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) | 14.33 | 4.45 | 7.3 | 5.04 | 3.0 | -12.79 | 0 | 0 | 36.26 | -32.44 | 4.86 | -32.41 | 17.46 | -28.06 | 48.15 | 6.48 | 7.18 | -24.5 | 13.78 | 15.03 | 11.63 | 53.84 | 0.47 | -9.62 | 15.68 | 0.0 | 4.13 | 21.83 | 0.52 | 0.0 | 8.48 | -14.17 | 13.13 | -4.79 | 3.6 | 0 | 12.08 | 25.96 | 0.10 | 15.33 |
| 2022 (9) | 13.72 | 29.31 | 6.95 | 0.0 | 3.44 | 227.62 | 0 | 0 | 53.67 | -6.22 | 7.19 | 8.94 | 24.27 | 16.29 | 45.22 | 24.01 | 9.51 | -17.45 | 11.98 | 8.22 | 7.56 | 2.16 | 0.52 | 13.04 | 15.68 | 3.02 | 3.39 | 23.72 | 0.52 | -50.94 | 9.88 | 31.03 | 13.79 | 21.6 | -0.29 | 0 | 9.59 | 32.46 | 0.08 | 13.88 |
| 2021 (8) | 10.61 | -34.59 | 6.95 | 21.72 | 1.05 | -65.0 | 0 | 0 | 57.23 | 40.06 | 6.6 | 50.34 | 20.87 | 5.4 | 36.47 | -24.75 | 11.52 | 20.75 | 11.07 | 24.1 | 7.4 | 71.3 | 0.46 | -9.8 | 15.22 | 2.01 | 2.74 | 20.7 | 1.06 | 103.85 | 7.54 | 23.4 | 11.34 | 27.27 | -0.3 | 0 | 7.24 | 43.37 | 0.07 | 12.33 |
| 2020 (7) | 16.22 | 46.65 | 5.71 | -39.77 | 3.0 | 0.0 | 0 | 0 | 40.86 | -7.93 | 4.39 | 40.71 | 19.8 | -20.96 | 48.46 | -14.15 | 9.54 | 63.64 | 8.92 | 1293.75 | 4.32 | -21.45 | 0.51 | -5.56 | 14.92 | 0.0 | 2.27 | 13.5 | 0.52 | 0.0 | 6.11 | 11.9 | 8.91 | 11.65 | -1.06 | 0 | 5.05 | -5.78 | 0.06 | 23.87 |
| 2019 (6) | 11.06 | 15.45 | 9.48 | 7.85 | 3.0 | 0 | 0.15 | 0 | 44.38 | -22.14 | 3.12 | -43.88 | 25.05 | -0.08 | 56.44 | 28.33 | 5.83 | -38.7 | 0.64 | 6.67 | 5.5 | -11.29 | 0.54 | -6.9 | 14.92 | -5.99 | 2.0 | 37.93 | 0.52 | 0.0 | 5.46 | -22.33 | 7.98 | -11.33 | -0.1 | 0 | 5.36 | -25.14 | 0.05 | 14.19 |
| 2018 (5) | 9.58 | 17.11 | 8.79 | -10.85 | 0 | 0 | 0 | 0 | 57.0 | 13.93 | 5.56 | 37.97 | 25.07 | 18.2 | 43.98 | 3.75 | 9.51 | 2.37 | 0.6 | 11.11 | 6.2 | 14.81 | 0.58 | -10.77 | 15.87 | 0.0 | 1.45 | 39.42 | 0.52 | 0.0 | 7.03 | 76.63 | 9.0 | 62.45 | 0.13 | -75.0 | 7.16 | 59.11 | 0.05 | 21.85 |
| 2017 (4) | 8.18 | -15.76 | 9.86 | 24.18 | 0 | 0 | 0.13 | 0 | 50.03 | 28.78 | 4.03 | 91.9 | 21.21 | 20.58 | 42.39 | -6.37 | 9.29 | 17.3 | 0.54 | 3.85 | 5.4 | -10.0 | 0.65 | 6.56 | 15.87 | 0.0 | 1.04 | -70.95 | 0.52 | 0.0 | 3.98 | 0 | 5.54 | 255.13 | 0.52 | -23.53 | 4.5 | 0 | 0.04 | 9.61 |
| 2016 (3) | 9.71 | 17.7 | 7.94 | -36.43 | 0 | 0 | 0 | 0 | 38.85 | 15.52 | 2.1 | 0 | 17.59 | 1.97 | 45.28 | -11.73 | 7.92 | -11.51 | 0.52 | 1.96 | 6.0 | -4.31 | 0.61 | -15.28 | 15.87 | 0.0 | 3.58 | 0.0 | 0.52 | 0.0 | -2.54 | 0 | 1.56 | 8.33 | 0.68 | -50.0 | -1.86 | 0 | 0.03 | 0 |
| 2015 (2) | 8.25 | 48.38 | 12.49 | 21.85 | 0.46 | -20.69 | 0 | 0 | 33.63 | -10.08 | -4.96 | 0 | 17.25 | -13.01 | 51.29 | -3.26 | 8.95 | -27.65 | 0.51 | 4.08 | 6.27 | 75.63 | 0.72 | -53.55 | 15.87 | 0.0 | 3.58 | 7.19 | 0.52 | 0.0 | -2.66 | 0 | 1.44 | -83.08 | 1.36 | 18.26 | -1.3 | 0 | -0.05 | 0 |
| 2014 (1) | 5.56 | -29.35 | 10.25 | 4.17 | 0.58 | -6.45 | 0 | 0 | 37.4 | 8.78 | 2.43 | -15.03 | 19.83 | 12.93 | 53.02 | 3.81 | 12.37 | 28.19 | 0.49 | 19.51 | 3.57 | 74.15 | 1.55 | 10.71 | 15.87 | 0.0 | 3.34 | 9.51 | 0.52 | -48.51 | 4.66 | 5.43 | 8.51 | 0.24 | 1.15 | 112.96 | 5.81 | 17.14 | 0.04 | 103.33 |
| 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) | 17.06 | -5.59 | 12.02 | 15.7 | 21.71 | 220.41 | 1.0 | -66.67 | -50.0 | 0 | 0 | 0 | 10.54 | -21.87 | 16.46 | 1.65 | -11.76 | -2.37 | 17.52 | 4.97 | -4.78 | 38.86 | 1.5 | -18.17 | 9.78 | 30.23 | 51.63 | 25.2 | 21.56 | 105.55 | 9.63 | 0.0 | -16.11 | 0.48 | -5.88 | -4.0 | 15.68 | 0.0 | 0.0 | 4.63 | 0.0 | 12.11 | 0.52 | 0.0 | 0.0 | 9.22 | 21.8 | 24.93 | 14.37 | 12.97 | 19.45 | 18.43 | 15.69 | 580.07 | 27.65 | 17.66 | 174.03 | 0.07 | -8.46 | -17.93 |
| 24Q2 (19) | 18.07 | 4.39 | 16.21 | 12.9 | 34.38 | 10.26 | 3.0 | 0.0 | 122.22 | 0 | 0 | 0 | 13.49 | 24.91 | 85.05 | 1.87 | 8.72 | 142.86 | 16.69 | -7.64 | -13.34 | 38.29 | -20.77 | -10.48 | 7.51 | -0.13 | 9.0 | 20.73 | 16.2 | 68.54 | 9.63 | -17.2 | 8.94 | 0.51 | -1.92 | 2.0 | 15.68 | 0.0 | 0.0 | 4.63 | 12.11 | 12.11 | 0.52 | 0.0 | 0.0 | 7.57 | 21.9 | 33.04 | 12.72 | 17.13 | 23.02 | 15.93 | 74.29 | 871.34 | 23.5 | 53.09 | 220.6 | 0.08 | -14.29 | -12.3 |
| 24Q1 (18) | 17.31 | 20.8 | 30.84 | 9.6 | 31.51 | 31.51 | 3.0 | 0.0 | 122.22 | 0 | 0 | 0 | 10.8 | 5.37 | 11.69 | 1.72 | 56.36 | 32.31 | 18.07 | 3.49 | -16.19 | 48.33 | 0.37 | 14.19 | 7.52 | 4.74 | -4.2 | 17.84 | 29.46 | 40.14 | 11.63 | 0.0 | 26.41 | 0.52 | 10.64 | 4.0 | 15.68 | 0.0 | 0.0 | 4.13 | 0.0 | 21.83 | 0.52 | 0.0 | 0.0 | 6.21 | -26.77 | 10.11 | 10.86 | -17.29 | 13.72 | 9.14 | 153.89 | 708.85 | 15.35 | 27.07 | 126.74 | 0.09 | -5.45 | -3.46 |
| 23Q4 (17) | 14.33 | -5.91 | 4.45 | 7.3 | 48.98 | 5.04 | 3.0 | 50.0 | -12.79 | 0 | 0 | 0 | 10.25 | 13.26 | -19.48 | 1.1 | -34.91 | -19.71 | 17.46 | -5.11 | -28.06 | 48.15 | 1.38 | 6.48 | 7.18 | 11.32 | -24.5 | 13.78 | 12.4 | 15.03 | 11.63 | 1.31 | 53.84 | 0.47 | -6.0 | -9.62 | 15.68 | 0.0 | 0.0 | 4.13 | 0.0 | 21.83 | 0.52 | 0.0 | 0.0 | 8.48 | 14.91 | -14.17 | 13.13 | 9.14 | -4.79 | 3.6 | 32.84 | 1341.38 | 12.08 | 19.72 | 25.96 | 0.10 | 10.63 | 15.33 |
| 23Q3 (16) | 15.23 | -2.06 | 12.48 | 4.9 | -58.12 | -44.25 | 2.0 | 48.15 | -41.86 | 0 | 0 | 0 | 9.05 | 24.14 | -41.0 | 1.69 | 119.48 | -25.22 | 18.4 | -4.47 | -28.74 | 47.50 | 11.05 | 2.7 | 6.45 | -6.39 | -40.22 | 12.26 | -0.33 | 3.29 | 11.48 | 29.86 | 109.87 | 0.5 | 0.0 | -7.41 | 15.68 | 0.0 | 0.0 | 4.13 | 0.0 | 21.83 | 0.52 | 0.0 | 0.0 | 7.38 | 29.7 | -10.44 | 12.03 | 16.34 | -0.99 | 2.71 | 65.24 | 6875.0 | 10.09 | 37.65 | 23.05 | 0.09 | -2.18 | 3.69 |
| 23Q2 (15) | 15.55 | 17.54 | 10.05 | 11.7 | 60.27 | 44.09 | 1.35 | 0.0 | 0.0 | 0 | 0 | 0 | 7.29 | -24.61 | -44.77 | 0.77 | -40.77 | -61.31 | 19.26 | -10.67 | -12.93 | 42.77 | 1.06 | 3.82 | 6.89 | -12.23 | -37.36 | 12.3 | -3.38 | 10.41 | 8.84 | -3.91 | 29.43 | 0.5 | 0.0 | 2.04 | 15.68 | 0.0 | 0.0 | 4.13 | 21.83 | 21.83 | 0.52 | 0.0 | 0.0 | 5.69 | 0.89 | -4.85 | 10.34 | 8.27 | 4.55 | 1.64 | 45.13 | 665.52 | 7.33 | 8.27 | 28.82 | 0.09 | -5.65 | 4.63 |
| 23Q1 (14) | 13.23 | -3.57 | 25.17 | 7.3 | 5.04 | -10.1 | 1.35 | -60.76 | 7.14 | 0 | 0 | 0 | 9.67 | -24.04 | -22.02 | 1.3 | -5.11 | -17.2 | 21.56 | -11.17 | 0.94 | 42.32 | -6.41 | 10.57 | 7.85 | -17.46 | -30.84 | 12.73 | 6.26 | 9.27 | 9.2 | 21.69 | 27.96 | 0.5 | -3.85 | 0.0 | 15.68 | 0.0 | 3.02 | 3.39 | 0.0 | 23.72 | 0.52 | 0.0 | -50.94 | 5.64 | -42.91 | -38.02 | 9.55 | -30.75 | -25.97 | 1.13 | 489.66 | 82.26 | 6.77 | -29.41 | -30.35 | 0.09 | 12.95 | 29.72 |
| 22Q4 (13) | 13.72 | 1.33 | 29.31 | 6.95 | -20.93 | 0.0 | 3.44 | 0.0 | 227.62 | 0 | 0 | 0 | 12.73 | -17.01 | -14.51 | 1.37 | -39.38 | -18.45 | 24.27 | -6.0 | 16.29 | 45.22 | -2.22 | 24.03 | 9.51 | -11.86 | -17.45 | 11.98 | 0.93 | 8.22 | 7.56 | 38.21 | 2.16 | 0.52 | -3.7 | 13.04 | 15.68 | 0.0 | 3.02 | 3.39 | 0.0 | 23.72 | 0.52 | 0.0 | -50.94 | 9.88 | 19.9 | 31.03 | 13.79 | 13.5 | 21.6 | -0.29 | -625.0 | 3.33 | 9.59 | 16.95 | 32.46 | 0.08 | -0.53 | 13.88 |
| 22Q3 (12) | 13.54 | -4.18 | 19.4 | 8.79 | 8.25 | 7.59 | 3.44 | 154.81 | 0 | 0 | 0 | 0 | 15.34 | 16.21 | 16.21 | 2.26 | 13.57 | 45.81 | 25.82 | 16.73 | 42.49 | 46.25 | 12.25 | 42.39 | 10.79 | -1.91 | -23.8 | 11.87 | 6.55 | 11.98 | 5.47 | -19.91 | -35.27 | 0.54 | 10.2 | 12.5 | 15.68 | 0.0 | 3.02 | 3.39 | 0.0 | 23.72 | 0.52 | 0.0 | -50.94 | 8.24 | 37.79 | 36.42 | 12.15 | 22.85 | 23.6 | -0.04 | 86.21 | 96.19 | 8.2 | 44.11 | 64.33 | 0.08 | -1.3 | 7.35 |
| 22Q2 (11) | 14.13 | 33.68 | -11.02 | 8.12 | 0.0 | 6.84 | 1.35 | 7.14 | 35.0 | 0 | 0 | 0 | 13.2 | 6.45 | -13.78 | 1.99 | 26.75 | 6.99 | 22.12 | 3.56 | 13.9 | 41.20 | 7.63 | 13.01 | 11.0 | -3.08 | -12.49 | 11.14 | -4.38 | 1.74 | 6.83 | -5.01 | 11.6 | 0.49 | -2.0 | 2.08 | 15.68 | 3.02 | 5.09 | 3.39 | 23.72 | 49.34 | 0.52 | -50.94 | 0.0 | 5.98 | -34.29 | -38.48 | 9.89 | -23.33 | -20.94 | -0.29 | -146.77 | 66.28 | 5.69 | -41.46 | -35.78 | 0.08 | 16.97 | 31.29 |
| 22Q1 (10) | 10.57 | -0.38 | -42.62 | 8.12 | 16.83 | 20.3 | 1.26 | 20.0 | -58.0 | 0 | 0 | 0 | 12.4 | -16.72 | -10.4 | 1.57 | -6.55 | 3.97 | 21.36 | 2.35 | 11.37 | 38.28 | 4.99 | -6.12 | 11.35 | -1.48 | -12.22 | 11.65 | 5.24 | 22.25 | 7.19 | -2.84 | 66.44 | 0.5 | 8.7 | 0.0 | 15.22 | 0.0 | 2.01 | 2.74 | 0.0 | 20.7 | 1.06 | 0.0 | 103.85 | 9.1 | 20.69 | 15.92 | 12.9 | 13.76 | 21.24 | 0.62 | 306.67 | 159.62 | 9.72 | 34.25 | 42.73 | 0.07 | -0.84 | 9.8 |
| 21Q4 (9) | 10.61 | -6.44 | -34.59 | 6.95 | -14.93 | 21.72 | 1.05 | 0 | -65.0 | 0 | 0 | 0 | 14.89 | 12.8 | 10.79 | 1.68 | 8.39 | 20.86 | 20.87 | 15.18 | 5.4 | 36.46 | 12.26 | -24.78 | 11.52 | -18.64 | 20.75 | 11.07 | 4.43 | 24.1 | 7.4 | -12.43 | 71.3 | 0.46 | -4.17 | -9.8 | 15.22 | 0.0 | 2.01 | 2.74 | 0.0 | 20.7 | 1.06 | 0.0 | 103.85 | 7.54 | 24.83 | 23.4 | 11.34 | 15.36 | 27.27 | -0.3 | 71.43 | 71.7 | 7.24 | 45.09 | 43.37 | 0.07 | -6.24 | 12.33 |
| 21Q3 (8) | 11.34 | -28.59 | -14.93 | 8.17 | 7.5 | 67.42 | 0 | -100.0 | -100.0 | 0 | 0 | -100.0 | 13.2 | -13.78 | 23.6 | 1.55 | -16.67 | 18.32 | 18.12 | -6.69 | -0.11 | 32.48 | -10.91 | -31.77 | 14.16 | 12.65 | 58.39 | 10.6 | -3.2 | 41.9 | 8.45 | 38.07 | 75.31 | 0.48 | 0.0 | -7.69 | 15.22 | 2.01 | 2.01 | 2.74 | 20.7 | 20.7 | 1.06 | 103.85 | 103.85 | 6.04 | -37.86 | 32.46 | 9.83 | -21.42 | 33.74 | -1.05 | -22.09 | 28.08 | 4.99 | -43.68 | 60.97 | 0.08 | 20.72 | 25.43 |
| 21Q2 (7) | 15.88 | -13.79 | 17.98 | 7.6 | 12.59 | 27.95 | 1.0 | -66.67 | 0 | 0 | 0 | 0 | 15.31 | 10.62 | 68.61 | 1.86 | 23.18 | 118.82 | 19.42 | 1.25 | 0.99 | 36.46 | -10.59 | 0 | 12.57 | -2.78 | 54.61 | 10.95 | 14.9 | 62.7 | 6.12 | 41.67 | 2.0 | 0.48 | -4.0 | -11.11 | 14.92 | 0.0 | 0.0 | 2.27 | 0.0 | 0.0 | 0.52 | 0.0 | 0.0 | 9.72 | 23.82 | 200.0 | 12.51 | 17.58 | 107.12 | -0.86 | 17.31 | 52.49 | 8.86 | 30.1 | 519.58 | 0.06 | -2.17 | 1.85 |
| 21Q1 (6) | 18.42 | 13.56 | 39.76 | 6.75 | 18.21 | -19.83 | 3.0 | 0.0 | 0 | 0 | 0 | -100.0 | 13.84 | 2.98 | 80.92 | 1.51 | 8.63 | 79.76 | 19.18 | -3.13 | -7.16 | 40.77 | -15.88 | 0 | 12.93 | 35.53 | 90.15 | 9.53 | 6.84 | 45.5 | 4.32 | 0.0 | -38.29 | 0.5 | -1.96 | -9.09 | 14.92 | 0.0 | 0.0 | 2.27 | 0.0 | 13.5 | 0.52 | 0.0 | 0.0 | 7.85 | 28.48 | 22.85 | 10.64 | 19.42 | 19.42 | -1.04 | 1.89 | 43.17 | 6.81 | 34.85 | 49.34 | 0.07 | 1.45 | 15.59 |
| 20Q4 (5) | 16.22 | 21.68 | 46.65 | 5.71 | 17.01 | -39.77 | 3.0 | 0.0 | 0 | 0 | -100.0 | 0 | 13.44 | 25.84 | 25.61 | 1.39 | 6.11 | 215.91 | 19.8 | 9.15 | -20.96 | 48.47 | 1.83 | 0 | 9.54 | 6.71 | 63.64 | 8.92 | 19.41 | 1293.75 | 4.32 | -10.37 | -21.45 | 0.51 | -1.92 | -5.56 | 14.92 | 0.0 | 0.0 | 2.27 | 0.0 | 13.5 | 0.52 | 0.0 | 0.0 | 6.11 | 33.99 | 11.9 | 8.91 | 21.22 | 11.65 | -1.06 | 27.4 | -960.0 | 5.05 | 62.9 | -5.78 | 0.06 | 4.69 | 23.87 |
| 20Q3 (4) | 13.33 | -0.97 | 0.0 | 4.88 | -17.85 | 0.0 | 3.0 | 0 | 0.0 | 0.04 | 0 | 0.0 | 10.68 | 17.62 | 0.0 | 1.31 | 54.12 | 0.0 | 18.14 | -5.67 | 0.0 | 47.60 | 0 | 0.0 | 8.94 | 9.96 | 0.0 | 7.47 | 11.0 | 0.0 | 4.82 | -19.67 | 0.0 | 0.52 | -3.7 | 0.0 | 14.92 | 0.0 | 0.0 | 2.27 | 0.0 | 0.0 | 0.52 | 0.0 | 0.0 | 4.56 | 40.74 | 0.0 | 7.35 | 21.69 | 0.0 | -1.46 | 19.34 | 0.0 | 3.1 | 116.78 | 0.0 | 0.06 | -1.97 | 0.0 |
