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) | 15.14 | -10.89 | 121.12 | 38.39 | 12.93 | -49.57 | 0 | 0 | 158.05 | 6.41 | 35.82 | 21.14 | 1.76 | 22.22 | 1.11 | 14.86 | 365.0 | 6.8 | 3.65 | -30.34 | 28.39 | -13.68 | 0 | 0 | 27.68 | 0.0 | 42.98 | 7.4 | 0 | 0 | 136.19 | 9.74 | 179.17 | 9.17 | 0.12 | 0.0 | 136.31 | 9.73 | 0.00 | -83.56 |
| 2022 (9) | 16.99 | -29.0 | 87.52 | -1.13 | 25.64 | 2.07 | 0 | 0 | 148.53 | 9.64 | 29.57 | 1.27 | 1.44 | -27.27 | 0.97 | -33.67 | 341.76 | -1.06 | 5.24 | -4.03 | 32.89 | -19.23 | 0 | 0 | 27.68 | 0.0 | 40.02 | 7.9 | 0 | 0 | 124.1 | 5.01 | 164.12 | 5.7 | 0.12 | 100.0 | 124.22 | 5.06 | 0.01 | -27.79 |
| 2021 (8) | 23.93 | 368.3 | 88.52 | 231.91 | 25.12 | 18.1 | 0 | 0 | 135.47 | 19.48 | 29.2 | 5.04 | 1.98 | -21.74 | 1.46 | -34.5 | 345.43 | 19.29 | 5.46 | -2.33 | 40.72 | -16.85 | 0 | 0 | 27.68 | 0.0 | 37.09 | 8.1 | 0 | 0 | 118.18 | 6.38 | 155.27 | 6.78 | 0.06 | -33.33 | 118.24 | 6.35 | 0.01 | -4.61 |
| 2020 (7) | 5.11 | -58.72 | 26.67 | -26.06 | 21.27 | 32.77 | 0 | 0 | 113.38 | -42.8 | 27.8 | -11.49 | 2.53 | 1.2 | 2.23 | 76.91 | 289.58 | 4.59 | 5.59 | -1.06 | 48.97 | 4.26 | 0 | 0 | 27.68 | 0.0 | 34.31 | 10.07 | 0 | 0 | 111.09 | 3.61 | 145.41 | 5.07 | 0.09 | 350.0 | 111.18 | 3.67 | 0.01 | -7.47 |
| 2019 (6) | 12.38 | -18.34 | 36.07 | -59.72 | 16.02 | -6.32 | 0 | 0 | 198.2 | 327.34 | 31.41 | 263.54 | 2.5 | -22.6 | 1.26 | -81.89 | 276.87 | -11.38 | 5.65 | -3.42 | 46.97 | 5.91 | 0 | 0 | 27.68 | 0.0 | 31.17 | 2.84 | 0 | 0 | 107.22 | 18.49 | 138.39 | 14.56 | 0.02 | -88.89 | 107.24 | 18.28 | 0.01 | -26.56 |
| 2018 (5) | 15.16 | 71.3 | 89.55 | 72.01 | 17.1 | -3.88 | 0 | 0 | 46.38 | -55.3 | 8.64 | -60.33 | 3.23 | 3.86 | 6.96 | 132.35 | 312.42 | 22.51 | 5.85 | 5.22 | 44.35 | 11.85 | 0 | 0 | 27.68 | 0.0 | 30.31 | 7.75 | 0 | 0 | 90.49 | -7.99 | 120.8 | -4.49 | 0.18 | 20.0 | 90.67 | -7.95 | 0.01 | -46.33 |
| 2017 (4) | 8.85 | -24.62 | 52.06 | -44.89 | 17.79 | 26.35 | 0 | 0 | 103.76 | -11.99 | 21.78 | -9.81 | 3.11 | 1536.84 | 3.00 | 1759.75 | 255.02 | -12.91 | 5.56 | 91.07 | 39.65 | 226.07 | 0 | 0 | 27.68 | 0.0 | 28.13 | 9.37 | 0 | 0 | 98.35 | 5.87 | 126.48 | 6.63 | 0.15 | -42.31 | 98.5 | 5.73 | 0.02 | 2.82 |
| 2016 (3) | 11.74 | 201.03 | 94.47 | -20.2 | 14.08 | -5.76 | 0 | 0 | 117.89 | 56.23 | 24.15 | -8.94 | 0.19 | -66.67 | 0.16 | -78.66 | 292.81 | -6.51 | 2.91 | 592.86 | 12.16 | 10.14 | 0 | 0 | 27.68 | 0.0 | 25.72 | 11.49 | 0 | 0 | 92.9 | 8.99 | 118.62 | 9.52 | 0.26 | -74.26 | 93.16 | 8.01 | 0.02 | -14.29 |
| 2015 (2) | 3.9 | -57.88 | 118.39 | 3.9 | 14.94 | 14.92 | 0 | 0 | 75.46 | 17.14 | 26.52 | 88.62 | 0.57 | -30.49 | 0.76 | -40.66 | 313.21 | 15.86 | 0.42 | -4.55 | 11.04 | -9.36 | 0 | 0 | 27.68 | 0.0 | 23.07 | 6.51 | 0 | 0 | 85.24 | 17.36 | 108.31 | 14.87 | 1.01 | -22.31 | 86.25 | 16.66 | 0.02 | -13.01 |
| 2014 (1) | 9.26 | 254.79 | 113.95 | 9.75 | 13.0 | -20.54 | 0 | 0 | 64.42 | -37.27 | 14.06 | -54.14 | 0.82 | 36.67 | 1.27 | 117.86 | 270.33 | 0.61 | 0.44 | 7.32 | 12.18 | 50.56 | 0 | 0 | 27.68 | 0.0 | 21.66 | 16.51 | 0 | 0 | 72.63 | -3.78 | 94.29 | 0.23 | 1.3 | 49.43 | 73.93 | -3.17 | 0.03 | -15.14 |
| 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) | 65.61 | 249.36 | 383.14 | 159.81 | 4.31 | 50.45 | 52.7 | 232.07 | 136.01 | 0 | 0 | 0 | 54.23 | 212.38 | 87.97 | 13.15 | 363.03 | 112.1 | 2.45 | -8.92 | 36.87 | 1.78 | -25.71 | -4.67 | 400.36 | -0.6 | 13.86 | 3.13 | 0.64 | -15.63 | 31.84 | 59.68 | 3.38 | 0 | 0 | 0 | 30.45 | 0.0 | 10.01 | 46.56 | 0.0 | 8.33 | 0 | 0 | 0 | 124.32 | 11.83 | 2.35 | 170.88 | 8.34 | 3.92 | 0.36 | 0.0 | 176.92 | 124.68 | 11.79 | 2.53 | 0.00 | -6.49 | -56.27 |
| 24Q2 (19) | 18.78 | 117.11 | 3.47 | 153.21 | 22.45 | 43.43 | 15.87 | 21.61 | -7.25 | 0 | 0 | 0 | 17.36 | 24700.0 | 8.09 | 2.84 | 478.67 | -6.27 | 2.69 | 39.38 | 92.14 | 2.40 | 37.76 | 44.73 | 402.78 | 7.61 | 18.3 | 3.11 | -13.85 | -15.49 | 19.94 | -23.1 | -47.54 | 0 | 0 | 0 | 30.45 | 10.01 | 10.01 | 46.56 | 8.33 | 8.33 | 0 | 0 | 0 | 111.17 | -3.06 | -3.55 | 157.73 | 0.04 | -0.32 | 0.36 | 176.92 | 260.0 | 111.53 | -2.86 | -3.32 | 0.00 | -32.35 | -70.63 |
| 24Q1 (18) | 8.65 | -42.87 | -63.32 | 125.12 | 3.3 | 41.03 | 13.05 | 0.93 | -46.05 | 0 | 0 | 0 | 0.07 | -99.89 | -99.85 | -0.75 | -105.09 | -106.33 | 1.93 | 9.66 | 34.03 | 1.74 | 56.16 | 102.05 | 374.3 | 2.55 | 11.86 | 3.61 | -1.1 | -11.74 | 25.93 | -8.67 | -14.56 | 0 | 0 | 0 | 27.68 | 0.0 | 0.0 | 42.98 | 0.0 | 7.4 | 0 | 0 | 0 | 114.68 | -15.79 | -15.65 | 157.66 | -12.01 | -10.41 | 0.13 | 8.33 | -7.14 | 114.81 | -15.77 | -15.64 | 0.00 | -0.86 | -52.46 |
| 23Q4 (17) | 15.14 | 11.49 | -10.89 | 121.12 | 14.03 | 38.39 | 12.93 | -42.1 | -49.57 | 0 | 0 | 0 | 66.01 | 128.8 | 1619.01 | 14.73 | 137.58 | 2684.21 | 1.76 | -1.68 | 22.22 | 1.11 | -40.35 | 14.85 | 365.0 | 3.8 | 6.8 | 3.65 | -1.62 | -30.34 | 28.39 | -7.82 | -13.68 | 0 | 0 | 0 | 27.68 | 0.0 | 0.0 | 42.98 | 0.0 | 7.4 | 0 | 0 | 0 | 136.19 | 12.12 | 9.74 | 179.17 | 8.96 | 9.17 | 0.12 | -7.69 | 0.0 | 136.31 | 12.1 | 9.73 | 0.00 | -30.28 | -83.56 |
| 23Q3 (16) | 13.58 | -25.18 | -33.0 | 106.22 | -0.56 | 56.85 | 22.33 | 30.51 | -18.95 | 0 | 0 | 0 | 28.85 | 79.64 | 64.48 | 6.2 | 104.62 | 130.48 | 1.79 | 27.86 | 12.58 | 1.87 | 12.78 | 129.09 | 351.64 | 3.28 | 11.68 | 3.71 | 0.82 | -32.3 | 30.8 | -18.97 | -11.57 | 0 | 0 | 0 | 27.68 | 0.0 | 0.0 | 42.98 | 0.0 | 7.4 | 0 | 0 | 0 | 121.47 | 5.39 | -2.54 | 164.44 | 3.92 | -0.13 | 0.13 | 30.0 | -23.53 | 121.6 | 5.41 | -2.57 | 0.00 | -37.19 | -78.64 |
| 23Q2 (15) | 18.15 | -23.03 | -47.72 | 106.82 | 20.4 | 46.89 | 17.11 | -29.27 | -7.61 | 0 | 0 | 0 | 16.06 | -65.93 | -83.74 | 3.03 | -74.43 | -85.29 | 1.4 | -2.78 | -13.04 | 1.66 | 92.33 | 140.64 | 340.46 | 1.75 | 8.88 | 3.68 | -10.02 | -32.6 | 38.01 | 25.24 | 42.68 | 0 | 0 | 0 | 27.68 | 0.0 | 0.0 | 42.98 | 7.4 | 7.4 | 0 | 0 | 0 | 115.26 | -15.22 | -5.49 | 158.24 | -10.08 | -2.3 | 0.1 | -28.57 | -28.57 | 115.36 | -15.23 | -5.51 | 0.00 | 9.49 | -65.56 |
| 23Q1 (14) | 23.58 | 38.79 | -15.7 | 88.72 | 1.37 | -16.57 | 24.19 | -5.66 | 4.36 | 0 | 0 | 0 | 47.14 | 1127.6 | 66.28 | 11.85 | 2178.95 | 72.99 | 1.44 | 0.0 | -35.14 | 0.86 | -11.23 | -40.95 | 334.6 | -2.1 | -9.06 | 4.09 | -21.95 | -26.44 | 30.35 | -7.72 | -18.19 | 0 | 0 | 0 | 27.68 | 0.0 | 0.0 | 40.02 | 0.0 | 7.9 | 0 | 0 | 0 | 135.95 | 9.55 | 8.73 | 175.97 | 7.22 | 8.54 | 0.14 | 16.67 | -17.65 | 136.09 | 9.56 | 8.7 | 0.00 | -65.71 | -67.94 |
| 22Q4 (13) | 16.99 | -16.18 | -29.0 | 87.52 | 29.24 | -1.13 | 25.64 | -6.93 | 2.07 | 0 | 0 | 0 | 3.84 | -78.11 | -92.39 | -0.57 | -121.19 | -104.57 | 1.44 | -9.43 | -27.27 | 0.97 | 18.98 | -33.67 | 341.76 | 8.55 | -1.06 | 5.24 | -4.38 | -4.03 | 32.89 | -5.57 | -19.23 | 0 | 0 | 0 | 27.68 | 0.0 | 0.0 | 40.02 | 0.0 | 7.9 | 0 | 0 | 0 | 124.1 | -0.43 | 5.01 | 164.12 | -0.33 | 5.7 | 0.12 | -29.41 | 100.0 | 124.22 | -0.47 | 5.06 | 0.01 | -9.41 | -27.79 |
| 22Q3 (12) | 20.27 | -41.62 | -20.6 | 67.72 | -6.88 | -1.31 | 27.55 | 48.76 | 9.59 | 0 | 0 | 0 | 17.54 | -82.25 | -68.94 | 2.69 | -86.94 | -76.67 | 1.59 | -1.24 | -65.58 | 0.81 | 18.46 | -82.37 | 314.85 | 0.69 | -0.38 | 5.48 | 0.37 | 0.37 | 34.83 | 30.74 | -21.84 | 0 | 0 | 0 | 27.68 | 0.0 | 0.0 | 40.02 | 0.0 | 7.9 | 0 | 0 | 0 | 124.64 | 2.21 | 17.95 | 164.66 | 1.67 | 15.34 | 0.17 | 21.43 | 750.0 | 124.81 | 2.23 | 18.09 | 0.01 | 1.27 | -24.59 |
| 22Q2 (11) | 34.72 | 24.13 | 386.96 | 72.72 | -31.62 | 49.41 | 18.52 | -20.1 | -41.61 | 0 | 0 | 0 | 98.8 | 248.5 | 479.13 | 20.6 | 200.73 | 528.05 | 1.61 | -27.48 | -3.01 | 0.69 | -52.8 | -73.66 | 312.69 | -15.01 | -1.4 | 5.46 | -1.8 | -0.36 | 26.64 | -28.19 | -45.86 | 0 | 0 | 0 | 27.68 | 0.0 | 0.0 | 40.02 | 7.9 | 16.64 | 0 | 0 | 0 | 121.95 | -2.46 | 25.83 | 161.96 | -0.1 | 23.42 | 0.14 | -17.65 | 366.67 | 122.09 | -2.48 | 25.93 | 0.01 | 1.93 | -29.98 |
| 22Q1 (10) | 27.97 | 16.88 | 195.04 | 106.34 | 20.13 | 206.72 | 23.18 | -7.72 | -1.74 | 0 | 0 | 0 | 28.35 | -43.79 | 146.52 | 6.85 | -45.07 | 256.77 | 2.22 | 12.12 | -9.39 | 1.46 | -0.28 | -31.78 | 367.92 | 6.51 | 24.9 | 5.56 | 1.83 | 0.18 | 37.1 | -8.89 | -14.48 | 0 | 0 | 0 | 27.68 | 0.0 | 0.0 | 37.09 | 0.0 | 8.1 | 0 | 0 | 0 | 125.03 | 5.8 | 33.52 | 162.12 | 4.41 | 26.71 | 0.17 | 183.33 | 183.33 | 125.2 | 5.89 | 33.62 | 0.01 | -22.79 | -33.2 |
| 21Q4 (9) | 23.93 | -6.27 | 368.3 | 88.52 | 29.0 | 231.91 | 25.12 | -0.08 | 18.1 | 0 | 0 | 0 | 50.44 | -10.68 | 238.3 | 12.47 | 8.15 | 121.49 | 1.98 | -57.14 | -21.74 | 1.46 | -68.38 | -34.51 | 345.43 | 9.29 | 19.29 | 5.46 | 0.0 | -2.33 | 40.72 | -8.62 | -16.85 | 0 | 0 | 0 | 27.68 | 0.0 | 0.0 | 37.09 | 0.0 | 8.1 | 0 | 0 | 0 | 118.18 | 11.84 | 6.38 | 155.27 | 8.76 | 6.78 | 0.06 | 200.0 | -33.33 | 118.24 | 11.87 | 6.35 | 0.01 | -5.39 | -4.61 |
| 21Q3 (8) | 25.53 | 258.06 | 30.79 | 68.62 | 40.99 | 189.9 | 25.14 | -20.74 | 29.59 | 0 | 0 | 0 | 56.47 | 231.01 | 180.95 | 11.53 | 251.52 | 171.29 | 4.62 | 178.31 | 6.94 | 4.62 | 77.03 | 37.86 | 316.06 | -0.33 | 21.99 | 5.46 | -0.36 | -1.27 | 44.56 | -9.45 | -16.48 | 0 | 0 | 0 | 27.68 | 0.0 | 0.0 | 37.09 | 8.1 | 8.1 | 0 | 0 | 0 | 105.67 | 9.03 | 0.17 | 142.76 | 8.79 | 2.12 | 0.02 | -33.33 | 300.0 | 105.69 | 9.01 | 0.2 | 0.01 | -5.97 | -5.27 |
| 21Q2 (7) | 7.13 | -24.79 | -73.83 | 48.67 | 40.38 | 105.19 | 31.72 | 34.46 | 77.5 | 0 | 0 | 0 | 17.06 | 48.35 | -74.97 | 3.28 | 70.83 | -79.98 | 1.66 | -32.24 | -55.01 | 2.61 | 22.23 | 0 | 317.12 | 7.65 | 23.44 | 5.48 | -1.26 | -0.54 | 49.21 | 13.44 | -17.0 | 0 | 0 | 0 | 27.68 | 0.0 | 0.0 | 34.31 | 0.0 | 0.0 | 0 | 0 | 0 | 96.92 | 3.5 | -4.27 | 131.23 | 2.56 | -3.19 | 0.03 | -50.0 | 133.33 | 96.95 | 3.47 | -4.15 | 0.01 | -2.75 | -0.4 |
| 21Q1 (6) | 9.48 | 85.52 | 38.8 | 34.67 | 30.0 | -2.34 | 23.59 | 10.91 | 49.3 | 0 | 0 | 0 | 11.5 | -22.87 | 12.86 | 1.92 | -65.9 | 24.68 | 2.45 | -3.16 | -33.96 | 2.14 | -4.27 | 0 | 294.58 | 1.73 | 2.85 | 5.55 | -0.72 | -0.72 | 43.38 | -11.42 | -0.18 | 0 | 0 | 0 | 27.68 | 0.0 | 0.0 | 34.31 | 0.0 | 10.07 | 0 | 0 | 0 | 93.64 | -15.71 | -13.9 | 127.95 | -12.01 | -8.56 | 0.06 | -33.33 | 300.0 | 93.7 | -15.72 | -13.82 | 0.01 | 10.26 | 3.66 |
| 20Q4 (5) | 5.11 | -73.82 | -58.72 | 26.67 | 12.67 | -26.06 | 21.27 | 9.64 | 32.77 | 0 | 0 | 0 | 14.91 | -25.82 | -50.91 | 5.63 | 32.47 | 923.64 | 2.53 | -41.44 | 1.2 | 2.23 | -33.45 | 0 | 289.58 | 11.77 | 4.59 | 5.59 | 1.08 | -1.06 | 48.97 | -8.21 | 4.26 | 0 | 0 | 0 | 27.68 | 0.0 | 0.0 | 34.31 | 0.0 | 10.07 | 0 | 0 | 0 | 111.09 | 5.31 | 3.61 | 145.41 | 4.01 | 5.07 | 0.09 | 1000.0 | 350.0 | 111.18 | 5.4 | 3.67 | 0.01 | -6.04 | -7.47 |
| 20Q3 (4) | 19.52 | -28.37 | 0.0 | 23.67 | -0.21 | 0.0 | 19.4 | 8.56 | 0.0 | 0 | 0 | 0.0 | 20.1 | -70.51 | 0.0 | 4.25 | -74.05 | 0.0 | 4.32 | 17.07 | 0.0 | 3.35 | 0 | 0.0 | 259.09 | 0.85 | 0.0 | 5.53 | 0.36 | 0.0 | 53.35 | -10.02 | 0.0 | 0 | 0 | 0.0 | 27.68 | 0.0 | 0.0 | 34.31 | 0.0 | 0.0 | 0 | 0 | 0.0 | 105.49 | 4.2 | 0.0 | 139.8 | 3.14 | 0.0 | -0.01 | 88.89 | 0.0 | 105.48 | 4.28 | 0.0 | 0.01 | -1.14 | 0.0 |
