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) | 8.66 | -23.5 | 15.77 | -19.34 | 0 | 0 | 0 | 0 | 23.62 | -23.83 | 2.11 | -40.4 | 5.52 | -37.06 | 23.37 | -17.37 | 14.49 | -9.83 | 1.17 | 6.36 | 0 | 0 | 0.13 | 30.0 | 9.66 | 0.0 | 5.63 | 6.83 | 0.98 | 0.0 | 16.07 | 0.69 | 22.68 | 2.12 | -0.35 | 0 | 15.72 | 0.38 | 0.03 | -19.44 |
| 2022 (9) | 11.32 | 20.68 | 19.55 | 46.33 | 0 | 0 | 0 | 0 | 31.01 | -14.6 | 3.54 | 170.23 | 8.77 | 10.73 | 28.28 | 29.66 | 16.07 | 3.68 | 1.1 | 13.4 | 0 | 0 | 0.1 | -16.67 | 9.66 | 0.0 | 5.27 | 2.53 | 0.98 | 0.0 | 15.96 | 16.75 | 22.21 | 12.23 | -0.3 | 0 | 15.66 | 17.3 | 0.03 | -8.66 |
| 2021 (8) | 9.38 | 3.3 | 13.36 | 20.58 | 0 | 0 | 0 | 0 | 36.31 | 17.36 | 1.31 | -65.44 | 7.92 | -16.81 | 21.81 | -29.11 | 15.5 | 15.16 | 0.97 | 14.12 | 0.63 | 6200.0 | 0.12 | 20.0 | 9.66 | 0.0 | 5.14 | 7.98 | 0.98 | 0.0 | 13.67 | -6.75 | 19.79 | -2.94 | -0.32 | 0 | 13.35 | -5.39 | 0.04 | -4.95 |
| 2020 (7) | 9.08 | -24.08 | 11.08 | -41.41 | 0 | 0 | 0 | 0 | 30.94 | -9.48 | 3.79 | 218.49 | 9.52 | 8.18 | 30.77 | 19.51 | 13.46 | -20.73 | 0.85 | -2.3 | 0.01 | 0 | 0.1 | -16.67 | 9.66 | 0.0 | 4.76 | 2.59 | 0.98 | 46.27 | 14.66 | 22.78 | 20.39 | 18.27 | -0.55 | 0 | 14.11 | 26.66 | 0.04 | -21.39 |
| 2019 (6) | 11.96 | 4.64 | 18.91 | -9.17 | 0.8 | -20.0 | 0 | 0 | 34.18 | -29.86 | 1.19 | -64.26 | 8.8 | -40.94 | 25.75 | -15.8 | 16.98 | -23.86 | 0.87 | 0.0 | 0 | 0 | 0.12 | -14.29 | 9.66 | 0.0 | 4.64 | 7.91 | 0.67 | 21.82 | 11.94 | -9.13 | 17.24 | -4.17 | -0.8 | 0 | 11.14 | -11.94 | 0.05 | -5.33 |
| 2018 (5) | 11.43 | -10.49 | 20.82 | 27.5 | 1.0 | 11.11 | 0 | 0 | 48.73 | 15.15 | 3.33 | 89.2 | 14.9 | 0.47 | 30.58 | -12.74 | 22.3 | 15.6 | 0.87 | 4.82 | 0.78 | -42.65 | 0.14 | 0.0 | 9.66 | 0.0 | 4.3 | 4.12 | 0.55 | 205.56 | 13.14 | 13.67 | 17.99 | 13.43 | -0.49 | 0 | 12.65 | 13.05 | 0.05 | -7.46 |
| 2017 (4) | 12.77 | 14.73 | 16.33 | 44.39 | 0.9 | 130.77 | 0 | 0 | 42.32 | 16.36 | 1.76 | 28.47 | 14.83 | 19.5 | 35.04 | 2.7 | 19.29 | 9.04 | 0.83 | 0.0 | 1.36 | -71.73 | 0.14 | 133.33 | 9.66 | 0.0 | 4.13 | 3.51 | 0.18 | 0.0 | 11.56 | 9.37 | 15.86 | 7.6 | -0.37 | 0 | 11.19 | 8.64 | 0.06 | -4.54 |
| 2016 (3) | 11.13 | 6.92 | 11.31 | -30.74 | 0.39 | -22.0 | 0 | 0 | 36.37 | -4.47 | 1.37 | -50.0 | 12.41 | -19.73 | 34.12 | -15.98 | 17.69 | -3.28 | 0.83 | 6.41 | 4.81 | 20.55 | 0.06 | -25.0 | 9.66 | 5.0 | 3.99 | 7.26 | 0.18 | 0.0 | 10.57 | 1.73 | 14.74 | 3.22 | -0.27 | 0 | 10.3 | -2.92 | 0.06 | -5.65 |
| 2015 (2) | 10.41 | 25.27 | 16.33 | 35.52 | 0.5 | -60.94 | 0 | 0 | 38.07 | -2.71 | 2.74 | 0.37 | 15.46 | 1.38 | 40.61 | 4.2 | 18.29 | 6.83 | 0.78 | 0.0 | 3.99 | 34.8 | 0.08 | 14.29 | 9.2 | 0.0 | 3.72 | 8.14 | 0.18 | 0.0 | 10.39 | 4.53 | 14.28 | 5.31 | 0.22 | -29.03 | 10.61 | 3.51 | 0.06 | 28.73 |
| 2014 (1) | 8.31 | 28.24 | 12.05 | 43.45 | 1.28 | 265.71 | 0 | 0 | 39.13 | 30.74 | 2.73 | 15.68 | 15.25 | 56.57 | 38.97 | 19.76 | 17.12 | 12.63 | 0.78 | 30.0 | 2.96 | -8.64 | 0.07 | 0.0 | 9.2 | 0.0 | 3.44 | 7.17 | 0.18 | 0.0 | 9.94 | 6.65 | 13.56 | 6.69 | 0.31 | 158.33 | 10.25 | 8.58 | 0.05 | 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) | 6.49 | -10.24 | 7.63 | 16.34 | 0.62 | 19.27 | 0 | 0 | 0 | 0 | 0 | 0 | 5.7 | 24.45 | -13.77 | 0.57 | 18.75 | -63.92 | 4.61 | -1.91 | -29.73 | 24.34 | 2.8 | -6.24 | 15.41 | -9.72 | 0.26 | 1.36 | -0.73 | 12.4 | 0 | 0 | 0 | 0.18 | -5.26 | 38.46 | 9.66 | 0.0 | 0.0 | 5.83 | 0.0 | 3.55 | 0.98 | 0.0 | 0.0 | 15.63 | 3.72 | -2.07 | 22.45 | 2.61 | -0.53 | 0.01 | 109.09 | 105.26 | 15.64 | 4.55 | -0.82 | 0.03 | -0.97 | -8.77 |
| 24Q2 (19) | 7.23 | 11.92 | 29.8 | 16.24 | 3.24 | 15.5 | 0 | 0 | 0 | 0 | 0 | 0 | 4.58 | 26.17 | -30.5 | 0.48 | 182.35 | 92.0 | 4.7 | -15.62 | -28.79 | 23.68 | -7.08 | 5.01 | 17.07 | 2.83 | 5.76 | 1.37 | 13.22 | 19.13 | 0 | 0 | 0 | 0.19 | 46.15 | 46.15 | 9.66 | 0.0 | 0.0 | 5.83 | 3.55 | 3.55 | 0.98 | 0.0 | 0.0 | 15.07 | -7.2 | 4.65 | 21.88 | -4.25 | 4.14 | -0.11 | 45.0 | 75.0 | 14.96 | -6.73 | 7.16 | 0.03 | 1.57 | -11.95 |
| 24Q1 (18) | 6.46 | -25.4 | -37.76 | 15.73 | -0.25 | -14.18 | 0 | 0 | 0 | 0 | 0 | 0 | 3.63 | -27.83 | -32.65 | 0.17 | 21.43 | 13.33 | 5.57 | 0.91 | -19.51 | 25.48 | 9.03 | 10.98 | 16.6 | 14.56 | 3.62 | 1.21 | 3.42 | 10.0 | 0 | 0 | 0 | 0.13 | 0.0 | 18.18 | 9.66 | 0.0 | 0.0 | 5.63 | 0.0 | 6.83 | 0.98 | 0.0 | 0.0 | 16.24 | 1.06 | 0.87 | 22.85 | 0.75 | 2.19 | -0.2 | 42.86 | 25.93 | 16.04 | 2.04 | 1.33 | 0.03 | -1.96 | -11.73 |
| 23Q4 (17) | 8.66 | 43.62 | -23.5 | 15.77 | 15.11 | -19.34 | 0 | 0 | 0 | 0 | 0 | 0 | 5.03 | -23.9 | -24.7 | 0.14 | -91.14 | -48.15 | 5.52 | -15.85 | -37.06 | 23.37 | -9.98 | -17.39 | 14.49 | -5.73 | -9.83 | 1.17 | -3.31 | 6.36 | 0 | 0 | 0 | 0.13 | 0.0 | 30.0 | 9.66 | 0.0 | 0.0 | 5.63 | 0.0 | 6.83 | 0.98 | 0.0 | 0.0 | 16.07 | 0.69 | 0.69 | 22.68 | 0.49 | 2.12 | -0.35 | -84.21 | -16.67 | 15.72 | -0.32 | 0.38 | 0.03 | -7.49 | -19.44 |
| 23Q3 (16) | 6.03 | 8.26 | -50.29 | 13.7 | -2.56 | -32.45 | 0 | 0 | 0 | 0 | 0 | 0 | 6.61 | 0.3 | -37.7 | 1.58 | 532.0 | 8.22 | 6.56 | -0.61 | -36.0 | 25.96 | 15.13 | -14.47 | 15.37 | -4.77 | -2.16 | 1.21 | 5.22 | 6.14 | 0 | 0 | 0 | 0.13 | 0.0 | 18.18 | 9.66 | 0.0 | 0.0 | 5.63 | 0.0 | 6.83 | 0.98 | 0.0 | 0.0 | 15.96 | 10.83 | 1.92 | 22.57 | 7.43 | 3.01 | -0.19 | 56.82 | -11.76 | 15.77 | 12.97 | 1.81 | 0.03 | -4.41 | -14.78 |
| 23Q2 (15) | 5.57 | -46.34 | -45.34 | 14.06 | -23.3 | -15.81 | 0 | 0 | 0 | 0 | 0 | 0 | 6.59 | 22.26 | -11.66 | 0.25 | 66.67 | -78.81 | 6.6 | -4.62 | -14.4 | 22.55 | -1.79 | -5.39 | 16.14 | 0.75 | -7.93 | 1.15 | 4.55 | 7.48 | 0 | 0 | -100.0 | 0.13 | 18.18 | 8.33 | 9.66 | 0.0 | 0.0 | 5.63 | 6.83 | 6.83 | 0.98 | 0.0 | 0.0 | 14.4 | -10.56 | 1.48 | 21.01 | -6.04 | 2.74 | -0.44 | -62.96 | -91.3 | 13.96 | -11.81 | 0.0 | 0.03 | 1.82 | -14.89 |
| 23Q1 (14) | 10.38 | -8.3 | 45.79 | 18.33 | -6.24 | 26.5 | 0 | 0 | 0 | 0 | 0 | 0 | 5.39 | -19.31 | -13.76 | 0.15 | -44.44 | -75.81 | 6.92 | -21.09 | -8.71 | 22.96 | -18.84 | 4.56 | 16.02 | -0.31 | -4.87 | 1.1 | 0.0 | 5.77 | 0 | 0 | -100.0 | 0.11 | 10.0 | -8.33 | 9.66 | 0.0 | 0.0 | 5.27 | 0.0 | 2.53 | 0.98 | 0.0 | 0.0 | 16.1 | 0.88 | 12.59 | 22.36 | 0.68 | 9.5 | -0.27 | 10.0 | -200.0 | 15.83 | 1.09 | 11.4 | 0.03 | -10.53 | -18.68 |
| 22Q4 (13) | 11.32 | -6.68 | 20.68 | 19.55 | -3.6 | 46.33 | 0 | 0 | 0 | 0 | 0 | 0 | 6.68 | -37.04 | -29.31 | 0.27 | -81.51 | -20.59 | 8.77 | -14.44 | 10.73 | 28.29 | -6.79 | 29.7 | 16.07 | 2.29 | 3.68 | 1.1 | -3.51 | 13.4 | 0 | 0 | -100.0 | 0.1 | -9.09 | -16.67 | 9.66 | 0.0 | 0.0 | 5.27 | 0.0 | 2.53 | 0.98 | 0.0 | 0.0 | 15.96 | 1.92 | 16.75 | 22.21 | 1.37 | 12.23 | -0.3 | -76.47 | 6.25 | 15.66 | 1.1 | 17.3 | 0.03 | -2.13 | -8.66 |
| 22Q3 (12) | 12.13 | 19.04 | 70.13 | 20.28 | 21.44 | 114.15 | 0 | 0 | 0 | 0 | 0 | 0 | 10.61 | 42.23 | 15.45 | 1.46 | 23.73 | 4766.67 | 10.25 | 32.94 | 25.92 | 30.35 | 27.35 | 31.92 | 15.71 | -10.38 | 0.77 | 1.14 | 6.54 | 18.75 | 0 | -100.0 | -100.0 | 0.11 | -8.33 | 0.0 | 9.66 | 0.0 | 0.0 | 5.27 | 0.0 | 2.53 | 0.98 | 0.0 | 0.0 | 15.66 | 10.36 | 17.57 | 21.91 | 7.14 | 12.71 | -0.17 | 26.09 | 67.92 | 15.49 | 10.96 | 21.11 | 0.04 | -4.53 | -9.03 |
| 22Q2 (11) | 10.19 | 43.12 | -3.04 | 16.7 | 15.25 | 90.21 | 0 | 0 | 0 | 0 | 0 | 0 | 7.46 | 19.36 | -22.53 | 1.18 | 90.32 | 68.57 | 7.71 | 1.72 | -16.83 | 23.83 | 8.54 | -12.46 | 17.53 | 4.1 | 20.73 | 1.07 | 2.88 | 24.42 | 0.02 | 0.0 | 0.0 | 0.12 | 0.0 | 33.33 | 9.66 | 0.0 | 0.0 | 5.27 | 2.53 | 10.71 | 0.98 | 0.0 | 0.0 | 14.19 | -0.77 | -8.98 | 20.45 | 0.15 | -4.13 | -0.23 | -155.56 | 66.67 | 13.96 | -1.76 | -6.31 | 0.04 | -2.72 | -0.32 |
| 22Q1 (10) | 7.12 | -24.09 | -0.42 | 14.49 | 8.46 | 48.92 | 0 | 0 | 0 | 0 | 0 | 0 | 6.25 | -33.86 | -22.26 | 0.62 | 82.35 | 158.33 | 7.58 | -4.29 | -23.51 | 21.96 | 0.67 | -26.72 | 16.84 | 8.65 | 20.03 | 1.04 | 7.22 | 19.54 | 0.02 | -96.83 | 100.0 | 0.12 | 0.0 | 33.33 | 9.66 | 0.0 | 0.0 | 5.14 | 0.0 | 7.98 | 0.98 | 0.0 | 0.0 | 14.3 | 4.61 | -3.96 | 20.42 | 3.18 | -1.02 | -0.09 | 71.88 | 85.0 | 14.21 | 6.44 | -0.56 | 0.04 | 0.5 | -1.75 |
| 21Q4 (9) | 9.38 | 31.56 | 3.3 | 13.36 | 41.08 | 20.58 | 0 | 0 | 0 | 0 | 0 | 0 | 9.45 | 2.83 | 10.92 | 0.34 | 1033.33 | 100.0 | 7.92 | -2.7 | -16.81 | 21.81 | -5.19 | -29.11 | 15.5 | -0.58 | 15.16 | 0.97 | 1.04 | 14.12 | 0.63 | 3050.0 | 6200.0 | 0.12 | 9.09 | 20.0 | 9.66 | 0.0 | 0.0 | 5.14 | 0.0 | 7.98 | 0.98 | 0.0 | 0.0 | 13.67 | 2.63 | -6.75 | 19.79 | 1.8 | -2.94 | -0.32 | 39.62 | 41.82 | 13.35 | 4.38 | -5.39 | 0.04 | -2.53 | -4.95 |
| 21Q3 (8) | 7.13 | -32.16 | -29.13 | 9.47 | 7.86 | -27.77 | 0 | 0 | 0 | 0 | 0 | 0 | 9.19 | -4.57 | 16.92 | 0.03 | -95.71 | -85.71 | 8.14 | -12.19 | -21.2 | 23.01 | -15.49 | -31.82 | 15.59 | 7.37 | 6.27 | 0.96 | 11.63 | 10.34 | 0.02 | 0.0 | 100.0 | 0.11 | 22.22 | 10.0 | 9.66 | 0.0 | 0.0 | 5.14 | 7.98 | 7.98 | 0.98 | 0.0 | 0.0 | 13.32 | -14.56 | -7.82 | 19.44 | -8.86 | -3.71 | -0.53 | 23.19 | 27.4 | 12.79 | -14.16 | -6.78 | 0.04 | 4.61 | -2.16 |
| 21Q2 (7) | 10.51 | 46.99 | -33.48 | 8.78 | -9.76 | -34.33 | 0 | 0 | 0 | 0 | 0 | 0 | 9.63 | 19.78 | 11.33 | 0.7 | 191.67 | 438.46 | 9.27 | -6.46 | -8.13 | 27.22 | -9.15 | 0 | 14.52 | 3.49 | -4.97 | 0.86 | -1.15 | -1.15 | 0.02 | 100.0 | 100.0 | 0.09 | 0.0 | -18.18 | 9.66 | 0.0 | 0.0 | 4.76 | 0.0 | 0.0 | 0.98 | 0.0 | 0.0 | 15.59 | 4.7 | 9.48 | 21.33 | 3.39 | 6.76 | -0.69 | -15.0 | 20.69 | 14.9 | 4.27 | 11.44 | 0.04 | -4.11 | -8.18 |
| 21Q1 (6) | 7.15 | -21.26 | -63.59 | 9.73 | -12.18 | -41.03 | 0 | 0 | -100.0 | 0 | 0 | 0 | 8.04 | -5.63 | 36.04 | 0.24 | 41.18 | -92.68 | 9.91 | 4.1 | 15.1 | 29.97 | -2.61 | 0 | 14.03 | 4.23 | -16.98 | 0.87 | 2.35 | -2.25 | 0.01 | 0.0 | 0 | 0.09 | -10.0 | -18.18 | 9.66 | 0.0 | 0.0 | 4.76 | 0.0 | 2.59 | 0.98 | 0.0 | 46.27 | 14.89 | 1.57 | -2.1 | 20.63 | 1.18 | 0.54 | -0.6 | -9.09 | 31.82 | 14.29 | 1.28 | -0.28 | 0.04 | -2.77 | -62.91 |
| 20Q4 (5) | 9.08 | -9.74 | -24.08 | 11.08 | -15.48 | -41.41 | 0 | 0 | -100.0 | 0 | 0 | 0 | 8.52 | 8.4 | 4.03 | 0.17 | -19.05 | 200.0 | 9.52 | -7.84 | 8.18 | 30.77 | -8.82 | 0 | 13.46 | -8.25 | -20.73 | 0.85 | -2.3 | -2.3 | 0.01 | 0.0 | 0 | 0.1 | 0.0 | -16.67 | 9.66 | 0.0 | 0.0 | 4.76 | 0.0 | 2.59 | 0.98 | 0.0 | 46.27 | 14.66 | 1.45 | 22.78 | 20.39 | 0.99 | 18.27 | -0.55 | 24.66 | 31.25 | 14.11 | 2.84 | 26.66 | 0.04 | 0.33 | -21.39 |
| 20Q3 (4) | 10.06 | -36.33 | 0.0 | 13.11 | -1.94 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 7.86 | -9.13 | 0.0 | 0.21 | 61.54 | 0.0 | 10.33 | 2.38 | 0.0 | 33.75 | 0 | 0.0 | 14.67 | -3.99 | 0.0 | 0.87 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 0.1 | -9.09 | 0.0 | 9.66 | 0.0 | 0.0 | 4.76 | 0.0 | 0.0 | 0.98 | 0.0 | 0.0 | 14.45 | 1.47 | 0.0 | 20.19 | 1.05 | 0.0 | -0.73 | 16.09 | 0.0 | 13.72 | 2.62 | 0.0 | 0.04 | -1.83 | 0.0 |
