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) | 45.37 | -46.02 | 14.14 | 176.71 | 18.44 | 323.91 | 0 | 0 | 145.07 | -15.53 | 11.89 | 0.08 | 16.5 | 0.24 | 11.37 | 18.67 | 79.17 | 47.51 | 2.55 | -42.05 | 34.01 | -25.42 | 0.06 | -14.29 | 27.08 | -20.0 | 10.58 | 14.5 | 0.17 | -83.65 | 29.57 | 10.5 | 40.32 | 8.86 | 0.58 | 0 | 30.15 | 13.39 | 0.03 | 14.89 |
| 2022 (9) | 84.05 | -9.36 | 5.11 | -11.59 | 4.35 | -47.78 | 0 | 0 | 171.74 | 15.95 | 11.88 | -3.02 | 16.46 | 168.95 | 9.58 | 131.96 | 53.67 | 3.59 | 4.4 | 70.54 | 45.6 | 24.25 | 0.07 | 16.67 | 33.85 | 0.0 | 9.24 | 15.21 | 1.04 | 0.0 | 26.76 | 16.2 | 37.04 | 15.46 | -0.17 | 0 | 26.59 | 20.92 | 0.02 | -10.36 |
| 2021 (8) | 92.73 | 48.8 | 5.78 | -25.8 | 8.33 | 20.2 | 0 | 0 | 148.12 | -1.96 | 12.25 | 5.6 | 6.12 | -51.0 | 4.13 | -50.02 | 51.81 | -11.33 | 2.58 | -5.49 | 36.7 | 136.93 | 0.06 | -33.33 | 33.85 | 1.35 | 8.02 | 16.91 | 1.04 | 30.0 | 23.03 | 11.42 | 32.08 | 13.2 | -1.04 | 0 | 21.99 | 12.02 | 0.02 | -12.56 |
| 2020 (7) | 62.32 | 139.05 | 7.79 | -45.29 | 6.93 | 129.47 | 0 | 0 | 151.08 | 40.4 | 11.6 | 84.13 | 12.49 | -2.8 | 8.27 | -30.77 | 58.43 | -9.77 | 2.73 | 2.25 | 15.49 | -0.77 | 0.09 | 12.5 | 33.4 | 7.22 | 6.86 | 10.11 | 0.8 | 5.26 | 20.67 | 44.34 | 28.34 | 32.99 | -1.04 | 0 | 19.63 | 45.19 | 0.03 | -29.14 |
| 2019 (6) | 26.07 | -41.35 | 14.24 | 340.87 | 3.02 | 205.05 | 0 | 0 | 107.61 | -25.71 | 6.3 | 15.38 | 12.85 | 0.63 | 11.94 | 35.45 | 64.76 | 10.04 | 2.67 | -24.79 | 15.61 | -45.8 | 0.08 | 14.29 | 31.15 | 13.94 | 6.23 | 9.49 | 0.76 | 22.58 | 14.32 | 6.15 | 21.31 | 7.68 | -0.8 | 0 | 13.52 | 6.21 | 0.04 | -14.62 |
| 2018 (5) | 44.45 | 20.2 | 3.23 | -45.99 | 0.99 | -78.8 | 0 | 0 | 144.85 | 30.35 | 5.46 | 18.18 | 12.77 | -68.47 | 8.82 | -75.81 | 58.85 | 21.29 | 3.55 | 11.29 | 28.8 | 15.11 | 0.07 | 600.0 | 27.34 | 17.95 | 5.69 | 9.0 | 0.62 | 0 | 13.49 | 16.39 | 19.79 | 17.66 | -0.76 | 0 | 12.73 | 16.04 | 0.05 | 32.76 |
| 2017 (4) | 36.98 | 78.13 | 5.98 | 34.38 | 4.67 | -82.58 | 0.39 | -67.23 | 111.12 | -10.76 | 4.62 | -28.26 | 40.5 | 1.17 | 36.45 | 13.37 | 48.52 | 3.06 | 3.19 | 27.09 | 25.02 | 217.11 | 0.01 | -50.0 | 23.18 | 5.56 | 5.22 | 13.97 | 0 | 0 | 11.59 | 2.57 | 16.82 | 5.92 | -0.62 | 0 | 10.97 | -5.92 | 0.03 | -15.51 |
| 2016 (3) | 20.76 | -1.75 | 4.45 | -41.06 | 26.81 | 484.1 | 1.19 | -35.33 | 124.52 | 4.9 | 6.44 | 97.55 | 40.03 | -2.39 | 32.15 | -6.95 | 47.08 | 10.13 | 2.51 | 9.13 | 7.89 | -78.35 | 0.02 | -50.0 | 21.96 | 0.0 | 4.58 | 7.76 | 0 | 0 | 11.3 | 48.88 | 15.88 | 34.12 | 0.36 | -50.68 | 11.66 | 40.14 | 0.04 | -8.78 |
| 2015 (2) | 21.13 | 6.56 | 7.55 | -34.91 | 4.59 | 4072.73 | 1.84 | 7.6 | 118.7 | 4.3 | 3.26 | -37.67 | 41.01 | 18.01 | 34.55 | 13.15 | 42.75 | 4.24 | 2.3 | 98.28 | 36.45 | -9.19 | 0.04 | 0.0 | 21.96 | 0.0 | 4.25 | 13.94 | 0 | 0 | 7.59 | 26.08 | 11.84 | -1.99 | 0.73 | 25.86 | 8.32 | 26.06 | 0.04 | 3.03 |
| 2014 (1) | 19.83 | -30.54 | 11.6 | -5.69 | 0.11 | -94.5 | 1.71 | 6.21 | 113.81 | -24.87 | 5.23 | -37.44 | 34.75 | 2.75 | 30.53 | 36.76 | 41.01 | 219.64 | 1.16 | 31.82 | 40.14 | 219.08 | 0.04 | 33.33 | 21.96 | 0.0 | 3.73 | 22.3 | 2.32 | -10.77 | 6.02 | -11.86 | 12.08 | -3.21 | 0.58 | 70.59 | 6.6 | -7.95 | 0.04 | -17.74 |
| 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) | 48.09 | 2.82 | -1.41 | 18.41 | -5.3 | 94.2 | 16.75 | 0.66 | 16.24 | 0 | 0 | 0 | 34.92 | -19.46 | -7.28 | 2.39 | -45.56 | 5.29 | 12.5 | -23.27 | -29.34 | 8.17 | -21.89 | -31.51 | 94.64 | 1.88 | 19.28 | 2.56 | 0.0 | -3.4 | 51.92 | 13.19 | 38.01 | 0.05 | -16.67 | -28.57 | 27.08 | 0.0 | 0.0 | 11.75 | 0.0 | 11.06 | 0 | 0 | -100.0 | 30.82 | 8.18 | 16.57 | 42.57 | 5.76 | 14.47 | 1.63 | -27.23 | 94.05 | 32.45 | 5.6 | 18.95 | 0.02 | -0.49 | -18.02 |
| 24Q2 (19) | 46.77 | 0.49 | -8.58 | 19.44 | 25.83 | 164.85 | 16.64 | -38.67 | 46.35 | 0 | 0 | 0 | 43.36 | 29.2 | 20.91 | 4.39 | 89.22 | 18.65 | 16.29 | 6.54 | 18.21 | 10.45 | 1.41 | 18.33 | 92.89 | 1.26 | 25.7 | 2.56 | 0.39 | -10.18 | 45.87 | 27.63 | 15.25 | 0.06 | 20.0 | 20.0 | 27.08 | 0.0 | -20.0 | 11.75 | 11.06 | 11.06 | 0 | -100.0 | -100.0 | 28.49 | 19.86 | 17.87 | 40.25 | 16.6 | 15.26 | 2.24 | 96.49 | 1623.08 | 30.73 | 23.36 | 26.46 | 0.02 | -11.51 | 11.99 |
| 24Q1 (18) | 46.54 | 2.58 | -30.38 | 15.45 | 9.26 | 194.29 | 27.13 | 47.13 | 592.09 | 0 | 0 | 0 | 33.56 | -18.64 | 10.8 | 2.32 | -29.05 | -12.12 | 15.29 | -7.33 | 44.79 | 10.31 | -9.38 | 60.34 | 91.73 | 15.86 | 42.2 | 2.55 | 0.0 | -41.91 | 35.94 | 5.67 | -21.32 | 0.05 | -16.67 | -16.67 | 27.08 | 0.0 | -20.0 | 10.58 | 0.0 | 14.5 | 0.17 | 0.0 | -83.65 | 23.77 | -19.61 | 13.51 | 34.52 | -14.38 | 10.57 | 1.14 | 96.55 | 670.0 | 24.91 | -17.38 | 20.11 | 0.03 | 6.06 | 19.85 |
| 23Q4 (17) | 45.37 | -6.99 | -46.02 | 14.14 | 49.16 | 176.71 | 18.44 | 27.97 | 323.91 | 0 | 0 | 0 | 41.25 | 9.53 | -7.47 | 3.27 | 44.05 | -17.84 | 16.5 | -6.73 | 0.24 | 11.37 | -4.59 | 18.68 | 79.17 | -0.21 | 47.51 | 2.55 | -3.77 | -42.05 | 34.01 | -9.6 | -25.42 | 0.06 | -14.29 | -14.29 | 27.08 | 0.0 | -20.0 | 10.58 | 0.0 | 14.5 | 0.17 | 0.0 | -83.65 | 29.57 | 11.84 | 10.5 | 40.32 | 8.42 | 8.86 | 0.58 | -30.95 | 441.18 | 30.15 | 10.52 | 13.39 | 0.03 | -12.23 | 14.89 |
| 23Q3 (16) | 48.78 | -4.65 | -38.4 | 9.48 | 29.16 | 4.64 | 14.41 | 26.74 | 5237.04 | 0 | 0 | 0 | 37.66 | 5.02 | -16.77 | 2.27 | -38.65 | 17.62 | 17.69 | 28.37 | 14.94 | 11.92 | 34.94 | 32.25 | 79.34 | 7.36 | 53.58 | 2.65 | -7.02 | -40.45 | 37.62 | -5.48 | -24.53 | 0.07 | 40.0 | 40.0 | 27.08 | -20.0 | -20.0 | 10.58 | 0.0 | 14.5 | 0.17 | 0.0 | -83.65 | 26.44 | 9.39 | 16.84 | 37.19 | 6.5 | 13.01 | 0.84 | 546.15 | 481.82 | 27.28 | 12.26 | 21.73 | 0.03 | 35.94 | 14.77 |
| 23Q2 (15) | 51.16 | -23.47 | -38.59 | 7.34 | 39.81 | 20.13 | 11.37 | 190.05 | 4448.0 | 0 | 0 | 0 | 35.86 | 18.39 | -18.76 | 3.7 | 40.15 | 16.72 | 13.78 | 30.49 | -2.55 | 8.83 | 37.42 | -0.17 | 73.9 | 14.56 | 44.65 | 2.85 | -35.08 | -36.1 | 39.8 | -12.87 | -19.2 | 0.05 | -16.67 | -16.67 | 33.85 | 0.0 | 0.0 | 10.58 | 14.5 | 14.5 | 0.17 | -83.65 | -83.65 | 24.17 | 15.43 | 21.82 | 34.92 | 11.85 | 15.97 | 0.13 | 165.0 | -7.14 | 24.3 | 17.16 | 21.62 | 0.02 | -5.29 | -14.9 |
| 23Q1 (14) | 66.85 | -20.46 | -24.29 | 5.25 | 2.74 | -24.57 | 3.92 | -9.89 | 253.15 | 0 | 0 | 0 | 30.29 | -32.05 | -19.8 | 2.64 | -33.67 | -5.71 | 10.56 | -35.84 | -7.04 | 6.43 | -32.92 | -12.21 | 64.51 | 20.2 | 26.74 | 4.39 | -0.23 | 69.5 | 45.68 | 0.18 | 3.79 | 0.06 | -14.29 | 0.0 | 33.85 | 0.0 | 0.0 | 9.24 | 0.0 | 15.21 | 1.04 | 0.0 | 0.0 | 20.94 | -21.75 | 20.62 | 31.22 | -15.71 | 18.17 | -0.2 | -17.65 | -136.36 | 20.74 | -22.0 | 15.8 | 0.02 | 1.67 | -14.65 |
| 22Q4 (13) | 84.05 | 6.14 | -9.36 | 5.11 | -43.6 | -11.59 | 4.35 | 1511.11 | -47.78 | 0 | 0 | 0 | 44.58 | -1.48 | 2.32 | 3.98 | 106.22 | 7.57 | 16.46 | 6.95 | 168.95 | 9.58 | 6.32 | 131.96 | 53.67 | 3.89 | 3.59 | 4.4 | -1.12 | 70.54 | 45.6 | -8.53 | 24.25 | 0.07 | 40.0 | 16.67 | 33.85 | 0.0 | 0.0 | 9.24 | 0.0 | 15.21 | 1.04 | 0.0 | 0.0 | 26.76 | 18.25 | 16.2 | 37.04 | 12.55 | 15.46 | -0.17 | 22.73 | 83.65 | 26.59 | 18.65 | 20.92 | 0.02 | -12.32 | -10.36 |
| 22Q3 (12) | 79.19 | -4.95 | -1.55 | 9.06 | 48.28 | 80.12 | 0.27 | 8.0 | -98.04 | 0 | 0 | 0 | 45.25 | 2.51 | 31.89 | 1.93 | -39.12 | -11.87 | 15.39 | 8.84 | 10.88 | 9.01 | 1.87 | -3.3 | 51.66 | 1.12 | -6.45 | 4.45 | -0.22 | 71.81 | 49.85 | 1.2 | 63.02 | 0.05 | -16.67 | -28.57 | 33.85 | 0.0 | 0.15 | 9.24 | 0.0 | 15.21 | 1.04 | 0.0 | 0.0 | 22.63 | 14.06 | 16.95 | 32.91 | 9.3 | 15.88 | -0.22 | -257.14 | 74.12 | 22.41 | 12.16 | 21.14 | 0.02 | 0.81 | -4.49 |
| 22Q2 (11) | 83.31 | -5.65 | 46.96 | 6.11 | -12.21 | -31.19 | 0.25 | -77.48 | -98.2 | 0 | 0 | 0 | 44.14 | 16.87 | 11.8 | 3.17 | 13.21 | -23.8 | 14.14 | 24.47 | -48.71 | 8.85 | 20.84 | -52.69 | 51.09 | 0.37 | -10.24 | 4.46 | 72.2 | 71.54 | 49.26 | 11.93 | 382.47 | 0.06 | 0.0 | -25.0 | 33.85 | 0.0 | 0.33 | 9.24 | 15.21 | 34.69 | 1.04 | 0.0 | 30.0 | 19.84 | 14.29 | 7.01 | 30.11 | 13.97 | 14.88 | 0.14 | -74.55 | 111.67 | 19.98 | 11.56 | 15.22 | 0.02 | -5.02 | -9.78 |
| 22Q1 (10) | 88.3 | -4.78 | 50.02 | 6.96 | 20.42 | -22.75 | 1.11 | -86.67 | -92.04 | 0 | 0 | 0 | 37.77 | -13.31 | 22.79 | 2.8 | -24.32 | 27.27 | 11.36 | 85.62 | 51.67 | 7.32 | 77.23 | 55.06 | 50.9 | -1.76 | -12.3 | 2.59 | 0.39 | -0.77 | 44.01 | 19.92 | 436.05 | 0.06 | 0.0 | -25.0 | 33.85 | 0.0 | 0.45 | 8.02 | 0.0 | 16.91 | 1.04 | 0.0 | 30.0 | 17.36 | -24.62 | 20.47 | 26.42 | -17.64 | 19.66 | 0.55 | 152.88 | 151.4 | 17.91 | -18.55 | 34.26 | 0.03 | 6.78 | -13.09 |
| 21Q4 (9) | 92.73 | 15.28 | 48.8 | 5.78 | 14.91 | -25.8 | 8.33 | -39.51 | 20.2 | 0 | 0 | 0 | 43.57 | 26.99 | -1.76 | 3.7 | 68.95 | -2.12 | 6.12 | -55.91 | -51.0 | 4.13 | -55.68 | -50.02 | 51.81 | -6.18 | -11.33 | 2.58 | -0.39 | -5.49 | 36.7 | 20.01 | 136.93 | 0.06 | -14.29 | -33.33 | 33.85 | 0.15 | 1.35 | 8.02 | 0.0 | 16.91 | 1.04 | 0.0 | 30.0 | 23.03 | 19.02 | 11.42 | 32.08 | 12.96 | 13.2 | -1.04 | -22.35 | 0.0 | 21.99 | 18.86 | 12.02 | 0.02 | -6.57 | -12.56 |
| 21Q3 (8) | 80.44 | 41.89 | 64.5 | 5.03 | -43.36 | -38.81 | 13.77 | -0.72 | 1464.77 | 0 | 0 | 0 | 34.31 | -13.1 | 4.57 | 2.19 | -47.36 | 85.59 | 13.88 | -49.66 | -8.08 | 9.32 | -50.16 | -15.51 | 55.22 | -2.99 | -2.09 | 2.59 | -0.38 | -0.77 | 30.58 | 199.51 | 90.65 | 0.07 | -12.5 | -12.5 | 33.8 | 0.18 | 1.9 | 8.02 | 16.91 | 16.91 | 1.04 | 30.0 | 30.0 | 19.35 | 4.37 | 14.02 | 28.4 | 8.36 | 15.26 | -0.85 | 29.17 | 0.0 | 18.5 | 6.69 | 14.76 | 0.03 | -4.78 | -22.34 |
| 21Q2 (7) | 56.69 | -3.69 | 53.42 | 8.88 | -1.44 | -39.96 | 13.87 | -0.57 | 1065.55 | 0 | 0 | 0 | 39.48 | 28.35 | -22.1 | 4.16 | 89.09 | -20.91 | 27.57 | 268.09 | 25.09 | 18.70 | 296.06 | 0 | 56.92 | -1.93 | 5.04 | 2.6 | -0.38 | -1.14 | 10.21 | 24.36 | -40.26 | 0.08 | 0.0 | 0 | 33.74 | 0.12 | 5.04 | 6.86 | 0.0 | 0.0 | 0.8 | 0.0 | 0.0 | 18.54 | 28.66 | 17.42 | 26.21 | 18.7 | 11.72 | -1.2 | -12.15 | 10.45 | 17.34 | 29.99 | 20.0 | 0.03 | -8.5 | -23.52 |
| 21Q1 (6) | 58.86 | -5.55 | 124.49 | 9.01 | 15.66 | -39.16 | 13.95 | 101.3 | 777.36 | 0 | 0 | 0 | 30.76 | -30.64 | 32.36 | 2.2 | -41.8 | 58.27 | 7.49 | -40.03 | -34.81 | 4.72 | -42.88 | 0 | 58.04 | -0.67 | -13.8 | 2.61 | -4.4 | -1.14 | 8.21 | -47.0 | -47.3 | 0.08 | -11.11 | 60.0 | 33.7 | 0.9 | 5.48 | 6.86 | 0.0 | 10.11 | 0.8 | 0.0 | 5.26 | 14.41 | -30.29 | -8.27 | 22.08 | -22.09 | -2.73 | -1.07 | -2.88 | 24.65 | 13.34 | -32.04 | -6.65 | 0.03 | 7.43 | -19.55 |
| 20Q4 (5) | 62.32 | 27.44 | 106.36 | 7.79 | -5.23 | -45.87 | 6.93 | 687.5 | 129.47 | 0 | 0 | 0 | 44.35 | 35.17 | 47.2 | 3.78 | 220.34 | 148.68 | 12.49 | -17.28 | -2.8 | 8.27 | -25.07 | 0 | 58.43 | 3.6 | -9.77 | 2.73 | 4.6 | 2.25 | 15.49 | -3.43 | 0.19 | 0.09 | 12.5 | 12.5 | 33.4 | 0.69 | 7.22 | 6.86 | 0.0 | 10.11 | 0.8 | 0.0 | 5.26 | 20.67 | 21.8 | 44.34 | 28.34 | 15.02 | 32.99 | -1.04 | -22.35 | -30.0 | 19.63 | 21.77 | 45.19 | 0.03 | -17.03 | -29.14 |
| 20Q3 (4) | 48.9 | 32.34 | 0.0 | 8.22 | -44.42 | 0.0 | 0.88 | -26.05 | 0.0 | 0 | 0 | 0.0 | 32.81 | -35.26 | 0.0 | 1.18 | -77.57 | 0.0 | 15.1 | -31.49 | 0.0 | 11.03 | 0 | 0.0 | 56.4 | 4.08 | 0.0 | 2.61 | -0.76 | 0.0 | 16.04 | -6.14 | 0.0 | 0.08 | 0 | 0.0 | 33.17 | 3.27 | 0.0 | 6.86 | 0.0 | 0.0 | 0.8 | 0.0 | 0.0 | 16.97 | 7.47 | 0.0 | 24.64 | 5.03 | 0.0 | -0.85 | 36.57 | 0.0 | 16.12 | 11.56 | 0.0 | 0.03 | -6.22 | 0.0 |
