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) | 37.08 | -7.44 | 12.1 | 13.08 | 0 | 0 | 0 | 0 | 57.46 | -15.26 | 6.75 | -22.24 | 13.78 | -15.3 | 23.98 | -0.05 | 7.98 | -21.99 | 1.68 | 4.35 | 0 | 0 | 0.01 | 0.0 | 19.08 | 0.05 | 9.82 | 9.97 | 2.85 | 0.0 | 25.13 | 6.26 | 37.79 | 6.66 | -1.09 | 0 | 24.04 | 6.18 | 0.10 | -1.19 |
| 2022 (9) | 40.06 | 23.95 | 10.7 | -15.08 | 0.39 | 0 | 0 | 0 | 67.81 | 5.62 | 8.68 | 33.95 | 16.27 | 5.51 | 23.99 | -0.1 | 10.23 | -6.32 | 1.61 | 1.9 | 0.4 | -47.37 | 0.01 | -50.0 | 19.07 | 1.54 | 8.93 | 7.98 | 2.85 | 0.0 | 23.65 | 22.1 | 35.43 | 16.2 | -1.01 | 0 | 22.64 | 27.62 | 0.10 | -0.73 |
| 2021 (8) | 32.32 | 3.09 | 12.6 | 1.94 | 0 | 0 | 0 | 0 | 64.2 | 34.31 | 6.48 | 125.78 | 15.42 | 25.37 | 24.02 | -6.66 | 10.92 | 46.58 | 1.58 | 7.48 | 0.76 | 72.73 | 0.02 | -33.33 | 18.78 | 1.51 | 8.27 | 3.5 | 2.85 | 0.0 | 19.37 | 26.6 | 30.49 | 16.69 | -1.63 | 0 | 17.74 | 31.31 | 0.10 | -10.08 |
| 2020 (7) | 31.35 | 3.36 | 12.36 | 18.5 | 0 | 0 | 0 | 0 | 47.8 | -4.3 | 2.87 | -13.55 | 12.3 | 3.45 | 25.73 | 8.1 | 7.45 | -0.27 | 1.47 | -15.52 | 0.44 | 0 | 0.03 | -25.0 | 18.5 | 0.0 | 7.99 | 4.04 | 2.85 | 0.0 | 15.3 | 0.92 | 26.13 | 1.71 | -1.79 | 0 | 13.51 | 3.05 | 0.11 | 3.44 |
| 2019 (6) | 30.33 | 12.83 | 10.43 | 33.72 | 0 | 0 | 0 | 0 | 49.95 | -2.57 | 3.32 | 14.09 | 11.89 | -14.52 | 23.80 | -12.26 | 7.47 | -13.24 | 1.74 | -8.9 | 0 | 0 | 0.04 | 33.33 | 18.5 | 0.0 | 7.68 | 3.92 | 2.85 | 0.0 | 15.16 | 2.92 | 25.69 | 2.92 | -2.05 | 0 | 13.11 | 3.23 | 0.11 | -1.21 |
| 2018 (5) | 26.88 | -6.47 | 7.8 | -7.91 | 0 | 0 | 0 | 0 | 51.27 | -0.31 | 2.91 | -23.82 | 13.91 | -0.14 | 27.13 | 0.17 | 8.61 | 9.54 | 1.91 | 1.06 | 0 | 0 | 0.03 | 200.0 | 18.5 | 1.43 | 7.39 | 5.42 | 2.85 | 0.0 | 14.73 | -4.72 | 24.96 | -1.38 | -2.03 | 0 | 12.7 | -4.44 | 0.11 | -4.03 |
| 2017 (4) | 28.74 | 165.37 | 8.47 | 41.4 | 0 | 0 | 0 | 0 | 51.43 | 4.85 | 3.82 | -19.58 | 13.93 | 14.18 | 27.09 | 8.9 | 7.86 | 17.66 | 1.89 | -4.55 | 0 | 0 | 0.01 | -50.0 | 18.24 | 0.0 | 7.01 | 7.35 | 2.85 | 0.0 | 15.46 | 6.33 | 25.31 | 5.81 | -2.17 | 0 | 13.29 | 3.83 | 0.12 | 1.85 |
| 2016 (3) | 10.83 | -22.42 | 5.99 | 160.43 | 0 | 0 | 0 | 0 | 49.05 | 3.35 | 4.75 | 20.56 | 12.2 | 11.42 | 24.87 | 7.8 | 6.68 | 3.25 | 1.98 | -4.81 | 0 | 0 | 0.02 | 0 | 18.24 | 1.28 | 6.53 | 6.35 | 2.85 | 0.0 | 14.54 | 17.07 | 23.92 | 11.78 | -1.74 | 0 | 12.8 | -0.85 | 0.12 | -9.22 |
| 2015 (2) | 13.96 | 15.18 | 2.3 | 3.6 | 0 | 0 | 0 | 0 | 47.46 | 0.08 | 3.94 | 2.07 | 10.95 | 3.99 | 23.07 | 3.9 | 6.47 | -8.49 | 2.08 | 0.0 | 0 | 0 | 0 | 0 | 18.01 | 0.0 | 6.14 | 6.6 | 2.85 | 0.0 | 12.42 | 4.99 | 21.4 | 4.7 | 0.49 | -72.16 | 12.91 | -5.0 | 0.13 | -3.27 |
| 2014 (1) | 12.12 | -18.93 | 2.22 | 93.04 | 0 | 0 | 0 | 0 | 47.42 | 3.54 | 3.86 | 11.88 | 10.53 | -1.13 | 22.21 | -4.5 | 7.07 | 4.9 | 2.08 | -3.26 | 0 | 0 | 0 | 0 | 18.01 | -26.28 | 5.76 | 6.47 | 2.85 | -8.95 | 11.83 | 5.06 | 20.44 | 3.18 | 1.76 | 193.33 | 13.59 | 14.59 | 0.13 | -2.96 |
| 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) | 38.02 | -33.13 | -1.45 | 6.3 | -37.0 | -27.59 | 0 | 0 | 0 | 0 | 0 | 0 | 18.62 | 12.99 | 26.58 | 2.82 | -3.42 | 14.63 | 15.18 | 2.71 | 6.08 | 23.83 | -3.6 | 0.05 | 8.48 | 0.24 | 3.54 | 1.76 | -5.38 | 4.76 | 7.51 | -17.2 | 0 | 0.02 | 0.0 | 100.0 | 20.98 | 1.21 | 10.02 | 10.49 | 0.0 | 6.82 | 2.85 | 0.0 | 0.0 | 29.34 | 10.68 | 23.9 | 42.68 | 7.1 | 17.41 | 1.75 | 110.84 | 382.26 | 31.09 | 13.72 | 34.82 | 0.08 | 1.17 | -22.25 |
| 24Q2 (19) | 56.86 | 0.8 | 39.26 | 10.0 | -1.96 | 14.94 | 0 | 0 | -100.0 | 0 | 0 | 0 | 16.48 | 17.38 | 14.29 | 2.92 | 30.94 | 21.67 | 14.78 | 9.89 | 1.79 | 24.72 | 6.1 | 9.54 | 8.46 | 1.32 | -2.2 | 1.86 | 6.9 | 12.05 | 9.07 | -4.43 | 4219.05 | 0.02 | 0.0 | 100.0 | 20.73 | 0.34 | 8.7 | 10.49 | 6.82 | 6.82 | 2.85 | 0.0 | 0.0 | 26.51 | -3.11 | 24.93 | 39.85 | -0.42 | 17.59 | 0.83 | 538.46 | 141.92 | 27.34 | -0.55 | 42.1 | 0.08 | -11.29 | -22.98 |
| 24Q1 (18) | 56.41 | 52.13 | 46.94 | 10.2 | -15.7 | 10.87 | 0 | 0 | -100.0 | 0 | 0 | 0 | 14.04 | -3.64 | 1.96 | 2.23 | 53.79 | 406.82 | 13.45 | -2.39 | -5.48 | 23.29 | -2.85 | 7.83 | 8.35 | 4.64 | -12.47 | 1.74 | 3.57 | 6.75 | 9.49 | 0 | 3063.33 | 0.02 | 100.0 | 100.0 | 20.66 | 8.28 | 8.34 | 9.82 | 0.0 | 9.97 | 2.85 | 0.0 | 0.0 | 27.36 | 8.87 | 13.57 | 40.02 | 5.9 | 11.57 | 0.13 | 111.93 | 125.49 | 27.49 | 14.35 | 16.58 | 0.09 | -13.62 | -11.82 |
| 23Q4 (17) | 37.08 | -3.89 | -7.44 | 12.1 | 39.08 | 13.08 | 0 | 0 | -100.0 | 0 | 0 | 0 | 14.57 | -0.95 | -15.24 | 1.45 | -41.06 | -6.45 | 13.78 | -3.7 | -15.3 | 23.98 | 0.69 | -0.07 | 7.98 | -2.56 | -21.99 | 1.68 | 0.0 | 4.35 | 0 | 0 | -100.0 | 0.01 | 0.0 | 0.0 | 19.08 | 0.05 | 0.05 | 9.82 | 0.0 | 9.97 | 2.85 | 0.0 | 0.0 | 25.13 | 6.12 | 6.26 | 37.79 | 3.96 | 6.66 | -1.09 | -75.81 | -7.92 | 24.04 | 4.25 | 6.18 | 0.10 | 0.29 | -1.19 |
| 23Q3 (16) | 38.58 | -5.51 | 3.71 | 8.7 | 0.0 | -19.44 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 14.71 | 2.01 | -22.46 | 2.46 | 2.5 | -21.15 | 14.31 | -1.45 | -15.33 | 23.81 | 5.54 | -5.42 | 8.19 | -5.32 | -30.42 | 1.68 | 1.2 | 1.2 | 0 | -100.0 | -100.0 | 0.01 | 0.0 | 0.0 | 19.07 | 0.0 | 0.47 | 9.82 | 0.0 | 9.97 | 2.85 | 0.0 | 0.0 | 23.68 | 11.59 | 8.13 | 36.35 | 7.26 | 7.96 | -0.62 | 68.69 | 7.46 | 23.06 | 19.85 | 8.62 | 0.10 | 0.22 | -1.9 |
| 23Q2 (15) | 40.83 | 6.36 | 3.87 | 8.7 | -5.43 | -26.89 | 0.4 | 0.0 | 110.53 | 0 | 0 | 0 | 14.42 | 4.72 | -9.54 | 2.4 | 445.45 | 17.07 | 14.52 | 2.04 | -5.35 | 22.56 | 4.45 | -2.93 | 8.65 | -9.33 | -30.02 | 1.66 | 1.84 | 2.47 | 0.21 | -30.0 | -65.0 | 0.01 | 0.0 | 0.0 | 19.07 | 0.0 | 0.47 | 9.82 | 9.97 | 9.97 | 2.85 | 0.0 | 0.0 | 21.22 | -11.91 | 13.05 | 33.89 | -5.52 | 10.93 | -1.98 | -288.24 | -19.28 | 19.24 | -18.41 | 12.45 | 0.10 | 1.56 | -2.6 |
| 23Q1 (14) | 38.39 | -4.17 | 6.73 | 9.2 | -14.02 | -25.2 | 0.4 | 2.56 | 0 | 0 | 0 | 0 | 13.77 | -19.9 | -12.35 | 0.44 | -71.61 | -77.44 | 14.23 | -12.54 | -2.87 | 21.60 | -9.96 | -2.42 | 9.54 | -6.74 | -18.18 | 1.63 | 1.24 | 2.52 | 0.3 | -25.0 | -62.03 | 0.01 | 0.0 | -50.0 | 19.07 | 0.0 | 0.47 | 8.93 | 0.0 | 7.98 | 2.85 | 0.0 | 0.0 | 24.09 | 1.86 | 12.99 | 35.87 | 1.24 | 10.57 | -0.51 | 49.5 | 13.56 | 23.58 | 4.15 | 13.75 | 0.10 | -3.21 | -4.61 |
| 22Q4 (13) | 40.06 | 7.69 | 23.95 | 10.7 | -0.93 | -15.08 | 0.39 | 34.48 | 0 | 0 | 0 | 0 | 17.19 | -9.38 | 4.18 | 1.55 | -50.32 | 17.42 | 16.27 | -3.73 | 5.51 | 23.99 | -4.71 | -0.09 | 10.23 | -13.08 | -6.32 | 1.61 | -3.01 | 1.9 | 0.4 | -20.0 | -47.37 | 0.01 | 0.0 | -50.0 | 19.07 | 0.47 | 1.54 | 8.93 | 0.0 | 7.98 | 2.85 | 0.0 | 0.0 | 23.65 | 7.99 | 22.1 | 35.43 | 5.23 | 16.2 | -1.01 | -50.75 | 38.04 | 22.64 | 6.64 | 27.62 | 0.10 | -0.42 | -0.73 |
| 22Q3 (12) | 37.2 | -5.37 | 30.21 | 10.8 | -9.24 | -13.81 | 0.29 | 52.63 | 0 | 0 | 0 | 0 | 18.97 | 19.01 | 6.33 | 3.12 | 52.2 | 48.57 | 16.9 | 10.17 | 10.39 | 25.18 | 8.31 | 0.44 | 11.77 | -4.77 | 13.94 | 1.66 | 2.47 | 7.79 | 0.5 | -16.67 | -26.47 | 0.01 | 0.0 | -50.0 | 18.98 | 0.0 | 1.06 | 8.93 | 0.0 | 7.98 | 2.85 | 0.0 | 0.0 | 21.9 | 16.68 | 21.94 | 33.67 | 10.21 | 15.78 | -0.67 | 59.64 | 75.64 | 21.23 | 24.08 | 39.58 | 0.10 | -0.5 | -1.75 |
| 22Q2 (11) | 39.31 | 9.29 | 46.24 | 11.9 | -3.25 | 8.87 | 0.19 | 0 | 0 | 0 | 0 | 0 | 15.94 | 1.46 | -1.12 | 2.05 | 5.13 | 4.06 | 15.34 | 4.71 | 11.97 | 23.25 | 5.0 | -5.74 | 12.36 | 6.0 | 25.23 | 1.62 | 1.89 | 6.58 | 0.6 | -24.05 | 1.69 | 0.01 | -50.0 | -50.0 | 18.98 | 0.0 | 2.59 | 8.93 | 7.98 | 11.76 | 2.85 | 0.0 | 0.0 | 18.77 | -11.96 | 2.18 | 30.55 | -5.83 | 4.59 | -1.66 | -181.36 | 38.75 | 17.11 | -17.46 | 9.26 | 0.10 | -0.53 | 3.01 |
| 22Q1 (10) | 35.97 | 11.29 | 17.43 | 12.3 | -2.38 | -3.3 | 0 | 0 | 0 | 0 | 0 | 0 | 15.71 | -4.79 | 14.25 | 1.95 | 47.73 | 77.27 | 14.65 | -4.99 | 20.58 | 22.14 | -7.81 | -6.72 | 11.66 | 6.78 | 33.26 | 1.59 | 0.63 | 6.71 | 0.79 | 3.95 | 49.06 | 0.02 | 0.0 | -33.33 | 18.98 | 1.06 | 2.59 | 8.27 | 0.0 | 3.5 | 2.85 | 0.0 | 0.0 | 21.32 | 10.07 | 30.0 | 32.44 | 6.4 | 19.13 | -0.59 | 63.8 | 70.2 | 20.73 | 16.85 | 43.76 | 0.10 | 0.73 | -10.2 |
| 21Q4 (9) | 32.32 | 13.13 | 3.09 | 12.6 | 0.56 | 1.94 | 0 | 0 | 0 | 0 | 0 | 0 | 16.5 | -7.51 | 23.5 | 1.32 | -37.14 | 7.32 | 15.42 | 0.72 | 25.37 | 24.01 | -4.21 | -6.67 | 10.92 | 5.71 | 46.58 | 1.58 | 2.6 | 7.48 | 0.76 | 11.76 | 72.73 | 0.02 | 0.0 | -33.33 | 18.78 | 0.0 | 1.51 | 8.27 | 0.0 | 3.5 | 2.85 | 0.0 | 0.0 | 19.37 | 7.85 | 26.6 | 30.49 | 4.85 | 16.69 | -1.63 | 40.73 | 8.94 | 17.74 | 16.63 | 31.31 | 0.10 | -1.45 | -10.08 |
| 21Q3 (8) | 28.57 | 6.29 | -13.0 | 12.53 | 14.64 | -6.84 | 0 | 0 | 0 | 0 | 0 | 0 | 17.84 | 10.67 | 44.81 | 2.1 | 6.6 | 118.75 | 15.31 | 11.75 | 46.93 | 25.07 | 1.65 | 13.85 | 10.33 | 4.66 | 45.29 | 1.54 | 1.32 | 1.32 | 0.68 | 15.25 | 78.95 | 0.02 | 0.0 | -33.33 | 18.78 | 1.51 | 1.51 | 8.27 | 3.5 | 3.5 | 2.85 | 0.0 | 0.0 | 17.96 | -2.23 | 27.47 | 29.08 | -0.45 | 16.65 | -2.75 | -1.48 | -6.18 | 15.21 | -2.87 | 32.26 | 0.10 | 4.32 | -7.39 |
| 21Q2 (7) | 26.88 | -12.24 | -7.72 | 10.93 | -14.07 | -3.27 | 0 | 0 | 0 | 0 | 0 | 0 | 16.12 | 17.24 | 37.07 | 1.97 | 79.09 | 85.85 | 13.7 | 12.76 | 28.04 | 24.66 | 3.91 | 0 | 9.87 | 12.8 | 39.01 | 1.52 | 2.01 | -6.75 | 0.59 | 11.32 | 96.67 | 0.02 | -33.33 | -33.33 | 18.5 | 0.0 | 0.0 | 7.99 | 0.0 | 0.0 | 2.85 | 0.0 | 0.0 | 18.37 | 12.01 | 39.91 | 29.21 | 7.27 | 21.86 | -2.71 | -36.87 | 19.82 | 15.66 | 8.6 | 60.62 | 0.10 | -13.29 | -10.74 |
| 21Q1 (6) | 30.63 | -2.3 | 0.89 | 12.72 | 2.91 | 19.77 | 0 | 0 | 0 | 0 | 0 | 0 | 13.75 | 2.92 | 32.72 | 1.1 | -10.57 | 389.47 | 12.15 | -1.22 | 17.16 | 23.74 | -7.76 | 0 | 8.75 | 17.45 | 13.78 | 1.49 | 1.36 | -11.83 | 0.53 | 20.45 | 120.83 | 0.03 | 0.0 | 0.0 | 18.5 | 0.0 | 0.0 | 7.99 | 0.0 | 4.04 | 2.85 | 0.0 | 0.0 | 16.4 | 7.19 | 10.89 | 27.23 | 4.21 | 7.59 | -1.98 | -10.61 | 43.59 | 14.42 | 6.74 | 27.84 | 0.12 | 0.86 | 4.94 |
| 20Q4 (5) | 31.35 | -4.54 | 3.36 | 12.36 | -8.1 | 18.5 | 0 | 0 | 0 | 0 | 0 | 0 | 13.36 | 8.44 | 3.73 | 1.23 | 28.12 | 92.19 | 12.3 | 18.04 | 3.45 | 25.73 | 16.86 | 0 | 7.45 | 4.78 | -0.27 | 1.47 | -3.29 | -15.52 | 0.44 | 15.79 | 0 | 0.03 | 0.0 | -25.0 | 18.5 | 0.0 | 0.0 | 7.99 | 0.0 | 4.04 | 2.85 | 0.0 | 0.0 | 15.3 | 8.59 | 0.92 | 26.13 | 4.81 | 1.71 | -1.79 | 30.89 | 12.68 | 13.51 | 17.48 | 3.05 | 0.11 | 1.5 | 3.44 |
| 20Q3 (4) | 32.84 | 12.74 | 0.0 | 13.45 | 19.03 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 12.32 | 4.76 | 0.0 | 0.96 | -9.43 | 0.0 | 10.42 | -2.62 | 0.0 | 22.02 | 0 | 0.0 | 7.11 | 0.14 | 0.0 | 1.52 | -6.75 | 0.0 | 0.38 | 26.67 | 0.0 | 0.03 | 0.0 | 0.0 | 18.5 | 0.0 | 0.0 | 7.99 | 0.0 | 0.0 | 2.85 | 0.0 | 0.0 | 14.09 | 7.31 | 0.0 | 24.93 | 4.01 | 0.0 | -2.59 | 23.37 | 0.0 | 11.5 | 17.95 | 0.0 | 0.11 | 0.55 | 0.0 |
