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) | 38.35 | -29.3 | 9.61 | -3.9 | 15.73 | 43.92 | 0 | 0 | 100.48 | -20.74 | 5.69 | -73.72 | 14.99 | -39.41 | 14.92 | -23.56 | 27.79 | -10.04 | 0 | 0 | 26.13 | -25.96 | 0.48 | -14.29 | 54.19 | 0.18 | 7.19 | 43.51 | 2.65 | -18.71 | 19.19 | -32.76 | 29.03 | -21.14 | -4.31 | 0 | 14.88 | -42.53 | 0.34 | 9.23 |
| 2022 (9) | 54.24 | -5.46 | 10.0 | -49.42 | 10.93 | 72.4 | 0 | 0 | 126.77 | 22.59 | 21.65 | 105.99 | 24.74 | -5.64 | 19.52 | -23.03 | 30.89 | 30.89 | 0 | 0 | 35.29 | -20.71 | 0.56 | 14.29 | 54.09 | 0.0 | 5.01 | 27.48 | 3.26 | -15.1 | 28.54 | 96.42 | 36.81 | 65.07 | -2.65 | 0 | 25.89 | 129.72 | 0.31 | -0.7 |
| 2021 (8) | 57.37 | 76.14 | 19.77 | -10.38 | 6.34 | 11.62 | 0 | 0 | 103.41 | 39.33 | 10.51 | 102.5 | 26.22 | 42.11 | 25.36 | 2.0 | 23.6 | 2.43 | 0 | 0 | 44.51 | -4.36 | 0.49 | -5.77 | 54.09 | 5.87 | 3.93 | 14.91 | 3.84 | -35.35 | 14.53 | 85.33 | 22.3 | 29.73 | -3.26 | 0 | 11.27 | 181.75 | 0.31 | 2.97 |
| 2020 (7) | 32.57 | -28.87 | 22.06 | 23.65 | 5.68 | 49.08 | 0 | 0 | 74.22 | -3.32 | 5.19 | -57.87 | 18.45 | 9.3 | 24.86 | 13.06 | 23.04 | 7.92 | 0 | 0 | 46.54 | 11.23 | 0.52 | 108.0 | 51.09 | 0.0 | 3.42 | 56.16 | 5.94 | 38.79 | 7.84 | -46.96 | 17.19 | -19.07 | -3.84 | 0 | 4.0 | -54.75 | 0.30 | 6.71 |
| 2019 (6) | 45.79 | 26.67 | 17.84 | 37.55 | 3.81 | 1129.03 | 0 | 0 | 76.77 | -16.6 | 12.32 | -35.46 | 16.88 | -20.53 | 21.99 | -4.71 | 21.35 | 8.54 | 0 | 0 | 41.84 | 64.92 | 0.25 | 257.14 | 51.09 | 0.0 | 2.19 | 682.14 | 4.28 | 90.22 | 14.78 | -23.1 | 21.24 | -2.3 | -5.94 | 0 | 8.84 | -40.83 | 0.28 | 6.28 |
| 2018 (5) | 36.15 | -10.52 | 12.97 | -35.28 | 0.31 | -98.21 | 0 | 0 | 92.05 | 44.35 | 19.09 | 534.22 | 21.24 | 23.7 | 23.07 | -14.3 | 19.67 | 25.05 | 0 | 0 | 25.37 | 2437.0 | 0.07 | -68.18 | 51.09 | 6.35 | 0.28 | 0 | 2.25 | 27.84 | 19.22 | 593.86 | 21.74 | 379.91 | -4.28 | 0 | 14.94 | 2773.08 | 0.27 | -16.44 |
| 2017 (4) | 40.4 | 487.21 | 20.04 | -16.85 | 17.34 | 2.48 | 0 | 0 | 63.77 | 18.07 | 3.01 | 0 | 17.17 | 15.16 | 26.92 | -2.47 | 15.73 | -30.52 | 0 | 0 | 1.0 | -94.17 | 0.22 | -60.71 | 48.04 | 16.29 | 0 | 0 | 1.76 | 0.0 | 2.77 | 0 | 4.53 | 0 | -2.25 | 0 | 0.52 | 0 | 0.32 | 187.09 |
| 2016 (3) | 6.88 | 63.81 | 24.1 | -16.14 | 16.92 | 89.69 | 0 | 0 | 54.01 | 0.61 | -14.88 | 0 | 14.91 | 2.97 | 27.61 | 2.34 | 22.64 | -17.34 | 0 | 0 | 17.16 | -46.79 | 0.56 | -40.43 | 41.31 | 7.8 | 0 | 0 | 1.76 | 0.0 | -15.19 | 0 | -13.43 | 0 | -2.84 | 0 | -18.03 | 0 | 0.11 | 24.36 |
| 2015 (2) | 4.2 | 2.44 | 28.74 | -22.87 | 8.92 | -34.75 | 0 | 0 | 53.68 | -6.77 | 0.27 | 0 | 14.48 | -19.96 | 26.97 | -14.14 | 27.39 | 16.65 | 0 | 0 | 32.25 | 42.2 | 0.94 | 10.59 | 38.32 | -0.05 | 0 | 0 | 1.76 | 0.0 | -0.07 | 0 | 1.69 | 0 | -0.91 | 0 | -0.98 | 0 | 0.09 | 11.21 |
| 2014 (1) | 4.1 | -42.98 | 37.26 | 10.07 | 13.67 | 8.75 | 0 | 0 | 57.58 | 5.73 | -7.43 | 0 | 18.09 | 13.56 | 31.42 | 7.41 | 23.48 | -4.86 | 0.63 | 5.0 | 22.68 | -36.29 | 0.85 | -22.02 | 38.34 | 13.84 | 4.5 | 0.0 | 1.76 | 0.0 | -10.48 | 0 | -4.21 | 0 | 0.07 | 0 | -10.41 | 0 | 0.08 | -5.18 |
| 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) | 65.15 | -6.27 | 57.67 | 2.2 | -49.66 | -80.48 | 8.3 | -28.69 | -44.03 | 0 | 0 | 0 | 23.87 | 5.02 | -9.86 | 0.07 | 250.0 | -94.35 | 18.4 | -1.23 | -8.59 | 20.95 | 1.7 | 14.66 | 27.91 | -0.53 | -6.25 | 0 | 0 | 0 | 44.06 | 43.33 | 47.41 | 0.45 | -4.26 | -13.46 | 54.27 | 0.0 | 0.15 | 7.76 | 0.0 | 7.93 | 4.08 | 0.0 | 53.96 | 13.76 | 0.44 | -27.84 | 25.61 | 0.27 | -11.41 | -2.13 | -53.24 | -0.95 | 11.63 | -5.52 | -31.43 | 0.42 | -0.79 | 23.59 |
| 24Q2 (19) | 69.51 | -24.85 | 43.35 | 4.37 | -39.56 | -53.9 | 11.64 | -26.47 | 46.23 | 0 | 0 | 0 | 22.73 | 15.21 | -10.65 | 0.02 | 0.0 | -98.82 | 18.63 | 10.63 | -11.62 | 20.60 | 13.94 | 15.02 | 28.06 | -2.5 | -12.72 | 0 | 0 | 0 | 30.74 | 13.31 | -13.16 | 0.47 | 0.0 | -11.32 | 54.27 | 0.0 | 0.15 | 7.76 | 7.93 | 7.93 | 4.08 | 53.96 | 53.96 | 13.7 | -28.68 | -23.16 | 25.54 | -12.08 | -7.7 | -1.39 | 35.65 | 67.9 | 12.31 | -27.8 | -8.81 | 0.43 | 0.13 | 26.61 |
| 24Q1 (18) | 92.5 | 141.2 | 78.64 | 7.23 | -24.77 | -9.96 | 15.83 | 0.64 | 96.89 | 0 | 0 | 0 | 19.73 | -8.28 | -27.06 | 0.02 | -66.67 | -99.26 | 16.84 | 12.34 | -23.11 | 18.08 | 21.17 | 1.89 | 28.78 | 3.56 | -8.46 | 0 | 0 | 0 | 27.13 | 3.83 | -29.37 | 0.47 | -2.08 | -18.97 | 54.27 | 0.15 | 0.33 | 7.19 | 0.0 | 43.51 | 2.65 | 0.0 | -18.71 | 19.21 | 0.1 | -38.51 | 29.05 | 0.07 | -26.47 | -2.16 | 49.88 | 11.48 | 17.05 | 14.58 | -40.8 | 0.42 | 25.07 | 36.39 |
| 23Q4 (17) | 38.35 | -7.19 | -29.3 | 9.61 | -14.73 | -3.9 | 15.73 | 6.07 | 43.92 | 0 | 0 | 0 | 21.51 | -18.77 | -31.1 | 0.06 | -95.16 | -98.61 | 14.99 | -25.53 | -39.41 | 14.92 | -18.34 | -23.56 | 27.79 | -6.65 | -10.04 | 0 | 0 | 0 | 26.13 | -12.58 | -25.96 | 0.48 | -7.69 | -14.29 | 54.19 | 0.0 | 0.18 | 7.19 | 0.0 | 43.51 | 2.65 | 0.0 | -18.71 | 19.19 | 0.63 | -32.76 | 29.03 | 0.42 | -21.14 | -4.31 | -104.27 | -62.64 | 14.88 | -12.26 | -42.53 | 0.34 | -0.52 | 9.23 |
| 23Q3 (16) | 41.32 | -14.79 | -24.27 | 11.27 | 18.88 | -19.56 | 14.83 | 86.31 | 44.26 | 0 | 0 | 0 | 26.48 | 4.09 | -22.14 | 1.24 | -26.63 | -82.41 | 20.13 | -4.51 | -29.76 | 18.27 | 2.02 | -20.4 | 29.77 | -7.4 | 6.44 | 0 | 0 | 0 | 29.89 | -15.56 | -23.65 | 0.52 | -1.89 | -5.45 | 54.19 | 0.0 | 0.18 | 7.19 | 0.0 | 43.51 | 2.65 | 0.0 | -18.71 | 19.07 | 6.95 | -20.71 | 28.91 | 4.48 | -10.55 | -2.11 | 51.27 | -6.03 | 16.96 | 25.63 | -23.12 | 0.34 | 1.63 | 8.95 |
| 23Q2 (15) | 48.49 | -6.35 | -30.36 | 9.48 | 18.06 | -56.69 | 7.96 | -1.0 | -9.44 | 0 | 0 | 0 | 25.44 | -5.95 | -18.36 | 1.69 | -37.41 | -68.7 | 21.08 | -3.74 | -26.27 | 17.91 | 0.93 | -26.62 | 32.15 | 2.26 | 23.18 | 0 | 0 | 0 | 35.4 | -7.84 | -13.13 | 0.53 | -8.62 | 10.42 | 54.19 | 0.18 | 0.18 | 7.19 | 43.51 | 43.51 | 2.65 | -18.71 | -18.71 | 17.83 | -42.93 | 4.88 | 27.67 | -29.97 | 9.5 | -4.33 | -77.46 | -94.17 | 13.5 | -53.12 | -8.6 | 0.34 | 7.86 | 4.64 |
| 23Q1 (14) | 51.78 | -4.54 | -12.03 | 8.03 | -19.7 | -58.97 | 8.04 | -26.44 | 2.42 | 0 | 0 | 0 | 27.05 | -13.36 | -10.96 | 2.7 | -37.64 | -44.56 | 21.9 | -11.48 | -19.93 | 17.74 | -9.09 | -28.11 | 31.44 | 1.78 | 27.86 | 0 | 0 | 0 | 38.41 | 8.84 | -12.17 | 0.58 | 3.57 | 16.0 | 54.09 | 0.0 | 0.0 | 5.01 | 0.0 | 27.48 | 3.26 | 0.0 | -15.1 | 31.24 | 9.46 | 61.03 | 39.51 | 7.33 | 45.42 | -2.44 | 7.92 | -62.67 | 28.8 | 11.24 | 60.89 | 0.31 | 0.16 | -1.99 |
| 22Q4 (13) | 54.24 | -0.59 | -5.46 | 10.0 | -28.62 | -49.42 | 10.93 | 6.32 | 72.4 | 0 | 0 | 0 | 31.22 | -8.2 | 6.44 | 4.33 | -38.58 | 19.94 | 24.74 | -13.68 | -5.64 | 19.52 | -14.96 | -23.03 | 30.89 | 10.44 | 30.89 | 0 | 0 | 0 | 35.29 | -9.86 | -20.71 | 0.56 | 1.82 | 14.29 | 54.09 | 0.0 | 0.0 | 5.01 | 0.0 | 27.48 | 3.26 | 0.0 | -15.1 | 28.54 | 18.67 | 96.42 | 36.81 | 13.89 | 65.07 | -2.65 | -33.17 | 18.71 | 25.89 | 17.36 | 129.72 | 0.31 | -0.77 | -0.7 |
| 22Q3 (12) | 54.56 | -21.64 | 32.33 | 14.01 | -36.0 | -39.95 | 10.28 | 16.95 | 39.67 | 0 | 0 | 0 | 34.01 | 9.15 | 29.36 | 7.05 | 30.56 | 126.69 | 28.66 | 0.24 | 20.93 | 22.95 | -5.95 | -9.36 | 27.97 | 7.16 | 23.54 | 0 | 0 | 0 | 39.15 | -3.93 | -19.25 | 0.55 | 14.58 | 10.0 | 54.09 | 0.0 | -6.16 | 5.01 | 0.0 | 27.48 | 3.26 | 0.0 | -15.1 | 24.05 | 41.47 | 121.45 | 32.32 | 27.9 | 73.48 | -1.99 | 10.76 | 40.95 | 22.06 | 49.36 | 194.53 | 0.31 | -2.39 | 5.04 |
| 22Q2 (11) | 69.63 | 18.3 | 77.4 | 21.89 | 11.85 | -16.1 | 8.79 | 11.97 | -6.39 | 0 | 0 | 0 | 31.16 | 2.57 | 25.49 | 5.4 | 10.88 | 136.84 | 28.59 | 4.53 | 29.07 | 24.40 | -1.11 | -5.18 | 26.1 | 6.14 | 22.77 | 0 | 0 | 0 | 40.75 | -6.81 | -6.3 | 0.48 | -4.0 | 2.13 | 54.09 | 0.0 | 5.87 | 5.01 | 27.48 | 46.49 | 3.26 | -15.1 | -45.12 | 17.0 | -12.37 | 44.93 | 25.27 | -6.99 | 19.88 | -2.23 | -48.67 | 34.02 | 14.77 | -17.49 | 76.89 | 0.32 | 1.03 | 6.63 |
| 22Q1 (10) | 58.86 | 2.6 | 64.05 | 19.57 | -1.01 | -20.48 | 7.85 | 23.82 | 4.53 | 0 | 0 | 0 | 30.38 | 3.58 | 32.32 | 4.87 | 34.9 | 222.52 | 27.35 | 4.31 | 22.32 | 24.68 | -2.67 | -11.87 | 24.59 | 4.19 | 13.74 | 0 | 0 | 0 | 43.73 | -1.75 | -3.44 | 0.5 | 2.04 | 4.17 | 54.09 | 0.0 | 5.87 | 3.93 | 0.0 | 14.91 | 3.84 | 0.0 | -35.35 | 19.4 | 33.52 | 104.86 | 27.17 | 21.84 | 44.37 | -1.5 | 53.99 | 56.9 | 17.9 | 58.83 | 198.83 | 0.32 | 1.48 | 5.3 |
| 21Q4 (9) | 57.37 | 39.15 | 76.14 | 19.77 | -15.26 | -10.38 | 6.34 | -13.86 | 11.62 | 0 | 0 | 0 | 29.33 | 11.56 | 50.26 | 3.61 | 16.08 | 276.04 | 26.22 | 10.63 | 42.11 | 25.36 | 0.14 | 2.0 | 23.6 | 4.24 | 2.43 | 0 | 0 | 0 | 44.51 | -8.19 | -4.36 | 0.49 | -2.0 | -5.77 | 54.09 | -6.16 | 5.87 | 3.93 | 0.0 | 14.91 | 3.84 | 0.0 | -35.35 | 14.53 | 33.79 | 85.33 | 22.3 | 19.7 | 29.73 | -3.26 | 3.26 | 15.1 | 11.27 | 50.47 | 181.75 | 0.31 | 4.96 | 2.97 |
| 21Q3 (8) | 41.23 | 5.04 | 5.75 | 23.33 | -10.58 | 3.69 | 7.36 | -21.62 | 110.89 | 0 | 0 | 0 | 26.29 | 5.88 | 40.14 | 3.11 | 36.4 | 81.87 | 23.7 | 7.0 | 46.84 | 25.32 | -1.61 | 13.2 | 22.64 | 6.49 | 11.42 | 0 | 0 | 0 | 48.48 | 11.47 | 5.44 | 0.5 | 6.38 | -5.66 | 57.64 | 12.82 | 12.82 | 3.93 | 14.91 | 14.91 | 3.84 | -35.35 | -35.35 | 10.86 | -7.42 | 56.94 | 18.63 | -11.62 | 14.43 | -3.37 | 0.3 | 41.49 | 7.49 | -10.3 | 545.69 | 0.30 | -0.91 | -1.9 |
| 21Q2 (7) | 39.25 | 9.39 | -14.91 | 26.09 | 6.01 | 17.89 | 9.39 | 25.03 | 281.71 | 0 | 0 | 0 | 24.83 | 8.14 | 33.42 | 2.28 | 50.99 | 50.99 | 22.15 | -0.94 | 30.83 | 25.73 | -8.1 | 0 | 21.26 | -1.67 | 5.09 | 0 | 0 | 0 | 43.49 | -3.97 | 1.42 | 0.47 | -2.08 | 88.0 | 51.09 | 0.0 | 0.0 | 3.42 | 0.0 | 0.0 | 5.94 | 0.0 | 0.0 | 11.73 | 23.86 | 124.71 | 21.08 | 12.01 | 44.68 | -3.38 | 2.87 | 51.51 | 8.35 | 39.4 | 577.14 | 0.30 | -0.23 | 1.03 |
| 21Q1 (6) | 35.88 | 10.16 | -25.45 | 24.61 | 11.56 | 18.72 | 7.51 | 32.22 | 285.13 | 0 | 0 | 0 | 22.96 | 17.62 | 32.49 | 1.51 | 57.29 | 49.5 | 22.36 | 21.19 | 31.68 | 28.00 | 12.65 | 0 | 21.62 | -6.16 | 7.14 | 0 | 0 | 0 | 45.29 | -2.69 | 2.89 | 0.48 | -7.69 | 100.0 | 51.09 | 0.0 | 0.0 | 3.42 | 0.0 | 56.16 | 5.94 | 0.0 | 38.79 | 9.47 | 20.79 | -39.99 | 18.82 | 9.48 | -15.42 | -3.48 | 9.38 | 45.79 | 5.99 | 49.75 | -36.0 | 0.30 | -0.77 | 7.56 |
| 20Q4 (5) | 32.57 | -16.47 | -28.87 | 22.06 | -1.96 | 23.65 | 5.68 | 62.75 | 49.08 | 0 | 0 | 0 | 19.52 | 4.05 | 11.8 | 0.96 | -43.86 | 50.0 | 18.45 | 14.31 | 9.3 | 24.86 | 11.14 | 0 | 23.04 | 13.39 | 7.92 | 0 | 0 | 0 | 46.54 | 1.22 | 11.23 | 0.52 | -1.89 | 108.0 | 51.09 | 0.0 | 0.0 | 3.42 | 0.0 | 56.16 | 5.94 | 0.0 | 38.79 | 7.84 | 13.29 | -46.96 | 17.19 | 5.59 | -19.07 | -3.84 | 33.33 | 35.35 | 4.0 | 244.83 | -54.75 | 0.30 | -0.0 | 6.71 |
| 20Q3 (4) | 38.99 | -15.48 | 0.0 | 22.5 | 1.67 | 0.0 | 3.49 | 41.87 | 0.0 | 0 | 0 | 0.0 | 18.76 | 0.81 | 0.0 | 1.71 | 13.25 | 0.0 | 16.14 | -4.67 | 0.0 | 22.37 | 0 | 0.0 | 20.32 | 0.44 | 0.0 | 0 | 0 | 0.0 | 45.98 | 7.23 | 0.0 | 0.53 | 112.0 | 0.0 | 51.09 | 0.0 | 0.0 | 3.42 | 0.0 | 0.0 | 5.94 | 0.0 | 0.0 | 6.92 | 32.57 | 0.0 | 16.28 | 11.74 | 0.0 | -5.76 | 17.36 | 0.0 | 1.16 | 166.29 | 0.0 | 0.30 | 2.05 | 0.0 |
