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) | 17.95 | 44.29 | 224.45 | 10.68 | 18.69 | 264.33 | 0 | 0 | 55.91 | 90.56 | 12.31 | 359.33 | 1.97 | 203.08 | 3.52 | 59.05 | 432.24 | 12.08 | 14.81 | -0.27 | 66.45 | -26.91 | 1.1 | 0.0 | 51.1 | 20.04 | 8.83 | 3.03 | 2.24 | -23.55 | 20.03 | 92.6 | 31.1 | 42.07 | -2.92 | 0 | 17.11 | 109.68 | 0.10 | -17.87 |
| 2022 (9) | 12.44 | -2.89 | 202.8 | 22.32 | 5.13 | 175.81 | 0 | 0 | 29.34 | -3.77 | 2.68 | 5.93 | 0.65 | -41.44 | 2.22 | -39.15 | 385.66 | 15.62 | 14.85 | -1.0 | 90.91 | 6.53 | 1.1 | 0.0 | 42.57 | 22.68 | 8.57 | 2.88 | 2.93 | 36.92 | 10.4 | -14.89 | 21.89 | -3.53 | -2.24 | 0 | 8.16 | -12.16 | 0.13 | -11.94 |
| 2021 (8) | 12.81 | 14.78 | 165.79 | 48.62 | 1.86 | -28.19 | 0 | 0 | 30.49 | -45.41 | 2.53 | -58.46 | 1.11 | -91.34 | 3.64 | -84.14 | 333.55 | 27.22 | 15.0 | -0.99 | 85.34 | 24.97 | 1.1 | 0.0 | 34.7 | 0.23 | 8.33 | 7.76 | 2.14 | 68.5 | 12.22 | -32.97 | 22.69 | -16.67 | -2.93 | 0 | 9.29 | -42.26 | 0.14 | 280.71 |
| 2020 (7) | 11.16 | -28.14 | 111.55 | 26.0 | 2.59 | -52.48 | 0 | 0 | 55.85 | 144.96 | 6.09 | 411.76 | 12.82 | 1731.43 | 22.95 | 647.66 | 262.19 | 43.74 | 15.15 | -0.92 | 68.29 | 35.82 | 1.1 | -0.9 | 34.62 | 0.0 | 7.73 | 1.58 | 1.27 | 118.97 | 18.23 | 39.91 | 27.23 | 28.32 | -2.14 | 0 | 16.09 | 36.82 | 0.04 | -1.75 |
| 2019 (6) | 15.53 | -42.52 | 88.53 | 24.1 | 5.45 | 598.72 | 0 | 0 | 22.8 | -59.98 | 1.19 | -83.24 | 0.7 | 34.62 | 3.07 | 236.36 | 182.4 | 24.66 | 15.29 | -17.22 | 50.28 | -7.71 | 1.11 | 0.91 | 34.62 | 0.0 | 7.61 | 10.29 | 0.58 | 0 | 13.03 | -35.27 | 21.22 | -21.49 | -1.27 | 0 | 11.76 | -39.85 | 0.04 | 5.56 |
| 2018 (5) | 27.02 | 100.3 | 71.34 | -26.37 | 0.78 | -95.48 | 0 | 0 | 56.97 | 26.46 | 7.1 | -2.47 | 0.52 | -97.95 | 0.91 | -98.38 | 146.32 | -16.8 | 18.47 | 13.31 | 54.48 | 66.45 | 1.1 | 1.85 | 34.62 | 1.05 | 6.9 | 11.83 | 0 | 0 | 20.13 | 34.02 | 27.03 | 22.25 | -0.58 | 0 | 19.55 | 17.98 | 0.04 | 20.93 |
| 2017 (4) | 13.49 | -10.96 | 96.89 | 20.63 | 17.24 | 53.79 | 0 | 0 | 45.05 | 39.3 | 7.28 | 70.09 | 25.35 | 11422.73 | 56.27 | 8171.81 | 175.87 | -5.1 | 16.3 | -0.91 | 32.73 | -30.54 | 1.08 | 0.0 | 34.26 | -9.87 | 6.17 | 7.49 | 0.92 | 0 | 15.02 | 36.67 | 22.11 | 32.16 | 1.55 | 0 | 16.57 | 64.55 | 0.03 | -19.14 |
| 2016 (3) | 15.15 | 93.24 | 80.32 | -3.44 | 11.21 | -39.63 | 0 | 0 | 32.34 | -29.86 | 4.28 | -53.17 | 0.22 | -77.32 | 0.68 | -67.66 | 185.33 | -2.59 | 16.45 | -0.96 | 47.12 | 27.63 | 1.08 | 0.0 | 38.01 | 0.0 | 5.74 | 18.84 | 0 | 0 | 10.99 | -10.43 | 16.73 | -2.16 | -0.92 | 0 | 10.07 | -16.22 | 0.04 | 61.77 |
| 2015 (2) | 7.84 | 56.49 | 83.18 | -4.92 | 18.57 | 68.82 | 0 | 0 | 46.11 | 107.98 | 9.14 | 33.24 | 0.97 | -64.47 | 2.10 | -82.92 | 190.26 | -1.38 | 16.61 | 428.98 | 36.92 | -6.22 | 1.08 | 0.0 | 38.01 | -2.81 | 4.83 | 16.67 | 0 | 0 | 12.27 | 45.21 | 17.1 | 35.82 | -0.25 | 0 | 12.02 | 38.64 | 0.02 | 73.35 |
| 2014 (1) | 5.01 | -29.24 | 87.48 | 38.55 | 11.0 | 356.43 | 0 | 0 | 22.17 | -63.67 | 6.86 | -54.99 | 2.73 | 2175.0 | 12.31 | 6161.64 | 192.93 | 22.57 | 3.14 | -45.1 | 39.37 | 18.44 | 1.08 | 0.0 | 39.11 | 5.85 | 4.14 | 23.95 | 0 | 0 | 8.45 | 5.76 | 12.59 | 10.73 | 0.22 | 340.0 | 8.67 | 7.84 | 0.01 | 22.1 |
| 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) | 32.91 | 83.04 | 164.34 | 301.09 | 9.97 | 34.66 | 23.95 | 55.32 | 74.95 | 0 | 0 | 0 | 2.21 | -24.57 | -90.57 | -1.95 | -83.96 | -134.82 | 0.99 | 160.53 | -64.13 | 2.15 | 280.47 | -78.75 | 558.39 | 6.9 | 30.51 | 14.69 | -0.2 | -1.34 | 70.47 | -12.85 | -16.7 | 1.1 | 0.0 | 0.0 | 59.85 | 8.8 | 18.23 | 10.07 | 0.0 | 14.04 | 2.92 | 0.0 | 30.36 | 3.55 | -35.45 | -70.95 | 16.53 | -10.55 | -29.06 | -0.41 | 83.13 | 82.55 | 3.14 | 2.28 | -68.19 | 0.10 | -8.97 | -7.34 |
| 24Q2 (19) | 17.98 | 58.83 | 67.57 | 273.79 | 11.27 | 26.43 | 15.42 | -43.56 | 12.88 | 0 | 0 | 0 | 2.93 | -72.51 | 123.66 | -1.06 | -1077.78 | -51.43 | 0.38 | -37.7 | 0.0 | 0.56 | -39.2 | -85.95 | 522.33 | 11.68 | 24.6 | 14.72 | -0.34 | -1.47 | 80.86 | 20.69 | 1.4 | 1.1 | 0.0 | 0.0 | 55.01 | 6.09 | 20.58 | 10.07 | 14.04 | 14.04 | 2.92 | 30.36 | 30.36 | 5.5 | -52.26 | -16.92 | 18.48 | -18.23 | 4.47 | -2.43 | 13.52 | -0.41 | 3.07 | -64.75 | -26.9 | 0.11 | 0.64 | -14.36 |
| 24Q1 (18) | 11.32 | -36.94 | 20.04 | 246.05 | 9.62 | 18.17 | 27.32 | 46.17 | 669.58 | 0 | 0 | 0 | 10.66 | -64.81 | 1111.36 | -0.09 | -101.15 | 77.5 | 0.61 | -69.04 | 24.49 | 0.93 | -73.65 | -43.81 | 467.72 | 8.21 | 17.54 | 14.77 | -0.27 | -0.27 | 67.0 | 0.83 | -25.9 | 1.1 | 0.0 | 0.0 | 51.85 | 1.47 | 21.8 | 8.83 | 0.0 | 3.03 | 2.24 | 0.0 | -23.55 | 11.52 | -42.49 | 15.2 | 22.6 | -27.33 | 5.17 | -2.81 | 3.77 | -24.89 | 8.71 | -49.09 | 12.39 | 0.11 | 6.64 | -11.78 |
| 23Q4 (17) | 17.95 | 44.18 | 44.29 | 224.45 | 0.38 | 10.68 | 18.69 | 36.52 | 264.33 | 0 | 0 | 0 | 30.29 | 29.28 | 1692.31 | 7.81 | 39.46 | 597.32 | 1.97 | -28.62 | 203.08 | 3.52 | -65.14 | 58.99 | 432.24 | 1.03 | 12.08 | 14.81 | -0.54 | -0.27 | 66.45 | -21.45 | -26.91 | 1.1 | 0.0 | 0.0 | 51.1 | 0.95 | 20.04 | 8.83 | 0.0 | 3.03 | 2.24 | 0.0 | -23.55 | 20.03 | 63.91 | 92.6 | 31.1 | 33.48 | 42.07 | -2.92 | -24.26 | -30.36 | 17.11 | 73.35 | 109.68 | 0.10 | -5.15 | -17.87 |
| 23Q3 (16) | 12.45 | 16.03 | 1.06 | 223.59 | 3.25 | 18.26 | 13.69 | 0.22 | 291.14 | 0 | 0 | 0 | 23.43 | 1688.55 | 319.89 | 5.6 | 900.0 | 1706.45 | 2.76 | 626.32 | -17.61 | 10.11 | 151.59 | -13.48 | 427.84 | 2.06 | 16.84 | 14.89 | -0.33 | 0.07 | 84.6 | 6.09 | -7.9 | 1.1 | 0.0 | 0.0 | 50.62 | 10.96 | 18.91 | 8.83 | 0.0 | 3.03 | 2.24 | 0.0 | -23.55 | 12.22 | 84.59 | 31.68 | 23.3 | 31.71 | 12.13 | -2.35 | 2.89 | 10.31 | 9.87 | 135.0 | 48.2 | 0.11 | -15.86 | -14.13 |
| 23Q2 (15) | 10.73 | 13.79 | -26.05 | 216.56 | 4.01 | 20.82 | 13.66 | 284.79 | 638.38 | 0 | 0 | 0 | 1.31 | 48.86 | -93.91 | -0.7 | -75.0 | -129.17 | 0.38 | -22.45 | -55.81 | 4.02 | 143.06 | 15.74 | 419.2 | 5.34 | 18.31 | 14.94 | 0.88 | 0.13 | 79.74 | -11.81 | -5.91 | 1.1 | 0.0 | 0.0 | 45.62 | 7.16 | 7.16 | 8.83 | 3.03 | 3.03 | 2.24 | -23.55 | -23.55 | 6.62 | -33.8 | -26.2 | 17.69 | -17.68 | -13.58 | -2.42 | -7.56 | 9.36 | 4.2 | -45.81 | -33.33 | 0.13 | 3.67 | 0.33 |
| 23Q1 (14) | 9.43 | -24.2 | -20.42 | 208.21 | 2.67 | 18.7 | 3.55 | -30.8 | 91.89 | 0 | 0 | 0 | 0.88 | -47.93 | 57.14 | -0.4 | -135.71 | 65.22 | 0.49 | -24.62 | -47.31 | 1.65 | -25.43 | -84.33 | 397.94 | 3.18 | 13.45 | 14.81 | -0.27 | -1.0 | 90.42 | -0.54 | 6.48 | 1.1 | 0.0 | 0.0 | 42.57 | 0.0 | 22.68 | 8.57 | 0.0 | 2.88 | 2.93 | 0.0 | 36.92 | 10.0 | -3.85 | -9.67 | 21.49 | -1.83 | -0.23 | -2.25 | -0.45 | 3.85 | 7.75 | -5.02 | -11.23 | 0.12 | -0.72 | -13.24 |
| 22Q4 (13) | 12.44 | 0.97 | -2.89 | 202.8 | 7.26 | 22.32 | 5.13 | 46.57 | 175.81 | 0 | 0 | 0 | 1.69 | -69.71 | 62.5 | 1.12 | 261.29 | 386.96 | 0.65 | -80.6 | -41.44 | 2.22 | -81.03 | -39.11 | 385.66 | 5.32 | 15.62 | 14.85 | -0.2 | -1.0 | 90.91 | -1.03 | 6.53 | 1.1 | 0.0 | 0.0 | 42.57 | 0.0 | 22.68 | 8.57 | 0.0 | 2.88 | 2.93 | 0.0 | 36.92 | 10.4 | 12.07 | -14.89 | 21.89 | 5.34 | -3.53 | -2.24 | 14.5 | 23.55 | 8.16 | 22.52 | -12.16 | 0.13 | -0.83 | -11.94 |
| 22Q3 (12) | 12.32 | -15.09 | -49.47 | 189.07 | 5.48 | 34.25 | 3.5 | 89.19 | 186.89 | 0 | 0 | 0 | 5.58 | -74.05 | 232.14 | 0.31 | -87.08 | 321.43 | 3.35 | 289.53 | 75.39 | 11.68 | 236.56 | 248.4 | 366.18 | 3.35 | 28.34 | 14.88 | -0.27 | -1.06 | 91.86 | 8.39 | 14.1 | 1.1 | 0.0 | 0.0 | 42.57 | 0.0 | 22.68 | 8.57 | 0.0 | 2.88 | 2.93 | 0.0 | 36.92 | 9.28 | 3.46 | -22.6 | 20.78 | 1.51 | -7.48 | -2.62 | 1.87 | 8.39 | 6.66 | 5.71 | -27.05 | 0.13 | -1.69 | -10.95 |
| 22Q2 (11) | 14.51 | 22.45 | -21.27 | 179.24 | 2.18 | 37.89 | 1.85 | 0.0 | 51.64 | 0 | 0 | 0 | 21.5 | 3739.29 | 288.09 | 2.4 | 308.7 | 671.43 | 0.86 | -7.53 | -70.14 | 3.47 | -67.09 | -23.15 | 354.32 | 1.01 | 31.09 | 14.92 | -0.27 | -1.06 | 84.75 | -0.2 | 4.72 | 1.1 | 0.0 | 0.92 | 42.57 | 22.68 | 22.68 | 8.57 | 2.88 | 10.87 | 2.93 | 36.92 | 130.71 | 8.97 | -18.97 | -56.41 | 20.47 | -4.97 | -30.8 | -2.67 | -14.1 | 2.2 | 6.3 | -27.84 | -64.71 | 0.13 | -10.35 | 251.59 |
| 22Q1 (10) | 11.85 | -7.49 | -6.69 | 175.41 | 5.8 | 38.55 | 1.85 | -0.54 | -48.32 | 0 | 0 | 0 | 0.56 | -46.15 | -97.48 | -1.15 | -600.0 | -140.21 | 0.93 | -16.22 | -76.03 | 10.54 | 189.73 | 79.88 | 350.76 | 5.16 | 34.43 | 14.96 | -0.27 | -0.99 | 84.92 | -0.49 | 26.11 | 1.1 | 0.0 | 0.0 | 34.7 | 0.0 | 0.23 | 8.33 | 0.0 | 7.76 | 2.14 | 0.0 | 68.5 | 11.07 | -9.41 | -47.51 | 21.54 | -5.07 | -28.41 | -2.34 | 20.14 | 7.14 | 8.73 | -6.03 | -52.99 | 0.14 | 0.76 | 306.1 |
| 21Q4 (9) | 12.81 | -47.46 | 14.78 | 165.79 | 17.72 | 48.62 | 1.86 | 52.46 | -28.19 | 0 | 0 | 0 | 1.04 | -38.1 | -96.22 | 0.23 | 264.29 | -96.25 | 1.11 | -41.88 | -91.34 | 3.64 | 8.55 | -84.15 | 333.55 | 16.91 | 27.22 | 15.0 | -0.27 | -0.99 | 85.34 | 6.0 | 24.97 | 1.1 | 0.0 | 0.0 | 34.7 | 0.0 | 0.23 | 8.33 | 0.0 | 7.76 | 2.14 | 0.0 | 68.5 | 12.22 | 1.92 | -32.97 | 22.69 | 1.02 | -16.67 | -2.93 | -2.45 | -36.92 | 9.29 | 1.75 | -42.26 | 0.14 | 0.29 | 280.71 |
| 21Q3 (8) | 24.38 | 32.28 | 55.68 | 140.83 | 8.34 | 31.05 | 1.22 | 0.0 | -44.8 | 0 | 0 | 0 | 1.68 | -69.68 | -80.19 | -0.14 | 66.67 | -135.9 | 1.91 | -33.68 | 117.05 | 3.35 | -25.76 | 44.81 | 285.31 | 5.56 | 32.51 | 15.04 | -0.27 | -0.99 | 80.51 | -0.52 | 31.66 | 1.1 | 0.92 | 0.0 | 34.7 | 0.0 | 0.23 | 8.33 | 7.76 | 7.76 | 2.14 | 68.5 | 68.5 | 11.99 | -41.74 | -1.15 | 22.46 | -24.07 | 6.29 | -2.86 | -4.76 | -50.53 | 9.13 | -48.85 | -10.75 | 0.14 | 288.13 | 273.88 |
| 21Q2 (7) | 18.43 | 45.12 | 19.29 | 129.99 | 2.68 | 31.18 | 1.22 | -65.92 | 662.5 | 0 | 0 | 0 | 5.54 | -75.09 | -30.4 | -0.42 | -114.69 | -82.61 | 2.88 | -25.77 | 526.09 | 4.52 | -22.96 | 0 | 270.29 | 3.59 | 32.22 | 15.08 | -0.2 | -0.85 | 80.93 | 20.18 | 26.77 | 1.09 | -0.91 | -0.91 | 34.7 | 0.23 | 0.23 | 7.73 | 0.0 | 0.0 | 1.27 | 0.0 | 0.0 | 20.58 | -2.42 | 74.41 | 29.58 | -1.69 | 42.21 | -2.73 | -8.33 | -39.29 | 17.85 | -3.88 | 81.4 | 0.04 | 3.55 | 3.21 |
| 21Q1 (6) | 12.7 | 13.8 | -24.0 | 126.6 | 13.49 | 61.64 | 3.58 | 38.22 | -34.31 | 0 | 0 | 0 | 22.24 | -19.16 | 87.05 | 2.86 | -53.34 | 1688.89 | 3.88 | -69.73 | 300.0 | 5.86 | -74.47 | 0 | 260.93 | -0.48 | 42.68 | 15.11 | -0.26 | -0.92 | 67.34 | -1.39 | 7.5 | 1.1 | 0.0 | 0.0 | 34.62 | 0.0 | 0.0 | 7.73 | 0.0 | 1.58 | 1.27 | 0.0 | 118.97 | 21.09 | 15.69 | 64.12 | 30.09 | 10.5 | 43.01 | -2.52 | -17.76 | -17.76 | 18.57 | 15.41 | 73.39 | 0.04 | -5.54 | -3.61 |
| 20Q4 (5) | 11.16 | -28.74 | -28.14 | 111.55 | 3.81 | 26.0 | 2.59 | 17.19 | -52.48 | 0 | 0 | 0 | 27.51 | 224.41 | 184.19 | 6.13 | 1471.79 | 666.25 | 12.82 | 1356.82 | 1731.43 | 22.96 | 891.65 | 0 | 262.19 | 21.77 | 43.74 | 15.15 | -0.26 | -0.92 | 68.29 | 11.68 | 35.82 | 1.1 | 0.0 | -0.9 | 34.62 | 0.0 | 0.0 | 7.73 | 0.0 | 1.58 | 1.27 | 0.0 | 118.97 | 18.23 | 50.29 | 39.91 | 27.23 | 28.87 | 28.32 | -2.14 | -12.63 | -68.5 | 16.09 | 57.28 | 36.82 | 0.04 | -1.51 | -1.75 |
| 20Q3 (4) | 15.66 | 1.36 | 0.0 | 107.46 | 8.45 | 0.0 | 2.21 | 1281.25 | 0.0 | 0 | 0 | 0.0 | 8.48 | 6.53 | 0.0 | 0.39 | 269.57 | 0.0 | 0.88 | 91.3 | 0.0 | 2.32 | 0 | 0.0 | 215.31 | 5.33 | 0.0 | 15.19 | -0.13 | 0.0 | 61.15 | -4.21 | 0.0 | 1.1 | 0.0 | 0.0 | 34.62 | 0.0 | 0.0 | 7.73 | 0.0 | 0.0 | 1.27 | 0.0 | 0.0 | 12.13 | 2.8 | 0.0 | 21.13 | 1.59 | 0.0 | -1.9 | 3.06 | 0.0 | 10.23 | 3.96 | 0.0 | 0.04 | 7.15 | 0.0 |
