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) | 2.84 | 5.19 | 11.11 | -29.33 | 2.13 | 113.0 | 0 | 0 | 50.95 | 22.8 | 5.27 | -9.29 | 11.92 | 18.49 | 23.40 | -3.51 | 41.95 | 3.2 | 0 | 0 | 13.58 | 28.11 | 0 | 0 | 40.47 | 0.0 | 2.98 | 25.21 | 0.91 | 506.67 | 6.71 | -3.59 | 10.6 | 11.7 | -0.37 | 0 | 6.34 | 4.79 | 0.00 | 0 |
| 2022 (9) | 2.7 | 22.73 | 15.72 | 69.4 | 1.0 | -89.06 | 0 | 0 | 41.49 | 10.08 | 5.81 | 121.76 | 10.06 | 38.76 | 24.25 | 26.05 | 40.65 | 10.58 | 0 | 0 | 10.6 | 783.33 | 0 | 0 | 40.47 | 0.0 | 2.38 | 12.8 | 0.15 | 7.14 | 6.96 | 86.1 | 9.49 | 58.43 | -0.91 | 0 | 6.05 | 62.2 | 0.00 | 0 |
| 2021 (8) | 2.2 | -31.46 | 9.28 | 133.17 | 9.14 | 215.17 | 0 | 0 | 37.69 | -16.8 | 2.62 | -33.16 | 7.25 | -32.43 | 19.24 | -18.79 | 36.76 | 3.67 | 0 | 0 | 1.2 | -88.46 | 0 | 0 | 40.47 | 0.0 | 2.11 | 23.39 | 0.14 | 0.0 | 3.74 | -10.95 | 5.99 | -0.99 | -0.01 | 0 | 3.73 | -12.03 | 0.00 | 0 |
| 2020 (7) | 3.21 | 37.77 | 3.98 | 70.82 | 2.9 | -6.45 | 0 | 0 | 45.3 | 21.38 | 3.92 | 752.17 | 10.73 | 17.52 | 23.69 | -3.18 | 35.46 | 0.85 | 0 | 0 | 10.4 | -11.11 | 0 | 0 | 40.47 | 0.0 | 1.71 | 3.01 | 0.14 | -17.65 | 4.2 | 388.37 | 6.05 | 124.91 | 0.04 | 0.0 | 4.24 | 371.11 | 0.00 | 0 |
| 2019 (6) | 2.33 | 17.09 | 2.33 | -72.68 | 3.1 | 2718.18 | 0 | 0 | 37.32 | 12.04 | 0.46 | 0 | 9.13 | 52.93 | 24.46 | 36.5 | 35.16 | -2.63 | 0 | 0 | 11.7 | 0.86 | 0 | 0 | 40.47 | 0.0 | 1.66 | 0.0 | 0.17 | 0.0 | 0.86 | 0 | 2.69 | 46.99 | 0.04 | 0 | 0.9 | 0 | 0.00 | 0 |
| 2018 (5) | 1.99 | -21.03 | 8.53 | -4.37 | 0.11 | -90.09 | 0 | 0 | 33.31 | -3.0 | -1.77 | 0 | 5.97 | -0.33 | 17.92 | 2.75 | 36.11 | -4.32 | 0 | 0 | 11.6 | 67.63 | 0 | 0 | 40.47 | 0.0 | 1.66 | 0.0 | 0.17 | 21.43 | -0.01 | 0 | 1.83 | -48.88 | -0.03 | 0 | -0.04 | 0 | 0.00 | 0 |
| 2017 (4) | 2.52 | 18.31 | 8.92 | -25.73 | 1.11 | -64.76 | 0 | 0 | 34.34 | -19.22 | -1.01 | 0 | 5.99 | -23.21 | 17.44 | -4.93 | 37.74 | 4.11 | 0 | 0 | 6.92 | 412.59 | 0 | 0 | 40.47 | 0.0 | 1.66 | 22.96 | 0.14 | 0.0 | 1.78 | -67.52 | 3.58 | -48.64 | -0.03 | 0 | 1.75 | -69.57 | 0.01 | -6.03 |
| 2016 (3) | 2.13 | -3.18 | 12.01 | 229.04 | 3.15 | -22.41 | 0 | 0 | 42.51 | -15.34 | 3.15 | -32.98 | 7.8 | -13.62 | 18.35 | 2.02 | 36.25 | 3.34 | 0 | 0 | 1.35 | -80.58 | 0 | 0 | 40.47 | 0.0 | 1.35 | 53.41 | 0.14 | 0.0 | 5.48 | -12.46 | 6.97 | -4.26 | 0.27 | -25.0 | 5.75 | -13.14 | 0.01 | -10.96 |
| 2015 (2) | 2.2 | -15.71 | 3.65 | -7.59 | 4.06 | -48.8 | 0 | 0 | 50.21 | -1.08 | 4.7 | 23.68 | 9.03 | -21.07 | 17.98 | -20.2 | 35.08 | -1.76 | 0 | 0 | 6.95 | -23.88 | 0 | 0 | 40.47 | 0.0 | 0.88 | 76.0 | 0.14 | 0.0 | 6.26 | 40.67 | 7.28 | 43.03 | 0.36 | 28.57 | 6.62 | 39.96 | 0.01 | 7.93 |
| 2014 (1) | 2.61 | 20.28 | 3.95 | -43.25 | 7.93 | 92.48 | 0 | 0 | 50.76 | 4.23 | 3.8 | 112.29 | 11.44 | 0.7 | 22.54 | -3.38 | 35.71 | -1.57 | 0 | 0 | 9.13 | -34.65 | 0 | 0 | 40.47 | 0.0 | 0.5 | 56.25 | 0.14 | 0.0 | 4.45 | 68.56 | 5.09 | 64.19 | 0.28 | -12.5 | 4.73 | 59.8 | 0.01 | 104.44 |
| 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 | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24Q3 (20) | 3.85 | -3.27 | 34.62 | 14.95 | 31.83 | 22.94 | 4.28 | 0.71 | 226.72 | 0 | 0 | 0 | 11.45 | -5.92 | -10.2 | 1.08 | -18.8 | -43.16 | 10.23 | -0.97 | -13.08 | 20.62 | 1.63 | -14.26 | 40.71 | -1.17 | -3.71 | 0 | 0 | 0 | 7.8 | -12.85 | -47.83 | 0 | 0 | 0 | 40.47 | 0.0 | 0.0 | 3.41 | 0.0 | 14.43 | 0.37 | 0.0 | -59.34 | 6.25 | 22.79 | -7.13 | 10.03 | 13.21 | -5.47 | -0.1 | -42.86 | 90.48 | 6.15 | 22.51 | 8.27 | 0.00 | 0 | 0 |
| 24Q2 (19) | 3.98 | 53.08 | 66.53 | 11.34 | 10.85 | 2.07 | 4.25 | 44.56 | 750.0 | 0 | 0 | 0 | 12.17 | 2.01 | -7.94 | 1.33 | 9.02 | -12.5 | 10.33 | 0.88 | -9.07 | 20.29 | 2.96 | -16.37 | 41.19 | -1.48 | 1.33 | 0 | 0 | 0 | 8.95 | -22.64 | -43.21 | 0 | 0 | 0 | 40.47 | 0.0 | 0.0 | 3.41 | 0.0 | 14.43 | 0.37 | 0.0 | -59.34 | 5.09 | 27.25 | -1.36 | 8.86 | 14.03 | -1.99 | -0.07 | 84.09 | 94.96 | 5.02 | 41.01 | 33.16 | 0.00 | 0 | 0 |
| 24Q1 (18) | 2.6 | -8.45 | -6.47 | 10.23 | -7.92 | -21.25 | 2.94 | 38.03 | 194.0 | 0 | 0 | 0 | 11.93 | -15.09 | 9.15 | 1.22 | 106.78 | -3.94 | 10.24 | -14.09 | -0.39 | 19.71 | -15.75 | -16.38 | 41.81 | -0.33 | 2.53 | 0 | 0 | 0 | 11.57 | -14.8 | -5.16 | 0 | 0 | 0 | 40.47 | 0.0 | 0.0 | 3.41 | 14.43 | 14.43 | 0.37 | -59.34 | -59.34 | 4.0 | -40.39 | 9.89 | 7.77 | -26.7 | 3.19 | -0.44 | -18.92 | 51.11 | 3.56 | -43.85 | 29.93 | 0.00 | 0 | 0 |
| 23Q4 (17) | 2.84 | -0.7 | 5.19 | 11.11 | -8.63 | -29.33 | 2.13 | 62.6 | 113.0 | 0 | 0 | 0 | 14.05 | 10.2 | 16.79 | 0.59 | -68.95 | -78.62 | 11.92 | 1.27 | 18.49 | 23.40 | -2.74 | -3.51 | 41.95 | -0.78 | 3.2 | 0 | 0 | 0 | 13.58 | -9.16 | 28.11 | 0 | 0 | 0 | 40.47 | 0.0 | 0.0 | 2.98 | 0.0 | 25.21 | 0.91 | 0.0 | 506.67 | 6.71 | -0.3 | -3.59 | 10.6 | -0.09 | 11.7 | -0.37 | 64.76 | 59.34 | 6.34 | 11.62 | 4.79 | 0.00 | 0 | 0 |
| 23Q3 (16) | 2.86 | 19.67 | -36.3 | 12.16 | 9.45 | -25.26 | 1.31 | 162.0 | -78.17 | 0 | 0 | 0 | 12.75 | -3.56 | 19.94 | 1.9 | 25.0 | 42.86 | 11.77 | 3.61 | 32.1 | 24.05 | -0.88 | 2.86 | 42.28 | 4.01 | 11.2 | 0 | 0 | 0 | 14.95 | -5.14 | 190.86 | 0 | 0 | 0 | 40.47 | 0.0 | 0.0 | 2.98 | 0.0 | 25.21 | 0.91 | 0.0 | 506.67 | 6.73 | 30.43 | 64.15 | 10.61 | 17.37 | 60.03 | -1.05 | 24.46 | -2.94 | 5.68 | 50.66 | 84.42 | 0.00 | 0 | 0 |
| 23Q2 (15) | 2.39 | -14.03 | -10.15 | 11.11 | -14.47 | 3.06 | 0.5 | -50.0 | -92.0 | 0 | 0 | 0 | 13.22 | 20.95 | 31.94 | 1.52 | 19.69 | 29.91 | 11.36 | 10.51 | 32.09 | 24.27 | 2.95 | 0.97 | 40.65 | -0.32 | 9.84 | 0 | 0 | 0 | 15.76 | 29.18 | 275.24 | 0 | 0 | 0 | 40.47 | 0.0 | 0.0 | 2.98 | 0.0 | 25.21 | 0.91 | 0.0 | 506.67 | 5.16 | 41.76 | 86.28 | 9.04 | 20.05 | 70.57 | -1.39 | -54.44 | -93.06 | 3.77 | 37.59 | 83.9 | 0.00 | 0 | 0 |
| 23Q1 (14) | 2.78 | 2.96 | 6.92 | 12.99 | -17.37 | 42.75 | 1.0 | 0.0 | -85.34 | 0 | 0 | 0 | 10.93 | -9.14 | 24.06 | 1.27 | -53.99 | 130.91 | 10.28 | 2.19 | 37.99 | 23.57 | -2.78 | 14.03 | 40.78 | 0.32 | 13.03 | 0 | 0 | 0 | 12.2 | 15.09 | 916.67 | 0 | 0 | 0 | 40.47 | 0.0 | 0.0 | 2.98 | 25.21 | 25.21 | 0.91 | 506.67 | 506.67 | 3.64 | -47.7 | 127.5 | 7.53 | -20.65 | 82.32 | -0.9 | 1.1 | -1700.0 | 2.74 | -54.71 | 76.77 | 0.00 | 0 | 0 |
| 22Q4 (13) | 2.7 | -39.87 | 22.73 | 15.72 | -3.38 | 69.4 | 1.0 | -83.33 | -89.06 | 0 | 0 | 0 | 12.03 | 13.17 | 39.24 | 2.76 | 107.52 | 196.77 | 10.06 | 12.91 | 38.76 | 24.25 | 3.68 | 26.05 | 40.65 | 6.92 | 10.58 | 0 | 0 | 0 | 10.6 | 106.23 | 783.33 | 0 | 0 | 0 | 40.47 | 0.0 | 0.0 | 2.38 | 0.0 | 12.8 | 0.15 | 0.0 | 7.14 | 6.96 | 69.76 | 86.1 | 9.49 | 43.14 | 58.43 | -0.91 | 10.78 | -9000.0 | 6.05 | 96.43 | 62.2 | 0.00 | 0 | 0 |
| 22Q3 (12) | 4.49 | 68.8 | 39.88 | 16.27 | 50.93 | 85.94 | 6.0 | -4.0 | 2.04 | 0 | 0 | 0 | 10.63 | 6.09 | 27.92 | 1.33 | 13.68 | 280.0 | 8.91 | 3.6 | 39.44 | 23.39 | -2.7 | 49.21 | 38.02 | 2.73 | 8.04 | 0 | 0 | 0 | 5.14 | 22.38 | -0.77 | 0 | 0 | 0 | 40.47 | 0.0 | 0.0 | 2.38 | 0.0 | 12.8 | 0.15 | 0.0 | 7.14 | 4.1 | 48.01 | 45.91 | 6.63 | 25.09 | 31.29 | -1.02 | -41.67 | -1940.0 | 3.08 | 50.24 | 11.59 | 0.00 | 0 | 0 |
| 22Q2 (11) | 2.66 | 2.31 | -13.07 | 10.78 | 18.46 | 78.48 | 6.25 | -8.36 | 33.55 | 0 | 0 | 0 | 10.02 | 13.73 | -2.53 | 1.17 | 112.73 | 46.25 | 8.6 | 15.44 | -4.55 | 24.04 | 16.28 | 16.79 | 37.01 | 2.58 | 7.24 | 0 | 0 | 0 | 4.2 | 250.0 | -39.13 | 0 | 0 | 0 | 40.47 | 0.0 | 0.0 | 2.38 | 0.0 | 12.8 | 0.15 | 0.0 | 7.14 | 2.77 | 73.12 | 13.52 | 5.3 | 28.33 | 13.01 | -0.72 | -1340.0 | -1000.0 | 2.05 | 32.26 | -18.65 | 0.00 | 0 | 0 |
| 22Q1 (10) | 2.6 | 18.18 | -2.99 | 9.1 | -1.94 | 84.58 | 6.82 | -25.38 | 48.26 | 0 | 0 | 0 | 8.81 | 1.97 | -15.77 | 0.55 | -40.86 | 1.85 | 7.45 | 2.76 | -27.17 | 20.67 | 7.46 | -9.64 | 36.08 | -1.85 | 3.06 | 0 | 0 | 0 | 1.2 | 0.0 | -84.81 | 0 | 0 | 0 | 40.47 | 0.0 | 0.0 | 2.38 | 12.8 | 12.8 | 0.15 | 7.14 | 7.14 | 1.6 | -57.22 | 3.23 | 4.13 | -31.05 | 8.68 | -0.05 | -400.0 | -171.43 | 1.55 | -58.45 | -4.32 | 0.00 | 0 | 0 |
| 21Q4 (9) | 2.2 | -31.46 | -31.46 | 9.28 | 6.06 | 133.17 | 9.14 | 55.44 | 215.17 | 0 | 0 | 0 | 8.64 | 3.97 | -26.28 | 0.93 | 165.71 | 43.08 | 7.25 | 13.46 | -32.43 | 19.24 | 22.73 | -18.77 | 36.76 | 4.46 | 3.67 | 0 | 0 | 0 | 1.2 | -76.83 | -88.46 | 0 | 0 | 0 | 40.47 | 0.0 | 0.0 | 2.11 | 0.0 | 23.39 | 0.14 | 0.0 | 0.0 | 3.74 | 33.1 | -10.95 | 5.99 | 18.61 | -0.99 | -0.01 | 80.0 | -125.0 | 3.73 | 35.14 | -12.03 | 0.00 | 0 | 0 |
| 21Q3 (8) | 3.21 | 4.9 | 20.68 | 8.75 | 44.87 | 141.05 | 5.88 | 25.64 | 126.15 | 0 | 0 | 0 | 8.31 | -19.16 | -26.59 | 0.35 | -56.25 | -64.65 | 6.39 | -29.08 | -38.91 | 15.67 | -23.84 | -33.61 | 35.19 | 1.97 | 0.31 | 0 | 0 | 0 | 5.18 | -24.93 | -54.16 | 0 | 0 | 0 | 40.47 | 0.0 | 0.0 | 2.11 | 0.0 | 23.39 | 0.14 | 0.0 | 0.0 | 2.81 | 15.16 | -19.94 | 5.05 | 7.68 | -5.78 | -0.05 | -162.5 | -66.67 | 2.76 | 9.52 | -20.69 | 0.00 | 0 | 0 |
| 21Q2 (7) | 3.06 | 14.18 | 2.34 | 6.04 | 22.52 | 233.7 | 4.68 | 1.74 | 56.0 | 0 | 0 | 0 | 10.28 | -1.72 | -8.38 | 0.8 | 48.15 | -40.74 | 9.01 | -11.93 | -10.08 | 20.58 | -10.03 | 0 | 34.51 | -1.43 | -1.15 | 0 | 0 | 0 | 6.9 | -12.66 | -37.27 | 0 | 0 | 0 | 40.47 | 0.0 | 0.0 | 2.11 | 0.0 | 23.39 | 0.14 | 0.0 | 0.0 | 2.44 | 57.42 | -3.17 | 4.69 | 23.42 | 7.32 | 0.08 | 14.29 | 900.0 | 2.52 | 55.56 | 0.4 | 0.00 | 0 | 0 |
| 21Q1 (6) | 2.68 | -16.51 | 2.29 | 4.93 | 23.87 | 138.16 | 4.6 | 58.62 | 17.95 | 0 | 0 | 0 | 10.46 | -10.75 | -5.34 | 0.54 | -16.92 | -42.55 | 10.23 | -4.66 | -11.81 | 22.88 | -3.4 | 0 | 35.01 | -1.27 | -0.14 | 0 | 0 | 0 | 7.9 | -24.04 | -27.52 | 0 | 0 | 0 | 40.47 | 0.0 | 0.0 | 2.11 | 23.39 | 23.39 | 0.14 | 0.0 | 0.0 | 1.55 | -63.1 | 32.48 | 3.8 | -37.19 | 25.83 | 0.07 | 75.0 | 216.67 | 1.62 | -61.79 | 45.95 | 0.00 | 0 | 0 |
| 20Q4 (5) | 3.21 | 20.68 | 37.77 | 3.98 | 9.64 | 70.82 | 2.9 | 11.54 | -6.45 | 0 | 0 | 0 | 11.72 | 3.53 | 9.33 | 0.65 | -34.34 | 38.3 | 10.73 | 2.58 | 17.52 | 23.68 | 0.32 | 0 | 35.46 | 1.08 | 0.85 | 0 | 0 | 0 | 10.4 | -7.96 | -11.11 | 0 | 0 | 0 | 40.47 | 0.0 | 0.0 | 1.71 | 0.0 | 3.01 | 0.14 | 0.0 | -17.65 | 4.2 | 19.66 | 388.37 | 6.05 | 12.87 | 124.91 | 0.04 | 233.33 | 0.0 | 4.24 | 21.84 | 371.11 | 0.00 | 0 | 0 |
| 20Q3 (4) | 2.66 | -11.04 | 0.0 | 3.63 | 100.55 | 0.0 | 2.6 | -13.33 | 0.0 | 0 | 0 | 0.0 | 11.32 | 0.89 | 0.0 | 0.99 | -26.67 | 0.0 | 10.46 | 4.39 | 0.0 | 23.61 | 0 | 0.0 | 35.08 | 0.49 | 0.0 | 0 | 0 | 0.0 | 11.3 | 2.73 | 0.0 | 0 | 0 | 0.0 | 40.47 | 0.0 | 0.0 | 1.71 | 0.0 | 0.0 | 0.14 | 0.0 | 0.0 | 3.51 | 39.29 | 0.0 | 5.36 | 22.65 | 0.0 | -0.03 | -200.0 | 0.0 | 3.48 | 38.65 | 0.0 | 0.00 | 0 | 0.0 |
