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) | 4.09 | -28.62 | 11.16 | -45.19 | 1.09 | -24.31 | 0 | 0 | 112.75 | 33.46 | 5.1 | 110.74 | 23.7 | 63.9 | 21.02 | 22.81 | 0.06 | 0.0 | 1.99 | -0.5 | 4.06 | -2.64 | 0.02 | -33.33 | 23.75 | 0.0 | 0.41 | 70.83 | 0 | 0 | 5.81 | 247.9 | 6.22 | 223.96 | 0 | 0 | 5.81 | 247.9 | 0.09 | 10.93 |
| 2022 (9) | 5.73 | 73.64 | 20.36 | 30.51 | 1.44 | 1.41 | 0 | 0 | 84.48 | 5.56 | 2.42 | -34.59 | 14.46 | -6.71 | 17.12 | -11.62 | 0.06 | 0.0 | 2.0 | -35.69 | 4.17 | -13.12 | 0.03 | -25.0 | 23.75 | 0.0 | 0.24 | 0.0 | 0 | 0 | 1.67 | 0 | 1.92 | 0 | 0 | 0 | 1.67 | 0 | 0.08 | 2.38 |
| 2021 (8) | 3.3 | 101.22 | 15.6 | -16.89 | 1.42 | 202.13 | 0 | 0 | 80.03 | 24.93 | 3.7 | 927.78 | 15.5 | 51.66 | 19.37 | 21.4 | 0.06 | 0.0 | 3.11 | 0 | 4.8 | -8.57 | 0.04 | 100.0 | 23.75 | -1.86 | 0.24 | 0.0 | 0 | 0 | -0.73 | 0 | -0.49 | 0 | 0 | 0 | -0.73 | 0 | 0.08 | 1.45 |
| 2020 (7) | 1.64 | 78.26 | 18.77 | 95.11 | 0.47 | 30.56 | 0 | 0 | 64.06 | 13.97 | 0.36 | 56.52 | 10.22 | -7.09 | 15.95 | -18.48 | 0.06 | 20.0 | 0 | 0 | 5.25 | 9.38 | 0.02 | 100.0 | 24.2 | 0.0 | 0.24 | 0.0 | 0 | 0 | -4.32 | 0 | -4.08 | 0 | 0 | 0 | -4.32 | 0 | 0.08 | 8.25 |
| 2019 (6) | 0.92 | -41.4 | 9.62 | -17.5 | 0.36 | 56.52 | 0 | 0 | 56.21 | 26.12 | 0.23 | 0 | 11.0 | -28.85 | 19.57 | -43.58 | 0.05 | 150.0 | 0 | 0 | 4.8 | 9500.0 | 0.01 | -66.67 | 24.2 | 0.0 | 0.24 | 0.0 | 0 | 0 | -4.62 | 0 | -4.38 | 0 | 0 | 0 | -4.62 | 0 | 0.07 | -2.73 |
| 2018 (5) | 1.57 | -47.32 | 11.66 | 251.2 | 0.23 | -36.11 | 0 | 0 | 44.57 | 11.15 | -5.13 | 0 | 15.46 | 149.35 | 34.69 | 124.35 | 0.02 | -33.33 | 0 | 0 | 0.05 | -82.14 | 0.03 | 50.0 | 24.2 | 0.0 | 0.24 | 4.35 | 0 | 0 | -4.82 | 0 | -4.58 | 0 | 0 | 0 | -4.82 | 0 | 0.07 | 18.21 |
| 2017 (4) | 2.98 | -38.17 | 3.32 | 2.79 | 0.36 | -14.29 | 0 | 0 | 40.1 | -13.65 | 0.1 | -91.15 | 6.2 | -41.06 | 15.46 | -31.75 | 0.03 | 0.0 | 0 | 0 | 0.28 | -56.25 | 0.02 | -33.33 | 24.2 | 0.0 | 0.23 | 91.67 | 0 | 0 | 0.55 | -58.02 | 0.79 | -44.76 | 0 | 0 | 0.55 | -58.02 | 0.06 | -0.95 |
| 2016 (3) | 4.82 | 52.05 | 3.23 | -26.76 | 0.42 | 5.0 | 0 | 0 | 46.44 | -15.09 | 1.13 | -4.24 | 10.52 | -0.38 | 22.65 | 17.32 | 0.03 | 0.0 | 0 | 0 | 0.64 | 36.17 | 0.03 | 0.0 | 24.2 | 0.0 | 0.12 | 0 | 0 | 0 | 1.31 | 18.02 | 1.43 | 28.83 | 0 | 0 | 1.31 | 18.02 | 0.06 | -5.28 |
| 2015 (2) | 3.17 | -8.12 | 4.41 | 23.18 | 0.4 | -52.38 | 0 | 0 | 54.69 | -0.11 | 1.18 | -59.45 | 10.56 | -8.01 | 19.31 | -7.91 | 0.03 | -57.14 | 0 | 0 | 0.47 | -45.98 | 0.03 | 0.0 | 24.2 | 0.0 | 0 | 0 | 0 | 0 | 1.11 | 0 | 1.11 | 0 | 0 | 0 | 1.11 | 0 | 0.07 | 5.83 |
| 2014 (1) | 3.45 | 25.91 | 3.58 | -45.43 | 0.84 | -7.69 | 0 | 0 | 54.75 | 52.17 | 2.91 | 10.23 | 11.48 | 41.21 | 20.97 | -7.2 | 0.07 | 0.0 | 0 | 0 | 0.87 | -36.5 | 0.03 | 200.0 | 24.2 | 35.2 | 0 | 0 | 0 | 0 | -0.16 | 0 | -0.16 | 0 | 0 | 0 | -0.16 | 0 | 0.06 | -20.98 |
| 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) | 6.13 | -57.43 | 146.18 | 5.39 | -41.79 | -63.11 | 1.63 | -5.78 | 45.54 | 0 | 0 | 0 | 29.35 | -25.73 | -4.05 | 3.18 | -65.09 | 92.73 | 20.29 | 39.64 | -21.96 | 16.04 | 41.01 | -36.86 | 0.08 | 33.33 | 0.0 | 1.98 | -0.5 | -0.5 | 10.06 | 36.13 | 172.63 | 0.02 | 0.0 | 0.0 | 42.0 | 27.0 | 76.84 | 1.91 | 109.89 | 365.85 | 0 | 0 | 0 | 3.33 | -69.92 | -5.67 | 5.24 | -56.26 | 32.99 | 0 | 0 | 0 | 3.33 | -69.92 | -5.67 | 0.05 | -1.86 | -45.08 |
| 24Q2 (19) | 14.4 | 366.02 | 609.36 | 9.26 | -12.81 | -53.56 | 1.73 | -4.42 | 40.65 | 0 | 0 | 0 | 39.52 | 68.96 | 46.59 | 9.11 | 890.22 | 923.6 | 14.53 | -22.67 | -26.65 | 11.37 | -30.27 | -46.86 | 0.06 | 0.0 | -14.29 | 1.99 | 0.0 | -0.5 | 7.39 | 75.53 | 91.95 | 0.02 | 0.0 | 0.0 | 33.07 | 39.24 | 39.24 | 0.91 | 121.95 | 121.95 | 0 | 0 | 0 | 11.07 | 64.49 | 488.83 | 11.98 | 67.79 | 423.14 | 0 | 0 | 0 | 11.07 | 64.49 | 488.83 | 0.05 | -46.4 | -41.83 |
| 24Q1 (18) | 3.09 | -24.45 | -14.4 | 10.62 | -4.84 | -46.69 | 1.81 | 66.06 | 36.09 | 0 | 0 | 0 | 23.39 | -31.69 | 11.54 | 0.92 | -61.18 | 360.0 | 18.79 | -20.72 | 46.68 | 16.31 | -22.38 | 10.12 | 0.06 | 0.0 | 0.0 | 1.99 | 0.0 | -0.5 | 4.21 | 3.69 | 4.99 | 0.02 | 0.0 | -33.33 | 23.75 | 0.0 | 0.0 | 0.41 | 0.0 | 70.83 | 0 | 0 | 0 | 6.73 | 15.83 | 257.98 | 7.14 | 14.79 | 236.79 | 0 | 0 | 0 | 6.73 | 15.83 | 257.98 | 0.09 | 2.41 | 12.62 |
| 23Q4 (17) | 4.09 | 64.26 | -28.62 | 11.16 | -23.61 | -45.19 | 1.09 | -2.68 | -24.31 | 0 | 0 | 0 | 34.24 | 11.93 | 43.68 | 2.37 | 43.64 | 415.22 | 23.7 | -8.85 | 63.9 | 21.02 | -17.26 | 22.81 | 0.06 | -25.0 | 0.0 | 1.99 | 0.0 | -0.5 | 4.06 | 10.03 | -2.64 | 0.02 | 0.0 | -33.33 | 23.75 | 0.0 | 0.0 | 0.41 | 0.0 | 70.83 | 0 | 0 | 0 | 5.81 | 64.59 | 247.9 | 6.22 | 57.87 | 223.96 | 0 | 0 | 0 | 5.81 | 64.59 | 247.9 | 0.09 | 1.96 | 10.93 |
| 23Q3 (16) | 2.49 | 22.66 | 80.43 | 14.61 | -26.73 | -40.78 | 1.12 | -8.94 | -22.22 | 0 | 0 | 0 | 30.59 | 13.46 | 47.14 | 1.65 | 85.39 | 4225.0 | 26.0 | 31.25 | 145.51 | 25.40 | 18.68 | 101.11 | 0.08 | 14.29 | 33.33 | 1.99 | -0.5 | -1.0 | 3.69 | -4.16 | -14.78 | 0.02 | 0.0 | -33.33 | 23.75 | 0.0 | 0.0 | 0.41 | 0.0 | 70.83 | 0 | 0 | 0 | 3.53 | 87.77 | 184.68 | 3.94 | 72.05 | 166.22 | 0 | 0 | 0 | 3.53 | 87.77 | 184.68 | 0.09 | 3.94 | 14.1 |
| 23Q2 (15) | 2.03 | -43.77 | 76.52 | 19.94 | 0.1 | -4.82 | 1.23 | -7.52 | -14.58 | 0 | 0 | 0 | 26.96 | 28.56 | 29.12 | 0.89 | 345.0 | -52.15 | 19.81 | 54.64 | 67.88 | 21.40 | 44.49 | 53.9 | 0.07 | 16.67 | 16.67 | 2.0 | 0.0 | -0.5 | 3.85 | -3.99 | -14.25 | 0.02 | -33.33 | -33.33 | 23.75 | 0.0 | 0.0 | 0.41 | 70.83 | 70.83 | 0 | 0 | 0 | 1.88 | 0.0 | 48.03 | 2.29 | 8.02 | 50.66 | 0 | 0 | 0 | 1.88 | 0.0 | 48.03 | 0.08 | 3.76 | 13.42 |
| 23Q1 (14) | 3.61 | -37.0 | 173.48 | 19.92 | -2.16 | 29.27 | 1.33 | -7.64 | -6.99 | 0 | 0 | 0 | 20.97 | -12.0 | 10.43 | 0.2 | -56.52 | 42.86 | 12.81 | -11.41 | 60.53 | 14.81 | -13.44 | 55.64 | 0.06 | 0.0 | 0.0 | 2.0 | 0.0 | -35.48 | 4.01 | -3.84 | -13.76 | 0.03 | 0.0 | 0.0 | 23.75 | 0.0 | 0.0 | 0.24 | 0.0 | 0.0 | 0 | 0 | 0 | 1.88 | 12.57 | 424.14 | 2.12 | 10.42 | 723.53 | 0 | 0 | 0 | 1.88 | 12.57 | 424.14 | 0.08 | 0.88 | 1.96 |
| 22Q4 (13) | 5.73 | 315.22 | 73.64 | 20.36 | -17.47 | 30.51 | 1.44 | 0.0 | 1.41 | 0 | 0 | 0 | 23.83 | 14.62 | 2.8 | 0.46 | 1250.0 | -85.93 | 14.46 | 36.54 | -6.71 | 17.11 | 35.49 | -11.65 | 0.06 | 0.0 | 0.0 | 2.0 | -0.5 | -35.69 | 4.17 | -3.7 | -13.12 | 0.03 | 0.0 | -25.0 | 23.75 | 0.0 | 0.0 | 0.24 | 0.0 | 0.0 | 0 | 0 | 0 | 1.67 | 34.68 | 328.77 | 1.92 | 29.73 | 491.84 | 0 | 0 | 0 | 1.67 | 34.68 | 328.77 | 0.08 | 4.88 | 2.38 |
| 22Q3 (12) | 1.38 | 20.0 | 39.39 | 24.67 | 17.76 | 24.41 | 1.44 | 0.0 | 148.28 | 0 | 0 | 0 | 20.79 | -0.43 | -4.59 | -0.04 | -102.15 | -116.0 | 10.59 | -10.25 | -9.49 | 12.63 | -9.18 | -18.28 | 0.06 | 0.0 | -25.0 | 2.01 | 0.0 | 0 | 4.33 | -3.56 | -12.88 | 0.03 | 0.0 | 0.0 | 23.75 | 0.0 | 0.0 | 0.24 | 0.0 | 0.0 | 0 | 0 | 0 | 1.24 | -2.36 | 131.79 | 1.48 | -2.63 | 140.55 | 0 | 0 | 0 | 1.24 | -2.36 | 131.79 | 0.08 | 3.32 | -9.91 |
| 22Q2 (11) | 1.15 | -12.88 | 29.21 | 20.95 | 35.95 | 0.67 | 1.44 | 0.7 | 166.67 | 0 | 0 | 0 | 20.88 | 9.95 | 5.03 | 1.86 | 1228.57 | 1228.57 | 11.8 | 47.87 | -6.5 | 13.91 | 46.13 | -21.62 | 0.06 | 0.0 | 20.0 | 2.01 | -35.16 | 0 | 4.49 | -3.44 | -12.48 | 0.03 | 0.0 | 50.0 | 23.75 | 0.0 | -1.86 | 0.24 | 0.0 | 0.0 | 0 | 0 | 0 | 1.27 | 318.97 | 130.6 | 1.52 | 547.06 | 138.87 | 0 | 0 | 0 | 1.27 | 318.97 | 130.6 | 0.07 | -6.72 | -8.44 |
| 22Q1 (10) | 1.32 | -60.0 | 180.85 | 15.41 | -1.22 | -22.41 | 1.43 | 0.7 | 186.0 | 0 | 0 | 0 | 18.99 | -18.08 | 25.18 | 0.14 | -95.72 | 366.67 | 7.98 | -48.52 | 2.57 | 9.52 | -50.86 | -18.23 | 0.06 | 0.0 | -14.29 | 3.1 | -0.32 | 0 | 4.65 | -3.12 | -9.53 | 0.03 | -25.0 | 50.0 | 23.75 | 0.0 | -1.86 | 0.24 | 0.0 | 0.0 | 0 | 0 | 0 | -0.58 | 20.55 | 86.48 | -0.34 | 30.61 | 91.6 | 0 | 0 | 0 | -0.58 | 20.55 | 86.48 | 0.08 | 1.29 | -0.39 |
| 21Q4 (9) | 3.3 | 233.33 | 101.22 | 15.6 | -21.33 | -16.89 | 1.42 | 144.83 | 202.13 | 0 | 0 | 0 | 23.18 | 6.38 | 22.91 | 3.27 | 1208.0 | 1943.75 | 15.5 | 32.48 | 51.66 | 19.37 | 25.33 | 21.41 | 0.06 | -25.0 | 0.0 | 3.11 | 0 | 0 | 4.8 | -3.42 | -8.57 | 0.04 | 33.33 | 100.0 | 23.75 | 0.0 | -1.86 | 0.24 | 0.0 | 0.0 | 0 | 0 | 0 | -0.73 | 81.28 | 83.1 | -0.49 | 86.58 | 87.99 | 0 | 0 | 0 | -0.73 | 81.28 | 83.1 | 0.08 | -7.72 | 1.45 |
| 21Q3 (8) | 0.99 | 11.24 | 13.79 | 19.83 | -4.71 | 15.49 | 0.58 | 7.41 | 20.83 | 0 | 0 | 0 | 21.79 | 9.61 | 26.61 | 0.25 | 78.57 | 92.31 | 11.7 | -7.29 | 19.14 | 15.46 | -12.9 | -1.71 | 0.08 | 60.0 | 0.0 | 0 | 0 | 0 | 4.97 | -3.12 | -7.45 | 0.03 | 50.0 | 50.0 | 23.75 | -1.86 | -1.86 | 0.24 | 0.0 | 0.0 | 0 | 0 | 0 | -3.9 | 6.02 | 11.76 | -3.65 | 6.65 | 12.68 | 0 | 0 | 0 | -3.9 | 6.02 | 11.76 | 0.08 | 5.01 | 12.54 |
| 21Q2 (7) | 0.89 | 89.36 | -34.07 | 20.81 | 4.78 | 71.98 | 0.54 | 8.0 | 12.5 | 0 | 0 | 0 | 19.88 | 31.05 | 27.44 | 0.14 | 366.67 | 600.0 | 12.62 | 62.21 | 82.37 | 17.74 | 52.45 | 0 | 0.05 | -28.57 | 0.0 | 0 | 0 | 0 | 5.13 | -0.19 | -5.7 | 0.02 | 0.0 | -33.33 | 24.2 | 0.0 | 0.0 | 0.24 | 0.0 | 0.0 | 0 | 0 | 0 | -4.15 | 3.26 | 8.79 | -3.91 | 3.46 | 9.28 | 0 | 0 | 0 | -4.15 | 3.26 | 8.79 | 0.08 | 1.47 | 12.32 |
| 21Q1 (6) | 0.47 | -71.34 | -20.34 | 19.86 | 5.81 | 97.42 | 0.5 | 6.38 | 19.05 | 0 | 0 | 0 | 15.17 | -19.57 | 22.44 | 0.03 | -81.25 | -40.0 | 7.78 | -23.87 | 7.61 | 11.64 | -27.04 | 0 | 0.07 | 16.67 | 16.67 | 0 | 0 | 0 | 5.14 | -2.1 | -0.58 | 0.02 | 0.0 | 0.0 | 24.2 | 0.0 | 0.0 | 0.24 | 0.0 | 0.0 | 0 | 0 | 0 | -4.29 | 0.69 | 6.13 | -4.05 | 0.74 | 6.47 | 0 | 0 | 0 | -4.29 | 0.69 | 6.13 | 0.08 | 3.17 | 11.21 |
| 20Q4 (5) | 1.64 | 88.51 | 78.26 | 18.77 | 9.32 | 95.11 | 0.47 | -2.08 | 30.56 | 0 | 0 | 0 | 18.86 | 9.59 | 9.33 | 0.16 | 23.08 | -30.43 | 10.22 | 4.07 | -7.09 | 15.95 | 1.46 | 0 | 0.06 | -25.0 | 20.0 | 0 | 0 | 0 | 5.25 | -2.23 | 9.38 | 0.02 | 0.0 | 100.0 | 24.2 | 0.0 | 0.0 | 0.24 | 0.0 | 0.0 | 0 | 0 | 0 | -4.32 | 2.26 | 6.49 | -4.08 | 2.39 | 6.85 | 0 | 0 | 0 | -4.32 | 2.26 | 6.49 | 0.08 | 2.37 | 8.25 |
| 20Q3 (4) | 0.87 | -35.56 | 0.0 | 17.17 | 41.9 | 0.0 | 0.48 | 0.0 | 0.0 | 0 | 0 | 0.0 | 17.21 | 10.32 | 0.0 | 0.13 | 550.0 | 0.0 | 9.82 | 41.91 | 0.0 | 15.72 | 0 | 0.0 | 0.08 | 60.0 | 0.0 | 0 | 0 | 0.0 | 5.37 | -1.29 | 0.0 | 0.02 | -33.33 | 0.0 | 24.2 | 0.0 | 0.0 | 0.24 | 0.0 | 0.0 | 0 | 0 | 0.0 | -4.42 | 2.86 | 0.0 | -4.18 | 3.02 | 0.0 | 0 | 0 | 0.0 | -4.42 | 2.86 | 0.0 | 0.08 | 4.8 | 0.0 |
