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) | 2.55 | -18.79 | 0.6 | -20.0 | 0 | 0 | 0 | 0 | 7.45 | -6.99 | -1.01 | 0 | 0.36 | 0.0 | 4.83 | 7.52 | 0.44 | -24.14 | 0.06 | -45.45 | 0 | 0 | 0.37 | 15.62 | 2.6 | -27.37 | 0 | 0 | 0 | 0 | -1.1 | 0 | -1.1 | 0 | -0.73 | 0 | -1.83 | 0 | 0.25 | 282.12 |
| 2022 (9) | 3.14 | -6.55 | 0.75 | -55.88 | 0 | 0 | 0 | 0 | 8.01 | -45.1 | -2.8 | 0 | 0.36 | 71.43 | 4.49 | 212.25 | 0.58 | -45.79 | 0.11 | -89.72 | 0 | 0 | 0.32 | 3.23 | 3.58 | 0.0 | 0 | 0 | 0.82 | 0.0 | -2.8 | 0 | -1.98 | 0 | -0.74 | 0 | -3.54 | 0 | 0.07 | 69.02 |
| 2021 (8) | 3.36 | -16.0 | 1.7 | -39.72 | 0.52 | 0 | 0 | 0 | 14.59 | -7.66 | -0.94 | 0 | 0.21 | -41.67 | 1.44 | -36.83 | 1.07 | 25.88 | 1.07 | -12.3 | 0 | 0 | 0.31 | -6.06 | 3.58 | -2.19 | 0.68 | 6.25 | 0.82 | 9.33 | -0.95 | 0 | 0.55 | -72.64 | -1.0 | 0 | -1.95 | 0 | 0.04 | -22.02 |
| 2020 (7) | 4.0 | 19.76 | 2.82 | 21.03 | 0 | 0 | 0 | 0 | 15.8 | -28.73 | 0.39 | -69.77 | 0.36 | -25.0 | 2.28 | 5.24 | 0.85 | -15.84 | 1.22 | 713.33 | 0.53 | 0 | 0.33 | 371.43 | 3.66 | 4.87 | 0.64 | 25.49 | 0.75 | 50.0 | 0.61 | -62.35 | 2.01 | -23.86 | -0.83 | 0 | -0.22 | 0 | 0.05 | 156.27 |
| 2019 (6) | 3.34 | 42.13 | 2.33 | 60.69 | 0 | 0 | 0 | 0 | 22.17 | 1.98 | 1.29 | 25.24 | 0.48 | 11.63 | 2.17 | 9.46 | 1.01 | 9.78 | 0.15 | -68.75 | 0 | 0 | 0.07 | -22.22 | 3.49 | -0.57 | 0.51 | 24.39 | 0.5 | 4.17 | 1.62 | 43.36 | 2.64 | 30.05 | -0.79 | 0 | 0.83 | 53.7 | 0.02 | -34.62 |
| 2018 (5) | 2.35 | 6.82 | 1.45 | -12.12 | 0 | 0 | 0 | 0 | 21.74 | 9.03 | 1.03 | -33.97 | 0.43 | 7.5 | 1.98 | -1.4 | 0.92 | -14.02 | 0.48 | -12.73 | 0 | 0 | 0.09 | -10.0 | 3.51 | 5.09 | 0.41 | 64.0 | 0.48 | 118.18 | 1.13 | -38.59 | 2.03 | -12.12 | -0.59 | 0 | 0.54 | -53.85 | 0.03 | -30.78 |
| 2017 (4) | 2.2 | -8.33 | 1.65 | 79.35 | 0.64 | -65.41 | 0 | 0 | 19.94 | 13.49 | 1.56 | 28.93 | 0.4 | 60.0 | 2.01 | 40.98 | 1.07 | 38.96 | 0.55 | 37.5 | 0 | 0 | 0.1 | 25.0 | 3.34 | 10.6 | 0.25 | 92.31 | 0.22 | 0 | 1.84 | 19.48 | 2.31 | 38.32 | -0.67 | 0 | 1.17 | -11.36 | 0.04 | 118.08 |
| 2016 (3) | 2.4 | -51.22 | 0.92 | -11.54 | 1.85 | 9150.0 | 0 | 0 | 17.57 | 9.54 | 1.21 | 65.75 | 0.25 | -13.79 | 1.42 | -21.3 | 0.77 | 2.67 | 0.4 | 33.33 | 0 | 0 | 0.08 | -20.0 | 3.02 | 10.22 | 0.13 | 116.67 | 0 | 0 | 1.54 | 42.59 | 1.67 | 46.49 | -0.22 | 0 | 1.32 | -1.49 | 0.02 | -42.25 |
| 2015 (2) | 4.92 | 40.17 | 1.04 | -60.15 | 0.02 | 0.0 | 0 | 0 | 16.04 | 5.04 | 0.73 | 19.67 | 0.29 | 7.41 | 1.81 | 2.25 | 0.75 | 1.35 | 0.3 | 150.0 | 2.3 | 400.0 | 0.1 | -28.57 | 2.74 | 0.0 | 0.06 | 0 | 0 | 0 | 1.08 | 12.5 | 1.14 | 18.75 | 0.26 | -13.33 | 1.34 | 6.35 | 0.03 | -23.95 |
| 2014 (1) | 3.51 | 42.11 | 2.61 | 45.0 | 0.02 | 100.0 | 0 | 0 | 15.27 | 2.07 | 0.61 | -12.86 | 0.27 | 8.0 | 1.77 | 5.81 | 0.74 | -6.33 | 0.12 | 0 | 0.46 | -6.12 | 0.14 | 250.0 | 2.74 | 19.13 | 0 | 0 | 0 | 0 | 0.96 | 18.52 | 0.96 | 18.52 | 0.3 | 172.73 | 1.26 | 36.96 | 0.04 | 620.7 |
| 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) | 2.31 | -23.0 | 5.0 | 0.46 | 27.78 | -24.59 | 0 | 0 | 0 | 0 | 0 | 0 | 1.41 | 6.02 | -27.32 | 0.05 | -16.67 | 350.0 | 0.34 | 3.03 | -46.03 | 6.12 | 12.85 | -26.52 | 0.64 | 190.91 | 28.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 1.12 | 202.7 | 187.18 | 2.8 | 0.0 | 12.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.04 | 55.56 | 93.65 | -0.04 | 55.56 | 93.65 | -0.48 | -14.29 | 21.31 | -0.52 | -1.96 | 58.06 | 0.11 | -1.69 | -10.83 |
| 24Q2 (19) | 3.0 | -7.98 | 2.39 | 0.36 | -40.98 | -40.0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.33 | 3.1 | -38.99 | 0.06 | -93.75 | 115.0 | 0.33 | -5.71 | -25.0 | 5.42 | 7.45 | -1.72 | 0.22 | -18.52 | -54.17 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.37 | 0.0 | 2.78 | 2.8 | 0.0 | -21.79 | 0 | 0 | 0 | 0 | 0 | 0 | -0.09 | 40.0 | 94.41 | -0.09 | 40.0 | 94.41 | -0.42 | 8.7 | 39.13 | -0.51 | 16.39 | 77.83 | 0.11 | -2.48 | -2.78 |
| 24Q1 (18) | 3.26 | 27.84 | 7.24 | 0.61 | 1.67 | -7.58 | 0 | 0 | 0 | 0 | 0 | 0 | 1.29 | -15.69 | -28.33 | 0.96 | 304.26 | 900.0 | 0.35 | -2.78 | -28.57 | 5.04 | 4.37 | -22.19 | 0.27 | -38.64 | -44.9 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0.37 | 0.0 | 19.35 | 2.8 | 7.69 | -21.79 | 0 | 0 | 0 | 0 | 0 | -100.0 | -0.15 | 86.36 | 94.85 | -0.15 | 86.36 | 92.82 | -0.46 | 36.99 | 41.03 | -0.61 | 66.67 | 83.47 | 0.12 | -53.09 | 59.56 |
| 23Q4 (17) | 2.55 | 15.91 | -18.79 | 0.6 | -1.64 | -20.0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.53 | -21.13 | -7.27 | -0.47 | -2250.0 | 57.66 | 0.36 | -42.86 | 0.0 | 4.83 | -41.94 | 7.52 | 0.44 | -12.0 | -24.14 | 0.06 | -25.0 | -45.45 | 0 | 0 | 0 | 0.37 | -5.13 | 15.62 | 2.6 | 4.0 | -27.37 | 0 | 0 | 0 | 0 | 0 | -100.0 | -1.1 | -74.6 | 60.71 | -1.1 | -74.6 | 44.44 | -0.73 | -19.67 | 1.35 | -1.83 | -47.58 | 48.31 | 0.25 | 98.25 | 282.12 |
| 23Q3 (16) | 2.2 | -24.91 | -39.56 | 0.61 | 1.67 | -29.07 | 0 | 0 | 0 | 0 | 0 | 0 | 1.94 | -11.01 | -17.45 | -0.02 | 95.0 | 95.56 | 0.63 | 43.18 | 23.53 | 8.32 | 50.94 | 49.48 | 0.5 | 4.17 | -39.02 | 0.08 | 14.29 | 0.0 | 0 | 0 | 0 | 0.39 | 8.33 | 18.18 | 2.5 | -30.17 | -30.17 | 0 | 0 | 0 | 0 | 0 | -100.0 | -0.63 | 60.87 | 62.72 | -0.63 | 60.87 | 27.59 | -0.61 | 11.59 | 7.58 | -1.24 | 46.09 | 47.23 | 0.13 | 7.19 | 166.43 |
| 23Q2 (15) | 2.93 | -3.62 | -23.3 | 0.6 | -9.09 | -31.82 | 0 | 0 | 0 | 0 | 0 | 0 | 2.18 | 21.11 | 23.86 | -0.4 | -233.33 | 68.25 | 0.44 | -10.2 | 10.0 | 5.51 | -14.93 | 44.74 | 0.48 | -2.04 | -44.83 | 0.07 | -22.22 | -22.22 | 0 | 0 | 0 | 0.36 | 16.13 | 12.5 | 3.58 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | -1.61 | 44.67 | -28.8 | -1.61 | 22.97 | -283.33 | -0.69 | 11.54 | 12.66 | -2.3 | 37.67 | -12.75 | 0.12 | 60.06 | 132.56 |
| 23Q1 (14) | 3.04 | -3.18 | -18.28 | 0.66 | -12.0 | -43.1 | 0 | 0 | -100.0 | 0 | 0 | 0 | 1.8 | 9.09 | -20.0 | -0.12 | 89.19 | -1300.0 | 0.49 | 36.11 | 63.33 | 6.48 | 44.21 | 171.57 | 0.49 | -15.52 | -58.12 | 0.09 | -18.18 | -30.77 | 0 | 0 | 0 | 0.31 | -3.12 | 0.0 | 3.58 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0.82 | 0.0 | 0.0 | -2.91 | -3.93 | -209.57 | -2.09 | -5.56 | -466.67 | -0.78 | -5.41 | 6.02 | -3.69 | -4.24 | -108.47 | 0.07 | 12.34 | 96.46 |
| 22Q4 (13) | 3.14 | -13.74 | -6.55 | 0.75 | -12.79 | -55.88 | 0 | 0 | -100.0 | 0 | 0 | 0 | 1.65 | -29.79 | -41.07 | -1.11 | -146.67 | -68.18 | 0.36 | -29.41 | 71.43 | 4.49 | -19.28 | 212.04 | 0.58 | -29.27 | -45.79 | 0.11 | 37.5 | -89.72 | 0 | 0 | 0 | 0.32 | -3.03 | 3.23 | 3.58 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0.82 | 0.0 | 0.0 | -2.8 | -65.68 | -194.74 | -1.98 | -127.59 | -460.0 | -0.74 | -12.12 | 26.0 | -3.54 | -50.64 | -81.54 | 0.07 | 38.23 | 69.02 |
| 22Q3 (12) | 3.64 | -4.71 | -5.45 | 0.86 | -2.27 | -63.09 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.35 | 33.52 | -36.31 | -0.45 | 64.29 | 2.17 | 0.51 | 27.5 | 21.43 | 5.57 | 46.15 | 115.95 | 0.82 | -5.75 | -5.75 | 0.08 | -11.11 | -92.52 | 0 | 0 | 0 | 0.33 | 3.12 | 3.12 | 3.58 | 0.0 | -1.92 | 0 | 0 | -100.0 | 0.82 | 0.0 | 0.0 | -1.69 | -35.2 | -3480.0 | -0.87 | -107.14 | -156.13 | -0.66 | 16.46 | 34.0 | -2.35 | -15.2 | -147.37 | 0.05 | -6.43 | 38.53 |
| 22Q2 (11) | 3.82 | 2.69 | 16.11 | 0.88 | -24.14 | -62.23 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 1.76 | -21.78 | -54.05 | -1.26 | -12700.0 | -6200.0 | 0.4 | 33.33 | 5.26 | 3.81 | 59.62 | 77.24 | 0.87 | -25.64 | -17.92 | 0.09 | -30.77 | -92.37 | 0 | 0 | 0 | 0.32 | 3.23 | 0.0 | 3.58 | 0.0 | -1.92 | 0 | -100.0 | -100.0 | 0.82 | 0.0 | 0.0 | -1.25 | -32.98 | -345.1 | -0.42 | -173.68 | -120.9 | -0.79 | 4.82 | 20.2 | -2.04 | -15.25 | -325.0 | 0.05 | 35.22 | 3.39 |
| 22Q1 (10) | 3.72 | 10.71 | -5.1 | 1.16 | -31.76 | -62.34 | 0.54 | 3.85 | 0 | 0 | 0 | 0 | 2.25 | -19.64 | -47.18 | 0.01 | 101.52 | -95.0 | 0.3 | 42.86 | -23.08 | 2.39 | 65.7 | 5.87 | 1.17 | 9.35 | 25.81 | 0.13 | -87.85 | -89.08 | 0 | 0 | -100.0 | 0.31 | 0.0 | -6.06 | 3.58 | 0.0 | -2.19 | 0.68 | 0.0 | 6.25 | 0.82 | 0.0 | 9.33 | -0.94 | 1.05 | -246.88 | 0.57 | 3.64 | -71.92 | -0.83 | 17.0 | 5.68 | -1.77 | 9.23 | -637.5 | 0.04 | -3.35 | -23.37 |
| 21Q4 (9) | 3.36 | -12.73 | -16.0 | 1.7 | -27.04 | -39.72 | 0.52 | 0.0 | 0 | 0 | 0 | 0 | 2.8 | -24.12 | -37.92 | -0.66 | -43.48 | -300.0 | 0.21 | -50.0 | -41.67 | 1.44 | -44.14 | -36.75 | 1.07 | 22.99 | 25.88 | 1.07 | 0.0 | -12.3 | 0 | 0 | -100.0 | 0.31 | -3.12 | -6.06 | 3.58 | -1.92 | -2.19 | 0.68 | 0.0 | 6.25 | 0.82 | 0.0 | 9.33 | -0.95 | -2000.0 | -255.74 | 0.55 | -64.52 | -72.64 | -1.0 | 0.0 | -20.48 | -1.95 | -105.26 | -786.36 | 0.04 | 13.29 | -22.02 |
| 21Q3 (8) | 3.85 | 17.02 | -18.26 | 2.33 | 0.0 | -27.41 | 0.52 | 0.0 | 0 | 0 | 0 | 0 | 3.69 | -3.66 | -27.36 | -0.46 | -2200.0 | -171.88 | 0.42 | 10.53 | 7.69 | 2.58 | 19.96 | 8.02 | 0.87 | -17.92 | 8.75 | 1.07 | -9.32 | -7.76 | 0 | 0 | -100.0 | 0.32 | 0.0 | -5.88 | 3.65 | 0.0 | -0.27 | 0.68 | 0.0 | 6.25 | 0.82 | 0.0 | 9.33 | 0.05 | -90.2 | -82.14 | 1.55 | -22.89 | -7.74 | -1.0 | -1.01 | -11.11 | -0.95 | -97.92 | -53.23 | 0.03 | -30.17 | -36.93 |
| 21Q2 (7) | 3.29 | -16.07 | 18.77 | 2.33 | -24.35 | -39.48 | 0.52 | 0 | 0 | 0 | 0 | 0 | 3.83 | -10.09 | 11.01 | -0.02 | -110.0 | 60.0 | 0.38 | -2.56 | -22.45 | 2.15 | -4.66 | 0 | 1.06 | 13.98 | 41.33 | 1.18 | -0.84 | 5.36 | 0 | -100.0 | 0 | 0.32 | -3.03 | 300.0 | 3.65 | -0.27 | -0.27 | 0.68 | 6.25 | 6.25 | 0.82 | 9.33 | 9.33 | 0.51 | -20.31 | 241.67 | 2.01 | -0.99 | 93.27 | -0.99 | -12.5 | -6.45 | -0.48 | -100.0 | 62.79 | 0.05 | 0.22 | 110.19 |
| 21Q1 (6) | 3.92 | -2.0 | 32.43 | 3.08 | 9.22 | 28.87 | 0 | 0 | 0 | 0 | 0 | 0 | 4.26 | -5.54 | 53.79 | 0.2 | -39.39 | 137.74 | 0.39 | 8.33 | -25.0 | 2.25 | -1.0 | 0 | 0.93 | 9.41 | 8.14 | 1.19 | -2.46 | 981.82 | 0.53 | 0.0 | 0 | 0.33 | 0.0 | 312.5 | 3.66 | 0.0 | 4.87 | 0.64 | 0.0 | 25.49 | 0.75 | 0.0 | 50.0 | 0.64 | 4.92 | 166.67 | 2.03 | 1.0 | 61.11 | -0.88 | -6.02 | -8.64 | -0.24 | -9.09 | 57.89 | 0.05 | -1.65 | 157.14 |
| 20Q4 (5) | 4.0 | -15.07 | 19.76 | 2.82 | -12.15 | 21.03 | 0 | 0 | 0 | 0 | 0 | 0 | 4.51 | -11.22 | -10.52 | 0.33 | -48.44 | 230.0 | 0.36 | -7.69 | -25.0 | 2.28 | -4.6 | 0 | 0.85 | 6.25 | -15.84 | 1.22 | 5.17 | 713.33 | 0.53 | -1.85 | 0 | 0.33 | -2.94 | 371.43 | 3.66 | 0.0 | 4.87 | 0.64 | 0.0 | 25.49 | 0.75 | 0.0 | 50.0 | 0.61 | 117.86 | -62.35 | 2.01 | 19.64 | -23.86 | -0.83 | 7.78 | -5.06 | -0.22 | 64.52 | -126.51 | 0.05 | -8.36 | 156.27 |
| 20Q3 (4) | 4.71 | 70.04 | 0.0 | 3.21 | -16.62 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 5.08 | 47.25 | 0.0 | 0.64 | 1380.0 | 0.0 | 0.39 | -20.41 | 0.0 | 2.39 | 0 | 0.0 | 0.8 | 6.67 | 0.0 | 1.16 | 3.57 | 0.0 | 0.54 | 0 | 0.0 | 0.34 | 325.0 | 0.0 | 3.66 | 0.0 | 0.0 | 0.64 | 0.0 | 0.0 | 0.75 | 0.0 | 0.0 | 0.28 | 177.78 | 0.0 | 1.68 | 61.54 | 0.0 | -0.9 | 3.23 | 0.0 | -0.62 | 51.94 | 0.0 | 0.05 | 132.72 | 0.0 |
