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) | 64.85 | 21.56 | 22.68 | 200.4 | 0.82 | 2.5 | 0 | 0 | 492.73 | -6.99 | 28.35 | -6.06 | 66.55 | -7.1 | 13.51 | -0.12 | 41.42 | -21.72 | 25.02 | 7.98 | 22.49 | 71.03 | 4.4 | -5.98 | 18.87 | 3.85 | 21.76 | 16.18 | 0 | 0 | 75.81 | 22.89 | 97.57 | 21.33 | 7.76 | 2.51 | 83.57 | 20.66 | 0.02 | -34.65 |
| 2022 (9) | 53.35 | 42.19 | 7.55 | -48.04 | 0.8 | -21.57 | 0 | 0 | 529.78 | 24.16 | 30.18 | 31.56 | 71.64 | 1.49 | 13.52 | -18.26 | 52.91 | 58.6 | 23.17 | 15.1 | 13.15 | 75.8 | 4.68 | -9.3 | 18.17 | 0.0 | 18.73 | 13.93 | 0 | 0 | 61.69 | 24.35 | 80.42 | 21.76 | 7.57 | -8.8 | 69.26 | 19.6 | 0.02 | -1.28 |
| 2021 (8) | 37.52 | 11.27 | 14.53 | 4.16 | 1.02 | 54.55 | 0 | 0 | 426.69 | 17.97 | 22.94 | 10.93 | 70.59 | 24.3 | 16.54 | 5.36 | 33.36 | 4.38 | 20.13 | 2.23 | 7.48 | 43.02 | 5.16 | 892.31 | 18.17 | 0.0 | 16.44 | 14.09 | 0 | 0 | 49.61 | 14.68 | 66.05 | 14.53 | 8.3 | 27.89 | 57.91 | 16.4 | 0.02 | 1575.68 |
| 2020 (7) | 33.72 | 7.59 | 13.95 | 34.39 | 0.66 | 6.45 | 0 | 0 | 361.68 | 14.09 | 20.68 | 20.09 | 56.79 | 9.38 | 15.70 | -4.13 | 31.96 | -3.24 | 19.69 | 18.97 | 5.23 | 2.75 | 0.52 | -17.46 | 18.17 | 0.0 | 14.41 | 13.64 | 0 | 0 | 43.26 | 18.55 | 57.67 | 17.29 | 6.49 | 48.51 | 49.75 | 21.76 | 0.00 | -28.93 |
| 2019 (6) | 31.34 | 26.32 | 10.38 | 17.82 | 0.62 | 26.53 | 0 | 0 | 317.01 | 9.84 | 17.22 | 22.56 | 51.92 | 4.99 | 16.38 | -4.41 | 33.03 | 24.31 | 16.55 | 20.89 | 5.09 | 19.2 | 0.63 | 0 | 18.17 | 0.0 | 12.68 | 12.41 | 0 | 0 | 36.49 | 21.76 | 49.17 | 18.08 | 4.37 | 82.85 | 40.86 | 26.27 | 0.00 | -34.16 |
| 2018 (5) | 24.81 | 1.06 | 8.81 | 11.94 | 0.49 | 2.08 | 0 | 0 | 288.61 | 21.36 | 14.05 | 40.78 | 49.45 | 29.79 | 17.13 | 6.94 | 26.57 | 6.71 | 13.69 | 13.89 | 4.27 | -7.17 | 0 | 0 | 18.17 | 0.0 | 11.28 | 9.73 | 0.39 | 34.48 | 29.97 | 25.08 | 41.64 | 20.59 | 2.39 | 0 | 32.36 | 37.29 | 0.00 | 155.04 |
| 2017 (4) | 24.55 | 30.03 | 7.87 | 34.07 | 0.48 | 9.09 | 0 | 0 | 237.81 | 5.09 | 9.98 | -17.04 | 38.1 | 21.45 | 16.02 | 15.57 | 24.9 | -3.9 | 12.02 | 1.61 | 4.6 | -1.29 | 0 | 0 | 18.17 | 9.52 | 10.28 | 13.22 | 0.29 | 0 | 23.96 | 0.13 | 34.53 | 4.6 | -0.39 | 0 | 23.57 | -0.3 | 0.00 | -23.96 |
| 2016 (3) | 18.88 | 37.41 | 5.87 | 2.98 | 0.44 | 7.32 | 0 | 0 | 226.29 | 18.61 | 12.03 | 25.57 | 31.37 | 1.95 | 13.86 | -14.04 | 25.91 | 46.14 | 11.83 | 4.32 | 4.66 | 18.58 | 0 | 0 | 16.59 | 2.03 | 9.08 | 11.82 | 0 | 0 | 23.93 | 21.78 | 33.01 | 18.87 | -0.29 | 0 | 23.64 | 16.45 | 0.00 | 3.08 |
| 2015 (2) | 13.74 | -3.78 | 5.7 | 102.13 | 0.41 | 57.69 | 0 | 0 | 190.79 | 5.46 | 9.58 | 11.4 | 30.77 | 14.94 | 16.13 | 9.0 | 17.73 | 12.22 | 11.34 | 2.81 | 3.93 | 26.77 | 0 | 0 | 16.26 | 2.98 | 8.12 | 11.85 | 0 | 0 | 19.65 | 13.65 | 27.77 | 13.12 | 0.65 | 1.56 | 20.3 | 13.22 | 0.00 | -78.25 |
| 2014 (1) | 14.28 | 6.73 | 2.82 | 50.0 | 0.26 | 23.81 | 0 | 0 | 180.92 | 16.31 | 8.6 | 7.77 | 26.77 | 25.62 | 14.80 | 8.01 | 15.8 | 11.98 | 11.03 | 1.75 | 3.1 | 67.57 | 0 | 0 | 15.79 | 2.0 | 7.26 | 12.38 | 0 | 0 | 17.29 | 11.26 | 24.55 | 11.59 | 0.64 | 52.38 | 17.93 | 12.34 | 0.01 | -14.23 |
| 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) | 37.62 | -21.03 | -37.66 | 10.85 | 26.6 | -63.65 | 0.95 | 2.15 | 17.28 | 0 | 0 | 0 | 153.67 | 11.42 | 23.01 | 9.37 | -8.23 | 18.31 | 88.27 | 13.17 | 17.57 | 16.55 | 7.07 | 11.16 | 45.92 | 2.39 | 6.49 | 27.54 | 7.87 | 13.57 | 33.5 | -12.87 | 48.82 | 3.88 | -3.24 | -8.06 | 19.06 | 0.95 | 1.01 | 24.57 | 0.0 | 12.91 | 0 | 0 | 0 | 83.83 | 13.13 | 20.58 | 108.4 | 9.86 | 18.74 | 12.15 | 3.76 | 71.37 | 95.98 | 11.85 | 25.28 | 0.01 | -0.23 | -19.46 |
| 24Q2 (19) | 47.64 | 21.75 | -22.78 | 8.57 | -12.37 | -55.76 | 0.93 | 3.33 | 14.81 | 0 | 0 | 0 | 137.92 | 15.59 | 14.41 | 10.21 | 31.74 | 52.39 | 78.0 | 12.77 | 9.74 | 15.46 | 8.88 | 12.49 | 44.85 | 9.2 | -17.34 | 25.53 | -4.53 | 10.19 | 38.45 | -0.83 | 72.19 | 4.01 | -6.09 | -8.45 | 18.88 | 0.05 | -1.05 | 24.57 | 12.91 | 12.91 | 0 | 0 | 0 | 74.1 | 11.29 | 20.27 | 98.67 | 11.69 | 18.35 | 11.71 | 11.21 | 92.6 | 85.81 | 11.28 | 26.77 | 0.01 | -21.04 | -40.71 |
| 24Q1 (18) | 39.13 | -39.66 | -17.12 | 9.78 | -56.88 | -34.19 | 0.9 | 9.76 | 11.11 | 0 | 0 | 0 | 119.32 | -2.46 | -4.48 | 7.75 | 22.24 | 4.73 | 69.17 | 3.94 | -4.29 | 14.20 | 5.13 | 3.91 | 41.07 | -0.85 | -15.65 | 26.74 | 6.87 | 21.88 | 38.77 | 72.39 | 197.09 | 4.27 | -2.95 | -5.32 | 18.87 | 0.0 | 3.85 | 21.76 | 0.0 | 16.18 | 0 | 0 | 0 | 66.58 | -12.18 | 14.91 | 88.34 | -9.46 | 15.22 | 10.53 | 35.7 | 43.85 | 77.11 | -7.73 | 18.16 | 0.02 | 5.76 | -37.74 |
| 23Q4 (17) | 64.85 | 7.46 | 21.56 | 22.68 | -24.02 | 200.4 | 0.82 | 1.23 | 2.5 | 0 | 0 | 0 | 122.33 | -2.07 | -8.55 | 6.34 | -19.95 | 12.21 | 66.55 | -11.36 | -7.1 | 13.51 | -9.3 | -0.12 | 41.42 | -3.94 | -21.72 | 25.02 | 3.18 | 7.98 | 22.49 | -0.09 | 71.03 | 4.4 | 4.27 | -5.98 | 18.87 | 0.0 | 3.85 | 21.76 | 0.0 | 16.18 | 0 | 0 | 0 | 75.81 | 9.05 | 22.89 | 97.57 | 6.88 | 21.33 | 7.76 | 9.45 | 2.51 | 83.57 | 9.08 | 20.66 | 0.02 | -3.32 | -34.65 |
| 23Q3 (16) | 60.35 | -2.17 | 34.32 | 29.85 | 54.1 | 22.24 | 0.81 | 0.0 | 1.25 | 0 | 0 | 0 | 124.92 | 3.63 | -9.43 | 7.92 | 18.21 | -11.31 | 75.08 | 5.63 | -4.94 | 14.89 | 8.35 | -3.14 | 43.12 | -20.53 | 4.58 | 24.25 | 4.66 | 9.68 | 22.51 | 0.81 | 216.6 | 4.22 | -3.65 | -12.27 | 18.87 | -1.1 | 3.85 | 21.76 | 0.0 | 16.18 | 0 | 0 | 0 | 69.52 | 12.84 | 24.45 | 91.29 | 9.5 | 22.39 | 7.09 | 16.61 | 31.05 | 76.61 | 13.18 | 25.04 | 0.02 | -26.56 | -34.19 |
| 23Q2 (15) | 61.69 | 30.67 | 55.78 | 19.37 | 30.35 | 21.75 | 0.81 | 0.0 | 0.0 | 0 | 0 | 0 | 120.55 | -3.5 | -8.85 | 6.7 | -9.46 | -25.56 | 71.08 | -1.65 | -16.69 | 13.74 | 0.58 | -21.77 | 54.26 | 11.44 | 42.23 | 23.17 | 5.61 | 13.47 | 22.33 | 71.11 | 205.47 | 4.38 | -2.88 | -11.69 | 19.08 | 5.01 | 5.01 | 21.76 | 16.18 | 16.18 | 0 | 0 | 0 | 61.61 | 6.33 | 31.28 | 83.37 | 8.74 | 26.97 | 6.08 | -16.94 | 28.27 | 67.69 | 3.72 | 31.0 | 0.02 | -17.08 | -12.15 |
| 23Q1 (14) | 47.21 | -11.51 | 29.34 | 14.86 | 96.82 | 6.45 | 0.81 | 1.25 | 0.0 | 0 | 0 | 0 | 124.92 | -6.62 | -0.72 | 7.4 | 30.97 | 12.12 | 72.27 | 0.88 | -1.79 | 13.66 | 1.05 | -15.1 | 48.69 | -7.98 | 30.75 | 21.94 | -5.31 | 12.4 | 13.05 | -0.76 | 73.77 | 4.51 | -3.63 | -10.34 | 18.17 | 0.0 | 0.0 | 18.73 | 0.0 | 13.93 | 0 | 0 | 0 | 57.94 | -6.08 | 44.06 | 76.67 | -4.66 | 35.32 | 7.32 | -3.3 | -16.82 | 65.26 | -5.78 | 33.13 | 0.03 | 11.01 | -4.54 |
| 22Q4 (13) | 53.35 | 18.74 | 42.19 | 7.55 | -69.08 | -48.04 | 0.8 | 0.0 | -21.57 | 0 | 0 | 0 | 133.77 | -3.02 | 13.69 | 5.65 | -36.73 | -10.74 | 71.64 | -9.29 | 1.49 | 13.52 | -12.05 | -18.26 | 52.91 | 28.33 | 58.6 | 23.17 | 4.79 | 15.1 | 13.15 | 84.95 | 75.8 | 4.68 | -2.7 | -9.3 | 18.17 | 0.0 | 0.0 | 18.73 | 0.0 | 13.93 | 0 | 0 | 0 | 61.69 | 10.44 | 24.35 | 80.42 | 7.82 | 21.76 | 7.57 | 39.93 | -8.8 | 69.26 | 13.04 | 19.6 | 0.02 | -2.65 | -1.28 |
| 22Q3 (12) | 44.93 | 13.46 | 21.11 | 24.42 | 53.49 | 47.64 | 0.8 | -1.23 | 3.9 | 0 | 0 | 0 | 137.93 | 4.29 | 25.52 | 8.93 | -0.78 | 50.34 | 78.98 | -7.43 | 13.18 | 15.38 | -12.48 | -12.21 | 41.23 | 8.07 | 38.96 | 22.11 | 8.28 | 15.7 | 7.11 | -2.74 | -7.18 | 4.81 | -3.02 | -0.41 | 18.17 | 0.0 | 0.0 | 18.73 | 0.0 | 13.93 | 0 | 0 | 0 | 55.86 | 19.03 | 28.98 | 74.59 | 13.6 | 24.86 | 5.41 | 14.14 | -4.42 | 61.27 | 18.58 | 25.12 | 0.02 | -1.97 | 5.45 |
| 22Q2 (11) | 39.6 | 8.49 | 27.91 | 15.91 | 13.97 | 523.92 | 0.81 | 0.0 | 28.57 | 0 | 0 | 0 | 132.25 | 5.1 | 27.4 | 9.0 | 36.36 | 46.82 | 85.32 | 15.94 | 29.96 | 17.57 | 9.15 | 1.48 | 38.15 | 2.44 | 21.81 | 20.42 | 4.61 | 6.58 | 7.31 | -2.66 | 26.91 | 4.96 | -1.39 | 570.27 | 18.17 | 0.0 | 0.0 | 18.73 | 13.93 | 29.98 | 0 | 0 | 0 | 46.93 | 16.68 | 19.11 | 65.66 | 15.88 | 22.02 | 4.74 | -46.14 | -21.39 | 51.67 | 5.41 | 13.74 | 0.02 | -9.9 | 575.49 |
| 22Q1 (10) | 36.5 | -2.72 | 23.64 | 13.96 | -3.92 | 79.43 | 0.81 | -20.59 | 22.73 | 0 | 0 | 0 | 125.83 | 6.94 | 31.99 | 6.6 | 4.27 | 45.37 | 73.59 | 4.25 | 24.75 | 16.10 | -2.7 | 0.72 | 37.24 | 11.63 | 20.01 | 19.52 | -3.03 | 4.66 | 7.51 | 0.4 | 48.13 | 5.03 | -2.52 | 798.21 | 18.17 | 0.0 | 0.0 | 16.44 | 0.0 | 14.09 | 0 | 0 | 0 | 40.22 | -18.93 | 20.89 | 56.66 | -14.22 | 18.83 | 8.8 | 6.02 | 36.43 | 49.02 | -15.35 | 23.41 | 0.03 | 14.8 | 554.82 |
| 21Q4 (9) | 37.52 | 1.13 | 11.27 | 14.53 | -12.15 | 4.16 | 1.02 | 32.47 | 54.55 | 0 | 0 | 0 | 117.66 | 7.07 | 31.63 | 6.33 | 6.57 | 15.51 | 70.59 | 1.16 | 24.3 | 16.54 | -5.54 | 5.36 | 33.36 | 12.44 | 4.38 | 20.13 | 5.34 | 2.23 | 7.48 | -2.35 | 43.02 | 5.16 | 6.83 | 892.31 | 18.17 | 0.0 | 0.0 | 16.44 | 0.0 | 14.09 | 0 | 0 | 0 | 49.61 | 14.55 | 14.68 | 66.05 | 10.56 | 14.53 | 8.3 | 46.64 | 27.89 | 57.91 | 18.26 | 16.4 | 0.02 | 4.0 | 1575.68 |
| 21Q3 (8) | 37.1 | 19.83 | 26.23 | 16.54 | 548.63 | -3.89 | 0.77 | 22.22 | 26.23 | 0 | 0 | 0 | 109.89 | 5.86 | 21.18 | 5.94 | -3.1 | 13.79 | 69.78 | 6.29 | 20.98 | 17.51 | 1.17 | 9.45 | 29.67 | -5.27 | 5.36 | 19.11 | -0.26 | 12.74 | 7.66 | 32.99 | 65.8 | 4.83 | 552.7 | 544.0 | 18.17 | 0.0 | 0.0 | 16.44 | 14.09 | 14.09 | 0 | 0 | 0 | 43.31 | 9.92 | 13.5 | 59.74 | 11.02 | 13.66 | 5.66 | -6.14 | 18.16 | 48.97 | 7.79 | 14.02 | 0.02 | 527.99 | 1407.79 |
| 21Q2 (7) | 30.96 | 4.88 | -9.82 | 2.55 | -67.22 | -63.1 | 0.63 | -4.55 | 1.61 | 0 | 0 | 0 | 103.81 | 8.9 | 10.77 | 6.13 | 35.02 | 12.89 | 65.65 | 11.29 | 8.3 | 17.31 | 8.33 | 0 | 31.32 | 0.93 | 4.75 | 19.16 | 2.73 | 19.82 | 5.76 | 13.61 | 20.75 | 0.74 | 32.14 | 0 | 18.17 | 0.0 | 0.0 | 14.41 | 0.0 | 0 | 0 | 0 | 0 | 39.4 | 18.43 | 0 | 53.81 | 12.86 | 13.64 | 6.03 | -6.51 | 69.86 | 45.43 | 14.38 | 1179.72 | 0.00 | -12.66 | 110.44 |
| 21Q1 (6) | 29.52 | -12.46 | -0.27 | 7.78 | -44.23 | 11.3 | 0.66 | 0.0 | 6.45 | 0 | 0 | 0 | 95.33 | 6.65 | 8.45 | 4.54 | -17.15 | -0.44 | 58.99 | 3.87 | 4.63 | 15.98 | 1.78 | 0 | 31.03 | -2.91 | 8.46 | 18.65 | -5.28 | 7.55 | 5.07 | -3.06 | 2.84 | 0.56 | 7.69 | 0 | 18.17 | 0.0 | 0.0 | 14.41 | 0.0 | 13.64 | 0 | 0 | 0 | 33.27 | -23.09 | 13.78 | 47.68 | -17.32 | 13.74 | 6.45 | -0.62 | 229.08 | 39.72 | -20.16 | 27.31 | 0.00 | 193.77 | 97.99 |
| 20Q4 (5) | 33.72 | 14.73 | 7.59 | 13.95 | -18.94 | 34.39 | 0.66 | 8.2 | 6.45 | 0 | 0 | 0 | 89.39 | -1.42 | 1.41 | 5.48 | 4.98 | 36.32 | 56.79 | -1.54 | 9.38 | 15.70 | -1.88 | 0 | 31.96 | 13.49 | -3.24 | 19.69 | 16.17 | 18.97 | 5.23 | 13.2 | 2.75 | 0.52 | -30.67 | 0 | 18.17 | 0.0 | 0.0 | 14.41 | 0.0 | 13.64 | 0 | 0 | 0 | 43.26 | 13.36 | 18.55 | 57.67 | 9.72 | 17.29 | 6.49 | 35.49 | 48.51 | 49.75 | 15.83 | 21.76 | 0.00 | -6.42 | -28.93 |
| 20Q3 (4) | 29.39 | -14.39 | 0.0 | 17.21 | 149.06 | 0.0 | 0.61 | -1.61 | 0.0 | 0 | 0 | 0.0 | 90.68 | -3.24 | 0.0 | 5.22 | -3.87 | 0.0 | 57.68 | -4.85 | 0.0 | 16.00 | 0 | 0.0 | 28.16 | -5.82 | 0.0 | 16.95 | 6.0 | 0.0 | 4.62 | -3.14 | 0.0 | 0.75 | 0 | 0.0 | 18.17 | 0.0 | 0.0 | 14.41 | 0 | 0.0 | 0 | 0 | 0.0 | 38.16 | 0 | 0.0 | 52.56 | 11.0 | 0.0 | 4.79 | 34.93 | 0.0 | 42.95 | 1109.86 | 0.0 | 0.00 | -12.35 | 0.0 |
