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) | 52.15 | -26.04 | 48.27 | 45.13 | 71.69 | -8.84 | 0 | 0 | 243.8 | 9.83 | 10.6 | 28.48 | 29.97 | 16.48 | 12.29 | 6.05 | 28.33 | -25.03 | 681.64 | 4.23 | 228.49 | 1.31 | 0.49 | -15.52 | 63.23 | 0.0 | 22.82 | 3.21 | 342.08 | -2.78 | 36.67 | 40.28 | 401.57 | 0.36 | -45.64 | 0 | -8.97 | 0 | 0.00 | 0 |
| 2022 (9) | 70.51 | 84.77 | 33.26 | -29.92 | 78.64 | 107.06 | 0 | 0 | 221.97 | -17.76 | 8.25 | -54.06 | 25.73 | -24.9 | 11.59 | -8.67 | 37.79 | -19.49 | 653.95 | 0.52 | 225.53 | -1.39 | 0.58 | 222.22 | 63.23 | -2.69 | 22.11 | 15.82 | 351.87 | -1.39 | 26.14 | -17.02 | 400.12 | -1.79 | -37.71 | 0 | -11.57 | 0 | 0.00 | 0 |
| 2021 (8) | 38.16 | -22.41 | 47.46 | -30.78 | 37.98 | -42.41 | 0 | 0 | 269.92 | 33.37 | 17.96 | 169.27 | 34.26 | 52.33 | 12.69 | 14.22 | 46.94 | 26.56 | 650.58 | -3.02 | 228.72 | -0.97 | 0.18 | -41.94 | 64.98 | -2.99 | 19.09 | 4.26 | 356.84 | -2.81 | 31.5 | 181.5 | 407.43 | 2.71 | -46.29 | 0 | -14.79 | 0 | 0.00 | 0 |
| 2020 (7) | 49.18 | -38.89 | 68.56 | -30.61 | 65.95 | 33.31 | 0 | 0 | 202.39 | -7.59 | 6.67 | -37.61 | 22.49 | 12.56 | 11.11 | 21.81 | 37.09 | -10.93 | 670.87 | 0.97 | 230.96 | -11.88 | 0.31 | 3.33 | 66.98 | 0.0 | 18.31 | 6.21 | 367.17 | 1.62 | 11.19 | 1.63 | 396.67 | 1.82 | -49.28 | 0 | -38.09 | 0 | 0.00 | 0 |
| 2019 (6) | 80.48 | 3.22 | 98.81 | 11.42 | 49.47 | 80.09 | 0 | 0 | 219.01 | 10.63 | 10.69 | -26.53 | 19.98 | 22.8 | 9.12 | 11.0 | 41.64 | -47.26 | 664.43 | -2.21 | 262.09 | -28.85 | 0.3 | 42.86 | 66.98 | -1.47 | 17.24 | 9.18 | 361.32 | 3.42 | 11.01 | -28.88 | 389.57 | 2.35 | -48.36 | 0 | -37.35 | 0 | 0.00 | 0 |
| 2018 (5) | 77.97 | 3.64 | 88.68 | 42.55 | 27.47 | -62.64 | 0 | 0 | 197.96 | -5.18 | 14.55 | 102.65 | 16.27 | -14.99 | 8.22 | -10.35 | 78.96 | 5.34 | 679.44 | -6.26 | 368.37 | 11.45 | 0.21 | -32.26 | 67.98 | -0.5 | 15.79 | 4.78 | 349.37 | 2.97 | 15.48 | 43.33 | 380.64 | 4.24 | -27.21 | 0 | -11.73 | 0 | 0.00 | 7.37 |
| 2017 (4) | 75.23 | 36.53 | 62.21 | -15.94 | 73.53 | 14.73 | 0 | 0 | 208.77 | 5.87 | 7.18 | 20.67 | 19.14 | -4.54 | 9.17 | -9.83 | 74.96 | -23.0 | 724.83 | -2.44 | 330.53 | -1.5 | 0.31 | -20.51 | 68.32 | 0.0 | 15.07 | 4.07 | 339.29 | 0.6 | 10.8 | -2.35 | 365.16 | 0.65 | -20.2 | 0 | -9.4 | 0 | 0.00 | 17.0 |
| 2016 (3) | 55.1 | -6.0 | 74.01 | -16.68 | 64.09 | 17.77 | 0 | 0 | 197.2 | 1.69 | 5.95 | -42.18 | 20.05 | -22.94 | 10.17 | -24.22 | 97.35 | 128.95 | 742.98 | -20.76 | 335.57 | -9.96 | 0.39 | -4.88 | 68.32 | 0.0 | 14.48 | 7.66 | 337.27 | -0.38 | 11.06 | -10.45 | 362.81 | -0.42 | -7.59 | 0 | 3.47 | -93.57 | 0.00 | 12.1 |
| 2015 (2) | 58.62 | 120.38 | 88.83 | 1.75 | 54.42 | -0.02 | 2.47 | 4.22 | 193.93 | 1.78 | 10.29 | -55.87 | 26.02 | 23.14 | 13.42 | 20.99 | 42.52 | 52.84 | 937.62 | 2.81 | 372.68 | 26.9 | 0.41 | -16.33 | 68.32 | 0.0 | 13.45 | 21.06 | 338.54 | 1.15 | 12.35 | -51.53 | 364.33 | -1.87 | 41.6 | -26.38 | 53.95 | -34.2 | 0.00 | 12.88 |
| 2014 (1) | 26.6 | -27.22 | 87.3 | 51.38 | 54.43 | 30.15 | 2.37 | 5.8 | 190.54 | 5.93 | 23.32 | -32.43 | 21.13 | 24.44 | 11.09 | 17.48 | 27.82 | 99.86 | 911.98 | 18.04 | 293.67 | 33.84 | 0.49 | 96.0 | 68.32 | -0.87 | 11.11 | 35.65 | 334.7 | 0.0 | 25.48 | -12.98 | 371.29 | -0.24 | 56.51 | 107.53 | 81.99 | 45.09 | 0.00 | 0 |
| 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) | 70.75 | 42.9 | 8.9 | 81.49 | 62.04 | 56.41 | 26.17 | -67.66 | -70.04 | 0 | 0 | 0 | 70.94 | 7.16 | 13.85 | 0.63 | -84.13 | -74.6 | 39.45 | -10.67 | 22.48 | 15.18 | -13.63 | 7.68 | 25.33 | -35.25 | -16.51 | 720.92 | -0.0 | 7.13 | 274.56 | 12.94 | 27.74 | 0.43 | -6.52 | -15.69 | 63.23 | 0.0 | 0.0 | 23.92 | 0.0 | 4.82 | 349.7 | 0.0 | 2.22 | 31.06 | 2.07 | -10.0 | 404.67 | 0.16 | 1.3 | -25.91 | -36.01 | 6.39 | 5.15 | -54.75 | -24.6 | 0.00 | 0 | 0 |
| 24Q2 (19) | 49.51 | -8.48 | -10.82 | 50.29 | -16.96 | 16.25 | 80.93 | -2.95 | 52.41 | 0 | 0 | 0 | 66.2 | 19.75 | 12.34 | 3.97 | -52.17 | 63.37 | 44.16 | 37.91 | 49.24 | 17.57 | 33.92 | 32.9 | 39.12 | -5.16 | -5.51 | 720.94 | 1.98 | 12.88 | 243.11 | 8.6 | 3.53 | 0.46 | 0.0 | -14.81 | 63.23 | 0.0 | 0.0 | 23.92 | 4.82 | 4.82 | 349.7 | 2.23 | 2.22 | 30.43 | -13.5 | -5.02 | 404.04 | 0.99 | 1.78 | -19.05 | 27.37 | 61.47 | 11.38 | 27.15 | 165.4 | 0.00 | 0 | 0 |
| 24Q1 (18) | 54.1 | 3.74 | -11.25 | 60.56 | 25.46 | 33.19 | 83.39 | 16.32 | 56.01 | 0 | 0 | 0 | 55.28 | -18.12 | 0.44 | 8.3 | 299.04 | 129.92 | 32.02 | 6.84 | 31.72 | 13.12 | 6.74 | 14.95 | 41.25 | 45.61 | 6.78 | 706.91 | 3.71 | 7.55 | 223.85 | -2.03 | -3.79 | 0.46 | -6.12 | -17.86 | 63.23 | 0.0 | 0.0 | 22.82 | 0.0 | 3.21 | 342.08 | 0.0 | -2.78 | 35.18 | -4.06 | 71.03 | 400.08 | -0.37 | 1.4 | -26.23 | 42.53 | 25.42 | 8.95 | 199.78 | 161.3 | 0.00 | 0 | 0 |
| 23Q4 (17) | 52.15 | -19.73 | -26.04 | 48.27 | -7.35 | 45.13 | 71.69 | -17.92 | -8.84 | 0 | 0 | 0 | 67.51 | 8.35 | 29.23 | 2.08 | -16.13 | 46.48 | 29.97 | -6.95 | 16.48 | 12.29 | -12.78 | 6.05 | 28.33 | -6.62 | -25.03 | 681.64 | 1.29 | 4.23 | 228.49 | 6.31 | 1.31 | 0.49 | -3.92 | -15.52 | 63.23 | 0.0 | 0.0 | 22.82 | 0.0 | 3.21 | 342.08 | -0.01 | -2.78 | 36.67 | 6.26 | 40.28 | 401.57 | 0.53 | 0.36 | -45.64 | -64.88 | -21.03 | -8.97 | -231.33 | 22.47 | 0.00 | 0 | 0 |
| 23Q3 (16) | 64.97 | 17.02 | 0.7 | 52.1 | 20.43 | 44.48 | 87.34 | 64.48 | 56.24 | 0 | 0 | 0 | 62.31 | 5.74 | 8.21 | 2.48 | 2.06 | 327.59 | 32.21 | 8.85 | 2.22 | 14.10 | 6.6 | 10.16 | 30.34 | -26.71 | -16.44 | 672.93 | 5.36 | 0.97 | 214.93 | -8.47 | -12.86 | 0.51 | -5.56 | -16.39 | 63.23 | 0.0 | 0.0 | 22.82 | 0.0 | 3.21 | 342.12 | 0.0 | -2.78 | 34.51 | 7.71 | 41.32 | 399.46 | 0.62 | 0.26 | -27.68 | 44.01 | 8.74 | 6.83 | 139.25 | 215.57 | 0.00 | 0 | 0 |
| 23Q2 (15) | 55.52 | -8.92 | 88.14 | 43.26 | -4.86 | -33.57 | 53.1 | -0.65 | 38.79 | 0 | 0 | 0 | 58.93 | 7.07 | 22.49 | 2.43 | -32.69 | 683.87 | 29.59 | 21.72 | -24.21 | 13.22 | 15.83 | -11.16 | 41.4 | 7.17 | -8.2 | 638.67 | -2.83 | -3.64 | 234.83 | 0.92 | 10.49 | 0.54 | -3.57 | -18.18 | 63.23 | 0.0 | -1.56 | 22.82 | 3.21 | 3.21 | 342.12 | -2.77 | -2.78 | 32.04 | 55.76 | 25.8 | 396.98 | 0.62 | -0.63 | -49.44 | -40.57 | -37.22 | -17.4 | -19.18 | -64.77 | 0.00 | 0 | 0 |
| 23Q1 (14) | 60.96 | -13.54 | 122.16 | 45.47 | 36.71 | -12.12 | 53.45 | -32.03 | 20.49 | 0 | 0 | 0 | 55.04 | 5.36 | -14.05 | 3.61 | 154.23 | -39.12 | 24.31 | -5.52 | -34.53 | 11.41 | -1.53 | -14.56 | 38.63 | 2.22 | -25.94 | 657.29 | 0.51 | -2.56 | 232.68 | 3.17 | 4.14 | 0.56 | -3.45 | 229.41 | 63.23 | 0.0 | -1.56 | 22.11 | 0.0 | 15.82 | 351.87 | 0.0 | -1.39 | 20.57 | -21.31 | -11.49 | 394.55 | -1.39 | -1.16 | -35.17 | 6.74 | -30.55 | -14.6 | -26.19 | -294.59 | 0.00 | 0 | 0 |
| 22Q4 (13) | 70.51 | 9.28 | 84.77 | 33.26 | -7.76 | -29.92 | 78.64 | 40.68 | 107.06 | 0 | 0 | 0 | 52.24 | -9.27 | -31.75 | 1.42 | 144.83 | -75.93 | 25.73 | -18.34 | -24.9 | 11.59 | -9.4 | -8.68 | 37.79 | 4.08 | -19.49 | 653.95 | -1.87 | 0.52 | 225.53 | -8.57 | -1.39 | 0.58 | -4.92 | 222.22 | 63.23 | 0.0 | -2.69 | 22.11 | 0.0 | 15.82 | 351.87 | -0.01 | -1.39 | 26.14 | 7.04 | -17.02 | 400.12 | 0.42 | -1.79 | -37.71 | -24.33 | 18.54 | -11.57 | -95.77 | 21.77 | 0.00 | 0 | 0 |
| 22Q3 (12) | 64.52 | 118.64 | 231.21 | 36.06 | -44.63 | -52.24 | 55.9 | 46.11 | 37.01 | 0 | 0 | 0 | 57.58 | 19.68 | -21.79 | 0.58 | 87.1 | -88.35 | 31.51 | -19.29 | -16.26 | 12.79 | -14.03 | -15.67 | 36.31 | -19.49 | -38.58 | 666.44 | 0.55 | -0.86 | 246.66 | 16.06 | 6.55 | 0.61 | -7.58 | 205.0 | 63.23 | -1.56 | -2.69 | 22.11 | 0.0 | 15.82 | 351.91 | 0.0 | -5.46 | 24.42 | -4.12 | 144.69 | 398.43 | -0.26 | -0.72 | -30.33 | 15.82 | 40.93 | -5.91 | 44.03 | 85.71 | 0.00 | 0 | 0 |
| 22Q2 (11) | 29.51 | 7.54 | -12.17 | 65.12 | 25.86 | -22.98 | 38.26 | -13.75 | -31.35 | 0 | 0 | 0 | 48.11 | -24.88 | -24.49 | 0.31 | -94.77 | -92.01 | 39.04 | 5.14 | 25.41 | 14.88 | 11.4 | 11.0 | 45.1 | -13.54 | -19.69 | 662.82 | -1.74 | -1.6 | 212.53 | -4.87 | -3.94 | 0.66 | 288.24 | 186.96 | 64.23 | 0.0 | -1.15 | 22.11 | 15.82 | 15.82 | 351.91 | -1.38 | -5.46 | 25.47 | 9.6 | 408.38 | 399.48 | 0.08 | 0.79 | -36.03 | -33.74 | 24.48 | -10.56 | -185.41 | 75.27 | 0.00 | 0 | 0 |
| 22Q1 (10) | 27.44 | -28.09 | -19.93 | 51.74 | 9.02 | -38.83 | 44.36 | 16.8 | -6.02 | 0 | 0 | 0 | 64.04 | -16.33 | 14.28 | 5.93 | 0.51 | 85.31 | 37.13 | 8.38 | 39.8 | 13.36 | 5.26 | 12.75 | 52.16 | 11.12 | 3.76 | 674.59 | 3.69 | -0.17 | 223.42 | -2.32 | -1.47 | 0.17 | -5.56 | -32.0 | 64.23 | -1.15 | -4.11 | 19.09 | 0.0 | 4.26 | 356.84 | 0.0 | -2.81 | 23.24 | -26.22 | 118.01 | 399.17 | -2.03 | 0.76 | -26.94 | 41.8 | 41.2 | -3.7 | 74.98 | 89.48 | 0.00 | 0 | 0 |
| 21Q4 (9) | 38.16 | 95.89 | -22.41 | 47.46 | -37.15 | -30.78 | 37.98 | -6.91 | -42.41 | 0 | 0 | 0 | 76.54 | 3.97 | 40.03 | 5.9 | 18.47 | 69.05 | 34.26 | -8.96 | 52.33 | 12.69 | -16.34 | 14.22 | 46.94 | -20.6 | 26.56 | 650.58 | -3.22 | -3.02 | 228.72 | -1.2 | -0.97 | 0.18 | -10.0 | -41.94 | 64.98 | 0.0 | -2.99 | 19.09 | 0.0 | 4.26 | 356.84 | -4.14 | -2.81 | 31.5 | 215.63 | 181.5 | 407.43 | 1.52 | 2.71 | -46.29 | 9.85 | 6.07 | -14.79 | 64.25 | 61.17 | 0.00 | 0 | 0 |
| 21Q3 (8) | 19.48 | -42.02 | -72.26 | 75.51 | -10.69 | -14.93 | 40.8 | -26.79 | -52.03 | 0 | 0 | 0 | 73.62 | 15.55 | 27.44 | 4.98 | 28.35 | 134.91 | 37.63 | 20.88 | 32.17 | 15.17 | 13.16 | 6.95 | 59.12 | 5.27 | 51.59 | 672.21 | -0.21 | 2.7 | 231.49 | 4.63 | 2.61 | 0.2 | -13.04 | -39.39 | 64.98 | 0.0 | -2.99 | 19.09 | 0.0 | 4.26 | 372.25 | 0.0 | 0.27 | 9.98 | 99.2 | 213.84 | 401.32 | 1.26 | 2.18 | -51.35 | -7.63 | 6.89 | -41.37 | 3.11 | 20.4 | 0.00 | 0 | 0 |
| 21Q2 (7) | 33.6 | -1.96 | -52.37 | 84.55 | -0.04 | 4.38 | 55.73 | 18.07 | -1.45 | 0 | 0 | 0 | 63.71 | 13.69 | 14.44 | 3.88 | 21.25 | 29.77 | 31.13 | 17.21 | 13.04 | 13.41 | 13.15 | 0 | 56.16 | 11.72 | 22.38 | 673.62 | -0.31 | 5.02 | 221.25 | -2.43 | -15.24 | 0.23 | -8.0 | -36.11 | 64.98 | -2.99 | -2.99 | 19.09 | 4.26 | 4.26 | 372.25 | 1.38 | 0.27 | 5.01 | -53.0 | 372.64 | 396.34 | 0.05 | 1.46 | -47.71 | -4.12 | 27.55 | -42.7 | -21.44 | 34.09 | 0.00 | 0 | 0 |
| 21Q1 (6) | 34.27 | -30.32 | -54.56 | 84.58 | 23.37 | -15.24 | 47.2 | -28.43 | -5.62 | 0 | 0 | 0 | 56.04 | 2.52 | 63.48 | 3.2 | -8.31 | 265.8 | 26.56 | 18.1 | 33.47 | 11.85 | 6.63 | 0 | 50.27 | 35.54 | 13.37 | 675.71 | 0.72 | 2.94 | 226.76 | -1.82 | -11.84 | 0.25 | -19.35 | -13.79 | 66.98 | 0.0 | 0.0 | 18.31 | 0.0 | 6.21 | 367.17 | 0.0 | 1.62 | 10.66 | -4.74 | 17.4 | 396.14 | -0.13 | 2.19 | -45.82 | 7.02 | 15.82 | -35.16 | 7.69 | 22.47 | 0.00 | 0 | 0 |
| 20Q4 (5) | 49.18 | -29.97 | -38.89 | 68.56 | -22.76 | -30.61 | 65.95 | -22.47 | 33.31 | 0 | 0 | 0 | 54.66 | -5.38 | 3.19 | 3.49 | 64.62 | 322.29 | 22.49 | -21.0 | 12.56 | 11.11 | -21.66 | 0 | 37.09 | -4.9 | -10.93 | 670.87 | 2.5 | 0.97 | 230.96 | 2.38 | -11.88 | 0.31 | -6.06 | 3.33 | 66.98 | 0.0 | 0.0 | 18.31 | 0.0 | 6.21 | 367.17 | -1.1 | 1.62 | 11.19 | 251.89 | 1.63 | 396.67 | 1.0 | 1.82 | -49.28 | 10.64 | -1.9 | -38.09 | 26.71 | -1.98 | 0.00 | 0 | 0 |
| 20Q3 (4) | 70.23 | -0.45 | 0.0 | 88.76 | 9.58 | 0.0 | 85.06 | 50.42 | 0.0 | 0 | 0 | 0.0 | 57.77 | 3.77 | 0.0 | 2.12 | -29.1 | 0.0 | 28.47 | 3.38 | 0.0 | 14.19 | 0 | 0.0 | 39.0 | -15.01 | 0.0 | 654.53 | 2.04 | 0.0 | 225.6 | -13.58 | 0.0 | 0.33 | -8.33 | 0.0 | 66.98 | 0.0 | 0.0 | 18.31 | 0.0 | 0.0 | 371.26 | 0.0 | 0.0 | 3.18 | 200.0 | 0.0 | 392.75 | 0.54 | 0.0 | -55.15 | 16.25 | 0.0 | -51.97 | 19.79 | 0.0 | 0.00 | 0 | 0.0 |
