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) | 17.17 | 5.34 | 2.4 | -46.67 | 1.0 | 0 | 0 | 0 | 120.33 | -5.48 | 16.96 | 36.77 | 19.28 | -3.79 | 16.02 | 1.78 | 0.59 | -4.84 | 1.07 | 3.88 | 40.0 | -10.43 | 3.32 | -2.92 | 46.7 | 0.0 | 15.33 | 9.66 | 2.74 | -8.67 | 58.87 | 15.23 | 76.94 | 13.03 | 0.42 | -31.15 | 59.29 | 14.68 | 0.05 | -4.11 |
| 2022 (9) | 16.3 | 8.16 | 4.5 | 67.29 | 0 | 0 | 0 | 0 | 127.3 | -2.35 | 12.4 | -11.11 | 20.04 | -6.83 | 15.74 | -4.59 | 0.62 | 10.71 | 1.03 | 1.98 | 44.66 | 5.01 | 3.42 | -5.0 | 46.7 | 0.0 | 13.98 | 10.86 | 3.0 | -13.04 | 51.09 | 10.56 | 68.07 | 9.31 | 0.61 | 15.09 | 51.7 | 10.61 | 0.05 | 1.84 |
| 2021 (8) | 15.07 | -0.07 | 2.69 | 511.36 | 0.57 | -65.66 | 0 | 0 | 130.36 | 5.61 | 13.95 | -6.81 | 21.51 | 11.97 | 16.50 | 6.03 | 0.56 | -6.67 | 1.01 | 6.32 | 42.53 | 17.84 | 3.6 | -3.74 | 46.7 | 0.0 | 12.61 | 13.71 | 3.45 | 15.0 | 46.21 | 9.19 | 62.27 | 10.39 | 0.53 | 0 | 46.74 | 11.66 | 0.05 | -1.58 |
| 2020 (7) | 15.08 | 12.2 | 0.44 | -88.83 | 1.66 | 730.0 | 0 | 0 | 123.44 | 4.12 | 14.97 | 10.72 | 19.21 | 0.05 | 15.56 | -3.9 | 0.6 | 3.45 | 0.95 | -2.06 | 36.09 | -9.09 | 3.74 | -3.11 | 46.7 | 0.0 | 11.09 | 13.86 | 3.0 | -7.12 | 42.32 | 20.57 | 56.41 | 17.35 | -0.46 | 0 | 41.86 | 19.12 | 0.05 | -3.46 |
| 2019 (6) | 13.44 | 32.94 | 3.94 | -58.87 | 0.2 | 300.0 | 0 | 0 | 118.56 | 14.18 | 13.52 | 11.09 | 19.2 | 7.38 | 16.19 | -5.95 | 0.58 | 11.54 | 0.97 | 24.36 | 39.7 | 48.69 | 3.86 | 282.18 | 46.7 | 0.0 | 9.74 | 14.19 | 3.23 | 1.89 | 35.1 | 14.74 | 48.07 | 13.67 | 0.04 | 0 | 35.14 | 15.74 | 0.05 | 2258.88 |
| 2018 (5) | 10.11 | -4.8 | 9.58 | -32.06 | 0.05 | -16.67 | 0 | 0 | 103.84 | 7.31 | 12.17 | 2.7 | 17.88 | 5.92 | 17.22 | -1.29 | 0.52 | 15.56 | 0.78 | 2.63 | 26.7 | 91.4 | 1.01 | -2.88 | 46.7 | 0.0 | 8.53 | 16.21 | 3.17 | 0.0 | 30.59 | 17.16 | 42.29 | 15.48 | -0.23 | 0 | 30.36 | 15.61 | 0.00 | 10.63 |
| 2017 (4) | 10.62 | 54.36 | 14.1 | 64.14 | 0.06 | 0.0 | 0 | 0 | 96.77 | 2.94 | 11.85 | -8.21 | 16.88 | 3.75 | 17.44 | 0.79 | 0.45 | -4.26 | 0.76 | 5.56 | 13.95 | 12.5 | 1.04 | 22.35 | 46.7 | -3.43 | 7.34 | 21.32 | 3.17 | -7.31 | 26.11 | 9.38 | 36.62 | 9.87 | 0.15 | -11.76 | 26.26 | 9.23 | 0.00 | 129.45 |
| 2016 (3) | 6.88 | -17.6 | 8.59 | 87.96 | 0.06 | 0.0 | 0 | 0 | 94.01 | 3.91 | 12.91 | -2.71 | 16.27 | 14.02 | 17.31 | 9.72 | 0.47 | 20.51 | 0.72 | -36.28 | 12.4 | 529.44 | 0.85 | 0.0 | 48.36 | 0.0 | 6.05 | 28.18 | 3.42 | -1.16 | 23.87 | 13.29 | 33.33 | 13.91 | 0.17 | -26.09 | 24.04 | 12.86 | 0.00 | 82.39 |
| 2015 (2) | 8.35 | 8.87 | 4.57 | 224.11 | 0.06 | -71.43 | 0 | 0 | 90.47 | 6.06 | 13.27 | 34.04 | 14.27 | 5.39 | 15.77 | -0.63 | 0.39 | 5.41 | 1.13 | -1.74 | 1.97 | -61.75 | 0.85 | 0.0 | 48.36 | 0.0 | 4.72 | 26.54 | 3.46 | 0.0 | 21.07 | 17.51 | 29.26 | 16.43 | 0.23 | -8.0 | 21.3 | 17.16 | 0.00 | -61.59 |
| 2014 (1) | 7.67 | -20.6 | 1.41 | -5.37 | 0.21 | 40.0 | 0 | 0 | 85.3 | 13.0 | 9.9 | 12.12 | 13.54 | 9.02 | 15.87 | -3.52 | 0.37 | -2.63 | 1.15 | 16.16 | 5.15 | -4.63 | 0.85 | 347.37 | 48.36 | 0.0 | 3.73 | 30.88 | 3.46 | -1.98 | 17.93 | 14.35 | 25.13 | 13.86 | 0.25 | 38.89 | 18.18 | 14.63 | 0.00 | -89.88 |
| 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) | 13.31 | -24.59 | -9.64 | 5.4 | 125.0 | 14.89 | 0.52 | 57.58 | -65.33 | 0 | 0 | 0 | 32.39 | 4.92 | 4.92 | 2.66 | 3.91 | -6.01 | 19.1 | -3.44 | 0.05 | 15.34 | -4.62 | -3.0 | 0.85 | 2.41 | 25.0 | 0.97 | -11.01 | -7.62 | 42.48 | 5.75 | 3.61 | 3.23 | -0.62 | -3.58 | 46.7 | 0.0 | 0.0 | 17.01 | 0.0 | 10.96 | 2.74 | 0.0 | 0.0 | 52.98 | 5.29 | -5.65 | 72.73 | 3.81 | -1.99 | 0.7 | 1.45 | 94.44 | 53.68 | 5.23 | -5.01 | 0.05 | 3.57 | 3.1 |
| 24Q2 (19) | 17.65 | -2.49 | -12.67 | 2.4 | -45.45 | -4.0 | 0.33 | -70.8 | 0 | 0 | 0 | 0 | 30.87 | 2.9 | 5.76 | 2.56 | -5.54 | -69.6 | 19.78 | 8.32 | 15.67 | 16.08 | 6.84 | 14.45 | 0.83 | 38.33 | 10.67 | 1.09 | 0.93 | 0.93 | 40.17 | 2.03 | -4.43 | 3.25 | -1.22 | -2.99 | 46.7 | 0.0 | 0.0 | 17.01 | 10.96 | 10.96 | 2.74 | 0.0 | 0.0 | 50.32 | -18.29 | -5.63 | 70.06 | -12.03 | -1.85 | 0.69 | 15.0 | 97.14 | 51.01 | -17.96 | -4.96 | 0.05 | -5.28 | 2.45 |
| 24Q1 (18) | 18.1 | 5.42 | -7.93 | 4.4 | 83.33 | 100.0 | 1.13 | 13.0 | 0 | 0 | 0 | 0 | 30.0 | -3.97 | 3.34 | 2.71 | -12.58 | 4.23 | 18.26 | -5.29 | 4.82 | 15.05 | -6.05 | 7.74 | 0.6 | 1.69 | 15.38 | 1.08 | 0.93 | 1.89 | 39.37 | -1.57 | -20.85 | 3.29 | -0.9 | -2.66 | 46.7 | 0.0 | 0.0 | 15.33 | 0.0 | 9.66 | 2.74 | 0.0 | -8.67 | 61.58 | 4.6 | 14.7 | 79.64 | 3.51 | 12.69 | 0.6 | 42.86 | -23.08 | 62.18 | 4.87 | 14.15 | 0.05 | 2.62 | -4.43 |
| 23Q4 (17) | 17.17 | 16.56 | 5.34 | 2.4 | -48.94 | -46.67 | 1.0 | -33.33 | 0 | 0 | 0 | 0 | 31.24 | 1.2 | -1.17 | 3.1 | 9.54 | -2.82 | 19.28 | 1.0 | -3.79 | 16.02 | 1.31 | 1.78 | 0.59 | -13.24 | -4.84 | 1.07 | 1.9 | 3.88 | 40.0 | -2.44 | -10.43 | 3.32 | -0.9 | -2.92 | 46.7 | 0.0 | 0.0 | 15.33 | 0.0 | 9.66 | 2.74 | 0.0 | -8.67 | 58.87 | 4.84 | 15.23 | 76.94 | 3.68 | 13.03 | 0.42 | 16.67 | -31.15 | 59.29 | 4.92 | 14.68 | 0.05 | 2.43 | -4.11 |
| 23Q3 (16) | 14.73 | -27.12 | 3.3 | 4.7 | 88.0 | -37.33 | 1.5 | 0 | 0 | 0 | 0 | 0 | 30.87 | 5.76 | -3.08 | 2.83 | -66.39 | -7.21 | 19.09 | 11.64 | 6.29 | 15.82 | 12.54 | 14.39 | 0.68 | -9.33 | 0.0 | 1.05 | -2.78 | 2.94 | 41.0 | -2.45 | -4.38 | 3.35 | 0.0 | -2.62 | 46.7 | 0.0 | 0.0 | 15.33 | 0.0 | 9.66 | 2.74 | 0.0 | -8.67 | 56.15 | 5.31 | 19.95 | 74.21 | 3.96 | 16.35 | 0.36 | 2.86 | -40.98 | 56.51 | 5.29 | 19.17 | 0.05 | 2.91 | -4.89 |
| 23Q2 (15) | 20.21 | 2.8 | 31.58 | 2.5 | 13.64 | -41.86 | 0 | 0 | 0 | 0 | 0 | 0 | 29.19 | 0.55 | -9.32 | 8.42 | 223.85 | 156.71 | 17.1 | -1.84 | -9.76 | 14.05 | 0.58 | -2.58 | 0.75 | 44.23 | 0.0 | 1.08 | 1.89 | 3.85 | 42.03 | -15.5 | 9.45 | 3.35 | -0.89 | -3.18 | 46.7 | 0.0 | 0.0 | 15.33 | 9.66 | 9.66 | 2.74 | -8.67 | -8.67 | 53.32 | -0.69 | 21.85 | 71.38 | 1.0 | 17.54 | 0.35 | -55.13 | -47.76 | 53.67 | -1.47 | 20.8 | 0.05 | -11.64 | -4.89 |
| 23Q1 (14) | 19.66 | 20.61 | 23.11 | 2.2 | -51.11 | -23.34 | 0 | 0 | -100.0 | 0 | 0 | 0 | 29.03 | -8.16 | -8.28 | 2.6 | -18.5 | -9.72 | 17.42 | -13.07 | -2.63 | 13.97 | -11.25 | 2.57 | 0.52 | -16.13 | 8.33 | 1.06 | 2.91 | 4.95 | 49.74 | 11.37 | 15.7 | 3.38 | -1.17 | -3.15 | 46.7 | 0.0 | 0.0 | 13.98 | 0.0 | 10.86 | 3.0 | 0.0 | -13.04 | 53.69 | 5.09 | 9.35 | 70.67 | 3.82 | 8.46 | 0.78 | 27.87 | 47.17 | 54.47 | 5.36 | 9.75 | 0.05 | 2.96 | 2.78 |
| 22Q4 (13) | 16.3 | 14.31 | 8.16 | 4.5 | -40.0 | 67.29 | 0 | 0 | -100.0 | 0 | 0 | 0 | 31.61 | -0.75 | -7.6 | 3.19 | 4.59 | -24.41 | 20.04 | 11.58 | -6.83 | 15.74 | 13.86 | -4.59 | 0.62 | -8.82 | 10.71 | 1.03 | 0.98 | 1.98 | 44.66 | 4.15 | 5.01 | 3.42 | -0.58 | -5.0 | 46.7 | 0.0 | 0.0 | 13.98 | 0.0 | 10.86 | 3.0 | 0.0 | -13.04 | 51.09 | 9.14 | 10.56 | 68.07 | 6.73 | 9.31 | 0.61 | 0.0 | 15.09 | 51.7 | 9.03 | 10.61 | 0.05 | 1.59 | 1.84 |
| 22Q3 (12) | 14.26 | -7.16 | -8.77 | 7.5 | 74.42 | -39.47 | 0 | 0 | -100.0 | 0 | 0 | 0 | 31.85 | -1.06 | -4.38 | 3.05 | -7.01 | -12.36 | 17.96 | -5.22 | -6.65 | 13.83 | -4.16 | -7.73 | 0.68 | -9.33 | 15.25 | 1.02 | -1.92 | 4.08 | 42.88 | 11.67 | 27.66 | 3.44 | -0.58 | -5.23 | 46.7 | 0.0 | 0.0 | 13.98 | 0.0 | 10.86 | 3.0 | 0.0 | -13.04 | 46.81 | 6.97 | 10.82 | 63.78 | 5.02 | 9.4 | 0.61 | -8.96 | 238.64 | 47.42 | 6.73 | 13.44 | 0.05 | 2.91 | 0.38 |
| 22Q2 (11) | 15.36 | -3.82 | 7.49 | 4.3 | 49.83 | -7.33 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 32.19 | 1.71 | 0.09 | 3.28 | 13.89 | 2.5 | 18.95 | 5.93 | -2.67 | 14.43 | 5.9 | -5.46 | 0.75 | 56.25 | 1.35 | 1.04 | 2.97 | 7.22 | 38.4 | -10.68 | 13.74 | 3.46 | -0.86 | -5.46 | 46.7 | 0.0 | 0.0 | 13.98 | 10.86 | 10.86 | 3.0 | -13.04 | -13.04 | 43.76 | -10.88 | 12.9 | 60.73 | -6.8 | 10.78 | 0.67 | 26.42 | 0 | 44.43 | -10.48 | 14.63 | 0.05 | -4.51 | -10.34 |
| 22Q1 (10) | 15.97 | 5.97 | 4.11 | 2.87 | 6.69 | -40.7 | 0.36 | -36.84 | -78.31 | 0 | 0 | 0 | 31.65 | -7.48 | 3.13 | 2.88 | -31.75 | -5.57 | 17.89 | -16.83 | -2.56 | 13.62 | -17.44 | -7.63 | 0.48 | -14.29 | -31.43 | 1.01 | 0.0 | 5.21 | 42.99 | 1.08 | 34.64 | 3.49 | -3.06 | -5.68 | 46.7 | 0.0 | 0.0 | 12.61 | 0.0 | 13.71 | 3.45 | 0.0 | 15.0 | 49.1 | 6.25 | 8.2 | 65.16 | 4.64 | 9.57 | 0.53 | 0.0 | 215.22 | 49.63 | 6.18 | 10.49 | 0.05 | 2.02 | 0.48 |
| 21Q4 (9) | 15.07 | -3.58 | -0.07 | 2.69 | -78.29 | 511.36 | 0.57 | -65.87 | -65.66 | 0 | 0 | 0 | 34.21 | 2.7 | 6.11 | 4.22 | 21.26 | 1.69 | 21.51 | 11.8 | 11.97 | 16.50 | 10.11 | 6.03 | 0.56 | -5.08 | -6.67 | 1.01 | 3.06 | 6.32 | 42.53 | 26.62 | 17.84 | 3.6 | -0.83 | -3.74 | 46.7 | 0.0 | 0.0 | 12.61 | 0.0 | 13.71 | 3.45 | 0.0 | 15.0 | 46.21 | 9.4 | 9.19 | 62.27 | 6.81 | 10.39 | 0.53 | 220.45 | 215.22 | 46.74 | 11.82 | 11.66 | 0.05 | 0.14 | -1.58 |
| 21Q3 (8) | 15.63 | 9.38 | 10.38 | 12.39 | 167.03 | 358.89 | 1.67 | 0.0 | 317.5 | 0 | 0 | 0 | 33.31 | 3.58 | 2.49 | 3.48 | 8.75 | -22.67 | 19.24 | -1.18 | 1.48 | 14.98 | -1.8 | -2.8 | 0.59 | -20.27 | 5.36 | 0.98 | 1.03 | 5.38 | 33.59 | -0.5 | -13.2 | 3.63 | -0.82 | -3.71 | 46.7 | 0.0 | 0.0 | 12.61 | 0.0 | 13.71 | 3.45 | 0.0 | 15.0 | 42.24 | 8.98 | 10.32 | 58.3 | 6.35 | 11.3 | -0.44 | 0 | -214.29 | 41.8 | 7.84 | 9.57 | 0.05 | -8.08 | -2.08 |
| 21Q2 (7) | 14.29 | -6.84 | 3.48 | 4.64 | -4.13 | 2.2 | 1.67 | 0.6 | 0 | 0 | 0 | 0 | 32.16 | 4.79 | 10.63 | 3.2 | 4.92 | -4.48 | 19.47 | 6.05 | 11.51 | 15.26 | 3.48 | 0 | 0.74 | 5.71 | 23.33 | 0.97 | 1.04 | 5.43 | 33.76 | 5.73 | -5.43 | 3.66 | -1.08 | -3.43 | 46.7 | 0.0 | 0.0 | 12.61 | 13.71 | 13.71 | 3.45 | 15.0 | 15.0 | 38.76 | -14.59 | 15.43 | 54.82 | -7.82 | 15.0 | 0 | 100.0 | -100.0 | 38.76 | -13.71 | 15.29 | 0.05 | 7.01 | 5.25 |
| 21Q1 (6) | 15.34 | 1.72 | 1.52 | 4.84 | 1000.0 | 25.39 | 1.66 | 0.0 | 1560.0 | 0 | 0 | 0 | 30.69 | -4.81 | 3.54 | 3.05 | -26.51 | 2.35 | 18.36 | -4.42 | -0.54 | 14.75 | -5.23 | 0 | 0.7 | 16.67 | 7.69 | 0.96 | 1.05 | 5.49 | 31.93 | -11.53 | -19.57 | 3.7 | -1.07 | -3.39 | 46.7 | 0.0 | 0.0 | 11.09 | 0.0 | 13.86 | 3.0 | 0.0 | -7.12 | 45.38 | 7.23 | 19.17 | 59.47 | 5.42 | 16.49 | -0.46 | 0.0 | -1250.0 | 44.92 | 7.31 | 17.84 | 0.05 | -0.08 | -3.58 |
| 20Q4 (5) | 15.08 | 6.5 | 12.2 | 0.44 | -83.7 | -88.83 | 1.66 | 315.0 | 730.0 | 0 | 0 | 0 | 32.24 | -0.8 | 1.45 | 4.15 | -7.78 | 18.57 | 19.21 | 1.32 | 0.05 | 15.56 | 0.94 | 0 | 0.6 | 7.14 | 3.45 | 0.95 | 2.15 | -2.06 | 36.09 | -6.74 | -9.09 | 3.74 | -0.8 | -3.11 | 46.7 | 0.0 | 0.0 | 11.09 | 0.0 | 13.86 | 3.0 | 0.0 | -7.12 | 42.32 | 10.52 | 20.57 | 56.41 | 7.69 | 17.35 | -0.46 | -228.57 | -1250.0 | 41.86 | 9.72 | 19.12 | 0.05 | -0.37 | -3.46 |
| 20Q3 (4) | 14.16 | 2.53 | 0.0 | 2.7 | -40.53 | 0.0 | 0.4 | 0 | 0.0 | 0 | 0 | 0.0 | 32.5 | 11.8 | 0.0 | 4.5 | 34.33 | 0.0 | 18.96 | 8.59 | 0.0 | 15.42 | 0 | 0.0 | 0.56 | -6.67 | 0.0 | 0.93 | 1.09 | 0.0 | 38.7 | 8.4 | 0.0 | 3.77 | -0.53 | 0.0 | 46.7 | 0.0 | 0.0 | 11.09 | 0.0 | 0.0 | 3.0 | 0.0 | 0.0 | 38.29 | 14.03 | 0.0 | 52.38 | 9.88 | 0.0 | -0.14 | -450.0 | 0.0 | 38.15 | 13.47 | 0.0 | 0.05 | -1.21 | 0.0 |
