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) | 9.9 | -26.78 | 28.34 | -34.41 | 6.23 | -56.43 | 0.2 | -89.01 | 98.3 | -19.93 | 0.53 | -85.56 | 14.5 | -19.49 | 14.75 | 0.55 | 32.5 | -15.34 | 9.8 | -5.95 | 37.14 | 3.25 | 0.27 | 8.0 | 40.76 | 5.98 | 1.76 | 26.62 | 3.28 | -41.11 | 2.55 | -31.64 | 7.59 | -29.07 | -4.13 | 0 | -1.58 | 0 | 0.10 | 4.14 |
| 2022 (9) | 13.52 | 29.25 | 43.21 | -29.83 | 14.3 | 618.59 | 1.82 | 355.0 | 122.77 | 17.19 | 3.67 | 100.55 | 18.01 | -10.35 | 14.67 | -23.5 | 38.39 | -7.54 | 10.42 | 18.81 | 35.97 | -22.68 | 0.25 | -7.41 | 38.46 | 0.0 | 1.39 | 13.93 | 5.57 | 38.56 | 3.73 | 115.61 | 10.7 | 53.74 | -3.28 | 0 | 0.45 | 0 | 0.10 | -30.44 |
| 2021 (8) | 10.46 | -14.47 | 61.58 | -6.36 | 1.99 | -29.68 | 0.4 | 400.0 | 104.76 | 21.88 | 1.83 | 0 | 20.09 | 7.61 | 19.18 | -11.72 | 41.52 | 29.31 | 8.77 | 2.21 | 46.52 | 46.24 | 0.27 | -3.57 | 38.46 | 0.0 | 1.22 | -57.04 | 4.02 | 0.0 | 1.73 | 0 | 6.96 | 32.82 | -5.64 | 0 | -3.91 | 0 | 0.14 | 0.23 |
| 2020 (7) | 12.23 | -8.94 | 65.76 | 20.88 | 2.83 | -75.91 | 0.08 | 0 | 85.95 | -21.29 | -2.07 | 0 | 18.67 | -12.72 | 21.72 | 10.89 | 32.11 | -4.15 | 8.58 | 8.2 | 31.81 | -5.66 | 0.28 | -6.67 | 38.46 | 0.0 | 2.84 | 24.56 | 4.02 | 37.2 | -1.62 | 0 | 5.24 | -52.36 | -4.57 | 0 | -6.19 | 0 | 0.14 | 8.4 |
| 2019 (6) | 13.43 | 83.97 | 54.4 | -2.56 | 11.75 | -48.1 | 0 | 0 | 109.2 | 19.58 | 5.58 | 176.24 | 21.39 | 5.21 | 19.59 | -12.01 | 33.5 | 18.04 | 7.93 | -12.67 | 33.72 | 175.04 | 0.3 | -3.23 | 38.46 | 14.94 | 2.28 | 9.62 | 2.93 | 4.27 | 5.79 | 140.25 | 11.0 | 50.68 | -4.02 | 0 | 1.77 | 0 | 0.13 | -17.02 |
| 2018 (5) | 7.3 | -54.26 | 55.83 | 39.85 | 22.64 | 1682.68 | 0 | 0 | 91.32 | 15.11 | 2.02 | -45.41 | 20.33 | 15.77 | 22.26 | 0.57 | 28.38 | 18.25 | 9.08 | 88.77 | 12.26 | -37.83 | 0.31 | -6.06 | 33.46 | 0.0 | 2.08 | 21.64 | 2.81 | 155.45 | 2.41 | -57.27 | 7.3 | -13.61 | -2.93 | 0 | -0.52 | 0 | 0.15 | 26.55 |
| 2017 (4) | 15.96 | 76.16 | 39.92 | 18.46 | 1.27 | 605.56 | 0 | 0 | 79.33 | 5.07 | 3.7 | -3.39 | 17.56 | 11.7 | 22.14 | 6.31 | 24.0 | 21.15 | 4.81 | -2.63 | 19.72 | 158.79 | 0.33 | -5.71 | 33.46 | 20.49 | 1.71 | 28.57 | 1.1 | 46.67 | 5.64 | 1.99 | 8.45 | 11.18 | -2.81 | 0 | 2.83 | -36.12 | 0.12 | -9.89 |
| 2016 (3) | 9.06 | 70.3 | 33.7 | 47.48 | 0.18 | -79.78 | 0 | 0 | 75.5 | 5.92 | 3.83 | 18.94 | 15.72 | 11.25 | 20.82 | 5.03 | 19.81 | -4.44 | 4.94 | 63.04 | 7.62 | 197.66 | 0.35 | 6.06 | 27.77 | 15.37 | 1.33 | 31.68 | 0.75 | 0.0 | 5.53 | -22.55 | 7.6 | -14.51 | -1.1 | 0 | 4.43 | -41.48 | 0.13 | -5.29 |
| 2015 (2) | 5.32 | -41.02 | 22.85 | 6.43 | 0.89 | 102.27 | 0 | 0 | 71.28 | 25.38 | 3.22 | -64.02 | 14.13 | 27.3 | 19.82 | 1.53 | 20.73 | 7.52 | 3.03 | 156.78 | 2.56 | 204.76 | 0.33 | 135.71 | 24.07 | 10.97 | 1.01 | 461.11 | 0.75 | 0.0 | 7.14 | -13.87 | 8.89 | -3.47 | 0.43 | -36.76 | 7.57 | -15.61 | 0.14 | 8.93 |
| 2014 (1) | 9.02 | 80.4 | 21.47 | 17.0 | 0.44 | 37.5 | 0 | 0 | 56.85 | 23.88 | 8.95 | 0 | 11.1 | 29.98 | 19.53 | 4.92 | 19.28 | 29.74 | 1.18 | -65.99 | 0.84 | 16.67 | 0.14 | 1300.0 | 21.69 | 0.0 | 0.18 | 0.0 | 0.75 | 0.0 | 8.29 | 0 | 9.21 | 2389.19 | 0.68 | 172.0 | 8.97 | 0 | 0.13 | 81.67 |
| 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) | 10.81 | 10.99 | -23.66 | 32.2 | 22.2 | 2.16 | 8.57 | 14.11 | 89.6 | 1.0 | -16.67 | 42.86 | 32.25 | 16.17 | 27.12 | 1.11 | 7.77 | 236.36 | 21.04 | 31.83 | 21.97 | 18.83 | 23.71 | 11.66 | 37.72 | 6.86 | 9.14 | 7.34 | -28.25 | -29.96 | 27.02 | -16.03 | -30.97 | 0.26 | 0.0 | -7.14 | 40.76 | 0.0 | 0.0 | 1.84 | 0.0 | 4.55 | 4.13 | 0.0 | 25.91 | 3.37 | 51.12 | 46.52 | 9.33 | 13.78 | 27.11 | -2.56 | -4.92 | -37.63 | 0.81 | 485.71 | 84.09 | 0.09 | -14.32 | 0.3 |
| 24Q2 (19) | 9.74 | -4.7 | -33.15 | 26.35 | 19.66 | -29.38 | 7.51 | 0.0 | 64.69 | 1.2 | 500.0 | 71.43 | 27.76 | 7.31 | 32.95 | 1.03 | 94.34 | 386.11 | 15.96 | -0.81 | 30.5 | 15.22 | -7.32 | 34.02 | 35.3 | 7.92 | -1.01 | 10.23 | 1.49 | 2.2 | 32.18 | -11.37 | -12.24 | 0.26 | -3.7 | 8.33 | 40.76 | 0.0 | 0.0 | 1.84 | 4.55 | 4.55 | 4.13 | 25.91 | 25.91 | 2.23 | -29.21 | 14.95 | 8.2 | 0.12 | 17.48 | -2.44 | 7.92 | 15.86 | -0.21 | -142.0 | 78.12 | 0.11 | 5.52 | 4.26 |
| 24Q1 (18) | 10.22 | 3.23 | -38.1 | 22.02 | -22.3 | -45.6 | 7.51 | 20.55 | -35.31 | 0.2 | 0.0 | -71.43 | 25.87 | 0.15 | -1.3 | 0.53 | 430.0 | 17.78 | 16.09 | 10.97 | 16.93 | 16.43 | 11.35 | 41.86 | 32.71 | 0.65 | -9.29 | 10.08 | 2.86 | -3.26 | 36.31 | -2.23 | 0.25 | 0.27 | 0.0 | 8.0 | 40.76 | 0.0 | 5.98 | 1.76 | 0.0 | 26.62 | 3.28 | 0.0 | -41.11 | 3.15 | 23.53 | -24.82 | 8.19 | 7.91 | -26.55 | -2.65 | 35.84 | 15.06 | 0.5 | 131.65 | -53.27 | 0.10 | 3.75 | 4.39 |
| 23Q4 (17) | 9.9 | -30.08 | -26.78 | 28.34 | -10.09 | -34.41 | 6.23 | 37.83 | -56.43 | 0.2 | -71.43 | -89.01 | 25.83 | 1.81 | -13.35 | 0.1 | -69.7 | 158.82 | 14.5 | -15.94 | -19.49 | 14.75 | -12.54 | 0.56 | 32.5 | -5.96 | -15.34 | 9.8 | -6.49 | -5.95 | 37.14 | -5.11 | 3.25 | 0.27 | -3.57 | 8.0 | 40.76 | 0.0 | 5.98 | 1.76 | 0.0 | 26.62 | 3.28 | 0.0 | -41.11 | 2.55 | 10.87 | -31.64 | 7.59 | 3.41 | -29.07 | -4.13 | -122.04 | -25.91 | -1.58 | -459.09 | -451.11 | 0.10 | 6.93 | 4.14 |
| 23Q3 (16) | 14.16 | -2.81 | 49.37 | 31.52 | -15.52 | -33.45 | 4.52 | -0.88 | 101.79 | 0.7 | 0.0 | 75.0 | 25.37 | 21.5 | -17.52 | 0.33 | 191.67 | -80.7 | 17.25 | 41.05 | -21.77 | 16.87 | 48.48 | -6.01 | 34.56 | -3.08 | -15.71 | 10.48 | 4.7 | 0.48 | 39.14 | 6.74 | -13.52 | 0.28 | 16.67 | 7.69 | 40.76 | 0.0 | 5.98 | 1.76 | 0.0 | 26.62 | 3.28 | 0.0 | -41.11 | 2.3 | 18.56 | -39.95 | 7.34 | 5.16 | -31.97 | -1.86 | 35.86 | 16.59 | 0.44 | 145.83 | -72.5 | 0.09 | -10.93 | -35.64 |
| 23Q2 (15) | 14.57 | -11.75 | 21.82 | 37.31 | -7.83 | -31.87 | 4.56 | -60.72 | 124.63 | 0.7 | 0.0 | 75.0 | 20.88 | -20.34 | -34.85 | -0.36 | -180.0 | -137.5 | 12.23 | -11.12 | -41.31 | 11.36 | -1.9 | -36.64 | 35.66 | -1.11 | -13.72 | 10.01 | -3.93 | 7.75 | 36.67 | 1.24 | -16.35 | 0.24 | -4.0 | -7.69 | 40.76 | 5.98 | 5.98 | 1.76 | 26.62 | 26.62 | 3.28 | -41.11 | -41.11 | 1.94 | -53.7 | -8.92 | 6.98 | -37.4 | -23.3 | -2.9 | 7.05 | 28.75 | -0.96 | -189.72 | 50.52 | 0.10 | 5.64 | -21.9 |
| 23Q1 (14) | 16.51 | 22.12 | 10.66 | 40.48 | -6.32 | -30.16 | 11.61 | -18.81 | 492.35 | 0.7 | -61.54 | 75.0 | 26.21 | -12.08 | -13.07 | 0.45 | 364.71 | -61.54 | 13.76 | -23.6 | -29.44 | 11.58 | -21.06 | -34.27 | 36.06 | -6.07 | -13.3 | 10.42 | 0.0 | 14.13 | 36.22 | 0.7 | -18.22 | 0.25 | 0.0 | -7.41 | 38.46 | 0.0 | 0.0 | 1.39 | 0.0 | 13.93 | 5.57 | 0.0 | 38.56 | 4.19 | 12.33 | 44.98 | 11.15 | 4.21 | 37.15 | -3.12 | 4.88 | 23.72 | 1.07 | 137.78 | 189.17 | 0.10 | 3.5 | -26.52 |
| 22Q4 (13) | 13.52 | 42.62 | 29.25 | 43.21 | -8.76 | -29.83 | 14.3 | 538.39 | 618.59 | 1.82 | 355.0 | 355.0 | 29.81 | -3.09 | -0.33 | -0.17 | -109.94 | -147.22 | 18.01 | -18.32 | -10.35 | 14.67 | -18.26 | -23.5 | 38.39 | -6.37 | -7.54 | 10.42 | -0.1 | 18.81 | 35.97 | -20.53 | -22.68 | 0.25 | -3.85 | -7.41 | 38.46 | 0.0 | 0.0 | 1.39 | 0.0 | 13.93 | 5.57 | 0.0 | 38.56 | 3.73 | -2.61 | 115.61 | 10.7 | -0.83 | 53.74 | -3.28 | -47.09 | 41.84 | 0.45 | -71.88 | 111.51 | 0.10 | -33.91 | -30.44 |
| 22Q3 (12) | 9.48 | -20.74 | -4.72 | 47.36 | -13.51 | -21.09 | 2.24 | 10.34 | -92.23 | 0.4 | 0.0 | 0.0 | 30.76 | -4.02 | 27.53 | 1.71 | 78.12 | 256.25 | 22.05 | 5.81 | 26.43 | 17.95 | 0.09 | 3.4 | 41.0 | -0.8 | 1.11 | 10.43 | 12.27 | 19.47 | 45.26 | 3.24 | 166.86 | 0.26 | 0.0 | -3.7 | 38.46 | 0.0 | 0.0 | 1.39 | 0.0 | 13.93 | 5.57 | 0.0 | 38.56 | 3.83 | 79.81 | 160.54 | 10.79 | 18.57 | 61.04 | -2.23 | 45.21 | 60.53 | 1.6 | 182.47 | 138.28 | 0.15 | 8.07 | 4.94 |
| 22Q2 (11) | 11.96 | -19.84 | -2.76 | 54.76 | -5.52 | -3.08 | 2.03 | 3.57 | -61.33 | 0.4 | 0.0 | 0.0 | 32.05 | 6.3 | 20.9 | 0.96 | -17.95 | 2300.0 | 20.84 | 6.87 | 14.63 | 17.93 | 1.78 | -5.24 | 41.33 | -0.63 | 15.54 | 9.29 | 1.75 | 7.4 | 43.84 | -1.02 | 7.98 | 0.26 | -3.7 | -3.7 | 38.46 | 0.0 | 0.0 | 1.39 | 13.93 | -51.06 | 5.57 | 38.56 | 38.56 | 2.13 | -26.3 | 443.55 | 9.1 | 11.93 | 45.83 | -4.07 | 0.49 | 29.95 | -1.94 | -61.67 | 69.83 | 0.13 | -0.6 | -1.57 |
| 22Q1 (10) | 14.92 | 42.64 | -3.05 | 57.96 | -5.88 | 5.27 | 1.96 | -1.51 | -59.84 | 0.4 | 0.0 | 400.0 | 30.15 | 0.8 | 24.48 | 1.17 | 225.0 | 24.47 | 19.5 | -2.94 | 15.73 | 17.62 | -8.14 | -11.68 | 41.59 | 0.17 | 24.63 | 9.13 | 4.1 | 3.87 | 44.29 | -4.79 | 6.06 | 0.27 | 0.0 | -3.57 | 38.46 | 0.0 | 0.0 | 1.22 | 0.0 | -57.04 | 4.02 | 0.0 | 0.0 | 2.89 | 67.05 | 525.0 | 8.13 | 16.81 | 31.55 | -4.09 | 27.48 | 16.02 | -1.2 | 69.31 | 78.38 | 0.14 | -2.03 | -0.9 |
| 21Q4 (9) | 10.46 | 5.13 | -14.47 | 61.58 | 2.6 | -6.36 | 1.99 | -93.1 | -29.68 | 0.4 | 0.0 | 400.0 | 29.91 | 24.0 | 16.65 | 0.36 | -25.0 | 143.9 | 20.09 | 15.19 | 7.61 | 19.18 | 10.5 | -11.72 | 41.52 | 2.39 | 29.31 | 8.77 | 0.46 | 2.21 | 46.52 | 174.29 | 46.24 | 0.27 | 0.0 | -3.57 | 38.46 | 0.0 | 0.0 | 1.22 | 0.0 | -57.04 | 4.02 | 0.0 | 0.0 | 1.73 | 17.69 | 206.79 | 6.96 | 3.88 | 32.82 | -5.64 | 0.18 | -23.41 | -3.91 | 6.46 | 36.83 | 0.14 | -0.29 | 0.23 |
| 21Q3 (8) | 9.95 | -19.11 | -8.55 | 60.02 | 6.23 | -14.4 | 28.83 | 449.14 | 3139.33 | 0.4 | 0.0 | 0 | 24.12 | -9.02 | 22.37 | 0.48 | 1100.0 | 23.08 | 17.44 | -4.07 | 7.06 | 17.35 | -8.28 | -1.17 | 40.55 | 13.36 | 24.65 | 8.73 | 0.92 | -1.47 | 16.96 | -58.23 | -45.01 | 0.27 | 0.0 | -6.9 | 38.46 | 0.0 | 0.0 | 1.22 | -57.04 | -57.04 | 4.02 | 0.0 | 0.0 | 1.47 | 337.1 | 241.35 | 6.7 | 7.37 | 15.12 | -5.65 | 2.75 | -30.48 | -4.18 | 34.99 | 22.16 | 0.14 | 1.36 | 0.17 |
| 21Q2 (7) | 12.3 | -20.08 | -37.08 | 56.5 | 2.62 | -17.85 | 5.25 | 7.58 | 34.96 | 0.4 | 400.0 | 0 | 26.51 | 9.45 | 77.8 | 0.04 | -95.74 | 101.75 | 18.18 | 7.89 | 68.18 | 18.92 | -5.13 | 0 | 35.77 | 7.19 | 6.87 | 8.65 | -1.59 | 11.33 | 40.6 | -2.78 | 41.96 | 0.27 | -3.57 | -6.9 | 38.46 | 0.0 | 0.0 | 2.84 | 0.0 | 0.0 | 4.02 | 0.0 | 0.0 | -0.62 | 8.82 | 56.64 | 6.24 | 0.97 | 14.92 | -5.81 | -19.3 | -33.56 | -6.43 | -15.86 | -11.25 | 0.14 | 0.08 | -10.31 |
| 21Q1 (6) | 15.39 | 25.84 | 3.92 | 55.06 | -16.27 | -16.69 | 4.88 | 72.44 | -0.2 | 0.08 | 0.0 | 0 | 24.22 | -5.54 | -5.72 | 0.94 | 214.63 | 46.88 | 16.85 | -9.75 | -14.55 | 19.95 | -8.18 | 0 | 33.37 | 3.92 | -3.36 | 8.79 | 2.45 | 8.79 | 41.76 | 31.28 | 34.97 | 0.28 | 0.0 | -3.45 | 38.46 | 0.0 | 0.0 | 2.84 | 0.0 | 24.56 | 4.02 | 0.0 | 37.2 | -0.68 | 58.02 | -110.58 | 6.18 | 17.94 | -46.91 | -4.87 | -6.56 | -13.52 | -5.55 | 10.34 | -359.35 | 0.14 | -0.91 | -0.21 |
| 20Q4 (5) | 12.23 | 12.41 | -8.94 | 65.76 | -6.22 | 20.88 | 2.83 | 217.98 | -75.91 | 0.08 | 0 | 0 | 25.64 | 30.09 | -21.01 | -0.82 | -310.26 | -156.94 | 18.67 | 14.61 | -12.72 | 21.72 | 23.7 | 0 | 32.11 | -1.29 | -4.15 | 8.58 | -3.16 | 8.2 | 31.81 | 3.15 | -5.66 | 0.28 | -3.45 | -6.67 | 38.46 | 0.0 | 0.0 | 2.84 | 0.0 | 24.56 | 4.02 | 0.0 | 37.2 | -1.62 | -55.77 | -127.98 | 5.24 | -9.97 | -52.36 | -4.57 | -5.54 | -13.68 | -6.19 | -15.27 | -449.72 | 0.14 | -0.35 | 8.4 |
| 20Q3 (4) | 10.88 | -44.35 | 0.0 | 70.12 | 1.95 | 0.0 | 0.89 | -77.12 | 0.0 | 0 | 0 | 0.0 | 19.71 | 32.19 | 0.0 | 0.39 | 117.03 | 0.0 | 16.29 | 50.69 | 0.0 | 17.56 | 0 | 0.0 | 32.53 | -2.81 | 0.0 | 8.86 | 14.03 | 0.0 | 30.84 | 7.83 | 0.0 | 0.29 | 0.0 | 0.0 | 38.46 | 0.0 | 0.0 | 2.84 | 0.0 | 0.0 | 4.02 | 0.0 | 0.0 | -1.04 | 27.27 | 0.0 | 5.82 | 7.18 | 0.0 | -4.33 | 0.46 | 0.0 | -5.37 | 7.09 | 0.0 | 0.14 | -9.25 | 0.0 |
