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) | 9.89 | 33.29 | 0 | 0 | 0 | 0 | 0 | 0 | 44.99 | 14.27 | 6.03 | 78.93 | 4.89 | 7.47 | 10.87 | -5.95 | 7.3 | -12.89 | 0 | 0 | 0.14 | 40.0 | 0.08 | 33.33 | 5.02 | 0.0 | 5.87 | 0.0 | 1.24 | -35.08 | 15.92 | 29.85 | 23.03 | 14.86 | -1.55 | 0 | 14.37 | 30.4 | 0.04 | -3.79 |
| 2022 (9) | 7.42 | 16.85 | 0.77 | -78.06 | 0 | 0 | 0 | 0 | 39.37 | -8.34 | 3.37 | -33.92 | 4.55 | -17.87 | 11.56 | -10.4 | 8.38 | 0.96 | 0 | 0 | 0.1 | 233.33 | 0.06 | 0.0 | 5.02 | 0.0 | 5.87 | 0.0 | 1.91 | 19.38 | 12.26 | -3.31 | 20.05 | -0.45 | -1.24 | 0 | 11.02 | 2.32 | 0.04 | 376.59 |
| 2021 (8) | 6.35 | -17.96 | 3.51 | 73.76 | 0.2 | 400.0 | 0 | 0 | 42.95 | 30.15 | 5.1 | 49.56 | 5.54 | 11.92 | 12.90 | -14.01 | 8.3 | 32.8 | 0 | 0 | 0.03 | -85.71 | 0.06 | -14.29 | 5.02 | 0.0 | 5.87 | 6.15 | 1.6 | -0.62 | 12.68 | 11.52 | 20.14 | 8.81 | -1.91 | 0 | 10.77 | 10.24 | 0.01 | -66.42 |
| 2020 (7) | 7.74 | -3.01 | 2.02 | 78.76 | 0.04 | -33.33 | 0 | 0 | 33.0 | -20.77 | 3.41 | -32.21 | 4.95 | -1.98 | 15.00 | 23.71 | 6.25 | -1.11 | 0 | 0 | 0.21 | -74.39 | 0.07 | 40.0 | 5.02 | 0.0 | 5.53 | 10.16 | 1.61 | 57.84 | 11.37 | -1.64 | 18.51 | 5.17 | -1.6 | 0 | 9.77 | -1.81 | 0.03 | 4.1 |
| 2019 (6) | 7.98 | -1.12 | 1.13 | -24.67 | 0.06 | 0.0 | 0 | 0 | 41.65 | -3.41 | 5.03 | 6.12 | 5.05 | -24.17 | 12.12 | -21.5 | 6.32 | -5.53 | 0 | 0 | 0.82 | -8.89 | 0.05 | -16.67 | 5.02 | 0.0 | 5.02 | 10.33 | 1.02 | 20.0 | 11.56 | 10.41 | 17.6 | 10.97 | -1.61 | 0 | 9.95 | 5.29 | 0.03 | -1.85 |
| 2018 (5) | 8.07 | -2.54 | 1.5 | -28.23 | 0.06 | 0.0 | 0 | 0 | 43.12 | -6.55 | 4.74 | -11.24 | 6.66 | -14.4 | 15.45 | -8.4 | 6.69 | -4.97 | 0 | 0 | 0.9 | -4.26 | 0.06 | -14.29 | 5.02 | 3.51 | 4.55 | 13.18 | 0.85 | 19.72 | 10.47 | 0.67 | 15.86 | 4.89 | -1.02 | 0 | 9.45 | -1.05 | 0.03 | -5.14 |
| 2017 (4) | 8.28 | 9.52 | 2.09 | 67.2 | 0.06 | 200.0 | 0 | 0 | 46.14 | 7.35 | 5.34 | -2.38 | 7.78 | 3.6 | 16.86 | -3.5 | 7.04 | 12.28 | 0 | 0 | 0.94 | 44.62 | 0.07 | 0.0 | 4.85 | 0.0 | 4.02 | 15.85 | 0.71 | 29.09 | 10.4 | 4.94 | 15.12 | 8.54 | -0.85 | 0 | 9.55 | 3.8 | 0.03 | -0.07 |
| 2016 (3) | 7.56 | 77.05 | 1.25 | 19.05 | 0.02 | 100.0 | 0 | 0 | 42.98 | 4.6 | 5.47 | 15.89 | 7.51 | -12.37 | 17.47 | -16.22 | 6.27 | -5.14 | 0.34 | -46.88 | 0.65 | -2.99 | 0.07 | 16.67 | 4.85 | 0.0 | 3.47 | 15.67 | 0.55 | 0.0 | 9.91 | 19.11 | 13.93 | 17.45 | -0.71 | 0 | 9.2 | 4.55 | 0.03 | -19.02 |
| 2015 (2) | 4.27 | -50.81 | 1.05 | -81.22 | 0.01 | 0 | 0 | 0 | 41.09 | -4.55 | 4.72 | -10.94 | 8.57 | -9.6 | 20.86 | -5.29 | 6.61 | -2.36 | 0.64 | 357.14 | 0.67 | 0 | 0.06 | -14.29 | 4.85 | 1.89 | 3.0 | 21.46 | 0.55 | 0.0 | 8.32 | -0.36 | 11.86 | 4.4 | 0.48 | -29.41 | 8.8 | -2.55 | 0.03 | 13.29 |
| 2014 (1) | 8.68 | 31.71 | 5.59 | 9.82 | 0 | 0 | 0 | 0 | 43.05 | 8.99 | 5.3 | 6.85 | 9.48 | -0.94 | 22.02 | -9.11 | 6.77 | 14.36 | 0.14 | 0 | 0 | 0 | 0.07 | 0.0 | 4.76 | 6.01 | 2.47 | 25.38 | 0.55 | 0.0 | 8.35 | 15.97 | 11.36 | 16.99 | 0.68 | 277.78 | 9.03 | 22.36 | 0.03 | -10.17 |
| 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 | -20.71 | 33.29 | 0 | 0 | 0 | 0.16 | 0.0 | 0 | 0 | 0 | 0 | 12.4 | 0.73 | -1.51 | 1.73 | -11.28 | -16.83 | 5.18 | -3.54 | -4.43 | 11.24 | -3.14 | -10.07 | 8.51 | 4.67 | 8.13 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.06 | -40.0 | -25.0 | 5.02 | 0.0 | 0.0 | 5.87 | 0.0 | 0.0 | 1.55 | 0.0 | 25.0 | 16.14 | 12.01 | 10.17 | 23.56 | 7.92 | 8.27 | -0.51 | 50.49 | 54.05 | 15.63 | 16.82 | 15.44 | 0.04 | 2.57 | -1.14 |
| 24Q2 (19) | 12.12 | 10.18 | 45.67 | 0 | 0 | -100.0 | 0.16 | 6.67 | 0 | 0 | 0 | 0 | 12.31 | 30.54 | 5.94 | 1.95 | 42.34 | 27.45 | 5.37 | 25.47 | 8.05 | 11.60 | 23.6 | -3.34 | 8.13 | -0.12 | 2.65 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0.1 | 11.11 | 25.0 | 5.02 | 0.0 | 0.0 | 5.87 | 0.0 | 0.0 | 1.55 | 25.0 | 25.0 | 14.41 | 12.84 | 14.64 | 21.83 | 9.81 | 10.92 | -1.03 | 14.17 | 37.2 | 13.38 | 15.64 | 22.42 | 0.04 | -0.94 | -3.3 |
| 24Q1 (18) | 11.0 | 11.22 | 75.44 | 0 | 0 | 0 | 0.15 | 0 | 0 | 0 | 0 | 0 | 9.43 | -21.09 | 6.8 | 1.37 | 7.87 | 18.1 | 4.28 | -12.47 | 1.66 | 9.39 | -13.63 | -10.29 | 8.14 | 11.51 | -6.33 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0.09 | 12.5 | 50.0 | 5.02 | 0.0 | 0.0 | 5.87 | 0.0 | 0.0 | 1.24 | 0.0 | -35.08 | 12.77 | -19.79 | 22.67 | 19.88 | -13.68 | 9.29 | -1.2 | 22.58 | -0.84 | 11.57 | -19.49 | 25.49 | 0.04 | -0.73 | -2.94 |
| 23Q4 (17) | 9.89 | 37.17 | 33.29 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.95 | -5.08 | 15.68 | 1.27 | -38.94 | 104.84 | 4.89 | -9.78 | 7.47 | 10.87 | -13.03 | -5.98 | 7.3 | -7.24 | -12.89 | 0 | 0 | 0 | 0.14 | -12.5 | 40.0 | 0.08 | 0.0 | 33.33 | 5.02 | 0.0 | 0.0 | 5.87 | 0.0 | 0.0 | 1.24 | 0.0 | -35.08 | 15.92 | 8.67 | 29.85 | 23.03 | 5.84 | 14.86 | -1.55 | -39.64 | -25.0 | 14.37 | 6.13 | 30.4 | 0.04 | -1.99 | -3.79 |
| 23Q3 (16) | 7.21 | -13.34 | 26.27 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.59 | 8.35 | 18.55 | 2.08 | 35.95 | 116.67 | 5.42 | 9.05 | 9.94 | 12.50 | 4.1 | 3.7 | 7.87 | -0.63 | -15.38 | 0 | 0 | 0 | 0.16 | 14.29 | 128.57 | 0.08 | 0.0 | 14.29 | 5.02 | 0.0 | 0.0 | 5.87 | 0.0 | 0.0 | 1.24 | 0.0 | -35.08 | 14.65 | 16.55 | 26.4 | 21.76 | 10.57 | 12.28 | -1.11 | 32.32 | -2.78 | 13.54 | 23.88 | 28.83 | 0.04 | 0.33 | -2.05 |
| 23Q2 (15) | 8.32 | 32.7 | -11.21 | 0.81 | 0 | -82.39 | 0 | 0 | 0 | 0 | 0 | 0 | 11.62 | 31.6 | 11.2 | 1.53 | 31.9 | 26.45 | 4.97 | 18.05 | 4.41 | 12.00 | 14.72 | 7.41 | 7.92 | -8.86 | -18.27 | 0 | 0 | 0 | 0.14 | 16.67 | 133.33 | 0.08 | 33.33 | 33.33 | 5.02 | 0.0 | 0.0 | 5.87 | 0.0 | 0.0 | 1.24 | -35.08 | -35.08 | 12.57 | 20.75 | 18.25 | 19.68 | 8.19 | 6.9 | -1.64 | -37.82 | -17.99 | 10.93 | 18.55 | 18.29 | 0.04 | -0.57 | -1.3 |
| 23Q1 (14) | 6.27 | -15.5 | 7.92 | 0 | -100.0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 8.83 | -14.52 | 10.93 | 1.16 | 87.1 | 100.0 | 4.21 | -7.47 | -3.22 | 10.46 | -9.47 | 3.35 | 8.69 | 3.7 | -14.64 | 0 | 0 | 0 | 0.12 | 20.0 | 200.0 | 0.06 | 0.0 | -14.29 | 5.02 | 0.0 | 0.0 | 5.87 | 0.0 | 0.0 | 1.91 | 0.0 | 19.38 | 10.41 | -15.09 | -21.43 | 18.19 | -9.28 | -12.21 | -1.19 | 4.03 | -1.71 | 9.22 | -16.33 | -23.68 | 0.04 | -1.6 | 335.49 |
| 22Q4 (13) | 7.42 | 29.95 | 16.85 | 0.77 | -54.71 | -78.06 | 0 | 0 | -100.0 | 0 | 0 | 0 | 10.33 | -2.73 | -13.05 | 0.62 | -35.42 | -67.02 | 4.55 | -7.71 | -17.87 | 11.56 | -4.07 | -10.4 | 8.38 | -9.89 | 0.96 | 0 | 0 | 0 | 0.1 | 42.86 | 233.33 | 0.06 | -14.29 | 0.0 | 5.02 | 0.0 | 0.0 | 5.87 | 0.0 | 0.0 | 1.91 | 0.0 | 19.38 | 12.26 | 5.78 | -3.31 | 20.05 | 3.46 | -0.45 | -1.24 | -14.81 | 35.08 | 11.02 | 4.85 | 2.32 | 0.04 | -0.22 | 376.59 |
| 22Q3 (12) | 5.71 | -39.06 | 47.93 | 1.7 | -63.04 | -51.7 | 0 | 0 | -100.0 | 0 | 0 | 0 | 10.62 | 1.63 | -13.66 | 0.96 | -20.66 | -25.0 | 4.93 | 3.57 | -11.17 | 12.05 | 7.82 | -10.37 | 9.3 | -4.02 | 11.38 | 0 | 0 | 0 | 0.07 | 16.67 | 250.0 | 0.07 | 16.67 | 16.67 | 5.02 | 0.0 | 0.0 | 5.87 | 0.0 | 0.0 | 1.91 | 0.0 | 19.38 | 11.59 | 9.03 | 6.82 | 19.38 | 5.27 | 5.84 | -1.08 | 22.3 | 46.8 | 10.51 | 13.74 | 19.16 | 0.04 | 1.11 | 339.22 |
| 22Q2 (11) | 9.37 | 61.27 | 120.47 | 4.6 | 42.86 | 194.87 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 10.45 | 31.28 | -3.42 | 1.21 | 108.62 | 0.83 | 4.76 | 9.43 | -0.63 | 11.18 | 10.38 | -9.07 | 9.69 | -4.81 | 18.17 | 0 | 0 | 0 | 0.06 | 50.0 | -66.67 | 0.06 | -14.29 | 0.0 | 5.02 | 0.0 | 0.0 | 5.87 | 0.0 | 6.15 | 1.91 | 19.38 | 18.63 | 10.63 | -19.77 | -20.14 | 18.41 | -11.15 | -9.93 | -1.39 | -18.8 | 29.44 | 9.24 | -23.51 | -18.52 | 0.04 | 338.69 | 451.95 |
| 22Q1 (10) | 5.81 | -8.5 | -7.63 | 3.22 | -8.26 | 70.37 | 0.2 | 0.0 | 400.0 | 0 | 0 | 0 | 7.96 | -33.0 | 0.25 | 0.58 | -69.15 | -21.62 | 4.35 | -21.48 | 10.41 | 10.13 | -21.52 | -7.35 | 10.18 | 22.65 | 40.61 | 0 | 0 | 0 | 0.04 | 33.33 | -80.0 | 0.07 | 16.67 | 16.67 | 5.02 | 0.0 | 0.0 | 5.87 | 0.0 | 6.15 | 1.6 | 0.0 | -0.62 | 13.25 | 4.5 | 9.41 | 20.72 | 2.88 | 7.69 | -1.17 | 38.74 | 33.52 | 12.08 | 12.16 | 16.71 | 0.01 | 7.69 | -64.59 |
| 21Q4 (9) | 6.35 | 64.51 | -17.96 | 3.51 | -0.28 | 73.76 | 0.2 | -4.76 | 400.0 | 0 | 0 | 0 | 11.88 | -3.41 | 16.24 | 1.88 | 46.88 | 45.74 | 5.54 | -0.18 | 11.92 | 12.90 | -4.04 | -13.99 | 8.3 | -0.6 | 32.8 | 0 | 0 | 0 | 0.03 | 50.0 | -85.71 | 0.06 | 0.0 | -14.29 | 5.02 | 0.0 | 0.0 | 5.87 | 0.0 | 6.15 | 1.6 | 0.0 | -0.62 | 12.68 | 16.87 | 11.52 | 20.14 | 9.99 | 8.81 | -1.91 | 5.91 | -19.38 | 10.77 | 22.11 | 10.24 | 0.01 | -8.04 | -66.42 |
| 21Q3 (8) | 3.86 | -9.18 | -35.56 | 3.52 | 125.64 | 73.4 | 0.21 | 425.0 | 425.0 | 0 | 0 | 0 | 12.3 | 13.68 | 23.12 | 1.28 | 6.67 | 7.56 | 5.55 | 15.87 | 39.8 | 13.44 | 9.38 | 15.35 | 8.35 | 1.83 | 38.25 | 0 | 0 | 0 | 0.02 | -88.89 | -90.91 | 0.06 | 0.0 | 20.0 | 5.02 | 0.0 | 0.0 | 5.87 | 6.15 | 6.15 | 1.6 | -0.62 | -0.62 | 10.85 | -18.48 | 7.75 | 18.31 | -10.42 | 6.39 | -2.03 | -3.05 | -5.18 | 8.82 | -22.22 | 8.35 | 0.01 | 27.06 | -64.4 |
| 21Q2 (7) | 4.25 | -32.43 | -47.2 | 1.56 | -17.46 | 7.59 | 0.04 | 0.0 | -33.33 | 0 | 0 | 0 | 10.82 | 36.27 | 36.96 | 1.2 | 62.16 | 90.48 | 4.79 | 21.57 | 28.42 | 12.29 | 12.46 | 0 | 8.2 | 13.26 | 30.78 | 0 | 0 | 0 | 0.18 | -10.0 | -76.62 | 0.06 | 0.0 | 20.0 | 5.02 | 0.0 | 0.0 | 5.53 | 0.0 | 0.0 | 1.61 | 0.0 | 0.0 | 13.31 | 9.91 | 49.89 | 20.44 | 6.24 | 27.59 | -1.97 | -11.93 | 6.19 | 11.34 | 9.57 | 67.26 | 0.01 | -71.86 | -71.92 |
| 21Q1 (6) | 6.29 | -18.73 | 92.94 | 1.89 | -6.44 | 89.0 | 0.04 | 0.0 | -33.33 | 0 | 0 | 0 | 7.94 | -22.31 | 62.37 | 0.74 | -42.64 | 138.71 | 3.94 | -20.4 | 16.91 | 10.93 | -27.14 | 0 | 7.24 | 15.84 | 4.17 | 0 | 0 | 0 | 0.2 | -4.76 | -75.0 | 0.06 | -14.29 | 20.0 | 5.02 | 0.0 | 0.0 | 5.53 | 0.0 | 10.16 | 1.61 | 0.0 | 57.84 | 12.11 | 6.51 | 2.11 | 19.24 | 3.94 | 7.49 | -1.76 | -10.0 | 3.83 | 10.35 | 5.94 | 3.19 | 0.03 | 2.13 | 3.24 |
| 20Q4 (5) | 7.74 | 29.22 | -3.01 | 2.02 | -0.49 | 78.76 | 0.04 | 0.0 | -33.33 | 0 | 0 | 0 | 10.22 | 2.3 | -9.4 | 1.29 | 8.4 | -14.0 | 4.95 | 24.69 | -1.98 | 15.00 | 28.69 | 0 | 6.25 | 3.48 | -1.11 | 0 | 0 | 0 | 0.21 | -4.55 | -74.39 | 0.07 | 40.0 | 40.0 | 5.02 | 0.0 | 0.0 | 5.53 | 0.0 | 10.16 | 1.61 | 0.0 | 57.84 | 11.37 | 12.91 | -1.64 | 18.51 | 7.55 | 5.17 | -1.6 | 17.1 | 0.62 | 9.77 | 20.02 | -1.81 | 0.03 | -2.52 | 4.1 |
| 20Q3 (4) | 5.99 | -25.59 | 0.0 | 2.03 | 40.0 | 0.0 | 0.04 | -33.33 | 0.0 | 0 | 0 | 0.0 | 9.99 | 26.46 | 0.0 | 1.19 | 88.89 | 0.0 | 3.97 | 6.43 | 0.0 | 11.66 | 0 | 0.0 | 6.04 | -3.67 | 0.0 | 0 | 0 | 0.0 | 0.22 | -71.43 | 0.0 | 0.05 | 0.0 | 0.0 | 5.02 | 0.0 | 0.0 | 5.53 | 0.0 | 0.0 | 1.61 | 0.0 | 0.0 | 10.07 | 13.4 | 0.0 | 17.21 | 7.43 | 0.0 | -1.93 | 8.1 | 0.0 | 8.14 | 20.06 | 0.0 | 0.03 | 0.21 | 0.0 |
