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) | 37.33 | -16.73 | 5.7 | -47.9 | 24.22 | 758.87 | 0 | 0 | 168.6 | -8.22 | 7.51 | 9.16 | 78.68 | 38.42 | 46.67 | 50.83 | 15.8 | -24.0 | 1.67 | -65.92 | 2.28 | -90.35 | 0.52 | 1.96 | 50.49 | 0.0 | 11.56 | 6.35 | 9.29 | -13.66 | 23.4 | 19.51 | 44.25 | 7.38 | -10.97 | 0 | 12.43 | 20.8 | 0.11 | -15.19 |
| 2022 (9) | 44.83 | 47.22 | 10.94 | 78.76 | 2.82 | 24.78 | 0 | 0 | 183.71 | -18.72 | 6.88 | 26.7 | 56.84 | -12.41 | 30.94 | 7.77 | 20.79 | -28.26 | 4.9 | -3.16 | 23.63 | -23.85 | 0.51 | -45.16 | 50.49 | 0.0 | 10.87 | 9.47 | 10.76 | 44.82 | 19.58 | -4.25 | 41.21 | 8.99 | -9.29 | 0 | 10.29 | 6.19 | 0.13 | -6.39 |
| 2021 (8) | 30.45 | -14.87 | 6.12 | -67.15 | 2.26 | 0 | 0 | 0 | 226.02 | 16.99 | 5.43 | -23.41 | 64.89 | -24.26 | 28.71 | -35.26 | 28.98 | 26.66 | 5.06 | -2.32 | 31.03 | -33.74 | 0.93 | -4.12 | 50.49 | 0.0 | 9.93 | 7.58 | 7.43 | -38.03 | 20.45 | 91.84 | 37.81 | 18.56 | -10.76 | 0 | 9.69 | 200.0 | 0.14 | -3.4 |
| 2020 (7) | 35.77 | 208.89 | 18.63 | -25.48 | 0 | 0 | 0 | 0 | 193.2 | -4.04 | 7.09 | 8.08 | 85.68 | 6.62 | 44.35 | 11.11 | 22.88 | -8.0 | 5.18 | -0.19 | 46.83 | -15.01 | 0.97 | -2.02 | 50.49 | -0.22 | 9.23 | 7.58 | 11.99 | 38.77 | 10.66 | 3.9 | 31.89 | 16.09 | -7.43 | 0 | 3.23 | 0 | 0.14 | -13.08 |
| 2019 (6) | 11.58 | -31.56 | 25.0 | -37.41 | 0 | 0 | 0 | 0 | 201.33 | -10.44 | 6.56 | -40.42 | 80.36 | -6.5 | 39.91 | 4.39 | 24.87 | -6.89 | 5.19 | 177.54 | 55.1 | 64.72 | 0.99 | 130.23 | 50.6 | 0.0 | 8.58 | 14.71 | 8.64 | 51.58 | 10.26 | -25.6 | 27.47 | 1.85 | -11.99 | 0 | -1.73 | 0 | 0.16 | 2.59 |
| 2018 (5) | 16.92 | -9.81 | 39.94 | 25.48 | 2.76 | -18.82 | 0 | 0 | 224.79 | 13.38 | 11.01 | 7.84 | 85.95 | -7.02 | 38.24 | -17.99 | 26.71 | 6.63 | 1.87 | 3.89 | 33.45 | 51.63 | 0.43 | 186.67 | 50.6 | 2.7 | 7.48 | 15.97 | 5.7 | 17.77 | 13.79 | 6.08 | 26.97 | 10.99 | -8.64 | 0 | 5.15 | -29.45 | 0.16 | -3.32 |
| 2017 (4) | 18.76 | -28.1 | 31.83 | -13.97 | 3.4 | 0 | 0 | 0 | 198.27 | 12.18 | 10.21 | -22.89 | 92.44 | 41.48 | 46.62 | 26.11 | 25.05 | 13.14 | 1.8 | 5.26 | 22.06 | 85.22 | 0.15 | -11.76 | 49.27 | 1.36 | 6.45 | 25.73 | 4.84 | -10.2 | 13.0 | -12.99 | 24.3 | -4.56 | -5.7 | 0 | 7.3 | -30.67 | 0.16 | -1.82 |
| 2016 (3) | 26.09 | -38.5 | 37.0 | 13.08 | 0 | 0 | 0 | 0 | 176.74 | 13.08 | 13.24 | 52.36 | 65.34 | 29.72 | 36.97 | 14.72 | 22.14 | 25.01 | 1.71 | -2.84 | 11.91 | -5.02 | 0.17 | 13.33 | 48.61 | 3.78 | 5.13 | 20.42 | 5.39 | 0.0 | 14.94 | 35.82 | 25.46 | 23.29 | -4.41 | 0 | 10.53 | -22.69 | 0.17 | -24.77 |
| 2015 (2) | 42.42 | -7.74 | 32.72 | -9.34 | 10.21 | 222.08 | 0 | 0 | 156.3 | -13.78 | 8.69 | -19.46 | 50.37 | -14.76 | 32.23 | -1.14 | 17.71 | -22.19 | 1.76 | -7.37 | 12.54 | 32.0 | 0.15 | 7.14 | 46.84 | 0.0 | 4.26 | 33.96 | 5.39 | 0.0 | 11.0 | -14.86 | 20.65 | -3.91 | 2.62 | -50.57 | 13.62 | -25.25 | 0.22 | 0.79 |
| 2014 (1) | 45.98 | 38.16 | 36.09 | 3.44 | 3.17 | 6.38 | 0 | 0 | 181.27 | 10.04 | 10.79 | 17.79 | 59.09 | 48.92 | 32.60 | 35.33 | 22.76 | 15.94 | 1.9 | 6.74 | 9.5 | -20.3 | 0.14 | 0.0 | 46.84 | 2.99 | 3.18 | 40.09 | 5.39 | 0.0 | 12.92 | 14.13 | 21.49 | 13.22 | 5.3 | 237.58 | 18.22 | 41.35 | 0.22 | 16.11 |
| 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) | 38.73 | 21.07 | -0.23 | 25.0 | 177.78 | 575.68 | 4.36 | -78.59 | -78.12 | 0 | 0 | 0 | 49.83 | -19.09 | 22.52 | 1.48 | -54.6 | -30.84 | 87.5 | -13.82 | 13.75 | 42.74 | -17.67 | -11.26 | 22.84 | 11.69 | 41.69 | 1.69 | -2.87 | -1.74 | 6.69 | -3.18 | -23.89 | 0.62 | 8.77 | 12.73 | 50.49 | 0.0 | 0.0 | 12.32 | 0.0 | 6.57 | 10.97 | 0.0 | 18.08 | 22.9 | 6.91 | 5.53 | 46.19 | 3.31 | 8.55 | -6.83 | -17.35 | 5.53 | 16.07 | 3.01 | 11.06 | 0.08 | -0.82 | -35.63 |
| 24Q2 (19) | 31.99 | -14.58 | -13.63 | 9.0 | 57.89 | 53.85 | 20.36 | -4.68 | 418.07 | 0 | 0 | 0 | 61.59 | 24.9 | 36.53 | 3.26 | 30.4 | 23.95 | 101.53 | 20.5 | 38.85 | 51.92 | 10.34 | 11.55 | 20.45 | 15.8 | 29.27 | 1.74 | 0.58 | 6.1 | 6.91 | 16.72 | -72.38 | 0.57 | 1.79 | 9.62 | 50.49 | 0.0 | 0.0 | 12.32 | 6.57 | 6.57 | 10.97 | 18.08 | 18.08 | 21.42 | 2.49 | 9.51 | 44.71 | 7.09 | 10.61 | -5.82 | 16.74 | 47.8 | 15.6 | 12.15 | 85.49 | 0.08 | -24.69 | -36.35 |
| 24Q1 (18) | 37.45 | 0.32 | -4.76 | 5.7 | 0.0 | 28.09 | 21.36 | -11.81 | 629.01 | 0 | 0 | 0 | 49.31 | 12.09 | 26.99 | 2.5 | 49.7 | 131.48 | 84.26 | 7.09 | 36.41 | 47.05 | 0.82 | 27.07 | 17.66 | 11.77 | -13.9 | 1.73 | 3.59 | -65.05 | 5.92 | 159.65 | -74.73 | 0.56 | 7.69 | 7.69 | 50.49 | 0.0 | 0.0 | 11.56 | 0.0 | 6.35 | 9.29 | 0.0 | -13.66 | 20.9 | -10.68 | 29.33 | 41.75 | -5.65 | 10.48 | -6.99 | 36.28 | 21.55 | 13.91 | 11.91 | 91.86 | 0.11 | 1.9 | -17.2 |
| 23Q4 (17) | 37.33 | -3.84 | -16.73 | 5.7 | 54.05 | -47.9 | 24.22 | 21.53 | 758.87 | 0 | 0 | 0 | 43.99 | 8.16 | 25.33 | 1.67 | -21.96 | 45.22 | 78.68 | 2.29 | 38.42 | 46.67 | -3.11 | 50.83 | 15.8 | -1.99 | -24.0 | 1.67 | -2.91 | -65.92 | 2.28 | -74.06 | -90.35 | 0.52 | -5.45 | 1.96 | 50.49 | 0.0 | 0.0 | 11.56 | 0.0 | 6.35 | 9.29 | 0.0 | -13.66 | 23.4 | 7.83 | 19.51 | 44.25 | 4.0 | 7.38 | -10.97 | -51.73 | -18.08 | 12.43 | -14.1 | 20.8 | 0.11 | -15.43 | -15.19 |
| 23Q3 (16) | 38.82 | 4.81 | -12.86 | 3.7 | -36.75 | -74.92 | 19.93 | 407.12 | 3014.06 | 0 | 0 | 0 | 40.67 | -9.84 | 6.83 | 2.14 | -18.63 | 34.59 | 76.92 | 5.2 | 17.26 | 48.16 | 3.48 | 48.25 | 16.12 | 1.9 | -22.83 | 1.72 | 4.88 | -65.81 | 8.79 | -64.87 | -66.81 | 0.55 | 5.77 | -38.89 | 50.49 | 0.0 | 0.0 | 11.56 | 0.0 | 6.35 | 9.29 | 0.0 | -13.66 | 21.7 | 10.94 | 17.87 | 42.55 | 5.27 | 6.27 | -7.23 | 35.16 | 7.78 | 14.47 | 72.06 | 36.9 | 0.13 | -1.92 | -1.94 |
| 23Q2 (15) | 37.04 | -5.8 | -6.49 | 5.85 | 31.46 | -49.53 | 3.93 | 34.13 | 835.71 | 0 | 0 | 0 | 45.11 | 16.17 | -17.71 | 2.63 | 143.52 | -2.95 | 73.12 | 18.37 | -2.31 | 46.54 | 25.69 | 33.96 | 15.82 | -22.87 | -32.48 | 1.64 | -66.87 | -67.27 | 25.02 | 6.79 | -17.32 | 0.52 | 0.0 | -42.86 | 50.49 | 0.0 | 0.0 | 11.56 | 6.35 | 6.35 | 9.29 | -13.66 | -13.66 | 19.56 | 21.04 | 16.36 | 40.42 | 6.96 | 5.12 | -11.15 | -25.14 | -25.99 | 8.41 | 16.0 | 5.65 | 0.13 | -2.04 | -2.69 |
| 23Q1 (14) | 39.32 | -12.29 | 15.0 | 4.45 | -59.32 | -50.77 | 2.93 | 3.9 | 17.67 | 0 | 0 | 0 | 38.83 | 10.63 | -30.31 | 1.08 | -6.09 | -24.48 | 61.77 | 8.67 | -12.36 | 37.03 | 19.68 | 17.39 | 20.51 | -1.35 | -19.41 | 4.95 | 1.02 | -4.99 | 23.43 | -0.85 | -21.8 | 0.52 | 1.96 | -43.48 | 50.49 | 0.0 | 0.0 | 10.87 | 0.0 | 9.47 | 10.76 | 0.0 | 44.82 | 16.16 | -17.47 | -26.14 | 37.79 | -8.3 | -3.7 | -8.91 | 4.09 | -26.03 | 7.25 | -29.54 | -51.05 | 0.13 | 4.38 | -0.11 |
| 22Q4 (13) | 44.83 | 0.63 | 47.22 | 10.94 | -25.83 | 78.76 | 2.82 | 340.62 | 24.78 | 0 | 0 | 0 | 35.1 | -7.8 | -34.17 | 1.15 | -27.67 | 721.43 | 56.84 | -13.35 | -12.41 | 30.94 | -4.76 | 7.77 | 20.79 | -0.48 | -28.26 | 4.9 | -2.58 | -3.16 | 23.63 | -10.76 | -23.85 | 0.51 | -43.33 | -45.16 | 50.49 | 0.0 | 0.0 | 10.87 | 0.0 | 9.47 | 10.76 | 0.0 | 44.82 | 19.58 | 6.36 | -4.25 | 41.21 | 2.92 | 8.99 | -9.29 | -18.49 | 13.66 | 10.29 | -2.65 | 6.19 | 0.13 | -2.21 | -6.39 |
| 22Q3 (12) | 44.55 | 12.47 | 55.28 | 14.75 | 27.26 | -1.8 | 0.64 | 52.38 | -86.47 | 0 | 0 | 0 | 38.07 | -30.55 | -26.19 | 1.59 | -41.33 | -14.52 | 65.6 | -12.36 | -18.77 | 32.49 | -6.49 | -9.67 | 20.89 | -10.84 | -15.49 | 5.03 | 0.4 | 0.0 | 26.48 | -12.49 | -17.2 | 0.9 | -1.1 | -3.23 | 50.49 | 0.0 | 0.0 | 10.87 | 0.0 | 9.47 | 10.76 | 0.0 | 44.82 | 18.41 | 9.52 | -7.63 | 40.04 | 4.14 | 7.37 | -7.84 | 11.41 | 30.68 | 10.57 | 32.79 | 22.62 | 0.13 | -2.68 | -4.27 |
| 22Q2 (11) | 39.61 | 15.85 | 39.47 | 11.59 | 28.21 | -12.86 | 0.42 | -83.13 | -93.77 | 0 | 0 | 0 | 54.82 | -1.62 | -12.73 | 2.71 | 89.51 | 31.55 | 74.85 | 6.2 | -22.31 | 34.74 | 10.14 | -20.84 | 23.43 | -7.94 | -20.06 | 5.01 | -3.84 | -0.6 | 30.26 | 1.0 | -8.25 | 0.91 | -1.09 | -5.21 | 50.49 | 0.0 | 0.0 | 10.87 | 9.47 | 17.77 | 10.76 | 44.82 | -10.26 | 16.81 | -23.17 | -3.28 | 38.45 | -2.01 | -0.41 | -8.85 | -25.18 | 15.47 | 7.96 | -46.25 | 15.2 | 0.13 | 0.57 | -0.73 |
| 22Q1 (10) | 34.19 | 12.28 | 32.31 | 9.04 | 47.71 | -36.74 | 2.49 | 10.18 | 0 | 0 | 0 | 0 | 55.72 | 4.5 | -4.43 | 1.43 | 921.43 | 5.15 | 70.48 | 8.61 | -18.32 | 31.54 | 9.87 | -23.56 | 25.45 | -12.18 | -2.12 | 5.21 | 2.96 | 0.58 | 29.96 | -3.45 | -28.38 | 0.92 | -1.08 | -5.15 | 50.49 | 0.0 | 0.0 | 9.93 | 0.0 | 7.58 | 7.43 | 0.0 | -38.03 | 21.88 | 6.99 | 46.16 | 39.24 | 3.78 | 8.43 | -7.07 | 34.29 | 23.48 | 14.81 | 52.84 | 158.46 | 0.13 | -2.18 | -3.39 |
| 21Q4 (9) | 30.45 | 6.13 | -14.87 | 6.12 | -59.25 | -67.15 | 2.26 | -52.22 | 0 | 0 | 0 | 0 | 53.32 | 3.37 | 2.84 | 0.14 | -92.47 | -90.07 | 64.89 | -19.65 | -24.26 | 28.71 | -20.17 | -35.26 | 28.98 | 17.23 | 26.66 | 5.06 | 0.6 | -2.32 | 31.03 | -2.97 | -33.74 | 0.93 | 0.0 | -4.12 | 50.49 | 0.0 | 0.0 | 9.93 | 0.0 | 7.58 | 7.43 | 0.0 | -38.03 | 20.45 | 2.61 | 91.84 | 37.81 | 1.39 | 18.56 | -10.76 | 4.86 | -44.82 | 9.69 | 12.41 | 200.0 | 0.14 | -0.0 | -3.4 |
| 21Q3 (8) | 28.69 | 1.02 | 40.16 | 15.02 | 12.93 | -30.14 | 4.73 | -29.82 | 0 | 0 | 0 | 0 | 51.58 | -17.89 | 10.81 | 1.86 | -9.71 | -14.29 | 80.76 | -16.18 | -6.08 | 35.97 | -18.06 | -21.35 | 24.72 | -15.66 | 23.91 | 5.03 | -0.2 | -0.98 | 31.98 | -3.03 | -39.75 | 0.93 | -3.12 | -1.06 | 50.49 | 0.0 | 0.0 | 9.93 | 7.58 | 7.58 | 7.43 | -38.03 | -38.03 | 19.93 | 14.67 | 115.69 | 37.29 | -3.42 | 22.38 | -11.31 | -8.02 | 17.86 | 8.62 | 24.75 | 290.29 | 0.14 | 0.92 | -9.56 |
| 21Q2 (7) | 28.4 | 9.91 | 39.15 | 13.3 | -6.93 | -34.03 | 6.74 | 0 | 0 | 0 | 0 | 0 | 62.82 | 7.75 | 19.89 | 2.06 | 51.47 | -3.29 | 96.35 | 11.66 | 11.79 | 43.89 | 6.36 | 0 | 29.31 | 12.73 | 58.78 | 5.04 | -2.7 | 0.0 | 32.98 | -21.16 | -39.44 | 0.96 | -1.03 | 2.13 | 50.49 | 0.0 | 0.0 | 9.23 | 0.0 | 0.0 | 11.99 | 0.0 | 0.0 | 17.38 | 16.1 | 145.83 | 38.61 | 6.69 | 36.43 | -10.47 | -13.31 | 35.57 | 6.91 | 20.59 | 175.27 | 0.13 | -2.12 | -13.61 |
| 21Q1 (6) | 25.84 | -27.76 | 41.43 | 14.29 | -23.3 | -50.09 | 0 | 0 | -100.0 | 0 | 0 | 0 | 58.3 | 12.44 | 37.5 | 1.36 | -3.55 | -1.45 | 86.29 | 0.71 | 12.01 | 41.27 | -6.95 | 0 | 26.0 | 13.64 | 6.21 | 5.18 | 0.0 | 0.39 | 41.83 | -10.68 | 23.94 | 0.97 | 0.0 | 0.0 | 50.49 | 0.0 | 0.0 | 9.23 | 0.0 | 7.58 | 11.99 | 0.0 | 38.77 | 14.97 | 40.43 | 30.4 | 36.19 | 13.48 | 26.14 | -9.24 | -24.36 | 36.54 | 5.73 | 77.4 | 286.04 | 0.14 | -2.2 | -15.77 |
| 20Q4 (5) | 35.77 | 74.74 | 208.89 | 18.63 | -13.35 | -25.48 | 0 | 0 | 0 | 0 | 0 | 0 | 51.85 | 11.39 | 11.03 | 1.41 | -35.02 | 50.0 | 85.68 | -0.36 | 6.62 | 44.35 | -3.02 | 0 | 22.88 | 14.69 | -8.0 | 5.18 | 1.97 | -0.19 | 46.83 | -11.77 | 3.81 | 0.97 | 3.19 | -2.02 | 50.49 | 0.0 | -0.22 | 9.23 | 0.0 | 7.58 | 11.99 | 0.0 | 38.77 | 10.66 | 15.37 | 3.9 | 31.89 | 4.66 | 16.09 | -7.43 | 46.04 | 38.03 | 3.23 | 171.3 | 286.71 | 0.14 | -6.38 | -13.08 |
| 20Q3 (4) | 20.47 | 0.29 | 0.0 | 21.5 | 6.65 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 46.55 | -11.16 | 0.0 | 2.17 | 1.88 | 0.0 | 85.99 | -0.23 | 0.0 | 45.73 | 0 | 0.0 | 19.95 | 8.07 | 0.0 | 5.08 | 0.79 | 0.0 | 53.08 | -2.53 | 0.0 | 0.94 | 0.0 | 0.0 | 50.49 | 0.0 | 0.0 | 9.23 | 0.0 | 0.0 | 11.99 | 0.0 | 0.0 | 9.24 | 30.69 | 0.0 | 30.47 | 7.67 | 0.0 | -13.77 | 15.26 | 0.0 | -4.53 | 50.65 | 0.0 | 0.15 | -3.6 | 0.0 |
