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) | 7.85 | -26.77 | 21.69 | 5.29 | 13.9 | 11.83 | 0 | 0 | 65.99 | -10.08 | 3.27 | -47.6 | 26.44 | -10.37 | 40.07 | -0.32 | 33.37 | -3.42 | 3.36 | 2.13 | 68.09 | 0.96 | 0.08 | 0.0 | 27.95 | 0.0 | 7.89 | 8.83 | 0.95 | 58.33 | 13.23 | -13.59 | 22.07 | -4.71 | -1.13 | 0 | 12.1 | -15.74 | 0.01 | -4.93 |
| 2022 (9) | 10.72 | 13.08 | 20.6 | 56.06 | 12.43 | 7.16 | 0 | 0 | 73.39 | 9.77 | 6.24 | 82.46 | 29.5 | 9.62 | 40.20 | -0.13 | 34.55 | 13.02 | 3.29 | -5.73 | 67.44 | 30.37 | 0.08 | 14.29 | 27.95 | 0.0 | 7.25 | 5.07 | 0.6 | 25.0 | 15.31 | 16.25 | 23.16 | 12.76 | -0.95 | 0 | 14.36 | 14.24 | 0.01 | 1.44 |
| 2021 (8) | 9.48 | 19.1 | 13.2 | -36.81 | 11.6 | -46.2 | 0 | 0 | 66.86 | 28.31 | 3.42 | 19.58 | 26.91 | 20.46 | 40.25 | -6.12 | 30.57 | 61.06 | 3.49 | 8.05 | 51.73 | 2.58 | 0.07 | 0.0 | 27.95 | 9.82 | 6.9 | 4.55 | 0.48 | 0.0 | 13.17 | 7.25 | 20.54 | 6.1 | -0.6 | 0 | 12.57 | 5.36 | 0.01 | 64.19 |
| 2020 (7) | 7.96 | 51.04 | 20.89 | 86.52 | 21.56 | 33.75 | 0 | 0 | 52.11 | -12.68 | 2.86 | -55.93 | 22.34 | -0.31 | 42.87 | 14.17 | 18.98 | 0.74 | 3.23 | 1.57 | 50.43 | -3.34 | 0.07 | -50.0 | 25.45 | -0.2 | 6.6 | 11.3 | 0.48 | 100.0 | 12.28 | -19.95 | 19.36 | -10.0 | -0.35 | 0 | 11.93 | -19.72 | 0.01 | -0.29 |
| 2019 (6) | 5.27 | -59.34 | 11.2 | -21.62 | 16.12 | 147.62 | 0 | 0 | 59.68 | -16.57 | 6.49 | -47.53 | 22.41 | 11.66 | 37.55 | 33.83 | 18.84 | 7.29 | 3.18 | -6.47 | 52.17 | 25.17 | 0.14 | 0.0 | 25.5 | 0.0 | 5.93 | 26.17 | 0.24 | 0 | 15.34 | -19.48 | 21.51 | -9.43 | -0.48 | 0 | 14.86 | -21.0 | 0.01 | 7.55 |
| 2018 (5) | 12.96 | 0.47 | 14.29 | 51.54 | 6.51 | -13.43 | 0 | 0 | 71.53 | 6.46 | 12.37 | 2.74 | 20.07 | 20.9 | 28.06 | 13.57 | 17.56 | 5.53 | 3.4 | -2.02 | 41.68 | 26.65 | 0.14 | 40.0 | 25.5 | 0.0 | 4.7 | 34.67 | 0 | 0 | 19.05 | 11.21 | 23.75 | 15.18 | -0.24 | 0 | 18.81 | 7.12 | 0.01 | 6.18 |
| 2017 (4) | 12.9 | -24.3 | 9.43 | -5.89 | 7.52 | 261.54 | 0 | 0 | 67.19 | 16.23 | 12.04 | 7.21 | 16.6 | 40.56 | 24.71 | 20.94 | 16.64 | 32.27 | 3.47 | 2.66 | 32.91 | -2.0 | 0.1 | 100.0 | 25.5 | 8.51 | 3.49 | 47.26 | 0 | 0 | 17.13 | 12.7 | 20.62 | 17.36 | 0.43 | 38.71 | 17.56 | 13.22 | 0.01 | -36.56 |
| 2016 (3) | 17.04 | 148.76 | 10.02 | 83.85 | 2.08 | -16.13 | 0 | 0 | 57.81 | 9.1 | 11.23 | 3.41 | 11.81 | 0.43 | 20.43 | -7.95 | 12.58 | -1.18 | 3.38 | 0.6 | 33.58 | 33.04 | 0.05 | 25.0 | 23.5 | 0.0 | 2.37 | 85.16 | 0 | 0 | 15.2 | 18.66 | 17.57 | 24.7 | 0.31 | -32.61 | 15.51 | 16.88 | 0.01 | -9.75 |
| 2015 (2) | 6.85 | 23.87 | 5.45 | 35.91 | 2.48 | 54.04 | 0 | 0 | 52.99 | 25.09 | 10.86 | 52.53 | 11.76 | 26.59 | 22.19 | 1.19 | 12.73 | 6.62 | 3.36 | -0.59 | 25.24 | 33.69 | 0.04 | 100.0 | 23.5 | 0.0 | 1.28 | 124.56 | 0 | 0 | 12.81 | 65.29 | 14.09 | 69.35 | 0.46 | -2.13 | 13.27 | 61.44 | 0.01 | -16.51 |
| 2014 (1) | 5.53 | 57.1 | 4.01 | 6.93 | 1.61 | -19.5 | 0 | 0 | 42.36 | 13.75 | 7.12 | 65.2 | 9.29 | 7.9 | 21.93 | -5.14 | 11.94 | 11.38 | 3.38 | 9.39 | 18.88 | 6.13 | 0.02 | -77.78 | 23.5 | 4.82 | 0.57 | 147.83 | 0 | 0 | 7.75 | 126.61 | 8.32 | 103.92 | 0.47 | -17.54 | 8.22 | 106.02 | 0.02 | -16.36 |
| 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) | 8.17 | -17.64 | -22.49 | 28.44 | -0.97 | 33.58 | 14.77 | -1.14 | 55.15 | 0 | 0 | 0 | 14.57 | -11.48 | -6.84 | -0.84 | -295.35 | -174.34 | 29.6 | -1.14 | 7.21 | 48.29 | 0.59 | 20.08 | 28.84 | -3.61 | -15.65 | 5.01 | 64.26 | 43.97 | 69.77 | 17.56 | -3.14 | 0.07 | 16.67 | -12.5 | 27.95 | 0.0 | 0.0 | 8.23 | 0.0 | 4.31 | 1.13 | 0.0 | 18.95 | 10.4 | -7.47 | -25.82 | 19.75 | -4.13 | -13.6 | -0.42 | -10.53 | 57.58 | 9.98 | -8.1 | -23.41 | 0.01 | 0.15 | 5.39 |
| 24Q2 (19) | 9.92 | 3.33 | 56.22 | 28.72 | 11.66 | 50.6 | 14.94 | 5.58 | 33.04 | 0 | 0 | 0 | 16.46 | 10.69 | -7.63 | 0.43 | -51.69 | -80.0 | 29.94 | -3.01 | 0.37 | 48.01 | -0.9 | 17.82 | 29.92 | -8.81 | -15.41 | 3.05 | -6.44 | -12.1 | 59.35 | -10.66 | -11.02 | 0.06 | -14.29 | 0.0 | 27.95 | 0.0 | 0.0 | 8.23 | 4.31 | 4.31 | 1.13 | 18.95 | 18.95 | 11.24 | -20.34 | -12.73 | 20.6 | -10.28 | -5.2 | -0.38 | 38.71 | 53.66 | 10.86 | -19.5 | -9.95 | 0.01 | 7.55 | 3.24 |
| 24Q1 (18) | 9.6 | 22.29 | -1.23 | 25.72 | 18.58 | 26.64 | 14.15 | 1.8 | 19.51 | 0 | 0 | 0 | 14.87 | -3.38 | -13.24 | 0.89 | 207.23 | 7.23 | 30.87 | 16.75 | 9.86 | 48.45 | 20.91 | 28.75 | 32.81 | -1.68 | -8.35 | 3.26 | -2.98 | -3.55 | 66.43 | -2.44 | -0.81 | 0.07 | -12.5 | 0.0 | 27.95 | 0.0 | 0.0 | 7.89 | 0.0 | 8.83 | 0.95 | 0.0 | 58.33 | 14.11 | 6.65 | -12.58 | 22.96 | 4.03 | -4.33 | -0.62 | 45.13 | 35.42 | 13.49 | 11.49 | -11.13 | 0.01 | -1.55 | -6.28 |
| 23Q4 (17) | 7.85 | -25.52 | -26.77 | 21.69 | 1.88 | 5.29 | 13.9 | 46.01 | 11.83 | 0 | 0 | 0 | 15.39 | -1.6 | -14.74 | -0.83 | -173.45 | -197.65 | 26.44 | -4.24 | -10.37 | 40.07 | -0.38 | -0.32 | 33.37 | -2.4 | -3.42 | 3.36 | -3.45 | 2.13 | 68.09 | -5.47 | 0.96 | 0.08 | 0.0 | 0.0 | 27.95 | 0.0 | 0.0 | 7.89 | 0.0 | 8.83 | 0.95 | 0.0 | 58.33 | 13.23 | -5.63 | -13.59 | 22.07 | -3.46 | -4.71 | -1.13 | -14.14 | -18.95 | 12.1 | -7.14 | -15.74 | 0.01 | -0.62 | -4.93 |
| 23Q3 (16) | 10.54 | 65.98 | 82.99 | 21.29 | 11.64 | 6.34 | 9.52 | -15.23 | -17.79 | 0 | 0 | 0 | 15.64 | -12.23 | -22.54 | 1.13 | -47.44 | -65.34 | 27.61 | -7.44 | -16.84 | 40.22 | -1.31 | -12.62 | 34.19 | -3.34 | -1.47 | 3.48 | 0.29 | -2.79 | 72.03 | 7.99 | 15.99 | 0.08 | 33.33 | 60.0 | 27.95 | 0.0 | 0.0 | 7.89 | 0.0 | 8.83 | 0.95 | 0.0 | 58.33 | 14.02 | 8.85 | -2.09 | 22.86 | 5.2 | 3.07 | -0.99 | -20.73 | -90.38 | 13.03 | 8.04 | -5.58 | 0.01 | -1.89 | -4.92 |
| 23Q2 (15) | 6.35 | -34.67 | -3.79 | 19.07 | -6.11 | 30.71 | 11.23 | -5.15 | 23.0 | 0 | 0 | 0 | 17.82 | 3.97 | -7.67 | 2.15 | 159.04 | 15.59 | 29.83 | 6.16 | -0.23 | 40.75 | 8.3 | -5.25 | 35.37 | -1.2 | 0.17 | 3.47 | 2.66 | 8.1 | 66.7 | -0.4 | 7.01 | 0.06 | -14.29 | 20.0 | 27.95 | 0.0 | 0.0 | 7.89 | 8.83 | 8.83 | 0.95 | 58.33 | 58.33 | 12.88 | -20.2 | 16.46 | 21.73 | -9.46 | 14.85 | -0.82 | 14.58 | 8.89 | 12.06 | -20.55 | 18.7 | 0.01 | -2.36 | -5.57 |
| 23Q1 (14) | 9.72 | -9.33 | 89.11 | 20.31 | -1.41 | 64.05 | 11.84 | -4.75 | 18.88 | 0 | 0 | 0 | 17.14 | -5.04 | 8.14 | 0.83 | -2.35 | 207.41 | 28.1 | -4.75 | 8.08 | 37.63 | -6.39 | -3.07 | 35.8 | 3.62 | 6.11 | 3.38 | 2.74 | -0.88 | 66.97 | -0.7 | 16.01 | 0.07 | -12.5 | 0.0 | 27.95 | 0.0 | 0.0 | 7.25 | 0.0 | 5.07 | 0.6 | 0.0 | 25.0 | 16.14 | 5.42 | 19.64 | 24.0 | 3.63 | 15.0 | -0.96 | -1.05 | -84.62 | 15.18 | 5.71 | 17.04 | 0.01 | -0.13 | 0.96 |
| 22Q4 (13) | 10.72 | 86.11 | 13.08 | 20.6 | 2.9 | 56.06 | 12.43 | 7.34 | 7.16 | 0 | 0 | 0 | 18.05 | -10.6 | 7.5 | 0.85 | -73.93 | 466.67 | 29.5 | -11.14 | 9.62 | 40.20 | -12.67 | -0.13 | 34.55 | -0.43 | 13.02 | 3.29 | -8.1 | -5.73 | 67.44 | 8.6 | 30.37 | 0.08 | 60.0 | 14.29 | 27.95 | 0.0 | 0.0 | 7.25 | 0.0 | 5.07 | 0.6 | 0.0 | 25.0 | 15.31 | 6.91 | 16.25 | 23.16 | 4.42 | 12.76 | -0.95 | -82.69 | -58.33 | 14.36 | 4.06 | 14.24 | 0.01 | -0.61 | 1.44 |
| 22Q3 (12) | 5.76 | -12.73 | -42.63 | 20.02 | 37.22 | 130.65 | 11.58 | 26.83 | 22.28 | 0 | 0 | 0 | 20.19 | 4.61 | 14.85 | 3.26 | 75.27 | 78.14 | 33.2 | 11.04 | 32.27 | 46.03 | 7.02 | 23.43 | 34.7 | -1.73 | 35.07 | 3.58 | 11.53 | 2.58 | 62.1 | -0.37 | 17.95 | 0.05 | 0.0 | -16.67 | 27.95 | 0.0 | 0.0 | 7.25 | 0.0 | 5.07 | 0.6 | 0.0 | 25.0 | 14.32 | 29.48 | 10.49 | 22.18 | 17.23 | 9.05 | -0.52 | 42.22 | 5.45 | 13.8 | 35.83 | 11.2 | 0.01 | -2.56 | 122.44 |
| 22Q2 (11) | 6.6 | 28.4 | -17.81 | 14.59 | 17.85 | 46.19 | 9.13 | -8.33 | 3.28 | 0 | 0 | 0 | 19.3 | 21.77 | 15.16 | 1.86 | 588.89 | 108.99 | 29.9 | 15.0 | 27.34 | 43.01 | 10.8 | 14.89 | 35.31 | 4.65 | 67.27 | 3.21 | -5.87 | -3.89 | 62.33 | 7.97 | 14.75 | 0.05 | -28.57 | -16.67 | 27.95 | 0.0 | 0.0 | 7.25 | 5.07 | 9.85 | 0.6 | 25.0 | 25.0 | 11.06 | -18.01 | -19.68 | 18.92 | -9.34 | -9.3 | -0.9 | -73.08 | -309.09 | 10.16 | -21.67 | -25.02 | 0.01 | 4.38 | 136.72 |
| 22Q1 (10) | 5.14 | -45.78 | -27.91 | 12.38 | -6.21 | 23.55 | 9.96 | -14.14 | 11.41 | 0 | 0 | 0 | 15.85 | -5.6 | 0.76 | 0.27 | 80.0 | -50.91 | 26.0 | -3.38 | 13.94 | 38.82 | -3.55 | -8.59 | 33.74 | 10.37 | 77.21 | 3.41 | -2.29 | 2.71 | 57.73 | 11.6 | 6.73 | 0.07 | 0.0 | 0.0 | 27.95 | 0.0 | 0.0 | 6.9 | 0.0 | 4.55 | 0.48 | 0.0 | 0.0 | 13.49 | 2.43 | 4.74 | 20.87 | 1.61 | 4.51 | -0.52 | 13.33 | -147.62 | 12.97 | 3.18 | 2.37 | 0.01 | 0.34 | 124.54 |
| 21Q4 (9) | 9.48 | -5.58 | 19.1 | 13.2 | 52.07 | -36.81 | 11.6 | 22.49 | -46.2 | 0 | 0 | 0 | 16.79 | -4.49 | -2.61 | 0.15 | -91.8 | -87.8 | 26.91 | 7.21 | 20.46 | 40.25 | 7.93 | -6.1 | 30.57 | 19.0 | 61.06 | 3.49 | 0.0 | 8.05 | 51.73 | -1.75 | 2.58 | 0.07 | 16.67 | 0.0 | 27.95 | 0.0 | 9.82 | 6.9 | 0.0 | 4.55 | 0.48 | 0.0 | 0.0 | 13.17 | 1.62 | 7.25 | 20.54 | 0.98 | 6.1 | -0.6 | -9.09 | -71.43 | 12.57 | 1.29 | 5.36 | 0.01 | 117.94 | 64.19 |
| 21Q3 (8) | 10.04 | 25.03 | 86.27 | 8.68 | -13.03 | -60.67 | 9.47 | 7.13 | -55.03 | 0 | 0 | 0 | 17.58 | 4.89 | 35.33 | 1.83 | 105.62 | 325.58 | 25.1 | 6.9 | 12.86 | 37.29 | -0.39 | -17.15 | 25.69 | 21.7 | 25.68 | 3.49 | 4.49 | 11.5 | 52.65 | -3.07 | 0.98 | 0.06 | 0.0 | -33.33 | 27.95 | 0.0 | 9.82 | 6.9 | 4.55 | 4.55 | 0.48 | 0.0 | 0.0 | 12.96 | -5.88 | 18.03 | 20.34 | -2.49 | 12.56 | -0.55 | -150.0 | -27.91 | 12.41 | -8.41 | 17.63 | 0.01 | 3.7 | -25.15 |
| 21Q2 (7) | 8.03 | 12.62 | 72.69 | 9.98 | -0.4 | -40.77 | 8.84 | -1.12 | 0 | 0 | 0 | 0 | 16.76 | 6.55 | 115.42 | 0.89 | 61.82 | 486.96 | 23.48 | 2.89 | 29.44 | 37.44 | -11.84 | 0 | 21.11 | 10.87 | 0.29 | 3.34 | 0.6 | 4.05 | 54.32 | 0.43 | -3.33 | 0.06 | -14.29 | -50.0 | 27.95 | 0.0 | 9.61 | 6.6 | 0.0 | 0.0 | 0.48 | 0.0 | 0.0 | 13.77 | 6.91 | 30.77 | 20.86 | 4.46 | 18.39 | -0.22 | -4.76 | -214.29 | 13.55 | 6.95 | 29.54 | 0.01 | -0.99 | -29.24 |
| 21Q1 (6) | 7.13 | -10.43 | 51.38 | 10.02 | -52.03 | -23.34 | 8.94 | -58.53 | 0 | 0 | 0 | 0 | 15.73 | -8.76 | 11.48 | 0.55 | -55.28 | -61.81 | 22.82 | 2.15 | -2.98 | 42.46 | -0.93 | 0 | 19.04 | 0.32 | -0.16 | 3.32 | 2.79 | 18.57 | 54.09 | 7.26 | -8.35 | 0.07 | 0.0 | -46.15 | 27.95 | 9.82 | 9.61 | 6.6 | 0.0 | 11.3 | 0.48 | 0.0 | 100.0 | 12.88 | 4.89 | -23.24 | 19.97 | 3.15 | -12.98 | -0.21 | 40.0 | 75.86 | 12.67 | 6.2 | -20.36 | 0.01 | -26.63 | -25.98 |
| 20Q4 (5) | 7.96 | 47.68 | 51.04 | 20.89 | -5.35 | 86.52 | 21.56 | 2.37 | 0 | 0 | 0 | 0 | 17.24 | 32.72 | 18.65 | 1.23 | 186.05 | 43.02 | 22.34 | 0.45 | -0.31 | 42.86 | -4.77 | 0 | 18.98 | -7.14 | 0.74 | 3.23 | 3.19 | 1.57 | 50.43 | -3.28 | -3.34 | 0.07 | -22.22 | -50.0 | 25.45 | 0.0 | -0.2 | 6.6 | 0.0 | 11.3 | 0.48 | 0.0 | 100.0 | 12.28 | 11.84 | -19.95 | 19.36 | 7.14 | -10.0 | -0.35 | 18.6 | 27.08 | 11.93 | 13.08 | -19.72 | 0.01 | -0.64 | -0.29 |
| 20Q3 (4) | 5.39 | 15.91 | 0.0 | 22.07 | 30.98 | 0.0 | 21.06 | 0 | 0.0 | 0 | 0 | 0.0 | 12.99 | 66.97 | 0.0 | 0.43 | 286.96 | 0.0 | 22.24 | 22.6 | 0.0 | 45.01 | 0 | 0.0 | 20.44 | -2.9 | 0.0 | 3.13 | -2.49 | 0.0 | 52.14 | -7.21 | 0.0 | 0.09 | -25.0 | 0.0 | 25.45 | -0.2 | 0.0 | 6.6 | 0.0 | 0.0 | 0.48 | 0.0 | 0.0 | 10.98 | 4.27 | 0.0 | 18.07 | 2.55 | 0.0 | -0.43 | -514.29 | 0.0 | 10.55 | 0.86 | 0.0 | 0.01 | -1.98 | 0.0 |
