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) | 16.11 | 81.01 | 30.46 | -0.78 | 0 | 0 | 0 | 0 | 33.83 | 1.02 | 6.49 | -68.66 | 4.38 | 25.5 | 12.95 | 24.24 | 10.07 | -4.82 | 69.7 | 20.26 | 4.03 | 153.46 | 0.05 | 66.67 | 30.0 | 0.0 | 7.49 | 38.19 | 10.06 | -0.1 | 28.64 | 3.1 | 46.19 | 6.75 | 55.27 | 25.07 | 83.91 | 16.59 | 0.00 | 0 |
| 2022 (9) | 8.9 | -36.88 | 30.7 | 23.79 | 0 | 0 | 0 | 0 | 33.49 | 21.83 | 20.71 | 359.2 | 3.49 | -18.84 | 10.42 | -33.38 | 10.58 | 35.82 | 57.96 | 1.17 | 1.59 | 0 | 0.03 | 50.0 | 30.0 | 0.0 | 5.42 | 8.84 | 10.07 | 0.0 | 27.78 | 162.32 | 43.27 | 68.83 | 44.19 | -0.74 | 71.97 | 30.59 | 0.00 | 0 |
| 2021 (8) | 14.1 | 136.97 | 24.8 | 23.75 | 0 | 0 | 0 | 0 | 27.49 | 27.92 | 4.51 | 23.56 | 4.3 | 31.1 | 15.64 | 2.48 | 7.79 | 72.35 | 57.29 | -1.05 | 0 | 0 | 0.02 | 0.0 | 30.0 | 0.0 | 4.98 | 8.26 | 10.07 | 0.0 | 10.59 | 11.24 | 25.63 | 6.0 | 44.52 | 21.18 | 55.11 | 19.13 | 0.00 | 0 |
| 2020 (7) | 5.95 | 11.21 | 20.04 | -0.15 | 1.9 | 0 | 0 | 0 | 21.49 | 3.12 | 3.65 | -5.68 | 3.28 | 56.94 | 15.26 | 52.19 | 4.52 | -7.38 | 57.9 | -0.03 | 0 | 0 | 0.02 | -33.33 | 30.0 | 0.0 | 4.6 | 9.26 | 10.07 | 0.0 | 9.52 | 4.39 | 24.18 | 3.33 | 36.74 | 9.02 | 46.26 | 8.03 | 0.00 | 0 |
| 2019 (6) | 5.35 | 4.9 | 20.07 | -1.28 | 0 | 0 | 0 | 0 | 20.84 | 29.76 | 3.87 | 36.75 | 2.09 | 14.21 | 10.03 | -11.99 | 4.88 | 15.91 | 57.92 | 4.14 | 1.9 | 0 | 0.03 | 200.0 | 30.0 | 0.0 | 4.21 | 7.12 | 10.07 | 0.0 | 9.12 | 13.01 | 23.4 | 6.07 | 33.7 | 6.21 | 42.82 | 7.59 | 0.00 | -21.62 |
| 2018 (5) | 5.1 | -74.47 | 20.33 | -16.16 | 0 | 0 | 0 | 0 | 16.06 | 7.93 | 2.83 | -77.21 | 1.83 | -16.44 | 11.39 | -22.58 | 4.21 | 0.96 | 55.62 | 0.23 | 0 | 0 | 0.01 | -66.67 | 30.0 | 0.0 | 3.93 | 46.1 | 10.07 | 0.0 | 8.07 | -54.1 | 22.06 | -27.27 | 31.73 | -0.19 | 39.8 | -19.38 | 0.01 | 0.56 |
| 2017 (4) | 19.98 | 179.05 | 24.25 | -5.97 | 0 | 0 | 0 | 0 | 14.88 | 11.04 | 12.42 | 691.08 | 2.19 | 21.67 | 14.72 | 9.57 | 4.17 | 5.3 | 55.49 | -2.63 | 0 | 0 | 0.03 | 0.0 | 30.0 | 0.0 | 2.69 | 6.32 | 10.07 | 0.0 | 17.58 | 163.96 | 30.33 | 57.56 | 31.79 | 9.89 | 49.37 | 38.72 | 0.01 | -29.89 |
| 2016 (3) | 7.16 | 39.3 | 25.79 | 17.98 | 0 | 0 | 0 | 0 | 13.4 | 20.4 | 1.57 | 35.34 | 1.8 | 25.87 | 13.43 | 4.55 | 3.96 | 22.22 | 56.99 | 4.05 | 0 | 0 | 0.03 | -40.0 | 30.0 | 0.0 | 2.53 | 4.98 | 10.07 | 0.0 | 6.66 | 5.88 | 19.25 | 2.56 | 28.93 | 24.11 | 35.59 | 20.24 | 0.01 | -16.47 |
| 2015 (2) | 5.14 | 99.22 | 21.86 | 19.45 | 0 | 0 | 0 | 0 | 11.13 | -5.36 | 1.16 | 11.54 | 1.43 | -5.3 | 12.85 | 0.06 | 3.24 | 15.71 | 54.77 | -0.81 | 0 | 0 | 0.05 | -28.57 | 30.0 | 0.0 | 2.41 | 4.33 | 10.07 | 0.0 | 6.29 | 1.62 | 18.77 | 1.13 | 23.31 | -5.82 | 29.6 | -4.33 | 0.01 | 0 |
| 2014 (1) | 2.58 | 43.33 | 18.3 | 8.28 | 0 | 0 | 0 | 0 | 11.76 | 16.9 | 1.04 | -36.59 | 1.51 | 33.63 | 12.84 | 14.31 | 2.8 | 23.35 | 55.22 | 10.2 | 0 | 0 | 0.07 | 0.0 | 30.0 | 0.0 | 2.31 | 7.94 | 10.07 | -3.08 | 6.19 | -2.37 | 18.56 | -1.69 | 24.75 | 2.44 | 30.94 | 1.44 | 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) | 8.39 | -19.4 | -37.11 | 27.14 | -0.07 | -6.61 | 0.03 | 0.0 | 0 | 0 | 0 | 0 | 11.36 | 27.93 | 39.05 | 2.4 | 12.68 | -17.24 | 5.48 | 29.86 | 33.99 | 13.91 | 19.34 | 11.64 | 11.9 | 2.5 | 4.94 | 71.88 | 0.53 | 5.2 | 8.41 | 52.63 | 154.08 | 0.13 | -13.33 | 225.0 | 30.0 | 0.0 | 0.0 | 8.23 | 0.0 | 9.88 | 10.06 | 0.0 | -0.1 | 29.73 | 8.78 | 7.6 | 48.02 | 5.26 | 6.26 | 69.76 | -2.54 | 41.59 | 99.49 | 0.59 | 29.38 | 0.00 | 0 | 0 |
| 24Q2 (19) | 10.41 | -4.93 | -17.84 | 27.16 | 22.01 | -3.03 | 0.03 | 0 | 0 | 0 | 0 | 0 | 8.88 | 3.02 | 30.01 | 2.13 | 136.67 | 26.79 | 4.22 | -1.4 | 37.91 | 11.65 | -6.98 | 29.42 | 11.61 | 17.87 | 0.17 | 71.5 | 1.52 | 14.99 | 5.51 | 19.52 | 136.48 | 0.15 | 150.0 | 400.0 | 30.0 | 0.0 | 0.0 | 8.23 | 9.88 | 9.88 | 10.06 | 0.0 | -0.1 | 27.33 | 5.36 | 14.74 | 45.62 | 4.9 | 10.27 | 71.58 | 11.48 | 51.62 | 98.91 | 9.72 | 39.25 | 0.00 | 0 | 0 |
| 24Q1 (18) | 10.95 | -32.03 | -14.45 | 22.26 | -26.92 | -18.76 | 0 | 0 | 0 | 0 | 0 | 0 | 8.62 | -18.22 | 3.98 | 0.9 | -10.89 | 0.0 | 4.28 | -2.28 | 22.99 | 12.53 | -3.23 | 23.46 | 9.85 | -2.18 | -7.77 | 70.43 | 1.05 | 15.59 | 4.61 | 14.39 | 177.71 | 0.06 | 20.0 | 100.0 | 30.0 | 0.0 | 0.0 | 7.49 | 0.0 | 38.19 | 10.06 | 0.0 | -0.1 | 25.94 | -9.43 | -9.59 | 43.49 | -5.85 | -1.54 | 64.21 | 16.18 | 41.18 | 90.15 | 7.44 | 21.55 | 0.00 | 0 | 0 |
| 23Q4 (17) | 16.11 | 20.76 | 81.01 | 30.46 | 4.82 | -0.78 | 0 | 0 | 0 | 0 | 0 | 0 | 10.54 | 29.01 | 10.48 | 1.01 | -65.17 | 2.02 | 4.38 | 7.09 | 25.5 | 12.95 | 3.92 | 24.24 | 10.07 | -11.2 | -4.82 | 69.7 | 2.0 | 20.26 | 4.03 | 21.75 | 153.46 | 0.05 | 25.0 | 66.67 | 30.0 | 0.0 | 0.0 | 7.49 | 0.0 | 38.19 | 10.06 | -0.1 | -0.1 | 28.64 | 3.66 | 3.1 | 46.19 | 2.21 | 6.75 | 55.27 | 12.18 | 25.07 | 83.91 | 9.12 | 16.59 | 0.00 | 0 | 0 |
| 23Q3 (16) | 13.34 | 5.29 | 57.87 | 29.06 | 3.75 | 1.96 | 0 | 0 | 0 | 0 | 0 | 0 | 8.17 | 19.62 | -12.34 | 2.9 | 72.62 | 9.85 | 4.09 | 33.66 | -2.85 | 12.46 | 38.34 | -1.99 | 11.34 | -2.16 | 10.53 | 68.33 | 9.89 | 18.32 | 3.31 | 42.06 | 166.94 | 0.04 | 33.33 | 0.0 | 30.0 | 0.0 | 0.0 | 7.49 | 0.0 | 38.19 | 10.07 | 0.0 | 0.0 | 27.63 | 15.99 | 3.33 | 45.19 | 9.23 | 7.01 | 49.27 | 4.36 | 16.67 | 76.9 | 8.26 | 11.5 | 0.00 | 0 | 0 |
| 23Q2 (15) | 12.67 | -1.02 | 3.6 | 28.01 | 2.23 | 10.71 | 0 | 0 | 0 | 0 | 0 | 0 | 6.83 | -17.61 | -4.34 | 1.68 | 86.67 | -40.43 | 3.06 | -12.07 | -3.16 | 9.01 | -11.27 | -13.71 | 11.59 | 8.52 | 14.07 | 62.18 | 2.05 | 8.52 | 2.33 | 40.36 | 133.0 | 0.03 | 0.0 | 0.0 | 30.0 | 0.0 | 0.0 | 7.49 | 38.19 | 38.19 | 10.07 | 0.0 | 0.0 | 23.82 | -16.97 | -1.16 | 41.37 | -6.34 | 4.5 | 47.21 | 3.8 | 2.12 | 71.03 | -4.23 | 1.0 | 0.00 | 0 | 0 |
| 23Q1 (14) | 12.8 | 43.82 | -1.39 | 27.4 | -10.75 | 18.61 | 0 | 0 | 0 | 0 | 0 | 0 | 8.29 | -13.1 | 10.68 | 0.9 | -9.09 | -93.69 | 3.48 | -0.29 | -15.74 | 10.15 | -2.61 | -27.56 | 10.68 | 0.95 | 28.52 | 60.93 | 5.12 | 6.19 | 1.66 | 4.4 | 0 | 0.03 | 0.0 | 50.0 | 30.0 | 0.0 | 0.0 | 5.42 | 0.0 | 8.84 | 10.07 | 0.0 | 0.0 | 28.69 | 3.28 | 31.3 | 44.17 | 2.08 | 19.73 | 45.48 | 2.92 | -9.42 | 74.17 | 3.06 | 2.93 | 0.00 | 0 | 0 |
| 22Q4 (13) | 8.9 | 5.33 | -36.88 | 30.7 | 7.72 | 23.79 | 0 | 0 | 0 | 0 | 0 | 0 | 9.54 | 2.36 | 4.03 | 0.99 | -62.5 | 94.12 | 3.49 | -17.1 | -18.84 | 10.42 | -18.02 | -33.38 | 10.58 | 3.12 | 35.82 | 57.96 | 0.36 | 1.17 | 1.59 | 28.23 | 0 | 0.03 | -25.0 | 50.0 | 30.0 | 0.0 | 0.0 | 5.42 | 0.0 | 8.84 | 10.07 | 0.0 | 0.0 | 27.78 | 3.89 | 162.32 | 43.27 | 2.46 | 68.83 | 44.19 | 4.64 | -0.74 | 71.97 | 4.35 | 30.59 | 0.00 | 0 | 0 |
| 22Q3 (12) | 8.45 | -30.91 | 26.69 | 28.5 | 12.65 | 9.74 | 0 | 0 | 0 | 0 | 0 | 0 | 9.32 | 30.53 | 43.83 | 2.64 | -6.38 | -13.16 | 4.21 | 33.23 | 9.07 | 12.71 | 21.8 | -17.21 | 10.26 | 0.98 | 29.06 | 57.75 | 0.79 | 0.35 | 1.24 | 24.0 | 0 | 0.04 | 33.33 | 33.33 | 30.0 | 0.0 | 0.0 | 5.42 | 0.0 | 8.84 | 10.07 | 0.0 | 0.0 | 26.74 | 10.95 | 163.71 | 42.23 | 6.67 | 67.71 | 42.23 | -8.65 | -0.78 | 68.97 | -1.93 | 30.87 | 0.00 | 0 | 0 |
| 22Q2 (11) | 12.23 | -5.78 | 121.16 | 25.3 | 9.52 | 20.82 | 0 | 0 | 0 | 0 | 0 | 0 | 7.14 | -4.67 | 12.62 | 2.82 | -80.22 | 840.0 | 3.16 | -23.49 | 8.22 | 10.44 | -25.51 | -16.51 | 10.16 | 22.26 | 71.33 | 57.3 | -0.14 | -1.05 | 1.0 | 0 | 0 | 0.03 | 50.0 | 50.0 | 30.0 | 0.0 | 0.0 | 5.42 | 8.84 | 17.83 | 10.07 | 0.0 | 0.0 | 24.1 | 10.3 | 222.62 | 39.59 | 7.32 | 78.82 | 46.23 | -7.93 | 7.11 | 70.33 | -2.4 | 38.91 | 0.00 | 0 | 0 |
| 22Q1 (10) | 12.98 | -7.94 | 118.89 | 23.1 | -6.85 | 17.02 | 0 | 0 | -100.0 | 0 | 0 | 0 | 7.49 | -18.32 | 36.18 | 14.26 | 2696.08 | 2093.85 | 4.13 | -3.95 | 60.08 | 14.01 | -10.44 | 15.77 | 8.31 | 6.68 | 69.59 | 57.38 | 0.16 | -0.8 | 0 | 0 | 0 | 0.02 | 0.0 | 0.0 | 30.0 | 0.0 | 0.0 | 4.98 | 0.0 | 8.26 | 10.07 | 0.0 | 0.0 | 21.85 | 106.33 | 204.74 | 36.89 | 43.93 | 68.91 | 50.21 | 12.78 | 25.87 | 72.06 | 30.76 | 53.12 | 0.00 | 0 | 0 |
| 21Q4 (9) | 14.1 | 111.39 | 136.97 | 24.8 | -4.51 | 23.75 | 0 | 0 | -100.0 | 0 | 0 | 0 | 9.17 | 41.51 | 34.46 | 0.51 | -83.22 | -41.38 | 4.3 | 11.4 | 31.1 | 15.64 | 1.88 | 2.48 | 7.79 | -2.01 | 72.35 | 57.29 | -0.45 | -1.05 | 0 | 0 | 0 | 0.02 | -33.33 | 0.0 | 30.0 | 0.0 | 0.0 | 4.98 | 0.0 | 8.26 | 10.07 | 0.0 | 0.0 | 10.59 | 4.44 | 11.24 | 25.63 | 1.79 | 6.0 | 44.52 | 4.61 | 21.18 | 55.11 | 4.57 | 19.13 | 0.00 | 0 | 0 |
| 21Q3 (8) | 6.67 | 20.61 | 11.91 | 25.97 | 24.02 | 36.4 | 0 | 0 | -100.0 | 0 | 0 | 0 | 6.48 | 2.21 | 37.87 | 3.04 | 913.33 | 20.63 | 3.86 | 32.19 | 63.56 | 15.35 | 22.83 | 41.37 | 7.95 | 34.06 | 67.72 | 57.55 | -0.62 | -0.81 | 0 | 0 | 0 | 0.03 | 50.0 | 50.0 | 30.0 | 0.0 | 0.0 | 4.98 | 8.26 | 8.26 | 10.07 | 0.0 | 0.0 | 10.14 | 35.74 | 17.63 | 25.18 | 13.73 | 8.16 | 42.56 | -1.39 | 40.55 | 52.7 | 4.09 | 35.48 | 0.00 | 0 | 0 |
| 21Q2 (7) | 5.53 | -6.75 | -10.52 | 20.94 | 6.08 | -6.77 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 6.34 | 15.27 | 47.44 | 0.3 | -53.85 | 172.73 | 2.92 | 13.18 | 37.74 | 12.50 | 3.29 | 0 | 5.93 | 21.02 | 38.23 | 57.91 | 0.12 | -0.36 | 0 | 0 | 0 | 0.02 | 0.0 | 0.0 | 30.0 | 0.0 | 0.0 | 4.6 | 0.0 | 0.0 | 10.07 | 0.0 | 0.0 | 7.47 | 4.18 | 22.46 | 22.14 | 1.37 | 6.65 | 43.16 | 8.2 | 38.73 | 50.63 | 7.59 | 36.07 | 0.00 | 0 | 0 |
| 21Q1 (6) | 5.93 | -0.34 | 24.06 | 19.74 | -1.5 | -22.16 | 1.9 | 0.0 | 0 | 0 | 0 | 0 | 5.5 | -19.35 | -3.0 | 0.65 | -25.29 | 364.29 | 2.58 | -21.34 | -1.9 | 12.10 | -20.71 | 0 | 4.9 | 8.41 | 2.08 | 57.84 | -0.1 | 0.84 | 0 | 0 | 0 | 0.02 | 0.0 | 0.0 | 30.0 | 0.0 | 0.0 | 4.6 | 0.0 | 9.26 | 10.07 | 0.0 | 0.0 | 7.17 | -24.68 | 16.21 | 21.84 | -9.68 | 6.8 | 39.89 | 8.57 | 42.72 | 47.06 | 1.73 | 37.92 | 0.00 | 0 | 0 |
| 20Q4 (5) | 5.95 | -0.17 | 11.21 | 20.04 | 5.25 | -0.15 | 1.9 | 0.0 | 0 | 0 | 0 | 0 | 6.82 | 45.11 | -3.4 | 0.87 | -65.48 | 81.25 | 3.28 | 38.98 | 56.94 | 15.26 | 40.54 | 0 | 4.52 | -4.64 | -7.38 | 57.9 | -0.21 | -0.03 | 0 | 0 | -100.0 | 0.02 | 0.0 | -33.33 | 30.0 | 0.0 | 0.0 | 4.6 | 0.0 | 9.26 | 10.07 | 0.0 | 0.0 | 9.52 | 10.44 | 4.39 | 24.18 | 3.87 | 3.33 | 36.74 | 21.33 | 9.02 | 46.26 | 18.92 | 8.03 | 0.00 | 0 | -100.0 |
| 20Q3 (4) | 5.96 | -3.56 | 0.0 | 19.04 | -15.23 | 0.0 | 1.9 | 0.0 | 0.0 | 0 | 0 | 0.0 | 4.7 | 9.3 | 0.0 | 2.52 | 2190.91 | 0.0 | 2.36 | 11.32 | 0.0 | 10.86 | 0 | 0.0 | 4.74 | 10.49 | 0.0 | 58.02 | -0.17 | 0.0 | 0 | 0 | 0.0 | 0.02 | 0.0 | 0.0 | 30.0 | 0.0 | 0.0 | 4.6 | 0.0 | 0.0 | 10.07 | 0.0 | 0.0 | 8.62 | 41.31 | 0.0 | 23.28 | 12.14 | 0.0 | 30.28 | -2.67 | 0.0 | 38.9 | 4.54 | 0.0 | 0.00 | 0 | 0.0 |
