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) | 8.6 | 87.36 | 0.2 | -80.0 | 1.09 | -18.66 | 0 | 0 | 11.93 | -33.39 | 2.74 | 66.06 | 2.05 | -52.66 | 17.18 | -28.92 | 3.69 | -31.67 | 0 | 0 | 2.61 | -47.27 | 0.05 | -50.0 | 10.31 | 0.0 | 1.14 | 17.53 | 0.31 | -29.55 | 5.16 | 43.73 | 6.61 | 32.2 | 0 | 0 | 5.16 | 57.32 | 0.00 | 0 |
| 2022 (9) | 4.59 | -17.15 | 1.0 | -54.95 | 1.34 | -10.67 | 0 | 0 | 17.91 | -1.92 | 1.65 | 450.0 | 4.33 | -25.22 | 24.18 | -23.75 | 5.4 | 6.93 | 0 | 0 | 4.95 | -36.13 | 0.1 | -28.57 | 10.31 | 0.0 | 0.97 | 3.19 | 0.44 | 10.0 | 3.59 | 56.77 | 5.0 | 37.74 | -0.31 | 0 | 3.28 | 77.3 | 0.00 | 0 |
| 2021 (8) | 5.54 | 50.14 | 2.22 | -29.52 | 1.5 | 23.97 | 0 | 0 | 18.26 | 3.93 | 0.3 | 200.0 | 5.79 | -7.95 | 31.71 | -11.43 | 5.05 | 17.72 | 0 | 0 | 7.75 | 7.19 | 0.14 | 16.67 | 10.31 | 0.0 | 0.94 | 0.0 | 0.4 | -4.76 | 2.29 | -0.87 | 3.63 | -0.82 | -0.44 | 0 | 1.85 | -3.14 | 0.00 | 0 |
| 2020 (7) | 3.69 | 93.19 | 3.15 | 8.62 | 1.21 | 30.11 | 0 | 0 | 17.57 | -13.15 | 0.1 | -64.29 | 6.29 | -4.41 | 35.80 | 10.06 | 4.29 | -32.86 | 0 | 0 | 7.23 | -16.32 | 0.12 | -20.0 | 10.31 | 0.0 | 0.94 | 3.3 | 0.42 | 50.0 | 2.31 | -21.16 | 3.66 | -11.17 | -0.4 | 0 | 1.91 | -23.9 | 0.00 | 0 |
| 2019 (6) | 1.91 | 11.05 | 2.9 | 1.4 | 0.93 | 30.99 | 0 | 0 | 20.23 | -19.11 | 0.28 | -70.53 | 6.58 | -7.06 | 32.53 | 14.9 | 6.39 | -19.82 | 0 | 0 | 8.64 | -11.2 | 0.15 | 150.0 | 10.31 | 0.0 | 0.91 | 10.98 | 0.28 | 16.67 | 2.93 | -15.8 | 4.12 | -9.25 | -0.42 | 0 | 2.51 | -21.56 | 0.00 | 0 |
| 2018 (5) | 1.72 | 16.22 | 2.86 | 172.38 | 0.71 | -49.65 | 0 | 0 | 25.01 | -25.52 | 0.95 | -50.52 | 7.08 | -22.88 | 28.31 | 3.55 | 7.97 | 1.92 | 0 | 0 | 9.73 | 17.23 | 0.06 | 0.0 | 10.31 | 0.0 | 0.82 | 32.26 | 0.24 | 20.0 | 3.48 | -2.52 | 4.54 | 3.42 | -0.28 | 0 | 3.2 | -3.9 | 0.00 | 0 |
| 2017 (4) | 1.48 | -32.11 | 1.05 | 0.0 | 1.41 | -6.0 | 0 | 0 | 33.58 | 20.32 | 1.92 | 4.35 | 9.18 | 1.21 | 27.34 | -15.88 | 7.82 | 21.24 | 0 | 0 | 8.3 | 25.19 | 0.06 | 20.0 | 10.31 | 0.0 | 0.62 | 40.91 | 0.2 | 0.0 | 3.57 | 15.16 | 4.39 | 17.38 | -0.24 | 0 | 3.33 | 12.5 | 0.00 | 0 |
| 2016 (3) | 2.18 | -6.44 | 1.05 | 250.0 | 1.5 | 455.56 | 0 | 0 | 27.91 | 17.22 | 1.84 | 32.37 | 9.07 | 38.69 | 32.50 | 18.31 | 6.45 | 13.96 | 0 | 0 | 6.63 | 0.15 | 0.05 | 0.0 | 10.31 | 0.0 | 0.44 | 46.67 | 0.2 | 0.0 | 3.1 | 14.39 | 3.74 | 16.51 | -0.14 | 0 | 2.96 | 4.59 | 0.00 | 0 |
| 2015 (2) | 2.33 | 40.36 | 0.3 | -84.46 | 0.27 | -87.78 | 0 | 0 | 23.81 | 6.34 | 1.39 | 18.8 | 6.54 | 3.32 | 27.47 | -2.84 | 5.66 | 1.43 | 0 | 0 | 6.62 | 79.89 | 0.05 | -16.67 | 10.31 | 0.0 | 0.3 | 57.89 | 0.2 | 0.0 | 2.71 | 36.87 | 3.21 | 36.02 | 0.12 | 0.0 | 2.83 | 34.76 | 0.08 | 2.58 |
| 2014 (1) | 1.66 | -22.07 | 1.93 | 328.89 | 2.21 | 268.33 | 0 | 0 | 22.39 | 23.36 | 1.17 | 37.65 | 6.33 | 29.18 | 28.27 | 4.72 | 5.58 | 21.57 | 0 | 0 | 3.68 | -56.24 | 0.06 | 100.0 | 10.31 | 12.55 | 0.19 | 90.0 | 0.2 | 0.0 | 1.98 | 41.43 | 2.36 | 39.64 | 0.12 | 0 | 2.1 | 51.08 | 0.07 | -5.05 |
| 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) | 6.25 | -6.58 | -28.65 | 0.1 | -50.0 | -80.0 | 0.55 | -22.54 | -57.03 | 0 | 0 | 0 | 2.42 | -6.92 | -20.92 | 0.29 | 7.41 | -87.22 | 1.91 | -12.39 | -30.8 | 17.46 | -7.26 | -18.02 | 3.05 | 0.66 | -22.19 | 0 | 0 | 0 | 0.84 | -43.62 | -75.37 | 0.04 | 0.0 | -33.33 | 10.31 | 0.0 | 0.0 | 1.41 | 0.0 | 23.68 | 0 | 0 | -100.0 | 5.18 | 5.93 | -6.33 | 6.59 | 4.6 | -5.59 | 0 | 100.0 | 100.0 | 5.18 | 6.15 | 2.37 | 0.02 | 309.1 | 0 |
| 24Q2 (19) | 6.69 | -26.32 | 87.39 | 0.2 | 0.0 | -75.0 | 0.71 | -21.98 | -42.28 | 0 | 0 | 0 | 2.6 | -15.03 | -1.52 | 0.27 | -65.82 | -49.06 | 2.18 | 10.66 | -16.79 | 18.83 | 11.04 | 2.53 | 3.03 | -7.62 | -22.9 | 0 | 0 | 0 | 1.49 | -34.07 | -66.37 | 0.04 | 0.0 | -42.86 | 10.31 | 0.0 | 0.0 | 1.41 | 23.68 | 23.68 | 0 | -100.0 | -100.0 | 4.89 | 6.77 | 50.0 | 6.3 | 4.48 | 33.76 | -0.01 | 0.0 | 97.22 | 4.88 | 6.78 | 68.28 | 0.00 | -1.55 | 0 |
| 24Q1 (18) | 9.08 | 5.58 | 139.58 | 0.2 | 0.0 | -60.0 | 0.91 | -16.51 | -28.91 | 0 | 0 | 0 | 3.06 | 6.99 | -9.2 | 0.79 | 313.51 | 154.84 | 1.97 | -3.9 | -46.32 | 16.95 | -1.34 | -24.79 | 3.28 | -11.11 | -39.37 | 0 | 0 | 0 | 2.26 | -13.41 | -49.67 | 0.04 | -20.0 | -55.56 | 10.31 | 0.0 | 0.0 | 1.14 | 0.0 | 17.53 | 0.31 | 0.0 | -29.55 | 4.58 | -11.24 | 65.34 | 6.03 | -8.77 | 44.26 | -0.01 | 0 | 96.77 | 4.57 | -11.43 | 85.77 | 0.01 | 0 | 0 |
| 23Q4 (17) | 8.6 | -1.83 | 87.36 | 0.2 | -60.0 | -80.0 | 1.09 | -14.84 | -18.66 | 0 | 0 | 0 | 2.86 | -6.54 | -26.48 | -0.37 | -116.3 | -237.04 | 2.05 | -25.72 | -52.66 | 17.18 | -19.31 | -28.96 | 3.69 | -5.87 | -31.67 | 0 | 0 | 0 | 2.61 | -23.46 | -47.27 | 0.05 | -16.67 | -50.0 | 10.31 | 0.0 | 0.0 | 1.14 | 0.0 | 17.53 | 0.31 | 0.0 | -29.55 | 5.16 | -6.69 | 43.73 | 6.61 | -5.3 | 32.2 | 0 | 100.0 | 100.0 | 5.16 | 1.98 | 57.32 | 0.00 | 0 | 0 |
| 23Q3 (16) | 8.76 | 145.38 | 73.81 | 0.5 | -37.5 | -72.22 | 1.28 | 4.07 | -11.11 | 0 | 0 | 0 | 3.06 | 15.91 | -29.98 | 2.27 | 328.3 | 372.92 | 2.76 | 5.34 | -42.5 | 21.30 | 15.99 | -16.94 | 3.92 | -0.25 | -25.9 | 0 | 0 | 0 | 3.41 | -23.02 | -39.54 | 0.06 | -14.29 | -45.45 | 10.31 | 0.0 | 0.0 | 1.14 | 0.0 | 17.53 | 0.31 | 0.0 | -29.55 | 5.53 | 69.63 | 67.58 | 6.98 | 48.2 | 48.2 | -0.47 | -30.56 | -88.0 | 5.06 | 74.48 | 65.9 | 0.00 | 0 | 0 |
| 23Q2 (15) | 3.57 | -5.8 | -36.59 | 0.8 | 60.0 | -70.91 | 1.23 | -3.91 | -18.0 | 0 | 0 | 0 | 2.64 | -21.66 | -43.23 | 0.53 | 70.97 | 17.78 | 2.62 | -28.61 | -47.91 | 18.36 | -18.55 | -31.05 | 3.93 | -27.36 | -22.79 | 0 | 0 | 0 | 4.43 | -1.34 | -31.85 | 0.07 | -22.22 | -41.67 | 10.31 | 0.0 | 0.0 | 1.14 | 17.53 | 17.53 | 0.31 | -29.55 | -29.55 | 3.26 | 17.69 | 15.6 | 4.71 | 12.68 | 11.35 | -0.36 | -16.13 | -9.09 | 2.9 | 17.89 | 16.47 | 0.00 | 0 | 0 |
| 23Q1 (14) | 3.79 | -17.43 | -29.81 | 0.5 | -50.0 | -82.94 | 1.28 | -4.48 | -14.67 | 0 | 0 | 0 | 3.37 | -13.37 | -32.46 | 0.31 | 14.81 | -31.11 | 3.67 | -15.24 | -35.84 | 22.54 | -6.81 | -26.89 | 5.41 | 0.19 | 4.64 | 0 | 0 | 0 | 4.49 | -9.29 | -34.16 | 0.09 | -10.0 | -30.77 | 10.31 | 0.0 | 0.0 | 0.97 | 0.0 | 3.19 | 0.44 | 0.0 | 10.0 | 2.77 | -22.84 | 13.99 | 4.18 | -16.4 | 10.88 | -0.31 | 0.0 | -3.33 | 2.46 | -25.0 | 15.49 | 0.00 | 0 | 0 |
| 22Q4 (13) | 4.59 | -8.93 | -17.15 | 1.0 | -44.44 | -54.95 | 1.34 | -6.94 | -10.67 | 0 | 0 | 0 | 3.89 | -10.98 | -17.41 | 0.27 | -43.75 | 0.0 | 4.33 | -9.79 | -25.22 | 24.19 | -5.66 | -23.71 | 5.4 | 2.08 | 6.93 | 0 | 0 | 0 | 4.95 | -12.23 | -36.13 | 0.1 | -9.09 | -28.57 | 10.31 | 0.0 | 0.0 | 0.97 | 0.0 | 3.19 | 0.44 | 0.0 | 10.0 | 3.59 | 8.79 | 56.77 | 5.0 | 6.16 | 37.74 | -0.31 | -24.0 | 29.55 | 3.28 | 7.54 | 77.3 | 0.00 | 0 | 0 |
| 22Q3 (12) | 5.04 | -10.48 | 19.43 | 1.8 | -34.55 | -33.82 | 1.44 | -4.0 | -3.36 | 0 | 0 | 0 | 4.37 | -6.02 | -3.74 | 0.48 | 6.67 | 380.0 | 4.8 | -4.57 | -9.09 | 25.64 | -3.71 | -8.36 | 5.29 | 3.93 | 9.75 | 0 | 0 | 0 | 5.64 | -13.23 | -11.46 | 0.11 | -8.33 | -8.33 | 10.31 | 0.0 | 0.0 | 0.97 | 0.0 | 3.19 | 0.44 | 0.0 | 10.0 | 3.3 | 17.02 | 61.76 | 4.71 | 11.35 | 39.35 | -0.25 | 24.24 | 46.81 | 3.05 | 22.49 | 94.27 | 0.00 | 0 | 0 |
| 22Q2 (11) | 5.63 | 4.26 | 34.37 | 2.75 | -6.14 | 9.13 | 1.5 | 0.0 | 32.74 | 0 | 0 | 0 | 4.65 | -6.81 | 7.89 | 0.45 | 0.0 | 742.86 | 5.03 | -12.06 | 1.62 | 26.63 | -13.65 | 3.12 | 5.09 | -1.55 | 17.82 | 0 | 0 | 0 | 6.5 | -4.69 | 0.46 | 0.12 | -7.69 | -14.29 | 10.31 | 0.0 | 0.0 | 0.97 | 3.19 | 3.19 | 0.44 | 10.0 | 10.0 | 2.82 | 16.05 | 46.11 | 4.23 | 12.2 | 28.96 | -0.33 | -10.0 | 28.26 | 2.49 | 16.9 | 69.39 | 0.00 | 0 | 0 |
| 22Q1 (10) | 5.4 | -2.53 | 58.82 | 2.93 | 31.98 | 10.15 | 1.5 | 0.0 | 32.74 | 0 | 0 | 0 | 4.99 | 5.94 | 6.17 | 0.45 | 66.67 | 2350.0 | 5.72 | -1.21 | -4.98 | 30.84 | -2.75 | -6.52 | 5.17 | 2.38 | 27.65 | 0 | 0 | 0 | 6.82 | -12.0 | 1.79 | 0.13 | -7.14 | -7.14 | 10.31 | 0.0 | 0.0 | 0.94 | 0.0 | 0.0 | 0.4 | 0.0 | -4.76 | 2.43 | 6.11 | 22.11 | 3.77 | 3.86 | 12.87 | -0.3 | 31.82 | 28.57 | 2.13 | 15.14 | 35.67 | 0.00 | 0 | 0 |
| 21Q4 (9) | 5.54 | 31.28 | 50.14 | 2.22 | -18.38 | -29.52 | 1.5 | 0.67 | 23.97 | 0 | 0 | 0 | 4.71 | 3.74 | -11.47 | 0.27 | 170.0 | 350.0 | 5.79 | 9.66 | -7.95 | 31.71 | 13.32 | -11.48 | 5.05 | 4.77 | 17.72 | 0 | 0 | 0 | 7.75 | 21.66 | 7.19 | 0.14 | 16.67 | 16.67 | 10.31 | 0.0 | 0.0 | 0.94 | 0.0 | 0.0 | 0.4 | 0.0 | -4.76 | 2.29 | 12.25 | -0.87 | 3.63 | 7.4 | -0.82 | -0.44 | 6.38 | -10.0 | 1.85 | 17.83 | -3.14 | 0.00 | 0 | 0 |
| 21Q3 (8) | 4.22 | 0.72 | 43.54 | 2.72 | 7.94 | -14.2 | 1.49 | 31.86 | 23.14 | 0 | 0 | 0 | 4.54 | 5.34 | -6.2 | 0.1 | 242.86 | -52.38 | 5.28 | 6.67 | -12.73 | 27.98 | 8.36 | -19.06 | 4.82 | 11.57 | -1.83 | 0 | 0 | 0 | 6.37 | -1.55 | -22.03 | 0.12 | -14.29 | -14.29 | 10.31 | 0.0 | 0.0 | 0.94 | 0.0 | 0.0 | 0.4 | 0.0 | -4.76 | 2.04 | 5.7 | -10.92 | 3.38 | 3.05 | -7.4 | -0.47 | -2.17 | -2.17 | 1.57 | 6.8 | -14.21 | 0.00 | 0 | 0 |
| 21Q2 (7) | 4.19 | 23.24 | 78.3 | 2.52 | -5.26 | -23.4 | 1.13 | 0.0 | -5.83 | 0 | 0 | 0 | 4.31 | -8.3 | 27.14 | -0.07 | -250.0 | -333.33 | 4.95 | -17.77 | -9.01 | 25.82 | -21.72 | 0 | 4.32 | 6.67 | -28.0 | 0 | 0 | 0 | 6.47 | -3.43 | -21.1 | 0.14 | 0.0 | 7.69 | 10.31 | 0.0 | 0.0 | 0.94 | 0.0 | 0.0 | 0.4 | -4.76 | -4.76 | 1.93 | -3.02 | -7.21 | 3.28 | -1.8 | -4.37 | -0.46 | -9.52 | 9.8 | 1.47 | -6.37 | -6.37 | 0.00 | 0 | 0 |
| 21Q1 (6) | 3.4 | -7.86 | 86.81 | 2.66 | -15.56 | -11.33 | 1.13 | -6.61 | -0.88 | 0 | 0 | 0 | 4.7 | -11.65 | 17.21 | -0.02 | -133.33 | 90.0 | 6.02 | -4.29 | 0.17 | 32.99 | -7.91 | 0 | 4.05 | -5.59 | -35.61 | 0 | 0 | 0 | 6.7 | -7.33 | -16.15 | 0.14 | 16.67 | 0.0 | 10.31 | 0.0 | 0.0 | 0.94 | 0.0 | 3.3 | 0.42 | 0.0 | 50.0 | 1.99 | -13.85 | -10.36 | 3.34 | -8.74 | -2.05 | -0.42 | -5.0 | 4.55 | 1.57 | -17.8 | -11.8 | 0.00 | 0 | 0 |
| 20Q4 (5) | 3.69 | 25.51 | 93.19 | 3.15 | -0.63 | 8.62 | 1.21 | 0.0 | 30.11 | 0 | 0 | 0 | 5.32 | 9.92 | 1.14 | 0.06 | -71.43 | 100.0 | 6.29 | 3.97 | -4.41 | 35.82 | 3.61 | 0 | 4.29 | -12.63 | -32.86 | 0 | 0 | 0 | 7.23 | -11.51 | -16.32 | 0.12 | -14.29 | -20.0 | 10.31 | 0.0 | 0.0 | 0.94 | 0.0 | 3.3 | 0.42 | 0.0 | 50.0 | 2.31 | 0.87 | -21.16 | 3.66 | 0.27 | -11.17 | -0.4 | 13.04 | 4.76 | 1.91 | 4.37 | -23.9 | 0.00 | 0 | 0 |
| 20Q3 (4) | 2.94 | 25.11 | 0.0 | 3.17 | -3.65 | 0.0 | 1.21 | 0.83 | 0.0 | 0 | 0 | 0.0 | 4.84 | 42.77 | 0.0 | 0.21 | 600.0 | 0.0 | 6.05 | 11.21 | 0.0 | 34.57 | 0 | 0.0 | 4.91 | -18.17 | 0.0 | 0 | 0 | 0.0 | 8.17 | -0.37 | 0.0 | 0.14 | 7.69 | 0.0 | 10.31 | 0.0 | 0.0 | 0.94 | 0.0 | 0.0 | 0.42 | 0.0 | 0.0 | 2.29 | 10.1 | 0.0 | 3.65 | 6.41 | 0.0 | -0.46 | 9.8 | 0.0 | 1.83 | 16.56 | 0.0 | 0.00 | 0 | 0.0 |
