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) | 19.81 | -16.97 | 3.96 | -79.6 | 0 | 0 | 0 | 0 | 94.04 | -23.66 | 0.05 | -98.96 | 18.61 | -26.33 | 19.79 | -3.5 | 32.91 | -14.5 | 0 | 0 | 9.65 | 0 | 1.01 | 4.12 | 32.13 | 0.0 | 3.41 | 20.49 | 0 | 0 | 0.39 | -90.89 | 3.79 | -55.78 | 1.42 | 30.28 | 1.81 | -66.29 | 0.18 | 44.9 |
| 2022 (9) | 23.86 | -14.88 | 19.41 | -24.03 | 0 | 0 | 0 | 0 | 123.18 | 27.23 | 4.82 | 569.44 | 25.26 | 40.57 | 20.51 | 10.49 | 38.49 | 11.44 | 0 | 0 | 0 | 0 | 0.97 | 185.29 | 32.13 | -2.34 | 2.83 | 2.54 | 1.46 | 13.18 | 4.28 | 494.44 | 8.57 | 79.66 | 1.09 | 0 | 5.37 | 0 | 0.13 | -3.87 |
| 2021 (8) | 28.03 | -28.77 | 25.55 | 5.67 | 4.61 | -12.52 | 0 | 0 | 96.82 | -5.8 | 0.72 | -74.29 | 17.97 | -18.21 | 18.56 | -13.17 | 34.54 | -4.43 | 0 | 0 | 0 | 0 | 0.34 | -29.17 | 32.9 | 0.0 | 2.76 | 11.29 | 1.29 | 43.33 | 0.72 | -74.29 | 4.77 | -22.82 | -1.46 | 0 | -0.74 | 0 | 0.13 | 15.07 |
| 2020 (7) | 39.35 | -14.59 | 24.18 | 153.73 | 5.27 | 339.17 | 0 | 0 | 102.78 | -0.46 | 2.8 | 27.27 | 21.97 | 65.06 | 21.38 | 65.83 | 36.14 | 104.41 | 0 | 0 | 0 | 0 | 0.48 | -5.88 | 32.9 | 0.0 | 2.48 | 9.73 | 0.9 | 57.89 | 2.8 | 25.56 | 6.18 | 22.13 | -1.29 | 0 | 1.51 | 13.53 | 0.11 | 6.3 |
| 2019 (6) | 46.07 | 105.58 | 9.53 | -42.07 | 1.2 | -32.96 | 0 | 0 | 103.26 | 2.66 | 2.2 | 14.58 | 13.31 | -34.3 | 12.89 | -36.01 | 17.68 | -46.59 | 0 | 0 | 7.21 | 486.18 | 0.51 | -38.55 | 32.9 | 46.68 | 2.26 | 9.18 | 0.57 | 32.56 | 2.23 | 15.54 | 5.06 | 14.48 | -0.9 | 0 | 1.33 | -2.21 | 0.11 | -20.23 |
| 2018 (5) | 22.41 | -31.66 | 16.45 | 118.17 | 1.79 | 0 | 0 | 0 | 100.58 | 17.66 | 1.92 | -41.28 | 20.26 | 76.33 | 20.14 | 49.86 | 33.1 | 129.22 | 0 | 0 | 1.23 | -80.26 | 0.83 | 31.75 | 22.43 | -7.12 | 2.07 | 18.97 | 0.43 | 72.0 | 1.93 | -42.9 | 4.42 | -17.84 | -0.57 | 0 | 1.36 | -53.9 | 0.13 | 2.25 |
| 2017 (4) | 32.79 | 25.06 | 7.54 | 54.19 | 0 | 0 | 0 | 0 | 85.48 | -2.45 | 3.27 | -27.17 | 11.49 | -33.28 | 13.44 | -31.6 | 14.44 | -15.95 | 0 | 0 | 6.23 | -36.36 | 0.63 | 23.53 | 24.15 | 6.72 | 1.74 | 34.88 | 0.25 | 0 | 3.38 | -25.22 | 5.38 | -7.4 | -0.43 | 0 | 2.95 | -30.91 | 0.13 | -2.44 |
| 2016 (3) | 26.22 | 8.53 | 4.89 | -9.28 | 0.94 | 40.3 | 0 | 0 | 87.63 | 8.68 | 4.49 | 101.35 | 17.22 | 31.25 | 19.65 | 20.77 | 17.18 | 15.53 | 0 | 0 | 9.79 | 86.48 | 0.51 | -3.77 | 22.63 | 0.89 | 1.29 | 17.27 | 0 | 0 | 4.52 | 136.65 | 5.81 | 93.02 | -0.25 | 0 | 4.27 | 97.69 | 0.14 | 21.93 |
| 2015 (2) | 24.16 | 13.91 | 5.39 | 6.52 | 0.67 | 204.55 | 0 | 0 | 80.63 | 31.68 | 2.23 | 49.66 | 13.12 | -5.41 | 16.27 | -28.17 | 14.87 | -1.91 | 0 | 0 | 5.25 | -59.27 | 0.53 | -11.67 | 22.43 | -6.74 | 1.1 | 13.4 | 0 | 0 | 1.91 | 40.44 | 3.01 | 29.18 | 0.25 | -30.56 | 2.16 | 25.58 | 0.11 | -2.58 |
| 2014 (1) | 21.21 | 18.82 | 5.06 | -49.7 | 0.22 | 0 | 0 | 0 | 61.23 | -10.51 | 1.49 | 98.67 | 13.87 | -10.63 | 22.65 | -0.14 | 15.16 | 11.72 | 0 | 0 | 12.89 | 102.04 | 0.6 | 130.77 | 24.05 | 9.22 | 0.97 | 4.3 | 0 | 0 | 1.36 | 240.0 | 2.33 | 67.63 | 0.36 | 140.0 | 1.72 | 212.73 | 0.11 | -1.43 |
| 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) | 28.13 | 4.3 | 15.9 | 11.15 | 33.85 | -30.23 | 0 | 0 | 0 | 0 | 0 | 0 | 19.6 | -19.64 | 24.13 | 0.08 | 0.0 | 129.63 | 15.54 | 2.78 | 18.63 | 17.83 | -1.71 | 47.94 | 31.91 | -7.53 | -7.05 | 0 | 0 | 0 | 5.75 | -18.56 | 38.89 | 0.75 | -10.71 | -24.24 | 32.13 | 0.0 | 0.0 | 3.41 | 0.0 | 0.0 | 0 | 0 | 0 | -0.12 | 40.0 | -116.67 | 3.29 | 2.49 | -20.15 | 2.22 | -21.28 | -22.11 | 2.1 | -19.85 | -41.18 | 0.21 | 11.94 | 39.36 |
| 24Q2 (19) | 26.97 | -12.15 | -9.28 | 8.33 | -28.07 | -65.65 | 0 | 0 | 0 | 0 | 0 | 0 | 24.39 | 15.59 | -13.08 | 0.08 | 127.59 | -77.78 | 15.12 | -1.82 | -23.87 | 18.14 | 2.5 | 13.75 | 34.51 | -4.3 | 14.65 | 0 | 0 | 0 | 7.06 | -18.66 | 42.05 | 0.84 | -9.68 | -11.58 | 32.13 | 0.0 | 0.0 | 3.41 | 0.0 | 0.0 | 0 | 0 | 0 | -0.2 | 28.57 | -120.2 | 3.21 | 2.56 | -26.88 | 2.82 | 9.3 | 84.31 | 2.62 | 13.91 | 3.97 | 0.19 | 5.22 | 33.93 |
| 24Q1 (18) | 30.7 | 54.97 | 30.58 | 11.58 | 192.42 | -31.4 | 0 | 0 | 0 | 0 | 0 | 0 | 21.1 | -4.44 | -24.94 | -0.29 | 12.12 | -200.0 | 15.4 | -17.25 | -21.83 | 17.70 | -10.58 | 13.99 | 36.06 | 9.57 | -7.63 | 0 | 0 | 0 | 8.68 | -10.05 | 52.28 | 0.93 | -7.92 | -2.11 | 32.13 | 0.0 | 0.0 | 3.41 | 0.0 | 0.0 | 0 | 0 | 0 | -0.28 | -171.79 | -144.44 | 3.13 | -17.41 | -22.33 | 2.58 | 81.69 | 186.67 | 2.3 | 27.07 | 50.33 | 0.18 | -3.72 | 40.26 |
| 23Q4 (17) | 19.81 | -18.38 | -16.97 | 3.96 | -75.22 | -79.6 | 0 | 0 | 0 | 0 | 0 | 0 | 22.08 | 39.84 | -39.92 | -0.33 | -22.22 | -125.0 | 18.61 | 42.06 | -26.33 | 19.79 | 64.22 | -3.49 | 32.91 | -4.14 | -14.5 | 0 | 0 | 0 | 9.65 | 133.09 | 0 | 1.01 | 2.02 | 4.12 | 32.13 | 0.0 | 0.0 | 3.41 | 0.0 | 20.49 | 0 | 0 | -100.0 | 0.39 | -45.83 | -90.89 | 3.79 | -8.01 | -55.78 | 1.42 | -50.18 | 30.28 | 1.81 | -49.3 | -66.29 | 0.18 | 22.9 | 44.9 |
| 23Q3 (16) | 24.27 | -18.37 | 11.79 | 15.98 | -34.1 | -38.13 | 0 | 0 | -100.0 | 0 | 0 | 0 | 15.79 | -43.73 | -50.08 | -0.27 | -175.0 | -125.0 | 13.1 | -34.04 | -49.07 | 12.05 | -24.43 | -48.45 | 34.33 | 14.05 | -25.69 | 0 | 0 | 0 | 4.14 | -16.7 | 0 | 0.99 | 4.21 | 1.02 | 32.13 | 0.0 | 0.0 | 3.41 | 0.0 | 20.49 | 0 | 0 | -100.0 | 0.72 | -27.27 | -75.68 | 4.12 | -6.15 | -43.17 | 2.85 | 86.27 | 46.15 | 3.57 | 41.67 | -27.29 | 0.15 | 7.57 | 26.5 |
| 23Q2 (15) | 29.73 | 26.46 | 7.29 | 24.25 | 43.66 | -26.76 | 0 | 0 | -100.0 | 0 | 0 | 0 | 28.06 | -0.18 | -7.76 | 0.36 | 24.14 | -78.7 | 19.86 | 0.81 | -12.08 | 15.95 | 2.72 | -29.36 | 30.1 | -22.9 | -38.24 | 0 | 0 | 0 | 4.97 | -12.81 | 0 | 0.95 | 0.0 | -8.65 | 32.13 | 0.0 | 0.0 | 3.41 | 0.0 | 20.49 | 0 | 0 | -100.0 | 0.99 | 57.14 | -47.34 | 4.39 | 8.93 | -28.85 | 1.53 | 70.0 | 1600.0 | 2.52 | 64.71 | 27.92 | 0.14 | 10.2 | 18.93 |
| 23Q1 (14) | 23.51 | -1.47 | 1.6 | 16.88 | -13.03 | -39.52 | 0 | 0 | -100.0 | 0 | 0 | 0 | 28.11 | -23.51 | 15.25 | 0.29 | -78.03 | -60.81 | 19.7 | -22.01 | 6.2 | 15.52 | -24.3 | -22.17 | 39.04 | 1.43 | -18.82 | 0 | 0 | 0 | 5.7 | 0 | 0 | 0.95 | -2.06 | 179.41 | 32.13 | 0.0 | 0.0 | 3.41 | 20.49 | 20.49 | 0 | -100.0 | -100.0 | 0.63 | -85.28 | 231.58 | 4.03 | -52.98 | -10.04 | 0.9 | -17.43 | 242.86 | 1.53 | -71.51 | 447.73 | 0.13 | -0.54 | 9.01 |
| 22Q4 (13) | 23.86 | 9.9 | -14.88 | 19.41 | -24.85 | -24.03 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 36.75 | 16.19 | 55.85 | 1.32 | 22.22 | 528.57 | 25.26 | -1.79 | 40.57 | 20.50 | -12.29 | 10.48 | 38.49 | -16.69 | 11.44 | 0 | 0 | 0 | 0 | 0 | 0 | 0.97 | -1.02 | 185.29 | 32.13 | 0.0 | -2.34 | 2.83 | 0.0 | 2.54 | 1.46 | 0.0 | 13.18 | 4.28 | 44.59 | 494.44 | 8.57 | 18.21 | 79.66 | 1.09 | -44.1 | 174.66 | 5.37 | 9.37 | 825.68 | 0.13 | 7.29 | -3.87 |
| 22Q3 (12) | 21.71 | -21.65 | 17.04 | 25.83 | -21.99 | 22.24 | 3.71 | -9.73 | -19.35 | 0 | 0 | 0 | 31.63 | 3.98 | 45.83 | 1.08 | -36.09 | 260.0 | 25.72 | 13.86 | 57.5 | 23.38 | 3.57 | 51.73 | 46.2 | -5.21 | 29.23 | 0 | 0 | 0 | 0 | 0 | 0 | 0.98 | -5.77 | 157.89 | 32.13 | 0.0 | -2.34 | 2.83 | 0.0 | 2.54 | 1.46 | 0.0 | 13.18 | 2.96 | 57.45 | 480.39 | 7.25 | 17.5 | 58.99 | 1.95 | 2066.67 | 234.48 | 4.91 | 149.24 | 622.34 | 0.12 | 1.14 | -2.66 |
| 22Q2 (11) | 27.71 | 19.75 | -4.35 | 33.11 | 18.63 | 35.86 | 4.11 | -2.38 | -10.26 | 0 | 0 | 0 | 30.42 | 24.72 | 30.28 | 1.69 | 128.38 | 745.0 | 22.59 | 21.78 | 51.51 | 22.57 | 13.18 | 73.17 | 48.74 | 1.35 | 35.99 | 0 | 0 | 0 | 0 | 0 | 0 | 1.04 | 205.88 | 136.36 | 32.13 | 0.0 | -2.34 | 2.83 | 0.0 | 2.54 | 1.46 | 0.0 | 13.18 | 1.88 | 889.47 | 795.24 | 6.17 | 37.72 | 44.84 | 0.09 | 114.29 | 106.57 | 1.97 | 547.73 | 269.83 | 0.12 | 1.0 | -15.28 |
| 22Q1 (10) | 23.14 | -17.45 | -32.93 | 27.91 | 9.24 | 9.67 | 4.21 | -8.68 | -7.68 | 0 | 0 | 0 | 24.39 | 3.44 | -13.51 | 0.74 | 252.38 | 7300.0 | 18.55 | 3.23 | -12.38 | 19.94 | 7.46 | 9.73 | 48.09 | 39.23 | 39.35 | 0 | 0 | 0 | 0 | 0 | 0 | 0.34 | 0.0 | -30.61 | 32.13 | -2.34 | -2.34 | 2.83 | 2.54 | 14.11 | 1.46 | 13.18 | 62.22 | 0.19 | -73.61 | -93.24 | 4.48 | -6.08 | -27.63 | -0.63 | 56.85 | 38.83 | -0.44 | 40.54 | -124.72 | 0.12 | -12.29 | -7.64 |
| 21Q4 (9) | 28.03 | 51.11 | -28.77 | 25.55 | 20.92 | 5.67 | 4.61 | 0.22 | -12.52 | 0 | 0 | 0 | 23.58 | 8.71 | -28.0 | 0.21 | -30.0 | -80.19 | 17.97 | 10.04 | -18.21 | 18.56 | 20.47 | -13.17 | 34.54 | -3.38 | -4.43 | 0 | 0 | 0 | 0 | 0 | 0 | 0.34 | -10.53 | -29.17 | 32.9 | 0.0 | 0.0 | 2.76 | 0.0 | 11.29 | 1.29 | 0.0 | 43.33 | 0.72 | 41.18 | -74.29 | 4.77 | 4.61 | -22.82 | -1.46 | -0.69 | -13.18 | -0.74 | 21.28 | -149.01 | 0.13 | 8.65 | 15.07 |
| 21Q3 (8) | 18.55 | -35.97 | -50.68 | 21.13 | -13.3 | -9.47 | 4.6 | 0.44 | 0 | 0 | 0 | 0 | 21.69 | -7.11 | -27.92 | 0.3 | 50.0 | -67.39 | 16.33 | 9.52 | -32.49 | 15.41 | 18.2 | -39.65 | 35.75 | -0.25 | 22.77 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.38 | -13.64 | -25.49 | 32.9 | 0.0 | 0.0 | 2.76 | 0.0 | 11.29 | 1.29 | 0.0 | 43.33 | 0.51 | 142.86 | -70.69 | 4.56 | 7.04 | -10.94 | -1.45 | -5.84 | -25.0 | -0.94 | 18.97 | -262.07 | 0.12 | -11.98 | 22.58 |
| 21Q2 (7) | 28.97 | -16.03 | -16.9 | 24.37 | -4.24 | 28.6 | 4.58 | 0.44 | 0 | 0 | 0 | 0 | 23.35 | -17.2 | -8.18 | 0.2 | 1900.0 | -82.3 | 14.91 | -29.57 | -20.27 | 13.03 | -28.29 | 0 | 35.84 | 3.85 | 53.36 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.44 | -10.2 | 15.79 | 32.9 | 0.0 | 0.0 | 2.76 | 11.29 | 11.29 | 1.29 | 43.33 | 43.33 | 0.21 | -92.53 | -74.39 | 4.26 | -31.18 | 1.43 | -1.37 | -33.01 | -9.6 | -1.16 | -165.17 | -169.77 | 0.14 | 10.12 | 36.65 |
| 21Q1 (6) | 34.5 | -12.33 | -13.27 | 25.45 | 5.25 | 106.24 | 4.56 | -13.47 | 0 | 0 | 0 | 0 | 28.2 | -13.89 | 94.35 | 0.01 | -99.06 | 103.23 | 21.17 | -3.64 | 141.67 | 18.18 | -14.97 | 0 | 34.51 | -4.51 | 50.44 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.49 | 2.08 | 11.36 | 32.9 | 0.0 | 0.0 | 2.48 | 0.0 | 9.73 | 0.9 | 0.0 | 57.89 | 2.81 | 0.36 | 46.35 | 6.19 | 0.16 | 30.32 | -1.03 | 20.16 | -11.96 | 1.78 | 17.88 | 78.0 | 0.12 | 9.27 | 12.59 |
| 20Q4 (5) | 39.35 | 4.63 | -14.59 | 24.18 | 3.6 | 153.73 | 5.27 | 0 | 339.17 | 0 | 0 | 0 | 32.75 | 8.84 | 32.43 | 1.06 | 15.22 | 47.22 | 21.97 | -9.18 | 65.06 | 21.38 | -16.26 | 0 | 36.14 | 24.11 | 104.41 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.48 | -5.88 | -5.88 | 32.9 | 0.0 | 0.0 | 2.48 | 0.0 | 9.73 | 0.9 | 0.0 | 57.89 | 2.8 | 60.92 | 25.56 | 6.18 | 20.7 | 22.13 | -1.29 | -11.21 | -43.33 | 1.51 | 160.34 | 13.53 | 0.11 | 15.74 | 6.3 |
| 20Q3 (4) | 37.61 | 7.89 | 0.0 | 23.34 | 23.17 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 30.09 | 18.32 | 0.0 | 0.92 | -18.58 | 0.0 | 24.19 | 29.36 | 0.0 | 25.53 | 0 | 0.0 | 29.12 | 24.6 | 0.0 | 0 | 0 | 0.0 | 5.78 | 0.35 | 0.0 | 0.51 | 34.21 | 0.0 | 32.9 | 0.0 | 0.0 | 2.48 | 0.0 | 0.0 | 0.9 | 0.0 | 0.0 | 1.74 | 112.2 | 0.0 | 5.12 | 21.9 | 0.0 | -1.16 | 7.2 | 0.0 | 0.58 | 234.88 | 0.0 | 0.10 | -1.88 | 0.0 |
