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) | 6.0 | -44.75 | 7.48 | -50.36 | 1.1 | 11.11 | 0 | 0 | 231.2 | -7.78 | 3.85 | -22.69 | 35.6 | -25.6 | 15.40 | -19.32 | 16.19 | -24.35 | 0 | 0 | 0.57 | -32.94 | 0.52 | 30.0 | 16.17 | 0.0 | 5.9 | 9.26 | 0.09 | -43.75 | 5.4 | -10.3 | 11.39 | -1.73 | -0.09 | 0 | 5.31 | -10.46 | 0.26 | 0.08 |
| 2022 (9) | 10.86 | 55.14 | 15.07 | 169.11 | 0.99 | 39.44 | 0 | 0 | 250.71 | 4.9 | 4.98 | -10.43 | 47.85 | 31.96 | 19.09 | 25.81 | 21.4 | 20.97 | 0 | 0 | 0.85 | -25.44 | 0.4 | -18.37 | 16.17 | 0.0 | 5.4 | 11.11 | 0.16 | 6.67 | 6.02 | -1.79 | 11.59 | 4.04 | -0.09 | 0 | 5.93 | -0.67 | 0.26 | 2.0 |
| 2021 (8) | 7.0 | 84.7 | 5.6 | 4.67 | 0.71 | 36.54 | 0 | 0 | 239.01 | 10.87 | 5.56 | 52.33 | 36.26 | 9.09 | 15.17 | -1.61 | 17.69 | 20.75 | 0 | 0 | 1.14 | -19.72 | 0.49 | -12.5 | 16.17 | 0.0 | 4.86 | 8.24 | 0.15 | 36.36 | 6.13 | 52.11 | 11.14 | 28.94 | -0.16 | 0 | 5.97 | 53.87 | 0.26 | 80.49 |
| 2020 (7) | 3.79 | 8.6 | 5.35 | -21.44 | 0.52 | 85.71 | 0 | 0 | 215.57 | 13.61 | 3.65 | 24.15 | 33.24 | 0.21 | 15.42 | -11.8 | 14.65 | -6.63 | 0.37 | 0.0 | 1.42 | -16.47 | 0.56 | -8.2 | 16.17 | 0.0 | 4.49 | 6.9 | 0.11 | 57.14 | 4.03 | 27.94 | 8.64 | 16.29 | -0.15 | 0 | 3.88 | 27.63 | 0.14 | -3.43 |
| 2019 (6) | 3.49 | 36.33 | 6.81 | 12.01 | 0.28 | 0 | 0 | 0 | 189.74 | 10.65 | 2.94 | 15.29 | 33.17 | 13.32 | 17.48 | 2.42 | 15.69 | 11.67 | 0.37 | 0.0 | 1.7 | 0 | 0.61 | 10.91 | 16.17 | 0.0 | 4.2 | 6.33 | 0.07 | -36.36 | 3.15 | 12.9 | 7.43 | 8.63 | -0.11 | 0 | 3.04 | 11.76 | 0.15 | -3.7 |
| 2018 (5) | 2.56 | -36.95 | 6.08 | 54.71 | 0 | 0 | 0 | 0 | 171.48 | 1.8 | 2.55 | -1.16 | 29.27 | 8.29 | 17.07 | 6.37 | 14.05 | 2.48 | 0.37 | -2.63 | 0 | 0 | 0.55 | -3.51 | 16.17 | 0.0 | 3.95 | 7.05 | 0.11 | 450.0 | 2.79 | -2.11 | 6.84 | 4.43 | -0.07 | 0 | 2.72 | -0.73 | 0.15 | -2.6 |
| 2017 (4) | 4.06 | -5.58 | 3.93 | -29.95 | 0 | 0 | 0 | 0 | 168.45 | 4.11 | 2.58 | 10.26 | 27.03 | -8.12 | 16.05 | -11.75 | 13.71 | -4.99 | 0.38 | 0.0 | 0 | 0 | 0.57 | -6.56 | 16.17 | 0.0 | 3.69 | 6.96 | 0.02 | 0 | 2.85 | 7.55 | 6.55 | 7.38 | -0.11 | 0 | 2.74 | 4.18 | 0.16 | -1.55 |
| 2016 (3) | 4.3 | 46.26 | 5.61 | -20.65 | 0 | 0 | 0 | 0 | 161.8 | 2.89 | 2.34 | 4.46 | 29.42 | 4.03 | 18.18 | 1.11 | 14.43 | -9.98 | 0.38 | 0.0 | 0 | 0 | 0.61 | 0.0 | 16.17 | 0.0 | 3.45 | 6.81 | 0 | 0 | 2.65 | 2.71 | 6.1 | 4.99 | -0.02 | 0 | 2.63 | 1.15 | 0.16 | -0.14 |
| 2015 (2) | 2.94 | 1.03 | 7.07 | 53.03 | 0 | 0 | 0 | 0 | 157.26 | 1.91 | 2.24 | -11.11 | 28.28 | 10.43 | 17.98 | 8.35 | 16.03 | 26.62 | 0.38 | -2.56 | 0 | 0 | 0.61 | 32.61 | 16.17 | 0.0 | 3.23 | 8.39 | 0 | 0 | 2.58 | 3.61 | 5.81 | 5.25 | 0.02 | 0 | 2.6 | 4.42 | 0.16 | -0.9 |
| 2014 (1) | 2.91 | -33.26 | 4.62 | -36.19 | 0.14 | -79.1 | 0 | 0 | 154.31 | 6.49 | 2.52 | 60.51 | 25.61 | -4.87 | 16.60 | -10.67 | 12.66 | -0.71 | 0.39 | 0.0 | 0.53 | -68.82 | 0.46 | 15.0 | 16.17 | 0.0 | 2.98 | 5.67 | 0.05 | 0 | 2.49 | 88.64 | 5.52 | 33.01 | 0 | 0 | 2.49 | 96.06 | 0.16 | -0.97 |
| 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) | 11.01 | 75.32 | 87.56 | 19.36 | 74.1 | 55.13 | 0.9 | -5.26 | -18.92 | 0 | 0 | 0 | 64.8 | 14.45 | 6.72 | 1.28 | 31.96 | 25.49 | 44.29 | 10.53 | 8.18 | 19.36 | 8.56 | 12.7 | 22.19 | -1.99 | 2.92 | 0 | 0 | 0 | 0.35 | -16.67 | -45.31 | 0.68 | 1.49 | 61.9 | 16.17 | 0.0 | 0.0 | 6.28 | 0.0 | 6.44 | 0.09 | 0.0 | 0.0 | 4.62 | 38.32 | 1.76 | 10.99 | 13.18 | 4.37 | -0.08 | 0.0 | -60.0 | 4.54 | 39.26 | 1.11 | 0.27 | -2.28 | 0.14 |
| 24Q2 (19) | 6.28 | -13.74 | -12.78 | 11.12 | 61.86 | 2.39 | 0.95 | -5.0 | -27.48 | 0 | 0 | 0 | 56.62 | 7.83 | -3.36 | 0.97 | 6.59 | 0.0 | 40.07 | 14.19 | 0.78 | 17.83 | 15.19 | 12.56 | 22.64 | 15.1 | 14.75 | 0 | 0 | 0 | 0.42 | -14.29 | -40.85 | 0.67 | 1.52 | 52.27 | 16.17 | 0.0 | 0.0 | 6.28 | 6.44 | 6.44 | 0.09 | 0.0 | 0.0 | 3.34 | -47.07 | -5.11 | 9.71 | -21.06 | 2.1 | -0.08 | 0.0 | 11.11 | 3.26 | -47.67 | -4.96 | 0.28 | 7.83 | 1.03 |
| 24Q1 (18) | 7.28 | 21.33 | 11.15 | 6.87 | -8.16 | -21.93 | 1.0 | -9.09 | -7.41 | 0 | 0 | 0 | 52.51 | -4.23 | -7.99 | 0.91 | 5.81 | -8.08 | 35.09 | -1.43 | -10.05 | 15.48 | 0.55 | 0.07 | 19.67 | 21.49 | -3.01 | 0 | 0 | 0 | 0.49 | -14.04 | -37.18 | 0.66 | 26.92 | 65.0 | 16.17 | 0.0 | 0.0 | 5.9 | 0.0 | 9.26 | 0.09 | 0.0 | -43.75 | 6.31 | 16.85 | -10.11 | 12.3 | 7.99 | -2.23 | -0.08 | 11.11 | 20.0 | 6.23 | 17.33 | -9.97 | 0.26 | -2.58 | -0.32 |
| 23Q4 (17) | 6.0 | 2.21 | -44.75 | 7.48 | -40.06 | -50.36 | 1.1 | -0.9 | 11.11 | 0 | 0 | 0 | 54.83 | -9.7 | -11.48 | 0.86 | -15.69 | 26.47 | 35.6 | -13.04 | -25.6 | 15.40 | -10.37 | -19.32 | 16.19 | -24.91 | -24.35 | 0 | 0 | 0 | 0.57 | -10.94 | -32.94 | 0.52 | 23.81 | 30.0 | 16.17 | 0.0 | 0.0 | 5.9 | 0.0 | 9.26 | 0.09 | 0.0 | -43.75 | 5.4 | 18.94 | -10.3 | 11.39 | 8.17 | -1.73 | -0.09 | -80.0 | 0.0 | 5.31 | 18.26 | -10.46 | 0.26 | -2.44 | 0.08 |
| 23Q3 (16) | 5.87 | -18.47 | -25.32 | 12.48 | 14.92 | -41.41 | 1.11 | -15.27 | 11.0 | 0 | 0 | 0 | 60.72 | 3.64 | -17.21 | 1.02 | 5.15 | -35.03 | 40.94 | 2.97 | -23.39 | 17.18 | 8.42 | -20.19 | 21.56 | 9.28 | -14.04 | 0 | 0 | 0 | 0.64 | -9.86 | -30.43 | 0.42 | -4.55 | -2.33 | 16.17 | 0.0 | 0.0 | 5.9 | 0.0 | 9.26 | 0.09 | 0.0 | -43.75 | 4.54 | 28.98 | -15.14 | 10.53 | 10.73 | -3.48 | -0.05 | 44.44 | 28.57 | 4.49 | 30.9 | -14.96 | 0.27 | -1.41 | 1.16 |
| 23Q2 (15) | 7.2 | 9.92 | -8.98 | 10.86 | 23.41 | 26.43 | 1.31 | 21.3 | 59.76 | 0 | 0 | 0 | 58.59 | 2.66 | -2.01 | 0.97 | -2.02 | -36.6 | 39.76 | 1.92 | -1.58 | 15.84 | 2.41 | -5.02 | 19.73 | -2.71 | -15.25 | 0 | 0 | 0 | 0.71 | -8.97 | -28.28 | 0.44 | 10.0 | 0.0 | 16.17 | 0.0 | 0.0 | 5.9 | 9.26 | 9.26 | 0.09 | -43.75 | -43.75 | 3.52 | -49.86 | -6.88 | 9.51 | -24.4 | 1.82 | -0.09 | 10.0 | 30.77 | 3.43 | -50.43 | -6.03 | 0.27 | 6.39 | 0.21 |
| 23Q1 (14) | 6.55 | -39.69 | 1.39 | 8.8 | -41.61 | 76.71 | 1.08 | 9.09 | 31.71 | 0 | 0 | 0 | 57.07 | -7.86 | 2.55 | 0.99 | 45.59 | -17.5 | 39.01 | -18.47 | 9.61 | 15.47 | -18.93 | 3.96 | 20.28 | -5.23 | -5.5 | 0 | 0 | 0 | 0.78 | -8.24 | -26.42 | 0.4 | 0.0 | -11.11 | 16.17 | 0.0 | 0.0 | 5.4 | 0.0 | 11.11 | 0.16 | 0.0 | 6.67 | 7.02 | 16.61 | -4.23 | 12.58 | 8.54 | 1.94 | -0.1 | -11.11 | 28.57 | 6.92 | 16.69 | -3.76 | 0.26 | -2.19 | 1.56 |
| 22Q4 (13) | 10.86 | 38.17 | 55.14 | 15.07 | -29.25 | 169.11 | 0.99 | -1.0 | 39.44 | 0 | 0 | 0 | 61.94 | -15.54 | 4.08 | 0.68 | -56.69 | -37.04 | 47.85 | -10.46 | 31.96 | 19.09 | -11.33 | 25.79 | 21.4 | -14.67 | 20.97 | 0 | 0 | 0 | 0.85 | -7.61 | -25.44 | 0.4 | -6.98 | -18.37 | 16.17 | 0.0 | 0.0 | 5.4 | 0.0 | 11.11 | 0.16 | 0.0 | 6.67 | 6.02 | 12.52 | -1.79 | 11.59 | 6.23 | 4.04 | -0.09 | -28.57 | 43.75 | 5.93 | 12.31 | -0.67 | 0.26 | -1.39 | 2.0 |
| 22Q3 (12) | 7.86 | -0.63 | 25.76 | 21.3 | 147.96 | 161.67 | 1.0 | 21.95 | 78.57 | 0 | 0 | 0 | 73.34 | 22.66 | 9.1 | 1.57 | 2.61 | 6.08 | 53.44 | 32.28 | 37.31 | 21.52 | 29.02 | 28.81 | 25.08 | 7.73 | 32.07 | 0 | 0 | 0 | 0.92 | -7.07 | -23.97 | 0.43 | -2.27 | -18.87 | 16.17 | 0.0 | 0.0 | 5.4 | 0.0 | 11.11 | 0.16 | 0.0 | 6.67 | 5.35 | 41.53 | 3.08 | 10.91 | 16.81 | 6.86 | -0.07 | 46.15 | 69.57 | 5.28 | 44.66 | 6.45 | 0.27 | -2.34 | 90.0 |
| 22Q2 (11) | 7.91 | 22.45 | 77.35 | 8.59 | 72.49 | 230.38 | 0.82 | 0.0 | 46.43 | 0 | 0 | 0 | 59.79 | 7.44 | 5.32 | 1.53 | 27.5 | -5.56 | 40.4 | 13.52 | 23.55 | 16.68 | 12.1 | 14.22 | 23.28 | 8.48 | 49.71 | 0 | 0 | 0 | 0.99 | -6.6 | -22.66 | 0.44 | -2.22 | -22.81 | 16.17 | 0.0 | 0.0 | 5.4 | 11.11 | 20.27 | 0.16 | 6.67 | 45.45 | 3.78 | -48.43 | -46.31 | 9.34 | -24.31 | -19.76 | -0.13 | 7.14 | 38.1 | 3.65 | -49.24 | -46.56 | 0.27 | 7.82 | 105.06 |
| 22Q1 (10) | 6.46 | -7.71 | 48.17 | 4.98 | -11.07 | 55.62 | 0.82 | 15.49 | 54.72 | 0 | 0 | 0 | 55.65 | -6.49 | 0.27 | 1.2 | 11.11 | -13.67 | 35.59 | -1.85 | 6.4 | 14.88 | -1.91 | -1.33 | 21.46 | 21.31 | 35.82 | 0 | 0 | 0 | 1.06 | -7.02 | -21.48 | 0.45 | -8.16 | -18.18 | 16.17 | 0.0 | 0.0 | 4.86 | 0.0 | 8.24 | 0.15 | 0.0 | 36.36 | 7.33 | 19.58 | 35.24 | 12.34 | 10.77 | 23.03 | -0.14 | 12.5 | 22.22 | 7.19 | 20.44 | 37.21 | 0.25 | -1.77 | 82.66 |
| 21Q4 (9) | 7.0 | 12.0 | 84.7 | 5.6 | -31.2 | 4.67 | 0.71 | 26.79 | 36.54 | 0 | 0 | 0 | 59.51 | -11.47 | 11.38 | 1.08 | -27.03 | 30.12 | 36.26 | -6.83 | 9.09 | 15.17 | -9.2 | -1.6 | 17.69 | -6.85 | 20.75 | 0 | 0 | -100.0 | 1.14 | -5.79 | -19.72 | 0.49 | -7.55 | -12.5 | 16.17 | 0.0 | 0.0 | 4.86 | 0.0 | 8.24 | 0.15 | 0.0 | 36.36 | 6.13 | 18.11 | 52.11 | 11.14 | 9.11 | 28.94 | -0.16 | 30.43 | -6.67 | 5.97 | 20.36 | 53.87 | 0.26 | 83.68 | 80.49 |
| 21Q3 (8) | 6.25 | 40.13 | 64.91 | 8.14 | 213.08 | 59.3 | 0.56 | 0.0 | 24.44 | 0 | 0 | 0 | 67.22 | 18.41 | 15.52 | 1.48 | -8.64 | 54.17 | 38.92 | 19.02 | 5.25 | 16.71 | 14.41 | -2.44 | 18.99 | 22.12 | 17.59 | 0 | 0 | -100.0 | 1.21 | -5.47 | -18.79 | 0.53 | -7.02 | -7.02 | 16.17 | 0.0 | 0.0 | 4.86 | 8.24 | 8.24 | 0.15 | 36.36 | 36.36 | 5.19 | -26.28 | 61.68 | 10.21 | -12.29 | 30.73 | -0.23 | -9.52 | -64.29 | 4.96 | -27.38 | 61.56 | 0.14 | 5.41 | -2.97 |
| 21Q2 (7) | 4.46 | 2.29 | 5.94 | 2.6 | -18.75 | -74.51 | 0.56 | 5.66 | 36.59 | 0 | 0 | 0 | 56.77 | 2.29 | 3.86 | 1.62 | 16.55 | 86.21 | 32.7 | -2.24 | -17.55 | 14.61 | -3.16 | 0 | 15.55 | -1.58 | -16.17 | 0 | 0 | -100.0 | 1.28 | -5.19 | -17.95 | 0.57 | 3.64 | 1.79 | 16.17 | 0.0 | 0.0 | 4.49 | 0.0 | 0.0 | 0.11 | 0.0 | 0.0 | 7.04 | 29.89 | 212.89 | 11.64 | 16.05 | 69.68 | -0.21 | -16.67 | -50.0 | 6.83 | 30.34 | 223.7 | 0.13 | -3.96 | -9.54 |
| 21Q1 (6) | 4.36 | 15.04 | 34.57 | 3.2 | -40.19 | -45.95 | 0.53 | 1.92 | 29.27 | 0 | 0 | 0 | 55.5 | 3.87 | 12.58 | 1.39 | 67.47 | 40.4 | 33.45 | 0.63 | 15.86 | 15.08 | -2.18 | 0 | 15.8 | 7.85 | -3.3 | 0 | -100.0 | -100.0 | 1.35 | -4.93 | -17.18 | 0.55 | -1.79 | -6.78 | 16.17 | 0.0 | 0.0 | 4.49 | 0.0 | 6.9 | 0.11 | 0.0 | 57.14 | 5.42 | 34.49 | 30.92 | 10.03 | 16.09 | 19.12 | -0.18 | -20.0 | -63.64 | 5.24 | 35.05 | 30.02 | 0.14 | -2.93 | -2.6 |
| 20Q4 (5) | 3.79 | 0.0 | 8.6 | 5.35 | 4.7 | -21.44 | 0.52 | 15.56 | 85.71 | 0 | 0 | 0 | 53.43 | -8.18 | -0.61 | 0.83 | -13.54 | 33.87 | 33.24 | -10.11 | 0.21 | 15.42 | -9.98 | 0 | 14.65 | -9.29 | -6.63 | 0.37 | 0.0 | 0.0 | 1.42 | -4.7 | -16.47 | 0.56 | -1.75 | -8.2 | 16.17 | 0.0 | 0.0 | 4.49 | 0.0 | 6.9 | 0.11 | 0.0 | 57.14 | 4.03 | 25.55 | 27.94 | 8.64 | 10.63 | 16.29 | -0.15 | -7.14 | -36.36 | 3.88 | 26.38 | 27.63 | 0.14 | -1.25 | -3.43 |
| 20Q3 (4) | 3.79 | -9.98 | 0.0 | 5.11 | -49.9 | 0.0 | 0.45 | 9.76 | 0.0 | 0 | 0 | 0.0 | 58.19 | 6.46 | 0.0 | 0.96 | 10.34 | 0.0 | 36.98 | -6.76 | 0.0 | 17.13 | 0 | 0.0 | 16.15 | -12.94 | 0.0 | 0.37 | 0.0 | 0.0 | 1.49 | -4.49 | 0.0 | 0.57 | 1.79 | 0.0 | 16.17 | 0.0 | 0.0 | 4.49 | 0.0 | 0.0 | 0.11 | 0.0 | 0.0 | 3.21 | 42.67 | 0.0 | 7.81 | 13.85 | 0.0 | -0.14 | 0.0 | 0.0 | 3.07 | 45.5 | 0.0 | 0.14 | -1.73 | 0.0 |
