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) | 339.41 | 39.77 | 115.0 | 54.63 | 26.68 | -45.68 | 0 | 0 | 698.61 | -28.11 | 2.08 | -61.76 | 91.23 | 8.18 | 13.06 | 50.49 | 65.94 | -28.87 | 40.58 | 1695.58 | 156.11 | 30.43 | 0.88 | -15.38 | 40.67 | 0.0 | 35.56 | 1.69 | 22.57 | 1087.89 | -12.88 | 0 | 45.25 | 0.13 | -1.74 | 0 | -14.62 | 0 | 0.01 | -7.07 |
| 2022 (9) | 242.84 | 17.8 | 74.37 | 165.7 | 49.12 | 33.3 | 0 | 0 | 971.81 | -5.73 | 5.44 | -49.11 | 84.33 | -32.02 | 8.68 | -27.89 | 92.7 | -14.7 | 2.26 | 1.35 | 119.69 | 17.62 | 1.04 | 57.58 | 40.67 | 0.0 | 34.97 | 3.34 | 1.9 | 0 | 8.32 | -30.55 | 45.19 | -1.4 | 2.35 | 0 | 10.67 | 0 | 0.01 | 100.66 |
| 2021 (8) | 206.15 | -8.8 | 27.99 | -17.68 | 36.85 | 9.97 | 0 | 0 | 1030.89 | -10.03 | 10.69 | 3.69 | 124.05 | -2.81 | 12.03 | 8.02 | 108.68 | 29.0 | 2.23 | -11.51 | 101.76 | -12.03 | 0.66 | -5.71 | 40.67 | 0.0 | 33.84 | 2.95 | 0 | 0 | 11.98 | 294.08 | 45.83 | 27.62 | -15.8 | 0 | -3.82 | 0 | 0.00 | 24.65 |
| 2020 (7) | 226.03 | 31.4 | 34.0 | -47.64 | 33.51 | 28.59 | 0 | 0 | 1145.83 | -16.12 | 10.31 | 393.3 | 127.64 | -1.01 | 11.14 | 18.02 | 84.25 | 2.72 | 2.52 | -22.94 | 115.67 | 9.42 | 0.7 | -27.08 | 40.67 | 0.0 | 32.87 | 0.58 | 0 | 0 | 3.04 | 0 | 35.91 | 40.33 | 8.57 | -37.9 | 11.61 | 73.03 | 0.00 | 0 |
| 2019 (6) | 172.02 | 0.81 | 64.93 | 24.65 | 26.06 | -7.69 | 0 | 0 | 1366.07 | 20.38 | 2.09 | -6.7 | 128.94 | 23.36 | 9.44 | 2.48 | 82.02 | -24.13 | 3.27 | 170.25 | 105.71 | 14.42 | 0.96 | -13.51 | 40.67 | 0.0 | 32.68 | 0.68 | 0 | 0 | -7.09 | 0 | 25.59 | 6.05 | 13.8 | -39.07 | 6.71 | -53.11 | 0.00 | 0 |
| 2018 (5) | 170.64 | -12.05 | 52.09 | -19.35 | 28.23 | -62.79 | 0 | 0 | 1134.82 | 5.85 | 2.24 | -90.68 | 104.52 | 96.06 | 9.21 | 85.22 | 108.1 | 48.12 | 1.21 | -74.47 | 92.39 | 163.97 | 1.11 | 20.65 | 40.67 | 0.0 | 32.46 | 7.91 | 0 | 0 | -8.34 | 0 | 24.13 | -32.62 | 22.65 | 84.75 | 14.31 | -20.5 | 0.01 | 56.65 |
| 2017 (4) | 194.02 | -5.31 | 64.59 | -75.81 | 75.87 | 97.84 | 0 | 0 | 1072.08 | 20.17 | 24.04 | 0 | 53.31 | -30.28 | 4.97 | -41.98 | 72.98 | -6.63 | 4.74 | -19.66 | 35.0 | -54.53 | 0.92 | -28.68 | 40.67 | 17.34 | 30.08 | -23.89 | 0 | 0 | 5.74 | 0 | 35.81 | 203.47 | 12.26 | -62.08 | 18.0 | 290.46 | 0.01 | -26.17 |
| 2016 (3) | 204.9 | 24.99 | 267.0 | -32.49 | 38.35 | -46.67 | 5.47 | -59.03 | 892.16 | -26.49 | -14.67 | 0 | 76.46 | -37.69 | 8.57 | -15.23 | 78.16 | -10.54 | 5.9 | -1.67 | 76.97 | -39.29 | 1.29 | -27.12 | 34.66 | -1.42 | 39.52 | 0.0 | 0 | 0 | -27.72 | 0 | 11.8 | -57.72 | 32.33 | -13.72 | 4.61 | -82.17 | 0.01 | -39.44 |
| 2015 (2) | 163.93 | -44.51 | 395.5 | -24.95 | 71.91 | -42.77 | 13.35 | 20.49 | 1213.64 | -6.29 | -200.07 | 0 | 122.7 | -11.15 | 10.11 | -5.18 | 87.37 | 21.69 | 6.0 | -59.76 | 126.79 | 59.93 | 1.77 | -84.34 | 35.16 | 6.13 | 39.52 | 0.0 | 0 | 0 | -11.62 | 0 | 27.91 | -87.84 | 37.47 | 68.4 | 25.85 | -87.82 | 0.01 | -24.3 |
| 2014 (1) | 295.4 | -22.87 | 526.98 | 34.08 | 125.65 | -15.12 | 11.08 | 0 | 1295.17 | -18.58 | 2.77 | -96.15 | 138.1 | -6.81 | 10.66 | 14.45 | 71.8 | -14.84 | 14.91 | -25.41 | 79.28 | -49.72 | 11.3 | -4.56 | 33.13 | 0.61 | 39.52 | 22.73 | 0 | 0 | 190.04 | -9.95 | 229.56 | -5.62 | 22.25 | 0 | 212.29 | 1.27 | 0.02 | -12.21 |
| 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) | 339.41 | 0.72 | 39.77 | 115.0 | -20.23 | 54.63 | 26.68 | 5.16 | -45.68 | 0 | 0 | 0 | 182.55 | 1.12 | -16.27 | 0.03 | -95.83 | -85.0 | 91.23 | -12.77 | 8.18 | 13.06 | -8.35 | 50.49 | 65.94 | 2.15 | -28.87 | 40.58 | 96.51 | 1695.58 | 156.11 | -10.79 | 30.43 | 0.88 | -9.28 | -15.38 | 40.67 | 0.0 | 0.0 | 35.56 | 0.0 | 1.69 | 22.57 | 0.0 | 1087.89 | -12.88 | 0.31 | -254.81 | 45.25 | 0.09 | 0.13 | -1.74 | -110.5 | -174.04 | -14.62 | -500.55 | -237.02 | 0.01 | -5.86 | -7.07 |
| 23Q3 (19) | 336.98 | 12.72 | 27.61 | 144.17 | -18.01 | 11.03 | 25.37 | 7.82 | 57.87 | 0 | 0 | 0 | 180.53 | 11.24 | -35.41 | 0.72 | 125.0 | -67.71 | 104.59 | 11.3 | -26.18 | 14.25 | 26.31 | 0.08 | 64.55 | 4.62 | -39.1 | 20.65 | 0.0 | 878.67 | 174.99 | 13.21 | 6.86 | 0.97 | 7.78 | -14.16 | 40.67 | 0.0 | 0.0 | 35.56 | 0.0 | 1.69 | 22.57 | 0.0 | 1087.89 | -12.92 | 5.28 | -259.51 | 45.21 | 1.62 | 0.53 | 16.57 | 334.91 | 5.95 | 3.65 | 137.13 | -84.63 | 0.01 | -4.34 | 0.0 |
| 23Q2 (18) | 298.94 | 16.65 | 16.16 | 175.83 | 3.27 | 30.35 | 23.53 | 40.06 | 22.49 | 0 | 0 | 0 | 162.29 | -6.32 | -27.34 | 0.32 | -68.63 | -51.52 | 93.97 | 1.3 | -24.02 | 11.28 | 8.73 | -11.77 | 61.7 | -9.24 | -49.31 | 20.65 | 259.13 | 19.16 | 154.57 | 4.61 | -2.33 | 0.9 | -6.25 | -21.05 | 40.67 | 0.0 | 0.0 | 35.56 | 1.69 | 1.69 | 22.57 | 1087.89 | 1087.89 | -13.64 | -246.2 | -332.37 | 44.49 | -3.72 | 4.09 | 3.81 | 402.38 | 164.8 | -9.83 | -221.81 | -98200.0 | 0.01 | -5.16 | 0.25 |
| 23Q1 (17) | 256.26 | 5.53 | -15.79 | 170.27 | 128.95 | 6.78 | 16.8 | -65.8 | 114.83 | 0 | 0 | 0 | 173.24 | -20.54 | -30.96 | 1.02 | 410.0 | -56.6 | 92.76 | 10.0 | -29.34 | 10.37 | 19.55 | -21.77 | 67.98 | -26.67 | -31.76 | 5.75 | 154.42 | -66.12 | 147.76 | 23.45 | -0.63 | 0.96 | -7.69 | 41.18 | 40.67 | 0.0 | 0.0 | 34.97 | 0.0 | 3.34 | 1.9 | 0.0 | 0 | 9.33 | 12.14 | -34.94 | 46.21 | 2.26 | -4.09 | -1.26 | -153.62 | 85.58 | 8.07 | -24.37 | 44.11 | 0.01 | 8.81 | 82.13 |
| 22Q4 (16) | 242.84 | -8.04 | 17.8 | 74.37 | -42.73 | 165.7 | 49.12 | 205.66 | 33.3 | 0 | 0 | 0 | 218.02 | -22.0 | -9.7 | 0.2 | -91.03 | -83.05 | 84.33 | -40.48 | -32.02 | 8.68 | -39.04 | -27.89 | 92.7 | -12.54 | -14.7 | 2.26 | 7.11 | 1.35 | 119.69 | -26.91 | 17.62 | 1.04 | -7.96 | 57.58 | 40.67 | 0.0 | 0.0 | 34.97 | 0.0 | 3.34 | 1.9 | 0.0 | 0 | 8.32 | 2.72 | -30.55 | 45.19 | 0.49 | -1.4 | 2.35 | -84.97 | 114.87 | 10.67 | -55.05 | 379.32 | 0.01 | 1.3 | 100.66 |
| 22Q3 (15) | 264.08 | 2.61 | -13.87 | 129.85 | -3.74 | 12.37 | 16.07 | -16.35 | -73.66 | 0 | 0 | 0 | 279.51 | 25.14 | 11.04 | 2.23 | 237.88 | -20.07 | 141.68 | 14.55 | 32.3 | 14.24 | 11.35 | 38.83 | 105.99 | -12.92 | 9.19 | 2.11 | -87.82 | -2.31 | 163.75 | 3.48 | 68.74 | 1.13 | -0.88 | 88.33 | 40.67 | 0.0 | 0.0 | 34.97 | 0.0 | 3.34 | 1.9 | 0.0 | 0 | 8.1 | 37.99 | -20.82 | 44.97 | 5.22 | 2.04 | 15.64 | 365.99 | 206.03 | 23.74 | 237500.0 | 625.22 | 0.01 | -4.1 | 104.43 |
| 22Q2 (14) | 257.36 | -15.43 | -10.12 | 134.89 | -15.41 | 41.81 | 19.21 | 145.65 | -62.36 | 0 | 0 | 0 | 223.36 | -10.98 | -9.16 | 0.66 | -71.91 | -79.5 | 123.68 | -5.79 | 18.33 | 12.78 | -3.6 | 37.13 | 121.71 | 22.17 | 40.36 | 17.33 | 2.12 | 579.61 | 158.25 | 6.43 | 50.04 | 1.14 | 67.65 | 78.12 | 40.67 | 0.0 | 0.0 | 34.97 | 3.34 | 6.39 | 1.9 | 0 | 0 | 5.87 | -59.07 | -52.96 | 42.74 | -11.29 | -5.76 | -5.88 | 32.72 | 38.88 | -0.01 | -100.18 | -100.35 | 0.01 | 72.32 | 161.71 |
| 22Q1 (13) | 304.31 | 47.62 | -5.28 | 159.46 | 469.7 | 7.16 | 7.82 | -78.78 | -87.63 | 0 | 0 | 0 | 250.92 | 3.93 | -14.03 | 2.35 | 99.15 | -32.86 | 131.28 | 5.83 | 21.03 | 13.26 | 10.2 | 41.3 | 99.62 | -8.34 | 9.46 | 16.97 | 660.99 | 540.38 | 148.69 | 46.12 | 79.21 | 0.68 | 3.03 | 1.49 | 40.67 | 0.0 | 0.0 | 33.84 | 0.0 | 2.95 | 0 | 0 | 0 | 14.34 | 19.7 | 56.55 | 48.18 | 5.13 | 14.63 | -8.74 | 44.68 | -122.39 | 5.6 | 246.6 | 7.07 | 0.01 | 19.87 | 60.82 |
| 21Q4 (12) | 206.15 | -32.76 | -8.8 | 27.99 | -75.78 | -17.68 | 36.85 | -39.59 | 9.97 | 0 | 0 | 0 | 241.44 | -4.08 | -5.28 | 1.18 | -57.71 | -51.04 | 124.05 | 15.84 | -2.81 | 12.03 | 17.35 | 8.02 | 108.68 | 11.96 | 29.0 | 2.23 | 3.24 | -11.51 | 101.76 | 4.86 | -12.03 | 0.66 | 10.0 | -5.71 | 40.67 | 0.0 | 0.0 | 33.84 | 0.0 | 2.95 | 0 | 0 | 0 | 11.98 | 17.11 | 294.08 | 45.83 | 3.99 | 27.62 | -15.8 | -7.12 | -284.36 | -3.82 | 15.49 | -132.9 | 0.00 | 3.21 | 24.65 |
| 21Q3 (11) | 306.59 | 7.07 | 10.39 | 115.56 | 21.49 | -23.35 | 61.0 | 19.51 | 85.52 | 0 | 0 | 0 | 251.71 | 2.37 | -23.38 | 2.79 | -13.35 | -37.02 | 107.09 | 2.46 | -11.85 | 10.25 | 9.99 | 6.39 | 97.07 | 11.95 | 43.76 | 2.16 | -15.29 | -17.56 | 97.04 | -7.99 | 5.7 | 0.6 | -6.25 | -34.78 | 40.67 | 0.0 | 0.0 | 33.84 | 2.95 | 2.95 | 0 | 0 | 0 | 10.23 | -18.03 | 1550.0 | 44.07 | -2.82 | 31.59 | -14.75 | -53.33 | -435.99 | -4.52 | -258.04 | -190.22 | 0.00 | 22.76 | 20.52 |
| 21Q2 (10) | 286.35 | -10.87 | 48.04 | 95.12 | -36.08 | -29.19 | 51.04 | -19.28 | 16.5 | 0 | 0 | 0 | 245.88 | -15.75 | -12.34 | 3.22 | -8.0 | 4.55 | 104.52 | -3.64 | -1.66 | 9.32 | -0.67 | 16.87 | 86.71 | -4.72 | 5.73 | 2.55 | -3.77 | -5.56 | 105.47 | 27.12 | 33.83 | 0.64 | -4.48 | -32.63 | 40.67 | 0.0 | 0.0 | 32.87 | 0.0 | 0.0 | 0 | 0 | 0 | 12.48 | 36.24 | 428.42 | 45.35 | 7.9 | 56.0 | -9.62 | -144.78 | -200.42 | 2.86 | -45.32 | -50.52 | 0.00 | 5.89 | 0 |
| 21Q1 (9) | 321.28 | 42.14 | 49.7 | 148.81 | 337.68 | -23.69 | 63.23 | 88.69 | 116.1 | 0 | 0 | 0 | 291.86 | 14.5 | 3.53 | 3.5 | 45.23 | 775.0 | 108.47 | -15.02 | 13.2 | 9.39 | -15.75 | 30.9 | 91.01 | 8.02 | 23.1 | 2.65 | 5.16 | -18.21 | 82.97 | -28.27 | -11.91 | 0.67 | -4.29 | -26.37 | 40.67 | 0.0 | 0.0 | 32.87 | 0.0 | 0.58 | 0 | 0 | 0 | 9.16 | 201.32 | 236.92 | 42.03 | 17.04 | 61.72 | -3.93 | -145.86 | -124.1 | 5.23 | -54.95 | -45.63 | 0.00 | -7.09 | 0 |
| 20Q4 (8) | 226.03 | -18.62 | 31.4 | 34.0 | -77.45 | -47.64 | 33.51 | 1.92 | 28.59 | 0 | 0 | 0 | 254.9 | -22.41 | -31.01 | 2.41 | -45.6 | 345.92 | 127.64 | 5.07 | -1.01 | 11.14 | 15.57 | 18.02 | 84.25 | 24.78 | 2.72 | 2.52 | -3.82 | -22.94 | 115.67 | 25.99 | 9.42 | 0.7 | -23.91 | -27.08 | 40.67 | 0.0 | 0.0 | 32.87 | 0.0 | 0.58 | 0 | 0 | 0 | 3.04 | 390.32 | 142.88 | 35.91 | 7.23 | 40.33 | 8.57 | 95.22 | -37.9 | 11.61 | 131.74 | 73.03 | 0.00 | -0.21 | 0 |
| 20Q3 (7) | 277.73 | 43.58 | 92.19 | 150.77 | 12.23 | 3.64 | 32.88 | -24.95 | 79.28 | 0 | 0 | 0 | 328.52 | 17.12 | -17.98 | 4.43 | 43.83 | 94.3 | 121.48 | 14.3 | -7.97 | 9.64 | 20.83 | 0 | 67.52 | -17.67 | -22.52 | 2.62 | -2.96 | -2.96 | 91.81 | 16.5 | -13.74 | 0.92 | -3.16 | -7.07 | 40.67 | 0.0 | 0.0 | 32.87 | 0.0 | 0.58 | 0 | 0 | 0 | 0.62 | 116.32 | 110.06 | 33.49 | 15.2 | 26.28 | 4.39 | -54.18 | -82.92 | 5.01 | -13.32 | -74.36 | 0.00 | 0 | 0 |
| 20Q2 (6) | 193.43 | -9.87 | 46.12 | 134.34 | -31.11 | 58.76 | 43.81 | 49.73 | 118.5 | 0 | 0 | 0 | 280.49 | -0.51 | -1.42 | 3.08 | 670.0 | 470.37 | 106.28 | 10.92 | -17.01 | 7.98 | 11.25 | 0 | 82.01 | 10.93 | 16.44 | 2.7 | -16.67 | -1.82 | 78.81 | -16.33 | -26.28 | 0.95 | 4.4 | -5.94 | 40.67 | 0.0 | 0.0 | 32.87 | 0.58 | 0.58 | 0 | 0 | 0 | -3.8 | 43.2 | 55.03 | 29.07 | 11.85 | 19.93 | 9.58 | -41.26 | -63.86 | 5.78 | -39.92 | -68.0 | 0.00 | 0 | 0 |
| 20Q1 (5) | 214.62 | 24.76 | 33.64 | 195.0 | 200.32 | 139.44 | 29.26 | 12.28 | 1.49 | 0 | 0 | 0 | 281.92 | -23.69 | -9.51 | 0.4 | 140.82 | 66.67 | 95.82 | -25.69 | -21.3 | 7.17 | -24.04 | 0 | 73.93 | -9.86 | -10.5 | 3.24 | -0.92 | 24.14 | 94.19 | -10.9 | -24.2 | 0.91 | -5.21 | -13.33 | 40.67 | 0.0 | 0.0 | 32.68 | 0.0 | 0.68 | 0 | 0 | 0 | -6.69 | 5.64 | 17.31 | 25.99 | 1.56 | 6.65 | 16.31 | 18.19 | -31.81 | 9.62 | 43.37 | -39.23 | 0.00 | 0 | -100.0 |
| 19Q4 (4) | 172.02 | 19.04 | 0.0 | 64.93 | -55.37 | 0.0 | 26.06 | 42.09 | 0.0 | 0 | 0 | 0.0 | 369.45 | -7.76 | 0.0 | -0.98 | -142.98 | 0.0 | 128.94 | -2.32 | 0.0 | 9.44 | 0 | 0.0 | 82.02 | -5.89 | 0.0 | 3.27 | 21.11 | 0.0 | 105.71 | -0.69 | 0.0 | 0.96 | -3.03 | 0.0 | 40.67 | 0.0 | 0.0 | 32.68 | 0.0 | 0.0 | 0 | 0 | 0.0 | -7.09 | -15.1 | 0.0 | 25.59 | -3.51 | 0.0 | 13.8 | -46.3 | 0.0 | 6.71 | -65.66 | 0.0 | 0.00 | 0 | 0.0 |
