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) | 41.88 | 230.28 | 9.64 | 17.85 | 0 | 0 | 0 | 0 | 363.11 | -11.58 | 32.95 | 1.48 | 98.75 | -9.4 | 27.20 | 2.47 | 59.32 | -9.35 | 0 | 0 | 0 | 0 | 1.05 | 56.72 | 39.9 | 0.91 | 19.19 | 19.86 | 9.85 | -16.88 | 50.46 | 19.43 | 79.5 | 13.38 | -11.01 | 0 | 39.45 | 21.76 | 0.00 | 0 |
| 2022 (9) | 12.68 | 78.84 | 8.18 | -46.57 | 0 | 0 | 0 | 0 | 410.66 | 1.74 | 32.47 | 14.86 | 108.99 | -10.5 | 26.54 | -12.03 | 65.44 | -27.99 | 0 | 0 | 0 | 0 | 0.67 | -19.28 | 39.54 | 0.84 | 16.01 | 21.01 | 11.85 | -3.81 | 42.25 | 26.61 | 70.12 | 19.01 | -9.85 | 0 | 32.4 | 50.56 | 0.00 | 0 |
| 2021 (8) | 7.09 | -30.08 | 15.31 | 3928.95 | 0 | 0 | 0 | 0 | 403.64 | 15.78 | 28.27 | 32.29 | 121.78 | 24.99 | 30.17 | 7.96 | 90.88 | 36.46 | 0 | 0 | 0 | 0 | 0.83 | 22.06 | 39.21 | 0.85 | 13.23 | 17.81 | 12.32 | -5.67 | 33.37 | 48.44 | 58.92 | 25.95 | -11.85 | 0 | 21.52 | 111.81 | 0.00 | 0 |
| 2020 (7) | 10.14 | -26.95 | 0.38 | -84.8 | 1.0 | 0 | 0 | 0 | 348.63 | 1.3 | 21.37 | 24.24 | 97.43 | 14.39 | 27.95 | 12.92 | 66.6 | 13.3 | 0 | 0 | 0 | 0 | 0.68 | -39.82 | 38.88 | 0.54 | 11.23 | 18.09 | 13.06 | -18.98 | 22.48 | 66.15 | 46.78 | 19.49 | -12.32 | 0 | 10.16 | 2061.7 | 0.00 | -56.37 |
| 2019 (6) | 13.88 | 96.88 | 2.5 | -82.76 | 0 | 0 | 0 | 0 | 344.15 | 9.98 | 17.2 | 66.99 | 85.17 | 6.58 | 24.75 | -3.09 | 58.78 | -20.08 | 0 | 0 | 1.0 | 0 | 1.13 | -41.75 | 38.67 | 0.94 | 9.51 | 12.15 | 16.12 | 54.55 | 13.53 | -11.57 | 39.15 | 14.41 | -13.06 | 0 | 0.47 | 0 | 0.00 | -21.04 |
| 2018 (5) | 7.05 | -26.49 | 14.5 | 0 | 0 | 0 | 0 | 0 | 312.92 | 12.26 | 10.3 | -34.06 | 79.91 | 5.35 | 25.54 | -6.15 | 73.55 | 34.39 | 0 | 0 | 0 | 0 | 1.94 | -5.83 | 38.31 | 0.21 | 8.48 | 22.54 | 10.43 | 115.94 | 15.3 | -30.96 | 34.22 | 0.94 | -16.12 | 0 | -0.82 | 0 | 0.01 | -15.07 |
| 2017 (4) | 9.59 | 5.15 | 0 | 0 | 0 | 0 | 0 | 0 | 278.75 | 1.66 | 15.62 | 16.48 | 75.85 | -12.51 | 27.21 | -13.95 | 54.73 | 34.57 | 0 | 0 | 1.0 | 0.0 | 2.06 | -1.9 | 38.23 | 1.76 | 6.92 | 24.24 | 4.83 | 20.75 | 22.16 | 15.48 | 33.9 | 17.87 | -10.43 | 0 | 11.73 | -17.1 | 0.01 | -7.24 |
| 2016 (3) | 9.12 | 27.91 | 0 | 0 | 0 | 0 | 0 | 0 | 274.19 | 3.39 | 13.41 | 16.2 | 86.7 | 3.4 | 31.62 | 0.0 | 40.67 | 26.66 | 2.81 | -6.02 | 1.0 | 0 | 2.1 | -3.67 | 37.57 | 2.01 | 5.57 | 26.02 | 4.0 | 52.09 | 19.19 | 12.75 | 28.76 | 19.48 | -5.04 | 0 | 14.15 | 14.21 | 0.01 | -20.85 |
| 2015 (2) | 7.13 | -19.53 | 12.1 | 82.23 | 0 | 0 | 0 | 0 | 265.19 | -1.83 | 11.54 | 2.21 | 83.85 | 4.17 | 31.62 | 6.12 | 32.11 | -14.19 | 2.99 | -6.56 | 0 | 0 | 2.18 | 73.02 | 36.83 | 2.62 | 4.42 | 34.35 | 2.63 | 11.44 | 17.02 | 10.09 | 24.07 | 13.97 | -4.63 | 0 | 12.39 | -3.43 | 0.01 | -11.24 |
| 2014 (1) | 8.86 | 127.76 | 6.64 | 364.34 | 4.11 | 0 | 0 | 0 | 270.13 | 7.81 | 11.29 | 40.77 | 80.49 | 0.24 | 29.80 | -7.03 | 37.42 | 11.7 | 3.2 | -3.61 | 0 | 0 | 1.26 | 260.0 | 35.89 | 1.56 | 3.29 | 32.13 | 2.36 | -61.06 | 15.46 | 83.61 | 21.12 | 24.45 | -2.63 | 0 | 12.83 | 111.72 | 0.01 | 0 |
| 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) | 33.21 | 26.47 | -4.57 | 29.12 | 264.46 | 86.43 | 0 | 0 | 0 | 0 | 0 | 0 | 103.63 | 16.46 | 6.4 | 8.87 | -2.74 | -5.84 | 115.06 | 11.68 | 2.82 | 31.68 | 9.76 | 4.2 | 57.31 | 3.82 | 18.02 | 0 | 0 | 0 | 0.81 | 305.0 | 0 | 1.6 | 21.21 | 135.29 | 40.08 | 0.0 | 0.45 | 22.48 | 0.0 | 17.14 | 11.01 | 0.0 | 11.78 | 46.76 | 23.41 | 15.0 | 80.25 | 12.43 | 15.14 | -4.2 | 46.5 | 55.93 | 42.56 | 41.68 | 36.72 | 0.00 | 0 | 0 |
| 24Q2 (19) | 26.26 | -32.96 | 25.83 | 7.99 | -25.26 | -61.36 | 0 | 0 | 0 | 0 | 0 | 0 | 88.98 | 10.59 | -4.01 | 9.12 | 33.92 | 15.44 | 103.03 | 9.84 | 2.11 | 28.87 | 10.98 | 8.32 | 55.2 | -4.63 | 22.39 | 0 | 0 | 0 | 0.2 | 0.0 | 0 | 1.32 | 5.6 | 80.82 | 40.08 | 0.45 | 0.45 | 22.48 | 17.14 | 17.14 | 11.01 | 11.78 | 11.78 | 37.89 | 14.02 | 21.25 | 71.38 | 14.65 | 18.39 | -7.85 | 14.86 | 36.07 | 30.04 | 25.11 | 58.36 | 0.00 | 0 | 0 |
| 24Q1 (18) | 39.17 | -6.47 | 14.47 | 10.69 | 10.89 | -48.41 | 0 | 0 | 0 | 0 | 0 | 0 | 80.46 | -10.69 | -2.96 | 6.81 | -30.65 | 17.21 | 93.8 | -5.01 | -2.66 | 26.01 | -4.37 | 4.9 | 57.88 | -2.43 | 7.3 | 0 | 0 | 0 | 0.2 | 0 | 0 | 1.25 | 19.05 | 68.92 | 39.9 | 0.0 | 0.0 | 19.19 | 0.0 | 19.86 | 9.85 | 0.0 | -16.88 | 33.23 | -34.15 | 35.52 | 62.26 | -21.69 | 18.84 | -9.22 | 16.26 | 2.23 | 24.01 | -39.14 | 59.11 | 0.00 | 0 | 0 |
| 23Q4 (17) | 41.88 | 20.34 | 230.28 | 9.64 | -38.28 | 17.85 | 0 | 0 | 0 | 0 | 0 | 0 | 90.09 | -7.51 | -5.18 | 9.82 | 4.25 | 30.76 | 98.75 | -11.75 | -9.4 | 27.20 | -10.56 | 2.47 | 59.32 | 22.16 | -9.35 | 0 | 0 | 0 | 0 | 0 | 0 | 1.05 | 54.41 | 56.72 | 39.9 | 0.0 | 0.91 | 19.19 | 0.0 | 19.86 | 9.85 | 0.0 | -16.88 | 50.46 | 24.1 | 19.43 | 79.5 | 14.06 | 13.38 | -11.01 | -15.53 | -11.78 | 39.45 | 26.73 | 21.76 | 0.00 | 0 | 0 |
| 23Q3 (16) | 34.8 | 66.75 | 116.01 | 15.62 | -24.47 | -46.78 | 0 | 0 | 0 | 0 | 0 | 0 | 97.4 | 5.07 | -9.82 | 9.42 | 19.24 | -2.48 | 111.9 | 10.9 | -12.11 | 30.41 | 14.1 | 0.75 | 48.56 | 7.67 | -35.31 | 0 | 0 | 0 | 0 | 0 | 0 | 0.68 | -6.85 | 4.62 | 39.9 | 0.0 | 0.91 | 19.19 | 0.0 | 19.86 | 9.85 | 0.0 | -16.88 | 40.66 | 30.11 | 17.24 | 69.7 | 15.61 | 11.43 | -9.53 | 22.39 | -9.04 | 31.13 | 64.1 | 20.01 | 0.00 | 0 | 0 |
| 23Q2 (15) | 20.87 | -39.01 | 95.41 | 20.68 | -0.19 | -49.94 | 0 | 0 | 0 | 0 | 0 | 0 | 92.7 | 11.81 | -9.74 | 7.9 | 35.97 | 2.33 | 100.9 | 4.71 | -14.26 | 26.65 | 7.48 | -5.98 | 45.1 | -16.39 | -47.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0.73 | -1.35 | -3.95 | 39.9 | 0.0 | 0.91 | 19.19 | 19.86 | 19.86 | 9.85 | -16.88 | -16.88 | 31.25 | 27.45 | 22.07 | 60.29 | 15.08 | 12.75 | -12.28 | -30.22 | -21.83 | 18.97 | 25.71 | 22.23 | 0.00 | 0 | 0 |
| 23Q1 (14) | 34.22 | 169.87 | 110.2 | 20.72 | 153.3 | 69.56 | 0 | 0 | 0 | 0 | 0 | 0 | 82.91 | -12.74 | -20.99 | 5.81 | -22.64 | -23.25 | 96.36 | -11.59 | -16.67 | 24.79 | -6.58 | -12.36 | 53.94 | -17.57 | -42.88 | 0 | 0 | 0 | 0 | 0 | 0 | 0.74 | 10.45 | -6.33 | 39.9 | 0.91 | 1.76 | 16.01 | 0.0 | 21.01 | 11.85 | 0.0 | -3.81 | 24.52 | -41.96 | 20.43 | 52.39 | -25.29 | 14.11 | -9.43 | 4.26 | -2.72 | 15.09 | -53.43 | 34.97 | 0.00 | 0 | 0 |
| 22Q4 (13) | 12.68 | -21.29 | 78.84 | 8.18 | -72.13 | -46.57 | 0 | 0 | 0 | 0 | 0 | 0 | 95.01 | -12.04 | -10.58 | 7.51 | -22.26 | -2.21 | 108.99 | -14.4 | -10.5 | 26.54 | -12.05 | -12.03 | 65.44 | -12.83 | -27.99 | 0 | 0 | 0 | 0 | 0 | 0 | 0.67 | 3.08 | -19.28 | 39.54 | 0.0 | 0.84 | 16.01 | 0.0 | 21.01 | 11.85 | 0.0 | -3.81 | 42.25 | 21.83 | 26.61 | 70.12 | 12.1 | 19.01 | -9.85 | -12.7 | 16.88 | 32.4 | 24.9 | 50.56 | 0.00 | 0 | 0 |
| 22Q3 (12) | 16.11 | 50.84 | 40.21 | 29.35 | -28.95 | 29.92 | 0 | 0 | 0 | 0 | 0 | 0 | 108.01 | 5.17 | 6.62 | 9.66 | 25.13 | 17.8 | 127.32 | 8.19 | 8.79 | 30.18 | 6.47 | 0.56 | 75.07 | -12.2 | -8.85 | 0 | 0 | 0 | 0 | 0 | 0 | 0.65 | -14.47 | -21.69 | 39.54 | 0.0 | 0.84 | 16.01 | 0.0 | 21.01 | 11.85 | 0.0 | -3.81 | 34.68 | 35.47 | 34.94 | 62.55 | 16.98 | 22.05 | -8.74 | 13.29 | 31.5 | 25.94 | 67.14 | 100.46 | 0.00 | 0 | 0 |
| 22Q2 (11) | 10.68 | -34.4 | 19.06 | 41.31 | 238.05 | 65.31 | 0 | 0 | 0 | 0 | 0 | 0 | 102.7 | -2.13 | 6.68 | 7.72 | 1.98 | 16.97 | 117.68 | 1.76 | 6.08 | 28.34 | 0.19 | -1.58 | 85.5 | -9.47 | 16.84 | 0 | 0 | 0 | 0 | 0 | 0 | 0.76 | -3.8 | 2.7 | 39.54 | 0.84 | 0.84 | 16.01 | 21.01 | 21.01 | 11.85 | -3.81 | -3.81 | 25.6 | 25.74 | 43.66 | 53.47 | 16.47 | 23.29 | -10.08 | -9.8 | 21.06 | 15.52 | 38.82 | 207.33 | 0.00 | 0 | -100.0 |
| 22Q1 (10) | 16.28 | 129.62 | -21.16 | 12.22 | -20.18 | 106.77 | 0 | 0 | 0 | 0 | 0 | 0 | 104.93 | -1.24 | 5.12 | 7.57 | -1.43 | 30.74 | 115.64 | -5.04 | 7.32 | 28.29 | -6.23 | 0.13 | 94.44 | 3.92 | 42.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0.79 | -4.82 | 12.86 | 39.21 | 0.0 | 0.85 | 13.23 | 0.0 | 17.81 | 12.32 | 0.0 | -5.67 | 20.36 | -38.99 | 61.97 | 45.91 | -22.08 | 24.55 | -9.18 | 22.53 | 24.19 | 11.18 | -48.05 | 2330.43 | 0.00 | 0 | -100.0 |
| 21Q4 (9) | 7.09 | -38.29 | -30.08 | 15.31 | -32.23 | 3928.95 | 0 | 0 | -100.0 | 0 | 0 | 0 | 106.25 | 4.89 | 14.77 | 7.68 | -6.34 | 31.96 | 121.78 | 4.06 | 24.99 | 30.17 | 0.53 | 7.95 | 90.88 | 10.34 | 36.46 | 0 | 0 | 0 | 0 | 0 | 0 | 0.83 | 0.0 | 22.06 | 39.21 | 0.0 | 0.85 | 13.23 | 0.0 | 17.81 | 12.32 | 0.0 | -5.67 | 33.37 | 29.84 | 48.44 | 58.92 | 14.97 | 25.95 | -11.85 | 7.13 | 3.81 | 21.52 | 66.31 | 111.81 | 0.00 | 0 | -100.0 |
| 21Q3 (8) | 11.49 | 28.09 | -2.38 | 22.59 | -9.6 | 383.73 | 0 | 0 | -100.0 | 0 | 0 | 0 | 101.3 | 5.22 | 4.91 | 8.2 | 24.24 | 11.87 | 117.03 | 5.49 | 19.19 | 30.01 | 4.21 | 5.4 | 82.36 | 12.54 | 54.03 | 0 | 0 | 0 | 0 | 0 | 0 | 0.83 | 12.16 | -33.06 | 39.21 | 0.0 | 0.85 | 13.23 | 0.0 | 17.81 | 12.32 | 0.0 | -5.67 | 25.7 | 44.22 | 49.68 | 51.25 | 18.17 | 23.61 | -12.76 | 0.08 | 8.66 | 12.94 | 156.24 | 304.38 | 0.00 | -100.0 | -100.0 |
| 21Q2 (7) | 8.97 | -56.56 | -42.24 | 24.99 | 322.84 | 1.26 | 0 | 0 | 0 | 0 | 0 | 0 | 96.27 | -3.56 | 4.2 | 6.6 | 13.99 | -4.07 | 110.94 | 2.96 | 17.72 | 28.80 | 1.92 | 0 | 73.18 | 10.34 | 36.43 | 0 | 0 | 0 | 0 | 0 | 0 | 0.74 | 5.71 | -36.21 | 39.21 | 0.85 | 0.85 | 13.23 | 17.81 | 17.81 | 12.32 | -5.67 | -5.67 | 17.82 | 41.77 | 78.56 | 43.37 | 17.66 | 26.55 | -12.77 | -5.45 | 14.87 | 5.05 | 997.83 | 200.6 | 0.00 | -14.02 | -52.04 |
| 21Q1 (6) | 20.65 | 103.65 | 21.11 | 5.91 | 1455.26 | 195.5 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 99.82 | 7.82 | 48.79 | 5.79 | -0.52 | 332.09 | 107.75 | 10.59 | 64.91 | 28.25 | 1.1 | 0 | 66.32 | -0.42 | 37.79 | 0 | 0 | 0 | 0 | 0 | 0 | 0.7 | 2.94 | -40.17 | 38.88 | 0.0 | 1.2 | 11.23 | 0.0 | 18.09 | 13.06 | 0.0 | -18.98 | 12.57 | -44.08 | 614.2 | 36.86 | -21.21 | 34.57 | -12.11 | 1.7 | 14.9 | 0.46 | -95.47 | 103.69 | 0.00 | 16.88 | -51.94 |
| 20Q4 (5) | 10.14 | -13.85 | -26.95 | 0.38 | -91.86 | -84.8 | 1.0 | 0.0 | 0 | 0 | 0 | 0 | 92.58 | -4.12 | 4.22 | 5.82 | -20.6 | 49.61 | 97.43 | -0.77 | 14.39 | 27.95 | -1.84 | 0 | 66.6 | 24.56 | 13.3 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.68 | -45.16 | -39.82 | 38.88 | 0.0 | 0.54 | 11.23 | 0.0 | 18.09 | 13.06 | 0.0 | -18.98 | 22.48 | 30.93 | 66.15 | 46.78 | 12.83 | 19.49 | -12.32 | 11.81 | 5.67 | 10.16 | 217.5 | 2061.7 | 0.00 | -34.29 | -56.37 |
| 20Q3 (4) | 11.77 | -24.21 | 0.0 | 4.67 | -81.08 | 0.0 | 1.0 | 0 | 0.0 | 0 | 0 | 0.0 | 96.56 | 4.51 | 0.0 | 7.33 | 6.54 | 0.0 | 98.19 | 4.19 | 0.0 | 28.47 | 0 | 0.0 | 53.47 | -0.32 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 1.24 | 6.9 | 0.0 | 38.88 | 0.0 | 0.0 | 11.23 | 0.0 | 0.0 | 13.06 | 0.0 | 0.0 | 17.17 | 72.04 | 0.0 | 41.46 | 20.98 | 0.0 | -13.97 | 6.87 | 0.0 | 3.2 | 163.75 | 0.0 | 0.00 | -27.37 | 0.0 |
