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 | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 (10) | 1.72 | -68.03 | 35.24 | 62.47 | 58.14 | 56.5 | 0 | 0 | 3.35 | -14.97 | -18.33 | 0 | 0.11 | -38.89 | 3.28 | -28.13 | 77.7 | 3.39 | 218.69 | -13.69 | 39.63 | -48.78 | 0.51 | -13.56 | 76.09 | 0.0 | 11.06 | 2.69 | 104.31 | 2.62 | -18.33 | 0 | 97.05 | -15.89 | 6.01 | 0.0 | -12.32 | 0 | 0.00 | 37.59 |
| 2019 (9) | 5.38 | -50.73 | 21.69 | 28.5 | 37.15 | -25.83 | 0 | 0 | 3.94 | 7.65 | 2.95 | -26.43 | 0.18 | 28.57 | 4.57 | 19.43 | 75.15 | 2.75 | 253.37 | 17.23 | 77.37 | 11.73 | 0.59 | -13.24 | 76.09 | 0.0 | 10.77 | 3.86 | 101.65 | 3.68 | 2.95 | -26.62 | 115.38 | 2.63 | 6.01 | 0 | 8.96 | 122.89 | 0.00 | 26.25 |
| 2018 (8) | 10.92 | -60.18 | 16.88 | 20.57 | 50.09 | -19.79 | 0 | 0 | 3.66 | -52.34 | 4.01 | -15.58 | 0.14 | 55.56 | 3.83 | 226.41 | 73.14 | 4.64 | 216.13 | 7.75 | 69.25 | 19.07 | 0.68 | -18.07 | 76.09 | 0.0 | 10.37 | 4.85 | 98.04 | 4.55 | 4.02 | -15.37 | 112.42 | 3.7 | 0 | 0 | 4.02 | -15.72 | 0.00 | -46.67 |
| 2017 (7) | 27.42 | -9.3 | 14.0 | -0.14 | 62.45 | 43.14 | 0 | 0 | 7.68 | 162.12 | 4.75 | 88.49 | 0.09 | 28.57 | 1.17 | -50.95 | 69.9 | 5.56 | 200.59 | 6.26 | 58.16 | 0.73 | 0.83 | 167.74 | 76.09 | 0.01 | 9.89 | 2.49 | 93.77 | 2.32 | 4.75 | 100.42 | 108.41 | 4.58 | 0.02 | 0.0 | 4.77 | 99.58 | 0.00 | 19.69 |
| 2016 (6) | 30.23 | 15.25 | 14.02 | -19.98 | 43.63 | 5.77 | 0 | 0 | 2.93 | -50.51 | 2.52 | -87.65 | 0.07 | 133.33 | 2.39 | 371.44 | 66.22 | 5.7 | 188.78 | 3.42 | 57.74 | 83.65 | 0.31 | -11.43 | 76.08 | 4.81 | 9.65 | 26.81 | 91.64 | 33.33 | 2.37 | -91.17 | 103.66 | 0.47 | 0.02 | -66.67 | 2.39 | -91.12 | 0.00 | -37.45 |
| 2015 (5) | 26.23 | -36.87 | 17.52 | 62.37 | 41.25 | 11.19 | 0 | 0 | 5.92 | -66.95 | 20.4 | -61.6 | 0.03 | 0.0 | 0.51 | 202.53 | 62.65 | 7.2 | 182.54 | 23.18 | 31.44 | 12.97 | 0.35 | 59.09 | 72.59 | 6.89 | 7.61 | 230.87 | 68.73 | 389.88 | 26.84 | -63.82 | 103.18 | 13.99 | 0.06 | -14.29 | 26.9 | -63.78 | 0.00 | 152.68 |
| 2014 (4) | 41.55 | 37.9 | 10.79 | 0.0 | 37.1 | -10.15 | 0 | 0 | 17.91 | -29.38 | 53.12 | 112.4 | 0.03 | 50.0 | 0.17 | 112.4 | 58.44 | -1.6 | 148.19 | 59.55 | 27.83 | 102.4 | 0.22 | -12.0 | 67.91 | 3.63 | 2.3 | 57.53 | 14.03 | 13.7 | 74.19 | 165.25 | 90.52 | 116.71 | 0.07 | 40.0 | 74.26 | 165.02 | 0.00 | 0 |
| 2013 (3) | 30.13 | 5.79 | 10.79 | 267.01 | 41.29 | -46.04 | 0 | 0 | 25.36 | 563.87 | 25.01 | 1362.57 | 0.02 | -86.67 | 0.08 | -97.99 | 59.39 | -35.93 | 92.88 | 41.91 | 13.75 | 23.32 | 0.25 | 78.57 | 65.53 | 0.0 | 1.46 | 13.18 | 12.34 | 0.0 | 27.97 | 793.61 | 41.77 | 149.22 | 0.05 | 150.0 | 28.02 | 789.52 | 0.00 | 0 |
| 2012 (2) | 28.48 | 0 | 2.94 | 0 | 76.52 | 0 | 0 | 0 | 3.82 | 0 | 1.71 | 0 | 0.15 | 0 | 3.93 | 0 | 92.7 | 0 | 65.45 | 0 | 11.15 | 0 | 0.14 | 0 | 65.53 | 0 | 1.29 | 0 | 12.34 | 0 | 3.13 | 0 | 16.76 | 0 | 0.02 | 0 | 3.15 | 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 | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21Q2 (20) | 0.52 | -70.45 | -81.56 | 45.52 | 25.3 | 22.53 | 0 | 0 | 0 | 0 | 0 | 0 | 0.67 | -14.1 | -5.63 | -9.17 | -393.01 | -64.04 | 0.08 | -52.94 | -63.64 | 2.51 | -52.35 | -57.82 | 13.25 | -0.08 | -0.97 | 213.06 | -2.82 | -15.18 | 43.89 | 8.13 | -18.99 | 0.45 | -6.25 | -21.05 | 76.09 | 0.0 | 0.0 | 11.06 | 0.0 | 0.0 | 104.31 | 0.0 | 0.0 | -29.36 | -45.42 | -294.09 | 86.02 | -9.63 | -20.29 | 6.01 | 0.0 | 0.0 | -23.35 | -64.67 | -1521.53 | 0.00 | 40.56 | 69.44 |
| 21Q1 (19) | 1.76 | 2.33 | -60.71 | 36.33 | 3.65 | -6.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0.78 | -7.14 | -13.33 | -1.86 | 73.84 | 0.53 | 0.17 | 54.55 | -10.53 | 5.26 | 60.29 | 8.59 | 13.26 | 0.3 | -1.56 | 219.25 | 0.26 | -13.83 | 40.59 | 2.42 | -46.37 | 0.48 | -5.88 | -20.0 | 76.09 | 0.0 | 0.0 | 11.06 | 0.0 | 2.69 | 104.31 | 0.0 | 2.62 | -20.19 | -10.15 | -1952.29 | 95.19 | -1.92 | -16.14 | 6.01 | 0.0 | 0.0 | -14.18 | -15.1 | -299.72 | 0.00 | -9.06 | 10.3 |
| 20Q4 (18) | 1.72 | 2.99 | -68.03 | 35.05 | -5.24 | 61.6 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.84 | -6.67 | -16.83 | -7.11 | -88.59 | -513.37 | 0.11 | -54.17 | -38.89 | 3.28 | -51.84 | -28.13 | 13.22 | 0.08 | -82.42 | 218.69 | -2.64 | -13.69 | 39.63 | -28.9 | -48.78 | 0.51 | -3.77 | -13.56 | 76.09 | 0.0 | 0.0 | 11.06 | 0.0 | 2.69 | 104.31 | 0.0 | 2.62 | -18.33 | -63.37 | -721.36 | 97.05 | -6.83 | -15.89 | 6.01 | 0.0 | 0.0 | -12.32 | -136.47 | -237.5 | 0.00 | 29.94 | 37.59 |
| 20Q3 (17) | 1.67 | -40.78 | -68.9 | 36.99 | -0.43 | 127.91 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.9 | 26.76 | -16.67 | -3.77 | 32.56 | -1147.22 | 0.24 | 9.09 | 20.0 | 6.82 | 14.67 | 27.16 | 13.21 | -1.27 | -82.29 | 224.63 | -10.58 | -9.25 | 55.74 | 2.88 | -29.81 | 0.53 | -7.02 | -10.17 | 76.09 | 0.0 | 0.0 | 11.06 | 0.0 | 2.69 | 104.31 | 0.0 | 2.62 | -11.22 | -50.6 | -379.49 | 104.16 | -3.48 | -5.38 | 6.01 | 0.0 | -1.96 | -5.21 | -261.81 | -237.47 | 0.00 | 2.01 | 2.88 |
| 20Q2 (16) | 2.82 | -37.05 | -45.35 | 37.15 | -4.69 | 119.3 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.71 | -21.11 | -23.66 | -5.59 | -198.93 | -9416.67 | 0.22 | 15.79 | 29.41 | 5.95 | 22.67 | 22.77 | 13.38 | -0.67 | -81.88 | 251.2 | -1.27 | 1.64 | 54.18 | -28.41 | -34.34 | 0.57 | -5.0 | -10.94 | 76.09 | 0.0 | 0.0 | 11.06 | 2.69 | 2.69 | 104.31 | 2.62 | 2.62 | -7.45 | -783.49 | -175.93 | 107.92 | -4.92 | -1.64 | 6.01 | 0.0 | -1.96 | -1.44 | -120.28 | -141.98 | 0.00 | -8.5 | 33.54 |
| 20Q1 (15) | 4.48 | -16.73 | -47.54 | 38.98 | 79.71 | 127.29 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0.9 | -10.89 | -2.17 | -1.87 | -208.72 | -328.05 | 0.19 | 5.56 | 18.75 | 4.85 | 6.09 | 17.24 | 13.47 | -82.09 | -81.64 | 254.44 | 0.42 | 4.14 | 75.68 | -2.18 | -7.9 | 0.6 | 1.69 | -7.69 | 76.09 | 0.0 | 0.0 | 10.77 | 0.0 | 3.86 | 101.65 | 0.0 | 3.68 | 1.09 | -63.05 | -13.49 | 113.51 | -1.62 | 3.51 | 6.01 | 0.0 | -1.96 | 7.1 | -20.76 | -3.92 | 0.00 | 13.44 | 45.52 |
| 19Q4 (14) | 5.38 | 0.19 | -50.73 | 21.69 | 33.64 | 28.5 | 37.15 | -4.18 | -25.83 | 0 | 0 | 0 | 1.01 | -6.48 | 26.25 | 1.72 | 377.78 | -47.08 | 0.18 | -10.0 | 28.57 | 4.57 | -14.8 | 19.11 | 75.2 | 0.83 | 3.04 | 253.37 | 2.36 | 17.23 | 77.37 | -2.57 | 11.73 | 0.59 | 0.0 | -13.24 | 76.09 | 0.0 | 0.0 | 10.77 | 0.0 | 3.86 | 101.65 | 0.0 | 3.68 | 2.95 | 226.07 | -26.62 | 115.38 | 4.81 | 2.63 | 6.01 | -1.96 | 0 | 8.96 | 136.41 | 122.89 | 0.00 | -2.84 | 26.25 |
| 19Q3 (13) | 5.37 | 4.07 | -58.18 | 16.23 | -4.19 | -6.62 | 38.77 | -5.55 | -29.6 | 0 | 0 | 0 | 1.08 | 16.13 | 25.58 | 0.36 | 500.0 | 150.7 | 0.2 | 17.65 | 122.22 | 5.36 | 10.71 | 106.73 | 74.58 | 0.97 | 2.56 | 247.52 | 0.15 | 18.04 | 79.41 | -3.76 | 25.43 | 0.59 | -7.81 | -18.06 | 76.09 | 0.0 | 0.0 | 10.77 | 0.0 | 3.86 | 101.65 | 0.0 | 3.68 | -2.34 | 13.33 | -407.89 | 110.08 | 0.33 | 0.83 | 6.13 | 0.0 | 61200.0 | 3.79 | 10.5 | 392.21 | 0.00 | 32.42 | 27.3 |
| 19Q2 (12) | 5.16 | -39.58 | -74.21 | 16.94 | -1.22 | -3.09 | 41.05 | 2.83 | -17.27 | 0 | 0 | 0 | 0.93 | 1.09 | -27.91 | 0.06 | -92.68 | -95.2 | 0.17 | 6.25 | 142.86 | 4.84 | 17.15 | 131.09 | 73.86 | 0.67 | 2.53 | 247.15 | 1.15 | 18.71 | 82.51 | 0.41 | 16.51 | 0.64 | -1.54 | -15.79 | 76.09 | 0.0 | 0.0 | 10.77 | 3.86 | 3.86 | 101.65 | 3.68 | 3.68 | -2.7 | -314.29 | -282.43 | 109.72 | 0.05 | -0.15 | 6.13 | 0.0 | 30550.0 | 3.43 | -53.59 | 128.67 | 0.00 | -0.29 | -3.91 |
| 19Q1 (11) | 8.54 | -21.79 | -54.45 | 17.15 | 1.6 | 23.83 | 39.92 | -20.3 | -32.62 | 0 | 0 | 0 | 0.92 | 15.0 | 31.43 | 0.82 | -74.77 | 272.73 | 0.16 | 14.29 | 166.67 | 4.13 | 7.79 | 369.25 | 73.37 | 0.53 | 3.27 | 244.33 | 13.05 | 19.76 | 82.17 | 18.66 | 43.7 | 0.65 | -4.41 | -18.75 | 76.09 | 0.0 | 0.0 | 10.37 | 0.0 | 4.85 | 98.04 | 0.0 | 4.55 | 1.26 | -68.66 | -74.65 | 109.66 | -2.46 | 0.95 | 6.13 | 0 | 30550.0 | 7.39 | 83.83 | 48.1 | 0.00 | -1.58 | -51.67 |
| 18Q4 (10) | 10.92 | -14.95 | -60.18 | 16.88 | -2.88 | 20.57 | 50.09 | -9.04 | -19.79 | 0 | 0 | 0 | 0.8 | -6.98 | 29.03 | 3.25 | 557.75 | 31.58 | 0.14 | 55.56 | 55.56 | 3.84 | 47.88 | 227.73 | 72.98 | 0.36 | 4.41 | 216.13 | 3.07 | 7.75 | 69.25 | 9.38 | 19.07 | 0.68 | -5.56 | -18.07 | 76.09 | 0.0 | 0.0 | 10.37 | 0.0 | 4.85 | 98.04 | 0.0 | 4.55 | 4.02 | 428.95 | -15.37 | 112.42 | 2.98 | 3.7 | 0 | -100.0 | -100.0 | 4.02 | 422.08 | -15.72 | 0.00 | -2.03 | -46.67 |
| 18Q3 (9) | 12.84 | -35.83 | 0 | 17.38 | -0.57 | 0 | 55.07 | 10.98 | 0 | 0 | 0 | 0 | 0.86 | -33.33 | 17.81 | -0.71 | -156.8 | 16.47 | 0.09 | 28.57 | 0 | 2.59 | 23.75 | 0 | 72.72 | 0.94 | 0 | 209.69 | 0.72 | 0 | 63.31 | -10.6 | 0 | 0.72 | -5.26 | 0 | 76.09 | 0.0 | 0.0 | 10.37 | 0.0 | 0 | 98.04 | 0.0 | 0 | 0.76 | -48.65 | 0 | 109.17 | -0.65 | 3.05 | 0.01 | -50.0 | 0 | 0.77 | -48.67 | 0 | 0.00 | -0.05 | -50.78 |
| 18Q2 (8) | 20.01 | 6.72 | 0 | 17.48 | 26.21 | 0 | 49.62 | -16.25 | 0 | 0 | 0 | 0 | 1.29 | 84.29 | -72.9 | 1.25 | 468.18 | -55.99 | 0.07 | 16.67 | 0 | 2.10 | 137.87 | 0 | 72.04 | 1.39 | 0 | 208.2 | 2.05 | 0 | 70.82 | 23.85 | 0 | 0.76 | -5.0 | 0 | 76.09 | 0.0 | 0.0 | 10.37 | 4.85 | 0 | 98.04 | 4.55 | 0 | 1.48 | -70.22 | 0 | 109.88 | 1.15 | 2.89 | 0.02 | 0.0 | 0 | 1.5 | -69.94 | 0 | 0.00 | -49.85 | -54.15 |
| 18Q1 (7) | 18.75 | -31.62 | 0 | 13.85 | -1.07 | 0 | 59.25 | -5.12 | 0 | 0 | 0 | 0 | 0.7 | 12.9 | -55.7 | 0.22 | -91.09 | -24.14 | 0.06 | -33.33 | 0 | 0.88 | -24.72 | 0 | 71.05 | 1.65 | 0 | 204.02 | 1.71 | 0 | 57.18 | -1.69 | 0 | 0.8 | -3.61 | 0 | 76.09 | 0.0 | 0.01 | 9.89 | 0.0 | 0 | 93.77 | 0.0 | 0 | 4.97 | 4.63 | 0 | 108.63 | 0.2 | 4.5 | 0.02 | 0.0 | 0 | 4.99 | 4.61 | 0 | 0.00 | 8.6 | -21.77 |
| 17Q4 (6) | 27.42 | 0 | 0 | 14.0 | 0 | 0 | 62.45 | 0 | 0 | 0 | 0 | 0 | 0.62 | -15.07 | -25.3 | 2.47 | 390.59 | 212.66 | 0.09 | 0 | 0 | 1.17 | 0 | 0 | 69.9 | 0 | 0 | 200.59 | 0 | 0 | 58.16 | 0 | 0 | 0.83 | 0 | 0 | 76.09 | 0.0 | 0.01 | 9.89 | 0 | 0 | 93.77 | 0 | 0 | 4.75 | 0 | 0 | 108.41 | 2.33 | 4.58 | 0.02 | 0 | 0 | 4.77 | 0 | 0 | 0.00 | -9.58 | 19.69 |
| 17Q3 (5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.73 | -84.66 | 1.39 | -0.85 | -129.93 | 40.56 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 76.09 | 0.0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 105.94 | -0.8 | 2.98 | 0 | 0 | 0 | 0 | 0 | 0 | 0.00 | -6.89 | 0 |
| 17Q2 (4) | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 4.76 | 201.27 | 0.0 | 2.84 | 879.31 | 0.0 | 0 | 0 | 0.0 | 0.00 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 76.09 | 0.01 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 106.79 | 2.73 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.00 | -14.44 | 0.0 |
