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) | 40.98 | 51.05 | 0 | 0 | 1.22 | 0 | 0 | 0 | 159.41 | -6.66 | 5.68 | 421.1 | 31.33 | -9.58 | 19.65 | -3.13 | 33.03 | -18.83 | 0.54 | -96.3 | 5.29 | 0 | 7.85 | 51.84 | 60.28 | 0.5 | 21.44 | 0.7 | 6.93 | 0.0 | 5.47 | 264.67 | 33.84 | 13.86 | -16.15 | 0 | -10.68 | 0 | 0.22 | 218.17 |
| 2022 (9) | 27.13 | 23.6 | 0 | 0 | 0 | 0 | 0 | 0 | 170.78 | 10.0 | 1.09 | -54.39 | 34.65 | 0.26 | 20.29 | -8.86 | 40.69 | 21.54 | 14.58 | 0.76 | 0 | 0 | 5.17 | 9.53 | 59.98 | 0.0 | 21.29 | 0.9 | 6.93 | 67.8 | 1.5 | -49.83 | 29.72 | 5.32 | -14.03 | 0 | -12.53 | 0 | 0.07 | 16.93 |
| 2021 (8) | 21.95 | -64.69 | 0 | 0 | 0 | 0 | 0 | 0 | 155.25 | 2.28 | 2.39 | -80.73 | 34.56 | 12.79 | 22.26 | 10.28 | 33.48 | 37.04 | 14.47 | 3610.26 | 0 | 0 | 4.72 | -7.63 | 59.98 | -8.01 | 21.1 | 2.78 | 4.13 | 100.49 | 2.99 | -47.17 | 28.22 | -0.11 | -18.66 | 0 | -15.67 | 0 | 0.06 | 18.1 |
| 2020 (7) | 62.16 | 97.9 | 0 | 0 | 0 | 0 | 0 | 0 | 151.79 | -10.69 | 12.4 | 0 | 30.64 | -15.24 | 20.19 | -5.1 | 24.43 | -13.89 | 0.39 | -98.12 | 0 | 0 | 5.11 | -12.8 | 65.2 | 0.0 | 20.53 | 0.0 | 2.06 | 0.0 | 5.66 | 0 | 28.25 | 60.51 | -16.09 | 0 | -10.43 | 0 | 0.05 | -2.69 |
| 2019 (6) | 31.41 | -29.02 | 0 | 0 | 3.01 | -22.02 | 0 | 0 | 169.96 | -12.31 | -5.08 | 0 | 36.15 | -15.52 | 21.27 | -3.65 | 28.37 | -8.84 | 20.7 | -7.92 | 0 | 0 | 5.86 | -5.79 | 65.2 | 0.0 | 20.53 | -2.61 | 2.06 | 0 | -4.99 | 0 | 17.6 | -24.27 | -14.05 | 0 | -19.04 | 0 | 0.05 | 17.04 |
| 2018 (5) | 44.25 | 19.4 | 9.5 | -24.0 | 3.86 | -3.02 | 0 | 0 | 193.83 | 0.35 | 1.06 | 0 | 42.79 | 1.91 | 22.08 | 1.55 | 31.12 | -2.45 | 22.48 | -8.24 | 0 | 0 | 6.22 | 3.15 | 65.2 | 0.0 | 21.08 | 0.0 | 0 | 0 | 2.16 | 0 | 23.24 | 22.06 | -13.15 | 0 | -10.99 | 0 | 0.04 | 0.48 |
| 2017 (4) | 37.06 | -14.09 | 12.5 | -2.34 | 3.98 | -69.27 | 0 | 0 | 193.16 | -15.73 | -1.93 | 0 | 41.99 | -9.97 | 21.74 | 6.84 | 31.9 | 3.0 | 24.5 | -22.44 | 0 | 0 | 6.03 | -10.27 | 65.2 | 0.0 | 21.08 | -8.19 | 0 | 0 | -2.04 | 0 | 19.04 | -9.68 | -9.93 | 0 | -11.97 | 0 | 0.04 | -0.56 |
| 2016 (3) | 43.14 | 10.14 | 12.8 | -11.6 | 12.95 | 0 | 0 | 0 | 229.22 | -13.87 | -9.54 | 0 | 46.64 | -6.25 | 20.35 | 8.85 | 30.97 | -32.02 | 31.59 | -1.5 | 0 | 0 | 6.72 | -6.15 | 65.2 | -3.69 | 22.96 | 0.0 | 6.78 | 22.38 | -8.67 | 0 | 21.08 | -34.31 | -7.69 | 0 | -16.36 | 0 | 0.04 | 16.08 |
| 2015 (2) | 39.17 | 8.41 | 14.48 | -42.4 | 0 | 0 | 0 | 0 | 266.14 | -12.18 | -18.71 | 0 | 49.75 | -25.14 | 18.69 | -14.76 | 45.56 | -31.62 | 32.07 | -13.65 | 12.76 | 0 | 7.16 | 5.14 | 67.7 | 4.51 | 22.96 | 0.26 | 5.54 | -15.03 | 3.58 | -84.6 | 32.09 | -39.06 | -6.78 | 0 | -3.2 | 0 | 0.04 | 32.34 |
| 2014 (1) | 36.13 | 3.44 | 25.14 | 0 | 2.11 | 75.83 | 0 | 0 | 303.06 | -0.82 | 0.62 | -90.43 | 66.46 | -1.39 | 21.93 | -0.57 | 66.63 | 10.21 | 37.14 | -3.83 | 0 | 0 | 6.81 | 45.82 | 64.78 | 0.03 | 22.9 | 2.88 | 6.52 | -19.9 | 23.24 | -26.2 | 52.66 | -14.91 | -5.54 | 0 | 17.7 | -29.11 | 0.03 | 54.27 |
| 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) | 38.79 | -6.89 | -3.82 | 0 | 0 | 0 | 1.06 | -13.11 | -13.11 | 0 | 0 | 0 | 36.8 | -1.08 | -3.77 | 1.78 | 709.09 | 1086.67 | 33.15 | -5.56 | -2.96 | 22.59 | -4.63 | 10.13 | 28.13 | -2.97 | -33.25 | 0.4 | -11.11 | -9.09 | 4.54 | -2.99 | -18.78 | 8.01 | 0.38 | -9.29 | 60.25 | 0.0 | -0.05 | 21.99 | 0.0 | 2.57 | 8.64 | 0.0 | 24.68 | 1.46 | 570.97 | -72.14 | 32.1 | 5.87 | -4.49 | -15.02 | -13.53 | -3.23 | -13.56 | -0.15 | -45.65 | 0.22 | -3.13 | 1.31 |
| 24Q2 (19) | 41.66 | 1.73 | 8.49 | 0 | 0 | 0 | 1.22 | 0.0 | 0.0 | 0 | 0 | 0 | 37.2 | 4.41 | -10.38 | 0.22 | 141.51 | -94.29 | 35.1 | 9.28 | -11.65 | 23.69 | 12.46 | 3.23 | 28.99 | -3.27 | -38.32 | 0.45 | -11.76 | -2.17 | 4.68 | -6.02 | -34.27 | 7.98 | 0.5 | -8.28 | 60.25 | -0.03 | 0.45 | 21.99 | 2.57 | 2.57 | 8.64 | 24.68 | 24.68 | -0.31 | -117.92 | -106.09 | 30.32 | 0.73 | -9.41 | -13.23 | 9.88 | 11.45 | -13.54 | -4.56 | -37.46 | 0.23 | 0.54 | 3.61 |
| 24Q1 (18) | 40.95 | -0.07 | 70.91 | 0 | 0 | 0 | 1.22 | 0.0 | 0 | 0 | 0 | 0 | 35.63 | -3.96 | -16.28 | -0.53 | -289.29 | -138.13 | 32.12 | 2.52 | -10.08 | 21.07 | 7.18 | 2.13 | 29.97 | -9.26 | -28.23 | 0.51 | -5.56 | -96.52 | 4.98 | -5.86 | 0 | 7.94 | 1.15 | 55.08 | 60.27 | -0.02 | 0.48 | 21.44 | 0.0 | 0.7 | 6.93 | 0.0 | 0.0 | 1.73 | -68.37 | -40.14 | 30.1 | -11.05 | -3.25 | -14.68 | 9.1 | 3.04 | -12.95 | -21.25 | -5.71 | 0.22 | 3.32 | 214.08 |
| 23Q4 (17) | 40.98 | 1.61 | 51.05 | 0 | 0 | 0 | 1.22 | 0.0 | 0 | 0 | 0 | 0 | 37.1 | -2.98 | -16.08 | 0.28 | 86.67 | -90.14 | 31.33 | -8.28 | -9.58 | 19.65 | -4.19 | -3.13 | 33.03 | -21.62 | -18.83 | 0.54 | 22.73 | -96.3 | 5.29 | -5.37 | 0 | 7.85 | -11.1 | 51.84 | 60.28 | 0.0 | 0.5 | 21.44 | 0.0 | 0.7 | 6.93 | 0.0 | 0.0 | 5.47 | 4.39 | 264.67 | 33.84 | 0.68 | 13.86 | -16.15 | -11.0 | -15.11 | -10.68 | -14.72 | 14.76 | 0.22 | 0.67 | 218.17 |
| 23Q3 (16) | 40.33 | 5.03 | 33.06 | 0 | 0 | -100.0 | 1.22 | 0.0 | 0 | 0 | 0 | 0 | 38.24 | -7.88 | -14.74 | 0.15 | -96.1 | 650.0 | 34.16 | -14.02 | -7.83 | 20.51 | -10.61 | -6.13 | 42.14 | -10.34 | 4.44 | 0.44 | -4.35 | -96.95 | 5.59 | -21.49 | 0 | 8.83 | 1.49 | 68.83 | 60.28 | 0.5 | 0.5 | 21.44 | 0.0 | 0.7 | 6.93 | 0.0 | 0.0 | 5.24 | 2.95 | 397.73 | 33.61 | 0.42 | 26.97 | -14.55 | 2.61 | -25.22 | -9.31 | 5.48 | 30.42 | 0.22 | -0.93 | 221.12 |
| 23Q2 (15) | 38.4 | 60.27 | 50.71 | 0 | 0 | 0 | 1.22 | 0 | 0 | 0 | 0 | 0 | 41.51 | -2.47 | -0.14 | 3.85 | 176.98 | 12733.33 | 39.73 | 11.23 | 14.99 | 22.95 | 11.26 | 9.13 | 47.0 | 12.55 | 21.07 | 0.46 | -96.86 | -96.77 | 7.12 | 0 | 0 | 8.7 | 69.92 | 75.05 | 59.98 | 0.0 | 0.0 | 21.44 | 0.7 | 0.7 | 6.93 | 0.0 | 0.0 | 5.09 | 76.12 | 387.57 | 33.47 | 7.59 | 26.49 | -14.94 | 1.32 | -9.53 | -9.85 | 19.59 | 36.08 | 0.22 | 204.8 | 241.34 |
| 23Q1 (14) | 23.96 | -11.68 | 5.92 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42.56 | -3.73 | 6.0 | 1.39 | -51.06 | 177.22 | 35.72 | 3.09 | 4.72 | 20.62 | 1.65 | -5.41 | 41.76 | 2.63 | 39.76 | 14.65 | 0.48 | 2.38 | 0 | 0 | 0 | 5.12 | -0.97 | 6.22 | 59.98 | 0.0 | 0.0 | 21.29 | 0.0 | 0.9 | 6.93 | 0.0 | 67.8 | 2.89 | 92.67 | 140.83 | 31.11 | 4.68 | 17.71 | -15.14 | -7.91 | 16.54 | -12.25 | 2.23 | 27.69 | 0.07 | 4.67 | 15.11 |
| 22Q4 (13) | 27.13 | -10.49 | 23.6 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 44.21 | -1.43 | 2.79 | 2.84 | 14100.0 | -33.18 | 34.65 | -6.5 | 0.26 | 20.29 | -7.16 | -8.85 | 40.69 | 0.84 | 21.54 | 14.58 | 1.11 | 0.76 | 0 | 0 | 0 | 5.17 | -1.15 | 9.53 | 59.98 | 0.0 | 0.0 | 21.29 | 0.0 | 0.9 | 6.93 | 0.0 | 67.8 | 1.5 | 185.23 | -49.83 | 29.72 | 12.28 | 5.32 | -14.03 | -20.74 | 24.81 | -12.53 | 6.35 | 20.04 | 0.07 | 1.6 | 16.93 |
| 22Q3 (12) | 30.31 | 18.96 | -5.69 | 1.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 44.85 | 7.89 | 13.31 | 0.02 | -33.33 | 107.41 | 37.06 | 7.26 | 12.58 | 21.85 | 3.93 | 2.1 | 40.35 | 3.94 | 15.78 | 14.42 | 1.26 | 35.15 | 0 | 0 | 0 | 5.23 | 5.23 | 10.11 | 59.98 | 0.0 | 0.0 | 21.29 | 0.0 | 0.9 | 6.93 | 0.0 | 67.8 | -1.76 | 0.56 | -30.37 | 26.47 | 0.04 | 10.85 | -11.62 | 14.81 | 34.87 | -13.38 | 13.17 | 30.28 | 0.07 | 5.31 | 13.43 |
| 22Q2 (11) | 25.48 | 12.64 | -41.09 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41.57 | 3.54 | 23.39 | 0.03 | 101.67 | 101.37 | 34.55 | 1.29 | 16.29 | 21.03 | -3.57 | 10.29 | 38.82 | 29.92 | 22.08 | 14.24 | -0.49 | 22.44 | 0 | 0 | 0 | 4.97 | 3.11 | 2.47 | 59.98 | 0.0 | -8.01 | 21.29 | 0.9 | 3.7 | 6.93 | 67.8 | 236.41 | -1.77 | -247.5 | -150.14 | 26.46 | 0.11 | 1.3 | -13.64 | 24.81 | 20.56 | -15.41 | 9.03 | -12.98 | 0.06 | 2.78 | 20.75 |
| 22Q1 (10) | 22.62 | 3.05 | -53.58 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40.15 | -6.65 | 3.0 | -1.8 | -142.35 | -395.08 | 34.11 | -1.3 | 9.43 | 21.81 | -2.04 | 7.77 | 29.88 | -10.75 | 18.29 | 14.31 | -1.11 | 15.59 | 0 | 0 | 0 | 4.82 | 2.12 | -3.6 | 59.98 | 0.0 | -8.01 | 21.1 | 0.0 | 2.78 | 4.13 | 0.0 | 100.49 | 1.2 | -59.87 | -79.02 | 26.43 | -6.34 | -6.64 | -18.14 | 2.79 | -14.52 | -16.94 | -8.1 | -67.39 | 0.06 | 6.32 | 20.5 |
| 21Q4 (9) | 21.95 | -31.71 | -64.69 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43.01 | 8.67 | 3.51 | 4.25 | 1674.07 | -57.07 | 34.56 | 4.98 | 12.79 | 22.26 | 3.99 | 10.28 | 33.48 | -3.93 | 37.04 | 14.47 | 35.61 | 3610.26 | 0 | 0 | 0 | 4.72 | -0.63 | -7.63 | 59.98 | 0.0 | -8.01 | 21.1 | 0.0 | 2.78 | 4.13 | 0.0 | 100.49 | 2.99 | 321.48 | -47.17 | 28.22 | 18.17 | -0.11 | -18.66 | -4.6 | -15.97 | -15.67 | 18.34 | -50.24 | 0.06 | -1.44 | 18.1 |
| 21Q3 (8) | 32.14 | -25.69 | -10.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 39.58 | 17.48 | -4.88 | -0.27 | 87.67 | -108.91 | 32.92 | 10.8 | 1.57 | 21.40 | 12.27 | 2.24 | 34.85 | 9.59 | 55.72 | 10.67 | -8.25 | -31.56 | 0 | 0 | 0 | 4.75 | -2.06 | -10.55 | 59.98 | -8.01 | -8.01 | 21.1 | 2.78 | 2.78 | 4.13 | 100.49 | 100.49 | -1.35 | -138.24 | 65.38 | 23.88 | -8.58 | 27.77 | -17.84 | -3.9 | -4.63 | -19.19 | -40.69 | 8.4 | 0.06 | 12.1 | 8.44 |
| 21Q2 (7) | 43.25 | -11.25 | 28.87 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33.69 | -13.57 | 5.55 | -2.19 | -459.02 | -4280.0 | 29.71 | -4.68 | -0.97 | 19.07 | -5.77 | 0 | 31.8 | 25.89 | 34.86 | 11.63 | -6.06 | -28.91 | 0 | 0 | 0 | 4.85 | -3.0 | -11.98 | 65.2 | 0.0 | 0.0 | 20.53 | 0.0 | 0.0 | 2.06 | 0.0 | 0.0 | 3.53 | -38.29 | 151.46 | 26.12 | -7.74 | 66.05 | -17.17 | -8.4 | -14.77 | -13.64 | -34.78 | 37.49 | 0.05 | 2.57 | -0.19 |
| 21Q1 (6) | 48.73 | -21.61 | 70.5 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 38.98 | -6.19 | 6.15 | 0.61 | -93.84 | 227.08 | 31.17 | 1.73 | -5.55 | 20.23 | 0.24 | 0 | 25.26 | 3.4 | 29.94 | 12.38 | 3074.36 | -32.83 | 0 | 0 | 0 | 5.0 | -2.15 | -12.43 | 65.2 | 0.0 | 0.0 | 20.53 | 0.0 | 0.0 | 2.06 | 0.0 | 0.0 | 5.72 | 1.06 | 183.99 | 28.31 | 0.21 | 79.52 | -15.84 | 1.55 | 9.74 | -10.12 | 2.97 | 58.46 | 0.05 | 4.2 | -1.56 |
| 20Q4 (5) | 62.16 | 72.52 | 97.9 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 41.55 | -0.14 | -6.75 | 9.9 | 226.73 | 3100.0 | 30.64 | -5.46 | -15.24 | 20.18 | -3.59 | 0 | 24.43 | 9.16 | -13.89 | 0.39 | -97.5 | -98.12 | 0 | 0 | 0 | 5.11 | -3.77 | -12.8 | 65.2 | 0.0 | 0.0 | 20.53 | 0.0 | 0.0 | 2.06 | 0.0 | 0.0 | 5.66 | 245.13 | 213.43 | 28.25 | 51.15 | 60.51 | -16.09 | 5.63 | -14.52 | -10.43 | 50.21 | 45.22 | 0.05 | -9.49 | -2.69 |
| 20Q3 (4) | 36.03 | 7.36 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 41.61 | 30.36 | 0.0 | 3.03 | 6160.0 | 0.0 | 32.41 | 8.03 | 0.0 | 20.94 | 0 | 0.0 | 22.38 | -5.09 | 0.0 | 15.59 | -4.71 | 0.0 | 0 | 0 | 0.0 | 5.31 | -3.63 | 0.0 | 65.2 | 0.0 | 0.0 | 20.53 | 0.0 | 0.0 | 2.06 | 0.0 | 0.0 | -3.9 | 43.15 | 0.0 | 18.69 | 18.82 | 0.0 | -17.05 | -13.97 | 0.0 | -20.95 | 3.99 | 0.0 | 0.05 | 3.18 | 0.0 |
