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) | 147.02 | 3.84 | 986.85 | -10.56 | 107.17 | 314.42 | 0 | 0 | 440.67 | 65.5 | 24.37 | -34.86 | 21.66 | -37.13 | 4.92 | -62.01 | 1655.02 | -1.54 | 56.68 | 2.2 | 180.57 | -35.75 | 0.31 | 0.0 | 188.41 | 9.88 | 87.74 | 4.9 | 0 | 0 | 110.95 | -4.7 | 198.68 | -0.69 | 0 | 0 | 110.95 | -4.7 | 0.19 | 106.18 |
| 2022 (9) | 141.59 | 19.04 | 1103.35 | 20.57 | 25.86 | -69.38 | 0 | 0 | 266.27 | -39.87 | 37.41 | -54.31 | 34.45 | 34.41 | 12.94 | 123.54 | 1680.83 | 10.23 | 55.46 | 10.92 | 281.05 | 12.03 | 0.31 | 29.17 | 171.47 | 23.11 | 83.64 | 10.75 | 0 | 0 | 116.42 | -27.55 | 200.06 | -15.31 | 0 | 0 | 116.42 | -29.9 | 0.09 | -16.64 |
| 2021 (8) | 118.94 | 12.86 | 915.14 | 22.39 | 84.46 | -19.24 | 0 | 0 | 442.82 | 81.02 | 81.87 | 209.41 | 25.63 | 44.88 | 5.79 | -19.96 | 1524.79 | 14.96 | 50.0 | 7.94 | 250.86 | -13.3 | 0.24 | -7.69 | 139.28 | 7.94 | 75.52 | 3.51 | 0 | 0 | 160.69 | 48.87 | 236.22 | 30.59 | 5.39 | 0.75 | 166.08 | 46.6 | 0.11 | 6.26 |
| 2020 (7) | 105.39 | -13.81 | 747.72 | 31.59 | 104.58 | 3953.49 | 0 | 0 | 244.63 | 2.79 | 26.46 | -12.67 | 17.69 | -7.24 | 7.23 | -9.76 | 1326.33 | 25.16 | 46.32 | -0.52 | 289.35 | -17.54 | 0.26 | 4.0 | 129.03 | 10.6 | 72.96 | 0.95 | 0 | 0 | 107.94 | 1.55 | 180.89 | 1.3 | 5.35 | 0.38 | 113.29 | 1.5 | 0.10 | -12.54 |
| 2019 (6) | 122.28 | -18.76 | 568.23 | 33.3 | 2.58 | -88.34 | 0 | 0 | 237.98 | -46.16 | 30.3 | -55.81 | 19.07 | 7.8 | 8.01 | 100.24 | 1059.68 | 15.51 | 46.56 | 5.01 | 350.88 | 21.62 | 0.25 | 0.0 | 116.66 | 0.0 | 72.27 | 14.59 | 0 | 0 | 106.29 | -31.24 | 178.57 | -17.96 | 5.33 | 4.51 | 111.62 | -30.1 | 0.12 | -20.43 |
| 2018 (5) | 150.52 | 44.55 | 426.27 | 2.15 | 22.12 | 77.96 | 0 | 0 | 442.05 | 136.77 | 68.56 | 255.42 | 17.69 | -19.33 | 4.00 | -65.93 | 917.43 | -4.58 | 44.34 | 190.94 | 288.51 | 12.53 | 0.25 | -7.41 | 116.66 | 0.0 | 63.07 | 3.16 | 0 | 0 | 154.59 | 48.59 | 217.66 | 31.77 | 5.1 | 10100.0 | 159.69 | 53.42 | 0.15 | 40.04 |
| 2017 (4) | 104.13 | -1.5 | 417.28 | 12.5 | 12.43 | -8.33 | 0 | 0 | 186.7 | -46.75 | 19.29 | -69.62 | 21.93 | 68.05 | 11.75 | 215.55 | 961.45 | 10.22 | 15.24 | 458.24 | 256.39 | 87.8 | 0.27 | 3.85 | 116.66 | 0.0 | 61.14 | 11.59 | 0 | 0 | 104.04 | -30.21 | 165.18 | -18.98 | 0.05 | 150.0 | 104.09 | -30.18 | 0.11 | -1.64 |
| 2016 (3) | 105.72 | -14.62 | 370.9 | -7.73 | 13.56 | -6.29 | 0 | 0 | 350.58 | 1.21 | 63.49 | -21.82 | 13.05 | -28.41 | 3.72 | -29.27 | 872.31 | 1.58 | 2.73 | -1.8 | 136.52 | 199.78 | 0.26 | -7.14 | 116.66 | 0.0 | 54.79 | 17.4 | 0.02 | 0 | 149.07 | -9.1 | 203.88 | -3.22 | 0.02 | 0 | 149.09 | -9.08 | 0.11 | -0.37 |
| 2015 (2) | 123.82 | 15.47 | 401.96 | -10.75 | 14.47 | 295.36 | 0 | 0 | 346.38 | -7.67 | 81.21 | -19.86 | 18.23 | 27.39 | 5.26 | 37.97 | 858.76 | 5.76 | 2.78 | -2.11 | 45.54 | 28.21 | 0.28 | -3.45 | 116.66 | 30.0 | 46.67 | 27.72 | 0 | 0 | 164.0 | 4.99 | 210.67 | 9.28 | -0.02 | 0 | 163.98 | 4.92 | 0.11 | 0.75 |
| 2014 (1) | 107.23 | 80.89 | 450.36 | -9.32 | 3.66 | -34.64 | 0 | 0 | 375.15 | 32.52 | 101.33 | 58.16 | 14.31 | 166.98 | 3.81 | 101.47 | 812.0 | 1.09 | 2.84 | -1.73 | 35.52 | 129.31 | 0.29 | 0.0 | 89.74 | 49.99 | 36.54 | 21.27 | 0.03 | -91.67 | 156.21 | 51.91 | 192.78 | 44.59 | 0.08 | 0 | 156.29 | 52.03 | 0.11 | -9.53 |
| 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) | 165.72 | 21.38 | 7.13 | 1053.02 | 1.76 | 0.52 | 26.99 | 0.22 | -68.06 | 0 | 0 | 0 | 94.98 | -5.3 | -52.92 | 17.9 | 167.16 | 100.45 | 18.94 | -36.78 | -67.19 | 5.96 | -15.56 | -46.94 | 1726.61 | 1.22 | 6.15 | 54.57 | -3.72 | -1.18 | 238.89 | -0.36 | 9.03 | 0.48 | 26.32 | 45.45 | 207.06 | 0.0 | 9.9 | 90.14 | 0.0 | 2.74 | 0 | 0 | 0 | 111.11 | 19.2 | -0.01 | 201.25 | 9.76 | 1.2 | 0 | 0 | 0 | 111.11 | 19.2 | -0.01 | 0.20 | -0.09 | 13.78 |
| 24Q2 (19) | 136.53 | -1.12 | -6.54 | 1034.84 | 2.13 | -6.3 | 26.93 | -67.33 | -62.53 | 0 | 0 | 0 | 100.3 | 92.51 | 29.85 | 6.7 | 12.79 | 24.77 | 29.96 | 6.73 | 12.25 | 7.05 | 0.94 | -8.33 | 1705.73 | 1.39 | 0.43 | 56.68 | -1.19 | 1.69 | 239.76 | 8.91 | 4.41 | 0.38 | 40.74 | 52.0 | 207.06 | 9.9 | 9.9 | 90.14 | 2.74 | 2.74 | 0 | 0 | 0 | 93.21 | -13.34 | -8.74 | 183.36 | -6.11 | -3.43 | 0 | 0 | 0 | 93.21 | -13.34 | -8.74 | 0.20 | 10.64 | 65.45 |
| 24Q1 (18) | 138.08 | -6.08 | 13.61 | 1013.3 | 2.68 | -6.77 | 82.44 | -23.08 | 44.68 | 0 | 0 | 0 | 52.1 | -26.26 | -42.78 | 5.94 | 2682.61 | -42.33 | 28.07 | 29.59 | -28.19 | 6.99 | 42.16 | -48.69 | 1682.35 | 1.65 | 0.68 | 57.36 | 1.2 | 3.71 | 220.15 | 21.92 | -18.29 | 0.27 | -12.9 | -3.57 | 188.41 | 0.0 | 9.88 | 87.74 | 0.0 | 4.9 | 0 | 0 | 0 | 107.56 | -3.06 | -14.99 | 195.3 | -1.7 | -7.07 | 0 | 0 | 0 | 107.56 | -3.06 | -14.99 | 0.18 | -5.98 | 80.45 |
| 23Q4 (17) | 147.02 | -4.96 | 3.84 | 986.85 | -5.8 | -10.56 | 107.17 | 26.84 | 314.42 | 0 | 0 | 0 | 70.65 | -64.98 | -51.01 | -0.23 | -102.58 | -100.96 | 21.66 | -62.47 | -37.13 | 4.92 | -56.21 | -62.01 | 1655.02 | 1.75 | -1.54 | 56.68 | 2.64 | 2.2 | 180.57 | -17.59 | -35.75 | 0.31 | -6.06 | 0.0 | 188.41 | 0.0 | 9.88 | 87.74 | 0.0 | 4.9 | 0 | 0 | 0 | 110.95 | -0.15 | -4.7 | 198.68 | -0.09 | -0.69 | 0 | 0 | 0 | 110.95 | -0.15 | -4.7 | 0.19 | 9.47 | 106.18 |
| 23Q3 (16) | 154.69 | 5.89 | 34.82 | 1047.61 | -5.14 | 2.16 | 84.49 | 17.56 | 227.48 | 0 | 0 | 0 | 201.73 | 161.17 | 486.42 | 8.93 | 66.29 | 180.82 | 57.72 | 116.26 | 110.27 | 11.22 | 45.89 | -10.88 | 1626.63 | -4.23 | -4.69 | 55.22 | -0.93 | 2.28 | 219.11 | -4.58 | -21.86 | 0.33 | 32.0 | -5.71 | 188.41 | 0.0 | 9.88 | 87.74 | 0.0 | 4.9 | 0 | 0 | 0 | 111.12 | 8.79 | 20.86 | 198.86 | 4.73 | 13.26 | 0 | 0 | -100.0 | 111.12 | 8.79 | 18.96 | 0.17 | 45.29 | 85.4 |
| 23Q2 (15) | 146.09 | 20.2 | 10.62 | 1104.38 | 1.61 | 11.66 | 71.87 | 26.13 | 57.23 | 0 | 0 | 0 | 77.24 | -15.17 | 344.67 | 5.37 | -47.86 | 524.42 | 26.69 | -31.72 | 16.4 | 7.69 | -43.51 | -3.39 | 1698.5 | 1.65 | 1.58 | 55.74 | 0.78 | 6.82 | 229.63 | -14.78 | -16.5 | 0.25 | -10.71 | 0.0 | 188.41 | 9.88 | 9.88 | 87.74 | 4.9 | 4.9 | 0 | 0 | 0 | 102.14 | -19.27 | 16.11 | 189.88 | -9.65 | 10.65 | 0 | 0 | -100.0 | 102.14 | -19.27 | 12.29 | 0.12 | 20.67 | 24.22 |
| 23Q1 (14) | 121.54 | -14.16 | 3.95 | 1086.9 | -1.49 | 13.66 | 56.98 | 120.34 | 28.1 | 0 | 0 | 0 | 91.05 | -36.86 | 29.53 | 10.3 | -57.19 | 10.63 | 39.09 | 13.47 | 51.39 | 13.62 | 5.26 | 124.95 | 1670.97 | -0.59 | 6.2 | 55.31 | -0.27 | 5.17 | 269.44 | -4.13 | 6.43 | 0.28 | -9.68 | 7.69 | 171.47 | 0.0 | 14.44 | 83.64 | 0.0 | 10.75 | 0 | 0 | 0 | 126.52 | 8.68 | -25.96 | 210.16 | 5.05 | -14.7 | 0 | 0 | -100.0 | 126.52 | 8.68 | -27.86 | 0.10 | 7.43 | 10.94 |
| 22Q4 (13) | 141.59 | 23.4 | 19.04 | 1103.35 | 7.59 | 20.57 | 25.86 | 0.23 | -69.38 | 0 | 0 | 0 | 144.21 | 319.22 | 50.39 | 24.06 | 656.6 | 202.64 | 34.45 | 25.5 | 34.41 | 12.94 | 2.73 | 123.54 | 1680.83 | -1.51 | 10.23 | 55.46 | 2.72 | 10.92 | 281.05 | 0.24 | 12.03 | 0.31 | -11.43 | 29.17 | 171.47 | 0.0 | 23.11 | 83.64 | 0.0 | 10.75 | 0 | 0 | 0 | 116.42 | 26.63 | -27.55 | 200.06 | 13.94 | -15.31 | 0 | -100.0 | -100.0 | 116.42 | 24.63 | -29.9 | 0.09 | -1.56 | -16.64 |
| 22Q3 (12) | 114.74 | -13.12 | 6.43 | 1025.49 | 3.69 | 21.06 | 25.8 | -43.56 | -82.91 | 0 | 0 | 0 | 34.4 | 98.04 | -67.05 | 3.18 | 269.77 | -84.69 | 27.45 | 19.71 | 12.96 | 12.59 | 58.16 | 114.27 | 1706.59 | 2.07 | 14.08 | 53.99 | 3.47 | -11.11 | 280.39 | 1.96 | 26.05 | 0.35 | 40.0 | 34.62 | 171.47 | 0.0 | 31.1 | 83.64 | 0.0 | 10.75 | 0 | 0 | 0 | 91.94 | 4.51 | -39.76 | 175.58 | 2.31 | -23.04 | 1.47 | -50.84 | -72.42 | 93.41 | 2.69 | -40.86 | 0.09 | -2.66 | -15.18 |
| 22Q2 (11) | 132.06 | 12.95 | -12.97 | 989.04 | 3.43 | 23.76 | 45.71 | 2.77 | -67.6 | 0 | 0 | 0 | 17.37 | -75.29 | -88.86 | 0.86 | -90.76 | -96.5 | 22.93 | -11.19 | 1.28 | 7.96 | 31.54 | 36.14 | 1672.0 | 6.26 | 19.98 | 52.18 | -0.78 | 12.46 | 274.99 | 8.62 | 27.18 | 0.25 | -3.85 | 25.0 | 171.47 | 14.44 | 32.82 | 83.64 | 10.75 | 14.64 | 0 | 0 | 0 | 87.97 | -48.52 | -34.96 | 171.61 | -30.35 | -17.58 | 2.99 | -33.56 | -40.08 | 90.96 | -48.13 | -35.14 | 0.09 | 7.77 | -14.46 |
| 22Q1 (10) | 116.92 | -1.7 | -8.42 | 956.24 | 4.49 | 29.04 | 44.48 | -47.34 | -50.35 | 0 | 0 | 0 | 70.29 | -26.7 | -18.87 | 9.31 | 17.11 | -67.41 | 25.82 | 0.74 | 40.25 | 6.05 | 4.6 | 2.12 | 1573.45 | 3.19 | 18.71 | 52.59 | 5.18 | 12.61 | 253.17 | 0.92 | -22.57 | 0.26 | 8.33 | 13.04 | 149.83 | 7.57 | 16.06 | 75.52 | 0.0 | 3.51 | 0 | 0 | 0 | 170.87 | 6.34 | 54.38 | 246.39 | 4.31 | 34.17 | 4.5 | -16.51 | -9.82 | 175.37 | 5.59 | 51.61 | 0.09 | -19.28 | -17.72 |
| 21Q4 (9) | 118.94 | 10.32 | 12.86 | 915.14 | 8.03 | 22.39 | 84.46 | -44.06 | -19.24 | 0 | 0 | 0 | 95.89 | -8.14 | 44.24 | 7.95 | -61.72 | 241.2 | 25.63 | 5.47 | 44.88 | 5.79 | -1.53 | -19.96 | 1524.79 | 1.93 | 14.96 | 50.0 | -17.68 | 7.94 | 250.86 | 12.78 | -13.3 | 0.24 | -7.69 | -7.69 | 139.28 | 6.49 | 7.94 | 75.52 | 0.0 | 3.51 | 0 | 0 | 0 | 160.69 | 5.28 | 48.87 | 236.22 | 3.54 | 30.59 | 5.39 | 1.13 | 0.75 | 166.08 | 5.14 | 46.6 | 0.11 | 0.16 | 6.26 |
| 21Q3 (8) | 107.81 | -28.95 | 6.09 | 847.09 | 6.0 | 22.45 | 150.98 | 7.02 | 160.99 | 0 | 0 | 0 | 104.39 | -33.04 | 33.83 | 20.77 | -15.5 | 179.54 | 24.3 | 7.33 | 31.07 | 5.88 | 0.48 | -22.69 | 1495.96 | 7.35 | 17.59 | 60.74 | 30.91 | 32.74 | 222.44 | 2.88 | -25.79 | 0.26 | 30.0 | -7.14 | 130.79 | 1.31 | 1.92 | 75.52 | 3.51 | 3.51 | 0 | 0 | 0 | 152.63 | 12.84 | 44.52 | 228.15 | 9.57 | 27.77 | 5.33 | 6.81 | 5.34 | 157.96 | 12.63 | 42.73 | 0.11 | -1.83 | 10.9 |
| 21Q2 (7) | 151.74 | 18.85 | 82.93 | 799.15 | 7.84 | 12.2 | 141.07 | 57.48 | 151.82 | 0 | 0 | 0 | 155.91 | 79.95 | 96.31 | 24.58 | -13.97 | 49.6 | 22.64 | 22.98 | 27.77 | 5.85 | -1.33 | 0 | 1393.56 | 5.14 | 9.4 | 46.4 | -0.64 | 1.11 | 216.22 | -33.87 | -27.08 | 0.2 | -13.04 | -9.09 | 129.1 | 0.0 | 0.6 | 72.96 | 0.0 | 0.0 | 0 | 0 | 0 | 135.26 | 22.21 | 37.75 | 208.22 | 13.38 | 21.66 | 4.99 | 0.0 | -4.22 | 140.25 | 21.25 | 35.64 | 0.11 | 3.66 | 12.53 |
| 21Q1 (6) | 127.67 | 21.14 | 17.94 | 741.02 | -0.9 | 10.52 | 89.58 | -14.34 | 1304.08 | 0 | 0 | 0 | 86.64 | 30.32 | 317.95 | 28.57 | 1126.18 | 10481.48 | 18.41 | 4.07 | 1.43 | 5.93 | -18.02 | 0 | 1325.43 | -0.07 | 12.39 | 46.7 | 0.82 | 1.5 | 326.96 | 13.0 | -5.82 | 0.23 | -11.54 | 4.55 | 129.1 | 0.05 | 10.66 | 72.96 | 0.0 | 0.95 | 0 | 0 | 0 | 110.68 | 2.54 | 4.64 | 183.64 | 1.52 | 3.15 | 4.99 | -6.73 | -2.16 | 115.67 | 2.1 | 4.33 | 0.11 | 4.25 | -5.99 |
| 20Q4 (5) | 105.39 | 3.71 | -13.81 | 747.72 | 8.09 | 31.59 | 104.58 | 80.78 | 3953.49 | 0 | 0 | 0 | 66.48 | -14.77 | 1.16 | 2.33 | -68.64 | -65.94 | 17.69 | -4.58 | -7.24 | 7.23 | -4.88 | 0 | 1326.33 | 4.26 | 25.16 | 46.32 | 1.22 | -0.52 | 289.35 | -3.47 | -17.54 | 0.26 | -7.14 | 4.0 | 129.03 | 0.55 | 10.6 | 72.96 | 0.0 | 0.95 | 0 | 0 | 0 | 107.94 | 2.21 | 1.55 | 180.89 | 1.3 | 1.3 | 5.35 | 5.73 | 0.38 | 113.29 | 2.37 | 1.5 | 0.10 | 4.53 | -12.54 |
| 20Q3 (4) | 101.62 | 22.51 | 0.0 | 691.76 | -2.87 | 0.0 | 57.85 | 3.27 | 0.0 | 0 | 0 | 0.0 | 78.0 | -1.79 | 0.0 | 7.43 | -54.78 | 0.0 | 18.54 | 4.63 | 0.0 | 7.60 | 0 | 0.0 | 1272.16 | -0.13 | 0.0 | 45.76 | -0.28 | 0.0 | 299.74 | 1.08 | 0.0 | 0.28 | 27.27 | 0.0 | 128.33 | 0.0 | 0.0 | 72.96 | 0.0 | 0.0 | 0 | 0 | 0.0 | 105.61 | 7.56 | 0.0 | 178.57 | 4.34 | 0.0 | 5.06 | -2.88 | 0.0 | 110.67 | 7.03 | 0.0 | 0.10 | -0.38 | 0.0 |
