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) | 11.45 | -5.06 | 9.46 | -28.28 | 0.09 | 0 | 0 | 0 | 84.2 | -12.05 | 0.81 | 0 | 5.87 | -3.14 | 6.97 | 10.14 | 22.71 | -1.43 | 7.39 | -1.07 | 2.15 | 0 | 0.12 | 33.33 | 33.72 | -29.72 | 0 | 0 | 0 | 0 | 0.81 | 0 | 0.81 | 0 | 0.34 | -50.0 | 1.15 | 0 | 0.48 | 2.42 |
| 2022 (9) | 12.06 | 8.16 | 13.19 | -23.49 | 0 | 0 | 0 | 0 | 95.74 | -10.52 | -1.2 | 0 | 6.06 | -22.8 | 6.33 | -13.72 | 23.04 | -13.12 | 7.47 | 11.16 | 0 | 0 | 0.09 | 0.0 | 47.98 | 0.0 | 0.16 | 0.0 | 0 | 0 | -14.42 | 0 | -14.26 | 0 | 0.68 | 0 | -13.74 | 0 | 0.47 | 2.99 |
| 2021 (8) | 11.15 | 342.46 | 17.24 | 11.95 | 0 | 0 | 0 | 0 | 107.0 | 34.93 | 4.26 | 0 | 7.85 | 18.76 | 7.34 | -11.98 | 26.52 | 11.06 | 6.72 | 83.61 | 0 | 0 | 0.09 | -18.18 | 47.98 | 0.0 | 0.16 | 0.0 | 0 | 0 | -13.21 | 0 | -13.05 | 0 | -0.35 | 0 | -13.56 | 0 | 0.45 | 80.33 |
| 2020 (7) | 2.52 | -59.49 | 15.4 | -13.68 | 2.52 | 342.11 | 0 | 0 | 79.3 | -31.16 | -1.86 | 0 | 6.61 | -25.98 | 8.34 | 7.52 | 23.88 | 7.33 | 3.66 | -42.0 | 0.38 | -91.4 | 0.11 | -8.33 | 47.98 | 0.0 | 0.16 | 0.0 | 0 | 0 | -14.85 | 0 | -14.69 | 0 | 4.17 | -26.97 | -10.68 | 0 | 0.25 | 20.88 |
| 2019 (6) | 6.22 | -27.67 | 17.84 | -29.74 | 0.57 | -72.6 | 0 | 0 | 115.19 | 3.62 | -7.86 | 0 | 8.93 | 24.37 | 7.75 | 20.03 | 22.25 | -22.98 | 6.31 | 353.96 | 4.42 | -53.18 | 0.12 | 0 | 47.98 | 0.0 | 0.16 | 0.0 | 0 | 0 | -12.7 | 0 | -12.54 | 0 | 5.71 | 28.31 | -6.99 | 0 | 0.21 | -6.15 |
| 2018 (5) | 8.6 | 12.42 | 25.39 | -38.03 | 2.08 | -71.78 | 0 | 0 | 111.17 | 41.91 | -0.51 | 0 | 7.18 | 0.98 | 6.46 | -28.84 | 28.89 | -3.96 | 1.39 | 4.51 | 9.44 | -69.31 | 0 | 0 | 47.98 | -12.3 | 0.16 | 0.0 | 0 | 0 | -5.41 | 0 | -5.25 | 0 | 4.45 | 61.23 | -0.96 | 0 | 0.22 | -14.48 |
| 2017 (4) | 7.65 | -1.54 | 40.97 | 28.39 | 7.37 | -6.59 | 0 | 0 | 78.34 | 12.46 | -0.9 | 0 | 7.11 | 44.81 | 9.08 | 28.76 | 30.08 | 52.15 | 1.33 | 1.53 | 30.76 | 32.24 | 0.06 | -25.0 | 54.71 | 0.0 | 0.16 | 0.0 | 0 | 0 | -16.73 | 0 | -16.57 | 0 | 2.76 | -1.08 | -13.97 | 0 | 0.26 | 4.61 |
| 2016 (3) | 7.77 | -16.72 | 31.91 | 18.36 | 7.89 | 143.52 | 0 | 0 | 69.66 | -6.97 | -0.9 | 0 | 4.91 | -14.01 | 7.05 | -7.57 | 19.77 | 2.28 | 1.31 | 9.17 | 23.26 | -23.61 | 0.08 | -27.27 | 54.71 | 0.0 | 0.16 | 0.0 | 0 | 0 | -15.82 | 0 | -15.66 | 0 | 2.79 | -7.31 | -13.03 | 0 | 0.25 | -0.34 |
| 2015 (2) | 9.33 | 108.26 | 26.96 | -27.97 | 3.24 | -57.59 | 0 | 0 | 74.88 | -16.86 | -5.81 | 0 | 5.71 | -32.67 | 7.63 | -19.01 | 19.33 | -44.17 | 1.2 | 7.14 | 30.45 | 32.56 | 0.11 | 57.14 | 54.71 | 0.0 | 0.16 | 0.0 | 0 | 0 | -14.95 | 0 | -14.78 | 0 | 3.01 | -43.53 | -11.94 | 0 | 0.25 | -0.99 |
| 2014 (1) | 4.48 | -66.16 | 37.43 | 10.64 | 7.64 | 174.82 | 0 | 0 | 90.07 | -11.22 | 0.03 | 0 | 8.48 | 37.22 | 9.41 | 54.55 | 34.62 | 13.51 | 1.12 | 14.29 | 22.97 | 2.36 | 0.07 | 75.0 | 54.71 | 1.24 | 0.16 | 0.0 | 0 | 0 | -9.14 | 0 | -8.97 | 0 | 5.33 | 113.2 | -3.81 | 0 | 0.25 | -2.93 |
| 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) | 10.1 | -7.42 | -20.72 | 20.25 | 15.45 | 75.02 | 0.1 | 11.11 | -70.59 | 0 | 0 | 0 | 19.66 | -0.66 | -15.88 | -0.62 | -58.97 | -63.16 | 9.25 | 1.31 | 23.99 | 11.89 | 6.15 | 39.02 | 31.37 | 18.02 | 28.94 | 6.83 | 17.56 | -7.83 | 2.16 | 0.47 | -4.85 | 0.13 | 0.0 | 0.0 | 33.72 | 0.0 | 0.0 | 0.08 | 0.0 | 0 | 0 | 0 | 0 | -0.34 | -217.24 | -261.9 | -0.26 | -170.27 | -223.81 | 0.83 | 236.07 | 219.23 | 0.49 | 253.12 | 4.26 | 0.50 | 2.85 | 4.35 |
| 24Q2 (19) | 10.91 | -10.87 | -9.54 | 17.54 | 56.47 | 48.02 | 0.09 | 0.0 | -73.53 | 0 | 0 | 0 | 19.79 | -1.93 | -10.94 | -0.39 | -162.9 | -39.29 | 9.13 | 11.61 | 10.53 | 11.20 | 14.94 | 17.26 | 26.58 | 12.63 | 13.35 | 5.81 | -10.89 | -25.03 | 2.15 | 0.0 | -6.11 | 0.13 | 8.33 | 8.33 | 33.72 | 0.0 | 0.0 | 0.08 | 0 | 0 | 0 | 0 | 0 | 0.29 | -79.72 | -50.0 | 0.37 | -74.13 | -36.21 | -0.61 | -38.64 | -200.0 | -0.32 | -132.32 | -126.89 | 0.49 | 0.85 | 1.46 |
| 24Q1 (18) | 12.24 | 6.9 | 13.02 | 11.21 | 18.5 | -18.77 | 0.09 | 0.0 | -72.73 | 0 | 0 | 0 | 20.18 | 11.06 | -1.22 | 0.62 | 3.33 | -27.91 | 8.18 | 39.35 | 0.74 | 9.75 | 39.77 | 11.2 | 23.6 | 3.92 | -13.93 | 6.52 | -11.77 | -21.16 | 2.15 | 0.0 | 0.94 | 0.12 | 0.0 | 0.0 | 33.72 | 0.0 | -29.72 | 0 | 0 | -100.0 | 0 | 0 | 0 | 1.43 | 76.54 | 110.55 | 1.43 | 76.54 | 110.67 | -0.44 | -229.41 | -167.69 | 0.99 | -13.91 | 107.67 | 0.48 | 1.05 | 1.02 |
| 23Q4 (17) | 11.45 | -10.13 | -5.06 | 9.46 | -18.24 | -28.28 | 0.09 | -73.53 | 0 | 0 | 0 | 0 | 18.17 | -22.25 | -14.33 | 0.6 | 257.89 | 253.85 | 5.87 | -21.31 | -3.14 | 6.97 | -18.47 | 10.15 | 22.71 | -6.66 | -1.43 | 7.39 | -0.27 | -1.07 | 2.15 | -5.29 | 0 | 0.12 | -7.69 | 33.33 | 33.72 | 0.0 | -29.72 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.81 | 285.71 | 105.62 | 0.81 | 285.71 | 105.68 | 0.34 | 30.77 | -50.0 | 1.15 | 144.68 | 108.37 | 0.48 | -0.43 | 2.42 |
| 23Q3 (16) | 12.74 | 5.64 | 7.06 | 11.57 | -2.36 | -25.31 | 0.34 | 0.0 | 0 | 0 | 0 | 0 | 23.37 | 5.18 | 3.36 | -0.38 | -35.71 | 52.5 | 7.46 | -9.69 | 4.92 | 8.55 | -10.47 | 14.09 | 24.33 | 3.75 | 2.44 | 7.41 | -4.39 | 6.77 | 2.27 | -0.87 | 0 | 0.13 | 8.33 | 44.44 | 33.72 | 0.0 | -29.72 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.21 | -63.79 | 101.5 | 0.21 | -63.79 | 101.52 | 0.26 | -57.38 | 136.36 | 0.47 | -60.5 | 103.38 | 0.48 | -0.0 | 5.37 |
| 23Q2 (15) | 12.06 | 11.36 | -10.47 | 11.85 | -14.13 | -30.86 | 0.34 | 3.03 | 0 | 0 | 0 | 0 | 22.22 | 8.76 | -21.79 | -0.28 | -132.56 | 26.32 | 8.26 | 1.72 | 10.87 | 9.55 | 9.01 | 23.48 | 23.45 | -14.48 | -9.21 | 7.75 | -6.29 | 3.2 | 2.29 | 7.51 | 0 | 0.12 | 0.0 | 33.33 | 33.72 | -29.72 | -29.72 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0.58 | 104.28 | 104.38 | 0.58 | 104.33 | 104.44 | 0.61 | -6.15 | 0 | 1.19 | 109.22 | 108.99 | 0.48 | 0.41 | 5.35 |
| 23Q1 (14) | 10.83 | -10.2 | -7.04 | 13.8 | 4.62 | -21.01 | 0.33 | 0 | 0 | 0 | 0 | 0 | 20.43 | -3.68 | -13.1 | 0.86 | 320.51 | 132.43 | 8.12 | 33.99 | 12.78 | 8.76 | 38.45 | 22.71 | 27.42 | 19.01 | -12.42 | 8.27 | 10.71 | 24.36 | 2.13 | 0 | 0 | 0.12 | 33.33 | 20.0 | 47.98 | 0.0 | 0.0 | 0.16 | 0.0 | 0.0 | 0 | 0 | 0 | -13.56 | 5.96 | -5.61 | -13.4 | 6.03 | -5.68 | 0.65 | -4.41 | 282.35 | -12.91 | 6.04 | -1.89 | 0.48 | 2.45 | 3.9 |
| 22Q4 (13) | 12.06 | 1.34 | 8.16 | 13.19 | -14.85 | -23.49 | 0 | 0 | 0 | 0 | 0 | 0 | 21.21 | -6.19 | 4.38 | -0.39 | 51.25 | -50.0 | 6.06 | -14.77 | -22.8 | 6.33 | -15.56 | -13.72 | 23.04 | -2.99 | -13.12 | 7.47 | 7.64 | 11.16 | 0 | 0 | 0 | 0.09 | 0.0 | 0.0 | 47.98 | 0.0 | 0.0 | 0.16 | 0.0 | 0.0 | 0 | 0 | 0 | -14.42 | -2.85 | -9.16 | -14.26 | -2.89 | -9.27 | 0.68 | 518.18 | 294.29 | -13.74 | 1.22 | -1.33 | 0.47 | 2.44 | 2.99 |
| 22Q3 (12) | 11.9 | -11.66 | 18.88 | 15.49 | -9.63 | -8.07 | 0 | 0 | -100.0 | 0 | 0 | 0 | 22.61 | -20.42 | -6.03 | -0.8 | -110.53 | -171.43 | 7.11 | -4.56 | -3.0 | 7.50 | -3.1 | 6.32 | 23.75 | -8.05 | -21.67 | 6.94 | -7.59 | 129.04 | 0 | 0 | -100.0 | 0.09 | 0.0 | 0.0 | 47.98 | 0.0 | 0.0 | 0.16 | 0.0 | 0.0 | 0 | 0 | 0 | -14.02 | -5.97 | -20.24 | -13.86 | -6.04 | -20.52 | 0.11 | 0 | -52.17 | -13.91 | -5.14 | -21.7 | 0.45 | -0.03 | 13.27 |
| 22Q2 (11) | 13.47 | 15.62 | 92.15 | 17.14 | -1.89 | -10.31 | 0 | 0 | -100.0 | 0 | 0 | 0 | 28.41 | 20.84 | -13.73 | -0.38 | -202.7 | -125.33 | 7.45 | 3.47 | -22.4 | 7.74 | 8.33 | -20.32 | 25.83 | -17.5 | -11.69 | 7.51 | 12.93 | 173.09 | 0 | 0 | -100.0 | 0.09 | -10.0 | -10.0 | 47.98 | 0.0 | 0.0 | 0.16 | 0.0 | 0.0 | 0 | 0 | 0 | -13.23 | -3.04 | -16.56 | -13.07 | -3.08 | -16.8 | 0 | -100.0 | -100.0 | -13.23 | -4.42 | -43.34 | 0.45 | -0.97 | 85.71 |
| 22Q1 (10) | 11.65 | 4.48 | 214.86 | 17.47 | 1.33 | 9.87 | 0 | 0 | -100.0 | 0 | 0 | 0 | 23.51 | 15.7 | -20.82 | 0.37 | 242.31 | -80.63 | 7.2 | -8.28 | -14.39 | 7.14 | -2.66 | -25.61 | 31.31 | 18.06 | 28.48 | 6.65 | -1.04 | 113.14 | 0 | 0 | -100.0 | 0.1 | 11.11 | 0.0 | 47.98 | 0.0 | 0.0 | 0.16 | 0.0 | 0.0 | 0 | 0 | 0 | -12.84 | 2.8 | 0.08 | -12.68 | 2.84 | 0.08 | 0.17 | 148.57 | -94.7 | -12.67 | 6.56 | -31.43 | 0.46 | 1.55 | 88.56 |
| 21Q4 (9) | 11.15 | 11.39 | 342.46 | 17.24 | 2.31 | 11.95 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 20.32 | -15.54 | 17.59 | -0.26 | -123.21 | 52.73 | 7.85 | 7.09 | 18.76 | 7.34 | 4.05 | -11.98 | 26.52 | -12.53 | 11.06 | 6.72 | 121.78 | 83.61 | 0 | -100.0 | -100.0 | 0.09 | 0.0 | -18.18 | 47.98 | 0.0 | 0.0 | 0.16 | 0.0 | 0.0 | 0 | 0 | 0 | -13.21 | -13.29 | 11.04 | -13.05 | -13.48 | 11.16 | -0.35 | -252.17 | -108.39 | -13.56 | -18.64 | -26.97 | 0.45 | 12.66 | 80.33 |
| 21Q3 (8) | 10.01 | 42.8 | 216.77 | 16.85 | -11.83 | -12.92 | 2.25 | -4.66 | 287.93 | 0 | 0 | 0 | 24.06 | -26.94 | 26.77 | 1.12 | -25.33 | 250.0 | 7.33 | -23.65 | 12.6 | 7.05 | -27.38 | -1.16 | 30.32 | 3.66 | 18.16 | 3.03 | 10.18 | -36.61 | 0.19 | -24.0 | -92.21 | 0.09 | -10.0 | -18.18 | 47.98 | 0.0 | 0.0 | 0.16 | 0.0 | 0.0 | 0 | 0 | 0 | -11.66 | -2.73 | 18.12 | -11.5 | -2.77 | 18.32 | 0.23 | -89.15 | -93.31 | -11.43 | -23.84 | -5.83 | 0.40 | 63.9 | 59.3 |
| 21Q2 (7) | 7.01 | 89.46 | 29.34 | 19.11 | 20.19 | 4.83 | 2.36 | -3.28 | 329.09 | 0 | 0 | 0 | 32.93 | 10.91 | 52.1 | 1.5 | -21.47 | 317.39 | 9.6 | 14.15 | 33.7 | 9.71 | 1.13 | 0 | 29.25 | 20.02 | 43.88 | 2.75 | -11.86 | -46.81 | 0.25 | -19.35 | -94.59 | 0.1 | 0.0 | -9.09 | 47.98 | 0.0 | 0.0 | 0.16 | 0.0 | 0.0 | 0 | 0 | 0 | -11.35 | 11.67 | 21.24 | -11.19 | 11.82 | 21.47 | 2.12 | -33.96 | -49.88 | -9.23 | 4.25 | 9.33 | 0.24 | 0.56 | 24.0 |
| 21Q1 (6) | 3.7 | 46.83 | -40.42 | 15.9 | 3.25 | -23.85 | 2.44 | -3.17 | 369.23 | 0 | 0 | 0 | 29.69 | 71.82 | 38.8 | 1.91 | 447.27 | 303.19 | 8.41 | 27.23 | 26.28 | 9.60 | 15.18 | 0 | 24.37 | 2.05 | 14.57 | 3.12 | -14.75 | -42.44 | 0.31 | -18.42 | -92.71 | 0.1 | -9.09 | -9.09 | 47.98 | 0.0 | 0.0 | 0.16 | 0.0 | 0.0 | 0 | 0 | 0 | -12.85 | 13.47 | 5.79 | -12.69 | 13.61 | 5.86 | 3.21 | -23.02 | 2.88 | -9.64 | 9.74 | 8.37 | 0.24 | -2.88 | 22.23 |
| 20Q4 (5) | 2.52 | -20.25 | -59.49 | 15.4 | -20.41 | -13.68 | 2.52 | 334.48 | 342.11 | 0 | 0 | 0 | 17.28 | -8.96 | -40.9 | -0.55 | -271.88 | 91.16 | 6.61 | 1.54 | -25.98 | 8.34 | 16.85 | 0 | 23.88 | -6.94 | 7.33 | 3.66 | -23.43 | -42.0 | 0.38 | -84.43 | -91.4 | 0.11 | 0.0 | -8.33 | 47.98 | 0.0 | 0.0 | 0.16 | 0.0 | 0.0 | 0 | 0 | 0 | -14.85 | -4.28 | -16.93 | -14.69 | -4.33 | -17.15 | 4.17 | 21.22 | -26.97 | -10.68 | 1.11 | -52.79 | 0.25 | -0.48 | 20.88 |
| 20Q3 (4) | 3.16 | -41.7 | 0.0 | 19.35 | 6.14 | 0.0 | 0.58 | 5.45 | 0.0 | 0 | 0 | 0.0 | 18.98 | -12.33 | 0.0 | 0.32 | 146.38 | 0.0 | 6.51 | -9.33 | 0.0 | 7.13 | 0 | 0.0 | 25.66 | 26.22 | 0.0 | 4.78 | -7.54 | 0.0 | 2.44 | -47.19 | 0.0 | 0.11 | 0.0 | 0.0 | 47.98 | 0.0 | 0.0 | 0.16 | 0.0 | 0.0 | 0 | 0 | 0.0 | -14.24 | 1.18 | 0.0 | -14.08 | 1.19 | 0.0 | 3.44 | -18.68 | 0.0 | -10.8 | -6.09 | 0.0 | 0.25 | 27.58 | 0.0 |
