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) | 28.4 | 3.76 | 21.33 | 21.12 | 4.96 | 220.0 | 0 | 0 | 89.98 | -13.04 | 9.22 | -25.04 | 28.73 | 3.76 | 31.93 | 19.31 | 13.66 | -21.54 | 0.26 | 0.0 | 0 | 0 | 0.22 | -8.33 | 16.47 | 0.37 | 6.64 | 22.96 | 2.32 | -25.4 | 28.65 | 11.78 | 37.61 | 10.16 | -3.59 | 0 | 25.06 | 7.51 | 0.33 | -0.64 |
| 2022 (9) | 27.37 | 50.97 | 17.61 | 41.56 | 1.55 | 0.65 | 0 | 0 | 103.47 | 3.92 | 12.3 | 25.25 | 27.69 | -8.79 | 26.76 | -12.23 | 17.41 | 11.96 | 0.26 | -3.7 | 4.89 | -40.29 | 0.24 | -11.11 | 16.41 | 0.74 | 5.4 | 22.17 | 3.11 | -7.44 | 25.63 | 33.56 | 34.14 | 26.54 | -2.32 | 0 | 23.31 | 44.96 | 0.33 | -0.98 |
| 2021 (8) | 18.13 | -32.1 | 12.44 | -5.4 | 1.54 | 25.2 | 0 | 0 | 99.57 | 27.29 | 9.82 | 44.84 | 30.36 | 22.07 | 30.49 | -4.1 | 15.55 | 30.34 | 0.27 | 0.0 | 8.19 | -19.94 | 0.27 | -12.9 | 16.29 | 6.26 | 4.42 | 17.87 | 3.36 | -4.82 | 19.19 | 30.99 | 26.98 | 23.03 | -3.11 | 0 | 16.08 | 42.43 | 0.33 | 2.77 |
| 2020 (7) | 26.7 | 103.97 | 13.15 | -37.65 | 1.23 | 78.26 | 0 | 0 | 78.22 | 11.14 | 6.78 | 56.58 | 24.87 | 12.18 | 31.79 | 0.93 | 11.93 | 7.48 | 0.27 | 0.0 | 10.23 | -14.89 | 0.31 | 0.0 | 15.33 | 18.65 | 3.75 | 13.29 | 3.53 | 56.89 | 14.65 | 26.73 | 21.93 | 28.1 | -3.36 | 0 | 11.29 | 40.6 | 0.32 | -17.63 |
| 2019 (6) | 13.09 | 0.38 | 21.09 | -25.97 | 0.69 | 0.0 | 0 | 0 | 70.38 | -12.55 | 4.33 | -24.17 | 22.17 | -16.81 | 31.50 | -4.87 | 11.1 | -17.53 | 0.27 | -3.57 | 12.02 | 145.31 | 0.31 | -8.82 | 12.92 | 0.0 | 3.31 | 20.8 | 2.25 | 89.08 | 11.56 | -2.61 | 17.12 | 8.35 | -3.53 | 0 | 8.03 | -16.53 | 0.39 | -2.18 |
| 2018 (5) | 13.04 | 56.54 | 28.49 | 27.53 | 0.69 | 13.11 | 0 | 0 | 80.48 | 12.09 | 5.71 | 23.86 | 26.65 | 2.26 | 33.11 | -8.77 | 13.46 | 33.66 | 0.28 | 0.0 | 4.9 | 118.75 | 0.34 | -5.56 | 12.92 | -1.52 | 2.74 | 20.18 | 1.19 | 14.42 | 11.87 | 26.68 | 15.8 | 24.51 | -2.25 | 0 | 9.62 | 17.6 | 0.40 | -4.32 |
| 2017 (4) | 8.33 | -50.06 | 22.34 | 40.41 | 0.61 | 19.61 | 0 | 0 | 71.8 | 18.19 | 4.61 | 7.21 | 26.06 | 22.46 | 36.30 | 3.62 | 10.07 | 10.18 | 0.28 | 7.69 | 2.24 | -46.15 | 0.36 | 50.0 | 13.12 | 0.0 | 2.28 | 23.24 | 1.04 | 8.33 | 9.37 | 12.08 | 12.69 | 13.71 | -1.19 | 0 | 8.18 | 11.75 | 0.42 | 7.15 |
| 2016 (3) | 16.68 | -8.6 | 15.91 | 0.06 | 0.51 | -77.13 | 0 | 0 | 60.75 | 4.71 | 4.3 | 5.13 | 21.28 | 10.78 | 35.03 | 5.8 | 9.14 | 9.72 | 0.26 | -86.39 | 4.16 | 37.75 | 0.24 | -11.11 | 13.12 | 0.0 | 1.85 | 28.47 | 0.96 | 0.0 | 8.36 | 8.01 | 11.16 | 10.06 | -1.04 | 0 | 7.32 | -12.23 | 0.39 | 1.37 |
| 2015 (2) | 18.25 | 66.82 | 15.9 | 22.59 | 2.23 | 22.53 | 0 | 0 | 58.02 | -4.45 | 4.09 | -26.31 | 19.21 | -9.04 | 33.11 | -4.81 | 8.33 | -14.39 | 1.91 | 235.09 | 3.02 | -40.08 | 0.27 | -6.9 | 13.12 | -14.97 | 1.44 | 61.8 | 0.96 | 0.0 | 7.74 | 9.63 | 10.14 | 13.93 | 0.6 | -39.39 | 8.34 | 3.6 | 0.39 | 30.24 |
| 2014 (1) | 10.94 | 38.48 | 12.97 | -2.92 | 1.82 | 3.41 | 0 | 0 | 60.72 | 6.32 | 5.55 | 49.6 | 21.12 | 8.36 | 34.78 | 1.92 | 9.73 | 12.23 | 0.57 | -1.72 | 5.04 | 20.57 | 0.29 | 31.82 | 15.43 | 0.0 | 0.89 | 71.15 | 0.96 | 0.0 | 7.06 | 41.77 | 8.9 | 37.98 | 0.99 | 153.85 | 8.05 | 49.91 | 0.30 | -1.68 |
| 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) | 34.91 | 16.37 | 27.41 | 21.74 | 13.35 | -3.12 | 0.6 | -87.58 | -87.85 | 0 | 0 | 0 | 27.91 | 1.97 | 24.38 | 2.64 | -14.56 | -5.38 | 34.23 | 0.68 | 18.2 | 33.93 | -4.78 | 5.71 | 14.72 | 3.37 | 5.37 | 0.26 | 0.0 | 0.0 | 1.64 | 0 | 0 | 0.21 | 0.0 | -4.55 | 16.47 | 0.0 | 0.0 | 7.56 | 0.0 | 13.86 | 3.59 | 0.0 | 54.74 | 30.0 | 9.65 | 14.72 | 41.15 | 6.86 | 17.17 | -0.27 | 85.56 | 88.21 | 29.73 | 16.63 | 24.6 | 0.35 | 4.44 | 4.97 |
| 24Q2 (19) | 30.0 | 5.6 | 7.84 | 19.18 | -6.89 | 18.76 | 4.83 | -3.01 | -2.03 | 0 | 0 | 0 | 27.37 | 24.98 | 20.25 | 3.09 | 27.16 | 39.19 | 34.0 | 16.28 | 27.82 | 35.64 | 10.66 | 24.59 | 14.24 | 2.01 | -0.35 | 0.26 | 0.0 | 0.0 | 0 | 0 | 0 | 0.21 | -4.55 | -4.55 | 16.47 | 0.0 | 0.0 | 7.56 | 13.86 | 13.86 | 3.59 | 54.74 | 54.74 | 27.36 | -11.94 | 17.12 | 38.51 | -3.82 | 19.12 | -1.87 | 22.41 | 54.72 | 25.49 | -11.06 | 32.55 | 0.33 | 1.31 | -0.25 |
| 24Q1 (18) | 28.41 | 0.04 | -6.7 | 20.6 | -3.42 | 31.8 | 4.98 | 0.4 | -13.99 | 0 | 0 | 0 | 21.9 | -7.59 | 3.84 | 2.43 | -2.8 | 42.11 | 29.24 | 1.78 | 12.55 | 32.20 | 0.87 | 22.51 | 13.96 | 2.2 | -9.23 | 0.26 | 0.0 | 0.0 | 0 | 0 | 0 | 0.22 | 0.0 | -4.35 | 16.47 | 0.0 | 0.24 | 6.64 | 0.0 | 22.96 | 2.32 | 0.0 | -25.4 | 31.07 | 8.45 | 13.64 | 40.04 | 6.46 | 11.69 | -2.41 | 32.87 | -13.68 | 28.66 | 14.37 | 13.64 | 0.33 | 0.1 | -0.19 |
| 23Q4 (17) | 28.4 | 3.65 | 3.76 | 21.33 | -4.95 | 21.12 | 4.96 | 0.4 | 220.0 | 0 | 0 | 0 | 23.7 | 5.61 | -0.96 | 2.5 | -10.39 | 29.53 | 28.73 | -0.79 | 3.76 | 31.93 | -0.54 | 19.31 | 13.66 | -2.22 | -21.54 | 0.26 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0.22 | 0.0 | -8.33 | 16.47 | 0.0 | 0.37 | 6.64 | 0.0 | 22.96 | 2.32 | 0.0 | -25.4 | 28.65 | 9.56 | 11.78 | 37.61 | 7.09 | 10.16 | -3.59 | -56.77 | -54.74 | 25.06 | 5.03 | 7.51 | 0.33 | -0.89 | -0.64 |
| 23Q3 (16) | 27.4 | -1.51 | 35.58 | 22.44 | 38.95 | 22.49 | 4.94 | 0.2 | 123.53 | 0 | 0 | 0 | 22.44 | -1.41 | -11.02 | 2.79 | 25.68 | -29.01 | 28.96 | 8.87 | -6.97 | 32.10 | 12.23 | 9.8 | 13.97 | -2.24 | -24.93 | 0.26 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0.22 | 0.0 | -12.0 | 16.47 | 0.0 | 0.73 | 6.64 | 0.0 | 22.96 | 2.32 | 0.0 | -25.4 | 26.15 | 11.94 | 10.76 | 35.12 | 8.63 | 9.34 | -2.29 | 44.55 | -44.03 | 23.86 | 24.08 | 8.36 | 0.33 | -0.75 | -0.97 |
| 23Q2 (15) | 27.82 | -8.64 | 53.87 | 16.15 | 3.33 | 39.71 | 4.93 | -14.85 | 138.16 | 0 | 0 | 0 | 22.76 | 7.92 | -20.42 | 2.22 | 29.82 | -40.16 | 26.6 | 2.39 | -19.78 | 28.60 | 8.82 | -6.71 | 14.29 | -7.09 | -24.91 | 0.26 | 0.0 | -3.7 | 0 | 0 | -100.0 | 0.22 | -4.35 | -15.38 | 16.47 | 0.24 | 0.73 | 6.64 | 22.96 | 22.96 | 2.32 | -25.4 | -25.4 | 23.36 | -14.56 | 18.7 | 32.33 | -9.82 | 14.69 | -4.13 | -94.81 | -101.46 | 19.23 | -23.75 | 9.08 | 0.33 | 1.37 | -1.52 |
| 23Q1 (14) | 30.45 | 11.25 | 67.4 | 15.63 | -11.24 | 32.91 | 5.79 | 273.55 | 198.45 | 0 | 0 | 0 | 21.09 | -11.87 | -18.03 | 1.71 | -11.4 | -37.36 | 25.98 | -6.18 | -15.87 | 26.28 | -1.77 | -11.43 | 15.38 | -11.66 | -11.46 | 0.26 | 0.0 | -3.7 | 0 | -100.0 | -100.0 | 0.23 | -4.17 | -14.81 | 16.43 | 0.12 | 0.49 | 5.4 | 0.0 | 22.17 | 3.11 | 0.0 | -7.44 | 27.34 | 6.67 | 24.67 | 35.85 | 5.01 | 20.67 | -2.12 | 8.62 | -73.77 | 25.22 | 8.19 | 21.78 | 0.33 | -0.36 | -1.62 |
| 22Q4 (13) | 27.37 | 35.43 | 50.97 | 17.61 | -3.88 | 41.56 | 1.55 | -29.86 | 0.65 | 0 | 0 | 0 | 23.93 | -5.11 | -11.14 | 1.93 | -50.89 | -26.89 | 27.69 | -11.05 | -8.79 | 26.76 | -8.47 | -12.24 | 17.41 | -6.45 | 11.96 | 0.26 | 0.0 | -3.7 | 4.89 | -3.17 | -40.29 | 0.24 | -4.0 | -11.11 | 16.41 | 0.37 | 0.74 | 5.4 | 0.0 | 22.17 | 3.11 | 0.0 | -7.44 | 25.63 | 8.56 | 33.56 | 34.14 | 6.29 | 26.54 | -2.32 | -45.91 | 25.4 | 23.31 | 5.86 | 44.96 | 0.33 | -1.22 | -0.98 |
| 22Q3 (12) | 20.21 | 11.78 | 40.25 | 18.32 | 58.48 | 51.53 | 2.21 | 6.76 | 31.55 | 0 | 0 | 0 | 25.22 | -11.82 | -6.25 | 3.93 | 5.93 | 44.49 | 31.13 | -6.12 | -1.77 | 29.24 | -4.64 | -13.2 | 18.61 | -2.21 | 37.75 | 0.26 | -3.7 | -3.7 | 5.05 | -24.4 | -40.59 | 0.25 | -3.85 | -10.71 | 16.35 | 0.0 | 0.8 | 5.4 | 0.0 | 22.17 | 3.11 | 0.0 | -7.44 | 23.61 | 19.97 | 42.49 | 32.12 | 13.94 | 31.91 | -1.59 | 22.44 | 54.44 | 22.02 | 24.9 | 68.35 | 0.33 | -1.29 | -0.29 |
| 22Q2 (11) | 18.08 | -0.6 | -3.0 | 11.56 | -1.7 | -7.96 | 2.07 | 6.7 | 58.02 | 0 | 0 | 0 | 28.6 | 11.15 | 16.78 | 3.71 | 35.9 | 50.81 | 33.16 | 7.38 | 19.45 | 30.66 | 3.3 | -2.97 | 19.03 | 9.56 | 41.8 | 0.27 | 0.0 | 0.0 | 6.68 | -16.92 | 33.07 | 0.26 | -3.7 | -13.33 | 16.35 | 0.0 | 1.93 | 5.4 | 22.17 | 44.0 | 3.11 | -7.44 | -11.9 | 19.68 | -10.26 | 2.98 | 28.19 | -5.12 | 6.86 | -2.05 | -68.03 | 40.58 | 17.63 | -14.87 | 12.58 | 0.34 | 1.27 | 4.17 |
| 22Q1 (10) | 18.19 | 0.33 | -18.21 | 11.76 | -5.47 | 18.43 | 1.94 | 25.97 | 113.19 | 0 | 0 | 0 | 25.73 | -4.46 | 21.08 | 2.73 | 3.41 | 37.19 | 30.88 | 1.71 | 20.96 | 29.68 | -2.67 | -2.58 | 17.37 | 11.7 | 31.69 | 0.27 | 0.0 | 0.0 | 8.04 | -1.83 | 25.62 | 0.27 | 0.0 | -12.9 | 16.35 | 0.37 | 2.57 | 4.42 | 0.0 | 17.87 | 3.36 | 0.0 | -4.82 | 21.93 | 14.28 | 31.79 | 29.71 | 10.12 | 24.21 | -1.22 | 60.77 | 61.51 | 20.71 | 28.79 | 53.75 | 0.33 | 0.28 | 3.47 |
| 21Q4 (9) | 18.13 | 25.82 | -32.1 | 12.44 | 2.89 | -5.4 | 1.54 | -8.33 | 25.2 | 0 | 0 | 0 | 26.93 | 0.11 | 25.55 | 2.64 | -2.94 | 100.0 | 30.36 | -4.2 | 22.07 | 30.49 | -9.47 | -4.09 | 15.55 | 15.1 | 30.34 | 0.27 | 0.0 | 0.0 | 8.19 | -3.65 | -19.94 | 0.27 | -3.57 | -12.9 | 16.29 | 0.43 | 6.26 | 4.42 | 0.0 | 17.87 | 3.36 | 0.0 | -4.82 | 19.19 | 15.81 | 30.99 | 26.98 | 10.8 | 23.03 | -3.11 | 10.89 | 7.44 | 16.08 | 22.94 | 42.43 | 0.33 | -0.53 | 2.77 |
| 21Q3 (8) | 14.41 | -22.69 | -39.78 | 12.09 | -3.74 | -20.25 | 1.68 | 28.24 | 104.88 | 0 | 0 | 0 | 26.9 | 9.84 | 30.14 | 2.72 | 10.57 | 24.77 | 31.69 | 14.16 | 23.45 | 33.68 | 6.6 | -1.2 | 13.51 | 0.67 | 12.58 | 0.27 | 0.0 | 0.0 | 8.5 | 69.32 | -39.89 | 0.28 | -6.67 | -9.68 | 16.22 | 1.12 | 18.31 | 4.42 | 17.87 | 17.87 | 3.36 | -4.82 | -4.82 | 16.57 | -13.29 | 23.93 | 24.35 | -7.7 | 17.97 | -3.49 | -1.16 | 6.93 | 13.08 | -16.48 | 35.97 | 0.34 | 3.12 | -8.37 |
| 21Q2 (7) | 18.64 | -16.19 | -10.3 | 12.56 | 26.49 | -33.16 | 1.31 | 43.96 | 63.75 | 0 | 0 | 0 | 24.49 | 15.25 | 19.87 | 2.46 | 23.62 | 17.7 | 27.76 | 8.73 | 14.14 | 31.60 | 3.71 | 0 | 13.42 | 1.74 | 7.7 | 0.27 | 0.0 | 0.0 | 5.02 | -21.56 | -56.57 | 0.3 | -3.23 | 3.45 | 16.04 | 0.63 | 24.15 | 3.75 | 0.0 | 0.0 | 3.53 | 0.0 | 0.0 | 19.11 | 14.84 | 70.78 | 26.38 | 10.28 | 42.83 | -3.45 | -8.83 | 24.34 | 15.66 | 16.26 | 136.2 | 0.33 | 0.59 | -17.04 |
| 21Q1 (6) | 22.24 | -16.7 | -7.26 | 9.93 | -24.49 | -50.79 | 0.91 | -26.02 | 49.18 | 0 | 0 | 0 | 21.25 | -0.93 | 35.52 | 1.99 | 50.76 | 67.23 | 25.53 | 2.65 | 25.89 | 30.47 | -4.17 | 0 | 13.19 | 10.56 | 7.15 | 0.27 | 0.0 | 0.0 | 6.4 | -37.44 | -46.49 | 0.31 | 0.0 | 3.33 | 15.94 | 3.98 | 23.37 | 3.75 | 0.0 | 13.29 | 3.53 | 0.0 | 56.89 | 16.64 | 13.58 | 30.51 | 23.92 | 9.07 | 30.64 | -3.17 | 5.65 | 18.3 | 13.47 | 19.31 | 51.86 | 0.32 | -0.39 | -17.29 |
| 20Q4 (5) | 26.7 | 11.58 | 103.97 | 13.15 | -13.26 | -37.65 | 1.23 | 50.0 | 78.26 | 0 | 0 | 0 | 21.45 | 3.77 | 15.82 | 1.32 | -39.45 | 32.0 | 24.87 | -3.12 | 12.18 | 31.79 | -6.75 | 0 | 11.93 | -0.58 | 7.48 | 0.27 | 0.0 | 0.0 | 10.23 | -27.65 | -14.89 | 0.31 | 0.0 | 0.0 | 15.33 | 11.82 | 18.65 | 3.75 | 0.0 | 13.29 | 3.53 | 0.0 | 56.89 | 14.65 | 9.57 | 26.73 | 21.93 | 6.25 | 28.1 | -3.36 | 10.4 | 4.82 | 11.29 | 17.36 | 40.6 | 0.32 | -11.31 | -17.63 |
| 20Q3 (4) | 23.93 | 15.16 | 0.0 | 15.16 | -19.32 | 0.0 | 0.82 | 2.5 | 0.0 | 0 | 0 | 0.0 | 20.67 | 1.17 | 0.0 | 2.18 | 4.31 | 0.0 | 25.67 | 5.55 | 0.0 | 34.09 | 0 | 0.0 | 12.0 | -3.69 | 0.0 | 0.27 | 0.0 | 0.0 | 14.14 | 22.32 | 0.0 | 0.31 | 6.9 | 0.0 | 13.71 | 6.11 | 0.0 | 3.75 | 0.0 | 0.0 | 3.53 | 0.0 | 0.0 | 13.37 | 19.48 | 0.0 | 20.64 | 11.75 | 0.0 | -3.75 | 17.76 | 0.0 | 9.62 | 45.1 | 0.0 | 0.37 | -6.63 | 0.0 |
