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) | 12.03 | -5.79 | 13.8 | 74.68 | 2.17 | 0 | 0 | 0 | 137.07 | -22.28 | 3.42 | 0 | 11.58 | -18.57 | 8.45 | 4.78 | 25.27 | -1.37 | 8.14 | -5.79 | 29.99 | 23.31 | 0 | 0 | 58.11 | 0.0 | 11.17 | 0.0 | 4.08 | 0.0 | 21.87 | 7.79 | 37.13 | 4.44 | 0.4 | -40.3 | 22.27 | 6.25 | 0.06 | 6.78 |
| 2022 (9) | 12.77 | 4.67 | 7.9 | 295.0 | 0 | 0 | 0 | 0 | 176.37 | -12.78 | -3.7 | 0 | 14.22 | -30.4 | 8.06 | -20.19 | 25.62 | -17.43 | 8.64 | -4.53 | 24.32 | 175.42 | 0 | 0 | 58.11 | 0.0 | 11.17 | 28.39 | 4.08 | 0.0 | 20.29 | -49.05 | 35.55 | -32.41 | 0.67 | -16.25 | 20.96 | -48.4 | 0.06 | 4.19 |
| 2021 (8) | 12.2 | 57.01 | 2.0 | 0 | 0 | 0 | 0 | 0 | 202.22 | 47.25 | 24.69 | 51.1 | 20.43 | 7.3 | 10.10 | -27.13 | 31.03 | 157.08 | 9.05 | 3.78 | 8.83 | 1666.0 | 0 | 0 | 58.11 | 5.01 | 8.7 | 23.4 | 4.08 | 0.0 | 39.82 | 34.94 | 52.6 | 29.43 | 0.8 | -16.67 | 40.62 | 33.31 | 0.06 | -2.49 |
| 2020 (7) | 7.77 | 18.99 | 0 | 0 | 0 | 0 | 0 | 0 | 137.33 | -9.16 | 16.34 | 154.12 | 19.04 | 28.74 | 13.86 | 41.72 | 12.07 | -17.84 | 8.72 | 54.06 | 0.5 | -90.0 | 0 | 0 | 55.34 | 5.01 | 7.05 | 9.98 | 4.08 | 0.0 | 29.51 | 56.3 | 40.64 | 38.37 | 0.96 | 190.91 | 30.47 | 58.62 | 0.06 | 9.82 |
| 2019 (6) | 6.53 | -30.16 | 0 | 0 | 0 | 0 | 0 | 0 | 151.18 | -0.49 | 6.43 | -49.61 | 14.79 | -18.02 | 9.78 | -17.61 | 14.69 | -14.44 | 5.66 | 45.5 | 5.0 | -50.0 | 0 | 0 | 52.7 | 3.99 | 6.41 | 24.95 | 4.08 | 0.0 | 18.88 | -19.14 | 29.37 | -9.8 | 0.33 | -21.43 | 19.21 | -19.18 | 0.05 | 7.16 |
| 2018 (5) | 9.35 | 41.03 | 0 | 0 | 0 | 0 | 0 | 0 | 151.93 | 3.34 | 12.76 | 0.47 | 18.04 | 7.44 | 11.87 | 3.97 | 17.17 | -7.49 | 3.89 | -11.39 | 10.0 | -4.76 | 0.02 | -80.0 | 50.68 | 3.01 | 5.13 | 32.9 | 4.08 | 0.0 | 23.35 | 13.18 | 32.56 | 13.97 | 0.42 | 100.0 | 23.77 | 14.06 | 0.05 | 2.74 |
| 2017 (4) | 6.63 | -52.95 | 0 | 0 | 0 | 0 | 0 | 0 | 147.02 | 3.85 | 12.7 | -11.99 | 16.79 | 17.25 | 11.42 | 12.9 | 18.56 | 7.72 | 4.39 | 46.82 | 10.5 | 0.0 | 0.1 | -50.0 | 49.2 | 2.99 | 3.86 | 59.5 | 4.08 | 0.0 | 20.63 | 8.58 | 28.57 | 12.08 | 0.21 | -48.78 | 20.84 | 7.37 | 0.05 | -1.69 |
| 2016 (3) | 14.09 | 79.95 | 1.6 | -54.29 | 0 | 0 | 0 | 0 | 141.57 | 2.28 | 14.43 | 87.89 | 14.32 | 5.76 | 10.12 | 3.41 | 17.23 | -6.76 | 2.99 | 1.36 | 10.5 | 5.53 | 0.2 | -33.33 | 47.77 | 2.01 | 2.42 | 46.67 | 4.08 | 0.0 | 19.0 | 64.22 | 25.49 | 47.34 | 0.41 | -25.45 | 19.41 | 60.15 | 0.05 | 7.58 |
| 2015 (2) | 7.83 | 3.03 | 3.5 | -30.0 | 2.38 | 35.23 | 0 | 0 | 138.42 | -4.93 | 7.68 | 545.38 | 13.54 | 1.73 | 9.78 | 7.0 | 18.48 | -10.85 | 2.95 | -6.94 | 9.95 | 25.79 | 0.3 | -6.25 | 46.83 | 0.0 | 1.65 | 7.84 | 4.08 | 0.0 | 11.57 | 130.48 | 17.3 | 62.59 | 0.55 | -5.17 | 12.12 | 116.43 | 0.05 | 4.45 |
| 2014 (1) | 7.6 | -18.19 | 5.0 | 150.0 | 1.76 | 37.5 | 0 | 0 | 145.6 | 2.6 | 1.19 | -84.2 | 13.31 | -2.78 | 9.14 | -5.24 | 20.73 | 23.25 | 3.17 | -0.94 | 7.91 | -27.16 | 0.32 | -15.79 | 46.83 | 4.0 | 1.53 | 96.15 | 4.08 | 0.0 | 5.02 | -50.93 | 10.64 | -29.49 | 0.58 | 93.33 | 5.6 | -46.82 | 0.04 | 5.06 |
| 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) | 12.95 | -15.8 | -24.36 | 19.8 | 19.64 | 65.0 | 12.32 | 47.9 | 0 | 0 | 0 | 0 | 25.62 | -16.71 | -23.89 | -4.11 | -537.23 | -379.59 | 9.53 | -24.31 | -30.34 | 8.10 | -19.13 | -17.14 | 23.94 | -10.07 | -0.99 | 8.02 | -0.74 | -3.61 | 22.47 | -11.61 | -24.42 | 0 | 0 | 0 | 58.11 | 0.0 | 0.0 | 11.51 | 0.0 | 3.04 | 4.08 | 0.0 | 0.0 | 16.02 | -20.42 | -28.32 | 31.61 | -11.51 | -15.95 | 0.47 | 0.0 | -32.86 | 16.49 | -19.95 | -28.46 | 0.06 | 1.19 | -2.17 |
| 24Q2 (19) | 15.38 | 4.2 | -31.55 | 16.55 | -3.78 | 88.07 | 8.33 | 73.18 | 0 | 0 | 0 | 0 | 30.76 | 5.89 | -7.9 | 0.94 | 393.75 | 9300.0 | 12.59 | 9.76 | -13.59 | 10.02 | 12.07 | 0.45 | 26.62 | -0.08 | 6.1 | 8.08 | 0.0 | -3.58 | 25.42 | -7.26 | -28.76 | 0 | 0 | 0 | 58.11 | 0.0 | 0.0 | 11.51 | 3.04 | 3.04 | 4.08 | 0.0 | 0.0 | 20.13 | -6.63 | -3.59 | 35.72 | -2.96 | -1.13 | 0.47 | 2.17 | -12.96 | 20.6 | -6.45 | -3.83 | 0.06 | -3.57 | -4.3 |
| 24Q1 (18) | 14.76 | 22.69 | -4.59 | 17.2 | 24.64 | 115.0 | 4.81 | 121.66 | 0 | 0 | 0 | 0 | 29.05 | -9.84 | -23.15 | -0.32 | 17.95 | -113.79 | 11.47 | -0.95 | -17.66 | 8.94 | 5.8 | 3.37 | 26.64 | 5.42 | -2.06 | 8.08 | -0.74 | -6.48 | 27.41 | -8.6 | -8.6 | 0 | 0 | 0 | 58.11 | 0.0 | 0.0 | 11.17 | 0.0 | 0.0 | 4.08 | 0.0 | 0.0 | 21.56 | -1.42 | -4.64 | 36.81 | -0.86 | -2.8 | 0.46 | 15.0 | -29.23 | 22.02 | -1.12 | -5.33 | 0.06 | -1.36 | 4.14 |
| 23Q4 (17) | 12.03 | -29.73 | -5.79 | 13.8 | 15.0 | 74.68 | 2.17 | 0 | 0 | 0 | 0 | 0 | 32.22 | -4.28 | -8.13 | -0.39 | -126.53 | 25.0 | 11.58 | -15.35 | -18.57 | 8.45 | -13.59 | 4.78 | 25.27 | 4.51 | -1.37 | 8.14 | -2.16 | -5.79 | 29.99 | 0.87 | 23.31 | 0 | 0 | 0 | 58.11 | 0.0 | 0.0 | 11.17 | 0.0 | 0.0 | 4.08 | 0.0 | 0.0 | 21.87 | -2.15 | 7.79 | 37.13 | -1.28 | 4.44 | 0.4 | -42.86 | -40.3 | 22.27 | -3.38 | 6.25 | 0.06 | 1.63 | 6.78 |
| 23Q3 (16) | 17.12 | -23.81 | 17.1 | 12.0 | 36.36 | 47.24 | 0 | 0 | 0 | 0 | 0 | 0 | 33.66 | 0.78 | -15.51 | 1.47 | 14600.0 | 121.59 | 13.68 | -6.11 | -3.8 | 9.78 | -1.96 | 32.37 | 24.18 | -3.63 | -11.3 | 8.32 | -0.72 | -3.37 | 29.73 | -16.68 | 33.86 | 0 | 0 | 0 | 58.11 | 0.0 | 0.0 | 11.17 | 0.0 | 0.0 | 4.08 | 0.0 | 0.0 | 22.35 | 7.04 | 13.8 | 37.61 | 4.1 | 7.77 | 0.7 | 29.63 | -10.26 | 23.05 | 7.61 | 12.88 | 0.06 | -1.01 | 7.54 |
| 23Q2 (15) | 22.47 | 45.25 | 90.26 | 8.8 | 10.0 | 388.89 | 0 | 0 | 0 | 0 | 0 | 0 | 33.4 | -11.64 | -30.99 | 0.01 | -99.57 | 101.14 | 14.57 | 4.59 | -11.43 | 9.97 | 15.33 | 26.17 | 25.09 | -7.76 | -31.05 | 8.38 | -3.01 | -4.45 | 35.68 | 18.97 | 200.84 | 0 | 0 | 0 | 58.11 | 0.0 | 0.0 | 11.17 | 0.0 | 0.0 | 4.08 | 0.0 | 0.0 | 20.88 | -7.65 | -21.06 | 36.13 | -4.59 | -13.38 | 0.54 | -16.92 | -6.9 | 21.42 | -7.91 | -20.75 | 0.06 | 4.94 | 10.07 |
| 23Q1 (14) | 15.47 | 21.14 | 6.62 | 8.0 | 1.27 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37.8 | 7.78 | -28.77 | 2.32 | 546.15 | -48.56 | 13.93 | -2.04 | -15.68 | 8.65 | 7.25 | 7.55 | 27.2 | 6.17 | -21.34 | 8.64 | 0.0 | -5.05 | 29.99 | 23.31 | 227.76 | 0 | 0 | 0 | 58.11 | 0.0 | 0.0 | 11.17 | 0.0 | 28.39 | 4.08 | 0.0 | 0.0 | 22.61 | 11.43 | -48.98 | 37.87 | 6.53 | -33.69 | 0.65 | -2.99 | -26.97 | 23.26 | 10.97 | -48.55 | 0.06 | 1.15 | 2.43 |
| 22Q4 (13) | 12.77 | -12.65 | 4.67 | 7.9 | -3.07 | 295.0 | 0 | 0 | 0 | 0 | 0 | 0 | 35.07 | -11.97 | -31.53 | -0.52 | 92.36 | -108.65 | 14.22 | 0.0 | -30.4 | 8.06 | 9.16 | -20.2 | 25.62 | -6.02 | -17.43 | 8.64 | 0.35 | -4.53 | 24.32 | 9.5 | 175.42 | 0 | 0 | 0 | 58.11 | 0.0 | 0.0 | 11.17 | 0.0 | 28.39 | 4.08 | 0.0 | 0.0 | 20.29 | 3.31 | -49.05 | 35.55 | 1.86 | -32.41 | 0.67 | -14.1 | -16.25 | 20.96 | 2.64 | -48.4 | 0.06 | 2.35 | 4.19 |
| 22Q3 (12) | 14.62 | 23.79 | 71.6 | 8.15 | 352.78 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 39.84 | -17.69 | -28.15 | -6.81 | -673.86 | -237.58 | 14.22 | -13.56 | -43.97 | 7.39 | -6.55 | -42.69 | 27.26 | -25.09 | 22.52 | 8.61 | -1.82 | -7.42 | 22.21 | 87.27 | 534.57 | 0 | 0 | 0 | 58.11 | 0.0 | 0.0 | 11.17 | 0.0 | 28.39 | 4.08 | 0.0 | 0.0 | 19.64 | -25.75 | -41.91 | 34.9 | -16.33 | -25.09 | 0.78 | 34.48 | -42.65 | 20.42 | -24.45 | -41.94 | 0.06 | 1.31 | 1.35 |
| 22Q2 (11) | 11.81 | -18.61 | 16.13 | 1.8 | 0 | -35.71 | 0 | 0 | 0 | 0 | 0 | 0 | 48.4 | -8.8 | 5.77 | -0.88 | -119.51 | -116.09 | 16.45 | -0.42 | -27.34 | 7.90 | -1.69 | -39.22 | 36.39 | 5.23 | 79.88 | 8.77 | -3.63 | -2.66 | 11.86 | 29.62 | 2272.0 | 0 | 0 | 0 | 58.11 | 0.0 | 0.0 | 11.17 | 28.39 | 28.39 | 4.08 | 0.0 | 0.0 | 26.45 | -40.32 | -8.35 | 41.71 | -26.97 | 0.17 | 0.58 | -34.83 | -57.35 | 27.03 | -40.21 | -10.56 | 0.06 | -2.34 | -0.72 |
| 22Q1 (10) | 14.51 | 18.93 | 120.18 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53.07 | 3.61 | 6.59 | 4.51 | -24.96 | -45.47 | 16.52 | -19.14 | -30.65 | 8.04 | -20.43 | -48.97 | 34.58 | 11.44 | 134.44 | 9.1 | 0.55 | 2.82 | 9.15 | 3.62 | 1730.0 | 0 | 0 | 0 | 58.11 | 0.0 | 5.01 | 8.7 | 0.0 | 23.4 | 4.08 | 0.0 | 0.0 | 44.32 | 11.3 | 17.34 | 57.11 | 8.57 | 16.77 | 0.89 | 11.25 | -31.54 | 45.21 | 11.3 | 15.72 | 0.06 | 2.88 | -0.65 |
| 21Q4 (9) | 12.2 | 43.19 | 57.01 | 2.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 51.22 | -7.63 | 11.52 | 6.01 | 21.41 | -41.14 | 20.43 | -19.5 | 7.3 | 10.10 | -21.61 | -27.13 | 31.03 | 39.46 | 157.08 | 9.05 | -2.69 | 3.78 | 8.83 | 152.29 | 1666.0 | 0 | 0 | 0 | 58.11 | 0.0 | 5.01 | 8.7 | 0.0 | 23.4 | 4.08 | 0.0 | 0.0 | 39.82 | 17.78 | 34.94 | 52.6 | 12.9 | 29.43 | 0.8 | -41.18 | -16.67 | 40.62 | 15.5 | 33.31 | 0.06 | -0.43 | -2.49 |
| 21Q3 (8) | 8.52 | -16.22 | 21.89 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55.45 | 21.18 | 69.99 | 4.95 | -9.51 | 38.27 | 25.38 | 12.1 | 87.31 | 12.89 | -0.89 | 22.23 | 22.25 | 9.99 | 87.13 | 9.3 | 3.22 | 10.19 | 3.5 | 600.0 | -36.36 | 0 | 0 | 0 | 58.11 | 0.0 | 5.01 | 8.7 | 0.0 | 23.4 | 4.08 | 0.0 | 0.0 | 33.81 | 17.15 | 77.02 | 46.59 | 11.89 | 54.07 | 1.36 | 0.0 | 51.11 | 35.17 | 16.38 | 75.85 | 0.06 | -0.75 | 4.25 |
| 21Q2 (7) | 10.17 | 54.32 | 69.5 | 2.8 | 0 | 5.26 | 0 | 0 | 0 | 0 | 0 | 0 | 45.76 | -8.09 | 100.09 | 5.47 | -33.86 | 1094.55 | 22.64 | -4.95 | 106.01 | 13.00 | -17.45 | 0 | 20.23 | 37.15 | 63.81 | 9.01 | 1.81 | 56.42 | 0.5 | 0.0 | -90.0 | 0 | 0 | 0 | 58.11 | 5.01 | 5.01 | 8.7 | 23.4 | 23.4 | 4.08 | 0.0 | 0.0 | 28.86 | -23.59 | 85.83 | 41.64 | -14.86 | 56.19 | 1.36 | 4.62 | 177.55 | 30.22 | -22.65 | 88.64 | 0.06 | -2.28 | 6.72 |
| 21Q1 (6) | 6.59 | -15.19 | -4.22 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 49.79 | 8.4 | 38.65 | 8.27 | -19.0 | 165.92 | 23.82 | 25.11 | 48.04 | 15.75 | 13.62 | 0 | 14.75 | 22.2 | -12.15 | 8.85 | 1.49 | 58.89 | 0.5 | 0.0 | -90.0 | 0 | 0 | 0 | 55.34 | 0.0 | 5.01 | 7.05 | 0.0 | 9.98 | 4.08 | 0.0 | 0.0 | 37.77 | 27.99 | 71.76 | 48.91 | 20.35 | 50.58 | 1.3 | 35.42 | 333.33 | 39.07 | 28.22 | 75.28 | 0.06 | 0.97 | 6.73 |
| 20Q4 (5) | 7.77 | 11.16 | 18.99 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 45.93 | 40.8 | 23.77 | 10.21 | 185.2 | 327.2 | 19.04 | 40.52 | 28.74 | 13.86 | 31.49 | 0 | 12.07 | 1.51 | -17.84 | 8.72 | 3.32 | 54.06 | 0.5 | -90.91 | -90.0 | 0 | 0 | 0 | 55.34 | 0.0 | 5.01 | 7.05 | 0.0 | 9.98 | 4.08 | 0.0 | 0.0 | 29.51 | 54.5 | 56.3 | 40.64 | 34.39 | 38.37 | 0.96 | 6.67 | 190.91 | 30.47 | 52.35 | 58.62 | 0.06 | 6.45 | 9.82 |
| 20Q3 (4) | 6.99 | 16.5 | 0.0 | 0 | -100.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 32.62 | 42.63 | 0.0 | 3.58 | 750.91 | 0.0 | 13.55 | 23.29 | 0.0 | 10.54 | 0 | 0.0 | 11.89 | -3.72 | 0.0 | 8.44 | 46.53 | 0.0 | 5.5 | 10.0 | 0.0 | 0 | 0 | 0.0 | 55.34 | 0.0 | 0.0 | 7.05 | 0.0 | 0.0 | 4.08 | 0.0 | 0.0 | 19.1 | 22.99 | 0.0 | 30.24 | 13.43 | 0.0 | 0.9 | 83.67 | 0.0 | 20.0 | 24.84 | 0.0 | 0.05 | 1.59 | 0.0 |
