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) | 29.7 | -8.19 | 33.1 | -18.87 | 74.79 | 20.36 | 0 | 0 | 74.81 | 27.62 | -0.93 | 0 | 12.95 | 15.21 | 17.31 | -9.72 | 82.01 | 2.1 | 136.79 | -2.7 | 252.56 | 5.59 | 41.41 | 5.94 | 88.01 | 0.0 | 2.97 | 2.77 | 0.04 | 100.0 | 4.02 | -20.87 | 7.03 | -12.02 | -0.04 | 0 | 3.98 | -21.03 | 0.08 | 19.27 |
| 2022 (9) | 32.35 | -6.34 | 40.8 | 9.47 | 62.14 | -29.02 | 0 | 0 | 58.62 | -14.67 | 0.74 | 23.33 | 11.24 | -3.44 | 19.17 | 13.17 | 80.32 | -0.41 | 140.59 | -3.42 | 239.2 | 12.25 | 39.09 | 5.88 | 88.01 | -2.22 | 2.89 | 2.12 | 0.02 | 100.0 | 5.08 | -17.26 | 7.99 | -11.02 | -0.04 | 0 | 5.04 | -17.65 | 0.07 | 69.65 |
| 2021 (8) | 34.54 | -3.11 | 37.27 | -14.03 | 87.55 | 298.5 | 0 | 0 | 68.7 | 1.45 | 0.6 | -90.37 | 11.64 | 139.01 | 16.94 | 135.6 | 80.65 | -6.31 | 145.57 | -3.97 | 213.1 | -26.81 | 36.92 | 6.43 | 90.01 | 0.0 | 2.83 | 28.05 | 0.01 | -66.67 | 6.14 | -47.52 | 8.98 | -35.58 | -0.02 | 0 | 6.12 | -47.69 | 0.04 | -5.17 |
| 2020 (7) | 35.65 | 1.74 | 43.35 | 26.2 | 21.97 | -11.41 | 0 | 0 | 67.72 | 7.07 | 6.23 | 53.07 | 4.87 | -28.17 | 7.19 | -32.91 | 86.08 | -9.84 | 151.59 | -4.44 | 291.15 | 16.8 | 34.69 | 6.61 | 90.01 | -1.34 | 2.21 | 22.78 | 0.03 | -25.0 | 11.7 | 3.08 | 13.94 | 5.69 | 0 | 0 | 11.7 | 3.36 | 0.04 | -1.65 |
| 2019 (6) | 35.04 | -21.54 | 34.35 | 54.45 | 24.8 | -58.4 | 0 | 0 | 63.25 | -80.2 | 4.07 | -87.92 | 6.78 | 5.12 | 10.72 | 430.93 | 95.48 | 3.42 | 158.63 | 21.83 | 249.28 | 30.28 | 32.54 | 16.13 | 91.23 | 2.0 | 1.8 | 0 | 0.04 | 0 | 11.35 | -36.94 | 13.19 | -26.72 | -0.03 | 0 | 11.32 | -36.97 | 0.04 | 2.62 |
| 2018 (5) | 44.66 | 133.46 | 22.24 | -50.38 | 59.62 | -76.18 | 0 | 0 | 319.47 | 124.77 | 33.68 | 0 | 6.45 | -17.73 | 2.02 | -63.4 | 92.32 | -70.44 | 130.21 | -1.48 | 191.34 | 19.86 | 28.02 | 7.73 | 89.44 | 0.0 | 0 | 0 | 0 | 0 | 18.0 | 0 | 18.0 | 0 | -0.04 | 0 | 17.96 | 0 | 0.04 | -38.56 |
| 2017 (4) | 19.13 | -3.24 | 44.82 | -41.72 | 250.28 | 9.06 | 0 | 0 | 142.13 | 323.38 | -7.58 | 0 | 7.84 | 13.79 | 5.52 | -73.12 | 312.35 | -18.46 | 132.16 | 42.97 | 159.64 | 5.75 | 26.01 | 8.15 | 89.44 | 0.0 | 0 | 0 | 0 | 0 | -36.23 | 0 | -36.23 | 0 | -0.01 | 0 | -36.24 | 0 | 0.07 | 69.93 |
| 2016 (3) | 19.77 | -9.35 | 76.9 | -7.04 | 229.48 | 8.74 | 0 | 0 | 33.57 | -6.39 | -49.69 | 0 | 6.89 | 10.42 | 20.52 | 17.95 | 383.06 | 6.76 | 92.44 | 14.32 | 150.96 | 50.85 | 24.05 | -0.7 | 89.44 | 0.0 | 4.24 | -64.9 | 0 | 0 | -49.68 | 0 | -45.45 | 0 | -0.01 | 0 | -49.69 | 0 | 0.04 | 53.63 |
| 2015 (2) | 21.81 | -9.09 | 82.72 | 111.89 | 211.04 | -10.93 | 0 | 0 | 35.86 | -5.26 | -13.76 | 0 | 6.24 | -22.39 | 17.40 | -18.08 | 358.82 | 16.0 | 80.86 | 6.41 | 100.07 | 52.36 | 24.22 | -2.42 | 89.44 | 1.88 | 12.08 | 0.0 | 0 | 0 | -7.84 | 0 | 4.24 | -76.44 | 0.01 | 0.0 | -7.83 | 0 | 0.03 | 14.24 |
| 2014 (1) | 23.99 | -12.73 | 39.04 | 58.51 | 236.93 | 31.1 | 0 | 0 | 37.85 | -87.55 | -4.25 | 0 | 8.04 | 267.12 | 21.24 | 2847.75 | 309.32 | 34.24 | 75.99 | 6.83 | 65.68 | 13.75 | 24.82 | -1.35 | 87.79 | 2.2 | 12.08 | 10.32 | 0 | 0 | 5.93 | -47.43 | 18.0 | -19.17 | 0.01 | 0 | 5.94 | -47.34 | 0.02 | 60.65 |
| 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) | 14.8 | -55.33 | -47.31 | 15.04 | -14.88 | -58.23 | 85.83 | -1.42 | 11.4 | 0 | 0 | 0 | 17.71 | 2.67 | 3.51 | -0.64 | 27.27 | -357.14 | 11.34 | -3.32 | 8.62 | 14.83 | -4.08 | -7.58 | 87.63 | 2.13 | 8.25 | 132.93 | -1.55 | -3.79 | 272.33 | 1.62 | 10.3 | 43.78 | 4.84 | 5.83 | 95.51 | 0.0 | 8.52 | 2.97 | 0.0 | 0.0 | 0.04 | 0.0 | 0.0 | 1.54 | -29.03 | -52.32 | 4.54 | -12.36 | -27.13 | -0.03 | 25.0 | 25.0 | 1.51 | -29.11 | -52.66 | 0.09 | 2.12 | 20.39 |
| 24Q2 (19) | 33.13 | 45.24 | 79.66 | 17.67 | -34.41 | -61.33 | 87.07 | 18.4 | 51.88 | 0 | 0 | 0 | 17.25 | 18.64 | -7.9 | -0.88 | 8.33 | -37.5 | 11.73 | 2.18 | 19.45 | 15.46 | 4.17 | -2.0 | 85.8 | 2.36 | 4.16 | 135.02 | -0.97 | -2.17 | 268.0 | 0.95 | 12.58 | 41.76 | 1.19 | 0.22 | 95.51 | 0.0 | 8.52 | 2.97 | 0.0 | 0.0 | 0.04 | 0.0 | 0.0 | 2.17 | -29.08 | -35.42 | 5.18 | -14.52 | -18.68 | -0.04 | 0.0 | 0.0 | 2.13 | -29.47 | -35.84 | 0.09 | 3.9 | 20.41 |
| 24Q1 (18) | 22.81 | -23.2 | 2.1 | 26.94 | -18.61 | -40.01 | 73.54 | -1.67 | 31.82 | 0 | 0 | 0 | 14.54 | -46.05 | 20.97 | -0.96 | -215.66 | 2.04 | 11.48 | -11.35 | 15.49 | 14.85 | -14.24 | -13.15 | 83.82 | 2.21 | 0.76 | 136.34 | -0.33 | -2.21 | 265.49 | 5.12 | 9.15 | 41.27 | -0.34 | 5.23 | 95.51 | 8.52 | 8.52 | 2.97 | 0.0 | 2.77 | 0.04 | 0.0 | 100.0 | 3.06 | -23.88 | -25.37 | 6.06 | -13.8 | -13.43 | -0.04 | 0.0 | 0.0 | 3.02 | -24.12 | -25.62 | 0.08 | -1.13 | 15.23 |
| 23Q4 (17) | 29.7 | 5.73 | -8.19 | 33.1 | -8.08 | -18.87 | 74.79 | -2.93 | 20.36 | 0 | 0 | 0 | 26.95 | 57.51 | 56.78 | 0.83 | 692.86 | 112.82 | 12.95 | 24.04 | 15.21 | 17.31 | 7.86 | -9.72 | 82.01 | 1.31 | 2.1 | 136.79 | -0.99 | -2.7 | 252.56 | 2.29 | 5.59 | 41.41 | 0.1 | 5.94 | 88.01 | 0.0 | 0.0 | 2.97 | 0.0 | 2.77 | 0.04 | 0.0 | 100.0 | 4.02 | 24.46 | -20.87 | 7.03 | 12.84 | -12.02 | -0.04 | 0.0 | 0.0 | 3.98 | 24.76 | -21.03 | 0.08 | 14.76 | 19.27 |
| 23Q3 (16) | 28.09 | 52.33 | -7.11 | 36.01 | -21.19 | -16.49 | 77.05 | 34.4 | 32.66 | 0 | 0 | 0 | 17.11 | -8.65 | 19.73 | -0.14 | 78.12 | 50.0 | 10.44 | 6.31 | 2.15 | 16.05 | 1.7 | 12.0 | 80.95 | -1.72 | 1.25 | 138.16 | 0.1 | -2.1 | 246.91 | 3.72 | -2.78 | 41.37 | -0.72 | 5.59 | 88.01 | 0.0 | 0.0 | 2.97 | 0.0 | 2.77 | 0.04 | 0.0 | 100.0 | 3.23 | -3.87 | -30.69 | 6.23 | -2.2 | -17.7 | -0.04 | 0.0 | -300.0 | 3.19 | -3.92 | -31.4 | 0.07 | 2.14 | 5.48 |
| 23Q2 (15) | 18.44 | -17.46 | -49.58 | 45.69 | 1.74 | 22.62 | 57.33 | 2.76 | 16.62 | 0 | 0 | 0 | 18.73 | 55.82 | 27.85 | -0.64 | 34.69 | -186.49 | 9.82 | -1.21 | -10.73 | 15.78 | -7.68 | 0.81 | 82.37 | -0.99 | 2.26 | 138.02 | -1.0 | -3.17 | 238.05 | -2.13 | -8.68 | 41.67 | 6.25 | 13.7 | 88.01 | 0.0 | 0.0 | 2.97 | 2.77 | 2.77 | 0.04 | 100.0 | 100.0 | 3.36 | -18.05 | -32.12 | 6.37 | -9.0 | -18.85 | -0.04 | 0.0 | -300.0 | 3.32 | -18.23 | -32.79 | 0.07 | -0.56 | 11.0 |
| 23Q1 (14) | 22.34 | -30.94 | -10.35 | 44.91 | 10.07 | 35.97 | 55.79 | -10.22 | -35.49 | 0 | 0 | 0 | 12.02 | -30.08 | -3.76 | -0.98 | -351.28 | -790.91 | 9.94 | -11.57 | -3.96 | 17.09 | -10.85 | 13.08 | 83.19 | 3.57 | 2.7 | 139.42 | -0.83 | -3.13 | 243.24 | 1.69 | 12.06 | 39.22 | 0.33 | 7.19 | 88.01 | 0.0 | 0.0 | 2.89 | 0.0 | 2.12 | 0.02 | 0.0 | 100.0 | 4.1 | -19.29 | -32.01 | 7.0 | -12.39 | -21.08 | -0.04 | 0.0 | -300.0 | 4.06 | -19.44 | -32.56 | 0.07 | 2.33 | 69.43 |
| 22Q4 (13) | 32.35 | 6.98 | -6.34 | 40.8 | -5.38 | 9.47 | 62.14 | 6.99 | -29.02 | 0 | 0 | 0 | 17.19 | 20.29 | -42.49 | 0.39 | 239.29 | -82.97 | 11.24 | 9.98 | -3.44 | 19.17 | 33.81 | 13.17 | 80.32 | 0.46 | -0.41 | 140.59 | -0.38 | -3.42 | 239.2 | -5.82 | 12.25 | 39.09 | -0.23 | 5.88 | 88.01 | 0.0 | -2.22 | 2.89 | 0.0 | 2.12 | 0.02 | 0.0 | 100.0 | 5.08 | 9.01 | -17.26 | 7.99 | 5.55 | -11.02 | -0.04 | -300.0 | -100.0 | 5.04 | 8.39 | -17.65 | 0.07 | 1.49 | 69.65 |
| 22Q3 (12) | 30.24 | -17.31 | 20.82 | 43.12 | 15.73 | 10.31 | 58.08 | 18.14 | -18.29 | 0 | 0 | 0 | 14.29 | -2.46 | 7.93 | -0.28 | -137.84 | 61.64 | 10.22 | -7.09 | -2.76 | 14.33 | -8.46 | -21.79 | 79.95 | -0.74 | -8.74 | 141.12 | -1.0 | -3.89 | 253.98 | -2.57 | 5.63 | 39.18 | 6.9 | 6.93 | 88.01 | 0.0 | -2.22 | 2.89 | 0.0 | 2.12 | 0.02 | 0.0 | 100.0 | 4.66 | -5.86 | 21.67 | 7.57 | -3.57 | 13.49 | -0.01 | 0.0 | 0 | 4.65 | -5.87 | 21.41 | 0.07 | 7.49 | 67.77 |
| 22Q2 (11) | 36.57 | 46.75 | 40.11 | 37.26 | 12.81 | 2.31 | 49.16 | -43.15 | 101.97 | 0 | 0 | 0 | 14.65 | 17.29 | 14.01 | 0.74 | 772.73 | 180.43 | 11.0 | 6.28 | 9.67 | 15.65 | 3.56 | 2.29 | 80.55 | -0.56 | -5.44 | 142.54 | -0.97 | -4.12 | 260.68 | 20.1 | -8.25 | 36.65 | 0.16 | 3.62 | 88.01 | 0.0 | -2.22 | 2.89 | 2.12 | 30.77 | 0.02 | 100.0 | -33.33 | 4.95 | -17.91 | -53.91 | 7.85 | -11.5 | -39.52 | -0.01 | 0.0 | 0 | 4.94 | -17.94 | -54.0 | 0.06 | 51.78 | 47.64 |
| 22Q1 (10) | 24.92 | -27.85 | -11.51 | 33.03 | -11.38 | -9.7 | 86.48 | -1.22 | 300.93 | 0 | 0 | 0 | 12.49 | -58.21 | -1.81 | -0.11 | -104.8 | -175.0 | 10.35 | -11.08 | 116.53 | 15.12 | -10.78 | 109.73 | 81.0 | 0.43 | -6.11 | 143.93 | -1.13 | -4.16 | 217.06 | 1.86 | -24.6 | 36.59 | -0.89 | 3.45 | 88.01 | -2.22 | -2.22 | 2.83 | 0.0 | 28.05 | 0.01 | 0.0 | -66.67 | 6.03 | -1.79 | -48.28 | 8.87 | -1.22 | -36.19 | -0.01 | 50.0 | 0 | 6.02 | -1.63 | -48.37 | 0.04 | 2.47 | -5.07 |
| 21Q4 (9) | 34.54 | 37.99 | -3.11 | 37.27 | -4.66 | -14.03 | 87.55 | 23.17 | 298.5 | 0 | 0 | 0 | 29.89 | 125.76 | 61.13 | 2.29 | 413.7 | -34.38 | 11.64 | 10.75 | 139.01 | 16.94 | -7.53 | 135.6 | 80.65 | -7.94 | -6.31 | 145.57 | -0.86 | -3.97 | 213.1 | -11.37 | -26.81 | 36.92 | 0.76 | 6.43 | 90.01 | 0.0 | 0.0 | 2.83 | 0.0 | 28.05 | 0.01 | 0.0 | -66.67 | 6.14 | 60.31 | -47.52 | 8.98 | 34.63 | -35.58 | -0.02 | 0 | 0 | 6.12 | 59.79 | -47.69 | 0.04 | 0.37 | -5.17 |
| 21Q3 (8) | 25.03 | -4.1 | -27.58 | 39.09 | 7.33 | -2.71 | 71.08 | 192.03 | 152.5 | 0 | 0 | 0 | 13.24 | 3.04 | -38.19 | -0.73 | 20.65 | -133.95 | 10.51 | 4.79 | 89.03 | 18.32 | 19.73 | 117.27 | 87.61 | 2.85 | -0.62 | 146.83 | -1.23 | -4.46 | 240.44 | -15.37 | -10.12 | 36.64 | 3.59 | 6.73 | 90.01 | 0.0 | 0.0 | 2.83 | 28.05 | 28.05 | 0.01 | -66.67 | -66.67 | 3.83 | -64.34 | -53.35 | 6.67 | -48.61 | -36.17 | 0 | 0 | 100.0 | 3.83 | -64.34 | -53.18 | 0.04 | -5.41 | -5.7 |
| 21Q2 (7) | 26.1 | -7.32 | -24.91 | 36.42 | -0.44 | -8.88 | 24.34 | 12.84 | -26.99 | 0 | 0 | 0 | 12.85 | 1.02 | -5.72 | -0.92 | -2200.0 | -219.48 | 10.03 | 109.83 | 74.74 | 15.30 | 112.33 | 0 | 85.18 | -1.26 | -9.01 | 148.66 | -1.01 | -4.23 | 284.11 | -1.31 | 9.72 | 35.37 | 0.0 | 4.68 | 90.01 | 0.0 | -1.34 | 2.21 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | 10.74 | -7.89 | 77.23 | 12.98 | -6.62 | 56.39 | 0 | 0 | 100.0 | 10.74 | -7.89 | 78.11 | 0.04 | -2.41 | 3.01 |
| 21Q1 (6) | 28.16 | -21.01 | -3.96 | 36.58 | -15.62 | -3.86 | 21.57 | -1.82 | -32.82 | 0 | 0 | 0 | 12.72 | -31.43 | -9.92 | -0.04 | -101.15 | 78.95 | 4.78 | -1.85 | -11.65 | 7.21 | 0.22 | 0 | 86.27 | 0.22 | -8.15 | 150.17 | -0.94 | -4.46 | 287.89 | -1.12 | 15.37 | 35.37 | 1.96 | 4.58 | 90.01 | 0.0 | -1.34 | 2.21 | 0.0 | 22.78 | 0.03 | 0.0 | -25.0 | 11.66 | -0.34 | 4.48 | 13.9 | -0.29 | 6.92 | 0 | 0 | 100.0 | 11.66 | -0.34 | 4.76 | 0.04 | 2.37 | 9.7 |
| 20Q4 (5) | 35.65 | 3.15 | 1.74 | 43.35 | 7.89 | 26.2 | 21.97 | -21.95 | -11.41 | 0 | 0 | 0 | 18.55 | -13.4 | 10.68 | 3.49 | 62.33 | 420.9 | 4.87 | -12.41 | -28.17 | 7.19 | -14.73 | 0 | 86.08 | -2.36 | -9.84 | 151.59 | -1.37 | -4.44 | 291.15 | 8.83 | 16.8 | 34.69 | 1.05 | 6.61 | 90.01 | 0.0 | -1.34 | 2.21 | 0.0 | 22.78 | 0.03 | 0.0 | -25.0 | 11.7 | 42.51 | 3.08 | 13.94 | 33.4 | 5.69 | 0 | 100.0 | 100.0 | 11.7 | 43.03 | 3.36 | 0.04 | -0.2 | -1.65 |
| 20Q3 (4) | 34.56 | -0.58 | 0.0 | 40.18 | 0.53 | 0.0 | 28.15 | -15.57 | 0.0 | 0 | 0 | 0.0 | 21.42 | 57.15 | 0.0 | 2.15 | 179.22 | 0.0 | 5.56 | -3.14 | 0.0 | 8.43 | 0 | 0.0 | 88.16 | -5.82 | 0.0 | 153.69 | -0.99 | 0.0 | 267.52 | 3.31 | 0.0 | 34.33 | 1.6 | 0.0 | 90.01 | -1.34 | 0.0 | 2.21 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | 8.21 | 35.48 | 0.0 | 10.45 | 25.9 | 0.0 | -0.03 | 0.0 | 0.0 | 8.18 | 35.66 | 0.0 | 0.04 | 3.33 | 0.0 |
