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 | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 (10) | 141.0 | -16.88 | 21.2 | 99.25 | 199.6 | 122.27 | 0 | 0 | 816.1 | 8.8 | 6.01 | 0 | 100.61 | 1.87 | 12.33 | -6.37 | 242.01 | 1.39 | 87.6 | -29.93 | 311.28 | -32.34 | 8.16 | 35.1 | 450.0 | 7.66 | 47.73 | 0.0 | 0 | 0 | 232.12 | 2.24 | 279.85 | 1.85 | 49.67 | -61.45 | 281.79 | -20.82 | 0.08 | -6.82 |
| 2023 (9) | 169.63 | -16.86 | 10.64 | -0.47 | 89.8 | 183.19 | 0 | 0 | 750.06 | -20.65 | -11.47 | 0 | 98.76 | -0.94 | 13.17 | 24.84 | 238.7 | 11.29 | 125.01 | 6.22 | 460.06 | 3.98 | 6.04 | -22.86 | 418.0 | 5.03 | 47.73 | 38.99 | 0 | 0 | 227.03 | -21.12 | 274.76 | -14.71 | 128.85 | -10.28 | 355.88 | -17.51 | 0.08 | -2.6 |
| 2022 (8) | 204.03 | -34.0 | 10.69 | -25.24 | 31.71 | 303.95 | 0 | 0 | 945.3 | -5.06 | 129.27 | -4.91 | 99.7 | -17.98 | 10.55 | -13.6 | 214.48 | 34.55 | 117.69 | 14.35 | 442.46 | 89.86 | 7.83 | -27.03 | 398.0 | 0.0 | 34.34 | 65.49 | 0 | 0 | 287.81 | 38.82 | 322.15 | 41.24 | 143.62 | 19.19 | 431.43 | 31.6 | 0.08 | -1.02 |
| 2021 (7) | 309.14 | 163.23 | 14.3 | -21.47 | 7.85 | -84.3 | 0 | 0 | 995.7 | 64.08 | 135.95 | 942.56 | 121.55 | 24.22 | 12.21 | -24.29 | 159.41 | 12.73 | 102.92 | 18.18 | 233.05 | 13.49 | 10.73 | 20.43 | 398.0 | 0.0 | 20.75 | 8.47 | 0 | 0 | 207.33 | 156.12 | 228.08 | 127.9 | 120.5 | 53.11 | 327.83 | 105.34 | 0.08 | 15.67 |
| 2020 (6) | 117.44 | 2.41 | 18.21 | 82.1 | 50.0 | 21.24 | 0 | 0 | 606.83 | 24.42 | 13.04 | 3.82 | 97.85 | 59.6 | 16.12 | 28.27 | 141.41 | 36.87 | 87.09 | 89.61 | 205.34 | 4.43 | 8.91 | 118.38 | 398.0 | 0.0 | 19.13 | 6.4 | 0 | 0 | 80.95 | 15.73 | 100.08 | 13.8 | 78.7 | 60.91 | 159.65 | 34.32 | 0.07 | 64.02 |
| 2019 (5) | 114.68 | -8.69 | 10.0 | 0 | 41.24 | -9.64 | 0 | 0 | 487.71 | -4.73 | 12.56 | -83.13 | 61.31 | -5.88 | 12.57 | -1.21 | 103.32 | -5.28 | 45.93 | 26.32 | 196.62 | 39.46 | 4.08 | 78.17 | 398.0 | 0.0 | 17.98 | 70.75 | 0 | 0 | 69.95 | -33.81 | 87.94 | -24.33 | 48.91 | 40.42 | 118.86 | -15.41 | 0.04 | 96.17 |
| 2018 (4) | 125.6 | -11.37 | 0 | 0 | 45.64 | 37.3 | 0 | 0 | 511.9 | 7.56 | 74.46 | 34.14 | 65.14 | -3.37 | 12.73 | -10.16 | 109.08 | 34.0 | 36.36 | -18.97 | 140.99 | 61.52 | 2.29 | -20.49 | 398.0 | 0.0 | 10.53 | 111.45 | 0 | 0 | 105.68 | 43.67 | 116.21 | 47.36 | 34.83 | -30.14 | 140.51 | 13.85 | 0.02 | -1.36 |
| 2017 (3) | 141.72 | 84.44 | 5.54 | 0 | 33.24 | 7.57 | 0 | 0 | 475.92 | 13.07 | 55.51 | 91.55 | 67.41 | 16.1 | 14.16 | 2.69 | 81.4 | 8.01 | 44.87 | 65.21 | 87.29 | 31.5 | 2.88 | 1.05 | 398.0 | 11.17 | 4.98 | 138.28 | 0.31 | -97.78 | 73.56 | 149.1 | 78.86 | 73.05 | 49.86 | 315.5 | 123.42 | 197.18 | 0.02 | -20.13 |
| 2016 (2) | 76.84 | 20.12 | 0 | 0 | 30.9 | -29.0 | 0 | 0 | 420.92 | 9.76 | 28.98 | -11.94 | 58.06 | 10.28 | 13.79 | 0.47 | 75.36 | -11.72 | 27.16 | 51.14 | 66.38 | -24.18 | 2.85 | 5.17 | 358.0 | 0.0 | 2.09 | 0 | 13.95 | 0 | 29.53 | 41.56 | 45.57 | 118.46 | 12.0 | 0 | 41.53 | 462.74 | 0.03 | -3.7 |
| 2015 (1) | 63.97 | -8.3 | 0 | 0 | 43.52 | -25.99 | 0 | 0 | 383.5 | 0.95 | 32.91 | 6.99 | 52.65 | -4.58 | 13.73 | -5.48 | 85.36 | 35.13 | 17.97 | -27.98 | 87.55 | -10.32 | 2.71 | -13.14 | 358.0 | -3.11 | 0 | 0 | 0 | 0 | 20.86 | 0 | 20.86 | 0 | -13.48 | 0 | 7.38 | 0 | 0.03 | 5.03 |
| 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 | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24Q4 (20) | 141.0 | -9.06 | -16.88 | 21.2 | -12.51 | 99.25 | 199.6 | 0.66 | 122.27 | 0 | 0 | 0 | 186.92 | -12.29 | -2.51 | -6.48 | -7100.0 | -72.8 | 100.61 | -13.34 | 1.87 | 12.33 | -12.83 | -6.37 | 242.01 | 4.96 | 1.39 | 87.6 | -19.67 | -29.93 | 311.28 | -0.96 | -32.34 | 8.16 | -13.01 | 35.1 | 450.0 | 0.0 | 7.66 | 47.73 | 0.0 | 0.0 | 0 | 0 | 0 | 232.12 | -2.45 | 2.24 | 279.85 | -2.04 | 1.85 | 49.67 | -51.78 | -61.45 | 281.79 | -17.36 | -20.82 | 0.08 | 3.29 | -6.82 |
| 24Q3 (19) | 155.05 | 15.63 | -23.82 | 24.23 | 168.03 | 4.76 | 198.3 | 105.73 | 125.67 | 0 | 0 | 0 | 213.12 | -0.8 | 9.26 | -0.09 | -100.52 | 92.11 | 116.1 | 3.43 | 7.38 | 14.14 | 1.15 | -1.82 | 230.57 | 2.78 | -0.7 | 109.05 | -3.08 | -7.66 | 314.3 | -31.75 | -29.96 | 9.38 | 55.81 | 54.28 | 450.0 | 7.66 | 13.07 | 47.73 | 0.0 | 0.0 | 0 | 0 | 0 | 237.96 | -0.69 | 3.63 | 285.69 | -0.57 | 3.01 | 103.01 | -5.88 | -10.98 | 340.97 | -2.31 | -1.26 | 0.07 | -3.53 | -11.5 |
| 24Q2 (18) | 134.09 | -2.2 | -23.99 | 9.04 | -75.05 | -31.1 | 96.39 | 2.75 | 40.35 | 0 | 0 | 0 | 214.84 | 6.77 | 14.21 | 17.23 | 471.34 | 386.72 | 112.25 | -2.2 | 6.15 | 13.98 | -5.45 | 2.72 | 224.34 | 0.19 | 0.23 | 112.51 | -4.15 | -9.35 | 460.54 | -0.63 | 8.44 | 6.02 | 5.06 | -6.67 | 418.0 | 0.0 | 5.03 | 47.73 | 0.0 | 0.0 | 0 | 0 | 0 | 239.61 | 7.75 | 4.95 | 287.34 | 6.38 | 4.1 | 109.44 | -8.91 | -19.74 | 349.05 | 1.9 | -4.28 | 0.08 | -3.06 | -2.17 |
| 24Q1 (17) | 137.1 | -19.18 | -24.38 | 36.23 | 240.51 | 259.78 | 93.81 | 4.47 | 46.46 | 0 | 0 | 0 | 201.21 | 4.94 | 14.87 | -4.64 | -23.73 | 54.1 | 114.77 | 16.21 | 18.53 | 14.79 | 12.31 | 30.62 | 223.92 | -6.19 | 2.04 | 117.38 | -6.1 | -11.16 | 463.46 | 0.74 | 13.12 | 5.73 | -5.13 | -20.42 | 418.0 | 0.0 | 5.03 | 47.73 | 0.0 | 38.99 | 0 | 0 | 0 | 222.38 | -2.05 | -6.52 | 270.11 | -1.69 | -0.78 | 120.15 | -6.75 | -26.22 | 342.53 | -3.75 | -14.53 | 0.08 | -3.53 | 3.46 |
| 23Q4 (16) | 169.63 | -16.66 | -16.86 | 10.64 | -54.0 | -0.47 | 89.8 | 2.2 | 183.19 | 0 | 0 | 0 | 191.74 | -1.7 | -0.26 | -3.75 | -228.95 | -168.68 | 98.76 | -8.66 | -0.94 | 13.17 | -8.6 | 24.84 | 238.7 | 2.8 | 11.29 | 125.01 | 5.86 | 6.22 | 460.06 | 2.52 | 3.98 | 6.04 | -0.66 | -22.86 | 418.0 | 5.03 | 5.03 | 47.73 | 0.0 | 38.99 | 0 | 0 | 0 | 227.03 | -1.13 | -21.12 | 274.76 | -0.93 | -14.71 | 128.85 | 11.36 | -10.28 | 355.88 | 3.06 | -17.51 | 0.08 | -1.89 | -2.6 |
| 23Q3 (15) | 203.53 | 15.38 | 11.27 | 23.13 | 76.3 | 951.36 | 87.87 | 27.94 | 248.55 | 0 | 0 | 0 | 195.06 | 3.69 | -11.92 | -1.14 | -132.2 | -104.27 | 108.12 | 2.24 | -7.3 | 14.41 | 5.84 | 25.12 | 232.2 | 3.74 | 13.38 | 118.09 | -4.85 | 10.73 | 448.75 | 5.66 | 17.0 | 6.08 | -5.74 | -23.9 | 398.0 | 0.0 | 0.0 | 47.73 | 0.0 | 38.99 | 0 | 0 | 0 | 229.62 | 0.58 | -18.21 | 277.34 | 0.47 | -11.98 | 115.71 | -15.14 | -3.86 | 345.33 | -5.3 | -13.91 | 0.08 | 6.64 | 2.36 |
| 23Q2 (14) | 176.4 | -2.7 | -33.23 | 13.12 | 30.29 | 2016.13 | 68.68 | 7.23 | 92.38 | 0 | 0 | 0 | 188.11 | 7.39 | -29.41 | 3.54 | 135.01 | -93.13 | 105.75 | 9.21 | -17.8 | 13.61 | 20.23 | 12.33 | 223.83 | 2.0 | 18.96 | 124.11 | -6.07 | 22.64 | 424.7 | 3.66 | 38.73 | 6.45 | -10.42 | -21.53 | 398.0 | 0.0 | 0.0 | 47.73 | 38.99 | 38.99 | 0 | 0 | 0 | 228.3 | -4.04 | -10.1 | 276.03 | 1.39 | -4.25 | 136.35 | -16.27 | 34.85 | 364.65 | -9.01 | 2.7 | 0.08 | 2.51 | -2.07 |
| 23Q1 (13) | 181.29 | -11.15 | -39.88 | 10.07 | -5.8 | -29.43 | 64.05 | 101.99 | 307.96 | 0 | 0 | 0 | 175.16 | -8.88 | -33.94 | -10.11 | -285.16 | -122.18 | 96.83 | -2.88 | -20.7 | 11.32 | 7.34 | -2.87 | 219.45 | 2.32 | 24.98 | 132.13 | 12.27 | 33.4 | 409.69 | -7.41 | 81.34 | 7.2 | -8.05 | -30.97 | 398.0 | 0.0 | 0.0 | 34.34 | 0.0 | 65.49 | 0 | 0 | 0 | 237.9 | -17.34 | 11.63 | 272.24 | -15.49 | 16.41 | 162.85 | 13.39 | 39.47 | 400.75 | -7.11 | 21.48 | 0.08 | -9.18 | -4.15 |
| 22Q4 (12) | 204.03 | 11.55 | -34.0 | 10.69 | 385.91 | -25.24 | 31.71 | 25.78 | 303.95 | 0 | 0 | 0 | 192.24 | -13.19 | -26.05 | 5.46 | -79.54 | -86.98 | 99.7 | -14.52 | -17.98 | 10.55 | -8.39 | -13.6 | 214.48 | 4.73 | 34.55 | 117.69 | 10.35 | 14.35 | 442.46 | 15.36 | 89.86 | 7.83 | -2.0 | -27.03 | 398.0 | 0.0 | 0.0 | 34.34 | 0.0 | 65.49 | 0 | 0 | 0 | 287.81 | 2.51 | 38.82 | 322.15 | 2.24 | 41.24 | 143.62 | 19.33 | 19.19 | 431.43 | 7.56 | 31.6 | 0.08 | 3.11 | -1.02 |
| 22Q3 (11) | 182.91 | -30.77 | -18.12 | 2.2 | 254.84 | -85.82 | 25.21 | -29.38 | -31.59 | 0 | 0 | 0 | 221.45 | -16.89 | -18.03 | 26.69 | -48.2 | -40.4 | 116.63 | -9.34 | -9.9 | 11.51 | -4.98 | -16.46 | 204.79 | 8.84 | 34.1 | 106.65 | 5.39 | 16.61 | 383.54 | 25.29 | 88.59 | 7.99 | -2.8 | -18.88 | 398.0 | 0.0 | 0.0 | 34.34 | 0.0 | 65.49 | 0 | 0 | 0 | 280.75 | 10.56 | 69.0 | 315.09 | 9.3 | 68.61 | 120.36 | 19.04 | 23.45 | 401.11 | 12.97 | 52.15 | 0.08 | 2.01 | -2.9 |
| 22Q2 (10) | 264.19 | -12.38 | 48.83 | 0.62 | -95.66 | -96.6 | 35.7 | 127.39 | 19.0 | 0 | 0 | 0 | 266.47 | 0.5 | 5.6 | 51.53 | 13.03 | 54.47 | 128.65 | 5.36 | 1.69 | 12.12 | 3.96 | -20.56 | 188.16 | 7.16 | 30.18 | 101.2 | 2.17 | -8.21 | 306.13 | 35.5 | 43.18 | 8.22 | -21.19 | -0.84 | 398.0 | 0.0 | 0.0 | 34.34 | 65.49 | 79.51 | 0 | 0 | 0 | 253.94 | 19.15 | 106.51 | 288.28 | 23.27 | 102.86 | 101.11 | -13.4 | -29.35 | 355.05 | 7.63 | 33.43 | 0.08 | 0.34 | 2.77 |
| 22Q1 (9) | 301.53 | -2.46 | 130.44 | 14.27 | -0.21 | 4.93 | 15.7 | 100.0 | -68.6 | 0 | 0 | 0 | 265.14 | 1.99 | 24.33 | 45.59 | 8.7 | 187.45 | 122.1 | 0.45 | 13.01 | 11.66 | -4.52 | -23.99 | 175.59 | 10.15 | 21.26 | 99.05 | -3.76 | 10.17 | 225.92 | -3.06 | 10.4 | 10.43 | -2.8 | 21.14 | 398.0 | 0.0 | 0.0 | 20.75 | 0.0 | 8.47 | 0 | 0 | 0 | 213.12 | 2.79 | 118.43 | 233.87 | 2.54 | 100.4 | 116.76 | -3.1 | 31.15 | 329.88 | 0.63 | 76.78 | 0.08 | -6.22 | 8.01 |
| 21Q4 (8) | 309.14 | 38.38 | 163.23 | 14.3 | -7.8 | -21.47 | 7.85 | -78.7 | -84.3 | 0 | 0 | 0 | 259.96 | -3.77 | 27.76 | 41.94 | -6.34 | 1098.29 | 121.55 | -6.1 | 24.22 | 12.21 | -11.42 | -24.29 | 159.41 | 4.39 | 12.73 | 102.92 | 12.53 | 18.18 | 233.05 | 14.59 | 13.49 | 10.73 | 8.93 | 20.43 | 398.0 | 0.0 | 0.0 | 20.75 | 0.0 | 8.47 | 0 | 0 | 0 | 207.33 | 24.81 | 156.12 | 228.08 | 22.05 | 127.9 | 120.5 | 23.59 | 53.11 | 327.83 | 24.36 | 105.34 | 0.08 | 1.15 | 15.67 |
| 21Q3 (7) | 223.4 | 25.85 | 141.88 | 15.51 | -15.06 | -2.51 | 36.85 | 22.83 | -7.88 | 0 | 0 | 0 | 270.15 | 7.06 | 68.49 | 44.78 | 34.23 | 1252.87 | 129.44 | 2.32 | 23.72 | 13.78 | -9.65 | 0 | 152.71 | 5.65 | 6.37 | 91.46 | -17.04 | 41.03 | 203.37 | -4.88 | -16.51 | 9.85 | 18.82 | 12.31 | 398.0 | 0.0 | 0.0 | 20.75 | 8.47 | 8.47 | 0 | 0 | 0 | 166.12 | 35.09 | 115.6 | 186.87 | 31.5 | 94.29 | 97.5 | -31.88 | 187.27 | 263.62 | -0.93 | 137.52 | 0.08 | 7.97 | 72.0 |
| 21Q2 (6) | 177.51 | 35.66 | 41.34 | 18.26 | 34.26 | 356.5 | 30.0 | -40.0 | -25.0 | 0 | 0 | 0 | 252.34 | 18.33 | 97.87 | 33.36 | 110.34 | 370.52 | 126.51 | 17.1 | 88.51 | 15.25 | -0.53 | 0 | 144.54 | -0.18 | 36.58 | 110.25 | 22.62 | 205.74 | 213.81 | 4.48 | 2.46 | 8.29 | -3.72 | 3.88 | 398.0 | 0.0 | 0.0 | 19.13 | 0.0 | 0.0 | 0 | 0 | 0 | 122.97 | 26.03 | 67.47 | 142.11 | 21.77 | 53.53 | 143.12 | 60.75 | 432.64 | 266.09 | 42.6 | 165.29 | 0.08 | 5.45 | 70.3 |
| 21Q1 (5) | 130.85 | 11.42 | 23.07 | 13.6 | -25.32 | 0 | 50.0 | 0.0 | 21.24 | 0 | 0 | 0 | 213.25 | 4.8 | 84.65 | 15.86 | 353.14 | 1922.99 | 108.04 | 10.41 | 72.62 | 15.33 | -4.91 | 0 | 144.8 | 2.4 | 37.0 | 89.91 | 3.24 | 202.83 | 204.64 | -0.34 | 4.02 | 8.61 | -3.37 | 3.24 | 398.0 | 0.0 | 0.0 | 19.13 | 0.0 | 6.4 | 0 | 0 | 0 | 97.57 | 20.53 | 36.65 | 116.7 | 16.61 | 30.57 | 89.03 | 13.13 | 966.23 | 186.6 | 16.88 | 133.98 | 0.07 | 0.44 | 55.85 |
| 20Q4 (4) | 117.44 | 27.15 | 0.0 | 18.21 | 14.46 | 0.0 | 50.0 | 25.0 | 0.0 | 0 | 0 | 0.0 | 203.48 | 26.91 | 0.0 | 3.5 | 5.74 | 0.0 | 97.85 | -6.47 | 0.0 | 16.12 | 0 | 0.0 | 141.41 | -1.5 | 0.0 | 87.09 | 34.29 | 0.0 | 205.34 | -15.7 | 0.0 | 8.91 | 1.6 | 0.0 | 398.0 | 0.0 | 0.0 | 19.13 | 0.0 | 0.0 | 0 | 0 | 0.0 | 80.95 | 5.06 | 0.0 | 100.08 | 4.05 | 0.0 | 78.7 | 131.88 | 0.0 | 159.65 | 43.84 | 0.0 | 0.07 | 50.4 | 0.0 |
