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 | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 (10) | 12.71 | 18.01 | 4.91 | 1718.52 | 0 | 0 | 0 | 0 | 88.15 | -14.54 | 3.06 | 24.39 | 3.0 | -11.24 | 3.40 | 3.86 | 20.95 | 31.68 | 0 | 0 | 0 | 0 | 0.08 | -63.64 | 7.61 | -0.65 | 0.8 | 45.45 | 3.09 | 0 | 3.28 | -7.34 | 7.18 | 75.12 | -3.42 | 0 | -0.14 | 0 | 0.00 | 0 |
| 2020 (9) | 10.77 | 140.94 | 0.27 | -97.04 | 0 | 0 | 0 | 0 | 103.15 | -12.12 | 2.46 | 0 | 3.38 | -49.63 | 3.28 | -42.68 | 15.91 | -35.92 | 0 | 0 | 0 | 0 | 0.22 | -40.54 | 7.66 | 0.0 | 0.55 | 0.0 | 0 | 0 | 3.54 | 221.82 | 4.1 | 148.48 | -3.09 | 0 | 0.45 | 0 | 0.00 | 0 |
| 2019 (8) | 4.47 | -3.46 | 9.11 | 7.94 | 0 | 0 | 0 | 0 | 117.37 | -2.3 | -0.72 | 0 | 6.71 | 11.46 | 5.72 | 14.08 | 24.83 | -17.32 | 0 | 0 | 0 | 0 | 0.37 | -13.95 | 7.66 | 0.0 | 0.55 | 0.0 | 0 | 0 | 1.1 | -57.85 | 1.65 | -47.78 | -1.33 | 0 | -0.23 | 0 | 0.00 | 0 |
| 2018 (7) | 4.63 | 33.05 | 8.44 | -39.24 | 0 | 0 | 0 | 0 | 120.13 | 0.84 | -0.22 | 0 | 6.02 | 11.9 | 5.01 | 10.96 | 30.03 | -18.64 | 0 | 0 | 0 | 0 | 0.43 | 19.44 | 7.66 | 0.0 | 0.55 | 3.77 | 0 | 0 | 2.61 | -14.98 | 3.16 | -12.22 | -0.96 | 0 | 1.65 | 25.0 | 0.00 | 0 |
| 2017 (6) | 3.48 | -43.51 | 13.89 | 304.96 | 0 | 0 | 0 | 0 | 119.13 | -2.36 | 0.29 | -91.69 | 5.38 | 5.28 | 4.52 | 7.83 | 36.91 | 30.98 | 0 | 0 | 0 | 0 | 0.36 | -14.29 | 7.66 | 0.0 | 0.53 | 194.44 | 0 | 0 | 3.07 | -50.64 | 3.6 | -43.75 | -1.75 | 0 | 1.32 | -81.51 | 0.00 | 0 |
| 2016 (5) | 6.16 | 225.93 | 3.43 | -75.9 | 0 | 0 | 0 | 0 | 122.01 | 4.68 | 3.49 | 96.07 | 5.11 | 0.0 | 4.19 | -4.48 | 28.18 | -22.58 | 0 | 0 | 0 | 0 | 0.42 | 68.0 | 7.66 | 15.02 | 0.18 | 0 | 0 | 0 | 6.22 | 84.02 | 6.4 | 89.35 | 0.92 | -18.58 | 7.14 | 58.31 | 0.00 | 0 |
| 2015 (4) | 1.89 | 52.42 | 14.23 | 24.61 | 0 | 0 | 0 | 0 | 116.55 | 8.3 | 1.78 | 9.2 | 5.11 | 8.96 | 4.38 | 0.61 | 36.4 | 3.7 | 0 | 0 | 0 | 0 | 0.25 | 0 | 6.66 | -13.05 | 0 | 0 | 0 | 0 | 3.38 | 106.1 | 3.38 | 106.1 | 1.13 | 438.1 | 4.51 | 143.78 | 0.00 | 0 |
| 2014 (3) | 1.24 | 36.26 | 11.42 | 618.24 | 0 | 0 | 0 | 0 | 107.62 | 2.38 | 1.63 | -6.32 | 4.69 | 105.7 | 4.36 | 100.92 | 35.1 | 48.6 | 0 | 0 | 0 | 0 | 0 | 0 | 7.66 | 26.61 | 0 | 0 | 0 | 0 | 1.64 | -81.45 | 1.64 | -81.45 | 0.21 | 0 | 1.85 | -76.43 | 0.00 | 0 |
| 2013 (2) | 0.91 | 12.35 | 1.59 | -58.38 | 0.09 | -97.52 | 0 | 0 | 105.12 | -1.68 | 1.74 | 83.16 | 2.28 | 365.31 | 2.17 | 373.27 | 23.62 | -17.81 | 0 | 0 | 0 | 0 | 0 | 0 | 6.05 | 1.34 | 0 | 0 | 0 | 0 | 8.84 | -3.7 | 8.84 | -3.7 | -0.99 | 0 | 7.85 | 2.21 | -0.00 | 0 |
| 2012 (1) | 0.81 | 0 | 3.82 | 0 | 3.63 | 0 | 0 | 0 | 106.92 | 0 | 0.95 | 0 | 0.49 | 0 | 0.46 | 0 | 28.74 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.97 | 0 | 0 | 0 | 0 | 0 | 9.18 | 0 | 9.18 | 0 | -1.5 | 0 | 7.68 | 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 | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 22Q1 (20) | 15.03 | 18.25 | 41.66 | 5.15 | 4.89 | 121.03 | 0 | 0 | 0 | 0 | 0 | 0 | 17.81 | -14.7 | -24.31 | 0.74 | -53.16 | 196.0 | 2.58 | -14.0 | -19.88 | 3.13 | -8.03 | 0.07 | 21.23 | 1.34 | 15.69 | 0 | 0 | 0 | 0 | 0 | 0 | 0.06 | -25.0 | -70.0 | 7.61 | 0.0 | -0.65 | 0.8 | 0.0 | 45.45 | 3.09 | 0.0 | 0 | 4.02 | 22.56 | 6.07 | 7.92 | 10.31 | 82.49 | -2.51 | 26.61 | 8.06 | 1.51 | 1178.57 | 42.45 | 0.00 | 0 | 0 |
| 21Q4 (19) | 12.71 | 138.01 | 18.01 | 4.91 | 3676.92 | 1718.52 | 0 | 0 | 0 | 0 | 0 | 0 | 20.88 | 10.95 | -20.61 | 1.58 | 125.71 | 39.82 | 3.0 | 21.46 | -11.24 | 3.40 | 28.93 | 3.86 | 20.95 | -20.46 | 31.68 | 0 | 0 | 0 | 0 | 0 | 0 | 0.08 | -46.67 | -63.64 | 7.61 | 0.0 | -0.65 | 0.8 | 0.0 | 45.45 | 3.09 | 0.0 | 0 | 3.28 | 94.08 | -7.34 | 7.18 | 28.67 | 75.12 | -3.42 | -3.01 | -10.68 | -0.14 | 91.41 | -131.11 | 0.00 | 0 | 0 |
| 21Q3 (18) | 5.34 | -18.22 | -59.24 | 0.13 | -94.72 | -53.57 | 0 | 0 | 0 | 0 | 0 | 0 | 18.82 | -24.45 | -34.4 | 0.7 | 32.08 | -14.63 | 2.47 | -31.2 | -29.43 | 2.64 | -23.94 | -20.43 | 26.34 | 9.39 | 66.92 | 0 | 0 | 0 | 0 | 0 | 0 | 0.15 | -11.76 | -40.0 | 7.61 | 0.0 | -0.65 | 0.8 | 0.0 | 45.45 | 3.09 | 0.0 | 0 | 1.69 | 72.45 | -30.45 | 5.58 | 14.58 | 86.62 | -3.32 | -2.15 | -43.72 | -1.63 | 28.19 | -1458.33 | 0.00 | 0 | 0 |
| 21Q2 (17) | 6.53 | -38.45 | -37.21 | 2.46 | 5.58 | -34.75 | 0 | 0 | 0 | 0 | 0 | 0 | 24.91 | 5.86 | 2.01 | 0.53 | 112.0 | -52.68 | 3.59 | 11.49 | -1.91 | 3.47 | 10.96 | 0.63 | 24.08 | 31.23 | 45.24 | 0 | 0 | 0 | 0 | 0 | 0 | 0.17 | -15.0 | -39.29 | 7.61 | -0.65 | -0.65 | 0.8 | 45.45 | 45.45 | 3.09 | 0 | 0 | 0.98 | -74.14 | -39.13 | 4.87 | 12.21 | 124.42 | -3.25 | -19.05 | -77.6 | -2.27 | -314.15 | -931.82 | 0.00 | 0 | 0 |
| 21Q1 (16) | 10.61 | -1.49 | 138.96 | 2.33 | 762.96 | -60.77 | 0 | 0 | 0 | 0 | 0 | 0 | 23.53 | -10.53 | -0.84 | 0.25 | -77.88 | 141.67 | 3.22 | -4.73 | -38.9 | 3.13 | -4.55 | -33.84 | 18.35 | 15.34 | -23.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | -9.09 | -42.86 | 7.66 | 0.0 | 0.0 | 0.55 | 0.0 | 0.0 | 0 | 0 | 0 | 3.79 | 7.06 | 673.47 | 4.34 | 5.85 | 313.33 | -2.73 | 11.65 | -118.4 | 1.06 | 135.56 | 239.47 | 0.00 | 0 | 0 |
| 20Q4 (15) | 10.77 | -17.79 | 140.94 | 0.27 | -3.57 | -97.04 | 0 | 0 | 0 | 0 | 0 | 0 | 26.3 | -8.33 | -8.2 | 1.13 | 37.8 | 442.42 | 3.38 | -3.43 | -49.63 | 3.28 | -1.23 | -42.68 | 15.91 | 0.82 | -35.92 | 0 | 0 | 0 | 0 | 0 | 0 | 0.22 | -12.0 | -40.54 | 7.66 | 0.0 | 0.0 | 0.55 | 0.0 | 0.0 | 0 | 0 | 0 | 3.54 | 45.68 | 221.82 | 4.1 | 37.12 | 148.48 | -3.09 | -33.77 | -132.33 | 0.45 | 275.0 | 295.65 | 0.00 | 0 | 0 |
| 20Q3 (14) | 13.1 | 25.96 | 168.99 | 0.28 | -92.57 | -97.81 | 0 | 0 | 0 | 0 | 0 | 0 | 28.69 | 17.49 | -2.12 | 0.82 | -26.79 | 920.0 | 3.5 | -4.37 | -48.45 | 3.32 | -3.81 | -41.71 | 15.78 | -4.83 | -49.76 | 0 | 0 | 0 | 0 | 0 | 0 | 0.25 | -10.71 | -39.02 | 7.66 | 0.0 | 0.0 | 0.55 | 0.0 | 0.0 | 0 | 0 | 0 | 2.43 | 50.93 | 69.93 | 2.99 | 37.79 | 50.25 | -2.31 | -26.23 | -327.78 | 0.12 | 154.55 | -86.52 | 0.00 | 0 | 0 |
| 20Q2 (13) | 10.4 | 134.23 | 121.75 | 3.77 | -36.53 | -61.33 | 0 | 0 | 0 | 0 | 0 | 0 | 24.42 | 2.91 | -18.0 | 1.12 | 286.67 | 373.17 | 3.66 | -30.55 | -39.5 | 3.45 | -27.04 | -31.86 | 16.58 | -31.15 | -44.18 | 0 | 0 | 0 | 0 | 0 | 0 | 0.28 | -20.0 | -36.36 | 7.66 | 0.0 | 0.0 | 0.55 | 0.0 | 0.0 | 0 | 0 | 0 | 1.61 | 228.57 | 5.23 | 2.17 | 106.67 | 3.83 | -1.83 | -46.4 | -226.79 | -0.22 | 71.05 | -122.68 | 0.00 | 0 | 0 |
| 20Q1 (12) | 4.44 | -0.67 | -3.69 | 5.94 | -34.8 | -38.57 | 0 | 0 | 0 | 0 | 0 | 0 | 23.73 | -17.17 | -19.91 | -0.6 | -81.82 | -600.0 | 5.27 | -21.46 | -16.61 | 4.73 | -17.3 | -10.48 | 24.08 | -3.02 | -16.99 | 0 | 0 | 0 | 0 | 0 | 0 | 0.35 | -5.41 | -25.53 | 7.66 | 0.0 | 0.0 | 0.55 | 0.0 | 0.0 | 0 | 0 | 0 | 0.49 | -55.45 | -74.74 | 1.05 | -36.36 | -58.0 | -1.25 | 6.02 | -83.82 | -0.76 | -230.43 | -160.32 | 0.00 | 0 | 0 |
| 19Q4 (11) | 4.47 | -8.21 | -3.46 | 9.11 | -28.83 | 7.94 | 0 | 0 | 0 | 0 | 0 | 0 | 28.65 | -2.25 | -6.31 | -0.33 | -230.0 | -182.5 | 6.71 | -1.18 | 11.46 | 5.72 | 0.45 | 14.09 | 24.83 | -20.95 | -17.32 | 0 | 0 | 0 | 0 | 0 | 0 | 0.37 | -9.76 | -13.95 | 7.66 | 0.0 | 0.0 | 0.55 | 0.0 | 0.0 | 0 | 0 | 0 | 1.1 | -23.08 | -57.85 | 1.65 | -17.09 | -47.78 | -1.33 | -146.3 | -38.54 | -0.23 | -125.84 | -113.94 | 0.00 | 0 | 0 |
| 19Q3 (10) | 4.87 | 3.84 | 7.51 | 12.8 | 31.28 | 161.76 | 0 | 0 | 0 | 0 | 0 | 0 | 29.31 | -1.58 | -0.71 | -0.1 | 75.61 | -166.67 | 6.79 | 12.23 | 28.36 | 5.69 | 12.43 | 30.36 | 31.41 | 5.76 | 20.21 | 0 | 0 | 0 | 0 | 0 | 0 | 0.41 | -6.82 | -10.87 | 7.66 | 0.0 | 0.0 | 0.55 | 0.0 | 0.0 | 0 | 0 | 0 | 1.43 | -6.54 | -34.7 | 1.99 | -4.78 | -27.37 | -0.54 | 3.57 | 48.08 | 0.89 | -8.25 | -22.61 | 0.00 | 0 | 0 |
| 19Q2 (9) | 4.69 | 1.74 | -2.9 | 9.75 | 0.83 | 25.16 | 0 | 0 | 0 | 0 | 0 | 0 | 29.78 | 0.51 | -0.53 | -0.41 | -441.67 | -270.83 | 6.05 | -4.27 | 11.83 | 5.06 | -4.14 | 12.33 | 29.7 | 2.38 | 10.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0.44 | -6.38 | 7.32 | 7.66 | 0.0 | 0.0 | 0.55 | 0.0 | 0.0 | 0 | 0 | 0 | 1.53 | -21.13 | -25.0 | 2.09 | -16.4 | -19.31 | -0.56 | 17.65 | 47.17 | 0.97 | -23.02 | -1.02 | 0.00 | 0 | 0 |
| 19Q1 (8) | 4.61 | -0.43 | 11.89 | 9.67 | 14.57 | -5.47 | 0 | 0 | 0 | 0 | 0 | 0 | 29.63 | -3.11 | -1.56 | 0.12 | -70.0 | 111.76 | 6.32 | 4.98 | 16.18 | 5.28 | 5.4 | 15.24 | 29.01 | -3.4 | -3.62 | 0 | 0 | 0 | 0 | 0 | 0 | 0.47 | 9.3 | 42.42 | 7.66 | 0.0 | 0.0 | 0.55 | 0.0 | 3.77 | 0 | 0 | 0 | 1.94 | -25.67 | -5.37 | 2.5 | -20.89 | -3.1 | -0.68 | 29.17 | 69.23 | 1.26 | -23.64 | 887.5 | 0.00 | 0 | 0 |
| 18Q4 (7) | 4.63 | 2.21 | 33.05 | 8.44 | 72.6 | -39.24 | 0 | 0 | 0 | 0 | 0 | 0 | 30.58 | 3.59 | -3.23 | 0.4 | 166.67 | 133.06 | 6.02 | 13.8 | 11.9 | 5.01 | 14.77 | 0 | 30.03 | 14.93 | -18.64 | 0 | 0 | 0 | 0 | 0 | 0 | 0.43 | -6.52 | 19.44 | 7.66 | 0.0 | 0.0 | 0.55 | 0.0 | 3.77 | 0 | 0 | 0 | 2.61 | 19.18 | -14.98 | 3.16 | 15.33 | -12.22 | -0.96 | 7.69 | 45.14 | 1.65 | 43.48 | 25.0 | 0.00 | 0 | 0 |
| 18Q3 (6) | 4.53 | -6.21 | 0 | 4.89 | -37.23 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29.52 | -1.4 | 3.94 | 0.15 | -37.5 | 0.0 | 5.29 | -2.22 | 0 | 4.37 | -3.12 | 0 | 26.13 | -3.04 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.46 | 12.2 | 0 | 7.66 | 0.0 | 0.0 | 0.55 | 0.0 | 0 | 0 | 0 | 0 | 2.19 | 7.35 | 0 | 2.74 | 5.79 | -43.27 | -1.04 | 1.89 | 0 | 1.15 | 17.35 | 0 | 0.00 | 0 | 0 |
| 18Q2 (5) | 4.83 | 17.23 | 0 | 7.79 | -23.85 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29.94 | -0.53 | 4.65 | 0.24 | 123.53 | -52.94 | 5.41 | -0.55 | 0 | 4.51 | -1.65 | 0 | 26.95 | -10.47 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.41 | 24.24 | 0 | 7.66 | 0.0 | 0.0 | 0.55 | 3.77 | 0 | 0 | 0 | 0 | 2.04 | -0.49 | 0 | 2.59 | 0.39 | -44.54 | -1.06 | 52.04 | 0 | 0.98 | 712.5 | 0 | 0.00 | 0 | 0 |
| 18Q1 (4) | 4.12 | 18.39 | 0.0 | 10.23 | -26.35 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 30.1 | -4.75 | 0.0 | -1.02 | 15.7 | 0.0 | 5.44 | 1.12 | 0.0 | 4.58 | 0 | 0.0 | 30.1 | -18.45 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.33 | -8.33 | 0.0 | 7.66 | 0.0 | 0.0 | 0.53 | 0.0 | 0.0 | 0 | 0 | 0.0 | 2.05 | -33.22 | 0.0 | 2.58 | -28.33 | 0.0 | -2.21 | -26.29 | 0.0 | -0.16 | -112.12 | 0.0 | 0.00 | 0 | 0.0 |
