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) | 69.56 | -18.59 | 0.35 | -91.63 | 0.65 | -96.54 | 0 | 0 | 130.51 | -12.07 | 19.9 | -14.22 | 7.83 | -19.94 | 6.00 | -8.95 | 26.2 | -31.18 | 1.26 | 12.5 | 34.37 | 128.22 | 0 | 0 | 9.74 | 0.31 | 9.43 | 32.26 | 0.06 | 0.0 | 55.87 | 8.13 | 65.36 | 11.04 | 0.4 | 14.29 | 56.27 | 8.17 | 0.00 | 0 |
| 2022 (9) | 85.44 | 68.59 | 4.18 | 89.14 | 18.8 | 0 | 0 | 0 | 148.43 | 21.21 | 23.2 | 55.81 | 9.78 | -42.5 | 6.59 | -52.56 | 38.07 | 32.88 | 1.12 | 194.74 | 15.06 | -35.17 | 0 | 0 | 9.71 | 10.47 | 7.13 | 27.78 | 0.06 | 0.0 | 51.67 | 33.76 | 58.86 | 32.93 | 0.35 | -37.5 | 52.02 | 32.74 | 0.00 | 0 |
| 2021 (8) | 50.68 | -19.34 | 2.21 | 0 | 0 | 0 | 0 | 0 | 122.46 | 23.17 | 14.89 | 20.66 | 17.01 | 79.24 | 13.89 | 45.52 | 28.65 | 64.75 | 0.38 | -29.63 | 23.23 | 19.37 | 0 | 0 | 8.79 | 6.03 | 5.58 | 28.28 | 0.06 | 0.0 | 38.63 | 26.66 | 44.28 | 26.84 | 0.56 | -48.62 | 39.19 | 24.06 | 0.01 | 32.8 |
| 2020 (7) | 62.83 | 110.91 | 0 | 0 | 9.74 | 0 | 0 | 0 | 99.42 | 36.08 | 12.34 | 90.14 | 9.49 | -25.92 | 9.55 | -45.56 | 17.39 | 22.98 | 0.54 | 17.39 | 19.46 | 97.76 | 0 | 0 | 8.29 | 0.24 | 4.35 | 17.25 | 0.06 | 0 | 30.5 | 37.82 | 34.91 | 35.1 | 1.09 | 0 | 31.59 | 43.14 | 0.01 | 3.07 |
| 2019 (6) | 29.79 | -8.79 | 0.9 | -75.68 | 0 | 0 | 0 | 0 | 73.06 | -21.48 | 6.49 | -44.2 | 12.81 | 17.31 | 17.53 | 49.4 | 14.14 | -9.82 | 0.46 | -4.17 | 9.84 | 1.55 | 0 | 0 | 8.27 | 0.0 | 3.71 | 45.49 | 0 | 0 | 22.13 | -2.55 | 25.84 | 2.34 | -0.06 | 0 | 22.07 | -5.12 | 0.01 | 0 |
| 2018 (5) | 32.66 | 114.73 | 3.7 | 42.86 | 0 | 0 | 0 | 0 | 93.05 | 13.92 | 11.63 | 8.39 | 10.92 | -38.69 | 11.74 | -46.18 | 15.68 | -11.16 | 0.48 | -5.88 | 9.69 | 0 | 0 | 0 | 8.27 | 4.95 | 2.55 | 73.47 | 0 | 0 | 22.71 | 31.58 | 25.25 | 34.74 | 0.55 | -69.78 | 23.26 | 21.91 | 0.00 | 0 |
| 2017 (4) | 15.21 | 5.85 | 2.59 | 56.02 | 0 | 0 | 0 | 0 | 81.68 | 4.21 | 10.73 | 67.13 | 17.81 | 22.83 | 21.80 | 17.87 | 17.65 | 93.11 | 0.51 | -25.0 | 0 | 0 | 0 | 0 | 7.88 | 5.07 | 1.47 | 77.11 | 0 | 0 | 17.26 | 63.6 | 18.74 | 64.67 | 1.82 | 17.42 | 19.08 | 57.69 | 0.00 | 0 |
| 2016 (3) | 14.37 | -3.69 | 1.66 | -37.36 | 0 | 0 | 0 | 0 | 78.38 | 44.91 | 6.42 | 24.66 | 14.5 | 80.8 | 18.50 | 24.77 | 9.14 | 26.24 | 0.68 | -4.23 | 0 | 0 | 0 | 0 | 7.5 | 10.29 | 0.83 | 159.38 | 0 | 0 | 10.55 | 42.76 | 11.38 | 47.6 | 1.55 | -41.51 | 12.1 | 20.52 | 0.00 | 0 |
| 2015 (2) | 14.92 | 164.54 | 2.65 | -42.52 | 0 | 0 | 0 | 0 | 54.09 | 17.51 | 5.15 | 59.44 | 8.02 | -0.74 | 14.83 | -15.53 | 7.24 | 7.74 | 0.71 | -13.41 | 0 | 0 | 0 | 0 | 6.8 | 13.33 | 0.32 | 0 | 0 | 0 | 7.39 | 133.86 | 7.71 | 143.99 | 2.65 | -43.01 | 10.04 | 28.55 | 0.00 | 0 |
| 2014 (1) | 5.64 | 22.34 | 4.61 | 120.57 | 0 | 0 | 0 | 0 | 46.03 | 86.43 | 3.23 | 651.16 | 8.08 | 22.42 | 17.55 | -34.33 | 6.72 | 36.59 | 0.82 | 3.8 | 0 | 0 | 0 | 0 | 6.0 | 0.0 | 0 | 0 | 0 | 0 | 3.16 | 0 | 3.16 | 0 | 4.65 | -10.06 | 7.81 | 228.15 | 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) | 66.61 | -12.02 | 31.98 | 0.35 | -36.36 | -25.53 | 2.54 | 27.0 | -87.86 | 0 | 0 | 0 | 46.12 | 23.95 | 54.92 | 5.82 | -16.38 | 23.04 | 17.03 | 15.69 | 97.56 | 11.33 | 3.11 | 82.03 | 34.49 | 15.58 | 23.58 | 1.38 | -2.13 | 3.76 | 20.79 | -13.56 | 48.29 | 0 | 0 | 0 | 10.6 | 2.12 | 9.05 | 11.42 | 0.0 | 21.1 | 0.06 | 0.0 | 0.0 | 61.34 | 10.5 | 20.68 | 72.82 | 8.7 | 20.72 | 4.03 | 233.06 | 363.22 | 65.37 | 15.25 | 26.44 | 0.00 | 0 | 0 |
| 24Q2 (19) | 75.71 | 12.38 | 31.53 | 0.55 | 17.02 | -86.52 | 2.0 | 51.52 | -90.11 | 0 | 0 | 0 | 37.21 | 12.01 | 13.03 | 6.96 | 27.71 | 14.29 | 14.72 | 31.19 | 60.17 | 10.99 | 26.99 | 78.47 | 29.84 | 15.35 | 2.75 | 1.41 | -2.76 | 3.68 | 24.05 | -9.59 | 68.65 | 0 | 0 | 0 | 10.38 | 1.07 | 6.79 | 11.42 | 0.0 | 21.1 | 0.06 | 0.0 | 0.0 | 55.51 | 14.38 | 20.44 | 66.99 | 11.61 | 20.51 | 1.21 | 128.3 | 357.45 | 56.72 | 15.61 | 24.33 | 0.00 | 0 | 0 |
| 24Q1 (18) | 67.37 | -3.15 | -14.73 | 0.47 | 34.29 | -81.92 | 1.32 | 103.08 | -93.23 | 0 | 0 | 0 | 33.22 | -1.72 | -2.38 | 5.45 | 7.92 | 35.24 | 11.22 | 43.3 | 4.37 | 8.65 | 44.19 | 19.38 | 25.87 | -1.26 | -25.58 | 1.45 | 15.08 | 4.32 | 26.6 | -22.61 | 80.34 | 0 | 0 | 0 | 10.27 | 5.44 | 5.66 | 11.42 | 21.1 | 21.1 | 0.06 | 0.0 | 0.0 | 48.53 | -13.14 | 21.32 | 60.02 | -8.17 | 21.25 | 0.53 | 32.5 | -22.06 | 49.06 | -12.81 | 20.6 | 0.00 | 0 | 0 |
| 23Q4 (17) | 69.56 | 37.82 | -18.59 | 0.35 | -25.53 | -91.63 | 0.65 | -96.89 | -96.54 | 0 | 0 | 0 | 33.8 | 13.54 | -19.16 | 5.05 | 6.77 | 21.1 | 7.83 | -9.16 | -19.94 | 6.00 | -3.59 | -8.95 | 26.2 | -6.13 | -31.18 | 1.26 | -5.26 | 12.5 | 34.37 | 145.15 | 128.22 | 0 | 0 | 0 | 9.74 | 0.21 | 0.31 | 9.43 | 0.0 | 32.26 | 0.06 | 0.0 | 0.0 | 55.87 | 9.92 | 8.13 | 65.36 | 8.36 | 11.04 | 0.4 | -54.02 | 14.29 | 56.27 | 8.84 | 8.17 | 0.00 | 0 | 0 |
| 23Q3 (16) | 50.47 | -12.32 | -41.25 | 0.47 | -88.48 | -93.91 | 20.92 | 3.41 | 0 | 0 | 0 | 0 | 29.77 | -9.57 | -26.58 | 4.73 | -22.33 | -39.9 | 8.62 | -6.2 | -37.81 | 6.22 | 1.1 | -37.04 | 27.91 | -3.89 | -31.24 | 1.33 | -2.21 | 13.68 | 14.02 | -1.68 | -56.21 | 0 | 0 | 0 | 9.72 | 0.0 | 0.41 | 9.43 | 0.0 | 32.26 | 0.06 | 0.0 | 0.0 | 50.83 | 10.28 | 7.21 | 60.32 | 8.51 | 10.46 | 0.87 | 285.11 | -29.27 | 51.7 | 13.33 | 6.29 | 0.00 | 0 | -100.0 |
| 23Q2 (15) | 57.56 | -27.15 | -29.49 | 4.08 | 56.92 | -35.03 | 20.23 | 3.69 | 0 | 0 | 0 | 0 | 32.92 | -3.26 | 2.97 | 6.09 | 51.12 | 3.05 | 9.19 | -14.51 | -21.92 | 6.15 | -15.06 | -31.23 | 29.04 | -16.46 | -25.75 | 1.36 | -2.16 | 43.16 | 14.26 | -3.32 | -49.41 | 0 | 0 | 0 | 9.72 | 0.0 | 0.62 | 9.43 | 0.0 | 32.26 | 0.06 | 0.0 | 0.0 | 46.09 | 15.22 | 15.69 | 55.59 | 12.3 | 18.2 | -0.47 | -169.12 | -151.09 | 45.62 | 12.14 | 11.92 | 0.00 | 0 | -100.0 |
| 23Q1 (14) | 79.01 | -7.53 | 34.33 | 2.6 | -37.8 | -55.25 | 19.51 | 3.78 | 0 | 0 | 0 | 0 | 34.03 | -18.61 | -0.21 | 4.03 | -3.36 | -23.09 | 10.75 | 9.92 | -10.04 | 7.25 | 9.97 | -21.42 | 34.76 | -8.69 | 1.13 | 1.39 | 24.11 | 275.68 | 14.75 | -2.06 | -39.43 | 0 | 0 | 0 | 9.72 | 0.1 | 9.83 | 9.43 | 32.26 | 32.26 | 0.06 | 0.0 | 0.0 | 40.0 | -22.59 | 17.92 | 49.5 | -15.9 | 20.38 | 0.68 | 94.29 | -65.83 | 40.68 | -21.8 | 13.28 | 0.00 | 0 | -100.0 |
| 22Q4 (13) | 85.44 | -0.54 | 68.59 | 4.18 | -45.85 | 89.14 | 18.8 | 0 | 0 | 0 | 0 | 0 | 41.81 | 3.11 | 24.4 | 4.17 | -47.01 | 15.83 | 9.78 | -29.44 | -42.5 | 6.59 | -33.34 | -52.56 | 38.07 | -6.21 | 32.88 | 1.12 | -4.27 | 194.74 | 15.06 | -52.97 | -35.17 | 0 | 0 | 0 | 9.71 | 0.31 | 10.47 | 7.13 | 0.0 | 27.78 | 0.06 | 0.0 | 0.0 | 51.67 | 8.99 | 33.76 | 58.86 | 7.78 | 32.93 | 0.35 | -71.54 | -37.5 | 52.02 | 6.95 | 32.74 | 0.00 | -100.0 | -100.0 |
| 22Q3 (12) | 85.9 | 5.23 | 32.79 | 7.72 | 22.93 | 559.83 | 0 | 0 | 0 | 0 | 0 | 0 | 40.55 | 26.84 | 27.44 | 7.87 | 33.16 | 83.45 | 13.86 | 17.76 | -14.13 | 9.88 | 10.43 | -30.01 | 40.59 | 3.78 | 84.58 | 1.17 | 23.16 | 172.09 | 32.02 | 13.59 | 49.35 | 0 | 0 | 0 | 9.68 | 0.21 | 10.25 | 7.13 | 0.0 | 27.78 | 0.06 | 0.0 | 0.0 | 47.41 | 19.0 | 35.23 | 54.61 | 16.12 | 34.14 | 1.23 | 33.7 | 400.0 | 48.64 | 19.33 | 40.38 | 0.00 | -98.67 | -98.9 |
| 22Q2 (11) | 81.63 | 38.78 | 22.57 | 6.28 | 8.09 | 436.75 | 0 | 0 | 0 | 0 | 0 | 0 | 31.97 | -6.25 | 6.35 | 5.91 | 12.79 | 47.38 | 11.77 | -1.51 | -11.1 | 8.95 | -2.94 | -26.3 | 39.11 | 13.79 | 98.33 | 0.95 | 156.76 | 102.13 | 28.19 | 15.77 | 36.18 | 0 | 0 | 0 | 9.66 | 9.15 | 10.15 | 7.13 | 0.0 | 27.78 | 0.06 | 0.0 | 0.0 | 39.84 | 17.45 | 29.43 | 47.03 | 14.37 | 29.13 | 0.92 | -53.77 | 866.67 | 40.76 | 13.51 | 32.94 | 0.01 | -26.98 | -10.14 |
| 22Q1 (10) | 58.82 | 16.06 | -7.88 | 5.81 | 162.9 | 384.17 | 0 | 0 | 0 | 0 | 0 | 0 | 34.1 | 1.46 | 26.44 | 5.24 | 45.56 | 75.25 | 11.95 | -29.75 | 6.32 | 9.22 | -33.61 | -13.43 | 34.37 | 19.97 | 88.23 | 0.37 | -2.63 | -27.45 | 24.35 | 4.82 | 21.26 | 0 | 0 | 0 | 8.85 | 0.68 | 0.91 | 7.13 | 27.78 | 27.78 | 0.06 | 0.0 | 0.0 | 33.92 | -12.19 | 27.38 | 41.12 | -7.14 | 27.39 | 1.99 | 255.36 | 145.68 | 35.91 | -8.37 | 30.87 | 0.01 | 11.07 | 37.45 |
| 21Q4 (9) | 50.68 | -21.66 | -19.34 | 2.21 | 88.89 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 33.61 | 5.63 | 32.06 | 3.6 | -16.08 | 29.96 | 17.01 | 5.39 | 79.24 | 13.89 | -1.63 | 45.52 | 28.65 | 30.29 | 64.75 | 0.38 | -11.63 | -29.63 | 23.23 | 8.35 | 19.37 | 0 | 0 | 0 | 8.79 | 0.11 | 6.03 | 5.58 | 0.0 | 28.28 | 0.06 | 0.0 | 0.0 | 38.63 | 10.18 | 26.66 | 44.28 | 8.77 | 26.84 | 0.56 | 236.59 | -48.62 | 39.19 | 13.1 | 24.06 | 0.01 | 2.7 | 32.8 |
| 21Q3 (8) | 64.69 | -2.87 | 87.34 | 1.17 | 0.0 | 160.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 31.82 | 5.85 | 19.89 | 4.29 | 6.98 | 28.83 | 16.14 | 21.9 | 50.98 | 14.12 | 16.27 | 27.85 | 21.99 | 11.51 | 30.04 | 0.43 | -8.51 | -28.33 | 21.44 | 3.57 | 10620.0 | 0 | 0 | 0 | 8.78 | 0.11 | 4.9 | 5.58 | 0.0 | 28.28 | 0.06 | 0.0 | 0.0 | 35.06 | 13.91 | 26.62 | 40.71 | 11.78 | 26.82 | -0.41 | -241.67 | -4200.0 | 34.65 | 13.01 | 25.09 | 0.01 | 7.88 | 59.61 |
| 21Q2 (7) | 66.6 | 4.31 | 93.16 | 1.17 | -2.5 | 154.35 | 0 | 0 | -100.0 | 0 | 0 | 0 | 30.06 | 11.46 | 13.18 | 4.01 | 34.11 | 3.62 | 13.24 | 17.79 | 18.0 | 12.14 | 14.01 | 0 | 19.72 | 8.0 | 3.25 | 0.47 | -7.84 | 9.3 | 20.7 | 3.09 | 0 | 0 | 0 | 0 | 8.77 | 0.0 | 6.05 | 5.58 | 0.0 | 28.28 | 0.06 | 0.0 | 0.0 | 30.78 | 15.58 | 26.35 | 36.42 | 12.83 | 26.59 | -0.12 | -114.81 | 79.31 | 30.66 | 11.73 | 28.93 | 0.01 | 11.7 | 35.81 |
| 21Q1 (6) | 63.85 | 1.62 | 97.25 | 1.2 | 0 | 31.87 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 26.97 | 5.97 | 29.23 | 2.99 | 7.94 | 26.69 | 11.24 | 18.44 | -5.86 | 10.65 | 11.59 | 0 | 18.26 | 5.0 | 10.07 | 0.51 | -5.56 | 13.33 | 20.08 | 3.19 | 0 | 0 | 0 | 0 | 8.77 | 5.79 | 6.05 | 5.58 | 28.28 | 28.28 | 0.06 | 0.0 | 0.0 | 26.63 | -12.69 | 29.97 | 32.28 | -7.53 | 29.64 | 0.81 | -25.69 | 224.62 | 27.44 | -13.14 | 38.31 | 0.01 | 7.31 | 6.95 |
| 20Q4 (5) | 62.83 | 81.96 | 110.91 | 0 | -100.0 | -100.0 | 9.74 | -2.11 | 0 | 0 | 0 | 0 | 25.45 | -4.11 | 11.52 | 2.77 | -16.82 | 1.09 | 9.49 | -11.23 | -25.92 | 9.55 | -13.57 | 0 | 17.39 | 2.84 | 22.98 | 0.54 | -10.0 | 17.39 | 19.46 | 9630.0 | 97.76 | 0 | 0 | 0 | 8.29 | -0.96 | 0.24 | 4.35 | 0.0 | 17.25 | 0.06 | 0.0 | 0 | 30.5 | 10.15 | 37.82 | 34.91 | 8.75 | 35.1 | 1.09 | 10800.0 | 1916.67 | 31.59 | 14.04 | 43.14 | 0.01 | 23.43 | 3.07 |
| 20Q3 (4) | 34.53 | 0.15 | 0.0 | 0.45 | -2.17 | 0.0 | 9.95 | 0.4 | 0.0 | 0 | 0 | 0.0 | 26.54 | -0.08 | 0.0 | 3.33 | -13.95 | 0.0 | 10.69 | -4.72 | 0.0 | 11.04 | 0 | 0.0 | 16.91 | -11.47 | 0.0 | 0.6 | 39.53 | 0.0 | 0.2 | 0 | 0.0 | 0 | 0 | 0.0 | 8.37 | 1.21 | 0.0 | 4.35 | 0.0 | 0.0 | 0.06 | 0.0 | 0.0 | 27.69 | 13.67 | 0.0 | 32.1 | 11.57 | 0.0 | 0.01 | 101.72 | 0.0 | 27.7 | 16.48 | 0.0 | 0.01 | -8.21 | 0.0 |
