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) | 126.94 | -15.06 | 1.6 | 0 | 0 | 0 | 0 | 0 | 154.27 | -34.38 | 7.46 | -87.65 | 17.85 | 10.32 | 11.57 | 68.13 | 18.17 | -64.45 | 14.79 | -4.27 | 0 | 0 | 19.48 | -10.19 | 9.6 | 0.63 | 9.97 | 0.0 | 2.13 | -85.43 | 173.86 | 1.65 | 185.96 | -4.94 | -10.36 | 0 | 163.5 | -0.33 | 0.02 | -16.04 |
| 2022 (9) | 149.44 | 28.67 | 0 | 0 | 0 | 0 | 0 | 0 | 235.11 | 9.32 | 60.39 | 5.32 | 16.18 | -15.73 | 6.88 | -22.92 | 51.11 | 83.58 | 15.45 | 3.83 | 0 | 0 | 21.69 | 2.89 | 9.54 | 1.06 | 9.97 | 0.0 | 14.62 | 29.5 | 171.03 | 29.73 | 195.62 | 27.77 | -6.99 | 0 | 164.04 | 43.81 | 0.02 | 25.77 |
| 2021 (8) | 116.14 | 25.58 | 0 | 0 | 0 | 0 | 0 | 0 | 215.06 | 54.99 | 57.34 | 74.92 | 19.2 | 88.79 | 8.93 | 21.81 | 27.84 | 20.31 | 14.88 | 33.93 | 0 | 0 | 21.08 | -20.69 | 9.44 | 1.61 | 9.97 | 0.0 | 11.29 | 60.37 | 131.84 | 47.94 | 153.1 | 44.26 | -17.77 | 0 | 114.07 | 50.05 | 0.02 | 5.55 |
| 2020 (7) | 92.48 | 105.15 | 0 | 0 | 0 | 0 | 0 | 0 | 138.76 | 28.74 | 32.78 | 40.93 | 10.17 | 8.19 | 7.33 | -15.96 | 23.14 | 20.33 | 11.11 | 14.3 | 0 | 0 | 26.58 | -15.91 | 9.29 | 1.53 | 9.97 | 30.5 | 7.04 | 197.05 | 89.12 | 26.95 | 106.13 | 32.32 | -13.1 | 0 | 76.02 | 23.01 | 0.02 | -25.73 |
| 2019 (6) | 45.08 | 72.19 | 1.0 | 0 | 0 | 0 | 0 | 0 | 107.78 | 14.49 | 23.26 | 27.1 | 9.4 | 61.51 | 8.72 | 41.07 | 19.23 | 13.72 | 9.72 | 63.09 | 0 | 0 | 31.61 | -11.93 | 9.15 | 1.33 | 7.64 | 31.5 | 2.37 | -34.71 | 70.2 | 31.51 | 80.21 | 27.68 | -8.4 | 0 | 61.8 | 22.89 | 0.02 | 0 |
| 2018 (5) | 26.18 | -10.16 | 0 | 0 | 0 | 0 | 0 | 0 | 94.14 | 9.48 | 18.3 | 1.22 | 5.82 | -0.17 | 6.18 | -8.81 | 16.91 | 2.86 | 5.96 | -4.64 | 0 | 0 | 35.89 | -2.97 | 9.03 | 2.96 | 5.81 | 45.25 | 3.63 | 0 | 53.38 | 16.7 | 62.82 | 26.3 | -3.09 | 0 | 50.29 | 21.12 | 0.00 | 0 |
| 2017 (4) | 29.14 | 8.73 | 0 | 0 | 0 | 0 | 0 | 0 | 85.99 | 20.45 | 18.08 | 22.99 | 5.83 | 0.17 | 6.78 | -16.84 | 16.44 | 25.3 | 6.25 | -0.79 | 6.7 | -61.91 | 36.99 | -10.74 | 8.77 | 4.4 | 4.0 | 58.1 | 0 | 0 | 45.74 | 37.27 | 49.74 | 38.71 | -4.22 | 0 | 41.52 | 24.42 | 0.00 | 0 |
| 2016 (3) | 26.8 | 88.6 | 0 | 0 | 0 | 0 | 0 | 0 | 71.39 | 51.86 | 14.7 | 22.4 | 5.82 | 77.44 | 8.15 | 16.84 | 13.12 | 27.75 | 6.3 | -7.89 | 17.59 | 0 | 41.44 | 918.18 | 8.4 | 7.42 | 2.53 | 90.23 | 0 | 0 | 33.32 | 55.77 | 35.86 | 57.83 | 0.05 | -97.46 | 33.37 | 42.85 | 0.00 | 0 |
| 2015 (2) | 14.21 | -12.39 | 0 | 0 | 0 | 0 | 0 | 0 | 47.01 | 43.63 | 12.01 | 49.94 | 3.28 | 33.88 | 6.98 | -6.79 | 10.27 | 100.19 | 6.84 | 968.75 | 0 | 0 | 4.07 | 29.62 | 7.82 | 1.03 | 1.33 | 150.94 | 0 | 0 | 21.39 | 61.68 | 22.72 | 65.12 | 1.97 | 111.83 | 23.36 | 64.97 | 0.00 | 0 |
| 2014 (1) | 16.22 | -19.14 | 0 | 0 | 0 | 0 | 0 | 0 | 32.73 | 56.83 | 8.01 | 51.13 | 2.45 | 50.31 | 7.49 | -4.16 | 5.13 | 68.75 | 0.64 | 0 | 0 | 0 | 3.14 | 15600.0 | 7.74 | 22.86 | 0.53 | 0 | 0 | 0 | 13.23 | 48.65 | 13.76 | 54.61 | 0.93 | 151.35 | 14.16 | 52.75 | 0.00 | 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) | 121.53 | -1.71 | -11.51 | 5.95 | 33.41 | 1001.85 | 0 | 0 | 0 | 0 | 0 | 0 | 48.9 | 5.96 | 18.95 | 7.53 | 34.22 | 52.43 | 22.84 | 11.14 | 38.59 | 12.95 | 6.23 | 24.53 | 27.28 | 22.06 | -11.8 | 13.35 | -7.36 | -4.78 | 10.54 | 100.76 | 0 | 19.48 | -4.13 | -10.89 | 9.66 | 0.31 | 0.73 | 9.97 | 0.0 | 0.0 | 5.97 | 0.0 | 180.28 | 176.43 | 4.46 | 2.27 | 192.36 | 4.07 | 4.2 | 4.62 | -48.21 | 65.59 | 181.05 | 1.82 | 3.28 | 0.02 | -8.63 | -10.76 |
| 24Q2 (19) | 123.64 | -20.09 | -18.25 | 4.46 | 76.28 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46.15 | 20.12 | 28.27 | 5.61 | 619.23 | 644.66 | 20.55 | 3.27 | 54.05 | 12.19 | -2.97 | 62.0 | 22.35 | 15.62 | -41.64 | 14.41 | -1.5 | 0.98 | 5.25 | 75.0 | 0 | 20.32 | -0.1 | -5.8 | 9.63 | 0.1 | 0.52 | 9.97 | 0.0 | 0.0 | 5.97 | 180.28 | 180.28 | 168.9 | 1.06 | 0.79 | 184.83 | 3.12 | 2.88 | 8.92 | 253.97 | 201.83 | 177.82 | 4.82 | 11.97 | 0.02 | -2.96 | -8.75 |
| 24Q1 (18) | 154.72 | 21.88 | -7.46 | 2.53 | 58.13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38.42 | -10.32 | 11.85 | 0.78 | -42.65 | -64.22 | 19.9 | 11.48 | 41.03 | 12.57 | 8.62 | 86.37 | 19.33 | 6.38 | -58.32 | 14.63 | -1.08 | -1.61 | 3.0 | 0 | 0 | 20.34 | 4.41 | -5.57 | 9.62 | 0.21 | 0.73 | 9.97 | 0.0 | 0.0 | 2.13 | 0.0 | -85.43 | 167.13 | -3.87 | 7.06 | 179.23 | -3.62 | -0.81 | 2.52 | 124.32 | 141.24 | 169.65 | 3.76 | 13.1 | 0.02 | 1.73 | -11.95 |
| 23Q4 (17) | 126.94 | -7.57 | -15.06 | 1.6 | 196.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42.84 | 4.21 | -8.81 | 1.36 | -72.47 | -84.91 | 17.85 | 8.31 | 10.32 | 11.57 | 11.22 | 68.12 | 18.17 | -41.25 | -64.45 | 14.79 | 5.49 | -4.27 | 0 | 0 | 0 | 19.48 | -10.89 | -10.19 | 9.6 | 0.1 | 0.63 | 9.97 | 0.0 | 0.0 | 2.13 | 0.0 | -85.43 | 173.86 | 0.78 | 1.65 | 185.96 | 0.73 | -4.94 | -10.36 | -471.33 | -48.21 | 163.5 | -6.73 | -0.33 | 0.02 | -1.06 | -16.04 |
| 23Q3 (16) | 137.33 | -9.2 | -14.12 | 0.54 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41.11 | 14.26 | -31.38 | 4.94 | 579.61 | -66.37 | 16.48 | 23.54 | -30.49 | 10.40 | 38.2 | 9.54 | 30.93 | -19.24 | -38.21 | 14.02 | -1.75 | -12.59 | 0 | 0 | 0 | 21.86 | 1.34 | -4.42 | 9.59 | 0.1 | 0.74 | 9.97 | 0.0 | 0.0 | 2.13 | 0.0 | -85.43 | 172.51 | 2.95 | 6.46 | 184.61 | 2.76 | -1.08 | 2.79 | 131.85 | 4550.0 | 175.3 | 10.38 | 8.14 | 0.02 | -6.57 | -6.86 |
| 23Q2 (15) | 151.24 | -9.55 | 1.93 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35.98 | 4.75 | -47.1 | -1.03 | -147.25 | -104.93 | 13.34 | -5.46 | -44.6 | 7.53 | 11.63 | -22.19 | 38.3 | -17.42 | 6.51 | 14.27 | -4.03 | -4.42 | 0 | 0 | 0 | 21.57 | 0.14 | -1.95 | 9.58 | 0.31 | 0.84 | 9.97 | 0.0 | 0.0 | 2.13 | -85.43 | -85.43 | 167.57 | 7.34 | 13.12 | 179.66 | -0.57 | 4.02 | -8.76 | -43.37 | 6.21 | 158.81 | 5.87 | 14.42 | 0.02 | -6.37 | -3.37 |
| 23Q1 (14) | 167.2 | 11.88 | 18.77 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 34.35 | -26.88 | -42.95 | 2.18 | -75.8 | -86.19 | 14.11 | -12.79 | -37.32 | 6.74 | -2.02 | -30.06 | 46.38 | -9.25 | 48.75 | 14.87 | -3.75 | -1.98 | 0 | 0 | 0 | 21.54 | -0.69 | 0.65 | 9.55 | 0.1 | 0.84 | 9.97 | 0.0 | 0.0 | 14.62 | 0.0 | 29.5 | 156.11 | -8.72 | 19.51 | 180.69 | -7.63 | 18.96 | -6.11 | 12.59 | 21.67 | 150.0 | -8.56 | 22.12 | 0.02 | -3.0 | 5.97 |
| 22Q4 (13) | 149.44 | -6.55 | 28.67 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46.98 | -21.58 | -23.66 | 9.01 | -38.67 | -34.76 | 16.18 | -31.76 | -15.73 | 6.88 | -27.53 | -22.92 | 51.11 | 2.1 | 83.58 | 15.45 | -3.68 | 3.83 | 0 | 0 | 0 | 21.69 | -5.16 | 2.89 | 9.54 | 0.21 | 1.06 | 9.97 | 0.0 | 0.0 | 14.62 | 0.0 | 29.5 | 171.03 | 5.55 | 29.73 | 195.62 | 4.82 | 27.77 | -6.99 | -11750.0 | 60.66 | 164.04 | 1.2 | 43.81 | 0.02 | 9.77 | 25.77 |
| 22Q3 (12) | 159.91 | 7.77 | 62.28 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 59.91 | -11.91 | 1.3 | 14.69 | -29.75 | -20.08 | 23.71 | -1.54 | 19.03 | 9.50 | -1.84 | -7.37 | 50.06 | 39.21 | 102.1 | 16.04 | 7.43 | 24.63 | 0 | 0 | 0 | 22.87 | 3.95 | -10.84 | 9.52 | 0.21 | 1.38 | 9.97 | 0.0 | 0.0 | 14.62 | 0.0 | 29.5 | 162.04 | 9.38 | 36.59 | 186.62 | 8.05 | 33.4 | 0.06 | 100.64 | 100.31 | 162.1 | 16.79 | 63.16 | 0.02 | -3.08 | 13.43 |
| 22Q2 (11) | 148.38 | 5.4 | 50.55 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 68.01 | 12.95 | 29.35 | 20.91 | 32.51 | 37.39 | 24.08 | 6.97 | 41.56 | 9.67 | 0.34 | -2.4 | 35.96 | 15.33 | 60.11 | 14.93 | -1.58 | 31.54 | 0 | 0 | 0 | 22.0 | 2.8 | -13.25 | 9.5 | 0.32 | 1.5 | 9.97 | 0.0 | 0.0 | 14.62 | 29.5 | 29.5 | 148.14 | 13.4 | 47.77 | 172.72 | 13.71 | 42.14 | -9.34 | -19.74 | 50.92 | 138.8 | 13.0 | 70.89 | 0.02 | 2.68 | 26.49 |
| 22Q1 (10) | 140.78 | 21.22 | 49.29 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 60.21 | -2.16 | 44.04 | 15.78 | 14.27 | 59.07 | 22.51 | 17.24 | 68.11 | 9.64 | 7.99 | 9.47 | 31.18 | 12.0 | 30.08 | 15.17 | 1.95 | 34.25 | 0 | 0 | 0 | 21.4 | 1.52 | -18.13 | 9.47 | 0.32 | 1.5 | 9.97 | 0.0 | 0.0 | 11.29 | 0.0 | 60.37 | 130.63 | -0.92 | 31.9 | 151.89 | -0.79 | 30.89 | -7.8 | 56.11 | 48.62 | 122.83 | 7.68 | 46.47 | 0.02 | 15.13 | 34.76 |
| 21Q4 (9) | 116.14 | 17.86 | 25.58 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 61.54 | 4.06 | 50.91 | 13.81 | -24.86 | 27.63 | 19.2 | -3.61 | 88.79 | 8.93 | -12.92 | 21.82 | 27.84 | 12.39 | 20.31 | 14.88 | 15.62 | 33.93 | 0 | 0 | 0 | 21.08 | -17.82 | -20.69 | 9.44 | 0.53 | 1.61 | 9.97 | 0.0 | 0.0 | 11.29 | 0.0 | 60.37 | 131.84 | 11.14 | 47.94 | 153.1 | 9.44 | 44.26 | -17.77 | 7.83 | -35.65 | 114.07 | 14.82 | 50.05 | 0.02 | -1.0 | 5.55 |
| 21Q3 (8) | 98.54 | -0.02 | 87.98 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 59.14 | 12.48 | 62.29 | 18.38 | 20.76 | 137.77 | 19.92 | 17.11 | 60.0 | 10.25 | 3.43 | 8.05 | 24.77 | 10.28 | 0.77 | 12.87 | 13.39 | -29.32 | 0 | 0 | 0 | 25.65 | 1.14 | -16.77 | 9.39 | 0.32 | 1.51 | 9.97 | 0.0 | 0.0 | 11.29 | 0.0 | 60.37 | 118.63 | 18.33 | 51.49 | 139.89 | 15.13 | 46.77 | -19.28 | -1.31 | -50.98 | 99.35 | 22.32 | 51.59 | 0.02 | 8.08 | -2.99 |
| 21Q2 (7) | 98.56 | 4.52 | 113.52 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52.58 | 25.79 | 59.29 | 15.22 | 53.43 | 110.22 | 17.01 | 27.04 | 33.31 | 9.91 | 12.55 | 0 | 22.46 | -6.3 | -10.62 | 11.35 | 0.44 | -61.14 | 0 | 0 | 0 | 25.36 | -2.98 | -20.08 | 9.36 | 0.32 | 1.52 | 9.97 | 0.0 | 0.0 | 11.29 | 60.37 | 60.37 | 100.25 | 1.22 | 42.04 | 121.51 | 4.71 | 38.74 | -19.03 | -25.36 | -60.19 | 81.22 | -3.15 | 38.36 | 0.02 | 9.4 | -14.14 |
| 21Q1 (6) | 94.3 | 1.97 | 136.7 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 41.8 | 2.5 | 46.46 | 9.92 | -8.32 | 41.71 | 13.39 | 31.66 | 19.87 | 8.81 | 20.18 | 0 | 23.97 | 3.59 | 8.07 | 11.3 | 1.71 | 14.84 | 0 | 0 | 0 | 26.14 | -1.66 | -19.17 | 9.33 | 0.43 | 1.63 | 9.97 | 0.0 | 30.5 | 7.04 | 0.0 | 197.05 | 99.04 | 11.13 | 28.29 | 116.04 | 9.34 | 33.06 | -15.18 | -15.88 | -78.17 | 83.86 | 10.31 | 22.1 | 0.02 | -9.83 | -27.67 |
| 20Q4 (5) | 92.48 | 76.42 | 105.15 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 40.78 | 11.91 | 22.76 | 10.82 | 39.97 | 58.42 | 10.17 | -18.31 | 8.19 | 7.33 | -22.76 | 0 | 23.14 | -5.86 | 20.33 | 11.11 | -38.99 | 14.3 | 0 | 0 | 0 | 26.58 | -13.76 | -15.03 | 9.29 | 0.43 | 1.53 | 9.97 | 0.0 | 30.5 | 7.04 | 0.0 | 197.05 | 89.12 | 13.8 | 26.95 | 106.13 | 11.35 | 32.32 | -13.1 | -2.58 | -55.95 | 76.02 | 15.99 | 23.01 | 0.02 | -9.01 | -25.73 |
| 20Q3 (4) | 52.42 | 13.56 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 36.44 | 10.39 | 0.0 | 7.73 | 6.77 | 0.0 | 12.45 | -2.43 | 0.0 | 9.49 | 0 | 0.0 | 24.58 | -2.19 | 0.0 | 18.21 | -37.66 | 0.0 | 0 | 0 | 0.0 | 30.82 | -2.87 | 0.0 | 9.25 | 0.33 | 0.0 | 9.97 | 0.0 | 0.0 | 7.04 | 0.0 | 0.0 | 78.31 | 10.95 | 0.0 | 95.31 | 8.83 | 0.0 | -12.77 | -7.49 | 0.0 | 65.54 | 11.65 | 0.0 | 0.02 | -4.34 | 0.0 |
