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) | 24.25 | -16.18 | 4.41 | 107.04 | 0 | 0 | 0 | 0 | 91.4 | 6.37 | 10.42 | 30.74 | 19.17 | -7.53 | 20.97 | -13.06 | 21.26 | 77.31 | 0 | 0 | 3.15 | -58.28 | 0.56 | -22.22 | 3.68 | 8.55 | 4.99 | 33.78 | 0 | 0 | 15.91 | 23.62 | 20.9 | 20.39 | 0.79 | 0 | 16.7 | 34.68 | 0.18 | 23.17 |
| 2022 (9) | 28.93 | 77.38 | 2.13 | 18.33 | 0 | 0 | 0 | 0 | 85.93 | 37.27 | 7.97 | 40.32 | 20.73 | -6.92 | 24.12 | -32.19 | 11.99 | 196.05 | 0 | 0 | 7.55 | 0 | 0.72 | -17.24 | 3.39 | 0.0 | 3.73 | 17.67 | 0.76 | 11.76 | 12.87 | 17.64 | 17.36 | 17.3 | -0.47 | 0 | 12.4 | 21.81 | 0.15 | 11.31 |
| 2021 (8) | 16.31 | -2.97 | 1.8 | -40.2 | 0 | 0 | 0 | 0 | 62.6 | 61.47 | 5.68 | 39.56 | 22.27 | 37.22 | 35.58 | -15.02 | 4.05 | 151.55 | 0 | 0 | 0 | 0 | 0.87 | 2800.0 | 3.39 | 0.0 | 3.17 | 14.86 | 0.68 | -12.82 | 10.94 | 30.86 | 14.8 | 24.27 | -0.76 | 0 | 10.18 | 32.55 | 0.13 | 0 |
| 2020 (7) | 16.81 | 3.77 | 3.01 | 0 | 0 | 0 | 0 | 0 | 38.77 | -12.01 | 4.07 | -18.11 | 16.23 | 20.4 | 41.86 | 36.83 | 1.61 | -66.11 | 1.13 | 0 | 0 | 0 | 0.03 | 0 | 3.39 | 0.0 | 2.76 | 22.12 | 0.78 | 95.0 | 8.36 | -1.88 | 11.91 | 6.43 | -0.68 | 0 | 7.68 | -0.78 | 0.00 | 0 |
| 2019 (6) | 16.2 | -5.7 | 0 | 0 | 0 | 0 | 0 | 0 | 44.06 | -9.47 | 4.97 | -11.25 | 13.48 | -16.06 | 30.59 | -7.28 | 4.75 | 54.72 | 0 | 0 | 0 | 0 | 0 | 0 | 3.39 | 0.0 | 2.26 | 32.94 | 0.4 | 53.85 | 8.52 | -9.75 | 11.19 | -1.84 | -0.78 | 0 | 7.74 | -14.38 | 0.00 | 0 |
| 2018 (5) | 17.18 | -23.51 | 0 | 0 | 0 | 0 | 0 | 0 | 48.67 | 45.59 | 5.6 | 25.28 | 16.06 | 147.84 | 33.00 | 70.23 | 3.07 | -81.21 | 0 | 0 | 0 | 0 | 0 | 0 | 3.39 | 0.0 | 1.7 | 34.92 | 0.26 | -21.21 | 9.44 | 43.25 | 11.4 | 39.36 | -0.4 | 0 | 9.04 | 42.81 | 0.00 | 0 |
| 2017 (4) | 22.46 | 101.8 | 0 | 0 | 0 | 0 | 0 | 0 | 33.43 | 26.1 | 4.47 | 69.32 | 6.48 | -18.39 | 19.38 | -35.28 | 16.34 | 48.95 | 0 | 0 | 0 | 0 | 0 | 0 | 3.39 | 14.53 | 1.26 | 27.27 | 0.33 | 266.67 | 6.59 | 48.09 | 8.18 | 47.65 | -0.26 | 0 | 6.33 | 50.36 | 0.00 | 0 |
| 2016 (3) | 11.13 | 252.22 | 0 | 0 | 0 | 0 | 0 | 0 | 26.51 | 1.03 | 2.64 | 76.0 | 7.94 | -11.78 | 29.95 | -12.68 | 10.97 | 2.72 | 0 | 0 | 0 | 0 | 0 | 0 | 2.96 | 16.54 | 0.99 | 17.86 | 0.09 | 0.0 | 4.45 | 48.33 | 5.54 | 40.61 | -0.24 | 0 | 4.21 | 31.15 | 0.00 | 0 |
| 2015 (2) | 3.16 | 91.52 | 0 | 0 | 0 | 0 | 0 | 0 | 26.24 | 60.98 | 1.5 | 158.62 | 9.0 | 152.81 | 34.30 | 57.04 | 10.68 | 5.01 | 0 | 0 | 0 | 0 | 0 | 0 | 2.54 | 47.67 | 0.84 | 9.09 | 0.09 | 0.0 | 3.0 | 23.46 | 3.94 | 19.76 | 0.21 | 10.53 | 3.21 | 22.52 | 0.00 | 0 |
| 2014 (1) | 1.65 | 179.66 | 0 | 0 | 0 | 0 | 0 | 0 | 16.3 | 107.64 | 0.58 | -41.41 | 3.56 | 119.75 | 21.84 | 5.83 | 10.17 | 512.65 | 0 | 0 | 0 | 0 | 0 | 0 | 1.72 | 12.42 | 0.77 | 14.93 | 0.09 | 0 | 2.43 | 22.73 | 3.29 | 24.15 | 0.19 | 11.76 | 2.62 | 21.86 | 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) | 24.25 | -2.73 | -16.18 | 4.41 | -41.2 | 107.04 | 0 | 0 | 0 | 0 | 0 | 0 | 26.85 | 11.27 | 6.34 | 3.37 | 35.89 | 94.8 | 19.17 | -4.39 | -7.53 | 20.97 | -6.06 | -13.06 | 21.26 | 4.99 | 77.31 | 0 | 0 | 0 | 3.15 | -31.07 | -58.28 | 0.56 | -5.08 | -22.22 | 3.68 | 2.51 | 8.55 | 4.99 | 10.15 | 33.78 | 0 | -100.0 | -100.0 | 15.91 | 6.14 | 23.62 | 20.9 | 4.55 | 20.39 | 0.79 | -8.14 | 268.09 | 16.7 | 5.36 | 34.68 | 0.18 | 6.55 | 23.17 |
| 23Q3 (19) | 24.93 | 6.86 | 59.6 | 7.5 | 149.17 | 89.87 | 0 | 0 | 0 | 0 | 0 | 0 | 24.13 | -2.51 | -4.55 | 2.48 | -29.55 | -6.06 | 20.05 | 7.16 | -18.76 | 22.33 | 8.53 | -25.4 | 20.25 | 14.08 | 79.2 | 0 | 0 | 0 | 4.57 | -39.55 | 0 | 0.59 | -4.84 | -25.32 | 3.59 | 5.59 | 5.9 | 4.53 | 0.0 | 21.45 | 0.47 | 0.0 | -38.16 | 14.99 | 19.82 | 20.21 | 19.99 | 14.16 | 17.87 | 0.86 | 437.5 | 268.63 | 15.85 | 25.1 | 32.53 | 0.17 | -9.4 | 18.26 |
| 23Q2 (18) | 23.33 | 9.17 | 66.05 | 3.01 | 171.17 | 43.33 | 0 | 0 | 0 | 0 | 0 | 0 | 24.75 | 57.95 | 32.92 | 3.52 | 235.24 | 91.3 | 18.71 | 2.69 | -23.23 | 20.57 | -4.23 | -37.82 | 17.75 | 7.06 | 93.78 | 0 | 0 | 0 | 7.56 | -0.13 | 0 | 0.62 | -6.06 | -23.46 | 3.4 | 0.29 | 0.29 | 4.53 | 21.45 | 21.45 | 0.47 | -38.16 | -38.16 | 12.51 | 31.55 | 27.26 | 17.51 | 25.07 | 22.28 | 0.16 | 900.0 | 128.07 | 12.67 | 33.51 | 36.83 | 0.19 | 11.49 | 29.14 |
| 23Q1 (17) | 21.37 | -26.13 | 69.6 | 1.11 | -47.89 | -26.0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.67 | -37.94 | -6.62 | 1.05 | -39.31 | -40.0 | 18.22 | -12.11 | -11.94 | 21.48 | -10.96 | -25.75 | 16.58 | 38.28 | 117.3 | 0 | 0 | 0 | 7.57 | 0.26 | 0 | 0.66 | -8.33 | -18.52 | 3.39 | 0.0 | 0.0 | 3.73 | 0.0 | 17.67 | 0.76 | 0.0 | 11.76 | 9.51 | -26.11 | 10.2 | 14.0 | -19.35 | 12.18 | -0.02 | 95.74 | 92.59 | 9.49 | -23.47 | 13.52 | 0.17 | 14.45 | 7.98 |
| 22Q4 (16) | 28.93 | 85.21 | 77.38 | 2.13 | -46.08 | 18.33 | 0 | 0 | 0 | 0 | 0 | 0 | 25.25 | -0.12 | 15.93 | 1.73 | -34.47 | -20.64 | 20.73 | -16.0 | -6.92 | 24.12 | -19.4 | -32.19 | 11.99 | 6.11 | 196.05 | 0 | 0 | 0 | 7.55 | 0 | 0 | 0.72 | -8.86 | -17.24 | 3.39 | 0.0 | 0.0 | 3.73 | 0.0 | 17.67 | 0.76 | 0.0 | 11.76 | 12.87 | 3.21 | 17.64 | 17.36 | 2.36 | 17.3 | -0.47 | 7.84 | 38.16 | 12.4 | 3.68 | 21.81 | 0.15 | 2.3 | 11.31 |
| 22Q3 (15) | 15.62 | 11.17 | 10.0 | 3.95 | 88.1 | 58.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 25.28 | 35.77 | 53.4 | 2.64 | 43.48 | 95.56 | 24.68 | 1.27 | 38.96 | 29.93 | -9.54 | -15.91 | 11.3 | 23.36 | 153.36 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.79 | -2.47 | 36.21 | 3.39 | 0.0 | 0.0 | 3.73 | 0.0 | 17.67 | 0.76 | 0.0 | 11.76 | 12.47 | 26.86 | 41.06 | 16.96 | 18.44 | 33.65 | -0.51 | 10.53 | 44.57 | 11.96 | 29.16 | 51.01 | 0.14 | -1.07 | 23.08 |
| 22Q2 (14) | 14.05 | 11.51 | -24.87 | 2.1 | 40.0 | -39.13 | 0 | 0 | -100.0 | 0 | 0 | 0 | 18.62 | 10.97 | 12.99 | 1.84 | 5.14 | 22.67 | 24.37 | 17.79 | 23.27 | 33.08 | 14.36 | -29.23 | 9.16 | 20.05 | 124.51 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.81 | 0.0 | 37.29 | 3.39 | 0.0 | 0.0 | 3.73 | 17.67 | 17.67 | 0.76 | 11.76 | 11.76 | 9.83 | 13.9 | 31.24 | 14.32 | 14.74 | 26.28 | -0.57 | -111.11 | 31.33 | 9.26 | 10.77 | 39.04 | 0.14 | -6.78 | 19.21 |
| 22Q1 (13) | 12.6 | -22.75 | -35.42 | 1.5 | -16.67 | -72.68 | 0 | 0 | -100.0 | 0 | 0 | 0 | 16.78 | -22.96 | 113.49 | 1.75 | -19.72 | 169.23 | 20.69 | -7.09 | 32.88 | 28.93 | -18.68 | -30.86 | 7.63 | 88.4 | 226.07 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.81 | -6.9 | 42.11 | 3.39 | 0.0 | 0.0 | 3.17 | 0.0 | 14.86 | 0.68 | 0.0 | -12.82 | 8.63 | -21.12 | 36.98 | 12.48 | -15.68 | 26.83 | -0.27 | 64.47 | 63.01 | 8.36 | -17.88 | 50.09 | 0.15 | 17.98 | 27.1 |
| 21Q4 (12) | 16.31 | 14.86 | -2.97 | 1.8 | -28.0 | -40.2 | 0 | -100.0 | 0 | 0 | 0 | 0 | 21.78 | 32.16 | 139.87 | 2.18 | 61.48 | 169.14 | 22.27 | 25.39 | 37.22 | 35.58 | -0.05 | -15.02 | 4.05 | -9.19 | 151.55 | 0 | 0 | -100.0 | 0 | -100.0 | 0 | 0.87 | 50.0 | 2800.0 | 3.39 | 0.0 | 0.0 | 3.17 | 0.0 | 14.86 | 0.68 | 0.0 | -12.82 | 10.94 | 23.76 | 30.86 | 14.8 | 16.63 | 24.27 | -0.76 | 17.39 | -11.76 | 10.18 | 28.54 | 32.55 | 0.13 | 13.11 | 0 |
| 21Q3 (11) | 14.2 | -24.06 | 10.16 | 2.5 | -27.54 | 38.89 | 0.05 | 0.0 | 0 | 0 | 0 | 0 | 16.48 | 0.0 | 85.79 | 1.35 | -10.0 | 51.69 | 17.76 | -10.17 | 33.13 | 35.59 | -23.87 | 8.59 | 4.46 | 9.31 | 94.76 | 0 | 0 | 0 | 0.55 | -1.79 | 0 | 0.58 | -1.69 | 0 | 3.39 | 0.0 | 0.0 | 3.17 | 0.0 | 14.86 | 0.68 | 0.0 | -12.82 | 8.84 | 18.02 | 17.55 | 12.69 | 11.9 | 14.74 | -0.92 | -10.84 | -5.75 | 7.92 | 18.92 | 19.1 | 0.12 | -4.17 | 0 |
| 21Q2 (10) | 18.7 | -4.15 | 13.47 | 3.45 | -37.16 | 0 | 0.05 | 0.0 | 0 | 0 | 0 | 0 | 16.48 | 109.67 | 44.56 | 1.5 | 130.77 | 2.74 | 19.77 | 26.97 | 62.72 | 46.75 | 11.72 | 63.52 | 4.08 | 74.36 | 74.36 | 0 | 0 | 0 | 0.56 | -8.2 | 0 | 0.59 | 3.51 | 0 | 3.39 | 0.0 | 0.0 | 3.17 | 14.86 | 14.86 | 0.68 | -12.82 | -12.82 | 7.49 | 18.89 | 12.97 | 11.34 | 15.24 | 11.5 | -0.83 | -13.7 | 25.23 | 6.66 | 19.57 | 20.65 | 0.12 | -0.61 | 0 |
| 21Q1 (9) | 19.51 | 16.06 | 40.06 | 5.49 | 82.39 | 0 | 0.05 | 0 | 0 | 0 | 0 | 0 | 7.86 | -13.44 | -16.56 | 0.65 | -19.75 | -29.35 | 15.57 | -4.07 | 68.69 | 41.84 | -0.04 | 86.87 | 2.34 | 45.34 | -57.91 | 0 | -100.0 | 0 | 0.61 | 0 | 0 | 0.57 | 1800.0 | 0 | 3.39 | 0.0 | 0.0 | 2.76 | 0.0 | 22.12 | 0.78 | 0.0 | 95.0 | 6.3 | -24.64 | -33.26 | 9.84 | -17.38 | -18.74 | -0.73 | -7.35 | 22.34 | 5.57 | -27.47 | -34.47 | 0.12 | 0 | 0 |
| 20Q4 (8) | 16.81 | 30.41 | 3.77 | 3.01 | 67.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.08 | 2.37 | -17.53 | 0.81 | -8.99 | -35.2 | 16.23 | 21.66 | 20.4 | 41.86 | 27.72 | 36.83 | 1.61 | -29.69 | -66.11 | 1.13 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0 | 0 | 3.39 | 0.0 | 0.0 | 2.76 | 0.0 | 22.12 | 0.78 | 0.0 | 95.0 | 8.36 | 11.17 | -1.88 | 11.91 | 7.69 | 6.43 | -0.68 | 21.84 | 12.82 | 7.68 | 15.49 | -0.78 | 0.00 | 0 | 0 |
| 20Q3 (7) | 12.89 | -21.78 | -9.42 | 1.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.87 | -22.19 | -16.87 | 0.89 | -39.04 | -43.31 | 13.34 | 9.79 | -0.82 | 32.78 | 14.65 | 0 | 2.29 | -2.14 | -39.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.39 | 0.0 | 0.0 | 2.76 | 0.0 | 22.12 | 0.78 | 0.0 | 95.0 | 7.52 | 13.42 | 2.04 | 11.06 | 8.75 | 10.27 | -0.87 | 21.62 | -26.09 | 6.65 | 20.47 | -0.45 | 0.00 | 0 | 0 |
| 20Q2 (6) | 16.48 | 18.31 | -16.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.4 | 21.02 | 12.65 | 1.46 | 58.7 | 147.46 | 12.15 | 31.64 | -12.34 | 28.59 | 27.67 | 0 | 2.34 | -57.91 | -53.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.39 | 0.0 | 0.0 | 2.76 | 22.12 | 22.12 | 0.78 | 95.0 | 95.0 | 6.63 | -29.77 | 14.31 | 10.17 | -16.02 | 20.07 | -1.11 | -18.09 | -246.88 | 5.52 | -35.06 | 0.73 | 0.00 | 0 | 0 |
| 20Q1 (5) | 13.93 | -14.01 | -24.62 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.42 | -14.44 | -23.16 | 0.92 | -26.4 | -41.4 | 9.23 | -31.53 | -30.29 | 22.39 | -26.81 | 0 | 5.56 | 17.05 | 18.55 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.39 | 0.0 | 0.0 | 2.26 | 0.0 | 32.94 | 0.4 | 0.0 | 53.85 | 9.44 | 10.8 | -14.18 | 12.11 | 8.22 | -6.63 | -0.94 | -20.51 | -394.74 | 8.5 | 9.82 | -21.37 | 0.00 | 0 | 0 |
| 19Q4 (4) | 16.2 | 13.84 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 11.01 | 3.19 | 0.0 | 1.25 | -20.38 | 0.0 | 13.48 | 0.22 | 0.0 | 30.59 | 0 | 0.0 | 4.75 | 24.67 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 3.39 | 0.0 | 0.0 | 2.26 | 0.0 | 0.0 | 0.4 | 0.0 | 0.0 | 8.52 | 15.6 | 0.0 | 11.19 | 11.57 | 0.0 | -0.78 | -13.04 | 0.0 | 7.74 | 15.87 | 0.0 | 0.00 | 0 | 0.0 |
