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) | 90.5 | 45.4 | 112.76 | -47.54 | 0 | 0 | 0 | 0 | 1328.34 | -11.1 | 9.85 | 39.72 | 265.65 | -14.97 | 20.00 | -4.36 | 137.21 | -30.18 | 18.62 | 4.9 | 128.83 | 0.04 | 0 | 0 | 94.38 | 85.17 | 9.55 | 80.53 | 0 | 0 | 98.89 | 0.25 | 108.44 | 4.34 | -25.01 | 0 | 73.88 | 2.84 | 0.01 | 0.67 |
| 2022 (9) | 62.24 | 18.67 | 214.93 | 22.61 | 0 | 0 | 0 | 0 | 1494.2 | 37.45 | 7.05 | 197.47 | 312.43 | 86.11 | 20.91 | 35.4 | 196.52 | -11.08 | 17.75 | 21.49 | 128.78 | 133.59 | 0 | 0 | 50.97 | 20.13 | 5.29 | 19.68 | 0 | 0 | 98.64 | 13.51 | 103.93 | 13.81 | -26.8 | 0 | 71.84 | 5.34 | 0.01 | -12.75 |
| 2021 (8) | 52.45 | 10.54 | 175.29 | 30.43 | 0 | 0 | 0 | 0 | 1087.05 | 14.24 | 2.37 | 25.4 | 167.87 | -15.96 | 15.44 | -26.43 | 221.02 | 51.02 | 14.61 | 9.77 | 55.13 | 124.01 | 6.18 | 5.1 | 42.43 | 6.15 | 4.42 | -1.56 | 0 | 0 | 86.9 | -4.56 | 91.32 | -4.41 | -18.7 | 0 | 68.2 | -7.17 | 0.01 | -29.28 |
| 2020 (7) | 47.45 | 14.5 | 134.39 | 25.6 | 0 | 0 | 0 | 0 | 951.53 | -4.2 | 1.89 | -49.33 | 199.74 | 18.7 | 20.99 | 23.91 | 146.35 | 11.38 | 13.31 | 9.37 | 24.61 | -53.83 | 5.88 | 64.71 | 39.97 | -5.01 | 4.49 | -4.87 | 0 | 0 | 91.05 | -7.76 | 95.53 | -7.64 | -17.58 | 0 | 73.47 | -7.31 | 0.01 | 236.17 |
| 2019 (6) | 41.44 | 7.47 | 107.0 | -23.88 | 0 | 0 | 0 | 0 | 993.25 | -7.45 | 3.73 | -34.33 | 168.27 | -24.11 | 16.94 | -18.01 | 131.4 | -18.89 | 12.17 | 14.17 | 53.3 | -10.42 | 3.57 | 131.82 | 42.08 | -2.75 | 4.72 | -2.88 | 0 | 0 | 98.71 | -3.18 | 103.43 | -3.16 | -19.45 | 0 | 79.26 | -6.03 | 0.00 | -39.31 |
| 2018 (5) | 38.56 | 8.74 | 140.57 | -0.3 | 0 | 0 | 0 | 0 | 1073.18 | 9.12 | 5.68 | -35.82 | 221.74 | -1.14 | 20.66 | -9.41 | 162.0 | 58.02 | 10.66 | 78.56 | 59.5 | 83.25 | 1.54 | 38.74 | 43.27 | 3.27 | 4.86 | 3.4 | 0 | 0 | 101.95 | 5.3 | 106.8 | 5.2 | -17.6 | 0 | 84.35 | -8.28 | 0.01 | -38.1 |
| 2017 (4) | 35.46 | 1.49 | 141.0 | 102.94 | 0 | 0 | 0 | 0 | 983.46 | 0.62 | 8.85 | -16.75 | 224.3 | 20.89 | 22.81 | 20.15 | 102.52 | 7.95 | 5.97 | 2.58 | 32.47 | -7.78 | 1.11 | 3.74 | 41.9 | 1.16 | 4.7 | 1.08 | 0 | 0 | 96.82 | 6.03 | 101.52 | 5.79 | -4.86 | 0 | 91.96 | 8.15 | 0.01 | -26.65 |
| 2016 (3) | 34.94 | -2.16 | 69.48 | -48.62 | 0 | 0 | 0 | 0 | 977.44 | -28.11 | 10.63 | -24.4 | 185.54 | -27.83 | 18.98 | 0.39 | 94.97 | -11.6 | 5.82 | 164.55 | 35.21 | -40.43 | 1.07 | 33.75 | 41.42 | 0.0 | 4.65 | 0.0 | 0 | 0 | 91.31 | 6.87 | 95.96 | 6.52 | -6.28 | 0 | 85.03 | -1.36 | 0.01 | 0 |
| 2015 (2) | 35.71 | 103.59 | 135.22 | 7.04 | 0 | 0 | 0 | 0 | 1359.62 | -6.75 | 14.06 | 36.77 | 257.08 | -21.09 | 18.91 | -15.37 | 107.43 | -23.66 | 2.2 | -22.26 | 59.11 | 2.71 | 0.8 | -40.3 | 41.42 | -0.07 | 4.65 | -6.25 | 0 | 0 | 85.44 | 5.17 | 90.09 | 4.51 | 0.76 | -29.63 | 86.2 | 4.71 | 0.00 | 0 |
| 2014 (1) | 17.54 | -46.33 | 126.33 | -32.4 | 0 | 0 | 0 | 0 | 1458.03 | 31.86 | 10.28 | 879.05 | 325.77 | 42.78 | 22.34 | 8.28 | 140.72 | 12.95 | 2.83 | -16.27 | 57.55 | 0 | 1.34 | -9.46 | 41.45 | 11.48 | 4.96 | 6.67 | 0 | 0 | 81.24 | 14.26 | 86.2 | 13.8 | 1.08 | 103.77 | 82.32 | 14.92 | 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) | 77.46 | 6.24 | 17.04 | 108.63 | 6.51 | -37.55 | 0 | 0 | 0 | 0 | 0 | 0 | 348.12 | 8.45 | -1.72 | 6.08 | -8.3 | 69.83 | 318.74 | 24.59 | 17.21 | 25.52 | 25.2 | 29.15 | 158.64 | 4.88 | -18.82 | 20.79 | 1.27 | 6.07 | 117.83 | 57.46 | -12.96 | 0 | 0 | 0 | 97.27 | -2.47 | 67.85 | 9.84 | -2.48 | 76.98 | 0 | 0 | 0 | 106.07 | -2.88 | -0.08 | 115.91 | -2.85 | 3.75 | -29.72 | 8.47 | -3.27 | 76.35 | -0.52 | -1.33 | 0.01 | -5.13 | -38.21 |
| 24Q2 (19) | 72.91 | -23.84 | -3.74 | 101.99 | -5.96 | -40.25 | 0 | 0 | 0 | 0 | 0 | 0 | 320.99 | 13.48 | -7.63 | 6.63 | 33.94 | 96.15 | 255.83 | 14.61 | -4.93 | 20.38 | 17.03 | 13.25 | 151.26 | 8.33 | -12.3 | 20.53 | 4.16 | 6.98 | 74.83 | -24.7 | -42.71 | 0 | 0 | 0 | 99.73 | 1.4 | 78.34 | 10.09 | 1.41 | 87.9 | 0 | 0 | 0 | 109.22 | 1.12 | 7.84 | 119.31 | 1.14 | 11.87 | -32.47 | -17.43 | -24.79 | 76.75 | -4.49 | 1.98 | 0.01 | -2.72 | -36.29 |
| 24Q1 (18) | 95.73 | 5.78 | 19.48 | 108.45 | -3.82 | -50.6 | 0 | 0 | 0 | 0 | 0 | 0 | 282.85 | -4.79 | -14.18 | 4.95 | 1025.0 | 102.04 | 223.22 | -15.97 | -26.23 | 17.42 | -12.91 | -14.21 | 139.63 | 1.76 | -23.23 | 19.71 | 5.85 | 10.92 | 99.38 | -22.86 | -22.18 | 0 | 0 | 0 | 98.35 | 4.21 | 94.1 | 9.95 | 4.19 | 89.52 | 0 | 0 | 0 | 108.01 | 9.22 | 7.74 | 117.96 | 8.78 | 11.82 | -27.65 | -10.56 | -13.46 | 80.36 | 8.77 | 5.9 | 0.01 | -7.78 | -8.61 |
| 23Q4 (17) | 90.5 | 36.75 | 45.4 | 112.76 | -35.18 | -47.54 | 0 | 0 | 0 | 0 | 0 | 0 | 297.08 | -16.13 | -13.88 | 0.44 | -87.71 | -57.28 | 265.65 | -2.31 | -14.97 | 20.00 | 1.21 | -4.36 | 137.21 | -29.79 | -30.18 | 18.62 | -5.0 | 4.9 | 128.83 | -4.83 | 0.04 | 0 | 0 | 0 | 94.38 | 62.86 | 85.17 | 9.55 | 71.76 | 80.53 | 0 | 0 | 0 | 98.89 | -6.85 | 0.25 | 108.44 | -2.94 | 4.34 | -25.01 | 13.1 | 6.68 | 73.88 | -4.52 | 2.84 | 0.01 | -27.4 | 0.67 |
| 23Q3 (16) | 66.18 | -12.62 | 6.3 | 173.96 | 1.91 | -25.2 | 0 | 0 | 0 | 0 | 0 | 0 | 354.2 | 1.93 | -25.15 | 3.58 | 5.92 | 18.94 | 271.93 | 1.05 | -15.57 | 19.76 | 9.79 | -11.49 | 195.42 | 13.31 | -22.62 | 19.6 | 2.14 | 6.35 | 135.37 | 3.64 | 1.68 | 0 | 0 | -100.0 | 57.95 | 3.63 | 9.98 | 5.56 | 3.54 | 9.66 | 0 | 0 | 0 | 106.16 | 4.82 | 5.72 | 111.72 | 4.75 | 5.91 | -28.78 | -10.61 | 4.54 | 77.38 | 2.82 | 10.12 | 0.01 | -2.18 | 10.1 |
| 23Q2 (15) | 75.74 | -5.47 | 13.76 | 170.7 | -22.25 | -10.9 | 0 | 0 | 0 | 0 | 0 | 0 | 347.49 | 5.43 | 1.41 | 3.38 | 37.96 | 389.86 | 269.11 | -11.06 | 7.15 | 18.00 | -11.35 | -10.66 | 172.47 | -5.17 | -32.16 | 19.19 | 7.99 | 14.7 | 130.61 | 2.28 | 4.82 | 0 | 0 | -100.0 | 55.92 | 10.36 | 13.4 | 5.37 | 2.29 | 13.29 | 0 | 0 | 0 | 101.28 | 1.03 | 9.78 | 106.65 | 1.1 | 9.95 | -26.02 | -6.77 | -10.86 | 75.26 | -0.82 | 9.41 | 0.01 | 39.55 | 14.13 |
| 23Q1 (14) | 80.12 | 28.73 | 32.87 | 219.54 | 2.14 | 14.28 | 0 | 0 | 0 | 0 | 0 | 0 | 329.58 | -4.46 | -1.13 | 2.45 | 137.86 | 5.6 | 302.58 | -3.15 | 16.68 | 20.30 | -2.91 | -10.27 | 181.87 | -7.45 | -21.72 | 17.77 | 0.11 | 14.87 | 127.7 | -0.84 | 6.4 | 0 | 0 | -100.0 | 50.67 | -0.59 | 15.42 | 5.25 | -0.76 | 14.88 | 0 | 0 | 0 | 100.25 | 1.63 | 8.73 | 105.49 | 1.5 | 9.01 | -24.37 | 9.07 | -76.08 | 75.88 | 5.62 | -3.16 | 0.01 | 1.58 | -23.1 |
| 22Q4 (13) | 62.24 | -0.03 | 18.67 | 214.93 | -7.58 | 22.61 | 0 | 0 | 0 | 0 | 0 | 0 | 344.95 | -27.11 | 17.53 | 1.03 | -65.78 | 142.04 | 312.43 | -3.0 | 86.11 | 20.91 | -6.34 | 35.4 | 196.52 | -22.18 | -11.08 | 17.75 | -3.69 | 21.49 | 128.78 | -3.27 | 133.59 | 0 | -100.0 | -100.0 | 50.97 | -3.26 | 20.13 | 5.29 | 4.34 | 19.68 | 0 | 0 | 0 | 98.64 | -1.77 | 13.51 | 103.93 | -1.48 | 13.81 | -26.8 | 11.11 | -43.32 | 71.84 | 2.23 | 5.34 | 0.01 | -20.6 | -12.75 |
| 22Q3 (12) | 62.26 | -6.49 | 23.56 | 232.56 | 21.39 | 10.61 | 0 | 0 | 0 | 0 | 0 | 0 | 473.24 | 38.1 | 70.65 | 3.01 | 336.23 | -29.01 | 322.09 | 28.24 | 76.76 | 22.32 | 10.83 | 30.68 | 252.53 | -0.66 | 17.82 | 18.43 | 10.16 | 31.27 | 133.13 | 6.84 | 1006.65 | 6.56 | 4.63 | 10.44 | 52.69 | 6.85 | 23.42 | 5.07 | 6.96 | 15.49 | 0 | 0 | 0 | 100.42 | 8.84 | 12.3 | 105.49 | 8.75 | 12.45 | -30.15 | -28.46 | -63.33 | 70.27 | 2.15 | -0.97 | 0.01 | 1.4 | 31.18 |
| 22Q2 (11) | 66.58 | 10.41 | 52.32 | 191.58 | -0.27 | 20.86 | 0 | 0 | 0 | 0 | 0 | 0 | 342.67 | 2.8 | 41.56 | 0.69 | -70.26 | 216.95 | 251.16 | -3.15 | 49.61 | 20.14 | -10.96 | 26.06 | 254.22 | 9.42 | 36.85 | 16.73 | 8.14 | 22.03 | 124.61 | 3.82 | 934.97 | 6.27 | 0.64 | 11.17 | 49.31 | 12.32 | 15.53 | 4.74 | 3.72 | 7.97 | 0 | 0 | 0 | 92.26 | 0.07 | 7.2 | 97.0 | 0.24 | 7.24 | -23.47 | -69.58 | -50.26 | 68.79 | -12.21 | -2.34 | 0.01 | -5.98 | 60.13 |
| 22Q1 (10) | 60.3 | 14.97 | -1.12 | 192.1 | 9.59 | 13.86 | 0 | 0 | 0 | 0 | 0 | 0 | 333.34 | 13.57 | 21.59 | 2.32 | 194.69 | 98.29 | 259.32 | 54.48 | 22.25 | 22.62 | 46.5 | 8.34 | 232.34 | 5.12 | 41.58 | 15.47 | 5.89 | 12.43 | 120.02 | 117.7 | 386.7 | 6.23 | 0.81 | 12.45 | 43.9 | 3.46 | 9.59 | 4.57 | 3.39 | 1.56 | 0 | 0 | 0 | 92.2 | 6.1 | -0.23 | 96.77 | 5.97 | -0.13 | -13.84 | 25.99 | 32.59 | 78.36 | 14.9 | 9.02 | 0.01 | 15.26 | 129.88 |
| 21Q4 (9) | 52.45 | 4.09 | 10.54 | 175.29 | -16.63 | 30.43 | 0 | 0 | 0 | 0 | 0 | 0 | 293.51 | 5.84 | 7.46 | -2.45 | -157.78 | -497.56 | 167.87 | -7.88 | -15.96 | 15.44 | -9.6 | -26.43 | 221.02 | 3.12 | 51.02 | 14.61 | 4.06 | 9.77 | 55.13 | 358.27 | 124.01 | 6.18 | 4.04 | 5.1 | 42.43 | -0.61 | 6.15 | 4.42 | 0.68 | -1.56 | 0 | 0 | 0 | 86.9 | -2.82 | -4.56 | 91.32 | -2.65 | -4.41 | -18.7 | -1.3 | -6.37 | 68.2 | -3.89 | -7.17 | 0.01 | 19.38 | -29.28 |
| 21Q3 (8) | 50.39 | 15.28 | -6.7 | 210.25 | 32.63 | 67.1 | 0 | 0 | 0 | 0 | 0 | 0 | 277.31 | 14.56 | 6.16 | 4.24 | 818.64 | 142.29 | 182.22 | 8.54 | 0.16 | 17.08 | 6.9 | -18.46 | 214.33 | 15.38 | 45.19 | 14.04 | 2.41 | 5.72 | 12.03 | -0.08 | -68.1 | 5.94 | 5.32 | 12.29 | 42.69 | 0.02 | 4.53 | 4.39 | 0.0 | -4.15 | 0 | 0 | 0 | 89.42 | 3.9 | -3.61 | 93.81 | 3.71 | -3.64 | -18.46 | -18.18 | 20.12 | 70.96 | 0.74 | 1.87 | 0.01 | 23.77 | -39.53 |
| 21Q2 (7) | 43.71 | -28.32 | -15.75 | 158.52 | -6.05 | 33.63 | 0 | 0 | 0 | 0 | 0 | 0 | 242.07 | -11.7 | 16.76 | -0.59 | -150.43 | 11.94 | 167.88 | -20.86 | 9.61 | 15.98 | -23.47 | 0 | 185.76 | 13.19 | 24.14 | 13.71 | -0.36 | 4.5 | 12.04 | -51.18 | -68.65 | 5.64 | 1.81 | 17.26 | 42.68 | 6.54 | 2.62 | 4.39 | -2.44 | -6.0 | 0 | 0 | 0 | 86.06 | -6.87 | -11.13 | 90.45 | -6.66 | -10.9 | -15.62 | 23.92 | 43.69 | 70.44 | -2.0 | 1.94 | 0.01 | 34.98 | -38.85 |
| 21Q1 (6) | 60.98 | 28.51 | 6.61 | 168.72 | 25.55 | 42.01 | 0 | 0 | 0 | 0 | 0 | 0 | 274.16 | 0.37 | 30.65 | 1.17 | 385.37 | -3.31 | 212.12 | 6.2 | 39.67 | 20.88 | -0.53 | 0 | 164.11 | 12.14 | 17.87 | 13.76 | 3.38 | 6.83 | 24.66 | 0.2 | -52.79 | 5.54 | -5.78 | 39.55 | 40.06 | 0.23 | -5.59 | 4.5 | 0.22 | -5.46 | 0 | 0 | 0 | 92.41 | 1.49 | -8.27 | 96.9 | 1.43 | -8.16 | -20.53 | -16.78 | 27.1 | 71.88 | -2.16 | -0.96 | 0.00 | -64.54 | -53.79 |
| 20Q4 (5) | 47.45 | -12.15 | 14.5 | 134.39 | 6.81 | 25.6 | 0 | 0 | 0 | 0 | 0 | 0 | 273.14 | 4.57 | 43.75 | -0.41 | -123.43 | 79.6 | 199.74 | 9.79 | 18.7 | 20.99 | 0.2 | 0 | 146.35 | -0.86 | 11.38 | 13.31 | 0.23 | 9.37 | 24.61 | -34.74 | -53.83 | 5.88 | 11.15 | 64.71 | 39.97 | -2.13 | -5.01 | 4.49 | -1.97 | -4.87 | 0 | 0 | 0 | 91.05 | -1.85 | -7.76 | 95.53 | -1.87 | -7.64 | -17.58 | 23.93 | 9.61 | 73.47 | 5.47 | -7.31 | 0.01 | 2.09 | 236.17 |
| 20Q3 (4) | 54.01 | 4.11 | 0.0 | 125.82 | 6.06 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 261.21 | 25.99 | 0.0 | 1.75 | 361.19 | 0.0 | 181.93 | 18.78 | 0.0 | 20.95 | 0 | 0.0 | 147.62 | -1.35 | 0.0 | 13.28 | 1.22 | 0.0 | 37.71 | -1.8 | 0.0 | 5.29 | 9.98 | 0.0 | 40.84 | -1.8 | 0.0 | 4.58 | -1.93 | 0.0 | 0 | 0 | 0.0 | 92.77 | -4.2 | 0.0 | 97.35 | -4.1 | 0.0 | -23.11 | 16.69 | 0.0 | 69.66 | 0.81 | 0.0 | 0.01 | 25.16 | 0.0 |
