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) | 38.59 | -30.76 | 22.5 | 417.24 | 0.58 | 314.29 | 0 | 0 | 857.67 | -10.57 | 49.75 | -45.22 | 81.39 | -7.44 | 9.49 | 3.5 | 85.78 | -5.78 | 11.5 | 2.68 | 34.52 | 37.48 | 4.24 | 0.71 | 98.75 | 12.0 | 64.76 | 16.12 | 10.54 | -58.81 | 68.29 | -24.47 | 143.59 | -16.42 | -11.27 | 0 | 57.02 | -28.62 | 0.08 | 8.06 |
| 2022 (9) | 55.73 | 45.89 | 4.35 | -93.1 | 0.14 | -62.16 | 0 | 0 | 959.03 | 36.32 | 90.82 | 99.96 | 87.93 | 2.47 | 9.17 | -24.83 | 91.04 | -2.89 | 11.2 | 42.86 | 25.11 | -11.99 | 4.21 | 4.99 | 88.17 | 0.0 | 55.77 | 8.8 | 25.59 | 22.91 | 90.42 | 96.86 | 171.79 | 45.56 | -10.54 | 0 | 79.88 | 292.72 | 0.07 | -20.89 |
| 2021 (8) | 38.2 | -19.02 | 63.01 | 80.18 | 0.37 | -52.56 | 0 | 0 | 703.5 | 2.02 | 45.42 | -6.91 | 85.81 | 15.93 | 12.20 | 13.64 | 93.75 | 17.64 | 7.84 | -7.33 | 28.53 | 214.21 | 4.01 | 6.08 | 88.17 | 0.0 | 51.26 | 9.62 | 20.82 | 66.96 | 45.93 | -0.84 | 118.02 | 11.81 | -25.59 | 0 | 20.34 | -20.24 | 0.09 | -15.01 |
| 2020 (7) | 47.17 | 16.82 | 34.97 | -4.51 | 0.78 | 0 | 0 | 0 | 689.6 | -6.72 | 48.79 | -21.7 | 74.02 | 11.49 | 10.73 | 19.53 | 79.69 | 11.11 | 8.46 | -1.05 | 9.08 | 13.78 | 3.78 | 1.07 | 88.17 | 20.01 | 46.76 | 13.91 | 12.47 | 97.31 | 46.32 | -19.11 | 105.55 | 0.87 | -20.82 | 0 | 25.5 | -43.07 | 0.10 | -8.01 |
| 2019 (6) | 40.38 | 25.68 | 36.62 | 248.43 | 0 | 0 | 0 | 0 | 739.3 | 14.62 | 62.31 | 18.39 | 66.39 | 8.52 | 8.98 | -5.33 | 71.72 | 15.31 | 8.55 | 3.64 | 7.98 | -19.23 | 3.74 | 0.54 | 73.47 | 10.0 | 41.05 | 14.7 | 6.32 | -28.02 | 57.26 | 5.24 | 104.64 | 5.72 | -12.47 | 0 | 44.79 | -6.86 | 0.11 | 2.03 |
| 2018 (5) | 32.13 | 58.43 | 10.51 | -47.11 | 0 | 0 | 0 | 0 | 644.98 | 10.0 | 52.63 | 19.75 | 61.18 | 19.26 | 9.49 | 8.41 | 62.2 | 4.41 | 8.25 | 8.27 | 9.88 | -39.13 | 3.72 | -4.62 | 66.79 | 0.0 | 35.79 | 13.98 | 8.78 | 0 | 54.41 | 16.39 | 98.98 | 26.65 | -6.32 | 0 | 48.09 | 26.65 | 0.11 | -2.58 |
| 2017 (4) | 20.28 | -18.88 | 19.87 | 43.88 | 0 | 0 | 0 | 0 | 586.33 | 0.88 | 43.95 | -1.3 | 51.3 | 10.42 | 8.75 | 9.46 | 59.57 | 4.8 | 7.62 | -5.34 | 16.23 | 13.89 | 3.9 | -5.34 | 66.79 | 0.0 | 31.4 | 15.44 | 0 | 0 | 46.75 | 11.44 | 78.15 | 13.0 | -8.78 | 0 | 37.97 | -13.31 | 0.11 | 9.11 |
| 2016 (3) | 25.0 | 5.31 | 13.81 | 5.99 | 0 | 0 | 0 | 0 | 581.22 | 4.15 | 44.53 | 5.07 | 46.46 | 23.43 | 7.99 | 18.51 | 56.84 | 5.2 | 8.05 | -3.48 | 14.25 | 0.78 | 4.12 | 2.49 | 66.79 | 11.99 | 27.2 | 17.95 | 0 | 0 | 41.95 | 1.4 | 69.16 | 7.32 | 1.85 | -70.26 | 43.8 | -7.96 | 0.10 | -12.66 |
| 2015 (2) | 23.74 | 25.54 | 13.03 | -34.13 | 0 | 0 | 0 | 0 | 558.04 | 17.1 | 42.38 | 37.29 | 37.64 | 1.07 | 6.75 | -13.69 | 54.03 | 3.25 | 8.34 | 40.64 | 14.14 | 3.97 | 4.02 | 11.36 | 59.64 | 3.01 | 23.06 | 11.56 | 0 | 0 | 41.37 | 72.73 | 64.44 | 38.91 | 6.22 | 61.56 | 47.59 | 71.19 | 0.12 | -5.51 |
| 2014 (1) | 18.91 | 19.46 | 19.78 | -11.46 | 0 | 0 | 0 | 0 | 476.54 | 24.92 | 30.87 | 34.57 | 37.24 | 33.0 | 7.81 | 6.47 | 52.33 | 29.37 | 5.93 | -3.58 | 13.6 | 1428.09 | 3.61 | 1.98 | 57.9 | 4.01 | 20.67 | 6.82 | 1.77 | -83.27 | 23.95 | 81.03 | 46.39 | 7.48 | 3.85 | 0 | 27.8 | 142.58 | 0.13 | -6.61 |
| 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) | 33.09 | 1.57 | -31.56 | 54.86 | 81.78 | -4.51 | 0 | 0 | -100.0 | 0 | 0 | 0 | 227.19 | 2.03 | -1.53 | 14.27 | -10.03 | -15.51 | 86.23 | -2.01 | 4.94 | 9.78 | -1.62 | 2.51 | 90.73 | -0.07 | 0.37 | 12.89 | 2.79 | 10.45 | 19.15 | -0.83 | -6.63 | 4.54 | -0.44 | 11.82 | 98.75 | 0.0 | 0.0 | 69.79 | 0.0 | 7.77 | 11.27 | 0.0 | 6.93 | 62.89 | 29.32 | 15.67 | 143.96 | 11.0 | 11.02 | -4.08 | -337.21 | -40900.0 | 58.81 | 16.8 | 8.15 | 0.07 | -2.79 | -3.85 |
| 24Q2 (19) | 32.58 | -3.38 | -24.51 | 30.18 | -19.05 | 91.62 | 0 | 0 | -100.0 | 0 | 0 | 0 | 222.67 | 8.01 | 7.8 | 15.86 | 24.78 | 32.5 | 88.0 | 7.49 | 3.03 | 9.94 | 5.53 | 3.51 | 90.79 | 1.82 | 1.87 | 12.54 | 7.82 | 14.0 | 19.31 | 5.06 | -8.31 | 4.56 | 0.88 | 11.76 | 98.75 | 0.0 | 0.0 | 69.79 | 7.77 | 7.77 | 11.27 | 6.93 | 6.93 | 48.63 | -39.96 | 29.75 | 129.69 | -17.02 | 14.99 | 1.72 | 212.42 | 121.23 | 50.35 | -36.64 | 71.38 | 0.07 | 17.23 | -5.09 |
| 24Q1 (18) | 33.72 | -12.62 | -33.0 | 37.28 | 65.69 | 135.06 | 0 | -100.0 | 0 | 0 | 0 | 0 | 206.16 | -8.52 | 5.71 | 12.71 | -5.15 | 69.69 | 81.87 | 0.59 | 5.71 | 9.42 | -0.7 | 13.17 | 89.17 | 3.95 | -0.52 | 11.63 | 1.13 | 11.08 | 18.38 | -46.76 | -3.77 | 4.52 | 6.6 | 9.18 | 98.75 | 0.0 | 12.0 | 64.76 | 0.0 | 16.12 | 10.54 | 0.0 | -58.81 | 81.0 | 18.61 | -17.28 | 156.3 | 8.85 | -12.82 | -1.53 | 86.42 | 87.26 | 79.47 | 39.37 | -7.5 | 0.06 | -16.3 | 7.98 |
| 23Q4 (17) | 38.59 | -20.19 | -30.76 | 22.5 | -60.84 | 417.24 | 0.58 | -1.69 | 314.29 | 0 | 0 | 0 | 225.35 | -2.33 | -1.43 | 13.4 | -20.66 | -21.36 | 81.39 | -0.95 | -7.44 | 9.49 | -0.57 | 3.5 | 85.78 | -5.11 | -5.78 | 11.5 | -1.46 | 2.68 | 34.52 | 68.31 | 37.48 | 4.24 | 4.43 | 0.71 | 98.75 | 0.0 | 12.0 | 64.76 | 0.0 | 16.12 | 10.54 | 0.0 | -58.81 | 68.29 | 25.6 | -24.47 | 143.59 | 10.73 | -16.42 | -11.27 | -112800.0 | -6.93 | 57.02 | 4.85 | -28.62 | 0.08 | 0.81 | 8.06 |
| 23Q3 (16) | 48.35 | 12.03 | 9.76 | 57.45 | 264.76 | 56.88 | 0.59 | 3.51 | 293.33 | 0 | 0 | 0 | 230.73 | 11.7 | -10.85 | 16.89 | 41.1 | -37.95 | 82.17 | -3.79 | -20.53 | 9.54 | -0.66 | -15.3 | 90.4 | 1.44 | -10.6 | 11.67 | 6.09 | 6.77 | 20.51 | -2.61 | 8.58 | 4.06 | -0.49 | -0.73 | 98.75 | 0.0 | 12.0 | 64.76 | 0.0 | 16.12 | 10.54 | 0.0 | -58.81 | 54.37 | 45.06 | -26.8 | 129.67 | 14.98 | -16.69 | 0.01 | 100.12 | 100.36 | 54.38 | 85.09 | -23.93 | 0.08 | -4.05 | 4.46 |
| 23Q2 (15) | 43.16 | -14.25 | 14.88 | 15.75 | -0.69 | -48.78 | 0.57 | 0 | 307.14 | 0 | 0 | 0 | 206.56 | 5.91 | -16.59 | 11.97 | 59.81 | -53.66 | 85.41 | 10.28 | -9.8 | 9.61 | 15.37 | -20.38 | 89.12 | -0.58 | -9.25 | 11.0 | 5.06 | 16.03 | 21.06 | 10.26 | 3.03 | 4.08 | -1.45 | 0.74 | 98.75 | 12.0 | 12.0 | 64.76 | 16.12 | 16.12 | 10.54 | -58.81 | -58.81 | 37.48 | -61.72 | -20.36 | 112.78 | -37.09 | -12.19 | -8.1 | 32.56 | 44.67 | 29.38 | -65.8 | -9.38 | 0.08 | 33.38 | 8.15 |
| 23Q1 (14) | 50.33 | -9.69 | 10.42 | 15.86 | 264.6 | -78.38 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 195.03 | -14.7 | -12.91 | 7.49 | -56.04 | -63.87 | 77.45 | -11.92 | -17.62 | 8.33 | -9.18 | -34.98 | 89.64 | -1.54 | -3.81 | 10.47 | -6.52 | 23.91 | 19.1 | -23.93 | 44.92 | 4.14 | -1.66 | 1.22 | 88.17 | 0.0 | 0.0 | 55.77 | 0.0 | 8.8 | 25.59 | 0.0 | 22.91 | 97.92 | 8.29 | 46.89 | 179.28 | 4.36 | 29.21 | -12.01 | -13.95 | 38.28 | 85.91 | 7.55 | 82.01 | 0.06 | -16.24 | -5.46 |
| 22Q4 (13) | 55.73 | 26.52 | 45.89 | 4.35 | -88.12 | -93.1 | 0.14 | -6.67 | -62.16 | 0 | 0 | 0 | 228.63 | -11.66 | 22.1 | 17.04 | -37.4 | 5.64 | 87.93 | -14.96 | 2.47 | 9.17 | -18.63 | -24.83 | 91.04 | -9.97 | -2.89 | 11.2 | 2.47 | 42.86 | 25.11 | 32.93 | -11.99 | 4.21 | 2.93 | 4.99 | 88.17 | 0.0 | 0.0 | 55.77 | 0.0 | 8.8 | 25.59 | 0.0 | 22.91 | 90.42 | 21.73 | 96.86 | 171.79 | 10.37 | 45.56 | -10.54 | -277.78 | 58.81 | 79.88 | 11.74 | 292.72 | 0.07 | -2.54 | -20.89 |
| 22Q3 (12) | 44.05 | 17.25 | 15.62 | 36.62 | 19.09 | -33.66 | 0.15 | 7.14 | -59.46 | 0 | 0 | 0 | 258.81 | 4.51 | 105.57 | 27.22 | 5.38 | 760.68 | 103.4 | 9.2 | 190.29 | 11.27 | -6.62 | 119.05 | 101.12 | 2.97 | 11.4 | 10.93 | 15.3 | 41.95 | 18.89 | -7.58 | 38.9 | 4.09 | 0.99 | 4.87 | 88.17 | 0.0 | 0.0 | 55.77 | 0.0 | 8.8 | 25.59 | 0.0 | 22.91 | 74.28 | 57.84 | 146.45 | 155.65 | 21.19 | 52.27 | -2.79 | 80.94 | 88.78 | 71.49 | 120.51 | 1256.55 | 0.07 | -0.67 | -23.09 |
| 22Q2 (11) | 37.57 | -17.57 | 37.57 | 30.75 | -58.08 | 16.52 | 0.14 | 0.0 | -62.16 | 0 | 0 | 0 | 247.63 | 10.57 | 25.71 | 25.83 | 24.6 | 51.85 | 94.69 | 0.72 | 15.56 | 12.07 | -5.78 | 8.91 | 98.2 | 5.38 | 30.05 | 9.48 | 12.19 | 17.18 | 20.44 | 55.08 | 38.11 | 4.05 | -0.98 | 6.86 | 88.17 | 0.0 | 0.0 | 55.77 | 8.8 | 19.27 | 25.59 | 22.91 | 105.21 | 47.06 | -29.4 | -40.97 | 128.43 | -7.44 | -7.58 | -14.64 | 24.77 | 41.18 | 32.42 | -31.31 | -40.87 | 0.07 | 16.59 | -1.72 |
| 22Q1 (10) | 45.58 | 19.32 | -1.26 | 73.36 | 16.43 | 97.74 | 0.14 | -62.16 | -82.05 | 0 | 0 | 0 | 223.95 | 19.6 | 15.81 | 20.73 | 28.52 | 26.4 | 94.01 | 9.56 | 24.2 | 12.81 | 4.99 | 18.74 | 93.19 | -0.6 | 17.06 | 8.45 | 7.78 | 6.83 | 13.18 | -53.8 | 26.73 | 4.09 | 2.0 | 6.23 | 88.17 | 0.0 | 0.0 | 51.26 | 0.0 | 9.62 | 20.82 | 0.0 | 66.96 | 66.66 | 45.13 | 6.3 | 138.75 | 17.56 | 13.78 | -19.46 | 23.95 | 6.93 | 47.2 | 132.06 | 12.92 | 0.06 | -29.91 | -14.14 |
| 21Q4 (9) | 38.2 | 0.26 | -19.02 | 63.01 | 14.15 | 80.18 | 0.37 | 0.0 | -52.56 | 0 | 0 | 0 | 187.25 | 48.73 | 6.27 | 16.13 | 491.5 | 33.31 | 85.81 | 140.9 | 15.93 | 12.20 | 137.12 | 13.64 | 93.75 | 3.28 | 17.64 | 7.84 | 1.82 | -7.33 | 28.53 | 109.78 | 214.21 | 4.01 | 2.82 | 6.08 | 88.17 | 0.0 | 0.0 | 51.26 | 0.0 | 9.62 | 20.82 | 0.0 | 66.96 | 45.93 | 52.39 | -0.84 | 118.02 | 15.46 | 11.81 | -25.59 | -2.9 | -22.91 | 20.34 | 285.96 | -20.24 | 0.09 | -5.25 | -15.01 |
| 21Q3 (8) | 38.1 | 39.51 | -0.88 | 55.2 | 109.17 | 33.69 | 0.37 | 0.0 | 0 | 0 | 0 | 0 | 125.9 | -36.08 | -27.22 | -4.12 | -124.22 | -128.36 | 35.62 | -56.53 | -49.22 | 5.14 | -53.57 | -48.42 | 90.77 | 20.21 | 37.72 | 7.7 | -4.82 | -9.84 | 13.6 | -8.11 | 35.05 | 3.9 | 2.9 | 4.56 | 88.17 | 0.0 | 0.0 | 51.26 | 9.62 | 9.62 | 20.82 | 66.96 | 66.96 | 30.14 | -62.19 | -20.68 | 102.22 | -26.44 | 5.12 | -24.87 | 0.08 | -37.56 | 5.27 | -90.39 | -73.54 | 0.09 | 26.92 | -12.7 |
| 21Q2 (7) | 27.31 | -40.84 | -8.17 | 26.39 | -28.87 | -10.84 | 0.37 | -52.56 | 0 | 0 | 0 | 0 | 196.98 | 1.87 | 23.72 | 17.01 | 3.72 | 80.19 | 81.94 | 8.26 | 43.4 | 11.08 | 2.73 | 0 | 75.51 | -5.15 | 5.3 | 8.09 | 2.28 | -4.26 | 14.8 | 42.31 | 74.32 | 3.79 | -1.56 | -0.79 | 88.17 | 0.0 | 0.0 | 46.76 | 0.0 | 0.0 | 12.47 | 0.0 | 0.0 | 79.72 | 27.12 | 239.67 | 138.96 | 13.95 | 68.01 | -24.89 | -19.03 | -55.76 | 54.83 | 31.17 | 632.04 | 0.07 | 1.86 | -29.09 |
| 21Q1 (6) | 46.16 | -2.14 | -4.55 | 37.1 | 6.09 | -27.14 | 0.78 | 0.0 | 0 | 0 | 0 | 0 | 193.37 | 9.74 | 6.72 | 16.4 | 35.54 | 28.93 | 75.69 | 2.26 | 24.12 | 10.79 | 0.48 | 0 | 79.61 | -0.1 | 4.08 | 7.91 | -6.5 | -6.39 | 10.4 | 14.54 | 20.23 | 3.85 | 1.85 | 1.85 | 88.17 | 0.0 | 20.01 | 46.76 | 0.0 | 13.91 | 12.47 | 0.0 | 97.31 | 62.71 | 35.38 | -10.4 | 121.95 | 15.54 | 3.91 | -20.91 | -0.43 | -72.24 | 41.8 | 63.92 | -27.74 | 0.07 | -30.62 | -18.86 |
| 20Q4 (5) | 47.17 | 22.71 | 16.82 | 34.97 | -15.31 | -4.51 | 0.78 | 0 | 0 | 0 | 0 | 0 | 176.2 | 1.86 | -7.23 | 12.1 | -16.72 | -6.85 | 74.02 | 5.53 | 11.49 | 10.73 | 7.63 | 0 | 79.69 | 20.91 | 11.11 | 8.46 | -0.94 | -1.05 | 9.08 | -9.83 | 13.78 | 3.78 | 1.34 | 1.07 | 88.17 | 0.0 | 20.01 | 46.76 | 0.0 | 13.91 | 12.47 | 0.0 | 97.31 | 46.32 | 21.89 | -19.11 | 105.55 | 8.55 | 0.87 | -20.82 | -15.15 | -66.96 | 25.5 | 28.01 | -43.07 | 0.10 | -2.67 | -8.01 |
| 20Q3 (4) | 38.44 | 29.25 | 0.0 | 41.29 | 39.49 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 172.99 | 8.66 | 0.0 | 14.53 | 53.92 | 0.0 | 70.14 | 22.75 | 0.0 | 9.97 | 0 | 0.0 | 65.91 | -8.09 | 0.0 | 8.54 | 1.07 | 0.0 | 10.07 | 18.61 | 0.0 | 3.73 | -2.36 | 0.0 | 88.17 | 0.0 | 0.0 | 46.76 | 0.0 | 0.0 | 12.47 | 0.0 | 0.0 | 38.0 | 61.91 | 0.0 | 97.24 | 17.57 | 0.0 | -18.08 | -13.14 | 0.0 | 19.92 | 165.95 | 0.0 | 0.11 | 3.08 | 0.0 |
