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) | 46.61 | 14.18 | 2.97 | -31.09 | 0 | 0 | 0 | 0 | 69.12 | 22.34 | 6.5 | 14.24 | 7.87 | -8.49 | 11.39 | -25.2 | 96.31 | 82.61 | 4.23 | -14.55 | 0 | 0 | 0.01 | 0.0 | 8.03 | -0.99 | 3.75 | 17.92 | 0.33 | 135.71 | 20.66 | 15.23 | 24.75 | 16.42 | 0.25 | 0 | 20.91 | 18.81 | 0.00 | 0 |
| 2022 (9) | 40.82 | 89.6 | 4.31 | 75.92 | 0 | 0 | 0 | 0 | 56.5 | 20.62 | 5.69 | 35.48 | 8.6 | -18.87 | 15.22 | -32.74 | 52.74 | 123.76 | 4.95 | 8.55 | 0 | 0 | 0.01 | 0.0 | 8.11 | 0.0 | 3.18 | 15.22 | 0.14 | 16.67 | 17.93 | 22.06 | 21.26 | 21.0 | -0.33 | 0 | 17.6 | 20.96 | 0.00 | 0 |
| 2021 (8) | 21.53 | 124.74 | 2.45 | 10.36 | 0 | 0 | 0 | 0 | 46.84 | 30.84 | 4.2 | 37.7 | 10.6 | 36.77 | 22.63 | 4.54 | 23.57 | 170.92 | 4.56 | -12.81 | 0 | 0 | 0.01 | -50.0 | 8.11 | 0.0 | 2.76 | 12.2 | 0.12 | -7.69 | 14.69 | 19.82 | 17.57 | 18.32 | -0.14 | 0 | 14.55 | 19.85 | 0.00 | 0 |
| 2020 (7) | 9.58 | 51.82 | 2.22 | 0 | 0 | 0 | 0 | 0 | 35.8 | -9.34 | 3.05 | -5.57 | 7.75 | 19.05 | 21.65 | 31.32 | 8.7 | 23.06 | 5.23 | 1767.86 | 0 | 0 | 0.02 | 0.0 | 8.11 | 0.0 | 2.46 | 15.49 | 0.13 | 160.0 | 12.26 | 9.37 | 14.85 | 10.9 | -0.12 | 0 | 12.14 | 9.57 | 0.00 | 0 |
| 2019 (6) | 6.31 | -9.6 | 0 | 0 | 0 | 0 | 0 | 0 | 39.49 | -0.98 | 3.23 | -22.73 | 6.51 | -25.6 | 16.49 | -24.87 | 7.07 | -0.42 | 0.28 | 27.27 | 0 | 0 | 0.02 | 0.0 | 8.11 | 0.0 | 2.13 | 23.84 | 0.05 | -28.57 | 11.21 | 8.0 | 13.39 | 10.12 | -0.13 | 0 | 11.08 | 7.26 | 0.00 | 0 |
| 2018 (5) | 6.98 | -3.99 | 0.16 | 0 | 0 | 0 | 0 | 0 | 39.88 | 12.69 | 4.18 | 27.44 | 8.75 | 3.55 | 21.94 | -8.11 | 7.1 | 74.45 | 0.22 | 340.0 | 0 | 0 | 0.02 | -33.33 | 8.11 | 0.0 | 1.72 | 23.74 | 0.07 | 0 | 10.38 | 26.28 | 12.16 | 26.53 | -0.05 | 0 | 10.33 | 26.75 | 0.00 | 0 |
| 2017 (4) | 7.27 | 36.4 | 0 | 0 | 0 | 0 | 0 | 0 | 35.39 | 1.26 | 3.28 | 12.33 | 8.45 | 30.2 | 23.88 | 28.58 | 4.07 | -37.48 | 0.05 | 66.67 | 3.0 | 50.0 | 0.03 | 0.0 | 8.11 | 0.0 | 1.39 | 27.52 | 0 | 0 | 8.22 | 19.3 | 9.61 | 20.43 | -0.07 | 0 | 8.15 | 17.27 | 0.00 | 0 |
| 2016 (3) | 5.33 | 75.33 | 1.57 | -53.27 | 0 | 0 | 0 | 0 | 34.95 | 18.8 | 2.92 | 239.53 | 6.49 | -10.61 | 18.57 | -24.75 | 6.51 | -17.39 | 0.03 | -50.0 | 2.0 | -54.55 | 0.03 | 0 | 8.11 | 0.0 | 1.09 | 7.92 | 0 | 0 | 6.89 | 41.48 | 7.98 | 35.95 | 0.06 | -62.5 | 6.95 | 38.17 | 0.00 | 0 |
| 2015 (2) | 3.04 | -12.64 | 3.36 | 103.64 | 0 | 0 | 0 | 0 | 29.42 | 8.28 | 0.86 | -65.04 | 7.26 | 24.32 | 24.68 | 14.81 | 7.88 | 49.53 | 0.06 | 0 | 4.4 | -18.97 | 0 | 0 | 8.11 | 0.0 | 1.01 | 32.89 | 0 | 0 | 4.87 | -10.97 | 5.87 | -6.08 | 0.16 | 33.33 | 5.03 | -10.02 | 0.00 | 0 |
| 2014 (1) | 3.48 | -12.34 | 1.65 | 175.0 | 0.33 | 0.0 | 0 | 0 | 27.17 | -11.44 | 2.46 | -1.2 | 5.84 | 5.04 | 21.49 | 18.61 | 5.27 | 37.96 | 0 | 0 | 5.43 | -5.73 | 0.04 | 0.0 | 8.11 | 0.0 | 0.76 | 49.02 | 0.01 | -85.71 | 5.47 | -2.84 | 6.25 | 0.64 | 0.12 | 0 | 5.59 | -0.53 | 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) | 66.1 | 4.9 | 51.19 | 6.11 | 366.41 | 38.55 | 0 | 0 | 0 | 0 | 0 | 0 | 25.01 | 5.39 | 43.57 | 2.41 | 6.17 | 43.45 | 9.14 | 35.21 | -1.51 | 10.09 | 23.88 | -28.84 | 114.56 | 5.97 | 44.87 | 4.26 | 0.0 | -1.39 | 11.4 | 0.44 | 0 | 0.01 | 0.0 | 0.0 | 8.03 | 0.0 | -0.99 | 4.39 | 0.0 | 17.07 | 0 | 0 | -100.0 | 23.92 | 11.2 | 26.16 | 28.31 | 9.31 | 22.82 | 1.68 | -40.0 | 154.55 | 25.6 | 5.31 | 30.48 | 0.00 | 0 | 0 |
| 24Q2 (19) | 63.01 | 31.88 | 62.48 | 1.31 | -12.08 | -69.39 | 0 | 0 | 0 | 0 | 0 | 0 | 23.73 | 5.7 | 47.3 | 2.27 | 8.1 | 47.4 | 6.76 | -16.44 | -12.44 | 8.15 | -24.11 | -34.13 | 108.11 | 4.95 | 61.62 | 4.26 | -0.23 | -4.05 | 11.35 | 0 | 0 | 0.01 | 0.0 | 0.0 | 8.03 | 0.0 | -0.99 | 4.39 | 17.07 | 17.07 | 0 | -100.0 | -100.0 | 21.51 | 10.08 | 24.48 | 25.9 | 9.61 | 21.2 | 2.8 | 57.3 | 600.0 | 24.31 | 14.02 | 37.5 | 0.00 | 0 | 0 |
| 24Q1 (18) | 47.78 | 2.51 | 18.71 | 1.49 | -49.83 | -62.75 | 0 | 0 | 0 | 0 | 0 | 0 | 22.45 | 15.78 | 38.67 | 2.1 | 14.75 | 44.83 | 8.09 | 2.8 | 24.08 | 10.73 | -5.74 | -0.98 | 103.01 | 6.96 | 70.26 | 4.27 | 0.95 | -10.48 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 8.03 | 0.0 | -0.99 | 3.75 | 0.0 | 17.92 | 0.33 | 0.0 | 135.71 | 19.54 | -5.42 | 18.42 | 23.63 | -4.53 | 19.22 | 1.78 | 612.0 | 6033.33 | 21.32 | 1.96 | 29.45 | 0.00 | 0 | 0 |
| 23Q4 (17) | 46.61 | 6.61 | 14.18 | 2.97 | -32.65 | -31.09 | 0 | 0 | 0 | 0 | 0 | 0 | 19.39 | 11.31 | 23.35 | 1.83 | 8.93 | 27.97 | 7.87 | -15.19 | -8.49 | 11.39 | -19.7 | -25.19 | 96.31 | 21.79 | 82.61 | 4.23 | -2.08 | -14.55 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 8.03 | -0.99 | -0.99 | 3.75 | 0.0 | 17.92 | 0.33 | 0.0 | 135.71 | 20.66 | 8.97 | 15.23 | 24.75 | 7.38 | 16.42 | 0.25 | -62.12 | 175.76 | 20.91 | 6.57 | 18.81 | 0.00 | 0 | 0 |
| 23Q3 (16) | 43.72 | 12.74 | 28.02 | 4.41 | 3.04 | 21.49 | 0 | 0 | 0 | 0 | 0 | 0 | 17.42 | 8.13 | 20.89 | 1.68 | 9.09 | 10.53 | 9.28 | 20.21 | 19.13 | 14.18 | 14.68 | 0.38 | 79.08 | 18.22 | 71.69 | 4.32 | -2.7 | -16.92 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 8.11 | 0.0 | 0.0 | 3.75 | 0.0 | 17.92 | 0.33 | 0.0 | 135.71 | 18.96 | 9.72 | 14.98 | 23.05 | 7.86 | 16.36 | 0.66 | 65.0 | 386.96 | 19.62 | 10.97 | 20.66 | 0.00 | 0 | 0 |
| 23Q2 (15) | 38.78 | -3.65 | 39.1 | 4.28 | 7.0 | 40.79 | 0 | 0 | 0 | 0 | 0 | 0 | 16.11 | -0.49 | 16.49 | 1.54 | 6.21 | 1.32 | 7.72 | 18.4 | 1.71 | 12.37 | 14.08 | -12.62 | 66.89 | 10.56 | 87.58 | 4.44 | -6.92 | -16.85 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 8.11 | 0.0 | 0.0 | 3.75 | 17.92 | 17.92 | 0.33 | 135.71 | 135.71 | 17.28 | 4.73 | 15.51 | 21.37 | 7.82 | 16.84 | 0.4 | 1433.33 | 208.11 | 17.68 | 7.35 | 21.18 | 0.00 | 0 | 0 |
| 23Q1 (14) | 40.25 | -1.4 | 66.18 | 4.0 | -7.19 | 93.24 | 0 | 0 | 0 | 0 | 0 | 0 | 16.19 | 2.99 | 29.11 | 1.45 | 1.4 | 19.83 | 6.52 | -24.19 | -33.27 | 10.84 | -28.79 | -44.73 | 60.5 | 14.71 | 102.54 | 4.77 | -3.64 | -5.73 | 0 | 0 | -100.0 | 0.01 | 0.0 | 0.0 | 8.11 | 0.0 | 0.0 | 3.18 | 0.0 | 15.22 | 0.14 | 0.0 | 16.67 | 16.5 | -7.98 | 18.79 | 19.82 | -6.77 | 18.19 | -0.03 | 90.91 | 62.5 | 16.47 | -6.42 | 19.26 | 0.00 | 0 | 0 |
| 22Q4 (13) | 40.82 | 19.53 | 89.6 | 4.31 | 18.73 | 75.92 | 0 | 0 | 0 | 0 | 0 | 0 | 15.72 | 9.09 | 9.47 | 1.43 | -5.92 | 16.26 | 8.6 | 10.4 | -18.87 | 15.22 | 7.74 | -32.72 | 52.74 | 14.5 | 123.76 | 4.95 | -4.81 | 8.55 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 8.11 | 0.0 | 0.0 | 3.18 | 0.0 | 15.22 | 0.14 | 0.0 | 16.67 | 17.93 | 8.73 | 22.06 | 21.26 | 7.32 | 21.0 | -0.33 | -43.48 | -135.71 | 17.6 | 8.24 | 20.96 | 0.00 | 0 | 0 |
| 22Q3 (12) | 34.15 | 22.49 | 74.95 | 3.63 | 19.41 | 63.51 | 0 | 0 | 0 | 0 | 0 | 0 | 14.41 | 4.19 | 11.71 | 1.52 | 0.0 | 16.92 | 7.79 | 2.64 | -20.83 | 14.13 | -0.18 | -37.0 | 46.06 | 29.16 | 137.55 | 5.2 | -2.62 | 10.87 | 0 | 0 | 0 | 0.01 | 0.0 | -50.0 | 8.11 | 0.0 | 0.0 | 3.18 | 0.0 | 15.22 | 0.14 | 0.0 | 16.67 | 16.49 | 10.23 | 22.51 | 19.81 | 8.31 | 21.24 | -0.23 | 37.84 | 11.54 | 16.26 | 11.45 | 23.18 | 0.00 | 0 | 0 |
| 22Q2 (11) | 27.88 | 15.11 | 88.63 | 3.04 | 46.86 | 46.86 | 0 | 0 | 0 | 0 | 0 | 0 | 13.83 | 10.29 | 38.02 | 1.52 | 25.62 | 3.4 | 7.59 | -22.31 | -4.29 | 14.15 | -27.83 | -27.47 | 35.66 | 19.38 | 157.1 | 5.34 | 5.53 | 11.25 | 0 | -100.0 | 0 | 0.01 | 0.0 | -50.0 | 8.11 | 0.0 | 0.0 | 3.18 | 15.22 | 29.27 | 0.14 | 16.67 | 7.69 | 14.96 | 7.7 | 20.16 | 18.29 | 9.06 | 21.61 | -0.37 | -362.5 | -54.17 | 14.59 | 5.65 | 19.49 | 0.00 | 0 | 0 |
| 22Q1 (10) | 24.22 | 12.49 | 88.63 | 2.07 | -15.51 | -13.75 | 0 | 0 | 0 | 0 | 0 | 0 | 12.54 | -12.67 | 31.03 | 1.21 | -1.63 | 505.0 | 9.77 | -7.83 | 36.64 | 19.61 | -13.32 | 7.16 | 29.87 | 26.73 | 226.81 | 5.06 | 10.96 | -1.75 | 2.0 | 0 | 0 | 0.01 | 0.0 | -50.0 | 8.11 | 0.0 | 0.0 | 2.76 | 0.0 | 12.2 | 0.12 | 0.0 | -7.69 | 13.89 | -5.45 | 26.5 | 16.77 | -4.55 | 23.58 | -0.08 | 42.86 | 50.0 | 13.81 | -5.09 | 27.63 | 0.00 | 0 | 0 |
| 21Q4 (9) | 21.53 | 10.3 | 124.74 | 2.45 | 10.36 | 10.36 | 0 | 0 | 0 | 0 | 0 | 0 | 14.36 | 11.32 | 26.08 | 1.23 | -5.38 | 17.14 | 10.6 | 7.72 | 36.77 | 22.63 | 0.89 | 4.51 | 23.57 | 21.56 | 170.92 | 4.56 | -2.77 | -12.81 | 0 | 0 | 0 | 0.01 | -50.0 | -50.0 | 8.11 | 0.0 | 0.0 | 2.76 | 0.0 | 12.2 | 0.12 | 0.0 | -7.69 | 14.69 | 9.14 | 19.82 | 17.57 | 7.53 | 18.32 | -0.14 | 46.15 | -16.67 | 14.55 | 10.23 | 19.85 | 0.00 | 0 | 0 |
| 21Q3 (8) | 19.52 | 32.07 | 64.86 | 2.22 | 7.25 | 1.37 | 0 | 0 | 0 | 0 | 0 | 0 | 12.9 | 28.74 | 33.54 | 1.3 | -11.56 | 36.84 | 9.84 | 24.09 | 39.38 | 22.42 | 14.92 | 1.17 | 19.39 | 39.8 | 135.03 | 4.69 | -2.29 | 1365.62 | 0 | 0 | -100.0 | 0.02 | 0.0 | 0.0 | 8.11 | 0.0 | 0.0 | 2.76 | 12.2 | 12.2 | 0.12 | -7.69 | -7.69 | 13.46 | 8.11 | 20.07 | 16.34 | 8.64 | 18.49 | -0.26 | -8.33 | -44.44 | 13.2 | 8.11 | 19.67 | 0.00 | 0 | 0 |
| 21Q2 (7) | 14.78 | 15.11 | 31.85 | 2.07 | -13.75 | 46.81 | 0 | 0 | 0 | 0 | 0 | 0 | 10.02 | 4.7 | 18.58 | 1.47 | 635.0 | 42.72 | 7.93 | 10.91 | 16.45 | 19.51 | 6.62 | 0 | 13.87 | 51.75 | 74.47 | 4.8 | -6.8 | 1614.29 | 0 | 0 | -100.0 | 0.02 | 0.0 | 0.0 | 8.11 | 0.0 | 0.0 | 2.46 | 0.0 | 0.0 | 0.13 | 0.0 | 0.0 | 12.45 | 13.39 | 21.35 | 15.04 | 10.83 | 17.13 | -0.24 | -50.0 | -33.33 | 12.21 | 12.85 | 21.13 | 0.00 | 0 | 0 |
| 21Q1 (6) | 12.84 | 34.03 | 103.49 | 2.4 | 8.11 | 1100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.57 | -15.98 | 51.9 | 0.2 | -80.95 | 566.67 | 7.15 | -7.74 | 25.22 | 18.30 | -15.46 | 0 | 9.14 | 5.06 | 38.48 | 5.15 | -1.53 | 1675.86 | 0 | 0 | -100.0 | 0.02 | 0.0 | 0.0 | 8.11 | 0.0 | 0.0 | 2.46 | 0.0 | 15.49 | 0.13 | 0.0 | 160.0 | 10.98 | -10.44 | 14.02 | 13.57 | -8.62 | 14.9 | -0.16 | -33.33 | -33.33 | 10.82 | -10.87 | 13.77 | 0.00 | 0 | 0 |
| 20Q4 (5) | 9.58 | -19.09 | 51.82 | 2.22 | 1.37 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.39 | 17.91 | 53.09 | 1.05 | 10.53 | 176.32 | 7.75 | 9.77 | 19.05 | 21.65 | -2.34 | 0 | 8.7 | 5.45 | 23.06 | 5.23 | 1534.38 | 1767.86 | 0 | -100.0 | 0 | 0.02 | 0.0 | 0.0 | 8.11 | 0.0 | 0.0 | 2.46 | 0.0 | 15.49 | 0.13 | 0.0 | 160.0 | 12.26 | 9.37 | 9.37 | 14.85 | 7.69 | 10.9 | -0.12 | 33.33 | 7.69 | 12.14 | 10.06 | 9.57 | 0.00 | 0 | 0 |
| 20Q3 (4) | 11.84 | 5.62 | 0.0 | 2.19 | 55.32 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 9.66 | 14.32 | 0.0 | 0.95 | -7.77 | 0.0 | 7.06 | 3.67 | 0.0 | 22.17 | 0 | 0.0 | 8.25 | 3.77 | 0.0 | 0.32 | 14.29 | 0.0 | 2.5 | 150.0 | 0.0 | 0.02 | 0.0 | 0.0 | 8.11 | 0.0 | 0.0 | 2.46 | 0.0 | 0.0 | 0.13 | 0.0 | 0.0 | 11.21 | 9.26 | 0.0 | 13.79 | 7.4 | 0.0 | -0.18 | 0.0 | 0.0 | 11.03 | 9.42 | 0.0 | 0.00 | 0 | 0.0 |
