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) | 54.99 | -2.88 | 0 | 0 | 0 | 0 | 0 | 0 | 167.23 | -7.24 | 18.58 | -48.53 | 15.95 | 29.89 | 9.54 | 40.02 | 26.61 | -39.51 | 6.43 | -12.04 | 0 | 0 | 2.03 | 163.64 | 12.01 | 0.0 | 21.65 | 20.14 | 2.88 | 174.29 | 56.33 | -19.08 | 80.87 | -8.82 | -0.76 | 0 | 55.57 | -16.8 | 0.25 | 8.95 |
| 2022 (9) | 56.62 | -28.61 | 0.18 | -67.27 | 0 | 0 | 0 | 0 | 180.28 | -19.0 | 36.1 | -39.89 | 12.28 | -37.09 | 6.81 | -22.34 | 43.99 | 79.48 | 7.31 | 8.62 | 0 | 0 | 0.77 | 57.14 | 12.01 | 0.0 | 18.02 | 50.17 | 1.05 | -41.67 | 69.61 | -9.6 | 88.69 | -2.32 | -2.82 | 0 | 66.79 | -12.06 | 0.23 | -0.04 |
| 2021 (8) | 79.31 | 41.95 | 0.55 | -79.48 | 0 | 0 | 0 | 0 | 222.56 | 61.22 | 60.06 | 333.65 | 19.52 | 41.55 | 8.77 | -12.2 | 24.51 | 58.74 | 6.73 | 173.58 | 0 | 0 | 0.49 | 11.36 | 12.01 | 0.0 | 12.0 | 10.8 | 1.8 | 130.77 | 77.0 | 174.41 | 90.8 | 128.95 | -1.05 | 0 | 75.95 | 189.22 | 0.23 | -20.33 |
| 2020 (7) | 55.87 | 90.49 | 2.68 | -3.94 | 0 | 0 | 0 | 0 | 138.05 | 0.01 | 13.85 | 12.51 | 13.79 | -1.43 | 9.99 | -1.44 | 15.44 | -19.16 | 2.46 | -18.54 | 0 | 0 | 0.44 | 15.79 | 12.01 | 0.0 | 10.83 | 12.81 | 0.78 | -69.05 | 28.06 | 19.0 | 39.66 | 11.09 | -1.8 | 0 | 26.26 | 15.18 | 0.28 | 64.74 |
| 2019 (6) | 29.33 | 42.38 | 2.79 | -41.39 | 0 | 0 | 0 | 0 | 138.03 | 33.61 | 12.31 | 46.55 | 13.99 | 2.94 | 10.14 | -22.95 | 19.1 | -7.77 | 3.02 | -8.76 | 0 | 0 | 0.38 | -20.83 | 12.01 | -0.08 | 9.6 | 9.71 | 2.52 | 833.33 | 23.58 | 11.02 | 35.7 | 17.98 | -0.78 | 0 | 22.8 | 23.51 | 0.17 | 82.23 |
| 2018 (5) | 20.6 | 44.87 | 4.76 | 2280.0 | 0 | 0 | 0 | 0 | 103.31 | 9.54 | 8.4 | -3.78 | 13.59 | 34.55 | 13.15 | 22.83 | 20.71 | 19.37 | 3.31 | -1.19 | 0 | 0 | 0.48 | -14.29 | 12.02 | -0.25 | 8.75 | 11.04 | 0.27 | 200.0 | 21.24 | 7.87 | 30.26 | 9.4 | -2.78 | 0 | 18.46 | -2.43 | 0.09 | 48.37 |
| 2017 (4) | 14.22 | -32.45 | 0.2 | 0.0 | 0 | 0 | 0 | 0 | 94.31 | -7.45 | 8.73 | -16.22 | 10.1 | 9.19 | 10.71 | 17.98 | 17.35 | 7.1 | 3.35 | 46.93 | 0 | 0 | 0.56 | 24.44 | 12.05 | -0.08 | 7.88 | 15.2 | 0.09 | -57.14 | 19.69 | -5.97 | 27.66 | -1.18 | -0.77 | 0 | 18.92 | -3.72 | 0.06 | -2.67 |
| 2016 (3) | 21.05 | 19.74 | 0.2 | -94.2 | 0 | 0 | 0 | 0 | 101.9 | 9.97 | 10.42 | 24.79 | 9.25 | 15.62 | 9.08 | 5.14 | 16.2 | 27.66 | 2.28 | -23.49 | 0 | 0 | 0.45 | -16.67 | 12.06 | 1.26 | 6.84 | 14.0 | 0.21 | 0 | 20.94 | 19.25 | 27.99 | 18.8 | -1.29 | 0 | 19.65 | 13.45 | 0.07 | 44.01 |
| 2015 (2) | 17.58 | 46.74 | 3.45 | -31.95 | 0 | 0 | 0 | 0 | 92.66 | 22.0 | 8.35 | 17.28 | 8.0 | -12.47 | 8.63 | -28.26 | 12.69 | 21.09 | 2.98 | 17.32 | 0 | 0 | 0.54 | -10.0 | 11.91 | 0.0 | 6.0 | 13.42 | 0 | 0 | 17.56 | 14.25 | 23.56 | 14.04 | -0.24 | 0 | 17.32 | 8.39 | 0.05 | 56.51 |
| 2014 (1) | 11.98 | 22.37 | 5.07 | 1026.67 | 0 | 0 | 0 | 0 | 75.95 | 19.83 | 7.12 | 65.97 | 9.14 | 22.03 | 12.03 | 1.83 | 10.48 | -4.73 | 2.54 | -1.55 | 0.15 | -50.0 | 0.6 | -15.49 | 11.91 | 0.0 | 5.29 | 8.85 | 0 | 0 | 15.37 | 25.16 | 20.66 | 20.47 | 0.61 | 154.17 | 15.98 | 27.64 | 0.03 | 18.48 |
| 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) | 63.24 | 3.64 | 27.58 | 1.73 | 458.06 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46.83 | 6.99 | 11.45 | 4.63 | -12.81 | -14.26 | 17.42 | 2.11 | 18.1 | 9.83 | -0.66 | 6.93 | 30.28 | 2.09 | 6.81 | 6.44 | -0.46 | 0.62 | 0 | 0 | 0 | 2.08 | 11.23 | 11.83 | 12.01 | 0.0 | 0.0 | 23.51 | 0.0 | 8.59 | 0.76 | 0.0 | -73.61 | 56.48 | 8.95 | 8.62 | 80.75 | 6.08 | 5.5 | 1.4 | -16.17 | 200.0 | 57.88 | 8.17 | 14.39 | 0.24 | 0.17 | -0.67 |
| 24Q2 (19) | 61.02 | -16.56 | -28.41 | 0.31 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43.77 | 5.5 | -0.75 | 5.31 | 22.63 | -10.15 | 17.06 | 6.89 | 12.53 | 9.90 | 7.1 | 3.84 | 29.66 | -6.67 | -0.94 | 6.47 | -5.55 | 0.78 | 0 | 0 | 0 | 1.87 | 2.19 | 105.49 | 12.01 | 0.0 | 0.0 | 23.51 | 8.59 | 8.59 | 0.76 | -73.61 | -73.61 | 51.84 | 12.04 | 11.24 | 76.12 | 7.51 | 7.0 | 1.67 | 145.59 | 234.68 | 53.51 | 13.97 | 17.97 | 0.24 | -1.61 | 3.09 |
| 24Q1 (18) | 73.13 | 32.99 | -5.37 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41.49 | -8.02 | 15.22 | 4.33 | 0.7 | 45.79 | 15.96 | 0.06 | 32.45 | 9.24 | -3.11 | 22.96 | 31.78 | 19.43 | 1.96 | 6.85 | 6.53 | 6.2 | 0 | 0 | 0 | 1.83 | -9.85 | 157.75 | 12.01 | 0.0 | 0.0 | 21.65 | 0.0 | 20.14 | 2.88 | 0.0 | 174.29 | 46.27 | -17.86 | 0.26 | 70.8 | -12.45 | 8.54 | 0.68 | 189.47 | 136.56 | 46.95 | -15.51 | 6.01 | 0.25 | 0.19 | -0.47 |
| 23Q4 (17) | 54.99 | 10.93 | -2.88 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 45.11 | 7.35 | 17.75 | 4.3 | -20.37 | 16.53 | 15.95 | 8.14 | 29.89 | 9.54 | 3.74 | 40.01 | 26.61 | -6.14 | -39.51 | 6.43 | 0.47 | -12.04 | 0 | 0 | 0 | 2.03 | 9.14 | 163.64 | 12.01 | 0.0 | 0.0 | 21.65 | 0.0 | 20.14 | 2.88 | 0.0 | 174.29 | 56.33 | 8.33 | -19.08 | 80.87 | 5.66 | -8.82 | -0.76 | 45.71 | 73.05 | 55.57 | 9.82 | -16.8 | 0.25 | 0.6 | 8.95 |
| 23Q3 (16) | 49.57 | -41.84 | -12.59 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42.02 | -4.72 | 3.34 | 5.4 | -8.63 | -26.03 | 14.75 | -2.7 | -5.51 | 9.19 | -3.53 | 19.5 | 28.35 | -5.31 | -49.36 | 6.4 | -0.31 | -12.69 | 0 | 0 | 0 | 1.86 | 104.4 | 220.69 | 12.01 | 0.0 | 0.0 | 21.65 | 0.0 | 20.14 | 2.88 | 0.0 | 174.29 | 52.0 | 11.59 | -21.09 | 76.54 | 7.59 | -9.93 | -1.4 | -12.9 | 50.88 | 50.6 | 11.55 | -19.75 | 0.25 | 3.96 | 7.32 |
| 23Q2 (15) | 85.23 | 10.29 | -16.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 44.1 | 22.47 | -2.8 | 5.91 | 98.99 | -45.98 | 15.16 | 25.81 | -7.05 | 9.53 | 26.81 | 33.28 | 29.94 | -3.95 | -40.81 | 6.42 | -0.47 | -12.77 | 0 | 0 | 0 | 0.91 | 28.17 | 139.47 | 12.01 | 0.0 | 0.0 | 21.65 | 20.14 | 20.14 | 2.88 | 174.29 | 174.29 | 46.6 | 0.98 | -20.23 | 71.14 | 9.06 | -8.19 | -1.24 | 33.33 | 54.74 | 45.36 | 2.42 | -18.53 | 0.24 | -5.0 | 2.69 |
| 23Q1 (14) | 77.28 | 36.49 | -22.36 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 36.01 | -6.0 | -35.63 | 2.97 | -19.51 | -79.06 | 12.05 | -1.87 | -42.23 | 7.51 | 10.32 | -14.23 | 31.17 | -29.14 | -8.81 | 6.45 | -11.76 | -3.87 | 0 | 0 | 0 | 0.71 | -7.79 | 54.35 | 12.01 | 0.0 | 0.0 | 18.02 | 0.0 | 50.17 | 1.05 | 0.0 | -41.67 | 46.15 | -33.7 | -12.51 | 65.23 | -26.45 | -1.98 | -1.86 | 34.04 | -61.74 | 44.29 | -33.69 | -14.17 | 0.25 | 9.66 | 4.65 |
| 22Q4 (13) | 56.62 | -0.16 | -28.61 | 0.18 | 0 | -67.27 | 0 | 0 | 0 | 0 | 0 | 0 | 38.31 | -5.78 | -37.12 | 3.69 | -49.45 | -79.21 | 12.28 | -21.33 | -37.09 | 6.81 | -11.46 | -22.33 | 43.99 | -21.42 | 79.48 | 7.31 | -0.27 | 8.62 | 0 | 0 | 0 | 0.77 | 32.76 | 57.14 | 12.01 | 0.0 | 0.0 | 18.02 | 0.0 | 50.17 | 1.05 | 0.0 | -41.67 | 69.61 | 5.63 | -9.6 | 88.69 | 4.37 | -2.32 | -2.82 | 1.05 | -168.57 | 66.79 | 5.93 | -12.06 | 0.23 | -0.9 | -0.04 |
| 22Q3 (12) | 56.71 | -44.11 | -28.68 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 40.66 | -10.38 | -38.26 | 7.3 | -33.27 | -61.25 | 15.61 | -4.29 | -17.97 | 7.69 | 7.6 | -17.94 | 55.98 | 10.68 | 180.46 | 7.33 | -0.41 | 8.43 | 0 | 0 | 0 | 0.58 | 52.63 | 34.88 | 12.01 | 0.0 | 0.0 | 18.02 | 0.0 | 50.17 | 1.05 | 0.0 | -41.67 | 65.9 | 12.8 | 11.32 | 84.98 | 9.67 | 16.41 | -2.85 | -4.01 | -68.64 | 63.05 | 13.24 | 9.63 | 0.23 | -0.53 | -2.6 |
| 22Q2 (11) | 101.47 | 1.94 | 23.91 | 0.3 | -85.0 | -93.01 | 0 | 0 | 0 | 0 | 0 | 0 | 45.37 | -18.9 | -18.03 | 10.94 | -22.85 | -29.87 | 16.31 | -21.81 | -1.27 | 7.15 | -18.39 | -23.83 | 50.58 | 47.98 | 155.33 | 7.36 | 9.69 | 8.55 | 0 | 0 | 0 | 0.38 | -17.39 | -17.39 | 12.01 | 0.0 | 0.0 | 18.02 | 50.17 | 50.17 | 1.05 | -41.67 | -41.67 | 58.42 | 10.75 | 44.75 | 77.49 | 16.44 | 43.05 | -2.74 | -138.26 | -110.77 | 55.68 | 7.91 | 42.55 | 0.23 | -3.18 | -5.16 |
| 22Q1 (10) | 99.54 | 25.51 | 85.99 | 2.0 | 263.64 | 34.23 | 0 | 0 | 0 | 0 | 0 | 0 | 55.94 | -8.19 | 38.36 | 14.18 | -20.11 | 80.18 | 20.86 | 6.86 | 56.14 | 8.76 | -0.1 | -3.54 | 34.18 | 39.45 | 92.13 | 6.71 | -0.3 | -1.47 | 0 | 0 | 0 | 0.46 | -6.12 | -4.17 | 12.01 | 0.0 | 0.0 | 12.0 | 0.0 | 10.8 | 1.8 | 0.0 | 130.77 | 52.75 | -31.49 | 96.02 | 66.55 | -26.71 | 72.77 | -1.15 | -9.52 | 29.45 | 51.6 | -32.06 | 104.11 | 0.24 | 4.75 | -9.15 |
| 21Q4 (9) | 79.31 | -0.26 | 41.95 | 0.55 | -81.1 | -79.48 | 0 | 0 | 0 | 0 | 0 | 0 | 60.93 | -7.49 | 47.42 | 17.75 | -5.79 | 265.23 | 19.52 | 2.57 | 41.55 | 8.77 | -6.46 | -12.2 | 24.51 | 22.8 | 58.74 | 6.73 | -0.44 | 173.58 | 0 | 0 | 0 | 0.49 | 13.95 | 11.36 | 12.01 | 0.0 | 0.0 | 12.0 | 0.0 | 10.8 | 1.8 | 0.0 | 130.77 | 77.0 | 30.07 | 174.41 | 90.8 | 24.38 | 128.95 | -1.05 | 37.87 | 41.67 | 75.95 | 32.06 | 189.22 | 0.23 | -3.45 | -20.33 |
| 21Q3 (8) | 79.52 | -2.89 | 112.0 | 2.91 | -32.17 | -14.41 | 0 | 0 | 0 | 0 | 0 | 0 | 65.86 | 18.99 | 69.39 | 18.84 | 20.77 | 496.2 | 19.03 | 15.19 | 53.47 | 9.38 | -0.12 | 1.36 | 19.96 | 0.76 | 9.73 | 6.76 | -0.29 | 173.68 | 0 | 0 | 0 | 0.43 | -6.52 | 19.44 | 12.01 | 0.0 | 0.0 | 12.0 | 0.0 | 10.8 | 1.8 | 0.0 | 130.77 | 59.2 | 46.68 | 142.72 | 73.0 | 34.76 | 102.83 | -1.69 | -30.0 | 16.34 | 57.51 | 47.24 | 157.09 | 0.23 | -3.14 | -18.4 |
| 21Q2 (7) | 81.89 | 53.01 | 98.62 | 4.29 | 187.92 | -44.21 | 0 | 0 | 0 | 0 | 0 | 0 | 55.35 | 36.9 | 109.26 | 15.6 | 98.22 | 434.25 | 16.52 | 23.65 | 49.77 | 9.39 | 3.35 | 0 | 19.81 | 11.35 | -20.63 | 6.78 | -0.44 | 173.39 | 0 | 0 | 0 | 0.46 | -4.17 | 58.62 | 12.01 | 0.0 | 0.0 | 12.0 | 10.8 | 10.8 | 1.8 | 130.77 | 130.77 | 40.36 | 49.98 | 90.11 | 54.17 | 40.63 | 65.0 | -1.3 | 20.25 | 23.98 | 39.06 | 54.51 | 100.1 | 0.24 | -7.26 | -12.26 |
| 21Q1 (6) | 53.52 | -4.21 | 59.48 | 1.49 | -44.4 | -68.96 | 0 | 0 | 0 | 0 | 0 | 0 | 40.43 | -2.18 | 28.8 | 7.87 | 61.93 | 170.45 | 13.36 | -3.12 | 7.05 | 9.08 | -9.07 | 0 | 17.79 | 15.22 | -25.47 | 6.81 | 176.83 | 173.49 | 0 | 0 | 0 | 0.48 | 9.09 | 41.18 | 12.01 | 0.0 | 0.0 | 10.83 | 0.0 | 12.81 | 0.78 | 0.0 | -69.05 | 26.91 | -4.1 | 45.54 | 38.52 | -2.87 | 25.88 | -1.63 | 9.44 | 38.02 | 25.28 | -3.73 | 59.39 | 0.26 | -8.15 | 62.43 |
| 20Q4 (5) | 55.87 | 48.95 | 90.49 | 2.68 | -21.18 | -3.94 | 0 | 0 | 0 | 0 | 0 | 0 | 41.33 | 6.3 | 10.72 | 4.86 | 53.8 | 58.82 | 13.79 | 11.21 | -1.43 | 9.99 | 7.99 | 0 | 15.44 | -15.12 | -19.16 | 2.46 | -0.4 | -18.54 | 0 | 0 | 0 | 0.44 | 22.22 | 15.79 | 12.01 | 0.0 | 0.0 | 10.83 | 0.0 | 12.81 | 0.78 | 0.0 | -69.05 | 28.06 | 15.05 | 19.0 | 39.66 | 10.2 | 11.09 | -1.8 | 10.89 | -130.77 | 26.26 | 17.39 | 15.18 | 0.28 | -1.11 | 64.74 |
| 20Q3 (4) | 37.51 | -9.02 | 0.0 | 3.4 | -55.79 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 38.88 | 46.99 | 0.0 | 3.16 | 8.22 | 0.0 | 12.4 | 12.42 | 0.0 | 9.25 | 0 | 0.0 | 18.19 | -27.12 | 0.0 | 2.47 | -0.4 | 0.0 | 0 | 0 | 0.0 | 0.36 | 24.14 | 0.0 | 12.01 | 0.0 | 0.0 | 10.83 | 0.0 | 0.0 | 0.78 | 0.0 | 0.0 | 24.39 | 14.88 | 0.0 | 35.99 | 9.63 | 0.0 | -2.02 | -18.13 | 0.0 | 22.37 | 14.6 | 0.0 | 0.29 | 4.15 | 0.0 |
