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) | 9.12 | -61.68 | 7.5 | -76.84 | 0.75 | -90.0 | 0 | 0 | 225.03 | -8.46 | 19.02 | -7.71 | 41.77 | 77.59 | 18.56 | 94.01 | 7.54 | 4.72 | 0 | 0 | 42.25 | 134.72 | 2.06 | -0.96 | 18.5 | 0.0 | 7.42 | 38.69 | 0 | 0 | 19.32 | -6.98 | 26.74 | 2.33 | 11.67 | -9.6 | 30.99 | -7.99 | 0.20 | 4.18 |
| 2022 (9) | 23.8 | 42.77 | 32.39 | 709.75 | 7.5 | 0 | 0 | 0 | 245.83 | 15.21 | 20.61 | 11.89 | 23.52 | -9.92 | 9.57 | -21.81 | 7.2 | 25.44 | 0 | 0 | 18.0 | -28.0 | 2.08 | 10.05 | 18.5 | 0.0 | 5.35 | 52.86 | 0 | 0 | 20.77 | 11.73 | 26.13 | 18.29 | 12.91 | -29.99 | 33.68 | -9.05 | 0.19 | 2.21 |
| 2021 (8) | 16.67 | 88.57 | 4.0 | 37.93 | 0 | 0 | 0 | 0 | 213.37 | 47.48 | 18.42 | 82.38 | 26.11 | 108.88 | 12.24 | 41.64 | 5.74 | 35.06 | 0 | 0 | 25.0 | 51.52 | 1.89 | -25.0 | 18.5 | 37.04 | 3.5 | -51.52 | 0 | 0 | 18.59 | 84.06 | 22.09 | 27.54 | 18.44 | 351.96 | 37.03 | 161.14 | 0.19 | -26.76 |
| 2020 (7) | 8.84 | -32.83 | 2.9 | 42.86 | 0 | 0 | 0 | 0 | 144.68 | 24.33 | 10.1 | 48.53 | 12.5 | -14.91 | 8.64 | -31.56 | 4.25 | -3.63 | 0 | 0 | 16.5 | 0.0 | 2.52 | 4.13 | 13.5 | 0.0 | 7.22 | 10.23 | 0 | 0 | 10.1 | 48.09 | 17.32 | 29.54 | 4.08 | -1.21 | 14.18 | 29.5 | 0.26 | -5.24 |
| 2019 (6) | 13.16 | 67.43 | 2.03 | 103.0 | 0 | 0 | 0 | 0 | 116.37 | 34.59 | 6.8 | 2.87 | 14.69 | 15.49 | 12.62 | -14.2 | 4.41 | -7.74 | 0 | 0 | 16.5 | 27.91 | 2.42 | 11.52 | 13.5 | 0.0 | 6.55 | 11.21 | 0 | 0 | 6.82 | -5.41 | 13.37 | 2.06 | 4.13 | -32.18 | 10.95 | -17.67 | 0.27 | 2.48 |
| 2018 (5) | 7.86 | 99.49 | 1.0 | -41.18 | 0 | 0 | 0 | 0 | 86.46 | 14.44 | 6.61 | 92.15 | 12.72 | -12.15 | 14.71 | -23.24 | 4.78 | -6.46 | 0 | 0 | 12.9 | 12.17 | 2.17 | 3.33 | 13.5 | 0.0 | 5.89 | 6.32 | 0 | 0 | 7.21 | 101.4 | 13.1 | 43.48 | 6.09 | -9.78 | 13.3 | 28.75 | 0.26 | -6.31 |
| 2017 (4) | 3.94 | -64.02 | 1.7 | -15.0 | 0 | 0 | 0 | 0 | 75.55 | -14.72 | 3.44 | -43.33 | 14.48 | -17.07 | 19.17 | -2.75 | 5.11 | 10.37 | 0.38 | 8.57 | 11.5 | 2.68 | 2.1 | -6.67 | 13.5 | 0.0 | 5.54 | 12.15 | 0 | 0 | 3.58 | -41.88 | 9.13 | -17.67 | 6.75 | -14.66 | 10.33 | -26.58 | 0.28 | 4.95 |
| 2016 (3) | 10.95 | -6.41 | 2.0 | 100.0 | 0 | 0 | 0 | 0 | 88.59 | -9.24 | 6.07 | -12.54 | 17.46 | -47.01 | 19.71 | -41.62 | 4.63 | 48.87 | 0.35 | -16.67 | 11.2 | -13.85 | 2.25 | -10.71 | 13.5 | 0.0 | 4.94 | 16.51 | 0 | 0 | 6.16 | -11.87 | 11.09 | -1.25 | 7.91 | -25.66 | 14.07 | -20.19 | 0.27 | 6.37 |
| 2015 (2) | 11.7 | -7.51 | 1.0 | -80.0 | 0 | 0 | 0 | 0 | 97.61 | -31.29 | 6.94 | -38.64 | 32.95 | -1.82 | 33.76 | 42.89 | 3.11 | -6.04 | 0.42 | -8.7 | 13.0 | -14.3 | 2.52 | 73.79 | 13.5 | 0.0 | 4.24 | 36.33 | 0 | 0 | 6.99 | -38.31 | 11.23 | -22.23 | 10.64 | -12.72 | 17.63 | -25.04 | 0.25 | 35.31 |
| 2014 (1) | 12.65 | -33.6 | 5.0 | -75.61 | 0.36 | -63.64 | 0 | 0 | 142.06 | -5.39 | 11.31 | 1.43 | 33.56 | 0.72 | 23.62 | 6.46 | 3.31 | -7.8 | 0.46 | 0 | 15.17 | 110.99 | 1.45 | 0.69 | 13.5 | 0.0 | 3.11 | 49.52 | 0 | 0 | 11.33 | 9.47 | 14.44 | 16.17 | 12.19 | -20.95 | 23.52 | -8.73 | 0.19 | 368.35 |
| 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) | 20.35 | 16.42 | 112.64 | 6.5 | -7.14 | -13.33 | 4.0 | 0 | 0 | 0 | 0 | 0 | 68.81 | 1.49 | 18.56 | 7.17 | 13.63 | 18.32 | 27.18 | -5.79 | -9.46 | 10.74 | -9.8 | -17.02 | 7.58 | -8.01 | 0.13 | 0 | 0 | 0 | 20.0 | -25.93 | -52.38 | 2.02 | 0.0 | -0.49 | 25.89 | 0.0 | 39.95 | 9.33 | 0.0 | 25.74 | 0 | 0 | 0 | 17.46 | 69.68 | 42.76 | 26.79 | 36.54 | 36.27 | 20.23 | 40.58 | 139.98 | 37.69 | 52.71 | 82.43 | 0.19 | -7.92 | -12.71 |
| 24Q2 (19) | 17.48 | 44.22 | 17.71 | 7.0 | -53.33 | -61.11 | 0 | 0 | -100.0 | 0 | 0 | 0 | 67.8 | 26.56 | 21.05 | 6.31 | 59.34 | 73.35 | 28.85 | -20.26 | 1.44 | 11.91 | -24.14 | -0.89 | 8.24 | 11.96 | 12.57 | 0 | 0 | 0 | 27.0 | 0.0 | 0.0 | 2.02 | -0.98 | -1.46 | 25.89 | 39.95 | 39.95 | 9.33 | 25.74 | 25.74 | 0 | 0 | 0 | 10.29 | -55.8 | 66.77 | 19.62 | -36.09 | 44.37 | 14.39 | 64.46 | 50.21 | 24.68 | -22.95 | 56.7 | 0.21 | 5.17 | -10.15 |
| 24Q1 (18) | 12.12 | 32.89 | -5.75 | 15.0 | 100.0 | -35.62 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 53.57 | -14.74 | 11.26 | 3.96 | -43.43 | 69.96 | 36.18 | -13.38 | 20.12 | 15.70 | -15.42 | 26.5 | 7.36 | -2.39 | -1.47 | 0 | 0 | 0 | 27.0 | -36.09 | 3.85 | 2.04 | -0.97 | -0.97 | 18.5 | 0.0 | 0.0 | 7.42 | 0.0 | 38.69 | 0 | 0 | 0 | 23.28 | 20.5 | 0.78 | 30.7 | 14.81 | 7.91 | 8.75 | -25.02 | 16.36 | 32.03 | 3.36 | 4.6 | 0.20 | -0.1 | 2.14 |
| 23Q4 (17) | 9.12 | -4.7 | -61.68 | 7.5 | 0.0 | -76.84 | 0.75 | 0 | -90.0 | 0 | 0 | 0 | 62.83 | 8.25 | -9.84 | 7.0 | 15.51 | 26.81 | 41.77 | 39.14 | 77.59 | 18.56 | 43.38 | 94.02 | 7.54 | -0.4 | 4.72 | 0 | 0 | 0 | 42.25 | 0.6 | 134.72 | 2.06 | 1.48 | -0.96 | 18.5 | 0.0 | 0.0 | 7.42 | 0.0 | 38.69 | 0 | 0 | 0 | 19.32 | 57.97 | -6.98 | 26.74 | 36.01 | 2.33 | 11.67 | 38.43 | -9.6 | 30.99 | 50.0 | -7.99 | 0.20 | -9.76 | 4.18 |
| 23Q3 (16) | 9.57 | -35.56 | 28.98 | 7.5 | -58.33 | -63.05 | 0 | -100.0 | 0 | 0 | 0 | 0 | 58.04 | 3.62 | -7.61 | 6.06 | 66.48 | -17.44 | 30.02 | 5.56 | 9.16 | 12.95 | 7.73 | 11.6 | 7.57 | 3.42 | -2.57 | 0 | 0 | 0 | 42.0 | 55.56 | 51.08 | 2.03 | -0.98 | 7.41 | 18.5 | 0.0 | 0.0 | 7.42 | 0.0 | 38.69 | 0 | 0 | 0 | 12.23 | 98.22 | -19.38 | 19.66 | 44.67 | -4.24 | 8.43 | -12.0 | 86.5 | 20.66 | 31.17 | 4.93 | 0.22 | -5.23 | 1.41 |
| 23Q2 (15) | 14.85 | 15.47 | 114.91 | 18.0 | -22.75 | 114.29 | 1.5 | 0.0 | 0 | 0 | 0 | 0 | 56.01 | 16.32 | -9.72 | 3.64 | 56.22 | -24.01 | 28.44 | -5.58 | -14.67 | 12.02 | -3.17 | -18.81 | 7.32 | -2.01 | -3.05 | 0 | 0 | 0 | 27.0 | 3.85 | 4.65 | 2.05 | -0.49 | 8.47 | 18.5 | 0.0 | 0.0 | 7.42 | 38.69 | 38.69 | 0 | 0 | 0 | 6.17 | -73.29 | -21.3 | 13.59 | -52.23 | 3.03 | 9.58 | 27.39 | -29.19 | 15.75 | -48.56 | -26.3 | 0.23 | 19.56 | 9.41 |
| 23Q1 (14) | 12.86 | -45.97 | -33.92 | 23.3 | -28.06 | 275.81 | 1.5 | -80.0 | 0 | 0 | 0 | 0 | 48.15 | -30.91 | -6.12 | 2.33 | -57.79 | -21.02 | 30.12 | 28.06 | 50.52 | 12.41 | 29.72 | 35.44 | 7.47 | 3.75 | 10.34 | 0 | 0 | 0 | 26.0 | 44.44 | 1.96 | 2.06 | -0.96 | 8.99 | 18.5 | 0.0 | 0.0 | 5.35 | 0.0 | 52.86 | 0 | 0 | 0 | 23.1 | 11.22 | 7.24 | 28.45 | 8.88 | 13.62 | 7.52 | -41.75 | -68.82 | 30.62 | -9.09 | -32.94 | 0.19 | 1.89 | 14.6 |
| 22Q4 (13) | 23.8 | 220.75 | 42.77 | 32.39 | 59.56 | 709.75 | 7.5 | 0 | 0 | 0 | 0 | 0 | 69.69 | 10.94 | 14.41 | 5.52 | -24.8 | -2.82 | 23.52 | -14.47 | -9.92 | 9.57 | -17.53 | -21.82 | 7.2 | -7.34 | 25.44 | 0 | 0 | 0 | 18.0 | -35.25 | -28.0 | 2.08 | 10.05 | 10.05 | 18.5 | 0.0 | 0.0 | 5.35 | 0.0 | 52.86 | 0 | 0 | 0 | 20.77 | 36.91 | 11.73 | 26.13 | 27.28 | 18.29 | 12.91 | 185.62 | -29.99 | 33.68 | 71.05 | -9.05 | 0.19 | -12.16 | 2.21 |
| 22Q3 (12) | 7.42 | 7.38 | -48.51 | 20.3 | 141.67 | 269.09 | 0 | 0 | 0 | 0 | 0 | 0 | 62.82 | 1.26 | 23.32 | 7.34 | 53.24 | 56.5 | 27.5 | -17.49 | 5.0 | 11.60 | -21.63 | -9.95 | 7.77 | 2.91 | 47.16 | 0 | 0 | 0 | 27.8 | 7.75 | 50.27 | 1.89 | 0.0 | 0.53 | 18.5 | 0.0 | 0.0 | 5.35 | 0.0 | 52.86 | 0 | 0 | 0 | 15.17 | 93.49 | 18.52 | 20.53 | 55.65 | 25.95 | 4.52 | -66.59 | -74.99 | 19.69 | -7.86 | -36.22 | 0.22 | 2.24 | 6.91 |
| 22Q2 (11) | 6.91 | -64.49 | -53.15 | 8.4 | 35.48 | 342.11 | 0 | 0 | 0 | 0 | 0 | 0 | 62.04 | 20.96 | 12.31 | 4.79 | 62.37 | 10.11 | 33.33 | 66.57 | 71.36 | 14.80 | 61.54 | 44.2 | 7.55 | 11.52 | 70.81 | 0 | 0 | 0 | 25.8 | 1.18 | 47.43 | 1.89 | 0.0 | 1.61 | 18.5 | 0.0 | 0.0 | 5.35 | 52.86 | 52.86 | 0 | 0 | 0 | 7.84 | -63.6 | -3.21 | 13.19 | -47.32 | 13.71 | 13.53 | -43.91 | 58.8 | 21.37 | -53.2 | 28.58 | 0.21 | 25.23 | -6.52 |
| 22Q1 (10) | 19.46 | 16.74 | 12.75 | 6.2 | 55.0 | 113.79 | 0 | 0 | 0 | 0 | 0 | 0 | 51.29 | -15.79 | 10.85 | 2.95 | -48.06 | -20.27 | 20.01 | -23.36 | 48.0 | 9.16 | -25.12 | 10.95 | 6.77 | 17.94 | 65.93 | 0 | 0 | 0 | 25.5 | 2.0 | 54.55 | 1.89 | 0.0 | -25.59 | 18.5 | 0.0 | 37.04 | 3.5 | 0.0 | -51.52 | 0 | 0 | 0 | 21.54 | 15.87 | 56.09 | 25.04 | 13.35 | 19.12 | 24.12 | 30.8 | 266.01 | 45.66 | 23.31 | 123.93 | 0.17 | -9.12 | -27.0 |
| 21Q4 (9) | 16.67 | 15.68 | 88.57 | 4.0 | -27.27 | 37.93 | 0 | 0 | 0 | 0 | 0 | 0 | 60.91 | 19.57 | 19.78 | 5.68 | 21.11 | 12.92 | 26.11 | -0.31 | 108.88 | 12.24 | -5.01 | 41.64 | 5.74 | 8.71 | 35.06 | 0 | 0 | 0 | 25.0 | 35.14 | 51.52 | 1.89 | 0.53 | -25.0 | 18.5 | 0.0 | 37.04 | 3.5 | 0.0 | -51.52 | 0 | 0 | 0 | 18.59 | 45.23 | 84.06 | 22.09 | 35.52 | 27.54 | 18.44 | 2.05 | 351.96 | 37.03 | 19.95 | 161.14 | 0.19 | -8.12 | -26.76 |
| 21Q3 (8) | 14.41 | -2.31 | 18.8 | 5.5 | 189.47 | -17.91 | 0 | 0 | 0 | 0 | 0 | 0 | 50.94 | -7.78 | 37.19 | 4.69 | 7.82 | 47.02 | 26.19 | 34.65 | 118.8 | 12.88 | 25.51 | 43.49 | 5.28 | 19.46 | 7.54 | 0 | 0 | 0 | 18.5 | 5.71 | 2.21 | 1.88 | 1.08 | -21.99 | 18.5 | 0.0 | 37.04 | 3.5 | 0.0 | -51.52 | 0 | 0 | 0 | 12.8 | 58.02 | 149.03 | 16.3 | 40.52 | 31.88 | 18.07 | 112.09 | 564.34 | 30.87 | 85.74 | 292.75 | 0.20 | -10.6 | -27.55 |
| 21Q2 (7) | 14.75 | -14.54 | 60.33 | 1.9 | -34.48 | -26.92 | 0 | 0 | 0 | 0 | 0 | 0 | 55.24 | 19.39 | 87.51 | 4.35 | 17.57 | 318.27 | 19.45 | 43.86 | 59.82 | 10.26 | 24.29 | 0 | 4.42 | 8.33 | -2.0 | 0 | 0 | 0 | 17.5 | 6.06 | -3.31 | 1.86 | -26.77 | -23.14 | 18.5 | 37.04 | 37.04 | 3.5 | -51.52 | -51.52 | 0 | 0 | 0 | 8.1 | -41.3 | 313.27 | 11.6 | -44.81 | 26.36 | 8.52 | 29.29 | 129.65 | 16.62 | -18.49 | 193.12 | 0.23 | -2.21 | -20.86 |
| 21Q1 (6) | 17.26 | 95.25 | 78.86 | 2.9 | 0.0 | 480.0 | 0 | 0 | 0 | 0 | 0 | 0 | 46.27 | -9.01 | 69.86 | 3.7 | -26.44 | 335.29 | 13.52 | 8.16 | 97.08 | 8.26 | -4.41 | 0 | 4.08 | -4.0 | -13.01 | 0 | 0 | 0 | 16.5 | 0.0 | -4.07 | 2.54 | 0.79 | 5.83 | 13.5 | 0.0 | 0.0 | 7.22 | 0.0 | 10.23 | 0 | 0 | 0 | 13.8 | 36.63 | 79.92 | 21.02 | 21.36 | 47.92 | 6.59 | 61.52 | 129.62 | 20.39 | 43.79 | 93.45 | 0.23 | -8.82 | -12.92 |
| 20Q4 (5) | 8.84 | -27.12 | -32.83 | 2.9 | -56.72 | 42.86 | 0 | 0 | 0 | 0 | 0 | 0 | 50.85 | 36.95 | 28.73 | 5.03 | 57.68 | 100.4 | 12.5 | 4.43 | -14.91 | 8.64 | -3.76 | 0 | 4.25 | -13.44 | -3.63 | 0 | 0 | 0 | 16.5 | -8.84 | 0.0 | 2.52 | 4.56 | 4.13 | 13.5 | 0.0 | 0.0 | 7.22 | 0.0 | 10.23 | 0 | 0 | 0 | 10.1 | 96.5 | 48.09 | 17.32 | 40.13 | 29.54 | 4.08 | 50.0 | -1.21 | 14.18 | 80.41 | 29.5 | 0.26 | -9.1 | -5.24 |
| 20Q3 (4) | 12.13 | 31.85 | 0.0 | 6.7 | 157.69 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 37.13 | 26.04 | 0.0 | 3.19 | 206.73 | 0.0 | 11.97 | -1.64 | 0.0 | 8.98 | 0 | 0.0 | 4.91 | 8.87 | 0.0 | 0 | 0 | 0.0 | 18.1 | 0.0 | 0.0 | 2.41 | -0.41 | 0.0 | 13.5 | 0.0 | 0.0 | 7.22 | 0.0 | 0.0 | 0 | 0 | 0.0 | 5.14 | 162.24 | 0.0 | 12.36 | 34.64 | 0.0 | 2.72 | -26.68 | 0.0 | 7.86 | 38.62 | 0.0 | 0.28 | -2.36 | 0.0 |
