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) | 472.54 | -39.42 | 103.51 | 13.51 | 0 | 0 | 0 | 0 | 745.33 | -17.62 | 42.61 | -0.12 | 85.36 | -56.9 | 11.45 | -47.68 | 29.93 | -39.89 | 56.55 | -9.49 | 0 | 0 | 18.99 | -6.31 | 141.45 | 0.0 | 141.08 | 3.04 | 38.24 | 0 | 694.96 | -3.15 | 874.28 | 2.31 | -38.57 | 0 | 656.39 | -3.38 | -0.00 | 0 |
| 2022 (9) | 780.01 | 8.75 | 91.19 | -59.49 | 0 | 0 | 0 | 0 | 904.7 | -13.08 | 42.66 | -4.97 | 198.04 | -21.89 | 21.89 | -10.13 | 49.79 | -10.93 | 62.48 | 4.52 | 0 | 0 | 20.27 | 48.39 | 141.45 | 0.0 | 136.92 | 3.71 | 0 | 0 | 717.58 | 1.81 | 854.5 | 2.11 | -38.24 | 0 | 679.34 | -10.92 | -0.00 | 0 |
| 2021 (8) | 717.25 | -5.75 | 225.09 | 41.16 | 0 | 0 | 0 | 0 | 1040.82 | -0.68 | 44.89 | -4.85 | 253.53 | -14.46 | 24.36 | -13.88 | 55.9 | 11.89 | 59.78 | -8.57 | 0 | 0 | 13.66 | -7.77 | 141.45 | 0.0 | 132.02 | 3.7 | 0 | 0 | 704.85 | 2.74 | 836.87 | 2.89 | 57.75 | -21.0 | 762.6 | 0.46 | -0.00 | 0 |
| 2020 (7) | 761.02 | 89.67 | 159.46 | 1.15 | 0 | 0 | 0 | 0 | 1047.9 | 5.0 | 47.18 | -33.83 | 296.39 | 0.23 | 28.28 | -4.54 | 49.96 | 98.81 | 65.38 | -4.18 | 0 | 0 | 14.81 | -6.15 | 141.45 | 0.0 | 127.31 | 5.93 | 0 | 0 | 686.02 | 0.74 | 813.33 | 1.46 | 73.1 | 7.77 | 759.12 | 1.38 | -0.00 | 0 |
| 2019 (6) | 401.24 | -23.12 | 157.65 | 13.61 | 0 | 0 | 0 | 0 | 998.02 | -29.75 | 71.3 | -22.05 | 295.7 | -8.0 | 29.63 | 30.96 | 25.13 | -13.49 | 68.23 | -29.54 | 0 | 0 | 15.78 | -10.7 | 141.45 | 0.0 | 120.18 | 8.24 | 0.46 | 0 | 680.99 | 2.34 | 801.64 | 3.24 | 67.83 | 0 | 748.82 | 12.61 | -0.00 | 0 |
| 2018 (5) | 521.92 | -12.12 | 138.77 | -40.44 | 0 | 0 | 0 | 0 | 1420.57 | -3.9 | 91.47 | -8.21 | 321.4 | -39.19 | 22.62 | -36.72 | 29.05 | -27.61 | 96.83 | 613.03 | 0 | 0 | 17.67 | 0 | 141.45 | 0.0 | 111.03 | 9.85 | 0 | 0 | 665.42 | 4.76 | 776.46 | 5.46 | -0.46 | 0 | 664.96 | -35.13 | 0.00 | 38.71 |
| 2017 (4) | 593.9 | 21.14 | 232.98 | 197.97 | 0 | 0 | 0 | 0 | 1478.16 | 84.52 | 99.65 | -7.05 | 528.51 | 133.52 | 35.75 | 26.56 | 40.13 | 17.03 | 13.58 | -12.44 | 0 | 0 | 0 | 0 | 141.45 | 0.0 | 101.07 | 11.86 | 0 | 0 | 635.16 | 5.85 | 736.23 | 6.63 | 389.83 | 148.44 | 1024.99 | 35.4 | 0.00 | -18.55 |
| 2016 (3) | 490.25 | -9.11 | 78.19 | 3588.21 | 0 | 0 | 0 | 0 | 801.1 | -19.43 | 107.21 | -12.11 | 226.32 | -12.54 | 28.25 | 8.55 | 34.29 | -16.04 | 15.51 | -4.5 | 0 | 0 | 0 | 0 | 141.45 | 1.4 | 90.35 | 15.61 | 0 | 0 | 600.08 | 9.44 | 690.43 | 10.21 | 156.91 | 129.97 | 756.99 | 22.78 | 0.00 | -23.09 |
| 2015 (2) | 539.37 | 53.0 | 2.12 | -98.29 | 0 | 0 | 0 | 0 | 994.26 | 18.51 | 121.98 | 29.74 | 258.76 | -24.36 | 26.03 | -36.17 | 40.84 | 4.26 | 16.24 | 114.25 | 0 | 0 | 0 | 0 | 139.5 | 1.33 | 78.15 | 13.67 | 0 | 0 | 548.33 | 16.28 | 626.48 | 15.95 | 68.23 | -4.24 | 616.56 | 13.59 | 0.00 | -24.53 |
| 2014 (1) | 352.53 | -11.71 | 123.77 | 82.1 | 0 | 0 | 0 | 0 | 838.95 | -11.31 | 94.02 | 33.78 | 342.08 | 64.49 | 40.77 | 85.47 | 39.17 | 83.47 | 7.58 | 43.29 | 0 | 0 | 0 | 0 | 137.67 | 5.37 | 68.75 | 11.39 | 0 | 0 | 471.55 | 16.56 | 540.29 | 15.87 | 71.25 | 163.79 | 542.8 | 25.77 | 0.00 | -28.06 |
| 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 | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23Q4 (20) | 472.54 | -13.29 | -39.42 | 103.51 | 10.98 | 13.51 | 0 | 0 | 0 | 0 | 0 | 0 | 121.08 | -45.8 | -59.6 | 10.57 | -1.49 | 27.97 | 85.36 | -48.8 | -56.9 | 11.45 | -36.53 | -47.68 | 29.93 | -23.65 | -39.89 | 56.55 | -8.12 | -9.49 | 0 | 0 | 0 | 18.99 | -2.26 | -6.31 | 141.45 | 0.0 | 0.0 | 141.08 | 0.0 | 3.04 | 38.24 | 0.0 | 0 | 694.96 | 1.67 | -3.15 | 874.28 | 1.32 | 2.31 | -38.57 | -5.01 | -0.86 | 656.39 | 1.48 | -3.38 | -0.00 | -48.7 | 34.93 |
| 23Q3 (19) | 544.99 | -7.0 | -21.51 | 93.27 | 37.12 | 3.93 | 0 | 0 | 0 | 0 | 0 | 0 | 223.39 | 32.98 | 25.14 | 10.73 | -21.45 | -30.95 | 166.73 | 40.24 | -16.75 | 18.05 | 33.43 | -20.31 | 39.2 | 5.21 | -0.25 | 61.55 | 2.4 | -5.79 | 0 | 0 | 0 | 19.43 | 0.31 | 2.64 | 141.45 | 0.0 | 0.0 | 141.08 | 0.0 | 3.04 | 38.24 | 0.0 | 0 | 683.55 | 1.58 | -3.77 | 862.87 | 1.24 | 1.85 | -36.73 | 47.11 | -1.58 | 646.82 | 7.18 | -4.05 | -0.00 | -46.42 | 56.47 |
| 23Q2 (18) | 586.02 | 0.97 | -12.43 | 68.02 | -4.2 | -34.34 | 0 | 0 | 0 | 0 | 0 | 0 | 167.99 | -27.86 | -12.05 | 13.66 | 78.56 | 31.09 | 118.89 | -25.95 | -42.73 | 13.52 | -24.01 | -32.3 | 37.26 | -17.07 | -20.66 | 60.11 | -2.01 | -3.98 | 0 | 0 | 0 | 19.37 | -3.58 | 45.2 | 141.45 | 0.0 | 0.0 | 141.08 | 3.04 | 3.04 | 38.24 | 0 | 0 | 672.95 | -4.22 | -3.14 | 852.27 | 1.52 | 2.47 | -69.45 | -149.64 | -52.94 | 603.5 | -10.56 | -7.06 | -0.00 | 71.89 | 59.74 |
| 23Q1 (17) | 580.39 | -25.59 | -16.84 | 71.0 | -22.14 | -72.48 | 0 | 0 | 0 | 0 | 0 | 0 | 232.87 | -22.3 | -1.1 | 7.65 | -7.38 | -9.47 | 160.55 | -18.93 | -28.24 | 17.80 | -18.7 | -14.6 | 44.93 | -9.76 | 6.98 | 61.34 | -1.82 | 0.64 | 0 | 0 | 0 | 20.09 | -0.89 | 45.16 | 141.45 | 0.0 | 0.0 | 136.92 | 0.0 | 3.71 | 0 | 0 | 0 | 702.6 | -2.09 | 1.94 | 839.52 | -1.75 | 2.22 | -27.82 | 27.25 | -583.83 | 674.78 | -0.67 | -2.91 | -0.00 | -6.3 | -54.63 |
| 22Q4 (16) | 780.01 | 12.34 | 8.75 | 91.19 | 1.62 | -59.49 | 0 | 0 | 0 | 0 | 0 | 0 | 299.71 | 67.9 | 7.28 | 8.26 | -46.85 | -1.67 | 198.04 | -1.11 | -21.89 | 21.89 | -3.34 | -10.13 | 49.79 | 26.69 | -10.93 | 62.48 | -4.36 | 4.52 | 0 | 0 | 0 | 20.27 | 7.08 | 48.39 | 141.45 | 0.0 | 0.0 | 136.92 | 0.0 | 3.71 | 0 | 0 | 0 | 717.58 | 1.02 | 1.81 | 854.5 | 0.86 | 2.11 | -38.24 | -5.75 | -166.22 | 679.34 | 0.77 | -10.92 | -0.00 | 0.51 | -68.97 |
| 22Q3 (15) | 694.35 | 3.76 | 5.08 | 89.74 | -13.38 | -56.62 | 0 | 0 | 0 | 0 | 0 | 0 | 178.51 | -6.54 | -46.45 | 15.54 | 49.14 | 36.32 | 200.27 | -3.54 | -44.27 | 22.65 | 13.36 | -30.3 | 39.3 | -16.31 | -34.74 | 65.33 | 4.36 | 3.26 | 0 | 0 | 0 | 18.93 | 41.9 | 37.17 | 141.45 | 0.0 | 0.0 | 136.92 | 0.0 | 3.71 | 0 | 0 | 0 | 710.31 | 2.24 | 1.98 | 847.23 | 1.87 | 2.26 | -36.16 | 20.37 | -145.19 | 674.15 | 3.82 | -13.18 | -0.00 | -35.41 | -170.33 |
| 22Q2 (14) | 669.17 | -4.12 | 1.94 | 103.6 | -59.85 | -43.38 | 0 | 0 | 0 | 0 | 0 | 0 | 191.01 | -18.88 | -15.23 | 10.42 | 23.31 | -31.45 | 207.61 | -7.21 | -15.53 | 19.98 | -4.14 | -7.62 | 46.96 | 11.81 | -7.36 | 62.6 | 2.71 | 0.08 | 0 | 0 | 0 | 13.34 | -3.61 | -5.39 | 141.45 | 0.0 | 0.0 | 136.92 | 3.71 | 3.71 | 0 | 0 | 0 | 694.77 | 0.8 | 1.41 | 831.69 | 1.27 | 1.78 | -45.41 | -889.74 | -128.15 | 649.36 | -6.57 | -23.28 | -0.00 | -7.98 | -147.42 |
| 22Q1 (13) | 697.93 | -2.69 | -8.65 | 258.03 | 14.63 | 54.91 | 0 | 0 | 0 | 0 | 0 | 0 | 235.47 | -15.72 | 16.14 | 8.45 | 0.6 | -14.56 | 223.73 | -11.75 | 14.76 | 20.84 | -14.44 | 21.73 | 42.0 | -24.87 | 4.04 | 60.95 | 1.96 | -6.58 | 0 | 0 | 0 | 13.84 | 1.32 | -4.75 | 141.45 | 0.0 | 0.0 | 132.02 | 0.0 | 3.7 | 0 | 0 | 0 | 689.26 | -2.21 | 2.17 | 821.27 | -1.86 | 2.41 | 5.75 | -90.04 | -96.98 | 695.01 | -8.86 | -19.65 | -0.00 | -16.15 | -188.68 |
| 21Q4 (12) | 717.25 | 8.54 | -5.75 | 225.09 | 8.8 | 41.16 | 0 | 0 | 0 | 0 | 0 | 0 | 279.38 | -16.2 | -18.93 | 8.4 | -26.32 | -22.44 | 253.53 | -29.45 | -14.46 | 24.36 | -25.02 | -13.88 | 55.9 | -7.17 | 11.89 | 59.78 | -5.52 | -8.57 | 0 | 0 | 0 | 13.66 | -1.01 | -7.77 | 141.45 | 0.0 | 0.0 | 132.02 | 0.0 | 3.7 | 0 | 0 | 0 | 704.85 | 1.2 | 2.74 | 836.87 | 1.01 | 2.89 | 57.75 | -27.82 | -21.0 | 762.6 | -1.79 | 0.46 | -0.00 | -59.17 | -155.7 |
| 21Q3 (11) | 660.8 | 0.66 | 14.88 | 206.89 | 13.07 | -3.35 | 0 | 0 | 0 | 0 | 0 | 0 | 333.38 | 47.95 | -8.4 | 11.4 | -25.0 | -31.82 | 359.34 | 46.2 | 9.14 | 32.49 | 50.24 | -3.9 | 60.22 | 18.8 | 37.18 | 63.27 | 1.15 | -1.16 | 0 | 0 | 0 | 13.8 | -2.13 | -6.82 | 141.45 | 0.0 | 0.0 | 132.02 | 0.0 | 3.7 | 0 | 0 | 0 | 696.5 | 1.66 | 3.14 | 828.52 | 1.4 | 3.23 | 80.01 | -50.41 | 696.64 | 776.51 | -8.26 | 17.31 | -0.00 | -23.93 | -102.51 |
| 21Q2 (10) | 656.45 | -14.08 | 36.3 | 182.98 | 9.85 | 12.1 | 0 | 0 | 0 | 0 | 0 | 0 | 225.33 | 11.14 | -0.91 | 15.2 | 53.69 | 3.97 | 245.79 | 26.08 | 9.79 | 21.62 | 26.31 | -5.14 | 50.69 | 25.56 | 39.07 | 62.55 | -4.12 | -3.87 | 0 | 0 | 0 | 14.1 | -2.96 | -4.67 | 141.45 | 0.0 | 0.0 | 132.02 | 3.7 | 3.7 | 0 | 0 | 0 | 685.1 | 1.55 | 4.02 | 817.12 | 1.9 | 3.97 | 161.34 | -15.25 | 423.98 | 846.44 | -2.14 | 39.03 | -0.00 | -25.99 | -94.91 |
| 21Q1 (9) | 764.02 | 0.39 | 96.04 | 166.57 | 4.46 | 19.85 | 0 | 0 | 0 | 0 | 0 | 0 | 202.74 | -41.17 | 81.11 | 9.89 | -8.68 | 97.01 | 194.95 | -34.23 | 0.27 | 17.12 | -39.47 | -13.45 | 40.37 | -19.2 | 24.98 | 65.24 | -0.21 | -1.79 | 0 | 0 | 0 | 14.53 | -1.89 | -5.22 | 141.45 | 0.0 | 0.0 | 127.31 | 0.0 | 5.93 | 0 | 0 | -100.0 | 674.61 | -1.66 | -1.66 | 801.92 | -1.4 | -0.59 | 190.38 | 160.44 | 553.07 | 864.99 | 13.95 | 34.32 | -0.00 | -2.88 | -104.88 |
| 20Q4 (8) | 761.02 | 32.3 | 89.67 | 159.46 | -25.51 | 1.15 | 0 | 0 | 0 | 0 | 0 | 0 | 344.6 | -5.32 | 27.31 | 10.83 | -35.23 | -39.83 | 296.39 | -9.98 | 0.23 | 28.28 | -16.33 | -4.54 | 49.96 | 13.8 | 98.81 | 65.38 | 2.14 | -4.18 | 0 | 0 | 0 | 14.81 | 0.0 | -6.15 | 141.45 | 0.0 | 0.0 | 127.31 | 0.0 | 5.93 | 0 | 0 | -100.0 | 686.02 | 1.58 | 0.74 | 813.33 | 1.33 | 1.46 | 73.1 | 645.12 | 7.77 | 759.12 | 14.69 | 1.38 | -0.00 | -26.06 | -230.65 |
| 20Q3 (7) | 575.23 | 19.44 | 40.82 | 214.07 | 31.15 | -14.41 | 0 | 0 | 0 | 0 | 0 | 0 | 363.96 | 60.05 | -2.18 | 16.72 | 14.36 | -36.98 | 329.26 | 47.08 | -11.88 | 33.81 | 48.3 | 0 | 43.9 | 20.44 | 3.37 | 64.01 | -1.63 | -34.27 | 0 | 0 | 0 | 14.81 | 0.14 | -8.81 | 141.45 | 0.0 | 0.0 | 127.31 | 0.0 | 5.93 | 0 | 0 | -100.0 | 675.32 | 2.54 | 1.85 | 802.63 | 2.13 | 2.41 | -13.41 | 73.07 | -1755.56 | 661.91 | 8.72 | -0.3 | -0.00 | -19.28 | -199.88 |
| 20Q2 (6) | 481.61 | 23.58 | -11.33 | 163.23 | 17.45 | -33.82 | 0 | 0 | 0 | 0 | 0 | 0 | 227.4 | 103.14 | -0.35 | 14.62 | 191.24 | -22.03 | 223.87 | 15.15 | -14.64 | 22.80 | 15.24 | 0 | 36.45 | 12.85 | 0.33 | 65.07 | -2.05 | -33.74 | 0 | 0 | 0 | 14.79 | -3.52 | -13.86 | 141.45 | 0.0 | 0.0 | 127.31 | 5.93 | 5.93 | 0 | -100.0 | -100.0 | 658.6 | -4.0 | 3.34 | 785.91 | -2.57 | 3.69 | -49.8 | -18.51 | -301.95 | 608.8 | -5.46 | -8.03 | -0.00 | -32.43 | -137.41 |
| 20Q1 (5) | 389.72 | -2.87 | -16.61 | 138.98 | -11.84 | -4.24 | 0 | 0 | 0 | 0 | 0 | 0 | 111.94 | -58.64 | -11.91 | 5.02 | -72.11 | -37.33 | 194.42 | -34.25 | 16.9 | 19.78 | -33.24 | 0 | 32.3 | 28.53 | 18.97 | 66.43 | -2.64 | -31.58 | 0 | 0 | 0 | 15.33 | -2.85 | -22.02 | 141.45 | 0.0 | 0.0 | 120.18 | 0.0 | 8.24 | 0.46 | 0.0 | 0 | 686.01 | 0.74 | 1.87 | 806.66 | 0.63 | 2.83 | -42.02 | -161.95 | -208.19 | 643.99 | -14.0 | -9.59 | -0.00 | -66.04 | -127.91 |
| 19Q4 (4) | 401.24 | -1.77 | 0.0 | 157.65 | -36.97 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 270.67 | -27.25 | 0.0 | 18.0 | -32.15 | 0.0 | 295.7 | -20.86 | 0.0 | 29.63 | 0 | 0.0 | 25.13 | -40.83 | 0.0 | 68.23 | -29.94 | 0.0 | 0 | 0 | 0.0 | 15.78 | -2.83 | 0.0 | 141.45 | 0.0 | 0.0 | 120.18 | 0.0 | 0.0 | 0.46 | 0.0 | 0.0 | 680.99 | 2.7 | 0.0 | 801.64 | 2.29 | 0.0 | 67.83 | 8274.07 | 0.0 | 748.82 | 12.79 | 0.0 | -0.00 | -138.08 | 0.0 |
