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) | 39.51 | -34.23 | 12.29 | 3.02 | 0 | 0 | 0 | 0 | 185.53 | 8.04 | 23.69 | 31.61 | 35.73 | 22.4 | 19.26 | 13.3 | 51.82 | -8.56 | 4.86 | 36.52 | 60.67 | -31.74 | 0.76 | 26.67 | 16.58 | 0.0 | 24.58 | 7.9 | 1.47 | -8.7 | 103.82 | 15.25 | 129.87 | 13.45 | -1.4 | 0 | 102.42 | 15.59 | 0.03 | -14.08 |
| 2022 (9) | 60.07 | 102.6 | 11.93 | 53.94 | 22.25 | 0.86 | 0 | 0 | 171.73 | 6.46 | 18.0 | 58.45 | 29.19 | 2.57 | 17.00 | -3.66 | 56.67 | 11.27 | 3.56 | -2.73 | 88.88 | 13.76 | 0.6 | 20.0 | 16.58 | 0.0 | 22.78 | 5.27 | 1.61 | 18.38 | 90.08 | 14.91 | 114.47 | 12.91 | -1.47 | 0 | 88.61 | 15.41 | 0.03 | -5.22 |
| 2021 (8) | 29.65 | 51.82 | 7.75 | -19.94 | 22.06 | -47.7 | 0 | 0 | 161.31 | 13.12 | 11.36 | 92.54 | 28.46 | 11.13 | 17.64 | -1.76 | 50.93 | 9.08 | 3.66 | -3.43 | 78.13 | 28.61 | 0.5 | -33.33 | 16.58 | 0.0 | 21.64 | 2.8 | 1.36 | -9.33 | 78.39 | 12.32 | 101.38 | 9.78 | -1.61 | 0 | 76.78 | 12.2 | 0.03 | -7.1 |
| 2020 (7) | 19.53 | -30.79 | 9.68 | -72.18 | 42.18 | 301.71 | 0 | 0 | 142.6 | -8.53 | 5.9 | -8.39 | 25.61 | -13.25 | 17.96 | -5.15 | 46.69 | -4.68 | 3.79 | -1.56 | 60.75 | -35.28 | 0.75 | 1.35 | 16.58 | 0.0 | 21.05 | 3.19 | 1.5 | 21.95 | 69.79 | 3.73 | 92.35 | 3.87 | -1.36 | 0 | 68.43 | 4.03 | 0.04 | -0.08 |
| 2019 (6) | 28.22 | 25.37 | 34.79 | -25.38 | 10.5 | 0 | 0 | 0 | 155.9 | -3.78 | 6.44 | -31.34 | 29.52 | -7.95 | 18.94 | -4.33 | 48.98 | -0.35 | 3.85 | -4.47 | 93.87 | -0.17 | 0.74 | -13.95 | 16.58 | 0.0 | 20.4 | 4.83 | 1.23 | 38.2 | 67.28 | 2.11 | 88.91 | 3.1 | -1.5 | 0 | 65.78 | 1.73 | 0.04 | -10.64 |
| 2018 (5) | 22.51 | -15.53 | 46.62 | 25.19 | 0 | 0 | 0 | 0 | 162.03 | 0.56 | 9.38 | -6.39 | 32.07 | -4.33 | 19.79 | -4.86 | 49.15 | 7.08 | 4.03 | -3.59 | 94.03 | 39.57 | 0.86 | 115.0 | 16.58 | 0.0 | 19.46 | 5.42 | 0.89 | 11.25 | 65.89 | 6.74 | 86.24 | 6.5 | -1.23 | 0 | 64.66 | 6.28 | 0.04 | 0.8 |
| 2017 (4) | 26.65 | 24.36 | 37.24 | 58.94 | 27.42 | 57.13 | 0 | 0 | 161.13 | 2.06 | 10.02 | -15.94 | 33.52 | 7.95 | 20.80 | 5.77 | 45.9 | 12.58 | 4.18 | -3.69 | 67.37 | -9.0 | 0.4 | -13.04 | 16.58 | 0.0 | 18.46 | 6.89 | 0.8 | 5.26 | 61.73 | 5.59 | 80.98 | 5.87 | -0.89 | 0 | 60.84 | 5.52 | 0.04 | 5.28 |
| 2016 (3) | 21.43 | -19.65 | 23.43 | -27.91 | 17.45 | 4492.11 | 0 | 0 | 157.87 | 4.76 | 11.92 | -23.88 | 31.05 | 2.24 | 19.67 | -2.41 | 40.77 | 0.1 | 4.34 | -3.77 | 74.03 | 1.84 | 0.46 | 17.95 | 16.58 | 0.0 | 17.27 | 10.0 | 0.76 | 0.0 | 58.46 | 11.8 | 76.49 | 11.24 | -0.8 | 0 | 57.66 | 8.77 | 0.04 | 84.82 |
| 2015 (2) | 26.67 | 5.46 | 32.5 | 7.58 | 0.38 | -97.5 | 0 | 0 | 150.69 | 2.43 | 15.66 | -6.23 | 30.37 | 5.75 | 20.15 | 3.24 | 40.73 | 18.54 | 4.51 | 266.67 | 72.69 | 44.97 | 0.39 | 14.71 | 16.58 | 0.0 | 15.7 | 11.9 | 0.76 | 0.0 | 52.29 | 14.2 | 68.76 | 13.48 | 0.72 | -47.06 | 53.01 | 12.43 | 0.02 | 398.89 |
| 2014 (1) | 25.29 | 18.68 | 30.21 | -15.94 | 15.19 | 272.3 | 0 | 0 | 147.12 | 7.87 | 16.7 | 24.91 | 28.72 | -1.74 | 19.52 | -8.91 | 34.36 | 3.71 | 1.23 | -23.12 | 50.14 | 14.24 | 0.34 | -17.07 | 16.58 | 0.0 | 14.03 | 10.56 | 0.76 | -7.32 | 45.79 | 23.59 | 60.59 | 19.84 | 1.36 | 183.33 | 47.15 | 25.63 | 0.00 | -28.64 |
| 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) | 46.74 | -7.17 | 7.57 | 10.91 | 16.68 | -8.32 | 0 | 0 | -100.0 | 0 | 0 | 0 | 49.49 | -2.92 | 8.44 | 6.39 | -21.4 | 2.9 | 38.16 | 2.61 | 12.83 | 19.20 | 0.62 | 2.54 | 58.93 | 2.63 | 15.71 | 4.79 | -1.03 | -2.84 | 63.85 | 1.77 | 0.03 | 0.82 | 1.23 | 15.49 | 16.58 | 0.0 | 0.0 | 26.95 | 0.0 | 9.64 | 1.4 | 0.0 | -4.76 | 114.12 | 5.93 | 17.09 | 142.47 | 4.7 | 15.35 | -1.29 | 20.37 | 19.38 | 112.83 | 6.33 | 17.7 | 0.03 | -3.39 | -7.22 |
| 24Q2 (19) | 50.35 | 11.67 | 19.06 | 9.35 | 6.86 | -9.57 | 0 | 0 | -100.0 | 0 | 0 | 0 | 50.98 | 5.09 | 14.98 | 8.13 | -8.24 | 22.44 | 37.19 | 5.12 | 12.94 | 19.09 | 1.53 | 4.42 | 57.42 | 6.04 | 15.93 | 4.84 | -0.41 | -1.63 | 62.74 | 0.74 | -3.21 | 0.81 | -1.22 | 24.62 | 16.58 | 0.0 | 0.0 | 26.95 | 9.64 | 9.64 | 1.4 | -4.76 | -4.76 | 107.73 | -4.39 | 18.06 | 136.08 | -1.92 | 16.01 | -1.62 | -3.18 | -7.28 | 106.11 | -4.5 | 18.24 | 0.03 | 2.48 | -3.4 |
| 24Q1 (18) | 45.09 | 14.12 | -8.35 | 8.75 | -28.8 | -18.91 | 0 | 0 | -100.0 | 0 | 0 | 0 | 48.51 | -2.43 | 5.82 | 8.86 | 39.31 | 97.77 | 35.38 | -0.98 | 16.77 | 18.80 | -2.38 | 10.03 | 54.15 | 4.5 | 7.57 | 4.86 | 0.0 | 37.68 | 62.28 | 2.65 | -19.85 | 0.82 | 7.89 | 41.38 | 16.58 | 0.0 | 0.0 | 24.58 | 0.0 | 7.9 | 1.47 | 0.0 | -8.7 | 112.68 | 8.53 | 19.16 | 138.74 | 6.83 | 16.64 | -1.57 | -12.14 | -8.28 | 111.11 | 8.48 | 19.33 | 0.03 | -1.05 | -13.73 |
| 23Q4 (17) | 39.51 | -9.07 | -34.23 | 12.29 | 3.28 | 3.02 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 49.72 | 8.94 | 11.08 | 6.36 | 2.42 | 84.35 | 35.73 | 5.65 | 22.4 | 19.26 | 2.82 | 13.29 | 51.82 | 1.75 | -8.56 | 4.86 | -1.42 | 36.52 | 60.67 | -4.95 | -31.74 | 0.76 | 7.04 | 26.67 | 16.58 | 0.0 | 0.0 | 24.58 | 0.0 | 7.9 | 1.47 | 0.0 | -8.7 | 103.82 | 6.53 | 15.25 | 129.87 | 5.15 | 13.45 | -1.4 | 12.5 | 4.76 | 102.42 | 6.84 | 15.59 | 0.03 | -5.3 | -14.08 |
| 23Q3 (16) | 43.45 | 2.74 | -26.86 | 11.9 | 15.09 | 67.61 | 10.0 | 0.0 | 177.78 | 0 | 0 | 0 | 45.64 | 2.93 | 0.93 | 6.21 | -6.48 | 16.51 | 33.82 | 2.7 | 15.78 | 18.73 | 2.46 | 7.64 | 50.93 | 2.83 | -12.67 | 4.93 | 0.2 | 36.57 | 63.83 | -1.53 | -46.32 | 0.71 | 9.23 | 39.22 | 16.58 | 0.0 | 0.0 | 24.58 | 0.0 | 7.9 | 1.47 | 0.0 | -8.7 | 97.46 | 6.81 | 12.58 | 123.51 | 5.29 | 11.31 | -1.6 | -5.96 | 1.84 | 95.86 | 6.82 | 12.86 | 0.03 | 0.59 | -9.98 |
| 23Q2 (15) | 42.29 | -14.04 | -14.11 | 10.34 | -4.17 | 25.94 | 10.0 | 0.0 | 177.78 | 0 | 0 | 0 | 44.34 | -3.27 | 6.77 | 6.64 | 48.21 | 46.26 | 32.93 | 8.68 | 13.16 | 18.28 | 6.98 | 2.01 | 49.53 | -1.61 | -10.37 | 4.92 | 39.38 | 35.54 | 64.82 | -16.58 | -42.61 | 0.65 | 12.07 | 20.37 | 16.58 | 0.0 | 0.0 | 24.58 | 7.9 | 7.9 | 1.47 | -8.7 | -8.7 | 91.25 | -3.5 | 12.32 | 117.3 | -1.39 | 11.05 | -1.51 | -4.14 | 1.95 | 89.74 | -3.62 | 12.6 | 0.03 | -8.47 | -11.98 |
| 23Q1 (14) | 49.2 | -18.1 | 18.5 | 10.79 | -9.56 | 20.83 | 10.0 | -55.06 | 124.72 | 0 | 0 | 0 | 45.84 | 2.41 | 13.97 | 4.48 | 29.86 | -4.27 | 30.3 | 3.8 | 2.4 | 17.08 | 0.51 | -7.35 | 50.34 | -11.17 | -3.6 | 3.53 | -0.84 | -4.08 | 77.7 | -12.58 | -27.02 | 0.58 | -3.33 | 26.09 | 16.58 | 0.0 | 0.0 | 22.78 | 0.0 | 5.27 | 1.61 | 0.0 | 18.38 | 94.56 | 4.97 | 13.83 | 118.95 | 3.91 | 12.15 | -1.45 | 1.36 | -8.21 | 93.11 | 5.08 | 13.92 | 0.03 | -1.45 | -5.66 |
| 22Q4 (13) | 60.07 | 1.11 | 102.6 | 11.93 | 68.03 | 53.94 | 22.25 | 518.06 | 0.86 | 0 | 0 | 0 | 44.76 | -1.02 | 9.41 | 3.45 | -35.27 | 6.48 | 29.19 | -0.07 | 2.57 | 17.00 | -2.31 | -3.65 | 56.67 | -2.83 | 11.27 | 3.56 | -1.39 | -2.73 | 88.88 | -25.25 | 13.76 | 0.6 | 17.65 | 20.0 | 16.58 | 0.0 | 0.0 | 22.78 | 0.0 | 5.27 | 1.61 | 0.0 | 18.38 | 90.08 | 4.05 | 14.91 | 114.47 | 3.16 | 12.91 | -1.47 | 9.82 | 8.7 | 88.61 | 4.32 | 15.41 | 0.03 | -0.78 | -5.22 |
| 22Q3 (12) | 59.41 | 20.65 | 154.0 | 7.1 | -13.52 | -38.85 | 3.6 | 0.0 | -89.16 | 0 | 0 | 0 | 45.22 | 8.89 | 13.76 | 5.33 | 17.4 | 78.86 | 29.21 | 0.38 | 7.35 | 17.40 | -2.89 | 1.91 | 58.32 | 5.54 | 14.49 | 3.61 | -0.55 | -1.9 | 118.9 | 5.28 | 90.09 | 0.51 | -5.56 | -7.27 | 16.58 | 0.0 | 0.0 | 22.78 | 0.0 | 5.27 | 1.61 | 0.0 | 18.38 | 86.57 | 6.56 | 15.2 | 110.96 | 5.05 | 13.05 | -1.63 | -5.84 | 5.23 | 84.94 | 6.57 | 15.67 | 0.03 | -1.65 | -3.23 |
| 22Q2 (11) | 49.24 | 18.59 | 113.07 | 8.21 | -8.06 | 12.47 | 3.6 | -19.1 | -89.66 | 0 | 0 | 0 | 41.53 | 3.26 | 4.9 | 4.54 | -2.99 | 98.25 | 29.1 | -1.66 | 2.94 | 17.92 | -2.83 | 0.07 | 55.26 | 5.82 | 18.79 | 3.63 | -1.36 | -2.16 | 112.94 | 6.08 | 74.67 | 0.54 | 17.39 | -10.0 | 16.58 | 0.0 | 0.0 | 22.78 | 5.27 | 8.22 | 1.61 | 18.38 | 7.33 | 81.24 | -2.2 | 8.41 | 105.63 | -0.41 | 8.35 | -1.54 | -14.93 | 3.14 | 79.7 | -2.48 | 8.66 | 0.03 | -1.9 | -2.56 |
| 22Q1 (10) | 41.52 | 40.03 | 102.73 | 8.93 | 15.23 | -3.15 | 4.45 | -79.83 | -90.39 | 0 | 0 | 0 | 40.22 | -1.69 | -2.07 | 4.68 | 44.44 | 64.21 | 29.59 | 3.97 | 0.0 | 18.44 | 4.52 | -9.54 | 52.22 | 2.53 | 16.48 | 3.68 | 0.55 | -1.87 | 106.47 | 36.27 | 91.18 | 0.46 | -8.0 | -30.3 | 16.58 | 0.0 | 0.0 | 21.64 | 0.0 | 2.8 | 1.36 | 0.0 | -9.33 | 83.07 | 5.97 | 14.34 | 106.06 | 4.62 | 11.41 | -1.34 | 16.77 | 10.07 | 81.73 | 6.45 | 14.85 | 0.03 | -0.99 | -4.52 |
| 21Q4 (9) | 29.65 | 26.76 | 51.82 | 7.75 | -33.25 | -19.94 | 22.06 | -33.57 | -47.7 | 0 | 0 | 0 | 40.91 | 2.92 | 4.98 | 3.24 | 8.72 | 47.27 | 28.46 | 4.59 | 11.13 | 17.64 | 3.34 | -1.77 | 50.93 | -0.02 | 9.08 | 3.66 | -0.54 | -3.43 | 78.13 | 24.91 | 28.61 | 0.5 | -9.09 | -33.33 | 16.58 | 0.0 | 0.0 | 21.64 | 0.0 | 2.8 | 1.36 | 0.0 | -9.33 | 78.39 | 4.31 | 12.32 | 101.38 | 3.29 | 9.78 | -1.61 | 6.4 | -18.38 | 76.78 | 4.56 | 12.2 | 0.03 | 1.31 | -7.1 |
| 21Q3 (8) | 23.39 | 1.21 | -24.84 | 11.61 | 59.04 | 9.22 | 33.21 | -4.62 | -40.65 | 0 | 0 | 0 | 39.75 | 0.4 | 3.89 | 2.98 | 30.13 | 25.74 | 27.21 | -3.75 | 9.89 | 17.07 | -4.65 | -0.68 | 50.94 | 9.5 | 12.55 | 3.68 | -0.81 | -2.13 | 62.55 | -3.26 | -4.75 | 0.55 | -8.33 | -17.91 | 16.58 | 0.0 | 0.0 | 21.64 | 2.8 | 2.8 | 1.36 | -9.33 | -9.33 | 75.15 | 0.28 | 11.22 | 98.15 | 0.68 | 8.9 | -1.72 | -8.18 | -3.61 | 73.43 | 0.11 | 11.41 | 0.03 | -0.98 | -6.91 |
| 21Q2 (7) | 23.11 | 12.84 | -16.15 | 7.3 | -20.82 | -43.93 | 34.82 | -24.84 | -37.19 | 0 | 0 | 0 | 39.59 | -3.6 | 47.39 | 2.29 | -19.65 | 382.72 | 28.27 | -4.46 | 11.69 | 17.90 | -12.16 | 0 | 46.52 | 3.77 | -5.79 | 3.71 | -1.07 | -1.33 | 64.66 | 16.11 | -4.16 | 0.6 | -9.09 | -4.76 | 16.58 | 0.0 | 0.0 | 21.05 | 0.0 | 0.0 | 1.5 | 0.0 | 0.0 | 74.94 | 3.15 | 14.92 | 97.49 | 2.41 | 11.09 | -1.59 | -6.71 | 10.67 | 73.35 | 3.08 | 15.64 | 0.03 | -3.87 | -3.25 |
| 21Q1 (6) | 20.48 | 4.86 | -31.69 | 9.22 | -4.75 | -25.1 | 46.33 | 9.84 | 36.26 | 0 | 0 | 0 | 41.07 | 5.39 | 6.65 | 2.85 | 29.55 | 32.56 | 29.59 | 15.54 | -0.87 | 20.38 | 13.5 | 0 | 44.83 | -3.98 | -4.52 | 3.75 | -1.06 | -1.57 | 55.69 | -8.33 | -39.66 | 0.66 | -12.0 | -2.94 | 16.58 | 0.0 | 0.0 | 21.05 | 0.0 | 3.19 | 1.5 | 0.0 | 21.95 | 72.65 | 4.1 | 4.62 | 95.2 | 3.09 | 4.55 | -1.49 | -9.56 | 14.86 | 71.16 | 3.99 | 5.13 | 0.03 | -3.66 | 0.22 |
| 20Q4 (5) | 19.53 | -37.24 | -30.79 | 9.68 | -8.94 | -72.18 | 42.18 | -24.62 | 301.71 | 0 | 0 | 0 | 38.97 | 1.86 | -3.56 | 2.2 | -7.17 | 279.31 | 25.61 | 3.43 | -13.25 | 17.96 | 4.48 | 0 | 46.69 | 3.16 | -4.68 | 3.79 | 0.8 | -1.56 | 60.75 | -7.49 | -35.28 | 0.75 | 11.94 | 1.35 | 16.58 | 0.0 | 0.0 | 21.05 | 0.0 | 3.19 | 1.5 | 0.0 | 21.95 | 69.79 | 3.29 | 3.73 | 92.35 | 2.46 | 3.87 | -1.36 | 18.07 | 9.33 | 68.43 | 3.82 | 4.03 | 0.04 | 1.52 | -0.08 |
| 20Q3 (4) | 31.12 | 12.92 | 0.0 | 10.63 | -18.36 | 0.0 | 55.96 | 0.94 | 0.0 | 0 | 0 | 0.0 | 38.26 | 42.44 | 0.0 | 2.37 | 392.59 | 0.0 | 24.76 | -2.17 | 0.0 | 17.19 | 0 | 0.0 | 45.26 | -8.34 | 0.0 | 3.76 | 0.0 | 0.0 | 65.67 | -2.67 | 0.0 | 0.67 | 6.35 | 0.0 | 16.58 | 0.0 | 0.0 | 21.05 | 0.0 | 0.0 | 1.5 | 0.0 | 0.0 | 67.57 | 3.62 | 0.0 | 90.13 | 2.7 | 0.0 | -1.66 | 6.74 | 0.0 | 65.91 | 3.91 | 0.0 | 0.04 | 2.91 | 0.0 |
