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) | 135.0 | -7.27 | 106.72 | 44.86 | 36.6 | -1.48 | 0 | 0 | 144.22 | 1.66 | 27.39 | -37.81 | 8.53 | -6.37 | 5.91 | -7.89 | 0 | 0 | 48.41 | 4.4 | 290.32 | 8.79 | 0.39 | -35.0 | 84.51 | 0.0 | 78.97 | 5.94 | 0 | 0 | 137.18 | 16.94 | 216.15 | 0.94 | 35.13 | 29.01 | 172.31 | 19.21 | 0.00 | -37.64 |
| 2022 (9) | 145.59 | 4.53 | 73.67 | 88.75 | 37.15 | -33.61 | 0.29 | 7.41 | 141.87 | 1.06 | 44.04 | -9.99 | 9.11 | 74.52 | 6.42 | 72.69 | 0 | 0 | 46.37 | 16.13 | 266.86 | 46.79 | 0.6 | -18.92 | 84.51 | 0.0 | 74.54 | 7.04 | 22.28 | 117.79 | 117.31 | 1.71 | 214.13 | 9.69 | 27.23 | 0 | 144.54 | 55.32 | 0.01 | 0 |
| 2021 (8) | 139.28 | 4.31 | 39.03 | -30.83 | 55.96 | 46.45 | 0.27 | 0.0 | 140.38 | 64.96 | 48.93 | 457.29 | 5.22 | 23.7 | 3.72 | -25.01 | 0 | 0 | 39.93 | 12.57 | 181.8 | -2.51 | 0.74 | 57.45 | 84.51 | 0.0 | 69.64 | 1.27 | 10.23 | 0 | 115.34 | 31.73 | 195.21 | 24.87 | -22.28 | 0 | 93.06 | 20.34 | 0.00 | 0 |
| 2020 (7) | 133.53 | -15.91 | 56.43 | -13.18 | 38.21 | 12.78 | 0.27 | -22.86 | 85.1 | -15.47 | 8.78 | -45.87 | 4.22 | 39.27 | 4.96 | 64.77 | 0 | 0 | 35.47 | 21.76 | 186.49 | -7.46 | 0.47 | -20.34 | 84.51 | 0.0 | 68.77 | 2.75 | 0 | 0 | 87.56 | -9.45 | 156.33 | -4.46 | -10.23 | 0 | 77.33 | -33.25 | 0.00 | 0 |
| 2019 (6) | 158.79 | -4.83 | 65.0 | -1.74 | 33.88 | -46.49 | 0.35 | 20.69 | 100.68 | -12.63 | 16.22 | -2.82 | 3.03 | -30.66 | 3.01 | -20.64 | 0 | 0 | 29.13 | 3.08 | 201.52 | 14.02 | 0.59 | 68.57 | 84.51 | 0.0 | 66.93 | 2.54 | 0 | 0 | 96.7 | 28.49 | 163.63 | 1.92 | 19.15 | 90.36 | 115.85 | 35.78 | 0.00 | 0 |
| 2018 (5) | 166.85 | 58.47 | 66.15 | 10.53 | 63.31 | 87.86 | 0.29 | 0 | 115.23 | 31.36 | 16.69 | 66.9 | 4.37 | -20.83 | 3.79 | -39.73 | 0 | 0 | 28.26 | 12.81 | 176.74 | -1.93 | 0.35 | 3400.0 | 84.51 | 0.0 | 65.27 | 1.56 | 20.01 | 0 | 75.26 | -14.95 | 160.54 | 5.1 | 10.06 | 0 | 85.32 | 24.59 | 0.00 | 0 |
| 2017 (4) | 105.29 | -22.24 | 59.85 | 93.06 | 33.7 | -34.33 | 0 | 0 | 87.72 | 34.09 | 10.0 | 0 | 5.52 | 43.01 | 6.29 | 6.65 | 0 | 0 | 25.05 | 2.33 | 180.22 | -13.52 | 0.01 | 0 | 84.51 | 0.0 | 64.27 | -8.97 | 0 | 0 | 88.49 | 17.67 | 152.75 | 2.4 | -20.01 | 0 | 68.48 | -20.25 | 0.00 | 0 |
| 2016 (3) | 135.41 | -17.31 | 31.0 | -56.52 | 51.32 | 12.0 | 0 | 0 | 65.42 | -17.57 | -8.78 | 0 | 3.86 | -10.65 | 5.90 | 8.39 | 0 | 0 | 24.48 | 23.76 | 208.4 | 7.2 | 0 | 0 | 84.51 | -1.5 | 70.6 | 1.18 | 3.37 | 0.0 | 75.2 | -21.45 | 149.17 | -11.67 | 10.67 | -54.98 | 85.87 | -28.1 | 0.00 | 0 |
| 2015 (2) | 163.76 | -14.05 | 71.3 | 15.37 | 45.82 | 10.94 | 0 | 0 | 79.36 | -13.18 | 8.24 | -60.54 | 4.32 | -28.12 | 5.44 | -17.21 | 0 | 0 | 19.78 | 68.63 | 194.4 | 2.24 | 0 | 0 | 85.8 | 0.0 | 69.78 | 3.07 | 3.37 | -71.82 | 95.73 | -4.1 | 168.88 | -5.9 | 23.7 | 54.5 | 119.43 | 3.71 | 0.00 | 0 |
| 2014 (1) | 190.54 | 46.55 | 61.8 | 13.6 | 41.3 | 384.74 | 0 | 0 | 91.41 | 23.39 | 20.88 | 33.25 | 6.01 | -7.68 | 6.57 | -25.18 | 0 | 0 | 11.73 | 96.81 | 190.15 | 31.87 | 0 | 0 | 85.8 | 0.0 | 67.7 | 2.37 | 11.96 | -66.34 | 99.82 | 35.09 | 179.47 | 2.23 | 15.34 | 0 | 115.16 | 76.33 | 0.00 | 0 |
| 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) | 166.17 | 5.04 | 16.2 | 60.4 | 11.3 | -38.03 | 87.22 | 3.8 | 128.86 | 0 | 0 | 0 | 44.24 | 5.99 | 13.12 | 15.56 | 28.17 | 103.66 | 10.04 | 8.54 | 22.14 | 6.10 | 5.16 | 1.53 | 0 | 0 | 0 | 50.69 | -0.18 | 2.97 | 292.99 | -3.53 | -2.56 | 0.36 | -2.7 | -20.0 | 84.51 | 0.0 | 0.0 | 81.71 | 0.0 | 3.47 | 0 | 0 | 0 | 163.51 | 19.66 | 27.25 | 245.22 | 12.3 | 18.2 | 54.77 | -35.44 | 5.17 | 218.28 | -1.44 | 20.88 | 0.00 | -1.82 | -40.03 |
| 24Q2 (19) | 158.19 | 6.63 | -0.13 | 54.27 | -32.49 | 2.61 | 84.03 | 33.11 | 110.34 | 0 | 0 | 0 | 41.74 | 7.61 | 13.98 | 12.14 | 22.87 | 103.01 | 9.25 | -8.33 | 20.29 | 5.81 | -11.27 | 4.73 | 0 | 0 | 0 | 50.78 | -0.65 | 6.88 | 303.72 | 8.29 | -7.8 | 0.37 | 2.78 | -26.0 | 84.51 | 0.0 | 0.0 | 81.71 | 3.47 | 3.47 | 0 | 0 | 0 | 136.65 | -7.37 | 13.07 | 218.36 | -3.59 | 9.28 | 84.83 | 30.09 | 110.65 | 221.48 | 4.11 | 37.46 | 0.00 | -7.78 | -44.35 |
| 24Q1 (18) | 148.35 | 9.89 | 4.26 | 80.39 | -24.67 | 9.49 | 63.13 | 72.49 | 51.68 | 0 | 0 | -100.0 | 38.79 | -2.29 | 34.73 | 9.88 | 12.02 | 100.0 | 10.09 | 18.29 | 53.11 | 6.54 | 10.62 | 39.1 | 0 | 0 | 0 | 51.11 | 5.58 | 9.51 | 280.46 | -3.4 | -4.33 | 0.36 | -7.69 | -34.55 | 84.51 | 0.0 | 0.0 | 78.97 | 0.0 | 5.94 | 0 | 0 | -100.0 | 147.53 | 7.54 | 20.65 | 226.5 | 4.79 | 3.38 | 65.21 | 85.62 | 164.54 | 212.74 | 23.46 | 44.79 | 0.00 | -14.24 | -41.99 |
| 23Q4 (17) | 135.0 | -5.59 | -7.27 | 106.72 | 9.49 | 44.86 | 36.6 | -3.96 | -1.48 | 0 | 0 | -100.0 | 39.7 | 1.51 | 23.33 | 8.82 | 15.45 | 76.05 | 8.53 | 3.77 | -6.37 | 5.91 | -1.63 | -7.9 | 0 | 0 | 0 | 48.41 | -1.67 | 4.4 | 290.32 | -3.45 | 8.79 | 0.39 | -13.33 | -35.0 | 84.51 | 0.0 | 0.0 | 78.97 | 0.0 | 5.94 | 0 | 0 | -100.0 | 137.18 | 6.75 | 16.94 | 216.15 | 4.18 | 0.94 | 35.13 | -32.55 | 29.01 | 172.31 | -4.58 | 19.21 | 0.00 | -22.77 | -37.64 |
| 23Q3 (16) | 143.0 | -9.72 | -17.56 | 97.47 | 84.29 | 3.91 | 38.11 | -4.61 | 3.81 | 0 | 0 | -100.0 | 39.11 | 6.8 | -4.91 | 7.64 | 27.76 | -58.46 | 8.22 | 6.89 | -1.44 | 6.01 | 8.47 | 8.51 | 0 | 0 | 0 | 49.23 | 3.62 | 4.52 | 300.68 | -8.73 | 23.98 | 0.45 | -10.0 | -32.84 | 84.51 | 0.0 | 0.0 | 78.97 | 0.0 | 5.94 | 0 | 0 | -100.0 | 128.5 | 6.33 | 14.66 | 207.47 | 3.83 | -0.68 | 52.08 | 29.33 | 24.3 | 180.58 | 12.08 | 17.28 | 0.00 | -8.89 | -18.2 |
| 23Q2 (15) | 158.39 | 11.31 | -10.42 | 52.89 | -27.96 | -17.57 | 39.95 | -4.01 | 18.06 | 0 | -100.0 | -100.0 | 36.62 | 27.2 | -3.63 | 5.98 | 21.05 | -51.02 | 7.69 | 16.69 | 6.22 | 5.54 | 17.85 | 15.2 | 0 | 0 | 0 | 47.51 | 1.8 | 5.65 | 329.43 | 12.38 | 38.46 | 0.5 | -9.09 | -16.67 | 84.51 | 0.0 | 0.0 | 78.97 | 5.94 | 5.94 | 0 | -100.0 | -100.0 | 120.85 | -1.17 | 29.0 | 199.82 | -8.8 | 4.89 | 40.27 | 63.37 | 243.31 | 161.12 | 9.66 | 52.85 | 0.01 | -3.88 | -21.53 |
| 23Q1 (14) | 142.29 | -2.27 | -12.58 | 73.42 | -0.34 | 23.85 | 41.62 | 12.03 | 10.16 | 0.29 | 0.0 | 7.41 | 28.79 | -10.56 | -5.73 | 4.94 | -1.4 | -41.4 | 6.59 | -27.66 | 68.97 | 4.70 | -26.76 | 76.4 | 0 | 0 | 0 | 46.67 | 0.65 | 10.23 | 293.14 | 9.85 | 53.29 | 0.55 | -8.33 | -17.91 | 84.51 | 0.0 | 0.0 | 74.54 | 0.0 | 7.04 | 22.28 | 0.0 | 117.79 | 122.28 | 4.24 | -1.23 | 219.1 | 2.32 | 7.58 | 24.65 | -9.47 | 4464.81 | 146.93 | 1.65 | 18.17 | 0.01 | -7.81 | 0 |
| 22Q4 (13) | 145.59 | -16.07 | 4.53 | 73.67 | -21.46 | 88.75 | 37.15 | 1.2 | -33.61 | 0.29 | -3.33 | 7.41 | 32.19 | -21.74 | -21.18 | 5.01 | -72.76 | -71.16 | 9.11 | 9.23 | 74.52 | 6.42 | 15.89 | 72.71 | 0 | 0 | 0 | 46.37 | -1.55 | 16.13 | 266.86 | 10.03 | 46.79 | 0.6 | -10.45 | -18.92 | 84.51 | 0.0 | 0.0 | 74.54 | 0.0 | 7.04 | 22.28 | 0.0 | 117.79 | 117.31 | 4.68 | 1.71 | 214.13 | 2.51 | 9.69 | 27.23 | -35.01 | 222.22 | 144.54 | -6.12 | 55.32 | 0.01 | 1.31 | 0 |
| 22Q3 (12) | 173.47 | -1.89 | 32.07 | 93.8 | 46.2 | 98.9 | 36.71 | 8.48 | -40.37 | 0.3 | 3.45 | 11.11 | 41.13 | 8.24 | 0.1 | 18.39 | 50.61 | 3.26 | 8.34 | 15.19 | 39.0 | 5.54 | 15.16 | 14.02 | 0 | 0 | 0 | 47.1 | 4.74 | 24.57 | 242.53 | 1.94 | 45.8 | 0.67 | 11.67 | -12.99 | 84.51 | 0.0 | 0.0 | 74.54 | 0.0 | 7.04 | 22.28 | 0.0 | 117.79 | 112.07 | 19.63 | 14.5 | 208.89 | 9.65 | 17.52 | 41.9 | 257.2 | 313.01 | 153.97 | 46.07 | 96.87 | 0.01 | -12.59 | 0 |
| 22Q2 (11) | 176.81 | 8.63 | 39.23 | 64.16 | 8.23 | -1.97 | 33.84 | -10.43 | 4.32 | 0.29 | 7.41 | -69.79 | 38.0 | 24.43 | 12.43 | 12.21 | 44.84 | 18.31 | 7.24 | 85.64 | 46.56 | 4.81 | 80.46 | 5.55 | 0 | 0 | 0 | 44.97 | 6.21 | 18.97 | 237.92 | 24.42 | 35.9 | 0.6 | -10.45 | -27.71 | 84.51 | 0.0 | 0.0 | 74.54 | 7.04 | 7.04 | 22.28 | 117.79 | 117.79 | 93.68 | -24.33 | 17.0 | 190.51 | -6.46 | 19.11 | 11.73 | 2072.22 | 167.92 | 105.41 | -15.22 | 67.85 | 0.01 | 0 | 0 |
| 22Q1 (10) | 162.77 | 16.87 | 22.85 | 59.28 | 51.88 | -1.54 | 37.78 | -32.49 | 21.25 | 0.27 | 0.0 | 0.0 | 30.54 | -25.22 | 23.84 | 8.43 | -51.47 | 146.49 | 3.9 | -25.29 | -1.27 | 2.67 | -28.29 | -38.75 | 0 | 0 | 0 | 42.34 | 6.04 | 17.87 | 191.23 | 5.19 | 6.53 | 0.67 | -9.46 | -25.56 | 84.51 | 0.0 | 0.0 | 69.64 | 0.0 | 1.27 | 10.23 | 0.0 | 0 | 123.8 | 7.33 | 36.06 | 203.66 | 4.33 | 27.48 | 0.54 | 102.42 | 106.24 | 124.34 | 33.61 | 51.03 | 0.00 | 0 | 0 |
| 21Q4 (9) | 139.28 | 6.04 | 4.31 | 39.03 | -17.24 | -30.83 | 55.96 | -9.1 | 46.45 | 0.27 | 0.0 | 0.0 | 40.84 | -0.61 | 70.81 | 17.37 | -2.47 | 314.56 | 5.22 | -13.0 | 23.7 | 3.72 | -23.49 | -25.02 | 0 | 0 | 0 | 39.93 | 5.61 | 12.57 | 181.8 | 9.29 | -2.51 | 0.74 | -3.9 | 57.45 | 84.51 | 0.0 | 0.0 | 69.64 | 0.0 | 1.27 | 10.23 | 0.0 | 0 | 115.34 | 17.84 | 31.73 | 195.21 | 9.82 | 24.87 | -22.28 | -13.27 | -117.79 | 93.06 | 18.99 | 20.34 | 0.00 | 0 | 0 |
| 21Q3 (8) | 131.35 | 3.43 | -14.6 | 47.16 | -27.94 | -14.77 | 61.56 | 89.77 | 99.94 | 0.27 | -71.88 | -3.57 | 41.09 | 21.57 | 58.04 | 17.81 | 72.58 | 139.7 | 6.0 | 21.46 | 40.19 | 4.86 | 6.61 | -1.56 | 0 | 0 | 0 | 37.81 | 0.03 | 28.47 | 166.34 | -4.99 | -13.04 | 0.77 | -7.23 | 63.83 | 84.51 | 0.0 | 0.0 | 69.64 | 0.0 | 1.27 | 10.23 | 0.0 | 0 | 97.88 | 22.24 | 17.38 | 177.75 | 11.14 | 16.82 | -19.67 | -13.9 | -117.35 | 78.21 | 24.54 | 5.21 | 0.00 | 0 | 0 |
| 21Q2 (7) | 126.99 | -4.15 | -17.34 | 65.45 | 8.7 | -15.06 | 32.44 | 4.11 | 10.34 | 0.96 | 255.56 | 84.62 | 33.8 | 37.06 | 109.03 | 10.32 | 201.75 | 901.94 | 4.94 | 25.06 | 18.47 | 4.56 | 4.72 | 0 | 0 | 0 | 0 | 37.8 | 5.23 | 27.88 | 175.07 | -2.47 | -5.6 | 0.83 | -7.78 | 62.75 | 84.51 | 0.0 | 0.0 | 69.64 | 1.27 | 1.27 | 10.23 | 0 | 0 | 80.07 | -12.0 | 5.41 | 159.94 | 0.11 | 10.51 | -17.27 | -99.42 | -831.78 | 62.8 | -23.72 | -19.82 | 0.00 | 0 | 0 |
| 21Q1 (6) | 132.49 | -0.78 | -18.81 | 60.21 | 6.7 | -14.54 | 31.16 | -18.45 | -15.37 | 0.27 | 0.0 | -6.9 | 24.66 | 3.14 | 29.65 | 3.42 | -18.38 | 188.37 | 3.95 | -6.4 | 3.4 | 4.35 | -12.22 | 0 | 0 | 0 | 0 | 35.92 | 1.27 | 22.8 | 179.51 | -3.74 | -5.14 | 0.9 | 91.49 | 63.64 | 84.51 | 0.0 | 0.0 | 68.77 | 0.0 | 2.75 | 0 | 0 | 0 | 90.99 | 3.92 | -1.96 | 159.76 | 2.19 | 0.01 | -8.66 | 15.35 | -490.09 | 82.33 | 6.47 | -13.36 | 0.00 | 0 | 0 |
| 20Q4 (5) | 133.53 | -13.18 | -15.91 | 56.43 | 1.99 | -13.18 | 38.21 | 24.1 | 12.78 | 0.27 | -3.57 | -22.86 | 23.91 | -8.04 | -6.24 | 4.19 | -43.61 | -33.81 | 4.22 | -1.4 | 39.27 | 4.96 | 0.44 | 0 | 0 | 0 | 0 | 35.47 | 20.52 | 21.76 | 186.49 | -2.5 | -7.46 | 0.47 | 0.0 | -20.34 | 84.51 | 0.0 | 0.0 | 68.77 | 0.0 | 2.75 | 0 | 0 | 0 | 87.56 | 5.0 | -9.45 | 156.33 | 2.74 | -4.46 | -10.23 | -13.04 | -153.42 | 77.33 | 4.02 | -33.25 | 0.00 | 0 | 0 |
| 20Q3 (4) | 153.8 | 0.11 | 0.0 | 55.33 | -28.19 | 0.0 | 30.79 | 4.73 | 0.0 | 0.28 | -46.15 | 0.0 | 26.0 | 60.79 | 0.0 | 7.43 | 621.36 | 0.0 | 4.28 | 2.64 | 0.0 | 4.94 | 0 | 0.0 | 0 | 0 | 0.0 | 29.43 | -0.44 | 0.0 | 191.28 | 3.14 | 0.0 | 0.47 | -7.84 | 0.0 | 84.51 | 0.0 | 0.0 | 68.77 | 0.0 | 0.0 | 0 | 0 | 0.0 | 83.39 | 9.78 | 0.0 | 152.16 | 5.13 | 0.0 | -9.05 | -483.47 | 0.0 | 74.34 | -5.08 | 0.0 | 0.00 | 0 | 0.0 |
