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) | 57.15 | 17.28 | 0.95 | -25.2 | 1.74 | -41.61 | 0 | 0 | 119.66 | -8.41 | 15.89 | -35.27 | 15.59 | 15.14 | 13.03 | 25.72 | 11.87 | -60.66 | 0 | 0 | 0 | 0 | 6.83 | 11.06 | 24.86 | 0.0 | 19.15 | 14.88 | 0 | 0 | 33.61 | 3.03 | 52.76 | 7.02 | 10.67 | 123.22 | 44.28 | 18.4 | 0.03 | -20.83 |
| 2022 (9) | 48.73 | 2.31 | 1.27 | 0 | 2.98 | -7.74 | 0 | 0 | 130.65 | 61.6 | 24.55 | 112.37 | 13.54 | 44.2 | 10.36 | -10.77 | 30.17 | 128.39 | 0 | 0 | 0 | 0 | 6.15 | 21.78 | 24.86 | 0.0 | 16.67 | 7.41 | 0 | 0 | 32.62 | 88.88 | 49.3 | 50.35 | 4.78 | -65.11 | 37.4 | 20.76 | 0.04 | 6.51 |
| 2021 (8) | 47.63 | 56.27 | 0 | 0 | 3.23 | 247.31 | 0 | 0 | 80.85 | 47.13 | 11.56 | 331.34 | 9.39 | 35.89 | 11.61 | -7.64 | 13.21 | 163.67 | 0 | 0 | 0 | 0 | 5.05 | 94.98 | 24.86 | 0.0 | 15.52 | 2.78 | 0 | 0 | 17.27 | 251.73 | 32.79 | 38.3 | 13.7 | 92.15 | 30.97 | 157.23 | 0.04 | 421.13 |
| 2020 (7) | 30.48 | 9.8 | 0 | 0 | 0.93 | -16.96 | 0 | 0 | 54.95 | 3.56 | 2.68 | -22.99 | 6.91 | -19.46 | 12.58 | -22.23 | 5.01 | -21.1 | 0 | 0 | 0 | 0 | 2.59 | -52.99 | 24.86 | 0.0 | 15.1 | 2.44 | 3.7 | -27.73 | 4.91 | 30.24 | 23.71 | 0.34 | 7.13 | 0 | 12.04 | 17100.0 | 0.01 | -33.88 |
| 2019 (6) | 27.76 | 16.25 | 0 | 0 | 1.12 | -23.29 | 0 | 0 | 53.06 | 8.18 | 3.48 | 32.32 | 8.58 | -2.83 | 16.17 | -10.17 | 6.35 | 6.54 | 0.81 | -4.71 | 0 | 0 | 5.51 | -20.26 | 24.86 | 0.0 | 14.74 | -7.64 | 5.12 | 51100.0 | 3.77 | -37.06 | 23.63 | 7.6 | -3.7 | 0 | 0.07 | -91.95 | 0.01 | 259.55 |
| 2018 (5) | 23.88 | -24.43 | 0 | 0 | 1.46 | 14.96 | 0 | 0 | 49.05 | -8.2 | 2.63 | -68.54 | 8.83 | 25.96 | 18.00 | 37.21 | 5.96 | 37.33 | 0.85 | -10.53 | 0 | 0 | 6.91 | 58.85 | 24.86 | 0.0 | 15.96 | 5.49 | 0.01 | 0 | 5.99 | -35.87 | 21.96 | -10.26 | -5.12 | 0 | 0.87 | -90.68 | 0.00 | 0 |
| 2017 (4) | 31.6 | 72.49 | 0 | 0 | 1.27 | -52.26 | 0 | 0 | 53.43 | -16.8 | 8.36 | 197.51 | 7.01 | -31.68 | 13.12 | -17.88 | 4.34 | -31.11 | 0.95 | 28.38 | 0.29 | -74.56 | 4.35 | -18.84 | 24.86 | 0.0 | 15.13 | 1.89 | 0 | 0 | 9.34 | 158.01 | 24.47 | 32.49 | -0.01 | 0 | 9.33 | 136.8 | 0.00 | 0 |
| 2016 (3) | 18.32 | -27.33 | 0 | 0 | 2.66 | 104.62 | 0 | 0 | 64.22 | -2.37 | 2.81 | -39.05 | 10.26 | 27.14 | 15.98 | 30.23 | 6.3 | -19.75 | 0.74 | -26.73 | 1.14 | -33.33 | 5.36 | -2.37 | 24.86 | 0.0 | 14.85 | 3.2 | 0 | 0 | 3.62 | -38.33 | 18.47 | -9.42 | 0.32 | -51.52 | 3.94 | -39.66 | 0.00 | 0 |
| 2015 (2) | 25.21 | -41.55 | 0 | 0 | 1.3 | 49.43 | 0 | 0 | 65.78 | 14.56 | 4.61 | -32.11 | 8.07 | 28.5 | 12.27 | 12.17 | 7.85 | 42.99 | 1.01 | 0.0 | 1.71 | 1454.55 | 5.49 | 45.24 | 24.86 | -40.0 | 14.39 | 4.96 | 0.14 | -67.44 | 5.87 | -26.53 | 20.39 | -7.86 | 0.66 | 0 | 6.53 | -16.82 | 0.00 | 2.34 |
| 2014 (1) | 43.13 | -6.65 | 0 | 0 | 0.87 | -56.72 | 0 | 0 | 57.42 | -17.33 | 6.79 | -17.09 | 6.28 | -15.7 | 10.94 | 1.97 | 5.49 | 18.06 | 1.01 | -14.41 | 0.11 | -84.06 | 3.78 | -12.5 | 41.43 | 1.44 | 13.71 | 6.36 | 0.43 | -23.21 | 7.99 | -21.13 | 22.13 | -6.11 | -0.14 | 0 | 7.85 | -19.07 | 0.00 | -33.39 |
| 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) | 83.19 | -15.97 | 50.05 | 0.25 | -46.81 | -88.84 | 4.42 | 123.23 | 74.02 | 0 | 0 | 0 | 28.84 | 8.87 | -2.63 | 2.64 | 1.15 | -25.42 | 12.36 | 13.6 | -18.74 | 11.30 | 14.41 | -7.93 | 8.42 | -9.36 | -48.66 | 0 | 0 | 0 | 0 | 0 | 0 | 22.9 | 25.0 | 201.32 | 26.06 | 0.0 | 4.83 | 20.73 | 0.0 | 8.25 | 0 | 0 | 0 | 28.89 | 10.06 | -5.03 | 49.62 | 5.62 | 0.1 | 12.58 | 6.34 | 49.23 | 41.47 | 8.9 | 6.74 | 0.03 | 4.08 | -24.88 |
| 24Q2 (19) | 99.0 | -0.4 | 54.88 | 0.47 | -51.04 | -76.02 | 1.98 | -22.66 | -22.96 | 0 | 0 | 0 | 26.49 | 2.71 | -9.19 | 2.61 | -6.79 | -36.96 | 10.88 | 22.8 | -17.26 | 9.88 | 25.79 | -4.8 | 9.29 | -2.82 | -47.4 | 0 | 0 | 0 | 0 | 0 | 0 | 18.32 | 14.72 | 234.92 | 26.06 | 0.0 | 4.83 | 20.73 | 8.25 | 8.25 | 0 | 0 | 0 | 26.25 | -27.9 | -2.34 | 46.98 | -15.44 | 2.06 | 11.83 | 5.53 | 44.44 | 38.08 | -20.03 | 8.58 | 0.03 | 10.74 | -29.75 |
| 24Q1 (18) | 99.4 | 73.93 | 81.32 | 0.96 | 1.05 | -37.25 | 2.56 | 47.13 | -2.29 | 0 | 0 | 0 | 25.79 | -8.68 | -20.94 | 2.8 | -12.5 | -44.22 | 8.86 | -43.17 | -40.54 | 7.85 | -39.73 | -30.84 | 9.56 | -19.46 | -58.54 | 0 | 0 | 0 | 0 | 0 | 0 | 15.97 | 133.82 | 159.67 | 26.06 | 4.83 | 4.83 | 19.15 | 0.0 | 14.88 | 0 | 0 | 0 | 36.41 | 8.33 | -3.27 | 55.56 | 5.31 | 2.28 | 11.21 | 5.06 | 20.02 | 47.62 | 7.54 | 1.36 | 0.02 | -27.31 | -34.25 |
| 23Q4 (17) | 57.15 | 3.08 | 17.28 | 0.95 | -57.59 | -25.2 | 1.74 | -31.5 | -41.61 | 0 | 0 | 0 | 28.24 | -4.66 | -13.11 | 3.2 | -9.6 | -38.93 | 15.59 | 2.5 | 15.14 | 13.03 | 6.15 | 25.74 | 11.87 | -27.62 | -60.66 | 0 | 0 | 0 | 0 | 0 | 0 | 6.83 | -10.13 | 11.06 | 24.86 | 0.0 | 0.0 | 19.15 | 0.0 | 14.88 | 0 | 0 | 0 | 33.61 | 10.49 | 3.03 | 52.76 | 6.44 | 7.02 | 10.67 | 26.57 | 123.22 | 44.28 | 13.98 | 18.4 | 0.03 | -10.35 | -20.83 |
| 23Q3 (16) | 55.44 | -13.27 | 4.74 | 2.24 | 14.29 | 0 | 2.54 | -1.17 | -4.51 | 0 | 0 | 0 | 29.62 | 1.54 | -8.69 | 3.54 | -14.49 | -40.9 | 15.21 | 15.67 | 14.19 | 12.28 | 18.3 | 14.83 | 16.4 | -7.13 | -48.8 | 0 | 0 | 0 | 0 | 0 | 0 | 7.6 | 38.94 | 50.2 | 24.86 | 0.0 | 0.0 | 19.15 | 0.0 | 14.88 | 0 | 0 | 0 | 30.42 | 13.17 | 11.8 | 49.57 | 7.69 | 12.94 | 8.43 | 2.93 | 144.35 | 38.85 | 10.78 | 26.71 | 0.04 | -2.66 | -22.34 |
| 23Q2 (15) | 63.92 | 16.6 | 16.75 | 1.96 | 28.1 | 0 | 2.57 | -1.91 | -20.43 | 0 | 0 | 0 | 29.17 | -10.58 | -13.31 | 4.14 | -17.53 | -37.37 | 13.15 | -11.74 | -10.42 | 10.38 | -8.63 | -19.17 | 17.66 | -23.42 | -25.36 | 0 | 0 | 0 | 0 | 0 | 0 | 5.47 | -11.06 | 34.73 | 24.86 | 0.0 | 0.0 | 19.15 | 14.88 | 14.88 | 0 | 0 | 0 | 26.88 | -28.59 | 26.67 | 46.03 | -15.26 | 21.45 | 8.19 | -12.31 | 88.71 | 35.07 | -25.35 | 37.21 | 0.04 | 3.66 | -22.06 |
| 23Q1 (14) | 54.82 | 12.5 | -4.63 | 1.53 | 20.47 | 0 | 2.62 | -12.08 | -16.03 | 0 | 0 | 0 | 32.62 | 0.37 | 1.71 | 5.02 | -4.2 | -25.07 | 14.9 | 10.04 | 20.26 | 11.36 | 9.58 | -10.56 | 23.06 | -23.57 | 35.25 | 0 | 0 | 0 | 0 | 0 | 0 | 6.15 | 0.0 | 35.16 | 24.86 | 0.0 | 0.0 | 16.67 | 0.0 | 7.41 | 0 | 0 | 0 | 37.64 | 15.39 | 57.03 | 54.32 | 10.18 | 37.55 | 9.34 | 95.4 | -3.41 | 46.98 | 25.61 | 39.66 | 0.04 | -12.47 | -19.17 |
| 22Q4 (13) | 48.73 | -7.94 | 2.31 | 1.27 | 0 | 0 | 2.98 | 12.03 | -7.74 | 0 | 0 | 0 | 32.5 | 0.18 | 22.87 | 5.24 | -12.52 | 9.39 | 13.54 | 1.65 | 44.2 | 10.36 | -3.06 | -10.76 | 30.17 | -5.81 | 128.39 | 0 | 0 | 0 | 0 | 0 | 0 | 6.15 | 21.54 | 21.78 | 24.86 | 0.0 | 0.0 | 16.67 | 0.0 | 7.41 | 0 | 0 | 0 | 32.62 | 19.88 | 88.88 | 49.3 | 12.33 | 50.35 | 4.78 | 38.55 | -65.11 | 37.4 | 21.98 | 20.76 | 0.04 | -12.07 | 6.51 |
| 22Q3 (12) | 52.93 | -3.32 | 23.7 | 0 | 0 | 0 | 2.66 | -17.65 | 35.03 | 0 | 0 | 0 | 32.44 | -3.6 | 46.26 | 5.99 | -9.38 | 83.18 | 13.32 | -9.26 | 69.25 | 10.69 | -16.74 | -6.68 | 32.03 | 35.38 | 218.71 | 0 | 0 | 0 | 0 | 0 | 0 | 5.06 | 24.63 | -6.64 | 24.86 | 0.0 | 0.0 | 16.67 | 0.0 | 7.41 | 0 | 0 | 0 | 27.21 | 28.23 | 118.03 | 43.89 | 15.8 | 56.75 | 3.45 | -20.51 | -73.86 | 30.66 | 19.95 | 19.39 | 0.05 | -2.31 | 66.58 |
| 22Q2 (11) | 54.75 | -4.75 | 44.34 | 0 | 0 | 0 | 3.23 | 3.53 | 258.89 | 0 | 0 | 0 | 33.65 | 4.93 | 99.35 | 6.61 | -1.34 | 265.19 | 14.68 | 18.48 | 87.01 | 12.84 | 1.11 | 0.51 | 23.66 | 38.77 | 201.02 | 0 | 0 | 0 | 0 | 0 | 0 | 4.06 | -10.77 | 37.16 | 24.86 | 0.0 | 0.0 | 16.67 | 7.41 | 10.4 | 0 | 0 | -100.0 | 21.22 | -11.47 | 152.32 | 37.9 | -4.03 | 39.29 | 4.34 | -55.12 | -54.84 | 25.56 | -24.02 | 41.84 | 0.05 | 7.51 | 125.04 |
| 22Q1 (10) | 57.48 | 20.68 | 55.69 | 0 | 0 | 0 | 3.12 | -3.41 | 333.33 | 0 | 0 | 0 | 32.07 | 21.25 | 108.93 | 6.7 | 39.87 | 294.12 | 12.39 | 31.95 | 124.46 | 12.70 | 9.34 | 32.59 | 17.05 | 29.07 | 169.35 | 0 | 0 | 0 | 0 | 0 | 0 | 4.55 | -9.9 | 58.54 | 24.86 | 0.0 | 0.0 | 15.52 | 0.0 | 2.78 | 0 | 0 | -100.0 | 23.97 | 38.8 | 262.63 | 39.49 | 20.43 | 55.41 | 9.67 | -29.42 | 13.76 | 33.64 | 8.62 | 122.63 | 0.04 | 15.33 | 195.66 |
| 21Q4 (9) | 47.63 | 11.31 | 56.27 | 0 | 0 | 0 | 3.23 | 63.96 | 247.31 | 0 | 0 | 0 | 26.45 | 19.25 | 84.97 | 4.79 | 46.48 | 1895.83 | 9.39 | 19.31 | 35.89 | 11.61 | 1.39 | -7.67 | 13.21 | 31.44 | 163.67 | 0 | 0 | 0 | 0 | 0 | 0 | 5.05 | -6.83 | 94.98 | 24.86 | 0.0 | 0.0 | 15.52 | 0.0 | 2.78 | 0 | 0 | -100.0 | 17.27 | 38.38 | 251.73 | 32.79 | 17.11 | 38.3 | 13.7 | 3.79 | 92.15 | 30.97 | 20.6 | 157.23 | 0.04 | 37.53 | 421.13 |
| 21Q3 (8) | 42.79 | 12.81 | 50.4 | 0 | 0 | 0 | 1.97 | 118.89 | 61.48 | 0 | 0 | 0 | 22.18 | 31.4 | 48.56 | 3.27 | 80.66 | 427.42 | 7.87 | 0.25 | -11.57 | 11.45 | -10.32 | -29.65 | 10.05 | 27.86 | 45.02 | 0 | 0 | 0 | 0 | 0 | 0 | 5.42 | 83.11 | 61.79 | 24.86 | 0.0 | 0.0 | 15.52 | 2.78 | 2.78 | 0 | -100.0 | -100.0 | 12.48 | 48.39 | 174.29 | 28.0 | 2.9 | 19.91 | 13.2 | 37.36 | 2029.03 | 25.68 | 42.51 | 396.71 | 0.03 | 31.97 | 237.88 |
| 21Q2 (7) | 37.93 | 2.74 | 23.55 | 0 | 0 | 0 | 0.9 | 25.0 | -49.15 | 0 | 0 | 0 | 16.88 | 9.97 | 29.25 | 1.81 | 6.47 | 26.57 | 7.85 | 42.21 | -3.33 | 12.77 | 33.37 | 0 | 7.86 | 24.17 | 21.11 | 0 | 0 | 0 | 0 | 0 | 0 | 2.96 | 3.14 | -25.25 | 24.86 | 0.0 | 0.0 | 15.1 | 0.0 | 0.0 | 3.7 | 0.0 | 0.0 | 8.41 | 27.23 | 114.54 | 27.21 | 7.08 | 19.76 | 9.61 | 13.06 | 334.96 | 18.02 | 19.26 | 10700.0 | 0.02 | 41.25 | 122.43 |
| 21Q1 (6) | 36.92 | 21.13 | 33.33 | 0 | 0 | 0 | 0.72 | -22.58 | -61.5 | 0 | 0 | 0 | 15.35 | 7.34 | 21.34 | 1.7 | 608.33 | 335.9 | 5.52 | -20.12 | -37.84 | 9.58 | -23.86 | 0 | 6.33 | 26.35 | -0.47 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.87 | 10.81 | -41.31 | 24.86 | 0.0 | 0.0 | 15.1 | 0.0 | 2.44 | 3.7 | 0.0 | -27.73 | 6.61 | 34.62 | 58.89 | 25.41 | 7.17 | 5.79 | 8.5 | 19.21 | 273.82 | 15.11 | 25.5 | 2169.86 | 0.02 | 103.29 | 41.91 |
| 20Q4 (5) | 30.48 | 7.14 | 9.8 | 0 | 0 | 0 | 0.93 | -23.77 | -16.96 | 0 | 0 | 0 | 14.3 | -4.22 | 2.0 | 0.24 | -61.29 | -51.02 | 6.91 | -22.36 | -19.46 | 12.58 | -22.76 | 0 | 5.01 | -27.71 | -21.1 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.59 | -22.69 | -52.99 | 24.86 | 0.0 | 0.0 | 15.1 | 0.0 | 2.44 | 3.7 | 0.0 | -27.73 | 4.91 | 7.91 | 30.24 | 23.71 | 1.54 | 0.34 | 7.13 | 1050.0 | 292.7 | 12.04 | 132.88 | 17100.0 | 0.01 | -10.83 | -33.88 |
| 20Q3 (4) | 28.45 | -7.33 | 0.0 | 0 | 0 | 0.0 | 1.22 | -31.07 | 0.0 | 0 | 0 | 0.0 | 14.93 | 14.32 | 0.0 | 0.62 | -56.64 | 0.0 | 8.9 | 9.61 | 0.0 | 16.28 | 0 | 0.0 | 6.93 | 6.78 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 3.35 | -15.4 | 0.0 | 24.86 | 0.0 | 0.0 | 15.1 | 0.0 | 0.0 | 3.7 | 0.0 | 0.0 | 4.55 | 16.07 | 0.0 | 23.35 | 2.77 | 0.0 | 0.62 | 115.16 | 0.0 | 5.17 | 3141.18 | 0.0 | 0.01 | -13.12 | 0.0 |
