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) | 132.44 | -11.32 | 184.6 | -10.17 | 37.13 | -62.01 | 0 | 0 | 1833.48 | 6.47 | 122.74 | 11.32 | 97.18 | 17.25 | 5.30 | 10.13 | 81.93 | 1.14 | 39.77 | -12.17 | 580.99 | 53.84 | 1114.13 | 44.94 | 372.33 | 5.8 | 334.99 | 2.75 | 0 | 0 | 121.83 | 36.06 | 456.81 | 5.3 | 3.24 | 12.5 | 125.07 | 35.33 | 0.09 | -20.3 |
| 2022 (9) | 149.35 | -3.03 | 205.5 | 0.2 | 97.73 | 3479.85 | 0 | 0 | 1722.06 | 10.31 | 110.26 | 0.35 | 82.88 | 6.75 | 4.81 | -3.23 | 81.01 | 25.79 | 45.28 | 1.25 | 377.65 | -17.96 | 768.71 | -5.48 | 351.92 | 0.0 | 326.03 | 3.5 | 18.23 | -25.59 | 89.54 | -18.81 | 433.81 | -3.55 | 2.88 | 0 | 92.42 | 0.39 | 0.12 | 8.86 |
| 2021 (8) | 154.02 | 42.9 | 205.1 | 109.29 | 2.73 | -90.7 | 0 | 0 | 1561.1 | 17.5 | 109.88 | -2.65 | 77.64 | -0.78 | 4.97 | -15.56 | 64.4 | 11.69 | 44.72 | -2.63 | 460.32 | 5.21 | 813.28 | -5.18 | 351.92 | 0.19 | 315.0 | 4.41 | 24.5 | 0 | 110.29 | -17.08 | 449.79 | 3.47 | -18.23 | 0 | 92.06 | -15.16 | 0.11 | 14.82 |
| 2020 (7) | 107.78 | 24.41 | 98.0 | -39.77 | 29.35 | 868.65 | 0 | 0 | 1328.61 | 6.78 | 112.87 | -9.57 | 78.25 | 0.09 | 5.89 | -6.27 | 57.66 | 1.69 | 45.93 | 2.94 | 437.53 | 78.66 | 857.67 | 45.18 | 351.24 | 0.09 | 301.7 | 4.32 | 0 | 0 | 133.01 | 3.03 | 434.71 | 3.68 | -24.5 | 0 | 108.51 | -18.71 | 0.09 | 10.83 |
| 2019 (6) | 86.63 | 15.52 | 162.7 | 58.42 | 3.03 | -95.55 | 0 | 0 | 1244.21 | 4.79 | 124.81 | -8.51 | 78.18 | 1.93 | 6.28 | -2.73 | 56.7 | 43.69 | 44.62 | 0.61 | 244.89 | -26.48 | 590.78 | -4.98 | 350.94 | 2.5 | 289.22 | 4.95 | 0.95 | -73.83 | 129.1 | -23.85 | 419.27 | -6.57 | 4.39 | 0 | 133.49 | -20.82 | 0.08 | -7.63 |
| 2018 (5) | 74.99 | 13.07 | 102.7 | 6.29 | 68.03 | -56.4 | 0 | 0 | 1187.32 | 1.33 | 136.42 | -3.88 | 76.7 | -47.74 | 6.46 | -48.43 | 39.46 | -8.91 | 44.35 | -0.52 | 333.08 | 17.52 | 621.76 | -4.89 | 342.38 | 0.09 | 275.58 | 5.43 | 3.63 | -47.39 | 169.54 | 15.06 | 448.75 | 7.97 | -0.95 | 0 | 168.59 | 17.3 | 0.09 | 0.15 |
| 2017 (4) | 66.32 | -13.93 | 96.62 | 30.11 | 156.03 | 149.53 | 0 | 0 | 1171.71 | 0.45 | 141.92 | -7.36 | 146.78 | -4.79 | 12.53 | -5.21 | 43.32 | 6.39 | 44.58 | -1.26 | 283.42 | -33.95 | 653.73 | 9.54 | 342.08 | 0.0 | 261.39 | 6.23 | 6.9 | -41.23 | 147.35 | -7.03 | 415.64 | -0.16 | -3.63 | 0 | 143.72 | -5.2 | 0.09 | 2.96 |
| 2016 (3) | 77.05 | -10.19 | 74.26 | -47.78 | 62.53 | -39.1 | 0 | 0 | 1166.47 | 0.43 | 153.2 | -2.33 | 154.16 | -1.92 | 13.22 | -2.34 | 40.72 | -2.77 | 45.15 | 135.89 | 429.08 | 62.05 | 596.78 | -4.37 | 342.08 | 0.0 | 246.07 | 6.81 | 11.74 | 287.46 | 158.5 | -13.44 | 416.31 | -0.05 | -6.9 | 0 | 151.6 | -11.54 | 0.09 | -0.77 |
| 2015 (2) | 85.79 | 8.54 | 142.21 | -27.55 | 102.68 | 365.04 | 0 | 0 | 1161.44 | 3.13 | 156.86 | 4.53 | 157.18 | 4.61 | 13.53 | 1.44 | 41.88 | 30.43 | 19.14 | 53.0 | 264.78 | -5.35 | 624.02 | 2.02 | 342.08 | 0.0 | 230.38 | 6.96 | 3.03 | 0 | 183.11 | -7.55 | 416.52 | 0.74 | -11.74 | 0 | 171.37 | -12.13 | 0.09 | -6.57 |
| 2014 (1) | 79.04 | -0.63 | 196.28 | -36.09 | 22.08 | 120.8 | 0 | 0 | 1126.24 | 3.89 | 150.06 | -3.7 | 150.25 | 2.68 | 13.34 | -1.16 | 32.11 | -15.08 | 12.51 | -52.05 | 279.76 | 66.59 | 611.69 | 11.55 | 342.08 | 0.0 | 215.38 | 11.82 | 0 | 0 | 198.06 | -10.67 | 413.44 | -0.21 | -3.03 | 0 | 195.03 | -13.64 | 0.09 | 406.23 |
| 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) | 94.75 | -37.85 | -13.99 | 241.6 | 40.47 | 65.14 | 203.25 | 0.02 | 435.43 | 0 | 0 | 0 | 472.02 | -1.14 | 9.3 | 41.64 | 28.8 | 41.73 | 96.04 | 0.92 | 16.16 | 4.88 | -1.13 | 6.44 | 78.03 | 16.29 | 4.86 | 88.17 | 93.23 | 159.48 | 482.82 | 11.33 | 8.38 | 1069.39 | -1.34 | 45.59 | 372.33 | 0.0 | 5.8 | 347.17 | 0.0 | 3.64 | 0 | 0 | 0 | 103.61 | 67.17 | 20.62 | 450.78 | 10.17 | 7.1 | -2.63 | -180.43 | -3022.22 | 100.98 | 54.76 | 17.43 | 0.09 | -0.0 | -23.3 |
| 24Q2 (19) | 152.45 | 9.21 | 35.72 | 172.0 | 0.58 | 64.12 | 203.2 | 120.46 | 438.71 | 0 | 0 | 0 | 477.44 | -1.1 | 9.64 | 32.33 | 8.93 | 6.52 | 95.16 | 0.33 | 15.57 | 4.94 | -1.86 | 6.47 | 67.1 | 2.98 | 1.15 | 45.63 | 14.1 | 1.58 | 433.67 | -20.52 | -2.89 | 1083.89 | -1.27 | 45.09 | 372.33 | 0.0 | 5.8 | 347.17 | 3.64 | 3.64 | 0 | 0 | 0 | 61.98 | -59.09 | 9.68 | 409.15 | -15.9 | 4.51 | 3.27 | -4.11 | -50.75 | 65.25 | -57.88 | 3.33 | 0.09 | -6.42 | -22.24 |
| 24Q1 (18) | 139.59 | 5.4 | -2.12 | 171.0 | -7.37 | 10.97 | 92.17 | 148.24 | -5.67 | 0 | 0 | 0 | 482.77 | -9.93 | 12.23 | 29.68 | -17.23 | 9.32 | 94.85 | -2.4 | 15.28 | 5.03 | -5.12 | 7.22 | 65.16 | -20.47 | -17.46 | 39.99 | 0.55 | -10.64 | 545.63 | -6.09 | 42.79 | 1097.87 | -1.46 | 44.96 | 372.33 | 0.0 | 5.8 | 334.99 | 0.0 | 2.75 | 0 | 0 | -100.0 | 151.51 | 24.36 | 30.94 | 486.49 | 6.5 | 5.76 | 3.41 | 5.25 | -20.7 | 154.92 | 23.87 | 29.09 | 0.09 | 3.0 | -18.8 |
| 23Q4 (17) | 132.44 | 20.23 | -11.32 | 184.6 | 26.18 | -10.17 | 37.13 | -2.19 | -62.01 | 0 | 0 | 0 | 535.99 | 24.11 | 5.92 | 35.86 | 22.06 | 45.18 | 97.18 | 17.54 | 17.25 | 5.30 | 15.62 | 10.13 | 81.93 | 10.11 | 1.14 | 39.77 | 17.04 | -12.17 | 580.99 | 30.42 | 53.84 | 1114.13 | 51.68 | 44.94 | 372.33 | 5.8 | 5.8 | 334.99 | 0.0 | 2.75 | 0 | 0 | -100.0 | 121.83 | 41.83 | 36.06 | 456.81 | 8.54 | 5.3 | 3.24 | 3500.0 | 12.5 | 125.07 | 45.45 | 35.33 | 0.09 | -20.43 | -20.3 |
| 23Q3 (16) | 110.16 | -1.93 | -6.59 | 146.3 | 39.6 | -37.67 | 37.96 | 0.64 | -39.29 | 0 | 0 | 0 | 431.87 | -0.82 | 6.72 | 29.38 | -3.2 | 3.49 | 82.68 | 0.41 | 5.31 | 4.58 | -1.1 | -2.72 | 74.41 | 12.16 | -0.11 | 33.98 | -24.35 | -20.27 | 445.49 | -0.25 | 7.73 | 734.54 | -1.68 | -5.78 | 351.92 | 0.0 | 0.0 | 334.99 | 0.0 | 2.75 | 0 | 0 | -100.0 | 85.9 | 52.01 | 37.9 | 420.88 | 7.5 | 3.52 | 0.09 | -98.64 | -77.5 | 85.99 | 36.17 | 37.17 | 0.12 | 1.38 | 2.2 |
| 23Q2 (15) | 112.33 | -21.23 | -26.46 | 104.8 | -31.99 | -44.55 | 37.72 | -61.4 | -39.86 | 0 | 0 | 0 | 435.46 | 1.23 | 5.31 | 30.35 | 11.79 | 1.37 | 82.34 | 0.07 | 4.99 | 4.64 | -1.16 | -3.36 | 66.34 | -15.96 | 18.36 | 44.92 | 0.38 | 2.91 | 446.59 | 16.87 | 7.78 | 747.07 | -1.36 | -5.53 | 351.92 | 0.0 | 0.0 | 334.99 | 2.75 | 2.75 | 0 | -100.0 | -100.0 | 56.51 | -51.16 | 65.82 | 391.5 | -14.89 | 3.48 | 6.64 | 54.42 | 1009.59 | 63.15 | -47.38 | 89.36 | 0.11 | -2.27 | 1.53 |
| 23Q1 (14) | 142.61 | -4.51 | -2.65 | 154.1 | -25.01 | -3.51 | 97.71 | -0.02 | 3479.12 | 0 | 0 | 0 | 430.15 | -14.99 | 8.11 | 27.15 | 9.92 | -0.29 | 82.28 | -0.72 | 6.11 | 4.69 | -2.55 | -2.87 | 78.94 | -2.56 | 31.04 | 44.75 | -1.17 | -2.06 | 382.13 | 1.19 | -16.9 | 757.36 | -1.48 | -5.52 | 351.92 | 0.0 | 0.0 | 326.03 | 0.0 | 3.5 | 18.23 | 0.0 | -25.59 | 115.71 | 29.23 | -15.85 | 459.98 | 6.03 | -3.57 | 4.3 | 49.31 | 121.95 | 120.01 | 29.85 | 1.77 | 0.12 | 1.1 | 8.03 |
| 22Q4 (13) | 149.35 | 26.64 | -3.03 | 205.5 | -12.44 | 0.2 | 97.73 | 56.29 | 3479.85 | 0 | 0 | 0 | 506.01 | 25.04 | 12.48 | 24.7 | -13.0 | -0.32 | 82.88 | 5.57 | 6.75 | 4.81 | 2.12 | -3.23 | 81.01 | 8.75 | 25.79 | 45.28 | 6.24 | 1.25 | 377.65 | -8.68 | -17.96 | 768.71 | -1.39 | -5.48 | 351.92 | 0.0 | 0.0 | 326.03 | 0.0 | 3.5 | 18.23 | 0.0 | -25.59 | 89.54 | 43.75 | -18.81 | 433.81 | 6.71 | -3.55 | 2.88 | 620.0 | 115.8 | 92.42 | 47.42 | 0.39 | 0.12 | 2.04 | 8.86 |
| 22Q3 (12) | 117.93 | -22.8 | -6.89 | 234.7 | 24.18 | 5.01 | 62.53 | -0.3 | 646.18 | 0 | 0 | 0 | 404.68 | -2.13 | 8.23 | 28.39 | -5.18 | 0.07 | 78.51 | 0.1 | 4.17 | 4.71 | -1.75 | -6.49 | 74.49 | 32.9 | 18.71 | 42.62 | -2.36 | -1.64 | 413.54 | -0.2 | -10.3 | 779.58 | -1.42 | -5.43 | 351.92 | 0.0 | 0.16 | 326.03 | 0.0 | 3.5 | 18.23 | 0.0 | -25.59 | 62.29 | 82.78 | -26.95 | 406.55 | 7.45 | -4.29 | 0.4 | 154.79 | 102.07 | 62.69 | 87.98 | -4.94 | 0.11 | 0.7 | 9.43 |
| 22Q2 (11) | 152.75 | 4.27 | -3.03 | 189.0 | 18.35 | 53.66 | 62.72 | 2197.44 | 113.48 | 0 | 0 | 0 | 413.49 | 3.92 | 7.62 | 29.94 | 9.95 | 5.42 | 78.43 | 1.15 | 4.7 | 4.80 | -0.66 | -8.18 | 56.05 | -6.96 | 42.88 | 43.65 | -4.46 | 3.73 | 414.35 | -9.89 | -5.08 | 790.77 | -1.35 | -5.38 | 351.92 | 0.0 | 0.19 | 326.03 | 3.5 | 3.5 | 18.23 | -25.59 | -25.59 | 34.08 | -75.22 | -40.11 | 378.35 | -20.68 | -4.56 | -0.73 | 96.27 | 96.08 | 33.35 | -71.72 | -12.88 | 0.11 | 3.98 | 9.56 |
| 22Q1 (10) | 146.49 | -4.89 | 29.01 | 159.7 | -22.14 | 69.89 | 2.73 | 0.0 | -90.7 | 0 | 0 | 0 | 397.88 | -11.55 | 12.67 | 27.23 | 9.89 | -3.88 | 77.54 | -0.13 | 9.57 | 4.83 | -2.91 | -6.99 | 60.24 | -6.46 | 29.21 | 45.69 | 2.17 | 9.38 | 459.83 | -0.11 | 5.22 | 801.61 | -1.43 | -5.31 | 351.92 | 0.0 | 0.19 | 315.0 | 0.0 | 4.41 | 24.5 | 0.0 | 0 | 137.51 | 24.68 | -14.89 | 477.02 | 6.05 | 2.97 | -19.59 | -7.46 | 14.9 | 117.92 | 28.09 | -14.88 | 0.11 | 1.88 | 15.23 |
| 21Q4 (9) | 154.02 | 21.61 | 42.9 | 205.1 | -8.23 | 109.29 | 2.73 | -67.42 | -90.7 | 0 | 0 | 0 | 449.86 | 20.32 | 17.08 | 24.78 | -12.65 | 17.72 | 77.64 | 3.01 | -0.78 | 4.97 | -1.32 | -15.56 | 64.4 | 2.63 | 11.69 | 44.72 | 3.21 | -2.63 | 460.32 | -0.15 | 5.21 | 813.28 | -1.34 | -5.18 | 351.92 | 0.16 | 0.19 | 315.0 | 0.0 | 4.41 | 24.5 | 0.0 | 0 | 110.29 | 29.34 | -17.08 | 449.79 | 5.89 | 3.47 | -18.23 | 5.64 | 25.59 | 92.06 | 39.59 | -15.16 | 0.11 | 2.58 | 14.82 |
| 21Q3 (8) | 126.65 | -19.6 | 21.1 | 223.5 | 81.71 | 48.01 | 8.38 | -71.48 | -63.61 | 0 | 0 | 0 | 373.9 | -2.68 | 19.67 | 28.37 | -0.11 | 0.64 | 75.37 | 0.61 | 1.22 | 5.04 | -3.52 | -12.99 | 62.75 | 59.95 | 28.45 | 43.33 | 2.97 | -6.19 | 461.02 | 5.61 | 21.37 | 824.32 | -1.37 | -5.24 | 351.35 | 0.03 | 0.03 | 315.0 | 0.0 | 4.41 | 24.5 | 0.0 | 0 | 85.27 | 49.86 | -17.45 | 424.77 | 7.15 | 4.88 | -19.32 | -3.76 | -29.06 | 65.95 | 72.28 | -25.33 | 0.10 | 0.82 | 14.35 |
| 21Q2 (7) | 157.53 | 38.73 | 91.25 | 123.0 | 30.85 | 6.13 | 29.38 | 0.03 | 869.64 | 0 | 0 | 0 | 384.21 | 8.8 | 22.59 | 28.4 | 0.25 | -6.82 | 74.91 | 5.85 | -0.79 | 5.22 | 0.62 | 0 | 39.23 | -15.85 | 5.49 | 42.08 | 0.74 | -10.09 | 436.52 | -0.11 | 8.13 | 835.75 | -1.28 | -5.2 | 351.24 | 0.0 | 0.09 | 315.0 | 4.41 | 4.41 | 24.5 | 0 | 0 | 56.9 | -64.78 | -16.18 | 396.41 | -14.43 | 7.26 | -18.62 | 19.11 | -242.91 | 38.28 | -72.37 | -38.7 | 0.10 | 9.37 | 12.79 |
| 21Q1 (6) | 113.55 | 5.35 | 24.77 | 94.0 | -4.08 | -55.09 | 29.37 | 0.07 | 869.31 | 0 | 0 | 0 | 353.13 | -8.1 | 10.86 | 28.33 | 34.58 | -14.54 | 70.77 | -9.56 | -2.71 | 5.19 | -11.85 | 0 | 46.62 | -19.15 | 23.66 | 41.77 | -9.06 | -4.85 | 437.02 | -0.12 | 8.13 | 846.6 | -1.29 | -4.8 | 351.24 | 0.0 | 0.09 | 301.7 | 0.0 | 4.32 | 0 | 0 | -100.0 | 161.56 | 21.46 | -0.41 | 463.27 | 6.57 | 2.4 | -23.02 | 6.04 | -105.9 | 138.54 | 27.67 | -8.28 | 0.09 | 1.52 | 11.18 |
| 20Q4 (5) | 107.78 | 3.06 | 24.41 | 98.0 | -35.1 | -39.77 | 29.35 | 27.44 | 868.65 | 0 | 0 | 0 | 384.24 | 22.98 | 12.65 | 21.05 | -25.33 | -28.67 | 78.25 | 5.09 | 0.09 | 5.89 | 1.68 | 0 | 57.66 | 18.03 | 1.69 | 45.93 | -0.56 | 2.94 | 437.53 | 15.18 | 78.66 | 857.67 | -1.4 | 45.18 | 351.24 | 0.0 | 0.09 | 301.7 | 0.0 | 4.32 | 0 | 0 | -100.0 | 133.01 | 28.77 | 3.03 | 434.71 | 7.34 | 3.68 | -24.5 | -63.66 | -658.09 | 108.51 | 22.86 | -18.71 | 0.09 | 2.15 | 10.83 |
| 20Q3 (4) | 104.58 | 26.96 | 0.0 | 151.0 | 30.28 | 0.0 | 23.03 | 660.07 | 0.0 | 0 | 0 | 0.0 | 312.43 | -0.32 | 0.0 | 28.19 | -7.51 | 0.0 | 74.46 | -1.39 | 0.0 | 5.79 | 0 | 0.0 | 48.85 | 31.35 | 0.0 | 46.19 | -1.3 | 0.0 | 379.86 | -5.91 | 0.0 | 869.87 | -1.33 | 0.0 | 351.24 | 0.09 | 0.0 | 301.7 | 0.0 | 0.0 | 0 | 0 | 0.0 | 103.29 | 52.17 | 0.0 | 405.0 | 9.58 | 0.0 | -14.97 | -175.69 | 0.0 | 88.32 | 41.43 | 0.0 | 0.09 | -0.55 | 0.0 |
