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) | 20.37 | -9.83 | 8.0 | -40.74 | 0.59 | 0 | 0 | 0 | 62.4 | 6.65 | 8.35 | 2.45 | 12.63 | 0.0 | 20.24 | -6.23 | 16.15 | 16.52 | 6.04 | 4.68 | 2.23 | 22.53 | 2.15 | -4.44 | 17.87 | 0.0 | 8.78 | 10.72 | 1.16 | 5.45 | 22.81 | 16.5 | 32.75 | 14.43 | 0.13 | 0 | 22.94 | 24.54 | 0.35 | -3.3 |
| 2022 (9) | 22.59 | -11.9 | 13.5 | 26.4 | 0 | 0 | 0 | 0 | 58.51 | 27.09 | 8.15 | 15.28 | 12.63 | 9.07 | 21.59 | -14.18 | 13.86 | 13.79 | 5.77 | 9.7 | 1.82 | 264.0 | 2.25 | 0.45 | 17.87 | 0.0 | 7.93 | 11.69 | 1.1 | 0 | 19.58 | 11.82 | 28.62 | 16.29 | -1.16 | 0 | 18.42 | 12.25 | 0.36 | -0.22 |
| 2021 (8) | 25.64 | 147.49 | 10.68 | 88.69 | 0 | 0 | 0 | 0 | 46.04 | 6.95 | 7.07 | 34.92 | 11.58 | 22.8 | 25.15 | 14.82 | 12.18 | 36.24 | 5.26 | 109.56 | 0.5 | 0 | 2.24 | 151.69 | 17.87 | 0.0 | 7.1 | 7.74 | 0 | 0 | 17.51 | 35.95 | 24.61 | 26.46 | -1.1 | 0 | 16.41 | 24.6 | 0.36 | 88.66 |
| 2020 (7) | 10.36 | -29.62 | 5.66 | 0.18 | 0 | 0 | 0 | 0 | 43.05 | 9.35 | 5.24 | 39.36 | 9.43 | 5.72 | 21.90 | -3.32 | 8.94 | -2.3 | 2.51 | 39.44 | 0 | 0 | 0.89 | -8.25 | 17.87 | 0.0 | 6.59 | 5.95 | 0 | 0 | 12.88 | 19.26 | 19.46 | 14.34 | 0.29 | -59.15 | 13.17 | 14.42 | 0.19 | 0.93 |
| 2019 (6) | 14.72 | 17.38 | 5.65 | 16.49 | 0 | 0 | 0 | 0 | 39.37 | 10.19 | 3.76 | 0.53 | 8.92 | -2.3 | 22.66 | -11.33 | 9.15 | 15.38 | 1.8 | 15.38 | 0 | 0 | 0.97 | -12.61 | 17.87 | 0.0 | 6.22 | 6.32 | 0 | 0 | 10.8 | 5.68 | 17.02 | 5.91 | 0.71 | -21.11 | 11.51 | 3.51 | 0.19 | 42.67 |
| 2018 (5) | 12.54 | 5.11 | 4.85 | -6.73 | 0.6 | 100.0 | 0 | 0 | 35.73 | -7.17 | 3.74 | 3.03 | 9.13 | 5.18 | 25.55 | 13.31 | 7.93 | 8.93 | 1.56 | -1.89 | 1.52 | -18.72 | 1.11 | -6.72 | 17.87 | 0.0 | 5.85 | 6.56 | 0 | 0 | 10.22 | 3.97 | 16.07 | 4.96 | 0.9 | -42.68 | 11.12 | -2.46 | 0.13 | 5.5 |
| 2017 (4) | 11.93 | 36.03 | 5.2 | 40.54 | 0.3 | 500.0 | 0 | 0 | 38.49 | 4.76 | 3.63 | 6.76 | 8.68 | -10.05 | 22.55 | -14.14 | 7.28 | -1.36 | 1.59 | -2.45 | 1.87 | 297.87 | 1.19 | -0.83 | 17.87 | 0.0 | 5.49 | 6.6 | 0 | 0 | 9.83 | 16.33 | 15.31 | 12.66 | 1.57 | -45.1 | 11.4 | 0.8 | 0.13 | 10.98 |
| 2016 (3) | 8.77 | 14.49 | 3.7 | 330.23 | 0.05 | -95.93 | 0 | 0 | 36.74 | 10.63 | 3.4 | -2.3 | 9.65 | 8.55 | 26.27 | -1.88 | 7.38 | 13.54 | 1.63 | -15.54 | 0.47 | -77.93 | 1.2 | -11.11 | 17.87 | 0.0 | 5.15 | 7.29 | 0 | 0 | 8.45 | 22.29 | 13.59 | 16.05 | 2.86 | 13.94 | 11.31 | 20.06 | 0.11 | 29.17 |
| 2015 (2) | 7.66 | 41.07 | 0.86 | 40.98 | 1.23 | 339.29 | 0 | 0 | 33.21 | 0.76 | 3.48 | -6.95 | 8.89 | -0.22 | 26.77 | -0.98 | 6.5 | -13.33 | 1.93 | -14.98 | 2.13 | 17.68 | 1.35 | -7.53 | 17.87 | 0.0 | 4.8 | 8.6 | 0 | 0 | 6.91 | 58.12 | 11.71 | 33.07 | 2.51 | 17.29 | 9.42 | 44.7 | 0.09 | 5.41 |
| 2014 (1) | 5.43 | -29.3 | 0.61 | -71.63 | 0.28 | -30.0 | 0 | 0 | 32.96 | 7.92 | 3.74 | 25.5 | 8.91 | 5.19 | 27.03 | -2.53 | 7.5 | 35.14 | 2.27 | 20.11 | 1.81 | 42.52 | 1.46 | -1.35 | 17.87 | 0.0 | 4.42 | 7.02 | 0 | 0 | 4.37 | -20.11 | 8.8 | -8.33 | 2.14 | 60.9 | 6.51 | -4.26 | 0.08 | 2.75 |
| 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) | 14.66 | -9.34 | -25.05 | 2.95 | -7.52 | -71.61 | 0.59 | 0.0 | -10.61 | 0 | 0 | 0 | 17.42 | -1.02 | 5.83 | 2.17 | 0.46 | -3.12 | 13.68 | -8.49 | 6.05 | 20.39 | -9.8 | -1.49 | 16.28 | -2.51 | 7.03 | 6.72 | -0.88 | 12.56 | 1.79 | -7.25 | 54.31 | 2.08 | -0.48 | -3.26 | 17.87 | 0.0 | 0.0 | 9.64 | 0.0 | 9.79 | 0 | 0 | -100.0 | 25.21 | 9.47 | 19.14 | 34.85 | 6.67 | 12.02 | 3.35 | -28.27 | 503.61 | 28.56 | 3.1 | 40.48 | 0.33 | 1.79 | -6.01 |
| 24Q2 (19) | 16.17 | -14.49 | -29.51 | 3.19 | -51.96 | -68.63 | 0.59 | 0.0 | 34.09 | 0 | 0 | 0 | 17.6 | 9.05 | 16.63 | 2.16 | -14.62 | -9.24 | 14.95 | 9.12 | 21.15 | 22.61 | 4.98 | 12.41 | 16.7 | -0.18 | 8.02 | 6.78 | 0.74 | 15.31 | 1.93 | -7.21 | 39.86 | 2.09 | -1.42 | -4.13 | 17.87 | 0.0 | 0.0 | 9.64 | 9.79 | 9.79 | 0 | -100.0 | -100.0 | 23.03 | 11.96 | 21.66 | 32.67 | 7.04 | 13.16 | 4.67 | 188.27 | 655.95 | 27.7 | 24.83 | 53.12 | 0.33 | -3.64 | -8.19 |
| 24Q1 (18) | 18.91 | -7.17 | -17.64 | 6.64 | -17.0 | -46.15 | 0.59 | 0.0 | 168.18 | 0 | 0 | 0 | 16.14 | 1.38 | 8.1 | 2.53 | 56.17 | 19.91 | 13.7 | 8.47 | 15.91 | 21.54 | 6.41 | 11.28 | 16.73 | 3.59 | 13.89 | 6.73 | 11.42 | 17.25 | 2.08 | -6.73 | 30.0 | 2.12 | -1.4 | -4.07 | 17.87 | 0.0 | 0.0 | 8.78 | 0.0 | 10.72 | 1.16 | 0.0 | 5.45 | 20.57 | -9.82 | 19.45 | 30.52 | -6.81 | 16.22 | 1.62 | 1146.15 | 267.01 | 22.19 | -3.27 | 36.55 | 0.34 | -2.1 | -6.27 |
| 23Q4 (17) | 20.37 | 4.14 | -9.83 | 8.0 | -23.0 | -40.74 | 0.59 | -10.61 | 0 | 0 | 0 | 0 | 15.92 | -3.28 | 0.57 | 1.62 | -27.68 | -7.43 | 12.63 | -2.09 | 0.0 | 20.24 | -2.23 | -6.23 | 16.15 | 6.18 | 16.52 | 6.04 | 1.17 | 4.68 | 2.23 | 92.24 | 22.53 | 2.15 | 0.0 | -4.44 | 17.87 | 0.0 | 0.0 | 8.78 | 0.0 | 10.72 | 1.16 | 0.0 | 5.45 | 22.81 | 7.8 | 16.5 | 32.75 | 5.27 | 14.43 | 0.13 | 115.66 | 111.21 | 22.94 | 12.84 | 24.54 | 0.35 | -2.12 | -3.3 |
| 23Q3 (16) | 19.56 | -14.73 | -20.33 | 10.39 | 2.16 | -42.44 | 0.66 | 50.0 | 0 | 0 | 0 | 0 | 16.46 | 9.08 | 6.19 | 2.24 | -5.88 | -6.28 | 12.9 | 4.54 | 5.82 | 20.70 | 2.93 | -6.57 | 15.21 | -1.62 | 15.05 | 5.97 | 1.53 | 4.01 | 1.16 | -15.94 | -36.26 | 2.15 | -1.38 | -5.29 | 17.87 | 0.0 | 0.0 | 8.78 | 0.0 | 10.72 | 1.16 | 0.0 | 5.45 | 21.16 | 11.78 | 20.43 | 31.11 | 7.76 | 16.91 | -0.83 | 1.19 | 35.16 | 20.33 | 12.38 | 24.8 | 0.36 | -0.57 | -2.83 |
| 23Q2 (15) | 22.94 | -0.09 | 7.8 | 10.17 | -17.52 | -25.44 | 0.44 | 100.0 | 0 | 0 | 0 | 0 | 15.09 | 1.07 | 1.89 | 2.38 | 12.8 | 3.93 | 12.34 | 4.4 | 0.49 | 20.11 | 3.92 | -16.92 | 15.46 | 5.24 | 16.5 | 5.88 | 2.44 | 4.26 | 1.38 | -13.75 | 176.0 | 2.18 | -1.36 | -4.8 | 17.87 | 0.0 | 0.0 | 8.78 | 10.72 | 10.72 | 1.16 | 5.45 | 5.45 | 18.93 | 9.93 | 24.7 | 28.87 | 9.94 | 19.2 | -0.84 | 13.4 | 32.8 | 18.09 | 11.32 | 29.86 | 0.36 | -1.63 | -2.7 |
| 23Q1 (14) | 22.96 | 1.64 | -1.5 | 12.33 | -8.67 | 26.2 | 0.22 | 0 | 0 | 0 | 0 | 0 | 14.93 | -5.69 | 20.7 | 2.11 | 20.57 | 21.97 | 11.82 | -6.41 | 13.33 | 19.35 | -10.34 | -12.04 | 14.69 | 5.99 | 17.15 | 5.74 | -0.52 | 7.29 | 1.6 | -12.09 | 220.0 | 2.21 | -1.78 | -4.74 | 17.87 | 0.0 | 0.0 | 7.93 | 0.0 | 11.69 | 1.1 | 0.0 | 0 | 17.22 | -12.05 | 16.51 | 26.26 | -8.25 | 20.02 | -0.97 | 16.38 | 14.16 | 16.25 | -11.78 | 19.05 | 0.36 | 1.0 | -3.57 |
| 22Q4 (13) | 22.59 | -7.98 | -11.9 | 13.5 | -25.21 | 26.4 | 0 | 0 | 0 | 0 | 0 | 0 | 15.83 | 2.13 | 28.39 | 1.75 | -26.78 | 1.16 | 12.63 | 3.61 | 9.07 | 21.59 | -2.59 | -14.18 | 13.86 | 4.84 | 13.79 | 5.77 | 0.52 | 9.7 | 1.82 | 0.0 | 264.0 | 2.25 | -0.88 | 0.45 | 17.87 | 0.0 | 0.0 | 7.93 | 0.0 | 11.69 | 1.1 | 0.0 | 0 | 19.58 | 11.44 | 11.82 | 28.62 | 7.55 | 16.29 | -1.16 | 9.38 | -5.45 | 18.42 | 13.08 | 12.25 | 0.36 | -1.64 | -0.22 |
| 22Q3 (12) | 24.55 | 15.37 | 85.28 | 18.05 | 32.33 | 235.5 | 0 | 0 | 0 | 0 | 0 | 0 | 15.5 | 4.66 | 38.27 | 2.39 | 4.37 | 50.31 | 12.19 | -0.73 | 26.85 | 22.16 | -8.47 | 3.51 | 13.22 | -0.38 | 36.57 | 5.74 | 1.77 | 8.51 | 1.82 | 264.0 | 264.0 | 2.27 | -0.87 | 160.92 | 17.87 | 0.0 | 0.0 | 7.93 | 0.0 | 11.69 | 1.1 | 0.0 | 0 | 17.57 | 15.74 | 20.51 | 26.61 | 9.87 | 22.74 | -1.28 | -2.4 | -4366.67 | 16.29 | 16.94 | 11.5 | 0.37 | -0.44 | 92.25 |
| 22Q2 (11) | 21.28 | -8.71 | 83.45 | 13.64 | 39.61 | 185.36 | 0 | 0 | 0 | 0 | 0 | 0 | 14.81 | 19.73 | 28.89 | 2.29 | 32.37 | 37.95 | 12.28 | 17.74 | 19.57 | 24.21 | 10.03 | 4.04 | 13.27 | 5.82 | 40.13 | 5.64 | 5.42 | 10.16 | 0.5 | 0.0 | 0.0 | 2.29 | -1.29 | 163.22 | 17.87 | 0.0 | 0.0 | 7.93 | 11.69 | 20.33 | 1.1 | 0 | 0 | 15.18 | 2.71 | 12.44 | 24.22 | 10.69 | 20.56 | -1.25 | -10.62 | -412.5 | 13.93 | 2.05 | 0.22 | 0.37 | -2.51 | 93.96 |
| 22Q1 (10) | 23.31 | -9.09 | 90.44 | 9.77 | -8.52 | 95.4 | 0 | 0 | 0 | 0 | 0 | 0 | 12.37 | 0.32 | 12.35 | 1.73 | 0.0 | -16.83 | 10.43 | -9.93 | 11.08 | 22.00 | -12.52 | 2.45 | 12.54 | 2.96 | 27.44 | 5.35 | 1.71 | 5.94 | 0.5 | 0.0 | 0.0 | 2.32 | 3.57 | 166.67 | 17.87 | 0.0 | 0.0 | 7.1 | 0.0 | 7.74 | 0 | 0 | 0 | 14.78 | -15.59 | -1.2 | 21.88 | -11.09 | 1.53 | -1.13 | -2.73 | -209.71 | 13.65 | -16.82 | -14.63 | 0.38 | 4.52 | 112.56 |
| 21Q4 (9) | 25.64 | 93.51 | 147.49 | 10.68 | 98.51 | 88.69 | 0 | 0 | 0 | 0 | 0 | 0 | 12.33 | 9.99 | 10.29 | 1.73 | 8.81 | 8.12 | 11.58 | 20.5 | 22.8 | 25.15 | 17.49 | 14.82 | 12.18 | 25.83 | 36.24 | 5.26 | -0.57 | 109.56 | 0.5 | 0.0 | 0 | 2.24 | 157.47 | 151.69 | 17.87 | 0.0 | 0.0 | 7.1 | 0.0 | 7.74 | 0 | 0 | 0 | 17.51 | 20.1 | 35.95 | 24.61 | 13.51 | 26.46 | -1.1 | -3766.67 | -479.31 | 16.41 | 12.32 | 24.6 | 0.36 | 89.5 | 88.66 |
| 21Q3 (8) | 13.25 | 14.22 | 56.25 | 5.38 | 12.55 | 2.28 | 0 | 0 | 0 | 0 | 0 | 0 | 11.21 | -2.44 | 7.27 | 1.59 | -4.22 | 39.47 | 9.61 | -6.43 | 3.11 | 21.41 | -8.01 | -3.11 | 9.68 | 2.22 | 6.37 | 5.29 | 3.32 | 193.89 | 0.5 | 0.0 | 0 | 0.87 | 0.0 | -4.4 | 17.87 | 0.0 | 0.0 | 7.1 | 7.74 | 7.74 | 0 | 0 | 0 | 14.58 | 8.0 | 27.89 | 21.68 | 7.91 | 20.58 | 0.03 | -92.5 | -82.35 | 14.61 | 5.11 | 26.27 | 0.19 | 0.45 | -2.02 |
| 21Q2 (7) | 11.6 | -5.23 | -2.85 | 4.78 | -4.4 | 3.02 | 0 | 0 | 0 | 0 | 0 | 0 | 11.49 | 4.36 | 3.7 | 1.66 | -20.19 | 27.69 | 10.27 | 9.37 | 2.5 | 23.27 | 8.36 | 0 | 9.47 | -3.76 | 11.15 | 5.12 | 1.39 | 178.26 | 0.5 | 0.0 | 0 | 0.87 | 0.0 | -5.43 | 17.87 | 0.0 | 0.0 | 6.59 | 0.0 | 0.0 | 0 | 0 | 0 | 13.5 | -9.76 | 31.71 | 20.09 | -6.77 | 19.3 | 0.4 | -61.17 | -43.66 | 13.9 | -13.07 | 26.82 | 0.19 | 6.84 | -1.35 |
| 21Q1 (6) | 12.24 | 18.15 | -13.44 | 5.0 | -11.66 | -21.26 | 0 | 0 | 0 | 0 | 0 | 0 | 11.01 | -1.52 | 6.48 | 2.08 | 30.0 | 73.33 | 9.39 | -0.42 | -0.11 | 21.48 | -1.95 | 0 | 9.84 | 10.07 | 12.33 | 5.05 | 101.2 | 174.46 | 0.5 | 0 | 0 | 0.87 | -2.25 | -7.45 | 17.87 | 0.0 | 0.0 | 6.59 | 0.0 | 5.95 | 0 | 0 | 0 | 14.96 | 16.15 | 60.52 | 21.55 | 10.74 | 38.67 | 1.03 | 255.17 | 635.71 | 15.99 | 21.41 | 69.03 | 0.18 | -7.24 | -8.33 |
| 20Q4 (5) | 10.36 | 22.17 | -29.62 | 5.66 | 7.6 | 0.18 | 0 | 0 | 0 | 0 | 0 | 0 | 11.18 | 6.99 | 8.44 | 1.6 | 40.35 | 64.95 | 9.43 | 1.18 | 5.72 | 21.90 | -0.86 | 0 | 8.94 | -1.76 | -2.3 | 2.51 | 39.44 | 39.44 | 0 | 0 | 0 | 0.89 | -2.2 | -8.25 | 17.87 | 0.0 | 0.0 | 6.59 | 0.0 | 5.95 | 0 | 0 | 0 | 12.88 | 12.98 | 19.26 | 19.46 | 8.23 | 14.34 | 0.29 | 70.59 | -59.15 | 13.17 | 13.83 | 14.42 | 0.19 | -1.57 | 0.93 |
| 20Q3 (4) | 8.48 | -28.98 | 0.0 | 5.26 | 13.36 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 10.45 | -5.69 | 0.0 | 1.14 | -12.31 | 0.0 | 9.32 | -6.99 | 0.0 | 22.10 | 0 | 0.0 | 9.1 | 6.81 | 0.0 | 1.8 | -2.17 | 0.0 | 0 | 0 | 0.0 | 0.91 | -1.09 | 0.0 | 17.87 | 0.0 | 0.0 | 6.59 | 0.0 | 0.0 | 0 | 0 | 0.0 | 11.4 | 11.22 | 0.0 | 17.98 | 6.77 | 0.0 | 0.17 | -76.06 | 0.0 | 11.57 | 5.57 | 0.0 | 0.19 | 1.13 | 0.0 |
