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) | 46.9 | -8.99 | 1.25 | -84.94 | 18.92 | -19.86 | 0 | 0 | 170.74 | 11.18 | 25.91 | 0.47 | 17.95 | 0.67 | 10.51 | -9.45 | 5.25 | -6.91 | 45.05 | 5.9 | 29.66 | 65.51 | 4.6 | -4.56 | 45.12 | 0.0 | 44.86 | 6.3 | 0.91 | 506.67 | 27.25 | -0.62 | 73.02 | 4.66 | -0.56 | 0 | 26.69 | 0.68 | 0.04 | -6.83 |
| 2022 (9) | 51.53 | 10.46 | 8.3 | 66.0 | 23.61 | 105.3 | 0 | 0 | 153.57 | 8.65 | 25.79 | 2.06 | 17.83 | 21.21 | 11.61 | 11.57 | 5.64 | 4.44 | 42.54 | 2.48 | 17.92 | -11.98 | 4.82 | 32.78 | 45.12 | 0.0 | 42.2 | 6.27 | 0.15 | -85.0 | 27.42 | 9.5 | 69.77 | 6.11 | -0.91 | 0 | 26.51 | 6.51 | 0.04 | 14.18 |
| 2021 (8) | 46.65 | -15.34 | 5.0 | -68.75 | 11.5 | 777.86 | 0 | 0 | 141.35 | 3.13 | 25.27 | 5.78 | 14.71 | 11.95 | 10.41 | 8.55 | 5.4 | 13.21 | 41.51 | 13.69 | 20.36 | 8.01 | 3.63 | -5.47 | 45.12 | 0.0 | 39.71 | 6.15 | 1.0 | 69.49 | 25.04 | 0.04 | 65.75 | 4.33 | -0.15 | 0 | 24.89 | 3.58 | 0.03 | -13.05 |
| 2020 (7) | 55.1 | -12.76 | 16.0 | -57.56 | 1.31 | -28.8 | 0 | 0 | 137.06 | 2.19 | 23.89 | 11.79 | 13.14 | 10.42 | 9.59 | 8.05 | 4.77 | 35.9 | 36.51 | 7.1 | 18.85 | 1035.54 | 3.84 | -8.35 | 45.12 | 0.0 | 37.41 | 6.04 | 0.59 | -65.5 | 25.03 | 18.46 | 63.02 | 8.45 | -1.0 | 0 | 24.03 | 16.99 | 0.04 | -1.39 |
| 2019 (6) | 63.16 | 25.77 | 37.7 | 47.84 | 1.84 | -73.64 | 0 | 0 | 134.12 | 0.13 | 21.37 | 4.4 | 11.9 | -3.02 | 8.87 | -3.15 | 3.51 | 11.08 | 34.09 | 3.9 | 1.66 | -52.57 | 4.19 | -2.78 | 45.12 | 0.0 | 35.28 | 6.17 | 1.71 | 29.55 | 21.13 | 1.25 | 58.11 | 4.85 | -0.59 | 0 | 20.54 | 7.2 | 0.04 | -10.65 |
| 2018 (5) | 50.22 | -5.07 | 25.5 | 15.7 | 6.98 | 178.09 | 0 | 0 | 133.94 | 2.6 | 20.47 | -7.21 | 12.27 | 1.57 | 9.16 | -1.0 | 3.16 | 7.12 | 32.81 | -1.2 | 3.5 | -66.57 | 4.31 | -11.32 | 45.12 | 0.0 | 33.23 | 7.12 | 1.32 | 103.08 | 20.87 | -3.87 | 55.42 | 3.8 | -1.71 | 0 | 19.16 | -6.03 | 0.04 | 8.8 |
| 2017 (4) | 52.9 | 9.27 | 22.04 | -22.26 | 2.51 | 109.17 | 0 | 0 | 130.55 | -3.15 | 22.06 | 258.7 | 12.08 | -11.18 | 9.25 | -8.28 | 2.95 | -1.67 | 33.21 | 11.48 | 10.47 | 14.68 | 4.86 | 1.04 | 45.12 | 0.0 | 31.02 | 2.01 | 0.65 | 4.84 | 21.71 | 52.67 | 53.39 | 18.02 | -1.32 | 0 | 20.39 | 50.26 | 0.04 | 2.17 |
| 2016 (3) | 48.41 | 22.15 | 28.35 | -2.44 | 1.2 | 103.39 | 0 | 0 | 134.8 | 1.44 | 6.15 | -70.17 | 13.6 | -2.58 | 10.09 | -3.97 | 3.0 | -38.14 | 29.79 | -30.96 | 9.13 | 1085.71 | 4.81 | 35.88 | 45.12 | 0.0 | 30.41 | 7.3 | 0.62 | 0 | 14.22 | -50.73 | 45.24 | -20.92 | -0.65 | 0 | 13.57 | -51.95 | 0.04 | 2.93 |
| 2015 (2) | 39.63 | 2.8 | 29.06 | 34.54 | 0.59 | 11.32 | 0 | 0 | 132.88 | 1.65 | 20.62 | 1.38 | 13.96 | 6.65 | 10.51 | 4.91 | 4.85 | -31.4 | 43.15 | -4.73 | 0.77 | -36.89 | 3.54 | 8.59 | 45.12 | 0.0 | 28.34 | 7.72 | 0 | 0 | 28.86 | -1.13 | 57.21 | 3.08 | -0.62 | 0 | 28.24 | -7.77 | 0.04 | -6.32 |
| 2014 (1) | 38.55 | 32.84 | 21.6 | -18.27 | 0.53 | 488.89 | 0 | 0 | 130.72 | 3.64 | 20.34 | 4.52 | 13.09 | 9.36 | 10.01 | 5.52 | 7.07 | 11.16 | 45.29 | 6.46 | 1.22 | -6.15 | 3.26 | -2.69 | 45.12 | 1.51 | 26.31 | 7.96 | 0 | 0 | 29.19 | 44.01 | 55.5 | 8.1 | 1.43 | -22.28 | 30.62 | 38.49 | 0.04 | 4.67 |
| 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) | 50.63 | -1.06 | 12.36 | 22.25 | 20.6 | 254.3 | 1.92 | 0.0 | -76.15 | 0 | 0 | 0 | 44.68 | 2.95 | 4.22 | 7.26 | -7.98 | 10.67 | 18.04 | -3.84 | 0.56 | 10.29 | -4.83 | -4.57 | 5.51 | 2.23 | 0.18 | 48.0 | 3.11 | 11.94 | 38.14 | 34.2 | 8.6 | 4.53 | -1.52 | -2.16 | 45.12 | 0.0 | 0.0 | 47.44 | 0.0 | 5.75 | 0.56 | 0.0 | -38.46 | 23.07 | 46.29 | 8.97 | 71.07 | 11.45 | 6.17 | -1.1 | -71.88 | -111.54 | 21.97 | 45.21 | 6.39 | 0.04 | -11.38 | -2.23 |
| 24Q2 (19) | 51.17 | 13.64 | -2.7 | 18.45 | 66.22 | -8.44 | 1.92 | 0.0 | -76.15 | 0 | 0 | 0 | 43.4 | 1.35 | 1.64 | 7.89 | 27.26 | 22.71 | 18.76 | -1.26 | 2.85 | 10.81 | -1.66 | -4.23 | 5.39 | -5.44 | -4.77 | 46.55 | -0.68 | 11.34 | 28.42 | -28.12 | 40.42 | 4.6 | -0.86 | -2.75 | 45.12 | 0.0 | 0.0 | 47.44 | 5.75 | 5.75 | 0.56 | -38.46 | -38.46 | 15.77 | -53.02 | 7.94 | 63.77 | -19.62 | 5.61 | -0.64 | -4.92 | -60.0 | 15.13 | -54.1 | 6.47 | 0.04 | 15.71 | -3.53 |
| 24Q1 (18) | 45.03 | -3.99 | -24.87 | 11.1 | 788.0 | -50.34 | 1.92 | -89.85 | -76.15 | 0 | 0 | 0 | 42.82 | -3.75 | 5.29 | 6.2 | -9.49 | 2.14 | 19.0 | 5.85 | 17.43 | 10.99 | 4.53 | 6.54 | 5.7 | 8.57 | -1.21 | 46.87 | 4.04 | 6.11 | 39.54 | 33.31 | 127.76 | 4.64 | 0.87 | -3.93 | 45.12 | 0.0 | 0.0 | 44.86 | 0.0 | 6.3 | 0.91 | 0.0 | 506.67 | 33.57 | 23.19 | 0.24 | 79.34 | 8.66 | 4.61 | -0.61 | -8.93 | -238.89 | 32.96 | 23.49 | -1.05 | 0.04 | -1.47 | -5.02 |
| 23Q4 (17) | 46.9 | 4.08 | -8.99 | 1.25 | -80.1 | -84.94 | 18.92 | 135.03 | -19.86 | 0 | 0 | 0 | 44.49 | 3.78 | 10.64 | 6.85 | 4.42 | 0.15 | 17.95 | 0.06 | 0.67 | 10.51 | -2.45 | -9.44 | 5.25 | -4.55 | -6.91 | 45.05 | 5.06 | 5.9 | 29.66 | -15.55 | 65.51 | 4.6 | -0.65 | -4.56 | 45.12 | 0.0 | 0.0 | 44.86 | 0.0 | 6.3 | 0.91 | 0.0 | 506.67 | 27.25 | 28.72 | -0.62 | 73.02 | 9.08 | 4.66 | -0.56 | -7.69 | 38.46 | 26.69 | 29.25 | 0.68 | 0.04 | -3.22 | -6.83 |
| 23Q3 (16) | 45.06 | -14.32 | 6.2 | 6.28 | -68.83 | -16.27 | 8.05 | 0.0 | -63.41 | 0 | 0 | 0 | 42.87 | 0.4 | 12.67 | 6.56 | 2.02 | 3.8 | 17.94 | -1.64 | 15.44 | 10.78 | -4.49 | 4.48 | 5.5 | -2.83 | 0.55 | 42.88 | 2.56 | -0.51 | 35.12 | 73.52 | 55.6 | 4.63 | -2.11 | -10.1 | 45.12 | 0.0 | 0.0 | 44.86 | 0.0 | 6.3 | 0.91 | 0.0 | 506.67 | 21.17 | 44.9 | 5.48 | 66.94 | 10.86 | 7.22 | -0.52 | -30.0 | 0 | 20.65 | 45.32 | 2.89 | 0.04 | -12.56 | -7.44 |
| 23Q2 (15) | 52.59 | -12.26 | 12.47 | 20.15 | -9.84 | 95.63 | 8.05 | 0.0 | -63.41 | 0 | 0 | 0 | 42.7 | 4.99 | 12.61 | 6.43 | 5.93 | 14.21 | 18.24 | 12.73 | 14.29 | 11.29 | 9.4 | 3.76 | 5.66 | -1.91 | 6.99 | 41.81 | -5.34 | -1.92 | 20.24 | 16.59 | 114.41 | 4.73 | -2.07 | -2.07 | 45.12 | 0.0 | 0.0 | 44.86 | 6.3 | 6.3 | 0.91 | 506.67 | 506.67 | 14.61 | -56.38 | 6.18 | 60.38 | -20.39 | 7.61 | -0.4 | -122.22 | -185.71 | 14.21 | -57.34 | 4.33 | 0.04 | 13.92 | 16.67 |
| 23Q1 (14) | 59.94 | 16.32 | 19.35 | 22.35 | 169.28 | 37.12 | 8.05 | -65.9 | -64.06 | 0 | 0 | 0 | 40.67 | 1.14 | 8.74 | 6.07 | -11.26 | -13.29 | 16.18 | -9.25 | 12.91 | 10.32 | -11.15 | 3.21 | 5.77 | 2.3 | 16.33 | 44.17 | 3.83 | -2.47 | 17.36 | -3.12 | 83.9 | 4.83 | 0.21 | -0.41 | 45.12 | 0.0 | 0.0 | 42.2 | 0.0 | 6.27 | 0.15 | 0.0 | -85.0 | 33.49 | 22.14 | 3.59 | 75.84 | 8.7 | 3.83 | -0.18 | 80.22 | -139.13 | 33.31 | 25.65 | 1.59 | 0.04 | -3.35 | 7.49 |
| 22Q4 (13) | 51.53 | 21.45 | 10.46 | 8.3 | 10.67 | 66.0 | 23.61 | 7.32 | 105.3 | 0 | 0 | 0 | 40.21 | 5.68 | 7.89 | 6.84 | 8.23 | -3.53 | 17.83 | 14.74 | 21.21 | 11.61 | 12.54 | 11.56 | 5.64 | 3.11 | 4.44 | 42.54 | -1.3 | 2.48 | 17.92 | -20.6 | -11.98 | 4.82 | -6.41 | 32.78 | 45.12 | 0.0 | 0.0 | 42.2 | 0.0 | 6.27 | 0.15 | 0.0 | -85.0 | 27.42 | 36.62 | 9.5 | 69.77 | 11.76 | 6.11 | -0.91 | 0 | -506.67 | 26.51 | 32.09 | 6.51 | 0.04 | -3.85 | 14.18 |
| 22Q3 (12) | 42.43 | -9.26 | -6.31 | 7.5 | -27.18 | -42.31 | 22.0 | 0.0 | 2344.44 | 0 | 0 | 0 | 38.05 | 0.34 | 11.39 | 6.32 | 12.26 | 2.6 | 15.54 | -2.63 | 26.34 | 10.32 | -5.15 | 16.95 | 5.47 | 3.4 | -12.06 | 43.1 | 1.1 | 9.03 | 22.57 | 139.09 | -28.1 | 5.15 | 6.63 | 34.11 | 45.12 | 0.0 | 0.0 | 42.2 | 0.0 | 6.27 | 0.15 | 0.0 | -85.0 | 20.07 | 45.86 | 9.73 | 62.43 | 11.26 | 5.81 | 0 | 100.0 | 100.0 | 20.07 | 47.36 | 14.23 | 0.04 | 10.21 | 16.54 |
| 22Q2 (11) | 46.76 | -6.89 | -20.53 | 10.3 | -36.81 | -6.36 | 22.0 | -1.79 | 2344.44 | 0 | 0 | 0 | 37.92 | 1.39 | 9.75 | 5.63 | -19.57 | -8.46 | 15.96 | 11.37 | 29.23 | 10.88 | 8.82 | 23.0 | 5.29 | 6.65 | -10.34 | 42.63 | -5.87 | 4.64 | 9.44 | 0.0 | -69.94 | 4.83 | -0.41 | 25.45 | 45.12 | 0.0 | 0.0 | 42.2 | 6.27 | 6.27 | 0.15 | -85.0 | -85.0 | 13.76 | -57.44 | 13.44 | 56.11 | -23.18 | 6.19 | -0.14 | -130.43 | 82.5 | 13.62 | -58.46 | 20.21 | 0.04 | 4.95 | -3.48 |
| 22Q1 (10) | 50.22 | 7.65 | -14.36 | 16.3 | 226.0 | 63.0 | 22.4 | 94.78 | 2033.33 | 0 | 0 | 0 | 37.4 | 0.35 | 5.74 | 7.0 | -1.27 | 19.25 | 14.33 | -2.58 | 6.94 | 9.99 | -3.96 | 4.02 | 4.96 | -8.15 | -31.3 | 45.29 | 9.11 | 16.37 | 9.44 | -53.63 | -69.38 | 4.85 | 33.61 | 25.97 | 45.12 | 0.0 | 0.0 | 39.71 | 0.0 | 6.15 | 1.0 | 0.0 | 69.49 | 32.33 | 29.11 | 4.63 | 73.04 | 11.09 | 6.02 | 0.46 | 406.67 | 166.67 | 32.79 | 31.74 | 8.54 | 0.04 | 2.67 | -6.99 |
| 21Q4 (9) | 46.65 | 3.0 | -15.34 | 5.0 | -61.54 | -68.75 | 11.5 | 1177.78 | 777.86 | 0 | 0 | 0 | 37.27 | 9.1 | 5.4 | 7.09 | 15.1 | -2.21 | 14.71 | 19.59 | 11.95 | 10.41 | 17.98 | 8.55 | 5.4 | -13.18 | 13.21 | 41.51 | 5.01 | 13.69 | 20.36 | -35.14 | 8.01 | 3.63 | -5.47 | -5.47 | 45.12 | 0.0 | 0.0 | 39.71 | 0.0 | 6.15 | 1.0 | 0.0 | 69.49 | 25.04 | 36.91 | 0.04 | 65.75 | 11.44 | 4.33 | -0.15 | 79.17 | 85.0 | 24.89 | 41.66 | 3.58 | 0.03 | -1.86 | -13.05 |
| 21Q3 (8) | 45.29 | -23.03 | -5.25 | 13.0 | 18.18 | -62.86 | 0.9 | 0.0 | -41.56 | 0 | 0 | 0 | 34.16 | -1.13 | -0.67 | 6.16 | 0.16 | 3.01 | 12.3 | -0.4 | -4.5 | 8.82 | -0.24 | -7.0 | 6.22 | 5.42 | 52.45 | 39.53 | -2.97 | 5.87 | 31.39 | -0.03 | 1276.75 | 3.84 | -0.26 | -6.34 | 45.12 | 0.0 | 0.0 | 39.71 | 0.0 | 6.15 | 1.0 | 0.0 | 69.49 | 18.29 | 50.78 | -2.4 | 59.0 | 11.66 | 3.98 | -0.72 | 10.0 | 33.33 | 17.57 | 55.08 | -0.51 | 0.03 | -8.72 | -12.31 |
| 21Q2 (7) | 58.84 | 0.34 | -8.45 | 11.0 | 10.0 | -73.81 | 0.9 | -14.29 | -49.44 | 0 | 0 | 0 | 34.55 | -2.32 | 0.61 | 6.15 | 4.77 | 15.6 | 12.35 | -7.84 | 1.73 | 8.84 | -7.97 | 0 | 5.9 | -18.28 | 58.18 | 40.74 | 4.68 | 13.29 | 31.4 | 1.85 | 3825.0 | 3.85 | 0.0 | -6.78 | 45.12 | 0.0 | 0.0 | 39.71 | 6.15 | 6.15 | 1.0 | 69.49 | 69.49 | 12.13 | -60.74 | -4.94 | 52.84 | -23.3 | 4.1 | -0.8 | -15.94 | 14.89 | 11.33 | -62.5 | -4.15 | 0.04 | 1.14 | -13.23 |
| 21Q1 (6) | 58.64 | 6.42 | -6.53 | 10.0 | -37.5 | -75.0 | 1.05 | -19.85 | -43.55 | 0 | 0 | 0 | 35.37 | 0.03 | 7.28 | 5.87 | -19.03 | 10.13 | 13.4 | 1.98 | 15.12 | 9.61 | 0.22 | 0 | 7.22 | 51.36 | 96.2 | 38.92 | 6.6 | 12.98 | 30.83 | 63.55 | 2134.06 | 3.85 | 0.26 | -8.55 | 45.12 | 0.0 | 0.0 | 37.41 | 0.0 | 6.04 | 0.59 | 0.0 | -65.5 | 30.9 | 23.45 | 16.56 | 68.89 | 9.31 | 8.51 | -0.69 | 31.0 | 44.8 | 30.21 | 25.72 | 19.6 | 0.04 | -4.03 | -1.61 |
| 20Q4 (5) | 55.1 | 15.27 | -12.76 | 16.0 | -54.29 | -57.56 | 1.31 | -14.94 | -28.8 | 0 | 0 | 0 | 35.36 | 2.82 | 3.7 | 7.25 | 21.24 | 36.02 | 13.14 | 2.02 | 10.42 | 9.59 | 1.08 | 0 | 4.77 | 16.91 | 35.9 | 36.51 | -2.22 | 7.1 | 18.85 | 726.75 | 1035.54 | 3.84 | -6.34 | -8.35 | 45.12 | 0.0 | 0.0 | 37.41 | 0.0 | 6.04 | 0.59 | 0.0 | -65.5 | 25.03 | 33.56 | 18.46 | 63.02 | 11.07 | 8.45 | -1.0 | 7.41 | -69.49 | 24.03 | 36.07 | 16.99 | 0.04 | -1.02 | -1.39 |
| 20Q3 (4) | 47.8 | -25.63 | 0.0 | 35.0 | -16.67 | 0.0 | 1.54 | -13.48 | 0.0 | 0 | 0 | 0.0 | 34.39 | 0.15 | 0.0 | 5.98 | 12.41 | 0.0 | 12.88 | 6.1 | 0.0 | 9.48 | 0 | 0.0 | 4.08 | 9.38 | 0.0 | 37.34 | 3.84 | 0.0 | 2.28 | 185.0 | 0.0 | 4.1 | -0.73 | 0.0 | 45.12 | 0.0 | 0.0 | 37.41 | 0.0 | 0.0 | 0.59 | 0.0 | 0.0 | 18.74 | 46.87 | 0.0 | 56.74 | 11.78 | 0.0 | -1.08 | -14.89 | 0.0 | 17.66 | 49.41 | 0.0 | 0.04 | -9.68 | 0.0 |
