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) | 28.78 | 20.77 | 934.84 | 10.8 | 317.95 | 43.17 | 0 | 0 | 286.6 | 25.77 | 36.9 | 1.85 | 2734.69 | 20.86 | 954.18 | -3.91 | 0.05 | -16.67 | 14.17 | 253.37 | 9.36 | 267.06 | 4.43 | 0 | 66.65 | 17.96 | 24.46 | 17.37 | 0.24 | -84.71 | 100.67 | 12.08 | 125.36 | 11.7 | -1.15 | 0 | 99.52 | 9.6 | 0.10 | -6.07 |
| 2022 (9) | 23.83 | 125.02 | 843.75 | 45.88 | 222.08 | 82.03 | 0 | 0 | 227.87 | 26.89 | 36.23 | 15.35 | 2262.69 | 25.27 | 992.97 | -1.28 | 0.06 | 100.0 | 4.01 | 289.32 | 2.55 | 91.73 | 0 | 0 | 56.5 | 9.71 | 20.84 | 17.81 | 1.57 | 109.33 | 89.82 | 13.45 | 112.23 | 14.97 | 0.98 | 0 | 90.8 | 17.01 | 0.10 | -3.41 |
| 2021 (8) | 10.59 | 171.54 | 578.37 | 37.84 | 122.0 | 26.79 | 0 | 0 | 179.58 | 22.45 | 31.41 | 21.46 | 1806.26 | 26.59 | 1005.82 | 3.38 | 0.03 | -25.0 | 1.03 | -12.71 | 1.33 | 0 | 0 | 0 | 51.5 | 0.0 | 17.69 | 17.07 | 0.75 | -35.34 | 79.17 | 16.49 | 97.62 | 15.9 | -1.57 | 0 | 77.6 | 15.46 | 0.11 | 17.22 |
| 2020 (7) | 3.9 | 4.28 | 419.58 | -22.16 | 96.22 | 85.04 | 0 | 0 | 146.66 | 6.88 | 25.86 | 15.65 | 1426.9 | 16.3 | 972.93 | 8.81 | 0.04 | 33.33 | 1.18 | 0 | 0 | 0 | 0 | 0 | 51.5 | 0.0 | 15.11 | 17.4 | 1.16 | -2.52 | 67.96 | 12.74 | 84.23 | 13.3 | -0.75 | 0 | 67.21 | 13.68 | 0.09 | 26.34 |
| 2019 (6) | 3.74 | -19.57 | 539.0 | -0.02 | 52.0 | 0.0 | 0 | 0 | 137.22 | 23.81 | 22.36 | 26.9 | 1226.96 | 9.44 | 894.16 | -11.61 | 0.03 | -76.92 | 0 | 0 | 2.34 | 154.35 | 0 | 0 | 51.5 | 37.48 | 12.87 | 15.84 | 1.19 | 75.0 | 60.28 | 14.71 | 74.34 | 15.52 | -1.16 | 0 | 59.12 | 15.11 | 0.07 | -44.6 |
| 2018 (5) | 4.65 | -39.14 | 539.12 | 37.07 | 52.0 | 85.71 | 0 | 0 | 110.83 | 11.66 | 17.62 | 19.46 | 1121.15 | 12.41 | 1011.59 | 0.68 | 0.13 | 8.33 | 0 | 0 | 0.92 | 0 | 0 | 0 | 37.46 | 0.0 | 11.11 | 15.25 | 0.68 | 65.85 | 52.55 | 15.04 | 64.35 | 15.49 | -1.19 | 0 | 51.36 | 14.13 | 0.13 | 32.81 |
| 2017 (4) | 7.64 | 61.86 | 393.33 | 9.01 | 28.0 | 180.0 | 0 | 0 | 99.26 | -19.47 | 14.75 | 15.96 | 997.35 | 16.06 | 1004.79 | 44.12 | 0.12 | -36.84 | 0 | 0 | 0 | 0 | 0 | 0 | 37.46 | 7.0 | 9.64 | 15.31 | 0.41 | 70.83 | 45.68 | 13.97 | 55.72 | 14.46 | -0.68 | 0 | 45.0 | 13.44 | 0.10 | 32.83 |
| 2016 (3) | 4.72 | -9.58 | 360.82 | 12.58 | 10.0 | -60.25 | 0 | 0 | 123.26 | -2.03 | 12.72 | 6.0 | 859.37 | 10.22 | 697.20 | 12.51 | 0.19 | -96.65 | 0 | 0 | 0 | 0 | 0 | 0 | 35.01 | 11.5 | 8.36 | 16.76 | 0.24 | 0.0 | 40.08 | 12.02 | 48.68 | 12.74 | -0.41 | 0 | 39.67 | 9.92 | 0.07 | -23.53 |
| 2015 (2) | 5.22 | -57.14 | 320.49 | -3.82 | 25.16 | 71.74 | 0 | 0 | 125.82 | 2.84 | 12.0 | 5.73 | 779.66 | 13.06 | 619.66 | 9.93 | 5.67 | 15.01 | 0 | 0 | 22.01 | -52.44 | 0 | 0 | 31.4 | 11.98 | 7.16 | 18.74 | 0.24 | 0.0 | 35.78 | 13.08 | 43.18 | 13.9 | 0.31 | 24.0 | 36.09 | 13.17 | 0.10 | -10.54 |
| 2014 (1) | 12.18 | 66.17 | 333.21 | -0.11 | 14.65 | 0 | 0 | 0 | 122.34 | 35.87 | 11.35 | -1.48 | 689.62 | 21.81 | 563.69 | -10.35 | 4.93 | 77.34 | 0 | 0 | 46.28 | 117.69 | 0 | 0 | 28.04 | 13.02 | 6.03 | 23.57 | 0.24 | 0 | 31.64 | 13.32 | 37.91 | 15.58 | 0.25 | 0 | 31.89 | 16.39 | 0.11 | -0.09 |
| 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) | 79.99 | 200.83 | 46.23 | 1245.28 | 7.24 | 28.26 | 316.48 | 0.16 | 18.87 | 0 | 0 | 0 | 71.81 | -6.55 | -4.29 | 7.27 | -29.0 | -27.66 | 2893.01 | 1.4 | 10.22 | 954.13 | 2.48 | -1.08 | 0.03 | -25.0 | -25.0 | 18.62 | 1.31 | 112.8 | 14.45 | 0.56 | 45.37 | 5.2 | -1.33 | 18.45 | 72.32 | 0.0 | 8.51 | 28.15 | 0.0 | 15.09 | 1.15 | 0.0 | 379.17 | 96.44 | 8.14 | 5.19 | 125.74 | 6.14 | 8.04 | 0.41 | 178.85 | 783.33 | 96.85 | 9.24 | 5.71 | 0.10 | -5.35 | -2.21 |
| 24Q2 (19) | 26.59 | -50.52 | 25.25 | 1161.25 | 7.29 | 21.03 | 315.98 | -0.06 | 19.31 | 0 | 0 | 0 | 76.84 | -1.28 | 11.04 | 10.24 | 21.9 | 15.45 | 2852.98 | 2.28 | 14.73 | 931.04 | -0.27 | -4.05 | 0.04 | -20.0 | -20.0 | 18.38 | 34.85 | 107.68 | 14.37 | 0.21 | 264.72 | 5.27 | -7.54 | 0 | 72.32 | 8.51 | 17.31 | 28.15 | 15.09 | 15.09 | 1.15 | 379.17 | 379.17 | 89.18 | -0.02 | 9.25 | 118.47 | 4.01 | 11.43 | -0.52 | 35.0 | 44.09 | 88.66 | 0.29 | 9.86 | 0.10 | -0.54 | -7.92 |
| 24Q1 (18) | 53.74 | 86.73 | 44.97 | 1082.35 | 15.78 | 28.22 | 316.17 | -0.56 | 19.88 | 0 | 0 | 0 | 77.84 | 1.46 | 18.57 | 8.4 | -6.56 | -6.56 | 2789.43 | 2.0 | 18.15 | 933.58 | -2.16 | -4.43 | 0.05 | 0.0 | 25.0 | 13.63 | -3.81 | 52.63 | 14.34 | 53.21 | 198.13 | 5.7 | 28.67 | 0 | 66.65 | 0.0 | 17.96 | 24.46 | 0.0 | 17.37 | 0.24 | 0.0 | -84.71 | 89.2 | -11.39 | 11.22 | 113.9 | -9.14 | 11.0 | -0.8 | 30.43 | -827.27 | 88.4 | -11.17 | 10.07 | 0.10 | 5.89 | -6.89 |
| 23Q4 (17) | 28.78 | -47.39 | 20.77 | 934.84 | -3.72 | 10.8 | 317.95 | 19.42 | 43.17 | 0 | 0 | 0 | 76.72 | 2.25 | 23.23 | 8.99 | -10.55 | -3.02 | 2734.69 | 4.19 | 20.86 | 954.18 | -1.07 | -3.9 | 0.05 | 25.0 | -16.67 | 14.17 | 61.94 | 253.37 | 9.36 | -5.84 | 267.06 | 4.43 | 0.91 | 0 | 66.65 | 0.0 | 17.96 | 24.46 | 0.0 | 17.37 | 0.24 | 0.0 | -84.71 | 100.67 | 9.81 | 12.08 | 125.36 | 7.72 | 11.7 | -1.15 | -1816.67 | -217.35 | 99.52 | 8.62 | 9.6 | 0.10 | -1.91 | -6.07 |
| 23Q3 (16) | 54.7 | 157.65 | 150.34 | 970.93 | 1.19 | 12.58 | 266.25 | 0.54 | 19.93 | 0 | 0 | 0 | 75.03 | 8.42 | 26.87 | 10.05 | 13.3 | 10.56 | 2624.79 | 5.56 | 23.38 | 964.50 | -0.61 | -1.83 | 0.04 | -20.0 | 33.33 | 8.75 | -1.13 | 129.66 | 9.94 | 152.28 | 553.95 | 4.39 | 0 | 0 | 66.65 | 8.11 | 17.96 | 24.46 | 0.0 | 17.37 | 0.24 | 0.0 | -84.71 | 91.68 | 12.31 | 13.82 | 116.38 | 9.46 | 13.03 | -0.06 | 93.55 | -106.0 | 91.62 | 13.53 | 12.35 | 0.10 | -10.87 | -4.66 |
| 23Q2 (15) | 21.23 | -42.73 | 27.58 | 959.47 | 13.67 | 27.24 | 264.83 | 0.41 | 19.29 | 0 | 0 | 0 | 69.2 | 5.41 | 26.67 | 8.87 | -1.33 | -3.48 | 2486.61 | 5.32 | 24.98 | 970.38 | -0.67 | -1.25 | 0.05 | 25.0 | 0.0 | 8.85 | -0.9 | 130.47 | 3.94 | -18.09 | 175.52 | 0 | 0 | 0 | 61.65 | 9.12 | 19.71 | 24.46 | 17.37 | 17.37 | 0.24 | -84.71 | -84.71 | 81.63 | 1.78 | 14.23 | 106.32 | 3.62 | 13.28 | -0.93 | -945.45 | -227.4 | 80.7 | 0.49 | 11.79 | 0.11 | 0.57 | -9.49 |
| 23Q1 (14) | 37.07 | 55.56 | -0.54 | 844.11 | 0.04 | 32.09 | 263.74 | 18.76 | 73.51 | 0 | 0 | 0 | 65.65 | 5.44 | 26.62 | 8.99 | -3.02 | 3.57 | 2360.95 | 4.34 | 24.69 | 976.89 | -1.62 | -1.85 | 0.04 | -33.33 | 33.33 | 8.93 | 122.69 | 784.16 | 4.81 | 88.63 | 251.09 | 0 | 0 | 0 | 56.5 | 0.0 | 9.71 | 20.84 | 0.0 | 17.81 | 1.57 | 0.0 | 109.33 | 80.2 | -10.71 | -8.72 | 102.61 | -8.57 | -3.48 | 0.11 | -88.78 | 127.5 | 80.31 | -11.55 | -8.18 | 0.11 | 6.82 | -4.66 |
| 22Q4 (13) | 23.83 | 9.06 | 125.02 | 843.75 | -2.17 | 45.88 | 222.08 | 0.04 | 82.03 | 0 | 0 | 0 | 62.26 | 5.28 | 22.27 | 9.27 | 1.98 | 2.09 | 2262.69 | 6.36 | 25.27 | 992.93 | 1.07 | -1.28 | 0.06 | 100.0 | 100.0 | 4.01 | 5.25 | 289.32 | 2.55 | 67.76 | 91.73 | 0 | 0 | 0 | 56.5 | 0.0 | 9.71 | 20.84 | 0.0 | 17.81 | 1.57 | 0.0 | 109.33 | 89.82 | 11.51 | 13.45 | 112.23 | 9.0 | 14.97 | 0.98 | -2.0 | 162.42 | 90.8 | 11.34 | 17.01 | 0.10 | -0.44 | -3.41 |
| 22Q3 (12) | 21.85 | 31.31 | 209.05 | 862.47 | 14.38 | 62.63 | 222.0 | 0.0 | 79.99 | 0 | 0 | 0 | 59.14 | 8.26 | 31.22 | 9.09 | -1.09 | 20.24 | 2127.39 | 6.92 | 25.75 | 982.45 | -0.02 | -2.31 | 0.03 | -40.0 | -25.0 | 3.81 | -0.78 | 262.86 | 1.52 | 6.29 | 0 | 0 | 0 | 0 | 56.5 | 9.71 | 9.71 | 20.84 | 0.0 | 17.81 | 1.57 | 0.0 | 109.33 | 80.55 | 12.72 | 14.92 | 102.96 | 9.7 | 16.29 | 1.0 | 36.99 | 158.48 | 81.55 | 12.97 | 19.26 | 0.10 | -15.39 | 6.19 |
| 22Q2 (11) | 16.64 | -55.35 | 202.55 | 754.04 | 18.0 | 73.29 | 222.0 | 46.05 | 87.86 | 0 | 0 | 0 | 54.63 | 5.36 | 28.84 | 9.19 | 5.88 | 32.61 | 1989.65 | 5.08 | 25.47 | 982.69 | -1.27 | -0.36 | 0.05 | 66.67 | -28.57 | 3.84 | 280.2 | 245.95 | 1.43 | 4.38 | 0 | 0 | 0 | 0 | 51.5 | 0.0 | 0.0 | 20.84 | 17.81 | 37.92 | 1.57 | 109.33 | 35.34 | 71.46 | -18.67 | -13.62 | 93.86 | -11.71 | -5.19 | 0.73 | 282.5 | 155.73 | 72.19 | -17.46 | -11.34 | 0.12 | 5.95 | 35.17 |
| 22Q1 (10) | 37.27 | 251.94 | 594.04 | 639.02 | 10.49 | 45.34 | 152.0 | 24.59 | 57.95 | 0 | 0 | 0 | 51.85 | 1.83 | 25.85 | 8.68 | -4.41 | 10.71 | 1893.51 | 4.83 | 25.53 | 995.33 | -1.04 | 0.99 | 0.03 | 0.0 | -40.0 | 1.01 | -1.94 | -10.62 | 1.37 | 3.01 | 0 | 0 | 0 | 0 | 51.5 | 0.0 | 0.0 | 17.69 | 0.0 | 17.07 | 0.75 | 0.0 | -35.34 | 87.86 | 10.98 | 15.91 | 106.31 | 8.9 | 15.47 | -0.4 | 74.52 | 61.9 | 87.46 | 12.71 | 17.0 | 0.12 | 8.21 | 24.98 |
| 21Q4 (9) | 10.59 | 49.79 | 171.54 | 578.37 | 9.06 | 37.84 | 122.0 | -1.09 | 26.79 | 0 | 0 | 0 | 50.92 | 12.98 | 28.72 | 9.08 | 20.11 | 26.64 | 1806.26 | 6.77 | 26.59 | 1005.77 | 0.01 | 3.37 | 0.03 | -25.0 | -25.0 | 1.03 | -1.9 | -12.71 | 1.33 | 0 | 0 | 0 | 0 | 0 | 51.5 | 0.0 | 0.0 | 17.69 | 0.0 | 17.07 | 0.75 | 0.0 | -35.34 | 79.17 | 12.95 | 16.49 | 97.62 | 10.26 | 15.9 | -1.57 | 8.19 | -109.33 | 77.6 | 13.48 | 15.46 | 0.11 | 9.47 | 17.22 |
| 21Q3 (8) | 7.07 | 28.55 | 32.65 | 530.34 | 21.88 | 26.85 | 123.34 | 4.38 | 30.01 | 0 | 0 | 0 | 45.07 | 6.3 | 19.8 | 7.56 | 9.09 | 13.0 | 1691.78 | 6.69 | 25.15 | 1005.64 | 1.96 | 2.89 | 0.04 | -42.86 | -33.33 | 1.05 | -5.41 | -11.76 | 0 | 0 | -100.0 | 0 | 0 | 0 | 51.5 | 0.0 | 0.0 | 17.69 | 17.07 | 17.07 | 0.75 | -35.34 | -35.34 | 70.09 | -15.28 | 15.3 | 88.54 | -10.57 | 14.9 | -1.71 | -30.53 | -42.5 | 68.38 | -16.02 | 14.75 | 0.10 | 7.7 | 9.08 |
| 21Q2 (7) | 5.5 | 2.42 | 12.02 | 435.13 | -1.03 | -8.45 | 118.17 | 22.8 | 25.71 | 0 | 0 | 0 | 42.4 | 2.91 | 22.33 | 6.93 | -11.61 | 18.06 | 1585.72 | 5.13 | 23.15 | 986.27 | 0.07 | 0 | 0.07 | 40.0 | 133.33 | 1.11 | -1.77 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 51.5 | 0.0 | 0.0 | 15.11 | 0.0 | 0.0 | 1.16 | 0.0 | 0.0 | 82.73 | 9.14 | 52.92 | 99.0 | 7.53 | 40.68 | -1.31 | -24.76 | 11.49 | 81.42 | 8.92 | 54.73 | 0.09 | -2.04 | 2.89 |
| 21Q1 (6) | 5.37 | 37.69 | -13.11 | 439.67 | 4.79 | -23.32 | 96.23 | 0.01 | 300.96 | 0 | 0 | 0 | 41.2 | 4.15 | 18.36 | 7.84 | 9.34 | 28.1 | 1508.36 | 5.71 | 21.39 | 985.60 | 1.3 | 0 | 0.05 | 25.0 | 66.67 | 1.13 | -4.24 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 51.5 | 0.0 | 0.0 | 15.11 | 0.0 | 17.4 | 1.16 | 0.0 | -2.52 | 75.8 | 11.54 | 14.16 | 92.07 | 9.31 | 14.43 | -1.05 | -40.0 | 28.57 | 74.75 | 11.22 | 15.12 | 0.09 | 1.5 | 9.87 |
| 20Q4 (5) | 3.9 | -26.83 | 14.37 | 419.58 | 0.36 | -18.48 | 96.22 | 1.42 | 85.04 | 0 | 0 | 0 | 39.56 | 5.16 | 26.71 | 7.17 | 7.17 | 35.28 | 1426.9 | 5.55 | 16.35 | 973.00 | -0.45 | 0 | 0.04 | -33.33 | 33.33 | 1.18 | -0.84 | 0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 51.5 | 0.0 | 0.0 | 15.11 | 0.0 | 17.4 | 1.16 | 0.0 | -2.52 | 67.96 | 11.79 | 12.74 | 84.23 | 9.3 | 13.3 | -0.75 | 37.5 | 35.34 | 67.21 | 12.79 | 13.68 | 0.09 | 1.86 | 24.65 |
| 20Q3 (4) | 5.33 | 8.55 | 0.0 | 418.09 | -12.03 | 0.0 | 94.87 | 0.93 | 0.0 | 0 | 0 | 0.0 | 37.62 | 8.54 | 0.0 | 6.69 | 13.97 | 0.0 | 1351.83 | 4.99 | 0.0 | 977.39 | 0 | 0.0 | 0.06 | 100.0 | 0.0 | 1.19 | 0 | 0.0 | 1.4 | -39.39 | 0.0 | 0 | 0 | 0.0 | 51.5 | 0.0 | 0.0 | 15.11 | 0.0 | 0.0 | 1.16 | 0.0 | 0.0 | 60.79 | 12.37 | 0.0 | 77.06 | 9.51 | 0.0 | -1.2 | 18.92 | 0.0 | 59.59 | 13.25 | 0.0 | 0.09 | 1.6 | 0.0 |
