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) | 26.19 | -20.2 | 18.2 | 79.66 | 0 | 0 | 0 | 0 | 100.68 | -14.86 | 8.07 | -51.36 | 41.1 | -5.82 | 40.82 | 10.62 | 16.22 | -2.64 | 25.95 | 1.84 | 0 | 0 | 0 | 0 | 18.77 | 0.0 | 20.22 | 7.15 | 3.2 | -18.58 | 98.72 | 2.06 | 122.15 | 2.19 | -3.46 | 0 | 95.26 | 1.85 | 0.00 | 0 |
| 2022 (9) | 32.82 | -34.35 | 10.13 | 103.41 | 7.68 | 0 | 0 | 0 | 118.25 | -2.6 | 16.59 | 41.79 | 43.64 | -4.86 | 36.90 | -2.32 | 16.66 | -5.45 | 25.48 | 2398.04 | 0 | 0 | 0 | 0 | 18.77 | -2.49 | 18.87 | 6.61 | 3.93 | 19.45 | 96.73 | 7.67 | 119.53 | 7.85 | -3.2 | 0 | 93.53 | 8.87 | 0.00 | 0 |
| 2021 (8) | 49.99 | 193.02 | 4.98 | -56.28 | 0 | 0 | 0 | 0 | 121.41 | -20.3 | 11.7 | -30.07 | 45.87 | -22.91 | 37.78 | -3.27 | 17.62 | -0.51 | 1.02 | 59.38 | 6.92 | 0 | 0 | 0 | 19.25 | 0.26 | 17.7 | 10.42 | 3.29 | -20.91 | 89.84 | 3.73 | 110.83 | 3.77 | -3.93 | 0 | 85.91 | 3.11 | 0.00 | 0 |
| 2020 (7) | 17.06 | -11.28 | 11.39 | -2.57 | 0 | 0 | 0 | 0 | 152.33 | 28.89 | 16.73 | 28.89 | 59.5 | 16.44 | 39.06 | -9.66 | 17.71 | 3.08 | 0.64 | 146.15 | 0 | 0 | 0 | 0 | 19.2 | 5.9 | 16.03 | 8.83 | 4.16 | 53.51 | 86.61 | 13.54 | 106.8 | 13.96 | -3.29 | 0 | 83.32 | 15.53 | 0.00 | 0 |
| 2019 (6) | 19.23 | 86.52 | 11.69 | 15.29 | 0 | 0 | 0 | 0 | 118.19 | 22.54 | 12.98 | 8.98 | 51.1 | 32.62 | 43.24 | 8.23 | 17.18 | 20.56 | 0.26 | 0 | 0 | 0 | 0 | 0 | 18.13 | 1.45 | 14.73 | 8.79 | 2.71 | 67.28 | 76.28 | 10.26 | 93.72 | 11.13 | -4.16 | 0 | 72.12 | 8.5 | 0.00 | 0 |
| 2018 (5) | 10.31 | -38.78 | 10.14 | -41.25 | 0 | 0 | 0 | 0 | 96.45 | 11.43 | 11.91 | 62.48 | 38.53 | 25.75 | 39.95 | 12.86 | 14.25 | 56.42 | 0 | 0 | 0 | 0 | 0 | 0 | 17.87 | 0.0 | 13.54 | 5.7 | 1.62 | 11.72 | 69.18 | 16.37 | 84.33 | 14.42 | -2.71 | 0 | 66.47 | 14.94 | 0.00 | 0 |
| 2017 (4) | 16.84 | -9.46 | 17.26 | -6.85 | 0 | 0 | 0 | 0 | 86.56 | 6.8 | 7.33 | -33.12 | 30.64 | -6.3 | 35.40 | -12.26 | 9.11 | -1.3 | 1.46 | 35.19 | 0 | 0 | 0 | 0 | 17.87 | 0.0 | 12.81 | 9.39 | 1.45 | -3.33 | 59.45 | 6.35 | 73.7 | 6.64 | -1.62 | 0 | 57.83 | 5.11 | 0.00 | 0 |
| 2016 (3) | 18.6 | -23.93 | 18.53 | -20.3 | 0 | 0 | 0 | 0 | 81.05 | -4.13 | 10.96 | -32.05 | 32.7 | -5.79 | 40.35 | -1.73 | 9.23 | 23.73 | 1.08 | -41.3 | 0 | 0 | 0 | 0 | 17.87 | 0.0 | 11.71 | 15.94 | 1.5 | 0.0 | 55.9 | 11.38 | 69.11 | 11.86 | -0.88 | 0 | 55.02 | 5.3 | 0.00 | 0 |
| 2015 (2) | 24.45 | 11.44 | 23.25 | 172.25 | 0 | 0 | 0 | 0 | 84.54 | 6.93 | 16.13 | 41.99 | 34.71 | 15.93 | 41.06 | 8.42 | 7.46 | 6.42 | 1.84 | -35.21 | 0 | 0 | 0 | 0 | 17.87 | 0.0 | 10.1 | 12.72 | 1.5 | 0.0 | 50.19 | 28.13 | 61.78 | 24.48 | 2.06 | -20.16 | 52.25 | 25.15 | 0.00 | 0 |
| 2014 (1) | 21.94 | 16.52 | 8.54 | -7.78 | 0 | 0 | 0 | 0 | 79.06 | 1.78 | 11.36 | 29.98 | 29.94 | 3.63 | 37.87 | 1.83 | 7.01 | 9.53 | 2.84 | -1.73 | 0 | 0 | 0 | 0 | 17.87 | 1.59 | 8.96 | 10.75 | 1.5 | 0.0 | 39.17 | 14.87 | 49.63 | 13.62 | 2.58 | 239.47 | 41.75 | 19.76 | 0.00 | -34.99 |
| 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) | 29.07 | 61.59 | 23.7 | 8.33 | -48.23 | -41.09 | 0 | 0 | -100.0 | 0 | 0 | 0 | 36.68 | 5.4 | 28.61 | 3.34 | -18.54 | 11.33 | 55.93 | 8.9 | 35.92 | 42.93 | 2.08 | -0.53 | 22.86 | 7.58 | 50.1 | 25.73 | -0.46 | 1.78 | 7.28 | 0 | 0 | 0 | 0 | 0 | 19.57 | 4.26 | 4.26 | 21.05 | 0.0 | 4.1 | 3.46 | 0.0 | 8.12 | 103.61 | 3.33 | 7.1 | 128.12 | 2.68 | 6.62 | -1.86 | 16.22 | 27.91 | 101.75 | 3.77 | 8.06 | 0.00 | 0 | 0 |
| 24Q2 (19) | 17.99 | 37.85 | -26.96 | 16.09 | 0.56 | 17.27 | 0 | 0 | -100.0 | 0 | 0 | 0 | 34.8 | 20.46 | 48.46 | 4.1 | 30.16 | 108.12 | 51.36 | 18.61 | 57.79 | 42.05 | 7.58 | 29.69 | 21.25 | 12.97 | 40.82 | 25.85 | -0.31 | 2.01 | 0 | 0 | 0 | 0 | 0 | 0 | 18.77 | 0.0 | 0.0 | 21.05 | 4.1 | 4.1 | 3.46 | 8.12 | 8.12 | 100.27 | -1.64 | 6.97 | 124.78 | -0.47 | 6.5 | -2.22 | 10.84 | 40.32 | 98.05 | -1.41 | 8.92 | 0.00 | 0 | 0 |
| 24Q1 (18) | 13.05 | -50.17 | -48.82 | 16.0 | -12.09 | 87.57 | 0 | 0 | -100.0 | 0 | 0 | 0 | 28.89 | -3.44 | 53.67 | 3.15 | 71.2 | 150.0 | 43.3 | 5.35 | 38.38 | 39.09 | -4.24 | 33.81 | 18.81 | 15.97 | 19.2 | 25.93 | -0.08 | 2.09 | 0 | 0 | 0 | 0 | 0 | 0 | 18.77 | 0.0 | 0.0 | 20.22 | 0.0 | 7.15 | 3.2 | 0.0 | -18.58 | 101.94 | 3.26 | 4.04 | 125.37 | 2.64 | 3.8 | -2.49 | 28.03 | 18.63 | 99.45 | 4.4 | 4.77 | 0.00 | 0 | 0 |
| 23Q4 (17) | 26.19 | 11.45 | -20.2 | 18.2 | 28.71 | 79.66 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 29.92 | 4.91 | 21.68 | 1.84 | -38.67 | 14.29 | 41.1 | -0.12 | -5.82 | 40.82 | -5.41 | 10.61 | 16.22 | 6.5 | -2.64 | 25.95 | 2.65 | 1.84 | 0 | 0 | 0 | 0 | 0 | 0 | 18.77 | 0.0 | 0.0 | 20.22 | 0.0 | 7.15 | 3.2 | 0.0 | -18.58 | 98.72 | 2.05 | 2.06 | 122.15 | 1.65 | 2.19 | -3.46 | -34.11 | -8.12 | 95.26 | 1.17 | 1.85 | 0.00 | 0 | 0 |
| 23Q3 (16) | 23.5 | -4.59 | -29.81 | 14.14 | 3.06 | 34.92 | 8.07 | 3.59 | 0 | 0 | 0 | 0 | 28.52 | 21.67 | -14.99 | 3.0 | 52.28 | -59.84 | 41.15 | 26.42 | -24.45 | 43.16 | 33.09 | 0.83 | 15.23 | 0.93 | -13.81 | 25.28 | -0.24 | -1.17 | 0 | 0 | -100.0 | 0 | 0 | 0 | 18.77 | 0.0 | -2.49 | 20.22 | 0.0 | 7.15 | 3.2 | 0.0 | -18.58 | 96.74 | 3.2 | -1.49 | 120.17 | 2.57 | -0.69 | -2.58 | 30.65 | -11.21 | 94.16 | 4.6 | -1.79 | 0.00 | 0 | 0 |
| 23Q2 (15) | 24.63 | -3.41 | -16.71 | 13.72 | 60.84 | 119.87 | 7.79 | 2.37 | 0 | 0 | 0 | 0 | 23.44 | 24.68 | -22.31 | 1.97 | 56.35 | -53.43 | 32.55 | 4.03 | -28.59 | 32.43 | 11.0 | -13.78 | 15.09 | -4.37 | -24.28 | 25.34 | -0.24 | -0.9 | 0 | 0 | -100.0 | 0 | 0 | 0 | 18.77 | 0.0 | -2.49 | 20.22 | 7.15 | 7.15 | 3.2 | -18.58 | -18.58 | 93.74 | -4.33 | 3.32 | 117.16 | -3.0 | 3.2 | -3.72 | -21.57 | -15.89 | 90.02 | -5.16 | 2.86 | 0.00 | 0 | 0 |
| 23Q1 (14) | 25.5 | -22.3 | -26.58 | 8.53 | -15.79 | -8.28 | 7.61 | -0.91 | 0 | 0 | 0 | 0 | 18.8 | -23.55 | -37.19 | 1.26 | -21.74 | -61.59 | 31.29 | -28.3 | -36.76 | 29.21 | -20.85 | -29.21 | 15.78 | -5.28 | -5.68 | 25.4 | -0.31 | -0.78 | 0 | 0 | -100.0 | 0 | 0 | 0 | 18.77 | 0.0 | -2.49 | 18.87 | 0.0 | 6.61 | 3.93 | 0.0 | 19.45 | 97.98 | 1.29 | 5.21 | 120.78 | 1.05 | 5.85 | -3.06 | 4.38 | -20.47 | 94.92 | 1.49 | 4.78 | 0.00 | 0 | 0 |
| 22Q4 (13) | 32.82 | -1.97 | -34.35 | 10.13 | -3.34 | 103.41 | 7.68 | 0 | 0 | 0 | 0 | 0 | 24.59 | -26.71 | -26.84 | 1.61 | -78.45 | -47.56 | 43.64 | -19.88 | -4.86 | 36.91 | -13.77 | -2.31 | 16.66 | -5.72 | -5.45 | 25.48 | -0.39 | 2398.04 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 18.77 | -2.49 | -2.49 | 18.87 | 0.0 | 6.61 | 3.93 | 0.0 | 19.45 | 96.73 | -1.5 | 7.67 | 119.53 | -1.21 | 7.85 | -3.2 | -37.93 | 18.58 | 93.53 | -2.45 | 8.87 | 0.00 | 0 | 0 |
| 22Q3 (12) | 33.48 | 13.22 | 122.9 | 10.48 | 67.95 | 39.36 | 0 | 0 | 0 | 0 | 0 | 0 | 33.55 | 11.2 | 22.04 | 7.47 | 76.6 | 227.63 | 54.47 | 19.5 | 42.52 | 42.80 | 13.81 | 46.5 | 17.67 | -11.34 | 12.84 | 25.58 | 0.04 | 2383.5 | 7.94 | 6.86 | 0 | 0 | 0 | 0 | 19.25 | 0.0 | 0.0 | 18.87 | 0.0 | 6.61 | 3.93 | 0.0 | 19.45 | 98.2 | 8.23 | 13.2 | 121.0 | 6.58 | 12.31 | -2.32 | 27.73 | 44.63 | 95.88 | 9.55 | 16.13 | 0.00 | 0 | 0 |
| 22Q2 (11) | 29.57 | -14.86 | 56.87 | 6.24 | -32.9 | -46.67 | 0 | 0 | 0 | 0 | 0 | 0 | 30.17 | 0.8 | 4.47 | 4.23 | 28.96 | 24.78 | 45.58 | -7.88 | 12.65 | 37.61 | -8.86 | 38.07 | 19.93 | 19.13 | 17.93 | 25.57 | -0.12 | 2358.65 | 7.43 | 3.77 | 0 | 0 | 0 | 0 | 19.25 | 0.0 | 0.0 | 18.87 | 6.61 | 17.72 | 3.93 | 19.45 | -5.53 | 90.73 | -2.58 | -2.39 | 113.53 | -0.51 | 0.34 | -3.21 | -26.38 | 23.21 | 87.52 | -3.39 | -1.41 | 0.00 | 0 | 0 |
| 22Q1 (10) | 34.73 | -30.53 | 120.09 | 9.3 | 86.75 | -4.12 | 0 | 0 | 0 | 0 | 0 | 0 | 29.93 | -10.95 | -4.77 | 3.28 | 6.84 | 11.19 | 49.48 | 7.87 | 0.45 | 41.26 | 9.22 | 31.78 | 16.73 | -5.05 | -9.22 | 25.6 | 2409.8 | 2315.09 | 7.16 | 3.47 | 0 | 0 | 0 | 0 | 19.25 | 0.0 | 0.05 | 17.7 | 0.0 | 10.42 | 3.29 | 0.0 | -20.91 | 93.13 | 3.66 | 3.99 | 114.11 | 2.96 | 3.97 | -2.54 | 35.37 | 26.8 | 90.59 | 5.45 | 5.23 | 0.00 | 0 | 0 |
| 21Q4 (9) | 49.99 | 232.82 | 193.02 | 4.98 | -33.78 | -56.28 | 0 | 0 | 0 | 0 | 0 | 0 | 33.61 | 22.26 | -21.87 | 3.07 | 34.65 | -40.96 | 45.87 | 20.02 | -22.91 | 37.78 | 29.32 | -3.27 | 17.62 | 12.52 | -0.51 | 1.02 | -0.97 | 59.38 | 6.92 | 0 | 0 | 0 | 0 | 0 | 19.25 | 0.0 | 0.26 | 17.7 | 0.0 | 10.42 | 3.29 | 0.0 | -20.91 | 89.84 | 3.56 | 3.73 | 110.83 | 2.87 | 3.77 | -3.93 | 6.21 | -19.45 | 85.91 | 4.06 | 3.11 | 0.00 | 0 | 0 |
| 21Q3 (8) | 15.02 | -20.32 | -34.18 | 7.52 | -35.73 | -48.32 | 0 | 0 | 0 | 0 | 0 | 0 | 27.49 | -4.81 | -39.19 | 2.28 | -32.74 | -57.38 | 38.22 | -5.54 | -34.64 | 29.22 | 7.26 | -25.73 | 15.66 | -7.34 | -9.16 | 1.03 | -0.96 | 58.46 | 0 | 0 | 0 | 0 | 0 | 0 | 19.25 | 0.0 | 0.31 | 17.7 | 10.42 | 10.42 | 3.29 | -20.91 | -20.91 | 86.75 | -6.67 | 6.53 | 107.74 | -4.77 | 6.03 | -4.19 | -0.24 | 8.71 | 82.56 | -7.0 | 7.44 | 0.00 | 0 | 0 |
| 21Q2 (7) | 18.85 | 19.46 | 3.46 | 11.7 | 20.62 | -28.22 | 0 | 0 | 0 | 0 | 0 | 0 | 28.88 | -8.11 | -23.31 | 3.39 | 14.92 | -6.09 | 40.46 | -17.86 | -17.43 | 27.24 | -13.01 | 0 | 16.9 | -8.3 | -0.65 | 1.04 | -1.89 | 300.0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.25 | 0.05 | 5.89 | 16.03 | 0.0 | 0.0 | 4.16 | 0.0 | 0.0 | 92.95 | 3.79 | 22.19 | 113.14 | 3.09 | 17.54 | -4.18 | -20.46 | 21.28 | 88.77 | 3.11 | 25.45 | 0.00 | 0 | 0 |
| 21Q1 (6) | 15.78 | -7.5 | -22.38 | 9.7 | -14.84 | -41.64 | 0 | 0 | 0 | 0 | 0 | 0 | 31.43 | -26.94 | 18.87 | 2.95 | -43.27 | 14.79 | 49.26 | -17.21 | 9.91 | 31.31 | -19.84 | 0 | 18.43 | 4.07 | -6.45 | 1.06 | 65.62 | 292.59 | 0 | 0 | 0 | 0 | 0 | 0 | 19.24 | 0.21 | 5.83 | 16.03 | 0.0 | 8.83 | 4.16 | 0.0 | 53.51 | 89.56 | 3.41 | 13.58 | 109.75 | 2.76 | 13.99 | -3.47 | -5.47 | 22.89 | 86.09 | 3.32 | 15.79 | 0.00 | 0 | 0 |
| 20Q4 (5) | 17.06 | -25.24 | -11.28 | 11.39 | -21.72 | -2.57 | 0 | 0 | 0 | 0 | 0 | 0 | 43.02 | -4.84 | 9.33 | 5.2 | -2.8 | 27.14 | 59.5 | 1.74 | 16.44 | 39.06 | -0.71 | 0 | 17.71 | 2.73 | 3.08 | 0.64 | -1.54 | 146.15 | 0 | 0 | 0 | 0 | 0 | 0 | 19.2 | 0.05 | 5.9 | 16.03 | 0.0 | 8.83 | 4.16 | 0.0 | 53.51 | 86.61 | 6.36 | 13.54 | 106.8 | 5.11 | 13.96 | -3.29 | 28.32 | 20.91 | 83.32 | 8.43 | 15.53 | 0.00 | 0 | 0 |
| 20Q3 (4) | 22.82 | 25.25 | 0.0 | 14.55 | -10.74 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 45.21 | 20.05 | 0.0 | 5.35 | 48.2 | 0.0 | 58.48 | 19.35 | 0.0 | 39.34 | 0 | 0.0 | 17.24 | 1.35 | 0.0 | 0.65 | 150.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 19.19 | 5.56 | 0.0 | 16.03 | 0.0 | 0.0 | 4.16 | 0.0 | 0.0 | 81.43 | 7.05 | 0.0 | 101.61 | 5.56 | 0.0 | -4.59 | 13.56 | 0.0 | 76.84 | 8.59 | 0.0 | 0.00 | 0 | 0.0 |
