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) | 42.26 | 14.34 | 0.02 | -75.0 | 0.76 | 1.33 | 0 | 0 | 131.8 | -5.15 | 5.99 | -17.04 | 29.99 | -23.96 | 22.75 | -19.83 | 25.41 | -16.93 | 0.35 | 2.94 | 0.49 | -60.48 | 2.23 | -0.89 | 18.73 | 0.0 | 13.02 | 10.81 | 0 | 0 | 41.26 | 10.94 | 54.28 | 10.89 | 61.06 | 10.0 | 102.32 | 10.38 | 0.03 | -4.54 |
| 2022 (9) | 36.96 | 32.28 | 0.08 | -50.0 | 0.75 | 2.74 | 0 | 0 | 138.96 | -8.61 | 7.22 | -4.24 | 39.44 | -16.6 | 28.38 | -8.74 | 30.59 | -14.81 | 0.34 | 25.93 | 1.24 | -37.69 | 2.25 | 0.9 | 18.73 | 0.0 | 11.75 | 13.64 | 0 | 0 | 37.19 | 15.89 | 48.95 | 15.37 | 55.51 | -8.75 | 92.7 | -0.24 | 0.03 | 14.73 |
| 2021 (8) | 27.94 | -8.42 | 0.16 | -50.0 | 0.73 | 461.54 | 0 | 0 | 152.05 | 13.01 | 7.54 | 12.71 | 47.29 | 9.75 | 31.10 | -2.89 | 35.91 | 35.25 | 0.27 | 8.0 | 1.99 | 79.28 | 2.23 | 0.9 | 18.73 | 0.0 | 10.34 | 10.0 | 0 | 0 | 32.09 | 31.19 | 42.43 | 25.27 | 60.83 | 23.79 | 92.92 | 26.25 | 0.03 | -6.62 |
| 2020 (7) | 30.51 | 9.59 | 0.32 | -69.81 | 0.13 | 550.0 | 0 | 0 | 134.54 | 2.78 | 6.69 | 395.56 | 43.09 | -1.42 | 32.03 | -4.09 | 26.55 | 25.65 | 0.25 | -3.85 | 1.11 | 640.0 | 2.21 | -0.9 | 18.73 | -2.6 | 9.4 | 4.21 | 0 | 0 | 24.46 | 40.09 | 33.87 | 27.91 | 49.14 | 59.39 | 73.6 | 52.41 | 0.03 | -20.13 |
| 2019 (6) | 27.84 | 13.22 | 1.06 | -1.85 | 0.02 | 0.0 | 0 | 0 | 130.9 | -3.24 | 1.35 | 73.08 | 43.71 | 1.79 | 33.39 | 5.2 | 21.13 | -1.58 | 0.26 | -3.7 | 0.15 | -11.76 | 2.23 | 0.9 | 19.23 | 0.0 | 9.02 | 0.89 | 0 | 0 | 17.46 | 8.45 | 26.48 | 5.75 | 30.83 | 26.61 | 48.29 | 19.38 | 0.03 | 3.81 |
| 2018 (5) | 24.59 | -20.24 | 1.08 | 2.86 | 0.02 | 0 | 0 | 0 | 135.28 | -6.16 | 0.78 | -75.24 | 42.94 | 6.05 | 31.74 | 13.01 | 21.47 | -1.69 | 0.27 | -61.97 | 0.17 | 0 | 2.21 | -0.9 | 19.23 | 0.0 | 8.94 | 3.59 | 0 | 0 | 16.1 | -4.62 | 25.04 | -1.84 | 24.35 | -3.91 | 40.45 | -4.19 | 0.03 | 5.04 |
| 2017 (4) | 30.83 | -9.0 | 1.05 | -6.25 | 0 | 0 | 0 | 0 | 144.16 | -5.95 | 3.15 | 1.61 | 40.49 | -4.62 | 28.09 | 1.42 | 21.84 | -4.84 | 0.71 | -2.74 | 0 | 0 | 2.23 | 0.9 | 19.23 | 0.0 | 8.63 | 3.73 | 0 | 0 | 16.88 | 5.17 | 25.51 | 4.68 | 25.34 | 0.84 | 42.22 | 2.53 | 0.03 | -4.37 |
| 2016 (3) | 33.88 | -11.98 | 1.12 | -22.76 | 0 | 0 | 0 | 0 | 153.28 | 10.53 | 3.1 | -17.99 | 42.45 | 6.34 | 27.69 | -3.79 | 22.95 | 12.5 | 0.73 | 1.39 | 0 | 0 | 2.21 | 0.45 | 19.23 | 0.0 | 8.32 | 4.79 | 0 | 0 | 16.05 | 5.11 | 24.37 | 5.0 | 25.13 | -13.01 | 41.18 | -6.75 | 0.03 | 6.4 |
| 2015 (2) | 38.49 | -9.58 | 1.45 | -33.18 | 0 | 0 | 0 | 0 | 138.68 | -12.08 | 3.78 | -5.74 | 39.92 | -6.03 | 28.79 | 6.89 | 20.4 | -4.05 | 0.72 | 166.67 | 0 | 0 | 2.2 | 0.46 | 19.23 | -18.0 | 7.94 | 5.31 | 0 | 0 | 15.27 | 24.75 | 23.21 | 17.34 | 28.89 | 44.23 | 44.16 | 36.85 | 0.03 | -30.62 |
| 2014 (1) | 42.57 | 3.48 | 2.17 | 60.74 | 0 | 0 | 0 | 0 | 157.74 | 2.62 | 4.01 | -18.99 | 42.48 | 8.31 | 26.93 | 5.55 | 21.26 | 16.17 | 0.27 | 8.0 | 0 | 0 | 2.19 | 0.0 | 23.45 | 0.0 | 7.54 | 7.1 | 0 | 0 | 12.24 | -5.34 | 19.78 | -0.95 | 20.03 | 144.27 | 32.27 | 52.72 | 0.04 | -13.83 |
| 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) | 36.54 | -3.72 | -7.63 | 0.03 | 0.0 | -62.5 | 0.65 | -14.47 | -13.33 | 0 | 0 | 0 | 31.23 | 7.76 | -9.66 | 1.79 | 115.66 | -51.88 | 34.66 | 2.39 | -14.17 | 29.82 | 5.34 | -0.27 | 19.63 | -1.51 | -24.18 | 0.43 | 19.44 | 10.26 | 0.03 | -72.73 | -95.59 | 2.25 | 0.0 | 0.45 | 18.73 | 0.0 | 0.0 | 14.11 | 0.0 | 8.37 | 0 | 0 | 0 | 41.98 | 10.07 | 5.11 | 56.1 | 7.35 | 5.93 | 77.0 | -2.51 | 34.17 | 118.98 | 1.59 | 22.24 | 0.02 | 1.32 | -12.37 |
| 24Q2 (19) | 37.95 | -7.08 | -11.23 | 0.03 | 50.0 | -62.5 | 0.76 | 0.0 | 1.33 | 0 | 0 | 0 | 28.98 | 7.06 | -14.59 | 0.83 | -27.19 | -33.6 | 33.85 | 9.97 | -15.82 | 28.31 | 14.53 | -2.69 | 19.93 | -6.52 | -24.62 | 0.36 | 0.0 | -5.26 | 0.11 | -63.33 | -87.36 | 2.25 | 0.0 | 0.9 | 18.73 | 0.0 | 0.0 | 14.11 | 8.37 | 8.37 | 0 | 0 | 0 | 38.14 | 3.14 | 7.56 | 52.26 | 4.52 | 7.82 | 78.98 | 22.68 | 12.97 | 117.12 | 15.55 | 11.15 | 0.02 | -14.58 | -4.62 |
| 24Q1 (18) | 40.84 | -3.36 | 1.24 | 0.02 | 0.0 | -75.0 | 0.76 | 0.0 | 1.33 | 0 | 0 | 0 | 27.07 | -6.49 | -21.19 | 1.14 | 500.0 | 37.35 | 30.78 | 2.63 | -20.63 | 24.72 | 8.63 | -11.43 | 21.32 | -16.1 | -25.82 | 0.36 | 2.86 | 0.0 | 0.3 | -38.78 | -71.7 | 2.25 | 0.9 | 0.9 | 18.73 | 0.0 | 0.0 | 13.02 | 0.0 | 10.81 | 0 | 0 | 0 | 36.98 | -10.37 | 9.99 | 50.0 | -7.89 | 10.18 | 64.38 | 5.44 | 3.89 | 101.36 | -0.94 | 6.04 | 0.03 | 3.55 | -4.62 |
| 23Q4 (17) | 42.26 | 6.83 | 14.34 | 0.02 | -75.0 | -75.0 | 0.76 | 1.33 | 1.33 | 0 | 0 | 0 | 28.95 | -16.26 | -10.09 | 0.19 | -94.89 | -83.76 | 29.99 | -25.73 | -23.96 | 22.75 | -23.9 | -19.83 | 25.41 | -1.85 | -16.93 | 0.35 | -10.26 | 2.94 | 0.49 | -27.94 | -60.48 | 2.23 | -0.45 | -0.89 | 18.73 | 0.0 | 0.0 | 13.02 | 0.0 | 10.81 | 0 | 0 | 0 | 41.26 | 3.3 | 10.94 | 54.28 | 2.49 | 10.89 | 61.06 | 6.39 | 10.0 | 102.32 | 5.13 | 10.38 | 0.03 | -2.21 | -4.54 |
| 23Q3 (16) | 39.56 | -7.46 | 20.61 | 0.08 | 0.0 | -27.27 | 0.75 | 0.0 | 0.0 | 0 | 0 | 0 | 34.57 | 1.89 | -8.4 | 3.72 | 197.6 | 16.25 | 40.38 | 0.42 | -14.63 | 29.90 | 2.78 | -8.81 | 25.89 | -2.08 | -12.59 | 0.39 | 2.63 | 18.18 | 0.68 | -21.84 | -52.45 | 2.24 | 0.45 | 0.0 | 18.73 | 0.0 | 0.0 | 13.02 | 0.0 | 10.81 | 0 | 0 | 0 | 39.94 | 12.63 | 17.3 | 52.96 | 9.26 | 15.63 | 57.39 | -17.91 | 10.01 | 97.33 | -7.63 | 12.89 | 0.03 | 10.28 | -5.37 |
| 23Q2 (15) | 42.75 | 5.97 | 40.58 | 0.08 | 0.0 | -27.27 | 0.75 | 0.0 | 0.0 | 0 | 0 | 0 | 33.93 | -1.22 | -2.11 | 1.25 | 50.6 | -18.3 | 40.21 | 3.69 | -7.29 | 29.09 | 4.24 | 0.79 | 26.44 | -8.0 | -19.76 | 0.38 | 5.56 | 26.67 | 0.87 | -17.92 | -46.3 | 2.23 | 0.0 | -0.45 | 18.73 | 0.0 | 0.0 | 13.02 | 10.81 | 10.81 | 0 | 0 | 0 | 35.46 | 5.47 | 17.81 | 48.47 | 6.81 | 15.82 | 69.91 | 12.81 | 29.53 | 105.37 | 10.23 | 25.34 | 0.03 | -14.59 | -9.21 |
| 23Q1 (14) | 40.34 | 9.15 | 39.25 | 0.08 | 0.0 | -52.94 | 0.75 | 0.0 | 1.35 | 0 | 0 | 0 | 34.35 | 6.68 | -0.03 | 0.83 | -29.06 | -37.59 | 38.78 | -1.67 | -9.43 | 27.91 | -1.67 | 2.73 | 28.74 | -6.05 | -11.6 | 0.36 | 5.88 | 20.0 | 1.06 | -14.52 | -41.44 | 2.23 | -0.89 | -0.45 | 18.73 | 0.0 | 0.0 | 11.75 | 0.0 | 13.64 | 0 | 0 | 0 | 33.62 | -9.6 | -2.3 | 45.38 | -7.29 | 1.41 | 61.97 | 11.64 | 8.15 | 95.59 | 3.12 | 4.23 | 0.03 | 3.64 | 12.05 |
| 22Q4 (13) | 36.96 | 12.68 | 32.28 | 0.08 | -27.27 | -50.0 | 0.75 | 0.0 | 2.74 | 0 | 0 | 0 | 32.2 | -14.68 | -14.13 | 1.17 | -63.44 | -39.06 | 39.44 | -16.62 | -16.6 | 28.38 | -13.44 | -2.33 | 30.59 | 3.27 | -14.81 | 0.34 | 3.03 | 25.93 | 1.24 | -13.29 | -37.69 | 2.25 | 0.45 | 0.9 | 18.73 | 0.0 | 0.0 | 11.75 | 0.0 | 13.64 | 0 | 0 | 0 | 37.19 | 9.22 | 15.89 | 48.95 | 6.88 | 15.37 | 55.51 | 6.4 | -8.75 | 92.7 | 7.52 | -0.24 | 0.03 | -3.06 | 14.73 |
| 22Q3 (12) | 32.8 | 7.86 | 45.84 | 0.11 | 0.0 | -50.0 | 0.75 | 0.0 | 50.0 | 0 | 0 | 0 | 37.74 | 8.89 | -13.72 | 3.2 | 109.15 | 13.88 | 47.3 | 9.06 | -4.68 | 32.79 | 13.6 | 9.56 | 29.62 | -10.11 | -12.39 | 0.33 | 10.0 | 17.86 | 1.43 | -11.73 | -7.74 | 2.24 | 0.0 | -0.44 | 18.73 | 0.0 | 0.0 | 11.75 | 0.0 | 13.64 | 0 | 0 | 0 | 34.05 | 13.12 | 24.91 | 45.8 | 9.44 | 21.84 | 52.17 | -3.34 | -25.29 | 86.22 | 2.56 | -11.2 | 0.03 | 5.79 | 27.51 |
| 22Q2 (11) | 30.41 | 4.97 | 4.65 | 0.11 | -35.29 | -69.44 | 0.75 | 1.35 | 97.37 | 0 | 0 | 0 | 34.66 | 0.87 | -17.5 | 1.53 | 15.04 | 2.0 | 43.37 | 1.28 | -7.31 | 28.86 | 6.24 | 2.93 | 32.95 | 1.35 | 7.54 | 0.3 | 0.0 | 11.11 | 1.62 | -10.5 | 14.08 | 2.24 | 0.0 | -0.88 | 18.73 | 0.0 | 0.0 | 11.75 | 13.64 | 13.64 | 0 | 0 | 0 | 30.1 | -12.53 | 23.66 | 41.85 | -6.48 | 20.67 | 53.97 | -5.81 | -1.64 | 84.07 | -8.33 | 6.14 | 0.03 | 5.42 | 9.7 |
| 22Q1 (10) | 28.97 | 3.69 | -11.08 | 0.17 | 6.25 | -63.04 | 0.74 | 1.37 | 174.07 | 0 | 0 | 0 | 34.36 | -8.37 | -12.99 | 1.33 | -30.73 | 1.53 | 42.82 | -9.45 | 2.54 | 27.17 | -6.51 | 4.76 | 32.51 | -9.47 | 14.92 | 0.3 | 11.11 | 15.38 | 1.81 | -9.05 | 18.3 | 2.24 | 0.45 | 1.36 | 18.73 | 0.0 | 0.0 | 10.34 | 0.0 | 10.0 | 0 | 0 | 0 | 34.41 | 7.23 | 25.4 | 44.75 | 5.47 | 21.47 | 57.3 | -5.8 | 21.4 | 91.71 | -1.3 | 22.87 | 0.03 | 6.11 | -2.19 |
| 21Q4 (9) | 27.94 | 24.23 | -8.42 | 0.16 | -27.27 | -50.0 | 0.73 | 46.0 | 461.54 | 0 | 0 | 0 | 37.5 | -14.27 | -7.54 | 1.92 | -31.67 | 48.84 | 47.29 | -4.7 | 9.75 | 29.06 | -2.9 | -0.21 | 35.91 | 6.21 | 35.25 | 0.27 | -3.57 | 8.0 | 1.99 | 28.39 | 79.28 | 2.23 | -0.89 | 0.9 | 18.73 | 0.0 | 0.0 | 10.34 | 0.0 | 10.0 | 0 | 0 | 0 | 32.09 | 17.72 | 31.19 | 42.43 | 12.88 | 25.27 | 60.83 | -12.89 | 23.79 | 92.92 | -4.29 | 26.25 | 0.03 | 7.74 | -6.62 |
| 21Q3 (8) | 22.49 | -22.61 | -9.24 | 0.22 | -38.89 | -84.17 | 0.5 | 31.58 | 733.33 | 0 | 0 | 0 | 43.74 | 4.12 | -2.37 | 2.81 | 87.33 | -3.77 | 49.62 | 6.05 | -1.8 | 29.93 | 6.73 | -13.69 | 33.81 | 10.35 | 43.51 | 0.28 | 3.7 | 3.7 | 1.55 | 9.15 | 31.36 | 2.25 | -0.44 | 1.81 | 18.73 | 0.0 | 0.0 | 10.34 | 0.0 | 10.0 | 0 | 0 | 0 | 27.26 | 12.0 | 26.44 | 37.59 | 8.39 | 21.38 | 69.83 | 27.26 | 58.17 | 97.09 | 22.57 | 47.76 | 0.02 | -8.98 | -19.03 |
| 21Q2 (7) | 29.06 | -10.8 | 23.98 | 0.36 | -21.74 | 44.0 | 0.38 | 40.74 | 1800.0 | 0 | 0 | 0 | 42.01 | 6.38 | 16.15 | 1.5 | 14.5 | -44.03 | 46.79 | 12.05 | 13.21 | 28.04 | 8.12 | 0 | 30.64 | 8.31 | 33.74 | 0.27 | 3.85 | -6.9 | 1.42 | -7.19 | 914.29 | 2.26 | 2.26 | 2.26 | 18.73 | 0.0 | 0.0 | 10.34 | 10.0 | 10.0 | 0 | 0 | 0 | 24.34 | -11.3 | 39.72 | 34.68 | -5.86 | 29.26 | 54.87 | 16.25 | 51.53 | 79.21 | 6.12 | 47.7 | 0.03 | -6.01 | -19.61 |
| 21Q1 (6) | 32.58 | 6.78 | 4.42 | 0.46 | 43.75 | -56.19 | 0.27 | 107.69 | 1250.0 | 0 | 0 | 0 | 39.49 | -2.64 | 49.36 | 1.31 | 1.55 | 789.47 | 41.76 | -3.09 | 29.13 | 25.93 | -10.94 | 0 | 28.29 | 6.55 | 60.47 | 0.26 | 4.0 | -10.34 | 1.53 | 37.84 | 992.86 | 2.21 | 0.0 | -0.45 | 18.73 | 0.0 | -2.6 | 9.4 | 0.0 | 4.21 | 0 | 0 | 0 | 27.44 | 12.18 | 58.98 | 36.84 | 8.77 | 40.13 | 47.2 | -3.95 | 76.19 | 74.64 | 1.41 | 69.44 | 0.03 | 1.3 | -23.61 |
| 20Q4 (5) | 30.51 | 23.12 | 9.59 | 0.32 | -76.98 | -69.81 | 0.13 | 116.67 | 550.0 | 0 | 0 | 0 | 40.56 | -9.46 | 5.87 | 1.29 | -55.82 | 230.77 | 43.09 | -14.72 | -1.42 | 29.12 | -16.02 | 0 | 26.55 | 12.69 | 25.65 | 0.25 | -7.41 | -3.85 | 1.11 | -5.93 | 640.0 | 2.21 | 0.0 | -0.9 | 18.73 | 0.0 | -2.6 | 9.4 | 0.0 | 4.21 | 0 | 0 | 0 | 24.46 | 13.45 | 40.09 | 33.87 | 9.36 | 27.91 | 49.14 | 11.3 | 59.39 | 73.6 | 12.01 | 52.41 | 0.03 | -6.57 | -20.13 |
| 20Q3 (4) | 24.78 | 5.72 | 0.0 | 1.39 | 456.0 | 0.0 | 0.06 | 200.0 | 0.0 | 0 | 0 | 0.0 | 44.8 | 23.86 | 0.0 | 2.92 | 8.96 | 0.0 | 50.53 | 22.26 | 0.0 | 34.68 | 0 | 0.0 | 23.56 | 2.84 | 0.0 | 0.27 | -6.9 | 0.0 | 1.18 | 742.86 | 0.0 | 2.21 | 0.0 | 0.0 | 18.73 | 0.0 | 0.0 | 9.4 | 0.0 | 0.0 | 0 | 0 | 0.0 | 21.56 | 23.77 | 0.0 | 30.97 | 15.43 | 0.0 | 44.15 | 21.93 | 0.0 | 65.71 | 22.52 | 0.0 | 0.03 | -9.63 | 0.0 |
