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) | 12.17 | -22.58 | 1.18 | -70.94 | 4.48 | 31.76 | 0 | 0 | 56.6 | -5.78 | -1.56 | 0 | 11.93 | 22.48 | 21.08 | 29.99 | 2.93 | -44.82 | 0 | 0 | 6.41 | -35.58 | 0 | 0 | 38.01 | 0.0 | 1.21 | 32.97 | 1.66 | 82.42 | 3.14 | -55.27 | 6.01 | -32.01 | -0.46 | 0 | 2.68 | -58.13 | 0.04 | 2.96 |
| 2022 (9) | 15.72 | -4.55 | 4.06 | 33.11 | 3.4 | -5.82 | 0 | 0 | 60.07 | -22.32 | 2.07 | -76.32 | 9.74 | -44.34 | 16.21 | -28.35 | 5.31 | -23.04 | 0 | 0 | 9.95 | 6.87 | 0 | 0 | 38.01 | 0.0 | 0.91 | 0 | 0.91 | -43.12 | 7.02 | -23.11 | 8.84 | -17.61 | -0.62 | 0 | 6.4 | -23.99 | 0.04 | -0.03 |
| 2021 (8) | 16.47 | 19.96 | 3.05 | 22.49 | 3.61 | -25.72 | 0 | 0 | 77.33 | 41.68 | 8.74 | 0 | 17.5 | 32.58 | 22.63 | -6.43 | 6.9 | 105.36 | 0 | 0 | 9.31 | 61.07 | 0 | 0 | 38.01 | 0.0 | 0 | 0 | 1.6 | -16.67 | 9.13 | 0 | 10.73 | 4026.92 | -0.71 | 0 | 8.42 | 0 | 0.04 | 9.87 |
| 2020 (7) | 13.73 | -19.47 | 2.49 | -41.82 | 4.86 | 21.8 | 0 | 0 | 54.58 | 15.66 | -1.64 | 0 | 13.2 | 20.99 | 24.18 | 4.61 | 3.36 | -2.61 | 0 | 0 | 5.78 | -35.99 | 0 | 0 | 38.01 | 0.0 | 0 | 0 | 1.92 | -15.42 | -1.66 | 0 | 0.26 | -79.2 | -0.65 | 0 | -2.31 | 0 | 0.04 | 4.57 |
| 2019 (6) | 17.05 | 39.87 | 4.28 | 189.19 | 3.99 | 1.27 | 0 | 0 | 47.19 | -9.99 | -5.52 | 0 | 10.91 | -1.09 | 23.12 | 9.9 | 3.45 | -0.86 | 0 | 0 | 9.03 | 17.73 | 0 | 0 | 38.01 | 0.0 | 3.59 | 0.0 | 2.27 | 77.34 | -4.61 | 0 | 1.25 | -82.27 | -0.74 | 0 | -5.35 | 0 | 0.03 | 11.84 |
| 2018 (5) | 12.19 | -31.94 | 1.48 | -56.08 | 3.94 | -16.7 | 0 | 0 | 52.43 | -13.54 | -2.07 | 0 | 11.03 | -15.67 | 21.04 | -2.47 | 3.48 | -24.68 | 0 | 0 | 7.67 | -30.27 | 0 | 0 | 38.01 | 0.0 | 3.59 | 3.76 | 1.28 | 4.92 | 2.19 | -57.23 | 7.05 | -28.13 | -1.01 | 0 | 1.18 | -75.21 | 0.03 | 13.44 |
| 2017 (4) | 17.91 | -0.5 | 3.37 | 41.6 | 4.73 | -1.05 | 0 | 0 | 60.64 | 7.86 | 1.31 | -43.78 | 13.08 | -0.23 | 21.57 | -7.5 | 4.62 | 11.59 | 0 | 0 | 11.0 | -25.73 | 0 | 0 | 38.01 | 0.0 | 3.46 | 7.12 | 1.22 | -2.4 | 5.12 | -13.07 | 9.81 | -5.4 | -0.36 | 0 | 4.76 | -17.36 | 0.03 | 7.29 |
| 2016 (3) | 18.0 | 25.09 | 2.38 | -38.97 | 4.78 | 58.8 | 0 | 0 | 56.22 | 2.03 | 2.33 | 0 | 13.11 | 8.08 | 23.32 | 5.93 | 4.14 | 13.74 | 0 | 0 | 14.81 | -13.14 | 0 | 0 | 38.01 | 0.0 | 3.23 | 0.0 | 1.25 | 32.98 | 5.89 | 52.2 | 10.37 | 29.14 | -0.13 | 0 | 5.76 | 41.18 | 0.03 | -2.76 |
| 2015 (2) | 14.39 | 41.36 | 3.9 | 55.38 | 3.01 | 107.59 | 0 | 0 | 55.1 | -7.18 | -0.79 | 0 | 12.13 | -6.55 | 22.01 | 0.68 | 3.64 | -5.94 | 0 | 0 | 17.05 | 29.36 | 0 | 0 | 38.01 | 0.0 | 3.23 | 6.25 | 0.94 | 571.43 | 3.87 | -49.81 | 8.03 | -26.26 | 0.21 | -77.66 | 4.08 | -52.83 | 0.03 | 1.49 |
| 2014 (1) | 10.18 | -7.79 | 2.51 | -15.2 | 1.45 | 47.96 | 0 | 0 | 59.36 | -1.85 | 1.87 | -48.2 | 12.98 | -1.74 | 21.87 | 0.11 | 3.87 | 5.74 | 0 | 0 | 13.18 | 410.85 | 0 | 0 | 38.01 | 0.0 | 3.04 | 13.43 | 0.14 | -78.79 | 7.71 | -4.58 | 10.89 | -4.64 | 0.94 | 0 | 8.65 | 8.94 | 0.03 | -0.91 |
| 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) | 14.59 | -5.32 | 11.04 | 1.39 | 85.33 | -60.62 | 3.46 | -11.73 | -25.43 | 0 | 0 | 0 | 13.71 | 0.07 | -8.6 | -0.94 | -194.0 | -487.5 | 11.87 | -3.96 | -11.42 | 21.36 | -1.73 | -13.32 | 2.77 | 4.14 | -19.71 | 0 | 0 | 0 | 5.07 | -8.32 | -28.19 | 0 | 0 | 0 | 38.01 | 0.0 | 0.0 | 1.21 | 0.0 | 0.0 | 0.93 | 0.0 | -43.98 | 3.01 | -23.8 | -17.08 | 5.16 | -15.41 | -20.62 | -0.17 | -183.33 | 58.54 | 2.84 | -26.99 | -11.8 | 0.04 | 0.97 | -6.62 |
| 24Q2 (19) | 15.41 | 41.51 | 12.98 | 0.75 | 7.14 | -78.51 | 3.92 | -6.67 | -19.01 | 0 | 0 | 0 | 13.7 | 1.11 | -4.93 | 1.0 | 208.7 | 9900.0 | 12.36 | -2.14 | 0.0 | 21.74 | -0.92 | -6.86 | 2.66 | -3.62 | -33.0 | 0 | 0 | 0 | 5.53 | -6.43 | -24.14 | 0 | 0 | 0 | 38.01 | 0.0 | 0.0 | 1.21 | 0.0 | 0.0 | 0.93 | -43.98 | -43.98 | 3.95 | 77.93 | 4.22 | 6.1 | 19.84 | -8.41 | -0.06 | 82.86 | 87.76 | 3.89 | 108.02 | 17.88 | 0.04 | -4.19 | -4.69 |
| 24Q1 (18) | 10.89 | -10.52 | -23.47 | 0.7 | -40.68 | -79.71 | 4.2 | -6.25 | -19.85 | 0 | 0 | 0 | 13.55 | -7.19 | 7.63 | -0.92 | -87.76 | 1.08 | 12.63 | 5.87 | 17.93 | 21.94 | 4.1 | 12.74 | 2.76 | -5.8 | -41.28 | 0 | 0 | 0 | 5.91 | -7.8 | -23.05 | 0 | 0 | 0 | 38.01 | 0.0 | 0.0 | 1.21 | 0.0 | 32.97 | 1.66 | 0.0 | 82.42 | 2.22 | -29.3 | -62.75 | 5.09 | -15.31 | -34.58 | -0.35 | 23.91 | 27.08 | 1.87 | -30.22 | -65.88 | 0.04 | -3.97 | 1.44 |
| 23Q4 (17) | 12.17 | -7.38 | -22.58 | 1.18 | -66.57 | -70.94 | 4.48 | -3.45 | 31.76 | 0 | 0 | 0 | 14.6 | -2.67 | 18.03 | -0.49 | -206.25 | -508.33 | 11.93 | -10.97 | 22.48 | 21.08 | -14.48 | 29.97 | 2.93 | -15.07 | -44.82 | 0 | 0 | 0 | 6.41 | -9.21 | -35.58 | 0 | 0 | 0 | 38.01 | 0.0 | 0.0 | 1.21 | 0.0 | 32.97 | 1.66 | 0.0 | 82.42 | 3.14 | -13.5 | -55.27 | 6.01 | -7.54 | -32.01 | -0.46 | -12.2 | 25.81 | 2.68 | -16.77 | -58.13 | 0.04 | 0.52 | 2.96 |
| 23Q3 (16) | 13.14 | -3.67 | -3.17 | 3.53 | 1.15 | 1.44 | 4.64 | -4.13 | 87.1 | 0 | 0 | 0 | 15.0 | 4.09 | 10.46 | -0.16 | -1700.0 | 50.0 | 13.4 | 8.41 | 14.43 | 24.65 | 5.58 | 41.77 | 3.45 | -13.1 | -47.17 | 0 | 0 | 0 | 7.06 | -3.16 | -34.81 | 0 | 0 | 0 | 38.01 | 0.0 | 0.0 | 1.21 | 0.0 | 32.97 | 1.66 | 0.0 | 82.42 | 3.63 | -4.22 | -39.09 | 6.5 | -2.4 | -16.56 | -0.41 | 16.33 | 30.51 | 3.22 | -2.42 | -40.04 | 0.04 | 3.05 | -4.7 |
| 23Q2 (15) | 13.64 | -4.15 | -8.09 | 3.49 | 1.16 | 44.81 | 4.84 | -7.63 | 138.42 | 0 | 0 | 0 | 14.41 | 14.46 | -12.61 | 0.01 | 101.08 | -98.92 | 12.36 | 15.41 | -17.43 | 23.34 | 19.94 | 16.0 | 3.97 | -15.53 | -43.69 | 0 | 0 | 0 | 7.29 | -5.08 | -17.16 | 0 | 0 | 0 | 38.01 | 0.0 | 0.0 | 1.21 | 32.97 | 32.97 | 1.66 | 82.42 | 82.42 | 3.79 | -36.41 | -39.65 | 6.66 | -14.4 | -17.78 | -0.49 | -2.08 | 23.44 | 3.3 | -39.78 | -41.49 | 0.04 | 1.97 | -8.95 |
| 23Q1 (14) | 14.23 | -9.48 | -11.17 | 3.45 | -15.02 | 24.55 | 5.24 | 54.12 | 61.73 | 0 | 0 | 0 | 12.59 | 1.78 | -28.55 | -0.93 | -875.0 | -169.4 | 10.71 | 9.96 | -31.43 | 19.46 | 20.01 | -3.01 | 4.7 | -11.49 | -32.95 | 0 | 0 | 0 | 7.68 | -22.81 | -13.9 | 0 | 0 | 0 | 38.01 | 0.0 | 0.0 | 0.91 | 0.0 | 0 | 0.91 | 0.0 | -43.12 | 5.96 | -15.1 | -43.08 | 7.78 | -11.99 | -35.6 | -0.48 | 22.58 | 23.81 | 5.48 | -14.37 | -44.31 | 0.04 | -2.53 | -3.32 |
| 22Q4 (13) | 15.72 | 15.84 | -4.55 | 4.06 | 16.67 | 33.11 | 3.4 | 37.1 | -5.82 | 0 | 0 | 0 | 12.37 | -8.91 | -37.11 | 0.12 | 137.5 | -95.74 | 9.74 | -16.82 | -44.34 | 16.22 | -6.71 | -28.34 | 5.31 | -18.68 | -23.04 | 0 | 0 | 0 | 9.95 | -8.13 | 6.87 | 0 | 0 | 0 | 38.01 | 0.0 | 0.0 | 0.91 | 0.0 | 0 | 0.91 | 0.0 | -43.12 | 7.02 | 17.79 | -23.11 | 8.84 | 13.48 | -17.61 | -0.62 | -5.08 | 12.68 | 6.4 | 19.18 | -23.99 | 0.04 | -6.95 | -0.03 |
| 22Q3 (12) | 13.57 | -8.56 | -13.07 | 3.48 | 44.4 | -8.66 | 2.48 | 22.17 | -45.97 | 0 | 0 | 0 | 13.58 | -17.65 | -34.11 | -0.32 | -134.41 | -110.85 | 11.71 | -21.78 | -38.24 | 17.38 | -13.61 | -33.17 | 6.53 | -7.38 | 22.06 | 0 | 0 | 0 | 10.83 | 23.07 | 27.86 | 0 | 0 | 0 | 38.01 | 0.0 | 0.0 | 0.91 | 0.0 | 0 | 0.91 | 0.0 | -43.12 | 5.96 | -5.1 | 0.68 | 7.79 | -3.83 | 3.59 | -0.59 | 7.81 | 20.27 | 5.37 | -4.79 | 3.67 | 0.04 | -1.54 | 9.02 |
| 22Q2 (11) | 14.84 | -7.37 | -2.62 | 2.41 | -13.0 | -41.22 | 2.03 | -37.35 | -62.96 | 0 | 0 | 0 | 16.49 | -6.41 | -17.3 | 0.93 | -30.6 | -50.79 | 14.97 | -4.16 | -16.88 | 20.12 | 0.28 | -26.33 | 7.05 | 0.57 | 49.68 | 0 | 0 | 0 | 8.8 | -1.35 | 20.22 | 0 | 0 | 0 | 38.01 | 0.0 | 0.0 | 0.91 | 0 | 0 | 0.91 | -43.12 | -52.6 | 6.28 | -40.02 | 379.39 | 8.1 | -32.95 | 150.77 | -0.64 | -1.59 | 14.67 | 5.64 | -42.68 | 907.14 | 0.04 | 8.27 | 15.32 |
| 22Q1 (10) | 16.02 | -2.73 | 13.86 | 2.77 | -9.18 | -18.77 | 3.24 | -10.25 | -34.81 | 0 | 0 | 0 | 17.62 | -10.42 | 2.98 | 1.34 | -52.48 | 24.07 | 15.62 | -10.74 | 3.99 | 20.07 | -11.33 | -21.35 | 7.01 | 1.59 | 83.99 | 0 | 0 | 0 | 8.92 | -4.19 | 50.42 | 0 | 0 | 0 | 38.01 | 0.0 | 0.0 | 0 | 0 | 0 | 1.6 | 0.0 | -16.67 | 10.47 | 14.68 | 1905.17 | 12.08 | 12.58 | 801.49 | -0.63 | 11.27 | 11.27 | 9.84 | 16.86 | 862.79 | 0.04 | 0.78 | 9.53 |
| 21Q4 (9) | 16.47 | 5.51 | 19.96 | 3.05 | -19.95 | 22.49 | 3.61 | -21.35 | -25.72 | 0 | 0 | 0 | 19.67 | -4.56 | 29.15 | 2.82 | -4.41 | 632.08 | 17.5 | -7.7 | 32.58 | 22.63 | -13.0 | -6.43 | 6.9 | 28.97 | 105.36 | 0 | 0 | 0 | 9.31 | 9.92 | 61.07 | 0 | 0 | 0 | 38.01 | 0.0 | 0.0 | 0 | 0 | 0 | 1.6 | 0.0 | -16.67 | 9.13 | 54.22 | 650.0 | 10.73 | 42.69 | 4026.92 | -0.71 | 4.05 | -9.23 | 8.42 | 62.55 | 464.5 | 0.04 | 1.48 | 9.87 |
| 21Q3 (8) | 15.61 | 2.43 | 8.93 | 3.81 | -7.07 | 5.25 | 4.59 | -16.24 | 2.0 | 0 | 0 | 0 | 20.61 | 3.36 | 50.99 | 2.95 | 56.08 | 14850.0 | 18.96 | 5.27 | 59.6 | 26.01 | -4.78 | 13.68 | 5.35 | 13.59 | 28.61 | 0 | 0 | 0 | 8.47 | 15.71 | 23.11 | 0 | 0 | 0 | 38.01 | 0.0 | 0.0 | 0 | 0 | 0 | 1.6 | -16.67 | -16.67 | 5.92 | 351.91 | 633.33 | 7.52 | 132.82 | 828.4 | -0.74 | 1.33 | -4.23 | 5.18 | 825.0 | 384.62 | 0.04 | 4.14 | 10.42 |
| 21Q2 (7) | 15.24 | 8.32 | 5.32 | 4.1 | 20.23 | 34.87 | 5.48 | 10.26 | 11.84 | 0 | 0 | 0 | 19.94 | 16.54 | 54.81 | 1.89 | 75.0 | 450.0 | 18.01 | 19.91 | 63.73 | 27.32 | 7.07 | 0 | 4.71 | 23.62 | 11.61 | 0 | 0 | 0 | 7.32 | 23.44 | 10.91 | 0 | 0 | 0 | 38.01 | 0.0 | 0.0 | 0 | 0 | 0 | 1.92 | 0.0 | 0.0 | 1.31 | 325.86 | 220.18 | 3.23 | 141.04 | 289.16 | -0.75 | -5.63 | 2.6 | 0.56 | 143.41 | 130.11 | 0.04 | 2.83 | 9.31 |
| 21Q1 (6) | 14.07 | 2.48 | -1.61 | 3.41 | 36.95 | 10.71 | 4.97 | 2.26 | 11.19 | 0 | 0 | 0 | 17.11 | 12.34 | 33.46 | 1.08 | 303.77 | 296.36 | 15.02 | 13.79 | 33.27 | 25.51 | 5.5 | 0 | 3.81 | 13.39 | 5.54 | 0 | 0 | 0 | 5.93 | 2.6 | -27.86 | 0 | 0 | 0 | 38.01 | 0.0 | 0.0 | 0 | 0 | -100.0 | 1.92 | 0.0 | -15.42 | -0.58 | 65.06 | 88.76 | 1.34 | 415.38 | 91.43 | -0.71 | -9.23 | 4.05 | -1.29 | 44.16 | 78.14 | 0.04 | 1.1 | 6.89 |
| 20Q4 (5) | 13.73 | -4.19 | -19.47 | 2.49 | -31.22 | -41.82 | 4.86 | 8.0 | 21.8 | 0 | 0 | 0 | 15.23 | 11.58 | 21.16 | -0.53 | -2550.0 | 51.38 | 13.2 | 11.11 | 20.99 | 24.18 | 5.7 | 0 | 3.36 | -19.23 | -2.61 | 0 | 0 | 0 | 5.78 | -15.99 | -35.99 | 0 | 0 | 0 | 38.01 | 0.0 | 0.0 | 0 | 0 | -100.0 | 1.92 | 0.0 | -15.42 | -1.66 | -49.55 | 63.99 | 0.26 | -67.9 | -79.2 | -0.65 | 8.45 | 12.16 | -2.31 | -26.92 | 56.82 | 0.04 | 1.99 | 4.57 |
| 20Q3 (4) | 14.33 | -0.97 | 0.0 | 3.62 | 19.08 | 0.0 | 4.5 | -8.16 | 0.0 | 0 | 0 | 0.0 | 13.65 | 5.98 | 0.0 | -0.02 | 96.3 | 0.0 | 11.88 | 8.0 | 0.0 | 22.88 | 0 | 0.0 | 4.16 | -1.42 | 0.0 | 0 | 0 | 0.0 | 6.88 | 4.24 | 0.0 | 0 | 0 | 0.0 | 38.01 | 0.0 | 0.0 | 0 | 0 | 0.0 | 1.92 | 0.0 | 0.0 | -1.11 | -1.83 | 0.0 | 0.81 | -2.41 | 0.0 | -0.71 | 7.79 | 0.0 | -1.82 | 2.15 | 0.0 | 0.04 | 3.1 | 0.0 |
