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) | 12.55 | -48.78 | 6.73 | -32.29 | 0 | 0 | 0 | 0 | 42.2 | -19.62 | 5.32 | 16.16 | 10.03 | 18.56 | 23.77 | 47.5 | 18.93 | 48.7 | 9.46 | -0.11 | 0 | 0 | 0.01 | -66.67 | 17.15 | 0.0 | 4.63 | 11.03 | 1.16 | -21.09 | 27.98 | 10.29 | 33.78 | 8.93 | -1.25 | 0 | 26.73 | 10.41 | 0.08 | -2.45 |
| 2022 (9) | 24.5 | 77.66 | 9.94 | -23.95 | 0 | 0 | 0 | 0 | 52.5 | 34.65 | 4.58 | 130.15 | 8.46 | 5.75 | 16.11 | -21.46 | 12.73 | 7.79 | 9.47 | 4.18 | 0 | 0 | 0.03 | 200.0 | 17.15 | 0.0 | 4.17 | 5.04 | 1.47 | 10.53 | 25.37 | 12.11 | 31.01 | 11.03 | -1.16 | 0 | 24.21 | 14.41 | 0.08 | -3.19 |
| 2021 (8) | 13.79 | 7.48 | 13.07 | 229.22 | 0 | 0 | 0 | 0 | 38.99 | 10.55 | 1.99 | 895.0 | 8.0 | 15.44 | 20.52 | 4.43 | 11.81 | 65.41 | 9.09 | -5.9 | 0 | 0 | 0.01 | -50.0 | 17.15 | 0.0 | 3.97 | 0.51 | 1.33 | -2.92 | 22.63 | 5.45 | 27.93 | 4.29 | -1.47 | 0 | 21.16 | 5.12 | 0.08 | -1.89 |
| 2020 (7) | 12.83 | -45.61 | 3.97 | 0 | 0 | 0 | 0 | 0 | 35.27 | -5.62 | 0.2 | -93.71 | 6.93 | -6.98 | 19.65 | -1.44 | 7.14 | 9.51 | 9.66 | 0.52 | 0 | 0 | 0.02 | -33.33 | 17.15 | 0.0 | 3.95 | 8.82 | 1.37 | 38.38 | 21.46 | -7.98 | 26.78 | -4.15 | -1.33 | 0 | 20.13 | -8.29 | 0.08 | -1.34 |
| 2019 (6) | 23.59 | 21.35 | 0 | 0 | 0 | 0 | 0 | 0 | 37.37 | -5.37 | 3.18 | 12.77 | 7.45 | -12.25 | 19.94 | -7.27 | 6.52 | 8.31 | 9.61 | 0.42 | 0 | 0 | 0.03 | 50.0 | 17.15 | 0.0 | 3.63 | 8.36 | 0.99 | 13.79 | 23.32 | 4.11 | 27.94 | 4.96 | -1.37 | 0 | 21.95 | 2.52 | 0.08 | 22.46 |
| 2018 (5) | 19.44 | 17.82 | 4.68 | 218.37 | 0 | 0 | 0 | 0 | 39.49 | -1.52 | 2.82 | 377.97 | 8.49 | -22.32 | 21.50 | -21.12 | 6.02 | 77.58 | 9.57 | -5.99 | 0 | 0 | 0.02 | 0 | 17.15 | 0.0 | 3.35 | 1.82 | 0.87 | 234.62 | 22.4 | 2.52 | 26.62 | 4.84 | -0.99 | 0 | 21.41 | 2.05 | 0.07 | -25.01 |
| 2017 (4) | 16.5 | -8.54 | 1.47 | 126.15 | 0 | 0 | 0 | 0 | 40.1 | -0.89 | 0.59 | -63.58 | 10.93 | 4.19 | 27.26 | 5.13 | 3.39 | -2.02 | 10.18 | -2.96 | 0 | 0 | 0 | 0 | 17.15 | 0.0 | 3.29 | 5.45 | 0.26 | 0 | 21.85 | -6.7 | 25.39 | -4.33 | -0.87 | 0 | 20.98 | -9.41 | 0.09 | 3.06 |
| 2016 (3) | 18.04 | -14.38 | 0.65 | -51.85 | 0 | 0 | 0 | 0 | 40.46 | -12.1 | 1.62 | -56.1 | 10.49 | -26.8 | 25.93 | -16.72 | 3.46 | -5.46 | 10.49 | 2.64 | 0 | 0 | 0 | 0 | 17.15 | 0.0 | 3.12 | 13.04 | 0 | 0 | 23.42 | -1.76 | 26.54 | -0.23 | -0.26 | 0 | 23.16 | -4.85 | 0.09 | 4.39 |
| 2015 (2) | 21.07 | 27.31 | 1.35 | -18.18 | 0 | 0 | 0 | 0 | 46.03 | -10.83 | 3.69 | 8.85 | 14.33 | -1.38 | 31.13 | 10.6 | 3.66 | 23.23 | 10.22 | -9.8 | 0 | 0 | 0 | 0 | 17.15 | 0.0 | 2.76 | 14.05 | 0 | 0 | 23.84 | 7.19 | 26.6 | 7.91 | 0.5 | 2.04 | 24.34 | 7.08 | 0.09 | -10.53 |
| 2014 (1) | 16.55 | 11.6 | 1.65 | 87.5 | 0 | 0 | 0 | 0 | 51.62 | -8.98 | 3.39 | 289.66 | 14.53 | 28.58 | 28.15 | 41.26 | 2.97 | 32.0 | 11.33 | -1.13 | 0 | 0 | 0 | 0 | 17.15 | -5.98 | 2.42 | 3.86 | 0 | 0 | 22.24 | 28.48 | 24.65 | 16.11 | 0.49 | -46.15 | 22.73 | 24.75 | 0.10 | 6.24 |
| 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) | 16.55 | -0.06 | 29.6 | 8.39 | 16.69 | 12.17 | 0 | 0 | 0 | 0 | 0 | 0 | 9.49 | 24.87 | -5.19 | -0.57 | -337.5 | -134.13 | 9.01 | 2.85 | 3.33 | 25.24 | 4.35 | 26.6 | 19.07 | 6.12 | 44.47 | 8.98 | -4.57 | -4.97 | 0 | 0 | 0 | 0.01 | 0.0 | -50.0 | 17.15 | 0.0 | 0.0 | 5.17 | 0.0 | 11.66 | 1.25 | 0.0 | 7.76 | 24.47 | -2.28 | -12.83 | 30.89 | -1.81 | -8.8 | -1.02 | 7.27 | 8.11 | 23.45 | -2.05 | -13.02 | 0.08 | 0.05 | 7.93 |
| 24Q2 (19) | 16.56 | -7.17 | 8.52 | 7.19 | 1.27 | -7.58 | 0 | 0 | 0 | 0 | 0 | 0 | 7.6 | -3.55 | -36.61 | 0.24 | -33.33 | -92.9 | 8.76 | 3.06 | 10.61 | 24.19 | 15.55 | 37.2 | 17.97 | 3.69 | 59.88 | 9.41 | 0.11 | 0.11 | 0 | 0 | 0 | 0.01 | 0.0 | -50.0 | 17.15 | 0.0 | 0.0 | 5.17 | 11.66 | 11.66 | 1.25 | 7.76 | 7.76 | 25.04 | -1.53 | -5.15 | 31.46 | 0.77 | -2.3 | -1.1 | 4.35 | 15.38 | 23.94 | -1.4 | -4.62 | 0.08 | 1.09 | 6.43 |
| 24Q1 (18) | 17.84 | 42.15 | -2.25 | 7.1 | 5.5 | -22.66 | 0 | 0 | 0 | 0 | 0 | 0 | 7.88 | -26.56 | -16.88 | 0.36 | 460.0 | -5.26 | 8.5 | -15.25 | 4.55 | 20.93 | -11.92 | 25.04 | 17.33 | -8.45 | 42.28 | 9.4 | -0.63 | -0.32 | 0 | 0 | 0 | 0.01 | 0.0 | -66.67 | 17.15 | 0.0 | 0.0 | 4.63 | 0.0 | 11.03 | 1.16 | 0.0 | -21.09 | 25.43 | -9.11 | 9.71 | 31.22 | -7.58 | 8.33 | -1.15 | 8.0 | -0.88 | 24.28 | -9.17 | 10.16 | 0.08 | 4.21 | 0.61 |
| 23Q4 (17) | 12.55 | -1.72 | -48.78 | 6.73 | -10.03 | -32.29 | 0 | 0 | 0 | 0 | 0 | 0 | 10.73 | 7.19 | -12.48 | -0.1 | -105.99 | 0.0 | 10.03 | 15.02 | 18.56 | 23.76 | 19.19 | 47.46 | 18.93 | 43.41 | 48.7 | 9.46 | 0.11 | -0.11 | 0 | 0 | 0 | 0.01 | -50.0 | -66.67 | 17.15 | 0.0 | 0.0 | 4.63 | 0.0 | 11.03 | 1.16 | 0.0 | -21.09 | 27.98 | -0.32 | 10.29 | 33.78 | -0.27 | 8.93 | -1.25 | -12.61 | -7.76 | 26.73 | -0.85 | 10.41 | 0.08 | 2.41 | -2.45 |
| 23Q3 (16) | 12.77 | -16.32 | -43.92 | 7.48 | -3.86 | -41.01 | 0 | 0 | 0 | 0 | 0 | 0 | 10.01 | -16.51 | -10.62 | 1.67 | -50.59 | -12.11 | 8.72 | 10.1 | -15.09 | 19.94 | 13.1 | -1.08 | 13.2 | 17.44 | 4.6 | 9.45 | 0.53 | -0.84 | 0 | 0 | 0 | 0.02 | 0.0 | 0.0 | 17.15 | 0.0 | 0.0 | 4.63 | 0.0 | 11.03 | 1.16 | 0.0 | -21.09 | 28.07 | 6.33 | 10.38 | 33.87 | 5.19 | 9.01 | -1.11 | 14.62 | -2.78 | 26.96 | 7.41 | 10.72 | 0.08 | -1.35 | -4.3 |
| 23Q2 (15) | 15.26 | -16.38 | 9.71 | 7.78 | -15.25 | -35.7 | 0 | 0 | 0 | 0 | 0 | 0 | 11.99 | 26.48 | -23.29 | 3.38 | 789.47 | 95.38 | 7.92 | -2.58 | -29.47 | 17.63 | 5.31 | -23.18 | 11.24 | -7.72 | 1.35 | 9.4 | -0.32 | -2.08 | 0 | 0 | 0 | 0.02 | -33.33 | 0.0 | 17.15 | 0.0 | 0.0 | 4.63 | 11.03 | 11.03 | 1.16 | -21.09 | -21.09 | 26.4 | 13.89 | 12.2 | 32.2 | 11.73 | 10.39 | -1.3 | -14.04 | -19.27 | 25.1 | 13.88 | 11.85 | 0.08 | -4.44 | -4.34 |
| 23Q1 (14) | 18.25 | -25.51 | 48.62 | 9.18 | -7.65 | -34.89 | 0 | 0 | 0 | 0 | 0 | 0 | 9.48 | -22.68 | -29.31 | 0.38 | 480.0 | -63.81 | 8.13 | -3.9 | -11.63 | 16.74 | 3.88 | -22.15 | 12.18 | -4.32 | 3.48 | 9.43 | -0.42 | -0.95 | 0 | 0 | 0 | 0.03 | 0.0 | 50.0 | 17.15 | 0.0 | 0.0 | 4.17 | 0.0 | 5.04 | 1.47 | 0.0 | 10.53 | 23.18 | -8.63 | 4.74 | 28.82 | -7.06 | 5.03 | -1.14 | 1.72 | 0.0 | 22.04 | -8.96 | 5.0 | 0.08 | 1.05 | -2.28 |
| 22Q4 (13) | 24.5 | 7.6 | 77.66 | 9.94 | -21.61 | -23.95 | 0 | 0 | 0 | 0 | 0 | 0 | 12.26 | 9.46 | 14.37 | -0.1 | -105.26 | -111.63 | 8.46 | -17.62 | 5.75 | 16.11 | -20.04 | -21.46 | 12.73 | 0.87 | 7.79 | 9.47 | -0.63 | 4.18 | 0 | 0 | 0 | 0.03 | 50.0 | 200.0 | 17.15 | 0.0 | 0.0 | 4.17 | 0.0 | 5.04 | 1.47 | 0.0 | 10.53 | 25.37 | -0.24 | 12.11 | 31.01 | -0.19 | 11.03 | -1.16 | -7.41 | 21.09 | 24.21 | -0.57 | 14.41 | 0.08 | 0.46 | -3.19 |
| 22Q3 (12) | 22.77 | 63.7 | 82.74 | 12.68 | 4.79 | -2.76 | 0 | 0 | 0 | 0 | 0 | 0 | 11.2 | -28.34 | 22.0 | 1.9 | 9.83 | 1287.5 | 10.27 | -8.55 | 26.79 | 20.15 | -12.17 | -6.92 | 12.62 | 13.8 | 44.06 | 9.53 | -0.73 | 10.43 | 0 | 0 | 0 | 0.02 | 0.0 | 0.0 | 17.15 | 0.0 | 0.0 | 4.17 | 0.0 | 5.04 | 1.47 | 0.0 | 10.53 | 25.43 | 8.07 | 16.97 | 31.07 | 6.51 | 14.86 | -1.08 | 0.92 | 29.41 | 24.35 | 8.51 | 20.48 | 0.08 | -1.39 | -2.12 |
| 22Q2 (11) | 13.91 | 13.27 | 15.63 | 12.1 | -14.18 | 5.86 | 0 | 0 | 0 | 0 | 0 | 0 | 15.63 | 16.55 | 64.87 | 1.73 | 64.76 | 133.78 | 11.23 | 22.07 | 29.08 | 22.95 | 6.73 | 0.01 | 11.09 | -5.78 | 16.74 | 9.6 | 0.84 | 11.5 | 0 | 0 | 0 | 0.02 | 0.0 | 0.0 | 17.15 | 0.0 | 0.0 | 4.17 | 5.04 | 5.04 | 1.47 | 10.53 | 10.53 | 23.53 | 6.33 | 7.44 | 29.17 | 6.3 | 7.2 | -1.09 | 4.39 | 27.81 | 22.44 | 6.91 | 10.05 | 0.08 | -2.39 | -0.88 |
| 22Q1 (10) | 12.28 | -10.95 | -14.84 | 14.1 | 7.88 | 98.59 | 0 | 0 | 0 | 0 | 0 | 0 | 13.41 | 25.09 | 39.54 | 1.05 | 22.09 | 90.91 | 9.2 | 15.0 | 9.26 | 21.50 | 4.79 | -2.81 | 11.77 | -0.34 | 51.87 | 9.52 | 4.73 | -1.24 | 0 | 0 | 0 | 0.02 | 100.0 | 0.0 | 17.15 | 0.0 | 0.0 | 3.97 | 0.0 | 0.51 | 1.33 | 0.0 | -2.92 | 22.13 | -2.21 | 4.63 | 27.44 | -1.75 | 3.66 | -1.14 | 22.45 | 18.57 | 20.99 | -0.8 | 6.28 | 0.08 | 0.12 | -1.18 |
| 21Q4 (9) | 13.79 | 10.67 | 7.48 | 13.07 | 0.23 | 229.22 | 0 | 0 | 0 | 0 | 0 | 0 | 10.72 | 16.78 | 17.29 | 0.86 | 637.5 | 396.55 | 8.0 | -1.23 | 15.44 | 20.52 | -5.24 | 4.43 | 11.81 | 34.82 | 65.41 | 9.09 | 5.33 | -5.9 | 0 | 0 | 0 | 0.01 | -50.0 | -50.0 | 17.15 | 0.0 | 0.0 | 3.97 | 0.0 | 0.51 | 1.33 | 0.0 | -2.92 | 22.63 | 4.09 | 5.45 | 27.93 | 3.25 | 4.29 | -1.47 | 3.92 | -10.53 | 21.16 | 4.7 | 5.12 | 0.08 | 1.57 | -1.89 |
| 21Q3 (8) | 12.46 | 3.57 | -15.92 | 13.04 | 14.09 | 345.05 | 0 | 0 | 0 | 0 | 0 | 0 | 9.18 | -3.16 | -5.26 | -0.16 | -121.62 | -300.0 | 8.1 | -6.9 | 16.05 | 21.65 | -5.63 | 8.57 | 8.76 | -7.79 | 34.15 | 8.63 | 0.23 | -9.73 | 0 | 0 | 0 | 0.02 | 0.0 | 0.0 | 17.15 | 0.0 | 0.0 | 3.97 | 0.0 | 0.51 | 1.33 | 0.0 | -2.92 | 21.74 | -0.73 | 0.0 | 27.05 | -0.59 | -0.04 | -1.53 | -1.32 | -2.68 | 20.21 | -0.88 | -0.2 | 0.08 | -0.14 | -2.93 |
| 21Q2 (7) | 12.03 | -16.57 | -23.18 | 11.43 | 60.99 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.48 | -1.35 | -1.46 | 0.74 | 34.55 | 105.56 | 8.7 | 3.33 | 14.47 | 22.94 | 3.71 | 0 | 9.5 | 22.58 | 33.05 | 8.61 | -10.68 | -10.22 | 0 | 0 | 0 | 0.02 | 0.0 | -33.33 | 17.15 | 0.0 | 0.0 | 3.97 | 0.51 | 0.51 | 1.33 | -2.92 | -2.92 | 21.9 | 3.55 | 0.55 | 27.21 | 2.8 | 0.41 | -1.51 | -7.86 | 6.79 | 20.39 | 3.24 | 1.14 | 0.08 | -2.68 | -1.87 |
| 21Q1 (6) | 14.42 | 12.39 | -16.94 | 7.1 | 78.84 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.61 | 5.14 | 40.91 | 0.55 | 289.66 | 223.53 | 8.42 | 21.5 | 9.92 | 22.12 | 12.59 | 0 | 7.75 | 8.54 | 23.8 | 9.64 | -0.21 | 0.63 | 0 | 0 | 0 | 0.02 | 0.0 | -33.33 | 17.15 | 0.0 | 0.0 | 3.95 | 0.0 | 8.82 | 1.37 | 0.0 | 38.38 | 21.15 | -1.44 | -9.96 | 26.47 | -1.16 | -5.83 | -1.4 | -5.26 | 3.45 | 19.75 | -1.89 | -10.39 | 0.08 | -0.61 | 0.7 |
| 20Q4 (5) | 12.83 | -13.43 | -45.61 | 3.97 | 35.49 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.14 | -5.68 | 3.04 | -0.29 | -625.0 | -161.7 | 6.93 | -0.72 | -6.98 | 19.65 | -1.48 | 0 | 7.14 | 9.34 | 9.51 | 9.66 | 1.05 | 0.52 | 0 | 0 | 0 | 0.02 | 0.0 | -33.33 | 17.15 | 0.0 | 0.0 | 3.95 | 0.0 | 8.82 | 1.37 | 0.0 | 38.38 | 21.46 | -1.29 | -7.98 | 26.78 | -1.03 | -4.15 | -1.33 | 10.74 | 2.92 | 20.13 | -0.59 | -8.29 | 0.08 | 0.5 | -1.34 |
| 20Q3 (4) | 14.82 | -5.36 | 0.0 | 2.93 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 9.69 | 0.73 | 0.0 | -0.04 | -111.11 | 0.0 | 6.98 | -8.16 | 0.0 | 19.94 | 0 | 0.0 | 6.53 | -8.54 | 0.0 | 9.56 | -0.31 | 0.0 | 0 | 0 | 0.0 | 0.02 | -33.33 | 0.0 | 17.15 | 0.0 | 0.0 | 3.95 | 0.0 | 0.0 | 1.37 | 0.0 | 0.0 | 21.74 | -0.18 | 0.0 | 27.06 | -0.15 | 0.0 | -1.49 | 8.02 | 0.0 | 20.25 | 0.45 | 0.0 | 0.08 | 0.95 | 0.0 |
