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) | 123.54 | 24.83 | 0 | 0 | 22.64 | 48.65 | 0 | 0 | 213.56 | -9.19 | 18.93 | -43.86 | 53.26 | 21.54 | 24.94 | 33.84 | 25.69 | -19.97 | 2.91 | -93.31 | 126.48 | 1.63 | 0 | 0 | 72.72 | 0.0 | 29.31 | 13.78 | 0 | 0 | 85.32 | -1.46 | 114.63 | 2.04 | 0.53 | -78.01 | 85.85 | -3.53 | 0.00 | 0 |
| 2022 (9) | 98.97 | 67.58 | 0 | 0 | 15.23 | 3140.43 | 0 | 0 | 235.17 | -14.17 | 33.72 | -33.35 | 43.82 | -30.94 | 18.63 | -19.53 | 32.1 | 0.09 | 43.53 | 11.62 | 124.45 | 32.86 | 0 | 0 | 72.72 | 0.0 | 25.76 | 24.38 | 0 | 0 | 86.58 | -0.94 | 112.34 | 3.91 | 2.41 | 1.26 | 88.99 | -0.88 | 0.00 | 0 |
| 2021 (8) | 59.06 | 43.56 | 7.32 | 0 | 0.47 | -93.72 | 0 | 0 | 274.0 | 19.07 | 50.59 | 113.73 | 63.45 | 18.27 | 23.16 | -0.68 | 32.07 | 52.57 | 39.0 | 19.19 | 93.67 | 34.1 | 0 | 0 | 72.72 | 0.0 | 20.71 | 12.68 | 0 | 0 | 87.4 | 58.97 | 108.11 | 46.97 | 2.38 | 65.28 | 89.78 | 59.13 | 0.00 | 0 |
| 2020 (7) | 41.14 | -12.54 | 0 | 0 | 7.48 | 0.0 | 0 | 0 | 230.11 | 13.14 | 23.67 | -8.4 | 53.65 | 20.43 | 23.31 | 6.44 | 21.02 | 18.89 | 32.72 | -3.57 | 69.85 | -15.77 | 0 | 0 | 72.72 | 0.0 | 18.38 | 16.4 | 0.2 | 0 | 54.98 | 15.5 | 73.56 | 16.04 | 1.44 | 0 | 56.42 | 19.03 | 0.00 | 0 |
| 2019 (6) | 47.04 | 1.31 | 0 | 0 | 7.48 | -2.22 | 0 | 0 | 203.38 | 10.05 | 25.84 | 134.27 | 44.55 | -6.15 | 21.90 | -14.72 | 17.68 | -0.62 | 33.93 | -12.19 | 82.93 | -8.28 | 0 | 0 | 72.72 | -3.41 | 15.79 | 7.49 | 0 | 0 | 47.6 | 30.95 | 63.39 | 24.17 | -0.2 | 0 | 47.4 | 26.23 | 0.00 | 0 |
| 2018 (5) | 46.43 | -42.22 | 0 | 0 | 7.65 | -64.5 | 0 | 0 | 184.8 | 3.0 | 11.03 | -63.56 | 47.47 | 18.2 | 25.69 | 14.75 | 17.79 | -7.78 | 38.64 | 12.55 | 90.42 | 20.29 | 0 | 0 | 75.29 | -15.05 | 14.69 | 25.88 | 0 | 0 | 36.35 | 18.37 | 51.05 | 20.46 | 1.2 | 900.0 | 37.55 | 21.8 | 0.00 | 0 |
| 2017 (4) | 80.36 | 6.14 | 9.69 | 0 | 21.55 | 100.65 | 0 | 0 | 179.41 | -2.43 | 30.27 | 97.58 | 40.16 | -3.0 | 22.38 | -0.58 | 19.29 | 2.72 | 34.33 | 830.35 | 75.17 | -22.64 | 0 | 0 | 88.63 | -0.08 | 11.67 | 2.55 | 0 | 0 | 30.71 | 970.03 | 42.38 | 197.4 | 0.12 | -87.76 | 30.83 | 700.78 | 0.00 | 0 |
| 2016 (3) | 75.71 | -37.57 | 0 | 0 | 10.74 | -30.66 | 0 | 0 | 183.88 | -2.38 | 15.32 | -31.3 | 41.4 | 6.4 | 22.51 | 9.0 | 18.78 | 12.59 | 3.69 | 6.65 | 97.17 | 94.89 | 0 | 0 | 88.7 | -1.03 | 11.38 | 24.37 | 0 | 0 | 2.87 | -95.1 | 14.25 | -78.96 | 0.98 | 0 | 3.85 | -92.97 | 0.00 | 0 |
| 2015 (2) | 121.27 | -8.9 | 11.49 | -35.01 | 15.49 | 2.72 | 0 | 0 | 188.37 | -14.4 | 22.3 | -32.95 | 38.91 | -19.24 | 20.66 | -5.66 | 16.68 | -2.17 | 3.46 | 0 | 49.86 | 9.34 | 0 | 0 | 89.62 | 3.65 | 9.15 | 56.95 | 0 | 0 | 58.59 | -11.84 | 67.73 | -6.31 | -3.84 | 0 | 54.75 | -18.06 | 0.00 | 0 |
| 2014 (1) | 133.12 | 36.98 | 17.68 | 124.65 | 15.08 | -47.55 | 0 | 0 | 220.05 | 13.65 | 33.26 | 43.18 | 48.18 | 19.11 | 21.90 | 4.8 | 17.05 | 12.24 | 0 | 0 | 45.6 | 17.25 | 0 | 0 | 86.46 | 2.57 | 5.83 | 66.1 | 0 | 0 | 66.46 | 42.5 | 72.29 | 44.18 | 0.36 | -86.42 | 66.82 | 35.57 | 0.13 | -9.75 |
| 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) | 137.77 | -5.97 | 21.79 | 2.93 | 55.85 | 56.68 | 30.52 | 10.02 | 47.01 | 0 | 0 | 0 | 60.68 | 4.44 | 8.71 | 2.99 | -33.7 | -48.54 | 53.95 | -5.33 | -1.66 | 23.43 | -7.33 | -13.21 | 27.59 | -1.46 | 2.03 | 3.55 | 10.25 | -92.18 | 113.61 | 2.2 | -12.03 | 0 | 0 | 0 | 72.72 | 0.0 | 0.0 | 31.21 | 0.0 | 6.48 | 0 | 0 | 0 | 82.22 | 3.79 | 2.24 | 113.43 | 2.72 | 3.37 | 1.62 | 19.12 | -1.82 | 83.84 | 4.05 | 2.16 | 0.00 | 0 | 0 |
| 24Q2 (19) | 146.52 | 20.44 | 19.19 | 1.88 | 147.37 | 0 | 27.74 | 8.23 | 39.54 | 0 | 0 | 0 | 58.1 | 7.22 | 6.72 | 4.51 | 2.97 | -28.3 | 56.99 | 10.06 | 19.38 | 25.29 | 8.27 | 5.88 | 28.0 | 7.44 | -1.34 | 3.22 | 6.62 | -92.63 | 111.16 | -6.45 | -12.66 | 0 | 0 | 0 | 72.72 | 0.0 | 0.0 | 31.21 | 6.48 | 6.48 | 0 | 0 | 0 | 79.22 | -11.68 | 6.18 | 110.43 | -7.21 | 6.26 | 1.36 | 202.22 | 40.21 | 80.58 | -10.62 | 6.62 | 0.00 | 0 | 0 |
| 24Q1 (18) | 121.65 | -1.53 | 3.66 | 0.76 | 0 | 0 | 25.63 | 13.21 | 36.99 | 0 | 0 | 0 | 54.19 | -5.34 | 17.68 | 4.38 | -9.13 | 116.83 | 51.78 | -2.78 | 21.52 | 23.36 | -6.35 | 17.28 | 26.06 | 1.44 | -9.8 | 3.02 | 3.78 | -93.22 | 118.82 | -6.06 | -10.53 | 0 | 0 | 0 | 72.72 | 0.0 | 0.0 | 29.31 | 0.0 | 13.78 | 0 | 0 | 0 | 89.7 | 5.13 | 1.24 | 119.01 | 3.82 | 4.07 | 0.45 | -15.09 | -83.52 | 90.15 | 5.01 | -1.29 | 0.00 | 0 | 0 |
| 23Q4 (17) | 123.54 | 9.21 | 24.83 | 0 | -100.0 | 0 | 22.64 | 9.06 | 48.65 | 0 | 0 | 0 | 57.25 | 2.56 | 22.17 | 4.82 | -17.04 | 210.97 | 53.26 | -2.92 | 21.54 | 24.94 | -7.64 | 33.84 | 25.69 | -4.99 | -19.97 | 2.91 | -93.59 | -93.31 | 126.48 | -2.06 | 1.63 | 0 | 0 | 0 | 72.72 | 0.0 | 0.0 | 29.31 | 0.0 | 13.78 | 0 | 0 | 0 | 85.32 | 6.09 | -1.46 | 114.63 | 4.47 | 2.04 | 0.53 | -67.88 | -78.01 | 85.85 | 4.61 | -3.53 | 0.00 | 0 | 0 |
| 23Q3 (16) | 113.12 | -7.98 | 51.47 | 1.87 | 0 | 0 | 20.76 | 4.43 | 122.75 | 0 | 0 | 0 | 55.82 | 2.53 | 6.24 | 5.81 | -7.63 | -13.54 | 54.86 | 14.91 | 20.33 | 27.00 | 13.06 | 51.75 | 27.04 | -4.72 | -18.04 | 45.39 | 3.87 | 4.34 | 129.14 | 1.47 | 18.94 | 0 | 0 | 0 | 72.72 | 0.0 | 0.0 | 29.31 | 0.0 | 13.78 | 0 | 0 | 0 | 80.42 | 7.79 | -3.4 | 109.73 | 5.59 | 0.66 | 1.65 | 70.1 | -41.07 | 82.07 | 8.59 | -4.63 | 0.00 | 0 | 0 |
| 23Q2 (15) | 122.93 | 4.75 | 69.09 | 0 | 0 | 0 | 19.88 | 6.25 | 387.25 | 0 | 0 | 0 | 54.44 | 18.22 | -20.55 | 6.29 | 211.39 | -52.38 | 47.74 | 12.04 | -18.25 | 23.88 | 19.93 | 12.58 | 28.38 | -1.77 | -8.42 | 43.7 | -1.84 | 4.42 | 127.27 | -4.17 | 41.79 | 0 | 0 | 0 | 72.72 | 0.0 | 0.0 | 29.31 | 13.78 | 13.78 | 0 | 0 | 0 | 74.61 | -15.79 | -2.51 | 103.92 | -9.13 | 1.59 | 0.97 | -64.47 | -53.59 | 75.58 | -17.25 | -3.87 | 0.00 | 0 | 0 |
| 23Q1 (14) | 117.36 | 18.58 | 86.64 | 0 | 0 | 0 | 18.71 | 22.85 | 1890.43 | 0 | 0 | 0 | 46.05 | -1.73 | -31.52 | 2.02 | 30.32 | -83.51 | 42.61 | -2.76 | -24.72 | 19.91 | 6.87 | -2.69 | 28.89 | -10.0 | -8.66 | 44.52 | 2.27 | 8.01 | 132.81 | 6.72 | 43.07 | 0 | 0 | 0 | 72.72 | 0.0 | 0.0 | 25.76 | 0.0 | 24.38 | 0 | 0 | 0 | 88.6 | 2.33 | -11.09 | 114.36 | 1.8 | -4.99 | 2.73 | 13.28 | -24.59 | 91.33 | 2.63 | -11.56 | 0.00 | 0 | 0 |
| 22Q4 (13) | 98.97 | 32.53 | 67.58 | 0 | 0 | -100.0 | 15.23 | 63.41 | 3140.43 | 0 | 0 | 0 | 46.86 | -10.81 | -31.0 | 1.55 | -76.93 | -89.06 | 43.82 | -3.88 | -30.94 | 18.63 | 4.72 | -19.54 | 32.1 | -2.7 | 0.09 | 43.53 | 0.07 | 11.62 | 124.45 | 14.62 | 32.86 | 0 | 0 | 0 | 72.72 | 0.0 | 0.0 | 25.76 | 0.0 | 24.38 | 0 | 0 | 0 | 86.58 | 4.0 | -0.94 | 112.34 | 3.05 | 3.91 | 2.41 | -13.93 | 1.26 | 88.99 | 3.42 | -0.88 | 0.00 | 0 | 0 |
| 22Q3 (12) | 74.68 | 2.72 | 43.92 | 0 | 0 | -100.0 | 9.32 | 128.43 | 24.43 | 0 | 0 | 0 | 52.54 | -23.32 | -26.63 | 6.72 | -49.13 | -51.97 | 45.59 | -21.93 | -26.12 | 17.79 | -16.12 | -22.39 | 32.99 | 6.45 | 26.3 | 43.5 | 3.94 | 23.86 | 108.58 | 20.97 | 36.6 | 0 | 0 | 0 | 72.72 | 0.0 | 0.0 | 25.76 | 0.0 | 24.38 | 0 | 0 | 0 | 83.25 | 8.78 | 13.5 | 109.01 | 6.57 | 15.89 | 2.8 | 33.97 | 166.67 | 86.05 | 9.45 | 15.66 | 0.00 | 0 | 0 |
| 22Q2 (11) | 72.7 | 15.62 | 34.65 | 0 | 0 | -100.0 | 4.08 | 334.04 | -45.53 | 0 | 0 | 0 | 68.52 | 1.89 | -1.86 | 13.21 | 7.84 | 2.88 | 58.4 | 3.18 | -0.66 | 21.21 | 3.67 | -8.19 | 30.99 | -2.02 | 22.64 | 41.85 | 1.53 | 24.93 | 89.76 | -3.31 | 31.61 | 0 | 0 | 0 | 72.72 | 0.0 | 0.0 | 25.76 | 24.38 | 40.15 | 0 | 0 | -100.0 | 76.53 | -23.2 | -1.14 | 102.29 | -15.01 | 6.56 | 2.09 | -42.27 | 72.73 | 78.62 | -23.87 | 0.0 | 0.00 | 0 | 0 |
| 22Q1 (10) | 62.88 | 6.47 | 12.47 | 0 | -100.0 | -100.0 | 0.94 | 100.0 | -87.45 | 0 | 0 | 0 | 67.25 | -0.97 | 4.02 | 12.25 | -13.55 | 27.74 | 56.6 | -10.8 | 3.32 | 20.46 | -11.63 | -10.76 | 31.63 | -1.37 | 38.85 | 41.22 | 5.69 | 24.16 | 92.83 | -0.9 | 20.68 | 0 | 0 | 0 | 72.72 | 0.0 | 0.0 | 20.71 | 0.0 | 12.68 | 0 | 0 | -100.0 | 99.65 | 14.02 | 54.3 | 120.36 | 11.33 | 44.75 | 3.62 | 52.1 | 220.35 | 103.27 | 15.03 | 57.16 | 0.00 | 0 | 0 |
| 21Q4 (9) | 59.06 | 13.82 | 43.56 | 7.32 | -39.35 | 0 | 0.47 | -93.72 | -93.72 | 0 | 0 | 0 | 67.91 | -5.17 | 7.62 | 14.17 | 1.29 | 106.56 | 63.45 | 2.82 | 18.27 | 23.16 | 1.01 | -0.67 | 32.07 | 22.78 | 52.57 | 39.0 | 11.05 | 19.19 | 93.67 | 17.84 | 34.1 | 0 | 0 | 0 | 72.72 | 0.0 | 0.0 | 20.71 | 0.0 | 12.68 | 0 | 0 | -100.0 | 87.4 | 19.15 | 58.97 | 108.11 | 14.94 | 46.97 | 2.38 | 126.67 | 65.28 | 89.78 | 20.67 | 59.13 | 0.00 | 0 | 0 |
| 21Q3 (8) | 51.89 | -3.89 | 8.38 | 12.07 | 29.92 | 0 | 7.49 | 0.0 | 0.13 | 0 | 0 | 0 | 71.61 | 2.56 | 25.94 | 13.99 | 8.96 | 230.73 | 61.71 | 4.97 | 33.05 | 22.93 | -0.78 | 10.09 | 26.12 | 3.36 | 28.29 | 35.12 | 4.84 | 6.98 | 79.49 | 16.55 | -6.12 | 0 | 0 | 0 | 72.72 | 0.0 | 0.0 | 20.71 | 12.68 | 12.68 | 0 | -100.0 | -100.0 | 73.35 | -5.24 | 51.11 | 94.06 | -2.01 | 40.16 | 1.05 | -13.22 | 228.12 | 74.4 | -5.37 | 52.27 | 0.00 | 0 | 0 |
| 21Q2 (7) | 53.99 | -3.43 | -3.14 | 9.29 | 185.85 | 0 | 7.49 | 0.0 | 0.13 | 0 | 0 | 0 | 69.82 | 8.0 | 28.63 | 12.84 | 33.89 | 135.6 | 58.79 | 7.32 | 31.11 | 23.11 | 0.77 | 0 | 25.27 | 10.93 | 9.16 | 33.5 | 0.9 | 1.76 | 68.2 | -11.34 | -19.4 | 0 | 0 | 0 | 72.72 | 0.0 | 0.0 | 18.38 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 77.41 | 19.87 | 74.74 | 95.99 | 15.44 | 52.66 | 1.21 | 7.08 | 320.0 | 78.62 | 19.65 | 79.7 | 0.00 | 0 | 0 |
| 21Q1 (6) | 55.91 | 35.9 | -25.57 | 3.25 | 0 | 0 | 7.49 | 0.13 | 0.13 | 0 | 0 | 0 | 64.65 | 2.46 | 15.72 | 9.59 | 39.8 | 34.5 | 54.78 | 2.11 | 16.03 | 22.93 | -1.65 | 0 | 22.78 | 8.37 | -1.77 | 33.2 | 1.47 | -0.54 | 76.92 | 10.12 | -34.9 | 0 | 0 | 0 | 72.72 | 0.0 | 0.0 | 18.38 | 0.0 | 16.4 | 0.2 | 0.0 | 0 | 64.58 | 17.46 | 18.02 | 83.15 | 13.04 | 17.91 | 1.13 | -21.53 | 254.79 | 65.71 | 16.47 | 21.71 | 0.00 | 0 | 0 |
| 20Q4 (5) | 41.14 | -14.08 | -12.54 | 0 | 0 | 0 | 7.48 | 0.0 | 0.0 | 0 | 0 | 0 | 63.1 | 10.97 | 13.27 | 6.86 | 62.17 | 29.43 | 53.65 | 15.67 | 20.43 | 23.31 | 11.96 | 0 | 21.02 | 3.24 | 18.89 | 32.72 | -0.34 | -3.57 | 69.85 | -17.5 | -15.77 | 0 | 0 | 0 | 72.72 | 0.0 | 0.0 | 18.38 | 0.0 | 16.4 | 0.2 | 0.0 | 0 | 54.98 | 13.27 | 15.5 | 73.56 | 9.61 | 16.04 | 1.44 | 350.0 | 820.0 | 56.42 | 15.47 | 19.03 | 0.00 | 0 | 0 |
| 20Q3 (4) | 47.88 | -14.1 | 0.0 | 0 | 0 | 0.0 | 7.48 | 0.0 | 0.0 | 0 | 0 | 0.0 | 56.86 | 4.75 | 0.0 | 4.23 | -22.39 | 0.0 | 46.38 | 3.43 | 0.0 | 20.82 | 0 | 0.0 | 20.36 | -12.05 | 0.0 | 32.83 | -0.27 | 0.0 | 84.67 | 0.06 | 0.0 | 0 | 0 | 0.0 | 72.72 | 0.0 | 0.0 | 18.38 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 48.54 | 9.57 | 0.0 | 67.11 | 6.73 | 0.0 | 0.32 | 158.18 | 0.0 | 48.86 | 11.68 | 0.0 | 0.00 | 0 | 0.0 |
