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) | 11.75 | -24.97 | 4.47 | -19.02 | 0 | 0 | 0 | 0 | 83.18 | -20.98 | 14.36 | -15.68 | 8.55 | 31.94 | 10.28 | 66.98 | 11.27 | 10.38 | 25.04 | -4.86 | 9.5 | 39.71 | 0 | 0 | 23.69 | 0.0 | 29.48 | 6.2 | 1.93 | 0.0 | 19.11 | 3.52 | 50.52 | 4.92 | -0.18 | 0 | 18.93 | 1.12 | 0.00 | 0 |
| 2022 (9) | 15.66 | 151.77 | 5.52 | -38.8 | 0 | 0 | 0 | 0 | 105.27 | 31.82 | 17.03 | 55.1 | 6.48 | -6.63 | 6.16 | -29.17 | 10.21 | 4.4 | 26.32 | 0.38 | 6.8 | -38.18 | 0 | 0 | 23.69 | 0.0 | 27.76 | 4.13 | 1.93 | 0.0 | 18.46 | 56.71 | 48.15 | 19.24 | 0.26 | -85.39 | 18.72 | 38.05 | 0.01 | -71.38 |
| 2021 (8) | 6.22 | -37.42 | 9.02 | -17.47 | 0 | 0 | 0 | 0 | 79.86 | 48.88 | 10.98 | 53.14 | 6.94 | 55.61 | 8.69 | 4.52 | 9.78 | 0.72 | 26.22 | 18.27 | 11.0 | -15.38 | 0 | 0 | 23.69 | 0.0 | 26.66 | 0.91 | 1.93 | 9.04 | 11.78 | 49.49 | 40.38 | 11.98 | 1.78 | 0 | 13.56 | 127.9 | 0.04 | -13.52 |
| 2020 (7) | 9.94 | -14.09 | 10.93 | -45.16 | 5.0 | 0 | 0 | 0 | 53.64 | -28.88 | 7.17 | -44.55 | 4.46 | -12.72 | 8.31 | 22.72 | 9.71 | 15.18 | 22.17 | 3.26 | 13.0 | 100.0 | 0 | 0 | 23.69 | 0.0 | 26.42 | 3.16 | 1.77 | 9.26 | 7.88 | -41.59 | 36.06 | -11.44 | -1.93 | 0 | 5.95 | -49.23 | 0.04 | -18.51 |
| 2019 (6) | 11.57 | -9.4 | 19.93 | 0.55 | 0 | 0 | 0 | 0 | 75.42 | -11.89 | 12.93 | -14.26 | 5.11 | -15.26 | 6.78 | -3.82 | 8.43 | 37.07 | 21.47 | 5.56 | 6.5 | 0.0 | 0 | 0 | 23.69 | 0.0 | 25.61 | 6.09 | 1.62 | 0.0 | 13.49 | -8.29 | 40.72 | 0.62 | -1.77 | 0 | 11.72 | -12.34 | 0.05 | -1.12 |
| 2018 (5) | 12.77 | 73.98 | 19.82 | -0.15 | 0 | 0 | 0 | 0 | 85.6 | 37.14 | 15.08 | 30.0 | 6.03 | 4.33 | 7.04 | -23.93 | 6.15 | 11.01 | 20.34 | -1.93 | 6.5 | 0 | 0 | 0 | 23.69 | 0.0 | 24.14 | 1.9 | 1.62 | 7.28 | 14.71 | 26.27 | 40.47 | 9.85 | -1.34 | 0 | 13.37 | 33.3 | 0.05 | -1.79 |
| 2017 (4) | 7.34 | -46.5 | 19.85 | 175.31 | 0 | 0 | 0 | 0 | 62.42 | 21.35 | 11.6 | 12.51 | 5.78 | 19.92 | 9.26 | -1.18 | 5.54 | 19.4 | 20.74 | 7.91 | 0 | 0 | 0 | 0 | 23.69 | 0.0 | 23.69 | 3.4 | 1.51 | -37.6 | 11.65 | 8.98 | 36.84 | 2.28 | -1.62 | 0 | 10.03 | 1.31 | 0.05 | 5.69 |
| 2016 (3) | 13.72 | 36.11 | 7.21 | 5446.15 | 0 | 0 | 0 | 0 | 51.44 | -10.35 | 10.31 | -16.79 | 4.82 | 10.8 | 9.37 | 23.6 | 4.64 | 12.35 | 19.22 | 13.53 | 0 | 0 | 0 | 0 | 23.69 | 0.0 | 22.91 | 5.72 | 2.42 | 0.0 | 10.69 | -14.34 | 36.02 | -1.53 | -0.79 | 0 | 9.9 | -13.61 | 0.05 | 0 |
| 2015 (2) | 10.08 | -8.2 | 0.13 | -87.0 | 0 | 0 | 0 | 0 | 57.38 | -35.56 | 12.39 | -43.35 | 4.35 | -21.34 | 7.58 | 22.06 | 4.13 | -7.61 | 16.93 | -12.42 | 0 | 0 | 0 | 0 | 23.69 | 0.0 | 21.67 | 11.19 | 2.42 | 0.0 | 12.48 | -43.66 | 36.58 | -16.98 | -1.02 | 0 | 11.46 | -54.74 | 0.00 | 0 |
| 2014 (1) | 10.98 | 115.72 | 1.0 | 38.89 | 0 | 0 | 3.0 | 0.0 | 89.04 | 0.95 | 21.87 | -1.04 | 5.53 | -23.93 | 6.21 | -24.65 | 4.47 | 18.88 | 19.33 | 2.66 | 0 | 0 | 0 | 0 | 23.69 | 0.0 | 19.49 | 12.79 | 2.42 | 0.0 | 22.15 | -0.4 | 44.06 | 5.05 | 3.17 | 99.37 | 25.32 | 6.25 | 0.02 | -11.76 |
| 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) | 7.14 | 10.7 | 7.69 | 8.96 | 2085.37 | 87.06 | 0 | 0 | 0 | 0 | 0 | 0 | 21.0 | 3.5 | 14.25 | 3.44 | -0.29 | 2.08 | 6.23 | -3.41 | -21.54 | 8.02 | -6.67 | -12.78 | 12.96 | -1.89 | 15.2 | 23.8 | 1.36 | -2.02 | 6.0 | 0.0 | 140.0 | 0 | 0 | 0 | 23.69 | 0.0 | 0.0 | 30.9 | 0.0 | 4.82 | 1.93 | 0.0 | 0.0 | 17.82 | 23.84 | 9.39 | 50.66 | 7.29 | 6.21 | -1.75 | -8.7 | -103.49 | 16.07 | 25.74 | 4.15 | 0.00 | 0 | 0 |
| 24Q2 (19) | 6.45 | -4.87 | -17.73 | 0.41 | -83.92 | -22.64 | 0 | 0 | 0 | 0 | 0 | 0 | 20.29 | 17.35 | -11.59 | 3.45 | 24.1 | -28.42 | 6.45 | -5.15 | 8.22 | 8.59 | -1.79 | 35.66 | 13.21 | 5.6 | 27.88 | 23.48 | -3.73 | -7.6 | 6.0 | 27.66 | 1100.0 | 0 | 0 | 0 | 23.69 | 0.0 | 0.0 | 30.9 | 4.82 | 4.82 | 1.93 | 0.0 | 0.0 | 14.39 | -34.35 | 11.46 | 47.22 | -11.47 | 6.52 | -1.61 | -22.9 | -351.56 | 12.78 | -37.99 | -5.68 | 0.00 | 0 | 0 |
| 24Q1 (18) | 6.78 | -42.3 | -39.63 | 2.55 | -42.95 | -46.65 | 0 | 0 | 0 | 0 | 0 | 0 | 17.29 | -9.67 | -23.87 | 2.78 | -4.14 | -14.72 | 6.8 | -20.47 | 12.96 | 8.74 | -14.92 | 51.29 | 12.51 | 11.0 | 9.64 | 24.39 | -2.6 | -8.48 | 4.7 | -50.53 | 56.67 | 0 | 0 | 0 | 23.69 | 0.0 | 0.0 | 29.48 | 0.0 | 6.2 | 1.93 | 0.0 | 0.0 | 21.92 | 14.7 | 0.92 | 53.34 | 5.58 | 3.75 | -1.31 | -627.78 | -232.32 | 20.61 | 8.87 | -9.25 | 0.00 | 0 | -100.0 |
| 23Q4 (17) | 11.75 | 77.22 | -24.97 | 4.47 | -6.68 | -19.02 | 0 | 0 | 0 | 0 | 0 | 0 | 19.14 | 4.13 | -14.36 | 2.9 | -13.95 | -17.85 | 8.55 | 7.68 | 31.94 | 10.28 | 11.84 | 66.97 | 11.27 | 0.18 | 10.38 | 25.04 | 3.09 | -4.86 | 9.5 | 280.0 | 39.71 | 0 | 0 | 0 | 23.69 | 0.0 | 0.0 | 29.48 | 0.0 | 6.2 | 1.93 | 0.0 | 0.0 | 19.11 | 17.31 | 3.52 | 50.52 | 5.91 | 4.92 | -0.18 | 79.07 | -169.23 | 18.93 | 22.68 | 1.12 | 0.00 | 0 | -100.0 |
| 23Q3 (16) | 6.63 | -15.43 | -53.7 | 4.79 | 803.77 | -53.27 | 0 | 0 | 0 | 0 | 0 | 0 | 18.38 | -19.91 | -29.66 | 3.37 | -30.08 | -24.78 | 7.94 | 33.22 | 9.67 | 9.19 | 45.17 | 31.48 | 11.25 | 8.91 | 11.72 | 24.29 | -4.41 | -1.66 | 2.5 | 400.0 | -57.63 | 0 | 0 | 0 | 23.69 | 0.0 | 0.0 | 29.48 | 0.0 | 6.2 | 1.93 | 0.0 | 0.0 | 16.29 | 26.18 | 10.67 | 47.7 | 7.6 | 7.41 | -0.86 | -234.38 | -1.18 | 15.43 | 13.87 | 11.25 | 0.00 | 0 | -100.0 |
| 23Q2 (15) | 7.84 | -30.19 | 2.62 | 0.53 | -88.91 | -90.64 | 0 | 0 | 0 | 0 | 0 | 0 | 22.95 | 1.06 | -30.37 | 4.82 | 47.85 | -13.62 | 5.96 | -1.0 | -35.84 | 6.33 | 9.53 | -31.58 | 10.33 | -9.47 | 18.33 | 25.41 | -4.65 | 7.03 | 0.5 | -83.33 | -83.33 | 0 | 0 | 0 | 23.69 | 0.0 | 0.0 | 29.48 | 6.2 | 6.2 | 1.93 | 0.0 | 0.0 | 12.91 | -40.56 | 26.07 | 44.33 | -13.77 | 11.02 | 0.64 | -35.35 | 230.61 | 13.55 | -40.33 | 38.97 | 0.00 | -100.0 | -100.0 |
| 23Q1 (14) | 11.23 | -28.29 | 25.9 | 4.78 | -13.41 | -40.18 | 0 | 0 | 0 | 0 | 0 | 0 | 22.71 | 1.61 | -4.66 | 3.26 | -7.65 | -4.96 | 6.02 | -7.1 | -26.76 | 5.78 | -6.11 | -38.82 | 11.41 | 11.75 | 19.98 | 26.65 | 1.25 | -2.63 | 3.0 | -55.88 | -68.42 | 0 | 0 | 0 | 23.69 | 0.0 | 0.0 | 27.76 | 0.0 | 4.13 | 1.93 | 0.0 | 0.0 | 21.72 | 17.66 | 42.61 | 51.41 | 6.77 | 17.32 | 0.99 | 280.77 | -68.47 | 22.71 | 21.31 | 23.63 | 0.01 | -4.73 | -71.93 |
| 22Q4 (13) | 15.66 | 9.36 | 151.77 | 5.52 | -46.15 | -38.8 | 0 | 0 | 0 | 0 | 0 | 0 | 22.35 | -14.47 | 8.18 | 3.53 | -21.21 | 44.67 | 6.48 | -10.5 | -6.63 | 6.16 | -11.93 | -29.15 | 10.21 | 1.39 | 4.4 | 26.32 | 6.56 | 0.38 | 6.8 | 15.25 | -38.18 | 0 | 0 | 0 | 23.69 | 0.0 | 0.0 | 27.76 | 0.0 | 4.13 | 1.93 | 0.0 | 0.0 | 18.46 | 25.41 | 56.71 | 48.15 | 8.42 | 19.24 | 0.26 | 130.59 | -85.39 | 18.72 | 34.97 | 38.05 | 0.01 | -74.38 | -71.38 |
| 22Q3 (12) | 14.32 | 87.43 | 118.96 | 10.25 | 81.1 | 3.12 | 0 | 0 | 0 | 0 | 0 | 0 | 26.13 | -20.72 | 13.81 | 4.48 | -19.71 | 35.76 | 7.24 | -22.07 | 20.47 | 6.99 | -24.45 | -14.39 | 10.07 | 15.35 | -3.36 | 24.7 | 4.04 | -5.94 | 5.9 | 96.67 | -48.7 | 0 | 0 | 0 | 23.69 | 0.0 | 0.0 | 27.76 | 0.0 | 4.13 | 1.93 | 0.0 | 0.0 | 14.72 | 43.75 | 56.43 | 44.41 | 11.22 | 16.84 | -0.85 | -73.47 | -140.87 | 13.87 | 42.26 | 20.71 | 0.04 | 0.48 | 8.28 |
| 22Q2 (11) | 7.64 | -14.35 | 59.83 | 5.66 | -29.16 | -37.46 | 0 | 0 | -100.0 | 0 | 0 | 0 | 32.96 | 38.37 | 68.51 | 5.58 | 62.68 | 93.08 | 9.29 | 13.02 | 48.64 | 9.25 | -2.07 | -7.84 | 8.73 | -8.2 | -20.35 | 23.74 | -13.26 | -12.01 | 3.0 | -68.42 | -57.14 | 0 | 0 | 0 | 23.69 | 0.0 | 0.0 | 27.76 | 4.13 | 4.13 | 1.93 | 0.0 | 0.0 | 10.24 | -32.76 | 67.87 | 39.93 | -8.88 | 15.11 | -0.49 | -115.61 | -114.94 | 9.75 | -46.92 | 3.94 | 0.04 | 14.45 | 4.11 |
| 22Q1 (10) | 8.92 | 43.41 | 49.16 | 7.99 | -11.42 | -1.84 | 0 | 0 | -100.0 | 0 | 0 | 0 | 23.82 | 15.3 | 42.72 | 3.43 | 40.57 | 45.96 | 8.22 | 18.44 | 42.46 | 9.45 | 8.74 | -11.53 | 9.51 | -2.76 | -7.58 | 27.37 | 4.39 | 17.02 | 9.5 | -13.64 | -9.52 | 0 | 0 | 0 | 23.69 | 0.0 | 0.0 | 26.66 | 0.0 | 0.91 | 1.93 | 0.0 | 9.04 | 15.23 | 29.29 | 48.88 | 43.82 | 8.52 | 14.06 | 3.14 | 76.4 | 310.74 | 18.37 | 35.47 | 110.18 | 0.03 | -2.86 | -12.54 |
| 21Q4 (9) | 6.22 | -4.89 | -37.42 | 9.02 | -9.26 | -17.47 | 0 | 0 | -100.0 | 0 | 0 | 0 | 20.66 | -10.02 | 43.57 | 2.44 | -26.06 | 16.19 | 6.94 | 15.47 | 55.61 | 8.69 | 6.41 | 4.48 | 9.78 | -6.14 | 0.72 | 26.22 | -0.15 | 18.27 | 11.0 | -4.35 | -15.38 | 0 | 0 | 0 | 23.69 | 0.0 | 0.0 | 26.66 | 0.0 | 0.91 | 1.93 | 0.0 | 9.04 | 11.78 | 25.19 | 49.49 | 40.38 | 6.24 | 11.98 | 1.78 | -14.42 | 192.23 | 13.56 | 18.02 | 127.9 | 0.04 | -3.07 | -13.52 |
| 21Q3 (8) | 6.54 | 36.82 | -3.11 | 9.94 | 9.83 | -51.2 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 22.96 | 17.38 | 97.76 | 3.3 | 14.19 | 103.7 | 6.01 | -3.84 | 32.67 | 8.17 | -18.67 | -2.26 | 10.42 | -4.93 | 10.03 | 26.26 | -2.67 | 24.63 | 11.5 | 64.29 | 130.0 | 0 | 0 | 0 | 23.69 | 0.0 | 0.0 | 26.66 | 0.0 | 0.91 | 1.93 | 0.0 | 9.04 | 9.41 | 54.26 | 63.94 | 38.01 | 9.57 | 12.02 | 2.08 | -36.59 | 160.82 | 11.49 | 22.49 | 395.26 | 0.04 | -3.38 | -18.61 |
| 21Q2 (7) | 4.78 | -20.07 | -55.53 | 9.05 | 11.18 | -45.97 | 5.0 | 0.0 | 0 | 0 | 0 | 0 | 19.56 | 17.2 | 72.49 | 2.89 | 22.98 | 76.22 | 6.25 | 8.32 | 66.22 | 10.04 | -5.98 | 0 | 10.96 | 6.51 | 24.55 | 26.98 | 15.35 | 28.66 | 7.0 | -33.33 | 27.27 | 0 | 0 | 0 | 23.69 | 0.0 | 0.0 | 26.66 | 0.91 | 0.91 | 1.93 | 9.04 | 9.04 | 6.1 | -40.37 | 47.7 | 34.69 | -9.71 | 7.37 | 3.28 | 320.13 | 203.8 | 9.38 | 7.32 | 867.01 | 0.04 | -3.87 | -20.23 |
| 21Q1 (6) | 5.98 | -39.84 | -32.28 | 8.14 | -25.53 | -57.09 | 5.0 | 0.0 | 0 | 0 | 0 | 0 | 16.69 | 15.98 | 2.46 | 2.35 | 11.9 | 29.12 | 5.77 | 29.37 | 6.07 | 10.68 | 28.41 | 0 | 10.29 | 5.97 | 19.93 | 23.39 | 5.5 | 12.45 | 10.5 | -19.23 | 75.0 | 0 | 0 | 0 | 23.69 | 0.0 | 0.0 | 26.42 | 0.0 | 3.16 | 1.77 | 0.0 | 9.26 | 10.23 | 29.82 | -33.09 | 38.42 | 6.54 | -9.64 | -1.49 | 22.8 | 58.73 | 8.74 | 46.89 | -25.17 | 0.04 | -3.95 | -22.58 |
| 20Q4 (5) | 9.94 | 47.26 | -14.09 | 10.93 | -46.34 | -45.16 | 5.0 | 0.0 | 0 | 0 | 0 | 0 | 14.39 | 23.94 | -3.94 | 2.1 | 29.63 | 37.25 | 4.46 | -1.55 | -12.72 | 8.32 | -0.46 | 0 | 9.71 | 2.53 | 15.18 | 22.17 | 5.22 | 3.26 | 13.0 | 160.0 | 100.0 | 0 | 0 | 0 | 23.69 | 0.0 | 0.0 | 26.42 | 0.0 | 3.16 | 1.77 | 0.0 | 9.26 | 7.88 | 37.28 | -41.59 | 36.06 | 6.28 | -11.44 | -1.93 | 43.57 | -9.04 | 5.95 | 156.47 | -49.23 | 0.04 | -8.78 | -18.51 |
| 20Q3 (4) | 6.75 | -37.21 | 0.0 | 20.37 | 21.61 | 0.0 | 5.0 | 0 | 0.0 | 0 | 0 | 0.0 | 11.61 | 2.38 | 0.0 | 1.62 | -1.22 | 0.0 | 4.53 | 20.48 | 0.0 | 8.35 | 0 | 0.0 | 9.47 | 7.61 | 0.0 | 21.07 | 0.48 | 0.0 | 5.0 | -9.09 | 0.0 | 0 | 0 | 0.0 | 23.69 | 0.0 | 0.0 | 26.42 | 0.0 | 0.0 | 1.77 | 0.0 | 0.0 | 5.74 | 38.98 | 0.0 | 33.93 | 5.01 | 0.0 | -3.42 | -8.23 | 0.0 | 2.32 | 139.18 | 0.0 | 0.04 | -5.31 | 0.0 |
