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) | 2.39 | -33.8 | 17.02 | -15.37 | 2.71 | 30.29 | 0 | 0 | 93.65 | -15.21 | 0.53 | -74.88 | 12.22 | 16.71 | 13.05 | 37.65 | 21.34 | 2.99 | 0 | 0 | 13.1 | -8.07 | 0.07 | 0.0 | 19.03 | 4.96 | 0.83 | 33.87 | 1.56 | 0.0 | 3.24 | -15.4 | 5.63 | -6.48 | 8.48 | -0.47 | 11.72 | -5.1 | 0.07 | -11.83 |
| 2022 (9) | 3.61 | -19.06 | 20.11 | 48.41 | 2.08 | 8.33 | 0 | 0 | 110.45 | 8.02 | 2.11 | -54.13 | 10.47 | -7.35 | 9.48 | -14.22 | 20.72 | 3.6 | 0 | 0 | 14.25 | 32.56 | 0.07 | 250.0 | 18.13 | 0.0 | 0.62 | 287.5 | 1.56 | 0.0 | 3.83 | -21.52 | 6.02 | -8.79 | 8.52 | 14.82 | 12.35 | 0.41 | 0.07 | -5.72 |
| 2021 (8) | 4.46 | 220.86 | 13.55 | -24.93 | 1.92 | 9.71 | 0 | 0 | 102.25 | 34.52 | 4.6 | 191.14 | 11.3 | 58.93 | 11.05 | 18.15 | 20.0 | -19.39 | 0 | 0 | 10.75 | -10.57 | 0.02 | 0.0 | 18.13 | 0.0 | 0.16 | 0 | 1.56 | 18.18 | 4.88 | 205.0 | 6.6 | 126.03 | 7.42 | 7.38 | 12.3 | 44.54 | 0.08 | -41.24 |
| 2020 (7) | 1.39 | -29.8 | 18.05 | -28.77 | 1.75 | 280.43 | 0 | 0 | 76.01 | -4.44 | 1.58 | 0 | 7.11 | -6.2 | 9.35 | -1.84 | 24.81 | 29.42 | 0 | 0 | 12.02 | 121.77 | 0.02 | -33.33 | 18.13 | 0.0 | 0 | 0 | 1.32 | -15.38 | 1.6 | 0 | 2.92 | 121.21 | 6.91 | -9.08 | 8.51 | 68.18 | 0.13 | -2.39 |
| 2019 (6) | 1.98 | -28.78 | 25.34 | 19.36 | 0.46 | -76.65 | 0 | 0 | 79.54 | -2.31 | -2.54 | 0 | 7.58 | -26.05 | 9.53 | -24.3 | 19.17 | -8.67 | 0 | 0 | 5.42 | -50.82 | 0.03 | 200.0 | 18.13 | 0.0 | 2.3 | -8.0 | 1.56 | 0.0 | -2.54 | 0 | 1.32 | -65.8 | 7.6 | -2.19 | 5.06 | -33.16 | 0.14 | 6.91 |
| 2018 (5) | 2.78 | -54.2 | 21.23 | 32.52 | 1.97 | 30.46 | 0 | 0 | 81.42 | 54.61 | -1.97 | 0 | 10.25 | 34.51 | 12.59 | -13.0 | 20.99 | 21.33 | 0 | 0 | 11.02 | 45.38 | 0.01 | 0 | 18.13 | 0.0 | 2.5 | 0.4 | 1.56 | 0.0 | -0.2 | 0 | 3.86 | -34.58 | 7.77 | -27.59 | 7.57 | -39.78 | 0.13 | 14.03 |
| 2017 (4) | 6.07 | 10.77 | 16.02 | 307.63 | 1.51 | -40.78 | 0 | 0 | 52.66 | 10.63 | 0.11 | -90.27 | 7.62 | 177.09 | 14.47 | 150.47 | 17.3 | 160.54 | 0 | 0 | 7.58 | 97.91 | 0 | 0 | 18.13 | 5.04 | 2.49 | 5.06 | 1.56 | 0.0 | 1.84 | -33.81 | 5.9 | -12.2 | 10.73 | 73.06 | 12.57 | 39.98 | 0.11 | -12.11 |
| 2016 (3) | 5.48 | 79.67 | 3.93 | -63.61 | 2.55 | 0.0 | 0 | 0 | 47.6 | -40.68 | 1.13 | 0 | 2.75 | -63.04 | 5.78 | -37.69 | 6.64 | -28.76 | 0 | 0 | 3.83 | -40.06 | 0 | 0 | 17.26 | 0.0 | 2.37 | 0.0 | 1.56 | 0.0 | 2.78 | 71.6 | 6.72 | 20.86 | 6.2 | 0 | 8.98 | 454.32 | 0.13 | -3.04 |
| 2015 (2) | 3.05 | 44.55 | 10.8 | -57.13 | 2.55 | 16.44 | 0 | 0 | 80.24 | -26.65 | -2.0 | 0 | 7.44 | -26.7 | 9.27 | -0.06 | 9.32 | -60.86 | 0 | 0 | 6.39 | -20.42 | 0 | 0 | 17.26 | 0.0 | 2.37 | 0.0 | 1.56 | 0.0 | 1.62 | -56.68 | 5.56 | -27.6 | 0 | 0 | 1.62 | -56.68 | 0.13 | 7.45 |
| 2014 (1) | 2.11 | 59.85 | 25.19 | 73.37 | 2.19 | 0.0 | 0 | 0 | 109.4 | -7.62 | -1.53 | 0 | 10.15 | -13.02 | 9.28 | -5.85 | 23.81 | 19.77 | 0 | 0 | 8.03 | -21.43 | 0 | 0 | 17.26 | 0.0 | 2.37 | 0.0 | 1.56 | 0.0 | 3.74 | -29.3 | 7.68 | -16.79 | 0 | 0 | 3.74 | -29.3 | 0.12 | 6.09 |
| 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) | 3.4 | 49.12 | 16.44 | 17.84 | -12.38 | -16.67 | 4.12 | -8.24 | 42.56 | 0 | 0 | 0 | 24.83 | 8.0 | 15.76 | -0.16 | -300.0 | -1700.0 | 9.78 | -1.81 | 6.65 | 10.13 | -5.24 | 3.24 | 21.56 | -12.78 | -16.95 | 0.77 | 0 | 0 | 10.39 | -2.99 | -14.56 | 0.06 | 0.0 | -14.29 | 19.03 | 0.0 | 0.0 | 0.88 | 0.0 | 6.02 | 1.56 | 0.0 | 0.0 | 3.57 | -4.29 | 1.13 | 6.02 | -2.59 | 1.69 | 10.01 | 0.91 | 22.52 | 13.58 | -0.51 | 16.07 | 0.06 | -1.72 | -10.44 |
| 24Q2 (19) | 2.28 | -44.66 | -38.87 | 20.36 | 6.6 | 4.09 | 4.49 | 57.54 | 65.07 | 0 | 0 | 0 | 22.99 | 0.83 | 1.5 | 0.08 | -82.61 | -73.33 | 9.96 | -1.29 | 9.57 | 10.69 | -1.65 | 20.29 | 24.72 | 5.33 | 10.46 | 0 | 0 | 0 | 10.71 | -18.31 | -22.5 | 0.06 | 0.0 | -14.29 | 19.03 | 0.0 | 0.0 | 0.88 | 6.02 | 6.02 | 1.56 | 0.0 | 0.0 | 3.73 | 0.81 | 5.97 | 6.18 | 1.31 | 4.57 | 9.92 | 18.94 | 18.38 | 13.65 | 13.37 | 14.71 | 0.06 | -5.04 | -10.0 |
| 24Q1 (18) | 4.12 | 72.38 | 4.04 | 19.1 | 12.22 | -21.01 | 2.85 | 5.17 | 19.25 | 0 | 0 | 0 | 22.8 | -12.17 | -3.35 | 0.46 | 264.29 | -9.8 | 10.09 | -17.43 | -16.27 | 10.87 | -16.73 | -3.54 | 23.47 | 9.98 | 0.21 | 0 | 0 | 0 | 13.11 | 0.08 | -7.68 | 0.06 | -14.29 | -14.29 | 19.03 | 0.0 | 4.96 | 0.83 | 0.0 | 33.87 | 1.56 | 0.0 | 0.0 | 3.7 | 14.2 | -14.75 | 6.1 | 8.35 | -6.44 | 8.34 | -1.65 | -4.58 | 12.04 | 2.73 | -7.95 | 0.06 | -2.61 | -9.97 |
| 23Q4 (17) | 2.39 | -18.15 | -33.8 | 17.02 | -20.5 | -15.37 | 2.71 | -6.23 | 30.29 | 0 | 0 | 0 | 25.96 | 21.03 | 0.62 | -0.28 | -2900.0 | -221.74 | 12.22 | 33.26 | 16.71 | 13.05 | 33.03 | 37.64 | 21.34 | -17.8 | 2.99 | 0 | 0 | 0 | 13.1 | 7.73 | -8.07 | 0.07 | 0.0 | 0.0 | 19.03 | 0.0 | 4.96 | 0.83 | 0.0 | 33.87 | 1.56 | 0.0 | 0.0 | 3.24 | -8.22 | -15.4 | 5.63 | -4.9 | -6.48 | 8.48 | 3.79 | -0.47 | 11.72 | 0.17 | -5.1 | 0.07 | -1.47 | -11.83 |
| 23Q3 (16) | 2.92 | -21.72 | -35.4 | 21.41 | 9.46 | -7.16 | 2.89 | 6.25 | 63.28 | 0 | 0 | 0 | 21.45 | -5.3 | -29.16 | 0.01 | -96.67 | -98.18 | 9.17 | 0.88 | -27.22 | 9.81 | 10.41 | -10.45 | 25.96 | 16.0 | 17.15 | 0 | 0 | 0 | 12.16 | -12.01 | -18.55 | 0.07 | 0.0 | 16.67 | 19.03 | 0.0 | 4.96 | 0.83 | 0.0 | 33.87 | 1.56 | 0.0 | 0.0 | 3.53 | 0.28 | -1.67 | 5.92 | 0.17 | 2.6 | 8.17 | -2.51 | -1.33 | 11.7 | -1.68 | -1.43 | 0.07 | -1.24 | -14.04 |
| 23Q2 (15) | 3.73 | -5.81 | -25.4 | 19.56 | -19.11 | -12.6 | 2.72 | 13.81 | 32.04 | 0 | 0 | 0 | 22.65 | -3.98 | -17.03 | 0.3 | -41.18 | -41.18 | 9.09 | -24.56 | 8.47 | 8.88 | -21.14 | 16.16 | 22.38 | -4.44 | -2.27 | 0 | 0 | 0 | 13.82 | -2.68 | 34.17 | 0.07 | 0.0 | 16.67 | 19.03 | 4.96 | 4.96 | 0.83 | 33.87 | 33.87 | 1.56 | 0.0 | 0.0 | 3.52 | -18.89 | 15.79 | 5.91 | -9.36 | 13.22 | 8.38 | -4.12 | 9.69 | 11.9 | -9.02 | 11.42 | 0.07 | -5.0 | -17.09 |
| 23Q1 (14) | 3.96 | 9.7 | -15.38 | 24.18 | 20.24 | 38.81 | 2.39 | 14.9 | 15.46 | 0 | 0 | 0 | 23.59 | -8.57 | -12.82 | 0.51 | 121.74 | -37.8 | 12.05 | 15.09 | 16.2 | 11.26 | 18.82 | 15.58 | 23.42 | 13.03 | -1.89 | 0 | 0 | 0 | 14.2 | -0.35 | 38.67 | 0.07 | 0.0 | 250.0 | 18.13 | 0.0 | 0.0 | 0.62 | 0.0 | 287.5 | 1.56 | 0.0 | 0.0 | 4.34 | 13.32 | -23.86 | 6.52 | 8.31 | -12.25 | 8.74 | 2.58 | 12.63 | 13.08 | 5.91 | -2.82 | 0.07 | -4.63 | -5.99 |
| 22Q4 (13) | 3.61 | -20.13 | -19.06 | 20.11 | -12.79 | 48.41 | 2.08 | 17.51 | 8.33 | 0 | 0 | 0 | 25.8 | -14.8 | -15.1 | 0.23 | -58.18 | -82.71 | 10.47 | -16.9 | -7.35 | 9.48 | -13.45 | -14.22 | 20.72 | -6.5 | 3.6 | 0 | 0 | 0 | 14.25 | -4.55 | 32.56 | 0.07 | 16.67 | 250.0 | 18.13 | 0.0 | 0.0 | 0.62 | 0.0 | 287.5 | 1.56 | 0.0 | 0.0 | 3.83 | 6.69 | -21.52 | 6.02 | 4.33 | -8.79 | 8.52 | 2.9 | 14.82 | 12.35 | 4.04 | 0.41 | 0.07 | -3.93 | -5.72 |
| 22Q3 (12) | 4.52 | -9.6 | -30.03 | 23.06 | 3.04 | 72.09 | 1.77 | -14.08 | 2.31 | 0 | 0 | 0 | 30.28 | 10.92 | 22.0 | 0.55 | 7.84 | -27.63 | 12.6 | 50.36 | 29.1 | 10.95 | 43.22 | 3.8 | 22.16 | -3.23 | 14.7 | 0 | 0 | 0 | 14.93 | 44.95 | 32.48 | 0.06 | 0.0 | 200.0 | 18.13 | 0.0 | 0.0 | 0.62 | 0.0 | 287.5 | 1.56 | 0.0 | 0.0 | 3.59 | 18.09 | 0.84 | 5.77 | 10.54 | 9.28 | 8.28 | 8.38 | 20.88 | 11.87 | 11.14 | 14.02 | 0.08 | -4.75 | -8.26 |
| 22Q2 (11) | 5.0 | 6.84 | 6.16 | 22.38 | 28.47 | 53.92 | 2.06 | -0.48 | 5.64 | 0 | 0 | 0 | 27.3 | 0.89 | 13.14 | 0.51 | -37.8 | -69.82 | 8.38 | -19.19 | 44.23 | 7.65 | -21.53 | 10.46 | 22.9 | -4.06 | 14.79 | 0 | 0 | 0 | 10.3 | 0.59 | -8.85 | 0.06 | 200.0 | 100.0 | 18.13 | 0.0 | 0.0 | 0.62 | 287.5 | 0 | 1.56 | 0.0 | 18.18 | 3.04 | -46.67 | -26.03 | 5.22 | -29.74 | -3.87 | 7.64 | -1.55 | 14.2 | 10.68 | -20.65 | -1.11 | 0.08 | 7.72 | -29.05 |
| 22Q1 (10) | 4.68 | 4.93 | 7.09 | 17.42 | 28.56 | 2.89 | 2.07 | 7.81 | 8.38 | 0 | 0 | 0 | 27.06 | -10.96 | 18.11 | 0.82 | -38.35 | 1.23 | 10.37 | -8.23 | 54.55 | 9.75 | -11.81 | 16.42 | 23.87 | 19.35 | 6.75 | 0 | 0 | 0 | 10.24 | -4.74 | -12.93 | 0.02 | 0.0 | 0.0 | 18.13 | 0.0 | 0.0 | 0.16 | 0.0 | 0 | 1.56 | 0.0 | 18.18 | 5.7 | 16.8 | 136.51 | 7.43 | 12.58 | 98.66 | 7.76 | 4.58 | 15.82 | 13.46 | 9.43 | 47.75 | 0.08 | -4.36 | -42.52 |
| 21Q4 (9) | 4.46 | -30.96 | 220.86 | 13.55 | 1.12 | -24.93 | 1.92 | 10.98 | 9.71 | 0 | 0 | 0 | 30.39 | 22.44 | 47.31 | 1.33 | 75.0 | 111.11 | 11.3 | 15.78 | 58.93 | 11.05 | 4.73 | 18.13 | 20.0 | 3.52 | -19.39 | 0 | 0 | 0 | 10.75 | -4.61 | -10.57 | 0.02 | 0.0 | 0.0 | 18.13 | 0.0 | 0.0 | 0.16 | 0.0 | 0 | 1.56 | 0.0 | 18.18 | 4.88 | 37.08 | 205.0 | 6.6 | 25.0 | 126.03 | 7.42 | 8.32 | 7.38 | 12.3 | 18.16 | 44.54 | 0.08 | -6.52 | -41.24 |
| 21Q3 (8) | 6.46 | 37.15 | 156.35 | 13.4 | -7.84 | -13.44 | 1.73 | -11.28 | -1.7 | 0 | 0 | 0 | 24.82 | 2.86 | 52.83 | 0.76 | -55.03 | 216.67 | 9.76 | 67.99 | 119.33 | 10.55 | 52.4 | 82.12 | 19.32 | -3.16 | -12.22 | 0 | 0 | 0 | 11.27 | -0.27 | -4.17 | 0.02 | -33.33 | 0.0 | 18.13 | 0.0 | 0.0 | 0.16 | 0 | 0 | 1.56 | 18.18 | 18.18 | 3.56 | -13.38 | 274.74 | 5.28 | -2.76 | 132.6 | 6.85 | 2.39 | 14.17 | 10.41 | -3.61 | 49.78 | 0.08 | -26.33 | -40.13 |
| 21Q2 (7) | 4.71 | 7.78 | 19.85 | 14.54 | -14.12 | -15.22 | 1.95 | 2.09 | 36.36 | 0 | 0 | 0 | 24.13 | 5.33 | 18.46 | 1.69 | 108.64 | 244.9 | 5.81 | -13.41 | -10.48 | 6.92 | -17.29 | 0 | 19.95 | -10.78 | 11.02 | 0 | 0 | 0 | 11.3 | -3.91 | -7.38 | 0.03 | 50.0 | 50.0 | 18.13 | 0.0 | 0.0 | 0 | 0 | 0 | 1.32 | 0.0 | 0.0 | 4.11 | 70.54 | 487.14 | 5.43 | 45.19 | 167.49 | 6.69 | -0.15 | 22.08 | 10.8 | 18.55 | 74.76 | 0.11 | -12.73 | -20.7 |
| 21Q1 (6) | 4.37 | 214.39 | 59.49 | 16.93 | -6.2 | -43.47 | 1.91 | 9.14 | 324.44 | 0 | 0 | 0 | 22.91 | 11.05 | 22.12 | 0.81 | 28.57 | 285.71 | 6.71 | -5.63 | -33.96 | 8.37 | -10.51 | 0 | 22.36 | -9.88 | -4.08 | 0 | 0 | 0 | 11.76 | -2.16 | 121.47 | 0.02 | 0.0 | -33.33 | 18.13 | 0.0 | 0.0 | 0 | 0 | -100.0 | 1.32 | 0.0 | -15.38 | 2.41 | 50.62 | 203.43 | 3.74 | 28.08 | 144.44 | 6.7 | -3.04 | 49.55 | 9.11 | 7.05 | 323.72 | 0.13 | -2.23 | -11.97 |
| 20Q4 (5) | 1.39 | -44.84 | -29.8 | 18.05 | 16.6 | -28.77 | 1.75 | -0.57 | 280.43 | 0 | 0 | 0 | 20.63 | 27.03 | -3.73 | 0.63 | 162.5 | 164.95 | 7.11 | 59.78 | -6.2 | 9.36 | 61.46 | 0 | 24.81 | 12.72 | 29.42 | 0 | 0 | 0 | 12.02 | 2.21 | 121.77 | 0.02 | 0.0 | -33.33 | 18.13 | 0.0 | 0.0 | 0 | 0 | -100.0 | 1.32 | 0.0 | -15.38 | 1.6 | 68.42 | 162.99 | 2.92 | 28.63 | 121.21 | 6.91 | 15.17 | -9.08 | 8.51 | 22.45 | 68.18 | 0.13 | -4.75 | -2.39 |
| 20Q3 (4) | 2.52 | -35.88 | 0.0 | 15.48 | -9.74 | 0.0 | 1.76 | 23.08 | 0.0 | 0 | 0 | 0.0 | 16.24 | -20.27 | 0.0 | 0.24 | -51.02 | 0.0 | 4.45 | -31.43 | 0.0 | 5.79 | 0 | 0.0 | 22.01 | 22.48 | 0.0 | 0 | 0 | 0.0 | 11.76 | -3.61 | 0.0 | 0.02 | 0.0 | 0.0 | 18.13 | 0.0 | 0.0 | 0 | 0 | 0.0 | 1.32 | 0.0 | 0.0 | 0.95 | 35.71 | 0.0 | 2.27 | 11.82 | 0.0 | 6.0 | 9.49 | 0.0 | 6.95 | 12.46 | 0.0 | 0.14 | -2.42 | 0.0 |
