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) | 6.8 | -6.21 | 2.1 | -19.23 | 0.12 | -29.41 | 0 | 0 | 6.48 | 9.64 | -0.8 | 0 | 1.07 | 44.59 | 16.51 | 31.88 | 5.84 | -0.17 | 6.77 | -10.33 | 0 | 0 | 0.02 | -33.33 | 19.26 | 0.0 | 1.2 | 0.0 | 0.45 | 0.0 | -0.75 | 0 | 0.9 | -47.06 | -0.27 | 0 | -1.02 | 0 | 0.00 | 0 |
| 2022 (9) | 7.25 | -42.6 | 2.6 | 271.43 | 0.17 | -32.0 | 0 | 0 | 5.91 | 0.0 | -8.66 | 0 | 0.74 | -14.94 | 12.52 | -14.94 | 5.85 | 3.91 | 7.55 | -4.07 | 0.12 | -58.62 | 0.03 | -87.5 | 19.26 | -10.0 | 1.2 | 0 | 0.45 | 0.0 | 0.05 | -99.58 | 1.7 | -86.39 | -0.15 | 0 | -0.1 | 0 | 0.00 | 0 |
| 2021 (8) | 12.63 | 240.43 | 0.7 | -48.91 | 0.25 | 0.0 | 0 | 0 | 5.91 | 11.3 | 14.27 | 631.79 | 0.87 | 45.0 | 14.72 | 30.28 | 5.63 | 6.43 | 7.87 | 8.7 | 0.29 | -80.92 | 0.24 | -58.62 | 21.4 | 0.0 | 0 | 0 | 0.45 | 0.0 | 12.04 | 0 | 12.49 | 0 | -0.11 | 0 | 11.93 | 0 | 0.00 | 0 |
| 2020 (7) | 3.71 | 6.0 | 1.37 | -24.31 | 0.25 | 13.64 | 0 | 0 | 5.31 | -14.49 | 1.95 | 0 | 0.6 | -25.0 | 11.30 | -12.29 | 5.29 | -3.11 | 7.24 | 5.23 | 1.52 | 2.7 | 0.58 | -31.76 | 21.4 | 0.0 | 0 | 0 | 0.45 | 0.0 | -2.21 | 0 | -1.76 | 0 | -0.68 | 0 | -2.89 | 0 | 0.00 | 0 |
| 2019 (6) | 3.5 | 21.95 | 1.81 | 6.47 | 0.22 | -26.67 | 0 | 0 | 6.21 | -7.59 | -1.81 | 0 | 0.8 | -1.23 | 12.88 | 6.88 | 5.46 | -3.7 | 6.88 | -5.1 | 1.48 | 236.36 | 0.85 | -24.78 | 21.4 | 0.0 | 0 | 0 | 0.45 | 0.0 | -4.16 | 0 | -3.71 | 0 | -0.72 | 0 | -4.88 | 0 | 0.00 | 0 |
| 2018 (5) | 2.87 | -46.75 | 1.7 | -22.73 | 0.3 | -31.82 | 0 | 0 | 6.72 | -4.82 | -1.73 | 0 | 0.81 | -18.18 | 12.05 | -14.04 | 5.67 | 1.25 | 7.25 | -6.45 | 0.44 | -46.99 | 1.13 | -24.67 | 21.4 | 0.0 | 0 | 0 | 0.45 | 0.0 | -2.44 | 0 | -1.98 | 0 | -0.64 | 0 | -3.08 | 0 | 0.00 | 0 |
| 2017 (4) | 5.39 | -4.43 | 2.2 | -4.35 | 0.44 | 0.0 | 0 | 0 | 7.06 | -12.95 | -1.39 | 0 | 0.99 | 3.12 | 14.02 | 18.46 | 5.6 | -4.11 | 7.75 | -19.27 | 0.83 | 7.79 | 1.5 | 368.75 | 21.4 | -0.6 | 0.23 | 0.0 | 0.45 | 25.0 | -1.06 | 0 | -0.38 | 0 | -0.49 | 0 | -1.55 | 0 | 0.00 | 0 |
| 2016 (3) | 5.64 | -6.93 | 2.3 | -36.99 | 0.44 | -58.49 | 0 | 0 | 8.11 | -6.67 | -0.49 | 0 | 0.96 | -25.58 | 11.84 | -20.26 | 5.84 | -6.11 | 9.6 | -13.98 | 0.77 | 48.08 | 0.32 | 100.0 | 21.53 | 0.0 | 0.23 | 283.33 | 0.36 | 0.0 | 0.71 | -60.56 | 1.3 | -41.44 | -0.45 | 0 | 0.26 | -82.31 | 0.00 | 0 |
| 2015 (2) | 6.06 | 91.77 | 3.65 | -25.66 | 1.06 | 32.5 | 0 | 0 | 8.69 | -30.2 | 1.72 | 0 | 1.29 | 26.47 | 14.84 | 81.19 | 6.22 | 0.0 | 11.16 | -25.6 | 0.52 | -82.89 | 0.16 | -5.88 | 21.53 | 0.0 | 0.06 | 0.0 | 0.36 | -47.83 | 1.8 | 0 | 2.22 | 326.92 | -0.33 | 0 | 1.47 | 0 | 0.01 | -13.06 |
| 2014 (1) | 3.16 | 1.28 | 4.91 | 23.37 | 0.8 | -28.57 | 0 | 0 | 12.45 | 41.8 | -0.75 | 0 | 1.02 | -36.65 | 8.19 | -55.32 | 6.22 | 2.3 | 15.0 | 15.92 | 3.04 | 721.62 | 0.17 | 54.55 | 21.53 | 0.0 | 0.06 | 500.0 | 0.69 | 60.47 | -0.23 | 0 | 0.52 | -77.68 | -0.3 | 0 | -0.53 | 0 | 0.01 | 4.88 |
| 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) | 3.56 | 0.0 | -38.83 | 1.25 | 8.7 | -21.88 | 0.03 | -50.0 | -75.0 | 0 | 0 | 0 | 1.66 | -5.68 | 7.79 | -0.92 | -335.9 | -264.29 | 0.95 | -18.1 | 2.15 | 14.12 | -19.56 | -1.64 | 6.23 | 4.18 | 5.95 | 6.84 | 0.0 | -3.8 | 0 | 0 | -100.0 | 0.02 | 0.0 | 0.0 | 19.26 | 0.0 | 0.0 | 1.2 | 0.0 | 0.0 | 0.45 | 0.0 | 0.0 | -2.6 | -54.76 | -2500.0 | -0.94 | -3033.33 | -160.26 | -0.28 | -12.0 | -64.71 | -2.88 | -49.22 | -966.67 | 0.00 | 0 | 0 |
| 24Q2 (19) | 3.56 | -25.83 | -42.58 | 1.15 | -32.35 | -28.12 | 0.06 | -33.33 | -50.0 | 0 | 0 | 0 | 1.76 | 12.1 | 4.76 | 0.39 | 129.55 | 160.0 | 1.16 | 12.62 | 45.0 | 17.55 | 11.26 | 38.86 | 5.98 | 1.36 | 2.4 | 6.84 | 1.79 | -4.6 | 0 | 0 | -100.0 | 0.02 | 0.0 | 0.0 | 19.26 | 0.0 | 0.0 | 1.2 | 0.0 | 0.0 | 0.45 | 0.0 | 0.0 | -1.68 | 18.84 | -154.55 | -0.03 | 92.68 | -103.0 | -0.25 | 3.85 | -38.89 | -1.93 | 17.17 | -129.76 | 0.00 | 0 | 0 |
| 24Q1 (18) | 4.8 | -29.41 | -19.6 | 1.7 | -19.05 | 6.25 | 0.09 | -25.0 | -30.77 | 0 | 0 | 0 | 1.57 | -9.77 | 2.61 | -1.32 | -100.0 | -53.49 | 1.03 | -3.74 | 19.77 | 15.77 | -4.33 | 11.33 | 5.9 | 1.03 | -0.34 | 6.72 | -0.74 | -7.57 | 0 | 0 | -100.0 | 0.02 | 0.0 | 0.0 | 19.26 | 0.0 | 0.0 | 1.2 | 0.0 | 0.0 | 0.45 | 0.0 | 0.0 | -2.07 | -176.0 | -155.56 | -0.41 | -145.56 | -148.24 | -0.26 | 3.7 | -44.44 | -2.33 | -128.43 | -135.35 | 0.00 | 0 | 0 |
| 23Q4 (17) | 6.8 | 16.84 | -6.21 | 2.1 | 31.25 | -19.23 | 0.12 | 0.0 | -29.41 | 0 | 0 | 0 | 1.74 | 12.99 | 0.58 | -0.66 | -217.86 | 32.65 | 1.07 | 15.05 | 44.59 | 16.49 | 14.88 | 31.67 | 5.84 | -0.68 | -0.17 | 6.77 | -4.78 | -10.33 | 0 | -100.0 | -100.0 | 0.02 | 0.0 | -33.33 | 19.26 | 0.0 | 0.0 | 1.2 | 0.0 | 0.0 | 0.45 | 0.0 | 0.0 | -0.75 | -650.0 | -1600.0 | 0.9 | -42.31 | -47.06 | -0.27 | -58.82 | -80.0 | -1.02 | -277.78 | -920.0 | 0.00 | 0 | 0 |
| 23Q3 (16) | 5.82 | -6.13 | -25.95 | 1.6 | 0.0 | 0.0 | 0.12 | 0.0 | -40.0 | 0 | 0 | 0 | 1.54 | -8.33 | 10.79 | 0.56 | 273.33 | 113.3 | 0.93 | 16.25 | 17.72 | 14.35 | 13.56 | 2.82 | 5.88 | 0.68 | -1.01 | 7.11 | -0.84 | -10.79 | 0.03 | -50.0 | -80.0 | 0.02 | 0.0 | -71.43 | 19.26 | 0.0 | 0.0 | 1.2 | 0.0 | 0.0 | 0.45 | 0.0 | 0.0 | -0.1 | 84.85 | -109.8 | 1.56 | 56.0 | -41.79 | -0.17 | 5.56 | -112.5 | -0.27 | 67.86 | -128.72 | 0.00 | 0 | 0 |
| 23Q2 (15) | 6.2 | 3.85 | -42.96 | 1.6 | 0.0 | -1.23 | 0.12 | -7.69 | -47.83 | 0 | 0 | 0 | 1.68 | 9.8 | 18.31 | 0.15 | 117.44 | 106.0 | 0.8 | -6.98 | -11.11 | 12.64 | -10.8 | -20.24 | 5.84 | -1.35 | -0.34 | 7.17 | -1.38 | -10.04 | 0.06 | -33.33 | -66.67 | 0.02 | 0.0 | -84.62 | 19.26 | 0.0 | -10.0 | 1.2 | 0.0 | 0.0 | 0.45 | 0.0 | 0.0 | -0.66 | 18.52 | -112.62 | 1.0 | 17.65 | -85.49 | -0.18 | 0.0 | -50.0 | -0.84 | 15.15 | -116.44 | 0.00 | 0 | 0 |
| 23Q1 (14) | 5.97 | -17.66 | -49.96 | 1.6 | -38.46 | 0 | 0.13 | -23.53 | -48.0 | 0 | 0 | 0 | 1.53 | -11.56 | 11.68 | -0.86 | 12.24 | 10.42 | 0.86 | 16.22 | -6.52 | 14.17 | 13.15 | -9.29 | 5.92 | 1.2 | 1.89 | 7.27 | -3.71 | -8.55 | 0.09 | -25.0 | -60.87 | 0.02 | -33.33 | -89.47 | 19.26 | 0.0 | -10.0 | 1.2 | 0.0 | 0 | 0.45 | 0.0 | 0.0 | -0.81 | -1720.0 | -107.31 | 0.85 | -50.0 | -92.63 | -0.18 | -20.0 | -260.0 | -0.99 | -890.0 | -108.98 | 0.00 | 0 | 0 |
| 22Q4 (13) | 7.25 | -7.76 | -42.6 | 2.6 | 62.5 | 271.43 | 0.17 | -15.0 | -32.0 | 0 | 0 | 0 | 1.73 | 24.46 | 16.89 | -0.98 | 76.72 | -242.03 | 0.74 | -6.33 | -14.94 | 12.52 | -10.29 | -14.94 | 5.85 | -1.52 | 3.91 | 7.55 | -5.27 | -4.07 | 0.12 | -20.0 | -58.62 | 0.03 | -57.14 | -87.5 | 19.26 | 0.0 | -10.0 | 1.2 | 0.0 | 0 | 0.45 | 0.0 | 0.0 | 0.05 | -95.1 | -99.58 | 1.7 | -36.57 | -86.39 | -0.15 | -87.5 | -36.36 | -0.1 | -110.64 | -100.84 | 0.00 | 0 | 0 |
| 22Q3 (12) | 7.86 | -27.69 | -37.32 | 1.6 | -1.23 | 0 | 0.2 | -13.04 | -20.0 | 0 | 0 | 0 | 1.39 | -2.11 | -1.42 | -4.21 | -68.4 | -475.89 | 0.79 | -12.22 | -4.82 | 13.96 | -11.91 | -2.8 | 5.94 | 1.37 | 5.88 | 7.97 | 0.0 | 5.01 | 0.15 | -16.67 | -57.14 | 0.07 | -46.15 | -81.08 | 19.26 | -10.0 | -10.0 | 1.2 | 0.0 | 0 | 0.45 | 0.0 | 0.0 | 1.02 | -80.5 | -91.01 | 2.68 | -61.1 | -77.27 | -0.08 | 33.33 | 65.22 | 0.94 | -81.6 | -91.54 | 0.00 | 0 | 0 |
| 22Q2 (11) | 10.87 | -8.89 | -25.7 | 1.62 | 0 | 149.23 | 0.23 | -8.0 | -8.0 | 0 | 0 | 0 | 1.42 | 3.65 | -12.88 | -2.5 | -160.42 | -160.42 | 0.9 | -2.17 | 11.11 | 15.85 | 1.44 | 10.72 | 5.86 | 0.86 | 49.49 | 7.97 | 0.25 | 7.85 | 0.18 | -21.74 | -57.14 | 0.13 | -31.58 | -71.74 | 21.4 | 0.0 | 0.0 | 1.2 | 0 | 0 | 0.45 | 0.0 | 0.0 | 5.23 | -52.8 | -48.93 | 6.89 | -40.24 | -35.55 | -0.12 | -140.0 | 55.56 | 5.11 | -53.67 | -48.75 | 0.00 | 0 | 0 |
| 22Q1 (10) | 11.93 | -5.54 | -25.62 | 0 | -100.0 | -100.0 | 0.25 | 0.0 | 0.0 | 0 | 0 | 0 | 1.37 | -7.43 | -1.44 | -0.96 | -239.13 | -107.15 | 0.92 | 5.75 | 35.29 | 15.62 | 6.11 | 23.12 | 5.81 | 3.2 | 48.21 | 7.95 | 1.02 | 8.76 | 0.23 | -20.69 | -52.08 | 0.19 | -20.83 | -63.46 | 21.4 | 0.0 | 0.0 | 0 | 0 | 0 | 0.45 | 0.0 | 0.0 | 11.08 | -7.97 | -1.16 | 11.53 | -7.69 | -1.11 | -0.05 | 54.55 | 64.29 | 11.03 | -7.54 | -0.36 | 0.00 | 0 | 0 |
| 21Q4 (9) | 12.63 | 0.72 | 240.43 | 0.7 | 0 | -48.91 | 0.25 | 0.0 | 0.0 | 0 | 0 | 0 | 1.48 | 4.96 | 9.63 | 0.69 | -38.39 | 885.71 | 0.87 | 4.82 | 45.0 | 14.72 | 2.51 | 30.03 | 5.63 | 0.36 | 6.43 | 7.87 | 3.69 | 8.7 | 0.29 | -17.14 | -80.92 | 0.24 | -35.14 | -58.62 | 21.4 | 0.0 | 0.0 | 0 | 0 | 0 | 0.45 | 0.0 | 0.0 | 12.04 | 6.17 | 644.8 | 12.49 | 5.94 | 809.66 | -0.11 | 52.17 | 83.82 | 11.93 | 7.38 | 512.8 | 0.00 | 0 | 0 |
| 21Q3 (8) | 12.54 | -14.29 | 133.52 | 0 | -100.0 | -100.0 | 0.25 | 0.0 | 0.0 | 0 | 0 | 0 | 1.41 | -13.5 | 9.3 | 1.12 | 216.67 | 236.59 | 0.83 | 2.47 | 10.67 | 14.36 | 0.34 | 3.97 | 5.61 | 43.11 | 5.65 | 7.59 | 2.71 | 11.45 | 0.35 | -16.67 | -78.26 | 0.37 | -19.57 | -43.08 | 21.4 | 0.0 | 0.0 | 0 | 0 | 0 | 0.45 | 0.0 | 0.0 | 11.34 | 10.74 | 597.37 | 11.79 | 10.29 | 744.26 | -0.23 | 14.81 | 66.67 | 11.11 | 11.43 | 474.07 | 0.00 | 0 | 0 |
| 21Q2 (7) | 14.63 | -8.79 | 157.57 | 0.65 | -13.33 | -63.89 | 0.25 | 0.0 | 0.0 | 0 | 0 | 0 | 1.63 | 17.27 | 22.56 | -0.96 | -107.15 | -150.26 | 0.81 | 19.12 | -2.41 | 14.31 | 12.8 | 0 | 3.92 | 0.0 | -26.32 | 7.39 | 1.09 | 10.13 | 0.42 | -12.5 | -74.85 | 0.46 | -11.54 | -36.11 | 21.4 | 0.0 | 0.0 | 0 | 0 | 0 | 0.45 | 0.0 | 0.0 | 10.24 | -8.65 | 801.37 | 10.69 | -8.32 | 1158.42 | -0.27 | -92.86 | 63.51 | 9.97 | -9.94 | 553.18 | 0.00 | 0 | 0 |
| 21Q1 (6) | 16.04 | 332.35 | 343.09 | 0.75 | -45.26 | -55.36 | 0.25 | 0.0 | 108.33 | 0 | 0 | 0 | 1.39 | 2.96 | 4.51 | 13.42 | 19071.43 | 1598.73 | 0.68 | 13.33 | -2.86 | 12.69 | 12.06 | 0 | 3.92 | -25.9 | -27.41 | 7.31 | 0.97 | 7.5 | 0.48 | -68.42 | -66.9 | 0.52 | -10.34 | -33.33 | 21.4 | 0.0 | 0.0 | 0 | 0 | 0 | 0.45 | 0.0 | 0.0 | 11.21 | 607.24 | 432.64 | 11.66 | 762.5 | 499.32 | -0.14 | 79.41 | 81.08 | 11.07 | 483.04 | 369.34 | 0.00 | 0 | 0 |
| 20Q4 (5) | 3.71 | -30.91 | 6.0 | 1.37 | -25.95 | -24.31 | 0.25 | 0.0 | 13.64 | 0 | 0 | 0 | 1.35 | 4.65 | -8.78 | 0.07 | 108.54 | 111.11 | 0.6 | -20.0 | -25.0 | 11.32 | -18.04 | 0 | 5.29 | -0.38 | -3.11 | 7.24 | 6.31 | 5.23 | 1.52 | -5.59 | 2.7 | 0.58 | -10.77 | -31.76 | 21.4 | 0.0 | 0.0 | 0 | 0 | 0 | 0.45 | 0.0 | 0.0 | -2.21 | 3.07 | 46.88 | -1.76 | 3.83 | 52.56 | -0.68 | 1.45 | 5.56 | -2.89 | 2.69 | 40.78 | 0.00 | 0 | 0 |
| 20Q3 (4) | 5.37 | -5.46 | 0.0 | 1.85 | 2.78 | 0.0 | 0.25 | 0.0 | 0.0 | 0 | 0 | 0.0 | 1.29 | -3.01 | 0.0 | -0.82 | -142.93 | 0.0 | 0.75 | -9.64 | 0.0 | 13.81 | 0 | 0.0 | 5.31 | -0.19 | 0.0 | 6.81 | 1.49 | 0.0 | 1.61 | -3.59 | 0.0 | 0.65 | -9.72 | 0.0 | 21.4 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0.45 | 0.0 | 0.0 | -2.28 | -56.16 | 0.0 | -1.83 | -81.19 | 0.0 | -0.69 | 6.76 | 0.0 | -2.97 | -35.0 | 0.0 | 0.00 | 0 | 0.0 |
