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) | 22.49 | 11.34 | 1.29 | -19.88 | 0 | 0 | 0 | 0 | 21.57 | -19.18 | 3.49 | -50.71 | 3.24 | -25.35 | 15.02 | -7.63 | 6.32 | -15.62 | 8.22 | 0.61 | 0 | 0 | 0 | 0 | 9.91 | 0.0 | 15.71 | 0.0 | 5.74 | 0.0 | 54.31 | -3.29 | 75.75 | -2.4 | 18.9 | 8.56 | 73.21 | -0.49 | 0.00 | 0.15 |
| 2022 (9) | 20.2 | 33.77 | 1.61 | -37.11 | 0 | 0 | 0 | 0 | 26.69 | 12.19 | 7.08 | 14060.0 | 4.34 | 2.84 | 16.26 | -8.33 | 7.49 | -0.93 | 8.17 | -16.21 | 0 | 0 | 0 | 0 | 9.91 | 0.0 | 15.71 | 0.0 | 5.74 | 0.0 | 56.16 | 4.12 | 77.61 | 2.94 | 17.41 | -40.29 | 73.57 | -11.47 | 0.00 | 21.3 |
| 2021 (8) | 15.1 | -62.13 | 2.56 | 19.63 | 0 | 0 | 0 | 0 | 23.79 | 6.49 | 0.05 | -99.91 | 4.22 | 1.44 | 17.74 | -4.74 | 7.56 | 24.55 | 9.75 | 6.21 | 0 | 0 | 0 | 0 | 9.91 | -28.5 | 15.71 | 88.37 | 5.74 | 0.0 | 53.94 | -22.31 | 75.39 | -9.71 | 29.16 | 22.06 | 83.1 | -10.95 | 0.00 | 9.7 |
| 2020 (7) | 39.87 | 513.38 | 2.14 | -29.61 | 0.02 | -50.0 | 0 | 0 | 22.34 | -8.48 | 54.29 | 680.03 | 4.16 | 14.92 | 18.62 | 25.57 | 6.07 | -3.5 | 9.18 | 13.33 | 0 | 0 | 0 | 0 | 13.86 | -30.0 | 8.34 | 9.74 | 5.74 | -77.18 | 69.43 | 653.04 | 83.5 | 98.95 | 23.89 | 8.2 | 93.32 | 198.15 | 0.00 | -21.85 |
| 2019 (6) | 6.5 | 2.04 | 3.04 | -46.29 | 0.04 | 0.0 | 0 | 0 | 24.41 | -4.01 | 6.96 | 203.93 | 3.62 | -27.89 | 14.83 | -24.88 | 6.29 | -1.72 | 8.1 | -73.13 | 0.02 | -66.67 | 0 | 0 | 19.8 | 0.0 | 7.6 | 3.12 | 25.15 | -2.59 | 9.22 | 107.66 | 41.97 | 11.53 | 22.08 | 10.9 | 31.3 | 28.54 | 0.00 | 68.7 |
| 2018 (5) | 6.37 | -29.14 | 5.66 | 10.76 | 0.04 | 0.0 | 0 | 0 | 25.43 | -4.22 | 2.29 | 33.14 | 5.02 | 32.45 | 19.74 | 38.29 | 6.4 | -4.19 | 30.14 | 0.13 | 0.06 | -40.0 | 0 | 0 | 19.8 | 0.0 | 7.37 | 2.36 | 25.82 | 0.0 | 4.44 | 9.63 | 37.63 | 1.54 | 19.91 | 20.08 | 24.35 | 18.03 | 0.00 | -50.45 |
| 2017 (4) | 8.99 | 5.15 | 5.11 | 4.71 | 0.04 | -20.0 | 0 | 0 | 26.55 | -8.07 | 1.72 | -43.42 | 3.79 | -16.15 | 14.27 | -8.79 | 6.68 | -7.86 | 30.1 | 0.0 | 0.1 | -33.33 | 0 | 0 | 19.8 | 0.0 | 7.2 | 4.5 | 25.82 | 0.0 | 4.05 | -15.09 | 37.06 | -1.12 | 16.58 | 4.61 | 20.63 | 0.05 | 0.00 | 42.85 |
| 2016 (3) | 8.55 | 25.0 | 4.88 | -0.81 | 0.05 | -58.33 | 0 | 0 | 28.88 | 5.94 | 3.04 | 18.75 | 4.52 | 5.12 | 15.65 | -0.78 | 7.25 | 4.32 | 30.1 | 1.01 | 0.15 | -11.76 | 0 | 0 | 19.8 | 0.0 | 6.89 | 3.77 | 25.82 | 0.0 | 4.77 | 6.47 | 37.48 | 1.46 | 15.85 | 22.68 | 20.62 | 18.51 | 0.00 | 279.81 |
| 2015 (2) | 6.84 | 46.78 | 4.92 | 12.59 | 0.12 | -25.0 | 0 | 0 | 27.26 | -8.83 | 2.56 | 8.47 | 4.3 | -12.96 | 15.77 | -4.53 | 6.95 | 4.2 | 29.8 | -1.97 | 0.17 | -41.38 | 0 | 0 | 19.8 | 0.0 | 6.64 | 3.75 | 25.82 | 0.0 | 4.48 | 9.8 | 36.94 | 1.76 | 12.92 | -19.7 | 17.4 | -13.73 | 0.00 | 38.05 |
| 2014 (1) | 4.66 | -24.1 | 4.37 | -0.91 | 0.16 | -5.88 | 0 | 0 | 29.9 | -11.77 | 2.36 | 35.63 | 4.94 | 0.61 | 16.52 | 14.04 | 6.67 | -5.26 | 30.4 | -0.91 | 0.29 | -39.58 | 0 | 0 | 19.8 | -10.0 | 6.4 | 2.73 | 25.82 | 0.0 | 4.08 | -0.97 | 36.3 | 0.39 | 16.09 | -10.11 | 20.17 | -8.4 | 0.00 | -75.7 |
| 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) | 21.33 | -5.54 | -7.3 | 1.27 | 9.48 | -2.31 | 0 | 0 | 0 | 0 | 0 | 0 | 5.11 | -8.59 | -2.67 | 0.44 | -25.42 | -66.41 | 2.96 | -31.95 | -8.36 | 14.87 | -31.48 | 6.28 | 6.61 | 5.09 | 0.3 | 8.04 | 0.75 | -1.47 | 0 | 0 | 0 | 0 | 0 | 0 | 9.91 | 0.0 | 0.0 | 15.71 | 0.0 | 0.0 | 5.74 | 0.0 | 0.0 | 52.77 | -2.92 | -3.84 | 74.22 | -2.08 | -2.75 | 12.91 | -14.33 | -26.27 | 65.68 | -5.4 | -9.27 | 0.00 | 11.35 | 3.05 |
| 24Q2 (19) | 22.58 | -6.81 | -9.5 | 1.16 | -5.69 | -10.77 | 0 | 0 | 0 | 0 | 0 | 0 | 5.59 | 22.59 | -10.85 | 0.59 | 47.5 | -74.89 | 4.35 | 48.46 | 8.21 | 21.71 | 53.5 | 36.72 | 6.29 | -2.48 | -4.41 | 7.98 | -0.13 | -0.37 | 0 | 0 | 0 | 0 | 0 | 0 | 9.91 | 0.0 | 0.0 | 15.71 | 0.0 | 0.0 | 5.74 | 0.0 | 0.0 | 54.36 | 3.48 | -2.86 | 75.8 | 2.47 | -2.08 | 15.07 | -10.08 | -27.2 | 69.43 | 0.2 | -9.43 | 0.00 | -7.09 | -0.47 |
| 24Q1 (18) | 24.23 | 7.74 | 17.17 | 1.23 | -4.65 | -13.38 | 0 | 0 | 0 | 0 | 0 | 0 | 4.56 | -1.72 | -15.71 | 0.4 | 183.33 | 25.0 | 2.93 | -9.57 | 0.69 | 14.14 | -5.86 | 26.15 | 6.45 | 2.06 | -18.35 | 7.99 | -2.8 | 1.65 | 0 | 0 | 0 | 0 | 0 | 0 | 9.91 | 0.0 | 0.0 | 15.71 | 0.0 | 0.0 | 5.74 | 0.0 | 0.0 | 52.53 | -3.28 | -0.91 | 73.97 | -2.35 | -0.66 | 16.76 | -11.32 | -24.09 | 69.29 | -5.35 | -7.72 | 0.00 | 3.82 | 5.46 |
| 23Q4 (17) | 22.49 | -2.26 | 11.34 | 1.29 | -0.77 | -19.88 | 0 | 0 | 0 | 0 | 0 | 0 | 4.64 | -11.62 | -24.55 | -0.48 | -136.64 | -500.0 | 3.24 | 0.31 | -25.35 | 15.02 | 7.33 | -7.63 | 6.32 | -4.1 | -15.62 | 8.22 | 0.74 | 0.61 | 0 | 0 | 0 | 0 | 0 | 0 | 9.91 | 0.0 | 0.0 | 15.71 | 0.0 | 0.0 | 5.74 | 0.0 | 0.0 | 54.31 | -1.04 | -3.29 | 75.75 | -0.75 | -2.4 | 18.9 | 7.94 | 8.56 | 73.21 | 1.13 | -0.49 | 0.00 | -4.06 | 0.15 |
| 23Q3 (16) | 23.01 | -7.78 | 20.09 | 1.3 | 0.0 | -15.58 | 0 | 0 | 0 | 0 | 0 | 0 | 5.25 | -16.27 | -29.91 | 1.31 | -44.26 | -74.06 | 3.23 | -19.65 | -31.28 | 13.99 | -11.85 | -20.5 | 6.59 | 0.15 | -10.58 | 8.16 | 1.87 | -4.67 | 0 | 0 | 0 | 0 | 0 | 0 | 9.91 | 0.0 | 0.0 | 15.71 | 0.0 | 0.0 | 5.74 | 0.0 | 0.0 | 54.88 | -1.93 | -1.91 | 76.32 | -1.41 | -1.4 | 17.51 | -15.41 | 14.82 | 72.39 | -5.57 | 1.67 | 0.00 | 7.55 | -1.33 |
| 23Q2 (15) | 24.95 | 20.65 | 52.69 | 1.3 | -8.45 | -16.13 | 0 | 0 | 0 | 0 | 0 | 0 | 6.27 | 15.9 | -9.26 | 2.35 | 634.38 | 111.71 | 4.02 | 38.14 | -8.01 | 15.88 | 41.64 | -5.43 | 6.58 | -16.71 | -14.43 | 8.01 | 1.91 | -8.98 | 0 | 0 | 0 | 0 | 0 | 0 | 9.91 | 0.0 | 0.0 | 15.71 | 0.0 | 0.0 | 5.74 | 0.0 | 0.0 | 55.96 | 5.56 | 4.83 | 77.41 | 3.96 | 3.46 | 20.7 | -6.25 | -10.97 | 76.66 | 2.09 | 0.04 | 0.00 | -1.55 | 7.14 |
| 23Q1 (14) | 20.68 | 2.38 | 53.07 | 1.42 | -11.8 | -23.24 | 0 | 0 | 0 | 0 | 0 | 0 | 5.41 | -12.03 | -11.89 | 0.32 | 166.67 | -60.0 | 2.91 | -32.95 | -14.16 | 11.21 | -31.06 | -18.85 | 7.9 | 5.47 | -3.54 | 7.86 | -3.79 | -14.66 | 0 | 0 | 0 | 0 | 0 | 0 | 9.91 | 0.0 | 0.0 | 15.71 | 0.0 | 0.0 | 5.74 | 0.0 | 0.0 | 53.01 | -5.61 | 1.42 | 74.46 | -4.06 | 1.0 | 22.08 | 26.82 | -30.61 | 75.09 | 2.07 | -10.7 | 0.00 | -1.41 | 16.17 |
| 22Q4 (13) | 20.2 | 5.43 | 33.77 | 1.61 | 4.55 | -37.11 | 0 | 0 | 0 | 0 | 0 | 0 | 6.15 | -17.89 | -0.16 | 0.12 | -97.62 | 50.0 | 4.34 | -7.66 | 2.84 | 16.26 | -7.62 | -8.33 | 7.49 | 1.63 | -0.93 | 8.17 | -4.56 | -16.21 | 0 | 0 | 0 | 0 | 0 | 0 | 9.91 | 0.0 | 0.0 | 15.71 | 0.0 | 0.0 | 5.74 | 0.0 | 0.0 | 56.16 | 0.38 | 4.12 | 77.61 | 0.27 | 2.94 | 17.41 | 14.16 | -40.29 | 73.57 | 3.33 | -11.47 | 0.00 | -5.48 | 21.3 |
| 22Q3 (12) | 19.16 | 17.26 | 39.65 | 1.54 | -0.65 | -7.78 | 0 | 0 | 0 | 0 | 0 | 0 | 7.49 | 8.39 | 9.82 | 5.05 | 354.95 | 115.81 | 4.7 | 7.55 | 35.45 | 17.60 | 4.85 | 20.03 | 7.37 | -4.16 | 7.59 | 8.56 | -2.73 | -6.75 | 0 | 0 | 0 | 0 | 0 | 0 | 9.91 | 0.0 | 0.0 | 15.71 | 0.0 | 0.0 | 5.74 | 0.0 | 0.0 | 55.95 | 4.81 | 3.8 | 77.4 | 3.45 | 2.73 | 15.25 | -34.41 | -48.51 | 71.2 | -7.09 | -14.75 | 0.00 | 16.78 | 33.93 |
| 22Q2 (11) | 16.34 | 20.95 | -35.95 | 1.55 | -16.22 | -9.36 | 0 | 0 | 0 | 0 | 0 | 0 | 6.91 | 12.54 | 27.49 | 1.11 | 38.75 | 141.42 | 4.37 | 28.91 | 30.84 | 16.79 | 21.53 | 16.21 | 7.69 | -6.11 | 11.94 | 8.8 | -4.45 | -9.65 | 0 | 0 | 0 | 0 | 0 | 0 | 9.91 | 0.0 | -28.5 | 15.71 | 0.0 | 0.0 | 5.74 | 0.0 | 0.0 | 53.38 | 2.12 | -1.75 | 74.82 | 1.49 | -1.27 | 23.25 | -26.93 | -19.77 | 76.63 | -8.87 | -8.02 | 0.00 | 6.74 | 22.86 |
| 22Q1 (10) | 13.51 | -10.53 | -64.3 | 1.85 | -27.73 | -6.57 | 0 | 0 | -100.0 | 0 | 0 | 0 | 6.14 | -0.32 | 13.91 | 0.8 | 900.0 | 150.0 | 3.39 | -19.67 | 16.1 | 13.81 | -22.12 | 6.49 | 8.19 | 8.33 | 34.26 | 9.21 | -5.54 | -2.02 | 0 | 0 | 0 | 0 | 0 | 0 | 9.91 | 0.0 | -28.5 | 15.71 | 0.0 | 88.37 | 5.74 | 0.0 | 0.0 | 52.27 | -3.1 | -18.71 | 73.72 | -2.22 | -5.93 | 31.82 | 9.12 | 16.81 | 84.09 | 1.19 | -8.14 | 0.00 | 2.95 | 11.29 |
| 21Q4 (9) | 15.1 | 10.06 | -62.13 | 2.56 | 53.29 | 19.63 | 0 | 0 | -100.0 | 0 | 0 | 0 | 6.16 | -9.68 | 2.16 | 0.08 | -96.58 | -81.82 | 4.22 | 21.61 | 1.44 | 17.74 | 20.95 | -4.74 | 7.56 | 10.36 | 24.55 | 9.75 | 6.21 | 6.21 | 0 | 0 | 0 | 0 | 0 | 0 | 9.91 | 0.0 | -28.5 | 15.71 | 0.0 | 88.37 | 5.74 | 0.0 | 0.0 | 53.94 | 0.07 | -22.31 | 75.39 | 0.07 | -9.71 | 29.16 | -1.55 | 22.06 | 83.1 | -0.5 | -10.95 | 0.00 | 4.37 | 9.7 |
| 21Q3 (8) | 13.72 | -46.22 | -73.9 | 1.67 | -2.34 | -24.43 | 0 | 0 | -100.0 | 0 | 0 | 0 | 6.82 | 25.83 | 8.6 | 2.34 | 187.31 | 56.0 | 3.47 | 3.89 | 25.27 | 14.67 | 1.52 | 16.16 | 6.85 | -0.29 | 2.09 | 9.18 | -5.75 | 2.46 | 0 | 0 | 0 | 0 | 0 | 0 | 9.91 | -28.5 | -28.5 | 15.71 | 0.0 | 88.37 | 5.74 | 0.0 | 0.0 | 53.9 | -0.79 | -27.67 | 75.34 | -0.58 | -14.96 | 29.62 | 2.21 | 63.74 | 83.52 | 0.25 | -9.82 | 0.00 | 7.13 | 13.38 |
| 21Q2 (7) | 25.51 | -32.58 | -59.19 | 1.71 | -13.64 | -22.27 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 5.42 | 0.56 | 12.68 | -2.68 | -937.5 | -105.13 | 3.34 | 14.38 | -4.3 | 14.45 | 11.37 | 0 | 6.87 | 12.62 | 3.15 | 9.74 | 3.62 | 10.31 | 0 | 0 | 0 | 0 | 0 | 0 | 13.86 | 0.0 | -30.0 | 15.71 | 88.37 | 0 | 5.74 | 0.0 | 0 | 54.33 | -15.51 | 0 | 75.78 | -3.3 | -12.99 | 28.98 | 6.39 | 42.41 | 83.31 | -8.99 | 309.39 | 0.00 | -3.31 | 16.56 |
| 21Q1 (6) | 37.84 | -5.09 | 490.33 | 1.98 | -7.48 | -23.85 | 0.01 | -50.0 | -75.0 | 0 | 0 | 0 | 5.39 | -10.61 | 3.26 | 0.32 | -27.27 | 255.56 | 2.92 | -29.81 | 1.04 | 12.97 | -30.34 | 0 | 6.1 | 0.49 | -2.87 | 9.4 | 2.4 | 19.59 | 0 | 0 | -100.0 | 0 | 0 | 0 | 13.86 | 0.0 | -30.0 | 8.34 | 0.0 | 0 | 5.74 | 0.0 | 0 | 64.3 | -7.39 | 0 | 78.37 | -6.14 | 86.33 | 27.24 | 14.02 | 75.4 | 91.54 | -1.91 | 489.44 | 0.00 | 1.47 | -26.8 |
| 20Q4 (5) | 39.87 | -24.16 | 513.38 | 2.14 | -3.17 | -29.61 | 0.02 | -33.33 | -50.0 | 0 | 0 | 0 | 6.03 | -3.98 | 7.1 | 0.44 | -70.67 | 180.0 | 4.16 | 50.18 | 14.92 | 18.62 | 47.49 | 0 | 6.07 | -9.54 | -3.5 | 9.18 | 2.46 | 13.33 | 0 | 0 | -100.0 | 0 | 0 | 0 | 13.86 | 0.0 | -30.0 | 8.34 | 0.0 | 9.74 | 5.74 | 0.0 | -77.18 | 69.43 | -6.83 | 653.04 | 83.5 | -5.75 | 98.95 | 23.89 | 32.06 | 8.2 | 93.32 | 0.77 | 198.15 | 0.00 | 7.87 | -21.85 |
| 20Q3 (4) | 52.57 | -15.9 | 0.0 | 2.21 | 0.45 | 0.0 | 0.03 | -25.0 | 0.0 | 0 | 0 | 0.0 | 6.28 | 30.56 | 0.0 | 1.5 | -97.13 | 0.0 | 2.77 | -20.63 | 0.0 | 12.63 | 0 | 0.0 | 6.71 | 0.75 | 0.0 | 8.96 | 1.47 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 13.86 | -30.0 | 0.0 | 8.34 | 0 | 0.0 | 5.74 | 0 | 0.0 | 74.52 | 0 | 0.0 | 88.59 | 1.72 | 0.0 | 18.09 | -11.11 | 0.0 | 92.61 | 355.09 | 0.0 | 0.00 | 10.14 | 0.0 |
