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) | 16.98 | -21.5 | 57.21 | 24.83 | 34.42 | 28.58 | 0 | 0 | 132.24 | -9.86 | 8.01 | -22.83 | 25.64 | 8.09 | 19.39 | 19.92 | 106.13 | 24.0 | 33.56 | 3.23 | 55.39 | -13.14 | 1.86 | 0.0 | 66.49 | 3.65 | 5.69 | 21.58 | 5.12 | 7.11 | 18.69 | 20.66 | 29.49 | 18.2 | 0.95 | 2275.0 | 19.64 | 26.46 | 0.06 | -3.3 |
| 2022 (9) | 21.63 | 23.11 | 45.83 | -32.22 | 26.77 | -48.42 | 0 | 0 | 146.71 | -14.61 | 10.38 | 19.59 | 23.72 | -26.84 | 16.17 | -14.31 | 85.59 | 4.04 | 32.51 | 15.08 | 63.77 | 138.13 | 1.86 | 7.51 | 64.15 | 0.5 | 4.68 | 30.36 | 4.78 | -2.65 | 15.49 | 23.23 | 24.95 | 18.41 | 0.04 | 0 | 15.53 | 34.93 | 0.06 | -2.76 |
| 2021 (8) | 17.57 | 6.55 | 67.62 | 5.77 | 51.9 | 37.23 | 0 | 0 | 171.82 | 23.18 | 8.68 | 7.69 | 32.42 | 23.27 | 18.87 | 0.08 | 82.27 | 17.71 | 28.25 | 20.16 | 26.78 | -53.03 | 1.73 | -6.99 | 63.83 | 9.11 | 3.59 | 28.67 | 4.91 | -23.04 | 12.57 | 56.93 | 21.07 | 22.71 | -1.06 | 0 | 11.51 | 84.46 | 0.06 | 6.62 |
| 2020 (7) | 16.49 | -44.38 | 63.93 | -1.74 | 37.82 | -52.41 | 0 | 0 | 139.49 | -13.77 | 8.06 | 0 | 26.3 | -14.02 | 18.85 | -0.29 | 69.89 | -3.37 | 23.51 | 6.19 | 57.01 | 9.24 | 1.86 | -31.11 | 58.5 | 2.31 | 2.79 | -55.0 | 6.38 | 0.0 | 8.01 | 0 | 17.17 | 87.24 | -1.77 | 0 | 6.24 | 0 | 0.06 | -1.95 |
| 2019 (6) | 29.65 | 19.85 | 65.06 | 3.37 | 79.47 | 122.11 | 0 | 0 | 161.77 | -18.34 | -5.09 | 0 | 30.59 | -10.87 | 18.91 | 9.15 | 72.33 | -8.62 | 22.14 | 88.11 | 52.19 | -49.37 | 2.7 | 4.65 | 57.18 | 7.87 | 6.2 | 9.54 | 6.38 | 72.9 | -3.41 | 0 | 9.17 | -49.36 | 0.55 | 0 | -2.86 | 0 | 0.06 | -14.39 |
| 2018 (5) | 24.74 | -19.26 | 62.94 | -19.62 | 35.78 | 11.39 | 0 | 0 | 198.1 | 4.38 | 5.44 | -7.64 | 34.32 | 6.39 | 17.32 | 1.92 | 79.15 | -13.04 | 11.77 | 34.51 | 103.08 | -4.77 | 2.58 | 0.0 | 53.01 | -0.88 | 5.66 | 11.64 | 3.69 | 1.37 | 8.76 | 47.47 | 18.11 | 23.62 | -4.74 | 0 | 4.02 | 3.34 | 0.07 | -14.06 |
| 2017 (4) | 30.64 | 3.65 | 78.3 | 0.68 | 32.12 | -53.85 | 0 | 0 | 189.78 | 1.11 | 5.89 | 0 | 32.26 | 8.0 | 17.00 | 6.81 | 91.02 | -0.09 | 8.75 | -3.85 | 108.24 | 78.79 | 2.58 | -7.19 | 53.48 | 18.5 | 5.07 | -10.74 | 3.64 | 0.0 | 5.94 | 0 | 14.65 | 68.2 | -2.05 | 0 | 3.89 | 0 | 0.08 | -75.98 |
| 2016 (3) | 29.56 | -5.92 | 77.77 | 39.07 | 69.6 | 5.07 | 0 | 0 | 187.69 | 6.89 | -1.0 | 0 | 29.87 | 0.71 | 15.91 | -5.78 | 91.1 | 12.16 | 9.1 | -14.15 | 60.54 | -20.15 | 2.78 | -2.8 | 45.13 | 0.0 | 5.68 | 6.77 | 3.64 | 0.0 | -0.61 | 0 | 8.71 | -23.86 | -1.46 | 0 | -2.07 | 0 | 0.32 | -4.21 |
| 2015 (2) | 31.42 | -10.81 | 55.92 | 15.39 | 66.24 | 55.2 | 0 | 0 | 175.59 | -12.18 | 3.63 | 505.0 | 29.66 | -11.57 | 16.89 | 0.7 | 81.22 | -6.41 | 10.6 | -24.72 | 75.82 | -15.83 | 2.86 | 38.16 | 45.13 | -11.98 | 5.32 | 2.9 | 3.64 | 82.0 | 2.48 | 25.25 | 11.44 | 25.03 | 1.43 | -50.69 | 3.91 | -19.88 | 0.34 | -2.34 |
| 2014 (1) | 35.23 | 21.32 | 48.46 | 17.08 | 42.68 | 24.03 | 0 | 0 | 199.94 | 1.92 | 0.6 | -91.9 | 33.54 | -1.09 | 16.78 | -2.95 | 86.78 | 26.98 | 14.08 | 159.3 | 90.08 | 28.01 | 2.07 | 5.61 | 51.27 | 13.76 | 5.17 | 16.7 | 2.0 | 0.0 | 1.98 | -79.27 | 9.15 | -42.74 | 2.9 | 132.0 | 4.88 | -54.81 | 0.34 | 17.32 |
| 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) | 28.62 | 5.88 | 77.43 | 76.88 | 34.95 | 27.71 | 35.61 | -27.64 | 3.25 | 0 | 0 | 0 | 43.35 | -15.02 | 37.18 | 1.68 | -63.48 | -29.41 | 26.79 | -6.62 | -0.11 | 16.19 | -13.25 | -25.69 | 132.21 | 4.51 | 39.8 | 33.7 | 1.17 | 3.56 | 74.59 | 44.3 | 49.03 | 2.87 | -1.37 | 47.18 | 67.92 | 0.0 | 3.19 | 6.77 | 0.0 | 18.98 | 5.61 | 0.0 | 9.57 | 22.28 | 14.55 | 42.64 | 34.66 | 8.93 | 31.14 | 4.11 | -31.16 | 181.51 | 26.39 | 3.82 | 54.51 | 0.04 | -15.37 | -23.35 |
| 24Q2 (19) | 27.03 | 5.88 | 22.14 | 56.97 | -8.83 | 0.32 | 49.21 | -6.94 | 49.57 | 0 | 0 | 0 | 51.01 | 65.19 | 64.39 | 4.6 | 138.34 | 80.39 | 28.69 | 12.6 | 21.77 | 18.67 | -2.04 | 0.7 | 126.51 | 2.01 | 43.47 | 33.31 | 0.48 | 4.29 | 51.69 | 15.77 | 3.34 | 2.91 | 1.04 | 54.79 | 67.92 | 0.91 | 3.69 | 6.77 | 18.98 | 18.98 | 5.61 | 9.57 | 9.57 | 19.45 | 28.3 | 58.91 | 31.82 | 22.53 | 38.11 | 5.97 | 43.17 | 2495.65 | 25.42 | 31.51 | 103.85 | 0.05 | -17.14 | -16.14 |
| 24Q1 (18) | 25.53 | 50.35 | 24.54 | 62.49 | 9.23 | 24.63 | 52.88 | 53.63 | 84.57 | 0 | 0 | 0 | 30.88 | -23.16 | 4.96 | 1.93 | -11.87 | 116.85 | 25.48 | -0.62 | 10.73 | 19.06 | -1.71 | 13.68 | 124.02 | 16.86 | 45.72 | 33.15 | -1.22 | 1.28 | 44.65 | -19.39 | -18.74 | 2.88 | 54.84 | 56.52 | 67.31 | 1.23 | 3.76 | 5.69 | 0.0 | 21.58 | 5.12 | 0.0 | 7.11 | 15.16 | -18.89 | 47.33 | 25.97 | -11.94 | 31.49 | 4.17 | 338.95 | 253.39 | 19.33 | -1.58 | 68.53 | 0.06 | 3.51 | -2.08 |
| 23Q4 (17) | 16.98 | 5.27 | -21.5 | 57.21 | -4.97 | 24.83 | 34.42 | -0.2 | 28.58 | 0 | 0 | 0 | 40.19 | 27.18 | 29.56 | 2.19 | -7.98 | -9.13 | 25.64 | -4.4 | 8.09 | 19.39 | -11.03 | 19.92 | 106.13 | 12.22 | 24.0 | 33.56 | 3.13 | 3.23 | 55.39 | 10.67 | -13.14 | 1.86 | -4.62 | 0.0 | 66.49 | 1.02 | 3.65 | 5.69 | 0.0 | 21.58 | 5.12 | 0.0 | 7.11 | 18.69 | 19.65 | 20.66 | 29.49 | 11.58 | 18.2 | 0.95 | -34.93 | 2275.0 | 19.64 | 14.99 | 26.46 | 0.06 | 5.59 | -3.3 |
| 23Q3 (16) | 16.13 | -27.11 | -2.3 | 60.2 | 6.0 | 20.14 | 34.49 | 4.83 | 24.29 | 0 | 0 | 0 | 31.6 | 1.84 | -11.29 | 2.38 | -6.67 | -8.11 | 26.82 | 13.84 | -2.86 | 21.79 | 17.56 | 24.96 | 94.57 | 7.25 | 9.85 | 32.54 | 1.88 | 10.01 | 50.05 | 0.06 | -16.28 | 1.95 | 3.72 | 1.56 | 65.82 | 0.49 | 2.76 | 5.69 | 0.0 | 21.58 | 5.12 | 0.0 | 7.11 | 15.62 | 27.61 | 13.93 | 26.43 | 14.71 | 14.07 | 1.46 | 534.78 | 347.46 | 17.08 | 36.97 | 30.18 | 0.05 | -7.4 | -6.35 |
| 23Q2 (15) | 22.13 | 7.95 | 51.68 | 56.79 | 13.26 | 6.85 | 32.9 | 14.83 | 18.18 | 0 | 0 | 0 | 31.03 | 5.47 | -24.68 | 2.55 | 186.52 | 24.39 | 23.56 | 2.39 | -25.89 | 18.54 | 10.58 | -3.02 | 88.18 | 3.61 | 1.53 | 31.94 | -2.41 | 9.61 | 50.02 | -8.97 | -18.61 | 1.88 | 2.17 | 3.87 | 65.5 | 0.97 | 2.62 | 5.69 | 21.58 | 21.58 | 5.12 | 7.11 | 7.11 | 12.24 | 18.95 | 8.8 | 23.04 | 16.66 | 11.3 | 0.23 | -80.51 | 114.56 | 12.47 | 8.72 | 28.96 | 0.06 | -3.25 | -7.22 |
| 23Q1 (14) | 20.5 | -5.22 | -5.4 | 50.14 | 9.4 | -8.2 | 28.65 | 7.02 | -12.71 | 0 | 0 | 0 | 29.42 | -5.16 | -24.31 | 0.89 | -63.07 | -73.27 | 23.01 | -2.99 | -27.55 | 16.76 | 3.69 | -9.58 | 85.11 | -0.56 | -0.98 | 32.73 | 0.68 | 12.9 | 54.95 | -13.83 | -3.75 | 1.84 | -1.08 | 4.55 | 64.87 | 1.12 | 1.63 | 4.68 | 0.0 | 30.36 | 4.78 | 0.0 | -2.65 | 10.29 | -33.57 | 3.31 | 19.75 | -20.84 | 7.05 | 1.18 | 2850.0 | 268.75 | 11.47 | -26.14 | 11.58 | 0.06 | 2.22 | -2.24 |
| 22Q4 (13) | 21.63 | 31.01 | 23.11 | 45.83 | -8.54 | -32.22 | 26.77 | -3.53 | -48.42 | 0 | 0 | 0 | 31.02 | -12.91 | -27.23 | 2.41 | -6.95 | 89.76 | 23.72 | -14.09 | -26.84 | 16.17 | -7.29 | -14.31 | 85.59 | -0.58 | 4.04 | 32.51 | 9.91 | 15.08 | 63.77 | 6.67 | 138.13 | 1.86 | -3.12 | 7.51 | 64.15 | 0.16 | 0.5 | 4.68 | 0.0 | 30.36 | 4.78 | 0.0 | -2.65 | 15.49 | 12.98 | 23.23 | 24.95 | 7.68 | 18.41 | 0.04 | 106.78 | 103.77 | 15.53 | 18.37 | 34.93 | 0.06 | 2.25 | -2.76 |
| 22Q3 (12) | 16.51 | 13.16 | -5.01 | 50.11 | -5.72 | -23.16 | 27.75 | -0.32 | -46.57 | 0 | 0 | 0 | 35.62 | -13.54 | -18.3 | 2.59 | 26.34 | 137.76 | 27.61 | -13.15 | -15.02 | 17.44 | -8.77 | -9.27 | 86.09 | -0.88 | 6.0 | 29.58 | 1.51 | 20.29 | 59.78 | -2.73 | 60.05 | 1.92 | 6.08 | 9.09 | 64.05 | 0.34 | 0.38 | 4.68 | 0.0 | 30.36 | 4.78 | 0.0 | -2.65 | 13.71 | 21.87 | 22.63 | 23.17 | 11.93 | 17.79 | -0.59 | 62.66 | 61.18 | 13.12 | 35.68 | 35.82 | 0.06 | -8.26 | 48.13 |
| 22Q2 (11) | 14.59 | -32.67 | -20.23 | 53.15 | -2.69 | -17.9 | 27.84 | -15.17 | -18.72 | 0 | 0 | 0 | 41.2 | 5.99 | -10.84 | 2.05 | -38.44 | -52.66 | 31.79 | 0.09 | -3.9 | 19.12 | 3.11 | -6.96 | 86.85 | 1.05 | 10.43 | 29.14 | 0.52 | 20.46 | 61.46 | 7.65 | 21.82 | 1.81 | 2.84 | 1.69 | 63.83 | 0.0 | 7.26 | 4.68 | 30.36 | 67.74 | 4.78 | -2.65 | -25.08 | 11.25 | 12.95 | -43.83 | 20.7 | 12.2 | -29.11 | -1.58 | -593.75 | -167.8 | 9.67 | -5.93 | -50.26 | 0.06 | 1.95 | 44.26 |
| 22Q1 (10) | 21.67 | 23.34 | 35.69 | 54.62 | -19.23 | -10.11 | 32.82 | -36.76 | -5.23 | 0 | 0 | 0 | 38.87 | -8.82 | -1.3 | 3.33 | 162.2 | -66.5 | 31.76 | -2.04 | 8.84 | 18.54 | -1.74 | -6.4 | 85.95 | 4.47 | 19.64 | 28.99 | 2.62 | 21.65 | 57.09 | 113.18 | 1.37 | 1.76 | 1.73 | -4.86 | 63.83 | 0.0 | 10.84 | 3.59 | 0.0 | 28.67 | 4.91 | 0.0 | -23.04 | 9.96 | -20.76 | -32.24 | 18.45 | -12.43 | -22.71 | 0.32 | 130.19 | -40.74 | 10.28 | -10.69 | -32.55 | 0.06 | 1.68 | 45.72 |
| 21Q4 (9) | 17.57 | 1.09 | 6.55 | 67.62 | 3.7 | 5.77 | 51.9 | -0.08 | 37.23 | 0 | 0 | 0 | 42.63 | -2.22 | 7.0 | 1.27 | 118.51 | 131.28 | 32.42 | -0.22 | 23.27 | 18.87 | -1.84 | 0.08 | 82.27 | 1.29 | 17.71 | 28.25 | 14.88 | 20.16 | 26.78 | -28.3 | -53.03 | 1.73 | -1.7 | -6.99 | 63.83 | 0.03 | 9.11 | 3.59 | 0.0 | 28.67 | 4.91 | 0.0 | -23.04 | 12.57 | 12.43 | 56.93 | 21.07 | 7.12 | 22.71 | -1.06 | 30.26 | 40.11 | 11.51 | 19.15 | 84.46 | 0.06 | 55.75 | 6.62 |
| 21Q3 (8) | 17.38 | -4.98 | -21.11 | 65.21 | 0.73 | -5.82 | 51.94 | 51.65 | 33.25 | 0 | 0 | 0 | 43.6 | -5.65 | 22.58 | -6.86 | -258.43 | -165.21 | 32.49 | -1.78 | 29.8 | 19.22 | -6.45 | 7.58 | 81.22 | 3.27 | 14.78 | 24.59 | 1.65 | 8.37 | 37.35 | -25.97 | -41.39 | 1.76 | -1.12 | -27.57 | 63.81 | 7.23 | 11.95 | 3.59 | 28.67 | 28.67 | 4.91 | -23.04 | -23.04 | 11.18 | -44.18 | -6.37 | 19.67 | -32.64 | -6.82 | -1.52 | -157.63 | 41.31 | 9.66 | -50.31 | 3.32 | 0.04 | -10.65 | -18.84 |
| 21Q2 (7) | 18.29 | 14.53 | -51.19 | 64.74 | 6.55 | -2.92 | 34.25 | -1.1 | 0 | 0 | 0 | 0 | 46.21 | 17.34 | 42.05 | 4.33 | -56.44 | 26.61 | 33.08 | 13.37 | 43.08 | 20.55 | 3.73 | 0 | 78.65 | 9.48 | 12.36 | 24.19 | 1.51 | 8.62 | 50.45 | -10.42 | -39.74 | 1.78 | -3.78 | -31.54 | 59.51 | 3.33 | 4.4 | 2.79 | 0.0 | 0.0 | 6.38 | 0.0 | 0.0 | 20.03 | 36.26 | 1406.02 | 29.2 | 22.33 | 178.36 | -0.59 | -209.26 | 29.76 | 19.44 | 27.56 | 3867.35 | 0.04 | 2.99 | -15.52 |
| 21Q1 (6) | 15.97 | -3.15 | -43.85 | 60.76 | -4.96 | -8.45 | 34.63 | -8.43 | -53.55 | 0 | 0 | 0 | 39.38 | -1.15 | 24.82 | 9.94 | 344.83 | 649.17 | 29.18 | 10.95 | 10.7 | 19.81 | 5.05 | 0 | 71.84 | 2.79 | -0.69 | 23.83 | 1.36 | 7.44 | 56.32 | -1.21 | 8.66 | 1.85 | -0.54 | -30.71 | 57.59 | -1.56 | 1.04 | 2.79 | 0.0 | -55.0 | 6.38 | 0.0 | 0.0 | 14.7 | 83.52 | 368.25 | 23.87 | 39.02 | 236.2 | 0.54 | 130.51 | 147.79 | 15.24 | 144.23 | 330.56 | 0.04 | -25.61 | -29.28 |
| 20Q4 (5) | 16.49 | -25.15 | -44.38 | 63.93 | -7.67 | -1.74 | 37.82 | -2.98 | 0 | 0 | 0 | 0 | 39.84 | 12.0 | -1.48 | -4.06 | -138.59 | 26.18 | 26.3 | 5.07 | -14.02 | 18.85 | 5.53 | 0 | 69.89 | -1.23 | -3.37 | 23.51 | 3.61 | 6.19 | 57.01 | -10.54 | 9.24 | 1.86 | -23.46 | -31.11 | 58.5 | 2.63 | 2.31 | 2.79 | 0.0 | -55.0 | 6.38 | 0.0 | 0.0 | 8.01 | -32.91 | 334.9 | 17.17 | -18.66 | 87.24 | -1.77 | 31.66 | -421.82 | 6.24 | -33.26 | 318.18 | 0.06 | 18.56 | -1.95 |
| 20Q3 (4) | 22.03 | -41.21 | 0.0 | 69.24 | 3.82 | 0.0 | 38.98 | 0 | 0.0 | 0 | 0 | 0.0 | 35.57 | 9.35 | 0.0 | 10.52 | 207.6 | 0.0 | 25.03 | 8.26 | 0.0 | 17.87 | 0 | 0.0 | 70.76 | 1.09 | 0.0 | 22.69 | 1.89 | 0.0 | 63.73 | -23.88 | 0.0 | 2.43 | -6.54 | 0.0 | 57.0 | 0.0 | 0.0 | 2.79 | 0.0 | 0.0 | 6.38 | 0.0 | 0.0 | 11.94 | 797.74 | 0.0 | 21.11 | 101.24 | 0.0 | -2.59 | -208.33 | 0.0 | 9.35 | 1808.16 | 0.0 | 0.05 | -7.0 | 0.0 |
