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) | 42.04 | -0.45 | 2.42 | -52.92 | 18.76 | 110.55 | 0 | 0 | 108.5 | -17.62 | 17.14 | -38.92 | 32.59 | -8.38 | 30.04 | 11.21 | 24.7 | -8.52 | 9.86 | -4.27 | 18.83 | -30.41 | 0.51 | -5.56 | 30.98 | 0.0 | 22.43 | 15.2 | 1.43 | 0 | 51.99 | -11.31 | 75.85 | -2.87 | -5.28 | 0 | 46.71 | -18.32 | 0.00 | 0 |
| 2022 (9) | 42.23 | 16.27 | 5.14 | -8.7 | 8.91 | 218.21 | 0 | 0 | 131.7 | -13.61 | 28.06 | -9.98 | 35.57 | -11.96 | 27.01 | 1.92 | 27.0 | 2.31 | 10.3 | 11.35 | 27.06 | -4.99 | 0.54 | 3.85 | 30.98 | 0.0 | 19.47 | 19.01 | 0 | 0 | 58.62 | 13.06 | 78.09 | 8.94 | -1.43 | 0 | 57.19 | -4.41 | 0.00 | 0 |
| 2021 (8) | 36.32 | 63.75 | 5.63 | -38.54 | 2.8 | -27.27 | 0 | 0 | 152.45 | 37.99 | 31.17 | 118.12 | 40.4 | 14.58 | 26.50 | -16.97 | 26.39 | -6.32 | 9.25 | 96.81 | 28.48 | 68.92 | 0.52 | 23.81 | 30.98 | 0.0 | 16.36 | 10.47 | 3.47 | -33.78 | 51.85 | 60.48 | 71.68 | 36.9 | 7.98 | 0 | 59.83 | 107.45 | 0.00 | 0 |
| 2020 (7) | 22.18 | 11.68 | 9.16 | 1353.97 | 3.85 | 83.33 | 0 | 0 | 110.48 | 31.04 | 14.29 | 112.65 | 35.26 | 22.05 | 31.92 | -6.86 | 28.17 | 38.16 | 4.7 | -6.37 | 16.86 | 2.93 | 0.42 | 50.0 | 30.98 | 0.0 | 14.81 | 4.74 | 5.24 | 105.49 | 32.31 | 15.85 | 52.36 | 17.45 | -3.47 | 0 | 28.84 | 27.33 | 0.00 | 0 |
| 2019 (6) | 19.86 | 52.18 | 0.63 | 103.23 | 2.1 | 51.08 | 0 | 0 | 84.31 | 3.37 | 6.72 | 4.35 | 28.89 | 5.98 | 34.27 | 2.52 | 20.39 | 12.22 | 5.02 | -9.71 | 16.38 | 10.53 | 0.28 | 27.27 | 30.98 | 0.0 | 14.14 | 4.82 | 2.55 | 14.35 | 27.89 | 4.42 | 44.58 | 5.07 | -5.24 | 0 | 22.65 | -6.25 | 0.00 | 0 |
| 2018 (5) | 13.05 | -44.02 | 0.31 | 3000.0 | 1.39 | -51.4 | 0 | 0 | 81.56 | -7.13 | 6.44 | -33.13 | 27.26 | 2.83 | 33.42 | 10.72 | 18.17 | 20.81 | 5.56 | 280.82 | 14.82 | -12.67 | 0.22 | 175.0 | 30.98 | 0.0 | 13.49 | 7.66 | 2.23 | 0.0 | 26.71 | -3.47 | 42.43 | 0.0 | -2.55 | 0 | 24.16 | -16.23 | 0.00 | 0 |
| 2017 (4) | 23.31 | 11.37 | 0.01 | -95.0 | 2.86 | -60.5 | 0 | 0 | 87.82 | -8.87 | 9.63 | -5.22 | 26.51 | -14.07 | 30.19 | -5.7 | 15.04 | -1.05 | 1.46 | 14.96 | 16.97 | 14.35 | 0.08 | -27.27 | 30.98 | 0.0 | 12.53 | 8.86 | 2.23 | 0.0 | 27.67 | -0.79 | 42.43 | 1.92 | 1.17 | -85.26 | 28.84 | -19.51 | 0.00 | -17.06 |
| 2016 (3) | 20.93 | -23.28 | 0.2 | -92.06 | 7.24 | -46.37 | 0 | 0 | 96.37 | 4.0 | 10.16 | 8.32 | 30.85 | 5.51 | 32.01 | 1.44 | 15.2 | -0.91 | 1.27 | -3.79 | 14.84 | 27.27 | 0.11 | 0 | 30.98 | 0.0 | 11.51 | 8.89 | 2.23 | 0.0 | 27.89 | 4.85 | 41.63 | 5.66 | 7.94 | -61.06 | 35.83 | -23.75 | 0.01 | 0 |
| 2015 (2) | 27.28 | 54.3 | 2.52 | -40.85 | 13.5 | 150.93 | 0 | 0 | 92.66 | -2.73 | 9.38 | -5.73 | 29.24 | -1.48 | 31.56 | 1.28 | 15.34 | -7.42 | 1.32 | 10.92 | 11.66 | -32.44 | 0 | 0 | 30.98 | 0.0 | 10.57 | 10.33 | 2.23 | 0.0 | 26.6 | 1.88 | 39.4 | 3.9 | 20.39 | 494.46 | 46.99 | 59.07 | 0.00 | 0 |
| 2014 (1) | 17.68 | -3.39 | 4.26 | -39.75 | 5.38 | 10.02 | 0 | 0 | 95.26 | 0.23 | 9.95 | 6.42 | 29.68 | 11.33 | 31.16 | 11.07 | 16.57 | 0.24 | 1.19 | 0.85 | 17.26 | 4.42 | 0 | 0 | 30.98 | 0.0 | 9.58 | 10.88 | 2.23 | 0.0 | 26.11 | 8.66 | 37.92 | 8.65 | 3.43 | 357.33 | 29.54 | 19.21 | 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) | 43.24 | -23.41 | 22.81 | 1.59 | -12.15 | -36.4 | 11.16 | -30.86 | -44.31 | 0 | 0 | 0 | 36.68 | 25.49 | 18.86 | 5.14 | -0.58 | -14.05 | 36.15 | 18.37 | 5.39 | 29.19 | 12.81 | -7.95 | 27.74 | -2.46 | 16.46 | 10.64 | 4.83 | 4.93 | 17.65 | -45.34 | -11.22 | 0.41 | -6.82 | -21.15 | 34.3 | 10.43 | 10.72 | 24.38 | 0.0 | 8.69 | 5.28 | 0.0 | 269.23 | 48.13 | 11.96 | 3.57 | 77.78 | 7.06 | 10.58 | -2.09 | -57.14 | -84.96 | 46.04 | 10.51 | 1.54 | 0.00 | -22.85 | 0 |
| 24Q2 (19) | 56.46 | 33.44 | 25.44 | 1.81 | 17.53 | -44.82 | 16.14 | -9.07 | 76.97 | 0 | 0 | 0 | 29.23 | 6.14 | 20.49 | 5.17 | -3.72 | 22.8 | 30.54 | 1.46 | 15.42 | 25.87 | -2.81 | 9.16 | 28.44 | 6.84 | 12.77 | 10.15 | 0.59 | 0.5 | 32.29 | 31.31 | 30.99 | 0.44 | -4.35 | -15.38 | 31.06 | 0.26 | 0.26 | 24.38 | 8.69 | 8.69 | 5.28 | 269.23 | 269.23 | 42.99 | -25.05 | 6.6 | 72.65 | -10.55 | 13.18 | -1.33 | 38.14 | 62.54 | 41.66 | -24.54 | 13.27 | 0.01 | 0 | 0 |
| 24Q1 (18) | 42.31 | 0.64 | -5.05 | 1.54 | -36.36 | -56.62 | 17.75 | -5.38 | 94.84 | 0 | 0 | 0 | 27.54 | -9.41 | 19.84 | 5.37 | 31.62 | 87.11 | 30.1 | -7.64 | 9.69 | 26.62 | -11.37 | 18.86 | 26.62 | 7.77 | -1.81 | 10.09 | 2.33 | -2.79 | 24.59 | 30.59 | -6.07 | 0.46 | -9.8 | -17.86 | 30.98 | 0.0 | 0.0 | 22.43 | 0.0 | 15.2 | 1.43 | 0.0 | 0 | 57.36 | 10.33 | -7.18 | 81.22 | 7.08 | -0.06 | -2.15 | 59.28 | -90.27 | 55.21 | 18.2 | -9.0 | 0.00 | 0 | 0 |
| 23Q4 (17) | 42.04 | 19.4 | -0.45 | 2.42 | -3.2 | -52.92 | 18.76 | -6.39 | 110.55 | 0 | 0 | 0 | 30.4 | -1.49 | 1.1 | 4.08 | -31.77 | -7.9 | 32.59 | -4.99 | -8.38 | 30.04 | -5.27 | 11.21 | 24.7 | 3.69 | -8.52 | 9.86 | -2.76 | -4.27 | 18.83 | -5.28 | -30.41 | 0.51 | -1.92 | -5.56 | 30.98 | 0.0 | 0.0 | 22.43 | 0.0 | 15.2 | 1.43 | 0.0 | 0 | 51.99 | 11.88 | -11.31 | 75.85 | 7.83 | -2.87 | -5.28 | -367.26 | -269.23 | 46.71 | 3.02 | -18.32 | 0.00 | 0 | 0 |
| 23Q3 (16) | 35.21 | -21.77 | -2.41 | 2.5 | -23.78 | -48.77 | 20.04 | 119.74 | 164.73 | 0 | 0 | 0 | 30.86 | 27.21 | -10.08 | 5.98 | 42.04 | -29.81 | 34.3 | 29.63 | -13.47 | 31.71 | 33.78 | 9.21 | 23.82 | -5.55 | -21.95 | 10.14 | 0.4 | 6.74 | 19.88 | -19.35 | -32.01 | 0.52 | 0.0 | -7.14 | 30.98 | 0.0 | 0.0 | 22.43 | 0.0 | 15.2 | 1.43 | 0.0 | 0 | 46.47 | 15.22 | -13.38 | 70.34 | 9.58 | -3.8 | -1.13 | 68.17 | -91.53 | 45.34 | 23.27 | -14.55 | 0.00 | 0 | 0 |
| 23Q2 (15) | 45.01 | 1.01 | -6.13 | 3.28 | -7.61 | -44.78 | 9.12 | 0.11 | 89.21 | 0 | 0 | 0 | 24.26 | 5.57 | -30.96 | 4.21 | 46.69 | -49.88 | 26.46 | -3.57 | -31.63 | 23.70 | 5.83 | -12.27 | 25.22 | -6.97 | -15.96 | 10.1 | -2.7 | 5.65 | 24.65 | -5.84 | -6.59 | 0.52 | -7.14 | -7.14 | 30.98 | 0.0 | 0.0 | 22.43 | 15.2 | 15.2 | 1.43 | 0 | 0 | 40.33 | -34.74 | -10.64 | 64.19 | -21.02 | -0.62 | -3.55 | -214.16 | -353.57 | 36.78 | -39.38 | -20.95 | 0.00 | 0 | 0 |
| 23Q1 (14) | 44.56 | 5.52 | 9.03 | 3.55 | -30.93 | -56.92 | 9.11 | 2.24 | 171.94 | 0 | 0 | 0 | 22.98 | -23.58 | -28.57 | 2.87 | -35.21 | -57.16 | 27.44 | -22.86 | -30.14 | 22.40 | -17.07 | -13.61 | 27.11 | 0.41 | -1.53 | 10.38 | 0.78 | 9.38 | 26.18 | -3.25 | -3.89 | 0.56 | 3.7 | 1.82 | 30.98 | 0.0 | 0.0 | 19.47 | 0.0 | 19.01 | 0 | 0 | -100.0 | 61.8 | 5.42 | 3.69 | 81.27 | 4.07 | 2.33 | -1.13 | 20.98 | -122.42 | 60.67 | 6.08 | -6.14 | 0.00 | 0 | 0 |
| 22Q4 (13) | 42.23 | 17.05 | 16.27 | 5.14 | 5.33 | -8.7 | 8.91 | 17.7 | 218.21 | 0 | 0 | 0 | 30.07 | -12.38 | -13.84 | 4.43 | -48.0 | -35.42 | 35.57 | -10.27 | -11.96 | 27.01 | -6.98 | 1.92 | 27.0 | -11.53 | 2.31 | 10.3 | 8.42 | 11.35 | 27.06 | -7.46 | -4.99 | 0.54 | -3.57 | 3.85 | 30.98 | 0.0 | 0.0 | 19.47 | 0.0 | 19.01 | 0 | 0 | -100.0 | 58.62 | 9.26 | 13.06 | 78.09 | 6.8 | 8.94 | -1.43 | -142.37 | -117.92 | 57.19 | 7.78 | -4.41 | 0.00 | 0 | 0 |
| 22Q3 (12) | 36.08 | -24.75 | 30.96 | 4.88 | -17.85 | -16.58 | 7.57 | 57.05 | 79.81 | 0 | 0 | 0 | 34.32 | -2.33 | -16.35 | 8.52 | 1.43 | -2.96 | 39.64 | 2.43 | -6.07 | 29.03 | 7.46 | 3.12 | 30.52 | 1.7 | 17.79 | 9.5 | -0.63 | 9.95 | 29.24 | 10.8 | 0.62 | 0.56 | 0.0 | 24.44 | 30.98 | 0.0 | 0.0 | 19.47 | 0.0 | 19.01 | 0 | 0 | -100.0 | 53.65 | 18.88 | 19.04 | 73.12 | 13.21 | 12.68 | -0.59 | -142.14 | -118.67 | 53.06 | 14.03 | 10.01 | 0.00 | 0 | 0 |
| 22Q2 (11) | 47.95 | 17.32 | 67.77 | 5.94 | -27.91 | -41.94 | 4.82 | 43.88 | 22.65 | 0 | 0 | 0 | 35.14 | 9.23 | -19.05 | 8.4 | 25.37 | -8.7 | 38.7 | -1.48 | 0.81 | 27.02 | 4.21 | -1.3 | 30.01 | 9.01 | 5.34 | 9.56 | 0.74 | 34.08 | 26.39 | -3.12 | 86.5 | 0.56 | 1.82 | 27.27 | 30.98 | 0.0 | 0.0 | 19.47 | 19.01 | 19.01 | 0 | -100.0 | -100.0 | 45.13 | -24.28 | 24.39 | 64.59 | -18.67 | 15.11 | 1.4 | -72.22 | 196.55 | 46.53 | -28.02 | 33.59 | 0.00 | 0 | 0 |
| 22Q1 (10) | 40.87 | 12.53 | 105.07 | 8.24 | 46.36 | 5.1 | 3.35 | 19.64 | -28.27 | 0 | 0 | 0 | 32.17 | -7.82 | -2.84 | 6.7 | -2.33 | 6.01 | 39.28 | -2.77 | 2.4 | 25.93 | -2.17 | -17.49 | 27.53 | 4.32 | -10.06 | 9.49 | 2.59 | 101.91 | 27.24 | -4.35 | 84.68 | 0.55 | 5.77 | 30.95 | 30.98 | 0.0 | 0.0 | 16.36 | 0.0 | 10.47 | 3.47 | 0.0 | -33.78 | 59.6 | 14.95 | 54.28 | 79.42 | 10.8 | 35.34 | 5.04 | -36.84 | 429.41 | 64.64 | 8.04 | 74.23 | 0.00 | 0 | 0 |
| 21Q4 (9) | 36.32 | 31.83 | 63.75 | 5.63 | -3.76 | -38.54 | 2.8 | -33.49 | -27.27 | 0 | 0 | 0 | 34.9 | -14.94 | 7.95 | 6.86 | -21.87 | 78.18 | 40.4 | -4.27 | 14.58 | 26.50 | -5.88 | -16.97 | 26.39 | 1.85 | -6.32 | 9.25 | 7.06 | 96.81 | 28.48 | -2.0 | 68.92 | 0.52 | 15.56 | 23.81 | 30.98 | 0.0 | 0.0 | 16.36 | 0.0 | 10.47 | 3.47 | 0.0 | -33.78 | 51.85 | 15.04 | 60.48 | 71.68 | 10.46 | 36.9 | 7.98 | 152.53 | 329.97 | 59.83 | 24.05 | 107.45 | 0.00 | 0 | 0 |
| 21Q3 (8) | 27.55 | -3.6 | 62.63 | 5.85 | -42.82 | -5.19 | 4.21 | 7.12 | 33.23 | 0 | 0 | 0 | 41.03 | -5.48 | 30.67 | 8.78 | -4.57 | 109.55 | 42.2 | 9.92 | 22.25 | 28.16 | 2.86 | -16.41 | 25.91 | -9.06 | -5.78 | 8.64 | 21.18 | 63.33 | 29.06 | 105.37 | 21.03 | 0.45 | 2.27 | 32.35 | 30.98 | 0.0 | 0.0 | 16.36 | 0.0 | 10.47 | 3.47 | 0.0 | -33.78 | 45.07 | 24.23 | 58.36 | 64.89 | 15.65 | 33.77 | 3.16 | 317.93 | 147.52 | 48.23 | 38.47 | 121.14 | 0.00 | 0 | 0 |
| 21Q2 (7) | 28.58 | 43.4 | 44.27 | 10.23 | 30.48 | 81.06 | 3.93 | -15.85 | 341.57 | 0 | 0 | 0 | 43.41 | 31.11 | 71.99 | 9.2 | 45.57 | 149.32 | 38.39 | 0.08 | 33.86 | 27.37 | -12.89 | 0 | 28.49 | -6.93 | 10.43 | 7.13 | 51.7 | 35.29 | 14.15 | -4.07 | -12.28 | 0.44 | 4.76 | 33.33 | 30.98 | 0.0 | 0.0 | 16.36 | 10.47 | 10.47 | 3.47 | -33.78 | -33.78 | 36.28 | -6.08 | 49.48 | 56.11 | -4.38 | 26.6 | -1.45 | 5.23 | 81.36 | 34.83 | -6.12 | 111.22 | 0.00 | 0 | 0 |
| 21Q1 (6) | 19.93 | -10.14 | -3.21 | 7.84 | -14.41 | 361.18 | 4.67 | 21.3 | 209.27 | 0 | 0 | 0 | 33.11 | 2.41 | 53.93 | 6.32 | 64.16 | 145.91 | 38.36 | 8.79 | 41.86 | 31.42 | -1.55 | 0 | 30.61 | 8.66 | 27.54 | 4.7 | 0.0 | -5.62 | 14.75 | -12.51 | -21.92 | 0.42 | 0.0 | 40.0 | 30.98 | 0.0 | 0.0 | 14.81 | 0.0 | 4.74 | 5.24 | 0.0 | 105.49 | 38.63 | 19.56 | 21.9 | 58.68 | 12.07 | 21.31 | -1.53 | 55.91 | 76.17 | 37.1 | 28.64 | 46.81 | 0.00 | 0 | 0 |
| 20Q4 (5) | 22.18 | 30.93 | 11.68 | 9.16 | 48.46 | 1353.97 | 3.85 | 21.84 | 83.33 | 0 | 0 | 0 | 32.33 | 2.96 | 32.83 | 3.85 | -8.11 | 72.65 | 35.26 | 2.14 | 22.05 | 31.92 | -5.24 | 0 | 28.17 | 2.44 | 38.16 | 4.7 | -11.15 | -6.37 | 16.86 | -29.78 | 2.93 | 0.42 | 23.53 | 50.0 | 30.98 | 0.0 | 0.0 | 14.81 | 0.0 | 4.74 | 5.24 | 0.0 | 105.49 | 32.31 | 13.53 | 15.85 | 52.36 | 7.94 | 17.45 | -3.47 | 47.82 | 33.78 | 28.84 | 32.23 | 27.33 | 0.00 | 0 | 0 |
| 20Q3 (4) | 16.94 | -14.49 | 0.0 | 6.17 | 9.2 | 0.0 | 3.16 | 255.06 | 0.0 | 0 | 0 | 0.0 | 31.4 | 24.41 | 0.0 | 4.19 | 13.55 | 0.0 | 34.52 | 20.36 | 0.0 | 33.68 | 0 | 0.0 | 27.5 | 6.59 | 0.0 | 5.29 | 0.38 | 0.0 | 24.01 | 48.85 | 0.0 | 0.34 | 3.03 | 0.0 | 30.98 | 0.0 | 0.0 | 14.81 | 0.0 | 0.0 | 5.24 | 0.0 | 0.0 | 28.46 | 17.26 | 0.0 | 48.51 | 9.45 | 0.0 | -6.65 | 14.52 | 0.0 | 21.81 | 32.26 | 0.0 | 0.00 | 0 | 0.0 |
