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) | 16.65 | -30.88 | 46.12 | -25.31 | 0.86 | -71.99 | 0 | 0 | 122.38 | 6.64 | 4.74 | -19.52 | 29.22 | 13.79 | 23.88 | 6.7 | 42.17 | -10.47 | 2.71 | 13.39 | 34.8 | 100.58 | 7.66 | 3.1 | 16.14 | 10.7 | 5.02 | 13.57 | 5.35 | -18.82 | 7.55 | 18.15 | 17.93 | 3.05 | -5.9 | 0 | 1.65 | 58.65 | 0.15 | 172.02 |
| 2022 (9) | 24.09 | 158.75 | 61.75 | 64.62 | 3.07 | 49.76 | 0 | 0 | 114.76 | 12.59 | 5.89 | 56.65 | 25.68 | 7.76 | 22.38 | -4.28 | 47.1 | 18.34 | 2.39 | 33.52 | 17.35 | -23.3 | 7.43 | 3.19 | 14.58 | 12.76 | 4.42 | 7.8 | 6.59 | 37.29 | 6.39 | 55.1 | 17.4 | 33.54 | -5.35 | 0 | 1.04 | 0 | 0.05 | -18.25 |
| 2021 (8) | 9.31 | -19.81 | 37.51 | 53.92 | 2.05 | -40.75 | 0 | 0 | 101.93 | 15.51 | 3.76 | 28.33 | 23.83 | 7.93 | 23.38 | -6.57 | 39.8 | 34.87 | 1.79 | 19.33 | 22.62 | -18.34 | 7.2 | -10.0 | 12.93 | 2.29 | 4.1 | 7.61 | 4.8 | -16.08 | 4.12 | 39.66 | 13.03 | 4.49 | -6.59 | 0 | -2.47 | 0 | 0.07 | -12.61 |
| 2020 (7) | 11.61 | 68.75 | 24.37 | -8.66 | 3.46 | -36.51 | 0 | 0 | 88.24 | -11.09 | 2.93 | 16.73 | 22.08 | 13.58 | 25.02 | 27.75 | 29.51 | -0.17 | 1.5 | -27.54 | 27.7 | 8.37 | 8.0 | 3.76 | 12.64 | 8.59 | 3.81 | 7.32 | 5.72 | 70.24 | 2.95 | 13.03 | 12.47 | 30.99 | -4.8 | 0 | -1.85 | 0 | 0.08 | -26.17 |
| 2019 (6) | 6.88 | 51.88 | 26.68 | -0.56 | 5.45 | 116.27 | 0 | 0 | 99.25 | -8.44 | 2.51 | -59.97 | 19.44 | -0.31 | 19.59 | 8.88 | 29.56 | -13.74 | 2.07 | -23.05 | 25.56 | -2.63 | 7.71 | -10.45 | 11.64 | 0.17 | 3.55 | 8.56 | 3.36 | 22.18 | 2.61 | -7.77 | 9.52 | 7.45 | -5.79 | 0 | -3.18 | 0 | 0.10 | 67.37 |
| 2018 (5) | 4.53 | -3.41 | 26.83 | 8.4 | 2.52 | -68.22 | 0 | 0 | 108.4 | 4.78 | 6.27 | -9.0 | 19.5 | -9.55 | 17.99 | -13.68 | 34.27 | -2.78 | 2.69 | 35.86 | 26.25 | 175.45 | 8.61 | -0.46 | 11.62 | 5.06 | 3.27 | 26.74 | 2.75 | -4.51 | 2.83 | -63.67 | 8.86 | -33.13 | -3.36 | 0 | -0.53 | 0 | 0.06 | -79.3 |
| 2017 (4) | 4.69 | -11.17 | 24.75 | 62.61 | 7.93 | 386.5 | 0 | 0 | 103.45 | 3.28 | 6.89 | 37.25 | 21.56 | 17.94 | 20.84 | 14.19 | 35.25 | 32.07 | 1.98 | 12.5 | 9.53 | -68.82 | 8.65 | -0.57 | 11.06 | 21.54 | 2.58 | 24.04 | 2.88 | 405.26 | 7.79 | 39.11 | 13.25 | 60.41 | -2.75 | 0 | 5.04 | 85.29 | 0.29 | -19.93 |
| 2016 (3) | 5.28 | -27.07 | 15.22 | 11.99 | 1.63 | -66.46 | 0 | 0 | 100.16 | 3.29 | 5.02 | 1.62 | 18.28 | 5.18 | 18.25 | 1.83 | 26.69 | 5.74 | 1.76 | 162.69 | 30.56 | 7.19 | 8.7 | -1.47 | 9.1 | -0.55 | 2.08 | 30.82 | 0.57 | 0.0 | 5.6 | 10.45 | 8.26 | 14.25 | -2.88 | 0 | 2.72 | -46.67 | 0.37 | 4.72 |
| 2015 (2) | 7.24 | -26.27 | 13.59 | -34.22 | 4.86 | 249.64 | 0 | 0 | 96.97 | 41.79 | 4.94 | 49.24 | 17.38 | 0.52 | 17.92 | -29.11 | 25.24 | -3.85 | 0.67 | -16.25 | 28.51 | 20.24 | 8.83 | 1.61 | 9.15 | 0.0 | 1.59 | 24.22 | 0.57 | 0.0 | 5.07 | 52.71 | 7.23 | 39.58 | 0.03 | -98.63 | 5.1 | -7.44 | 0.35 | -8.09 |
| 2014 (1) | 9.82 | 1.76 | 20.66 | 1397.1 | 1.39 | 73.75 | 0 | 0 | 68.39 | 73.71 | 3.31 | 45.81 | 17.29 | 92.75 | 25.28 | 10.96 | 26.25 | 338.96 | 0.8 | -81.31 | 23.71 | 157.44 | 8.69 | 86800.0 | 9.15 | 12.27 | 1.28 | 20.75 | 0.57 | 0.0 | 3.32 | 37.19 | 5.18 | 27.9 | 2.19 | 95.54 | 5.51 | 55.65 | 0.38 | 644.22 |
| 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) | 19.96 | -12.38 | -19.06 | 40.93 | -11.9 | -24.91 | 1.03 | -24.26 | -3.74 | 0 | 0 | 0 | 33.0 | 2.8 | 5.7 | 1.57 | -17.8 | 22.66 | 31.71 | 0.19 | 6.84 | 24.16 | -1.17 | -4.07 | 45.37 | 0.0 | 6.03 | 3.17 | 4.62 | 16.12 | 56.12 | 16.87 | 57.64 | 7.89 | 1.41 | 2.87 | 17.93 | 0.22 | 11.64 | 5.5 | 0.0 | 9.56 | 5.9 | 0.0 | 10.28 | 8.06 | 24.38 | 48.71 | 19.46 | 8.78 | 23.24 | -2.62 | 35.31 | 41.39 | 5.44 | 123.87 | 472.63 | 0.17 | -0.56 | 13.12 |
| 24Q2 (19) | 22.78 | -15.79 | 52.07 | 46.46 | -3.61 | -6.08 | 1.36 | -37.61 | 52.81 | 0 | 0 | 0 | 32.1 | 0.69 | 6.96 | 1.91 | -5.91 | 96.91 | 31.65 | -2.53 | 17.31 | 24.45 | -4.1 | 6.37 | 45.37 | 3.09 | 2.18 | 3.03 | 0.33 | 20.24 | 48.02 | 8.47 | 44.25 | 7.78 | 0.65 | 1.43 | 17.89 | 10.5 | 11.67 | 5.5 | 9.56 | 9.56 | 5.9 | 10.28 | 10.28 | 6.48 | -8.99 | 56.52 | 17.89 | 2.29 | 23.29 | -4.05 | 10.2 | 31.24 | 2.43 | -6.9 | 238.86 | 0.17 | -4.97 | 49.71 |
| 24Q1 (18) | 27.05 | 62.46 | -6.14 | 48.2 | 4.51 | -21.43 | 2.18 | 153.49 | 172.5 | 0 | 0 | 0 | 31.88 | -6.92 | 18.51 | 2.03 | -2.4 | 395.12 | 32.47 | 11.12 | 22.71 | 25.49 | 6.78 | 8.67 | 44.01 | 4.36 | -4.8 | 3.02 | 11.44 | 20.8 | 44.27 | 27.21 | 107.16 | 7.73 | 0.91 | 3.2 | 16.19 | 0.31 | 10.74 | 5.02 | 0.0 | 13.57 | 5.35 | 0.0 | -18.82 | 7.12 | -5.7 | 83.03 | 17.49 | -2.45 | 17.38 | -4.51 | 23.56 | 8.15 | 2.61 | 58.18 | 355.88 | 0.18 | 20.33 | 58.98 |
| 23Q4 (17) | 16.65 | -32.48 | -30.88 | 46.12 | -15.39 | -25.31 | 0.86 | -19.63 | -71.99 | 0 | 0 | 0 | 34.25 | 9.71 | 15.32 | 2.08 | 62.5 | 54.07 | 29.22 | -1.55 | 13.79 | 23.88 | -5.21 | 6.7 | 42.17 | -1.45 | -10.47 | 2.71 | -0.73 | 13.39 | 34.8 | -2.25 | 100.58 | 7.66 | -0.13 | 3.1 | 16.14 | 0.5 | 10.7 | 5.02 | 0.0 | 13.57 | 5.35 | 0.0 | -18.82 | 7.55 | 39.3 | 18.15 | 17.93 | 13.55 | 3.05 | -5.9 | -31.99 | -10.28 | 1.65 | 73.68 | 58.65 | 0.15 | -0.51 | 172.02 |
| 23Q3 (16) | 24.66 | 64.62 | 105.67 | 54.51 | 10.19 | -1.85 | 1.07 | 20.22 | -79.92 | 0 | 0 | 0 | 31.22 | 4.03 | 1.46 | 1.28 | 31.96 | -38.46 | 29.68 | 10.01 | 6.49 | 25.19 | 9.59 | 1.41 | 42.79 | -3.63 | -12.66 | 2.73 | 8.33 | 18.18 | 35.6 | 6.94 | 117.21 | 7.67 | 0.0 | 7.27 | 16.06 | 0.25 | 10.53 | 5.02 | 0.0 | 13.57 | 5.35 | 0.0 | -18.82 | 5.42 | 30.92 | 9.72 | 15.79 | 8.82 | -1.0 | -4.47 | 24.11 | 18.13 | 0.95 | 154.29 | 282.69 | 0.15 | 31.6 | 162.28 |
| 23Q2 (15) | 14.98 | -48.02 | 53.01 | 49.47 | -19.36 | 3.08 | 0.89 | 11.25 | -87.97 | 0 | 0 | 0 | 30.01 | 11.56 | 18.1 | 0.97 | 136.59 | 1.04 | 26.98 | 1.97 | 6.47 | 22.99 | -2.03 | -3.14 | 44.4 | -3.96 | -6.66 | 2.52 | 0.8 | 24.75 | 33.29 | 55.78 | 101.03 | 7.67 | 2.4 | 7.57 | 16.02 | 9.58 | 13.46 | 5.02 | 13.57 | 13.57 | 5.35 | -18.82 | -18.82 | 4.14 | 6.43 | 44.76 | 14.51 | -2.62 | 4.61 | -5.89 | -19.96 | -1.38 | -1.75 | -71.57 | 40.68 | 0.11 | 0.92 | 81.08 |
| 23Q1 (14) | 28.82 | 19.63 | 152.81 | 61.35 | -0.65 | 40.07 | 0.8 | -73.94 | -87.97 | 0 | 0 | 0 | 26.9 | -9.43 | -6.86 | 0.41 | -69.63 | -72.85 | 26.46 | 3.04 | 3.24 | 23.46 | 4.85 | -3.08 | 46.23 | -1.85 | 5.67 | 2.5 | 4.6 | 26.26 | 21.37 | 23.17 | 40.5 | 7.49 | 0.81 | 2.32 | 14.62 | 0.27 | 13.07 | 4.42 | 0.0 | 7.8 | 6.59 | 0.0 | 37.29 | 3.89 | -39.12 | -2.99 | 14.9 | -14.37 | 15.33 | -4.91 | 8.22 | -8.39 | -1.02 | -198.08 | -96.15 | 0.11 | 105.89 | 73.1 |
| 22Q4 (13) | 24.09 | 100.92 | 158.75 | 61.75 | 11.18 | 64.62 | 3.07 | -42.4 | 49.76 | 0 | 0 | 0 | 29.7 | -3.48 | 9.43 | 1.35 | -35.1 | -8.16 | 25.68 | -7.86 | 7.76 | 22.38 | -9.91 | -4.28 | 47.1 | -3.86 | 18.34 | 2.39 | 3.46 | 33.52 | 17.35 | 5.86 | -23.3 | 7.43 | 3.92 | 3.19 | 14.58 | 0.34 | 12.76 | 4.42 | 0.0 | 7.8 | 6.59 | 0.0 | 37.29 | 6.39 | 29.35 | 55.1 | 17.4 | 9.09 | 33.54 | -5.35 | 2.01 | 18.82 | 1.04 | 300.0 | 142.11 | 0.05 | -4.08 | -18.25 |
| 22Q3 (12) | 11.99 | 22.47 | 4.35 | 55.54 | 15.73 | 36.87 | 5.33 | -27.97 | 157.49 | 0 | 0 | 0 | 30.77 | 21.09 | 21.38 | 2.08 | 116.67 | 192.96 | 27.87 | 9.98 | 26.74 | 24.84 | 4.67 | 15.14 | 48.99 | 2.99 | 24.75 | 2.31 | 14.36 | 35.09 | 16.39 | -1.03 | -24.54 | 7.15 | 0.28 | -3.64 | 14.53 | 2.9 | 12.37 | 4.42 | 0.0 | 7.8 | 6.59 | 0.0 | 37.29 | 4.94 | 72.73 | 84.33 | 15.95 | 15.0 | 37.74 | -5.46 | 6.02 | 16.39 | -0.52 | 82.37 | 86.49 | 0.06 | -9.15 | -19.86 |
| 22Q2 (11) | 9.79 | -14.12 | -10.43 | 47.99 | 9.57 | 32.72 | 7.4 | 11.28 | 254.07 | 0 | 0 | 0 | 25.41 | -12.02 | 3.67 | 0.96 | -36.42 | 68.42 | 25.34 | -1.13 | 23.19 | 23.73 | -1.96 | 16.2 | 47.57 | 8.73 | 31.05 | 2.02 | 2.02 | 27.85 | 16.56 | 8.88 | -13.79 | 7.13 | -2.6 | -6.06 | 14.12 | 9.2 | 9.46 | 4.42 | 7.8 | 16.01 | 6.59 | 37.29 | 15.21 | 2.86 | -28.68 | 111.85 | 13.87 | 7.35 | 27.6 | -5.81 | -28.26 | 3.01 | -2.95 | -467.31 | 36.42 | 0.06 | -3.53 | -14.85 |
| 22Q1 (10) | 11.4 | 22.45 | -10.38 | 43.8 | 16.77 | 29.17 | 6.65 | 224.39 | 126.96 | 0 | 0 | 0 | 28.88 | 6.41 | 15.84 | 1.51 | 2.72 | 49.5 | 25.63 | 7.55 | 24.66 | 24.21 | 3.54 | 9.64 | 43.75 | 9.92 | 37.84 | 1.98 | 10.61 | 19.28 | 15.21 | -32.76 | -22.71 | 7.32 | 1.67 | -4.69 | 12.93 | 0.0 | 1.41 | 4.1 | 0.0 | 7.61 | 4.8 | 0.0 | -16.08 | 4.01 | -2.67 | 414.1 | 12.92 | -0.84 | 25.44 | -4.53 | 31.26 | 16.73 | -0.52 | 78.95 | 88.84 | 0.06 | -2.77 | -15.53 |
| 21Q4 (9) | 9.31 | -18.97 | -19.81 | 37.51 | -7.57 | 53.92 | 2.05 | -0.97 | -40.75 | 0 | 0 | 0 | 27.14 | 7.06 | 0.0 | 1.47 | 107.04 | -23.04 | 23.83 | 8.37 | 7.93 | 23.38 | 8.37 | -6.56 | 39.8 | 1.35 | 34.87 | 1.79 | 4.68 | 19.33 | 22.62 | 4.14 | -18.34 | 7.2 | -2.96 | -10.0 | 12.93 | 0.0 | 2.29 | 4.1 | 0.0 | 7.61 | 4.8 | 0.0 | -16.08 | 4.12 | 53.73 | 39.66 | 13.03 | 12.52 | 4.49 | -6.59 | -0.92 | -37.29 | -2.47 | 35.84 | -33.51 | 0.07 | -5.97 | -12.61 |
| 21Q3 (8) | 11.49 | 5.12 | 0.61 | 40.58 | 12.22 | 18.97 | 2.07 | -0.96 | -38.58 | 0 | 0 | 0 | 25.35 | 3.43 | 5.01 | 0.71 | 24.56 | -50.35 | 21.99 | 6.9 | 9.95 | 21.57 | 5.63 | -7.1 | 39.27 | 8.18 | 39.01 | 1.71 | 8.23 | 14.0 | 21.72 | 13.07 | 7.74 | 7.42 | -2.24 | -5.36 | 12.93 | 0.23 | 2.29 | 4.1 | 7.61 | 7.61 | 4.8 | -16.08 | -16.08 | 2.68 | 98.52 | 162.75 | 11.58 | 6.53 | 9.87 | -6.53 | -9.02 | -6.7 | -3.85 | 17.03 | 24.51 | 0.07 | -3.46 | -22.66 |
| 21Q2 (7) | 10.93 | -14.07 | 11.08 | 36.16 | 6.64 | 13.28 | 2.09 | -28.67 | -36.47 | 0 | 0 | 0 | 24.51 | -1.68 | 44.94 | 0.57 | -43.56 | 232.56 | 20.57 | 0.05 | 30.94 | 20.42 | -7.5 | 0 | 36.3 | 14.37 | 29.46 | 1.58 | -4.82 | 9.72 | 19.21 | -2.39 | -5.04 | 7.59 | -1.17 | -1.17 | 12.9 | 1.18 | 2.06 | 3.81 | 0.0 | 0.0 | 5.72 | 0.0 | 0.0 | 1.35 | 73.08 | 429.27 | 10.87 | 5.53 | 19.32 | -5.99 | -10.11 | 15.16 | -4.64 | 0.43 | 37.88 | 0.07 | -4.3 | -22.73 |
| 21Q1 (6) | 12.72 | 9.56 | -24.69 | 33.91 | 39.15 | 8.17 | 2.93 | -15.32 | -45.94 | 0 | 0 | 0 | 24.93 | -8.14 | 24.28 | 1.01 | -47.12 | 4950.0 | 20.56 | -6.88 | 33.77 | 22.08 | -11.75 | 0 | 31.74 | 7.56 | 4.61 | 1.66 | 10.67 | 7.79 | 19.68 | -28.95 | -21.25 | 7.68 | -4.0 | 0.66 | 12.75 | 0.87 | 0.87 | 3.81 | 0.0 | 7.32 | 5.72 | 0.0 | 70.24 | 0.78 | -73.56 | -70.34 | 10.3 | -17.4 | 7.97 | -5.44 | -13.33 | 19.17 | -4.66 | -151.89 | -13.66 | 0.08 | 0.59 | -19.13 |
| 20Q4 (5) | 11.61 | 1.66 | 68.75 | 24.37 | -28.55 | -8.66 | 3.46 | 2.67 | -36.51 | 0 | 0 | 0 | 27.14 | 12.43 | 8.52 | 1.91 | 33.57 | 103.19 | 22.08 | 10.4 | 13.58 | 25.02 | 7.74 | 0 | 29.51 | 4.46 | -0.17 | 1.5 | 0.0 | -27.54 | 27.7 | 37.4 | 8.37 | 8.0 | 2.04 | 3.76 | 12.64 | 0.0 | 8.59 | 3.81 | 0.0 | 7.32 | 5.72 | 0.0 | 70.24 | 2.95 | 189.22 | 13.03 | 12.47 | 18.31 | 30.99 | -4.8 | 21.57 | 17.1 | -1.85 | 63.73 | 41.82 | 0.08 | -16.78 | -26.17 |
| 20Q3 (4) | 11.42 | 16.06 | 0.0 | 34.11 | 6.86 | 0.0 | 3.37 | 2.43 | 0.0 | 0 | 0 | 0.0 | 24.14 | 42.76 | 0.0 | 1.43 | 432.56 | 0.0 | 20.0 | 27.31 | 0.0 | 23.22 | 0 | 0.0 | 28.25 | 0.75 | 0.0 | 1.5 | 4.17 | 0.0 | 20.16 | -0.35 | 0.0 | 7.84 | 2.08 | 0.0 | 12.64 | 0.0 | 0.0 | 3.81 | 0.0 | 0.0 | 5.72 | 0.0 | 0.0 | 1.02 | 348.78 | 0.0 | 10.54 | 15.7 | 0.0 | -6.12 | 13.31 | 0.0 | -5.1 | 31.73 | 0.0 | 0.09 | -3.55 | 0.0 |
