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) | 1.94 | -29.96 | 0.88 | 0 | 0.48 | -22.58 | 0 | 0 | 14.79 | -15.24 | 0.87 | -67.54 | 3.66 | -8.04 | 24.75 | 8.5 | 4.84 | -1.22 | 0.03 | 0 | 1.26 | -27.59 | 0.01 | 0.0 | 4.23 | 0.0 | 1.57 | 20.77 | 0.04 | -20.0 | 3.55 | -23.33 | 5.17 | -13.55 | -0.05 | 0 | 3.5 | -23.75 | 0.06 | 6.32 |
| 2022 (9) | 2.77 | -14.24 | 0 | 0 | 0.62 | 31.91 | 0 | 0 | 17.45 | 3.13 | 2.68 | 48.07 | 3.98 | 6.99 | 22.81 | 3.74 | 4.9 | 0.2 | 0 | 0 | 1.74 | 17.57 | 0.01 | 0.0 | 4.23 | 0.0 | 1.3 | 16.07 | 0.05 | 0.0 | 4.63 | 38.62 | 5.98 | 32.59 | -0.04 | 0 | 4.59 | 39.51 | 0.06 | 1.89 |
| 2021 (8) | 3.23 | 73.66 | 0.7 | 133.33 | 0.47 | -2.08 | 0 | 0 | 16.92 | 63.79 | 1.81 | 187.3 | 3.72 | 52.46 | 21.99 | -6.92 | 4.89 | 24.11 | 0 | 0 | 1.48 | 18.4 | 0.01 | 0.0 | 4.23 | 0.0 | 1.12 | 5.66 | 0.05 | -16.67 | 3.34 | 63.73 | 4.51 | 42.72 | -0.05 | 0 | 3.29 | 65.33 | 0.06 | 11.69 |
| 2020 (7) | 1.86 | -18.06 | 0.3 | -21.05 | 0.48 | -15.79 | 0 | 0 | 10.33 | -13.56 | 0.63 | -39.42 | 2.44 | -6.87 | 23.62 | 7.73 | 3.94 | -2.96 | 0 | 0 | 1.25 | -27.75 | 0.01 | 0 | 4.23 | 0.0 | 1.06 | 11.58 | 0.06 | 500.0 | 2.04 | -6.42 | 3.16 | 0.64 | -0.05 | 0 | 1.99 | -6.13 | 0.05 | 10.01 |
| 2019 (6) | 2.27 | 86.07 | 0.38 | 15.15 | 0.57 | 50.0 | 0 | 0 | 11.95 | 8.44 | 1.04 | -26.76 | 2.62 | -26.4 | 21.92 | -32.13 | 4.06 | -13.98 | 0 | 0 | 1.73 | -1.7 | 0 | 0 | 4.23 | -0.24 | 0.95 | 17.28 | 0.01 | 0 | 2.18 | 0.0 | 3.14 | 5.02 | -0.06 | 0 | 2.12 | -2.3 | 0.05 | 24.79 |
| 2018 (5) | 1.22 | -3.94 | 0.33 | -26.67 | 0.38 | -45.71 | 0 | 0 | 11.02 | 19.01 | 1.42 | 63.22 | 3.56 | 56.83 | 32.30 | 31.78 | 4.72 | 22.92 | 0 | 0 | 1.76 | 49.15 | 0 | 0 | 4.24 | 0.0 | 0.81 | 12.5 | 0 | 0 | 2.18 | 52.45 | 2.99 | 35.91 | -0.01 | 0 | 2.17 | 50.69 | 0.04 | 13.04 |
| 2017 (4) | 1.27 | 8.55 | 0.45 | -42.31 | 0.7 | 105.88 | 0 | 0 | 9.26 | 1.98 | 0.87 | 2.35 | 2.27 | -18.64 | 24.51 | -20.22 | 3.84 | -4.71 | 0 | 0 | 1.18 | -37.23 | 0 | 0 | 4.24 | 0.0 | 0.72 | 12.5 | 0.04 | 0.0 | 1.43 | 18.18 | 2.2 | 16.4 | 0.01 | 0 | 1.44 | 23.08 | 0.03 | -1.13 |
| 2016 (3) | 1.17 | 20.62 | 0.78 | 59.18 | 0.34 | 3.03 | 0 | 0 | 9.08 | 6.7 | 0.85 | 23.19 | 2.79 | 60.34 | 30.73 | 50.28 | 4.03 | -2.42 | 0 | 0 | 1.88 | -14.93 | 0 | 0 | 4.24 | 0.0 | 0.64 | 12.28 | 0.04 | -33.33 | 1.21 | 40.7 | 1.89 | 26.85 | -0.04 | 0 | 1.17 | 42.68 | 0.03 | 84.71 |
| 2015 (2) | 0.97 | 67.24 | 0.49 | 44.12 | 0.33 | 0.0 | 0 | 0 | 8.51 | 17.87 | 0.69 | 130.0 | 1.74 | 32.82 | 20.45 | 12.69 | 4.13 | 0.49 | 0 | 0 | 2.21 | -13.33 | 0 | 0 | 4.24 | 0.0 | 0.57 | 5.56 | 0.06 | 0.0 | 0.86 | 152.94 | 1.49 | 58.51 | -0.04 | 0 | 0.82 | 192.86 | 0.02 | 11.32 |
| 2014 (1) | 0.58 | -19.44 | 0.34 | 183.33 | 0.33 | -46.77 | 0 | 0 | 7.22 | 19.93 | 0.3 | 400.0 | 1.31 | 89.86 | 18.14 | 58.3 | 4.11 | -14.37 | 0 | 0 | 2.55 | -11.46 | 0 | 0 | 4.24 | 0.0 | 0.54 | 1.89 | 0.06 | -64.71 | 0.34 | 240.0 | 0.94 | 18.99 | -0.06 | 0 | 0.28 | 600.0 | 0.02 | -12.2 |
| 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) | 2.1 | -10.64 | -7.49 | 0.3 | -62.5 | -60.0 | 1.02 | 155.0 | 88.89 | 0 | 0 | 0 | 4.07 | 32.14 | -5.79 | 0.34 | 70.0 | -15.0 | 4.05 | 26.96 | 35.91 | 28.36 | 29.18 | 35.34 | 4.92 | -6.99 | -6.64 | 0 | 0 | -100.0 | 1.44 | 35.85 | 5.88 | 0.01 | 0.0 | 0.0 | 4.23 | 0.0 | 0.0 | 1.66 | 0.0 | 5.73 | 0.05 | 0.0 | 25.0 | 3.47 | 10.86 | 2.36 | 5.19 | 7.23 | 3.8 | -0.01 | 50.0 | 75.0 | 3.46 | 11.25 | 3.28 | 0.06 | 1.07 | 14.72 |
| 24Q2 (19) | 2.35 | 7.31 | -25.87 | 0.8 | 0.0 | 0 | 0.4 | -9.09 | -32.2 | 0 | 0 | 0 | 3.08 | 4.76 | 0.33 | 0.2 | 900.0 | 122.22 | 3.19 | 8.14 | 29.67 | 21.95 | 8.06 | 34.94 | 5.29 | 12.79 | -0.56 | 0 | -100.0 | 0 | 1.06 | -8.62 | -26.9 | 0.01 | 0.0 | 0.0 | 4.23 | 0.0 | 0.0 | 1.66 | 5.73 | 5.73 | 0.05 | 25.0 | 25.0 | 3.13 | -12.57 | 4.68 | 4.84 | -6.74 | 4.99 | -0.02 | 33.33 | 66.67 | 3.11 | -12.39 | 6.14 | 0.06 | 0.3 | 10.76 |
| 24Q1 (18) | 2.19 | 12.89 | -31.56 | 0.8 | -9.09 | 0 | 0.44 | -8.33 | -27.87 | 0 | 0 | 0 | 2.94 | -29.83 | -8.41 | 0.02 | -86.67 | -91.3 | 2.95 | -19.4 | -10.33 | 20.32 | -17.9 | 1.28 | 4.69 | -3.1 | -8.93 | 0.03 | 0.0 | 0 | 1.16 | -7.94 | -27.5 | 0.01 | 0.0 | 0.0 | 4.23 | 0.0 | 0.0 | 1.57 | 0.0 | 20.77 | 0.04 | 0.0 | -20.0 | 3.58 | 0.85 | -26.34 | 5.19 | 0.39 | -16.43 | -0.03 | 40.0 | 25.0 | 3.55 | 1.43 | -26.35 | 0.06 | 1.01 | 3.57 |
| 23Q4 (17) | 1.94 | -14.54 | -29.96 | 0.88 | 17.33 | 0 | 0.48 | -11.11 | -22.58 | 0 | 0 | 0 | 4.19 | -3.01 | 15.75 | 0.15 | -62.5 | -66.67 | 3.66 | 22.82 | -8.04 | 24.75 | 18.09 | 8.5 | 4.84 | -8.16 | -1.22 | 0.03 | 0.0 | 0 | 1.26 | -7.35 | -27.59 | 0.01 | 0.0 | 0.0 | 4.23 | 0.0 | 0.0 | 1.57 | 0.0 | 20.77 | 0.04 | 0.0 | -20.0 | 3.55 | 4.72 | -23.33 | 5.17 | 3.4 | -13.55 | -0.05 | -25.0 | -25.0 | 3.5 | 4.48 | -23.75 | 0.06 | 12.03 | 6.32 |
| 23Q3 (16) | 2.27 | -28.39 | 8.61 | 0.75 | 0 | 7.14 | 0.54 | -8.47 | 14.89 | 0 | 0 | 0 | 4.32 | 40.72 | -17.24 | 0.4 | 344.44 | -58.33 | 2.98 | 21.14 | -35.22 | 20.96 | 28.81 | -13.4 | 5.27 | -0.94 | 6.9 | 0.03 | 0 | 0 | 1.36 | -6.21 | -4.23 | 0.01 | 0.0 | 0.0 | 4.23 | 0.0 | 0.0 | 1.57 | 0.0 | 20.77 | 0.04 | 0.0 | -20.0 | 3.39 | 13.38 | -17.92 | 5.0 | 8.46 | -8.76 | -0.04 | 33.33 | -33.33 | 3.35 | 14.33 | -18.29 | 0.05 | -2.42 | -7.93 |
| 23Q2 (15) | 3.17 | -0.94 | 73.22 | 0 | 0 | -100.0 | 0.59 | -3.28 | 43.9 | 0 | 0 | 0 | 3.07 | -4.36 | -29.43 | 0.09 | -60.87 | -87.32 | 2.46 | -25.23 | -43.32 | 16.27 | -18.9 | -28.85 | 5.32 | 3.3 | 3.7 | 0 | 0 | 0 | 1.45 | -9.38 | 13.28 | 0.01 | 0.0 | 0.0 | 4.23 | 0.0 | 0.0 | 1.57 | 20.77 | 20.77 | 0.04 | -20.0 | -20.0 | 2.99 | -38.48 | -5.68 | 4.61 | -25.76 | 1.99 | -0.06 | -50.0 | -50.0 | 2.93 | -39.21 | -6.39 | 0.05 | -6.21 | -7.09 |
| 23Q1 (14) | 3.2 | 15.52 | 26.98 | 0 | 0 | -100.0 | 0.61 | -1.61 | 48.78 | 0 | 0 | 0 | 3.21 | -11.33 | -24.65 | 0.23 | -48.89 | -59.65 | 3.29 | -17.34 | -21.1 | 20.06 | -12.04 | -10.52 | 5.15 | 5.1 | 3.83 | 0 | 0 | 0 | 1.6 | -8.05 | 15.94 | 0.01 | 0.0 | 0.0 | 4.23 | 0.0 | 0.0 | 1.3 | 0.0 | 16.07 | 0.05 | 0.0 | 0.0 | 4.86 | 4.97 | 24.3 | 6.21 | 3.85 | 22.24 | -0.04 | 0.0 | -33.33 | 4.82 | 5.01 | 24.23 | 0.06 | 3.69 | 1.42 |
| 22Q4 (13) | 2.77 | 32.54 | -14.24 | 0 | -100.0 | -100.0 | 0.62 | 31.91 | 31.91 | 0 | 0 | 0 | 3.62 | -30.65 | -30.12 | 0.45 | -53.12 | -23.73 | 3.98 | -13.48 | 6.99 | 22.81 | -5.74 | 3.74 | 4.9 | -0.61 | 0.2 | 0 | 0 | 0 | 1.74 | 22.54 | 17.57 | 0.01 | 0.0 | 0.0 | 4.23 | 0.0 | 0.0 | 1.3 | 0.0 | 16.07 | 0.05 | 0.0 | 0.0 | 4.63 | 12.11 | 38.62 | 5.98 | 9.12 | 32.59 | -0.04 | -33.33 | 20.0 | 4.59 | 11.95 | 39.51 | 0.06 | -2.99 | 1.89 |
| 22Q3 (12) | 2.09 | 14.21 | 20.81 | 0.7 | 250.0 | 29.63 | 0.47 | 14.63 | -11.32 | 0 | 0 | 0 | 5.22 | 20.0 | 0.58 | 0.96 | 35.21 | 50.0 | 4.6 | 5.99 | -8.0 | 24.20 | 5.82 | -31.23 | 4.93 | -3.9 | 4.23 | 0 | 0 | 0 | 1.42 | 10.94 | -10.13 | 0.01 | 0.0 | 0.0 | 4.23 | 0.0 | 0.0 | 1.3 | 0.0 | 16.07 | 0.05 | 0.0 | 0.0 | 4.13 | 30.28 | 48.56 | 5.48 | 21.24 | 38.73 | -0.03 | 25.0 | 50.0 | 4.1 | 30.99 | 50.74 | 0.06 | -1.52 | 10.51 |
| 22Q2 (11) | 1.83 | -27.38 | 20.39 | 0.2 | -77.78 | 0 | 0.41 | 0.0 | -56.84 | 0 | 0 | 0 | 4.35 | 2.11 | 9.57 | 0.71 | 24.56 | 77.5 | 4.34 | 4.08 | 31.91 | 22.87 | 1.99 | -18.06 | 5.13 | 3.43 | 12.25 | 0 | 0 | 0 | 1.28 | -7.25 | 21.9 | 0.01 | 0.0 | 0.0 | 4.23 | 0.0 | 0.0 | 1.3 | 16.07 | 22.64 | 0.05 | 0.0 | -16.67 | 3.17 | -18.93 | 20.99 | 4.52 | -11.02 | 21.18 | -0.04 | -33.33 | 33.33 | 3.13 | -19.33 | 22.27 | 0.06 | 2.38 | 16.54 |
| 22Q1 (10) | 2.52 | -21.98 | 38.46 | 0.9 | 28.57 | 83.67 | 0.41 | -12.77 | -52.33 | 0 | 0 | 0 | 4.26 | -17.76 | 65.12 | 0.57 | -3.39 | 235.29 | 4.17 | 12.1 | 77.45 | 22.42 | 1.97 | -0.11 | 4.96 | 1.43 | 8.06 | 0 | 0 | 0 | 1.38 | -6.76 | 84.0 | 0.01 | 0.0 | 0.0 | 4.23 | 0.0 | 0.0 | 1.12 | 0.0 | 5.66 | 0.05 | 0.0 | -16.67 | 3.91 | 17.07 | 76.92 | 5.08 | 12.64 | 52.55 | -0.03 | 40.0 | 40.0 | 3.88 | 17.93 | 79.63 | 0.06 | 4.16 | 13.48 |
| 21Q4 (9) | 3.23 | 86.71 | 73.66 | 0.7 | 29.63 | 133.33 | 0.47 | -11.32 | -2.08 | 0 | 0 | 0 | 5.18 | -0.19 | 109.72 | 0.59 | -7.81 | 268.75 | 3.72 | -25.6 | 52.46 | 21.99 | -37.52 | -4.49 | 4.89 | 3.38 | 24.11 | 0 | 0 | 0 | 1.48 | -6.33 | 18.4 | 0.01 | 0.0 | 0.0 | 4.23 | 0.0 | 0.0 | 1.12 | 0.0 | 5.66 | 0.05 | 0.0 | -16.67 | 3.34 | 20.14 | 63.73 | 4.51 | 14.18 | 42.72 | -0.05 | 16.67 | 0.0 | 3.29 | 20.96 | 65.33 | 0.06 | 5.22 | 11.69 |
| 21Q3 (8) | 1.73 | 13.82 | -2.26 | 0.54 | 0 | 68.75 | 0.53 | -44.21 | 10.42 | 0 | 0 | 0 | 5.19 | 30.73 | 87.36 | 0.64 | 60.0 | 300.0 | 5.0 | 51.98 | 71.82 | 35.19 | 26.09 | 37.48 | 4.73 | 3.5 | 17.08 | 0 | 0 | 0 | 1.58 | 50.48 | 15.33 | 0.01 | 0.0 | 0.0 | 4.23 | 0.0 | 0.0 | 1.12 | 5.66 | 5.66 | 0.05 | -16.67 | -16.67 | 2.78 | 6.11 | 48.66 | 3.95 | 5.9 | 32.55 | -0.06 | 0.0 | 0.0 | 2.72 | 6.25 | 50.28 | 0.05 | 3.86 | 3.84 |
| 21Q2 (7) | 1.52 | -16.48 | -32.74 | 0 | -100.0 | -100.0 | 0.95 | 10.47 | 86.27 | 0 | 0 | 0 | 3.97 | 53.88 | 49.81 | 0.4 | 135.29 | 135.29 | 3.29 | 40.0 | 26.05 | 27.91 | 24.33 | 0 | 4.57 | -0.44 | 12.01 | 0 | 0 | 0 | 1.05 | 40.0 | -29.53 | 0.01 | 0.0 | 0.0 | 4.23 | 0.0 | 0.0 | 1.06 | 0.0 | 0.0 | 0.06 | 0.0 | 0.0 | 2.62 | 18.55 | 53.22 | 3.73 | 12.01 | 31.8 | -0.06 | -20.0 | 14.29 | 2.56 | 18.52 | 56.1 | 0.05 | -0.3 | -4.33 |
| 21Q1 (6) | 1.82 | -2.15 | -6.67 | 0.49 | 63.33 | 28.95 | 0.86 | 79.17 | 59.26 | 0 | 0 | 0 | 2.58 | 4.45 | -4.8 | 0.17 | 6.25 | 13.33 | 2.35 | -3.69 | -31.29 | 22.45 | -2.49 | 0 | 4.59 | 16.5 | 10.07 | 0 | 0 | 0 | 0.75 | -40.0 | -53.42 | 0.01 | 0.0 | 0 | 4.23 | 0.0 | 0.0 | 1.06 | 0.0 | 11.58 | 0.06 | 0.0 | 500.0 | 2.21 | 8.33 | -5.15 | 3.33 | 5.38 | 1.22 | -0.05 | 0.0 | 28.57 | 2.16 | 8.54 | -4.42 | 0.05 | 2.52 | 6.61 |
| 20Q4 (5) | 1.86 | 5.08 | -18.06 | 0.3 | -6.25 | -21.05 | 0.48 | 0.0 | -15.79 | 0 | 0 | 0 | 2.47 | -10.83 | -23.77 | 0.16 | 0.0 | 14.29 | 2.44 | -16.15 | -8.61 | 23.02 | -10.06 | 0 | 3.94 | -2.48 | -2.96 | 0 | 0 | 0 | 1.25 | -8.76 | -27.75 | 0.01 | 0.0 | 0 | 4.23 | 0.0 | 0.0 | 1.06 | 0.0 | 11.58 | 0.06 | 0.0 | 500.0 | 2.04 | 9.09 | -6.42 | 3.16 | 6.04 | 0.64 | -0.05 | 16.67 | 16.67 | 1.99 | 9.94 | -6.13 | 0.05 | -2.18 | 10.01 |
| 20Q3 (4) | 1.77 | -21.68 | 0.0 | 0.32 | -15.79 | 0.0 | 0.48 | -5.88 | 0.0 | 0 | 0 | 0.0 | 2.77 | 4.53 | 0.0 | 0.16 | -5.88 | 0.0 | 2.91 | 11.49 | 0.0 | 25.59 | 0 | 0.0 | 4.04 | -0.98 | 0.0 | 0 | 0 | 0.0 | 1.37 | -8.05 | 0.0 | 0.01 | 0.0 | 0.0 | 4.23 | 0.0 | 0.0 | 1.06 | 0.0 | 0.0 | 0.06 | 0.0 | 0.0 | 1.87 | 9.36 | 0.0 | 2.98 | 5.3 | 0.0 | -0.06 | 14.29 | 0.0 | 1.81 | 10.37 | 0.0 | 0.05 | -4.31 | 0.0 |
