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) | 24.11 | -15.11 | 147.02 | 0.37 | 0 | 0 | 0 | 0 | 708.92 | 0.87 | 7.87 | -53.68 | 135.87 | 5.78 | 19.17 | 4.87 | 205.17 | 26.13 | 0 | 0 | 17.68 | -5.45 | 0.07 | -36.36 | 42.81 | 1.09 | 13.05 | 15.28 | 0 | 0 | 16.67 | -12.68 | 29.72 | -14.96 | -0.12 | 0 | 16.55 | -13.67 | 0.00 | 0 |
| 2022 (9) | 28.4 | 25.28 | 146.48 | 33.21 | 0 | 0 | 0 | 0 | 702.81 | -2.93 | 16.99 | -1.28 | 128.44 | -5.2 | 18.28 | -2.34 | 162.66 | 58.12 | 0 | 0 | 18.7 | 1384.13 | 0.11 | -63.33 | 42.35 | 1.83 | 11.32 | 17.79 | 4.55 | 24.32 | 19.09 | 11.31 | 34.95 | 14.89 | 0.08 | 0 | 19.17 | 52.14 | 0.00 | 0 |
| 2021 (8) | 22.67 | -8.81 | 109.96 | 12.84 | 0 | 0 | 0 | 0 | 724.05 | 23.95 | 17.21 | 146.21 | 135.49 | 26.88 | 18.71 | 2.36 | 102.87 | 30.94 | 0 | 0 | 1.26 | -86.44 | 0.3 | -44.44 | 41.59 | 13.08 | 9.61 | 7.86 | 3.66 | 59.83 | 17.15 | 144.65 | 30.42 | 67.05 | -4.55 | 0 | 12.6 | 276.12 | 0.00 | 0 |
| 2020 (7) | 24.86 | 6.42 | 97.45 | -1.02 | 0 | 0 | 0 | 0 | 584.13 | 21.13 | 6.99 | 168.85 | 106.79 | 29.87 | 18.28 | 7.21 | 78.56 | -25.03 | 0 | 0 | 9.29 | 0 | 0.54 | -6.9 | 36.78 | 0.0 | 8.91 | 3.01 | 2.29 | 64.75 | 7.01 | 113.07 | 18.21 | 36.61 | -3.66 | 0 | 3.35 | 235.0 | 0.00 | 0 |
| 2019 (6) | 23.36 | 29.56 | 98.45 | -16.12 | 0 | 0 | 0 | 0 | 482.24 | -8.99 | 2.6 | -58.33 | 82.23 | -2.39 | 17.05 | 7.26 | 104.79 | -21.83 | 0 | 0 | 0 | 0 | 0.58 | 544.44 | 36.78 | 6.64 | 8.65 | 7.86 | 1.39 | -2.8 | 3.29 | -52.32 | 13.33 | -18.52 | -2.29 | 0 | 1.0 | -81.85 | 0.00 | 0 |
| 2018 (5) | 18.03 | 3.62 | 117.37 | 28.65 | 0.32 | -83.33 | 0 | 0 | 529.87 | 2.04 | 6.24 | -1.11 | 84.24 | 5.34 | 15.90 | 3.24 | 134.05 | 31.11 | 0 | 0 | 0 | 0 | 0.09 | 0.0 | 34.49 | 6.78 | 8.02 | 8.53 | 1.43 | 0 | 6.9 | 7.98 | 16.36 | 18.72 | -1.39 | 0 | 5.51 | 11.09 | 0.00 | 0 |
| 2017 (4) | 17.4 | -28.42 | 91.23 | -0.56 | 1.92 | 0 | 0 | 0 | 519.29 | 18.72 | 6.31 | 61.38 | 79.97 | -2.84 | 15.40 | -18.16 | 102.24 | 24.85 | 0 | 0 | 0 | 0 | 0.09 | 12.5 | 32.3 | 0.0 | 7.39 | 5.42 | 0 | 0 | 6.39 | 67.28 | 13.78 | 27.24 | -1.43 | 0 | 4.96 | 21.27 | 0.00 | 0 |
| 2016 (3) | 24.31 | 1.12 | 91.74 | 29.65 | 0 | 0 | 0 | 0 | 437.42 | 12.62 | 3.91 | -17.34 | 82.31 | 30.24 | 18.82 | 15.64 | 81.89 | 29.39 | 0 | 0 | 1.88 | 0 | 0.08 | -27.27 | 32.3 | 14.13 | 7.01 | 7.19 | 0 | 0 | 3.82 | -18.72 | 10.83 | -3.65 | 0.27 | -73.79 | 4.09 | -28.62 | 0.00 | 0 |
| 2015 (2) | 24.04 | 13.77 | 70.76 | 4.94 | 0 | 0 | 0 | 0 | 388.39 | -2.74 | 4.73 | -6.52 | 63.2 | -2.71 | 16.27 | 0.03 | 63.29 | 0.05 | 0 | 0 | 0 | 0 | 0.11 | -42.11 | 28.3 | 5.24 | 6.54 | 8.28 | 0 | 0 | 4.7 | -6.93 | 11.24 | -5.94 | 1.03 | 186.11 | 5.73 | 5.91 | 0.00 | 0 |
| 2014 (1) | 21.13 | 2.27 | 67.43 | 26.18 | 2.67 | -64.49 | 0 | 0 | 399.33 | 19.92 | 5.06 | -4.17 | 64.96 | 5.4 | 16.27 | -12.11 | 63.26 | 15.52 | 0 | 0 | 0 | 0 | 0.19 | -5.0 | 26.89 | 10.2 | 6.04 | 9.62 | 0.86 | -40.28 | 5.05 | 8.6 | 11.95 | 3.02 | 0.36 | 0 | 5.41 | 42.74 | 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) | 20.8 | 39.13 | -9.88 | 148.44 | -17.36 | -6.38 | 8.75 | -25.66 | 0 | 0 | 0 | 0 | 240.11 | 6.54 | 28.64 | 3.47 | -3.88 | 36.61 | 166.85 | 1.28 | 21.34 | 20.06 | -5.23 | 2.74 | 187.37 | 1.83 | -8.84 | 0 | 0 | 0 | 22.11 | 0 | 25.55 | 0.08 | -11.11 | 0.0 | 46.24 | 2.57 | 8.01 | 13.84 | 0.0 | 6.05 | 0.12 | 0.0 | 0 | 15.82 | 27.99 | 10.09 | 29.78 | 13.15 | 8.61 | 1.78 | -45.23 | -37.54 | 17.6 | 12.75 | 2.21 | 0.00 | 0 | 0 |
| 24Q2 (19) | 14.95 | -37.84 | -38.48 | 179.62 | 11.04 | 22.62 | 11.77 | 0 | 0 | 0 | 0 | 0 | 225.37 | 22.19 | 28.7 | 3.61 | 113.61 | 165.44 | 164.74 | 11.1 | 23.98 | 21.16 | 3.93 | 11.45 | 184.0 | -7.8 | 17.04 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.09 | -10.0 | -10.0 | 45.08 | 5.3 | 5.7 | 13.84 | 6.05 | 6.05 | 0.12 | 0 | 0 | 12.36 | -32.68 | 4.48 | 26.32 | -16.21 | 5.79 | 3.25 | 35.98 | 377.94 | 15.61 | -24.77 | 24.78 | 0.00 | 0 | 0 |
| 24Q1 (18) | 24.05 | -0.25 | 7.99 | 161.76 | 10.03 | 28.21 | 0 | 0 | 0 | 0 | 0 | 0 | 184.44 | 1.39 | 11.62 | 1.69 | -25.55 | -0.59 | 148.28 | 9.13 | 22.02 | 20.36 | 6.26 | 17.11 | 199.56 | -2.73 | 33.57 | 0 | 0 | 0 | 17.75 | 0.4 | -5.43 | 0.1 | 42.86 | -23.08 | 42.81 | 0.0 | 1.09 | 13.05 | 0.0 | 15.28 | 0 | 0 | -100.0 | 18.36 | 10.14 | -11.69 | 31.41 | 5.69 | -14.3 | 2.39 | 2091.67 | 1139.13 | 20.75 | 25.38 | 0.92 | 0.00 | 0 | 0 |
| 23Q4 (17) | 24.11 | 4.46 | -15.11 | 147.02 | -7.27 | 0.37 | 0 | 0 | 0 | 0 | 0 | 0 | 181.92 | -2.53 | 2.59 | 2.27 | -10.63 | -18.35 | 135.87 | -1.19 | 5.78 | 19.17 | -1.83 | 4.87 | 205.17 | -0.18 | 26.13 | 0 | 0 | 0 | 17.68 | 0.4 | -5.45 | 0.07 | -12.5 | -36.36 | 42.81 | 0.0 | 1.09 | 13.05 | 0.0 | 15.28 | 0 | 0 | -100.0 | 16.67 | 16.01 | -12.68 | 29.72 | 8.39 | -14.96 | -0.12 | -104.21 | -250.0 | 16.55 | -3.89 | -13.67 | 0.00 | 0 | 0 |
| 23Q3 (16) | 23.08 | -5.02 | -0.77 | 158.55 | 8.24 | 2.56 | 0 | 0 | 0 | 0 | 0 | 0 | 186.65 | 6.59 | 2.53 | 2.54 | 86.76 | -31.72 | 137.51 | 3.48 | -9.81 | 19.52 | 2.81 | -9.24 | 205.53 | 30.74 | 13.37 | 0 | 0 | 0 | 17.61 | -2.11 | -5.58 | 0.08 | -20.0 | -52.94 | 42.81 | 0.38 | 1.09 | 13.05 | 0.0 | 15.28 | 0 | 0 | -100.0 | 14.37 | 21.47 | -10.52 | 27.42 | 10.21 | -14.12 | 2.85 | 319.12 | 10.89 | 17.22 | 37.65 | -7.57 | 0.00 | 0 | 0 |
| 23Q2 (15) | 24.3 | 9.12 | 30.5 | 146.48 | 16.1 | 41.39 | 0 | 0 | 0 | 0 | 0 | 0 | 175.11 | 5.97 | 0.52 | 1.36 | -20.0 | -74.95 | 132.88 | 9.35 | -1.7 | 18.99 | 9.21 | 1.5 | 157.21 | 5.22 | 9.18 | 0 | 0 | 0 | 17.99 | -4.16 | -4.05 | 0.1 | -23.08 | -56.52 | 42.65 | 0.71 | 0.97 | 13.05 | 15.28 | 15.28 | 0 | -100.0 | -100.0 | 11.83 | -43.1 | -4.06 | 24.88 | -32.11 | -11.77 | 0.68 | 395.65 | 146.26 | 12.51 | -39.15 | 15.19 | 0.00 | 0 | 0 |
| 23Q1 (14) | 22.27 | -21.58 | -22.94 | 126.17 | -13.87 | 19.74 | 0 | 0 | 0 | 0 | 0 | 0 | 165.24 | -6.81 | -2.37 | 1.7 | -38.85 | -66.4 | 121.52 | -5.39 | -7.7 | 17.39 | -4.84 | -2.91 | 149.41 | -8.15 | 24.27 | 0 | 0 | 0 | 18.77 | 0.37 | 4369.05 | 0.13 | 18.18 | -55.17 | 42.35 | 0.0 | 0.62 | 11.32 | 0.0 | 17.79 | 4.55 | 0.0 | 24.32 | 20.79 | 8.91 | 118.61 | 36.65 | 4.86 | 60.96 | -0.23 | -387.5 | 92.41 | 20.56 | 7.25 | 217.28 | 0.00 | 0 | 0 |
| 22Q4 (13) | 28.4 | 22.1 | 25.28 | 146.48 | -5.25 | 33.21 | 0 | 0 | 0 | 0 | 0 | 0 | 177.32 | -2.59 | -3.21 | 2.78 | -25.27 | -39.57 | 128.44 | -15.75 | -5.2 | 18.27 | -15.05 | -2.34 | 162.66 | -10.28 | 58.12 | 0 | 0 | 0 | 18.7 | 0.27 | 1384.13 | 0.11 | -35.29 | -63.33 | 42.35 | 0.0 | 1.83 | 11.32 | 0.0 | 17.79 | 4.55 | 0.0 | 24.32 | 19.09 | 18.87 | 11.31 | 34.95 | 9.46 | 14.89 | 0.08 | -96.89 | 101.76 | 19.17 | 2.9 | 52.14 | 0.00 | 0 | 0 |
| 22Q3 (12) | 23.26 | 24.92 | -2.15 | 154.59 | 49.22 | 54.25 | 0 | 0 | 0 | 0 | 0 | 0 | 182.04 | 4.49 | -7.03 | 3.72 | -31.49 | -30.08 | 152.46 | 12.78 | 11.28 | 21.51 | 14.97 | 9.41 | 181.29 | 25.9 | 89.67 | 0 | 0 | 0 | 18.65 | -0.53 | 354.88 | 0.17 | -26.09 | -54.05 | 42.35 | 0.26 | 6.11 | 11.32 | 0.0 | 17.79 | 4.55 | 0.0 | 24.32 | 16.06 | 30.25 | 27.26 | 31.93 | 13.23 | 23.38 | 2.57 | 274.83 | 157.75 | 18.63 | 71.55 | 128.03 | 0.00 | 0 | 0 |
| 22Q2 (11) | 18.62 | -35.57 | -36.69 | 103.6 | -1.68 | 17.47 | 0 | 0 | 0 | 0 | 0 | 0 | 174.21 | 2.93 | -6.74 | 5.43 | 7.31 | 19.34 | 135.18 | 2.67 | 9.89 | 18.71 | 4.46 | 2.46 | 143.99 | 19.76 | 73.42 | 0 | 0 | 0 | 18.75 | 4364.29 | 110.67 | 0.23 | -20.69 | -47.73 | 42.24 | 0.36 | 14.04 | 11.32 | 17.79 | 27.05 | 4.55 | 24.32 | 98.69 | 12.33 | 29.65 | 31.73 | 28.2 | 23.85 | 37.16 | -1.47 | 51.49 | 65.25 | 10.86 | 67.59 | 111.7 | 0.00 | 0 | 0 |
| 22Q1 (10) | 28.9 | 27.48 | 36.19 | 105.37 | -4.17 | 10.17 | 0 | 0 | 0 | 0 | 0 | 0 | 169.25 | -7.61 | 6.96 | 5.06 | 10.0 | 84.67 | 131.66 | -2.83 | 11.48 | 17.91 | -4.28 | -4.94 | 120.23 | 16.88 | 60.33 | 0 | 0 | 0 | 0.42 | -66.67 | -95.5 | 0.29 | -3.33 | -42.0 | 42.09 | 1.2 | 14.44 | 9.61 | 0.0 | 7.86 | 3.66 | 0.0 | 59.83 | 9.51 | -44.55 | 98.12 | 22.77 | -25.15 | 42.31 | -3.03 | 33.41 | 13.43 | 6.48 | -48.57 | 398.46 | 0.00 | 0 | 0 |
| 21Q4 (9) | 22.67 | -4.63 | -8.81 | 109.96 | 9.72 | 12.84 | 0 | 0 | 0 | 0 | 0 | 0 | 183.2 | -6.44 | 17.52 | 4.6 | -13.53 | 170.59 | 135.49 | -1.1 | 26.88 | 18.71 | -4.83 | 2.36 | 102.87 | 7.63 | 30.94 | 0 | 0 | 0 | 1.26 | -69.27 | -86.44 | 0.3 | -18.92 | -44.44 | 41.59 | 4.21 | 13.08 | 9.61 | 0.0 | 7.86 | 3.66 | 0.0 | 59.83 | 17.15 | 35.9 | 144.65 | 30.42 | 17.54 | 67.05 | -4.55 | -2.25 | -24.32 | 12.6 | 54.22 | 276.12 | 0.00 | 0 | 0 |
| 21Q3 (8) | 23.77 | -19.18 | 6.31 | 100.22 | 13.64 | -7.44 | 0 | 0 | 0 | 0 | 0 | 0 | 195.81 | 4.82 | 13.41 | 5.32 | 16.92 | 126.38 | 137.0 | 11.37 | 33.42 | 19.66 | 7.67 | 7.02 | 95.58 | 15.12 | 16.75 | 0 | 0 | 0 | 4.1 | -53.93 | 0 | 0.37 | -15.91 | -30.19 | 39.91 | 7.75 | 8.51 | 9.61 | 7.86 | 7.86 | 3.66 | 59.83 | 59.83 | 12.62 | 34.83 | 138.56 | 25.88 | 25.88 | 56.94 | -4.45 | -5.2 | -39.06 | 8.17 | 59.26 | 290.91 | 0.00 | 0 | 0 |
| 21Q2 (7) | 29.41 | 38.6 | 14.26 | 88.19 | -7.79 | -14.14 | 0 | 0 | 0 | 0 | 0 | 0 | 186.8 | 18.06 | 33.46 | 4.55 | 66.06 | 123.04 | 123.01 | 4.16 | 30.16 | 18.26 | -3.08 | 0 | 83.03 | 10.72 | -10.8 | 0 | 0 | 0 | 8.9 | -4.61 | 0 | 0.44 | -12.0 | -12.0 | 37.04 | 0.71 | 0.71 | 8.91 | 0.0 | 0.0 | 2.29 | 0.0 | 0.0 | 9.36 | 95.0 | 217.29 | 20.56 | 28.5 | 45.3 | -4.23 | -20.86 | -50.53 | 5.13 | 294.62 | 3564.29 | 0.00 | 0 | 0 |
| 21Q1 (6) | 21.22 | -14.64 | -10.8 | 95.64 | -1.86 | -16.01 | 0 | 0 | 0 | 0 | 0 | 0 | 158.23 | 1.5 | 36.85 | 2.74 | 61.18 | 201.1 | 118.1 | 10.59 | 38.19 | 18.84 | 3.07 | 0 | 74.99 | -4.54 | -23.07 | 0 | 0 | 0 | 9.33 | 0.43 | 0 | 0.5 | -7.41 | -9.09 | 36.78 | 0.0 | 0.0 | 8.91 | 0.0 | 3.01 | 2.29 | 0.0 | 64.75 | 4.8 | -31.53 | 130.77 | 16.0 | -12.14 | 32.12 | -3.5 | 4.37 | -66.67 | 1.3 | -61.19 | 6600.0 | 0.00 | 0 | 0 |
| 20Q4 (5) | 24.86 | 11.18 | 6.42 | 97.45 | -10.0 | -1.02 | 0 | 0 | 0 | 0 | 0 | 0 | 155.89 | -9.71 | 19.36 | 1.7 | -27.66 | 507.14 | 106.79 | 4.0 | 29.87 | 18.28 | -0.5 | 0 | 78.56 | -4.04 | -25.03 | 0 | 0 | 0 | 9.29 | 0 | 0 | 0.54 | 1.89 | -6.9 | 36.78 | 0.0 | 0.0 | 8.91 | 0.0 | 3.01 | 2.29 | 0.0 | 64.75 | 7.01 | 32.51 | 113.07 | 18.21 | 10.43 | 36.61 | -3.66 | -14.37 | -59.83 | 3.35 | 60.29 | 235.0 | 0.00 | 0 | 0 |
| 20Q3 (4) | 22.36 | -13.13 | 0.0 | 108.28 | 5.42 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 172.66 | 23.36 | 0.0 | 2.35 | 15.2 | 0.0 | 102.68 | 8.64 | 0.0 | 18.37 | 0 | 0.0 | 81.87 | -12.04 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.53 | 6.0 | 0.0 | 36.78 | 0.0 | 0.0 | 8.91 | 0.0 | 0.0 | 2.29 | 0.0 | 0.0 | 5.29 | 79.32 | 0.0 | 16.49 | 16.54 | 0.0 | -3.2 | -13.88 | 0.0 | 2.09 | 1392.86 | 0.0 | 0.00 | 0 | 0.0 |
