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) | 14.1 | 16.05 | 16.19 | 2.08 | 0.43 | 230.77 | 0 | 0 | 78.61 | -11.59 | 0.86 | -77.01 | 16.2 | 5.54 | 20.61 | 19.38 | 33.9 | -14.63 | 1.41 | 5.22 | 10.06 | -7.54 | 1.28 | -15.23 | 54.78 | 0.0 | 11.9 | 4.02 | 0.3 | 0.0 | 11.32 | -10.02 | 23.52 | -3.33 | 0.4 | -42.86 | 11.72 | -11.75 | 0.04 | -9.82 |
| 2022 (9) | 12.15 | -16.21 | 15.86 | -19.78 | 0.13 | 0 | 0 | 0 | 88.92 | -3.36 | 3.74 | -20.93 | 15.35 | -16.67 | 17.26 | -13.77 | 39.71 | 12.49 | 1.34 | 8.06 | 10.88 | 8.8 | 1.51 | 30.17 | 54.78 | 0.0 | 11.44 | 3.53 | 0.3 | 0.0 | 12.58 | 12.93 | 24.33 | 8.18 | 0.7 | -88.43 | 13.28 | -22.75 | 0.04 | 21.32 |
| 2021 (8) | 14.5 | 8.61 | 19.77 | 10.94 | 0 | 0 | 0 | 0 | 92.01 | 18.43 | 4.73 | 122.07 | 18.42 | 15.34 | 20.02 | -2.61 | 35.3 | 10.38 | 1.24 | 10.71 | 10.0 | -20.0 | 1.16 | -3.33 | 54.78 | 0.0 | 11.05 | 2.7 | 0.3 | 0.0 | 11.14 | 22.15 | 22.49 | 11.39 | 6.05 | 421.55 | 17.19 | 67.22 | 0.03 | -8.19 |
| 2020 (7) | 13.35 | 36.36 | 17.82 | -25.84 | 0.4 | -91.49 | 0 | 0 | 77.69 | -16.75 | 2.13 | -41.16 | 15.97 | -3.33 | 20.56 | 16.12 | 31.98 | -8.73 | 1.12 | -11.81 | 12.5 | 26.26 | 1.2 | -1.64 | 54.78 | 0.0 | 10.76 | 3.56 | 0.3 | -80.0 | 9.12 | 27.91 | 20.19 | 6.21 | 1.16 | 0 | 10.28 | 50.51 | 0.04 | -7.57 |
| 2019 (6) | 9.79 | 16.69 | 24.03 | -6.46 | 4.7 | 154.05 | 0 | 0 | 93.32 | -3.0 | 3.62 | -9.95 | 16.52 | -8.43 | 17.70 | -5.59 | 35.04 | -6.76 | 1.27 | -6.62 | 9.9 | -35.67 | 1.22 | -6.87 | 54.78 | 0.0 | 10.39 | 4.11 | 1.5 | 248.84 | 7.13 | -5.69 | 19.01 | 5.73 | -0.3 | 0 | 6.83 | 12.71 | 0.04 | -2.16 |
| 2018 (5) | 8.39 | -11.4 | 25.69 | 25.07 | 1.85 | 208.33 | 0 | 0 | 96.21 | 4.93 | 4.02 | 9.84 | 18.04 | -0.22 | 18.75 | -4.91 | 37.58 | 10.79 | 1.36 | -4.9 | 15.39 | -19.55 | 1.31 | 10.08 | 54.78 | 0.0 | 9.98 | 3.74 | 0.43 | 0.0 | 7.56 | 13.0 | 17.98 | 7.41 | -1.5 | 0 | 6.06 | -21.09 | 0.04 | 1.89 |
| 2017 (4) | 9.47 | -3.47 | 20.54 | -19.26 | 0.6 | -75.9 | 0 | 0 | 91.69 | -2.98 | 3.66 | -21.96 | 18.08 | 3.85 | 19.72 | 7.04 | 33.92 | 0.18 | 1.43 | 85.71 | 19.13 | 81.67 | 1.19 | 260.61 | 54.78 | 0.0 | 9.62 | 5.14 | 0.43 | 0.0 | 6.69 | 8.96 | 16.74 | 6.49 | 0.99 | -26.67 | 7.68 | 2.54 | 0.04 | -3.48 |
| 2016 (3) | 9.81 | 20.66 | 25.44 | -2.79 | 2.49 | -48.34 | 0 | 0 | 94.51 | -0.9 | 4.69 | -16.99 | 17.41 | -10.53 | 18.42 | -9.72 | 33.86 | 6.98 | 0.77 | -21.43 | 10.53 | 46.45 | 0.33 | 0 | 54.78 | 5.0 | 9.15 | 6.64 | 0.43 | 0.0 | 6.14 | -21.38 | 15.72 | -6.6 | 1.35 | -51.09 | 7.49 | -29.14 | 0.04 | -0.69 |
| 2015 (2) | 8.13 | 27.83 | 26.17 | -4.52 | 4.82 | 33.52 | 0 | 0 | 95.37 | -3.67 | 5.65 | -2.25 | 19.46 | 2.15 | 20.40 | 6.04 | 31.65 | -3.24 | 0.98 | -20.97 | 7.19 | 43.8 | 0 | 0 | 52.17 | 5.01 | 8.58 | 7.12 | 0.43 | 0.0 | 7.81 | -3.1 | 16.83 | 2.0 | 2.76 | -15.85 | 10.57 | -6.79 | 0.04 | -2.31 |
| 2014 (1) | 6.36 | -24.73 | 27.41 | 60.01 | 3.61 | 50.42 | 0 | 0 | 99.0 | 12.9 | 5.78 | -1.7 | 19.05 | 3.81 | 19.24 | -8.05 | 32.71 | 11.68 | 1.24 | 33.33 | 5.0 | -40.48 | 0 | 0 | 49.68 | 4.99 | 8.01 | 7.95 | 0.43 | 0.0 | 8.06 | 4.54 | 16.5 | 6.04 | 3.28 | 26.64 | 11.34 | 10.1 | 0.04 | 0.85 |
| 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) | 16.17 | 5.82 | 29.57 | 18.78 | 1.68 | 7.44 | 0.43 | 0.0 | 0.0 | 0 | 0 | 0 | 20.36 | -7.54 | -1.64 | 0.46 | -62.6 | 2.22 | 16.22 | -11.9 | -9.13 | 20.07 | -11.53 | -11.8 | 33.75 | 5.37 | -3.54 | 3.85 | 165.52 | 181.02 | 8.85 | 0.0 | -13.91 | 1.5 | -6.25 | 7.91 | 54.78 | 0.0 | 0.0 | 12.01 | 0.0 | 0.92 | 0.3 | 0.0 | 0.0 | 12.38 | 3.86 | 11.13 | 24.69 | 1.9 | 5.78 | 2.07 | 666.67 | 208.96 | 14.45 | 18.54 | 22.35 | 0.03 | -18.66 | -16.16 |
| 24Q2 (19) | 15.28 | 0.2 | 32.18 | 18.47 | 9.29 | 7.51 | 0.43 | 0.0 | 0.0 | 0 | 0 | 0 | 22.02 | 15.89 | 15.53 | 1.23 | 310.0 | 1130.0 | 18.41 | 13.57 | 21.68 | 22.69 | 9.43 | 20.01 | 32.03 | -4.56 | -17.49 | 1.45 | 1.4 | 5.84 | 8.85 | -12.03 | -13.91 | 1.6 | -5.88 | 11.89 | 54.78 | 0.0 | 0.0 | 12.01 | 0.92 | 0.92 | 0.3 | 0.0 | 0.0 | 11.92 | 10.37 | 11.61 | 24.23 | 5.35 | 5.85 | 0.27 | -70.97 | -82.58 | 12.19 | 3.92 | -0.33 | 0.04 | 1.75 | -0.37 |
| 24Q1 (18) | 15.25 | 8.16 | 30.57 | 16.9 | 4.39 | 10.1 | 0.43 | 0.0 | 104.76 | 0 | 0 | 0 | 19.0 | -2.21 | -2.16 | 0.3 | 528.57 | -18.92 | 16.21 | 0.06 | 5.4 | 20.73 | 0.6 | 13.52 | 33.56 | -1.0 | -15.04 | 1.43 | 1.42 | 2.14 | 10.06 | 0.0 | -12.45 | 1.7 | 32.81 | 11.84 | 54.78 | 0.0 | 0.0 | 11.9 | 0.0 | 4.02 | 0.3 | 0.0 | 0.0 | 10.8 | -4.59 | -2.17 | 23.0 | -2.21 | 0.97 | 0.93 | 132.5 | -52.31 | 11.73 | 0.09 | -9.7 | 0.04 | 2.45 | -1.75 |
| 23Q4 (17) | 14.1 | 12.98 | 16.05 | 16.19 | -7.38 | 2.08 | 0.43 | 0.0 | 230.77 | 0 | 0 | 0 | 19.43 | -6.14 | 0.88 | -0.07 | -115.56 | -113.21 | 16.2 | -9.24 | 5.54 | 20.61 | -9.44 | 19.38 | 33.9 | -3.12 | -14.63 | 1.41 | 2.92 | 5.22 | 10.06 | -2.14 | -7.54 | 1.28 | -7.91 | -15.23 | 54.78 | 0.0 | 0.0 | 11.9 | 0.0 | 4.02 | 0.3 | 0.0 | 0.0 | 11.32 | 1.62 | -10.02 | 23.52 | 0.77 | -3.33 | 0.4 | -40.3 | -42.86 | 11.72 | -0.76 | -11.75 | 0.04 | -1.12 | -9.82 |
| 23Q3 (16) | 12.48 | 7.96 | -6.87 | 17.48 | 1.75 | -15.76 | 0.43 | 0.0 | 0 | 0 | 0 | 0 | 20.7 | 8.6 | -7.17 | 0.45 | 350.0 | -46.43 | 17.85 | 17.98 | 0.0 | 22.76 | 20.38 | 19.1 | 34.99 | -9.87 | -9.35 | 1.37 | 0.0 | 0.0 | 10.28 | 0.0 | -6.55 | 1.39 | -2.8 | 43.3 | 54.78 | 0.0 | 0.0 | 11.9 | 0.0 | 4.02 | 0.3 | 0.0 | 0.0 | 11.14 | 4.31 | -1.59 | 23.34 | 1.97 | 1.17 | 0.67 | -56.77 | -2.9 | 11.81 | -3.43 | -1.67 | 0.04 | -3.34 | -5.74 |
| 23Q2 (15) | 11.56 | -1.03 | -15.37 | 17.18 | 11.92 | -14.48 | 0.43 | 104.76 | -78.5 | 0 | 0 | 0 | 19.06 | -1.85 | -17.99 | 0.1 | -72.97 | -91.45 | 15.13 | -1.63 | -19.39 | 18.90 | 3.51 | -6.27 | 38.82 | -1.72 | 0.65 | 1.37 | -2.14 | 3.01 | 10.28 | -10.53 | 23.86 | 1.43 | -5.92 | 31.19 | 54.78 | 0.0 | 0.0 | 11.9 | 4.02 | 4.02 | 0.3 | 0.0 | 0.0 | 10.68 | -3.26 | 1.91 | 22.89 | 0.48 | 3.02 | 1.55 | -20.51 | 30.25 | 12.23 | -5.85 | 4.8 | 0.04 | 0.34 | 0.91 |
| 23Q1 (14) | 11.68 | -3.87 | -6.18 | 15.35 | -3.22 | -16.85 | 0.21 | 61.54 | 0 | 0 | 0 | 0 | 19.42 | 0.83 | -19.49 | 0.37 | -30.19 | -69.17 | 15.38 | 0.2 | -22.13 | 18.26 | 5.79 | -13.71 | 39.5 | -0.53 | 9.09 | 1.4 | 4.48 | 9.38 | 11.49 | 5.61 | 14.9 | 1.52 | 0.66 | 39.45 | 54.78 | 0.0 | 0.0 | 11.44 | 0.0 | 3.53 | 0.3 | 0.0 | 0.0 | 11.04 | -12.24 | 15.0 | 22.78 | -6.37 | 8.74 | 1.95 | 178.57 | -59.54 | 12.99 | -2.18 | -9.92 | 0.04 | -5.97 | 7.51 |
| 22Q4 (13) | 12.15 | -9.33 | -16.21 | 15.86 | -23.57 | -19.78 | 0.13 | 0 | 0 | 0 | 0 | 0 | 19.26 | -13.63 | -18.94 | 0.53 | -36.9 | -32.05 | 15.35 | -14.01 | -16.67 | 17.26 | -9.65 | -13.77 | 39.71 | 2.88 | 12.49 | 1.34 | -2.19 | 8.06 | 10.88 | -1.09 | 8.8 | 1.51 | 55.67 | 30.17 | 54.78 | 0.0 | 0.0 | 11.44 | 0.0 | 3.53 | 0.3 | 0.0 | 0.0 | 12.58 | 11.13 | 12.93 | 24.33 | 5.46 | 8.18 | 0.7 | 1.45 | -88.43 | 13.28 | 10.57 | -22.75 | 0.04 | 3.36 | 21.32 |
| 22Q3 (12) | 13.4 | -1.9 | -0.89 | 20.75 | 3.29 | -1.33 | 0 | -100.0 | 0 | 0 | 0 | 0 | 22.3 | -4.04 | 1.59 | 0.84 | -28.21 | -21.5 | 17.85 | -4.9 | -0.67 | 19.11 | -5.26 | -4.96 | 38.6 | 0.08 | 12.18 | 1.37 | 3.01 | 12.3 | 11.0 | 32.53 | 10.0 | 0.97 | -11.01 | -14.91 | 54.78 | 0.0 | 0.0 | 11.44 | 0.0 | 3.53 | 0.3 | 0.0 | 0.0 | 11.32 | 8.02 | 1.52 | 23.07 | 3.83 | 2.53 | 0.69 | -42.02 | -84.7 | 12.01 | 2.91 | -23.31 | 0.04 | 3.47 | 13.94 |
| 22Q2 (11) | 13.66 | 9.72 | -0.8 | 20.09 | 8.83 | 5.07 | 2.0 | 0 | -9.09 | 0 | 0 | 0 | 23.24 | -3.65 | -1.06 | 1.17 | -2.5 | -30.77 | 18.77 | -4.96 | 1.19 | 20.17 | -4.71 | -6.44 | 38.57 | 6.52 | 20.57 | 1.33 | 3.91 | 11.76 | 8.3 | -17.0 | -2.35 | 1.09 | 0.0 | 0.93 | 54.78 | 0.0 | 0.0 | 11.44 | 3.53 | 6.32 | 0.3 | 0.0 | 0.0 | 10.48 | 9.17 | 1.06 | 22.22 | 6.06 | 3.64 | 1.19 | -75.31 | -73.61 | 11.67 | -19.07 | -21.57 | 0.04 | 6.9 | 9.51 |
| 22Q1 (10) | 12.45 | -14.14 | -15.36 | 18.46 | -6.63 | -8.88 | 0 | 0 | -100.0 | 0 | 0 | 0 | 24.12 | 1.52 | 5.74 | 1.2 | 53.85 | 0.84 | 19.75 | 7.22 | 8.58 | 21.16 | 5.72 | -9.48 | 36.21 | 2.58 | 16.92 | 1.28 | 3.23 | 9.4 | 10.0 | 0.0 | -14.31 | 1.09 | -6.03 | -4.39 | 54.78 | 0.0 | 0.0 | 11.05 | 0.0 | 2.7 | 0.3 | 0.0 | 0.0 | 9.6 | -13.82 | 10.6 | 20.95 | -6.85 | 6.13 | 4.82 | -20.33 | 13.41 | 14.42 | -16.11 | 11.52 | 0.03 | 6.11 | 0.16 |
| 21Q4 (9) | 14.5 | 7.25 | 8.61 | 19.77 | -5.99 | 10.94 | 0 | 0 | -100.0 | 0 | 0 | 0 | 23.76 | 8.25 | 12.45 | 0.78 | -27.1 | -8.24 | 18.42 | 2.5 | 15.34 | 20.02 | -0.43 | -2.61 | 35.3 | 2.59 | 10.38 | 1.24 | 1.64 | 10.71 | 10.0 | 0.0 | -20.0 | 1.16 | 1.75 | -3.33 | 54.78 | 0.0 | 0.0 | 11.05 | 0.0 | 2.7 | 0.3 | 0.0 | 0.0 | 11.14 | -0.09 | 22.15 | 22.49 | -0.04 | 11.39 | 6.05 | 34.15 | 421.55 | 17.19 | 9.77 | 67.22 | 0.03 | -2.93 | -8.19 |
| 21Q3 (8) | 13.52 | -1.82 | 11.74 | 21.03 | 9.99 | 0.1 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 21.95 | -6.56 | 17.82 | 1.07 | -36.69 | 311.54 | 17.97 | -3.13 | 24.53 | 20.11 | -6.73 | 9.96 | 34.41 | 7.56 | 5.07 | 1.22 | 2.52 | -7.58 | 10.0 | 17.65 | -28.57 | 1.14 | 5.56 | 0.0 | 54.78 | 0.0 | 0.0 | 11.05 | 2.7 | 2.7 | 0.3 | 0.0 | 0.0 | 11.15 | 7.52 | 33.85 | 22.5 | 4.94 | 15.98 | 4.51 | 0.0 | 1318.92 | 15.66 | 5.24 | 96.73 | 0.03 | -0.55 | -9.47 |
| 21Q2 (7) | 13.77 | -6.39 | 11.5 | 19.12 | -5.63 | -17.27 | 2.2 | 1000.0 | 450.0 | 0 | 0 | 0 | 23.49 | 2.98 | 54.24 | 1.69 | 42.02 | 344.74 | 18.55 | 1.98 | 38.43 | 21.55 | -7.81 | 0 | 31.99 | 3.29 | -11.24 | 1.19 | 1.71 | -8.46 | 8.5 | -27.16 | -40.14 | 1.08 | -5.26 | -6.9 | 54.78 | 0.0 | 0.0 | 10.76 | 0.0 | 0.0 | 0.3 | 0.0 | 0.0 | 10.37 | 19.47 | 41.09 | 21.44 | 8.61 | 16.4 | 4.51 | 6.12 | 595.6 | 14.88 | 15.08 | 131.06 | 0.03 | -2.21 | -12.6 |
| 21Q1 (6) | 14.71 | 10.19 | 24.77 | 20.26 | 13.69 | -8.66 | 0.2 | -50.0 | -90.91 | 0 | 0 | 0 | 22.81 | 7.95 | 0.48 | 1.19 | 40.0 | 88.89 | 18.19 | 13.9 | 5.94 | 23.38 | 13.74 | 0 | 30.97 | -3.16 | -4.65 | 1.17 | 4.46 | -8.59 | 11.67 | -6.64 | -8.11 | 1.14 | -5.0 | -1.72 | 54.78 | 0.0 | 0.0 | 10.76 | 0.0 | 3.56 | 0.3 | 0.0 | -80.0 | 8.68 | -4.82 | 44.19 | 19.74 | -2.23 | 10.28 | 4.25 | 266.38 | 299.53 | 12.93 | 25.78 | 232.39 | 0.03 | -2.74 | -13.88 |
| 20Q4 (5) | 13.35 | 10.33 | 36.36 | 17.82 | -15.18 | -25.84 | 0.4 | 0.0 | -91.49 | 0 | 0 | 0 | 21.13 | 13.42 | -5.5 | 0.85 | 226.92 | 77.08 | 15.97 | 10.67 | -3.33 | 20.56 | 12.42 | 0 | 31.98 | -2.35 | -8.73 | 1.12 | -15.15 | -11.81 | 12.5 | -10.71 | 26.26 | 1.2 | 5.26 | -1.64 | 54.78 | 0.0 | 0.0 | 10.76 | 0.0 | 3.56 | 0.3 | 0.0 | -80.0 | 9.12 | 9.48 | 27.91 | 20.19 | 4.07 | 6.21 | 1.16 | 413.51 | 486.67 | 10.28 | 29.15 | 50.51 | 0.04 | -4.28 | -7.57 |
| 20Q3 (4) | 12.1 | -2.02 | 0.0 | 21.01 | -9.09 | 0.0 | 0.4 | 0.0 | 0.0 | 0 | 0 | 0.0 | 18.63 | 22.32 | 0.0 | 0.26 | -31.58 | 0.0 | 14.43 | 7.69 | 0.0 | 18.28 | 0 | 0.0 | 32.75 | -9.13 | 0.0 | 1.32 | 1.54 | 0.0 | 14.0 | -1.41 | 0.0 | 1.14 | -1.72 | 0.0 | 54.78 | 0.0 | 0.0 | 10.76 | 0.0 | 0.0 | 0.3 | 0.0 | 0.0 | 8.33 | 13.33 | 0.0 | 19.4 | 5.32 | 0.0 | -0.37 | 59.34 | 0.0 | 7.96 | 23.6 | 0.0 | 0.04 | -3.99 | 0.0 |
