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) | 29.47 | 59.04 | 3.76 | -75.66 | 4.44 | 5450.0 | 0 | 0 | 112.47 | 6.53 | 10.85 | 8.61 | 36.11 | 52.56 | 32.11 | 43.21 | 18.43 | -23.21 | 0 | 0 | 27.01 | 1.85 | 0.73 | 40.38 | 12.06 | 0.0 | 9.85 | 11.3 | 1.81 | -33.21 | 31.92 | 22.82 | 43.59 | 16.09 | -1.87 | 0 | 30.05 | 25.42 | 0.01 | 50.46 |
| 2022 (9) | 18.53 | 28.95 | 15.45 | 43.59 | 0.08 | 14.29 | 0 | 0 | 105.58 | 12.04 | 9.99 | 48.44 | 23.67 | -0.21 | 22.42 | -10.94 | 24.0 | 0.04 | 0 | 0 | 26.52 | 35.1 | 0.52 | 147.62 | 12.06 | -0.17 | 8.85 | 8.32 | 2.71 | 3.83 | 25.99 | 27.46 | 37.55 | 20.47 | -2.03 | 0 | 23.96 | 38.98 | 0.01 | 26.91 |
| 2021 (8) | 14.37 | 18.17 | 10.76 | 26.74 | 0.07 | 0.0 | 0 | 0 | 94.23 | 24.89 | 6.73 | -31.12 | 23.72 | 35.31 | 25.17 | 8.34 | 23.99 | 67.76 | 0 | 0 | 19.63 | 1751.89 | 0.21 | 50.0 | 12.08 | -0.08 | 8.17 | 13.47 | 2.61 | 16.0 | 20.39 | 3.03 | 31.17 | 6.64 | -3.15 | 0 | 17.24 | 5.77 | 0.00 | -9.94 |
| 2020 (7) | 12.16 | 22.95 | 8.49 | 1315.0 | 0.07 | 0.0 | 0 | 0 | 75.45 | 10.39 | 9.77 | 7.13 | 17.53 | 7.09 | 23.23 | -2.99 | 14.3 | 46.67 | 0 | 0 | 1.06 | -10.92 | 0.14 | 40.0 | 12.09 | 1.0 | 7.2 | 14.47 | 2.25 | 5.63 | 19.79 | 19.43 | 29.23 | 16.97 | -3.49 | 0 | 16.3 | 13.83 | 0.01 | 0 |
| 2019 (6) | 9.89 | -21.63 | 0.6 | -78.26 | 0.07 | 0.0 | 0 | 0 | 68.35 | 4.82 | 9.12 | 42.06 | 16.37 | -0.79 | 23.95 | -5.35 | 9.75 | 71.65 | 0 | 0 | 1.19 | -7.75 | 0.1 | -16.67 | 11.97 | 0.0 | 6.29 | 11.52 | 2.13 | 21.71 | 16.57 | 24.87 | 24.99 | 20.9 | -2.25 | 0 | 14.32 | 21.46 | 0.00 | 0 |
| 2018 (5) | 12.62 | 11.98 | 2.76 | -7.07 | 0.07 | 0.0 | 0 | 0 | 65.21 | 18.26 | 6.42 | 41.1 | 16.5 | 12.02 | 25.30 | -5.28 | 5.68 | -7.94 | 0 | 0 | 1.29 | -2.27 | 0.12 | 50.0 | 11.97 | 0.0 | 5.64 | 8.67 | 1.75 | 22.38 | 13.27 | 18.27 | 20.67 | 15.93 | -1.48 | 0 | 11.79 | 16.5 | 0.00 | 0 |
| 2017 (4) | 11.27 | -13.17 | 2.97 | 212.63 | 0.07 | 0.0 | 0 | 0 | 55.14 | 5.83 | 4.55 | -24.17 | 14.73 | 28.98 | 26.71 | 21.87 | 6.17 | -4.78 | 0 | 0 | 1.32 | -12.0 | 0.08 | -20.0 | 11.97 | 0.0 | 5.19 | 13.07 | 1.43 | 116.67 | 11.22 | -3.61 | 17.83 | 5.63 | -1.1 | 0 | 10.12 | -6.9 | 0.00 | 0 |
| 2016 (3) | 12.98 | -9.48 | 0.95 | -27.48 | 0.07 | 0.0 | 0 | 0 | 52.1 | 17.37 | 6.0 | 18.81 | 11.42 | 12.18 | 21.92 | -4.42 | 6.48 | 24.62 | 0 | 0 | 1.5 | -6.25 | 0.1 | -9.09 | 11.97 | -0.33 | 4.59 | 12.5 | 0.66 | 0.0 | 11.64 | 24.63 | 16.88 | 19.89 | -0.77 | 0 | 10.87 | 9.91 | 0.00 | 0 |
| 2015 (2) | 14.34 | -10.26 | 1.31 | -40.99 | 0.07 | 16.67 | 0 | 0 | 44.39 | -0.76 | 5.05 | -6.65 | 10.18 | 35.91 | 22.93 | 36.96 | 5.2 | -13.19 | 0 | 0 | 1.6 | -0.62 | 0.11 | -15.38 | 12.01 | 0.0 | 4.08 | 15.25 | 0.66 | 0.0 | 9.34 | 10.53 | 14.08 | 11.3 | 0.55 | -38.2 | 9.89 | 5.89 | 0.00 | 0 |
| 2014 (1) | 15.98 | 13.17 | 2.22 | 11.0 | 0.06 | 0.0 | 0 | 0 | 44.73 | 20.11 | 5.41 | 58.19 | 7.49 | 33.99 | 16.74 | 11.55 | 5.99 | 58.89 | 0 | 0 | 1.61 | 2.55 | 0.13 | 44.44 | 12.01 | 0.0 | 3.54 | 10.62 | 0.66 | 0.0 | 8.45 | 32.65 | 12.65 | 23.66 | 0.89 | 128.21 | 9.34 | 38.17 | 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) | 35.06 | 12.44 | 64.99 | 4.95 | 54.69 | -5.71 | 3.54 | 0.0 | -18.99 | 0 | 0 | 0 | 42.72 | 18.44 | 81.25 | 6.44 | 42.16 | 157.6 | 36.76 | -2.93 | 70.26 | 23.90 | -15.02 | 1.57 | 17.61 | -3.98 | -21.45 | 0 | 0 | 0 | 27.54 | -3.13 | 0.18 | 0.67 | -2.9 | -1.47 | 12.1 | 0.33 | 0.33 | 10.94 | 0.0 | 11.07 | 1.77 | 0.0 | -2.21 | 39.47 | 19.46 | 49.85 | 52.18 | 14.08 | 37.32 | -1.6 | -595.65 | -102.53 | 37.87 | 15.42 | 48.22 | 0.01 | 17.14 | 22.13 |
| 24Q2 (19) | 31.18 | -10.48 | 72.93 | 3.2 | -7.78 | -48.88 | 3.54 | 6.63 | 20.82 | 0 | 0 | 0 | 36.07 | 30.08 | 43.48 | 4.53 | 24.11 | 81.93 | 37.87 | 36.22 | 65.66 | 28.12 | 25.17 | 21.15 | 18.34 | 10.82 | -13.12 | 0 | 0 | 0 | 28.43 | 9.05 | 11.58 | 0.69 | -2.82 | 32.69 | 12.06 | 0.0 | 0.0 | 10.94 | 11.07 | 11.07 | 1.77 | -2.21 | -2.21 | 33.04 | -7.11 | 38.65 | 45.74 | -3.18 | 28.85 | -0.23 | 73.86 | 88.08 | 32.81 | -5.42 | 49.82 | 0.01 | 7.88 | -4.91 |
| 24Q1 (18) | 34.83 | 18.19 | 94.47 | 3.47 | -7.71 | -70.47 | 3.32 | -25.23 | 68.53 | 0 | 0 | 0 | 27.73 | -41.36 | 68.37 | 3.65 | -34.59 | 1203.57 | 27.8 | -23.01 | 73.1 | 22.47 | -30.02 | 41.52 | 16.55 | -10.2 | -27.44 | 0 | 0 | 0 | 26.07 | -3.48 | 3.62 | 0.71 | -2.74 | 36.54 | 12.06 | 0.0 | 0.0 | 9.85 | 0.0 | 11.3 | 1.81 | 0.0 | -33.21 | 35.57 | 11.43 | 35.4 | 47.24 | 8.37 | 24.87 | -0.88 | 52.94 | 52.17 | 34.69 | 15.44 | 42.0 | 0.01 | 9.23 | 50.9 |
| 23Q4 (17) | 29.47 | 38.68 | 59.04 | 3.76 | -28.38 | -75.66 | 4.44 | 1.6 | 5450.0 | 0 | 0 | 0 | 47.29 | 100.64 | 77.98 | 5.58 | 123.2 | 255.41 | 36.11 | 67.25 | 52.56 | 32.11 | 36.44 | 43.21 | 18.43 | -17.8 | -23.21 | 0 | 0 | 0 | 27.01 | -1.75 | 1.85 | 0.73 | 7.35 | 40.38 | 12.06 | 0.0 | 0.0 | 9.85 | 0.0 | 11.3 | 1.81 | 0.0 | -33.21 | 31.92 | 21.18 | 22.82 | 43.59 | 14.71 | 16.09 | -1.87 | -136.71 | 7.88 | 30.05 | 17.61 | 25.42 | 0.01 | -11.52 | 50.46 |
| 23Q3 (16) | 21.25 | 17.86 | 65.76 | 5.25 | -16.13 | -68.22 | 4.37 | 49.15 | 5362.5 | 0 | 0 | 0 | 23.57 | -6.25 | -22.21 | 2.5 | 0.4 | -43.05 | 21.59 | -5.56 | -29.56 | 23.53 | 1.37 | -19.23 | 22.42 | 6.21 | -25.91 | 0 | 0 | 0 | 27.49 | 7.89 | 6.84 | 0.68 | 30.77 | 74.36 | 12.06 | 0.0 | 0.0 | 9.85 | 0.0 | 11.3 | 1.81 | 0.0 | -33.21 | 26.34 | 10.53 | 7.91 | 38.0 | 7.04 | 5.64 | -0.79 | 59.07 | 46.98 | 25.55 | 16.67 | 11.47 | 0.01 | -8.8 | 99.56 |
| 23Q2 (15) | 18.03 | 0.67 | 124.25 | 6.26 | -46.72 | -57.47 | 2.93 | 48.73 | 3562.5 | 0 | 0 | 0 | 25.14 | 52.64 | -9.63 | 2.49 | 789.29 | -10.11 | 22.86 | 42.34 | -20.95 | 23.21 | 46.21 | -18.63 | 21.11 | -7.45 | -21.93 | 0 | 0 | 0 | 25.48 | 1.27 | 7.01 | 0.52 | 0.0 | 26.83 | 12.06 | 0.0 | -0.17 | 9.85 | 11.3 | 11.3 | 1.81 | -33.21 | -33.21 | 23.83 | -9.29 | 19.03 | 35.5 | -6.16 | 12.45 | -1.93 | -4.89 | 13.06 | 21.9 | -10.36 | 23.03 | 0.01 | 71.19 | 132.59 |
| 23Q1 (14) | 17.91 | -3.35 | 119.49 | 11.75 | -23.95 | -4.94 | 1.97 | 2362.5 | 2714.29 | 0 | 0 | 0 | 16.47 | -38.01 | -21.16 | 0.28 | -82.17 | -77.78 | 16.06 | -32.15 | -30.14 | 15.88 | -29.19 | -33.06 | 22.81 | -4.96 | -21.8 | 0 | 0 | 0 | 25.16 | -5.13 | 10.69 | 0.52 | 0.0 | 160.0 | 12.06 | 0.0 | -0.17 | 8.85 | 0.0 | 8.32 | 2.71 | 0.0 | 3.83 | 26.27 | 1.08 | 21.34 | 37.83 | 0.75 | 16.65 | -1.84 | 9.36 | 11.96 | 24.43 | 1.96 | 24.9 | 0.01 | 8.92 | 45.91 |
| 22Q4 (13) | 18.53 | 44.54 | 28.95 | 15.45 | -6.48 | 43.59 | 0.08 | 0.0 | 14.29 | 0 | 0 | 0 | 26.57 | -12.31 | 1.41 | 1.57 | -64.24 | 1.95 | 23.67 | -22.77 | -0.21 | 22.42 | -23.04 | -10.94 | 24.0 | -20.69 | 0.04 | 0 | 0 | 0 | 26.52 | 3.07 | 35.1 | 0.52 | 33.33 | 147.62 | 12.06 | 0.0 | -0.17 | 8.85 | 0.0 | 8.32 | 2.71 | 0.0 | 3.83 | 25.99 | 6.47 | 27.46 | 37.55 | 4.39 | 20.47 | -2.03 | -36.24 | 35.56 | 23.96 | 4.54 | 38.98 | 0.01 | 17.35 | 26.91 |
| 22Q3 (12) | 12.82 | 59.45 | 16.12 | 16.52 | 12.23 | 48.96 | 0.08 | 0.0 | 14.29 | 0 | 0 | 0 | 30.3 | 8.91 | 14.51 | 4.39 | 58.48 | 104.19 | 30.65 | 5.98 | 29.11 | 29.13 | 2.11 | 6.74 | 30.26 | 11.91 | 48.33 | 0 | 0 | 0 | 25.73 | 8.06 | 51.44 | 0.39 | -4.88 | 69.57 | 12.06 | -0.17 | -0.25 | 8.85 | 0.0 | 8.32 | 2.71 | 0.0 | 3.83 | 24.41 | 21.93 | 29.84 | 35.97 | 13.94 | 21.6 | -1.49 | 32.88 | 57.31 | 22.92 | 28.76 | 49.71 | 0.01 | 6.3 | 3.15 |
| 22Q2 (11) | 8.04 | -1.47 | -23.79 | 14.72 | 19.09 | 12.2 | 0.08 | 14.29 | 14.29 | 0 | 0 | 0 | 27.82 | 33.17 | 18.99 | 2.77 | 119.84 | 55.62 | 28.92 | 25.79 | 33.46 | 28.53 | 20.28 | 7.51 | 27.04 | -7.3 | 50.39 | 0 | 0 | 0 | 23.81 | 4.75 | 129.83 | 0.41 | 105.0 | 64.0 | 12.08 | 0.0 | -0.08 | 8.85 | 8.32 | 8.32 | 2.71 | 3.83 | 3.83 | 20.02 | -7.53 | 20.24 | 31.57 | -2.65 | 15.09 | -2.22 | -6.22 | 39.01 | 17.8 | -9.0 | 36.82 | 0.00 | 7.39 | -8.57 |
| 22Q1 (10) | 8.16 | -43.22 | -28.61 | 12.36 | 14.87 | 31.77 | 0.07 | 0.0 | 0.0 | 0 | 0 | 0 | 20.89 | -20.27 | 14.84 | 1.26 | -18.18 | 0.0 | 22.99 | -3.08 | 28.8 | 23.72 | -5.78 | 6.66 | 29.17 | 21.59 | 86.03 | 0 | 0 | 0 | 22.73 | 15.79 | 222.41 | 0.2 | -4.76 | -20.0 | 12.08 | 0.0 | -0.08 | 8.17 | 0.0 | 13.47 | 2.61 | 0.0 | 16.0 | 21.65 | 6.18 | 2.9 | 32.43 | 4.04 | 6.36 | -2.09 | 33.65 | 41.29 | 19.56 | 13.46 | 11.9 | 0.00 | -5.26 | -12.13 |
| 21Q4 (9) | 14.37 | 30.16 | 18.17 | 10.76 | -2.98 | 26.74 | 0.07 | 0.0 | 0.0 | 0 | 0 | 0 | 26.2 | -0.98 | 38.26 | 1.54 | -28.37 | -55.62 | 23.72 | -0.08 | 35.31 | 25.17 | -7.77 | 8.34 | 23.99 | 17.6 | 67.76 | 0 | 0 | 0 | 19.63 | 15.54 | 1751.89 | 0.21 | -8.7 | 50.0 | 12.08 | -0.08 | -0.08 | 8.17 | 0.0 | 13.47 | 2.61 | 0.0 | 16.0 | 20.39 | 8.46 | 3.03 | 31.17 | 5.38 | 6.64 | -3.15 | 9.74 | 9.74 | 17.24 | 12.61 | 5.77 | 0.00 | -4.62 | -9.94 |
| 21Q3 (8) | 11.04 | 4.64 | -24.07 | 11.09 | -15.47 | 24.33 | 0.07 | 0.0 | 0.0 | 0 | 0 | 0 | 26.46 | 13.17 | 25.17 | 2.15 | 20.79 | -8.12 | 23.74 | 9.55 | 32.48 | 27.29 | 2.85 | 17.55 | 20.4 | 13.46 | 64.25 | 0 | 0 | 0 | 16.99 | 64.0 | 1444.55 | 0.23 | -8.0 | 76.92 | 12.09 | 0.0 | 0.0 | 8.17 | 0.0 | 13.47 | 2.61 | 0.0 | 16.0 | 18.8 | 12.91 | 15.13 | 29.58 | 7.84 | 14.74 | -3.49 | 4.12 | 14.88 | 15.31 | 17.68 | 25.18 | 0.01 | -5.77 | 36.55 |
| 21Q2 (7) | 10.55 | -7.7 | -39.16 | 13.12 | 39.87 | 645.45 | 0.07 | 0.0 | 0 | 0 | 0 | 0 | 23.38 | 28.53 | 6.32 | 1.78 | 41.27 | -31.8 | 21.67 | 21.4 | 15.94 | 26.54 | 19.33 | 0 | 17.98 | 14.67 | 70.27 | 0 | 0 | 0 | 10.36 | 46.95 | 808.77 | 0.25 | 0.0 | 108.33 | 12.09 | 0.0 | 1.0 | 8.17 | 13.47 | 13.47 | 2.61 | 16.0 | 16.0 | 16.65 | -20.87 | 18.93 | 27.43 | -10.04 | 17.02 | -3.64 | -2.25 | -6.74 | 13.01 | -25.57 | 22.85 | 0.01 | 3.2 | 24.13 |
| 21Q1 (6) | 11.43 | -6.0 | -33.24 | 9.38 | 10.48 | 1463.33 | 0.07 | 0.0 | 0.0 | 0 | 0 | 0 | 18.19 | -4.01 | 36.05 | 1.26 | -63.69 | -6.67 | 17.85 | 1.83 | 47.03 | 22.24 | -4.29 | 0 | 15.68 | 9.65 | 55.4 | 0 | 0 | 0 | 7.05 | 565.09 | 497.46 | 0.25 | 78.57 | 92.31 | 12.09 | 0.0 | 1.0 | 7.2 | 0.0 | 14.47 | 2.25 | 0.0 | 5.63 | 21.04 | 6.32 | 17.41 | 30.49 | 4.31 | 15.76 | -3.56 | -2.01 | -24.04 | 17.48 | 7.24 | 16.15 | 0.01 | -2.9 | 24.13 |
| 20Q4 (5) | 12.16 | -16.37 | 22.95 | 8.49 | -4.82 | 1315.0 | 0.07 | 0.0 | 0.0 | 0 | 0 | 0 | 18.95 | -10.36 | -8.37 | 3.47 | 48.29 | 17.63 | 17.53 | -2.18 | 7.09 | 23.23 | 0.07 | 0 | 14.3 | 15.14 | 46.67 | 0 | 0 | 0 | 1.06 | -3.64 | -10.92 | 0.14 | 7.69 | 40.0 | 12.09 | 0.0 | 1.0 | 7.2 | 0.0 | 14.47 | 2.25 | 0.0 | 5.63 | 19.79 | 21.19 | 19.43 | 29.23 | 13.38 | 16.97 | -3.49 | 14.88 | -55.11 | 16.3 | 33.28 | 13.83 | 0.01 | 44.61 | 0 |
| 20Q3 (4) | 14.54 | -16.15 | 0.0 | 8.92 | 406.82 | 0.0 | 0.07 | 0 | 0.0 | 0 | 0 | 0.0 | 21.14 | -3.87 | 0.0 | 2.34 | -10.34 | 0.0 | 17.92 | -4.12 | 0.0 | 23.22 | 0 | 0.0 | 12.42 | 17.61 | 0.0 | 0 | 0 | 0.0 | 1.1 | -3.51 | 0.0 | 0.13 | 8.33 | 0.0 | 12.09 | 1.0 | 0.0 | 7.2 | 0.0 | 0.0 | 2.25 | 0.0 | 0.0 | 16.33 | 16.64 | 0.0 | 25.78 | 9.98 | 0.0 | -4.1 | -20.23 | 0.0 | 12.23 | 15.49 | 0.0 | 0.00 | -14.34 | 0.0 |
