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) | 22.11 | -16.94 | 8.25 | 450.0 | 0 | 0 | 0 | 0 | 152.05 | -15.92 | -2.74 | 0 | 18.09 | 10.17 | 11.90 | 31.03 | 11.02 | 15.88 | 7.31 | -2.79 | 0 | 0 | 0 | 0 | 39.76 | 0.0 | 5.02 | 9.61 | 3.08 | 0.0 | 17.46 | -22.57 | 25.56 | -15.39 | 1.13 | -45.93 | 18.59 | -24.55 | 0.00 | 0 |
| 2022 (9) | 26.62 | 2.46 | 1.5 | -57.14 | 0 | 0 | 0 | 0 | 180.84 | -12.94 | 4.12 | -77.73 | 16.42 | -33.5 | 9.08 | -23.61 | 9.51 | -19.81 | 7.52 | -6.23 | 3.0 | 0.0 | 0.02 | -50.0 | 39.76 | 4.99 | 4.58 | 67.15 | 3.08 | 0.0 | 22.55 | -23.38 | 30.21 | -14.3 | 2.09 | -40.11 | 24.64 | -25.15 | 0.00 | 0 |
| 2021 (8) | 25.98 | 5.65 | 3.5 | 133.33 | 0 | 0 | 0 | 0 | 207.71 | 34.02 | 18.5 | -3.65 | 24.69 | 11.32 | 11.89 | -16.94 | 11.86 | 60.05 | 8.02 | 12.48 | 3.0 | 0.0 | 0.04 | -20.0 | 37.87 | 10.02 | 2.74 | 234.15 | 3.08 | 0.0 | 29.43 | 26.47 | 35.25 | 29.74 | 3.49 | 78.06 | 32.92 | 30.48 | 0.00 | 0 |
| 2020 (7) | 24.59 | 87.42 | 1.5 | -87.47 | 0 | 0 | 0 | 0 | 154.98 | -12.3 | 19.2 | 382.41 | 22.18 | -0.45 | 14.31 | 13.52 | 7.41 | -0.67 | 7.13 | 14.08 | 3.0 | -70.0 | 0.05 | -28.57 | 34.42 | 2.99 | 0.82 | 95.24 | 3.08 | 0.0 | 23.27 | 259.1 | 27.17 | 172.24 | 1.96 | 0 | 25.23 | 315.65 | 0.00 | 0 |
| 2019 (6) | 13.12 | 117.58 | 11.97 | -40.3 | 0 | 0 | 0 | 0 | 176.72 | -18.5 | 3.98 | 91.35 | 22.28 | -24.22 | 12.61 | -7.01 | 7.46 | -35.69 | 6.25 | 2.97 | 10.0 | 0.0 | 0.07 | -30.0 | 33.42 | 1.98 | 0.42 | 100.0 | 3.08 | 0.0 | 6.48 | 61.19 | 9.98 | 36.53 | -0.41 | 0 | 6.07 | 57.66 | 0.00 | 0 |
| 2018 (5) | 6.03 | 19.41 | 20.05 | 87.03 | 0 | 0 | 0 | 0 | 216.84 | 9.4 | 2.08 | -58.57 | 29.4 | 0.96 | 13.56 | -7.71 | 11.6 | -8.23 | 6.07 | -4.11 | 10.0 | 0.0 | 0.1 | -9.09 | 32.77 | 0.0 | 0.21 | 0 | 3.08 | 0.0 | 4.02 | 103.03 | 7.31 | 44.47 | -0.17 | 0 | 3.85 | 19.94 | 0.00 | 0 |
| 2017 (4) | 5.05 | -16.8 | 10.72 | -22.32 | 0 | 0 | 0 | 0 | 198.21 | 20.72 | 5.02 | 314.88 | 29.12 | 32.73 | 14.69 | 9.95 | 12.64 | -10.04 | 6.33 | 5.5 | 10.0 | 0.0 | 0.11 | -31.25 | 32.77 | 0.0 | 0 | 0 | 3.08 | 0.0 | 1.98 | 0 | 5.06 | 2711.11 | 1.23 | 46.43 | 3.21 | 0 | 0.00 | 0 |
| 2016 (3) | 6.07 | 3.58 | 13.8 | -43.54 | 0 | 0 | 0 | 0 | 164.19 | -3.58 | 1.21 | 77.94 | 21.94 | -13.89 | 13.36 | -10.7 | 14.05 | 14.98 | 6.0 | 2.21 | 10.0 | 0.0 | 0.16 | -30.43 | 32.77 | 0.0 | 0 | 0 | 3.08 | 0.0 | -2.9 | 0 | 0.18 | 0 | 0.84 | -49.7 | -2.06 | 0 | 0.00 | 0 |
| 2015 (2) | 5.86 | -35.68 | 24.44 | -31.35 | 0 | 0 | 0 | 0 | 170.28 | -18.66 | 0.68 | 0 | 25.48 | -27.76 | 14.96 | -11.19 | 12.22 | -29.2 | 5.87 | -3.45 | 10.0 | -23.08 | 0.23 | 4.55 | 32.77 | 0.0 | 0 | 0 | 3.08 | 0.0 | -3.77 | 0 | -0.69 | 0 | 1.67 | -45.95 | -2.1 | 0 | 0.00 | 0 |
| 2014 (1) | 9.11 | -26.29 | 35.6 | -3.31 | 0 | 0 | 0 | 0 | 209.34 | -2.36 | -6.31 | 0 | 35.27 | -7.55 | 16.85 | -5.32 | 17.26 | -37.89 | 6.08 | -0.82 | 13.0 | 30.0 | 0.22 | 120.0 | 32.77 | 0.0 | 0.97 | 2.11 | 3.08 | 0.0 | -5.21 | 0 | -1.15 | 0 | 3.09 | 5.46 | -2.12 | 0 | 0.00 | 0 |
| 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) | 18.93 | -17.84 | -16.13 | 17.7 | 56.64 | 405.71 | 0 | 0 | 0 | 0 | 0 | 0 | 51.86 | 4.92 | 30.27 | -0.99 | -153.85 | -37.5 | 25.06 | 22.48 | 28.91 | 13.94 | 14.28 | 7.45 | 12.64 | 5.07 | 32.77 | 7.31 | -0.14 | -1.35 | 0 | 0 | 0 | 0 | 0 | -100.0 | 39.76 | 0.0 | 0.0 | 5.02 | 0.0 | 0.0 | 3.08 | 0.0 | 0.0 | 13.87 | -6.66 | -25.11 | 21.97 | -4.31 | -17.47 | 1.58 | 7.48 | -29.78 | 15.45 | -5.39 | -25.61 | 0.00 | 0 | 0 |
| 24Q2 (19) | 23.04 | 14.91 | 1.5 | 11.3 | -1.74 | 413.64 | 0 | 0 | 0 | 0 | 0 | 0 | 49.43 | 30.39 | 37.76 | -0.39 | 61.76 | -143.75 | 20.46 | 0.69 | 22.0 | 12.20 | -7.44 | 14.14 | 12.03 | 17.48 | 4.7 | 7.32 | 0.55 | -1.48 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 39.76 | 0.0 | 0.0 | 5.02 | 0.0 | 0.0 | 3.08 | 0.0 | 0.0 | 14.86 | -9.61 | -22.77 | 22.96 | -6.44 | -16.02 | 1.47 | 2.08 | 1.38 | 16.33 | -8.67 | -21.07 | 0.00 | 0 | 0 |
| 24Q1 (18) | 20.05 | -9.32 | -20.4 | 11.5 | 39.39 | 666.67 | 0 | 0 | 0 | 0 | 0 | 0 | 37.91 | -6.67 | 6.04 | -1.02 | 9.73 | -41.67 | 20.32 | 12.33 | 24.05 | 13.18 | 10.75 | 37.73 | 10.24 | -7.08 | -22.19 | 7.28 | -0.41 | -4.71 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 39.76 | 0.0 | 0.0 | 5.02 | 0.0 | 9.61 | 3.08 | 0.0 | 0.0 | 16.44 | -5.84 | -24.69 | 24.54 | -3.99 | -16.79 | 1.44 | 27.43 | -49.83 | 17.88 | -3.82 | -27.61 | 0.00 | 0 | 0 |
| 23Q4 (17) | 22.11 | -2.04 | -16.94 | 8.25 | 135.71 | 450.0 | 0 | 0 | 0 | 0 | 0 | 0 | 40.62 | 2.03 | 5.67 | -1.13 | -56.94 | -162.79 | 18.09 | -6.94 | 10.17 | 11.90 | -8.28 | 31.01 | 11.02 | 15.76 | 15.88 | 7.31 | -1.35 | -2.79 | 0 | 0 | -100.0 | 0 | -100.0 | -100.0 | 39.76 | 0.0 | 0.0 | 5.02 | 0.0 | 9.61 | 3.08 | 0.0 | 0.0 | 17.46 | -5.72 | -22.57 | 25.56 | -3.98 | -15.39 | 1.13 | -49.78 | -45.93 | 18.59 | -10.5 | -24.55 | 0.00 | 0 | 0 |
| 23Q3 (16) | 22.57 | -0.57 | -15.59 | 3.5 | 59.09 | 40.0 | 0 | 0 | 0 | 0 | 0 | 0 | 39.81 | 10.95 | -15.08 | -0.72 | -350.0 | -300.0 | 19.44 | 15.92 | -1.12 | 12.97 | 21.39 | 28.97 | 9.52 | -17.15 | -28.74 | 7.41 | -0.27 | 0.27 | 0 | -100.0 | -100.0 | 0.01 | 0.0 | -66.67 | 39.76 | 0.0 | 0.0 | 5.02 | 0.0 | 9.61 | 3.08 | 0.0 | 0.0 | 18.52 | -3.74 | -18.31 | 26.62 | -2.63 | -12.23 | 2.25 | 55.17 | 4.65 | 20.77 | 0.39 | -16.32 | 0.00 | 0 | 0 |
| 23Q2 (15) | 22.7 | -9.88 | -16.08 | 2.2 | 46.67 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35.88 | 0.36 | -28.45 | -0.16 | 77.78 | -110.0 | 16.77 | 2.38 | -17.75 | 10.68 | 11.69 | 5.95 | 11.49 | -12.69 | -22.36 | 7.43 | -2.75 | -2.62 | 2.7 | 170.0 | 0 | 0.01 | -50.0 | -66.67 | 39.76 | 0.0 | 0.0 | 5.02 | 9.61 | 9.61 | 3.08 | 0.0 | 0.0 | 19.24 | -11.86 | -13.76 | 27.34 | -7.29 | -8.78 | 1.45 | -49.48 | -34.68 | 20.69 | -16.23 | -15.65 | 0.00 | 0 | 0 |
| 23Q1 (14) | 25.19 | -5.37 | -2.44 | 1.5 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 35.75 | -7.0 | -21.19 | -0.72 | -67.44 | -127.8 | 16.38 | -0.24 | -25.92 | 9.57 | 5.36 | -10.13 | 13.16 | 38.38 | 6.99 | 7.64 | 1.6 | -6.83 | 1.0 | -66.67 | 0 | 0.02 | 0.0 | -50.0 | 39.76 | 0.0 | 4.99 | 4.58 | 0.0 | 67.15 | 3.08 | 0.0 | 0.0 | 21.83 | -3.19 | -31.82 | 29.49 | -2.38 | -22.07 | 2.87 | 37.32 | -31.34 | 24.7 | 0.24 | -31.77 | 0.00 | 0 | 0 |
| 22Q4 (13) | 26.62 | -0.45 | 2.46 | 1.5 | -40.0 | -57.14 | 0 | 0 | 0 | 0 | 0 | 0 | 38.44 | -18.0 | -27.61 | -0.43 | -219.44 | -109.56 | 16.42 | -16.48 | -33.5 | 9.08 | -9.71 | -23.61 | 9.51 | -28.82 | -19.81 | 7.52 | 1.76 | -6.23 | 3.0 | -33.33 | 0.0 | 0.02 | -33.33 | -50.0 | 39.76 | 0.0 | 4.99 | 4.58 | 0.0 | 67.15 | 3.08 | 0.0 | 0.0 | 22.55 | -0.53 | -23.38 | 30.21 | -0.4 | -14.3 | 2.09 | -2.79 | -40.11 | 24.64 | -0.73 | -25.15 | 0.00 | 0 | 0 |
| 22Q3 (12) | 26.74 | -1.15 | -1.76 | 2.5 | 0 | 66.67 | 0 | 0 | 0 | 0 | 0 | 0 | 46.88 | -6.52 | -12.49 | 0.36 | -77.5 | -90.24 | 19.66 | -3.58 | -19.66 | 10.06 | -0.28 | -16.6 | 13.36 | -9.73 | 37.03 | 7.39 | -3.15 | -9.1 | 4.5 | 0 | 0 | 0.03 | 0.0 | -40.0 | 39.76 | 0.0 | 4.99 | 4.58 | 0.0 | 67.15 | 3.08 | 0.0 | 0.0 | 22.67 | 1.61 | -9.39 | 30.33 | 1.2 | -1.65 | 2.15 | -3.15 | -52.33 | 24.82 | 1.18 | -15.95 | 0.00 | 0 | 0 |
| 22Q2 (11) | 27.05 | 4.76 | 1.81 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 50.15 | 10.56 | -9.93 | 1.6 | -38.22 | -70.48 | 20.39 | -7.78 | -14.08 | 10.09 | -5.26 | -18.92 | 14.8 | 20.33 | 37.04 | 7.63 | -6.95 | -0.26 | 0 | 0 | -100.0 | 0.03 | -25.0 | -40.0 | 39.76 | 4.99 | 15.51 | 4.58 | 67.15 | 458.54 | 3.08 | 0.0 | 0.0 | 22.31 | -30.32 | -33.56 | 29.97 | -20.8 | -20.02 | 2.22 | -46.89 | -45.32 | 24.53 | -32.24 | -34.83 | 0.00 | 0 | 0 |
| 22Q1 (10) | 25.82 | -0.62 | -2.53 | 1.5 | -57.14 | -50.0 | 0 | 0 | 0 | 0 | 0 | 0 | 45.36 | -14.58 | 0.0 | 2.59 | -42.44 | -47.03 | 22.11 | -10.45 | 5.29 | 10.64 | -10.45 | -13.44 | 12.3 | 3.71 | 57.89 | 8.2 | 2.24 | 9.48 | 0 | -100.0 | -100.0 | 0.04 | 0.0 | -20.0 | 37.87 | 0.0 | 10.02 | 2.74 | 0.0 | 234.15 | 3.08 | 0.0 | 0.0 | 32.02 | 8.8 | 13.71 | 37.84 | 7.35 | 18.07 | 4.18 | 19.77 | 69.92 | 36.2 | 9.96 | 18.22 | 0.00 | 0 | 0 |
| 21Q4 (9) | 25.98 | -4.56 | 5.65 | 3.5 | 133.33 | 133.33 | 0 | 0 | 0 | 0 | 0 | 0 | 53.1 | -0.88 | 9.92 | 4.5 | 21.95 | -43.11 | 24.69 | 0.9 | 11.32 | 11.89 | -1.43 | -16.94 | 11.86 | 21.64 | 60.05 | 8.02 | -1.35 | 12.48 | 3.0 | 0 | 0.0 | 0.04 | -20.0 | -20.0 | 37.87 | 0.0 | 10.02 | 2.74 | 0.0 | 234.15 | 3.08 | 0.0 | 0.0 | 29.43 | 17.63 | 26.47 | 35.25 | 14.3 | 29.74 | 3.49 | -22.62 | 78.06 | 32.92 | 11.48 | 30.48 | 0.00 | 0 | 0 |
| 21Q3 (8) | 27.22 | 2.45 | 31.31 | 1.5 | 0.0 | -83.62 | 0 | 0 | 0 | 0 | 0 | 0 | 53.57 | -3.79 | 29.3 | 3.69 | -31.92 | -43.92 | 24.47 | 3.12 | 49.3 | 12.06 | -3.05 | 9.45 | 9.75 | -9.72 | 62.23 | 8.13 | 6.27 | 22.44 | 0 | -100.0 | -100.0 | 0.05 | 0.0 | -16.67 | 37.87 | 10.02 | 10.02 | 2.74 | 234.15 | 234.15 | 3.08 | 0.0 | 0.0 | 25.02 | -25.49 | 62.78 | 30.84 | -17.69 | 60.12 | 4.51 | 11.08 | 3658.33 | 29.53 | -21.55 | 90.64 | 0.00 | 0 | 0 |
| 21Q2 (7) | 26.57 | 0.3 | 50.62 | 1.5 | -50.0 | -89.13 | 0 | 0 | 0 | 0 | 0 | 0 | 55.68 | 22.75 | 56.1 | 5.42 | 10.84 | 66.26 | 23.73 | 13.0 | 44.96 | 12.44 | 1.15 | 0 | 10.8 | 38.64 | 131.26 | 7.65 | 2.14 | 19.53 | 3.0 | 0.0 | -45.45 | 0.05 | 0.0 | -16.67 | 34.42 | 0.0 | 0.0 | 0.82 | 0.0 | 0.0 | 3.08 | 0.0 | 0.0 | 33.58 | 19.25 | 282.46 | 37.47 | 16.91 | 195.5 | 4.06 | 65.04 | 469.09 | 37.64 | 22.93 | 390.1 | 0.00 | 0 | 0 |
| 21Q1 (6) | 26.49 | 7.73 | 72.69 | 3.0 | 100.0 | -68.05 | 0 | 0 | 0 | 0 | 0 | 0 | 45.36 | -6.11 | 53.35 | 4.89 | -38.18 | 237.24 | 21.0 | -5.32 | 25.52 | 12.30 | -14.07 | 0 | 7.79 | 5.13 | -6.37 | 7.49 | 5.05 | 20.22 | 3.0 | 0.0 | -70.0 | 0.05 | 0.0 | -28.57 | 34.42 | 0.0 | 2.99 | 0.82 | 0.0 | 95.24 | 3.08 | 0.0 | 0.0 | 28.16 | 21.01 | 255.11 | 32.05 | 17.96 | 180.4 | 2.46 | 25.51 | 289.23 | 30.62 | 21.36 | 361.84 | 0.00 | 0 | 0 |
| 20Q4 (5) | 24.59 | 18.62 | 87.42 | 1.5 | -83.62 | -87.47 | 0 | 0 | 0 | 0 | 0 | 0 | 48.31 | 16.61 | 14.81 | 7.91 | 20.21 | 853.01 | 22.18 | 35.33 | -0.45 | 14.31 | 29.89 | 0 | 7.41 | 23.29 | -0.67 | 7.13 | 7.38 | 14.08 | 3.0 | -45.45 | -70.0 | 0.05 | -16.67 | -28.57 | 34.42 | 0.0 | 2.99 | 0.82 | 0.0 | 95.24 | 3.08 | 0.0 | 0.0 | 23.27 | 51.4 | 259.1 | 27.17 | 41.07 | 172.24 | 1.96 | 1533.33 | 578.05 | 25.23 | 62.88 | 315.65 | 0.00 | 0 | 0 |
| 20Q3 (4) | 20.73 | 17.52 | 0.0 | 9.16 | -33.62 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 41.43 | 16.15 | 0.0 | 6.58 | 101.84 | 0.0 | 16.39 | 0.12 | 0.0 | 11.02 | 0 | 0.0 | 6.01 | 28.69 | 0.0 | 6.64 | 3.75 | 0.0 | 5.5 | 0.0 | 0.0 | 0.06 | 0.0 | 0.0 | 34.42 | 0.0 | 0.0 | 0.82 | 0.0 | 0.0 | 3.08 | 0.0 | 0.0 | 15.37 | 75.06 | 0.0 | 19.26 | 51.89 | 0.0 | 0.12 | 110.91 | 0.0 | 15.49 | 101.69 | 0.0 | 0.00 | 0 | 0.0 |
