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) | 10.36 | 300.0 | 60.05 | 13.86 | 0 | 0 | 0 | 0 | 25.03 | 357.59 | 4.26 | 202.13 | 0.66 | 842.86 | 2.64 | 106.05 | 101.16 | 8.63 | 14.01 | 110.99 | 11.44 | 156.5 | 0.02 | -33.33 | 25.63 | 1.18 | 2.81 | 4.85 | 0.84 | -9.68 | 13.33 | 39.44 | 16.98 | 28.93 | 0.8 | 263.64 | 14.13 | 44.48 | 0.15 | 3.64 |
| 2022 (9) | 2.59 | -59.21 | 52.74 | 16.22 | 6.99 | 39.8 | 0 | 0 | 5.47 | -64.2 | 1.41 | -70.62 | 0.07 | -30.0 | 1.28 | 95.54 | 93.12 | 22.45 | 6.64 | -27.75 | 4.46 | -36.19 | 0.03 | -40.0 | 25.33 | 3.56 | 2.68 | 21.27 | 0.93 | 1.09 | 9.56 | -8.34 | 13.17 | -2.88 | 0.22 | 633.33 | 9.78 | -6.5 | 0.14 | -1.73 |
| 2021 (8) | 6.35 | -51.71 | 45.38 | 3.14 | 5.0 | 0 | 0 | 0 | 15.28 | -71.21 | 4.8 | 211.69 | 0.1 | 233.33 | 0.65 | 1057.72 | 76.05 | -2.84 | 9.19 | 2.68 | 6.99 | -41.65 | 0.05 | -16.67 | 24.46 | 1.87 | 2.21 | 7.8 | 0.92 | 0.0 | 10.43 | 58.03 | 13.56 | 41.84 | 0.03 | 0 | 10.46 | 61.92 | 0.14 | -9.47 |
| 2020 (7) | 13.15 | -26.21 | 44.0 | -0.43 | 0 | 0 | 0 | 0 | 53.07 | 7.49 | 1.54 | -17.2 | 0.03 | -98.71 | 0.06 | -98.8 | 78.27 | 13.4 | 8.95 | 33.18 | 11.98 | -9.79 | 0.06 | -95.2 | 24.01 | -8.92 | 2.05 | 9.63 | 0.92 | 13.58 | 6.6 | 24.06 | 9.56 | 19.5 | -0.14 | 0 | 6.46 | 25.19 | 0.16 | -40.38 |
| 2019 (6) | 17.82 | 2.59 | 44.19 | 228.79 | 0.11 | -21.43 | 0 | 0 | 49.37 | -19.44 | 1.86 | -77.43 | 2.33 | 45.62 | 4.72 | 80.76 | 69.02 | 166.9 | 6.72 | -4.27 | 13.28 | -2.85 | 1.25 | -8.76 | 26.36 | 9.97 | 1.87 | 74.77 | 0.81 | 15.71 | 5.32 | -33.33 | 8.0 | -17.95 | -0.16 | 0 | 5.16 | -34.52 | 0.26 | 81.94 |
| 2018 (5) | 17.37 | 245.33 | 13.44 | -49.01 | 0.14 | 0 | 0 | 0 | 61.28 | 218.83 | 8.24 | 0 | 1.6 | 35.59 | 2.61 | -57.47 | 25.86 | -33.56 | 7.02 | 7.34 | 13.67 | 173.95 | 1.37 | 242.5 | 23.97 | -0.08 | 1.07 | 0.0 | 0.7 | 233.33 | 7.98 | 9875.0 | 9.75 | 616.91 | -0.1 | 0 | 7.88 | 0 | 0.15 | 695.29 |
| 2017 (4) | 5.03 | 3.93 | 26.36 | 15.82 | 0 | 0 | 0 | 0 | 19.22 | 0.05 | -0.85 | 0 | 1.18 | -21.85 | 6.14 | -21.89 | 38.92 | 19.72 | 6.54 | 135.25 | 4.99 | 0 | 0.4 | 122.22 | 23.99 | 20.19 | 1.07 | 2.88 | 0.21 | 320.0 | 0.08 | -94.97 | 1.36 | -49.44 | -0.1 | 0 | -0.02 | 0 | 0.02 | 9.4 |
| 2016 (3) | 4.84 | 3.64 | 22.76 | 16.66 | 3.01 | 1.01 | 0 | 0 | 19.21 | 55.8 | 0.27 | -43.75 | 1.51 | -43.66 | 7.86 | -63.84 | 32.51 | 16.4 | 2.78 | 6.51 | 0 | 0 | 0.18 | 500.0 | 19.96 | 0.3 | 1.04 | 5.05 | 0.05 | 25.0 | 1.59 | 3.92 | 2.69 | 4.67 | -0.31 | 0 | 1.28 | -3.03 | 0.02 | 17.81 |
| 2015 (2) | 4.67 | 4.24 | 19.51 | 9.18 | 2.98 | 0 | 0 | 0 | 12.33 | 27.77 | 0.48 | -63.64 | 2.68 | 157.69 | 21.74 | 101.68 | 27.93 | 9.1 | 2.61 | -0.38 | 0 | 0 | 0.03 | 50.0 | 19.9 | 8.51 | 0.99 | 15.12 | 0.04 | 0.0 | 1.53 | -20.73 | 2.57 | -9.19 | -0.21 | 0 | 1.32 | -33.67 | 0.01 | 52.34 |
| 2014 (1) | 4.48 | 46.41 | 17.87 | 16.64 | 0 | 0 | 0 | 0 | 9.65 | 21.54 | 1.32 | 20.0 | 1.04 | 6.12 | 10.78 | -12.68 | 25.6 | 4.07 | 2.62 | -21.08 | 3.55 | -5.08 | 0.02 | 100.0 | 18.34 | 6.32 | 0.86 | 14.67 | 0.04 | -97.48 | 1.93 | 1654.55 | 2.83 | 15.04 | 0.06 | 0 | 1.99 | 2742.86 | 0.01 | 15.69 |
| 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) | 12.06 | -48.44 | 188.52 | 80.59 | 16.16 | 40.4 | 0 | 0 | -100.0 | 0 | 0 | 0 | 1.37 | 14.17 | 251.28 | 0.08 | -87.69 | -86.21 | 0.11 | 10.0 | 22.22 | 0.61 | 4.05 | -11.1 | 154.41 | 42.23 | 57.3 | 14.02 | 0.07 | -0.14 | 11.45 | 0.0 | 156.15 | 0.01 | -50.0 | -66.67 | 26.18 | 0.0 | 2.15 | 3.23 | 0.0 | 14.95 | 0.83 | 0.0 | -1.19 | 14.48 | 0.56 | 32.97 | 18.54 | 0.43 | 27.51 | 0.77 | -42.11 | -15.38 | 15.25 | -3.05 | 29.24 | 0.14 | 0.93 | 2.06 |
| 24Q2 (19) | 23.39 | 98.73 | 147.78 | 69.38 | 8.39 | 23.58 | 0 | 0 | -100.0 | 0 | 0 | 0 | 1.2 | -64.6 | -90.16 | 0.65 | -62.21 | -66.67 | 0.1 | 11.11 | 11.11 | 0.58 | 82.35 | -15.14 | 108.56 | 4.73 | 19.31 | 14.01 | 0.0 | -5.15 | 11.45 | 0.0 | 156.73 | 0.02 | 0.0 | 0.0 | 26.18 | 2.23 | 2.15 | 3.23 | 14.95 | 14.95 | 0.83 | -1.19 | -1.19 | 14.4 | -4.13 | 39.67 | 18.46 | -1.12 | 32.23 | 1.33 | 23.15 | 29.13 | 15.73 | -2.3 | 38.71 | 0.14 | -1.16 | 1.65 |
| 24Q1 (18) | 11.77 | 13.61 | 71.32 | 64.01 | 6.59 | 3.79 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.39 | -72.12 | 1110.71 | 1.72 | -29.51 | 342.25 | 0.09 | -86.36 | 50.0 | 0.32 | -87.87 | -70.94 | 103.66 | 2.47 | 7.32 | 14.01 | 0.0 | 135.07 | 11.45 | 0.09 | 156.73 | 0.02 | 0.0 | -33.33 | 25.61 | -0.08 | 1.15 | 2.81 | 0.0 | 4.85 | 0.84 | 0.0 | -9.68 | 15.02 | 12.68 | 70.1 | 18.67 | 9.95 | 50.08 | 1.08 | 35.0 | 56.52 | 16.1 | 13.94 | 69.12 | 0.14 | -3.66 | -0.71 |
| 23Q4 (17) | 10.36 | 147.85 | 300.0 | 60.05 | 4.62 | 13.86 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 12.16 | 3017.95 | 3700.0 | 2.44 | 320.69 | 234.25 | 0.66 | 633.33 | 842.86 | 2.64 | 286.3 | 106.51 | 101.16 | 3.06 | 8.63 | 14.01 | -0.21 | 110.99 | 11.44 | 155.93 | 156.5 | 0.02 | -33.33 | -33.33 | 25.63 | 0.0 | 1.18 | 2.81 | 0.0 | 4.85 | 0.84 | 0.0 | -9.68 | 13.33 | 22.41 | 39.44 | 16.98 | 16.78 | 28.93 | 0.8 | -12.09 | 263.64 | 14.13 | 19.75 | 44.48 | 0.15 | 6.2 | 3.64 |
| 23Q3 (16) | 4.18 | -55.72 | 20.11 | 57.4 | 2.24 | 14.3 | 7.0 | 0.0 | 0 | 0 | 0 | 0 | 0.39 | -96.8 | 30.0 | 0.58 | -70.26 | 300.0 | 0.09 | 0.0 | 50.0 | 0.68 | -0.68 | -10.55 | 98.16 | 7.88 | 12.04 | 14.04 | -4.94 | 108.31 | 4.47 | 0.22 | -60.93 | 0.03 | 50.0 | 0.0 | 25.63 | 0.0 | 1.18 | 2.81 | 0.0 | 4.85 | 0.84 | 0.0 | -9.68 | 10.89 | 5.63 | 23.33 | 14.54 | 4.15 | 16.79 | 0.91 | -11.65 | 313.64 | 11.8 | 4.06 | 30.39 | 0.14 | 0.52 | -3.99 |
| 23Q2 (15) | 9.44 | 37.41 | 35.05 | 56.14 | -8.97 | 21.31 | 7.0 | 0.0 | 40.0 | 0 | 0 | 0 | 12.19 | 4253.57 | 167.91 | 1.95 | 374.65 | 167.12 | 0.09 | 50.0 | -59.09 | 0.69 | -37.55 | -72.69 | 90.99 | -5.8 | 15.98 | 14.77 | 147.82 | 119.47 | 4.46 | 0.0 | -36.19 | 0.02 | -33.33 | -33.33 | 25.63 | 1.22 | 1.06 | 2.81 | 4.85 | 4.85 | 0.84 | -9.68 | -9.68 | 10.31 | 16.76 | 13.05 | 13.96 | 12.22 | 9.58 | 1.03 | 49.28 | 836.36 | 11.34 | 19.12 | 22.86 | 0.14 | -3.45 | -3.15 |
| 23Q1 (14) | 6.87 | 165.25 | 28.65 | 61.67 | 16.93 | 35.18 | 7.0 | 0.14 | 40.0 | 0 | 0 | 0 | 0.28 | -12.5 | -9.68 | -0.71 | -197.26 | -395.83 | 0.06 | -14.29 | 20.0 | 1.10 | -13.81 | 195.27 | 96.59 | 3.73 | 24.23 | 5.96 | -10.24 | -35.36 | 4.46 | 0.0 | -36.19 | 0.03 | 0.0 | -25.0 | 25.32 | -0.04 | 4.93 | 2.68 | 0.0 | 21.27 | 0.93 | 0.0 | 1.09 | 8.83 | -7.64 | -16.62 | 12.44 | -5.54 | -9.33 | 0.69 | 213.64 | 1625.0 | 9.52 | -2.66 | -10.44 | 0.14 | 0.56 | -0.48 |
| 22Q4 (13) | 2.59 | -25.57 | -59.21 | 52.74 | 5.02 | 16.22 | 6.99 | 0 | 39.8 | 0 | 0 | 0 | 0.32 | 6.67 | -88.15 | 0.73 | 351.72 | -8.75 | 0.07 | 16.67 | -30.0 | 1.28 | 67.34 | 95.31 | 93.12 | 6.29 | 22.45 | 6.64 | -1.48 | -27.75 | 4.46 | -61.01 | -36.19 | 0.03 | 0.0 | -40.0 | 25.33 | 0.0 | 3.56 | 2.68 | 0.0 | 21.27 | 0.93 | 0.0 | 1.09 | 9.56 | 8.27 | -8.34 | 13.17 | 5.78 | -2.88 | 0.22 | 0.0 | 633.33 | 9.78 | 8.07 | -6.5 | 0.14 | -1.62 | -1.73 |
| 22Q3 (12) | 3.48 | -50.21 | -49.12 | 50.22 | 8.51 | 10.89 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0.3 | -93.41 | -74.58 | -0.29 | -139.73 | -176.32 | 0.06 | -72.73 | 50.0 | 0.76 | -69.67 | 519.85 | 87.61 | 11.68 | 16.89 | 6.74 | 0.15 | -26.18 | 11.44 | 63.66 | 63.66 | 0.03 | 0.0 | -40.0 | 25.33 | -0.12 | 3.47 | 2.68 | 0.0 | 21.27 | 0.93 | 0.0 | 1.09 | 8.83 | -3.18 | -8.69 | 12.45 | -2.28 | -2.73 | 0.22 | 100.0 | 1000.0 | 9.05 | -1.95 | -6.6 | 0.14 | 1.4 | -0.75 |
| 22Q2 (11) | 6.99 | 30.9 | 27.32 | 46.28 | 1.45 | 6.0 | 5.0 | 0.0 | 0 | 0 | 0 | 0 | 4.55 | 1367.74 | -50.65 | 0.73 | 204.17 | -77.74 | 0.22 | 340.0 | -35.29 | 2.52 | 575.1 | 242.93 | 78.45 | 0.9 | 5.47 | 6.73 | -27.01 | -25.31 | 6.99 | 0.0 | -41.65 | 0.03 | -25.0 | -40.0 | 25.36 | 5.1 | 5.67 | 2.68 | 21.27 | 30.73 | 0.93 | 1.09 | 1.09 | 9.12 | -13.88 | -10.41 | 12.74 | -7.14 | -3.12 | 0.11 | 175.0 | 320.0 | 9.23 | -13.17 | -8.88 | 0.14 | -0.79 | -2.61 |
| 22Q1 (10) | 5.34 | -15.91 | -47.54 | 45.62 | 0.53 | 3.89 | 5.0 | 0.0 | 0 | 0 | 0 | 0 | 0.31 | -88.52 | -85.84 | 0.24 | -70.0 | -31.43 | 0.05 | -50.0 | 66.67 | 0.37 | -42.99 | 480.79 | 77.75 | 2.24 | -0.94 | 9.22 | 0.33 | 2.79 | 6.99 | 0.0 | -41.65 | 0.04 | -20.0 | -20.0 | 24.13 | -1.35 | 0.54 | 2.21 | 0.0 | 7.8 | 0.92 | 0.0 | 0.0 | 10.59 | 1.53 | 53.26 | 13.72 | 1.18 | 38.87 | 0.04 | 33.33 | 150.0 | 10.63 | 1.63 | 55.64 | 0.14 | -0.7 | -9.37 |
| 21Q4 (9) | 6.35 | -7.16 | -51.71 | 45.38 | 0.2 | 3.14 | 5.0 | 0.0 | 0 | 0 | 0 | 0 | 2.7 | 128.81 | -86.43 | 0.8 | 110.53 | -59.39 | 0.1 | 150.0 | 233.33 | 0.65 | 431.07 | 1056.97 | 76.05 | 1.47 | -2.84 | 9.19 | 0.66 | 2.68 | 6.99 | 0.0 | -41.65 | 0.05 | 0.0 | -16.67 | 24.46 | -0.08 | 1.87 | 2.21 | 0.0 | 7.8 | 0.92 | 0.0 | 0.0 | 10.43 | 7.86 | 58.03 | 13.56 | 5.94 | 41.84 | 0.03 | 50.0 | 121.43 | 10.46 | 7.95 | 61.92 | 0.14 | -0.64 | -9.47 |
| 21Q3 (8) | 6.84 | 24.59 | -62.83 | 45.29 | 3.73 | -9.29 | 5.0 | 0 | 242.47 | 0 | 0 | 0 | 1.18 | -87.2 | -92.14 | 0.38 | -88.41 | -44.93 | 0.04 | -88.24 | -98.32 | 0.12 | -83.22 | -97.45 | 74.95 | 0.77 | -10.48 | 9.13 | 1.33 | 35.66 | 6.99 | -41.65 | -51.08 | 0.05 | 0.0 | -96.0 | 24.48 | 2.0 | 1.96 | 2.21 | 7.8 | 7.8 | 0.92 | 0.0 | 0.0 | 9.67 | -5.01 | 111.14 | 12.8 | -2.66 | 69.54 | 0.02 | 140.0 | 106.06 | 9.69 | -4.34 | 128.0 | 0.14 | -0.51 | -52.38 |
| 21Q2 (7) | 5.49 | -46.07 | -72.45 | 43.66 | -0.57 | -13.87 | 0 | 0 | -100.0 | 0 | 0 | 0 | 9.22 | 321.0 | -4.26 | 3.28 | 837.14 | 720.0 | 0.34 | 1033.33 | -81.91 | 0.73 | 1043.36 | 0 | 74.38 | -5.24 | -12.61 | 9.01 | 0.45 | 34.08 | 11.98 | 0.0 | -22.21 | 0.05 | 0.0 | -96.0 | 24.0 | 0.0 | -10.18 | 2.05 | 0.0 | 0 | 0.92 | 0.0 | 0 | 10.18 | 47.32 | 0 | 13.15 | 33.1 | 91.97 | -0.05 | 37.5 | 88.1 | 10.13 | 48.32 | 2511.9 | 0.14 | -7.67 | -50.37 |
| 21Q1 (6) | 10.18 | -22.59 | -39.26 | 43.91 | -0.2 | 1.97 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.19 | -88.99 | -74.33 | 0.35 | -82.23 | 123.03 | 0.03 | 0.0 | -98.68 | 0.06 | 13.57 | 0 | 78.49 | 0.28 | 10.12 | 8.97 | 0.22 | 33.48 | 11.98 | 0.0 | -17.95 | 0.05 | -16.67 | -96.0 | 24.0 | -0.04 | -10.18 | 2.05 | 0.0 | 0 | 0.92 | 0.0 | 0 | 6.91 | 4.7 | 0 | 9.88 | 3.35 | 52.94 | -0.08 | 42.86 | 82.61 | 6.83 | 5.73 | 1584.78 | 0.16 | -0.82 | -42.48 |
| 20Q4 (5) | 13.15 | -28.53 | -26.21 | 44.0 | -11.88 | -0.43 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 19.89 | 32.42 | 22.85 | 1.97 | 185.51 | 278.85 | 0.03 | -98.74 | -98.71 | 0.06 | -98.83 | 0 | 78.27 | -6.51 | 12.94 | 8.95 | 32.99 | 33.18 | 11.98 | -16.17 | -9.79 | 0.06 | -95.2 | -95.2 | 24.01 | 0.0 | -8.92 | 2.05 | 0.0 | 9.63 | 0.92 | 0.0 | 13.58 | 6.6 | 44.1 | 24.06 | 9.56 | 26.62 | 19.5 | -0.14 | 57.58 | 12.5 | 6.46 | 52.0 | 25.19 | 0.16 | -47.73 | -40.38 |
| 20Q3 (4) | 18.4 | -7.68 | 0.0 | 49.93 | -1.5 | 0.0 | 1.46 | 534.78 | 0.0 | 0 | 0 | 0.0 | 15.02 | 55.97 | 0.0 | 0.69 | 72.5 | 0.0 | 2.38 | 26.6 | 0.0 | 4.82 | 0 | 0.0 | 83.72 | -1.63 | 0.0 | 6.73 | 0.15 | 0.0 | 14.29 | -7.21 | 0.0 | 1.25 | 0.0 | 0.0 | 24.01 | -10.14 | 0.0 | 2.05 | 0 | 0.0 | 0.92 | 0 | 0.0 | 4.58 | 0 | 0.0 | 7.55 | 10.22 | 0.0 | -0.33 | 21.43 | 0.0 | 4.25 | 1111.9 | 0.0 | 0.30 | 3.68 | 0.0 |
