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) | 3.09 | -24.26 | 0.4 | 0 | 0.76 | -70.77 | 0 | 0 | 5.29 | -10.64 | -0.2 | 0 | 0.09 | -35.71 | 1.70 | -28.06 | 0.03 | -40.0 | 2.03 | -2.87 | 3.94 | 84.98 | 0 | 0 | 5.0 | 2.04 | 0.71 | 1.43 | 0 | 0 | 1.69 | -15.5 | 2.4 | -11.11 | -0.63 | 0 | 1.06 | -22.63 | 0.06 | 231.38 |
| 2022 (9) | 4.08 | 17.24 | 0 | 0 | 2.6 | 326.23 | 0 | 0 | 5.92 | 20.08 | 0.12 | 0 | 0.14 | 16.67 | 2.36 | -2.84 | 0.05 | 25.0 | 2.09 | -4.57 | 2.13 | -54.87 | 0 | 0 | 4.9 | 0.0 | 0.7 | 0.0 | 0 | 0 | 2.0 | 6.38 | 2.7 | 4.65 | -0.63 | 0 | 1.37 | 4.58 | 0.02 | 0 |
| 2021 (8) | 3.48 | 1.46 | 0 | 0 | 0.61 | -1.61 | 0 | 0 | 4.93 | -22.24 | -0.34 | 0 | 0.12 | -29.41 | 2.43 | -9.22 | 0.04 | 0.0 | 2.19 | -22.89 | 4.72 | -11.28 | 0 | 0 | 4.9 | 0.0 | 0.7 | 1.45 | 0 | 0 | 1.88 | -19.31 | 2.58 | -14.57 | -0.57 | 0 | 1.31 | -44.96 | 0.00 | 0 |
| 2020 (7) | 3.43 | 70.65 | 0 | 0 | 0.62 | 3.33 | 0 | 0 | 6.34 | -8.12 | 0.09 | 0 | 0.17 | -45.16 | 2.68 | -40.32 | 0.04 | 0.0 | 2.84 | 5.97 | 5.32 | -2.39 | 0 | 0 | 4.9 | 0.0 | 0.69 | 0.0 | 0 | 0 | 2.33 | 4.02 | 3.02 | 3.07 | 0.05 | 0.0 | 2.38 | 3.93 | 0.00 | 0 |
| 2019 (6) | 2.01 | -29.72 | 0 | 0 | 0.6 | -4.76 | 0 | 0 | 6.9 | 12.01 | -0.07 | 0 | 0.31 | -3.12 | 4.49 | -13.51 | 0.04 | 0.0 | 2.68 | 77.48 | 5.45 | -9.92 | 0.01 | 0.0 | 4.9 | 0.0 | 0.69 | 0.0 | 0 | 0 | 2.24 | -8.57 | 2.93 | -6.69 | 0.05 | -54.55 | 2.29 | -10.55 | 0.00 | 0 |
| 2018 (5) | 2.86 | -34.55 | 0 | 0 | 0.63 | 8.62 | 0 | 0 | 6.16 | -5.23 | -0.3 | 0 | 0.32 | 166.67 | 5.19 | 181.39 | 0.04 | 0.0 | 1.51 | 1410.0 | 6.05 | -9.02 | 0.01 | -50.0 | 4.9 | 0.0 | 0.69 | 0.0 | 0 | 0 | 2.45 | -12.5 | 3.14 | -10.29 | 0.11 | 0 | 2.56 | -8.57 | 0.00 | 0 |
| 2017 (4) | 4.37 | -19.96 | 0 | 0 | 0.58 | 48.72 | 0 | 0 | 6.5 | -7.01 | -0.11 | 0 | 0.12 | 9.09 | 1.85 | 17.31 | 0.04 | 0.0 | 0.1 | 0.0 | 6.65 | 38.25 | 0.02 | -33.33 | 4.9 | 0.0 | 0.69 | 6.15 | 0 | 0 | 2.8 | -9.68 | 3.5 | -6.67 | 0 | 0 | 2.8 | -9.68 | 0.00 | 0 |
| 2016 (3) | 5.46 | -1.09 | 0 | 0 | 0.39 | 160.0 | 0 | 0 | 6.99 | -15.68 | 0.44 | -83.33 | 0.11 | 57.14 | 1.57 | 86.37 | 0.04 | 0.0 | 0.1 | 0.0 | 4.81 | 146.67 | 0.03 | 0.0 | 4.9 | 3.16 | 0.65 | 71.05 | 0 | 0 | 3.1 | -25.3 | 3.75 | -17.4 | 0 | 0 | 3.1 | -25.3 | 0.00 | 0 |
| 2015 (2) | 5.52 | 40.82 | 0 | 0 | 0.15 | -60.53 | 0 | 0 | 8.29 | -1.54 | 2.64 | 76.0 | 0.07 | -41.67 | 0.84 | -40.75 | 0.04 | 33.33 | 0.1 | 0.0 | 1.95 | -42.31 | 0.03 | 0.0 | 4.75 | 12.03 | 0.38 | 65.22 | 0 | 0 | 4.15 | 98.56 | 4.54 | 94.85 | 0 | 0 | 4.15 | 98.56 | 0.00 | 0 |
| 2014 (1) | 3.92 | 30.67 | 0 | 0 | 0.38 | 8.57 | 0 | 0 | 8.42 | 43.69 | 1.5 | 72.41 | 0.12 | 50.0 | 1.43 | 4.39 | 0.03 | -25.0 | 0.1 | 0.0 | 3.38 | 63.29 | 0.03 | 200.0 | 4.24 | 20.11 | 0.23 | 53.33 | 0 | 0 | 2.09 | 33.97 | 2.33 | 37.06 | 0 | 0 | 2.09 | 33.97 | 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) | 2.33 | -24.6 | -23.61 | 0.4 | 0.0 | 0 | 1.21 | 53.16 | 80.6 | 0 | 0 | 0 | 0.8 | 9.59 | -29.2 | -0.55 | -3.77 | -120.0 | 0.07 | -12.5 | 75.0 | 2.03 | -4.13 | 198.26 | 0.03 | 0.0 | 0.0 | 2.25 | -2.17 | 5.14 | 4.47 | 5.92 | 8.23 | 0.02 | 0.0 | 0 | 6.0 | 0.0 | 20.0 | 0 | -100.0 | -100.0 | 0 | -100.0 | 0 | 0 | -100.0 | -100.0 | 1.26 | -30.0 | -51.91 | -0.57 | -7.55 | -5.56 | -0.57 | -714.29 | -141.91 | 0.05 | 0.16 | 42.41 |
| 24Q2 (19) | 3.09 | 55.28 | 13.6 | 0.4 | 0.0 | 0 | 0.79 | 3.95 | 17.91 | 0 | 0 | 0 | 0.73 | -18.89 | -44.7 | -0.53 | -657.14 | -341.67 | 0.08 | 60.0 | 33.33 | 2.12 | 84.97 | 130.34 | 0.03 | 0.0 | -25.0 | 2.3 | 0.0 | 10.05 | 4.22 | 6.3 | 13.44 | 0.02 | 0 | 0 | 6.0 | 20.0 | 20.0 | 0.71 | 0.0 | 1.43 | 0.63 | 0 | 0 | 0.46 | -71.6 | -78.7 | 1.8 | -22.75 | -37.06 | -0.53 | 5.36 | 13.11 | -0.07 | -106.6 | -104.52 | 0.05 | -15.96 | 183.68 |
| 24Q1 (18) | 1.99 | -35.6 | -48.45 | 0.4 | 0.0 | 0 | 0.76 | 0.0 | -69.96 | 0 | 0 | 0 | 0.9 | -11.76 | -50.55 | -0.07 | 68.18 | -117.95 | 0.05 | -44.44 | 0.0 | 1.14 | -32.75 | 37.07 | 0.03 | 0.0 | -25.0 | 2.3 | 13.3 | 11.65 | 3.97 | 0.76 | 95.57 | 0 | 0 | 0 | 5.0 | 0.0 | 2.04 | 0.71 | 0.0 | 1.43 | 0 | 0 | 0 | 1.62 | -4.14 | -31.93 | 2.33 | -2.92 | -24.35 | -0.56 | 11.11 | 13.85 | 1.06 | 0.0 | -38.73 | 0.06 | -5.02 | 224.59 |
| 23Q4 (17) | 3.09 | 1.31 | -24.26 | 0.4 | 0 | 0 | 0.76 | 13.43 | -70.77 | 0 | 0 | 0 | 1.02 | -9.73 | -36.65 | -0.22 | 12.0 | -833.33 | 0.09 | 125.0 | -35.71 | 1.70 | 150.09 | -28.06 | 0.03 | 0.0 | -40.0 | 2.03 | -5.14 | -2.87 | 3.94 | -4.6 | 84.98 | 0 | 0 | 0 | 5.0 | 0.0 | 2.04 | 0.71 | 0.0 | 1.43 | 0 | 0 | 0 | 1.69 | -11.05 | -15.5 | 2.4 | -8.4 | -11.11 | -0.63 | -16.67 | 0.0 | 1.06 | -22.06 | -22.63 | 0.06 | 78.13 | 231.38 |
| 23Q3 (16) | 3.05 | 12.13 | -11.59 | 0 | 0 | 0 | 0.67 | 0.0 | -62.98 | 0 | 0 | 0 | 1.13 | -14.39 | -36.52 | -0.25 | -108.33 | -219.05 | 0.04 | -33.33 | -82.61 | 0.68 | -25.96 | -82.14 | 0.03 | -25.0 | -25.0 | 2.14 | 2.39 | -0.93 | 4.13 | 11.02 | 34.53 | 0 | 0 | 0 | 5.0 | 0.0 | 2.04 | 0.71 | 1.43 | 1.43 | 0 | 0 | 0 | 1.9 | -12.04 | -3.06 | 2.62 | -8.39 | -1.5 | -0.54 | 11.48 | 5.26 | 1.36 | -12.26 | -2.16 | 0.03 | 99.51 | 0 |
| 23Q2 (15) | 2.72 | -29.53 | -13.38 | 0 | 0 | 0 | 0.67 | -73.52 | -63.19 | 0 | 0 | 0 | 1.32 | -27.47 | 69.23 | -0.12 | -130.77 | 66.67 | 0.06 | 20.0 | 20.0 | 0.92 | 10.08 | -10.69 | 0.04 | 0.0 | 33.33 | 2.09 | 1.46 | -6.7 | 3.72 | 83.25 | 15.89 | 0 | 0 | 0 | 5.0 | 2.04 | 2.04 | 0.7 | 0.0 | 0.0 | 0 | 0 | 0 | 2.16 | -9.24 | 23.43 | 2.86 | -7.14 | 16.73 | -0.61 | 6.15 | -22.0 | 1.55 | -10.4 | 24.0 | 0.02 | -3.84 | 0 |
| 23Q1 (14) | 3.86 | -5.39 | 4.04 | 0 | 0 | 0 | 2.53 | -2.69 | 308.06 | 0 | 0 | 0 | 1.82 | 13.04 | 4.0 | 0.39 | 1200.0 | 62.5 | 0.05 | -64.29 | -16.67 | 0.83 | -64.7 | -32.8 | 0.04 | -20.0 | 0.0 | 2.06 | -1.44 | -8.04 | 2.03 | -4.69 | -55.38 | 0 | 0 | 0 | 4.9 | 0.0 | 0.0 | 0.7 | 0.0 | 0.0 | 0 | 0 | 0 | 2.38 | 19.0 | 12.26 | 3.08 | 14.07 | 9.22 | -0.65 | -3.17 | -27.45 | 1.73 | 26.28 | 7.45 | 0.02 | -3.03 | 0 |
| 22Q4 (13) | 4.08 | 18.26 | 17.24 | 0 | 0 | 0 | 2.6 | 43.65 | 326.23 | 0 | 0 | 0 | 1.61 | -9.55 | -6.94 | 0.03 | -85.71 | -89.29 | 0.14 | -39.13 | 16.67 | 2.36 | -37.9 | -2.84 | 0.05 | 25.0 | 25.0 | 2.09 | -3.24 | -4.57 | 2.13 | -30.62 | -54.87 | 0 | 0 | 0 | 4.9 | 0.0 | 0.0 | 0.7 | 0.0 | 0.0 | 0 | 0 | 0 | 2.0 | 2.04 | 6.38 | 2.7 | 1.5 | 4.65 | -0.63 | -10.53 | -10.53 | 1.37 | -1.44 | 4.58 | 0.02 | 0 | 0 |
| 22Q3 (12) | 3.45 | 9.87 | 21.91 | 0 | 0 | 0 | 1.81 | -0.55 | 178.46 | 0 | 0 | 0 | 1.78 | 128.21 | 196.67 | 0.21 | 158.33 | 141.18 | 0.23 | 360.0 | 475.0 | 3.81 | 270.13 | 391.23 | 0.04 | 33.33 | 100.0 | 2.16 | -3.57 | 3.35 | 3.07 | -4.36 | -36.57 | 0 | 0 | 0 | 4.9 | 0.0 | 0.0 | 0.7 | 0.0 | 0.0 | 0 | 0 | 0 | 1.96 | 12.0 | 23.27 | 2.66 | 8.57 | 16.16 | -0.57 | -14.0 | 17.39 | 1.39 | 11.2 | 54.44 | 0.00 | 0 | 0 |
| 22Q2 (11) | 3.14 | -15.36 | 5.37 | 0 | 0 | 0 | 1.82 | 193.55 | 180.0 | 0 | 0 | 0 | 0.78 | -55.43 | 4.0 | -0.36 | -250.0 | -5.88 | 0.05 | -16.67 | 150.0 | 1.03 | -17.18 | 239.51 | 0.03 | -25.0 | 0.0 | 2.24 | 0.0 | -5.88 | 3.21 | -29.45 | -35.8 | 0 | 0 | 0 | 4.9 | 0.0 | 0.0 | 0.7 | 0.0 | 1.45 | 0 | 0 | 0 | 1.75 | -17.45 | -20.81 | 2.45 | -13.12 | -15.52 | -0.5 | 1.96 | -25.0 | 1.25 | -22.36 | -30.94 | 0.00 | 0 | 0 |
| 22Q1 (10) | 3.71 | 6.61 | 2.49 | 0 | 0 | 0 | 0.62 | 1.64 | -3.12 | 0 | 0 | 0 | 1.75 | 1.16 | -5.41 | 0.24 | -14.29 | 4.35 | 0.06 | -50.0 | -45.45 | 1.24 | -48.96 | -24.56 | 0.04 | 0.0 | 0.0 | 2.24 | 2.28 | -14.5 | 4.55 | -3.6 | -11.65 | 0 | 0 | 0 | 4.9 | 0.0 | 0.0 | 0.7 | 0.0 | 1.45 | 0 | 0 | 0 | 2.12 | 12.77 | -16.86 | 2.82 | 9.3 | -12.96 | -0.51 | 10.53 | -218.75 | 1.61 | 22.9 | -32.64 | 0.00 | 0 | 0 |
| 21Q4 (9) | 3.48 | 22.97 | 1.46 | 0 | 0 | 0 | 0.61 | -6.15 | -1.61 | 0 | 0 | 0 | 1.73 | 188.33 | -11.73 | 0.28 | 154.9 | 7.69 | 0.12 | 200.0 | -29.41 | 2.43 | 214.0 | -9.22 | 0.04 | 100.0 | 0.0 | 2.19 | 4.78 | -22.89 | 4.72 | -2.48 | -11.28 | 0 | 0 | 0 | 4.9 | 0.0 | 0.0 | 0.7 | 0.0 | 1.45 | 0 | 0 | 0 | 1.88 | 18.24 | -19.31 | 2.58 | 12.66 | -14.57 | -0.57 | 17.39 | -1240.0 | 1.31 | 45.56 | -44.96 | 0.00 | 0 | 0 |
| 21Q3 (8) | 2.83 | -5.03 | 10.55 | 0 | 0 | 0 | 0.65 | 0.0 | 8.33 | 0 | 0 | 0 | 0.6 | -20.0 | -70.59 | -0.51 | -50.0 | -227.5 | 0.04 | 100.0 | -87.88 | 0.78 | 155.81 | -85.41 | 0.02 | -33.33 | -50.0 | 2.09 | -12.18 | -28.91 | 4.84 | -3.2 | -8.51 | 0 | 0 | 0 | 4.9 | 0.0 | 0.0 | 0.7 | 1.45 | 1.45 | 0 | 0 | 0 | 1.59 | -28.05 | -22.82 | 2.29 | -21.03 | -16.73 | -0.69 | -72.5 | -560.0 | 0.9 | -50.28 | -59.28 | 0.00 | 0 | 0 |
| 21Q2 (7) | 2.98 | -17.68 | 69.32 | 0 | 0 | 0 | 0.65 | 1.56 | 8.33 | 0 | 0 | 0 | 0.75 | -59.46 | -9.64 | -0.34 | -247.83 | 26.09 | 0.02 | -81.82 | -77.78 | 0.30 | -81.6 | 0 | 0.03 | -25.0 | 0.0 | 2.38 | -9.16 | -17.93 | 5.0 | -2.91 | -2.91 | 0 | 0 | -100.0 | 4.9 | 0.0 | 0.0 | 0.69 | 0.0 | 0.0 | 0 | 0 | 0 | 2.21 | -13.33 | 33.13 | 2.9 | -10.49 | 23.4 | -0.4 | -150.0 | -600.0 | 1.81 | -24.27 | 4.02 | 0.00 | 0 | 0 |
| 21Q1 (6) | 3.62 | 5.54 | 101.11 | 0 | 0 | 0 | 0.64 | 3.23 | 6.67 | 0 | 0 | 0 | 1.85 | -5.61 | 22.52 | 0.23 | -11.54 | 291.67 | 0.11 | -35.29 | 120.0 | 1.65 | -38.59 | 0 | 0.04 | 0.0 | 33.33 | 2.62 | -7.75 | -10.58 | 5.15 | -3.2 | -2.65 | 0 | 0 | -100.0 | 4.9 | 0.0 | 0.0 | 0.69 | 0.0 | 0.0 | 0 | 0 | 0 | 2.55 | 9.44 | 20.28 | 3.24 | 7.28 | 15.3 | -0.16 | -420.0 | -328.57 | 2.39 | 0.42 | 9.13 | 0.00 | 0 | 0 |
| 20Q4 (5) | 3.43 | 33.98 | 70.65 | 0 | 0 | 0 | 0.62 | 3.33 | 3.33 | 0 | 0 | 0 | 1.96 | -3.92 | 7.1 | 0.26 | -35.0 | 62.5 | 0.17 | -48.48 | -45.16 | 2.68 | -49.54 | 0 | 0.04 | 0.0 | 0.0 | 2.84 | -3.4 | 5.97 | 5.32 | 0.57 | -2.39 | 0 | 0 | -100.0 | 4.9 | 0.0 | 0.0 | 0.69 | 0.0 | 0.0 | 0 | 0 | -100.0 | 2.33 | 13.11 | 0 | 3.02 | 9.82 | 3.07 | 0.05 | -66.67 | 0.0 | 2.38 | 7.69 | 4660.0 | 0.00 | 0 | 0 |
| 20Q3 (4) | 2.56 | 45.45 | 0.0 | 0 | 0 | 0.0 | 0.6 | 0.0 | 0.0 | 0 | 0 | 0.0 | 2.04 | 145.78 | 0.0 | 0.4 | 186.96 | 0.0 | 0.33 | 266.67 | 0.0 | 5.31 | 0 | 0.0 | 0.04 | 33.33 | 0.0 | 2.94 | 1.38 | 0.0 | 5.29 | 2.72 | 0.0 | 0 | -100.0 | 0.0 | 4.9 | 0.0 | 0.0 | 0.69 | 0.0 | 0.0 | 0 | 0 | 0.0 | 2.06 | 24.1 | 0.0 | 2.75 | 17.02 | 0.0 | 0.15 | 87.5 | 0.0 | 2.21 | 27.01 | 0.0 | 0.00 | 0 | 0.0 |
