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) | 33.83 | -5.92 | 16.21 | 10.5 | 3.07 | -4.66 | 0 | 0 | 146.16 | -6.83 | 7.19 | -54.0 | 25.76 | -14.59 | 17.62 | -8.33 | 33.51 | -4.26 | 0 | 0 | 8.4 | -22.51 | 18.48 | 27.89 | 26.35 | 0.0 | 11.3 | 16.14 | 5.31 | 0.0 | 21.56 | -18.67 | 38.17 | -8.16 | -4.2 | 0 | 17.36 | -24.23 | 0.28 | 11.53 |
| 2022 (9) | 35.96 | 33.09 | 14.67 | 59.28 | 3.22 | 395.38 | 0 | 0 | 156.87 | 19.05 | 15.63 | 77.01 | 30.16 | 2.17 | 19.23 | -14.18 | 35.0 | 43.15 | 0 | 0 | 10.84 | -26.95 | 14.45 | 2.34 | 26.35 | -0.6 | 9.73 | 9.94 | 5.31 | 15.69 | 26.51 | 39.31 | 41.56 | 28.0 | -3.6 | 0 | 22.91 | 66.98 | 0.25 | 4.14 |
| 2021 (8) | 27.02 | 5.38 | 9.21 | -34.31 | 0.65 | -91.7 | 0 | 0 | 131.77 | 26.82 | 8.83 | 64.43 | 29.52 | 24.61 | 22.40 | -1.75 | 24.45 | 35.83 | 0 | 0 | 14.84 | 14.51 | 14.12 | -7.77 | 26.51 | 5.32 | 8.85 | 6.5 | 4.59 | 2.91 | 19.03 | 28.23 | 32.47 | 17.6 | -5.31 | 0 | 13.72 | 33.85 | 0.24 | -7.37 |
| 2020 (7) | 25.64 | 14.98 | 14.02 | -20.43 | 7.83 | -11.72 | 0 | 0 | 103.9 | -1.09 | 5.37 | 1.7 | 23.69 | 11.48 | 22.80 | 12.71 | 18.0 | 2.21 | 0 | 0 | 12.96 | 27.68 | 15.31 | -8.05 | 25.17 | 0.88 | 8.31 | 6.81 | 4.46 | 45.75 | 14.84 | -1.66 | 27.61 | 6.48 | -4.59 | 0 | 10.25 | -3.57 | 0.26 | 2.9 |
| 2019 (6) | 22.3 | -17.28 | 17.62 | 48.07 | 8.87 | 0 | 0 | 0 | 105.04 | 9.3 | 5.28 | -34.98 | 21.25 | -2.48 | 20.23 | -10.78 | 17.61 | 3.04 | 0 | 0 | 10.15 | 16.13 | 16.65 | 19.78 | 24.95 | 2.8 | 7.78 | 11.62 | 3.06 | 1.32 | 15.09 | -15.65 | 25.93 | -7.03 | -4.46 | 0 | 10.63 | -28.32 | 0.25 | 9.16 |
| 2018 (5) | 26.96 | 4.9 | 11.9 | 66.9 | 0 | 0 | 0 | 0 | 96.1 | 6.85 | 8.12 | -6.45 | 21.79 | 8.57 | 22.67 | 1.61 | 17.09 | 4.78 | 0 | 0 | 8.74 | 0 | 13.9 | 21.08 | 24.27 | 0.66 | 6.97 | 14.26 | 3.02 | 0.0 | 17.89 | 0.06 | 27.89 | 3.3 | -3.06 | 0 | 14.83 | -4.2 | 0.23 | 9.74 |
| 2017 (4) | 25.7 | 8.67 | 7.13 | 63.91 | 11.84 | 1016.98 | 0 | 0 | 89.94 | 3.36 | 8.68 | 12.29 | 20.07 | 2.03 | 22.31 | -1.28 | 16.31 | 18.53 | 0 | 0 | 0 | 0 | 11.48 | -10.31 | 24.11 | 0.25 | 6.1 | 14.45 | 3.02 | 0.0 | 17.88 | 11.89 | 27.0 | 10.97 | -2.4 | 0 | 15.48 | 5.02 | 0.21 | 5.69 |
| 2016 (3) | 23.65 | -36.48 | 4.35 | -5.43 | 1.06 | 457.89 | 0 | 0 | 87.02 | 12.36 | 7.73 | 0.91 | 19.67 | 16.05 | 22.60 | 3.28 | 13.76 | 16.61 | 0 | 0 | 12.42 | 7.81 | 12.8 | 7900.0 | 24.05 | 0.21 | 5.33 | 16.89 | 3.02 | 0.0 | 15.98 | 6.11 | 24.33 | 7.46 | -1.24 | 0 | 14.74 | -8.28 | 0.20 | 10.19 |
| 2015 (2) | 37.23 | 45.71 | 4.6 | 61.4 | 0.19 | -45.71 | 0 | 0 | 77.45 | 1.37 | 7.66 | 28.31 | 16.95 | 11.0 | 21.89 | 9.5 | 11.8 | 6.5 | 0 | 0 | 11.52 | 1376.92 | 0.16 | -20.0 | 24.0 | -1.48 | 4.56 | 14.86 | 3.02 | 0.0 | 15.06 | 16.47 | 22.64 | 13.65 | 1.01 | -27.86 | 16.07 | 12.14 | 0.18 | 15.52 |
| 2014 (1) | 25.55 | 13.61 | 2.85 | -31.82 | 0.35 | 2.94 | 0 | 0 | 76.4 | 7.88 | 5.97 | 53.87 | 15.27 | 1.73 | 19.99 | -5.7 | 11.08 | -1.51 | 0 | 0 | 0.78 | -17.02 | 0.2 | 25.0 | 24.36 | -0.29 | 3.97 | 10.89 | 3.02 | 0.0 | 12.93 | 25.53 | 19.92 | 17.87 | 1.4 | 241.46 | 14.33 | 33.8 | 0.16 | 6.07 |
| 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) | 25.53 | -19.41 | -29.1 | 20.62 | 99.42 | -2.92 | 1.65 | -23.26 | -47.62 | 0 | 0 | 0 | 38.38 | 7.27 | 2.37 | 0.82 | -33.87 | -64.96 | 30.17 | 13.04 | 2.24 | 21.45 | 12.32 | 10.01 | 36.17 | -0.17 | 2.29 | 0 | 0 | 0 | 9.03 | -5.15 | -12.67 | 18.63 | -2.31 | -2.61 | 26.35 | 0.0 | 0.0 | 12.01 | 0.0 | 6.28 | 5.31 | 0.0 | 0.0 | 18.68 | 4.59 | -9.28 | 36.0 | 2.33 | -3.23 | -2.05 | 19.29 | 29.07 | 16.63 | 8.55 | -6.05 | 0.28 | 1.14 | 3.59 |
| 24Q2 (19) | 31.68 | 2.69 | -6.93 | 10.34 | -14.47 | -20.28 | 2.15 | -19.17 | -38.57 | 0 | 0 | 0 | 35.78 | 12.84 | -4.87 | 1.24 | 18.1 | -20.0 | 26.69 | 8.01 | -8.41 | 19.09 | 9.43 | 0.62 | 36.23 | 3.4 | 4.35 | 0 | 0 | 0 | 9.52 | 2.48 | -16.34 | 19.07 | -0.16 | 2.03 | 26.35 | 0.0 | 0.0 | 12.01 | 6.28 | 6.28 | 5.31 | 0.0 | 0.0 | 17.86 | -21.01 | -2.19 | 35.18 | -10.28 | 0.89 | -2.54 | 15.05 | 42.53 | 15.32 | -21.92 | 10.69 | 0.28 | -2.07 | 4.52 |
| 24Q1 (18) | 30.85 | -8.81 | -8.92 | 12.09 | -25.42 | -12.33 | 2.66 | -13.36 | -14.74 | 0 | 0 | 0 | 31.71 | -8.88 | -12.52 | 1.05 | 6.06 | -54.35 | 24.71 | -4.08 | -13.81 | 17.45 | -1.0 | -5.3 | 35.04 | 4.57 | -2.91 | 0 | 0 | 0 | 9.29 | 10.6 | -3.83 | 19.1 | 3.35 | 34.89 | 26.35 | 0.0 | 0.0 | 11.3 | 0.0 | 16.14 | 5.31 | 0.0 | 0.0 | 22.61 | 4.87 | -21.55 | 39.21 | 2.72 | -10.6 | -2.99 | 28.81 | 15.77 | 19.62 | 13.02 | -22.36 | 0.28 | 2.75 | 13.17 |
| 23Q4 (17) | 33.83 | -6.05 | -5.92 | 16.21 | -23.68 | 10.5 | 3.07 | -2.54 | -4.66 | 0 | 0 | 0 | 34.8 | -7.18 | -13.02 | 0.99 | -57.69 | -68.17 | 25.76 | -12.71 | -14.59 | 17.63 | -9.6 | -8.32 | 33.51 | -5.23 | -4.26 | 0 | 0 | 0 | 8.4 | -18.76 | -22.51 | 18.48 | -3.4 | 27.89 | 26.35 | 0.0 | 0.0 | 11.3 | 0.0 | 16.14 | 5.31 | 0.0 | 0.0 | 21.56 | 4.71 | -18.67 | 38.17 | 2.61 | -8.16 | -4.2 | -45.33 | -16.67 | 17.36 | -1.92 | -24.23 | 0.28 | 1.8 | 11.53 |
| 23Q3 (16) | 36.01 | 5.79 | 20.52 | 21.24 | 63.76 | 45.68 | 3.15 | -10.0 | -47.5 | 0 | 0 | 0 | 37.49 | -0.32 | -5.54 | 2.34 | 50.97 | -51.35 | 29.51 | 1.27 | -10.85 | 19.50 | 2.74 | -10.05 | 35.36 | 1.84 | 2.2 | 0 | 0 | 0 | 10.34 | -9.14 | 16.31 | 19.13 | 2.35 | 26.27 | 26.35 | 0.0 | 0.0 | 11.3 | 0.0 | 16.14 | 5.31 | 0.0 | 0.0 | 20.59 | 12.76 | -11.86 | 37.2 | 6.68 | -3.12 | -2.89 | 34.62 | -6.64 | 17.7 | 27.89 | -14.29 | 0.27 | 2.04 | 11.46 |
| 23Q2 (15) | 34.04 | 0.5 | 19.06 | 12.97 | -5.95 | 14.27 | 3.5 | 12.18 | 218.18 | 0 | 0 | 0 | 37.61 | 3.75 | -5.15 | 1.55 | -32.61 | -59.74 | 29.14 | 1.64 | -13.51 | 18.98 | 2.99 | -16.73 | 34.72 | -3.8 | 13.5 | 0 | 0 | 0 | 11.38 | 17.81 | -14.44 | 18.69 | 31.99 | 28.54 | 26.35 | 0.0 | 0.0 | 11.3 | 16.14 | 16.14 | 5.31 | 0.0 | 0.0 | 18.26 | -36.64 | -1.56 | 34.87 | -20.5 | 3.81 | -4.42 | -24.51 | -13.92 | 13.84 | -45.23 | -5.66 | 0.27 | 6.03 | 11.08 |
| 23Q1 (14) | 33.87 | -5.81 | 37.01 | 13.79 | -6.0 | 45.93 | 3.12 | -3.11 | 0 | 0 | 0 | 0 | 36.25 | -9.4 | -3.38 | 2.3 | -26.05 | -40.41 | 28.67 | -4.94 | -10.96 | 18.43 | -4.16 | -19.6 | 36.09 | 3.11 | 29.91 | 0 | 0 | 0 | 9.66 | -10.89 | -32.4 | 14.16 | -2.01 | -1.05 | 26.35 | 0.0 | 0.0 | 9.73 | 0.0 | 9.94 | 5.31 | 0.0 | 15.69 | 28.82 | 8.71 | 25.91 | 43.86 | 5.53 | 20.73 | -3.55 | 1.39 | 4.83 | 25.27 | 10.3 | 31.89 | 0.25 | 1.26 | 5.31 |
| 22Q4 (13) | 35.96 | 20.35 | 33.09 | 14.67 | 0.62 | 59.28 | 3.22 | -46.33 | 395.38 | 0 | 0 | 0 | 40.01 | 0.81 | 11.6 | 3.11 | -35.34 | 14.34 | 30.16 | -8.88 | 2.17 | 19.23 | -11.3 | -14.18 | 35.0 | 1.16 | 43.15 | 0 | 0 | 0 | 10.84 | 21.93 | -26.95 | 14.45 | -4.62 | 2.34 | 26.35 | 0.0 | -0.6 | 9.73 | 0.0 | 9.94 | 5.31 | 0.0 | 15.69 | 26.51 | 13.48 | 39.31 | 41.56 | 8.23 | 28.0 | -3.6 | -32.84 | 32.2 | 22.91 | 10.94 | 66.98 | 0.25 | 1.73 | 4.14 |
| 22Q3 (12) | 29.88 | 4.51 | 8.65 | 14.58 | 28.46 | -17.86 | 6.0 | 445.45 | 1614.29 | 0 | 0 | 0 | 39.69 | 0.1 | 13.99 | 4.81 | 24.94 | 92.4 | 33.1 | -1.75 | 11.82 | 21.68 | -4.88 | -8.14 | 34.6 | 13.11 | 50.43 | 0 | 0 | 0 | 8.89 | -33.16 | -25.36 | 15.15 | 4.2 | 4.92 | 26.35 | 0.0 | -0.6 | 9.73 | 0.0 | 9.94 | 5.31 | 0.0 | 15.69 | 23.36 | 25.93 | 43.14 | 38.4 | 14.32 | 29.03 | -2.71 | 30.15 | 50.37 | 20.65 | 40.76 | 90.15 | 0.24 | 1.69 | 3.32 |
| 22Q2 (11) | 28.59 | 15.66 | 5.42 | 11.35 | 20.11 | -15.42 | 1.1 | 0 | 2650.0 | 0 | 0 | 0 | 39.65 | 5.68 | 22.72 | 3.85 | -0.26 | 113.89 | 33.69 | 4.63 | 23.5 | 22.79 | -0.57 | -1.96 | 30.59 | 10.12 | 43.01 | 0 | 0 | 0 | 13.3 | -6.93 | 25.83 | 14.54 | 1.61 | -1.02 | 26.35 | 0.0 | -0.6 | 9.73 | 9.94 | 9.94 | 5.31 | 15.69 | 15.69 | 18.55 | -18.96 | 34.23 | 33.59 | -7.54 | 23.18 | -3.88 | -4.02 | 28.55 | 14.67 | -23.43 | 74.85 | 0.24 | 0.53 | 3.98 |
| 22Q1 (10) | 24.72 | -8.51 | -1.83 | 9.45 | 2.61 | -33.73 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 37.52 | 4.66 | 30.32 | 3.86 | 41.91 | 113.26 | 32.2 | 9.08 | 32.84 | 22.92 | 2.3 | 2.94 | 27.78 | 13.62 | 41.09 | 0 | 0 | 0 | 14.29 | -3.71 | 37.27 | 14.31 | 1.35 | -5.11 | 26.35 | -0.6 | -0.6 | 8.85 | 0.0 | 6.5 | 4.59 | 0.0 | 2.91 | 22.89 | 20.28 | 37.39 | 36.33 | 11.89 | 23.49 | -3.73 | 29.76 | 23.72 | 19.16 | 39.65 | 62.79 | 0.24 | 0.14 | 0.28 |
| 21Q4 (9) | 27.02 | -1.75 | 5.38 | 9.21 | -48.11 | -34.31 | 0.65 | 85.71 | -91.7 | 0 | 0 | 0 | 35.85 | 2.96 | 21.4 | 2.72 | 8.8 | 37.37 | 29.52 | -0.27 | 24.61 | 22.40 | -5.05 | -1.74 | 24.45 | 6.3 | 35.83 | 0 | 0 | 0 | 14.84 | 24.6 | 14.51 | 14.12 | -2.22 | -7.77 | 26.51 | 0.0 | 5.32 | 8.85 | 0.0 | 6.5 | 4.59 | 0.0 | 2.91 | 19.03 | 16.61 | 28.23 | 32.47 | 9.11 | 17.6 | -5.31 | 2.75 | -15.69 | 13.72 | 26.34 | 33.85 | 0.24 | 0.93 | -7.37 |
| 21Q3 (8) | 27.5 | 1.4 | 1.81 | 17.75 | 32.27 | 7.77 | 0.35 | 775.0 | -96.53 | 0 | 0 | 0 | 34.82 | 7.77 | 30.27 | 2.5 | 38.89 | 85.19 | 29.6 | 8.5 | 43.55 | 23.60 | 1.51 | 16.01 | 23.0 | 7.53 | 28.64 | 0 | 0 | 0 | 11.91 | 12.68 | -26.07 | 14.44 | -1.7 | -8.78 | 26.51 | 0.0 | 6.25 | 8.85 | 0.0 | 6.5 | 4.59 | 0.0 | 2.91 | 16.32 | 18.09 | 27.1 | 29.76 | 9.13 | 16.2 | -5.46 | -0.55 | -9.2 | 10.86 | 29.44 | 38.52 | 0.24 | 2.34 | -7.18 |
| 21Q2 (7) | 27.12 | 7.7 | 13.95 | 13.42 | -5.89 | -14.9 | 0.04 | 0.0 | -99.55 | 0 | 0 | 0 | 32.31 | 12.23 | 35.59 | 1.8 | -0.55 | 71.43 | 27.28 | 12.54 | 37.92 | 23.24 | 4.41 | 0 | 21.39 | 8.63 | 13.11 | 0 | 0 | 0 | 10.57 | 1.54 | -8.56 | 14.69 | -2.59 | -9.99 | 26.51 | 0.0 | 6.25 | 8.85 | 6.5 | 0 | 4.59 | 2.91 | 0 | 13.82 | -17.05 | 0 | 27.27 | -7.31 | 12.41 | -5.43 | -11.04 | -2.07 | 8.39 | -28.72 | 257.71 | 0.23 | -3.05 | -7.18 |
| 21Q1 (6) | 25.18 | -1.79 | 18.66 | 14.26 | 1.71 | -1.79 | 0.04 | -99.49 | -99.57 | 0 | 0 | 0 | 28.79 | -2.51 | 20.86 | 1.81 | -8.59 | 81.0 | 24.24 | 2.32 | 21.02 | 22.26 | -2.35 | 0 | 19.69 | 9.39 | 9.27 | 0 | 0 | 0 | 10.41 | -19.68 | 6.44 | 15.08 | -1.5 | -10.45 | 26.51 | 5.32 | 6.25 | 8.31 | 0.0 | 6.81 | 4.46 | 0.0 | 45.75 | 16.66 | 12.26 | 3.54 | 29.42 | 6.56 | 9.25 | -4.89 | -6.54 | -4.71 | 11.77 | 14.83 | 3.06 | 0.24 | -7.5 | -7.06 |
| 20Q4 (5) | 25.64 | -5.07 | 14.98 | 14.02 | -14.88 | -20.43 | 7.83 | -22.32 | -11.72 | 0 | 0 | 0 | 29.53 | 10.48 | 9.37 | 1.98 | 46.67 | 40.43 | 23.69 | 14.89 | 11.48 | 22.80 | 12.09 | 0 | 18.0 | 0.67 | 2.21 | 0 | 0 | 0 | 12.96 | -19.55 | 27.68 | 15.31 | -3.28 | -8.05 | 25.17 | 0.88 | 0.88 | 8.31 | 0.0 | 6.81 | 4.46 | 0.0 | 45.75 | 14.84 | 15.58 | -1.66 | 27.61 | 7.81 | 6.48 | -4.59 | 8.2 | -2.91 | 10.25 | 30.74 | -3.57 | 0.26 | 1.13 | 2.9 |
| 20Q3 (4) | 27.01 | 13.49 | 0.0 | 16.47 | 4.44 | 0.0 | 10.08 | 12.75 | 0.0 | 0 | 0 | 0.0 | 26.73 | 12.17 | 0.0 | 1.35 | 28.57 | 0.0 | 20.62 | 4.25 | 0.0 | 20.34 | 0 | 0.0 | 17.88 | -5.45 | 0.0 | 0 | 0 | 0.0 | 16.11 | 39.36 | 0.0 | 15.83 | -3.0 | 0.0 | 24.95 | 0.0 | 0.0 | 8.31 | 0 | 0.0 | 4.46 | 0 | 0.0 | 12.84 | 0 | 0.0 | 25.61 | 5.56 | 0.0 | -5.0 | 6.02 | 0.0 | 7.84 | 247.37 | 0.0 | 0.25 | 2.35 | 0.0 |
