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) | 64.79 | 158.23 | 11.64 | -26.65 | 0.13 | -98.93 | 0 | 0 | 135.25 | 9.38 | 23.4 | 15.9 | 25.77 | 1.3 | 19.05 | -7.39 | 65.15 | 1.51 | 7.62 | -23.34 | 110.74 | 32.27 | 0 | 0 | 53.96 | 18.05 | 11.17 | 22.08 | 0.43 | -58.25 | 39.86 | 31.42 | 51.46 | 27.06 | -0.68 | 0 | 39.18 | 31.04 | 0.04 | -24.49 |
| 2022 (9) | 25.09 | 104.65 | 15.87 | 3.46 | 12.12 | -6.05 | 0 | 0 | 123.65 | 40.98 | 20.19 | 168.48 | 25.44 | 22.96 | 20.57 | -12.78 | 64.18 | 19.96 | 9.94 | 23.17 | 83.72 | 8.77 | 0 | 0 | 45.71 | 0.09 | 9.15 | 8.41 | 1.03 | -44.92 | 30.33 | 86.3 | 40.5 | 52.31 | -0.43 | 0 | 29.9 | 91.79 | 0.05 | -8.93 |
| 2021 (8) | 12.26 | 15.01 | 15.34 | 8.87 | 12.9 | 50.88 | 0 | 0 | 87.71 | 14.8 | 7.52 | 244.95 | 20.69 | 39.8 | 23.59 | 21.77 | 53.5 | 18.6 | 8.07 | 287.98 | 76.97 | -5.24 | 0 | 0 | 45.67 | -2.14 | 8.44 | 3.3 | 1.87 | -1.58 | 16.28 | 44.71 | 26.59 | 24.72 | -0.69 | 0 | 15.59 | 44.22 | 0.06 | -20.28 |
| 2020 (7) | 10.66 | 34.09 | 14.09 | -22.92 | 8.55 | 772.45 | 0 | 0 | 76.4 | -27.67 | 2.18 | -22.14 | 14.8 | -20.73 | 19.37 | 9.59 | 45.11 | -5.21 | 2.08 | 18.18 | 81.23 | 7.33 | 0 | 0 | 46.67 | 0.0 | 8.17 | 3.55 | 1.9 | 11.11 | 11.25 | -0.71 | 21.32 | 1.91 | -0.44 | 0 | 10.81 | 1.98 | 0.07 | 0.14 |
| 2019 (6) | 7.95 | -20.9 | 18.28 | -46.12 | 0.98 | -92.52 | 0 | 0 | 105.62 | 2.78 | 2.8 | 15.23 | 18.67 | -10.93 | 17.68 | -13.34 | 47.59 | -4.15 | 1.76 | 66.04 | 75.68 | 71.03 | 0 | 0 | 46.67 | 0.0 | 7.89 | 3.14 | 1.71 | 101.18 | 11.33 | -3.16 | 20.92 | 3.56 | -0.73 | 0 | 10.6 | -8.54 | 0.07 | -1.41 |
| 2018 (5) | 10.05 | -7.29 | 33.93 | 107.27 | 13.11 | 28.53 | 0 | 0 | 102.76 | 12.1 | 2.43 | 64.19 | 20.96 | 5.22 | 20.40 | -6.13 | 49.65 | 9.6 | 1.06 | 41.33 | 44.25 | -19.25 | 0 | 0 | 46.67 | 0.0 | 7.65 | 2.0 | 0.85 | 46.55 | 11.7 | 5.69 | 20.2 | 5.48 | -0.11 | 0 | 11.59 | 0.96 | 0.07 | -11.76 |
| 2017 (4) | 10.84 | -17.25 | 16.37 | 35.96 | 10.2 | 1224.68 | 0 | 0 | 91.67 | 4.86 | 1.48 | -54.18 | 19.92 | -2.16 | 21.73 | -6.7 | 45.3 | 16.33 | 0.75 | 4.17 | 54.8 | -4.78 | 0 | 0 | 46.67 | 0.0 | 7.5 | 4.46 | 0.58 | -17.14 | 11.07 | -11.23 | 19.15 | -5.85 | 0.41 | -21.15 | 11.48 | -11.62 | 0.08 | -31.09 |
| 2016 (3) | 13.1 | 15.22 | 12.04 | -27.29 | 0.77 | -94.36 | 0 | 0 | 87.42 | -19.52 | 3.23 | -53.66 | 20.36 | 5.38 | 23.29 | 30.95 | 38.94 | 14.33 | 0.72 | 7100.0 | 57.55 | 52.9 | 0 | 0 | 46.67 | 3.99 | 7.18 | 10.8 | 0.7 | 55.56 | 12.47 | -16.81 | 20.34 | -7.21 | 0.52 | -63.38 | 12.99 | -20.84 | 0.12 | -11.03 |
| 2015 (2) | 11.37 | 52.82 | 16.56 | -4.55 | 13.65 | -2.57 | 0 | 0 | 108.63 | -10.83 | 6.97 | 9.42 | 19.32 | -24.18 | 17.79 | -14.96 | 34.06 | -23.94 | 0.01 | 0 | 37.64 | -26.33 | 0.13 | 18.18 | 44.88 | -0.4 | 6.48 | 10.96 | 0.45 | -2.17 | 14.99 | 24.81 | 21.92 | 19.65 | 1.42 | -11.8 | 16.41 | 20.48 | 0.14 | -6.34 |
| 2014 (1) | 7.44 | -22.82 | 17.35 | 34.29 | 14.01 | 9.45 | 0 | 0 | 121.83 | 13.59 | 6.37 | 132.48 | 25.48 | 10.78 | 20.91 | -2.48 | 44.78 | 22.25 | 0 | 0 | 51.09 | -8.16 | 0.11 | 37.5 | 45.06 | 0.81 | 5.84 | 4.85 | 0.46 | -53.54 | 12.01 | 56.58 | 18.32 | 28.74 | 1.61 | 67.71 | 13.62 | 57.82 | 0.15 | 5.43 |
| 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) | 78.08 | 3.86 | 24.67 | 15.6 | 43.12 | 27.24 | 3.77 | 0 | 1116.13 | 0 | 0 | 0 | 30.39 | -9.66 | -7.77 | 9.91 | 38.41 | 89.12 | 25.69 | -9.45 | -13.53 | 19.60 | -7.68 | -10.5 | 69.24 | 9.33 | 2.99 | 36.38 | -1.2 | 393.62 | 118.46 | 0.53 | 4.45 | 1.06 | 0 | 0 | 60.25 | 0.0 | 13.72 | 13.5 | 0.0 | 20.86 | 0.68 | 0.0 | 58.14 | 45.13 | 28.69 | 35.73 | 59.31 | 20.43 | 32.21 | -0.22 | -833.33 | -100.0 | 44.91 | 27.95 | 35.52 | 0.03 | 8.61 | -12.23 |
| 24Q2 (19) | 75.18 | -0.73 | 364.65 | 10.9 | -16.02 | -6.6 | 0 | 0 | -100.0 | 0 | 0 | 0 | 33.64 | -1.44 | -7.12 | 7.16 | 25.39 | 18.94 | 28.37 | -2.48 | -0.7 | 21.23 | -0.59 | 0.52 | 63.33 | -1.05 | -4.35 | 36.82 | -4.16 | 479.84 | 117.84 | 0.25 | 168.73 | 0 | 0 | 0 | 60.25 | 0.0 | 15.22 | 13.5 | 20.86 | 20.86 | 0.68 | 58.14 | 58.14 | 35.07 | 14.91 | 25.16 | 49.25 | 16.93 | 24.31 | 0.03 | 150.0 | 105.77 | 35.1 | 15.23 | 27.64 | 0.03 | -12.43 | -31.41 |
| 24Q1 (18) | 75.73 | 16.89 | 229.12 | 12.98 | 11.51 | -15.0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 34.13 | 3.71 | 2.86 | 5.71 | -13.62 | 3.44 | 29.09 | 12.88 | 16.97 | 21.36 | 12.1 | 11.98 | 64.0 | -1.77 | -4.55 | 38.42 | 404.2 | 456.81 | 117.55 | 6.15 | 93.31 | 0 | 0 | 0 | 60.25 | 11.66 | 20.02 | 11.17 | 0.0 | 22.08 | 0.43 | 0.0 | -58.25 | 30.52 | -23.43 | -14.7 | 42.12 | -18.15 | -8.36 | -0.06 | 91.18 | 81.82 | 30.46 | -22.26 | -14.08 | 0.03 | -14.9 | -26.4 |
| 23Q4 (17) | 64.79 | 3.45 | 158.23 | 11.64 | -5.06 | -26.65 | 0.13 | -58.06 | -98.93 | 0 | 0 | 0 | 32.91 | -0.12 | -1.2 | 6.61 | 26.15 | 17.62 | 25.77 | -13.26 | 1.3 | 19.05 | -13.01 | -7.4 | 65.15 | -3.09 | 1.51 | 7.62 | 3.39 | -23.34 | 110.74 | -2.35 | 32.27 | 0 | 0 | 0 | 53.96 | 1.85 | 18.05 | 11.17 | 0.0 | 22.08 | 0.43 | 0.0 | -58.25 | 39.86 | 19.88 | 31.42 | 51.46 | 14.71 | 27.06 | -0.68 | -518.18 | -58.14 | 39.18 | 18.23 | 31.04 | 0.04 | 8.44 | -24.49 |
| 23Q3 (16) | 62.63 | 287.08 | 212.84 | 12.26 | 5.06 | -21.81 | 0.31 | -98.63 | -96.99 | 0 | 0 | 0 | 32.95 | -9.03 | 1.2 | 5.24 | -12.96 | -6.6 | 29.71 | 3.99 | 4.72 | 21.90 | 3.69 | -10.6 | 67.23 | 1.54 | 12.03 | 7.37 | 16.06 | -32.51 | 113.41 | 158.63 | 25.04 | 0 | 0 | 0 | 52.98 | 1.32 | 16.01 | 11.17 | 0.0 | 22.08 | 0.43 | 0.0 | -58.25 | 33.25 | 18.67 | 34.51 | 44.86 | 13.23 | 28.58 | -0.11 | 78.85 | 64.52 | 33.14 | 20.51 | 35.76 | 0.04 | -15.13 | -31.46 |
| 23Q2 (15) | 16.18 | -29.68 | 27.4 | 11.67 | -23.58 | -48.13 | 22.6 | 11.28 | 13.68 | 0 | 0 | 0 | 36.22 | 9.16 | 15.53 | 6.02 | 9.06 | 9.65 | 28.57 | 14.88 | 4.65 | 21.12 | 10.74 | -16.69 | 66.21 | -1.25 | 12.62 | 6.35 | -7.97 | -39.0 | 43.85 | -27.89 | -39.0 | 0 | 0 | 0 | 52.29 | 4.16 | 14.5 | 11.17 | 22.08 | 22.08 | 0.43 | -58.25 | -58.25 | 28.02 | -21.69 | 46.39 | 39.62 | -13.79 | 35.13 | -0.52 | -57.58 | 14.75 | 27.5 | -22.43 | 48.41 | 0.04 | -6.03 | -22.29 |
| 23Q1 (14) | 23.01 | -8.29 | 95.5 | 15.27 | -3.78 | -4.86 | 20.31 | 67.57 | 38.73 | 0 | 0 | 0 | 33.18 | -0.39 | 25.54 | 5.52 | -1.78 | 59.54 | 24.87 | -2.24 | 2.3 | 19.07 | -7.3 | -24.32 | 67.05 | 4.47 | 23.1 | 6.9 | -30.58 | -15.34 | 60.81 | -27.37 | -21.07 | 0 | 0 | 0 | 50.2 | 9.82 | 9.92 | 9.15 | 0.0 | 8.41 | 1.03 | 0.0 | -44.92 | 35.78 | 17.97 | 165.04 | 45.96 | 13.48 | 93.03 | -0.33 | 23.26 | -32.0 | 35.45 | 18.56 | 167.55 | 0.05 | -12.7 | -27.22 |
| 22Q4 (13) | 25.09 | 25.32 | 104.65 | 15.87 | 1.21 | 3.46 | 12.12 | 17.56 | -6.05 | 0 | 0 | 0 | 33.31 | 2.3 | 30.78 | 5.62 | 0.18 | 129.39 | 25.44 | -10.33 | 22.96 | 20.57 | -16.01 | -12.78 | 64.18 | 6.95 | 19.96 | 9.94 | -8.97 | 23.17 | 83.72 | -7.7 | 8.77 | 0 | 0 | 0 | 45.71 | 0.09 | 0.09 | 9.15 | 0.0 | 8.41 | 1.03 | 0.0 | -44.92 | 30.33 | 22.69 | 86.3 | 40.5 | 16.08 | 52.31 | -0.43 | -38.71 | 37.68 | 29.9 | 22.49 | 91.79 | 0.05 | -1.57 | -8.93 |
| 22Q3 (12) | 20.02 | 57.64 | 264.0 | 15.68 | -30.31 | 7.69 | 10.31 | -48.14 | -19.89 | 0 | 0 | 0 | 32.56 | 3.86 | 33.28 | 5.61 | 2.19 | 177.72 | 28.37 | 3.92 | 31.83 | 24.50 | -3.38 | -11.03 | 60.01 | 2.08 | 22.72 | 10.92 | 4.9 | 61.54 | 90.7 | 26.16 | 27.32 | 0 | 0 | 0 | 45.67 | 0.0 | 0.0 | 9.15 | 0.0 | 8.41 | 1.03 | 0.0 | -44.92 | 24.72 | 29.15 | 73.11 | 34.89 | 19.0 | 41.89 | -0.31 | 49.18 | 47.46 | 24.41 | 31.73 | 78.31 | 0.05 | -3.77 | -11.25 |
| 22Q2 (11) | 12.7 | 7.9 | 28.54 | 22.5 | 40.19 | 65.2 | 19.88 | 35.79 | 66.5 | 0 | 0 | 0 | 31.35 | 18.62 | 55.66 | 5.49 | 58.67 | 247.47 | 27.3 | 12.3 | 60.49 | 25.35 | 0.61 | 7.12 | 58.79 | 7.93 | 12.47 | 10.41 | 27.73 | 398.09 | 71.89 | -6.68 | -10.29 | 0 | 0 | 0 | 45.67 | 0.0 | 0.0 | 9.15 | 8.41 | 12.0 | 1.03 | -44.92 | -45.79 | 19.14 | 41.78 | 53.0 | 29.32 | 23.14 | 29.79 | -0.61 | -144.0 | -15.09 | 18.53 | 39.85 | 54.67 | 0.06 | -11.99 | -56.3 |
| 22Q1 (10) | 11.77 | -4.0 | 15.17 | 16.05 | 4.63 | 17.58 | 14.64 | 13.49 | 71.23 | 0 | 0 | 0 | 26.43 | 3.77 | 49.58 | 3.46 | 41.22 | 136.99 | 24.31 | 17.5 | 52.22 | 25.20 | 6.83 | 12.7 | 54.47 | 1.81 | 13.6 | 8.15 | 0.99 | 291.83 | 77.04 | 0.09 | -5.03 | 0 | 0 | 0 | 45.67 | 0.0 | -2.14 | 8.44 | 0.0 | 3.3 | 1.87 | 0.0 | -1.58 | 13.5 | -17.08 | 23.74 | 23.81 | -10.46 | 13.43 | -0.25 | 63.77 | 50.98 | 13.25 | -15.01 | 27.4 | 0.06 | 9.24 | -38.23 |
| 21Q4 (9) | 12.26 | 122.91 | 15.01 | 15.34 | 5.36 | 8.87 | 12.9 | 0.23 | 50.88 | 0 | 0 | 0 | 25.47 | 4.26 | 59.99 | 2.45 | 21.29 | 150.0 | 20.69 | -3.86 | 39.8 | 23.59 | -14.33 | 21.79 | 53.5 | 9.41 | 18.6 | 8.07 | 19.38 | 287.98 | 76.97 | 8.04 | -5.24 | 0 | 0 | 0 | 45.67 | 0.0 | -2.14 | 8.44 | 0.0 | 3.3 | 1.87 | 0.0 | -1.58 | 16.28 | 14.01 | 44.71 | 26.59 | 8.13 | 24.72 | -0.69 | -16.95 | -56.82 | 15.59 | 13.88 | 44.22 | 0.06 | -4.08 | -20.28 |
| 21Q3 (8) | 5.5 | -44.33 | -35.14 | 14.56 | 6.9 | 1.32 | 12.87 | 7.79 | 134.0 | 0 | 0 | 0 | 24.43 | 21.3 | 34.67 | 2.02 | 27.85 | 1920.0 | 21.52 | 26.51 | 37.86 | 27.53 | 16.33 | 50.56 | 48.9 | -6.45 | 9.67 | 6.76 | 223.44 | 226.57 | 71.24 | -11.11 | -13.26 | 0 | 0 | 0 | 45.67 | 0.0 | -2.14 | 8.44 | 3.3 | 3.3 | 1.87 | -1.58 | -1.58 | 14.28 | 14.15 | 47.83 | 24.59 | 8.85 | 24.57 | -0.59 | -11.32 | 19.18 | 13.69 | 14.27 | 53.3 | 0.06 | -52.62 | -17.0 |
| 21Q2 (7) | 9.88 | -3.33 | -5.64 | 13.62 | -0.22 | -19.17 | 11.94 | 39.65 | 288.93 | 0 | 0 | 0 | 20.14 | 13.98 | 2.29 | 1.58 | 8.22 | 69.89 | 17.01 | 6.51 | 6.18 | 23.67 | 5.85 | 0 | 52.27 | 9.01 | 11.74 | 2.09 | 0.48 | 0.0 | 80.14 | -1.21 | -2.65 | 0 | 0 | 0 | 45.67 | -2.14 | -2.14 | 8.17 | 0.0 | 0.0 | 1.9 | 0.0 | 0.0 | 12.51 | 14.67 | 29.37 | 22.59 | 7.62 | 14.38 | -0.53 | -3.92 | 50.47 | 11.98 | 15.19 | 39.3 | 0.13 | 24.4 | 79.21 |
| 21Q1 (6) | 10.22 | -4.13 | 0.99 | 13.65 | -3.12 | -41.94 | 8.55 | 0.0 | 195.85 | 0 | 0 | 0 | 17.67 | 10.99 | -22.02 | 1.46 | 48.98 | 758.82 | 15.97 | 7.91 | -12.2 | 22.36 | 15.44 | 0 | 47.95 | 6.3 | -0.54 | 2.08 | 0.0 | 0.0 | 81.12 | -0.14 | 8.32 | 0 | 0 | 0 | 46.67 | 0.0 | 0.0 | 8.17 | 0.0 | 3.55 | 1.9 | 0.0 | 11.11 | 10.91 | -3.02 | 18.46 | 20.99 | -1.55 | 11.59 | -0.51 | -15.91 | 47.96 | 10.4 | -3.79 | 26.37 | 0.10 | 41.01 | 41.68 |
| 20Q4 (5) | 10.66 | 25.71 | 34.09 | 14.09 | -1.95 | -22.92 | 8.55 | 55.45 | 772.45 | 0 | 0 | 0 | 15.92 | -12.24 | -35.99 | 0.98 | 880.0 | 1860.0 | 14.8 | -5.19 | -20.73 | 19.37 | 5.92 | 0 | 45.11 | 1.17 | -5.21 | 2.08 | 0.48 | 18.18 | 81.23 | -1.1 | 7.33 | 0 | 0 | 0 | 46.67 | 0.0 | 0.0 | 8.17 | 0.0 | 3.55 | 1.9 | 0.0 | 11.11 | 11.25 | 16.46 | -0.71 | 21.32 | 8.0 | 1.91 | -0.44 | 39.73 | 39.73 | 10.81 | 21.05 | 1.98 | 0.07 | -0.14 | 0.14 |
| 20Q3 (4) | 8.48 | -19.01 | 0.0 | 14.37 | -14.72 | 0.0 | 5.5 | 79.15 | 0.0 | 0 | 0 | 0.0 | 18.14 | -7.87 | 0.0 | 0.1 | -89.25 | 0.0 | 15.61 | -2.56 | 0.0 | 18.29 | 0 | 0.0 | 44.59 | -4.68 | 0.0 | 2.07 | -0.96 | 0.0 | 82.13 | -0.23 | 0.0 | 0 | 0 | 0.0 | 46.67 | 0.0 | 0.0 | 8.17 | 0.0 | 0.0 | 1.9 | 0.0 | 0.0 | 9.66 | -0.1 | 0.0 | 19.74 | -0.05 | 0.0 | -0.73 | 31.78 | 0.0 | 8.93 | 3.84 | 0.0 | 0.07 | 2.3 | 0.0 |
