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) | 2.79 | -39.87 | 3.15 | 43.18 | 5.24 | 48.44 | 0 | 0 | 98.53 | -13.15 | 15.78 | -13.53 | 13.37 | -2.34 | 13.57 | 12.45 | 15.32 | -17.86 | 11.41 | 0.35 | 27.19 | 10.48 | 0.08 | 0.0 | 25.0 | 0.0 | 15.7 | 13.28 | 0.62 | -19.48 | 45.42 | 12.62 | 61.73 | 12.32 | -0.72 | 0 | 44.7 | 12.57 | 0.00 | 0 |
| 2022 (9) | 4.64 | 53.64 | 2.2 | -54.36 | 3.53 | -15.95 | 0 | 0 | 113.45 | 1.8 | 18.25 | 12.86 | 13.69 | -17.78 | 12.07 | -19.23 | 18.65 | 28.27 | 11.37 | 7.47 | 24.61 | 124.34 | 0.08 | 14.29 | 25.0 | 25.0 | 13.86 | 13.24 | 0.77 | -28.04 | 40.33 | 17.75 | 54.96 | 15.54 | -0.62 | 0 | 39.71 | 18.61 | 0.00 | 0 |
| 2021 (8) | 3.02 | -31.98 | 4.82 | 66.21 | 4.2 | 228.12 | 0 | 0 | 111.44 | 43.28 | 16.17 | 37.73 | 16.65 | 31.62 | 14.94 | -8.13 | 14.54 | 43.39 | 10.58 | 4.13 | 10.97 | 100.92 | 0.07 | 16.67 | 20.0 | 11.11 | 12.24 | 10.57 | 1.07 | 0.94 | 34.25 | 24.27 | 47.57 | 19.88 | -0.77 | 0 | 33.48 | 26.39 | 0.00 | 0 |
| 2020 (7) | 4.44 | 246.88 | 2.9 | -58.81 | 1.28 | 0 | 0 | 0 | 77.78 | 3.6 | 11.74 | 32.66 | 12.65 | 7.29 | 16.26 | 3.57 | 10.14 | 19.15 | 10.16 | -0.2 | 5.46 | 0 | 0.06 | 0.0 | 18.0 | 20.0 | 11.07 | 8.74 | 1.06 | 30.86 | 27.56 | 18.49 | 39.68 | 15.89 | -1.07 | 0 | 26.49 | 19.32 | 0.00 | 0 |
| 2019 (6) | 1.28 | -69.52 | 7.04 | 0 | 0 | 0 | 0 | 0 | 75.08 | -6.55 | 8.85 | -4.84 | 11.79 | 4.43 | 15.70 | 11.74 | 8.51 | -8.79 | 10.18 | -0.2 | 0 | 0 | 0.06 | 200.0 | 15.0 | 0.0 | 10.18 | 10.05 | 0.81 | -4.71 | 23.26 | 2.2 | 34.24 | 4.2 | -1.06 | 0 | 22.2 | 1.14 | 0.00 | 0 |
| 2018 (5) | 4.2 | -63.03 | 0 | 0 | 0 | 0 | 0 | 0 | 80.34 | 17.46 | 9.3 | 5.8 | 11.29 | 16.03 | 14.05 | -1.21 | 9.33 | 39.88 | 10.2 | 2.0 | 0 | 0 | 0.02 | 100.0 | 15.0 | 0.0 | 9.25 | 10.51 | 0.85 | 46.55 | 22.76 | 8.95 | 32.86 | 10.12 | -0.81 | 0 | 21.95 | 9.53 | 0.00 | 0 |
| 2017 (4) | 11.36 | 15.45 | 0 | 0 | 0 | 0 | 0 | 0 | 68.4 | 10.73 | 8.79 | 11.97 | 9.73 | -2.99 | 14.23 | -12.39 | 6.67 | 5.37 | 10.0 | -2.72 | 0 | 0 | 0.01 | 0.0 | 15.0 | 0.0 | 8.37 | 10.42 | 0.58 | 75.76 | 20.89 | 9.14 | 29.84 | 10.31 | -0.85 | 0 | 20.04 | 7.97 | 0.00 | 0 |
| 2016 (3) | 9.84 | 38.4 | 0 | 0 | 0 | 0 | 0 | 0 | 61.77 | -4.94 | 7.85 | 28.27 | 10.03 | 16.36 | 16.24 | 22.4 | 6.33 | -1.56 | 10.28 | -8.05 | 0 | 0 | 0.01 | 0.0 | 15.0 | 0.0 | 7.58 | 8.75 | 0.33 | 0.0 | 19.14 | 15.86 | 27.05 | 13.56 | -0.58 | 0 | 18.56 | 10.28 | 0.00 | 0 |
| 2015 (2) | 7.11 | 330.91 | 0 | 0 | 0 | 0 | 0 | 0 | 64.98 | -10.78 | 6.12 | 16.79 | 8.62 | -15.74 | 13.27 | -5.56 | 6.43 | -30.03 | 11.18 | 2.95 | 0 | 0 | 0.01 | -50.0 | 15.0 | 0.0 | 6.97 | 8.06 | 0.33 | 0.0 | 16.52 | 11.1 | 23.82 | 10.07 | 0.31 | -22.5 | 16.83 | 10.22 | 0.00 | 0 |
| 2014 (1) | 1.65 | 27.91 | 1.6 | -58.76 | 0 | 0 | 0 | 0 | 72.83 | 8.43 | 5.24 | -3.14 | 10.23 | -6.23 | 14.05 | -13.52 | 9.19 | -8.47 | 10.86 | 6.05 | 0 | 0 | 0.02 | 0.0 | 15.0 | 12.36 | 6.45 | 9.14 | 0.33 | 0.0 | 14.87 | 2.13 | 21.64 | 4.09 | 0.4 | 150.0 | 15.27 | 3.74 | 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) | 2.63 | -14.61 | 30.85 | 0.35 | -85.11 | -93.0 | 9.81 | -32.62 | 92.35 | 0 | 0 | 0 | 28.76 | 9.06 | 14.04 | 4.78 | 3.46 | 23.2 | 15.1 | 8.48 | 10.54 | 14.09 | 4.89 | 1.45 | 15.39 | -1.28 | -8.61 | 12.12 | 2.89 | 3.41 | 30.49 | 76.96 | 0.93 | 0.12 | 33.33 | 33.33 | 25.0 | 0.0 | 0.0 | 17.27 | 0.0 | 10.0 | 0.72 | 0.0 | 16.13 | 49.14 | 10.78 | 18.95 | 67.14 | 7.67 | 16.52 | 0.04 | 119.05 | 107.27 | 49.18 | 11.39 | 20.66 | 0.00 | 0 | 0 |
| 24Q2 (19) | 3.08 | -4.64 | -2.84 | 2.35 | 27.03 | 17.5 | 14.56 | 32.85 | 294.58 | 0 | 0 | 0 | 26.37 | -0.45 | 13.08 | 4.62 | 15.21 | 12.41 | 13.92 | 6.75 | 12.71 | 13.43 | 3.61 | 9.54 | 15.59 | 1.56 | -8.4 | 11.78 | 0.94 | 3.79 | 17.23 | 2.8 | -36.42 | 0.09 | 28.57 | -18.18 | 25.0 | 0.0 | 0.0 | 17.27 | 10.0 | 10.0 | 0.72 | 16.13 | 16.13 | 44.36 | -10.26 | 18.51 | 62.36 | -5.14 | 16.04 | -0.21 | 62.5 | 76.4 | 44.15 | -9.66 | 20.83 | 0.00 | 0 | 0 |
| 24Q1 (18) | 3.23 | 15.77 | -22.73 | 1.85 | -41.27 | -51.95 | 10.96 | 109.16 | 287.28 | 0 | 0 | 0 | 26.49 | 3.64 | 8.43 | 4.01 | -2.67 | 8.97 | 13.04 | -2.47 | -0.76 | 12.96 | -4.47 | 5.97 | 15.35 | 0.2 | -12.39 | 11.67 | 2.28 | 1.21 | 16.76 | -38.36 | -29.55 | 0.07 | -12.5 | -36.36 | 25.0 | 0.0 | 0.0 | 15.7 | 0.0 | 13.28 | 0.62 | 0.0 | -19.48 | 49.43 | 8.83 | 12.32 | 65.74 | 6.5 | 12.13 | -0.56 | 22.22 | 29.11 | 48.87 | 9.33 | 13.07 | 0.00 | 0 | 0 |
| 23Q4 (17) | 2.79 | 38.81 | -39.87 | 3.15 | -37.0 | 43.18 | 5.24 | 2.75 | 48.44 | 0 | 0 | 0 | 25.56 | 1.35 | 0.67 | 4.12 | 6.19 | 7.29 | 13.37 | -2.12 | -2.34 | 13.57 | -2.29 | 12.44 | 15.32 | -9.03 | -17.86 | 11.41 | -2.65 | 0.35 | 27.19 | -10.0 | 10.48 | 0.08 | -11.11 | 0.0 | 25.0 | 0.0 | 0.0 | 15.7 | 0.0 | 13.28 | 0.62 | 0.0 | -19.48 | 45.42 | 9.95 | 12.62 | 61.73 | 7.13 | 12.32 | -0.72 | -30.91 | -16.13 | 44.7 | 9.67 | 12.57 | 0.00 | 0 | 0 |
| 23Q3 (16) | 2.01 | -36.59 | -54.83 | 5.0 | 150.0 | -7.92 | 5.1 | 38.21 | 54.55 | 0 | 0 | 0 | 25.22 | 8.15 | -8.56 | 3.88 | -5.6 | -18.32 | 13.66 | 10.61 | -9.3 | 13.89 | 13.26 | 10.17 | 16.84 | -1.06 | 3.63 | 11.72 | 3.26 | 1.03 | 30.21 | 11.48 | 30.44 | 0.09 | -18.18 | 12.5 | 25.0 | 0.0 | 0.0 | 15.7 | 0.0 | 13.28 | 0.62 | 0.0 | -19.48 | 41.31 | 10.37 | 13.61 | 57.62 | 7.22 | 13.02 | -0.55 | 38.2 | -83.33 | 40.76 | 11.55 | 13.03 | 0.00 | 0 | 0 |
| 23Q2 (15) | 3.17 | -24.16 | 10.84 | 2.0 | -48.05 | -77.78 | 3.69 | 30.39 | -52.2 | 0 | 0 | 0 | 23.32 | -4.54 | -22.29 | 4.11 | 11.68 | -15.43 | 12.35 | -6.01 | -24.33 | 12.26 | 0.23 | -8.52 | 17.02 | -2.85 | -8.15 | 11.35 | -1.56 | 2.71 | 27.1 | 13.91 | 201.45 | 0.11 | 0.0 | 57.14 | 25.0 | 0.0 | 0.0 | 15.7 | 13.28 | 13.28 | 0.62 | -19.48 | -19.48 | 37.43 | -14.95 | 18.41 | 53.74 | -8.34 | 16.22 | -0.89 | -12.66 | -286.96 | 36.54 | -15.46 | 16.44 | 0.00 | 0 | 0 |
| 23Q1 (14) | 4.18 | -9.91 | 74.9 | 3.85 | 75.0 | 10.0 | 2.83 | -19.83 | -61.29 | 0 | 0 | 0 | 24.43 | -3.78 | -19.8 | 3.68 | -4.17 | -23.49 | 13.14 | -4.02 | -17.36 | 12.23 | 1.37 | -8.47 | 17.52 | -6.06 | 1.51 | 11.53 | 1.41 | 4.34 | 23.79 | -3.33 | 122.96 | 0.11 | 37.5 | 57.14 | 25.0 | 0.0 | 25.0 | 13.86 | 0.0 | 13.24 | 0.77 | 0.0 | -28.04 | 44.01 | 9.12 | 12.67 | 58.63 | 6.68 | 11.95 | -0.79 | -27.42 | -125.71 | 43.22 | 8.84 | 11.65 | 0.00 | 0 | 0 |
| 22Q4 (13) | 4.64 | 4.27 | 53.64 | 2.2 | -59.48 | -54.36 | 3.53 | 6.97 | -15.95 | 0 | 0 | 0 | 25.39 | -7.94 | -19.19 | 3.84 | -19.16 | -7.25 | 13.69 | -9.1 | -17.78 | 12.07 | -4.26 | -19.23 | 18.65 | 14.77 | 28.27 | 11.37 | -1.98 | 7.47 | 24.61 | 6.26 | 124.34 | 0.08 | 0.0 | 14.29 | 25.0 | 0.0 | 25.0 | 13.86 | 0.0 | 13.24 | 0.77 | 0.0 | -28.04 | 40.33 | 10.92 | 17.75 | 54.96 | 7.81 | 15.54 | -0.62 | -106.67 | 19.48 | 39.71 | 10.12 | 18.61 | 0.00 | 0 | 0 |
| 22Q3 (12) | 4.45 | 55.59 | 67.29 | 5.43 | -39.67 | 28.37 | 3.3 | -57.25 | -29.34 | 0 | 0 | 0 | 27.58 | -8.1 | -7.67 | 4.75 | -2.26 | 21.48 | 15.06 | -7.72 | -7.32 | 12.61 | -5.95 | -21.62 | 16.25 | -12.3 | 21.36 | 11.6 | 4.98 | 10.9 | 23.16 | 157.62 | 138.76 | 0.08 | 14.29 | 14.29 | 25.0 | 0.0 | 25.0 | 13.86 | 0.0 | 13.24 | 0.77 | 0.0 | -28.04 | 36.36 | 15.03 | 20.72 | 50.98 | 10.25 | 17.38 | -0.3 | -30.43 | 65.12 | 36.06 | 14.91 | 23.24 | 0.00 | 0 | 0 |
| 22Q2 (11) | 2.86 | 19.67 | -21.64 | 9.0 | 157.14 | 284.62 | 7.72 | 5.61 | 503.12 | 0 | 0 | 0 | 30.01 | -1.48 | 10.29 | 4.86 | 1.04 | 12.24 | 16.32 | 2.64 | 4.95 | 13.40 | 0.28 | -22.63 | 18.53 | 7.36 | 39.64 | 11.05 | 0.0 | 7.28 | 8.99 | -15.75 | -9.28 | 0.07 | 0.0 | -12.5 | 25.0 | 25.0 | 25.0 | 13.86 | 13.24 | 13.24 | 0.77 | -28.04 | -28.04 | 31.61 | -19.07 | 20.6 | 46.24 | -11.71 | 17.0 | -0.23 | 34.29 | 77.45 | 31.38 | -18.94 | 24.57 | 0.00 | 0 | 0 |
| 22Q1 (10) | 2.39 | -20.86 | -39.65 | 3.5 | -27.39 | 20.69 | 7.31 | 74.05 | 471.09 | 0 | 0 | 0 | 30.46 | -3.06 | 32.78 | 4.81 | 16.18 | 27.25 | 15.9 | -4.5 | 21.19 | 13.37 | -10.54 | -17.54 | 17.26 | 18.71 | 51.67 | 11.05 | 4.44 | 7.7 | 10.67 | -2.73 | 82.71 | 0.07 | 0.0 | -12.5 | 20.0 | 0.0 | 11.11 | 12.24 | 0.0 | 10.57 | 1.07 | 0.0 | 0.94 | 39.06 | 14.04 | 24.63 | 52.37 | 10.09 | 20.5 | -0.35 | 54.55 | 70.09 | 38.71 | 15.62 | 28.31 | 0.00 | 0 | 0 |
| 21Q4 (9) | 3.02 | 13.53 | -31.98 | 4.82 | 13.95 | 66.21 | 4.2 | -10.06 | 228.12 | 0 | 0 | 0 | 31.42 | 5.19 | 49.48 | 4.14 | 5.88 | 26.99 | 16.65 | 2.46 | 31.62 | 14.94 | -7.1 | -8.13 | 14.54 | 8.59 | 43.39 | 10.58 | 1.15 | 4.13 | 10.97 | 13.09 | 100.92 | 0.07 | 0.0 | 16.67 | 20.0 | 0.0 | 11.11 | 12.24 | 0.0 | 10.57 | 1.07 | 0.0 | 0.94 | 34.25 | 13.71 | 24.27 | 47.57 | 9.53 | 19.88 | -0.77 | 10.47 | 28.04 | 33.48 | 14.42 | 26.39 | 0.00 | 0 | 0 |
| 21Q3 (8) | 2.66 | -27.12 | 17.7 | 4.23 | 80.77 | -18.02 | 4.67 | 264.84 | 264.84 | 0 | 0 | 0 | 29.87 | 9.78 | 60.68 | 3.91 | -9.7 | 34.36 | 16.25 | 4.5 | 50.32 | 16.08 | -7.16 | 14.78 | 13.39 | 0.9 | 50.62 | 10.46 | 1.55 | 1.85 | 9.7 | -2.12 | 254.01 | 0.07 | -12.5 | 40.0 | 20.0 | 0.0 | 11.11 | 12.24 | 0.0 | 10.57 | 1.07 | 0.0 | 0.94 | 30.12 | 14.92 | 23.95 | 43.43 | 9.89 | 19.25 | -0.86 | 15.69 | 39.44 | 29.26 | 16.16 | 27.88 | 0.00 | 0 | 0 |
| 21Q2 (7) | 3.65 | -7.83 | 70.56 | 2.34 | -19.31 | 30.0 | 1.28 | 0.0 | 91.04 | 0 | 0 | 0 | 27.21 | 18.61 | 47.96 | 4.33 | 14.55 | 51.93 | 15.55 | 18.52 | 55.03 | 17.32 | 6.88 | 0 | 13.27 | 16.61 | 43.61 | 10.3 | 0.39 | 2.69 | 9.91 | 69.69 | 199.4 | 0.08 | 0.0 | 33.33 | 20.0 | 11.11 | 11.11 | 12.24 | 10.57 | 10.57 | 1.07 | 0.94 | 0.94 | 26.21 | -16.37 | 22.59 | 39.52 | -9.07 | 17.93 | -1.02 | 12.82 | 37.42 | 25.19 | -16.51 | 27.54 | 0.00 | 0 | 0 |
| 21Q1 (6) | 3.96 | -10.81 | 114.05 | 2.9 | 0.0 | -43.8 | 1.28 | 0.0 | 1728.57 | 0 | 0 | 0 | 22.94 | 9.13 | 15.98 | 3.78 | 15.95 | 39.48 | 13.12 | 3.72 | 17.99 | 16.21 | -0.33 | 0 | 11.38 | 12.23 | 25.75 | 10.26 | 0.98 | 1.18 | 5.84 | 6.96 | 527.96 | 0.08 | 33.33 | 60.0 | 18.0 | 0.0 | 20.0 | 11.07 | 0.0 | 8.74 | 1.06 | 0.0 | 30.86 | 31.34 | 13.72 | 20.68 | 43.46 | 9.53 | 17.59 | -1.17 | -9.35 | 18.18 | 30.17 | 13.89 | 22.94 | 0.00 | 0 | 0 |
| 20Q4 (5) | 4.44 | 96.46 | 246.88 | 2.9 | -43.8 | -58.81 | 1.28 | 0.0 | 0 | 0 | 0 | 0 | 21.02 | 13.07 | 3.09 | 3.26 | 12.03 | 28.85 | 12.65 | 17.02 | 7.29 | 16.26 | 16.07 | 0 | 10.14 | 14.06 | 19.15 | 10.16 | -1.07 | -0.2 | 5.46 | 99.27 | 0 | 0.06 | 20.0 | 0.0 | 18.0 | 0.0 | 20.0 | 11.07 | 0.0 | 8.74 | 1.06 | 0.0 | 30.86 | 27.56 | 13.42 | 18.49 | 39.68 | 8.95 | 15.89 | -1.07 | 24.65 | -0.94 | 26.49 | 15.78 | 19.32 | 0.00 | 0 | 0 |
| 20Q3 (4) | 2.26 | 5.61 | 0.0 | 5.16 | 186.67 | 0.0 | 1.28 | 91.04 | 0.0 | 0 | 0 | 0.0 | 18.59 | 1.09 | 0.0 | 2.91 | 2.11 | 0.0 | 10.81 | 7.78 | 0.0 | 14.01 | 0 | 0.0 | 8.89 | -3.79 | 0.0 | 10.27 | 2.39 | 0.0 | 2.74 | -17.22 | 0.0 | 0.05 | -16.67 | 0.0 | 18.0 | 0.0 | 0.0 | 11.07 | 0.0 | 0.0 | 1.06 | 0.0 | 0.0 | 24.3 | 13.66 | 0.0 | 36.42 | 8.68 | 0.0 | -1.42 | 12.88 | 0.0 | 22.88 | 15.85 | 0.0 | 0.00 | 0 | 0.0 |
