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) | 24.49 | 20.23 | 0.55 | 41.03 | 0.08 | 0 | 0 | 0 | 82.72 | 0.72 | 10.72 | 5.2 | 12.43 | 6.79 | 15.03 | 6.03 | 12.98 | 11.32 | 12.79 | 3.56 | 1.12 | 0 | 1.51 | -1.95 | 22.11 | 0.0 | 9.4 | 13.12 | 1.16 | 0.0 | 25.86 | 6.07 | 36.41 | 7.59 | 0.23 | 0 | 26.09 | 8.3 | 0.01 | -10.4 |
| 2022 (9) | 20.37 | 10.17 | 0.39 | 85.71 | 0 | 0 | 0 | 0 | 82.13 | 8.51 | 10.19 | 0.89 | 11.64 | -10.32 | 14.17 | -17.36 | 11.66 | 22.61 | 12.35 | 2.4 | 0 | 0 | 1.54 | -6.67 | 22.11 | 0.0 | 8.31 | 13.84 | 1.16 | 0.0 | 24.38 | 8.4 | 33.84 | 9.34 | -0.29 | 0 | 24.09 | 7.93 | 0.01 | -15.63 |
| 2021 (8) | 18.49 | -1.91 | 0.21 | 0 | 0 | 0 | 0 | 0 | 75.69 | 14.2 | 10.1 | 13.1 | 12.98 | 13.86 | 17.15 | -0.3 | 9.51 | 42.15 | 12.06 | -8.5 | 0 | 0 | 1.65 | 52.78 | 22.11 | 0.0 | 7.3 | 14.06 | 1.16 | 0.0 | 22.49 | 10.3 | 30.95 | 10.73 | -0.17 | 0 | 22.32 | 12.22 | 0.01 | 0 |
| 2020 (7) | 18.85 | 39.22 | 0 | 0 | 0 | 0 | 0 | 0 | 66.28 | 5.22 | 8.93 | 0.45 | 11.4 | -0.61 | 17.20 | -5.54 | 6.69 | 25.05 | 13.18 | 1.07 | 0.16 | 0 | 1.08 | 17.39 | 22.11 | 0.0 | 6.4 | 16.15 | 1.16 | 0.0 | 20.39 | 12.4 | 27.95 | 12.66 | -0.5 | 0 | 19.89 | 14.71 | 0.00 | 0 |
| 2019 (6) | 13.54 | 35.26 | 0.02 | 100.0 | 0 | 0 | 0 | 0 | 62.99 | 5.23 | 8.89 | 11.12 | 11.47 | 3.61 | 18.21 | -1.54 | 5.35 | 2.88 | 13.04 | 0.69 | 0 | 0 | 0.92 | -4.17 | 22.11 | 0.0 | 5.51 | 16.99 | 1.16 | 0.0 | 18.14 | 13.45 | 24.81 | 13.49 | -0.8 | 0 | 17.34 | 15.29 | 0.00 | 0 |
| 2018 (5) | 10.01 | 5.59 | 0.01 | -50.0 | 0 | 0 | 0 | 0 | 59.86 | 6.06 | 8.0 | 11.11 | 11.07 | -2.29 | 18.49 | -7.88 | 5.2 | 2.97 | 12.95 | 0.7 | 0 | 0 | 0.96 | -1.03 | 22.11 | 0.0 | 4.71 | 18.05 | 1.16 | 0.0 | 15.99 | 11.04 | 21.86 | 11.82 | -0.95 | 0 | 15.04 | 9.14 | 0.00 | 0 |
| 2017 (4) | 9.48 | -8.85 | 0.02 | 100.0 | 0 | 0 | 0 | 0 | 56.44 | 0.77 | 7.2 | 2.71 | 11.33 | 7.29 | 20.07 | 6.47 | 5.05 | 1.61 | 12.86 | 4.3 | 0 | 0 | 0.97 | -5.83 | 22.11 | 0.0 | 3.99 | 21.28 | 1.16 | 0.0 | 14.4 | 7.62 | 19.55 | 9.59 | -0.62 | 0 | 13.78 | 8.68 | 0.00 | 0 |
| 2016 (3) | 10.4 | 9.47 | 0.01 | 0 | 0 | 0 | 0 | 0 | 56.01 | 8.78 | 7.01 | 35.59 | 10.56 | 0.67 | 18.85 | -7.46 | 4.97 | -7.62 | 12.33 | 1.4 | 0 | 0 | 1.03 | 0.98 | 22.11 | -20.01 | 3.29 | 18.35 | 1.16 | 0.0 | 13.38 | 25.28 | 17.84 | 22.11 | -0.7 | 0 | 12.68 | 18.17 | 0.00 | 0 |
| 2015 (2) | 9.5 | -7.05 | 0 | 0 | 0.43 | -38.57 | 0 | 0 | 51.49 | 6.12 | 5.17 | -4.08 | 10.49 | 3.45 | 20.37 | -2.52 | 5.38 | 30.9 | 12.16 | -6.96 | 0 | 0 | 1.02 | 13.33 | 27.64 | 0.0 | 2.78 | 24.11 | 1.16 | 0.0 | 10.68 | 10.22 | 14.61 | 11.61 | 0.05 | -92.86 | 10.73 | 3.27 | 0.00 | 0 |
| 2014 (1) | 10.22 | 31.36 | 0 | 0 | 0.7 | 133.33 | 0 | 0 | 48.52 | 8.18 | 5.39 | 12.76 | 10.14 | 16.28 | 20.90 | 7.49 | 4.11 | -4.42 | 13.07 | 8.65 | 0.43 | -71.9 | 0.9 | -3.23 | 27.64 | 0.0 | 2.24 | 27.27 | 1.16 | 0.0 | 9.69 | 19.93 | 13.09 | 19.0 | 0.7 | 204.35 | 10.39 | 25.03 | 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) | 19.9 | 29.14 | 2.05 | 0.52 | 6.12 | -5.45 | 0.08 | 0.0 | 0 | 0 | 0 | 0 | 24.63 | 7.18 | 15.42 | 3.35 | 8.77 | 5.35 | 13.3 | 5.64 | 17.39 | 14.03 | 1.97 | 0.67 | 15.38 | 13.42 | 36.71 | 12.77 | -5.69 | -1.62 | 3.06 | 183.33 | 0 | 1.56 | -0.64 | 4.7 | 22.11 | 0.0 | 0.0 | 10.47 | 0.0 | 11.38 | 1.16 | 0.0 | 0.0 | 26.19 | 14.67 | 16.76 | 37.82 | 9.72 | 14.68 | 0.93 | -42.94 | 82.35 | 27.12 | 10.83 | 18.22 | 0.01 | -4.22 | -15.52 |
| 24Q2 (19) | 15.41 | -41.0 | -33.69 | 0.49 | 6.52 | 75.0 | 0.08 | 0.0 | 0 | 0 | 0 | 0 | 22.98 | -4.88 | 21.52 | 3.08 | -13.48 | 57.95 | 12.59 | 9.38 | 20.71 | 13.76 | 4.52 | 4.97 | 13.56 | 9.18 | 32.04 | 13.54 | 2.11 | 6.7 | 1.08 | -1.82 | 0 | 1.57 | 0.64 | 3.29 | 22.11 | 0.0 | 0.0 | 10.47 | 11.38 | 11.38 | 1.16 | 0.0 | 0.0 | 22.84 | 9.65 | 18.65 | 34.47 | 9.81 | 15.67 | 1.63 | 18.98 | 4175.0 | 24.47 | 10.23 | 27.38 | 0.01 | -9.47 | -19.22 |
| 24Q1 (18) | 26.12 | 6.66 | 29.56 | 0.46 | -16.36 | 15.0 | 0.08 | 0.0 | 0 | 0 | 0 | 0 | 24.16 | 4.86 | 24.34 | 3.56 | 4.4 | 62.56 | 11.51 | -7.4 | 13.62 | 13.16 | -12.41 | 4.76 | 12.42 | -4.31 | 21.41 | 13.26 | 3.67 | 6.85 | 1.1 | -1.79 | 0 | 1.56 | 3.31 | 2.63 | 22.11 | 0.0 | 0.0 | 9.4 | 0.0 | 13.12 | 1.16 | 0.0 | 0.0 | 20.83 | -19.45 | -21.57 | 31.39 | -13.79 | -12.88 | 1.37 | 495.65 | 905.88 | 22.2 | -14.91 | -15.88 | 0.01 | 2.79 | -2.42 |
| 23Q4 (17) | 24.49 | 25.59 | 20.23 | 0.55 | 0.0 | 41.03 | 0.08 | 0 | 0 | 0 | 0 | 0 | 23.04 | 7.97 | 6.52 | 3.41 | 7.23 | 31.66 | 12.43 | 9.71 | 6.79 | 15.03 | 7.84 | 6.03 | 12.98 | 15.38 | 11.32 | 12.79 | -1.46 | 3.56 | 1.12 | 0 | 0 | 1.51 | 1.34 | -1.95 | 22.11 | 0.0 | 0.0 | 9.4 | 0.0 | 13.12 | 1.16 | 0.0 | 0.0 | 25.86 | 15.29 | 6.07 | 36.41 | 10.4 | 7.59 | 0.23 | -54.9 | 179.31 | 26.09 | 13.73 | 8.3 | 0.01 | -5.22 | -10.4 |
| 23Q3 (16) | 19.5 | -16.09 | 4.33 | 0.55 | 96.43 | 71.88 | 0 | 0 | 0 | 0 | 0 | 0 | 21.34 | 12.85 | 8.77 | 3.18 | 63.08 | 26.69 | 11.33 | 8.63 | 16.92 | 13.93 | 6.33 | 19.96 | 11.25 | 9.54 | -5.86 | 12.98 | 2.29 | -0.61 | 0 | 0 | 0 | 1.49 | -1.97 | -3.87 | 22.11 | 0.0 | 0.0 | 9.4 | 0.0 | 13.12 | 1.16 | 0.0 | 0.0 | 22.43 | 16.52 | 3.84 | 32.98 | 10.67 | 6.15 | 0.51 | 1375.0 | 10.87 | 22.94 | 19.42 | 3.99 | 0.01 | -8.42 | -16.35 |
| 23Q2 (15) | 23.24 | 15.28 | -3.49 | 0.28 | -30.0 | -28.21 | 0 | 0 | 0 | 0 | 0 | 0 | 18.91 | -2.68 | -5.21 | 1.95 | -10.96 | -4.88 | 10.43 | 2.96 | -0.95 | 13.10 | 4.31 | 0.08 | 10.27 | 0.39 | -6.89 | 12.69 | 2.26 | -0.86 | 0 | 0 | 0 | 1.52 | 0.0 | -3.8 | 22.11 | 0.0 | 0.0 | 9.4 | 13.12 | 13.12 | 1.16 | 0.0 | 0.0 | 19.25 | -27.52 | 0.84 | 29.8 | -17.29 | 4.34 | -0.04 | 76.47 | -500.0 | 19.21 | -27.21 | 0.58 | 0.01 | 9.36 | -16.45 |
| 23Q1 (14) | 20.16 | -1.03 | -6.32 | 0.4 | 2.56 | 110.53 | 0 | 0 | 0 | 0 | 0 | 0 | 19.43 | -10.17 | -7.17 | 2.19 | -15.44 | -27.72 | 10.13 | -12.97 | -1.27 | 12.56 | -11.35 | -5.21 | 10.23 | -12.26 | 3.96 | 12.41 | 0.49 | -1.59 | 0 | 0 | 0 | 1.52 | -1.3 | -6.75 | 22.11 | 0.0 | 0.0 | 8.31 | 0.0 | 13.84 | 1.16 | 0.0 | 0.0 | 26.56 | 8.94 | 4.03 | 36.03 | 6.47 | 6.03 | -0.17 | 41.38 | -154.84 | 26.39 | 9.55 | 2.13 | 0.01 | -5.61 | -19.09 |
| 22Q4 (13) | 20.37 | 8.99 | 10.17 | 0.39 | 21.88 | 85.71 | 0 | 0 | 0 | 0 | 0 | 0 | 21.63 | 10.24 | -5.63 | 2.59 | 3.19 | -9.76 | 11.64 | 20.12 | -10.32 | 14.17 | 22.01 | -17.36 | 11.66 | -2.43 | 22.61 | 12.35 | -5.44 | 2.4 | 0 | 0 | 0 | 1.54 | -0.65 | -6.67 | 22.11 | 0.0 | 0.0 | 8.31 | 0.0 | 13.84 | 1.16 | 0.0 | 0.0 | 24.38 | 12.87 | 8.4 | 33.84 | 8.92 | 9.34 | -0.29 | -163.04 | -70.59 | 24.09 | 9.2 | 7.93 | 0.01 | -11.51 | -15.63 |
| 22Q3 (12) | 18.69 | -22.38 | 26.8 | 0.32 | -17.95 | -17.95 | 0 | 0 | 0 | 0 | 0 | 0 | 19.62 | -1.65 | 18.05 | 2.51 | 22.44 | 11.56 | 9.69 | -7.98 | 14.54 | 11.62 | -11.29 | 0.71 | 11.95 | 8.34 | 23.45 | 13.06 | 2.03 | 7.31 | 0 | 0 | 0 | 1.55 | -1.9 | -8.28 | 22.11 | 0.0 | 0.0 | 8.31 | 0.0 | 13.84 | 1.16 | 0.0 | 0.0 | 21.6 | 13.15 | 9.87 | 31.07 | 8.79 | 10.53 | 0.46 | 4500.0 | 180.7 | 22.06 | 15.5 | 15.56 | 0.01 | -8.53 | -11.74 |
| 22Q2 (11) | 24.08 | 11.9 | 19.86 | 0.39 | 105.26 | 225.0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.95 | -4.68 | 17.77 | 2.05 | -32.34 | -0.49 | 10.53 | 2.63 | 38.92 | 13.09 | -1.21 | 25.31 | 11.03 | 12.09 | 38.05 | 12.8 | 1.51 | 8.57 | 0 | 0 | -100.0 | 1.58 | -3.07 | 47.66 | 22.11 | 0.0 | 0.0 | 8.31 | 13.84 | 13.84 | 1.16 | 0.0 | 0.0 | 19.09 | -25.23 | 9.65 | 28.56 | -15.95 | 10.44 | 0.01 | -96.77 | 102.27 | 19.1 | -26.08 | 12.55 | 0.01 | 5.91 | 0 |
| 22Q1 (10) | 21.52 | 16.39 | -3.11 | 0.19 | -9.52 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20.93 | -8.68 | 8.95 | 3.03 | 5.57 | 3.41 | 10.26 | -20.96 | 16.06 | 13.25 | -22.71 | 4.23 | 9.84 | 3.47 | 41.79 | 12.61 | 4.56 | 0.72 | 0 | 0 | -100.0 | 1.63 | -1.21 | 52.34 | 22.11 | 0.0 | 0.0 | 7.3 | 0.0 | 14.06 | 1.16 | 0.0 | 0.0 | 25.53 | 13.52 | 9.52 | 33.98 | 9.79 | 10.07 | 0.31 | 282.35 | 135.23 | 25.84 | 15.77 | 15.2 | 0.01 | -1.58 | 0 |
| 21Q4 (9) | 18.49 | 25.44 | -1.91 | 0.21 | -46.15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22.92 | 37.91 | 11.37 | 2.87 | 27.56 | -16.81 | 12.98 | 53.43 | 13.86 | 17.15 | 48.68 | -0.3 | 9.51 | -1.76 | 42.15 | 12.06 | -0.9 | -8.5 | 0 | 0 | -100.0 | 1.65 | -2.37 | 52.78 | 22.11 | 0.0 | 0.0 | 7.3 | 0.0 | 14.06 | 1.16 | 0.0 | 0.0 | 22.49 | 14.39 | 10.3 | 30.95 | 10.1 | 10.73 | -0.17 | 70.18 | 66.0 | 22.32 | 16.92 | 12.22 | 0.01 | -7.43 | 0 |
| 21Q3 (8) | 14.74 | -26.63 | -1.73 | 0.39 | 225.0 | 1200.0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.62 | -1.89 | 5.12 | 2.25 | 9.22 | -2.6 | 8.46 | 11.61 | 6.68 | 11.53 | 10.38 | -3.99 | 9.68 | 21.15 | 28.38 | 12.17 | 3.22 | -1.62 | 0 | -100.0 | -100.0 | 1.69 | 57.94 | 56.48 | 22.11 | 0.0 | 0.0 | 7.3 | 0.0 | 14.06 | 1.16 | 0.0 | 0.0 | 19.66 | 12.92 | 16.54 | 28.11 | 8.7 | 15.06 | -0.57 | -29.55 | 50.86 | 19.09 | 12.49 | 21.51 | 0.01 | 0 | 0 |
| 21Q2 (7) | 20.09 | -9.55 | 22.35 | 0.12 | 0 | 500.0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.94 | -11.82 | 21.7 | 2.06 | -29.69 | 34.64 | 7.58 | -14.25 | 6.61 | 10.45 | -17.82 | 0 | 7.99 | 15.13 | 43.71 | 11.79 | -5.83 | -4.92 | 0.16 | 0.0 | 0.0 | 1.07 | 0.0 | 16.3 | 22.11 | 0.0 | 0.0 | 7.3 | 14.06 | 14.06 | 1.16 | 0.0 | 0.0 | 17.41 | -25.31 | 19.57 | 25.86 | -16.23 | 16.91 | -0.44 | 50.0 | 64.8 | 16.97 | -24.34 | 27.5 | 0.00 | 0 | 0 |
| 21Q1 (6) | 22.21 | 17.82 | 29.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.21 | -6.66 | 20.29 | 2.93 | -15.07 | 78.66 | 8.84 | -22.46 | 18.82 | 12.72 | -26.07 | 0 | 6.94 | 3.74 | 20.28 | 12.52 | -5.01 | 1.13 | 0.16 | 0.0 | 0.0 | 1.07 | -0.93 | 16.3 | 22.11 | 0.0 | 0.0 | 6.4 | 0.0 | 16.15 | 1.16 | 0.0 | 0.0 | 23.31 | 14.32 | 17.85 | 30.87 | 10.45 | 16.71 | -0.88 | -76.0 | 27.87 | 22.43 | 12.77 | 20.85 | 0.00 | 0 | 0 |
| 20Q4 (5) | 18.85 | 25.67 | 39.22 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 20.58 | 30.17 | 1.33 | 3.45 | 49.35 | -3.09 | 11.4 | 43.76 | -0.61 | 17.20 | 43.17 | 0 | 6.69 | -11.27 | 25.05 | 13.18 | 6.55 | 1.07 | 0.16 | 0.0 | 0 | 1.08 | 0.0 | 17.39 | 22.11 | 0.0 | 0.0 | 6.4 | 0.0 | 16.15 | 1.16 | 0.0 | 0.0 | 20.39 | 20.87 | 12.4 | 27.95 | 14.41 | 12.66 | -0.5 | 56.9 | 37.5 | 19.89 | 26.61 | 14.71 | 0.00 | 0 | 0 |
| 20Q3 (4) | 15.0 | -8.65 | 0.0 | 0.03 | 50.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 15.81 | 13.58 | 0.0 | 2.31 | 50.98 | 0.0 | 7.93 | 11.53 | 0.0 | 12.01 | 0 | 0.0 | 7.54 | 35.61 | 0.0 | 12.37 | -0.24 | 0.0 | 0.16 | 0.0 | 0.0 | 1.08 | 17.39 | 0.0 | 22.11 | 0.0 | 0.0 | 6.4 | 0.0 | 0.0 | 1.16 | 0.0 | 0.0 | 16.87 | 15.87 | 0.0 | 24.43 | 10.44 | 0.0 | -1.16 | 7.2 | 0.0 | 15.71 | 18.03 | 0.0 | 0.00 | 0 | 0.0 |
