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) | 103.26 | -0.52 | 0.21 | 0 | 77.41 | 347.2 | 0 | 0 | 158.36 | -13.62 | -0.8 | 0 | 11.49 | 25.3 | 7.26 | 45.06 | 51.11 | -5.7 | 116.07 | -2.64 | 200.3 | -24.53 | 5.27 | -6.56 | 42.39 | 0.0 | 40.71 | 4.57 | 0 | 0 | 131.42 | -9.11 | 172.13 | -6.2 | 25.36 | 227.65 | 156.78 | 2.92 | 0.04 | -25.43 |
| 2022 (9) | 103.8 | -36.44 | 0 | 0 | 17.31 | 0 | 0 | 0 | 183.34 | -29.97 | 18.02 | -66.97 | 9.17 | -66.26 | 5.00 | -51.82 | 54.2 | -18.75 | 119.22 | 4.04 | 265.4 | -9.36 | 5.64 | -12.56 | 42.39 | -0.02 | 38.93 | 22.69 | 0 | 0 | 144.59 | -13.87 | 183.51 | -8.06 | 7.74 | 0.78 | 152.33 | -13.23 | 0.05 | -10.11 |
| 2021 (8) | 163.32 | 95.45 | 0 | 0 | 0 | 0 | 0 | 0 | 261.82 | 2.49 | 54.55 | -16.45 | 27.18 | 33.37 | 10.38 | 30.13 | 66.71 | 21.31 | 114.59 | 415.47 | 292.8 | 156.41 | 6.45 | 1.9 | 42.4 | -0.02 | 31.73 | 26.11 | 0 | 0 | 167.88 | 15.9 | 199.6 | 17.4 | 7.68 | -78.14 | 175.56 | -2.46 | 0.06 | 27.17 |
| 2020 (7) | 83.56 | 41.01 | 0 | 0 | 0 | 0 | 0 | 0 | 255.46 | 19.5 | 65.29 | 45.93 | 20.38 | -15.33 | 7.98 | -29.14 | 54.99 | 25.29 | 22.23 | 14.94 | 114.19 | 97.29 | 6.33 | 0.64 | 42.41 | 0.0 | 25.16 | 21.66 | 0 | 0 | 144.85 | 27.84 | 170.01 | 26.88 | 35.13 | 26.69 | 179.98 | 27.61 | 0.05 | 658.52 |
| 2019 (6) | 59.26 | 8.5 | 0 | 0 | 0 | 0 | 0 | 0 | 213.78 | 23.49 | 44.74 | 43.21 | 24.07 | 69.27 | 11.26 | 37.07 | 43.89 | 12.34 | 19.34 | -1.07 | 57.88 | -0.26 | 6.29 | 7.16 | 42.41 | 0.07 | 20.68 | 17.77 | 0 | 0 | 113.31 | 20.25 | 133.99 | 19.87 | 27.73 | 262.96 | 141.04 | 38.45 | 0.01 | -30.59 |
| 2018 (5) | 54.62 | -30.41 | 0 | 0 | 0 | 0 | 0 | 0 | 173.11 | 1.32 | 31.24 | -17.0 | 14.22 | -8.32 | 8.21 | -9.51 | 39.07 | 4.33 | 19.55 | 10.51 | 58.03 | -1.73 | 5.87 | 127.52 | 42.38 | 0.26 | 17.56 | 27.34 | 0 | 0 | 94.23 | -0.2 | 111.78 | 3.29 | 7.64 | -47.96 | 101.87 | -6.63 | 0.01 | -3.91 |
| 2017 (4) | 78.49 | 228.69 | 0 | 0 | 3.52 | -62.55 | 0 | 0 | 170.86 | 25.42 | 37.64 | 20.91 | 15.51 | 45.09 | 9.08 | 15.68 | 37.45 | 37.33 | 17.69 | 0.57 | 59.05 | 60.72 | 2.58 | 12.17 | 42.27 | 3.68 | 13.79 | 29.12 | 0 | 0 | 94.42 | 13.64 | 108.22 | 15.41 | 14.68 | 92.65 | 109.1 | 20.27 | 0.01 | -75.76 |
| 2016 (3) | 23.88 | 27.7 | 0 | 0 | 9.4 | 11.64 | 0 | 0 | 136.23 | 13.37 | 31.13 | 16.5 | 10.69 | 52.71 | 7.85 | 34.7 | 27.27 | 10.36 | 17.59 | 0.86 | 36.74 | 75.04 | 2.3 | 270.97 | 40.77 | -31.66 | 10.68 | 33.33 | 0 | 0 | 83.09 | 33.05 | 93.77 | 33.1 | 7.62 | 98.96 | 90.71 | 36.86 | 0.04 | 0 |
| 2015 (2) | 18.7 | -30.15 | 0.24 | 0 | 8.42 | 54.5 | 0 | 0 | 120.16 | 21.25 | 26.72 | 36.12 | 7.0 | 1.45 | 5.83 | -16.33 | 24.71 | 64.73 | 17.44 | 18.4 | 20.99 | -28.56 | 0.62 | 14.81 | 59.66 | -19.62 | 8.01 | 32.4 | 0 | 0 | 62.45 | 59.19 | 70.45 | 55.59 | 3.83 | 73.3 | 66.28 | 59.94 | 0.00 | 0 |
| 2014 (1) | 26.77 | 36.1 | 0 | 0 | 5.45 | 0.0 | 0 | 0 | 99.1 | -5.45 | 19.63 | 8.33 | 6.9 | 6.15 | 6.96 | 12.27 | 15.0 | 33.1 | 14.73 | -0.61 | 29.38 | -21.04 | 0.54 | -15.62 | 74.22 | 0.39 | 6.05 | 43.03 | 0 | 0 | 39.23 | 22.06 | 45.28 | 23.35 | 2.21 | 123.23 | 41.44 | 25.08 | 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) | 56.73 | 7.12 | -10.69 | 0.08 | 0 | -63.64 | 45.68 | -34.57 | -48.03 | 0 | 0 | 0 | 43.48 | -12.36 | 4.39 | 2.28 | -52.99 | 570.59 | 12.04 | -21.46 | -0.17 | 6.47 | -22.23 | -22.25 | 50.68 | -3.23 | -1.73 | 117.71 | -1.06 | 0.28 | 161.22 | 10.42 | -1.68 | 4.98 | -4.96 | -9.45 | 42.39 | 0.0 | 0.0 | 40.71 | 0.0 | 0.0 | 0 | 0 | 0 | 142.67 | 1.64 | 11.85 | 183.38 | 1.27 | 8.98 | 44.59 | 2.22 | 94.72 | 187.26 | 1.78 | 24.46 | 0.03 | -1.81 | -28.98 |
| 24Q2 (19) | 52.96 | -5.29 | -24.92 | 0 | -100.0 | -100.0 | 69.81 | 51.73 | -28.27 | 0 | 0 | 0 | 49.61 | 11.68 | 25.79 | 4.85 | 19.16 | 600.0 | 15.33 | 29.04 | 57.88 | 8.32 | 21.92 | 21.98 | 52.37 | -1.45 | 4.82 | 118.97 | 0.69 | 1.07 | 146.0 | -18.63 | -4.99 | 5.24 | 0.19 | -5.42 | 42.39 | 0.0 | 0.0 | 40.71 | 0.0 | 0.0 | 0 | 0 | 0 | 140.37 | 3.62 | 10.34 | 181.08 | 2.78 | 7.83 | 43.62 | 25.42 | 194.93 | 183.99 | 8.07 | 29.56 | 0.03 | -9.35 | -31.67 |
| 24Q1 (18) | 55.92 | -45.85 | -46.26 | 0.06 | -71.43 | -62.5 | 46.01 | -40.56 | -64.72 | 0 | 0 | 0 | 44.42 | -8.75 | 55.31 | 4.07 | 5.71 | 201.24 | 11.88 | 3.39 | 52.7 | 6.82 | -6.0 | 36.73 | 53.14 | 3.97 | 0.32 | 118.15 | 1.79 | -1.15 | 179.43 | -10.42 | 10.98 | 5.23 | -0.76 | -6.27 | 42.39 | 0.0 | 0.0 | 40.71 | 0.0 | 4.57 | 0 | 0 | 0 | 135.47 | 3.08 | 4.23 | 176.18 | 2.35 | 4.31 | 34.78 | 37.15 | 191.29 | 170.25 | 8.59 | 19.97 | 0.04 | -10.95 | -33.49 |
| 23Q4 (17) | 103.26 | 62.56 | -0.52 | 0.21 | -4.55 | 0 | 77.41 | -11.93 | 347.2 | 0 | 0 | 0 | 48.68 | 16.88 | 37.86 | 3.85 | 1032.35 | 606.58 | 11.49 | -4.73 | 25.3 | 7.26 | -12.77 | 45.06 | 51.11 | -0.89 | -5.7 | 116.07 | -1.12 | -2.64 | 200.3 | 22.15 | -24.53 | 5.27 | -4.18 | -6.56 | 42.39 | 0.0 | 0.0 | 40.71 | 0.0 | 4.57 | 0 | 0 | 0 | 131.42 | 3.03 | -9.11 | 172.13 | 2.29 | -6.2 | 25.36 | 10.74 | 227.65 | 156.78 | 4.2 | 2.92 | 0.04 | -10.39 | -25.43 |
| 23Q3 (16) | 63.52 | -9.95 | -41.62 | 0.22 | 4.76 | 15.79 | 87.9 | -9.68 | 788.78 | 0 | 0 | 0 | 41.65 | 5.6 | 6.55 | 0.34 | 135.05 | -90.34 | 12.06 | 24.2 | -8.08 | 8.32 | 22.01 | 39.59 | 51.57 | 3.22 | -6.42 | 117.38 | -0.28 | 2.96 | 163.98 | 6.72 | -41.83 | 5.5 | -0.72 | -6.46 | 42.39 | 0.0 | 0.0 | 40.71 | 0.0 | 4.57 | 0 | 0 | 0 | 127.56 | 0.27 | -12.47 | 168.27 | 0.2 | -8.88 | 22.9 | 54.83 | 211.14 | 150.46 | 5.95 | -1.72 | 0.04 | -5.54 | -20.93 |
| 23Q2 (15) | 70.54 | -32.21 | -45.57 | 0.21 | 31.25 | 90.91 | 97.32 | -25.38 | 3840.08 | 0 | 0 | 0 | 39.44 | 37.9 | -25.54 | -0.97 | 75.87 | -115.06 | 9.71 | 24.81 | -46.82 | 6.82 | 36.66 | -7.15 | 49.96 | -5.68 | -16.17 | 117.71 | -1.52 | 4.13 | 153.66 | -4.96 | -41.54 | 5.54 | -0.72 | -8.58 | 42.39 | 0.0 | -0.02 | 40.71 | 4.57 | 4.57 | 0 | 0 | 0 | 127.22 | -2.12 | -10.54 | 167.93 | -0.57 | -7.29 | 14.79 | 23.87 | 144.46 | 142.01 | 0.07 | -4.22 | 0.05 | -11.77 | -20.21 |
| 23Q1 (14) | 104.06 | 0.25 | -26.75 | 0.16 | 0 | 33.33 | 130.42 | 653.44 | 0 | 0 | 0 | 0 | 28.6 | -19.0 | -48.9 | -4.02 | -428.95 | -145.58 | 7.78 | -15.16 | -61.49 | 4.99 | -0.27 | -36.36 | 52.97 | -2.27 | -15.85 | 119.53 | 0.26 | 2.73 | 161.68 | -39.08 | -39.78 | 5.58 | -1.06 | -10.43 | 42.39 | 0.0 | -0.02 | 38.93 | 0.0 | 22.69 | 0 | 0 | 0 | 129.97 | -10.11 | -8.97 | 168.9 | -7.96 | -3.21 | 11.94 | 54.26 | 10.86 | 141.91 | -6.84 | -7.58 | 0.05 | -0.15 | -14.58 |
| 22Q4 (13) | 103.8 | -4.6 | -36.44 | 0 | -100.0 | 0 | 17.31 | 75.03 | 0 | 0 | 0 | 0 | 35.31 | -9.67 | -51.07 | -0.76 | -121.59 | -104.29 | 9.17 | -30.11 | -66.26 | 5.00 | -16.05 | -51.82 | 54.2 | -1.65 | -18.75 | 119.22 | 4.57 | 4.04 | 265.4 | -5.86 | -9.36 | 5.64 | -4.08 | -12.56 | 42.39 | 0.0 | -0.02 | 38.93 | 0.0 | 22.69 | 0 | 0 | 0 | 144.59 | -0.78 | -13.87 | 183.51 | -0.62 | -8.06 | 7.74 | 5.16 | 0.78 | 152.33 | -0.5 | -13.23 | 0.05 | -4.99 | -10.11 |
| 22Q3 (12) | 108.8 | -16.05 | -33.99 | 0.19 | 72.73 | 0 | 9.89 | 300.4 | -82.18 | 0 | 0 | 0 | 39.09 | -26.2 | -42.18 | 3.52 | -45.34 | -77.32 | 13.12 | -28.15 | -37.16 | 5.96 | -18.84 | -26.3 | 55.11 | -7.53 | -16.42 | 114.01 | 0.86 | 3.79 | 281.91 | 7.25 | 18.63 | 5.88 | -2.97 | -5.47 | 42.39 | -0.02 | -0.02 | 38.93 | 0.0 | 22.69 | 0 | 0 | 0 | 145.73 | 2.48 | -2.85 | 184.66 | 1.94 | 1.61 | 7.36 | 21.65 | 75.24 | 153.09 | 3.26 | -0.73 | 0.06 | -4.68 | -10.94 |
| 22Q2 (11) | 129.6 | -8.78 | -34.87 | 0.11 | -8.33 | 0 | 2.47 | 0 | 0 | 0 | 0 | 0 | 52.97 | -5.36 | -14.5 | 6.44 | -26.98 | -34.29 | 18.26 | -9.6 | -13.34 | 7.34 | -6.34 | -10.69 | 59.6 | -5.32 | -1.73 | 113.04 | -2.84 | 519.4 | 262.86 | -2.1 | 2.91 | 6.06 | -2.73 | -5.16 | 42.4 | 0.0 | 0.0 | 38.93 | 22.69 | 22.69 | 0 | 0 | 0 | 142.21 | -0.4 | 19.85 | 181.14 | 3.8 | 20.45 | 6.05 | -43.83 | -82.61 | 148.26 | -3.45 | -3.38 | 0.06 | -5.53 | -7.89 |
| 22Q1 (10) | 142.07 | -13.01 | -36.39 | 0.12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55.97 | -22.45 | -6.86 | 8.82 | -50.23 | -23.37 | 20.2 | -25.68 | 1.05 | 7.84 | -24.49 | -0.07 | 62.95 | -5.64 | 5.89 | 116.35 | 1.54 | 527.22 | 268.49 | -8.3 | 8.72 | 6.23 | -3.41 | -4.15 | 42.4 | 0.0 | 0.0 | 31.73 | 0.0 | 26.11 | 0 | 0 | 0 | 142.78 | -14.95 | 25.29 | 174.51 | -12.57 | 25.44 | 10.77 | 40.23 | -69.47 | 153.55 | -12.54 | 2.89 | 0.06 | 5.06 | 29.43 |
| 21Q4 (9) | 163.32 | -0.91 | 95.45 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 72.17 | 6.74 | 5.19 | 17.72 | 14.18 | 36.73 | 27.18 | 30.17 | 33.37 | 10.38 | 28.4 | 30.13 | 66.71 | 1.17 | 21.31 | 114.59 | 4.31 | 415.47 | 292.8 | 23.21 | 156.41 | 6.45 | 3.7 | 1.9 | 42.4 | 0.0 | -0.02 | 31.73 | 0.0 | 26.11 | 0 | 0 | 0 | 167.88 | 11.91 | 15.9 | 199.6 | 9.83 | 17.4 | 7.68 | 82.86 | -78.14 | 175.56 | 13.84 | -2.46 | 0.06 | -5.86 | 27.17 |
| 21Q3 (8) | 164.82 | -17.17 | 145.67 | 0 | 0 | 0 | 55.49 | 0 | 0 | 0 | 0 | 0 | 67.61 | 9.14 | 2.97 | 15.52 | 58.37 | -21.58 | 20.88 | -0.9 | 18.5 | 8.08 | -1.65 | 17.41 | 65.94 | 8.72 | 18.83 | 109.85 | 501.92 | 447.88 | 237.64 | -6.96 | 127.78 | 6.22 | -2.66 | -22.54 | 42.4 | 0.0 | -0.02 | 31.73 | 0.0 | 26.11 | 0 | 0 | 0 | 150.01 | 26.42 | 13.83 | 181.74 | 20.85 | 15.81 | 4.2 | -87.93 | -84.99 | 154.21 | 0.5 | -3.47 | 0.06 | -1.41 | 119.69 |
| 21Q2 (7) | 198.99 | -10.9 | 223.09 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 61.95 | 3.1 | 2.43 | 9.8 | -14.86 | -41.07 | 21.07 | 5.4 | -9.1 | 8.22 | 4.8 | 0 | 60.65 | 2.02 | 13.43 | 18.25 | -1.62 | -5.19 | 255.43 | 3.43 | 312.85 | 6.39 | -1.69 | -16.14 | 42.4 | 0.0 | -0.02 | 31.73 | 26.11 | 0 | 0 | 0 | 0 | 118.66 | 4.12 | 0 | 150.39 | 8.1 | 9.66 | 34.79 | -1.39 | 3.14 | 153.45 | 2.82 | 354.94 | 0.06 | 32.73 | 111.79 |
| 21Q1 (6) | 223.34 | 167.28 | 364.13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 60.09 | -12.42 | -1.02 | 11.51 | -11.19 | -27.66 | 19.99 | -1.91 | -12.97 | 7.84 | -1.68 | 0 | 59.45 | 8.11 | 19.45 | 18.55 | -16.55 | -3.28 | 246.96 | 116.27 | 410.99 | 6.5 | 2.69 | -2.69 | 42.4 | -0.02 | -0.02 | 25.16 | 0.0 | 21.66 | 0 | 0 | 0 | 113.96 | -21.33 | 14.49 | 139.12 | -18.17 | 15.72 | 35.28 | 0.43 | 26.41 | 149.24 | -17.08 | 17.1 | 0.05 | 3.23 | 728.86 |
| 20Q4 (5) | 83.56 | 24.55 | 41.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 68.61 | 4.49 | -0.62 | 12.96 | -34.51 | -30.4 | 20.38 | 15.66 | -15.33 | 7.98 | 15.86 | 0 | 54.99 | -0.9 | 25.29 | 22.23 | 10.87 | 14.94 | 114.19 | 9.45 | 97.29 | 6.33 | -21.17 | 0.64 | 42.41 | 0.0 | 0.0 | 25.16 | 0.0 | 21.66 | 0 | 0 | 0 | 144.85 | 9.92 | 27.84 | 170.01 | 8.33 | 26.88 | 35.13 | 25.55 | 26.69 | 179.98 | 12.66 | 27.61 | 0.05 | 62.63 | 658.52 |
| 20Q3 (4) | 67.09 | 8.93 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 65.66 | 8.56 | 0.0 | 19.79 | 19.0 | 0.0 | 17.62 | -23.99 | 0.0 | 6.89 | 0 | 0.0 | 55.49 | 3.78 | 0.0 | 20.05 | 4.16 | 0.0 | 104.33 | 68.63 | 0.0 | 8.03 | 5.38 | 0.0 | 42.41 | 0.0 | 0.0 | 25.16 | 0 | 0.0 | 0 | 0 | 0.0 | 131.78 | 0 | 0.0 | 156.93 | 14.43 | 0.0 | 27.98 | -17.05 | 0.0 | 159.76 | 373.64 | 0.0 | 0.03 | -4.95 | 0.0 |
