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) | 67.28 | -12.76 | 41.12 | 132.58 | 2.83 | -30.98 | 0 | 0 | 278.45 | 9.97 | 0.46 | -92.77 | 84.89 | 30.0 | 30.49 | 18.22 | 73.71 | 25.02 | 23.79 | 397.7 | 76.85 | -21.98 | 97.47 | 0 | 86.21 | 63.8 | 14.14 | 4.66 | 2.35 | 132.67 | 29.43 | -7.51 | 45.93 | -0.86 | -4.07 | 0 | 25.36 | -4.88 | 0.02 | -72.33 |
| 2022 (9) | 77.12 | 56.33 | 17.68 | -64.07 | 4.1 | 106.03 | 0 | 0 | 253.21 | 15.59 | 6.36 | 5.65 | 65.3 | -8.36 | 25.79 | -20.72 | 58.96 | 7.73 | 4.78 | 4.37 | 98.5 | 166.14 | 0 | 0 | 52.63 | 1.88 | 13.51 | 4.73 | 1.01 | 119.57 | 31.82 | 0.13 | 46.33 | 2.66 | -5.16 | 0 | 26.66 | -13.36 | 0.06 | -4.55 |
| 2021 (8) | 49.33 | 10.04 | 49.21 | -9.92 | 1.99 | 323.4 | 0 | 0 | 219.06 | 4.39 | 6.02 | -54.15 | 71.26 | 26.75 | 32.53 | 21.42 | 54.73 | 83.9 | 4.58 | 1377.42 | 37.01 | 210.75 | 0 | 0 | 51.66 | 0.0 | 12.9 | 10.92 | 0.46 | 0.0 | 31.78 | -4.19 | 45.13 | -0.29 | -1.01 | 0 | 30.77 | -5.93 | 0.06 | -10.1 |
| 2020 (7) | 44.83 | 150.31 | 54.63 | 133.86 | 0.47 | 135.0 | 0 | 0 | 209.84 | 1.94 | 13.13 | -11.58 | 56.22 | 12.13 | 26.79 | 9.99 | 29.76 | -28.53 | 0.31 | -24.39 | 11.91 | 235.49 | 0 | 0 | 51.66 | 0.0 | 11.63 | 14.69 | 0.46 | -60.68 | 33.17 | 23.35 | 45.26 | 18.45 | -0.46 | 0 | 32.71 | 23.76 | 0.06 | 2.4 |
| 2019 (6) | 17.91 | 97.03 | 23.36 | 80.67 | 0.2 | 900.0 | 0 | 0 | 205.84 | 9.88 | 14.85 | 47.76 | 50.14 | -7.8 | 24.36 | -16.09 | 41.64 | 2.33 | 0.41 | -31.67 | 3.55 | 787.5 | 0 | 0 | 51.66 | 0.0 | 10.14 | 10.94 | 1.17 | 21.88 | 26.89 | 43.64 | 38.21 | 32.58 | -0.46 | 0 | 26.43 | 43.02 | 0.06 | 66.63 |
| 2018 (5) | 9.09 | -49.89 | 12.93 | 84.98 | 0.02 | 0 | 0 | 0 | 187.33 | 5.23 | 10.05 | 223.15 | 54.38 | 12.26 | 29.03 | 6.68 | 40.69 | 61.6 | 0.6 | -34.07 | 0.4 | 0 | 0 | 0 | 51.66 | -0.35 | 9.14 | 3.63 | 0.96 | 190.91 | 18.72 | 51.21 | 28.82 | 33.86 | -0.24 | 0 | 18.48 | 69.7 | 0.04 | -2.29 |
| 2017 (4) | 18.14 | -38.63 | 6.99 | 0 | 0 | 0 | 0 | 0 | 178.02 | -9.86 | 3.11 | -40.31 | 48.44 | -5.94 | 27.21 | 4.35 | 25.18 | 3.79 | 0.91 | -4.21 | 0 | 0 | 0 | 0 | 51.84 | -0.29 | 8.82 | 6.27 | 0.33 | 0 | 12.38 | -16.58 | 21.53 | -6.96 | -1.49 | 0 | 10.89 | -20.16 | 0.04 | 16.99 |
| 2016 (3) | 29.56 | -5.98 | 0 | 0 | 0 | 0 | 0 | 0 | 197.5 | -5.21 | 5.21 | -22.35 | 51.5 | 5.62 | 26.08 | 11.43 | 24.26 | -8.76 | 0.95 | -39.87 | 0 | 0 | 0 | 0 | 51.99 | 0.27 | 8.3 | 8.78 | 0 | 0 | 14.84 | -8.68 | 23.14 | -3.14 | -1.2 | 0 | 13.64 | -16.06 | 0.03 | 3.49 |
| 2015 (2) | 31.44 | 17.97 | 0.36 | -87.05 | 0 | 0 | 0 | 0 | 208.36 | -13.49 | 6.71 | -39.06 | 48.76 | -16.22 | 23.40 | -3.16 | 26.59 | -11.13 | 1.58 | -5.39 | 0 | 0 | 0 | 0 | 51.85 | -0.97 | 7.63 | 16.85 | 0 | 0 | 16.25 | -18.79 | 23.89 | -10.02 | 0 | 0 | 16.25 | -24.21 | 0.03 | 2.39 |
| 2014 (1) | 26.65 | -21.82 | 2.78 | -35.94 | 0 | 0 | 0 | 0 | 240.85 | -2.07 | 11.01 | -11.78 | 58.2 | 3.85 | 24.16 | 6.05 | 29.92 | 11.56 | 1.67 | 34.68 | 0 | 0 | 0 | 0 | 52.36 | 0.89 | 6.53 | 23.67 | 0 | 0 | 20.01 | 1.32 | 26.55 | 6.07 | 1.43 | 232.56 | 21.44 | 6.24 | 0.03 | -23.67 |
| 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) | 71.96 | -1.76 | 41.07 | 46.44 | 5.28 | 93.26 | 4.06 | 16.0 | -40.47 | 0 | 0 | 0 | 84.25 | 6.12 | -11.6 | -2.22 | -264.44 | -408.33 | 84.94 | 10.77 | -9.71 | 26.72 | 14.63 | -27.8 | 70.49 | 2.41 | -10.2 | 22.05 | 0.73 | 211.0 | 70.06 | -0.79 | -1.39 | 96.53 | -0.93 | -2.64 | 85.88 | -0.29 | 1.02 | 14.21 | 0.0 | 0.5 | 2.67 | 0.0 | 13.62 | 22.99 | -8.7 | -23.29 | 39.87 | -5.21 | -14.2 | -1.51 | -571.88 | -403.33 | 21.48 | -15.76 | -27.6 | 0.02 | 2.93 | -3.31 |
| 24Q2 (19) | 73.25 | -2.54 | -63.2 | 44.11 | -4.73 | -58.79 | 3.5 | -0.57 | 48.31 | 0 | 0 | 0 | 79.39 | 10.49 | 60.9 | 1.35 | 266.67 | 800.0 | 76.68 | 7.79 | 50.09 | 23.31 | -2.06 | 3.27 | 68.83 | -4.61 | 33.81 | 21.89 | -0.59 | 334.33 | 70.62 | -22.41 | -37.97 | 97.44 | 0.89 | 0 | 86.13 | -0.03 | 61.38 | 14.21 | 0.5 | 0.5 | 2.67 | 13.62 | 13.62 | 25.18 | 4.05 | -13.89 | 42.06 | 3.34 | -8.03 | 0.32 | 119.05 | 107.6 | 25.5 | 13.23 | 1.88 | 0.02 | 0.97 | -66.82 |
| 24Q1 (18) | 75.16 | 11.71 | -1.4 | 46.3 | 12.6 | 117.98 | 3.52 | 24.38 | -14.56 | 0 | 0 | 0 | 71.85 | -12.81 | 39.81 | -0.81 | -14.08 | -370.0 | 71.14 | -16.2 | 40.04 | 23.80 | -21.93 | 13.95 | 72.16 | -2.1 | 32.19 | 22.02 | -7.44 | 363.58 | 91.02 | 18.44 | -9.59 | 96.58 | -0.91 | 0 | 86.16 | -0.06 | 63.77 | 14.14 | 0.0 | 4.66 | 2.35 | 0.0 | 132.67 | 24.2 | -17.77 | -22.09 | 40.7 | -11.39 | -10.71 | -1.68 | 58.72 | 65.29 | 22.52 | -11.2 | -14.11 | 0.02 | 1.56 | -71.76 |
| 23Q4 (17) | 67.28 | 31.9 | -12.76 | 41.12 | 71.12 | 132.58 | 2.83 | -58.5 | -30.98 | 0 | 0 | 0 | 82.41 | -13.53 | 41.74 | -0.71 | -198.61 | 37.72 | 84.89 | -9.76 | 30.0 | 30.49 | -17.62 | 18.22 | 73.71 | -6.1 | 25.02 | 23.79 | 235.54 | 397.7 | 76.85 | 8.16 | -21.98 | 97.47 | -1.69 | 0 | 86.21 | 1.41 | 63.8 | 14.14 | 0.0 | 4.66 | 2.35 | 0.0 | 132.67 | 29.43 | -1.8 | -7.51 | 45.93 | -1.16 | -0.86 | -4.07 | -1256.67 | 21.12 | 25.36 | -14.53 | -4.88 | 0.02 | -8.4 | -72.33 |
| 23Q3 (16) | 51.01 | -74.37 | -24.33 | 24.03 | -77.55 | 2.34 | 6.82 | 188.98 | 113.79 | 0 | 0 | 0 | 95.31 | 93.17 | 41.24 | 0.72 | 380.0 | -81.59 | 94.07 | 84.13 | 19.32 | 37.01 | 63.97 | 21.16 | 78.5 | 52.6 | 52.22 | 7.09 | 40.67 | 48.64 | 71.05 | -37.59 | -23.35 | 99.15 | 0 | 0 | 85.01 | 59.28 | 61.52 | 14.14 | 0.0 | 4.66 | 2.35 | 0.0 | 132.67 | 29.97 | 2.5 | -8.93 | 46.47 | 1.62 | -2.02 | -0.3 | 92.87 | 92.59 | 29.67 | 18.54 | 2.81 | 0.02 | -64.68 | -73.39 |
| 23Q2 (15) | 199.06 | 161.13 | 256.29 | 107.05 | 404.0 | 357.28 | 2.36 | -42.72 | -16.31 | 0 | 0 | 0 | 49.34 | -3.99 | -25.49 | 0.15 | -50.0 | -94.09 | 51.09 | 0.57 | -35.16 | 22.57 | 8.07 | -28.72 | 51.44 | -5.77 | -6.78 | 5.04 | 6.11 | 18.03 | 113.84 | 13.08 | 25.5 | 0 | 0 | 0 | 53.37 | 1.44 | 3.31 | 14.14 | 4.66 | 4.66 | 2.35 | 132.67 | 132.67 | 29.24 | -5.86 | 0.79 | 45.73 | 0.33 | 5.08 | -4.21 | 13.02 | -1584.0 | 25.03 | -4.54 | -12.97 | 0.05 | -14.04 | -16.4 |
| 23Q1 (14) | 76.23 | -1.15 | 4.35 | 21.24 | 20.14 | -37.46 | 4.12 | 0.49 | 70.95 | 0 | 0 | 0 | 51.39 | -11.61 | -16.28 | 0.3 | 126.32 | -71.7 | 50.8 | -22.21 | -26.63 | 20.89 | -19.01 | -30.06 | 54.59 | -7.41 | -3.99 | 4.75 | -0.63 | 4.17 | 100.67 | 2.2 | 18.48 | 0 | 0 | 0 | 52.61 | -0.04 | 1.84 | 13.51 | 0.0 | 4.73 | 1.01 | 0.0 | 119.57 | 31.06 | -2.39 | 12.45 | 45.58 | -1.62 | 11.22 | -4.84 | 6.2 | -1828.57 | 26.22 | -1.65 | -6.02 | 0.06 | -0.5 | -3.53 |
| 22Q4 (13) | 77.12 | 14.4 | 56.33 | 17.68 | -24.7 | -64.07 | 4.1 | 28.53 | 106.03 | 0 | 0 | 0 | 58.14 | -13.84 | -7.74 | -1.14 | -129.16 | -220.0 | 65.3 | -17.17 | -8.36 | 25.79 | -15.58 | -20.73 | 58.96 | 14.33 | 7.73 | 4.78 | 0.21 | 4.37 | 98.5 | 6.27 | 166.14 | 0 | 0 | 0 | 52.63 | 0.0 | 1.88 | 13.51 | 0.0 | 4.73 | 1.01 | 0.0 | 119.57 | 31.82 | -3.31 | 0.13 | 46.33 | -2.32 | 2.66 | -5.16 | -27.41 | -410.89 | 26.66 | -7.62 | -13.36 | 0.06 | -11.9 | -4.55 |
| 22Q3 (12) | 67.41 | 20.66 | 22.3 | 23.48 | 0.3 | -55.68 | 3.19 | 13.12 | 450.0 | 0 | 0 | 0 | 67.48 | 1.9 | 15.89 | 3.91 | 53.94 | 58.3 | 78.84 | 0.05 | 20.27 | 30.55 | -3.53 | -1.9 | 51.57 | -6.54 | 17.23 | 4.77 | 11.71 | 160.66 | 92.69 | 2.18 | 182.94 | 0 | 0 | 0 | 52.63 | 1.88 | 1.88 | 13.51 | 0.0 | 4.73 | 1.01 | 0.0 | 119.57 | 32.91 | 13.44 | 6.92 | 47.43 | 8.98 | 7.48 | -4.05 | -1520.0 | -285.71 | 28.86 | 0.35 | -2.93 | 0.06 | 10.95 | 9.11 |
| 22Q2 (11) | 55.87 | -23.52 | 27.76 | 23.41 | -31.07 | -51.01 | 2.82 | 17.01 | 781.25 | 0 | 0 | 0 | 66.22 | 7.89 | 34.51 | 2.54 | 139.62 | 44.32 | 78.8 | 13.81 | 42.03 | 31.67 | 6.04 | 18.92 | 55.18 | -2.95 | 34.62 | 4.27 | -6.36 | 135.91 | 90.71 | 6.76 | 205.01 | 0 | 0 | 0 | 51.66 | 0.0 | 0.0 | 13.51 | 4.73 | 16.17 | 1.01 | 119.57 | 119.57 | 29.01 | 5.03 | -1.93 | 43.52 | 6.2 | 4.46 | -0.25 | -189.29 | 65.28 | 28.76 | 3.08 | -0.35 | 0.06 | -0.81 | -12.18 |
| 22Q1 (10) | 73.05 | 48.08 | 72.33 | 33.96 | -30.99 | -32.17 | 2.41 | 21.11 | 995.45 | 0 | 0 | 0 | 61.38 | -2.6 | 26.35 | 1.06 | 11.58 | 26.19 | 69.24 | -2.83 | 29.69 | 29.86 | -8.2 | 17.34 | 56.86 | 3.89 | 73.04 | 4.56 | -0.44 | 1370.97 | 84.97 | 129.59 | 353.17 | 0 | 0 | 0 | 51.66 | 0.0 | 0.0 | 12.9 | 0.0 | 10.92 | 0.46 | 0.0 | 0.0 | 27.62 | -13.09 | -18.81 | 40.98 | -9.2 | -11.11 | 0.28 | 127.72 | 149.12 | 27.9 | -9.33 | -16.59 | 0.06 | -1.55 | -6.03 |
| 21Q4 (9) | 49.33 | -10.5 | 10.04 | 49.21 | -7.12 | -9.92 | 1.99 | 243.1 | 323.4 | 0 | 0 | 0 | 63.02 | 8.23 | 15.7 | 0.95 | -61.54 | 180.51 | 71.26 | 8.71 | 26.75 | 32.53 | 4.47 | 21.42 | 54.73 | 24.41 | 83.9 | 4.58 | 150.27 | 1377.42 | 37.01 | 12.97 | 210.75 | 0 | 0 | 0 | 51.66 | 0.0 | 0.0 | 12.9 | 0.0 | 10.92 | 0.46 | 0.0 | 0.0 | 31.78 | 3.25 | -4.19 | 45.13 | 2.27 | -0.29 | -1.01 | 3.81 | -119.57 | 30.77 | 3.5 | -5.93 | 0.06 | 0.71 | -10.1 |
| 21Q3 (8) | 55.12 | 26.05 | 1.58 | 52.98 | 10.86 | 17.58 | 0.58 | 81.25 | 87.1 | 0 | 0 | 0 | 58.23 | 18.28 | 3.83 | 2.47 | 40.34 | -28.61 | 65.55 | 18.15 | 18.26 | 31.14 | 16.94 | 14.95 | 43.99 | 7.32 | 38.33 | 1.83 | 1.1 | 471.88 | 32.76 | 10.15 | 503.31 | 0 | 0 | 0 | 51.66 | 0.0 | 0.0 | 12.9 | 10.92 | 10.92 | 0.46 | 0.0 | 0.0 | 30.78 | 4.06 | -11.42 | 44.13 | 5.93 | -5.77 | -1.05 | -45.83 | -81.03 | 29.73 | 3.01 | -12.99 | 0.06 | -10.7 | -6.2 |
| 21Q2 (7) | 43.73 | 3.16 | -37.78 | 47.79 | -4.55 | 26.29 | 0.32 | 45.45 | 10.34 | 0 | 0 | 0 | 49.23 | 1.34 | -2.8 | 1.76 | 109.52 | -83.47 | 55.48 | 3.91 | 7.83 | 26.63 | 4.62 | 0 | 40.99 | 24.74 | 29.76 | 1.81 | 483.87 | 465.62 | 29.74 | 58.61 | 580.55 | 0 | 0 | 0 | 51.66 | 0.0 | 0.0 | 11.63 | 0.0 | 0.0 | 0.46 | 0.0 | 0.0 | 29.58 | -13.05 | -5.47 | 41.66 | -9.63 | -3.94 | -0.72 | -26.32 | 23.4 | 28.86 | -13.72 | -4.91 | 0.06 | 6.13 | 5.01 |
| 21Q1 (6) | 42.39 | -5.44 | -27.34 | 50.07 | -8.35 | 97.51 | 0.22 | -53.19 | -15.38 | 0 | 0 | 0 | 48.58 | -10.81 | -0.12 | 0.84 | 171.19 | 320.0 | 53.39 | -5.03 | 28.81 | 25.45 | -5.01 | 0 | 32.86 | 10.42 | 10.42 | 0.31 | 0.0 | -11.43 | 18.75 | 57.43 | 366.42 | 0 | 0 | 0 | 51.66 | 0.0 | 0.0 | 11.63 | 0.0 | 14.69 | 0.46 | 0.0 | -60.68 | 34.02 | 2.56 | 25.58 | 46.1 | 1.86 | 20.02 | -0.57 | -23.91 | 13.64 | 33.45 | 2.26 | 26.56 | 0.06 | -5.81 | -1.92 |
| 20Q4 (5) | 44.83 | -17.38 | 150.31 | 54.63 | 21.24 | 133.86 | 0.47 | 51.61 | 0 | 0 | 0 | 0 | 54.47 | -2.87 | 10.58 | -1.18 | -134.1 | -1280.0 | 56.22 | 1.43 | 12.13 | 26.79 | -1.09 | 0 | 29.76 | -6.42 | -28.53 | 0.31 | -3.12 | -24.39 | 11.91 | 119.34 | 235.49 | 0 | 0 | 0 | 51.66 | 0.0 | 0.0 | 11.63 | 0.0 | 14.69 | 0.46 | 0.0 | -60.68 | 33.17 | -4.55 | 23.35 | 45.26 | -3.35 | 18.45 | -0.46 | 20.69 | 0.0 | 32.71 | -4.27 | 23.76 | 0.06 | 5.07 | 2.4 |
| 20Q3 (4) | 54.26 | -22.79 | 0.0 | 45.06 | 19.08 | 0.0 | 0.31 | 6.9 | 0.0 | 0 | 0 | 0.0 | 56.08 | 10.72 | 0.0 | 3.46 | -67.51 | 0.0 | 55.43 | 7.74 | 0.0 | 27.09 | 0 | 0.0 | 31.8 | 0.66 | 0.0 | 0.32 | 0.0 | 0.0 | 5.43 | 24.26 | 0.0 | 0 | 0 | 0.0 | 51.66 | 0.0 | 0.0 | 11.63 | 0.0 | 0.0 | 0.46 | 0.0 | 0.0 | 34.75 | 11.06 | 0.0 | 46.83 | 7.98 | 0.0 | -0.58 | 38.3 | 0.0 | 34.17 | 12.59 | 0.0 | 0.06 | -0.02 | 0.0 |
