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) | 18.28 | 14.75 | 13.42 | -14.25 | 0.11 | 0 | 0 | 0 | 74.2 | -5.51 | 5.77 | 0.7 | 21.23 | -3.32 | 28.61 | 2.32 | 5.47 | -20.61 | 0.38 | 5.56 | 11.7 | -16.43 | 0.04 | 33.33 | 10.56 | 0.0 | 10.53 | 5.83 | 0.3 | -87.39 | 29.61 | 13.93 | 40.44 | 5.56 | -0.02 | 0 | 29.59 | 9.63 | 0.07 | -9.6 |
| 2022 (9) | 15.93 | -7.01 | 15.65 | 85.43 | 0 | 0 | 0 | 0 | 78.53 | 12.39 | 5.73 | 8.32 | 21.96 | 25.2 | 27.96 | 11.39 | 6.89 | 17.98 | 0.36 | 12.5 | 14.0 | -23.5 | 0.03 | -25.0 | 10.56 | 0.0 | 9.95 | 5.63 | 2.38 | 47.83 | 25.99 | 7.98 | 38.31 | 9.15 | 1.0 | 0 | 26.99 | 24.44 | 0.08 | 0.98 |
| 2021 (8) | 17.13 | -12.15 | 8.44 | 29.65 | 0 | 0 | 0 | 0 | 69.87 | 9.77 | 5.29 | 17.82 | 17.54 | 1.56 | 25.10 | -7.48 | 5.84 | 38.39 | 0.32 | 18.52 | 18.3 | 11.59 | 0.04 | -33.33 | 10.56 | 0.0 | 9.42 | 4.9 | 1.61 | -6.94 | 24.07 | 11.85 | 35.1 | 8.9 | -2.38 | 0 | 21.69 | 8.94 | 0.08 | 5.66 |
| 2020 (7) | 19.5 | -35.28 | 6.51 | -29.01 | 0 | 0 | 0 | 0 | 63.65 | -15.91 | 4.49 | 0.9 | 17.27 | -10.93 | 27.13 | 5.91 | 4.22 | -21.12 | 0.27 | 17.39 | 16.4 | 8.61 | 0.06 | 50.0 | 10.56 | -0.28 | 8.98 | 5.03 | 1.73 | 476.67 | 21.52 | 4.72 | 32.23 | 9.63 | -1.61 | 0 | 19.91 | 5.79 | 0.07 | 15.99 |
| 2019 (6) | 30.13 | 129.65 | 9.17 | 34.85 | 0 | 0 | 0 | 0 | 75.69 | -13.91 | 4.45 | 3.01 | 19.39 | -0.15 | 25.62 | 15.98 | 5.35 | -20.03 | 0.23 | 9.52 | 15.1 | 17.05 | 0.04 | -50.0 | 10.59 | -1.3 | 8.55 | 5.3 | 0.3 | 0.0 | 20.55 | 9.13 | 29.4 | 7.89 | -1.73 | 0 | 18.82 | -0.63 | 0.06 | -3.65 |
| 2018 (5) | 13.12 | 11.75 | 6.8 | 13.71 | 0 | 0 | 0 | 0 | 87.92 | -14.52 | 4.32 | -2.48 | 19.42 | -8.35 | 22.09 | 7.22 | 6.69 | 3.56 | 0.21 | 0.0 | 12.9 | 29.0 | 0.08 | -38.46 | 10.73 | 0.0 | 8.12 | 5.87 | 0.3 | 0.0 | 18.83 | 3.63 | 27.25 | 4.21 | 0.11 | -88.04 | 18.94 | -0.79 | 0.06 | 4.62 |
| 2017 (4) | 11.74 | -7.63 | 5.98 | -9.94 | 0 | 0 | 0 | 0 | 102.86 | -14.32 | 4.43 | 11.03 | 21.19 | -10.89 | 20.60 | 4.0 | 6.46 | -22.45 | 0.21 | 0 | 10.0 | 5.26 | 0.13 | -23.53 | 10.73 | 0.0 | 7.67 | 5.36 | 0.3 | 0.0 | 18.17 | 7.07 | 26.15 | 6.56 | 0.92 | -54.46 | 19.09 | 0.53 | 0.06 | -1.37 |
| 2016 (3) | 12.71 | 15.34 | 6.64 | -40.82 | 0.5 | 100.0 | 0 | 0 | 120.05 | 8.0 | 3.99 | 2.05 | 23.78 | -1.08 | 19.81 | -8.41 | 8.33 | 36.78 | 0 | 0 | 9.5 | 58.6 | 0.17 | -32.0 | 10.73 | 0.0 | 7.28 | 5.81 | 0.3 | 0.0 | 16.97 | 5.73 | 24.54 | 5.64 | 2.02 | -63.41 | 18.99 | -11.96 | 0.06 | 3.34 |
| 2015 (2) | 11.02 | -21.51 | 11.22 | 86.69 | 0.25 | -30.56 | 0 | 0 | 111.16 | 4.53 | 3.91 | -16.63 | 24.04 | 9.07 | 21.63 | 4.34 | 6.09 | 5.36 | 0 | 0 | 5.99 | 20.04 | 0.25 | 92.31 | 10.73 | -5.63 | 6.88 | 7.17 | 0.3 | 0.0 | 16.05 | -3.31 | 23.23 | -0.39 | 5.52 | -17.12 | 21.57 | -7.27 | 0.06 | 2.92 |
| 2014 (1) | 14.04 | -25.2 | 6.01 | -18.34 | 0.36 | 0.0 | 0 | 0 | 106.34 | -21.08 | 4.69 | 19.04 | 22.04 | -17.51 | 20.73 | 4.51 | 5.78 | 23.24 | 0 | 0 | 4.99 | 12.39 | 0.13 | -13.33 | 11.37 | -19.99 | 6.42 | 6.64 | 0.3 | 0.0 | 16.6 | 15.28 | 23.32 | 12.49 | 6.66 | 35.92 | 23.26 | 20.52 | 0.06 | 1.49 |
| 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) | 9.41 | -25.96 | -44.52 | 21.9 | 45.71 | 16.06 | 0.16 | -30.43 | 128.57 | 0 | 0 | 0 | 13.31 | 4.64 | -40.95 | 1.37 | -11.61 | -21.26 | 15.54 | 2.71 | -36.1 | 26.66 | 18.97 | -16.93 | 4.99 | -1.19 | -3.48 | 0.39 | -2.5 | 0.0 | 4.82 | -23.25 | -39.14 | 0.05 | -16.67 | 25.0 | 10.56 | 0.0 | 0.0 | 11.15 | 0.0 | 5.89 | 0.3 | 0.0 | 0.0 | 29.22 | 4.92 | 4.25 | 40.67 | 3.49 | 4.63 | 2.09 | 0.0 | 18.08 | 31.31 | 4.58 | 5.07 | 0.07 | -5.94 | -5.18 |
| 24Q2 (19) | 12.71 | -10.81 | -7.83 | 15.03 | 42.46 | -5.83 | 0.23 | 43.75 | 0 | 0 | 0 | 0 | 12.72 | -5.15 | -26.39 | 1.55 | 1.97 | 22.05 | 15.13 | -0.07 | -14.76 | 22.40 | 6.68 | -2.76 | 5.05 | -7.68 | -17.75 | 0.4 | 2.56 | 2.56 | 6.28 | -17.15 | 25.6 | 0.06 | 50.0 | 100.0 | 10.56 | 0.0 | 0.0 | 11.15 | 5.89 | 5.89 | 0.3 | 0.0 | 0.0 | 27.85 | 3.49 | 5.93 | 39.3 | 4.13 | 5.84 | 2.09 | 72.73 | 3383.33 | 29.94 | 6.47 | 13.62 | 0.07 | -3.78 | -0.18 |
| 24Q1 (18) | 14.25 | -22.05 | 3.19 | 10.55 | -21.39 | -25.65 | 0.16 | 45.45 | -84.0 | 0 | 0 | 0 | 13.41 | -28.9 | -13.6 | 1.52 | -3.18 | 28.81 | 15.14 | -28.69 | -6.37 | 21.00 | -26.6 | 1.37 | 5.47 | 0.0 | -26.68 | 0.39 | 2.63 | 2.63 | 7.58 | -35.21 | 51.6 | 0.04 | 0.0 | 33.33 | 10.56 | 0.0 | 0.0 | 10.53 | 0.0 | 5.83 | 0.3 | 0.0 | -87.39 | 26.91 | -9.12 | 16.19 | 37.74 | -6.68 | 6.37 | 1.21 | 6150.0 | -24.84 | 28.12 | -4.97 | 13.52 | 0.07 | 5.12 | -9.73 |
| 23Q4 (17) | 18.28 | 7.78 | 14.75 | 13.42 | -28.88 | -14.25 | 0.11 | 57.14 | 0 | 0 | 0 | 0 | 18.86 | -16.33 | -7.78 | 1.57 | -9.77 | 65.26 | 21.23 | -12.71 | -3.32 | 28.61 | -10.83 | 2.32 | 5.47 | 5.8 | -20.61 | 0.38 | -2.56 | 5.56 | 11.7 | 47.73 | -16.43 | 0.04 | 0.0 | 33.33 | 10.56 | 0.0 | 0.0 | 10.53 | 0.0 | 5.83 | 0.3 | 0.0 | -87.39 | 29.61 | 5.64 | 13.93 | 40.44 | 4.04 | 5.56 | -0.02 | -101.13 | -102.0 | 29.59 | -0.7 | 9.63 | 0.07 | -0.34 | -9.6 |
| 23Q3 (16) | 16.96 | 22.99 | -20.86 | 18.87 | 18.23 | -24.13 | 0.07 | 0 | 0 | 0 | 0 | 0 | 22.54 | 30.44 | -5.25 | 1.74 | 37.01 | -24.68 | 24.32 | 37.01 | 0.29 | 32.09 | 39.27 | 1.08 | 5.17 | -15.8 | -20.34 | 0.39 | 0.0 | 14.71 | 7.92 | 58.4 | 13.14 | 0.04 | 33.33 | 33.33 | 10.56 | 0.0 | 0.0 | 10.53 | 0.0 | 5.83 | 0.3 | 0.0 | -87.39 | 28.03 | 6.62 | 12.48 | 38.87 | 4.69 | 4.35 | 1.77 | 2850.0 | 37.21 | 29.8 | 13.09 | 13.7 | 0.07 | -0.97 | -9.59 |
| 23Q2 (15) | 13.79 | -0.14 | 2.83 | 15.96 | 12.47 | -17.31 | 0 | -100.0 | 0 | 0 | 0 | 0 | 17.28 | 11.34 | -5.52 | 1.27 | 7.63 | -2.31 | 17.75 | 9.77 | -3.11 | 23.04 | 11.21 | -10.68 | 6.14 | -17.69 | -22.57 | 0.39 | 2.63 | 11.43 | 5.0 | 0.0 | -28.57 | 0.03 | 0.0 | -25.0 | 10.56 | 0.0 | 0.0 | 10.53 | 5.83 | 5.83 | 0.3 | -87.39 | -87.39 | 26.29 | 13.51 | 16.28 | 37.13 | 4.65 | 6.27 | 0.06 | -96.27 | 123.08 | 26.35 | 6.38 | 17.9 | 0.07 | -12.98 | -12.43 |
| 23Q1 (14) | 13.81 | -13.31 | 8.31 | 14.19 | -9.33 | -27.9 | 1.0 | 0 | 0.0 | 0 | 0 | 0 | 15.52 | -24.11 | -3.0 | 1.18 | 24.21 | 0.0 | 16.17 | -26.37 | 2.08 | 20.72 | -25.91 | -7.53 | 7.46 | 8.27 | 2.19 | 0.38 | 5.56 | 11.76 | 5.0 | -64.29 | -16.67 | 0.03 | 0.0 | -25.0 | 10.56 | 0.0 | 0.0 | 9.95 | 0.0 | 5.63 | 2.38 | 0.0 | 47.83 | 23.16 | -10.89 | 2.43 | 35.48 | -7.39 | 5.47 | 1.61 | 61.0 | 696.3 | 24.77 | -8.23 | 10.88 | 0.08 | 5.26 | -0.83 |
| 22Q4 (13) | 15.93 | -25.66 | -7.01 | 15.65 | -37.07 | 85.43 | 0 | 0 | 0 | 0 | 0 | 0 | 20.45 | -14.04 | 11.69 | 0.95 | -58.87 | 6.74 | 21.96 | -9.44 | 25.2 | 27.96 | -11.91 | 11.38 | 6.89 | 6.16 | 17.98 | 0.36 | 5.88 | 12.5 | 14.0 | 100.0 | -23.5 | 0.03 | 0.0 | -25.0 | 10.56 | 0.0 | 0.0 | 9.95 | 0.0 | 5.63 | 2.38 | 0.0 | 47.83 | 25.99 | 4.29 | 7.98 | 38.31 | 2.85 | 9.15 | 1.0 | -22.48 | 142.02 | 26.99 | 2.98 | 24.44 | 0.08 | -0.32 | 0.98 |
| 22Q3 (12) | 21.43 | 59.81 | 65.35 | 24.87 | 28.86 | 15.78 | 0 | 0 | 0 | 0 | 0 | 0 | 23.79 | 30.07 | 29.15 | 2.31 | 77.69 | 30.51 | 24.25 | 32.37 | 34.35 | 31.74 | 23.06 | 21.48 | 6.49 | -18.16 | 18.43 | 0.34 | -2.86 | 9.68 | 7.0 | 0.0 | 16.67 | 0.03 | -25.0 | -40.0 | 10.56 | 0.0 | 0.0 | 9.95 | 0.0 | 5.63 | 2.38 | 0.0 | 47.83 | 24.92 | 10.22 | 7.51 | 37.25 | 6.61 | 8.89 | 1.29 | 596.15 | 149.05 | 26.21 | 17.27 | 27.54 | 0.08 | -4.08 | 1.17 |
| 22Q2 (11) | 13.41 | 5.18 | -13.82 | 19.3 | -1.93 | 27.39 | 0 | -100.0 | 0 | 0 | 0 | 0 | 18.29 | 14.31 | 1.78 | 1.3 | 10.17 | -6.47 | 18.32 | 15.66 | 3.15 | 25.80 | 15.14 | 0.6 | 7.93 | 8.63 | 55.49 | 0.35 | 2.94 | 20.69 | 7.0 | 16.67 | -21.35 | 0.04 | 0.0 | -20.0 | 10.56 | 0.0 | 0.0 | 9.95 | 5.63 | 10.8 | 2.38 | 47.83 | 37.57 | 22.61 | 0.0 | 4.05 | 34.94 | 3.86 | 7.74 | -0.26 | 3.7 | 89.88 | 22.35 | 0.04 | 16.65 | 0.08 | -1.46 | 1.02 |
| 22Q1 (10) | 12.75 | -25.57 | -5.06 | 19.68 | 133.18 | 96.8 | 1.0 | 0 | 0 | 0 | 0 | 0 | 16.0 | -12.62 | 5.54 | 1.18 | 32.58 | -4.84 | 15.84 | -9.69 | -3.47 | 22.40 | -10.77 | -11.11 | 7.3 | 25.0 | 58.01 | 0.34 | 6.25 | 21.43 | 6.0 | -67.21 | -57.45 | 0.04 | 0.0 | -20.0 | 10.56 | 0.0 | 0.0 | 9.42 | 0.0 | 4.9 | 1.61 | 0.0 | -6.94 | 22.61 | -6.07 | 11.16 | 33.64 | -4.16 | 8.38 | -0.27 | 88.66 | 85.94 | 22.34 | 3.0 | 21.28 | 0.08 | 7.18 | 3.77 |
| 21Q4 (9) | 17.13 | 32.18 | -12.15 | 8.44 | -60.71 | 29.65 | 0 | 0 | 0 | 0 | 0 | 0 | 18.31 | -0.6 | 4.51 | 0.89 | -49.72 | -15.24 | 17.54 | -2.83 | 1.56 | 25.11 | -3.92 | -7.46 | 5.84 | 6.57 | 38.39 | 0.32 | 3.23 | 18.52 | 18.3 | 205.0 | 11.59 | 0.04 | -20.0 | -33.33 | 10.56 | 0.0 | 0.0 | 9.42 | 0.0 | 4.9 | 1.61 | 0.0 | -6.94 | 24.07 | 3.84 | 11.85 | 35.1 | 2.6 | 8.9 | -2.38 | 9.51 | -47.83 | 21.69 | 5.55 | 8.94 | 0.08 | -0.13 | 5.66 |
| 21Q3 (8) | 12.96 | -16.71 | -21.02 | 21.48 | 41.78 | 100.56 | 0 | 0 | 0 | 0 | 0 | 0 | 18.42 | 2.5 | -1.02 | 1.77 | 27.34 | 9.94 | 18.05 | 1.63 | 6.3 | 26.13 | 1.91 | 0.58 | 5.48 | 7.45 | 37.0 | 0.31 | 6.9 | 24.0 | 6.0 | -32.58 | -48.72 | 0.05 | 0.0 | -28.57 | 10.56 | 0.0 | 0.0 | 9.42 | 4.9 | 4.9 | 1.61 | -6.94 | -6.94 | 23.18 | 6.67 | 13.24 | 34.21 | 5.49 | 9.72 | -2.63 | -2.33 | -11.44 | 20.55 | 7.25 | 13.47 | 0.08 | -4.23 | 11.4 |
| 21Q2 (7) | 15.56 | 15.86 | -44.8 | 15.15 | 51.5 | 26.67 | 0 | 0 | 0 | 0 | 0 | 0 | 17.97 | 18.54 | 30.03 | 1.39 | 12.1 | 36.27 | 17.76 | 8.23 | 30.49 | 25.64 | 1.74 | 0 | 5.1 | 10.39 | 16.97 | 0.29 | 3.57 | 20.83 | 8.9 | -36.88 | 1.14 | 0.05 | 0.0 | 150.0 | 10.56 | 0.0 | -0.28 | 8.98 | 0.0 | 0.0 | 1.73 | 0.0 | 0.0 | 21.73 | 6.83 | 14.73 | 32.43 | 4.48 | 9.38 | -2.57 | -33.85 | 13.18 | 19.16 | 4.02 | 19.9 | 0.08 | 1.22 | 19.21 |
| 21Q1 (6) | 13.43 | -31.13 | -55.66 | 10.0 | 53.61 | -29.13 | 0 | 0 | 0 | 0 | 0 | 0 | 15.16 | -13.47 | 10.66 | 1.24 | 18.1 | 53.09 | 16.41 | -4.98 | 9.84 | 25.20 | -7.11 | 0 | 4.62 | 9.48 | -1.7 | 0.28 | 3.7 | 16.67 | 14.1 | -14.02 | 69.88 | 0.05 | -16.67 | 66.67 | 10.56 | 0.0 | -0.28 | 8.98 | 0.0 | 5.03 | 1.73 | 0.0 | 476.67 | 20.34 | -5.48 | 2.83 | 31.04 | -3.69 | 8.42 | -1.92 | -19.25 | 9.0 | 18.42 | -7.48 | 4.24 | 0.08 | 9.14 | 19.13 |
| 20Q4 (5) | 19.5 | 18.83 | -35.28 | 6.51 | -39.22 | -29.01 | 0 | 0 | 0 | 0 | 0 | 0 | 17.52 | -5.86 | -8.84 | 1.05 | -34.78 | -19.23 | 17.27 | 1.71 | -10.93 | 27.13 | 4.42 | 0 | 4.22 | 5.5 | -21.12 | 0.27 | 8.0 | 17.39 | 16.4 | 40.17 | 8.61 | 0.06 | -14.29 | 50.0 | 10.56 | 0.0 | -0.28 | 8.98 | 0.0 | 5.03 | 1.73 | 0.0 | 476.67 | 21.52 | 5.13 | 4.72 | 32.23 | 3.37 | 9.63 | -1.61 | 31.78 | 6.94 | 19.91 | 9.94 | 5.79 | 0.07 | 5.29 | 15.99 |
| 20Q3 (4) | 16.41 | -41.79 | 0.0 | 10.71 | -10.45 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 18.61 | 34.66 | 0.0 | 1.61 | 57.84 | 0.0 | 16.98 | 24.76 | 0.0 | 25.98 | 0 | 0.0 | 4.0 | -8.26 | 0.0 | 0.25 | 4.17 | 0.0 | 11.7 | 32.95 | 0.0 | 0.07 | 250.0 | 0.0 | 10.56 | -0.28 | 0.0 | 8.98 | 0.0 | 0.0 | 1.73 | 0.0 | 0.0 | 20.47 | 8.08 | 0.0 | 31.18 | 5.16 | 0.0 | -2.36 | 20.27 | 0.0 | 18.11 | 13.33 | 0.0 | 0.07 | 2.49 | 0.0 |
