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) | 6.5 | -28.34 | 10.82 | -7.99 | 56.99 | 41.06 | 0 | 0 | 16.28 | -58.68 | 9.46 | 49.92 | 0.07 | 133.33 | 0.43 | 464.7 | 109.81 | 20.46 | 19.3 | 2.44 | 27.04 | 106.25 | 0.13 | 0.0 | 9.97 | 2.78 | 4.73 | 15.37 | 0 | 0 | 19.26 | 24.82 | 23.99 | 22.84 | 0.14 | 27.27 | 19.4 | 24.84 | 0.03 | 0 |
| 2022 (9) | 9.07 | 70.81 | 11.76 | -11.25 | 40.4 | 46.16 | 0 | 0 | 39.4 | 52.77 | 6.31 | 29.84 | 0.03 | 200.0 | 0.08 | 96.37 | 91.16 | -6.27 | 18.84 | -0.26 | 13.11 | -50.23 | 0.13 | 0.0 | 9.7 | 0.94 | 4.1 | 13.26 | 0 | 0 | 15.43 | 13.37 | 19.53 | 13.41 | 0.11 | -15.38 | 15.54 | 13.1 | 0.00 | 0 |
| 2021 (8) | 5.31 | 37.56 | 13.25 | -16.3 | 27.64 | 120.24 | 0 | 0 | 25.79 | 58.03 | 4.86 | 170.0 | 0.01 | -50.0 | 0.04 | -68.36 | 97.26 | 31.15 | 18.89 | -24.89 | 26.34 | -13.87 | 0.13 | 0.0 | 9.61 | 0.52 | 3.62 | 5.23 | 0 | 0 | 13.61 | 25.55 | 17.22 | 20.67 | 0.13 | 18.18 | 13.74 | 25.48 | 0.00 | 0 |
| 2020 (7) | 3.86 | 21.38 | 15.83 | 427.67 | 12.55 | 149.01 | 0 | 0 | 16.32 | -21.35 | 1.8 | -23.4 | 0.02 | -60.0 | 0.12 | -49.14 | 74.16 | 32.22 | 25.15 | 0.6 | 30.58 | -5.62 | 0.13 | 0.0 | 9.56 | 0.0 | 3.44 | 7.5 | 0 | 0 | 10.84 | 20.71 | 14.27 | -4.03 | 0.11 | 22.22 | 10.95 | 20.73 | 0.00 | 0 |
| 2019 (6) | 3.18 | -48.63 | 3.0 | -6.25 | 5.04 | -63.92 | 0 | 0 | 20.75 | -20.83 | 2.35 | -34.17 | 0.05 | 25.0 | 0.24 | 57.89 | 56.09 | 35.48 | 25.0 | -3.99 | 32.4 | 22.96 | 0.13 | 0.0 | 9.56 | 19.95 | 3.2 | 12.68 | 2.69 | 0.0 | 8.98 | -11.79 | 14.87 | -5.35 | 0.09 | 28.57 | 9.07 | -11.51 | 0.00 | 0 |
| 2018 (5) | 6.19 | 74.37 | 3.2 | -50.08 | 13.97 | -30.36 | 0 | 0 | 26.21 | 17.64 | 3.57 | 49.37 | 0.04 | 100.0 | 0.15 | 70.01 | 41.4 | -29.82 | 26.04 | 323.41 | 26.35 | 87.68 | 0.13 | 0.0 | 7.97 | 5.01 | 2.84 | 8.81 | 2.69 | 0.0 | 10.18 | 11.62 | 15.71 | 9.02 | 0.07 | 40.0 | 10.25 | 11.78 | 0.00 | 0 |
| 2017 (4) | 3.55 | -27.7 | 6.41 | -38.84 | 20.06 | 219.94 | 0 | 0 | 22.28 | 70.47 | 2.39 | 455.81 | 0.02 | 0.0 | 0.09 | -41.34 | 58.99 | 10.26 | 6.15 | -0.81 | 14.04 | 7.59 | 0.13 | 0.0 | 7.59 | 0.0 | 2.61 | 1.95 | 2.69 | 0.0 | 9.12 | 21.12 | 14.41 | 12.75 | 0.05 | 0 | 9.17 | 21.78 | 0.00 | 0 |
| 2016 (3) | 4.91 | 78.55 | 10.48 | -63.33 | 6.27 | -31.02 | 0 | 0 | 13.07 | 385.87 | 0.43 | 0 | 0.02 | -33.33 | 0.15 | -86.28 | 53.5 | -7.1 | 6.2 | 96.83 | 13.05 | 394.32 | 0.13 | -7.14 | 7.59 | 10.0 | 2.56 | 0.0 | 2.69 | 0.0 | 7.53 | -3.34 | 12.78 | -1.99 | 0 | 0 | 7.53 | -3.34 | 0.00 | 0 |
| 2015 (2) | 2.75 | 10.89 | 28.58 | -8.72 | 9.09 | 0 | 0 | 0 | 2.69 | -82.99 | -0.38 | 0 | 0.03 | 0.0 | 1.12 | 487.73 | 57.59 | 10.69 | 3.15 | -0.63 | 2.64 | 0 | 0.14 | 1300.0 | 6.9 | 15.0 | 2.56 | 14.29 | 2.69 | -44.07 | 7.79 | -4.65 | 13.04 | -14.32 | 0 | 0 | 7.79 | -4.65 | 0.00 | 0 |
| 2014 (1) | 2.48 | 68.71 | 31.31 | 22.07 | 0 | 0 | 0 | 0 | 15.81 | 1600.0 | 3.21 | 0 | 0.03 | 50.0 | 0.19 | -91.18 | 52.03 | 28.12 | 3.17 | 0.32 | 0 | 0 | 0.01 | 0.0 | 6.0 | 0.0 | 2.24 | 0.0 | 4.81 | 311.11 | 8.17 | -5.0 | 15.22 | 26.73 | 0 | 0 | 8.17 | -5.0 | 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) | 20.09 | 181.77 | 234.83 | 10.71 | -25.68 | -35.05 | 36.49 | 8.96 | -14.32 | 0 | 0 | 0 | 40.83 | 101.93 | 1972.59 | 14.76 | 129.19 | 5576.92 | 0.1 | 42.86 | 25.0 | 0.13 | -31.6 | -83.34 | 136.18 | 0.9 | 32.74 | 19.4 | -0.21 | 0.83 | 50.18 | 18.35 | 26.65 | 0.13 | 0.0 | 0.0 | 12.56 | 9.79 | 28.16 | 5.68 | 0.0 | 20.08 | 0 | 0 | 0 | 32.16 | 84.93 | 237.46 | 37.84 | 64.02 | 165.17 | 0.16 | 6.67 | 14.29 | 32.32 | 84.26 | 234.23 | 0.03 | 11.5 | -22.26 |
| 24Q2 (19) | 7.13 | 1.42 | 4.09 | 14.41 | -13.87 | 46.59 | 33.49 | -40.4 | -15.73 | 0 | 0 | 0 | 20.22 | 10010.0 | 2525.97 | 6.44 | 1888.89 | 5053.85 | 0.07 | 40.0 | -84.44 | 0.20 | -36.27 | -85.81 | 134.96 | 9.46 | 36.28 | 19.44 | -0.21 | 0.99 | 42.4 | 35.16 | 124.93 | 0.13 | 0.0 | 0.0 | 11.44 | 12.38 | 17.57 | 5.68 | 20.08 | 20.08 | 0 | 0 | 0 | 17.39 | 34.81 | 87.39 | 23.07 | 30.86 | 64.67 | 0.15 | 0.0 | 25.0 | 17.54 | 34.41 | 86.6 | 0.03 | -18.49 | 65.02 |
| 24Q1 (18) | 7.03 | 8.15 | 40.04 | 16.73 | 54.62 | 93.63 | 56.19 | -1.4 | 44.26 | 0 | 0 | 0 | 0.2 | -98.5 | -13.04 | -0.36 | -103.7 | 7.69 | 0.05 | -28.57 | 150.0 | 0.31 | -28.44 | 508.77 | 123.3 | 12.28 | 30.13 | 19.48 | 0.93 | 2.91 | 31.37 | 16.01 | 93.05 | 0.13 | 0.0 | 0.0 | 10.18 | 2.11 | 4.73 | 4.73 | 0.0 | 15.37 | 0 | 0 | 0 | 12.9 | -33.02 | 28.49 | 17.63 | -26.51 | 24.68 | 0.15 | 7.14 | 25.0 | 13.05 | -32.73 | 28.44 | 0.03 | 14.9 | 99.1 |
| 23Q4 (17) | 6.5 | 8.33 | -28.34 | 10.82 | -34.38 | -7.99 | 56.99 | 33.81 | 41.06 | 0 | 0 | 0 | 13.31 | 575.63 | 90.96 | 9.72 | 3638.46 | 945.16 | 0.07 | -12.5 | 133.33 | 0.43 | -46.58 | 464.56 | 109.81 | 7.04 | 20.46 | 19.3 | 0.31 | 2.44 | 27.04 | -31.75 | 106.25 | 0.13 | 0.0 | 0.0 | 9.97 | 1.73 | 2.78 | 4.73 | 0.0 | 15.37 | 0 | 0 | 0 | 19.26 | 102.1 | 24.82 | 23.99 | 68.11 | 22.84 | 0.14 | 0.0 | 27.27 | 19.4 | 100.62 | 24.84 | 0.03 | -25.56 | 0 |
| 23Q3 (16) | 6.0 | -12.41 | -9.91 | 16.49 | 67.75 | 55.42 | 42.59 | 7.17 | 5.19 | 0 | 0 | 0 | 1.97 | 155.84 | -91.99 | 0.26 | 300.0 | -94.67 | 0.08 | -82.22 | 166.67 | 0.80 | -41.77 | 811.6 | 102.59 | 3.59 | 14.31 | 19.24 | -0.05 | 2.45 | 39.62 | 110.19 | 202.44 | 0.13 | 0.0 | 0.0 | 9.8 | 0.72 | 1.45 | 4.73 | 0.0 | 15.37 | 0 | 0 | 0 | 9.53 | 2.69 | -34.28 | 14.27 | 1.86 | -23.28 | 0.14 | 16.67 | 27.27 | 9.67 | 2.87 | -33.81 | 0.04 | 136.7 | 0 |
| 23Q2 (15) | 6.85 | 36.45 | -14.37 | 9.83 | 13.77 | -22.54 | 39.74 | 2.03 | -7.8 | 0 | 0 | 0 | 0.77 | 234.78 | -90.1 | -0.13 | 66.67 | -113.4 | 0.45 | 2150.0 | 1400.0 | 1.38 | 2634.41 | 601.17 | 99.03 | 4.52 | -2.5 | 19.25 | 1.69 | 2.28 | 18.85 | 16.0 | 21.69 | 0.13 | 0.0 | 0.0 | 9.73 | 0.1 | 1.04 | 4.73 | 15.37 | 15.37 | 0 | 0 | 0 | 9.28 | -7.57 | -3.53 | 14.01 | -0.92 | 2.11 | 0.12 | 0.0 | 0.0 | 9.4 | -7.48 | -3.49 | 0.02 | -1.66 | 0 |
| 23Q1 (14) | 5.02 | -44.65 | 20.96 | 8.64 | -26.53 | -25.32 | 38.95 | -3.59 | -10.99 | 0 | 0 | 0 | 0.23 | -96.7 | 360.0 | -0.39 | -141.94 | 17.02 | 0.02 | -33.33 | 0 | 0.05 | -33.64 | 0 | 94.75 | 3.94 | -6.92 | 18.93 | 0.48 | 0.42 | 16.25 | 23.95 | 4.91 | 0.13 | 0.0 | 0.0 | 9.72 | 0.21 | 1.04 | 4.1 | 0.0 | 13.26 | 0 | 0 | 0 | 10.04 | -34.93 | -23.59 | 14.14 | -27.6 | -15.58 | 0.12 | 9.09 | 0.0 | 10.16 | -34.62 | -23.38 | 0.02 | 0 | 0 |
| 22Q4 (13) | 9.07 | 36.19 | 70.81 | 11.76 | 10.84 | -11.25 | 40.4 | -0.22 | 46.16 | 0 | 0 | 0 | 6.97 | -71.66 | 346.79 | 0.93 | -80.94 | 420.69 | 0.03 | 0.0 | 200.0 | 0.08 | -13.73 | 96.42 | 91.16 | 1.57 | -6.27 | 18.84 | 0.32 | -0.26 | 13.11 | 0.08 | -50.23 | 0.13 | 0.0 | 0.0 | 9.7 | 0.41 | 0.94 | 4.1 | 0.0 | 13.26 | 0 | 0 | 0 | 15.43 | 6.41 | 13.37 | 19.53 | 5.0 | 13.41 | 0.11 | 0.0 | -15.38 | 15.54 | 6.37 | 13.1 | 0.00 | 0 | 0 |
| 22Q3 (12) | 6.66 | -16.75 | 39.33 | 10.61 | -16.39 | -21.7 | 40.49 | -6.06 | 45.91 | 0 | 0 | 0 | 24.59 | 216.07 | 321.78 | 4.88 | 403.09 | 460.92 | 0.03 | 0.0 | 0 | 0.09 | -55.21 | 0 | 89.75 | -11.64 | -2.99 | 18.78 | -0.21 | -0.79 | 13.1 | -15.43 | -50.27 | 0.13 | 0.0 | 0.0 | 9.66 | 0.31 | 0.94 | 4.1 | 0.0 | 13.26 | 0 | 0 | 0 | 14.5 | 50.73 | 4.32 | 18.6 | 35.57 | 6.23 | 0.11 | -8.33 | -15.38 | 14.61 | 50.0 | 4.13 | 0.00 | 0 | 0 |
| 22Q2 (11) | 8.0 | 92.77 | 97.53 | 12.69 | 9.68 | 63.95 | 43.1 | -1.51 | 44.63 | 0 | 0 | 0 | 7.78 | 15460.0 | -45.25 | 0.97 | 306.38 | -71.88 | 0.03 | 0 | 0 | 0.20 | 0 | 0 | 101.57 | -0.22 | 24.29 | 18.82 | -0.16 | -0.79 | 15.49 | 0.0 | -33.69 | 0.13 | 0.0 | 0.0 | 9.63 | 0.1 | 0.73 | 4.1 | 13.26 | 19.19 | 0 | 0 | 0 | 9.62 | -26.79 | -36.38 | 13.72 | -18.09 | -26.04 | 0.12 | 0.0 | 9.09 | 9.74 | -26.55 | -36.05 | 0.00 | 0 | 0 |
| 22Q1 (10) | 4.15 | -21.85 | -34.13 | 11.57 | -12.68 | -15.79 | 43.76 | 58.32 | 117.93 | 0 | 0 | 0 | 0.05 | -96.79 | -98.81 | -0.47 | -62.07 | -156.63 | 0 | -100.0 | 0 | 0.00 | -100.0 | 0 | 101.79 | 4.66 | 33.85 | 18.85 | -0.21 | -24.93 | 15.49 | -41.19 | -32.86 | 0.13 | 0.0 | 0.0 | 9.62 | 0.1 | 0.63 | 3.62 | 0.0 | 5.23 | 0 | 0 | 0 | 13.14 | -3.45 | 12.6 | 16.75 | -2.73 | 10.85 | 0.12 | -7.69 | 9.09 | 13.26 | -3.49 | 12.56 | 0.00 | 0 | 0 |
| 21Q4 (9) | 5.31 | 11.09 | 37.56 | 13.25 | -2.21 | -16.3 | 27.64 | -0.4 | 120.24 | 0 | 0 | 0 | 1.56 | -73.24 | 35.65 | -0.29 | -133.33 | 45.28 | 0.01 | 0 | -50.0 | 0.04 | 0 | -68.36 | 97.26 | 5.12 | 31.15 | 18.89 | -0.21 | -24.89 | 26.34 | 0.0 | -13.87 | 0.13 | 0.0 | 0.0 | 9.61 | 0.42 | 0.52 | 3.62 | 0.0 | 5.23 | 0 | 0 | 0 | 13.61 | -2.09 | 25.55 | 17.22 | -1.66 | 20.67 | 0.13 | 0.0 | 18.18 | 13.74 | -2.07 | 25.48 | 0.00 | 0 | 0 |
| 21Q3 (8) | 4.78 | 18.02 | 7.9 | 13.55 | 75.06 | 5.78 | 27.75 | -6.88 | 38.75 | 0 | 0 | 0 | 5.83 | -58.97 | -31.09 | 0.87 | -74.78 | -49.42 | 0 | 0 | 0 | 0.00 | 0 | 0 | 92.52 | 13.22 | 31.48 | 18.93 | -0.21 | -24.85 | 26.34 | 12.76 | 10.91 | 0.13 | 0.0 | 0.0 | 9.57 | 0.1 | 0.1 | 3.62 | 5.23 | 5.23 | 0 | 0 | 0 | 13.9 | -8.07 | 22.36 | 17.51 | -5.61 | 18.31 | 0.13 | 18.18 | 18.18 | 14.03 | -7.88 | 22.32 | 0.00 | 0 | 0 |
| 21Q2 (7) | 4.05 | -35.71 | 14.73 | 7.74 | -43.67 | -45.95 | 29.8 | 48.41 | 73.86 | 0 | 0 | 0 | 14.21 | 239.14 | 407.5 | 3.45 | 315.66 | 1400.0 | 0 | 0 | -100.0 | 0.00 | 0 | 0 | 81.72 | 7.46 | 12.42 | 18.97 | -24.45 | -24.66 | 23.36 | 1.26 | 0.69 | 0.13 | 0.0 | 0.0 | 9.56 | 0.0 | 0.0 | 3.44 | 0.0 | 0.0 | 0 | 0 | 0 | 15.12 | 29.56 | 56.68 | 18.55 | 22.77 | 41.82 | 0.11 | 0.0 | 22.22 | 15.23 | 29.29 | 56.37 | 0.00 | 0 | 0 |
| 21Q1 (6) | 6.3 | 63.21 | 68.45 | 13.74 | -13.2 | 129.77 | 20.08 | 60.0 | 59.11 | 0 | 0 | 0 | 4.19 | 264.35 | 7.16 | 0.83 | 256.6 | 118.42 | 0 | -100.0 | -100.0 | 0.00 | -100.0 | 0 | 76.05 | 2.55 | 9.69 | 25.11 | -0.16 | 34.85 | 23.07 | -24.56 | -13.53 | 0.13 | 0.0 | 0.0 | 9.56 | 0.0 | 0.0 | 3.44 | 0.0 | 7.5 | 0 | 0 | -100.0 | 11.67 | 7.66 | 24.68 | 15.11 | 5.89 | -0.85 | 0.11 | 0.0 | 22.22 | 11.78 | 7.58 | 24.66 | 0.00 | 0 | 0 |
| 20Q4 (5) | 3.86 | -12.87 | 21.38 | 15.83 | 23.58 | 427.67 | 12.55 | -37.25 | 149.01 | 0 | 0 | 0 | 1.15 | -86.41 | -91.48 | -0.53 | -130.81 | -125.6 | 0.02 | 0 | -60.0 | 0.12 | 0 | 0 | 74.16 | 5.39 | 32.22 | 25.15 | -0.16 | 0.6 | 30.58 | 28.76 | -5.62 | 0.13 | 0.0 | 0.0 | 9.56 | 0.0 | 0.0 | 3.44 | 0.0 | 7.5 | 0 | 0 | -100.0 | 10.84 | -4.58 | 20.71 | 14.27 | -3.58 | -4.03 | 0.11 | 0.0 | 22.22 | 10.95 | -4.53 | 20.73 | 0.00 | 0 | 0 |
| 20Q3 (4) | 4.43 | 25.5 | 0.0 | 12.81 | -10.54 | 0.0 | 20.0 | 16.69 | 0.0 | 0 | 0 | 0.0 | 8.46 | 202.14 | 0.0 | 1.72 | 647.83 | 0.0 | 0 | -100.0 | 0.0 | 0.00 | 0 | 0.0 | 70.37 | -3.19 | 0.0 | 25.19 | 0.04 | 0.0 | 23.75 | 2.37 | 0.0 | 0.13 | 0.0 | 0.0 | 9.56 | 0.0 | 0.0 | 3.44 | 0.0 | 0.0 | 0 | 0 | 0.0 | 11.36 | 17.72 | 0.0 | 14.8 | 13.15 | 0.0 | 0.11 | 22.22 | 0.0 | 11.47 | 17.76 | 0.0 | 0.00 | 0 | 0.0 |
