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) | 369.94 | -45.27 | 664.9 | -12.59 | 2812.38 | 27.98 | 0 | 0 | 975.26 | 12.61 | 250.34 | -8.04 | 5431.61 | 8.53 | 556.94 | -3.62 | 0 | 0 | 30.83 | 20.34 | 2153.42 | -5.63 | 5.8 | 191.46 | 176.46 | 1.83 | 0 | 0 | 17.78 | -55.13 | 962.14 | 20.34 | 979.92 | 16.78 | -35.42 | 0 | 926.72 | 18.55 | 0.06 | -2.43 |
| 2022 (9) | 675.99 | 45.77 | 760.69 | 14.67 | 2197.47 | 19.43 | 0 | 0 | 866.08 | 20.02 | 272.22 | 25.77 | 5004.68 | 17.05 | 577.85 | -2.47 | 0 | 0 | 25.62 | 45.65 | 2281.93 | 44.12 | 1.99 | 111.7 | 173.29 | 8.28 | 0 | 0 | 39.63 | 19.84 | 799.51 | 26.45 | 839.14 | 26.12 | -17.78 | 0 | 781.73 | 31.91 | 0.06 | -0.49 |
| 2021 (8) | 463.75 | 41.4 | 663.35 | 18.4 | 1839.9 | 12.54 | 0 | 0 | 721.6 | 21.32 | 216.44 | 28.4 | 4275.56 | 13.8 | 592.51 | -6.2 | 0 | 0 | 17.59 | -2.66 | 1583.4 | 51.28 | 0.94 | -4.08 | 160.04 | 4.51 | 0 | 0 | 33.07 | 0.73 | 632.26 | 28.19 | 665.33 | 26.47 | -39.63 | 0 | 592.63 | 28.79 | 0.06 | 31.88 |
| 2020 (7) | 327.97 | 75.75 | 560.26 | -6.91 | 1634.83 | 23.29 | 0 | 0 | 594.78 | 0.59 | 168.57 | 8.97 | 3757.19 | 16.62 | 631.69 | 15.94 | 0 | 0 | 18.07 | 1.18 | 1046.69 | 20.99 | 0.98 | 30.67 | 153.13 | 15.29 | 0 | 0 | 32.83 | 56.63 | 493.23 | 22.43 | 526.06 | 24.12 | -33.07 | 0 | 460.16 | 24.35 | 0.04 | -20.61 |
| 2019 (6) | 186.61 | 6.15 | 601.85 | 11.34 | 1326.01 | 22.3 | 0 | 0 | 591.32 | 17.16 | 154.69 | 15.71 | 3221.86 | 21.93 | 544.86 | 4.08 | 0 | 0 | 17.86 | 40.85 | 865.07 | 56.02 | 0.75 | -1.32 | 132.82 | 3.0 | 0 | 0 | 20.96 | 49.93 | 402.88 | 27.3 | 423.84 | 28.25 | -32.83 | 0 | 370.05 | 25.22 | 0.06 | 27.0 |
| 2018 (5) | 175.8 | -7.62 | 540.57 | 43.49 | 1084.25 | 29.25 | 0 | 0 | 504.73 | 21.75 | 133.69 | 38.44 | 2642.34 | 21.23 | 523.52 | -0.43 | 0 | 0 | 12.68 | 10.55 | 554.46 | 6.97 | 0.76 | 18.75 | 128.95 | 2.0 | 0 | 0 | 13.98 | 107.11 | 316.49 | 29.84 | 330.47 | 31.92 | -20.96 | 0 | 295.53 | 28.62 | 0.04 | -0.17 |
| 2017 (4) | 190.31 | 47.11 | 376.72 | -52.48 | 838.87 | 8.18 | 0 | 0 | 414.55 | 9.07 | 96.57 | 33.33 | 2179.65 | 12.12 | 525.79 | 2.8 | 0 | 0 | 11.47 | 28.88 | 518.33 | 5.64 | 0.64 | -17.95 | 126.42 | 10.97 | 0 | 0 | 6.75 | 0 | 243.75 | 26.95 | 250.5 | 30.46 | -13.98 | 0 | 229.77 | 24.03 | 0.04 | -15.87 |
| 2016 (3) | 129.37 | 16.57 | 792.83 | 0.56 | 775.43 | 4.15 | 0 | 0 | 380.08 | 3.2 | 72.43 | 5.54 | 1943.96 | 4.74 | 511.46 | 1.48 | 0 | 0 | 8.9 | 143.84 | 490.66 | 28.0 | 0.78 | 69.57 | 113.92 | 0.0 | 0 | 0 | 0 | 0 | 192.01 | 23.9 | 192.01 | 23.9 | -6.75 | 0 | 185.26 | 8.42 | 0.05 | -1.08 |
| 2015 (2) | 110.98 | 33.1 | 788.44 | 17.72 | 744.56 | 25.67 | 0 | 0 | 368.28 | 6.58 | 68.63 | 0.56 | 1856.06 | 12.53 | 503.98 | 5.58 | 0 | 0 | 3.65 | 99.45 | 383.33 | -11.98 | 0.46 | 27.78 | 113.92 | 4.0 | 0 | 0 | 0 | 0 | 154.97 | 27.73 | 154.97 | 27.73 | 15.9 | -13.77 | 170.87 | 22.25 | 0.05 | -6.69 |
| 2014 (1) | 83.38 | 9.91 | 669.74 | 17.21 | 592.45 | 19.66 | 0 | 0 | 345.53 | 13.62 | 68.25 | 16.01 | 1649.34 | 23.34 | 477.34 | 8.56 | 0 | 0 | 1.83 | 531.03 | 435.51 | 38.47 | 0.36 | 56.52 | 109.54 | 10.0 | 0 | 0 | 0 | 0 | 121.33 | 47.68 | 121.33 | 46.52 | 18.44 | 89.32 | 139.77 | 52.09 | 0.06 | -3.88 |
| 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) | 406.91 | -6.86 | 27.14 | 744.64 | 9.34 | 4.08 | 2943.99 | 5.37 | 11.81 | 0 | 0 | 0 | 262.3 | 1.92 | 4.15 | 61.79 | -3.59 | -0.85 | 5671.43 | 1.15 | 6.02 | 555.80 | 0.12 | -0.6 | 0 | 0 | 0 | 54.78 | 43.18 | 81.57 | 2009.09 | -3.95 | -9.8 | 4.7 | -8.2 | -10.65 | 210.86 | 17.35 | 19.49 | 0 | 0 | 0 | 35.42 | 0.0 | 99.21 | 1015.08 | 6.49 | 12.26 | 1050.5 | 6.25 | 13.93 | 9.14 | 188.14 | 175.1 | 1024.22 | 8.63 | 14.81 | 0.06 | 1.8 | 0.23 |
| 24Q2 (19) | 436.9 | 12.52 | -1.01 | 681.06 | 3.41 | -9.15 | 2793.97 | 2.06 | 21.95 | 0 | 0 | 0 | 257.35 | 2.89 | 6.62 | 64.09 | 10.21 | 3.81 | 5606.71 | 1.02 | 8.62 | 555.15 | -0.58 | -0.21 | 0 | 0 | 0 | 38.26 | 11.61 | 41.7 | 2091.74 | -6.28 | -10.13 | 5.12 | -9.54 | 6.0 | 179.69 | 1.83 | 1.83 | 0 | 0 | 0 | 35.42 | 99.21 | 99.21 | 953.25 | -6.58 | 13.22 | 988.67 | -4.76 | 15.0 | -10.37 | 37.61 | 72.41 | 942.88 | -6.06 | 17.22 | 0.06 | 0.9 | -3.41 |
| 24Q1 (18) | 388.29 | 4.96 | -20.19 | 658.58 | -0.95 | -3.26 | 2737.6 | -2.66 | 23.53 | 0 | 0 | 0 | 250.11 | -0.21 | 8.09 | 58.15 | 1.36 | -15.6 | 5550.11 | 2.18 | 8.83 | 558.38 | 0.26 | -1.65 | 0 | 0 | 0 | 34.28 | 11.19 | 23.04 | 2231.86 | 3.64 | -2.66 | 5.66 | -2.41 | 25.22 | 176.46 | 0.0 | 1.83 | 0 | 0 | 0 | 17.78 | 0.0 | -55.13 | 1020.35 | 6.05 | 17.49 | 1038.13 | 5.94 | 14.32 | -16.62 | 53.08 | 9.58 | 1003.73 | 8.31 | 18.08 | 0.06 | -1.04 | -4.0 |
| 23Q4 (17) | 369.94 | 15.58 | -45.27 | 664.9 | -7.07 | -12.59 | 2812.38 | 6.81 | 27.98 | 0 | 0 | 0 | 250.64 | -0.48 | 8.0 | 57.37 | -7.94 | -6.38 | 5431.61 | 1.54 | 8.53 | 556.94 | -0.39 | -3.62 | 0 | 0 | 0 | 30.83 | 2.19 | 20.34 | 2153.42 | -3.32 | -5.63 | 5.8 | 10.27 | 191.46 | 176.46 | 0.0 | 1.83 | 0 | 0 | 0 | 17.78 | 0.0 | -55.13 | 962.14 | 6.4 | 20.34 | 979.92 | 6.28 | 16.78 | -35.42 | -191.04 | -99.21 | 926.72 | 3.88 | 18.55 | 0.06 | -1.4 | -2.43 |
| 23Q3 (16) | 320.06 | -27.48 | -36.33 | 715.48 | -4.56 | 1.2 | 2633.14 | 14.93 | 17.79 | 0 | 0 | 0 | 251.85 | 4.34 | 12.89 | 62.32 | 0.94 | -11.1 | 5349.3 | 3.63 | 9.7 | 559.15 | 0.51 | -5.06 | 0 | 0 | 0 | 30.17 | 11.74 | 18.31 | 2227.34 | -4.3 | 10.01 | 5.26 | 8.9 | 167.01 | 176.46 | 0.0 | 1.83 | 0 | 0 | 0 | 17.78 | 0.0 | -55.13 | 904.26 | 7.4 | 22.75 | 922.04 | 7.25 | 18.78 | -12.17 | 67.62 | -177.85 | 892.09 | 10.91 | 21.82 | 0.06 | -1.89 | 0.82 |
| 23Q2 (15) | 441.37 | -9.28 | -21.12 | 749.64 | 10.12 | 9.32 | 2291.05 | 3.38 | 5.42 | 0 | 0 | 0 | 241.37 | 4.31 | 14.03 | 61.74 | -10.39 | -10.7 | 5161.98 | 1.22 | 11.26 | 556.29 | -2.02 | -5.52 | 0 | 0 | 0 | 27.0 | -3.09 | 11.2 | 2327.49 | 1.51 | 25.51 | 4.83 | 6.86 | 148.97 | 176.46 | 1.83 | 5.48 | 0 | 0 | 0 | 17.78 | -55.13 | -55.13 | 841.92 | -3.05 | 26.31 | 859.69 | -5.33 | 21.74 | -37.58 | -104.46 | -61.43 | 804.34 | -5.38 | 25.04 | 0.06 | 0.28 | -5.75 |
| 23Q1 (14) | 486.51 | -28.03 | -4.75 | 680.74 | -10.51 | 5.46 | 2216.17 | 0.85 | 7.18 | 0 | 0 | 0 | 231.4 | -0.29 | 16.13 | 68.9 | 12.43 | -3.91 | 5099.77 | 1.9 | 12.7 | 567.76 | -1.75 | -5.49 | 0 | 0 | 0 | 27.86 | 8.74 | 44.5 | 2292.9 | 0.48 | 37.23 | 4.52 | 127.14 | 222.86 | 173.29 | 0.0 | 8.28 | 0 | 0 | 0 | 39.63 | 0.0 | 19.84 | 868.44 | 8.62 | 23.36 | 908.07 | 8.21 | 23.21 | -18.38 | -3.37 | -26.85 | 850.06 | 8.74 | 23.29 | 0.06 | 0.58 | -2.38 |
| 22Q4 (13) | 675.99 | 34.48 | 45.77 | 760.69 | 7.59 | 14.67 | 2197.47 | -1.7 | 19.43 | 0 | 0 | 0 | 232.07 | 4.03 | 19.68 | 61.28 | -12.58 | 9.14 | 5004.68 | 2.63 | 17.05 | 577.85 | -1.89 | -2.47 | 0 | 0 | 0 | 25.62 | 0.47 | 45.65 | 2281.93 | 12.71 | 44.12 | 1.99 | 1.02 | 111.7 | 173.29 | 0.0 | 8.28 | 0 | 0 | 0 | 39.63 | 0.0 | 19.84 | 799.51 | 8.53 | 26.45 | 839.14 | 8.1 | 26.12 | -17.78 | -305.94 | 55.13 | 781.73 | 6.75 | 31.91 | 0.06 | 1.89 | -0.49 |
| 22Q3 (12) | 502.68 | -10.17 | 31.31 | 707.02 | 3.11 | 10.36 | 2235.4 | 2.86 | 29.93 | 0 | 0 | 0 | 223.09 | 5.4 | 21.83 | 70.1 | 1.39 | 26.81 | 4876.28 | 5.1 | 20.7 | 588.97 | 0.03 | 0.08 | 0 | 0 | 0 | 25.5 | 5.02 | 50.09 | 2024.58 | 9.18 | 50.98 | 1.97 | 1.55 | 111.83 | 173.29 | 3.59 | 8.28 | 0 | 0 | 0 | 39.63 | 0.0 | 19.84 | 736.66 | 10.52 | 28.01 | 776.29 | 9.93 | 27.56 | -4.38 | 81.19 | 90.0 | 732.28 | 13.84 | 37.73 | 0.06 | -8.29 | 10.05 |
| 22Q2 (11) | 559.57 | 9.55 | 23.71 | 685.71 | 6.23 | 18.97 | 2173.33 | 5.11 | 30.09 | 0 | 0 | 0 | 211.67 | 6.23 | 19.59 | 69.14 | -3.57 | 25.03 | 4639.49 | 2.53 | 17.89 | 588.81 | -1.98 | -1.71 | 0 | 0 | 0 | 24.28 | 25.93 | 41.91 | 1854.41 | 10.99 | 40.74 | 1.94 | 38.57 | 104.21 | 167.29 | 4.53 | 4.53 | 0 | 0 | 0 | 39.63 | 19.84 | 19.84 | 666.56 | -5.31 | 28.14 | 706.19 | -4.18 | 27.64 | -23.28 | -60.66 | 46.26 | 643.28 | -6.7 | 34.89 | 0.06 | 3.86 | 15.14 |
| 22Q1 (10) | 510.77 | 10.14 | 53.58 | 645.48 | -2.69 | 11.75 | 2067.62 | 12.38 | 27.17 | 0 | 0 | 0 | 199.26 | 2.76 | 18.9 | 71.7 | 27.69 | 44.27 | 4525.1 | 5.84 | 18.72 | 600.73 | 1.39 | -1.82 | 0 | 0 | 0 | 19.28 | 9.61 | 8.56 | 1670.81 | 5.52 | 46.13 | 1.4 | 48.94 | 44.33 | 160.04 | 0.0 | 4.51 | 0 | 0 | 0 | 33.07 | 0.0 | 0.73 | 703.96 | 11.34 | 29.66 | 737.03 | 10.78 | 28.01 | -14.49 | 63.44 | 60.06 | 689.47 | 16.34 | 36.08 | 0.06 | 2.53 | 39.74 |
| 21Q4 (9) | 463.75 | 21.14 | 41.4 | 663.35 | 3.54 | 18.4 | 1839.9 | 6.94 | 12.54 | 0 | 0 | 0 | 193.91 | 5.9 | 22.12 | 56.15 | 1.57 | 25.31 | 4275.56 | 5.83 | 13.8 | 592.51 | 0.68 | -6.2 | 0 | 0 | 0 | 17.59 | 3.53 | -2.66 | 1583.4 | 18.08 | 51.28 | 0.94 | 1.08 | -4.08 | 160.04 | 0.0 | 4.51 | 0 | 0 | 0 | 33.07 | 0.0 | 0.73 | 632.26 | 9.87 | 28.19 | 665.33 | 9.33 | 26.47 | -39.63 | 9.5 | -19.84 | 592.63 | 11.46 | 28.79 | 0.06 | 12.68 | 31.88 |
| 21Q3 (8) | 382.81 | -15.37 | 17.4 | 640.66 | 11.15 | 16.42 | 1720.43 | 2.98 | 7.85 | 0 | 0 | 0 | 183.11 | 3.46 | 19.23 | 55.28 | -0.04 | 23.2 | 4039.96 | 2.65 | 16.04 | 588.51 | -1.76 | 1.39 | 0 | 0 | 0 | 16.99 | -0.7 | -3.14 | 1340.92 | 1.77 | 46.69 | 0.93 | -2.11 | -3.12 | 160.04 | 0.0 | 4.51 | 0 | 0 | 0 | 33.07 | 0.0 | 0.73 | 575.48 | 10.63 | 28.35 | 608.56 | 9.99 | 26.47 | -43.79 | -1.08 | -12.2 | 531.69 | 11.49 | 29.89 | 0.05 | -4.04 | 20.57 |
| 21Q2 (7) | 452.33 | 36.01 | 53.15 | 576.39 | -0.21 | -5.21 | 1670.61 | 2.75 | 9.17 | 0 | 0 | 0 | 176.99 | 5.61 | 23.78 | 55.3 | 11.27 | 39.44 | 3935.55 | 3.26 | 18.87 | 599.07 | -2.09 | 0 | 0 | 0 | 0 | 17.11 | -3.66 | -4.2 | 1317.61 | 15.24 | 53.98 | 0.95 | -2.06 | 0.0 | 160.04 | 4.51 | 15.86 | 0 | 0 | 0 | 33.07 | 0.73 | 0.73 | 520.2 | -4.19 | 28.93 | 553.27 | -3.91 | 26.8 | -43.32 | -19.4 | 5.48 | 476.88 | -5.88 | 33.33 | 0.05 | 26.05 | 0.09 |
| 21Q1 (6) | 332.58 | 1.41 | 11.08 | 577.61 | 3.1 | -9.4 | 1625.9 | -0.55 | 14.8 | 0 | 0 | -100.0 | 167.59 | 5.55 | 20.2 | 49.7 | 10.91 | 26.69 | 3811.46 | 1.44 | 44.62 | 611.85 | -3.14 | 0 | 0 | 0 | 0 | 17.76 | -1.72 | -7.4 | 1143.36 | 9.24 | 30.93 | 0.97 | -1.02 | 29.33 | 153.13 | 0.0 | 15.29 | 0 | 0 | 0 | 32.83 | 0.0 | 56.63 | 542.93 | 10.08 | 22.8 | 575.76 | 9.45 | 24.34 | -36.28 | -9.71 | 20.05 | 506.65 | 10.1 | 27.71 | 0.04 | -3.23 | -19.84 |
| 20Q4 (5) | 327.97 | 0.58 | 75.75 | 560.26 | 1.81 | -6.91 | 1634.83 | 2.48 | 23.29 | 0 | 0 | -100.0 | 158.78 | 3.39 | -3.05 | 44.81 | -0.13 | 12.39 | 3757.19 | 7.92 | 42.52 | 631.69 | 8.83 | 0 | 0 | 0 | 0 | 18.07 | 3.02 | 1.18 | 1046.69 | 14.5 | 20.99 | 0.98 | 2.08 | 30.67 | 153.13 | 0.0 | 15.29 | 0 | 0 | 0 | 32.83 | 0.0 | 56.63 | 493.23 | 10.01 | 22.43 | 526.06 | 9.32 | 24.12 | -33.07 | 15.27 | -0.73 | 460.16 | 12.42 | 24.35 | 0.04 | 3.01 | -20.61 |
| 20Q3 (4) | 326.08 | 10.4 | 0.0 | 550.28 | -9.51 | 0.0 | 1595.2 | 4.25 | 0.0 | 0 | 0 | 0.0 | 153.58 | 7.41 | 0.0 | 44.87 | 13.14 | 0.0 | 3481.4 | 5.15 | 0.0 | 580.45 | 0 | 0.0 | 0 | 0 | 0.0 | 17.54 | -1.79 | 0.0 | 914.1 | 6.82 | 0.0 | 0.96 | 1.05 | 0.0 | 153.13 | 10.86 | 0.0 | 0 | 0 | 0.0 | 32.83 | 0.0 | 0.0 | 448.36 | 11.12 | 0.0 | 481.19 | 10.28 | 0.0 | -39.03 | 14.84 | 0.0 | 409.33 | 14.45 | 0.0 | 0.04 | -20.34 | 0.0 |
