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) | 65.46 | 8.38 | 8.7 | -72.21 | 0 | 0 | 0 | 0 | 303.8 | -0.45 | 13.41 | -17.12 | 69.52 | -17.72 | 22.88 | -17.35 | 36.16 | -54.81 | 0.24 | -35.14 | 18.98 | 0.05 | 2.86 | -16.86 | 40.95 | 2.32 | 5.2 | 46.89 | 4.9 | 57.56 | 27.73 | 21.46 | 37.83 | 28.37 | -4.8 | 0 | 22.93 | 27.89 | 0.02 | 12.89 |
| 2022 (9) | 60.4 | 14.11 | 31.31 | 101.09 | 0 | 0 | 0 | 0 | 305.16 | 18.82 | 16.18 | 47.49 | 84.49 | 52.43 | 27.69 | 28.28 | 80.01 | 28.8 | 0.37 | 131.25 | 18.97 | 0.05 | 3.44 | -4.97 | 40.02 | -11.77 | 3.54 | 43.32 | 3.11 | 55.5 | 22.83 | 114.17 | 29.47 | 94.65 | -4.9 | 0 | 17.93 | 196.85 | 0.02 | 0.1 |
| 2021 (8) | 52.93 | 29.79 | 15.57 | -3.53 | 0 | 0 | 0 | 0 | 256.82 | 15.42 | 10.97 | 32.49 | 55.43 | -5.18 | 21.58 | -17.85 | 62.12 | 26.75 | 0.16 | -33.33 | 18.96 | 0 | 3.62 | 39.23 | 45.36 | 1.34 | 2.47 | -11.79 | 2.0 | 0.0 | 10.66 | 0 | 15.14 | 238.7 | -4.62 | 0 | 6.04 | 0 | 0.02 | 397.15 |
| 2020 (7) | 40.78 | 26.69 | 16.14 | -0.8 | 0 | 0 | 0 | 0 | 222.51 | -7.39 | 8.28 | 673.83 | 58.46 | 23.44 | 26.27 | 33.28 | 49.01 | 40.63 | 0.24 | -25.0 | 0 | 0 | 2.6 | 108.0 | 44.76 | 1.45 | 2.8 | 0.0 | 2.0 | 0.0 | -0.33 | 0 | 4.47 | 0 | -3.52 | 0 | -3.85 | 0 | 0.00 | 12.1 |
| 2019 (6) | 32.19 | 114.46 | 16.27 | -16.56 | 0 | 0 | 0 | 0 | 240.26 | 8.11 | 1.07 | 0 | 47.36 | -32.42 | 19.71 | -37.49 | 34.85 | -26.41 | 0.32 | -30.43 | 0 | 0 | 1.25 | 6.84 | 44.12 | 0.0 | 2.8 | 0.0 | 2.0 | 0.0 | -8.43 | 0 | -3.62 | 0 | -4.63 | 0 | -13.06 | 0 | 0.00 | -67.41 |
| 2018 (5) | 15.01 | -52.81 | 19.5 | 214.01 | 0 | 0 | 0 | 0 | 222.23 | 16.1 | -5.96 | 0 | 70.08 | 50.13 | 31.53 | 29.31 | 47.36 | 46.44 | 0.46 | -36.99 | 0 | 0 | 1.17 | -13.33 | 44.12 | 0.0 | 2.8 | 0.0 | 2.0 | 0.0 | -9.2 | 0 | -4.4 | 0 | -3.35 | 0 | -12.55 | 0 | 0.01 | 6.0 |
| 2017 (4) | 31.81 | 10.15 | 6.21 | 12.09 | 0 | 0 | 0 | 0 | 191.41 | -14.72 | -5.7 | 0 | 46.68 | -13.83 | 24.39 | 1.05 | 32.34 | -8.02 | 0.73 | -7.59 | 0 | 0 | 1.35 | 16.38 | 44.12 | 0.0 | 2.8 | 11.11 | 2.0 | 0 | -3.54 | 0 | 1.26 | -83.68 | -2.21 | 0 | -5.75 | 0 | 0.01 | 57.4 |
| 2016 (3) | 28.88 | -9.35 | 5.54 | -72.12 | 0 | 0 | 0 | 0 | 224.46 | 4.94 | 2.83 | 0 | 54.17 | -3.51 | 24.13 | -8.05 | 35.16 | -21.18 | 0.79 | -31.3 | 0 | 0 | 1.16 | 39.76 | 44.12 | -4.34 | 2.52 | 0.0 | 0 | 0 | 5.2 | 100.0 | 7.72 | 51.08 | -2.0 | 0 | 3.2 | 18.52 | 0.01 | 26.17 |
| 2015 (2) | 31.86 | -0.87 | 19.87 | 88.34 | 0 | 0 | 0 | 0 | 213.9 | 0.61 | -6.25 | 0 | 56.14 | -2.67 | 26.25 | -3.26 | 44.61 | -8.66 | 1.15 | 248.48 | 0 | 0 | 0.83 | 50.91 | 46.12 | -5.65 | 2.52 | 7.69 | 0 | 0 | 2.6 | -73.58 | 5.11 | -58.05 | 0.1 | -90.0 | 2.7 | -75.09 | 0.00 | -30.68 |
| 2014 (1) | 32.14 | -11.07 | 10.55 | 36.84 | 0 | 0 | 0 | 0 | 212.61 | 21.95 | 1.74 | -49.42 | 57.68 | 23.35 | 27.13 | 1.15 | 48.84 | 33.63 | 0.33 | -58.23 | 0 | 0 | 0.55 | -29.49 | 48.88 | -0.51 | 2.34 | 17.0 | 0 | 0 | 9.84 | -0.51 | 12.18 | 2.44 | 1.0 | 63.93 | 10.84 | 3.24 | 0.01 | 12.08 |
| 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) | 32.22 | -46.02 | -46.0 | 12.81 | -31.5 | -8.63 | 0 | 0 | 0 | 0 | 0 | 0 | 64.01 | -1.66 | -8.22 | -1.13 | -186.92 | -138.97 | 62.49 | 4.46 | -4.16 | 24.13 | 6.77 | 16.75 | 55.65 | 2.6 | -1.21 | 0.23 | -4.17 | -23.33 | 18.98 | 0.0 | 0.0 | 2.16 | -9.24 | -28.71 | 41.13 | 0.12 | 1.21 | 6.53 | 0.0 | 25.58 | 4.8 | 0.0 | -2.04 | 20.81 | -5.11 | -16.49 | 32.14 | -3.4 | -8.22 | -3.34 | 19.9 | 29.39 | 17.47 | -1.63 | -13.47 | 0.02 | 3.61 | 29.03 |
| 24Q2 (19) | 59.69 | -16.76 | 18.48 | 18.7 | 15.22 | 120.78 | 0 | 0 | 0 | 0 | 0 | 0 | 65.09 | 17.09 | -8.63 | 1.3 | 195.45 | -57.24 | 59.82 | 0.42 | -12.62 | 22.60 | 2.75 | 9.71 | 54.24 | -2.09 | -9.92 | 0.24 | 0.0 | -22.58 | 18.98 | 0.0 | 0.05 | 2.38 | -9.85 | -23.96 | 41.08 | 0.07 | 1.91 | 6.53 | 25.58 | 25.58 | 4.8 | -2.04 | -2.04 | 21.93 | -21.82 | -0.41 | 33.27 | -12.79 | 3.58 | -4.17 | 3.02 | 24.73 | 17.76 | -25.22 | 7.77 | 0.02 | -3.67 | 22.86 |
| 24Q1 (18) | 71.71 | 9.55 | 59.46 | 16.23 | 86.55 | -17.78 | 0 | 0 | 0 | 0 | 0 | 0 | 55.59 | -25.17 | -37.21 | 0.44 | -84.62 | -90.46 | 59.57 | -14.31 | -25.44 | 21.99 | -3.89 | -10.98 | 55.4 | 53.21 | -24.86 | 0.24 | 0.0 | -31.43 | 18.98 | 0.0 | 0.05 | 2.64 | -7.69 | -17.24 | 41.05 | 0.24 | 1.96 | 5.2 | 0.0 | 46.89 | 4.9 | 0.0 | 57.56 | 28.05 | 1.15 | 2.22 | 38.15 | 0.85 | 11.94 | -4.3 | 10.42 | 9.09 | 23.75 | 3.58 | 4.58 | 0.02 | 30.12 | 19.22 |
| 23Q4 (17) | 65.46 | 9.7 | 8.38 | 8.7 | -37.95 | -72.21 | 0 | 0 | 0 | 0 | 0 | 0 | 74.29 | 6.52 | -13.59 | 2.86 | -1.38 | -37.28 | 69.52 | 6.63 | -17.72 | 22.88 | 10.73 | -17.35 | 36.16 | -35.81 | -54.81 | 0.24 | -20.0 | -35.14 | 18.98 | 0.0 | 0.05 | 2.86 | -5.61 | -16.86 | 40.95 | 0.76 | 2.32 | 5.2 | 0.0 | 46.89 | 4.9 | 0.0 | 57.56 | 27.73 | 11.28 | 21.46 | 37.83 | 8.02 | 28.37 | -4.8 | -1.48 | 2.04 | 22.93 | 13.57 | 27.89 | 0.02 | -0.66 | 12.89 |
| 23Q3 (16) | 59.67 | 18.44 | -7.57 | 14.02 | 65.53 | -66.4 | 0 | 0 | 0 | 0 | 0 | 0 | 69.74 | -2.11 | -19.48 | 2.9 | -4.61 | -61.99 | 65.2 | -4.76 | -13.36 | 20.67 | 0.33 | -22.23 | 56.33 | -6.44 | -25.86 | 0.3 | -3.23 | -30.23 | 18.98 | 0.05 | 0.05 | 3.03 | -3.19 | -5.9 | 40.64 | 0.82 | 2.14 | 5.2 | 0.0 | 46.89 | 4.9 | 0.0 | 57.56 | 24.92 | 13.17 | 39.53 | 35.02 | 9.03 | 42.88 | -4.73 | 14.62 | 5.78 | 20.19 | 22.51 | 57.24 | 0.02 | -1.34 | 9.12 |
| 23Q2 (15) | 50.38 | 12.03 | 68.44 | 8.47 | -57.09 | -37.21 | 0 | 0 | 0 | 0 | 0 | 0 | 71.24 | -19.53 | 14.37 | 3.04 | -34.06 | 310.81 | 68.46 | -14.32 | 16.83 | 20.60 | -16.63 | -8.68 | 60.21 | -18.34 | -19.29 | 0.31 | -11.43 | -32.61 | 18.97 | 0.0 | 0.0 | 3.13 | -1.88 | -8.48 | 40.31 | 0.12 | -8.92 | 5.2 | 46.89 | 46.89 | 4.9 | 57.56 | 57.56 | 22.02 | -19.75 | 115.04 | 32.12 | -5.75 | 90.28 | -5.54 | -17.12 | -1.47 | 16.48 | -27.43 | 244.77 | 0.02 | -6.52 | 8.22 |
| 23Q1 (14) | 44.97 | -25.55 | -30.07 | 19.74 | -36.95 | -42.43 | 0 | 0 | 0 | 0 | 0 | 0 | 88.53 | 2.98 | 25.95 | 4.61 | 1.1 | 41.41 | 79.9 | -5.43 | 38.4 | 24.71 | -10.77 | 10.56 | 73.73 | -7.85 | 9.98 | 0.35 | -5.41 | -28.57 | 18.97 | 0.0 | 0.05 | 3.19 | -7.27 | -10.14 | 40.26 | 0.6 | -11.01 | 3.54 | 0.0 | 43.32 | 3.11 | 0.0 | 55.5 | 27.44 | 20.19 | 97.13 | 34.08 | 15.64 | 85.32 | -4.73 | 3.47 | 1.66 | 22.71 | 26.66 | 149.29 | 0.02 | 23.21 | 19.26 |
| 22Q4 (13) | 60.4 | -6.44 | 14.11 | 31.31 | -24.95 | 101.09 | 0 | 0 | 0 | 0 | 0 | 0 | 85.97 | -0.74 | 34.41 | 4.56 | -40.24 | 160.57 | 84.49 | 12.28 | 52.43 | 27.69 | 4.18 | 28.28 | 80.01 | 5.3 | 28.8 | 0.37 | -13.95 | 131.25 | 18.97 | 0.0 | 0.05 | 3.44 | 6.83 | -4.97 | 40.02 | 0.58 | -11.77 | 3.54 | 0.0 | 43.32 | 3.11 | 0.0 | 55.5 | 22.83 | 27.83 | 114.17 | 29.47 | 20.24 | 94.65 | -4.9 | 2.39 | -6.06 | 17.93 | 39.64 | 196.85 | 0.02 | -3.97 | 0.1 |
| 22Q3 (12) | 64.56 | 115.85 | 43.21 | 41.72 | 209.27 | 418.26 | 0 | 0 | 0 | 0 | 0 | 0 | 86.61 | 39.04 | 36.93 | 7.63 | 931.08 | 78.27 | 75.25 | 28.41 | 32.76 | 26.58 | 17.82 | 23.95 | 75.98 | 1.85 | 33.67 | 0.43 | -6.52 | 115.0 | 18.97 | 0.0 | 0.05 | 3.22 | -5.85 | -1.23 | 39.79 | -10.1 | -11.38 | 3.54 | 0.0 | 43.32 | 3.11 | 0.0 | 55.5 | 17.86 | 74.41 | 93.71 | 24.51 | 45.2 | 79.04 | -5.02 | 8.06 | -7.26 | 12.84 | 168.62 | 182.82 | 0.02 | -2.15 | 558.12 |
| 22Q2 (11) | 29.91 | -53.49 | -13.15 | 13.49 | -60.66 | -24.72 | 0 | 0 | 0 | 0 | 0 | 0 | 62.29 | -11.38 | 2.38 | 0.74 | -77.3 | -79.84 | 58.6 | 1.51 | -1.1 | 22.56 | 0.94 | -0.52 | 74.6 | 11.28 | 52.15 | 0.46 | -6.12 | 130.0 | 18.97 | 0.05 | 0 | 3.42 | -3.66 | 50.0 | 44.26 | -2.17 | -1.32 | 3.54 | 43.32 | 43.32 | 3.11 | 55.5 | 55.5 | 10.24 | -26.44 | 107.29 | 16.88 | -8.21 | 79.19 | -5.46 | -13.51 | -15.68 | 4.78 | -47.53 | 2072.73 | 0.02 | 3.01 | 512.27 |
| 22Q1 (10) | 64.31 | 21.5 | 104.68 | 34.29 | 120.23 | 82.59 | 0 | 0 | 0 | 0 | 0 | 0 | 70.29 | 9.9 | 2.21 | 3.26 | 86.29 | 156.69 | 57.73 | 4.15 | -7.78 | 22.35 | 3.54 | -10.94 | 67.04 | 7.92 | 47.34 | 0.49 | 206.25 | 113.04 | 18.96 | 0.0 | 0 | 3.55 | -1.93 | 46.09 | 45.24 | -0.26 | 0.91 | 2.47 | 0.0 | -11.79 | 2.0 | 0.0 | 0.0 | 13.92 | 30.58 | 1380.85 | 18.39 | 21.47 | 220.38 | -4.81 | -4.11 | -22.7 | 9.11 | 50.83 | 405.7 | 0.02 | 3.42 | 440.6 |
| 21Q4 (9) | 52.93 | 17.41 | 29.79 | 15.57 | 93.42 | -3.53 | 0 | 0 | 0 | 0 | 0 | 0 | 63.96 | 1.12 | -10.53 | 1.75 | -59.11 | -59.11 | 55.43 | -2.21 | -5.18 | 21.58 | 0.66 | -17.85 | 62.12 | 9.29 | 26.75 | 0.16 | -20.0 | -33.33 | 18.96 | 0.0 | 0 | 3.62 | 11.04 | 39.23 | 45.36 | 1.02 | 1.34 | 2.47 | 0.0 | -11.79 | 2.0 | 0.0 | 0.0 | 10.66 | 15.62 | 3330.3 | 15.14 | 10.59 | 238.7 | -4.62 | 1.28 | -31.25 | 6.04 | 33.04 | 256.88 | 0.02 | 531.31 | 397.15 |
| 21Q3 (8) | 45.08 | 30.89 | 33.33 | 8.05 | -55.08 | -58.01 | 0 | 0 | 0 | 0 | 0 | 0 | 63.25 | 3.96 | 5.05 | 4.28 | 16.62 | 13.83 | 56.68 | -4.34 | 11.66 | 21.44 | -5.44 | -14.95 | 56.84 | 15.93 | 19.97 | 0.2 | 0.0 | -42.86 | 18.96 | 0 | 0 | 3.26 | 42.98 | 21.19 | 44.9 | 0.11 | 1.77 | 2.47 | 0.0 | -11.79 | 2.0 | 0.0 | 0.0 | 9.22 | 86.64 | 308.13 | 13.69 | 45.33 | 3502.63 | -4.68 | 0.85 | -12.77 | 4.54 | 1963.64 | 152.91 | 0.00 | -8.97 | -17.47 |
| 21Q2 (7) | 34.44 | 9.61 | 0.0 | 17.92 | -4.58 | 14.95 | 0 | 0 | 0 | 0 | 0 | 0 | 60.84 | -11.53 | 24.09 | 3.67 | 188.98 | 123.78 | 59.25 | -5.35 | 40.07 | 22.67 | -9.63 | 0 | 49.03 | 7.76 | 40.37 | 0.2 | -13.04 | -16.67 | 0 | 0 | 0 | 2.28 | -6.17 | 3.17 | 44.85 | 0.04 | 1.65 | 2.47 | -11.79 | -11.79 | 2.0 | 0.0 | 0.0 | 4.94 | 425.53 | 160.32 | 9.42 | 64.11 | 377.88 | -4.72 | -20.41 | -7.27 | 0.22 | 107.38 | 101.75 | 0.00 | -9.04 | -35.66 |
| 21Q1 (6) | 31.42 | -22.95 | -0.79 | 18.78 | 16.36 | 15.21 | 0 | 0 | 0 | 0 | 0 | 0 | 68.77 | -3.8 | 64.64 | 1.27 | -70.33 | 190.71 | 62.6 | 7.08 | 63.23 | 25.09 | -4.51 | 0 | 45.5 | -7.16 | 37.01 | 0.23 | -4.17 | -17.86 | 0 | 0 | 0 | 2.43 | -6.54 | 0.83 | 44.83 | 0.16 | 1.61 | 2.8 | 0.0 | 0.0 | 2.0 | 0.0 | 0.0 | 0.94 | 384.85 | 109.56 | 5.74 | 28.41 | 214.12 | -3.92 | -11.36 | 10.3 | -2.98 | 22.6 | 79.01 | 0.00 | -4.89 | 10.28 |
| 20Q4 (5) | 40.78 | 20.62 | 26.69 | 16.14 | -15.81 | -0.8 | 0 | 0 | 0 | 0 | 0 | 0 | 71.49 | 18.73 | 42.01 | 4.28 | 13.83 | 320.62 | 58.46 | 15.17 | 23.44 | 26.27 | 4.22 | 0 | 49.01 | 3.44 | 40.63 | 0.24 | -31.43 | -25.0 | 0 | 0 | 0 | 2.6 | -3.35 | 108.0 | 44.76 | 1.45 | 1.45 | 2.8 | 0.0 | 0.0 | 2.0 | 0.0 | 0.0 | -0.33 | 92.55 | 96.09 | 4.47 | 1076.32 | 223.48 | -3.52 | 15.18 | 23.97 | -3.85 | 55.13 | 70.52 | 0.00 | 4.81 | 12.1 |
| 20Q3 (4) | 33.81 | -1.83 | 0.0 | 19.17 | 22.96 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 60.21 | 22.8 | 0.0 | 3.76 | 129.27 | 0.0 | 50.76 | 20.0 | 0.0 | 25.21 | 0 | 0.0 | 47.38 | 35.64 | 0.0 | 0.35 | 45.83 | 0.0 | 0 | 0 | 0.0 | 2.69 | 21.72 | 0.0 | 44.12 | 0.0 | 0.0 | 2.8 | 0.0 | 0.0 | 2.0 | 0.0 | 0.0 | -4.43 | 45.91 | 0.0 | 0.38 | 111.21 | 0.0 | -4.15 | 5.68 | 0.0 | -8.58 | 31.85 | 0.0 | 0.00 | -29.03 | 0.0 |
