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) | 9.67 | -9.12 | 0.21 | 0.0 | 2.88 | 41.18 | 0 | 0 | 25.92 | -14.74 | 1.75 | -22.91 | 6.92 | 0.73 | 26.70 | 18.14 | 5.28 | 0.0 | 1.54 | 516.0 | 7.5 | -10.07 | 0.19 | 46.15 | 9.94 | 0.0 | 3.07 | 8.1 | 3.81 | 0.0 | 12.88 | 1.82 | 19.76 | 2.38 | -3.86 | 0 | 9.02 | -3.53 | 0.00 | 0 |
| 2022 (9) | 10.64 | -0.28 | 0.21 | 0 | 2.04 | -5.99 | 0 | 0 | 30.4 | -10.54 | 2.27 | -43.11 | 6.87 | -10.78 | 22.60 | -0.27 | 5.28 | -31.07 | 0.25 | -13.79 | 8.34 | -18.16 | 0.13 | 18.18 | 9.94 | 0.0 | 2.84 | 16.39 | 3.81 | 2.97 | 12.65 | -1.79 | 19.3 | 1.47 | -3.3 | 0 | 9.35 | 3.09 | 0.00 | 0 |
| 2021 (8) | 10.67 | 35.06 | 0 | 0 | 2.17 | 65.65 | 0 | 0 | 33.98 | 30.59 | 3.99 | -32.94 | 7.7 | -3.51 | 22.66 | -26.11 | 7.66 | 13.65 | 0.29 | 0 | 10.19 | 28.18 | 0.11 | -21.43 | 9.94 | 9.96 | 2.44 | 31.89 | 3.7 | 0.0 | 12.88 | 9.71 | 19.02 | 10.07 | -3.81 | 0 | 9.07 | 10.88 | 0.00 | 0 |
| 2020 (7) | 7.9 | -29.59 | 0.85 | 0 | 1.31 | -36.71 | 0 | 0 | 26.02 | -4.23 | 5.95 | 145.87 | 7.98 | 25.67 | 30.67 | 31.22 | 6.74 | 9.42 | 0 | 0 | 7.95 | 68.79 | 0.14 | 100.0 | 9.04 | 4.99 | 1.85 | 14.91 | 3.7 | 30.74 | 11.74 | 27.19 | 17.28 | 26.5 | -3.56 | 0 | 8.18 | 47.92 | 0.00 | 0 |
| 2019 (6) | 11.22 | 36.17 | 0 | 0 | 2.07 | 239.34 | 0 | 0 | 27.17 | 3.35 | 2.42 | 16.35 | 6.35 | -4.65 | 23.37 | -7.74 | 6.16 | 9.03 | 0 | 0 | 4.71 | -17.94 | 0.07 | 0.0 | 8.61 | 5.0 | 1.61 | 15.0 | 2.83 | 23.58 | 9.23 | 5.01 | 13.66 | 9.54 | -3.7 | 0 | 5.53 | -7.21 | 0.00 | 0 |
| 2018 (5) | 8.24 | -11.11 | 0.31 | -48.33 | 0.61 | -85.19 | 0 | 0 | 26.29 | -0.68 | 2.08 | -24.09 | 6.66 | 6.05 | 25.33 | 6.78 | 5.65 | -9.89 | 0 | 0 | 5.74 | 285.23 | 0.07 | -12.5 | 8.2 | 0.0 | 1.4 | 25.0 | 2.29 | 2.69 | 8.79 | 6.29 | 12.47 | 7.22 | -2.83 | 0 | 5.96 | -0.33 | 0.00 | 0 |
| 2017 (4) | 9.27 | 5.22 | 0.6 | -38.14 | 4.12 | 0 | 0 | 0 | 26.47 | 1.53 | 2.74 | -13.84 | 6.28 | -11.05 | 23.72 | -12.39 | 6.27 | 45.81 | 0 | 0 | 1.49 | -64.86 | 0.08 | -11.11 | 8.2 | 10.07 | 1.12 | 40.0 | 2.23 | 0.0 | 8.27 | 13.13 | 11.63 | 12.37 | -2.29 | 0 | 5.98 | 8.14 | 0.00 | 0 |
| 2016 (3) | 8.81 | -11.1 | 0.97 | 18.29 | 0 | 0 | 0 | 0 | 26.07 | 5.33 | 3.18 | 28.74 | 7.06 | 14.98 | 27.08 | 9.16 | 4.3 | -1.6 | 0 | 0 | 4.24 | 1.44 | 0.09 | 12.5 | 7.45 | 0.0 | 0.8 | 42.86 | 2.23 | 0.0 | 7.31 | 21.43 | 10.35 | 17.48 | -1.78 | 0 | 5.53 | -6.9 | 0.00 | 0 |
| 2015 (2) | 9.91 | 28.7 | 0.82 | -73.89 | 0.13 | 0 | 0 | 0 | 24.75 | -6.04 | 2.47 | 6.93 | 6.14 | -11.78 | 24.81 | -6.11 | 4.37 | -20.83 | 0 | 0 | 4.18 | 65.22 | 0.08 | 33.33 | 7.45 | 4.93 | 0.56 | 80.65 | 2.23 | 3.24 | 6.02 | 15.33 | 8.81 | 14.56 | -0.08 | 0 | 5.94 | 10.61 | 0.00 | 0 |
| 2014 (1) | 7.7 | 52.17 | 3.14 | 91.46 | 0 | 0 | 0 | 0 | 26.34 | 9.7 | 2.31 | 115.89 | 6.96 | 11.18 | 26.42 | 1.35 | 5.52 | 26.32 | 0 | 0 | 2.53 | 321.67 | 0.06 | 50.0 | 7.1 | 5.03 | 0.31 | 55.0 | 2.16 | 0.0 | 5.22 | 41.85 | 7.69 | 27.32 | 0.15 | 0 | 5.37 | 63.72 | 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) | 9.14 | -7.4 | 5.18 | 1.91 | 15.76 | 809.52 | 0.18 | -84.75 | -89.53 | 0 | 0 | 0 | 7.93 | -2.46 | 15.6 | 0.5 | -26.47 | 354.55 | 7.18 | -9.0 | 8.13 | 23.58 | -12.2 | -9.09 | 6.66 | 5.38 | 28.57 | 1.55 | 0.0 | -3.12 | 8.34 | 0.0 | 16.64 | 0.19 | 0.0 | 18.75 | 10.44 | 0.0 | 5.03 | 3.24 | 0.0 | 5.54 | 3.86 | 0.0 | 1.31 | 13.23 | 3.93 | 5.76 | 20.33 | 2.52 | 4.85 | -2.27 | 23.05 | 23.83 | 10.96 | 12.07 | 15.01 | 0.00 | 0 | 0 |
| 24Q2 (19) | 9.87 | -15.86 | -6.27 | 1.65 | 39.83 | 685.71 | 1.18 | -49.79 | 0.0 | 0 | 0 | 0 | 8.13 | 11.98 | 35.27 | 0.68 | 74.36 | 1033.33 | 7.89 | 12.55 | 40.14 | 26.86 | 4.43 | 26.17 | 6.32 | 13.06 | 25.15 | 1.55 | -0.64 | -1.27 | 8.34 | 1.83 | -1.07 | 0.19 | 0.0 | 58.33 | 10.44 | 5.03 | 5.03 | 3.24 | 5.54 | 5.54 | 3.86 | 1.31 | 1.31 | 12.73 | -4.07 | 2.74 | 19.83 | -1.59 | 2.91 | -2.95 | 3.28 | 23.18 | 9.78 | -4.31 | 14.39 | 0.00 | 0 | 0 |
| 24Q1 (18) | 11.73 | 21.3 | 13.33 | 1.18 | 461.9 | 461.9 | 2.35 | -18.4 | 161.11 | 0 | 0 | 0 | 7.26 | 1.82 | 22.43 | 0.39 | 5.41 | -67.5 | 7.01 | 1.3 | 16.06 | 25.72 | -3.64 | 20.87 | 5.59 | 5.87 | 3.52 | 1.56 | 1.3 | -5.45 | 8.19 | 9.2 | -1.33 | 0.19 | 0.0 | 46.15 | 9.94 | 0.0 | 0.0 | 3.07 | 0.0 | 8.1 | 3.81 | 0.0 | 0.0 | 13.27 | 3.03 | -4.19 | 20.15 | 1.97 | -1.71 | -3.05 | 20.98 | -0.99 | 10.22 | 13.3 | -5.63 | 0.00 | 0 | 0 |
| 23Q4 (17) | 9.67 | 11.28 | -9.12 | 0.21 | 0.0 | 0.0 | 2.88 | 67.44 | 41.18 | 0 | 0 | 0 | 7.13 | 3.94 | 4.85 | 0.37 | 236.36 | -41.27 | 6.92 | 4.22 | 0.73 | 26.69 | 2.89 | 18.13 | 5.28 | 1.93 | 0.0 | 1.54 | -3.75 | 516.0 | 7.5 | 4.9 | -10.07 | 0.19 | 18.75 | 46.15 | 9.94 | 0.0 | 0.0 | 3.07 | 0.0 | 8.1 | 3.81 | 0.0 | 0.0 | 12.88 | 2.96 | 1.82 | 19.76 | 1.91 | 2.38 | -3.86 | -29.53 | -16.97 | 9.02 | -5.35 | -3.53 | 0.00 | 0 | 0 |
| 23Q3 (16) | 8.69 | -17.47 | -26.91 | 0.21 | 0.0 | 0.0 | 1.72 | 45.76 | -6.52 | 0 | 0 | 0 | 6.86 | 14.14 | -11.02 | 0.11 | 83.33 | -79.63 | 6.64 | 17.94 | -8.16 | 25.94 | 21.86 | 14.87 | 5.18 | 2.57 | -14.1 | 1.6 | 1.91 | 492.59 | 7.15 | -15.18 | -38.1 | 0.16 | 33.33 | 60.0 | 9.94 | 0.0 | 0.0 | 3.07 | 0.0 | 8.1 | 3.81 | 0.0 | 0.0 | 12.51 | 0.97 | 4.08 | 19.39 | 0.62 | 3.86 | -2.98 | 22.4 | -23.65 | 9.53 | 11.46 | -0.83 | 0.00 | 0 | 0 |
| 23Q2 (15) | 10.53 | 1.74 | 1.74 | 0.21 | 0.0 | 0.0 | 1.18 | 31.11 | -31.79 | 0 | 0 | 0 | 6.01 | 1.35 | -24.4 | 0.06 | -95.0 | -90.16 | 5.63 | -6.79 | -23.71 | 21.29 | 0.05 | -5.97 | 5.05 | -6.48 | -33.38 | 1.57 | -4.85 | 481.48 | 8.43 | 1.57 | -16.04 | 0.12 | -7.69 | 9.09 | 9.94 | 0.0 | 0.0 | 3.07 | 8.1 | 8.1 | 3.81 | 0.0 | 0.0 | 12.39 | -10.54 | 7.93 | 19.27 | -6.0 | 6.29 | -3.84 | -27.15 | -25.9 | 8.55 | -21.05 | 1.42 | 0.00 | 0 | 0 |
| 23Q1 (14) | 10.35 | -2.73 | -10.93 | 0.21 | 0.0 | 0.0 | 0.9 | -55.88 | -69.49 | 0 | 0 | 0 | 5.93 | -12.79 | -25.41 | 1.2 | 90.48 | 144.9 | 6.04 | -12.08 | -16.46 | 21.28 | -5.83 | -2.16 | 5.4 | 2.27 | -31.99 | 1.65 | 560.0 | 468.97 | 8.3 | -0.48 | -10.94 | 0.13 | 0.0 | 18.18 | 9.94 | 0.0 | 0.0 | 2.84 | 0.0 | 16.39 | 3.81 | 0.0 | 2.97 | 13.85 | 9.49 | 3.59 | 20.5 | 6.22 | 5.13 | -3.02 | 8.48 | -18.9 | 10.83 | 15.83 | 0.0 | 0.00 | 0 | 0 |
| 22Q4 (13) | 10.64 | -10.51 | -0.28 | 0.21 | 0.0 | 0 | 2.04 | 10.87 | -5.99 | 0 | 0 | 0 | 6.8 | -11.8 | -19.14 | 0.63 | 16.67 | -34.38 | 6.87 | -4.98 | -10.78 | 22.59 | 0.05 | -0.31 | 5.28 | -12.44 | -31.07 | 0.25 | -7.41 | -13.79 | 8.34 | -27.79 | -18.16 | 0.13 | 30.0 | 18.18 | 9.94 | 0.0 | 0.0 | 2.84 | 0.0 | 16.39 | 3.81 | 0.0 | 2.97 | 12.65 | 5.24 | -1.79 | 19.3 | 3.37 | 1.47 | -3.3 | -36.93 | 13.39 | 9.35 | -2.71 | 3.09 | 0.00 | 0 | 0 |
| 22Q3 (12) | 11.89 | 14.88 | 25.16 | 0.21 | 0.0 | 0 | 1.84 | 6.36 | -28.68 | 0 | 0 | 0 | 7.71 | -3.02 | -7.0 | 0.54 | -11.48 | -41.94 | 7.23 | -2.03 | -8.71 | 22.58 | -0.26 | -3.3 | 6.03 | -20.45 | -29.47 | 0.27 | 0.0 | -6.9 | 11.55 | 15.04 | 11.38 | 0.1 | -9.09 | -16.67 | 9.94 | 0.0 | 0.0 | 2.84 | 0.0 | 16.39 | 3.81 | 0.0 | 2.97 | 12.02 | 4.7 | 0.84 | 18.67 | 2.98 | 3.38 | -2.41 | 20.98 | 39.9 | 9.61 | 14.0 | 21.49 | 0.00 | 0 | 0 |
| 22Q2 (11) | 10.35 | -10.93 | -8.49 | 0.21 | 0.0 | -84.89 | 1.73 | -41.36 | 2.37 | 0 | 0 | 0 | 7.95 | 0.0 | -7.56 | 0.61 | 24.49 | -44.04 | 7.38 | 2.07 | -9.11 | 22.64 | 4.11 | -7.97 | 7.58 | -4.53 | -13.17 | 0.27 | -6.9 | 0 | 10.04 | 7.73 | 14.22 | 0.11 | 0.0 | -15.38 | 9.94 | 0.0 | 9.96 | 2.84 | 16.39 | 53.51 | 3.81 | 2.97 | 2.97 | 11.48 | -14.14 | -17.11 | 18.13 | -7.03 | -6.5 | -3.05 | -20.08 | 24.88 | 8.43 | -22.16 | -13.89 | 0.00 | 0 | 0 |
| 22Q1 (10) | 11.62 | 8.9 | 28.11 | 0.21 | 0 | -85.31 | 2.95 | 35.94 | 107.75 | 0 | 0 | 0 | 7.95 | -5.47 | -8.41 | 0.49 | -48.96 | -51.96 | 7.23 | -6.1 | -12.47 | 21.74 | -4.04 | -22.63 | 7.94 | 3.66 | 1.28 | 0.29 | 0.0 | 0 | 9.32 | -8.54 | 3.56 | 0.11 | 0.0 | -15.38 | 9.94 | 0.0 | 9.96 | 2.44 | 0.0 | 31.89 | 3.7 | 0.0 | 0.0 | 13.37 | 3.8 | 4.78 | 19.5 | 2.52 | 6.56 | -2.54 | 33.33 | 30.6 | 10.83 | 19.4 | 19.01 | 0.00 | 0 | 0 |
| 21Q4 (9) | 10.67 | 12.32 | 35.06 | 0 | 0 | -100.0 | 2.17 | -15.89 | 65.65 | 0 | 0 | 0 | 8.41 | 1.45 | 0.72 | 0.96 | 3.23 | -15.04 | 7.7 | -2.78 | -3.51 | 22.66 | -2.95 | -26.11 | 7.66 | -10.41 | 13.65 | 0.29 | 0.0 | 0 | 10.19 | -1.74 | 28.18 | 0.11 | -8.33 | -21.43 | 9.94 | 0.0 | 9.96 | 2.44 | 0.0 | 31.89 | 3.7 | 0.0 | 0.0 | 12.88 | 8.05 | 9.71 | 19.02 | 5.32 | 10.07 | -3.81 | 4.99 | -7.02 | 9.07 | 14.66 | 10.88 | 0.00 | 0 | 0 |
| 21Q3 (8) | 9.5 | -16.0 | 34.75 | 0 | -100.0 | -100.0 | 2.58 | 52.66 | 103.15 | 0 | 0 | 0 | 8.29 | -3.6 | 12.33 | 0.93 | -14.68 | 19.23 | 7.92 | -2.46 | 15.45 | 23.35 | -5.08 | -16.61 | 8.55 | -2.06 | 52.68 | 0.29 | 0 | 0 | 10.37 | 17.97 | 64.34 | 0.12 | -7.69 | -14.29 | 9.94 | 9.96 | 9.96 | 2.44 | 31.89 | 31.89 | 3.7 | 0.0 | 0.0 | 11.92 | -13.94 | 12.35 | 18.06 | -6.86 | 11.83 | -4.01 | 1.23 | 4.07 | 7.91 | -19.2 | 23.02 | 0.00 | 0 | 0 |
| 21Q2 (7) | 11.31 | 24.7 | 52.84 | 1.39 | -2.8 | 2216.67 | 1.69 | 19.01 | 15.75 | 0 | 0 | 0 | 8.6 | -0.92 | 72.69 | 1.09 | 6.86 | -70.05 | 8.12 | -1.69 | 65.04 | 24.60 | -12.48 | 0 | 8.73 | 11.35 | 58.73 | 0 | 0 | 0 | 8.79 | -2.33 | 110.29 | 0.13 | 0.0 | -7.14 | 9.04 | 0.0 | 0.0 | 1.85 | 0.0 | 0.0 | 3.7 | 0.0 | 0.0 | 13.85 | 8.54 | 40.9 | 19.39 | 5.96 | 26.07 | -4.06 | -10.93 | 9.38 | 9.79 | 7.58 | 82.99 | 0.00 | 0 | 0 |
| 21Q1 (6) | 9.07 | 14.81 | 1.34 | 1.43 | 68.24 | 694.44 | 1.42 | 8.4 | -26.8 | 0 | 0 | 0 | 8.68 | 3.95 | 63.47 | 1.02 | -9.73 | 155.0 | 8.26 | 3.51 | 61.33 | 28.10 | -8.36 | 0 | 7.84 | 16.32 | 26.66 | 0 | 0 | 0 | 9.0 | 13.21 | 86.34 | 0.13 | -7.14 | -13.33 | 9.04 | 0.0 | 4.99 | 1.85 | 0.0 | 14.91 | 3.7 | 0.0 | 30.74 | 12.76 | 8.69 | 32.64 | 18.3 | 5.9 | 30.16 | -3.66 | -2.81 | 17.38 | 9.1 | 11.25 | 75.34 | 0.00 | 0 | 0 |
| 20Q4 (5) | 7.9 | 12.06 | -29.59 | 0.85 | 304.76 | 0 | 1.31 | 3.15 | -36.71 | 0 | 0 | 0 | 8.35 | 13.14 | 22.25 | 1.13 | 44.87 | 61.43 | 7.98 | 16.33 | 25.67 | 30.67 | 9.53 | 0 | 6.74 | 20.36 | 9.42 | 0 | 0 | 0 | 7.95 | 25.99 | 68.79 | 0.14 | 0.0 | 100.0 | 9.04 | 0.0 | 4.99 | 1.85 | 0.0 | 14.91 | 3.7 | 0.0 | 30.74 | 11.74 | 10.65 | 27.19 | 17.28 | 7.0 | 26.5 | -3.56 | 14.83 | 3.78 | 8.18 | 27.22 | 47.92 | 0.00 | 0 | 0 |
| 20Q3 (4) | 7.05 | -4.73 | 0.0 | 0.21 | 250.0 | 0.0 | 1.27 | -13.01 | 0.0 | 0 | 0 | 0.0 | 7.38 | 48.19 | 0.0 | 0.78 | -78.57 | 0.0 | 6.86 | 39.43 | 0.0 | 28.00 | 0 | 0.0 | 5.6 | 1.82 | 0.0 | 0 | 0 | 0.0 | 6.31 | 50.96 | 0.0 | 0.14 | 0.0 | 0.0 | 9.04 | 0.0 | 0.0 | 1.85 | 0.0 | 0.0 | 3.7 | 0.0 | 0.0 | 10.61 | 7.93 | 0.0 | 16.15 | 5.01 | 0.0 | -4.18 | 6.7 | 0.0 | 6.43 | 20.19 | 0.0 | 0.00 | 0 | 0.0 |
