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) | 8.68 | 13.61 | 0 | 0 | 0.09 | -52.63 | 0 | 0 | 26.16 | -6.07 | 2.31 | -8.7 | 5.26 | -2.77 | 20.11 | 3.51 | 3.55 | -26.2 | 1.08 | 5.88 | 0.21 | -76.4 | 0.68 | -19.05 | 6.32 | 0.0 | 3.15 | 9.0 | 0.43 | -36.76 | 6.65 | 6.4 | 10.23 | 4.18 | -0.51 | 0 | 6.14 | 5.5 | 0.06 | 12.71 |
| 2022 (9) | 7.64 | 10.4 | 0 | 0 | 0.19 | -5.0 | 0 | 0 | 27.85 | -11.28 | 2.53 | -3.44 | 5.41 | -12.32 | 19.43 | -1.17 | 4.81 | -2.83 | 1.02 | 10.87 | 0.89 | -43.31 | 0.84 | -17.65 | 6.32 | 0.0 | 2.89 | 9.89 | 0.68 | 78.95 | 6.25 | 2.46 | 9.82 | 7.79 | -0.43 | 0 | 5.82 | 7.38 | 0.06 | 7.02 |
| 2021 (8) | 6.92 | 18.49 | 0 | 0 | 0.2 | 1900.0 | 0 | 0 | 31.39 | 2.62 | 2.62 | -24.71 | 6.17 | -3.89 | 19.66 | -6.34 | 4.95 | -0.4 | 0.92 | 1.1 | 1.57 | 5133.33 | 1.02 | -16.39 | 6.32 | 0.0 | 2.63 | 15.35 | 0.38 | 31.03 | 6.1 | -6.58 | 9.11 | 0.11 | -0.68 | 0 | 5.42 | -11.87 | 0.05 | -23.03 |
| 2020 (7) | 5.84 | 82.5 | 0 | 0 | 0.01 | -80.0 | 0 | 0 | 30.59 | -9.79 | 3.48 | 2.35 | 6.42 | 25.15 | 20.99 | 38.73 | 4.97 | 26.14 | 0.91 | 18.18 | 0.03 | -98.4 | 1.22 | -12.86 | 6.32 | 0.0 | 2.28 | 18.13 | 0.29 | 70.59 | 6.53 | 8.83 | 9.1 | 12.35 | -0.38 | 0 | 6.15 | 7.71 | 0.07 | 0.19 |
| 2019 (6) | 3.2 | -0.93 | 0 | 0 | 0.05 | 0 | 0 | 0 | 33.91 | 13.6 | 3.4 | 13.33 | 5.13 | -22.51 | 15.13 | -31.79 | 3.94 | 5.07 | 0.77 | 30.51 | 1.88 | -57.08 | 1.4 | -10.26 | 6.32 | 0.0 | 1.93 | 18.4 | 0.17 | -5.56 | 6.0 | 19.76 | 8.1 | 18.77 | -0.29 | 0 | 5.71 | 17.98 | 0.07 | -4.43 |
| 2018 (5) | 3.23 | -34.35 | 0 | 0 | 0 | 0 | 0 | 0 | 29.85 | 47.48 | 3.0 | 66.67 | 6.62 | 41.15 | 22.18 | -4.29 | 3.75 | 17.19 | 0.59 | 18.0 | 4.38 | 210.64 | 1.56 | -21.21 | 6.32 | 7.67 | 1.63 | 12.41 | 0.18 | 80.0 | 5.01 | 38.78 | 6.82 | 32.17 | -0.17 | 0 | 4.84 | 41.11 | 0.07 | -33.59 |
| 2017 (4) | 4.92 | -5.02 | 0 | 0 | 0 | 0 | 0 | 0 | 20.24 | -2.17 | 1.8 | 5.26 | 4.69 | -2.9 | 23.17 | -0.74 | 3.2 | -9.6 | 0.5 | 0 | 1.41 | -27.69 | 1.98 | -12.78 | 5.87 | 2.98 | 1.45 | 13.28 | 0.1 | 0 | 3.61 | 8.41 | 5.16 | 11.93 | -0.18 | 0 | 3.43 | 6.19 | 0.11 | -7.51 |
| 2016 (3) | 5.18 | 45.51 | 0 | 0 | 0 | 0 | 0 | 0 | 20.69 | 4.18 | 1.71 | 17.12 | 4.83 | 6.39 | 23.34 | 2.12 | 3.54 | 14.56 | 0 | 0 | 1.95 | 0 | 2.27 | -9.56 | 5.7 | 6.54 | 1.28 | 13.27 | 0 | 0 | 3.33 | 15.62 | 4.61 | 14.68 | -0.1 | 0 | 3.23 | 1.89 | 0.12 | -14.05 |
| 2015 (2) | 3.56 | 24.48 | 1.0 | 0 | 0 | 0 | 0 | 0 | 19.86 | 24.44 | 1.46 | 28.07 | 4.54 | 5.83 | 22.86 | -14.95 | 3.09 | 1.31 | 0 | 0 | 0 | 0 | 2.51 | -9.06 | 5.35 | 0.0 | 1.13 | 10.78 | 0 | 0 | 2.88 | 12.94 | 4.02 | 12.61 | 0.29 | -19.44 | 3.17 | 8.93 | 0.14 | -7.46 |
| 2014 (1) | 2.86 | 2.14 | 0 | 0 | 0 | 0 | 0 | 0 | 15.96 | 4.93 | 1.14 | -42.71 | 4.29 | 17.53 | 26.88 | 12.01 | 3.05 | 15.97 | 0 | 0 | 0 | 0 | 2.76 | 5420.0 | 5.35 | 0.0 | 1.02 | 24.39 | 0 | 0 | 2.55 | -9.57 | 3.57 | -6.3 | 0.36 | 176.92 | 2.91 | -1.36 | 0.15 | 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) | 9.8 | -12.19 | 47.81 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 6.28 | 4.32 | -1.26 | 0.68 | 3.03 | 33.33 | 4.17 | -15.42 | -25.27 | 16.33 | -15.15 | -23.28 | 2.6 | 1.96 | -27.17 | 1.22 | 11.93 | 24.49 | 0 | 0 | -100.0 | 0.57 | -6.56 | -20.83 | 6.32 | 0.0 | 0.0 | 3.38 | 0.0 | 7.3 | 0.51 | 0.0 | 18.6 | 6.43 | 11.83 | 4.89 | 10.32 | 7.05 | 6.17 | -0.07 | 83.72 | 84.09 | 6.36 | 19.55 | 11.78 | 0.06 | 0.19 | -1.04 |
| 24Q2 (19) | 11.16 | 25.11 | 37.95 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 6.02 | -9.61 | -3.37 | 0.66 | 26.92 | 22.22 | 4.93 | -15.58 | -6.27 | 19.24 | -14.89 | -1.34 | 2.55 | -3.77 | -29.17 | 1.09 | 1.87 | 3.81 | 0 | -100.0 | -100.0 | 0.61 | -6.15 | -19.74 | 6.32 | 0.0 | 0.0 | 3.38 | 7.3 | 7.3 | 0.51 | 18.6 | 18.6 | 5.75 | -19.8 | 2.31 | 9.64 | -10.33 | 4.78 | -0.43 | 8.51 | 29.51 | 5.32 | -20.6 | 6.19 | 0.06 | -8.43 | 0.88 |
| 24Q1 (18) | 8.92 | 2.76 | 12.91 | 0 | 0 | 0 | 0.12 | 33.33 | -36.84 | 0 | 0 | 0 | 6.66 | 1.22 | -4.72 | 0.52 | 0.0 | -28.77 | 5.84 | 11.03 | 1.21 | 22.61 | 12.45 | 5.37 | 2.65 | -25.35 | -31.88 | 1.07 | -0.93 | 2.88 | 0.18 | -14.29 | -47.06 | 0.65 | -4.41 | -18.75 | 6.32 | 0.0 | 0.0 | 3.15 | 0.0 | 9.0 | 0.43 | 0.0 | -36.76 | 7.17 | 7.82 | 2.58 | 10.75 | 5.08 | 1.8 | -0.47 | 7.84 | -14.63 | 6.7 | 9.12 | 1.82 | 0.07 | 3.76 | 13.62 |
| 23Q4 (17) | 8.68 | 30.92 | 13.61 | 0 | 0 | 0 | 0.09 | 80.0 | -52.63 | 0 | 0 | 0 | 6.58 | 3.46 | -0.9 | 0.52 | 1.96 | 18.18 | 5.26 | -5.73 | -2.77 | 20.11 | -5.52 | 3.51 | 3.55 | -0.56 | -26.2 | 1.08 | 10.2 | 5.88 | 0.21 | -16.0 | -76.4 | 0.68 | -5.56 | -19.05 | 6.32 | 0.0 | 0.0 | 3.15 | 0.0 | 9.0 | 0.43 | 0.0 | -36.76 | 6.65 | 8.48 | 6.4 | 10.23 | 5.25 | 4.18 | -0.51 | -15.91 | -18.6 | 6.14 | 7.91 | 5.5 | 0.06 | 3.95 | 12.71 |
| 23Q3 (16) | 6.63 | -18.05 | 6.08 | 0 | 0 | 0 | 0.05 | 400.0 | -75.0 | 0 | 0 | 0 | 6.36 | 2.09 | -10.55 | 0.51 | -5.56 | -23.88 | 5.58 | 6.08 | -5.1 | 21.28 | 9.12 | 8.65 | 3.57 | -0.83 | -23.39 | 0.98 | -6.67 | 3.16 | 0.25 | -13.79 | -73.4 | 0.72 | -5.26 | -18.18 | 6.32 | 0.0 | 0.0 | 3.15 | 0.0 | 9.0 | 0.43 | 0.0 | -36.76 | 6.13 | 9.07 | 6.79 | 9.72 | 5.65 | 4.4 | -0.44 | 27.87 | 6.38 | 5.69 | 13.57 | 7.97 | 0.06 | 2.14 | 13.11 |
| 23Q2 (15) | 8.09 | 2.41 | -8.59 | 0 | 0 | 0 | 0.01 | -94.74 | -95.0 | 0 | 0 | 0 | 6.23 | -10.87 | 1.3 | 0.54 | -26.03 | -1.82 | 5.26 | -8.84 | 0.19 | 19.50 | -9.11 | 14.01 | 3.6 | -7.46 | -12.2 | 1.05 | 0.96 | 12.9 | 0.29 | -14.71 | -70.71 | 0.76 | -5.0 | -17.39 | 6.32 | 0.0 | 0.0 | 3.15 | 9.0 | 9.0 | 0.43 | -36.76 | -36.76 | 5.62 | -19.6 | 10.85 | 9.2 | -12.88 | 6.48 | -0.61 | -48.78 | -15.09 | 5.01 | -23.86 | 10.35 | 0.06 | 3.13 | 11.66 |
| 23Q1 (14) | 7.9 | 3.4 | -8.67 | 0 | 0 | 0 | 0.19 | 0.0 | -5.0 | 0 | 0 | 0 | 6.99 | 5.27 | -12.08 | 0.73 | 65.91 | -17.05 | 5.77 | 6.65 | 11.39 | 21.46 | 10.46 | 25.6 | 3.89 | -19.13 | -14.13 | 1.04 | 1.96 | 11.83 | 0.34 | -61.8 | -67.31 | 0.8 | -4.76 | -17.53 | 6.32 | 0.0 | 0.0 | 2.89 | 0.0 | 9.89 | 0.68 | 0.0 | 78.95 | 6.99 | 11.84 | 0.14 | 10.56 | 7.54 | 5.71 | -0.41 | 4.65 | 2.38 | 6.58 | 13.06 | 0.3 | 0.06 | 2.93 | 9.56 |
| 22Q4 (13) | 7.64 | 22.24 | 10.4 | 0 | 0 | 0 | 0.19 | -5.0 | -5.0 | 0 | 0 | 0 | 6.64 | -6.61 | -24.63 | 0.44 | -34.33 | -13.73 | 5.41 | -7.99 | -12.32 | 19.43 | -0.82 | -1.17 | 4.81 | 3.22 | -2.83 | 1.02 | 7.37 | 10.87 | 0.89 | -5.32 | -43.31 | 0.84 | -4.55 | -17.65 | 6.32 | 0.0 | 0.0 | 2.89 | 0.0 | 9.89 | 0.68 | 0.0 | 78.95 | 6.25 | 8.89 | 2.46 | 9.82 | 5.48 | 7.79 | -0.43 | 8.51 | 36.76 | 5.82 | 10.44 | 7.38 | 0.06 | 4.32 | 7.02 |
| 22Q3 (12) | 6.25 | -29.38 | 8.89 | 0 | 0 | 0 | 0.2 | 0.0 | 0.0 | 0 | 0 | 0 | 7.11 | 15.61 | -8.61 | 0.67 | 21.82 | -11.84 | 5.88 | 12.0 | 9.09 | 19.59 | 14.5 | 11.85 | 4.66 | 13.66 | 14.5 | 0.95 | 2.15 | 7.95 | 0.94 | -5.05 | -41.98 | 0.88 | -4.35 | -17.76 | 6.32 | 0.0 | 0.0 | 2.89 | 0.0 | 9.89 | 0.68 | 0.0 | 78.95 | 5.74 | 13.21 | 2.32 | 9.31 | 7.75 | 8.0 | -0.47 | 11.32 | 34.72 | 5.27 | 16.08 | 7.77 | 0.05 | 0.83 | 8.14 |
| 22Q2 (11) | 8.85 | 2.31 | 10.9 | 0 | 0 | 0 | 0.2 | 0.0 | 0.0 | 0 | 0 | 0 | 6.15 | -22.64 | 6.4 | 0.55 | -37.5 | 19.57 | 5.25 | 1.35 | 13.39 | 17.11 | 0.13 | 15.09 | 4.1 | -9.49 | 12.64 | 0.93 | 0.0 | 3.33 | 0.99 | -4.81 | -40.72 | 0.92 | -5.15 | -17.86 | 6.32 | 0.0 | 0.0 | 2.89 | 9.89 | 9.89 | 0.68 | 78.95 | 78.95 | 5.07 | -27.36 | 4.54 | 8.64 | -13.51 | 9.92 | -0.53 | -26.19 | 14.52 | 4.54 | -30.79 | 7.33 | 0.05 | 1.19 | -1.12 |
| 22Q1 (10) | 8.65 | 25.0 | 3.72 | 0 | 0 | 0 | 0.2 | 0.0 | 1900.0 | 0 | 0 | 0 | 7.95 | -9.76 | -11.86 | 0.88 | 72.55 | 0.0 | 5.18 | -16.05 | -11.0 | 17.08 | -13.08 | -3.36 | 4.53 | -8.48 | 24.11 | 0.93 | 1.09 | 5.68 | 1.04 | -33.76 | 5100.0 | 0.97 | -4.9 | -17.09 | 6.32 | 0.0 | 0.0 | 2.63 | 0.0 | 15.35 | 0.38 | 0.0 | 31.03 | 6.98 | 14.43 | -5.68 | 9.99 | 9.66 | 0.1 | -0.42 | 38.24 | 14.29 | 6.56 | 21.03 | -5.07 | 0.05 | 0.55 | -24.82 |
| 21Q4 (9) | 6.92 | 20.56 | 18.49 | 0 | 0 | 0 | 0.2 | 0.0 | 1900.0 | 0 | 0 | 0 | 8.81 | 13.24 | 7.44 | 0.51 | -32.89 | 41.67 | 6.17 | 14.47 | -3.89 | 19.66 | 12.25 | -6.34 | 4.95 | 21.62 | -0.4 | 0.92 | 4.55 | 1.1 | 1.57 | -3.09 | 5133.33 | 1.02 | -4.67 | -16.39 | 6.32 | 0.0 | 0.0 | 2.63 | 0.0 | 15.35 | 0.38 | 0.0 | 31.03 | 6.1 | 8.73 | -6.58 | 9.11 | 5.68 | 0.11 | -0.68 | 5.56 | -78.95 | 5.42 | 10.84 | -11.87 | 0.05 | 5.41 | -23.03 |
| 21Q3 (8) | 5.74 | -28.07 | -6.67 | 0 | 0 | -100.0 | 0.2 | 0.0 | 1900.0 | 0 | 0 | 0 | 7.78 | 34.6 | -4.54 | 0.76 | 65.22 | -52.8 | 5.39 | 16.41 | -15.78 | 17.51 | 17.81 | -20.46 | 4.07 | 11.81 | 9.41 | 0.88 | -2.22 | 8.64 | 1.62 | -2.99 | 5300.0 | 1.07 | -4.46 | -15.75 | 6.32 | 0.0 | 0.0 | 2.63 | 0.0 | 15.35 | 0.38 | 0.0 | 31.03 | 5.61 | 15.67 | -10.53 | 8.62 | 9.67 | -2.49 | -0.72 | -16.13 | -38.46 | 4.89 | 15.6 | -14.96 | 0.05 | -7.8 | -21.73 |
| 21Q2 (7) | 7.98 | -4.32 | 48.33 | 0 | 0 | -100.0 | 0.2 | 1900.0 | 17.65 | 0 | 0 | 0 | 5.78 | -35.92 | -23.44 | 0.46 | -47.73 | -36.11 | 4.63 | -20.45 | -13.94 | 14.86 | -15.93 | 0 | 3.64 | -0.27 | -4.71 | 0.9 | 2.27 | 12.5 | 1.67 | 8250.0 | -5.11 | 1.12 | -4.27 | -14.5 | 6.32 | 0.0 | 0.0 | 2.63 | 15.35 | 15.35 | 0.38 | 31.03 | 31.03 | 4.85 | -34.46 | 4.3 | 7.86 | -21.24 | 8.71 | -0.62 | -26.53 | -14.81 | 4.23 | -38.78 | 2.92 | 0.05 | -23.07 | -15.96 |
| 21Q1 (6) | 8.34 | 42.81 | 106.44 | 0 | 0 | -100.0 | 0.01 | 0.0 | -90.91 | 0 | 0 | 0 | 9.02 | 10.0 | 34.83 | 0.88 | 144.44 | 12.82 | 5.82 | -9.35 | 6.4 | 17.68 | -15.76 | 0 | 3.65 | -26.56 | 5.19 | 0.88 | -3.3 | 17.33 | 0.02 | -33.33 | -98.9 | 1.17 | -4.1 | -12.69 | 6.32 | 0.0 | 0.0 | 2.28 | 0.0 | 18.13 | 0.29 | 0.0 | 70.59 | 7.4 | 13.32 | 9.14 | 9.98 | 9.67 | 12.39 | -0.49 | -28.95 | 5.77 | 6.91 | 12.36 | 10.38 | 0.07 | 2.96 | -0.41 |
| 20Q4 (5) | 5.84 | -5.04 | 82.5 | 0 | -100.0 | 0 | 0.01 | 0.0 | -80.0 | 0 | 0 | 0 | 8.2 | 0.61 | 22.75 | 0.36 | -77.64 | -25.0 | 6.42 | 0.31 | 25.15 | 20.99 | -4.67 | 0 | 4.97 | 33.6 | 26.14 | 0.91 | 12.35 | 18.18 | 0.03 | 0.0 | -98.4 | 1.22 | -3.94 | -12.86 | 6.32 | 0.0 | 0.0 | 2.28 | 0.0 | 18.13 | 0.29 | 0.0 | 70.59 | 6.53 | 4.15 | 8.83 | 9.1 | 2.94 | 12.35 | -0.38 | 26.92 | -31.03 | 6.15 | 6.96 | 7.71 | 0.07 | 7.19 | 0.19 |
| 20Q3 (4) | 6.15 | 14.31 | 0.0 | 0.6 | 0.0 | 0.0 | 0.01 | -94.12 | 0.0 | 0 | 0 | 0.0 | 8.15 | 7.95 | 0.0 | 1.61 | 123.61 | 0.0 | 6.4 | 18.96 | 0.0 | 22.02 | 0 | 0.0 | 3.72 | -2.62 | 0.0 | 0.81 | 1.25 | 0.0 | 0.03 | -98.3 | 0.0 | 1.27 | -3.05 | 0.0 | 6.32 | 0.0 | 0.0 | 2.28 | 0.0 | 0.0 | 0.29 | 0.0 | 0.0 | 6.27 | 34.84 | 0.0 | 8.84 | 22.27 | 0.0 | -0.52 | 3.7 | 0.0 | 5.75 | 39.9 | 0.0 | 0.06 | -1.01 | 0.0 |
