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) | 35.64 | 1.74 | 24.42 | 3.56 | 2.77 | 19.91 | 0 | 0 | 94.21 | -10.43 | 0.56 | 0 | 21.05 | 1.4 | 22.34 | 13.2 | 13.47 | -12.82 | 9.93 | 0.51 | 14.92 | -13.91 | 1.62 | -2.41 | 16.9 | -0.59 | 3.93 | 0.0 | 2.72 | -52.78 | 10.01 | 134.43 | 16.65 | 19.35 | -3.77 | 0 | 6.24 | 302.58 | 0.25 | -8.08 |
| 2022 (9) | 35.03 | 2.55 | 23.58 | 1.59 | 2.31 | -15.38 | 0 | 0 | 105.18 | -11.23 | -0.97 | 0 | 20.76 | -15.88 | 19.74 | -5.24 | 15.45 | -20.36 | 9.88 | 16.37 | 17.33 | 1.94 | 1.66 | 18.57 | 17.0 | 0.0 | 3.93 | 3.15 | 5.76 | 39.47 | 4.27 | -39.43 | 13.95 | -6.94 | -2.72 | 0 | 1.55 | 20.16 | 0.28 | -7.65 |
| 2021 (8) | 34.16 | 27.65 | 23.21 | -7.16 | 2.73 | 145.95 | 0 | 0 | 118.49 | 8.72 | 0.59 | 0 | 24.68 | 3.61 | 20.83 | -4.7 | 19.4 | 30.82 | 8.49 | 23.58 | 17.0 | -4.82 | 1.4 | 3.7 | 17.0 | 0.0 | 3.81 | 0.0 | 4.13 | 6.99 | 7.05 | 5.54 | 14.99 | 4.46 | -5.76 | 0 | 1.29 | -49.41 | 0.30 | 17.56 |
| 2020 (7) | 26.76 | -14.26 | 25.0 | 17.43 | 1.11 | -90.23 | 0 | 0 | 108.99 | -9.9 | -1.23 | 0 | 23.82 | 1.1 | 21.86 | 12.21 | 14.83 | -0.8 | 6.87 | 19.48 | 17.86 | 159.22 | 1.35 | -17.68 | 17.0 | 2.04 | 3.81 | 5.25 | 3.86 | 77.88 | 6.68 | -38.49 | 14.35 | -13.76 | -4.13 | 0 | 2.55 | -63.52 | 0.26 | 13.57 |
| 2019 (6) | 31.21 | -12.28 | 21.29 | 3.75 | 11.36 | 468.0 | 0 | 0 | 120.96 | -2.18 | 1.97 | 447.22 | 23.56 | -0.46 | 19.48 | 1.76 | 14.95 | -8.23 | 5.75 | 4.17 | 6.89 | -48.58 | 1.64 | -9.89 | 16.66 | 32.75 | 3.62 | 1.12 | 2.17 | 65.65 | 10.86 | 10.03 | 16.64 | 12.66 | -3.87 | 0 | 6.99 | -9.22 | 0.22 | -41.92 |
| 2018 (5) | 35.58 | 20.86 | 20.52 | 6.76 | 2.0 | -83.92 | 0 | 0 | 123.66 | 0.15 | 0.36 | -84.07 | 23.67 | -24.81 | 19.14 | -24.92 | 16.29 | 11.35 | 5.52 | 1.47 | 13.4 | 241.84 | 1.82 | -4.71 | 12.55 | 11.65 | 3.58 | 6.55 | 1.31 | 0 | 9.87 | -25.79 | 14.77 | -11.34 | -2.17 | 0 | 7.7 | -35.78 | 0.39 | 7.71 |
| 2017 (4) | 29.44 | -0.47 | 19.22 | 18.57 | 12.44 | 286.34 | 0 | 0 | 123.47 | 5.17 | 2.26 | 218.31 | 31.48 | 8.29 | 25.50 | 2.97 | 14.63 | 1.67 | 5.44 | 9.24 | 3.92 | -75.33 | 1.91 | 4.37 | 11.24 | 9.34 | 3.36 | 2.13 | 0 | 0 | 13.3 | 12.9 | 16.66 | 10.55 | -1.31 | 0 | 11.99 | -6.62 | 0.36 | -4.68 |
| 2016 (3) | 29.58 | -11.73 | 16.21 | 70.45 | 3.22 | 135.04 | 0 | 0 | 117.4 | 97.18 | 0.71 | 914.29 | 29.07 | 76.61 | 24.76 | -10.43 | 14.39 | 59.89 | 4.98 | 112.82 | 15.89 | -6.2 | 1.83 | 20.39 | 10.28 | 3.21 | 3.29 | 0.3 | 0 | 0 | 11.78 | -2.64 | 15.07 | -2.02 | 1.06 | -68.07 | 12.84 | -16.73 | 0.38 | 33.99 |
| 2015 (2) | 33.51 | 25.88 | 9.51 | 120.14 | 1.37 | -12.18 | 0 | 0 | 59.54 | 59.97 | 0.07 | -94.96 | 16.46 | 33.17 | 27.65 | -16.75 | 9.0 | 105.48 | 2.34 | -7.51 | 16.94 | 0 | 1.52 | 94.87 | 9.96 | 8.97 | 3.28 | 4.46 | 0 | 0 | 12.1 | -7.49 | 15.38 | -5.18 | 3.32 | -39.75 | 15.42 | -17.05 | 0.28 | 28.5 |
| 2014 (1) | 26.62 | -14.87 | 4.32 | 12.79 | 1.56 | 15500.0 | 0 | 0 | 37.22 | -3.72 | 1.39 | -19.19 | 12.36 | 49.82 | 33.21 | 55.61 | 4.38 | 10.33 | 2.53 | 438.3 | 0 | 0 | 0.78 | -8.24 | 9.14 | 12.42 | 3.14 | 5.72 | 0 | 0 | 13.08 | 2.99 | 16.22 | 3.51 | 5.51 | -13.23 | 18.59 | -2.41 | 0.22 | -6.21 |
| 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) | 38.38 | 0.05 | 6.49 | 25.09 | 12.66 | 2.53 | 2.51 | -1.95 | 38.67 | 0 | 0 | 0 | 23.56 | -4.34 | -7.75 | -0.24 | -143.64 | -233.33 | 20.67 | 7.27 | -4.7 | 21.62 | 9.49 | -6.09 | 12.79 | -1.31 | -9.87 | 16.89 | 2.8 | 63.82 | 17.48 | -0.23 | 4.73 | 1.54 | -0.65 | -8.33 | 16.9 | 0.0 | 0.0 | 4.25 | 0.0 | 8.14 | 3.77 | 0.0 | 38.6 | 7.75 | -3.0 | -22.5 | 15.77 | -1.44 | -5.23 | -0.8 | 27.27 | 70.04 | 6.95 | 0.87 | -5.18 | 0.26 | 1.37 | 2.34 |
| 24Q2 (19) | 38.36 | 20.97 | 3.51 | 22.27 | 2.06 | -10.02 | 2.56 | -4.12 | 51.48 | 0 | 0 | 0 | 24.63 | 12.01 | 8.22 | 0.55 | 885.71 | -40.86 | 19.27 | -15.07 | -0.41 | 19.74 | -16.7 | -2.84 | 12.96 | -6.15 | -11.48 | 16.43 | 26.97 | 63.81 | 17.52 | -4.37 | 6.96 | 1.55 | -3.12 | -9.36 | 16.9 | 0.0 | 0.0 | 4.25 | 8.14 | 8.14 | 3.77 | 38.6 | 38.6 | 7.99 | -19.62 | -18.55 | 16.0 | -3.5 | -2.74 | -1.1 | 60.29 | 63.21 | 6.89 | -3.91 | 1.03 | 0.26 | -2.95 | 2.64 |
| 24Q1 (18) | 31.71 | -11.03 | -11.5 | 21.82 | -10.65 | -9.8 | 2.67 | -3.61 | 15.09 | 0 | 0 | 0 | 21.99 | -13.56 | 7.43 | -0.07 | 50.0 | 82.93 | 22.69 | 7.79 | 20.76 | 23.70 | 6.08 | 23.69 | 13.81 | 2.52 | -11.7 | 12.94 | 30.31 | 21.62 | 18.32 | 22.79 | 5.11 | 1.6 | -1.23 | -7.51 | 16.9 | 0.0 | -0.59 | 3.93 | 0.0 | 0.0 | 2.72 | 0.0 | -52.78 | 9.94 | -0.7 | 98.8 | 16.58 | -0.42 | 12.94 | -2.77 | 26.53 | -119.84 | 7.17 | 14.9 | 91.71 | 0.26 | 3.88 | -0.89 |
| 23Q4 (17) | 35.64 | -1.11 | 1.74 | 24.42 | -0.2 | 3.56 | 2.77 | 53.04 | 19.91 | 0 | 0 | 0 | 25.44 | -0.39 | -0.08 | -0.14 | -177.78 | 85.11 | 21.05 | -2.95 | 1.4 | 22.34 | -2.93 | 13.2 | 13.47 | -5.07 | -12.82 | 9.93 | -3.69 | 0.51 | 14.92 | -10.61 | -13.91 | 1.62 | -3.57 | -2.41 | 16.9 | 0.0 | -0.59 | 3.93 | 0.0 | 0.0 | 2.72 | 0.0 | -52.78 | 10.01 | 0.1 | 134.43 | 16.65 | 0.06 | 19.35 | -3.77 | -41.2 | -38.6 | 6.24 | -14.87 | 302.58 | 0.25 | 0.15 | -8.08 |
| 23Q3 (16) | 36.04 | -2.75 | 5.47 | 24.47 | -1.13 | -1.05 | 1.81 | 7.1 | -27.6 | 0 | 0 | 0 | 25.54 | 12.21 | -3.73 | 0.18 | -80.65 | 228.57 | 21.69 | 12.09 | -0.5 | 23.02 | 13.27 | 18.21 | 14.19 | -3.07 | -18.68 | 10.31 | 2.79 | 8.07 | 16.69 | 1.89 | 1.71 | 1.68 | -1.75 | 0.6 | 16.9 | 0.0 | -0.59 | 3.93 | 0.0 | 0.0 | 2.72 | 0.0 | -52.78 | 10.0 | 1.94 | 98.02 | 16.64 | 1.16 | 12.97 | -2.67 | 10.7 | -181.05 | 7.33 | 7.48 | 78.78 | 0.25 | 1.67 | -7.4 |
| 23Q2 (15) | 37.06 | 3.43 | 6.28 | 24.75 | 2.32 | -1.47 | 1.69 | -27.16 | -22.83 | 0 | 0 | 0 | 22.76 | 11.19 | -11.09 | 0.93 | 326.83 | 3000.0 | 19.35 | 2.98 | -12.64 | 20.32 | 6.05 | 5.12 | 14.64 | -6.39 | -20.04 | 10.03 | -5.73 | 18.0 | 16.38 | -6.02 | -0.49 | 1.71 | -1.16 | 2.4 | 16.9 | -0.59 | -0.59 | 3.93 | 0.0 | 0.0 | 2.72 | -52.78 | -52.78 | 9.81 | 96.2 | 84.05 | 16.45 | 12.06 | 9.59 | -2.99 | -137.3 | 38.48 | 6.82 | 82.35 | 1351.06 | 0.25 | -6.3 | -15.94 |
| 23Q1 (14) | 35.83 | 2.28 | 2.61 | 24.19 | 2.59 | 1.98 | 2.32 | 0.43 | -9.38 | 0 | 0 | 0 | 20.47 | -19.6 | -25.81 | -0.41 | 56.38 | -612.5 | 18.79 | -9.49 | -18.16 | 19.16 | -2.92 | -1.43 | 15.64 | 1.23 | -16.05 | 10.64 | 7.69 | 19.42 | 17.43 | 0.58 | 2.65 | 1.73 | 4.22 | 28.15 | 17.0 | 0.0 | 0.0 | 3.93 | 0.0 | 3.15 | 5.76 | 0.0 | 39.47 | 5.0 | 17.1 | -30.07 | 14.68 | 5.23 | -2.72 | -1.26 | 53.68 | 71.03 | 3.74 | 141.29 | 33.57 | 0.27 | -3.66 | -11.34 |
| 22Q4 (13) | 35.03 | 2.52 | 2.55 | 23.58 | -4.65 | 1.59 | 2.31 | -7.6 | -15.38 | 0 | 0 | 0 | 25.46 | -4.03 | -21.01 | -0.94 | -571.43 | -2250.0 | 20.76 | -4.77 | -15.88 | 19.74 | 1.36 | -5.24 | 15.45 | -11.46 | -20.36 | 9.88 | 3.56 | 16.37 | 17.33 | 5.61 | 1.94 | 1.66 | -0.6 | 18.57 | 17.0 | 0.0 | 0.0 | 3.93 | 0.0 | 3.15 | 5.76 | 0.0 | 39.47 | 4.27 | -15.45 | -39.43 | 13.95 | -5.3 | -6.94 | -2.72 | -186.32 | 52.78 | 1.55 | -62.2 | 20.16 | 0.28 | 0.9 | -7.65 |
| 22Q3 (12) | 34.17 | -2.01 | -27.3 | 24.73 | -1.55 | 9.67 | 2.5 | 14.16 | -5.66 | 0 | 0 | 0 | 26.53 | 3.63 | -9.02 | -0.14 | -566.67 | 46.15 | 21.8 | -1.58 | 0.37 | 19.47 | 0.73 | 5.07 | 17.45 | -4.7 | -7.38 | 9.54 | 12.24 | 9.15 | 16.41 | -0.3 | -10.82 | 1.67 | 0.0 | 17.61 | 17.0 | 0.0 | 0.0 | 3.93 | 0.0 | 3.15 | 5.76 | 0.0 | 39.47 | 5.05 | -5.25 | -29.76 | 14.73 | -1.87 | -2.64 | -0.95 | 80.45 | 84.5 | 4.1 | 772.34 | 286.79 | 0.27 | -7.71 | -7.02 |
| 22Q2 (11) | 34.87 | -0.14 | -9.87 | 25.12 | 5.9 | 13.56 | 2.19 | -14.45 | -21.22 | 0 | 0 | 0 | 25.6 | -7.21 | -12.12 | 0.03 | -62.5 | -91.89 | 22.15 | -3.53 | -0.49 | 19.33 | -0.56 | 1.66 | 18.31 | -1.72 | 2.23 | 8.5 | -4.6 | -1.39 | 16.46 | -3.06 | -14.23 | 1.67 | 23.7 | 21.01 | 17.0 | 0.0 | 0.0 | 3.93 | 3.15 | 3.15 | 5.76 | 39.47 | 49.22 | 5.33 | -25.45 | -30.69 | 15.01 | -0.53 | -2.34 | -4.86 | -11.72 | 13.83 | 0.47 | -83.21 | -77.07 | 0.30 | -1.18 | 2.67 |
| 22Q1 (10) | 34.92 | 2.22 | 12.07 | 23.72 | 2.2 | 7.72 | 2.56 | -6.23 | -0.39 | 0 | 0 | 0 | 27.59 | -14.4 | -1.36 | 0.08 | 300.0 | -84.31 | 22.96 | -6.97 | 8.66 | 19.44 | -6.67 | 3.87 | 18.63 | -3.97 | 16.44 | 8.91 | 4.95 | 7.09 | 16.98 | -0.12 | -13.68 | 1.35 | -3.57 | 4.65 | 17.0 | 0.0 | 0.0 | 3.81 | 0.0 | 0.0 | 4.13 | 0.0 | 6.99 | 7.15 | 1.42 | 6.56 | 15.09 | 0.67 | 4.86 | -4.35 | 24.48 | -1.64 | 2.8 | 117.05 | 15.23 | 0.30 | 0.36 | 15.41 |
| 21Q4 (9) | 34.16 | -27.32 | 27.65 | 23.21 | 2.93 | -7.16 | 2.73 | 3.02 | 145.95 | 0 | 0 | 0 | 32.23 | 10.53 | 4.2 | -0.04 | 84.62 | -157.14 | 24.68 | 13.63 | 3.61 | 20.83 | 12.38 | -4.71 | 19.4 | 2.97 | 30.82 | 8.49 | -2.86 | 23.58 | 17.0 | -7.61 | -4.82 | 1.4 | -1.41 | 3.7 | 17.0 | 0.0 | 0.0 | 3.81 | 0.0 | 0.0 | 4.13 | 0.0 | 6.99 | 7.05 | -1.95 | 5.54 | 14.99 | -0.93 | 4.46 | -5.76 | 6.04 | -39.47 | 1.29 | 21.7 | -49.41 | 0.30 | 1.58 | 17.56 |
| 21Q3 (8) | 47.0 | 21.48 | 70.29 | 22.55 | 1.94 | -7.81 | 2.65 | -4.68 | -78.35 | 0 | 0 | 0 | 29.16 | 0.1 | 0.45 | -0.26 | -170.27 | 31.58 | 21.72 | -2.43 | -6.74 | 18.53 | -2.53 | -13.99 | 18.84 | 5.19 | 28.51 | 8.74 | 1.39 | 38.29 | 18.4 | -4.12 | 208.21 | 1.42 | 2.9 | 1.43 | 17.0 | 0.0 | 0.0 | 3.81 | 0.0 | 0.0 | 4.13 | 6.99 | 6.99 | 7.19 | -6.5 | 9.44 | 15.13 | -1.56 | 6.25 | -6.13 | -8.69 | -51.73 | 1.06 | -48.29 | -58.1 | 0.30 | 1.91 | 16.56 |
| 21Q2 (7) | 38.69 | 24.17 | 33.0 | 22.12 | 0.45 | -16.47 | 2.78 | 8.17 | 0 | 0 | 0 | 0 | 29.13 | 4.15 | 16.66 | 0.37 | -27.45 | -68.64 | 22.26 | 5.35 | 15.34 | 19.02 | 1.6 | 0 | 17.91 | 11.94 | 18.61 | 8.62 | 3.61 | 55.32 | 19.19 | -2.44 | 160.03 | 1.38 | 6.98 | -12.1 | 17.0 | 0.0 | 0.0 | 3.81 | 0.0 | 0.0 | 3.86 | 0.0 | 0.0 | 7.69 | 14.61 | 13.09 | 15.37 | 6.81 | 6.15 | -5.64 | -31.78 | -35.25 | 2.05 | -15.64 | -22.05 | 0.29 | 11.08 | 26.55 |
| 21Q1 (6) | 31.16 | 16.44 | 9.6 | 22.02 | -11.92 | -7.75 | 2.57 | 131.53 | 0 | 0 | 0 | 0 | 27.97 | -9.57 | 16.3 | 0.51 | 628.57 | 124.29 | 21.13 | -11.29 | 10.22 | 18.72 | -14.37 | 0 | 16.0 | 7.89 | 4.3 | 8.32 | 21.11 | 61.24 | 19.67 | 10.13 | 250.0 | 1.29 | -4.44 | -18.87 | 17.0 | 0.0 | 2.04 | 3.81 | 0.0 | 5.25 | 3.86 | 0.0 | 77.88 | 6.71 | 0.45 | -22.7 | 14.39 | 0.28 | -0.48 | -4.28 | -3.63 | 6.35 | 2.43 | -4.71 | -40.88 | 0.26 | 2.23 | 14.82 |
| 20Q4 (5) | 26.76 | -3.04 | -14.26 | 25.0 | 2.21 | 17.43 | 1.11 | -90.93 | -90.23 | 0 | 0 | 0 | 30.93 | 6.54 | 3.0 | 0.07 | 118.42 | -41.67 | 23.82 | 2.28 | 1.1 | 21.86 | 1.43 | 0 | 14.83 | 1.16 | -0.8 | 6.87 | 8.7 | 19.48 | 17.86 | 199.16 | 159.22 | 1.35 | -3.57 | -17.68 | 17.0 | 0.0 | 2.04 | 3.81 | 0.0 | 5.25 | 3.86 | 0.0 | 77.88 | 6.68 | 1.67 | -38.03 | 14.35 | 0.77 | -13.35 | -4.13 | -2.23 | -6.99 | 2.55 | 0.79 | -63.15 | 0.26 | 0.72 | 13.61 |
| 20Q3 (4) | 27.6 | -5.12 | 0.0 | 24.46 | -7.63 | 0.0 | 12.24 | 0 | 0.0 | 0 | 0 | 0.0 | 29.03 | 16.26 | 0.0 | -0.38 | -132.2 | 0.0 | 23.29 | 20.67 | 0.0 | 21.55 | 0 | 0.0 | 14.66 | -2.91 | 0.0 | 6.32 | 13.87 | 0.0 | 5.97 | -19.11 | 0.0 | 1.4 | -10.83 | 0.0 | 17.0 | 0.0 | 0.0 | 3.81 | 0.0 | 0.0 | 3.86 | 0.0 | 0.0 | 6.57 | -3.38 | 0.0 | 14.24 | -1.66 | 0.0 | -4.04 | 3.12 | 0.0 | 2.53 | -3.8 | 0.0 | 0.25 | 10.64 | 0.0 |
