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) | 109.05 | 73.51 | 7.56 | 54.6 | 0.17 | 0 | 0 | 0 | 604.88 | -23.67 | 24.85 | -9.41 | 115.52 | -19.74 | 19.10 | 5.14 | 79.96 | -14.52 | 6.5 | 1869.7 | 6.91 | 48.92 | 20.14 | -5.45 | 46.3 | 1.03 | 22.74 | 13.76 | 7.55 | -37.96 | 83.11 | 11.81 | 113.41 | 6.5 | -13.17 | 0 | 69.94 | 8.97 | 0.11 | 2.54 |
| 2022 (9) | 62.85 | 29.88 | 4.89 | -75.92 | 0 | 0 | 0 | 0 | 792.41 | 10.59 | 27.43 | 19.36 | 143.93 | 6.58 | 18.16 | -3.63 | 93.54 | -28.95 | 0.33 | -83.9 | 4.64 | -54.78 | 21.3 | -5.63 | 45.83 | 0.66 | 19.99 | 12.94 | 12.17 | 16.35 | 74.33 | 14.49 | 106.49 | 14.39 | -10.15 | 0 | 64.18 | 27.16 | 0.11 | -22.85 |
| 2021 (8) | 48.39 | -30.22 | 20.31 | 124.42 | 4.35 | 480.0 | 0 | 0 | 716.5 | 5.0 | 22.98 | 19.75 | 135.05 | -1.97 | 18.85 | -6.64 | 131.65 | 28.48 | 2.05 | -64.04 | 10.26 | 50.66 | 22.57 | -4.81 | 45.53 | 0.98 | 17.7 | 12.17 | 10.46 | -1.23 | 64.92 | 13.24 | 93.09 | 11.21 | -14.45 | 0 | 50.47 | 10.37 | 0.14 | -3.43 |
| 2020 (7) | 69.35 | 3.49 | 9.05 | -17.12 | 0.75 | 167.86 | 0 | 0 | 682.41 | -15.39 | 19.19 | -10.12 | 137.77 | -28.9 | 20.19 | -15.98 | 102.47 | -2.34 | 5.7 | -39.3 | 6.81 | 350.99 | 23.71 | -5.2 | 45.09 | 0.51 | 15.78 | 15.18 | 10.59 | 59.97 | 57.33 | 4.24 | 83.71 | 11.12 | -11.6 | 0 | 45.73 | 6.2 | 0.14 | -5.71 |
| 2019 (6) | 67.01 | 34.29 | 10.92 | -9.23 | 0.28 | -58.82 | 0 | 0 | 806.5 | 24.44 | 21.35 | 16.86 | 193.78 | 14.51 | 24.03 | -7.98 | 104.93 | 35.22 | 9.39 | 2582.86 | 1.51 | -36.82 | 25.01 | -43.97 | 44.86 | 0.25 | 13.7 | 15.32 | 6.62 | 121.4 | 55.0 | 9.17 | 75.33 | 15.45 | -11.94 | 0 | 43.06 | 0.44 | 0.15 | -32.22 |
| 2018 (5) | 49.9 | -36.2 | 12.03 | 20.78 | 0.68 | -50.0 | 0 | 0 | 648.11 | 6.7 | 18.27 | -11.18 | 169.22 | 28.98 | 26.11 | 20.88 | 77.6 | 14.27 | 0.35 | 0.0 | 2.39 | 187.95 | 44.64 | 63.52 | 44.75 | 0.34 | 11.88 | 20.98 | 2.99 | 208.25 | 50.38 | 0.6 | 65.25 | 7.18 | -7.51 | 0 | 42.87 | -7.07 | 0.22 | 81.59 |
| 2017 (4) | 78.21 | 22.97 | 9.96 | 0 | 1.36 | -64.4 | 0 | 0 | 607.42 | -5.58 | 20.57 | 6.36 | 131.2 | -4.28 | 21.60 | 1.37 | 67.91 | 1.8 | 0.35 | -2.78 | 0.83 | -62.1 | 27.3 | 2.09 | 44.6 | 0.81 | 9.82 | 24.46 | 0.97 | 0.0 | 50.08 | 4.79 | 60.88 | 7.47 | -3.95 | 0 | 46.13 | -5.82 | 0.12 | 20.98 |
| 2016 (3) | 63.6 | -16.57 | 0 | 0 | 3.82 | -38.59 | 0 | 0 | 643.29 | -1.92 | 19.34 | 9.08 | 137.07 | -5.34 | 21.31 | -3.48 | 66.71 | -9.25 | 0.36 | -86.1 | 2.19 | -79.24 | 26.74 | -19.51 | 44.24 | -0.07 | 7.89 | 29.13 | 0.97 | 0.0 | 47.79 | 20.93 | 56.65 | 21.54 | 1.19 | -78.94 | 48.98 | 8.43 | 0.10 | -47.17 |
| 2015 (2) | 76.23 | 11.87 | 14.15 | -34.16 | 6.22 | 3.67 | 0 | 0 | 655.89 | 25.55 | 17.73 | 14.76 | 144.8 | 37.72 | 22.08 | 9.69 | 73.51 | 52.8 | 2.59 | -1.15 | 10.55 | 17.22 | 33.22 | 13.88 | 44.27 | 0.96 | 6.11 | 33.7 | 0.97 | 0.0 | 39.52 | 26.18 | 46.61 | 26.42 | 5.65 | 39.51 | 45.17 | 27.71 | 0.19 | 71.34 |
| 2014 (1) | 68.14 | 42.34 | 21.49 | 226.1 | 6.0 | 0 | 0 | 0 | 522.4 | 23.44 | 15.45 | 130.94 | 105.14 | 34.36 | 20.13 | 8.85 | 48.11 | 15.62 | 2.62 | -1.5 | 9.0 | 0 | 29.17 | 6241.3 | 43.85 | 1.04 | 4.57 | 17.18 | 0.97 | -29.71 | 31.32 | 59.96 | 36.87 | 48.31 | 4.05 | 495.59 | 35.37 | 74.58 | 0.11 | 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) | 135.4 | 1.74 | 40.27 | 17.33 | -6.53 | -7.13 | 2.04 | 53.38 | 0 | 0 | 0 | 0 | 160.09 | 4.17 | 1.82 | 7.73 | 6.33 | 4.88 | 129.53 | -0.71 | -8.47 | 21.94 | -1.19 | 1.04 | 81.98 | 6.59 | 8.78 | 6.48 | -2.11 | -4.42 | 6.11 | -9.08 | -13.7 | 20.14 | -0.2 | -1.61 | 46.6 | 0.67 | 0.63 | 25.23 | 0.0 | 10.95 | 10.17 | 0.0 | 34.7 | 80.31 | 10.65 | 2.71 | 115.7 | 7.16 | 6.66 | -6.56 | -46.43 | 16.22 | 73.75 | 8.3 | 4.82 | 0.11 | -1.19 | 1.34 |
| 24Q2 (19) | 133.08 | 1.69 | 21.83 | 18.54 | -18.33 | -37.66 | 1.33 | 77.33 | 0 | 0 | 0 | 0 | 153.68 | 12.59 | -4.34 | 7.27 | 25.13 | 4.01 | 130.45 | 12.93 | -14.21 | 22.20 | 14.27 | 4.83 | 76.91 | -0.66 | -5.13 | 6.62 | -0.45 | 1906.06 | 6.72 | 6.16 | 44.83 | 20.18 | 0.1 | -2.65 | 46.29 | 0.0 | 0.76 | 25.23 | 10.95 | 10.95 | 10.17 | 34.7 | 34.7 | 72.58 | -18.39 | 2.49 | 107.97 | -9.44 | 6.77 | -4.48 | 35.82 | 64.42 | 68.1 | -16.9 | 16.95 | 0.11 | 8.28 | -0.43 |
| 24Q1 (18) | 130.87 | 20.01 | 82.83 | 22.7 | 200.26 | 65.33 | 0.75 | 341.18 | 0 | 0 | 0 | 0 | 136.49 | -2.67 | -7.0 | 5.81 | 17.37 | 4.68 | 115.51 | -0.01 | -12.11 | 19.43 | 1.72 | 12.37 | 77.42 | -3.18 | -10.26 | 6.65 | 2.31 | 1915.15 | 6.33 | -8.39 | 36.42 | 20.16 | 0.1 | -4.0 | 46.29 | -0.02 | 0.76 | 22.74 | 0.0 | 13.76 | 7.55 | 0.0 | -37.96 | 88.93 | 7.0 | 11.33 | 119.22 | 5.12 | 6.41 | -6.98 | 47.0 | 27.06 | 81.95 | 17.17 | 16.56 | 0.11 | -3.06 | 1.58 |
| 23Q4 (17) | 109.05 | 12.97 | 73.51 | 7.56 | -59.49 | 54.6 | 0.17 | 0 | 0 | 0 | 0 | 0 | 140.23 | -10.81 | -25.11 | 4.95 | -32.84 | -17.77 | 115.52 | -18.37 | -19.74 | 19.10 | -12.03 | 5.14 | 79.96 | 6.1 | -14.52 | 6.5 | -4.13 | 1869.7 | 6.91 | -2.4 | 48.92 | 20.14 | -1.61 | -5.45 | 46.3 | -0.02 | 1.03 | 22.74 | 0.0 | 13.76 | 7.55 | 0.0 | -37.96 | 83.11 | 6.29 | 11.81 | 113.41 | 4.54 | 6.5 | -13.17 | -68.2 | -29.75 | 69.94 | -0.6 | 8.97 | 0.11 | -2.29 | 2.54 |
| 23Q3 (16) | 96.53 | -11.63 | 43.8 | 18.66 | -37.26 | -46.84 | 0 | 0 | -100.0 | 0 | 0 | 0 | 157.23 | -2.13 | -29.62 | 7.37 | 5.44 | -16.06 | 141.52 | -6.93 | -15.45 | 21.71 | 2.51 | 4.91 | 75.36 | -7.04 | -26.85 | 6.78 | 1954.55 | 1954.55 | 7.08 | 52.59 | -27.61 | 20.47 | -1.25 | -6.74 | 46.31 | 0.81 | 1.05 | 22.74 | 0.0 | 13.76 | 7.55 | 0.0 | -37.96 | 78.19 | 10.41 | 14.61 | 108.48 | 7.28 | 8.07 | -7.83 | 37.81 | 17.49 | 70.36 | 20.83 | 19.8 | 0.11 | -2.92 | 3.41 |
| 23Q2 (15) | 109.23 | 52.6 | 114.72 | 29.74 | 116.61 | -51.6 | 0 | 0 | -100.0 | 0 | 0 | 0 | 160.65 | 9.46 | -20.8 | 6.99 | 25.95 | -1.69 | 152.06 | 15.7 | -1.25 | 21.18 | 22.49 | 4.83 | 81.07 | -6.03 | -37.56 | 0.33 | 0.0 | -29.79 | 4.64 | 0.0 | -70.16 | 20.73 | -1.29 | -6.07 | 45.94 | 0.0 | 0.92 | 22.74 | 13.76 | 13.76 | 7.55 | -37.96 | -37.96 | 70.82 | -11.34 | 19.15 | 101.12 | -9.75 | 10.39 | -12.59 | -31.56 | -29.53 | 58.23 | -17.18 | 17.12 | 0.11 | 10.47 | 4.0 |
| 23Q1 (14) | 71.58 | 13.89 | -4.93 | 13.73 | 180.78 | -84.46 | 0 | 0 | -100.0 | 0 | 0 | 0 | 146.77 | -21.61 | -17.98 | 5.55 | -7.81 | 0.54 | 131.43 | -8.68 | -5.09 | 17.29 | -4.82 | -9.63 | 86.27 | -7.77 | -39.49 | 0.33 | 0.0 | -84.51 | 4.64 | 0.0 | -71.07 | 21.0 | -1.41 | -5.87 | 45.94 | 0.24 | 0.92 | 19.99 | 0.0 | 12.94 | 12.17 | 0.0 | 16.35 | 79.88 | 7.47 | 13.39 | 112.04 | 5.21 | 13.62 | -9.57 | 5.71 | -12.59 | 70.31 | 9.55 | 13.49 | 0.10 | -2.14 | -20.78 |
| 22Q4 (13) | 62.85 | -6.38 | 29.88 | 4.89 | -86.07 | -75.92 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 187.24 | -16.18 | -8.1 | 6.02 | -31.44 | 18.04 | 143.93 | -14.02 | 6.58 | 18.16 | -12.22 | -3.63 | 93.54 | -9.2 | -28.95 | 0.33 | 0.0 | -83.9 | 4.64 | -52.56 | -54.78 | 21.3 | -2.96 | -5.63 | 45.83 | 0.0 | 0.66 | 19.99 | 0.0 | 12.94 | 12.17 | 0.0 | 16.35 | 74.33 | 8.96 | 14.49 | 106.49 | 6.09 | 14.39 | -10.15 | -6.95 | 29.76 | 64.18 | 9.28 | 27.16 | 0.11 | -1.46 | -22.85 |
| 22Q3 (12) | 67.13 | 31.96 | 29.69 | 35.1 | -42.88 | -64.81 | 4.35 | 6.88 | 51.04 | 0 | 0 | 0 | 223.39 | 10.14 | 26.43 | 8.78 | 23.49 | 30.65 | 167.39 | 8.71 | 17.6 | 20.69 | 2.43 | 2.98 | 103.02 | -20.66 | -18.94 | 0.33 | -29.79 | -91.69 | 9.78 | -37.11 | -12.05 | 21.95 | -0.54 | -4.02 | 45.83 | 0.68 | 1.51 | 19.99 | 0.0 | 12.94 | 12.17 | 0.0 | 16.35 | 68.22 | 14.77 | 13.93 | 100.38 | 9.59 | 14.02 | -9.49 | 2.37 | 31.43 | 58.73 | 18.12 | 27.56 | 0.11 | -2.36 | -22.53 |
| 22Q2 (11) | 50.87 | -32.43 | -0.78 | 61.45 | -30.46 | -40.54 | 4.07 | -9.35 | 48.0 | 0 | 0 | 0 | 202.83 | 13.35 | 23.32 | 7.11 | 28.8 | 16.37 | 153.98 | 11.19 | 14.84 | 20.20 | 5.6 | 8.59 | 129.84 | -8.93 | 15.67 | 0.47 | -77.93 | -88.31 | 15.55 | -3.05 | 35.57 | 22.07 | -1.08 | -4.71 | 45.52 | 0.0 | 0.82 | 19.99 | 12.94 | 12.94 | 12.17 | 16.35 | 16.35 | 59.44 | -15.63 | 11.81 | 91.6 | -7.11 | 12.64 | -9.72 | -14.35 | 29.1 | 49.72 | -19.74 | 26.03 | 0.11 | -15.86 | -23.98 |
| 22Q1 (10) | 75.29 | 55.59 | 22.09 | 88.37 | 335.11 | 2.02 | 4.49 | 3.22 | 271.07 | 0 | 0 | 0 | 178.94 | -12.17 | 4.28 | 5.52 | 8.24 | 9.31 | 138.48 | 2.54 | 12.52 | 19.13 | 1.5 | 11.73 | 142.57 | 8.29 | 39.2 | 2.13 | 3.9 | -62.37 | 16.04 | 56.34 | 20.24 | 22.31 | -1.15 | -5.02 | 45.52 | -0.02 | 0.8 | 17.7 | 0.0 | 12.17 | 10.46 | 0.0 | -1.23 | 70.45 | 8.52 | 12.92 | 98.61 | 5.93 | 11.1 | -8.5 | 41.18 | 32.05 | 61.95 | 22.75 | 24.2 | 0.13 | -4.69 | -4.49 |
| 21Q4 (9) | 48.39 | -6.51 | -30.22 | 20.31 | -79.64 | 124.42 | 4.35 | 51.04 | 480.0 | 0 | 0 | 0 | 203.74 | 15.31 | 4.17 | 5.1 | -24.11 | 38.96 | 135.05 | -5.12 | -1.97 | 18.85 | -6.2 | -6.64 | 131.65 | 3.59 | 28.48 | 2.05 | -48.36 | -64.04 | 10.26 | -7.73 | 50.66 | 22.57 | -1.31 | -4.81 | 45.53 | 0.84 | 0.98 | 17.7 | 0.0 | 12.17 | 10.46 | 0.0 | -1.23 | 64.92 | 8.42 | 13.24 | 93.09 | 5.74 | 11.21 | -14.45 | -4.41 | -24.57 | 50.47 | 9.62 | 10.37 | 0.14 | -1.06 | -3.43 |
| 21Q3 (8) | 51.76 | 0.96 | -52.25 | 99.75 | -3.47 | 52.76 | 2.88 | 4.73 | 0 | 0 | 0 | 0 | 176.69 | 7.42 | -6.55 | 6.72 | 9.98 | -13.07 | 142.34 | 6.16 | -4.86 | 20.09 | 8.02 | -1.02 | 127.09 | 13.22 | 44.58 | 3.97 | -1.24 | -54.89 | 11.12 | -3.05 | 205.49 | 22.87 | -1.25 | -4.95 | 45.15 | 0.0 | 0.13 | 17.7 | 0.0 | 12.17 | 10.46 | 0.0 | -1.23 | 59.88 | 12.64 | 11.49 | 88.04 | 8.26 | 9.94 | -13.84 | -0.95 | 2.67 | 46.04 | 16.7 | 16.59 | 0.14 | -4.19 | -2.65 |
| 21Q2 (7) | 51.27 | -16.86 | -53.21 | 103.34 | 19.3 | 34.59 | 2.75 | 127.27 | 0 | 0 | 0 | 0 | 164.48 | -4.14 | 1.21 | 6.11 | 20.99 | 21.47 | 134.08 | 8.95 | 11.01 | 18.60 | 8.65 | 0 | 112.25 | 9.6 | 55.02 | 4.02 | -28.98 | -55.58 | 11.47 | -14.02 | 416.67 | 23.16 | -1.4 | -5.08 | 45.15 | -0.02 | 0.62 | 17.7 | 12.17 | 12.17 | 10.46 | -1.23 | -1.23 | 53.16 | -14.79 | 15.62 | 81.32 | -8.38 | 12.4 | -13.71 | -9.59 | 10.1 | 39.45 | -20.91 | 28.38 | 0.15 | 5.7 | -2.46 |
| 21Q1 (6) | 61.67 | -11.07 | -60.57 | 86.62 | 857.13 | -5.35 | 1.21 | 61.33 | 0 | 0 | 0 | 0 | 171.59 | -12.27 | 26.88 | 5.05 | 37.6 | 82.97 | 123.07 | -10.67 | 10.27 | 17.12 | -15.19 | 0 | 102.42 | -0.05 | 15.86 | 5.66 | -0.7 | -39.53 | 13.34 | 95.89 | 783.44 | 23.49 | -0.93 | -5.09 | 45.16 | 0.16 | 0.65 | 15.78 | 0.0 | 15.18 | 10.59 | 0.0 | 59.97 | 62.39 | 8.83 | 8.02 | 88.76 | 6.03 | 13.66 | -12.51 | -7.84 | 5.37 | 49.88 | 9.08 | 11.99 | 0.14 | -3.63 | -4.66 |
| 20Q4 (5) | 69.35 | -36.02 | 3.49 | 9.05 | -86.14 | -17.12 | 0.75 | 0 | 167.86 | 0 | 0 | 0 | 195.59 | 3.45 | -21.81 | 3.67 | -52.52 | -39.04 | 137.77 | -7.91 | -28.9 | 20.19 | -0.55 | 0 | 102.47 | 16.58 | -2.34 | 5.7 | -35.23 | -39.3 | 6.81 | 87.09 | 350.99 | 23.71 | -1.45 | -5.2 | 45.09 | 0.0 | 0.51 | 15.78 | 0.0 | 15.18 | 10.59 | 0.0 | 59.97 | 57.33 | 6.74 | 4.24 | 83.71 | 4.53 | 11.12 | -11.6 | 18.42 | 2.85 | 45.73 | 15.8 | 6.2 | 0.14 | -0.26 | -5.71 |
| 20Q3 (4) | 108.39 | -1.09 | 0.0 | 65.3 | -14.95 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 189.07 | 16.34 | 0.0 | 7.73 | 53.68 | 0.0 | 149.61 | 23.87 | 0.0 | 20.30 | 0 | 0.0 | 87.9 | 21.39 | 0.0 | 8.8 | -2.76 | 0.0 | 3.64 | 63.96 | 0.0 | 24.06 | -1.39 | 0.0 | 45.09 | 0.49 | 0.0 | 15.78 | 0.0 | 0.0 | 10.59 | 0.0 | 0.0 | 53.71 | 16.81 | 0.0 | 80.08 | 10.68 | 0.0 | -14.22 | 6.75 | 0.0 | 39.49 | 28.51 | 0.0 | 0.14 | -4.0 | 0.0 |
