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) | 14.9 | -11.83 | 10.8 | -42.74 | 0 | 0 | 0 | 0 | 91.84 | -43.27 | 3.62 | -31.44 | 19.39 | -32.77 | 21.11 | 18.52 | 18.93 | -50.41 | 1.16 | 0 | 8.0 | -48.39 | 4.46 | -60.21 | 11.45 | 0.0 | 9.24 | 4.17 | 0.38 | -66.96 | 4.81 | -9.25 | 14.43 | -5.81 | -0.56 | 0 | 4.25 | -13.62 | 0.37 | -17.4 |
| 2022 (9) | 16.9 | 9.03 | 18.86 | 43.86 | 0.01 | -95.0 | 0 | 0 | 161.9 | 21.62 | 5.28 | -14.29 | 28.84 | 3.52 | 17.81 | -14.88 | 38.17 | 6.53 | 0 | 0 | 15.5 | -10.4 | 11.21 | 15.09 | 11.45 | 0.0 | 8.87 | 7.38 | 1.15 | 53.33 | 5.3 | 12.53 | 15.32 | 11.74 | -0.38 | 0 | 4.92 | 38.2 | 0.44 | -0.22 |
| 2021 (8) | 15.5 | -19.35 | 13.11 | 59.1 | 0.2 | 0 | 0 | 0 | 133.12 | 59.43 | 6.16 | 52.1 | 27.86 | 40.42 | 20.93 | -11.92 | 35.83 | 134.49 | 0 | 0 | 17.3 | 0 | 9.74 | 215.21 | 11.45 | -0.17 | 8.26 | 4.69 | 0.75 | 38.89 | 4.71 | 19.85 | 13.71 | 10.92 | -1.15 | 0 | 3.56 | 11.95 | 0.44 | 8.4 |
| 2020 (7) | 19.22 | -6.01 | 8.24 | 32.48 | 0 | 0 | 0 | 0 | 83.5 | 18.74 | 4.05 | -35.71 | 19.84 | -1.73 | 23.76 | -17.24 | 15.28 | -13.33 | 0 | 0 | 0 | 0 | 3.09 | -4.63 | 11.47 | 0.0 | 7.89 | 8.83 | 0.54 | 1.89 | 3.93 | -40.18 | 12.36 | -13.87 | -0.75 | 0 | 3.18 | -47.26 | 0.41 | 1.23 |
| 2019 (6) | 20.45 | 101.88 | 6.22 | 0 | 0 | 0 | 0 | 0 | 70.32 | 34.95 | 6.3 | 4.13 | 20.19 | 89.22 | 28.71 | 40.22 | 17.63 | 87.35 | 0 | 0 | 0 | 0 | 3.24 | 61.19 | 11.47 | 0.0 | 7.25 | 9.02 | 0.53 | -19.7 | 6.57 | -10.12 | 14.35 | -1.85 | -0.54 | 0 | 6.03 | -11.06 | 0.40 | 0 |
| 2018 (5) | 10.13 | 23.24 | 0 | 0 | 0 | 0 | 0 | 0 | 52.11 | 40.19 | 6.05 | 44.74 | 10.67 | 64.41 | 20.48 | 17.27 | 9.41 | 29.44 | 0 | 0 | 0 | 0 | 2.01 | 0.5 | 11.47 | 0.0 | 6.65 | 6.74 | 0.66 | 32.0 | 7.31 | 9.27 | 14.62 | 8.86 | -0.53 | 0 | 6.78 | 12.44 | 0.00 | 0 |
| 2017 (4) | 8.22 | -2.38 | 0 | 0 | 0 | 0 | 0 | 0 | 37.17 | -2.8 | 4.18 | -20.68 | 6.49 | -1.37 | 17.46 | 1.47 | 7.27 | 94.91 | 0 | 0 | 0 | 0 | 2.0 | 0.0 | 11.47 | -0.09 | 6.23 | 9.3 | 0.5 | 21.95 | 6.69 | -6.56 | 13.43 | 1.21 | -0.66 | 0 | 6.03 | -9.46 | 0.00 | 0 |
| 2016 (3) | 8.42 | -1.86 | 0 | 0 | 0 | 0 | 0 | 0 | 38.24 | 23.0 | 5.27 | 46.8 | 6.58 | 32.93 | 17.21 | 8.07 | 3.73 | -7.44 | 0 | 0 | 0 | 0 | 2.0 | 2.56 | 11.48 | 0.0 | 5.7 | 6.74 | 0.41 | -12.77 | 7.16 | 29.95 | 13.27 | 17.12 | -0.5 | 0 | 6.66 | 30.59 | 0.00 | 0 |
| 2015 (2) | 8.58 | 1.9 | 0 | 0 | 0 | 0 | 0 | 0 | 31.09 | 18.35 | 3.59 | 6.53 | 4.95 | 25.0 | 15.92 | 5.62 | 4.03 | -14.98 | 0 | 0 | 0 | 0 | 1.95 | 1.04 | 11.48 | 0.0 | 5.34 | 6.59 | 0.47 | 4.44 | 5.51 | 3.96 | 11.33 | 5.3 | -0.41 | 0 | 5.1 | 5.59 | 0.00 | 0 |
| 2014 (1) | 8.42 | 21.33 | 0 | 0 | 0 | 0 | 0 | 0 | 26.27 | 13.62 | 3.37 | 33.2 | 3.96 | 0.25 | 15.07 | -11.77 | 4.74 | -0.42 | 0 | 0 | 0 | 0 | 1.93 | 0.52 | 11.48 | 0.0 | 5.01 | 5.47 | 0.45 | 73.08 | 5.3 | 18.04 | 10.76 | 13.26 | -0.47 | 0 | 4.83 | 19.55 | 0.00 | 0 |
| 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) | 24.69 | 36.18 | 58.37 | 19.05 | 83.88 | 22.82 | 1.1 | 0 | 10900.0 | 0 | 0 | 0 | 25.25 | 16.47 | -35.6 | 0.92 | 26.03 | 70.37 | 21.11 | 6.35 | -15.08 | 49.31 | 41.03 | 214.37 | 21.11 | 26.48 | -31.84 | 2.9 | -0.34 | 150.0 | 13.56 | 80.8 | 35.6 | 18.26 | 323.67 | 73.08 | 11.45 | 0.0 | 0.0 | 9.61 | 0.0 | 4.0 | 0.56 | 0.0 | 47.37 | 3.0 | 44.23 | -22.88 | 13.17 | 7.51 | -2.52 | -0.11 | 69.44 | 0 | 2.89 | 68.02 | -25.71 | 0.41 | 8.04 | -8.91 |
| 24Q2 (19) | 18.13 | 17.35 | 14.46 | 10.36 | 4.12 | -16.65 | 0 | 0 | -100.0 | 0 | 0 | 0 | 21.68 | 13.75 | -42.36 | 0.73 | 40.38 | -25.51 | 19.85 | 5.64 | -21.67 | 34.97 | 35.28 | 121.07 | 16.69 | -4.95 | -47.55 | 2.91 | -0.34 | 148.72 | 7.5 | -2.6 | -39.52 | 4.31 | -1.6 | -59.94 | 11.45 | 0.0 | 0.0 | 9.61 | 4.0 | 4.0 | 0.56 | 47.37 | 47.37 | 2.08 | 9.47 | -37.91 | 12.25 | 6.34 | -5.55 | -0.36 | 2.7 | -176.92 | 1.72 | 12.42 | -46.58 | 0.38 | -1.28 | -16.4 |
| 24Q1 (18) | 15.45 | 3.69 | 3.21 | 9.95 | -7.87 | -25.02 | 0 | 0 | -100.0 | 0 | 0 | 0 | 19.06 | 182.23 | -50.1 | 0.52 | -38.82 | -58.4 | 18.79 | -3.09 | -30.17 | 25.85 | 22.42 | 54.87 | 17.56 | -7.24 | -50.41 | 2.92 | 151.72 | 149.57 | 7.7 | -3.75 | -46.15 | 4.38 | -1.79 | -60.0 | 11.45 | 0.0 | 0.0 | 9.24 | 0.0 | 4.17 | 0.38 | 0.0 | -66.96 | 1.9 | -60.5 | -3.55 | 11.52 | -20.17 | -4.0 | -0.37 | 33.93 | -131.25 | 1.53 | -64.0 | -15.47 | 0.38 | 5.22 | -16.84 |
| 23Q4 (17) | 14.9 | -4.43 | -11.83 | 10.8 | -30.37 | -42.74 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | -23.18 | -159.12 | -153.32 | 0.85 | 57.41 | -37.04 | 19.39 | -22.0 | -32.77 | 21.11 | 34.6 | 18.51 | 18.93 | -38.88 | -50.41 | 1.16 | 0.0 | 0 | 8.0 | -20.0 | -48.39 | 4.46 | -57.73 | -60.21 | 11.45 | 0.0 | 0.0 | 9.24 | 0.0 | 4.17 | 0.38 | 0.0 | -66.96 | 4.81 | 23.65 | -9.25 | 14.43 | 6.81 | -5.81 | -0.56 | 0 | -47.37 | 4.25 | 9.25 | -13.62 | 0.37 | -18.83 | -17.4 |
| 23Q3 (16) | 15.59 | -1.58 | 0.13 | 15.51 | 24.78 | -25.11 | 0.01 | 0.0 | 0 | 0 | 0 | 0 | 39.21 | 4.25 | -4.2 | 0.54 | -44.9 | -72.16 | 24.86 | -1.89 | -15.84 | 15.69 | -0.83 | -14.48 | 30.97 | -2.67 | -24.22 | 1.16 | -0.85 | 0 | 10.0 | -19.35 | -35.48 | 10.55 | -1.95 | -8.66 | 11.45 | 0.0 | 0.0 | 9.24 | 0.0 | 4.17 | 0.38 | 0.0 | -66.96 | 3.89 | 16.12 | -1.77 | 13.51 | 4.16 | -3.36 | 0 | 100.0 | 100.0 | 3.89 | 20.81 | 4.29 | 0.45 | -0.85 | -0.94 |
| 23Q2 (15) | 15.84 | 5.81 | 20.64 | 12.43 | -6.33 | -47.31 | 0.01 | 0.0 | -95.0 | 0 | 0 | 0 | 37.61 | -1.54 | -2.69 | 0.98 | -21.6 | -14.78 | 25.34 | -5.83 | -14.97 | 15.82 | -5.22 | -16.23 | 31.82 | -10.14 | -19.71 | 1.17 | 0.0 | 0 | 12.4 | -13.29 | 10.62 | 10.76 | -1.74 | -6.19 | 11.45 | 0.0 | 0.0 | 9.24 | 4.17 | 4.17 | 0.38 | -66.96 | -66.96 | 3.35 | 70.05 | 65.84 | 12.97 | 8.08 | 7.72 | -0.13 | 18.75 | 84.15 | 3.22 | 77.9 | 168.33 | 0.45 | -1.79 | -3.29 |
| 23Q1 (14) | 14.97 | -11.42 | -0.07 | 13.27 | -29.64 | -43.94 | 0.01 | 0.0 | -95.0 | 0 | 0 | 0 | 38.2 | -12.12 | -1.65 | 1.25 | -7.41 | 48.81 | 26.91 | -6.69 | -4.71 | 16.69 | -6.32 | -10.25 | 35.41 | -7.23 | -14.84 | 1.17 | 0 | 0 | 14.3 | -7.74 | 39.51 | 10.95 | -2.32 | -2.23 | 11.45 | 0.0 | 0.0 | 8.87 | 0.0 | 7.38 | 1.15 | 0.0 | 53.33 | 1.97 | -62.83 | 4.79 | 12.0 | -21.67 | 10.19 | -0.16 | 57.89 | 79.75 | 1.81 | -63.21 | 66.06 | 0.46 | 4.52 | -2.76 |
| 22Q4 (13) | 16.9 | 8.54 | 9.03 | 18.86 | -8.93 | 43.86 | 0.01 | 0 | -95.0 | 0 | 0 | 0 | 43.47 | 6.21 | 1.95 | 1.35 | -30.41 | -67.55 | 28.84 | -2.37 | 3.52 | 17.81 | -2.87 | -14.88 | 38.17 | -6.61 | 6.53 | 0 | 0 | 0 | 15.5 | 0.0 | -10.4 | 11.21 | -2.94 | 15.09 | 11.45 | 0.0 | 0.0 | 8.87 | 0.0 | 7.38 | 1.15 | 0.0 | 53.33 | 5.3 | 33.84 | 12.53 | 15.32 | 9.59 | 11.74 | -0.38 | -65.22 | 66.96 | 4.92 | 31.9 | 38.2 | 0.44 | -2.66 | -0.22 |
| 22Q3 (12) | 15.57 | 18.58 | -0.45 | 20.71 | -12.21 | -18.94 | 0 | -100.0 | 0 | 0 | 0 | 0 | 40.93 | 5.9 | 8.6 | 1.94 | 68.7 | 173.24 | 29.54 | -0.87 | 7.97 | 18.34 | -2.87 | -25.32 | 40.87 | 3.13 | 24.41 | 0 | 0 | 0 | 15.5 | 38.27 | 1390.38 | 11.55 | 0.7 | 16.55 | 11.45 | 0.0 | -0.17 | 8.87 | 0.0 | 7.38 | 1.15 | 0.0 | 53.33 | 3.96 | 96.04 | 509.23 | 13.98 | 16.11 | 44.87 | -0.23 | 71.95 | 80.0 | 3.73 | 210.83 | 846.0 | 0.45 | -3.21 | -4.78 |
| 22Q2 (11) | 13.13 | -12.35 | -17.78 | 23.59 | -0.34 | 95.93 | 0.2 | 0.0 | 0 | 0 | 0 | 0 | 38.65 | -0.49 | 18.16 | 1.15 | 36.9 | 82.54 | 29.8 | 5.52 | 19.49 | 18.88 | 1.55 | -28.75 | 39.63 | -4.69 | 36.33 | 0 | 0 | 0 | 11.21 | 9.37 | 268.75 | 11.47 | 2.41 | 13.56 | 11.45 | 0.0 | -0.17 | 8.87 | 7.38 | 7.38 | 1.15 | 53.33 | 53.33 | 2.02 | 7.45 | 56.59 | 12.04 | 10.56 | 16.89 | -0.82 | -3.8 | 24.77 | 1.2 | 10.09 | 500.0 | 0.47 | -1.25 | -5.88 |
| 22Q1 (10) | 14.98 | -3.35 | -24.34 | 23.67 | 80.55 | 163.59 | 0.2 | 0.0 | 0 | 0 | 0 | 0 | 38.84 | -8.91 | 93.43 | 0.84 | -79.81 | 27.27 | 28.24 | 1.36 | 40.43 | 18.59 | -11.16 | -24.37 | 41.58 | 16.05 | 162.17 | 0 | 0 | 0 | 10.25 | -40.75 | 0 | 11.2 | 14.99 | 269.64 | 11.45 | 0.0 | -0.17 | 8.26 | 0.0 | 4.69 | 0.75 | 0.0 | 38.89 | 1.88 | -60.08 | -58.41 | 10.89 | -20.57 | -15.84 | -0.79 | 31.3 | 18.56 | 1.09 | -69.38 | -69.3 | 0.48 | 7.25 | 16.68 |
| 21Q4 (9) | 15.5 | -0.9 | -19.35 | 13.11 | -48.69 | 59.1 | 0.2 | 0 | 0 | 0 | 0 | 0 | 42.64 | 13.13 | 103.82 | 4.16 | 485.92 | 433.33 | 27.86 | 1.83 | 40.42 | 20.93 | -14.79 | -11.94 | 35.83 | 9.07 | 134.49 | 0 | 0 | 0 | 17.3 | 1563.46 | 0 | 9.74 | -1.72 | 215.21 | 11.45 | -0.17 | -0.17 | 8.26 | 0.0 | 4.69 | 0.75 | 0.0 | 38.89 | 4.71 | 624.62 | 19.85 | 13.71 | 42.07 | 10.92 | -1.15 | 0.0 | -53.33 | 3.56 | 812.0 | 11.95 | 0.44 | -7.1 | 8.4 |
| 21Q3 (8) | 15.64 | -2.07 | -8.0 | 25.55 | 112.21 | 170.66 | 0 | 0 | 0 | 0 | 0 | 0 | 37.69 | 15.22 | 84.75 | 0.71 | 12.7 | -33.02 | 27.36 | 9.7 | 32.69 | 24.56 | -7.32 | 1.22 | 32.85 | 13.0 | 99.94 | 0 | 0 | 0 | 1.04 | -65.79 | 0 | 9.91 | -1.88 | 214.6 | 11.47 | 0.0 | 0.0 | 8.26 | 0.0 | 4.69 | 0.75 | 0.0 | 38.89 | 0.65 | -49.61 | -80.6 | 9.65 | -6.31 | -18.08 | -1.15 | -5.5 | -55.41 | -0.5 | -350.0 | -119.16 | 0.48 | -4.33 | 15.63 |
| 21Q2 (7) | 15.97 | -19.34 | -18.81 | 12.04 | 34.08 | 122.14 | 0 | 0 | 0 | 0 | 0 | 0 | 32.71 | 62.9 | 60.34 | 0.63 | -4.55 | -18.18 | 24.94 | 24.02 | 23.47 | 26.50 | 7.8 | 0 | 29.07 | 83.29 | 68.42 | 0 | 0 | 0 | 3.04 | 0 | 0 | 10.1 | 233.33 | 248.28 | 11.47 | 0.0 | 0.0 | 8.26 | 4.69 | 4.69 | 0.75 | 38.89 | 38.89 | 1.29 | -71.46 | -44.87 | 10.3 | -20.4 | -4.36 | -1.09 | -12.37 | -60.29 | 0.2 | -94.37 | -87.95 | 0.50 | 22.42 | 24.84 |
| 21Q1 (6) | 19.8 | 3.02 | -9.51 | 8.98 | 8.98 | 20.86 | 0 | 0 | 0 | 0 | 0 | 0 | 20.08 | -4.02 | -7.72 | 0.66 | -15.38 | -54.48 | 20.11 | 1.36 | -4.1 | 24.58 | 3.44 | 0 | 15.86 | 3.8 | -5.54 | 0 | 0 | 0 | 0 | 0 | 0 | 3.03 | -1.94 | 3.41 | 11.47 | 0.0 | 0.0 | 7.89 | 0.0 | 8.83 | 0.54 | 0.0 | 1.89 | 4.52 | 15.01 | -43.64 | 12.94 | 4.69 | -18.1 | -0.97 | -29.33 | -61.67 | 3.55 | 11.64 | -52.16 | 0.41 | -0.37 | 10.11 |
| 20Q4 (5) | 19.22 | 13.06 | -6.01 | 8.24 | -12.71 | 32.48 | 0 | 0 | 0 | 0 | 0 | 0 | 20.92 | 2.55 | -6.69 | 0.78 | -26.42 | -33.9 | 19.84 | -3.78 | -1.73 | 23.77 | -2.05 | 0 | 15.28 | -7.0 | -13.33 | 0 | 0 | 0 | 0 | 0 | 0 | 3.09 | -1.9 | 4.75 | 11.47 | 0.0 | 0.0 | 7.89 | 0.0 | 8.83 | 0.54 | 0.0 | 1.89 | 3.93 | 17.31 | -40.27 | 12.36 | 4.92 | -13.93 | -0.75 | -1.35 | -38.89 | 3.18 | 21.84 | -47.35 | 0.41 | -0.91 | 6.89 |
| 20Q3 (4) | 17.0 | -13.57 | 0.0 | 9.44 | 74.17 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 20.4 | 0.0 | 0.0 | 1.06 | 37.66 | 0.0 | 20.62 | 2.08 | 0.0 | 24.26 | 0 | 0.0 | 16.43 | -4.81 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 3.15 | 8.62 | 0.0 | 11.47 | 0.0 | 0.0 | 7.89 | 0.0 | 0.0 | 0.54 | 0.0 | 0.0 | 3.35 | 43.16 | 0.0 | 11.78 | 9.38 | 0.0 | -0.74 | -8.82 | 0.0 | 2.61 | 57.23 | 0.0 | 0.41 | 3.29 | 0.0 |
