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) | 8.61 | 65.9 | 0.2 | -66.67 | 0 | 0 | 0 | 0 | 24.62 | -20.19 | 3.51 | 13.59 | 2.9 | 10.27 | 11.78 | 38.17 | 3.82 | -22.98 | 1.67 | 0.0 | 0 | 0 | 0.01 | 0 | 8.0 | 0.0 | 5.25 | 6.28 | 1.99 | 0.0 | 9.84 | 13.63 | 17.09 | 9.62 | -0.72 | 0 | 9.12 | 13.01 | 0.00 | 0 |
| 2022 (9) | 5.19 | -71.79 | 0.6 | -91.48 | 0 | 0 | 0 | 0 | 30.85 | 24.09 | 3.09 | 116.08 | 2.63 | -9.62 | 8.53 | -27.17 | 4.96 | -27.8 | 1.67 | 0.0 | 0 | 0 | 0 | 0 | 8.0 | 0.0 | 4.94 | 2.92 | 1.99 | 0.0 | 8.66 | 30.82 | 15.59 | 16.26 | -0.59 | 0 | 8.07 | 44.62 | 0.00 | 0 |
| 2021 (8) | 18.4 | 28.13 | 7.04 | 85.26 | 0 | 0 | 0 | 0 | 24.86 | 28.28 | 1.43 | -21.43 | 2.91 | -15.65 | 11.71 | -34.25 | 6.87 | 76.15 | 1.67 | 0.0 | 0 | 0 | 0 | 0 | 8.0 | 0.0 | 4.8 | 3.9 | 1.99 | 0.0 | 6.62 | 0.76 | 13.41 | 1.75 | -1.04 | 0 | 5.58 | -1.41 | 0.01 | -9.04 |
| 2020 (7) | 14.36 | 101.12 | 3.8 | 30.14 | 0 | 0 | 0 | 0 | 19.38 | -23.64 | 1.82 | -35.0 | 3.45 | 43.15 | 17.80 | 87.47 | 3.9 | 70.31 | 1.67 | 0.0 | 0 | 0 | 0.01 | -50.0 | 8.0 | 0.0 | 4.62 | 6.7 | 1.99 | 0.0 | 6.57 | -4.64 | 13.18 | -0.3 | -0.91 | 0 | 5.66 | -6.6 | 0.01 | -3.61 |
| 2019 (6) | 7.14 | -11.41 | 2.92 | 0 | 0 | 0 | 0 | 0 | 25.38 | -3.57 | 2.8 | -4.11 | 2.41 | -37.89 | 9.50 | -35.59 | 2.29 | -31.02 | 1.67 | 0.0 | 0 | 0 | 0.02 | -33.33 | 8.0 | 0.0 | 4.33 | 7.18 | 1.99 | 0.0 | 6.89 | 8.33 | 13.22 | 6.61 | -0.83 | 0 | 6.06 | 3.77 | 0.01 | 6.33 |
| 2018 (5) | 8.06 | -59.74 | 0 | 0 | 0 | 0 | 0 | 0 | 26.32 | 22.99 | 2.92 | 53.68 | 3.88 | 97.96 | 14.74 | 60.95 | 3.32 | 23.42 | 1.67 | 0.0 | 0 | 0 | 0.03 | 50.0 | 8.0 | 0.0 | 4.04 | 4.94 | 1.99 | 0.0 | 6.36 | 23.5 | 12.4 | 12.73 | -0.52 | 0 | 5.84 | 25.86 | 0.01 | 13.67 |
| 2017 (4) | 20.02 | 32.41 | 8.4 | 1300.0 | 0 | 0 | 0 | 0 | 21.4 | -33.97 | 1.9 | -57.87 | 1.96 | -34.23 | 9.16 | -0.39 | 2.69 | -23.58 | 1.67 | 0.0 | 0 | 0 | 0.02 | 0.0 | 8.0 | 0.0 | 3.85 | 13.24 | 1.99 | 0.0 | 5.15 | -21.13 | 11.0 | -7.72 | -0.51 | 0 | 4.64 | -28.06 | 0.01 | 20.38 |
| 2016 (3) | 15.12 | 89.71 | 0.6 | -53.85 | 0 | 0 | 0 | 0 | 32.41 | 34.87 | 4.51 | 89.5 | 2.98 | 12.45 | 9.19 | -16.62 | 3.52 | -4.86 | 1.67 | 0.0 | 0 | 0 | 0.02 | 0.0 | 8.0 | 0.0 | 3.4 | 7.59 | 1.99 | 0.0 | 6.53 | 59.66 | 11.92 | 29.0 | -0.08 | 0 | 6.45 | 42.7 | 0.01 | 1.97 |
| 2015 (2) | 7.97 | -23.8 | 1.3 | -58.06 | 0 | 0 | 0 | 0 | 24.03 | 19.14 | 2.38 | 31.49 | 2.65 | 3.92 | 11.03 | -12.77 | 3.7 | 33.09 | 1.67 | 0.0 | 0 | 0 | 0.02 | -33.33 | 8.0 | 0.0 | 3.16 | 6.04 | 1.99 | 0.0 | 4.09 | 29.43 | 9.24 | 13.65 | 0.43 | 16.22 | 4.52 | 28.05 | 0.01 | 9.08 |
| 2014 (1) | 10.46 | 21.91 | 3.1 | 19.69 | 0 | 0 | 0 | 0 | 20.17 | -15.0 | 1.81 | -33.94 | 2.55 | -35.28 | 12.64 | -23.86 | 2.78 | -3.47 | 1.67 | 0.0 | 0 | 0 | 0.03 | 0 | 8.0 | 0.0 | 2.98 | 9.96 | 1.99 | 0.0 | 3.16 | -3.07 | 8.13 | 2.14 | 0.37 | 236.36 | 3.53 | 4.75 | 0.01 | 6.2 |
| 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) | 8.83 | -4.13 | 25.07 | 0.3 | -40.0 | 50.0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.98 | 42.37 | 15.11 | 1.32 | 18.92 | -14.29 | 4.21 | 17.93 | -26.27 | 15.24 | 12.34 | -32.73 | 5.64 | 2.73 | 16.05 | 1.67 | 0.0 | 0.0 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 8.0 | 0.0 | 0.0 | 5.6 | 0.0 | 6.67 | 1.99 | 0.0 | 0.0 | 10.27 | 14.75 | 12.12 | 17.87 | 7.98 | 8.96 | -0.31 | -93.75 | -10.71 | 9.96 | 13.31 | 12.16 | 0.00 | 0 | 0 |
| 24Q2 (19) | 9.21 | -2.95 | 31.2 | 0.5 | 51.52 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.01 | 64.17 | 7.68 | 1.11 | 88.14 | 24.72 | 3.57 | 86.91 | 15.91 | 13.56 | 83.36 | 17.76 | 5.49 | 14.37 | 0.55 | 1.67 | 0.0 | 0.0 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 8.0 | 0.0 | 0.0 | 5.6 | 6.67 | 6.67 | 1.99 | 0.0 | 0.0 | 8.95 | -14.19 | 17.45 | 16.55 | -6.34 | 11.3 | -0.16 | 44.83 | 77.78 | 8.79 | -13.31 | 27.39 | 0.00 | 0 | 0 |
| 24Q1 (18) | 9.49 | 10.22 | 63.34 | 0.33 | 65.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.27 | -32.97 | 38.64 | 0.59 | -15.71 | 55.26 | 1.91 | -34.14 | 70.54 | 7.40 | -37.17 | 91.87 | 4.8 | 25.65 | -19.6 | 1.67 | 0.0 | 0.0 | 0 | 0 | 0 | 0.01 | 0.0 | 0 | 8.0 | 0.0 | 0.0 | 5.25 | 0.0 | 6.28 | 1.99 | 0.0 | 0.0 | 10.43 | 6.0 | 15.38 | 17.67 | 3.39 | 10.64 | -0.29 | 59.72 | 50.0 | 10.14 | 11.18 | 19.86 | 0.00 | 0 | 0 |
| 23Q4 (17) | 8.61 | 21.95 | 65.9 | 0.2 | 0.0 | -66.67 | 0 | 0 | 0 | 0 | 0 | 0 | 6.37 | -26.53 | -8.35 | 0.7 | -54.55 | 14.75 | 2.9 | -49.21 | 10.27 | 11.77 | -48.02 | 38.11 | 3.82 | -21.4 | -22.98 | 1.67 | 0.0 | 0.0 | 0 | 0 | 0 | 0.01 | 0.0 | 0 | 8.0 | 0.0 | 0.0 | 5.25 | 0.0 | 6.28 | 1.99 | 0.0 | 0.0 | 9.84 | 7.42 | 13.63 | 17.09 | 4.21 | 9.62 | -0.72 | -157.14 | -22.03 | 9.12 | 2.7 | 13.01 | 0.00 | 0 | 0 |
| 23Q3 (16) | 7.06 | 0.57 | -17.91 | 0.2 | 0 | -95.83 | 0 | 0 | 0 | 0 | 0 | 0 | 8.67 | 33.18 | -15.0 | 1.54 | 73.03 | 7.69 | 5.71 | 85.39 | 26.89 | 22.65 | 96.64 | 56.53 | 4.86 | -10.99 | -29.77 | 1.67 | 0.0 | 0.0 | 0 | 0 | 0 | 0.01 | 0.0 | 0 | 8.0 | 0.0 | 0.0 | 5.25 | 0.0 | 6.28 | 1.99 | 0.0 | 0.0 | 9.16 | 20.21 | 14.5 | 16.4 | 10.29 | 9.85 | -0.28 | 61.11 | 26.32 | 8.88 | 28.7 | 16.54 | 0.00 | 0 | 0 |
| 23Q2 (15) | 7.02 | 20.83 | 113.37 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.51 | 111.36 | -26.19 | 0.89 | 134.21 | 21.92 | 3.08 | 175.0 | -30.79 | 11.52 | 198.76 | -30.24 | 5.46 | -8.54 | -28.16 | 1.67 | 0.0 | 0.0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 8.0 | 0.0 | 0.0 | 5.25 | 6.28 | 6.28 | 1.99 | 0.0 | 0.0 | 7.62 | -15.71 | 15.98 | 14.87 | -6.89 | 10.15 | -0.72 | -24.14 | -9.09 | 6.9 | -18.44 | 16.75 | 0.00 | 0 | 0 |
| 23Q1 (14) | 5.81 | 11.95 | -29.15 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.08 | -55.68 | -36.89 | 0.38 | -37.7 | 18.75 | 1.12 | -57.41 | -17.04 | 3.86 | -54.78 | -29.52 | 5.97 | 20.36 | -30.09 | 1.67 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.0 | 0.0 | 0.0 | 4.94 | 0.0 | 2.92 | 1.99 | 0.0 | 0.0 | 9.04 | 4.39 | 30.26 | 15.97 | 2.44 | 16.31 | -0.58 | 1.69 | 13.43 | 8.46 | 4.83 | 34.93 | 0.00 | 0 | -100.0 |
| 22Q4 (13) | 5.19 | -39.65 | -71.79 | 0.6 | -87.5 | -91.48 | 0 | 0 | 0 | 0 | 0 | 0 | 6.95 | -31.86 | -3.47 | 0.61 | -57.34 | 35.56 | 2.63 | -41.56 | -9.62 | 8.53 | -41.08 | -27.2 | 4.96 | -28.32 | -27.8 | 1.67 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.0 | 0.0 | 0.0 | 4.94 | 0.0 | 2.92 | 1.99 | 0.0 | 0.0 | 8.66 | 8.25 | 30.82 | 15.59 | 4.42 | 16.26 | -0.59 | -55.26 | 43.27 | 8.07 | 5.91 | 44.62 | 0.00 | 0 | -100.0 |
| 22Q3 (12) | 8.6 | 161.4 | -44.23 | 4.8 | 33.33 | -25.47 | 0 | 0 | 0 | 0 | 0 | 0 | 10.2 | 15.65 | 68.6 | 1.43 | 95.89 | 429.63 | 4.5 | 1.12 | 81.45 | 14.47 | -12.37 | 43.24 | 6.92 | -8.95 | 2.82 | 1.67 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.0 | 0.0 | 0.0 | 4.94 | 0.0 | 2.92 | 1.99 | 0.0 | 0.0 | 8.0 | 21.77 | 29.66 | 14.93 | 10.59 | 15.2 | -0.38 | 42.42 | 65.14 | 7.62 | 28.93 | 50.0 | 0.00 | 0 | -100.0 |
| 22Q2 (11) | 3.29 | -59.88 | -77.96 | 3.6 | -47.06 | -36.62 | 0 | 0 | 0 | 0 | 0 | 0 | 8.82 | 80.74 | 34.66 | 0.73 | 128.12 | 65.91 | 4.45 | 229.63 | 58.93 | 16.51 | 201.86 | 46.66 | 7.6 | -11.01 | 39.19 | 1.67 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.0 | 0.0 | 0.0 | 4.94 | 2.92 | 6.93 | 1.99 | 0.0 | 0.0 | 6.57 | -5.33 | -9.75 | 13.5 | -1.68 | -2.81 | -0.66 | 1.49 | 37.74 | 5.91 | -5.74 | -4.98 | 0.00 | -100.0 | -100.0 |
| 22Q1 (10) | 8.2 | -55.43 | -41.22 | 6.8 | -3.41 | 64.65 | 0 | 0 | 0 | 0 | 0 | 0 | 4.88 | -32.22 | -3.37 | 0.32 | -28.89 | 18.52 | 1.35 | -53.61 | -33.17 | 5.47 | -53.29 | -39.13 | 8.54 | 24.31 | 78.66 | 1.67 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.0 | 0.0 | 0.0 | 4.8 | 0.0 | 3.9 | 1.99 | 0.0 | 0.0 | 6.94 | 4.83 | 1.46 | 13.73 | 2.39 | 2.08 | -0.67 | 35.58 | 28.72 | 6.27 | 12.37 | 6.27 | 0.01 | -3.19 | -10.93 |
| 21Q4 (9) | 18.4 | 19.33 | 28.13 | 7.04 | 9.32 | 85.26 | 0 | 0 | 0 | 0 | 0 | 0 | 7.2 | 19.01 | 4.35 | 0.45 | 66.67 | -10.0 | 2.91 | 17.34 | -15.65 | 11.71 | 15.92 | -34.22 | 6.87 | 2.08 | 76.15 | 1.67 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | -100.0 | 8.0 | 0.0 | 0.0 | 4.8 | 0.0 | 3.9 | 1.99 | 0.0 | 0.0 | 6.62 | 7.29 | 0.76 | 13.41 | 3.47 | 1.75 | -1.04 | 4.59 | -14.29 | 5.58 | 9.84 | -1.41 | 0.01 | -6.78 | -9.04 |
| 21Q3 (8) | 15.42 | 3.28 | 14.56 | 6.44 | 13.38 | 117.57 | 0 | 0 | 0 | 0 | 0 | 0 | 6.05 | -7.63 | -5.02 | 0.27 | -38.64 | -62.5 | 2.48 | -11.43 | -24.85 | 10.10 | -10.27 | -44.56 | 6.73 | 23.26 | 81.89 | 1.67 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | -100.0 | 8.0 | 0.0 | 0.0 | 4.8 | 3.9 | 3.9 | 1.99 | 0.0 | 0.0 | 6.17 | -15.25 | 1.31 | 12.96 | -6.7 | 2.05 | -1.09 | -2.83 | -12.37 | 5.08 | -18.33 | -0.78 | 0.01 | 9.63 | -8.92 |
| 21Q2 (7) | 14.93 | 7.03 | 32.95 | 5.68 | 37.53 | 17.84 | 0 | 0 | 0 | 0 | 0 | 0 | 6.55 | 29.7 | 57.45 | 0.44 | 62.96 | -47.62 | 2.8 | 38.61 | 39.3 | 11.26 | 25.29 | 0 | 5.46 | 14.23 | 82.61 | 1.67 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | -100.0 | 8.0 | 0.0 | 0.0 | 4.62 | 0.0 | 0.0 | 1.99 | 0.0 | 0.0 | 7.28 | 6.43 | 35.57 | 13.89 | 3.27 | 15.94 | -1.06 | -12.77 | -3.92 | 6.22 | 5.42 | 42.99 | 0.01 | -9.98 | -20.03 |
| 21Q1 (6) | 13.95 | -2.86 | 49.04 | 4.13 | 8.68 | -9.23 | 0 | 0 | 0 | 0 | 0 | 0 | 5.05 | -26.81 | 158.97 | 0.27 | -46.0 | 212.5 | 2.02 | -41.45 | 210.77 | 8.99 | -49.52 | 0 | 4.78 | 22.56 | 77.7 | 1.67 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 8.0 | 0.0 | 0.0 | 4.62 | 0.0 | 6.7 | 1.99 | 0.0 | 0.0 | 6.84 | 4.11 | 2.7 | 13.45 | 2.05 | 3.62 | -0.94 | -3.3 | -11.9 | 5.9 | 4.24 | 1.37 | 0.01 | -1.14 | -5.8 |
| 20Q4 (5) | 14.36 | 6.69 | 101.12 | 3.8 | 28.38 | 30.14 | 0 | 0 | 0 | 0 | 0 | 0 | 6.9 | 8.32 | 22.56 | 0.5 | -30.56 | -15.25 | 3.45 | 4.55 | 43.15 | 17.80 | -2.31 | 0 | 3.9 | 5.41 | 70.31 | 1.67 | 0.0 | 0.0 | 0 | 0 | 0 | 0.01 | 0.0 | -50.0 | 8.0 | 0.0 | 0.0 | 4.62 | 0.0 | 6.7 | 1.99 | 0.0 | 0.0 | 6.57 | 7.88 | -4.64 | 13.18 | 3.78 | -0.3 | -0.91 | 6.19 | -9.64 | 5.66 | 10.55 | -6.6 | 0.01 | -6.65 | -3.61 |
| 20Q3 (4) | 13.46 | 19.86 | 0.0 | 2.96 | -38.59 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 6.37 | 53.12 | 0.0 | 0.72 | -14.29 | 0.0 | 3.3 | 64.18 | 0.0 | 18.22 | 0 | 0.0 | 3.7 | 23.75 | 0.0 | 1.67 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0.01 | 0.0 | 0.0 | 8.0 | 0.0 | 0.0 | 4.62 | 0.0 | 0.0 | 1.99 | 0.0 | 0.0 | 6.09 | 13.41 | 0.0 | 12.7 | 6.01 | 0.0 | -0.97 | 4.9 | 0.0 | 5.12 | 17.7 | 0.0 | 0.01 | -3.74 | 0.0 |
