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) | 8.72 | 8.32 | 33.06 | 25.23 | 0 | 0 | 0 | 0 | 209.55 | -11.4 | -5.73 | 0 | 31.88 | -15.03 | 15.21 | -4.1 | 55.08 | 10.43 | 16.27 | 6.69 | 12.7 | -85.39 | 0 | 0 | 110.28 | 0.0 | 3.17 | 18.28 | 11.87 | 0.0 | 14.83 | -39.62 | 29.87 | -23.63 | 12.48 | 31.92 | 27.31 | -19.72 | 0.13 | 3.85 |
| 2022 (9) | 8.05 | 50.19 | 26.4 | -33.88 | 0 | 0 | 0.06 | -94.44 | 236.51 | 7.35 | 4.46 | -8.61 | 37.52 | -3.84 | 15.86 | -10.43 | 49.88 | 16.49 | 15.25 | 41.86 | 86.91 | 995.96 | 0 | 0 | 110.28 | 0.0 | 2.68 | 18.58 | 11.87 | 0.0 | 24.56 | 0.12 | 39.11 | 1.16 | 9.46 | 38.51 | 34.02 | 8.48 | 0.13 | 4.03 |
| 2021 (8) | 5.36 | 38.5 | 39.93 | 143.03 | 0 | 0 | 1.08 | -3.57 | 220.32 | 18.34 | 4.88 | 0 | 39.02 | 18.78 | 17.71 | 0.37 | 42.82 | 13.43 | 10.75 | 4.98 | 7.93 | -42.99 | 0 | 0 | 110.28 | 0.0 | 2.26 | 0.0 | 11.87 | 0.0 | 24.53 | 20.6 | 38.66 | 12.16 | 6.83 | 63.79 | 31.36 | 27.95 | 0.12 | -5.29 |
| 2020 (7) | 3.87 | -19.21 | 16.43 | -68.71 | 0 | 0 | 1.12 | -73.58 | 186.17 | -10.01 | -2.02 | 0 | 32.85 | 5.8 | 17.65 | 17.57 | 37.75 | -2.86 | 10.24 | -2.01 | 13.91 | 839.86 | 0 | 0 | 110.28 | 0.0 | 2.26 | 0.0 | 11.87 | 0.0 | 20.34 | -9.03 | 34.47 | -5.54 | 4.17 | 1.71 | 24.51 | -7.37 | 0.13 | -1.05 |
| 2019 (6) | 4.79 | -15.22 | 52.51 | 41.84 | 0 | 0 | 4.24 | -44.86 | 206.89 | -13.89 | -2.45 | 0 | 31.05 | -10.23 | 15.01 | 4.24 | 38.86 | -7.39 | 10.45 | -6.78 | 1.48 | -91.27 | 0 | 0 | 110.28 | 0.0 | 2.26 | 24.18 | 11.87 | 0.0 | 22.36 | -23.03 | 36.49 | -14.62 | 4.1 | 42.36 | 26.46 | -17.13 | 0.13 | -2.61 |
| 2018 (5) | 5.65 | -54.51 | 37.02 | 11.37 | 0 | 0 | 7.69 | 709.47 | 240.25 | 5.19 | 4.46 | -27.95 | 34.59 | -2.12 | 14.40 | -6.95 | 41.96 | 36.37 | 11.21 | 0.63 | 16.96 | 85.56 | 0 | 0 | 110.28 | 0.0 | 1.82 | 51.67 | 11.87 | 0.0 | 29.05 | -6.05 | 42.74 | -2.84 | 2.88 | 28.0 | 31.93 | -3.74 | 0.13 | 1.57 |
| 2017 (4) | 12.42 | 150.4 | 33.24 | 80.85 | 0 | 0 | 0.95 | -72.46 | 228.39 | 3.8 | 6.19 | 58.31 | 35.34 | -1.7 | 15.47 | -5.3 | 30.77 | 2.91 | 11.14 | -8.16 | 9.14 | -50.38 | 0 | 0 | 110.28 | 0.0 | 1.2 | 48.15 | 11.87 | 0.0 | 30.92 | 5.93 | 43.99 | 5.06 | 2.25 | -51.61 | 33.17 | -1.98 | 0.13 | 1.95 |
| 2016 (3) | 4.96 | 43.77 | 18.38 | -23.32 | 1.08 | 0 | 3.45 | -46.09 | 220.02 | 4.82 | 3.91 | -49.87 | 35.95 | 4.99 | 16.34 | 0.17 | 29.9 | -20.88 | 12.13 | -1.86 | 18.42 | 48.55 | 0 | 0 | 110.28 | 0.0 | 0.81 | 2600.0 | 11.87 | 0.0 | 29.19 | -12.0 | 41.87 | -7.1 | 4.65 | -50.9 | 33.84 | -20.64 | 0.13 | -4.34 |
| 2015 (2) | 3.45 | -8.49 | 23.97 | 10.41 | 0 | 0 | 6.4 | -57.13 | 209.91 | -0.73 | 7.8 | 2788.89 | 34.24 | -0.17 | 16.31 | 0.56 | 37.79 | -6.3 | 12.36 | 20.82 | 12.4 | 34.78 | 0 | 0 | 110.28 | -9.81 | 0.03 | 0 | 11.87 | 0.0 | 33.17 | 25.74 | 45.07 | 17.86 | 9.47 | -25.61 | 42.64 | 9.03 | 0.14 | 3.96 |
| 2014 (1) | 3.77 | 1.07 | 21.71 | -18.93 | 0 | 0 | 14.93 | 14.06 | 211.45 | 4.72 | 0.27 | 0 | 34.3 | 12.2 | 16.22 | 7.14 | 40.33 | 8.62 | 10.23 | 15.72 | 9.2 | 155.56 | 0 | 0 | 122.28 | -2.78 | 0 | 0 | 11.87 | 0.0 | 26.38 | -2.4 | 38.24 | -1.7 | 12.73 | 168.0 | 39.11 | 23.06 | 0.13 | 2.33 |
| 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) | 18.64 | 17.53 | 67.32 | 49.3 | -0.14 | 42.03 | 0 | 0 | 0 | 0 | 0 | 0 | 50.21 | -7.14 | 0.82 | 0.72 | 139.13 | 139.56 | 35.43 | -6.29 | 16.74 | 16.74 | -6.48 | 17.11 | 59.42 | 14.05 | 13.27 | 17.33 | 3.9 | 8.99 | 8.72 | 12.95 | 79.06 | 0 | 0 | 0 | 110.28 | 0.0 | 0.0 | 3.17 | 0.0 | 0.0 | 11.87 | 0.0 | 0.0 | 14.24 | 5.64 | 4.94 | 29.28 | 2.66 | 2.38 | 21.34 | -5.37 | 78.58 | 35.58 | -1.25 | 39.42 | 0.13 | -0.47 | -2.62 |
| 24Q2 (19) | 15.86 | 26.58 | -4.23 | 49.37 | 19.86 | 35.15 | 0 | 0 | 0 | 0 | 0 | 0 | 54.07 | 2.35 | 7.03 | -1.84 | -491.49 | 51.06 | 37.81 | 9.82 | 23.36 | 17.90 | 7.97 | 30.9 | 52.1 | -9.69 | -5.72 | 16.68 | 3.93 | 9.38 | 7.72 | 24.32 | -48.05 | 0 | 0 | 0 | 110.28 | 0.0 | 0.0 | 3.17 | 0.0 | 0.0 | 11.87 | 0.0 | 0.0 | 13.48 | -12.01 | -12.35 | 28.52 | -6.06 | -6.25 | 22.55 | 27.98 | 130.1 | 36.03 | 9.38 | 43.09 | 0.13 | 0.04 | 1.19 |
| 24Q1 (18) | 12.53 | 43.69 | 56.62 | 41.19 | 24.59 | 16.78 | 0 | 0 | 0 | 0 | 0 | 0 | 52.83 | -3.21 | -3.33 | 0.47 | -69.68 | 127.65 | 34.43 | 8.0 | -9.51 | 16.57 | 8.94 | 2.75 | 57.69 | 4.74 | 9.49 | 16.05 | -1.35 | 8.96 | 6.21 | -51.1 | 26.22 | 0 | 0 | 0 | 110.28 | 0.0 | 0.0 | 3.17 | 0.0 | 18.28 | 11.87 | 0.0 | 0.0 | 15.32 | 3.3 | -21.84 | 30.36 | 1.64 | -11.1 | 17.62 | 41.19 | 95.13 | 32.94 | 20.62 | 15.05 | 0.13 | 1.15 | 0.18 |
| 23Q4 (17) | 8.72 | -21.72 | 8.32 | 33.06 | -4.75 | 25.23 | 0 | 0 | 0 | 0 | 0 | -100.0 | 54.58 | 9.6 | -4.9 | 1.55 | 185.16 | 181.82 | 31.88 | 5.04 | -15.03 | 15.21 | 6.45 | -4.1 | 55.08 | 4.99 | 10.43 | 16.27 | 2.33 | 6.69 | 12.7 | 160.78 | -85.39 | 0 | 0 | 0 | 110.28 | 0.0 | 0.0 | 3.17 | 0.0 | 18.28 | 11.87 | 0.0 | 0.0 | 14.83 | 9.29 | -39.62 | 29.87 | 4.44 | -23.63 | 12.48 | 4.44 | 31.92 | 27.31 | 7.01 | -19.72 | 0.13 | -3.31 | 3.85 |
| 23Q3 (16) | 11.14 | -32.73 | -3.05 | 34.71 | -4.98 | 8.0 | 0 | 0 | 0 | 0 | 0 | -100.0 | 49.8 | -1.43 | -19.2 | -1.82 | 51.6 | -163.41 | 30.35 | -0.98 | -27.74 | 14.29 | 4.54 | -19.87 | 52.46 | -5.07 | 21.89 | 15.9 | 4.26 | 8.83 | 4.87 | -67.23 | -85.63 | 0 | 0 | 0 | 110.28 | 0.0 | 0.0 | 3.17 | 0.0 | 18.28 | 11.87 | 0.0 | 0.0 | 13.57 | -11.77 | -42.33 | 28.6 | -5.98 | -24.89 | 11.95 | 21.94 | 11.89 | 25.52 | 1.35 | -25.4 | 0.14 | 3.42 | 7.93 |
| 23Q2 (15) | 16.56 | 107.0 | 35.07 | 36.53 | 3.57 | -14.93 | 0 | 0 | 0 | 0 | 0 | -100.0 | 50.52 | -7.56 | -18.8 | -3.76 | -121.18 | -333.54 | 30.65 | -19.45 | -24.99 | 13.67 | -15.24 | -24.51 | 55.26 | 4.88 | 42.28 | 15.25 | 3.53 | 77.33 | 14.86 | 202.03 | 24.46 | 0 | 0 | 0 | 110.28 | 0.0 | 0.0 | 3.17 | 18.28 | 18.28 | 11.87 | 0.0 | 0.0 | 15.38 | -21.53 | -25.56 | 30.42 | -10.92 | -13.6 | 9.8 | 8.53 | 11.62 | 25.18 | -12.05 | -14.47 | 0.13 | -0.95 | 3.47 |
| 23Q1 (14) | 8.0 | -0.62 | -17.61 | 35.27 | 33.6 | -20.9 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 54.65 | -4.77 | -1.12 | -1.7 | -409.09 | -193.1 | 38.05 | 1.41 | -4.83 | 16.13 | 1.68 | -10.91 | 52.69 | 5.63 | 34.24 | 14.73 | -3.41 | 75.36 | 4.92 | -94.34 | 0 | 0 | 0 | 0 | 110.28 | 0.0 | 0.0 | 2.68 | 0.0 | 18.58 | 11.87 | 0.0 | 0.0 | 19.6 | -20.2 | 0.67 | 34.15 | -12.68 | 1.64 | 9.03 | -4.55 | -16.93 | 28.63 | -15.84 | -5.64 | 0.13 | 4.85 | 4.05 |
| 22Q4 (13) | 8.05 | -29.94 | 50.19 | 26.4 | -17.86 | -33.88 | 0 | 0 | 0 | 0.06 | -94.83 | -94.44 | 57.39 | -6.88 | 1.81 | 0.55 | -80.84 | 132.74 | 37.52 | -10.67 | -3.84 | 15.86 | -11.05 | -10.43 | 49.88 | 15.89 | 16.49 | 15.25 | 4.38 | 41.86 | 86.91 | 156.37 | 995.96 | 0 | 0 | 0 | 110.28 | 0.0 | 0.0 | 2.68 | 0.0 | 18.58 | 11.87 | 0.0 | 0.0 | 24.56 | 4.38 | 0.12 | 39.11 | 2.7 | 1.16 | 9.46 | -11.42 | 38.51 | 34.02 | -0.56 | 8.48 | 0.13 | 0.48 | 4.03 |
| 22Q3 (12) | 11.49 | -6.28 | 103.0 | 32.14 | -25.15 | -5.47 | 0 | 0 | 0 | 1.16 | 4.5 | 6.42 | 61.63 | -0.95 | 19.05 | 2.87 | 78.26 | 87.58 | 42.0 | 2.79 | 17.98 | 17.84 | -1.51 | 7.49 | 43.04 | 10.81 | -2.49 | 14.61 | 69.88 | 45.95 | 33.9 | 183.92 | 0 | 0 | 0 | 0 | 110.28 | 0.0 | 0.0 | 2.68 | 0.0 | 18.58 | 11.87 | 0.0 | 0.0 | 23.53 | 13.89 | -12.59 | 38.08 | 8.15 | -7.24 | 10.68 | 21.64 | 124.37 | 34.21 | 16.2 | 7.99 | 0.13 | -0.85 | 3.57 |
| 22Q2 (11) | 12.26 | 26.26 | 48.25 | 42.94 | -3.7 | 36.97 | 0 | 0 | 0 | 1.11 | -0.89 | 217.14 | 62.22 | 12.57 | 8.38 | 1.61 | 377.59 | -60.54 | 40.86 | 2.2 | 8.81 | 18.11 | 0.02 | 0.18 | 38.84 | -1.04 | -1.02 | 8.6 | 2.38 | -19.1 | 11.94 | 0 | 9.34 | 0 | 0 | 0 | 110.28 | 0.0 | 0.0 | 2.68 | 18.58 | 18.58 | 11.87 | 0.0 | 0.0 | 20.66 | 6.11 | -18.57 | 35.21 | 4.79 | -10.86 | 8.78 | -19.23 | 57.07 | 29.44 | -2.97 | -4.91 | 0.13 | -0.4 | 2.95 |
| 22Q1 (10) | 9.71 | 81.16 | 57.63 | 44.59 | 11.67 | 133.82 | 0 | 0 | 0 | 1.12 | 3.7 | 0.9 | 55.27 | -1.95 | 0.91 | -0.58 | 65.48 | -161.05 | 39.98 | 2.46 | 14.49 | 18.11 | 2.23 | 1.27 | 39.25 | -8.34 | 16.95 | 8.4 | -21.86 | -17.16 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 110.28 | 0.0 | 0.0 | 2.26 | 0.0 | 0.0 | 11.87 | 0.0 | 0.0 | 19.47 | -20.63 | -8.51 | 33.6 | -13.09 | -5.11 | 10.87 | 59.15 | 88.39 | 30.34 | -3.25 | 12.16 | 0.13 | 4.83 | 0.97 |
| 21Q4 (9) | 5.36 | -5.3 | 38.5 | 39.93 | 17.44 | 143.03 | 0 | 0 | 0 | 1.08 | -0.92 | -3.57 | 56.37 | 8.89 | 11.38 | -1.68 | -209.8 | -1392.31 | 39.02 | 9.61 | 18.78 | 17.71 | 6.74 | 0.37 | 42.82 | -2.99 | 13.43 | 10.75 | 7.39 | 4.98 | 7.93 | 0 | -42.99 | 0 | 0 | 0 | 110.28 | 0.0 | 0.0 | 2.26 | 0.0 | 0.0 | 11.87 | 0.0 | 0.0 | 24.53 | -8.88 | 20.6 | 38.66 | -5.82 | 12.16 | 6.83 | 43.49 | 63.79 | 31.36 | -1.01 | 27.95 | 0.12 | 0.04 | -5.29 |
| 21Q3 (8) | 5.66 | -31.56 | 5.2 | 34.0 | 8.45 | 21.78 | 0 | 0 | 0 | 1.09 | 211.43 | -16.15 | 51.77 | -9.82 | 15.2 | 1.53 | -62.5 | 214.18 | 35.6 | -5.19 | 19.1 | 16.59 | -8.21 | 3.14 | 44.14 | 12.49 | 8.91 | 10.01 | -5.83 | -3.0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 110.28 | 0.0 | 0.0 | 2.26 | 0.0 | 0.0 | 11.87 | 0.0 | 0.0 | 26.92 | 6.11 | 33.07 | 41.05 | 3.92 | 19.47 | 4.76 | -14.85 | 102.55 | 31.68 | 2.33 | 40.3 | 0.12 | -1.44 | -5.74 |
| 21Q2 (7) | 8.27 | 34.25 | 26.07 | 31.35 | 64.39 | -42.13 | 0 | 0 | 0 | 0.35 | -68.47 | 0 | 57.41 | 4.82 | 27.58 | 4.08 | 329.47 | 1033.33 | 37.55 | 7.53 | 18.79 | 18.08 | 1.11 | 0 | 39.24 | 16.92 | -9.36 | 10.63 | 4.83 | 3.71 | 10.92 | -8.31 | 685.61 | 0 | 0 | 0 | 110.28 | 0.0 | 0.0 | 2.26 | 0.0 | 0.0 | 11.87 | 0.0 | 0.0 | 25.37 | 19.22 | 17.73 | 39.5 | 11.55 | 10.71 | 5.59 | -3.12 | 176.73 | 30.96 | 14.45 | 31.35 | 0.12 | -2.32 | -3.22 |
| 21Q1 (6) | 6.16 | 59.17 | 82.25 | 19.07 | 16.07 | -64.03 | 0 | 0 | 0 | 1.11 | -0.89 | 0 | 54.77 | 8.22 | 20.08 | 0.95 | 630.77 | 180.51 | 34.92 | 6.3 | 8.01 | 17.88 | 1.32 | 0 | 33.56 | -11.1 | -8.73 | 10.14 | -0.98 | 0.0 | 11.91 | -14.38 | 763.04 | 0 | 0 | 0 | 110.28 | 0.0 | 0.0 | 2.26 | 0.0 | 0.0 | 11.87 | 0.0 | 0.0 | 21.28 | 4.62 | 0.42 | 35.41 | 2.73 | 0.25 | 5.77 | 38.37 | 1054.0 | 27.05 | 10.36 | 24.71 | 0.13 | -1.67 | -3.76 |
| 20Q4 (5) | 3.87 | -28.07 | -19.21 | 16.43 | -41.15 | -68.71 | 0 | 0 | 0 | 1.12 | -13.85 | -73.58 | 50.61 | 12.62 | 0.72 | 0.13 | 109.7 | 106.05 | 32.85 | 9.9 | 5.8 | 17.65 | 9.69 | 0 | 37.75 | -6.86 | -2.86 | 10.24 | -0.78 | -2.01 | 13.91 | 0 | 839.86 | 0 | 0 | 0 | 110.28 | 0.0 | 0.0 | 2.26 | 0.0 | 0.0 | 11.87 | 0.0 | 0.0 | 20.34 | 0.54 | -9.03 | 34.47 | 0.32 | -5.54 | 4.17 | 77.45 | 1.71 | 24.51 | 8.55 | -7.37 | 0.13 | -0.43 | -1.05 |
| 20Q3 (4) | 5.38 | -17.99 | 0.0 | 27.92 | -48.46 | 0.0 | 0 | 0 | 0.0 | 1.3 | 0 | 0.0 | 44.94 | -0.13 | 0.0 | -1.34 | -472.22 | 0.0 | 29.89 | -5.44 | 0.0 | 16.09 | 0 | 0.0 | 40.53 | -6.38 | 0.0 | 10.32 | 0.68 | 0.0 | 0 | -100.0 | 0.0 | 0 | 0 | 0.0 | 110.28 | 0.0 | 0.0 | 2.26 | 0.0 | 0.0 | 11.87 | 0.0 | 0.0 | 20.23 | -6.13 | 0.0 | 34.36 | -3.7 | 0.0 | 2.35 | 16.34 | 0.0 | 22.58 | -4.2 | 0.0 | 0.13 | 1.2 | 0.0 |
