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) | 11.59 | 3.39 | 21.18 | -11.42 | 2.98 | -81.58 | 0 | 0 | 77.86 | 9.32 | -1.23 | 0 | 10.72 | -2.19 | 13.77 | -10.53 | 24.74 | -17.23 | 0.31 | -13.89 | 19.19 | 29.31 | 13.15 | -2.95 | 15.96 | 19.02 | 3.29 | 0.0 | 1.26 | -47.06 | 1.0 | -41.18 | 5.56 | -24.66 | -1.26 | 0 | -0.26 | 0 | 0.08 | -14.19 |
| 2022 (9) | 11.21 | -7.58 | 23.91 | -16.57 | 16.18 | 594.42 | 0 | 0 | 71.22 | -39.35 | -0.76 | 0 | 10.96 | -33.54 | 15.39 | 9.58 | 29.89 | -15.35 | 0.36 | -56.63 | 14.84 | -23.39 | 13.55 | 5.45 | 13.41 | 0.07 | 3.29 | 15.44 | 2.38 | 35.23 | 1.7 | -74.85 | 7.38 | -35.09 | -1.26 | 0 | 0.44 | -89.95 | 0.10 | 7.8 |
| 2021 (8) | 12.13 | -21.34 | 28.66 | 82.08 | 2.33 | 45.62 | 0 | 0 | 117.42 | -10.53 | 4.4 | -66.69 | 16.49 | -45.97 | 14.04 | -39.61 | 35.31 | 12.38 | 0.83 | 33.87 | 19.37 | 54.59 | 12.85 | 3.71 | 13.4 | 0.98 | 2.85 | 86.27 | 1.76 | 66.04 | 6.76 | -51.37 | 11.37 | -31.05 | -2.38 | 0 | 4.38 | -63.92 | 0.09 | 22.99 |
| 2020 (7) | 15.42 | 86.68 | 15.74 | 4.03 | 1.6 | -77.3 | 0 | 0 | 131.24 | 124.3 | 13.21 | 598.94 | 30.52 | 201.88 | 23.26 | 34.59 | 31.42 | 161.18 | 0.62 | 3.33 | 12.53 | 59.41 | 12.39 | 197.84 | 13.27 | 38.09 | 1.53 | 14.18 | 1.06 | 34.18 | 13.9 | 479.17 | 16.49 | 264.02 | -1.76 | 0 | 12.14 | 805.97 | 0.07 | -53.0 |
| 2019 (6) | 8.26 | 38.59 | 15.13 | -8.58 | 7.05 | 9.13 | 0 | 0 | 58.51 | 5.29 | 1.89 | 76.64 | 10.11 | 8.59 | 17.28 | 3.14 | 12.03 | -1.39 | 0.6 | 400.0 | 7.86 | 19.82 | 4.16 | -10.54 | 9.61 | 3.33 | 1.34 | 8.94 | 0.79 | 33.9 | 2.4 | 64.38 | 4.53 | 38.11 | -1.06 | 0 | 1.34 | 100.0 | 0.16 | -2.91 |
| 2018 (5) | 5.96 | -2.77 | 16.55 | 25.28 | 6.46 | 559.18 | 0 | 0 | 55.57 | 24.65 | 1.07 | 0 | 9.31 | 17.55 | 16.75 | -5.7 | 12.2 | 1.41 | 0.12 | 0 | 6.56 | -44.08 | 4.65 | 59.79 | 9.3 | 0.0 | 1.23 | 0.0 | 0.59 | 59.46 | 1.46 | 18.7 | 3.28 | 15.9 | -0.79 | 0 | 0.67 | 4.69 | 0.16 | 6.08 |
| 2017 (4) | 6.13 | -20.9 | 13.21 | 41.13 | 0.98 | 2.08 | 0 | 0 | 44.58 | -5.65 | -1.51 | 0 | 7.92 | -5.15 | 17.77 | 0.53 | 12.03 | 91.26 | 0 | 0 | 11.73 | 151.18 | 2.91 | 53.97 | 9.3 | 0.0 | 1.23 | 32.26 | 0.37 | 0 | 1.23 | -77.18 | 2.83 | -55.22 | -0.59 | 0 | 0.64 | -87.25 | 0.15 | 16801.21 |
| 2016 (3) | 7.75 | 45.95 | 9.36 | 12.5 | 0.96 | 18.52 | 0 | 0 | 47.25 | 7.02 | 3.01 | 18.5 | 8.35 | -10.02 | 17.67 | -15.92 | 6.29 | 7.89 | 0 | 0 | 4.67 | -4.69 | 1.89 | -19.92 | 9.3 | 13.41 | 0.93 | 36.76 | 0 | 0 | 5.39 | 39.28 | 6.32 | 38.9 | -0.37 | 0 | 5.02 | 34.95 | 0.00 | -30.38 |
| 2015 (2) | 5.31 | 40.11 | 8.32 | 114.99 | 0.81 | -6.9 | 0 | 0 | 44.15 | -7.33 | 2.54 | -7.3 | 9.28 | -3.63 | 21.02 | 3.98 | 5.83 | -17.07 | 0.21 | 16.67 | 4.9 | -16.24 | 2.36 | -18.34 | 8.2 | 20.41 | 0.68 | 70.0 | 0 | 0 | 3.87 | 4.03 | 4.55 | 10.44 | -0.15 | 0 | 3.72 | -3.63 | 0.00 | 0 |
| 2014 (1) | 3.79 | -2.82 | 3.87 | -32.34 | 0.87 | -7.45 | 0 | 0 | 47.64 | 27.89 | 2.74 | 1041.67 | 9.63 | 0.42 | 20.21 | -21.48 | 7.03 | 11.76 | 0.18 | 0 | 5.85 | -13.33 | 2.89 | -12.16 | 6.81 | 0.0 | 0.4 | 5.26 | 0 | 0 | 3.72 | 268.32 | 4.12 | 196.4 | 0.14 | 366.67 | 3.86 | 271.15 | 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) | 8.46 | -18.5 | -1.05 | 18.6 | -2.46 | -3.28 | 2.41 | -13.31 | -18.86 | 0 | 0 | 0 | 15.86 | 5.8 | -4.74 | -1.32 | -24.53 | -628.0 | 8.73 | 9.81 | -0.91 | 12.08 | 11.01 | 2.96 | 24.0 | -3.85 | -17.21 | 0.25 | -7.41 | -21.88 | 18.95 | 0.64 | -4.73 | 13.04 | -3.05 | -5.71 | 16.71 | 0.0 | 4.7 | 3.29 | 0.0 | 0.0 | 1.26 | 0.0 | 0.0 | -1.05 | -475.0 | -210.53 | 3.5 | -27.39 | -36.36 | -0.3 | -100.0 | 0.0 | -1.35 | -1138.46 | -307.69 | 0.08 | 3.62 | 7.23 |
| 24Q2 (19) | 10.38 | -0.86 | -43.95 | 19.07 | -0.83 | 0.37 | 2.78 | -2.8 | -56.15 | 0 | 0 | 0 | 14.99 | -15.02 | -0.07 | -1.06 | -421.21 | -186.49 | 7.95 | -13.49 | -16.84 | 10.88 | -13.48 | -17.71 | 24.96 | 5.99 | -8.44 | 0.27 | -12.9 | -12.9 | 18.83 | -2.08 | 14.33 | 13.45 | 0.15 | -1.03 | 16.71 | 4.7 | 4.7 | 3.29 | 0.0 | 0.0 | 1.26 | 0.0 | 0.0 | 0.28 | -78.95 | -60.0 | 4.82 | -18.03 | -8.19 | -0.15 | 68.09 | 85.85 | 0.13 | -84.88 | 136.11 | 0.08 | 0.38 | -2.38 |
| 24Q1 (18) | 10.47 | -9.66 | 1.06 | 19.23 | -9.21 | -8.43 | 2.86 | -4.03 | -82.51 | 0 | 0 | 0 | 17.64 | -25.76 | -21.46 | 0.33 | 1550.0 | 129.2 | 9.19 | -14.27 | -26.24 | 12.58 | -8.62 | -28.24 | 23.55 | -4.81 | -10.01 | 0.31 | 0.0 | -6.06 | 19.23 | 0.21 | 20.49 | 13.43 | 2.13 | 0.98 | 15.96 | 0.0 | 18.57 | 3.29 | 0.0 | 0.0 | 1.26 | 0.0 | -47.06 | 1.33 | 33.0 | 2760.0 | 5.88 | 5.76 | 4.63 | -0.47 | 62.7 | 64.39 | 0.86 | 430.77 | 162.77 | 0.08 | -2.99 | -25.0 |
| 23Q4 (17) | 11.59 | 35.56 | 3.39 | 21.18 | 10.14 | -11.42 | 2.98 | 0.34 | -81.58 | 0 | 0 | 0 | 23.76 | 42.7 | 13.36 | 0.02 | -92.0 | 104.26 | 10.72 | 21.68 | -2.19 | 13.77 | 17.3 | -10.54 | 24.74 | -14.66 | -17.23 | 0.31 | -3.12 | -13.89 | 19.19 | -3.52 | 29.31 | 13.15 | -4.92 | -2.95 | 15.96 | 0.0 | 19.02 | 3.29 | 0.0 | 0.0 | 1.26 | 0.0 | -47.06 | 1.0 | 5.26 | -41.18 | 5.56 | 1.09 | -24.66 | -1.26 | -320.0 | 0.0 | -0.26 | -140.0 | -159.09 | 0.08 | 6.27 | -14.19 |
| 23Q3 (16) | 8.55 | -53.83 | 14.46 | 19.23 | 1.21 | -11.91 | 2.97 | -53.15 | -81.93 | 0 | 0 | 0 | 16.65 | 11.0 | 20.13 | 0.25 | 167.57 | -68.35 | 8.81 | -7.85 | -24.31 | 11.74 | -11.27 | -22.17 | 28.99 | 6.35 | -2.29 | 0.32 | 3.23 | -46.67 | 19.89 | 20.77 | 142.27 | 13.83 | 1.77 | 0.8 | 15.96 | 0.0 | 19.02 | 3.29 | 0.0 | 0.0 | 1.26 | 0.0 | -47.06 | 0.95 | 35.71 | -57.59 | 5.5 | 4.76 | -30.47 | -0.3 | 71.7 | 56.52 | 0.65 | 280.56 | -58.06 | 0.08 | -5.67 | -15.6 |
| 23Q2 (15) | 18.52 | 78.76 | 136.53 | 19.0 | -9.52 | -18.7 | 6.34 | -61.22 | -49.44 | 0 | 0 | 0 | 15.0 | -33.21 | 8.77 | -0.37 | 67.26 | 41.27 | 9.56 | -23.27 | -28.34 | 13.23 | -24.56 | -13.05 | 27.26 | 4.17 | -2.57 | 0.31 | -6.06 | -60.76 | 16.47 | 3.2 | 94.45 | 13.59 | 2.18 | 3.03 | 15.96 | 18.57 | 19.02 | 3.29 | 0.0 | 0.0 | 1.26 | -47.06 | -47.06 | 0.7 | 1500.0 | -51.72 | 5.25 | -6.58 | -26.26 | -1.06 | 19.7 | 20.3 | -0.36 | 73.72 | -400.0 | 0.08 | -22.89 | -13.39 |
| 23Q1 (14) | 10.36 | -7.58 | 7.02 | 21.0 | -12.17 | -14.29 | 16.35 | 1.05 | 617.11 | 0 | 0 | 0 | 22.46 | 7.16 | -0.66 | -1.13 | -140.43 | -151.11 | 12.46 | 13.69 | -24.8 | 17.53 | 13.93 | 7.55 | 26.17 | -12.45 | -13.2 | 0.33 | -8.33 | -58.23 | 15.96 | 7.55 | -16.31 | 13.3 | -1.85 | 1.84 | 13.46 | 0.37 | 0.37 | 3.29 | 0.0 | 15.44 | 2.38 | 0.0 | 35.23 | -0.05 | -102.94 | -101.59 | 5.62 | -23.85 | -27.48 | -1.32 | -4.76 | 16.98 | -1.37 | -411.36 | -188.39 | 0.11 | 11.0 | 9.43 |
| 22Q4 (13) | 11.21 | 50.07 | -7.58 | 23.91 | 9.53 | -16.57 | 16.18 | -1.58 | 594.42 | 0 | 0 | 0 | 20.96 | 51.23 | -22.2 | -0.47 | -159.49 | -435.71 | 10.96 | -5.84 | -33.54 | 15.39 | 2.06 | 9.58 | 29.89 | 0.74 | -15.35 | 0.36 | -40.0 | -56.63 | 14.84 | 80.76 | -23.39 | 13.55 | -1.24 | 5.45 | 13.41 | 0.0 | 0.07 | 3.29 | 0.0 | 15.44 | 2.38 | 0.0 | 35.23 | 1.7 | -24.11 | -74.85 | 7.38 | -6.7 | -35.09 | -1.26 | -82.61 | 47.06 | 0.44 | -71.61 | -89.95 | 0.10 | 4.53 | 7.8 |
| 22Q3 (12) | 7.47 | -4.6 | -20.36 | 21.83 | -6.59 | -22.59 | 16.44 | 31.1 | 927.5 | 0 | 0 | 0 | 13.86 | 0.51 | -43.1 | 0.79 | 225.4 | -28.83 | 11.64 | -12.74 | -42.49 | 15.08 | -0.88 | 7.57 | 29.67 | 6.04 | -18.96 | 0.6 | -24.05 | -29.41 | 8.21 | -3.07 | -59.85 | 13.72 | 4.02 | 11.64 | 13.41 | 0.0 | 0.07 | 3.29 | 0.0 | 15.44 | 2.38 | 0.0 | 35.23 | 2.24 | 54.48 | -66.16 | 7.91 | 11.1 | -29.5 | -0.69 | 48.12 | 69.6 | 1.55 | 1191.67 | -64.37 | 0.09 | -3.2 | 21.72 |
| 22Q2 (11) | 7.83 | -19.11 | -28.3 | 23.37 | -4.61 | 73.24 | 12.54 | 450.0 | 683.75 | 0 | 0 | 0 | 13.79 | -39.01 | -50.29 | -0.63 | -40.0 | -223.53 | 13.34 | -19.49 | -34.06 | 15.21 | -6.69 | 17.14 | 27.98 | -7.2 | -22.1 | 0.79 | 0.0 | 31.67 | 8.47 | -55.58 | -59.3 | 13.19 | 1.0 | 11.12 | 13.41 | 0.0 | 0.07 | 3.29 | 15.44 | 115.03 | 2.38 | 35.23 | 124.53 | 1.45 | -53.82 | -80.74 | 7.12 | -8.13 | -29.64 | -1.33 | 16.35 | 39.27 | 0.12 | -92.26 | -97.75 | 0.10 | -2.57 | 20.28 |
| 22Q1 (10) | 9.68 | -20.2 | -37.22 | 24.5 | -14.52 | 30.74 | 2.28 | -2.15 | 42.5 | 0 | 0 | 0 | 22.61 | -16.07 | -41.09 | -0.45 | -421.43 | -116.98 | 16.57 | 0.49 | -33.08 | 16.30 | 16.07 | 0.81 | 30.15 | -14.61 | -14.0 | 0.79 | -4.82 | 29.51 | 19.07 | -1.55 | 63.55 | 13.06 | 1.63 | 6.18 | 13.41 | 0.07 | 0.52 | 2.85 | 0.0 | 86.27 | 1.76 | 0.0 | 66.04 | 3.14 | -53.55 | -55.27 | 7.75 | -31.84 | -19.35 | -1.59 | 33.19 | 12.15 | 1.55 | -64.61 | -70.25 | 0.10 | 9.34 | 17.58 |
| 21Q4 (9) | 12.13 | 29.32 | -21.34 | 28.66 | 1.63 | 82.08 | 2.33 | 45.62 | 45.62 | 0 | 0 | 0 | 26.94 | 10.59 | -50.04 | 0.14 | -87.39 | -98.02 | 16.49 | -18.53 | -45.97 | 14.04 | 0.19 | -39.62 | 35.31 | -3.55 | 12.38 | 0.83 | -2.35 | 33.87 | 19.37 | -5.28 | 54.59 | 12.85 | 4.56 | 3.71 | 13.4 | 0.0 | 0.98 | 2.85 | 0.0 | 86.27 | 1.76 | 0.0 | 66.04 | 6.76 | 2.11 | -51.37 | 11.37 | 1.34 | -31.05 | -2.38 | -4.85 | -35.23 | 4.38 | 0.69 | -63.92 | 0.09 | 18.03 | 22.99 |
| 21Q3 (8) | 9.38 | -14.1 | -25.5 | 28.2 | 109.04 | 175.39 | 1.6 | 0.0 | 1.27 | 0 | 0 | 0 | 24.36 | -12.18 | -31.86 | 1.11 | 117.65 | -73.82 | 20.24 | 0.05 | 10.9 | 14.02 | 7.94 | -27.73 | 36.61 | 1.92 | 37.17 | 0.85 | 41.67 | 37.1 | 20.45 | -1.73 | 44.63 | 12.29 | 3.54 | -7.45 | 13.4 | 0.0 | 2.21 | 2.85 | 86.27 | 86.27 | 1.76 | 66.04 | 66.04 | 6.62 | -12.08 | -3.07 | 11.22 | 10.87 | 19.11 | -2.27 | -3.65 | -29.71 | 4.35 | -18.54 | -14.37 | 0.08 | -4.35 | -12.73 |
| 21Q2 (7) | 10.92 | -29.18 | -14.95 | 13.49 | -28.01 | -10.48 | 1.6 | 0.0 | -69.52 | 0 | 0 | 0 | 27.74 | -27.72 | 10.61 | 0.51 | -80.75 | -73.02 | 20.23 | -18.3 | 55.74 | 12.99 | -19.69 | 0 | 35.92 | 2.45 | 120.64 | 0.6 | -1.64 | 5.26 | 20.81 | 78.47 | 138.1 | 11.87 | -3.5 | -15.21 | 13.4 | 0.45 | 10.74 | 1.53 | 0.0 | 0.0 | 1.06 | 0.0 | 0.0 | 7.53 | 7.26 | 189.62 | 10.12 | 5.31 | 95.37 | -2.19 | -20.99 | -39.49 | 5.34 | 2.5 | 418.45 | 0.08 | -4.75 | -28.27 |
| 21Q1 (6) | 15.42 | 0.0 | 146.33 | 18.74 | 19.06 | 15.75 | 1.6 | 0.0 | -78.55 | 0 | 0 | 0 | 38.38 | -28.82 | 132.89 | 2.65 | -62.57 | 26400.0 | 24.76 | -18.87 | 96.66 | 16.17 | -30.48 | 0 | 35.06 | 11.58 | 210.82 | 0.61 | -1.61 | 3.39 | 11.66 | -6.94 | 27.85 | 12.3 | -0.73 | -12.02 | 13.34 | 0.53 | 15.9 | 1.53 | 0.0 | 14.18 | 1.06 | 0.0 | 34.18 | 7.02 | -49.5 | 505.17 | 9.61 | -41.72 | 192.1 | -1.81 | -2.84 | -50.83 | 5.21 | -57.08 | 13125.0 | 0.08 | 14.37 | -34.99 |
| 20Q4 (5) | 15.42 | 22.48 | 86.68 | 15.74 | 53.71 | 4.03 | 1.6 | 1.27 | -77.3 | 0 | 0 | 0 | 53.92 | 50.83 | 221.14 | 7.08 | 66.98 | 831.58 | 30.52 | 67.23 | 201.88 | 23.26 | 19.92 | 0 | 31.42 | 17.72 | 161.18 | 0.62 | 0.0 | 3.33 | 12.53 | -11.39 | 59.41 | 12.39 | -6.7 | 197.84 | 13.27 | 1.22 | 38.09 | 1.53 | 0.0 | 14.18 | 1.06 | 0.0 | 34.18 | 13.9 | 103.51 | 479.17 | 16.49 | 75.05 | 264.02 | -1.76 | -0.57 | -66.04 | 12.14 | 138.98 | 805.97 | 0.07 | -16.26 | -53.0 |
| 20Q3 (4) | 12.59 | -1.95 | 0.0 | 10.24 | -32.05 | 0.0 | 1.58 | -69.9 | 0.0 | 0 | 0 | 0.0 | 35.75 | 42.54 | 0.0 | 4.24 | 124.34 | 0.0 | 18.25 | 40.49 | 0.0 | 19.39 | 0 | 0.0 | 26.69 | 63.94 | 0.0 | 0.62 | 8.77 | 0.0 | 14.14 | 61.78 | 0.0 | 13.28 | -5.14 | 0.0 | 13.11 | 8.35 | 0.0 | 1.53 | 0.0 | 0.0 | 1.06 | 0.0 | 0.0 | 6.83 | 162.69 | 0.0 | 9.42 | 81.85 | 0.0 | -1.75 | -11.46 | 0.0 | 5.08 | 393.2 | 0.0 | 0.09 | -21.37 | 0.0 |
