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) | 67.8 | -40.74 | 53.18 | -3.83 | 0.31 | -93.95 | 0 | 0 | 464.96 | -32.08 | 25.07 | -37.98 | 147.24 | -19.97 | 31.67 | 17.83 | 26.98 | -39.15 | 0 | 0 | 21.79 | -23.78 | 0 | 0 | 29.24 | 0.0 | 25.76 | 18.6 | 4.43 | -76.93 | 117.79 | 15.05 | 147.98 | 3.27 | -4.1 | 0 | 113.69 | 12.62 | 0.00 | 52.23 |
| 2022 (9) | 114.41 | 39.15 | 55.3 | -36.3 | 5.12 | 115.13 | 0 | 0 | 684.55 | 4.16 | 40.42 | 8.86 | 183.98 | -17.04 | 26.88 | -20.36 | 44.34 | -24.19 | 0 | 0 | 28.59 | 13.0 | 0 | 0 | 29.24 | 0.0 | 21.72 | 18.17 | 19.2 | 0.37 | 102.38 | 23.51 | 143.3 | 19.02 | -1.43 | 0 | 100.95 | 51.37 | 0.00 | 0 |
| 2021 (8) | 82.22 | 7.34 | 86.81 | 116.38 | 2.38 | -61.67 | 0 | 0 | 657.2 | 58.72 | 37.13 | 69.23 | 221.78 | 71.46 | 33.75 | 8.02 | 58.49 | 79.09 | 0 | 0 | 25.3 | -5.39 | 0 | 0 | 29.24 | 0.0 | 18.38 | 13.46 | 19.13 | 45.48 | 82.89 | 23.18 | 120.4 | 24.57 | -16.2 | 0 | 66.69 | 30.36 | -0.00 | 0 |
| 2020 (7) | 76.6 | 23.67 | 40.12 | 86.6 | 6.21 | 952.54 | 0 | 0 | 414.06 | 9.23 | 21.94 | 7.81 | 129.35 | 3.43 | 31.24 | -5.31 | 32.66 | 8.22 | 0.06 | 200.0 | 26.74 | 67.44 | 0 | 0 | 29.24 | 0.0 | 16.2 | 14.33 | 13.15 | 58.82 | 67.29 | 10.98 | 96.65 | 16.33 | -16.13 | 0 | 51.16 | 1.35 | 0.00 | -57.08 |
| 2019 (6) | 61.94 | 24.13 | 21.5 | -24.72 | 0.59 | 31.11 | 0 | 0 | 379.06 | 23.74 | 20.35 | 159.24 | 125.06 | 2.03 | 32.99 | -17.54 | 30.18 | 6.64 | 0.02 | -98.81 | 15.97 | 80.45 | 0 | 0 | 29.24 | 0.0 | 14.17 | 5.9 | 8.28 | -17.94 | 60.63 | 40.71 | 83.08 | 24.82 | -10.15 | 0 | 50.48 | 33.51 | 0.00 | -49.93 |
| 2018 (5) | 49.9 | -21.53 | 28.56 | -11.85 | 0.45 | 0 | 0 | 0 | 306.34 | 16.35 | 7.85 | 1.82 | 122.57 | 34.5 | 40.01 | 15.6 | 28.3 | 35.8 | 1.68 | -30.29 | 8.85 | -3.49 | 0 | 0 | 29.24 | -1.02 | 13.38 | 6.11 | 10.09 | 236.33 | 43.09 | -8.14 | 66.56 | 6.44 | -5.28 | 0 | 37.81 | -5.05 | 0.00 | -54.74 |
| 2017 (4) | 63.59 | 10.06 | 32.4 | -23.66 | 0 | 0 | 0 | 0 | 263.3 | -12.37 | 7.71 | 35.03 | 91.13 | -25.59 | 34.61 | -15.09 | 20.84 | -12.99 | 2.41 | -23.49 | 9.17 | 183.9 | 0 | 0 | 29.54 | 0.0 | 12.61 | 4.73 | 3.0 | 0.0 | 46.91 | 9.22 | 62.53 | 7.83 | -7.09 | 0 | 39.82 | -14.35 | 0.00 | 301.83 |
| 2016 (3) | 57.78 | 27.97 | 42.44 | 64.18 | 0 | 0 | 0 | 0 | 300.46 | -0.33 | 5.71 | -36.41 | 122.47 | 5.71 | 40.76 | 6.06 | 23.95 | 14.05 | 3.15 | -25.36 | 3.23 | -68.24 | 0 | 0 | 29.54 | 0.0 | 12.04 | 8.08 | 3.0 | 0.0 | 42.95 | 0.61 | 57.99 | 2.02 | 3.54 | -55.25 | 46.49 | -8.12 | 0.00 | -64.61 |
| 2015 (2) | 45.15 | -29.46 | 25.85 | -16.13 | 3.39 | 1440.91 | 0 | 0 | 301.45 | -11.24 | 8.98 | -15.44 | 115.85 | -6.45 | 38.43 | 5.39 | 21.0 | 16.09 | 4.22 | 0.72 | 10.17 | -43.84 | 0 | 0 | 29.54 | 5.01 | 11.14 | 10.52 | 3.0 | -46.14 | 42.69 | 12.08 | 56.84 | 5.77 | 7.91 | 87.44 | 50.6 | 19.59 | 0.00 | -52.2 |
| 2014 (1) | 64.01 | -5.83 | 30.82 | 817.26 | 0.22 | -96.91 | 0 | 0 | 339.62 | -17.66 | 10.62 | -11.94 | 123.84 | 6.53 | 36.46 | 29.37 | 18.09 | 4.33 | 4.19 | 24.7 | 18.11 | 144.4 | 0 | 0 | 28.13 | 4.19 | 10.08 | 13.51 | 5.57 | -43.91 | 38.09 | 5.25 | 53.74 | -2.29 | 4.22 | 0 | 42.31 | 25.85 | 0.01 | -97.68 |
| 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) | 86.18 | -3.27 | 2.94 | 42.49 | -11.5 | -33.35 | 0.63 | 0.0 | -80.25 | 0 | 0 | 0 | 110.09 | -4.29 | -13.59 | 6.62 | -22.93 | -27.49 | 150.55 | -5.59 | -13.52 | 33.02 | -2.0 | -1.49 | 32.98 | 19.02 | -2.51 | 0 | 0 | 0 | 30.71 | 28.71 | 37.47 | 0 | 0 | 0 | 29.24 | 0.0 | 0.0 | 28.28 | 0.0 | 9.78 | 7.1 | 0.0 | 60.27 | 120.03 | 5.84 | 8.2 | 155.4 | 4.45 | 10.11 | 3.0 | -65.03 | -62.73 | 123.03 | 0.85 | 3.4 | 0.00 | 4.03 | 29.39 |
| 24Q2 (19) | 89.09 | 0.87 | 26.64 | 48.01 | 3.4 | 4.78 | 0.63 | 103.23 | -79.74 | 0 | 0 | 0 | 115.02 | 5.24 | -5.61 | 8.59 | 26.14 | 35.92 | 159.46 | 10.68 | 5.92 | 33.69 | 12.28 | 26.54 | 27.71 | -1.84 | -5.65 | 0 | 0 | 0 | 23.86 | -19.09 | -2.61 | 0 | 0 | 0 | 29.24 | 0.0 | 0.0 | 28.28 | 9.78 | 9.78 | 7.1 | 60.27 | 60.27 | 113.41 | 3.1 | 11.4 | 148.78 | 6.13 | 12.72 | 8.58 | 46.92 | 2006.67 | 121.99 | 5.31 | 20.37 | 0.00 | -13.23 | 28.75 |
| 24Q1 (18) | 88.32 | 30.27 | 1.68 | 46.43 | -12.69 | 0.93 | 0.31 | 0.0 | -89.84 | 0 | 0 | 0 | 109.29 | -10.1 | 16.12 | 6.81 | 0.59 | 138.95 | 144.07 | -2.15 | 16.04 | 30.01 | -5.24 | 44.37 | 28.23 | 4.63 | -25.14 | 0 | 0 | 0 | 29.49 | 35.34 | 20.37 | 0 | 0 | 0 | 29.24 | 0.0 | 0.0 | 25.76 | 0.0 | 18.6 | 4.43 | 0.0 | -76.93 | 110.0 | -6.61 | 29.78 | 140.19 | -5.26 | 11.55 | 5.84 | 242.44 | 326.36 | 115.84 | 1.89 | 40.96 | 0.00 | 18.69 | 51.74 |
| 23Q4 (17) | 67.8 | -19.02 | -40.74 | 53.18 | -16.58 | -3.83 | 0.31 | -90.28 | -93.95 | 0 | 0 | 0 | 121.57 | -4.58 | -30.91 | 6.77 | -25.85 | -26.41 | 147.24 | -15.42 | -19.97 | 31.67 | -5.52 | 17.83 | 26.98 | -20.25 | -39.15 | 0 | 0 | 0 | 21.79 | -2.46 | -23.78 | 0 | 0 | 0 | 29.24 | 0.0 | 0.0 | 25.76 | 0.0 | 18.6 | 4.43 | 0.0 | -76.93 | 117.79 | 6.18 | 15.05 | 147.98 | 4.85 | 3.27 | -4.1 | -150.93 | -186.71 | 113.69 | -4.45 | 12.62 | 0.00 | 20.77 | 52.23 |
| 23Q3 (16) | 83.72 | 19.0 | -22.6 | 63.75 | 39.13 | -5.7 | 3.19 | 2.57 | -17.99 | 0 | 0 | 0 | 127.41 | 4.55 | -26.55 | 9.13 | 44.46 | -13.79 | 174.08 | 15.63 | -9.4 | 33.52 | 25.88 | 23.09 | 33.83 | 15.19 | -39.49 | 0 | 0 | 0 | 22.34 | -8.82 | -0.31 | 0 | 0 | 0 | 29.24 | 0.0 | 0.0 | 25.76 | 0.0 | 18.6 | 4.43 | 0.0 | -76.93 | 110.93 | 8.97 | 19.06 | 141.13 | 6.92 | 5.26 | 8.05 | 1888.89 | 69.12 | 118.98 | 17.4 | 21.49 | 0.00 | 3.52 | 46.66 |
| 23Q2 (15) | 70.35 | -19.01 | -12.1 | 45.82 | -0.39 | -33.03 | 3.11 | 1.97 | -4.6 | 0 | 0 | 0 | 121.86 | 29.47 | -20.77 | 6.32 | 121.75 | -24.76 | 150.55 | 21.25 | -21.81 | 26.63 | 28.1 | -0.48 | 29.37 | -22.12 | -56.17 | 0 | 0 | 0 | 24.5 | 0.0 | -1.72 | 0 | 0 | 0 | 29.24 | 0.0 | 0.0 | 25.76 | 18.6 | 18.6 | 4.43 | -76.93 | -76.93 | 101.8 | 20.1 | 23.29 | 131.99 | 5.03 | 6.89 | -0.45 | 82.56 | 92.57 | 101.35 | 23.33 | 32.47 | 0.00 | 2.26 | 0 |
| 23Q1 (14) | 86.86 | -24.08 | -15.74 | 46.0 | -16.82 | -33.08 | 3.05 | -40.43 | 8.93 | 0 | 0 | 0 | 94.12 | -46.51 | -48.09 | 2.85 | -69.02 | -76.7 | 124.16 | -32.51 | -39.84 | 20.78 | -22.66 | -27.15 | 37.71 | -14.95 | -53.14 | 0 | 0 | 0 | 24.5 | -14.31 | 21.83 | 0 | 0 | 0 | 29.24 | 0.0 | 0.0 | 21.72 | 0.0 | 18.17 | 19.2 | 0.0 | 0.37 | 84.76 | -17.21 | -10.89 | 125.67 | -12.3 | -5.25 | -2.58 | -80.42 | 74.95 | 82.18 | -18.59 | -3.11 | 0.00 | 19.08 | 1493.45 |
| 22Q4 (13) | 114.41 | 5.77 | 39.15 | 55.3 | -18.2 | -36.3 | 5.12 | 31.62 | 115.13 | 0 | 0 | 0 | 175.97 | 1.44 | -10.71 | 9.2 | -13.13 | -30.09 | 183.98 | -4.25 | -17.04 | 26.88 | -1.3 | -20.36 | 44.34 | -20.69 | -24.19 | 0 | 0 | 0 | 28.59 | 27.58 | 13.0 | 0 | 0 | 0 | 29.24 | 0.0 | 0.0 | 21.72 | 0.0 | 18.17 | 19.2 | 0.0 | 0.37 | 102.38 | 9.89 | 23.51 | 143.3 | 6.88 | 19.02 | -1.43 | -130.04 | 91.17 | 100.95 | 3.08 | 51.37 | 0.00 | 16.35 | 249.98 |
| 22Q3 (12) | 108.17 | 35.16 | 50.97 | 67.6 | -1.2 | -8.44 | 3.89 | 19.33 | 53.75 | 0 | 0 | 0 | 173.47 | 12.79 | -7.47 | 10.59 | 26.07 | -5.36 | 192.15 | -0.2 | -9.11 | 27.23 | 1.78 | -25.29 | 55.91 | -16.56 | -9.94 | 0 | 0 | -100.0 | 22.41 | -10.11 | -11.63 | 0 | 0 | 0 | 29.24 | 0.0 | 0.0 | 21.72 | 0.0 | 18.17 | 19.2 | 0.0 | 0.37 | 93.17 | 12.84 | 33.81 | 134.08 | 8.58 | 25.14 | 4.76 | 178.55 | 131.52 | 97.93 | 28.0 | 79.59 | 0.00 | 0 | 219.01 |
| 22Q2 (11) | 80.03 | -22.36 | 33.61 | 68.42 | -0.47 | 30.22 | 3.26 | 16.43 | 22.1 | 0 | 0 | 0 | 153.8 | -15.17 | -2.38 | 8.4 | -31.32 | -4.22 | 192.54 | -6.71 | 14.03 | 26.75 | -6.22 | -19.61 | 67.01 | -16.74 | 30.7 | 0 | 0 | -100.0 | 24.93 | 23.97 | -1.7 | 0 | 0 | 0 | 29.24 | 0.0 | 0.0 | 21.72 | 18.17 | 34.07 | 19.2 | 0.37 | 46.01 | 82.57 | -13.19 | 8.29 | 123.48 | -6.9 | 16.93 | -6.06 | 41.17 | 60.8 | 76.51 | -9.8 | 25.86 | 0.00 | 100.0 | 100.0 |
| 22Q1 (10) | 103.08 | 25.37 | 43.97 | 68.74 | -20.82 | 43.48 | 2.8 | 17.65 | -60.45 | 0 | 0 | 0 | 181.31 | -8.0 | 57.5 | 12.23 | -7.07 | 204.99 | 206.39 | -6.94 | 54.68 | 28.53 | -15.45 | -4.7 | 80.48 | 37.6 | 94.02 | 0 | 0 | -100.0 | 20.11 | -20.51 | -21.93 | 0 | 0 | 0 | 29.24 | 0.0 | 0.0 | 18.38 | 0.0 | 13.46 | 19.13 | 0.0 | 45.48 | 95.12 | 14.75 | 33.41 | 132.63 | 10.16 | 31.77 | -10.3 | 36.42 | 36.1 | 84.82 | 27.19 | 53.72 | -0.00 | 87.18 | -139.32 |
| 21Q4 (9) | 82.22 | 14.75 | 7.34 | 86.81 | 17.58 | 116.38 | 2.38 | -5.93 | -61.67 | 0 | 0 | 0 | 197.07 | 5.12 | 64.39 | 13.16 | 17.61 | 77.84 | 221.78 | 4.91 | 71.46 | 33.75 | -7.41 | 8.02 | 58.49 | -5.78 | 79.09 | 0 | -100.0 | -100.0 | 25.3 | -0.24 | -5.39 | 0 | 0 | 0 | 29.24 | 0.0 | 0.0 | 18.38 | 0.0 | 13.46 | 19.13 | 0.0 | 45.48 | 82.89 | 19.04 | 23.18 | 120.4 | 12.38 | 24.57 | -16.2 | -7.28 | -0.43 | 66.69 | 22.3 | 30.36 | -0.00 | 7.68 | -219.18 |
| 21Q3 (8) | 71.65 | 19.62 | 19.34 | 73.83 | 40.52 | 138.08 | 2.53 | -5.24 | 61.15 | 0 | 0 | 0 | 187.47 | 18.99 | 63.32 | 11.19 | 27.59 | 44.2 | 211.4 | 25.2 | 69.43 | 36.45 | 9.51 | 14.35 | 62.08 | 21.08 | 102.15 | 0.01 | -50.0 | 0 | 25.36 | 0.0 | 22.81 | 0 | 0 | 0 | 29.24 | 0.0 | 0.0 | 18.38 | 13.46 | 13.46 | 19.13 | 45.48 | 45.48 | 69.63 | -8.68 | 15.9 | 107.14 | 1.46 | 19.8 | -15.1 | 2.33 | -7.63 | 54.53 | -10.3 | 18.41 | -0.00 | -130.38 | -169.02 |
| 21Q2 (7) | 59.9 | -16.34 | -12.13 | 52.54 | 9.66 | 73.97 | 2.67 | -62.29 | 360.34 | 0 | 0 | 0 | 157.55 | 36.86 | 64.27 | 8.77 | 118.7 | 69.31 | 168.85 | 26.55 | 45.87 | 33.28 | 11.17 | 0 | 51.27 | 23.6 | 60.37 | 0.02 | -50.0 | 0 | 25.36 | -1.55 | 16.12 | 0 | 0 | 0 | 29.24 | 0.0 | 0.0 | 16.2 | 0.0 | 0.0 | 13.15 | 0.0 | 0.0 | 76.25 | 6.94 | 45.74 | 105.6 | 4.92 | 29.29 | -15.46 | 4.09 | -26.62 | 60.79 | 10.17 | 51.56 | -0.00 | -244.22 | -123.4 |
| 21Q1 (6) | 71.6 | -6.53 | 18.52 | 47.91 | 19.42 | 104.74 | 7.08 | 14.01 | 763.41 | 0 | 0 | 0 | 115.12 | -3.97 | 37.9 | 4.01 | -45.81 | 149.07 | 133.43 | 3.15 | 37.59 | 29.94 | -4.17 | 0 | 41.48 | 27.01 | 28.42 | 0.04 | -33.33 | 300.0 | 25.76 | -3.66 | 64.81 | 0 | 0 | 0 | 29.24 | 0.0 | 0.0 | 16.2 | 0.0 | 14.33 | 13.15 | 0.0 | 58.82 | 71.3 | 5.96 | 14.56 | 100.65 | 4.14 | 18.85 | -16.12 | 0.06 | -47.48 | 55.18 | 7.86 | 7.54 | 0.00 | -61.15 | -85.8 |
| 20Q4 (5) | 76.6 | 27.58 | 23.67 | 40.12 | 29.38 | 86.6 | 6.21 | 295.54 | 952.54 | 0 | 0 | 0 | 119.88 | 4.43 | 23.23 | 7.4 | -4.64 | 18.21 | 129.35 | 3.67 | 3.43 | 31.24 | -1.99 | 0 | 32.66 | 6.35 | 8.22 | 0.06 | 0 | 200.0 | 26.74 | 29.49 | 67.44 | 0 | 0 | 0 | 29.24 | 0.0 | 0.0 | 16.2 | 0.0 | 14.33 | 13.15 | 0.0 | 58.82 | 67.29 | 12.0 | 10.98 | 96.65 | 8.07 | 16.33 | -16.13 | -14.97 | -58.92 | 51.16 | 11.1 | 1.35 | 0.00 | -46.53 | -57.08 |
| 20Q3 (4) | 60.04 | -11.93 | 0.0 | 31.01 | 2.68 | 0.0 | 1.57 | 170.69 | 0.0 | 0 | 0 | 0.0 | 114.79 | 19.69 | 0.0 | 7.76 | 49.81 | 0.0 | 124.77 | 7.79 | 0.0 | 31.87 | 0 | 0.0 | 30.71 | -3.94 | 0.0 | 0 | 0 | 0.0 | 20.65 | -5.45 | 0.0 | 0 | 0 | 0.0 | 29.24 | 0.0 | 0.0 | 16.2 | 0.0 | 0.0 | 13.15 | 0.0 | 0.0 | 60.08 | 14.83 | 0.0 | 89.43 | 9.49 | 0.0 | -14.03 | -14.91 | 0.0 | 46.05 | 14.81 | 0.0 | 0.00 | -21.9 | 0.0 |
