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) | 110.12 | -8.46 | 2.38 | -55.18 | 1.19 | 0 | 0 | 0 | 645.68 | -6.08 | 108.38 | 0.75 | 92.71 | -16.55 | 14.36 | -11.15 | 98.04 | -30.01 | 47.05 | 7.35 | 0 | 0 | 27.5 | -1.4 | 85.84 | 10.33 | 96.3 | 12.61 | 0 | 0 | 195.99 | 10.42 | 292.3 | 8.83 | 8.93 | 1232.84 | 204.92 | 15.01 | 0.01 | -32.68 |
| 2022 (9) | 120.3 | 29.34 | 5.31 | 107.42 | 0 | 0 | 0 | 0 | 687.45 | 17.27 | 107.57 | 30.39 | 111.09 | 7.94 | 16.16 | -7.96 | 140.08 | 11.91 | 43.83 | 13.64 | 1.22 | 0 | 27.89 | 4.65 | 77.8 | 0.45 | 85.52 | 10.53 | 5.56 | -33.17 | 177.5 | 29.51 | 268.58 | 20.57 | 0.67 | 0 | 178.17 | 35.49 | 0.01 | -20.33 |
| 2021 (8) | 93.01 | 24.06 | 2.56 | 39.13 | 0 | 0 | 0 | 0 | 586.22 | 14.68 | 82.5 | 13.82 | 102.92 | 17.21 | 17.56 | 2.21 | 125.17 | 60.19 | 38.57 | 13.31 | 0 | 0 | 26.65 | -15.32 | 77.45 | 0.28 | 77.37 | 10.21 | 8.32 | -1.65 | 137.06 | 16.75 | 222.75 | 13.61 | -5.56 | 0 | 131.5 | 20.55 | 0.01 | -26.74 |
| 2020 (7) | 74.97 | 24.87 | 1.84 | -26.69 | 0 | 0 | 0 | 0 | 511.19 | -5.59 | 72.48 | -1.4 | 87.81 | -0.58 | 17.18 | 5.31 | 78.14 | 0.4 | 34.04 | 13.09 | 0 | 0 | 31.47 | -10.09 | 77.23 | 10.27 | 70.2 | 11.69 | 8.46 | 5.88 | 117.4 | 1.95 | 196.06 | 5.41 | -8.32 | 0 | 109.08 | 2.24 | 0.02 | 2.94 |
| 2019 (6) | 60.04 | -9.48 | 2.51 | 185.23 | 0.08 | -20.0 | 0 | 0 | 541.45 | 11.12 | 73.51 | 16.87 | 88.32 | 5.76 | 16.31 | -4.82 | 77.83 | 2.98 | 30.1 | 23.77 | 0.36 | -21.74 | 35.0 | -11.14 | 70.04 | 0.24 | 62.85 | 11.12 | 7.99 | 115.95 | 115.15 | 15.02 | 185.99 | 15.98 | -8.46 | 0 | 106.69 | 15.82 | 0.02 | 112.57 |
| 2018 (5) | 66.33 | 27.46 | 0.88 | 1000.0 | 0.1 | 0 | 0 | 0 | 487.27 | 9.81 | 62.9 | 2.16 | 83.51 | 6.17 | 17.14 | -3.32 | 75.58 | 21.08 | 24.32 | 80.15 | 0.46 | -59.65 | 39.39 | 2.26 | 69.87 | 0.2 | 56.56 | 12.22 | 3.7 | 335.29 | 100.11 | 7.67 | 160.36 | 11.18 | -7.99 | 0 | 92.12 | 3.18 | 0.01 | 28.61 |
| 2017 (4) | 52.04 | 12.2 | 0.08 | -98.35 | 0 | 0 | 0 | 0 | 443.75 | 5.65 | 61.57 | 8.65 | 78.66 | 6.82 | 17.73 | 1.1 | 62.42 | 11.52 | 13.5 | 125.75 | 1.14 | 0 | 38.52 | -7.47 | 69.73 | 10.14 | 50.4 | 12.68 | 0.85 | 0 | 92.98 | 10.22 | 144.23 | 11.73 | -3.7 | 0 | 89.28 | 6.91 | 0.01 | -5.38 |
| 2016 (3) | 46.38 | 6.42 | 4.84 | -45.06 | 0 | 0 | 0 | 0 | 420.02 | 10.53 | 56.67 | 11.03 | 73.64 | 14.6 | 17.53 | 3.68 | 55.97 | 14.95 | 5.98 | 25.1 | 0 | 0 | 41.63 | 204.54 | 63.31 | 0.19 | 44.73 | 12.87 | 0 | 0 | 84.36 | 18.85 | 129.09 | 16.71 | -0.85 | 0 | 83.51 | 12.27 | 0.01 | 9.47 |
| 2015 (2) | 43.58 | 39.59 | 8.81 | 29266.67 | 0 | 0 | 0 | 0 | 380.01 | 6.35 | 51.04 | 3.99 | 64.26 | 8.62 | 16.91 | 2.14 | 48.69 | 1.82 | 4.78 | 6.7 | 0 | 0 | 13.67 | -6.05 | 63.19 | 0.11 | 39.63 | 14.14 | 0 | 0 | 70.98 | 11.73 | 110.61 | 12.58 | 3.4 | -62.31 | 74.38 | 2.52 | 0.01 | -24.99 |
| 2014 (1) | 31.22 | 10.24 | 0.03 | -97.56 | 0 | 0 | 0 | 0 | 357.32 | 16.54 | 49.08 | 19.53 | 59.16 | 10.39 | 16.56 | -5.28 | 47.82 | 18.63 | 4.48 | 11.44 | 0 | 0 | 14.55 | -8.61 | 63.12 | 10.85 | 34.72 | 13.43 | 0 | 0 | 63.53 | 16.5 | 98.25 | 15.4 | 9.02 | 1540.0 | 72.55 | 31.72 | 0.01 | -0.52 |
| 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) | 123.55 | -11.06 | 4.98 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 149.5 | 2.09 | -0.37 | 22.58 | 6.86 | -12.58 | 92.71 | 1.08 | -5.04 | 15.82 | 1.18 | 7.93 | 99.12 | 7.24 | -8.65 | 48.86 | 1.2 | 6.98 | 0.37 | 0 | 0 | 25.76 | -1.94 | -8.39 | 86.34 | 0.02 | 0.65 | 107.23 | 0.0 | 11.35 | 0 | 0 | 0 | 167.76 | 15.36 | -3.15 | 274.99 | 8.84 | 2.03 | 14.39 | 20.02 | 31.18 | 182.15 | 15.72 | -1.11 | 0.00 | -3.06 | -66.11 |
| 24Q2 (19) | 138.91 | 8.47 | 19.76 | 0 | -100.0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 146.44 | 5.51 | -14.0 | 21.13 | 6.02 | -29.66 | 91.72 | 2.5 | -14.94 | 15.63 | 6.67 | 1.82 | 92.43 | -3.76 | -20.48 | 48.28 | 4.03 | 6.72 | 0 | 0 | 0 | 26.27 | -7.3 | -5.57 | 86.32 | 0.33 | 0.76 | 107.23 | 11.35 | 11.35 | 0 | 0 | 0 | 145.42 | 8.21 | -1.37 | 252.65 | 9.52 | 3.66 | 11.99 | 25.42 | 220.59 | 157.41 | 9.35 | 4.12 | 0.00 | -69.74 | -75.98 |
| 24Q1 (18) | 128.06 | 16.29 | 26.83 | 2.38 | 0.0 | -55.68 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 138.79 | -8.32 | -20.22 | 19.93 | -13.01 | -32.65 | 89.48 | -3.48 | -20.94 | 14.66 | 2.08 | -9.32 | 96.04 | -2.04 | -27.92 | 46.41 | -1.36 | 6.4 | 0 | 0 | 0 | 28.34 | 3.05 | 2.2 | 86.04 | 0.23 | 10.52 | 96.3 | 0.0 | 12.61 | 0 | 0 | -100.0 | 134.39 | -31.43 | 3.94 | 230.69 | -21.08 | 4.68 | 9.56 | 7.05 | 428.18 | 143.95 | -29.75 | 9.79 | 0.01 | 20.95 | -28.01 |
| 23Q4 (17) | 110.12 | -6.43 | -8.46 | 2.38 | -25.86 | -55.18 | 1.19 | 0.0 | 0 | 0 | 0 | 0 | 151.38 | 0.88 | -11.92 | 22.91 | -11.3 | -9.91 | 92.71 | -5.04 | -16.55 | 14.36 | -2.03 | -11.15 | 98.04 | -9.64 | -30.01 | 47.05 | 3.02 | 7.35 | 0 | 0 | -100.0 | 27.5 | -2.2 | -1.4 | 85.84 | 0.07 | 10.33 | 96.3 | 0.0 | 12.61 | 0 | 0 | -100.0 | 195.99 | 13.15 | 10.42 | 292.3 | 8.45 | 8.83 | 8.93 | -18.6 | 1232.84 | 204.92 | 11.25 | 15.01 | 0.01 | -4.47 | -32.68 |
| 23Q3 (16) | 117.69 | 1.47 | 25.02 | 3.21 | -11.81 | -41.1 | 1.19 | 0.85 | 0 | 0 | 0 | 0 | 150.06 | -11.87 | -19.38 | 25.83 | -14.01 | -18.88 | 97.63 | -9.46 | -23.2 | 14.66 | -4.56 | -22.41 | 108.5 | -6.66 | -27.37 | 45.67 | 0.95 | 9.08 | 0 | 0 | -100.0 | 28.12 | 1.08 | -0.67 | 85.78 | 0.13 | 10.29 | 96.3 | 0.0 | 12.61 | 0 | 0 | -100.0 | 173.22 | 17.49 | 14.1 | 269.52 | 10.58 | 10.96 | 10.97 | 193.32 | 1614.06 | 184.19 | 21.83 | 20.82 | 0.01 | -31.3 | -33.61 |
| 23Q2 (15) | 115.99 | 14.88 | 19.5 | 3.64 | -32.22 | -7.85 | 1.18 | 0.85 | 0 | 0 | 0 | 0 | 170.28 | -2.12 | 1.21 | 30.04 | 1.52 | 22.21 | 107.83 | -4.73 | -9.58 | 15.35 | -5.0 | -17.35 | 116.24 | -12.77 | -24.31 | 45.24 | 3.71 | 14.79 | 0 | 0 | -100.0 | 27.82 | 0.32 | 2.47 | 85.67 | 10.04 | 10.34 | 96.3 | 12.61 | 12.61 | 0 | -100.0 | -100.0 | 147.44 | 14.03 | 23.0 | 243.74 | 10.6 | 15.54 | 3.74 | 106.63 | 215.43 | 151.18 | 15.31 | 29.62 | 0.01 | -9.32 | -11.93 |
| 23Q1 (14) | 100.97 | -16.07 | 18.87 | 5.37 | 1.13 | 52.99 | 1.17 | 0 | 0 | 0 | 0 | 0 | 173.96 | 1.22 | 7.92 | 29.59 | 16.36 | 15.05 | 113.18 | 1.88 | 3.9 | 16.16 | 0.02 | -8.62 | 133.25 | -4.88 | -13.28 | 43.62 | -0.48 | 12.65 | 0 | -100.0 | -100.0 | 27.73 | -0.57 | 2.25 | 77.85 | 0.06 | 0.35 | 85.52 | 0.0 | 10.53 | 5.56 | 0.0 | -33.17 | 129.3 | -27.15 | 28.3 | 220.38 | -17.95 | 18.19 | 1.81 | 170.15 | 1.12 | 131.11 | -26.41 | 27.82 | 0.01 | 13.11 | -12.14 |
| 22Q4 (13) | 120.3 | 27.79 | 29.34 | 5.31 | -2.57 | 107.42 | 0 | 0 | 0 | 0 | 0 | 0 | 171.87 | -7.67 | 9.17 | 25.43 | -20.13 | 11.88 | 111.09 | -12.62 | 7.94 | 16.16 | -14.45 | -7.96 | 140.08 | -6.23 | 11.91 | 43.83 | 4.68 | 13.64 | 1.22 | 9.91 | 0 | 27.89 | -1.48 | 4.65 | 77.8 | 0.03 | 0.45 | 85.52 | 0.0 | 10.53 | 5.56 | 0.0 | -33.17 | 177.5 | 16.92 | 29.51 | 268.58 | 10.58 | 20.57 | 0.67 | 4.69 | 112.05 | 178.17 | 16.87 | 35.49 | 0.01 | -5.78 | -20.33 |
| 22Q3 (12) | 94.14 | -3.01 | 33.8 | 5.45 | 37.97 | 140.09 | 0 | 0 | 0 | 0 | 0 | 0 | 186.14 | 10.64 | 20.04 | 31.84 | 29.54 | 40.02 | 127.13 | 6.6 | 21.92 | 18.89 | 1.68 | 0.83 | 149.38 | -2.73 | 18.65 | 41.87 | 6.24 | 11.71 | 1.11 | -3.48 | 0 | 28.31 | 4.27 | -6.48 | 77.78 | 0.18 | 0.52 | 85.52 | 0.0 | 10.53 | 5.56 | 0.0 | -33.17 | 151.81 | 26.65 | 33.14 | 242.89 | 15.14 | 21.62 | 0.64 | 119.75 | 107.88 | 152.45 | 30.71 | 43.96 | 0.01 | -8.87 | -10.28 |
| 22Q2 (11) | 97.06 | 14.27 | 24.88 | 3.95 | 12.54 | 180.14 | 0 | 0 | 0 | 0 | 0 | 0 | 168.24 | 4.37 | 18.4 | 24.58 | -4.43 | 37.32 | 119.26 | 9.48 | 17.43 | 18.58 | 5.03 | -2.68 | 153.58 | -0.05 | 43.36 | 39.41 | 1.78 | 6.28 | 1.15 | -2.54 | 0 | 27.15 | 0.11 | -11.65 | 77.64 | 0.08 | 0.48 | 85.52 | 10.53 | 10.53 | 5.56 | -33.17 | -33.17 | 119.87 | 18.94 | 30.38 | 210.95 | 13.13 | 18.76 | -3.24 | -281.01 | 46.71 | 116.63 | 13.71 | 35.84 | 0.01 | -9.53 | -20.55 |
| 22Q1 (10) | 84.94 | -8.68 | 9.09 | 3.51 | 37.11 | 115.34 | 0 | 0 | 0 | 0 | 0 | 0 | 161.2 | 2.39 | 22.48 | 25.72 | 13.15 | 34.45 | 108.93 | 5.84 | 21.34 | 17.69 | 0.75 | 4.45 | 153.66 | 22.76 | 73.71 | 38.72 | 0.39 | 7.08 | 1.18 | 0 | 0 | 27.12 | 1.76 | -14.53 | 77.58 | 0.17 | 0.41 | 77.37 | 0.0 | 10.21 | 8.32 | 0.0 | -1.65 | 100.78 | -26.47 | 23.41 | 186.47 | -16.29 | 16.31 | 1.79 | 132.19 | 145.32 | 102.57 | -22.0 | 31.99 | 0.01 | 2.56 | -16.53 |
| 21Q4 (9) | 93.01 | 32.19 | 24.06 | 2.56 | 12.78 | 39.13 | 0 | 0 | 0 | 0 | 0 | 0 | 157.44 | 1.53 | 23.2 | 22.73 | -0.04 | 33.39 | 102.92 | -1.29 | 17.21 | 17.56 | -6.29 | 2.21 | 125.17 | -0.58 | 60.19 | 38.57 | 2.91 | 13.31 | 0 | 0 | 0 | 26.65 | -11.96 | -15.32 | 77.45 | 0.09 | 0.28 | 77.37 | 0.0 | 10.21 | 8.32 | 0.0 | -1.65 | 137.06 | 20.21 | 16.75 | 222.75 | 11.54 | 13.61 | -5.56 | 31.53 | 33.17 | 131.5 | 24.17 | 20.55 | 0.01 | 6.11 | -26.74 |
| 21Q3 (8) | 70.36 | -9.47 | 10.28 | 2.27 | 60.99 | -22.53 | 0 | 0 | 0 | 0 | 0 | 0 | 155.07 | 9.13 | 18.83 | 22.74 | 27.04 | 17.16 | 104.27 | 2.67 | 19.38 | 18.73 | -1.86 | 11.17 | 125.9 | 17.52 | 47.72 | 37.48 | 1.08 | 11.95 | 0 | 0 | 0 | 30.27 | -1.5 | -11.75 | 77.38 | 0.14 | 0.25 | 77.37 | 0.0 | 10.21 | 8.32 | 0.0 | -1.65 | 114.02 | 24.02 | 13.29 | 199.71 | 12.43 | 11.38 | -8.12 | -33.55 | 15.68 | 105.9 | 23.34 | 16.36 | 0.01 | -19.31 | -32.37 |
| 21Q2 (7) | 77.72 | -0.18 | 28.17 | 1.41 | -13.5 | -46.39 | 0 | 0 | 0 | 0 | 0 | 0 | 142.1 | 7.97 | 1.37 | 17.9 | -6.43 | -22.44 | 101.56 | 13.13 | 5.6 | 19.09 | 12.73 | 0 | 107.13 | 21.11 | 10.5 | 37.08 | 2.54 | 11.55 | 0 | 0 | 0 | 30.73 | -3.15 | -11.54 | 77.27 | 0.01 | 0.17 | 77.37 | 10.21 | 10.21 | 8.32 | -1.65 | -1.65 | 91.94 | 12.59 | 12.74 | 177.63 | 10.8 | 10.87 | -6.08 | -53.92 | 42.53 | 85.86 | 10.49 | 20.98 | 0.02 | -4.95 | -8.6 |
| 21Q1 (6) | 77.86 | 3.85 | 56.79 | 1.63 | -11.41 | -38.72 | 0 | 0 | -100.0 | 0 | 0 | 0 | 131.61 | 2.99 | 16.76 | 19.13 | 12.27 | 47.72 | 89.77 | 2.23 | 12.04 | 16.94 | -1.41 | 0 | 88.46 | 13.21 | -2.72 | 36.16 | 6.23 | 14.54 | 0 | 0 | -100.0 | 31.73 | 0.83 | -8.66 | 77.26 | 0.04 | 10.23 | 70.2 | 0.0 | 11.69 | 8.46 | 0.0 | 5.88 | 81.66 | -30.44 | 11.21 | 160.32 | -18.23 | 11.12 | -3.95 | 52.52 | 55.87 | 77.71 | -28.76 | 20.52 | 0.02 | -9.99 | -2.94 |
| 20Q4 (5) | 74.97 | 17.51 | 24.87 | 1.84 | -37.2 | -26.69 | 0 | 0 | -100.0 | 0 | 0 | 0 | 127.79 | -2.08 | -5.24 | 17.04 | -12.21 | 0.24 | 87.81 | 0.54 | -0.58 | 17.18 | 1.93 | 0 | 78.14 | -8.32 | 0.4 | 34.04 | 1.67 | 13.09 | 0 | 0 | -100.0 | 31.47 | -8.25 | -10.09 | 77.23 | 0.05 | 10.27 | 70.2 | 0.0 | 11.69 | 8.46 | 0.0 | 5.88 | 117.4 | 16.65 | 1.95 | 196.06 | 9.35 | 5.41 | -8.32 | 13.6 | 1.65 | 109.08 | 19.85 | 2.24 | 0.02 | -2.04 | 19.76 |
| 20Q3 (4) | 63.8 | 5.21 | 0.0 | 2.93 | 11.41 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 130.5 | -6.91 | 0.0 | 19.41 | -15.9 | 0.0 | 87.34 | -9.18 | 0.0 | 16.85 | 0 | 0.0 | 85.23 | -12.09 | 0.0 | 33.48 | 0.72 | 0.0 | 0 | 0 | 0.0 | 34.3 | -1.27 | 0.0 | 77.19 | 0.06 | 0.0 | 70.2 | 0.0 | 0.0 | 8.46 | 0.0 | 0.0 | 100.64 | 23.41 | 0.0 | 179.3 | 11.92 | 0.0 | -9.63 | 8.98 | 0.0 | 91.01 | 28.24 | 0.0 | 0.02 | 9.05 | 0.0 |
