.0 | 63.64 | 548.07 | 356.2 | 474.32 | 10.03 | 40.62 | 19.31 | 8.74 | 26.67 | 533.92 | -5.05 | 11.25 | 59.46 | 4.1 | -11.99 | 369.29 | 23.28 | 50.18 | 104.01 | -1.66 | 1.95 | 196.68 | 0.0 | 0.0 | 34.38 | 0.0 | 30.28 | 8.33 | 0.0 | -34.15 | 195.56 | 48.19 | 24.16 | 238.27 | 36.4 | 21.23 | -42.71 | 6.54 | 14.13 | 152.85 | 77.18 | 41.83 | 0.39 | -7.29 | 0.44 |
| 22Q2 (11) | 185.5 | -6.8 | -12.64 | 359.39 | 9.66 | 51.16 | 17.33 | 19.93 | 63.49 | 0 | 0 | 0 | 627.94 | 3.17 | 12.16 | 9.82 | 83.9 | -74.19 | 431.1 | 23.2 | 30.47 | 17.76 | 19.75 | 15.95 | 562.31 | -0.26 | 33.86 | 57.12 | -25.54 | -15.25 | 299.55 | 18.64 | 16.46 | 105.77 | -0.59 | 2.18 | 196.68 | 0.0 | 0.0 | 34.38 | 30.28 | 30.28 | 8.33 | -34.15 | -34.15 | 131.97 | 5.65 | -7.81 | 174.68 | 6.54 | -4.12 | -45.7 | -143.86 | -204.26 | 86.27 | -18.74 | -32.67 | 0.42 | 3.39 | 12.0 |
| 22Q1 (10) | 199.04 | 11.94 | -15.76 | 327.72 | 34.89 | 45.16 | 14.45 | 22.87 | 43.35 | 0 | 0 | 0 | 608.66 | -1.63 | 19.57 | 5.34 | -46.33 | -74.72 | 349.91 | 6.01 | 13.64 | 14.83 | 1.53 | -2.03 | 563.79 | 12.43 | 57.06 | 76.71 | 2.62 | -62.03 | 252.49 | -5.44 | 4.56 | 106.4 | 0.96 | 17.18 | 196.68 | 0.0 | 0.0 | 26.39 | 0.0 | 20.83 | 12.65 | 0.0 | 107.72 | 124.91 | -25.97 | -14.08 | 163.95 | -21.09 | -5.4 | -18.74 | -124.97 | -1301.28 | 106.17 | -33.81 | -27.75 | 0.41 | 9.76 | 12.53 |
| 21Q4 (9) | 177.81 | 5.65 | -21.11 | 242.95 | -22.46 | 14.97 | 11.76 | 2.53 | 10.63 | 0 | 0 | 0 | 618.72 | 8.17 | 8.29 | 9.95 | -28.67 | -43.5 | 330.07 | -2.15 | -9.57 | 14.61 | -4.2 | -23.28 | 501.48 | 4.49 | 42.71 | 74.75 | 10.64 | -62.38 | 267.02 | 8.59 | 19.38 | 105.39 | 3.3 | 15.57 | 196.68 | 0.0 | 0.0 | 26.39 | 0.0 | 20.83 | 12.65 | 0.0 | 107.72 | 168.73 | 7.12 | 30.29 | 207.78 | 5.71 | 31.98 | -8.33 | 83.25 | 34.15 | 160.4 | 48.84 | 37.27 | 0.37 | -4.54 | -4.01 |
| 21Q3 (8) | 168.3 | -20.74 | -5.99 | 313.32 | 31.79 | 29.91 | 11.47 | 8.21 | 179.08 | 0 | 0 | 0 | 572.01 | 2.17 | 10.65 | 13.95 | -63.34 | -31.82 | 337.31 | 2.09 | -6.12 | 15.25 | -0.45 | -23.43 | 479.94 | 14.25 | 46.72 | 67.56 | 0.24 | -64.21 | 245.9 | -4.4 | 38.4 | 102.02 | -1.44 | 10.07 | 196.68 | 0.0 | 0.0 | 26.39 | 0.0 | 20.83 | 12.65 | 0.0 | 107.72 | 157.51 | 10.03 | 35.46 | 196.55 | 7.88 | 36.3 | -49.74 | -231.16 | -302.1 | 107.77 | -15.89 | 3.71 | 0.39 | 3.38 | -4.83 |
| 21Q2 (7) | 212.34 | -10.14 | 37.68 | 237.75 | 5.31 | 21.09 | 10.6 | 5.16 | 65.62 | 0 | 0 | 0 | 559.84 | 9.98 | 28.19 | 38.05 | 80.16 | 300.95 | 330.41 | 7.3 | 18.53 | 15.32 | 1.18 | 0 | 420.08 | 17.02 | 55.64 | 67.4 | -66.64 | -67.79 | 257.21 | 6.51 | 35.05 | 103.51 | 14.0 | 88.34 | 196.68 | 0.0 | 0.0 | 26.39 | 20.83 | 20.83 | 12.65 | 107.72 | 107.72 | 143.15 | -1.53 | 49.46 | 182.19 | 5.13 | 47.28 | -15.02 | -1062.82 | -17.9 | 128.13 | -12.8 | 54.3 | 0.38 | 3.88 | 24.41 |
| 21Q1 (6) | 236.29 | 4.83 | 69.82 | 225.76 | 6.83 | -4.27 | 10.08 | -5.17 | 183.94 | 0 | 0 | 0 | 509.04 | -10.9 | 29.86 | 21.12 | 19.93 | 806.44 | 307.92 | -15.64 | 23.87 | 15.14 | -20.5 | 0 | 358.97 | 2.16 | 43.45 | 202.05 | 1.69 | -1.02 | 241.49 | 7.97 | 52.26 | 90.8 | -0.43 | 82.51 | 196.68 | 0.0 | 0.0 | 21.84 | 0.0 | 19.61 | 6.09 | 0.0 | 262.5 | 145.38 | 12.26 | 33.35 | 173.3 | 10.08 | 34.37 | 1.56 | 112.33 | 115.03 | 146.94 | 25.75 | 48.97 | 0.36 | -6.37 | 22.74 |
| 20Q4 (5) | 225.4 | 25.9 | 109.07 | 211.32 | -12.38 | 6.18 | 10.63 | 158.64 | 165.75 | 0 | 0 | 0 | 571.34 | 10.52 | 24.58 | 17.61 | -13.93 | 177.76 | 365.02 | 1.59 | 16.62 | 19.04 | -4.38 | 0 | 351.39 | 7.42 | 25.99 | 198.69 | 5.27 | -6.2 | 223.67 | 25.89 | 34.13 | 91.19 | -1.62 | 79.9 | 196.68 | 0.0 | 0.0 | 21.84 | 0.0 | 19.61 | 6.09 | 0.0 | 262.5 | 129.5 | 11.37 | 21.38 | 157.43 | 9.17 | 24.31 | -12.65 | -2.26 | -107.72 | 116.85 | 12.45 | 16.15 | 0.39 | -5.35 | 32.61 |
| 20Q3 (4) | 179.03 | 16.08 | 0.0 | 241.19 | 22.84 | 0.0 | 4.11 | -35.78 | 0.0 | 0 | 0 | 0.0 | 516.95 | 18.37 | 0.0 | 20.46 | 115.6 | 0.0 | 359.31 | 28.9 | 0.0 | 19.91 | 0 | 0.0 | 327.11 | 21.19 | 0.0 | 188.75 | -9.8 | 0.0 | 177.67 | -6.72 | 0.0 | 92.69 | 68.65 | 0.0 | 196.68 | 0.0 | 0.0 | 21.84 | 0.0 | 0.0 | 6.09 | 0.0 | 0.0 | 116.28 | 21.4 | 0.0 | 144.2 | 16.57 | 0.0 | -12.37 | 2.9 | 0.0 | 103.91 | 25.13 | 0.0 | 0.41 | 35.14 | 0.0 |
