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) | 19.94 | -33.86 | 3.9 | 184.67 | 0.26 | 0 | 0 | 0 | 39.72 | -12.32 | 3.07 | -14.72 | 12.03 | 50.19 | 30.29 | 71.29 | 13.49 | 8.01 | 4.63 | 0.43 | 16.7 | 752.04 | 0.35 | 84.21 | 43.86 | 0.0 | 9.16 | 5.05 | 0 | 0 | 15.04 | -10.74 | 24.2 | -5.36 | 0.62 | -25.3 | 15.66 | -11.43 | 0.02 | 0 |
| 2022 (9) | 30.15 | -13.04 | 1.37 | -58.98 | 0 | 0 | 0 | 0 | 45.3 | -26.26 | 3.6 | -56.57 | 8.01 | -37.96 | 17.68 | -15.86 | 12.49 | -1.65 | 4.61 | -0.86 | 1.96 | 0 | 0.19 | 35.71 | 43.86 | 0.0 | 8.72 | 10.8 | 0 | 0 | 16.85 | -36.29 | 25.57 | -25.54 | 0.83 | -81.05 | 17.68 | -42.65 | 0.00 | 0 |
| 2021 (8) | 34.67 | 11.84 | 3.34 | 44.59 | 0 | 0 | 0 | 0 | 61.43 | 9.89 | 8.29 | 44.17 | 12.91 | -22.28 | 21.02 | -29.27 | 12.7 | 9.86 | 4.65 | 15.1 | 0 | 0 | 0.14 | 0.0 | 43.86 | 15.85 | 7.87 | 7.96 | 0.02 | -50.0 | 26.45 | 11.98 | 34.34 | 10.95 | 4.38 | 134.22 | 30.83 | 20.95 | 0.00 | -20.67 |
| 2020 (7) | 31.0 | 3.44 | 2.31 | -7.6 | 0.63 | 0 | 0 | 0 | 55.9 | 3.17 | 5.75 | -4.96 | 16.61 | 13.69 | 29.71 | 10.19 | 11.56 | -6.77 | 4.04 | 4388.89 | 7.49 | -8.1 | 0.14 | 0.0 | 37.86 | 0.0 | 7.29 | 8.97 | 0.04 | -50.0 | 23.62 | 28.3 | 30.95 | 22.87 | 1.87 | -32.97 | 25.49 | 20.24 | 0.00 | -5.52 |
| 2019 (6) | 29.97 | 11.41 | 2.5 | -66.12 | 0 | 0 | 0 | 0 | 54.18 | 0.99 | 6.05 | -7.35 | 14.61 | -12.36 | 26.97 | -13.21 | 12.4 | -6.84 | 0.09 | 800.0 | 8.15 | 226.0 | 0.14 | 55.56 | 37.86 | -15.0 | 6.69 | 10.76 | 0.08 | 0 | 18.41 | 19.78 | 25.19 | 17.66 | 2.79 | 10.28 | 21.2 | 18.44 | 0.00 | 3.62 |
| 2018 (5) | 26.9 | 5.7 | 7.38 | -18.0 | 0 | 0 | 0 | 0 | 53.65 | -4.03 | 6.53 | -2.83 | 16.67 | 6.38 | 31.07 | 10.84 | 13.31 | 21.22 | 0.01 | -80.0 | 2.5 | 0 | 0.09 | 0.0 | 44.54 | 0.0 | 6.04 | 12.48 | 0 | 0 | 15.37 | 21.02 | 21.41 | 14.74 | 2.53 | 13.45 | 17.9 | 19.89 | 0.00 | -4.08 |
| 2017 (4) | 25.45 | -19.05 | 9.0 | 59.57 | 0 | 0 | 0 | 0 | 55.9 | 1.86 | 6.72 | -21.4 | 15.67 | -4.97 | 28.03 | -6.71 | 10.98 | -19.38 | 0.05 | 400.0 | 0 | 0 | 0.09 | 0.0 | 44.54 | -18.38 | 5.37 | 19.07 | 0.59 | 0 | 12.7 | -11.68 | 18.66 | -1.22 | 2.23 | 0 | 14.93 | 7.41 | 0.00 | 9.55 |
| 2016 (3) | 31.44 | -19.8 | 5.64 | -38.5 | 4.2 | 87.5 | 0 | 0 | 54.88 | -2.54 | 8.55 | 49.21 | 16.49 | 5.91 | 30.05 | 8.67 | 13.62 | 19.06 | 0.01 | -99.77 | 0 | 0 | 0.09 | -10.0 | 54.57 | 0.0 | 4.51 | 14.47 | 0 | 0 | 14.38 | 17.97 | 18.89 | 17.11 | -0.48 | 0 | 13.9 | 11.47 | 0.00 | -2.5 |
| 2015 (2) | 39.2 | 2.08 | 9.17 | -0.76 | 2.24 | -24.32 | 0 | 0 | 56.31 | -10.86 | 5.73 | 1.96 | 15.57 | -13.69 | 27.65 | -3.18 | 11.44 | -6.08 | 4.33 | 1.41 | 10.15 | -17.88 | 0.1 | -23.08 | 54.57 | 0.0 | 3.94 | 16.57 | 0 | 0 | 12.19 | 12.45 | 16.13 | 12.4 | 0.28 | -50.88 | 12.47 | 9.29 | 0.00 | -1.94 |
| 2014 (1) | 38.4 | 6.25 | 9.24 | 8.71 | 2.96 | 51.02 | 0 | 0 | 63.17 | -1.17 | 5.62 | 33.81 | 18.04 | -4.85 | 28.56 | -3.72 | 12.18 | 0.25 | 4.27 | 18.94 | 12.36 | -19.58 | 0.13 | 0.0 | 54.57 | 0.0 | 3.38 | 14.19 | 0.13 | -90.23 | 10.84 | 40.05 | 14.35 | 19.29 | 0.57 | 0 | 11.41 | 47.61 | 0.00 | -4.04 |
| 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) | 24.1 | -11.17 | 5.79 | 10.47 | 177.72 | 101.73 | 1.31 | 52.33 | 2083.33 | 0 | 0 | 0 | 11.53 | 6.66 | 2.85 | -1.71 | -210.91 | -224.82 | 13.65 | 18.39 | 10.71 | 32.52 | 17.48 | 0.87 | 15.69 | 20.41 | 27.77 | 4.77 | 1.06 | 3.7 | 31.73 | -0.6 | 208.66 | 0.63 | 5.0 | 110.0 | 43.86 | 0.0 | 0.0 | 9.46 | 0.0 | 3.28 | 0 | 0 | 0 | 9.93 | -14.69 | -34.84 | 19.39 | -8.15 | -20.57 | 0.38 | 90.0 | -77.11 | 10.31 | -12.92 | -38.99 | 0.03 | -0.23 | 33.1 |
| 24Q2 (19) | 27.13 | -4.27 | 17.96 | 3.77 | 2.72 | 119.19 | 0.86 | 72.0 | 0 | 0 | 0 | 0 | 10.81 | 12.96 | 6.82 | -0.55 | -52.78 | -147.83 | 11.53 | 5.88 | 5.88 | 27.68 | 4.12 | -4.37 | 13.03 | -2.69 | 9.31 | 4.72 | 2.61 | 3.06 | 31.92 | 14.49 | 382.9 | 0.6 | 87.5 | 361.54 | 43.86 | 0.0 | 0.0 | 9.46 | 3.28 | 3.28 | 0 | 0 | 0 | 11.64 | -20.76 | -16.08 | 21.11 | -11.49 | -8.34 | 0.2 | 180.0 | -86.39 | 11.84 | -18.01 | -22.82 | 0.03 | -0.45 | 0 |
| 24Q1 (18) | 28.34 | 42.13 | -3.8 | 3.67 | -5.9 | 178.03 | 0.5 | 92.31 | 0 | 0 | 0 | 0 | 9.57 | -4.97 | 15.02 | -0.36 | -157.14 | -151.43 | 10.89 | -9.48 | 43.29 | 26.58 | -12.24 | 42.66 | 13.39 | -0.74 | 10.21 | 4.6 | -0.65 | 0.22 | 27.88 | 66.95 | 600.5 | 0.32 | -8.57 | 113.33 | 43.86 | 0.0 | 0.0 | 9.16 | 0.0 | 5.05 | 0 | 0 | 0 | 14.69 | -2.33 | -16.3 | 23.85 | -1.45 | -9.21 | -0.25 | -140.32 | -113.44 | 14.44 | -7.79 | -25.61 | 0.03 | 33.7 | 0 |
| 23Q4 (17) | 19.94 | -12.47 | -33.86 | 3.9 | -24.86 | 184.67 | 0.26 | 333.33 | 0 | 0 | 0 | 0 | 10.07 | -10.17 | 17.09 | -0.14 | -110.22 | 26.32 | 12.03 | -2.43 | 50.19 | 30.29 | -6.04 | 71.25 | 13.49 | 9.85 | 8.01 | 4.63 | 0.65 | 0.43 | 16.7 | 62.45 | 752.04 | 0.35 | 16.67 | 84.21 | 43.86 | 0.0 | 0.0 | 9.16 | 0.0 | 5.05 | 0 | 0 | 0 | 15.04 | -1.31 | -10.74 | 24.2 | -0.86 | -5.36 | 0.62 | -62.65 | -25.3 | 15.66 | -7.34 | -11.43 | 0.02 | 0.23 | 0 |
| 23Q3 (16) | 22.78 | -0.96 | -14.52 | 5.19 | 201.74 | 92.22 | 0.06 | 0 | 0 | 0 | 0 | 0 | 11.21 | 10.77 | 5.85 | 1.37 | 19.13 | 29.25 | 12.33 | 13.22 | -1.6 | 32.24 | 11.39 | 29.56 | 12.28 | 3.02 | -1.76 | 4.6 | 0.44 | 0.66 | 10.28 | 55.52 | 742.62 | 0.3 | 130.77 | 30.43 | 43.86 | 0.0 | 0.0 | 9.16 | 0.0 | 5.05 | 0 | 0 | 0 | 15.24 | 9.88 | -6.27 | 24.41 | 5.99 | -2.28 | 1.66 | 12.93 | -24.89 | 16.9 | 10.17 | -8.5 | 0.02 | 0 | 0 |
| 23Q2 (15) | 23.0 | -21.93 | -32.19 | 1.72 | 30.3 | -44.87 | 0 | 0 | 0 | 0 | 0 | 0 | 10.12 | 21.63 | -23.8 | 1.15 | 64.29 | -18.44 | 10.89 | 43.29 | -24.22 | 28.94 | 55.32 | 16.52 | 11.92 | -1.89 | -4.18 | 4.58 | -0.22 | -1.08 | 6.61 | 66.08 | 0 | 0.13 | -13.33 | -7.14 | 43.86 | 0.0 | 0.0 | 9.16 | 5.05 | 5.05 | 0 | 0 | 0 | 13.87 | -20.97 | -8.75 | 23.03 | -12.33 | -3.72 | 1.47 | -20.97 | -43.02 | 15.34 | -20.97 | -13.72 | 0.00 | 0 | -100.0 |
| 23Q1 (14) | 29.46 | -2.29 | -27.31 | 1.32 | -3.65 | -61.4 | 0 | 0 | 0 | 0 | 0 | 0 | 8.32 | -3.26 | -35.1 | 0.7 | 468.42 | -46.97 | 7.6 | -5.12 | -37.81 | 18.63 | 5.35 | -10.93 | 12.15 | -2.72 | -4.26 | 4.59 | -0.43 | 0.0 | 3.98 | 103.06 | 0 | 0.15 | -21.05 | -6.25 | 43.86 | 0.0 | 0.0 | 8.72 | 0.0 | 10.8 | 0 | 0 | -100.0 | 17.55 | 4.15 | -36.8 | 26.27 | 2.74 | -26.35 | 1.86 | 124.1 | -60.51 | 19.41 | 9.79 | -40.24 | 0.00 | 0 | -100.0 |
| 22Q4 (13) | 30.15 | 13.13 | -13.04 | 1.37 | -49.26 | -58.98 | 0 | 0 | 0 | 0 | 0 | 0 | 8.6 | -18.79 | -37.09 | -0.19 | -117.92 | -112.34 | 8.01 | -36.07 | -37.96 | 17.69 | -28.92 | -15.84 | 12.49 | -0.08 | -1.65 | 4.61 | 0.88 | -0.86 | 1.96 | 60.66 | 0 | 0.19 | -17.39 | 35.71 | 43.86 | 0.0 | 0.0 | 8.72 | 0.0 | 10.8 | 0 | 0 | -100.0 | 16.85 | 3.63 | -36.29 | 25.57 | 2.36 | -25.54 | 0.83 | -62.44 | -81.05 | 17.68 | -4.28 | -42.65 | 0.00 | 0 | -100.0 |
| 22Q3 (12) | 26.65 | -21.43 | -24.16 | 2.7 | -13.46 | -20.82 | 0 | 0 | -100.0 | 0 | 0 | 0 | 10.59 | -20.26 | -41.46 | 1.06 | -24.82 | -57.09 | 12.53 | -12.8 | -19.47 | 24.88 | 0.18 | -1.52 | 12.5 | 0.48 | 16.5 | 4.57 | -1.3 | -3.18 | 1.22 | 0 | 0 | 0.23 | 64.29 | 43.75 | 43.86 | 0.0 | 0.0 | 8.72 | 0.0 | 10.8 | 0 | 0 | -100.0 | 16.26 | 6.97 | -34.06 | 24.98 | 4.43 | -23.26 | 2.21 | -14.34 | 3.27 | 18.47 | 3.88 | -31.08 | 0.00 | -100.0 | -100.0 |
| 22Q2 (11) | 33.92 | -16.31 | 31.27 | 3.12 | -8.77 | 69.57 | 0 | 0 | -100.0 | 0 | 0 | 0 | 13.28 | 3.59 | -4.05 | 1.41 | 6.82 | -22.95 | 14.37 | 17.59 | 10.79 | 24.84 | 18.73 | 15.18 | 12.44 | -1.97 | 11.27 | 4.63 | 0.87 | 14.32 | 0 | 0 | 0 | 0.14 | -12.5 | 0.0 | 43.86 | 0.0 | 15.85 | 8.72 | 10.8 | 19.62 | 0 | -100.0 | -100.0 | 15.2 | -45.26 | -33.19 | 23.92 | -32.94 | -20.48 | 2.58 | -45.22 | 18.89 | 17.78 | -45.26 | -28.65 | 0.00 | 15.64 | -12.41 |
| 22Q1 (10) | 40.53 | 16.9 | 37.06 | 3.42 | 2.4 | 46.78 | 0 | 0 | -100.0 | 0 | 0 | 0 | 12.82 | -6.22 | -19.01 | 1.32 | -14.29 | -46.12 | 12.22 | -5.34 | -19.5 | 20.92 | -0.47 | -19.61 | 12.69 | -0.08 | 16.53 | 4.59 | -1.29 | 12.5 | 0 | 0 | 0 | 0.16 | 14.29 | 14.29 | 43.86 | 0.0 | 15.85 | 7.87 | 0.0 | 7.96 | 0.02 | 0.0 | -50.0 | 27.77 | 4.99 | 32.74 | 35.67 | 3.87 | 26.27 | 4.71 | 7.53 | 151.87 | 32.48 | 5.35 | 42.52 | 0.00 | -1.66 | -26.37 |
| 21Q4 (9) | 34.67 | -1.34 | 11.84 | 3.34 | -2.05 | 44.59 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 13.67 | -24.43 | -1.16 | 1.54 | -37.65 | -13.48 | 12.91 | -17.03 | -22.28 | 21.02 | -16.81 | -31.49 | 12.7 | 18.36 | 9.86 | 4.65 | -1.48 | 15.1 | 0 | 0 | -100.0 | 0.14 | -12.5 | 0.0 | 43.86 | 0.0 | 15.85 | 7.87 | 0.0 | 7.96 | 0.02 | 0.0 | -50.0 | 26.45 | 7.26 | 11.98 | 34.34 | 5.5 | 10.95 | 4.38 | 104.67 | 134.22 | 30.83 | 15.04 | 20.95 | 0.00 | -4.18 | -20.67 |
| 21Q3 (8) | 35.14 | 35.99 | 12.99 | 3.41 | 85.33 | 52.23 | 4.85 | -1.02 | 669.84 | 0 | 0 | 0 | 18.09 | 30.71 | 8.65 | 2.47 | 34.97 | 19.9 | 15.56 | 19.97 | -20.25 | 25.26 | 17.16 | -31.07 | 10.73 | -4.03 | -4.79 | 4.72 | 16.54 | 9340.0 | 0 | 0 | -100.0 | 0.16 | 14.29 | 6.67 | 43.86 | 15.85 | 15.85 | 7.87 | 7.96 | 7.96 | 0.02 | -50.0 | -50.0 | 24.66 | 8.4 | 36.62 | 32.55 | 8.21 | 28.25 | 2.14 | -1.38 | -8.94 | 26.8 | 7.54 | 31.37 | 0.00 | -19.62 | -22.06 |
| 21Q2 (7) | 25.84 | -12.61 | -12.94 | 1.84 | -21.03 | -22.69 | 4.9 | -37.74 | 1431.25 | 0 | 0 | 0 | 13.84 | -12.57 | 15.05 | 1.83 | -25.31 | 315.91 | 12.97 | -14.56 | -14.95 | 21.56 | -17.13 | 0 | 11.18 | 2.66 | -26.06 | 4.05 | -0.74 | 6650.0 | 0 | 0 | -100.0 | 0.14 | 0.0 | 16.67 | 37.86 | 0.0 | 0.0 | 7.29 | 0.0 | 0.0 | 0.04 | 0.0 | 0.0 | 22.75 | 8.75 | 44.63 | 30.08 | 6.48 | 30.44 | 2.17 | 16.04 | -8.44 | 24.92 | 9.35 | 37.68 | 0.00 | -2.8 | -6.12 |
| 21Q1 (6) | 29.57 | -4.61 | -5.13 | 2.33 | 0.87 | -11.74 | 7.87 | 1149.21 | 2359.38 | 0 | 0 | 0 | 15.83 | 14.46 | 36.0 | 2.45 | 37.64 | 100.82 | 15.18 | -8.61 | 7.51 | 26.02 | -15.17 | 0 | 10.89 | -5.8 | -20.68 | 4.08 | 0.99 | 3609.09 | 0 | -100.0 | -100.0 | 0.14 | 0.0 | 0.0 | 37.86 | 0.0 | 0.0 | 7.29 | 0.0 | 8.97 | 0.04 | 0.0 | -50.0 | 20.92 | -11.43 | 32.07 | 28.25 | -8.72 | 24.89 | 1.87 | 0.0 | -15.0 | 22.79 | -10.59 | 26.33 | 0.00 | 5.95 | -4.26 |
| 20Q4 (5) | 31.0 | -0.32 | 3.44 | 2.31 | 3.12 | -7.6 | 0.63 | 0.0 | 0 | 0 | 0 | 0 | 13.83 | -16.94 | 7.13 | 1.78 | -13.59 | 22.76 | 16.61 | -14.86 | 13.69 | 30.67 | -16.31 | 0 | 11.56 | 2.57 | -6.77 | 4.04 | 7980.0 | 4388.89 | 7.49 | 1.77 | -8.1 | 0.14 | -6.67 | 0.0 | 37.86 | 0.0 | 0.0 | 7.29 | 0.0 | 8.97 | 0.04 | 0.0 | -50.0 | 23.62 | 30.86 | 28.3 | 30.95 | 21.95 | 22.87 | 1.87 | -20.43 | -32.97 | 25.49 | 24.95 | 20.24 | 0.00 | -5.85 | -5.52 |
| 20Q3 (4) | 31.1 | 4.78 | 0.0 | 2.24 | -5.88 | 0.0 | 0.63 | 96.88 | 0.0 | 0 | 0 | 0.0 | 16.65 | 38.4 | 0.0 | 2.06 | 368.18 | 0.0 | 19.51 | 27.93 | 0.0 | 36.65 | 0 | 0.0 | 11.27 | -25.46 | 0.0 | 0.05 | -16.67 | 0.0 | 7.36 | -5.28 | 0.0 | 0.15 | 25.0 | 0.0 | 37.86 | 0.0 | 0.0 | 7.29 | 0.0 | 0.0 | 0.04 | 0.0 | 0.0 | 18.05 | 14.75 | 0.0 | 25.38 | 10.06 | 0.0 | 2.35 | -0.84 | 0.0 | 20.4 | 12.71 | 0.0 | 0.00 | -3.18 | 0.0 |
