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) | 11.26 | -23.35 | 10.04 | -33.82 | 0.75 | -51.61 | 0 | 0 | 36.05 | -27.96 | -1.15 | 0 | 15.54 | 8.67 | 43.11 | 50.84 | 7.67 | -34.67 | 0.12 | -14.29 | 7.95 | 51.43 | 0.03 | 50.0 | 12.14 | 0.0 | 3.15 | 14.13 | 1.64 | -35.69 | 5.12 | -37.41 | 9.9 | -26.56 | -2.09 | 0 | 3.03 | -53.67 | 0.04 | 4.53 |
| 2022 (9) | 14.69 | 133.17 | 15.17 | 18.98 | 1.55 | -50.95 | 0 | 0 | 50.04 | 4.88 | 3.91 | 24.13 | 14.3 | -25.48 | 28.58 | -28.95 | 11.74 | -16.32 | 0.14 | -12.5 | 5.25 | 32.58 | 0.02 | -50.0 | 12.14 | 0.58 | 2.76 | 13.11 | 2.55 | 15.91 | 8.18 | 19.07 | 13.48 | 17.12 | -1.64 | 0 | 6.54 | 51.39 | 0.03 | 10.61 |
| 2021 (8) | 6.3 | 19.77 | 12.75 | 20.06 | 3.16 | -32.19 | 0 | 0 | 47.71 | -3.44 | 3.15 | -20.25 | 19.19 | -0.62 | 40.22 | 2.92 | 14.03 | 18.3 | 0.16 | -15.79 | 3.96 | -47.41 | 0.04 | -20.0 | 12.07 | 0.42 | 2.44 | 19.02 | 2.2 | 0.0 | 6.87 | 16.05 | 11.51 | 13.29 | -2.55 | 0 | 4.32 | 16.13 | 0.03 | -3.28 |
| 2020 (7) | 5.26 | -15.16 | 10.62 | -19.12 | 4.66 | 5725.0 | 0 | 0 | 49.41 | 11.38 | 3.95 | 249.56 | 19.31 | 38.62 | 39.08 | 24.45 | 11.86 | -11.69 | 0.19 | -9.52 | 7.53 | -29.69 | 0.05 | 66.67 | 12.02 | 6.0 | 2.05 | 6.22 | 2.2 | 86.44 | 5.92 | 72.09 | 10.16 | 54.88 | -2.2 | 0 | 3.72 | 200.0 | 0.03 | -12.39 |
| 2019 (6) | 6.2 | 7.64 | 13.13 | -2.52 | 0.08 | -95.65 | 0 | 0 | 44.36 | 24.4 | 1.13 | 189.74 | 13.93 | 6.01 | 31.40 | -14.78 | 13.43 | 15.88 | 0.21 | -16.0 | 10.71 | 39.09 | 0.03 | 50.0 | 11.34 | 0.62 | 1.93 | 2.12 | 1.18 | 6.31 | 3.44 | 27.41 | 6.56 | 14.89 | -2.2 | 0 | 1.24 | -18.42 | 0.04 | -9.27 |
| 2018 (5) | 5.76 | -8.86 | 13.47 | 12.34 | 1.84 | 106.74 | 0 | 0 | 35.66 | -0.72 | 0.39 | -85.17 | 13.14 | 2.18 | 36.85 | 2.92 | 11.59 | 24.62 | 0.25 | -13.79 | 7.7 | 21.64 | 0.02 | 100.0 | 11.27 | 9.74 | 1.89 | 15.95 | 1.11 | 29.07 | 2.7 | -22.86 | 5.71 | -4.67 | -1.18 | 0 | 1.52 | -36.4 | 0.04 | -5.67 |
| 2017 (4) | 6.32 | 97.5 | 11.99 | 67.46 | 0.89 | -57.82 | 0 | 0 | 35.92 | 26.21 | 2.63 | 44.51 | 12.86 | 12.71 | 35.80 | -10.7 | 9.3 | 40.48 | 0.29 | -12.12 | 6.33 | -3.8 | 0.01 | 0.0 | 10.27 | 6.42 | 1.63 | 10.88 | 0.86 | 0.0 | 3.5 | 121.52 | 5.99 | 53.2 | -1.11 | 0 | 2.39 | 94.31 | 0.04 | 0 |
| 2016 (3) | 3.2 | 63.27 | 7.16 | -12.47 | 2.11 | -76.74 | 0 | 0 | 28.46 | 21.31 | 1.82 | 0 | 11.41 | -0.09 | 40.09 | -17.64 | 6.62 | 16.14 | 0.33 | -17.5 | 6.58 | 242.71 | 0.01 | -83.33 | 9.65 | 2.88 | 1.47 | 0.0 | 0.86 | 0.0 | 1.58 | 0 | 3.91 | 87.08 | -0.35 | 0 | 1.23 | 3.36 | 0.00 | 0 |
| 2015 (2) | 1.96 | -58.74 | 8.18 | -23.41 | 9.07 | 349.01 | 0 | 0 | 23.46 | -11.44 | -3.16 | 0 | 11.42 | -19.01 | 48.68 | -8.55 | 5.7 | -2.56 | 0.4 | -13.04 | 1.92 | -79.2 | 0.06 | 0.0 | 9.38 | 11.93 | 1.47 | 0.0 | 0.86 | 0.0 | -0.24 | 0 | 2.09 | -60.19 | 1.43 | -14.37 | 1.19 | -74.07 | 0.00 | 0 |
| 2014 (1) | 4.75 | -12.2 | 10.68 | -1.2 | 2.02 | -61.38 | 0 | 0 | 26.49 | -0.08 | -0.66 | 0 | 14.1 | 31.78 | 53.23 | 31.88 | 5.85 | -0.51 | 0.46 | 0 | 9.23 | 94.32 | 0.06 | 100.0 | 8.38 | 0.0 | 1.47 | 0.0 | 0.86 | 0.0 | 2.92 | -18.44 | 5.25 | -11.17 | 1.67 | 827.78 | 4.59 | 22.07 | 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) | 9.61 | -0.21 | -5.32 | 11.27 | 7.64 | -5.21 | 0.88 | 100.0 | -63.33 | 0 | 0 | 0 | 8.49 | 10.26 | -13.01 | -1.2 | -55.84 | -306.9 | 12.33 | -3.97 | -29.46 | 40.20 | 0.0 | -12.17 | 8.42 | 0.12 | 1.2 | 0.11 | -8.33 | -15.38 | 6.83 | -7.58 | 121.75 | 0.03 | 50.0 | 200.0 | 12.14 | 0.0 | 0.0 | 3.15 | 0.0 | 0.0 | 2.09 | 0.0 | 27.44 | 2.72 | -30.61 | -52.78 | 7.95 | -13.11 | -24.57 | -0.7 | 1.41 | 31.37 | 2.02 | -37.07 | -57.38 | 0.05 | 11.89 | 43.56 |
| 24Q2 (19) | 9.63 | -18.46 | -33.81 | 10.47 | 13.43 | -19.95 | 0.44 | 91.3 | -77.08 | 0 | 0 | 0 | 7.7 | 23.99 | -17.03 | -0.77 | -3950.0 | -396.15 | 12.84 | -0.39 | -11.33 | 40.20 | 4.54 | 10.02 | 8.41 | 12.28 | 7.0 | 0.12 | 0.0 | -7.69 | 7.39 | -7.04 | 71.86 | 0.02 | 0.0 | 0.0 | 12.14 | 0.0 | 0.0 | 3.15 | 0.0 | 0.0 | 2.09 | 27.44 | 27.44 | 3.92 | -23.74 | -24.32 | 9.15 | -7.76 | -8.22 | -0.71 | 29.7 | 67.73 | 3.21 | -22.28 | 7.72 | 0.04 | 6.79 | 19.63 |
| 24Q1 (18) | 11.81 | 4.88 | -18.21 | 9.23 | -8.07 | -43.23 | 0.23 | -69.33 | -88.38 | 0 | 0 | 0 | 6.21 | -24.91 | -28.95 | 0.02 | 103.08 | 101.48 | 12.89 | -17.05 | -16.62 | 38.45 | -10.79 | 9.02 | 7.49 | -2.35 | -14.5 | 0.12 | 0.0 | -14.29 | 7.95 | 0.0 | 75.5 | 0.02 | -33.33 | 0.0 | 12.14 | 0.0 | 0.0 | 3.15 | 0.0 | 14.13 | 1.64 | 0.0 | -35.69 | 5.14 | 0.39 | -24.74 | 9.92 | 0.2 | -18.29 | -1.01 | 51.67 | 34.84 | 4.13 | 36.3 | -21.78 | 0.04 | 10.3 | 7.99 |
| 23Q4 (17) | 11.26 | 10.94 | -23.35 | 10.04 | -15.56 | -33.82 | 0.75 | -68.75 | -51.61 | 0 | 0 | 0 | 8.27 | -15.27 | -20.56 | -0.65 | -212.07 | -364.29 | 15.54 | -11.1 | 8.67 | 43.11 | -5.82 | 50.84 | 7.67 | -7.81 | -34.67 | 0.12 | -7.69 | -14.29 | 7.95 | 158.12 | 51.43 | 0.03 | 200.0 | 50.0 | 12.14 | 0.0 | 0.0 | 3.15 | 0.0 | 14.13 | 1.64 | 0.0 | -35.69 | 5.12 | -11.11 | -37.41 | 9.9 | -6.07 | -26.56 | -2.09 | -104.9 | -27.44 | 3.03 | -36.08 | -53.67 | 0.04 | 8.93 | 4.53 |
| 23Q3 (16) | 10.15 | -30.24 | -16.05 | 11.89 | -9.1 | -11.07 | 2.4 | 25.0 | 56.86 | 0 | 0 | 0 | 9.76 | 5.17 | -12.86 | 0.58 | 123.08 | -51.26 | 17.48 | 20.72 | 5.36 | 45.77 | 25.27 | 49.29 | 8.32 | 5.85 | -33.23 | 0.13 | 0.0 | -13.33 | 3.08 | -28.37 | -43.8 | 0.01 | -50.0 | -66.67 | 12.14 | 0.0 | 0.0 | 3.15 | 0.0 | 14.13 | 1.64 | 0.0 | -35.69 | 5.76 | 11.2 | -30.77 | 10.54 | 5.72 | -22.61 | -1.02 | 53.64 | 11.3 | 4.74 | 59.06 | -33.89 | 0.03 | -6.76 | 6.68 |
| 23Q2 (15) | 14.55 | 0.76 | 62.21 | 13.08 | -19.56 | 17.2 | 1.92 | -3.03 | 125.88 | 0 | 0 | 0 | 9.28 | 6.18 | -31.16 | 0.26 | 119.26 | -81.56 | 14.48 | -6.34 | -24.11 | 36.54 | 3.59 | 5.57 | 7.86 | -10.27 | -38.3 | 0.13 | -7.14 | -13.33 | 4.3 | -5.08 | -30.87 | 0.02 | 0.0 | -33.33 | 12.14 | 0.0 | 0.0 | 3.15 | 14.13 | 14.13 | 1.64 | -35.69 | -35.69 | 5.18 | -24.16 | -27.35 | 9.97 | -17.87 | -19.79 | -2.2 | -41.94 | -27.17 | 2.98 | -43.56 | -44.81 | 0.03 | -3.6 | 14.88 |
| 23Q1 (14) | 14.44 | -1.7 | 107.77 | 16.26 | 7.19 | 22.72 | 1.98 | 27.74 | 214.29 | 0 | 0 | 0 | 8.74 | -16.04 | -41.54 | -1.35 | -864.29 | -192.47 | 15.46 | 8.11 | -23.28 | 35.27 | 23.43 | -10.04 | 8.76 | -25.38 | -28.14 | 0.14 | 0.0 | -12.5 | 4.53 | -13.71 | 29.06 | 0.02 | 0.0 | -33.33 | 12.14 | 0.0 | 0.0 | 2.76 | 0.0 | 13.11 | 2.55 | 0.0 | 15.91 | 6.83 | -16.5 | -18.01 | 12.14 | -9.94 | -6.4 | -1.55 | 5.49 | -9.93 | 5.28 | -19.27 | -23.7 | 0.04 | 6.77 | 19.88 |
| 22Q4 (13) | 14.69 | 21.51 | 133.17 | 15.17 | 13.46 | 18.98 | 1.55 | 1.31 | -50.95 | 0 | 0 | 0 | 10.41 | -7.05 | -28.11 | -0.14 | -111.76 | -110.45 | 14.3 | -13.8 | -25.48 | 28.58 | -6.79 | -28.97 | 11.74 | -5.78 | -16.32 | 0.14 | -6.67 | -12.5 | 5.25 | -4.2 | 32.58 | 0.02 | -33.33 | -50.0 | 12.14 | 0.0 | 0.58 | 2.76 | 0.0 | 13.11 | 2.55 | 0.0 | 15.91 | 8.18 | -1.68 | 19.07 | 13.48 | -1.03 | 17.12 | -1.64 | -42.61 | 35.69 | 6.54 | -8.79 | 51.39 | 0.03 | 11.17 | 10.61 |
| 22Q3 (12) | 12.09 | 34.78 | 72.47 | 13.37 | 19.8 | -11.1 | 1.53 | 80.0 | -49.67 | 0 | 0 | 0 | 11.2 | -16.91 | -8.35 | 1.19 | -15.6 | 43.37 | 16.59 | -13.05 | -3.83 | 30.66 | -11.41 | -18.56 | 12.46 | -2.2 | -1.19 | 0.15 | 0.0 | -11.76 | 5.48 | -11.9 | 64.56 | 0.03 | 0.0 | -25.0 | 12.14 | 0.0 | 0.58 | 2.76 | 0.0 | 13.11 | 2.55 | 0.0 | 15.91 | 8.32 | 16.69 | 50.45 | 13.62 | 9.57 | 33.92 | -1.15 | 33.53 | 58.63 | 7.17 | 32.78 | 160.73 | 0.03 | 0.41 | 3.59 |
| 22Q2 (11) | 8.97 | 29.06 | 38.85 | 11.16 | -15.77 | -8.0 | 0.85 | 34.92 | -80.32 | 0 | 0 | 0 | 13.48 | -9.83 | 38.4 | 1.41 | -3.42 | 422.22 | 19.08 | -5.31 | 26.36 | 34.61 | -11.73 | 6.3 | 12.74 | 4.51 | -0.08 | 0.15 | -6.25 | -11.76 | 6.22 | 77.21 | 58.27 | 0.03 | 0.0 | -25.0 | 12.14 | 0.0 | 0.58 | 2.76 | 13.11 | 34.63 | 2.55 | 15.91 | 15.91 | 7.13 | -14.41 | 3.33 | 12.43 | -4.16 | 11.48 | -1.73 | -22.7 | 34.96 | 5.4 | -21.97 | 27.36 | 0.03 | 0.59 | -1.4 |
| 22Q1 (10) | 6.95 | 10.32 | 58.68 | 13.25 | 3.92 | 41.11 | 0.63 | -80.06 | -85.94 | 0 | 0 | 0 | 14.95 | 3.25 | 32.77 | 1.46 | 8.96 | 105.63 | 20.15 | 5.0 | 11.26 | 39.21 | -2.54 | 11.24 | 12.19 | -13.11 | 3.92 | 0.16 | 0.0 | -11.11 | 3.51 | -11.36 | -49.2 | 0.03 | -25.0 | -40.0 | 12.14 | 0.58 | 0.66 | 2.44 | 0.0 | 19.02 | 2.2 | 0.0 | 0.0 | 8.33 | 21.25 | 25.64 | 12.97 | 12.68 | 19.21 | -1.41 | 44.71 | 39.74 | 6.92 | 60.19 | 61.31 | 0.03 | -1.49 | 2.02 |
| 21Q4 (9) | 6.3 | -10.13 | 19.77 | 12.75 | -15.23 | 20.06 | 3.16 | 3.95 | -32.19 | 0 | 0 | 0 | 14.48 | 18.49 | 14.92 | 1.34 | 61.45 | 27.62 | 19.19 | 11.25 | -0.62 | 40.23 | 6.86 | 2.94 | 14.03 | 11.26 | 18.3 | 0.16 | -5.88 | -15.79 | 3.96 | 18.92 | -47.41 | 0.04 | 0.0 | -20.0 | 12.07 | 0.0 | 0.42 | 2.44 | 0.0 | 19.02 | 2.2 | 0.0 | 0.0 | 6.87 | 24.23 | 16.05 | 11.51 | 13.18 | 13.29 | -2.55 | 8.27 | -15.91 | 4.32 | 57.09 | 16.13 | 0.03 | 4.12 | -3.28 |
| 21Q3 (8) | 7.01 | 8.51 | -1.13 | 15.04 | 23.99 | 25.54 | 3.04 | -29.63 | -28.64 | 0 | 0 | 0 | 12.22 | 25.46 | -4.38 | 0.83 | 207.41 | -29.66 | 17.25 | 14.24 | -15.15 | 37.65 | 15.63 | -6.98 | 12.61 | -1.1 | 6.86 | 0.17 | 0.0 | -10.53 | 3.33 | -15.27 | -64.39 | 0.04 | 0.0 | 0.0 | 12.07 | 0.0 | 1.17 | 2.44 | 19.02 | 19.02 | 2.2 | 0.0 | 0.0 | 5.53 | -19.86 | 13.55 | 10.17 | -8.79 | 11.64 | -2.78 | -4.51 | -9.02 | 2.75 | -35.14 | 18.53 | 0.03 | -4.43 | -10.0 |
| 21Q2 (7) | 6.46 | 47.49 | -22.17 | 12.13 | 29.18 | -9.55 | 4.32 | -3.57 | 55.96 | 0 | 0 | 0 | 9.74 | -13.5 | -33.92 | 0.27 | -61.97 | -82.47 | 15.1 | -16.62 | -4.19 | 32.56 | -7.63 | 0 | 12.75 | 8.7 | 12.93 | 0.17 | -5.56 | -10.53 | 3.93 | -43.13 | -58.93 | 0.04 | -20.0 | 100.0 | 12.07 | 0.08 | 6.34 | 2.05 | 0.0 | 0.0 | 2.2 | 0.0 | 0.0 | 6.9 | 4.07 | 86.99 | 11.15 | 2.48 | 40.43 | -2.66 | -13.68 | 7.32 | 4.24 | -1.17 | 417.07 | 0.03 | 4.08 | -10.89 |
| 21Q1 (6) | 4.38 | -16.73 | -19.19 | 9.39 | -11.58 | -25.54 | 4.48 | -3.86 | 814.29 | 0 | 0 | 0 | 11.26 | -10.63 | 21.21 | 0.71 | -32.38 | 317.65 | 18.11 | -6.21 | 30.66 | 35.25 | -9.81 | 0 | 11.73 | -1.1 | -5.17 | 0.18 | -5.26 | -10.0 | 6.91 | -8.23 | -38.85 | 0.05 | 0.0 | 150.0 | 12.06 | 0.33 | 6.35 | 2.05 | 0.0 | 6.22 | 2.2 | 0.0 | 86.44 | 6.63 | 11.99 | 83.15 | 10.88 | 7.09 | 61.66 | -2.34 | -6.36 | -0.43 | 4.29 | 15.32 | 232.56 | 0.03 | -6.61 | -14.7 |
| 20Q4 (5) | 5.26 | -25.81 | -15.16 | 10.62 | -11.35 | -19.12 | 4.66 | 9.39 | 5725.0 | 0 | 0 | 0 | 12.6 | -1.41 | -6.11 | 1.05 | -11.02 | 56.72 | 19.31 | -5.02 | 38.62 | 39.08 | -3.44 | 0 | 11.86 | 0.51 | -11.69 | 0.19 | 0.0 | -9.52 | 7.53 | -19.47 | -29.69 | 0.05 | 25.0 | 66.67 | 12.02 | 0.75 | 6.0 | 2.05 | 0.0 | 6.22 | 2.2 | 0.0 | 86.44 | 5.92 | 21.56 | 72.09 | 10.16 | 11.53 | 54.88 | -2.2 | 13.73 | 0.0 | 3.72 | 60.34 | 200.0 | 0.03 | -3.11 | -12.39 |
| 20Q3 (4) | 7.09 | -14.58 | 0.0 | 11.98 | -10.66 | 0.0 | 4.26 | 53.79 | 0.0 | 0 | 0 | 0.0 | 12.78 | -13.3 | 0.0 | 1.18 | -23.38 | 0.0 | 20.33 | 29.0 | 0.0 | 40.47 | 0 | 0.0 | 11.8 | 4.52 | 0.0 | 0.19 | 0.0 | 0.0 | 9.35 | -2.3 | 0.0 | 0.04 | 100.0 | 0.0 | 11.93 | 5.11 | 0.0 | 2.05 | 0.0 | 0.0 | 2.2 | 0.0 | 0.0 | 4.87 | 31.98 | 0.0 | 9.11 | 14.74 | 0.0 | -2.55 | 11.15 | 0.0 | 2.32 | 182.93 | 0.0 | 0.03 | -5.37 | 0.0 |
