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) | 55.27 | 64.1 | 51.23 | -11.46 | 1.97 | 105.21 | 0 | 0 | 257.92 | -12.67 | 16.51 | 41.96 | 72.69 | -1.29 | 28.18 | 13.03 | 60.69 | -26.77 | 0.68 | -9.33 | 39.95 | -12.93 | 7.18 | -23.29 | 28.0 | 0.0 | 13.51 | 9.39 | 0.56 | -86.76 | 30.67 | 53.5 | 44.74 | 22.41 | 8.37 | 0 | 39.04 | 101.03 | 0.23 | -7.25 |
| 2022 (9) | 33.68 | 10.61 | 57.86 | 14.8 | 0.96 | 464.71 | 0 | 0 | 295.35 | 5.3 | 11.63 | 1.39 | 73.64 | -6.33 | 24.93 | -11.05 | 82.88 | -2.94 | 0.75 | -45.26 | 45.88 | 26.6 | 9.36 | -8.06 | 28.0 | 0.0 | 12.35 | 10.56 | 4.23 | 9.3 | 19.98 | 9.3 | 36.55 | 9.69 | -0.56 | 0 | 19.42 | 38.22 | 0.24 | 7.67 |
| 2021 (8) | 30.45 | 16.98 | 50.4 | 104.05 | 0.17 | 0 | 0 | 0 | 280.49 | 25.5 | 11.47 | 26.88 | 78.62 | 14.69 | 28.03 | -8.61 | 85.39 | 96.89 | 1.37 | 18.1 | 36.24 | 126.5 | 10.18 | 31.52 | 28.0 | 0.0 | 11.17 | 9.08 | 3.87 | -21.34 | 18.28 | 36.42 | 33.32 | 16.67 | -4.23 | 0 | 14.05 | 47.43 | 0.23 | 72.49 |
| 2020 (7) | 26.03 | 51.16 | 24.7 | 1.44 | 0 | 0 | 0 | 0 | 223.5 | 16.79 | 9.04 | 0.44 | 68.55 | 17.7 | 30.67 | 0.78 | 43.37 | 43.09 | 1.16 | -29.27 | 16.0 | 59.2 | 7.74 | 7.8 | 28.0 | 0.0 | 10.24 | 9.64 | 4.92 | 34.06 | 13.4 | 5.51 | 28.56 | 11.09 | -3.87 | 0 | 9.53 | 22.49 | 0.13 | 17.9 |
| 2019 (6) | 17.22 | 0.23 | 24.35 | 159.59 | 0.01 | 0 | 0 | 0 | 191.37 | -4.86 | 9.0 | -40.79 | 58.24 | -11.88 | 30.43 | -7.38 | 30.31 | 17.85 | 1.64 | 16.31 | 10.05 | 128.41 | 7.18 | 19.67 | 28.0 | 0.0 | 9.34 | 19.44 | 3.67 | 11.55 | 12.7 | -18.8 | 25.71 | -3.89 | -4.92 | 0 | 7.78 | -35.0 | 0.11 | 97.53 |
| 2018 (5) | 17.18 | 69.26 | 9.38 | 87.23 | 0 | 0 | 0 | 0 | 201.14 | 13.87 | 15.2 | 161.62 | 66.09 | 18.85 | 32.86 | 4.37 | 25.72 | 26.45 | 1.41 | 1181.82 | 4.4 | -8.33 | 6.0 | 3429.41 | 28.0 | 0.0 | 7.82 | 8.01 | 3.29 | 0 | 15.64 | 103.91 | 26.75 | 79.41 | -3.67 | 0 | 11.97 | 173.29 | 0.06 | 1405.73 |
| 2017 (4) | 10.15 | -24.48 | 5.01 | -32.21 | 0 | 0 | 0 | 0 | 176.64 | -5.45 | 5.81 | 24.15 | 55.61 | 0.27 | 31.48 | 6.05 | 20.34 | -6.44 | 0.11 | 0 | 4.8 | -55.56 | 0.17 | -43.33 | 28.0 | -6.01 | 7.24 | 6.94 | 0 | 0 | 7.67 | 17.1 | 14.91 | 11.94 | -3.29 | 0 | 4.38 | -33.43 | 0.00 | 4.17 |
| 2016 (3) | 13.44 | -0.15 | 7.39 | -14.67 | 0 | 0 | 0 | 0 | 186.82 | -4.98 | 4.68 | -25.12 | 55.46 | 19.84 | 29.69 | 26.12 | 21.74 | -14.64 | 0 | 0 | 10.8 | -2.44 | 0.3 | -30.23 | 29.79 | 0.0 | 6.77 | 10.08 | 0 | 0 | 6.55 | -22.39 | 13.32 | -8.7 | 0.03 | -99.24 | 6.58 | -46.94 | 0.00 | -12.82 |
| 2015 (2) | 13.46 | 66.38 | 8.66 | -13.23 | 0 | 0 | 0 | 0 | 196.61 | -8.88 | 6.25 | 701.28 | 46.28 | -8.75 | 23.54 | 0.14 | 25.47 | -21.49 | 0 | 0 | 11.07 | -0.27 | 0.43 | -29.51 | 29.79 | -6.59 | 6.15 | 1.32 | 0 | 0 | 8.44 | 161.3 | 14.59 | 56.88 | 3.96 | 6.45 | 12.4 | 78.42 | 0.00 | 0.22 |
| 2014 (1) | 8.09 | -22.44 | 9.98 | -45.35 | 0 | 0 | 0 | 0 | 215.78 | -8.18 | 0.78 | 2500.0 | 50.72 | 8.52 | 23.51 | 18.19 | 32.44 | -2.82 | 0 | 0 | 11.1 | 4.32 | 0.61 | -19.74 | 31.89 | 0.0 | 6.07 | 0.0 | 0 | 0 | 3.23 | 251.09 | 9.3 | 3.56 | 3.72 | 332.56 | 6.95 | 290.45 | 0.00 | -3.53 |
| 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) | 39.27 | -19.73 | -27.57 | 45.8 | -4.4 | -23.24 | 0.48 | -70.37 | -79.04 | 0 | 0 | 0 | 53.51 | 2.94 | -21.81 | 1.89 | 9.88 | -82.4 | 65.63 | -5.54 | -22.12 | 30.22 | 0.95 | -4.88 | 52.16 | -2.65 | -24.31 | 0.53 | -3.64 | -22.06 | 37.38 | 38.55 | -20.04 | 6.73 | -2.04 | -7.04 | 28.0 | 0.0 | 0.0 | 15.17 | 0.0 | 12.29 | 0 | 0 | -100.0 | 23.49 | 9.1 | -17.67 | 38.66 | 5.34 | -9.25 | 5.92 | -23.42 | -47.19 | 29.41 | 0.51 | -25.99 | 0.22 | -1.62 | -2.48 |
| 24Q2 (19) | 48.92 | -6.82 | 2.75 | 47.91 | -4.71 | -18.21 | 1.62 | -23.58 | -16.06 | 0 | 0 | 0 | 51.98 | 1.7 | -24.54 | 1.72 | 19.44 | -24.56 | 69.48 | -1.99 | -13.49 | 29.93 | 5.15 | 1.58 | 53.58 | -5.39 | -29.81 | 0.55 | -19.12 | -26.67 | 26.98 | -1.46 | -41.23 | 6.87 | -2.28 | -22.29 | 28.0 | 0.0 | 0.0 | 15.17 | 12.29 | 12.29 | 0 | -100.0 | -100.0 | 21.53 | 2.97 | 21.02 | 36.7 | 4.92 | 15.19 | 7.73 | -21.6 | -12.46 | 29.26 | -4.91 | 9.92 | 0.22 | -4.94 | -4.97 |
| 24Q1 (18) | 52.5 | -5.01 | 36.12 | 50.28 | -1.85 | -15.54 | 2.12 | 7.61 | 78.15 | 0 | 0 | 0 | 51.11 | -15.65 | -14.83 | 1.44 | -30.1 | 0.7 | 70.89 | -2.48 | 0.41 | 28.47 | 1.01 | 13.39 | 56.63 | -6.69 | -30.34 | 0.68 | 0.0 | -13.92 | 27.38 | -31.46 | -39.06 | 7.03 | -2.09 | -22.75 | 28.0 | 0.0 | 0.0 | 13.51 | 0.0 | 9.39 | 0.56 | 0.0 | -86.76 | 20.91 | -31.82 | 60.85 | 34.98 | -21.81 | 18.26 | 9.86 | 17.8 | 960.22 | 30.77 | -21.18 | 120.89 | 0.23 | 2.92 | -7.82 |
| 23Q4 (17) | 55.27 | 1.94 | 64.1 | 51.23 | -14.14 | -11.46 | 1.97 | -13.97 | 105.21 | 0 | 0 | 0 | 60.59 | -11.47 | -10.82 | 2.06 | -80.82 | -28.72 | 72.69 | -13.74 | -1.29 | 28.18 | -11.28 | 13.03 | 60.69 | -11.93 | -26.77 | 0.68 | 0.0 | -9.33 | 39.95 | -14.55 | -12.93 | 7.18 | -0.83 | -23.29 | 28.0 | 0.0 | 0.0 | 13.51 | 0.0 | 9.39 | 0.56 | 0.0 | -86.76 | 30.67 | 7.5 | 53.5 | 44.74 | 5.02 | 22.41 | 8.37 | -25.33 | 1594.64 | 39.04 | -1.76 | 101.03 | 0.23 | 1.32 | -7.25 |
| 23Q3 (16) | 54.22 | 13.88 | 117.58 | 59.67 | 1.86 | 1.17 | 2.29 | 18.65 | 854.17 | 0 | 0 | 0 | 68.44 | -0.64 | -9.61 | 10.74 | 371.05 | 216.81 | 84.27 | 4.93 | -0.21 | 31.77 | 7.81 | 13.96 | 68.91 | -9.73 | -20.35 | 0.68 | -9.33 | -47.29 | 46.75 | 1.83 | 6.52 | 7.24 | -18.1 | -23.79 | 28.0 | 0.0 | 0.0 | 13.51 | 0.0 | 9.39 | 0.56 | 0.0 | -86.76 | 28.53 | 60.37 | 67.04 | 42.6 | 33.71 | 26.6 | 11.21 | 26.95 | 2142.0 | 39.74 | 49.29 | 126.05 | 0.22 | -4.13 | -2.43 |
| 23Q2 (15) | 47.61 | 23.44 | 80.55 | 58.58 | -1.6 | 15.22 | 1.93 | 62.18 | 1384.62 | 0 | 0 | 0 | 68.88 | 14.78 | -11.17 | 2.28 | 59.44 | -20.28 | 80.31 | 13.75 | -2.76 | 29.47 | 17.37 | 5.91 | 76.34 | -6.09 | -13.71 | 0.75 | -5.06 | -43.18 | 45.91 | 2.18 | 10.63 | 8.84 | -2.86 | -9.33 | 28.0 | 0.0 | 0.0 | 13.51 | 9.39 | 9.39 | 0.56 | -86.76 | -86.76 | 17.79 | 36.85 | 29.85 | 31.86 | 7.71 | 5.25 | 8.83 | 849.46 | 582.51 | 26.62 | 91.1 | 124.26 | 0.23 | -7.79 | -0.8 |
| 23Q1 (14) | 38.57 | 14.52 | 34.06 | 59.53 | 2.89 | 16.27 | 1.19 | 23.96 | 600.0 | 0 | 0 | 0 | 60.01 | -11.67 | -19.07 | 1.43 | -50.52 | -42.34 | 70.6 | -4.13 | -12.18 | 25.11 | 0.69 | -7.97 | 81.29 | -1.92 | -8.61 | 0.79 | 5.33 | -39.69 | 44.93 | -2.07 | 18.24 | 9.1 | -2.78 | -8.54 | 28.0 | 0.0 | 0.0 | 12.35 | 0.0 | 10.56 | 4.23 | 0.0 | 9.3 | 13.0 | -34.93 | 5.09 | 29.58 | -19.07 | 7.96 | 0.93 | 266.07 | 358.33 | 13.93 | -28.27 | 15.99 | 0.25 | 3.55 | 10.28 |
| 22Q4 (13) | 33.68 | 35.15 | 10.61 | 57.86 | -1.9 | 14.8 | 0.96 | 300.0 | 464.71 | 0 | 0 | 0 | 67.94 | -10.27 | -10.05 | 2.89 | -14.75 | -12.69 | 73.64 | -12.8 | -6.33 | 24.93 | -10.56 | -11.05 | 82.88 | -4.21 | -2.94 | 0.75 | -41.86 | -45.26 | 45.88 | 4.53 | 26.6 | 9.36 | -1.47 | -8.06 | 28.0 | 0.0 | 0.0 | 12.35 | 0.0 | 10.56 | 4.23 | 0.0 | 9.3 | 19.98 | 16.98 | 9.3 | 36.55 | 8.62 | 9.69 | -0.56 | -212.0 | 86.76 | 19.42 | 10.47 | 38.22 | 0.24 | 6.59 | 7.67 |
| 22Q3 (12) | 24.92 | -5.5 | -0.76 | 58.98 | 16.01 | 18.77 | 0.24 | 84.62 | 41.18 | 0 | 0 | 0 | 75.72 | -2.35 | 8.76 | 3.39 | 18.53 | 11.51 | 84.45 | 2.25 | 17.06 | 27.88 | 0.19 | 3.93 | 86.52 | -2.2 | 13.32 | 1.29 | -2.27 | 3.2 | 43.89 | 5.76 | 36.77 | 9.5 | -2.56 | -17.1 | 28.0 | 0.0 | 0.0 | 12.35 | 0.0 | 10.56 | 4.23 | 0.0 | 9.3 | 17.08 | 24.67 | 14.09 | 33.65 | 11.17 | 12.13 | 0.5 | 127.32 | 109.65 | 17.58 | 48.1 | 79.57 | 0.23 | -2.53 | 7.27 |
| 22Q2 (11) | 26.37 | -8.34 | -20.45 | 50.84 | -0.7 | 19.65 | 0.13 | -23.53 | -23.53 | 0 | 0 | 0 | 77.54 | 4.57 | 2.87 | 2.86 | 15.32 | -7.74 | 82.59 | 2.74 | 5.84 | 27.82 | 1.99 | -7.14 | 88.47 | -0.54 | 38.82 | 1.32 | 0.76 | -12.0 | 41.5 | 9.21 | 65.14 | 9.75 | -2.01 | -16.95 | 28.0 | 0.0 | 0.0 | 12.35 | 10.56 | 20.61 | 4.23 | 9.3 | -14.02 | 13.7 | 10.75 | 16.0 | 30.27 | 10.47 | 12.24 | -1.83 | -408.33 | 56.12 | 11.87 | -1.17 | 55.37 | 0.23 | 2.5 | 9.31 |
| 22Q1 (10) | 28.77 | -5.52 | 27.3 | 51.2 | 1.59 | 115.67 | 0.17 | 0.0 | 0 | 0 | 0 | 0 | 74.15 | -1.83 | 23.69 | 2.48 | -25.08 | 23.38 | 80.39 | 2.25 | 22.42 | 27.28 | -2.68 | 0.67 | 88.95 | 4.17 | 70.66 | 1.31 | -4.38 | 15.93 | 38.0 | 4.86 | 90.0 | 9.95 | -2.26 | 29.56 | 28.0 | 0.0 | 0.0 | 11.17 | 0.0 | 9.08 | 3.87 | 0.0 | -21.34 | 12.37 | -32.33 | 42.18 | 27.4 | -17.77 | 14.79 | -0.36 | 91.49 | 81.25 | 12.01 | -14.52 | 77.14 | 0.23 | 1.1 | 75.72 |
| 21Q4 (9) | 30.45 | 21.27 | 16.98 | 50.4 | 1.49 | 104.05 | 0.17 | 0.0 | 0 | 0 | 0 | 0 | 75.53 | 8.49 | 18.02 | 3.31 | 8.88 | 21.25 | 78.62 | 8.98 | 14.69 | 28.03 | 4.5 | -8.61 | 85.39 | 11.84 | 96.89 | 1.37 | 9.6 | 18.1 | 36.24 | 12.93 | 126.5 | 10.18 | -11.17 | 31.52 | 28.0 | 0.0 | 0.0 | 11.17 | 0.0 | 9.08 | 3.87 | 0.0 | -21.34 | 18.28 | 22.11 | 36.42 | 33.32 | 11.03 | 16.67 | -4.23 | 18.34 | -9.3 | 14.05 | 43.51 | 47.43 | 0.23 | 6.2 | 72.49 |
| 21Q3 (8) | 25.11 | -24.25 | 12.8 | 49.66 | 16.87 | 72.07 | 0.17 | 0.0 | 0 | 0 | 0 | 0 | 69.62 | -7.64 | 13.93 | 3.04 | -1.94 | 7.8 | 72.14 | -7.55 | 5.13 | 26.82 | -10.47 | -17.53 | 76.35 | 19.8 | 100.39 | 1.25 | -16.67 | 6.84 | 32.09 | 27.7 | 167.42 | 11.46 | -2.39 | 46.73 | 28.0 | 0.0 | 0.0 | 11.17 | 9.08 | 9.08 | 3.87 | -21.34 | -21.34 | 14.97 | 26.76 | 43.8 | 30.01 | 11.27 | 17.36 | -5.18 | -24.22 | 30.66 | 9.79 | 28.14 | 232.99 | 0.21 | -0.68 | 60.19 |
| 21Q2 (7) | 33.15 | 46.68 | 80.65 | 42.49 | 78.98 | 78.08 | 0.17 | 0 | -96.14 | 0 | 0 | 0 | 75.38 | 25.74 | 31.62 | 3.1 | 54.23 | 25.0 | 78.03 | 18.82 | 22.84 | 29.96 | 10.56 | 0 | 63.73 | 22.28 | 85.69 | 1.5 | 32.74 | 30.43 | 25.13 | 25.65 | 348.75 | 11.74 | 52.86 | 65.82 | 28.0 | 0.0 | 0.0 | 10.24 | 0.0 | 0.0 | 4.92 | 0.0 | 0.0 | 11.81 | 35.75 | 55.6 | 26.97 | 12.99 | 18.55 | -4.17 | -117.19 | 46.74 | 7.64 | 12.68 | 3283.33 | 0.21 | 64.78 | 86.66 |
| 21Q1 (6) | 22.6 | -13.18 | 16.49 | 23.74 | -3.89 | 24.75 | 0 | 0 | -100.0 | 0 | 0 | 0 | 59.95 | -6.33 | 45.79 | 2.01 | -26.37 | 99.01 | 65.67 | -4.2 | 32.56 | 27.10 | -11.65 | 0 | 52.12 | 20.18 | 68.78 | 1.13 | -2.59 | -31.1 | 20.0 | 25.0 | 99.0 | 7.68 | -0.78 | 6.96 | 28.0 | 0.0 | 0.0 | 10.24 | 0.0 | 9.64 | 4.92 | 0.0 | 34.06 | 8.7 | -35.07 | 19.67 | 23.87 | -16.42 | 17.76 | -1.92 | 50.39 | 75.6 | 6.78 | -28.86 | 1230.0 | 0.13 | -0.75 | 0.57 |
| 20Q4 (5) | 26.03 | 16.94 | 51.16 | 24.7 | -14.41 | 1.44 | 0 | 0 | -100.0 | 0 | 0 | 0 | 64.0 | 4.73 | 24.34 | 2.73 | -3.19 | 18.18 | 68.55 | -0.1 | 17.7 | 30.67 | -5.7 | 0 | 43.37 | 13.83 | 43.09 | 1.16 | -0.85 | -29.27 | 16.0 | 33.33 | 59.2 | 7.74 | -0.9 | 7.8 | 28.0 | 0.0 | 0.0 | 10.24 | 0.0 | 9.64 | 4.92 | 0.0 | 34.06 | 13.4 | 28.72 | 5.51 | 28.56 | 11.69 | 11.09 | -3.87 | 48.19 | 21.34 | 9.53 | 224.15 | 22.49 | 0.13 | -1.38 | 17.9 |
| 20Q3 (4) | 22.26 | 21.31 | 0.0 | 28.86 | 20.96 | 0.0 | 0 | -100.0 | 0.0 | 0 | 0 | 0.0 | 61.11 | 6.71 | 0.0 | 2.82 | 13.71 | 0.0 | 68.62 | 8.03 | 0.0 | 32.53 | 0 | 0.0 | 38.1 | 11.01 | 0.0 | 1.17 | 1.74 | 0.0 | 12.0 | 114.29 | 0.0 | 7.81 | 10.31 | 0.0 | 28.0 | 0.0 | 0.0 | 10.24 | 0.0 | 0.0 | 4.92 | 0.0 | 0.0 | 10.41 | 37.15 | 0.0 | 25.57 | 12.4 | 0.0 | -7.47 | 4.6 | 0.0 | 2.94 | 1325.0 | 0.0 | 0.13 | 15.73 | 0.0 |
