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) | 45.2 | -5.14 | 26.2 | -17.48 | 0 | 0 | 0 | 0 | 118.84 | -26.68 | -12.23 | 0 | 12.05 | 25.26 | 10.14 | 70.84 | 68.86 | -17.72 | 1.5 | 25.0 | 15.86 | 146.66 | 1.17 | 129.41 | 28.62 | 0.0 | 21.18 | 5.16 | 0.46 | 91.67 | 46.89 | -28.44 | 68.54 | -20.22 | -0.36 | 0 | 46.53 | -28.49 | -0.01 | 0 |
| 2022 (9) | 47.65 | -51.33 | 31.75 | 86.76 | 0 | 0 | 0 | 0 | 162.08 | -32.03 | 10.42 | -79.06 | 9.62 | -51.63 | 5.94 | -28.84 | 83.69 | 55.67 | 1.2 | 73.91 | 6.43 | 0 | 0.51 | -39.29 | 28.62 | 0.0 | 20.14 | 32.76 | 0.24 | 0 | 65.53 | -21.27 | 85.91 | -12.69 | -0.46 | 0 | 65.07 | -21.59 | -0.01 | 0 |
| 2021 (8) | 97.91 | 172.12 | 17.0 | 26.87 | 0 | 0 | 0 | 0 | 238.45 | 56.19 | 49.76 | 362.45 | 19.89 | 21.73 | 8.34 | -22.06 | 53.76 | -9.93 | 0.69 | 32.69 | 0 | 0 | 0.84 | -25.0 | 28.62 | 0.14 | 15.17 | 7.67 | 0 | 0 | 83.23 | 107.09 | 98.4 | 80.98 | -0.24 | 0 | 82.99 | 106.19 | -0.00 | 0 |
| 2020 (7) | 35.98 | 30.5 | 13.4 | 389.05 | 0 | 0 | 0 | 0 | 152.67 | 27.41 | 10.76 | 116.5 | 16.34 | 29.99 | 10.70 | 2.03 | 59.69 | 20.03 | 0.52 | 0.0 | 0 | 0 | 1.12 | 36.59 | 28.58 | 0.0 | 14.09 | 3.68 | 0.09 | 0 | 40.19 | 22.31 | 54.37 | 17.05 | 0.06 | 0 | 40.25 | 22.83 | -0.02 | 0 |
| 2019 (6) | 27.57 | 47.12 | 2.74 | -25.95 | 0 | 0 | 0 | 0 | 119.83 | 3.7 | 4.97 | -29.7 | 12.57 | 13.65 | 10.49 | 9.59 | 49.73 | -13.78 | 0.52 | 160.0 | 0 | 0 | 0.82 | -38.81 | 28.58 | 0.0 | 13.59 | 5.43 | 0 | 0 | 32.86 | 6.24 | 46.45 | 1.51 | -0.09 | 0 | 32.77 | 5.95 | -0.02 | 0 |
| 2018 (5) | 18.74 | -34.59 | 3.7 | 0 | 0 | 0 | 0 | 0 | 115.55 | 10.5 | 7.07 | -18.27 | 11.06 | -2.04 | 9.57 | -11.35 | 57.68 | 58.59 | 0.2 | 0 | 0 | 0 | 1.34 | -12.99 | 28.58 | 0.0 | 12.89 | 7.24 | 1.94 | 0 | 30.93 | -9.9 | 45.76 | -1.27 | 0 | 0 | 30.93 | -4.51 | -0.02 | 0 |
| 2017 (4) | 28.65 | 24.62 | 0 | 0 | 0 | 0 | 0 | 0 | 104.57 | 12.43 | 8.65 | 44.65 | 11.29 | 3.58 | 10.80 | -7.87 | 36.37 | 5.09 | 0 | 0 | 0 | 0 | 1.54 | 26.23 | 28.58 | 1.13 | 12.02 | 5.25 | 0 | 0 | 34.33 | 20.29 | 46.35 | 15.99 | -1.94 | 0 | 32.39 | 11.88 | -0.01 | 0 |
| 2016 (3) | 22.99 | 83.19 | 0 | 0 | 0 | 0 | 0 | 0 | 93.01 | 0.38 | 5.98 | 21.79 | 10.9 | 14.14 | 11.72 | 13.71 | 34.61 | -8.8 | 2.9 | -16.67 | 0 | 0 | 1.22 | 542.11 | 28.26 | 3.59 | 11.42 | 4.48 | 0 | 0 | 28.54 | 10.71 | 39.96 | 8.85 | 0.41 | -88.71 | 28.95 | -1.56 | -0.02 | 0 |
| 2015 (2) | 12.55 | -51.79 | 0 | 0 | 0 | 0 | 0 | 0 | 92.66 | -5.39 | 4.91 | -56.32 | 9.55 | -16.45 | 10.31 | -11.69 | 37.95 | 15.91 | 3.48 | -1.14 | 0 | 0 | 0.19 | -81.73 | 27.28 | 0.33 | 10.93 | 11.42 | 0 | 0 | 25.78 | -6.22 | 36.71 | -1.58 | 3.63 | 5950.0 | 29.41 | 6.75 | -0.01 | 0 |
| 2014 (1) | 26.03 | 41.78 | 0 | 0 | 0 | 0 | 0 | 0 | 97.94 | 43.97 | 11.24 | 67.76 | 11.43 | 47.29 | 11.67 | 2.31 | 32.74 | 56.58 | 3.52 | -4.61 | 0 | 0 | 1.04 | -25.71 | 27.19 | 1.87 | 9.81 | 7.33 | 0 | 0 | 27.49 | 40.76 | 37.3 | 24.09 | 0.06 | -93.18 | 27.55 | 34.98 | -0.01 | 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) | 42.18 | -1.06 | -13.95 | 17.8 | -1.66 | -52.15 | 1.7 | 0 | 0 | 0 | 0 | 0 | 34.13 | -4.66 | 12.94 | 2.08 | -15.45 | 230.0 | 16.0 | -5.44 | 18.96 | 11.86 | -8.18 | 0.38 | 77.08 | 13.3 | 0.6 | 1.57 | 3.29 | 6.08 | 19.31 | 20.99 | 200.31 | 0.73 | -25.51 | -2.67 | 28.62 | 0.0 | 0.0 | 21.18 | 0.0 | 0.0 | 0.36 | 0.0 | -21.74 | 49.23 | 4.41 | -6.8 | 70.78 | 3.03 | -4.96 | -0.3 | -3.45 | 16.67 | 48.93 | 4.42 | -6.73 | -0.01 | 5.91 | 14.54 |
| 24Q2 (19) | 42.63 | 0.54 | -13.65 | 18.1 | -9.95 | -47.38 | 0 | 0 | 0 | 0 | 0 | 0 | 35.8 | 7.25 | 20.09 | 2.46 | 524.14 | 343.56 | 16.92 | 19.58 | 34.61 | 12.91 | 14.11 | 21.89 | 68.03 | 2.25 | -11.86 | 1.52 | -0.65 | 10.95 | 15.96 | 0.31 | 148.21 | 0.98 | -5.77 | -10.91 | 28.62 | 0.0 | 0.0 | 21.18 | 0.0 | 0.0 | 0.36 | -21.74 | -21.74 | 47.15 | 5.74 | -13.36 | 68.7 | 3.71 | -9.68 | -0.29 | 0.0 | 21.62 | 46.86 | 5.78 | -13.3 | -0.01 | -22.75 | 18.45 |
| 24Q1 (18) | 42.4 | -6.19 | -4.27 | 20.1 | -23.28 | -43.22 | 0 | 0 | 0 | 0 | 0 | 0 | 33.38 | 5.5 | 22.86 | -0.58 | 90.22 | 84.28 | 14.15 | 17.43 | 40.1 | 11.32 | 11.6 | 55.1 | 66.53 | -3.38 | -20.29 | 1.53 | 2.0 | 21.43 | 15.91 | 0.32 | 147.43 | 1.04 | -11.11 | -17.46 | 28.62 | 0.0 | 0.0 | 21.18 | 0.0 | 5.16 | 0.46 | 0.0 | 91.67 | 44.59 | -4.91 | -27.89 | 66.24 | -3.36 | -19.44 | -0.29 | 19.44 | 19.44 | 44.3 | -4.79 | -27.94 | -0.01 | 18.06 | -22.83 |
| 23Q4 (17) | 45.2 | -7.79 | -5.14 | 26.2 | -29.57 | -17.48 | 0 | 0 | 0 | 0 | 0 | 0 | 31.64 | 4.7 | 18.64 | -5.93 | -270.62 | 36.85 | 12.05 | -10.41 | 25.26 | 10.14 | -14.16 | 70.84 | 68.86 | -10.13 | -17.72 | 1.5 | 1.35 | 25.0 | 15.86 | 146.66 | 146.66 | 1.17 | 56.0 | 129.41 | 28.62 | 0.0 | 0.0 | 21.18 | 0.0 | 5.16 | 0.46 | 0.0 | 91.67 | 46.89 | -11.23 | -28.44 | 68.54 | -7.96 | -20.22 | -0.36 | 0.0 | 21.74 | 46.53 | -11.3 | -28.49 | -0.01 | 9.69 | -54.75 |
| 23Q3 (16) | 49.02 | -0.71 | -15.58 | 37.2 | 8.14 | 35.27 | 0 | 0 | 0 | 0 | 0 | 0 | 30.22 | 1.38 | -13.68 | -1.6 | -58.42 | -292.77 | 13.45 | 7.0 | 8.38 | 11.81 | 11.5 | 84.61 | 76.62 | -0.73 | -9.16 | 1.48 | 8.03 | 25.42 | 6.43 | 0.0 | 0 | 0.75 | -31.82 | 19.05 | 28.62 | 0.0 | 0.0 | 21.18 | 0.0 | 5.16 | 0.46 | 0.0 | 91.67 | 52.82 | -2.94 | -29.51 | 74.47 | -2.09 | -21.87 | -0.36 | 2.7 | 10.0 | 52.46 | -2.94 | -29.61 | -0.01 | 10.22 | -127.88 |
| 23Q2 (15) | 49.37 | 11.47 | -45.48 | 34.4 | -2.82 | 56.36 | 0 | 0 | 0 | 0 | 0 | 0 | 29.81 | 9.72 | -39.89 | -1.01 | 72.63 | -110.73 | 12.57 | 24.46 | -28.42 | 10.59 | 45.2 | 37.17 | 77.18 | -7.52 | 4.23 | 1.37 | 8.73 | 63.1 | 6.43 | 0.0 | 0 | 1.1 | -12.7 | 77.42 | 28.62 | 0.0 | 0.0 | 21.18 | 5.16 | 5.16 | 0.46 | 91.67 | 91.67 | 54.42 | -12.0 | -26.56 | 76.06 | -7.49 | -19.5 | -0.37 | -2.78 | 0.0 | 54.05 | -12.09 | -26.69 | -0.01 | -84.88 | -24.71 |
| 23Q1 (14) | 44.29 | -7.05 | -52.8 | 35.4 | 11.5 | 158.39 | 0 | 0 | 0 | 0 | 0 | 0 | 27.17 | 1.87 | -46.53 | -3.69 | 60.7 | -138.56 | 10.1 | 4.99 | -43.76 | 7.30 | 22.92 | -2.7 | 83.46 | -0.27 | 30.16 | 1.26 | 5.0 | 68.0 | 6.43 | 0.0 | 0 | 1.26 | 147.06 | 70.27 | 28.62 | 0.0 | 0.0 | 20.14 | 0.0 | 32.76 | 0.24 | 0.0 | 0 | 61.84 | -5.63 | -33.36 | 82.22 | -4.3 | -23.85 | -0.36 | 21.74 | -24.14 | 61.48 | -5.52 | -33.54 | -0.01 | -3.23 | -48.19 |
| 22Q4 (13) | 47.65 | -17.94 | -51.33 | 31.75 | 15.45 | 86.76 | 0 | 0 | 0 | 0 | 0 | 0 | 26.67 | -23.82 | -54.45 | -9.39 | -1231.33 | -182.88 | 9.62 | -22.48 | -51.63 | 5.94 | -7.23 | -28.85 | 83.69 | -0.78 | 55.67 | 1.2 | 1.69 | 73.91 | 6.43 | 0 | 0 | 0.51 | -19.05 | -39.29 | 28.62 | 0.0 | 0.0 | 20.14 | 0.0 | 32.76 | 0.24 | 0.0 | 0 | 65.53 | -12.55 | -21.27 | 85.91 | -9.87 | -12.69 | -0.46 | -15.0 | -91.67 | 65.07 | -12.69 | -21.59 | -0.01 | -32.99 | -35.68 |
| 22Q3 (12) | 58.07 | -35.88 | -36.99 | 27.5 | 25.0 | 41.03 | 0 | 0 | 0 | 0 | 0 | 0 | 35.01 | -29.4 | -48.84 | 0.83 | -91.18 | -95.64 | 12.41 | -29.33 | -42.57 | 6.40 | -17.15 | -33.73 | 84.35 | 13.91 | 66.47 | 1.18 | 40.48 | 87.3 | 0 | 0 | 0 | 0.63 | 1.61 | -10.0 | 28.62 | 0.0 | 0.0 | 20.14 | 0.0 | 32.76 | 0.24 | 0.0 | 0 | 74.93 | 1.12 | 4.2 | 95.32 | 0.89 | 9.46 | -0.4 | -8.11 | -135.29 | 74.53 | 1.09 | 3.89 | -0.00 | 50.87 | 29.07 |
| 22Q2 (11) | 90.56 | -3.49 | 35.67 | 22.0 | 60.58 | 34.15 | 0 | 0 | 0 | 0 | 0 | 0 | 49.59 | -2.4 | -19.69 | 9.41 | -1.67 | -27.28 | 17.56 | -2.23 | -23.59 | 7.72 | 3.0 | -34.34 | 74.05 | 15.49 | 46.37 | 0.84 | 12.0 | 50.0 | 0 | 0 | 0 | 0.62 | -16.22 | -31.87 | 28.62 | 0.0 | 0.0 | 20.14 | 32.76 | 42.94 | 0.24 | 0 | 166.67 | 74.1 | -20.15 | 24.37 | 94.48 | -12.49 | 28.09 | -0.37 | -27.59 | -208.33 | 73.73 | -20.3 | 24.0 | -0.01 | -119.7 | 26.86 |
| 22Q1 (10) | 93.83 | -4.17 | 87.02 | 13.7 | -19.41 | -15.43 | 0 | 0 | 0 | 0 | 0 | 0 | 50.81 | -13.22 | 2.21 | 9.57 | -15.53 | 48.37 | 17.96 | -9.7 | -4.47 | 7.50 | -10.12 | -33.9 | 64.12 | 19.27 | 18.28 | 0.75 | 8.7 | 41.51 | 0 | 0 | 0 | 0.74 | -11.9 | -30.19 | 28.62 | 0.0 | 0.03 | 15.17 | 0.0 | 7.67 | 0 | 0 | -100.0 | 92.8 | 11.5 | 98.97 | 107.97 | 9.73 | 77.55 | -0.29 | -20.83 | -2800.0 | 92.51 | 11.47 | 98.39 | -0.00 | 5.49 | 69.18 |
| 21Q4 (9) | 97.91 | 6.24 | 172.12 | 17.0 | -12.82 | 26.87 | 0 | 0 | 0 | 0 | 0 | 0 | 58.55 | -14.44 | 33.25 | 11.33 | -40.52 | 358.7 | 19.89 | -7.96 | 21.73 | 8.34 | -13.6 | -22.06 | 53.76 | 6.1 | -9.93 | 0.69 | 9.52 | 32.69 | 0 | 0 | 0 | 0.84 | 20.0 | -25.0 | 28.62 | 0.0 | 0.14 | 15.17 | 0.0 | 7.67 | 0 | 0 | -100.0 | 83.23 | 15.74 | 107.09 | 98.4 | 13.0 | 80.98 | -0.24 | -41.18 | -500.0 | 82.99 | 15.68 | 106.19 | -0.00 | 30.48 | 70.51 |
| 21Q3 (8) | 92.16 | 38.07 | 306.89 | 19.5 | 18.9 | 78.24 | 0 | 0 | 0 | 0 | 0 | 0 | 68.43 | 10.82 | 71.12 | 19.05 | 47.22 | 700.42 | 21.61 | -5.96 | 26.15 | 9.65 | -17.91 | -21.37 | 50.67 | 0.16 | -24.9 | 0.63 | 12.5 | 21.15 | 0 | 0 | 0 | 0.7 | -23.08 | -36.94 | 28.62 | 0.0 | 0.14 | 15.17 | 7.67 | 7.67 | 0 | -100.0 | -100.0 | 71.91 | 20.69 | 90.69 | 87.08 | 18.06 | 67.82 | -0.17 | -41.67 | -270.0 | 71.74 | 20.65 | 89.74 | -0.01 | 49.34 | 58.85 |
| 21Q2 (7) | 66.75 | 33.05 | 173.34 | 16.4 | 1.23 | 190.78 | 0 | 0 | 0 | 0 | 0 | 0 | 61.75 | 24.22 | 92.31 | 12.94 | 100.62 | 362.14 | 22.98 | 22.23 | 68.85 | 11.76 | 3.69 | 0 | 50.59 | -6.68 | -23.92 | 0.56 | 5.66 | 12.0 | 0 | 0 | 0 | 0.91 | -14.15 | -27.78 | 28.62 | 0.03 | 0.14 | 14.09 | 0.0 | 0.0 | 0.09 | 0.0 | 0.0 | 59.58 | 27.74 | 68.64 | 73.76 | 21.3 | 48.98 | -0.12 | -1100.0 | -220.0 | 59.46 | 27.51 | 67.82 | -0.01 | 7.42 | 25.77 |
| 21Q1 (6) | 50.17 | 39.44 | 89.82 | 16.2 | 20.9 | 256.83 | 0 | 0 | 0 | 0 | 0 | 0 | 49.71 | 13.13 | 35.67 | 6.45 | 161.13 | 106.73 | 18.8 | 15.06 | 15.41 | 11.34 | 5.98 | 0 | 54.21 | -9.18 | -5.67 | 0.53 | 1.92 | 8.16 | 0 | 0 | 0 | 1.06 | -5.36 | -13.82 | 28.61 | 0.1 | 0.1 | 14.09 | 0.0 | 3.68 | 0.09 | 0.0 | 0 | 46.64 | 16.05 | 29.63 | 60.81 | 11.84 | 22.68 | -0.01 | -116.67 | -105.88 | 46.63 | 15.85 | 28.99 | -0.02 | 9.56 | 12.88 |
| 20Q4 (5) | 35.98 | 58.85 | 30.5 | 13.4 | 22.49 | 389.05 | 0 | 0 | 0 | 0 | 0 | 0 | 43.94 | 9.88 | 42.76 | 2.47 | 3.78 | 17.62 | 16.34 | -4.61 | 29.99 | 10.70 | -12.83 | 0 | 59.69 | -11.53 | 20.03 | 0.52 | 0.0 | 0.0 | 0 | 0 | 0 | 1.12 | 0.9 | 36.59 | 28.58 | 0.0 | 0.0 | 14.09 | 0.0 | 3.68 | 0.09 | 0.0 | 0 | 40.19 | 6.58 | 22.31 | 54.37 | 4.78 | 17.05 | 0.06 | -40.0 | 166.67 | 40.25 | 6.45 | 22.83 | -0.02 | 2.99 | -0.75 |
| 20Q3 (4) | 22.65 | -7.25 | 0.0 | 10.94 | 93.97 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 39.99 | 24.54 | 0.0 | 2.38 | -15.0 | 0.0 | 17.13 | 25.86 | 0.0 | 12.28 | 0 | 0.0 | 67.47 | 1.46 | 0.0 | 0.52 | 4.0 | 0.0 | 0 | 0 | 0.0 | 1.11 | -11.9 | 0.0 | 28.58 | 0.0 | 0.0 | 14.09 | 0.0 | 0.0 | 0.09 | 0.0 | 0.0 | 37.71 | 6.74 | 0.0 | 51.89 | 4.81 | 0.0 | 0.1 | 0.0 | 0.0 | 37.81 | 6.72 | 0.0 | -0.02 | 8.61 | 0.0 |
