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) | 147.92 | 23.73 | 181.7 | -15.52 | 4.5 | -71.95 | 0 | 0 | 769.54 | -16.39 | 34.01 | -41.8 | 126.74 | -21.9 | 16.47 | -6.58 | 347.6 | -16.01 | 1.32 | 30.69 | 72.51 | 17.92 | 4.0 | -17.18 | 39.21 | 0.0 | 65.32 | 9.97 | 19.05 | -24.46 | 185.82 | 2.31 | 270.18 | 1.48 | -19.85 | 0 | 165.97 | 2.09 | 0.07 | 2.71 |
| 2022 (9) | 119.55 | 54.98 | 215.08 | 9.19 | 16.04 | 0 | 0 | 0 | 920.44 | 12.47 | 58.44 | -1.45 | 162.27 | 13.03 | 17.63 | 0.5 | 413.85 | 34.05 | 1.01 | 6.32 | 61.49 | 94.4 | 4.83 | -14.06 | 39.21 | 4.53 | 59.4 | 11.01 | 25.22 | 30.13 | 181.62 | 5.8 | 266.24 | 8.87 | -19.05 | 0 | 162.57 | 11.01 | 0.07 | -3.48 |
| 2021 (8) | 77.14 | -17.68 | 196.97 | 80.13 | 0 | 0 | 0 | 0 | 818.4 | 16.9 | 59.3 | 19.82 | 143.57 | 19.39 | 17.54 | 2.14 | 308.72 | 69.67 | 0.95 | -56.82 | 31.63 | -25.42 | 5.62 | 23.79 | 37.51 | 0.0 | 53.51 | 10.42 | 19.38 | -0.87 | 171.66 | 16.25 | 244.55 | 13.39 | -25.22 | 0 | 146.44 | 14.15 | 0.07 | 10.7 |
| 2020 (7) | 93.71 | 82.1 | 109.35 | -35.39 | 0 | 0 | 0 | 0 | 700.11 | 10.34 | 49.49 | 46.64 | 120.25 | -16.49 | 17.18 | -24.32 | 181.95 | 7.75 | 2.2 | -4.76 | 42.41 | 91.21 | 4.54 | -3.4 | 37.51 | 0.0 | 48.46 | 7.47 | 19.55 | 42.49 | 147.67 | 19.44 | 215.68 | 18.21 | -19.38 | 0 | 128.29 | 23.25 | 0.07 | -4.0 |
| 2019 (6) | 51.46 | -16.81 | 169.25 | 24.94 | 0.28 | -70.83 | 0 | 0 | 634.5 | 5.33 | 33.75 | 17.84 | 144.0 | 5.43 | 22.70 | 0.1 | 168.87 | 8.57 | 2.31 | -4.55 | 22.18 | 118.95 | 4.7 | 123.81 | 37.51 | 0.0 | 45.09 | 6.8 | 13.72 | 36.79 | 123.64 | 8.49 | 182.45 | 9.78 | -19.55 | 0 | 104.09 | 3.84 | 0.07 | 5.16 |
| 2018 (5) | 61.86 | -21.45 | 135.46 | 13.36 | 0.96 | 47.69 | 0 | 0 | 602.39 | 9.1 | 28.64 | 39.44 | 136.58 | 14.51 | 22.67 | 4.96 | 155.54 | 8.37 | 2.42 | 2.11 | 10.13 | 69.68 | 2.1 | -1.41 | 37.51 | 0.0 | 42.22 | 5.1 | 10.03 | -9.88 | 113.96 | 14.68 | 166.2 | 10.31 | -13.72 | 0 | 100.24 | 12.2 | 0.07 | -0.57 |
| 2017 (4) | 78.75 | 16.24 | 119.5 | 8.49 | 0.65 | 35.42 | 0 | 0 | 552.12 | -3.51 | 20.54 | -32.99 | 119.27 | 3.01 | 21.60 | 6.76 | 143.53 | -1.68 | 2.37 | 0.0 | 5.97 | 158.44 | 2.13 | 12.11 | 37.51 | 0.0 | 40.17 | 8.27 | 11.13 | 83.66 | 99.37 | -12.02 | 150.67 | -3.48 | -10.03 | 0 | 89.34 | -12.26 | 0.07 | 2504.05 |
| 2016 (3) | 67.75 | -13.63 | 110.15 | -2.75 | 0.48 | 166.67 | 0 | 0 | 572.21 | -5.29 | 30.65 | -20.24 | 115.78 | 3.82 | 20.23 | 9.62 | 145.98 | 3.22 | 2.37 | -4.44 | 2.31 | 2210.0 | 1.9 | 2.7 | 37.51 | 0.0 | 37.1 | 11.55 | 6.06 | 0.0 | 112.95 | 3.02 | 156.11 | 4.8 | -11.13 | 0 | 101.82 | -7.04 | 0.00 | 5.66 |
| 2015 (2) | 78.44 | 21.22 | 113.27 | 6.65 | 0.18 | -76.0 | 0 | 0 | 604.18 | 0.62 | 38.43 | -6.54 | 111.52 | -0.49 | 18.46 | -1.11 | 141.43 | 11.86 | 2.48 | 19.81 | 0.1 | -86.67 | 1.85 | 4.52 | 37.51 | 0.0 | 33.26 | 14.1 | 6.06 | -16.53 | 109.64 | 10.44 | 148.96 | 9.78 | -0.11 | 0 | 109.53 | 6.7 | 0.00 | -71.39 |
| 2014 (1) | 64.71 | 18.78 | 106.21 | 10.45 | 0.75 | -27.88 | 0 | 0 | 600.45 | 10.39 | 41.12 | 17.32 | 112.07 | 14.02 | 18.66 | 3.29 | 126.44 | 10.14 | 2.07 | -2.36 | 0.75 | -36.97 | 1.77 | -2.75 | 37.51 | 0.0 | 29.15 | 13.69 | 7.26 | 0.0 | 99.28 | 17.91 | 135.69 | 15.87 | 3.37 | 64.39 | 102.65 | 19.01 | 0.01 | -18.98 |
| 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) | 158.08 | 5.28 | -9.01 | 125.36 | 1.62 | -40.78 | 44.12 | 700.73 | 973.48 | 0 | 0 | 0 | 204.58 | -3.34 | 4.82 | 4.99 | -56.68 | -54.76 | 123.71 | 4.24 | -15.61 | 17.05 | 2.89 | -3.13 | 274.49 | -5.44 | -22.32 | 1.51 | -0.66 | 41.12 | 31.94 | -54.8 | -56.19 | 9.2 | 161.36 | 124.94 | 39.21 | 0.0 | 0.0 | 68.77 | 0.0 | 5.28 | 19.85 | 0.0 | 4.2 | 183.68 | 2.79 | 0.65 | 272.29 | 1.87 | 2.03 | -9.25 | 26.76 | 42.08 | 174.43 | 5.04 | 4.74 | 0.08 | 0.85 | 5.95 |
| 24Q2 (19) | 150.15 | -14.67 | -11.63 | 123.36 | -31.26 | -42.81 | 5.51 | -1.08 | -68.06 | 0 | 0 | 0 | 211.66 | 31.77 | -5.78 | 11.52 | 121.54 | -2.54 | 118.68 | -7.76 | -27.29 | 16.58 | -6.08 | -8.99 | 290.27 | -11.9 | -24.26 | 1.52 | 6.29 | 40.74 | 70.66 | -0.62 | 17.86 | 3.52 | -5.63 | -19.27 | 39.21 | 0.0 | 0.0 | 68.77 | 5.28 | 5.28 | 19.85 | 4.2 | 4.2 | 178.69 | -6.45 | 4.21 | 267.3 | -2.93 | 4.48 | -12.63 | 15.12 | 36.94 | 166.06 | -5.72 | 9.65 | 0.08 | 5.58 | 5.06 |
| 24Q1 (18) | 175.96 | 18.96 | 17.57 | 179.45 | -1.24 | -26.15 | 5.57 | 23.78 | -66.45 | 0 | 0 | 0 | 160.63 | 8.15 | -20.16 | 5.2 | 85.05 | -37.8 | 128.66 | 1.51 | -27.27 | 17.65 | 7.16 | -10.3 | 329.47 | -5.22 | -20.34 | 1.43 | 8.33 | 37.5 | 71.1 | -1.94 | 16.02 | 3.73 | -6.75 | -19.09 | 39.21 | 0.0 | 0.0 | 65.32 | 0.0 | 9.97 | 19.05 | 0.0 | -24.46 | 191.02 | 2.8 | 0.55 | 275.38 | 1.92 | 0.28 | -14.88 | 25.04 | 17.15 | 176.14 | 6.13 | 2.4 | 0.07 | 1.37 | 4.49 |
| 23Q4 (17) | 147.92 | -14.86 | 23.73 | 181.7 | -14.17 | -15.52 | 4.5 | 9.49 | -71.95 | 0 | 0 | 0 | 148.53 | -23.9 | -29.84 | 2.81 | -74.52 | 31.92 | 126.74 | -13.55 | -21.9 | 16.47 | -6.45 | -6.58 | 347.6 | -1.62 | -16.01 | 1.32 | 23.36 | 30.69 | 72.51 | -0.53 | 17.92 | 4.0 | -2.2 | -17.18 | 39.21 | 0.0 | 0.0 | 65.32 | 0.0 | 9.97 | 19.05 | 0.0 | -24.46 | 185.82 | 1.82 | 2.31 | 270.18 | 1.24 | 1.48 | -19.85 | -24.3 | -4.2 | 165.97 | -0.34 | 2.09 | 0.07 | -1.84 | 2.71 |
| 23Q3 (16) | 173.74 | 2.25 | 31.44 | 211.69 | -1.86 | -5.97 | 4.11 | -76.17 | -73.38 | 0 | 0 | 0 | 195.17 | -13.12 | -24.55 | 11.03 | -6.68 | -45.01 | 146.6 | -10.18 | -17.91 | 17.61 | -3.33 | -10.51 | 353.34 | -7.81 | -5.77 | 1.07 | -0.93 | 9.18 | 72.9 | 21.6 | 18.56 | 4.09 | -6.19 | -17.71 | 39.21 | 0.0 | 4.53 | 65.32 | 0.0 | 9.97 | 19.05 | 0.0 | -24.46 | 182.5 | 6.43 | 2.11 | 266.86 | 4.31 | 1.33 | -15.97 | 20.27 | 19.1 | 166.53 | 9.96 | 4.74 | 0.07 | 0.01 | -2.75 |
| 23Q2 (15) | 169.91 | 13.52 | 48.42 | 215.7 | -11.23 | 16.78 | 17.25 | 3.92 | 0 | 0 | 0 | 0 | 224.64 | 11.66 | -1.24 | 11.82 | 41.39 | -34.41 | 163.22 | -7.73 | -4.97 | 18.21 | -7.44 | -10.02 | 383.26 | -7.34 | 10.48 | 1.08 | 3.85 | 12.5 | 59.95 | -2.17 | -14.95 | 4.36 | -5.42 | -14.0 | 39.21 | 0.0 | 4.53 | 65.32 | 9.97 | 9.97 | 19.05 | -24.46 | -24.46 | 171.47 | -9.74 | 8.07 | 255.83 | -6.84 | 5.15 | -20.03 | -11.53 | 10.22 | 151.44 | -11.96 | 11.06 | 0.07 | 5.01 | -5.18 |
| 23Q1 (14) | 149.67 | 25.19 | 39.93 | 242.99 | 12.98 | 2.53 | 16.6 | 3.49 | 0 | 0 | 0 | 0 | 201.19 | -4.96 | -9.62 | 8.36 | 292.49 | -54.12 | 176.89 | 9.01 | 2.01 | 19.68 | 11.61 | -5.27 | 413.61 | -0.06 | 22.11 | 1.04 | 2.97 | 9.47 | 61.28 | -0.34 | 83.69 | 4.61 | -4.55 | -15.26 | 39.21 | 0.0 | 4.53 | 59.4 | 0.0 | 11.01 | 25.22 | 0.0 | 30.13 | 189.98 | 4.6 | 0.05 | 274.6 | 3.14 | 4.5 | -17.96 | 5.72 | 3.44 | 172.02 | 5.81 | 0.43 | 0.07 | -0.36 | -3.03 |
| 22Q4 (13) | 119.55 | -9.56 | 54.98 | 215.08 | -4.46 | 9.19 | 16.04 | 3.89 | 0 | 0 | 0 | 0 | 211.69 | -18.17 | 6.36 | 2.13 | -89.38 | -80.6 | 162.27 | -9.13 | 13.03 | 17.63 | -10.38 | 0.49 | 413.85 | 10.37 | 34.05 | 1.01 | 3.06 | 6.32 | 61.49 | 0.0 | 94.4 | 4.83 | -2.82 | -14.06 | 39.21 | 4.53 | 4.53 | 59.4 | 0.0 | 11.01 | 25.22 | 0.0 | 30.13 | 181.62 | 1.62 | 5.8 | 266.24 | 1.1 | 8.87 | -19.05 | 3.5 | 24.46 | 162.57 | 2.25 | 11.01 | 0.07 | -7.06 | -3.48 |
| 22Q3 (12) | 132.18 | 15.46 | 25.81 | 225.12 | 21.88 | 43.38 | 15.44 | 0 | 19.6 | 0 | 0 | 0 | 258.69 | 13.73 | 29.7 | 20.06 | 11.32 | 56.6 | 178.58 | 3.98 | 35.31 | 19.67 | -2.81 | 18.43 | 374.96 | 8.09 | 44.91 | 0.98 | 2.08 | 3.16 | 61.49 | -12.77 | 116.9 | 4.97 | -1.97 | -6.4 | 37.51 | 0.0 | 0.0 | 59.4 | 0.0 | 11.01 | 25.22 | 0.0 | 30.13 | 178.73 | 12.64 | 10.94 | 263.35 | 8.25 | 12.54 | -19.74 | 11.52 | 19.79 | 158.99 | 16.6 | 16.48 | 0.08 | -2.49 | 4.74 |
| 22Q2 (11) | 114.48 | 7.03 | 14.55 | 184.71 | -22.06 | 68.99 | 0 | 0 | -100.0 | 0 | 0 | 0 | 227.45 | 2.18 | 6.42 | 18.02 | -1.1 | -2.54 | 171.75 | -0.95 | 23.94 | 20.24 | -2.55 | 15.36 | 346.9 | 2.41 | 62.51 | 0.96 | 1.05 | -56.36 | 70.49 | 111.3 | 137.34 | 5.07 | -6.8 | -4.52 | 37.51 | 0.0 | 0.0 | 59.4 | 11.01 | 11.01 | 25.22 | 30.13 | 30.13 | 158.67 | -16.44 | 6.99 | 243.29 | -7.41 | 9.99 | -22.31 | -19.95 | 0.09 | 136.36 | -20.39 | 8.25 | 0.08 | 7.38 | 8.19 |
| 22Q1 (10) | 106.96 | 38.66 | 16.91 | 236.99 | 20.32 | 109.52 | 0 | 0 | -100.0 | 0 | 0 | 0 | 222.6 | 11.84 | 7.97 | 18.22 | 65.94 | 7.05 | 173.4 | 20.78 | 25.68 | 20.77 | 18.4 | 16.38 | 338.72 | 9.72 | 85.18 | 0.95 | 0.0 | -56.42 | 33.36 | 5.47 | 12.7 | 5.44 | -3.2 | 27.4 | 37.51 | 0.0 | 0.0 | 53.51 | 0.0 | 10.42 | 19.38 | 0.0 | -0.87 | 189.88 | 10.61 | 15.3 | 262.77 | 7.45 | 12.92 | -18.6 | 26.25 | 8.33 | 171.28 | 16.96 | 18.61 | 0.07 | -0.82 | 10.58 |
| 21Q4 (9) | 77.14 | -26.58 | -17.68 | 196.97 | 25.45 | 80.13 | 0 | -100.0 | 0 | 0 | 0 | 0 | 199.04 | -0.21 | 13.62 | 10.98 | -14.29 | -16.5 | 143.57 | 8.78 | 19.39 | 17.54 | 5.61 | 2.14 | 308.72 | 19.31 | 69.67 | 0.95 | 0.0 | -56.82 | 31.63 | 11.57 | -25.42 | 5.62 | 5.84 | 23.79 | 37.51 | 0.0 | 0.0 | 53.51 | 0.0 | 10.42 | 19.38 | 0.0 | -0.87 | 171.66 | 6.55 | 16.25 | 244.55 | 4.51 | 13.39 | -25.22 | -2.48 | -30.13 | 146.44 | 7.28 | 14.15 | 0.07 | 0.85 | 10.7 |
| 21Q3 (8) | 105.06 | 5.12 | 1.58 | 157.01 | 43.65 | 34.7 | 12.91 | -2.57 | 0 | 0 | 0 | -100.0 | 199.46 | -6.67 | 2.46 | 12.81 | -30.72 | -13.62 | 131.98 | -4.76 | 11.11 | 16.61 | -5.33 | -4.56 | 258.76 | 21.22 | 74.04 | 0.95 | -56.82 | -57.59 | 28.35 | -4.55 | -24.18 | 5.31 | 0.0 | 21.79 | 37.51 | 0.0 | 0.0 | 53.51 | 0.0 | 10.42 | 19.38 | 0.0 | -0.87 | 161.11 | 8.64 | 19.4 | 234.0 | 5.79 | 15.3 | -24.61 | -10.21 | -10.71 | 136.5 | 8.36 | 21.12 | 0.07 | 0.72 | 8.87 |
| 21Q2 (7) | 99.94 | 9.24 | 23.73 | 109.3 | -3.37 | -8.37 | 13.25 | -0.9 | 0 | 0 | 0 | 0 | 213.72 | 3.66 | 8.48 | 18.49 | 8.64 | 21.48 | 138.57 | 0.43 | 6.22 | 17.55 | -1.69 | 0 | 213.46 | 16.7 | 62.87 | 2.2 | 0.92 | -1.35 | 29.7 | 0.34 | -19.95 | 5.31 | 24.36 | 19.86 | 37.51 | 0.0 | 0.0 | 53.51 | 10.42 | 10.42 | 19.38 | -0.87 | -0.87 | 148.3 | -9.95 | 24.95 | 221.19 | -4.95 | 18.47 | -22.33 | -10.05 | 8.89 | 125.97 | -12.76 | 33.75 | 0.07 | 9.76 | 3.07 |
| 21Q1 (6) | 91.49 | -2.37 | 11.96 | 113.11 | 3.44 | -37.94 | 13.37 | 0 | 1161.32 | 0 | 0 | 0 | 206.17 | 17.69 | 54.75 | 17.02 | 29.43 | 170.59 | 137.97 | 14.74 | 3.18 | 17.85 | 3.91 | 0 | 182.91 | 0.53 | 15.6 | 2.18 | -0.91 | -3.54 | 29.6 | -30.21 | -4.91 | 4.27 | -5.95 | -7.17 | 37.51 | 0.0 | 0.0 | 48.46 | 0.0 | 7.47 | 19.55 | 0.0 | 42.49 | 164.69 | 11.53 | 26.74 | 232.7 | 7.89 | 23.29 | -20.29 | -4.7 | 13.99 | 144.4 | 12.56 | 35.78 | 0.07 | -0.71 | -3.71 |
| 20Q4 (5) | 93.71 | -9.4 | 82.1 | 109.35 | -6.19 | -35.39 | 0 | 0 | -100.0 | 0 | -100.0 | 0 | 175.18 | -10.02 | 11.19 | 13.15 | -11.33 | 109.06 | 120.25 | 1.24 | -16.49 | 17.18 | -1.31 | 0 | 181.95 | 22.38 | 7.75 | 2.2 | -1.79 | -4.76 | 42.41 | 13.43 | 91.21 | 4.54 | 4.13 | -3.4 | 37.51 | 0.0 | 0.0 | 48.46 | 0.0 | 7.47 | 19.55 | 0.0 | 42.49 | 147.67 | 9.44 | 19.44 | 215.68 | 6.27 | 18.21 | -19.38 | 12.82 | 0.87 | 128.29 | 13.83 | 23.25 | 0.07 | -0.81 | -4.0 |
| 20Q3 (4) | 103.43 | 28.05 | 0.0 | 116.56 | -2.29 | 0.0 | 0 | 0 | 0.0 | 0.19 | 0 | 0.0 | 194.68 | -1.19 | 0.0 | 14.83 | -2.56 | 0.0 | 118.78 | -8.95 | 0.0 | 17.40 | 0 | 0.0 | 148.68 | 13.44 | 0.0 | 2.24 | 0.45 | 0.0 | 37.39 | 0.78 | 0.0 | 4.36 | -1.58 | 0.0 | 37.51 | 0.0 | 0.0 | 48.46 | 0.0 | 0.0 | 19.55 | 0.0 | 0.0 | 134.93 | 13.68 | 0.0 | 202.95 | 8.7 | 0.0 | -22.23 | 9.3 | 0.0 | 112.7 | 19.66 | 0.0 | 0.07 | -4.65 | 0.0 |
