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) | 36.35 | -13.25 | 58.92 | 24.99 | 6.31 | 1007.02 | 0.22 | 0 | 189.59 | 25.61 | 6.25 | -23.87 | 41.42 | 53.46 | 21.85 | 22.17 | 254.37 | 27.52 | 26.07 | -3.62 | 99.71 | 73.59 | 0 | 0 | 153.09 | 0.0 | 12.01 | 7.52 | 24.76 | 0.0 | 40.64 | -1.0 | 77.41 | 0.56 | -6.86 | 0 | 33.78 | -6.89 | 0.04 | 1048.72 |
| 2022 (9) | 41.9 | 39.9 | 47.14 | 54.81 | 0.57 | -92.37 | 0 | 0 | 150.93 | -12.23 | 8.21 | -69.33 | 26.99 | 13.21 | 17.88 | 29.0 | 199.48 | -6.04 | 27.05 | 1.39 | 57.44 | 8.11 | 0 | 0 | 153.09 | 0.0 | 11.17 | 36.05 | 24.76 | 0.0 | 41.05 | -6.26 | 76.98 | 0.29 | -4.77 | 0 | 36.28 | -12.68 | 0.00 | -22.8 |
| 2021 (8) | 29.95 | 22.34 | 30.45 | 19.88 | 7.47 | -33.95 | 0.22 | 4.76 | 171.97 | 27.66 | 26.77 | 332.47 | 23.84 | 78.04 | 13.86 | 39.47 | 212.3 | -1.25 | 26.68 | -4.44 | 53.13 | 47.3 | 0 | 0 | 153.09 | 0.0 | 8.21 | 8.03 | 24.76 | -11.22 | 43.79 | 137.99 | 76.76 | 42.46 | -2.24 | 0 | 41.55 | 201.74 | 0.00 | -23.33 |
| 2020 (7) | 24.48 | -8.49 | 25.4 | -25.54 | 11.31 | -34.21 | 0.21 | 0 | 134.71 | 6.99 | 6.19 | 97.76 | 13.39 | -17.35 | 9.94 | -22.75 | 214.99 | 0.04 | 27.92 | -3.86 | 36.07 | -18.94 | 0 | 0 | 153.09 | 0.0 | 7.6 | 4.4 | 27.89 | 0.0 | 18.4 | 17.65 | 53.88 | 6.04 | -4.63 | 0 | 13.77 | 37.98 | 0.01 | -16.59 |
| 2019 (6) | 26.75 | 156.96 | 34.11 | -4.45 | 17.19 | 243.11 | 0 | 0 | 125.91 | 13.82 | 3.13 | -13.77 | 16.2 | -8.32 | 12.87 | -19.45 | 214.91 | 21.27 | 29.04 | -20.26 | 44.5 | 16.71 | 0.44 | -56.86 | 153.09 | 0.0 | 7.28 | 5.2 | 27.89 | -0.43 | 15.64 | 1.49 | 50.81 | 0.93 | -5.66 | 0 | 9.98 | 1.63 | 0.01 | -9.43 |
| 2018 (5) | 10.41 | -45.47 | 35.7 | 26.1 | 5.01 | -48.83 | 2.17 | 4.83 | 110.62 | 13.09 | 3.63 | 37.5 | 17.67 | -35.25 | 15.97 | -42.74 | 177.21 | 3.67 | 36.42 | -7.21 | 38.13 | 52.83 | 1.02 | -11.3 | 153.09 | 0.0 | 6.92 | 3.9 | 28.01 | -0.46 | 15.41 | 5.91 | 50.34 | 2.01 | -5.59 | 0 | 9.82 | -1.21 | 0.01 | -19.41 |
| 2017 (4) | 19.09 | 19.76 | 28.31 | -8.02 | 9.79 | -30.47 | 2.07 | 0 | 97.82 | 2.93 | 2.64 | -1.12 | 27.29 | -0.55 | 27.90 | -3.37 | 170.94 | -1.7 | 39.25 | -3.99 | 24.95 | -12.3 | 1.15 | 0.0 | 153.09 | 0.0 | 6.66 | 4.23 | 28.14 | -0.46 | 14.55 | -3.39 | 49.35 | -0.74 | -4.61 | 0 | 9.94 | 27.44 | 0.01 | 4.21 |
| 2016 (3) | 15.94 | -22.85 | 30.78 | 219.96 | 14.08 | 333.23 | 0 | 0 | 95.04 | -39.4 | 2.67 | -48.95 | 27.44 | -26.89 | 28.87 | 20.64 | 173.9 | 2.77 | 40.88 | -1.71 | 28.45 | -20.31 | 1.15 | 0.0 | 153.09 | 0.0 | 6.39 | 8.86 | 28.27 | -0.46 | 15.06 | -5.1 | 49.72 | -0.84 | -7.26 | 0 | 7.8 | -12.46 | 0.01 | 1.59 |
| 2015 (2) | 20.66 | -16.73 | 9.62 | -12.55 | 3.25 | -30.56 | 0 | 0 | 156.82 | 12.83 | 5.23 | 1.16 | 37.53 | 10.32 | 23.93 | -2.23 | 169.21 | 5.69 | 41.59 | -0.29 | 35.7 | -27.53 | 1.15 | 0.0 | 153.09 | 0.39 | 5.87 | 9.72 | 28.4 | -0.46 | 15.87 | 15.92 | 50.14 | 5.4 | -6.96 | 0 | 8.91 | -8.43 | 0.01 | 1.85 |
| 2014 (1) | 24.81 | 60.27 | 11.0 | -75.62 | 4.68 | 52.44 | 0 | 0 | 138.99 | -2.76 | 5.17 | 102.75 | 34.02 | -37.47 | 24.48 | -35.7 | 160.1 | 11.37 | 41.71 | -3.25 | 49.26 | 192.0 | 1.15 | 0 | 152.5 | 0.0 | 5.35 | 4.9 | 28.53 | -0.45 | 13.69 | 24.45 | 47.57 | 6.3 | -3.96 | 0 | 9.73 | 46.1 | 0.01 | 5.26 |
| 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) | 24.41 | 14.87 | 0.87 | 56.89 | 6.76 | -8.2 | 19.95 | -19.85 | 2922.73 | 0 | -100.0 | -100.0 | 63.59 | 22.12 | 27.56 | 2.47 | 64.67 | 62.5 | 62.29 | 18.53 | 17.06 | 28.79 | 11.01 | -0.87 | 287.57 | 4.8 | 20.92 | 25.12 | -4.49 | -6.76 | 121.46 | 16.86 | 55.84 | 0 | 0 | 0 | 153.09 | 0.0 | 0.0 | 12.86 | 0.0 | 7.08 | 24.76 | 0.0 | 0.0 | 36.91 | 7.17 | -4.65 | 74.52 | 3.43 | -1.27 | -5.19 | -58.23 | 32.07 | 31.72 | 1.8 | 2.09 | 0.03 | 0.84 | 608.1 |
| 24Q2 (19) | 21.25 | -25.75 | -38.3 | 53.29 | -1.26 | 8.58 | 24.89 | 177.79 | 3507.25 | 0.22 | 0.0 | 0 | 52.07 | 5.81 | 7.43 | 1.5 | 36.36 | -10.71 | 52.55 | 17.54 | 19.43 | 25.94 | 15.45 | 2.62 | 274.41 | 5.85 | 22.8 | 26.3 | -0.11 | -0.83 | 103.94 | -9.2 | 47.22 | 0 | 0 | 0 | 153.09 | 0.0 | 0.0 | 12.86 | 7.08 | 7.08 | 24.76 | 0.0 | 0.0 | 34.44 | -17.49 | -7.39 | 72.05 | -8.23 | -2.58 | -3.28 | 49.92 | 53.74 | 31.16 | -11.45 | 3.52 | 0.03 | 1.01 | 599.11 |
| 24Q1 (18) | 28.62 | -21.27 | -12.24 | 53.97 | -8.4 | 8.31 | 8.96 | 42.0 | 1063.64 | 0.22 | 0.0 | 0 | 49.21 | -4.39 | 23.64 | 1.1 | -45.0 | 4.76 | 44.71 | 7.94 | 12.85 | 22.47 | 2.84 | -12.72 | 259.25 | 1.92 | 22.45 | 26.33 | 1.0 | -2.41 | 114.47 | 14.8 | 92.03 | 0 | 0 | 0 | 153.09 | 0.0 | 0.0 | 12.01 | 0.0 | 7.52 | 24.76 | 0.0 | 0.0 | 41.74 | 2.71 | -0.86 | 78.51 | 1.42 | 0.62 | -6.55 | 4.52 | -32.86 | 35.19 | 4.17 | -5.33 | 0.03 | -4.61 | 1159.8 |
| 23Q4 (17) | 36.35 | 50.21 | -13.25 | 58.92 | -4.92 | 24.99 | 6.31 | 856.06 | 1007.02 | 0.22 | -78.0 | 0 | 51.47 | 3.25 | 14.2 | 2.0 | 31.58 | -13.79 | 41.42 | -22.16 | 53.46 | 21.85 | -24.79 | 22.18 | 254.37 | 6.96 | 27.52 | 26.07 | -3.23 | -3.62 | 99.71 | 27.93 | 73.59 | 0 | 0 | 0 | 153.09 | 0.0 | 0.0 | 12.01 | 0.0 | 7.52 | 24.76 | 0.0 | 0.0 | 40.64 | 4.99 | -1.0 | 77.41 | 2.56 | 0.56 | -6.86 | 10.21 | -43.82 | 33.78 | 8.72 | -6.89 | 0.04 | 628.73 | 1048.72 |
| 23Q3 (16) | 24.2 | -29.73 | -34.15 | 61.97 | 26.26 | 88.02 | 0.66 | -4.35 | -88.66 | 1.0 | 0 | 0 | 49.85 | 2.85 | 22.36 | 1.52 | -9.52 | 50.5 | 53.21 | 20.93 | 56.59 | 29.05 | 14.92 | 31.41 | 237.81 | 6.42 | 20.83 | 26.94 | 1.58 | -5.54 | 77.94 | 10.4 | 44.87 | 0 | 0 | 0 | 153.09 | 0.0 | 0.0 | 12.01 | 0.0 | 7.52 | 24.76 | 0.0 | 0.0 | 38.71 | 4.09 | 0.28 | 75.48 | 2.06 | 1.27 | -7.64 | -7.76 | -49.51 | 31.07 | 3.22 | -7.23 | 0.00 | -0.44 | 41.76 |
| 23Q2 (15) | 34.44 | 5.61 | 48.32 | 49.08 | -1.51 | 59.4 | 0.69 | -10.39 | -90.57 | 0 | 0 | -100.0 | 48.47 | 21.78 | 71.21 | 1.68 | 60.0 | 211.11 | 44.0 | 11.06 | 55.7 | 25.28 | -1.81 | 42.95 | 223.46 | 5.55 | -0.15 | 26.52 | -1.7 | -5.66 | 70.6 | 18.44 | 39.61 | 0 | 0 | 0 | 153.09 | 0.0 | 0.0 | 12.01 | 7.52 | 7.52 | 24.76 | 0.0 | 0.0 | 37.19 | -11.66 | -1.06 | 73.96 | -5.22 | 0.6 | -7.09 | -43.81 | -3.65 | 30.1 | -19.02 | -2.11 | 0.00 | 82.02 | 33.8 |
| 23Q1 (14) | 32.61 | -22.17 | 0.22 | 49.83 | 5.71 | 173.79 | 0.77 | 35.09 | -89.44 | 0 | 0 | -100.0 | 39.8 | -11.69 | 8.09 | 1.05 | -54.74 | -75.86 | 39.62 | 46.8 | 33.27 | 25.74 | 43.95 | 47.5 | 211.72 | 6.14 | -1.77 | 26.98 | -0.26 | -2.88 | 59.61 | 3.78 | 15.39 | 0 | 0 | 0 | 153.09 | 0.0 | 0.0 | 11.17 | 0.0 | 36.05 | 24.76 | 0.0 | 0.0 | 42.1 | 2.56 | -12.55 | 78.03 | 1.36 | -3.8 | -4.93 | -3.35 | -830.19 | 37.17 | 2.45 | -21.93 | 0.00 | -13.02 | -24.62 |
| 22Q4 (13) | 41.9 | 14.01 | 39.9 | 47.14 | 43.02 | 54.81 | 0.57 | -90.21 | -92.37 | 0 | 0 | -100.0 | 45.07 | 10.63 | -5.83 | 2.32 | 129.7 | -90.26 | 26.99 | -20.57 | 13.21 | 17.88 | -19.1 | 28.99 | 199.48 | 1.36 | -6.04 | 27.05 | -5.15 | 1.39 | 57.44 | 6.77 | 8.11 | 0 | 0 | 0 | 153.09 | 0.0 | 0.0 | 11.17 | 0.0 | 36.05 | 24.76 | 0.0 | 0.0 | 41.05 | 6.35 | -6.26 | 76.98 | 3.29 | 0.29 | -4.77 | 6.65 | -112.95 | 36.28 | 8.33 | -12.68 | 0.00 | -10.07 | -22.8 |
| 22Q3 (12) | 36.75 | 58.27 | 95.37 | 32.96 | 7.05 | 8.07 | 5.82 | -20.49 | 158.67 | 0 | -100.0 | -100.0 | 40.74 | 43.91 | -13.02 | 1.01 | 87.04 | -26.81 | 33.98 | 20.24 | 15.58 | 22.10 | 25.01 | 21.74 | 196.81 | -12.06 | -8.21 | 28.52 | 1.46 | -3.26 | 53.8 | 6.39 | -5.36 | 0 | 0 | 0 | 153.09 | 0.0 | 0.0 | 11.17 | 0.0 | 36.05 | 24.76 | 0.0 | -11.22 | 38.6 | 2.69 | 129.08 | 74.53 | 1.37 | 40.76 | -5.11 | 25.29 | -25.86 | 33.49 | 8.91 | 161.85 | 0.00 | -6.03 | -26.89 |
| 22Q2 (11) | 23.22 | -28.64 | 30.74 | 30.79 | 69.18 | 26.81 | 7.32 | 0.41 | 238.89 | 0.22 | 0.0 | 4.76 | 28.31 | -23.11 | -27.11 | 0.54 | -87.59 | -22.86 | 28.26 | -4.94 | 7.86 | 17.68 | 1.32 | 0.75 | 223.8 | 3.83 | 4.82 | 28.11 | 1.19 | -5.42 | 50.57 | -2.11 | -6.8 | 0 | 0 | 0 | 153.09 | 0.0 | 0.0 | 11.17 | 36.05 | 46.97 | 24.76 | 0.0 | -11.22 | 37.59 | -21.92 | 88.23 | 73.52 | -9.36 | 32.59 | -6.84 | -1190.57 | -100.59 | 30.75 | -35.41 | 85.69 | 0.00 | 2.55 | -24.11 |
| 22Q1 (10) | 32.54 | 8.65 | 119.27 | 18.2 | -40.23 | -34.49 | 7.29 | -2.41 | -78.23 | 0.22 | 0.0 | 4.76 | 36.82 | -23.07 | -4.19 | 4.35 | -81.74 | 400.0 | 29.73 | 24.71 | 55.74 | 17.45 | 25.88 | 32.1 | 215.54 | 1.53 | 1.21 | 27.78 | 4.12 | -6.81 | 51.66 | -2.77 | 497.23 | 0 | 0 | 0 | 153.09 | 0.0 | 0.0 | 8.21 | 0.0 | 8.03 | 24.76 | 0.0 | -11.22 | 48.14 | 9.93 | 149.82 | 81.11 | 5.67 | 48.15 | -0.53 | 76.34 | 89.81 | 47.61 | 14.58 | 238.38 | 0.00 | -10.92 | -29.66 |
| 21Q4 (9) | 29.95 | 59.22 | 22.34 | 30.45 | -0.16 | 19.88 | 7.47 | 232.0 | -33.95 | 0.22 | 0.0 | 4.76 | 47.86 | 2.18 | 26.58 | 23.82 | 1626.09 | 1018.31 | 23.84 | -18.91 | 78.04 | 13.86 | -23.65 | 39.47 | 212.3 | -0.99 | -1.25 | 26.68 | -9.5 | -4.44 | 53.13 | -6.54 | 47.3 | 0 | 0 | 0 | 153.09 | 0.0 | 0.0 | 8.21 | 0.0 | 8.03 | 24.76 | -11.22 | -11.22 | 43.79 | 159.88 | 137.99 | 76.76 | 44.97 | 42.46 | -2.24 | 44.83 | 51.62 | 41.55 | 224.86 | 201.74 | 0.00 | -14.83 | -23.33 |
| 21Q3 (8) | 18.81 | 5.91 | -30.79 | 30.5 | 25.62 | -7.97 | 2.25 | 4.17 | -89.22 | 0.22 | 4.76 | 4.76 | 46.84 | 20.6 | 36.92 | 1.38 | 97.14 | 7.81 | 29.4 | 12.21 | 43.77 | 18.16 | 3.46 | 16.04 | 214.42 | 0.43 | 1.14 | 29.48 | -0.81 | 5.51 | 56.85 | 4.77 | 80.42 | 0 | 0 | -100.0 | 153.09 | 0.0 | 0.0 | 8.21 | 8.03 | 8.03 | 27.89 | 0.0 | 0.0 | 16.85 | -15.62 | 3.37 | 52.95 | -4.51 | 2.24 | -4.06 | -19.06 | 50.55 | 12.79 | -22.77 | 58.1 | 0.00 | -2.45 | -19.85 |
| 21Q2 (7) | 17.76 | 19.68 | -3.95 | 24.28 | -12.6 | -32.44 | 2.16 | -93.55 | -89.12 | 0.21 | 0.0 | 0 | 38.84 | 1.07 | 14.03 | 0.7 | -19.54 | -74.36 | 26.2 | 37.24 | 20.74 | 17.55 | 32.85 | 0 | 213.51 | 0.25 | 50.66 | 29.72 | -0.3 | 6.03 | 54.26 | 527.28 | 57.6 | 0 | 0 | -100.0 | 153.09 | 0.0 | 0.0 | 7.6 | 0.0 | 0.0 | 27.89 | 0.0 | 0.0 | 19.97 | 3.63 | 32.96 | 55.45 | 1.28 | 9.8 | -3.41 | 34.42 | 57.48 | 16.56 | 17.7 | 136.57 | 0.00 | -4.95 | -19.65 |
| 21Q1 (6) | 14.84 | -39.38 | 0.61 | 27.78 | 9.37 | -20.65 | 33.48 | 196.02 | 88.41 | 0.21 | 0.0 | 0 | 38.43 | 1.64 | 34.23 | 0.87 | -59.15 | 2075.0 | 19.09 | 42.57 | 19.24 | 13.21 | 32.9 | 0 | 212.97 | -0.94 | 53.18 | 29.81 | 6.77 | 4.3 | 8.65 | -76.02 | -78.47 | 0 | 0 | -100.0 | 153.09 | 0.0 | 0.0 | 7.6 | 0.0 | 4.4 | 27.89 | 0.0 | 0.0 | 19.27 | 4.73 | 22.9 | 54.75 | 1.61 | 7.67 | -5.2 | -12.31 | 43.66 | 14.07 | 2.18 | 118.14 | 0.01 | -2.91 | -18.53 |
| 20Q4 (5) | 24.48 | -9.93 | -8.49 | 25.4 | -23.36 | -25.54 | 11.31 | -45.83 | -34.21 | 0.21 | 0.0 | 0 | 37.81 | 10.52 | 11.9 | 2.13 | 66.41 | 97.22 | 13.39 | -34.52 | -17.35 | 9.94 | -36.48 | 0 | 214.99 | 1.41 | 0.04 | 27.92 | -0.07 | -3.86 | 36.07 | 14.47 | -18.94 | 0 | -100.0 | -100.0 | 153.09 | 0.0 | 0.0 | 7.6 | 0.0 | 4.4 | 27.89 | 0.0 | 0.0 | 18.4 | 12.88 | 17.65 | 53.88 | 4.04 | 6.04 | -4.63 | 43.61 | 18.2 | 13.77 | 70.21 | 37.98 | 0.01 | -10.97 | -16.59 |
| 20Q3 (4) | 27.18 | 47.0 | 0.0 | 33.14 | -7.79 | 0.0 | 20.88 | 5.19 | 0.0 | 0.21 | 0 | 0.0 | 34.21 | 0.44 | 0.0 | 1.28 | -53.11 | 0.0 | 20.45 | -5.76 | 0.0 | 15.65 | 0 | 0.0 | 212.0 | 49.59 | 0.0 | 27.94 | -0.32 | 0.0 | 31.51 | -8.48 | 0.0 | 0.44 | 0.0 | 0.0 | 153.09 | 0.0 | 0.0 | 7.6 | 0.0 | 0.0 | 27.89 | 0.0 | 0.0 | 16.3 | 8.52 | 0.0 | 51.79 | 2.55 | 0.0 | -8.21 | -2.37 | 0.0 | 8.09 | 15.57 | 0.0 | 0.01 | -2.2 | 0.0 |
