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) | 5.95 | 135.18 | 0.02 | -99.31 | 0 | 0 | 0 | 0 | 14.29 | -1.45 | 2.45 | 5.15 | 2.0 | -33.55 | 14.00 | -32.58 | 5.15 | -21.37 | 0 | 0 | 5.6 | 193.19 | 0.31 | -11.43 | 4.96 | 0.0 | 1.94 | 10.23 | 0.01 | 0.0 | 1.09 | 4.81 | 3.04 | 7.8 | 0.03 | 0 | 1.12 | 8.74 | 0.00 | 0 |
| 2022 (9) | 2.53 | -23.1 | 2.88 | -28.18 | 1.02 | -71.59 | 0 | 0 | 14.5 | 0.55 | 2.33 | 56.38 | 3.01 | -7.67 | 20.76 | -8.18 | 6.55 | 3.8 | 0 | 0 | 1.91 | 11.7 | 0.35 | 2.94 | 4.96 | 10.22 | 1.76 | 14.29 | 0.01 | -66.67 | 1.04 | -18.11 | 2.82 | -0.35 | -0.01 | 0 | 1.03 | -17.6 | 0.00 | 0 |
| 2021 (8) | 3.29 | -0.3 | 4.01 | 31.48 | 3.59 | 9.12 | 0 | 0 | 14.42 | 35.78 | 1.49 | 39.25 | 3.26 | 55.24 | 22.61 | 14.33 | 6.31 | 35.7 | 0 | 0 | 1.71 | 52.68 | 0.34 | 41.67 | 4.5 | 0.0 | 1.54 | 16.67 | 0.03 | 50.0 | 1.27 | -6.62 | 2.83 | 4.81 | -0.02 | 0 | 1.25 | -6.72 | 0.00 | 0 |
| 2020 (7) | 3.3 | 41.63 | 3.05 | 6.64 | 3.29 | 867.65 | 0 | 0 | 10.62 | -5.01 | 1.07 | -29.14 | 2.1 | -12.5 | 19.77 | -7.89 | 4.65 | -3.93 | 0 | 0 | 1.12 | -72.0 | 0.24 | 14.29 | 4.5 | 0.0 | 1.32 | 13.79 | 0.02 | 100.0 | 1.36 | -17.07 | 2.7 | -3.91 | -0.02 | 0 | 1.34 | -17.28 | 0.00 | 0 |
| 2019 (6) | 2.33 | 43.83 | 2.86 | -40.79 | 0.34 | -41.38 | 0 | 0 | 11.18 | 2.66 | 1.51 | -8.48 | 2.4 | -13.36 | 21.47 | -15.6 | 4.84 | 5.91 | 0 | 0 | 4.0 | 153.16 | 0.21 | 5.0 | 4.5 | 0.0 | 1.16 | 16.0 | 0.01 | 0 | 1.64 | -1.2 | 2.81 | 5.64 | -0.02 | 0 | 1.62 | -1.82 | 0.00 | 0 |
| 2018 (5) | 1.62 | 40.87 | 4.83 | 26.44 | 0.58 | -10.77 | 0 | 0 | 10.89 | 14.99 | 1.65 | 39.83 | 2.77 | 20.96 | 25.44 | 5.19 | 4.57 | 9.59 | 0 | 0 | 1.58 | -15.96 | 0.2 | 5.26 | 4.5 | 0.0 | 1.0 | 13.64 | 0 | 0 | 1.66 | 32.8 | 2.66 | 24.88 | -0.01 | 0 | 1.65 | 32.0 | 0.00 | 0 |
| 2017 (4) | 1.15 | -11.54 | 3.82 | 81.9 | 0.65 | 1.56 | 0 | 0 | 9.47 | 22.67 | 1.18 | 90.32 | 2.29 | 52.67 | 24.18 | 24.45 | 4.17 | 27.91 | 0 | 0 | 1.88 | -25.69 | 0.19 | 35.71 | 4.5 | 0.0 | 0.88 | 7.32 | 0 | 0 | 1.25 | 83.82 | 2.13 | 42.0 | 0 | 0 | 1.25 | 83.82 | 0.00 | 0 |
| 2016 (3) | 1.3 | -14.47 | 2.1 | -7.49 | 0.64 | 137.04 | 0 | 0 | 7.72 | 18.59 | 0.62 | -4.62 | 1.5 | 5.63 | 19.43 | -10.92 | 3.26 | 46.19 | 0 | 0 | 2.53 | 17.67 | 0.14 | 600.0 | 4.5 | 3.93 | 0.82 | 9.33 | 0 | 0 | 0.68 | -8.11 | 1.5 | 0.0 | 0 | 0 | 0.68 | -9.33 | 0.00 | 0 |
| 2015 (2) | 1.52 | 31.03 | 2.27 | 10.73 | 0.27 | 35.0 | 0 | 0 | 6.51 | -7.4 | 0.65 | -13.33 | 1.42 | 6.77 | 21.81 | 15.3 | 2.23 | 4.21 | 0 | 0 | 2.15 | 31.1 | 0.02 | 100.0 | 4.33 | 0.0 | 0.75 | 10.29 | 0 | 0 | 0.74 | -10.84 | 1.5 | -0.66 | 0.01 | 0.0 | 0.75 | -10.71 | 0.00 | 0 |
| 2014 (1) | 1.16 | -19.44 | 2.05 | -17.34 | 0.2 | 81.82 | 0 | 0 | 7.03 | 26.67 | 0.75 | 66.67 | 1.33 | 52.87 | 18.92 | 20.69 | 2.14 | 25.15 | 0 | 0 | 1.64 | 65.66 | 0.01 | 0 | 4.33 | 5.1 | 0.68 | 7.94 | 0 | 0 | 0.83 | 72.92 | 1.51 | 29.06 | 0.01 | 0.0 | 0.84 | 71.43 | 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) | 6.5 | -3.56 | 54.03 | 1.98 | 4.21 | -37.74 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.6 | -11.56 | -35.0 | 0.06 | -76.0 | -92.86 | 1.86 | -21.19 | -32.85 | 15.86 | -11.78 | -15.79 | 4.66 | -1.06 | -15.27 | 0 | 0 | 0 | 5.7 | 0.53 | 367.21 | 0.36 | 20.0 | 12.5 | 4.96 | 0.0 | 0.0 | 2.04 | 0.99 | 9.68 | 0 | 0 | -100.0 | 0.98 | 4.26 | -57.58 | 3.02 | 2.03 | -27.92 | 0.3 | 42.86 | 3100.0 | 1.28 | 11.3 | -44.35 | 0.00 | 0 | 0 |
| 24Q2 (19) | 6.74 | 23.44 | 154.34 | 1.9 | 128.92 | -43.11 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.94 | 0.0 | -28.81 | 0.25 | -39.02 | -69.88 | 2.36 | -3.28 | -16.61 | 17.97 | 5.49 | -9.49 | 4.71 | -4.85 | -24.64 | 0 | 0 | 0 | 5.67 | 0.71 | 293.75 | 0.3 | 0.0 | -11.76 | 4.96 | 0.0 | 0.0 | 2.02 | 2.54 | 14.12 | 0 | 100.0 | -100.0 | 0.94 | 23.68 | -39.74 | 2.96 | 9.63 | -11.38 | 0.21 | 200.0 | 1150.0 | 1.15 | 38.55 | -25.32 | 0.00 | 0 | 0 |
| 24Q1 (18) | 5.46 | -8.24 | 129.41 | 0.83 | 4050.0 | -72.15 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.94 | -9.54 | 1.38 | 0.41 | 20.59 | -6.82 | 2.44 | 22.0 | 5.63 | 17.04 | 21.66 | 4.82 | 4.95 | -3.88 | -26.12 | 0 | 0 | 0 | 5.63 | 0.54 | 237.13 | 0.3 | -3.23 | -11.76 | 4.96 | 0.0 | 0.0 | 1.97 | 1.55 | 13.87 | -0.03 | -400.0 | -400.0 | 0.76 | -30.28 | -1.3 | 2.7 | -11.18 | 7.57 | 0.07 | 133.33 | 800.0 | 0.83 | -25.89 | 9.21 | 0.00 | 0 | 0 |
| 23Q4 (17) | 5.95 | 41.0 | 135.18 | 0.02 | -99.37 | -99.31 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 3.25 | -18.75 | -11.68 | 0.34 | -59.52 | -2.86 | 2.0 | -27.8 | -33.55 | 14.01 | -25.62 | -32.53 | 5.15 | -6.36 | -21.37 | 0 | 0 | 0 | 5.6 | 359.02 | 193.19 | 0.31 | -3.12 | -11.43 | 4.96 | 0.0 | 0.0 | 1.94 | 4.3 | 10.23 | 0.01 | -50.0 | 0.0 | 1.09 | -52.81 | 4.81 | 3.04 | -27.45 | 7.8 | 0.03 | 400.0 | 400.0 | 1.12 | -51.3 | 8.74 | 0.00 | 0 | 0 |
| 23Q3 (16) | 4.22 | 59.25 | 96.28 | 3.18 | -4.79 | -7.56 | 0.97 | 1.04 | -7.62 | 0 | 0 | 0 | 4.0 | -3.15 | 12.99 | 0.84 | 1.2 | 13.51 | 2.77 | -2.12 | -5.78 | 18.83 | -5.18 | -4.5 | 5.5 | -12.0 | -23.72 | 0 | 0 | 0 | 1.22 | -15.28 | -43.26 | 0.32 | -5.88 | -5.88 | 4.96 | 0.0 | -5.7 | 1.86 | 5.08 | 10.06 | 0.02 | 100.0 | 100.0 | 2.31 | 48.08 | 4.52 | 4.19 | 25.45 | 6.89 | -0.01 | 50.0 | 0.0 | 2.3 | 49.35 | 4.55 | 0.00 | 0 | 0 |
| 23Q2 (15) | 2.65 | 11.34 | 36.6 | 3.34 | 12.08 | -6.7 | 0.96 | -3.03 | -60.33 | 0 | 0 | 0 | 4.13 | 42.41 | 0.98 | 0.83 | 88.64 | 0.0 | 2.83 | 22.51 | -10.73 | 19.86 | 22.17 | -3.9 | 6.25 | -6.72 | -10.07 | 0 | 0 | 0 | 1.44 | -13.77 | 2.13 | 0.34 | 0.0 | -2.86 | 4.96 | 0.0 | 1.85 | 1.77 | 2.31 | 9.94 | 0.01 | 0.0 | 0.0 | 1.56 | 102.6 | 0.0 | 3.34 | 33.07 | 5.03 | -0.02 | -100.0 | -100.0 | 1.54 | 102.63 | -0.65 | 0.00 | 0 | 0 |
| 23Q1 (14) | 2.38 | -5.93 | -11.19 | 2.98 | 3.47 | -10.78 | 0.99 | -2.94 | -72.58 | 0 | 0 | 0 | 2.9 | -21.2 | -9.09 | 0.44 | 25.71 | 7.32 | 2.31 | -23.26 | -9.41 | 16.26 | -21.69 | -6.93 | 6.7 | 2.29 | -0.3 | 0 | 0 | 0 | 1.67 | -12.57 | 7.74 | 0.34 | -2.86 | 0.0 | 4.96 | 0.0 | 10.22 | 1.73 | -1.7 | 10.19 | 0.01 | 0.0 | -50.0 | 0.77 | -25.96 | 1.32 | 2.51 | -10.99 | 7.26 | -0.01 | 0.0 | 0.0 | 0.76 | -26.21 | 1.33 | 0.00 | 0 | 0 |
| 22Q4 (13) | 2.53 | 17.67 | -23.1 | 2.88 | -16.28 | -28.18 | 1.02 | -2.86 | -71.59 | 0 | 0 | 0 | 3.68 | 3.95 | -10.02 | 0.35 | -52.7 | 34.62 | 3.01 | 2.38 | -7.67 | 20.76 | 5.28 | -8.18 | 6.55 | -9.15 | 3.8 | 0 | 0 | 0 | 1.91 | -11.16 | 11.7 | 0.35 | 2.94 | 2.94 | 4.96 | -5.7 | 10.22 | 1.76 | 4.14 | 14.29 | 0.01 | 0.0 | -66.67 | 1.04 | -52.94 | -18.11 | 2.82 | -28.06 | -0.35 | -0.01 | 0.0 | 50.0 | 1.03 | -53.18 | -17.6 | 0.00 | 0 | 0 |
| 22Q3 (12) | 2.15 | 10.82 | -32.18 | 3.44 | -3.91 | -27.73 | 1.05 | -56.61 | -70.17 | 0 | 0 | 0 | 3.54 | -13.45 | -10.83 | 0.74 | -10.84 | 54.17 | 2.94 | -7.26 | -6.07 | 19.72 | -4.58 | -16.02 | 7.21 | 3.74 | 9.74 | 0 | 0 | 0 | 2.15 | 52.48 | 32.72 | 0.34 | -2.86 | 9.68 | 5.26 | 8.01 | 16.89 | 1.69 | 4.97 | 19.01 | 0.01 | 0.0 | -50.0 | 2.21 | 41.67 | 38.12 | 3.92 | 23.27 | 29.37 | -0.01 | 0.0 | 66.67 | 2.2 | 41.94 | 40.13 | 0.00 | 0 | 0 |
| 22Q2 (11) | 1.94 | -27.61 | -37.01 | 3.58 | 7.19 | -23.83 | 2.42 | -32.96 | -27.76 | 0 | 0 | 0 | 4.09 | 28.21 | 22.09 | 0.83 | 102.44 | 112.82 | 3.17 | 24.31 | 19.62 | 20.66 | 18.32 | -6.11 | 6.95 | 3.42 | 16.03 | 0 | 0 | 0 | 1.41 | -9.03 | 28.18 | 0.35 | 2.94 | 16.67 | 4.87 | 8.22 | 8.22 | 1.61 | 2.55 | 21.97 | 0.01 | -50.0 | -50.0 | 1.56 | 105.26 | 27.87 | 3.18 | 35.9 | 24.22 | -0.01 | 0.0 | 50.0 | 1.55 | 106.67 | 29.17 | 0.00 | 0 | 0 |
| 22Q1 (10) | 2.68 | -18.54 | -29.1 | 3.34 | -16.71 | -17.12 | 3.61 | 0.56 | 9.39 | 0 | 0 | 0 | 3.19 | -22.0 | 5.98 | 0.41 | 57.69 | 10.81 | 2.55 | -21.78 | 11.84 | 17.47 | -22.74 | -15.58 | 6.72 | 6.5 | 29.73 | 0 | 0 | 0 | 1.55 | -9.36 | 50.49 | 0.34 | 0.0 | 13.33 | 4.5 | 0.0 | 0.0 | 1.57 | 1.95 | 18.94 | 0.02 | -33.33 | 0.0 | 0.76 | -40.16 | -8.43 | 2.34 | -17.31 | 7.83 | -0.01 | 50.0 | 50.0 | 0.75 | -40.0 | -7.41 | 0.00 | 0 | 0 |
| 21Q4 (9) | 3.29 | 3.79 | -0.3 | 4.01 | -15.76 | 31.48 | 3.59 | 1.99 | 9.12 | 0 | 0 | 0 | 4.09 | 3.02 | 36.33 | 0.26 | -45.83 | -16.13 | 3.26 | 4.15 | 55.24 | 22.61 | -3.72 | 14.22 | 6.31 | -3.96 | 35.7 | 0 | 0 | 0 | 1.71 | 5.56 | 52.68 | 0.34 | 9.68 | 41.67 | 4.5 | 0.0 | 0.0 | 1.54 | 8.45 | 16.67 | 0.03 | 50.0 | 50.0 | 1.27 | -20.62 | -6.62 | 2.83 | -6.6 | 4.81 | -0.02 | 33.33 | 0.0 | 1.25 | -20.38 | -6.72 | 0.00 | 0 | 0 |
| 21Q3 (8) | 3.17 | 2.92 | 43.44 | 4.76 | 1.28 | 94.29 | 3.52 | 5.07 | 7.32 | 0 | 0 | 0 | 3.97 | 18.51 | 48.13 | 0.48 | 23.08 | 77.78 | 3.13 | 18.11 | 50.48 | 23.48 | 6.68 | 18.42 | 6.57 | 9.68 | 39.19 | 0 | 0 | 0 | 1.62 | 47.27 | 33.88 | 0.31 | 3.33 | 34.78 | 4.5 | 0.0 | 0.0 | 1.42 | 7.58 | 7.58 | 0.02 | 0.0 | 0.0 | 1.6 | 31.15 | 45.45 | 3.03 | 18.36 | 24.18 | -0.03 | -50.0 | 0.0 | 1.57 | 30.83 | 46.73 | 0.00 | 0 | 0 |
| 21Q2 (7) | 3.08 | -18.52 | 86.67 | 4.7 | 16.63 | 113.64 | 3.35 | 1.52 | 830.56 | 0 | 0 | 0 | 3.35 | 11.3 | 43.78 | 0.39 | 5.41 | 116.67 | 2.65 | 16.23 | 29.27 | 22.01 | 6.38 | 0 | 5.99 | 15.64 | 29.93 | 0 | 0 | 0 | 1.1 | 6.8 | -73.81 | 0.3 | 0.0 | 30.43 | 4.5 | 0.0 | 0.0 | 1.32 | 0.0 | 0.0 | 0.02 | 0.0 | 0.0 | 1.22 | 46.99 | 46.99 | 2.56 | 17.97 | 17.97 | -0.02 | 0.0 | 33.33 | 1.2 | 48.15 | 50.0 | 0.00 | 0 | 0 |
| 21Q1 (6) | 3.78 | 14.55 | 98.95 | 4.03 | 32.13 | 87.44 | 3.3 | 0.3 | 931.25 | 0 | 0 | 0 | 3.01 | 0.33 | 15.77 | 0.37 | 19.35 | 19.35 | 2.28 | 8.57 | -5.0 | 20.69 | 4.53 | 0 | 5.18 | 11.4 | 9.05 | 0 | 0 | 0 | 1.03 | -8.04 | -73.79 | 0.3 | 25.0 | 42.86 | 4.5 | 0.0 | 0.0 | 1.32 | 0.0 | 13.79 | 0.02 | 0.0 | 100.0 | 0.83 | -38.97 | 1.22 | 2.17 | -19.63 | 9.05 | -0.02 | 0.0 | 33.33 | 0.81 | -39.55 | 2.53 | 0.00 | 0 | 0 |
| 20Q4 (5) | 3.3 | 49.32 | 41.63 | 3.05 | 24.49 | 6.64 | 3.29 | 0.3 | 867.65 | 0 | 0 | 0 | 3.0 | 11.94 | 4.17 | 0.31 | 14.81 | -3.12 | 2.1 | 0.96 | -12.5 | 19.79 | -0.18 | 0 | 4.65 | -1.48 | -3.93 | 0 | 0 | 0 | 1.12 | -7.44 | -72.0 | 0.24 | 4.35 | 14.29 | 4.5 | 0.0 | 0.0 | 1.32 | 0.0 | 13.79 | 0.02 | 0.0 | 100.0 | 1.36 | 23.64 | -17.07 | 2.7 | 10.66 | -3.91 | -0.02 | 33.33 | 0.0 | 1.34 | 25.23 | -17.28 | 0.00 | 0 | 0 |
| 20Q3 (4) | 2.21 | 33.94 | 0.0 | 2.45 | 11.36 | 0.0 | 3.28 | 811.11 | 0.0 | 0 | 0 | 0.0 | 2.68 | 15.02 | 0.0 | 0.27 | 50.0 | 0.0 | 2.08 | 1.46 | 0.0 | 19.83 | 0 | 0.0 | 4.72 | 2.39 | 0.0 | 0 | 0 | 0.0 | 1.21 | -71.19 | 0.0 | 0.23 | 0.0 | 0.0 | 4.5 | 0.0 | 0.0 | 1.32 | 0.0 | 0.0 | 0.02 | 0.0 | 0.0 | 1.1 | 32.53 | 0.0 | 2.44 | 12.44 | 0.0 | -0.03 | 0.0 | 0.0 | 1.07 | 33.75 | 0.0 | 0.00 | 0 | 0.0 |
