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) | 11.38 | -25.28 | 51.1 | 19.95 | 32.59 | 111.9 | 0 | 0 | 25.53 | -63.36 | 5.21 | -73.49 | 0.17 | 183.33 | 0.67 | 673.31 | 143.97 | 11.04 | 142.28 | 2.86 | 36.74 | -30.14 | 0.2 | -4.76 | 47.42 | 0.0 | 17.44 | 13.1 | 0.18 | 12.5 | 58.56 | -6.74 | 76.18 | -2.79 | 0.31 | -44.64 | 58.87 | -7.07 | 0.00 | 0 |
| 2022 (9) | 15.23 | 101.99 | 42.6 | -11.25 | 15.38 | -26.76 | 0 | 0 | 69.68 | 79.77 | 19.65 | 132.82 | 0.06 | -88.24 | 0.09 | -93.46 | 129.66 | -21.51 | 138.33 | 11.66 | 52.59 | 9.33 | 0.21 | -19.23 | 47.42 | 0.0 | 15.42 | 6.13 | 0.16 | -27.27 | 62.79 | 27.99 | 78.37 | 22.82 | 0.56 | 21.74 | 63.35 | 27.93 | 0.00 | 0 |
| 2021 (8) | 7.54 | -2.33 | 48.0 | 7.91 | 21.0 | -23.08 | 0 | 0 | 38.76 | 39.83 | 8.44 | 38.36 | 0.51 | -45.16 | 1.32 | -60.78 | 165.2 | -20.79 | 123.88 | 34.43 | 48.1 | -5.87 | 0.26 | -10.34 | 47.42 | 0.0 | 14.53 | 4.61 | 0.22 | 144.44 | 49.06 | 7.42 | 63.81 | 6.97 | 0.46 | 70.37 | 49.52 | 7.79 | 0.00 | 0 |
| 2020 (7) | 7.72 | -11.77 | 44.48 | 115.4 | 27.3 | 810.0 | 0 | 0 | 27.72 | -53.11 | 6.1 | -54.41 | 0.93 | 43.08 | 3.35 | 205.15 | 208.55 | 22.55 | 92.15 | 3.27 | 51.1 | -14.88 | 0.29 | -9.38 | 47.42 | -20.01 | 13.89 | 10.68 | 0.09 | 125.0 | 45.67 | 4.68 | 59.65 | 6.1 | 0.27 | -80.85 | 45.94 | 2.0 | 0.00 | 0 |
| 2019 (6) | 8.75 | 13.64 | 20.65 | -29.76 | 3.0 | -93.57 | 0 | 0 | 59.12 | -26.11 | 13.38 | -55.47 | 0.65 | -40.37 | 1.10 | -19.3 | 170.18 | -10.41 | 89.23 | 6.71 | 60.03 | 251.05 | 0.32 | -11.11 | 59.28 | -20.0 | 12.55 | 31.55 | 0.04 | -69.23 | 43.63 | 31.65 | 56.22 | 31.29 | 1.41 | -9.03 | 45.04 | 29.84 | 0.00 | 0 |
| 2018 (5) | 7.7 | -23.0 | 29.4 | 18.98 | 46.63 | 33.23 | 0 | 0 | 80.01 | 22.92 | 30.05 | 15.22 | 1.09 | -80.22 | 1.36 | -83.91 | 189.96 | -13.36 | 83.62 | 36.52 | 17.1 | -36.19 | 0.36 | -12.2 | 74.1 | 20.0 | 9.54 | 37.46 | 0.13 | 0 | 33.14 | 15.91 | 42.82 | 20.55 | 1.55 | -36.99 | 34.69 | 11.72 | 0.00 | 0 |
| 2017 (4) | 10.0 | 107.9 | 24.71 | -15.72 | 35.0 | 80.97 | 0 | 0 | 65.09 | 101.39 | 26.08 | 202.55 | 5.51 | 480.0 | 8.47 | 188.0 | 219.25 | -8.5 | 61.25 | 96.57 | 26.8 | -34.49 | 0.41 | 0 | 61.75 | 4.82 | 6.94 | 14.33 | 0 | 0 | 28.59 | 207.42 | 35.52 | 130.95 | 2.46 | 25.51 | 31.05 | 175.75 | 0.00 | 0 |
| 2016 (3) | 4.81 | 55.16 | 29.32 | 100.14 | 19.34 | 16.58 | 0 | 0 | 32.32 | 114.89 | 8.62 | 114.96 | 0.95 | 1087.5 | 2.94 | 452.6 | 239.63 | 8.57 | 31.16 | 15.88 | 40.91 | -24.17 | 0 | 0 | 58.91 | 0.0 | 6.07 | 7.05 | 0 | 0 | 9.3 | 129.06 | 15.38 | 58.07 | 1.96 | 36.11 | 11.26 | 104.73 | 0.00 | 0 |
| 2015 (2) | 3.1 | -2.82 | 14.65 | -35.0 | 16.59 | -36.68 | 0 | 0 | 15.04 | 54.57 | 4.01 | 0 | 0.08 | -60.0 | 0.53 | -74.12 | 220.71 | 12.94 | 26.89 | 7.39 | 53.95 | 30.95 | 0 | 0 | 58.91 | 0.0 | 5.67 | -29.74 | 0 | 0 | 4.06 | 0 | 9.73 | 71.6 | 1.44 | 82.28 | 5.5 | 0 | 0.00 | 0 |
| 2014 (1) | 3.19 | 7.05 | 22.54 | -19.7 | 26.2 | -25.99 | 0 | 0 | 9.73 | 17.23 | -2.37 | 0 | 0.2 | 122.22 | 2.06 | 89.56 | 195.43 | 2.47 | 25.04 | 80.27 | 41.2 | 79.44 | 0.01 | 0.0 | 58.91 | 0.0 | 8.07 | -12.19 | 0 | 0 | -2.39 | 0 | 5.67 | -29.74 | 0.79 | 119.44 | -1.6 | 0 | 0.00 | 0 |
| 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) | 10.97 | 11.37 | -21.14 | 56.1 | 3.41 | 19.11 | 18.0 | 40.08 | -51.47 | 0 | 0 | 0 | 3.08 | 2.67 | -39.61 | 0.1 | 116.95 | -89.01 | 0.05 | -66.67 | -88.1 | 0.36 | -61.88 | -50.49 | 150.12 | 2.81 | 7.18 | 142.24 | -0.13 | 11.25 | 58.34 | -0.51 | 102.99 | 0.2 | 0.0 | 0.0 | 47.42 | 0.0 | 0.0 | 18.06 | 0.0 | 3.56 | 0.21 | 0.0 | 16.67 | 53.58 | 0.21 | -6.3 | 71.84 | 0.14 | -3.96 | 0.28 | -50.88 | -45.1 | 53.86 | -0.33 | -6.64 | 0.00 | 0 | 0 |
| 24Q2 (19) | 9.85 | -0.3 | 2.71 | 54.25 | -0.64 | 27.35 | 12.85 | 140.19 | -68.38 | 0 | 0 | 0 | 3.0 | -17.36 | -21.47 | -0.59 | -225.53 | -3.51 | 0.15 | -67.39 | -25.0 | 0.93 | -65.73 | 195.3 | 146.02 | 0.95 | 5.97 | 142.43 | 0.08 | 10.77 | 58.64 | -11.34 | 183.42 | 0.2 | 0.0 | -4.76 | 47.42 | 0.0 | 0.0 | 18.06 | 3.56 | 3.56 | 0.21 | 16.67 | 16.67 | 53.47 | -9.56 | -4.91 | 71.74 | -6.53 | -2.87 | 0.57 | -1.72 | 46.15 | 54.04 | -9.48 | -4.56 | 0.00 | 0 | 0 |
| 24Q1 (18) | 9.88 | -13.18 | -40.23 | 54.6 | 6.85 | 28.17 | 5.35 | -83.58 | -63.26 | 0 | 0 | 0 | 3.63 | -16.93 | -70.34 | 0.47 | -65.44 | -86.57 | 0.46 | 170.59 | 820.0 | 2.72 | 308.28 | 3676.24 | 144.65 | 0.47 | 6.76 | 142.32 | 0.03 | 10.71 | 66.14 | 80.02 | 25.77 | 0.2 | 0.0 | -4.76 | 47.42 | 0.0 | 0.0 | 17.44 | 0.0 | 13.1 | 0.18 | 0.0 | 12.5 | 59.12 | 0.96 | -11.31 | 76.75 | 0.75 | -6.68 | 0.58 | 87.1 | 1.75 | 59.7 | 1.41 | -11.2 | 0.00 | 0 | 0 |
| 23Q4 (17) | 11.38 | -18.19 | -25.28 | 51.1 | 8.49 | 19.95 | 32.59 | -12.13 | 111.9 | 0 | 0 | 0 | 4.37 | -14.31 | -88.32 | 1.36 | 49.45 | -87.45 | 0.17 | -59.52 | 183.33 | 0.67 | -7.16 | 673.31 | 143.97 | 2.79 | 11.04 | 142.28 | 11.28 | 2.86 | 36.74 | 27.84 | -30.14 | 0.2 | 0.0 | -4.76 | 47.42 | 0.0 | 0.0 | 17.44 | 0.0 | 13.1 | 0.18 | 0.0 | 12.5 | 58.56 | 2.41 | -6.74 | 76.18 | 1.84 | -2.79 | 0.31 | -39.22 | -44.64 | 58.87 | 2.05 | -7.07 | 0.00 | 0 | 0 |
| 23Q3 (16) | 13.91 | 45.05 | 44.75 | 47.1 | 10.56 | 5.13 | 37.09 | -8.74 | 352.32 | 0 | 0 | 0 | 5.1 | 33.51 | -48.64 | 0.91 | 259.65 | -62.7 | 0.42 | 110.0 | 75.0 | 0.72 | 127.32 | 30.35 | 140.06 | 1.64 | -3.4 | 127.86 | -0.56 | -7.84 | 28.74 | 38.91 | -63.48 | 0.2 | -4.76 | -9.09 | 47.42 | 0.0 | 0.0 | 17.44 | 0.0 | 13.1 | 0.18 | 0.0 | 12.5 | 57.18 | 1.69 | 10.17 | 74.8 | 1.27 | 10.85 | 0.51 | 30.77 | -27.14 | 57.69 | 1.89 | 9.68 | 0.00 | 0 | 0 |
| 23Q2 (15) | 9.59 | -41.98 | 3.79 | 42.6 | 0.0 | -10.32 | 40.64 | 179.12 | 0 | 0 | 0 | 0 | 3.82 | -68.79 | -61.34 | -0.57 | -116.29 | -123.65 | 0.2 | 300.0 | -54.55 | 0.32 | 338.24 | -68.39 | 137.8 | 1.7 | -5.12 | 128.58 | 0.02 | -6.93 | 20.69 | -60.66 | -70.94 | 0.21 | 0.0 | -8.7 | 47.42 | 0.0 | 0.0 | 17.44 | 13.1 | 13.1 | 0.18 | 12.5 | 12.5 | 56.23 | -15.65 | 13.9 | 73.86 | -10.19 | 13.72 | 0.39 | -31.58 | -44.29 | 56.62 | -15.78 | 13.08 | 0.00 | 0 | 0 |
| 23Q1 (14) | 16.53 | 8.54 | 73.27 | 42.6 | 0.0 | -10.32 | 14.56 | -5.33 | -9.0 | 0 | 0 | 0 | 12.24 | -67.27 | -1.84 | 3.5 | -67.71 | -11.62 | 0.05 | -16.67 | -79.17 | 0.07 | -16.39 | -87.29 | 135.49 | 4.5 | -15.85 | 128.55 | -7.07 | 3.79 | 52.59 | 0.0 | 5.81 | 0.21 | 0.0 | -12.5 | 47.42 | 0.0 | 0.0 | 15.42 | 0.0 | 6.13 | 0.16 | 0.0 | -27.27 | 66.66 | 6.16 | 25.18 | 82.24 | 4.94 | 20.94 | 0.57 | 1.79 | -58.39 | 67.23 | 6.12 | 23.09 | 0.00 | 0 | 0 |
| 22Q4 (13) | 15.23 | 58.48 | 101.99 | 42.6 | -4.91 | -11.25 | 15.38 | 87.56 | -26.76 | 0 | 0 | 0 | 37.4 | 276.64 | 229.81 | 10.84 | 344.26 | 287.14 | 0.06 | -75.0 | -88.24 | 0.09 | -84.35 | -93.45 | 129.66 | -10.57 | -21.51 | 138.33 | -0.3 | 11.66 | 52.59 | -33.17 | 9.33 | 0.21 | -4.55 | -19.23 | 47.42 | 0.0 | 0.0 | 15.42 | 0.0 | 6.13 | 0.16 | 0.0 | -27.27 | 62.79 | 20.98 | 27.99 | 78.37 | 16.14 | 22.82 | 0.56 | -20.0 | 21.74 | 63.35 | 20.44 | 27.93 | 0.00 | 0 | 0 |
| 22Q3 (12) | 9.61 | 4.0 | 23.84 | 44.8 | -5.68 | -37.33 | 8.2 | 0 | -65.83 | 0 | 0 | 0 | 9.93 | 0.51 | -4.43 | 2.44 | 1.24 | 0.0 | 0.24 | -45.45 | -68.42 | 0.55 | -44.88 | -72.09 | 144.99 | -0.17 | -27.49 | 138.74 | 0.43 | 50.87 | 78.69 | 10.52 | 213.51 | 0.22 | -4.35 | -18.52 | 47.42 | 0.0 | 0.0 | 15.42 | 0.0 | 6.13 | 0.16 | 0.0 | -27.27 | 51.9 | 5.12 | 12.39 | 67.48 | 3.9 | 10.77 | 0.7 | 0.0 | 133.33 | 52.6 | 5.05 | 13.17 | 0.00 | 0 | 0 |
| 22Q2 (11) | 9.24 | -3.14 | 47.84 | 47.5 | 0.0 | -30.85 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 9.88 | -20.77 | 21.08 | 2.41 | -39.14 | 65.07 | 0.44 | 83.33 | -42.11 | 1.00 | 76.18 | -54.42 | 145.23 | -9.8 | -28.71 | 138.15 | 11.55 | 50.33 | 71.2 | 43.26 | 136.54 | 0.23 | -4.17 | -17.86 | 47.42 | 0.0 | 0.0 | 15.42 | 6.13 | 11.02 | 0.16 | -27.27 | 77.78 | 49.37 | -7.29 | 0.69 | 64.95 | -4.49 | 3.08 | 0.7 | -48.91 | 169.23 | 50.07 | -8.33 | 1.58 | 0.00 | 0 | 0 |
| 22Q1 (10) | 9.54 | 26.53 | 35.32 | 47.5 | -1.04 | -30.4 | 16.0 | -23.81 | 433.33 | 0 | 0 | 0 | 12.47 | 9.96 | 40.43 | 3.96 | 41.43 | 127.59 | 0.24 | -52.94 | -40.0 | 0.57 | -56.93 | -57.85 | 161.01 | -2.54 | -21.35 | 123.85 | -0.02 | 34.47 | 49.7 | 3.33 | 7.81 | 0.24 | -7.69 | -14.29 | 47.42 | 0.0 | 0.0 | 14.53 | 0.0 | 4.61 | 0.22 | 0.0 | 144.44 | 53.25 | 8.54 | 12.29 | 68.0 | 6.57 | 10.73 | 1.37 | 197.83 | 251.28 | 54.62 | 10.3 | 14.24 | 0.00 | 0 | 0 |
| 21Q4 (9) | 7.54 | -2.84 | -2.33 | 48.0 | -32.85 | 7.91 | 21.0 | -12.5 | -23.08 | 0 | 0 | 0 | 11.34 | 9.14 | 1.98 | 2.8 | 14.75 | 1.08 | 0.51 | -32.89 | -45.16 | 1.32 | -33.28 | -60.79 | 165.2 | -17.38 | -20.79 | 123.88 | 34.71 | 34.43 | 48.1 | 91.63 | -5.87 | 0.26 | -3.7 | -10.34 | 47.42 | 0.0 | 0.0 | 14.53 | 0.0 | 4.61 | 0.22 | 0.0 | 144.44 | 49.06 | 6.24 | 7.42 | 63.81 | 4.74 | 6.97 | 0.46 | 53.33 | 70.37 | 49.52 | 6.54 | 7.79 | 0.00 | 0 | 0 |
| 21Q3 (8) | 7.76 | 24.16 | 15.3 | 71.48 | 4.06 | 66.31 | 24.0 | 26.32 | 6.67 | 0 | 0 | 0 | 10.39 | 27.33 | 58.87 | 2.44 | 67.12 | 96.77 | 0.76 | 0.0 | -2.56 | 1.97 | -9.99 | -27.76 | 199.95 | -1.85 | -3.05 | 91.96 | 0.07 | -5.1 | 25.1 | -16.61 | -40.24 | 0.27 | -3.57 | -3.57 | 47.42 | 0.0 | 0.0 | 14.53 | 4.61 | 4.61 | 0.22 | 144.44 | 144.44 | 46.18 | -5.81 | 7.85 | 60.92 | -3.32 | 7.25 | 0.3 | 15.38 | 100.0 | 46.48 | -5.7 | 8.17 | 0.00 | 0 | 0 |
| 21Q2 (7) | 6.25 | -11.35 | 14.47 | 68.69 | 0.64 | 105.47 | 19.0 | 533.33 | -43.5 | 0 | 0 | 0 | 8.16 | -8.11 | 153.42 | 1.46 | -16.09 | 661.54 | 0.76 | 90.0 | -12.64 | 2.19 | 62.95 | 0 | 203.72 | -0.49 | 16.13 | 91.9 | -0.22 | -5.27 | 30.1 | -34.71 | 22.36 | 0.28 | 0.0 | -3.45 | 47.42 | 0.0 | -20.01 | 13.89 | 0.0 | 0.0 | 0.09 | 0.0 | 0.0 | 49.03 | 3.4 | 18.49 | 63.01 | 2.61 | 13.82 | 0.26 | -33.33 | -66.67 | 49.29 | 3.1 | 16.91 | 0.00 | 0 | 0 |
| 21Q1 (6) | 7.05 | -8.68 | 13.34 | 68.25 | 53.44 | 142.02 | 3.0 | -89.01 | -93.35 | 0 | 0 | 0 | 8.88 | -20.14 | 29.82 | 1.74 | -37.18 | -26.27 | 0.4 | -56.99 | -83.74 | 1.34 | -59.94 | 0 | 204.72 | -1.84 | 16.83 | 92.1 | -0.05 | 3.23 | 46.1 | -9.78 | 315.32 | 0.28 | -3.45 | -6.67 | 47.42 | 0.0 | -20.01 | 13.89 | 0.0 | 10.68 | 0.09 | 0.0 | 125.0 | 47.42 | 3.83 | 3.11 | 61.41 | 2.95 | 4.83 | 0.39 | 44.44 | 62.5 | 47.81 | 4.07 | 3.42 | 0.00 | 0 | 0 |
| 20Q4 (5) | 7.72 | 14.71 | -11.77 | 44.48 | 3.49 | 115.4 | 27.3 | 21.33 | 810.0 | 0 | 0 | 0 | 11.12 | 70.03 | -7.18 | 2.77 | 123.39 | 1.84 | 0.93 | 19.23 | 43.08 | 3.35 | 22.93 | 0 | 208.55 | 1.12 | 22.55 | 92.15 | -4.9 | 3.27 | 51.1 | 21.67 | -14.88 | 0.29 | 3.57 | -9.38 | 47.42 | 0.0 | -20.01 | 13.89 | 0.0 | 10.68 | 0.09 | 0.0 | 125.0 | 45.67 | 6.66 | 4.68 | 59.65 | 5.02 | 6.1 | 0.27 | 80.0 | -80.85 | 45.94 | 6.91 | 2.0 | 0.00 | 0 | 0 |
| 20Q3 (4) | 6.73 | 23.26 | 0.0 | 42.98 | 28.57 | 0.0 | 22.5 | -33.1 | 0.0 | 0 | 0 | 0.0 | 6.54 | 103.11 | 0.0 | 1.24 | 576.92 | 0.0 | 0.78 | -10.34 | 0.0 | 2.73 | 0 | 0.0 | 206.25 | 17.57 | 0.0 | 96.9 | -0.11 | 0.0 | 42.0 | 70.73 | 0.0 | 0.28 | -3.45 | 0.0 | 47.42 | -20.01 | 0.0 | 13.89 | 0.0 | 0.0 | 0.09 | 0.0 | 0.0 | 42.82 | 3.48 | 0.0 | 56.8 | 2.6 | 0.0 | 0.15 | -80.77 | 0.0 | 42.97 | 1.92 | 0.0 | 0.00 | 0 | 0.0 |
