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) | 13.02 | -18.98 | 0.12 | -92.31 | 0 | 0 | 0 | 0 | 63.59 | -26.87 | -3.63 | 0 | 12.28 | -26.77 | 19.31 | 0.13 | 19.21 | -24.73 | 1.59 | -3.05 | 0 | 0 | 0 | 0 | 20.64 | -0.15 | 23.29 | 0.0 | 5.34 | 237.97 | 20.33 | -33.86 | 48.96 | -11.94 | -5.56 | 0 | 14.77 | -41.85 | 0.00 | 0 |
| 2022 (9) | 16.07 | 3.88 | 1.56 | 132.84 | 0 | 0 | 0 | 0 | 86.95 | 8.52 | 4.26 | 75.31 | 16.77 | -3.62 | 19.29 | -11.19 | 25.52 | 18.48 | 1.64 | -1.2 | 0.6 | -71.43 | 0 | 0 | 20.67 | 4.39 | 23.29 | 2.06 | 1.58 | 0 | 30.74 | 5.93 | 55.6 | 7.25 | -5.34 | 0 | 25.4 | -7.43 | 0.00 | 0 |
| 2021 (8) | 15.47 | 36.42 | 0.67 | -70.35 | 0 | 0 | 0 | 0 | 80.12 | 14.15 | 2.43 | 0 | 17.4 | -7.5 | 21.72 | -18.96 | 21.54 | 3.41 | 1.66 | -7.78 | 2.1 | 110.0 | 0 | 0 | 19.8 | 0.0 | 22.82 | 0.0 | 0 | 0 | 29.02 | 27.22 | 51.84 | 7.15 | -1.58 | 0 | 27.44 | 18.63 | 0.00 | 0 |
| 2020 (7) | 11.34 | 63.17 | 2.26 | -63.37 | 0 | 0 | 0 | 0 | 70.19 | -18.08 | -4.23 | 0 | 18.81 | 19.89 | 26.80 | 46.34 | 20.83 | -15.97 | 1.8 | -18.92 | 1.0 | 0 | 0 | 0 | 19.8 | 0.0 | 22.82 | 0.0 | 2.75 | -14.6 | 22.81 | -7.73 | 48.38 | -4.69 | 0.32 | 0 | 23.13 | 5.28 | 0.00 | 0 |
| 2019 (6) | 6.95 | -55.9 | 6.17 | 55.03 | 0 | 0 | 0 | 0 | 85.68 | -2.64 | -0.7 | 0 | 15.69 | -5.42 | 18.31 | -2.86 | 24.79 | 0.65 | 2.22 | -25.5 | 0 | 0 | 0 | 0 | 19.8 | 0.0 | 22.82 | 0.0 | 3.22 | -22.41 | 24.72 | -14.35 | 50.76 | -9.08 | -2.75 | 0 | 21.97 | -14.31 | 0.00 | 0 |
| 2018 (5) | 15.76 | -43.15 | 3.98 | -66.44 | 1.82 | -50.0 | 0 | 0 | 88.0 | -2.62 | 4.01 | 42.7 | 16.59 | 13.63 | 18.85 | 16.69 | 24.63 | 18.81 | 2.98 | -20.95 | 0 | 0 | 0 | 0 | 19.8 | 0.0 | 22.82 | 0.0 | 4.15 | 171.24 | 28.86 | 1.91 | 55.83 | 5.98 | -3.22 | 0 | 25.64 | 6.08 | 0.00 | 0 |
| 2017 (4) | 27.72 | 31.56 | 11.86 | 505.1 | 3.64 | 0.0 | 0 | 0 | 90.37 | -30.54 | 2.81 | -61.66 | 14.6 | -34.41 | 16.16 | -5.58 | 20.73 | -25.46 | 3.77 | 19.3 | 1.82 | -66.67 | 0 | 0 | 19.8 | -50.5 | 22.82 | 3.3 | 1.53 | 0 | 28.32 | -16.46 | 52.68 | -5.91 | -4.15 | 0 | 24.17 | -25.33 | 0.00 | -97.96 |
| 2016 (3) | 21.07 | 30.46 | 1.96 | -57.58 | 3.64 | 0 | 0 | 0 | 130.1 | 1.6 | 7.33 | 8.59 | 22.26 | -3.39 | 17.11 | -4.91 | 27.81 | -13.07 | 3.16 | -7.87 | 5.46 | -40.0 | 0.1 | -47.37 | 40.0 | 0.0 | 22.09 | 3.18 | 0 | 0 | 33.9 | 2.23 | 55.99 | 2.6 | -1.53 | 0 | 32.37 | -4.93 | 0.01 | -4.64 |
| 2015 (2) | 16.15 | 12.94 | 4.62 | -27.36 | 0 | 0 | 0 | 0 | 128.05 | -3.09 | 6.75 | -3.71 | 23.04 | -0.26 | 17.99 | 2.92 | 31.99 | -2.62 | 3.43 | 6.19 | 9.1 | 0.0 | 0.19 | -32.14 | 40.0 | 0.0 | 21.41 | 3.38 | 0 | 0 | 33.16 | -3.86 | 54.57 | -1.14 | 0.89 | -58.6 | 34.05 | -7.07 | 0.01 | 1.9 |
| 2014 (1) | 14.3 | 25.44 | 6.36 | -57.43 | 0 | 0 | 0 | 0 | 132.13 | -4.79 | 7.01 | -12.05 | 23.1 | 3.45 | 17.48 | 8.65 | 32.85 | -8.27 | 3.23 | -24.0 | 9.1 | 0 | 0.28 | -20.0 | 40.0 | 0.0 | 20.71 | 3.97 | 0 | 0 | 34.49 | 16.13 | 55.2 | -1.85 | 2.15 | -33.02 | 36.64 | 11.33 | 0.01 | -26.75 |
| 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) | 18.73 | 25.79 | 52.4 | 1.26 | 281.82 | -44.0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.32 | 0.0 | 0.0 | 0.86 | 34.38 | 1533.33 | 14.87 | -2.49 | 6.98 | 23.15 | -2.49 | 12.06 | 18.26 | 6.47 | -6.07 | 2.33 | -0.85 | 46.54 | 0 | 0 | 0 | 0 | 0 | 0 | 20.52 | -0.19 | -0.58 | 23.29 | 0.0 | 0.0 | 4.69 | 0.0 | -12.17 | 23.36 | 9.06 | 9.72 | 51.33 | 3.91 | 2.82 | -5.17 | -60.56 | -12.39 | 18.19 | -0.05 | 8.99 | 0.00 | 0 | 0 |
| 24Q2 (19) | 14.89 | -9.65 | 9.89 | 0.33 | -60.71 | -85.07 | 0 | 0 | 0 | 0 | 0 | 0 | 16.32 | -3.15 | -6.74 | 0.64 | 120.69 | 356.0 | 15.25 | 14.92 | 6.27 | 23.75 | 17.03 | 24.21 | 17.15 | -4.62 | -19.93 | 2.35 | -1.67 | 46.88 | 0 | 0 | 0 | 0 | 0 | 0 | 20.56 | -0.29 | -0.44 | 23.29 | 0.0 | 0.0 | 4.69 | -12.17 | -12.17 | 21.42 | 3.88 | 1.37 | 49.4 | 0.32 | -0.72 | -3.22 | 33.33 | 14.13 | 18.2 | 15.26 | 4.72 | 0.00 | 0 | 0 |
| 24Q1 (18) | 16.48 | 26.57 | 18.31 | 0.84 | 600.0 | -50.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 16.85 | 14.39 | 12.03 | 0.29 | 124.58 | 113.62 | 13.27 | 8.06 | 11.51 | 20.29 | 5.07 | 40.26 | 17.98 | -6.4 | -27.47 | 2.39 | 50.31 | 50.31 | 0 | 0 | 0 | 0 | 0 | 0 | 20.62 | -0.1 | -0.15 | 23.29 | 0.0 | 0.0 | 5.34 | 0.0 | 237.97 | 20.62 | 1.43 | -27.98 | 49.24 | 0.57 | -7.95 | -4.83 | 13.13 | -4.55 | 15.79 | 6.91 | -34.24 | 0.00 | 0 | 0 |
| 23Q4 (17) | 13.02 | 5.94 | -18.98 | 0.12 | -94.67 | -92.31 | 0 | 0 | 0 | 0 | 0 | 0 | 14.73 | -9.74 | -19.99 | -1.18 | -1866.67 | -195.0 | 12.28 | -11.65 | -26.77 | 19.31 | -6.54 | 0.13 | 19.21 | -1.18 | -24.73 | 1.59 | 0.0 | -3.05 | 0 | 0 | -100.0 | 0 | 0 | 0 | 20.64 | 0.0 | -0.15 | 23.29 | 0.0 | 0.0 | 5.34 | 0.0 | 237.97 | 20.33 | -4.51 | -33.86 | 48.96 | -1.92 | -11.94 | -5.56 | -20.87 | -4.12 | 14.77 | -11.5 | -41.85 | 0.00 | 0 | 0 |
| 23Q3 (16) | 12.29 | -9.3 | -9.3 | 2.25 | 1.81 | -45.12 | 0 | 0 | 0 | 0 | 0 | 0 | 16.32 | -6.74 | -32.31 | -0.06 | 76.0 | -105.36 | 13.9 | -3.14 | -35.68 | 20.66 | 8.08 | -14.45 | 19.44 | -9.24 | -27.97 | 1.59 | -0.62 | -5.36 | 0 | 0 | 0 | 0 | 0 | 0 | 20.64 | -0.05 | -0.15 | 23.29 | 0.0 | 0.0 | 5.34 | 0.0 | 237.97 | 21.29 | 0.76 | -30.83 | 49.92 | 0.32 | -10.3 | -4.6 | -22.67 | 8.0 | 16.69 | -3.97 | -35.26 | 0.00 | 0 | 0 |
| 23Q2 (15) | 13.55 | -2.73 | -35.14 | 2.21 | 31.55 | -73.66 | 0 | -100.0 | 0 | 0 | 0 | 0 | 17.5 | 16.36 | -29.15 | -0.25 | 88.26 | -114.79 | 14.35 | 20.59 | -30.27 | 19.12 | 32.16 | -17.67 | 21.42 | -13.59 | -21.91 | 1.6 | 0.63 | -1.84 | 0 | 0 | -100.0 | 0 | 0 | 0 | 20.65 | 0.0 | -0.24 | 23.29 | 0.0 | 0.0 | 5.34 | 237.97 | 237.97 | 21.13 | -26.2 | -25.57 | 49.76 | -6.97 | -6.57 | -3.75 | 18.83 | 7.86 | 17.38 | -27.61 | -28.54 | 0.00 | 0 | 0 |
| 23Q1 (14) | 13.93 | -13.32 | -2.45 | 1.68 | 7.69 | -2.89 | 0.6 | 0 | 0 | 0 | 0 | 0 | 15.04 | -18.31 | -23.77 | -2.13 | -432.5 | -214.52 | 11.9 | -29.04 | -31.77 | 14.47 | -24.99 | -31.58 | 24.79 | -2.86 | -5.06 | 1.59 | -3.05 | -1.85 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 20.65 | -0.1 | 4.29 | 23.29 | 0.0 | 2.06 | 1.58 | 0.0 | 0 | 28.63 | -6.86 | -7.26 | 53.49 | -3.79 | -0.37 | -4.62 | 13.48 | -13.24 | 24.01 | -5.47 | -10.38 | 0.00 | 0 | 0 |
| 22Q4 (13) | 16.07 | 18.6 | 3.88 | 1.56 | -61.95 | 132.84 | 0 | 0 | 0 | 0 | 0 | 0 | 18.41 | -23.64 | -12.04 | -0.4 | -135.71 | -152.63 | 16.77 | -22.4 | -3.62 | 19.29 | -20.15 | -11.18 | 25.52 | -5.45 | 18.48 | 1.64 | -2.38 | -1.2 | 0.6 | 0 | -71.43 | 0 | 0 | 0 | 20.67 | 0.0 | 4.39 | 23.29 | 0.0 | 2.06 | 1.58 | 0.0 | 0 | 30.74 | -0.13 | 5.93 | 55.6 | -0.09 | 7.25 | -5.34 | -6.8 | -237.97 | 25.4 | -1.47 | -7.43 | 0.00 | 0 | 0 |
| 22Q3 (12) | 13.55 | -35.14 | -15.52 | 4.1 | -51.13 | 272.73 | 0 | 0 | 0 | 0 | 0 | 0 | 24.11 | -2.39 | 3.61 | 1.12 | -33.73 | 24.44 | 21.61 | 5.0 | 13.08 | 24.15 | 4.02 | -0.02 | 26.99 | -1.6 | 30.64 | 1.68 | 3.07 | -1.75 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 20.67 | -0.14 | 4.39 | 23.29 | 0.0 | 2.06 | 1.58 | 0.0 | 0 | 30.78 | 8.42 | 8.99 | 55.65 | 4.49 | 8.99 | -5.0 | -22.85 | -400.0 | 25.78 | 6.0 | -5.36 | 0.00 | 0 | 0 |
| 22Q2 (11) | 20.89 | 46.29 | 37.62 | 8.39 | 384.97 | 832.22 | 0 | 0 | 0 | 0 | 0 | 0 | 24.7 | 25.19 | 33.15 | 1.69 | -9.14 | 1590.0 | 20.58 | 18.0 | 29.92 | 23.22 | 9.82 | 12.17 | 27.43 | 5.06 | 16.53 | 1.63 | 0.62 | -3.55 | 2.1 | 0.0 | 0.0 | 0 | 0 | 0 | 20.7 | 4.55 | 4.55 | 23.29 | 2.06 | 2.06 | 1.58 | 0 | 0 | 28.39 | -8.03 | 3.84 | 53.26 | -0.8 | 6.18 | -4.07 | 0.25 | -257.14 | 24.32 | -9.22 | -18.74 | 0.00 | 0 | 0 |
| 22Q1 (10) | 14.28 | -7.69 | -14.44 | 1.73 | 158.21 | 108.43 | 0 | 0 | 0 | 0 | 0 | 0 | 19.73 | -5.73 | 13.52 | 1.86 | 144.74 | 181.82 | 17.44 | 0.23 | 13.62 | 21.14 | -2.63 | -5.17 | 26.11 | 21.22 | 26.32 | 1.62 | -2.41 | -10.5 | 2.1 | 0.0 | 0.0 | 0 | 0 | 0 | 19.8 | 0.0 | 0.0 | 22.82 | 0.0 | 0.0 | 0 | 0 | -100.0 | 30.87 | 6.37 | 25.85 | 53.69 | 3.57 | 7.17 | -4.08 | -158.23 | -240.69 | 26.79 | -2.37 | -2.33 | 0.00 | 0 | 0 |
| 21Q4 (9) | 15.47 | -3.55 | 36.42 | 0.67 | -39.09 | -70.35 | 0 | 0 | 0 | 0 | 0 | 0 | 20.93 | -10.06 | 5.18 | 0.76 | -15.56 | 1800.0 | 17.4 | -8.95 | -7.5 | 21.71 | -10.12 | -18.96 | 21.54 | 4.26 | 3.41 | 1.66 | -2.92 | -7.78 | 2.1 | 0.0 | 110.0 | 0 | 0 | 0 | 19.8 | 0.0 | 0.0 | 22.82 | 0.0 | 0.0 | 0 | 0 | -100.0 | 29.02 | 2.76 | 27.22 | 51.84 | 1.53 | 7.15 | -1.58 | -58.0 | -593.75 | 27.44 | 0.73 | 18.63 | 0.00 | 0 | 0 |
| 21Q3 (8) | 16.04 | 5.67 | 93.02 | 1.1 | 22.22 | -46.6 | 0 | 0 | 0 | 0 | 0 | 0 | 23.27 | 25.44 | 12.47 | 0.9 | 800.0 | 319.51 | 19.11 | 20.64 | -0.31 | 24.16 | 16.71 | -10.66 | 20.66 | -12.23 | -9.51 | 1.71 | 1.18 | -10.47 | 2.1 | 0.0 | 40.0 | 0 | 0 | 0 | 19.8 | 0.0 | 0.0 | 22.82 | 0.0 | 0.0 | 0 | 0 | -100.0 | 28.24 | 3.29 | 28.95 | 51.06 | 1.79 | 7.56 | -1.0 | -138.61 | -600.0 | 27.24 | -8.99 | 23.26 | 0.00 | 0 | 0 |
| 21Q2 (7) | 15.18 | -9.05 | 44.02 | 0.9 | 8.43 | -87.87 | 0 | 0 | 0 | 0 | 0 | 0 | 18.55 | 6.73 | 70.65 | 0.1 | -84.85 | 106.54 | 15.84 | 3.19 | 20.18 | 20.70 | -7.16 | 0 | 23.54 | 13.88 | -11.7 | 1.69 | -6.63 | -11.98 | 2.1 | 0.0 | 0 | 0 | 0 | 0 | 19.8 | 0.0 | 0.0 | 22.82 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | 27.34 | 11.46 | 26.69 | 50.16 | 0.12 | 6.38 | 2.59 | -10.69 | 793.1 | 29.93 | 9.11 | 36.85 | 0.00 | 0 | 0 |
| 21Q1 (6) | 16.69 | 47.18 | 161.19 | 0.83 | -63.27 | -83.85 | 0 | 0 | 0 | 0 | 0 | 0 | 17.38 | -12.66 | -7.26 | 0.66 | 1550.0 | 128.33 | 15.35 | -18.39 | 4.35 | 22.30 | -16.78 | 0 | 20.67 | -0.77 | -24.37 | 1.81 | 0.56 | -11.27 | 2.1 | 110.0 | 0 | 0 | 0 | 0 | 19.8 | 0.0 | 0.0 | 22.82 | 0.0 | 0.0 | 2.75 | 0.0 | -14.6 | 24.53 | 7.54 | 9.46 | 50.1 | 3.56 | 3.41 | 2.9 | 806.25 | 146.18 | 27.43 | 18.59 | 70.06 | 0.00 | 0 | 0 |
| 20Q4 (5) | 11.34 | 36.46 | 63.17 | 2.26 | 9.71 | -63.37 | 0 | 0 | 0 | 0 | 0 | 0 | 19.9 | -3.82 | -3.35 | 0.04 | 109.76 | 107.55 | 18.81 | -1.88 | 19.89 | 26.79 | -0.91 | 0 | 20.83 | -8.76 | -15.97 | 1.8 | -5.76 | -18.92 | 1.0 | -33.33 | 0 | 0 | 0 | 0 | 19.8 | 0.0 | 0.0 | 22.82 | 0.0 | 0.0 | 2.75 | 0.0 | -14.6 | 22.81 | 4.16 | -7.73 | 48.38 | 1.92 | -4.69 | 0.32 | 60.0 | 111.64 | 23.13 | 4.66 | 5.28 | 0.00 | 0 | 0 |
| 20Q3 (4) | 8.31 | -21.16 | 0.0 | 2.06 | -72.24 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 20.69 | 90.34 | 0.0 | -0.41 | 73.2 | 0.0 | 19.17 | 45.45 | 0.0 | 27.04 | 0 | 0.0 | 22.83 | -14.37 | 0.0 | 1.91 | -0.52 | 0.0 | 1.5 | 0 | 0.0 | 0 | 0 | 0.0 | 19.8 | 0.0 | 0.0 | 22.82 | 0.0 | 0.0 | 2.75 | 0.0 | 0.0 | 21.9 | 1.48 | 0.0 | 47.47 | 0.68 | 0.0 | 0.2 | -31.03 | 0.0 | 22.1 | 1.05 | 0.0 | 0.00 | 0 | 0.0 |
