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) | 26.14 | -1.88 | 0.4 | -50.0 | 0 | 0 | 0 | 0 | 120.59 | -7.45 | 21.44 | -0.37 | 11.16 | 55.22 | 9.25 | 67.71 | 21.11 | -43.42 | 3.77 | 52.63 | 4.69 | 0 | 5.98 | -1.16 | 30.39 | 0.0 | 29.02 | 8.28 | 0 | 0 | 29.34 | -14.41 | 58.37 | -4.44 | 1.14 | 936.36 | 30.48 | -11.37 | 0.04 | -41.96 |
| 2022 (9) | 26.64 | -37.39 | 0.8 | 166.67 | 0 | 0 | 0 | 0 | 130.3 | -28.91 | 21.52 | -57.82 | 7.19 | -59.92 | 5.52 | -43.63 | 37.31 | 61.24 | 2.47 | -28.82 | 0 | 0 | 6.05 | 42.35 | 30.39 | 0.0 | 26.8 | 24.07 | 0 | 0 | 34.28 | -41.15 | 61.08 | -23.5 | 0.11 | -94.36 | 34.39 | -42.87 | 0.08 | 261.9 |
| 2021 (8) | 42.55 | 109.61 | 0.3 | -25.0 | 0 | 0 | 0 | 0 | 183.28 | 21.38 | 51.02 | 57.18 | 17.94 | -17.02 | 9.79 | -31.64 | 23.14 | 29.78 | 3.47 | 8.44 | 0 | 0 | 4.25 | -5.56 | 30.39 | 0.0 | 21.6 | 18.29 | 0 | 0 | 58.25 | 57.77 | 79.84 | 44.69 | 1.95 | 6400.0 | 60.2 | 62.92 | 0.02 | -12.07 |
| 2020 (7) | 20.3 | 35.15 | 0.4 | -83.4 | 0 | 0 | 0 | 0 | 151.0 | 59.15 | 32.46 | 30.0 | 21.62 | 80.92 | 14.32 | 13.68 | 17.83 | 28.64 | 3.2 | -3.32 | 0 | 0 | 4.5 | 48.03 | 30.39 | 0.0 | 18.26 | 15.86 | 0 | 0 | 36.92 | 43.27 | 55.18 | 32.87 | 0.03 | -97.69 | 36.95 | 36.5 | 0.02 | 0 |
| 2019 (6) | 15.02 | -27.65 | 2.41 | -0.82 | 0 | 0 | 0 | 0 | 94.88 | 9.68 | 24.97 | 60.06 | 11.95 | 8.14 | 12.59 | -1.4 | 13.86 | 19.9 | 3.31 | 34.01 | 0 | 0 | 3.04 | 35.11 | 30.39 | 0.0 | 15.76 | 10.99 | 0 | 0 | 25.77 | 62.48 | 41.53 | 38.16 | 1.3 | -24.42 | 27.07 | 53.98 | -0.01 | 0 |
| 2018 (5) | 20.76 | 4.64 | 2.43 | 1.25 | 0 | 0 | 0 | 0 | 86.51 | 15.3 | 15.6 | 45.25 | 11.05 | 17.8 | 12.77 | 2.17 | 11.56 | 0.17 | 2.47 | -20.32 | 0 | 0 | 2.25 | -12.11 | 30.39 | -29.99 | 14.2 | 8.15 | 0 | 0 | 15.86 | 42.88 | 30.06 | 24.11 | 1.72 | 16.22 | 17.58 | 39.75 | -0.01 | 0 |
| 2017 (4) | 19.84 | 7.59 | 2.4 | 71.43 | 0 | 0 | 0 | 0 | 75.03 | 14.39 | 10.74 | 64.47 | 9.38 | -15.34 | 12.50 | -25.99 | 11.54 | 9.49 | 3.1 | -14.36 | 0 | 0 | 2.56 | 1.99 | 43.41 | 0.0 | 13.13 | 3.88 | 0 | 0 | 11.1 | 130.29 | 24.22 | 38.72 | 1.48 | -16.85 | 12.58 | 90.61 | -0.00 | 0 |
| 2016 (3) | 18.44 | 69.49 | 1.4 | 6.87 | 0 | 0 | 0 | 0 | 65.59 | -0.7 | 6.53 | -20.85 | 11.08 | 5.93 | 16.89 | 6.67 | 10.54 | -6.23 | 3.62 | 48.36 | 0 | 0 | 2.51 | -13.75 | 43.41 | -1.59 | 12.64 | 6.49 | 0 | 0 | 4.82 | -37.81 | 17.46 | -11.01 | 1.78 | -19.46 | 6.6 | -33.73 | -0.00 | 0 |
| 2015 (2) | 10.88 | -6.13 | 1.31 | 0 | 0 | 0 | 0 | 0 | 66.05 | -14.06 | 8.25 | -44.71 | 10.46 | -12.98 | 15.84 | 1.26 | 11.24 | -7.79 | 2.44 | 39.43 | 0 | 0 | 2.91 | -10.74 | 44.11 | 0.0 | 11.87 | 14.35 | 0 | 0 | 7.75 | -46.37 | 19.62 | -20.98 | 2.21 | -4.33 | 9.96 | -40.57 | -0.00 | 0 |
| 2014 (1) | 11.59 | 16.48 | 0 | 0 | 0 | 0 | 0 | 0 | 76.86 | -1.4 | 14.92 | -3.49 | 12.02 | -0.08 | 15.64 | 1.33 | 12.19 | 3.04 | 1.75 | 483.33 | 0 | 0 | 3.26 | 57.49 | 44.11 | 1.82 | 10.38 | 10.9 | 0 | 0 | 14.45 | 42.08 | 24.83 | 27.07 | 2.31 | 39.16 | 16.76 | 41.67 | 0.01 | -22.93 |
| 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) | 42.75 | -4.79 | 67.12 | 1.4 | 100.0 | 250.0 | 0 | 0 | 0 | 0 | 0 | 0 | 34.03 | 8.0 | -2.83 | 7.12 | -3.52 | -7.05 | 14.24 | -0.49 | 0.71 | 11.15 | 0.28 | -13.95 | 18.29 | -7.81 | -22.83 | 4.2 | -11.39 | 3.45 | 4.69 | 0.0 | 0.0 | 5.25 | -7.08 | -17.19 | 30.39 | 0.0 | 0.0 | 31.18 | 0.0 | 7.44 | 0 | 0 | 0 | 27.25 | -15.61 | 16.35 | 58.43 | -7.94 | 11.42 | 0.2 | -64.29 | -9.09 | 27.45 | -16.44 | 16.12 | 0.03 | -7.0 | -44.61 |
| 24Q2 (19) | 44.9 | 36.81 | 77.19 | 0.7 | 66.67 | 75.0 | 0 | 0 | 0 | 0 | 0 | 0 | 31.51 | 1.45 | 3.62 | 7.38 | 8.05 | 49.09 | 14.31 | 7.59 | 27.43 | 11.12 | 6.67 | 1.29 | 19.84 | 0.35 | -30.12 | 4.74 | 14.22 | 11.27 | 4.69 | 0.0 | 0.0 | 5.65 | -0.53 | -16.42 | 30.39 | 0.0 | 0.0 | 31.18 | 7.44 | 7.44 | 0 | 0 | 0 | 32.29 | 19.33 | 47.85 | 63.47 | 13.18 | 24.79 | 0.56 | -27.27 | -20.0 | 32.85 | 18.04 | 45.74 | 0.03 | -13.98 | -40.44 |
| 24Q1 (18) | 32.82 | 25.55 | 16.22 | 0.42 | 5.0 | 5.0 | 0 | 0 | 0 | 0 | 0 | 0 | 31.06 | -0.13 | 29.15 | 6.83 | 18.37 | 123.2 | 13.3 | 19.18 | 40.59 | 10.42 | 12.63 | 24.92 | 19.77 | -6.35 | -40.2 | 4.15 | 10.08 | 48.21 | 4.69 | 0.0 | 0 | 5.68 | -5.02 | -29.7 | 30.39 | 0.0 | 0.0 | 29.02 | 0.0 | 8.28 | 0 | 0 | 0 | 27.06 | -7.77 | 41.6 | 56.08 | -3.92 | 22.15 | 0.77 | -32.46 | -16.3 | 27.83 | -8.69 | 38.94 | 0.04 | -17.15 | -55.46 |
| 23Q4 (17) | 26.14 | 2.19 | -1.88 | 0.4 | 0.0 | -50.0 | 0 | 0 | 0 | 0 | 0 | 0 | 31.1 | -11.19 | 58.35 | 5.77 | -24.67 | 1102.08 | 11.16 | -21.07 | 55.22 | 9.26 | -28.58 | 67.74 | 21.11 | -10.93 | -43.42 | 3.77 | -7.14 | 52.63 | 4.69 | 0.0 | 0 | 5.98 | -5.68 | -1.16 | 30.39 | 0.0 | 0.0 | 29.02 | 0.0 | 8.28 | 0 | 0 | 0 | 29.34 | 25.28 | -14.41 | 58.37 | 11.31 | -4.44 | 1.14 | 418.18 | 936.36 | 30.48 | 28.93 | -11.37 | 0.04 | -16.42 | -41.96 |
| 23Q3 (16) | 25.58 | 0.95 | -8.18 | 0.4 | 0.0 | -50.0 | 0 | 0 | 0 | 0 | 0 | 0 | 35.02 | 15.16 | 24.23 | 7.66 | 54.75 | 46.74 | 14.14 | 25.91 | 14.4 | 12.96 | 18.03 | 59.66 | 23.7 | -16.52 | -35.02 | 4.06 | -4.69 | 61.75 | 4.69 | 0.0 | 0 | 6.34 | -6.21 | 32.64 | 30.39 | 0.0 | 0.0 | 29.02 | 0.0 | 8.28 | 0 | 0 | 0 | 23.42 | 7.23 | -29.16 | 52.44 | 3.11 | -12.4 | 0.22 | -68.57 | 344.44 | 23.64 | 4.88 | -28.3 | 0.05 | 0.0 | 26.59 |
| 23Q2 (15) | 25.34 | -10.27 | -47.62 | 0.4 | 0.0 | -50.0 | 0 | 0 | 0 | 0 | 0 | 0 | 30.41 | 26.44 | -26.71 | 4.95 | 61.76 | -36.86 | 11.23 | 18.71 | -43.79 | 10.98 | 31.57 | -4.47 | 28.39 | -14.13 | -15.73 | 4.26 | 52.14 | 52.14 | 4.69 | 0 | 0 | 6.76 | -16.34 | 33.6 | 30.39 | 0.0 | 0.0 | 29.02 | 8.28 | 8.28 | 0 | 0 | 0 | 21.84 | 14.29 | -21.58 | 50.86 | 10.78 | -6.92 | 0.7 | -23.91 | 94.44 | 22.54 | 12.53 | -20.1 | 0.05 | -35.67 | 8.84 |
| 23Q1 (14) | 28.24 | 6.01 | -27.63 | 0.4 | -50.0 | -50.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 24.05 | 22.45 | -41.33 | 3.06 | 537.5 | -61.65 | 9.46 | 31.57 | -51.73 | 8.34 | 51.23 | -22.21 | 33.06 | -11.39 | 15.76 | 2.8 | 13.36 | -18.6 | 0 | 0 | -100.0 | 8.08 | 33.55 | 62.9 | 30.39 | 0.0 | 0.0 | 26.8 | 0.0 | 24.07 | 0 | 0 | 0 | 19.11 | -44.25 | -71.15 | 45.91 | -24.84 | -47.73 | 0.92 | 736.36 | -34.29 | 20.03 | -41.76 | -70.38 | 0.08 | 7.96 | 128.45 |
| 22Q4 (13) | 26.64 | -4.38 | -37.39 | 0.8 | 0.0 | 166.67 | 0 | 0 | 0 | 0 | 0 | 0 | 19.64 | -30.33 | -52.81 | 0.48 | -90.8 | -96.36 | 7.19 | -41.83 | -59.92 | 5.52 | -32.02 | -43.63 | 37.31 | 2.3 | 61.24 | 2.47 | -1.59 | -28.82 | 0 | 0 | 0 | 6.05 | 26.57 | 42.35 | 30.39 | 0.0 | 0.0 | 26.8 | 0.0 | 24.07 | 0 | 0 | 0 | 34.28 | 3.69 | -41.15 | 61.08 | 2.04 | -23.5 | 0.11 | 222.22 | -94.36 | 34.39 | 4.31 | -42.87 | 0.08 | 82.27 | 261.9 |
| 22Q3 (12) | 27.86 | -42.41 | -21.21 | 0.8 | 0.0 | 166.67 | 0 | 0 | 0 | 0 | 0 | 0 | 28.19 | -32.06 | -43.34 | 5.22 | -33.42 | -61.67 | 12.36 | -38.14 | -46.77 | 8.12 | -29.38 | -34.24 | 36.47 | 8.25 | 77.99 | 2.51 | -10.36 | -29.69 | 0 | 0 | 0 | 4.78 | -5.53 | 16.02 | 30.39 | 0.0 | 0.0 | 26.8 | 0.0 | 24.07 | 0 | 0 | 0 | 33.06 | 18.71 | -26.45 | 59.86 | 9.55 | -10.05 | -0.09 | -125.0 | -103.75 | 32.97 | 16.87 | -30.37 | 0.04 | -14.02 | 63.33 |
| 22Q2 (11) | 48.38 | 23.99 | 28.23 | 0.8 | 0.0 | 60.0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 41.49 | 1.22 | -17.61 | 7.84 | -1.75 | -40.61 | 19.98 | 1.94 | -11.59 | 11.49 | 7.14 | -5.69 | 33.69 | 17.96 | 75.74 | 2.8 | -18.6 | -22.01 | 0 | -100.0 | 0 | 5.06 | 2.02 | 17.13 | 30.39 | 0.0 | 0.0 | 26.8 | 24.07 | 24.07 | 0 | 0 | 0 | 27.85 | -57.95 | -8.48 | 54.64 | -37.79 | 5.02 | 0.36 | -74.29 | -50.68 | 28.21 | -58.29 | -9.47 | 0.05 | 35.01 | 132.52 |
| 22Q1 (10) | 39.02 | -8.3 | 132.4 | 0.8 | 166.67 | 60.0 | 0.03 | 0 | 0 | 0 | 0 | 0 | 40.99 | -1.51 | -1.37 | 7.98 | -39.55 | -27.45 | 19.6 | 9.25 | -6.93 | 10.73 | 9.59 | -13.16 | 28.56 | 23.42 | 56.15 | 3.44 | -0.86 | 2.38 | 0.22 | 0 | 0 | 4.96 | 16.71 | 9.49 | 30.39 | 0.0 | 0.0 | 21.6 | 0.0 | 18.29 | 0 | 0 | 0 | 66.23 | 13.7 | 38.21 | 87.83 | 10.01 | 32.71 | 1.4 | -28.21 | 133.33 | 67.63 | 12.34 | 39.39 | 0.04 | 71.03 | 85.54 |
| 21Q4 (9) | 42.55 | 20.33 | 109.61 | 0.3 | 0.0 | -25.0 | 0 | 0 | 0 | 0 | 0 | 0 | 41.62 | -16.34 | -10.44 | 13.2 | -3.08 | 10.55 | 17.94 | -22.74 | -17.02 | 9.79 | -20.69 | -31.64 | 23.14 | 12.93 | 29.78 | 3.47 | -2.8 | 8.44 | 0 | 0 | 0 | 4.25 | 3.16 | -5.56 | 30.39 | 0.0 | 0.0 | 21.6 | 0.0 | 18.29 | 0 | 0 | 0 | 58.25 | 29.59 | 57.77 | 79.84 | 19.97 | 44.69 | 1.95 | -18.75 | 6400.0 | 60.2 | 27.14 | 62.92 | 0.02 | -17.74 | -12.07 |
| 21Q3 (8) | 35.36 | -6.28 | 94.61 | 0.3 | -40.0 | -28.57 | 0 | 0 | 0 | 0 | 0 | 0 | 49.75 | -1.21 | 5.69 | 13.62 | 3.18 | 26.11 | 23.22 | 2.74 | 1.62 | 12.34 | 1.28 | -28.89 | 20.49 | 6.89 | 14.85 | 3.57 | -0.56 | 17.82 | 0 | 0 | 0 | 4.12 | -4.63 | -12.9 | 30.39 | 0.0 | 0.0 | 21.6 | 0.0 | 18.29 | 0 | 0 | 0 | 44.95 | 47.72 | 84.22 | 66.55 | 27.91 | 56.04 | 2.4 | 228.77 | 650.0 | 47.35 | 51.96 | 91.55 | 0.03 | 22.4 | -9.61 |
| 21Q2 (7) | 37.73 | 124.72 | 35.96 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 50.36 | 21.17 | 42.3 | 13.2 | 20.0 | 43.79 | 22.6 | 7.31 | 26.9 | 12.19 | -1.35 | 0 | 19.17 | 4.81 | 2.19 | 3.59 | 6.85 | 20.88 | 0 | 0 | 0 | 4.32 | -4.64 | 19.34 | 30.39 | 0.0 | 0.0 | 21.6 | 18.29 | 18.29 | 0 | 0 | 0 | 30.43 | -36.5 | 129.83 | 52.03 | -21.38 | 65.17 | 0.73 | 21.67 | -24.74 | 31.16 | -35.78 | 119.28 | 0.02 | 7.73 | -39.58 |
| 21Q1 (6) | 16.79 | -17.29 | -18.38 | 0.5 | 25.0 | 2.04 | 0 | 0 | 0 | 0 | 0 | 0 | 41.56 | -10.57 | 88.4 | 11.0 | -7.87 | 1937.04 | 21.06 | -2.59 | 62.25 | 12.35 | -13.73 | 0 | 18.29 | 2.58 | 19.23 | 3.36 | 5.0 | 13.9 | 0 | 0 | 0 | 4.53 | 0.67 | 23.77 | 30.39 | 0.0 | 0.0 | 18.26 | 0.0 | 15.86 | 0 | 0 | 0 | 47.92 | 29.79 | 82.14 | 66.18 | 19.93 | 57.31 | 0.6 | 1900.0 | 3.45 | 48.52 | 31.31 | 80.44 | 0.02 | -18.95 | -39.59 |
| 20Q4 (5) | 20.3 | 11.72 | 35.15 | 0.4 | -4.76 | -83.4 | 0 | 0 | 0 | 0 | 0 | 0 | 46.47 | -1.27 | 71.29 | 11.94 | 10.56 | 21.59 | 21.62 | -5.38 | 80.92 | 14.32 | -17.5 | 0 | 17.83 | -0.06 | 28.64 | 3.2 | 5.61 | -3.32 | 0 | 0 | 0 | 4.5 | -4.86 | 48.03 | 30.39 | 0.0 | 0.0 | 18.26 | 0.0 | 15.86 | 0 | 0 | 0 | 36.92 | 51.31 | 43.27 | 55.18 | 29.38 | 32.87 | 0.03 | -90.62 | -97.69 | 36.95 | 49.47 | 36.5 | 0.02 | -15.43 | 375.79 |
| 20Q3 (4) | 18.17 | -34.52 | 0.0 | 0.42 | -16.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 47.07 | 33.0 | 0.0 | 10.8 | 17.65 | 0.0 | 22.85 | 28.3 | 0.0 | 17.36 | 0 | 0.0 | 17.84 | -4.9 | 0.0 | 3.03 | 2.02 | 0.0 | 0 | 0 | 0.0 | 4.73 | 30.66 | 0.0 | 30.39 | 0.0 | 0.0 | 18.26 | 0.0 | 0.0 | 0 | 0 | 0.0 | 24.4 | 84.29 | 0.0 | 42.65 | 35.4 | 0.0 | 0.32 | -67.01 | 0.0 | 24.72 | 73.96 | 0.0 | 0.03 | -18.18 | 0.0 |
