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) | 55.94 | 7.29 | 26.46 | 7.3 | 2.75 | 1517.65 | 0 | 0 | 250.79 | -13.91 | 6.77 | -63.5 | 114.98 | -5.12 | 45.85 | 10.2 | 30.14 | 10.36 | 0.42 | -12.5 | 23.46 | 39.89 | 0.09 | 0.0 | 36.3 | 0.0 | 23.17 | 5.32 | 2.81 | -45.33 | 45.51 | -6.11 | 71.49 | -5.45 | -5.53 | 0 | 39.98 | -12.44 | 0.00 | 0 |
| 2022 (9) | 52.14 | 17.88 | 24.66 | 15.72 | 0.17 | 0 | 0 | 0 | 291.3 | -10.44 | 18.55 | -41.02 | 121.19 | -8.6 | 41.60 | 2.05 | 27.31 | -47.15 | 0.48 | 0 | 16.77 | 0 | 0.09 | 12.5 | 36.3 | -5.22 | 22.0 | 16.71 | 5.14 | 15.51 | 48.47 | -18.93 | 75.61 | -9.0 | -2.81 | 0 | 45.66 | -16.45 | 0.00 | 0 |
| 2021 (8) | 44.23 | 34.56 | 21.31 | -4.48 | 0 | 0 | 0 | 0 | 325.25 | 27.94 | 31.45 | 17.97 | 132.6 | 22.63 | 40.77 | -4.15 | 51.67 | 59.33 | 0 | 0 | 0 | 0 | 0.08 | -11.11 | 38.3 | 15.02 | 18.85 | 16.43 | 4.45 | -23.67 | 59.79 | 29.28 | 83.09 | 21.71 | -5.14 | 0 | 54.65 | 30.74 | 0.00 | 0 |
| 2020 (7) | 32.87 | -7.09 | 22.31 | -33.9 | 0.88 | -25.42 | 0 | 0 | 254.22 | 6.86 | 26.66 | 8.24 | 108.13 | 2.02 | 42.53 | -4.53 | 32.43 | 21.73 | 0 | 0 | 16.4 | 27.33 | 0.09 | -10.0 | 33.3 | 9.9 | 16.19 | 18.0 | 5.83 | 183.01 | 46.25 | 8.87 | 68.27 | 17.18 | -4.45 | 0 | 41.8 | 14.05 | 0.00 | 0 |
| 2019 (6) | 35.38 | -4.3 | 33.75 | 3.59 | 1.18 | 0.0 | 0 | 0 | 237.91 | 6.2 | 24.63 | 38.76 | 105.99 | 20.35 | 44.55 | 13.32 | 26.64 | 67.44 | 0 | 0 | 12.88 | 42.16 | 0.1 | 11.11 | 30.3 | 0.0 | 13.72 | 14.81 | 2.06 | 0 | 42.48 | 27.95 | 58.26 | 29.04 | -5.83 | 0 | 36.65 | 17.69 | 0.00 | 0 |
| 2018 (5) | 36.97 | 10.13 | 32.58 | 47.62 | 1.18 | -71.77 | 0 | 0 | 224.02 | 5.6 | 17.75 | 42.57 | 88.07 | 6.33 | 39.31 | 0.69 | 15.91 | 3.24 | 0 | 0 | 9.06 | 9.95 | 0.09 | 0.0 | 30.3 | 0.0 | 11.95 | 11.68 | 0 | 0 | 33.2 | 36.07 | 45.15 | 28.63 | -2.06 | 0 | 31.14 | 22.94 | 0.00 | 0 |
| 2017 (4) | 33.57 | -8.0 | 22.07 | -16.08 | 4.18 | 49.82 | 0 | 0 | 212.14 | 7.78 | 12.45 | 30.78 | 82.83 | 9.67 | 39.04 | 1.75 | 15.41 | 24.27 | 0 | 0 | 8.24 | 11.65 | 0.09 | -62.5 | 30.3 | 0.0 | 10.7 | 9.74 | 0 | 0 | 24.4 | 19.14 | 35.1 | 16.11 | 0.93 | -54.19 | 25.33 | 12.53 | 0.00 | 0 |
| 2016 (3) | 36.49 | 45.96 | 26.3 | 9.63 | 2.79 | -25.0 | 0 | 0 | 196.82 | 3.17 | 9.52 | 58.67 | 75.53 | 1.96 | 38.38 | -1.18 | 12.4 | 28.9 | 0 | 0 | 7.38 | 3.07 | 0.24 | -33.33 | 30.3 | -1.62 | 9.75 | 6.56 | 0 | 0 | 20.48 | 19.91 | 30.23 | 15.25 | 2.03 | -66.28 | 22.51 | -2.55 | 0.00 | 0 |
| 2015 (2) | 25.0 | 31.37 | 23.99 | 66.83 | 3.72 | -5.82 | 0 | 0 | 190.77 | -5.31 | 6.0 | 13.21 | 74.08 | -2.58 | 38.83 | 2.88 | 9.62 | -5.03 | 0.23 | -4.17 | 7.16 | -51.88 | 0.36 | -25.0 | 30.8 | -5.93 | 9.15 | 6.15 | 0 | 0 | 17.08 | -2.62 | 26.23 | 0.23 | 6.02 | -15.33 | 23.1 | -6.29 | 0.00 | 0 |
| 2014 (1) | 19.03 | 8.31 | 14.38 | 24.83 | 3.95 | 0 | 0 | 0 | 201.46 | 2.08 | 5.3 | -35.13 | 76.04 | 7.78 | 37.74 | 5.58 | 10.13 | 9.4 | 0.24 | -20.0 | 14.88 | 117.86 | 0.48 | -18.64 | 32.74 | -1.5 | 8.62 | 10.37 | 0 | 0 | 17.54 | -20.05 | 26.17 | -12.36 | 7.11 | 75.12 | 24.65 | -5.19 | 0.00 | 0 |
| 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) | 52.73 | 2.61 | -12.55 | 32.31 | 15.39 | 31.18 | 13.15 | 223.1 | 1345.05 | 0 | 0 | 0 | 79.63 | 4.83 | 19.83 | 2.49 | 24.5 | 5.96 | 129.09 | -2.81 | 12.55 | 45.36 | -7.31 | -0.35 | 43.08 | -5.05 | 52.01 | 0.38 | -2.56 | -13.64 | 17.42 | -34.98 | -33.0 | 0.22 | 0.0 | 0.0 | 36.3 | 0.0 | 0.0 | 23.84 | 0.0 | -0.08 | 5.53 | 0.0 | 96.8 | 42.7 | 6.19 | 2.77 | 72.07 | 3.58 | 5.64 | 3.65 | -24.9 | 301.1 | 46.35 | 2.84 | 9.16 | 0.00 | 0 | 0 |
| 24Q2 (19) | 51.39 | -5.15 | 9.53 | 28.0 | 0.47 | 89.96 | 4.07 | 17.97 | 481.43 | 0 | 0 | 0 | 75.96 | 23.41 | 39.89 | 2.0 | 29.87 | 376.19 | 132.82 | 11.59 | 28.14 | 48.94 | 2.68 | 17.59 | 45.37 | 47.54 | 87.32 | 0.39 | -4.88 | -13.33 | 26.79 | -3.15 | 4.69 | 0.22 | -4.35 | 0.0 | 36.3 | 0.0 | 0.0 | 23.84 | 2.89 | -0.08 | 5.53 | 96.8 | 96.8 | 40.21 | -3.34 | 2.58 | 69.58 | 2.96 | 5.62 | 4.86 | 78.68 | 168.45 | 45.07 | 1.69 | 40.4 | 0.00 | 0 | 0 |
| 24Q1 (18) | 54.18 | -3.15 | -4.63 | 27.87 | 5.33 | 16.81 | 3.45 | 25.45 | 1929.41 | 0 | 0 | 0 | 61.55 | -8.73 | -1.68 | 1.54 | -52.76 | 108.11 | 119.03 | 3.52 | 1.8 | 47.66 | 3.96 | 10.56 | 30.75 | 2.02 | 20.31 | 0.41 | -2.38 | -12.77 | 27.66 | 17.9 | 10.73 | 0.23 | 155.56 | 0.0 | 36.3 | 0.0 | 0.0 | 23.17 | 0.0 | 5.32 | 2.81 | 0.0 | -45.33 | 41.6 | -8.59 | 8.56 | 67.58 | -5.47 | 3.24 | 2.72 | 149.19 | 250.28 | 44.32 | 10.86 | 21.39 | 0.00 | 0 | 0 |
| 23Q4 (17) | 55.94 | -7.23 | 7.29 | 26.46 | 7.43 | 7.3 | 2.75 | 202.2 | 1517.65 | 0 | 0 | 0 | 67.44 | 1.49 | -1.73 | 3.26 | 38.72 | -2.4 | 114.98 | 0.24 | -5.12 | 45.85 | 0.72 | 10.2 | 30.14 | 6.35 | 10.36 | 0.42 | -4.55 | -12.5 | 23.46 | -9.77 | 39.89 | 0.09 | -59.09 | 0.0 | 36.3 | 0.0 | 0.0 | 23.17 | -2.89 | 5.32 | 2.81 | 0.0 | -45.33 | 45.51 | 9.53 | -6.11 | 71.49 | 4.79 | -5.45 | -5.53 | -707.69 | -96.8 | 39.98 | -5.84 | -12.44 | 0.00 | 0 | 0 |
| 23Q3 (16) | 60.3 | 28.52 | 39.91 | 24.63 | 67.1 | -25.84 | 0.91 | 30.0 | 0 | 0 | 0 | 0 | 66.45 | 22.38 | 4.61 | 2.35 | 459.52 | -15.16 | 114.7 | 10.66 | -6.86 | 45.52 | 9.37 | 11.99 | 28.34 | 17.01 | 9.89 | 0.44 | -2.22 | -10.2 | 26.0 | 1.6 | 76.03 | 0.22 | 0.0 | 144.44 | 36.3 | 0.0 | -5.22 | 23.86 | 0.0 | 8.45 | 2.81 | 0.0 | -45.33 | 41.55 | 5.99 | -20.11 | 68.22 | 3.55 | -13.81 | 0.91 | 112.82 | 282.0 | 42.46 | 32.27 | -17.57 | 0.00 | 0 | 0 |
| 23Q2 (15) | 46.92 | -17.41 | 21.15 | 14.74 | -38.22 | -28.13 | 0.7 | 311.76 | 0 | 0 | 0 | 0 | 54.3 | -13.26 | -28.98 | 0.42 | -43.24 | -90.34 | 103.65 | -11.35 | -24.89 | 41.62 | -3.46 | -0.85 | 24.22 | -5.24 | -37.45 | 0.45 | -4.26 | -8.16 | 25.59 | 2.44 | 0 | 0.22 | -4.35 | 144.44 | 36.3 | 0.0 | -5.22 | 23.86 | 8.45 | 8.45 | 2.81 | -45.33 | -45.33 | 39.2 | 2.3 | -20.39 | 65.88 | 0.64 | -13.75 | -7.1 | -292.27 | -230.23 | 32.1 | -12.08 | -31.83 | 0.00 | 0 | 0 |
| 23Q1 (14) | 56.81 | 8.96 | 53.09 | 23.86 | -3.24 | -4.33 | 0.17 | 0.0 | 0 | 0 | 0 | 0 | 62.6 | -8.79 | -24.3 | 0.74 | -77.84 | -90.85 | 116.92 | -3.52 | -18.68 | 43.11 | 3.62 | 0.15 | 25.56 | -6.41 | -46.99 | 0.47 | -2.08 | -4.08 | 24.98 | 48.96 | 0 | 0.23 | 155.56 | 155.56 | 36.3 | 0.0 | -5.22 | 22.0 | 0.0 | 16.71 | 5.14 | 0.0 | 15.51 | 38.32 | -20.94 | -21.36 | 65.46 | -13.42 | -9.12 | -1.81 | 35.59 | -423.21 | 36.51 | -20.04 | -25.93 | 0.00 | 0 | 0 |
| 22Q4 (13) | 52.14 | 20.97 | 17.88 | 24.66 | -25.75 | 15.72 | 0.17 | 0 | 0 | 0 | 0 | 0 | 68.63 | 8.04 | -14.54 | 3.34 | 20.58 | -58.61 | 121.19 | -1.59 | -8.6 | 41.60 | 2.35 | 2.05 | 27.31 | 5.89 | -47.15 | 0.48 | -2.04 | 0 | 16.77 | 13.54 | 0 | 0.09 | 0.0 | 12.5 | 36.3 | -5.22 | -5.22 | 22.0 | 0.0 | 16.71 | 5.14 | 0.0 | 15.51 | 48.47 | -6.81 | -18.93 | 75.61 | -4.47 | -9.0 | -2.81 | -462.0 | 45.33 | 45.66 | -11.36 | -16.45 | 0.00 | 0 | 0 |
| 22Q3 (12) | 43.1 | 11.28 | 6.82 | 33.21 | 61.92 | 131.59 | 0 | 0 | 0 | 0 | 0 | 0 | 63.52 | -16.92 | -28.87 | 2.77 | -36.32 | -66.83 | 123.15 | -10.75 | -12.66 | 40.65 | -3.16 | -11.77 | 25.79 | -33.39 | -50.35 | 0.49 | 0.0 | 0 | 14.77 | 0 | 0 | 0.09 | 0.0 | 12.5 | 38.3 | 0.0 | 0.0 | 22.0 | 0.0 | 16.71 | 5.14 | 0.0 | 15.51 | 52.01 | 5.63 | 0.6 | 79.15 | 3.63 | 5.53 | -0.5 | 76.74 | 92.44 | 51.51 | 9.39 | 14.24 | 0.00 | 0 | 0 |
| 22Q2 (11) | 38.73 | 4.37 | 40.89 | 20.51 | -17.76 | -7.78 | 0 | 0 | -100.0 | 0 | 0 | 0 | 76.46 | -7.53 | -6.39 | 4.35 | -46.23 | -49.42 | 137.99 | -4.02 | 2.95 | 41.97 | -2.5 | -12.64 | 38.72 | -19.7 | -6.95 | 0.49 | 0.0 | 0 | 0 | 0 | -100.0 | 0.09 | 0.0 | 12.5 | 38.3 | 0.0 | 15.02 | 22.0 | 16.71 | 35.89 | 5.14 | 15.51 | -11.84 | 49.24 | 1.05 | -19.63 | 76.38 | 6.04 | -8.3 | -2.15 | -483.93 | 64.34 | 47.09 | -4.46 | -14.75 | 0.00 | 0 | 0 |
| 22Q1 (10) | 37.11 | -16.1 | 5.7 | 24.94 | 17.03 | 51.15 | 0 | 0 | -100.0 | 0 | 0 | 0 | 82.69 | 2.96 | 11.79 | 8.09 | 0.25 | 25.82 | 143.77 | 8.42 | 29.35 | 43.05 | 5.59 | 5.35 | 48.22 | -6.68 | 24.02 | 0.49 | 0 | 0 | 0 | 0 | -100.0 | 0.09 | 12.5 | 0.0 | 38.3 | 0.0 | 15.02 | 18.85 | 0.0 | 16.43 | 4.45 | 0.0 | -23.67 | 48.73 | -18.5 | -7.48 | 72.03 | -13.31 | -3.57 | 0.56 | 110.89 | 110.98 | 49.29 | -9.81 | 3.62 | 0.00 | 0 | 0 |
| 21Q4 (9) | 44.23 | 9.62 | 34.56 | 21.31 | 48.61 | -4.48 | 0 | 0 | -100.0 | 0 | 0 | 0 | 80.31 | -10.07 | 31.4 | 8.07 | -3.35 | 3.73 | 132.6 | -5.96 | 22.63 | 40.77 | -11.51 | -4.15 | 51.67 | -0.52 | 59.33 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.08 | 0.0 | -11.11 | 38.3 | 0.0 | 15.02 | 18.85 | 0.0 | 16.43 | 4.45 | 0.0 | -23.67 | 59.79 | 15.65 | 29.28 | 83.09 | 10.79 | 21.71 | -5.14 | 22.24 | -15.51 | 54.65 | 21.2 | 30.74 | 0.00 | 0 | 0 |
| 21Q3 (8) | 40.35 | 46.78 | 11.31 | 14.34 | -35.52 | -33.7 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 89.3 | 9.33 | 43.57 | 8.35 | -2.91 | 29.46 | 141.0 | 5.2 | 25.89 | 46.07 | -4.11 | 4.73 | 51.94 | 24.83 | 55.98 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.08 | 0.0 | -20.0 | 38.3 | 15.02 | 15.02 | 18.85 | 16.43 | 16.43 | 4.45 | -23.67 | -23.67 | 51.7 | -15.62 | 34.39 | 75.0 | -9.95 | 23.99 | -6.61 | -9.62 | -4.09 | 45.09 | -18.37 | 40.38 | 0.00 | 0 | 0 |
| 21Q2 (7) | 27.49 | -21.7 | 7.13 | 22.24 | 34.79 | 103.85 | 5.29 | 796.61 | 348.31 | 0 | 0 | 0 | 81.68 | 10.42 | 9.31 | 8.6 | 33.75 | -0.69 | 134.03 | 20.58 | 12.08 | 48.04 | 17.58 | 0 | 41.61 | 7.02 | 30.07 | 0 | 0 | 0 | 13.7 | -16.46 | 49.08 | 0.08 | -11.11 | -11.11 | 33.3 | 0.0 | 0.0 | 16.19 | 0.0 | 0.0 | 5.83 | 0.0 | 0.0 | 61.27 | 16.33 | 91.35 | 83.29 | 11.5 | 54.13 | -6.03 | -18.24 | 28.55 | 55.24 | 16.12 | 134.27 | 0.00 | 0 | 0 |
| 21Q1 (6) | 35.11 | 6.81 | -50.09 | 16.5 | -26.04 | -54.93 | 0.59 | -32.95 | -50.0 | 0 | 0 | 0 | 73.97 | 21.02 | 31.67 | 6.43 | -17.35 | 70.56 | 111.15 | 2.79 | 13.92 | 40.86 | -3.93 | 0 | 38.88 | 19.89 | 12.63 | 0 | 0 | 0 | 16.4 | 0.0 | 30.26 | 0.09 | 0.0 | -25.0 | 33.3 | 0.0 | 0.0 | 16.19 | 0.0 | 18.0 | 5.83 | 0.0 | 183.01 | 52.67 | 13.88 | 13.86 | 74.7 | 9.42 | 20.41 | -5.1 | -14.61 | 22.26 | 47.57 | 13.8 | 19.82 | 0.00 | 0 | 0 |
| 20Q4 (5) | 32.87 | -9.32 | -7.09 | 22.31 | 3.14 | -33.9 | 0.88 | -25.42 | -25.42 | 0 | 0 | 0 | 61.12 | -1.74 | -0.67 | 7.78 | 20.62 | 16.99 | 108.13 | -3.46 | 2.02 | 42.53 | -3.3 | 0 | 32.43 | -2.61 | 21.73 | 0 | 0 | 0 | 16.4 | 0.0 | 27.33 | 0.09 | -10.0 | -10.0 | 33.3 | 0.0 | 9.9 | 16.19 | 0.0 | 18.0 | 5.83 | 0.0 | 183.01 | 46.25 | 20.22 | 8.87 | 68.27 | 12.86 | 17.18 | -4.45 | 29.92 | 23.67 | 41.8 | 30.14 | 14.05 | 0.00 | 0 | 0 |
| 20Q3 (4) | 36.25 | 41.27 | 0.0 | 21.63 | 98.26 | 0.0 | 1.18 | 0.0 | 0.0 | 0 | 0 | 0.0 | 62.2 | -16.76 | 0.0 | 6.45 | -25.52 | 0.0 | 112.0 | -6.34 | 0.0 | 43.99 | 0 | 0.0 | 33.3 | 4.1 | 0.0 | 0 | 0 | 0.0 | 16.4 | 78.45 | 0.0 | 0.1 | 11.11 | 0.0 | 33.3 | 0.0 | 0.0 | 16.19 | 0.0 | 0.0 | 5.83 | 0.0 | 0.0 | 38.47 | 20.14 | 0.0 | 60.49 | 11.94 | 0.0 | -6.35 | 24.76 | 0.0 | 32.12 | 36.22 | 0.0 | 0.00 | 0 | 0.0 |
