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) | 98.95 | 25.03 | 61.17 | 64.61 | 0 | 0 | 0 | 0 | 228.79 | -5.66 | 31.59 | 27.74 | 72.76 | -6.3 | 31.80 | -0.68 | 34.59 | -12.47 | 25.17 | 0.56 | 31.29 | -24.31 | 1.11 | 1.83 | 47.43 | 0.0 | 18.0 | 15.98 | 0 | 0 | 86.89 | 23.93 | 104.89 | 22.49 | 15.87 | 67.23 | 102.76 | 29.1 | 0.01 | -44.47 |
| 2022 (9) | 79.14 | 94.26 | 37.16 | -21.3 | 0 | 0 | 0 | 0 | 242.51 | -12.2 | 24.73 | -14.46 | 77.65 | -13.9 | 32.02 | -1.94 | 39.52 | -20.08 | 25.03 | 28.16 | 41.34 | 24.11 | 1.09 | 13.54 | 47.43 | 0.0 | 15.52 | 22.88 | 0 | 0 | 70.11 | 24.07 | 85.63 | 23.85 | 9.49 | 24.05 | 79.6 | 24.06 | 0.02 | -9.5 |
| 2021 (8) | 40.74 | 0.54 | 47.22 | 15.23 | 3.69 | 0 | 0 | 0 | 276.21 | 21.06 | 28.91 | 63.98 | 90.19 | 15.04 | 32.65 | -4.97 | 49.45 | -4.59 | 19.53 | 20.93 | 33.31 | -11.41 | 0.96 | -3.03 | 47.43 | -7.99 | 12.63 | 16.19 | 0 | 0 | 56.51 | 65.28 | 69.14 | 53.44 | 7.65 | -64.89 | 64.16 | 14.61 | 0.02 | -5.83 |
| 2020 (7) | 40.52 | 9.28 | 40.98 | 7.28 | 0 | 0 | 0 | 0 | 228.16 | 4.44 | 17.63 | 71.17 | 78.4 | 12.58 | 34.36 | 7.79 | 51.83 | 9.86 | 16.15 | 2.74 | 37.6 | 8.42 | 0.99 | -6.6 | 51.55 | 0.0 | 10.87 | 10.47 | 0 | 0 | 34.19 | 69.34 | 45.06 | 50.05 | 21.79 | -24.31 | 55.98 | 14.29 | 0.02 | -25.08 |
| 2019 (6) | 37.08 | 6.58 | 38.2 | -5.8 | 15.0 | 220.51 | 0 | 0 | 218.46 | -2.03 | 10.3 | 84.92 | 69.64 | -8.62 | 31.88 | -6.73 | 47.18 | 48.65 | 15.72 | 16.96 | 34.68 | -29.74 | 1.06 | -23.19 | 51.55 | 0.0 | 9.84 | 6.03 | 0 | 0 | 20.19 | 27.87 | 30.03 | 19.78 | 28.79 | 49.4 | 48.98 | 39.7 | 0.03 | 78.6 |
| 2018 (5) | 34.79 | 12.99 | 40.55 | 24.42 | 4.68 | 75.94 | 0 | 0 | 222.98 | 8.02 | 5.57 | 36.19 | 76.21 | 11.3 | 34.18 | 3.04 | 31.74 | 19.82 | 13.44 | -0.22 | 49.36 | 4.64 | 1.38 | 1.47 | 51.55 | 0.0 | 9.28 | 4.62 | 0 | 0 | 15.79 | 15.51 | 25.07 | 11.22 | 19.27 | 141.18 | 35.06 | 61.87 | 0.02 | 209.58 |
| 2017 (4) | 30.79 | -29.96 | 32.59 | 10.36 | 2.66 | -78.74 | 0 | 0 | 206.43 | -8.2 | 4.09 | -25.36 | 68.47 | 4.58 | 33.17 | 13.92 | 26.49 | -9.53 | 13.47 | 11.6 | 47.17 | 35.0 | 1.36 | -9.33 | 51.55 | -3.01 | 8.87 | 6.61 | 0 | 0 | 13.67 | 12.33 | 22.54 | 9.95 | 7.99 | 10.06 | 21.66 | 11.48 | 0.00 | 17.27 |
| 2016 (3) | 43.96 | 9.76 | 29.53 | 30.78 | 12.51 | 29.77 | 0 | 0 | 224.87 | -3.35 | 5.48 | 0 | 65.47 | 2.57 | 29.11 | 6.13 | 29.28 | 2.81 | 12.07 | 4.68 | 34.94 | -28.05 | 1.5 | -3.23 | 53.15 | 0.0 | 8.32 | 0.0 | 0 | 0 | 12.17 | 147.36 | 20.5 | 36.85 | 7.26 | -18.34 | 19.43 | 40.7 | 0.00 | 4.04 |
| 2015 (2) | 40.05 | 66.53 | 22.58 | -36.32 | 9.64 | -18.86 | 0 | 0 | 232.67 | -22.59 | -3.39 | 0 | 63.83 | -21.55 | 27.43 | 1.35 | 28.48 | 6.23 | 11.53 | -1.28 | 48.56 | -12.85 | 1.55 | -42.38 | 53.15 | 0.0 | 8.32 | 1.59 | 1.73 | 0.0 | 4.92 | -41.57 | 14.98 | -18.37 | 8.89 | 67.74 | 13.81 | 0.66 | 0.00 | 4.48 |
| 2014 (1) | 24.05 | -31.97 | 35.46 | 29.04 | 11.88 | -20.27 | 0 | 0 | 300.58 | -9.43 | 1.35 | 0 | 81.36 | 2.19 | 27.07 | 12.83 | 26.81 | -12.3 | 11.68 | 115.9 | 55.72 | 37.72 | 2.69 | 5.49 | 53.15 | 0.0 | 8.19 | 0.0 | 1.73 | -68.37 | 8.42 | 152.85 | 18.35 | 8.07 | 5.3 | 0 | 13.72 | 556.46 | 0.00 | 20.95 |
| 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) | 90.57 | -6.35 | -8.14 | 77.45 | 44.6 | 36.12 | 1.33 | 9.92 | 0 | 0 | 0 | 0 | 58.95 | 3.77 | -3.09 | 9.02 | 4.52 | -25.27 | 76.63 | 1.64 | -5.34 | 34.32 | 2.5 | -1.91 | 32.93 | -8.86 | -11.95 | 28.31 | -1.19 | 12.12 | 29.96 | 0.0 | -4.16 | 1.14 | -2.56 | -1.72 | 47.43 | 0.0 | 0.0 | 21.15 | 0.0 | 17.5 | 0 | 0 | 0 | 91.57 | 10.93 | 14.76 | 112.72 | 8.7 | 15.27 | 21.79 | -17.31 | -3.5 | 113.36 | 4.1 | 10.74 | 0.01 | -3.25 | -25.64 |
| 24Q2 (19) | 96.71 | -3.81 | 9.2 | 53.56 | -0.58 | 16.06 | 1.21 | -35.29 | 0 | 0 | 0 | 0 | 56.81 | 10.85 | -3.87 | 8.63 | 48.03 | 33.38 | 75.39 | 3.56 | -1.46 | 33.48 | 4.61 | 2.35 | 36.13 | 0.0 | 4.03 | 28.65 | 11.65 | 14.83 | 29.96 | 1.9 | -4.19 | 1.17 | 1.74 | 6.36 | 47.43 | 0.0 | 0.0 | 21.15 | 17.5 | 17.5 | 0 | 0 | 0 | 82.55 | -10.98 | 21.9 | 103.7 | -6.34 | 20.99 | 26.35 | 14.37 | 94.32 | 108.9 | -5.93 | 33.98 | 0.01 | -19.72 | -38.89 |
| 24Q1 (18) | 100.54 | 1.61 | 20.71 | 53.87 | -11.93 | 8.48 | 1.87 | 0 | 0 | 0 | 0 | 0 | 51.25 | -8.94 | -2.53 | 5.83 | -17.89 | -1.85 | 72.8 | 0.05 | 1.27 | 32.01 | 0.64 | 3.53 | 36.13 | 4.45 | -2.82 | 25.66 | 1.95 | 0.98 | 29.4 | -6.04 | -6.16 | 1.15 | 3.6 | 6.48 | 47.43 | 0.0 | 0.0 | 18.0 | 0.0 | 15.98 | 0 | 0 | 0 | 92.73 | 6.72 | 21.93 | 110.72 | 5.56 | 20.91 | 23.04 | 45.18 | 106.27 | 115.77 | 12.66 | 32.73 | 0.01 | -6.96 | -46.2 |
| 23Q4 (17) | 98.95 | 0.35 | 25.03 | 61.17 | 7.5 | 64.61 | 0 | 0 | 0 | 0 | 0 | 0 | 56.28 | -7.48 | -4.38 | 7.1 | -41.18 | 38.67 | 72.76 | -10.12 | -6.3 | 31.80 | -9.1 | -0.67 | 34.59 | -7.51 | -12.47 | 25.17 | -0.32 | 0.56 | 31.29 | 0.1 | -24.31 | 1.11 | -4.31 | 1.83 | 47.43 | 0.0 | 0.0 | 18.0 | 0.0 | 15.98 | 0 | 0 | 0 | 86.89 | 8.9 | 23.93 | 104.89 | 7.26 | 22.49 | 15.87 | -29.72 | 67.23 | 102.76 | 0.38 | 29.1 | 0.01 | 2.9 | -44.47 |
| 23Q3 (16) | 98.6 | 11.34 | 44.28 | 56.9 | 23.29 | 14.95 | 0 | 0 | 0 | 0 | 0 | 0 | 60.83 | 2.93 | -3.96 | 12.07 | 86.55 | 66.25 | 80.95 | 5.8 | -9.18 | 34.99 | 6.95 | 0.07 | 37.4 | 7.69 | -9.94 | 25.25 | 1.2 | 0.88 | 31.26 | -0.03 | -0.1 | 1.16 | 5.45 | 2.65 | 47.43 | 0.0 | 0.0 | 18.0 | 0.0 | 15.98 | 0 | 0 | 0 | 79.79 | 17.82 | 22.79 | 97.79 | 14.09 | 21.48 | 22.58 | 66.52 | 53.4 | 102.37 | 25.95 | 28.44 | 0.01 | -20.49 | -43.9 |
| 23Q2 (15) | 88.56 | 6.33 | 45.83 | 46.15 | -7.07 | -4.94 | 0 | 0 | -100.0 | 0 | 0 | 0 | 59.1 | 12.4 | 2.32 | 6.47 | 8.92 | 15.54 | 76.51 | 6.43 | -5.71 | 32.71 | 5.82 | 6.3 | 34.73 | -6.59 | -20.07 | 24.95 | -1.81 | 20.76 | 31.27 | -0.19 | 0.03 | 1.1 | 1.85 | 4.76 | 47.43 | 0.0 | 0.0 | 18.0 | 15.98 | 15.98 | 0 | 0 | 0 | 67.72 | -10.95 | 17.35 | 85.71 | -6.4 | 17.03 | 13.56 | 21.4 | 129.44 | 81.28 | -6.81 | 27.76 | 0.01 | -29.32 | -33.98 |
| 23Q1 (14) | 83.29 | 5.24 | 56.59 | 49.66 | 33.64 | -6.32 | 0 | 0 | -100.0 | 0 | 0 | 0 | 52.58 | -10.67 | -15.95 | 5.94 | 16.02 | -12.0 | 71.89 | -7.42 | -16.39 | 30.92 | -3.44 | -1.53 | 37.18 | -5.92 | -26.57 | 25.41 | 1.52 | 23.65 | 31.33 | -24.21 | -0.1 | 1.08 | -0.92 | 6.93 | 47.43 | 0.0 | 0.0 | 15.52 | 0.0 | 22.88 | 0 | 0 | 0 | 76.05 | 8.47 | 20.22 | 91.57 | 6.94 | 20.66 | 11.17 | 17.7 | 18.2 | 87.22 | 9.57 | 19.96 | 0.02 | -3.98 | -11.36 |
| 22Q4 (13) | 79.14 | 15.8 | 94.26 | 37.16 | -24.93 | -21.3 | 0 | 0 | -100.0 | 0 | 0 | 0 | 58.86 | -7.07 | -17.41 | 5.12 | -29.48 | -21.83 | 77.65 | -12.88 | -13.9 | 32.02 | -8.42 | -1.94 | 39.52 | -4.84 | -20.08 | 25.03 | 0.0 | 28.16 | 41.34 | 32.12 | 24.11 | 1.09 | -3.54 | 13.54 | 47.43 | 0.0 | 0.0 | 15.52 | 0.0 | 22.88 | 0 | 0 | 0 | 70.11 | 7.89 | 24.07 | 85.63 | 6.37 | 23.85 | 9.49 | -35.53 | 24.05 | 79.6 | -0.13 | 24.06 | 0.02 | 3.96 | -9.5 |
| 22Q3 (12) | 68.34 | 12.53 | 59.86 | 49.5 | 1.96 | 9.66 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 63.34 | 9.66 | -12.13 | 7.26 | 29.64 | -20.57 | 89.13 | 9.85 | 2.98 | 34.96 | 13.61 | 8.88 | 41.53 | -4.42 | -22.11 | 25.03 | 21.15 | 35.81 | 31.29 | 0.1 | -0.51 | 1.13 | 7.62 | 16.49 | 47.43 | 0.0 | 0.0 | 15.52 | 0.0 | 22.88 | 0 | 0 | 0 | 64.98 | 12.6 | 30.04 | 80.5 | 9.91 | 28.59 | 14.72 | 149.07 | 141.71 | 79.7 | 25.28 | 42.17 | 0.02 | -6.43 | -10.63 |
| 22Q2 (11) | 60.73 | 14.18 | 47.05 | 48.55 | -8.41 | 18.53 | 2.25 | -25.0 | -0.44 | 0 | 0 | 0 | 57.76 | -7.67 | -15.0 | 5.6 | -17.04 | -12.64 | 81.14 | -5.63 | -1.95 | 30.77 | -1.98 | -3.38 | 43.45 | -14.18 | -19.76 | 20.66 | 0.54 | 23.05 | 31.26 | -0.32 | -2.89 | 1.05 | 3.96 | 8.25 | 47.43 | 0.0 | -7.99 | 15.52 | 22.88 | 22.88 | 0 | 0 | 0 | 57.71 | -8.77 | 41.38 | 73.24 | -3.49 | 37.03 | 5.91 | -37.46 | -67.44 | 63.62 | -12.5 | 7.89 | 0.02 | -5.1 | 11.25 |
| 22Q1 (10) | 53.19 | 30.56 | 50.38 | 53.01 | 12.26 | 39.13 | 3.0 | -18.7 | 476.92 | 0 | 0 | 0 | 62.56 | -12.22 | -3.62 | 6.75 | 3.05 | -0.88 | 85.98 | -4.67 | 4.65 | 31.40 | -3.85 | -5.22 | 50.63 | 2.39 | -2.28 | 20.55 | 5.22 | 23.8 | 31.36 | -5.85 | -7.71 | 1.01 | 5.21 | 2.02 | 47.43 | 0.0 | -7.99 | 12.63 | 0.0 | 16.19 | 0 | 0 | 0 | 63.26 | 11.94 | 56.97 | 75.89 | 9.76 | 48.31 | 9.45 | 23.53 | -62.2 | 72.71 | 13.33 | 11.35 | 0.02 | -1.96 | -22.06 |
| 21Q4 (9) | 40.74 | -4.7 | 0.54 | 47.22 | 4.61 | 15.23 | 3.69 | 23.41 | 0 | 0 | 0 | 0 | 71.27 | -1.12 | 10.34 | 6.55 | -28.34 | 8.44 | 90.19 | 4.21 | 15.04 | 32.65 | 1.69 | -4.97 | 49.45 | -7.26 | -4.59 | 19.53 | 5.97 | 20.93 | 33.31 | 5.91 | -11.41 | 0.96 | -1.03 | -3.03 | 47.43 | 0.0 | -7.99 | 12.63 | 0.0 | 16.19 | 0 | 0 | 0 | 56.51 | 13.09 | 65.28 | 69.14 | 10.45 | 53.44 | 7.65 | 25.62 | -64.89 | 64.16 | 14.45 | 14.61 | 0.02 | 2.67 | -5.83 |
| 21Q3 (8) | 42.75 | 3.51 | 21.93 | 45.14 | 10.21 | -11.16 | 2.99 | 32.3 | 0 | 0 | 0 | 0 | 72.08 | 6.08 | 15.59 | 9.14 | 42.59 | 47.66 | 86.55 | 4.59 | 9.49 | 32.11 | 0.82 | -11.15 | 53.32 | -1.53 | -1.48 | 18.43 | 9.77 | 18.9 | 31.45 | -2.3 | -15.43 | 0.97 | 0.0 | -4.9 | 47.43 | -7.99 | -7.99 | 12.63 | 0.0 | 16.19 | 0 | 0 | 0 | 49.97 | 22.42 | 77.32 | 62.6 | 17.12 | 60.31 | 6.09 | -66.45 | -48.69 | 56.06 | -4.93 | 39.98 | 0.02 | 16.47 | -27.39 |
| 21Q2 (7) | 41.3 | 16.77 | 68.64 | 40.96 | 7.51 | 12.5 | 2.26 | 334.62 | -84.93 | 0 | 0 | 0 | 67.95 | 4.68 | 20.95 | 6.41 | -5.87 | 45.68 | 82.75 | 0.72 | 17.61 | 31.85 | -3.84 | 0 | 54.15 | 4.52 | -1.88 | 16.79 | 1.14 | 8.81 | 32.19 | -5.27 | -11.54 | 0.97 | -2.02 | -6.73 | 51.55 | 0.0 | 0.0 | 12.63 | 16.19 | 16.19 | 0 | 0 | 0 | 40.82 | 1.29 | 85.63 | 53.45 | 4.46 | 62.66 | 18.15 | -27.4 | 3.95 | 58.97 | -9.69 | 49.48 | 0.02 | -33.52 | -39.12 |
| 21Q1 (6) | 35.37 | -12.71 | 9.3 | 38.1 | -7.03 | -0.42 | 0.52 | 0 | -93.07 | 0 | 0 | 0 | 64.91 | 0.5 | 44.12 | 6.81 | 12.75 | 574.26 | 82.16 | 4.8 | 31.77 | 33.12 | -3.6 | 0 | 51.81 | -0.04 | -1.41 | 16.6 | 2.79 | 7.03 | 33.98 | -9.63 | -21.94 | 0.99 | 0.0 | -7.48 | 51.55 | 0.0 | 0.0 | 10.87 | 0.0 | 10.47 | 0 | 0 | 0 | 40.3 | 17.87 | 90.09 | 51.17 | 13.56 | 64.85 | 25.0 | 14.73 | 43.51 | 65.3 | 16.65 | 69.08 | 0.02 | 18.45 | -11.93 |
| 20Q4 (5) | 40.52 | 15.57 | 9.28 | 40.98 | -19.35 | 7.28 | 0 | 0 | -100.0 | 0 | 0 | 0 | 64.59 | 3.58 | 17.12 | 6.04 | -2.42 | 120.44 | 78.4 | -0.82 | 12.58 | 34.36 | -4.93 | 0 | 51.83 | -4.23 | 9.86 | 16.15 | 4.19 | 2.74 | 37.6 | 1.1 | 8.42 | 0.99 | -2.94 | -6.6 | 51.55 | 0.0 | 0.0 | 10.87 | 0.0 | 10.47 | 0 | 0 | 0 | 34.19 | 21.33 | 69.34 | 45.06 | 15.39 | 50.05 | 21.79 | 83.57 | -24.31 | 55.98 | 39.78 | 14.29 | 0.02 | -20.84 | -25.08 |
| 20Q3 (4) | 35.06 | 43.16 | 0.0 | 50.81 | 39.55 | 0.0 | 0 | -100.0 | 0.0 | 0 | 0 | 0.0 | 62.36 | 11.0 | 0.0 | 6.19 | 40.68 | 0.0 | 79.05 | 12.35 | 0.0 | 36.14 | 0 | 0.0 | 54.12 | -1.94 | 0.0 | 15.5 | 0.45 | 0.0 | 37.19 | 2.2 | 0.0 | 1.02 | -1.92 | 0.0 | 51.55 | 0.0 | 0.0 | 10.87 | 0.0 | 0.0 | 0 | 0 | 0.0 | 28.18 | 28.15 | 0.0 | 39.05 | 18.84 | 0.0 | 11.87 | -32.02 | 0.0 | 40.05 | 1.52 | 0.0 | 0.03 | -2.33 | 0.0 |
