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) | 40.31 | 64.06 | 4.58 | -64.44 | 1.83 | 52.5 | 0 | 0 | 129.15 | -8.16 | 13.34 | 22.5 | 30.79 | -9.81 | 23.84 | -1.8 | 20.52 | -22.6 | 1.06 | 16.48 | 2.13 | -25.78 | 0.24 | -11.11 | 27.34 | 8.97 | 9.96 | 12.42 | 2.58 | -12.54 | 20.12 | 43.41 | 32.66 | 26.39 | -3.0 | 0 | 17.12 | 49.52 | 0.00 | 0 |
| 2022 (9) | 24.57 | 28.5 | 12.88 | -33.95 | 1.2 | 242.86 | 0.13 | 0.0 | 140.63 | 3.69 | 10.89 | 153.85 | 34.14 | -1.3 | 24.28 | -4.82 | 26.51 | 5.7 | 0.91 | -1.09 | 2.87 | -45.23 | 0.27 | 12.5 | 25.09 | 0.0 | 8.86 | 5.1 | 2.95 | 21.9 | 14.03 | 100.14 | 25.84 | 44.68 | -2.58 | 0 | 11.45 | 182.02 | 0.00 | 0 |
| 2021 (8) | 19.12 | 21.4 | 19.5 | 190.61 | 0.35 | 0 | 0.13 | 0 | 135.62 | 6.11 | 4.29 | -49.65 | 34.59 | 7.22 | 25.51 | 1.05 | 25.08 | 43.15 | 0.92 | 0.0 | 5.24 | 0.77 | 0.24 | -7.69 | 25.09 | 0.0 | 8.43 | 11.21 | 2.42 | -6.92 | 7.01 | -25.58 | 17.86 | -8.88 | -2.95 | 0 | 4.06 | -42.0 | 0.00 | 0 |
| 2020 (7) | 15.75 | 23.92 | 6.71 | -27.62 | 0 | 0 | 0 | 0 | 127.81 | 9.61 | 8.52 | 25.11 | 32.26 | -2.92 | 25.24 | -11.43 | 17.52 | 15.34 | 0.92 | 13.58 | 5.2 | 136.36 | 0.26 | 36.84 | 25.09 | 0.0 | 7.58 | 10.01 | 2.6 | 57.58 | 9.42 | 24.11 | 19.6 | 21.51 | -2.42 | 0 | 7.0 | 40.28 | 0.00 | 0 |
| 2019 (6) | 12.71 | 11.0 | 9.27 | 9.96 | 0 | 0 | 0 | 0 | 116.6 | -2.55 | 6.81 | 12.56 | 33.23 | 7.51 | 28.50 | 10.32 | 15.19 | -15.33 | 0.81 | 8.0 | 2.2 | 0.0 | 0.19 | -20.83 | 25.09 | 0.0 | 6.89 | 9.54 | 1.65 | 29.92 | 7.59 | 12.95 | 16.13 | 12.96 | -2.6 | 0 | 4.99 | -1.58 | 0.00 | 0 |
| 2018 (5) | 11.45 | -17.45 | 8.43 | 32.55 | 0.02 | 0 | 0 | 0 | 119.65 | 9.3 | 6.05 | -7.91 | 30.91 | 13.47 | 25.83 | 3.82 | 17.94 | 2.87 | 0.75 | 0.0 | 2.2 | -31.25 | 0.24 | 9.09 | 25.09 | 0.0 | 6.29 | 11.72 | 1.27 | 53.01 | 6.72 | -9.92 | 14.28 | 2.59 | -1.65 | 0 | 5.07 | -18.09 | 0.00 | 0 |
| 2017 (4) | 13.87 | 3.66 | 6.36 | 40.09 | 0 | 0 | 0 | 0 | 109.47 | 2.39 | 6.57 | 14.86 | 27.24 | -5.12 | 24.88 | -7.34 | 17.44 | 26.65 | 0.75 | -17.58 | 3.2 | 0.0 | 0.22 | 15.79 | 25.09 | 0.0 | 5.63 | 11.26 | 0.83 | 5.06 | 7.46 | 13.89 | 13.92 | 12.26 | -1.27 | 0 | 6.19 | 8.22 | 0.01 | -2.56 |
| 2016 (3) | 13.38 | 5.44 | 4.54 | -2.16 | 0 | 0 | 0 | 0 | 106.91 | 5.76 | 5.72 | 29.41 | 28.71 | 17.71 | 26.85 | 11.3 | 13.77 | -6.96 | 0.91 | -1.09 | 3.2 | 0 | 0.19 | -13.64 | 25.09 | 0.0 | 5.06 | 9.52 | 0.79 | 0.0 | 6.55 | 29.19 | 12.4 | 18.32 | -0.83 | 0 | 5.72 | -7.14 | 0.01 | -6.95 |
| 2015 (2) | 12.69 | 32.05 | 4.64 | -6.64 | 0 | 0 | 0 | 0 | 101.09 | 6.04 | 4.42 | 16.62 | 24.39 | -0.04 | 24.13 | -5.74 | 14.8 | 10.61 | 0.92 | -2.13 | 0 | 0 | 0.22 | -8.33 | 25.09 | 0.0 | 4.62 | 8.96 | 0.79 | 0.0 | 5.07 | 24.57 | 10.48 | 15.16 | 1.09 | -32.3 | 6.16 | 8.45 | 0.01 | 1.65 |
| 2014 (1) | 9.61 | -18.77 | 4.97 | -13.72 | 0 | 0 | 0 | 0 | 95.33 | 15.47 | 3.79 | 23.86 | 24.4 | 21.94 | 25.60 | 5.6 | 13.38 | 15.94 | 0.94 | 0.0 | 0 | 0 | 0.24 | 9.09 | 25.09 | 0.0 | 4.24 | 7.89 | 0.79 | 0.0 | 4.07 | 30.45 | 9.1 | 16.07 | 1.61 | 283.33 | 5.68 | 60.45 | 0.01 | 5.8 |
| 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) | 39.98 | -18.84 | 4.41 | 10.79 | 40.31 | 15.03 | 0.96 | 0.0 | -21.31 | 0 | 0 | 0 | 40.31 | 9.63 | 22.37 | 3.49 | -7.92 | -9.59 | 41.37 | 10.11 | 17.86 | 29.48 | 4.33 | 12.89 | 20.91 | -3.55 | -0.76 | 1.02 | -0.97 | -4.67 | 5.06 | -8.5 | 55.21 | 0.54 | -3.57 | 125.0 | 27.34 | 0.0 | 0.33 | 11.29 | 0.0 | 13.35 | 3.0 | 0.0 | 16.28 | 19.34 | 22.02 | 9.02 | 33.63 | 11.58 | 11.1 | -1.65 | 0.6 | 13.16 | 17.69 | 24.67 | 11.68 | 0.00 | 0 | 0 |
| 24Q2 (19) | 49.26 | 10.7 | 50.14 | 7.69 | 31.01 | -0.9 | 0.96 | -48.39 | -20.66 | 0 | 0 | 0 | 36.77 | 20.16 | 12.1 | 3.79 | 16.26 | -12.27 | 37.57 | 16.64 | 17.52 | 28.25 | 13.16 | 22.07 | 21.68 | 2.22 | -1.9 | 1.03 | -0.96 | -0.96 | 5.53 | 229.17 | -61.97 | 0.56 | 1.82 | 107.41 | 27.34 | 0.0 | 8.97 | 11.29 | 13.35 | 13.35 | 3.0 | 16.28 | 16.28 | 15.85 | -32.24 | 14.19 | 30.14 | -16.09 | 14.12 | -1.66 | 4.6 | 43.54 | 14.19 | -34.46 | 29.71 | 0.00 | 0 | 0 |
| 24Q1 (18) | 44.5 | 10.39 | 87.76 | 5.87 | 28.17 | -57.4 | 1.86 | 1.64 | 55.0 | 0 | 0 | 0 | 30.6 | -6.31 | -0.49 | 3.26 | 36.97 | 17.27 | 32.21 | 4.61 | 11.8 | 24.97 | 4.73 | 21.46 | 21.21 | 3.36 | -12.64 | 1.04 | -1.89 | 14.29 | 1.68 | -21.13 | -48.78 | 0.55 | 129.17 | 103.7 | 27.34 | 0.0 | 8.97 | 9.96 | 0.0 | 12.42 | 2.58 | 0.0 | -12.54 | 23.39 | 16.25 | 39.14 | 35.92 | 9.98 | 25.51 | -1.74 | 42.0 | 27.5 | 21.65 | 26.46 | 50.24 | 0.00 | 0 | 0 |
| 23Q4 (17) | 40.31 | 5.28 | 64.06 | 4.58 | -51.17 | -64.44 | 1.83 | 50.0 | 52.5 | 0 | 0 | -100.0 | 32.66 | -0.85 | -13.89 | 2.38 | -38.34 | -15.0 | 30.79 | -12.28 | -9.81 | 23.84 | -8.7 | -1.8 | 20.52 | -2.61 | -22.6 | 1.06 | -0.93 | 16.48 | 2.13 | -34.66 | -25.78 | 0.24 | 0.0 | -11.11 | 27.34 | 0.33 | 8.97 | 9.96 | 0.0 | 12.42 | 2.58 | 0.0 | -12.54 | 20.12 | 13.42 | 43.41 | 32.66 | 7.9 | 26.39 | -3.0 | -57.89 | -16.28 | 17.12 | 8.08 | 49.52 | 0.00 | 0 | 0 |
| 23Q3 (16) | 38.29 | 16.7 | 101.53 | 9.38 | 20.88 | -51.87 | 1.22 | 0.83 | 28.42 | 0 | 0 | -100.0 | 32.94 | 0.43 | -10.1 | 3.86 | -10.65 | 8.43 | 35.1 | 9.79 | -6.95 | 26.11 | 12.81 | -3.12 | 21.07 | -4.66 | -21.79 | 1.07 | 2.88 | 17.58 | 3.26 | -77.58 | 3.49 | 0.24 | -11.11 | -7.69 | 27.25 | 8.61 | 8.61 | 9.96 | 0.0 | 12.42 | 2.58 | 0.0 | -12.54 | 17.74 | 27.81 | 59.39 | 30.27 | 14.62 | 31.95 | -1.9 | 35.37 | 18.45 | 15.84 | 44.79 | 80.0 | 0.00 | 0 | 0 |
| 23Q2 (15) | 32.81 | 38.44 | 75.83 | 7.76 | -43.69 | -52.22 | 1.21 | 0.83 | 27.37 | 0 | 0 | -100.0 | 32.8 | 6.67 | -5.83 | 4.32 | 55.4 | 44.0 | 31.97 | 10.97 | -0.71 | 23.15 | 12.6 | -0.72 | 22.1 | -8.98 | -20.85 | 1.04 | 14.29 | 14.29 | 14.54 | 343.29 | 151.56 | 0.27 | 0.0 | 0.0 | 25.09 | 0.0 | 0.0 | 9.96 | 12.42 | 12.42 | 2.58 | -12.54 | -12.54 | 13.88 | -17.43 | 83.36 | 26.41 | -7.72 | 36.27 | -2.94 | -22.5 | -13.08 | 10.94 | -24.08 | 120.12 | 0.00 | 0 | 0 |
| 23Q1 (14) | 23.7 | -3.54 | 41.16 | 13.78 | 6.99 | -19.51 | 1.2 | 0.0 | 42.86 | 0 | -100.0 | -100.0 | 30.75 | -18.93 | -1.54 | 2.78 | -0.71 | 81.7 | 28.81 | -15.61 | -10.33 | 20.56 | -15.32 | -12.64 | 24.28 | -8.41 | -7.43 | 0.91 | 0.0 | -1.09 | 3.28 | 14.29 | -38.81 | 0.27 | 0.0 | 0.0 | 25.09 | 0.0 | 0.0 | 8.86 | 0.0 | 5.1 | 2.95 | 0.0 | 21.9 | 16.81 | 19.81 | 96.84 | 28.62 | 10.76 | 47.6 | -2.4 | 6.98 | -10.09 | 14.41 | 25.85 | 126.57 | 0.00 | 0 | 0 |
| 22Q4 (13) | 24.57 | 29.32 | 28.5 | 12.88 | -33.91 | -33.95 | 1.2 | 26.32 | 242.86 | 0.13 | 0.0 | 0.0 | 37.93 | 3.52 | 1.85 | 2.8 | -21.35 | 60.92 | 34.14 | -9.49 | -1.3 | 24.28 | -9.94 | -4.82 | 26.51 | -1.6 | 5.7 | 0.91 | 0.0 | -1.09 | 2.87 | -8.89 | -45.23 | 0.27 | 3.85 | 12.5 | 25.09 | 0.0 | 0.0 | 8.86 | 0.0 | 5.1 | 2.95 | 0.0 | 21.9 | 14.03 | 26.06 | 100.14 | 25.84 | 12.64 | 44.68 | -2.58 | -10.73 | 12.54 | 11.45 | 30.11 | 182.02 | 0.00 | 0 | 0 |
| 22Q3 (12) | 19.0 | 1.82 | 3.77 | 19.49 | 20.01 | 4.78 | 0.95 | 0.0 | 187.88 | 0.13 | 0.0 | 18.18 | 36.64 | 5.2 | 5.26 | 3.56 | 18.67 | 300.0 | 37.72 | 17.14 | 14.79 | 26.95 | 15.61 | 8.55 | 26.94 | -3.51 | 2.98 | 0.91 | 0.0 | 550.0 | 3.15 | -45.5 | -35.32 | 0.26 | -3.7 | -3.7 | 25.09 | 0.0 | 0.0 | 8.86 | 0.0 | 5.1 | 2.95 | 0.0 | 21.9 | 11.13 | 47.03 | 110.8 | 22.94 | 18.37 | 42.13 | -2.33 | 10.38 | 24.84 | 8.8 | 77.06 | 303.67 | 0.00 | 0 | 0 |
| 22Q2 (11) | 18.66 | 11.14 | -3.06 | 16.24 | -5.14 | 16.67 | 0.95 | 13.1 | 0 | 0.13 | -7.14 | 18.18 | 34.83 | 11.53 | 4.69 | 3.0 | 96.08 | 305.41 | 32.2 | 0.22 | -1.95 | 23.31 | -0.91 | -5.66 | 27.92 | 6.44 | 14.99 | 0.91 | -1.09 | 468.75 | 5.78 | 7.84 | 11.15 | 0.27 | 0.0 | -10.0 | 25.09 | 0.0 | 0.0 | 8.86 | 5.1 | 16.89 | 2.95 | 21.9 | 13.46 | 7.57 | -11.36 | -31.74 | 19.38 | -0.05 | -8.89 | -2.6 | -19.27 | 8.45 | 4.97 | -21.86 | -39.76 | 0.00 | 0 | 0 |
| 22Q1 (10) | 16.79 | -12.19 | 18.57 | 17.12 | -12.21 | 113.47 | 0.84 | 140.0 | 0 | 0.14 | 7.69 | 600.0 | 31.23 | -16.14 | 3.07 | 1.53 | -12.07 | 64.52 | 32.13 | -7.11 | -0.06 | 23.53 | -7.74 | -0.74 | 26.23 | 4.59 | 28.01 | 0.92 | 0.0 | 475.0 | 5.36 | 2.29 | 3.08 | 0.27 | 12.5 | -3.57 | 25.09 | 0.0 | 0.0 | 8.43 | 0.0 | 11.21 | 2.42 | 0.0 | -6.92 | 8.54 | 21.83 | -17.41 | 19.39 | 8.57 | -5.55 | -2.18 | 26.1 | 15.83 | 6.36 | 56.65 | -17.94 | 0.00 | 0 | 0 |
| 21Q4 (9) | 19.12 | 4.42 | 21.4 | 19.5 | 4.84 | 190.61 | 0.35 | 6.06 | 0 | 0.13 | 18.18 | 0 | 37.24 | 6.98 | 9.69 | 1.74 | 95.51 | 14.47 | 34.59 | 5.26 | 7.22 | 25.51 | 2.71 | 1.05 | 25.08 | -4.13 | 43.15 | 0.92 | 557.14 | 0.0 | 5.24 | 7.6 | 0.77 | 0.24 | -11.11 | -7.69 | 25.09 | 0.0 | 0.0 | 8.43 | 0.0 | 11.21 | 2.42 | 0.0 | -6.92 | 7.01 | 32.77 | -25.58 | 17.86 | 10.66 | -8.88 | -2.95 | 4.84 | -21.9 | 4.06 | 86.24 | -42.0 | 0.00 | 0 | 0 |
| 21Q3 (8) | 18.31 | -4.88 | 20.86 | 18.6 | 33.62 | 137.24 | 0.33 | 0 | 0 | 0.11 | 0.0 | 0 | 34.81 | 4.63 | -1.56 | 0.89 | 20.27 | -61.64 | 32.86 | 0.06 | -3.81 | 24.83 | 0.48 | -8.06 | 26.16 | 7.74 | 63.19 | 0.14 | -12.5 | -84.95 | 4.87 | -6.35 | -6.35 | 0.27 | -10.0 | 50.0 | 25.09 | 0.0 | 0.0 | 8.43 | 11.21 | 11.21 | 2.42 | -6.92 | -6.92 | 5.28 | -52.39 | -33.33 | 16.14 | -24.12 | -10.88 | -3.1 | -9.15 | -8.77 | 2.18 | -73.58 | -57.0 | 0.00 | 0 | 0 |
| 21Q2 (7) | 19.25 | 35.95 | 22.22 | 13.92 | 73.57 | 114.81 | 0 | 0 | 0 | 0.11 | 450.0 | 0 | 33.27 | 9.8 | -7.63 | 0.74 | -20.43 | -80.05 | 32.84 | 2.15 | -2.52 | 24.71 | 4.26 | 0 | 24.28 | 18.5 | 51.0 | 0.16 | 0.0 | -80.25 | 5.2 | 0.0 | 136.36 | 0.3 | 7.14 | 76.47 | 25.09 | 0.0 | 0.0 | 7.58 | 0.0 | 0.0 | 2.6 | 0.0 | 0.0 | 11.09 | 7.25 | 98.04 | 21.27 | 3.6 | 34.79 | -2.84 | -9.65 | 12.35 | 8.25 | 6.45 | 249.58 | 0.00 | 0 | 0 |
| 21Q1 (6) | 14.16 | -10.1 | 14.47 | 8.02 | 19.52 | 4.84 | 0 | 0 | 0 | 0.02 | 0 | 0 | 30.3 | -10.75 | 34.79 | 0.93 | -38.82 | -4.12 | 32.15 | -0.34 | 25.34 | 23.70 | -6.09 | 0 | 20.49 | 16.95 | 45.42 | 0.16 | -82.61 | -80.25 | 5.2 | 0.0 | 136.36 | 0.28 | 7.69 | 33.33 | 25.09 | 0.0 | 0.0 | 7.58 | 0.0 | 10.01 | 2.6 | 0.0 | 57.58 | 10.34 | 9.77 | 20.94 | 20.53 | 4.74 | 20.06 | -2.59 | -7.02 | 6.5 | 7.75 | 10.71 | 34.08 | 0.00 | 0 | 0 |
| 20Q4 (5) | 15.75 | 3.96 | 23.92 | 6.71 | -14.41 | -27.62 | 0 | 0 | 0 | 0 | 0 | 0 | 33.95 | -3.99 | 4.08 | 1.52 | -34.48 | -29.95 | 32.26 | -5.56 | -2.92 | 25.24 | -6.54 | 0 | 17.52 | 9.3 | 15.34 | 0.92 | -1.08 | 13.58 | 5.2 | 0.0 | 136.36 | 0.26 | 44.44 | 36.84 | 25.09 | 0.0 | 0.0 | 7.58 | 0.0 | 10.01 | 2.6 | 0.0 | 57.58 | 9.42 | 18.94 | 24.11 | 19.6 | 8.23 | 21.51 | -2.42 | 15.09 | 6.92 | 7.0 | 38.07 | 40.28 | 0.00 | 0 | 0 |
| 20Q3 (4) | 15.15 | -3.81 | 0.0 | 7.84 | 20.99 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 35.36 | -1.83 | 0.0 | 2.32 | -37.47 | 0.0 | 34.16 | 1.4 | 0.0 | 27.01 | 0 | 0.0 | 16.03 | -0.31 | 0.0 | 0.93 | 14.81 | 0.0 | 5.2 | 136.36 | 0.0 | 0.18 | 5.88 | 0.0 | 25.09 | 0.0 | 0.0 | 7.58 | 0.0 | 0.0 | 2.6 | 0.0 | 0.0 | 7.92 | 41.43 | 0.0 | 18.11 | 14.77 | 0.0 | -2.85 | 12.04 | 0.0 | 5.07 | 114.83 | 0.0 | 0.00 | 0 | 0.0 |
