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) | 4.53 | -63.82 | 31.68 | -4.78 | 0.84 | -44.74 | 0 | 0 | 22.64 | -3.5 | -0.2 | 0 | 3.03 | 27.85 | 13.38 | 32.48 | 2.7 | -52.71 | 1.2 | -14.89 | 5.46 | 13.75 | 0.29 | -17.14 | 9.0 | 0.0 | 2.89 | 0.0 | 0.11 | -93.79 | 1.62 | 118.92 | 4.62 | -14.44 | -0.36 | 0 | 1.26 | 100.0 | 0.42 | 2.97 |
| 2022 (9) | 12.52 | 138.02 | 33.27 | -12.54 | 1.52 | 0 | 0 | 0 | 23.46 | -4.13 | 0.01 | -99.54 | 2.37 | -21.52 | 10.10 | -18.14 | 5.71 | -32.43 | 1.41 | -2.08 | 4.8 | -23.32 | 0.35 | 84.21 | 9.0 | 12.5 | 2.89 | 8.24 | 1.77 | 22.92 | 0.74 | -74.92 | 5.4 | -23.51 | -0.11 | 0 | 0.63 | -46.61 | 0.41 | -0.57 |
| 2021 (8) | 5.26 | 14.6 | 38.04 | 136.13 | 0 | 0 | 0 | 0 | 24.47 | 24.53 | 2.18 | 311.32 | 3.02 | -19.68 | 12.34 | -35.5 | 8.45 | 136.69 | 1.44 | 22.03 | 6.26 | 13.41 | 0.19 | 90.0 | 8.0 | 0.0 | 2.67 | 1.91 | 1.44 | 102.82 | 2.95 | 51.28 | 7.06 | 33.71 | -1.77 | 0 | 1.18 | 131.37 | 0.41 | 25.32 |
| 2020 (7) | 4.59 | -39.04 | 16.11 | -7.73 | 0 | 0 | 0 | 0 | 19.65 | -10.23 | 0.53 | 6.0 | 3.76 | 28.33 | 19.13 | 42.96 | 3.57 | -11.19 | 1.18 | -13.87 | 5.52 | 31.74 | 0.1 | 0.0 | 8.0 | 0.0 | 2.62 | 1.95 | 0.71 | 153.57 | 1.95 | -15.95 | 5.28 | 2.33 | -1.44 | 0 | 0.51 | -68.32 | 0.33 | 17.61 |
| 2019 (6) | 7.53 | 69.21 | 17.46 | 7.31 | 0 | 0 | 0 | 0 | 21.89 | -0.36 | 0.5 | -50.5 | 2.93 | 7.33 | 13.39 | 7.72 | 4.02 | -21.18 | 1.37 | 47.31 | 4.19 | 30.53 | 0.1 | -28.57 | 8.0 | 0.0 | 2.57 | 4.05 | 0.28 | -55.56 | 2.32 | -16.25 | 5.16 | -11.95 | -0.71 | 0 | 1.61 | -35.34 | 0.28 | 5.91 |
| 2018 (5) | 4.45 | -37.06 | 16.27 | 16.97 | 0 | 0 | 0 | 0 | 21.97 | -2.87 | 1.01 | -28.37 | 2.73 | -15.22 | 12.43 | -12.71 | 5.1 | 2.82 | 0.93 | 12.05 | 3.21 | 9.56 | 0.14 | 7.69 | 8.0 | 0.0 | 2.47 | 6.01 | 0.63 | 0 | 2.77 | -16.57 | 5.86 | 3.9 | -0.28 | 0 | 2.49 | -7.43 | 0.26 | 28.65 |
| 2017 (4) | 7.07 | 1.14 | 13.91 | 15.44 | 0 | 0 | 0 | 0 | 22.62 | -3.66 | 1.41 | -34.42 | 3.22 | -4.17 | 14.24 | -0.52 | 4.96 | 21.87 | 0.83 | -8.79 | 2.93 | 60.11 | 0.13 | 0.0 | 8.0 | -12.18 | 2.33 | 10.43 | 0 | 0 | 3.32 | 12.93 | 5.64 | 11.68 | -0.63 | 0 | 2.69 | -22.25 | 0.20 | 46.6 |
| 2016 (3) | 6.99 | 2.64 | 12.05 | 3.79 | 0.12 | -96.89 | 0 | 0 | 23.48 | 8.6 | 2.15 | 186.67 | 3.36 | 20.86 | 14.31 | 11.29 | 4.07 | 54.75 | 0.91 | -12.5 | 1.83 | 1730.0 | 0.13 | -18.75 | 9.11 | -0.11 | 2.11 | 3.43 | 0 | 0 | 2.94 | 83.75 | 5.05 | 38.74 | 0.52 | -48.51 | 3.46 | 32.57 | 0.14 | 50.94 |
| 2015 (2) | 6.81 | -7.35 | 11.61 | 55.84 | 3.86 | 436.11 | 0 | 0 | 21.62 | 1.31 | 0.75 | -59.46 | 2.78 | 3.73 | 12.86 | 2.39 | 2.63 | -30.61 | 1.04 | -10.34 | 0.1 | -97.68 | 0.16 | 6.67 | 9.12 | 0.0 | 2.04 | 10.27 | 0 | 0 | 1.6 | -17.53 | 3.64 | -4.71 | 1.01 | 14.77 | 2.61 | -7.45 | 0.09 | -9.27 |
| 2014 (1) | 7.35 | 16.48 | 7.45 | 101.35 | 0.72 | 0.0 | 0 | 0 | 21.34 | 15.1 | 1.85 | 125.61 | 2.68 | 11.67 | 12.56 | -2.99 | 3.79 | 15.2 | 1.16 | 2.65 | 4.31 | -5.48 | 0.15 | 36.36 | 9.12 | 0.0 | 1.85 | 0.0 | 0.03 | -96.77 | 1.94 | 0 | 3.82 | 40.44 | 0.88 | 0 | 2.82 | 0 | 0.10 | -29.78 |
| 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) | 7.61 | 59.54 | 48.05 | 24.09 | -13.35 | -35.21 | 0.8 | -9.09 | -16.67 | 0 | 0 | 0 | 6.11 | 10.09 | 0.49 | 0.44 | 238.46 | 331.58 | 2.95 | 13.03 | 8.86 | 12.25 | 12.89 | -4.39 | 3.63 | 5.22 | 2.25 | 1.31 | -5.76 | -22.02 | 6.48 | -3.28 | 8.36 | 0.27 | 0.0 | -15.62 | 9.0 | 0.0 | 0.0 | 2.89 | 0.0 | 0.0 | 0.36 | 0.0 | 227.27 | 2.16 | 25.58 | 75.61 | 5.41 | 8.85 | 27.9 | 0.24 | -27.27 | -61.9 | 2.4 | 17.07 | 29.03 | 0.40 | -0.0 | -4.67 |
| 24Q2 (19) | 4.77 | 13.3 | -18.18 | 27.8 | -1.84 | -21.76 | 0.88 | -8.33 | 4.76 | 0 | 0 | 0 | 5.55 | -6.88 | 5.71 | 0.13 | -40.91 | 159.09 | 2.61 | -4.4 | -10.62 | 10.85 | -5.59 | -25.52 | 3.45 | 18.15 | -13.1 | 1.39 | -7.33 | 49.46 | 6.7 | 32.41 | 22.26 | 0.27 | -6.9 | -18.18 | 9.0 | 0.0 | 0.0 | 2.89 | 0.0 | 0.0 | 0.36 | 227.27 | 227.27 | 1.72 | -6.52 | 20.28 | 4.97 | 2.69 | 12.19 | 0.33 | 32.0 | 200.0 | 2.05 | -1.91 | 33.12 | 0.40 | -3.27 | -5.76 |
| 24Q1 (18) | 4.21 | -7.06 | -17.61 | 28.32 | -10.61 | -15.06 | 0.96 | 14.29 | 54.84 | 0 | 0 | 0 | 5.96 | -7.74 | 23.14 | 0.22 | -43.59 | 237.5 | 2.73 | -9.9 | 11.43 | 11.49 | -14.15 | -2.04 | 2.92 | 8.15 | -36.38 | 1.5 | 25.0 | 20.97 | 5.06 | -7.33 | -11.23 | 0.29 | 0.0 | -12.12 | 9.0 | 0.0 | 0.0 | 2.89 | 0.0 | 0.0 | 0.11 | 0.0 | -93.79 | 1.84 | 13.58 | 217.24 | 4.84 | 4.76 | -7.63 | 0.25 | 169.44 | 412.5 | 2.09 | 65.87 | 318.0 | 0.41 | -1.69 | -0.86 |
| 23Q4 (17) | 4.53 | -11.87 | -63.82 | 31.68 | -14.79 | -4.78 | 0.84 | -12.5 | -44.74 | 0 | 0 | 0 | 6.46 | 6.25 | 29.72 | 0.39 | 305.26 | 378.57 | 3.03 | 11.81 | 27.85 | 13.39 | 4.5 | 32.48 | 2.7 | -23.94 | -52.71 | 1.2 | -28.57 | -14.89 | 5.46 | -8.7 | 13.75 | 0.29 | -9.38 | -17.14 | 9.0 | 0.0 | 0.0 | 2.89 | 0.0 | 0.0 | 0.11 | 0.0 | -93.79 | 1.62 | 31.71 | 118.92 | 4.62 | 9.22 | -14.44 | -0.36 | -157.14 | -227.27 | 1.26 | -32.26 | 100.0 | 0.42 | 0.25 | 2.97 |
| 23Q3 (16) | 5.14 | -11.84 | -35.43 | 37.18 | 4.64 | -9.14 | 0.96 | 14.29 | 134.15 | 0 | 0 | 0 | 6.08 | 15.81 | 22.33 | -0.19 | 13.64 | 66.07 | 2.71 | -7.19 | 28.44 | 12.81 | -12.06 | 52.36 | 3.55 | -10.58 | -47.95 | 1.68 | 80.65 | 38.84 | 5.98 | 9.12 | 1.01 | 0.32 | -3.03 | -3.03 | 9.0 | 0.0 | 0.0 | 2.89 | 0.0 | 0.0 | 0.11 | 0.0 | -93.79 | 1.23 | -13.99 | 39.77 | 4.23 | -4.51 | -23.65 | 0.63 | 472.73 | 14.55 | 1.86 | 20.78 | 30.07 | 0.42 | -1.15 | 4.48 |
| 23Q2 (15) | 5.83 | 14.09 | -32.99 | 35.53 | 6.57 | -13.04 | 0.84 | 35.48 | 0 | 0 | 0 | 0 | 5.25 | 8.47 | -13.79 | -0.22 | -37.5 | -414.29 | 2.92 | 19.18 | -27.72 | 14.57 | 24.18 | -12.5 | 3.97 | -13.51 | -46.57 | 0.93 | -25.0 | -28.46 | 5.48 | -3.86 | 0.92 | 0.33 | 0.0 | 3.12 | 9.0 | 0.0 | 0.0 | 2.89 | 0.0 | 0.0 | 0.11 | -93.79 | -93.79 | 1.43 | 146.55 | -0.69 | 4.43 | -15.46 | -27.26 | 0.11 | 237.5 | 118.97 | 1.54 | 208.0 | 79.07 | 0.42 | 1.76 | 5.75 |
| 23Q1 (14) | 5.11 | -59.19 | -4.49 | 33.34 | 0.21 | -17.72 | 0.62 | -59.21 | 0 | 0 | 0 | 0 | 4.84 | -2.81 | -34.68 | -0.16 | -14.29 | -125.0 | 2.45 | 3.38 | -41.11 | 11.73 | 16.1 | -27.79 | 4.59 | -19.61 | -40.62 | 1.24 | -12.06 | -10.14 | 5.7 | 18.75 | 8.99 | 0.33 | -5.71 | -2.94 | 9.0 | 0.0 | 12.5 | 2.89 | 0.0 | 8.24 | 1.77 | 0.0 | 22.92 | 0.58 | -21.62 | -83.84 | 5.24 | -2.96 | -31.95 | -0.08 | 27.27 | 92.66 | 0.5 | -20.63 | -80.0 | 0.42 | 2.11 | 5.36 |
| 22Q4 (13) | 12.52 | 57.29 | 138.02 | 33.27 | -18.7 | -12.54 | 1.52 | 270.73 | 0 | 0 | 0 | 0 | 4.98 | 0.2 | -24.77 | -0.14 | 75.0 | -132.56 | 2.37 | 12.32 | -21.52 | 10.11 | 20.18 | -18.11 | 5.71 | -16.28 | -32.43 | 1.41 | 16.53 | -2.08 | 4.8 | -18.92 | -23.32 | 0.35 | 6.06 | 84.21 | 9.0 | 0.0 | 12.5 | 2.89 | 0.0 | 8.24 | 1.77 | 0.0 | 22.92 | 0.74 | -15.91 | -74.92 | 5.4 | -2.53 | -23.51 | -0.11 | -120.0 | 93.79 | 0.63 | -55.94 | -46.61 | 0.41 | 1.72 | -0.57 |
| 22Q3 (12) | 7.96 | -8.51 | 32.67 | 40.92 | 0.15 | 16.91 | 0.41 | 0 | 0 | 0 | 0 | 0 | 4.97 | -18.39 | 20.05 | -0.56 | -900.0 | -315.38 | 2.11 | -47.77 | 27.11 | 8.41 | -49.5 | 22.14 | 6.82 | -8.21 | -19.1 | 1.21 | -6.92 | 4.31 | 5.92 | 9.02 | 35.78 | 0.33 | 3.12 | 65.0 | 9.0 | 0.0 | 12.5 | 2.89 | 0.0 | 8.24 | 1.77 | 0.0 | 22.92 | 0.88 | -38.89 | -65.22 | 5.54 | -9.03 | -16.57 | 0.55 | 194.83 | 132.93 | 1.43 | 66.28 | 66.28 | 0.40 | 0.06 | -2.29 |
| 22Q2 (11) | 8.7 | 62.62 | 11.54 | 40.86 | 0.84 | 47.4 | 0 | 0 | 0 | 0 | 0 | 0 | 6.09 | -17.81 | -18.03 | 0.07 | -89.06 | -92.13 | 4.04 | -2.88 | -11.79 | 16.65 | 2.48 | -9.54 | 7.43 | -3.88 | 5.69 | 1.3 | -5.8 | 56.63 | 5.43 | 3.82 | -2.51 | 0.32 | -5.88 | 60.0 | 9.0 | 12.5 | 12.5 | 2.89 | 8.24 | 10.31 | 1.77 | 22.92 | 149.3 | 1.44 | -59.89 | -58.26 | 6.09 | -20.91 | -10.18 | -0.58 | 46.79 | 67.42 | 0.86 | -65.6 | -48.5 | 0.40 | 1.38 | 29.13 |
| 22Q1 (10) | 5.35 | 1.71 | 40.05 | 40.52 | 6.52 | 106.42 | 0 | 0 | 0 | 0 | 0 | 0 | 7.41 | 11.93 | 17.99 | 0.64 | 48.84 | 4.92 | 4.16 | 37.75 | 19.54 | 16.25 | 31.67 | -3.25 | 7.73 | -8.52 | 40.55 | 1.38 | -4.17 | 35.29 | 5.23 | -16.45 | -0.57 | 0.34 | 78.95 | 61.9 | 8.0 | 0.0 | 0.0 | 2.67 | 0.0 | 1.91 | 1.44 | 0.0 | 102.82 | 3.59 | 21.69 | 40.23 | 7.7 | 9.07 | 30.73 | -1.09 | 38.42 | 22.7 | 2.5 | 111.86 | 117.39 | 0.40 | -3.64 | 22.48 |
| 21Q4 (9) | 5.26 | -12.33 | 14.6 | 38.04 | 8.69 | 136.13 | 0 | 0 | 0 | 0 | 0 | 0 | 6.62 | 59.9 | 5.75 | 0.43 | 65.38 | -35.82 | 3.02 | 81.93 | -19.68 | 12.34 | 79.25 | -35.53 | 8.45 | 0.24 | 136.69 | 1.44 | 24.14 | 22.03 | 6.26 | 43.58 | 13.41 | 0.19 | -5.0 | 90.0 | 8.0 | 0.0 | 0.0 | 2.67 | 0.0 | 1.91 | 1.44 | 0.0 | 102.82 | 2.95 | 16.6 | 51.28 | 7.06 | 6.33 | 33.71 | -1.77 | -5.99 | -22.92 | 1.18 | 37.21 | 131.37 | 0.41 | -0.04 | 25.32 |
| 21Q3 (8) | 6.0 | -23.08 | 6.95 | 35.0 | 26.26 | 127.27 | 0 | 0 | 0 | 0 | 0 | 0 | 4.14 | -44.28 | -15.68 | 0.26 | -70.79 | 136.36 | 1.66 | -63.76 | -47.96 | 6.89 | -62.6 | -59.92 | 8.43 | 19.91 | 153.92 | 1.16 | 39.76 | 10.48 | 4.36 | -21.72 | -12.63 | 0.2 | 0.0 | 150.0 | 8.0 | 0.0 | 0.0 | 2.67 | 1.91 | 1.91 | 1.44 | 102.82 | 102.82 | 2.53 | -26.67 | 97.66 | 6.64 | -2.06 | 44.03 | -1.67 | 6.18 | -43.97 | 0.86 | -48.5 | 616.67 | 0.41 | 32.23 | 22.66 |
| 21Q2 (7) | 7.8 | 104.19 | -11.56 | 27.72 | 41.21 | 101.89 | 0 | 0 | 0 | 0 | 0 | 0 | 7.43 | 18.31 | 127.22 | 0.89 | 45.9 | 281.63 | 4.58 | 31.61 | 148.91 | 18.41 | 9.6 | 0 | 7.03 | 27.82 | 74.44 | 0.83 | -18.63 | -29.06 | 5.57 | 5.89 | 13.67 | 0.2 | -4.76 | 150.0 | 8.0 | 0.0 | 0.0 | 2.62 | 0.0 | 0.0 | 0.71 | 0.0 | 0.0 | 3.45 | 34.77 | 192.37 | 6.78 | 15.11 | 50.33 | -1.78 | -26.24 | -91.4 | 1.67 | 45.22 | 568.0 | 0.31 | -3.84 | -7.05 |
| 21Q1 (6) | 3.82 | -16.78 | -57.17 | 19.63 | 21.85 | 26.48 | 0 | 0 | 0 | 0 | 0 | 0 | 6.28 | 0.32 | 20.77 | 0.61 | -8.96 | 154.17 | 3.48 | -7.45 | 16.39 | 16.80 | -12.27 | 0 | 5.5 | 54.06 | 44.74 | 1.02 | -13.56 | -19.69 | 5.26 | -4.71 | -7.23 | 0.21 | 110.0 | 133.33 | 8.0 | 0.0 | 0.0 | 2.62 | 0.0 | 1.95 | 0.71 | 0.0 | 153.57 | 2.56 | 31.28 | 0.0 | 5.89 | 11.55 | 9.07 | -1.41 | 2.08 | -90.54 | 1.15 | 125.49 | -36.81 | 0.32 | -1.4 | 1.28 |
| 20Q4 (5) | 4.59 | -18.18 | -39.04 | 16.11 | 4.61 | -7.73 | 0 | 0 | 0 | 0 | 0 | 0 | 6.26 | 27.49 | 20.62 | 0.67 | 509.09 | 415.38 | 3.76 | 17.87 | 28.33 | 19.14 | 11.45 | 0 | 3.57 | 7.53 | -11.19 | 1.18 | 12.38 | -13.87 | 5.52 | 10.62 | 31.74 | 0.1 | 25.0 | 0.0 | 8.0 | 0.0 | 0.0 | 2.62 | 0.0 | 1.95 | 0.71 | 0.0 | 153.57 | 1.95 | 52.34 | -15.95 | 5.28 | 14.53 | 2.33 | -1.44 | -24.14 | -102.82 | 0.51 | 325.0 | -68.32 | 0.33 | -2.16 | 17.61 |
| 20Q3 (4) | 5.61 | -36.39 | 0.0 | 15.4 | 12.16 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 4.91 | 50.15 | 0.0 | 0.11 | 122.45 | 0.0 | 3.19 | 73.37 | 0.0 | 17.18 | 0 | 0.0 | 3.32 | -17.62 | 0.0 | 1.05 | -10.26 | 0.0 | 4.99 | 1.84 | 0.0 | 0.08 | 0.0 | 0.0 | 8.0 | 0.0 | 0.0 | 2.62 | 0.0 | 0.0 | 0.71 | 0.0 | 0.0 | 1.28 | 8.47 | 0.0 | 4.61 | 2.22 | 0.0 | -1.16 | -24.73 | 0.0 | 0.12 | -52.0 | 0.0 | 0.34 | 0.2 | 0.0 |
