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) | 6.23 | 31.16 | 0 | 0 | 0.04 | -20.0 | 0 | 0 | 14.4 | 14.47 | 1.87 | -15.0 | 0.8 | -62.44 | 5.56 | -67.19 | 3.83 | 12.65 | 0.17 | 0.0 | 0.02 | -75.0 | 0.08 | 60.0 | 7.79 | 0.13 | 0.57 | 62.86 | 0.37 | 516.67 | 2.39 | 8.14 | 3.33 | 26.62 | 0.8 | 0 | 3.19 | 73.37 | 0.00 | 0 |
| 2022 (9) | 4.75 | 45.71 | 0 | 0 | 0.05 | 0.0 | 0 | 0 | 12.58 | 52.12 | 2.2 | 3042.86 | 2.13 | 162.96 | 16.93 | 72.87 | 3.4 | 54.55 | 0.17 | 0.0 | 0.08 | -93.33 | 0.05 | -77.27 | 7.78 | 12.75 | 0.35 | 0.0 | 0.06 | 0 | 2.21 | 3057.14 | 2.63 | 526.19 | -0.37 | 0 | 1.84 | 0 | 0.00 | 0 |
| 2021 (8) | 3.26 | 82.12 | 0.3 | -80.0 | 0.05 | -28.57 | 0 | 0 | 8.27 | 1.35 | 0.07 | 0 | 0.81 | 37.29 | 9.79 | 35.46 | 2.2 | -15.38 | 0.17 | -82.65 | 1.2 | 100.0 | 0.22 | -18.52 | 6.9 | 11.11 | 0.35 | -66.98 | 0 | 0 | 0.07 | 0 | 0.42 | 20.0 | -0.16 | 0 | -0.09 | 0 | 0.00 | 0 |
| 2020 (7) | 1.79 | -2.72 | 1.5 | 11.11 | 0.07 | 40.0 | 0 | 0 | 8.16 | -17.33 | -0.31 | 0 | 0.59 | -39.18 | 7.23 | -26.43 | 2.6 | -4.41 | 0.98 | -1.01 | 0.6 | -1.64 | 0.27 | -18.18 | 6.21 | 0.0 | 1.06 | 0.0 | 0 | 0 | -0.72 | 0 | 0.35 | -46.97 | -0.07 | 0 | -0.79 | 0 | 0.00 | 0 |
| 2019 (6) | 1.84 | 19.48 | 1.35 | 17.39 | 0.05 | 0.0 | 0 | 0 | 9.87 | -2.66 | 0.24 | 700.0 | 0.97 | -29.2 | 9.83 | -27.26 | 2.72 | 11.02 | 0.99 | -1.0 | 0.61 | -7.58 | 0.33 | -2.94 | 6.21 | 0.0 | 1.06 | 0.0 | 0 | 0 | -0.41 | 0 | 0.66 | 53.49 | -0.02 | 0 | -0.43 | 0 | 0.00 | 0 |
| 2018 (5) | 1.54 | -23.38 | 1.15 | -4.17 | 0.05 | 66.67 | 0 | 0 | 10.14 | 21.0 | 0.03 | 0 | 1.37 | 0.74 | 13.51 | -16.75 | 2.45 | 15.02 | 1.0 | 47.06 | 0.66 | 22.22 | 0.34 | -2.86 | 6.21 | 0.0 | 1.06 | 0.0 | 0.05 | 0 | -0.68 | 0 | 0.43 | 7.5 | -0.01 | 0 | -0.69 | 0 | 0.00 | 0 |
| 2017 (4) | 2.01 | -29.23 | 1.2 | 100.0 | 0.03 | 200.0 | 0 | 0 | 8.38 | -5.42 | -0.7 | 0 | 1.36 | -2.86 | 16.23 | 2.71 | 2.13 | 37.42 | 0.68 | 257.89 | 0.54 | -5.26 | 0.35 | 6.06 | 6.21 | 0.0 | 1.06 | 0.95 | 0 | 0 | -0.66 | 0 | 0.4 | -69.47 | -0.05 | 0 | -0.71 | 0 | 0.00 | 0 |
| 2016 (3) | 2.84 | -13.68 | 0.6 | 0.0 | 0.01 | 0 | 0 | 0 | 8.86 | 4.85 | 0.19 | 18.75 | 1.4 | 70.73 | 15.80 | 62.83 | 1.55 | 29.17 | 0.19 | 0.0 | 0.57 | -1.72 | 0.33 | 3.12 | 6.21 | 0.0 | 1.05 | 1.94 | 0 | 0 | 0.26 | 30.0 | 1.31 | 6.5 | 0.04 | -42.86 | 0.3 | 11.11 | 0.00 | 0 |
| 2015 (2) | 3.29 | 41.2 | 0.6 | 0.0 | 0 | 0 | 0 | 0 | 8.45 | 15.28 | 0.16 | 0 | 0.82 | -20.39 | 9.70 | -30.94 | 1.2 | -35.14 | 0.19 | 0.0 | 0.58 | 314.29 | 0.32 | 10.34 | 6.21 | 0.0 | 1.03 | 0.0 | 0 | 0 | 0.2 | 1900.0 | 1.23 | 13.89 | 0.07 | 133.33 | 0.27 | 575.0 | 0.00 | -51.08 |
| 2014 (1) | 2.33 | -22.07 | 0.6 | 0.0 | 0 | 0 | 0 | 0 | 7.33 | 3.24 | -0.11 | 0 | 1.03 | 45.07 | 14.05 | 40.52 | 1.85 | 0.0 | 0.19 | -5.0 | 0.14 | 0.0 | 0.29 | -3.33 | 6.21 | 0.0 | 1.03 | 0.0 | 0.04 | -90.7 | 0.01 | 0 | 1.08 | -10.74 | 0.03 | 0 | 0.04 | 0 | 0.00 | 0.86 |
| 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) | 5.76 | 7.66 | -3.68 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 1.61 | 0.0 | -34.29 | -0.05 | 0 | -183.33 | 0.43 | 10.26 | -65.6 | 6.17 | 23.54 | -18.42 | 3.29 | -15.86 | -16.71 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 0.06 | -14.29 | -25.0 | 7.79 | 0.0 | 0.0 | 0.76 | 0.0 | 33.33 | 0 | 0 | -100.0 | 2.3 | -2.13 | -4.96 | 3.06 | -1.61 | -8.93 | 0.63 | -13.7 | -16.0 | 2.93 | -4.87 | -7.57 | 0.00 | 0 | 0 |
| 24Q2 (19) | 5.35 | -16.01 | -17.18 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 1.61 | 16.67 | -65.3 | 0 | -100.0 | -100.0 | 0.39 | -23.53 | -82.97 | 4.99 | 6.14 | -62.6 | 3.91 | -8.22 | 6.25 | 0 | 0 | -100.0 | 0 | 0 | -100.0 | 0.07 | -12.5 | -22.22 | 7.79 | 0.0 | 0.0 | 0.76 | 33.33 | 33.33 | 0 | -100.0 | -100.0 | 2.35 | -20.34 | -0.42 | 3.11 | -20.05 | -5.76 | 0.73 | 17.74 | 308.57 | 3.08 | -13.73 | 53.23 | 0.00 | 0 | 0 |
| 24Q1 (18) | 6.37 | 2.25 | 23.69 | 0 | 0 | 0 | 0.01 | -75.0 | -80.0 | 0 | 0 | 0 | 1.38 | -41.77 | -72.12 | 0.56 | 1966.67 | -35.63 | 0.51 | -36.25 | -81.45 | 4.70 | -15.25 | -72.32 | 4.26 | 11.23 | 9.79 | 0 | -100.0 | -100.0 | 0 | -100.0 | -100.0 | 0.08 | 0.0 | 33.33 | 7.79 | 0.0 | 0.0 | 0.57 | 0.0 | 62.86 | 0.37 | 0.0 | 516.67 | 2.95 | 23.43 | -4.22 | 3.89 | 16.82 | 11.14 | 0.62 | -22.5 | 267.57 | 3.57 | 11.91 | 31.73 | 0.00 | 0 | 0 |
| 23Q4 (17) | 6.23 | 4.18 | 31.16 | 0 | 0 | 0 | 0.04 | 0.0 | -20.0 | 0 | 0 | 0 | 2.37 | -3.27 | -47.22 | -0.03 | -150.0 | -104.69 | 0.8 | -36.0 | -62.44 | 5.55 | -26.58 | -67.21 | 3.83 | -3.04 | 12.65 | 0.17 | 0.0 | 0.0 | 0.02 | -33.33 | -75.0 | 0.08 | 0.0 | 60.0 | 7.79 | 0.0 | 0.13 | 0.57 | 0.0 | 62.86 | 0.37 | 0.0 | 516.67 | 2.39 | -1.24 | 8.14 | 3.33 | -0.89 | 26.62 | 0.8 | 6.67 | 316.22 | 3.19 | 0.63 | 73.37 | 0.00 | 0 | 0 |
| 23Q3 (16) | 5.98 | -7.43 | 46.93 | 0 | 0 | 0 | 0.04 | -20.0 | -20.0 | 0 | 0 | 0 | 2.45 | -47.2 | -20.2 | 0.06 | -93.81 | -89.83 | 1.25 | -45.41 | -17.22 | 7.56 | -43.37 | -49.77 | 3.95 | 7.34 | 8.22 | 0.17 | 0.0 | 0.0 | 0.03 | 0.0 | -72.73 | 0.08 | -11.11 | -52.94 | 7.79 | 0.0 | 0.52 | 0.57 | 0.0 | 62.86 | 0.37 | 0.0 | 516.67 | 2.42 | 2.54 | 56.13 | 3.36 | 1.82 | 70.56 | 0.75 | 314.29 | 266.67 | 3.17 | 57.71 | 188.18 | 0.00 | 0 | 0 |
| 23Q2 (15) | 6.46 | 25.44 | 102.51 | 0 | 0 | 0 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 4.64 | -6.26 | 26.43 | 0.97 | 11.49 | 155.26 | 2.29 | -16.73 | 37.95 | 13.35 | -21.44 | -25.43 | 3.68 | -5.15 | 11.18 | 0.17 | 0.0 | 0.0 | 0.03 | -40.0 | -92.68 | 0.09 | 50.0 | -50.0 | 7.79 | 0.0 | 3.59 | 0.57 | 62.86 | 62.86 | 0.37 | 516.67 | 516.67 | 2.36 | -23.38 | 143.3 | 3.3 | -5.71 | 139.13 | -0.35 | 5.41 | 30.0 | 2.01 | -25.83 | 327.66 | 0.00 | 0 | 0 |
| 23Q1 (14) | 5.15 | 8.42 | 36.24 | 0 | 0 | 0 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 4.95 | 10.24 | 266.67 | 0.87 | 35.94 | 47.46 | 2.75 | 29.11 | 358.33 | 17.00 | 0.38 | 115.57 | 3.88 | 14.12 | 33.33 | 0.17 | 0.0 | 0.0 | 0.05 | -37.5 | -95.5 | 0.06 | 20.0 | -72.73 | 7.79 | 0.13 | 11.93 | 0.35 | 0.0 | 0.0 | 0.06 | 0.0 | 0 | 3.08 | 39.37 | 366.67 | 3.5 | 33.08 | 246.53 | -0.37 | 0.0 | -5.71 | 2.71 | 47.28 | 774.19 | 0.00 | 0 | 0 |
| 22Q4 (13) | 4.75 | 16.71 | 45.71 | 0 | 0 | -100.0 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 4.49 | 46.25 | 131.44 | 0.64 | 8.47 | 433.33 | 2.13 | 41.06 | 162.96 | 16.93 | 12.47 | 72.87 | 3.4 | -6.85 | 54.55 | 0.17 | 0.0 | 0.0 | 0.08 | -27.27 | -93.33 | 0.05 | -70.59 | -77.27 | 7.78 | 0.39 | 12.75 | 0.35 | 0.0 | 0.0 | 0.06 | 0.0 | 0 | 2.21 | 42.58 | 3057.14 | 2.63 | 33.5 | 526.19 | -0.37 | 17.78 | -131.25 | 1.84 | 67.27 | 2144.44 | 0.00 | 0 | 0 |
| 22Q3 (12) | 4.07 | 27.59 | 16.95 | 0 | 0 | 0 | 0.05 | 0.0 | -28.57 | 0 | 0 | 0 | 3.07 | -16.35 | 32.9 | 0.59 | 55.26 | 210.53 | 1.51 | -9.04 | 122.06 | 15.05 | -15.93 | 78.22 | 3.65 | 10.27 | 43.14 | 0.17 | 0.0 | 0.0 | 0.11 | -73.17 | -94.88 | 0.17 | -5.56 | -32.0 | 7.75 | 3.06 | 24.8 | 0.35 | 0.0 | 0.0 | 0.06 | 0.0 | 0 | 1.55 | 59.79 | 3200.0 | 1.97 | 42.75 | 556.67 | -0.45 | 10.0 | -462.5 | 1.1 | 134.04 | 946.15 | 0.00 | 0 | 0 |
| 22Q2 (11) | 3.19 | -15.61 | 153.17 | 0 | 0 | -100.0 | 0.05 | 0.0 | -37.5 | 0 | 0 | 0 | 3.67 | 171.85 | 82.59 | 0.38 | -35.59 | 1800.0 | 1.66 | 176.67 | 55.14 | 17.91 | 127.12 | 27.02 | 3.31 | 13.75 | 12.59 | 0.17 | 0.0 | -82.65 | 0.41 | -63.06 | -39.71 | 0.18 | -18.18 | -28.0 | 7.52 | 8.05 | 21.1 | 0.35 | 0.0 | -66.98 | 0.06 | 0 | 0 | 0.97 | 46.97 | 201.04 | 1.38 | 36.63 | 1280.0 | -0.5 | -42.86 | -525.0 | 0.47 | 51.61 | 145.19 | 0.00 | 0 | 0 |
| 22Q1 (10) | 3.78 | 15.95 | 111.17 | 0 | -100.0 | -100.0 | 0.05 | 0.0 | -44.44 | 0 | 0 | 0 | 1.35 | -30.41 | -32.84 | 0.59 | 391.67 | 326.92 | 0.6 | -25.93 | -17.81 | 7.88 | -19.5 | -17.48 | 2.91 | 32.27 | 7.38 | 0.17 | 0.0 | -82.65 | 1.11 | -7.5 | 60.87 | 0.22 | 0.0 | -15.38 | 6.96 | 0.87 | 12.08 | 0.35 | 0.0 | -66.98 | 0 | 0 | 0 | 0.66 | 842.86 | 167.35 | 1.01 | 140.48 | 1162.5 | -0.35 | -118.75 | -483.33 | 0.31 | 444.44 | 129.81 | 0.00 | 0 | 0 |
| 21Q4 (9) | 3.26 | -6.32 | 82.12 | 0.3 | 0 | -80.0 | 0.05 | -28.57 | -28.57 | 0 | 0 | 0 | 1.94 | -16.02 | 12.79 | 0.12 | -36.84 | 180.0 | 0.81 | 19.12 | 37.29 | 9.79 | 15.95 | 35.63 | 2.2 | -13.73 | -15.38 | 0.17 | 0.0 | -82.65 | 1.2 | -44.19 | 100.0 | 0.22 | -12.0 | -18.52 | 6.9 | 11.11 | 11.11 | 0.35 | 0.0 | -66.98 | 0 | 0 | 0 | 0.07 | 240.0 | 109.72 | 0.42 | 40.0 | 20.0 | -0.16 | -100.0 | -128.57 | -0.09 | 30.77 | 88.61 | 0.00 | 0 | 0 |
| 21Q3 (8) | 3.48 | 176.19 | 101.16 | 0 | -100.0 | -100.0 | 0.07 | -12.5 | 16.67 | 0 | 0 | 0 | 2.31 | 14.93 | 24.86 | 0.19 | 850.0 | 182.61 | 0.68 | -36.45 | 11.48 | 8.45 | -40.08 | 21.58 | 2.55 | -13.27 | -10.53 | 0.17 | -82.65 | -82.83 | 2.15 | 216.18 | 246.77 | 0.25 | 0.0 | -19.35 | 6.21 | 0.0 | 0.0 | 0.35 | -66.98 | -66.98 | 0 | 0 | 0 | -0.05 | 94.79 | 91.23 | 0.3 | 200.0 | -40.0 | -0.08 | 0.0 | -60.0 | -0.13 | 87.5 | 79.03 | 0.00 | 0 | 0 |
| 21Q2 (7) | 1.26 | -29.61 | -8.03 | 1.5 | 0.0 | 0.0 | 0.08 | -11.11 | 33.33 | 0 | 0 | 0 | 2.01 | 0.0 | -2.43 | 0.02 | 107.69 | 122.22 | 1.07 | 46.58 | 9.18 | 14.10 | 47.54 | 0 | 2.94 | 8.49 | 8.09 | 0.98 | 0.0 | -1.01 | 0.68 | -1.45 | 6.25 | 0.25 | -3.85 | -21.88 | 6.21 | 0.0 | 0.0 | 1.06 | 0.0 | 0.0 | 0 | 0 | 0 | -0.96 | 2.04 | -190.91 | 0.1 | 25.0 | -86.3 | -0.08 | -33.33 | -100.0 | -1.04 | 0.0 | -181.08 | 0.00 | 0 | 0 |
| 21Q1 (6) | 1.79 | 0.0 | 1.13 | 1.5 | 0.0 | -16.67 | 0.09 | 28.57 | 80.0 | 0 | 0 | 0 | 2.01 | 16.86 | -20.87 | -0.26 | -73.33 | -262.5 | 0.73 | 23.73 | -39.17 | 9.55 | 32.31 | 0 | 2.71 | 4.23 | -9.97 | 0.98 | 0.0 | -1.01 | 0.69 | 15.0 | 15.0 | 0.26 | -3.7 | -21.21 | 6.21 | 0.0 | 0.0 | 1.06 | 0.0 | 0.0 | 0 | 0 | 0 | -0.98 | -36.11 | -292.0 | 0.08 | -77.14 | -90.24 | -0.06 | 14.29 | -200.0 | -1.04 | -31.65 | -285.19 | 0.00 | 0 | 0 |
| 20Q4 (5) | 1.79 | 3.47 | -2.72 | 1.5 | 0.0 | 11.11 | 0.07 | 16.67 | 40.0 | 0 | 0 | 0 | 1.72 | -7.03 | -26.18 | -0.15 | 34.78 | 0 | 0.59 | -3.28 | -39.18 | 7.22 | 3.94 | 0 | 2.6 | -8.77 | -4.41 | 0.98 | -1.01 | -1.01 | 0.6 | -3.23 | -1.64 | 0.27 | -12.9 | -18.18 | 6.21 | 0.0 | 0.0 | 1.06 | 0.0 | 0.0 | 0 | 0 | 0 | -0.72 | -26.32 | -75.61 | 0.35 | -30.0 | -46.97 | -0.07 | -40.0 | -250.0 | -0.79 | -27.42 | -83.72 | 0.00 | 0 | 0 |
| 20Q3 (4) | 1.73 | 26.28 | 0.0 | 1.5 | 0.0 | 0.0 | 0.06 | 0.0 | 0.0 | 0 | 0 | 0.0 | 1.85 | -10.19 | 0.0 | -0.23 | -155.56 | 0.0 | 0.61 | -37.76 | 0.0 | 6.95 | 0 | 0.0 | 2.85 | 4.78 | 0.0 | 0.99 | 0.0 | 0.0 | 0.62 | -3.12 | 0.0 | 0.31 | -3.12 | 0.0 | 6.21 | 0.0 | 0.0 | 1.06 | 0.0 | 0.0 | 0 | 0 | 0.0 | -0.57 | -72.73 | 0.0 | 0.5 | -31.51 | 0.0 | -0.05 | -25.0 | 0.0 | -0.62 | -67.57 | 0.0 | 0.00 | 0 | 0.0 |
