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) | 45.75 | 14.49 | 18.33 | -1.13 | 1.46 | 5.04 | 0 | 0 | 205.81 | -6.47 | 24.28 | 39.46 | 47.51 | -2.62 | 23.08 | 4.11 | 26.63 | -5.73 | 0.48 | -15.79 | 8.95 | -26.88 | 8.09 | 119.24 | 12.06 | 0.0 | 15.65 | 12.75 | 3.13 | 0.0 | 70.29 | 17.5 | 89.08 | 15.93 | 9.39 | -73.53 | 79.68 | -16.38 | 0.09 | 34.94 |
| 2022 (9) | 39.96 | 23.68 | 18.54 | -14.09 | 1.39 | -27.98 | 0 | 0 | 220.04 | 22.38 | 17.41 | 98.74 | 48.79 | 11.47 | 22.17 | -8.92 | 28.25 | -4.2 | 0.57 | 216.67 | 12.24 | -36.74 | 3.69 | -2.12 | 12.06 | 0.0 | 13.88 | 6.69 | 3.13 | 0.0 | 59.82 | 19.14 | 76.84 | 15.79 | 35.47 | -33.51 | 95.29 | -7.99 | 0.07 | 14.39 |
| 2021 (8) | 32.31 | -2.71 | 21.58 | 60.21 | 1.93 | 244.64 | 0 | 0 | 179.8 | 15.62 | 8.76 | -28.2 | 43.77 | 11.8 | 24.34 | -3.3 | 29.49 | 35.46 | 0.18 | -95.34 | 19.35 | 15.94 | 3.77 | 97.38 | 12.06 | 0.0 | 13.01 | 10.35 | 3.13 | 0.0 | 50.21 | -1.86 | 66.36 | 0.42 | 53.35 | 1419.94 | 103.56 | 89.43 | 0.06 | -26.6 |
| 2020 (7) | 33.21 | -11.27 | 13.47 | -1.75 | 0.56 | -84.18 | 0 | 0 | 155.51 | -9.13 | 12.2 | -0.65 | 39.15 | 2.76 | 25.18 | 13.08 | 21.77 | -2.86 | 3.86 | 13.2 | 16.69 | 9.51 | 1.91 | -1.55 | 12.06 | 0.0 | 11.79 | 11.65 | 3.13 | 0.0 | 51.16 | 7.91 | 66.08 | 8.15 | 3.51 | 9.35 | 54.67 | 8.0 | 0.08 | 7.47 |
| 2019 (6) | 37.43 | 1.74 | 13.71 | 5.79 | 3.54 | 33.58 | 0 | 0 | 171.14 | 6.82 | 12.28 | 82.47 | 38.1 | 1.22 | 22.26 | -5.24 | 22.41 | -4.52 | 3.41 | 10.0 | 15.24 | 9.48 | 1.94 | 48.09 | 12.06 | 0.0 | 10.56 | 6.77 | 3.13 | 0.0 | 47.41 | 12.67 | 61.1 | 10.89 | 3.21 | -60.07 | 50.62 | 1.0 | 0.08 | 10.09 |
| 2018 (5) | 36.79 | -4.86 | 12.96 | -0.84 | 2.65 | 679.41 | 0 | 0 | 160.22 | 9.63 | 6.73 | -23.7 | 37.64 | 14.62 | 23.49 | 4.55 | 23.47 | 4.22 | 3.1 | 4.73 | 13.92 | -13.22 | 1.31 | -7.09 | 12.06 | 11.05 | 9.89 | 9.77 | 3.13 | 0.0 | 42.08 | 1.18 | 55.1 | 2.55 | 8.04 | 0 | 50.12 | 29.61 | 0.07 | -13.53 |
| 2017 (4) | 38.67 | -9.59 | 13.07 | -23.16 | 0.34 | 0 | 0 | 0 | 146.15 | 0.97 | 8.82 | -33.43 | 32.84 | 4.25 | 22.47 | 3.25 | 22.52 | 31.77 | 2.96 | -23.32 | 16.04 | 39.12 | 1.41 | -2.76 | 10.86 | 4.93 | 9.01 | 17.32 | 3.13 | 0.0 | 41.59 | 6.56 | 53.73 | 7.8 | -2.92 | 0 | 38.67 | -0.8 | 0.08 | 71.79 |
| 2016 (3) | 42.77 | 49.81 | 17.01 | 36.19 | 0 | 0 | 0 | 0 | 144.74 | 0.36 | 13.25 | 28.39 | 31.5 | -3.11 | 21.76 | -3.45 | 17.09 | 3.83 | 3.86 | 11.56 | 11.53 | 19.73 | 1.45 | 2.84 | 10.35 | 11.53 | 7.68 | 15.49 | 3.13 | 0.0 | 39.03 | 28.9 | 49.84 | 24.41 | -0.05 | 0 | 38.98 | 22.16 | 0.05 | 5.06 |
| 2015 (2) | 28.55 | 65.32 | 12.49 | -16.06 | 0 | 0 | 0 | 0 | 144.22 | -0.57 | 10.32 | 55.66 | 32.51 | -13.12 | 22.54 | -12.63 | 16.46 | -5.18 | 3.46 | 10.54 | 9.63 | 7.36 | 1.41 | -15.06 | 9.28 | 4.98 | 6.65 | 11.39 | 3.13 | 0 | 30.28 | 15.75 | 40.06 | 24.68 | 1.63 | 21.64 | 31.91 | 16.04 | 0.04 | -1.18 |
| 2014 (1) | 17.27 | 0 | 14.88 | 0 | 0 | 0 | 0 | 0 | 145.04 | 25.08 | 6.63 | 18.6 | 37.42 | 0 | 25.80 | 0 | 17.36 | 0 | 3.13 | 0 | 8.97 | 0 | 1.66 | 0 | 8.84 | 14.95 | 5.97 | 0 | 0 | 0 | 26.16 | 11.18 | 32.13 | 0 | 1.34 | 0 | 27.5 | 16.87 | 0.05 | 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) | 62.84 | 3.17 | 48.59 | 33.99 | 92.47 | 82.06 | 0.86 | -20.37 | -43.79 | 0 | 0 | 0 | 60.88 | 5.27 | 11.69 | 6.61 | -1.64 | 2.48 | 54.97 | 2.65 | 11.75 | 24.56 | -0.27 | 3.08 | 29.79 | 4.45 | 12.71 | 0.42 | -4.55 | -16.0 | 16.4 | 11.11 | 68.38 | 8.55 | 6.48 | 2.03 | 12.06 | 0.0 | 0.0 | 18.08 | 0.0 | 15.53 | 3.13 | 0.0 | 0.0 | 70.17 | 10.4 | 9.44 | 91.38 | 7.78 | 10.23 | 14.26 | -1.99 | 7.06 | 84.43 | 8.09 | 9.03 | 0.10 | -2.19 | 0.89 |
| 24Q2 (19) | 60.91 | 4.55 | 56.9 | 17.66 | -14.27 | 21.54 | 1.08 | -17.56 | -28.0 | 0 | 0 | 0 | 57.83 | 15.89 | 13.77 | 6.72 | -4.82 | 47.05 | 53.55 | 13.02 | 17.31 | 24.63 | 9.38 | 13.62 | 28.52 | 3.67 | 15.37 | 0.44 | -4.35 | -16.98 | 14.76 | 7.19 | 95.76 | 8.03 | 0.12 | -4.86 | 12.06 | 0.0 | 0.0 | 18.08 | 15.53 | 15.53 | 3.13 | 0.0 | 0.0 | 63.56 | 7.24 | 10.21 | 84.78 | 8.62 | 10.88 | 14.55 | 33.61 | 1.46 | 78.11 | 11.33 | 8.47 | 0.10 | -6.29 | 3.65 |
| 24Q1 (18) | 58.26 | 27.34 | 25.13 | 20.6 | 12.38 | 12.51 | 1.31 | -10.27 | -9.66 | 0 | 0 | 0 | 49.9 | -9.55 | 10.18 | 7.06 | 14.61 | -0.7 | 47.38 | -0.27 | 13.27 | 22.52 | -2.46 | 16.2 | 27.51 | 3.3 | 4.8 | 0.46 | -4.17 | -16.36 | 13.77 | 53.85 | 15.81 | 8.02 | -0.87 | 125.28 | 12.06 | 0.0 | 0.0 | 15.65 | 0.0 | 12.75 | 3.13 | 0.0 | 0.0 | 59.27 | -15.68 | 8.0 | 78.05 | -12.38 | 8.57 | 10.89 | 15.97 | -62.16 | 70.16 | -11.95 | -16.14 | 0.10 | 11.07 | 28.92 |
| 23Q4 (17) | 45.75 | 8.18 | 14.49 | 18.33 | -1.82 | -1.13 | 1.46 | -4.58 | 5.04 | 0 | 0 | 0 | 55.17 | 1.21 | -1.09 | 6.16 | -4.5 | 96.18 | 47.51 | -3.42 | -2.62 | 23.09 | -3.13 | 4.11 | 26.63 | 0.76 | -5.73 | 0.48 | -4.0 | -15.79 | 8.95 | -8.11 | -26.88 | 8.09 | -3.46 | 119.24 | 12.06 | 0.0 | 0.0 | 15.65 | 0.0 | 12.75 | 3.13 | 0.0 | 0.0 | 70.29 | 9.62 | 17.5 | 89.08 | 7.45 | 15.93 | 9.39 | -29.5 | -73.53 | 79.68 | 2.89 | -16.38 | 0.09 | -0.9 | 34.94 |
| 23Q3 (16) | 42.29 | 8.94 | 20.04 | 18.67 | 28.49 | -25.14 | 1.53 | 2.0 | 33.04 | 0 | 0 | 0 | 54.51 | 7.24 | -7.09 | 6.45 | 41.14 | 73.85 | 49.19 | 7.75 | -4.21 | 23.83 | 9.93 | -1.12 | 26.43 | 6.92 | -7.03 | 0.5 | -5.66 | 177.78 | 9.74 | 29.18 | -31.65 | 8.38 | -0.71 | 127.72 | 12.06 | 0.0 | 0.0 | 15.65 | 0.0 | 12.75 | 3.13 | 0.0 | 0.0 | 64.12 | 11.18 | 13.73 | 82.9 | 8.42 | 12.94 | 13.32 | -7.11 | -68.6 | 77.44 | 7.54 | -21.62 | 0.09 | 0.48 | 35.5 |
| 23Q2 (15) | 38.82 | -16.62 | 13.64 | 14.53 | -20.64 | -32.79 | 1.5 | 3.45 | -61.14 | 0 | 0 | 0 | 50.83 | 12.23 | -9.41 | 4.57 | -35.72 | 46.95 | 45.65 | 9.13 | -5.35 | 21.68 | 11.87 | -11.69 | 24.72 | -5.83 | -27.82 | 0.53 | -3.64 | 194.44 | 7.54 | -36.59 | -37.63 | 8.44 | 137.08 | 129.97 | 12.06 | 0.0 | 0.0 | 15.65 | 12.75 | 12.75 | 3.13 | 0.0 | 0.0 | 57.67 | 5.08 | 9.49 | 76.46 | 6.36 | 9.71 | 14.34 | -50.17 | -69.36 | 72.01 | -13.93 | -27.61 | 0.09 | 16.56 | 40.7 |
| 23Q1 (14) | 46.56 | 16.52 | 39.36 | 18.31 | -1.24 | -13.55 | 1.45 | 4.32 | 70.59 | 0 | 0 | 0 | 45.29 | -18.81 | -8.47 | 7.11 | 126.43 | -4.69 | 41.83 | -14.27 | -8.51 | 19.38 | -12.6 | -21.01 | 26.25 | -7.08 | -18.93 | 0.55 | -3.51 | 205.56 | 11.89 | -2.86 | -19.34 | 3.56 | -3.52 | -9.41 | 12.06 | 0.0 | 0.0 | 13.88 | 0.0 | 6.69 | 3.13 | 0.0 | 0.0 | 54.88 | -8.26 | -4.84 | 71.89 | -6.44 | -2.6 | 28.78 | -18.86 | -39.19 | 83.66 | -12.2 | -20.32 | 0.08 | 16.26 | 26.97 |
| 22Q4 (13) | 39.96 | 13.43 | 23.68 | 18.54 | -25.66 | -14.09 | 1.39 | 20.87 | -27.98 | 0 | 0 | 0 | 55.78 | -4.93 | 14.3 | 3.14 | -15.36 | 121.13 | 48.79 | -4.99 | 11.47 | 22.17 | -8.0 | -8.92 | 28.25 | -0.63 | -4.2 | 0.57 | 216.67 | 216.67 | 12.24 | -14.11 | -36.74 | 3.69 | 0.27 | -2.12 | 12.06 | 0.0 | 0.0 | 13.88 | 0.0 | 6.69 | 3.13 | 0.0 | 0.0 | 59.82 | 6.1 | 19.14 | 76.84 | 4.69 | 15.79 | 35.47 | -16.38 | -33.51 | 95.29 | -3.55 | -7.99 | 0.07 | -0.48 | 14.39 |
| 22Q3 (12) | 35.23 | 3.13 | 27.6 | 24.94 | 15.36 | 18.59 | 1.15 | -70.21 | 1.77 | 0 | 0 | 0 | 58.67 | 4.56 | 39.42 | 3.71 | 19.29 | 219.83 | 51.35 | 6.47 | 32.35 | 24.10 | -1.82 | 9.08 | 28.43 | -16.99 | -4.82 | 0.18 | 0.0 | -95.43 | 14.25 | 17.87 | -30.49 | 3.68 | 0.27 | -2.9 | 12.06 | 0.0 | 0.0 | 13.88 | 0.0 | 6.69 | 3.13 | 0.0 | 0.0 | 56.38 | 7.04 | 15.44 | 73.4 | 5.32 | 12.96 | 42.42 | -9.36 | 0.93 | 98.8 | -0.67 | 8.73 | 0.07 | 4.34 | 12.24 |
| 22Q2 (11) | 34.16 | 2.24 | 3.02 | 21.62 | 2.08 | 20.18 | 3.86 | 354.12 | 171.83 | 0 | 0 | 0 | 56.11 | 13.4 | 22.0 | 3.11 | -58.31 | -2.2 | 48.23 | 5.49 | 16.89 | 24.55 | 0.06 | 3.3 | 34.25 | 5.78 | 28.86 | 0.18 | 0.0 | -95.57 | 12.09 | -17.98 | -19.61 | 3.67 | -6.62 | -8.02 | 12.06 | 0.0 | 0.0 | 13.88 | 6.69 | 6.69 | 3.13 | 0.0 | 0.0 | 52.67 | -8.67 | 10.49 | 69.69 | -5.58 | 9.2 | 46.8 | -1.12 | 22.13 | 99.47 | -5.27 | 15.68 | 0.07 | 5.18 | 5.54 |
| 22Q1 (10) | 33.41 | 3.4 | 5.46 | 21.18 | -1.85 | 25.1 | 0.85 | -55.96 | -35.11 | 0 | 0 | 0 | 49.48 | 1.39 | 15.26 | 7.46 | 425.35 | 148.67 | 45.72 | 4.46 | 17.99 | 24.53 | 0.78 | 2.0 | 32.38 | 9.8 | 29.26 | 0.18 | 0.0 | -95.51 | 14.74 | -23.82 | -0.14 | 3.93 | 4.24 | -6.21 | 12.06 | 0.0 | 0.0 | 13.01 | 0.0 | 10.35 | 3.13 | 0.0 | 0.0 | 57.67 | 14.86 | 6.48 | 73.81 | 11.23 | 6.85 | 47.33 | -11.28 | 307.31 | 105.0 | 1.39 | 59.62 | 0.06 | 4.74 | -16.24 |
| 21Q4 (9) | 32.31 | 17.02 | -2.71 | 21.58 | 2.62 | 60.21 | 1.93 | 70.8 | 244.64 | 0 | 0 | 0 | 48.8 | 15.97 | 9.39 | 1.42 | 22.41 | -59.2 | 43.77 | 12.81 | 11.8 | 24.34 | 10.18 | -3.3 | 29.49 | -1.27 | 35.46 | 0.18 | -95.43 | -95.34 | 19.35 | -5.61 | 15.94 | 3.77 | -0.53 | 97.38 | 12.06 | 0.0 | 0.0 | 13.01 | 0.0 | 10.35 | 3.13 | 0.0 | 0.0 | 50.21 | 2.81 | -1.86 | 66.36 | 2.12 | 0.42 | 53.35 | 26.93 | 1419.94 | 103.56 | 13.97 | 89.43 | 0.06 | -2.35 | -26.6 |
| 21Q3 (8) | 27.61 | -16.74 | -11.56 | 21.03 | 16.9 | 37.9 | 1.13 | -20.42 | 117.31 | 0 | 0 | 0 | 42.08 | -8.5 | 4.94 | 1.16 | -63.52 | -71.14 | 38.8 | -5.96 | 11.05 | 22.09 | -7.02 | -1.26 | 29.87 | 12.38 | 58.38 | 3.94 | -2.96 | 6.2 | 20.5 | 36.3 | 27.65 | 3.79 | -5.01 | 108.24 | 12.06 | 0.0 | 0.0 | 13.01 | 0.0 | 10.35 | 3.13 | 0.0 | 0.0 | 48.84 | 2.45 | 2.48 | 64.98 | 1.82 | 3.84 | 42.03 | 9.68 | 9236.96 | 90.87 | 5.68 | 92.52 | 0.06 | -1.89 | -24.13 |
| 21Q2 (7) | 33.16 | 4.67 | -21.44 | 17.99 | 6.26 | 28.87 | 1.42 | 8.4 | 230.23 | 0 | 0 | 0 | 45.99 | 7.13 | 37.45 | 3.18 | 6.0 | 35.32 | 41.26 | 6.48 | 30.94 | 23.76 | -1.21 | 0 | 26.58 | 6.11 | 46.69 | 4.06 | 1.25 | 13.73 | 15.04 | 1.9 | -20.88 | 3.99 | -4.77 | 118.03 | 12.06 | 0.0 | 0.0 | 13.01 | 10.35 | 10.35 | 3.13 | 0.0 | 0.0 | 47.67 | -11.98 | 9.23 | 63.82 | -7.61 | 8.98 | 38.32 | 229.78 | 13113.79 | 85.99 | 30.72 | 95.74 | 0.06 | -16.53 | -23.21 |
| 21Q1 (6) | 31.68 | -4.61 | -16.59 | 16.93 | 25.69 | 28.55 | 1.31 | 133.93 | -64.01 | 0 | 0 | 0 | 42.93 | -3.77 | 14.97 | 3.0 | -13.79 | 27.66 | 38.75 | -1.02 | 14.07 | 24.05 | -4.46 | 0 | 25.05 | 15.07 | 14.7 | 4.01 | 3.89 | 15.23 | 14.76 | -11.56 | -9.17 | 4.19 | 119.37 | 146.47 | 12.06 | 0.0 | 0.0 | 11.79 | 0.0 | 11.65 | 3.13 | 0.0 | 0.0 | 54.16 | 5.86 | 8.84 | 69.08 | 4.54 | 8.87 | 11.62 | 231.05 | 2426.09 | 65.78 | 20.32 | 30.98 | 0.08 | -8.21 | -0.16 |
| 20Q4 (5) | 33.21 | 6.37 | -11.27 | 13.47 | -11.67 | -1.75 | 0.56 | 7.69 | -84.18 | 0 | 0 | 0 | 44.61 | 11.25 | -1.41 | 3.48 | -13.43 | 3.57 | 39.15 | 12.05 | 2.76 | 25.18 | 12.51 | 0 | 21.77 | 15.43 | -2.86 | 3.86 | 4.04 | 13.2 | 16.69 | 3.92 | 9.51 | 1.91 | 4.95 | -1.55 | 12.06 | 0.0 | 0.0 | 11.79 | 0.0 | 11.65 | 3.13 | 0.0 | 0.0 | 51.16 | 7.34 | 7.91 | 66.08 | 5.59 | 8.15 | 3.51 | 863.04 | 9.35 | 54.67 | 15.83 | 8.0 | 0.08 | 0.93 | 7.47 |
| 20Q3 (4) | 31.22 | -26.04 | 0.0 | 15.25 | 9.24 | 0.0 | 0.52 | 20.93 | 0.0 | 0 | 0 | 0.0 | 40.1 | 19.84 | 0.0 | 4.02 | 71.06 | 0.0 | 34.94 | 10.89 | 0.0 | 22.38 | 0 | 0.0 | 18.86 | 4.08 | 0.0 | 3.71 | 3.92 | 0.0 | 16.06 | -15.52 | 0.0 | 1.82 | -0.55 | 0.0 | 12.06 | 0.0 | 0.0 | 11.79 | 0.0 | 0.0 | 3.13 | 0.0 | 0.0 | 47.66 | 9.21 | 0.0 | 62.58 | 6.86 | 0.0 | -0.46 | -258.62 | 0.0 | 47.2 | 7.44 | 0.0 | 0.08 | -0.7 | 0.0 |
