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) | 71.1 | 64.17 | 20.23 | 9.35 | 0.1 | 0.0 | 0 | 0 | 351.84 | 6.2 | 14.94 | 36.94 | 62.71 | -1.2 | 17.82 | -6.97 | 45.74 | -4.59 | 19.31 | -1.68 | 30.92 | -0.26 | 2.61 | -20.67 | 27.23 | 0.0 | 16.91 | 7.3 | 3.08 | -57.75 | 39.77 | 11.31 | 59.76 | 1.67 | -4.66 | 0 | 35.11 | 13.48 | 0.03 | -8.44 |
| 2022 (9) | 43.31 | 6.47 | 18.5 | 47.53 | 0.1 | 66.67 | 0 | 0 | 331.29 | 12.2 | 10.91 | -10.13 | 63.47 | 30.7 | 19.16 | 16.49 | 47.94 | 47.46 | 19.64 | 10.21 | 31.0 | 0.58 | 3.29 | 141.91 | 27.23 | 1.08 | 15.76 | 8.17 | 7.29 | -5.2 | 35.73 | -1.71 | 58.78 | 0.29 | -4.79 | 0 | 30.94 | 6.47 | 0.04 | 65.76 |
| 2021 (8) | 40.68 | 13.31 | 12.54 | 58.73 | 0.06 | -14.29 | 0 | 0 | 295.27 | 24.4 | 12.14 | -27.13 | 48.56 | 27.96 | 16.45 | 2.86 | 32.51 | 2.68 | 17.82 | 171.65 | 30.82 | 2982.0 | 1.36 | 3.82 | 26.94 | 0.0 | 14.57 | 11.99 | 7.69 | 32.82 | 36.35 | -12.16 | 58.61 | -2.63 | -7.29 | 0 | 29.06 | -13.74 | 0.02 | 117.42 |
| 2020 (7) | 35.9 | 29.37 | 7.9 | 49.91 | 0.07 | 0 | 0 | 0 | 237.35 | 7.64 | 16.66 | -7.85 | 37.95 | 0.56 | 15.99 | -6.58 | 31.66 | 3.33 | 6.56 | -20.58 | 1.0 | 0 | 1.31 | 52.33 | 26.94 | 0.0 | 13.01 | 16.16 | 5.79 | 50.78 | 41.38 | -3.68 | 60.19 | 3.79 | -7.69 | 0 | 33.69 | -9.36 | 0.01 | 55.38 |
| 2019 (6) | 27.75 | -1.42 | 5.27 | -35.42 | 0 | 0 | 0 | 0 | 220.51 | 12.99 | 18.08 | 72.03 | 37.74 | 1.92 | 17.11 | -9.8 | 30.64 | 5.87 | 8.26 | -33.44 | 0 | 0 | 0.86 | -25.86 | 26.94 | 0.0 | 11.2 | 10.34 | 3.84 | -15.23 | 42.96 | 18.61 | 57.99 | 13.93 | -5.79 | 0 | 37.17 | 14.79 | 0.01 | 26.24 |
| 2018 (5) | 28.15 | -24.08 | 8.16 | -44.11 | 0 | 0 | 0 | 0 | 195.16 | 15.66 | 10.51 | -10.78 | 37.03 | 12.83 | 18.97 | -2.45 | 28.94 | -0.58 | 12.41 | 7.54 | 0 | 0 | 1.16 | 127.45 | 26.94 | 0.0 | 10.15 | 13.15 | 4.53 | 607.81 | 36.22 | 33.7 | 50.9 | 38.69 | -3.84 | 0 | 32.38 | 43.53 | 0.01 | 23.91 |
| 2017 (4) | 37.08 | -12.65 | 14.6 | 39.58 | 0 | 0 | 0 | 0 | 168.74 | 4.1 | 11.78 | 6.32 | 32.82 | -2.67 | 19.45 | -6.5 | 29.11 | 20.19 | 11.54 | -3.11 | 0 | 0 | 0.51 | -54.87 | 26.94 | 0.0 | 8.97 | 14.12 | 0.64 | 0 | 27.09 | 1.04 | 36.7 | 5.86 | -4.53 | 0 | 22.56 | -13.79 | 0.00 | 73.69 |
| 2016 (3) | 42.45 | 51.28 | 10.46 | 77.29 | 0 | 0 | 0 | 0 | 162.1 | -0.63 | 11.08 | 96.45 | 33.72 | -4.31 | 20.80 | -3.71 | 24.22 | 22.63 | 11.91 | -27.95 | 0 | 0 | 1.13 | -74.94 | 26.94 | 0.22 | 7.86 | 7.67 | 0 | 0 | 26.81 | 15.71 | 34.67 | 13.78 | -0.64 | 0 | 26.17 | 6.64 | 0.00 | -42.91 |
| 2015 (2) | 28.06 | 21.47 | 5.9 | 145.83 | 0 | 0 | 0 | 0 | 163.13 | 3.19 | 5.64 | -24.4 | 35.24 | 11.45 | 21.60 | 8.01 | 19.75 | 0.77 | 16.53 | 34.83 | 0 | 0 | 4.51 | -17.25 | 26.88 | 0.64 | 7.3 | 11.45 | 0 | 0 | 23.17 | 6.53 | 30.47 | 3.46 | 1.37 | 39.8 | 24.54 | 7.96 | 0.00 | -26.21 |
| 2014 (1) | 23.1 | 19.44 | 2.4 | -49.47 | 0 | 0 | 0 | 0 | 158.09 | 0.97 | 7.46 | -10.23 | 31.62 | -4.56 | 20.00 | -5.48 | 19.6 | 9.01 | 12.26 | -3.39 | 0 | 0 | 5.45 | -2.5 | 26.71 | 1.52 | 6.55 | 14.51 | 1.14 | -84.47 | 21.75 | 29.08 | 29.45 | -1.54 | 0.98 | 0 | 22.73 | 44.68 | 0.01 | -53.63 |
| 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) | 46.1 | -16.39 | -18.94 | 29.86 | 105.36 | 30.51 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 92.03 | 3.31 | 10.89 | 4.54 | -2.58 | 34.72 | 58.86 | 4.45 | 5.09 | 15.24 | 2.01 | -7.41 | 52.51 | 6.38 | -0.21 | 23.17 | 5.56 | 17.67 | 31.03 | 0.55 | 0.32 | 3.7 | 45.67 | 23.75 | 27.23 | 0.0 | 0.0 | 18.37 | 0.0 | 8.63 | 4.02 | 0.0 | 30.52 | 38.96 | 13.19 | 4.51 | 61.36 | 8.01 | 7.12 | -1.97 | -203.08 | 19.26 | 36.99 | 9.54 | 6.17 | 0.10 | 168.98 | 164.82 |
| 24Q2 (19) | 55.14 | 7.44 | 38.2 | 14.54 | -11.45 | 8.35 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 89.08 | -12.56 | 6.93 | 4.66 | -28.85 | 9.39 | 56.35 | -10.47 | 14.12 | 14.94 | -11.84 | 3.7 | 49.36 | 17.41 | -0.46 | 21.95 | 8.29 | 8.77 | 30.86 | -0.1 | -0.32 | 2.54 | -2.31 | -16.99 | 27.23 | 0.0 | 0.0 | 18.37 | 8.63 | 8.63 | 4.02 | 30.52 | 30.52 | 34.42 | -25.69 | 1.24 | 56.81 | -14.33 | 5.2 | -0.65 | 72.57 | 82.34 | 33.77 | -23.16 | 11.38 | 0.04 | 8.41 | -1.01 |
| 24Q1 (18) | 51.32 | -27.82 | 23.1 | 16.42 | -18.83 | 23.55 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 101.87 | -1.34 | 23.79 | 6.55 | 137.32 | 43.96 | 62.94 | 0.37 | 32.03 | 16.95 | -4.92 | 19.59 | 42.04 | -8.09 | -3.38 | 20.27 | 4.97 | 3.0 | 30.89 | -0.1 | -0.29 | 2.6 | -0.38 | -18.75 | 27.23 | 0.0 | 0.0 | 16.91 | 0.0 | 7.3 | 3.08 | 0.0 | -57.75 | 46.32 | 16.47 | 14.94 | 66.31 | 10.96 | 4.67 | -2.37 | 49.14 | 50.83 | 43.95 | 25.18 | 23.87 | 0.03 | -2.0 | -12.19 |
| 23Q4 (17) | 71.1 | 25.02 | 64.17 | 20.23 | -11.58 | 9.35 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 103.25 | 24.41 | 12.58 | 2.76 | -18.1 | -10.1 | 62.71 | 11.96 | -1.2 | 17.82 | 8.29 | -6.97 | 45.74 | -13.07 | -4.59 | 19.31 | -1.93 | -1.68 | 30.92 | -0.03 | -0.26 | 2.61 | -12.71 | -20.67 | 27.23 | 0.0 | 0.0 | 16.91 | 0.0 | 7.3 | 3.08 | 0.0 | -57.75 | 39.77 | 6.68 | 11.31 | 59.76 | 4.33 | 1.67 | -4.66 | -90.98 | 2.71 | 35.11 | 0.77 | 13.48 | 0.03 | -7.33 | -8.44 |
| 23Q3 (16) | 56.87 | 42.53 | 26.97 | 22.88 | 70.49 | -12.44 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 82.99 | -0.38 | -2.9 | 3.37 | -20.89 | 7.32 | 56.01 | 13.43 | -1.89 | 16.46 | 14.25 | -9.09 | 52.62 | 6.11 | 3.24 | 19.69 | -2.43 | 1.18 | 30.93 | -0.1 | -0.29 | 2.99 | -2.29 | -9.67 | 27.23 | 0.0 | -0.04 | 16.91 | 0.0 | 7.3 | 3.08 | 0.0 | -57.75 | 37.28 | 9.65 | 16.46 | 57.28 | 6.07 | 4.03 | -2.44 | 33.7 | 41.35 | 34.84 | 14.91 | 25.1 | 0.04 | 0.54 | -4.11 |
| 23Q2 (15) | 39.9 | -4.29 | -2.23 | 13.42 | 0.98 | -37.84 | 0.1 | 0.0 | 66.67 | 0 | 0 | 0 | 83.31 | 1.24 | 8.25 | 4.26 | -6.37 | 173.08 | 49.38 | 3.59 | -12.97 | 14.41 | 1.67 | -21.88 | 49.59 | 13.97 | 1.22 | 20.18 | 2.54 | 12.49 | 30.96 | -0.06 | 0.52 | 3.06 | -4.38 | 142.86 | 27.23 | 0.0 | 1.08 | 16.91 | 7.3 | 7.3 | 3.08 | -57.75 | -57.75 | 34.0 | -15.63 | 17.77 | 54.0 | -14.76 | 4.01 | -3.68 | 23.65 | 9.8 | 30.32 | -14.54 | 22.31 | 0.04 | -3.83 | 55.49 |
| 23Q1 (14) | 41.69 | -3.74 | 13.81 | 13.29 | -28.16 | -20.13 | 0.1 | 0.0 | 66.67 | 0 | 0 | 0 | 82.29 | -10.27 | 6.66 | 4.55 | 48.21 | 44.44 | 47.67 | -24.89 | -4.96 | 14.17 | -26.04 | -15.56 | 43.51 | -9.24 | 14.68 | 19.68 | 0.2 | 10.19 | 30.98 | -0.06 | 0.55 | 3.2 | -2.74 | 144.27 | 27.23 | 0.0 | 1.08 | 15.76 | 0.0 | 8.17 | 7.29 | 0.0 | -5.2 | 40.3 | 12.79 | 2.26 | 63.35 | 7.77 | 2.72 | -4.82 | -0.63 | 17.47 | 35.48 | 14.67 | 5.69 | 0.04 | 2.18 | 112.88 |
| 22Q4 (13) | 43.31 | -3.3 | 6.47 | 18.5 | -29.2 | 47.53 | 0.1 | 0.0 | 66.67 | 0 | 0 | 0 | 91.71 | 7.3 | 21.07 | 3.07 | -2.23 | 114.69 | 63.47 | 11.18 | 30.7 | 19.16 | 5.82 | 16.49 | 47.94 | -5.94 | 47.46 | 19.64 | 0.92 | 10.21 | 31.0 | -0.06 | 0.58 | 3.29 | -0.6 | 141.91 | 27.23 | -0.04 | 1.08 | 15.76 | 0.0 | 8.17 | 7.29 | 0.0 | -5.2 | 35.73 | 11.62 | -1.71 | 58.78 | 6.76 | 0.29 | -4.79 | -15.14 | 34.29 | 30.94 | 11.1 | 6.47 | 0.04 | -2.95 | 65.76 |
| 22Q3 (12) | 44.79 | 9.75 | 16.82 | 26.13 | 21.03 | 20.8 | 0.1 | 66.67 | 66.67 | 0 | 0 | 0 | 85.47 | 11.06 | 9.83 | 3.14 | 101.28 | 36.52 | 57.09 | 0.62 | 11.9 | 18.10 | -1.82 | 1.11 | 50.97 | 4.04 | 54.31 | 19.46 | 8.47 | 20.57 | 31.02 | 0.71 | 0.62 | 3.31 | 162.7 | 48.43 | 27.24 | 1.11 | 1.11 | 15.76 | 0.0 | 8.17 | 7.29 | 0.0 | -5.2 | 32.01 | 10.88 | -9.14 | 55.06 | 6.05 | -4.23 | -4.16 | -1.96 | 39.45 | 27.85 | 12.34 | -1.8 | 0.04 | 63.05 | 81.46 |
| 22Q2 (11) | 40.81 | 11.41 | 7.59 | 21.59 | 29.75 | 19.68 | 0.06 | 0.0 | 0.0 | 0 | 0 | 0 | 76.96 | -0.25 | 12.86 | 1.56 | -50.48 | -53.71 | 56.74 | 13.12 | 21.27 | 18.44 | 9.89 | 3.58 | 48.99 | 29.12 | 36.92 | 17.94 | 0.45 | 6.66 | 30.8 | -0.03 | 3284.62 | 1.26 | -3.82 | -42.73 | 26.94 | 0.0 | 0.0 | 15.76 | 8.17 | 8.17 | 7.29 | -5.2 | -5.2 | 28.87 | -26.74 | -12.3 | 51.92 | -15.81 | -5.91 | -4.08 | 30.14 | 38.18 | 24.79 | -26.15 | -5.81 | 0.02 | 31.67 | 86.9 |
| 22Q1 (10) | 36.63 | -9.96 | 6.51 | 16.64 | 32.7 | 31.65 | 0.06 | 0.0 | 0.0 | 0 | 0 | 0 | 77.15 | 1.85 | 4.95 | 3.15 | 120.28 | -37.5 | 50.16 | 3.29 | 15.84 | 16.78 | 2.04 | -1.84 | 37.94 | 16.7 | 22.07 | 17.86 | 0.22 | 54.23 | 30.81 | -0.03 | 3323.33 | 1.31 | -3.68 | -39.91 | 26.94 | 0.0 | 0.0 | 14.57 | 0.0 | 11.99 | 7.69 | 0.0 | 32.82 | 39.41 | 8.42 | -15.23 | 61.67 | 5.22 | -5.54 | -5.84 | 19.89 | 11.38 | 33.57 | 15.52 | -15.86 | 0.02 | -20.44 | 17.81 |
| 21Q4 (9) | 40.68 | 6.1 | 13.31 | 12.54 | -42.02 | 58.73 | 0.06 | 0.0 | -14.29 | 0 | 0 | 0 | 75.75 | -2.66 | 15.79 | 1.43 | -37.83 | -57.94 | 48.56 | -4.82 | 27.96 | 16.45 | -8.15 | 2.86 | 32.51 | -1.57 | 2.68 | 17.82 | 10.41 | 171.65 | 30.82 | -0.03 | 2982.0 | 1.36 | -39.01 | 3.82 | 26.94 | 0.0 | 0.0 | 14.57 | 0.0 | 11.99 | 7.69 | 0.0 | 32.82 | 36.35 | 3.18 | -12.16 | 58.61 | 1.95 | -2.63 | -7.29 | -6.11 | 5.2 | 29.06 | 2.47 | -13.74 | 0.02 | 6.24 | 117.42 |
| 21Q3 (8) | 38.34 | 1.08 | 37.77 | 21.63 | 19.9 | 74.86 | 0.06 | 0.0 | 0.0 | 0 | 0 | 0 | 77.82 | 14.12 | 39.74 | 2.3 | -31.75 | -54.37 | 51.02 | 9.04 | 26.95 | 17.91 | 0.57 | 3.39 | 33.03 | -7.69 | -2.05 | 16.14 | -4.04 | 165.02 | 30.83 | 3287.91 | 3179.79 | 2.23 | 1.36 | 123.0 | 26.94 | 0.0 | 0.0 | 14.57 | 0.0 | 11.99 | 7.69 | 0.0 | 32.82 | 35.23 | 7.02 | -8.33 | 57.49 | 4.19 | 0.45 | -6.87 | -4.09 | 11.7 | 28.36 | 7.75 | -7.47 | 0.02 | 67.94 | 143.5 |
| 21Q2 (7) | 37.93 | 10.29 | 27.97 | 18.04 | 42.72 | 202.68 | 0.06 | 0.0 | 0.0 | 0 | 0 | 0 | 68.19 | -7.24 | 16.25 | 3.37 | -33.13 | -55.77 | 46.79 | 8.06 | 21.15 | 17.80 | 4.14 | 0 | 35.78 | 15.12 | 13.05 | 16.82 | 45.25 | 104.62 | 0.91 | 1.11 | -4.21 | 2.2 | 0.92 | 122.22 | 26.94 | 0.0 | 0.0 | 14.57 | 11.99 | 11.99 | 7.69 | 32.82 | 32.82 | 32.92 | -29.19 | -1.44 | 55.18 | -15.48 | 5.71 | -6.6 | -0.15 | -9.09 | 26.32 | -34.04 | -3.77 | 0.01 | -17.01 | 150.98 |
| 21Q1 (6) | 34.39 | -4.21 | 30.91 | 12.64 | 60.0 | 152.3 | 0.06 | -14.29 | 0 | 0 | 0 | 0 | 73.51 | 12.37 | 27.67 | 5.04 | 48.24 | 740.0 | 43.3 | 14.1 | 25.98 | 17.10 | 6.92 | 0 | 31.08 | -1.83 | 6.4 | 11.58 | 76.52 | 40.19 | 0.9 | -10.0 | -12.62 | 2.18 | 66.41 | 134.41 | 26.94 | 0.0 | 0.0 | 13.01 | 0.0 | 16.16 | 5.79 | 0.0 | 50.78 | 46.49 | 12.35 | 7.22 | 65.29 | 8.47 | 11.8 | -6.59 | 14.3 | 2.95 | 39.9 | 18.43 | 9.11 | 0.02 | 46.83 | 77.66 |
| 20Q4 (5) | 35.9 | 29.0 | 29.37 | 7.9 | -36.14 | 49.91 | 0.07 | 16.67 | 0 | 0 | 0 | 0 | 65.42 | 17.47 | 8.8 | 3.4 | -32.54 | -57.61 | 37.95 | -5.57 | 0.56 | 15.99 | -7.68 | 0 | 31.66 | -6.11 | 3.33 | 6.56 | 7.72 | -20.58 | 1.0 | 6.38 | 0 | 1.31 | 31.0 | 52.33 | 26.94 | 0.0 | 0.0 | 13.01 | 0.0 | 16.16 | 5.79 | 0.0 | 50.78 | 41.38 | 7.68 | -3.68 | 60.19 | 5.17 | 3.79 | -7.69 | 1.16 | -32.82 | 33.69 | 9.92 | -9.36 | 0.01 | 18.98 | 55.38 |
| 20Q3 (4) | 27.83 | -6.11 | 0.0 | 12.37 | 107.55 | 0.0 | 0.06 | 0.0 | 0.0 | 0 | 0 | 0.0 | 55.69 | -5.06 | 0.0 | 5.04 | -33.86 | 0.0 | 40.19 | 4.07 | 0.0 | 17.32 | 0 | 0.0 | 33.72 | 6.54 | 0.0 | 6.09 | -25.91 | 0.0 | 0.94 | -1.05 | 0.0 | 1.0 | 1.01 | 0.0 | 26.94 | 0.0 | 0.0 | 13.01 | 0.0 | 0.0 | 5.79 | 0.0 | 0.0 | 38.43 | 15.06 | 0.0 | 57.23 | 9.64 | 0.0 | -7.78 | -28.6 | 0.0 | 30.65 | 12.07 | 0.0 | 0.01 | 73.1 | 0.0 |
