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) | 47.81 | -17.7 | 1.8 | -58.14 | 0 | 0 | 0 | 0 | 220.43 | -46.47 | 10.24 | -59.67 | 24.91 | -12.44 | 11.30 | 63.55 | 0 | 0 | 2.47 | -8.18 | 0 | 0 | 0.7 | -5.41 | 14.29 | 5.0 | 9.88 | 34.79 | 0 | 0 | 31.56 | -5.9 | 41.44 | -10.77 | 2.1 | 17.98 | 33.66 | -4.7 | 0.02 | -14.33 |
| 2022 (9) | 58.09 | 68.92 | 4.3 | -36.48 | 0 | 0 | 0 | 0 | 411.75 | 5.61 | 25.39 | 9.91 | 28.45 | -38.33 | 6.91 | -41.6 | 0 | 0 | 2.69 | 13.5 | 0 | 0 | 0.74 | 124.24 | 13.61 | 0.0 | 7.33 | 45.73 | 5.57 | 26.3 | 33.54 | 31.94 | 46.44 | 33.22 | 1.78 | 0 | 35.32 | 77.93 | 0.02 | -28.74 |
| 2021 (8) | 34.39 | 20.41 | 6.77 | -3.42 | 0 | 0 | 0 | 0 | 389.87 | 69.89 | 23.1 | 112.71 | 46.13 | 101.53 | 11.83 | 18.63 | 0 | 0 | 2.37 | 8.72 | 0 | 0 | 0.33 | 0.0 | 13.61 | 8.02 | 5.03 | 27.66 | 4.41 | 142.31 | 25.42 | 87.19 | 34.86 | 80.25 | -5.57 | 0 | 19.85 | 116.47 | 0.03 | -22.84 |
| 2020 (7) | 28.56 | 66.53 | 7.01 | -1.27 | 0 | 0 | 0 | 0 | 229.49 | 28.91 | 10.86 | 168.81 | 22.89 | 1.15 | 9.97 | -21.53 | 0 | 0 | 2.18 | 990.0 | 0 | 0 | 0.33 | -2.94 | 12.6 | 0.0 | 3.94 | 11.3 | 1.82 | 0.0 | 13.58 | 180.0 | 19.34 | 89.42 | -4.41 | 0 | 9.17 | 188.36 | 0.04 | -12.81 |
| 2019 (6) | 17.15 | 41.15 | 7.1 | 10.94 | 0 | 0 | 0 | 0 | 178.03 | -3.48 | 4.04 | 53.61 | 22.63 | -5.59 | 12.71 | -2.19 | 0 | 0 | 0.2 | -13.04 | 0 | 0 | 0.34 | 25.93 | 12.6 | 0.0 | 3.54 | 8.26 | 1.82 | 0.0 | 4.85 | 63.85 | 10.21 | 26.83 | -1.67 | 0 | 3.18 | 52.15 | 0.04 | -4.07 |
| 2018 (5) | 12.15 | 8.68 | 6.4 | 17.43 | 0 | 0 | 0 | 0 | 184.44 | 5.2 | 2.63 | 27.05 | 23.97 | 11.85 | 13.00 | 6.33 | 0 | 0 | 0.23 | 21.05 | 0 | 0 | 0.27 | 3.85 | 12.6 | -2.33 | 3.27 | 6.51 | 1.82 | 0.0 | 2.96 | 38.32 | 8.05 | 14.51 | -0.87 | 0 | 2.09 | 326.53 | 0.04 | -36.09 |
| 2017 (4) | 11.18 | -2.36 | 5.45 | 8.13 | 0.06 | 0.0 | 0 | 0 | 175.33 | 8.51 | 2.07 | -23.62 | 21.43 | 4.33 | 12.22 | -3.85 | 0 | 0 | 0.19 | -47.22 | 1.23 | -4.65 | 0.26 | -3.7 | 12.9 | 0.0 | 3.07 | 9.64 | 1.82 | 0.0 | 2.14 | -24.65 | 7.03 | -5.76 | -1.65 | 0 | 0.49 | -86.72 | 0.07 | 17.79 |
| 2016 (3) | 11.45 | -2.47 | 5.04 | -3.63 | 0.06 | -40.0 | 0 | 0 | 161.58 | 3.92 | 2.71 | 97.81 | 20.54 | 16.37 | 12.71 | 11.99 | 0 | 0 | 0.36 | -16.28 | 1.29 | -27.53 | 0.27 | 0.0 | 12.9 | 0.0 | 2.8 | 5.26 | 1.82 | 0.0 | 2.84 | 80.89 | 7.46 | 23.31 | 0.85 | -35.61 | 3.69 | 27.68 | 0.06 | -4.08 |
| 2015 (2) | 11.74 | 2.18 | 5.23 | 11.75 | 0.1 | 0.0 | 0 | 0 | 155.49 | -8.44 | 1.37 | -35.98 | 17.65 | -9.95 | 11.35 | -1.64 | 0 | 0 | 0.43 | 230.77 | 1.78 | 14.1 | 0.27 | 0.0 | 12.9 | 0.0 | 2.66 | 6.83 | 1.82 | 0.0 | 1.57 | -8.72 | 6.05 | 0.5 | 1.32 | 10.92 | 2.89 | -0.69 | 0.06 | 8.46 |
| 2014 (1) | 11.49 | 22.23 | 4.68 | 31.46 | 0.1 | 150.0 | 0 | 0 | 169.83 | 19.83 | 2.14 | 63.36 | 19.6 | 13.36 | 11.54 | -5.4 | 0 | 0 | 0.13 | 30.0 | 1.56 | 47.17 | 0.27 | 0.0 | 12.9 | -4.44 | 2.49 | 5.51 | 1.82 | 0.0 | 1.72 | 10.26 | 6.02 | 4.88 | 1.19 | 0 | 2.91 | 134.68 | 0.06 | -40.38 |
| 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) | 38.37 | -0.7 | -19.54 | 1.8 | 0.0 | -10.0 | 0 | 0 | 0 | 0 | 0 | 0 | 78.91 | 17.48 | 51.0 | 2.03 | -31.65 | -22.22 | 30.49 | -3.27 | 29.14 | 11.55 | -13.03 | 16.13 | 0 | 0 | 0 | 2.67 | 2.3 | -6.97 | 0 | 0 | 0 | 0.69 | -2.82 | -6.76 | 14.29 | 0.0 | 0.0 | 10.9 | 0.0 | 10.32 | 0 | 0 | 0 | 29.33 | 7.44 | -0.85 | 40.23 | 5.31 | 1.95 | 4.67 | -44.99 | -19.9 | 34.0 | -5.0 | -3.98 | 0.02 | 3.97 | 7.39 |
| 24Q2 (19) | 38.64 | -19.23 | -39.25 | 1.8 | 0.0 | -56.1 | 0 | 0 | 0 | 0 | 0 | 0 | 67.17 | 19.26 | 28.31 | 2.97 | 32.59 | -0.34 | 31.52 | 29.93 | 48.68 | 13.28 | 21.82 | 80.92 | 0 | 0 | 0 | 2.61 | 1.56 | -6.79 | 0 | 0 | 0 | 0.71 | 0.0 | -1.39 | 14.29 | 0.0 | 0.0 | 10.9 | 10.32 | 10.32 | 0 | 0 | 0 | 27.3 | 7.65 | 1.22 | 38.2 | 8.4 | 3.66 | 8.49 | 39.18 | 219.17 | 35.79 | 13.76 | 20.79 | 0.02 | -11.18 | -5.62 |
| 24Q1 (18) | 47.84 | 0.06 | -20.24 | 1.8 | 0.0 | -56.83 | 0 | 0 | 0 | 0 | 0 | 0 | 56.32 | -8.66 | 3.99 | 2.24 | 13.13 | -15.79 | 24.26 | -2.61 | 23.9 | 10.90 | -3.55 | 95.99 | 0 | 0 | 0 | 2.57 | 4.05 | -5.86 | 0 | 0 | 0 | 0.71 | 1.43 | -1.39 | 14.29 | 0.0 | 5.0 | 9.88 | 0.0 | 34.79 | 0 | 0 | -100.0 | 25.36 | -19.65 | 17.19 | 35.24 | -14.96 | 2.03 | 6.1 | 190.48 | 503.96 | 31.46 | -6.54 | 38.9 | 0.02 | 17.27 | -8.87 |
| 23Q4 (17) | 47.81 | 0.25 | -17.7 | 1.8 | -10.0 | -58.14 | 0 | 0 | 0 | 0 | 0 | 0 | 61.66 | 17.99 | -21.64 | 1.98 | -24.14 | -44.54 | 24.91 | 5.51 | -12.44 | 11.30 | 13.66 | 63.55 | 0 | 0 | 0 | 2.47 | -13.94 | -8.18 | 0 | 0 | 0 | 0.7 | -5.41 | -5.41 | 14.29 | 0.0 | 5.0 | 9.88 | 0.0 | 34.79 | 0 | 0 | -100.0 | 31.56 | 6.69 | -5.9 | 41.44 | 5.02 | -10.77 | 2.1 | -63.98 | 17.98 | 33.66 | -4.94 | -4.7 | 0.02 | -0.84 | -14.33 |
| 23Q3 (16) | 47.69 | -25.03 | -5.71 | 2.0 | -51.22 | -58.33 | 0 | 0 | 0 | 0 | 0 | 0 | 52.26 | -0.17 | -49.6 | 2.61 | -12.42 | -53.23 | 23.61 | 11.37 | -34.69 | 9.94 | 35.49 | 28.49 | 0 | 0 | 0 | 2.87 | 2.5 | 1.41 | 0 | 0 | 0 | 0.74 | 2.78 | -2.63 | 14.29 | 0.0 | 5.0 | 9.88 | 0.0 | 34.79 | 0 | 0 | -100.0 | 29.58 | 9.68 | -1.04 | 39.46 | 7.08 | -7.8 | 5.83 | 119.17 | 43.6 | 35.41 | 19.51 | 4.3 | 0.02 | -8.63 | -24.58 |
| 23Q2 (15) | 63.61 | 6.05 | 13.37 | 4.1 | -1.68 | -37.78 | 0 | 0 | 0 | 0 | 0 | 0 | 52.35 | -3.34 | -54.7 | 2.98 | 12.03 | -70.38 | 21.2 | 8.27 | -50.93 | 7.34 | 31.96 | -21.25 | 0 | 0 | 0 | 2.8 | 2.56 | 6.06 | 0 | 0 | 0 | 0.72 | 0.0 | -1.37 | 14.29 | 5.0 | 5.0 | 9.88 | 34.79 | 34.79 | 0 | -100.0 | -100.0 | 26.97 | 24.63 | 10.94 | 36.85 | 6.69 | -0.97 | 2.66 | 163.37 | 368.69 | 29.63 | 30.82 | 27.06 | 0.02 | -14.24 | -38.25 |
| 23Q1 (14) | 59.98 | 3.25 | 25.59 | 4.17 | -3.02 | -36.72 | 0 | 0 | 0 | 0 | 0 | 0 | 54.16 | -31.17 | -52.41 | 2.66 | -25.49 | -56.89 | 19.58 | -31.18 | -51.97 | 5.56 | -19.52 | -40.82 | 0 | 0 | 0 | 2.73 | 1.49 | 10.08 | 0 | 0 | 0 | 0.72 | -2.7 | -1.37 | 13.61 | 0.0 | 0.0 | 7.33 | 0.0 | 45.73 | 5.57 | 0.0 | 26.3 | 21.64 | -35.48 | 22.19 | 34.54 | -25.62 | 27.22 | 1.01 | -43.26 | 130.51 | 22.65 | -35.87 | 57.29 | 0.02 | 10.24 | -44.26 |
| 22Q4 (13) | 58.09 | 14.85 | 68.92 | 4.3 | -10.42 | -36.48 | 0 | 0 | 0 | 0 | 0 | 0 | 78.69 | -24.11 | -41.33 | 3.57 | -36.02 | -59.11 | 28.45 | -21.3 | -38.33 | 6.91 | -10.71 | -41.6 | 0 | 0 | 0 | 2.69 | -4.95 | 13.5 | 0 | 0 | 0 | 0.74 | -2.63 | 124.24 | 13.61 | 0.0 | 0.0 | 7.33 | 0.0 | 45.73 | 5.57 | 0.0 | 26.3 | 33.54 | 12.21 | 31.94 | 46.44 | 8.5 | 33.22 | 1.78 | -56.16 | 131.96 | 35.32 | 4.04 | 77.93 | 0.02 | -12.69 | -28.74 |
| 22Q3 (12) | 50.58 | -9.86 | 81.36 | 4.8 | -27.16 | -30.03 | 0 | 0 | 0 | 0 | 0 | 0 | 103.69 | -10.27 | 3.57 | 5.58 | -44.53 | -3.12 | 36.15 | -16.32 | -5.54 | 7.74 | -16.96 | -35.83 | 0 | 0 | 0 | 2.83 | 7.2 | 21.46 | 0 | 0 | 0 | 0.76 | 4.11 | 130.3 | 13.61 | 0.0 | 0.0 | 7.33 | 0.0 | 45.73 | 5.57 | 0.0 | 26.3 | 29.89 | 22.95 | 78.77 | 42.8 | 15.02 | 63.67 | 4.06 | 510.1 | 176.46 | 33.95 | 45.58 | 197.55 | 0.02 | -25.19 | -24.66 |
| 22Q2 (11) | 56.11 | 17.48 | 76.39 | 6.59 | 0.0 | -4.77 | 0 | 0 | 0 | 0 | 0 | 0 | 115.56 | 1.54 | 34.65 | 10.06 | 63.05 | 79.32 | 43.2 | 5.96 | 43.76 | 9.32 | -0.84 | -15.27 | 0 | 0 | 0 | 2.64 | 6.45 | 16.81 | 0 | 0 | 0 | 0.73 | 0.0 | 121.21 | 13.61 | 0.0 | 8.02 | 7.33 | 45.73 | 86.04 | 5.57 | 26.3 | 206.04 | 24.31 | 37.27 | 55.43 | 37.21 | 37.05 | 73.88 | -0.99 | 70.09 | 79.63 | 23.32 | 61.94 | 116.33 | 0.03 | -22.59 | -0.19 |
| 22Q1 (10) | 47.76 | 38.88 | 68.35 | 6.59 | -2.66 | -5.45 | 0 | 0 | 0 | 0 | 0 | 0 | 113.81 | -15.14 | 63.03 | 6.17 | -29.32 | 105.67 | 40.77 | -11.62 | 54.96 | 9.40 | -20.58 | -7.94 | 0 | 0 | 0 | 2.48 | 4.64 | 12.22 | 0 | 0 | 0 | 0.73 | 121.21 | 114.71 | 13.61 | 0.0 | 8.02 | 5.03 | 0.0 | 27.66 | 4.41 | 0.0 | 142.31 | 17.71 | -30.33 | 6.82 | 27.15 | -22.12 | 21.48 | -3.31 | 40.57 | 13.35 | 14.4 | -27.46 | 12.85 | 0.04 | 40.94 | 15.98 |
| 21Q4 (9) | 34.39 | 23.31 | 20.41 | 6.77 | -1.31 | -3.42 | 0 | 0 | 0 | 0 | 0 | 0 | 134.12 | 33.96 | 117.59 | 8.73 | 51.56 | 257.79 | 46.13 | 20.54 | 101.53 | 11.83 | -1.87 | 18.62 | 0 | 0 | 0 | 2.37 | 1.72 | 8.72 | 0 | 0 | 0 | 0.33 | 0.0 | 0.0 | 13.61 | 0.0 | 8.02 | 5.03 | 0.0 | 27.66 | 4.41 | 0.0 | 142.31 | 25.42 | 52.03 | 87.19 | 34.86 | 33.31 | 80.25 | -5.57 | -4.9 | -26.3 | 19.85 | 73.97 | 116.47 | 0.03 | -7.69 | -22.84 |
| 21Q3 (8) | 27.89 | -12.32 | 5.09 | 6.86 | -0.87 | -2.14 | 0 | 0 | 0 | 0 | 0 | 0 | 100.12 | 16.66 | 78.91 | 5.76 | 2.67 | 110.99 | 38.27 | 27.35 | 93.38 | 12.06 | 9.63 | 31.81 | 0 | 0 | 0 | 2.33 | 3.1 | 9.91 | 0 | 0 | 0 | 0.33 | 0.0 | -2.94 | 13.61 | 8.02 | 8.02 | 5.03 | 27.66 | 27.66 | 4.41 | 142.31 | 142.31 | 16.72 | 6.91 | 49.96 | 26.15 | 22.2 | 54.64 | -5.31 | -9.26 | -67.51 | 11.41 | 5.84 | 42.98 | 0.03 | -0.89 | -18.41 |
| 21Q2 (7) | 31.81 | 12.13 | 32.93 | 6.92 | -0.72 | -5.59 | 0 | 0 | 0 | 0 | 0 | 0 | 85.82 | 22.93 | 21.99 | 5.61 | 87.0 | 19.11 | 30.05 | 14.22 | 24.9 | 11.00 | 7.75 | 0 | 0 | 0 | 0 | 2.26 | 2.26 | 9.18 | 0 | 0 | 0 | 0.33 | -2.94 | -2.94 | 12.6 | 0.0 | 0.0 | 3.94 | 0.0 | 0.0 | 1.82 | 0.0 | 0.0 | 15.64 | -5.67 | 85.75 | 21.4 | -4.25 | 50.92 | -4.86 | -27.23 | -72.34 | 10.78 | -15.52 | 92.5 | 0.03 | -10.05 | -26.81 |
| 21Q1 (6) | 28.37 | -0.67 | 76.32 | 6.97 | -0.57 | -1.41 | 0 | 0 | 0 | 0 | 0 | 0 | 69.81 | 13.25 | 68.1 | 3.0 | 22.95 | 209.28 | 26.31 | 14.94 | 27.35 | 10.21 | 2.33 | 0 | 0 | 0 | 0 | 2.21 | 1.38 | 8.87 | 0 | 0 | 0 | 0.34 | 3.03 | 0.0 | 12.6 | 0.0 | 0.0 | 3.94 | 0.0 | 11.3 | 1.82 | 0.0 | 0.0 | 16.58 | 22.09 | 184.88 | 22.35 | 15.56 | 99.91 | -3.82 | 13.38 | -120.81 | 12.76 | 39.15 | 211.98 | 0.03 | -6.23 | -15.72 |
| 20Q4 (5) | 28.56 | 7.61 | 66.53 | 7.01 | 0.0 | -1.27 | 0 | 0 | 0 | 0 | 0 | 0 | 61.64 | 10.15 | 27.09 | 2.44 | -10.62 | 162.37 | 22.89 | 15.66 | 1.15 | 9.97 | 9.04 | 0 | 0 | 0 | 0 | 2.18 | 2.83 | 990.0 | 0 | 0 | 0 | 0.33 | -2.94 | -2.94 | 12.6 | 0.0 | 0.0 | 3.94 | 0.0 | 11.3 | 1.82 | 0.0 | 0.0 | 13.58 | 21.79 | 180.0 | 19.34 | 14.37 | 89.42 | -4.41 | -39.12 | -164.07 | 9.17 | 14.91 | 188.36 | 0.04 | -2.4 | -12.81 |
| 20Q3 (4) | 26.54 | 10.91 | 0.0 | 7.01 | -4.37 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 55.96 | -20.45 | 0.0 | 2.73 | -42.04 | 0.0 | 19.79 | -17.75 | 0.0 | 9.15 | 0 | 0.0 | 0 | 0 | 0.0 | 2.12 | 2.42 | 0.0 | 0 | 0 | 0.0 | 0.34 | 0.0 | 0.0 | 12.6 | 0.0 | 0.0 | 3.94 | 0.0 | 0.0 | 1.82 | 0.0 | 0.0 | 11.15 | 32.42 | 0.0 | 16.91 | 19.25 | 0.0 | -3.17 | -12.41 | 0.0 | 7.98 | 42.5 | 0.0 | 0.04 | -11.09 | 0.0 |
