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) | 8.66 | 174.92 | 6.29 | 53.41 | 5.06 | -4.53 | 0 | 0 | 108.53 | 0.74 | 9.7 | 11.24 | 21.6 | -4.0 | 19.90 | -4.71 | 15.41 | -0.32 | 4.77 | -5.73 | 33.92 | 50.42 | 0.1 | 100.0 | 24.67 | 10.04 | 8.36 | 11.76 | 0 | 0 | 23.58 | 14.58 | 31.95 | 13.86 | 0.06 | -45.45 | 23.64 | 14.26 | 0.00 | -10.52 |
| 2022 (9) | 3.15 | -3.67 | 4.1 | 86.36 | 5.3 | -50.0 | 0 | 0 | 107.73 | 13.19 | 8.72 | 7.13 | 22.5 | 7.71 | 20.89 | -4.84 | 15.46 | 20.12 | 5.06 | -2.5 | 22.55 | 82.89 | 0.05 | 25.0 | 22.42 | 11.1 | 7.48 | 11.98 | 0 | 0 | 20.58 | 15.68 | 28.06 | 14.62 | 0.11 | 57.14 | 20.69 | 15.85 | 0.00 | -16.31 |
| 2021 (8) | 3.27 | -1.51 | 2.2 | -53.97 | 10.6 | 354.94 | 0 | 0 | 95.18 | 7.95 | 8.14 | 18.83 | 20.89 | 16.97 | 21.95 | 8.35 | 12.87 | 2.47 | 5.19 | -2.44 | 12.33 | -42.73 | 0.04 | 0.0 | 20.18 | 10.09 | 6.68 | 11.33 | 0 | 0 | 17.79 | 16.12 | 24.48 | 14.82 | 0.07 | -22.22 | 17.86 | 15.9 | 0.00 | -10.99 |
| 2020 (7) | 3.32 | 12.16 | 4.78 | -39.8 | 2.33 | 16.5 | 0 | 0 | 88.17 | 2.65 | 6.85 | 30.73 | 17.86 | 1.36 | 20.26 | -1.26 | 12.56 | -16.99 | 5.32 | -2.39 | 21.53 | 143.28 | 0.04 | -20.0 | 18.33 | 4.98 | 6.0 | 9.69 | 0 | 0 | 15.32 | 21.01 | 21.32 | 17.6 | 0.09 | 125.0 | 15.41 | 21.34 | 0.00 | -5.14 |
| 2019 (6) | 2.96 | -47.52 | 7.94 | 90.87 | 2.0 | 0.0 | 0 | 0 | 85.89 | 5.81 | 5.24 | -3.32 | 17.62 | 7.97 | 20.51 | 2.03 | 15.13 | 22.02 | 5.45 | -3.02 | 8.85 | -18.36 | 0.05 | 25.0 | 17.46 | 4.99 | 5.47 | 10.95 | 0 | 0 | 12.66 | 7.47 | 18.13 | 8.5 | 0.04 | -71.43 | 12.7 | 6.54 | 0.00 | -5.91 |
| 2018 (5) | 5.64 | 24.78 | 4.16 | 47.52 | 2.0 | 13.64 | 0 | 0 | 81.17 | 15.45 | 5.42 | 33.5 | 16.32 | 35.21 | 20.11 | 17.12 | 12.4 | 5.08 | 5.62 | -1.4 | 10.84 | -16.23 | 0.04 | 0.0 | 16.63 | 4.0 | 4.93 | 8.83 | 0 | 0 | 11.78 | 21.82 | 16.71 | 17.68 | 0.14 | -22.22 | 11.92 | 21.02 | 0.01 | -9.05 |
| 2017 (4) | 4.52 | 71.86 | 2.82 | 6.42 | 1.76 | 28.47 | 0 | 0 | 70.31 | 4.66 | 4.06 | -13.62 | 12.07 | -10.92 | 17.17 | -14.89 | 11.8 | 13.35 | 5.7 | 28.67 | 12.94 | -11.67 | 0.04 | -33.33 | 15.99 | 4.51 | 4.53 | 11.58 | 0 | 0 | 9.67 | -0.92 | 14.2 | 2.82 | 0.18 | -18.18 | 9.85 | -1.3 | 0.01 | -3.29 |
| 2016 (3) | 2.63 | 33.5 | 2.65 | -41.76 | 1.37 | 3.79 | 0 | 0 | 67.18 | 4.06 | 4.7 | 31.65 | 13.55 | 13.77 | 20.17 | 9.33 | 10.41 | -20.84 | 4.43 | -3.06 | 14.65 | -9.34 | 0.06 | 50.0 | 15.3 | 3.31 | 4.06 | 9.73 | 0 | 0 | 9.76 | 18.3 | 13.81 | 15.56 | 0.22 | -54.17 | 9.98 | 14.32 | 0.01 | -1.47 |
| 2015 (2) | 1.97 | -18.26 | 4.55 | -25.41 | 1.32 | 67.09 | 0 | 0 | 64.56 | 9.55 | 3.57 | 60.09 | 11.91 | 7.2 | 18.45 | -2.15 | 13.15 | 3.38 | 4.57 | -1.93 | 16.16 | 5.41 | 0.04 | 0.0 | 14.81 | 0.0 | 3.7 | 6.32 | 0 | 0 | 8.25 | 28.71 | 11.95 | 20.83 | 0.48 | -7.69 | 8.73 | 25.97 | 0.01 | -1.41 |
| 2014 (1) | 2.41 | 14.22 | 6.1 | 55.22 | 0.79 | 0.0 | 0 | 0 | 58.93 | 9.39 | 2.23 | -34.99 | 11.11 | 8.39 | 18.85 | -0.92 | 12.72 | 22.54 | 4.66 | 25.61 | 15.33 | 20.52 | 0.04 | -20.0 | 14.81 | 12.03 | 3.48 | 11.18 | 0 | 0 | 6.41 | -9.21 | 9.89 | -7.83 | 0.52 | 23.81 | 6.93 | -7.35 | 0.01 | -37.86 |
| 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) | 4.0 | -54.44 | -49.17 | 14.41 | 21.5 | 148.45 | 4.7 | 1.29 | -10.82 | 0 | 0 | 0 | 31.84 | 20.15 | 13.92 | 2.3 | 6.48 | 38.55 | 23.69 | 20.25 | 10.7 | 20.42 | 16.22 | 4.94 | 18.7 | -7.24 | 13.4 | 4.71 | -0.42 | -2.28 | 35.73 | -2.7 | 9.67 | 0.1 | -9.09 | 25.0 | 27.13 | 0.0 | 9.97 | 9.33 | 0.0 | 11.6 | 0 | 0 | 0 | 23.56 | 10.82 | 25.12 | 32.89 | 7.52 | 20.96 | 0.18 | 50.0 | 63.64 | 23.74 | 11.04 | 25.34 | 0.00 | 1.49 | -8.63 |
| 24Q2 (19) | 8.78 | -7.19 | 75.95 | 11.86 | 19.92 | 958.93 | 4.64 | -5.31 | -11.62 | 0 | 0 | 0 | 26.5 | -8.78 | 9.5 | 2.16 | -25.52 | 122.68 | 19.7 | -10.82 | 16.91 | 17.57 | -12.65 | 14.62 | 20.16 | 36.68 | 14.42 | 4.73 | -0.42 | -2.07 | 36.72 | 0.71 | 18.6 | 0.11 | 22.22 | 57.14 | 27.13 | 9.97 | 9.97 | 9.33 | 11.6 | 11.6 | 0 | 0 | 0 | 21.26 | -19.71 | 23.82 | 30.59 | -12.2 | 19.82 | 0.12 | 20.0 | 200.0 | 21.38 | -19.56 | 24.23 | 0.00 | 2.98 | -12.92 |
| 24Q1 (18) | 9.46 | 9.24 | 34.38 | 9.89 | 57.23 | 305.33 | 4.9 | -3.16 | -14.04 | 0 | 0 | 0 | 29.05 | 1.43 | 4.72 | 2.9 | -38.82 | 25.0 | 22.09 | 2.27 | 16.82 | 20.11 | 1.05 | 17.23 | 14.75 | -4.28 | -5.27 | 4.75 | -0.42 | -5.57 | 36.46 | 7.49 | 33.95 | 0.09 | -10.0 | 80.0 | 24.67 | 0.0 | 10.04 | 8.36 | 0.0 | 11.76 | 0 | 0 | 0 | 26.48 | 12.3 | 15.58 | 34.84 | 9.05 | 14.64 | 0.1 | 66.67 | -16.67 | 26.58 | 12.44 | 15.41 | 0.00 | -4.84 | -11.0 |
| 23Q4 (17) | 8.66 | 10.04 | 174.92 | 6.29 | 8.45 | 53.41 | 5.06 | -3.98 | -4.53 | 0 | 0 | 0 | 28.64 | 2.47 | -4.85 | 4.74 | 185.54 | 78.87 | 21.6 | 0.93 | -4.0 | 19.90 | 2.29 | -4.71 | 15.41 | -6.55 | -0.32 | 4.77 | -1.04 | -5.73 | 33.92 | 4.11 | 50.42 | 0.1 | 25.0 | 100.0 | 24.67 | 0.0 | 10.04 | 8.36 | 0.0 | 11.76 | 0 | 0 | 0 | 23.58 | 25.23 | 14.58 | 31.95 | 17.51 | 13.86 | 0.06 | -45.45 | -45.45 | 23.64 | 24.82 | 14.26 | 0.00 | -8.13 | -10.52 |
| 23Q3 (16) | 7.87 | 57.72 | 196.98 | 5.8 | 417.86 | -11.85 | 5.27 | 0.38 | -53.89 | 0 | 0 | 0 | 27.95 | 15.5 | 0.18 | 1.66 | 71.13 | -28.45 | 21.4 | 27.0 | 7.54 | 19.46 | 26.95 | 0.97 | 16.49 | -6.41 | 1.73 | 4.82 | -0.21 | -5.86 | 32.58 | 5.23 | 128.31 | 0.08 | 14.29 | 60.0 | 24.67 | 0.0 | 10.04 | 8.36 | 0.0 | 11.76 | 0 | 0 | 0 | 18.83 | 9.67 | 5.61 | 27.19 | 6.5 | 7.47 | 0.11 | 175.0 | -26.67 | 18.94 | 10.05 | 5.34 | 0.00 | -3.28 | -7.72 |
| 23Q2 (15) | 4.99 | -29.12 | -19.12 | 1.12 | -54.1 | -81.4 | 5.25 | -7.89 | -51.39 | 0 | 0 | 0 | 24.2 | -12.76 | -1.18 | 0.97 | -58.19 | -37.42 | 16.85 | -10.89 | -9.16 | 15.33 | -10.66 | -17.71 | 17.62 | 13.17 | 21.6 | 4.83 | -3.98 | -6.03 | 30.96 | 13.74 | 163.49 | 0.07 | 40.0 | 40.0 | 24.67 | 10.04 | 10.04 | 8.36 | 11.76 | 11.76 | 0 | 0 | 0 | 17.17 | -25.05 | 10.77 | 25.53 | -15.99 | 11.1 | 0.04 | -66.67 | -69.23 | 17.21 | -25.27 | 10.11 | 0.00 | 5.26 | -13.92 |
| 23Q1 (14) | 7.04 | 123.49 | 3.83 | 2.44 | -40.49 | -56.19 | 5.7 | 7.55 | -47.22 | 0 | 0 | 0 | 27.74 | -7.84 | 9.9 | 2.32 | -12.45 | 5.45 | 18.91 | -15.96 | 2.44 | 17.16 | -17.86 | -10.15 | 15.57 | 0.71 | 14.99 | 5.03 | -0.59 | -3.08 | 27.22 | 20.71 | 118.46 | 0.05 | 0.0 | 0.0 | 22.42 | 0.0 | 11.1 | 7.48 | 0.0 | 11.98 | 0 | 0 | 0 | 22.91 | 11.32 | 14.61 | 30.39 | 8.3 | 13.91 | 0.12 | 9.09 | -25.0 | 23.03 | 11.31 | 14.29 | 0.00 | -4.33 | -15.9 |
| 22Q4 (13) | 3.15 | 18.87 | -3.67 | 4.1 | -37.69 | 86.36 | 5.3 | -53.63 | -50.0 | 0 | 0 | 0 | 30.1 | 7.89 | 17.39 | 2.65 | 14.22 | -1.49 | 22.5 | 13.07 | 7.71 | 20.89 | 8.38 | -4.84 | 15.46 | -4.63 | 20.12 | 5.06 | -1.17 | -2.5 | 22.55 | 58.02 | 82.89 | 0.05 | 0.0 | 25.0 | 22.42 | 0.0 | 11.1 | 7.48 | 0.0 | 11.98 | 0 | 0 | 0 | 20.58 | 15.42 | 15.68 | 28.06 | 10.91 | 14.62 | 0.11 | -26.67 | 57.14 | 20.69 | 15.07 | 15.85 | 0.00 | -5.26 | -16.31 |
| 22Q3 (12) | 2.65 | -57.05 | -19.45 | 6.58 | 9.3 | 4.44 | 11.43 | 5.83 | 7.83 | 0 | 0 | 0 | 27.9 | 13.92 | 15.15 | 2.32 | 49.68 | 14.85 | 19.9 | 7.28 | 5.63 | 19.27 | 3.47 | -5.02 | 16.21 | 11.87 | 18.75 | 5.12 | -0.39 | -1.73 | 14.27 | 21.45 | 9.85 | 0.05 | 0.0 | 66.67 | 22.42 | 0.0 | 11.1 | 7.48 | 0.0 | 11.98 | 0 | 0 | 0 | 17.83 | 15.03 | 16.38 | 25.3 | 10.1 | 15.0 | 0.15 | 15.38 | 200.0 | 17.98 | 15.04 | 16.98 | 0.00 | -9.77 | -11.88 |
| 22Q2 (11) | 6.17 | -9.0 | 39.91 | 6.02 | 8.08 | -12.37 | 10.8 | 0.0 | 4.85 | 0 | 0 | 0 | 24.49 | -2.97 | 13.54 | 1.55 | -29.55 | -0.64 | 18.55 | 0.49 | 14.79 | 18.62 | -2.46 | 6.55 | 14.49 | 7.02 | 3.06 | 5.14 | -0.96 | -1.91 | 11.75 | -5.7 | -5.24 | 0.05 | 0.0 | 25.0 | 22.42 | 11.1 | 11.1 | 7.48 | 11.98 | 11.98 | 0 | 0 | 0 | 15.5 | -22.46 | 16.54 | 22.98 | -13.87 | 14.96 | 0.13 | -18.75 | 160.0 | 15.63 | -22.43 | 17.08 | 0.00 | 2.83 | -11.77 |
| 22Q1 (10) | 6.78 | 107.34 | 186.08 | 5.57 | 153.18 | -21.66 | 10.8 | 1.89 | 363.52 | 0 | 0 | 0 | 25.24 | -1.56 | 6.32 | 2.2 | -18.22 | 17.02 | 18.46 | -11.63 | 1.99 | 19.09 | -13.0 | -4.07 | 13.54 | 5.21 | 12.74 | 5.19 | 0.0 | -1.7 | 12.46 | 1.05 | -40.53 | 0.05 | 25.0 | 66.67 | 20.18 | 0.0 | 10.09 | 6.68 | 0.0 | 11.33 | 0 | 0 | 0 | 19.99 | 12.37 | 16.22 | 26.68 | 8.99 | 15.05 | 0.16 | 128.57 | 128.57 | 20.15 | 12.82 | 16.68 | 0.00 | -4.79 | -11.4 |
| 21Q4 (9) | 3.27 | -0.61 | -1.51 | 2.2 | -65.08 | -53.97 | 10.6 | 0.0 | 354.94 | 0 | 0 | 0 | 25.64 | 5.82 | 9.95 | 2.69 | 33.17 | 8.03 | 20.89 | 10.88 | 16.97 | 21.95 | 8.18 | 8.36 | 12.87 | -5.71 | 2.47 | 5.19 | -0.38 | -2.44 | 12.33 | -5.08 | -42.73 | 0.04 | 33.33 | 0.0 | 20.18 | 0.0 | 10.09 | 6.68 | 0.0 | 11.33 | 0 | 0 | 0 | 17.79 | 16.12 | 16.12 | 24.48 | 11.27 | 14.82 | 0.07 | 40.0 | -22.22 | 17.86 | 16.2 | 15.9 | 0.00 | -0.24 | -10.99 |
| 21Q3 (8) | 3.29 | -25.4 | 23.68 | 6.3 | -8.3 | -28.08 | 10.6 | 2.91 | 371.11 | 0 | 0 | 0 | 24.23 | 12.33 | 1.72 | 2.02 | 29.49 | 2.54 | 18.84 | 16.58 | 1.29 | 20.29 | 16.07 | -4.46 | 13.65 | -2.92 | 2.32 | 5.21 | -0.57 | -2.25 | 12.99 | 4.76 | -39.07 | 0.03 | -25.0 | -25.0 | 20.18 | 0.0 | 10.09 | 6.68 | 0.0 | 11.33 | 0 | 0 | 0 | 15.32 | 15.19 | 19.5 | 22.0 | 10.06 | 16.9 | 0.05 | 0.0 | 150.0 | 15.37 | 15.13 | 19.7 | 0.00 | -9.65 | -11.79 |
| 21Q2 (7) | 4.41 | 86.08 | 71.6 | 6.87 | -3.38 | 8.53 | 10.3 | 342.06 | 329.17 | 0 | 0 | 0 | 21.57 | -9.14 | 7.53 | 1.56 | -17.02 | 10.64 | 16.16 | -10.72 | 6.39 | 17.48 | -12.18 | 0 | 14.06 | 17.07 | 0.21 | 5.24 | -0.76 | -2.06 | 12.4 | -40.81 | -43.25 | 0.04 | 33.33 | 0.0 | 20.18 | 10.09 | 10.09 | 6.68 | 11.33 | 11.33 | 0 | 0 | 0 | 13.3 | -22.67 | 22.58 | 19.99 | -13.8 | 18.64 | 0.05 | -28.57 | 350.0 | 13.35 | -22.7 | 23.27 | 0.00 | 3.25 | -7.52 |
| 21Q1 (6) | 2.37 | -28.61 | -40.75 | 7.11 | 48.74 | -11.35 | 2.33 | 0.0 | 13.66 | 0 | 0 | 0 | 23.74 | 1.8 | 13.16 | 1.88 | -24.5 | 91.84 | 18.1 | 1.34 | 23.55 | 19.90 | -1.73 | 0 | 12.01 | -4.38 | -12.78 | 5.28 | -0.75 | -2.22 | 20.95 | -2.69 | 70.33 | 0.03 | -25.0 | -25.0 | 18.33 | 0.0 | 4.98 | 6.0 | 0.0 | 9.69 | 0 | 0 | 0 | 17.2 | 12.27 | 26.1 | 23.19 | 8.77 | 21.35 | 0.07 | -22.22 | 250.0 | 17.27 | 12.07 | 26.43 | 0.00 | -4.35 | -1.43 |
| 20Q4 (5) | 3.32 | 24.81 | 12.16 | 4.78 | -45.43 | -39.8 | 2.33 | 3.56 | 16.5 | 0 | 0 | 0 | 23.32 | -2.1 | 2.6 | 2.49 | 26.4 | 15.28 | 17.86 | -3.98 | 1.36 | 20.25 | -4.62 | 0 | 12.56 | -5.85 | -16.99 | 5.32 | -0.19 | -2.39 | 21.53 | 0.98 | 143.28 | 0.04 | 0.0 | -20.0 | 18.33 | 0.0 | 4.98 | 6.0 | 0.0 | 9.69 | 0 | 0 | 0 | 15.32 | 19.5 | 21.01 | 21.32 | 13.28 | 17.6 | 0.09 | 350.0 | 125.0 | 15.41 | 20.02 | 21.34 | 0.00 | -1.14 | -5.14 |
| 20Q3 (4) | 2.66 | 3.5 | 0.0 | 8.76 | 38.39 | 0.0 | 2.25 | -6.25 | 0.0 | 0 | 0 | 0.0 | 23.82 | 18.74 | 0.0 | 1.97 | 39.72 | 0.0 | 18.6 | 22.45 | 0.0 | 21.24 | 0 | 0.0 | 13.34 | -4.92 | 0.0 | 5.33 | -0.37 | 0.0 | 21.32 | -2.43 | 0.0 | 0.04 | 0.0 | 0.0 | 18.33 | 0.0 | 0.0 | 6.0 | 0.0 | 0.0 | 0 | 0 | 0.0 | 12.82 | 18.16 | 0.0 | 18.82 | 11.69 | 0.0 | 0.02 | 200.0 | 0.0 | 12.84 | 18.56 | 0.0 | 0.00 | -5.28 | 0.0 |
