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) | 92.59 | -11.35 | 65.57 | 25.85 | 13.09 | 1354.44 | 0 | 0 | 412.96 | 6.78 | 54.88 | 8.18 | 173.27 | 48.31 | 41.96 | 38.89 | 61.35 | 44.83 | 0 | 0 | 21.1 | -49.98 | 7.12 | -4.43 | 34.32 | 3.09 | 34.62 | 17.24 | 5.49 | -39.27 | 158.64 | 18.73 | 198.75 | 15.43 | -8.59 | 0 | 150.05 | 17.12 | 0.00 | 0 |
| 2022 (9) | 104.44 | 57.24 | 52.1 | 101.24 | 0.9 | -30.23 | 0 | 0 | 386.73 | 0.45 | 50.73 | -7.65 | 116.83 | -11.99 | 30.21 | -12.38 | 42.36 | -22.49 | 0 | 0 | 42.18 | 485.02 | 7.45 | 11.36 | 33.29 | 0.0 | 29.53 | 22.84 | 9.04 | 19.42 | 133.61 | 8.64 | 172.18 | 11.38 | -5.49 | 0 | 128.12 | 12.45 | 0.00 | 0 |
| 2021 (8) | 66.42 | 15.88 | 25.89 | 325.12 | 1.29 | -76.67 | 0.03 | 0 | 385.0 | 41.54 | 54.93 | 48.9 | 132.74 | 33.62 | 34.48 | -5.59 | 54.65 | 47.62 | 0 | 0 | 7.21 | 27.84 | 6.69 | -0.45 | 33.29 | 0.0 | 24.04 | 18.13 | 7.57 | -9.01 | 122.98 | 30.41 | 154.59 | 25.7 | -9.04 | 0 | 113.94 | 31.37 | 0.00 | 4.68 |
| 2020 (7) | 57.32 | -9.75 | 6.09 | -8.28 | 5.53 | -67.47 | 0 | 0 | 272.01 | 9.39 | 36.89 | 13.82 | 99.34 | 8.07 | 36.52 | -1.2 | 37.02 | 27.44 | 0.1 | -54.55 | 5.64 | -12.29 | 6.72 | 6620.0 | 33.29 | 4.13 | 20.35 | 18.94 | 8.32 | 96.23 | 94.3 | 12.37 | 122.98 | 16.83 | -7.57 | 0 | 86.73 | 14.72 | 0.00 | -19.21 |
| 2019 (6) | 63.51 | 5.45 | 6.64 | -6.87 | 17.0 | 1600.0 | 0 | 0 | 248.66 | 8.63 | 32.41 | 85.09 | 91.92 | 20.54 | 36.97 | 10.96 | 29.05 | 31.51 | 0.22 | 0 | 6.43 | -60.91 | 0.1 | 42.86 | 31.97 | 0.0 | 17.11 | 11.39 | 4.24 | 78.9 | 83.92 | 24.68 | 105.26 | 23.78 | -8.32 | 0 | 75.6 | 19.87 | 0.00 | -0.25 |
| 2018 (5) | 60.23 | 13.77 | 7.13 | 375.33 | 1.0 | 0 | 0 | 0 | 228.91 | -3.05 | 17.51 | -37.26 | 76.26 | 1.68 | 33.31 | 4.87 | 22.09 | -13.44 | 0 | 0 | 16.45 | 24.62 | 0.07 | 0.0 | 31.97 | 0.0 | 15.36 | 22.2 | 2.37 | 86.61 | 67.31 | -2.52 | 85.04 | 2.59 | -4.24 | 0 | 63.07 | -5.41 | 0.00 | 24.67 |
| 2017 (4) | 52.94 | 25.15 | 1.5 | 15.38 | 0 | 0 | 0 | 0 | 236.1 | 6.98 | 27.91 | 0.76 | 75.0 | -2.76 | 31.77 | -9.1 | 25.52 | 22.99 | 0 | 0 | 13.2 | 51.55 | 0.07 | 40.0 | 31.97 | 0.25 | 12.57 | 28.27 | 1.27 | 0 | 69.05 | 14.8 | 82.89 | 18.5 | -2.37 | 0 | 66.68 | 13.25 | 0.00 | -3.5 |
| 2016 (3) | 42.3 | 8.16 | 1.3 | 900.0 | 3.5 | 11.82 | 0 | 0 | 220.7 | 5.75 | 27.7 | 15.95 | 77.13 | 13.88 | 34.95 | 7.69 | 20.75 | 15.92 | 0 | 0 | 8.71 | -28.61 | 0.05 | 66.67 | 31.89 | 0.44 | 9.8 | 32.25 | 0 | 0 | 60.15 | 23.36 | 69.95 | 24.53 | -1.27 | 0 | 58.88 | 10.43 | 0.00 | -7.8 |
| 2015 (2) | 39.11 | 80.31 | 0.13 | -98.56 | 3.13 | -56.65 | 0 | 0 | 208.7 | 10.51 | 23.89 | 55.23 | 67.73 | -2.46 | 32.45 | -11.74 | 17.9 | -3.03 | 0 | 0 | 12.2 | 133.72 | 0.03 | 50.0 | 31.75 | 0.47 | 7.41 | 26.24 | 0 | 0 | 48.76 | 42.87 | 56.17 | 40.42 | 4.56 | -22.32 | 53.32 | 33.3 | 0.00 | 3.09 |
| 2014 (1) | 21.69 | 18.14 | 9.02 | -43.55 | 7.22 | 55.94 | 0 | 0 | 188.85 | 11.92 | 15.39 | 84.09 | 69.44 | 24.82 | 36.77 | 11.53 | 18.46 | 14.52 | 0 | 0 | 5.22 | -36.65 | 0.02 | -33.33 | 31.6 | 1.15 | 5.87 | 16.7 | 0 | 0 | 34.13 | 36.14 | 40.0 | 32.89 | 5.87 | 56.95 | 40.0 | 38.84 | 0.00 | -55.27 |
| 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) | 136.01 | 0.64 | 28.53 | 83.37 | 1.51 | 29.8 | 25.74 | -6.57 | 71.03 | 0 | 0 | 0 | 174.63 | 13.04 | 47.06 | 25.16 | 3.28 | 24.43 | 234.38 | 13.1 | 49.69 | 39.93 | 2.33 | -4.87 | 87.41 | 12.48 | 56.15 | 0 | 0 | 0 | 53.03 | 224.54 | 122.07 | 7.74 | -2.64 | 2.38 | 34.52 | 0.17 | 1.05 | 40.11 | 0.0 | 15.86 | 8.59 | 0.0 | 56.47 | 184.7 | 15.77 | 33.07 | 233.4 | 12.08 | 30.46 | 2.36 | 183.39 | 151.53 | 187.06 | 19.37 | 39.37 | -0.00 | 2.64 | 0 |
| 24Q2 (19) | 135.14 | 7.04 | -3.13 | 82.13 | -6.07 | 10.48 | 27.55 | 30.26 | 311.19 | 0 | 0 | 0 | 154.49 | 19.74 | 68.29 | 24.36 | 23.15 | 143.6 | 207.24 | 15.37 | 77.78 | 39.02 | 1.75 | 18.2 | 77.71 | 16.54 | 95.25 | 0 | 0 | 0 | 16.34 | -13.13 | -61.94 | 7.95 | 0.89 | 8.02 | 34.46 | 0.09 | 3.51 | 40.11 | 15.86 | 15.86 | 8.59 | 56.47 | 56.47 | 159.54 | 10.98 | 34.55 | 208.24 | 13.26 | 31.22 | -2.83 | 38.88 | 71.15 | 156.71 | 12.64 | 44.09 | -0.00 | -42.45 | 0 |
| 24Q1 (18) | 126.25 | 36.35 | -12.41 | 87.44 | 33.35 | 15.88 | 21.15 | 61.57 | 227.4 | 0 | 0 | 0 | 129.02 | 0.16 | 75.32 | 19.78 | -0.4 | 312.08 | 179.63 | 3.67 | 83.03 | 38.35 | -8.6 | 41.12 | 66.68 | 8.69 | 78.86 | 0 | 0 | 0 | 18.81 | -10.85 | -54.86 | 7.88 | 10.67 | 7.8 | 34.43 | 0.32 | 3.42 | 34.62 | 0.0 | 17.24 | 5.49 | 0.0 | -39.27 | 143.75 | -9.39 | 30.55 | 183.86 | -7.49 | 23.66 | -4.63 | 46.1 | 2.53 | 139.12 | -7.28 | 32.04 | -0.00 | 0 | 0 |
| 23Q4 (17) | 92.59 | -12.5 | -11.35 | 65.57 | 2.09 | 25.85 | 13.09 | -13.02 | 1354.44 | 0 | 0 | 0 | 128.82 | 8.48 | 44.94 | 19.86 | -1.78 | 46.14 | 173.27 | 10.66 | 48.31 | 41.96 | -0.04 | 38.89 | 61.35 | 9.59 | 44.83 | 0 | 0 | 0 | 21.1 | -11.64 | -49.98 | 7.12 | -5.82 | -4.43 | 34.32 | 0.47 | 3.09 | 34.62 | 0.0 | 17.24 | 5.49 | 0.0 | -39.27 | 158.64 | 14.29 | 18.73 | 198.75 | 11.09 | 15.43 | -8.59 | -87.55 | -56.47 | 150.05 | 11.79 | 17.12 | 0.00 | 0 | 0 |
| 23Q3 (16) | 105.82 | -24.15 | 40.61 | 64.23 | -13.6 | 36.43 | 15.05 | 124.63 | 7066.67 | 0 | 0 | 0 | 118.75 | 29.36 | 20.16 | 20.22 | 102.2 | 54.71 | 156.58 | 34.32 | 17.65 | 41.98 | 27.15 | 25.99 | 55.98 | 40.65 | 18.85 | 0 | 0 | 0 | 23.88 | -44.37 | -39.83 | 7.56 | 2.72 | -1.95 | 34.16 | 2.61 | 2.61 | 34.62 | 0.0 | 17.24 | 5.49 | 0.0 | -39.27 | 138.8 | 17.06 | 15.79 | 178.91 | 12.74 | 12.92 | -4.58 | 53.31 | -52.16 | 134.22 | 23.41 | 14.86 | 0.00 | 0 | 0 |
| 23Q2 (15) | 139.51 | -3.21 | 45.38 | 74.34 | -1.48 | 88.58 | 6.7 | 3.72 | 0 | 0 | 0 | 0 | 91.8 | 24.75 | -8.04 | 10.0 | 108.33 | -7.66 | 116.57 | 18.78 | -12.0 | 33.01 | 21.48 | 1.78 | 39.8 | 6.76 | -35.77 | 0 | 0 | 0 | 42.93 | 3.02 | 16.85 | 7.36 | 0.68 | 3.37 | 33.29 | 0.0 | 0.0 | 34.62 | 17.24 | 17.24 | 5.49 | -39.27 | -39.27 | 118.57 | 7.68 | 11.03 | 158.69 | 6.73 | 9.17 | -9.81 | -106.53 | -80.0 | 108.76 | 3.23 | 7.32 | 0.00 | 0 | -100.0 |
| 23Q1 (14) | 144.14 | 38.01 | 72.25 | 75.46 | 44.84 | 88.65 | 6.46 | 617.78 | 229.59 | 0 | 0 | 0 | 73.59 | -17.2 | -25.8 | 4.8 | -64.68 | -63.75 | 98.14 | -16.0 | -26.31 | 27.18 | -10.05 | -17.53 | 37.28 | -11.99 | -31.92 | 0 | 0 | 0 | 41.67 | -1.21 | 438.37 | 7.31 | -1.88 | 4.58 | 33.29 | 0.0 | 0.0 | 29.53 | 0.0 | 22.84 | 9.04 | 0.0 | 19.42 | 110.11 | -17.59 | -19.17 | 148.68 | -13.65 | -11.41 | -4.75 | 13.48 | -34.94 | 105.36 | -17.76 | -20.6 | 0.00 | 0 | -100.0 |
| 22Q4 (13) | 104.44 | 38.77 | 57.24 | 52.1 | 10.66 | 101.24 | 0.9 | 328.57 | -30.23 | 0 | 0 | -100.0 | 88.88 | -10.07 | -12.54 | 13.59 | 3.98 | -8.79 | 116.83 | -12.22 | -11.99 | 30.21 | -9.33 | -12.38 | 42.36 | -10.06 | -22.49 | 0 | 0 | 0 | 42.18 | 6.27 | 485.02 | 7.45 | -3.37 | 11.36 | 33.29 | 0.0 | 0.0 | 29.53 | 0.0 | 22.84 | 9.04 | 0.0 | 19.42 | 133.61 | 11.46 | 8.64 | 172.18 | 8.67 | 11.38 | -5.49 | -82.39 | 39.27 | 128.12 | 9.64 | 12.45 | 0.00 | 0 | -100.0 |
| 22Q3 (12) | 75.26 | -21.57 | 35.17 | 47.08 | 19.43 | 71.76 | 0.21 | 0 | -75.58 | 0 | 0 | 0 | 98.83 | -1.0 | -8.29 | 13.07 | 20.68 | -27.02 | 133.09 | 0.48 | -2.36 | 33.32 | 2.72 | -12.36 | 47.1 | -23.98 | -11.73 | 0 | 0 | -100.0 | 39.69 | 8.03 | 311.72 | 7.71 | 8.29 | 13.38 | 33.29 | 0.0 | 0.0 | 29.53 | 0.0 | 22.84 | 9.04 | 0.0 | 19.42 | 119.87 | 12.25 | 10.89 | 158.44 | 9.0 | 13.41 | -3.01 | 44.77 | 70.2 | 116.86 | 15.31 | 19.24 | 0.00 | -100.0 | -100.0 |
| 22Q2 (11) | 95.96 | 14.67 | 43.31 | 39.42 | -1.45 | 150.44 | 0 | -100.0 | 0 | 0 | 0 | 0 | 99.83 | 0.66 | 4.45 | 10.83 | -18.2 | -13.29 | 132.46 | -0.54 | 10.66 | 32.43 | -1.58 | -11.79 | 61.96 | 13.15 | 28.1 | 0 | 0 | -100.0 | 36.74 | 374.68 | 1124.67 | 7.12 | 1.86 | 8.21 | 33.29 | 0.0 | 0.0 | 29.53 | 22.84 | 22.84 | 9.04 | 19.42 | 19.42 | 106.79 | -21.6 | 18.41 | 145.36 | -13.39 | 19.34 | -5.45 | -54.83 | 43.29 | 101.34 | -23.63 | 25.76 | 0.00 | 16.33 | 1.56 |
| 22Q1 (10) | 83.68 | 25.99 | 27.43 | 40.0 | 54.5 | 167.38 | 1.96 | 51.94 | 96.0 | 0 | -100.0 | 0 | 99.18 | -2.4 | 23.91 | 13.24 | -11.14 | 37.49 | 133.18 | 0.33 | 26.9 | 32.95 | -4.42 | -8.01 | 54.76 | 0.2 | 24.85 | 0 | 0 | -100.0 | 7.74 | 7.35 | 158.0 | 6.99 | 4.48 | 4.64 | 33.29 | 0.0 | 0.0 | 24.04 | 0.0 | 18.13 | 7.57 | 0.0 | -9.01 | 136.22 | 10.77 | 31.06 | 167.83 | 8.56 | 26.56 | -3.52 | 61.06 | 58.29 | 132.7 | 16.46 | 38.95 | 0.00 | 0.02 | 4.06 |
| 21Q4 (9) | 66.42 | 19.29 | 15.88 | 25.89 | -5.55 | 325.12 | 1.29 | 50.0 | -76.67 | 0.03 | 0 | 0 | 101.62 | -5.7 | 35.19 | 14.9 | -16.81 | 52.66 | 132.74 | -2.62 | 33.62 | 34.48 | -9.31 | -5.59 | 54.65 | 2.42 | 47.62 | 0 | -100.0 | -100.0 | 7.21 | -25.21 | 27.84 | 6.69 | -1.62 | -0.45 | 33.29 | 0.0 | 0.0 | 24.04 | 0.0 | 18.13 | 7.57 | 0.0 | -9.01 | 122.98 | 13.77 | 30.41 | 154.59 | 10.65 | 25.7 | -9.04 | 10.5 | -19.42 | 113.94 | 16.27 | 31.37 | 0.00 | 1.61 | 4.68 |
| 21Q3 (8) | 55.68 | -16.85 | 4.5 | 27.41 | 74.14 | 222.47 | 0.86 | 0 | -45.91 | 0 | 0 | 0 | 107.76 | 12.74 | 44.18 | 17.91 | 43.39 | 59.63 | 136.31 | 13.88 | 42.42 | 38.02 | 3.39 | 5.12 | 53.36 | 10.32 | 36.33 | 0.05 | 0.0 | -79.17 | 9.64 | 221.33 | 76.88 | 6.8 | 3.34 | 1378.26 | 33.29 | 0.0 | 0.0 | 24.04 | 0.0 | 18.13 | 7.57 | 0.0 | -9.01 | 108.1 | 19.86 | 27.87 | 139.71 | 14.7 | 23.41 | -10.1 | -5.1 | -0.9 | 98.0 | 21.62 | 31.49 | 0.00 | -14.1 | 8.24 |
| 21Q2 (7) | 66.96 | 1.96 | -3.53 | 15.74 | 5.21 | 85.61 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 95.58 | 19.42 | 51.69 | 12.49 | 29.7 | 45.4 | 119.7 | 14.05 | 41.41 | 36.77 | 2.64 | 0 | 48.37 | 10.28 | 45.47 | 0.05 | -16.67 | -80.0 | 3.0 | 0.0 | -79.06 | 6.58 | -1.5 | 1545.0 | 33.29 | 0.0 | 2.46 | 24.04 | 18.13 | 18.13 | 7.57 | -9.01 | -9.01 | 90.19 | -13.23 | 23.01 | 121.8 | -8.15 | 19.42 | -9.61 | -13.86 | 15.26 | 80.58 | -15.62 | 30.01 | 0.00 | 19.2 | -13.89 |
| 21Q1 (6) | 65.67 | 14.57 | -6.28 | 14.96 | 145.65 | 142.07 | 1.0 | -81.92 | -93.96 | 0 | 0 | 0 | 80.04 | 6.48 | 35.45 | 9.63 | -1.33 | 31.56 | 104.95 | 5.65 | 29.82 | 35.82 | -1.91 | 0 | 43.86 | 18.48 | 29.61 | 0.06 | -40.0 | -71.43 | 3.0 | -46.81 | -57.33 | 6.68 | -0.6 | 6580.0 | 33.29 | 0.0 | 4.13 | 20.35 | 0.0 | 18.94 | 8.32 | 0.0 | 96.23 | 103.94 | 10.22 | 13.92 | 132.61 | 7.83 | 17.79 | -8.44 | -11.49 | 12.27 | 95.5 | 10.11 | 17.01 | 0.00 | 0.62 | -19.81 |
| 20Q4 (5) | 57.32 | 7.58 | -9.75 | 6.09 | -28.35 | -8.28 | 5.53 | 247.8 | -67.47 | 0 | 0 | 0 | 75.17 | 0.58 | 10.87 | 9.76 | -13.01 | -14.08 | 99.34 | 3.79 | 8.07 | 36.52 | 0.98 | 0 | 37.02 | -5.42 | 27.44 | 0.1 | -58.33 | -54.55 | 5.64 | 3.49 | -12.29 | 6.72 | 1360.87 | 6620.0 | 33.29 | 0.0 | 4.13 | 20.35 | 0.0 | 18.94 | 8.32 | 0.0 | 96.23 | 94.3 | 11.54 | 12.37 | 122.98 | 8.63 | 16.83 | -7.57 | 24.38 | 9.01 | 86.73 | 16.37 | 14.72 | 0.00 | 5.06 | -19.21 |
| 20Q3 (4) | 53.28 | -23.24 | 0.0 | 8.5 | 0.24 | 0.0 | 1.59 | -44.01 | 0.0 | 0 | 0 | 0.0 | 74.74 | 18.62 | 0.0 | 11.22 | 30.62 | 0.0 | 95.71 | 13.07 | 0.0 | 36.17 | 0 | 0.0 | 39.14 | 17.71 | 0.0 | 0.24 | -4.0 | 0.0 | 5.45 | -61.97 | 0.0 | 0.46 | 15.0 | 0.0 | 33.29 | 2.46 | 0.0 | 20.35 | 0.0 | 0.0 | 8.32 | 0.0 | 0.0 | 84.54 | 15.3 | 0.0 | 113.21 | 11.0 | 0.0 | -10.01 | 11.73 | 0.0 | 74.53 | 20.25 | 0.0 | 0.00 | -31.67 | 0.0 |
