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) | 16.89 | 47.77 | 113.75 | 23.41 | 14.88 | 25.99 | 0 | 0 | 81.03 | 71.17 | 15.08 | 238.88 | 27.46 | 100.29 | 33.89 | 17.02 | 226.24 | 30.95 | 8.59 | 15.46 | 23.18 | -13.44 | 0.02 | 100.0 | 39.16 | 47.16 | 3.39 | 15.31 | 0 | 0 | 24.75 | 31.51 | 28.14 | 29.32 | 0 | 0 | 24.75 | 31.51 | 0.00 | 0 |
| 2022 (9) | 11.43 | 5.44 | 92.17 | 39.36 | 11.81 | -1.58 | 0 | 0 | 47.34 | -14.25 | 4.45 | -60.69 | 13.71 | -20.34 | 28.96 | -7.09 | 172.77 | 45.54 | 7.44 | 22.77 | 26.78 | 28.2 | 0.01 | 0 | 26.61 | 64.97 | 2.94 | 62.43 | 0 | 0 | 18.82 | -29.75 | 21.76 | -23.92 | 0 | 0 | 18.82 | -29.75 | 0.00 | 0 |
| 2021 (8) | 10.84 | 122.13 | 66.14 | 29.28 | 12.0 | 39900.0 | 0 | 0 | 55.21 | 15.55 | 11.32 | 24.94 | 17.21 | 44.74 | 31.17 | 25.26 | 118.71 | 23.05 | 6.06 | 20.24 | 20.89 | -0.24 | 0 | 0 | 16.13 | 10.03 | 1.81 | 101.11 | 0 | 0 | 26.79 | 63.55 | 28.6 | 65.51 | 0 | 0 | 26.79 | 63.55 | 0.00 | 0 |
| 2020 (7) | 4.88 | 86.26 | 51.16 | 23.34 | 0.03 | -99.01 | 0 | 0 | 47.78 | 115.13 | 9.06 | 346.31 | 11.89 | 47.15 | 24.88 | -31.6 | 96.47 | 17.42 | 5.04 | 26.95 | 20.94 | 16.53 | 0 | 0 | 14.66 | 0.0 | 0.9 | 28.57 | 0 | 0 | 16.38 | 117.82 | 17.28 | 110.22 | 0 | 0 | 16.38 | 117.82 | 0.00 | 0 |
| 2019 (6) | 2.62 | 67.95 | 41.48 | 11.54 | 3.03 | -72.58 | 0 | 0 | 22.21 | 19.41 | 2.03 | 9.73 | 8.08 | 39.79 | 36.38 | 17.07 | 82.16 | 7.58 | 3.97 | 40.28 | 17.97 | 80.06 | 0 | 0 | 14.66 | 0.0 | 0.7 | 34.62 | 0 | 0 | 7.52 | 32.39 | 8.22 | 32.58 | 0 | 0 | 7.52 | 32.39 | 0.00 | 0 |
| 2018 (5) | 1.56 | -3.11 | 37.19 | 4.12 | 11.05 | 110400.0 | 0 | 0 | 18.6 | 84.89 | 1.85 | 927.78 | 5.78 | 25.93 | 31.08 | -31.89 | 76.37 | 7.04 | 2.83 | -14.5 | 9.98 | -52.54 | 0 | 0 | 14.66 | 0.0 | 0.52 | 4.0 | 0 | 0 | 5.68 | 21.89 | 6.2 | 20.16 | 0 | 0 | 5.68 | 21.89 | 0.00 | 0 |
| 2017 (4) | 1.61 | -13.9 | 35.72 | 11.45 | 0.01 | 0 | 0 | 0 | 10.06 | -13.13 | 0.18 | -93.08 | 4.59 | 17.69 | 45.63 | 35.47 | 71.35 | 8.22 | 3.31 | 26.82 | 21.03 | 18.08 | 0 | 0 | 14.66 | 0.0 | 0.5 | 108.33 | 0 | 0 | 4.66 | -1.69 | 5.16 | 3.61 | 0 | 0 | 4.66 | -1.69 | 0.00 | 0 |
| 2016 (3) | 1.87 | 206.56 | 32.05 | 140.98 | 0 | 0 | 0 | 0 | 11.58 | 38.19 | 2.6 | 20.93 | 3.9 | 81.4 | 33.68 | 31.27 | 65.93 | 5.88 | 2.61 | 105.51 | 17.81 | 39.03 | 0.01 | 0.0 | 14.66 | 0.0 | 0.24 | 1100.0 | 0 | 0 | 4.74 | 101.7 | 4.98 | 109.24 | 0 | 0 | 4.74 | 101.7 | 0.00 | 0 |
| 2015 (2) | 0.61 | -95.31 | 13.3 | 340.4 | 0 | 0 | 0 | 0 | 8.38 | -27.13 | 2.15 | 179.22 | 2.15 | -52.95 | 25.66 | -35.44 | 62.27 | 334.54 | 1.27 | 0.79 | 12.81 | 112.79 | 0.01 | -50.0 | 14.66 | 0.0 | 0.02 | 0 | 0 | 0 | 2.35 | 921.74 | 2.38 | 934.78 | 0 | 0 | 2.35 | 921.74 | 0.00 | 0 |
| 2014 (1) | 13.01 | 3842.42 | 3.02 | 0 | 0 | 0 | 0 | 0 | 11.5 | 126.82 | 0.77 | -61.5 | 4.57 | 175.3 | 39.74 | 21.37 | 14.33 | 134.92 | 1.26 | 7.69 | 6.02 | 0 | 0.02 | 100.0 | 14.66 | 51.76 | 0 | 0 | 0 | 0 | 0.23 | 0 | 0.23 | 0 | 0 | 0 | 0.23 | 0 | 0.00 | -56.86 |
| 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) | 29.23 | 15.85 | 100.21 | 149.43 | 3.3 | 39.71 | 18.13 | 0.78 | 19.91 | 0 | 0 | 0 | 25.51 | -2.71 | 32.8 | 4.53 | -17.49 | 62.95 | 25.95 | -26.76 | 25.91 | 25.47 | -31.29 | -15.24 | 296.13 | 5.78 | 36.61 | 8.57 | -0.12 | -47.29 | 19.27 | -2.92 | -14.92 | 0 | -100.0 | -100.0 | 62.49 | 0.0 | 59.58 | 4.89 | 0.0 | 44.25 | 0 | 0 | 0 | 22.61 | 25.12 | 33.95 | 27.5 | 19.72 | 35.67 | 0 | 0 | 0 | 22.61 | 25.12 | 33.95 | 0.00 | 0 | 0 |
| 24Q2 (19) | 25.23 | -19.08 | 107.48 | 144.65 | 25.71 | 56.43 | 17.99 | 6.39 | 43.12 | 0 | 0 | 0 | 26.22 | 12.58 | 31.36 | 5.49 | -8.65 | 80.59 | 35.43 | 27.77 | 113.43 | 37.06 | 19.4 | 36.34 | 279.95 | 17.75 | 44.91 | 8.58 | -0.12 | -47.07 | 19.85 | -0.8 | -22.13 | 0.01 | 0.0 | 0.0 | 62.49 | 50.0 | 59.58 | 4.89 | 44.25 | 44.25 | 0 | 0 | 0 | 18.07 | -41.25 | 28.16 | 22.97 | -32.72 | 31.33 | 0 | 0 | 0 | 18.07 | -41.25 | 28.16 | 0.00 | 0 | 0 |
| 24Q1 (18) | 31.18 | 84.61 | 42.7 | 115.07 | 1.16 | 26.05 | 16.91 | 13.64 | 36.04 | 0 | 0 | 0 | 23.29 | -13.32 | 55.37 | 6.01 | -23.63 | 332.37 | 27.73 | 0.98 | 107.72 | 31.04 | -8.4 | 18.91 | 237.74 | 5.08 | 32.05 | 8.59 | 0.0 | -45.8 | 20.01 | -13.68 | -21.93 | 0.01 | -50.0 | 0.0 | 41.66 | 6.38 | 43.61 | 3.39 | 0.0 | 15.31 | 0 | 0 | 0 | 30.76 | 24.28 | 52.2 | 34.14 | 21.32 | 47.47 | 0 | 0 | 0 | 30.76 | 24.28 | 52.2 | 0.00 | 0 | 0 |
| 23Q4 (17) | 16.89 | 15.68 | 47.77 | 113.75 | 6.35 | 23.41 | 14.88 | -1.59 | 25.99 | 0 | 0 | 0 | 26.87 | 39.88 | 86.21 | 7.87 | 183.09 | 167.69 | 27.46 | 33.24 | 100.29 | 33.89 | 12.78 | 17.02 | 226.24 | 4.37 | 30.95 | 8.59 | -47.17 | 15.46 | 23.18 | 2.34 | -13.44 | 0.02 | 100.0 | 100.0 | 39.16 | 0.0 | 47.16 | 3.39 | 0.0 | 15.31 | 0 | 0 | 0 | 24.75 | 46.62 | 31.51 | 28.14 | 38.83 | 29.32 | 0 | 0 | 0 | 24.75 | 46.62 | 31.51 | 0.00 | 0 | 0 |
| 23Q3 (16) | 14.6 | 20.07 | 150.86 | 106.96 | 15.67 | 31.68 | 15.12 | 20.29 | 29.9 | 0 | 0 | 0 | 19.21 | -3.76 | 64.47 | 2.78 | -8.55 | 578.05 | 20.61 | 24.16 | 97.41 | 30.05 | 10.53 | 56.31 | 216.77 | 12.21 | 36.53 | 16.26 | 0.31 | 134.63 | 22.65 | -11.14 | -14.5 | 0.01 | 0.0 | 0 | 39.16 | 0.0 | 47.16 | 3.39 | 0.0 | 15.31 | 0 | 0 | 0 | 16.88 | 19.72 | 6.3 | 20.27 | 15.89 | 7.7 | 0 | 0 | 0 | 16.88 | 19.72 | 6.3 | 0.00 | 0 | 0 |
| 23Q2 (15) | 12.16 | -44.35 | -0.41 | 92.47 | 1.29 | 14.05 | 12.57 | 1.13 | 47.71 | 0 | 0 | 0 | 19.96 | 33.16 | 98.8 | 3.04 | 118.71 | 520.41 | 16.6 | 24.34 | 87.36 | 27.19 | 4.14 | 64.99 | 193.19 | 7.3 | 29.77 | 16.21 | 2.27 | 132.57 | 25.49 | -0.55 | 3.53 | 0.01 | 0.0 | 0.0 | 39.16 | 34.99 | 47.16 | 3.39 | 15.31 | 15.31 | 0 | 0 | 0 | 14.1 | -30.23 | -8.86 | 17.49 | -24.45 | -5.0 | 0 | 0 | 0 | 14.1 | -30.23 | -8.86 | 0.00 | 0 | 0 |
| 23Q1 (14) | 21.85 | 91.16 | 145.78 | 91.29 | -0.95 | 36.31 | 12.43 | 5.25 | 53.27 | 0 | 0 | 0 | 14.99 | 3.88 | 33.96 | 1.39 | -52.72 | 131.67 | 13.35 | -2.63 | 19.52 | 26.10 | -9.86 | 27.07 | 180.04 | 4.21 | 34.81 | 15.85 | 113.04 | 141.62 | 25.63 | -4.29 | 3.56 | 0.01 | 0.0 | 0 | 29.01 | 9.02 | 79.85 | 2.94 | 0.0 | 62.43 | 0 | 0 | 0 | 20.21 | 7.39 | -21.61 | 23.15 | 6.39 | -16.09 | 0 | 0 | 0 | 20.21 | 7.39 | -21.61 | 0.00 | 0 | 0 |
| 22Q4 (13) | 11.43 | 96.39 | 5.44 | 92.17 | 13.47 | 39.36 | 11.81 | 1.46 | -1.58 | 0 | 0 | 0 | 14.43 | 23.54 | -32.57 | 2.94 | 617.07 | -56.51 | 13.71 | 31.32 | -20.34 | 28.96 | 50.66 | -7.09 | 172.77 | 8.82 | 45.54 | 7.44 | 7.36 | 22.77 | 26.78 | 1.09 | 28.2 | 0.01 | 0 | 0 | 26.61 | 0.0 | 64.97 | 2.94 | 0.0 | 62.43 | 0 | 0 | 0 | 18.82 | 18.51 | -29.75 | 21.76 | 15.62 | -23.92 | 0 | 0 | 0 | 18.82 | 18.51 | -29.75 | 0.00 | 0 | 0 |
| 22Q3 (12) | 5.82 | -52.33 | 17.58 | 81.23 | 0.19 | 34.75 | 11.64 | 36.78 | 116.76 | 0 | 0 | 0 | 11.68 | 16.33 | 4.85 | 0.41 | -16.33 | -68.7 | 10.44 | 17.83 | -1.32 | 19.22 | 16.66 | -10.48 | 158.77 | 6.65 | 44.56 | 6.93 | -0.57 | 23.53 | 26.49 | 7.6 | 28.78 | 0 | -100.0 | 0 | 26.61 | 0.0 | 64.97 | 2.94 | 0.0 | 62.43 | 0 | 0 | 0 | 15.88 | 2.65 | -20.72 | 18.82 | 2.23 | -13.83 | 0 | 0 | 0 | 15.88 | 2.65 | -20.72 | 0.00 | 0 | 0 |
| 22Q2 (11) | 12.21 | 37.35 | 141.3 | 81.08 | 21.07 | 47.15 | 8.51 | 4.93 | 62.1 | 0 | 0 | 0 | 10.04 | -10.28 | -5.64 | 0.49 | -18.33 | 2.08 | 8.86 | -20.68 | -2.21 | 16.48 | -19.8 | -1.12 | 148.87 | 11.47 | 44.86 | 6.97 | 6.25 | 34.3 | 24.62 | -0.53 | 56.92 | 0.01 | 0 | 0 | 26.61 | 64.97 | 64.97 | 2.94 | 62.43 | 62.43 | 0 | 0 | 0 | 15.47 | -39.99 | -17.41 | 18.41 | -33.27 | -10.37 | 0 | 0 | 0 | 15.47 | -39.99 | -17.41 | 0.00 | 0 | 0 |
| 22Q1 (10) | 8.89 | -17.99 | 35.73 | 66.97 | 1.25 | 22.66 | 8.11 | -32.42 | 58.09 | 0 | 0 | 0 | 11.19 | -47.71 | -6.98 | 0.6 | -91.12 | -78.34 | 11.17 | -35.1 | -3.37 | 20.54 | -34.09 | -8.03 | 133.55 | 12.5 | 36.48 | 6.56 | 8.25 | 26.64 | 24.75 | 18.48 | 56.55 | 0 | 0 | 0 | 16.13 | 0.0 | 10.03 | 1.81 | 0.0 | 101.11 | 0 | 0 | 0 | 25.78 | -3.77 | 34.62 | 27.59 | -3.53 | 37.61 | 0 | 0 | 0 | 25.78 | -3.77 | 34.62 | 0.00 | 0 | 0 |
| 21Q4 (9) | 10.84 | 118.99 | 122.13 | 66.14 | 9.72 | 29.28 | 12.0 | 123.46 | 39900.0 | 0 | 0 | 0 | 21.4 | 92.1 | 38.42 | 6.76 | 416.03 | 92.05 | 17.21 | 62.67 | 44.74 | 31.17 | 45.16 | 25.29 | 118.71 | 8.09 | 23.05 | 6.06 | 8.02 | 20.24 | 20.89 | 1.56 | -0.24 | 0 | 0 | 0 | 16.13 | 0.0 | 10.03 | 1.81 | 0.0 | 101.11 | 0 | 0 | 0 | 26.79 | 33.75 | 63.55 | 28.6 | 30.95 | 65.51 | 0 | 0 | 0 | 26.79 | 33.75 | 63.55 | 0.00 | 0 | 0 |
| 21Q3 (8) | 4.95 | -2.17 | 6.22 | 60.28 | 9.4 | 18.34 | 5.37 | 2.29 | 1434.29 | 0 | 0 | 0 | 11.14 | 4.7 | -31.4 | 1.31 | 172.92 | -51.12 | 10.58 | 16.78 | -13.91 | 21.47 | 28.86 | -31.51 | 109.83 | 6.87 | 16.49 | 5.61 | 8.09 | 13.56 | 20.57 | 31.1 | -0.24 | 0 | 0 | 0 | 16.13 | 0.0 | 10.03 | 1.81 | 0.0 | 101.11 | 0 | 0 | 0 | 20.03 | 6.94 | 55.75 | 21.84 | 6.33 | 58.72 | 0 | 0 | 0 | 20.03 | 6.94 | 55.75 | 0.00 | 0 | 0 |
| 21Q2 (7) | 5.06 | -22.75 | 224.36 | 55.1 | 0.92 | 15.56 | 5.25 | 2.34 | 62.04 | 0 | 0 | 0 | 10.64 | -11.55 | 32.67 | 0.48 | -82.67 | -67.12 | 9.06 | -21.63 | -0.98 | 16.66 | -25.4 | 0 | 102.77 | 5.03 | 11.39 | 5.19 | 0.19 | 23.57 | 15.69 | -0.76 | -11.56 | 0 | 0 | 0 | 16.13 | 10.03 | 10.03 | 1.81 | 101.11 | 0 | 0 | 0 | 0 | 18.73 | -2.19 | 0 | 20.54 | 2.44 | 85.38 | 0 | 0 | 0 | 18.73 | -2.19 | 0 | 0.00 | 0 | 0 |
| 21Q1 (6) | 6.55 | 34.22 | 11.02 | 54.6 | 6.72 | 26.95 | 5.13 | 17000.0 | 64.42 | 0 | 0 | 0 | 12.03 | -22.19 | 49.07 | 2.77 | -21.31 | 96.45 | 11.56 | -2.78 | 67.54 | 22.34 | -10.22 | 0 | 97.85 | 1.43 | 16.24 | 5.18 | 2.78 | 26.65 | 15.81 | -24.5 | -11.43 | 0 | 0 | 0 | 14.66 | 0.0 | 0.0 | 0.9 | 0.0 | 28.57 | 0 | 0 | 0 | 19.15 | 16.91 | 114.45 | 20.05 | 16.03 | 108.2 | 0 | 0 | 0 | 19.15 | 16.91 | 114.45 | 0.00 | 0 | 0 |
| 20Q4 (5) | 4.88 | 4.72 | 86.26 | 51.16 | 0.43 | 23.34 | 0.03 | -91.43 | -99.01 | 0 | 0 | 0 | 15.46 | -4.8 | 125.04 | 3.52 | 31.34 | 248.51 | 11.89 | -3.25 | 47.15 | 24.88 | -20.64 | 0 | 96.47 | 2.32 | 17.42 | 5.04 | 2.02 | 26.95 | 20.94 | 1.55 | 16.53 | 0 | 0 | 0 | 14.66 | 0.0 | 0.0 | 0.9 | 0.0 | 28.57 | 0 | 0 | 0 | 16.38 | 27.37 | 117.82 | 17.28 | 25.58 | 110.22 | 0 | 0 | 0 | 16.38 | 27.37 | 117.82 | 0.00 | 0 | 0 |
| 20Q3 (4) | 4.66 | 198.72 | 0.0 | 50.94 | 6.84 | 0.0 | 0.35 | -89.2 | 0.0 | 0 | 0 | 0.0 | 16.24 | 102.49 | 0.0 | 2.68 | 83.56 | 0.0 | 12.29 | 34.32 | 0.0 | 31.35 | 0 | 0.0 | 94.28 | 2.19 | 0.0 | 4.94 | 17.62 | 0.0 | 20.62 | 16.23 | 0.0 | 0 | 0 | 0.0 | 14.66 | 0.0 | 0.0 | 0.9 | 0 | 0.0 | 0 | 0 | 0.0 | 12.86 | 0 | 0.0 | 13.76 | 24.19 | 0.0 | 0 | 0 | 0.0 | 12.86 | 0 | 0.0 | 0.00 | 0 | 0.0 |
