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) | 186.93 | -14.94 | 120.76 | 10.76 | 0 | 0 | 0 | 0 | 429.76 | -9.88 | 26.8 | -16.48 | 115.01 | -21.03 | 26.76 | -12.37 | 71.95 | -11.15 | 46.69 | -14.36 | 76.53 | -4.67 | 7.19 | -0.14 | 52.84 | 0.0 | 25.4 | 14.57 | 10.09 | 0.0 | 143.49 | 8.23 | 178.98 | 8.58 | 32.15 | 115.48 | 175.64 | 19.08 | 0.31 | -0.3 |
| 2022 (9) | 219.75 | 63.86 | 109.03 | 3.71 | 5.0 | -54.09 | 0 | 0 | 476.88 | -16.34 | 32.09 | -13.85 | 145.63 | -18.27 | 30.54 | -2.31 | 80.98 | -16.85 | 54.52 | 11.95 | 80.28 | 5.59 | 7.2 | 0.56 | 52.84 | 0.0 | 22.17 | 20.23 | 10.09 | 0.0 | 132.58 | 14.62 | 164.84 | 14.31 | 14.92 | -66.82 | 147.5 | -8.18 | 0.31 | 8.05 |
| 2021 (8) | 134.11 | 18.0 | 105.13 | 61.47 | 10.89 | 286.17 | 0 | 0 | 570.0 | 24.72 | 37.25 | 17.73 | 178.18 | 10.73 | 31.26 | -11.21 | 97.39 | -3.66 | 48.7 | 0.12 | 76.03 | -28.08 | 7.16 | 0.42 | 52.84 | 0.0 | 18.44 | 20.76 | 10.09 | -1.56 | 115.67 | 23.79 | 144.2 | 21.23 | 44.97 | -38.22 | 160.64 | -3.36 | 0.29 | 5.51 |
| 2020 (7) | 113.65 | -0.71 | 65.11 | -10.14 | 2.82 | -92.25 | 0 | 0 | 457.04 | 5.94 | 31.64 | 12.32 | 160.91 | 11.87 | 35.21 | 5.6 | 101.09 | 16.5 | 48.64 | 4.09 | 105.71 | 6.29 | 7.13 | -0.56 | 52.84 | 7.53 | 15.27 | 22.65 | 10.25 | 0.0 | 93.44 | 27.39 | 118.95 | 23.85 | 72.79 | -2.7 | 166.23 | 12.2 | 0.27 | -6.31 |
| 2019 (6) | 114.46 | 51.88 | 72.46 | -19.92 | 36.4 | 369.68 | 0 | 0 | 431.42 | -1.43 | 28.17 | 76.61 | 143.84 | -6.83 | 33.34 | -5.47 | 86.77 | 75.58 | 46.73 | 445.91 | 99.45 | -11.28 | 7.17 | -4.91 | 49.14 | 9.1 | 12.45 | 14.75 | 10.25 | 0.0 | 73.35 | 36.54 | 96.04 | 28.36 | 74.81 | 63.27 | 148.16 | 48.84 | 0.29 | -8.84 |
| 2018 (5) | 75.36 | -5.05 | 90.48 | -4.72 | 7.75 | 23.02 | 0 | 0 | 437.69 | 10.45 | 15.95 | 86.33 | 154.38 | 9.34 | 35.27 | -1.0 | 49.42 | 7.48 | 8.56 | 1.9 | 112.09 | 6.55 | 7.54 | -1.31 | 45.04 | 0.0 | 10.85 | 8.5 | 10.25 | 0.0 | 53.72 | 27.6 | 74.82 | 20.02 | 45.82 | 71.42 | 99.54 | 44.62 | 0.32 | -4.45 |
| 2017 (4) | 79.37 | -16.31 | 94.96 | -5.95 | 6.3 | -59.95 | 0 | 0 | 396.29 | 0.54 | 8.56 | -9.42 | 141.19 | 13.2 | 35.63 | 12.59 | 45.98 | 0.24 | 8.4 | 10.09 | 105.2 | 10.16 | 7.64 | -3.29 | 45.04 | 0.0 | 10.0 | 10.5 | 10.25 | 0.0 | 42.1 | 12.96 | 62.34 | 10.2 | 26.73 | 2265.49 | 68.83 | 79.24 | 0.34 | -12.88 |
| 2016 (3) | 94.84 | -4.54 | 100.97 | -6.3 | 15.73 | -7.63 | 0 | 0 | 394.15 | -2.48 | 9.45 | 158.9 | 124.73 | 5.12 | 31.65 | 7.8 | 45.87 | 7.22 | 7.63 | 9.94 | 95.5 | -18.35 | 7.9 | -1.99 | 45.04 | -1.1 | 9.05 | 4.14 | 10.25 | 0.0 | 37.27 | 27.81 | 56.57 | 17.63 | 1.13 | -86.61 | 38.4 | 2.13 | 0.39 | -0.57 |
| 2015 (2) | 99.35 | 23.08 | 107.76 | -20.09 | 17.03 | -15.32 | 0 | 0 | 404.17 | -16.94 | 3.65 | -48.3 | 118.65 | -18.6 | 29.36 | -1.99 | 42.78 | 0.21 | 6.94 | -1.56 | 116.96 | -3.8 | 8.06 | -11.72 | 45.54 | 0.0 | 8.69 | 8.9 | 10.25 | 0.0 | 29.16 | 0.76 | 48.09 | 1.97 | 8.44 | 13.44 | 37.6 | 3.35 | 0.39 | -1.03 |
| 2014 (1) | 80.72 | -42.98 | 134.85 | 17.1 | 20.11 | 4.2 | 0 | 0 | 486.62 | -4.6 | 7.06 | 0 | 145.76 | 4.53 | 29.95 | 9.57 | 42.69 | -9.92 | 7.05 | 27.26 | 121.58 | -11.71 | 9.13 | 1.11 | 45.54 | -0.55 | 7.98 | 0.0 | 10.25 | 0.0 | 28.94 | 32.81 | 47.16 | 17.84 | 7.44 | 978.26 | 36.38 | 61.83 | 0.39 | 5.61 |
| 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) | 209.2 | 3.98 | -9.25 | 188.21 | 35.13 | 49.81 | 9.44 | 680.17 | 0 | 0 | 0 | 0 | 118.08 | 13.53 | 0.35 | 7.83 | -15.44 | -24.13 | 129.03 | 11.81 | -7.95 | 31.06 | 11.7 | -2.46 | 76.27 | -2.03 | 0.08 | 50.47 | -6.52 | 3.83 | 69.92 | 9.83 | -15.56 | 7.26 | 0.55 | 0.69 | 48.62 | -7.99 | -7.99 | 28.08 | 0.0 | 10.55 | 10.09 | 0.0 | 0.0 | 154.7 | 5.33 | 9.72 | 192.87 | 4.23 | 9.28 | 36.61 | -16.42 | 10.5 | 191.31 | 0.34 | 9.87 | 0.32 | 2.02 | 1.75 |
| 24Q2 (19) | 201.2 | -6.15 | -11.72 | 139.28 | 12.39 | 31.87 | 1.21 | -86.36 | -75.8 | 0 | 0 | 0 | 104.01 | 12.49 | -3.64 | 9.26 | 76.05 | 16.04 | 115.4 | 5.93 | -8.34 | 27.81 | 6.93 | -0.58 | 77.85 | 3.41 | 6.44 | 53.99 | 8.96 | 3.55 | 63.66 | -10.46 | -24.42 | 7.22 | 0.14 | 0.7 | 52.84 | 0.0 | 0.0 | 28.08 | 10.55 | 10.55 | 10.09 | 0.0 | 0.0 | 146.87 | -1.26 | 12.38 | 185.04 | 0.43 | 11.35 | 43.8 | 14.15 | 123.36 | 190.67 | 1.9 | 26.86 | 0.31 | -2.12 | 0.71 |
| 24Q1 (18) | 214.39 | 14.69 | -5.5 | 123.93 | 2.63 | 3.12 | 8.87 | 0 | 0 | 0 | 0 | 0 | 92.46 | -8.32 | -10.49 | 5.26 | 112.96 | -12.77 | 108.94 | -5.28 | -11.62 | 26.00 | -2.83 | -3.36 | 75.28 | 4.63 | -0.25 | 49.55 | 6.13 | -6.76 | 71.1 | -7.1 | -5.55 | 7.21 | 0.28 | 0.7 | 52.84 | 0.0 | 0.0 | 25.4 | 0.0 | 14.57 | 10.09 | 0.0 | 0.0 | 148.75 | 3.67 | 7.32 | 184.24 | 2.94 | 7.82 | 38.37 | 19.35 | 64.47 | 187.12 | 6.54 | 15.55 | 0.32 | 2.27 | 4.3 |
| 23Q4 (17) | 186.93 | -18.91 | -14.94 | 120.76 | -3.88 | 10.76 | 0 | 0 | -100.0 | 0 | 0 | 0 | 100.85 | -14.29 | -9.36 | 2.47 | -76.07 | -46.3 | 115.01 | -17.96 | -21.03 | 26.76 | -15.97 | -12.37 | 71.95 | -5.59 | -11.15 | 46.69 | -3.95 | -14.36 | 76.53 | -7.57 | -4.67 | 7.19 | -0.28 | -0.14 | 52.84 | 0.0 | 0.0 | 25.4 | 0.0 | 14.57 | 10.09 | 0.0 | 0.0 | 143.49 | 1.77 | 8.23 | 178.98 | 1.41 | 8.58 | 32.15 | -2.96 | 115.48 | 175.64 | 0.87 | 19.08 | 0.31 | -0.37 | -0.3 |
| 23Q3 (16) | 230.52 | 1.14 | 19.55 | 125.63 | 18.95 | 2.92 | 0 | -100.0 | 0 | 0 | 0 | 0 | 117.67 | 9.01 | -7.8 | 10.32 | 29.32 | -24.06 | 140.18 | 11.34 | -19.73 | 31.85 | 13.86 | -7.96 | 76.21 | 4.2 | -7.49 | 48.61 | -6.77 | -10.68 | 82.8 | -1.7 | 7.2 | 7.21 | 0.56 | -0.83 | 52.84 | 0.0 | 0.0 | 25.4 | 0.0 | 14.57 | 10.09 | 0.0 | 0.0 | 141.0 | 7.89 | 10.33 | 176.49 | 6.2 | 10.26 | 33.13 | 68.94 | 86.33 | 174.13 | 15.85 | 19.61 | 0.31 | 0.98 | -0.73 |
| 23Q2 (15) | 227.92 | 0.47 | 33.86 | 105.62 | -12.12 | -3.47 | 5.0 | 0 | -13.04 | 0 | 0 | 0 | 107.94 | 4.49 | -6.86 | 7.98 | 32.34 | 12.39 | 125.9 | 2.13 | -19.48 | 27.97 | 3.94 | -1.47 | 73.14 | -3.09 | -18.43 | 52.14 | -1.88 | 8.08 | 84.23 | 11.89 | 16.66 | 7.17 | 0.14 | -0.28 | 52.84 | 0.0 | 0.0 | 25.4 | 14.57 | 14.57 | 10.09 | 0.0 | 0.0 | 130.69 | -5.71 | 14.43 | 166.18 | -2.74 | 13.45 | 19.61 | -15.95 | 10.79 | 150.3 | -7.19 | 13.94 | 0.31 | 1.37 | 0.05 |
| 23Q1 (14) | 226.86 | 3.24 | 49.0 | 120.18 | 10.23 | 3.69 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 103.3 | -7.16 | -15.4 | 6.03 | 31.09 | -11.32 | 123.27 | -15.35 | -26.75 | 26.91 | -11.88 | -9.07 | 75.47 | -6.8 | -23.13 | 53.14 | -2.53 | 8.07 | 75.28 | -6.23 | 3.42 | 7.16 | -0.56 | -0.42 | 52.84 | 0.0 | 0.0 | 22.17 | 0.0 | 20.23 | 10.09 | 0.0 | 0.0 | 138.61 | 4.55 | 13.18 | 170.87 | 3.66 | 13.16 | 23.33 | 56.37 | -46.5 | 161.94 | 9.79 | -2.49 | 0.31 | -2.24 | 4.0 |
| 22Q4 (13) | 219.75 | 13.97 | 63.86 | 109.03 | -10.68 | 3.71 | 5.0 | 0 | -54.09 | 0 | 0 | 0 | 111.27 | -12.81 | -20.03 | 4.6 | -66.15 | -42.5 | 145.63 | -16.61 | -18.27 | 30.54 | -11.74 | -2.31 | 80.98 | -1.7 | -16.85 | 54.52 | 0.18 | 11.95 | 80.28 | 3.94 | 5.59 | 7.2 | -0.96 | 0.56 | 52.84 | 0.0 | 0.0 | 22.17 | 0.0 | 20.23 | 10.09 | 0.0 | 0.0 | 132.58 | 3.74 | 14.62 | 164.84 | 2.99 | 14.31 | 14.92 | -16.09 | -66.82 | 147.5 | 1.32 | -8.18 | 0.31 | -0.8 | 8.05 |
| 22Q3 (12) | 192.82 | 13.24 | 44.45 | 122.07 | 11.56 | 31.44 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 127.62 | 10.12 | -26.51 | 13.59 | 91.41 | -3.75 | 174.64 | 11.7 | -2.39 | 34.60 | 21.88 | 7.96 | 82.38 | -8.12 | -21.08 | 54.42 | 12.81 | 12.93 | 77.24 | 6.98 | -1.37 | 7.27 | 1.11 | 1.82 | 52.84 | 0.0 | 0.0 | 22.17 | 0.0 | 20.23 | 10.09 | 0.0 | -1.56 | 127.8 | 11.9 | 18.77 | 160.06 | 9.27 | 17.45 | 17.78 | 0.45 | -51.55 | 145.58 | 10.36 | 0.89 | 0.32 | 1.78 | 8.54 |
| 22Q2 (11) | 170.27 | 11.83 | 24.94 | 109.42 | -5.59 | 34.99 | 5.75 | -4.17 | 18.31 | 0 | 0 | 0 | 115.89 | -5.09 | -13.35 | 7.1 | 4.41 | -3.27 | 156.35 | -7.09 | -6.21 | 28.39 | -4.08 | -13.05 | 89.66 | -8.68 | -25.85 | 48.24 | -1.89 | -1.71 | 72.2 | -0.81 | -27.06 | 7.19 | 0.0 | 0.98 | 52.84 | 0.0 | 0.0 | 22.17 | 20.23 | 20.23 | 10.09 | 0.0 | -1.56 | 114.21 | -6.74 | 22.18 | 146.48 | -2.99 | 19.9 | 17.7 | -59.41 | -74.88 | 131.91 | -20.57 | -19.54 | 0.31 | 5.37 | 11.74 |
| 22Q1 (10) | 152.26 | 13.53 | 22.8 | 115.9 | 10.24 | 59.51 | 6.0 | -44.9 | 127.27 | 0 | 0 | 0 | 122.1 | -12.25 | -1.1 | 6.8 | -15.0 | -12.71 | 168.29 | -5.55 | 2.45 | 29.60 | -5.32 | -11.0 | 98.18 | 0.81 | -8.19 | 49.17 | 0.97 | -0.87 | 72.79 | -4.26 | -28.3 | 7.19 | 0.42 | 1.13 | 52.84 | 0.0 | 0.0 | 18.44 | 0.0 | 20.76 | 10.09 | 0.0 | -1.56 | 122.47 | 5.88 | 21.33 | 151.0 | 4.72 | 19.41 | 43.61 | -3.02 | -46.52 | 166.08 | 3.39 | -8.99 | 0.29 | 1.56 | 7.45 |
| 21Q4 (9) | 134.11 | 0.46 | 18.0 | 105.13 | 13.2 | 61.47 | 10.89 | -56.91 | 286.17 | 0 | 0 | 0 | 139.14 | -19.87 | 9.24 | 8.0 | -43.34 | -7.94 | 178.18 | -0.41 | 10.73 | 31.26 | -2.46 | -11.21 | 97.39 | -6.7 | -3.66 | 48.7 | 1.06 | 0.12 | 76.03 | -2.91 | -28.08 | 7.16 | 0.28 | 0.42 | 52.84 | 0.0 | 0.0 | 18.44 | 0.0 | 20.76 | 10.09 | -1.56 | -1.56 | 115.67 | 7.5 | 23.79 | 144.2 | 5.81 | 21.23 | 44.97 | 22.53 | -38.22 | 160.64 | 11.32 | -3.36 | 0.29 | -0.35 | 5.51 |
| 21Q3 (8) | 133.49 | -2.05 | 17.84 | 92.87 | 14.57 | 12.73 | 25.27 | 419.96 | 25.97 | 0 | 0 | 0 | 173.65 | 29.83 | 37.73 | 14.12 | 92.37 | 13.96 | 178.91 | 7.32 | 11.51 | 32.05 | -1.83 | -12.11 | 104.38 | -13.67 | 4.27 | 48.19 | -1.81 | 2.68 | 78.31 | -20.89 | -12.24 | 7.14 | 0.28 | 0.28 | 52.84 | 0.0 | 0.0 | 18.44 | 0.0 | 20.76 | 10.25 | 0.0 | 0.0 | 107.6 | 15.1 | 27.16 | 136.28 | 11.55 | 23.74 | 36.7 | -47.91 | 2.74 | 144.3 | -11.98 | 19.91 | 0.29 | 4.78 | -0.4 |
| 21Q2 (7) | 136.28 | 9.91 | 29.7 | 81.06 | 11.56 | 14.8 | 4.86 | 84.09 | -76.35 | 0 | 0 | 0 | 133.75 | 8.33 | 14.28 | 7.34 | -5.78 | -13.85 | 166.71 | 1.49 | 14.61 | 32.65 | -1.83 | 0 | 120.91 | 13.06 | 24.32 | 49.08 | -1.05 | 7.21 | 98.99 | -2.49 | -0.95 | 7.12 | 0.14 | -0.42 | 52.84 | 0.0 | 0.0 | 18.44 | 20.76 | 20.76 | 10.25 | 0.0 | 0.0 | 93.48 | -7.39 | 29.42 | 122.17 | -3.38 | 24.99 | 70.46 | -13.6 | 63.97 | 163.94 | -10.16 | 42.31 | 0.28 | 1.32 | -5.94 |
| 21Q1 (6) | 123.99 | 9.1 | 7.48 | 72.66 | 11.6 | -9.51 | 2.64 | -6.38 | -91.0 | 0 | 0 | 0 | 123.46 | -3.07 | 42.65 | 7.79 | -10.36 | 281.86 | 164.26 | 2.08 | 32.19 | 33.25 | -5.55 | 0 | 106.94 | 5.79 | 15.7 | 49.6 | 1.97 | 10.54 | 101.52 | -3.96 | -1.84 | 7.11 | -0.28 | -0.7 | 52.84 | 0.0 | 7.53 | 15.27 | 0.0 | 22.65 | 10.25 | 0.0 | 0.0 | 100.94 | 8.03 | 33.93 | 126.45 | 6.31 | 28.94 | 81.55 | 12.03 | 114.77 | 182.49 | 9.78 | 61.01 | 0.27 | -0.26 | -11.8 |
| 20Q4 (5) | 113.65 | 0.33 | -0.71 | 65.11 | -20.96 | -10.14 | 2.82 | -85.94 | -92.25 | 0 | 0 | 0 | 127.37 | 1.02 | 15.46 | 8.69 | -29.86 | 41.53 | 160.91 | 0.29 | 11.87 | 35.21 | -3.45 | 0 | 101.09 | 0.98 | 16.5 | 48.64 | 3.64 | 4.09 | 105.71 | 18.47 | 6.29 | 7.13 | 0.14 | -0.56 | 52.84 | 0.0 | 7.53 | 15.27 | 0.0 | 22.65 | 10.25 | 0.0 | 0.0 | 93.44 | 10.42 | 27.39 | 118.95 | 8.01 | 23.85 | 72.79 | 103.78 | -2.7 | 166.23 | 38.13 | 12.2 | 0.27 | -5.94 | -6.31 |
| 20Q3 (4) | 113.28 | 7.81 | 0.0 | 82.38 | 16.67 | 0.0 | 20.06 | -2.38 | 0.0 | 0 | 0 | 0.0 | 126.08 | 7.72 | 0.0 | 12.39 | 45.42 | 0.0 | 160.44 | 10.3 | 0.0 | 36.46 | 0 | 0.0 | 100.11 | 2.93 | 0.0 | 46.93 | 2.51 | 0.0 | 89.23 | -10.72 | 0.0 | 7.12 | -0.42 | 0.0 | 52.84 | 0.0 | 0.0 | 15.27 | 0.0 | 0.0 | 10.25 | 0.0 | 0.0 | 84.62 | 17.15 | 0.0 | 110.13 | 12.68 | 0.0 | 35.72 | -16.87 | 0.0 | 120.34 | 4.46 | 0.0 | 0.29 | -1.05 | 0.0 |
