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) | 14.45 | -5.49 | 1.0 | 400.0 | 0.15 | 66.67 | 0 | 0 | 34.09 | -5.67 | 3.0 | -29.74 | 2.7 | 51.69 | 7.92 | 60.81 | 3.95 | -2.95 | 12.34 | -2.06 | 0.73 | 5.8 | 0.06 | 20.0 | 20.0 | 0.0 | 13.92 | 3.42 | 0.45 | 0.0 | 5.55 | -12.04 | 19.93 | -1.43 | -0.03 | 0 | 5.52 | -12.1 | 0.01 | -58.16 |
| 2022 (9) | 15.29 | -11.41 | 0.2 | -93.06 | 0.09 | 125.0 | 0 | 0 | 36.14 | -11.77 | 4.27 | 8.65 | 1.78 | -9.18 | 4.93 | 2.93 | 4.07 | 3.04 | 12.6 | -6.87 | 0.69 | 30.19 | 0.05 | -44.44 | 20.0 | 0.0 | 13.46 | 3.06 | 0.45 | 0.0 | 6.31 | 23.73 | 20.22 | 8.59 | -0.03 | 0 | 6.28 | 23.62 | 0.02 | -9.31 |
| 2021 (8) | 17.26 | 14.61 | 2.88 | 860.0 | 0.04 | 0.0 | 0 | 0 | 40.96 | 30.86 | 3.93 | 7.67 | 1.96 | 15.98 | 4.79 | -11.38 | 3.95 | 25.0 | 13.53 | 2.04 | 0.53 | -7.02 | 0.09 | 12.5 | 20.0 | 0.0 | 13.06 | 2.83 | 0.45 | 0.0 | 5.1 | 22.6 | 18.62 | 7.57 | -0.02 | 0 | 5.08 | 23.0 | 0.02 | 10.02 |
| 2020 (7) | 15.06 | -5.82 | 0.3 | -71.15 | 0.04 | 0 | 0 | 0 | 31.3 | 7.67 | 3.65 | 5.49 | 1.69 | -10.58 | 5.40 | -16.95 | 3.16 | -1.86 | 13.26 | -1.78 | 0.57 | 0 | 0.08 | 60.0 | 20.0 | 0.0 | 12.7 | 3.25 | 0.45 | 0.0 | 4.16 | 5.58 | 17.31 | 3.65 | -0.03 | 0 | 4.13 | 5.9 | 0.02 | 0 |
| 2019 (6) | 15.99 | -4.82 | 1.04 | 0 | 0 | 0 | 0 | 0 | 29.07 | -3.13 | 3.46 | -23.62 | 1.89 | 14.55 | 6.50 | 18.25 | 3.22 | 8.42 | 13.5 | -1.1 | 0 | 0 | 0.05 | 66.67 | 20.0 | 0.0 | 12.3 | 3.62 | 0.45 | 0.0 | 3.94 | -10.45 | 16.7 | -0.12 | -0.04 | 0 | 3.9 | -10.76 | 0.00 | 0 |
| 2018 (5) | 16.8 | 1.14 | 0 | 0 | 0 | 0 | 0 | 0 | 30.01 | 8.85 | 4.53 | 27.97 | 1.65 | -3.51 | 5.50 | -11.35 | 2.97 | -9.45 | 13.65 | -3.67 | 0 | 0 | 0.03 | -25.0 | 20.0 | 0.0 | 11.87 | 2.95 | 0.45 | -2.17 | 4.4 | 32.13 | 16.72 | 9.07 | -0.03 | 0 | 4.37 | 32.02 | 0.00 | 0 |
| 2017 (4) | 16.61 | 10.29 | 0 | 0 | 0 | 0 | 0 | 0 | 27.57 | 0.07 | 3.54 | 0.57 | 1.71 | -15.35 | 6.20 | -15.41 | 3.28 | 21.03 | 14.17 | -0.98 | 0 | 0 | 0.04 | -42.86 | 20.0 | 0.0 | 11.53 | 2.95 | 0.46 | 0.0 | 3.33 | -0.89 | 15.33 | 2.06 | -0.02 | 0 | 3.31 | -0.3 | 0.00 | 0 |
| 2016 (3) | 15.06 | 71.92 | 0 | 0 | 0 | 0 | 0 | 0 | 27.55 | -0.22 | 3.52 | 30.86 | 2.02 | -1.46 | 7.33 | -1.25 | 2.71 | -17.38 | 14.31 | -1.85 | 0 | 0 | 0.07 | -41.67 | 20.0 | 0.0 | 11.2 | 2.28 | 0.46 | 0.0 | 3.36 | 34.94 | 15.02 | 7.98 | -0.04 | 0 | 3.32 | 43.72 | 0.00 | 0 |
| 2015 (2) | 8.76 | 21.67 | 0 | 0 | 0 | 0 | 0 | 0 | 27.61 | 6.31 | 2.69 | 25.7 | 2.05 | -1.91 | 7.42 | -7.74 | 3.28 | 6.84 | 14.58 | 0.0 | 0 | 0 | 0.12 | -36.84 | 20.0 | 0.0 | 10.95 | 1.96 | 0.46 | 0.0 | 2.49 | 21.46 | 13.91 | 4.9 | -0.18 | 0 | 2.31 | 15.5 | 0.00 | 0 |
| 2014 (1) | 7.2 | 4.5 | 0 | 0 | 0 | 0 | 0 | 0 | 25.97 | 7.8 | 2.14 | 69.84 | 2.09 | 5.56 | 8.05 | -2.09 | 3.07 | 1.66 | 14.58 | 32.79 | 0 | 0 | 0.19 | -9.52 | 20.0 | 0.0 | 10.74 | 1.13 | 0.46 | -2.13 | 2.05 | 69.42 | 13.26 | 7.8 | -0.05 | 0 | 2.0 | 65.29 | 0.00 | 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) | 12.84 | -13.48 | -4.46 | 1.19 | -8.46 | 19.0 | 0.15 | 0.0 | 66.67 | 0 | 0 | 0 | 8.39 | 4.35 | -8.9 | 0.92 | -7.07 | -39.47 | 2.42 | 21.61 | -33.33 | 7.52 | 24.7 | -27.85 | 3.58 | -6.77 | -13.32 | 12.24 | -0.33 | -1.13 | 0.61 | -6.15 | -1.61 | 0.1 | 0.0 | 42.86 | 20.0 | 0.0 | 0.0 | 14.19 | 0.0 | 1.94 | 0.45 | 0.0 | 0.0 | 5.83 | 18.5 | 0.0 | 20.48 | 4.7 | 1.39 | -0.02 | 33.33 | 33.33 | 5.81 | 18.81 | 0.17 | 0.00 | -83.51 | -95.08 |
| 24Q2 (19) | 14.84 | -1.66 | -5.9 | 1.3 | 0.0 | 160.0 | 0.15 | 0.0 | 66.67 | 0 | 0 | 0 | 8.04 | -1.11 | -6.4 | 0.99 | -4.81 | 167.57 | 1.99 | -19.43 | -12.33 | 6.03 | -18.09 | -6.02 | 3.84 | 0.26 | -9.22 | 12.28 | -0.24 | -1.05 | 0.65 | -5.8 | 0.0 | 0.1 | -9.09 | 42.86 | 20.0 | 0.0 | 0.0 | 14.19 | 1.94 | 1.94 | 0.45 | 0.0 | 0.0 | 4.92 | -25.45 | 14.42 | 19.56 | -6.72 | 4.71 | -0.03 | 0.0 | 25.0 | 4.89 | -25.57 | 14.79 | 0.00 | -36.99 | -74.28 |
| 24Q1 (18) | 15.09 | 4.43 | -1.82 | 1.3 | 30.0 | 1200.0 | 0.15 | 0.0 | 66.67 | 0 | 0 | 0 | 8.13 | 6.41 | -6.01 | 1.04 | 3366.67 | -3.7 | 2.47 | -8.52 | -7.14 | 7.36 | -7.1 | -1.67 | 3.83 | -3.04 | -2.54 | 12.31 | -0.24 | -1.05 | 0.69 | -5.48 | 2.99 | 0.11 | 83.33 | 120.0 | 20.0 | 0.0 | 0.0 | 13.92 | 0.0 | 3.42 | 0.45 | 0.0 | 0.0 | 6.6 | 18.92 | -10.69 | 20.97 | 5.22 | -1.6 | -0.03 | 0.0 | 0.0 | 6.57 | 19.02 | -10.73 | 0.01 | -33.63 | -70.97 |
| 23Q4 (17) | 14.45 | 7.51 | -5.49 | 1.0 | 0.0 | 400.0 | 0.15 | 66.67 | 66.67 | 0 | 0 | 0 | 7.64 | -17.05 | -9.05 | 0.03 | -98.03 | -96.7 | 2.7 | -25.62 | 51.69 | 7.92 | -23.96 | 60.76 | 3.95 | -4.36 | -2.95 | 12.34 | -0.32 | -2.06 | 0.73 | 17.74 | 5.8 | 0.06 | -14.29 | 20.0 | 20.0 | 0.0 | 0.0 | 13.92 | 0.0 | 3.42 | 0.45 | 0.0 | 0.0 | 5.55 | -4.8 | -12.04 | 19.93 | -1.34 | -1.43 | -0.03 | 0.0 | 0.0 | 5.52 | -4.83 | -12.1 | 0.01 | -28.71 | -58.16 |
| 23Q3 (16) | 13.44 | -14.77 | -10.64 | 1.0 | 100.0 | 0 | 0.09 | 0.0 | 80.0 | 0 | 0 | 0 | 9.21 | 7.22 | -5.64 | 1.52 | 310.81 | -6.75 | 3.63 | 59.91 | 107.43 | 10.42 | 62.44 | 136.18 | 4.13 | -2.36 | 16.67 | 12.38 | -0.24 | -10.61 | 0.62 | -4.62 | -3.12 | 0.07 | 0.0 | 16.67 | 20.0 | 0.0 | 0.0 | 13.92 | 0.0 | 3.42 | 0.45 | 0.0 | 0.0 | 5.83 | 35.58 | 14.99 | 20.2 | 8.14 | 6.37 | -0.03 | 25.0 | 0.0 | 5.8 | 36.15 | 15.08 | 0.01 | -13.72 | -34.66 |
| 23Q2 (15) | 15.77 | 2.6 | 4.51 | 0.5 | 400.0 | -84.52 | 0.09 | 0.0 | 80.0 | 0 | 0 | 0 | 8.59 | -0.69 | -1.72 | 0.37 | -65.74 | -19.57 | 2.27 | -14.66 | -2.99 | 6.41 | -14.3 | 12.79 | 4.23 | 7.63 | 11.32 | 12.41 | -0.24 | -10.66 | 0.65 | -2.99 | 0.0 | 0.07 | 40.0 | 16.67 | 20.0 | 0.0 | 0.0 | 13.92 | 3.42 | 3.42 | 0.45 | 0.0 | 0.0 | 4.3 | -41.81 | 24.64 | 18.68 | -12.34 | 7.6 | -0.04 | -33.33 | -33.33 | 4.26 | -42.12 | 24.56 | 0.01 | -28.88 | -25.57 |
| 23Q1 (14) | 15.37 | 0.52 | -3.45 | 0.1 | -50.0 | -96.53 | 0.09 | 0.0 | 80.0 | 0 | 0 | 0 | 8.65 | 2.98 | -6.28 | 1.08 | 18.68 | -14.96 | 2.66 | 49.44 | -13.92 | 7.48 | 51.88 | 2.38 | 3.93 | -3.44 | 0.0 | 12.44 | -1.27 | -10.63 | 0.67 | -2.9 | 1.52 | 0.05 | 0.0 | -37.5 | 20.0 | 0.0 | 0.0 | 13.46 | 0.0 | 3.06 | 0.45 | 0.0 | 0.0 | 7.39 | 17.12 | 15.65 | 21.31 | 5.39 | 7.09 | -0.03 | 0.0 | 0.0 | 7.36 | 17.2 | 15.72 | 0.02 | -4.34 | -14.3 |
| 22Q4 (13) | 15.29 | 1.66 | -11.41 | 0.2 | 0 | -93.06 | 0.09 | 80.0 | 125.0 | 0 | 0 | 0 | 8.4 | -13.93 | -29.71 | 0.91 | -44.17 | 9.64 | 1.78 | 1.71 | -9.18 | 4.93 | 11.71 | 2.93 | 4.07 | 14.97 | 3.04 | 12.6 | -9.03 | -6.87 | 0.69 | 7.81 | 30.19 | 0.05 | -16.67 | -44.44 | 20.0 | 0.0 | 0.0 | 13.46 | 0.0 | 3.06 | 0.45 | 0.0 | 0.0 | 6.31 | 24.46 | 23.73 | 20.22 | 6.48 | 8.59 | -0.03 | 0.0 | -50.0 | 6.28 | 24.6 | 23.62 | 0.02 | 11.32 | -9.31 |
| 22Q3 (12) | 15.04 | -0.33 | -5.29 | 0 | -100.0 | -100.0 | 0.05 | 0.0 | 25.0 | 0 | 0 | 0 | 9.76 | 11.67 | -13.17 | 1.63 | 254.35 | 61.39 | 1.75 | -25.21 | -67.77 | 4.41 | -22.42 | -69.48 | 3.54 | -6.84 | -35.75 | 13.85 | -0.29 | 5.16 | 0.64 | -1.54 | 18.52 | 0.06 | 0.0 | -33.33 | 20.0 | 0.0 | 0.0 | 13.46 | 0.0 | 3.06 | 0.45 | 0.0 | 0.0 | 5.07 | 46.96 | 21.0 | 18.99 | 9.39 | 7.23 | -0.03 | 0.0 | -50.0 | 5.04 | 47.37 | 20.86 | 0.02 | -1.72 | -13.55 |
| 22Q2 (11) | 15.09 | -5.21 | -13.38 | 3.23 | 12.15 | 63.96 | 0.05 | 0.0 | 25.0 | 0 | 0 | 0 | 8.74 | -5.31 | -11.36 | 0.46 | -63.78 | -57.01 | 2.34 | -24.27 | -19.86 | 5.69 | -22.21 | -33.98 | 3.8 | -3.31 | -14.8 | 13.89 | -0.22 | 5.23 | 0.65 | -1.52 | 18.18 | 0.06 | -25.0 | -33.33 | 20.0 | 0.0 | 0.0 | 13.46 | 3.06 | 3.06 | 0.45 | 0.0 | 0.0 | 3.45 | -46.01 | 8.15 | 17.36 | -12.76 | 3.95 | -0.03 | 0.0 | -50.0 | 3.42 | -46.23 | 7.89 | 0.02 | -18.11 | -8.99 |
| 22Q1 (10) | 15.92 | -7.76 | -6.35 | 2.88 | 0.0 | 32.72 | 0.05 | 25.0 | 25.0 | 0 | 0 | 0 | 9.23 | -22.76 | 16.84 | 1.27 | 53.01 | 23.3 | 3.09 | 57.65 | 52.22 | 7.31 | 52.69 | 15.06 | 3.93 | -0.51 | 11.65 | 13.92 | 2.88 | 5.22 | 0.66 | 24.53 | 17.86 | 0.08 | -11.11 | -11.11 | 20.0 | 0.0 | 0.0 | 13.06 | 0.0 | 2.83 | 0.45 | 0.0 | 0.0 | 6.39 | 25.29 | 23.36 | 19.9 | 6.87 | 8.57 | -0.03 | -50.0 | 0.0 | 6.36 | 25.2 | 23.5 | 0.02 | 1.22 | 13.99 |
| 21Q4 (9) | 17.26 | 8.69 | 14.61 | 2.88 | -4.95 | 860.0 | 0.04 | 0.0 | 0.0 | 0 | 0 | 0 | 11.95 | 6.32 | 39.28 | 0.83 | -17.82 | -31.4 | 1.96 | -63.9 | 15.98 | 4.79 | -66.87 | -11.35 | 3.95 | -28.31 | 25.0 | 13.53 | 2.73 | 2.04 | 0.53 | -1.85 | -7.02 | 0.09 | 0.0 | 12.5 | 20.0 | 0.0 | 0.0 | 13.06 | 0.0 | 2.83 | 0.45 | 0.0 | 0.0 | 5.1 | 21.72 | 22.6 | 18.62 | 5.14 | 7.57 | -0.02 | 0.0 | 33.33 | 5.08 | 21.82 | 23.0 | 0.02 | 6.11 | 10.02 |
| 21Q3 (8) | 15.88 | -8.84 | 12.23 | 3.03 | 53.81 | 0 | 0.04 | 0.0 | 0.0 | 0 | 0 | 0 | 11.24 | 14.0 | 48.48 | 1.01 | -5.61 | 5.21 | 5.43 | 85.96 | 185.79 | 14.45 | 67.8 | 128.75 | 5.51 | 23.54 | 77.74 | 13.17 | -0.23 | -0.98 | 0.54 | -1.82 | -6.9 | 0.09 | 0.0 | 28.57 | 20.0 | 0.0 | 0.0 | 13.06 | 0.0 | 2.83 | 0.45 | 0.0 | 0.0 | 4.19 | 31.35 | 40.13 | 17.71 | 6.05 | 9.73 | -0.02 | 0.0 | 50.0 | 4.17 | 31.55 | 41.36 | 0.02 | 3.47 | 13.29 |
| 21Q2 (7) | 17.42 | 2.47 | 6.54 | 1.97 | -9.22 | 885.0 | 0.04 | 0.0 | 0.0 | 0 | 0 | 0 | 9.86 | 24.81 | 24.65 | 1.07 | 3.88 | 30.49 | 2.92 | 43.84 | 52.88 | 8.61 | 35.57 | 0 | 4.46 | 26.7 | 30.79 | 13.2 | -0.23 | -1.71 | 0.55 | -1.79 | -8.33 | 0.09 | 0.0 | 28.57 | 20.0 | 0.0 | 0.0 | 13.06 | 2.83 | 2.83 | 0.45 | 0.0 | 0.0 | 3.19 | -38.42 | 57.92 | 16.7 | -8.89 | 10.01 | -0.02 | 33.33 | 50.0 | 3.17 | -38.45 | 60.1 | 0.02 | 2.57 | 3.6 |
| 21Q1 (6) | 17.0 | 12.88 | 4.62 | 2.17 | 623.33 | 108.65 | 0.04 | 0.0 | 0 | 0 | 0 | 0 | 7.9 | -7.93 | 9.12 | 1.03 | -14.88 | 56.06 | 2.03 | 20.12 | 14.69 | 6.35 | 17.64 | 0 | 3.52 | 11.39 | 19.73 | 13.23 | -0.23 | -1.78 | 0.56 | -1.75 | 0 | 0.09 | 12.5 | 28.57 | 20.0 | 0.0 | 0.0 | 12.7 | 0.0 | 3.25 | 0.45 | 0.0 | 0.0 | 5.18 | 24.52 | 12.61 | 18.33 | 5.89 | 5.59 | -0.03 | 0.0 | 25.0 | 5.15 | 24.7 | 12.94 | 0.02 | -2.31 | 0 |
| 20Q4 (5) | 15.06 | 6.43 | -5.82 | 0.3 | 0 | -71.15 | 0.04 | 0.0 | 0 | 0 | 0 | 0 | 8.58 | 13.34 | 16.58 | 1.21 | 26.04 | 61.33 | 1.69 | -11.05 | -10.58 | 5.40 | -14.52 | 0 | 3.16 | 1.94 | -1.86 | 13.26 | -0.3 | -1.78 | 0.57 | -1.72 | 0 | 0.08 | 14.29 | 60.0 | 20.0 | 0.0 | 0.0 | 12.7 | 0.0 | 3.25 | 0.45 | 0.0 | 0.0 | 4.16 | 39.13 | 5.58 | 17.31 | 7.25 | 3.65 | -0.03 | 25.0 | 25.0 | 4.13 | 40.0 | 5.9 | 0.02 | 9.27 | 0 |
| 20Q3 (4) | 14.15 | -13.46 | 0.0 | 0 | -100.0 | 0.0 | 0.04 | 0.0 | 0.0 | 0 | 0 | 0.0 | 7.57 | -4.3 | 0.0 | 0.96 | 17.07 | 0.0 | 1.9 | -0.52 | 0.0 | 6.32 | 0 | 0.0 | 3.1 | -9.09 | 0.0 | 13.3 | -0.97 | 0.0 | 0.58 | -3.33 | 0.0 | 0.07 | 0.0 | 0.0 | 20.0 | 0.0 | 0.0 | 12.7 | 0.0 | 0.0 | 0.45 | 0.0 | 0.0 | 2.99 | 48.02 | 0.0 | 16.14 | 6.32 | 0.0 | -0.04 | 0.0 | 0.0 | 2.95 | 48.99 | 0.0 | 0.02 | -5.39 | 0.0 |
