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) | 21.17 | -4.73 | 66.05 | 15.55 | 0 | 0 | 0 | 0 | 7.35 | -81.42 | 3.04 | -37.45 | 1.7 | 68.32 | 23.13 | 805.7 | 127.67 | 9.49 | 14.86 | 19.84 | 0 | 0 | 0 | 0 | 38.0 | 0.0 | 10.41 | 4.1 | 1.38 | 1280.0 | 43.4 | 3.09 | 55.19 | 5.73 | 1.53 | 0 | 44.93 | 10.34 | 0.01 | -3.99 |
| 2022 (9) | 22.22 | -16.53 | 57.16 | 22.37 | 0 | 0 | 0 | 0 | 39.55 | -22.81 | 4.86 | -50.51 | 1.01 | -80.76 | 2.55 | -75.08 | 116.6 | 9.4 | 12.4 | 1.14 | 0 | 0 | 0 | 0 | 38.0 | 0.0 | 10.0 | 1.21 | 0.1 | 0 | 42.1 | 10.09 | 52.2 | 8.48 | -1.38 | 0 | 40.72 | 6.76 | 0.01 | 194.75 |
| 2021 (8) | 26.62 | -53.5 | 46.71 | 32.74 | 0 | 0 | 0 | 0 | 51.24 | -64.11 | 9.82 | -80.13 | 5.25 | 73.84 | 10.25 | 384.41 | 106.58 | 7.46 | 12.26 | 49.33 | 0 | 0 | 0 | 0 | 38.0 | 0.0 | 9.88 | 15.42 | 0 | 0 | 38.24 | 10.62 | 48.12 | 11.57 | -0.1 | 0 | 38.14 | -4.0 | 0.00 | 0.3 |
| 2020 (7) | 57.25 | 280.4 | 35.19 | -36.89 | 0 | 0 | 0 | 0 | 142.78 | 642.49 | 49.43 | 8571.93 | 3.02 | 202.0 | 2.12 | -59.33 | 99.18 | -29.28 | 8.21 | 78.48 | 0 | 0 | 0 | 0 | 38.0 | -45.45 | 8.56 | 130.11 | 0 | 0 | 34.57 | 2559.23 | 43.13 | 759.16 | 5.16 | 437.5 | 39.73 | 1657.96 | 0.00 | 15.65 |
| 2019 (6) | 15.05 | -2.02 | 55.76 | -18.29 | 0 | 0 | 0 | 0 | 19.23 | 155.38 | 0.57 | 0 | 1.0 | -61.54 | 5.20 | -84.94 | 140.25 | 5.67 | 4.6 | -2.54 | 0 | 0 | 0 | 0 | 69.66 | 0.0 | 3.72 | 0.0 | 0 | 0 | 1.3 | -69.12 | 5.02 | -36.78 | 0.96 | 200.0 | 2.26 | -50.11 | 0.00 | 0 |
| 2018 (5) | 15.36 | 148.14 | 68.24 | 8.89 | 0 | 0 | 0 | 0 | 7.53 | -71.83 | -0.49 | 0 | 2.6 | 13.04 | 34.53 | 301.28 | 132.73 | 8.53 | 4.72 | 52.26 | 0 | 0 | 0 | 0 | 69.66 | 20.81 | 3.72 | 3.91 | 0 | 0 | 4.21 | 73.97 | 7.94 | -19.64 | 0.32 | 220.0 | 4.53 | 79.76 | 0.00 | 0 |
| 2017 (4) | 6.19 | -36.9 | 62.67 | 1.62 | 0 | 0 | 0 | 0 | 26.73 | 83.33 | 1.44 | 1957.14 | 2.3 | 98.28 | 8.60 | 8.15 | 122.3 | 4.56 | 3.1 | 10.71 | 0 | 0 | 0 | 0 | 57.66 | 0.0 | 3.58 | 0.28 | 3.88 | 0.0 | 2.42 | 144.44 | 9.88 | 17.2 | 0.1 | 42.86 | 2.52 | 137.74 | 0.03 | 84.44 |
| 2016 (3) | 9.81 | -16.51 | 61.67 | 10.28 | 0 | 0 | 0 | 0 | 14.58 | -51.4 | 0.07 | -97.93 | 1.16 | 70.59 | 7.96 | 251.0 | 116.97 | 6.35 | 2.8 | -0.71 | 0 | 0 | 0.01 | -66.67 | 57.66 | 0.0 | 3.57 | 10.53 | 3.88 | 0.0 | 0.99 | -72.19 | 8.43 | -20.99 | 0.07 | 250.0 | 1.06 | -70.39 | 0.02 | 2414.31 |
| 2015 (2) | 11.75 | 0.26 | 55.92 | 20.21 | 0 | 0 | 0 | 0 | 30.0 | 92.68 | 3.38 | 576.0 | 0.68 | 106.06 | 2.27 | 6.95 | 109.99 | 12.78 | 2.82 | -2.08 | 0 | 0 | 0.03 | 0.0 | 57.66 | 14.5 | 3.23 | 1.57 | 3.88 | 0.0 | 3.56 | 339.51 | 10.67 | 35.58 | 0.02 | -50.0 | 3.58 | 321.18 | 0.00 | 0 |
| 2014 (1) | 11.72 | 112.7 | 46.52 | 26.45 | 7.16 | 2.14 | 0 | 0 | 15.57 | -85.33 | 0.5 | -97.04 | 0.33 | -87.96 | 2.12 | -17.87 | 97.53 | 11.94 | 2.88 | -11.38 | 0 | 0 | 0.03 | -25.0 | 50.36 | 0.06 | 3.18 | 27.2 | 3.88 | 0.0 | 0.81 | -73.0 | 7.87 | -16.01 | 0.04 | -55.56 | 0.85 | -72.49 | 0.00 | 0 |
| 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) | 24.64 | 8.59 | 13.71 | 85.94 | 7.55 | 35.47 | 0 | 0 | 0 | 0 | 0 | 0 | 0.73 | -69.58 | -51.33 | 0.38 | -19.15 | -7.32 | 0.85 | -19.05 | -51.43 | 10.98 | -10.99 | -49.11 | 148.02 | 3.96 | 18.91 | 15.62 | 0.9 | 16.74 | 0 | 0 | 0 | 0 | 0 | 0 | 38.0 | 0.0 | 0.0 | 10.71 | 0.0 | 2.88 | 0 | 0 | -100.0 | 45.1 | 1.28 | 7.59 | 55.81 | 1.03 | 3.91 | 1.75 | -34.94 | 733.33 | 46.85 | -0.78 | 11.2 | 0.01 | 4.62 | 10.98 |
| 24Q2 (19) | 22.69 | 34.82 | 8.56 | 79.91 | 19.46 | 37.14 | 0 | 0 | 0 | 0 | 0 | 0 | 2.4 | 50.0 | 990.91 | 0.47 | -18.97 | -9.62 | 1.05 | 17.98 | 17.98 | 12.34 | -12.24 | 59.84 | 142.38 | 4.03 | 17.84 | 15.48 | -1.15 | 9.32 | 0 | 0 | 0 | 0 | 0 | 0 | 38.0 | 0.0 | 0.0 | 10.71 | 2.88 | 2.88 | 0 | -100.0 | -100.0 | 44.53 | 4.75 | 7.25 | 55.24 | 1.73 | 3.62 | 2.69 | 35.18 | 111.81 | 47.22 | 6.11 | 10.35 | 0.01 | 8.62 | 6.78 |
| 24Q1 (18) | 16.83 | -20.5 | -23.78 | 66.89 | 1.27 | 13.28 | 0 | 0 | 0 | 0 | 0 | 0 | 1.6 | -46.84 | -39.16 | 0.58 | -52.85 | -34.83 | 0.89 | -47.65 | 0.0 | 14.06 | -39.13 | 213.74 | 136.87 | 7.21 | 16.65 | 15.66 | 5.38 | 16.69 | 0 | 0 | 0 | 0 | 0 | 0 | 38.0 | 0.0 | 0.0 | 10.41 | 0.0 | 4.1 | 1.38 | 0.0 | 1280.0 | 42.51 | -2.05 | -0.61 | 54.3 | -1.61 | 2.7 | 1.99 | 30.07 | 2742.86 | 44.5 | -0.96 | 3.87 | 0.01 | -0.52 | -2.39 |
| 23Q4 (17) | 21.17 | -2.31 | -4.73 | 66.05 | 4.11 | 15.55 | 0 | 0 | 0 | 0 | 0 | 0 | 3.01 | 100.67 | -19.95 | 1.23 | 200.0 | 275.71 | 1.7 | -2.86 | 68.32 | 23.10 | 7.04 | 804.47 | 127.67 | 2.56 | 9.49 | 14.86 | 11.06 | 19.84 | 0 | 0 | 0 | 0 | 0 | 0 | 38.0 | 0.0 | 0.0 | 10.41 | 0.0 | 4.1 | 1.38 | 0.0 | 1280.0 | 43.4 | 3.53 | 3.09 | 55.19 | 2.76 | 5.73 | 1.53 | 628.57 | 210.87 | 44.93 | 6.65 | 10.34 | 0.01 | -1.83 | -3.99 |
| 23Q3 (16) | 21.67 | 3.68 | -7.35 | 63.44 | 8.87 | 17.79 | 0 | 0 | 0 | 0 | 0 | 0 | 1.5 | 581.82 | -69.51 | 0.41 | -21.15 | -64.96 | 1.75 | 96.63 | 44.63 | 21.58 | 179.55 | 627.42 | 124.48 | 3.03 | 12.94 | 13.38 | -5.51 | 13.01 | 0 | 0 | 0 | 0 | 0 | 0 | 38.0 | 0.0 | 0.0 | 10.41 | 0.0 | 4.1 | 1.38 | 0.0 | 1280.0 | 41.92 | 0.96 | -1.99 | 53.71 | 0.75 | 1.59 | 0.21 | -83.46 | 111.17 | 42.13 | -1.54 | 3.03 | 0.01 | 0.67 | 8.28 |
| 23Q2 (15) | 20.9 | -5.34 | -22.19 | 58.27 | -1.32 | 25.26 | 0 | 0 | 0 | 0 | 0 | 0 | 0.22 | -91.63 | -97.43 | 0.52 | -41.57 | -74.88 | 0.89 | 0.0 | -27.05 | 7.72 | 72.25 | 157.57 | 120.82 | 2.97 | 23.75 | 14.16 | 5.51 | 23.13 | 0 | 0 | 0 | 0 | 0 | 0 | 38.0 | 0.0 | 0.0 | 10.41 | 4.1 | 4.1 | 1.38 | 1280.0 | 1280.0 | 41.52 | -2.92 | -2.33 | 53.31 | 0.83 | 1.33 | 1.27 | 1714.29 | 161.65 | 42.79 | -0.12 | 5.78 | 0.01 | -0.71 | 7.08 |
| 23Q1 (14) | 22.08 | -0.63 | -6.44 | 59.05 | 3.31 | 51.33 | 0 | 0 | 0 | 0 | 0 | 0 | 2.63 | -30.05 | -88.22 | 0.89 | 227.14 | -61.64 | 0.89 | -11.88 | -86.43 | 4.48 | 75.48 | -62.48 | 117.33 | 0.63 | 26.69 | 13.42 | 8.23 | 7.36 | 0 | 0 | 0 | 0 | 0 | 0 | 38.0 | 0.0 | 0.0 | 10.0 | 0.0 | 1.21 | 0.1 | 0.0 | 0 | 42.77 | 1.59 | 5.34 | 52.87 | 1.28 | 4.73 | 0.07 | 105.07 | 800.0 | 42.84 | 5.21 | 5.54 | 0.01 | -2.16 | 196.04 |
| 22Q4 (13) | 22.22 | -5.0 | -16.53 | 57.16 | 6.13 | 22.37 | 0 | 0 | 0 | 0 | 0 | 0 | 3.76 | -23.58 | -24.8 | -0.7 | -159.83 | -150.72 | 1.01 | -16.53 | -80.76 | 2.55 | -13.91 | -75.07 | 116.6 | 5.79 | 9.4 | 12.4 | 4.73 | 1.14 | 0 | 0 | 0 | 0 | 0 | 0 | 38.0 | 0.0 | 0.0 | 10.0 | 0.0 | 1.21 | 0.1 | 0.0 | 0 | 42.1 | -1.57 | 10.09 | 52.2 | -1.27 | 8.48 | -1.38 | 26.6 | -1280.0 | 40.72 | -0.42 | 6.76 | 0.01 | 10.72 | 194.75 |
| 22Q3 (12) | 23.39 | -12.92 | -23.08 | 53.86 | 15.78 | 22.69 | 0 | 0 | 0 | 0 | 0 | 0 | 4.92 | -42.46 | 1.65 | 1.17 | -43.48 | 550.0 | 1.21 | -0.82 | -5.47 | 2.97 | -1.01 | 87.6 | 110.22 | 12.9 | 5.15 | 11.84 | 2.96 | 10.65 | 0 | 0 | 0 | 0 | 0 | 0 | 38.0 | 0.0 | 0.0 | 10.0 | 0.0 | 1.21 | 0.1 | 0.0 | 0 | 42.77 | 0.61 | 14.36 | 52.87 | 0.49 | 11.82 | -1.88 | 8.74 | -1809.09 | 40.89 | 1.09 | 9.01 | 0.01 | -0.45 | 164.43 |
| 22Q2 (11) | 26.86 | 13.81 | -9.29 | 46.52 | 19.22 | 21.02 | 0 | 0 | 0 | 0 | 0 | 0 | 8.55 | -61.69 | -62.43 | 2.07 | -10.78 | -61.09 | 1.22 | -81.4 | -18.67 | 3.00 | -74.91 | 63.17 | 97.63 | 5.42 | 0.18 | 11.5 | -8.0 | -6.43 | 0 | 0 | 0 | 0 | 0 | 0 | 38.0 | 0.0 | 0.0 | 10.0 | 1.21 | 10.62 | 0.1 | 0 | 0 | 42.51 | 4.7 | 6.86 | 52.61 | 4.22 | 7.76 | -2.06 | -20500.0 | -162.05 | 40.45 | -0.34 | -6.15 | 0.01 | 174.51 | 179.33 |
| 22Q1 (10) | 23.6 | -11.34 | 9.36 | 39.02 | -16.46 | -4.6 | 0 | 0 | 0 | 0 | 0 | 0 | 22.32 | 346.4 | 19.68 | 2.32 | 68.12 | -31.36 | 6.56 | 24.95 | 185.22 | 11.94 | 16.6 | 726.73 | 92.61 | -13.11 | -15.2 | 12.5 | 1.96 | 2.38 | 0 | 0 | 0 | 0 | 0 | 0 | 38.0 | 0.0 | 0.0 | 9.88 | 0.0 | 15.42 | 0 | 0 | 0 | 40.6 | 6.17 | 3.12 | 50.48 | 4.9 | 5.32 | -0.01 | 90.0 | -100.33 | 40.59 | 6.42 | -4.2 | 0.00 | -2.59 | 0.47 |
| 21Q4 (9) | 26.62 | -12.46 | -53.5 | 46.71 | 6.4 | 32.74 | 0 | 0 | 0 | 0 | 0 | 0 | 5.0 | 3.31 | -85.59 | 1.38 | 630.77 | -23.33 | 5.25 | 310.16 | 73.84 | 10.24 | 547.85 | 384.35 | 106.58 | 1.68 | 7.46 | 12.26 | 14.58 | 49.33 | 0 | 0 | 0 | 0 | 0 | 0 | 38.0 | 0.0 | 0.0 | 9.88 | 0.0 | 15.42 | 0 | 0 | 0 | 38.24 | 2.25 | 10.62 | 48.12 | 1.78 | 11.57 | -0.1 | -190.91 | -101.94 | 38.14 | 1.68 | -4.0 | 0.00 | -0.67 | 0.3 |
| 21Q3 (8) | 30.41 | 2.7 | -47.12 | 43.9 | 14.2 | 7.33 | 0 | 0 | 0 | 0 | 0 | 0 | 4.84 | -78.73 | -12.95 | -0.26 | -104.89 | -112.09 | 1.28 | -14.67 | 17.43 | 1.58 | -13.91 | 68.19 | 104.82 | 7.56 | -5.25 | 10.7 | -12.94 | 253.14 | 0 | 0 | 0 | 0 | 0 | 0 | 38.0 | 0.0 | -45.45 | 9.88 | 9.29 | 18.61 | 0 | 0 | 0 | 37.4 | -5.98 | 13.33 | 47.28 | -3.15 | 14.4 | 0.11 | -96.69 | -95.85 | 37.51 | -12.97 | 5.22 | 0.00 | 5.16 | 30.69 |
| 21Q2 (7) | 29.61 | 37.21 | -60.36 | 38.44 | -6.01 | 15.57 | 0 | 0 | 0 | 0 | 0 | 0 | 22.76 | 22.04 | -77.3 | 5.32 | 57.4 | -88.38 | 1.5 | -34.78 | 61.29 | 1.84 | 27.12 | 0 | 97.45 | -10.77 | -3.19 | 12.29 | 0.66 | 170.7 | 0 | 0 | 0 | 0 | 0 | 0 | 38.0 | 0.0 | -45.45 | 9.04 | 5.61 | 139.15 | 0 | 0 | 0 | 39.78 | 1.04 | -12.92 | 48.82 | 1.86 | -1.29 | 3.32 | 10.67 | -20.76 | 43.1 | 1.72 | -13.58 | 0.00 | -1.26 | 34.27 |
| 21Q1 (6) | 21.58 | -62.31 | 65.11 | 40.9 | 16.23 | -29.59 | 0 | 0 | 0 | 0 | 0 | 0 | 18.65 | -46.25 | 728.89 | 3.38 | 87.78 | 1190.32 | 2.3 | -23.84 | 228.57 | 1.44 | -31.69 | 0 | 109.21 | 10.11 | -23.58 | 12.21 | 48.72 | 166.59 | 0 | 0 | 0 | 0 | 0 | 0 | 38.0 | 0.0 | -45.45 | 8.56 | 0.0 | 130.11 | 0 | 0 | 0 | 39.37 | 13.88 | 3837.0 | 47.93 | 11.13 | 915.47 | 3.0 | -41.86 | 265.85 | 42.37 | 6.64 | 2228.02 | 0.00 | -2.75 | 11.88 |
| 20Q4 (5) | 57.25 | -0.45 | 280.4 | 35.19 | -13.96 | -36.89 | 0 | 0 | 0 | 0 | 0 | 0 | 34.7 | 524.1 | 342.04 | 1.8 | -16.28 | 160.87 | 3.02 | 177.06 | 202.0 | 2.11 | 124.97 | 0 | 99.18 | -10.35 | -29.28 | 8.21 | 170.96 | 78.48 | 0 | 0 | 0 | 0 | 0 | 0 | 38.0 | -45.45 | -45.45 | 8.56 | 2.76 | 130.11 | 0 | 0 | 0 | 34.57 | 4.76 | 2559.23 | 43.13 | 4.36 | 759.16 | 5.16 | 94.72 | 437.5 | 39.73 | 11.44 | 1657.96 | 0.00 | 29.43 | 15.65 |
| 20Q3 (4) | 57.51 | -23.0 | 0.0 | 40.9 | 22.97 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 5.56 | -94.46 | 0.0 | 2.15 | -95.3 | 0.0 | 1.09 | 17.2 | 0.0 | 0.94 | 0 | 0.0 | 110.63 | 9.9 | 0.0 | 3.03 | -33.26 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 69.66 | 0.0 | 0.0 | 8.33 | 120.37 | 0.0 | 0 | 0 | 0.0 | 33.0 | -27.76 | 0.0 | 41.33 | -16.44 | 0.0 | 2.65 | -36.75 | 0.0 | 35.65 | -28.51 | 0.0 | 0.00 | 8.04 | 0.0 |
