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) | 4.01 | 23.77 | 0.92 | -81.41 | 0 | 0 | 0 | 0 | 38.96 | -16.93 | 3.48 | -4.92 | 12.74 | 2.66 | 32.70 | 23.58 | 6.45 | -13.31 | 1.42 | 3.65 | 0.12 | -7.69 | 1.89 | 5.59 | 4.45 | 9.88 | 4.0 | 10.19 | 0.05 | -16.67 | 5.39 | -0.19 | 9.44 | 3.96 | -0.07 | 0 | 5.32 | -0.56 | 0.00 | 0 |
| 2022 (9) | 3.24 | -6.09 | 4.95 | 0.2 | 0 | 0 | 0 | 0 | 46.9 | 27.31 | 3.66 | 4.87 | 12.41 | 3.24 | 26.46 | -18.9 | 7.44 | 3.62 | 1.37 | 3.01 | 0.13 | 0 | 1.79 | -6.77 | 4.05 | 1.25 | 3.63 | 10.33 | 0.06 | 20.0 | 5.4 | 11.57 | 9.08 | 11.0 | -0.05 | 0 | 5.35 | 11.92 | 0.00 | 0 |
| 2021 (8) | 3.45 | -16.46 | 4.94 | 37.6 | 0.45 | 0 | 0 | 0 | 36.84 | 7.34 | 3.49 | 10.09 | 12.02 | 10.38 | 32.63 | 2.83 | 7.18 | 16.18 | 1.33 | 3.1 | 0 | 0 | 1.92 | -6.8 | 4.0 | 6.38 | 3.29 | 10.03 | 0.05 | 25.0 | 4.84 | 9.75 | 8.18 | 9.8 | -0.06 | 0 | 4.78 | 9.63 | 0.00 | 0 |
| 2020 (7) | 4.13 | -13.78 | 3.59 | 259.0 | 0 | 0 | 0 | 0 | 34.32 | 5.89 | 3.17 | 28.86 | 10.89 | -0.37 | 31.73 | -5.91 | 6.18 | 8.61 | 1.29 | 101.56 | 2.6 | -34.34 | 2.06 | 338.3 | 3.76 | 4.44 | 2.99 | 8.73 | 0.04 | 100.0 | 4.41 | 14.55 | 7.45 | 12.54 | -0.05 | 0 | 4.36 | 14.44 | 0.00 | 0 |
| 2019 (6) | 4.79 | 67.48 | 1.0 | -72.22 | 0 | 0 | 0 | 0 | 32.41 | 4.72 | 2.46 | 1.23 | 10.93 | 1.39 | 33.72 | -3.18 | 5.69 | 2.89 | 0.64 | 4.92 | 3.96 | 0 | 0.47 | 9.3 | 3.6 | 2.86 | 2.75 | 9.56 | 0.02 | -60.0 | 3.85 | 1.32 | 6.62 | 4.25 | -0.04 | 0 | 3.81 | 0.79 | 0.00 | 0 |
| 2018 (5) | 2.86 | 1.42 | 3.6 | 110.53 | 0 | 0 | 0 | 0 | 30.95 | 4.6 | 2.43 | -3.19 | 10.78 | 4.05 | 34.83 | -0.52 | 5.53 | 10.6 | 0.61 | 5.17 | 0 | 0 | 0.43 | 0.0 | 3.5 | 0.0 | 2.51 | 11.06 | 0.05 | 0 | 3.8 | -4.04 | 6.35 | 2.25 | -0.02 | 0 | 3.78 | -3.32 | 0.00 | 0 |
| 2017 (4) | 2.82 | -4.41 | 1.71 | 30.53 | 0 | 0 | 0 | 0 | 29.59 | 4.45 | 2.51 | 20.67 | 10.36 | 0.97 | 35.01 | -3.33 | 5.0 | 17.92 | 0.58 | 1.75 | 0 | 0 | 0.43 | 0.0 | 3.5 | 0.0 | 2.26 | 10.24 | 0 | 0 | 3.96 | 16.13 | 6.21 | 13.74 | -0.05 | 0 | 3.91 | 14.33 | 0.00 | 0 |
| 2016 (3) | 2.95 | 59.46 | 1.31 | -22.02 | 0 | 0 | 0 | 0 | 28.33 | 3.39 | 2.08 | -4.15 | 10.26 | 3.95 | 36.22 | 0.54 | 4.24 | -0.24 | 0.57 | 0.0 | 0 | 0 | 0.43 | 0.0 | 3.5 | 0.0 | 2.05 | 12.02 | 0 | 0 | 3.41 | 3.02 | 5.46 | 6.02 | 0.01 | -66.67 | 3.42 | 2.4 | 0.00 | 0 |
| 2015 (2) | 1.85 | -18.5 | 1.68 | 15.07 | 0 | 0 | 0 | 0 | 27.4 | 1.78 | 2.17 | -1.36 | 9.87 | 1.02 | 36.02 | -0.75 | 4.25 | 14.56 | 0.57 | -54.4 | 0 | 0 | 0.43 | 0.0 | 3.5 | 0.0 | 1.83 | 13.66 | 0 | 0 | 3.31 | 3.44 | 5.15 | 6.19 | 0.03 | 200.0 | 3.34 | 4.05 | 0.00 | 0 |
| 2014 (1) | 2.27 | -16.54 | 1.46 | 44.55 | 0 | 0 | 0.3 | -72.73 | 26.92 | 1.58 | 2.2 | 0.46 | 9.77 | 3.83 | 36.29 | 2.21 | 3.71 | 10.42 | 1.25 | -3.85 | 0 | 0 | 0.43 | 0.0 | 3.5 | 0.0 | 1.61 | 15.83 | 0.03 | 200.0 | 3.2 | 5.61 | 4.85 | 9.48 | 0.01 | 0 | 3.21 | 7.0 | 0.02 | -23.38 |
| 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) | 3.71 | -13.11 | 6.3 | 4.58 | 44.03 | 151.65 | 0 | 0 | 0 | 0 | 0 | 0 | 10.09 | -8.02 | 2.54 | 0.82 | -24.77 | -6.82 | 12.98 | -3.49 | -0.46 | 32.03 | -4.09 | -4.91 | 6.85 | 10.13 | 12.85 | 1.48 | 1.37 | 4.96 | 0 | 0 | -100.0 | 1.77 | -2.21 | -7.81 | 4.45 | 0.0 | 0.0 | 4.35 | 0.0 | 8.75 | 0.07 | 0.0 | 40.0 | 4.78 | 20.71 | 4.6 | 9.2 | 9.92 | 6.73 | -0.15 | -200.0 | -275.0 | 4.63 | 18.41 | 2.21 | 0.00 | 0 | 0 |
| 24Q2 (19) | 4.27 | 15.72 | -8.96 | 3.18 | 60.61 | 287.8 | 0 | 0 | 0 | 0 | 0 | 0 | 10.97 | 13.68 | 14.75 | 1.09 | 13.54 | 18.48 | 13.45 | 3.62 | 9.0 | 33.39 | -0.01 | 4.91 | 6.22 | -11.65 | 6.14 | 1.46 | -0.68 | 5.8 | 0 | 0 | -100.0 | 1.81 | -2.16 | -7.65 | 4.45 | 0.0 | 0.0 | 4.35 | 8.75 | 8.75 | 0.07 | 40.0 | 40.0 | 3.96 | -37.64 | 7.32 | 8.37 | -19.52 | 8.14 | -0.05 | 16.67 | 0.0 | 3.91 | -37.84 | 7.42 | 0.00 | 0 | 0 |
| 24Q1 (18) | 3.69 | -7.98 | -51.38 | 1.98 | 115.22 | -62.21 | 0 | 0 | 0 | 0 | 0 | 0 | 9.65 | -1.73 | -0.82 | 0.96 | 15.66 | 12.94 | 12.98 | 1.88 | 3.76 | 33.39 | 2.09 | 24.98 | 7.04 | 9.15 | 10.52 | 1.47 | 3.52 | 4.26 | 0 | -100.0 | -100.0 | 1.85 | -2.12 | -7.04 | 4.45 | 0.0 | -47.95 | 4.0 | 0.0 | 10.19 | 0.05 | 0.0 | -16.67 | 6.35 | 17.81 | 1.6 | 10.4 | 10.17 | 4.63 | -0.06 | 14.29 | -20.0 | 6.29 | 18.23 | 1.45 | 0.00 | 0 | 0 |
| 23Q4 (17) | 4.01 | 14.9 | 23.77 | 0.92 | -49.45 | -81.41 | 0 | 0 | 0 | 0 | 0 | 0 | 9.82 | -0.2 | 2.4 | 0.83 | -5.68 | -3.49 | 12.74 | -2.3 | 2.66 | 32.71 | -2.88 | 23.64 | 6.45 | 6.26 | -13.31 | 1.42 | 0.71 | 3.65 | 0.12 | -7.69 | -7.69 | 1.89 | -1.56 | 5.59 | 4.45 | 0.0 | 9.88 | 4.0 | 0.0 | 10.19 | 0.05 | 0.0 | -16.67 | 5.39 | 17.94 | -0.19 | 9.44 | 9.51 | 3.96 | -0.07 | -75.0 | -40.0 | 5.32 | 17.44 | -0.56 | 0.00 | 0 | 0 |
| 23Q3 (16) | 3.49 | -25.59 | 63.85 | 1.82 | 121.95 | -69.05 | 0 | 0 | 0 | 0 | 0 | 0 | 9.84 | 2.93 | -0.51 | 0.88 | -4.35 | 31.34 | 13.04 | 5.67 | 2.6 | 33.68 | 5.81 | 22.79 | 6.07 | 3.58 | -23.07 | 1.41 | 2.17 | 4.44 | 0.13 | 0.0 | 0 | 1.92 | -2.04 | 5.49 | 4.45 | 0.0 | 9.88 | 4.0 | 0.0 | 10.19 | 0.05 | 0.0 | -16.67 | 4.57 | 23.85 | 2.24 | 8.62 | 11.37 | 5.77 | -0.04 | 20.0 | -33.33 | 4.53 | 24.45 | 2.03 | 0.00 | 0 | 0 |
| 23Q2 (15) | 4.69 | -38.21 | 14.67 | 0.82 | -84.35 | -82.92 | 0 | 0 | 0 | 0 | 0 | 0 | 9.56 | -1.75 | -45.71 | 0.92 | 8.24 | -24.59 | 12.34 | -1.36 | -6.52 | 31.83 | 19.12 | 9.62 | 5.86 | -8.01 | -16.29 | 1.38 | -2.13 | 3.76 | 0.13 | 0.0 | 0 | 1.96 | -1.51 | 5.38 | 4.45 | -47.95 | 9.88 | 4.0 | 10.19 | 10.19 | 0.05 | -16.67 | -16.67 | 3.69 | -40.96 | -2.89 | 7.74 | -22.13 | 3.48 | -0.05 | 0.0 | 0.0 | 3.64 | -41.29 | -2.93 | 0.00 | 0 | 0 |
| 23Q1 (14) | 7.59 | 134.26 | 133.54 | 5.24 | 5.86 | -1.5 | 0 | 0 | -100.0 | 0 | 0 | 0 | 9.73 | 1.46 | -0.92 | 0.85 | -1.16 | -7.61 | 12.51 | 0.81 | 3.39 | 26.72 | 1.0 | -16.44 | 6.37 | -14.38 | 8.33 | 1.41 | 2.92 | 3.68 | 0.13 | 0.0 | 0 | 1.99 | 11.17 | 5.29 | 8.55 | 111.11 | 111.63 | 3.63 | 0.0 | 10.33 | 0.06 | 0.0 | 20.0 | 6.25 | 15.74 | 8.51 | 9.94 | 9.47 | 9.23 | -0.05 | 0.0 | -25.0 | 6.2 | 15.89 | 8.39 | 0.00 | 0 | 0 |
| 22Q4 (13) | 3.24 | 52.11 | -6.09 | 4.95 | -15.82 | 0.2 | 0 | 0 | -100.0 | 0 | 0 | 0 | 9.59 | -3.03 | 6.32 | 0.86 | 28.36 | -5.49 | 12.41 | -2.36 | 3.24 | 26.45 | -3.55 | -18.92 | 7.44 | -5.7 | 3.62 | 1.37 | 1.48 | 3.01 | 0.13 | 0 | 0 | 1.79 | -1.65 | -6.77 | 4.05 | 0.0 | 1.25 | 3.63 | 0.0 | 10.33 | 0.06 | 0.0 | 20.0 | 5.4 | 20.81 | 11.57 | 9.08 | 11.41 | 11.0 | -0.05 | -66.67 | 16.67 | 5.35 | 20.5 | 11.92 | 0.00 | 0 | 0 |
| 22Q3 (12) | 2.13 | -47.92 | -8.19 | 5.88 | 22.5 | -4.55 | 0 | 0 | -100.0 | 0 | 0 | 0 | 9.89 | -43.84 | 9.77 | 0.67 | -45.08 | -20.24 | 12.71 | -3.71 | -3.49 | 27.43 | -5.54 | -24.15 | 7.89 | 12.71 | 16.03 | 1.35 | 1.5 | 0.0 | 0 | 0 | 0 | 1.82 | -2.15 | -7.14 | 4.05 | 0.0 | 1.76 | 3.63 | 0.0 | 10.33 | 0.06 | 0.0 | 20.0 | 4.47 | 17.63 | 10.37 | 8.15 | 8.96 | 10.14 | -0.03 | 40.0 | 50.0 | 4.44 | 18.4 | 11.28 | 0.00 | 0 | 0 |
| 22Q2 (11) | 4.09 | 25.85 | 18.9 | 4.8 | -9.77 | 31.15 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 17.61 | 79.33 | 76.28 | 1.22 | 32.61 | 32.61 | 13.2 | 9.09 | 2.09 | 29.04 | -9.19 | -18.8 | 7.0 | 19.05 | 6.87 | 1.33 | -2.21 | -3.62 | 0 | 0 | 0 | 1.86 | -1.59 | -6.53 | 4.05 | 0.25 | 4.38 | 3.63 | 10.33 | 21.4 | 0.06 | 20.0 | 50.0 | 3.8 | -34.03 | -38.21 | 7.48 | -17.8 | -18.61 | -0.05 | -25.0 | 28.57 | 3.75 | -34.44 | -38.32 | 0.00 | 0 | 0 |
| 22Q1 (10) | 3.25 | -5.8 | -3.85 | 5.32 | 7.69 | 48.19 | 0.08 | -82.22 | 0 | 0 | 0 | 0 | 9.82 | 8.87 | 11.34 | 0.92 | 1.1 | 12.2 | 12.1 | 0.67 | 6.14 | 31.98 | -1.99 | -2.11 | 5.88 | -18.11 | -11.18 | 1.36 | 2.26 | 0.74 | 0 | 0 | -100.0 | 1.89 | -1.56 | -6.9 | 4.04 | 1.0 | 5.48 | 3.29 | 0.0 | 10.03 | 0.05 | 0.0 | 25.0 | 5.76 | 19.01 | 10.13 | 9.1 | 11.25 | 10.04 | -0.04 | 33.33 | 33.33 | 5.72 | 19.67 | 10.64 | 0.00 | 0 | 0 |
| 21Q4 (9) | 3.45 | 48.71 | -16.46 | 4.94 | -19.81 | 37.6 | 0.45 | -27.42 | 0 | 0 | 0 | 0 | 9.02 | 0.11 | 4.88 | 0.91 | 8.33 | 13.75 | 12.02 | -8.73 | 10.38 | 32.63 | -9.77 | 2.86 | 7.18 | 5.59 | 16.18 | 1.33 | -1.48 | 3.1 | 0 | 0 | -100.0 | 1.92 | -2.04 | -6.8 | 4.0 | 0.5 | 6.38 | 3.29 | 0.0 | 10.03 | 0.05 | 0.0 | 25.0 | 4.84 | 19.51 | 9.75 | 8.18 | 10.54 | 9.8 | -0.06 | 0.0 | -20.0 | 4.78 | 19.8 | 9.63 | 0.00 | 0 | 0 |
| 21Q3 (8) | 2.32 | -32.56 | -40.51 | 6.16 | 68.31 | 105.33 | 0.62 | -60.51 | 0 | 0 | 0 | 0 | 9.01 | -9.81 | 2.97 | 0.84 | -8.7 | -7.69 | 13.17 | 1.86 | 18.44 | 36.16 | 1.13 | 9.98 | 6.8 | 3.82 | 8.11 | 1.35 | -2.17 | 101.49 | 0 | 0 | -100.0 | 1.96 | -1.51 | -6.67 | 3.98 | 2.58 | 7.86 | 3.29 | 10.03 | 10.03 | 0.05 | 25.0 | 25.0 | 4.05 | -34.15 | 6.58 | 7.4 | -19.48 | 8.19 | -0.06 | 14.29 | -20.0 | 3.99 | -34.38 | 6.4 | 0.00 | 0 | 0 |
| 21Q2 (7) | 3.44 | 1.78 | -33.46 | 3.66 | 1.95 | 0 | 1.57 | 0 | 0 | 0 | 0 | 0 | 9.99 | 13.27 | 14.43 | 0.92 | 12.2 | 13.58 | 12.93 | 13.42 | 17.87 | 35.76 | 9.47 | 0 | 6.55 | -1.06 | 23.12 | 1.38 | 2.22 | 109.09 | 0 | -100.0 | -100.0 | 1.99 | -1.97 | 342.22 | 3.88 | 1.31 | 7.78 | 2.99 | 0.0 | 0 | 0.04 | 0.0 | 0 | 6.15 | 17.59 | 0 | 9.19 | 11.12 | 55.24 | -0.07 | -16.67 | -75.0 | 6.08 | 17.6 | 15300.0 | 0.00 | 0 | 0 |
| 21Q1 (6) | 3.38 | -18.16 | -28.24 | 3.59 | 0.0 | 498.33 | 0 | 0 | 0 | 0 | 0 | 0 | 8.82 | 2.56 | 6.91 | 0.82 | 2.5 | 26.15 | 11.4 | 4.68 | 3.17 | 32.66 | 2.97 | 0 | 6.62 | 7.12 | 21.25 | 1.35 | 4.65 | 107.69 | 2.0 | -23.08 | -49.87 | 2.03 | -1.46 | 341.3 | 3.83 | 1.86 | 6.39 | 2.99 | 0.0 | 0 | 0.04 | 0.0 | 0 | 5.23 | 18.59 | 0 | 8.27 | 11.01 | 13.6 | -0.06 | -20.0 | 0 | 5.17 | 18.58 | 0 | 0.00 | 0 | 0 |
| 20Q4 (5) | 4.13 | 5.9 | -13.78 | 3.59 | 19.67 | 259.0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.6 | -1.71 | 6.3 | 0.8 | -12.09 | 11.11 | 10.89 | -2.07 | -0.37 | 31.72 | -3.52 | 0 | 6.18 | -1.75 | 8.61 | 1.29 | 92.54 | 101.56 | 2.6 | -19.75 | -34.34 | 2.06 | -1.9 | 338.3 | 3.76 | 1.9 | 4.44 | 2.99 | 0.0 | 8.73 | 0.04 | 0.0 | 100.0 | 4.41 | 16.05 | 14.55 | 7.45 | 8.92 | 12.54 | -0.05 | 0.0 | -25.0 | 4.36 | 16.27 | 14.44 | 0.00 | 0 | 0 |
| 20Q3 (4) | 3.9 | -24.56 | 0.0 | 3.0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 8.75 | 0.23 | 0.0 | 0.91 | 12.35 | 0.0 | 11.12 | 1.37 | 0.0 | 32.88 | 0 | 0.0 | 6.29 | 18.23 | 0.0 | 0.67 | 1.52 | 0.0 | 3.24 | -19.2 | 0.0 | 2.1 | 366.67 | 0.0 | 3.69 | 2.5 | 0.0 | 2.99 | 0 | 0.0 | 0.04 | 0 | 0.0 | 3.8 | 0 | 0.0 | 6.84 | 15.54 | 0.0 | -0.05 | -25.0 | 0.0 | 3.75 | 9475.0 | 0.0 | 0.00 | 0 | 0.0 |
