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) | 29.31 | 5.93 | 0 | 0 | 0 | 0 | 0 | 0 | 62.6 | -2.0 | 6.86 | 71.93 | 11.42 | 8.76 | 18.24 | 10.99 | 9.28 | -8.21 | 14.26 | -0.28 | 0 | 0 | 0.18 | 100.0 | 34.12 | 0.0 | 16.55 | 2.48 | 1.36 | -32.34 | 30.92 | 16.28 | 48.84 | 9.14 | -1.93 | 0 | 28.99 | 14.9 | 0.19 | -4.55 |
| 2022 (9) | 27.67 | 4.65 | 0 | 0 | 0 | 0 | 0 | 0 | 63.88 | -13.42 | 3.99 | -53.77 | 10.5 | -45.99 | 16.44 | -37.62 | 10.11 | 11.47 | 14.3 | -0.56 | 0 | 0 | 0.09 | 0.0 | 34.12 | -0.23 | 16.15 | 5.69 | 2.01 | 14.2 | 26.59 | -7.83 | 44.75 | -2.48 | -1.36 | 0 | 25.23 | -6.0 | 0.20 | -4.3 |
| 2021 (8) | 26.44 | 16.12 | 0 | 0 | 0 | 0 | 0 | 0 | 73.78 | -2.83 | 8.63 | -14.04 | 19.44 | -6.45 | 26.35 | -3.72 | 9.07 | 1.45 | 14.38 | -0.55 | 0 | 0 | 0.09 | -81.63 | 34.2 | 0.0 | 15.28 | 7.0 | 1.76 | -24.14 | 28.85 | 12.21 | 45.89 | 8.46 | -2.01 | 0 | 26.84 | 12.07 | 0.21 | -4.16 |
| 2020 (7) | 22.77 | 160.23 | 0 | 0 | 0 | 0 | 0 | 0 | 75.93 | -2.94 | 10.04 | 4.15 | 20.78 | -17.93 | 27.37 | -15.44 | 8.94 | 7.71 | 14.46 | -0.55 | 0 | 0 | 0.49 | -3.92 | 34.2 | 0.0 | 14.28 | 7.21 | 2.32 | 94.96 | 25.71 | 19.14 | 42.31 | 17.27 | -1.76 | 0 | 23.95 | 24.35 | 0.21 | 1.98 |
| 2019 (6) | 8.75 | 58.51 | 0 | 0 | 2.25 | -30.12 | 0 | 0 | 78.23 | 16.74 | 9.64 | 14.76 | 25.32 | -2.99 | 32.37 | -16.9 | 8.3 | 2.6 | 14.54 | -1.09 | 0 | 0 | 0.51 | 0 | 34.2 | 0.0 | 13.32 | 6.73 | 1.19 | 183.33 | 21.58 | 32.56 | 36.08 | 23.6 | -2.32 | 0 | 19.26 | 27.63 | 0.21 | 11.51 |
| 2018 (5) | 5.52 | 12.88 | 0 | 0 | 3.22 | 79.89 | 0 | 0 | 67.01 | 24.65 | 8.4 | 70.73 | 26.1 | 115.17 | 38.95 | 72.62 | 8.09 | 9.03 | 14.7 | -0.61 | 2.3 | -57.17 | 0 | 0 | 34.2 | -5.0 | 12.48 | 4.09 | 0.42 | 0.0 | 16.28 | 108.45 | 29.19 | 44.36 | -1.19 | 0 | 15.09 | 88.62 | 0.19 | 13.03 |
| 2017 (4) | 4.89 | -34.45 | 0 | 0 | 1.79 | -6.77 | 0 | 0 | 53.76 | 23.7 | 4.92 | 205.59 | 12.13 | 90.42 | 22.56 | 53.94 | 7.42 | -13.32 | 14.79 | -0.87 | 5.37 | -30.17 | 0.03 | 0.0 | 36.0 | -4.99 | 11.99 | 1.35 | 0.42 | 0.0 | 7.81 | 127.7 | 20.22 | 28.95 | 0.19 | -32.14 | 8.0 | 115.63 | 0.17 | 14.36 |
| 2016 (3) | 7.46 | 10.52 | 2.82 | 9.73 | 1.92 | 0 | 0 | 0 | 43.46 | -0.11 | 1.61 | 794.44 | 6.37 | 0.63 | 14.66 | 0.75 | 8.56 | 6.2 | 14.92 | -0.2 | 7.69 | -20.97 | 0.03 | -25.0 | 37.89 | 0.0 | 11.83 | 0.17 | 0.42 | 0.0 | 3.43 | 28.46 | 15.68 | 5.23 | 0.28 | -76.67 | 3.71 | -4.13 | 0.15 | -3.76 |
| 2015 (2) | 6.75 | -3.57 | 2.57 | 35.26 | 0 | 0 | 0 | 0 | 43.51 | -12.98 | 0.18 | -93.66 | 6.33 | -24.82 | 14.55 | -13.61 | 8.06 | -4.95 | 14.95 | -2.29 | 9.73 | 0 | 0.04 | -20.0 | 37.89 | -10.0 | 11.81 | 2.43 | 0.42 | 0.0 | 2.67 | -28.61 | 14.9 | -5.04 | 1.2 | -28.14 | 3.87 | -28.47 | 0.15 | 0.05 |
| 2014 (1) | 7.0 | -24.73 | 1.9 | 97.92 | 9.35 | 211.67 | 0 | 0 | 50.0 | 9.87 | 2.84 | 3.27 | 8.42 | -8.78 | 16.84 | -16.97 | 8.48 | 6.94 | 15.3 | 0.53 | 0 | 0 | 0.05 | -16.67 | 42.1 | 0.0 | 11.53 | 2.49 | 0.42 | -23.64 | 3.74 | -39.19 | 15.69 | -12.59 | 1.67 | 40.34 | 5.41 | -26.29 | 0.15 | 10.02 |
| 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) | 30.26 | -12.72 | 8.89 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.59 | -23.04 | -33.61 | 0.62 | -67.37 | -46.55 | 7.38 | -17.91 | -42.07 | 14.29 | -9.39 | -28.93 | 10.06 | 7.25 | 22.68 | 14.21 | -0.14 | -0.42 | 0 | 0 | 0 | 0.15 | -6.25 | 66.67 | 34.12 | 0.0 | 0.0 | 17.23 | 0.0 | 4.11 | 1.93 | 0.0 | 41.91 | 29.28 | 2.16 | 1.91 | 48.45 | 1.3 | 3.86 | -0.55 | 49.54 | 57.36 | 28.73 | 4.21 | 4.7 | 0.19 | 0.54 | -2.46 |
| 24Q2 (19) | 34.67 | 7.74 | 20.26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.76 | 25.43 | -18.87 | 1.9 | 59.66 | -7.32 | 8.99 | -0.77 | -21.35 | 15.77 | 4.8 | -11.53 | 9.38 | 2.4 | -9.02 | 14.23 | -0.14 | -0.35 | 0 | 0 | 0 | 0.16 | -5.88 | 100.0 | 34.12 | 0.0 | 0.0 | 17.23 | 4.11 | 4.11 | 1.93 | 41.91 | 41.91 | 28.66 | -10.74 | 3.95 | 47.83 | -4.4 | 5.14 | -1.09 | 19.85 | 51.34 | 27.57 | -10.34 | 8.84 | 0.19 | 0.01 | -1.82 |
| 24Q1 (18) | 32.18 | 9.79 | 15.22 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.97 | -32.86 | -17.77 | 1.19 | -46.64 | -16.2 | 9.06 | -20.67 | -1.09 | 15.04 | -17.54 | 6.5 | 9.16 | -1.29 | -20.9 | 14.25 | -0.07 | -0.35 | 0 | 0 | 0 | 0.17 | -5.56 | 88.89 | 34.12 | 0.0 | 0.0 | 16.55 | 0.0 | 2.48 | 1.36 | 0.0 | -32.34 | 32.11 | 3.85 | 14.64 | 50.03 | 2.44 | 8.36 | -1.36 | 29.53 | -14.29 | 30.75 | 6.07 | 14.65 | 0.19 | -1.05 | -5.31 |
| 23Q4 (17) | 29.31 | 5.47 | 5.93 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.34 | 2.45 | -4.61 | 2.23 | 92.24 | 90.6 | 11.42 | -10.36 | 8.76 | 18.25 | -9.23 | 11.02 | 9.28 | 13.17 | -8.21 | 14.26 | -0.07 | -0.28 | 0 | 0 | 0 | 0.18 | 100.0 | 100.0 | 34.12 | 0.0 | 0.0 | 16.55 | 0.0 | 2.48 | 1.36 | 0.0 | -32.34 | 30.92 | 7.62 | 16.28 | 48.84 | 4.69 | 9.14 | -1.93 | -49.61 | -41.91 | 28.99 | 5.65 | 14.9 | 0.19 | -1.96 | -4.55 |
| 23Q3 (16) | 27.79 | -3.61 | -14.96 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.95 | -5.96 | -4.55 | 1.16 | -43.41 | -46.05 | 12.74 | 11.46 | 34.81 | 20.10 | 12.8 | 46.68 | 8.2 | -20.47 | 4.73 | 14.27 | -0.07 | -0.35 | 0 | 0 | 0 | 0.09 | 12.5 | 0.0 | 34.12 | 0.0 | 0.0 | 16.55 | 0.0 | 2.48 | 1.36 | 0.0 | -32.34 | 28.73 | 4.21 | 13.02 | 46.65 | 2.55 | 7.04 | -1.29 | 42.41 | -44.94 | 27.44 | 8.33 | 11.86 | 0.19 | 1.2 | -2.71 |
| 23Q2 (15) | 28.83 | 3.22 | -12.4 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.96 | 27.14 | -3.96 | 2.05 | 44.37 | 1031.82 | 11.43 | 24.78 | 18.94 | 17.82 | 26.14 | 23.96 | 10.31 | -10.97 | -1.62 | 14.28 | -0.14 | -0.42 | 0 | 0 | 0 | 0.08 | -11.11 | -11.11 | 34.12 | 0.0 | -0.23 | 16.55 | 2.48 | 2.48 | 1.36 | -32.34 | -32.34 | 27.57 | -1.57 | 18.48 | 45.49 | -1.47 | 9.8 | -2.24 | -88.24 | -96.49 | 25.33 | -5.56 | 14.46 | 0.19 | -3.55 | -4.27 |
| 23Q1 (14) | 27.93 | 0.94 | 1.12 | 0.09 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13.34 | -22.12 | 7.67 | 1.42 | 21.37 | 59.55 | 9.16 | -12.76 | -32.25 | 14.13 | -14.04 | -28.9 | 11.58 | 14.54 | 25.32 | 14.3 | 0.0 | -0.42 | 0 | 0 | 0 | 0.09 | 0.0 | -10.0 | 34.12 | 0.0 | -0.23 | 16.15 | 0.0 | 5.69 | 2.01 | 0.0 | 14.2 | 28.01 | 5.34 | -5.82 | 46.17 | 3.17 | -1.3 | -1.19 | 12.5 | -75.0 | 26.82 | 6.3 | -7.71 | 0.20 | -0.25 | -5.68 |
| 22Q4 (13) | 27.67 | -15.33 | 4.65 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.13 | 2.51 | -22.84 | 1.17 | -45.58 | -62.5 | 10.5 | 11.11 | -45.99 | 16.43 | 19.93 | -37.64 | 10.11 | 29.12 | 11.47 | 14.3 | -0.14 | -0.56 | 0 | 0 | 0 | 0.09 | 0.0 | 0.0 | 34.12 | 0.0 | -0.23 | 16.15 | 0.0 | 5.69 | 2.01 | 0.0 | 14.2 | 26.59 | 4.6 | -7.83 | 44.75 | 2.68 | -2.48 | -1.36 | -52.81 | 32.34 | 25.23 | 2.85 | -6.0 | 0.20 | -0.08 | -4.3 |
| 22Q3 (12) | 32.68 | -0.7 | 75.04 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.71 | -5.38 | 14.45 | 2.15 | 1077.27 | 104.76 | 9.45 | -1.66 | -47.62 | 13.70 | -4.67 | -42.75 | 7.83 | -25.29 | -7.01 | 14.32 | -0.14 | -0.56 | 0 | 0 | 0 | 0.09 | 0.0 | 0.0 | 34.12 | -0.23 | -0.23 | 16.15 | 0.0 | 5.69 | 2.01 | 0.0 | 14.2 | 25.42 | 9.24 | -0.9 | 43.58 | 5.19 | 2.08 | -0.89 | 21.93 | 61.3 | 24.53 | 10.85 | 5.05 | 0.20 | -0.42 | -1.95 |
| 22Q2 (11) | 32.91 | 19.15 | 26.09 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.66 | 42.53 | -6.31 | -0.22 | -124.72 | -113.66 | 9.61 | -28.92 | -44.99 | 14.38 | -27.65 | -33.89 | 10.48 | 13.42 | 26.88 | 14.34 | -0.14 | -0.55 | 0 | 0 | 0 | 0.09 | -10.0 | 0.0 | 34.2 | 0.0 | 0.0 | 16.15 | 5.69 | 13.1 | 2.01 | 14.2 | -13.36 | 23.27 | -21.76 | -22.87 | 41.43 | -11.44 | -11.42 | -1.14 | -67.65 | 50.0 | 22.13 | -23.85 | -20.65 | 0.20 | -4.97 | 4.02 |
| 22Q1 (10) | 27.62 | 4.46 | 2.49 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.39 | -44.19 | -31.62 | 0.89 | -71.47 | -68.66 | 13.52 | -30.45 | -28.54 | 19.87 | -24.6 | -13.47 | 9.24 | 1.87 | 21.1 | 14.36 | -0.14 | -0.55 | 0 | 0 | 0 | 0.1 | 11.11 | 0.0 | 34.2 | 0.0 | 0.0 | 15.28 | 0.0 | 7.0 | 1.76 | 0.0 | -24.14 | 29.74 | 3.08 | 4.17 | 46.78 | 1.94 | 3.59 | -0.68 | 66.17 | 66.5 | 29.06 | 8.27 | 9.58 | 0.21 | 1.21 | -2.35 |
| 21Q4 (9) | 26.44 | 41.62 | 16.12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22.2 | 52.05 | -6.72 | 3.12 | 197.14 | -24.82 | 19.44 | 7.76 | -6.45 | 26.35 | 10.1 | -3.71 | 9.07 | 7.72 | 1.45 | 14.38 | -0.14 | -0.55 | 0 | 0 | 0 | 0.09 | 0.0 | -81.63 | 34.2 | 0.0 | 0.0 | 15.28 | 0.0 | 7.0 | 1.76 | 0.0 | -24.14 | 28.85 | 12.48 | 12.21 | 45.89 | 7.5 | 8.46 | -2.01 | 12.61 | -14.2 | 26.84 | 14.95 | 12.07 | 0.21 | 2.37 | -4.16 |
| 21Q3 (8) | 18.67 | -28.47 | 55.71 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.6 | -22.55 | -25.4 | 1.05 | -34.78 | -61.4 | 18.04 | 3.26 | -12.47 | 23.94 | 10.07 | -13.89 | 8.42 | 1.94 | 6.85 | 14.4 | -0.14 | -0.55 | 0 | 0 | 0 | 0.09 | 0.0 | -81.63 | 34.2 | 0.0 | 0.0 | 15.28 | 7.0 | 7.0 | 1.76 | -24.14 | -24.14 | 25.65 | -14.98 | 18.7 | 42.69 | -8.72 | 11.72 | -2.3 | -0.88 | 11.2 | 23.35 | -16.28 | 22.77 | 0.20 | 5.65 | -2.94 |
| 21Q2 (7) | 26.1 | -3.15 | 68.93 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.85 | 4.03 | -9.81 | 1.61 | -43.31 | -28.76 | 17.47 | -7.66 | -0.11 | 21.75 | -5.31 | 0 | 8.26 | 8.26 | -5.71 | 14.42 | -0.14 | -0.55 | 0 | 0 | 0 | 0.09 | -10.0 | -81.63 | 34.2 | 0.0 | 0.0 | 14.28 | 0.0 | 0.0 | 2.32 | 0.0 | 0.0 | 30.17 | 5.67 | 59.71 | 46.77 | 3.57 | 31.78 | -2.28 | -12.32 | 27.16 | 27.89 | 5.17 | 76.97 | 0.19 | -10.78 | -5.96 |
| 21Q1 (6) | 26.95 | 18.36 | 143.67 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.12 | -23.87 | 55.4 | 2.84 | -31.57 | 212.09 | 18.92 | -8.95 | -0.16 | 22.96 | -16.09 | 0 | 7.63 | -14.65 | -14.17 | 14.44 | -0.14 | -0.55 | 0 | 0 | 0 | 0.1 | -79.59 | -80.0 | 34.2 | 0.0 | 0.0 | 14.28 | 0.0 | 7.21 | 2.32 | 0.0 | 94.96 | 28.55 | 11.05 | 26.95 | 45.16 | 6.74 | 22.05 | -2.03 | -15.34 | 25.09 | 26.52 | 10.73 | 34.07 | 0.21 | -0.67 | 0.78 |
| 20Q4 (5) | 22.77 | 89.91 | 160.23 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 23.8 | 21.61 | 8.08 | 4.15 | 52.57 | 28.48 | 20.78 | 0.82 | -17.93 | 27.37 | -1.54 | 0 | 8.94 | 13.45 | 7.71 | 14.46 | -0.14 | -0.55 | 0 | 0 | 0 | 0.49 | 0.0 | -3.92 | 34.2 | 0.0 | 0.0 | 14.28 | 0.0 | 7.21 | 2.32 | 0.0 | 94.96 | 25.71 | 18.97 | 19.14 | 42.31 | 10.73 | 17.27 | -1.76 | 32.05 | 24.14 | 23.95 | 25.92 | 24.35 | 0.21 | 3.67 | 1.98 |
| 20Q3 (4) | 11.99 | -22.39 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 19.57 | -6.36 | 0.0 | 2.72 | 20.35 | 0.0 | 20.61 | 17.84 | 0.0 | 27.80 | 0 | 0.0 | 7.88 | -10.05 | 0.0 | 14.48 | -0.14 | 0.0 | 0 | 0 | 0.0 | 0.49 | 0.0 | 0.0 | 34.2 | 0.0 | 0.0 | 14.28 | 0.0 | 0.0 | 2.32 | 0.0 | 0.0 | 21.61 | 14.4 | 0.0 | 38.21 | 7.66 | 0.0 | -2.59 | 17.25 | 0.0 | 19.02 | 20.69 | 0.0 | 0.21 | 2.37 | 0.0 |
