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) | 8.25 | 100.73 | 0.2 | -50.0 | 0 | 0 | 0 | 0 | 64.62 | -0.89 | 2.53 | 15.0 | 20.84 | -21.57 | 32.25 | -20.86 | 7.78 | -19.71 | 2.74 | 20.18 | 8.12 | -39.18 | 0.08 | 0.0 | 19.59 | 0.0 | 3.25 | 7.26 | 0.5 | -25.37 | 6.15 | 44.03 | 9.9 | 24.37 | -0.72 | 0 | 5.43 | 44.03 | 0.00 | 0 |
| 2022 (9) | 4.11 | 84.3 | 0.4 | -96.12 | 0 | 0 | 0 | 0 | 65.2 | 23.37 | 2.2 | 0 | 26.57 | 20.77 | 40.75 | -2.1 | 9.69 | -28.8 | 2.28 | 16.92 | 13.35 | -19.72 | 0.08 | -42.86 | 19.59 | 25.66 | 3.03 | 0.0 | 0.67 | 13.56 | 4.27 | 99.53 | 7.96 | 38.43 | -0.5 | 0 | 3.77 | 156.46 | 0.00 | 0 |
| 2021 (8) | 2.23 | -39.07 | 10.31 | 247.14 | 0 | 0 | 0 | 0 | 52.85 | -13.71 | -1.15 | 0 | 22.0 | 26.73 | 41.63 | 46.87 | 13.61 | 40.74 | 1.95 | -0.51 | 16.63 | 167.36 | 0.14 | 366.67 | 15.59 | 0.0 | 3.03 | 1.68 | 0.59 | -27.16 | 2.14 | -40.22 | 5.75 | -21.98 | -0.67 | 0 | 1.47 | -50.84 | 0.00 | 0 |
| 2020 (7) | 3.66 | 4.87 | 2.97 | -23.85 | 0 | 0 | 0 | 0 | 61.25 | 1.59 | 0.63 | -52.63 | 17.36 | -15.44 | 28.34 | -16.77 | 9.67 | -0.72 | 1.96 | -1.01 | 6.22 | 103.27 | 0.03 | 200.0 | 15.59 | -4.3 | 2.98 | 4.93 | 0.81 | 80.0 | 3.58 | -12.04 | 7.37 | 0.0 | -0.59 | 0 | 2.99 | -8.28 | 0.04 | -51.17 |
| 2019 (6) | 3.49 | -17.1 | 3.9 | 5.41 | 0 | 0 | 0 | 0 | 60.29 | -2.54 | 1.33 | 20.91 | 20.53 | 4.05 | 34.05 | 6.76 | 9.74 | -3.28 | 1.98 | -0.5 | 3.06 | 8.51 | 0.01 | -50.0 | 16.29 | -4.12 | 2.84 | 4.03 | 0.45 | 45.16 | 4.07 | 6.82 | 7.37 | 7.43 | -0.81 | 0 | 3.26 | -2.98 | 0.08 | -26.77 |
| 2018 (5) | 4.21 | -21.16 | 3.7 | 146.67 | 0 | 0 | 0 | 0 | 61.86 | 27.81 | 1.1 | -48.36 | 19.73 | 34.68 | 31.89 | 5.37 | 10.07 | 29.94 | 1.99 | -0.5 | 2.82 | 34.29 | 0.02 | -50.0 | 16.99 | 0.0 | 2.73 | 8.33 | 0.31 | 3.33 | 3.81 | 0.26 | 6.86 | 3.63 | -0.45 | 0 | 3.36 | -3.72 | 0.10 | 12.63 |
| 2017 (4) | 5.34 | -11.74 | 1.5 | 7.14 | 0 | 0 | 0 | 0 | 48.4 | 13.22 | 2.13 | 7.58 | 14.65 | 26.4 | 30.27 | 11.65 | 7.75 | 23.02 | 2.0 | -0.5 | 2.1 | -11.76 | 0.04 | 0.0 | 16.99 | 0.0 | 2.52 | 8.62 | 0.3 | 0 | 3.8 | 25.83 | 6.62 | 23.74 | -0.31 | 0 | 3.49 | 28.31 | 0.09 | -37.18 |
| 2016 (3) | 6.05 | 81.68 | 1.4 | -6.67 | 0 | 0 | 0 | 0 | 42.75 | 31.86 | 1.98 | 182.86 | 11.59 | 31.56 | 27.11 | -0.23 | 6.3 | 25.75 | 2.01 | -0.99 | 2.38 | -15.0 | 0.04 | 100.0 | 16.99 | -4.5 | 2.32 | 3.11 | 0 | 0 | 3.02 | 46.6 | 5.35 | 24.13 | -0.3 | 0 | 2.72 | 25.35 | 0.15 | 0 |
| 2015 (2) | 3.33 | 9.18 | 1.5 | -40.0 | 0.36 | -48.57 | 0 | 0 | 32.42 | 7.42 | 0.7 | -46.15 | 8.81 | -3.19 | 27.17 | -9.88 | 5.01 | 24.94 | 2.03 | -0.49 | 2.8 | 17.15 | 0.02 | -50.0 | 17.79 | -1.17 | 2.25 | 6.13 | 0 | 0 | 2.06 | 27.95 | 4.31 | 12.53 | 0.11 | 120.0 | 2.17 | 30.72 | 0.00 | 0 |
| 2014 (1) | 3.05 | 15.09 | 2.5 | -11.03 | 0.7 | 0 | 0 | 0 | 30.18 | 12.99 | 1.3 | 35.42 | 9.1 | 1.9 | 30.15 | -9.81 | 4.01 | 5.25 | 2.04 | -0.49 | 2.39 | -55.41 | 0.04 | -20.0 | 18.0 | -1.21 | 2.12 | 2.91 | 0.1 | -9.09 | 1.61 | 155.56 | 3.83 | 36.79 | 0.05 | 0 | 1.66 | 213.21 | 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) | 7.01 | -3.58 | 22.55 | 0 | -100.0 | -100.0 | 0.21 | 200.0 | 0 | 0 | 0 | 0 | 26.63 | 2.23 | 50.37 | 1.64 | -15.03 | 100.0 | 32.29 | 13.74 | 58.13 | 37.84 | 1.85 | 29.35 | 8.31 | -23.9 | -0.72 | 2.72 | -0.73 | 20.89 | 4.53 | -3.21 | -55.68 | 0.05 | 0.0 | 0.0 | 20.51 | 1.08 | 4.7 | 3.5 | 0.0 | 7.69 | 0.72 | 0.0 | 44.0 | 9.24 | 21.74 | 69.54 | 13.45 | 13.89 | 46.2 | 0.09 | 120.0 | 118.75 | 9.33 | 30.67 | 87.73 | 0.00 | 0 | 0 |
| 24Q2 (19) | 7.27 | -2.28 | 59.78 | 1.2 | 200.0 | 9.09 | 0.07 | 600.0 | 0 | 0 | 0 | 0 | 26.05 | 78.55 | 92.96 | 1.93 | 153.95 | 153.95 | 28.39 | 59.32 | 71.96 | 37.15 | 33.15 | 55.24 | 10.92 | 24.8 | 39.64 | 2.74 | 1.48 | 21.24 | 4.68 | -30.97 | -52.34 | 0.05 | -16.67 | -16.67 | 20.29 | 2.53 | 3.57 | 3.5 | 7.69 | 7.69 | 0.72 | 44.0 | 44.0 | 7.59 | 9.84 | 63.93 | 11.81 | 10.79 | 40.93 | -0.45 | 13.46 | 47.67 | 7.14 | 11.74 | 89.39 | 0.00 | 0 | 0 |
| 24Q1 (18) | 7.44 | -9.82 | 38.55 | 0.4 | 100.0 | -83.33 | 0.01 | 0 | 0 | 0 | 0 | 0 | 14.59 | -19.26 | -4.83 | 0.76 | 8.57 | 204.0 | 17.82 | -14.49 | -8.33 | 27.90 | -13.5 | -1.3 | 8.75 | 12.47 | -1.8 | 2.7 | -1.46 | 18.94 | 6.78 | -16.5 | -28.56 | 0.06 | -25.0 | -14.29 | 19.79 | 1.02 | 1.02 | 3.25 | 0.0 | 7.26 | 0.5 | 0.0 | -25.37 | 6.91 | 12.36 | 52.88 | 10.66 | 7.68 | 29.84 | -0.52 | 27.78 | -18.18 | 6.39 | 17.68 | 56.62 | 0.00 | 0 | 0 |
| 23Q4 (17) | 8.25 | 44.23 | 100.73 | 0.2 | -66.67 | -50.0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.07 | 2.03 | -22.35 | 0.7 | -14.63 | 52.17 | 20.84 | 2.06 | -21.57 | 32.26 | 10.27 | -20.85 | 7.78 | -7.05 | -19.71 | 2.74 | 21.78 | 20.18 | 8.12 | -20.55 | -39.18 | 0.08 | 60.0 | 0.0 | 19.59 | 0.0 | 0.0 | 3.25 | 0.0 | 7.26 | 0.5 | 0.0 | -25.37 | 6.15 | 12.84 | 44.03 | 9.9 | 7.61 | 24.37 | -0.72 | -50.0 | -44.0 | 5.43 | 9.26 | 44.03 | 0.00 | 0 | 0 |
| 23Q3 (16) | 5.72 | 25.71 | 49.35 | 0.6 | -45.45 | -45.45 | 0 | 0 | 0 | 0 | 0 | 0 | 17.71 | 31.19 | 4.85 | 0.82 | 7.89 | -36.43 | 20.42 | 23.68 | -4.8 | 29.25 | 22.23 | -19.16 | 8.37 | 7.03 | -40.97 | 2.25 | -0.44 | 30.06 | 10.22 | 4.07 | -25.78 | 0.05 | -16.67 | -58.33 | 19.59 | 0.0 | 0.0 | 3.25 | 0.0 | 7.26 | 0.5 | 0.0 | -25.37 | 5.45 | 17.71 | 43.04 | 9.2 | 9.79 | 22.67 | -0.48 | 44.19 | -50.0 | 4.97 | 31.83 | 42.41 | 0.00 | 0 | 0 |
| 23Q2 (15) | 4.55 | -15.27 | 31.5 | 1.1 | -54.17 | -67.65 | 0 | 0 | 0 | 0 | 0 | 0 | 13.5 | -11.94 | 1.66 | 0.76 | 204.0 | 100.0 | 16.51 | -15.07 | -0.36 | 23.93 | -15.34 | -18.53 | 7.82 | -12.23 | -33.5 | 2.26 | -0.44 | 30.64 | 9.82 | 3.48 | -30.01 | 0.06 | -14.29 | -45.45 | 19.59 | 0.0 | 0.0 | 3.25 | 7.26 | 7.26 | 0.5 | -25.37 | -15.25 | 4.63 | 2.43 | 78.76 | 8.38 | 2.07 | 34.94 | -0.86 | -95.45 | -104.76 | 3.77 | -7.6 | 73.73 | 0.00 | 0 | 0 |
| 23Q1 (14) | 5.37 | 30.66 | -11.53 | 2.4 | 500.0 | -69.5 | 0 | 0 | -100.0 | 0 | 0 | 0 | 15.33 | -34.12 | 30.36 | 0.25 | -45.65 | 257.14 | 19.44 | -26.83 | 13.82 | 28.27 | -30.63 | -10.58 | 8.91 | -8.05 | -28.43 | 2.27 | -0.44 | 16.41 | 9.49 | -28.91 | -30.27 | 0.07 | -12.5 | -46.15 | 19.59 | 0.0 | 0.0 | 3.03 | 0.0 | 0.0 | 0.67 | 0.0 | 13.56 | 4.52 | 5.85 | 104.52 | 8.21 | 3.14 | 40.82 | -0.44 | 12.0 | -76.0 | 4.08 | 8.22 | 108.16 | 0.00 | 0 | 0 |
| 22Q4 (13) | 4.11 | 7.31 | 84.3 | 0.4 | -63.64 | -96.12 | 0 | 0 | 0 | 0 | 0 | 0 | 23.27 | 37.77 | 34.12 | 0.46 | -64.34 | 231.43 | 26.57 | 23.87 | 20.77 | 40.75 | 12.62 | -2.09 | 9.69 | -31.66 | -28.8 | 2.28 | 31.79 | 16.92 | 13.35 | -3.05 | -19.72 | 0.08 | -33.33 | -42.86 | 19.59 | 0.0 | 25.66 | 3.03 | 0.0 | 0.0 | 0.67 | 0.0 | 13.56 | 4.27 | 12.07 | 99.53 | 7.96 | 6.13 | 38.43 | -0.5 | -56.25 | 25.37 | 3.77 | 8.02 | 156.46 | 0.00 | 0 | 0 |
| 22Q3 (12) | 3.83 | 10.69 | 50.79 | 1.1 | -67.65 | -82.46 | 0 | 0 | 0 | 0 | 0 | 0 | 16.89 | 27.18 | 20.47 | 1.29 | 239.47 | 352.94 | 21.45 | 29.45 | 27.98 | 36.18 | 23.18 | 9.98 | 14.18 | 20.58 | -0.21 | 1.73 | 0.0 | -11.28 | 13.77 | -1.85 | 73.64 | 0.12 | 9.09 | 20.0 | 19.59 | 0.0 | 25.66 | 3.03 | 0.0 | 0.0 | 0.67 | 13.56 | 13.56 | 3.81 | 47.1 | 53.63 | 7.5 | 20.77 | 22.95 | -0.32 | 23.81 | 58.44 | 3.49 | 60.83 | 104.09 | 0.00 | 0 | 0 |
| 22Q2 (11) | 3.46 | -43.0 | 41.22 | 3.4 | -56.8 | -0.58 | 0 | -100.0 | 0 | 0 | 0 | 0 | 13.28 | 12.93 | 21.83 | 0.38 | 442.86 | 188.37 | 16.57 | -2.99 | 21.57 | 29.37 | -7.08 | 13.83 | 11.76 | -5.54 | -4.39 | 1.73 | -11.28 | -11.73 | 14.03 | 3.09 | 101.58 | 0.11 | -15.38 | 10.0 | 19.59 | 0.0 | 25.66 | 3.03 | 0.0 | 1.68 | 0.59 | 0.0 | -27.16 | 2.59 | 17.19 | -21.04 | 6.21 | 6.52 | -12.16 | -0.42 | -68.0 | 44.74 | 2.17 | 10.71 | -13.89 | 0.00 | 0 | 0 |
| 22Q1 (10) | 6.07 | 172.2 | 99.02 | 7.87 | -23.67 | 184.12 | 3.28 | 0 | 0 | 0 | 0 | 0 | 11.76 | -32.22 | 11.05 | 0.07 | 120.0 | -46.15 | 17.08 | -22.36 | 22.44 | 31.61 | -24.04 | 31.95 | 12.45 | -8.52 | 18.01 | 1.95 | 0.0 | -0.51 | 13.61 | -18.16 | 94.71 | 0.13 | -7.14 | 333.33 | 19.59 | 25.66 | 25.66 | 3.03 | 0.0 | 1.68 | 0.59 | 0.0 | -27.16 | 2.21 | 3.27 | -40.43 | 5.83 | 1.39 | -22.27 | -0.25 | 62.69 | 62.69 | 1.96 | 33.33 | -35.53 | 0.00 | 0 | -100.0 |
| 21Q4 (9) | 2.23 | -12.2 | -39.07 | 10.31 | 64.43 | 247.14 | 0 | 0 | 0 | 0 | 0 | 0 | 17.35 | 23.75 | 12.44 | -0.35 | 31.37 | -45.83 | 22.0 | 31.26 | 26.73 | 41.62 | 26.5 | 46.84 | 13.61 | -4.22 | 40.74 | 1.95 | 0.0 | -0.51 | 16.63 | 109.71 | 167.36 | 0.14 | 40.0 | 366.67 | 15.59 | 0.0 | 0.0 | 3.03 | 0.0 | 1.68 | 0.59 | 0.0 | -27.16 | 2.14 | -13.71 | -40.22 | 5.75 | -5.74 | -21.98 | -0.67 | 12.99 | -13.56 | 1.47 | -14.04 | -50.84 | 0.00 | 0 | -100.0 |
| 21Q3 (8) | 2.54 | 3.67 | -38.2 | 6.27 | 83.33 | 109.0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.02 | 28.62 | -11.82 | -0.51 | -18.6 | -288.89 | 16.76 | 22.96 | -3.12 | 32.90 | 27.5 | 21.34 | 14.21 | 15.53 | 42.96 | 1.95 | -0.51 | -1.02 | 7.93 | 13.94 | 167.0 | 0.1 | 0.0 | 900.0 | 15.59 | 0.0 | 0.0 | 3.03 | 1.68 | 1.68 | 0.59 | -27.16 | -27.16 | 2.48 | -24.39 | -35.25 | 6.1 | -13.72 | -19.95 | -0.77 | -1.32 | 8.33 | 1.71 | -32.14 | -42.81 | 0.00 | 0 | -100.0 |
| 21Q2 (7) | 2.45 | -19.67 | -14.63 | 3.42 | 23.47 | -22.27 | 0 | 0 | 0 | 0 | 0 | 0 | 10.9 | 2.93 | -33.17 | -0.43 | -430.77 | -202.38 | 13.63 | -2.29 | -34.82 | 25.80 | 7.71 | 0 | 12.3 | 16.59 | 32.54 | 1.96 | 0.0 | -0.51 | 6.96 | -0.43 | 132.0 | 0.1 | 233.33 | 900.0 | 15.59 | 0.0 | 0.0 | 2.98 | 0.0 | 0.0 | 0.81 | 0.0 | 0.0 | 3.28 | -11.59 | -7.87 | 7.07 | -5.73 | -3.81 | -0.76 | -13.43 | 27.62 | 2.52 | -17.11 | 0.4 | 0.00 | -100.0 | -100.0 |
| 21Q1 (6) | 3.05 | -16.67 | 2.35 | 2.77 | -6.73 | -37.05 | 0 | 0 | 0 | 0 | 0 | 0 | 10.59 | -31.37 | -22.19 | 0.13 | 154.17 | -27.78 | 13.95 | -19.64 | -23.98 | 23.96 | -15.48 | 0 | 10.55 | 9.1 | 8.76 | 1.96 | 0.0 | -0.51 | 6.99 | 12.38 | 130.69 | 0.03 | 0.0 | 200.0 | 15.59 | 0.0 | -2.2 | 2.98 | 0.0 | 4.93 | 0.81 | 0.0 | 80.0 | 3.71 | 3.63 | -9.95 | 7.5 | 1.76 | 1.08 | -0.67 | -13.56 | 26.37 | 3.04 | 1.67 | -5.3 | 0.04 | -1.3 | -52.73 |
| 20Q4 (5) | 3.66 | -10.95 | 4.87 | 2.97 | -1.0 | -23.85 | 0 | 0 | 0 | 0 | 0 | 0 | 15.43 | -2.96 | -14.18 | -0.24 | -188.89 | -132.43 | 17.36 | 0.35 | -15.44 | 28.34 | 4.52 | 0 | 9.67 | -2.72 | -0.72 | 1.96 | -0.51 | -1.01 | 6.22 | 109.43 | 103.27 | 0.03 | 200.0 | 200.0 | 15.59 | 0.0 | -4.3 | 2.98 | 0.0 | 4.93 | 0.81 | 0.0 | 80.0 | 3.58 | -6.53 | -12.04 | 7.37 | -3.28 | 0.0 | -0.59 | 29.76 | 27.16 | 2.99 | 0.0 | -8.28 | 0.04 | -2.07 | -51.17 |
| 20Q3 (4) | 4.11 | 43.21 | 0.0 | 3.0 | -31.82 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 15.9 | -2.51 | 0.0 | 0.27 | -35.71 | 0.0 | 17.3 | -17.26 | 0.0 | 27.12 | 0 | 0.0 | 9.94 | 7.11 | 0.0 | 1.97 | 0.0 | 0.0 | 2.97 | -1.0 | 0.0 | 0.01 | 0.0 | 0.0 | 15.59 | 0.0 | 0.0 | 2.98 | 0.0 | 0.0 | 0.81 | 0.0 | 0.0 | 3.83 | 7.58 | 0.0 | 7.62 | 3.67 | 0.0 | -0.84 | 20.0 | 0.0 | 2.99 | 19.12 | 0.0 | 0.04 | -53.79 | 0.0 |
