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) | 24.97 | 46.62 | 3.61 | -42.05 | 2.79 | 11.16 | 0 | 0 | 46.74 | -13.67 | 4.22 | 43.54 | 6.2 | -16.89 | 13.26 | -3.73 | 10.12 | -5.42 | 4.05 | -16.15 | 10.0 | -23.61 | 0.02 | 100.0 | 27.93 | 0.0 | 0.85 | 70.0 | 0.06 | -94.64 | 4.98 | 118.42 | 5.89 | 50.64 | 0.3 | 0 | 5.28 | 141.1 | 0.31 | -4.16 |
| 2022 (9) | 17.03 | 24.22 | 6.23 | -14.42 | 2.51 | 175.82 | 0 | 0 | 54.14 | -2.29 | 2.94 | -18.78 | 7.46 | -19.7 | 13.78 | -17.81 | 10.7 | -16.99 | 4.83 | 0.0 | 13.09 | -15.77 | 0.01 | 0.0 | 27.93 | 0.0 | 0.5 | 138.1 | 1.12 | 60.0 | 2.28 | -15.87 | 3.91 | 8.01 | -0.09 | 0 | 2.19 | 79.51 | 0.33 | 2.68 |
| 2021 (8) | 13.71 | -12.17 | 7.28 | -8.89 | 0.91 | -1.09 | 0 | 0 | 55.41 | 13.48 | 3.62 | -2.69 | 9.29 | 15.4 | 16.77 | 1.7 | 12.89 | 34.83 | 4.83 | -2.82 | 15.54 | 25.83 | 0.01 | 0.0 | 27.93 | -15.95 | 0.21 | 0 | 0.7 | 0 | 2.71 | 0 | 3.62 | 0 | -1.49 | 0 | 1.22 | 0 | 0.32 | -4.31 |
| 2020 (7) | 15.61 | 29.22 | 7.99 | 93.46 | 0.92 | -70.51 | 0 | 0 | 48.83 | -7.26 | 3.72 | 3281.82 | 8.05 | -5.85 | 16.49 | 1.52 | 9.56 | -7.0 | 4.97 | 24.87 | 12.35 | -1.67 | 0.01 | 0.0 | 33.23 | 0.0 | 0 | 0 | 0 | 0 | -3.88 | 0 | -3.88 | 0 | 0.42 | -67.69 | -3.46 | 0 | 0.33 | -3.4 |
| 2019 (6) | 12.08 | 32.31 | 4.13 | -40.4 | 3.12 | -61.86 | 0 | 0 | 52.65 | 0.17 | 0.11 | 0 | 8.55 | 2.03 | 16.24 | 1.85 | 10.28 | 0.0 | 3.98 | 7.57 | 12.56 | 155.28 | 0.01 | 0 | 33.23 | 0.0 | 0 | 0 | 0 | 0 | -7.54 | 0 | -7.54 | 0 | 1.3 | 94.03 | -6.24 | 0 | 0.35 | 5.55 |
| 2018 (5) | 9.13 | -29.82 | 6.93 | -13.38 | 8.18 | -27.29 | 0 | 0 | 52.56 | -8.48 | -2.53 | 0 | 8.38 | -7.1 | 15.94 | 1.51 | 10.28 | -15.88 | 3.7 | 72.09 | 4.92 | 0 | 0 | 0 | 33.23 | 0.0 | 1.12 | 0.0 | 0 | 0 | -10.04 | 0 | -8.93 | 0 | 0.67 | 1575.0 | -9.37 | 0 | 0.33 | 9.4 |
| 2017 (4) | 13.01 | -24.67 | 8.0 | 46.79 | 11.25 | 190.7 | 0 | 0 | 57.43 | -4.82 | -9.76 | 0 | 9.02 | 1.81 | 15.71 | 6.96 | 12.22 | 5.16 | 2.15 | -31.09 | 0 | 0 | 0 | 0 | 33.23 | 0.0 | 1.12 | 4.67 | 0 | 0 | -7.77 | 0 | -6.65 | 0 | 0.04 | -96.36 | -7.73 | 0 | 0.30 | 35.51 |
| 2016 (3) | 17.27 | 19.52 | 5.45 | -4.72 | 3.87 | 190.98 | 0 | 0 | 60.34 | -6.62 | 0.43 | -59.05 | 8.86 | 1.49 | 14.68 | 8.69 | 11.62 | -9.92 | 3.12 | 10.64 | 7.73 | -29.41 | 0 | 0 | 33.23 | 2.0 | 1.07 | 3.88 | 0 | 0 | 2.56 | -27.48 | 3.64 | -20.35 | 1.1 | -39.89 | 3.66 | -31.72 | 0.22 | 7.68 |
| 2015 (2) | 14.45 | -13.32 | 5.72 | 8.54 | 1.33 | 52.87 | 0 | 0 | 64.62 | -5.82 | 1.05 | -86.73 | 8.73 | -19.02 | 13.51 | -14.02 | 12.9 | -16.45 | 2.82 | -21.67 | 10.95 | -11.48 | 0 | 0 | 32.58 | -3.27 | 1.03 | 472.22 | 0 | 0 | 3.53 | -58.81 | 4.57 | -47.77 | 1.83 | -14.49 | 5.36 | -49.95 | 0.21 | 13.65 |
| 2014 (1) | 16.67 | 6.65 | 5.27 | -36.28 | 0.87 | -87.15 | 0 | 0 | 68.61 | -8.21 | 7.91 | 142.64 | 10.78 | 19.38 | 15.71 | 30.06 | 15.44 | 15.14 | 3.6 | 0 | 12.37 | 189.7 | 0 | 0 | 33.68 | 0.0 | 0.18 | 0 | 0 | 0 | 8.57 | 381.46 | 8.75 | 391.57 | 2.14 | 170.89 | 10.71 | 316.73 | 0.18 | 0.66 |
| 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) | 27.15 | 4.66 | 13.03 | 5.0 | 69.49 | 38.89 | 1.0 | 0.0 | -91.54 | 0 | 0 | 0 | 12.59 | 3.71 | 5.0 | 0.59 | -51.64 | -51.64 | 7.13 | -0.97 | 9.69 | 14.83 | -2.21 | 8.57 | 10.97 | 17.08 | 11.14 | 4.25 | 2.41 | -12.91 | 10.96 | -15.43 | 0 | 0.02 | 100.0 | 0.0 | 27.93 | 0.0 | 0.0 | 1.35 | 23.85 | 58.82 | 0 | 0 | -100.0 | 3.5 | -31.64 | -7.41 | 4.85 | -21.9 | 3.41 | 0.96 | 540.0 | 1500.0 | 4.46 | -15.37 | 16.15 | 0.33 | 6.56 | 5.64 |
| 24Q2 (19) | 25.94 | -3.32 | 23.0 | 2.95 | -21.12 | -48.96 | 1.0 | -60.0 | -61.98 | 0 | 0 | 0 | 12.14 | 5.2 | 0.17 | 1.22 | -8.96 | 8.93 | 7.2 | 9.26 | 0.28 | 15.16 | 9.21 | 3.55 | 9.37 | 3.19 | -0.43 | 4.15 | 0.97 | -15.48 | 12.96 | 30.25 | 29.6 | 0.01 | -50.0 | -50.0 | 27.93 | 0.0 | 0.0 | 1.09 | 28.24 | 62.69 | 0 | -100.0 | -100.0 | 5.12 | 25.49 | 33.68 | 6.21 | 24.45 | 35.29 | 0.15 | -62.5 | 350.0 | 5.27 | 17.63 | 39.79 | 0.31 | 0.45 | 0.63 |
| 24Q1 (18) | 26.83 | 7.45 | 40.47 | 3.74 | 3.6 | -40.06 | 2.5 | -10.39 | -28.16 | 0 | 0 | 0 | 11.54 | -2.29 | 6.56 | 1.34 | 10.74 | 97.06 | 6.59 | 6.29 | 0.3 | 13.89 | 4.7 | 6.77 | 9.08 | -10.28 | -11.76 | 4.11 | 1.48 | -15.43 | 9.95 | -0.5 | -15.32 | 0.02 | 0.0 | 100.0 | 27.93 | 0.0 | 0.0 | 0.85 | 0.0 | 26.87 | 0.06 | 0.0 | -33.33 | 4.08 | -18.07 | 50.55 | 4.99 | -15.28 | 43.8 | 0.4 | 33.33 | 600.0 | 4.48 | -15.15 | 70.34 | 0.31 | -0.44 | -6.3 |
| 23Q4 (17) | 24.97 | 3.96 | 46.62 | 3.61 | 0.28 | -42.05 | 2.79 | -76.4 | 11.16 | 0 | 0 | 0 | 11.81 | -1.5 | -6.64 | 1.21 | -0.82 | 764.29 | 6.2 | -4.62 | -16.89 | 13.26 | -2.9 | -3.75 | 10.12 | 2.53 | -5.42 | 4.05 | -17.01 | -16.15 | 10.0 | 0 | -23.61 | 0.02 | 0.0 | 100.0 | 27.93 | 0.0 | 0.0 | 0.85 | 0.0 | 70.0 | 0.06 | 0.0 | -94.64 | 4.98 | 31.75 | 118.42 | 5.89 | 25.59 | 50.64 | 0.3 | 400.0 | 433.33 | 5.28 | 37.5 | 141.1 | 0.31 | -0.87 | -4.16 |
| 23Q3 (16) | 24.02 | 13.89 | 61.75 | 3.6 | -37.72 | -49.93 | 11.82 | 349.43 | 482.27 | 0 | 0 | 0 | 11.99 | -1.07 | -10.72 | 1.22 | 8.93 | -12.86 | 6.5 | -9.47 | -25.54 | 13.66 | -6.73 | -10.51 | 9.87 | 4.89 | -23.61 | 4.88 | -0.61 | -1.81 | 0 | -100.0 | -100.0 | 0.02 | 0.0 | 100.0 | 27.93 | 0.0 | 0.0 | 0.85 | 26.87 | 70.0 | 0.06 | -33.33 | -94.64 | 3.78 | -1.31 | 88.06 | 4.69 | 2.18 | 29.2 | 0.06 | 200.0 | 109.84 | 3.84 | 1.86 | 174.29 | 0.32 | 1.5 | -1.87 |
| 23Q2 (15) | 21.09 | 10.42 | 56.8 | 5.78 | -7.37 | -29.77 | 2.63 | -24.43 | 171.13 | 0 | 0 | 0 | 12.12 | 11.91 | -10.95 | 1.12 | 64.71 | 180.0 | 7.18 | 9.28 | -22.96 | 14.64 | 12.61 | -11.24 | 9.41 | -8.55 | -34.15 | 4.91 | 1.03 | 1.45 | 10.0 | -14.89 | -32.07 | 0.02 | 100.0 | 100.0 | 27.93 | 0.0 | 0.0 | 0.67 | 0.0 | 86.11 | 0.09 | 0.0 | -93.96 | 3.83 | 41.33 | 115.17 | 4.59 | 32.28 | 26.45 | -0.06 | 25.0 | 94.64 | 3.77 | 43.35 | 471.21 | 0.31 | -6.46 | -1.34 |
| 23Q1 (14) | 19.1 | 12.16 | 25.25 | 6.24 | 0.16 | -19.17 | 3.48 | 38.65 | 270.21 | 0 | 0 | 0 | 10.83 | -14.39 | -25.05 | 0.68 | 385.71 | -32.0 | 6.57 | -11.93 | -31.42 | 13.00 | -5.62 | -22.96 | 10.29 | -3.83 | -28.29 | 4.86 | 0.62 | -0.82 | 11.75 | -10.24 | -24.05 | 0.01 | 0.0 | 0.0 | 27.93 | 0.0 | 0.0 | 0.67 | 34.0 | 219.05 | 0.09 | -91.96 | -87.14 | 2.71 | 18.86 | -26.95 | 3.47 | -11.25 | -25.05 | -0.08 | 11.11 | 92.79 | 2.63 | 20.09 | 1.15 | 0.33 | 1.83 | 3.2 |
| 22Q4 (13) | 17.03 | 14.68 | 24.22 | 6.23 | -13.35 | -14.42 | 2.51 | 23.65 | 175.82 | 0 | 0 | 0 | 12.65 | -5.81 | -19.48 | 0.14 | -90.0 | -82.72 | 7.46 | -14.55 | -19.7 | 13.78 | -9.72 | -17.81 | 10.7 | -17.18 | -16.99 | 4.83 | -2.82 | 0.0 | 13.09 | -1.06 | -15.77 | 0.01 | 0.0 | 0.0 | 27.93 | 0.0 | 0.0 | 0.5 | 0.0 | 138.1 | 1.12 | 0.0 | 60.0 | 2.28 | 13.43 | -15.87 | 3.91 | 7.71 | 8.01 | -0.09 | 85.25 | 93.96 | 2.19 | 56.43 | 79.51 | 0.33 | 1.5 | 2.68 |
| 22Q3 (12) | 14.85 | 10.41 | 3.48 | 7.19 | -12.64 | 23.97 | 2.03 | 109.28 | 125.56 | 0 | 0 | 0 | 13.43 | -1.32 | 5.58 | 1.4 | 250.0 | 108.96 | 8.73 | -6.33 | 11.07 | 15.26 | -7.49 | 4.68 | 12.92 | -9.59 | -4.44 | 4.97 | 2.69 | 1.84 | 13.23 | -10.12 | -15.3 | 0.01 | 0.0 | 0.0 | 27.93 | 0.0 | 0.0 | 0.5 | 38.89 | 138.1 | 1.12 | -24.83 | 60.0 | 2.01 | 12.92 | 4.69 | 3.63 | 0.0 | 28.27 | -0.61 | 45.54 | 51.59 | 1.4 | 112.12 | 112.12 | 0.32 | 2.05 | 2.5 |
| 22Q2 (11) | 13.45 | -11.8 | -9.85 | 8.23 | 6.61 | 42.39 | 0.97 | 3.19 | 7.78 | 0 | 0 | 0 | 13.61 | -5.81 | -1.87 | 0.4 | -60.0 | -59.6 | 9.32 | -2.71 | 19.79 | 16.50 | -2.27 | 15.83 | 14.29 | -0.42 | 8.26 | 4.84 | -1.22 | -1.02 | 14.72 | -4.85 | 1.66 | 0.01 | 0.0 | 0.0 | 27.93 | 0.0 | 0.0 | 0.36 | 71.43 | 0 | 1.49 | 112.86 | 0 | 1.78 | -52.02 | -50.0 | 3.63 | -21.6 | 1.97 | -1.12 | -0.9 | -60.0 | 0.66 | -74.62 | -76.92 | 0.32 | -2.17 | 1.9 |
| 22Q1 (10) | 15.25 | 11.23 | -3.66 | 7.72 | 6.04 | 11.08 | 0.94 | 3.3 | 9.3 | 0 | 0 | 0 | 14.45 | -8.02 | 10.22 | 1.0 | 23.46 | -13.79 | 9.58 | 3.12 | 22.66 | 16.88 | 0.69 | 8.61 | 14.35 | 11.33 | 25.11 | 4.9 | 1.45 | -0.41 | 15.47 | -0.45 | 20.3 | 0.01 | 0.0 | 0.0 | 27.93 | 0.0 | 0.0 | 0.21 | 0.0 | 0 | 0.7 | 0.0 | 0 | 3.71 | 36.9 | 43.8 | 4.63 | 27.9 | 79.46 | -1.11 | 25.5 | -1133.33 | 2.6 | 113.11 | 4.42 | 0.32 | 1.33 | -1.47 |
| 21Q4 (9) | 13.71 | -4.46 | -12.17 | 7.28 | 25.52 | -8.89 | 0.91 | 1.11 | -1.09 | 0 | 0 | 0 | 15.71 | 23.51 | 10.56 | 0.81 | 20.9 | -48.73 | 9.29 | 18.19 | 15.4 | 16.77 | 14.99 | 1.68 | 12.89 | -4.66 | 34.83 | 4.83 | -1.02 | -2.82 | 15.54 | -0.51 | 25.83 | 0.01 | 0.0 | 0.0 | 27.93 | 0.0 | -15.95 | 0.21 | 0.0 | 0 | 0.7 | 0.0 | 0 | 2.71 | 41.15 | 169.85 | 3.62 | 27.92 | 193.3 | -1.49 | -18.25 | -454.76 | 1.22 | 84.85 | 135.26 | 0.32 | 1.32 | -4.31 |
| 21Q3 (8) | 14.35 | -3.82 | 16.01 | 5.8 | 0.35 | -23.88 | 0.9 | 0.0 | -41.56 | 0 | 0 | 0 | 12.72 | -8.29 | -5.29 | 0.67 | -32.32 | -51.09 | 7.86 | 1.03 | 0.26 | 14.58 | 2.36 | -10.33 | 13.52 | 2.42 | 51.74 | 4.88 | -0.2 | 17.03 | 15.62 | 7.87 | 25.66 | 0.01 | 0.0 | 0.0 | 27.93 | 0.0 | -15.95 | 0.21 | 0 | 0 | 0.7 | 0 | 0 | 1.92 | -46.07 | 135.36 | 2.83 | -20.51 | 152.12 | -1.26 | -80.0 | -1150.0 | 0.66 | -76.92 | 112.43 | 0.32 | 1.45 | -4.62 |
| 21Q2 (7) | 14.92 | -5.75 | 11.09 | 5.78 | -16.83 | -16.23 | 0.9 | 4.65 | 0 | 0 | 0 | 0 | 13.87 | 5.8 | 46.0 | 0.99 | -14.66 | 230.0 | 7.78 | -0.38 | 38.93 | 14.24 | -8.35 | 0 | 13.2 | 15.08 | 34.56 | 4.89 | -0.61 | 26.68 | 14.48 | 12.6 | 13.21 | 0.01 | 0.0 | 0.0 | 27.93 | 0.0 | -15.95 | 0 | 0 | 0 | 0 | 0 | 0 | 3.56 | 37.98 | 152.35 | 3.56 | 37.98 | 152.35 | -0.7 | -677.78 | -195.89 | 2.86 | 14.86 | 147.12 | 0.31 | -5.41 | -7.61 |
| 21Q1 (6) | 15.83 | 1.41 | 16.91 | 6.95 | -13.02 | 16.22 | 0.86 | -6.52 | 0 | 0 | 0 | 0 | 13.11 | -7.74 | 12.24 | 1.16 | -26.58 | 146.81 | 7.81 | -2.98 | 13.52 | 15.54 | -5.74 | 0 | 11.47 | 19.98 | 9.24 | 4.92 | -1.01 | 36.29 | 12.86 | 4.13 | -0.46 | 0.01 | 0.0 | 0.0 | 27.93 | -15.95 | -15.95 | 0 | 0 | 0 | 0 | 0 | 0 | 2.58 | 166.49 | 136.34 | 2.58 | 166.49 | 136.34 | -0.09 | -121.43 | -136.0 | 2.49 | 171.97 | 136.35 | 0.33 | -1.59 | -3.02 |
| 20Q4 (5) | 15.61 | 26.19 | 29.22 | 7.99 | 4.86 | 93.46 | 0.92 | -40.26 | -70.51 | 0 | 0 | 0 | 14.21 | 5.81 | 4.41 | 1.58 | 15.33 | 229.17 | 8.05 | 2.68 | -5.85 | 16.49 | 1.42 | 0 | 9.56 | 7.3 | -7.0 | 4.97 | 19.18 | 24.87 | 12.35 | -0.64 | -1.67 | 0.01 | 0.0 | 0.0 | 33.23 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.88 | 28.55 | 48.54 | -3.88 | 28.55 | 48.54 | 0.42 | 250.0 | -67.69 | -3.46 | 34.84 | 44.55 | 0.33 | 0.99 | -3.4 |
| 20Q3 (4) | 12.37 | -7.89 | 0.0 | 7.62 | 10.43 | 0.0 | 1.54 | 0 | 0.0 | 0 | 0 | 0.0 | 13.43 | 41.37 | 0.0 | 1.37 | 356.67 | 0.0 | 7.84 | 40.0 | 0.0 | 16.26 | 0 | 0.0 | 8.91 | -9.17 | 0.0 | 4.17 | 8.03 | 0.0 | 12.43 | -2.81 | 0.0 | 0.01 | 0.0 | 0.0 | 33.23 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | -5.43 | 20.15 | 0.0 | -5.43 | 20.15 | 0.0 | 0.12 | -83.56 | 0.0 | -5.31 | 12.52 | 0.0 | 0.33 | -1.73 | 0.0 |
