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) | 33.67 | 1.63 | 5.0 | -66.67 | 29.99 | 0 | 0 | 0 | 391.0 | 29.29 | 22.26 | 36.82 | 76.68 | -10.26 | 19.61 | -30.59 | 155.16 | 15.93 | 10.7 | -25.75 | 34.47 | -58.19 | 7.7 | -11.7 | 94.19 | 0.0 | 13.74 | 14.31 | 19.47 | -5.26 | 43.66 | 36.57 | 76.87 | 19.1 | -0.18 | 0 | 43.48 | 37.94 | 0.00 | 0 |
| 2022 (9) | 33.13 | 0.0 | 15.0 | 25.0 | 0 | 0 | 0 | 0 | 302.42 | 27.42 | 16.27 | 191.58 | 85.45 | -0.09 | 28.26 | -21.59 | 133.84 | 11.94 | 14.41 | 26.96 | 82.45 | 8.15 | 8.72 | -3.86 | 94.19 | 0.0 | 12.02 | 5.16 | 20.55 | 1.73 | 31.97 | 68.62 | 64.54 | 27.55 | -0.45 | 0 | 31.52 | 80.94 | 0.00 | 0 |
| 2021 (8) | 33.13 | -27.79 | 12.0 | -67.65 | 0 | 0 | 0 | 0 | 237.35 | 12.79 | 5.58 | 40.91 | 85.53 | -4.05 | 36.04 | -14.93 | 119.56 | -1.98 | 11.35 | 16.17 | 76.24 | 21.85 | 9.07 | -21.54 | 94.19 | 0.0 | 11.43 | 4.1 | 20.2 | 4.61 | 18.96 | 15.96 | 50.6 | 8.49 | -1.54 | 0 | 17.42 | 14.91 | 0.00 | 0 |
| 2020 (7) | 45.88 | 623.66 | 37.1 | -24.59 | 0 | 0 | 0 | 0 | 210.43 | -26.27 | 3.96 | -78.87 | 89.14 | -36.76 | 42.36 | -14.23 | 121.97 | 24.21 | 9.77 | 16.59 | 62.57 | -29.89 | 11.56 | -7.3 | 94.19 | 0.0 | 10.98 | 20.79 | 19.31 | -23.43 | 16.35 | -14.08 | 46.64 | -12.58 | -1.19 | 0 | 15.16 | -19.06 | 0.00 | 0 |
| 2019 (6) | 6.34 | -34.16 | 49.2 | -36.35 | 0 | 0 | 0 | 0 | 285.4 | 1.27 | 18.74 | -10.42 | 140.95 | -8.18 | 49.39 | -9.33 | 98.2 | 44.45 | 8.38 | 38.97 | 89.24 | 214.45 | 12.47 | 43.66 | 94.19 | 0.0 | 9.09 | 29.49 | 25.22 | 30.4 | 19.03 | -8.07 | 53.35 | 13.37 | -0.3 | 0 | 18.73 | -9.91 | 0.00 | 0 |
| 2018 (5) | 9.63 | -9.66 | 77.3 | 18.65 | 52.9 | 1442.27 | 0 | 0 | 281.82 | 2.34 | 20.92 | 19.68 | 153.5 | 59.71 | 54.47 | 56.06 | 67.98 | 0.4 | 6.03 | 40.56 | 28.38 | -28.62 | 8.68 | -13.2 | 94.19 | 0.0 | 7.02 | 32.2 | 19.34 | 31.3 | 20.7 | 20.91 | 47.06 | 26.61 | 0.09 | 0 | 20.79 | 23.75 | 0.00 | 0 |
| 2017 (4) | 10.66 | -58.36 | 65.15 | -9.51 | 3.43 | -70.76 | 0 | 0 | 275.37 | 0.77 | 17.48 | -16.08 | 96.11 | 28.45 | 34.90 | 27.47 | 67.71 | -10.91 | 4.29 | -44.93 | 39.76 | 431.55 | 10.0 | 36.05 | 94.19 | 3.7 | 5.31 | 64.4 | 14.73 | 73.5 | 17.12 | -17.93 | 37.17 | 14.09 | -0.32 | 0 | 16.8 | -20.23 | 0.00 | 0 |
| 2016 (3) | 25.6 | 64.63 | 72.0 | 27.43 | 11.73 | 20.8 | 0 | 0 | 273.26 | 1.67 | 20.83 | 2.66 | 74.82 | 11.64 | 27.38 | 9.81 | 76.0 | -13.6 | 7.79 | 16.97 | 7.48 | -61.06 | 7.35 | 78.4 | 90.83 | 0.0 | 3.23 | 169.17 | 8.49 | 253.75 | 20.86 | 1.61 | 32.58 | 35.02 | 0.2 | -35.48 | 21.06 | 1.06 | 0.00 | 0 |
| 2015 (2) | 15.55 | -42.85 | 56.5 | -4.24 | 9.71 | 565.07 | 0 | 0 | 268.78 | 7.84 | 20.29 | 8.39 | 67.02 | 14.76 | 24.93 | 6.42 | 87.96 | 17.3 | 6.66 | 38.17 | 19.21 | 177.6 | 4.12 | 21.18 | 90.83 | 0.0 | 1.2 | 0 | 2.4 | 0 | 20.53 | 71.08 | 24.13 | 101.08 | 0.31 | 181.82 | 20.84 | 72.09 | 0.00 | 0 |
| 2014 (1) | 27.21 | -13.51 | 59.0 | 2850.0 | 1.46 | -79.49 | 0 | 0 | 249.24 | 7.96 | 18.72 | 46.71 | 58.4 | 29.84 | 23.43 | 20.26 | 74.99 | 19.68 | 4.82 | 58.55 | 6.92 | -17.42 | 3.4 | -59.04 | 90.83 | 0.0 | 0 | 0 | 0 | 0 | 12.0 | 0 | 12.0 | 0 | 0.11 | 0 | 12.11 | 0 | 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) | 17.14 | -26.18 | 15.27 | 97.0 | 79.96 | 54.95 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 86.39 | -1.85 | -13.43 | 2.45 | -57.09 | -62.88 | 126.68 | 19.77 | -2.7 | 33.64 | 24.03 | -0.73 | 163.34 | 0.72 | 1.01 | 9.6 | 6.31 | -9.18 | 34.48 | 0.0 | 0.03 | 7.04 | -3.16 | -21.86 | 94.19 | 0.0 | 0.0 | 15.99 | 0.0 | 16.38 | 19.2 | 0.0 | -1.39 | 44.37 | 5.84 | 8.94 | 79.56 | 3.18 | 7.6 | 0.34 | -56.96 | -44.26 | 44.71 | 4.68 | 8.15 | 0.00 | 0 | 0 |
| 24Q2 (19) | 23.22 | 69.86 | 344.83 | 53.9 | 87.15 | -8.02 | 30.0 | 0.0 | 0 | 0 | 0 | 0 | 88.02 | -16.77 | -7.74 | 5.71 | -28.98 | -24.27 | 105.77 | 5.0 | -0.36 | 27.12 | 6.99 | -6.5 | 162.18 | 6.64 | -1.36 | 9.03 | -25.19 | -14.0 | 34.48 | 0.03 | -46.51 | 7.27 | -2.81 | -17.95 | 94.19 | 0.0 | 0.0 | 15.99 | 16.38 | 16.38 | 19.2 | -1.39 | -1.39 | 41.92 | -18.93 | 22.79 | 77.11 | -9.19 | 14.49 | 0.79 | 88.1 | 1875.0 | 42.71 | -18.07 | 24.96 | 0.00 | 0 | 0 |
| 24Q1 (18) | 13.67 | -59.4 | 25.76 | 28.8 | 476.0 | -17.71 | 30.0 | 0.03 | -17.81 | 0 | 0 | 0 | 105.76 | 9.71 | 6.39 | 8.04 | 198.88 | 47.79 | 100.73 | 31.36 | 16.65 | 25.35 | 29.26 | 1.03 | 152.08 | -1.99 | -0.31 | 12.07 | 12.8 | 22.66 | 34.47 | 0.0 | -46.52 | 7.48 | -2.86 | -16.61 | 94.19 | 0.0 | 0.0 | 13.74 | 0.0 | 14.31 | 19.47 | 0.0 | -5.26 | 51.71 | 18.44 | 38.23 | 84.91 | 10.46 | 21.33 | 0.42 | 333.33 | 182.35 | 52.13 | 19.89 | 41.27 | 0.00 | 0 | 0 |
| 23Q4 (17) | 33.67 | 126.43 | 1.63 | 5.0 | -92.01 | -66.67 | 29.99 | 0.0 | 0 | 0 | 0 | 0 | 96.4 | -3.4 | 7.61 | 2.69 | -59.24 | 5.91 | 76.68 | -41.1 | -10.26 | 19.61 | -42.13 | -30.6 | 155.16 | -4.05 | 15.93 | 10.7 | 1.23 | -25.75 | 34.47 | 0.0 | -58.19 | 7.7 | -14.54 | -11.7 | 94.19 | 0.0 | 0.0 | 13.74 | 0.0 | 14.31 | 19.47 | 0.0 | -5.26 | 43.66 | 7.19 | 36.57 | 76.87 | 3.96 | 19.1 | -0.18 | -129.51 | 60.0 | 43.48 | 5.18 | 37.94 | 0.00 | 0 | 0 |
| 23Q3 (16) | 14.87 | 184.87 | 96.69 | 62.6 | 6.83 | -6.57 | 29.99 | 0 | -18.51 | 0 | 0 | 0 | 99.79 | 4.6 | 22.35 | 6.6 | -12.47 | 15.38 | 130.19 | 22.65 | 29.22 | 33.89 | 16.83 | -3.47 | 161.71 | -1.65 | 15.6 | 10.57 | 0.67 | -26.34 | 34.47 | -46.52 | -46.52 | 9.01 | 1.69 | 2.5 | 94.19 | 0.0 | 0.0 | 13.74 | 0.0 | 14.31 | 19.47 | 0.0 | -5.26 | 40.73 | 19.3 | 43.06 | 73.94 | 9.78 | 21.13 | 0.61 | 1425.0 | 2133.33 | 41.34 | 20.95 | 45.36 | 0.00 | 0 | 0 |
| 23Q2 (15) | 5.22 | -51.98 | -64.56 | 58.6 | 67.43 | 39.52 | 0 | -100.0 | 0 | 0 | 0 | 0 | 95.4 | -4.03 | 29.64 | 7.54 | 38.6 | 25.88 | 106.15 | 22.93 | 15.24 | 29.01 | 15.6 | -17.38 | 164.42 | 7.77 | 21.47 | 10.5 | 6.71 | -18.03 | 64.46 | 0.0 | -41.58 | 8.86 | -1.23 | 1.14 | 94.19 | 0.0 | 0.0 | 13.74 | 14.31 | 14.31 | 19.47 | -5.26 | -5.26 | 34.14 | -8.74 | 50.07 | 67.35 | -3.76 | 21.75 | 0.04 | 107.84 | 106.9 | 34.18 | -7.37 | 54.17 | 0.00 | 0 | 0 |
| 23Q1 (14) | 10.87 | -67.19 | -40.44 | 35.0 | 133.33 | 79.49 | 36.5 | 0 | 2333.33 | 0 | 0 | 0 | 99.41 | 10.97 | 72.35 | 5.44 | 114.17 | 167.98 | 86.35 | 1.05 | 5.87 | 25.09 | -11.2 | -23.57 | 152.56 | 13.99 | 17.5 | 9.84 | -31.71 | -17.79 | 64.46 | -21.82 | -15.12 | 8.97 | 2.87 | 0.34 | 94.19 | 0.0 | 0.0 | 12.02 | 0.0 | 5.16 | 20.55 | 0.0 | 1.73 | 37.41 | 17.02 | 78.23 | 69.98 | 8.43 | 32.97 | -0.51 | -13.33 | 52.34 | 36.9 | 17.07 | 85.24 | 0.00 | 0 | 0 |
| 22Q4 (13) | 33.13 | 338.23 | 0.0 | 15.0 | -77.61 | 25.0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 89.58 | 9.83 | 20.79 | 2.54 | -55.59 | 36.56 | 85.45 | -15.19 | -0.09 | 28.26 | -19.51 | -21.59 | 133.84 | -4.32 | 11.94 | 14.41 | 0.42 | 26.96 | 82.45 | 27.93 | 8.15 | 8.72 | -0.8 | -3.86 | 94.19 | 0.0 | 0.0 | 12.02 | 0.0 | 5.16 | 20.55 | 0.0 | 1.73 | 31.97 | 12.29 | 68.62 | 64.54 | 5.73 | 27.55 | -0.45 | -1400.0 | 70.78 | 31.52 | 10.83 | 80.94 | 0.00 | 0 | 0 |
| 22Q3 (12) | 7.56 | -48.68 | -71.99 | 67.0 | 59.52 | 111.36 | 36.8 | 0 | 1126.67 | 0 | 0 | 0 | 81.56 | 10.83 | 43.24 | 5.72 | -4.51 | 146.55 | 100.75 | 9.38 | 12.07 | 35.11 | -0.0 | -12.67 | 139.89 | 3.35 | 10.38 | 14.35 | 12.02 | 29.98 | 64.45 | -41.59 | -26.54 | 8.79 | 0.34 | -22.01 | 94.19 | 0.0 | 0.0 | 12.02 | 0.0 | 5.16 | 20.55 | 0.0 | 1.73 | 28.47 | 25.14 | 69.06 | 61.04 | 10.34 | 25.91 | -0.03 | 94.83 | 97.96 | 28.44 | 28.28 | 85.04 | 0.00 | 0 | 0 |
| 22Q2 (11) | 14.73 | -19.29 | -34.33 | 42.0 | 115.38 | 19.32 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 73.59 | 27.58 | 23.35 | 5.99 | 195.07 | 47.9 | 92.11 | 12.94 | -1.87 | 35.11 | 6.94 | -19.48 | 135.36 | 4.25 | 6.83 | 12.81 | 7.02 | 18.94 | 110.34 | 45.3 | 23.94 | 8.76 | -2.01 | -22.34 | 94.19 | 0.0 | 0.0 | 12.02 | 5.16 | 9.47 | 20.55 | 1.73 | 6.42 | 22.75 | 8.38 | 28.17 | 55.32 | 5.11 | 15.13 | -0.58 | 45.79 | 60.27 | 22.17 | 11.3 | 36.1 | 0.00 | 0 | 0 |
| 22Q1 (10) | 18.25 | -44.91 | 2.36 | 19.5 | 62.5 | -40.91 | 1.5 | 0 | -91.18 | 0 | 0 | 0 | 57.68 | -22.22 | 23.83 | 2.03 | 9.14 | 176.6 | 81.56 | -4.64 | -8.79 | 32.83 | -8.9 | -26.27 | 129.84 | 8.6 | -0.79 | 11.97 | 5.46 | 13.35 | 75.94 | -0.39 | 53.2 | 8.94 | -1.43 | -21.37 | 94.19 | 0.0 | 0.0 | 11.43 | 0.0 | 4.1 | 20.2 | 0.0 | 4.61 | 20.99 | 10.71 | 53.21 | 52.63 | 4.01 | 19.64 | -1.07 | 30.52 | 2.73 | 19.92 | 14.35 | 58.1 | 0.00 | 0 | 0 |
| 21Q4 (9) | 33.13 | 22.75 | -27.79 | 12.0 | -62.15 | -67.65 | 0 | -100.0 | 0 | 0 | 0 | 0 | 74.16 | 30.24 | 22.64 | 1.86 | -19.83 | 67.57 | 85.53 | -4.86 | -4.05 | 36.04 | -10.35 | -14.93 | 119.56 | -5.67 | -1.98 | 11.35 | 2.81 | 16.17 | 76.24 | -13.1 | 21.85 | 9.07 | -19.52 | -21.54 | 94.19 | 0.0 | 0.0 | 11.43 | 0.0 | 4.1 | 20.2 | 0.0 | 4.61 | 18.96 | 12.59 | 15.96 | 50.6 | 4.37 | 8.49 | -1.54 | -4.76 | -29.41 | 17.42 | 13.34 | 14.91 | 0.00 | 0 | 0 |
| 21Q3 (8) | 26.99 | 20.33 | -52.72 | 31.7 | -9.94 | -19.75 | 3.0 | -73.91 | -75.0 | 0 | 0 | 0 | 56.94 | -4.56 | 17.16 | 2.32 | -42.72 | 2209.09 | 89.9 | -4.23 | -2.75 | 40.20 | -7.8 | -0.18 | 126.74 | 0.02 | -0.07 | 11.04 | 2.51 | 7.29 | 87.73 | -1.46 | 24.32 | 11.27 | -0.09 | -2.93 | 94.19 | 0.0 | 0.0 | 11.43 | 4.1 | 4.1 | 20.2 | 4.61 | 4.61 | 16.84 | -5.13 | 14.64 | 48.48 | 0.89 | 7.76 | -1.47 | -0.68 | -54.74 | 15.37 | -5.65 | 11.86 | 0.00 | 0 | 0 |
| 21Q2 (7) | 22.43 | 25.8 | -44.93 | 35.2 | 6.67 | -46.67 | 11.5 | -32.35 | 0 | 0 | 0 | 0 | 59.66 | 28.08 | 32.02 | 4.05 | 252.83 | 66.67 | 93.87 | 4.98 | -28.26 | 43.60 | -2.08 | 0 | 126.71 | -3.18 | -2.95 | 10.77 | 1.99 | 14.7 | 89.03 | 79.6 | 19.07 | 11.28 | -0.79 | -11.74 | 94.19 | 0.0 | 0.0 | 10.98 | 0.0 | 0.0 | 19.31 | 0.0 | 0.0 | 17.75 | 29.56 | 19.85 | 48.05 | 9.23 | 6.54 | -1.46 | -32.73 | -210.64 | 16.29 | 29.29 | 13.6 | 0.00 | 0 | 0 |
| 21Q1 (6) | 17.83 | -61.14 | -48.97 | 33.0 | -11.05 | -67.65 | 17.0 | 0 | 0 | 0 | 0 | 0 | 46.58 | -22.97 | -17.07 | -2.65 | -338.74 | -600.0 | 89.42 | 0.31 | -35.17 | 44.52 | 5.1 | 0 | 130.87 | 7.3 | 6.73 | 10.56 | 8.09 | 15.79 | 49.57 | -20.78 | -50.51 | 11.37 | -1.64 | -10.82 | 94.19 | 0.0 | 0.0 | 10.98 | 0.0 | 20.79 | 19.31 | 0.0 | -23.43 | 13.7 | -16.21 | -29.96 | 43.99 | -5.68 | -18.36 | -1.1 | 7.56 | -205.56 | 12.6 | -16.89 | -34.38 | 0.00 | 0 | 0 |
| 20Q4 (5) | 45.88 | -19.62 | 623.66 | 37.1 | -6.08 | -24.59 | 0 | -100.0 | 0 | 0 | 0 | 0 | 60.47 | 24.42 | -24.03 | 1.11 | 1109.09 | -74.13 | 89.14 | -3.57 | -36.76 | 42.36 | 5.2 | 0 | 121.97 | -3.83 | 24.21 | 9.77 | -5.05 | 16.59 | 62.57 | -11.34 | -29.89 | 11.56 | -0.43 | -7.3 | 94.19 | 0.0 | 0.0 | 10.98 | 0.0 | 20.79 | 19.31 | 0.0 | -23.43 | 16.35 | 11.3 | -14.08 | 46.64 | 3.67 | -12.58 | -1.19 | -25.26 | -296.67 | 15.16 | 10.33 | -19.06 | 0.00 | 0 | 0 |
| 20Q3 (4) | 57.08 | 40.14 | 0.0 | 39.5 | -40.15 | 0.0 | 12.0 | 0 | 0.0 | 0 | 0 | 0.0 | 48.6 | 7.55 | 0.0 | -0.11 | -104.53 | 0.0 | 92.44 | -29.35 | 0.0 | 40.27 | 0 | 0.0 | 126.83 | -2.86 | 0.0 | 10.29 | 9.58 | 0.0 | 70.57 | -5.62 | 0.0 | 11.61 | -9.15 | 0.0 | 94.19 | 0.0 | 0.0 | 10.98 | 0.0 | 0.0 | 19.31 | 0.0 | 0.0 | 14.69 | -0.81 | 0.0 | 44.99 | -0.24 | 0.0 | -0.95 | -102.13 | 0.0 | 13.74 | -4.18 | 0.0 | 0.00 | 0 | 0.0 |
