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) | 17.97 | 27.09 | 74.1 | -0.7 | 5.5 | 114.01 | 0 | 0 | 78.52 | 5.94 | 1.34 | 0 | 15.11 | 25.29 | 19.24 | 18.27 | 226.64 | 27.07 | 42.65 | -6.26 | 119.77 | 24.93 | 0.02 | 0.0 | 83.39 | 0.0 | 1.77 | 0.0 | 23.03 | 0.0 | -8.7 | 0 | 16.1 | 8.86 | 1.16 | -42.57 | -7.54 | 0 | 0.00 | 0 |
| 2022 (9) | 14.14 | -56.33 | 74.62 | -15.86 | 2.57 | -47.87 | 0 | 0 | 74.12 | -8.24 | -10.24 | 0 | 12.06 | -36.59 | 16.27 | -30.9 | 178.36 | 31.33 | 45.5 | -12.2 | 95.87 | 30.68 | 0.02 | 0.0 | 83.39 | 0.0 | 1.77 | -54.5 | 23.03 | 0.0 | -10.0 | 0 | 14.79 | -40.36 | 2.02 | 44.29 | -7.98 | 0 | 0.00 | 0 |
| 2021 (8) | 32.38 | -18.48 | 88.69 | 28.67 | 4.93 | -37.52 | 0 | 0 | 80.78 | -16.68 | -2.43 | 0 | 19.02 | -14.29 | 23.55 | 2.87 | 135.81 | 36.29 | 51.82 | 351.79 | 73.36 | 41.38 | 0.02 | 0.0 | 83.39 | 0.0 | 3.89 | 11.46 | 23.03 | 0.0 | -2.12 | 0 | 24.8 | -22.43 | 1.4 | -20.45 | -0.72 | 0 | 0.00 | 0 |
| 2020 (7) | 39.72 | 60.68 | 68.93 | -7.08 | 7.89 | -72.94 | 0 | 0 | 96.95 | -12.75 | 8.44 | -25.7 | 22.19 | -6.05 | 22.89 | 7.68 | 99.65 | 16.45 | 11.47 | -13.17 | 51.89 | 937.8 | 0.02 | 0.0 | 83.39 | 0.0 | 3.49 | 39.6 | 23.03 | 0.0 | 5.45 | -19.5 | 31.97 | -1.02 | 1.76 | 175.0 | 7.21 | -2.7 | 0.00 | 0 |
| 2019 (6) | 24.72 | -12.59 | 74.18 | 12.34 | 29.16 | 297.28 | 0 | 0 | 111.12 | 6.39 | 11.36 | 520.77 | 23.62 | 4.88 | 21.26 | -1.41 | 85.57 | 1.7 | 13.21 | 85.27 | 5.0 | -81.88 | 0.02 | 0.0 | 83.39 | 0.0 | 2.5 | 44.51 | 23.03 | 0.0 | 6.77 | 280.34 | 32.3 | 21.7 | 0.64 | -79.02 | 7.41 | 53.42 | 0.00 | 0 |
| 2018 (5) | 28.28 | 0.75 | 66.03 | -21.71 | 7.34 | 15.96 | 0 | 0 | 104.45 | -7.78 | 1.83 | -71.09 | 22.52 | 11.1 | 21.56 | 20.47 | 84.14 | -4.51 | 7.13 | -1.25 | 27.59 | 294.71 | 0.02 | 100.0 | 83.39 | 0.0 | 1.73 | 57.27 | 23.03 | 0.0 | 1.78 | -71.88 | 26.54 | -12.87 | 3.05 | -29.72 | 4.83 | -54.73 | 0.00 | 0 |
| 2017 (4) | 28.07 | 9.56 | 84.34 | 11.71 | 6.33 | 285.98 | 0 | 0 | 113.26 | 9.76 | 6.33 | -38.3 | 20.27 | -3.98 | 17.90 | -12.52 | 88.11 | 9.85 | 7.22 | -5.37 | 6.99 | 21.99 | 0.01 | 0.0 | 83.39 | 0.0 | 1.1 | 1275.0 | 23.03 | 0.0 | 6.33 | -38.54 | 30.46 | -8.83 | 4.34 | -19.78 | 10.67 | -32.08 | 0.00 | 0 |
| 2016 (3) | 25.62 | -28.56 | 75.5 | 3.18 | 1.64 | 0.0 | 0 | 0 | 103.19 | -5.07 | 10.26 | 26.67 | 21.11 | 14.6 | 20.46 | 20.72 | 80.21 | 4.47 | 7.63 | 1.6 | 5.73 | -22.15 | 0.01 | 0.0 | 83.39 | 0.0 | 0.08 | 0 | 23.03 | 0.0 | 10.3 | 1203.8 | 33.41 | 40.26 | 5.41 | -49.72 | 15.71 | 36.02 | 0.00 | 0 |
| 2015 (2) | 35.86 | 30.83 | 73.17 | 45.87 | 1.64 | -87.79 | 0 | 0 | 108.7 | -12.03 | 8.1 | 141.79 | 18.42 | -6.02 | 16.95 | 6.84 | 76.78 | 33.21 | 7.51 | 39.85 | 7.36 | 0 | 0.01 | 0.0 | 83.39 | -1.3 | 0 | 0 | 23.03 | 0.0 | 0.79 | 0 | 23.82 | 21.04 | 10.76 | -16.07 | 11.55 | 111.54 | 0.00 | 0 |
| 2014 (1) | 27.41 | 35.02 | 50.16 | 4.65 | 13.43 | 1.82 | 0 | 0 | 123.57 | -5.97 | 3.35 | -27.02 | 19.6 | -11.31 | 15.86 | -5.68 | 57.64 | -1.99 | 5.37 | -8.21 | 0 | 0 | 0.01 | 0.0 | 84.49 | -3.98 | 4.0 | 12.68 | 23.03 | 0.0 | -7.36 | 0 | 19.68 | -49.11 | 12.82 | 43.88 | 5.46 | -74.01 | 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) | 13.66 | -18.3 | -24.86 | 77.49 | 8.9 | 1.02 | 1.25 | -77.27 | -50.0 | 0 | 0 | 0 | 87.78 | 266.51 | 314.64 | 26.01 | 378.12 | 43450.0 | 25.59 | 39.38 | 84.9 | 16.93 | -22.04 | -9.46 | 251.37 | -7.67 | 18.87 | 43.87 | -2.86 | 0.25 | 116.34 | -14.96 | 5.26 | 0.02 | 0.0 | 0.0 | 83.39 | 0.0 | 0.0 | 1.77 | 0.0 | 0.0 | 23.03 | 0.0 | 0.0 | 22.81 | 812.81 | 338.1 | 47.6 | 120.37 | 212.95 | 3.2 | -9.6 | 8.47 | 26.01 | 7550.0 | 492.31 | 0.00 | 0 | 0 |
| 24Q2 (19) | 16.72 | 6.91 | 0.84 | 71.16 | -2.6 | -7.95 | 5.5 | 0.0 | 120.0 | 0 | 0 | 0 | 23.95 | 21.33 | 16.66 | 5.44 | 10780.0 | 428.16 | 18.36 | 9.74 | 37.43 | 21.71 | 5.3 | 15.69 | 272.25 | 12.38 | 35.75 | 45.16 | 7.91 | 0.85 | 136.81 | 7.5 | 31.51 | 0.02 | 0.0 | 0.0 | 83.39 | 0.0 | 0.0 | 1.77 | 0.0 | 0.0 | 23.03 | 0.0 | 0.0 | -3.2 | 62.96 | 66.39 | 21.6 | 33.75 | 41.36 | 3.54 | 13.83 | 398.59 | 0.34 | 106.15 | 103.86 | 0.00 | 0 | 0 |
| 24Q1 (18) | 15.64 | -12.97 | 17.77 | 73.06 | -1.4 | -2.7 | 5.5 | 0.0 | 57.14 | 0 | 0 | 0 | 19.74 | 0.25 | 15.3 | 0.05 | -94.57 | 109.09 | 16.73 | 10.72 | 24.66 | 20.62 | 7.15 | 12.46 | 242.26 | 6.89 | 28.79 | 41.85 | -1.88 | -8.36 | 127.27 | 6.26 | 31.08 | 0.02 | 0.0 | 0.0 | 83.39 | 0.0 | 0.0 | 1.77 | 0.0 | 0.0 | 23.03 | 0.0 | 0.0 | -8.64 | 0.69 | 18.1 | 16.15 | 0.31 | 13.41 | 3.11 | 168.1 | 32.91 | -5.53 | 26.66 | 32.64 | 0.00 | 0 | 0 |
| 23Q4 (17) | 17.97 | -1.16 | 27.09 | 74.1 | -3.4 | -0.7 | 5.5 | 120.0 | 114.01 | 0 | 0 | 0 | 19.69 | -6.99 | 29.54 | 0.92 | 1633.33 | 118.97 | 15.11 | 9.18 | 25.29 | 19.25 | 2.93 | 18.27 | 226.64 | 7.17 | 27.07 | 42.65 | -2.54 | -6.26 | 119.77 | 8.36 | 24.93 | 0.02 | 0.0 | 0.0 | 83.39 | 0.0 | 0.0 | 1.77 | 0.0 | 0.0 | 23.03 | 0.0 | 0.0 | -8.7 | 9.19 | 13.0 | 16.1 | 5.85 | 8.86 | 1.16 | -60.68 | -42.57 | -7.54 | -13.73 | 5.51 | 0.00 | 0 | 0 |
| 23Q3 (16) | 18.18 | 9.65 | 24.35 | 76.71 | -0.78 | -2.86 | 2.5 | 0.0 | -29.97 | 0 | 0 | 0 | 21.17 | 3.12 | 15.49 | -0.06 | -105.83 | 92.41 | 13.84 | 3.59 | -3.35 | 18.70 | -0.38 | 0.2 | 211.47 | 5.45 | 23.01 | 43.76 | -2.28 | -11.81 | 110.53 | 6.25 | 23.35 | 0.02 | 0.0 | 0.0 | 83.39 | 0.0 | 0.0 | 1.77 | 0.0 | 0.0 | 23.03 | 0.0 | 0.0 | -9.58 | -0.63 | -77.74 | 15.21 | -0.46 | -21.64 | 2.95 | 315.49 | 10.49 | -6.63 | 24.74 | -143.75 | 0.00 | 0 | 0 |
| 23Q2 (15) | 16.58 | 24.85 | 28.93 | 77.31 | 2.96 | 0.21 | 2.5 | -28.57 | -15.25 | 0 | 0 | 0 | 20.53 | 19.92 | -8.92 | 1.03 | 287.27 | 162.05 | 13.36 | -0.45 | -36.83 | 18.77 | 2.36 | -28.94 | 200.55 | 6.62 | 26.69 | 44.78 | -1.95 | -10.96 | 104.03 | 7.15 | 22.26 | 0.02 | 0.0 | 0.0 | 83.39 | 0.0 | 0.0 | 1.77 | 0.0 | 0.0 | 23.03 | 0.0 | 0.0 | -9.52 | 9.76 | -106.96 | 15.28 | 7.3 | -24.32 | 0.71 | -69.66 | -69.4 | -8.81 | -7.31 | -286.4 | 0.00 | 0 | 0 |
| 23Q1 (14) | 13.28 | -6.08 | -19.07 | 75.09 | 0.63 | -2.16 | 3.5 | 36.19 | 18.64 | 0 | 0 | 0 | 17.12 | 12.63 | -5.1 | -0.55 | 88.66 | 81.29 | 13.42 | 11.28 | -26.63 | 18.34 | 12.68 | -23.01 | 188.1 | 5.46 | 26.21 | 45.67 | 0.37 | -12.39 | 97.09 | 1.27 | 21.17 | 0.02 | 0.0 | 0.0 | 83.39 | 0.0 | 0.0 | 1.77 | 0.0 | -54.5 | 23.03 | 0.0 | 0.0 | -10.55 | -5.5 | -108.5 | 14.24 | -3.72 | -34.86 | 2.34 | 15.84 | -30.56 | -8.21 | -2.88 | -385.8 | 0.00 | 0 | 0 |
| 22Q4 (13) | 14.14 | -3.28 | -56.33 | 74.62 | -5.51 | -15.86 | 2.57 | -28.01 | -47.87 | 0 | 0 | 0 | 15.2 | -17.08 | -14.75 | -4.85 | -513.92 | 9.85 | 12.06 | -15.78 | -36.59 | 16.27 | -12.79 | -30.89 | 178.36 | 3.75 | 31.33 | 45.5 | -8.3 | -12.2 | 95.87 | 6.99 | 30.68 | 0.02 | 0.0 | 0.0 | 83.39 | 0.0 | 0.0 | 1.77 | 0.0 | -54.5 | 23.03 | 0.0 | 0.0 | -10.0 | -85.53 | -371.7 | 14.79 | -23.8 | -40.36 | 2.02 | -24.34 | 44.29 | -7.98 | -193.38 | -1008.33 | 0.00 | 0 | 0 |
| 22Q3 (12) | 14.62 | 13.69 | 6.33 | 78.97 | 2.36 | -4.6 | 3.57 | 21.02 | -34.01 | 0 | 0 | 0 | 18.33 | -18.68 | -15.37 | -0.79 | 52.41 | 46.98 | 14.32 | -32.29 | -28.69 | 18.66 | -29.36 | -17.52 | 171.91 | 8.6 | 39.72 | 49.62 | -1.33 | 333.36 | 89.61 | 5.31 | 36.19 | 0.02 | 0.0 | 0.0 | 83.39 | 0.0 | 0.0 | 1.77 | 0.0 | -54.5 | 23.03 | 0.0 | 0.0 | -5.39 | -17.17 | -269.5 | 19.41 | -3.86 | -35.51 | 2.67 | 15.09 | 225.61 | -2.72 | -19.3 | -168.0 | 0.00 | 0 | 0 |
| 22Q2 (11) | 12.86 | -21.63 | -60.8 | 77.15 | 0.52 | -5.1 | 2.95 | 0.0 | -60.77 | 0 | 0 | 0 | 22.54 | 24.94 | 16.97 | -1.66 | 43.54 | -169.46 | 21.15 | 15.64 | 20.38 | 26.41 | 10.91 | 45.24 | 158.3 | 6.21 | 38.42 | 50.29 | -3.53 | 374.43 | 85.09 | 6.19 | 63.63 | 0.02 | 0.0 | 0.0 | 83.39 | 0.0 | 0.0 | 1.77 | -54.5 | -54.5 | 23.03 | 0.0 | 0.0 | -4.6 | 9.09 | -198.5 | 20.19 | -7.64 | -36.09 | 2.32 | -31.16 | 118.87 | -2.28 | -34.91 | -139.79 | 0.00 | 0 | 0 |
| 22Q1 (10) | 16.41 | -49.32 | -45.55 | 76.75 | -13.46 | 9.28 | 2.95 | -40.16 | -50.83 | 0 | 0 | 0 | 18.04 | 1.18 | -18.04 | -2.94 | 45.35 | -243.41 | 18.29 | -3.84 | -9.81 | 23.82 | 1.13 | 13.92 | 149.04 | 9.74 | 43.07 | 52.13 | 0.6 | 355.68 | 80.13 | 9.23 | 60.42 | 0.02 | 0.0 | 0.0 | 83.39 | 0.0 | 0.0 | 3.89 | 0.0 | 0.0 | 23.03 | 0.0 | 0.0 | -5.06 | -138.68 | -321.93 | 21.86 | -11.85 | -25.14 | 3.37 | 140.71 | 144.2 | -1.69 | -134.72 | -146.17 | 0.00 | 0 | 0 |
| 21Q4 (9) | 32.38 | 135.49 | -18.48 | 88.69 | 7.14 | 28.67 | 4.93 | -8.87 | -37.52 | 0 | 0 | 0 | 17.83 | -17.68 | -30.92 | -5.38 | -261.07 | -410.98 | 19.02 | -5.28 | -14.29 | 23.55 | 4.08 | 2.88 | 135.81 | 10.38 | 36.29 | 51.82 | 352.58 | 351.79 | 73.36 | 11.49 | 41.38 | 0.02 | 0.0 | 0.0 | 83.39 | 0.0 | 0.0 | 3.89 | 0.0 | 11.46 | 23.03 | 0.0 | 0.0 | -2.12 | -166.67 | -138.9 | 24.8 | -17.61 | -22.43 | 1.4 | 70.73 | -20.45 | -0.72 | -118.0 | -109.99 | 0.00 | 0 | 0 |
| 21Q3 (8) | 13.75 | -58.09 | -59.92 | 82.78 | 1.82 | 24.43 | 5.41 | -28.06 | -31.43 | 0 | 0 | 0 | 21.66 | 12.4 | -26.63 | -1.49 | -162.34 | -166.22 | 20.08 | 14.29 | -23.59 | 22.63 | 24.41 | -16.34 | 123.04 | 7.59 | 35.4 | 11.45 | 8.02 | -1.46 | 65.8 | 26.54 | 25.93 | 0.02 | 0.0 | 0.0 | 83.39 | 0.0 | 0.0 | 3.89 | 0.0 | 11.46 | 23.03 | 0.0 | 0.0 | 3.18 | -31.91 | -13.35 | 30.1 | -4.72 | -0.3 | 0.82 | -22.64 | 95.24 | 4.0 | -30.19 | -2.2 | 0.00 | 0 | 0 |
| 21Q2 (7) | 32.81 | 8.86 | -5.53 | 81.3 | 15.76 | 24.56 | 7.52 | 25.33 | 0.8 | 0 | 0 | 0 | 19.27 | -12.45 | -2.03 | 2.39 | 16.59 | -58.36 | 17.57 | -13.36 | -20.39 | 18.19 | -13.0 | 0 | 114.36 | 9.78 | 26.13 | 10.6 | -7.34 | -12.4 | 52.0 | 4.1 | -2.53 | 0.02 | 0.0 | 0.0 | 83.39 | 0.0 | 0.0 | 3.89 | 0.0 | 27.96 | 23.03 | 0.0 | 0.0 | 4.67 | 104.82 | 0.0 | 31.59 | 8.18 | 2.77 | 1.06 | -23.19 | 226.19 | 5.73 | 56.56 | 49.61 | 0.00 | 0 | 0 |
| 21Q1 (6) | 30.14 | -24.12 | -11.12 | 70.23 | 1.89 | 11.85 | 6.0 | -23.95 | -32.13 | 0 | 0 | 0 | 22.01 | -14.72 | 0.27 | 2.05 | 18.5 | 260.16 | 20.28 | -8.61 | -4.16 | 20.91 | -8.66 | 0 | 104.17 | 4.54 | 15.51 | 11.44 | -0.26 | 6.22 | 49.95 | -3.74 | -7.24 | 0.02 | 0.0 | 0.0 | 83.39 | 0.0 | 0.0 | 3.89 | 11.46 | 27.96 | 23.03 | 0.0 | 0.0 | 2.28 | -58.17 | 313.08 | 29.2 | -8.66 | 16.8 | 1.38 | -21.59 | 666.67 | 3.66 | -49.24 | 511.24 | 0.00 | 0 | 0 |
| 20Q4 (5) | 39.72 | 15.77 | 60.68 | 68.93 | 3.61 | -7.08 | 7.89 | 0.0 | -72.94 | 0 | 0 | 0 | 25.81 | -12.57 | -0.85 | 1.73 | -23.11 | 41.8 | 22.19 | -15.56 | -6.05 | 22.89 | -15.37 | 0 | 99.65 | 9.66 | 16.45 | 11.47 | -1.29 | -13.17 | 51.89 | -0.69 | 937.8 | 0.02 | 0.0 | 0.0 | 83.39 | 0.0 | 0.0 | 3.49 | 0.0 | 39.6 | 23.03 | 0.0 | 0.0 | 5.45 | 48.5 | -19.5 | 31.97 | 5.9 | -1.02 | 1.76 | 319.05 | 175.0 | 7.21 | 76.28 | -2.7 | 0.00 | 0 | 0 |
| 20Q3 (4) | 34.31 | -1.21 | 0.0 | 66.53 | 1.93 | 0.0 | 7.89 | 5.76 | 0.0 | 0 | 0 | 0.0 | 29.52 | 50.08 | 0.0 | 2.25 | -60.8 | 0.0 | 26.28 | 19.08 | 0.0 | 27.05 | 0 | 0.0 | 90.87 | 0.22 | 0.0 | 11.62 | -3.97 | 0.0 | 52.25 | -2.06 | 0.0 | 0.02 | 0.0 | 0.0 | 83.39 | 0.0 | 0.0 | 3.49 | 14.8 | 0.0 | 23.03 | 0.0 | 0.0 | 3.67 | -21.41 | 0.0 | 30.19 | -1.79 | 0.0 | 0.42 | 150.0 | 0.0 | 4.09 | 6.79 | 0.0 | 0.00 | 0 | 0.0 |
