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) | 59.46 | -7.01 | 25.45 | 19.71 | 6.02 | 0 | 0 | 0 | 115.81 | -19.75 | 15.65 | -44.42 | 22.96 | -10.45 | 19.83 | 11.58 | 19.31 | -21.38 | 1.37 | -2.84 | 29.09 | 17.58 | 7.86 | 8.71 | 3.8 | -1.81 | 8.94 | 41.23 | 0.1 | -95.56 | 28.77 | -11.34 | 37.82 | -7.85 | -0.31 | 0 | 28.46 | -2.2 | 0.04 | 6.1 |
| 2022 (9) | 63.94 | 73.51 | 21.26 | 60.57 | 0 | 0 | 0 | 0 | 144.31 | 12.81 | 28.16 | 64.29 | 25.64 | -10.32 | 17.77 | -20.5 | 24.56 | 11.84 | 1.41 | 1662.5 | 24.74 | 42.43 | 7.23 | 5.09 | 3.87 | 1.57 | 6.33 | 82.42 | 2.25 | 112.26 | 32.45 | 54.97 | 41.04 | 61.19 | -3.35 | 0 | 29.1 | 51.33 | 0.04 | 166.07 |
| 2021 (8) | 36.85 | 47.28 | 13.24 | 9.69 | 2.15 | 0 | 0 | 0 | 127.92 | 32.18 | 17.14 | 121.45 | 28.59 | 35.24 | 22.35 | 2.32 | 21.96 | 52.82 | 0.08 | -11.11 | 17.37 | -46.55 | 6.88 | -0.43 | 3.81 | 4.67 | 3.47 | 43.39 | 1.06 | -18.46 | 20.94 | 143.49 | 25.46 | 106.66 | -1.71 | 0 | 19.23 | 167.08 | 0.01 | -20.02 |
| 2020 (7) | 25.02 | -18.66 | 12.07 | 13.44 | 0 | 0 | 0 | 0 | 96.78 | 3.84 | 7.74 | 27.51 | 21.14 | 5.54 | 21.84 | 1.64 | 14.37 | 10.88 | 0.09 | -95.14 | 32.5 | 51.8 | 6.91 | -1.85 | 3.64 | 0.0 | 2.42 | 40.7 | 1.3 | 0 | 8.6 | 28.55 | 12.32 | 46.49 | -1.4 | 0 | 7.2 | 25.22 | 0.02 | 12.06 |
| 2019 (6) | 30.76 | 33.51 | 10.64 | 10.26 | 0 | 0 | 0 | 0 | 93.2 | -4.75 | 6.07 | -28.0 | 20.03 | 3.94 | 21.49 | 9.13 | 12.96 | -9.81 | 1.85 | 2.21 | 21.41 | 34.32 | 7.04 | -0.28 | 3.64 | 0.0 | 1.72 | 177.42 | 0 | 0 | 6.69 | -20.36 | 8.41 | -12.03 | -0.94 | 0 | 5.75 | -30.3 | 0.02 | 14.92 |
| 2018 (5) | 23.04 | 8.12 | 9.65 | 94.95 | 0 | 0 | 0 | 0 | 97.85 | 30.38 | 8.43 | 95.59 | 19.27 | 5.59 | 19.69 | -19.01 | 14.37 | 13.42 | 1.81 | 13.84 | 15.94 | -5.79 | 7.06 | 1.88 | 3.64 | 0.83 | 0.62 | 244.44 | 0.54 | 671.43 | 8.4 | 93.55 | 9.56 | 108.28 | -0.15 | 0 | 8.25 | 117.11 | 0.01 | 11.23 |
| 2017 (4) | 21.31 | 244.82 | 4.95 | 0 | 0 | 0 | 0 | 0 | 75.05 | 349.94 | 4.31 | 857.78 | 18.25 | 248.95 | 24.32 | -22.45 | 12.67 | 1464.2 | 1.59 | -45.55 | 16.92 | 0 | 6.93 | 23000.0 | 3.61 | 46.75 | 0.18 | 28.57 | 0.07 | 75.0 | 4.34 | 661.4 | 4.59 | 512.0 | -0.54 | 0 | 3.8 | 660.0 | 0.01 | -81.17 |
| 2016 (3) | 6.18 | 151.22 | 0 | 0 | 0 | 0 | 0 | 0 | 16.68 | 341.27 | 0.45 | -23.73 | 5.23 | 287.41 | 31.35 | -12.21 | 0.81 | 44.64 | 2.92 | 0 | 0 | 0 | 0.03 | 200.0 | 2.46 | 11.82 | 0.14 | 75.0 | 0.04 | 0 | 0.57 | -35.23 | 0.75 | -21.88 | -0.07 | 0 | 0.5 | -40.48 | 0.07 | 0 |
| 2015 (2) | 2.46 | -27.43 | 0 | 0 | 0 | 0 | 0 | 0 | 3.78 | -4.06 | 0.59 | -6.35 | 1.35 | 90.14 | 35.71 | 98.19 | 0.56 | 40.0 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 2.2 | 0.0 | 0.08 | 300.0 | 0 | 0 | 0.88 | 11.39 | 0.96 | 18.52 | -0.04 | 0 | 0.84 | 6.33 | 0.00 | 0 |
| 2014 (1) | 3.39 | 364.38 | 0 | 0 | 0 | 0 | 0 | 0 | 3.94 | 14.87 | 0.63 | 186.36 | 0.71 | 184.0 | 18.02 | 147.24 | 0.4 | 42.86 | 0 | 0 | 0 | 0 | 0.01 | 0 | 2.2 | 44.74 | 0.02 | 0 | 0 | 0 | 0.79 | 315.79 | 0.81 | 326.32 | 0 | 0 | 0.79 | 315.79 | 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) | 56.59 | -12.79 | -4.62 | 19.3 | -10.77 | -5.62 | 4.26 | -31.29 | -24.2 | 0 | 0 | 0 | 31.28 | 5.93 | 10.14 | 4.25 | -16.34 | 1.19 | 26.7 | 9.34 | 17.36 | 22.75 | 6.65 | 19.97 | 23.1 | 13.79 | 7.94 | 0.05 | 0.0 | -96.38 | 41.48 | 14.62 | 27.43 | 7.89 | -1.38 | 7.49 | 3.8 | 0.0 | 0.0 | 10.2 | 5.26 | 19.72 | 0 | -100.0 | -100.0 | 30.46 | 2.15 | 2.01 | 40.66 | 2.81 | 5.34 | 13.83 | 51.64 | 3637.84 | 44.29 | 13.74 | 46.51 | 0.04 | 0.61 | -1.18 |
| 24Q2 (19) | 64.89 | 5.5 | -4.25 | 21.63 | -3.65 | -4.29 | 6.2 | 1.14 | 71.27 | 0 | 0 | 0 | 29.53 | 7.89 | -1.27 | 5.08 | 16.25 | 4.96 | 24.42 | 6.08 | 6.82 | 21.33 | 6.43 | 19.82 | 20.3 | 11.29 | -11.47 | 0.05 | 0.0 | -96.4 | 36.19 | 17.5 | 8.16 | 8.0 | 0.63 | 10.5 | 3.8 | 0.0 | -1.81 | 9.69 | 4.76 | 20.37 | 0.04 | -55.56 | 0 | 29.82 | 2.9 | -0.96 | 39.55 | 3.21 | 3.62 | 9.12 | 96.98 | 872.88 | 38.94 | 15.86 | 34.6 | 0.04 | -5.88 | -3.82 |
| 24Q1 (18) | 61.51 | 3.45 | -5.96 | 22.45 | -11.79 | -11.96 | 6.13 | 1.83 | 88.62 | 0 | 0 | 0 | 27.37 | -6.27 | -3.29 | 4.37 | 56.07 | 15.0 | 23.02 | 0.26 | 1.99 | 20.04 | 1.07 | 21.01 | 18.24 | -5.54 | -22.32 | 0.05 | -96.35 | -96.43 | 30.8 | 5.88 | 15.83 | 7.95 | 1.15 | 10.88 | 3.8 | 0.0 | -1.81 | 9.25 | 3.47 | 20.76 | 0.09 | -10.0 | -96.5 | 28.98 | 0.73 | 7.21 | 38.32 | 1.32 | 2.84 | 4.63 | 1593.55 | 1007.84 | 33.61 | 18.1 | 26.73 | 0.04 | 0.34 | -1.95 |
| 23Q4 (17) | 59.46 | 0.22 | -7.01 | 25.45 | 24.45 | 19.71 | 6.02 | 7.12 | 0 | 0 | 0 | 0 | 29.2 | 2.82 | -12.52 | 2.8 | -33.33 | -28.21 | 22.96 | 0.92 | -10.45 | 19.83 | 4.57 | 11.58 | 19.31 | -9.77 | -21.38 | 1.37 | -0.72 | -2.84 | 29.09 | -10.63 | 17.58 | 7.86 | 7.08 | 8.71 | 3.8 | 0.0 | -1.81 | 8.94 | 4.93 | 41.23 | 0.1 | -52.38 | -95.56 | 28.77 | -3.65 | -11.34 | 37.82 | -2.02 | -7.85 | -0.31 | -183.78 | 90.75 | 28.46 | -5.86 | -2.2 | 0.04 | 4.0 | 6.1 |
| 23Q3 (16) | 59.33 | -12.45 | 21.63 | 20.45 | -9.51 | -4.17 | 5.62 | 55.25 | 0 | 0 | 0 | 0 | 28.4 | -5.05 | -22.91 | 4.2 | -13.22 | -55.27 | 22.75 | -0.48 | -26.68 | 18.96 | 6.52 | -9.78 | 21.4 | -6.67 | -19.09 | 1.38 | -0.72 | -2.13 | 32.55 | -2.72 | 31.46 | 7.34 | 1.38 | 0.14 | 3.8 | -1.81 | -1.04 | 8.52 | 5.84 | 77.5 | 0.21 | 0 | -87.72 | 29.86 | -0.83 | -19.8 | 38.6 | 1.13 | -11.75 | 0.37 | 131.36 | 128.03 | 30.23 | 4.49 | -15.82 | 0.04 | -2.08 | 2.53 |
| 23Q2 (15) | 67.77 | 3.61 | 32.8 | 22.6 | -11.37 | 28.26 | 3.62 | 11.38 | 0 | 0 | 0 | 0 | 29.91 | 5.69 | -20.83 | 4.84 | 27.37 | -38.34 | 22.86 | 1.28 | -29.68 | 17.80 | 7.49 | -21.1 | 22.93 | -2.34 | -11.43 | 1.39 | -0.71 | -48.13 | 33.46 | 25.84 | 43.05 | 7.24 | 0.98 | 1.54 | 3.87 | 0.0 | 0.78 | 8.05 | 5.09 | 67.71 | 0 | -100.0 | -100.0 | 30.11 | 11.39 | 8.19 | 38.17 | 2.44 | 11.19 | -1.18 | -131.37 | 41.0 | 28.93 | 9.09 | 12.0 | 0.04 | -4.04 | -20.1 |
| 23Q1 (14) | 65.41 | 2.3 | 49.13 | 25.5 | 19.94 | 90.58 | 3.25 | 0 | 0 | 0 | 0 | 0 | 28.3 | -15.22 | -22.06 | 3.8 | -2.56 | -45.87 | 22.57 | -11.97 | -23.62 | 16.56 | -6.8 | -23.21 | 23.48 | -4.4 | -3.18 | 1.4 | -0.71 | 1900.0 | 26.59 | 7.48 | 52.29 | 7.17 | -0.83 | 2.58 | 3.87 | 0.0 | 0.78 | 7.66 | 21.01 | 59.58 | 2.57 | 14.22 | 50.29 | 27.03 | -16.7 | 35.35 | 37.26 | -9.21 | 40.71 | -0.51 | 84.78 | 50.96 | 26.52 | -8.87 | 40.1 | 0.04 | 8.58 | -33.29 |
| 22Q4 (13) | 63.94 | 31.08 | 73.51 | 21.26 | -0.37 | 60.57 | 0 | 0 | -100.0 | 0 | 0 | 0 | 33.38 | -9.39 | -9.1 | 3.9 | -58.47 | -34.34 | 25.64 | -17.37 | -10.32 | 17.77 | -15.46 | -20.5 | 24.56 | -7.15 | 11.84 | 1.41 | 0.0 | 1662.5 | 24.74 | -0.08 | 42.43 | 7.23 | -1.36 | 5.09 | 3.87 | 0.78 | 1.57 | 6.33 | 31.87 | 82.42 | 2.25 | 31.58 | 112.26 | 32.45 | -12.84 | 54.97 | 41.04 | -6.17 | 61.19 | -3.35 | -153.79 | -95.91 | 29.1 | -18.96 | 51.33 | 0.04 | 0.5 | 166.07 |
| 22Q3 (12) | 48.78 | -4.41 | 41.31 | 21.34 | 21.11 | 26.12 | 0 | 0 | 0 | 0 | 0 | 0 | 36.84 | -2.49 | 10.66 | 9.39 | 19.62 | 64.16 | 31.03 | -4.55 | 15.05 | 21.02 | -6.85 | -8.01 | 26.45 | 2.16 | 30.94 | 1.41 | -47.39 | 1466.67 | 24.76 | 5.86 | -24.35 | 7.33 | 2.81 | 6.7 | 3.84 | 0.0 | 5.49 | 4.8 | 0.0 | 64.95 | 1.71 | 0.0 | 22.14 | 37.23 | 33.78 | 123.07 | 43.74 | 27.41 | 108.29 | -1.32 | 34.0 | 24.14 | 35.91 | 39.02 | 140.2 | 0.04 | -23.69 | 126.02 |
| 22Q2 (11) | 51.03 | 16.35 | 76.76 | 17.62 | 31.69 | 6.85 | 0 | 0 | 0 | 0 | 0 | 0 | 37.78 | 4.05 | 23.02 | 7.85 | 11.82 | 152.41 | 32.51 | 10.02 | 31.78 | 22.56 | 4.62 | -0.52 | 25.89 | 6.76 | 41.01 | 2.68 | 3728.57 | 2877.78 | 23.39 | 33.96 | -29.99 | 7.13 | 2.0 | 3.48 | 3.84 | 0.0 | 5.49 | 4.8 | 0.0 | 64.95 | 1.71 | 0.0 | 22.14 | 27.83 | 39.36 | 170.72 | 34.33 | 29.65 | 135.3 | -2.0 | -92.31 | -88.68 | 25.83 | 36.45 | 180.15 | 0.05 | -19.88 | 162.53 |
| 22Q1 (10) | 43.86 | 19.02 | 77.28 | 13.38 | 1.06 | -30.53 | 0 | -100.0 | 0 | 0 | 0 | 0 | 36.31 | -1.12 | 33.49 | 7.02 | 18.18 | 196.2 | 29.55 | 3.36 | 34.26 | 21.56 | -3.51 | 0.38 | 24.25 | 10.43 | 50.9 | 0.07 | -12.5 | -22.22 | 17.46 | 0.52 | -35.93 | 6.99 | 1.6 | 0.72 | 3.84 | 0.79 | 5.49 | 4.8 | 38.33 | 64.95 | 1.71 | 61.32 | 22.14 | 19.97 | -4.63 | 178.52 | 26.48 | 4.01 | 130.66 | -1.04 | 39.18 | -420.0 | 18.93 | -1.56 | 171.59 | 0.06 | 333.04 | 229.23 |
| 21Q4 (9) | 36.85 | 6.75 | 47.28 | 13.24 | -21.75 | 9.69 | 2.15 | 0 | 0 | 0 | 0 | 0 | 36.72 | 10.3 | 36.76 | 5.94 | 3.85 | 249.41 | 28.59 | 6.01 | 35.24 | 22.35 | -2.17 | 2.33 | 21.96 | 8.71 | 52.82 | 0.08 | -11.11 | -11.11 | 17.37 | -46.93 | -46.55 | 6.88 | 0.15 | -0.43 | 3.81 | 4.67 | 4.67 | 3.47 | 19.24 | 43.39 | 1.06 | -24.29 | -18.46 | 20.94 | 25.46 | 143.49 | 25.46 | 21.24 | 106.66 | -1.71 | 1.72 | -22.14 | 19.23 | 28.63 | 167.08 | 0.01 | -14.63 | -20.02 |
| 21Q3 (8) | 34.52 | 19.57 | 36.28 | 16.92 | 2.61 | 83.51 | 0 | 0 | 0 | 0 | 0 | 0 | 33.29 | 8.4 | 38.59 | 5.72 | 83.92 | 107.25 | 26.97 | 9.32 | 37.67 | 22.85 | 0.74 | 10.04 | 20.2 | 10.02 | 52.22 | 0.09 | 0.0 | -10.0 | 32.73 | -2.04 | -5.4 | 6.87 | -0.29 | -1.58 | 3.64 | 0.0 | 0.0 | 2.91 | 0.0 | 41.26 | 1.4 | 0.0 | 28.44 | 16.69 | 62.35 | 90.31 | 21.0 | 43.93 | 76.03 | -1.74 | -64.15 | 5.43 | 14.95 | 62.15 | 115.73 | 0.02 | -11.36 | -2.34 |
| 21Q2 (7) | 28.87 | 16.69 | -13.2 | 16.49 | -14.38 | 79.04 | 0 | 0 | 0 | 0 | 0 | 0 | 30.71 | 12.9 | 25.96 | 3.11 | 31.22 | 55.5 | 24.67 | 12.09 | 25.48 | 22.68 | 5.56 | 0 | 18.36 | 14.25 | 40.91 | 0.09 | 0.0 | -10.0 | 33.41 | 22.61 | 5.39 | 6.89 | -0.72 | -2.13 | 3.64 | 0.0 | 0.0 | 2.91 | 0.0 | 41.26 | 1.4 | 0.0 | 28.44 | 10.28 | 43.38 | 82.92 | 14.59 | 27.09 | 66.17 | -1.06 | -430.0 | 18.46 | 9.22 | 32.28 | 113.43 | 0.02 | 0.47 | 11.78 |
| 21Q1 (6) | 24.74 | -1.12 | -30.72 | 19.26 | 59.57 | 25.72 | 0 | 0 | 0 | 0 | 0 | 0 | 27.2 | 1.3 | 26.28 | 2.37 | 39.41 | 86.61 | 22.01 | 4.12 | 28.56 | 21.48 | -1.64 | 0 | 16.07 | 11.83 | 21.28 | 0.09 | 0.0 | -94.64 | 27.25 | -16.15 | 23.19 | 6.94 | 0.43 | -1.7 | 3.64 | 0.0 | 0.0 | 2.91 | 20.25 | 69.19 | 1.4 | 7.69 | 0 | 7.17 | -16.63 | 48.14 | 11.48 | -6.82 | 74.73 | -0.2 | 85.71 | 87.01 | 6.97 | -3.19 | 111.21 | 0.02 | 5.21 | 9.5 |
| 20Q4 (5) | 25.02 | -1.22 | -18.66 | 12.07 | 30.91 | 13.44 | 0 | 0 | 0 | 0 | 0 | 0 | 26.85 | 11.78 | 9.95 | 1.7 | -38.41 | 8.97 | 21.14 | 7.91 | 5.54 | 21.84 | 5.2 | 0 | 14.37 | 8.29 | 10.88 | 0.09 | -10.0 | -95.14 | 32.5 | -6.07 | 51.8 | 6.91 | -1.0 | -1.85 | 3.64 | 0.0 | 0.0 | 2.42 | 17.48 | 40.7 | 1.3 | 19.27 | 0 | 8.6 | -1.94 | 28.55 | 12.32 | 3.27 | 46.49 | -1.4 | 23.91 | -48.94 | 7.2 | 3.9 | 25.22 | 0.02 | 4.24 | 12.06 |
| 20Q3 (4) | 25.33 | -23.84 | 0.0 | 9.22 | 0.11 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 24.02 | -1.48 | 0.0 | 2.76 | 38.0 | 0.0 | 19.59 | -0.36 | 0.0 | 20.76 | 0 | 0.0 | 13.27 | 1.84 | 0.0 | 0.1 | 0.0 | 0.0 | 34.6 | 9.15 | 0.0 | 6.98 | -0.85 | 0.0 | 3.64 | 0.0 | 0.0 | 2.06 | 0.0 | 0.0 | 1.09 | 0.0 | 0.0 | 8.77 | 56.05 | 0.0 | 11.93 | 35.88 | 0.0 | -1.84 | -41.54 | 0.0 | 6.93 | 60.42 | 0.0 | 0.02 | 1.45 | 0.0 |
