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) | 29.45 | 191.58 | 9.52 | -62.31 | 0 | 0 | 0 | 0 | 261.36 | -6.32 | 6.09 | -8.42 | 68.28 | -27.11 | 26.12 | -22.19 | 30.09 | -34.6 | 12.19 | -5.21 | 12.27 | 0 | 2.94 | -11.18 | 40.56 | 2.79 | 10.03 | 6.25 | 1.96 | 0.0 | 15.92 | -7.87 | 27.91 | -2.68 | 6.63 | -48.04 | 22.55 | -24.93 | 0.03 | 17.95 |
| 2022 (9) | 10.1 | -20.85 | 25.26 | 19.77 | 0 | 0 | 0 | 0 | 279.0 | 21.76 | 6.65 | -2.21 | 93.68 | 47.32 | 33.58 | 20.99 | 46.01 | 22.73 | 12.86 | 15.86 | 0 | 0 | 3.31 | -5.16 | 39.46 | 6.48 | 9.44 | 7.52 | 1.96 | -84.99 | 17.28 | 147.92 | 28.68 | -0.45 | 12.76 | 93.04 | 30.04 | 121.21 | 0.02 | 20.59 |
| 2021 (8) | 12.76 | -33.71 | 21.09 | 94.92 | 8.58 | -27.23 | 0 | 0 | 229.13 | 14.97 | 6.8 | -50.36 | 63.59 | 5.77 | 27.75 | -8.0 | 37.49 | -10.5 | 11.1 | -0.09 | 0 | 0 | 3.49 | 336.25 | 37.06 | 3.64 | 8.78 | 16.91 | 13.06 | 133.21 | 6.97 | -45.25 | 28.81 | 11.49 | 6.61 | 0 | 13.58 | 0 | 0.02 | 0 |
| 2020 (7) | 19.25 | -29.51 | 10.82 | 137.8 | 11.79 | 0 | 0 | 0 | 199.29 | 10.37 | 13.7 | 581.59 | 60.12 | 47.24 | 30.17 | 33.41 | 41.89 | 81.97 | 11.11 | 1401.35 | 0 | 0 | 0.8 | -82.14 | 35.76 | 0.2 | 7.51 | 2.74 | 5.6 | 48.94 | 12.73 | 524.02 | 25.84 | 97.1 | -13.82 | 0 | -1.09 | 0 | 0.00 | 0 |
| 2019 (6) | 27.31 | 58.87 | 4.55 | -83.99 | 0 | 0 | 0 | 0 | 180.57 | 4.17 | 2.01 | 0 | 40.83 | -29.26 | 22.61 | -32.09 | 23.02 | -16.9 | 0.74 | -30.19 | 11.62 | 0 | 4.48 | 15.17 | 35.69 | 0.08 | 7.31 | 0.0 | 3.76 | 92.82 | 2.04 | 12.71 | 13.11 | 18.43 | -12.23 | 0 | -10.19 | 0 | 0.03 | 571.5 |
| 2018 (5) | 17.19 | 14.22 | 28.42 | 98.88 | 0.06 | -98.86 | 0 | 0 | 173.34 | 27.63 | -0.23 | 0 | 57.72 | 48.61 | 33.30 | 16.43 | 27.7 | 62.46 | 1.06 | -88.17 | 0 | 0 | 3.89 | 0 | 35.66 | 8.95 | 7.31 | 4.43 | 1.95 | -22.0 | 1.81 | -43.44 | 11.07 | -12.77 | -7.38 | 0 | -5.57 | 0 | 0.00 | 0 |
| 2017 (4) | 15.05 | 1.62 | 14.29 | 199.58 | 5.26 | 0 | 0 | 0 | 135.81 | -6.41 | 3.12 | -44.97 | 38.84 | 6.47 | 28.60 | 13.76 | 17.05 | 25.18 | 8.96 | 22.91 | 0 | 0 | 0 | 0 | 32.73 | 7.74 | 7.0 | 8.86 | 2.5 | 27.55 | 3.2 | -45.3 | 12.69 | -10.82 | 4.43 | 0 | 7.63 | 127.76 | 0.00 | 0 |
| 2016 (3) | 14.81 | -52.21 | 4.77 | -73.82 | 0 | 0 | 0 | 0 | 145.11 | -17.22 | 5.67 | 173.91 | 36.48 | -7.34 | 25.14 | 11.94 | 13.62 | 22.81 | 7.29 | 34.01 | 9.39 | 0 | 0 | 0 | 30.38 | 0.3 | 6.43 | 3.38 | 1.96 | 0.0 | 5.85 | 165.91 | 14.23 | 37.09 | -2.5 | 0 | 3.35 | -12.3 | 0.00 | 0 |
| 2015 (2) | 30.99 | 54.1 | 18.22 | -25.72 | 18.23 | 0.28 | 0 | 0 | 175.3 | -0.87 | 2.07 | 187.5 | 39.37 | -18.96 | 22.46 | -18.25 | 11.09 | -46.01 | 5.44 | -1.09 | 0 | 0 | 0 | 0 | 30.29 | -3.93 | 6.22 | 1.14 | 1.96 | 0.0 | 2.2 | 165.06 | 10.38 | 16.11 | 1.62 | -20.59 | 3.82 | 33.1 | 0.00 | 0 |
| 2014 (1) | 20.11 | -55.39 | 24.53 | -12.92 | 18.18 | 1.85 | 0 | 0 | 176.84 | -11.26 | 0.72 | -84.21 | 48.58 | 26.64 | 27.47 | 42.72 | 20.54 | 37.39 | 5.5 | 19.05 | 0 | 0 | 0 | 0 | 31.53 | 1.94 | 6.15 | 7.89 | 1.96 | 0.0 | 0.83 | -87.13 | 8.94 | -36.6 | 2.04 | 385.71 | 2.87 | -58.22 | 0.00 | 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) | 49.03 | 20.32 | 137.32 | 21.89 | 36.39 | 577.71 | 6.28 | -34.17 | 0 | 0 | 0 | 0 | 61.75 | -18.86 | 0.31 | 0.95 | -68.65 | -73.24 | 65.83 | -18.38 | -11.21 | 25.87 | -18.44 | 0.36 | 33.54 | 8.09 | -28.43 | 13.36 | 12.55 | 10.14 | 0 | 0 | -100.0 | 2.82 | -1.05 | -11.04 | 42.77 | 2.89 | 6.9 | 10.55 | 0.0 | 5.18 | 1.96 | 0.0 | 0.0 | 13.84 | 6.54 | -18.97 | 26.34 | 3.33 | -9.36 | 1.34 | -83.8 | -86.89 | 15.18 | -28.6 | -44.4 | 0.03 | -2.48 | -9.64 |
| 24Q2 (19) | 40.75 | -3.3 | 128.04 | 16.05 | -7.44 | -3.25 | 9.54 | 0 | 0 | 0 | 0 | 0 | 76.1 | 32.1 | 8.5 | 3.03 | 326.76 | -2.57 | 80.65 | 19.16 | -11.97 | 31.71 | 16.37 | 4.93 | 31.03 | -14.45 | -26.03 | 11.87 | 1.63 | 0.34 | 0 | -100.0 | -100.0 | 2.85 | -1.38 | -11.49 | 41.57 | 0.9 | 5.37 | 10.55 | 5.18 | 5.18 | 1.96 | 0.0 | 0.0 | 12.99 | -21.89 | -3.99 | 25.49 | -10.91 | -0.08 | 8.27 | 18.99 | -17.05 | 21.26 | -9.84 | -9.53 | 0.03 | -0.6 | -12.21 |
| 24Q1 (18) | 42.14 | 43.09 | 297.92 | 17.34 | 82.14 | -34.76 | 0 | 0 | 0 | 0 | 0 | 0 | 57.61 | -2.41 | -18.43 | 0.71 | 160.17 | 14.52 | 67.68 | -0.88 | -19.54 | 27.25 | 4.32 | -3.48 | 36.27 | 20.54 | -27.65 | 11.68 | -4.18 | 0.43 | 10.54 | -14.1 | 0 | 2.89 | -1.7 | -11.35 | 41.2 | 1.58 | 4.44 | 10.03 | 0.0 | 6.25 | 1.96 | 0.0 | 0.0 | 16.63 | 4.46 | -7.09 | 28.61 | 2.51 | -2.32 | 6.95 | 4.83 | -56.01 | 23.58 | 4.57 | -30.03 | 0.03 | -1.04 | 26.35 |
| 23Q4 (17) | 29.45 | 42.55 | 191.58 | 9.52 | 194.74 | -62.31 | 0 | 0 | 0 | 0 | 0 | 0 | 59.03 | -4.11 | -30.81 | -1.18 | -133.24 | -136.76 | 68.28 | -7.9 | -27.11 | 26.12 | 1.36 | -22.19 | 30.09 | -35.79 | -34.6 | 12.19 | 0.49 | -5.21 | 12.27 | -10.63 | 0 | 2.94 | -7.26 | -11.18 | 40.56 | 1.37 | 2.79 | 10.03 | 0.0 | 6.25 | 1.96 | 0.0 | 0.0 | 15.92 | -6.79 | -7.87 | 27.91 | -3.96 | -2.68 | 6.63 | -35.13 | -48.04 | 22.55 | -17.4 | -24.93 | 0.03 | -5.81 | 17.95 |
| 23Q3 (16) | 20.66 | 15.61 | 58.44 | 3.23 | -80.53 | -91.63 | 0 | 0 | 0 | 0 | 0 | 0 | 61.56 | -12.23 | -20.09 | 3.55 | 14.15 | 59.19 | 74.14 | -19.08 | -23.06 | 25.78 | -14.72 | -33.18 | 46.86 | 11.7 | -21.68 | 12.13 | 2.54 | -4.03 | 13.73 | -2.76 | 0 | 3.17 | -1.55 | -5.37 | 40.01 | 1.42 | 1.39 | 10.03 | 0.0 | 6.25 | 1.96 | 0.0 | 0.0 | 17.08 | 26.24 | 22.17 | 29.06 | 13.92 | 14.5 | 10.22 | 2.51 | -63.26 | 27.3 | 16.17 | -34.69 | 0.03 | -5.25 | 26.41 |
| 23Q2 (15) | 17.87 | 68.74 | 47.32 | 16.59 | -37.58 | -30.64 | 0 | 0 | 0 | 0 | 0 | 0 | 70.14 | -0.69 | 8.02 | 3.11 | 401.61 | 455.36 | 91.62 | 8.92 | 21.58 | 30.23 | 7.04 | -8.5 | 41.95 | -16.32 | -16.38 | 11.83 | 1.72 | -3.03 | 14.12 | 0 | 0 | 3.22 | -1.23 | -5.29 | 39.45 | 0.0 | -2.64 | 10.03 | 6.25 | 6.25 | 1.96 | 0.0 | 0.0 | 13.53 | -24.41 | 7.89 | 25.51 | -12.91 | 6.6 | 9.97 | -36.9 | -55.17 | 23.5 | -30.27 | -32.43 | 0.03 | 43.05 | 29.26 |
| 23Q1 (14) | 10.59 | 4.85 | -22.3 | 26.58 | 5.23 | 132.34 | 0 | 0 | 0 | 0 | 0 | 0 | 70.63 | -17.21 | 36.54 | 0.62 | -80.69 | -3.12 | 84.12 | -10.2 | 33.52 | 28.24 | -15.9 | 2.39 | 50.13 | 8.95 | -13.75 | 11.63 | -9.56 | 0.69 | 0 | 0 | 0 | 3.26 | -1.51 | -5.51 | 39.45 | -0.03 | -2.64 | 9.44 | 0.0 | 7.52 | 1.96 | 0.0 | -84.99 | 17.9 | 3.59 | 135.22 | 29.29 | 2.13 | -0.54 | 15.8 | 23.82 | -33.92 | 33.7 | 12.18 | 6.92 | 0.02 | -7.61 | 6.96 |
| 22Q4 (13) | 10.1 | -22.55 | -20.85 | 25.26 | -34.54 | 19.77 | 0 | 0 | -100.0 | 0 | 0 | 0 | 85.31 | 10.73 | 52.07 | 3.21 | 43.95 | 18.89 | 93.68 | -2.78 | 47.32 | 33.58 | -12.96 | 20.98 | 46.01 | -23.1 | 22.73 | 12.86 | 1.74 | 15.86 | 0 | 0 | 0 | 3.31 | -1.19 | -5.16 | 39.46 | 0.0 | 6.48 | 9.44 | 0.0 | 7.52 | 1.96 | 0.0 | -84.99 | 17.28 | 23.61 | 147.92 | 28.68 | 13.0 | -0.45 | 12.76 | -54.13 | 93.04 | 30.04 | -28.13 | 121.21 | 0.02 | 0.95 | 20.59 |
| 22Q3 (12) | 13.04 | 7.5 | 9.86 | 38.59 | 61.33 | 76.94 | 0 | 0 | -100.0 | 0 | 0 | 0 | 77.04 | 18.65 | 39.11 | 2.23 | 298.21 | 123.0 | 96.36 | 27.87 | 45.27 | 38.57 | 16.78 | 29.05 | 59.83 | 19.25 | 19.88 | 12.64 | 3.61 | 12.36 | 0 | 0 | 0 | 3.35 | -1.47 | 329.49 | 39.46 | -2.62 | 7.87 | 9.44 | 0.0 | 7.52 | 1.96 | 0.0 | -84.99 | 13.98 | 11.48 | 175.2 | 25.38 | 6.06 | -5.72 | 27.82 | 25.09 | 3712.99 | 41.8 | 20.18 | 869.84 | 0.02 | -3.12 | 24045.62 |
| 22Q2 (11) | 12.13 | -11.01 | -31.51 | 23.92 | 109.09 | -13.52 | 0 | 0 | -100.0 | 0 | 0 | 0 | 64.93 | 25.52 | -0.48 | 0.56 | -12.5 | -69.06 | 75.36 | 19.62 | -4.79 | 33.03 | 19.78 | -2.32 | 50.17 | -13.68 | -2.56 | 12.2 | 5.63 | 4.63 | 0 | 0 | 0 | 3.4 | -1.45 | 330.38 | 40.52 | 0.0 | 11.66 | 9.44 | 7.52 | 25.7 | 1.96 | -84.99 | -65.0 | 12.54 | 64.78 | -22.59 | 23.93 | -18.74 | -18.36 | 22.24 | -6.98 | 413.63 | 34.78 | 10.34 | 69.41 | 0.02 | 18.38 | 27238.08 |
| 22Q1 (10) | 13.63 | 6.82 | -41.93 | 11.44 | -45.76 | -38.33 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 51.73 | -7.79 | -1.28 | 0.64 | -76.3 | -50.0 | 63.0 | -0.93 | 8.62 | 27.58 | -0.64 | 7.13 | 58.12 | 55.03 | 6.56 | 11.55 | 4.05 | 1.85 | 0 | 0 | 0 | 3.45 | -1.15 | 336.71 | 40.52 | 9.34 | 13.22 | 8.78 | 0.0 | 16.91 | 13.06 | 0.0 | 133.21 | 7.61 | 9.18 | -47.12 | 29.45 | 2.22 | 7.13 | 23.91 | 261.72 | 2727.47 | 31.52 | 132.11 | 133.83 | 0.02 | 4.16 | 21332.5 |
| 21Q4 (9) | 12.76 | 7.5 | -33.71 | 21.09 | -3.3 | 94.92 | 8.58 | -12.0 | -27.23 | 0 | 0 | 0 | 56.1 | 1.3 | 14.75 | 2.7 | 170.0 | 147.71 | 63.59 | -4.13 | 5.77 | 27.75 | -7.15 | -8.0 | 37.49 | -24.88 | -10.5 | 11.1 | -1.33 | -0.09 | 0 | 0 | 0 | 3.49 | 347.44 | 336.25 | 37.06 | 1.31 | 3.64 | 8.78 | 0.0 | 16.91 | 13.06 | 0.0 | 133.21 | 6.97 | 37.2 | -45.25 | 28.81 | 7.02 | 11.49 | 6.61 | 958.44 | 147.83 | 13.58 | 215.08 | 1345.87 | 0.02 | 20112.17 | 0 |
| 21Q3 (8) | 11.87 | -32.98 | -48.14 | 21.81 | -21.15 | 108.11 | 9.75 | -6.79 | -17.02 | 0 | 0 | 0 | 55.38 | -15.11 | -17.98 | 1.0 | -44.75 | -91.9 | 66.33 | -16.2 | -3.38 | 29.89 | -11.61 | -18.72 | 49.91 | -3.07 | 19.66 | 11.25 | -3.52 | 3.12 | 0 | 0 | 0 | 0.78 | -1.27 | -2.5 | 36.58 | 0.8 | 2.29 | 8.78 | 16.91 | 16.91 | 13.06 | 133.21 | 133.21 | 5.08 | -68.64 | -56.36 | 26.92 | -8.15 | 8.81 | -0.77 | -117.78 | 94.63 | 4.31 | -79.01 | 259.63 | 0.00 | 9.69 | 0 |
| 21Q2 (7) | 17.71 | -24.54 | -10.47 | 27.66 | 49.11 | 72.88 | 10.46 | -10.98 | -10.67 | 0 | 0 | 0 | 65.24 | 24.5 | 15.45 | 1.81 | 41.41 | 19.87 | 79.15 | 36.47 | 42.1 | 33.82 | 31.38 | 0 | 51.49 | -5.59 | 49.72 | 11.66 | 2.82 | 1721.88 | 0 | 0 | 0 | 0.79 | 0.0 | -85.04 | 36.29 | 1.4 | 1.68 | 7.51 | 0.0 | 0.0 | 5.6 | 0.0 | 0.0 | 16.2 | 12.58 | 5900.0 | 29.31 | 6.62 | 119.06 | 4.33 | 575.82 | 129.2 | 20.53 | 52.3 | 241.0 | 0.00 | -7.19 | -99.74 |
| 21Q1 (6) | 23.47 | 21.92 | -26.72 | 18.55 | 71.44 | 85.5 | 11.75 | -0.34 | 0.77 | 0 | 0 | 0 | 52.4 | 7.18 | 98.71 | 1.28 | 17.43 | 203.23 | 58.0 | -3.53 | 101.53 | 25.74 | -14.67 | 0 | 54.54 | 30.2 | 42.14 | 11.34 | 2.07 | 1729.03 | 0 | 0 | 0 | 0.79 | -1.25 | -85.07 | 35.79 | 0.08 | 0.28 | 7.51 | 0.0 | 2.74 | 5.6 | 0.0 | 48.94 | 14.39 | 13.04 | 1698.75 | 27.49 | 6.39 | 131.79 | -0.91 | 93.42 | 94.07 | 13.48 | 1336.7 | 192.71 | 0.00 | 0 | -99.73 |
| 20Q4 (5) | 19.25 | -15.9 | -29.51 | 10.82 | 3.24 | 137.8 | 11.79 | 0.34 | 0 | 0 | 0 | 0 | 48.89 | -27.59 | 34.76 | 1.09 | -91.17 | 232.93 | 60.12 | -12.43 | 47.24 | 30.17 | -17.97 | 0 | 41.89 | 0.43 | 81.97 | 11.11 | 1.83 | 1401.35 | 0 | 0 | -100.0 | 0.8 | 0.0 | -82.14 | 35.76 | 0.0 | 0.2 | 7.51 | 0.0 | 2.74 | 5.6 | 0.0 | 48.94 | 12.73 | 9.36 | 524.02 | 25.84 | 4.45 | 97.1 | -13.82 | 3.63 | -13.0 | -1.09 | 59.63 | 89.3 | 0.00 | 0 | -100.0 |
| 20Q3 (4) | 22.89 | 15.72 | 0.0 | 10.48 | -34.5 | 0.0 | 11.75 | 0.34 | 0.0 | 0 | 0 | 0.0 | 67.52 | 19.48 | 0.0 | 12.35 | 717.88 | 0.0 | 68.65 | 23.25 | 0.0 | 36.77 | 0 | 0.0 | 41.71 | 21.29 | 0.0 | 10.91 | 1604.69 | 0.0 | 0 | 0 | 0.0 | 0.8 | -84.85 | 0.0 | 35.76 | 0.2 | 0.0 | 7.51 | 0.0 | 0.0 | 5.6 | 0.0 | 0.0 | 11.64 | 4211.11 | 0.0 | 24.74 | 84.9 | 0.0 | -14.34 | 3.3 | 0.0 | -2.7 | 81.46 | 0.0 | 0.00 | -100.0 | 0.0 |
