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) | 89.51 | 39.62 | 5.41 | 54.57 | 0 | 0 | 0 | 0 | 250.61 | -11.33 | 18.38 | -4.91 | 65.96 | -21.25 | 26.32 | -11.19 | 21.47 | 72.31 | 2.79 | 7.72 | 3.15 | -58.28 | 0.75 | -18.48 | 6.2 | 5.8 | 12.31 | 31.24 | 0.19 | -88.89 | 30.64 | 4.43 | 43.14 | 6.68 | 1.69 | 0 | 32.33 | 14.12 | 0.33 | 9.72 |
| 2022 (9) | 64.11 | 73.32 | 3.5 | -46.24 | 5.46 | 0 | 0 | 0 | 282.62 | 39.79 | 19.33 | 60.55 | 83.76 | 39.25 | 29.64 | -0.39 | 12.46 | 125.72 | 2.59 | 0.0 | 7.55 | -3.21 | 0.92 | -14.81 | 5.86 | 2.45 | 9.38 | 14.67 | 1.71 | 23.02 | 29.34 | 21.74 | 40.44 | 20.11 | -1.01 | 0 | 28.33 | 26.53 | 0.30 | 30.73 |
| 2021 (8) | 36.99 | -28.4 | 6.51 | -2.4 | 0 | 0 | 0 | 0 | 202.17 | 44.64 | 12.04 | 24.12 | 60.15 | 45.71 | 29.75 | 0.74 | 5.52 | 140.0 | 2.59 | -28.25 | 7.8 | 1.17 | 1.08 | 369.57 | 5.72 | -42.34 | 8.18 | 13.45 | 1.39 | 7.75 | 24.1 | 20.2 | 33.67 | 17.93 | -1.71 | 0 | 22.39 | 19.99 | 0.23 | 24.46 |
| 2020 (7) | 51.66 | 33.32 | 6.67 | 386.86 | 0 | 0 | 0 | 0 | 139.77 | 10.27 | 9.7 | -6.37 | 41.28 | 4.93 | 29.53 | -4.84 | 2.3 | -52.58 | 3.61 | 49.79 | 7.71 | 0 | 0.23 | 0 | 9.92 | 83.03 | 7.21 | 16.67 | 1.29 | 86.96 | 20.05 | -0.35 | 28.55 | 5.78 | -1.39 | 0 | 18.66 | -0.9 | 0.18 | -2.87 |
| 2019 (6) | 38.75 | -12.43 | 1.37 | 1.48 | 0 | 0 | 0 | 0 | 126.75 | -10.87 | 10.36 | -1.24 | 39.34 | 13.47 | 31.04 | 27.31 | 4.85 | 51.09 | 2.41 | -1.23 | 0 | 0 | 0 | 0 | 5.42 | 0.0 | 6.18 | 20.47 | 0.69 | 21.05 | 20.12 | 5.12 | 26.99 | 8.7 | -1.29 | 0 | 18.83 | 2.11 | 0.19 | -1.79 |
| 2018 (5) | 44.25 | 12.68 | 1.35 | -60.87 | 0 | 0 | 0 | 0 | 142.21 | 24.33 | 10.49 | 24.58 | 34.67 | 35.11 | 24.38 | 8.67 | 3.21 | -80.59 | 2.44 | -1.21 | 0 | 0 | 0 | 0 | 5.42 | 14.83 | 5.13 | 19.58 | 0.57 | 29.55 | 19.14 | 20.76 | 24.83 | 20.71 | -0.7 | 0 | 18.44 | 21.48 | 0.19 | 13.23 |
| 2017 (4) | 39.27 | 53.82 | 3.45 | 77.84 | 0 | 0 | 0 | 0 | 114.38 | 36.1 | 8.42 | 93.12 | 25.66 | 4.86 | 22.43 | -22.95 | 16.54 | 38.53 | 2.47 | -0.8 | 0 | 0 | 0 | 0 | 4.72 | 0.0 | 4.29 | 11.43 | 0.44 | 18.92 | 15.85 | 34.78 | 20.57 | 28.72 | -0.67 | 0 | 15.18 | 38.38 | 0.17 | 80.05 |
| 2016 (3) | 25.53 | 70.77 | 1.94 | 5.43 | 0 | 0 | 0 | 0 | 84.04 | -1.81 | 4.36 | 4.81 | 24.47 | -10.79 | 29.12 | -9.15 | 11.94 | 3.74 | 2.49 | 678.12 | 0 | 0 | 0 | 0 | 4.72 | 1.29 | 3.85 | 12.24 | 0.37 | 0.0 | 11.76 | 9.8 | 15.98 | 10.06 | -0.79 | 0 | 10.97 | 0.27 | 0.09 | 100.13 |
| 2015 (2) | 14.95 | 31.03 | 1.84 | 135.9 | 0 | 0 | 0 | 0 | 85.59 | 12.89 | 4.16 | 337.89 | 27.43 | 48.43 | 32.05 | 31.49 | 11.51 | 7.07 | 0.32 | 0.0 | 0 | 0 | 0 | 0 | 4.66 | 1.08 | 3.43 | 2.69 | 0.37 | 0.0 | 10.71 | 41.11 | 14.52 | 28.5 | 0.23 | -58.93 | 10.94 | 34.23 | 0.05 | 49.27 |
| 2014 (1) | 11.41 | -21.63 | 0.78 | -72.92 | 0 | 0 | 0 | 0 | 75.82 | -12.41 | 0.95 | -79.61 | 18.48 | -12.54 | 24.37 | -0.15 | 10.75 | 29.67 | 0.32 | -13.51 | 0 | 0 | 0 | 0 | 4.61 | 0.0 | 3.34 | 16.38 | 0.37 | 0.0 | 7.59 | -35.4 | 11.3 | -24.67 | 0.56 | 36.59 | 8.15 | -32.98 | 0.03 | 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) | 89.51 | 14.79 | 39.62 | 5.41 | -38.38 | 54.57 | 0 | 0 | -100.0 | 0 | 0 | 0 | 66.24 | 2.49 | -17.47 | 3.44 | -32.28 | -40.07 | 65.96 | -3.06 | -21.25 | 26.32 | 2.37 | -11.19 | 21.47 | 5.04 | 72.31 | 2.79 | 3.33 | 7.72 | 3.15 | -31.07 | -58.28 | 0.75 | -6.25 | -18.48 | 6.2 | 0.0 | 5.8 | 12.31 | 8.75 | 31.24 | 0.19 | -81.19 | -88.89 | 30.64 | -6.93 | 4.43 | 43.14 | -4.68 | 6.68 | 1.69 | 62.5 | 267.33 | 32.33 | -4.8 | 14.12 | 0.33 | 6.28 | 9.72 |
| 23Q3 (19) | 77.98 | 0.74 | 27.98 | 8.78 | 95.55 | -23.78 | 0 | -100.0 | 0 | 0 | 0 | 0 | 64.63 | 1.03 | -22.49 | 5.08 | -5.93 | -20.38 | 68.04 | 4.21 | -21.57 | 25.71 | 11.6 | -21.75 | 20.44 | 14.45 | 70.76 | 2.7 | 1.5 | 6.72 | 4.57 | -39.55 | -38.24 | 0.8 | -1.23 | -19.19 | 6.2 | 1.14 | 7.83 | 11.32 | 0.0 | 20.68 | 1.01 | 0.0 | -40.94 | 32.92 | 18.2 | 19.36 | 45.26 | 12.64 | 17.04 | 1.04 | 1980.0 | 262.5 | 33.96 | 21.72 | 26.06 | 0.31 | 3.02 | 2.06 |
| 23Q2 (18) | 77.41 | 19.52 | 154.81 | 4.49 | 102.25 | -36.58 | 1.08 | -31.65 | 0 | 0 | 0 | 0 | 63.97 | 14.7 | -2.23 | 5.4 | 20.81 | 46.74 | 65.29 | -14.6 | -6.61 | 23.04 | -14.16 | -23.88 | 17.86 | 7.66 | 77.89 | 2.66 | 1.53 | 4.31 | 7.56 | -0.13 | -1.95 | 0.81 | -3.57 | -19.8 | 6.13 | 0.49 | 6.98 | 11.32 | 20.68 | 20.68 | 1.01 | -40.94 | -40.94 | 27.85 | 17.61 | 31.43 | 40.18 | 15.53 | 24.43 | 0.05 | 111.36 | 102.78 | 27.9 | 20.05 | 43.89 | 0.30 | -0.67 | 25.19 |
| 23Q1 (17) | 64.77 | 1.03 | 108.13 | 2.22 | -36.57 | -71.86 | 1.58 | -71.06 | 0 | 0 | 0 | 0 | 55.77 | -30.51 | 4.15 | 4.47 | -22.13 | 26.63 | 76.45 | -8.73 | 20.74 | 26.84 | -9.44 | -6.76 | 16.59 | 33.15 | 88.31 | 2.62 | 1.16 | 1.55 | 7.57 | 0.26 | -1.43 | 0.84 | -8.7 | -17.65 | 6.1 | 4.1 | 6.46 | 9.38 | 0.0 | 14.67 | 1.71 | 0.0 | 23.02 | 23.68 | -19.29 | 24.44 | 34.78 | -14.0 | 21.57 | -0.44 | 56.44 | 61.74 | 23.24 | -17.97 | 29.98 | 0.30 | 0.88 | 23.25 |
| 22Q4 (16) | 64.11 | 5.22 | 73.32 | 3.5 | -69.62 | -46.24 | 5.46 | 0 | 0 | 0 | 0 | 0 | 80.26 | -3.74 | 30.17 | 5.74 | -10.03 | 56.4 | 83.76 | -3.45 | 39.25 | 29.64 | -9.8 | -0.38 | 12.46 | 4.09 | 125.72 | 2.59 | 2.37 | 0.0 | 7.55 | 2.03 | -3.21 | 0.92 | -7.07 | -14.81 | 5.86 | 1.91 | 2.45 | 9.38 | 0.0 | 14.67 | 1.71 | 0.0 | 23.02 | 29.34 | 6.38 | 21.74 | 40.44 | 4.58 | 20.11 | -1.01 | -57.81 | 40.94 | 28.33 | 5.16 | 26.53 | 0.30 | -1.14 | 30.73 |
| 22Q3 (15) | 60.93 | 100.56 | 55.39 | 11.52 | 62.71 | 32.72 | 0 | 0 | -100.0 | 0 | 0 | 0 | 83.38 | 27.43 | 65.7 | 6.38 | 73.37 | 95.11 | 86.75 | 24.09 | 72.74 | 32.86 | 8.55 | 16.3 | 11.97 | 19.22 | 114.13 | 2.53 | -0.78 | 0.0 | 7.4 | -4.02 | -11.16 | 0.99 | -1.98 | 25.32 | 5.75 | 0.35 | 0.52 | 9.38 | 0.0 | 14.67 | 1.71 | 0.0 | 23.02 | 27.58 | 30.16 | 34.67 | 38.67 | 19.76 | 28.64 | -0.64 | 64.44 | 66.84 | 26.94 | 38.94 | 45.23 | 0.30 | 26.38 | 36.99 |
| 22Q2 (14) | 30.38 | -2.38 | -36.19 | 7.08 | -10.27 | -22.88 | 0 | 0 | -100.0 | 0 | 0 | 0 | 65.43 | 22.18 | 20.19 | 3.68 | 4.25 | 10.84 | 69.91 | 10.41 | 31.02 | 30.27 | 5.15 | -8.9 | 10.04 | 13.96 | 107.01 | 2.55 | -1.16 | 2.0 | 7.71 | 0.39 | -7.22 | 1.01 | -0.98 | 24.69 | 5.73 | 0.0 | 0.17 | 9.38 | 14.67 | 30.1 | 1.71 | 23.02 | 32.56 | 21.19 | 11.35 | 15.86 | 32.29 | 12.86 | 20.49 | -1.8 | -56.52 | -3.45 | 19.39 | 8.45 | 17.16 | 0.24 | -2.2 | 6.59 |
| 22Q1 (13) | 31.12 | -15.87 | -40.02 | 7.89 | 21.2 | -15.16 | 0 | 0 | -100.0 | 0 | 0 | 0 | 53.55 | -13.15 | 49.75 | 3.53 | -3.81 | 98.31 | 63.32 | 5.27 | 46.68 | 28.79 | -3.24 | -3.49 | 8.81 | 59.6 | 145.4 | 2.58 | -0.39 | 3.2 | 7.68 | -1.54 | -7.91 | 1.02 | -5.56 | 30.77 | 5.73 | 0.17 | 0.17 | 8.18 | 0.0 | 13.45 | 1.39 | 0.0 | 7.75 | 19.03 | -21.04 | 27.12 | 28.61 | -15.03 | 21.85 | -1.15 | 32.75 | 23.33 | 17.88 | -20.14 | 32.74 | 0.24 | 7.0 | 7.21 |
| 21Q4 (12) | 36.99 | -5.66 | -28.4 | 6.51 | -25.0 | -2.4 | 0 | -100.0 | 0 | 0 | 0 | 0 | 61.66 | 22.54 | 65.57 | 3.67 | 12.23 | 33.94 | 60.15 | 19.77 | 45.71 | 29.75 | 5.31 | 0.73 | 5.52 | -1.25 | 140.0 | 2.59 | 2.37 | -28.25 | 7.8 | -6.36 | 1.17 | 1.08 | 36.71 | 369.57 | 5.72 | 0.0 | -42.34 | 8.18 | 0.0 | 13.45 | 1.39 | 0.0 | 7.75 | 24.1 | 17.68 | 20.2 | 33.67 | 12.01 | 17.93 | -1.71 | 11.4 | -23.02 | 22.39 | 20.7 | 19.99 | 0.23 | 3.59 | 24.46 |
| 21Q3 (11) | 39.21 | -17.64 | 22.19 | 8.68 | -5.45 | 29.36 | 0.05 | 0.0 | 0 | 0 | 0 | 0 | 50.32 | -7.57 | 51.79 | 3.27 | -1.51 | 73.02 | 50.22 | -5.88 | 22.67 | 28.25 | -14.98 | -6.9 | 5.59 | 15.26 | 141.99 | 2.53 | 1.2 | 5.86 | 8.33 | 0.24 | 0 | 0.79 | -2.47 | 0 | 5.72 | 0.0 | 5.54 | 8.18 | 13.45 | 13.45 | 1.39 | 7.75 | 7.75 | 20.48 | 11.97 | 18.31 | 30.06 | 12.16 | 16.42 | -1.93 | -10.92 | -23.72 | 18.55 | 12.08 | 17.78 | 0.22 | -1.67 | 10.59 |
| 21Q2 (10) | 47.61 | -8.23 | 17.04 | 9.18 | -1.29 | 415.73 | 0.05 | 0.0 | 0 | 0 | 0 | 0 | 54.44 | 52.24 | 41.11 | 3.32 | 86.52 | 14.09 | 53.36 | 23.6 | 41.5 | 33.23 | 11.4 | 15.89 | 4.85 | 35.1 | 81.65 | 2.5 | 0.0 | 4.17 | 8.31 | -0.36 | 0 | 0.81 | 3.85 | 0 | 5.72 | 0.0 | 5.54 | 7.21 | 0.0 | 0 | 1.29 | 0.0 | 0 | 18.29 | 22.18 | 0 | 26.8 | 14.14 | 11.95 | -1.74 | -16.0 | 3.33 | 16.55 | 22.87 | 1019.44 | 0.22 | -1.64 | 12.95 |
| 21Q1 (9) | 51.88 | 0.43 | 47.47 | 9.3 | 39.43 | 921.98 | 0.05 | 0 | 0 | 0 | 0 | 0 | 35.76 | -3.97 | 16.1 | 1.78 | -35.04 | -17.97 | 43.17 | 4.58 | 19.88 | 29.83 | 0.99 | 7.65 | 3.59 | 56.09 | -36.23 | 2.5 | -30.75 | 4.17 | 8.34 | 8.17 | 0 | 0.78 | 239.13 | 0 | 5.72 | -42.34 | 5.54 | 7.21 | 0.0 | 16.67 | 1.29 | 0.0 | 86.96 | 14.97 | -25.34 | 5.65 | 23.48 | -17.76 | 11.65 | -1.5 | -7.91 | 1.96 | 13.47 | -27.81 | 6.57 | 0.23 | 24.22 | 3.63 |
| 20Q4 (8) | 51.66 | 60.98 | 33.32 | 6.67 | -0.6 | 386.86 | 0 | 0 | 0 | 0 | 0 | 0 | 37.24 | 12.34 | 15.01 | 2.74 | 44.97 | 5.38 | 41.28 | 0.83 | 4.93 | 29.53 | -2.68 | -4.85 | 2.3 | -0.43 | -52.58 | 3.61 | 51.05 | 49.79 | 7.71 | 0 | 0 | 0.23 | 0 | 0 | 9.92 | 83.03 | 83.03 | 7.21 | 0.0 | 16.67 | 1.29 | 0.0 | 86.96 | 20.05 | 15.83 | -0.35 | 28.55 | 10.57 | 5.78 | -1.39 | 10.9 | -7.75 | 18.66 | 18.48 | -0.9 | 0.18 | -7.95 | -2.87 |
| 20Q3 (7) | 32.09 | -21.12 | 20.14 | 6.71 | 276.97 | 819.18 | 0 | 0 | 0 | 0 | 0 | 0 | 33.15 | -14.07 | 11.39 | 1.89 | -35.05 | -23.79 | 40.94 | 8.57 | -2.62 | 30.35 | 5.84 | 0 | 2.31 | -13.48 | -40.16 | 2.39 | -0.42 | -0.83 | 0 | 0 | 0 | 0 | 0 | 0 | 5.42 | 0.0 | 0.0 | 7.21 | 0 | 16.67 | 1.29 | 0 | 86.96 | 17.31 | 0 | -1.65 | 25.82 | 7.85 | 5.56 | -1.56 | 13.33 | -31.09 | 15.75 | 975.0 | -4.02 | 0.20 | 0.42 | 6.01 |
| 20Q2 (6) | 40.68 | 15.63 | 6.27 | 1.78 | 95.6 | 493.33 | 0 | 0 | 0 | 0 | 0 | 0 | 38.58 | 25.26 | 4.21 | 2.91 | 34.1 | -1.02 | 37.71 | 4.72 | -8.56 | 28.67 | 3.48 | 0 | 2.67 | -52.58 | -50.83 | 2.4 | 0.0 | -0.83 | 0 | 0 | 0 | 0 | 0 | 0 | 5.42 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | 0 | -100.0 | -100.0 | 0 | -100.0 | -100.0 | 23.94 | 13.84 | 8.92 | -1.8 | -17.65 | -227.27 | -1.8 | -114.24 | -112.35 | 0.20 | -9.75 | 6.79 |
| 20Q1 (5) | 35.18 | -9.21 | -14.88 | 0.91 | -33.58 | 1.11 | 0 | 0 | 0 | 0 | 0 | 0 | 30.8 | -4.88 | 11.68 | 2.17 | -16.54 | -7.26 | 36.01 | -8.46 | 3.0 | 27.71 | -10.73 | 0 | 5.63 | 16.08 | 19.03 | 2.4 | -0.41 | -1.23 | 0 | 0 | 0 | 0 | 0 | 0 | 5.42 | 0.0 | 0.0 | 6.18 | 0.0 | 20.47 | 0.69 | 0.0 | 21.05 | 14.17 | -29.57 | -34.03 | 21.03 | -22.08 | -22.6 | -1.53 | -18.6 | -255.81 | 12.64 | -32.87 | -39.95 | 0.22 | 16.42 | 13.54 |
| 19Q4 (4) | 38.75 | 45.08 | 0.0 | 1.37 | 87.67 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 32.38 | 8.8 | 0.0 | 2.6 | 4.84 | 0.0 | 39.34 | -6.42 | 0.0 | 31.04 | 0 | 0.0 | 4.85 | 25.65 | 0.0 | 2.41 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 5.42 | 0.0 | 0.0 | 6.18 | 0.0 | 0.0 | 0.69 | 0.0 | 0.0 | 20.12 | 14.32 | 0.0 | 26.99 | 10.34 | 0.0 | -1.29 | -8.4 | 0.0 | 18.83 | 14.75 | 0.0 | 0.19 | 0.46 | 0.0 |
