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) | 210.8 | 3.47 | 0.65 | -7.14 | 5.68 | 212.09 | 0 | 0 | 704.41 | -16.07 | 80.09 | -7.8 | 166.79 | 16.25 | 23.68 | 38.51 | 66.81 | -37.87 | 11.74 | 0 | 231.98 | -23.58 | 11.07 | -1.69 | 75.91 | 0.0 | 100.52 | 9.49 | 6.02 | -15.33 | 375.88 | 5.41 | 482.42 | 5.91 | -7.32 | 0 | 368.56 | 4.93 | 0.21 | -2.64 |
| 2022 (9) | 203.73 | -9.91 | 0.7 | -2.78 | 1.82 | 49.18 | 0 | 0 | 839.27 | 0.16 | 86.87 | -2.37 | 143.47 | -20.18 | 17.09 | -20.31 | 107.53 | 58.88 | 0 | 0 | 303.54 | 1.14 | 11.26 | 14.55 | 75.91 | -2.57 | 91.81 | 10.73 | 7.11 | 93.73 | 356.59 | 2.13 | 455.51 | 4.54 | -5.34 | 0 | 351.25 | 2.69 | 0.21 | -2.92 |
| 2021 (8) | 226.14 | 7.58 | 0.72 | -63.45 | 1.22 | -88.06 | 0 | 0 | 837.94 | 9.99 | 88.98 | 33.56 | 179.75 | 21.72 | 21.45 | 10.67 | 67.68 | 36.04 | 0 | 0 | 300.13 | -4.27 | 9.83 | -1.9 | 77.91 | 0.0 | 82.91 | 8.69 | 3.67 | 12.92 | 349.16 | 14.07 | 435.74 | 13.0 | -7.11 | 0 | 342.05 | 13.11 | 0.22 | 2.53 |
| 2020 (7) | 210.2 | -3.58 | 1.97 | -83.33 | 10.22 | 461.54 | 0 | 0 | 761.81 | 14.51 | 66.62 | 14.09 | 147.67 | 7.23 | 19.38 | -6.36 | 49.75 | 28.25 | 0 | 0 | 313.52 | 6.44 | 10.02 | -5.47 | 77.91 | 0.0 | 76.28 | 8.26 | 3.25 | 66.67 | 306.08 | 8.51 | 385.62 | 8.78 | -3.67 | 0 | 302.41 | 8.46 | 0.21 | -1.67 |
| 2019 (6) | 218.0 | 17.56 | 11.82 | 40.05 | 1.82 | -63.08 | 0 | 0 | 665.25 | -2.23 | 58.39 | -6.34 | 137.71 | 16.25 | 20.70 | 18.9 | 38.79 | 1.46 | 0 | 0 | 294.56 | -4.59 | 10.6 | -8.78 | 77.91 | 0.0 | 70.46 | 9.72 | 1.95 | -42.31 | 282.07 | 6.04 | 354.48 | 6.26 | -3.25 | 0 | 278.82 | 5.59 | 0.22 | -4.95 |
| 2018 (5) | 185.44 | 4.67 | 8.44 | -78.03 | 4.93 | 83.96 | 0 | 0 | 680.39 | 14.1 | 62.34 | 6.58 | 118.46 | -4.56 | 17.41 | -16.35 | 38.23 | -6.25 | 0 | 0 | 308.72 | 13.54 | 11.62 | -7.04 | 77.91 | 0.0 | 64.22 | 10.0 | 3.38 | 0 | 266.01 | 7.62 | 333.61 | 9.18 | -1.95 | 0 | 264.06 | 8.31 | 0.23 | -2.76 |
| 2017 (4) | 177.17 | 11.89 | 38.42 | 139.98 | 2.68 | 495.56 | 0 | 0 | 596.32 | 23.35 | 58.49 | 20.97 | 124.12 | 10.27 | 20.81 | -10.6 | 40.78 | 21.26 | 0 | 0 | 271.91 | 44.03 | 12.5 | 11.11 | 77.91 | 0.0 | 58.38 | 9.04 | 0 | 0 | 247.18 | 12.67 | 305.55 | 11.96 | -3.38 | 0 | 243.8 | 10.86 | 0.23 | 21.91 |
| 2016 (3) | 158.35 | -19.74 | 16.01 | 383.69 | 0.45 | 462.5 | 0 | 0 | 483.44 | 13.69 | 48.35 | 20.39 | 112.56 | 21.99 | 23.28 | 7.3 | 33.63 | 22.87 | 13.55 | 53.63 | 188.79 | 3.73 | 11.25 | -8.24 | 77.91 | 0.0 | 53.54 | 8.12 | 0 | 0 | 219.38 | 12.69 | 272.92 | 11.76 | 0.54 | -66.67 | 219.92 | 12.03 | 0.19 | -0.91 |
| 2015 (2) | 197.3 | 12.36 | 3.31 | -70.94 | 0.08 | -99.0 | 0 | 0 | 425.24 | 6.21 | 40.16 | 23.95 | 92.27 | 21.23 | 21.70 | 14.15 | 27.37 | 6.0 | 8.82 | 10.39 | 182.0 | -4.55 | 12.26 | -7.89 | 77.91 | 0.0 | 49.52 | 6.98 | 0 | 0 | 194.68 | 7.32 | 244.2 | 7.25 | 1.62 | 110.39 | 196.3 | 7.76 | 0.19 | -4.57 |
| 2014 (1) | 175.6 | -14.65 | 11.39 | 6.05 | 8.02 | 178.47 | 0 | 0 | 400.39 | 6.47 | 32.4 | 0 | 76.11 | -1.12 | 19.01 | -7.13 | 25.82 | 5.04 | 7.99 | -63.78 | 190.67 | 7.17 | 13.31 | -5.06 | 77.91 | 0.0 | 46.29 | 0.0 | 0 | 0 | 181.4 | 22.97 | 227.69 | 16.51 | 0.77 | 413.33 | 182.17 | 23.37 | 0.20 | 0.41 |
| 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) | 193.63 | 6.54 | 11.94 | 0.67 | 0 | 3.08 | 11.85 | 746.43 | 337.27 | 0 | 0 | 0 | 183.02 | -6.56 | -0.8 | 17.0 | -7.0 | 8.07 | 172.49 | -6.38 | -2.48 | 22.92 | -6.2 | -9.53 | 53.16 | -1.95 | -30.1 | 12.01 | -0.17 | 0 | 176.74 | 23.34 | -31.75 | 11.07 | 0.09 | -0.27 | 75.91 | 0.0 | 0.0 | 108.52 | 0.0 | 7.96 | 7.32 | 0.0 | 21.59 | 366.08 | 4.87 | 8.86 | 481.93 | 3.66 | 8.83 | -4.57 | 11.78 | 13.77 | 361.51 | 5.12 | 9.23 | 0.21 | 0.61 | -1.28 |
| 24Q2 (19) | 181.74 | -11.29 | -12.58 | 0 | -100.0 | -100.0 | 1.4 | 16.67 | -34.58 | 0 | 0 | 0 | 195.86 | 6.86 | 13.75 | 18.28 | 5.24 | 36.11 | 184.25 | 7.96 | 19.0 | 24.44 | 4.57 | 14.89 | 54.22 | -13.57 | -37.6 | 12.03 | 0.92 | 0 | 143.3 | -20.61 | -49.2 | 11.06 | 0.18 | -0.63 | 75.91 | 0.0 | 0.0 | 108.52 | 7.96 | 7.96 | 7.32 | 21.59 | 21.59 | 349.08 | -11.23 | 8.9 | 464.92 | -6.98 | 8.86 | -5.18 | 0.58 | 25.04 | 343.9 | -11.38 | 9.65 | 0.21 | 2.89 | -2.25 |
| 24Q1 (18) | 204.86 | -2.82 | 10.78 | 0.63 | -3.08 | -53.33 | 1.2 | -78.87 | -38.46 | 0 | 0 | 0 | 183.29 | -3.7 | 16.44 | 17.37 | -56.19 | 54.13 | 170.66 | 2.32 | 13.91 | 23.37 | -1.31 | 22.97 | 62.73 | -6.11 | -35.86 | 11.92 | 1.53 | 0 | 180.49 | -22.2 | -36.4 | 11.04 | -0.27 | -1.43 | 75.91 | 0.0 | 0.0 | 100.52 | 0.0 | 9.49 | 6.02 | 0.0 | -15.33 | 393.25 | 4.62 | 6.9 | 499.79 | 3.6 | 7.07 | -5.21 | 28.83 | 9.23 | 388.04 | 5.29 | 7.15 | 0.20 | -1.36 | -3.84 |
| 23Q4 (17) | 210.8 | 21.86 | 3.47 | 0.65 | 0.0 | -7.14 | 5.68 | 109.59 | 212.09 | 0 | 0 | 0 | 190.34 | 3.17 | 3.43 | 39.65 | 152.07 | 193.92 | 166.79 | -5.7 | 16.25 | 23.68 | -6.55 | 38.51 | 66.81 | -12.15 | -37.87 | 11.74 | 0 | 0 | 231.98 | -10.42 | -23.58 | 11.07 | -0.27 | -1.69 | 75.91 | 0.0 | 0.0 | 100.52 | 0.0 | 9.49 | 6.02 | 0.0 | -15.33 | 375.88 | 11.78 | 5.41 | 482.42 | 8.95 | 5.91 | -7.32 | -38.11 | -37.08 | 368.56 | 11.36 | 4.93 | 0.21 | -3.32 | -2.64 |
| 23Q3 (16) | 172.98 | -16.79 | -19.98 | 0.65 | 0.0 | -66.32 | 2.71 | 26.64 | -7.19 | 0 | 0 | 0 | 184.49 | 7.15 | -13.91 | 15.73 | 17.13 | -34.32 | 176.88 | 14.24 | 3.35 | 25.34 | 19.12 | 30.2 | 76.05 | -12.48 | -27.68 | 0 | 0 | 0 | 258.96 | -8.2 | -23.11 | 11.1 | -0.27 | 6.94 | 75.91 | 0.0 | 0.0 | 100.52 | 0.0 | 9.49 | 6.02 | 0.0 | -15.33 | 336.27 | 4.91 | -1.94 | 442.81 | 3.68 | 0.22 | -5.3 | 23.3 | -4.54 | 330.97 | 5.53 | -2.04 | 0.21 | -0.38 | 0.2 |
| 23Q2 (15) | 207.89 | 12.42 | -10.64 | 0.65 | -51.85 | -64.67 | 2.14 | 9.74 | 2.88 | 0 | 0 | 0 | 172.18 | 9.38 | -25.99 | 13.43 | 19.17 | -51.11 | 154.83 | 3.34 | -15.08 | 21.27 | 11.93 | 3.64 | 86.89 | -11.16 | -4.29 | 0 | 0 | 0 | 282.1 | -0.6 | -3.97 | 11.13 | -0.62 | 8.9 | 75.91 | 0.0 | 0.0 | 100.52 | 9.49 | 9.49 | 6.02 | -15.33 | -15.33 | 320.54 | -12.87 | 0.49 | 427.08 | -8.51 | 2.2 | -6.91 | -20.38 | 0.29 | 313.63 | -13.39 | 0.51 | 0.21 | 1.22 | -1.4 |
| 23Q1 (14) | 184.92 | -9.23 | -16.56 | 1.35 | 92.86 | 90.14 | 1.95 | 7.14 | 33.56 | 0 | 0 | 0 | 157.41 | -14.47 | -24.43 | 11.27 | -16.46 | -48.68 | 149.82 | 4.43 | -13.25 | 19.00 | 11.17 | -5.16 | 97.8 | -9.05 | 22.3 | 0 | 0 | 0 | 283.79 | -6.51 | -6.36 | 11.2 | -0.53 | 11.33 | 75.91 | 0.0 | 0.0 | 91.81 | 0.0 | 10.73 | 7.11 | 0.0 | 93.73 | 367.87 | 3.16 | 3.49 | 466.79 | 2.48 | 5.6 | -5.74 | -7.49 | 5.28 | 362.13 | 3.1 | 3.64 | 0.21 | -0.13 | -4.64 |
| 22Q4 (13) | 203.73 | -5.75 | -9.91 | 0.7 | -63.73 | -2.78 | 1.82 | -37.67 | 49.18 | 0 | 0 | 0 | 184.03 | -14.13 | -17.93 | 13.49 | -43.67 | -45.95 | 143.47 | -16.17 | -20.18 | 17.09 | -12.15 | -20.31 | 107.53 | 2.25 | 58.88 | 0 | 0 | 0 | 303.54 | -9.88 | 1.14 | 11.26 | 8.48 | 14.55 | 75.91 | 0.0 | -2.57 | 91.81 | 0.0 | 10.73 | 7.11 | 0.0 | 93.73 | 356.59 | 3.98 | 2.13 | 455.51 | 3.09 | 4.54 | -5.34 | -5.33 | 24.89 | 351.25 | 3.96 | 2.69 | 0.21 | -0.49 | -2.92 |
| 22Q3 (12) | 216.16 | -7.08 | 2.41 | 1.93 | 4.89 | -7.21 | 2.92 | 40.38 | 75.9 | 0 | 0 | 0 | 214.3 | -7.88 | -3.99 | 23.95 | -12.81 | -3.08 | 171.14 | -6.13 | -5.23 | 19.46 | -5.18 | -13.37 | 105.16 | 15.84 | 83.49 | 0 | 0 | 0 | 336.81 | 14.65 | 9.26 | 10.38 | 1.57 | 5.27 | 75.91 | 0.0 | -2.57 | 91.81 | 0.0 | 10.73 | 7.11 | 0.0 | 93.73 | 342.93 | 7.51 | 5.81 | 441.85 | 5.73 | 7.59 | -5.07 | 26.84 | 20.53 | 337.86 | 8.27 | 6.34 | 0.21 | -1.98 | -0.82 |
| 22Q2 (11) | 232.64 | 4.98 | 1.48 | 1.84 | 159.15 | 142.11 | 2.08 | 42.47 | 48.57 | 0 | 0 | 0 | 232.63 | 11.67 | 12.81 | 27.47 | 25.09 | 23.57 | 182.32 | 5.56 | 11.02 | 20.52 | 2.42 | -3.76 | 90.78 | 13.52 | 67.15 | 0 | 0 | 0 | 293.76 | -3.07 | 3.07 | 10.22 | 1.59 | 3.65 | 75.91 | 0.0 | -2.57 | 91.81 | 10.73 | 10.73 | 7.11 | 93.73 | 93.73 | 318.98 | -10.27 | 6.54 | 417.9 | -5.46 | 8.27 | -6.93 | -14.36 | -12.87 | 312.05 | -10.69 | 6.41 | 0.22 | -2.1 | 1.14 |
| 22Q1 (10) | 221.61 | -2.0 | -1.36 | 0.71 | -1.39 | -7.79 | 1.46 | 19.67 | -67.98 | 0 | 0 | 0 | 208.31 | -7.1 | 13.03 | 21.96 | -12.02 | 28.57 | 172.71 | -3.92 | 13.48 | 20.04 | -6.59 | -0.21 | 79.97 | 18.16 | 58.36 | 0 | 0 | 0 | 303.06 | 0.98 | 2.0 | 10.06 | 2.34 | 1.51 | 75.91 | -2.57 | -2.57 | 82.91 | 0.0 | 8.69 | 3.67 | 0.0 | 12.92 | 355.48 | 1.81 | 10.0 | 442.05 | 1.45 | 9.77 | -6.06 | 14.77 | -18.36 | 349.42 | 2.15 | 9.86 | 0.22 | 1.66 | 3.98 |
| 21Q4 (9) | 226.14 | 7.14 | 7.58 | 0.72 | -65.38 | -63.45 | 1.22 | -26.51 | -88.06 | 0 | 0 | 0 | 224.23 | 0.46 | 17.87 | 24.96 | 1.01 | 50.27 | 179.75 | -0.47 | 21.72 | 21.45 | -4.5 | 10.67 | 67.68 | 18.09 | 36.04 | 0 | 0 | 0 | 300.13 | -2.64 | -4.27 | 9.83 | -0.3 | -1.9 | 77.91 | 0.0 | 0.0 | 82.91 | 0.0 | 8.69 | 3.67 | 0.0 | 12.92 | 349.16 | 7.73 | 14.07 | 435.74 | 6.1 | 13.0 | -7.11 | -11.44 | -93.73 | 342.05 | 7.66 | 13.11 | 0.22 | 1.66 | 2.53 |
| 21Q3 (8) | 211.07 | -7.93 | 15.19 | 2.08 | 173.68 | -87.06 | 1.66 | 18.57 | -84.34 | 0 | 0 | 0 | 223.2 | 8.24 | 17.87 | 24.71 | 11.16 | 52.34 | 180.59 | 9.97 | 20.02 | 22.46 | 5.34 | 14.15 | 57.31 | 5.52 | 10.34 | 0 | 0 | 0 | 308.27 | 8.16 | -2.59 | 9.86 | 0.0 | -0.5 | 77.91 | 0.0 | 0.0 | 82.91 | 0.0 | 8.69 | 3.67 | 0.0 | 12.92 | 324.1 | 8.25 | 11.8 | 410.68 | 6.4 | 11.17 | -6.38 | -3.91 | -59.9 | 317.72 | 8.34 | 11.13 | 0.21 | -0.04 | 0.31 |
| 21Q2 (7) | 229.24 | 2.03 | 10.06 | 0.76 | -1.3 | -96.24 | 1.4 | -69.3 | -83.07 | 0 | 0 | 0 | 206.21 | 11.89 | 6.24 | 22.23 | 30.15 | 27.32 | 164.22 | 7.9 | 6.39 | 21.32 | 6.2 | 0 | 54.31 | 7.54 | -2.41 | 0 | 0 | 0 | 285.02 | -4.07 | -0.39 | 9.86 | -0.5 | -1.2 | 77.91 | 0.0 | 0.0 | 82.91 | 8.69 | 8.69 | 3.67 | 12.92 | 12.92 | 299.4 | -7.36 | 9.4 | 385.97 | -4.15 | 9.27 | -6.14 | -19.92 | -48.67 | 293.26 | -7.79 | 8.8 | 0.21 | 0.65 | -0.19 |
| 21Q1 (6) | 224.67 | 6.88 | 13.65 | 0.77 | -60.91 | -94.03 | 4.56 | -55.38 | 18.44 | 0 | 0 | 0 | 184.29 | -3.12 | -2.04 | 17.08 | 2.83 | 4.59 | 152.2 | 3.07 | 3.05 | 20.08 | 3.59 | 0 | 50.5 | 1.51 | 14.02 | 0 | 0 | 0 | 297.11 | -5.23 | 3.83 | 9.91 | -1.1 | -3.6 | 77.91 | 0.0 | 0.0 | 76.28 | 0.0 | 8.26 | 3.25 | 0.0 | 66.67 | 323.17 | 5.58 | 8.3 | 402.7 | 4.43 | 8.6 | -5.12 | -39.51 | -65.16 | 318.05 | 5.17 | 7.7 | 0.21 | 0.25 | -0.17 |
| 20Q4 (5) | 210.2 | 14.71 | -3.58 | 1.97 | -87.74 | -83.33 | 10.22 | -3.58 | 461.54 | 0 | 0 | 0 | 190.23 | 0.46 | -1.48 | 16.61 | 2.4 | -20.22 | 147.67 | -1.86 | 7.23 | 19.38 | -1.49 | 0 | 49.75 | -4.22 | 28.25 | 0 | 0 | 0 | 313.52 | -0.94 | 6.44 | 10.02 | 1.11 | -5.47 | 77.91 | 0.0 | 0.0 | 76.28 | 0.0 | 8.26 | 3.25 | 0.0 | 66.67 | 306.08 | 5.58 | 8.51 | 385.62 | 4.39 | 8.78 | -3.67 | 8.02 | -12.92 | 302.41 | 5.77 | 8.46 | 0.21 | -0.54 | -1.67 |
| 20Q3 (4) | 183.24 | -12.03 | 0.0 | 16.07 | -20.48 | 0.0 | 10.6 | 28.17 | 0.0 | 0 | 0 | 0.0 | 189.36 | -2.44 | 0.0 | 16.22 | -7.1 | 0.0 | 150.47 | -2.52 | 0.0 | 19.68 | 0 | 0.0 | 51.94 | -6.67 | 0.0 | 0 | 0 | 0.0 | 316.48 | 10.6 | 0.0 | 9.91 | -0.7 | 0.0 | 77.91 | 0.0 | 0.0 | 76.28 | 0.0 | 0.0 | 3.25 | 0.0 | 0.0 | 289.89 | 5.93 | 0.0 | 369.42 | 4.59 | 0.0 | -3.99 | 3.39 | 0.0 | 285.9 | 6.07 | 0.0 | 0.21 | -0.53 | 0.0 |
