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) | 8.34 | 24.48 | 11.8 | -26.3 | 0 | 0 | 0 | 0 | 80.01 | -10.62 | 1.19 | -8.46 | 19.33 | -2.72 | 24.16 | 8.85 | 14.69 | 9.63 | 2.66 | 6.83 | 14.35 | 55.47 | 11.57 | -5.78 | 20.91 | 0.0 | 6.49 | 2.53 | 2.21 | 0.0 | 1.57 | -4.85 | 10.26 | 0.79 | -1.11 | 0 | 0.46 | 35.29 | 0.50 | 5.86 |
| 2022 (9) | 6.7 | 19.01 | 16.01 | -14.75 | 0 | 0 | 0 | 0 | 89.52 | 8.51 | 1.3 | 42.86 | 19.87 | -6.1 | 22.20 | -13.46 | 13.4 | -6.94 | 2.49 | 54.66 | 9.23 | 301.3 | 12.28 | -6.47 | 20.91 | 0.0 | 6.33 | 1.61 | 2.21 | 0.0 | 1.65 | 77.42 | 10.18 | 8.64 | -1.31 | 0 | 0.34 | 385.71 | 0.47 | 0.9 |
| 2021 (8) | 5.63 | -12.85 | 18.78 | 56.89 | 0.45 | 0 | 0 | 0 | 82.5 | 24.87 | 0.91 | 203.33 | 21.16 | 27.47 | 25.65 | 2.08 | 14.4 | 33.58 | 1.61 | -12.97 | 2.3 | -11.54 | 13.13 | -6.55 | 20.91 | 0.0 | 6.23 | -0.8 | 2.21 | 0.0 | 0.93 | 57.63 | 9.37 | 3.19 | -0.86 | 0 | 0.07 | 0 | 0.46 | 1.23 |
| 2020 (7) | 6.46 | -26.17 | 11.97 | 3.91 | 0 | 0 | 0 | 0 | 66.07 | -8.55 | 0.3 | -52.38 | 16.6 | -11.04 | 25.12 | -2.72 | 10.78 | 6.84 | 1.85 | 37.04 | 2.6 | -34.34 | 14.05 | 5.09 | 20.91 | 0.0 | 6.28 | 0.64 | 2.21 | -1.78 | 0.59 | -10.61 | 9.08 | -0.87 | -1.81 | 0 | -1.22 | 0 | 0.46 | 3.37 |
| 2019 (6) | 8.75 | 64.47 | 11.52 | 2.22 | 0 | 0 | 0 | 0 | 72.25 | 4.17 | 0.63 | 75.0 | 18.66 | 4.07 | 25.83 | -0.09 | 10.09 | 8.49 | 1.35 | -4.93 | 3.96 | 0 | 13.37 | -3.54 | 20.91 | 0.0 | 6.24 | 0.48 | 2.25 | 2.74 | 0.66 | -46.77 | 9.16 | -4.98 | -1.57 | 0 | -0.91 | 0 | 0.44 | 2.18 |
| 2018 (5) | 5.32 | -34.0 | 11.27 | 52.71 | 0 | 0 | 0 | 0 | 69.36 | -2.65 | 0.36 | -7.69 | 17.93 | 13.55 | 25.85 | 16.65 | 9.3 | 1.09 | 1.42 | 89.33 | 0 | 0 | 13.86 | -5.78 | 20.91 | 0.0 | 6.21 | -4.75 | 2.19 | -6.41 | 1.24 | 226.32 | 9.64 | 4.22 | -2.24 | 0 | -1.0 | 0 | 0.43 | -0.9 |
| 2017 (4) | 8.06 | -29.05 | 7.38 | -39.66 | 0 | 0 | 0 | 0 | 71.25 | 7.53 | 0.39 | -59.79 | 15.79 | -5.28 | 22.16 | -11.91 | 9.2 | 6.98 | 0.75 | -53.42 | 0 | 0 | 14.71 | -5.46 | 20.91 | -1.37 | 6.52 | -0.31 | 2.34 | 1.74 | 0.38 | -56.82 | 9.25 | -4.84 | -1.55 | 0 | -1.17 | 0 | 0.44 | -0.35 |
| 2016 (3) | 11.36 | -27.55 | 12.23 | 71.77 | 0 | 0 | 0 | 0 | 66.26 | 12.4 | 0.97 | -7.62 | 16.67 | 133.8 | 25.16 | 108.01 | 8.6 | 69.96 | 1.61 | 143.94 | 0 | 0 | 15.56 | 77700.0 | 21.2 | 0.0 | 6.54 | -1.95 | 2.3 | 2.22 | 0.88 | -11.11 | 9.72 | -1.92 | -1.02 | 0 | -0.14 | 0 | 0.44 | 831.88 |
| 2015 (2) | 15.68 | 21.93 | 7.12 | 57.52 | 0 | 0 | 0 | 0 | 58.95 | -6.34 | 1.05 | -48.28 | 7.13 | -23.5 | 12.09 | -18.32 | 5.06 | -19.43 | 0.66 | 8.2 | 0 | 0 | 0.02 | -33.33 | 21.2 | 0.0 | 6.67 | 3.09 | 2.25 | -3.02 | 0.99 | -52.4 | 9.91 | -8.83 | -0.68 | 0 | 0.31 | -88.03 | 0.05 | 77.88 |
| 2014 (1) | 12.86 | 60.95 | 4.52 | 111.21 | 0 | 0 | 0 | 0 | 62.94 | 0.74 | 2.03 | 100.99 | 9.32 | -13.7 | 14.81 | -14.33 | 6.28 | -2.79 | 0.61 | 27.08 | 0 | 0 | 0.03 | -25.0 | 21.2 | -4.5 | 6.47 | 1.57 | 2.32 | 1.75 | 2.08 | 27.61 | 10.87 | 5.74 | 0.51 | 0 | 2.59 | 69.28 | 0.03 | 5.39 |
| 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) | 7.27 | -2.81 | -10.58 | 20.65 | 9.78 | 67.07 | 9.42 | 0 | 0 | 0 | 0 | 0 | 22.72 | -1.47 | 13.03 | 0.08 | -70.37 | -73.33 | 20.46 | -5.28 | 3.18 | 23.17 | -8.09 | -8.68 | 16.31 | 9.1 | 14.22 | 4.1 | 3.27 | 54.14 | 6.0 | -58.33 | -57.69 | 11.24 | -2.18 | -5.07 | 20.91 | 0.0 | 0.0 | 6.62 | 0.0 | 2.0 | 2.21 | 0.0 | 0.0 | 0.69 | 43.75 | -16.87 | 9.52 | 2.26 | -0.1 | 1.37 | -15.95 | 451.28 | 2.06 | -2.37 | 368.18 | 0.48 | 0.43 | -1.67 |
| 24Q2 (19) | 7.48 | -7.31 | -6.15 | 18.81 | 16.04 | 49.4 | 0 | 0 | 0 | 0 | 0 | 0 | 23.06 | 12.43 | 18.26 | 0.27 | 92.86 | 8.0 | 21.6 | 11.46 | 16.82 | 25.21 | 6.82 | 8.95 | 14.95 | -5.86 | 25.0 | 3.97 | 48.13 | 49.81 | 14.4 | 0.63 | 56.01 | 11.49 | -1.63 | -5.04 | 20.91 | 0.0 | 0.0 | 6.62 | 2.0 | 2.0 | 2.21 | 0.0 | 0.0 | 0.48 | -70.0 | -9.43 | 9.31 | -9.61 | 0.98 | 1.63 | 391.07 | 703.7 | 2.11 | 102.88 | 711.54 | 0.48 | -3.71 | -2.23 |
| 24Q1 (18) | 8.07 | -3.24 | -30.49 | 16.21 | 37.37 | -4.98 | 0 | 0 | 0 | 0 | 0 | 0 | 20.51 | -6.77 | 11.41 | 0.14 | -76.27 | 250.0 | 19.38 | 0.26 | 11.32 | 23.60 | -2.31 | 18.07 | 15.88 | 8.1 | 23.2 | 2.68 | 0.75 | -1.11 | 14.31 | -0.28 | 55.04 | 11.68 | 0.95 | -5.27 | 20.91 | 0.0 | 0.0 | 6.49 | 0.0 | 2.53 | 2.21 | 0.0 | 0.0 | 1.6 | 1.91 | -5.33 | 10.3 | 0.39 | 0.78 | -0.56 | 49.55 | 47.66 | 1.04 | 126.09 | 67.74 | 0.50 | 0.85 | -0.76 |
| 23Q4 (17) | 8.34 | 2.58 | 24.48 | 11.8 | -4.53 | -26.3 | 0 | 0 | 0 | 0 | 0 | 0 | 22.0 | 9.45 | 9.29 | 0.59 | 96.67 | 321.43 | 19.33 | -2.52 | -2.72 | 24.16 | -4.8 | 8.85 | 14.69 | 2.87 | 9.63 | 2.66 | 0.0 | 6.83 | 14.35 | 1.2 | 55.47 | 11.57 | -2.28 | -5.78 | 20.91 | 0.0 | 0.0 | 6.49 | 0.0 | 2.53 | 2.21 | 0.0 | 0.0 | 1.57 | 89.16 | -4.85 | 10.26 | 7.66 | 0.79 | -1.11 | -184.62 | 15.27 | 0.46 | 4.55 | 35.29 | 0.50 | 0.82 | 5.86 |
| 23Q3 (16) | 8.13 | 2.01 | 65.58 | 12.36 | -1.83 | -45.29 | 0 | 0 | 0 | 0 | 0 | 0 | 20.1 | 3.08 | -8.05 | 0.3 | 20.0 | -40.0 | 19.83 | 7.25 | -5.57 | 25.38 | 9.66 | 11.06 | 14.28 | 19.4 | -6.48 | 2.66 | 0.38 | 7.26 | 14.18 | 53.63 | 1189.09 | 11.84 | -2.15 | -5.13 | 20.91 | 0.0 | 0.0 | 6.49 | 0.0 | 2.53 | 2.21 | 0.0 | 0.0 | 0.83 | 56.6 | -41.13 | 9.53 | 3.36 | -4.22 | -0.39 | -44.44 | 63.21 | 0.44 | 69.23 | 25.71 | 0.49 | -0.14 | 6.38 |
| 23Q2 (15) | 7.97 | -31.35 | 7.41 | 12.59 | -26.2 | -34.05 | 0 | 0 | 0 | 0 | 0 | 0 | 19.5 | 5.92 | -26.94 | 0.25 | 525.0 | -10.71 | 18.49 | 6.2 | -0.32 | 23.14 | 15.76 | 14.11 | 11.96 | -7.21 | -13.65 | 2.65 | -2.21 | 6.85 | 9.23 | 0.0 | 739.09 | 12.1 | -1.87 | -4.57 | 20.91 | 0.0 | 0.0 | 6.49 | 2.53 | 2.53 | 2.21 | 0.0 | 0.0 | 0.53 | -68.64 | -43.01 | 9.22 | -9.78 | -2.54 | -0.27 | 74.77 | 67.47 | 0.26 | -58.06 | 160.0 | 0.49 | -2.26 | 7.0 |
| 23Q1 (14) | 11.61 | 73.28 | 111.09 | 17.06 | 6.56 | -12.11 | 0 | 0 | -100.0 | 0 | 0 | 0 | 18.41 | -8.54 | -11.66 | 0.04 | -71.43 | -89.19 | 17.41 | -12.38 | -7.74 | 19.99 | -9.94 | -10.41 | 12.89 | -3.81 | 2.55 | 2.71 | 8.84 | 45.7 | 9.23 | 0.0 | 1746.0 | 12.33 | 0.41 | -4.49 | 20.91 | 0.0 | 0.0 | 6.33 | 0.0 | 1.61 | 2.21 | 0.0 | 0.0 | 1.69 | 2.42 | 30.0 | 10.22 | 0.39 | 4.93 | -1.07 | 18.32 | -224.24 | 0.62 | 82.35 | -36.08 | 0.50 | 7.58 | 7.99 |
| 22Q4 (13) | 6.7 | 36.46 | 19.01 | 16.01 | -29.13 | -14.75 | 0 | 0 | -100.0 | 0 | 0 | 0 | 20.13 | -7.91 | -10.57 | 0.14 | -72.0 | -64.1 | 19.87 | -5.38 | -6.1 | 22.20 | -2.87 | -13.46 | 13.4 | -12.25 | -6.94 | 2.49 | 0.4 | 54.66 | 9.23 | 739.09 | 301.3 | 12.28 | -1.6 | -6.47 | 20.91 | 0.0 | 0.0 | 6.33 | 0.0 | 1.61 | 2.21 | 0.0 | 0.0 | 1.65 | 17.02 | 77.42 | 10.18 | 2.31 | 8.64 | -1.31 | -23.58 | -52.33 | 0.34 | -2.86 | 385.71 | 0.47 | 1.31 | 0.9 |
| 22Q3 (12) | 4.91 | -33.83 | 16.08 | 22.59 | 18.33 | 15.73 | 0 | 0 | -100.0 | 0 | 0 | 0 | 21.86 | -18.1 | 2.01 | 0.5 | 78.57 | 51.52 | 21.0 | 13.21 | -1.36 | 22.85 | 12.68 | -17.27 | 15.27 | 10.25 | 15.77 | 2.48 | 0.0 | 34.78 | 1.1 | 0.0 | -8.33 | 12.48 | -1.58 | -6.59 | 20.91 | 0.0 | 0.0 | 6.33 | 0.0 | 1.61 | 2.21 | 0.0 | 0.0 | 1.41 | 51.61 | 143.1 | 9.95 | 5.18 | 10.31 | -1.06 | -27.71 | 10.92 | 0.35 | 250.0 | 157.38 | 0.46 | 0.44 | -0.38 |
| 22Q2 (11) | 7.42 | 34.91 | 12.59 | 19.09 | -1.65 | 25.76 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 26.69 | 28.07 | 34.87 | 0.28 | -24.32 | 300.0 | 18.55 | -1.7 | 0.43 | 20.28 | -9.11 | -19.98 | 13.85 | 10.18 | 16.19 | 2.48 | 33.33 | 31.91 | 1.1 | 120.0 | 0 | 12.68 | -1.78 | -6.76 | 20.91 | 0.0 | 0.0 | 6.33 | 1.61 | 0.8 | 2.21 | 0.0 | 0.0 | 0.93 | -28.46 | 6.9 | 9.46 | -2.87 | 1.18 | -0.83 | -151.52 | 19.42 | 0.1 | -89.69 | 162.5 | 0.46 | -1.35 | -1.47 |
| 22Q1 (10) | 5.5 | -2.31 | -5.17 | 19.41 | 3.35 | 40.25 | 0.08 | -82.22 | 0 | 0 | 0 | 0 | 20.84 | -7.42 | 11.03 | 0.37 | -5.13 | 236.36 | 18.87 | -10.82 | 6.49 | 22.31 | -13.01 | -12.51 | 12.57 | -12.71 | 7.71 | 1.86 | 15.53 | -2.62 | 0.5 | -78.26 | -75.0 | 12.91 | -1.68 | -6.65 | 20.91 | 0.0 | 0.0 | 6.23 | 0.0 | -0.8 | 2.21 | 0.0 | 0.0 | 1.3 | 39.78 | 64.56 | 9.74 | 3.95 | 4.96 | -0.33 | 61.63 | 65.26 | 0.97 | 1285.71 | 706.25 | 0.47 | 0.51 | 1.55 |
| 21Q4 (9) | 5.63 | 33.1 | -12.85 | 18.78 | -3.79 | 56.89 | 0.45 | -27.42 | 0 | 0 | 0 | 0 | 22.51 | 5.04 | 31.71 | 0.39 | 18.18 | -11.36 | 21.16 | -0.61 | 27.47 | 25.65 | -7.14 | 2.08 | 14.4 | 9.17 | 33.58 | 1.61 | -12.5 | -12.97 | 2.3 | 91.67 | -11.54 | 13.13 | -1.72 | -6.55 | 20.91 | 0.0 | 0.0 | 6.23 | 0.0 | -0.8 | 2.21 | 0.0 | 0.0 | 0.93 | 60.34 | 57.63 | 9.37 | 3.88 | 3.19 | -0.86 | 27.73 | 52.49 | 0.07 | 111.48 | 105.74 | 0.46 | 0.02 | 1.23 |
| 21Q3 (8) | 4.23 | -35.81 | -45.7 | 19.52 | 28.59 | 50.15 | 0.62 | -60.51 | 0 | 0 | 0 | 0 | 21.43 | 8.29 | 24.38 | 0.33 | 371.43 | 135.71 | 21.29 | 15.27 | 29.98 | 27.62 | 8.99 | 12.79 | 13.19 | 10.65 | 24.2 | 1.84 | -2.13 | 35.29 | 1.2 | 0 | -62.96 | 13.36 | -1.76 | -6.7 | 20.91 | 0.0 | 0.0 | 6.23 | -0.8 | -0.8 | 2.21 | 0.0 | -1.78 | 0.58 | -33.33 | 583.33 | 9.02 | -3.53 | 7.25 | -1.19 | -15.53 | 38.97 | -0.61 | -281.25 | 70.53 | 0.46 | -0.65 | 1.99 |
| 21Q2 (7) | 6.59 | 13.62 | -25.11 | 15.18 | 9.68 | 78.38 | 1.57 | 0 | 0 | 0 | 0 | 0 | 19.79 | 5.43 | 20.74 | 0.07 | -36.36 | 177.78 | 18.47 | 4.23 | 15.58 | 25.34 | -0.63 | 0 | 11.92 | 2.14 | 26.27 | 1.88 | -1.57 | 39.26 | 0 | -100.0 | -100.0 | 13.6 | -1.66 | 5.43 | 20.91 | 0.0 | 0.0 | 6.28 | 0.0 | 0.0 | 2.21 | 0.0 | -1.78 | 0.87 | 10.13 | 400.0 | 9.35 | 0.75 | 13.47 | -1.03 | -8.42 | 49.26 | -0.16 | 0.0 | 93.1 | 0.47 | 1.68 | 4.9 |
| 21Q1 (6) | 5.8 | -10.22 | -39.71 | 13.84 | 15.62 | 31.81 | 0 | 0 | 0 | 0 | 0 | 0 | 18.77 | 9.83 | 22.2 | 0.11 | -75.0 | 161.11 | 17.72 | 6.75 | 11.94 | 25.50 | 1.51 | 0 | 11.67 | 8.26 | 19.69 | 1.91 | 3.24 | 41.48 | 2.0 | -23.08 | -49.87 | 13.83 | -1.57 | 5.25 | 20.91 | 0.0 | 0.0 | 6.28 | 0.0 | 0.64 | 2.21 | 0.0 | -1.78 | 0.79 | 33.9 | 64.58 | 9.28 | 2.2 | 3.34 | -0.95 | 47.51 | 67.13 | -0.16 | 86.89 | 93.36 | 0.46 | 0.19 | -0.11 |
| 20Q4 (5) | 6.46 | -17.07 | -26.17 | 11.97 | -7.92 | 3.91 | 0 | 0 | 0 | 0 | 0 | 0 | 17.09 | -0.81 | -4.58 | 0.44 | 214.29 | 158.82 | 16.6 | 1.34 | -11.04 | 25.12 | 2.6 | 0 | 10.78 | 1.51 | 6.84 | 1.85 | 36.03 | 37.04 | 2.6 | -19.75 | -34.34 | 14.05 | -1.89 | 5.09 | 20.91 | 0.0 | 0.0 | 6.28 | 0.0 | 0.64 | 2.21 | -1.78 | -1.78 | 0.59 | 591.67 | -10.61 | 9.08 | 7.97 | -0.87 | -1.81 | 7.18 | -15.29 | -1.22 | 41.06 | -34.07 | 0.46 | 0.77 | 3.37 |
| 20Q3 (4) | 7.79 | -11.48 | 0.0 | 13.0 | 52.76 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 17.23 | 5.13 | 0.0 | 0.14 | 255.56 | 0.0 | 16.38 | 2.5 | 0.0 | 24.49 | 0 | 0.0 | 10.62 | 12.5 | 0.0 | 1.36 | 0.74 | 0.0 | 3.24 | -19.2 | 0.0 | 14.32 | 11.01 | 0.0 | 20.91 | 0.0 | 0.0 | 6.28 | 0.0 | 0.0 | 2.25 | 0.0 | 0.0 | -0.12 | 58.62 | 0.0 | 8.41 | 2.06 | 0.0 | -1.95 | 3.94 | 0.0 | -2.07 | 10.78 | 0.0 | 0.46 | 2.18 | 0.0 |
