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) | 157.01 | -5.89 | 14.09 | 273.74 | 17.97 | 37.7 | 0 | 0 | 268.32 | -36.78 | 0.48 | -99.31 | 42.99 | -14.87 | 16.02 | 34.65 | 26.12 | -24.96 | 4.38 | 14.96 | 152.8 | 41.88 | 0.42 | -12.5 | 45.44 | 0.35 | 47.89 | 17.15 | 1.48 | -27.09 | 152.7 | -18.89 | 202.07 | -12.59 | -2.1 | 0 | 150.6 | -19.21 | 0.19 | 64.63 |
| 2022 (9) | 166.84 | 8.82 | 3.77 | -65.73 | 13.05 | 88.86 | 0 | 0 | 424.41 | 18.97 | 69.77 | 80.8 | 50.5 | -11.08 | 11.90 | -25.26 | 34.81 | 0.43 | 3.81 | 17.23 | 107.7 | 14.73 | 0.48 | 45.45 | 45.28 | 0.44 | 40.88 | 10.46 | 2.03 | 12.15 | 188.26 | 32.12 | 231.17 | 27.5 | -1.84 | 0 | 186.42 | 32.72 | 0.12 | -2.57 |
| 2021 (8) | 153.32 | 31.44 | 11.0 | -58.33 | 6.91 | -28.62 | 0 | 0 | 356.73 | 31.64 | 38.59 | 611.99 | 56.79 | 28.98 | 15.92 | -2.02 | 34.66 | 19.97 | 3.25 | 8.7 | 93.87 | 255.3 | 0.33 | 3.12 | 45.08 | -0.02 | 37.01 | 1.45 | 1.81 | -1.09 | 142.49 | 30.94 | 181.31 | 23.23 | -2.03 | 0 | 140.46 | 31.3 | 0.12 | -1.46 |
| 2020 (7) | 116.65 | 8.9 | 26.4 | -35.55 | 9.68 | -16.41 | 0 | 0 | 270.98 | 21.37 | 5.42 | 0 | 44.03 | 18.17 | 16.25 | -2.64 | 28.89 | 17.77 | 2.99 | -44.42 | 26.42 | 39.94 | 0.32 | 3.23 | 45.09 | -0.04 | 36.48 | 0.0 | 1.83 | 83.0 | 108.82 | -0.01 | 147.13 | 0.56 | -1.84 | 0 | 106.98 | 0.25 | 0.12 | 6.31 |
| 2019 (6) | 107.12 | 6.39 | 40.96 | 22.63 | 11.58 | 35.76 | 0 | 0 | 223.27 | -5.9 | -20.25 | 0 | 37.26 | -2.51 | 16.69 | 3.61 | 24.53 | -24.96 | 5.38 | -26.8 | 18.88 | -27.41 | 0.31 | 106.67 | 45.11 | 0.07 | 36.48 | 0.97 | 1.0 | 28.21 | 108.83 | -20.25 | 146.31 | -15.61 | -2.12 | 0 | 106.71 | -20.63 | 0.11 | 71.63 |
| 2018 (5) | 100.69 | -2.64 | 33.4 | 1.3 | 8.53 | 66.6 | 0 | 0 | 237.28 | 6.24 | 3.49 | -29.07 | 38.22 | 3.61 | 16.11 | -2.48 | 32.69 | 53.62 | 7.35 | -10.69 | 26.01 | 48.88 | 0.15 | -34.78 | 45.08 | 1.08 | 36.13 | 1.4 | 0.78 | 7700.0 | 136.47 | -3.19 | 173.37 | -1.83 | -2.03 | 0 | 134.44 | -4.09 | 0.07 | 3.18 |
| 2017 (4) | 103.42 | -7.77 | 32.97 | 47.98 | 5.12 | -4.48 | 0 | 0 | 223.35 | -3.58 | 4.92 | -77.98 | 36.89 | 2.44 | 16.52 | 6.25 | 21.28 | -5.76 | 8.23 | 90.07 | 17.47 | 15.85 | 0.23 | 21.05 | 44.6 | 0.0 | 35.63 | 6.68 | 0.01 | 0 | 140.96 | -7.04 | 176.6 | -4.56 | -0.78 | 0 | 140.18 | -7.55 | 0.06 | -7.39 |
| 2016 (3) | 112.13 | -12.03 | 22.28 | -28.01 | 5.36 | -6.46 | 0 | 0 | 231.65 | 0.45 | 22.34 | -23.07 | 36.01 | -6.25 | 15.55 | -6.67 | 22.58 | -1.18 | 4.33 | 0 | 15.08 | 10.4 | 0.19 | -36.67 | 44.6 | 0.0 | 33.4 | 9.51 | 0 | 0 | 151.63 | 2.59 | 185.03 | 3.77 | -0.01 | 0 | 151.62 | 1.26 | 0.07 | -12.51 |
| 2015 (2) | 127.46 | 10.43 | 30.95 | 71.28 | 5.73 | -60.04 | 0 | 0 | 230.61 | -7.55 | 29.04 | -19.71 | 38.41 | 10.28 | 16.66 | 19.28 | 22.85 | 5.64 | 0 | 0 | 13.66 | 86.87 | 0.3 | 50.0 | 44.6 | 0.0 | 30.5 | 13.47 | 0 | 0 | 147.8 | 5.34 | 178.3 | 6.65 | 1.94 | -30.71 | 149.74 | 4.63 | 0.08 | -10.52 |
| 2014 (1) | 115.42 | 17.92 | 18.07 | 14.29 | 14.34 | -3.63 | 0 | 0 | 249.44 | 7.97 | 36.17 | 12.19 | 34.83 | -4.39 | 13.96 | -11.45 | 21.63 | 7.88 | 0 | 0 | 7.31 | -47.41 | 0.2 | 42.86 | 44.6 | 0.0 | 26.88 | 13.66 | 0 | 0 | 140.31 | 14.94 | 167.18 | 14.15 | 2.8 | 156.88 | 143.11 | 16.2 | 0.09 | -0.73 |
| 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) | 137.65 | -4.51 | -20.79 | 28.17 | 15.93 | 190.11 | 25.87 | 20.77 | 58.52 | 0 | 0 | 0 | 81.97 | 12.29 | 35.58 | 1.85 | 107.87 | 153.94 | 50.73 | 11.64 | 35.71 | 16.92 | 3.63 | 30.24 | 31.42 | 3.49 | 16.63 | 4.43 | 0.45 | 1.37 | 147.19 | -1.56 | -6.17 | 0.42 | -19.23 | 5.0 | 45.67 | 0.51 | 0.48 | 47.93 | 0.0 | 0.08 | 1.95 | 0.0 | 31.76 | 150.64 | 1.24 | 0.96 | 200.52 | 0.94 | 0.97 | -1.38 | -126.23 | -30.19 | 149.26 | 0.73 | 0.75 | 0.20 | 2.24 | 8.6 |
| 24Q2 (19) | 144.15 | -4.58 | -16.83 | 24.3 | 23.41 | 230.61 | 21.42 | 9.96 | 24.61 | 0 | 0 | 0 | 73.0 | 4.38 | 12.97 | 0.89 | 256.0 | 368.42 | 45.44 | 4.48 | 21.63 | 16.33 | 1.34 | 49.77 | 30.36 | 14.26 | 21.05 | 4.41 | 0.23 | 14.84 | 149.52 | -3.67 | 13.86 | 0.52 | -7.14 | -10.34 | 45.44 | 0.0 | -0.02 | 47.93 | 0.08 | 0.08 | 1.95 | 31.76 | 31.76 | 148.79 | 0.26 | -2.53 | 198.66 | 0.44 | -1.66 | -0.61 | 31.46 | 75.98 | 148.18 | 0.45 | -1.29 | 0.20 | 3.28 | 57.91 |
| 24Q1 (18) | 151.07 | -3.78 | -3.73 | 19.69 | 39.74 | 225.45 | 19.48 | 8.4 | 32.7 | 0 | 0 | 0 | 69.94 | -6.61 | 2.34 | 0.25 | -93.11 | 212.5 | 43.49 | 1.16 | 6.25 | 16.11 | 0.56 | 54.56 | 26.57 | 1.72 | -6.54 | 4.4 | 0.46 | 14.58 | 155.21 | 1.58 | 28.52 | 0.56 | 33.33 | -1.75 | 45.44 | 0.0 | 0.04 | 47.89 | 0.0 | 17.15 | 1.48 | 0.0 | -27.09 | 148.4 | -2.82 | -6.61 | 197.78 | -2.12 | -2.0 | -0.89 | 57.62 | 50.0 | 147.51 | -2.05 | -6.12 | 0.19 | -0.89 | 60.25 |
| 23Q4 (17) | 157.01 | -9.64 | -5.89 | 14.09 | 45.11 | 273.74 | 17.97 | 10.11 | 37.7 | 0 | 0 | 0 | 74.89 | 23.87 | -20.57 | 3.63 | 205.83 | -69.52 | 42.99 | 15.01 | -14.87 | 16.02 | 23.32 | 34.66 | 26.12 | -3.04 | -24.96 | 4.38 | 0.23 | 14.96 | 152.8 | -2.59 | 41.88 | 0.42 | 5.0 | -12.5 | 45.44 | -0.02 | 0.35 | 47.89 | 0.0 | 17.15 | 1.48 | 0.0 | -27.09 | 152.7 | 2.34 | -18.89 | 202.07 | 1.75 | -12.59 | -2.1 | -98.11 | -14.13 | 150.6 | 1.65 | -19.21 | 0.19 | 3.77 | 64.63 |
| 23Q3 (16) | 173.77 | 0.27 | 35.98 | 9.71 | 32.11 | -49.19 | 16.32 | -5.06 | 42.78 | 0 | 0 | 0 | 60.46 | -6.44 | -47.63 | -3.43 | -1905.26 | -115.87 | 37.38 | 0.05 | -47.14 | 12.99 | 19.17 | -21.07 | 26.94 | 7.42 | -32.43 | 4.37 | 13.8 | 14.7 | 156.87 | 19.46 | 51.08 | 0.4 | -31.03 | -21.57 | 45.45 | 0.0 | 0.38 | 47.89 | 0.0 | 17.15 | 1.48 | 0.0 | -27.09 | 149.21 | -2.25 | -15.19 | 198.59 | -1.7 | -9.26 | -1.06 | 58.27 | 28.86 | 148.15 | -1.31 | -15.08 | 0.18 | 48.65 | 63.05 |
| 23Q2 (15) | 173.31 | 10.44 | 33.44 | 7.35 | 21.49 | -65.67 | 17.19 | 17.1 | 75.23 | 0 | 0 | 0 | 64.62 | -5.44 | -43.58 | 0.19 | 137.5 | -99.09 | 37.36 | -8.72 | -46.89 | 10.90 | 4.57 | -36.17 | 25.08 | -11.78 | -36.07 | 3.84 | 0.0 | 1.32 | 131.32 | 8.74 | 57.68 | 0.58 | 1.75 | 23.4 | 45.45 | 0.07 | 0.82 | 47.89 | 17.15 | 17.15 | 1.48 | -27.09 | -27.09 | 152.65 | -3.94 | -1.11 | 202.02 | 0.1 | 2.41 | -2.54 | -42.7 | -72.79 | 150.11 | -4.47 | -1.82 | 0.12 | 4.82 | 9.79 |
| 23Q1 (14) | 156.93 | -5.94 | 4.22 | 6.05 | 60.48 | -62.68 | 14.68 | 12.49 | 75.18 | 0 | 0 | 0 | 68.34 | -27.52 | -31.76 | 0.08 | -99.33 | -99.48 | 40.93 | -18.95 | -32.48 | 10.43 | -12.39 | -33.86 | 28.43 | -18.33 | -29.24 | 3.84 | 0.79 | 1.59 | 120.77 | 12.14 | 35.64 | 0.57 | 18.75 | 90.0 | 45.42 | 0.31 | 0.75 | 40.88 | 0.0 | 10.46 | 2.03 | 0.0 | 12.15 | 158.91 | -15.59 | 15.57 | 201.82 | -12.7 | 14.46 | -1.78 | 3.26 | -76.24 | 157.13 | -15.71 | 15.12 | 0.12 | 1.82 | 3.09 |
| 22Q4 (13) | 166.84 | 30.56 | 8.82 | 3.77 | -80.27 | -65.73 | 13.05 | 14.17 | 88.86 | 0 | 0 | 0 | 94.29 | -18.32 | -5.27 | 11.91 | -44.89 | -12.62 | 50.5 | -28.59 | -11.08 | 11.90 | -27.71 | -25.26 | 34.81 | -12.69 | 0.43 | 3.81 | 0.0 | 17.23 | 107.7 | 3.73 | 14.73 | 0.48 | -5.88 | 45.45 | 45.28 | 0.0 | 0.44 | 40.88 | 0.0 | 10.46 | 2.03 | 0.0 | 12.15 | 188.26 | 7.0 | 32.12 | 231.17 | 5.63 | 27.5 | -1.84 | -23.49 | 9.36 | 186.42 | 6.86 | 32.72 | 0.12 | 2.78 | -2.57 |
| 22Q3 (12) | 127.79 | -1.61 | -1.17 | 19.11 | -10.74 | -28.4 | 11.43 | 16.51 | 60.31 | 0 | 0 | 0 | 115.44 | 0.79 | 18.18 | 21.61 | 3.1 | 56.03 | 70.72 | 0.53 | 23.98 | 16.46 | -3.63 | -4.0 | 39.87 | 1.63 | 20.71 | 3.81 | 0.53 | 17.23 | 103.83 | 24.68 | 43.15 | 0.51 | 8.51 | 41.67 | 45.28 | 0.44 | 0.44 | 40.88 | 0.0 | 10.46 | 2.03 | 0.0 | 12.15 | 175.94 | 13.98 | 36.64 | 218.85 | 10.94 | 30.59 | -1.49 | -1.36 | 33.78 | 174.45 | 14.1 | 37.89 | 0.11 | 0.1 | -5.58 |
| 22Q2 (11) | 129.88 | -13.75 | 8.06 | 21.41 | 32.08 | -28.82 | 9.81 | 17.06 | 22.62 | 0 | 0 | 0 | 114.54 | 14.38 | 31.28 | 20.96 | 37.08 | 145.72 | 70.35 | 16.05 | 27.56 | 17.08 | 8.36 | -5.94 | 39.23 | -2.36 | 31.87 | 3.79 | 0.26 | 6.76 | 83.28 | -6.47 | 13.01 | 0.47 | 56.67 | 27.03 | 45.08 | 0.0 | 0.0 | 40.88 | 10.46 | 10.46 | 2.03 | 12.15 | 12.15 | 154.36 | 12.26 | 34.33 | 197.27 | 11.88 | 28.32 | -1.47 | -45.54 | 31.94 | 152.89 | 12.02 | 35.6 | 0.11 | -1.58 | -5.14 |
| 22Q1 (10) | 150.58 | -1.79 | 34.7 | 16.21 | 47.36 | -38.78 | 8.38 | 21.27 | 3.08 | 0 | 0 | 0 | 100.14 | 0.6 | 38.58 | 15.29 | 12.18 | 492.64 | 60.62 | 6.74 | 30.96 | 15.76 | -0.99 | -3.19 | 40.18 | 15.93 | 38.6 | 3.78 | 16.31 | 28.14 | 89.04 | -5.15 | 124.62 | 0.3 | -9.09 | -3.23 | 45.08 | 0.0 | 0.0 | 37.01 | 0.0 | 1.45 | 1.81 | 0.0 | -1.09 | 137.5 | -3.5 | 28.64 | 176.32 | -2.75 | 21.43 | -1.01 | 50.25 | 47.67 | 136.49 | -2.83 | 30.04 | 0.11 | -3.77 | -2.61 |
| 21Q4 (9) | 153.32 | 18.58 | 31.44 | 11.0 | -58.79 | -58.33 | 6.91 | -3.09 | -28.62 | 0 | 0 | 0 | 99.54 | 1.9 | 31.88 | 13.63 | -1.59 | 701.76 | 56.79 | -0.44 | 28.98 | 15.92 | -7.15 | -2.02 | 34.66 | 4.93 | 19.97 | 3.25 | 0.0 | 8.7 | 93.87 | 29.42 | 255.3 | 0.33 | -8.33 | 3.12 | 45.08 | 0.0 | -0.02 | 37.01 | 0.0 | 1.45 | 1.81 | 0.0 | -1.09 | 142.49 | 10.66 | 30.94 | 181.31 | 8.19 | 23.23 | -2.03 | 9.78 | -10.33 | 140.46 | 11.03 | 31.3 | 0.12 | -0.4 | -1.46 |
| 21Q3 (8) | 129.3 | 7.58 | 17.17 | 26.69 | -11.27 | -21.25 | 7.13 | -10.88 | -34.29 | 0 | 0 | 0 | 97.68 | 11.95 | 42.14 | 13.85 | 62.37 | 2247.46 | 57.04 | 3.43 | 35.81 | 17.15 | -5.58 | 5.27 | 33.03 | 11.03 | 10.36 | 3.25 | -8.45 | -16.67 | 72.53 | -1.57 | 236.1 | 0.36 | -2.7 | 56.52 | 45.08 | 0.0 | -0.02 | 37.01 | 0.0 | 1.45 | 1.81 | 0.0 | -1.09 | 128.76 | 12.05 | 20.1 | 167.58 | 9.01 | 15.16 | -2.25 | -4.17 | -6.13 | 126.51 | 12.2 | 20.38 | 0.12 | 0.57 | 2.3 |
| 21Q2 (7) | 120.19 | 7.51 | 8.03 | 30.08 | 13.6 | -12.76 | 8.0 | -1.6 | -28.44 | 0 | 0 | 0 | 87.25 | 20.74 | 28.57 | 8.53 | 230.62 | 264.53 | 55.15 | 19.14 | 30.69 | 18.16 | 11.53 | 0 | 29.75 | 2.62 | 10.35 | 3.55 | 20.34 | -21.81 | 73.69 | 85.9 | 318.93 | 0.37 | 19.35 | 94.74 | 45.08 | 0.0 | -0.02 | 37.01 | 1.45 | 1.45 | 1.81 | -1.09 | -1.09 | 114.91 | 7.5 | 7.78 | 153.73 | 5.87 | 6.07 | -2.16 | -11.92 | 10.37 | 112.75 | 7.42 | 8.19 | 0.12 | 1.04 | 4.73 |
| 21Q1 (6) | 111.79 | -4.17 | 8.58 | 26.48 | 0.3 | -25.95 | 8.13 | -16.01 | -30.75 | 0 | 0 | 0 | 72.26 | -4.27 | 22.64 | 2.58 | 51.76 | 226.58 | 46.29 | 5.13 | 18.48 | 16.28 | 0.2 | 0 | 28.99 | 0.35 | 14.81 | 2.95 | -1.34 | -41.81 | 39.64 | 50.04 | 102.14 | 0.31 | -3.12 | 29.17 | 45.08 | -0.02 | -0.04 | 36.48 | 0.0 | 0.0 | 1.83 | 0.0 | 83.0 | 106.89 | -1.77 | 1.69 | 145.2 | -1.31 | 1.83 | -1.93 | -4.89 | 6.31 | 104.96 | -1.89 | 1.85 | 0.12 | -2.64 | 5.6 |
| 20Q4 (5) | 116.65 | 5.71 | 8.9 | 26.4 | -22.1 | -35.55 | 9.68 | -10.78 | -16.41 | 0 | 0 | 0 | 75.48 | 9.84 | 21.04 | 1.7 | 188.14 | 2733.33 | 44.03 | 4.83 | 18.17 | 16.25 | -0.24 | 0 | 28.89 | -3.47 | 17.77 | 2.99 | -23.33 | -44.42 | 26.42 | 22.43 | 39.94 | 0.32 | 39.13 | 3.23 | 45.09 | 0.0 | -0.04 | 36.48 | 0.0 | 0.0 | 1.83 | 0.0 | 83.0 | 108.82 | 1.5 | -0.01 | 147.13 | 1.11 | 0.56 | -1.84 | 13.21 | 13.21 | 106.98 | 1.8 | 0.25 | 0.12 | 3.4 | 6.31 |
| 20Q3 (4) | 110.35 | -0.82 | 0.0 | 33.89 | -1.71 | 0.0 | 10.85 | -2.95 | 0.0 | 0 | 0 | 0.0 | 68.72 | 1.27 | 0.0 | 0.59 | -74.79 | 0.0 | 42.0 | -0.47 | 0.0 | 16.29 | 0 | 0.0 | 29.93 | 11.02 | 0.0 | 3.9 | -14.1 | 0.0 | 21.58 | 22.68 | 0.0 | 0.23 | 21.05 | 0.0 | 45.09 | 0.0 | 0.0 | 36.48 | 0.0 | 0.0 | 1.83 | 0.0 | 0.0 | 107.21 | 0.55 | 0.0 | 145.52 | 0.41 | 0.0 | -2.12 | 12.03 | 0.0 | 105.09 | 0.84 | 0.0 | 0.12 | 2.95 | 0.0 |
