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) | 32.67 | -3.69 | 11.82 | 158.64 | 2.04 | -79.48 | 0 | 0 | 47.3 | -33.53 | 7.42 | -61.39 | 8.05 | -19.5 | 17.02 | 21.11 | 10.13 | -22.67 | 2.09 | 62.02 | 15.38 | 29.14 | 14.74 | -1.47 | 12.6 | 0.0 | 11.57 | 8.64 | 5.96 | 7.58 | 36.05 | -1.26 | 53.59 | 1.71 | -7.39 | 0 | 28.66 | -4.82 | 0.00 | 0 |
| 2022 (9) | 33.92 | 67.01 | 4.57 | -14.1 | 9.94 | 0 | 0 | 0 | 71.16 | -8.19 | 19.22 | -4.28 | 10.0 | -27.8 | 14.05 | -21.35 | 13.1 | 0.69 | 1.29 | -4.44 | 11.91 | -13.76 | 14.96 | -1.45 | 12.6 | 0.0 | 10.65 | 25.29 | 5.54 | -35.88 | 36.51 | 32.14 | 52.69 | 17.69 | -6.4 | 0 | 30.11 | 55.61 | 0.00 | 0 |
| 2021 (8) | 20.31 | 2.01 | 5.32 | -11.92 | 0 | 0 | 0 | 0 | 77.51 | 26.44 | 20.08 | 32.54 | 13.85 | 6.13 | 17.87 | -16.07 | 13.01 | 58.66 | 1.35 | -7.53 | 13.81 | -24.86 | 15.18 | -2.88 | 12.6 | 0.0 | 8.5 | 54.26 | 8.64 | 6.54 | 27.63 | -3.53 | 44.77 | 5.94 | -8.28 | 0 | 19.35 | -9.92 | 0.00 | 0 |
| 2020 (7) | 19.91 | 12.74 | 6.04 | -32.74 | 0 | 0 | 0 | 0 | 61.3 | 16.98 | 15.15 | 50.45 | 13.05 | 26.7 | 21.29 | 8.3 | 8.2 | -6.82 | 1.46 | 0.0 | 18.38 | 69.4 | 15.63 | -3.1 | 12.6 | 0.0 | 5.51 | 22.72 | 8.11 | 42.03 | 28.64 | 26.28 | 42.26 | 28.53 | -7.16 | 0 | 21.48 | 47.43 | 0.00 | 0 |
| 2019 (6) | 17.66 | -14.81 | 8.98 | -47.55 | 12.7 | 0 | 0 | 0 | 52.4 | 3.62 | 10.07 | 6.22 | 10.3 | 4.36 | 19.66 | 0.71 | 8.8 | -20.65 | 1.46 | 32.73 | 10.85 | -45.75 | 16.13 | 17.65 | 12.6 | 0.0 | 4.49 | 26.84 | 5.71 | 27.46 | 22.68 | 11.29 | 32.88 | 15.73 | -8.11 | 0 | 14.57 | -0.68 | 0.00 | 0 |
| 2018 (5) | 20.73 | 2.83 | 17.12 | 50.18 | 0 | 0 | 0 | 0 | 50.57 | 0.12 | 9.48 | -9.11 | 9.87 | -4.91 | 19.52 | -5.03 | 11.09 | 18.86 | 1.1 | 139.13 | 20.0 | -0.99 | 13.71 | 0.37 | 12.6 | 5.0 | 3.54 | 41.6 | 4.48 | 23.42 | 20.38 | 8.23 | 28.41 | 13.82 | -5.71 | 0 | 14.67 | 2.23 | 0.00 | 0 |
| 2017 (4) | 20.16 | 25.3 | 11.4 | -51.59 | 0 | 0 | 0 | 0 | 50.51 | 25.87 | 10.43 | 21.7 | 10.38 | 40.84 | 20.55 | 11.9 | 9.33 | 45.78 | 0.46 | 283.33 | 20.2 | 304.0 | 13.66 | 62.04 | 12.0 | 0.0 | 2.5 | 51.52 | 3.63 | 1352.0 | 18.83 | 13.64 | 24.96 | 35.14 | -4.48 | 0 | 14.35 | 10.9 | 0.00 | 0 |
| 2016 (3) | 16.09 | 3.14 | 23.55 | 371.94 | 0 | 0 | 0 | 0 | 40.13 | 18.94 | 8.57 | 22.43 | 7.37 | 27.29 | 18.37 | 7.02 | 6.4 | 16.58 | 0.12 | 0 | 5.0 | -33.33 | 8.43 | 96.96 | 12.0 | 0.0 | 1.65 | 73.68 | 0.25 | 0 | 16.57 | 38.55 | 18.47 | 43.07 | -3.63 | 0 | 12.94 | 10.5 | 0.00 | 0 |
| 2015 (2) | 15.6 | 134.94 | 4.99 | 480.23 | 0 | 0 | 0 | 0 | 33.74 | 21.37 | 7.0 | 51.52 | 5.79 | 30.11 | 17.16 | 7.21 | 5.49 | 4.57 | 0 | 0 | 7.5 | 50.0 | 4.28 | 12.93 | 12.0 | 9.89 | 0.95 | 97.92 | 0 | 0 | 11.96 | 68.45 | 12.91 | 70.32 | -0.25 | 0 | 11.71 | 51.88 | 0.00 | 0 |
| 2014 (1) | 6.64 | -2.5 | 0.86 | -81.66 | 0 | 0 | 0 | 0 | 27.8 | 32.89 | 4.62 | 16.37 | 4.45 | 60.65 | 16.01 | 20.89 | 5.25 | 3.35 | 0.39 | 0.0 | 5.0 | 0 | 3.79 | 46.33 | 10.92 | 3.41 | 0.48 | 500.0 | 0 | 0 | 7.1 | 71.5 | 7.58 | 79.62 | 0.61 | 238.89 | 7.71 | 78.47 | 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) | 16.53 | -21.73 | -49.56 | 13.78 | -14.62 | 211.76 | 2.55 | 1.59 | -77.61 | 0 | 0 | 0 | 13.66 | 0.59 | 17.56 | 3.2 | 22.14 | 101.26 | 9.35 | -9.05 | 4.12 | 19.29 | -12.88 | 9.73 | 10.3 | 5.53 | 3.52 | 2.12 | 0.0 | 75.21 | 12.87 | -2.79 | 13.99 | 14.82 | -0.27 | -0.07 | 12.6 | 0.0 | 0.0 | 12.1 | 2.2 | 6.05 | 5.08 | -11.34 | -31.81 | 40.52 | 5.25 | 17.55 | 57.71 | 2.91 | 8.23 | -3.61 | 28.94 | 39.43 | 36.91 | 10.44 | 29.46 | 0.00 | 0 | 0 |
| 24Q2 (19) | 21.12 | -36.29 | -36.92 | 16.14 | 34.28 | 197.79 | 2.51 | 6.36 | -76.67 | 0 | 0 | 0 | 13.58 | 23.23 | 10.05 | 2.62 | 72.37 | 19.09 | 10.28 | 18.84 | 10.54 | 22.15 | 15.67 | 39.59 | 9.76 | -1.31 | -7.75 | 2.12 | 0.95 | 76.67 | 13.24 | -3.92 | 3.68 | 14.86 | 1.02 | 0.2 | 12.6 | 0.0 | 0.0 | 11.84 | 1.28 | 5.81 | 5.73 | -22.46 | -3.86 | 38.5 | 9.1 | 7.27 | 56.08 | 3.15 | 5.73 | -5.08 | 11.34 | 31.81 | 33.42 | 13.06 | 17.51 | 0.00 | 0 | 0 |
| 24Q1 (18) | 33.15 | 1.47 | -3.69 | 12.02 | 1.69 | 239.55 | 2.36 | 15.69 | -77.0 | 0 | 0 | 0 | 11.02 | 8.04 | -16.13 | 1.52 | 28.81 | -37.96 | 8.65 | 7.45 | -19.01 | 19.15 | 12.5 | 16.86 | 9.89 | -2.37 | -13.85 | 2.1 | 0.48 | 65.35 | 13.78 | -10.4 | 21.2 | 14.71 | -0.2 | -1.34 | 12.6 | 0.0 | 0.0 | 11.69 | 1.04 | 6.76 | 7.39 | 23.99 | 15.47 | 35.29 | -2.11 | 0.94 | 54.37 | 1.46 | 3.94 | -5.73 | 22.46 | 3.86 | 29.56 | 3.14 | 1.93 | 0.00 | 0 | 0 |
| 23Q4 (17) | 32.67 | -0.31 | -3.69 | 11.82 | 167.42 | 158.64 | 2.04 | -82.09 | -79.48 | 0 | 0 | 0 | 10.2 | -12.22 | -26.99 | 1.18 | -25.79 | -60.14 | 8.05 | -10.36 | -19.5 | 17.02 | -3.21 | 21.11 | 10.13 | 1.81 | -22.67 | 2.09 | 72.73 | 62.02 | 15.38 | 36.23 | 29.14 | 14.74 | -0.61 | -1.47 | 12.6 | 0.0 | 0.0 | 11.57 | 1.4 | 8.64 | 5.96 | -20.0 | 7.58 | 36.05 | 4.58 | -1.26 | 53.59 | 0.51 | 1.71 | -7.39 | -23.99 | -15.47 | 28.66 | 0.53 | -4.82 | 0.00 | 0 | 0 |
| 23Q3 (16) | 32.77 | -2.12 | 3.87 | 4.42 | -18.45 | -69.2 | 11.39 | 5.86 | 0 | 0 | 0 | 0 | 11.62 | -5.83 | -39.38 | 1.59 | -27.73 | -73.81 | 8.98 | -3.44 | -37.16 | 17.58 | 10.83 | -4.21 | 9.95 | -5.95 | -21.78 | 1.21 | 0.83 | -8.33 | 11.29 | -11.59 | -28.41 | 14.83 | 0.0 | -1.46 | 12.6 | 0.0 | 0.0 | 11.41 | 1.97 | 13.65 | 7.45 | 25.0 | 14.44 | 34.47 | -3.96 | -4.17 | 53.32 | 0.53 | 1.52 | -5.96 | 20.0 | -7.58 | 28.51 | 0.25 | -6.31 | 0.00 | 0 | 0 |
| 23Q2 (15) | 33.48 | -2.73 | 35.22 | 5.42 | 53.11 | -52.91 | 10.76 | 4.87 | 35766.67 | 0 | 0 | 0 | 12.34 | -6.09 | -34.74 | 2.2 | -10.2 | -57.77 | 9.3 | -12.92 | -33.76 | 15.86 | -3.16 | -12.52 | 10.58 | -7.84 | -16.23 | 1.2 | -5.51 | -9.77 | 12.77 | 12.31 | -16.1 | 14.83 | -0.54 | -1.66 | 12.6 | 0.0 | 0.0 | 11.19 | 2.19 | 17.54 | 5.96 | -6.88 | 8.96 | 35.89 | 2.66 | 4.64 | 53.04 | 1.4 | 7.61 | -7.45 | -25.0 | -14.44 | 28.44 | -1.93 | 2.34 | 0.00 | 0 | 0 |
| 23Q1 (14) | 34.42 | 1.47 | 45.23 | 3.54 | -22.54 | -56.19 | 10.26 | 3.22 | 0 | 0 | 0 | 0 | 13.14 | -5.94 | -31.24 | 2.45 | -17.23 | -50.9 | 10.68 | 6.8 | -23.66 | 16.38 | 16.58 | -8.01 | 11.48 | -12.37 | -9.68 | 1.27 | -1.55 | -7.3 | 11.37 | -4.53 | -31.79 | 14.91 | -0.33 | -1.58 | 12.6 | 0.0 | 0.0 | 10.95 | 2.82 | 21.4 | 6.4 | 15.52 | -22.71 | 34.96 | -4.25 | 18.03 | 52.31 | -0.72 | 11.49 | -5.96 | 6.88 | -8.96 | 29.0 | -3.69 | 20.08 | 0.00 | 0 | 0 |
| 22Q4 (13) | 33.92 | 7.51 | 67.01 | 4.57 | -68.15 | -14.1 | 9.94 | 0 | 0 | 0 | 0 | 0 | 13.97 | -27.13 | -32.38 | 2.96 | -51.24 | -42.86 | 10.0 | -30.02 | -27.8 | 14.05 | -23.44 | -21.36 | 13.1 | 2.99 | 0.69 | 1.29 | -2.27 | -4.44 | 11.91 | -24.48 | -13.76 | 14.96 | -0.6 | -1.45 | 12.6 | 0.0 | 0.0 | 10.65 | 6.08 | 25.29 | 5.54 | -14.9 | -35.88 | 36.51 | 1.5 | 32.14 | 52.69 | 0.32 | 17.69 | -6.4 | -15.52 | 22.71 | 30.11 | -1.05 | 55.61 | 0.00 | 0 | 0 |
| 22Q3 (12) | 31.55 | 27.42 | 70.82 | 14.35 | 24.67 | 77.6 | 0 | -100.0 | 0 | 0 | 0 | 0 | 19.17 | 1.37 | 2.29 | 6.07 | 16.51 | 19.49 | 14.29 | 1.78 | 4.0 | 18.36 | 1.22 | 0.57 | 12.72 | 0.71 | -0.55 | 1.32 | -0.75 | -2.94 | 15.77 | 3.61 | 2.2 | 15.05 | -0.2 | -1.51 | 12.6 | 0.0 | 0.0 | 10.04 | 5.46 | 25.66 | 6.51 | 19.01 | -9.08 | 35.97 | 4.87 | 32.0 | 52.52 | 6.55 | 23.84 | -5.54 | 14.9 | 35.88 | 30.43 | 9.5 | 63.51 | 0.00 | 0 | 0 |
| 22Q2 (11) | 24.76 | 4.47 | 9.36 | 11.51 | 42.45 | 98.11 | 0.03 | 0 | 0 | 0 | 0 | 0 | 18.91 | -1.05 | -5.64 | 5.21 | 4.41 | 9.22 | 14.04 | 0.36 | -1.61 | 18.13 | 1.82 | -5.0 | 12.63 | -0.63 | 32.81 | 1.33 | -2.92 | -4.32 | 15.22 | -8.7 | -3.85 | 15.08 | -0.46 | -2.01 | 12.6 | 0.0 | 0.0 | 9.52 | 5.54 | 35.81 | 5.47 | -33.94 | -23.6 | 34.3 | 15.8 | 18.97 | 49.29 | 5.05 | 14.63 | -6.51 | -19.01 | 23.41 | 27.79 | 15.07 | 36.69 | 0.00 | 0 | 0 |
| 22Q1 (10) | 23.7 | 16.69 | 8.92 | 8.08 | 51.88 | 63.56 | 0 | 0 | 0 | 0 | 0 | 0 | 19.11 | -7.5 | 5.81 | 4.99 | -3.67 | -0.99 | 13.99 | 1.01 | 7.95 | 17.81 | -0.34 | -5.88 | 12.71 | -2.31 | 35.36 | 1.37 | 1.48 | -3.52 | 16.67 | 20.71 | -0.54 | 15.15 | -0.2 | -2.38 | 12.6 | 0.0 | 0.0 | 9.02 | 6.12 | 63.7 | 8.28 | -4.17 | 2.1 | 29.62 | 7.2 | -12.08 | 46.92 | 4.8 | -0.8 | -5.47 | 33.94 | 30.32 | 24.15 | 24.81 | -6.54 | 0.00 | 0 | 0 |
| 21Q4 (9) | 20.31 | 9.96 | 2.01 | 5.32 | -34.16 | -11.92 | 0 | 0 | 0 | 0 | 0 | 0 | 20.66 | 10.25 | 12.04 | 5.18 | 1.97 | 15.62 | 13.85 | 0.8 | 6.13 | 17.87 | -2.09 | -16.07 | 13.01 | 1.72 | 58.66 | 1.35 | -0.74 | -7.53 | 13.81 | -10.5 | -24.86 | 15.18 | -0.65 | -2.88 | 12.6 | 0.0 | 0.0 | 8.5 | 6.38 | 54.26 | 8.64 | 20.67 | 6.54 | 27.63 | 1.39 | -3.53 | 44.77 | 5.56 | 5.94 | -8.28 | 4.17 | -15.64 | 19.35 | 3.98 | -9.92 | 0.00 | 0 | 0 |
| 21Q3 (8) | 18.47 | -18.42 | -14.25 | 8.08 | 39.07 | -34.73 | 0 | 0 | 0 | 0 | 0 | 0 | 18.74 | -6.49 | 2.91 | 5.08 | 6.5 | 9.01 | 13.74 | -3.71 | 6.68 | 18.25 | -4.39 | -20.11 | 12.79 | 34.49 | 67.19 | 1.36 | -2.16 | -1.45 | 15.43 | -2.53 | -22.27 | 15.28 | -0.71 | -2.61 | 12.6 | 0.0 | 0.0 | 7.99 | 13.98 | 45.01 | 7.16 | 0.0 | -11.71 | 27.25 | -5.48 | 12.32 | 42.41 | -1.37 | 11.99 | -8.64 | -1.65 | 0.12 | 18.61 | -8.46 | 19.22 | 0.00 | 0 | 0 |
| 21Q2 (7) | 22.64 | 4.04 | 8.9 | 5.81 | 17.61 | 1.93 | 0 | 0 | 0 | 0 | 0 | 0 | 20.04 | 10.96 | 45.43 | 4.77 | -5.36 | 24.54 | 14.27 | 10.11 | 38.28 | 19.09 | 0.89 | 0 | 9.51 | 1.28 | 10.32 | 1.39 | -2.11 | 0.72 | 15.83 | -5.55 | -28.53 | 15.39 | -0.84 | -2.41 | 12.6 | 0.0 | 0.0 | 7.01 | 27.22 | 27.22 | 7.16 | -11.71 | -11.71 | 28.83 | -14.43 | 47.09 | 43.0 | -9.09 | 29.48 | -8.5 | -8.28 | 12.19 | 20.33 | -21.32 | 104.94 | 0.00 | 0 | 0 |
| 21Q1 (6) | 21.76 | 9.29 | 5.73 | 4.94 | -18.21 | -31.39 | 0 | 0 | -100.0 | 0 | 0 | 0 | 18.06 | -2.06 | 66.3 | 5.04 | 12.5 | 132.26 | 12.96 | -0.69 | 52.47 | 18.92 | -11.13 | 0 | 9.39 | 14.51 | 16.65 | 1.42 | -2.74 | -0.7 | 16.76 | -8.81 | 10.99 | 15.52 | -0.7 | -2.51 | 12.6 | 0.0 | 0.0 | 5.51 | 0.0 | 22.72 | 8.11 | 0.0 | 42.03 | 33.69 | 17.63 | 35.57 | 47.3 | 11.93 | 34.95 | -7.85 | -9.64 | 11.1 | 25.84 | 20.3 | 61.3 | 0.00 | 0 | 0 |
| 20Q4 (5) | 19.91 | -7.57 | 12.74 | 6.04 | -51.21 | -32.74 | 0 | 0 | -100.0 | 0 | 0 | 0 | 18.44 | 1.26 | 36.29 | 4.48 | -3.86 | 79.2 | 13.05 | 1.32 | 26.7 | 21.29 | -6.8 | 0 | 8.2 | 7.19 | -6.82 | 1.46 | 5.8 | 0.0 | 18.38 | -7.41 | 69.4 | 15.63 | -0.38 | -3.1 | 12.6 | 0.0 | 0.0 | 5.51 | 0.0 | 22.72 | 8.11 | 0.0 | 42.03 | 28.64 | 18.05 | 26.28 | 42.26 | 11.59 | 28.53 | -7.16 | 17.23 | 11.71 | 21.48 | 37.6 | 47.43 | 0.00 | 0 | 0 |
| 20Q3 (4) | 21.54 | 3.61 | 0.0 | 12.38 | 117.19 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 18.21 | 32.15 | 0.0 | 4.66 | 21.67 | 0.0 | 12.88 | 24.81 | 0.0 | 22.84 | 0 | 0.0 | 7.65 | -11.25 | 0.0 | 1.38 | 0.0 | 0.0 | 19.85 | -10.38 | 0.0 | 15.69 | -0.51 | 0.0 | 12.6 | 0.0 | 0.0 | 5.51 | 0.0 | 0.0 | 8.11 | 0.0 | 0.0 | 24.26 | 23.78 | 0.0 | 37.87 | 14.03 | 0.0 | -8.65 | 10.64 | 0.0 | 15.61 | 57.36 | 0.0 | 0.00 | 0 | 0.0 |
