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) | 83.51 | -16.49 | 8.31 | -36.13 | 7.0 | -88.1 | 0 | 0 | 84.85 | -33.55 | 5.93 | -59.8 | 7.95 | -1.49 | 9.37 | 48.25 | 65.69 | -3.96 | 72.47 | -0.82 | 78.2 | 150.64 | 18.13 | -3.26 | 162.33 | 0.0 | 25.37 | 6.28 | 0 | 0 | 32.81 | -10.23 | 58.18 | -3.72 | 14.11 | 19.17 | 46.92 | -3.04 | 0.01 | -4.13 |
| 2022 (9) | 100.0 | 45.33 | 13.01 | 1.96 | 58.8 | 98.18 | 0 | 0 | 127.69 | 2.05 | 14.75 | -3.91 | 8.07 | 6.32 | 6.32 | 4.18 | 68.4 | -39.59 | 73.07 | -0.38 | 31.2 | -55.27 | 18.74 | -3.2 | 162.33 | 0.0 | 23.87 | 6.9 | 0 | 0 | 36.55 | 16.81 | 60.43 | 12.7 | 11.84 | -32.92 | 48.39 | -1.12 | 0.01 | 78.77 |
| 2021 (8) | 68.81 | 27.26 | 12.76 | -2.97 | 29.67 | 200.0 | 0 | 0 | 125.12 | 4.59 | 15.35 | 93.32 | 7.59 | -28.12 | 6.07 | -31.28 | 113.22 | -32.11 | 73.35 | -1.5 | 69.75 | -42.85 | 19.36 | -3.05 | 162.33 | 0.0 | 22.33 | 3.67 | 0 | 0 | 31.29 | 35.28 | 53.62 | 20.04 | 17.65 | 42.11 | 48.94 | 37.67 | 0.01 | -37.51 |
| 2020 (7) | 54.07 | -4.71 | 13.15 | -33.55 | 9.89 | -78.86 | 0 | 0 | 119.63 | -1.93 | 7.94 | -16.68 | 10.56 | 29.89 | 8.83 | 32.45 | 166.78 | -16.27 | 74.47 | -2.19 | 122.04 | 1.9 | 19.97 | -2.92 | 162.33 | 0.0 | 21.54 | 4.61 | 0 | 0 | 23.13 | -4.78 | 44.67 | -0.45 | 12.42 | 41.78 | 35.55 | 7.56 | 0.01 | -23.46 |
| 2019 (6) | 56.74 | 42.99 | 19.79 | 99.9 | 46.79 | 28.44 | 0 | 0 | 121.99 | 2.9 | 9.53 | -23.94 | 8.13 | -55.21 | 6.66 | -56.47 | 199.18 | -9.29 | 76.14 | -0.14 | 119.77 | -16.24 | 20.57 | -2.88 | 162.33 | 0.0 | 20.59 | 6.46 | 0 | 0 | 24.29 | -8.68 | 44.87 | -2.33 | 8.76 | 11.17 | 33.05 | -4.15 | 0.01 | -4.82 |
| 2018 (5) | 39.68 | -6.02 | 9.9 | 15.12 | 36.43 | -58.07 | 0 | 0 | 118.55 | 7.88 | 12.53 | -2.19 | 18.15 | 125.19 | 15.31 | 108.74 | 219.58 | -0.47 | 76.25 | -0.95 | 142.99 | 66.34 | 21.18 | -2.8 | 162.33 | 0.0 | 19.34 | 7.15 | 0 | 0 | 26.6 | 2.7 | 45.94 | 4.53 | 7.88 | -19.1 | 34.48 | -3.25 | 0.01 | -3.51 |
| 2017 (4) | 42.22 | -9.18 | 8.6 | -62.21 | 86.88 | 161.45 | 0 | 0 | 109.89 | -8.88 | 12.81 | -20.39 | 8.06 | -14.89 | 7.33 | -6.59 | 220.62 | -0.94 | 76.98 | -3.61 | 85.96 | -36.83 | 21.79 | -2.77 | 162.33 | 0.0 | 18.05 | 9.73 | 0 | 0 | 25.9 | -16.48 | 43.95 | -7.4 | 9.74 | -7.94 | 35.64 | -14.31 | 0.01 | -3.37 |
| 2016 (3) | 46.49 | 22.31 | 22.76 | -13.33 | 33.23 | 599.58 | 0 | 0 | 120.6 | -25.14 | 16.09 | -28.11 | 9.47 | -60.95 | 7.85 | -47.84 | 222.71 | 0.27 | 79.86 | -3.64 | 136.08 | -14.45 | 22.41 | -2.69 | 162.33 | 0.0 | 16.45 | 15.76 | 0 | 0 | 31.01 | -11.6 | 47.46 | -3.71 | 10.58 | -24.91 | 41.59 | -15.42 | 0.01 | -1.35 |
| 2015 (2) | 38.01 | 75.48 | 26.26 | -20.57 | 4.75 | -77.5 | 0 | 0 | 161.09 | -17.07 | 22.38 | -6.71 | 24.25 | -59.2 | 15.05 | -50.81 | 222.1 | 6.14 | 82.88 | 0.36 | 159.06 | 16.9 | 23.03 | -2.54 | 162.33 | -2.35 | 14.21 | 20.32 | 0 | 0 | 35.08 | 22.87 | 49.29 | 22.13 | 14.09 | -1.88 | 49.17 | 14.59 | 0.01 | -4.27 |
| 2014 (1) | 21.66 | -0.14 | 33.06 | -19.07 | 21.11 | 601.33 | 0 | 0 | 194.24 | 12.66 | 23.99 | 45.13 | 59.44 | 28.55 | 30.60 | 14.11 | 209.26 | 31.81 | 82.58 | -20.92 | 136.07 | -22.8 | 23.63 | -2.56 | 166.23 | 26.52 | 11.81 | 15.56 | 0 | 0 | 28.55 | 79.9 | 40.36 | 54.7 | 14.36 | -28.2 | 42.91 | 19.63 | 0.01 | -27.77 |
| 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) | 72.29 | -9.92 | -15.61 | 5.84 | -27.99 | -32.17 | 7.85 | 67.02 | -76.43 | 0 | 0 | 0 | 19.62 | -10.16 | 0.31 | 1.09 | 245.33 | 26.74 | 7.09 | -4.06 | 13.08 | 8.78 | -4.13 | 20.81 | 66.32 | -1.0 | -0.51 | 72.77 | 1.21 | 0.39 | 76.5 | -2.92 | 45.02 | 17.66 | -0.9 | -3.39 | 162.33 | 0.0 | 0.0 | 25.95 | 0.0 | 2.29 | 0 | 0 | 0 | 27.99 | 4.05 | -9.12 | 53.94 | 2.06 | -3.97 | 14.25 | 10.38 | 10.21 | 42.24 | 6.1 | -3.41 | 0.01 | -3.04 | -7.6 |
| 24Q2 (19) | 80.25 | -3.67 | -5.14 | 8.11 | -16.48 | 26.52 | 4.7 | -5.05 | -86.05 | 0 | 0 | 0 | 21.84 | 27.87 | 1.72 | -0.75 | -159.06 | -155.15 | 7.39 | -20.79 | -3.52 | 9.16 | -21.16 | 4.37 | 66.99 | 0.04 | -1.27 | 71.9 | -0.77 | -0.8 | 78.8 | 0.0 | 46.2 | 17.82 | -0.83 | -3.36 | 162.33 | 0.0 | 0.0 | 25.95 | 2.29 | 2.29 | 0 | 0 | 0 | 26.9 | -21.09 | -10.15 | 52.85 | -11.1 | -4.45 | 12.91 | 9.41 | -3.8 | 39.81 | -13.25 | -8.19 | 0.01 | -3.91 | -6.69 |
| 24Q1 (18) | 83.31 | -0.24 | -7.21 | 9.71 | 16.85 | 4.3 | 4.95 | -29.29 | -91.65 | 0 | 0 | 0 | 17.08 | -22.99 | -21.07 | 1.27 | -38.65 | -22.56 | 9.33 | 17.36 | 12.82 | 11.62 | 24.02 | 43.42 | 66.96 | 1.93 | -1.62 | 72.46 | -0.01 | -0.96 | 78.8 | 0.77 | 167.57 | 17.97 | -0.88 | -3.34 | 162.33 | 0.0 | 0.0 | 25.37 | 0.0 | 6.28 | 0 | 0 | 0 | 34.09 | 3.9 | -10.74 | 59.45 | 2.18 | -4.22 | 11.8 | -16.37 | -5.52 | 45.89 | -2.2 | -9.45 | 0.01 | -1.16 | -4.4 |
| 23Q4 (17) | 83.51 | -2.51 | -16.49 | 8.31 | -3.48 | -36.13 | 7.0 | -78.98 | -88.1 | 0 | 0 | 0 | 22.18 | 13.39 | -5.9 | 2.07 | 140.7 | -50.48 | 7.95 | 26.79 | -1.49 | 9.37 | 28.87 | 48.24 | 65.69 | -1.46 | -3.96 | 72.47 | -0.03 | -0.82 | 78.2 | 48.25 | 150.64 | 18.13 | -0.82 | -3.26 | 162.33 | 0.0 | 0.0 | 25.37 | 0.0 | 6.28 | 0 | 0 | 0 | 32.81 | 6.53 | -10.23 | 58.18 | 3.58 | -3.72 | 14.11 | 9.13 | 19.17 | 46.92 | 7.29 | -3.04 | 0.01 | 0.33 | -4.13 |
| 23Q3 (16) | 85.66 | 1.25 | 20.84 | 8.61 | 34.32 | -21.8 | 33.3 | -1.19 | 10.63 | 0 | 0 | 0 | 19.56 | -8.9 | -4.96 | 0.86 | -36.76 | -53.01 | 6.27 | -18.15 | -7.79 | 7.27 | -17.18 | 55.84 | 66.66 | -1.75 | -3.73 | 72.49 | 0.01 | -0.79 | 52.75 | -2.13 | -13.24 | 18.28 | -0.87 | -3.28 | 162.33 | 0.0 | 0.0 | 25.37 | 0.0 | 6.28 | 0 | 0 | 0 | 30.8 | 2.87 | -4.5 | 56.17 | 1.55 | 0.07 | 12.93 | -3.65 | -10.64 | 43.73 | 0.85 | -6.4 | 0.01 | -2.08 | -5.4 |
| 23Q2 (15) | 84.6 | -5.77 | 6.21 | 6.41 | -31.15 | -34.99 | 33.7 | -43.17 | 0.3 | 0 | 0 | 0 | 21.47 | -0.79 | -40.82 | 1.36 | -17.07 | -69.09 | 7.66 | -7.38 | 20.44 | 8.78 | 8.34 | 106.4 | 67.85 | -0.31 | -7.56 | 72.48 | -0.93 | -0.49 | 53.9 | 83.02 | -13.16 | 18.44 | -0.81 | -3.25 | 162.33 | 0.0 | 0.0 | 25.37 | 6.28 | 6.28 | 0 | 0 | 0 | 29.94 | -21.6 | -1.61 | 55.31 | -10.89 | 1.86 | 13.42 | 7.45 | -7.96 | 43.36 | -14.44 | -3.67 | 0.01 | -1.55 | -4.04 |
| 23Q1 (14) | 89.78 | -10.22 | 4.83 | 9.31 | -28.44 | -26.46 | 59.3 | 0.85 | 109.02 | 0 | 0 | 0 | 21.64 | -8.19 | -54.2 | 1.64 | -60.77 | -62.3 | 8.27 | 2.48 | 36.92 | 8.10 | 28.19 | 87.85 | 68.06 | -0.5 | -23.11 | 73.16 | 0.12 | -0.25 | 29.45 | -5.61 | -57.01 | 18.59 | -0.8 | -3.23 | 162.33 | 0.0 | 0.0 | 23.87 | 0.0 | 6.9 | 0 | 0 | 0 | 38.19 | 4.49 | 7.0 | 62.07 | 2.71 | 6.98 | 12.49 | 5.49 | -20.85 | 50.68 | 4.73 | -1.53 | 0.01 | -0.87 | -8.79 |
| 22Q4 (13) | 100.0 | 41.06 | 45.33 | 13.01 | 18.17 | 1.96 | 58.8 | 95.35 | 98.18 | 0 | 0 | 0 | 23.57 | 14.53 | -43.41 | 4.18 | 128.42 | 13.9 | 8.07 | 18.68 | 6.32 | 6.32 | 35.48 | 4.18 | 68.4 | -1.21 | -39.59 | 73.07 | 0.0 | -0.38 | 31.2 | -48.68 | -55.27 | 18.74 | -0.85 | -3.2 | 162.33 | 0.0 | 0.0 | 23.87 | 0.0 | 6.9 | 0 | 0 | 0 | 36.55 | 13.33 | 16.81 | 60.43 | 7.66 | 12.7 | 11.84 | -18.18 | -32.92 | 48.39 | 3.57 | -1.12 | 0.01 | -1.01 | 78.77 |
| 22Q3 (12) | 70.89 | -11.0 | 50.89 | 11.01 | 11.66 | -4.18 | 30.1 | -10.42 | 7.35 | 0 | 0 | 0 | 20.58 | -43.27 | -15.52 | 1.83 | -58.41 | 142.66 | 6.8 | 6.92 | 10.93 | 4.67 | 9.69 | -4.21 | 69.24 | -5.67 | -47.75 | 73.07 | 0.32 | -0.54 | 60.8 | -2.05 | -14.21 | 18.9 | -0.84 | -3.13 | 162.33 | 0.0 | 0.0 | 23.87 | 0.0 | 6.9 | 0 | 0 | 0 | 32.25 | 5.98 | 17.1 | 56.13 | 3.37 | 12.55 | 14.47 | -0.75 | 7.26 | 46.72 | 3.8 | 13.87 | 0.01 | -0.67 | 72.71 |
| 22Q2 (11) | 79.65 | -6.99 | 186.41 | 9.86 | -22.12 | 252.14 | 33.6 | 18.43 | 24.95 | 0 | 0 | 0 | 36.28 | -23.22 | 35.47 | 4.4 | 1.15 | -42.48 | 6.36 | 5.3 | -2.45 | 4.25 | -1.39 | -14.8 | 73.4 | -17.08 | -48.3 | 72.84 | -0.68 | -1.07 | 62.07 | -9.39 | -12.17 | 19.06 | -0.78 | -3.1 | 162.33 | 0.0 | 0.0 | 23.87 | 6.9 | 10.82 | 0 | 0 | 0 | 30.43 | -14.74 | -22.17 | 54.3 | -6.41 | -10.46 | 14.58 | -7.6 | -18.04 | 45.01 | -12.55 | -20.88 | 0.01 | -6.43 | 58.93 |
| 22Q1 (10) | 85.64 | 24.46 | 88.26 | 12.66 | -0.78 | 11.05 | 28.37 | -4.38 | 330.5 | 0 | 0 | 0 | 47.25 | 13.45 | 46.19 | 4.35 | 18.53 | -47.72 | 6.04 | -20.42 | -38.05 | 4.31 | -28.91 | -44.42 | 88.52 | -21.82 | -41.74 | 73.34 | -0.01 | -1.32 | 68.5 | -1.79 | -32.23 | 19.21 | -0.77 | -3.08 | 162.33 | 0.0 | 0.0 | 22.33 | 0.0 | 3.67 | 0 | 0 | 0 | 35.69 | 14.06 | 13.45 | 58.02 | 8.21 | 9.49 | 15.78 | -10.59 | 0.51 | 51.47 | 5.17 | 9.14 | 0.01 | 94.29 | 38.25 |
| 21Q4 (9) | 68.81 | 46.47 | 27.26 | 12.76 | 11.05 | -2.97 | 29.67 | 5.81 | 200.0 | 0 | 0 | 0 | 41.65 | 70.98 | -1.77 | 3.67 | 185.55 | -19.69 | 7.59 | 23.82 | -28.12 | 6.07 | 24.56 | -31.27 | 113.22 | -14.56 | -32.11 | 73.35 | -0.16 | -1.5 | 69.75 | -1.58 | -42.85 | 19.36 | -0.77 | -3.05 | 162.33 | 0.0 | 0.0 | 22.33 | 0.0 | 3.67 | 0 | 0 | 0 | 31.29 | 13.62 | 35.28 | 53.62 | 7.52 | 20.04 | 17.65 | 30.84 | 42.11 | 48.94 | 19.28 | 37.67 | 0.01 | -4.36 | -37.51 |
| 21Q3 (8) | 46.98 | 68.93 | -1.24 | 11.49 | 310.36 | -28.68 | 28.04 | 4.28 | 172.23 | 0 | 0 | 0 | 24.36 | -9.04 | -16.35 | -4.29 | -156.08 | -286.52 | 6.13 | -5.98 | -12.68 | 4.87 | -2.43 | -22.7 | 132.51 | -6.67 | -25.54 | 73.47 | -0.22 | -1.76 | 70.87 | 0.28 | -43.46 | 19.51 | -0.81 | -3.03 | 162.33 | 0.0 | 0.0 | 22.33 | 3.67 | 3.67 | 0 | 0 | 0 | 27.54 | -29.57 | 48.14 | 49.87 | -17.76 | 24.27 | 13.49 | -24.17 | 31.1 | 41.03 | -27.88 | 42.07 | 0.01 | -8.59 | -38.63 |
| 21Q2 (7) | 27.81 | -38.87 | -24.8 | 2.8 | -75.44 | -83.9 | 26.89 | 308.04 | 31.94 | 0 | 0 | 0 | 26.78 | -17.14 | 22.84 | 7.65 | -8.05 | 512.0 | 6.52 | -33.13 | -17.57 | 4.99 | -35.68 | 0 | 141.98 | -6.55 | -25.1 | 73.63 | -0.93 | -1.45 | 70.67 | -30.08 | -39.94 | 19.67 | -0.76 | -2.96 | 162.33 | 0.0 | 0.0 | 21.54 | 0.0 | 0.0 | 0 | 0 | 0 | 39.1 | 24.28 | 140.02 | 60.64 | 14.44 | 60.3 | 17.79 | 13.31 | 49.87 | 56.89 | 20.63 | 102.02 | 0.01 | -18.61 | -33.91 |
| 21Q1 (6) | 45.49 | -15.87 | 3.67 | 11.4 | -13.31 | -35.19 | 6.59 | -33.37 | -80.65 | 0 | 0 | 0 | 32.32 | -23.77 | 22.8 | 8.32 | 82.06 | 4722.22 | 9.75 | -7.67 | 9.8 | 7.76 | -12.08 | 0 | 151.93 | -8.9 | -20.79 | 74.32 | -0.2 | -1.52 | 101.07 | -17.18 | -5.26 | 19.82 | -0.75 | -2.94 | 162.33 | 0.0 | 0.0 | 21.54 | 0.0 | 4.61 | 0 | 0 | 0 | 31.46 | 36.01 | 30.54 | 52.99 | 18.63 | 18.57 | 15.7 | 26.41 | 90.53 | 47.16 | 32.66 | 45.83 | 0.01 | -12.18 | -26.96 |
| 20Q4 (5) | 54.07 | 13.66 | -4.71 | 13.15 | -18.37 | -33.55 | 9.89 | -3.98 | -78.86 | 0 | 0 | 0 | 42.4 | 45.6 | 24.05 | 4.57 | 98.7 | 236.03 | 10.56 | 50.43 | 29.89 | 8.83 | 40.09 | 0 | 166.78 | -6.29 | -16.27 | 74.47 | -0.43 | -2.19 | 122.04 | -2.64 | 1.9 | 19.97 | -0.75 | -2.92 | 162.33 | 0.0 | 0.0 | 21.54 | 0.0 | 4.61 | 0 | 0 | 0 | 23.13 | 24.42 | -4.78 | 44.67 | 11.31 | -0.45 | 12.42 | 20.7 | 41.78 | 35.55 | 23.1 | 7.56 | 0.01 | -6.07 | -23.46 |
| 20Q3 (4) | 47.57 | 28.64 | 0.0 | 16.11 | -7.36 | 0.0 | 10.3 | -49.46 | 0.0 | 0 | 0 | 0.0 | 29.12 | 33.58 | 0.0 | 2.3 | 84.0 | 0.0 | 7.02 | -11.25 | 0.0 | 6.30 | 0 | 0.0 | 177.97 | -6.12 | 0.0 | 74.79 | 0.11 | 0.0 | 125.35 | 6.54 | 0.0 | 20.12 | -0.74 | 0.0 | 162.33 | 0.0 | 0.0 | 21.54 | 0.0 | 0.0 | 0 | 0 | 0.0 | 18.59 | 14.12 | 0.0 | 40.13 | 6.08 | 0.0 | 10.29 | -13.31 | 0.0 | 28.88 | 2.56 | 0.0 | 0.01 | -1.57 | 0.0 |
