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) | 4.88 | -59.43 | 15.27 | -28.68 | 0 | 0 | 0 | 0 | 94.32 | -10.77 | 4.18 | -61.47 | 12.77 | 17.8 | 13.54 | 32.03 | 31.57 | -18.82 | 8.1 | 1.25 | 0 | 0 | 0.93 | -1.06 | 47.7 | 0.0 | 11.82 | 9.95 | 2.51 | 0.0 | 9.4 | -37.0 | 23.74 | -15.73 | 7.64 | 25.45 | 17.04 | -18.9 | 0.03 | 1.32 |
| 2022 (9) | 12.03 | 85.36 | 21.41 | 31.59 | 0.04 | -98.11 | 0 | 0 | 105.71 | 14.91 | 10.85 | 14.45 | 10.84 | -6.79 | 10.25 | -18.89 | 38.89 | 22.91 | 8.0 | -4.76 | 0 | 0 | 0.94 | -1.05 | 47.7 | 0.0 | 10.75 | 9.69 | 2.51 | 0.0 | 14.92 | 22.0 | 28.17 | 14.79 | 6.09 | 181.94 | 21.01 | 46.0 | 0.03 | -7.29 |
| 2021 (8) | 6.49 | -32.68 | 16.27 | -7.56 | 2.12 | 96.3 | 0 | 0 | 91.99 | 8.45 | 9.48 | 70.81 | 11.63 | 0.95 | 12.64 | -6.91 | 31.64 | 39.57 | 8.4 | 13.67 | 0.03 | -98.61 | 0.95 | -2.06 | 47.7 | 0.0 | 9.8 | 5.95 | 2.51 | 0.0 | 12.23 | 34.99 | 24.54 | 17.87 | 2.16 | 51.05 | 14.39 | 37.18 | 0.03 | -15.11 |
| 2020 (7) | 9.64 | 175.43 | 17.6 | -15.34 | 1.08 | -16.28 | 0 | 0 | 84.82 | -3.58 | 5.55 | 158.14 | 11.52 | 3.04 | 13.58 | 6.87 | 22.67 | -26.73 | 7.39 | 3.21 | 2.16 | -17.87 | 0.97 | -1.02 | 47.7 | 0.0 | 9.25 | 2.32 | 2.51 | 0.0 | 9.06 | 46.84 | 20.82 | 17.56 | 1.43 | -10.62 | 10.49 | 35.01 | 0.04 | -18.7 |
| 2019 (6) | 3.5 | 36.19 | 20.79 | 3.33 | 1.29 | -19.38 | 0 | 0 | 87.97 | -10.1 | 2.15 | -43.42 | 11.18 | -0.18 | 12.71 | 11.03 | 30.94 | -8.46 | 7.16 | -9.94 | 2.63 | -32.91 | 0.98 | -1.01 | 47.7 | -4.49 | 9.04 | 4.39 | 2.51 | 0.0 | 6.17 | -9.93 | 17.71 | -1.72 | 1.6 | 31.15 | 7.77 | -3.72 | 0.05 | 0.69 |
| 2018 (5) | 2.57 | -49.21 | 20.12 | 200.3 | 1.6 | 24.03 | 0 | 0 | 97.85 | 11.35 | 3.8 | -39.59 | 11.2 | 9.91 | 11.45 | -1.29 | 33.8 | 23.09 | 7.95 | -4.68 | 3.92 | -39.13 | 0.99 | 2.06 | 49.94 | 1.73 | 8.66 | 7.85 | 2.51 | 0.0 | 6.85 | -35.26 | 18.02 | -14.68 | 1.22 | -36.46 | 8.07 | -35.44 | 0.05 | -2.33 |
| 2017 (4) | 5.06 | -40.26 | 6.7 | 55.45 | 1.29 | 168.75 | 0 | 0 | 87.88 | 2.5 | 6.29 | -25.91 | 10.19 | 5.05 | 11.60 | 2.49 | 27.46 | -3.85 | 8.34 | 112.21 | 6.44 | -31.56 | 0.97 | 4.3 | 49.09 | 10.31 | 8.03 | 11.84 | 2.51 | 0.0 | 10.58 | -15.36 | 21.12 | -4.82 | 1.92 | 52.38 | 12.5 | -9.16 | 0.05 | -6.3 |
| 2016 (3) | 8.47 | -29.06 | 4.31 | -34.1 | 0.48 | -67.79 | 0 | 0 | 85.74 | -9.38 | 8.49 | 33.7 | 9.7 | -11.9 | 11.31 | -2.77 | 28.56 | 6.49 | 3.93 | 195.49 | 9.41 | -13.03 | 0.93 | 0.0 | 44.5 | 3.51 | 7.18 | 9.79 | 2.51 | 0.0 | 12.5 | 28.21 | 22.19 | 17.97 | 1.26 | 2.44 | 13.76 | 25.32 | 0.05 | -2.13 |
| 2015 (2) | 11.94 | 12.85 | 6.54 | -45.59 | 1.49 | -54.71 | 0.02 | -33.33 | 94.62 | -14.56 | 6.35 | 239.57 | 11.01 | 2.9 | 11.64 | 20.44 | 26.82 | -24.66 | 1.33 | -39.27 | 10.82 | 18.38 | 0.93 | -1.06 | 42.99 | 0.0 | 6.54 | 2.83 | 2.51 | 0.0 | 9.75 | 56.5 | 18.81 | 24.65 | 1.23 | -13.38 | 10.98 | 43.53 | 0.06 | 9.99 |
| 2014 (1) | 10.58 | 25.36 | 12.02 | 22.65 | 3.29 | -14.99 | 0.03 | 0 | 110.75 | -2.18 | 1.87 | -37.04 | 10.7 | 9.74 | 9.66 | 12.19 | 35.6 | -11.02 | 2.19 | 68.46 | 9.14 | 55.44 | 0.94 | 0.0 | 42.99 | 0.0 | 6.36 | 4.95 | 2.51 | 0.0 | 6.23 | -12.13 | 15.09 | -3.64 | 1.42 | -0.7 | 7.65 | -10.21 | 0.05 | 15.34 |
| 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) | 3.75 | -29.25 | -49.39 | 10.99 | -19.31 | -47.79 | 0 | 0 | 0 | 0 | 0 | 0 | 25.75 | -13.53 | 10.52 | 1.96 | -28.73 | 26.45 | 15.71 | -8.56 | 25.38 | 15.21 | -10.73 | 17.6 | 30.34 | -3.71 | -1.11 | 6.48 | 0.0 | -22.49 | 1.56 | 0 | 0 | 0.98 | 0.0 | 5.38 | 47.7 | 0.0 | 0.0 | 12.24 | 0.0 | 3.55 | 2.51 | 0.0 | 0.0 | 12.82 | 19.59 | 43.08 | 27.57 | 8.24 | 18.38 | 17.44 | 2.17 | 106.88 | 30.26 | 8.89 | 74.01 | 0.03 | -3.95 | -15.04 |
| 24Q2 (19) | 5.3 | 13.25 | -20.66 | 13.62 | -16.95 | -6.39 | 0 | 0 | -100.0 | 0 | 0 | 0 | 29.78 | 16.97 | 23.72 | 2.75 | 48.65 | 120.0 | 17.18 | 13.1 | 41.75 | 17.04 | 6.7 | 38.83 | 31.51 | -3.76 | -3.17 | 6.48 | -22.58 | -20.1 | 0 | 0 | 0 | 0.98 | 4.26 | 4.26 | 47.7 | 0.0 | 0.0 | 12.24 | 3.55 | 3.55 | 2.51 | 0.0 | 0.0 | 10.72 | 27.77 | 44.47 | 25.47 | 12.1 | 17.05 | 17.07 | 58.5 | 96.21 | 27.79 | 45.04 | 72.39 | 0.03 | -9.33 | -11.64 |
| 24Q1 (18) | 4.68 | -4.1 | -0.21 | 16.4 | 7.4 | -4.82 | 0 | 0 | -100.0 | 0 | 0 | 0 | 25.46 | 14.12 | 3.29 | 1.85 | 320.45 | 96.81 | 15.19 | 18.95 | 6.67 | 15.97 | 17.94 | 13.41 | 32.74 | 3.71 | -7.77 | 8.37 | 3.33 | 10.57 | 0 | 0 | 0 | 0.94 | 1.08 | 0.0 | 47.7 | 0.0 | 0.0 | 11.82 | 0.0 | 9.95 | 2.51 | 0.0 | 0.0 | 8.39 | -10.74 | -47.1 | 22.72 | -4.3 | -21.98 | 10.77 | 40.97 | 55.19 | 19.16 | 12.44 | -15.96 | 0.03 | -2.5 | 2.66 |
| 23Q4 (17) | 4.88 | -34.14 | -59.43 | 15.27 | -27.46 | -28.68 | 0 | 0 | -100.0 | 0 | 0 | 0 | 22.31 | -4.25 | -10.29 | 0.44 | -71.61 | -69.66 | 12.77 | 1.92 | 17.8 | 13.54 | 4.68 | 32.0 | 31.57 | 2.9 | -18.82 | 8.1 | -3.11 | 1.25 | 0 | 0 | 0 | 0.93 | 0.0 | -1.06 | 47.7 | 0.0 | 0.0 | 11.82 | 0.0 | 9.95 | 2.51 | 0.0 | 0.0 | 9.4 | 4.91 | -37.0 | 23.74 | 1.93 | -15.73 | 7.64 | -9.37 | 25.45 | 17.04 | -2.01 | -18.9 | 0.03 | 0.05 | 1.32 |
| 23Q3 (16) | 7.41 | 10.93 | -53.01 | 21.05 | 44.67 | -32.12 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 23.3 | -3.2 | -7.47 | 1.55 | 24.0 | -39.45 | 12.53 | 3.38 | -12.38 | 12.93 | 5.39 | -7.2 | 30.68 | -5.72 | -21.59 | 8.36 | 3.08 | -6.07 | 0 | 0 | -100.0 | 0.93 | -1.06 | -1.06 | 47.7 | 0.0 | 0.0 | 11.82 | 0.0 | 9.95 | 2.51 | 0.0 | 0.0 | 8.96 | 20.75 | -33.78 | 23.29 | 7.03 | -13.06 | 8.43 | -3.1 | 258.72 | 17.39 | 7.88 | 9.51 | 0.03 | -0.09 | -3.0 |
| 23Q2 (15) | 6.68 | 42.43 | -52.62 | 14.55 | -15.55 | -25.15 | 0.02 | -33.33 | -98.17 | 0 | 0 | 0 | 24.07 | -2.35 | -9.0 | 1.25 | 32.98 | -65.08 | 12.12 | -14.89 | -9.69 | 12.27 | -12.84 | -8.91 | 32.54 | -8.34 | -16.0 | 8.11 | 7.13 | -9.59 | 0 | 0 | -100.0 | 0.94 | 0.0 | 0.0 | 47.7 | 0.0 | 0.0 | 11.82 | 9.95 | 9.95 | 2.51 | 0.0 | 0.0 | 7.42 | -53.22 | -32.36 | 21.76 | -25.27 | -10.19 | 8.7 | 25.36 | 234.62 | 16.12 | -29.3 | 18.79 | 0.03 | 5.33 | -6.02 |
| 23Q1 (14) | 4.69 | -61.01 | -36.79 | 17.23 | -19.52 | 15.48 | 0.03 | -25.0 | -97.25 | 0 | 0 | 0 | 24.65 | -0.88 | -15.58 | 0.94 | -35.17 | -71.17 | 14.24 | 31.37 | -4.88 | 14.08 | 37.27 | -8.01 | 35.5 | -8.72 | 14.07 | 7.57 | -5.38 | -16.54 | 0 | 0 | -100.0 | 0.94 | 0.0 | -1.05 | 47.7 | 0.0 | 0.0 | 10.75 | 0.0 | 9.69 | 2.51 | 0.0 | 0.0 | 15.86 | 6.3 | 2.32 | 29.12 | 3.37 | 4.71 | 6.94 | 13.96 | 149.64 | 22.8 | 8.52 | 24.73 | 0.03 | -3.77 | -5.75 |
| 22Q4 (13) | 12.03 | -23.72 | 85.36 | 21.41 | -30.96 | 31.59 | 0.04 | 0.0 | -98.11 | 0 | 0 | 0 | 24.87 | -1.23 | 14.13 | 1.45 | -43.36 | 9.02 | 10.84 | -24.2 | -6.79 | 10.26 | -26.4 | -18.88 | 38.89 | -0.61 | 22.91 | 8.0 | -10.11 | -4.76 | 0 | -100.0 | -100.0 | 0.94 | 0.0 | -1.05 | 47.7 | 0.0 | 0.0 | 10.75 | 0.0 | 9.69 | 2.51 | 0.0 | 0.0 | 14.92 | 10.27 | 22.0 | 28.17 | 5.15 | 14.79 | 6.09 | 159.15 | 181.94 | 21.01 | 32.3 | 46.0 | 0.03 | -4.22 | -7.29 |
| 22Q3 (12) | 15.77 | 11.84 | 434.58 | 31.01 | 59.52 | 112.54 | 0.04 | -96.33 | -98.11 | 0 | 0 | 0 | 25.18 | -4.8 | 13.53 | 2.56 | -28.49 | -8.57 | 14.3 | 6.56 | 2.66 | 13.93 | 3.44 | -10.09 | 39.13 | 1.01 | 34.38 | 8.9 | -0.78 | 8.14 | 0.01 | -50.0 | -75.0 | 0.94 | 0.0 | -3.09 | 47.7 | 0.0 | 0.0 | 10.75 | 0.0 | 9.69 | 2.51 | 0.0 | 0.0 | 13.53 | 23.34 | 24.82 | 26.79 | 10.57 | 15.67 | 2.35 | -9.62 | 14.08 | 15.88 | 17.02 | 23.1 | 0.03 | -3.21 | -14.59 |
| 22Q2 (11) | 14.1 | 90.03 | 60.05 | 19.44 | 30.29 | 47.5 | 1.09 | 0.0 | -48.58 | 0 | 0 | 0 | 26.45 | -9.42 | 7.3 | 3.58 | 9.82 | 28.32 | 13.42 | -10.35 | 14.7 | 13.47 | -11.97 | 2.36 | 38.74 | 24.49 | 49.06 | 8.97 | -1.1 | 11.15 | 0.02 | -33.33 | -98.17 | 0.94 | -1.05 | -3.09 | 47.7 | 0.0 | 0.0 | 10.75 | 9.69 | 16.22 | 2.51 | 0.0 | 0.0 | 10.97 | -29.23 | -23.82 | 24.23 | -12.87 | -7.41 | 2.6 | -6.47 | 53.85 | 13.57 | -25.77 | -15.66 | 0.03 | 5.64 | -9.89 |
| 22Q1 (10) | 7.42 | 14.33 | 25.34 | 14.92 | -8.3 | 24.85 | 1.09 | -48.58 | -48.58 | 0 | 0 | 0 | 29.2 | 34.01 | 24.95 | 3.26 | 145.11 | 27.84 | 14.97 | 28.72 | 16.23 | 15.30 | 21.05 | 0.52 | 31.12 | -1.64 | 30.1 | 9.07 | 7.98 | 19.97 | 0.03 | 0.0 | -97.27 | 0.95 | 0.0 | -2.06 | 47.7 | 0.0 | 0.0 | 9.8 | 0.0 | 5.95 | 2.51 | 0.0 | 0.0 | 15.5 | 26.74 | 33.51 | 27.81 | 13.33 | 18.95 | 2.78 | 28.7 | 82.89 | 18.28 | 27.03 | 39.22 | 0.03 | -5.34 | -17.32 |
| 21Q4 (9) | 6.49 | 120.0 | -32.68 | 16.27 | 11.51 | -7.56 | 2.12 | 0.0 | 96.3 | 0 | 0 | 0 | 21.79 | -1.76 | 10.72 | 1.33 | -52.5 | -10.74 | 11.63 | -16.51 | 0.95 | 12.64 | -18.43 | -6.9 | 31.64 | 8.65 | 39.57 | 8.4 | 2.07 | 13.67 | 0.03 | -25.0 | -98.61 | 0.95 | -2.06 | -2.06 | 47.7 | 0.0 | 0.0 | 9.8 | 0.0 | 5.95 | 2.51 | 0.0 | 0.0 | 12.23 | 12.82 | 34.99 | 24.54 | 5.96 | 17.87 | 2.16 | 4.85 | 51.05 | 14.39 | 11.55 | 37.18 | 0.03 | -11.76 | -15.11 |
| 21Q3 (8) | 2.95 | -66.52 | 18.95 | 14.59 | 10.7 | -15.57 | 2.12 | 0.0 | 94.5 | 0 | 0 | 0 | 22.18 | -10.02 | 4.62 | 2.8 | 0.36 | 53.85 | 13.93 | 19.06 | 6.83 | 15.50 | 17.76 | 4.4 | 29.12 | 12.04 | 6.24 | 8.23 | 1.98 | 14.62 | 0.04 | -96.33 | -98.17 | 0.97 | 0.0 | -1.02 | 47.7 | 0.0 | 0.0 | 9.8 | 5.95 | 5.95 | 2.51 | 0.0 | 0.0 | 10.84 | -24.72 | 42.07 | 23.16 | -11.5 | 19.44 | 2.06 | 21.89 | 82.3 | 12.9 | -19.83 | 47.26 | 0.04 | 2.13 | -14.27 |
| 21Q2 (7) | 8.81 | 48.82 | 265.56 | 13.18 | 10.29 | -2.95 | 2.12 | 0.0 | 64.34 | 0 | 0 | 0 | 24.65 | 5.48 | 21.13 | 2.79 | 9.41 | 114.62 | 11.7 | -9.16 | 11.64 | 13.16 | -13.56 | 0 | 25.99 | 8.65 | -2.7 | 8.07 | 6.75 | 13.03 | 1.09 | -0.91 | -44.95 | 0.97 | 0.0 | -1.02 | 47.7 | 0.0 | 0.0 | 9.25 | 0.0 | 0.0 | 2.51 | 0.0 | 0.0 | 14.4 | 24.03 | 147.85 | 26.17 | 11.93 | 48.95 | 1.69 | 11.18 | 44.44 | 16.09 | 22.54 | 130.52 | 0.04 | -3.08 | -19.24 |
| 21Q1 (6) | 5.92 | -38.59 | 103.44 | 11.95 | -32.1 | -44.68 | 2.12 | 96.3 | 64.34 | 0 | 0 | 0 | 23.37 | 18.75 | -0.97 | 2.55 | 71.14 | 171.28 | 12.88 | 11.81 | -3.23 | 15.22 | 12.11 | 0 | 23.92 | 5.51 | -13.93 | 7.56 | 2.3 | 5.15 | 1.1 | -49.07 | -44.72 | 0.97 | 0.0 | -1.02 | 47.7 | 0.0 | 0.0 | 9.25 | 0.0 | 2.32 | 2.51 | 0.0 | 0.0 | 11.61 | 28.15 | 63.29 | 23.38 | 12.3 | 25.29 | 1.52 | 6.29 | 67.03 | 13.13 | 25.17 | 63.72 | 0.04 | -2.8 | -21.78 |
| 20Q4 (5) | 9.64 | 288.71 | 175.43 | 17.6 | 1.85 | -15.34 | 1.08 | -0.92 | -16.28 | 0 | 0 | 0 | 19.68 | -7.17 | -13.27 | 1.49 | -18.13 | 302.7 | 11.52 | -11.66 | 3.04 | 13.58 | -8.52 | 0 | 22.67 | -17.29 | -26.73 | 7.39 | 2.92 | 3.21 | 2.16 | -0.92 | -17.87 | 0.97 | -1.02 | -1.02 | 47.7 | 0.0 | 0.0 | 9.25 | 0.0 | 2.32 | 2.51 | 0.0 | 0.0 | 9.06 | 18.74 | 46.84 | 20.82 | 7.37 | 17.56 | 1.43 | 26.55 | -10.62 | 10.49 | 19.75 | 35.01 | 0.04 | -10.89 | -18.7 |
| 20Q3 (4) | 2.48 | 2.9 | 0.0 | 17.28 | 27.25 | 0.0 | 1.09 | -15.5 | 0.0 | 0 | 0 | 0.0 | 21.2 | 4.18 | 0.0 | 1.82 | 40.0 | 0.0 | 13.04 | 24.43 | 0.0 | 14.85 | 0 | 0.0 | 27.41 | 2.62 | 0.0 | 7.18 | 0.56 | 0.0 | 2.18 | 10.1 | 0.0 | 0.98 | 0.0 | 0.0 | 47.7 | 0.0 | 0.0 | 9.25 | 0.0 | 0.0 | 2.51 | 0.0 | 0.0 | 7.63 | 31.33 | 0.0 | 19.39 | 10.36 | 0.0 | 1.13 | -3.42 | 0.0 | 8.76 | 25.5 | 0.0 | 0.05 | -3.79 | 0.0 |
