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) | 94.06 | 6.0 | 1.48 | 9.63 | 46.18 | 188.44 | 0 | 0 | 154.8 | -17.19 | 17.37 | -42.73 | 37.0 | -3.57 | 23.90 | 16.45 | 4.26 | 21.02 | 0 | 0 | 82.76 | -27.49 | 1.91 | -21.07 | 45.67 | 0.0 | 21.17 | 16.9 | 0 | 0 | 87.5 | -5.15 | 108.67 | -1.53 | 8.64 | 157.14 | 96.14 | 0.55 | 0.15 | -0.1 |
| 2022 (9) | 88.74 | 11.72 | 1.35 | -44.9 | 16.01 | -37.66 | 0 | 0 | 186.94 | 12.07 | 30.33 | 8.83 | 38.37 | -0.93 | 20.53 | -11.6 | 3.52 | 15.79 | 0 | 0 | 114.13 | 12.63 | 2.42 | 25.39 | 45.67 | 1.02 | 18.11 | 18.6 | 0 | 0 | 92.25 | 18.03 | 110.36 | 18.12 | 3.36 | -47.17 | 95.61 | 13.12 | 0.15 | 11.94 |
| 2021 (8) | 79.43 | 41.11 | 2.45 | -77.04 | 25.68 | -32.19 | 0 | 0 | 166.81 | 34.21 | 27.87 | 56.31 | 38.73 | 17.08 | 23.22 | -12.76 | 3.04 | 64.32 | 0 | 0 | 101.33 | 89.4 | 1.93 | 89.22 | 45.21 | 4.75 | 15.27 | 13.03 | 0 | 0 | 78.16 | 29.64 | 93.43 | 26.58 | 6.36 | 123.94 | 84.52 | 33.88 | 0.13 | -11.17 |
| 2020 (7) | 56.29 | 21.81 | 10.67 | 66.46 | 37.87 | 26.07 | 0 | 0 | 124.29 | 23.71 | 17.83 | 37.68 | 33.08 | 7.58 | 26.62 | -13.04 | 1.85 | 8.82 | 0 | 0 | 53.5 | 33.65 | 1.02 | -0.97 | 43.16 | 2.59 | 13.51 | 10.92 | 0 | 0 | 60.29 | 25.03 | 73.81 | 21.22 | 2.84 | 735.29 | 63.13 | 30.0 | 0.15 | -10.32 |
| 2019 (6) | 46.21 | 6.5 | 6.41 | 620.22 | 30.04 | 46.54 | 0 | 0 | 100.47 | 5.3 | 12.95 | 12.12 | 30.75 | 27.33 | 30.61 | 20.92 | 1.7 | 17.24 | 0 | 0 | 40.03 | 21.41 | 1.03 | -23.7 | 42.07 | 7.87 | 12.18 | 10.43 | 0.48 | 6.67 | 48.22 | 20.01 | 60.89 | 17.87 | 0.34 | 0 | 48.56 | 22.32 | 0.17 | -3.16 |
| 2018 (5) | 43.39 | 9.79 | 0.89 | -78.96 | 20.5 | -23.05 | 0 | 0 | 95.41 | 39.65 | 11.55 | 16.78 | 24.15 | -9.14 | 25.31 | -34.94 | 1.45 | 1.4 | 0 | 0 | 32.97 | 7.57 | 1.35 | -21.97 | 39.0 | 8.33 | 11.03 | 9.86 | 0.45 | 246.15 | 40.18 | 12.17 | 51.66 | 12.35 | -0.48 | 0 | 39.7 | 12.24 | 0.17 | -5.9 |
| 2017 (4) | 39.52 | 11.01 | 4.23 | 6.55 | 26.64 | 198.32 | 0 | 0 | 68.32 | 17.87 | 9.89 | 27.45 | 26.58 | 68.65 | 38.91 | 43.08 | 1.43 | 88.16 | 0 | 0 | 30.65 | 14.71 | 1.73 | 25.36 | 36.0 | 0.03 | 10.04 | 8.42 | 0.13 | 0 | 35.82 | 9.27 | 45.98 | 9.35 | -0.45 | 0 | 35.37 | 8.33 | 0.18 | 1612.97 |
| 2016 (3) | 35.6 | 11.08 | 3.97 | -55.24 | 8.93 | 2.64 | 0 | 0 | 57.96 | 14.66 | 7.76 | 1.97 | 15.76 | 23.8 | 27.19 | 7.97 | 0.76 | 18.75 | 0 | 0 | 26.72 | 60.0 | 1.38 | 557.14 | 35.99 | 0.0 | 9.26 | 8.94 | 0 | 0 | 32.78 | 11.08 | 42.05 | 10.63 | -0.13 | 0 | 32.65 | 10.45 | 0.01 | -3.31 |
| 2015 (2) | 32.05 | -19.49 | 8.87 | 157.1 | 8.7 | -1.47 | 0 | 0 | 50.55 | -3.31 | 7.61 | -27.8 | 12.73 | 1.43 | 25.18 | 4.91 | 0.64 | 10.34 | 0 | 0 | 16.7 | 29.46 | 0.21 | -30.0 | 35.99 | -0.88 | 8.5 | 14.09 | 0 | 0 | 29.51 | 9.46 | 38.01 | 10.37 | 0.05 | -75.0 | 29.56 | 8.84 | 0.01 | -8.44 |
| 2014 (1) | 39.81 | -4.0 | 3.45 | -32.09 | 8.83 | 22.98 | 0 | 0 | 52.28 | -0.21 | 10.54 | 20.05 | 12.55 | -0.16 | 24.01 | 0.05 | 0.58 | -66.08 | 0 | 0 | 12.9 | 20.79 | 0.3 | 11.11 | 36.31 | -0.93 | 7.45 | 13.39 | 0.03 | -88.89 | 26.96 | 30.81 | 34.44 | 25.46 | 0.2 | 0 | 27.16 | 31.97 | 0.01 | -27.47 |
| 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) | 108.6 | -8.87 | 5.19 | 5.66 | 319.26 | 132.92 | 30.32 | -15.33 | -16.79 | 0 | 0 | 0 | 45.88 | 0.86 | 11.01 | 4.83 | -36.28 | -34.38 | 43.79 | 2.41 | 6.11 | 25.29 | -0.28 | -4.37 | 4.34 | -0.69 | 9.05 | 0 | 0 | 0 | 82.93 | 5.13 | -14.1 | 1.52 | -10.59 | -23.62 | 48.32 | 2.72 | 5.8 | 22.92 | 0.0 | 8.27 | 0 | 0 | 0 | 93.51 | 5.45 | 10.3 | 116.43 | 4.33 | 9.89 | 12.25 | -12.87 | 59.09 | 105.76 | 2.94 | 14.36 | 0.13 | -3.8 | -13.14 |
| 24Q2 (19) | 119.17 | 18.32 | 9.16 | 1.35 | 0.0 | -48.47 | 35.81 | -5.94 | 22.39 | 0 | 0 | 0 | 45.49 | 9.3 | 22.42 | 7.58 | 1.88 | 46.9 | 42.76 | 9.92 | 17.86 | 25.36 | 4.49 | 13.64 | 4.37 | -2.89 | 13.8 | 0 | 0 | 0 | 78.88 | -0.49 | -23.16 | 1.7 | -8.6 | -19.81 | 47.04 | 1.25 | 3.0 | 22.92 | 8.27 | 8.27 | 0 | 0 | 0 | 88.68 | 7.04 | 14.54 | 111.6 | 7.29 | 13.2 | 14.06 | 7.33 | 122.12 | 102.74 | 7.08 | 22.67 | 0.14 | -2.09 | -9.4 |
| 24Q1 (18) | 100.72 | 7.08 | 7.73 | 1.35 | -8.78 | -20.59 | 38.07 | -17.56 | 48.07 | 0 | 0 | 0 | 41.62 | 3.69 | 15.07 | 7.44 | 186.15 | 229.2 | 38.9 | 5.14 | 20.1 | 24.27 | 1.56 | 32.59 | 4.5 | 5.63 | 25.7 | 0 | 0 | 0 | 79.27 | -4.22 | -26.24 | 1.86 | -2.62 | -15.84 | 46.46 | 1.73 | 1.73 | 21.17 | 0.0 | 16.9 | 0 | 0 | 0 | 82.85 | -5.31 | 9.98 | 104.02 | -4.28 | 11.32 | 13.1 | 51.62 | 140.81 | 95.95 | -0.2 | 18.79 | 0.14 | -6.15 | -6.25 |
| 23Q4 (17) | 94.06 | -8.89 | 6.0 | 1.48 | -39.09 | 9.63 | 46.18 | 26.73 | 188.44 | 0 | 0 | 0 | 40.14 | -2.88 | -2.97 | 2.6 | -64.67 | 7.44 | 37.0 | -10.35 | -3.57 | 23.90 | -9.63 | 16.46 | 4.26 | 7.04 | 21.02 | 0 | 0 | 0 | 82.76 | -14.27 | -27.49 | 1.91 | -4.02 | -21.07 | 45.67 | 0.0 | 0.0 | 21.17 | 0.0 | 16.9 | 0 | 0 | 0 | 87.5 | 3.21 | -5.15 | 108.67 | 2.57 | -1.53 | 8.64 | 12.21 | 157.14 | 96.14 | 3.96 | 0.55 | 0.15 | -1.74 | -0.1 |
| 23Q3 (16) | 103.24 | -5.43 | 1.27 | 2.43 | -7.25 | 47.27 | 36.44 | 24.54 | 6.55 | 0 | 0 | 0 | 41.33 | 11.22 | -13.61 | 7.36 | 42.64 | -25.13 | 41.27 | 13.75 | -8.41 | 26.45 | 18.5 | 10.64 | 3.98 | 3.65 | 5.57 | 0 | 0 | 0 | 96.54 | -5.95 | -13.73 | 1.99 | -6.13 | -21.03 | 45.67 | 0.0 | 0.07 | 21.17 | 0.0 | -51.54 | 0 | 0 | 0 | 84.78 | 9.51 | 32.63 | 105.95 | 7.47 | -1.54 | 7.7 | 21.64 | 133.33 | 92.48 | 10.42 | 37.58 | 0.15 | 0.34 | 1.12 |
| 23Q2 (15) | 109.17 | 16.77 | 31.56 | 2.62 | 54.12 | -23.84 | 29.26 | 13.81 | -13.53 | 0 | 0 | 0 | 37.16 | 2.74 | -27.9 | 5.16 | 128.32 | -47.72 | 36.28 | 12.01 | -25.94 | 22.32 | 21.92 | -14.59 | 3.84 | 7.26 | 2.4 | 0 | 0 | 0 | 102.65 | -4.48 | 3.74 | 2.12 | -4.07 | -14.86 | 45.67 | 0.0 | 0.77 | 21.17 | 16.9 | 16.9 | 0 | 0 | 0 | 77.42 | 2.77 | -2.81 | 98.59 | 5.51 | 0.84 | 6.33 | 16.36 | -27.49 | 83.75 | 3.69 | -5.25 | 0.15 | 1.32 | 5.48 |
| 23Q1 (14) | 93.49 | 5.35 | 7.62 | 1.7 | 25.93 | -6.59 | 25.71 | 60.59 | -14.3 | 0 | 0 | 0 | 36.17 | -12.57 | -21.71 | 2.26 | -6.61 | -72.51 | 32.39 | -15.59 | -28.45 | 18.31 | -10.8 | -28.03 | 3.58 | 1.7 | 0.0 | 0 | 0 | 0 | 107.47 | -5.84 | -1.66 | 2.21 | -8.68 | 13.92 | 45.67 | 0.0 | 0.88 | 18.11 | 0.0 | 18.6 | 0 | 0 | 0 | 75.33 | -18.34 | 3.63 | 93.44 | -15.33 | 6.24 | 5.44 | 61.9 | -16.69 | 80.77 | -15.52 | 1.96 | 0.15 | 0.01 | 7.95 |
| 22Q4 (13) | 88.74 | -12.96 | 11.72 | 1.35 | -18.18 | -44.9 | 16.01 | -53.19 | -37.66 | 0 | 0 | 0 | 41.37 | -13.52 | -3.59 | 2.42 | -75.38 | -64.83 | 38.37 | -14.85 | -0.93 | 20.52 | -14.15 | -11.6 | 3.52 | -6.63 | 15.79 | 0 | 0 | 0 | 114.13 | 1.99 | 12.63 | 2.42 | -3.97 | 25.39 | 45.67 | 0.07 | 1.02 | 18.11 | -58.55 | 18.6 | 0 | 0 | 0 | 92.25 | 44.32 | 18.03 | 110.36 | 2.56 | 18.12 | 3.36 | 1.82 | -47.17 | 95.61 | 42.23 | 13.12 | 0.15 | -0.54 | 11.94 |
| 22Q3 (12) | 101.95 | 22.86 | 43.33 | 1.65 | -52.03 | -83.06 | 34.2 | 1.06 | 14.73 | 0 | 0 | 0 | 47.84 | -7.18 | 2.2 | 9.83 | -0.41 | 14.7 | 45.06 | -8.02 | 4.62 | 23.91 | -8.52 | -11.71 | 3.77 | 0.53 | 27.8 | 0 | 0 | 0 | 111.9 | 13.09 | 17.73 | 2.52 | 1.2 | -21.0 | 45.64 | 0.71 | 1.4 | 43.69 | 141.25 | 186.12 | 0 | 0 | 0 | 63.92 | -19.76 | -9.63 | 107.61 | 10.06 | 25.13 | 3.3 | -62.2 | -34.13 | 67.22 | -23.95 | -11.25 | 0.15 | 4.67 | 8.41 |
| 22Q2 (11) | 82.98 | -4.48 | 50.03 | 3.44 | 89.01 | 3.93 | 33.84 | 12.8 | 31.52 | 0 | 0 | 0 | 51.54 | 11.56 | 22.57 | 9.87 | 20.07 | 44.09 | 48.99 | 8.22 | 21.99 | 26.13 | 2.74 | -5.5 | 3.75 | 4.75 | 16.46 | 0 | 0 | 0 | 98.95 | -9.45 | 19.39 | 2.49 | 28.35 | -19.68 | 45.32 | 0.11 | 2.1 | 18.11 | 18.6 | 34.05 | 0 | 0 | 0 | 79.66 | 9.59 | 24.62 | 97.77 | 11.17 | 26.27 | 8.73 | 33.69 | 119.35 | 88.39 | 11.58 | 30.18 | 0.14 | 3.69 | 1.8 |
| 22Q1 (10) | 86.87 | 9.37 | 33.03 | 1.82 | -25.71 | -80.84 | 30.0 | 16.82 | 24.02 | 0 | 0 | 0 | 46.2 | 7.67 | 31.85 | 8.22 | 19.48 | 47.31 | 45.27 | 16.89 | 25.16 | 25.44 | 9.56 | -7.06 | 3.58 | 17.76 | 67.29 | 0 | 0 | 0 | 109.28 | 7.85 | 45.45 | 1.94 | 0.52 | 38.57 | 45.27 | 0.13 | 2.28 | 15.27 | 0.0 | 13.03 | 0 | 0 | 0 | 72.69 | -7.0 | 27.37 | 87.95 | -5.87 | 24.61 | 6.53 | 2.67 | 64.07 | 79.22 | -6.27 | 29.76 | 0.14 | 3.7 | -5.63 |
| 21Q4 (9) | 79.43 | 11.67 | 41.11 | 2.45 | -74.85 | -77.04 | 25.68 | -13.85 | -32.19 | 0 | 0 | 0 | 42.91 | -8.33 | 22.04 | 6.88 | -19.72 | 41.86 | 38.73 | -10.08 | 17.08 | 23.22 | -14.25 | -12.76 | 3.04 | 3.05 | 64.32 | 0 | 0 | 0 | 101.33 | 6.61 | 89.4 | 1.93 | -39.5 | 89.22 | 45.21 | 0.44 | 4.75 | 15.27 | 0.0 | 13.03 | 0 | 0 | 0 | 78.16 | 10.5 | 29.64 | 93.43 | 8.64 | 26.58 | 6.36 | 26.95 | 123.94 | 84.52 | 11.59 | 33.88 | 0.13 | -3.67 | -11.17 |
| 21Q3 (8) | 71.13 | 28.6 | 15.83 | 9.74 | 194.26 | -37.32 | 29.81 | 15.86 | -24.09 | 0 | 0 | 0 | 46.81 | 11.32 | 41.98 | 8.57 | 25.11 | 71.06 | 43.07 | 7.25 | 32.81 | 27.08 | -2.09 | 1.82 | 2.95 | -8.39 | 53.65 | 0 | 0 | 0 | 95.05 | 14.68 | 92.37 | 3.19 | 2.9 | 254.44 | 45.01 | 1.4 | 6.21 | 15.27 | 13.03 | 13.03 | 0 | 0 | 0 | 70.73 | 10.65 | 26.92 | 86.0 | 11.07 | 24.21 | 5.01 | 25.88 | 626.09 | 75.74 | 11.55 | 34.24 | 0.14 | -1.72 | -12.65 |
| 21Q2 (7) | 55.31 | -15.3 | -7.92 | 3.31 | -65.16 | -67.49 | 25.73 | 6.37 | 0 | 0 | 0 | 0 | 42.05 | 20.01 | 45.05 | 6.85 | 22.76 | 48.91 | 40.16 | 11.03 | 30.52 | 27.65 | 1.05 | 0 | 3.22 | 50.47 | 52.61 | 0 | 0 | 0 | 82.88 | 10.32 | 103.39 | 3.1 | 121.43 | 219.59 | 44.39 | 0.29 | 5.31 | 13.51 | 0.0 | 0.0 | 0 | 0 | 0 | 63.92 | 12.0 | 26.03 | 77.43 | 9.71 | 20.55 | 3.98 | 0.0 | 946.81 | 67.9 | 11.22 | 35.12 | 0.14 | -3.88 | -14.88 |
| 21Q1 (6) | 65.3 | 16.01 | 22.95 | 9.5 | -10.97 | 55.48 | 24.19 | -36.12 | -27.6 | 0 | 0 | 0 | 35.04 | -0.34 | 28.97 | 5.58 | 15.05 | 65.58 | 36.17 | 9.34 | 13.03 | 27.37 | 2.83 | 0 | 2.14 | 15.68 | 17.58 | 0 | 0 | 0 | 75.13 | 40.43 | 89.91 | 1.4 | 37.25 | 48.94 | 44.26 | 2.55 | 5.03 | 13.51 | 0.0 | 10.92 | 0 | 0 | -100.0 | 57.07 | -5.34 | 21.53 | 70.58 | -4.38 | 18.38 | 3.98 | 40.14 | 929.17 | 61.05 | -3.29 | 31.35 | 0.15 | -2.38 | -11.08 |
| 20Q4 (5) | 56.29 | -8.34 | 21.81 | 10.67 | -31.34 | 66.46 | 37.87 | -3.57 | 0 | 0 | 0 | 0 | 35.16 | 6.64 | 7.16 | 4.85 | -3.19 | 7.06 | 33.08 | 2.0 | 7.58 | 26.62 | 0.08 | 0 | 1.85 | -3.65 | 8.82 | 0 | 0 | 0 | 53.5 | 8.28 | 33.65 | 1.02 | 13.33 | -8.93 | 43.16 | 1.84 | 2.59 | 13.51 | 0.0 | 10.92 | 0 | 0 | -100.0 | 60.29 | 8.18 | 25.03 | 73.81 | 6.6 | 21.22 | 2.84 | 311.59 | 735.29 | 63.13 | 11.89 | 30.0 | 0.15 | -5.27 | -10.28 |
| 20Q3 (4) | 61.41 | 2.23 | 0.0 | 15.54 | 52.65 | 0.0 | 39.27 | 0 | 0.0 | 0 | 0 | 0.0 | 32.97 | 13.73 | 0.0 | 5.01 | 8.91 | 0.0 | 32.43 | 5.39 | 0.0 | 26.60 | 0 | 0.0 | 1.92 | -9.0 | 0.0 | 0 | 0 | 0.0 | 49.41 | 21.25 | 0.0 | 0.9 | -7.22 | 0.0 | 42.38 | 0.55 | 0.0 | 13.51 | 0.0 | 0.0 | 0 | 0 | 0.0 | 55.73 | 9.88 | 0.0 | 69.24 | 7.8 | 0.0 | 0.69 | 246.81 | 0.0 | 56.42 | 12.28 | 0.0 | 0.16 | -4.23 | 0.0 |
