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) | 165.56 | 33.89 | 135.12 | 37.54 | 3.02 | -27.23 | 0 | 0 | 394.92 | -20.67 | 13.92 | -40.99 | 99.14 | -3.43 | 25.10 | 21.74 | 85.89 | -17.77 | 1.77 | -8.76 | 1.15 | -96.63 | 3.11 | -13.37 | 39.1 | 0.0 | 43.65 | 5.9 | 13.23 | 3.6 | 117.55 | -2.24 | 174.43 | 0.11 | -3.76 | 0 | 113.79 | 7.22 | 0.08 | -10.03 |
| 2022 (9) | 123.65 | 10.11 | 98.24 | -16.83 | 4.15 | 31.33 | 0 | 0 | 497.83 | -0.1 | 23.59 | 16.09 | 102.66 | -45.89 | 20.62 | -45.83 | 104.45 | 12.3 | 1.94 | -0.51 | 34.12 | 86.75 | 3.59 | 8.46 | 39.1 | 0.0 | 41.22 | 1.85 | 12.77 | -48.28 | 120.24 | 24.6 | 174.23 | 7.78 | -14.11 | 0 | 106.13 | 20.15 | 0.09 | 9.93 |
| 2021 (8) | 112.3 | -38.64 | 118.12 | 129.94 | 3.16 | 170.09 | 0 | 0 | 498.33 | 17.43 | 20.32 | 30.26 | 189.71 | 62.35 | 38.07 | 38.26 | 93.01 | 90.36 | 1.95 | -5.34 | 18.27 | 230.38 | 3.31 | -19.07 | 39.1 | -9.99 | 40.47 | 4.04 | 24.69 | 0.0 | 96.5 | -5.67 | 161.66 | -2.55 | -8.17 | 0 | 88.33 | 2.19 | 0.09 | 4.04 |
| 2020 (7) | 183.01 | -9.23 | 51.37 | -39.71 | 1.17 | 0 | 0 | 0 | 424.38 | -12.88 | 15.6 | 35.3 | 116.85 | -0.38 | 27.53 | 14.35 | 48.86 | -19.41 | 2.06 | 7.85 | 5.53 | 202.19 | 4.09 | 45.04 | 43.44 | 0.0 | 38.9 | 3.05 | 24.69 | 0.0 | 102.3 | 8.5 | 165.89 | 5.84 | -15.86 | 0 | 86.44 | 22.31 | 0.08 | -11.0 |
| 2019 (6) | 201.62 | 17.04 | 85.21 | 32.83 | 0 | 0 | 0 | 0 | 487.11 | -12.51 | 11.53 | -42.92 | 117.29 | -13.87 | 24.08 | -1.55 | 60.63 | -23.08 | 1.91 | 8.52 | 1.83 | -36.24 | 2.82 | 80.77 | 43.44 | 0.0 | 37.75 | 5.65 | 24.69 | -0.6 | 94.29 | 0.89 | 156.73 | 1.76 | -23.62 | 0 | 70.67 | -8.6 | 0.09 | 8.48 |
| 2018 (5) | 172.26 | -4.12 | 64.15 | -21.55 | 1.65 | 236.73 | 0 | 0 | 556.73 | 4.84 | 20.2 | 15.36 | 136.17 | -17.47 | 24.46 | -21.27 | 78.82 | -0.28 | 1.76 | -4.86 | 2.87 | -37.47 | 1.56 | -9.3 | 43.44 | 0.0 | 35.73 | 5.18 | 24.84 | 26.61 | 93.46 | 4.68 | 154.02 | 7.8 | -16.14 | 0 | 77.32 | -0.04 | 0.08 | -0.8 |
| 2017 (4) | 179.66 | 17.41 | 81.77 | 23.46 | 0.49 | 2350.0 | 0 | 0 | 531.05 | -6.93 | 17.51 | -10.89 | 164.99 | -6.2 | 31.07 | 0.79 | 79.04 | 10.14 | 1.85 | -17.41 | 4.59 | 1539.29 | 1.72 | 42.15 | 43.44 | 0.0 | 33.97 | 6.12 | 19.62 | 51.98 | 89.28 | 0.98 | 142.88 | 7.16 | -11.93 | 0 | 77.35 | -5.31 | 0.09 | -4.2 |
| 2016 (3) | 153.02 | -0.93 | 66.23 | 24.77 | 0.02 | 0 | 0 | 0 | 570.58 | -16.29 | 19.65 | 3.15 | 175.89 | -11.47 | 30.83 | 5.76 | 71.76 | 1.38 | 2.24 | 11.44 | 0.28 | -91.46 | 1.21 | -7.63 | 43.44 | -20.0 | 32.01 | 6.31 | 12.91 | 0.0 | 88.41 | 9.99 | 133.33 | 8.05 | -6.72 | 0 | 81.69 | -8.36 | 0.09 | -4.13 |
| 2015 (2) | 154.45 | -9.5 | 53.08 | 4.8 | 0 | 0 | 0 | 0 | 681.6 | -16.04 | 19.05 | -32.95 | 198.67 | 0.84 | 29.15 | 20.1 | 70.78 | 6.84 | 2.01 | -3.83 | 3.28 | 0 | 1.31 | 33.67 | 54.3 | 0.0 | 30.11 | 10.45 | 12.91 | 0.0 | 80.38 | -3.39 | 123.4 | 0.02 | 8.76 | -26.39 | 89.14 | -6.27 | 0.09 | -0.71 |
| 2014 (1) | 170.67 | 3.44 | 50.65 | -30.94 | 0 | 0 | 0 | 0 | 811.78 | 11.59 | 28.41 | 46.52 | 197.01 | -9.33 | 24.27 | -18.75 | 66.25 | -12.93 | 2.09 | -20.83 | 0 | 0 | 0.98 | -79.37 | 54.3 | -25.0 | 27.26 | 7.62 | 12.91 | 0.0 | 83.2 | 41.83 | 123.37 | 27.33 | 11.9 | 546.74 | 95.1 | 57.19 | 0.09 | -19.73 |
| 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) | 156.4 | -1.23 | 1.26 | 185.62 | 37.52 | 30.09 | 0.08 | -93.89 | -98.07 | 0 | 0 | 0 | 106.94 | 7.27 | 2.83 | 2.03 | -28.01 | -56.53 | 114.83 | 29.46 | -9.26 | 28.95 | 28.5 | -6.74 | 70.41 | 3.04 | -11.3 | 1.29 | -22.29 | -29.12 | 1.05 | -7.89 | -0.94 | 2.77 | -9.18 | -13.98 | 39.1 | 0.0 | 0.0 | 45.12 | 0.0 | 3.37 | 11.88 | 0.0 | -10.2 | 114.74 | 1.8 | -0.22 | 171.74 | 1.19 | -0.07 | 11.61 | -3.09 | 225.21 | 126.35 | 1.33 | 6.57 | 0.07 | -0.85 | -13.41 |
| 24Q2 (19) | 158.34 | -2.65 | 19.3 | 134.98 | -3.24 | 87.81 | 1.31 | 0.0 | -68.43 | 0 | 0 | 0 | 99.69 | 9.31 | 3.49 | 2.82 | 97.2 | -31.55 | 88.7 | -1.52 | -6.51 | 22.53 | -2.36 | 2.75 | 68.33 | -8.08 | -16.03 | 1.66 | -3.49 | -10.75 | 1.14 | 0.0 | -96.44 | 3.05 | -4.39 | -9.23 | 39.1 | 0.0 | 0.0 | 45.12 | 3.37 | 3.37 | 11.88 | -10.2 | -15.8 | 112.71 | 2.44 | 2.99 | 169.72 | 1.69 | 1.51 | 11.98 | 82.34 | 221.26 | 124.69 | 6.94 | 25.24 | 0.07 | -6.05 | -19.58 |
| 24Q1 (18) | 162.65 | -1.76 | 37.69 | 139.5 | 3.24 | 79.35 | 1.31 | -56.62 | -68.43 | 0 | 0 | 0 | 91.2 | -7.77 | -4.71 | 1.43 | -45.0 | -43.48 | 90.07 | -9.15 | -3.75 | 23.07 | -8.1 | 13.94 | 74.34 | -13.45 | -15.42 | 1.72 | -2.82 | -8.99 | 1.14 | -0.87 | -96.55 | 3.19 | 2.57 | -6.73 | 39.1 | 0.0 | 0.0 | 43.65 | 0.0 | 5.9 | 13.23 | 0.0 | 3.6 | 110.03 | -6.4 | 0.86 | 166.9 | -4.32 | 2.35 | 6.57 | 274.73 | 192.93 | 116.6 | 2.47 | 14.29 | 0.08 | -5.69 | -16.86 |
| 23Q4 (17) | 165.56 | 7.19 | 33.89 | 135.12 | -5.31 | 37.54 | 3.02 | -27.23 | -27.23 | 0 | 0 | 0 | 98.88 | -4.92 | -11.49 | 2.6 | -44.33 | -30.11 | 99.14 | -21.66 | -3.43 | 25.10 | -19.11 | 21.74 | 85.89 | 8.2 | -17.77 | 1.77 | -2.75 | -8.76 | 1.15 | 8.49 | -96.63 | 3.11 | -3.42 | -13.37 | 39.1 | 0.0 | 0.0 | 43.65 | 0.0 | 5.9 | 13.23 | 0.0 | 3.6 | 117.55 | 2.23 | -2.24 | 174.43 | 1.5 | 0.11 | -3.76 | -205.32 | 73.35 | 113.79 | -4.02 | 7.22 | 0.08 | -1.44 | -10.03 |
| 23Q3 (16) | 154.46 | 16.38 | 75.78 | 142.69 | 98.54 | 28.86 | 4.15 | 0.0 | 21.7 | 0 | 0 | 0 | 104.0 | 7.96 | -19.4 | 4.67 | 13.35 | -33.0 | 126.55 | 33.38 | 7.15 | 31.04 | 41.57 | 41.19 | 79.38 | -2.45 | -27.86 | 1.82 | -2.15 | -8.08 | 1.06 | -96.69 | -96.98 | 3.22 | -4.17 | 8.05 | 39.1 | 0.0 | 0.0 | 43.65 | 0.0 | 5.9 | 13.23 | -6.24 | 3.6 | 114.99 | 5.07 | -0.72 | 171.86 | 2.79 | 1.21 | 3.57 | 136.13 | 132.16 | 118.56 | 19.08 | 13.22 | 0.09 | -7.91 | -10.27 |
| 23Q2 (15) | 132.72 | 12.35 | 57.27 | 71.87 | -7.6 | -45.52 | 4.15 | 0.0 | 56.02 | 0 | 0 | 0 | 96.33 | 0.65 | -23.37 | 4.12 | 62.85 | -49.2 | 94.88 | 1.39 | -16.19 | 21.92 | 8.27 | 4.32 | 81.37 | -7.42 | -41.09 | 1.86 | -1.59 | -7.0 | 32.05 | -3.14 | 98.08 | 3.36 | -1.75 | 5.99 | 39.1 | 0.0 | 0.0 | 43.65 | 5.9 | 5.9 | 14.11 | 10.49 | 10.49 | 109.44 | 0.32 | 0.54 | 167.19 | 2.53 | 2.68 | -9.88 | -39.75 | 23.47 | 99.56 | -2.41 | 3.77 | 0.09 | -2.88 | -1.34 |
| 23Q1 (14) | 118.13 | -4.46 | 9.63 | 77.78 | -20.83 | -31.36 | 4.15 | 0.0 | 6.14 | 0 | 0 | 0 | 95.71 | -14.32 | -27.15 | 2.53 | -31.99 | -47.18 | 93.58 | -8.84 | -38.75 | 20.25 | -1.81 | -29.83 | 87.89 | -15.85 | -26.57 | 1.89 | -2.58 | -2.07 | 33.09 | -3.02 | 21.61 | 3.42 | -4.74 | 7.55 | 39.1 | 0.0 | 0.0 | 41.22 | 0.0 | 1.85 | 12.77 | 0.0 | -48.28 | 109.09 | -9.27 | 21.81 | 163.07 | -6.41 | 5.4 | -7.07 | 49.89 | -315.88 | 102.02 | -3.87 | 16.12 | 0.10 | 2.06 | 6.25 |
| 22Q4 (13) | 123.65 | 40.72 | 10.11 | 98.24 | -11.28 | -16.83 | 4.15 | 21.7 | 31.33 | 0 | 0 | 0 | 111.71 | -13.42 | -26.09 | 3.72 | -46.63 | -29.41 | 102.66 | -13.07 | -45.89 | 20.62 | -6.19 | -45.83 | 104.45 | -5.07 | 12.3 | 1.94 | -2.02 | -0.51 | 34.12 | -2.76 | 86.75 | 3.59 | 20.47 | 8.46 | 39.1 | 0.0 | 0.0 | 41.22 | 0.0 | 1.85 | 12.77 | 0.0 | -48.28 | 120.24 | 3.82 | 24.6 | 174.23 | 2.61 | 7.78 | -14.11 | -27.12 | -72.71 | 106.13 | 1.35 | 20.15 | 0.09 | -1.7 | 9.93 |
| 22Q3 (12) | 87.87 | 4.12 | -42.33 | 110.73 | -16.07 | -19.63 | 3.41 | 28.2 | 7.57 | 0 | 0 | 0 | 129.03 | 2.64 | -1.1 | 6.97 | -14.06 | 22.5 | 118.1 | 4.32 | -28.03 | 21.98 | 4.6 | -38.09 | 110.03 | -20.34 | 26.22 | 1.98 | -1.0 | 0.0 | 35.09 | 116.87 | 1229.17 | 2.98 | -5.99 | -16.53 | 39.1 | 0.0 | 0.0 | 41.22 | 0.0 | 1.85 | 12.77 | 0.0 | -48.28 | 115.82 | 6.4 | 26.95 | 169.8 | 4.28 | 8.57 | -11.1 | 14.02 | 20.49 | 104.72 | 9.15 | 35.52 | 0.10 | 1.25 | 8.48 |
| 22Q2 (11) | 84.39 | -21.68 | -33.81 | 131.93 | 16.42 | 21.34 | 2.66 | -31.97 | -22.9 | 0 | 0 | 0 | 125.71 | -4.32 | 7.91 | 8.11 | 69.31 | 47.99 | 113.21 | -25.9 | -19.61 | 21.02 | -27.17 | -32.69 | 138.13 | 15.4 | 121.97 | 2.0 | 3.63 | -0.5 | 16.18 | -40.54 | 450.34 | 3.17 | -0.31 | -14.09 | 39.1 | 0.0 | 0.0 | 41.22 | 1.85 | 5.96 | 12.77 | -48.28 | -48.28 | 108.85 | 21.54 | 24.97 | 162.83 | 5.24 | 8.06 | -12.91 | -659.41 | 29.95 | 95.94 | 9.2 | 39.71 | 0.09 | 4.59 | 3.14 |
| 22Q1 (10) | 107.75 | -4.05 | -3.22 | 113.32 | -4.06 | 35.36 | 3.91 | 23.73 | 237.07 | 0 | 0 | 0 | 131.38 | -13.08 | 31.08 | 4.79 | -9.11 | 24.09 | 152.78 | -19.47 | 25.24 | 28.85 | -24.2 | 4.29 | 119.7 | 28.7 | 107.7 | 1.93 | -1.03 | -5.39 | 27.21 | 48.93 | 420.27 | 3.18 | -3.93 | -19.29 | 39.1 | 0.0 | 0.0 | 40.47 | 0.0 | 4.04 | 24.69 | 0.0 | 0.0 | 89.56 | -7.19 | 9.73 | 154.72 | -4.29 | 6.55 | -1.7 | 79.19 | 90.02 | 87.86 | -0.53 | 36.05 | 0.09 | 5.6 | -3.93 |
| 21Q4 (9) | 112.3 | -26.29 | -38.64 | 118.12 | -14.26 | 129.94 | 3.16 | -0.32 | 170.09 | 0 | 0 | 0 | 151.15 | 15.86 | 31.5 | 5.27 | -7.38 | 26.08 | 189.71 | 15.61 | 62.35 | 38.07 | 7.21 | 38.26 | 93.01 | 6.7 | 90.36 | 1.95 | -1.52 | -5.34 | 18.27 | 592.05 | 230.38 | 3.31 | -7.28 | -19.07 | 39.1 | 0.0 | -9.99 | 40.47 | 0.0 | 4.04 | 24.69 | 0.0 | 0.0 | 96.5 | 5.78 | -5.67 | 161.66 | 3.37 | -2.55 | -8.17 | 41.48 | 48.49 | 88.33 | 14.31 | 2.19 | 0.09 | -2.99 | 4.04 |
| 21Q3 (8) | 152.36 | 19.5 | -10.49 | 137.77 | 26.71 | 124.82 | 3.17 | -8.12 | 272.94 | 0 | 0 | 0 | 130.46 | 11.98 | 9.25 | 5.69 | 3.83 | -2.74 | 164.09 | 16.52 | 30.8 | 35.51 | 13.73 | 24.62 | 87.17 | 40.08 | 47.72 | 1.98 | -1.49 | -5.71 | 2.64 | -10.2 | -51.82 | 3.57 | -3.25 | -13.14 | 39.1 | 0.0 | -9.99 | 40.47 | 4.04 | 4.04 | 24.69 | 0.0 | 0.0 | 91.23 | 4.74 | -6.96 | 156.39 | 3.78 | -3.25 | -13.96 | 24.25 | 39.25 | 77.27 | 12.52 | 2.93 | 0.09 | -3.74 | 1.45 |
| 21Q2 (7) | 127.5 | 14.51 | -29.06 | 108.73 | 29.87 | 55.26 | 3.45 | 197.41 | 1715.79 | 0 | 0 | 0 | 116.5 | 16.23 | 9.54 | 5.48 | 41.97 | -0.72 | 140.83 | 15.44 | 30.48 | 31.22 | 12.85 | 0 | 62.23 | 7.98 | 19.31 | 2.01 | -1.47 | 7.49 | 2.94 | -43.79 | -28.99 | 3.69 | -6.35 | 36.67 | 39.1 | 0.0 | -9.99 | 38.9 | 0.0 | 0.0 | 24.69 | 0.0 | 0.0 | 87.1 | 6.71 | -5.52 | 150.69 | 3.77 | -3.27 | -18.43 | -8.16 | 36.67 | 68.67 | 6.33 | 8.84 | 0.09 | -2.57 | -0.15 |
| 21Q1 (6) | 111.34 | -39.16 | -44.07 | 83.72 | 62.97 | 2.86 | 1.16 | -0.85 | 0 | 0 | 0 | 0 | 100.23 | -12.8 | 19.76 | 3.86 | -7.66 | 7620.0 | 121.99 | 4.4 | 47.92 | 27.67 | 0.48 | 0 | 57.63 | 17.95 | 1.14 | 2.04 | -0.97 | 7.94 | 5.23 | -5.42 | 185.79 | 3.94 | -3.67 | 39.72 | 39.1 | -9.99 | -9.99 | 38.9 | 0.0 | 3.05 | 24.69 | 0.0 | 0.0 | 81.62 | -20.22 | -7.07 | 145.21 | -12.47 | -3.37 | -17.04 | -7.44 | 33.39 | 64.58 | -25.29 | 3.74 | 0.09 | 14.36 | -0.13 |
| 20Q4 (5) | 183.01 | 7.51 | -9.23 | 51.37 | -16.17 | -39.71 | 1.17 | 37.65 | 0 | 0 | 0 | 0 | 114.94 | -3.74 | -12.15 | 4.18 | -28.55 | 6.91 | 116.85 | -6.86 | -0.38 | 27.53 | -3.37 | 0 | 48.86 | -17.2 | -19.41 | 2.06 | -1.9 | 7.85 | 5.53 | 0.91 | 202.19 | 4.09 | -0.49 | 45.04 | 43.44 | 0.0 | 0.0 | 38.9 | 0.0 | 3.05 | 24.69 | 0.0 | 0.0 | 102.3 | 4.33 | 8.5 | 165.89 | 2.63 | 5.84 | -15.86 | 30.98 | 32.85 | 86.44 | 15.15 | 22.31 | 0.08 | -5.4 | -11.0 |
| 20Q3 (4) | 170.22 | -5.3 | 0.0 | 61.28 | -12.49 | 0.0 | 0.85 | 347.37 | 0.0 | 0 | 0 | 0.0 | 119.41 | 12.28 | 0.0 | 5.85 | 5.98 | 0.0 | 125.45 | 16.23 | 0.0 | 28.49 | 0 | 0.0 | 59.01 | 13.13 | 0.0 | 2.1 | 12.3 | 0.0 | 5.48 | 32.37 | 0.0 | 4.11 | 52.22 | 0.0 | 43.44 | 0.0 | 0.0 | 38.9 | 0.0 | 0.0 | 24.69 | 0.0 | 0.0 | 98.05 | 6.36 | 0.0 | 161.64 | 3.76 | 0.0 | -22.98 | 21.03 | 0.0 | 75.07 | 18.99 | 0.0 | 0.09 | -5.26 | 0.0 |
