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) | 4.61 | -55.59 | 39.95 | -15.59 | 0.28 | -77.6 | 0 | 0 | 211.95 | -13.48 | 8.76 | 42.9 | 46.39 | -4.23 | 21.89 | 10.69 | 37.18 | -14.55 | 6.23 | 10.46 | 5.28 | 34.01 | 0.04 | 0.0 | 64.77 | 0.0 | 19.01 | 3.32 | 13.24 | 0.0 | 20.88 | 24.88 | 53.13 | 9.86 | -2.75 | 0 | 18.13 | 30.06 | 0.03 | -2.45 |
| 2022 (9) | 10.38 | 58.23 | 47.33 | -22.57 | 1.25 | 150.0 | 0 | 0 | 244.98 | -6.93 | 6.13 | -49.8 | 48.44 | -22.93 | 19.77 | -17.19 | 43.51 | -23.37 | 5.64 | 8.46 | 3.94 | 347.73 | 0.04 | 0.0 | 64.77 | 0.0 | 18.4 | 7.16 | 13.24 | 0.0 | 16.72 | -17.23 | 48.36 | -4.45 | -2.78 | 0 | 13.94 | -15.21 | 0.03 | -29.34 |
| 2021 (8) | 6.56 | 30.42 | 61.13 | 74.61 | 0.5 | 0 | 0 | 0 | 263.21 | 36.89 | 12.21 | 137.55 | 62.85 | 39.42 | 23.88 | 1.85 | 56.78 | 66.27 | 5.2 | 6.34 | 0.88 | 0 | 0.04 | 0.0 | 64.77 | 0.0 | 17.17 | 3.12 | 13.24 | 0.0 | 20.2 | 64.09 | 50.61 | 19.93 | -3.76 | 0 | 16.44 | 102.96 | 0.04 | -12.38 |
| 2020 (7) | 5.03 | 0.0 | 35.01 | 5.93 | 0 | 0 | 0 | 0 | 192.28 | 14.9 | 5.14 | 113.28 | 45.08 | 0.38 | 23.44 | -12.64 | 34.15 | 8.69 | 4.89 | -0.81 | 0 | 0 | 0.04 | 0.0 | 64.77 | 0.0 | 16.65 | 1.46 | 13.24 | 0.0 | 12.31 | 31.52 | 42.2 | 8.15 | -4.21 | 0 | 8.1 | 73.82 | 0.05 | -1.85 |
| 2019 (6) | 5.03 | -16.45 | 33.05 | -16.71 | 0 | 0 | 0 | 0 | 167.35 | -9.59 | 2.41 | -3.6 | 44.91 | -11.94 | 26.84 | -2.6 | 31.42 | -5.98 | 4.93 | 7.64 | 0 | 0 | 0.04 | 0.0 | 64.77 | 0.0 | 16.41 | 1.55 | 13.24 | 0.0 | 9.36 | -12.28 | 39.02 | -2.62 | -4.7 | 0 | 4.66 | -37.37 | 0.05 | -2.66 |
| 2018 (5) | 6.02 | -9.34 | 39.68 | 44.29 | 0 | 0 | 0 | 0 | 185.11 | 7.21 | 2.5 | -35.4 | 51.0 | 10.89 | 27.55 | 3.44 | 33.42 | 8.68 | 4.58 | -2.97 | 0 | 0 | 0.04 | 0.0 | 64.77 | 0.0 | 16.16 | 2.41 | 13.24 | 0.0 | 10.67 | 2.11 | 40.07 | 1.52 | -3.23 | 0 | 7.44 | -24.16 | 0.05 | -1.1 |
| 2017 (4) | 6.64 | -1.48 | 27.5 | 96.01 | 0 | 0 | 0 | 0 | 172.66 | 4.69 | 3.87 | -41.27 | 45.99 | 16.58 | 26.64 | 11.36 | 30.75 | 31.52 | 4.72 | -0.21 | 0 | 0 | 0.04 | 0.0 | 64.77 | 0.0 | 15.78 | 4.37 | 13.24 | 0.0 | 10.45 | -12.7 | 39.47 | -2.13 | -0.64 | 0 | 9.81 | -17.42 | 0.05 | 2.4 |
| 2016 (3) | 6.74 | 40.71 | 14.03 | 4.62 | 0 | 0 | 0 | 0 | 164.93 | 0.1 | 6.59 | -0.6 | 39.45 | 0.38 | 23.92 | 0.28 | 23.38 | 4.19 | 4.73 | -1.66 | 0 | 0 | 0.04 | 0.0 | 64.77 | 0.0 | 15.12 | 4.64 | 13.24 | 0.0 | 11.97 | 29.13 | 40.33 | 9.12 | -0.09 | 0 | 11.88 | 0.85 | 0.05 | -13.98 |
| 2015 (2) | 4.79 | -46.18 | 13.41 | -60.23 | 0 | 0 | 0 | 0 | 164.77 | -19.35 | 6.63 | 41.97 | 39.3 | -25.74 | 23.85 | -7.92 | 22.44 | -32.73 | 4.81 | -0.21 | 0 | 0 | 0.04 | -20.0 | 64.77 | 0.0 | 14.45 | 3.29 | 13.24 | 0.0 | 9.27 | 36.73 | 36.96 | 8.67 | 2.51 | -23.24 | 11.78 | 17.21 | 0.06 | -0.18 |
| 2014 (1) | 8.9 | 34.04 | 33.72 | 2.55 | 0 | 0 | 0 | 0 | 204.31 | 3.28 | 4.67 | -0.21 | 52.92 | 51.11 | 25.90 | 46.31 | 33.36 | -36.03 | 4.82 | 3.88 | 0 | 0 | 0.05 | 66.67 | 64.77 | 0.0 | 13.99 | 3.48 | 13.24 | 0.0 | 6.78 | -35.92 | 34.01 | -8.92 | 3.27 | 25.29 | 10.05 | -23.81 | 0.06 | -0.62 |
| 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) | 4.07 | -23.64 | 15.95 | 35.98 | -16.54 | -17.33 | 1.12 | -22.76 | 300.0 | 0 | 0 | 0 | 61.74 | -0.36 | 8.87 | 3.03 | 21.69 | 42.92 | 49.62 | -1.96 | -10.27 | 21.70 | -4.11 | -16.11 | 43.16 | 11.21 | 9.65 | 6.33 | 3.6 | 7.84 | 8.09 | 64.1 | 89.02 | 0.04 | 0.0 | 0.0 | 64.77 | 0.0 | 0.0 | 19.88 | 0.0 | 4.58 | 13.24 | 0.0 | 0.0 | 21.07 | 16.73 | 14.57 | 54.19 | 5.9 | 6.99 | -1.19 | -9.17 | 52.78 | 19.88 | 17.22 | 25.27 | 0.03 | 0.17 | -1.46 |
| 24Q2 (19) | 5.33 | -8.89 | -3.62 | 43.11 | 9.08 | 6.5 | 1.45 | 52.63 | 16.0 | 0 | 0 | 0 | 61.96 | 18.43 | 15.32 | 2.49 | 23.27 | 25.76 | 50.61 | 3.43 | 13.15 | 22.63 | -0.37 | 10.65 | 38.81 | -3.91 | -1.75 | 6.11 | -3.78 | 8.53 | 4.93 | -9.87 | 48.94 | 0.04 | 0.0 | 0.0 | 64.77 | 0.0 | 0.0 | 19.88 | 0.0 | 4.58 | 13.24 | 0.0 | 0.0 | 18.05 | 16.0 | 10.94 | 51.17 | 5.12 | 5.44 | -1.09 | 5.22 | 62.93 | 16.96 | 17.7 | 27.23 | 0.03 | -0.3 | 0.18 |
| 24Q1 (18) | 5.85 | 26.9 | 3.36 | 39.52 | -1.08 | 5.13 | 0.95 | 239.29 | -24.0 | 0 | 0 | 0 | 52.32 | -0.63 | 7.08 | 2.02 | -21.71 | -2.88 | 48.93 | 5.48 | 5.11 | 22.71 | 3.78 | 12.54 | 40.39 | 8.63 | 0.95 | 6.35 | 1.93 | 7.26 | 5.47 | 3.6 | 50.69 | 0.04 | 0.0 | 0.0 | 64.77 | 0.0 | 0.0 | 19.88 | 4.58 | 4.58 | 13.24 | 0.0 | 0.0 | 15.56 | -25.48 | 8.81 | 48.68 | -8.38 | 4.58 | -1.15 | 58.18 | 54.9 | 14.41 | -20.52 | 22.64 | 0.03 | 1.34 | -3.26 |
| 23Q4 (17) | 4.61 | 31.34 | -55.59 | 39.95 | -8.2 | -15.59 | 0.28 | 0.0 | -77.6 | 0 | 0 | 0 | 52.65 | -7.16 | -3.38 | 2.58 | 21.7 | 126.32 | 46.39 | -16.11 | -4.23 | 21.89 | -15.38 | 10.69 | 37.18 | -5.54 | -14.55 | 6.23 | 6.13 | 10.46 | 5.28 | 23.36 | 34.01 | 0.04 | 0.0 | 0.0 | 64.77 | 0.0 | 0.0 | 19.01 | 0.0 | 3.32 | 13.24 | 0.0 | 0.0 | 20.88 | 13.54 | 24.88 | 53.13 | 4.9 | 9.86 | -2.75 | -9.13 | 1.08 | 18.13 | 14.24 | 30.06 | 0.03 | -2.63 | -2.45 |
| 23Q3 (16) | 3.51 | -36.53 | -58.36 | 43.52 | 7.51 | -25.42 | 0.28 | -77.6 | -77.6 | 0 | 0 | 0 | 56.71 | 5.55 | -7.97 | 2.12 | 7.07 | 161.73 | 55.3 | 23.63 | 10.58 | 25.87 | 26.47 | 35.48 | 39.36 | -0.35 | -19.97 | 5.87 | 4.26 | 7.9 | 4.28 | 29.31 | 90.22 | 0.04 | 0.0 | 0.0 | 64.77 | 0.0 | 0.0 | 19.01 | 0.0 | 3.32 | 13.24 | 0.0 | 0.0 | 18.39 | 13.03 | 23.09 | 50.65 | 4.37 | 8.74 | -2.52 | 14.29 | 2.33 | 15.87 | 19.05 | 28.4 | 0.03 | 1.83 | -1.97 |
| 23Q2 (15) | 5.53 | -2.3 | -39.23 | 40.48 | 7.69 | -40.7 | 1.25 | 0.0 | 150.0 | 0 | 0 | 0 | 53.73 | 9.97 | -18.18 | 1.98 | -4.81 | -13.54 | 44.73 | -3.91 | -19.32 | 20.45 | 1.34 | -0.38 | 39.5 | -1.27 | -20.23 | 5.63 | -4.9 | 7.24 | 3.31 | -8.82 | 103.07 | 0.04 | 0.0 | 0.0 | 64.77 | 0.0 | 0.0 | 19.01 | 0.0 | 3.32 | 13.24 | 0.0 | 0.0 | 16.27 | 13.78 | 15.15 | 48.53 | 4.25 | 6.03 | -2.94 | -15.29 | 2.65 | 13.33 | 13.45 | 19.98 | 0.03 | -3.72 | -19.39 |
| 23Q1 (14) | 5.66 | -45.47 | -42.65 | 37.59 | -20.58 | -32.01 | 1.25 | 0.0 | 150.0 | 0 | 0 | 0 | 48.86 | -10.33 | -22.69 | 2.08 | 82.46 | 9.47 | 46.55 | -3.9 | -19.82 | 20.18 | 2.07 | -5.51 | 40.01 | -8.04 | -21.6 | 5.92 | 4.96 | 9.43 | 3.63 | -7.87 | 107.43 | 0.04 | 0.0 | 0.0 | 64.77 | 0.0 | 0.0 | 19.01 | 3.32 | 3.32 | 13.24 | 0.0 | 0.0 | 14.3 | -14.47 | 14.86 | 46.55 | -3.74 | 5.58 | -2.55 | 8.27 | 1.16 | 11.75 | -15.71 | 19.05 | 0.03 | 2.19 | -17.37 |
| 22Q4 (13) | 10.38 | 23.13 | 58.23 | 47.33 | -18.89 | -22.57 | 1.25 | 0.0 | 150.0 | 0 | 0 | 0 | 54.49 | -11.57 | -23.73 | 1.14 | 40.74 | -55.47 | 48.44 | -3.14 | -22.93 | 19.77 | 3.56 | -17.19 | 43.51 | -11.53 | -23.37 | 5.64 | 3.68 | 8.46 | 3.94 | 75.11 | 347.73 | 0.04 | 0.0 | 0.0 | 64.77 | 0.0 | 0.0 | 18.4 | 0.0 | 7.16 | 13.24 | 0.0 | 0.0 | 16.72 | 11.91 | -17.23 | 48.36 | 3.82 | -4.45 | -2.78 | -7.75 | 26.06 | 13.94 | 12.78 | -15.21 | 0.03 | -2.15 | -29.34 |
| 22Q3 (12) | 8.43 | -7.36 | 44.1 | 58.35 | -14.52 | 6.63 | 1.25 | 150.0 | 150.0 | 0 | 0 | 0 | 61.62 | -6.17 | -11.62 | 0.81 | -64.63 | -75.3 | 50.01 | -9.79 | -17.26 | 19.09 | -7.0 | -21.91 | 49.18 | -0.69 | -14.28 | 5.44 | 3.62 | 8.58 | 2.25 | 38.04 | 125.0 | 0.04 | 0.0 | 0.0 | 64.77 | 0.0 | 0.0 | 18.4 | 0.0 | 7.16 | 13.24 | 0.0 | 0.0 | 14.94 | 5.73 | -15.16 | 46.58 | 1.77 | -3.0 | -2.58 | 14.57 | 46.03 | 12.36 | 11.25 | -3.66 | 0.03 | -16.27 | -33.02 |
| 22Q2 (11) | 9.1 | -7.8 | 0.55 | 68.26 | 23.46 | 26.88 | 0.5 | 0.0 | 0 | 0 | 0 | 0 | 65.67 | 3.91 | -2.64 | 2.29 | 20.53 | -38.93 | 55.44 | -4.51 | -10.61 | 20.53 | -3.88 | -24.52 | 49.52 | -2.96 | 4.06 | 5.25 | -2.96 | 6.06 | 1.63 | -6.86 | 0 | 0.04 | 0.0 | 0.0 | 64.77 | 0.0 | 0.0 | 18.4 | 0.0 | 7.16 | 13.24 | 0.0 | 0.0 | 14.13 | 13.49 | -1.4 | 45.77 | 3.81 | 2.3 | -3.02 | -17.05 | 38.87 | 11.11 | 12.56 | 18.32 | 0.04 | -1.31 | -24.74 |
| 22Q1 (10) | 9.87 | 50.46 | 58.43 | 55.29 | -9.55 | 24.08 | 0.5 | 0.0 | 0 | 0 | 0 | 0 | 63.2 | -11.53 | 15.75 | 1.9 | -25.78 | -27.2 | 58.06 | -7.62 | 9.32 | 21.36 | -10.54 | -17.39 | 51.03 | -10.13 | 24.13 | 5.41 | 4.04 | 8.85 | 1.75 | 98.86 | 0 | 0.04 | 0.0 | 0.0 | 64.77 | 0.0 | 0.0 | 18.4 | 7.16 | 10.51 | 13.24 | 0.0 | 0.0 | 12.45 | -38.37 | -16.55 | 44.09 | -12.88 | -1.63 | -2.58 | 31.38 | 39.58 | 9.87 | -39.96 | -7.32 | 0.04 | -12.62 | -22.45 |
| 21Q4 (9) | 6.56 | 12.14 | 30.42 | 61.13 | 11.71 | 74.61 | 0.5 | 0.0 | 0 | 0 | 0 | 0 | 71.44 | 2.47 | 28.91 | 2.56 | -21.95 | 4.92 | 62.85 | 3.99 | 39.42 | 23.88 | -2.34 | 1.85 | 56.78 | -1.03 | 66.27 | 5.2 | 3.79 | 6.34 | 0.88 | -12.0 | 0 | 0.04 | 0.0 | 0.0 | 64.77 | 0.0 | 0.0 | 17.17 | 0.0 | 3.12 | 13.24 | 0.0 | 0.0 | 20.2 | 14.71 | 64.09 | 50.61 | 5.39 | 19.93 | -3.76 | 21.34 | 10.69 | 16.44 | 28.14 | 102.96 | 0.04 | -7.24 | -12.38 |
| 21Q3 (8) | 5.85 | -35.36 | 5.6 | 54.72 | 1.71 | 39.24 | 0.5 | 0 | 0 | 0 | 0 | 0 | 69.72 | 3.37 | 37.98 | 3.28 | -12.53 | 180.34 | 60.44 | -2.55 | 31.13 | 24.45 | -10.11 | -1.96 | 57.37 | 20.55 | 63.21 | 5.01 | 1.21 | 7.05 | 1.0 | 0 | 0 | 0.04 | 0.0 | 0.0 | 64.77 | 0.0 | 0.0 | 17.17 | 0.0 | 3.12 | 13.24 | 0.0 | 0.0 | 17.61 | 22.89 | 78.24 | 48.02 | 7.33 | 20.74 | -4.78 | 3.24 | -3.24 | 12.83 | 36.63 | 144.38 | 0.05 | -5.91 | -4.9 |
| 21Q2 (7) | 9.05 | 45.26 | 63.36 | 53.8 | 20.74 | 49.44 | 0 | 0 | 0 | 0 | 0 | 0 | 67.45 | 23.53 | 50.42 | 3.75 | 43.68 | 303.23 | 62.02 | 16.78 | 40.99 | 27.20 | 5.2 | 0 | 47.59 | 15.76 | 40.92 | 4.95 | -0.4 | 4.43 | 0 | 0 | 0 | 0.04 | 0.0 | 0.0 | 64.77 | 0.0 | 0.0 | 17.17 | 3.12 | 3.12 | 13.24 | 0.0 | 0.0 | 14.33 | -3.95 | 64.52 | 44.74 | -0.18 | 15.91 | -4.94 | -15.69 | 4.26 | 9.39 | -11.83 | 164.51 | 0.05 | 1.69 | -0.02 |
| 21Q1 (6) | 6.23 | 23.86 | 0.16 | 44.56 | 27.28 | 26.34 | 0 | 0 | 0 | 0 | 0 | 0 | 54.6 | -1.48 | 31.6 | 2.61 | 6.97 | 335.0 | 53.11 | 17.81 | 26.78 | 25.86 | 10.29 | 0 | 41.11 | 20.38 | 19.09 | 4.97 | 1.64 | -0.2 | 0 | 0 | 0 | 0.04 | 0.0 | 0.0 | 64.77 | 0.0 | 0.0 | 16.65 | 0.0 | 1.46 | 13.24 | 0.0 | 0.0 | 14.92 | 21.2 | 49.8 | 44.82 | 6.21 | 13.12 | -4.27 | -1.43 | 18.67 | 10.65 | 31.48 | 126.11 | 0.05 | -1.27 | -1.85 |
| 20Q4 (5) | 5.03 | -9.21 | 0.0 | 35.01 | -10.92 | 5.93 | 0 | 0 | 0 | 0 | 0 | 0 | 55.42 | 9.68 | 15.58 | 2.44 | 108.55 | 190.48 | 45.08 | -2.19 | 0.38 | 23.44 | -5.99 | 0 | 34.15 | -2.84 | 8.69 | 4.89 | 4.49 | -0.81 | 0 | 0 | 0 | 0.04 | 0.0 | 0.0 | 64.77 | 0.0 | 0.0 | 16.65 | 0.0 | 1.46 | 13.24 | 0.0 | 0.0 | 12.31 | 24.6 | 31.52 | 42.2 | 6.11 | 8.15 | -4.21 | 9.07 | 10.43 | 8.1 | 54.29 | 73.82 | 0.05 | 0.67 | -1.85 |
| 20Q3 (4) | 5.54 | 0.0 | 0.0 | 39.3 | 9.17 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 50.53 | 12.69 | 0.0 | 1.17 | 25.81 | 0.0 | 46.09 | 4.77 | 0.0 | 24.94 | 0 | 0.0 | 35.15 | 4.09 | 0.0 | 4.68 | -1.27 | 0.0 | 0 | 0 | 0.0 | 0.04 | 0.0 | 0.0 | 64.77 | 0.0 | 0.0 | 16.65 | 0.0 | 0.0 | 13.24 | 0.0 | 0.0 | 9.88 | 13.43 | 0.0 | 39.77 | 3.03 | 0.0 | -4.63 | 10.27 | 0.0 | 5.25 | 47.89 | 0.0 | 0.05 | -1.09 | 0.0 |
