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) | 614.21 | 11.18 | 338.53 | 101.27 | 12.5 | -91.97 | 0 | 0 | 1513.98 | -11.65 | 61.89 | -56.41 | 292.29 | -2.59 | 19.31 | 10.26 | 155.08 | -12.51 | 42.72 | -5.9 | 180.26 | 39.03 | 23.13 | 8.13 | 94.7 | 0.0 | 84.17 | 20.33 | 28.82 | -40.55 | 417.49 | 2.58 | 530.49 | 0.96 | -51.2 | 0 | 366.29 | -3.14 | 0.29 | 6.22 |
| 2022 (9) | 552.44 | 63.49 | 168.2 | -14.35 | 155.73 | 0 | 0 | 0 | 1713.56 | 10.54 | 141.97 | 47.1 | 300.05 | -20.06 | 17.51 | -27.68 | 177.25 | 0.28 | 45.4 | 19639.13 | 129.66 | -27.89 | 21.39 | 2.89 | 94.7 | 0.0 | 69.95 | 16.0 | 48.48 | 17.38 | 406.98 | 23.71 | 525.42 | 22.02 | -28.82 | 0 | 378.16 | 34.81 | 0.27 | 5.4 |
| 2021 (8) | 337.9 | -23.59 | 196.37 | 52.95 | 0 | 0 | 0 | 0 | 1550.22 | 18.09 | 96.51 | 19.22 | 375.33 | 11.24 | 24.21 | -5.8 | 176.75 | 35.97 | 0.23 | 0 | 179.82 | 70.92 | 20.79 | -3.97 | 94.7 | 0.0 | 60.3 | 15.54 | 41.3 | -17.65 | 328.99 | 19.94 | 430.59 | 14.33 | -48.48 | 0 | 280.51 | 20.4 | 0.26 | 4.3 |
| 2020 (7) | 442.23 | 15.53 | 128.39 | 32.59 | 88.89 | 0 | 0 | 0 | 1312.79 | 9.34 | 80.95 | -6.79 | 337.41 | 24.56 | 25.70 | 13.92 | 129.99 | 52.62 | 0 | 0 | 105.21 | 17.15 | 21.65 | 501.39 | 94.7 | 4.97 | 52.19 | 19.95 | 50.15 | 70.12 | 274.29 | 4.22 | 376.63 | 12.04 | -41.3 | 0 | 232.99 | 9.37 | 0.25 | -4.03 |
| 2019 (6) | 382.8 | -5.84 | 96.83 | 5.43 | 0 | 0 | 0 | 0 | 1200.68 | 1.83 | 86.85 | 2.81 | 270.88 | 11.58 | 22.56 | 9.58 | 85.17 | -15.54 | 0 | 0 | 89.81 | -2.33 | 3.6 | 93.55 | 90.22 | 12.12 | 43.51 | 24.1 | 29.48 | 71.59 | 263.18 | 10.9 | 336.17 | 16.1 | -50.15 | 0 | 213.03 | 2.5 | 0.26 | -9.11 |
| 2018 (5) | 406.53 | 112.32 | 91.84 | -41.84 | 86.99 | 95.13 | 0 | 0 | 1179.13 | 7.94 | 84.48 | 63.34 | 242.76 | -20.72 | 20.59 | -26.55 | 100.84 | -10.44 | 0 | 0 | 91.95 | -27.6 | 1.86 | 108.99 | 80.47 | 0.0 | 35.06 | 17.3 | 17.18 | 1.78 | 237.32 | 28.38 | 289.55 | 25.01 | -29.48 | 0 | 207.84 | 23.95 | 0.28 | 42.92 |
| 2017 (4) | 191.47 | -10.6 | 157.91 | 29.79 | 44.58 | -51.58 | 0 | 0 | 1092.38 | 32.58 | 51.72 | 49.65 | 306.19 | 60.87 | 28.03 | 21.34 | 112.59 | 56.66 | 0 | 0 | 127.0 | 31.59 | 0.89 | -7.29 | 80.47 | 0.0 | 29.89 | 13.09 | 16.88 | 0 | 184.86 | 6.94 | 231.63 | 16.23 | -17.18 | 0 | 167.68 | 7.5 | 0.20 | 0 |
| 2016 (3) | 214.18 | -0.11 | 121.67 | -1.57 | 92.07 | 75.37 | 0 | 0 | 823.93 | -3.9 | 34.56 | -55.3 | 190.33 | 20.29 | 23.10 | 25.18 | 71.87 | 20.99 | 0 | 0 | 96.51 | 0.02 | 0.96 | -2.04 | 80.47 | 0.0 | 26.43 | 41.34 | 0 | 0 | 172.86 | -5.15 | 199.29 | -0.82 | -16.88 | 0 | 155.98 | -23.51 | 0.00 | 0 |
| 2015 (2) | 214.41 | 19.76 | 123.61 | 193.12 | 52.5 | -53.25 | 0 | 0 | 857.38 | 12.88 | 77.31 | 14.79 | 158.22 | -26.28 | 18.45 | -34.69 | 59.4 | -1.59 | 0 | 0 | 96.49 | -29.46 | 0.98 | 4.26 | 80.47 | 8.95 | 18.7 | 56.35 | 0 | 0 | 182.24 | 29.05 | 200.94 | 31.18 | 21.69 | -20.14 | 203.93 | 21.11 | 0.00 | 0 |
| 2014 (1) | 179.03 | 78.74 | 42.17 | -54.25 | 112.3 | 1073.46 | 0 | 0 | 759.54 | 17.79 | 67.35 | 23.1 | 214.63 | -9.9 | 28.26 | -23.51 | 60.36 | 24.02 | 0 | 0 | 136.78 | -6.01 | 0.94 | 5.62 | 73.86 | 0.0 | 11.96 | 84.28 | 0 | 0 | 141.22 | 39.13 | 153.18 | 41.83 | 27.16 | 50.22 | 168.38 | 40.81 | 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 | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23Q4 (20) | 614.21 | 6.52 | 11.18 | 338.53 | 5.04 | 101.27 | 12.5 | 5.49 | -91.97 | 0 | 0 | 0 | 543.96 | 29.76 | 2.82 | 35.04 | 54.29 | -25.54 | 292.29 | -7.84 | -2.59 | 19.31 | -8.75 | 10.26 | 155.08 | -30.49 | -12.51 | 42.72 | -4.54 | -5.9 | 180.26 | -1.09 | 39.03 | 23.13 | -6.66 | 8.13 | 94.7 | 0.0 | 0.0 | 84.17 | 0.0 | 20.33 | 28.82 | 0.0 | -40.55 | 417.49 | 9.16 | 2.58 | 530.49 | 7.07 | 0.96 | -51.2 | -155.23 | -77.65 | 366.29 | 1.08 | -3.14 | 0.29 | -0.45 | 6.22 |
| 23Q3 (19) | 576.64 | 1.01 | 20.5 | 322.3 | 12.95 | 66.77 | 11.85 | -84.77 | -90.19 | 0 | 0 | 0 | 419.19 | 78.1 | -16.17 | 22.71 | 2623.33 | -54.44 | 317.16 | 84.83 | -12.08 | 21.16 | 94.79 | 2.58 | 223.11 | 61.86 | -7.24 | 44.75 | 2.99 | 55837.5 | 182.25 | 63.58 | 20.62 | 24.78 | 15.63 | 16.67 | 94.7 | 0.0 | 0.0 | 84.17 | 0.0 | 20.33 | 28.82 | 0.0 | -40.55 | 382.44 | 6.31 | 6.32 | 495.44 | 4.8 | 3.62 | -20.06 | 65.38 | -33.47 | 362.38 | 20.08 | 5.14 | 0.29 | 0.5 | 7.57 |
| 23Q2 (18) | 570.89 | -15.11 | 30.52 | 285.34 | 39.31 | 76.96 | 77.8 | -49.79 | -30.87 | 0 | 0 | 0 | 235.37 | -25.39 | -31.84 | -0.9 | -117.86 | -103.42 | 171.6 | -8.55 | -30.67 | 10.86 | -2.19 | -26.93 | 137.84 | -1.44 | -34.18 | 43.45 | -3.72 | 27056.25 | 111.41 | -21.96 | -4.29 | 21.43 | -2.37 | 4.08 | 94.7 | 0.0 | 0.0 | 84.17 | 20.33 | 20.33 | 28.82 | -40.55 | -40.55 | 359.74 | 1.28 | 16.09 | 472.73 | -0.19 | 10.37 | -57.95 | -165.95 | -93.42 | 301.79 | -9.48 | 7.82 | 0.29 | 1.14 | 7.88 |
| 23Q1 (17) | 672.48 | 21.73 | 68.18 | 204.83 | 21.78 | 19.76 | 154.96 | -0.49 | 0 | 0 | 0 | 0 | 315.45 | -40.37 | -6.99 | 5.04 | -89.29 | -73.09 | 187.65 | -37.46 | -27.64 | 11.10 | -36.58 | -30.74 | 139.85 | -21.1 | -29.2 | 45.13 | -0.59 | 20413.64 | 142.76 | 10.1 | -24.73 | 21.95 | 2.62 | 6.24 | 94.7 | 0.0 | 0.0 | 69.95 | 0.0 | 16.0 | 48.48 | 0.0 | 17.38 | 355.19 | -12.73 | 18.25 | 473.63 | -9.86 | 17.83 | -21.79 | 24.39 | -33.68 | 333.4 | -11.84 | 17.37 | 0.28 | 4.97 | 3.6 |
| 22Q4 (16) | 552.44 | 15.44 | 63.49 | 168.2 | -12.97 | -14.35 | 155.73 | 28.93 | 0 | 0 | 0 | 0 | 529.02 | 5.79 | -6.27 | 47.06 | -5.6 | -3.37 | 300.05 | -16.82 | -20.06 | 17.51 | -15.11 | -27.68 | 177.25 | -26.31 | 0.28 | 45.4 | 56650.0 | 19639.13 | 129.66 | -14.19 | -27.89 | 21.39 | 0.71 | 2.89 | 94.7 | 0.0 | 0.0 | 69.95 | 0.0 | 16.0 | 48.48 | 0.0 | 17.38 | 406.98 | 13.14 | 23.71 | 525.42 | 9.89 | 22.02 | -28.82 | -91.75 | 40.55 | 378.16 | 9.71 | 34.81 | 0.27 | 0.82 | 5.4 |
| 22Q3 (15) | 478.54 | 9.41 | 57.75 | 193.26 | 19.85 | -13.98 | 120.79 | 7.33 | 17155.71 | 0 | 0 | 0 | 500.05 | 44.8 | 20.15 | 49.85 | 89.26 | 62.17 | 360.74 | 45.75 | 25.69 | 20.63 | 38.76 | 10.52 | 240.53 | 14.86 | -11.68 | 0.08 | -50.0 | -77.78 | 151.1 | 29.81 | -16.29 | 21.24 | 3.16 | 4.27 | 94.7 | 0.0 | 0.0 | 69.95 | 0.0 | 16.0 | 48.48 | 0.0 | 17.38 | 359.71 | 16.08 | 28.36 | 478.15 | 11.64 | 25.23 | -15.03 | 49.83 | 72.2 | 344.68 | 23.14 | 52.4 | 0.27 | 0.79 | 4.51 |
| 22Q2 (14) | 437.39 | 9.39 | 20.61 | 161.25 | -5.72 | 3.8 | 112.54 | 0 | 11154.0 | 0 | 0 | 0 | 345.34 | 1.83 | 16.01 | 26.34 | 40.63 | 247.04 | 247.5 | -4.57 | 11.32 | 14.86 | -7.3 | -3.57 | 209.41 | 6.01 | 8.72 | 0.16 | -27.27 | 0 | 116.4 | -38.63 | -35.4 | 20.59 | -0.34 | -0.96 | 94.7 | 0.0 | 0.0 | 69.95 | 16.0 | 16.0 | 48.48 | 17.38 | 17.38 | 309.87 | 3.17 | 24.2 | 428.3 | 6.55 | 21.99 | -29.96 | -83.8 | 43.86 | 279.91 | -1.46 | 42.72 | 0.27 | -2.88 | 4.21 |
| 22Q1 (13) | 399.86 | 18.34 | -14.48 | 171.03 | -12.9 | 15.75 | 0 | 0 | -100.0 | 0 | 0 | 0 | 339.15 | -39.91 | 24.72 | 18.73 | -61.54 | 97.57 | 259.34 | -30.9 | 30.13 | 16.03 | -33.78 | 13.4 | 197.54 | 11.76 | 17.19 | 0.22 | -4.35 | 0 | 189.67 | 5.48 | 72.24 | 20.66 | -0.63 | -4.79 | 94.7 | 0.0 | 0.0 | 60.3 | 0.0 | 15.54 | 41.3 | 0.0 | -17.65 | 300.36 | -8.7 | 24.55 | 401.96 | -6.65 | 17.02 | -16.3 | 66.38 | 64.97 | 284.06 | 1.27 | 45.95 | 0.27 | 6.8 | 4.69 |
| 21Q4 (12) | 337.9 | 11.39 | -23.59 | 196.37 | -12.6 | 52.95 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 564.42 | 35.62 | 2.25 | 48.7 | 58.43 | 12.78 | 375.33 | 30.78 | 11.24 | 24.21 | 29.73 | -5.8 | 176.75 | -35.1 | 35.97 | 0.23 | -36.11 | 0 | 179.82 | -0.38 | 70.92 | 20.79 | 2.06 | -3.97 | 94.7 | 0.0 | 0.0 | 60.3 | 0.0 | 15.54 | 41.3 | 0.0 | -17.65 | 328.99 | 17.4 | 19.94 | 430.59 | 12.77 | 14.33 | -48.48 | 10.32 | -17.38 | 280.51 | 24.03 | 20.4 | 0.26 | -0.03 | 4.3 |
| 21Q3 (11) | 303.36 | -16.35 | -6.74 | 224.67 | 44.63 | 1649.77 | 0.7 | -30.0 | -98.39 | 0 | 0 | 0 | 416.19 | 39.81 | 29.75 | 30.74 | 305.01 | 88.59 | 287.0 | 29.08 | 28.69 | 18.66 | 21.07 | -1.21 | 272.33 | 41.38 | 76.88 | 0.36 | 0 | 0 | 180.51 | 0.18 | 20.2 | 20.37 | -2.02 | 219.78 | 94.7 | 0.0 | 4.97 | 60.3 | 0.0 | 15.54 | 41.3 | 0.0 | -17.65 | 280.23 | 12.32 | 21.31 | 381.83 | 8.76 | 14.55 | -54.06 | -1.29 | 4.62 | 226.17 | 15.32 | 29.74 | 0.26 | 0.5 | -0.19 |
| 21Q2 (10) | 362.66 | -22.44 | -32.84 | 155.34 | 5.13 | 44.23 | 1.0 | -98.85 | -97.75 | 0 | 0 | 0 | 297.68 | 9.47 | 12.37 | 7.59 | -19.94 | -40.47 | 222.34 | 11.56 | 14.89 | 15.41 | 9.03 | -3.16 | 192.62 | 14.27 | 107.32 | 0 | 0 | 0 | 180.18 | 63.62 | 18.24 | 20.79 | -4.19 | 233.71 | 94.7 | 0.0 | 4.97 | 60.3 | 15.54 | 15.54 | 41.3 | -17.65 | -17.65 | 249.49 | 3.45 | 16.2 | 351.09 | 2.21 | 10.74 | -53.37 | -14.7 | 20.62 | 196.12 | 0.77 | 32.99 | 0.26 | -2.43 | -0.18 |
| 21Q1 (9) | 467.59 | 5.73 | 5.9 | 147.76 | 15.09 | 60.85 | 86.7 | -2.46 | 0 | 0 | 0 | 0 | 271.93 | -50.74 | 55.28 | 9.48 | -78.05 | 8.72 | 199.3 | -40.93 | 38.61 | 14.14 | -44.99 | 16.2 | 168.57 | 29.68 | 49.85 | 0 | 0 | 0 | 110.12 | 4.67 | 21.57 | 21.7 | 0.23 | 250.57 | 94.7 | 0.0 | 4.97 | 52.19 | 0.0 | 19.95 | 50.15 | 0.0 | 70.12 | 241.16 | -12.08 | -11.31 | 343.49 | -8.8 | -0.41 | -46.53 | -12.66 | 19.02 | 194.63 | -16.46 | -9.24 | 0.26 | 6.4 | 1.83 |
| 20Q4 (8) | 442.23 | 35.95 | 15.53 | 128.39 | 899.92 | 32.59 | 88.89 | 103.83 | 0 | 0 | 0 | 0 | 551.99 | 72.08 | 31.51 | 43.18 | 164.91 | 17.34 | 337.41 | 51.29 | 24.56 | 25.70 | 36.05 | 13.92 | 129.99 | -15.57 | 52.62 | 0 | 0 | 0 | 105.21 | -29.94 | 17.15 | 21.65 | 239.87 | 501.39 | 94.7 | 4.97 | 4.97 | 52.19 | 0.0 | 19.95 | 50.15 | 0.0 | 70.12 | 274.29 | 18.74 | 4.22 | 376.63 | 12.99 | 12.04 | -41.3 | 27.13 | 17.65 | 232.99 | 33.66 | 9.37 | 0.25 | -4.34 | -4.03 |
| 20Q3 (7) | 325.29 | -39.76 | -20.29 | 12.84 | -88.08 | -88.1 | 43.61 | -1.78 | 0 | 0 | 0 | 0 | 320.77 | 21.09 | -9.9 | 16.3 | 27.84 | -52.13 | 223.02 | 15.24 | -18.45 | 18.89 | 18.69 | 0 | 153.96 | 65.71 | 39.79 | 0 | 0 | 0 | 150.18 | -1.45 | 61.55 | 6.37 | 2.25 | 584.95 | 90.22 | 0.0 | 0.0 | 52.19 | 0.0 | 19.95 | 50.15 | 0.0 | 70.12 | 231.0 | 7.59 | 2.04 | 333.34 | 5.14 | 11.35 | -56.68 | 15.69 | -34.0 | 174.32 | 18.21 | -5.3 | 0.26 | 0.5 | 1.1 |
| 20Q2 (6) | 539.97 | 22.29 | 35.43 | 107.7 | 17.24 | 46.65 | 44.4 | 0 | 0 | 0 | 0 | 0 | 264.9 | 51.27 | 14.77 | 12.75 | 46.22 | 4.77 | 193.52 | 34.59 | 16.8 | 15.92 | 30.82 | 0 | 92.91 | -17.41 | -4.46 | 0 | 0 | 0 | 152.39 | 68.24 | 63.84 | 6.23 | 0.65 | 569.89 | 90.22 | 0.0 | 0.0 | 52.19 | 19.95 | 19.95 | 50.15 | 70.12 | 70.12 | 214.7 | -21.04 | 11.64 | 317.04 | -8.08 | 19.5 | -67.23 | -17.0 | -253.47 | 147.47 | -31.23 | -14.9 | 0.26 | -0.46 | 1.24 |
| 20Q1 (5) | 441.54 | 15.34 | 15.49 | 91.86 | -5.13 | 16.41 | 0 | 0 | -100.0 | 0 | 0 | 0 | 175.12 | -58.28 | -9.79 | 8.72 | -76.3 | 128.27 | 143.78 | -46.92 | 4.28 | 12.17 | -46.07 | 0 | 112.49 | 32.08 | 55.27 | 0 | 0 | 0 | 90.58 | 0.86 | -1.83 | 6.19 | 71.94 | 572.83 | 90.22 | 0.0 | 12.0 | 43.51 | 0.0 | 24.1 | 29.48 | 0.0 | 71.59 | 271.9 | 3.31 | 12.76 | 344.89 | 2.59 | 17.56 | -57.46 | -14.58 | -313.98 | 214.44 | 0.66 | -5.64 | 0.26 | 0.27 | -7.96 |
| 19Q4 (4) | 382.8 | -6.2 | 0.0 | 96.83 | -10.23 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 419.73 | 17.9 | 0.0 | 36.8 | 8.08 | 0.0 | 270.88 | -0.95 | 0.0 | 22.56 | 0 | 0.0 | 85.17 | -22.67 | 0.0 | 0 | 0 | 0.0 | 89.81 | -3.39 | 0.0 | 3.6 | 287.1 | 0.0 | 90.22 | 0.0 | 0.0 | 43.51 | 0.0 | 0.0 | 29.48 | 0.0 | 0.0 | 263.18 | 16.26 | 0.0 | 336.17 | 12.29 | 0.0 | -50.15 | -18.56 | 0.0 | 213.03 | 15.73 | 0.0 | 0.26 | 0.78 | 0.0 |
