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) | 4.11 | 4.85 | 2.6 | 550.0 | 5.59 | 816.39 | 0 | 0 | 23.24 | -10.3 | 2.67 | -27.84 | 4.69 | 7.57 | 20.18 | 19.93 | 5.06 | -32.26 | 0 | 0 | 3.37 | -55.31 | 0.04 | -55.56 | 5.34 | 3.89 | 2.35 | 9.3 | 0 | 0 | 3.41 | -9.79 | 5.76 | -2.87 | 0.8 | 90.48 | 4.21 | 0.24 | 0.00 | 0 |
| 2022 (9) | 3.92 | -24.18 | 0.4 | -80.0 | 0.61 | -50.0 | 0 | 0 | 25.91 | -9.37 | 3.7 | 34.06 | 4.36 | -10.1 | 16.83 | -0.8 | 7.47 | 0.27 | 0 | 0 | 7.54 | 121.11 | 0.09 | 0.0 | 5.14 | -5.51 | 2.15 | 20.79 | 0 | 0 | 3.78 | -1.82 | 5.93 | 5.33 | 0.42 | -73.91 | 4.2 | -23.08 | 0.00 | 0 |
| 2021 (8) | 5.17 | 7.48 | 2.0 | -16.67 | 1.22 | -44.8 | 0 | 0 | 28.59 | 26.84 | 2.76 | 81.58 | 4.85 | -2.02 | 16.96 | -22.75 | 7.45 | 28.89 | 0 | 0 | 3.41 | 13.67 | 0.09 | 28.57 | 5.44 | 20.89 | 1.78 | 15.58 | 0 | 0 | 3.85 | 61.76 | 5.63 | 43.99 | 1.61 | 312.82 | 5.46 | 97.11 | 0.00 | 0 |
| 2020 (7) | 4.81 | 181.29 | 2.4 | 1100.0 | 2.21 | 904.55 | 0 | 0 | 22.54 | 24.05 | 1.52 | 9.35 | 4.95 | 66.11 | 21.96 | 33.9 | 5.78 | 54.96 | 0 | 0 | 3.0 | -30.56 | 0.07 | 133.33 | 4.5 | 37.61 | 1.54 | 19.38 | 0 | 0 | 2.38 | -15.9 | 3.91 | -5.1 | 0.39 | -33.9 | 2.77 | -19.01 | 0.00 | 0 |
| 2019 (6) | 1.71 | 106.02 | 0.2 | -83.33 | 0.22 | 83.33 | 0 | 0 | 18.17 | 29.79 | 1.39 | 47.87 | 2.98 | 10.78 | 16.40 | -14.64 | 3.73 | 20.71 | 0 | 0 | 4.32 | 1036.84 | 0.03 | -25.0 | 3.27 | 0.0 | 1.29 | 7.5 | 0 | 0 | 2.83 | 18.41 | 4.12 | 14.76 | 0.59 | -52.8 | 3.42 | -6.04 | 0.00 | 0 |
| 2018 (5) | 0.83 | -24.55 | 1.2 | 20.0 | 0.12 | -25.0 | 0 | 0 | 14.0 | 28.79 | 0.94 | 147.37 | 2.69 | 46.2 | 19.21 | 13.51 | 3.09 | 26.64 | 0 | 0 | 0.38 | -44.12 | 0.04 | 0 | 3.27 | 0.0 | 1.2 | 3.45 | 0 | 0 | 2.39 | 31.32 | 3.59 | 20.88 | 1.25 | -39.9 | 3.64 | -6.67 | 0.00 | 0 |
| 2017 (4) | 1.1 | 44.74 | 1.0 | 0 | 0.16 | -63.64 | 0 | 0 | 10.87 | -2.77 | 0.38 | -57.3 | 1.84 | -2.13 | 16.93 | 0.66 | 2.44 | 27.75 | 0 | 0 | 0.68 | -38.74 | 0 | 0 | 3.27 | 9.0 | 1.16 | 8.41 | 0 | 0 | 1.82 | -23.85 | 2.97 | -14.16 | 2.08 | -29.97 | 3.9 | -27.24 | 0.00 | 0 |
| 2016 (3) | 0.76 | -15.56 | 0 | 0 | 0.44 | -16.98 | 0 | 0 | 11.18 | -3.2 | 0.89 | 64.81 | 1.88 | 1.62 | 16.82 | 4.98 | 1.91 | -4.02 | 0.02 | -33.33 | 1.11 | -11.9 | 0 | 0 | 3.0 | 0.0 | 1.07 | 5.94 | 0 | 0 | 2.39 | 11.68 | 3.46 | 9.49 | 2.97 | 165.18 | 5.36 | 64.42 | 0.00 | 0 |
| 2015 (2) | 0.9 | -31.3 | 0.6 | 5900.0 | 0.53 | 47.22 | 0 | 0 | 11.55 | 13.46 | 0.54 | 20.0 | 1.85 | 10.78 | 16.02 | -2.36 | 1.99 | 1.53 | 0.03 | 0 | 1.26 | -10.64 | 0 | 0 | 3.0 | 0.0 | 1.01 | 4.12 | 0 | 0 | 2.14 | 1.9 | 3.16 | 2.93 | 1.12 | 366.67 | 3.26 | 39.32 | 0.00 | 0 |
| 2014 (1) | 1.31 | -5.76 | 0.01 | 0 | 0.36 | 125.0 | 0 | 0 | 10.18 | -10.78 | 0.45 | -42.31 | 1.67 | 21.01 | 16.40 | 35.64 | 1.96 | -22.83 | 0 | 0 | 1.41 | 182.0 | 0 | 0 | 3.0 | 0.0 | 0.97 | 8.99 | 0 | 0 | 2.1 | -9.87 | 3.07 | -4.66 | 0.24 | 0 | 2.34 | 0.43 | 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) | 6.54 | 76.76 | 227.0 | 3.3 | 3.12 | 266.67 | 3.79 | 14.85 | -35.87 | 0 | 0 | 0 | 5.95 | -1.65 | 17.13 | 0.36 | -37.93 | -53.25 | 4.05 | 2.02 | 5.74 | 16.83 | -1.67 | 4.6 | 5.91 | -1.66 | 10.47 | 0 | 0 | 0 | 3.88 | 20.12 | 46.42 | 0.04 | 33.33 | -20.0 | 5.9 | 1.2 | 12.6 | 2.4 | 0.0 | 12.68 | 0 | 0 | 0 | 3.7 | 10.78 | -5.85 | 6.1 | 6.27 | 0.66 | 0.21 | -69.12 | -73.42 | 3.91 | -2.74 | -17.16 | 0.00 | 0 | 0 |
| 24Q2 (19) | 3.7 | 41.76 | 69.72 | 3.2 | 128.57 | 146.15 | 3.3 | -15.17 | -44.35 | 0 | 0 | 0 | 6.05 | 4.13 | 17.02 | 0.58 | -23.68 | 3.57 | 3.97 | 0.51 | 1.28 | 17.11 | -3.31 | 9.83 | 6.01 | -0.66 | 10.48 | 0 | 0 | 0 | 3.23 | -11.51 | 55.29 | 0.03 | -25.0 | -50.0 | 5.83 | 2.46 | 11.26 | 2.4 | 2.13 | 12.68 | 0 | 0 | 0 | 3.34 | 18.86 | 5.7 | 5.74 | 11.24 | 8.51 | 0.68 | -22.73 | -12.82 | 4.02 | 8.94 | 2.03 | 0.00 | 0 | 0 |
| 24Q1 (18) | 2.61 | -36.5 | -23.24 | 1.4 | -46.15 | 600.0 | 3.89 | -30.41 | -39.12 | 0 | 0 | 0 | 5.81 | -7.19 | -13.67 | 0.76 | 58.33 | -11.63 | 3.95 | -15.78 | -13.94 | 17.70 | -12.31 | 0.75 | 6.05 | 19.57 | 1.0 | 0 | 0 | 0 | 3.65 | 8.31 | 164.49 | 0.04 | 0.0 | -42.86 | 5.69 | 6.55 | 10.7 | 2.35 | 0.0 | 9.3 | 0 | 0 | 0 | 2.81 | -17.6 | 8.49 | 5.16 | -10.42 | 8.86 | 0.88 | 10.0 | 33.33 | 3.69 | -12.35 | 13.54 | 0.00 | 0 | 0 |
| 23Q4 (17) | 4.11 | 105.5 | 4.85 | 2.6 | 188.89 | 550.0 | 5.59 | -5.41 | 816.39 | 0 | 0 | 0 | 6.26 | 23.23 | -8.35 | 0.48 | -37.66 | -40.74 | 4.69 | 22.45 | 7.57 | 20.18 | 25.46 | 19.93 | 5.06 | -5.42 | -32.26 | 0 | 0 | 0 | 3.37 | 27.17 | -55.31 | 0.04 | -20.0 | -55.56 | 5.34 | 1.91 | 3.89 | 2.35 | 10.33 | 9.3 | 0 | 0 | 0 | 3.41 | -13.23 | -9.79 | 5.76 | -4.95 | -2.87 | 0.8 | 1.27 | 90.48 | 4.21 | -10.81 | 0.24 | 0.00 | 0 | 0 |
| 23Q3 (16) | 2.0 | -8.26 | -61.09 | 0.9 | -30.77 | 50.0 | 5.91 | -0.34 | 974.55 | 0 | 0 | 0 | 5.08 | -1.74 | -21.0 | 0.77 | 37.5 | -32.46 | 3.83 | -2.3 | -26.2 | 16.09 | 3.24 | -17.77 | 5.35 | -1.65 | -30.79 | 0 | 0 | 0 | 2.65 | 27.4 | -64.48 | 0.05 | -16.67 | -37.5 | 5.24 | 0.0 | -3.68 | 2.13 | 0.0 | 14.52 | 0 | 0 | 0 | 3.93 | 24.37 | -21.87 | 6.06 | 14.56 | -12.05 | 0.79 | 1.28 | 88.1 | 4.72 | 19.8 | -13.39 | 0.00 | 0 | 0 |
| 23Q2 (15) | 2.18 | -35.88 | -61.69 | 1.3 | 550.0 | 550.0 | 5.93 | -7.2 | 1460.53 | 0 | 0 | 0 | 5.17 | -23.18 | -15.8 | 0.56 | -34.88 | -39.78 | 3.92 | -14.6 | -6.67 | 15.58 | -11.3 | -0.84 | 5.44 | -9.18 | -23.06 | 0 | 0 | 0 | 2.08 | 50.72 | -69.99 | 0.06 | -14.29 | -25.0 | 5.24 | 1.95 | -3.68 | 2.13 | -0.93 | 14.52 | 0 | 0 | 0 | 3.16 | 22.01 | -18.77 | 5.29 | 11.6 | -8.0 | 0.78 | 18.18 | 168.97 | 3.94 | 21.23 | -5.74 | 0.00 | 0 | 0 |
| 23Q1 (14) | 3.4 | -13.27 | -60.05 | 0.2 | -50.0 | -60.0 | 6.39 | 947.54 | 983.05 | 0 | 0 | 0 | 6.73 | -1.46 | 3.38 | 0.86 | 6.17 | 4.88 | 4.59 | 5.28 | -3.37 | 17.57 | 4.39 | 2.36 | 5.99 | -19.81 | -15.87 | 0 | 0 | 0 | 1.38 | -81.7 | -82.94 | 0.07 | -22.22 | -22.22 | 5.14 | 0.0 | -5.51 | 2.15 | 0.0 | 20.79 | 0 | 0 | 0 | 2.59 | -31.48 | -14.8 | 4.74 | -20.07 | -1.66 | 0.66 | 57.14 | -33.33 | 3.25 | -22.62 | -19.35 | 0.00 | 0 | 0 |
| 22Q4 (13) | 3.92 | -23.74 | -24.18 | 0.4 | -33.33 | -80.0 | 0.61 | 10.91 | -50.0 | 0 | 0 | 0 | 6.83 | 6.22 | -8.32 | 0.81 | -28.95 | 0.0 | 4.36 | -15.99 | -10.1 | 16.83 | -13.98 | -0.8 | 7.47 | -3.36 | 0.27 | 0 | 0 | 0 | 7.54 | 1.07 | 121.11 | 0.09 | 12.5 | 0.0 | 5.14 | -5.51 | -5.51 | 2.15 | 15.59 | 20.79 | 0 | 0 | 0 | 3.78 | -24.85 | -1.82 | 5.93 | -13.93 | 5.33 | 0.42 | 0.0 | -73.91 | 4.2 | -22.94 | -23.08 | 0.00 | 0 | 0 |
| 22Q3 (12) | 5.14 | -9.67 | 5.54 | 0.6 | 200.0 | -78.57 | 0.55 | 44.74 | -72.64 | 0 | 0 | 0 | 6.43 | 4.72 | -3.02 | 1.14 | 22.58 | 37.35 | 5.19 | 23.57 | 14.82 | 19.56 | 24.5 | 21.49 | 7.73 | 9.34 | -1.28 | 0 | 0 | 0 | 7.46 | 7.65 | 139.1 | 0.08 | 0.0 | 0.0 | 5.44 | 0.0 | 5.63 | 1.86 | 0.0 | 17.72 | 0 | 0 | 0 | 5.03 | 29.31 | 31.33 | 6.89 | 19.83 | 27.12 | 0.42 | 44.83 | -40.0 | 5.45 | 30.38 | 20.31 | 0.00 | 0 | 0 |
| 22Q2 (11) | 5.69 | -33.14 | 4.79 | 0.2 | -60.0 | -92.65 | 0.38 | -35.59 | -82.57 | 0 | 0 | 0 | 6.14 | -5.68 | -13.4 | 0.93 | 13.41 | 57.63 | 4.2 | -11.58 | -10.64 | 15.71 | -8.44 | -8.47 | 7.07 | -0.7 | 9.1 | 0 | 0 | 0 | 6.93 | -14.34 | 110.0 | 0.08 | -11.11 | -11.11 | 5.44 | 0.0 | 8.15 | 1.86 | 4.49 | 17.72 | 0 | 0 | 0 | 3.89 | 27.96 | 29.24 | 5.75 | 19.29 | 25.27 | 0.29 | -70.71 | -54.69 | 4.18 | 3.72 | 14.52 | 0.00 | 0 | 0 |
| 22Q1 (10) | 8.51 | 64.6 | 63.97 | 0.5 | -75.0 | -83.92 | 0.59 | -51.64 | -73.54 | 0 | 0 | 0 | 6.51 | -12.62 | -12.26 | 0.82 | 1.23 | 51.85 | 4.75 | -2.06 | -12.84 | 17.16 | 1.16 | -20.78 | 7.12 | -4.43 | 18.27 | 0 | 0 | 0 | 8.09 | 137.24 | 124.1 | 0.09 | 0.0 | 0.0 | 5.44 | 0.0 | 20.09 | 1.78 | 0.0 | 15.58 | 0 | 0 | 0 | 3.04 | -21.04 | 23.08 | 4.82 | -14.39 | 20.5 | 0.99 | -38.51 | 50.0 | 4.03 | -26.19 | 28.75 | 0.00 | 0 | 0 |
| 21Q4 (9) | 5.17 | 6.16 | 7.48 | 2.0 | -28.57 | -16.67 | 1.22 | -39.3 | -44.8 | 0 | 0 | 0 | 7.45 | 12.37 | 7.5 | 0.81 | -2.41 | 84.09 | 4.85 | 7.3 | -2.02 | 16.96 | 5.35 | -22.75 | 7.45 | -4.85 | 28.89 | 0 | 0 | 0 | 3.41 | 9.29 | 13.67 | 0.09 | 12.5 | 28.57 | 5.44 | 5.63 | 20.89 | 1.78 | 12.66 | 15.58 | 0 | 0 | 0 | 3.85 | 0.52 | 61.76 | 5.63 | 3.87 | 43.99 | 1.61 | 130.0 | 312.82 | 5.46 | 20.53 | 97.11 | 0.00 | 0 | 0 |
| 21Q3 (8) | 4.87 | -10.31 | -3.56 | 2.8 | 2.94 | 75.0 | 2.01 | -7.8 | 813.64 | 0 | 0 | 0 | 6.63 | -6.49 | 11.62 | 0.83 | 40.68 | 107.5 | 4.52 | -3.83 | 19.89 | 16.10 | -6.19 | -15.04 | 7.83 | 20.83 | 74.39 | 0 | 0 | 0 | 3.12 | -5.45 | -34.04 | 0.08 | -11.11 | 166.67 | 5.15 | 2.39 | 22.33 | 1.58 | 0.0 | 10.49 | 0 | 0 | 0 | 3.83 | 27.24 | 55.69 | 5.42 | 18.08 | 39.33 | 0.7 | 9.38 | 45.83 | 4.53 | 24.11 | 54.08 | 0.00 | 0 | 0 |
| 21Q2 (7) | 5.43 | 4.62 | 78.62 | 2.72 | -12.54 | 172.0 | 2.18 | -2.24 | 1881.82 | 0 | 0 | 0 | 7.09 | -4.45 | 45.59 | 0.59 | 9.26 | 90.32 | 4.7 | -13.76 | 49.21 | 17.17 | -20.75 | 0 | 6.48 | 7.64 | 77.05 | 0 | 0 | 0 | 3.3 | -8.59 | -7.82 | 0.09 | 0.0 | 125.0 | 5.03 | 11.04 | 47.51 | 1.58 | 2.6 | 10.49 | 0 | 0 | 0 | 3.01 | 21.86 | 25.94 | 4.59 | 14.75 | 20.16 | 0.64 | -3.03 | 77.78 | 3.65 | 16.61 | 32.73 | 0.00 | 0 | 0 |
| 21Q1 (6) | 5.19 | 7.9 | 237.01 | 3.11 | 29.58 | 677.5 | 2.23 | 0.9 | 1615.38 | 0 | 0 | 0 | 7.42 | 7.07 | 54.58 | 0.54 | 22.73 | 45.95 | 5.45 | 10.1 | 43.8 | 21.66 | -1.36 | 0 | 6.02 | 4.15 | 66.3 | 0 | 0 | 0 | 3.61 | 20.33 | -11.08 | 0.09 | 28.57 | 200.0 | 4.53 | 0.67 | 37.69 | 1.54 | 0.0 | 19.38 | 0 | 0 | 0 | 2.47 | 3.78 | 11.26 | 4.0 | 2.3 | 13.96 | 0.66 | 69.23 | 2100.0 | 3.13 | 13.0 | 39.11 | 0.00 | 0 | 0 |
| 20Q4 (5) | 4.81 | -4.75 | 181.29 | 2.4 | 50.0 | 1100.0 | 2.21 | 904.55 | 904.55 | 0 | 0 | 0 | 6.93 | 16.67 | 61.92 | 0.44 | 10.0 | 175.0 | 4.95 | 31.3 | 66.11 | 21.96 | 15.86 | 0 | 5.78 | 28.73 | 54.96 | 0 | 0 | 0 | 3.0 | -36.58 | -30.56 | 0.07 | 133.33 | 133.33 | 4.5 | 6.89 | 37.61 | 1.54 | 7.69 | 19.38 | 0 | 0 | 0 | 2.38 | -3.25 | -15.9 | 3.91 | 0.51 | -5.1 | 0.39 | -18.75 | -33.9 | 2.77 | -5.78 | -19.01 | 0.00 | 0 | 0 |
| 20Q3 (4) | 5.05 | 66.12 | 0.0 | 1.6 | 60.0 | 0.0 | 0.22 | 100.0 | 0.0 | 0 | 0 | 0.0 | 5.94 | 21.97 | 0.0 | 0.4 | 29.03 | 0.0 | 3.77 | 19.68 | 0.0 | 18.95 | 0 | 0.0 | 4.49 | 22.68 | 0.0 | 0 | 0 | 0.0 | 4.73 | 32.12 | 0.0 | 0.03 | -25.0 | 0.0 | 4.21 | 23.46 | 0.0 | 1.43 | 0.0 | 0.0 | 0 | 0 | 0.0 | 2.46 | 2.93 | 0.0 | 3.89 | 1.83 | 0.0 | 0.48 | 33.33 | 0.0 | 2.94 | 6.91 | 0.0 | 0.00 | 0 | 0.0 |
