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) | 13.64 | -22.06 | 54.29 | 17.38 | 12.16 | 99.02 | 0 | 0 | 72.0 | -6.99 | 3.66 | -48.01 | 14.85 | -1.33 | 20.62 | 6.09 | 7.02 | 83.29 | 2.39 | -18.98 | 65.51 | 13.4 | 7.21 | 45.07 | 25.64 | 0.0 | 8.27 | 7.4 | 0 | 0 | 14.64 | -15.33 | 22.92 | -8.28 | 0.02 | -81.82 | 14.66 | -15.75 | -0.01 | 0 |
| 2022 (9) | 17.5 | -34.75 | 46.25 | 5.67 | 6.11 | 772.86 | 0 | 0 | 77.41 | 27.38 | 7.04 | -38.62 | 15.05 | 17.49 | 19.44 | -7.77 | 3.83 | -5.2 | 2.95 | -12.98 | 57.77 | 34.07 | 4.97 | 0.0 | 25.64 | 0.27 | 7.7 | 17.38 | 0 | 0 | 17.29 | 17.62 | 24.99 | 17.54 | 0.11 | 175.0 | 17.4 | 18.05 | -0.03 | 0 |
| 2021 (8) | 26.82 | 158.63 | 43.77 | 90.39 | 0.7 | -27.08 | 0 | 0 | 60.77 | 30.21 | 11.47 | 67.69 | 12.81 | 42.02 | 21.08 | 9.07 | 4.04 | 106.12 | 3.39 | -49.7 | 43.09 | 163.39 | 4.97 | 185.63 | 25.57 | 1.19 | 6.56 | 11.56 | 0 | 0 | 14.7 | 80.37 | 21.26 | 51.32 | 0.04 | 300.0 | 14.74 | 80.64 | -0.04 | 0 |
| 2020 (7) | 10.37 | 9.5 | 22.99 | 185.59 | 0.96 | 638.46 | 0 | 0 | 46.67 | 34.53 | 6.84 | 58.7 | 9.02 | 23.39 | 19.33 | -8.28 | 1.96 | -20.0 | 6.74 | 391.97 | 16.36 | 272.67 | 1.74 | 37.01 | 25.27 | 0.0 | 5.88 | 7.89 | 0.03 | 0 | 8.15 | 88.22 | 14.05 | 43.66 | 0.01 | 0 | 8.16 | 89.33 | -0.03 | 0 |
| 2019 (6) | 9.47 | 68.21 | 8.05 | 36.21 | 0.13 | 62.5 | 1.8 | 0 | 34.69 | 20.2 | 4.31 | 116.58 | 7.31 | 21.23 | 21.07 | 0.85 | 2.45 | -40.1 | 1.37 | 7.87 | 4.39 | 0 | 1.27 | 12.39 | 25.27 | 0.0 | 5.45 | 3.81 | 0 | 0 | 4.33 | 116.5 | 9.78 | 32.34 | -0.02 | 0 | 4.31 | 107.21 | 0.04 | 620.27 |
| 2018 (5) | 5.63 | -11.62 | 5.91 | 629.63 | 0.08 | 0 | 0 | 0 | 28.86 | 102.24 | 1.99 | 0 | 6.03 | 27.48 | 20.89 | -36.96 | 4.09 | 18.9 | 1.27 | 32.29 | 0 | 0 | 1.13 | 197.37 | 25.27 | 0.0 | 5.25 | -12.35 | 0.14 | 0.0 | 2.0 | 0 | 7.39 | 37.11 | 0.08 | -27.27 | 2.08 | 0 | 0.01 | -80.48 |
| 2017 (4) | 6.37 | 127.5 | 0.81 | 0 | 0 | 0 | 0.08 | 33.33 | 14.27 | 19.31 | -0.74 | 0 | 4.73 | 53.57 | 33.15 | 28.71 | 3.44 | 20.7 | 0.96 | 26.32 | 0.25 | 0 | 0.38 | 375.0 | 25.27 | 0.0 | 5.99 | -21.29 | 0.14 | 0.0 | -0.74 | 0 | 5.39 | -12.07 | 0.11 | 0 | -0.63 | 0 | 0.03 | -56.92 |
| 2016 (3) | 2.8 | -45.63 | 0 | 0 | 0 | 0 | 0.06 | 0 | 11.96 | -19.46 | -1.65 | 0 | 3.08 | -8.88 | 25.75 | 13.14 | 2.85 | -27.48 | 0.76 | 0 | 0 | 0 | 0.08 | -80.0 | 25.27 | 0.0 | 7.61 | -9.08 | 0.14 | 0.0 | -1.62 | 0 | 6.13 | -22.99 | -0.36 | 0 | -1.98 | 0 | 0.07 | -34.88 |
| 2015 (2) | 5.15 | 28.43 | 0 | 0 | 0 | 0 | 0 | 0 | 14.85 | -15.96 | -0.37 | 0 | 3.38 | -16.75 | 22.76 | -0.94 | 3.93 | -9.03 | 0 | 0 | 0 | 0 | 0.4 | -6.98 | 25.27 | -3.81 | 8.37 | 0.72 | 0.14 | -6.67 | -0.55 | 0 | 7.96 | -11.06 | -0.21 | 0 | -0.76 | 0 | 0.11 | -4.99 |
| 2014 (1) | 4.01 | 10.77 | 0 | 0 | 0 | 0 | 0 | 0 | 17.67 | 0.34 | 0.6 | 39.53 | 4.06 | -1.46 | 22.98 | -1.79 | 4.32 | 8.27 | 0 | 0 | 0 | 0 | 0.43 | 65.38 | 26.27 | 0.0 | 8.31 | 0.24 | 0.15 | -34.78 | 0.49 | 113.04 | 8.95 | 2.4 | -0.14 | 0 | 0.35 | 337.5 | 0.11 | -0.03 |
| 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) | 12.38 | -8.57 | -28.85 | 63.38 | -0.49 | 6.24 | 12.44 | 4.8 | 35.07 | 0 | 0 | 0 | 17.96 | -10.11 | -8.13 | -2.05 | 16.33 | -138.37 | 14.11 | -10.36 | 0.43 | 18.75 | -8.46 | -2.71 | 8.77 | 8.81 | 38.77 | 6.38 | -2.0 | 143.51 | 69.99 | 9.82 | 8.49 | 6.47 | -1.82 | -12.21 | 25.65 | 0.04 | 0.04 | 8.64 | 0.0 | 4.47 | 0 | 0 | 0 | 12.78 | -13.82 | -3.33 | 21.42 | -8.73 | -0.33 | 0.25 | 56.25 | 108.33 | 13.03 | -13.08 | -2.32 | -0.05 | -63.11 | -105.64 |
| 24Q2 (19) | 13.54 | -13.37 | -31.86 | 63.69 | -0.76 | 19.05 | 11.87 | 1.37 | 51.6 | 0 | 0 | 0 | 19.98 | 8.0 | 11.0 | -2.45 | -136.35 | -345.0 | 15.74 | 22.11 | 37.71 | 20.48 | 18.96 | 32.67 | 8.06 | 9.66 | 36.61 | 6.51 | 2.2 | 153.31 | 63.73 | -0.2 | 4.1 | 6.59 | -2.66 | -12.13 | 25.64 | 0.0 | 0.0 | 8.64 | 4.47 | 4.47 | 0 | 0 | 0 | 14.83 | -15.98 | 5.33 | 23.47 | -9.45 | 5.01 | 0.16 | 33.33 | 633.33 | 14.99 | -15.64 | 6.69 | -0.03 | -91.08 | -36.11 |
| 24Q1 (18) | 15.63 | 14.59 | 8.09 | 64.18 | 18.22 | 15.14 | 11.71 | -3.7 | 81.27 | 0 | 0 | 0 | 18.5 | -1.65 | 18.29 | 6.74 | 371.33 | 224.04 | 12.89 | -13.2 | 6.44 | 17.22 | -16.51 | 8.02 | 7.35 | 4.7 | 63.7 | 6.37 | 166.53 | 125.89 | 63.86 | -2.52 | 15.6 | 6.77 | -6.1 | 14.36 | 25.64 | 0.0 | 0.0 | 8.27 | 0.0 | 7.4 | 0 | 0 | 0 | 17.65 | 20.56 | 27.81 | 25.92 | 13.09 | 20.5 | 0.12 | 500.0 | -7.69 | 17.77 | 21.21 | 27.47 | -0.02 | -19.93 | -35.94 |
| 23Q4 (17) | 13.64 | -21.61 | -22.06 | 54.29 | -9.0 | 17.38 | 12.16 | 32.03 | 99.02 | 0 | 0 | 0 | 18.81 | -3.79 | -4.57 | 1.43 | 266.28 | -79.03 | 14.85 | 5.69 | -1.33 | 20.62 | 7.02 | 6.07 | 7.02 | 11.08 | 83.29 | 2.39 | -8.78 | -18.98 | 65.51 | 1.55 | 13.4 | 7.21 | -2.17 | 45.07 | 25.64 | 0.0 | 0.0 | 8.27 | 0.0 | 7.4 | 0 | 0 | 0 | 14.64 | 10.74 | -15.33 | 22.92 | 6.65 | -8.28 | 0.02 | -83.33 | -81.82 | 14.66 | 9.9 | -15.75 | -0.01 | 44.98 | 42.49 |
| 23Q3 (16) | 17.4 | -12.43 | -15.7 | 59.66 | 11.51 | -6.55 | 9.21 | 17.62 | 530.82 | 0 | 0 | 0 | 19.55 | 8.61 | -5.46 | -0.86 | -186.0 | -114.33 | 14.05 | 22.92 | -15.56 | 19.27 | 24.83 | -13.5 | 6.32 | 7.12 | 64.58 | 2.62 | 1.95 | -15.48 | 64.51 | 5.37 | 29.82 | 7.37 | -1.73 | 57.82 | 25.64 | 0.0 | 0.27 | 8.27 | 0.0 | 7.4 | 0 | 0 | 0 | 13.22 | -6.11 | 31.02 | 21.49 | -3.85 | 20.8 | 0.12 | 500.0 | -29.41 | 13.34 | -5.05 | 30.02 | -0.03 | -7.95 | -298.72 |
| 23Q2 (15) | 19.87 | 37.41 | -12.12 | 53.5 | -4.02 | -15.91 | 7.83 | 21.21 | 843.37 | 0 | 0 | 0 | 18.0 | 15.09 | -9.73 | 1.0 | -51.92 | 130.03 | 11.43 | -5.62 | -32.0 | 15.44 | -3.14 | -35.61 | 5.9 | 31.4 | 37.53 | 2.57 | -8.87 | -20.43 | 61.22 | 10.83 | 38.85 | 7.5 | 26.69 | 55.93 | 25.64 | 0.0 | 0.27 | 8.27 | 7.4 | 7.4 | 0 | 0 | 0 | 14.08 | 1.96 | 243.41 | 22.35 | 3.91 | 89.57 | -0.03 | -123.08 | -123.08 | 14.05 | 0.79 | 232.15 | -0.02 | -90.84 | -268.63 |
| 23Q1 (14) | 14.46 | -17.37 | -33.12 | 55.74 | 20.52 | 17.42 | 6.46 | 5.73 | 687.8 | 0 | 0 | 0 | 15.64 | -20.65 | -8.38 | 2.08 | -69.5 | 184.9 | 12.11 | -19.53 | -9.08 | 15.94 | -18.02 | -22.12 | 4.49 | 17.23 | 11.41 | 2.82 | -4.41 | -14.02 | 55.24 | -4.38 | 28.08 | 5.92 | 19.11 | 20.08 | 25.64 | 0.0 | 0.27 | 7.7 | 0.0 | 17.38 | 0 | 0 | 0 | 13.81 | -20.13 | 12.73 | 21.51 | -13.93 | 14.35 | 0.13 | 18.18 | -31.58 | 13.94 | -19.89 | 12.06 | -0.01 | 49.26 | 76.78 |
| 22Q4 (13) | 17.5 | -15.21 | -34.75 | 46.25 | -27.55 | 5.67 | 6.11 | 318.49 | 772.86 | 0 | 0 | 0 | 19.71 | -4.69 | 16.01 | 6.82 | 13.67 | 149.82 | 15.05 | -9.56 | 17.49 | 19.44 | -12.73 | -7.76 | 3.83 | -0.26 | -5.2 | 2.95 | -4.84 | -12.98 | 57.77 | 16.26 | 34.07 | 4.97 | 6.42 | 0.0 | 25.64 | 0.27 | 0.27 | 7.7 | 0.0 | 17.38 | 0 | 0 | 0 | 17.29 | 71.36 | 17.62 | 24.99 | 40.47 | 17.54 | 0.11 | -35.29 | 175.0 | 17.4 | 69.59 | 18.05 | -0.03 | -281.46 | 33.93 |
| 22Q3 (12) | 20.64 | -8.71 | -33.61 | 63.84 | 0.35 | 25.89 | 1.46 | 75.9 | -84.22 | 0 | 0 | 0 | 20.68 | 3.71 | 28.45 | 6.0 | 280.18 | -0.17 | 16.64 | -1.01 | 42.34 | 22.28 | -7.08 | 8.44 | 3.84 | -10.49 | 0.0 | 3.1 | -4.02 | 39.01 | 49.69 | 12.7 | 80.17 | 4.67 | -2.91 | -6.97 | 25.57 | 0.0 | 1.19 | 7.7 | 0.0 | 17.38 | 0 | 0 | 0 | 10.09 | 146.1 | -15.71 | 17.79 | 50.89 | -3.99 | 0.17 | 30.77 | 666.67 | 10.26 | 142.55 | -14.07 | -0.01 | -145.66 | 54.22 |
| 22Q2 (11) | 22.61 | 4.58 | 42.65 | 63.62 | 34.02 | 86.9 | 0.83 | 1.22 | -58.29 | 0 | 0 | 0 | 19.94 | 16.81 | 33.65 | -3.33 | -35.92 | -437.1 | 16.81 | 26.2 | 59.34 | 23.98 | 17.16 | 18.88 | 4.29 | 6.45 | 74.39 | 3.23 | -1.52 | 50.93 | 44.09 | 2.23 | 172.16 | 4.81 | -2.43 | 26.91 | 25.57 | 0.0 | 1.19 | 7.7 | 17.38 | 30.95 | 0 | 0 | -100.0 | 4.1 | -66.53 | -60.61 | 11.79 | -37.32 | -27.76 | 0.13 | -31.58 | 533.33 | 4.23 | -66.0 | -59.25 | 0.01 | 126.28 | 246.56 |
| 22Q1 (10) | 21.62 | -19.39 | 15.0 | 47.47 | 8.45 | 45.3 | 0.82 | 17.14 | -43.06 | 0 | 0 | 0 | 17.07 | 0.47 | 33.78 | -2.45 | -189.74 | -173.35 | 13.32 | 3.98 | 48.33 | 20.47 | -2.91 | 10.24 | 4.03 | -0.25 | 91.0 | 3.28 | -3.24 | -52.81 | 43.13 | 0.09 | 158.42 | 4.93 | -0.8 | 173.89 | 25.57 | 0.0 | 1.19 | 6.56 | 0.0 | 11.56 | 0 | 0 | -100.0 | 12.25 | -16.67 | 6.43 | 18.81 | -11.52 | 8.04 | 0.19 | 375.0 | 1050.0 | 12.44 | -15.6 | 8.27 | -0.06 | -44.38 | -50.52 |
| 21Q4 (9) | 26.82 | -13.73 | 158.63 | 43.77 | -13.69 | 90.39 | 0.7 | -92.43 | -27.08 | 0 | 0 | 0 | 16.99 | 5.53 | 29.6 | 2.73 | -54.58 | -44.96 | 12.81 | 9.58 | 42.02 | 21.08 | 2.58 | 9.07 | 4.04 | 5.21 | 106.12 | 3.39 | 52.02 | -49.7 | 43.09 | 56.24 | 163.39 | 4.97 | -1.0 | 185.63 | 25.57 | 1.19 | 1.19 | 6.56 | 0.0 | 11.56 | 0 | 0 | -100.0 | 14.7 | 22.81 | 80.37 | 21.26 | 14.73 | 51.32 | 0.04 | 233.33 | 300.0 | 14.74 | 23.45 | 80.64 | -0.04 | -164.3 | -47.77 |
| 21Q3 (8) | 31.09 | 96.15 | 287.17 | 50.71 | 48.97 | 175.6 | 9.25 | 364.82 | 1678.85 | 0 | 0 | 0 | 16.1 | 7.91 | 39.88 | 6.01 | 1069.35 | 124.25 | 11.69 | 10.81 | 32.54 | 20.55 | 1.87 | 2.02 | 3.84 | 56.1 | 63.4 | 2.23 | 4.21 | -57.03 | 27.58 | 70.25 | 231.49 | 5.02 | 32.45 | 1334.29 | 25.27 | 0.0 | 0.0 | 6.56 | 11.56 | 11.56 | 0 | -100.0 | -100.0 | 11.97 | 14.99 | 276.42 | 18.53 | 13.54 | 104.07 | -0.03 | 0.0 | 40.0 | 11.94 | 15.03 | 281.47 | -0.01 | -46.17 | -65.59 |
| 21Q2 (7) | 15.85 | -15.69 | 108.55 | 34.04 | 4.19 | 288.14 | 1.99 | 38.19 | 0 | 0 | 0 | 0 | 14.92 | 16.93 | 35.76 | -0.62 | -118.56 | -145.93 | 10.55 | 17.48 | 24.85 | 20.17 | 8.66 | 0 | 2.46 | 16.59 | 3.8 | 2.14 | -69.21 | -61.51 | 16.2 | -2.94 | 99.51 | 3.79 | 110.56 | 982.86 | 25.27 | 0.0 | 0.0 | 5.88 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | 10.41 | -9.56 | 2024.49 | 16.32 | -6.26 | 155.0 | -0.03 | -50.0 | 62.5 | 10.38 | -9.66 | 2431.71 | -0.01 | 73.01 | -229.97 |
| 21Q1 (6) | 18.8 | 81.29 | 60.82 | 32.67 | 42.11 | 280.77 | 1.44 | 50.0 | 7100.0 | 0 | 0 | -100.0 | 12.76 | -2.67 | 15.37 | 3.34 | -32.66 | 254.63 | 8.98 | -0.44 | 10.86 | 18.57 | -3.94 | 0 | 2.11 | 7.65 | -17.9 | 6.95 | 3.12 | 430.53 | 16.69 | 2.02 | 106.3 | 1.8 | 3.45 | 45.16 | 25.27 | 0.0 | 0.0 | 5.88 | 0.0 | 7.89 | 0.03 | 0.0 | 0 | 11.51 | 41.23 | 430.41 | 17.41 | 23.91 | 128.48 | -0.02 | -300.0 | 33.33 | 11.49 | 40.81 | 436.92 | -0.04 | -41.74 | -227.03 |
| 20Q4 (5) | 10.37 | 29.14 | 9.5 | 22.99 | 24.95 | 185.59 | 0.96 | 84.62 | 638.46 | 0 | 0 | -100.0 | 13.11 | 13.9 | 28.15 | 4.96 | 85.07 | 303.25 | 9.02 | 2.27 | 23.39 | 19.33 | -4.04 | 0 | 1.96 | -16.6 | -20.0 | 6.74 | 29.87 | 391.97 | 16.36 | 96.63 | 272.67 | 1.74 | 397.14 | 37.01 | 25.27 | 0.0 | 0.0 | 5.88 | 0.0 | 7.89 | 0.03 | 0.0 | 0 | 8.15 | 156.29 | 88.22 | 14.05 | 54.74 | 43.66 | 0.01 | 120.0 | 150.0 | 8.16 | 160.7 | 89.33 | -0.03 | -196.16 | -162.19 |
| 20Q3 (4) | 8.03 | 5.66 | 0.0 | 18.4 | 109.81 | 0.0 | 0.52 | 0 | 0.0 | 0 | 0 | 0.0 | 11.51 | 4.73 | 0.0 | 2.68 | 98.52 | 0.0 | 8.82 | 4.38 | 0.0 | 20.14 | 0 | 0.0 | 2.35 | -0.84 | 0.0 | 5.19 | -6.65 | 0.0 | 8.32 | 2.46 | 0.0 | 0.35 | 0.0 | 0.0 | 25.27 | 0.0 | 0.0 | 5.88 | 0.0 | 0.0 | 0.03 | 0.0 | 0.0 | 3.18 | 548.98 | 0.0 | 9.08 | 41.88 | 0.0 | -0.05 | 37.5 | 0.0 | 3.13 | 663.41 | 0.0 | -0.01 | -214.73 | 0.0 |
