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) | 176.66 | -31.6 | 18.91 | -32.22 | 0 | 0 | 0 | 0 | 848.06 | -11.31 | 56.73 | -21.61 | 126.85 | 11.32 | 14.96 | 25.52 | 169.3 | -7.08 | 0.97 | 0 | 0 | 0 | 0.87 | -16.35 | 18.5 | 0.0 | 64.04 | 13.24 | 6.14 | 39.55 | 203.76 | 1.12 | 273.95 | 4.39 | -8.03 | 0 | 195.73 | 0.19 | 0.15 | -0.98 |
| 2022 (9) | 258.26 | 87.93 | 27.9 | 164.71 | 0 | 0 | 0 | 0 | 956.24 | 0.05 | 72.37 | 13.4 | 113.95 | -39.47 | 11.92 | -39.5 | 182.19 | 0.4 | 0 | 0 | 0 | 0 | 1.04 | 0.0 | 18.5 | 0.0 | 56.55 | 16.77 | 4.4 | -16.03 | 201.5 | -2.26 | 262.44 | 1.01 | -6.14 | 0 | 195.36 | -3.17 | 0.15 | 19.38 |
| 2021 (8) | 137.42 | -3.63 | 10.54 | -7.62 | 0 | 0 | 0 | 0 | 955.73 | 11.82 | 63.82 | 26.38 | 188.24 | 8.99 | 19.70 | -2.53 | 181.47 | 12.26 | 0 | 0 | 0 | 0 | 1.04 | 7.22 | 18.5 | 0.0 | 48.43 | 11.59 | 5.24 | -50.66 | 206.15 | 28.84 | 259.82 | 21.39 | -4.4 | 0 | 201.75 | 30.35 | 0.12 | 251.26 |
| 2020 (7) | 142.6 | 76.07 | 11.41 | -15.29 | 0 | 0 | 0 | 0 | 854.71 | 15.92 | 50.5 | 32.03 | 172.71 | 35.28 | 20.21 | 16.7 | 161.65 | 35.23 | 0 | 0 | 0 | 0 | 0.97 | 67.24 | 18.5 | 0.0 | 43.4 | 9.65 | 10.62 | 37.21 | 160.01 | 11.72 | 214.03 | 12.33 | -5.24 | 0 | 154.77 | 16.72 | 0.04 | 76.57 |
| 2019 (6) | 80.99 | 89.45 | 13.47 | -46.25 | 0 | 0 | 0 | 0 | 737.35 | 14.4 | 38.25 | 19.2 | 127.67 | 0.73 | 17.31 | -11.95 | 119.54 | -17.62 | 0 | 0 | 0 | 0 | 0.58 | 1.75 | 18.5 | 0.0 | 39.58 | 8.83 | 7.74 | 45.76 | 143.22 | 8.57 | 190.54 | 9.77 | -10.62 | 0 | 132.6 | 6.79 | 0.02 | -6.46 |
| 2018 (5) | 42.75 | -26.34 | 25.06 | -9.82 | 0 | 0 | 0 | 0 | 644.53 | 10.59 | 32.09 | 22.48 | 126.74 | -1.81 | 19.66 | -11.21 | 145.11 | 46.56 | 0 | 0 | 0 | 0 | 0.57 | 0.0 | 18.5 | 0.0 | 36.37 | 7.76 | 5.31 | 0.0 | 131.91 | 9.05 | 173.58 | 8.47 | -7.74 | 0 | 124.17 | 7.2 | 0.02 | 57.99 |
| 2017 (4) | 58.04 | -32.92 | 27.79 | 13.85 | 0 | 0 | 0 | 0 | 582.81 | 0.28 | 26.2 | -6.5 | 129.07 | -0.03 | 22.15 | -0.31 | 99.01 | 52.46 | 0 | 0 | 0 | 0 | 0.57 | 46.15 | 18.5 | -39.99 | 33.75 | 9.05 | 5.31 | 328.23 | 120.96 | 0.67 | 160.02 | 5.03 | -5.13 | 0 | 115.83 | 0.85 | 0.01 | 0 |
| 2016 (3) | 86.52 | 3.73 | 24.41 | 34.71 | 0 | 0 | 0 | 0 | 581.2 | -9.52 | 28.02 | -9.99 | 129.11 | 14.32 | 22.21 | 26.35 | 64.94 | -25.3 | 0 | 0 | 0 | 0 | 0.39 | -29.09 | 30.83 | 0.0 | 30.95 | 11.21 | 1.24 | 0.0 | 120.16 | 2.82 | 152.35 | 4.39 | -5.31 | 0 | 114.85 | -2.84 | 0.00 | 0 |
| 2015 (2) | 83.41 | -17.95 | 18.12 | -32.71 | 0 | 0 | 0 | 0 | 642.36 | 7.03 | 31.13 | -8.06 | 112.94 | -26.16 | 17.58 | -31.01 | 86.93 | 7.16 | 0.63 | 0.0 | 0 | 0 | 0.55 | 34.15 | 30.83 | 0.0 | 27.83 | 13.82 | 1.24 | 0.0 | 116.86 | 5.53 | 145.94 | 6.98 | 1.35 | -52.3 | 118.21 | 4.09 | 0.01 | 128.42 |
| 2014 (1) | 101.66 | 29.14 | 26.93 | -15.55 | 0 | 0 | 0 | 0 | 600.16 | 9.65 | 33.86 | 4.64 | 152.96 | -4.95 | 25.49 | -13.31 | 81.12 | 26.75 | 0.63 | 0.0 | 0 | 0 | 0.41 | 51.85 | 30.83 | 0.0 | 24.45 | 15.28 | 1.24 | -34.74 | 110.74 | 10.28 | 136.42 | 10.43 | 2.83 | 466.0 | 113.57 | 12.53 | 0.01 | 102.99 |
| 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) | 177.6 | -18.19 | -5.88 | 8.08 | -54.78 | -66.98 | 0 | 0 | 0 | 0 | 0 | 0 | 220.31 | 15.95 | 0.0 | 14.29 | 8.59 | -9.9 | 136.68 | 17.34 | -11.89 | 16.61 | 17.34 | -8.0 | 161.12 | -2.9 | -6.25 | 0.95 | 0.0 | -2.06 | 0 | 0 | 0 | 1.18 | -4.84 | 12.38 | 18.5 | 0.0 | 0.0 | 69.72 | 0.0 | 8.87 | 8.03 | 0.0 | 30.78 | 212.59 | 7.21 | 2.49 | 290.34 | 5.18 | 4.59 | -1.61 | 45.61 | 56.13 | 210.98 | 8.01 | 3.54 | 0.15 | -0.71 | 2.04 |
| 24Q2 (19) | 217.08 | 7.7 | 3.83 | 17.87 | -48.9 | -49.16 | 0 | 0 | 0 | 0 | 0 | 0 | 190.0 | 8.07 | -4.02 | 13.16 | 24.39 | -3.38 | 116.48 | 13.12 | -0.01 | 14.15 | 14.21 | 7.52 | 165.93 | -4.89 | 3.84 | 0.95 | -1.04 | -2.06 | 0 | 0 | 0 | 1.24 | 63.16 | 18.1 | 18.5 | 0.0 | 0.0 | 69.72 | 8.87 | 8.87 | 8.03 | 30.78 | 30.78 | 198.3 | 2.9 | 3.51 | 276.05 | 5.01 | 5.46 | -2.96 | 37.02 | 66.82 | 195.34 | 3.9 | 6.95 | 0.15 | -6.11 | 3.05 |
| 24Q1 (18) | 201.56 | 14.09 | 6.89 | 34.97 | 84.93 | 5.71 | 0 | 0 | 0 | 0 | 0 | 0 | 175.82 | -25.75 | -8.9 | 10.58 | -28.61 | -14.88 | 102.97 | -18.83 | -4.6 | 12.39 | -17.15 | 6.2 | 174.47 | 3.05 | -0.72 | 0.96 | -1.03 | 92.0 | 0 | 0 | 0 | 0.76 | -12.64 | -24.0 | 18.5 | 0.0 | 0.0 | 64.04 | 0.0 | 13.24 | 6.14 | 0.0 | 39.55 | 192.71 | -5.42 | 2.95 | 262.89 | -4.04 | 5.95 | -4.7 | 41.47 | 14.7 | 188.01 | -3.94 | 3.48 | 0.16 | 7.53 | -1.41 |
| 23Q4 (17) | 176.66 | -6.38 | -31.6 | 18.91 | -22.72 | -32.22 | 0 | 0 | 0 | 0 | 0 | 0 | 236.8 | 7.49 | -4.5 | 14.82 | -6.56 | -16.13 | 126.85 | -18.22 | 11.32 | 14.96 | -17.15 | 25.52 | 169.3 | -1.49 | -7.08 | 0.97 | 0.0 | 0 | 0 | 0 | 0 | 0.87 | -17.14 | -16.35 | 18.5 | 0.0 | 0.0 | 64.04 | 0.0 | 13.24 | 6.14 | 0.0 | 39.55 | 203.76 | -1.77 | 1.12 | 273.95 | -1.32 | 4.39 | -8.03 | -118.8 | -30.78 | 195.73 | -3.94 | 0.19 | 0.15 | 1.8 | -0.98 |
| 23Q3 (16) | 188.7 | -9.74 | 2.06 | 24.47 | -30.38 | -33.61 | 0 | 0 | 0 | 0 | 0 | 0 | 220.3 | 11.29 | -10.42 | 15.86 | 16.45 | -21.87 | 155.12 | 33.16 | 0.1 | 18.05 | 37.13 | 10.76 | 171.86 | 7.55 | -23.37 | 0.97 | 0.0 | 0 | 0 | 0 | 0 | 1.05 | 0.0 | -8.7 | 18.5 | 0.0 | 0.0 | 64.04 | 0.0 | 13.24 | 6.14 | 0.0 | 39.55 | 207.43 | 8.28 | -0.28 | 277.61 | 6.06 | 3.22 | -3.67 | 58.86 | -12.58 | 203.76 | 11.56 | -0.49 | 0.14 | 0.28 | 3.13 |
| 23Q2 (15) | 209.07 | 10.87 | 8.64 | 35.15 | 6.26 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 197.96 | 2.57 | -16.81 | 13.62 | 9.57 | -29.87 | 116.49 | 7.93 | -24.69 | 13.16 | 12.81 | -18.92 | 159.8 | -9.07 | -30.55 | 0.97 | 94.0 | 0 | 0 | 0 | 0 | 1.05 | 5.0 | -7.89 | 18.5 | 0.0 | 0.0 | 64.04 | 13.24 | 13.24 | 6.14 | 39.55 | 39.55 | 191.57 | 2.34 | 2.05 | 261.75 | 5.49 | 5.26 | -8.92 | -61.89 | -79.12 | 182.65 | 0.53 | -0.05 | 0.14 | -10.18 | 5.88 |
| 23Q1 (14) | 188.57 | -26.98 | 0.75 | 33.08 | 18.57 | 33.82 | 0 | 0 | 0 | 0 | 0 | 0 | 193.0 | -22.17 | -13.99 | 12.43 | -29.65 | -17.08 | 107.93 | -5.28 | -31.91 | 11.67 | -2.07 | -29.62 | 175.73 | -3.55 | -20.0 | 0.5 | 0 | 0 | 0 | 0 | 0 | 1.0 | -3.85 | 3.09 | 18.5 | 0.0 | 0.0 | 56.55 | 0.0 | 16.77 | 4.4 | 0.0 | -16.03 | 187.19 | -7.1 | -16.31 | 248.13 | -5.45 | -10.53 | -5.51 | 10.26 | -118.65 | 181.68 | -7.0 | -17.84 | 0.16 | 8.0 | 24.68 |
| 22Q4 (13) | 258.26 | 39.68 | 87.93 | 27.9 | -24.31 | 164.71 | 0 | 0 | 0 | 0 | 0 | 0 | 247.97 | 0.83 | 2.27 | 17.67 | -12.96 | 8.07 | 113.95 | -26.47 | -39.47 | 11.92 | -26.89 | -39.5 | 182.19 | -18.77 | 0.4 | 0 | 0 | 0 | 0 | 0 | 0 | 1.04 | -9.57 | 0.0 | 18.5 | 0.0 | 0.0 | 56.55 | 0.0 | 16.77 | 4.4 | 0.0 | -16.03 | 201.5 | -3.13 | -2.26 | 262.44 | -2.42 | 1.01 | -6.14 | -88.34 | -39.55 | 195.36 | -4.59 | -3.17 | 0.15 | 6.02 | 19.38 |
| 22Q3 (12) | 184.89 | -3.92 | 38.52 | 36.86 | 4.86 | 230.29 | 0 | 0 | 0 | 0 | 0 | 0 | 245.93 | 3.35 | -0.78 | 20.3 | 4.53 | 11.78 | 154.97 | 0.18 | -13.71 | 16.30 | 0.39 | -9.3 | 224.28 | -2.53 | 28.67 | 0 | 0 | 0 | 0 | 0 | 0 | 1.15 | 0.88 | 27.78 | 18.5 | 0.0 | 0.0 | 56.55 | 0.0 | 16.77 | 4.4 | 0.0 | -16.03 | 208.02 | 10.81 | 20.58 | 268.96 | 8.16 | 18.91 | -3.26 | 34.54 | -133.99 | 204.76 | 12.05 | 12.44 | 0.14 | 2.95 | 12.47 |
| 22Q2 (11) | 192.44 | 2.82 | 5.6 | 35.15 | 42.19 | 214.96 | 0 | 0 | 0 | 0 | 0 | 0 | 237.96 | 6.05 | -1.35 | 19.42 | 29.55 | 22.45 | 154.69 | -2.4 | -4.75 | 16.24 | -2.07 | -2.07 | 230.09 | 4.75 | 32.27 | 0 | 0 | 0 | 0 | 0 | 0 | 1.14 | 17.53 | 14.0 | 18.5 | 0.0 | 0.0 | 56.55 | 16.77 | 16.77 | 4.4 | -16.03 | -16.03 | 187.72 | -16.07 | 21.62 | 248.66 | -10.34 | 19.54 | -4.98 | -97.62 | -147.76 | 182.74 | -17.36 | 19.96 | 0.14 | 5.76 | 5.86 |
| 22Q1 (10) | 187.17 | 36.2 | 8.9 | 24.72 | 134.54 | 116.27 | 0 | 0 | 0 | 0 | 0 | 0 | 224.38 | -7.46 | 0.08 | 14.99 | -8.32 | 11.37 | 158.5 | -15.8 | -3.47 | 16.58 | -15.82 | -5.67 | 219.66 | 21.04 | 31.26 | 0 | 0 | 0 | 0 | 0 | 0 | 0.97 | -6.73 | 3.19 | 18.5 | 0.0 | 0.0 | 48.43 | 0.0 | 11.59 | 5.24 | 0.0 | -50.66 | 223.66 | 8.49 | 28.93 | 277.33 | 6.74 | 21.91 | -2.52 | 42.73 | -31.25 | 221.14 | 9.61 | 28.91 | 0.13 | 3.41 | 7.08 |
| 21Q4 (9) | 137.42 | 2.95 | -3.63 | 10.54 | -5.56 | -7.62 | 0 | 0 | 0 | 0 | 0 | 0 | 242.46 | -2.18 | -15.24 | 16.35 | -9.97 | -7.05 | 188.24 | 4.81 | 8.99 | 19.70 | 9.59 | -2.53 | 181.47 | 4.11 | 12.26 | 0 | 0 | 0 | 0 | 0 | 0 | 1.04 | 15.56 | 7.22 | 18.5 | 0.0 | 0.0 | 48.43 | 0.0 | 11.59 | 5.24 | 0.0 | -50.66 | 206.15 | 19.5 | 28.84 | 259.82 | 14.87 | 21.39 | -4.4 | -145.88 | 16.03 | 201.75 | 10.79 | 30.35 | 0.12 | -0.11 | 251.26 |
| 21Q3 (8) | 133.48 | -26.76 | 30.3 | 11.16 | 0.0 | -10.86 | 0 | 0 | 0 | 0 | 0 | 0 | 247.87 | 2.76 | 8.71 | 18.16 | 14.5 | 25.85 | 179.6 | 10.59 | 14.15 | 17.97 | 8.39 | -9.63 | 174.3 | 0.2 | 9.47 | 0 | 0 | 0 | 0 | 0 | 0 | 0.9 | -10.0 | 52.54 | 18.5 | 0.0 | 0.0 | 48.43 | 0.0 | 11.59 | 5.24 | 0.0 | -50.66 | 172.51 | 11.77 | 21.13 | 226.18 | 8.73 | 15.13 | 9.59 | 577.11 | 190.05 | 182.1 | 19.54 | 38.2 | 0.12 | -3.1 | 271.42 |
| 21Q2 (7) | 182.24 | 6.03 | 76.06 | 11.16 | -2.36 | -7.77 | 0 | 0 | 0 | 0 | 0 | 0 | 241.21 | 7.59 | 23.2 | 15.86 | 17.83 | 34.18 | 162.4 | -1.09 | 30.24 | 16.58 | -5.68 | 0 | 173.95 | 3.94 | 23.91 | 0 | 0 | 0 | 0 | 0 | 0 | 1.0 | 6.38 | 66.67 | 18.5 | 0.0 | 0.0 | 48.43 | 11.59 | 11.59 | 5.24 | -50.66 | -50.66 | 154.35 | -11.02 | 20.6 | 208.02 | -8.56 | 14.28 | -2.01 | -4.69 | 84.89 | 152.34 | -11.2 | 32.83 | 0.13 | 6.99 | 519.7 |
| 21Q1 (6) | 171.87 | 20.53 | 90.29 | 11.43 | 0.18 | -15.89 | 0 | 0 | 0 | 0 | 0 | 0 | 224.19 | -21.63 | 54.77 | 13.46 | -23.48 | 102.1 | 164.19 | -4.93 | 69.88 | 17.58 | -13.01 | 0 | 167.35 | 3.53 | 35.43 | 0 | 0 | 0 | 0 | 0 | 0 | 0.94 | -3.09 | 77.36 | 18.5 | 0.0 | 0.0 | 43.4 | 0.0 | 9.65 | 10.62 | 0.0 | 37.21 | 173.47 | 8.41 | 15.74 | 227.49 | 6.29 | 15.36 | -1.92 | 63.36 | 84.36 | 171.55 | 10.84 | 24.67 | 0.12 | 239.21 | 479.41 |
| 20Q4 (5) | 142.6 | 39.2 | 76.07 | 11.41 | -8.87 | -15.29 | 0 | 0 | 0 | 0 | 0 | 0 | 286.06 | 25.45 | 28.57 | 17.59 | 21.9 | 54.84 | 172.71 | 9.77 | 35.28 | 20.21 | 1.61 | 0 | 161.65 | 1.53 | 35.23 | 0 | 0 | 0 | 0 | 0 | 0 | 0.97 | 64.41 | 67.24 | 18.5 | 0.0 | 0.0 | 43.4 | 0.0 | 9.65 | 10.62 | 0.0 | 37.21 | 160.01 | 12.35 | 11.72 | 214.03 | 8.95 | 12.33 | -5.24 | 50.8 | 50.66 | 154.77 | 17.45 | 16.72 | 0.04 | 5.62 | 76.57 |
| 20Q3 (4) | 102.44 | -1.03 | 0.0 | 12.52 | 3.47 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 228.02 | 16.47 | 0.0 | 14.43 | 22.08 | 0.0 | 157.34 | 26.18 | 0.0 | 19.89 | 0 | 0.0 | 159.22 | 13.42 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.59 | -1.67 | 0.0 | 18.5 | 0.0 | 0.0 | 43.4 | 0.0 | 0.0 | 10.62 | 0.0 | 0.0 | 142.42 | 11.27 | 0.0 | 196.45 | 7.93 | 0.0 | -10.65 | 19.92 | 0.0 | 131.77 | 14.89 | 0.0 | 0.03 | 61.67 | 0.0 |
