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) | 78.57 | 3.65 | 13.75 | -68.66 | 4.76 | 0 | 0 | 0 | 511.58 | 8.46 | 24.21 | 20.27 | 97.86 | -9.36 | 19.13 | -16.43 | 123.77 | -15.02 | 2.32 | -23.93 | 0 | 0 | 0.66 | -29.03 | 22.04 | 0.0 | 15.34 | 15.25 | 0.02 | -99.25 | 71.85 | 21.45 | 87.22 | 16.08 | 0.05 | 0 | 71.9 | 21.58 | 0.01 | -30.55 |
| 2022 (9) | 75.8 | -4.91 | 43.87 | 0.53 | 0 | 0 | 0 | 0 | 471.68 | 23.35 | 20.13 | 12.58 | 107.97 | 40.37 | 22.89 | 13.8 | 145.64 | 16.55 | 3.05 | -5.86 | 0 | 0 | 0.93 | -19.13 | 22.04 | 1.8 | 13.31 | 15.44 | 2.67 | 35.53 | 59.16 | 9.78 | 75.14 | 11.5 | -0.02 | 0 | 59.14 | 15.76 | 0.01 | -54.17 |
| 2021 (8) | 79.71 | -12.21 | 43.64 | 516.38 | 3.27 | 0 | 0 | 0 | 382.4 | 13.25 | 17.88 | 4.32 | 76.92 | 11.28 | 20.12 | -1.74 | 124.96 | 55.67 | 3.24 | -4.42 | 0 | 0 | 1.15 | 53.33 | 21.65 | 3.89 | 11.53 | 17.41 | 1.97 | 107.37 | 53.89 | 7.16 | 67.39 | 10.37 | -2.8 | 0 | 51.09 | 6.75 | 0.02 | -29.99 |
| 2020 (7) | 90.8 | 19.35 | 7.08 | 36.42 | 0 | 0 | 0 | 0 | 337.65 | 2.64 | 17.14 | 30.54 | 69.12 | 13.18 | 20.47 | 10.28 | 80.27 | 2.75 | 3.39 | -2.59 | 9.8 | 1.45 | 0.75 | 11.94 | 20.84 | -0.05 | 9.82 | 15.39 | 0.95 | 75.93 | 50.29 | 13.5 | 61.06 | 14.45 | -2.43 | 0 | 47.86 | 13.65 | 0.03 | -23.24 |
| 2019 (6) | 76.08 | 27.31 | 5.19 | -71.48 | 0 | 0 | 0 | 0 | 328.98 | 23.58 | 13.13 | 50.57 | 61.07 | 4.99 | 18.56 | -15.05 | 78.12 | 22.04 | 3.48 | -6.2 | 9.66 | 0 | 0.67 | 9.84 | 20.85 | 7.7 | 8.51 | 11.53 | 0.54 | -31.65 | 44.31 | 17.66 | 53.35 | 15.75 | -2.2 | 0 | 42.11 | 20.56 | 0.04 | -10.73 |
| 2018 (5) | 59.76 | 56.81 | 18.2 | 153.84 | 0 | 0 | 0 | 0 | 266.21 | 32.38 | 8.72 | 43.66 | 58.17 | 11.12 | 21.85 | -16.06 | 64.01 | 71.01 | 3.71 | 2.77 | 0 | 0 | 0.61 | -14.08 | 19.36 | 2.38 | 7.63 | 8.53 | 0.79 | 426.67 | 37.66 | 13.54 | 46.09 | 14.23 | -2.73 | 0 | 34.93 | 7.88 | 0.04 | -8.71 |
| 2017 (4) | 38.11 | 50.57 | 7.17 | 5875.0 | 0 | 0 | 0 | 0 | 201.1 | -15.89 | 6.07 | -55.27 | 52.35 | -6.17 | 26.03 | 11.56 | 37.43 | -1.32 | 3.61 | -41.68 | 0 | 0 | 0.71 | -22.83 | 18.91 | 0.0 | 7.03 | 23.99 | 0.15 | 0 | 33.17 | -7.91 | 40.35 | -3.21 | -0.79 | 0 | 32.38 | -9.73 | 0.05 | 8.9 |
| 2016 (3) | 25.31 | 92.91 | 0.12 | 0 | 0 | 0 | 0 | 0 | 239.1 | 19.7 | 13.57 | 136.41 | 55.79 | -1.48 | 23.33 | -17.7 | 37.93 | 17.14 | 6.19 | 68.66 | 0 | 0 | 0.92 | -7.07 | 18.91 | 0.0 | 5.67 | 11.39 | 0 | 0 | 36.02 | 38.17 | 41.69 | 33.28 | -0.15 | 0 | 35.87 | 35.36 | 0.04 | -9.48 |
| 2015 (2) | 13.12 | -40.63 | 0 | 0 | 0 | 0 | 0 | 0 | 199.75 | 14.61 | 5.74 | -17.05 | 56.63 | 35.84 | 28.35 | 18.52 | 32.38 | 1.6 | 3.67 | 3.09 | 0 | 0 | 0.99 | 11.24 | 18.91 | 15.16 | 5.09 | 15.68 | 0.11 | -81.67 | 26.07 | 5.04 | 31.28 | 4.93 | 0.43 | 0 | 26.5 | 8.38 | 0.05 | -20.37 |
| 2014 (1) | 22.1 | 30.46 | 4.76 | 211.11 | 2.0 | 51.52 | 0 | 0 | 174.28 | 2.43 | 6.92 | 17.09 | 41.69 | 5.17 | 23.92 | 2.68 | 31.87 | -0.99 | 3.56 | 36.4 | 0 | 0 | 0.89 | 50.85 | 16.42 | 0.24 | 4.4 | 15.49 | 0.6 | -21.05 | 24.82 | 16.8 | 29.81 | 15.41 | -0.37 | 0 | 24.45 | 22.93 | 0.06 | 10.87 |
| 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) | 106.19 | -7.64 | 43.33 | 14.15 | 26.11 | 318.64 | 0 | 0 | -100.0 | 0 | 0 | 0 | 121.67 | 0.0 | -12.29 | 6.58 | 12.29 | -4.36 | 68.24 | 0.99 | -16.98 | 13.38 | 4.37 | -18.25 | 125.33 | -3.57 | -12.89 | 2.12 | -3.2 | -16.86 | 0 | 0 | 0 | 0.58 | -12.12 | -20.55 | 22.04 | 0.0 | 0.0 | 17.76 | 0.0 | 15.78 | 0 | 0 | -100.0 | 74.9 | 9.63 | 14.79 | 92.66 | 7.64 | 14.93 | 0.92 | -39.47 | -36.99 | 75.82 | 8.56 | 13.66 | 0.01 | -6.99 | -19.41 |
| 24Q2 (19) | 114.98 | 8.64 | 117.93 | 11.22 | 17.0 | 243.12 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 121.67 | -3.03 | 0.24 | 5.86 | -5.79 | 1.91 | 67.57 | -1.08 | -20.78 | 12.82 | -1.14 | -26.15 | 129.97 | -16.57 | -3.78 | 2.19 | -2.23 | -17.36 | 0 | 0 | 0 | 0.66 | 3.12 | -13.16 | 22.04 | 0.0 | 0.0 | 17.76 | 15.78 | 15.78 | 0 | -100.0 | -100.0 | 68.32 | 5.35 | 17.03 | 86.08 | 7.3 | 16.73 | 1.52 | 33.33 | 87.65 | 69.84 | 5.83 | 17.99 | 0.01 | -6.24 | -32.53 |
| 24Q1 (18) | 105.84 | 34.71 | 47.31 | 9.59 | -30.25 | -65.14 | 2.53 | -46.85 | -75.72 | 0 | 0 | 0 | 125.47 | -11.18 | 13.85 | 6.22 | -5.9 | 25.15 | 68.31 | -30.2 | -16.44 | 12.97 | -32.22 | -24.05 | 155.78 | 25.86 | -0.4 | 2.24 | -3.45 | -21.68 | 0 | 0 | -100.0 | 0.64 | -3.03 | -25.58 | 22.04 | 0.0 | 0.0 | 15.34 | 0.0 | 15.25 | 0.02 | 0.0 | -99.25 | 64.85 | -9.74 | 24.69 | 80.22 | -8.03 | 17.99 | 1.14 | 2180.0 | 1728.57 | 65.99 | -8.22 | 27.05 | 0.01 | 2.53 | -33.08 |
| 23Q4 (17) | 78.57 | 6.05 | 3.65 | 13.75 | 306.8 | -68.66 | 4.76 | -30.31 | 0 | 0 | 0 | 0 | 141.27 | 1.84 | 7.06 | 6.61 | -3.92 | 5.76 | 97.86 | 19.05 | -9.36 | 19.13 | 16.88 | -16.43 | 123.77 | -13.98 | -15.02 | 2.32 | -9.02 | -23.93 | 0 | 0 | 0 | 0.66 | -9.59 | -29.03 | 22.04 | 0.0 | 0.0 | 15.34 | 0.0 | 15.25 | 0.02 | 0.0 | -99.25 | 71.85 | 10.11 | 21.45 | 87.22 | 8.19 | 16.08 | 0.05 | -96.58 | 350.0 | 71.9 | 7.78 | 21.58 | 0.01 | -9.87 | -30.55 |
| 23Q3 (16) | 74.09 | 40.43 | 4.9 | 3.38 | 3.36 | -91.13 | 6.83 | 3.33 | 0 | 0 | 0 | 0 | 138.72 | 14.29 | 8.51 | 6.88 | 19.65 | 20.49 | 82.2 | -3.62 | -30.78 | 16.37 | -5.71 | -39.97 | 143.88 | 6.51 | -0.1 | 2.55 | -3.77 | -19.05 | 0 | 0 | 0 | 0.73 | -3.95 | -21.51 | 22.04 | 0.0 | 0.0 | 15.34 | 0.0 | 15.25 | 0.02 | 0.0 | -99.25 | 65.25 | 11.77 | 23.86 | 80.62 | 9.33 | 17.42 | 1.46 | 80.25 | -16.09 | 66.71 | 12.7 | 22.58 | 0.01 | -22.14 | -29.77 |
| 23Q2 (15) | 52.76 | -26.57 | -55.19 | 3.27 | -88.11 | -95.26 | 6.61 | -36.56 | 0 | 0 | 0 | 0 | 121.38 | 10.14 | 11.48 | 5.75 | 15.69 | 34.66 | 85.29 | 4.33 | 10.59 | 17.36 | 1.68 | -9.4 | 135.08 | -13.64 | 12.26 | 2.65 | -7.34 | -15.06 | 0 | -100.0 | 0 | 0.76 | -11.63 | -25.49 | 22.04 | 0.0 | 0.0 | 15.34 | 15.25 | 15.25 | 0.02 | -99.25 | -99.25 | 58.38 | 12.25 | 24.29 | 73.74 | 8.46 | 17.14 | 0.81 | 1257.14 | 1257.14 | 59.19 | 13.96 | 26.2 | 0.01 | -7.0 | -44.18 |
| 23Q1 (14) | 71.85 | -5.21 | 18.68 | 27.51 | -37.29 | -43.63 | 10.42 | 0 | 873.83 | 0 | 0 | 0 | 110.21 | -16.48 | 7.0 | 4.97 | -20.48 | 27.44 | 81.75 | -24.28 | -16.22 | 17.07 | -25.42 | -31.92 | 156.41 | 7.39 | 14.7 | 2.86 | -6.23 | -8.33 | 0.88 | 0 | 0 | 0.86 | -7.53 | -20.37 | 22.04 | 0.0 | 0.55 | 13.31 | 0.0 | 15.44 | 2.67 | 0.0 | 35.53 | 52.01 | -12.09 | 15.12 | 67.99 | -9.52 | 15.87 | -0.07 | -250.0 | 95.21 | 51.94 | -12.17 | 18.8 | 0.01 | 6.42 | -51.12 |
| 22Q4 (13) | 75.8 | 7.32 | -4.91 | 43.87 | 15.11 | 0.53 | 0 | 0 | -100.0 | 0 | 0 | 0 | 131.96 | 3.22 | 37.66 | 6.25 | 9.46 | 34.41 | 107.97 | -9.09 | 40.37 | 22.89 | -16.04 | 13.8 | 145.64 | 1.12 | 16.55 | 3.05 | -3.17 | -5.86 | 0 | 0 | 0 | 0.93 | 0.0 | -19.13 | 22.04 | 0.0 | 1.8 | 13.31 | 0.0 | 15.44 | 2.67 | 0.0 | 35.53 | 59.16 | 12.3 | 9.78 | 75.14 | 9.44 | 11.5 | -0.02 | -101.15 | 99.29 | 59.14 | 8.67 | 15.76 | 0.01 | -8.87 | -54.17 |
| 22Q3 (12) | 70.63 | -40.01 | 1.89 | 38.11 | -44.82 | 71.98 | 0 | 0 | -100.0 | 0 | 0 | 0 | 127.84 | 17.41 | 34.84 | 5.71 | 33.72 | 17.25 | 118.76 | 53.99 | 63.33 | 27.26 | 42.32 | 41.65 | 144.02 | 19.69 | 10.9 | 3.15 | 0.96 | -4.83 | 0 | 0 | 0 | 0.93 | -8.82 | 24.0 | 22.04 | 0.0 | 5.1 | 13.31 | 0.0 | 15.44 | 2.67 | 0.0 | 35.53 | 52.68 | 12.16 | 6.79 | 68.66 | 9.07 | 9.3 | 1.74 | 2585.71 | 166.67 | 54.42 | 16.03 | 16.48 | 0.01 | -38.11 | -56.11 |
| 22Q2 (11) | 117.74 | 94.48 | 51.88 | 69.06 | 41.52 | 363.49 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 108.88 | 5.71 | 14.03 | 4.27 | 9.49 | 12.07 | 77.12 | -20.97 | 3.36 | 19.16 | -23.6 | -2.82 | 120.33 | -11.76 | 14.56 | 3.12 | 0.0 | -8.5 | 0 | 0 | 0 | 1.02 | -5.56 | 54.55 | 22.04 | 0.55 | 5.76 | 13.31 | 15.44 | 35.54 | 2.67 | 35.53 | 181.05 | 46.97 | 3.96 | -0.47 | 62.95 | 7.28 | 8.61 | -0.07 | 95.21 | 97.25 | 46.9 | 7.27 | 5.06 | 0.02 | -18.56 | -45.61 |
| 22Q1 (10) | 60.54 | -24.05 | -35.19 | 48.8 | 11.82 | 1474.19 | 1.07 | -67.28 | 0 | 0 | 0 | 0 | 103.0 | 7.45 | 7.01 | 3.9 | -16.13 | -14.1 | 97.58 | 26.86 | 39.86 | 25.08 | 24.66 | 30.27 | 136.36 | 9.12 | 39.24 | 3.12 | -3.7 | -7.69 | 0 | 0 | -100.0 | 1.08 | -6.09 | 52.11 | 21.92 | 1.25 | 5.18 | 11.53 | 0.0 | 17.41 | 1.97 | 0.0 | 107.37 | 45.18 | -16.16 | 4.17 | 58.68 | -12.92 | 8.37 | -1.46 | 47.86 | 34.82 | 43.72 | -14.43 | 6.3 | 0.02 | -0.22 | -35.44 |
| 21Q4 (9) | 79.71 | 14.99 | -12.21 | 43.64 | 96.93 | 516.38 | 3.27 | -62.8 | 0 | 0 | 0 | 0 | 95.86 | 1.11 | 5.09 | 4.65 | -4.52 | -11.93 | 76.92 | 5.79 | 11.28 | 20.12 | 4.51 | -1.74 | 124.96 | -3.77 | 55.67 | 3.24 | -2.11 | -4.42 | 0 | 0 | -100.0 | 1.15 | 53.33 | 53.33 | 21.65 | 3.24 | 3.89 | 11.53 | 0.0 | 17.41 | 1.97 | 0.0 | 107.37 | 53.89 | 9.24 | 7.16 | 67.39 | 7.27 | 10.37 | -2.8 | -7.28 | -15.23 | 51.09 | 9.35 | 6.75 | 0.02 | -12.74 | -29.99 |
| 21Q3 (8) | 69.32 | -10.58 | -16.89 | 22.16 | 48.72 | 31.83 | 8.79 | -10.58 | 0 | 0 | 0 | 0 | 94.81 | -0.7 | -0.74 | 4.87 | 27.82 | -15.16 | 72.71 | -2.55 | -3.73 | 19.25 | -2.36 | -17.51 | 129.86 | 23.63 | 68.76 | 3.31 | -2.93 | -1.19 | 0 | 0 | -100.0 | 0.75 | 13.64 | -2.6 | 20.97 | 0.62 | 0.62 | 11.53 | 17.41 | 17.41 | 1.97 | 107.37 | 107.37 | 49.33 | 4.53 | 9.48 | 62.82 | 8.39 | 12.52 | -2.61 | -2.35 | -23.11 | 46.72 | 4.66 | 8.8 | 0.02 | -23.3 | -27.44 |
| 21Q2 (7) | 77.52 | -17.01 | -11.7 | 14.9 | 380.65 | -42.32 | 9.83 | 0 | 0 | 0 | 0 | 0 | 95.48 | -0.8 | 20.13 | 3.81 | -16.08 | 8.55 | 74.61 | 6.94 | 19.57 | 19.71 | 2.42 | 0 | 105.04 | 7.26 | 37.65 | 3.41 | 0.89 | 3.33 | 0 | -100.0 | -100.0 | 0.66 | -7.04 | -2.94 | 20.84 | 0.0 | -0.05 | 9.82 | 0.0 | 0.0 | 0.95 | 0.0 | 0.0 | 47.19 | 8.81 | 20.02 | 57.96 | 7.04 | 15.71 | -2.55 | -13.84 | -48.26 | 44.64 | 8.53 | 18.72 | 0.03 | -3.33 | -13.78 |
| 21Q1 (6) | 93.41 | 2.87 | 29.22 | 3.1 | -56.21 | -85.86 | 0 | 0 | 0 | 0 | 0 | 0 | 96.25 | 5.51 | 34.75 | 4.54 | -14.02 | 73.95 | 69.77 | 0.94 | 10.89 | 19.25 | -5.97 | 0 | 97.93 | 22.0 | 19.14 | 3.38 | -0.29 | -2.87 | 9.8 | 0.0 | 1.03 | 0.71 | -5.33 | 1.43 | 20.84 | 0.0 | -0.05 | 9.82 | 0.0 | 15.39 | 0.95 | 0.0 | 75.93 | 43.37 | -13.76 | 15.53 | 54.15 | -11.32 | 16.25 | -2.24 | 7.82 | -85.12 | 41.13 | -14.06 | 13.21 | 0.03 | 8.22 | -20.79 |
| 20Q4 (5) | 90.8 | 8.86 | 19.35 | 7.08 | -57.88 | 36.42 | 0 | 0 | 0 | 0 | 0 | 0 | 91.22 | -4.5 | 18.05 | 5.28 | -8.01 | 95.56 | 69.12 | -8.49 | 13.18 | 20.47 | -12.27 | 0 | 80.27 | 4.31 | 2.75 | 3.39 | 1.19 | -2.59 | 9.8 | 0.31 | 1.45 | 0.75 | -2.6 | 11.94 | 20.84 | 0.0 | -0.05 | 9.82 | 0.0 | 15.39 | 0.95 | 0.0 | 75.93 | 50.29 | 11.61 | 13.5 | 61.06 | 9.37 | 14.45 | -2.43 | -14.62 | -10.45 | 47.86 | 11.46 | 13.65 | 0.03 | -9.57 | -23.24 |
| 20Q3 (4) | 83.41 | -4.99 | 0.0 | 16.81 | -34.92 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 95.52 | 20.18 | 0.0 | 5.74 | 63.53 | 0.0 | 75.53 | 21.04 | 0.0 | 23.33 | 0 | 0.0 | 76.95 | 0.84 | 0.0 | 3.35 | 1.52 | 0.0 | 9.77 | 0.41 | 0.0 | 0.77 | 13.24 | 0.0 | 20.84 | -0.05 | 0.0 | 9.82 | 0.0 | 0.0 | 0.95 | 0.0 | 0.0 | 45.06 | 14.6 | 0.0 | 55.83 | 11.46 | 0.0 | -2.12 | -23.26 | 0.0 | 42.94 | 14.2 | 0.0 | 0.03 | -8.86 | 0.0 |
