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) | 191.54 | 57.57 | 13.96 | -51.83 | 0 | 0 | 0 | 0 | 983.23 | -15.05 | 74.64 | 1.97 | 218.02 | -13.84 | 22.17 | 1.43 | 157.88 | -14.47 | 38.47 | 0.26 | 0 | 0 | 1.28 | 37.63 | 76.01 | 1.1 | 74.24 | 10.91 | 26.54 | -37.79 | 146.97 | 21.64 | 247.75 | 7.52 | -24.29 | 0 | 122.68 | 30.12 | 0.15 | -2.15 |
| 2022 (9) | 121.56 | 604.29 | 28.98 | 78.45 | 0 | 0 | 0 | 0 | 1157.48 | 7.7 | 73.2 | 18.95 | 253.03 | -12.84 | 21.86 | -19.07 | 184.58 | -15.31 | 38.37 | -3.83 | 0 | 0 | 0.93 | -19.83 | 75.18 | 0.87 | 66.94 | 9.68 | 42.66 | 0.31 | 120.82 | 21.12 | 230.42 | 13.34 | -26.54 | 0 | 94.28 | 63.26 | 0.16 | 1.96 |
| 2021 (8) | 17.26 | -53.99 | 16.24 | 1745.45 | 0 | 0 | 0 | 0 | 1074.74 | 13.03 | 61.54 | 12.57 | 290.29 | 22.41 | 27.01 | 8.3 | 217.96 | 38.9 | 39.9 | -4.2 | 0 | 0 | 1.16 | 14.85 | 74.53 | 0.78 | 61.03 | 9.77 | 42.53 | 29.23 | 99.75 | 3.2 | 203.3 | 9.79 | -42.0 | 0 | 57.75 | 6.45 | 0.15 | 3.25 |
| 2020 (7) | 37.51 | -9.33 | 0.88 | -90.17 | 1.0 | 0 | 0 | 0 | 950.82 | 2.73 | 54.67 | -6.37 | 237.14 | 14.73 | 24.94 | 11.67 | 156.92 | 13.32 | 41.65 | -37.41 | 0 | 0 | 1.01 | -28.87 | 73.95 | 0.68 | 55.6 | 11.74 | 32.91 | 5.99 | 96.66 | 3.15 | 185.17 | 6.1 | -42.41 | 0 | 54.25 | -10.17 | 0.15 | 3.4 |
| 2019 (6) | 41.37 | 111.94 | 8.95 | -84.14 | 0 | 0 | 0 | 0 | 925.52 | 6.06 | 58.39 | 62.6 | 206.7 | 13.01 | 22.33 | 6.54 | 138.47 | -8.16 | 66.54 | 19.46 | 1.0 | -90.06 | 1.42 | -39.32 | 73.45 | 0.56 | 49.76 | 7.78 | 31.05 | 66.85 | 93.71 | 10.82 | 174.52 | 16.86 | -33.32 | 0 | 60.39 | 12.02 | 0.15 | -0.38 |
| 2018 (5) | 19.52 | -27.16 | 56.44 | 32.93 | 4.17 | 0 | 0 | 0 | 872.6 | 11.65 | 35.91 | -10.72 | 182.91 | -4.88 | 20.96 | -14.8 | 150.78 | 21.03 | 55.7 | 0.11 | 10.06 | -45.06 | 2.34 | -6.02 | 73.04 | 1.36 | 46.17 | 9.54 | 18.61 | 328.8 | 84.56 | -7.52 | 149.34 | 8.27 | -30.65 | 0 | 53.91 | -26.34 | 0.15 | -8.15 |
| 2017 (4) | 26.8 | -12.9 | 42.46 | 102.09 | 0 | 0 | 0 | 0 | 781.56 | 1.48 | 40.22 | 13.91 | 192.29 | -4.01 | 24.60 | -5.41 | 124.58 | 21.02 | 55.64 | -12.86 | 18.31 | -22.15 | 2.49 | -2.35 | 72.06 | 1.19 | 42.15 | 9.14 | 4.34 | -54.36 | 91.44 | 13.6 | 137.93 | 7.23 | -18.25 | 0 | 73.19 | -9.79 | 0.16 | 3.56 |
| 2016 (3) | 30.77 | 30.94 | 21.01 | -15.04 | 0 | 0 | 0 | 0 | 770.18 | -4.52 | 35.31 | -6.12 | 200.32 | 7.3 | 26.01 | 12.37 | 102.94 | 9.35 | 63.85 | 123.56 | 23.52 | -1.59 | 2.55 | -3.04 | 71.21 | 1.18 | 38.62 | 11.07 | 9.51 | 119.12 | 80.49 | -5.36 | 128.63 | 3.6 | 0.64 | 0 | 81.13 | 7.46 | 0.15 | 4.2 |
| 2015 (2) | 23.5 | 18.63 | 24.73 | 17.82 | 0 | 0 | 0 | 0 | 806.63 | 0.69 | 37.61 | -7.84 | 186.7 | -2.61 | 23.15 | -3.28 | 94.14 | -6.04 | 28.56 | 142.65 | 23.9 | 378.0 | 2.63 | 6.91 | 70.38 | 1.28 | 34.77 | 13.29 | 4.34 | 0.0 | 85.05 | 0.76 | 124.16 | 3.96 | -9.55 | 0 | 75.5 | -9.99 | 0.15 | 2.65 |
| 2014 (1) | 19.81 | 25.54 | 20.99 | 200.72 | 4.11 | -8.05 | 0 | 0 | 801.11 | 7.48 | 40.81 | 7.91 | 191.71 | 3.71 | 23.93 | -3.5 | 100.19 | 15.13 | 11.77 | -7.76 | 5.0 | -45.89 | 2.46 | 46.43 | 69.49 | 1.19 | 30.69 | 14.05 | 4.34 | -70.23 | 84.41 | 21.84 | 119.43 | 7.83 | -0.53 | 0 | 83.88 | 15.92 | 0.14 | 5.55 |
| 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) | 213.62 | -19.89 | 12.98 | 47.73 | -13.66 | 20.87 | 0 | 0 | 0 | 0 | 0 | 0 | 277.21 | 12.35 | 7.41 | 23.97 | -2.99 | 13.01 | 257.4 | 11.58 | 7.5 | 25.83 | 9.44 | 9.47 | 161.38 | 13.6 | 14.86 | 38.43 | -0.05 | -0.05 | 0.81 | 305.0 | 0 | 1.84 | 17.2 | 102.2 | 76.01 | 0.0 | 0.0 | 81.67 | 0.0 | 10.01 | 24.35 | 0.0 | -8.25 | 148.68 | 19.22 | 17.73 | 254.71 | 10.39 | 12.17 | 10.83 | 18150.0 | 165.32 | 159.51 | 27.97 | 45.39 | 0.15 | 0.73 | -3.35 |
| 24Q2 (19) | 266.66 | 7.99 | 52.2 | 55.28 | 26.09 | 118.67 | 0 | 0 | 0 | 0 | 0 | 0 | 246.74 | 8.0 | -2.72 | 24.71 | 40.24 | 36.97 | 230.69 | 12.87 | 4.94 | 23.60 | 13.66 | 14.15 | 142.06 | -6.96 | 5.54 | 38.45 | -0.03 | 0.55 | 0.2 | 0.0 | 0 | 1.57 | 3.97 | 58.59 | 76.01 | 0.0 | 0.0 | 81.67 | 10.01 | 10.01 | 24.35 | -8.25 | -8.25 | 124.71 | 18.49 | 18.68 | 230.74 | 11.99 | 12.09 | -0.06 | 99.54 | 99.8 | 124.65 | 35.39 | 65.71 | 0.15 | -0.17 | -4.64 |
| 24Q1 (18) | 246.92 | 28.91 | 63.02 | 43.84 | 214.04 | 66.19 | 0 | 0 | 0 | 0 | 0 | 0 | 228.46 | -6.48 | 0.55 | 17.62 | -14.88 | 19.86 | 204.39 | -6.25 | -0.6 | 20.76 | -6.37 | 10.69 | 152.69 | -3.29 | -4.73 | 38.46 | -0.03 | 0.39 | 0.2 | 0 | 0 | 1.51 | 17.97 | 49.5 | 76.01 | 0.0 | 0.0 | 74.24 | 0.0 | 10.91 | 26.54 | 0.0 | -37.79 | 105.25 | -28.39 | 34.64 | 206.03 | -16.84 | 9.72 | -13.18 | 45.74 | 48.8 | 92.07 | -24.95 | 75.61 | 0.15 | -4.37 | -4.69 |
| 23Q4 (17) | 191.54 | 1.3 | 57.57 | 13.96 | -64.65 | -51.83 | 0 | 0 | 0 | 0 | 0 | 0 | 244.29 | -5.35 | -11.5 | 20.7 | -2.4 | 21.62 | 218.02 | -8.95 | -13.84 | 22.17 | -6.01 | 1.43 | 157.88 | 12.37 | -14.47 | 38.47 | 0.05 | 0.26 | 0 | 0 | 0 | 1.28 | 40.66 | 37.63 | 76.01 | 0.0 | 1.1 | 74.24 | 0.0 | 10.91 | 26.54 | 0.0 | -37.79 | 146.97 | 16.38 | 21.64 | 247.75 | 9.11 | 7.52 | -24.29 | -46.5 | 8.48 | 122.68 | 11.82 | 30.12 | 0.15 | 0.5 | -2.15 |
| 23Q3 (16) | 189.08 | 7.92 | 130.95 | 39.49 | 56.21 | -19.01 | 0 | 0 | 0 | 0 | 0 | 0 | 258.09 | 1.76 | -15.79 | 21.21 | 17.57 | -0.19 | 239.45 | 8.93 | -20.76 | 23.59 | 14.12 | -8.0 | 140.5 | 4.38 | -31.32 | 38.45 | 0.55 | -4.07 | 0 | 0 | 0 | 0.91 | -8.08 | -1.09 | 76.01 | 0.0 | 1.1 | 74.24 | 0.0 | 10.91 | 26.54 | 0.0 | -37.79 | 126.29 | 20.18 | 21.87 | 227.07 | 10.3 | 6.5 | -16.58 | 44.47 | 2.18 | 109.71 | 45.85 | 26.57 | 0.15 | -0.62 | 2.86 |
| 23Q2 (15) | 175.2 | 15.67 | 140.59 | 25.28 | -4.17 | -50.62 | 0 | 0 | 0 | 0 | 0 | 0 | 253.63 | 11.62 | -11.48 | 18.04 | 22.72 | 1.12 | 219.82 | 6.91 | -22.98 | 20.67 | 10.21 | -17.03 | 134.6 | -16.02 | -40.26 | 38.24 | -0.18 | -4.54 | 0 | 0 | 0 | 0.99 | -1.98 | -8.33 | 76.01 | 0.0 | 1.1 | 74.24 | 10.91 | 10.91 | 26.54 | -37.79 | -37.79 | 105.08 | 34.42 | 27.11 | 205.86 | 9.63 | 7.07 | -29.86 | -16.01 | 2.16 | 75.22 | 43.47 | 44.24 | 0.15 | -0.21 | 2.9 |
| 23Q1 (14) | 151.47 | 24.61 | 173.96 | 26.38 | -8.97 | 47.54 | 0 | 0 | 0 | 0 | 0 | 0 | 227.22 | -17.68 | -21.23 | 14.7 | -13.63 | -13.98 | 205.62 | -18.74 | -25.64 | 18.76 | -14.2 | -24.58 | 160.27 | -13.17 | -30.95 | 38.31 | -0.16 | -4.08 | 0 | 0 | 0 | 1.01 | 8.6 | -10.62 | 76.01 | 1.1 | 1.99 | 66.94 | 0.0 | 9.68 | 42.66 | 0.0 | 0.31 | 78.17 | -35.3 | 10.16 | 187.77 | -18.51 | 7.6 | -25.74 | 3.01 | 14.4 | 52.43 | -44.39 | 28.22 | 0.16 | -1.82 | 3.56 |
| 22Q4 (13) | 121.56 | 48.48 | 604.29 | 28.98 | -40.57 | 78.45 | 0 | 0 | 0 | 0 | 0 | 0 | 276.03 | -9.94 | -7.04 | 17.02 | -19.91 | 2.16 | 253.03 | -16.27 | -12.84 | 21.86 | -14.75 | -19.07 | 184.58 | -9.78 | -15.31 | 38.37 | -4.27 | -3.83 | 0 | 0 | 0 | 0.93 | 1.09 | -19.83 | 75.18 | 0.0 | 0.87 | 66.94 | 0.0 | 9.68 | 42.66 | 0.0 | 0.31 | 120.82 | 16.59 | 21.12 | 230.42 | 8.07 | 13.34 | -26.54 | -56.58 | 36.81 | 94.28 | 8.77 | 63.26 | 0.16 | 5.64 | 1.96 |
| 22Q3 (12) | 81.87 | 12.43 | 181.34 | 48.76 | -4.77 | 24.93 | 0 | 0 | 0 | 0 | 0 | 0 | 306.48 | 6.97 | 12.06 | 21.25 | 19.11 | 33.15 | 302.19 | 5.88 | 13.48 | 25.64 | 2.92 | -0.59 | 204.58 | -9.2 | -4.82 | 40.08 | 0.05 | 1.06 | 0 | 0 | 0 | 0.92 | -14.81 | -18.58 | 75.18 | 0.0 | 0.87 | 66.94 | 0.0 | 9.68 | 42.66 | 0.0 | 0.31 | 103.63 | 25.35 | 24.54 | 213.22 | 10.9 | 14.16 | -16.95 | 44.46 | 63.92 | 86.68 | 66.21 | 139.25 | 0.15 | -0.58 | -2.93 |
| 22Q2 (11) | 72.82 | 31.71 | 205.32 | 51.2 | 186.35 | 29.0 | 0 | 0 | 0 | 0 | 0 | 0 | 286.52 | -0.67 | 13.28 | 17.84 | 4.39 | 34.85 | 285.4 | 3.21 | 14.51 | 24.92 | 0.18 | 2.28 | 225.3 | -2.93 | 17.95 | 40.06 | 0.3 | 1.21 | 0 | 0 | 0 | 1.08 | -4.42 | 0.93 | 75.18 | 0.87 | 0.87 | 66.94 | 9.68 | 9.68 | 42.66 | 0.31 | 0.31 | 82.67 | 16.5 | 22.73 | 192.27 | 10.18 | 12.5 | -30.52 | -1.5 | 31.17 | 52.15 | 27.54 | 126.54 | 0.15 | 0.42 | -0.27 |
| 22Q1 (10) | 55.29 | 220.34 | -16.88 | 17.88 | 10.1 | 194.08 | 0 | 0 | -100.0 | 0 | 0 | 0 | 288.46 | -2.86 | 14.76 | 17.09 | 2.58 | 8.92 | 276.52 | -4.74 | 16.74 | 24.87 | -7.92 | 7.22 | 232.11 | 6.49 | 39.81 | 39.94 | 0.1 | -0.4 | 0 | 0 | 0 | 1.13 | -2.59 | 5.61 | 74.53 | 0.0 | 0.78 | 61.03 | 0.0 | 9.77 | 42.53 | 0.0 | 29.23 | 70.96 | -28.86 | -0.6 | 174.51 | -14.16 | 9.14 | -30.07 | 28.4 | 19.98 | 40.89 | -29.19 | 20.94 | 0.15 | -3.33 | 0.97 |
| 21Q4 (9) | 17.26 | -40.69 | -53.99 | 16.24 | -58.39 | 1745.45 | 0 | 0 | -100.0 | 0 | 0 | 0 | 296.95 | 8.58 | 16.66 | 16.66 | 4.39 | 33.17 | 290.29 | 9.01 | 22.41 | 27.01 | 4.71 | 8.3 | 217.96 | 1.41 | 38.9 | 39.9 | 0.61 | -4.2 | 0 | 0 | 0 | 1.16 | 2.65 | 14.85 | 74.53 | 0.0 | 0.78 | 61.03 | 0.0 | 9.77 | 42.53 | 0.0 | 29.23 | 99.75 | 19.88 | 3.2 | 203.3 | 8.85 | 9.79 | -42.0 | 10.6 | 0.97 | 57.75 | 59.4 | 6.45 | 0.15 | 0.57 | 3.25 |
| 21Q3 (8) | 29.1 | 22.01 | -32.42 | 39.03 | -1.66 | 148.44 | 0 | 0 | -100.0 | 0 | 0 | 0 | 273.49 | 8.13 | 3.51 | 15.96 | 20.63 | -10.69 | 266.3 | 6.85 | 12.39 | 25.80 | 5.89 | 2.62 | 214.94 | 12.52 | 56.12 | 39.66 | 0.2 | -9.58 | 0 | 0 | 0 | 1.13 | 5.61 | -29.38 | 74.53 | 0.0 | 0.78 | 61.03 | 0.0 | 9.77 | 42.53 | 0.0 | 29.23 | 83.21 | 23.53 | -1.58 | 186.77 | 9.28 | 7.92 | -46.98 | -5.95 | -4.42 | 36.23 | 57.38 | -8.42 | 0.15 | 2.15 | 1.27 |
| 21Q2 (7) | 23.85 | -64.15 | -30.77 | 39.69 | 552.8 | -34.14 | 0 | -100.0 | 0 | 0 | 0 | 0 | 252.93 | 0.62 | 0.78 | 13.23 | -15.68 | -44.62 | 249.23 | 5.22 | 8.92 | 24.36 | 5.02 | 0 | 191.02 | 15.06 | 44.81 | 39.58 | -1.3 | -19.81 | 0 | 0 | 0 | 1.07 | 0.0 | -25.69 | 74.53 | 0.78 | 0.78 | 61.03 | 9.77 | 9.77 | 42.53 | 29.23 | 29.23 | 67.36 | -5.65 | 0.97 | 170.91 | 6.89 | 10.11 | -44.34 | -17.99 | 4.77 | 23.02 | -31.91 | 14.24 | 0.15 | 1.67 | 0.2 |
| 21Q1 (6) | 66.52 | 77.34 | 30.82 | 6.08 | 590.91 | -10.06 | 1.0 | 0.0 | 0 | 0 | 0 | 0 | 251.37 | -1.25 | 38.8 | 15.69 | 25.42 | 3822.5 | 236.86 | -0.12 | 53.62 | 23.20 | -6.99 | 0 | 166.02 | 5.8 | 33.21 | 40.1 | -3.72 | -25.56 | 0 | 0 | 0 | 1.07 | 5.94 | -26.21 | 73.95 | 0.0 | 0.68 | 55.6 | 0.0 | 11.74 | 32.91 | 0.0 | 5.99 | 71.39 | -26.14 | 41.42 | 159.9 | -13.65 | 21.78 | -37.58 | 11.39 | 11.31 | 33.81 | -37.68 | 316.89 | 0.15 | -1.14 | -0.53 |
| 20Q4 (5) | 37.51 | -12.89 | -9.33 | 0.88 | -94.4 | -90.17 | 1.0 | 0.0 | 0 | 0 | 0 | 0 | 254.55 | -3.66 | 3.32 | 12.51 | -29.99 | 0.0 | 237.14 | 0.08 | 14.73 | 24.94 | -0.78 | 0 | 156.92 | 13.97 | 13.32 | 41.65 | -5.04 | -37.41 | 0 | 0 | -100.0 | 1.01 | -36.88 | -28.87 | 73.95 | 0.0 | 0.68 | 55.6 | 0.0 | 11.74 | 32.91 | 0.0 | 5.99 | 96.66 | 14.32 | 3.15 | 185.17 | 7.0 | 6.1 | -42.41 | 5.73 | -27.28 | 54.25 | 37.13 | -10.17 | 0.15 | -1.37 | 3.4 |
| 20Q3 (4) | 43.06 | 24.99 | 0.0 | 15.71 | -73.93 | 0.0 | 1.0 | 0 | 0.0 | 0 | 0 | 0.0 | 264.21 | 5.28 | 0.0 | 17.87 | -25.2 | 0.0 | 236.95 | 3.56 | 0.0 | 25.14 | 0 | 0.0 | 137.68 | 4.37 | 0.0 | 43.86 | -11.14 | 0.0 | 0 | 0 | 0.0 | 1.6 | 11.11 | 0.0 | 73.95 | 0.0 | 0.0 | 55.6 | 0.0 | 0.0 | 32.91 | 0.0 | 0.0 | 84.55 | 26.74 | 0.0 | 173.06 | 11.49 | 0.0 | -44.99 | 3.37 | 0.0 | 39.56 | 96.33 | 0.0 | 0.15 | 1.08 | 0.0 |
