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) | 481.34 | 2.76 | 9.77 | -40.86 | 0.4 | -31.03 | 0 | 0 | 2413.08 | -12.39 | 49.32 | -1.44 | 523.08 | 1.84 | 21.68 | 16.24 | 435.53 | 3.17 | 22.54 | 12.36 | 115.65 | 14.46 | 188.55 | 1.75 | 304.79 | 0.0 | 30.11 | 19.72 | 73.14 | -1.14 | 81.66 | 63.84 | 184.91 | 24.13 | 6.65 | 0 | 88.31 | 1208.3 | 0.07 | 9.73 |
| 2022 (9) | 468.43 | 4.98 | 16.52 | 31.74 | 0.58 | 190.0 | 0 | 0 | 2754.24 | -13.66 | 50.04 | -54.08 | 513.64 | -19.8 | 18.65 | -7.1 | 422.13 | -28.09 | 20.06 | 14.17 | 101.04 | 0.04 | 185.31 | 12.13 | 304.79 | 0.0 | 25.15 | 72.73 | 73.98 | 53.04 | 49.84 | -52.96 | 148.97 | -11.78 | -43.09 | 0 | 6.75 | -70.75 | 0.06 | 79.28 |
| 2021 (8) | 446.2 | 13.88 | 12.54 | 21.87 | 0.2 | 11.11 | 0 | 0 | 3190.05 | 15.12 | 108.97 | 80.74 | 640.41 | 16.02 | 20.08 | 0.78 | 587.04 | 36.57 | 17.57 | -0.06 | 101.0 | 197.5 | 165.27 | 1.44 | 304.79 | 0.0 | 14.56 | 70.49 | 48.34 | 21.58 | 105.96 | 75.46 | 168.86 | 55.36 | -82.88 | 0 | 23.08 | 342.15 | 0.04 | 33.47 |
| 2020 (7) | 391.81 | 62.01 | 10.29 | -31.67 | 0.18 | 80.0 | 0 | 0 | 2771.12 | 18.28 | 60.29 | 128.98 | 551.98 | 11.65 | 19.92 | -5.61 | 429.83 | 4.75 | 17.58 | -15.24 | 33.95 | -41.81 | 162.93 | -3.76 | 304.79 | -0.88 | 8.54 | 45.24 | 39.76 | 35.19 | 60.39 | 126.35 | 108.69 | 75.42 | -55.17 | 0 | 5.22 | 0 | 0.03 | 16.39 |
| 2019 (6) | 241.84 | -11.36 | 15.06 | 129.22 | 0.1 | 150.0 | 0 | 0 | 2342.85 | -3.3 | 26.33 | -13.95 | 494.39 | 4.03 | 21.10 | 7.57 | 410.34 | -2.48 | 20.74 | 3.8 | 58.34 | 75.93 | 169.3 | -2.2 | 307.49 | 0.0 | 5.88 | 108.51 | 29.41 | 16.06 | 26.68 | -13.55 | 61.96 | 5.0 | -43.42 | 0 | -16.74 | 0 | 0.02 | 87.91 |
| 2018 (5) | 272.83 | -19.69 | 6.57 | 36.02 | 0.04 | -99.85 | 0 | 0 | 2422.7 | 2.11 | 30.6 | 8.66 | 475.26 | 1.36 | 19.62 | -0.73 | 420.76 | 4.98 | 19.98 | 16.84 | 33.16 | 0.48 | 173.11 | 0.74 | 307.49 | -0.05 | 2.82 | 0 | 25.34 | 0 | 30.86 | 9.59 | 59.01 | 109.55 | -33.81 | 0 | -2.95 | 0 | 0.01 | 7.58 |
| 2017 (4) | 339.7 | -23.3 | 4.83 | 368.93 | 27.02 | -54.97 | 0 | 0 | 2372.75 | 1.96 | 28.16 | 0 | 468.88 | 5.81 | 19.76 | 3.78 | 400.79 | 2.52 | 17.1 | 7.14 | 33.0 | 0 | 171.84 | -7.59 | 307.65 | -0.14 | 0 | 0 | 0 | 0 | 28.16 | 0 | 28.16 | 0 | -31.99 | 0 | -3.83 | 0 | 0.01 | 16215.98 |
| 2016 (3) | 442.9 | -0.74 | 1.03 | -96.01 | 60.0 | -22.74 | 0 | 0 | 2327.24 | -11.77 | -49.0 | 0 | 443.12 | -8.12 | 19.04 | 4.14 | 390.95 | 14.84 | 15.96 | 18.31 | 0 | 0 | 185.96 | -30.11 | 308.07 | -0.15 | 1.45 | 55.91 | 13.07 | 55.97 | -49.0 | 0 | -34.48 | 0 | -15.13 | 0 | -64.13 | 0 | 0.00 | 128.35 |
| 2015 (2) | 446.22 | -6.18 | 25.84 | 715.14 | 77.66 | 7.34 | 0 | 0 | 2637.75 | -19.99 | 6.04 | -66.28 | 482.26 | -18.53 | 18.28 | 1.83 | 340.44 | -6.98 | 13.49 | 7.49 | 0 | 0 | 266.09 | -0.45 | 308.54 | 10.33 | 0.93 | 0 | 8.38 | 0 | 5.2 | -42.48 | 14.52 | 60.62 | 2.29 | -72.93 | 7.49 | -57.2 | 0.00 | -7.93 |
| 2014 (1) | 475.59 | 10.64 | 3.17 | -18.72 | 72.35 | 301.94 | 0 | 0 | 3296.84 | -8.45 | 17.91 | 0 | 591.92 | -4.69 | 17.95 | 4.11 | 366.0 | 2.91 | 12.55 | -28.94 | 94.8 | -41.39 | 267.28 | -6.94 | 279.66 | -1.34 | 0 | 0 | 0 | 0 | 9.04 | 0 | 9.04 | 0 | 8.46 | 0 | 17.5 | 0 | 0.00 | -7.22 |
| 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) | 316.97 | -30.21 | -39.52 | 36.03 | 82.34 | 282.08 | 27.16 | 1556.1 | 9600.0 | 0 | 0 | 0 | 726.91 | 8.27 | 7.78 | 15.05 | 7.19 | -25.05 | 608.33 | -3.46 | 4.38 | 23.24 | -5.4 | -5.11 | 537.64 | -1.94 | 19.42 | 62.1 | 3.33 | 190.46 | 166.03 | -13.32 | 43.39 | 195.45 | -1.1 | 0.58 | 304.79 | 0.0 | 0.0 | 38.28 | 0.0 | 27.13 | 73.14 | 0.0 | 0.0 | 69.85 | 27.44 | -2.29 | 181.27 | 9.05 | 3.74 | 15.77 | -40.49 | -40.38 | 85.62 | 5.3 | -12.58 | 0.07 | 5.14 | 9.43 |
| 24Q2 (19) | 454.15 | 1.73 | -5.29 | 19.76 | 111.79 | 69.47 | 1.64 | 19.71 | 465.52 | 0 | 0 | 0 | 671.38 | 14.12 | 15.24 | 14.04 | 16.81 | 0.86 | 630.15 | 10.22 | 13.06 | 24.56 | 6.41 | 3.76 | 548.25 | 14.34 | 27.49 | 60.1 | 47.77 | 227.34 | 191.55 | 60.11 | 89.99 | 197.62 | 1.59 | 4.59 | 304.79 | 0.0 | 0.0 | 38.28 | 27.13 | 27.13 | 73.14 | 0.0 | 0.0 | 54.81 | 21.72 | 185.62 | 166.23 | 12.1 | 35.76 | 26.5 | -20.54 | -8.4 | 81.31 | 3.74 | 68.97 | 0.07 | -4.53 | 8.26 |
| 24Q1 (18) | 446.41 | -7.26 | 7.46 | 9.33 | -4.5 | -38.17 | 1.37 | 242.5 | 90.28 | 0 | 0 | 0 | 588.32 | -6.83 | 12.15 | 12.02 | 18.19 | 133.4 | 571.7 | 9.29 | 13.68 | 23.08 | 6.48 | 14.52 | 479.49 | 10.09 | 21.52 | 40.67 | 80.43 | 117.72 | 119.64 | 3.45 | 18.56 | 194.52 | 3.17 | 4.56 | 304.79 | 0.0 | 0.0 | 30.11 | 0.0 | 19.72 | 73.14 | 0.0 | -1.14 | 45.03 | -44.86 | 385.76 | 148.29 | -19.8 | 36.79 | 33.35 | 401.5 | 209.74 | 78.38 | -11.24 | 471.12 | 0.07 | 1.41 | 1.59 |
| 23Q4 (17) | 481.34 | -8.16 | 2.76 | 9.77 | 3.61 | -40.86 | 0.4 | 42.86 | -31.03 | 0 | 0 | 0 | 631.46 | -6.37 | 5.53 | 10.17 | -49.35 | 222.24 | 523.08 | -10.25 | 1.84 | 21.68 | -11.48 | 16.24 | 435.53 | -3.26 | 3.17 | 22.54 | 5.43 | 12.36 | 115.65 | -0.12 | 14.46 | 188.55 | -2.97 | 1.75 | 304.79 | 0.0 | 0.0 | 30.11 | 0.0 | 19.72 | 73.14 | 0.0 | -1.14 | 81.66 | 14.23 | 63.84 | 184.91 | 5.82 | 24.13 | 6.65 | -74.86 | 115.43 | 88.31 | -9.83 | 1208.3 | 0.07 | 7.5 | 9.73 |
| 23Q3 (16) | 524.12 | 9.3 | 67.4 | 9.43 | -19.13 | -72.13 | 0.28 | -3.45 | -50.88 | 0 | 0 | 0 | 674.45 | 15.76 | 3.94 | 20.08 | 44.25 | 7.04 | 582.79 | 4.57 | -10.65 | 24.49 | 3.44 | 13.43 | 450.22 | 4.7 | -22.55 | 21.38 | 16.45 | 3.69 | 115.79 | 14.85 | 14.59 | 194.33 | 2.85 | 6.34 | 304.79 | 0.0 | 0.0 | 30.11 | 0.0 | 19.72 | 73.14 | 0.0 | -1.14 | 71.49 | 272.54 | 22.0 | 174.74 | 42.71 | 10.78 | 26.45 | -8.57 | 155.44 | 97.94 | 103.53 | 799.36 | 0.07 | 4.02 | 22.04 |
| 23Q2 (15) | 479.51 | 15.43 | 83.51 | 11.66 | -22.73 | -83.2 | 0.29 | -59.72 | -47.27 | 0 | 0 | 0 | 582.61 | 11.06 | -19.44 | 13.92 | 170.29 | -19.26 | 557.34 | 10.83 | -26.34 | 23.67 | 17.44 | -0.4 | 430.03 | 8.99 | -32.22 | 18.36 | -1.71 | 3.38 | 100.82 | -0.09 | 0.41 | 188.95 | 1.56 | 7.96 | 304.79 | 0.0 | 0.0 | 30.11 | 19.72 | 19.72 | 73.14 | -1.14 | -1.14 | 19.19 | 107.01 | -51.83 | 122.44 | 12.94 | -11.89 | 28.93 | 195.2 | 143.25 | 48.12 | 327.84 | 277.89 | 0.06 | -10.41 | 40.97 |
| 23Q1 (14) | 415.41 | -11.32 | 47.9 | 15.09 | -8.66 | -13.67 | 0.72 | 24.14 | 242.86 | 0 | 0 | 0 | 524.57 | -12.33 | -33.07 | 5.15 | 161.9 | -76.96 | 502.9 | -2.09 | -27.7 | 20.16 | 8.08 | -5.58 | 394.57 | -6.53 | -38.21 | 18.68 | -6.88 | 5.72 | 100.91 | -0.13 | -0.09 | 186.04 | 0.39 | 8.95 | 304.79 | 0.0 | 0.0 | 25.15 | 0.0 | 72.73 | 73.98 | 0.0 | 53.04 | 9.27 | -81.4 | -84.24 | 108.41 | -27.23 | -10.94 | -30.39 | 29.47 | 52.32 | -21.12 | -412.89 | -330.14 | 0.07 | 9.53 | 72.26 |
| 22Q4 (13) | 468.43 | 49.61 | 4.98 | 16.52 | -51.17 | 31.74 | 0.58 | 1.75 | 190.0 | 0 | 0 | 0 | 598.37 | -7.78 | -30.85 | -8.32 | -144.35 | -137.14 | 513.64 | -21.25 | -19.8 | 18.65 | -13.62 | -7.1 | 422.13 | -27.38 | -28.09 | 20.06 | -2.72 | 14.17 | 101.04 | -0.01 | 0.04 | 185.31 | 1.41 | 12.13 | 304.79 | 0.0 | 0.0 | 25.15 | 0.0 | 72.73 | 73.98 | 0.0 | 53.04 | 49.84 | -14.95 | -52.96 | 148.97 | -5.55 | -11.78 | -43.09 | 9.68 | 48.01 | 6.75 | -38.02 | -70.75 | 0.06 | 19.56 | 79.28 |
| 22Q3 (12) | 313.1 | 19.82 | -5.43 | 33.83 | -51.25 | 161.44 | 0.57 | 3.64 | 307.14 | 0 | 0 | 0 | 648.87 | -10.28 | -20.03 | 18.76 | 8.82 | -37.84 | 652.22 | -13.8 | 12.08 | 21.59 | -9.17 | 16.9 | 581.31 | -8.37 | -0.54 | 20.62 | 16.1 | 16.1 | 101.05 | 0.64 | 0.26 | 182.74 | 4.41 | 11.26 | 304.79 | 0.0 | 0.0 | 25.15 | 0.0 | 72.73 | 73.98 | 0.0 | 53.04 | 58.6 | 47.09 | -30.9 | 157.73 | 13.5 | 6.79 | -47.71 | 28.67 | 42.88 | 10.89 | 140.26 | 757.48 | 0.05 | 20.15 | 56.29 |
| 22Q2 (11) | 261.3 | -6.97 | -13.84 | 69.4 | 297.03 | 408.05 | 0.55 | 161.9 | 139.13 | 0 | 0 | 0 | 723.22 | -7.73 | -9.35 | 17.24 | -22.86 | -40.49 | 756.66 | 8.78 | 29.76 | 23.77 | 11.33 | 27.98 | 634.42 | -0.65 | 8.06 | 17.76 | 0.51 | -2.52 | 100.41 | -0.58 | 96.54 | 175.02 | 2.5 | 6.55 | 304.79 | 0.0 | 0.0 | 25.15 | 72.73 | 194.5 | 73.98 | 53.04 | 86.07 | 39.84 | -32.28 | -41.83 | 138.97 | 14.16 | 18.98 | -66.89 | -4.94 | 0.82 | -27.05 | -450.92 | -2676.19 | 0.04 | 9.47 | 32.07 |
| 22Q1 (10) | 280.88 | -37.05 | -17.64 | 17.48 | 39.39 | 249.6 | 0.21 | 5.0 | -12.5 | 0 | 0 | 0 | 783.78 | -9.42 | 9.54 | 22.35 | -0.22 | -18.52 | 695.57 | 8.61 | 36.23 | 21.35 | 6.34 | 25.35 | 638.59 | 8.78 | 26.59 | 17.67 | 0.57 | -1.34 | 101.0 | 0.0 | 195.58 | 170.75 | 3.32 | 4.9 | 304.79 | 0.0 | 0.0 | 14.56 | 0.0 | 70.49 | 48.34 | 0.0 | 21.58 | 58.83 | -44.48 | 39.77 | 121.73 | -27.91 | 34.66 | -63.74 | 23.09 | -16.7 | -4.91 | -121.27 | 60.81 | 0.04 | 14.0 | 26.84 |
| 21Q4 (9) | 446.2 | 34.78 | 13.88 | 12.54 | -3.09 | 21.87 | 0.2 | 42.86 | 11.11 | 0 | 0 | 0 | 865.3 | 6.64 | 4.73 | 22.4 | -25.78 | 12.45 | 640.41 | 10.05 | 16.02 | 20.08 | 8.71 | 0.78 | 587.04 | 0.44 | 36.57 | 17.57 | -1.07 | -0.06 | 101.0 | 0.21 | 197.5 | 165.27 | 0.63 | 1.44 | 304.79 | 0.0 | 0.0 | 14.56 | 0.0 | 70.49 | 48.34 | 0.0 | 21.58 | 105.96 | 24.95 | 75.46 | 168.86 | 14.33 | 55.36 | -82.88 | 0.78 | -50.23 | 23.08 | 1717.32 | 342.15 | 0.04 | 4.23 | 33.47 |
| 21Q3 (8) | 331.07 | 9.17 | -3.33 | 12.94 | -5.27 | 3.19 | 0.14 | -39.13 | -22.22 | 0 | 0 | 0 | 811.42 | 1.71 | 1.35 | 30.18 | 4.18 | 32.08 | 581.9 | -0.21 | -0.29 | 18.47 | -0.55 | -18.97 | 584.44 | -0.45 | 55.03 | 17.76 | -2.52 | -16.85 | 100.79 | 97.28 | 196.7 | 164.24 | -0.01 | -0.63 | 304.79 | 0.0 | 0.0 | 14.56 | 70.49 | 70.49 | 48.34 | 21.58 | 21.58 | 84.8 | 23.81 | 109.38 | 147.7 | 26.46 | 66.31 | -83.53 | -23.86 | -34.47 | 1.27 | 20.95 | 105.87 | 0.03 | 1.53 | 37.95 |
| 21Q2 (7) | 303.27 | -11.07 | -10.06 | 13.66 | 173.2 | 12.24 | 0.23 | -4.17 | 53.33 | 0 | 0 | 0 | 797.78 | 11.49 | 21.66 | 28.97 | 5.61 | 142.43 | 583.13 | 14.2 | 15.6 | 18.57 | 9.04 | 0 | 587.11 | 16.39 | 62.8 | 18.22 | 1.73 | -15.33 | 51.09 | 49.52 | 50.75 | 164.26 | 0.91 | -1.66 | 304.79 | 0.0 | -0.88 | 8.54 | 0.0 | 0.0 | 39.76 | 0.0 | 0.0 | 68.49 | 62.72 | 287.83 | 116.8 | 29.2 | 77.08 | -67.44 | -23.47 | -20.39 | 1.05 | 108.38 | 102.74 | 0.03 | 5.14 | 43.16 |
| 21Q1 (6) | 341.03 | -12.96 | 20.89 | 5.0 | -51.41 | -92.27 | 0.24 | 33.33 | 84.62 | 0 | 0 | 0 | 715.55 | -13.39 | 46.46 | 27.43 | 37.7 | 391.58 | 510.6 | -7.5 | 28.9 | 17.03 | -14.5 | 0 | 504.44 | 17.36 | 47.97 | 17.91 | 1.88 | -15.08 | 34.17 | 0.65 | 2.21 | 162.78 | -0.09 | -4.04 | 304.79 | 0.0 | -0.88 | 8.54 | 0.0 | 45.24 | 39.76 | 0.0 | 35.19 | 42.09 | -30.3 | 124.72 | 90.4 | -16.83 | 67.38 | -54.62 | 1.0 | 8.23 | -12.53 | -340.04 | 69.28 | 0.03 | 19.96 | 35.5 |
| 20Q4 (5) | 391.81 | 14.41 | 62.01 | 10.29 | -17.94 | -31.67 | 0.18 | 0.0 | 80.0 | 0 | 0 | 0 | 826.19 | 3.19 | 34.16 | 19.92 | -12.82 | 484.16 | 551.98 | -5.42 | 11.65 | 19.92 | -12.6 | 0 | 429.83 | 14.02 | 4.75 | 17.58 | -17.7 | -15.24 | 33.95 | -0.06 | -41.81 | 162.93 | -1.42 | -3.76 | 304.79 | 0.0 | -0.88 | 8.54 | 0.0 | 45.24 | 39.76 | 0.0 | 35.19 | 60.39 | 49.11 | 126.35 | 108.69 | 22.38 | 75.42 | -55.17 | 11.19 | -27.06 | 5.22 | 124.14 | 131.18 | 0.03 | 7.73 | 16.39 |
| 20Q3 (4) | 342.46 | 1.56 | 0.0 | 12.54 | 3.04 | 0.0 | 0.18 | 20.0 | 0.0 | 0 | 0 | 0.0 | 800.64 | 22.09 | 0.0 | 22.85 | 91.21 | 0.0 | 583.61 | 15.69 | 0.0 | 22.79 | 0 | 0.0 | 376.98 | 4.53 | 0.0 | 21.36 | -0.74 | 0.0 | 33.97 | 0.24 | 0.0 | 165.28 | -1.05 | 0.0 | 304.79 | -0.88 | 0.0 | 8.54 | 0.0 | 0.0 | 39.76 | 0.0 | 0.0 | 40.5 | 129.33 | 0.0 | 88.81 | 34.64 | 0.0 | -62.12 | -10.89 | 0.0 | -21.62 | 43.64 | 0.0 | 0.02 | 5.36 | 0.0 |
