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) | 30.77 | 1.42 | 26.89 | -2.92 | 5.07 | 5.85 | 0 | 0 | 127.07 | -3.94 | 8.21 | -53.3 | 40.73 | 8.04 | 32.05 | 12.47 | 30.07 | -19.9 | 20.18 | -0.98 | 63.43 | 5.12 | 16.49 | -0.72 | 38.21 | -0.18 | 7.29 | 44.07 | 7.17 | 0.0 | 25.8 | -17.23 | 40.27 | -7.21 | -6.06 | 0 | 19.74 | -23.01 | 0.09 | 9.12 |
| 2022 (9) | 30.34 | -11.13 | 27.7 | -13.95 | 4.79 | 1396.88 | 0 | 0 | 132.28 | -4.57 | 17.58 | -8.77 | 37.7 | -19.25 | 28.50 | -15.38 | 37.54 | 55.06 | 20.38 | 1.7 | 60.34 | 32.56 | 16.61 | 661.93 | 38.28 | 0.0 | 5.06 | 54.27 | 7.17 | 0.0 | 31.17 | 41.36 | 43.4 | 33.54 | -5.53 | 0 | 25.64 | 31.29 | 0.09 | 429.28 |
| 2021 (8) | 34.14 | 75.26 | 32.19 | 69.51 | 0.32 | 0 | 0 | 0 | 138.62 | 32.21 | 19.27 | 114.83 | 46.69 | 20.65 | 33.68 | -8.75 | 24.21 | 50.0 | 20.04 | 408.63 | 45.52 | -1.98 | 2.18 | -14.17 | 38.28 | 15.02 | 3.28 | 37.24 | 7.17 | 0.0 | 22.05 | 117.03 | 32.5 | 64.81 | -2.52 | 0 | 19.53 | 207.56 | 0.02 | -19.16 |
| 2020 (7) | 19.48 | 72.08 | 18.99 | -13.49 | 0 | 0 | 0 | 0 | 104.85 | 14.68 | 8.97 | 69.25 | 38.7 | 12.83 | 36.91 | -1.61 | 16.14 | -1.47 | 3.94 | -6.41 | 46.44 | 36.15 | 2.54 | -22.8 | 33.28 | 0.0 | 2.39 | 28.49 | 7.17 | 36.57 | 10.16 | 40.53 | 19.72 | 37.42 | -3.81 | 0 | 6.35 | 10483.33 | 0.02 | 3.43 |
| 2019 (6) | 11.32 | -27.44 | 21.95 | -3.26 | 0 | 0 | 0 | 0 | 91.43 | -19.56 | 5.3 | -40.58 | 34.3 | -3.03 | 37.52 | 20.55 | 16.38 | -18.63 | 4.21 | 1.2 | 34.11 | 6.89 | 3.29 | -0.9 | 33.28 | -10.01 | 1.86 | 72.22 | 5.25 | 105.88 | 7.23 | -7.66 | 14.35 | 25.22 | -7.17 | 0 | 0.06 | -97.67 | 0.02 | -21.52 |
| 2018 (5) | 15.6 | 62.67 | 22.69 | 50.36 | 0.13 | -95.31 | 0 | 0 | 113.66 | -4.44 | 8.92 | 0 | 35.37 | -19.06 | 31.12 | -15.3 | 20.13 | -9.24 | 4.16 | -5.67 | 31.91 | -45.81 | 3.32 | 8.14 | 36.98 | 0.0 | 1.08 | -71.88 | 2.55 | -3.41 | 7.83 | 0 | 11.46 | 208.06 | -5.25 | 0 | 2.58 | 0 | 0.02 | -85.33 |
| 2017 (4) | 9.59 | 9.6 | 15.09 | 74.86 | 2.77 | 22.03 | 0 | 0 | 118.94 | -7.57 | -3.39 | 0 | 43.7 | -0.59 | 36.74 | 7.55 | 22.18 | 19.06 | 4.41 | 184.52 | 58.88 | -8.19 | 3.07 | -52.03 | 36.98 | 0.0 | 3.84 | 11.95 | 2.64 | 25.71 | -2.76 | 0 | 3.72 | -61.53 | -2.73 | 0 | -5.49 | 0 | 0.17 | -4.11 |
| 2016 (3) | 8.75 | -8.57 | 8.63 | -23.15 | 2.27 | -91.57 | 0 | 0 | 128.68 | -14.13 | 6.05 | 31.81 | 43.96 | -2.01 | 34.16 | 14.12 | 18.63 | -12.9 | 1.55 | 1007.14 | 64.13 | 30.45 | 6.4 | -2.14 | 36.98 | -5.28 | 3.43 | 13.58 | 2.1 | 0.0 | 4.15 | 3.23 | 9.67 | 5.8 | -2.64 | 0 | 1.51 | -69.43 | 0.18 | 45.69 |
| 2015 (2) | 9.57 | -0.52 | 11.23 | -23.97 | 26.92 | 102.1 | 0 | 0 | 149.85 | -13.54 | 4.59 | 328.97 | 44.86 | -25.22 | 29.94 | -13.51 | 21.39 | -20.48 | 0.14 | -26.32 | 49.16 | -33.96 | 6.54 | -8.66 | 39.04 | 1.46 | 3.02 | -21.56 | 2.1 | 0.0 | 4.02 | 0 | 9.14 | 78.52 | 0.92 | -53.3 | 4.94 | 333.33 | 0.12 | -47.8 |
| 2014 (1) | 9.62 | -17.71 | 14.77 | -24.41 | 13.32 | 210.49 | 0 | 0 | 173.31 | 26.81 | 1.07 | 0 | 59.99 | 20.85 | 34.61 | -4.7 | 26.9 | 22.11 | 0.19 | -9.52 | 74.44 | -16.61 | 7.16 | 0.28 | 38.48 | 3.47 | 3.85 | 0.0 | 2.1 | 0.0 | -0.83 | 0 | 5.12 | 27.36 | 1.97 | 11.93 | 1.14 | 0 | 0.23 | 52.54 |
| 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) | 21.25 | -17.15 | -24.54 | 32.82 | 7.47 | 0.12 | 6.9 | 12.93 | 36.09 | 0 | 0 | 0 | 33.35 | 1.65 | 1.89 | 2.53 | -10.28 | 3.69 | 43.35 | 0.32 | -6.73 | 34.53 | -0.17 | -6.89 | 26.18 | -5.9 | -17.1 | 21.06 | 3.24 | 3.79 | 55.05 | -8.13 | 3.57 | 16.4 | -0.12 | 0.0 | 38.21 | 0.0 | 0.0 | 8.13 | 0.0 | 11.52 | 7.17 | 0.0 | 0.0 | 27.53 | 10.16 | 12.92 | 42.82 | 6.28 | 10.22 | -2.91 | -25.97 | -7.78 | 24.62 | 8.55 | 13.56 | 0.09 | 0.73 | -2.58 |
| 24Q2 (19) | 25.65 | -5.77 | 20.93 | 30.54 | 2.48 | 39.77 | 6.11 | 14.63 | 20.51 | 0 | 0 | 0 | 32.81 | 12.79 | -7.34 | 2.82 | 57.54 | -6.62 | 43.21 | 2.25 | -5.68 | 34.59 | 4.38 | -6.15 | 27.82 | -5.66 | -15.26 | 20.4 | -2.9 | 4.4 | 59.92 | 0.39 | 0.05 | 16.42 | -0.3 | 0.12 | 38.21 | 0.0 | 0.0 | 8.13 | 11.52 | 11.52 | 7.17 | 0.0 | 0.0 | 24.99 | 8.6 | 13.9 | 40.29 | 7.53 | 10.66 | -2.31 | 35.83 | 59.12 | 22.68 | 16.85 | 39.23 | 0.09 | 1.14 | -4.01 |
| 24Q1 (18) | 27.22 | -11.54 | 46.82 | 29.8 | 10.82 | -0.77 | 5.33 | 5.13 | 5.13 | 0 | 0 | 0 | 29.09 | -3.99 | 1.64 | 1.79 | 23.45 | 37.69 | 42.26 | 3.76 | 8.83 | 33.14 | 3.37 | 5.6 | 29.49 | -1.93 | -21.82 | 21.01 | 4.11 | 2.59 | 59.69 | -5.9 | 10.31 | 16.47 | -0.12 | -0.24 | 38.21 | 0.0 | -0.18 | 7.29 | 0.0 | 44.07 | 7.17 | 0.0 | 0.0 | 23.01 | -10.81 | 8.74 | 37.47 | -6.95 | 12.22 | -3.6 | 40.59 | 32.46 | 19.41 | -1.67 | 22.62 | 0.09 | -8.53 | -4.89 |
| 23Q4 (17) | 30.77 | 9.27 | 1.42 | 26.89 | -17.97 | -2.92 | 5.07 | 0.0 | 5.85 | 0 | 0 | 0 | 30.3 | -7.42 | 6.02 | 1.45 | -40.57 | -2.68 | 40.73 | -12.37 | 8.04 | 32.06 | -13.56 | 12.48 | 30.07 | -4.78 | -19.9 | 20.18 | -0.54 | -0.98 | 63.43 | 19.34 | 5.12 | 16.49 | 0.55 | -0.72 | 38.21 | 0.0 | -0.18 | 7.29 | 0.0 | 44.07 | 7.17 | 0.0 | 0.0 | 25.8 | 5.82 | -17.23 | 40.27 | 3.66 | -7.21 | -6.06 | -124.44 | -9.58 | 19.74 | -8.95 | -23.01 | 0.09 | 4.54 | 9.12 |
| 23Q3 (16) | 28.16 | 32.77 | 12.15 | 32.78 | 50.02 | -37.31 | 5.07 | 0.0 | 37.03 | 0 | 0 | 0 | 32.73 | -7.57 | 3.28 | 2.44 | -19.21 | -42.72 | 46.48 | 1.46 | 2.67 | 37.08 | 0.62 | 13.02 | 31.58 | -3.81 | -14.35 | 20.29 | 3.84 | -0.05 | 53.15 | -11.25 | 23.06 | 16.4 | 0.0 | 0.86 | 38.21 | 0.0 | -0.18 | 7.29 | 0.0 | 44.07 | 7.17 | 0.0 | 0.0 | 24.38 | 11.12 | -3.33 | 38.85 | 6.7 | 3.74 | -2.7 | 52.21 | -326.89 | 21.68 | 33.09 | -17.91 | 0.09 | -0.74 | 7.73 |
| 23Q2 (15) | 21.21 | 14.4 | -8.54 | 21.85 | -27.24 | -48.25 | 5.07 | 0.0 | 104.44 | 0 | 0 | 0 | 35.41 | 23.72 | 1.61 | 3.02 | 132.31 | -47.02 | 45.81 | 17.98 | -9.88 | 36.85 | 17.44 | 3.9 | 32.83 | -12.96 | -3.92 | 19.54 | -4.59 | -4.78 | 59.89 | 10.68 | 22.93 | 16.4 | -0.67 | 1.23 | 38.21 | -0.18 | -0.18 | 7.29 | 44.07 | 44.07 | 7.17 | 0.0 | 0.0 | 21.94 | 3.69 | 4.48 | 36.41 | 9.04 | 9.57 | -5.65 | -6.0 | -534.83 | 16.29 | 2.91 | -19.0 | 0.09 | 0.21 | 4.97 |
| 23Q1 (14) | 18.54 | -38.89 | -9.47 | 30.03 | 8.41 | -29.49 | 5.07 | 5.85 | 281.2 | 0 | 0 | 0 | 28.62 | 0.14 | -22.98 | 1.3 | -12.75 | -78.76 | 38.83 | 3.0 | -25.76 | 31.38 | 10.11 | -13.31 | 37.72 | 0.48 | 38.52 | 20.48 | 0.49 | -48.59 | 54.11 | -10.32 | -3.17 | 16.51 | -0.6 | 640.36 | 38.28 | 0.0 | 0.0 | 5.06 | 0.0 | 54.27 | 7.17 | 0.0 | 0.0 | 21.16 | -32.11 | 26.63 | 33.39 | -23.06 | 22.94 | -5.33 | 3.62 | -610.67 | 15.83 | -38.26 | -0.81 | 0.09 | 4.94 | 427.64 |
| 22Q4 (13) | 30.34 | 20.83 | -11.13 | 27.7 | -47.03 | -13.95 | 4.79 | 29.46 | 1396.88 | 0 | 0 | 0 | 28.58 | -9.81 | -16.6 | 1.49 | -65.02 | -66.74 | 37.7 | -16.72 | -19.25 | 28.50 | -13.14 | -15.39 | 37.54 | 1.82 | 55.06 | 20.38 | 0.39 | 1.7 | 60.34 | 39.71 | 32.56 | 16.61 | 2.15 | 661.93 | 38.28 | 0.0 | 0.0 | 5.06 | 0.0 | 54.27 | 7.17 | 0.0 | 0.0 | 31.17 | 23.59 | 41.36 | 43.4 | 15.89 | 33.54 | -5.53 | -564.71 | -119.44 | 25.64 | -2.92 | 31.29 | 0.09 | 3.21 | 429.28 |
| 22Q3 (12) | 25.11 | 8.28 | 9.36 | 52.29 | 23.85 | 53.43 | 3.7 | 49.19 | 0 | 0 | 0 | 0 | 31.69 | -9.07 | -14.4 | 4.26 | -25.26 | -31.73 | 45.27 | -10.94 | -12.34 | 32.81 | -7.5 | -14.69 | 36.87 | 7.9 | 92.63 | 20.3 | -1.07 | 2.32 | 43.19 | -11.35 | -26.97 | 16.26 | 0.37 | 610.04 | 38.28 | 0.0 | 15.02 | 5.06 | 0.0 | 54.27 | 7.17 | 0.0 | 0.0 | 25.22 | 20.1 | 30.2 | 37.45 | 12.7 | 25.54 | 1.19 | 233.71 | 133.62 | 26.41 | 31.33 | 66.84 | 0.08 | -3.29 | 366.07 |
| 22Q2 (11) | 23.19 | 13.23 | 17.96 | 42.22 | -0.87 | 51.11 | 2.48 | 86.47 | 1450.0 | 0 | 0 | 0 | 34.85 | -6.22 | -3.28 | 5.7 | -6.86 | 1.24 | 50.83 | -2.81 | 2.31 | 35.47 | -2.01 | -10.79 | 34.17 | 25.49 | 110.28 | 20.52 | -48.49 | 0.74 | 48.72 | -12.81 | -12.88 | 16.2 | 626.46 | 607.42 | 38.28 | 0.0 | 15.02 | 5.06 | 54.27 | 111.72 | 7.17 | 0.0 | 0.0 | 21.0 | 25.67 | 53.17 | 33.23 | 22.35 | 42.74 | -0.89 | -18.67 | 82.24 | 20.11 | 26.0 | 131.15 | 0.09 | 403.74 | 375.09 |
| 22Q1 (10) | 20.48 | -40.01 | 94.86 | 42.59 | 32.31 | 85.25 | 1.33 | 315.62 | 0 | 0 | 0 | 0 | 37.16 | 8.43 | 18.76 | 6.12 | 36.61 | 109.59 | 52.3 | 12.02 | 21.37 | 36.20 | 7.46 | -3.6 | 27.23 | 12.47 | 71.04 | 39.84 | 98.8 | 105.15 | 55.88 | 22.76 | -7.35 | 2.23 | 2.29 | -7.47 | 38.28 | 0.0 | 15.02 | 3.28 | 0.0 | 37.24 | 7.17 | 0.0 | 0.0 | 16.71 | -24.22 | 106.55 | 27.16 | -16.43 | 53.79 | -0.75 | 70.24 | 81.75 | 15.96 | -18.28 | 301.01 | 0.02 | 5.26 | -16.78 |
| 21Q4 (9) | 34.14 | 48.69 | 75.26 | 32.19 | -5.55 | 69.51 | 0.32 | 0 | 0 | 0 | 0 | 0 | 34.27 | -7.43 | 14.54 | 4.48 | -28.21 | 107.41 | 46.69 | -9.59 | 20.65 | 33.68 | -12.42 | -8.75 | 24.21 | 26.49 | 50.0 | 20.04 | 1.01 | 408.63 | 45.52 | -23.03 | -1.98 | 2.18 | -4.8 | -14.17 | 38.28 | 15.02 | 15.02 | 3.28 | 0.0 | 37.24 | 7.17 | 0.0 | 0.0 | 22.05 | 13.84 | 117.03 | 32.5 | 8.95 | 64.81 | -2.52 | 28.81 | 33.86 | 19.53 | 23.37 | 207.56 | 0.02 | -9.11 | -19.16 |
| 21Q3 (8) | 22.96 | 16.79 | 33.41 | 34.08 | 21.98 | 30.18 | 0 | -100.0 | 0 | 0 | 0 | 0 | 37.02 | 2.75 | 33.6 | 6.24 | 10.83 | 122.06 | 51.64 | 3.95 | 42.22 | 38.46 | -3.26 | 4.34 | 19.14 | 17.78 | 10.32 | 19.84 | -2.6 | 401.01 | 59.14 | 5.76 | 48.18 | 2.29 | 0.0 | -24.42 | 33.28 | 0.0 | 0.0 | 3.28 | 37.24 | 37.24 | 7.17 | 0.0 | 0.0 | 19.37 | 41.28 | 140.62 | 29.83 | 28.14 | 69.3 | -3.54 | 29.34 | 47.94 | 15.83 | 81.95 | 1166.4 | 0.02 | -1.42 | -8.78 |
| 21Q2 (7) | 19.66 | 87.06 | 39.04 | 27.94 | 21.53 | 41.47 | 0.16 | 0 | 0.0 | 0 | 0 | 0 | 36.03 | 15.15 | 39.49 | 5.63 | 92.81 | 89.56 | 49.68 | 15.29 | 49.82 | 39.76 | 5.88 | 0 | 16.25 | 2.07 | -8.76 | 20.37 | 4.89 | 396.83 | 55.92 | -7.28 | 50.85 | 2.29 | -4.98 | -24.92 | 33.28 | 0.0 | 0.0 | 2.39 | 0.0 | 0.0 | 7.17 | 0.0 | 0.0 | 13.71 | 69.47 | 160.15 | 23.28 | 31.82 | 56.98 | -5.01 | -21.9 | 28.84 | 8.7 | 118.59 | 591.53 | 0.02 | -11.76 | -7.59 |
| 21Q1 (6) | 10.51 | -46.05 | -27.32 | 22.99 | 21.06 | -4.49 | 0 | 0 | 0 | 0 | 0 | 0 | 31.29 | 4.58 | 46.35 | 2.92 | 35.19 | 183.5 | 43.09 | 11.34 | 32.38 | 37.55 | 1.73 | 0 | 15.92 | -1.36 | -5.29 | 19.42 | 392.89 | 371.36 | 60.31 | 29.87 | 69.46 | 2.41 | -5.12 | -24.45 | 33.28 | 0.0 | 0.0 | 2.39 | 0.0 | 28.49 | 7.17 | 0.0 | 36.57 | 8.09 | -20.37 | 70.32 | 17.66 | -10.45 | 48.9 | -4.11 | -7.87 | 49.13 | 3.98 | -37.32 | 219.52 | 0.02 | 2.25 | 6.81 |
| 20Q4 (5) | 19.48 | 13.19 | 72.08 | 18.99 | -27.46 | -13.49 | 0 | 0 | 0 | 0 | 0 | 0 | 29.92 | 7.98 | 26.89 | 2.16 | -23.13 | 33.33 | 38.7 | 6.58 | 12.83 | 36.91 | 0.14 | 0 | 16.14 | -6.97 | -1.47 | 3.94 | -0.51 | -6.41 | 46.44 | 16.36 | 36.15 | 2.54 | -16.17 | -22.8 | 33.28 | 0.0 | 0.0 | 2.39 | 0.0 | 28.49 | 7.17 | 0.0 | 36.57 | 10.16 | 26.21 | 40.53 | 19.72 | 11.92 | 37.42 | -3.81 | 43.97 | 46.86 | 6.35 | 408.0 | 10483.33 | 0.02 | 2.55 | 3.43 |
| 20Q3 (4) | 17.21 | 21.71 | 0.0 | 26.18 | 32.56 | 0.0 | 0 | -100.0 | 0.0 | 0 | 0 | 0.0 | 27.71 | 7.28 | 0.0 | 2.81 | -5.39 | 0.0 | 36.31 | 9.5 | 0.0 | 36.86 | 0 | 0.0 | 17.35 | -2.58 | 0.0 | 3.96 | -3.41 | 0.0 | 39.91 | 7.66 | 0.0 | 3.03 | -0.66 | 0.0 | 33.28 | 0.0 | 0.0 | 2.39 | 0.0 | 0.0 | 7.17 | 0.0 | 0.0 | 8.05 | 52.75 | 0.0 | 17.62 | 18.81 | 0.0 | -6.8 | 3.41 | 0.0 | 1.25 | 170.62 | 0.0 | 0.02 | -0.13 | 0.0 |
