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) | 3.87 | -24.85 | 1.14 | -29.19 | 0 | 0 | 0 | 0 | 12.07 | -16.64 | 0.26 | 36.84 | 3.58 | 21.77 | 29.66 | 46.08 | 2.71 | -21.9 | 0 | 0 | 2.5 | 51.52 | 0.03 | 50.0 | 6.01 | -14.51 | 2.18 | 1.4 | 0.58 | -38.95 | 0.58 | 48.72 | 3.34 | -4.57 | -0.68 | 0 | -0.1 | 0 | 0.11 | 14.74 |
| 2022 (9) | 5.15 | -2.46 | 1.61 | 41.23 | 0 | 0 | 0 | 0 | 14.48 | -1.9 | 0.19 | -86.71 | 2.94 | -16.48 | 20.30 | -14.86 | 3.47 | 10.51 | 0 | 0 | 1.65 | 0.0 | 0.02 | 0.0 | 7.03 | 0.0 | 2.15 | 6.97 | 0.95 | 10.47 | 0.39 | -72.92 | 3.5 | -18.98 | -0.58 | 0 | -0.19 | 0 | 0.10 | -5.64 |
| 2021 (8) | 5.28 | 111.2 | 1.14 | -44.66 | 0 | 0 | 0 | 0 | 14.76 | 6.88 | 1.43 | 217.78 | 3.52 | -12.87 | 23.85 | -18.48 | 3.14 | 31.38 | 0 | 0 | 1.65 | -10.81 | 0.02 | -66.67 | 7.03 | 0.0 | 2.01 | 2.03 | 0.86 | 3.61 | 1.44 | 193.88 | 4.32 | 31.31 | -0.97 | 0 | 0.47 | 0 | 0.10 | -2.72 |
| 2020 (7) | 2.5 | -18.3 | 2.06 | -19.84 | 0 | 0 | 0 | 0 | 13.81 | -14.44 | 0.45 | -25.0 | 4.04 | -0.98 | 29.25 | 15.73 | 2.39 | -16.43 | 0 | 0 | 1.85 | 117.65 | 0.06 | 500.0 | 7.03 | 0.43 | 1.97 | 3.14 | 0.83 | 72.92 | 0.49 | -43.02 | 3.29 | 1.54 | -0.92 | 0 | -0.43 | 0 | 0.10 | 1.27 |
| 2019 (6) | 3.06 | 15.04 | 2.57 | 4.9 | 0.13 | -61.76 | 0 | 0 | 16.14 | -15.89 | 0.6 | 0 | 4.08 | -7.06 | 25.28 | 10.5 | 2.86 | -15.38 | 0 | 0 | 0.85 | -43.71 | 0.01 | 0.0 | 7.0 | 0.57 | 1.91 | 0.0 | 0.48 | 0.0 | 0.86 | 230.77 | 3.24 | 22.26 | -0.88 | 0 | -0.02 | 0 | 0.10 | 6.74 |
| 2018 (5) | 2.66 | -19.15 | 2.45 | 124.77 | 0.34 | 142.86 | 0 | 0 | 19.19 | -9.48 | -0.34 | 0 | 4.39 | -16.38 | 22.88 | -7.62 | 3.38 | -9.38 | 0.01 | 0.0 | 1.51 | 6.34 | 0.01 | 0 | 6.96 | 0.0 | 1.91 | 4.95 | 0.48 | 14.29 | 0.26 | -85.39 | 2.65 | -34.08 | -0.59 | 0 | -0.33 | 0 | 0.10 | 4.53 |
| 2017 (4) | 3.29 | -12.27 | 1.09 | 118.0 | 0.14 | -82.5 | 0 | 0 | 21.2 | 10.94 | 0.94 | -12.96 | 5.25 | 7.8 | 24.76 | -2.82 | 3.73 | 19.17 | 0.01 | 0.0 | 1.42 | 23.48 | 0 | 0 | 6.96 | 0.0 | 1.82 | 6.43 | 0.42 | 500.0 | 1.78 | -27.64 | 4.02 | -4.96 | -0.48 | 0 | 1.3 | -36.27 | 0.09 | -5.1 |
| 2016 (3) | 3.75 | 20.97 | 0.5 | -62.41 | 0.8 | 86.05 | 0 | 0 | 19.11 | -16.55 | 1.08 | -16.28 | 4.87 | -15.74 | 25.48 | 0.97 | 3.13 | 7.93 | 0.01 | -50.0 | 1.15 | -48.89 | 0.01 | 0.0 | 6.96 | 13.36 | 1.71 | 8.23 | 0.07 | 0.0 | 2.46 | -8.55 | 4.23 | -2.31 | -0.42 | 0 | 2.04 | -29.41 | 0.10 | -16.82 |
| 2015 (2) | 3.1 | 6.16 | 1.33 | 5.56 | 0.43 | 207.14 | 0 | 0 | 22.9 | -7.29 | 1.29 | 51.76 | 5.78 | -8.54 | 25.24 | -1.36 | 2.9 | -20.33 | 0.02 | 0 | 2.25 | -5.46 | 0.01 | -50.0 | 6.14 | 0.0 | 1.58 | 6.04 | 0.07 | 75.0 | 2.69 | 14.96 | 4.33 | 11.6 | 0.2 | -39.39 | 2.89 | 8.24 | 0.12 | -6.0 |
| 2014 (1) | 2.92 | -31.93 | 1.26 | -22.22 | 0.14 | -17.65 | 0 | 0 | 24.7 | 2.53 | 0.85 | -7.61 | 6.32 | 5.51 | 25.59 | 2.9 | 3.64 | 7.06 | 0 | 0 | 2.38 | -5.93 | 0.02 | 0.0 | 6.14 | 8.48 | 1.49 | 6.43 | 0.04 | 0 | 2.34 | -11.36 | 3.88 | -3.96 | 0.33 | 1000.0 | 2.67 | 0.0 | 0.12 | 0.55 |
| 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) | 4.03 | -6.71 | -7.99 | 0.91 | -5.21 | -24.17 | 0 | 0 | 0 | 0 | 0 | 0 | 3.21 | 8.81 | 2.56 | 0.14 | 27.27 | 133.33 | 3.42 | 6.88 | 11.76 | 27.83 | 6.18 | 9.13 | 2.94 | -1.01 | 0.0 | 0 | 0 | 0 | 2.9 | 13.73 | 45.0 | 0.03 | 50.0 | 0.0 | 6.01 | 0.0 | 0.0 | 2.2 | 0.0 | 0.92 | 0.68 | 0.0 | 17.24 | 0.54 | 35.0 | 35.0 | 3.43 | 4.26 | 8.54 | -0.49 | 5.77 | -6.52 | 0.05 | 141.67 | 183.33 | 0.11 | -1.67 | 0.1 |
| 24Q2 (19) | 4.32 | -8.67 | -3.57 | 0.96 | -43.2 | -45.76 | 0 | 0 | 0 | 0 | 0 | 0 | 2.95 | 4.98 | 21.4 | 0.11 | -21.43 | 375.0 | 3.2 | 4.23 | 7.38 | 26.21 | -0.2 | 7.21 | 2.97 | 11.24 | -1.98 | 0 | 0 | 0 | 2.55 | 15.91 | 27.5 | 0.02 | 0.0 | 0.0 | 6.01 | 0.0 | -14.51 | 2.2 | 0.92 | 0.92 | 0.68 | 17.24 | 17.24 | 0.4 | -44.44 | 17.65 | 3.29 | -5.46 | 6.47 | -0.52 | 3.7 | 8.77 | -0.12 | -166.67 | 47.83 | 0.11 | 0.97 | 11.39 |
| 24Q1 (18) | 4.73 | 22.22 | -4.83 | 1.69 | 48.25 | 1.81 | 0 | 0 | 0 | 0 | 0 | 0 | 2.81 | -15.36 | -11.91 | 0.14 | -22.22 | 133.33 | 3.07 | -14.25 | 0.0 | 26.26 | -11.46 | 15.4 | 2.67 | -1.48 | -11.0 | 0 | 0 | 0 | 2.2 | -12.0 | 10.0 | 0.02 | -33.33 | 0.0 | 6.01 | 0.0 | -14.51 | 2.18 | 0.0 | 1.4 | 0.58 | 0.0 | -38.95 | 0.72 | 24.14 | 63.64 | 3.48 | 4.19 | -1.97 | -0.54 | 20.59 | 3.57 | 0.18 | 280.0 | 250.0 | 0.11 | -2.05 | 12.25 |
| 23Q4 (17) | 3.87 | -11.64 | -24.85 | 1.14 | -5.0 | -29.19 | 0 | 0 | 0 | 0 | 0 | 0 | 3.32 | 6.07 | 2.15 | 0.18 | 200.0 | 1700.0 | 3.58 | 16.99 | 21.77 | 29.66 | 16.31 | 45.98 | 2.71 | -7.82 | -21.9 | 0 | 0 | 0 | 2.5 | 25.0 | 51.52 | 0.03 | 0.0 | 50.0 | 6.01 | 0.0 | -14.51 | 2.18 | 0.0 | 1.4 | 0.58 | 0.0 | -38.95 | 0.58 | 45.0 | 48.72 | 3.34 | 5.7 | -4.57 | -0.68 | -47.83 | -17.24 | -0.1 | -66.67 | 47.37 | 0.11 | 2.93 | 14.74 |
| 23Q3 (16) | 4.38 | -2.23 | -3.52 | 1.2 | -32.2 | -29.41 | 0 | 0 | 0 | 0 | 0 | 0 | 3.13 | 28.81 | -5.72 | 0.06 | 250.0 | 0 | 3.06 | 2.68 | -11.82 | 25.50 | 4.31 | 9.35 | 2.94 | -2.97 | -23.44 | 0 | 0 | 0 | 2.0 | 0.0 | 21.21 | 0.03 | 50.0 | 50.0 | 6.01 | -14.51 | -14.51 | 2.18 | 0.0 | 1.4 | 0.58 | 0.0 | -38.95 | 0.4 | 17.65 | 21.21 | 3.16 | 2.27 | -8.14 | -0.46 | 19.3 | -9.52 | -0.06 | 73.91 | 33.33 | 0.11 | 9.42 | 15.51 |
| 23Q2 (15) | 4.48 | -9.86 | -8.38 | 1.77 | 6.63 | 55.26 | 0 | 0 | 0 | 0 | 0 | 0 | 2.43 | -23.82 | -34.85 | -0.04 | -166.67 | -300.0 | 2.98 | -2.93 | -20.74 | 24.45 | 7.42 | -1.5 | 3.03 | 1.0 | -20.68 | 0 | 0 | 0 | 2.0 | 0.0 | 21.21 | 0.02 | 0.0 | 0.0 | 7.03 | 0.0 | 0.0 | 2.18 | 1.4 | 1.4 | 0.58 | -38.95 | -38.95 | 0.34 | -22.73 | 3.03 | 3.09 | -12.96 | -10.17 | -0.57 | -1.79 | 14.93 | -0.23 | -91.67 | 32.35 | 0.10 | 1.75 | 3.22 |
| 23Q1 (14) | 4.97 | -3.5 | -2.93 | 1.66 | 3.11 | 46.9 | 0 | 0 | 0 | 0 | 0 | 0 | 3.19 | -1.85 | -23.5 | 0.06 | 500.0 | -66.67 | 3.07 | 4.42 | -28.94 | 22.76 | 12.01 | -19.98 | 3.0 | -13.54 | -16.9 | 0 | 0 | 0 | 2.0 | 21.21 | 21.21 | 0.02 | 0.0 | 0.0 | 7.03 | 0.0 | 0.0 | 2.15 | 0.0 | 6.97 | 0.95 | 0.0 | 10.47 | 0.44 | 12.82 | -73.01 | 3.55 | 1.43 | -21.11 | -0.56 | 3.45 | 27.27 | -0.12 | 36.84 | -113.95 | 0.10 | 0.13 | -2.37 |
| 22Q4 (13) | 5.15 | 13.44 | -2.46 | 1.61 | -5.29 | 41.23 | 0 | 0 | 0 | 0 | 0 | 0 | 3.25 | -2.11 | -11.2 | 0.01 | 0 | 110.0 | 2.94 | -15.27 | -16.48 | 20.32 | -12.87 | -14.8 | 3.47 | -9.64 | 10.51 | 0 | 0 | 0 | 1.65 | 0.0 | 0.0 | 0.02 | 0.0 | 0.0 | 7.03 | 0.0 | 0.0 | 2.15 | 0.0 | 6.97 | 0.95 | 0.0 | 10.47 | 0.39 | 18.18 | -72.92 | 3.5 | 1.74 | -18.98 | -0.58 | -38.1 | 40.21 | -0.19 | -111.11 | -140.43 | 0.10 | 3.62 | -5.64 |
| 22Q3 (12) | 4.54 | -7.16 | -25.7 | 1.7 | 49.12 | -1.16 | 0 | 0 | 0 | 0 | 0 | 0 | 3.32 | -10.99 | -7.52 | 0 | 100.0 | -100.0 | 3.47 | -7.71 | -1.7 | 23.32 | -6.04 | 0.02 | 3.84 | 0.52 | 20.38 | 0 | 0 | 0 | 1.65 | 0.0 | 0.0 | 0.02 | 0.0 | -66.67 | 7.03 | 0.0 | 0.0 | 2.15 | 0.0 | 6.97 | 0.95 | 0.0 | 10.47 | 0.33 | 0.0 | -78.71 | 3.44 | 0.0 | -22.35 | -0.42 | 37.31 | 58.42 | -0.09 | 73.53 | -116.67 | 0.09 | -2.23 | -7.7 |
| 22Q2 (11) | 4.89 | -4.49 | -20.49 | 1.14 | 0.88 | -36.31 | 0 | 0 | 0 | 0 | 0 | 0 | 3.73 | -10.55 | -1.06 | -0.01 | -105.56 | -100.81 | 3.76 | -12.96 | -1.05 | 24.82 | -12.73 | -2.82 | 3.82 | 5.82 | 36.43 | 0 | 0 | 0 | 1.65 | 0.0 | 0.0 | 0.02 | 0.0 | -66.67 | 7.03 | 0.0 | 0.0 | 2.15 | 6.97 | 9.14 | 0.95 | 10.47 | 14.46 | 0.33 | -79.75 | -82.99 | 3.44 | -23.56 | -27.27 | -0.67 | 12.99 | 35.58 | -0.34 | -139.53 | -137.78 | 0.09 | -3.76 | 3.11 |
| 22Q1 (10) | 5.12 | -3.03 | 88.93 | 1.13 | -0.88 | -20.98 | 0 | 0 | 0 | 0 | 0 | 0 | 4.17 | 13.93 | 11.5 | 0.18 | 280.0 | -14.29 | 4.32 | 22.73 | 18.03 | 28.44 | 19.25 | 7.0 | 3.61 | 14.97 | 34.2 | 0 | 0 | 0 | 1.65 | 0.0 | -10.81 | 0.02 | 0.0 | -66.67 | 7.03 | 0.0 | 0.0 | 2.01 | 0.0 | 2.03 | 0.86 | 0.0 | 3.61 | 1.63 | 13.19 | 132.86 | 4.5 | 4.17 | 28.57 | -0.77 | 20.62 | 17.2 | 0.86 | 82.98 | 473.91 | 0.10 | -3.23 | -7.04 |
| 21Q4 (9) | 5.28 | -13.58 | 111.2 | 1.14 | -33.72 | -44.66 | 0 | 0 | 0 | 0 | 0 | 0 | 3.66 | 1.95 | -9.41 | -0.1 | -225.0 | -147.62 | 3.52 | -0.28 | -12.87 | 23.85 | 2.28 | -18.48 | 3.14 | -1.57 | 31.38 | 0 | 0 | 0 | 1.65 | 0.0 | -10.81 | 0.02 | -66.67 | -66.67 | 7.03 | 0.0 | 0.0 | 2.01 | 0.0 | 2.03 | 0.86 | 0.0 | 3.61 | 1.44 | -7.1 | 193.88 | 4.32 | -2.48 | 31.31 | -0.97 | 3.96 | -5.43 | 0.47 | -12.96 | 209.3 | 0.10 | 1.37 | -2.72 |
| 21Q3 (8) | 6.11 | -0.65 | 134.1 | 1.72 | -3.91 | -26.18 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.59 | -4.77 | 7.81 | 0.08 | -93.55 | -52.94 | 3.53 | -7.11 | 6.97 | 23.32 | -8.7 | -1.93 | 3.19 | 13.93 | 26.09 | 0 | 0 | 0 | 1.65 | 0.0 | -10.81 | 0.06 | 0.0 | 0.0 | 7.03 | 0.0 | 0.0 | 2.01 | 2.03 | 2.03 | 0.86 | 3.61 | 3.61 | 1.55 | -20.1 | 453.57 | 4.43 | -6.34 | 44.3 | -1.01 | 2.88 | -2.02 | 0.54 | -40.0 | 176.06 | 0.10 | 9.22 | -4.24 |
| 21Q2 (7) | 6.15 | 126.94 | 107.07 | 1.79 | 25.17 | -23.83 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.77 | 0.8 | 41.73 | 1.24 | 490.48 | 6300.0 | 3.8 | 3.83 | 26.25 | 25.54 | -3.92 | 0 | 2.8 | 4.09 | 6.87 | 0 | 0 | 0 | 1.65 | -10.81 | 57.14 | 0.06 | 0.0 | 0.0 | 7.03 | 0.0 | -0.14 | 1.97 | 0.0 | 0.0 | 0.83 | 0.0 | 0.0 | 1.94 | 177.14 | 1663.64 | 4.73 | 35.14 | 62.54 | -1.04 | -11.83 | 0.0 | 0.9 | 491.3 | 196.77 | 0.09 | -13.23 | -10.55 |
| 21Q1 (6) | 2.71 | 8.4 | 2.65 | 1.43 | -30.58 | -40.91 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.74 | -7.43 | -1.06 | 0.21 | 0.0 | 110.0 | 3.66 | -9.41 | -10.29 | 26.58 | -9.14 | 0 | 2.69 | 12.55 | -0.74 | 0 | 0 | 0 | 1.85 | 0.0 | 117.65 | 0.06 | 0.0 | 0 | 7.03 | 0.0 | 0.43 | 1.97 | 0.0 | 3.14 | 0.83 | 0.0 | 72.92 | 0.7 | 42.86 | -24.73 | 3.5 | 6.38 | 5.74 | -0.93 | -1.09 | -1.09 | -0.23 | 46.51 | -2400.0 | 0.11 | 1.27 | -0.27 |
| 20Q4 (5) | 2.5 | -4.21 | -18.3 | 2.06 | -11.59 | -19.84 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 4.04 | 21.32 | -1.7 | 0.21 | 23.53 | 40.0 | 4.04 | 22.42 | -0.98 | 29.25 | 23.04 | 0 | 2.39 | -5.53 | -16.43 | 0 | 0 | 0 | 1.85 | 0.0 | 117.65 | 0.06 | 0.0 | 500.0 | 7.03 | 0.0 | 0.43 | 1.97 | 0.0 | 3.14 | 0.83 | 0.0 | 72.92 | 0.49 | 75.0 | -43.02 | 3.29 | 7.17 | 1.54 | -0.92 | 7.07 | -4.55 | -0.43 | 39.44 | -2050.0 | 0.10 | -0.22 | 1.27 |
| 20Q3 (4) | 2.61 | -12.12 | 0.0 | 2.33 | -0.85 | 0.0 | 0.01 | -80.0 | 0.0 | 0 | 0 | 0.0 | 3.33 | 25.19 | 0.0 | 0.17 | 950.0 | 0.0 | 3.3 | 9.63 | 0.0 | 23.78 | 0 | 0.0 | 2.53 | -3.44 | 0.0 | 0 | 0 | 0.0 | 1.85 | 76.19 | 0.0 | 0.06 | 0.0 | 0.0 | 7.03 | -0.14 | 0.0 | 1.97 | 0.0 | 0.0 | 0.83 | 0.0 | 0.0 | 0.28 | 154.55 | 0.0 | 3.07 | 5.5 | 0.0 | -0.99 | 4.81 | 0.0 | -0.71 | 23.66 | 0.0 | 0.10 | 2.03 | 0.0 |
