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) | 33.08 | 4.42 | 27.3 | 12.35 | 0 | 0 | 0 | 0 | 352.4 | -18.95 | 6.81 | -69.68 | 41.74 | -11.49 | 11.84 | 9.2 | 41.44 | -11.87 | 0.83 | -8.79 | 41.5 | 9.21 | 0.04 | -50.0 | 157.91 | 0.0 | 23.07 | 11.88 | 14.12 | -22.84 | 11.02 | -56.77 | 48.22 | -25.15 | -18.98 | 0 | -7.96 | 0 | 0.05 | -0.57 |
| 2022 (9) | 31.68 | 18.92 | 24.3 | -13.15 | 0 | 0 | 0 | 0 | 434.8 | 3.8 | 22.46 | 21.27 | 47.16 | -11.67 | 10.85 | -14.9 | 47.02 | -16.88 | 0.91 | -2.15 | 38.0 | -46.1 | 0.08 | -97.19 | 157.91 | 0.0 | 20.62 | 9.74 | 18.3 | 0.99 | 25.49 | 35.66 | 64.42 | 15.66 | -14.12 | 0 | 11.37 | 2220.41 | 0.05 | -12.07 |
| 2021 (8) | 26.64 | 7.51 | 27.98 | 51.41 | 0 | 0 | 0 | 0 | 418.9 | 39.94 | 18.52 | 101.09 | 53.39 | 66.38 | 12.75 | 18.89 | 56.57 | 73.31 | 0.93 | -6.06 | 70.5 | 8.13 | 2.85 | -12.04 | 157.91 | 0.0 | 18.79 | 4.8 | 18.12 | -5.72 | 18.79 | 119.25 | 55.7 | 21.83 | -18.3 | 0 | 0.49 | 0 | 0.06 | -8.8 |
| 2020 (7) | 24.78 | 83.15 | 18.48 | -40.85 | 0 | 0 | 0 | 0 | 299.35 | -7.97 | 9.21 | 71.83 | 32.09 | -12.25 | 10.72 | -4.65 | 32.64 | -11.71 | 0.99 | -4.81 | 65.2 | -11.89 | 3.24 | -5.81 | 157.91 | 0.0 | 17.93 | 3.05 | 19.22 | 39.38 | 8.57 | 43.55 | 45.72 | 23.07 | -18.12 | 0 | -9.55 | 0 | 0.06 | -6.61 |
| 2019 (6) | 13.53 | -40.26 | 31.24 | -15.86 | 0 | 0 | 0 | 0 | 325.28 | -7.34 | 5.36 | -63.93 | 36.57 | -15.35 | 11.24 | -8.64 | 36.97 | -5.3 | 1.04 | -9.57 | 74.0 | -8.64 | 3.44 | -4.97 | 157.91 | 0.0 | 17.4 | 8.95 | 13.79 | 60.16 | 5.97 | -58.19 | 37.15 | -4.4 | -19.96 | 0 | -13.99 | 0 | 0.07 | -5.66 |
| 2018 (5) | 22.65 | 150.0 | 37.13 | 129.48 | 8.51 | -58.81 | 0 | 0 | 351.04 | 7.46 | 14.86 | 147.67 | 43.2 | 20.6 | 12.31 | 12.23 | 39.04 | 4.47 | 1.15 | -10.85 | 81.0 | -18.3 | 3.62 | -0.28 | 157.91 | 0.0 | 15.97 | 3.9 | 8.61 | -19.91 | 14.28 | 116.69 | 38.86 | 18.8 | -13.79 | 0 | 0.49 | 0 | 0.07 | 41.39 |
| 2017 (4) | 9.06 | 21.45 | 16.18 | -37.19 | 20.66 | 58.19 | 0 | 0 | 326.67 | -0.25 | 6.0 | -43.87 | 35.82 | 3.8 | 10.97 | 4.06 | 37.37 | 6.13 | 1.29 | -6.52 | 99.14 | -21.57 | 3.63 | -9.25 | 157.91 | 0.0 | 15.37 | 6.74 | 10.75 | 30.15 | 6.59 | -32.06 | 32.71 | 1.08 | -8.61 | 0 | -2.02 | 0 | 0.05 | -2.92 |
| 2016 (3) | 7.46 | 5.82 | 25.76 | -11.14 | 13.06 | -73.61 | 0 | 0 | 327.49 | -9.48 | 10.69 | 81.19 | 34.51 | 5.96 | 10.54 | 17.05 | 35.21 | -7.37 | 1.38 | -12.66 | 126.4 | -3.21 | 4.0 | -11.89 | 157.91 | 0.0 | 14.4 | 4.35 | 8.26 | 0.0 | 9.7 | 64.41 | 32.36 | 15.74 | -10.75 | 0 | -1.05 | 0 | 0.05 | -3.2 |
| 2015 (2) | 7.05 | -55.15 | 28.99 | -29.34 | 49.48 | 4.43 | 0 | 0 | 361.79 | -0.71 | 5.9 | -23.97 | 32.57 | -18.31 | 9.00 | -17.72 | 38.01 | -24.78 | 1.58 | -5.39 | 130.59 | -18.51 | 4.54 | -6.97 | 157.91 | 0.0 | 13.8 | 5.91 | 8.26 | 0.0 | 5.9 | -27.34 | 27.96 | -4.96 | -0.68 | 0 | 5.22 | -59.38 | 0.05 | -7.15 |
| 2014 (1) | 15.72 | 95.28 | 41.03 | -2.31 | 47.38 | 23.74 | 0 | 0 | 364.38 | 9.78 | 7.76 | -38.22 | 39.87 | -1.12 | 10.94 | -9.92 | 50.53 | 2.6 | 1.67 | 1418.18 | 160.26 | 15.49 | 4.88 | -2.01 | 157.91 | 0.0 | 13.03 | 10.05 | 8.26 | 0.0 | 8.12 | -31.94 | 29.42 | -8.15 | 4.73 | 109.29 | 12.85 | -9.44 | 0.06 | 2.21 |
| 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) | 41.95 | -0.78 | 13.87 | 39.34 | -8.41 | 10.41 | 0 | 0 | 0 | 0 | 0 | 0 | 124.89 | 7.47 | 47.21 | 4.58 | -12.26 | 392.47 | 64.03 | 2.98 | 53.29 | 15.45 | -6.98 | 34.5 | 46.33 | -3.68 | 18.73 | 0.81 | -1.22 | -5.81 | 39.0 | -6.02 | 8.33 | 0.03 | 0.0 | -25.0 | 157.91 | 0.0 | 0.0 | 23.79 | 0.0 | 3.12 | 18.98 | 0.0 | 34.42 | 12.03 | 61.26 | 5.71 | 54.81 | 9.12 | 12.82 | -11.39 | 13.91 | 23.97 | 0.64 | 111.09 | 117.78 | 0.05 | -3.39 | -9.96 |
| 24Q2 (19) | 42.28 | 29.69 | 17.67 | 42.95 | 11.62 | 135.34 | 0 | 0 | 0 | 0 | 0 | 0 | 116.21 | 24.02 | 17.46 | 5.22 | 241.18 | 45.0 | 62.18 | 24.36 | 36.93 | 16.61 | 18.62 | 45.31 | 48.1 | 5.23 | 24.39 | 0.82 | -1.2 | -3.53 | 41.5 | 13.7 | 23.88 | 0.03 | -25.0 | -40.0 | 157.91 | 0.0 | 0.0 | 23.79 | 3.12 | 3.12 | 18.98 | 34.42 | 34.42 | 7.46 | -40.56 | -28.61 | 50.23 | 0.96 | 5.41 | -13.23 | 8.7 | 35.21 | -5.77 | -197.42 | 42.13 | 0.05 | -1.99 | -9.13 |
| 24Q1 (18) | 32.6 | -1.45 | -4.29 | 38.48 | 40.95 | 122.56 | 0 | 0 | 0 | 0 | 0 | 0 | 93.7 | 17.73 | 5.25 | 1.53 | 312.5 | -49.0 | 50.0 | 19.79 | 12.79 | 14.00 | 18.22 | 32.52 | 45.71 | 10.3 | 10.36 | 0.83 | 0.0 | -6.74 | 36.5 | -12.05 | 4.29 | 0.04 | 0.0 | -33.33 | 157.91 | 0.0 | 0.0 | 23.07 | 0.0 | 11.88 | 14.12 | 0.0 | -22.84 | 12.55 | 13.88 | -55.96 | 49.75 | 3.17 | -26.21 | -14.49 | 23.66 | 2.95 | -1.94 | 75.63 | -114.3 | 0.05 | -2.47 | -0.25 |
| 23Q4 (17) | 33.08 | -10.21 | 4.42 | 27.3 | -23.38 | 12.35 | 0 | 0 | 0 | 0 | 0 | 0 | 79.59 | -6.19 | -12.34 | -0.72 | -177.42 | -620.0 | 41.74 | -0.07 | -11.49 | 11.84 | 3.1 | 9.2 | 41.44 | 6.2 | -11.87 | 0.83 | -3.49 | -8.79 | 41.5 | 15.28 | 9.21 | 0.04 | 0.0 | -50.0 | 157.91 | 0.0 | 0.0 | 23.07 | 0.0 | 11.88 | 14.12 | 0.0 | -22.84 | 11.02 | -3.16 | -56.77 | 48.22 | -0.74 | -25.15 | -18.98 | -26.7 | -34.42 | -7.96 | -121.11 | -170.01 | 0.05 | -2.51 | -0.57 |
| 23Q3 (16) | 36.84 | 2.53 | 16.1 | 35.63 | 95.23 | 41.05 | 0 | 0 | 0 | 0 | 0 | 0 | 84.84 | -14.25 | -28.41 | 0.93 | -74.17 | -87.78 | 41.77 | -8.02 | -13.39 | 11.49 | 0.5 | 9.29 | 39.02 | 0.91 | -23.71 | 0.86 | 1.18 | -6.52 | 36.0 | 7.46 | -20.7 | 0.04 | -20.0 | -98.74 | 157.91 | 0.0 | 0.0 | 23.07 | 0.0 | 11.88 | 14.12 | 0.0 | -22.84 | 11.38 | 8.9 | -51.68 | 48.58 | 1.95 | -22.23 | -14.98 | 26.64 | -9.66 | -3.6 | 63.89 | -136.4 | 0.05 | -2.49 | -2.06 |
| 23Q2 (15) | 35.93 | 5.49 | 23.9 | 18.25 | 5.55 | -38.74 | 0 | 0 | 0 | 0 | 0 | 0 | 98.94 | 11.13 | -18.37 | 3.6 | 20.0 | -58.81 | 45.41 | 2.44 | -14.79 | 11.43 | 8.18 | -1.93 | 38.67 | -6.64 | -34.45 | 0.85 | -4.49 | -8.6 | 33.5 | -4.29 | -32.32 | 0.05 | -16.67 | -98.34 | 157.91 | 0.0 | 0.0 | 23.07 | 11.88 | 11.88 | 14.12 | -22.84 | -22.84 | 10.45 | -63.33 | -34.44 | 47.65 | -29.32 | -13.14 | -20.42 | -36.77 | -37.14 | -9.97 | -173.47 | -1049.52 | 0.05 | 7.59 | -5.23 |
| 23Q1 (14) | 34.06 | 7.51 | 32.07 | 17.29 | -28.85 | -26.89 | 0 | 0 | 0 | 0 | 0 | 0 | 89.03 | -1.94 | -14.66 | 3.0 | 3100.0 | -51.69 | 44.33 | -6.0 | -13.42 | 10.57 | -2.57 | -8.87 | 41.42 | -11.91 | -29.05 | 0.89 | -2.2 | -6.32 | 35.0 | -7.89 | -48.15 | 0.06 | -25.0 | -97.95 | 157.91 | 0.0 | 0.0 | 20.62 | 0.0 | 9.74 | 18.3 | 0.0 | 0.99 | 28.5 | 11.81 | 14.0 | 67.42 | 4.66 | 8.9 | -14.93 | -5.74 | -29.04 | 13.57 | 19.35 | 1.04 | 0.05 | -2.78 | -11.29 |
| 22Q4 (13) | 31.68 | -0.16 | 18.92 | 24.3 | -3.8 | -13.15 | 0 | 0 | 0 | 0 | 0 | 0 | 90.79 | -23.38 | -20.92 | -0.1 | -101.31 | -102.0 | 47.16 | -2.22 | -11.67 | 10.85 | 3.18 | -14.9 | 47.02 | -8.07 | -16.88 | 0.91 | -1.09 | -2.15 | 38.0 | -16.3 | -46.1 | 0.08 | -97.48 | -97.19 | 157.91 | 0.0 | 0.0 | 20.62 | 0.0 | 9.74 | 18.3 | 0.0 | 0.99 | 25.49 | 8.24 | 35.66 | 64.42 | 3.12 | 15.66 | -14.12 | -3.37 | 22.84 | 11.37 | 14.96 | 2220.41 | 0.05 | -3.98 | -12.07 |
| 22Q3 (12) | 31.73 | 9.41 | 1.28 | 25.26 | -15.21 | -34.66 | 0 | 0 | 0 | 0 | 0 | 0 | 118.5 | -2.23 | 1.4 | 7.61 | -12.93 | 8.56 | 48.23 | -9.5 | -6.8 | 10.51 | -9.82 | -24.24 | 51.15 | -13.29 | -10.11 | 0.92 | -1.08 | -2.13 | 45.4 | -8.28 | -32.74 | 3.18 | 5.65 | 2.58 | 157.91 | 0.0 | 0.0 | 20.62 | 0.0 | 9.74 | 18.3 | 0.0 | 0.99 | 23.55 | 47.74 | 68.45 | 62.47 | 13.87 | 22.78 | -13.66 | 8.26 | 29.88 | 9.89 | 841.9 | 279.82 | 0.05 | -5.65 | -11.13 |
| 22Q2 (11) | 29.0 | 12.45 | -7.2 | 29.79 | 25.96 | -15.75 | 0 | 0 | 0 | 0 | 0 | 0 | 121.2 | 16.18 | 14.78 | 8.74 | 40.74 | 87.55 | 53.29 | 4.08 | 17.43 | 11.66 | 0.53 | -10.9 | 58.99 | 1.04 | 28.66 | 0.93 | -2.11 | -2.11 | 49.5 | -26.67 | -26.67 | 3.01 | 2.73 | -3.83 | 157.91 | 0.0 | 0.0 | 20.62 | 9.74 | 9.74 | 18.3 | 0.99 | 0.99 | 15.94 | -36.24 | 128.69 | 54.86 | -11.39 | 25.05 | -14.89 | -28.69 | 25.59 | 1.05 | -92.18 | 108.05 | 0.05 | 0.72 | -10.91 |
| 22Q1 (10) | 25.79 | -3.19 | 8.5 | 23.65 | -15.48 | -15.35 | 0 | 0 | 0 | 0 | 0 | 0 | 104.32 | -9.14 | 27.8 | 6.21 | 24.45 | 233.87 | 51.2 | -4.1 | 45.58 | 11.59 | -9.03 | 5.16 | 58.38 | 3.2 | 35.99 | 0.95 | 2.15 | -3.06 | 67.5 | -4.26 | 0.0 | 2.93 | 2.81 | -9.01 | 157.91 | 0.0 | 0.0 | 18.79 | 0.0 | 4.8 | 18.12 | 0.0 | -5.72 | 25.0 | 33.05 | 139.69 | 61.91 | 11.15 | 30.12 | -11.57 | 36.78 | 36.67 | 13.43 | 2640.82 | 271.3 | 0.05 | -3.64 | -11.16 |
| 21Q4 (9) | 26.64 | -14.97 | 7.51 | 27.98 | -27.63 | 51.41 | 0 | 0 | 0 | 0 | 0 | 0 | 114.81 | -1.75 | 66.58 | 4.99 | -28.82 | 679.69 | 53.39 | 3.17 | 66.38 | 12.75 | -8.13 | 18.9 | 56.57 | -0.58 | 73.31 | 0.93 | -1.06 | -6.06 | 70.5 | 4.44 | 8.13 | 2.85 | -8.06 | -12.04 | 157.91 | 0.0 | 0.0 | 18.79 | 0.0 | 4.8 | 18.12 | 0.0 | -5.72 | 18.79 | 34.41 | 119.25 | 55.7 | 9.47 | 21.83 | -18.3 | 6.06 | -0.99 | 0.49 | 108.91 | 105.13 | 0.06 | -2.94 | -8.8 |
| 21Q3 (8) | 31.33 | 0.26 | 37.53 | 38.66 | 9.33 | 73.36 | 0 | 0 | 0 | 0 | 0 | 0 | 116.86 | 10.67 | 28.74 | 7.01 | 50.43 | 16.25 | 51.75 | 14.04 | 29.99 | 13.87 | 6.06 | 6.64 | 56.9 | 24.1 | 77.59 | 0.94 | -1.05 | -5.05 | 67.5 | 0.0 | 8.87 | 3.1 | -0.96 | -6.91 | 157.91 | 0.0 | 0.0 | 18.79 | 0.0 | 4.8 | 18.12 | 0.0 | -5.72 | 13.98 | 100.57 | 62.94 | 50.88 | 15.98 | 11.26 | -19.48 | 2.65 | 8.24 | -5.5 | 57.82 | 56.52 | 0.06 | -5.42 | -5.86 |
| 21Q2 (7) | 31.25 | 31.47 | 48.88 | 35.36 | 26.56 | 14.69 | 0 | 0 | 0 | 0 | 0 | 0 | 105.59 | 29.35 | 35.95 | 4.66 | 150.54 | 35.07 | 45.38 | 29.03 | 28.34 | 13.08 | 18.65 | 0 | 45.85 | 6.8 | 34.5 | 0.95 | -3.06 | -4.04 | 67.5 | 0.0 | -1.46 | 3.13 | -2.8 | -7.94 | 157.91 | 0.0 | 0.0 | 18.79 | 4.8 | 4.8 | 18.12 | -5.72 | -5.72 | 6.97 | -33.17 | 173.33 | 43.87 | -7.8 | 10.5 | -20.01 | -9.52 | 18.66 | -13.04 | -66.33 | 40.86 | 0.06 | 0.44 | -3.5 |
| 21Q1 (6) | 23.77 | -4.08 | 67.75 | 27.94 | 51.19 | -9.29 | 0 | 0 | 0 | 0 | 0 | 0 | 81.63 | 18.44 | 31.68 | 1.86 | 190.62 | 306.67 | 35.17 | 9.6 | -0.14 | 11.03 | 2.85 | 0 | 42.93 | 31.53 | 22.66 | 0.98 | -1.01 | -3.92 | 67.5 | 3.53 | -8.09 | 3.22 | -0.62 | -7.74 | 157.91 | 0.0 | 0.0 | 17.93 | 0.0 | 3.05 | 19.22 | 0.0 | 39.38 | 10.43 | 21.7 | 105.72 | 47.58 | 4.07 | 31.26 | -18.27 | -0.83 | 16.23 | -7.84 | 17.91 | 53.17 | 0.06 | -1.08 | -6.88 |
| 20Q4 (5) | 24.78 | 8.78 | 83.15 | 18.48 | -17.13 | -40.85 | 0 | 0 | 0 | 0 | 0 | 0 | 68.92 | -24.07 | -8.78 | 0.64 | -89.39 | 814.29 | 32.09 | -19.39 | -12.25 | 10.72 | -17.61 | 0 | 32.64 | 1.87 | -11.71 | 0.99 | 0.0 | -4.81 | 65.2 | 5.16 | -11.89 | 3.24 | -2.7 | -5.81 | 157.91 | 0.0 | 0.0 | 17.93 | 0.0 | 3.05 | 19.22 | 0.0 | 39.38 | 8.57 | -0.12 | 43.55 | 45.72 | -0.02 | 23.07 | -18.12 | 14.65 | 9.22 | -9.55 | 24.51 | 31.74 | 0.06 | 0.19 | -6.61 |
| 20Q3 (4) | 22.78 | 8.53 | 0.0 | 22.3 | -27.67 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 90.77 | 16.87 | 0.0 | 6.03 | 74.78 | 0.0 | 39.81 | 12.58 | 0.0 | 13.01 | 0 | 0.0 | 32.04 | -6.01 | 0.0 | 0.99 | 0.0 | 0.0 | 62.0 | -9.49 | 0.0 | 3.33 | -2.06 | 0.0 | 157.91 | 0.0 | 0.0 | 17.93 | 0.0 | 0.0 | 19.22 | 0.0 | 0.0 | 8.58 | 236.47 | 0.0 | 45.73 | 15.19 | 0.0 | -21.23 | 13.7 | 0.0 | -12.65 | 42.63 | 0.0 | 0.06 | -3.06 | 0.0 |
