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) | 72.1 | 11.25 | 96.8 | 80.93 | 0.02 | -99.69 | 0 | 0 | 562.8 | 11.74 | 21.62 | -2.39 | 87.58 | 37.88 | 15.56 | 23.39 | 73.16 | 16.72 | 2.17 | 108.65 | 26.1 | 1205.0 | 0.99 | -9.17 | 20.13 | 3.23 | 13.11 | 20.5 | 1.83 | -28.52 | 53.65 | 20.26 | 68.58 | 18.14 | -2.26 | 0 | 51.39 | 20.13 | 0.01 | -37.69 |
| 2022 (9) | 64.81 | 54.75 | 53.5 | 49.9 | 6.45 | 0 | 0 | 0 | 503.67 | 46.17 | 22.15 | 43.18 | 63.52 | 27.52 | 12.61 | -12.75 | 62.68 | 75.97 | 1.04 | 38.67 | 2.0 | -81.58 | 1.09 | 1.87 | 19.5 | 1.14 | 10.88 | 16.74 | 2.56 | 53.29 | 44.61 | 33.56 | 58.05 | 30.77 | -1.83 | 0 | 42.78 | 38.72 | 0.01 | -20.28 |
| 2021 (8) | 41.88 | 39.97 | 35.69 | 141.97 | 0 | 0 | 0 | 0 | 344.59 | 37.18 | 15.47 | 69.26 | 49.81 | 28.34 | 14.45 | -6.44 | 35.62 | 24.89 | 0.75 | -24.24 | 10.86 | -34.38 | 1.07 | 101.89 | 19.28 | 2.99 | 9.32 | 10.69 | 1.67 | -1.76 | 33.4 | 32.22 | 44.39 | 25.47 | -2.56 | 0 | 30.84 | 30.73 | 0.02 | 12.84 |
| 2020 (7) | 29.92 | 16.83 | 14.75 | -51.61 | 0 | 0 | 0 | 0 | 251.2 | 3.87 | 9.14 | 30.01 | 38.81 | -25.26 | 15.45 | -28.05 | 28.52 | -8.41 | 0.99 | 22.22 | 16.55 | 727.5 | 0.53 | 211.76 | 18.72 | 0.21 | 8.42 | 9.21 | 1.7 | 84.78 | 25.26 | 12.02 | 35.38 | 13.43 | -1.67 | 0 | 23.59 | 13.14 | 0.01 | 126.85 |
| 2019 (6) | 25.61 | 18.84 | 30.48 | 15.67 | 0 | 0 | 0 | 0 | 241.83 | -0.95 | 7.03 | -11.35 | 51.93 | 19.19 | 21.47 | 20.34 | 31.14 | -18.07 | 0.81 | 28.57 | 2.0 | 0.0 | 0.17 | -10.53 | 18.68 | 0.65 | 7.71 | 11.42 | 0.92 | 0.0 | 22.55 | 2.64 | 31.19 | 4.63 | -1.7 | 0 | 20.85 | 1.41 | 0.01 | -47.4 |
| 2018 (5) | 21.55 | -6.35 | 26.35 | 30.96 | 0.12 | 0 | 0 | 0 | 244.16 | 20.8 | 7.93 | 21.44 | 43.57 | 7.16 | 17.84 | -11.29 | 38.01 | 24.62 | 0.63 | 21.15 | 2.0 | -50.0 | 0.19 | -5.0 | 18.56 | 4.86 | 6.92 | 10.37 | 0.92 | 0.0 | 21.97 | 16.06 | 29.81 | 14.13 | -1.41 | 0 | 20.56 | 13.47 | 0.01 | 0 |
| 2017 (4) | 23.01 | 31.34 | 20.12 | 5.18 | 0 | 0 | 0 | 0 | 202.12 | 8.37 | 6.53 | 26.8 | 40.66 | -3.95 | 20.12 | -11.36 | 30.5 | 16.37 | 0.52 | 36.84 | 4.0 | -16.14 | 0.2 | -9.09 | 17.7 | 7.21 | 6.27 | 9.04 | 0.92 | 0.0 | 18.93 | 13.49 | 26.12 | 11.86 | -0.81 | 0 | 18.12 | 10.42 | -0.00 | 0 |
| 2016 (3) | 17.52 | 24.7 | 19.13 | 39.53 | 0 | 0 | 0 | 0 | 186.51 | 3.43 | 5.15 | 12.2 | 42.33 | 32.2 | 22.70 | 27.81 | 26.21 | 16.59 | 0.38 | -50.0 | 4.77 | 0 | 0.22 | -4.35 | 16.51 | 0.0 | 5.75 | 8.7 | 0.92 | 0.0 | 16.68 | 8.1 | 23.35 | 7.9 | -0.27 | 0 | 16.41 | 4.59 | -0.00 | 0 |
| 2015 (2) | 14.05 | -13.7 | 13.71 | 43.71 | 0 | 0 | 0 | 0 | 180.32 | 20.49 | 4.59 | 19.22 | 32.02 | 2.01 | 17.76 | -15.34 | 22.48 | 21.32 | 0.76 | 35.71 | 0 | 0 | 0.23 | -30.3 | 16.51 | 0.0 | 5.29 | 7.74 | 0.92 | 0.0 | 15.43 | 5.18 | 21.64 | 5.56 | 0.26 | -55.17 | 15.69 | 2.89 | 0.00 | 22.62 |
| 2014 (1) | 16.28 | 22.13 | 9.54 | -3.25 | 0.02 | 0.0 | 0 | 0 | 149.65 | 6.57 | 3.85 | 72.65 | 31.39 | 13.77 | 20.98 | 6.76 | 18.53 | -0.48 | 0.56 | -23.29 | 0.03 | -40.0 | 0.33 | -13.16 | 16.51 | 0.0 | 4.91 | 4.69 | 0.92 | 0.0 | 14.67 | 14.7 | 20.5 | 11.41 | 0.58 | 383.33 | 15.25 | 18.13 | 0.00 | -5.87 |
| 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) | 74.74 | -16.28 | 23.99 | 76.74 | -12.14 | -14.7 | 0.05 | 0.0 | -97.92 | 0 | 0 | 0 | 156.12 | 1.38 | 15.22 | 5.39 | 45.28 | -6.59 | 85.07 | 6.36 | 20.67 | 13.98 | 2.76 | 10.44 | 71.86 | 1.3 | -7.23 | 2.61 | -0.76 | 26.7 | 26.38 | 0.38 | 1.42 | 0.96 | -1.03 | -5.88 | 20.13 | 0.0 | 1.16 | 15.27 | 0.0 | 16.48 | 2.26 | 0.0 | 23.5 | 52.94 | 11.34 | 4.71 | 70.47 | 8.27 | 7.59 | -0.99 | 26.67 | 10.0 | 51.95 | 12.45 | 5.03 | 0.01 | -12.57 | 14.36 |
| 24Q2 (19) | 89.27 | 26.68 | 39.55 | 87.34 | 7.44 | 36.85 | 0.05 | 25.0 | -99.06 | 0 | 0 | 0 | 153.99 | 5.36 | 13.05 | 3.71 | -23.98 | -54.65 | 79.98 | 19.14 | 25.38 | 13.61 | 15.54 | 20.26 | 70.94 | -6.92 | -3.44 | 2.63 | 25.84 | 152.88 | 26.28 | 0.38 | 1.47 | 0.97 | -3.0 | -7.62 | 20.13 | 0.0 | 2.65 | 15.27 | 16.48 | 16.48 | 2.26 | 23.5 | 23.5 | 47.55 | -18.76 | 6.14 | 65.09 | -11.39 | 8.97 | -1.35 | 6.9 | 35.41 | 46.2 | -19.06 | 8.17 | 0.01 | 1.41 | 5.07 |
| 24Q1 (18) | 70.47 | -2.26 | 7.1 | 81.29 | -16.02 | 19.23 | 0.04 | 100.0 | -99.31 | 0 | 0 | 0 | 146.15 | -3.99 | 5.25 | 4.88 | 56.41 | 7.25 | 67.13 | -23.35 | 14.75 | 11.78 | -24.33 | 9.87 | 76.21 | 4.17 | 14.36 | 2.09 | -3.69 | 106.93 | 26.18 | 0.31 | 1209.0 | 1.0 | 1.01 | -6.54 | 20.13 | 0.0 | 2.86 | 13.11 | 0.0 | 20.5 | 1.83 | 0.0 | -28.52 | 58.53 | 9.1 | 19.06 | 73.46 | 7.12 | 17.35 | -1.45 | 35.84 | 22.04 | 57.08 | 11.07 | 20.68 | 0.01 | 59.8 | -5.34 |
| 23Q4 (17) | 72.1 | 19.61 | 11.25 | 96.8 | 7.6 | 80.93 | 0.02 | -99.17 | -99.69 | 0 | 0 | 0 | 152.22 | 12.34 | 4.03 | 3.12 | -45.93 | -40.57 | 87.58 | 24.23 | 37.88 | 15.56 | 22.92 | 23.39 | 73.16 | -5.55 | 16.72 | 2.17 | 5.34 | 108.65 | 26.1 | 0.35 | 1205.0 | 0.99 | -2.94 | -9.17 | 20.13 | 1.16 | 3.23 | 13.11 | 0.0 | 20.5 | 1.83 | 0.0 | -28.52 | 53.65 | 6.11 | 20.26 | 68.58 | 4.7 | 18.14 | -2.26 | -105.45 | -23.5 | 51.39 | 3.9 | 20.13 | 0.01 | -19.29 | -37.69 |
| 23Q3 (16) | 60.28 | -5.77 | 27.28 | 89.96 | 40.96 | 70.93 | 2.4 | -54.89 | 0 | 0 | 0 | 0 | 135.5 | -0.53 | -4.87 | 5.77 | -29.46 | -30.4 | 70.5 | 10.52 | 2.8 | 12.66 | 11.9 | -12.79 | 77.46 | 5.43 | 20.35 | 2.06 | 98.08 | 126.37 | 26.01 | 0.42 | 208.18 | 1.02 | -2.86 | 0.0 | 19.9 | 1.48 | 2.05 | 13.11 | 0.0 | 20.5 | 1.83 | 0.0 | -28.52 | 50.56 | 12.86 | 29.05 | 65.5 | 9.66 | 24.48 | -1.1 | 47.37 | 14.73 | 49.46 | 15.8 | 30.54 | 0.01 | -19.67 | 8.03 |
| 23Q2 (15) | 63.97 | -2.78 | 47.26 | 63.82 | -6.39 | 77.92 | 5.32 | -7.96 | 0 | 0 | 0 | 0 | 136.22 | -1.9 | 15.21 | 8.18 | 79.78 | 66.6 | 63.79 | 9.04 | -13.76 | 11.31 | 5.57 | -36.72 | 73.47 | 10.25 | 16.95 | 1.04 | 2.97 | 38.67 | 25.9 | 1195.0 | 207.24 | 1.05 | -1.87 | 5.0 | 19.61 | 0.2 | 0.56 | 13.11 | 20.5 | 20.5 | 1.83 | -28.52 | -28.52 | 44.8 | -8.87 | 45.03 | 59.73 | -4.58 | 34.74 | -2.09 | -12.37 | -9.42 | 42.71 | -9.7 | 47.38 | 0.01 | -8.63 | 1.13 |
| 23Q1 (14) | 65.8 | 1.53 | 61.71 | 68.18 | 27.44 | 48.51 | 5.78 | -10.39 | 0 | 0 | 0 | 0 | 138.86 | -5.1 | 43.63 | 4.55 | -13.33 | 23.31 | 58.5 | -7.9 | -16.15 | 10.72 | -15.02 | -42.31 | 66.64 | 6.32 | 33.49 | 1.01 | -2.88 | 36.49 | 2.0 | 0.0 | -76.22 | 1.07 | -1.83 | 2.88 | 19.57 | 0.36 | 0.36 | 10.88 | 0.0 | 16.74 | 2.56 | 0.0 | 53.29 | 49.16 | 10.2 | 32.51 | 62.6 | 7.84 | 30.17 | -1.86 | -1.64 | 2.11 | 47.3 | 10.57 | 34.38 | 0.01 | 5.19 | 0.34 |
| 22Q4 (13) | 64.81 | 36.85 | 54.75 | 53.5 | 1.65 | 49.9 | 6.45 | 0 | 0 | 0 | 0 | 0 | 146.32 | 2.72 | 27.12 | 5.25 | -36.67 | 6.71 | 63.52 | -7.38 | 27.52 | 12.61 | -13.12 | -12.75 | 62.68 | -2.61 | 75.97 | 1.04 | 14.29 | 38.67 | 2.0 | -76.3 | -81.58 | 1.09 | 6.86 | 1.87 | 19.5 | 0.0 | 1.14 | 10.88 | 0.0 | 16.74 | 2.56 | 0.0 | 53.29 | 44.61 | 13.86 | 33.56 | 58.05 | 10.32 | 30.77 | -1.83 | -41.86 | 28.52 | 42.78 | 12.91 | 38.72 | 0.01 | 39.92 | -20.28 |
| 22Q3 (12) | 47.36 | 9.02 | 68.9 | 52.63 | 46.72 | 39.57 | 0 | 0 | 0 | 0 | 0 | 0 | 142.44 | 20.47 | 70.18 | 8.29 | 68.84 | 85.87 | 68.58 | -7.29 | 51.16 | 14.52 | -18.81 | -3.56 | 64.36 | 2.45 | 67.78 | 0.91 | 21.33 | 1.11 | 8.44 | 0.12 | -49.37 | 1.02 | 2.0 | 27.5 | 19.5 | 0.0 | 4.06 | 10.88 | 0.0 | 16.74 | 2.56 | 0.0 | 53.29 | 39.18 | 26.84 | 38.01 | 52.62 | 18.7 | 33.59 | -1.29 | 32.46 | 53.43 | 37.89 | 30.75 | 47.89 | 0.01 | -24.8 | -7.39 |
| 22Q2 (11) | 43.44 | 6.76 | 56.43 | 35.87 | -21.87 | 58.72 | 0 | 0 | 0 | 0 | 0 | 0 | 118.24 | 22.3 | 47.62 | 4.91 | 33.06 | 22.14 | 73.97 | 6.02 | 59.32 | 17.88 | -3.75 | 9.41 | 62.82 | 25.84 | 86.41 | 0.75 | 1.35 | -21.05 | 8.43 | 0.24 | -49.31 | 1.0 | -3.85 | 96.08 | 19.5 | 0.0 | 4.11 | 10.88 | 16.74 | 29.22 | 2.56 | 53.29 | 50.59 | 30.89 | -16.74 | -1.5 | 44.33 | -7.82 | 6.87 | -1.91 | -0.53 | 23.6 | 28.98 | -17.67 | 0.42 | 0.01 | -9.34 | 12.76 |
| 22Q1 (10) | 40.69 | -2.84 | 63.87 | 45.91 | 28.64 | 138.74 | 0 | 0 | 0 | 0 | 0 | 0 | 96.68 | -16.0 | 47.18 | 3.69 | -25.0 | 77.4 | 69.77 | 40.07 | 49.34 | 18.58 | 28.51 | 4.14 | 49.92 | 40.15 | 58.33 | 0.74 | -1.33 | -22.92 | 8.41 | -22.56 | -49.31 | 1.04 | -2.8 | 108.0 | 19.5 | 1.14 | 4.11 | 9.32 | 0.0 | 10.69 | 1.67 | 0.0 | -1.76 | 37.1 | 11.08 | 35.7 | 48.09 | 8.34 | 28.38 | -1.9 | 25.78 | 2.06 | 35.2 | 14.14 | 38.58 | 0.01 | -16.43 | 7.14 |
| 21Q4 (9) | 41.88 | 49.36 | 39.97 | 35.69 | -5.36 | 141.97 | 0 | 0 | 0 | 0 | 0 | 0 | 115.1 | 37.51 | 59.95 | 4.92 | 10.31 | 141.18 | 49.81 | 9.79 | 28.34 | 14.45 | -3.96 | -6.44 | 35.62 | -7.14 | 24.89 | 0.75 | -16.67 | -24.24 | 10.86 | -34.85 | -34.38 | 1.07 | 33.75 | 101.89 | 19.28 | 2.88 | 2.99 | 9.32 | 0.0 | 10.69 | 1.67 | 0.0 | -1.76 | 33.4 | 17.65 | 32.22 | 44.39 | 12.69 | 25.47 | -2.56 | 7.58 | -53.29 | 30.84 | 20.37 | 30.73 | 0.02 | 62.56 | 12.84 |
| 21Q3 (8) | 28.04 | 0.97 | -7.43 | 37.71 | 66.86 | 10.49 | 0 | 0 | 0 | 0 | 0 | 0 | 83.7 | 4.49 | 26.09 | 4.46 | 10.95 | 90.6 | 45.37 | -2.28 | -4.2 | 15.05 | -7.9 | -21.94 | 38.36 | 13.83 | 28.42 | 0.9 | -5.26 | -8.16 | 16.67 | 0.24 | 733.5 | 0.8 | 56.86 | 48.15 | 18.74 | 0.05 | 0.16 | 9.32 | 10.69 | 10.69 | 1.67 | -1.76 | -1.76 | 28.39 | -9.47 | 21.79 | 39.39 | -5.04 | 17.83 | -2.77 | -10.8 | -67.88 | 25.62 | -11.23 | 18.28 | 0.01 | -8.44 | 17.94 |
| 21Q2 (7) | 27.77 | 11.84 | 10.64 | 22.6 | 17.52 | -38.45 | 0 | 0 | 0 | 0 | 0 | 0 | 80.1 | 21.94 | 38.39 | 4.02 | 93.27 | 64.75 | 46.43 | -0.62 | 4.9 | 16.34 | -8.39 | 0 | 33.7 | 6.88 | -3.38 | 0.95 | -1.04 | -5.94 | 16.63 | 0.24 | 731.5 | 0.51 | 2.0 | -10.53 | 18.73 | 0.0 | 0.11 | 8.42 | 0.0 | 0.0 | 1.7 | 0.0 | 0.0 | 31.36 | 14.7 | 49.55 | 41.48 | 10.73 | 33.42 | -2.5 | -28.87 | -35.87 | 28.86 | 13.62 | 50.86 | 0.01 | -13.86 | 5.7 |
| 21Q1 (6) | 24.83 | -17.01 | -6.37 | 19.23 | 30.37 | -43.21 | 0 | 0 | 0 | 0 | 0 | 0 | 65.69 | -8.71 | 19.48 | 2.08 | 1.96 | -10.34 | 46.72 | 20.38 | 18.07 | 17.84 | 15.46 | 0 | 31.53 | 10.55 | -7.07 | 0.96 | -3.03 | -4.95 | 16.59 | 0.24 | 729.5 | 0.5 | -5.66 | -12.28 | 18.73 | 0.05 | 0.11 | 8.42 | 0.0 | 9.21 | 1.7 | 0.0 | 84.78 | 27.34 | 8.23 | 9.93 | 37.46 | 5.88 | 11.79 | -1.94 | -16.17 | -19.75 | 25.4 | 7.67 | 9.25 | 0.01 | -11.98 | 9.1 |
| 20Q4 (5) | 29.92 | -1.22 | 16.83 | 14.75 | -56.78 | -51.61 | 0 | 0 | 0 | 0 | 0 | 0 | 71.96 | 8.41 | 8.39 | 2.04 | -12.82 | 23.64 | 38.81 | -18.05 | -25.26 | 15.45 | -19.87 | 0 | 28.52 | -4.52 | -8.41 | 0.99 | 1.02 | 22.22 | 16.55 | 727.5 | 727.5 | 0.53 | -1.85 | 211.76 | 18.72 | 0.05 | 0.21 | 8.42 | 0.0 | 9.21 | 1.7 | 0.0 | 84.78 | 25.26 | 8.37 | 12.02 | 35.38 | 5.83 | 13.43 | -1.67 | -1.21 | 1.76 | 23.59 | 8.91 | 13.14 | 0.01 | 69.89 | 126.85 |
| 20Q3 (4) | 30.29 | 20.68 | 0.0 | 34.13 | -7.05 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 66.38 | 14.69 | 0.0 | 2.34 | -4.1 | 0.0 | 47.36 | 7.0 | 0.0 | 19.28 | 0 | 0.0 | 29.87 | -14.36 | 0.0 | 0.98 | -2.97 | 0.0 | 2.0 | 0.0 | 0.0 | 0.54 | -5.26 | 0.0 | 18.71 | 0.0 | 0.0 | 8.42 | 0.0 | 0.0 | 1.7 | 0.0 | 0.0 | 23.31 | 11.16 | 0.0 | 33.43 | 7.53 | 0.0 | -1.65 | 10.33 | 0.0 | 21.66 | 13.23 | 0.0 | 0.01 | -17.94 | 0.0 |
