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) | 2.76 | -11.25 | 35.61 | -16.51 | 3.65 | -48.15 | 0 | 0 | 291.6 | 0.69 | 22.69 | 45.92 | 30.12 | -6.2 | 10.33 | -6.84 | 23.79 | -10.16 | 0.91 | -4.21 | 86.77 | 13.57 | 0.35 | 1066.67 | 29.48 | 0.0 | 13.41 | 13.45 | 0 | 0 | 47.87 | 28.89 | 61.27 | 25.17 | 6.67 | -41.85 | 54.54 | 12.2 | 0.05 | -11.34 |
| 2022 (9) | 3.11 | 66.31 | 42.65 | 29.2 | 7.04 | 193.33 | 0 | 0 | 289.59 | 16.58 | 15.55 | 14.68 | 32.11 | 12.79 | 11.09 | -3.25 | 26.48 | 41.08 | 0.95 | -5.0 | 76.4 | 7.15 | 0.03 | -25.0 | 29.48 | 10.0 | 11.82 | 13.11 | 0 | 0 | 37.14 | 11.43 | 48.95 | 11.83 | 11.47 | 7.5 | 48.61 | 10.48 | 0.05 | -4.16 |
| 2021 (8) | 1.87 | -24.6 | 33.01 | 24.1 | 2.4 | 12.68 | 0 | 0 | 248.41 | 11.95 | 13.56 | -18.17 | 28.47 | 30.36 | 11.46 | 16.45 | 18.77 | 42.63 | 1.0 | 0.0 | 71.3 | 57.92 | 0.04 | 0 | 26.8 | 0.0 | 10.45 | 18.75 | 0 | 0 | 33.33 | 0.0 | 43.77 | 3.89 | 10.67 | -24.22 | 44.0 | -7.19 | 0.05 | 9.92 |
| 2020 (7) | 2.48 | -71.62 | 26.6 | 13.53 | 2.13 | -64.08 | 0 | 0 | 221.9 | 4.8 | 16.57 | 13.18 | 21.84 | 2.15 | 9.84 | -2.53 | 13.16 | -14.43 | 1.0 | 0 | 45.15 | 45.79 | 0 | 0 | 26.8 | 0.0 | 8.8 | 19.89 | 0 | 0 | 33.33 | 14.65 | 42.13 | 15.71 | 14.08 | -11.94 | 47.41 | 5.22 | 0.05 | -39.89 |
| 2019 (6) | 8.74 | 547.41 | 23.43 | -15.35 | 5.93 | -1.17 | 0 | 0 | 211.74 | -0.29 | 14.64 | 53.94 | 21.38 | -14.75 | 10.10 | -14.51 | 15.38 | 18.86 | 0 | 0 | 30.97 | 58.01 | 0.14 | -6.67 | 26.8 | 0.0 | 7.34 | 14.87 | 0 | 0 | 29.07 | 24.12 | 36.41 | 22.18 | 15.99 | 25.91 | 45.06 | 24.75 | 0.08 | 82.47 |
| 2018 (5) | 1.35 | -45.34 | 27.68 | 22.42 | 6.0 | 181.69 | 0 | 0 | 212.35 | 6.9 | 9.51 | -33.64 | 25.08 | 14.73 | 11.81 | 7.33 | 12.94 | 6.15 | 0 | 0 | 19.6 | 25.4 | 0.15 | 0.0 | 26.8 | 0.0 | 6.39 | 29.09 | 0 | 0 | 23.42 | 0.26 | 29.8 | 5.26 | 12.7 | 9.01 | 36.12 | 3.17 | 0.04 | 11.29 |
| 2017 (4) | 2.47 | -20.06 | 22.61 | 13.33 | 2.13 | 71.77 | 0 | 0 | 198.65 | 9.31 | 14.33 | 13.55 | 21.86 | 8.97 | 11.00 | -0.31 | 12.19 | 6.0 | 0 | 0 | 15.63 | 421.0 | 0.15 | -6.25 | 26.8 | 0.0 | 4.95 | 34.15 | 0 | 0 | 23.36 | 26.0 | 28.31 | 27.35 | 11.65 | -22.44 | 35.01 | 4.32 | 0.04 | 31.01 |
| 2016 (3) | 3.09 | 27.69 | 19.95 | -7.85 | 1.24 | -39.51 | 0 | 0 | 181.73 | 9.78 | 12.62 | 83.43 | 20.06 | 22.84 | 11.04 | 11.9 | 11.5 | -16.3 | 0 | 0 | 3.0 | 94.81 | 0.16 | 0.0 | 26.8 | 0.0 | 3.69 | 23.0 | 0 | 0 | 18.54 | 54.11 | 22.23 | 47.9 | 15.02 | 72.05 | 33.56 | 61.66 | 0.03 | 25.4 |
| 2015 (2) | 2.42 | -31.25 | 21.65 | 42.06 | 2.05 | 17.14 | 0 | 0 | 165.54 | -5.56 | 6.88 | -12.13 | 16.33 | -8.21 | 9.86 | -2.81 | 13.74 | 20.1 | 0 | 0 | 1.54 | -57.1 | 0.16 | -5.88 | 26.8 | 10.02 | 3.0 | 35.14 | 0 | 0 | 12.03 | 9.56 | 15.03 | 13.78 | 8.73 | -41.29 | 20.76 | -19.69 | 0.02 | 16.12 |
| 2014 (1) | 3.52 | 81.44 | 15.24 | -10.3 | 1.75 | 75.0 | 0 | 0 | 175.28 | -3.28 | 7.83 | 72.85 | 17.79 | -2.09 | 10.15 | 1.23 | 11.44 | 21.96 | 0 | 0 | 3.59 | -30.16 | 0.17 | 0.0 | 24.36 | 5.0 | 2.22 | 25.42 | 0 | 0 | 10.98 | 67.38 | 13.21 | 58.58 | 14.87 | -9.05 | 25.85 | 12.83 | 0.02 | 23.84 |
| 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) | 4.74 | 94.26 | 19.7 | 41.7 | 14.09 | 18.16 | 12.96 | 18.68 | 249.33 | 0 | 0 | 0 | 70.14 | 4.61 | -4.0 | 5.13 | 36.07 | -20.96 | 26.9 | -5.25 | -13.09 | 9.66 | -4.25 | -7.41 | 22.33 | -21.92 | 16.06 | 0.83 | -3.49 | -11.7 | 90.0 | 5.1 | 26.07 | 0.22 | -18.52 | -47.62 | 29.48 | 0.0 | 0.0 | 15.67 | 0.0 | 16.85 | 0 | 0 | 0 | 42.03 | 14.12 | 0.21 | 57.7 | 9.9 | 4.26 | 14.89 | 42.62 | 102.86 | 56.92 | 20.41 | 15.5 | 0.04 | -11.87 | -13.53 |
| 24Q2 (19) | 2.44 | -26.51 | -8.61 | 36.55 | 3.95 | 8.88 | 10.92 | 60.35 | 237.04 | 0 | 0 | 0 | 67.05 | -2.99 | -9.54 | 3.77 | 2.17 | -37.27 | 28.39 | -5.9 | 1.61 | 10.09 | -3.54 | 6.78 | 28.6 | 18.13 | 32.28 | 0.86 | -3.37 | -8.51 | 85.63 | 0.88 | 14.62 | 0.27 | -12.9 | -25.0 | 29.48 | 0.0 | 0.0 | 15.67 | 16.85 | 16.85 | 0 | 0 | 0 | 36.83 | -28.54 | 3.92 | 52.5 | -19.17 | 7.47 | 10.44 | 107.97 | 65.98 | 47.27 | -16.43 | 13.28 | 0.05 | -4.18 | -7.13 |
| 24Q1 (18) | 3.32 | 20.29 | 27.69 | 35.16 | -1.26 | 6.8 | 6.81 | 86.58 | -8.22 | 0 | 0 | 0 | 69.12 | -4.12 | -4.42 | 3.69 | -38.19 | -12.56 | 30.17 | 0.17 | 13.04 | 10.46 | 1.28 | 13.63 | 24.21 | 1.77 | -4.31 | 0.89 | -2.2 | -4.3 | 84.88 | -2.18 | 11.99 | 0.31 | -11.43 | 933.33 | 29.48 | 0.0 | 0.0 | 13.41 | 0.0 | 13.45 | 0 | 0 | 0 | 51.54 | 7.67 | 24.67 | 64.95 | 6.01 | 22.18 | 5.02 | -24.74 | -37.95 | 56.56 | 3.7 | 14.42 | 0.05 | 8.39 | -1.14 |
| 23Q4 (17) | 2.76 | -30.3 | -11.25 | 35.61 | 0.91 | -16.51 | 3.65 | -1.62 | -48.15 | 0 | 0 | 0 | 72.09 | -1.33 | -6.47 | 5.97 | -8.01 | 65.37 | 30.12 | -2.68 | -6.2 | 10.33 | -1.02 | -6.84 | 23.79 | 23.65 | -10.16 | 0.91 | -3.19 | -4.21 | 86.77 | 21.54 | 13.57 | 0.35 | -16.67 | 1066.67 | 29.48 | 0.0 | 0.0 | 13.41 | 0.0 | 13.45 | 0 | 0 | 0 | 47.87 | 14.14 | 28.89 | 61.27 | 10.72 | 25.17 | 6.67 | -9.13 | -41.85 | 54.54 | 10.67 | 12.2 | 0.05 | -5.54 | -11.34 |
| 23Q3 (16) | 3.96 | 48.31 | 89.47 | 35.29 | 5.12 | 0.37 | 3.71 | 14.51 | -42.75 | 0 | 0 | 0 | 73.06 | -1.43 | 1.3 | 6.49 | 7.99 | 71.69 | 30.95 | 10.77 | 9.02 | 10.44 | 10.42 | 3.03 | 19.24 | -11.01 | -8.51 | 0.94 | 0.0 | -5.05 | 71.39 | -4.44 | -3.99 | 0.42 | 16.67 | 1300.0 | 29.48 | 0.0 | 0.0 | 13.41 | 0.0 | 13.45 | 0 | 0 | 0 | 41.94 | 18.34 | 26.4 | 55.34 | 13.29 | 22.98 | 7.34 | 16.69 | -29.56 | 49.28 | 18.09 | 13.03 | 0.05 | -5.34 | -0.05 |
| 23Q2 (15) | 2.67 | 2.69 | 67.92 | 33.57 | 1.97 | -4.63 | 3.24 | -56.33 | -52.07 | 0 | 0 | 0 | 74.12 | 2.49 | 8.38 | 6.01 | 42.42 | 23.16 | 27.94 | 4.68 | -2.17 | 9.45 | 2.65 | -10.49 | 21.62 | -14.55 | -7.61 | 0.94 | 1.08 | -6.0 | 74.71 | -1.42 | 3.78 | 0.36 | 1100.0 | 1100.0 | 29.48 | 0.0 | 0.0 | 13.41 | 13.45 | 13.45 | 0 | 0 | 0 | 35.44 | -14.27 | 20.54 | 48.85 | -8.11 | 18.54 | 6.29 | -22.25 | -44.68 | 41.73 | -15.58 | 2.35 | 0.05 | 1.99 | 2.88 |
| 23Q1 (14) | 2.6 | -16.4 | 103.12 | 32.92 | -22.81 | -28.67 | 7.42 | 5.4 | 240.37 | 0 | 0 | 0 | 72.32 | -6.18 | 0.46 | 4.22 | 16.9 | 28.66 | 26.69 | -16.88 | -1.29 | 9.21 | -16.97 | -10.38 | 25.3 | -4.46 | 16.97 | 0.93 | -2.11 | -6.06 | 75.79 | -0.8 | 25.79 | 0.03 | 0.0 | 0.0 | 29.48 | 0.0 | 10.0 | 11.82 | 0.0 | 13.11 | 0 | 0 | 0 | 41.34 | 11.31 | 12.95 | 53.16 | 8.6 | 12.99 | 8.09 | -29.47 | -19.74 | 49.43 | 1.69 | 5.89 | 0.05 | -2.78 | -0.03 |
| 22Q4 (13) | 3.11 | 48.8 | 66.31 | 42.65 | 21.3 | 29.2 | 7.04 | 8.64 | 193.33 | 0 | 0 | 0 | 77.08 | 6.88 | 13.69 | 3.61 | -4.5 | 24.48 | 32.11 | 13.1 | 12.79 | 11.09 | 9.48 | -3.25 | 26.48 | 25.92 | 41.08 | 0.95 | -4.04 | -5.0 | 76.4 | 2.74 | 7.15 | 0.03 | 0.0 | -25.0 | 29.48 | 0.0 | 10.0 | 11.82 | 0.0 | 13.11 | 0 | 0 | 0 | 37.14 | 11.93 | 11.43 | 48.95 | 8.78 | 11.83 | 11.47 | 10.08 | 7.5 | 48.61 | 11.49 | 10.48 | 0.05 | 6.49 | -4.16 |
| 22Q3 (12) | 2.09 | 31.45 | -25.89 | 35.16 | -0.11 | -15.22 | 6.48 | -4.14 | 11.15 | 0 | 0 | 0 | 72.12 | 5.45 | 15.71 | 3.78 | -22.54 | 31.71 | 28.39 | -0.6 | 15.22 | 10.13 | -4.07 | -1.82 | 21.03 | -10.13 | 0.48 | 0.99 | -1.0 | -1.0 | 74.36 | 3.29 | 39.91 | 0.03 | 0.0 | 0.0 | 29.48 | 0.0 | 10.0 | 11.82 | 0.0 | 13.11 | 0 | 0 | 0 | 33.18 | 12.86 | 9.61 | 45.0 | 9.2 | 10.51 | 10.42 | -8.36 | -2.07 | 43.6 | 6.94 | 6.58 | 0.05 | -2.56 | -16.95 |
| 22Q2 (11) | 1.59 | 24.22 | -41.33 | 35.2 | -23.73 | 5.48 | 6.76 | 210.09 | 6.79 | 0 | 0 | 0 | 68.39 | -5.0 | 11.95 | 4.88 | 48.78 | 24.81 | 28.56 | 5.62 | 11.21 | 10.56 | 2.77 | -4.01 | 23.4 | 8.18 | 32.58 | 1.0 | 1.01 | 0.0 | 71.99 | 19.49 | 60.91 | 0.03 | 0.0 | 200.0 | 29.48 | 10.0 | 10.0 | 11.82 | 13.11 | 13.11 | 0 | 0 | 0 | 29.4 | -19.67 | 7.26 | 41.21 | -12.41 | 8.88 | 11.37 | 12.8 | -9.4 | 40.77 | -12.66 | 2.03 | 0.05 | -0.89 | -7.87 |
| 22Q1 (10) | 1.28 | -31.55 | -52.42 | 46.15 | 39.81 | 36.02 | 2.18 | -9.17 | -64.44 | 0 | 0 | 0 | 71.99 | 6.18 | 25.88 | 3.28 | 13.1 | -15.25 | 27.04 | -5.02 | 17.98 | 10.27 | -10.36 | 1.6 | 21.63 | 15.24 | 27.39 | 0.99 | -1.0 | -1.0 | 60.25 | -15.5 | 51.65 | 0.03 | -25.0 | 0 | 26.8 | 0.0 | 0.0 | 10.45 | 0.0 | 18.75 | 0 | 0 | 0 | 36.6 | 9.81 | -1.61 | 47.05 | 7.49 | 2.28 | 10.08 | -5.53 | -34.72 | 46.68 | 6.09 | -11.32 | 0.05 | -6.81 | -0.25 |
| 21Q4 (9) | 1.87 | -33.69 | -24.6 | 33.01 | -20.4 | 24.1 | 2.4 | -58.83 | 12.68 | 0 | 0 | 0 | 67.8 | 8.78 | 16.43 | 2.9 | 1.05 | -30.46 | 28.47 | 15.54 | 30.36 | 11.46 | 11.09 | 16.45 | 18.77 | -10.32 | 42.63 | 1.0 | 0.0 | 0.0 | 71.3 | 34.15 | 57.92 | 0.04 | 33.33 | 0 | 26.8 | 0.0 | 0.0 | 10.45 | 0.0 | 18.75 | 0 | 0 | 0 | 33.33 | 10.11 | 0.0 | 43.77 | 7.49 | 3.89 | 10.67 | 0.28 | -24.22 | 44.0 | 7.55 | -7.19 | 0.05 | -7.72 | 9.92 |
| 21Q3 (8) | 2.82 | 4.06 | -14.8 | 41.47 | 24.27 | 3.16 | 5.83 | -7.9 | 202.07 | 0 | 0 | 0 | 62.33 | 2.03 | 9.39 | 2.87 | -26.6 | -46.85 | 24.64 | -4.05 | 7.46 | 10.32 | -6.2 | -1.18 | 20.93 | 18.58 | 34.86 | 1.0 | 0.0 | 0.0 | 53.15 | 18.8 | 76.64 | 0.03 | 200.0 | 0 | 26.8 | 0.0 | 0.0 | 10.45 | 0.0 | 18.75 | 0 | 0 | 0 | 30.27 | 10.43 | 3.38 | 40.72 | 7.58 | 6.9 | 10.64 | -15.22 | -26.82 | 40.91 | 2.38 | -6.64 | 0.06 | 8.09 | 18.41 |
| 21Q2 (7) | 2.71 | 0.74 | -15.05 | 33.37 | -1.65 | 9.63 | 6.33 | 3.26 | 580.65 | 0 | 0 | 0 | 61.09 | 6.82 | 12.55 | 3.91 | 1.03 | -15.91 | 25.68 | 12.04 | 23.94 | 11.00 | 8.77 | 0 | 17.65 | 3.95 | 27.62 | 1.0 | 0.0 | 0 | 44.74 | 12.61 | 58.26 | 0.01 | 0 | 0 | 26.8 | 0.0 | 0.0 | 10.45 | 18.75 | 18.75 | 0 | 0 | 0 | 27.41 | -26.32 | 14.78 | 37.85 | -17.72 | 15.82 | 12.55 | -18.72 | -30.82 | 39.96 | -24.09 | -4.9 | 0.05 | 7.31 | 19.64 |
| 21Q1 (6) | 2.69 | 8.47 | -75.72 | 33.93 | 27.56 | -0.99 | 6.13 | 187.79 | 3.37 | 0 | 0 | 0 | 57.19 | -1.79 | 9.12 | 3.87 | -7.19 | 65.38 | 22.92 | 4.95 | 8.47 | 10.11 | 2.73 | 0 | 16.98 | 29.03 | 25.78 | 1.0 | 0.0 | 0 | 39.73 | -12.0 | 73.65 | 0 | 0 | 0 | 26.8 | 0.0 | 0.0 | 8.8 | 0.0 | 19.89 | 0 | 0 | 0 | 37.2 | 11.61 | 18.4 | 46.0 | 9.19 | 18.71 | 15.44 | 9.66 | 25.94 | 52.64 | 11.03 | 20.51 | 0.05 | 2.69 | -38.05 |
| 20Q4 (5) | 2.48 | -25.08 | -71.62 | 26.6 | -33.83 | 13.53 | 2.13 | 10.36 | 0 | 0 | 0 | 0 | 58.23 | 2.19 | 4.02 | 4.17 | -22.78 | -20.42 | 21.84 | -4.75 | 2.15 | 9.84 | -5.72 | 0 | 13.16 | -15.21 | -14.43 | 1.0 | 0.0 | 0 | 45.15 | 50.05 | 45.79 | 0 | 0 | -100.0 | 26.8 | 0.0 | 0.0 | 8.8 | 0.0 | 19.89 | 0 | 0 | 0 | 33.33 | 13.83 | 14.65 | 42.13 | 10.61 | 15.71 | 14.08 | -3.16 | -11.94 | 47.41 | 8.19 | 5.22 | 0.05 | -0.59 | -39.89 |
| 20Q3 (4) | 3.31 | 3.76 | 0.0 | 40.2 | 32.06 | 0.0 | 1.93 | 107.53 | 0.0 | 0 | 0 | 0.0 | 56.98 | 4.97 | 0.0 | 5.4 | 16.13 | 0.0 | 22.93 | 10.67 | 0.0 | 10.44 | 0 | 0.0 | 15.52 | 12.22 | 0.0 | 1.0 | 0 | 0.0 | 30.09 | 6.44 | 0.0 | 0 | 0 | 0.0 | 26.8 | 0.0 | 0.0 | 8.8 | 0.0 | 0.0 | 0 | 0 | 0.0 | 29.28 | 22.61 | 0.0 | 38.09 | 16.55 | 0.0 | 14.54 | -19.85 | 0.0 | 43.82 | 4.28 | 0.0 | 0.05 | 9.21 | 0.0 |
