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) | 405.82 | 3.17 | 266.66 | 29.37 | 132.11 | 10.8 | 0 | 0 | 2466.34 | -7.8 | 106.24 | -15.98 | 272.21 | -5.19 | 11.04 | 2.83 | 420.27 | -21.76 | 729.34 | 16.36 | 280.51 | -43.9 | 104.05 | 1.33 | 294.68 | 0.0 | 193.01 | 7.31 | 576.47 | 0 | 241.02 | -68.48 | 1010.5 | 6.99 | -87.38 | 0 | 153.64 | -72.13 | 0.38 | -8.51 |
| 2022 (9) | 393.36 | 38.26 | 206.12 | -19.33 | 119.23 | 21.76 | 0 | 0 | 2674.97 | 11.51 | 126.45 | -12.42 | 287.11 | 8.18 | 10.73 | -2.99 | 537.18 | -11.65 | 626.79 | -36.77 | 500.02 | -11.32 | 102.68 | 9.46 | 294.68 | 0.0 | 179.87 | 8.7 | 0 | 0 | 764.61 | 10.53 | 944.47 | 10.17 | -213.24 | 0 | 551.37 | -38.05 | 0.41 | 25.73 |
| 2021 (8) | 284.5 | -11.4 | 255.52 | 7.67 | 97.92 | 66.28 | 0 | 0 | 2398.84 | -4.03 | 144.39 | 198.33 | 265.4 | -16.85 | 11.06 | -13.36 | 608.03 | 24.26 | 991.28 | -1.67 | 563.87 | -14.99 | 93.81 | -4.6 | 294.68 | 0.0 | 165.47 | 3.0 | 0 | 0 | 691.79 | 21.92 | 857.27 | 17.74 | 198.19 | -27.78 | 889.98 | 5.71 | 0.33 | -1.67 |
| 2020 (7) | 321.09 | -13.34 | 237.32 | -43.83 | 58.89 | 2130.68 | 0 | 0 | 2499.54 | -20.18 | 48.4 | -59.08 | 319.17 | -6.84 | 12.77 | 16.71 | 489.31 | -16.53 | 1008.16 | 34.15 | 663.29 | 10.02 | 98.33 | -5.71 | 294.68 | 0.0 | 160.65 | 7.95 | 0 | 0 | 567.43 | 64.52 | 728.08 | 1.6 | 274.44 | 134.87 | 841.87 | 82.33 | 0.33 | -12.59 |
| 2019 (6) | 370.5 | 14.88 | 422.48 | 12.48 | 2.64 | -93.71 | 0 | 0 | 3131.57 | 6.76 | 118.29 | 10.46 | 342.62 | -12.14 | 10.94 | -17.71 | 586.22 | -1.23 | 751.53 | 124.07 | 602.9 | 12.28 | 104.29 | -13.48 | 294.68 | 0.0 | 148.82 | 7.75 | 222.93 | 60.19 | 344.89 | -10.09 | 716.64 | 8.44 | 116.85 | 0 | 461.74 | 187.37 | 0.38 | -21.86 |
| 2018 (5) | 322.52 | -5.44 | 375.61 | 12.3 | 41.94 | 459.2 | 0 | 0 | 2933.16 | 5.27 | 107.09 | -17.13 | 389.96 | 5.77 | 13.29 | 0.47 | 593.51 | 12.93 | 335.4 | -22.13 | 536.95 | -1.68 | 120.54 | -2.75 | 294.68 | 0.0 | 138.11 | 10.32 | 139.17 | 2.06 | 383.61 | 2.86 | 660.89 | 4.16 | -222.93 | 0 | 160.68 | -31.27 | 0.49 | 3.46 |
| 2017 (4) | 341.08 | -4.29 | 334.48 | 39.19 | 7.5 | 0 | 0 | 0 | 2786.32 | 1.36 | 129.22 | -1.03 | 368.69 | -3.36 | 13.23 | -4.65 | 525.54 | 15.24 | 430.73 | 4.0 | 546.13 | 8.1 | 123.95 | 3.69 | 294.68 | 0.0 | 125.19 | 11.65 | 136.36 | 14.53 | 372.94 | 15.77 | 634.49 | 14.67 | -139.17 | 0 | 233.77 | 25.82 | 0.47 | -11.86 |
| 2016 (3) | 356.36 | -5.78 | 240.31 | 52.98 | 0 | 0 | 0 | 0 | 2748.95 | 2.16 | 130.57 | 37.0 | 381.5 | 12.58 | 13.88 | 10.2 | 456.05 | -1.41 | 414.18 | 4.18 | 505.22 | 68.7 | 119.54 | -6.74 | 294.68 | 0.0 | 112.13 | 9.29 | 119.06 | 112.27 | 322.15 | 3.23 | 553.33 | 17.54 | -136.36 | 0 | 185.79 | -3.75 | 0.54 | -3.07 |
| 2015 (2) | 378.21 | 8.88 | 157.09 | -14.73 | 211.59 | 156.53 | 0 | 0 | 2690.81 | 10.29 | 95.31 | 10.62 | 338.87 | 7.79 | 12.59 | -2.27 | 462.58 | -0.39 | 397.55 | -8.24 | 299.48 | -28.64 | 128.18 | 0.72 | 294.68 | 0.09 | 102.6 | 9.17 | 56.09 | -38.9 | 312.08 | 31.82 | 470.76 | 11.41 | -119.06 | 0 | 193.02 | 6.84 | 0.55 | 3.25 |
| 2014 (1) | 347.35 | 17.32 | 184.23 | 10.72 | 82.48 | -6.12 | 0 | 0 | 2439.76 | 7.64 | 86.16 | -18.86 | 314.39 | 4.14 | 12.89 | -3.25 | 464.41 | 13.04 | 433.26 | 17.18 | 419.68 | 5.2 | 127.26 | 4.97 | 294.41 | 0.0 | 93.98 | 12.73 | 91.8 | 106.99 | 236.75 | -1.36 | 422.54 | 14.91 | -56.09 | 0 | 180.66 | 21.89 | 0.54 | -3.61 |
| 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) | 341.0 | -9.6 | -28.16 | 328.93 | 7.94 | 35.09 | 51.83 | 157.35 | -34.52 | 0 | 0 | 0 | 668.04 | 2.26 | 14.59 | 57.27 | 67.8 | -5.85 | 333.43 | 3.87 | 23.85 | 13.01 | 0.42 | 20.17 | 503.59 | 13.11 | 10.61 | 794.05 | 0.76 | 15.61 | 351.88 | 0.89 | -18.74 | 107.91 | -0.82 | 0.35 | 294.68 | 0.0 | 0.0 | 203.44 | 0.0 | 5.4 | 551.18 | 0.0 | -4.39 | 361.77 | 18.84 | 49.18 | 1116.39 | 5.41 | 10.32 | -49.24 | -174.01 | 65.94 | 312.53 | 9.1 | 219.1 | 0.37 | -1.27 | -6.23 |
| 24Q2 (19) | 377.21 | -20.06 | 6.63 | 304.73 | 11.3 | 34.82 | 20.14 | -66.83 | -79.07 | 0 | 0 | 0 | 653.27 | 3.22 | 3.54 | 34.13 | -26.65 | -2.68 | 321.0 | 11.92 | 7.92 | 12.95 | 10.91 | 12.96 | 445.21 | -2.66 | 4.13 | 788.04 | 2.61 | 10.86 | 348.79 | -5.57 | -15.7 | 108.8 | 1.32 | 4.88 | 294.68 | 0.0 | 0.0 | 203.44 | 5.4 | 5.4 | 551.18 | -4.39 | -4.39 | 304.43 | 5.81 | 67.57 | 1059.05 | 0.17 | 11.34 | -17.97 | 40.04 | 83.4 | 286.46 | 11.14 | 290.27 | 0.37 | 1.37 | -4.15 |
| 24Q1 (18) | 471.89 | 16.28 | 27.46 | 273.79 | 2.67 | 8.05 | 60.71 | -54.05 | 12.2 | 0 | 0 | 0 | 632.89 | 3.96 | -1.67 | 46.53 | 10978.57 | 369.53 | 286.82 | 5.37 | 5.73 | 11.68 | 5.83 | 13.93 | 457.38 | 8.83 | -10.92 | 768.02 | 5.3 | 14.18 | 369.36 | 31.67 | -17.32 | 107.38 | 3.2 | 4.92 | 294.68 | 0.0 | 0.0 | 193.01 | 0.0 | 7.31 | 576.47 | 0.0 | 0 | 287.72 | 19.38 | -62.85 | 1057.2 | 4.62 | 10.77 | -29.97 | 65.7 | 80.87 | 257.75 | 67.76 | -58.28 | 0.37 | -3.13 | -7.13 |
| 23Q4 (17) | 405.82 | -14.51 | 3.17 | 266.66 | 9.52 | 29.37 | 132.11 | 66.91 | 10.8 | 0 | 0 | 0 | 608.76 | 4.43 | -3.25 | 0.42 | -99.31 | 101.51 | 272.21 | 1.11 | -5.19 | 11.04 | 1.95 | 2.83 | 420.27 | -7.69 | -21.76 | 729.34 | 6.19 | 16.36 | 280.51 | -35.22 | -43.9 | 104.05 | -3.24 | 1.33 | 294.68 | 0.0 | 0.0 | 193.01 | 0.0 | 7.31 | 576.47 | 0.0 | 0 | 241.02 | -0.61 | -68.48 | 1010.5 | -0.15 | 6.99 | -87.38 | 39.55 | 59.02 | 153.64 | 56.87 | -72.13 | 0.38 | -3.27 | -8.51 |
| 23Q3 (16) | 474.69 | 34.18 | 9.44 | 243.49 | 7.73 | -23.02 | 79.15 | -17.74 | -19.97 | 0 | 0 | 0 | 582.96 | -7.61 | -15.48 | 60.83 | 73.45 | 6.2 | 269.22 | -9.49 | -25.24 | 10.83 | -5.6 | -20.93 | 455.29 | 6.49 | -24.71 | 686.82 | -3.38 | 152.59 | 433.04 | 4.66 | -25.55 | 107.53 | 3.65 | 3.93 | 294.68 | 0.0 | 0.0 | 193.01 | 0.0 | 7.31 | 576.47 | 0.0 | 0 | 242.5 | 33.48 | -69.21 | 1011.98 | 6.4 | 4.61 | -144.56 | -33.52 | 74.98 | 97.94 | 33.43 | -53.3 | 0.39 | 0.92 | -23.83 |
| 23Q2 (15) | 353.76 | -4.45 | -3.78 | 226.02 | -10.81 | -35.04 | 96.22 | 77.82 | -20.77 | 0 | 0 | 0 | 630.95 | -1.98 | -7.67 | 35.07 | 253.88 | -30.71 | 297.45 | 9.65 | -14.86 | 11.47 | 11.86 | -21.32 | 427.54 | -16.73 | -26.7 | 710.85 | 5.68 | 163.21 | 413.76 | -7.38 | -24.1 | 103.74 | 1.37 | 4.82 | 294.68 | 0.0 | 0.0 | 193.01 | 7.31 | 7.31 | 576.47 | 0 | 0 | 181.67 | -76.54 | -75.12 | 951.15 | -0.34 | 4.52 | -108.27 | 30.88 | 81.38 | 73.4 | -88.12 | -50.64 | 0.39 | -1.79 | -26.16 |
| 23Q1 (14) | 370.23 | -5.88 | 32.68 | 253.4 | 22.94 | -24.12 | 54.11 | -54.62 | -55.08 | 0 | 0 | 0 | 643.67 | 2.3 | -4.31 | 9.91 | 135.61 | -78.64 | 271.28 | -5.51 | -11.23 | 10.25 | -4.48 | -20.74 | 513.46 | -4.42 | -17.96 | 672.65 | 7.32 | -2.33 | 446.73 | -10.66 | -14.8 | 102.34 | -0.33 | 5.61 | 294.68 | 0.0 | 0.0 | 179.87 | 0.0 | 8.7 | 0 | 0 | 0 | 774.52 | 1.3 | 4.92 | 954.39 | 1.05 | 5.62 | -156.65 | 26.54 | -56.48 | 617.87 | 12.06 | -3.17 | 0.39 | -4.57 | 2.44 |
| 22Q4 (13) | 393.36 | -9.31 | 38.26 | 206.12 | -34.84 | -19.33 | 119.23 | 20.56 | 21.76 | 0 | 0 | 0 | 629.2 | -8.78 | 7.63 | -27.83 | -148.59 | -245.48 | 287.11 | -20.28 | 8.18 | 10.73 | -21.6 | -2.99 | 537.18 | -11.17 | -11.65 | 626.79 | 130.51 | -36.77 | 500.02 | -14.04 | -11.32 | 102.68 | -0.75 | 9.46 | 294.68 | 0.0 | 0.0 | 179.87 | 0.0 | 8.7 | 0 | 0 | 0 | 764.61 | -2.91 | 10.53 | 944.47 | -2.37 | 10.17 | -213.24 | 63.09 | -207.59 | 551.37 | 162.93 | -38.05 | 0.41 | -19.46 | 25.73 |
| 22Q3 (12) | 433.74 | 17.97 | 28.53 | 316.31 | -9.09 | -6.15 | 98.9 | -18.57 | -70.09 | 0 | 0 | 0 | 689.76 | 0.93 | 51.16 | 57.28 | 13.18 | 124.1 | 360.13 | 3.08 | 80.23 | 13.69 | -6.07 | 70.89 | 604.73 | 3.67 | 10.58 | 271.91 | 0.68 | -70.71 | 581.68 | 6.71 | 93.89 | 103.46 | 4.54 | 9.48 | 294.68 | 0.0 | 0.0 | 179.87 | 0.0 | 8.7 | 0 | 0 | 0 | 787.5 | 7.85 | 17.01 | 967.37 | 6.3 | 15.37 | -577.8 | 0.63 | -588.63 | 209.7 | 41.02 | -73.5 | 0.51 | -2.18 | 47.98 |
| 22Q2 (11) | 367.67 | 31.76 | 17.23 | 347.92 | 4.19 | -4.79 | 121.45 | 0.82 | 340.2 | 0 | 0 | 0 | 683.38 | 1.6 | 5.3 | 50.61 | 9.1 | 37.01 | 349.37 | 14.33 | 11.71 | 14.58 | 12.69 | 22.52 | 583.3 | -6.8 | 18.88 | 270.07 | -60.78 | -71.98 | 545.11 | 3.96 | -9.97 | 98.97 | 2.14 | 4.09 | 294.68 | 0.0 | 0.0 | 179.87 | 8.7 | 8.7 | 0 | 0 | 0 | 730.19 | -1.08 | 12.78 | 910.06 | 0.71 | 11.95 | -581.49 | -480.85 | -445.94 | 148.7 | -76.7 | -81.77 | 0.52 | 36.25 | 51.95 |
| 22Q1 (10) | 279.04 | -1.92 | -13.91 | 333.94 | 30.69 | 12.17 | 120.46 | 23.02 | 78.12 | 0 | 0 | 0 | 672.63 | 15.06 | -5.12 | 46.39 | 142.5 | -26.08 | 305.59 | 15.14 | -6.19 | 12.93 | 16.91 | 3.79 | 625.84 | 2.93 | 22.47 | 688.69 | -30.53 | -19.34 | 524.33 | -7.01 | -16.41 | 96.9 | 3.29 | -0.28 | 294.68 | 0.0 | 0.0 | 165.47 | 0.0 | 3.0 | 0 | 0 | 0 | 738.18 | 6.71 | 17.15 | 903.65 | 5.41 | 14.27 | -100.11 | -150.51 | -211.47 | 638.07 | -28.31 | -11.37 | 0.38 | 17.13 | 6.43 |
| 21Q4 (9) | 284.5 | -15.69 | -11.4 | 255.52 | -24.18 | 7.67 | 97.92 | -70.39 | 66.28 | 0 | 0 | 0 | 584.61 | 28.12 | -14.01 | 19.13 | -25.16 | 128.28 | 265.4 | 32.82 | -16.85 | 11.06 | 38.09 | -13.36 | 608.03 | 11.18 | 24.26 | 991.28 | 6.79 | -1.67 | 563.87 | 87.95 | -14.99 | 93.81 | -0.73 | -4.6 | 294.68 | 0.0 | 0.0 | 165.47 | 0.0 | 3.0 | 0 | 0 | 0 | 691.79 | 2.79 | 21.92 | 857.27 | 2.24 | 17.74 | 198.19 | 67.6 | -27.78 | 889.98 | 12.48 | 5.71 | 0.33 | -5.22 | -1.67 |
| 21Q3 (8) | 337.46 | 7.6 | -5.58 | 337.02 | -7.78 | 11.79 | 330.69 | 1098.59 | 481.69 | 0 | 0 | 0 | 456.31 | -29.69 | -22.81 | 25.56 | -30.81 | -23.52 | 199.82 | -36.11 | -20.48 | 8.01 | -32.65 | -16.79 | 546.89 | 11.46 | 11.06 | 928.22 | -3.69 | 5.4 | 300.01 | -50.45 | -53.75 | 94.5 | -0.61 | -5.71 | 294.68 | 0.0 | 0.0 | 165.47 | 0.0 | 3.0 | 0 | 0 | 0 | 673.01 | 3.95 | 20.51 | 838.48 | 3.14 | 16.6 | 118.25 | -29.65 | -17.65 | 791.26 | -2.98 | 12.7 | 0.35 | 0.45 | -3.04 |
| 21Q2 (7) | 313.63 | -3.24 | -28.93 | 365.44 | 22.75 | -22.81 | 27.59 | -59.2 | 55.52 | 0 | 0 | 0 | 648.98 | -8.46 | 2.35 | 36.94 | -41.14 | 802.28 | 312.74 | -4.0 | -5.1 | 11.90 | -4.54 | 0 | 490.68 | -3.98 | 10.92 | 963.78 | 12.87 | 16.03 | 605.48 | -3.48 | -4.05 | 95.08 | -2.15 | -6.24 | 294.68 | 0.0 | 0.0 | 165.47 | 3.0 | 3.0 | 0 | 0 | 0 | 647.45 | 2.75 | 23.31 | 812.92 | 2.8 | 18.55 | 168.09 | 87.16 | 16.88 | 815.54 | 13.28 | 21.93 | 0.34 | -4.56 | -5.58 |
| 21Q1 (6) | 324.12 | 0.94 | -18.84 | 297.7 | 25.44 | -28.97 | 67.63 | 14.84 | 48207.14 | 0 | 0 | 0 | 708.95 | 4.28 | 19.26 | 62.76 | 648.93 | 429.17 | 325.76 | 2.06 | 8.33 | 12.46 | -2.4 | 0 | 511.03 | 4.44 | -5.62 | 853.87 | -15.3 | 38.8 | 627.28 | -5.43 | 4.33 | 97.17 | -1.18 | -6.5 | 294.68 | 0.0 | 0.0 | 160.65 | 0.0 | 7.95 | 0 | 0 | -100.0 | 630.14 | 11.05 | 76.64 | 790.78 | 8.61 | 8.55 | 89.81 | -67.28 | 259.15 | 719.95 | -14.48 | 139.74 | 0.36 | 8.22 | -10.91 |
| 20Q4 (5) | 321.09 | -10.16 | -13.34 | 237.32 | -21.28 | -43.83 | 58.89 | 3.59 | 2130.68 | 0 | 0 | 0 | 679.83 | 15.01 | -13.98 | 8.38 | -74.93 | 72.43 | 319.17 | 27.01 | -6.84 | 12.77 | 32.63 | 0 | 489.31 | -0.64 | -16.53 | 1008.16 | 14.48 | 34.15 | 663.29 | 2.26 | 10.02 | 98.33 | -1.89 | -5.71 | 294.68 | 0.0 | 0.0 | 160.65 | 0.0 | 7.95 | 0 | 0 | -100.0 | 567.43 | 1.6 | 64.52 | 728.08 | 1.24 | 1.6 | 274.44 | 91.13 | 134.87 | 841.87 | 19.91 | 82.33 | 0.33 | -6.53 | -12.59 |
| 20Q3 (4) | 357.41 | -19.01 | 0.0 | 301.47 | -36.32 | 0.0 | 56.85 | 220.46 | 0.0 | 0 | 0 | 0.0 | 591.13 | -6.78 | 0.0 | 33.42 | 735.36 | 0.0 | 251.29 | -23.75 | 0.0 | 9.63 | 0 | 0.0 | 492.44 | 11.32 | 0.0 | 880.64 | 6.02 | 0.0 | 648.61 | 2.79 | 0.0 | 100.22 | -1.17 | 0.0 | 294.68 | 0.0 | 0.0 | 160.65 | 0.0 | 0.0 | 0 | 0 | 0.0 | 558.48 | 6.37 | 0.0 | 719.13 | 4.88 | 0.0 | 143.59 | -0.16 | 0.0 | 702.07 | 4.96 | 0.0 | 0.36 | -2.19 | 0.0 |
