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) | 668.05 | -0.9 | 2.2 | -26.67 | 82.27 | -41.05 | 0 | 0 | 2003.57 | 45.11 | 215.94 | 204.53 | 119.39 | 14.57 | 5.96 | -21.05 | 0 | 0 | 40.83 | 2.38 | 402.31 | -35.18 | 10.39 | -13.78 | 540.04 | 0.75 | 41.69 | 28.59 | 0 | 0 | 334.21 | 92.42 | 375.9 | 82.38 | 15.29 | 88.53 | 349.5 | 92.24 | 0.09 | -0.59 |
| 2022 (9) | 674.11 | 39.69 | 3.0 | 0 | 139.55 | -1.13 | 0 | 0 | 1380.69 | 32.92 | 70.91 | 7.31 | 104.21 | 3.41 | 7.55 | -22.2 | 0 | 0 | 39.88 | 1.04 | 620.65 | -32.99 | 12.05 | -14.48 | 536.02 | 3.35 | 32.42 | 25.95 | 0 | 0 | 173.69 | 45.59 | 206.11 | 42.11 | 8.11 | -90.58 | 181.8 | -11.49 | 0.09 | 13.45 |
| 2021 (8) | 482.56 | 18.07 | 0 | 0 | 141.14 | -26.29 | 0 | 0 | 1038.72 | 16.65 | 66.08 | 0 | 100.77 | 50.88 | 9.70 | 29.35 | 0 | 0 | 39.47 | 83.92 | 926.22 | -3.3 | 14.09 | -17.17 | 518.66 | 6.86 | 25.74 | 0.0 | 0 | 0 | 119.3 | 127.11 | 145.04 | 85.31 | 86.09 | 33.49 | 205.39 | 75.52 | 0.08 | -0.55 |
| 2020 (7) | 408.69 | -20.7 | 0.8 | -46.67 | 191.48 | -23.0 | 0 | 0 | 890.49 | -50.88 | -33.62 | 0 | 66.79 | -64.31 | 7.50 | -27.35 | 0 | 0 | 21.46 | 4.43 | 957.79 | 27.93 | 17.01 | -13.96 | 485.36 | 0.0 | 25.74 | 15.84 | 0 | 0 | 52.53 | -46.92 | 78.27 | -35.4 | 64.49 | 134.51 | 117.02 | -7.46 | 0.08 | -13.28 |
| 2019 (6) | 515.35 | 6.74 | 1.5 | 0 | 248.68 | 50.15 | 0 | 0 | 1812.75 | 0.76 | 39.82 | -39.23 | 187.16 | 16.34 | 10.32 | 15.46 | 0 | 0 | 20.55 | 130.12 | 748.67 | -6.58 | 19.77 | -6.92 | 485.36 | 10.18 | 22.22 | 41.89 | 0 | 0 | 98.96 | -8.18 | 121.17 | -1.84 | 27.5 | 533.64 | 126.46 | 12.79 | 0.09 | -5.42 |
| 2018 (5) | 482.79 | 15.82 | 0 | 0 | 165.62 | -19.56 | 0 | 0 | 1799.07 | 9.99 | 65.53 | 13.93 | 160.88 | 15.92 | 8.94 | 5.38 | 0 | 0 | 8.93 | 31.13 | 801.43 | 3.41 | 21.24 | 2.16 | 440.52 | 5.55 | 15.66 | 58.02 | 0 | 0 | 107.78 | 40.32 | 123.44 | 42.34 | 4.34 | -54.84 | 112.12 | 29.74 | 0.09 | -3.48 |
| 2017 (4) | 416.86 | -7.23 | 1.0 | 100.0 | 205.9 | -7.1 | 0 | 0 | 1635.62 | 13.05 | 57.52 | 65.48 | 138.79 | 22.36 | 8.49 | 8.23 | 0 | 0 | 6.81 | 9.49 | 774.98 | 4.78 | 20.79 | -4.24 | 417.34 | 3.0 | 9.91 | 53.88 | 0 | 0 | 76.81 | 179.92 | 86.72 | 52.09 | 9.61 | 10.46 | 86.42 | 139.13 | 0.10 | -4.61 |
| 2016 (3) | 449.33 | 25.7 | 0.5 | -93.24 | 221.63 | 10.65 | 0 | 0 | 1446.8 | 5.48 | 34.76 | -45.99 | 113.43 | 7.68 | 7.84 | 2.09 | 0 | 0 | 6.22 | -0.32 | 739.6 | 8.66 | 21.71 | -4.49 | 405.19 | 5.0 | 6.44 | 0 | 23.15 | 208.67 | 27.44 | -50.97 | 57.02 | -10.16 | 8.7 | 0 | 36.14 | 10.12 | 0.10 | -5.58 |
| 2015 (2) | 357.45 | 31.68 | 7.4 | -22.11 | 200.29 | 12.92 | 0 | 0 | 1371.69 | 3.06 | 64.36 | 0 | 105.34 | -9.0 | 7.68 | -11.71 | 0 | 0 | 6.24 | -0.95 | 680.64 | 2.58 | 22.73 | -5.57 | 385.89 | 17.74 | 0 | 0 | 7.5 | 0.0 | 55.97 | 0 | 63.47 | 758.86 | -23.15 | 0 | 32.82 | 0 | 0.11 | -19.49 |
| 2014 (1) | 271.45 | 9.02 | 9.5 | -28.52 | 177.38 | 62.64 | 0 | 0 | 1330.9 | 7.19 | -13.07 | 0 | 115.76 | 24.42 | 8.70 | 16.08 | 0 | 0 | 6.3 | -20.65 | 663.49 | 3.37 | 24.07 | -1.03 | 327.76 | 0.57 | 12.98 | 1.96 | 7.5 | -86.28 | -13.09 | 0 | 7.39 | -67.52 | -11.71 | 0 | -24.8 | 0 | 0.13 | 21.35 |
| 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) | 753.03 | -12.08 | 2.78 | 1.85 | 0.0 | 164.29 | 90.09 | -1.25 | 2.39 | 0 | 0 | 0 | 571.6 | 3.23 | 7.32 | 89.85 | 15.37 | 50.81 | 134.93 | 0.29 | 5.21 | 6.18 | -1.5 | -10.57 | 0 | 0 | 0 | 47.02 | -2.41 | 14.99 | 427.7 | 1.65 | 8.14 | 8.93 | -5.1 | -15.83 | 540.04 | 0.0 | 0.0 | 62.96 | 0.0 | 51.02 | 0 | 0 | 0 | 436.62 | 25.91 | 52.94 | 499.58 | 21.93 | 52.7 | -1.46 | 90.54 | 88.09 | 435.16 | 31.33 | 59.27 | 0.07 | -21.38 | -26.64 |
| 24Q2 (19) | 856.51 | 7.91 | 15.57 | 1.85 | -28.85 | 85.0 | 91.23 | -0.49 | -5.45 | 0 | 0 | 0 | 553.74 | 6.66 | 13.92 | 77.88 | 65.28 | 31.09 | 134.54 | 1.92 | 18.37 | 6.27 | -1.3 | -7.51 | 0 | 0 | 0 | 48.18 | 19.29 | 22.66 | 420.77 | 5.52 | -11.87 | 9.41 | -4.18 | -20.39 | 540.04 | 0.0 | 0.58 | 62.96 | 51.02 | 51.02 | 0 | 0 | 0 | 346.78 | 22.05 | 53.5 | 409.73 | 25.75 | 53.11 | -15.44 | -265.01 | -376.7 | 331.34 | 18.38 | 43.13 | 0.08 | -4.9 | -6.76 |
| 24Q1 (18) | 793.69 | 18.81 | 2.39 | 2.6 | 18.18 | -3.7 | 91.68 | 11.44 | -31.51 | 0 | 0 | 0 | 519.15 | -3.96 | 16.86 | 47.12 | -9.35 | 4.76 | 132.01 | 10.57 | 13.14 | 6.35 | 6.59 | -17.04 | 0 | 0 | 0 | 40.39 | -1.08 | 0.2 | 398.77 | -0.88 | -32.11 | 9.82 | -5.49 | -19.77 | 540.04 | 0.0 | 0.69 | 41.69 | 0.0 | 28.59 | 0 | 0 | 0 | 284.13 | -14.98 | 61.65 | 325.82 | -13.32 | 56.5 | -4.23 | -127.67 | -130.81 | 279.9 | -19.91 | 47.7 | 0.09 | 3.57 | -3.49 |
| 23Q4 (17) | 668.05 | -8.82 | -0.9 | 2.2 | 214.29 | -26.67 | 82.27 | -6.5 | -41.05 | 0 | 0 | 0 | 540.58 | 1.49 | 37.06 | 51.98 | -12.76 | 640.46 | 119.39 | -6.91 | 14.57 | 5.96 | -13.7 | -21.05 | 0 | 0 | 0 | 40.83 | -0.15 | 2.38 | 402.31 | 1.72 | -35.18 | 10.39 | -2.07 | -13.78 | 540.04 | 0.0 | 0.75 | 41.69 | 0.0 | 28.59 | 0 | 0 | 0 | 334.21 | 17.07 | 92.42 | 375.9 | 14.89 | 82.38 | 15.29 | 224.71 | 88.53 | 349.5 | 27.91 | 92.24 | 0.09 | -5.27 | -0.59 |
| 23Q3 (16) | 732.68 | -1.14 | 31.03 | 0.7 | -30.0 | -76.67 | 87.99 | -8.81 | -41.38 | 0 | 0 | 0 | 532.63 | 9.57 | 51.29 | 59.58 | 0.29 | 381.65 | 128.25 | 12.84 | 7.92 | 6.90 | 1.87 | -22.82 | 0 | 0 | 0 | 40.89 | 4.1 | 2.61 | 395.5 | -17.16 | -42.55 | 10.61 | -10.24 | -15.05 | 540.04 | 0.58 | 0.81 | 41.69 | 0.0 | 28.59 | 0 | 0 | 0 | 285.49 | 26.37 | 97.03 | 327.17 | 22.26 | 84.52 | -12.26 | -319.71 | -2951.16 | 273.23 | 18.03 | 88.01 | 0.09 | -0.07 | 4.9 |
| 23Q2 (15) | 741.15 | -4.38 | 42.85 | 1.0 | -62.96 | 0 | 96.49 | -27.91 | -33.2 | 0 | 0 | 0 | 486.09 | 9.42 | 45.84 | 59.41 | 32.08 | 229.51 | 113.66 | -2.59 | -7.79 | 6.78 | -11.46 | -32.11 | 0 | 0 | 0 | 39.28 | -2.56 | 3.21 | 477.44 | -18.72 | -39.23 | 11.82 | -3.43 | -8.66 | 536.91 | 0.11 | 0.63 | 41.69 | 28.59 | 28.59 | 0 | 0 | 0 | 225.91 | 28.53 | 70.46 | 267.6 | 28.54 | 62.23 | 5.58 | -59.36 | -87.16 | 231.49 | 22.16 | 31.54 | 0.09 | -1.57 | 13.51 |
| 23Q1 (14) | 775.13 | 14.99 | 61.36 | 2.7 | -10.0 | 0 | 133.85 | -4.08 | -10.31 | 0 | 0 | 0 | 444.26 | 12.64 | 47.64 | 44.98 | 540.74 | 34.27 | 116.68 | 11.97 | 11.16 | 7.66 | 1.43 | -16.65 | 0 | 0 | 0 | 40.31 | 1.08 | 4.67 | 587.38 | -5.36 | -28.5 | 12.24 | 1.58 | -9.8 | 536.33 | 0.06 | 1.45 | 32.42 | 0.0 | 25.95 | 0 | 0 | 0 | 175.77 | 1.2 | 45.05 | 208.19 | 1.01 | 41.7 | 13.73 | 69.3 | -79.88 | 189.5 | 4.24 | 0.04 | 0.09 | 6.68 | 12.0 |
| 22Q4 (13) | 674.11 | 20.56 | 39.69 | 3.0 | 0.0 | 0 | 139.55 | -7.03 | -1.13 | 0 | 0 | 0 | 394.42 | 12.04 | 15.27 | 7.02 | -43.25 | -90.22 | 104.21 | -12.31 | 3.41 | 7.55 | -15.63 | -22.2 | 0 | 0 | 0 | 39.88 | 0.08 | 1.04 | 620.65 | -9.85 | -32.99 | 12.05 | -3.52 | -14.48 | 536.02 | 0.06 | 3.35 | 32.42 | 0.0 | 25.95 | 0 | 0 | 0 | 173.69 | 19.87 | 45.59 | 206.11 | 16.24 | 42.11 | 8.11 | 1786.05 | -90.58 | 181.8 | 25.09 | -11.49 | 0.09 | -0.04 | 13.45 |
| 22Q3 (12) | 559.15 | 7.77 | 19.22 | 3.0 | 0 | 0 | 150.11 | 3.92 | -23.79 | 0 | 0 | 0 | 352.05 | 5.62 | 36.38 | 12.37 | -31.39 | -16.64 | 118.84 | -3.59 | 47.54 | 8.95 | -10.4 | 0.82 | 0 | 0 | 0 | 39.85 | 4.7 | 5.34 | 688.46 | -12.37 | -25.68 | 12.49 | -3.48 | -16.51 | 535.71 | 0.4 | 4.25 | 32.42 | 0.0 | 25.95 | 0 | 0 | 0 | 144.9 | 9.33 | 198.46 | 177.31 | 7.49 | 138.67 | 0.43 | -99.01 | -99.47 | 145.33 | -17.42 | 12.35 | 0.09 | 8.13 | 25.64 |
| 22Q2 (11) | 518.83 | 8.01 | 23.1 | 0 | 0 | 0 | 144.45 | -3.2 | -28.45 | 0 | 0 | 0 | 333.31 | 10.77 | 37.94 | 18.03 | -46.18 | 1152.08 | 123.26 | 17.42 | 47.32 | 9.98 | 8.7 | -0.51 | 0 | 0 | 0 | 38.06 | -1.17 | 24.38 | 785.6 | -4.38 | -14.3 | 12.94 | -4.64 | -17.53 | 533.56 | 0.92 | 5.06 | 32.42 | 25.95 | 25.95 | 0 | 0 | 0 | 132.53 | 9.37 | 314.16 | 164.95 | 12.27 | 185.68 | 43.46 | -36.32 | -53.37 | 175.99 | -7.09 | 40.56 | 0.08 | -2.88 | 14.5 |
| 22Q1 (10) | 480.36 | -0.46 | 15.14 | 0 | 0 | 0 | 149.23 | 5.73 | -24.04 | 0 | 0 | 0 | 300.9 | -12.06 | 52.9 | 33.5 | -53.33 | 252.48 | 104.97 | 4.17 | 47.49 | 9.19 | -5.32 | 1.3 | 0 | 0 | 0 | 38.51 | -2.43 | 77.79 | 821.56 | -11.3 | -14.32 | 13.57 | -3.69 | -17.16 | 528.69 | 1.93 | 6.57 | 25.74 | 0.0 | 0.0 | 0 | 0 | 0 | 121.18 | 1.58 | 296.53 | 146.92 | 1.3 | 160.96 | 68.25 | -20.72 | 8.32 | 189.43 | -7.77 | 102.45 | 0.08 | 8.07 | 5.79 |
| 21Q4 (9) | 482.56 | 2.89 | 18.07 | 0 | 0 | -100.0 | 141.14 | -28.34 | -26.29 | 0 | 0 | 0 | 342.17 | 32.55 | 61.98 | 71.78 | 383.69 | 2454.45 | 100.77 | 25.1 | 50.88 | 9.70 | 9.33 | 29.34 | 0 | 0 | 0 | 39.47 | 4.34 | 83.92 | 926.22 | -0.02 | -3.3 | 14.09 | -5.82 | -17.17 | 518.66 | 0.94 | 6.86 | 25.74 | 0.0 | 0.0 | 0 | 0 | 0 | 119.3 | 145.73 | 127.11 | 145.04 | 95.23 | 85.31 | 86.09 | 6.55 | 33.49 | 205.39 | 58.79 | 75.52 | 0.08 | 10.7 | -0.55 |
| 21Q3 (8) | 469.02 | 11.28 | 9.91 | 0 | 0 | -100.0 | 196.97 | -2.44 | -15.87 | 0 | 0 | 0 | 258.14 | 6.83 | 40.27 | 14.84 | 930.56 | 182.08 | 80.55 | -3.73 | 22.68 | 8.87 | -11.59 | 56.08 | 0 | 0 | 0 | 37.83 | 23.63 | 76.78 | 926.36 | 1.05 | 2.1 | 14.96 | -4.65 | -14.85 | 513.85 | 1.18 | 5.87 | 25.74 | 0.0 | 0.0 | 0 | 0 | 0 | 48.55 | 51.72 | 3.56 | 74.29 | 28.66 | 2.3 | 80.8 | -13.31 | 77.23 | 129.35 | 3.31 | 39.88 | 0.07 | -1.45 | -20.19 |
| 21Q2 (7) | 421.48 | 1.03 | -0.77 | 0 | 0 | -100.0 | 201.9 | 2.76 | -16.53 | 0 | 0 | 0 | 241.63 | 22.79 | 25.27 | 1.44 | 106.55 | 123.45 | 83.67 | 17.56 | 14.62 | 10.04 | 10.69 | 0 | 0 | 0 | -100.0 | 30.6 | 41.27 | 47.75 | 916.69 | -4.4 | 12.66 | 15.69 | -4.21 | -14.96 | 507.87 | 2.38 | 4.64 | 25.74 | 0.0 | 0 | 0 | 0 | 0 | 32.0 | 4.71 | 0 | 57.74 | 2.56 | -36.33 | 93.21 | 47.93 | 206.31 | 125.21 | 33.81 | 311.47 | 0.07 | -10.28 | -18.28 |
| 21Q1 (6) | 417.18 | 2.08 | 3.32 | 0 | -100.0 | -100.0 | 196.47 | 2.61 | -24.55 | 0 | 0 | 0 | 196.79 | -6.84 | -34.91 | -21.97 | -881.85 | -79.93 | 71.17 | 6.56 | -37.4 | 9.07 | 20.89 | 0 | 0 | 0 | 0 | 21.66 | 0.93 | 3.59 | 958.85 | 0.11 | 31.56 | 16.38 | -3.7 | -14.73 | 496.08 | 2.21 | 2.21 | 25.74 | 0.0 | 15.84 | 0 | 0 | 0 | 30.56 | -41.82 | -59.04 | 56.3 | -28.07 | -41.86 | 63.01 | -2.29 | 784.97 | 93.57 | -20.04 | 14.49 | 0.08 | 1.59 | -18.27 |
| 20Q4 (5) | 408.69 | -4.23 | -20.7 | 0.8 | -46.67 | -46.67 | 191.48 | -18.21 | -23.0 | 0 | 0 | 0 | 211.24 | 14.79 | -55.59 | 2.81 | 115.54 | -63.41 | 66.79 | 1.72 | -64.31 | 7.50 | 31.93 | 0 | 0 | 0 | -100.0 | 21.46 | 0.28 | 4.43 | 957.79 | 5.56 | 27.93 | 17.01 | -3.19 | -13.96 | 485.36 | 0.0 | 0.0 | 25.74 | 0.0 | 0 | 0 | 0 | 0 | 52.53 | 12.05 | 0 | 78.27 | 7.78 | -35.4 | 64.49 | 41.46 | 134.51 | 117.02 | 26.55 | 325.53 | 0.08 | -11.16 | -13.28 |
| 20Q3 (4) | 426.73 | 0.47 | 0.0 | 1.5 | -78.57 | 0.0 | 234.12 | -3.21 | 0.0 | 0 | 0 | 0.0 | 184.03 | -4.59 | 0.0 | -18.08 | -194.46 | 0.0 | 65.66 | -10.05 | 0.0 | 5.69 | 0 | 0.0 | 0 | -100.0 | 0.0 | 21.4 | 3.33 | 0.0 | 907.3 | 11.51 | 0.0 | 17.57 | -4.77 | 0.0 | 485.36 | 0.0 | 0.0 | 25.74 | 0 | 0.0 | 0 | 0 | 0.0 | 46.88 | 0 | 0.0 | 72.62 | -19.93 | 0.0 | 45.59 | 49.82 | 0.0 | 92.47 | 203.88 | 0.0 | 0.09 | 0.92 | 0.0 |
