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) | 3.51 | 5.72 | 1.69 | 11.18 | 0.19 | -17.39 | 0 | 0 | 10.65 | 21.71 | 0.51 | -72.87 | 1.08 | -43.75 | 10.14 | -53.79 | 1.56 | -13.33 | 0.21 | 31.25 | 2.43 | -6.9 | 2.39 | -1.65 | 3.98 | 6.7 | 1.63 | 13.19 | 0.43 | -8.51 | 1.64 | -33.87 | 3.7 | -15.53 | -0.49 | 0 | 1.15 | -43.9 | 0.05 | 33.85 |
| 2022 (9) | 3.32 | 65.17 | 1.52 | 2940.0 | 0.23 | 35.29 | 0 | 0 | 8.75 | -25.66 | 1.88 | 9.94 | 1.92 | -22.27 | 21.94 | 4.56 | 1.8 | 1.69 | 0.16 | -79.75 | 2.61 | -2.61 | 2.43 | 5975.0 | 3.73 | 5.97 | 1.44 | 14.29 | 0.47 | -12.96 | 2.48 | 22.77 | 4.38 | 14.66 | -0.43 | 0 | 2.05 | 32.26 | 0.03 | 381.57 |
| 2021 (8) | 2.01 | -41.57 | 0.05 | 0 | 0.17 | 0 | 0 | 0 | 11.77 | 35.44 | 1.71 | 19.58 | 2.47 | 3.78 | 20.99 | -23.38 | 1.77 | 10.62 | 0.79 | -1.25 | 2.68 | 182.11 | 0.04 | 0.0 | 3.52 | 3.83 | 1.26 | 10.53 | 0.54 | 63.64 | 2.02 | 6.32 | 3.82 | 13.35 | -0.47 | 0 | 1.55 | 13.97 | 0.01 | -11.57 |
| 2020 (7) | 3.44 | 87.98 | 0 | 0 | 0 | 0 | 0 | 0 | 8.69 | 6.63 | 1.43 | 20.17 | 2.38 | 27.96 | 27.39 | 20.01 | 1.6 | 35.59 | 0.8 | 33.33 | 0.95 | 0 | 0.04 | 0.0 | 3.39 | 6.27 | 1.14 | 11.76 | 0.33 | 73.68 | 1.9 | 7.95 | 3.37 | 13.47 | -0.54 | 0 | 1.36 | -4.9 | 0.01 | 0.01 |
| 2019 (6) | 1.83 | 7.02 | 0 | 0 | 0 | 0 | 0 | 0 | 8.15 | 1.62 | 1.19 | -0.83 | 1.86 | 6.29 | 22.82 | 4.59 | 1.18 | -20.27 | 0.6 | 3.45 | 0 | 0 | 0.04 | 0.0 | 3.19 | 0.0 | 1.02 | 13.33 | 0.19 | -51.28 | 1.76 | 0.0 | 2.97 | -2.94 | -0.33 | 0 | 1.43 | -8.92 | 0.01 | 19.73 |
| 2018 (5) | 1.71 | -37.59 | 0 | 0 | 0 | 0 | 0 | 0 | 8.02 | -3.84 | 1.2 | 5.26 | 1.75 | -16.67 | 21.82 | -13.34 | 1.48 | 17.46 | 0.58 | 9.43 | 0 | 0 | 0.04 | 0.0 | 3.19 | 4.93 | 0.9 | 13.92 | 0.39 | 95.0 | 1.76 | 2.33 | 3.06 | 12.92 | -0.19 | 0 | 1.57 | 18.05 | 0.01 | -10.34 |
| 2017 (4) | 2.74 | 1.86 | 0 | 0 | 0.56 | -5.08 | 0 | 0 | 8.34 | 3.47 | 1.14 | 14.0 | 2.1 | 16.67 | 25.18 | 12.75 | 1.26 | 0.8 | 0.53 | 562.5 | 0 | 0 | 0.04 | 0.0 | 3.04 | 0.33 | 0.79 | 14.49 | 0.2 | 0 | 1.72 | 6.17 | 2.71 | 17.32 | -0.39 | 0 | 1.33 | -6.34 | 0.01 | 97.27 |
| 2016 (3) | 2.69 | 16.45 | 0 | 0 | 0.59 | 0 | 0 | 0 | 8.06 | -4.39 | 1.0 | 4.17 | 1.8 | 10.43 | 22.33 | 15.5 | 1.25 | -15.54 | 0.08 | 0.0 | 0 | 0 | 0.04 | 0.0 | 3.03 | 0.0 | 0.69 | 16.95 | 0 | 0 | 1.62 | 6.58 | 2.31 | 8.96 | -0.2 | 0 | 1.42 | -12.88 | 0.00 | 2.01 |
| 2015 (2) | 2.31 | 41.72 | 0 | 0 | 0 | 0 | 0 | 0 | 8.43 | -7.16 | 0.96 | 52.38 | 1.63 | -23.47 | 19.34 | -17.57 | 1.48 | -2.63 | 0.08 | 0.0 | 0.58 | 0 | 0.04 | -20.0 | 3.03 | 9.78 | 0.59 | 11.32 | 0 | 0 | 1.52 | 19.69 | 2.12 | 17.13 | 0.11 | -42.11 | 1.63 | 11.64 | 0.00 | -88.11 |
| 2014 (1) | 1.63 | -9.44 | 0.02 | 0 | 0 | 0 | 0 | 0 | 9.08 | 10.6 | 0.63 | 31.25 | 2.13 | 13.9 | 23.46 | 2.99 | 1.52 | 5.56 | 0.08 | -46.67 | 0 | 0 | 0.05 | 0.0 | 2.76 | 5.75 | 0.53 | 10.42 | 0 | 0 | 1.27 | 15.45 | 1.81 | -4.74 | 0.19 | 533.33 | 1.46 | 29.2 | 0.03 | 17.73 |
| 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) | 2.93 | -6.69 | 1.74 | 1.99 | 21.34 | 17.75 | 0.19 | 0.0 | 0.0 | 0 | 0 | 0 | 2.9 | 10.27 | 8.21 | 0.23 | 35.29 | 109.09 | 1.35 | 2.27 | -6.25 | 12.51 | 0.19 | -1.3 | 1.49 | 2.05 | -11.83 | 1.58 | -1.25 | 690.0 | 2.29 | -2.14 | -7.66 | 2.34 | -0.85 | 0.0 | 3.98 | 0.0 | 0.0 | 1.68 | 0.0 | 3.07 | 0.49 | 0.0 | 13.95 | 1.42 | 19.33 | -7.19 | 3.58 | 6.87 | -0.28 | -0.38 | -22.58 | -123.53 | 1.04 | 18.18 | -23.53 | 0.05 | 11.69 | 37.34 |
| 24Q2 (19) | 3.14 | -0.95 | -14.67 | 1.64 | 6.49 | 6.49 | 0.19 | 0.0 | 18.75 | 0 | 0 | 0 | 2.63 | 8.23 | -5.05 | 0.17 | 0 | -19.05 | 1.32 | 22.22 | 10.0 | 12.49 | 23.84 | 14.06 | 1.46 | -3.95 | -12.05 | 1.6 | -1.23 | 742.11 | 2.34 | -1.68 | -7.14 | 2.36 | -0.84 | -0.84 | 3.98 | 0.0 | 0.0 | 1.68 | 3.07 | 3.07 | 0.49 | 13.95 | 13.95 | 1.19 | 5.31 | -16.2 | 3.35 | 5.35 | -3.74 | -0.31 | 8.82 | -14.81 | 0.88 | 11.39 | -23.48 | 0.05 | -16.15 | 35.52 |
| 24Q1 (18) | 3.17 | -9.69 | -0.31 | 1.54 | -8.88 | 0.0 | 0.19 | 0.0 | 58.33 | 0 | 0 | 0 | 2.43 | -14.13 | 2.1 | 0 | -100.0 | -100.0 | 1.08 | 0.0 | -22.86 | 10.08 | -0.47 | -32.15 | 1.52 | -2.56 | -12.14 | 1.62 | 671.43 | 912.5 | 2.38 | -2.06 | -7.03 | 2.38 | -0.42 | -1.24 | 3.98 | 0.0 | 6.13 | 1.63 | 0.0 | 13.19 | 0.43 | 0.0 | -8.51 | 1.13 | -31.1 | -28.93 | 3.18 | -14.05 | -8.88 | -0.34 | 30.61 | 2.86 | 0.79 | -31.3 | -36.29 | 0.06 | 26.42 | 46.53 |
| 23Q4 (17) | 3.51 | 21.88 | 5.72 | 1.69 | 0.0 | 11.18 | 0.19 | 0.0 | -17.39 | 0 | 0 | 0 | 2.83 | 5.6 | -19.83 | 0.1 | -9.09 | -72.22 | 1.08 | -25.0 | -43.75 | 10.13 | -20.08 | -53.83 | 1.56 | -7.69 | -13.33 | 0.21 | 5.0 | 31.25 | 2.43 | -2.02 | -6.9 | 2.39 | 2.14 | -1.65 | 3.98 | 0.0 | 6.7 | 1.63 | 0.0 | 13.19 | 0.43 | 0.0 | -8.51 | 1.64 | 7.19 | -33.87 | 3.7 | 3.06 | -15.53 | -0.49 | -188.24 | -13.95 | 1.15 | -15.44 | -43.9 | 0.05 | 16.0 | 33.85 |
| 23Q3 (16) | 2.88 | -21.74 | 6.27 | 1.69 | 9.74 | 9.74 | 0.19 | 18.75 | 0.0 | 0 | 0 | 0 | 2.68 | -3.25 | 17.54 | 0.11 | -47.62 | -91.06 | 1.44 | 20.0 | -18.64 | 12.68 | 15.77 | -44.35 | 1.69 | 1.81 | -16.34 | 0.2 | 5.26 | 33.33 | 2.48 | -1.59 | -6.77 | 2.34 | -1.68 | -0.43 | 3.98 | 0.0 | 6.99 | 1.63 | 0.0 | 13.19 | 0.43 | 0.0 | -8.51 | 1.53 | 7.75 | -27.14 | 3.59 | 3.16 | -10.25 | -0.17 | 37.04 | 43.33 | 1.36 | 18.26 | -24.44 | 0.04 | 10.21 | 32.45 |
| 23Q2 (15) | 3.68 | 15.72 | 70.37 | 1.54 | 0.0 | 3750.0 | 0.16 | 33.33 | -5.88 | 0 | 0 | 0 | 2.77 | 16.39 | 125.2 | 0.21 | 162.5 | 23.53 | 1.2 | -14.29 | 11.11 | 10.95 | -26.33 | -12.21 | 1.66 | -4.05 | -8.29 | 0.19 | 18.75 | -67.8 | 2.52 | -1.56 | -5.97 | 2.38 | -1.24 | 5850.0 | 3.98 | 6.13 | 13.07 | 1.63 | 13.19 | 13.19 | 0.43 | -8.51 | -8.51 | 1.42 | -10.69 | 63.22 | 3.48 | -0.29 | 25.63 | -0.27 | 22.86 | 3.57 | 1.15 | -7.26 | 94.92 | 0.04 | -9.34 | 314.15 |
| 23Q1 (14) | 3.18 | -4.22 | 17.34 | 1.54 | 1.32 | 2980.0 | 0.12 | -47.83 | 0 | 0 | 0 | 0 | 2.38 | -32.58 | 39.18 | 0.08 | -77.78 | -33.33 | 1.4 | -27.08 | -20.45 | 14.86 | -32.27 | -8.63 | 1.73 | -3.89 | 1.17 | 0.16 | 0.0 | -74.19 | 2.56 | -1.92 | -10.18 | 2.41 | -0.82 | 5925.0 | 3.75 | 0.54 | 6.53 | 1.44 | 0.0 | 14.29 | 0.47 | 0.0 | -12.96 | 1.59 | -35.89 | -25.7 | 3.49 | -20.32 | -11.42 | -0.35 | 18.6 | -20.69 | 1.24 | -39.51 | -32.97 | 0.04 | 15.49 | 407.47 |
| 22Q4 (13) | 3.32 | 22.51 | 65.17 | 1.52 | -1.3 | 2940.0 | 0.23 | 21.05 | 35.29 | 0 | 0 | 0 | 3.53 | 54.82 | 38.43 | 0.36 | -70.73 | -20.0 | 1.92 | 8.47 | -22.27 | 21.94 | -3.67 | 4.65 | 1.8 | -10.89 | 1.69 | 0.16 | 6.67 | -79.75 | 2.61 | -1.88 | -2.61 | 2.43 | 3.4 | 5975.0 | 3.73 | 0.27 | 5.97 | 1.44 | 0.0 | 14.29 | 0.47 | 0.0 | -12.96 | 2.48 | 18.1 | 22.77 | 4.38 | 9.5 | 14.66 | -0.43 | -43.33 | 8.51 | 2.05 | 13.89 | 32.26 | 0.03 | 14.78 | 381.57 |
| 22Q3 (12) | 2.71 | 25.46 | 10.61 | 1.54 | 3750.0 | 305.26 | 0.19 | 11.76 | 0 | 0 | 0 | 0 | 2.28 | 85.37 | -28.08 | 1.23 | 623.53 | 167.39 | 1.77 | 63.89 | -35.64 | 22.78 | 82.66 | -0.27 | 2.02 | 11.6 | 5.76 | 0.15 | -74.58 | -79.45 | 2.66 | -0.75 | -6.67 | 2.35 | 5775.0 | 5775.0 | 3.72 | 5.68 | 5.68 | 1.44 | 0.0 | 14.29 | 0.47 | 0.0 | -12.96 | 2.1 | 141.38 | 33.76 | 4.0 | 44.4 | 18.69 | -0.3 | -7.14 | 52.38 | 1.8 | 205.08 | 91.49 | 0.03 | 244.62 | 353.25 |
| 22Q2 (11) | 2.16 | -20.3 | -32.08 | 0.04 | -20.0 | 33.33 | 0.17 | 0 | 0 | 0 | 0 | 0 | 1.23 | -28.07 | -63.72 | 0.17 | 41.67 | -63.83 | 1.08 | -38.64 | -61.84 | 12.47 | -23.33 | -50.16 | 1.81 | 5.85 | 5.23 | 0.59 | -4.84 | -15.71 | 2.68 | -5.96 | 1388.89 | 0.04 | 0.0 | 0.0 | 3.52 | 0.0 | 0.0 | 1.44 | 14.29 | 26.32 | 0.47 | -12.96 | 42.42 | 0.87 | -59.35 | -67.78 | 2.77 | -29.7 | -33.57 | -0.28 | 3.45 | 57.58 | 0.59 | -68.11 | -71.08 | 0.01 | 11.09 | 40.99 |
| 22Q1 (10) | 2.71 | 34.83 | -11.15 | 0.05 | 0.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 1.71 | -32.94 | -35.96 | 0.12 | -73.33 | -64.71 | 1.76 | -28.74 | -34.81 | 16.27 | -22.42 | -40.96 | 1.71 | -3.39 | -5.52 | 0.62 | -21.52 | -28.74 | 2.85 | 6.34 | 1483.33 | 0.04 | 0.0 | 0.0 | 3.52 | 0.0 | 0.0 | 1.26 | 0.0 | 10.53 | 0.54 | 0.0 | 63.64 | 2.14 | 5.94 | -4.04 | 3.94 | 3.14 | 6.2 | -0.29 | 38.3 | 50.0 | 1.85 | 19.35 | 12.12 | 0.01 | 9.6 | 7.27 |
| 21Q4 (9) | 2.01 | -17.96 | -41.57 | 0.05 | -86.84 | 0 | 0.17 | 0 | 0 | 0 | 0 | 0 | 2.55 | -19.56 | -9.25 | 0.45 | -2.17 | -13.46 | 2.47 | -10.18 | 3.78 | 20.97 | -8.2 | -23.53 | 1.77 | -7.33 | 10.62 | 0.79 | 8.22 | -1.25 | 2.68 | -5.96 | 182.11 | 0.04 | 0.0 | 0.0 | 3.52 | 0.0 | 3.83 | 1.26 | 0.0 | 10.53 | 0.54 | 0.0 | 63.64 | 2.02 | 28.66 | 6.32 | 3.82 | 13.35 | 13.35 | -0.47 | 25.4 | 12.96 | 1.55 | 64.89 | 13.97 | 0.01 | 8.03 | -11.57 |
| 21Q3 (8) | 2.45 | -22.96 | 13.43 | 0.38 | 1166.67 | -60.0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.17 | -6.49 | 29.92 | 0.46 | -2.13 | 6.98 | 2.75 | -2.83 | 27.31 | 22.84 | -8.72 | -15.51 | 1.91 | 11.05 | 23.23 | 0.73 | 4.29 | 1.39 | 2.85 | 1483.33 | 0 | 0.04 | 0.0 | 0.0 | 3.52 | 0.0 | 10.34 | 1.26 | 10.53 | 10.53 | 0.54 | 63.64 | 63.64 | 1.57 | -41.85 | 12.95 | 3.37 | -19.18 | 17.42 | -0.63 | 4.55 | -31.25 | 0.94 | -53.92 | 3.3 | 0.01 | 7.2 | -20.47 |
| 21Q2 (7) | 3.18 | 4.26 | 28.74 | 0.03 | 0 | -94.0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.39 | 26.97 | 80.32 | 0.47 | 38.24 | 62.07 | 2.83 | 4.81 | 68.45 | 25.02 | -9.18 | 0 | 1.72 | -4.97 | 22.86 | 0.7 | -19.54 | 6.06 | 0.18 | 0.0 | 0 | 0.04 | 0.0 | 0.0 | 3.52 | 0.0 | 10.34 | 1.14 | 0.0 | 0.0 | 0.33 | 0.0 | 0.0 | 2.7 | 21.08 | 178.35 | 4.17 | 12.4 | 70.9 | -0.66 | -13.79 | -50.0 | 2.04 | 23.64 | 284.91 | 0.01 | -15.48 | -29.12 |
| 21Q1 (6) | 3.05 | -11.34 | 63.98 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.67 | -4.98 | 72.26 | 0.34 | -34.62 | 70.0 | 2.7 | 13.45 | 82.43 | 27.55 | 0.48 | 0 | 1.81 | 13.12 | 43.65 | 0.87 | 8.75 | 14.47 | 0.18 | -81.05 | 0 | 0.04 | 0.0 | 0.0 | 3.52 | 3.83 | 10.34 | 1.14 | 0.0 | 11.76 | 0.33 | 0.0 | 73.68 | 2.23 | 17.37 | 13.78 | 3.71 | 10.09 | 17.03 | -0.58 | -7.41 | -41.46 | 1.65 | 21.32 | 6.45 | 0.01 | -9.66 | -8.3 |
| 20Q4 (5) | 3.44 | 59.26 | 87.98 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.81 | 15.16 | 32.55 | 0.52 | 20.93 | 57.58 | 2.38 | 10.19 | 27.96 | 27.42 | 1.43 | 0 | 1.6 | 3.23 | 35.59 | 0.8 | 11.11 | 33.33 | 0.95 | 0 | 0 | 0.04 | 0.0 | 0.0 | 3.39 | 6.27 | 6.27 | 1.14 | 0.0 | 11.76 | 0.33 | 0.0 | 73.68 | 1.9 | 36.69 | 7.95 | 3.37 | 17.42 | 13.47 | -0.54 | -12.5 | -63.64 | 1.36 | 49.45 | -4.9 | 0.01 | -2.84 | 0.01 |
| 20Q3 (4) | 2.16 | -12.55 | 0.0 | 0.95 | 90.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 2.44 | 29.79 | 0.0 | 0.43 | 48.28 | 0.0 | 2.16 | 28.57 | 0.0 | 27.03 | 0 | 0.0 | 1.55 | 10.71 | 0.0 | 0.72 | 9.09 | 0.0 | 0 | 0 | 0.0 | 0.04 | 0.0 | 0.0 | 3.19 | 0.0 | 0.0 | 1.14 | 0.0 | 0.0 | 0.33 | 0.0 | 0.0 | 1.39 | 43.3 | 0.0 | 2.87 | 17.62 | 0.0 | -0.48 | -9.09 | 0.0 | 0.91 | 71.7 | 0.0 | 0.01 | -4.47 | 0.0 |
