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) | 102.68 | -25.35 | 42.5 | -69.06 | 0 | 0 | 0 | 0 | 951.79 | -14.86 | 91.53 | -43.51 | 127.57 | 6.19 | 13.40 | 24.73 | 117.57 | -53.99 | 1.66 | -20.57 | 22.27 | 30.01 | 26.25 | 8.79 | 51.29 | 0.0 | 88.83 | 22.32 | 0 | 0 | 248.45 | -13.9 | 337.28 | -10.99 | 28.3 | 5.36 | 276.75 | -12.26 | 0.00 | 10.71 |
| 2022 (9) | 137.54 | 91.11 | 137.38 | 2.97 | 0 | 0 | 0 | 0 | 1117.9 | 5.96 | 162.04 | -3.85 | 120.13 | -24.87 | 10.75 | -29.09 | 255.53 | 54.41 | 2.09 | -10.3 | 17.13 | 70.79 | 24.13 | 8.11 | 51.29 | 0.43 | 72.62 | 30.21 | 17.76 | 14.14 | 288.55 | 5.39 | 378.93 | 9.8 | 26.86 | 0 | 315.41 | 23.2 | 0.00 | -16.7 |
| 2021 (8) | 71.97 | -1.36 | 133.42 | 16.45 | 0 | 0 | 0 | 0 | 1055.04 | 35.68 | 168.53 | 91.66 | 159.89 | 17.11 | 15.15 | -13.69 | 165.49 | 91.92 | 2.33 | 14.78 | 10.03 | 0 | 22.32 | 7.98 | 51.07 | 0.0 | 55.77 | 0.0 | 15.56 | 617.05 | 273.78 | 52.17 | 345.11 | 45.09 | -17.76 | 0 | 256.02 | 55.77 | 0.00 | -24.35 |
| 2020 (7) | 72.96 | 27.37 | 114.57 | -39.59 | 0 | 0 | 0 | 0 | 777.59 | 28.01 | 87.93 | 29.5 | 136.53 | 30.64 | 17.56 | 2.05 | 86.23 | 16.65 | 2.03 | -13.62 | 0 | 0 | 20.67 | 5.84 | 51.07 | 0.51 | 55.77 | 13.77 | 2.17 | 0 | 179.92 | 22.26 | 237.86 | 21.25 | -15.56 | 0 | 164.36 | 13.36 | 0.00 | -7.6 |
| 2019 (6) | 57.28 | 32.9 | 189.66 | 30.57 | 0 | 0 | 0 | 0 | 607.44 | 32.61 | 67.9 | 56.06 | 104.51 | 40.85 | 17.20 | 6.21 | 73.92 | 26.1 | 2.35 | -25.87 | 0 | 0 | 19.53 | 15.84 | 50.81 | 0.0 | 49.02 | 9.74 | 0 | 0 | 147.16 | 35.63 | 196.18 | 23.24 | -2.17 | 0 | 144.99 | 28.86 | 0.00 | -9.48 |
| 2018 (5) | 43.1 | -55.08 | 145.26 | -19.54 | 0 | 0 | 0 | 0 | 458.06 | 9.88 | 43.51 | 28.27 | 74.2 | 77.38 | 16.20 | 61.44 | 58.62 | 7.21 | 3.17 | -7.04 | 0 | 0 | 16.86 | -18.86 | 50.81 | 0.32 | 44.67 | 8.21 | 6.0 | 0 | 108.5 | 11.88 | 159.18 | 15.13 | 4.02 | 0 | 112.52 | 23.68 | 0.00 | -11.31 |
| 2017 (4) | 95.94 | -74.67 | 180.53 | -12.86 | 0 | 0 | 0 | 0 | 416.88 | 7.13 | 33.92 | 11.58 | 41.83 | 13.21 | 10.03 | 5.67 | 54.68 | 20.12 | 3.41 | -12.11 | 0 | 0 | 20.78 | -7.44 | 50.65 | 0.3 | 41.28 | 7.95 | 0 | 0 | 96.98 | 12.38 | 138.26 | 11.02 | -6.0 | 0 | 90.98 | -9.31 | 0.00 | 4.42 |
| 2016 (3) | 378.74 | 37.49 | 207.18 | 53.46 | 0 | 0 | 0 | 0 | 389.14 | 22.58 | 30.4 | 25.21 | 36.95 | -3.58 | 9.50 | -21.34 | 45.52 | 40.15 | 3.88 | -1.77 | 0 | 0 | 22.45 | -20.39 | 50.5 | 0.0 | 38.24 | 6.79 | 0 | 0 | 86.3 | 17.14 | 124.54 | 13.76 | 14.02 | -25.35 | 100.32 | 8.51 | 0.00 | -2.34 |
| 2015 (2) | 275.46 | 27.47 | 135.01 | 81.03 | 0 | 0 | 0 | 0 | 317.46 | 1.54 | 24.28 | -37.63 | 38.32 | 4.5 | 12.07 | 2.91 | 32.48 | -16.33 | 3.95 | 63.9 | 0 | 0 | 28.2 | 91.84 | 50.5 | 0.0 | 35.81 | 12.19 | 0 | 0 | 73.67 | -10.52 | 109.48 | -5.21 | 18.78 | 71.98 | 92.45 | -0.86 | 0.00 | -0.83 |
| 2014 (1) | 216.09 | 30.84 | 74.58 | 18.59 | 0 | 0 | 0 | 0 | 312.63 | 10.94 | 38.93 | 28.27 | 36.67 | -9.59 | 11.73 | -18.51 | 38.82 | 39.09 | 2.41 | -40.49 | 0 | 0 | 14.7 | 16.95 | 50.5 | 0.0 | 31.92 | 10.53 | 1.24 | -76.74 | 82.33 | 21.79 | 115.5 | 13.44 | 10.92 | 0 | 93.25 | 40.52 | 0.00 | -11.68 |
| 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) | 192.62 | 17.72 | 1.49 | 61.46 | 26.25 | -3.76 | 0 | 0 | 0 | 0 | 0 | 0 | 307.52 | 0.25 | 15.27 | 43.75 | -0.27 | 70.1 | 183.45 | -3.14 | 10.79 | 16.73 | -6.74 | -4.65 | 148.46 | 7.26 | 0.42 | 1.57 | -4.27 | -8.72 | 22.35 | 0.13 | 11.14 | 25.67 | -11.57 | 1.74 | 51.29 | 0.0 | 0.0 | 88.83 | 0.0 | 0.0 | 0 | 0 | 0 | 287.85 | 17.92 | 27.0 | 376.68 | 13.14 | 19.4 | 48.81 | -20.17 | -7.05 | 336.66 | 10.29 | 20.6 | 0.00 | -6.55 | -11.46 |
| 24Q2 (19) | 163.63 | 60.94 | 18.57 | 48.68 | 102.83 | -50.42 | 0 | 0 | 0 | 0 | 0 | 0 | 306.74 | 19.71 | 16.67 | 43.87 | 40.16 | 68.28 | 189.39 | 22.17 | 23.49 | 17.94 | 17.1 | 14.01 | 138.41 | 15.56 | -25.18 | 1.64 | 17.14 | -11.83 | 22.32 | 0.13 | 19.55 | 29.03 | 25.18 | -1.76 | 51.29 | 0.0 | 0.0 | 88.83 | 0.0 | 0.0 | 0 | 0 | 0 | 244.1 | -11.93 | 21.49 | 332.93 | -9.03 | 14.9 | 61.14 | 15.14 | 87.2 | 305.24 | -7.58 | 30.67 | 0.00 | 6.15 | -15.41 |
| 24Q1 (18) | 101.67 | -0.98 | -1.5 | 24.0 | -43.53 | -82.42 | 0 | 0 | 0 | 0 | 0 | 0 | 256.23 | 13.45 | 30.56 | 31.3 | 43.58 | 74.57 | 155.02 | 21.52 | 40.21 | 15.32 | 14.31 | 40.88 | 119.77 | 1.87 | -43.55 | 1.4 | -15.66 | -28.21 | 22.29 | 0.09 | 30.12 | 23.19 | -11.66 | -26.5 | 51.29 | 0.0 | 0.0 | 88.83 | 0.0 | 22.32 | 0 | 0 | -100.0 | 277.17 | 11.56 | -9.61 | 365.99 | 8.51 | -7.82 | 53.1 | 87.63 | 139.3 | 330.27 | 19.34 | 0.43 | 0.00 | -11.25 | 1.08 |
| 23Q4 (17) | 102.68 | -45.9 | -25.35 | 42.5 | -33.45 | -69.06 | 0 | 0 | 0 | 0 | 0 | 0 | 225.85 | -15.34 | 3.78 | 21.8 | -15.24 | 2.16 | 127.57 | -22.96 | 6.19 | 13.40 | -23.62 | 24.73 | 117.57 | -20.47 | -53.99 | 1.66 | -3.49 | -20.57 | 22.27 | 10.74 | 30.01 | 26.25 | 4.04 | 8.79 | 51.29 | 0.0 | 0.0 | 88.83 | 0.0 | 22.32 | 0 | 0 | -100.0 | 248.45 | 9.62 | -13.9 | 337.28 | 6.91 | -10.99 | 28.3 | -46.11 | 5.36 | 276.75 | -0.86 | -12.26 | 0.00 | 0.57 | 10.71 |
| 23Q3 (16) | 189.79 | 37.53 | 127.95 | 63.86 | -34.96 | -35.67 | 0 | 0 | 0 | 0 | 0 | 0 | 266.78 | 1.47 | -10.39 | 25.72 | -1.34 | -38.86 | 165.58 | 7.97 | -6.44 | 17.55 | 11.51 | 16.41 | 147.84 | -20.09 | -40.71 | 1.72 | -7.53 | -20.74 | 20.11 | 7.71 | 30.84 | 25.23 | -14.62 | 0.64 | 51.29 | 0.0 | 0.0 | 88.83 | 0.0 | 22.32 | 0 | 0 | -100.0 | 226.65 | 12.8 | -15.18 | 315.48 | 8.88 | -11.78 | 52.51 | 60.78 | 11.84 | 279.16 | 19.51 | -11.14 | 0.00 | -10.73 | 9.79 |
| 23Q2 (15) | 138.0 | 33.7 | 129.62 | 98.18 | -28.07 | -3.7 | 0 | 0 | 0 | 0 | 0 | 0 | 262.91 | 33.97 | -13.8 | 26.07 | 45.4 | -44.26 | 153.36 | 38.71 | -9.03 | 15.74 | 44.7 | 8.82 | 185.0 | -12.81 | -6.44 | 1.86 | -4.62 | -15.84 | 18.67 | 8.99 | 33.84 | 29.55 | -6.34 | 5.2 | 51.29 | 0.0 | 0.0 | 88.83 | 22.32 | 22.32 | 0 | -100.0 | -100.0 | 200.93 | -34.48 | -10.75 | 289.76 | -27.02 | -8.17 | 32.66 | 47.18 | 269.88 | 233.59 | -28.97 | -0.16 | 0.00 | 26.85 | 1.84 |
| 23Q1 (14) | 103.22 | -24.95 | 7.17 | 136.49 | -0.65 | 34.75 | 0 | 0 | 0 | 0 | 0 | 0 | 196.25 | -9.82 | -34.05 | 17.93 | -15.98 | -65.43 | 110.56 | -7.97 | -30.3 | 10.88 | 1.21 | -23.27 | 212.17 | -16.97 | 21.48 | 1.95 | -6.7 | -14.47 | 17.13 | 0.0 | 39.72 | 31.55 | 30.75 | -0.47 | 51.29 | 0.0 | 0.0 | 72.62 | 0.0 | 30.21 | 17.76 | 0.0 | 14.14 | 306.65 | 6.27 | -5.83 | 397.03 | 4.78 | 0.02 | 22.19 | -17.39 | 607.78 | 328.84 | 4.26 | 2.36 | 0.00 | -2.79 | -3.4 |
| 22Q4 (13) | 137.54 | 65.19 | 91.11 | 137.38 | 38.39 | 2.97 | 0 | 0 | 0 | 0 | 0 | 0 | 217.62 | -26.9 | -20.49 | 21.34 | -49.28 | -53.66 | 120.13 | -32.12 | -24.87 | 10.75 | -28.71 | -29.09 | 255.53 | 2.47 | 54.41 | 2.09 | -3.69 | -10.3 | 17.13 | 11.45 | 70.79 | 24.13 | -3.75 | 8.11 | 51.29 | 0.0 | 0.43 | 72.62 | 0.0 | 30.21 | 17.76 | 0.0 | 14.14 | 288.55 | 7.99 | 5.39 | 378.93 | 5.96 | 9.8 | 26.86 | -42.79 | 251.24 | 315.41 | 0.4 | 23.2 | 0.00 | -0.27 | -16.7 |
| 22Q3 (12) | 83.26 | 38.54 | -32.63 | 99.27 | -2.63 | -23.09 | 0 | 0 | 0 | 0 | 0 | 0 | 297.72 | -2.38 | 2.82 | 42.07 | -10.05 | -13.93 | 176.97 | 4.97 | 6.4 | 15.07 | 4.24 | -9.17 | 249.36 | 26.1 | 60.72 | 2.17 | -1.81 | -7.66 | 15.37 | 10.18 | 0 | 25.07 | -10.75 | 10.68 | 51.29 | 0.0 | 0.43 | 72.62 | 0.0 | 30.21 | 17.76 | 0.0 | 14.14 | 267.21 | 18.69 | 17.34 | 357.6 | 13.33 | 19.58 | 46.95 | 431.71 | 405.86 | 314.16 | 34.27 | 47.93 | 0.00 | -17.19 | -25.84 |
| 22Q2 (11) | 60.1 | -37.6 | -39.91 | 101.95 | 0.65 | -30.71 | 0 | 0 | 0 | 0 | 0 | 0 | 304.99 | 2.5 | 18.03 | 46.77 | -9.81 | 8.64 | 168.59 | 6.28 | 15.35 | 14.46 | 2.03 | -7.31 | 197.74 | 13.21 | 51.26 | 2.21 | -3.07 | -7.14 | 13.95 | 13.78 | 0 | 28.09 | -11.39 | 13.63 | 51.29 | 0.0 | 0.43 | 72.62 | 30.21 | 30.21 | 17.76 | 14.14 | 14.14 | 225.14 | -30.86 | 25.89 | 315.53 | -20.52 | 26.13 | 8.83 | 302.06 | 148.44 | 233.97 | -27.17 | 45.68 | 0.00 | 20.33 | -23.84 |
| 22Q1 (10) | 96.31 | 33.82 | 24.75 | 101.29 | -24.08 | -20.12 | 0 | 0 | 0 | 0 | 0 | 0 | 297.56 | 8.72 | 27.48 | 51.86 | 12.62 | 69.75 | 158.63 | -0.79 | 12.06 | 14.17 | -6.47 | -14.72 | 174.66 | 5.54 | 78.5 | 2.28 | -2.15 | 13.43 | 12.26 | 22.23 | 0 | 31.7 | 42.03 | 58.18 | 51.29 | 0.43 | 0.43 | 55.77 | 0.0 | 0.0 | 15.56 | 0.0 | 617.05 | 325.64 | 18.94 | 54.72 | 396.97 | 15.03 | 47.9 | -4.37 | 75.39 | 54.19 | 321.27 | 25.49 | 59.89 | 0.00 | -16.18 | -28.71 |
| 21Q4 (9) | 71.97 | -41.76 | -1.36 | 133.42 | 3.36 | 16.45 | 0 | 0 | 0 | 0 | 0 | 0 | 273.7 | -5.47 | 23.94 | 46.05 | -5.79 | 75.43 | 159.89 | -3.87 | 17.11 | 15.15 | -8.69 | -13.69 | 165.49 | 6.66 | 91.92 | 2.33 | -0.85 | 14.78 | 10.03 | 0 | 0 | 22.32 | -1.46 | 7.98 | 51.07 | 0.0 | 0.0 | 55.77 | 0.0 | 0.0 | 15.56 | 0.0 | 617.05 | 273.78 | 20.23 | 52.17 | 345.11 | 15.4 | 45.09 | -17.76 | -15.7 | -14.14 | 256.02 | 20.55 | 55.77 | 0.00 | -11.2 | -24.35 |
| 21Q3 (8) | 123.58 | 23.57 | 127.67 | 129.08 | -12.27 | -4.74 | 0 | 0 | 0 | 0 | 0 | 0 | 289.55 | 12.06 | 29.21 | 48.88 | 13.54 | 94.82 | 166.33 | 13.81 | 10.85 | 16.60 | 6.37 | -19.96 | 155.15 | 18.68 | 94.77 | 2.35 | -1.26 | 15.76 | 0 | 0 | 0 | 22.65 | -8.37 | 3.52 | 51.07 | 0.0 | 0.0 | 55.77 | 0.0 | 0.0 | 15.56 | 0.0 | 617.05 | 227.72 | 27.33 | 47.91 | 299.05 | 19.54 | 41.13 | -15.35 | 15.8 | -62.78 | 212.37 | 32.23 | 46.94 | 0.00 | -14.96 | -20.54 |
| 21Q2 (7) | 100.01 | 29.55 | 88.13 | 147.13 | 16.03 | -27.45 | 0 | 0 | 0 | 0 | 0 | 0 | 258.39 | 10.7 | 49.03 | 43.05 | 40.92 | 112.28 | 146.15 | 3.24 | 16.88 | 15.60 | -6.13 | 0 | 130.73 | 33.6 | 37.19 | 2.38 | 18.41 | 8.18 | 0 | 0 | 0 | 24.72 | 23.35 | 9.19 | 51.07 | 0.0 | 0.0 | 55.77 | 0.0 | 0.0 | 15.56 | 617.05 | 617.05 | 178.84 | -15.03 | 38.78 | 250.17 | -6.8 | 33.92 | -18.23 | -91.09 | -141.14 | 160.61 | -20.07 | 32.4 | 0.00 | 12.63 | -14.49 |
| 21Q1 (6) | 77.2 | 5.81 | 160.02 | 126.8 | 10.67 | -35.34 | 0 | 0 | 0 | 0 | 0 | 0 | 233.41 | 5.69 | 46.54 | 30.55 | 16.38 | 87.31 | 141.56 | 3.68 | 30.83 | 16.62 | -5.34 | 0 | 97.85 | 13.48 | 17.81 | 2.01 | -0.99 | -14.1 | 0 | 0 | 0 | 20.04 | -3.05 | -10.01 | 51.07 | 0.0 | 0.51 | 55.77 | 0.0 | 13.77 | 2.17 | 0.0 | 0 | 210.47 | 16.98 | 28.75 | 268.41 | 12.84 | 26.32 | -9.54 | 38.69 | -424.18 | 200.93 | 22.25 | 24.3 | 0.00 | -11.04 | -12.77 |
| 20Q4 (5) | 72.96 | 34.41 | 27.37 | 114.57 | -15.45 | -39.59 | 0 | 0 | 0 | 0 | 0 | 0 | 220.84 | -1.45 | 32.36 | 26.25 | 4.62 | 59.77 | 136.53 | -9.01 | 30.64 | 17.56 | -15.33 | 0 | 86.23 | 8.25 | 16.65 | 2.03 | 0.0 | -13.62 | 0 | 0 | 0 | 20.67 | -5.53 | 5.84 | 51.07 | 0.0 | 0.51 | 55.77 | 0.0 | 13.77 | 2.17 | 0.0 | 0 | 179.92 | 16.86 | 22.26 | 237.86 | 12.25 | 21.25 | -15.56 | -65.01 | -617.05 | 164.36 | 13.72 | 13.36 | 0.00 | -6.73 | -7.6 |
| 20Q3 (4) | 54.28 | 2.11 | 0.0 | 135.5 | -33.19 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 224.09 | 29.25 | 0.0 | 25.09 | 23.72 | 0.0 | 150.05 | 20.0 | 0.0 | 20.74 | 0 | 0.0 | 79.66 | -16.4 | 0.0 | 2.03 | -7.73 | 0.0 | 0 | 0 | 0.0 | 21.88 | -3.36 | 0.0 | 51.07 | 0.0 | 0.0 | 55.77 | 0.0 | 0.0 | 2.17 | 0.0 | 0.0 | 153.96 | 19.47 | 0.0 | 211.9 | 13.43 | 0.0 | -9.43 | -24.74 | 0.0 | 144.53 | 19.14 | 0.0 | 0.00 | -8.5 | 0.0 |
