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) | 12.83 | 76.24 | 15.7 | 67.91 | 2.04 | -20.62 | 0 | 0 | 75.67 | -8.13 | 3.15 | -57.26 | 28.37 | 34.45 | 37.49 | 46.36 | 15.32 | -34.73 | 0 | 0 | 13.5 | -34.18 | 0.78 | -1.27 | 20.0 | 0.0 | 8.6 | 9.55 | 2.7 | -28.95 | 26.38 | 6.07 | 37.68 | 3.15 | -3.35 | 0 | 23.03 | 3.88 | 0.00 | -0.69 |
| 2022 (9) | 7.28 | 34.32 | 9.35 | -59.52 | 2.57 | -13.47 | 0 | 0 | 82.37 | -14.54 | 7.37 | 69.04 | 21.1 | -43.64 | 25.62 | -34.06 | 23.47 | 16.48 | 0 | 0 | 20.51 | -31.4 | 0.79 | -1.25 | 20.0 | 0.0 | 7.85 | 5.8 | 3.8 | 7.34 | 24.87 | 30.14 | 36.53 | 21.48 | -2.7 | 0 | 22.17 | 44.81 | 0.00 | -10.36 |
| 2021 (8) | 5.42 | -22.24 | 23.1 | 19.38 | 2.97 | 257.83 | 0 | 0 | 96.38 | 33.16 | 4.36 | 0 | 37.44 | 79.4 | 38.85 | 34.72 | 20.15 | 32.92 | 0 | 0 | 29.9 | -7.17 | 0.8 | -9.09 | 20.0 | 22.7 | 7.42 | 0.0 | 3.54 | -0.56 | 19.11 | 28.26 | 30.07 | 16.19 | -3.8 | 0 | 15.31 | 34.77 | 0.00 | -20.66 |
| 2020 (7) | 6.97 | 76.46 | 19.35 | 4.59 | 0.83 | -81.05 | 0 | 0 | 72.38 | 18.27 | -0.78 | 0 | 20.87 | 72.48 | 28.83 | 45.84 | 15.16 | -24.12 | 0 | 0 | 32.21 | 5.09 | 0.88 | -11.11 | 16.3 | 0.0 | 7.42 | 0.95 | 3.56 | 77.11 | 14.9 | -14.61 | 25.88 | -3.43 | -3.54 | 0 | 11.36 | -16.47 | 0.00 | 1.18 |
| 2019 (6) | 3.95 | 10.34 | 18.5 | 8.19 | 4.38 | -35.49 | 0 | 0 | 61.2 | -9.14 | 0.7 | -36.94 | 12.1 | -11.55 | 19.77 | -2.65 | 19.98 | 0.0 | 0 | 0 | 30.65 | -16.87 | 0.99 | -12.39 | 16.3 | -0.24 | 7.35 | 1.52 | 2.01 | 7.49 | 17.45 | -0.17 | 26.8 | 0.83 | -3.85 | 0 | 13.6 | -12.09 | 0.00 | 3.09 |
| 2018 (5) | 3.58 | -35.14 | 17.1 | -20.47 | 6.79 | 0 | 0 | 0 | 67.36 | 12.74 | 1.11 | -49.08 | 13.68 | 28.09 | 20.31 | 13.62 | 19.98 | 6.73 | 2.57 | 358.93 | 36.87 | -3.83 | 1.13 | -5.04 | 16.34 | -0.12 | 7.24 | 3.13 | 1.87 | 133.75 | 17.48 | -3.85 | 26.58 | 2.23 | -2.01 | 0 | 15.47 | -5.09 | 0.00 | -0.81 |
| 2017 (4) | 5.52 | -17.61 | 21.5 | 86.15 | 0 | 0 | 0 | 0 | 59.75 | -3.55 | 2.18 | -70.78 | 10.68 | -20.42 | 17.87 | -17.49 | 18.72 | 59.05 | 0.56 | -82.77 | 38.34 | -1.21 | 1.19 | -9.16 | 16.36 | 0.0 | 7.02 | 11.96 | 0.8 | 0.0 | 18.18 | -1.46 | 26.0 | 1.88 | -1.88 | 0 | 16.3 | -10.78 | 0.00 | 0 |
| 2016 (3) | 6.7 | 73.58 | 11.55 | 5.48 | 0 | 0 | 0 | 0 | 61.95 | -8.59 | 7.46 | 19.55 | 13.42 | -11.24 | 21.66 | -2.9 | 11.77 | -7.69 | 3.25 | -0.61 | 38.81 | 79.59 | 1.31 | 11.97 | 16.36 | 0.12 | 6.27 | 10.97 | 0.8 | 0.0 | 18.45 | 38.83 | 25.52 | 29.28 | -0.18 | 0 | 18.27 | 19.1 | 0.00 | 0 |
| 2015 (2) | 3.86 | -85.13 | 10.95 | -17.42 | 2.0 | 0 | 0 | 0 | 67.77 | 9.84 | 6.24 | 0.32 | 15.12 | 9.57 | 22.31 | -0.25 | 12.75 | 26.11 | 3.27 | 528.85 | 21.61 | 127.47 | 1.17 | 88.71 | 16.34 | 0.25 | 5.65 | 12.33 | 0.8 | 0.0 | 13.29 | 9.93 | 19.74 | 10.22 | 2.05 | -14.58 | 15.34 | 5.87 | 0.00 | 0 |
| 2014 (1) | 25.95 | -16.18 | 13.26 | 7.98 | 0 | 0 | 0 | 0 | 61.7 | 4.08 | 6.22 | -31.27 | 13.8 | 13.11 | 22.37 | 8.68 | 10.11 | 18.52 | 0.52 | 8.33 | 9.5 | 12.16 | 0.62 | 3.33 | 16.3 | 0.0 | 5.03 | 22.09 | 0.8 | -42.03 | 12.09 | -10.77 | 17.91 | -6.03 | 2.4 | 700.0 | 14.49 | 4.62 | 0.00 | 0 |
| 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) | 10.59 | -22.64 | -13.41 | 11.7 | -13.97 | 20.62 | 0.32 | -74.19 | -86.89 | 0 | 0 | 0 | 18.11 | -11.36 | -10.57 | 0.75 | -64.79 | -47.55 | 25.76 | -5.57 | -14.36 | 32.34 | -3.04 | -22.89 | 16.13 | 5.42 | -5.89 | 0 | 0 | 0 | 7.68 | 27.36 | -51.18 | 0.76 | -2.56 | -3.8 | 20.0 | 0.0 | 0.0 | 8.92 | 0.0 | 3.72 | 3.35 | 0.0 | 24.07 | 28.16 | 2.77 | 11.48 | 40.42 | 1.89 | 10.56 | -1.42 | -61.36 | 7.19 | 26.74 | 0.83 | 12.68 | 0.00 | -0.28 | -5.08 |
| 24Q2 (19) | 13.69 | -29.61 | 136.85 | 13.6 | -36.74 | 2.26 | 1.24 | -24.39 | -51.75 | 0 | 0 | 0 | 20.43 | 2.77 | 6.8 | 2.13 | 45.89 | 113.0 | 27.28 | -9.22 | 8.0 | 33.35 | -10.66 | -8.7 | 15.3 | 11.19 | -18.88 | 0 | 0 | 0 | 6.03 | -19.28 | -46.3 | 0.78 | 0.0 | -1.27 | 20.0 | 0.0 | 0.0 | 8.92 | 3.72 | 3.72 | 3.35 | 24.07 | 24.07 | 27.4 | 4.46 | 15.03 | 39.67 | 5.67 | 12.92 | -0.88 | 37.14 | 74.57 | 26.52 | 6.81 | 30.26 | 0.00 | -3.39 | -9.13 |
| 24Q1 (18) | 19.45 | 51.6 | 108.92 | 21.5 | 36.94 | 95.45 | 1.64 | -19.61 | -36.19 | 0 | 0 | 0 | 19.88 | -6.4 | 32.09 | 1.46 | 31.53 | 465.0 | 30.05 | 5.92 | 39.9 | 37.33 | -0.43 | 29.45 | 13.76 | -10.18 | -36.27 | 0 | 0 | 0 | 7.47 | -44.67 | -49.73 | 0.78 | 0.0 | 0.0 | 20.0 | 0.0 | 0.0 | 8.6 | 0.0 | 9.55 | 2.7 | 0.0 | -28.95 | 26.23 | -0.57 | 16.73 | 37.54 | -0.37 | 10.02 | -1.4 | 58.21 | 44.22 | 24.83 | 7.82 | 24.4 | 0.00 | -2.39 | -6.02 |
| 23Q4 (17) | 12.83 | 4.91 | 76.24 | 15.7 | 61.86 | 67.91 | 2.04 | -16.39 | -20.62 | 0 | 0 | 0 | 21.24 | 4.89 | 22.77 | 1.11 | -22.38 | 326.92 | 28.37 | -5.68 | 34.45 | 37.49 | -10.6 | 46.38 | 15.32 | -10.62 | -34.73 | 0 | 0 | 0 | 13.5 | -14.18 | -34.18 | 0.78 | -1.27 | -1.27 | 20.0 | 0.0 | 0.0 | 8.6 | 0.0 | 9.55 | 2.7 | 0.0 | -28.95 | 26.38 | 4.43 | 6.07 | 37.68 | 3.06 | 3.15 | -3.35 | -118.95 | -24.07 | 23.03 | -2.95 | 3.88 | 0.00 | 0.94 | -0.69 |
| 23Q3 (16) | 12.23 | 111.59 | 66.39 | 9.7 | -27.07 | 0.0 | 2.44 | -5.06 | -3.17 | 0 | 0 | 0 | 20.25 | 5.85 | 14.6 | 1.43 | 43.0 | -38.63 | 30.08 | 19.08 | 13.42 | 41.94 | 14.8 | 41.24 | 17.14 | -9.12 | -30.78 | 0 | 0 | 0 | 15.73 | 40.07 | -27.31 | 0.79 | 0.0 | -3.66 | 20.0 | 0.0 | 0.0 | 8.6 | 0.0 | 9.55 | 2.7 | 0.0 | -28.95 | 25.26 | 6.05 | 3.02 | 36.56 | 4.07 | 1.08 | -1.53 | 55.78 | 21.13 | 23.73 | 16.55 | 5.09 | 0.00 | -4.53 | -1.07 |
| 23Q2 (15) | 5.78 | -37.92 | 9.06 | 13.3 | 20.91 | -29.29 | 2.57 | 0.0 | 10.3 | 0 | 0 | 0 | 19.13 | 27.11 | -21.82 | 1.0 | 350.0 | -71.67 | 25.26 | 17.6 | -26.78 | 36.53 | 26.68 | 5.73 | 18.86 | -12.64 | -21.32 | 0 | 0 | 0 | 11.23 | -24.43 | -43.17 | 0.79 | 1.28 | -2.47 | 20.0 | 0.0 | 0.0 | 8.6 | 9.55 | 9.55 | 2.7 | -28.95 | -28.95 | 23.82 | 6.01 | 7.35 | 35.13 | 2.96 | 3.81 | -3.46 | -37.85 | -34.11 | 20.36 | 2.0 | 3.82 | 0.00 | -0.08 | -0.58 |
| 23Q1 (14) | 9.31 | 27.88 | 164.49 | 11.0 | 17.65 | -44.02 | 2.57 | 0.0 | 21.23 | 0 | 0 | 0 | 15.05 | -13.01 | -34.39 | -0.4 | -253.85 | -132.26 | 21.48 | 1.8 | -32.85 | 28.84 | 12.58 | -10.52 | 21.59 | -8.01 | -0.83 | 0 | 0 | 0 | 14.86 | -27.55 | -38.01 | 0.78 | -1.27 | -2.5 | 20.0 | 0.0 | 0.0 | 7.85 | 0.0 | 5.8 | 3.8 | 0.0 | 7.34 | 22.47 | -9.65 | 16.12 | 34.12 | -6.6 | 12.57 | -2.51 | 7.04 | -11.56 | 19.96 | -9.97 | 16.73 | 0.00 | 3.14 | -5.02 |
| 22Q4 (13) | 7.28 | -0.95 | 34.32 | 9.35 | -3.61 | -59.52 | 2.57 | 1.98 | -13.47 | 0 | 0 | 0 | 17.3 | -2.09 | -28.63 | 0.26 | -88.84 | -79.2 | 21.1 | -20.44 | -43.64 | 25.61 | -13.73 | -34.07 | 23.47 | -5.21 | 16.48 | 0 | 0 | 0 | 20.51 | -5.22 | -31.4 | 0.79 | -3.66 | -1.25 | 20.0 | 0.0 | 0.0 | 7.85 | 0.0 | 5.8 | 3.8 | 0.0 | 7.34 | 24.87 | 1.43 | 30.14 | 36.53 | 1.0 | 21.48 | -2.7 | -39.18 | 28.95 | 22.17 | -1.82 | 44.81 | 0.00 | 0.56 | -10.36 |
| 22Q3 (12) | 7.35 | 38.68 | 77.11 | 9.7 | -48.43 | -60.5 | 2.52 | 8.15 | 49.11 | 0 | 0 | 0 | 17.67 | -27.79 | -37.36 | 2.33 | -33.99 | 55.33 | 26.52 | -23.13 | -15.03 | 29.69 | -14.06 | -10.55 | 24.76 | 3.3 | 28.16 | 0 | 0 | 0 | 21.64 | 9.51 | -8.96 | 0.82 | 1.23 | 0.0 | 20.0 | 0.0 | 0.0 | 7.85 | 0.0 | 5.8 | 3.8 | 0.0 | 7.34 | 24.52 | 10.5 | 37.21 | 36.17 | 6.89 | 25.46 | -1.94 | 24.81 | 54.03 | 22.58 | 15.15 | 65.42 | 0.00 | -4.06 | -13.13 |
| 22Q2 (11) | 5.3 | 50.57 | 6.85 | 18.81 | -4.27 | -31.15 | 2.33 | 9.91 | -38.85 | 0 | 0 | 0 | 24.47 | 6.67 | 2.47 | 3.53 | 184.68 | 246.08 | 34.5 | 7.85 | 31.68 | 34.55 | 7.21 | 15.62 | 23.97 | 10.11 | 11.64 | 0 | 0 | 0 | 19.76 | -17.56 | -28.43 | 0.81 | 1.25 | -3.57 | 20.0 | 0.0 | 22.7 | 7.85 | 5.8 | 5.8 | 3.8 | 7.34 | 6.74 | 22.19 | 14.68 | 35.72 | 33.84 | 11.65 | 23.82 | -2.58 | -14.67 | 37.53 | 19.61 | 14.68 | 60.47 | 0.00 | -4.55 | -25.06 |
| 22Q1 (10) | 3.52 | -35.06 | -38.99 | 19.65 | -14.94 | -13.28 | 2.12 | -28.62 | -75.12 | 0 | 0 | 0 | 22.94 | -5.36 | 14.41 | 1.24 | -0.8 | 110.17 | 31.99 | -14.56 | 24.47 | 32.23 | -17.04 | -1.34 | 21.77 | 8.04 | 26.79 | 0 | 0 | 0 | 23.97 | -19.83 | -7.38 | 0.8 | 0.0 | -8.05 | 20.0 | 0.0 | 22.7 | 7.42 | 0.0 | 0.0 | 3.54 | 0.0 | -0.56 | 19.35 | 1.26 | 26.14 | 30.31 | 0.8 | 15.2 | -2.25 | 40.79 | 38.19 | 17.1 | 11.69 | 46.15 | 0.00 | -2.66 | -22.28 |
| 21Q4 (9) | 5.42 | 30.6 | -22.24 | 23.1 | -5.94 | 19.38 | 2.97 | 75.74 | 257.83 | 0 | 0 | 0 | 24.24 | -14.07 | 10.74 | 1.25 | -16.67 | 22.55 | 37.44 | 19.96 | 79.4 | 38.85 | 17.04 | 34.71 | 20.15 | 4.3 | 32.92 | 0 | 0 | 0 | 29.9 | 25.79 | -7.17 | 0.8 | -2.44 | -9.09 | 20.0 | 0.0 | 22.7 | 7.42 | 0.0 | 0.0 | 3.54 | 0.0 | -0.56 | 19.11 | 6.94 | 28.26 | 30.07 | 4.3 | 16.19 | -3.8 | 9.95 | -7.34 | 15.31 | 12.16 | 34.77 | 0.00 | -2.54 | -20.66 |
| 21Q3 (8) | 4.15 | -16.33 | -36.54 | 24.56 | -10.1 | 40.34 | 1.69 | -55.64 | -62.78 | 0 | 0 | 0 | 28.21 | 18.13 | 29.05 | 1.5 | 47.06 | 733.33 | 31.21 | 19.12 | 86.33 | 33.19 | 11.08 | 28.01 | 19.32 | -10.01 | 30.36 | 0 | 0 | 0 | 23.77 | -13.91 | -20.87 | 0.82 | -2.38 | -9.89 | 20.0 | 22.7 | 22.7 | 7.42 | 0.0 | 0.0 | 3.54 | -0.56 | -0.56 | 17.87 | 9.3 | 28.93 | 28.83 | 5.49 | 16.06 | -4.22 | -2.18 | -1.2 | 13.65 | 11.7 | 40.87 | 0.00 | -17.24 | -21.23 |
| 21Q2 (7) | 4.96 | -14.04 | -7.46 | 27.32 | 20.56 | 56.11 | 3.81 | -55.28 | 144.23 | 0 | 0 | 0 | 23.88 | 19.1 | 60.48 | 1.02 | 72.88 | 218.6 | 26.2 | 1.95 | 141.47 | 29.88 | -8.52 | 0 | 21.47 | 25.04 | 20.55 | 0 | 0 | 0 | 27.61 | 6.68 | -15.49 | 0.84 | -3.45 | -10.64 | 16.3 | 0.0 | 0.0 | 7.42 | 0.0 | 0.0 | 3.56 | 0.0 | 0.0 | 16.35 | 6.58 | 19.52 | 27.33 | 3.88 | 10.83 | -4.13 | -13.46 | 13.05 | 12.22 | 4.44 | 36.84 | 0.00 | -1.0 | -6.24 |
| 21Q1 (6) | 5.77 | -17.22 | 0.87 | 22.66 | 17.11 | 37.33 | 8.52 | 926.51 | 278.67 | 0 | 0 | 0 | 20.05 | -8.41 | 45.92 | 0.59 | -42.16 | 152.68 | 25.7 | 23.14 | 175.46 | 32.66 | 13.27 | 0 | 17.17 | 13.26 | -5.76 | 0 | 0 | 0 | 25.88 | -19.65 | -22.33 | 0.87 | -1.14 | -10.31 | 16.3 | 0.0 | 0.0 | 7.42 | 0.0 | 0.95 | 3.56 | 0.0 | 106.98 | 15.34 | 2.95 | -6.8 | 26.31 | 1.66 | 3.1 | -3.64 | -2.82 | 9.0 | 11.7 | 2.99 | -6.1 | 0.00 | -0.63 | -2.2 |
| 20Q4 (5) | 6.97 | 6.57 | 76.46 | 19.35 | 10.57 | 4.59 | 0.83 | -81.72 | -81.05 | 0 | 0 | 0 | 21.89 | 0.14 | 55.03 | 1.02 | 466.67 | 10100.0 | 20.87 | 24.6 | 72.48 | 28.84 | 11.22 | 0 | 15.16 | 2.29 | -24.12 | 0 | 0 | 0 | 32.21 | 7.22 | 5.09 | 0.88 | -3.3 | -11.11 | 16.3 | 0.0 | 0.0 | 7.42 | 0.0 | 0.95 | 3.56 | 0.0 | 77.11 | 14.9 | 7.5 | -14.61 | 25.88 | 4.19 | -3.43 | -3.54 | 15.11 | 8.05 | 11.36 | 17.23 | -16.47 | 0.00 | -3.24 | 1.18 |
| 20Q3 (4) | 6.54 | 22.01 | 0.0 | 17.5 | 0.0 | 0.0 | 4.54 | 191.03 | 0.0 | 0 | 0 | 0.0 | 21.86 | 46.91 | 0.0 | 0.18 | 120.93 | 0.0 | 16.75 | 54.38 | 0.0 | 25.93 | 0 | 0.0 | 14.82 | -16.79 | 0.0 | 0 | 0 | 0.0 | 30.04 | -8.05 | 0.0 | 0.91 | -3.19 | 0.0 | 16.3 | 0.0 | 0.0 | 7.42 | 0.0 | 0.0 | 3.56 | 0.0 | 0.0 | 13.86 | 1.32 | 0.0 | 24.84 | 0.73 | 0.0 | -4.17 | 12.21 | 0.0 | 9.69 | 8.51 | 0.0 | 0.00 | -1.49 | 0.0 |
