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) | 39.27 | -23.67 | 102.6 | 90.39 | 6.13 | 8.69 | 0 | 0 | 336.85 | -3.56 | 14.09 | 69.76 | 44.63 | 2.69 | 13.25 | 6.48 | 150.37 | 141.44 | 47.01 | 4.17 | 94.51 | -16.46 | 5.07 | -27.57 | 29.6 | 10.7 | 13.39 | 6.19 | 10.65 | -14.8 | 30.85 | 48.46 | 54.9 | 19.63 | -12.27 | 0 | 18.58 | 83.42 | 0.06 | -7.65 |
| 2022 (9) | 51.45 | 64.9 | 53.89 | -39.79 | 5.64 | 300.0 | 0 | 0 | 349.27 | -11.79 | 8.3 | -63.06 | 43.46 | -15.95 | 12.44 | -4.72 | 62.28 | -31.43 | 45.13 | 13.22 | 113.13 | 133.79 | 7.0 | -1.69 | 26.74 | 1.4 | 12.61 | 21.72 | 12.5 | 6.66 | 20.78 | -31.15 | 45.89 | -12.19 | -10.65 | 0 | 10.13 | -41.55 | 0.07 | 19.22 |
| 2021 (8) | 31.2 | 12.31 | 89.5 | 42.7 | 1.41 | -46.99 | 0 | 0 | 395.94 | 22.86 | 22.47 | 66.32 | 51.71 | 37.82 | 13.06 | 12.18 | 90.83 | 31.73 | 39.86 | -10.45 | 48.39 | -15.73 | 7.12 | -6.44 | 26.37 | 11.55 | 10.36 | 11.76 | 11.72 | 7.62 | 30.18 | 70.6 | 52.26 | 38.07 | -12.85 | 0 | 17.33 | 285.11 | 0.06 | -14.9 |
| 2020 (7) | 27.78 | 11.84 | 62.72 | 91.1 | 2.66 | 192.31 | 0 | 0 | 322.27 | 26.07 | 13.51 | 227.12 | 37.52 | 28.36 | 11.64 | 1.81 | 68.95 | 36.48 | 44.51 | 13.17 | 57.42 | -28.58 | 7.61 | -15.26 | 23.64 | 5.63 | 9.27 | 4.63 | 10.89 | 32.48 | 17.69 | 62.29 | 37.85 | 35.28 | -13.19 | 0 | 4.5 | 0 | 0.07 | -15.04 |
| 2019 (6) | 24.84 | 22.67 | 32.82 | -13.77 | 0.91 | -98.14 | 0 | 0 | 255.62 | -19.21 | 4.13 | 0 | 29.23 | 2.02 | 11.43 | 26.29 | 50.52 | 72.72 | 39.33 | -20.58 | 80.4 | 225.51 | 8.98 | -6.75 | 22.38 | 1.87 | 8.86 | 0.0 | 8.22 | 81.06 | 10.9 | -2.94 | 27.98 | 13.56 | -11.31 | 0 | -0.41 | 0 | 0.08 | -0.44 |
| 2018 (5) | 20.25 | -32.14 | 38.06 | -34.9 | 48.86 | 6007.5 | 0 | 0 | 316.41 | -2.08 | -1.79 | 0 | 28.65 | -21.01 | 9.05 | -19.33 | 29.25 | -56.77 | 49.52 | 9.44 | 24.7 | -64.98 | 9.63 | 130.38 | 21.97 | -2.01 | 8.86 | 26.57 | 4.54 | 228.99 | 11.23 | -65.1 | 24.64 | -39.27 | -8.55 | 0 | 2.68 | -90.01 | 0.08 | -21.3 |
| 2017 (4) | 29.84 | 28.4 | 58.46 | -24.35 | 0.8 | -42.45 | 0 | 0 | 323.12 | 39.05 | 17.23 | 29.16 | 36.27 | 11.74 | 11.22 | -19.64 | 67.66 | 33.61 | 45.25 | 10.45 | 70.53 | 95.92 | 4.18 | 442.86 | 22.42 | -2.52 | 7.0 | 23.46 | 1.38 | 0.0 | 32.18 | 27.5 | 40.57 | 25.64 | -5.34 | 0 | 26.84 | 6.38 | 0.10 | 241.45 |
| 2016 (3) | 23.24 | -6.33 | 77.28 | 39.44 | 1.39 | -15.24 | 0 | 0 | 232.38 | 15.07 | 13.34 | 0 | 32.46 | 72.11 | 13.97 | 49.57 | 50.64 | 63.62 | 40.97 | 28.84 | 36.0 | -3.72 | 0.77 | 92.5 | 23.0 | 0.0 | 5.67 | 0.0 | 1.38 | 0.0 | 25.24 | 94.15 | 32.29 | 60.97 | -0.01 | 0 | 25.23 | 71.63 | 0.03 | 1796.04 |
| 2015 (2) | 24.81 | 2.69 | 55.42 | 6.58 | 1.64 | 1.23 | 0 | 0 | 201.95 | -30.57 | -0.45 | 0 | 18.86 | -19.54 | 9.34 | 15.88 | 30.95 | -25.81 | 31.8 | 16.19 | 37.39 | -4.2 | 0.4 | 17.65 | 23.0 | 0.0 | 5.67 | 16.67 | 1.38 | 0.0 | 13.0 | -34.77 | 20.06 | -23.35 | 1.7 | -38.85 | 14.7 | -35.27 | 0.00 | 356.01 |
| 2014 (1) | 24.16 | -9.0 | 52.0 | 519.05 | 1.62 | 1.89 | 0 | 0 | 290.85 | -13.23 | 8.08 | -59.34 | 23.44 | 5.02 | 8.06 | 21.03 | 41.72 | 2.2 | 27.37 | 37.06 | 39.03 | -3.99 | 0.34 | 61.9 | 23.0 | -5.47 | 4.86 | 69.34 | 1.38 | 0.0 | 19.93 | -37.23 | 26.17 | -27.31 | 2.78 | 247.5 | 22.71 | -30.23 | 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) | 30.34 | -15.89 | -21.28 | 129.83 | 6.8 | 12.04 | 10.59 | 50.64 | 71.92 | 0 | 0 | 0 | 93.99 | -6.47 | 9.25 | 5.9 | -21.85 | 42.51 | 52.9 | 0.88 | 3.04 | 12.79 | -1.06 | -24.94 | 169.7 | -5.56 | 17.11 | 44.27 | 5.66 | -6.17 | 106.42 | -13.13 | -3.26 | 8.97 | -1.32 | 32.89 | 29.59 | 0.0 | 0.82 | 14.82 | 0.0 | 10.68 | 10.92 | 0.0 | 2.54 | 42.02 | 11.02 | 76.93 | 67.77 | 6.57 | 41.81 | -10.66 | -1.81 | -21.14 | 31.36 | 14.54 | 109.77 | 0.06 | 1.26 | -5.36 |
| 24Q2 (19) | 36.07 | 0.92 | 24.04 | 121.56 | -12.92 | 23.75 | 7.03 | 9.5 | 18.35 | 0 | 0 | 0 | 100.49 | -7.65 | 46.74 | 7.55 | -28.77 | 182.77 | 52.44 | 8.53 | 31.99 | 12.93 | -0.04 | -0.92 | 179.69 | -8.83 | 56.76 | 41.9 | -13.38 | -6.03 | 122.5 | 11.42 | 24.97 | 9.09 | 80.72 | 34.47 | 29.59 | 0.0 | 10.66 | 14.82 | 10.68 | 10.68 | 10.92 | 2.54 | 2.54 | 37.85 | -8.49 | 95.2 | 63.59 | -2.77 | 46.39 | -10.47 | -9.18 | 4.73 | 27.38 | -13.82 | 225.95 | 0.06 | 3.59 | -21.65 |
| 24Q1 (18) | 35.74 | -8.99 | 43.36 | 139.59 | 36.05 | 155.85 | 6.42 | 4.73 | 8.08 | 0 | 0 | 0 | 108.81 | -1.29 | 50.89 | 10.6 | 50.57 | 4316.67 | 48.32 | 8.27 | 26.59 | 12.94 | -2.37 | 9.61 | 197.1 | 31.08 | 170.85 | 48.37 | 2.89 | 4.27 | 109.94 | 16.33 | 16.28 | 5.03 | -0.79 | -26.14 | 29.59 | -0.03 | 10.66 | 13.39 | 0.0 | 6.19 | 10.65 | 0.0 | -14.8 | 41.36 | 34.07 | 163.27 | 65.4 | 19.13 | 60.25 | -9.59 | 21.84 | 5.33 | 31.77 | 70.99 | 469.35 | 0.06 | -8.34 | -21.59 |
| 23Q4 (17) | 39.27 | 1.89 | -23.67 | 102.6 | -11.46 | 90.39 | 6.13 | -0.49 | 8.69 | 0 | 0 | 0 | 110.23 | 28.13 | 47.7 | 7.04 | 70.05 | 293.3 | 44.63 | -13.07 | 2.69 | 13.25 | -22.26 | 6.48 | 150.37 | 3.77 | 141.44 | 47.01 | -0.36 | 4.17 | 94.51 | -14.09 | -16.46 | 5.07 | -24.89 | -27.57 | 29.6 | 0.85 | 10.7 | 13.39 | 0.0 | 6.19 | 10.65 | 0.0 | -14.8 | 30.85 | 29.89 | 48.46 | 54.9 | 14.88 | 19.63 | -12.27 | -39.43 | -15.21 | 18.58 | 24.28 | 83.42 | 0.06 | -1.56 | -7.65 |
| 23Q3 (16) | 38.54 | 32.53 | 7.29 | 115.88 | 17.97 | 57.68 | 6.16 | 3.7 | 10.0 | 0 | 0 | 0 | 86.03 | 25.63 | -3.56 | 4.14 | 55.06 | 191.55 | 51.34 | 29.22 | -6.33 | 17.04 | 30.59 | 17.06 | 144.91 | 26.42 | 112.98 | 47.18 | 5.81 | 15.3 | 110.01 | 12.23 | 10.34 | 6.75 | -0.15 | -7.02 | 29.35 | 9.76 | 9.76 | 13.39 | 0.0 | 6.19 | 10.65 | 0.0 | -14.8 | 23.75 | 22.49 | 23.31 | 47.79 | 10.01 | 7.71 | -8.8 | 19.93 | 8.14 | 14.95 | 77.98 | 54.44 | 0.07 | -16.17 | -14.4 |
| 23Q2 (15) | 29.08 | 16.65 | 0.35 | 98.23 | 80.04 | 11.21 | 5.94 | 0.0 | 615.66 | 0 | 0 | 0 | 68.48 | -5.03 | -21.73 | 2.67 | 1012.5 | 621.62 | 39.73 | 4.09 | -18.6 | 13.05 | 10.59 | 2.7 | 114.63 | 57.52 | 27.28 | 44.59 | -3.88 | 13.72 | 98.02 | 3.67 | 32.66 | 6.76 | -0.73 | -4.79 | 26.74 | 0.0 | 0.22 | 13.39 | 6.19 | 6.19 | 10.65 | -14.8 | -14.8 | 19.39 | 23.42 | 7.66 | 43.44 | 6.44 | 0.74 | -10.99 | -8.49 | -1.38 | 8.4 | 50.54 | 17.15 | 0.08 | 3.67 | 16.73 |
| 23Q1 (14) | 24.93 | -51.55 | -2.04 | 54.56 | 1.24 | -42.98 | 5.94 | 5.32 | 460.38 | 0 | 0 | 0 | 72.11 | -3.38 | -26.38 | 0.24 | -86.59 | -94.9 | 38.17 | -12.17 | -27.78 | 11.80 | -5.16 | -10.03 | 72.77 | 16.84 | -33.66 | 46.39 | 2.79 | 10.69 | 94.55 | -16.42 | 17.19 | 6.81 | -2.71 | -4.49 | 26.74 | 0.0 | 0.22 | 12.61 | 0.0 | 21.72 | 12.5 | 0.0 | 6.66 | 15.71 | -24.4 | -54.99 | 40.81 | -11.07 | -28.37 | -10.13 | 4.88 | -19.18 | 5.58 | -44.92 | -78.86 | 0.08 | 7.95 | 20.26 |
| 22Q4 (13) | 51.45 | 43.23 | 64.9 | 53.89 | -26.67 | -39.79 | 5.64 | 0.71 | 300.0 | 0 | 0 | 0 | 74.63 | -16.34 | -26.7 | 1.79 | 26.06 | 237.74 | 43.46 | -20.71 | -15.95 | 12.44 | -14.54 | -4.73 | 62.28 | -8.47 | -31.43 | 45.13 | 10.29 | 13.22 | 113.13 | 13.47 | 133.79 | 7.0 | -3.58 | -1.69 | 26.74 | 0.0 | 1.4 | 12.61 | 0.0 | 21.72 | 12.5 | 0.0 | 6.66 | 20.78 | 7.89 | -31.15 | 45.89 | 3.43 | -12.19 | -10.65 | -11.17 | 17.12 | 10.13 | 4.65 | -41.55 | 0.07 | -8.75 | 19.22 |
| 22Q3 (12) | 35.92 | 23.95 | 36.73 | 73.49 | -16.8 | -32.09 | 5.6 | 574.7 | 239.39 | 0 | 0 | 0 | 89.21 | 1.97 | -7.88 | 1.42 | 283.78 | 305.71 | 54.81 | 12.29 | 7.39 | 14.56 | 14.57 | 9.18 | 68.04 | -24.45 | -34.76 | 40.92 | 4.36 | -12.82 | 99.7 | 34.93 | 87.79 | 7.26 | 2.25 | 0.0 | 26.74 | 0.22 | 2.41 | 12.61 | 0.0 | 21.72 | 12.5 | 0.0 | 6.66 | 19.26 | 6.94 | -35.0 | 44.37 | 2.9 | -14.19 | -9.58 | 11.62 | 26.02 | 9.68 | 35.01 | -41.97 | 0.08 | 14.31 | 30.84 |
| 22Q2 (11) | 28.98 | 13.87 | 8.01 | 88.33 | -7.69 | 7.97 | 0.83 | -21.7 | -61.75 | 0 | 0 | 0 | 87.49 | -10.68 | -17.71 | 0.37 | -92.14 | -97.49 | 48.81 | -7.64 | -11.22 | 12.71 | -3.12 | -13.91 | 90.06 | -17.9 | -21.33 | 39.21 | -6.44 | -13.29 | 73.89 | -8.42 | 16.84 | 7.1 | -0.42 | -1.8 | 26.68 | 0.0 | 3.65 | 12.61 | 21.72 | 36.03 | 12.5 | 6.66 | 14.78 | 18.01 | -48.4 | -54.15 | 43.12 | -24.31 | -27.46 | -10.84 | -27.53 | 18.8 | 7.17 | -72.84 | -72.35 | 0.07 | 6.8 | 7.07 |
| 22Q1 (10) | 25.45 | -18.43 | 19.71 | 95.69 | 6.92 | 63.41 | 1.06 | -24.82 | -72.75 | 0 | 0 | 0 | 97.95 | -3.8 | 7.68 | 4.71 | 788.68 | -31.24 | 52.85 | 2.2 | 9.6 | 13.12 | 0.43 | -7.14 | 109.7 | 20.78 | 7.81 | 41.91 | 5.14 | -11.28 | 80.68 | 66.73 | 9.93 | 7.13 | 0.14 | -4.42 | 26.68 | 1.18 | 7.28 | 10.36 | 0.0 | 11.76 | 11.72 | 0.0 | 7.62 | 34.9 | 15.64 | 42.27 | 56.97 | 9.01 | 27.48 | -8.5 | 33.85 | 39.54 | 26.4 | 52.34 | 152.15 | 0.06 | 7.02 | -4.51 |
| 21Q4 (9) | 31.2 | 18.77 | 12.31 | 89.5 | -17.3 | 42.7 | 1.41 | -14.55 | -46.99 | 0 | 0 | 0 | 101.82 | 5.14 | 14.87 | 0.53 | 51.43 | -83.07 | 51.71 | 1.31 | 37.82 | 13.06 | -2.06 | 12.18 | 90.83 | -12.91 | 31.73 | 39.86 | -15.08 | -10.45 | 48.39 | -8.85 | -15.73 | 7.12 | -1.93 | -6.44 | 26.37 | 1.0 | 11.55 | 10.36 | 0.0 | 11.76 | 11.72 | 0.0 | 7.62 | 30.18 | 1.86 | 70.6 | 52.26 | 1.06 | 38.07 | -12.85 | 0.77 | 2.58 | 17.33 | 3.9 | 285.11 | 0.06 | 0.14 | -14.9 |
| 21Q3 (8) | 26.27 | -2.09 | 21.62 | 108.22 | 32.28 | 114.47 | 1.65 | -23.96 | -26.01 | 0 | 0 | 0 | 96.84 | -8.92 | 11.89 | 0.35 | -97.63 | -88.33 | 51.04 | -7.17 | 23.34 | 13.33 | -9.66 | -1.76 | 104.29 | -8.9 | 83.22 | 46.94 | 3.8 | 1.36 | 53.09 | -16.05 | -23.71 | 7.26 | 0.41 | -13.37 | 26.11 | 1.44 | 14.72 | 10.36 | 11.76 | 11.76 | 11.72 | 7.62 | 7.62 | 29.63 | -24.57 | 96.88 | 51.71 | -13.0 | 46.86 | -12.95 | 3.0 | 5.82 | 16.68 | -35.67 | 1183.08 | 0.06 | -6.46 | -22.2 |
| 21Q2 (7) | 26.83 | 26.2 | 43.71 | 81.81 | 39.7 | 90.97 | 2.17 | -44.22 | 0 | 0 | 0 | 0 | 106.32 | 16.89 | 41.31 | 14.74 | 115.18 | 437.96 | 54.98 | 14.02 | 60.81 | 14.76 | 4.5 | 0 | 114.48 | 12.51 | 104.06 | 45.22 | -4.28 | 1.34 | 63.24 | -13.83 | -19.13 | 7.23 | -3.08 | -16.13 | 25.74 | 3.5 | 13.09 | 9.27 | 0.0 | 0.0 | 10.89 | 0.0 | 0.0 | 39.28 | 60.13 | 225.98 | 59.44 | 33.01 | 84.54 | -13.35 | 5.05 | 5.92 | 25.93 | 147.66 | 1311.68 | 0.06 | -4.75 | -20.57 |
| 21Q1 (6) | 21.26 | -23.47 | -19.16 | 58.56 | -6.63 | -5.67 | 3.89 | 46.24 | 411.84 | 0 | 0 | 0 | 90.96 | 2.62 | 26.61 | 6.85 | 118.85 | 47.63 | 48.22 | 28.52 | 54.85 | 14.12 | 21.32 | 0 | 101.75 | 47.57 | 28.31 | 47.24 | 6.13 | 16.27 | 73.39 | 27.81 | -6.5 | 7.46 | -1.97 | 32.74 | 24.87 | 5.2 | 9.32 | 9.27 | 0.0 | 4.63 | 10.89 | 0.0 | 32.48 | 24.53 | 38.67 | 38.82 | 44.69 | 18.07 | 28.6 | -14.06 | -6.6 | -8.24 | 10.47 | 132.67 | 123.72 | 0.07 | -4.62 | 524.74 |
| 20Q4 (5) | 27.78 | 28.61 | 30.24 | 62.72 | 24.3 | 91.1 | 2.66 | 19.28 | 192.31 | 0 | 0 | 0 | 88.64 | 2.41 | 24.42 | 3.13 | 4.33 | 225.2 | 37.52 | -9.33 | 24.2 | 11.64 | -14.22 | 0 | 68.95 | 21.13 | 40.34 | 44.51 | -3.89 | 8.88 | 57.42 | -17.49 | -28.58 | 7.61 | -9.19 | 33.04 | 23.64 | 3.87 | 5.63 | 9.27 | 0.0 | 4.63 | 10.89 | 0.0 | 32.48 | 17.69 | 17.54 | 35.76 | 37.85 | 7.5 | 25.71 | -13.19 | 4.07 | -21.12 | 4.5 | 246.15 | 110.28 | 0.07 | -8.45 | 319.01 |
| 20Q3 (4) | 21.6 | 15.69 | 0.0 | 50.46 | 17.79 | 0.0 | 2.23 | 0 | 0.0 | 0 | 0 | 0.0 | 86.55 | 15.03 | 0.0 | 3.0 | 9.49 | 0.0 | 41.38 | 21.03 | 0.0 | 13.57 | 0 | 0.0 | 56.92 | 1.46 | 0.0 | 46.31 | 3.79 | 0.0 | 69.59 | -11.01 | 0.0 | 8.38 | -2.78 | 0.0 | 22.76 | 0.0 | 0.0 | 9.27 | 0.0 | 0.0 | 10.89 | 0.0 | 0.0 | 15.05 | 24.9 | 0.0 | 35.21 | 9.31 | 0.0 | -13.75 | 3.1 | 0.0 | 1.3 | 160.75 | 0.0 | 0.08 | -4.5 | 0.0 |
