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) | 7.23 | -15.04 | 15.03 | 6.07 | 2.22 | 50.0 | 0 | 0 | 38.83 | 2.48 | -0.15 | 0 | 11.19 | 17.79 | 28.82 | 14.94 | 13.77 | -10.93 | 0.01 | -66.67 | 4.57 | 16.88 | 1.94 | 5.43 | 19.13 | -1.54 | 0.39 | 77.27 | 1.35 | 50.0 | 1.58 | -38.28 | 3.32 | -9.54 | -0.89 | 0 | 0.69 | -42.98 | 0.04 | -13.25 |
| 2022 (9) | 8.51 | 4.8 | 14.17 | 22.37 | 1.48 | 5.71 | 0 | 0 | 37.89 | 5.6 | 1.56 | -28.44 | 9.5 | -1.55 | 25.07 | -6.78 | 15.46 | 19.11 | 0.03 | -50.0 | 3.91 | -13.69 | 1.84 | 78.64 | 19.43 | -2.51 | 0.22 | 0 | 0.9 | 0 | 2.56 | 17.97 | 3.67 | 69.12 | -1.35 | 0 | 1.21 | 426.09 | 0.04 | -9.13 |
| 2021 (8) | 8.12 | 1.37 | 11.58 | -18.79 | 1.4 | -25.53 | 0 | 0 | 35.88 | 11.74 | 2.18 | 0 | 9.65 | 4.1 | 26.90 | -6.84 | 12.98 | 14.87 | 0.06 | 20.0 | 4.53 | 28.69 | 1.03 | -7.21 | 19.93 | 0.0 | 0 | 0 | 0 | 0 | 2.17 | 0 | 2.17 | 0 | -1.94 | 0 | 0.23 | 0 | 0.05 | -5.51 |
| 2020 (7) | 8.01 | 21.0 | 14.26 | 20.75 | 1.88 | -19.66 | 0 | 0 | 32.11 | -22.83 | -1.19 | 0 | 9.27 | -11.97 | 28.87 | 14.08 | 11.3 | -20.31 | 0.05 | -44.44 | 3.52 | 35.91 | 1.11 | -7.5 | 19.93 | 0.0 | 0 | 0 | 0 | 0 | -1.14 | 0 | -1.14 | 0 | -1.04 | 0 | -2.18 | 0 | 0.05 | 3.12 |
| 2019 (6) | 6.62 | 8.88 | 11.81 | -7.01 | 2.34 | -4.88 | 0 | 0 | 41.61 | -15.17 | -2.75 | 0 | 10.53 | -25.11 | 25.31 | -11.72 | 14.18 | -19.2 | 0.09 | 0.0 | 2.59 | -34.6 | 1.2 | -14.29 | 19.93 | -0.3 | 1.87 | 2.19 | 0.75 | 29.31 | -2.72 | 0 | -0.1 | 0 | -1.03 | 0 | -3.75 | 0 | 0.05 | 176.81 |
| 2018 (5) | 6.08 | -14.0 | 12.7 | 12.19 | 2.46 | -37.08 | 0 | 0 | 49.05 | 9.85 | 0.41 | -57.73 | 14.06 | 5.63 | 28.66 | -3.84 | 17.55 | 2.45 | 0.09 | 0 | 3.96 | 5.88 | 1.4 | -4.11 | 19.99 | 11.06 | 1.83 | 5.78 | 0.58 | 13.73 | 0.49 | -52.43 | 2.89 | -11.62 | -0.75 | 0 | -0.26 | 0 | 0.02 | 102.19 |
| 2017 (4) | 7.07 | 31.66 | 11.32 | 79.97 | 3.91 | 122.16 | 0 | 0 | 44.65 | 20.77 | 0.97 | -2.02 | 13.31 | 2.94 | 29.81 | -14.77 | 17.13 | 40.53 | 0 | 0 | 3.74 | -22.41 | 1.46 | 0.69 | 18.0 | 0.0 | 1.73 | 6.13 | 0.51 | 0 | 1.03 | 1.98 | 3.27 | 23.86 | -0.58 | 0 | 0.45 | -10.0 | 0.01 | -8.73 |
| 2016 (3) | 5.37 | -41.57 | 6.29 | -35.62 | 1.76 | 64.49 | 0 | 0 | 36.97 | 17.85 | 0.99 | 0 | 12.93 | 38.59 | 34.97 | 17.59 | 12.19 | 0.16 | 0 | 0 | 4.82 | 132.85 | 1.45 | -8.23 | 18.0 | 0.0 | 1.63 | 0.0 | 0 | 0 | 1.01 | 3266.67 | 2.64 | 59.04 | -0.51 | 0 | 0.5 | 0 | 0.01 | 2.83 |
| 2015 (2) | 9.19 | 62.08 | 9.77 | 83.3 | 1.07 | -72.28 | 0 | 0 | 31.37 | -4.04 | -0.41 | 0 | 9.33 | -22.96 | 29.74 | -19.71 | 12.17 | -5.8 | 0 | 0 | 2.07 | -67.4 | 1.58 | 6.04 | 18.0 | 22.45 | 1.63 | 1.24 | 0 | 0 | 0.03 | -95.95 | 1.66 | -29.36 | -0.12 | 0 | -0.09 | 0 | 0.01 | 0 |
| 2014 (1) | 5.67 | -21.58 | 5.33 | -0.74 | 3.86 | 58.85 | 0 | 0 | 32.69 | 3.29 | 0.17 | -84.26 | 12.11 | 3.68 | 37.04 | 0.38 | 12.92 | 18.21 | 0 | 0 | 6.35 | -15.45 | 1.49 | 893.33 | 14.7 | 0.0 | 1.61 | 6.62 | 0 | 0 | 0.74 | -53.75 | 2.35 | -24.44 | 0.29 | 314.29 | 1.03 | -38.32 | -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) | 8.13 | -4.91 | 37.56 | 17.66 | -0.34 | 6.26 | 1.77 | 1.14 | 2.31 | 0 | 0 | 0 | 9.54 | -2.25 | 3.02 | -0.65 | -822.22 | -506.25 | 9.8 | -4.76 | -9.76 | 25.97 | -5.47 | -6.53 | 14.38 | 0.98 | -13.16 | 0 | 0 | 0 | 4.18 | -0.95 | 43.15 | 1.86 | -2.62 | -1.59 | 19.13 | 0.0 | 0.0 | 0.39 | 0.0 | 0.0 | 0.89 | 0.0 | -34.07 | 0.97 | -39.75 | -56.31 | 2.24 | -22.49 | -43.43 | -0.9 | 7.22 | 17.43 | 0.07 | -89.06 | -93.81 | 0.03 | -7.62 | -36.05 |
| 24Q2 (19) | 8.55 | 11.47 | 25.0 | 17.72 | 7.07 | 16.89 | 1.75 | 0.57 | 9.38 | 0 | 0 | 0 | 9.76 | 26.75 | 2.52 | 0.09 | 117.31 | -52.63 | 10.29 | 3.83 | 8.54 | 27.48 | 3.17 | 10.98 | 14.24 | -3.85 | -8.83 | 0 | 0 | -100.0 | 4.22 | -0.71 | 35.26 | 1.91 | -1.55 | 0.53 | 19.13 | 0.0 | -1.54 | 0.39 | 0.0 | 0.0 | 0.89 | -34.07 | -34.07 | 1.61 | 51.89 | -21.84 | 2.89 | 3.21 | -23.95 | -0.97 | -19.75 | 16.38 | 0.64 | 156.0 | -28.89 | 0.03 | -25.84 | -30.78 |
| 24Q1 (18) | 7.67 | 6.09 | 6.53 | 16.55 | 10.11 | 19.93 | 1.74 | -21.62 | 10.83 | 0 | 0 | 0 | 7.7 | -28.24 | -17.38 | -0.52 | 17.46 | -500.0 | 9.91 | -11.44 | 14.57 | 26.63 | -7.58 | 20.69 | 14.81 | 7.55 | -5.25 | 0 | -100.0 | -100.0 | 4.25 | -7.0 | 21.43 | 1.94 | 0.0 | 3.19 | 19.13 | 0.0 | -1.54 | 0.39 | 0.0 | 77.27 | 1.35 | 0.0 | 50.0 | 1.06 | -32.91 | -60.59 | 2.8 | -15.66 | -26.32 | -0.81 | 8.99 | 35.2 | 0.25 | -63.77 | -82.64 | 0.04 | 0.79 | -9.45 |
| 23Q4 (17) | 7.23 | 22.34 | -15.04 | 15.03 | -9.57 | 6.07 | 2.22 | 28.32 | 50.0 | 0 | 0 | 0 | 10.73 | 15.87 | -2.28 | -0.63 | -493.75 | -493.75 | 11.19 | 3.04 | 17.79 | 28.82 | 3.7 | 14.94 | 13.77 | -16.85 | -10.93 | 0.01 | 0 | -66.67 | 4.57 | 56.51 | 16.88 | 1.94 | 2.65 | 5.43 | 19.13 | 0.0 | -1.54 | 0.39 | 0.0 | 77.27 | 1.35 | 0.0 | 50.0 | 1.58 | -28.83 | -38.28 | 3.32 | -16.16 | -9.54 | -0.89 | 18.35 | 34.07 | 0.69 | -38.94 | -42.98 | 0.04 | -7.38 | -13.25 |
| 23Q3 (16) | 5.91 | -13.6 | -48.61 | 16.62 | 9.63 | 14.86 | 1.73 | 8.12 | 22.7 | 0 | 0 | 0 | 9.26 | -2.73 | 9.33 | 0.16 | -15.79 | -70.91 | 10.86 | 14.56 | 31.0 | 27.79 | 12.24 | 22.08 | 16.56 | 6.02 | 7.88 | 0 | -100.0 | -100.0 | 2.92 | -6.41 | -31.93 | 1.89 | -0.53 | 71.82 | 19.13 | -1.54 | -1.54 | 0.39 | 0.0 | 77.27 | 1.35 | 0.0 | 50.0 | 2.22 | 7.77 | -1.77 | 3.96 | 4.21 | 17.51 | -1.09 | 6.03 | 35.12 | 1.13 | 25.56 | 94.83 | 0.04 | -0.01 | -11.01 |
| 23Q2 (15) | 6.84 | -5.0 | -30.42 | 15.16 | 9.86 | 15.81 | 1.6 | 1.91 | 30.08 | 0 | 0 | 0 | 9.52 | 2.15 | -8.72 | 0.19 | 46.15 | -71.64 | 9.48 | 9.6 | 1.39 | 24.76 | 12.2 | 0.49 | 15.62 | -0.06 | 11.49 | 0.04 | -20.0 | -66.67 | 3.12 | -10.86 | -25.36 | 1.9 | 1.06 | 79.25 | 19.43 | 0.0 | -2.51 | 0.39 | 77.27 | 77.27 | 1.35 | 50.0 | 50.0 | 2.06 | -23.42 | 20.47 | 3.8 | 0.0 | 34.28 | -1.16 | 7.2 | 34.83 | 0.9 | -37.5 | 1385.71 | 0.04 | -2.98 | -11.84 |
| 23Q1 (14) | 7.2 | -15.39 | -16.76 | 13.8 | -2.61 | 0.95 | 1.57 | 6.08 | 21.71 | 0 | 0 | 0 | 9.32 | -15.12 | 16.35 | 0.13 | -18.75 | -27.78 | 8.65 | -8.95 | -1.7 | 22.07 | -11.99 | -9.03 | 15.63 | 1.1 | 8.62 | 0.05 | 66.67 | 0.0 | 3.5 | -10.49 | -18.41 | 1.88 | 2.17 | 80.77 | 19.43 | 0.0 | -2.51 | 0.22 | 0.0 | 0 | 0.9 | 0.0 | 0 | 2.69 | 5.08 | 14.47 | 3.8 | 3.54 | 61.7 | -1.25 | 7.41 | 21.88 | 1.44 | 19.01 | 92.0 | 0.04 | -3.45 | -11.07 |
| 22Q4 (13) | 8.51 | -26.0 | 4.8 | 14.17 | -2.07 | 22.37 | 1.48 | 4.96 | 5.71 | 0 | 0 | 0 | 10.98 | 29.63 | 15.46 | 0.16 | -70.91 | 277.78 | 9.5 | 14.6 | -1.55 | 25.07 | 10.15 | -6.8 | 15.46 | 0.72 | 19.11 | 0.03 | -50.0 | -50.0 | 3.91 | -8.86 | -13.69 | 1.84 | 67.27 | 78.64 | 19.43 | 0.0 | -2.51 | 0.22 | 0.0 | 0 | 0.9 | 0.0 | 0 | 2.56 | 13.27 | 17.97 | 3.67 | 8.9 | 69.12 | -1.35 | 19.64 | 30.41 | 1.21 | 108.62 | 426.09 | 0.04 | -4.99 | -9.13 |
| 22Q3 (12) | 11.5 | 16.99 | 25.68 | 14.47 | 10.54 | 36.77 | 1.41 | 14.63 | -12.42 | 0 | 0 | 0 | 8.47 | -18.79 | -15.3 | 0.55 | -17.91 | -73.3 | 8.29 | -11.34 | -15.92 | 22.76 | -7.61 | -20.22 | 15.35 | 9.56 | 25.51 | 0.06 | -50.0 | -14.29 | 4.29 | 2.63 | 15.95 | 1.1 | 3.77 | 4.76 | 19.43 | -2.51 | -2.51 | 0.22 | 0.0 | 0 | 0.9 | 0.0 | 0 | 2.26 | 32.16 | -0.44 | 3.37 | 19.08 | 48.46 | -1.68 | 5.62 | -24.44 | 0.58 | 928.57 | -36.96 | 0.05 | -0.94 | -0.69 |
| 22Q2 (11) | 9.83 | 13.64 | 7.2 | 13.09 | -4.24 | 6.25 | 1.23 | -4.65 | -26.35 | 0 | 0 | 0 | 10.43 | 30.21 | 19.06 | 0.67 | 272.22 | 509.09 | 9.35 | 6.25 | 1.52 | 24.64 | 1.57 | -11.99 | 14.01 | -2.64 | 20.67 | 0.12 | 140.0 | 300.0 | 4.18 | -2.56 | 9.14 | 1.06 | 1.92 | 0.0 | 19.93 | 0.0 | 0.0 | 0.22 | 0 | 0 | 0.9 | 0 | 0 | 1.71 | -27.23 | 281.91 | 2.83 | 20.43 | 401.06 | -1.78 | -11.25 | -45.9 | -0.07 | -109.33 | 96.76 | 0.05 | -2.13 | -7.88 |
| 22Q1 (10) | 8.65 | 6.53 | 4.98 | 13.67 | 18.05 | 3.4 | 1.29 | -7.86 | -24.12 | 0 | 0 | 0 | 8.01 | -15.77 | 5.39 | 0.18 | 300.0 | 80.0 | 8.8 | -8.81 | 2.56 | 24.26 | -9.84 | -10.81 | 14.39 | 10.86 | 24.48 | 0.05 | -16.67 | 25.0 | 4.29 | -5.3 | 15.63 | 1.04 | 0.97 | -4.59 | 19.93 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.35 | 8.29 | 325.96 | 2.35 | 8.29 | 325.96 | -1.6 | 17.53 | -30.08 | 0.75 | 226.09 | 133.04 | 0.05 | -1.35 | -6.39 |
| 21Q4 (9) | 8.12 | -11.26 | 1.37 | 11.58 | 9.45 | -18.79 | 1.4 | -13.04 | -25.53 | 0 | 0 | 0 | 9.51 | -4.9 | 15.98 | -0.09 | -104.37 | 82.35 | 9.65 | -2.13 | 4.1 | 26.90 | -5.7 | -6.81 | 12.98 | 6.13 | 14.87 | 0.06 | -14.29 | 20.0 | 4.53 | 22.43 | 28.69 | 1.03 | -1.9 | -7.21 | 19.93 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.17 | -4.41 | 290.35 | 2.17 | -4.41 | 290.35 | -1.94 | -43.7 | -86.54 | 0.23 | -75.0 | 110.55 | 0.05 | 3.84 | -5.51 |
| 21Q3 (8) | 9.15 | -0.22 | 21.51 | 10.58 | -14.12 | -27.13 | 1.61 | -3.59 | -17.01 | 0 | 0 | 0 | 10.0 | 14.16 | 19.9 | 2.06 | 1772.73 | 10200.0 | 9.86 | 7.06 | 8.59 | 28.53 | 1.92 | 13.02 | 12.23 | 5.34 | -5.78 | 0.07 | 133.33 | 16.67 | 3.7 | -3.39 | 22.11 | 1.05 | -0.94 | -6.25 | 19.93 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.27 | 341.49 | 433.82 | 2.27 | 341.49 | 433.82 | -1.35 | -10.66 | -11.57 | 0.92 | 142.59 | 148.68 | 0.05 | -8.11 | -7.8 |
| 21Q2 (7) | 9.17 | 11.29 | 29.89 | 12.32 | -6.81 | -17.54 | 1.67 | -1.76 | -25.45 | 0 | 0 | 0 | 8.76 | 15.26 | 18.22 | 0.11 | 10.0 | 120.37 | 9.21 | 7.34 | -1.18 | 27.99 | 2.94 | 0 | 11.61 | 0.43 | -16.53 | 0.03 | -25.0 | -57.14 | 3.83 | 3.23 | 102.65 | 1.06 | -2.75 | -7.83 | 19.93 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.94 | 9.62 | -34.29 | -0.94 | 9.62 | -34.29 | -1.22 | 0.81 | 6.87 | -2.16 | 4.85 | -7.46 | 0.05 | -0.55 | -1.56 |
| 21Q1 (6) | 8.24 | 2.87 | 60.94 | 13.22 | -7.29 | 13.57 | 1.7 | -9.57 | -44.08 | 0 | 0 | 0 | 7.6 | -7.32 | -6.86 | 0.1 | 119.61 | 162.5 | 8.58 | -7.44 | -17.97 | 27.19 | -5.8 | 0 | 11.56 | 2.3 | -17.43 | 0.04 | -20.0 | -50.0 | 3.71 | 5.4 | 89.29 | 1.09 | -1.8 | -7.63 | 19.93 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | -1.04 | 8.77 | 63.76 | -1.04 | 8.77 | -316.0 | -1.23 | -18.27 | -1.65 | -2.27 | -4.13 | 44.36 | 0.05 | -0.42 | -0.43 |
| 20Q4 (5) | 8.01 | 6.37 | 21.0 | 14.26 | -1.79 | 20.75 | 1.88 | -3.09 | -19.66 | 0 | 0 | 0 | 8.2 | -1.68 | -32.01 | -0.51 | -2650.0 | 61.65 | 9.27 | 2.09 | -11.97 | 28.87 | 14.37 | 0 | 11.3 | -12.94 | -20.31 | 0.05 | -16.67 | -44.44 | 3.52 | 16.17 | 35.91 | 1.11 | -0.89 | -7.5 | 19.93 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | -1.14 | -67.65 | 58.09 | -1.14 | -67.65 | -1040.0 | -1.04 | 14.05 | -0.97 | -2.18 | -15.34 | 41.87 | 0.05 | 1.33 | 3.12 |
| 20Q3 (4) | 7.53 | 6.66 | 0.0 | 14.52 | -2.81 | 0.0 | 1.94 | -13.39 | 0.0 | 0 | 0 | 0.0 | 8.34 | 12.55 | 0.0 | 0.02 | 103.7 | 0.0 | 9.08 | -2.58 | 0.0 | 25.24 | 0 | 0.0 | 12.98 | -6.69 | 0.0 | 0.06 | -14.29 | 0.0 | 3.03 | 60.32 | 0.0 | 1.12 | -2.61 | 0.0 | 19.93 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | -0.68 | 2.86 | 0.0 | -0.68 | 2.86 | 0.0 | -1.21 | 7.63 | 0.0 | -1.89 | 5.97 | 0.0 | 0.05 | -1.9 | 0.0 |
