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) | 23.08 | 9.54 | 27.05 | 2.27 | 6.58 | -28.56 | 0 | 0 | 210.41 | -1.12 | 35.31 | -14.55 | 77.1 | -2.07 | 36.64 | -0.96 | 6.47 | -23.34 | 65.8 | 3.57 | 49.68 | 31.88 | 35.75 | -2.88 | 118.0 | 0.0 | 26.41 | 18.54 | 18.74 | 0.0 | 70.43 | 12.13 | 115.58 | 11.31 | -0.63 | 0 | 69.8 | 12.98 | 0.04 | -5.44 |
| 2022 (9) | 21.07 | -16.32 | 26.45 | 193.89 | 9.21 | 74.76 | 0 | 0 | 212.79 | -2.4 | 41.32 | 45.03 | 78.73 | 10.89 | 37.00 | 13.61 | 8.44 | 29.05 | 63.53 | 50.87 | 37.67 | 26.71 | 36.81 | -2.8 | 118.0 | 0.0 | 22.28 | 14.55 | 18.74 | 0.0 | 62.81 | 37.65 | 103.84 | 23.88 | -1.03 | 0 | 61.78 | 34.54 | 0.05 | -6.43 |
| 2021 (8) | 25.18 | 1.33 | 9.0 | -30.77 | 5.27 | 75.67 | 0 | 0 | 218.02 | 15.49 | 28.49 | 15.2 | 71.0 | -4.89 | 32.57 | -17.65 | 6.54 | -13.15 | 42.11 | -10.75 | 29.73 | -24.14 | 37.87 | -2.27 | 118.0 | 0.0 | 19.45 | 13.94 | 18.74 | 0.0 | 45.63 | 21.94 | 83.82 | 14.46 | 0.29 | 0 | 45.92 | 26.02 | 0.05 | -6.48 |
| 2020 (7) | 24.85 | -32.58 | 13.0 | -55.63 | 3.0 | -11.24 | 0 | 0 | 188.78 | -0.67 | 24.73 | 124.41 | 74.65 | -4.37 | 39.54 | -3.73 | 7.53 | 34.46 | 47.18 | -8.37 | 39.19 | -0.78 | 38.75 | 4.25 | 118.0 | -14.8 | 17.07 | 6.89 | 18.74 | 0.0 | 37.42 | 98.94 | 73.23 | 36.83 | -0.98 | 0 | 36.44 | 92.19 | 0.05 | 4.28 |
| 2019 (6) | 36.86 | 57.86 | 29.3 | -7.42 | 3.38 | -78.55 | 0 | 0 | 190.05 | 1.93 | 11.02 | 113.98 | 78.06 | 6.31 | 41.07 | 4.29 | 5.6 | -27.27 | 51.49 | -31.08 | 39.5 | 25.44 | 37.17 | -8.87 | 138.5 | 0.0 | 15.97 | 3.37 | 18.74 | 0.0 | 18.81 | 59.0 | 53.52 | 16.27 | 0.15 | 0 | 18.96 | 81.61 | 0.05 | -4.7 |
| 2018 (5) | 23.35 | -1.27 | 31.65 | 38.82 | 15.76 | -5.57 | 0 | 0 | 186.45 | 13.59 | 5.15 | -81.68 | 73.43 | 21.07 | 39.38 | 6.58 | 7.7 | 16.14 | 74.71 | 8.23 | 31.49 | 5.14 | 40.79 | 1.64 | 138.5 | 0.0 | 15.45 | 10.91 | 18.74 | 0.0 | 11.83 | -22.32 | 46.03 | -3.9 | -1.39 | 0 | 10.44 | -26.06 | 0.05 | -21.64 |
| 2017 (4) | 23.65 | -43.15 | 22.8 | -60.28 | 16.69 | -88.04 | 0 | 0 | 164.14 | -36.87 | 28.11 | 0 | 60.65 | -8.95 | 36.95 | 44.22 | 6.63 | -30.72 | 69.03 | -17.89 | 29.95 | -43.43 | 40.13 | 5.52 | 138.5 | -3.01 | 13.93 | 0.0 | 18.74 | -20.36 | 15.23 | 0 | 47.9 | 138.07 | -1.11 | 0 | 14.12 | 0 | 0.07 | -4.93 |
| 2016 (3) | 41.6 | -31.86 | 57.4 | 11.33 | 139.53 | 332.38 | 0 | 0 | 259.99 | -9.88 | -46.9 | 0 | 66.61 | -5.98 | 25.62 | 4.32 | 9.57 | -38.3 | 84.07 | 6.84 | 52.94 | -64.56 | 38.03 | 149.7 | 142.8 | -2.72 | 13.93 | 0.14 | 23.53 | 0.0 | -17.34 | 0 | 20.12 | -70.41 | 1.04 | -77.44 | -16.3 | 0 | 0.07 | -60.67 |
| 2015 (2) | 61.05 | -24.68 | 51.56 | 15.66 | 32.27 | 334.32 | 0 | 0 | 288.48 | -17.76 | 0.19 | -97.65 | 70.85 | -12.94 | 24.56 | 5.86 | 15.51 | -0.26 | 78.69 | 0.47 | 149.36 | -6.74 | 15.23 | 0.07 | 146.8 | -3.38 | 13.91 | 6.18 | 23.53 | 0.0 | 30.55 | -20.46 | 68.0 | -9.38 | 4.61 | -28.19 | 35.16 | -21.57 | 0.18 | -5.27 |
| 2014 (1) | 81.05 | 34.7 | 44.58 | 12.43 | 7.43 | -50.83 | 0 | 0 | 350.78 | 10.89 | 8.08 | -13.21 | 81.38 | 7.66 | 23.20 | -2.92 | 15.55 | -13.18 | 78.32 | 4.01 | 160.15 | 27.57 | 15.22 | -14.49 | 151.93 | 0.0 | 13.1 | 7.64 | 23.53 | -8.48 | 38.41 | 30.34 | 75.04 | 11.42 | 6.42 | 15.68 | 44.83 | 28.01 | 0.19 | 14.84 |
| 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) | 29.09 | -24.13 | 55.89 | 29.0 | -18.31 | 10.9 | 5.98 | -38.22 | -18.97 | 0 | 0 | 0 | 53.68 | -2.47 | 4.54 | 8.6 | -56.03 | 15.28 | 74.25 | -6.88 | 4.45 | 34.20 | -7.88 | 1.62 | 4.86 | -20.33 | -51.16 | 62.36 | 0.32 | -1.48 | 63.8 | 49.73 | 28.65 | 34.97 | -0.71 | -2.92 | 118.0 | 0.0 | 0.0 | 29.94 | 0.0 | 13.37 | 18.29 | 0.0 | -2.4 | 79.86 | 12.13 | 36.35 | 128.09 | 7.23 | 23.5 | 1.55 | 93.75 | 32.48 | 81.41 | 13.04 | 36.27 | 0.04 | -5.82 | -6.28 |
| 24Q2 (19) | 38.34 | 46.45 | 105.25 | 35.5 | 69.05 | 168.94 | 9.68 | -43.88 | 98.36 | 0 | 0 | 0 | 55.04 | 6.89 | 6.11 | 19.56 | 136.8 | 159.07 | 79.74 | 2.9 | 12.2 | 37.13 | 1.38 | 11.75 | 6.1 | -3.94 | -34.2 | 62.16 | -5.52 | -1.71 | 42.61 | -4.29 | -26.01 | 35.22 | -0.73 | -2.89 | 118.0 | 0.0 | 0.0 | 29.94 | 13.37 | 13.37 | 18.29 | -2.4 | -2.4 | 71.22 | -10.39 | 39.37 | 119.45 | -4.16 | 24.1 | 0.8 | 229.03 | -37.5 | 72.02 | -8.67 | 37.5 | 0.04 | -2.25 | -2.11 |
| 24Q1 (18) | 26.18 | 13.43 | 25.38 | 21.0 | -22.37 | 48.94 | 17.25 | 162.16 | 56.96 | 0 | 0 | 0 | 51.49 | -9.48 | 2.37 | 8.26 | -30.12 | -2.48 | 77.49 | 0.51 | 17.55 | 36.62 | -0.06 | 19.2 | 6.35 | -1.85 | -28.41 | 65.79 | -0.02 | 3.62 | 44.52 | -10.39 | -7.54 | 35.48 | -0.76 | -2.87 | 118.0 | 0.0 | 0.0 | 26.41 | 0.0 | 18.54 | 18.74 | 0.0 | 0.0 | 79.48 | 12.85 | 11.49 | 124.63 | 7.83 | 10.97 | -0.62 | 1.59 | -188.57 | 78.86 | 12.98 | 9.54 | 0.05 | 4.37 | 0.46 |
| 23Q4 (17) | 23.08 | 23.69 | 9.54 | 27.05 | 3.44 | 2.27 | 6.58 | -10.84 | -28.56 | 0 | 0 | 0 | 56.88 | 10.77 | -1.42 | 11.82 | 58.45 | 74.85 | 77.1 | 8.45 | -2.07 | 36.64 | 8.88 | -0.96 | 6.47 | -34.97 | -23.34 | 65.8 | 3.95 | 3.57 | 49.68 | 0.18 | 31.88 | 35.75 | -0.75 | -2.88 | 118.0 | 0.0 | 0.0 | 26.41 | 0.0 | 18.54 | 18.74 | 0.0 | 0.0 | 70.43 | 20.25 | 12.13 | 115.58 | 11.43 | 11.31 | -0.63 | -153.85 | 38.83 | 69.8 | 16.84 | 12.98 | 0.04 | -2.47 | -5.44 |
| 23Q3 (16) | 18.66 | -0.11 | -8.21 | 26.15 | 98.11 | -26.79 | 7.38 | 51.23 | 147.65 | 0 | 0 | 0 | 51.35 | -1.0 | -4.96 | 7.46 | -1.19 | 11.34 | 71.09 | 0.03 | 7.29 | 33.66 | 1.3 | 8.99 | 9.95 | 7.34 | 16.37 | 63.3 | 0.09 | -0.66 | 49.59 | -13.89 | 73.94 | 36.02 | -0.69 | -2.86 | 118.0 | 0.0 | 0.0 | 26.41 | 0.0 | 18.54 | 18.74 | 0.0 | 0.0 | 58.57 | 14.62 | 4.51 | 103.72 | 7.76 | 6.86 | 1.17 | -8.59 | -29.09 | 59.74 | 14.05 | 3.55 | 0.04 | -1.63 | -2.71 |
| 23Q2 (15) | 18.68 | -10.54 | -18.57 | 13.2 | -6.38 | -28.65 | 4.88 | -55.6 | 360.38 | 0 | 0 | 0 | 51.87 | 3.12 | -1.26 | 7.55 | -10.86 | 7.4 | 71.07 | 7.81 | 5.09 | 33.23 | 8.15 | 4.79 | 9.27 | 4.51 | 30.01 | 63.24 | -0.39 | -0.86 | 57.59 | 19.61 | 156.75 | 36.27 | -0.71 | -2.89 | 118.0 | 0.0 | 0.0 | 26.41 | 18.54 | 18.54 | 18.74 | 0.0 | 0.0 | 51.1 | -28.32 | 3.59 | 96.25 | -14.3 | 6.52 | 1.28 | 82.86 | 113.33 | 52.38 | -27.24 | 4.91 | 0.05 | 0.32 | -2.1 |
| 23Q1 (14) | 20.88 | -0.9 | -5.22 | 14.1 | -46.69 | 252.5 | 10.99 | 19.33 | 1935.19 | 0 | 0 | 0 | 50.3 | -12.82 | 3.65 | 8.47 | 25.3 | -59.36 | 65.92 | -16.27 | -1.18 | 30.72 | -16.96 | -0.7 | 8.87 | 5.09 | 51.11 | 63.49 | -0.06 | 47.96 | 48.15 | 27.82 | 109.9 | 36.53 | -0.76 | -2.9 | 118.0 | 0.0 | 0.0 | 22.28 | 0.0 | 14.55 | 18.74 | 0.0 | 0.0 | 71.29 | 13.5 | 7.27 | 112.31 | 8.16 | 7.31 | 0.7 | 167.96 | -76.35 | 71.99 | 16.53 | 3.7 | 0.05 | -1.75 | -0.42 |
| 22Q4 (13) | 21.07 | 3.64 | -16.32 | 26.45 | -25.95 | 193.89 | 9.21 | 209.06 | 74.76 | 0 | 0 | 0 | 57.7 | 6.79 | -2.98 | 6.76 | 0.9 | -14.1 | 78.73 | 18.82 | 10.89 | 37.00 | 19.81 | 13.61 | 8.44 | -1.29 | 29.05 | 63.53 | -0.3 | 50.87 | 37.67 | 32.13 | 26.71 | 36.81 | -0.73 | -2.8 | 118.0 | 0.0 | 0.0 | 22.28 | 0.0 | 14.55 | 18.74 | 0.0 | 0.0 | 62.81 | 12.08 | 37.65 | 103.84 | 6.99 | 23.88 | -1.03 | -162.42 | -455.17 | 61.78 | 7.09 | 34.54 | 0.05 | 0.35 | -6.43 |
| 22Q3 (12) | 20.33 | -11.38 | -14.0 | 35.72 | 93.08 | 185.76 | 2.98 | 181.13 | 10.37 | 0 | 0 | 0 | 54.03 | 2.86 | 2.39 | 6.7 | -4.69 | -12.07 | 66.26 | -2.03 | 1.88 | 30.88 | -2.6 | 2.22 | 8.55 | 19.92 | 7.68 | 63.72 | -0.11 | 34.15 | 28.51 | 27.11 | -11.71 | 37.08 | -0.72 | -2.7 | 118.0 | 0.0 | 0.0 | 22.28 | 0.0 | 14.55 | 18.74 | 0.0 | 0.0 | 56.04 | 13.6 | 47.71 | 97.06 | 7.41 | 27.48 | 1.65 | 175.0 | 0 | 57.69 | 15.54 | 52.06 | 0.05 | -1.02 | -8.26 |
| 22Q2 (11) | 22.94 | 4.13 | -5.17 | 18.5 | 362.5 | 50.41 | 1.06 | 96.3 | -69.71 | 0 | 0 | 0 | 52.53 | 8.24 | -4.23 | 7.03 | -66.27 | -8.7 | 67.63 | 1.38 | 1.9 | 31.71 | 2.48 | 0.13 | 7.13 | 21.47 | -13.99 | 63.79 | 48.66 | 34.72 | 22.43 | -2.22 | -28.77 | 37.35 | -0.72 | -2.68 | 118.0 | 0.0 | 0.0 | 22.28 | 14.55 | 30.52 | 18.74 | 0.0 | 0.0 | 49.33 | -25.77 | -2.14 | 90.36 | -13.66 | 4.8 | 0.6 | -79.73 | 400.0 | 49.93 | -28.08 | -1.19 | 0.05 | 2.04 | -7.63 |
| 22Q1 (10) | 22.03 | -12.51 | -22.89 | 4.0 | -55.56 | -76.47 | 0.54 | -89.75 | -82.0 | 0 | 0 | 0 | 48.53 | -18.4 | -4.71 | 20.84 | 164.8 | 293.21 | 66.71 | -6.04 | -6.13 | 30.94 | -5.0 | -12.78 | 5.87 | -10.24 | -29.78 | 42.91 | 1.9 | -8.95 | 22.94 | -22.84 | -30.9 | 37.62 | -0.66 | -2.56 | 118.0 | 0.0 | 0.0 | 19.45 | 0.0 | 13.94 | 18.74 | 0.0 | 0.0 | 66.46 | 45.65 | 55.53 | 104.66 | 24.86 | 33.26 | 2.96 | 920.69 | 2566.67 | 69.42 | 51.18 | 62.92 | 0.05 | -7.68 | -13.35 |
| 21Q4 (9) | 25.18 | 6.51 | 1.33 | 9.0 | -28.0 | -30.77 | 5.27 | 95.19 | 75.67 | 0 | 0 | 0 | 59.47 | 12.7 | 4.81 | 7.87 | 3.28 | 9.31 | 71.0 | 9.16 | -4.89 | 32.57 | 7.8 | -17.65 | 6.54 | -17.63 | -13.15 | 42.11 | -11.35 | -10.75 | 29.73 | -7.93 | -24.14 | 37.87 | -0.63 | -2.27 | 118.0 | 0.0 | 0.0 | 19.45 | 0.0 | 13.94 | 18.74 | 0.0 | 0.0 | 45.63 | 20.27 | 21.94 | 83.82 | 10.09 | 14.46 | 0.29 | 0 | 129.59 | 45.92 | 21.03 | 26.02 | 0.05 | -1.61 | -6.48 |
| 21Q3 (8) | 23.64 | -2.27 | -18.45 | 12.5 | 1.63 | 37.36 | 2.7 | -22.86 | 8.0 | 0 | 0 | 0 | 52.77 | -3.79 | 12.11 | 7.62 | -1.04 | 5.69 | 65.04 | -2.0 | -7.01 | 30.21 | -4.6 | -20.63 | 7.94 | -4.22 | 33.9 | 47.5 | 0.32 | 1.76 | 32.29 | 2.54 | -18.64 | 38.11 | -0.7 | -2.23 | 118.0 | 0.0 | 0.0 | 19.45 | 13.94 | 13.94 | 18.74 | 0.0 | 0.0 | 37.94 | -24.74 | 24.93 | 76.14 | -11.69 | 15.05 | 0 | -100.0 | 100.0 | 37.94 | -24.92 | 32.52 | 0.05 | -0.34 | -3.07 |
| 21Q2 (7) | 24.19 | -15.33 | -47.28 | 12.3 | -27.65 | -64.86 | 3.5 | 16.67 | 40.0 | 0 | 0 | 0 | 54.85 | 7.7 | 20.26 | 7.7 | 45.28 | 0.79 | 66.37 | -6.61 | 0.29 | 31.67 | -10.73 | 0 | 8.29 | -0.84 | 35.46 | 47.35 | 0.47 | -29.01 | 31.49 | -5.15 | -20.66 | 38.38 | -0.6 | 4.46 | 118.0 | 0.0 | -14.42 | 17.07 | 0.0 | 0.0 | 18.74 | 0.0 | 0.0 | 50.41 | 17.97 | 114.88 | 86.22 | 9.78 | 45.47 | 0.12 | 200.0 | 106.86 | 50.53 | 18.59 | 132.75 | 0.05 | -4.27 | 5.08 |
| 21Q1 (6) | 28.57 | 14.97 | 0.35 | 17.0 | 30.77 | -26.09 | 3.0 | 0.0 | -11.24 | 0 | 0 | 0 | 50.93 | -10.24 | 29.43 | 5.3 | -26.39 | 97.76 | 71.07 | -4.8 | -0.7 | 35.47 | -10.3 | 0 | 8.36 | 11.02 | 36.38 | 47.13 | -0.11 | -32.76 | 33.2 | -15.28 | -15.95 | 38.61 | -0.36 | 4.41 | 118.0 | 0.0 | -14.8 | 17.07 | 0.0 | 6.89 | 18.74 | 0.0 | 0.0 | 42.73 | 14.19 | 102.03 | 78.54 | 7.25 | 40.6 | -0.12 | 87.76 | 90.77 | 42.61 | 16.93 | 114.66 | 0.05 | -0.37 | 3.0 |
| 20Q4 (5) | 24.85 | -14.28 | -32.58 | 13.0 | 42.86 | -55.63 | 3.0 | 20.0 | -11.24 | 0 | 0 | 0 | 56.74 | 20.54 | 9.71 | 7.2 | -0.14 | 34.33 | 74.65 | 6.73 | -4.37 | 39.55 | 3.9 | 0 | 7.53 | 26.98 | 34.46 | 47.18 | 1.07 | -32.86 | 39.19 | -1.26 | -0.78 | 38.75 | -0.59 | 4.25 | 118.0 | 0.0 | -14.8 | 17.07 | 0.0 | 6.89 | 18.74 | 0.0 | 0.0 | 37.42 | 23.21 | 98.94 | 73.23 | 10.65 | 36.83 | -0.98 | 43.68 | -753.33 | 36.44 | 27.28 | 92.19 | 0.05 | 1.98 | 4.28 |
| 20Q3 (4) | 28.99 | -36.81 | 0.0 | 9.1 | -74.0 | 0.0 | 2.5 | 0.0 | 0.0 | 0 | 0 | 0.0 | 47.07 | 3.2 | 0.0 | 7.21 | -5.63 | 0.0 | 69.94 | 5.68 | 0.0 | 38.06 | 0 | 0.0 | 5.93 | -3.1 | 0.0 | 46.68 | -30.01 | 0.0 | 39.69 | 0.0 | 0.0 | 38.98 | 6.1 | 0.0 | 118.0 | -14.42 | 0.0 | 17.07 | 0.0 | 0.0 | 18.74 | 0.0 | 0.0 | 30.37 | 29.45 | 0.0 | 66.18 | 11.66 | 0.0 | -1.74 | 0.57 | 0.0 | 28.63 | 31.87 | 0.0 | 0.05 | 8.04 | 0.0 |
