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) | 56.23 | -3.98 | 9.0 | 200.0 | 0 | 0 | 0 | 0 | 200.56 | -16.47 | 39.95 | -35.66 | 40.23 | -12.54 | 20.06 | 4.7 | 17.03 | -3.89 | 103.69 | 27.74 | 0 | 0 | 50.56 | -0.18 | 74.47 | 0.81 | 47.05 | 15.43 | 9.69 | 0 | 270.27 | 3.45 | 327.02 | 8.28 | 45.22 | 0 | 315.49 | 25.41 | 0.00 | 0 |
| 2022 (9) | 58.56 | 5.04 | 3.0 | -86.67 | 0 | 0 | 0 | 0 | 240.1 | -11.34 | 62.09 | 1.17 | 46.0 | -26.39 | 19.16 | -16.97 | 17.72 | 21.62 | 81.17 | 6.99 | 27.0 | -15.97 | 50.65 | -0.55 | 73.87 | 0.0 | 40.76 | 17.63 | 0 | 0 | 261.26 | 25.54 | 302.01 | 24.41 | -9.69 | 0 | 251.57 | 11.76 | 0.00 | 0 |
| 2021 (8) | 55.75 | 34.63 | 22.5 | 150.0 | 0.38 | -91.16 | 0 | 0 | 270.82 | 21.58 | 61.37 | 67.63 | 62.49 | 33.01 | 23.07 | 9.4 | 14.57 | 10.38 | 75.87 | 6.99 | 32.13 | 0.56 | 50.93 | -0.49 | 73.87 | 10.01 | 34.65 | 11.7 | 0 | 0 | 208.11 | 37.0 | 242.76 | 32.37 | 16.99 | 563.67 | 225.1 | 45.73 | 0.00 | 0 |
| 2020 (7) | 41.41 | -41.99 | 9.0 | -25.0 | 4.3 | 43.33 | 0 | 0 | 222.75 | 9.09 | 36.61 | -10.49 | 46.98 | 15.32 | 21.09 | 5.71 | 13.2 | 22.45 | 70.91 | 52.2 | 31.95 | 7.39 | 51.18 | 1.59 | 67.15 | 2.63 | 31.02 | 15.19 | 0.48 | 0 | 151.9 | 14.02 | 183.4 | 14.52 | 2.56 | 0 | 154.46 | 16.53 | 0.00 | 0 |
| 2019 (6) | 71.38 | 17.83 | 12.0 | -23.86 | 3.0 | 50.0 | 0 | 0 | 204.19 | 9.05 | 40.9 | -9.41 | 40.74 | -28.07 | 19.95 | -34.04 | 10.78 | 43.73 | 46.59 | -1.36 | 29.75 | 12.26 | 50.38 | -0.34 | 65.43 | 0.0 | 26.93 | 20.12 | 0 | 0 | 133.22 | 13.88 | 160.15 | 13.01 | -0.67 | 0 | 132.55 | 13.69 | 0.00 | 0 |
| 2018 (5) | 60.58 | -0.18 | 15.76 | -42.1 | 2.0 | 0.0 | 0 | 0 | 187.25 | 1.61 | 45.15 | 100.31 | 56.64 | 25.31 | 30.25 | 23.32 | 7.5 | -28.16 | 47.23 | 0 | 26.5 | 20.45 | 50.55 | -30.36 | 65.43 | 0.0 | 22.42 | 11.21 | 2.31 | 61.54 | 116.98 | 23.59 | 141.71 | 21.91 | -0.39 | 0 | 116.59 | 28.84 | 0.00 | 0 |
| 2017 (4) | 60.69 | -0.75 | 27.22 | 40.09 | 2.0 | -29.33 | 0 | 0 | 184.28 | 6.79 | 22.54 | 13.15 | 45.2 | 0.09 | 24.53 | -6.28 | 10.44 | 8.41 | 0 | 0 | 22.0 | -40.83 | 72.59 | 0.03 | 65.43 | 0.77 | 20.16 | 10.95 | 1.43 | 0 | 94.65 | 5.78 | 116.24 | 7.97 | -4.16 | 0 | 90.49 | 2.77 | 0.03 | 1.59 |
| 2016 (3) | 61.15 | 4.8 | 19.43 | -69.96 | 2.83 | -41.77 | 0 | 0 | 172.56 | 2.33 | 19.92 | -3.49 | 45.16 | 21.53 | 26.17 | 18.76 | 9.63 | 8.32 | 0 | 0 | 37.18 | 3.28 | 72.57 | 0.51 | 64.93 | 0.02 | 18.17 | 12.79 | 0 | 0 | 89.48 | 4.67 | 107.66 | 5.96 | -1.43 | 0 | 88.05 | 0.23 | 0.03 | -0.1 |
| 2015 (2) | 58.35 | -4.66 | 64.69 | 11.0 | 4.86 | -67.71 | 0 | 0 | 168.63 | -4.64 | 20.64 | -19.06 | 37.16 | -22.73 | 22.04 | -18.97 | 8.89 | -13.69 | 0 | 0 | 36.0 | -25.47 | 72.2 | -0.07 | 64.92 | 0.02 | 16.11 | 18.81 | 0 | 0 | 85.49 | 9.39 | 101.6 | 10.8 | 2.36 | -21.85 | 87.85 | 8.23 | 0.03 | -0.41 |
| 2014 (1) | 61.2 | -12.55 | 58.28 | 19.62 | 15.05 | 97.51 | 0 | 0 | 176.83 | 11.84 | 25.5 | 1.96 | 48.09 | 16.44 | 27.20 | 4.11 | 10.3 | -19.03 | 0 | 0 | 48.3 | -29.24 | 72.25 | 0.03 | 64.91 | 0.11 | 13.56 | 22.6 | 0 | 0 | 78.15 | 20.32 | 91.7 | 19.26 | 3.02 | 0 | 81.17 | 25.11 | 0.03 | 14.42 |
| 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) | 54.79 | 21.86 | 17.98 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 55.49 | 7.71 | 7.14 | 9.79 | -2.3 | -15.24 | 43.71 | -6.72 | -8.73 | 22.09 | -8.47 | -4.82 | 18.18 | 13.84 | -2.88 | 103.97 | 2.16 | 1.47 | 0 | 0 | -100.0 | 50.59 | -0.18 | -0.12 | 74.47 | 0.0 | 0.0 | 51.03 | 0.0 | 8.46 | 0 | 0 | -100.0 | 280.2 | 3.62 | 6.57 | 331.23 | 3.04 | 3.62 | 32.99 | -40.4 | 45.07 | 313.19 | -3.86 | 9.63 | 0.00 | 0 | 0 |
| 24Q2 (19) | 44.96 | -28.68 | -33.1 | 0 | -100.0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 51.52 | 20.26 | -5.83 | 10.02 | -18.4 | -29.59 | 46.86 | 17.98 | 3.44 | 24.13 | 19.91 | 10.33 | 15.97 | 2.63 | -19.1 | 101.77 | -1.81 | 4.59 | 0 | 0 | -100.0 | 50.68 | 0.2 | 0.02 | 74.47 | 0.0 | 0.81 | 51.03 | 8.46 | 8.46 | 0 | -100.0 | -100.0 | 270.42 | 6.18 | 7.57 | 321.45 | 3.22 | 4.32 | 55.35 | -8.56 | 1720.72 | 325.77 | 3.35 | 28.04 | 0.00 | 0 | 0 |
| 24Q1 (18) | 63.04 | 12.11 | 11.79 | 3.0 | -66.67 | -80.0 | 0 | 0 | 0 | 0 | 0 | 0 | 42.84 | -10.81 | -6.93 | 12.28 | 63.3 | 84.38 | 39.72 | -1.27 | -2.17 | 20.12 | 0.33 | 8.4 | 15.56 | -8.63 | -8.09 | 103.65 | -0.04 | 25.9 | 0 | 0 | -100.0 | 50.58 | 0.04 | -0.1 | 74.47 | 0.0 | 0.81 | 47.05 | 0.0 | 15.43 | 9.69 | 0.0 | 0 | 254.68 | -5.77 | 0.61 | 311.43 | -4.77 | 5.96 | 60.53 | 33.86 | 1142.92 | 315.21 | -0.09 | 22.17 | 0.00 | 0 | 0 |
| 23Q4 (17) | 56.23 | 21.08 | -3.98 | 9.0 | -35.71 | 200.0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 48.03 | -7.26 | -10.77 | 7.52 | -34.89 | -32.62 | 40.23 | -15.99 | -12.54 | 20.06 | -13.57 | 4.7 | 17.03 | -9.03 | -3.89 | 103.69 | 1.2 | 27.74 | 0 | -100.0 | -100.0 | 50.56 | -0.18 | -0.18 | 74.47 | 0.0 | 0.81 | 47.05 | 0.0 | 15.43 | 9.69 | 0.0 | 0 | 270.27 | 2.79 | 3.45 | 327.02 | 2.3 | 8.28 | 45.22 | 98.86 | 566.67 | 315.49 | 10.44 | 25.41 | 0.00 | 0 | 0 |
| 23Q3 (16) | 46.44 | -30.89 | -29.68 | 14.0 | -6.67 | -40.43 | 0.5 | -84.62 | -66.67 | 0 | 0 | 0 | 51.79 | -5.34 | -1.41 | 11.55 | -18.83 | -26.94 | 47.89 | 5.72 | 6.26 | 23.21 | 6.1 | 29.82 | 18.72 | -5.17 | 3.65 | 102.46 | 5.3 | 27.88 | 16.5 | 11.86 | -44.07 | 50.65 | -0.04 | -0.2 | 74.47 | 0.81 | 0.81 | 47.05 | 0.0 | 15.43 | 9.69 | 0.0 | 0 | 262.93 | 4.59 | 5.49 | 319.67 | 3.75 | 10.23 | 22.74 | 648.03 | 252.31 | 285.67 | 12.28 | 21.92 | 0.00 | 0 | 0 |
| 23Q2 (15) | 67.2 | 19.17 | -1.16 | 15.0 | 0.0 | 50.0 | 3.25 | 0 | 187.61 | 0 | 0 | 0 | 54.71 | 18.86 | -17.47 | 14.23 | 113.66 | -20.41 | 45.3 | 11.58 | -20.33 | 21.87 | 17.82 | 4.12 | 19.74 | 16.6 | 20.88 | 97.3 | 18.18 | 21.43 | 14.75 | -1.67 | -48.03 | 50.67 | 0.08 | -0.31 | 73.87 | 0.0 | 0.0 | 47.05 | 15.43 | 15.43 | 9.69 | 0 | 0 | 251.38 | -0.7 | 7.69 | 308.13 | 4.84 | 12.38 | 3.04 | -37.58 | 122.52 | 254.42 | -1.39 | 15.68 | 0.00 | 0 | 0 |
| 23Q1 (14) | 56.39 | -3.71 | -18.96 | 15.0 | 400.0 | -18.92 | 0 | 0 | -100.0 | 0 | 0 | 0 | 46.03 | -14.49 | -31.76 | 6.66 | -40.32 | -61.37 | 40.6 | -11.74 | -39.7 | 18.57 | -3.09 | -24.42 | 16.93 | -4.46 | 8.87 | 82.33 | 1.43 | 4.71 | 15.0 | -44.44 | -52.76 | 50.63 | -0.04 | -0.37 | 73.87 | 0.0 | 0.0 | 40.76 | 0.0 | 17.63 | 0 | 0 | 0 | 253.14 | -3.11 | 12.33 | 293.9 | -2.69 | 13.04 | 4.87 | 150.26 | -18.43 | 258.01 | 2.56 | 11.54 | 0.00 | 0 | 0 |
| 22Q4 (13) | 58.56 | -11.33 | 5.04 | 3.0 | -87.23 | -86.67 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 53.83 | 2.47 | -18.27 | 11.16 | -29.41 | -33.96 | 46.0 | 2.06 | -26.39 | 19.16 | 7.18 | -16.97 | 17.72 | -1.88 | 21.62 | 81.17 | 1.31 | 6.99 | 27.0 | -8.47 | -15.97 | 50.65 | -0.2 | -0.55 | 73.87 | 0.0 | 0.0 | 40.76 | 0.0 | 17.63 | 0 | 0 | 0 | 261.26 | 4.82 | 25.54 | 302.01 | 4.14 | 24.41 | -9.69 | 35.1 | -157.03 | 251.57 | 7.37 | 11.76 | 0.00 | 0 | 0 |
| 22Q3 (12) | 66.04 | -2.87 | 77.81 | 23.5 | 135.0 | 0.0 | 1.5 | 32.74 | 50.0 | 0 | 0 | 0 | 52.53 | -20.76 | -26.08 | 15.81 | -11.58 | -11.48 | 45.07 | -20.74 | -31.37 | 17.88 | -14.91 | -27.44 | 18.06 | 10.59 | 13.44 | 80.12 | -0.01 | 8.39 | 29.5 | 3.95 | -12.2 | 50.75 | -0.16 | -0.24 | 73.87 | 0.0 | 10.01 | 40.76 | 0.0 | 17.63 | 0 | 0 | 0 | 249.24 | 6.77 | 30.12 | 290.0 | 5.77 | 28.21 | -14.93 | -10.59 | -226.31 | 234.31 | 6.54 | 15.22 | 0.00 | 0 | 0 |
| 22Q2 (11) | 67.99 | -2.29 | 57.68 | 10.0 | -45.95 | -16.67 | 1.13 | 50.67 | 13.0 | 0 | 0 | 0 | 66.29 | -1.72 | -4.91 | 17.88 | 3.71 | 23.99 | 56.86 | -15.55 | -5.01 | 21.01 | -14.48 | -11.13 | 16.33 | 5.02 | 0.49 | 80.13 | 1.91 | 10.85 | 28.38 | -10.61 | -8.01 | 50.83 | 0.02 | -0.2 | 73.87 | 0.0 | 10.01 | 40.76 | 17.63 | 17.63 | 0 | 0 | 0 | 233.43 | 3.59 | 34.4 | 274.19 | 5.46 | 31.61 | -13.5 | -326.13 | -268.96 | 219.93 | -4.92 | 21.06 | 0.00 | 0 | 0 |
| 22Q1 (10) | 69.58 | 24.81 | 54.97 | 18.5 | -17.78 | 23.33 | 0.75 | 97.37 | -82.56 | 0 | 0 | 0 | 67.45 | 2.41 | 5.08 | 17.24 | 2.01 | 41.43 | 67.33 | 7.75 | 16.93 | 24.57 | 6.46 | -0.31 | 15.55 | 6.73 | -7.11 | 78.63 | 3.64 | 9.62 | 31.75 | -1.18 | 3.08 | 50.82 | -0.22 | -0.45 | 73.87 | 0.0 | 10.01 | 34.65 | 0.0 | 11.7 | 0 | 0 | -100.0 | 225.35 | 8.28 | 37.33 | 260.0 | 7.1 | 32.93 | 5.97 | -64.86 | 37.24 | 231.32 | 2.76 | 37.33 | 0.00 | 0 | 0 |
| 21Q4 (9) | 55.75 | 50.11 | 34.63 | 22.5 | -4.26 | 150.0 | 0.38 | -62.0 | -91.16 | 0 | 0 | 0 | 65.86 | -7.32 | 6.92 | 16.9 | -5.38 | 66.34 | 62.49 | -4.84 | 33.01 | 23.07 | -6.34 | 9.4 | 14.57 | -8.48 | 10.38 | 75.87 | 2.64 | 6.99 | 32.13 | -4.38 | 0.56 | 50.93 | 0.12 | -0.49 | 73.87 | 10.01 | 10.01 | 34.65 | 0.0 | 11.7 | 0 | 0 | -100.0 | 208.11 | 8.65 | 37.0 | 242.76 | 7.33 | 32.37 | 16.99 | 43.74 | 563.67 | 225.1 | 10.69 | 45.73 | 0.00 | 0 | 0 |
| 21Q3 (8) | 37.14 | -13.87 | 16.14 | 23.5 | 95.83 | 161.11 | 1.0 | 0.0 | -64.29 | 0 | 0 | 0 | 71.06 | 1.94 | 23.09 | 17.86 | 23.86 | 75.96 | 65.67 | 9.71 | 33.8 | 24.64 | 4.22 | 7.27 | 15.92 | -2.03 | 23.79 | 73.92 | 2.25 | 46.67 | 33.6 | 8.91 | 41.77 | 50.87 | -0.12 | -0.76 | 67.15 | 0.0 | 2.63 | 34.65 | 0.0 | 11.7 | 0 | 0 | -100.0 | 191.54 | 10.28 | 34.87 | 226.19 | 8.57 | 30.35 | 11.82 | 47.93 | 2417.65 | 203.36 | 11.94 | 43.71 | 0.00 | 0 | 0 |
| 21Q2 (7) | 43.12 | -3.96 | -31.16 | 12.0 | -20.0 | 33.33 | 1.0 | -76.74 | -74.36 | 0 | 0 | 0 | 69.71 | 8.6 | 39.0 | 14.42 | 18.29 | 106.59 | 59.86 | 3.96 | 37.77 | 23.64 | -4.07 | 0 | 16.25 | -2.93 | 22.73 | 72.29 | 0.78 | 45.13 | 30.85 | 0.16 | 12.8 | 50.93 | -0.24 | 0.89 | 67.15 | 0.0 | 2.63 | 34.65 | 11.7 | 11.7 | 0 | -100.0 | -100.0 | 173.68 | 5.84 | 31.71 | 208.33 | 6.51 | 27.52 | 7.99 | 83.68 | 826.36 | 181.67 | 7.85 | 38.92 | 0.00 | 0 | 0 |
| 21Q1 (6) | 44.9 | 8.43 | -25.63 | 15.0 | 66.67 | 66.67 | 4.3 | 0.0 | 10.26 | 0 | 0 | 0 | 64.19 | 4.2 | 20.5 | 12.19 | 19.98 | 30.93 | 57.58 | 22.56 | 26.91 | 24.64 | 16.84 | 0 | 16.74 | 26.82 | 16.74 | 71.73 | 1.16 | 42.29 | 30.8 | -3.6 | 9.61 | 51.05 | -0.25 | 1.33 | 67.15 | 0.0 | 2.63 | 31.02 | 0.0 | 15.19 | 0.48 | 0.0 | 0 | 164.09 | 8.03 | 15.12 | 195.59 | 6.65 | 15.41 | 4.35 | 69.92 | 605.81 | 168.44 | 9.05 | 18.89 | 0.00 | 0 | 0 |
| 20Q4 (5) | 41.41 | 29.49 | -41.99 | 9.0 | 0.0 | -25.0 | 4.3 | 53.57 | 43.33 | 0 | 0 | 0 | 61.6 | 6.7 | 17.2 | 10.16 | 0.1 | 11.53 | 46.98 | -4.28 | 15.32 | 21.09 | -8.16 | 0 | 13.2 | 2.64 | 22.45 | 70.91 | 40.69 | 52.2 | 31.95 | 34.81 | 7.39 | 51.18 | -0.16 | 1.59 | 67.15 | 2.63 | 2.63 | 31.02 | 0.0 | 15.19 | 0.48 | 0.0 | 0 | 151.9 | 6.96 | 14.02 | 183.4 | 5.69 | 14.52 | 2.56 | 601.96 | 482.09 | 154.46 | 9.15 | 16.53 | 0.00 | 0 | 0 |
| 20Q3 (4) | 31.98 | -48.95 | 0.0 | 9.0 | 0.0 | 0.0 | 2.8 | -28.21 | 0.0 | 0 | 0 | 0.0 | 57.73 | 15.11 | 0.0 | 10.15 | 45.42 | 0.0 | 49.08 | 12.96 | 0.0 | 22.97 | 0 | 0.0 | 12.86 | -2.87 | 0.0 | 50.4 | 1.18 | 0.0 | 23.7 | -13.35 | 0.0 | 51.26 | 1.55 | 0.0 | 65.43 | 0.0 | 0.0 | 31.02 | 0.0 | 0.0 | 0.48 | 0.0 | 0.0 | 142.02 | 7.7 | 0.0 | 173.52 | 6.21 | 0.0 | -0.51 | 53.64 | 0.0 | 141.51 | 8.21 | 0.0 | 0.00 | 0 | 0.0 |
