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) | 96.88 | 9.65 | 43.5 | -0.05 | 0 | 0 | 0 | 0 | 271.2 | -9.78 | 78.14 | -21.17 | 27.17 | -42.19 | 10.02 | -35.92 | 28.52 | -35.26 | 13.07 | -10.23 | 56.22 | 0.37 | 76.07 | -1.37 | 114.98 | 0.82 | 40.19 | 35.23 | 0.71 | 0.0 | 166.07 | 12.36 | 206.97 | 16.13 | 58.34 | 57.17 | 224.41 | 21.36 | 0.01 | -0.59 |
| 2022 (9) | 88.35 | 0.96 | 43.52 | 15.53 | 1.5 | 0 | 0 | 0 | 300.61 | 52.97 | 99.12 | 92.47 | 47.0 | 44.7 | 15.63 | -5.41 | 44.05 | 6.35 | 14.56 | 98.37 | 56.01 | 561.28 | 77.13 | 6.9 | 114.04 | 0.0 | 29.72 | 21.7 | 0.71 | 0.0 | 147.8 | 74.13 | 178.23 | 62.03 | 37.12 | 57.62 | 184.92 | 70.54 | 0.01 | -12.52 |
| 2021 (8) | 87.51 | -32.45 | 37.67 | -30.16 | 0 | 0 | 0 | 0 | 196.51 | 27.91 | 51.5 | 42.94 | 32.48 | 133.67 | 16.53 | 82.68 | 41.42 | 103.04 | 7.34 | 464.62 | 8.47 | 1244.44 | 72.15 | -5.85 | 114.04 | -0.01 | 24.42 | 17.29 | 0.71 | -29.7 | 84.88 | 29.02 | 110.0 | 25.56 | 23.55 | 1546.85 | 108.43 | 61.31 | 0.01 | -13.85 |
| 2020 (7) | 129.54 | 83.82 | 53.94 | 18.34 | 0 | 0 | 0 | 0 | 153.63 | 12.95 | 36.03 | 16.83 | 13.9 | -32.52 | 9.05 | -40.26 | 20.4 | 5.05 | 1.3 | -12.16 | 0.63 | 0 | 76.63 | -5.49 | 114.05 | 0.0 | 20.82 | 17.36 | 1.01 | -60.39 | 65.79 | 21.86 | 87.61 | 17.95 | 1.43 | 0 | 67.22 | 25.2 | 0.02 | 12.25 |
| 2019 (6) | 70.47 | -8.42 | 45.58 | 207.97 | 0 | 0 | 0 | 0 | 136.02 | -4.27 | 30.84 | 17.98 | 20.6 | -8.16 | 15.14 | -4.06 | 19.42 | 0.78 | 1.48 | 78.31 | 0 | 0 | 81.08 | -4.9 | 114.05 | 0.0 | 17.74 | 17.33 | 2.55 | 259.15 | 53.99 | 5.08 | 74.28 | 10.52 | -0.3 | 0 | 53.69 | 9.95 | 0.02 | 12.82 |
| 2018 (5) | 76.95 | -35.22 | 14.8 | 291.53 | 0 | 0 | 0 | 0 | 142.09 | -6.54 | 26.14 | 25.79 | 22.43 | 11.59 | 15.79 | 19.4 | 19.27 | -10.08 | 0.83 | -6.74 | 0 | 0 | 85.26 | -0.77 | 114.05 | 0.0 | 15.12 | 15.95 | 0.71 | 0.0 | 51.38 | 21.01 | 67.21 | 19.57 | -2.55 | 0 | 48.83 | 12.18 | 0.01 | 26.25 |
| 2017 (4) | 118.79 | 38.69 | 3.78 | -16.37 | 1.18 | -8.53 | 0 | 0 | 152.03 | 8.55 | 20.78 | 8.91 | 20.1 | 23.62 | 13.22 | 13.88 | 21.43 | 46.68 | 0.89 | -21.93 | 0.46 | -73.1 | 85.92 | -6.38 | 114.05 | 0.0 | 13.04 | 17.06 | 0.71 | 0.0 | 42.46 | -1.28 | 56.21 | 2.48 | 1.07 | -78.12 | 43.53 | -9.12 | 0.01 | 0 |
| 2016 (3) | 85.65 | 30.13 | 4.52 | 352.0 | 1.29 | -93.95 | 0 | 0 | 140.06 | 5.25 | 19.08 | 253.99 | 16.26 | 3.77 | 11.61 | -1.41 | 14.61 | 2.17 | 1.14 | 115.09 | 1.71 | -43.56 | 91.78 | -3.0 | 114.05 | 0.0 | 11.14 | 5.09 | 0.71 | 0.0 | 43.01 | 43.75 | 54.85 | 33.03 | 4.89 | -54.76 | 47.9 | 17.6 | -0.00 | 0 |
| 2015 (2) | 65.82 | -18.98 | 1.0 | -94.44 | 21.31 | -26.39 | 0 | 0 | 133.07 | -1.42 | 5.39 | 4046.15 | 15.67 | -36.2 | 11.78 | -35.28 | 14.3 | -28.1 | 0.53 | 6.0 | 3.03 | -88.19 | 94.62 | -2.21 | 114.05 | 0.0 | 10.6 | 0.19 | 0.71 | 0.0 | 29.92 | 20.31 | 41.23 | 14.02 | 10.81 | -29.85 | 40.73 | 1.12 | -0.00 | 0 |
| 2014 (1) | 81.24 | 74.19 | 17.97 | 101.01 | 28.95 | 14.11 | 0 | 0 | 134.99 | -28.6 | 0.13 | -55.17 | 24.56 | -30.39 | 18.19 | -2.51 | 19.89 | -37.8 | 0.5 | -78.9 | 25.66 | -47.4 | 96.76 | -1.25 | 114.05 | -0.04 | 10.58 | 0.28 | 0.71 | -85.33 | 24.87 | 16.76 | 36.16 | -1.44 | 15.41 | 140.03 | 40.28 | 45.31 | -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) | 109.82 | -12.08 | 0.94 | 72.5 | 57.61 | 29.81 | 1.28 | 156.0 | 0 | 0 | 0 | 0 | 91.89 | 20.02 | 34.72 | 20.05 | -0.55 | -16.46 | 39.43 | -5.53 | 26.34 | 13.92 | -13.43 | 33.07 | 40.16 | 3.85 | 44.25 | 3.41 | -73.36 | -75.92 | 79.53 | 22.96 | 68.1 | 77.62 | -2.35 | -2.62 | 115.19 | 0.37 | 0.55 | 48.2 | 0.0 | 19.93 | 0.71 | 0.0 | 0.0 | 163.26 | 15.59 | 6.26 | 212.16 | 11.58 | 9.06 | 108.06 | 11.57 | 114.66 | 271.32 | 13.96 | 33.01 | 0.01 | -1.81 | -0.81 |
| 24Q2 (19) | 124.91 | 0.6 | 12.33 | 46.0 | -29.4 | 1.3 | 0.5 | 0 | -66.67 | 0 | 0 | 0 | 76.56 | 35.67 | 5.8 | 20.16 | 52.27 | -16.73 | 41.74 | 42.9 | 46.15 | 16.08 | 40.58 | 75.21 | 38.67 | 15.33 | 33.07 | 12.8 | -0.31 | -8.51 | 64.68 | 16.12 | 48.62 | 79.49 | 1.0 | 2.99 | 114.76 | -0.73 | 0.63 | 48.2 | 19.93 | 19.93 | 0.71 | 0.0 | 0.0 | 141.24 | 9.42 | 9.46 | 190.14 | 11.86 | 11.89 | 96.85 | 17.78 | 173.2 | 238.09 | 12.67 | 44.75 | 0.01 | -5.17 | -4.22 |
| 24Q1 (18) | 124.17 | 28.17 | 7.49 | 65.16 | 49.79 | 7.83 | 0 | 0 | -100.0 | 0 | 0 | 0 | 56.43 | -3.26 | -21.95 | 13.24 | 6.86 | -24.56 | 29.21 | 7.51 | -21.6 | 11.44 | 14.19 | -3.81 | 33.53 | 17.57 | -7.96 | 12.84 | -1.76 | -9.0 | 55.7 | -0.92 | 12.48 | 78.7 | 3.46 | 3.38 | 115.6 | 0.54 | 1.37 | 40.19 | 0.0 | 35.23 | 0.71 | 0.0 | 0.0 | 129.08 | -22.27 | 13.6 | 169.98 | -17.87 | 18.0 | 82.23 | 40.95 | 131.44 | 211.31 | -5.84 | 41.67 | 0.01 | 7.92 | -1.0 |
| 23Q4 (17) | 96.88 | -10.96 | 9.65 | 43.5 | -22.11 | -0.05 | 0 | 0 | -100.0 | 0 | 0 | 0 | 58.33 | -14.48 | -31.72 | 12.39 | -48.38 | -32.55 | 27.17 | -12.94 | -42.19 | 10.02 | -4.25 | -35.92 | 28.52 | 2.44 | -35.26 | 13.07 | -7.7 | -10.23 | 56.22 | 18.83 | 0.37 | 76.07 | -4.57 | -1.37 | 114.98 | 0.37 | 0.82 | 40.19 | 0.0 | 35.23 | 0.71 | 0.0 | 0.0 | 166.07 | 8.09 | 12.36 | 206.97 | 6.39 | 16.13 | 58.34 | 15.89 | 57.17 | 224.41 | 10.02 | 21.36 | 0.01 | -1.29 | -0.59 |
| 23Q3 (16) | 108.8 | -2.16 | 5.29 | 55.85 | 22.99 | -8.41 | 0 | -100.0 | 0 | 0 | 0 | 0 | 68.21 | -5.74 | -15.83 | 24.0 | -0.87 | -43.4 | 31.21 | 9.28 | -1.61 | 10.46 | 13.98 | -6.7 | 27.84 | -4.2 | -45.12 | 14.16 | 1.22 | 4.97 | 47.31 | 8.71 | 23.56 | 79.71 | 3.28 | 0.1 | 114.56 | 0.46 | 0.46 | 40.19 | 0.0 | 35.23 | 0.71 | 0.0 | 0.0 | 153.64 | 19.07 | 18.38 | 194.54 | 14.48 | 21.43 | 50.34 | 42.0 | 84.13 | 203.98 | 24.02 | 29.82 | 0.01 | -5.18 | -0.91 |
| 23Q2 (15) | 111.2 | -3.74 | 26.98 | 45.41 | -24.86 | 13.72 | 1.5 | 0.0 | 0 | 0 | 0 | 0 | 72.36 | 0.08 | -2.9 | 24.21 | 37.95 | 1.98 | 28.56 | -23.35 | -26.13 | 9.18 | -22.82 | -41.64 | 29.06 | -20.23 | -35.76 | 13.99 | -0.85 | 9.64 | 43.52 | -12.12 | 13.69 | 77.18 | 1.38 | 2.0 | 114.04 | 0.0 | 0.0 | 40.19 | 35.23 | 35.23 | 0.71 | 0.0 | 0.0 | 129.03 | 13.55 | 49.08 | 169.93 | 17.97 | 45.26 | 35.45 | -0.23 | 71.92 | 164.48 | 10.27 | 53.48 | 0.01 | -1.99 | -6.91 |
| 23Q1 (14) | 115.52 | 30.75 | 27.31 | 60.43 | 38.86 | -11.01 | 1.5 | 0.0 | 0 | 0 | 0 | 0 | 72.3 | -15.37 | 21.29 | 17.55 | -4.46 | 20.12 | 37.26 | -20.72 | 57.22 | 11.89 | -23.93 | 6.27 | 36.43 | -17.3 | -17.8 | 14.11 | -3.09 | 14.53 | 49.52 | -11.59 | 224.3 | 76.13 | -1.3 | 3.35 | 114.04 | 0.0 | 0.0 | 29.72 | 0.0 | 21.7 | 0.71 | 0.0 | 0.0 | 113.63 | -23.12 | 66.13 | 144.05 | -19.18 | 54.01 | 35.53 | -4.28 | 1.11 | 149.16 | -19.34 | 44.06 | 0.01 | 8.37 | -8.75 |
| 22Q4 (13) | 88.35 | -14.5 | 0.96 | 43.52 | -28.63 | 15.53 | 1.5 | 0 | 0 | 0 | 0 | 0 | 85.43 | 5.42 | 26.23 | 18.37 | -56.67 | 34.58 | 47.0 | 48.17 | 44.7 | 15.64 | 39.42 | -5.4 | 44.05 | -13.17 | 6.35 | 14.56 | 7.93 | 98.37 | 56.01 | 46.28 | 561.28 | 77.13 | -3.14 | 6.9 | 114.04 | 0.0 | 0.0 | 29.72 | 0.0 | 21.7 | 0.71 | 0.0 | 0.0 | 147.8 | 13.89 | 74.13 | 178.23 | 11.25 | 62.03 | 37.12 | 35.77 | 57.62 | 184.92 | 17.69 | 70.54 | 0.01 | -1.62 | -12.52 |
| 22Q3 (12) | 103.33 | 18.0 | 1.29 | 60.98 | 52.72 | 30.22 | 0 | 0 | 0 | 0 | 0 | 0 | 81.04 | 8.75 | 84.31 | 42.4 | 78.6 | 245.84 | 31.72 | -17.95 | 51.48 | 11.21 | -28.7 | -8.2 | 50.73 | 12.14 | 31.9 | 13.49 | 5.72 | 63.71 | 38.29 | 0.03 | 614.37 | 79.63 | 5.23 | 8.46 | 114.04 | 0.0 | 0.0 | 29.72 | 0.0 | 21.7 | 0.71 | 0.0 | 0.0 | 129.78 | 49.95 | 82.51 | 160.21 | 36.96 | 66.49 | 27.34 | 32.59 | 308.06 | 157.12 | 46.61 | 101.93 | 0.01 | -10.92 | -17.54 |
| 22Q2 (11) | 87.57 | -3.49 | -9.89 | 39.93 | -41.2 | -34.1 | 0 | 0 | 0 | 0 | 0 | 0 | 74.52 | 25.01 | 84.0 | 23.74 | 62.49 | 70.55 | 38.66 | 63.12 | 111.49 | 15.73 | 40.54 | 47.97 | 45.24 | 2.08 | 52.43 | 12.76 | 3.57 | 48.2 | 38.28 | 150.69 | 5976.19 | 75.67 | 2.73 | 1.72 | 114.04 | 0.0 | -0.01 | 29.72 | 21.7 | 42.75 | 0.71 | 0.0 | -29.7 | 86.55 | 26.54 | 41.24 | 116.98 | 25.07 | 40.75 | 20.62 | -41.32 | 41.72 | 107.17 | 3.51 | 41.33 | 0.01 | -3.93 | -11.59 |
| 22Q1 (10) | 90.74 | 3.69 | -15.93 | 67.91 | 80.28 | 1.71 | 0 | 0 | 0 | 0 | 0 | 0 | 59.61 | -11.92 | 34.38 | 14.61 | 7.03 | 25.19 | 23.7 | -27.03 | 41.32 | 11.19 | -32.29 | 12.63 | 44.32 | 7.0 | 84.67 | 12.32 | 67.85 | 901.63 | 15.27 | 80.28 | 2323.81 | 73.66 | 2.09 | -2.5 | 114.04 | 0.0 | -0.01 | 24.42 | 0.0 | 17.29 | 0.71 | 0.0 | -29.7 | 68.4 | -19.42 | 46.06 | 93.53 | -14.97 | 36.24 | 35.14 | 49.21 | 247.58 | 103.54 | -4.51 | 81.84 | 0.02 | 3.9 | -12.16 |
| 21Q4 (9) | 87.51 | -14.21 | -32.45 | 37.67 | -19.56 | -30.16 | 0 | 0 | 0 | 0 | 0 | 0 | 67.68 | 53.92 | 58.95 | 13.65 | 11.34 | 34.48 | 32.48 | 55.11 | 133.67 | 16.53 | 35.3 | 82.68 | 41.42 | 7.7 | 103.04 | 7.34 | -10.92 | 464.62 | 8.47 | 58.02 | 1244.44 | 72.15 | -1.73 | -5.85 | 114.04 | 0.0 | -0.01 | 24.42 | 0.0 | 17.29 | 0.71 | 0.0 | -29.7 | 84.88 | 19.36 | 29.02 | 110.0 | 14.31 | 25.56 | 23.55 | 251.49 | 1546.85 | 108.43 | 39.35 | 61.31 | 0.01 | -7.26 | -13.85 |
| 21Q3 (8) | 102.01 | 4.97 | -16.21 | 46.83 | -22.71 | -30.95 | 0 | 0 | 0 | 0 | 0 | 0 | 43.97 | 8.57 | -1.24 | 12.26 | -11.93 | 48.79 | 20.94 | 14.55 | -12.64 | 12.22 | 14.92 | -25.91 | 38.46 | 29.58 | 87.7 | 8.24 | -4.3 | 533.85 | 5.36 | 750.79 | 1065.22 | 73.42 | -1.3 | -6.2 | 114.04 | -0.01 | -0.01 | 24.42 | 17.29 | 17.29 | 0.71 | -29.7 | -29.7 | 71.11 | 16.04 | 27.78 | 96.23 | 15.79 | 24.22 | 6.7 | -53.95 | 144.97 | 77.81 | 2.61 | 90.94 | 0.02 | -4.5 | -6.27 |
| 21Q2 (7) | 97.18 | -9.96 | 16.13 | 60.59 | -9.26 | 14.02 | 0 | 0 | 0 | 0 | 0 | 0 | 40.5 | -8.7 | 8.55 | 13.92 | 19.28 | 42.62 | 18.28 | 9.0 | -20.45 | 10.63 | 6.98 | 0 | 29.68 | 23.67 | 42.21 | 8.61 | 600.0 | 562.31 | 0.63 | 0.0 | 0 | 74.39 | -1.54 | -6.1 | 114.05 | 0.0 | 0.0 | 20.82 | 0.0 | 0.0 | 1.01 | 0.0 | 0.0 | 61.28 | 30.86 | 29.26 | 83.11 | 21.06 | 20.05 | 14.55 | 43.92 | 197.72 | 75.83 | 33.18 | 133.18 | 0.02 | -4.55 | -2.53 |
| 21Q1 (6) | 107.93 | -16.68 | 91.26 | 66.77 | 23.79 | 42.34 | 0 | 0 | 0 | 0 | 0 | 0 | 44.36 | 4.18 | 51.81 | 11.67 | 14.98 | 48.28 | 16.77 | 20.65 | -19.3 | 9.94 | 9.82 | 0 | 24.0 | 17.65 | 0.17 | 1.23 | -5.38 | -10.22 | 0.63 | 0.0 | 0 | 75.55 | -1.41 | -6.25 | 114.05 | 0.0 | 0.0 | 20.82 | 0.0 | 17.36 | 1.01 | 0.0 | -60.39 | 46.83 | -28.82 | -24.31 | 68.65 | -21.64 | -16.44 | 10.11 | 606.99 | 172.21 | 56.94 | -15.29 | 18.95 | 0.02 | 1.91 | 10.45 |
| 20Q4 (5) | 129.54 | 6.41 | 83.82 | 53.94 | -20.47 | 18.34 | 0 | 0 | 0 | 0 | 0 | 0 | 42.58 | -4.36 | 24.03 | 10.15 | 23.18 | 65.58 | 13.9 | -42.01 | -32.52 | 9.05 | -45.12 | 0 | 20.4 | -0.44 | 5.05 | 1.3 | 0.0 | -12.16 | 0.63 | 36.96 | 0 | 76.63 | -2.1 | -5.49 | 114.05 | 0.0 | 0.0 | 20.82 | 0.0 | 17.36 | 1.01 | 0.0 | -60.39 | 65.79 | 18.22 | 21.86 | 87.61 | 13.09 | 17.95 | 1.43 | 109.6 | 576.67 | 67.22 | 64.96 | 25.2 | 0.02 | 0.9 | 12.25 |
| 20Q3 (4) | 121.74 | 45.48 | 0.0 | 67.82 | 27.63 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 44.52 | 19.32 | 0.0 | 8.24 | -15.57 | 0.0 | 23.97 | 4.31 | 0.0 | 16.49 | 0 | 0.0 | 20.49 | -1.82 | 0.0 | 1.3 | 0.0 | 0.0 | 0.46 | 0 | 0.0 | 78.27 | -1.2 | 0.0 | 114.05 | 0.0 | 0.0 | 20.82 | 0.0 | 0.0 | 1.01 | 0.0 | 0.0 | 55.65 | 17.38 | 0.0 | 77.47 | 11.9 | 0.0 | -14.9 | -0.07 | 0.0 | 40.75 | 25.31 | 0.0 | 0.02 | -0.69 | 0.0 |
