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) | 405.8 | -35.55 | 0 | 0 | 50.18 | -9.18 | 0 | 0 | 440.23 | -42.14 | -16.44 | 0 | 66.79 | -12.45 | 15.17 | 51.31 | 92.77 | -20.72 | 0 | 0 | 434.58 | 179.06 | 2.73 | -18.02 | 409.05 | 2.11 | 40.35 | 25.31 | 0.03 | -25.0 | 220.73 | -13.98 | 261.11 | -9.61 | -0.04 | 0 | 220.69 | -13.99 | 0.00 | 0 |
| 2022 (9) | 629.63 | 41.22 | 0 | 0 | 55.25 | -0.83 | 0 | 0 | 760.87 | 15.95 | 216.35 | 34.45 | 76.29 | -29.35 | 10.03 | -39.06 | 117.02 | 34.03 | 0 | 0 | 155.73 | -1.2 | 3.33 | -8.77 | 400.58 | 13.31 | 32.2 | 310.71 | 0.04 | 33.33 | 256.61 | 91.02 | 288.86 | 103.12 | -0.03 | 0 | 256.58 | 91.02 | 0.00 | 0 |
| 2021 (8) | 445.85 | 594.25 | 0 | 0 | 55.71 | -21.16 | 0 | 0 | 656.23 | 43.64 | 160.92 | 322.81 | 107.98 | 73.18 | 16.45 | 20.57 | 87.31 | 11.66 | 0 | 0 | 157.62 | -5.88 | 3.65 | 42.02 | 353.52 | 13.85 | 7.84 | 1070.15 | 0.03 | 0 | 134.34 | 692.1 | 142.21 | 707.09 | -0.02 | 0 | 134.32 | 691.98 | 0.00 | 0 |
| 2020 (7) | 64.22 | 53.93 | 0 | 0 | 70.66 | 28.19 | 0 | 0 | 456.85 | 27.27 | 38.06 | 0 | 62.35 | 15.57 | 13.65 | -9.19 | 78.19 | 22.46 | 0 | 0 | 167.46 | -20.87 | 2.57 | 6.2 | 310.52 | 0.0 | 0.67 | -71.85 | 0 | 0 | 16.96 | 0 | 17.62 | 0 | 0 | 0 | 16.96 | 0 | 0.00 | 0 |
| 2019 (6) | 41.72 | -41.89 | 0 | 0 | 55.12 | 20.32 | 0 | 0 | 358.97 | -28.08 | -14.8 | 0 | 53.95 | -15.45 | 15.03 | 17.56 | 63.85 | -5.32 | 0 | 0 | 211.63 | 37.11 | 2.42 | -54.08 | 310.52 | 765.68 | 2.38 | 70.0 | 0 | 0 | -15.95 | 0 | -13.57 | 0 | 0 | 0 | -15.95 | 0 | 0.00 | 0 |
| 2018 (5) | 71.8 | 536.52 | 6.89 | 0 | 45.81 | 2933.77 | 0 | 0 | 499.14 | 700.29 | 9.86 | 65.71 | 63.81 | 468.21 | 12.78 | -29.0 | 67.44 | 915.66 | 0 | 0 | 154.35 | 1375.62 | 5.27 | 1717.24 | 35.87 | 17.07 | 1.4 | 72.84 | 0 | 0 | 10.51 | 80.9 | 11.9 | 79.49 | -0.04 | 0 | 10.47 | 66.19 | 0.00 | 0 |
| 2017 (4) | 11.28 | -12.69 | 0 | 0 | 1.51 | -16.57 | 0 | 0 | 62.37 | 5.35 | 5.95 | -8.32 | 11.23 | 14.48 | 18.01 | 8.66 | 6.64 | -10.15 | 0.05 | -61.54 | 10.46 | 391.08 | 0.29 | 16.0 | 30.64 | 22.56 | 0.81 | 326.32 | 0 | 0 | 5.81 | -7.19 | 6.63 | 2.79 | 0.49 | 0 | 6.3 | 1.94 | 0.01 | -37.06 |
| 2016 (3) | 12.92 | 0 | 0 | 0 | 1.81 | 0 | 0 | 0 | 59.2 | 0 | 6.49 | 0 | 9.81 | 0 | 16.57 | 0 | 7.39 | 0 | 0.13 | 0 | 2.13 | 0 | 0.25 | 0 | 25.0 | 0 | 0.19 | 0 | 0 | 0 | 6.26 | 0 | 6.45 | 0 | -0.08 | 0 | 6.18 | 0 | 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) | 248.75 | -19.95 | -41.76 | 0 | 0 | 0 | 46.2 | 8.91 | -18.98 | 0 | 0 | 0 | 116.51 | 4.75 | 12.01 | -28.79 | -47.04 | -764.56 | 64.82 | -0.89 | -9.33 | 14.48 | -3.65 | -4.33 | 98.38 | 2.33 | -0.89 | 0 | 0 | 0 | 570.54 | 0.36 | 51.9 | 1.99 | -7.01 | -41.81 | 415.32 | 0.11 | 2.0 | 40.35 | 0.0 | 0.0 | 0.04 | 0.0 | 33.33 | 167.96 | -14.63 | -30.31 | 208.35 | -12.14 | -25.96 | -0.03 | 50.0 | 25.0 | 167.93 | -14.62 | -30.31 | 0.00 | 0 | 0 |
| 24Q2 (19) | 310.74 | 37.65 | -31.6 | 0 | 0 | 0 | 42.42 | -4.65 | -26.77 | 0 | 0 | 0 | 111.23 | 2.8 | 1.04 | -19.58 | -346.01 | -417.34 | 65.4 | -0.46 | -4.02 | 15.03 | -0.72 | 23.55 | 96.14 | -5.97 | -7.51 | 0 | 0 | 0 | 568.52 | 33.51 | 97.53 | 2.14 | -11.57 | -39.72 | 414.86 | 0.21 | 1.95 | 40.35 | 0.0 | 0.0 | 0.04 | 0.0 | 33.33 | 196.75 | -9.05 | -19.48 | 237.13 | -7.63 | -16.72 | -0.06 | -50.0 | -50.0 | 196.69 | -9.06 | -19.49 | 0.00 | 0 | 0 |
| 24Q1 (18) | 225.75 | -44.37 | -53.71 | 0 | 0 | 0 | 44.49 | -11.34 | -30.31 | 0 | 0 | 0 | 108.2 | -3.06 | -5.5 | -4.39 | 79.23 | -334.76 | 65.7 | -1.63 | -6.95 | 15.14 | -0.2 | 43.3 | 102.24 | 10.21 | -4.31 | 0 | 0 | 0 | 425.84 | -2.01 | 149.63 | 2.42 | -11.36 | -33.7 | 413.97 | 1.2 | 1.78 | 40.35 | 0.0 | 0.0 | 0.04 | 33.33 | 33.33 | 216.33 | -1.99 | -9.17 | 256.71 | -1.69 | -7.84 | -0.04 | 0.0 | -33.33 | 216.29 | -1.99 | -9.18 | 0.00 | 0 | 0 |
| 23Q4 (17) | 405.8 | -4.98 | -35.55 | 0 | 0 | 0 | 50.18 | -12.0 | -9.18 | 0 | 0 | 0 | 111.61 | 7.3 | -22.29 | -21.14 | -534.83 | -210.1 | 66.79 | -6.57 | -12.45 | 15.17 | 0.22 | 51.31 | 92.77 | -6.54 | -20.72 | 0 | 0 | 0 | 434.58 | 15.7 | 179.06 | 2.73 | -20.18 | -18.02 | 409.05 | 0.46 | 2.11 | 40.35 | 0.0 | 25.31 | 0.03 | 0.0 | -25.0 | 220.73 | -8.42 | -13.98 | 261.11 | -7.21 | -9.61 | -0.04 | 0.0 | -33.33 | 220.69 | -8.42 | -13.99 | 0.00 | 0 | 0 |
| 23Q3 (16) | 427.08 | -6.0 | -25.65 | 0 | 0 | 0 | 57.02 | -1.57 | 3.2 | 0 | 0 | 0 | 104.02 | -5.51 | -45.78 | -3.33 | -153.97 | -105.49 | 71.49 | 4.92 | -34.66 | 15.14 | 24.43 | 12.73 | 99.26 | -4.51 | -12.23 | 0 | 0 | 0 | 375.61 | 30.51 | 152.9 | 3.42 | -3.66 | 11.4 | 407.16 | 0.06 | 3.15 | 40.35 | 0.0 | 25.31 | 0.03 | 0.0 | -25.0 | 241.02 | -1.36 | 2.19 | 281.4 | -1.17 | 4.96 | -0.04 | 0.0 | -33.33 | 240.98 | -1.36 | 2.18 | 0.00 | 0 | 0 |
| 23Q2 (15) | 454.32 | -6.85 | 18.2 | 0 | 0 | 0 | 57.93 | -9.26 | 4.87 | 0 | 0 | 0 | 110.09 | -3.85 | -49.57 | 6.17 | 229.95 | -91.21 | 68.14 | -3.5 | -43.04 | 12.17 | 15.15 | -19.05 | 103.95 | -2.71 | 2.17 | 0 | 0 | 0 | 287.81 | 68.71 | 90.22 | 3.55 | -2.74 | 8.9 | 406.93 | 0.05 | 13.14 | 40.35 | 0.0 | 117.4 | 0.03 | 0.0 | 50.0 | 244.35 | 2.59 | 12.3 | 284.73 | 2.21 | 20.56 | -0.04 | -33.33 | 0.0 | 244.31 | 2.59 | 12.3 | 0.00 | 0 | 0 |
| 23Q1 (14) | 487.71 | -22.54 | 92.98 | 0 | 0 | -100.0 | 63.84 | 15.55 | 14.63 | 0 | 0 | 0 | 114.5 | -20.28 | -44.71 | 1.87 | -90.26 | -97.18 | 70.61 | -7.45 | -40.61 | 10.57 | 5.38 | -35.04 | 106.85 | -8.69 | 14.9 | 0 | 0 | 0 | 170.59 | 9.54 | 3.3 | 3.65 | 9.61 | 5.8 | 406.73 | 1.54 | 13.21 | 40.35 | 25.31 | 414.67 | 0.03 | -25.0 | 0.0 | 238.18 | -7.18 | 50.66 | 278.56 | -3.57 | 67.86 | -0.03 | 0.0 | 0.0 | 238.15 | -7.18 | 50.67 | 0.00 | 0 | 0 |
| 22Q4 (13) | 629.63 | 9.62 | 41.22 | 0 | 0 | 0 | 55.25 | 0.0 | -0.83 | 0 | 0 | 0 | 143.62 | -25.14 | -27.31 | 19.2 | -68.37 | -69.03 | 76.29 | -30.28 | -29.35 | 10.03 | -25.33 | -39.06 | 117.02 | 3.48 | 34.03 | 0 | 0 | 0 | 155.73 | 4.85 | -1.2 | 3.33 | 8.47 | -8.77 | 400.58 | 1.49 | 13.31 | 32.2 | 0.0 | 310.71 | 0.04 | 0.0 | 33.33 | 256.61 | 8.8 | 91.02 | 288.86 | 7.74 | 103.12 | -0.03 | 0.0 | -50.0 | 256.58 | 8.8 | 91.02 | 0.00 | 0 | 0 |
| 22Q3 (12) | 574.4 | 49.44 | 112.9 | 0 | 0 | 0 | 55.25 | 0.02 | -7.44 | 0 | 0 | 0 | 191.84 | -12.13 | 10.95 | 60.71 | -13.56 | 37.42 | 109.42 | -8.53 | 20.59 | 13.43 | -10.65 | -14.55 | 113.09 | 11.16 | 35.96 | 0 | 0 | 0 | 148.52 | -1.84 | -13.36 | 3.07 | -5.83 | -19.84 | 394.71 | 9.75 | 15.91 | 32.2 | 73.49 | 310.71 | 0.04 | 100.0 | 33.33 | 235.86 | 8.4 | 230.85 | 268.11 | 13.52 | 238.74 | -0.03 | 25.0 | 0.0 | 235.83 | 8.4 | 230.94 | 0.00 | 0 | 0 |
| 22Q2 (11) | 384.37 | 52.09 | 68.91 | 0 | -100.0 | 0 | 55.24 | -0.81 | -30.35 | 0 | 0 | 0 | 218.32 | 5.43 | 42.37 | 70.23 | 6.06 | 108.65 | 119.62 | 0.61 | 42.51 | 15.03 | -7.6 | -6.84 | 101.74 | 9.41 | 26.01 | 0 | 0 | 0 | 151.3 | -8.38 | -12.14 | 3.26 | -5.51 | -18.3 | 359.66 | 0.11 | 5.62 | 18.56 | 136.73 | 2670.15 | 0.02 | -33.33 | 0 | 217.59 | 37.64 | 285.52 | 236.18 | 42.32 | 313.63 | -0.04 | -33.33 | -33.33 | 217.55 | 37.64 | 285.66 | 0.00 | 0 | 0 |
| 22Q1 (10) | 252.72 | -43.32 | 197.84 | 1.0 | 0 | 0.0 | 55.69 | -0.04 | -24.82 | 0 | 0 | 0 | 207.08 | 4.81 | 56.42 | 66.22 | 6.81 | 214.14 | 118.89 | 10.1 | 61.82 | 16.27 | -1.15 | 6.74 | 92.99 | 6.51 | 19.8 | 0 | 0 | 0 | 165.14 | 4.77 | -9.06 | 3.45 | -5.48 | 32.69 | 359.27 | 1.63 | 15.7 | 7.84 | 0.0 | 1070.15 | 0.03 | 0.0 | 0 | 158.09 | 17.68 | 594.29 | 165.95 | 16.69 | 607.98 | -0.03 | -50.0 | -50.0 | 158.06 | 17.67 | 594.77 | 0.00 | 0 | 0 |
| 21Q4 (9) | 445.85 | 65.25 | 594.25 | 0 | 0 | 0 | 55.71 | -6.67 | -21.16 | 0 | 0 | 0 | 197.58 | 14.27 | 66.41 | 62.0 | 40.33 | 472.48 | 107.98 | 19.0 | 73.18 | 16.45 | 4.7 | -7.71 | 87.31 | 4.97 | 11.66 | 0 | 0 | 0 | 157.62 | -8.06 | -5.88 | 3.65 | -4.7 | 42.02 | 353.52 | 3.82 | 13.85 | 7.84 | 0.0 | 1070.15 | 0.03 | 0.0 | 0 | 134.34 | 88.44 | 692.1 | 142.21 | 79.67 | 707.09 | -0.02 | 33.33 | 0 | 134.32 | 88.49 | 691.98 | 0.00 | 0 | 0 |
| 21Q3 (8) | 269.8 | 18.56 | 359.0 | 0 | 0 | -100.0 | 59.69 | -24.74 | 0.69 | 0 | 0 | 0 | 172.91 | 12.76 | 49.27 | 44.18 | 31.25 | 532.95 | 90.74 | 8.1 | 42.67 | 15.72 | -2.58 | -42.92 | 83.18 | 3.02 | 6.34 | 0 | 0 | 0 | 171.43 | -0.45 | -10.85 | 3.83 | -4.01 | 40.29 | 340.52 | 0.0 | 9.66 | 7.84 | 1070.15 | 1070.15 | 0.03 | 0 | 0 | 71.29 | 26.31 | 918.43 | 79.15 | 38.62 | 933.29 | -0.03 | 0.0 | 0 | 71.26 | 26.33 | 918.0 | 0.00 | 0 | 0 |
| 21Q2 (7) | 227.56 | 168.19 | 263.8 | 0 | -100.0 | 0 | 79.31 | 7.06 | 39.14 | 0 | 0 | 0 | 153.35 | 15.83 | 33.17 | 33.66 | 59.68 | 327.7 | 83.94 | 14.25 | 33.2 | 16.13 | 5.86 | 0 | 80.74 | 4.02 | 6.93 | 0 | 0 | 0 | 172.2 | -5.18 | -17.31 | 3.99 | 53.46 | 125.42 | 340.52 | 9.66 | 9.66 | 0.67 | 0.0 | 0 | 0 | 0 | 0 | 56.44 | 147.87 | 744.91 | 57.1 | 143.6 | 754.79 | -0.03 | -50.0 | 0 | 56.41 | 147.96 | 744.46 | 0.00 | 0 | 0 |
| 21Q1 (6) | 84.85 | 32.12 | 0 | 1.0 | 0 | 0 | 74.08 | 4.84 | 0 | 0 | 0 | 0 | 132.39 | 11.51 | 0 | 21.08 | 94.64 | 0 | 73.47 | 17.83 | 0 | 15.24 | -14.52 | 0 | 77.62 | -0.73 | 0 | 0 | 0 | 0 | 181.6 | 8.44 | 0 | 2.6 | 1.17 | 0 | 310.52 | 0.0 | 0 | 0.67 | 0.0 | 0 | 0 | 0 | 0 | 22.77 | 34.26 | 0 | 23.44 | 33.03 | 0 | -0.02 | 0 | 0 | 22.75 | 34.14 | 0 | 0.00 | 0 | 0 |
| 20Q4 (5) | 64.22 | 9.25 | 0 | 0 | -100.0 | 0 | 70.66 | 19.2 | 0 | 0 | 0 | 0 | 118.73 | 2.49 | 0 | 10.83 | 55.16 | 0 | 62.35 | -1.97 | 0 | 17.83 | -35.25 | 0 | 78.19 | -0.04 | 0 | 0 | 0 | 0 | 167.46 | -12.91 | 0 | 2.57 | -5.86 | 0 | 310.52 | 0.0 | 0 | 0.67 | 0.0 | 0 | 0 | 0 | 0 | 16.96 | 142.29 | 0 | 17.62 | 130.03 | 0 | 0 | 0 | 0 | 16.96 | 142.29 | 0 | 0.00 | 0 | 0 |
| 20Q3 (4) | 58.78 | -6.03 | 0.0 | 7.35 | 0 | 0.0 | 59.28 | 4.0 | 0.0 | 0 | 0 | 0.0 | 115.84 | 0.6 | 0.0 | 6.98 | -11.31 | 0.0 | 63.6 | 0.92 | 0.0 | 27.53 | 0 | 0.0 | 78.22 | 3.59 | 0.0 | 0 | 0 | 0.0 | 192.29 | -7.67 | 0.0 | 2.73 | 54.24 | 0.0 | 310.52 | 0.0 | 0.0 | 0.67 | 0 | 0.0 | 0 | 0 | 0.0 | 7.0 | 4.79 | 0.0 | 7.66 | 14.67 | 0.0 | 0 | 0 | 0.0 | 7.0 | 4.79 | 0.0 | 0.00 | 0 | 0.0 |
