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) | 17.35 | 28.33 | 132.59 | -3.03 | 0 | 0 | 0 | 0 | 97.98 | 12.57 | 18.36 | -35.62 | 3.01 | 29.18 | 3.07 | 14.76 | 413.64 | -2.42 | 0.62 | 0.0 | 0 | 0 | 0 | 0 | 29.03 | 0.0 | 43.48 | 7.01 | 0.01 | -96.55 | 113.37 | -0.16 | 156.86 | 1.55 | -0.01 | 0 | 113.36 | -0.16 | 0.01 | -1.19 |
| 2022 (9) | 13.52 | -16.02 | 136.73 | 10.96 | 0 | 0 | 0 | 0 | 87.04 | 79.5 | 28.52 | 122.81 | 2.33 | 28.02 | 2.68 | -28.68 | 423.88 | 14.36 | 0.62 | -67.02 | 0 | 0 | 0 | 0 | 29.03 | 0.0 | 40.63 | 0.0 | 0.29 | -27.5 | 113.55 | 16.46 | 154.47 | 11.5 | -0.01 | 0 | 113.54 | 16.8 | 0.01 | -8.15 |
| 2021 (8) | 16.1 | -9.85 | 123.22 | 38.92 | 0 | 0 | 0 | 0 | 48.49 | -47.28 | 12.8 | -51.15 | 1.82 | -12.92 | 3.75 | 65.18 | 370.64 | 28.81 | 1.88 | -40.69 | 0 | 0 | 0 | 0 | 29.03 | 0.0 | 40.63 | 7.86 | 0.4 | 0 | 97.5 | -4.95 | 138.54 | -1.22 | -0.29 | 0 | 97.21 | -4.86 | 0.01 | 0.88 |
| 2020 (7) | 17.86 | 35.1 | 88.7 | 69.83 | 0 | 0 | 0 | 0 | 91.98 | -4.37 | 26.2 | -17.4 | 2.09 | -58.86 | 2.27 | -56.98 | 287.74 | 11.64 | 3.17 | 18.73 | 0 | 0 | 0 | 0 | 29.03 | 0.0 | 37.67 | 9.19 | 0 | 0 | 102.58 | 4.84 | 140.25 | 5.97 | -0.4 | 0 | 102.18 | 4.5 | 0.01 | -4.67 |
| 2019 (6) | 13.22 | -21.59 | 52.23 | 13.87 | 0.53 | 0.0 | 0 | 0 | 96.18 | -20.55 | 31.72 | -23.84 | 5.08 | -40.79 | 5.28 | -25.48 | 257.75 | 13.36 | 2.67 | 20.81 | 7.73 | -6.53 | 0 | 0 | 29.03 | 0.0 | 34.5 | 13.71 | 0 | 0 | 97.84 | 7.98 | 132.35 | 9.43 | -0.06 | 0 | 97.78 | 7.91 | 0.01 | -6.41 |
| 2018 (5) | 16.86 | 65.46 | 45.87 | -32.72 | 0.53 | 0 | 0 | 0 | 121.06 | 73.61 | 41.65 | 36.92 | 8.58 | -66.89 | 7.09 | -80.93 | 227.38 | -5.48 | 2.21 | -67.16 | 8.27 | -65.28 | 0 | 0 | 29.03 | 0.0 | 30.34 | 11.18 | 0 | 0 | 90.61 | 35.95 | 120.95 | 28.75 | 0 | 0 | 90.61 | 35.95 | 0.01 | -16.33 |
| 2017 (4) | 10.19 | 56.77 | 68.18 | -9.09 | 0 | 0 | 0 | 0 | 69.73 | 31.62 | 30.42 | 9.42 | 25.91 | 590.93 | 37.16 | 424.96 | 240.57 | -0.8 | 6.73 | -56.36 | 23.82 | -2.78 | 0 | 0 | 29.03 | 0.0 | 27.29 | 11.34 | 0 | 0 | 66.65 | 18.13 | 93.94 | 16.06 | 0 | 0 | 66.65 | 18.13 | 0.01 | 71.87 |
| 2016 (3) | 6.5 | -71.98 | 75.0 | -34.99 | 0 | 0 | 0 | 0 | 52.98 | 70.03 | 27.8 | 314.31 | 3.75 | 4.75 | 7.08 | -38.39 | 242.52 | 0.47 | 15.42 | 3486.05 | 24.5 | 0 | 0 | 0 | 29.03 | 5.83 | 24.51 | 2.81 | 0 | 0 | 56.42 | 59.69 | 80.94 | 36.79 | 0 | 0 | 56.42 | 59.69 | 0.01 | 72.68 |
| 2015 (2) | 23.2 | 89.39 | 115.37 | -1.8 | 6.94 | 0 | 0 | 0 | 31.16 | -40.18 | 6.71 | -64.42 | 3.58 | 114.37 | 11.49 | 258.36 | 241.38 | 0.25 | 0.43 | 65.38 | 0 | 0 | 0 | 0 | 27.43 | 4.98 | 23.84 | 8.56 | 0 | 0 | 35.33 | -16.42 | 59.17 | -7.86 | 0 | 0 | 35.33 | -16.42 | 0.00 | 3.82 |
| 2014 (1) | 12.25 | 145.0 | 117.48 | 11.24 | 0 | 0 | 0 | 0 | 52.09 | -36.73 | 18.86 | -62.75 | 1.67 | 165.08 | 3.21 | 318.97 | 240.79 | 9.48 | 0.26 | -35.0 | 6.83 | 1.79 | 0 | 0 | 26.13 | 5.02 | 21.96 | 26.06 | 0 | 0 | 42.27 | -6.81 | 64.22 | 2.29 | 0 | 0 | 42.27 | -6.81 | 0.00 | -2.64 |
| 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) | 14.59 | -15.96 | -49.36 | 161.03 | 14.95 | 7.66 | 0 | 0 | 0 | 0 | 0 | 0 | 24.96 | 15.56 | 38.59 | 3.31 | -11.02 | 0.0 | 4.89 | 91.02 | 45.97 | 4.06 | 79.99 | -32.16 | 443.23 | 5.45 | -1.17 | 0.61 | -1.61 | -1.61 | 0 | 0 | 0 | 0 | 0 | 0 | 29.03 | 0.0 | 0.0 | 45.32 | 0.0 | 4.23 | 0.01 | 0.0 | 0.0 | 103.47 | 3.3 | 3.67 | 148.79 | 2.28 | 3.83 | -0.01 | 0.0 | 0.0 | 103.46 | 3.31 | 3.67 | 0.01 | -1.71 | -2.84 |
| 24Q2 (19) | 17.36 | 20.06 | 67.57 | 140.09 | 4.09 | -9.75 | 0 | 0 | 0 | 0 | 0 | 0 | 21.6 | 297.06 | 319.42 | 3.72 | 327.59 | 7340.0 | 2.56 | 51.48 | 38.38 | 2.26 | 29.51 | -41.88 | 420.31 | 0.73 | -4.99 | 0.62 | -1.59 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 29.03 | 0.0 | 0.0 | 45.32 | 4.23 | 4.23 | 0.01 | 0.0 | 0.0 | 100.16 | -12.32 | 3.79 | 145.48 | -7.77 | 3.92 | -0.01 | 0.0 | 0.0 | 100.15 | -12.33 | 3.79 | 0.01 | 6.45 | -2.89 |
| 24Q1 (18) | 14.46 | -16.66 | 62.65 | 134.59 | 1.51 | -9.67 | 0 | 0 | 0 | 0 | 0 | 0 | 5.44 | -92.04 | -15.79 | 0.87 | -93.58 | -39.58 | 1.69 | -43.85 | 14.97 | 1.74 | -43.26 | -32.07 | 417.27 | 0.88 | -3.3 | 0.63 | 1.61 | 1.61 | 0 | 0 | 0 | 0 | 0 | 0 | 29.03 | 0.0 | 0.0 | 43.48 | 0.0 | 7.01 | 0.01 | 0.0 | -96.55 | 114.24 | 0.77 | -0.65 | 157.73 | 0.55 | 1.17 | -0.01 | 0.0 | 0.0 | 114.23 | 0.77 | -0.65 | 0.01 | -0.43 | -0.9 |
| 23Q4 (17) | 17.35 | -39.78 | 28.33 | 132.59 | -11.35 | -3.03 | 0 | 0 | 0 | 0 | 0 | 0 | 68.36 | 279.57 | 159.73 | 13.56 | 309.67 | 54.27 | 3.01 | -10.15 | 29.18 | 3.07 | -48.7 | 14.77 | 413.64 | -7.77 | -2.42 | 0.62 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 29.03 | 0.0 | 0.0 | 43.48 | 0.0 | 7.01 | 0.01 | 0.0 | -96.55 | 113.37 | 13.59 | -0.16 | 156.86 | 9.46 | 1.55 | -0.01 | 0.0 | 0.0 | 113.36 | 13.59 | -0.16 | 0.01 | -6.74 | -1.19 |
| 23Q3 (16) | 28.81 | 178.09 | 227.76 | 149.57 | -3.65 | 20.79 | 0 | 0 | 0 | 0 | 0 | 0 | 18.01 | 249.71 | 85.67 | 3.31 | 6520.0 | 14.93 | 3.35 | 81.08 | 28.85 | 5.99 | 54.18 | 120.77 | 448.49 | 1.38 | 10.19 | 0.62 | 0.0 | -16.22 | 0 | 0 | 0 | 0 | 0 | 0 | 29.03 | 0.0 | 0.0 | 43.48 | 0.0 | 7.01 | 0.01 | 0.0 | -96.55 | 99.81 | 3.43 | -4.72 | 143.3 | 2.36 | -1.63 | -0.01 | 0.0 | 0.0 | 99.8 | 3.43 | -4.72 | 0.01 | -1.76 | 1.26 |
| 23Q2 (15) | 10.36 | 16.54 | -4.52 | 155.23 | 4.18 | 42.37 | 0 | 0 | 0 | 0 | 0 | 0 | 5.15 | -20.28 | -65.23 | 0.05 | -96.53 | -98.84 | 1.85 | 25.85 | 45.67 | 3.88 | 51.37 | 175.31 | 442.38 | 2.51 | 14.21 | 0.62 | 0.0 | -16.22 | 0 | 0 | 0 | 0 | 0 | 0 | 29.03 | 0.0 | 0.0 | 43.48 | 7.01 | 7.01 | 0.01 | -96.55 | -96.55 | 96.5 | -16.08 | -5.27 | 139.99 | -10.21 | -1.96 | -0.01 | 0.0 | 0.0 | 96.49 | -16.08 | -5.27 | 0.01 | 8.63 | 1.52 |
| 23Q1 (14) | 8.89 | -34.25 | -42.83 | 149.0 | 8.97 | 40.21 | 0 | 0 | 0 | 0 | 0 | 0 | 6.46 | -75.46 | -82.16 | 1.44 | -83.62 | -88.51 | 1.47 | -36.91 | -37.97 | 2.57 | -4.14 | -15.77 | 431.53 | 1.8 | 18.31 | 0.62 | 0.0 | -67.02 | 0 | 0 | 0 | 0 | 0 | 0 | 29.03 | 0.0 | 0.0 | 40.63 | 0.0 | 0.0 | 0.29 | 0.0 | -27.5 | 114.99 | 1.27 | 4.31 | 155.91 | 0.93 | 3.07 | -0.01 | 0.0 | 0.0 | 114.98 | 1.27 | 4.31 | 0.01 | -0.72 | -2.32 |
| 22Q4 (13) | 13.52 | 53.81 | -16.02 | 136.73 | 10.42 | 10.96 | 0 | 0 | 0 | 0 | 0 | 0 | 26.32 | 171.34 | -25.06 | 8.79 | 205.21 | -16.76 | 2.33 | -10.38 | 28.02 | 2.68 | -1.33 | -28.67 | 423.88 | 4.15 | 14.36 | 0.62 | -16.22 | -67.02 | 0 | 0 | 0 | 0 | 0 | 0 | 29.03 | 0.0 | 0.0 | 40.63 | 0.0 | 0.0 | 0.29 | 0.0 | -27.5 | 113.55 | 8.4 | 16.46 | 154.47 | 6.04 | 11.5 | -0.01 | 0.0 | 96.55 | 113.54 | 8.4 | 16.8 | 0.01 | -4.42 | -8.15 |
| 22Q3 (12) | 8.79 | -18.99 | -1.57 | 123.83 | 13.57 | 8.57 | 0 | 0 | 0 | 0 | 0 | 0 | 9.7 | -34.5 | 150.65 | 2.88 | -33.33 | 3700.0 | 2.6 | 104.72 | 34.72 | 2.71 | 92.27 | -15.49 | 407.0 | 5.08 | 15.22 | 0.74 | 0.0 | -53.46 | 0 | 0 | 0 | 0 | 0 | 0 | 29.03 | 0.0 | 0.0 | 40.63 | 0.0 | 0.0 | 0.29 | 0.0 | -27.5 | 104.75 | 2.83 | 20.49 | 145.67 | 2.02 | 13.82 | -0.01 | 0.0 | 97.37 | 104.74 | 2.83 | 21.0 | 0.01 | -1.51 | -9.51 |
| 22Q2 (11) | 10.85 | -30.23 | 147.72 | 109.03 | 2.6 | -4.45 | 0 | 0 | 0 | 0 | 0 | 0 | 14.81 | -59.11 | 471.81 | 4.32 | -65.52 | 2441.18 | 1.27 | -46.41 | -5.93 | 1.41 | -53.69 | -30.96 | 387.34 | 6.19 | 17.4 | 0.74 | -60.64 | -53.75 | 0 | 0 | 0 | 0 | 0 | 0 | 29.03 | 0.0 | 0.0 | 40.63 | 0.0 | 7.86 | 0.29 | -27.5 | 0 | 101.87 | -7.59 | -2.89 | 142.79 | -5.61 | 0.15 | -0.01 | 0.0 | 96.3 | 101.86 | -7.59 | -2.65 | 0.01 | 4.53 | -0.26 |
| 22Q1 (10) | 15.55 | -3.42 | 69.57 | 106.27 | -13.76 | 6.54 | 0 | 0 | 0 | 0 | 0 | 0 | 36.22 | 3.13 | 423.41 | 12.53 | 18.66 | 482.79 | 2.37 | 30.22 | 19.1 | 3.05 | -18.82 | 12.01 | 364.76 | -1.59 | 20.11 | 1.88 | 0.0 | -46.44 | 0 | 0 | 0 | 0 | 0 | 0 | 29.03 | 0.0 | 0.0 | 40.63 | 0.0 | 7.86 | 0.4 | 0.0 | 0 | 110.24 | 13.07 | 5.26 | 151.27 | 9.19 | 6.23 | -0.01 | 96.55 | 96.67 | 110.23 | 13.39 | 5.55 | 0.01 | -6.65 | -4.69 |
| 21Q4 (9) | 16.1 | 80.29 | -9.85 | 123.22 | 8.03 | 38.92 | 0 | 0 | 0 | 0 | 0 | 0 | 35.12 | 807.49 | -24.88 | 10.56 | 13300.0 | -8.41 | 1.82 | -5.7 | -12.92 | 3.75 | 16.91 | 65.15 | 370.64 | 4.93 | 28.81 | 1.88 | 18.24 | -40.69 | 0 | 0 | 0 | 0 | 0 | 0 | 29.03 | 0.0 | 0.0 | 40.63 | 0.0 | 7.86 | 0.4 | 0.0 | 0 | 97.5 | 12.15 | -4.95 | 138.54 | 8.25 | -1.22 | -0.29 | 23.68 | 27.5 | 97.21 | 12.3 | -4.86 | 0.01 | -5.83 | 0.88 |
| 21Q3 (8) | 8.93 | 103.88 | -9.71 | 114.06 | -0.04 | 27.81 | 0 | 0 | 0 | 0 | 0 | 0 | 3.87 | 49.42 | -60.51 | -0.08 | -147.06 | -102.67 | 1.93 | 42.96 | -21.54 | 3.21 | 57.06 | 0.77 | 353.24 | 7.07 | 23.71 | 1.59 | -0.62 | -29.65 | 0 | 0 | 0 | 0 | 0 | 0 | 29.03 | 0.0 | 0.0 | 40.63 | 7.86 | 7.86 | 0.4 | 0 | 0 | 86.94 | -17.12 | -4.51 | 127.98 | -10.24 | -0.57 | -0.38 | -40.74 | 35.59 | 86.56 | -17.27 | -4.31 | 0.01 | 8.55 | 0.31 |
| 21Q2 (7) | 4.38 | -52.24 | -55.44 | 114.11 | 14.4 | 103.8 | 0 | 0 | 0 | 0 | 0 | 0 | 2.59 | -62.57 | -73.3 | 0.17 | -92.09 | -92.7 | 1.35 | -32.16 | -52.96 | 2.04 | -24.86 | 0 | 329.93 | 8.64 | 26.34 | 1.6 | -54.42 | -4.76 | 0 | 0 | 0 | 0 | 0 | 0 | 29.03 | 0.0 | 0.0 | 37.67 | 0.0 | 0.0 | 0 | 0 | 0 | 104.9 | 0.16 | 19.15 | 142.58 | 0.13 | 13.41 | -0.27 | 10.0 | 42.55 | 104.63 | 0.19 | 19.48 | 0.01 | -0.11 | -9.14 |
| 21Q1 (6) | 9.17 | -48.66 | -20.67 | 99.75 | 12.46 | 151.07 | 0 | 0 | -100.0 | 0 | 0 | 0 | 6.92 | -85.2 | -73.11 | 2.15 | -81.35 | -76.96 | 1.99 | -4.78 | 16.37 | 2.72 | 19.69 | 0 | 303.68 | 5.54 | 20.69 | 3.51 | 10.73 | 24.47 | 0 | 0 | -100.0 | 0 | 0 | 0 | 29.03 | 0.0 | 0.0 | 37.67 | 0.0 | 9.19 | 0 | 0 | 0 | 104.73 | 2.1 | -2.28 | 142.4 | 1.53 | 0.52 | -0.3 | 25.0 | -400.0 | 104.43 | 2.2 | -2.5 | 0.01 | -1.21 | -0.85 |
| 20Q4 (5) | 17.86 | 80.59 | 35.1 | 88.7 | -0.61 | 69.83 | 0 | 0 | -100.0 | 0 | 0 | 0 | 46.75 | 377.04 | 46.09 | 11.53 | 284.33 | 15.3 | 2.09 | -15.04 | -58.86 | 2.27 | -28.66 | 0 | 287.74 | 0.77 | 11.64 | 3.17 | 40.27 | 18.73 | 0 | 0 | -100.0 | 0 | 0 | 0 | 29.03 | 0.0 | 0.0 | 37.67 | 0.0 | 9.19 | 0 | 0 | 0 | 102.58 | 12.66 | 4.84 | 140.25 | 8.96 | 5.97 | -0.4 | 32.2 | -566.67 | 102.18 | 12.96 | 4.5 | 0.01 | -6.35 | -4.67 |
| 20Q3 (4) | 9.89 | 0.61 | 0.0 | 89.24 | 59.39 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 9.8 | 1.03 | 0.0 | 3.0 | 28.76 | 0.0 | 2.46 | -14.29 | 0.0 | 3.19 | 0 | 0.0 | 285.54 | 9.34 | 0.0 | 2.26 | 34.52 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 29.03 | 0.0 | 0.0 | 37.67 | 0.0 | 0.0 | 0 | 0 | 0.0 | 91.05 | 3.42 | 0.0 | 128.72 | 2.39 | 0.0 | -0.59 | -25.53 | 0.0 | 90.46 | 3.3 | 0.0 | 0.01 | -1.67 | 0.0 |
