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) | 19.74 | -48.24 | 30.55 | 91.54 | 2.72 | -28.23 | 0 | 0 | 42.3 | -0.31 | 4.44 | 125.38 | 5.08 | -20.5 | 12.01 | -20.26 | 0 | 0 | 0 | 0 | 12.86 | -32.56 | 0 | 0 | 58.54 | 0.0 | 32.76 | 0.61 | 8.98 | -66.54 | 65.97 | 40.78 | 107.71 | 1.36 | -9.05 | 0 | 56.92 | 50.26 | 0.00 | 0 |
| 2022 (9) | 38.14 | -29.67 | 15.95 | 87.65 | 3.79 | -69.56 | 0 | 0 | 42.43 | -1.26 | 1.97 | -72.02 | 6.39 | 128.21 | 15.06 | 131.12 | 0 | 0 | 0 | 0 | 19.07 | -38.6 | 0 | 0 | 58.54 | 0.0 | 32.56 | 2.2 | 26.84 | 21.12 | 46.86 | -16.47 | 106.27 | -3.5 | -8.98 | 0 | 37.88 | 29.46 | 0.09 | 3.55 |
| 2021 (8) | 54.23 | 16.22 | 8.5 | 1.19 | 12.45 | 48.39 | 0 | 0 | 42.97 | 9.37 | 7.04 | 399.29 | 2.8 | 54.7 | 6.52 | 41.45 | 0 | 0 | 0 | 0 | 31.06 | -7.2 | 0 | 0 | 58.54 | 0.0 | 31.86 | 0.44 | 22.16 | 64.15 | 56.1 | -7.72 | 110.12 | 3.88 | -26.84 | 0 | 29.26 | -24.26 | 0.09 | 22.73 |
| 2020 (7) | 46.66 | 18.25 | 8.4 | 5.0 | 8.39 | -10.65 | 0 | 0 | 39.29 | -8.99 | 1.41 | 60.23 | 1.81 | -60.04 | 4.61 | -56.1 | 0 | 0 | 0 | 0 | 33.47 | -24.05 | 0 | 0 | 58.54 | 0.0 | 31.72 | 0.28 | 13.5 | 46.1 | 60.79 | -8.79 | 106.01 | -1.4 | -22.16 | 0 | 38.63 | -27.32 | 0.07 | 2.64 |
| 2019 (6) | 39.46 | 19.54 | 8.0 | 0.0 | 9.39 | -22.33 | 0 | 0 | 43.17 | 14.42 | 0.88 | 41.94 | 4.53 | 11.58 | 10.49 | -2.48 | 0 | 0 | 0 | 0 | 44.07 | -0.79 | 0 | 0 | 58.54 | 3.01 | 31.63 | 0.19 | 9.24 | -37.57 | 66.65 | 5.59 | 107.52 | -1.8 | -13.5 | 0 | 53.15 | -1.35 | 0.07 | -27.6 |
| 2018 (5) | 33.01 | -10.27 | 8.0 | 5.26 | 12.09 | -10.44 | 0 | 0 | 37.73 | 13.24 | 0.62 | -87.87 | 4.06 | 57.98 | 10.76 | 39.51 | 0 | 0 | 0 | 0 | 44.42 | 6.4 | 0 | 0 | 56.83 | 0.0 | 31.57 | 1.64 | 14.8 | 4833.33 | 63.12 | -21.98 | 109.49 | -2.47 | -9.24 | 0 | 53.88 | -18.49 | 0.10 | 5.77 |
| 2017 (4) | 36.79 | -25.66 | 7.6 | 2.7 | 13.5 | -0.3 | 0 | 0 | 33.32 | -4.53 | 5.11 | -14.83 | 2.57 | -2.65 | 7.71 | 1.96 | 0 | 0 | 0 | 0 | 41.75 | -1.0 | 0 | 0 | 56.83 | 0.0 | 31.06 | 1.97 | 0.3 | 0 | 80.9 | 0.26 | 112.26 | 1.0 | -14.8 | 0 | 66.1 | -17.78 | 0.09 | -0.11 |
| 2016 (3) | 49.49 | -6.69 | 7.4 | 0.0 | 13.54 | -18.43 | 0 | 0 | 34.9 | -20.52 | 6.0 | -36.44 | 2.64 | -36.23 | 7.56 | -19.77 | 0 | 0 | 0 | 0 | 42.17 | -25.64 | 0 | 0 | 56.83 | 0.0 | 30.46 | 3.22 | 0 | 0 | 80.69 | 3.86 | 111.15 | 0.26 | -0.3 | 0 | 80.39 | -0.5 | 0.09 | -24.24 |
| 2015 (2) | 53.04 | -0.04 | 7.4 | 0.0 | 16.6 | -22.14 | 0 | 0 | 43.91 | -1.72 | 9.44 | 10.02 | 4.14 | -15.51 | 9.43 | -14.03 | 0 | 0 | 0 | 0 | 56.71 | -22.04 | 0 | 0 | 56.83 | 0.0 | 29.51 | 3.0 | 3.66 | -73.4 | 77.69 | 20.08 | 110.86 | 3.5 | 3.1 | 0 | 80.79 | 32.36 | 0.12 | -2.45 |
| 2014 (1) | 53.06 | 14.53 | 7.4 | 1.37 | 21.32 | 16.89 | 0 | 0 | 44.68 | 7.92 | 8.58 | -21.93 | 4.9 | -14.63 | 10.97 | -20.9 | 0 | 0 | 0 | 0 | 72.74 | -5.92 | 0 | 0 | 56.83 | 0.0 | 28.65 | 3.99 | 13.76 | -23.85 | 64.7 | 9.36 | 107.11 | 2.21 | -3.66 | 0 | 61.04 | 34.45 | 0.13 | 8.14 |
| 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) | 30.05 | -13.75 | -21.25 | 33.02 | -2.83 | 8.44 | 1.33 | -2.21 | -53.5 | 0 | 0 | 0 | 11.0 | -4.18 | -5.98 | 2.44 | -65.19 | 134.62 | 4.56 | -3.18 | 22.25 | 10.09 | -1.69 | 20.47 | 0 | 0 | 0 | 0 | 0 | 0 | 1.99 | -27.11 | -85.67 | 0 | 0 | 0 | 58.54 | 0.0 | 0.0 | 33.2 | 0.0 | 1.34 | 9.05 | 0.0 | 0.78 | 74.07 | 3.41 | 14.11 | 116.32 | 2.15 | 9.07 | -3.39 | -288.33 | -739.62 | 70.68 | -3.75 | 8.01 | 0.00 | 0 | -100.0 |
| 24Q2 (19) | 34.84 | 37.65 | -24.0 | 33.98 | 10.54 | 43.98 | 1.36 | -89.12 | -80.12 | 0 | 0 | 0 | 11.48 | 0.7 | 24.51 | 7.01 | 98.58 | 587.25 | 4.71 | -16.34 | -1.88 | 10.26 | -20.46 | -7.97 | 0 | 0 | 0 | 0 | 0 | 0 | 2.73 | 1.49 | -81.07 | 0 | 0 | 0 | 58.54 | 0.0 | 0.0 | 33.2 | 1.34 | 1.34 | 9.05 | 0.78 | 0.78 | 71.63 | 10.01 | 12.15 | 113.87 | 6.56 | 7.82 | 1.8 | 269.81 | 128.3 | 73.43 | 14.64 | 27.68 | 0.00 | 0 | -100.0 |
| 24Q1 (18) | 25.31 | 28.22 | -46.46 | 30.74 | 0.62 | 76.16 | 12.5 | 359.56 | 232.45 | 0 | 0 | 0 | 11.4 | 0.71 | 13.21 | 3.53 | 212.39 | 182.4 | 5.63 | 10.83 | 39.01 | 12.90 | 7.45 | 39.46 | 0 | 0 | 0 | 0 | 0 | 0 | 2.69 | -79.08 | -84.76 | 0 | 0 | 0 | 58.54 | 0.0 | 0.0 | 32.76 | 0.0 | 0.61 | 8.98 | 0.0 | -66.54 | 65.11 | -1.3 | 44.08 | 106.86 | -0.79 | 2.17 | -1.06 | 88.29 | 89.93 | 64.05 | 12.53 | 84.8 | 0.00 | 0 | -100.0 |
| 23Q4 (17) | 19.74 | -48.27 | -48.24 | 30.55 | 0.33 | 91.54 | 2.72 | -4.9 | -28.23 | 0 | 0 | 0 | 11.32 | -3.25 | -16.46 | 1.13 | 8.65 | -53.31 | 5.08 | 36.19 | -20.5 | 12.01 | 43.37 | -20.29 | 0 | 0 | 0 | 0 | 0 | 0 | 12.86 | -7.42 | -32.56 | 0 | 0 | 0 | 58.54 | 0.0 | 0.0 | 32.76 | 0.0 | 0.61 | 8.98 | 0.0 | -66.54 | 65.97 | 1.63 | 40.78 | 107.71 | 0.99 | 1.36 | -9.05 | -1807.55 | -0.78 | 56.92 | -13.02 | 50.26 | 0.00 | -100.0 | -100.0 |
| 23Q3 (16) | 38.16 | -16.75 | 8.38 | 30.45 | 29.03 | 112.2 | 2.86 | -58.19 | -27.04 | 0 | 0 | 0 | 11.7 | 26.9 | 14.59 | 1.04 | 1.96 | 206.12 | 3.73 | -22.29 | -10.34 | 8.37 | -24.89 | -12.91 | 0 | 0 | 0 | 0 | 0 | 0 | 13.89 | -3.68 | -31.81 | 0 | 0 | 0 | 58.54 | 0.0 | 0.0 | 32.76 | 0.0 | 0.61 | 8.98 | 0.0 | -66.54 | 64.91 | 1.63 | 46.13 | 106.65 | 0.98 | 2.73 | 0.53 | 108.33 | 118.34 | 65.44 | 13.79 | 57.57 | 0.09 | -0.96 | -0.97 |
| 23Q2 (15) | 45.84 | -3.03 | -0.67 | 23.6 | 35.24 | 177.65 | 6.84 | 81.91 | -11.4 | 0 | 0 | 0 | 9.22 | -8.44 | -7.34 | 1.02 | -18.4 | 82.14 | 4.8 | 18.52 | 62.71 | 11.15 | 20.53 | 66.34 | 0 | 0 | 0 | 0 | 0 | 0 | 14.42 | -18.3 | -28.97 | 0 | 0 | 0 | 58.54 | 0.0 | 0.0 | 32.76 | 0.61 | 0.61 | 8.98 | -66.54 | -66.54 | 63.87 | 41.34 | 40.71 | 105.61 | 0.98 | 0.77 | -6.36 | 39.6 | 57.17 | 57.51 | 65.93 | 88.31 | 0.10 | 2.16 | -0.74 |
| 23Q1 (14) | 47.27 | 23.94 | -15.1 | 17.45 | 9.4 | 105.29 | 3.76 | -0.79 | -78.53 | 0 | 0 | 0 | 10.07 | -25.68 | 15.61 | 1.25 | -48.35 | 4266.67 | 4.05 | -36.62 | 48.35 | 9.25 | -38.59 | 48.35 | 0 | 0 | 0 | 0 | 0 | 0 | 17.65 | -7.45 | -24.89 | 0 | 0 | 0 | 58.54 | 0.0 | 0.0 | 32.56 | 0.0 | 2.2 | 26.84 | 0.0 | 21.12 | 45.19 | -3.56 | -10.02 | 104.59 | -1.58 | 0.34 | -10.53 | -17.26 | 50.49 | 34.66 | -8.5 | 19.72 | 0.09 | -0.66 | -2.17 |
| 22Q4 (13) | 38.14 | 8.32 | -29.67 | 15.95 | 11.15 | 87.65 | 3.79 | -3.32 | -69.56 | 0 | 0 | 0 | 13.55 | 32.71 | -5.84 | 2.42 | 346.94 | -10.37 | 6.39 | 53.61 | 128.21 | 15.06 | 56.65 | 131.12 | 0 | 0 | 0 | 0 | 0 | 0 | 19.07 | -6.38 | -38.6 | 0 | 0 | 0 | 58.54 | 0.0 | 0.0 | 32.56 | 0.0 | 2.2 | 26.84 | 0.0 | 21.12 | 46.86 | 5.49 | -16.47 | 106.27 | 2.36 | -3.5 | -8.98 | -210.73 | 66.54 | 37.88 | -8.79 | 29.46 | 0.09 | -1.48 | 3.55 |
| 22Q3 (12) | 35.21 | -23.71 | -28.98 | 14.35 | 68.82 | 68.82 | 3.92 | -49.22 | -66.84 | 0 | 0 | 0 | 10.21 | 2.61 | -6.84 | -0.98 | -275.0 | -157.65 | 4.16 | 41.02 | 35.95 | 9.62 | 43.46 | 10.43 | 0 | 0 | 0 | 0 | 0 | 0 | 20.37 | 0.34 | -38.99 | 0 | 0 | 0 | 58.54 | 0.0 | 0.0 | 32.56 | 0.0 | 2.2 | 26.84 | 0.0 | 21.12 | 44.42 | -2.14 | -16.82 | 103.82 | -0.94 | -3.35 | -2.89 | 80.54 | 88.82 | 41.53 | 35.99 | 50.74 | 0.10 | -0.73 | 5.71 |
| 22Q2 (11) | 46.15 | -17.12 | 0.68 | 8.5 | 0.0 | -41.9 | 7.72 | -55.91 | -29.04 | 0 | 0 | 0 | 9.95 | 14.24 | 2.37 | 0.56 | 1966.67 | -72.28 | 2.95 | 8.06 | 23.95 | 6.70 | 7.49 | -2.86 | 0 | 0 | 0 | 0 | 0 | 0 | 20.3 | -13.62 | -14.13 | 0 | 0 | 0 | 58.54 | 0.0 | 0.0 | 32.56 | 2.2 | 2.65 | 26.84 | 21.12 | 98.81 | 45.39 | -9.62 | -24.99 | 104.8 | 0.54 | -0.88 | -14.85 | 30.18 | 42.42 | 30.54 | 5.49 | -12.04 | 0.10 | 0.69 | -20.88 |
| 22Q1 (10) | 55.68 | 2.67 | 15.98 | 8.5 | 0.0 | 0.0 | 17.51 | 40.64 | 93.91 | 0 | 0 | 0 | 8.71 | -39.47 | 10.39 | -0.03 | -101.11 | -104.84 | 2.73 | -2.5 | 34.48 | 6.24 | -4.33 | 8.37 | 0 | 0 | 0 | 0 | 0 | 0 | 23.5 | -24.34 | -20.66 | 0 | 0 | 0 | 58.54 | 0.0 | 0.0 | 31.86 | 0.0 | 0.44 | 22.16 | 0.0 | 64.15 | 50.22 | -10.48 | -14.14 | 104.24 | -5.34 | 0.52 | -21.27 | 20.75 | 2.48 | 28.95 | -1.06 | -21.07 | 0.10 | 5.16 | 26.85 |
| 21Q4 (9) | 54.23 | 9.38 | 16.22 | 8.5 | 0.0 | 1.19 | 12.45 | 5.33 | 48.39 | 0 | 0 | 0 | 14.39 | 31.3 | 119.03 | 2.7 | 58.82 | 229.81 | 2.8 | -8.5 | 54.7 | 6.52 | -25.15 | 41.52 | 0 | 0 | 0 | 0 | 0 | 0 | 31.06 | -6.98 | -7.2 | 0 | 0 | 0 | 58.54 | 0.0 | 0.0 | 31.86 | 0.0 | 0.44 | 22.16 | 0.0 | 64.15 | 56.1 | 5.06 | -7.72 | 110.12 | 2.51 | 3.88 | -26.84 | -3.83 | -21.12 | 29.26 | 6.21 | -24.26 | 0.09 | 0.57 | 22.73 |
| 21Q3 (8) | 49.58 | 8.16 | 12.71 | 8.5 | -41.9 | 1.19 | 11.82 | 8.64 | 38.08 | 0 | 0 | 0 | 10.96 | 12.76 | 6.3 | 1.7 | -15.84 | 26.87 | 3.06 | 28.57 | 0.0 | 8.71 | 26.19 | 37.11 | 0 | 0 | 0 | 0 | 0 | 0 | 33.39 | 41.24 | -6.31 | 0 | 0 | 0 | 58.54 | 0.0 | 0.0 | 31.86 | 0.44 | 0.44 | 22.16 | 64.15 | 64.15 | 53.4 | -11.75 | -15.06 | 107.42 | 1.6 | -0.62 | -25.85 | -0.23 | -38.61 | 27.55 | -20.65 | -37.7 | 0.09 | -25.7 | 26.2 |
| 21Q2 (7) | 45.84 | -4.52 | 5.52 | 14.63 | 72.12 | 82.88 | 10.88 | 20.49 | 25.2 | 0 | 0 | 0 | 9.72 | 23.19 | -7.52 | 2.02 | 225.81 | 16.76 | 2.38 | 17.24 | -52.68 | 6.90 | 19.93 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 23.64 | -20.19 | -39.69 | 0 | 0 | 0 | 58.54 | 0.0 | 0.0 | 31.72 | 0.0 | 0.0 | 13.5 | 0.0 | 0.0 | 60.51 | 3.45 | -1.66 | 105.73 | 1.96 | -0.96 | -25.79 | -18.25 | -65.75 | 34.72 | -5.34 | -24.47 | 0.12 | 61.43 | 69.51 |
| 21Q1 (6) | 48.01 | 2.89 | 19.4 | 8.5 | 1.19 | 6.25 | 9.03 | 7.63 | 2.03 | 0 | 0 | 0 | 7.89 | 20.09 | -33.75 | 0.62 | 129.81 | 47.62 | 2.03 | 12.15 | -62.2 | 5.75 | 24.93 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29.62 | -11.5 | -28.59 | 0 | 0 | 0 | 58.54 | 0.0 | 0.0 | 31.72 | 0.0 | 0.28 | 13.5 | 0.0 | 46.1 | 58.49 | -3.78 | -8.82 | 103.7 | -2.18 | -1.26 | -21.81 | 1.58 | -80.85 | 36.68 | -5.05 | -29.58 | 0.08 | 1.74 | 2.2 |
| 20Q4 (5) | 46.66 | 6.07 | 18.25 | 8.4 | 0.0 | 5.0 | 8.39 | -1.99 | -10.65 | 0 | 0 | 0 | 6.57 | -36.28 | -57.48 | -2.08 | -255.22 | -159.6 | 1.81 | -40.85 | -60.04 | 4.61 | -27.48 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33.47 | -6.09 | -24.05 | 0 | 0 | 0 | 58.54 | 0.0 | 0.0 | 31.72 | 0.0 | 0.28 | 13.5 | 0.0 | 46.1 | 60.79 | -3.31 | -8.79 | 106.01 | -1.92 | -1.4 | -22.16 | -18.82 | -64.15 | 38.63 | -12.64 | -27.32 | 0.07 | 3.42 | 2.64 |
| 20Q3 (4) | 43.99 | 1.27 | 0.0 | 8.4 | 5.0 | 0.0 | 8.56 | -1.5 | 0.0 | 0 | 0 | 0.0 | 10.31 | -1.9 | 0.0 | 1.34 | -22.54 | 0.0 | 3.06 | -39.17 | 0.0 | 6.35 | 0 | 0.0 | 0 | -100.0 | 0.0 | 0 | 0 | 0.0 | 35.64 | -9.08 | 0.0 | 0 | 0 | 0.0 | 58.54 | 0.0 | 0.0 | 31.72 | 0.0 | 0.0 | 13.5 | 0.0 | 0.0 | 62.87 | 2.18 | 0.0 | 108.09 | 1.26 | 0.0 | -18.65 | -19.86 | 0.0 | 44.22 | -3.81 | 0.0 | 0.07 | -0.2 | 0.0 |
