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) | 13.71 | 4.9 | 0 | 0 | 0 | 0 | 0 | 0 | 43.87 | -6.52 | 4.18 | -0.48 | 6.16 | -11.75 | 14.04 | -5.59 | 8.28 | -20.77 | 0.58 | 0.0 | 3.99 | 0.0 | 0.05 | 0.0 | 15.74 | 0.0 | 1.75 | 32.58 | 1.2 | 15.38 | 8.82 | 33.43 | 11.77 | 31.07 | -0.91 | 0 | 7.91 | 46.21 | 0.02 | -43.76 |
| 2022 (9) | 13.07 | 60.17 | 2.7 | 0 | 0 | 0 | 0.01 | 0.0 | 46.93 | 12.19 | 4.2 | 77.22 | 6.98 | -6.93 | 14.87 | -17.05 | 10.45 | -1.04 | 0.58 | 9.43 | 3.99 | 0.25 | 0.05 | 25.0 | 15.74 | -3.08 | 1.32 | 23.36 | 1.04 | -11.86 | 6.61 | 53.72 | 8.98 | 37.1 | -1.2 | 0 | 5.41 | 65.95 | 0.03 | 24.6 |
| 2021 (8) | 8.16 | -34.3 | 0 | 0 | 0 | 0 | 0.01 | -80.0 | 41.83 | 11.93 | 2.37 | 1.72 | 7.5 | 27.12 | 17.93 | 13.56 | 10.56 | 21.24 | 0.53 | -3.64 | 3.98 | 0 | 0.04 | 0.0 | 16.24 | 0.0 | 1.07 | 28.92 | 1.18 | 14.56 | 4.3 | 5.91 | 6.55 | 10.83 | -1.04 | 0 | 3.26 | 13.19 | 0.02 | 4.94 |
| 2020 (7) | 12.42 | -9.21 | 7.0 | 75.0 | 0 | 0 | 0.05 | -44.44 | 37.37 | -9.03 | 2.33 | -9.34 | 5.9 | 9.67 | 15.79 | 20.55 | 8.71 | 8.47 | 0.55 | -5.17 | 0 | 0 | 0.04 | 0.0 | 16.24 | 0.0 | 0.83 | 45.61 | 1.03 | -31.79 | 4.06 | 22.66 | 5.91 | 9.65 | -1.18 | 0 | 2.88 | 26.32 | 0.02 | -32.67 |
| 2019 (6) | 13.68 | 32.94 | 4.0 | 8.11 | 3.2 | 0 | 0.09 | 0 | 41.08 | 45.73 | 2.57 | 129.46 | 5.38 | 14.71 | 13.10 | -21.28 | 8.03 | -4.97 | 0.58 | 0 | 0 | 0 | 0.04 | 100.0 | 16.24 | -6.88 | 0.57 | 23.91 | 1.51 | 38.53 | 3.31 | 64.68 | 5.39 | 51.4 | -1.03 | 0 | 2.28 | 159.09 | 0.03 | -17.01 |
| 2018 (5) | 10.29 | -10.44 | 3.7 | -33.57 | 0 | 0 | 0 | 0 | 28.19 | -6.19 | 1.12 | 107.41 | 4.69 | -4.29 | 16.64 | 2.03 | 8.45 | 7.92 | 0 | 0 | 3.99 | 0.25 | 0.02 | -50.0 | 17.44 | -4.91 | 0.46 | 15.0 | 1.09 | -12.1 | 2.01 | 24.07 | 3.56 | 9.2 | -1.13 | 0 | 0.88 | 1.15 | 0.04 | -13.37 |
| 2017 (4) | 11.49 | 54.23 | 5.57 | -21.77 | 0 | 0 | 0 | 0 | 30.05 | -5.47 | 0.54 | -71.28 | 4.9 | 30.32 | 16.31 | 37.87 | 7.83 | 3.71 | 0 | 0 | 3.98 | 0 | 0.04 | 0.0 | 18.34 | -5.9 | 0.4 | 81.82 | 1.24 | 29.17 | 1.62 | -26.36 | 3.26 | -3.55 | -0.75 | 0 | 0.87 | -34.09 | 0.04 | 9.07 |
| 2016 (3) | 7.45 | -22.64 | 7.12 | 18.86 | 0 | 0 | 0 | 0 | 31.79 | -8.57 | 1.88 | -29.32 | 3.76 | -17.36 | 11.83 | -9.62 | 7.55 | -9.15 | 0.17 | 0.0 | 0 | 0 | 0.04 | 0.0 | 19.49 | -9.31 | 0.22 | 0 | 0.96 | 0 | 2.2 | 1.38 | 3.38 | 55.76 | -0.88 | 0 | 1.32 | 11.86 | 0.04 | 3.67 |
| 2015 (2) | 9.63 | 25.55 | 5.99 | 1832.26 | 0.73 | 0.0 | 0 | 0 | 34.77 | -11.3 | 2.66 | 55.56 | 4.55 | 5.32 | 13.09 | 18.74 | 8.31 | -1.19 | 0.17 | -5.56 | 2.18 | -61.35 | 0.04 | 33.33 | 21.49 | -4.95 | 0 | 0 | 0 | 0 | 2.17 | 0 | 2.17 | 0 | -0.99 | 0 | 1.18 | 0 | 0.04 | -0.44 |
| 2014 (1) | 7.67 | 2.82 | 0.31 | -83.77 | 0.73 | 0 | 0 | 0 | 39.2 | 7.81 | 1.71 | 235.29 | 4.32 | -31.21 | 11.02 | -36.19 | 8.41 | -5.51 | 0.18 | 0.0 | 5.64 | -14.55 | 0.03 | 0.0 | 22.61 | 0.0 | 0 | 0 | 0 | 0 | -0.56 | 0 | -0.56 | 0 | -0.37 | 0 | -0.93 | 0 | 0.04 | -8.44 |
| 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) | 9.02 | -15.78 | -31.51 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.71 | -7.24 | -22.23 | 0.73 | -14.12 | -46.32 | 5.23 | -18.41 | -30.17 | 14.17 | -12.9 | -12.05 | 7.16 | 1.42 | -11.5 | 0.59 | -3.28 | -3.28 | 3.0 | -14.04 | -24.62 | 0.05 | 0.0 | 0.0 | 15.74 | 0.0 | 0.0 | 2.28 | 0.0 | 30.29 | 0.91 | 0.0 | -24.17 | 8.81 | 8.9 | 10.54 | 12.01 | 6.47 | 9.98 | -0.51 | -292.31 | 29.17 | 8.3 | 4.27 | 14.48 | 0.02 | -4.07 | -30.38 |
| 24Q2 (19) | 10.71 | -14.86 | -15.6 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.39 | -1.16 | -22.07 | 0.85 | -27.35 | -33.07 | 6.41 | 8.64 | -9.97 | 16.27 | 15.98 | 9.8 | 7.06 | -5.74 | -14.42 | 0.61 | 1.67 | 3.39 | 3.49 | 0.0 | -12.53 | 0.05 | 0.0 | 0.0 | 15.74 | 0.0 | 0.0 | 2.28 | 30.29 | 30.29 | 0.91 | -24.17 | -24.17 | 8.09 | 8.3 | 40.94 | 11.28 | 8.15 | 29.8 | -0.13 | 75.47 | 75.93 | 7.96 | 14.7 | 53.08 | 0.02 | 4.93 | -27.2 |
| 24Q1 (18) | 12.58 | -8.24 | -4.26 | 0.5 | 0 | -80.0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.5 | 2.15 | -16.08 | 1.17 | 80.0 | 30.0 | 5.9 | -4.22 | -12.07 | 14.03 | -0.08 | 0.29 | 7.49 | -9.54 | -16.69 | 0.6 | 3.45 | 5.26 | 3.49 | -12.53 | -12.53 | 0.05 | 0.0 | 0.0 | 15.74 | 0.0 | 0.0 | 1.75 | 0.0 | 32.58 | 1.2 | 0.0 | 15.38 | 7.47 | -15.31 | 49.4 | 10.43 | -11.38 | 41.71 | -0.53 | 41.76 | 37.65 | 6.94 | -12.26 | 67.23 | 0.02 | -1.28 | -41.13 |
| 23Q4 (17) | 13.71 | 4.1 | 4.9 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | -100.0 | 9.3 | -16.96 | -21.91 | 0.65 | -52.21 | -10.96 | 6.16 | -17.76 | -11.75 | 14.04 | -12.86 | -5.61 | 8.28 | 2.35 | -20.77 | 0.58 | -4.92 | 0.0 | 3.99 | 0.25 | 0.0 | 0.05 | 0.0 | 0.0 | 15.74 | 0.0 | 0.0 | 1.75 | 0.0 | 32.58 | 1.2 | 0.0 | 15.38 | 8.82 | 10.66 | 33.43 | 11.77 | 7.78 | 31.07 | -0.91 | -26.39 | 24.17 | 7.91 | 9.1 | 46.21 | 0.02 | -29.93 | -43.76 |
| 23Q3 (16) | 13.17 | 3.78 | 23.55 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | -100.0 | 11.2 | -7.05 | -12.23 | 1.36 | 7.09 | -10.53 | 7.49 | 5.2 | 2.88 | 16.11 | 8.73 | 1.91 | 8.09 | -1.94 | -26.59 | 0.61 | 3.39 | 1.67 | 3.98 | -0.25 | 0.0 | 0.05 | 0.0 | -16.67 | 15.74 | 0.0 | 0.0 | 1.75 | 0.0 | 32.58 | 1.2 | 0.0 | 15.38 | 7.97 | 38.85 | 36.24 | 10.92 | 25.66 | 32.85 | -0.72 | -33.33 | 38.98 | 7.25 | 39.42 | 55.25 | 0.02 | 0.31 | -29.81 |
| 23Q2 (15) | 12.69 | -3.42 | 51.43 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | -100.0 | 12.05 | 6.45 | 0.67 | 1.27 | 41.11 | 8.55 | 7.12 | 6.11 | -9.3 | 14.82 | 5.93 | -16.51 | 8.25 | -8.23 | -33.89 | 0.59 | 3.51 | 3.51 | 3.99 | 0.0 | 0.25 | 0.05 | 0.0 | -16.67 | 15.74 | 0.0 | 0.0 | 1.75 | 32.58 | 32.58 | 1.2 | 15.38 | 15.38 | 5.74 | 14.8 | 32.87 | 8.69 | 18.07 | 29.9 | -0.54 | 36.47 | 59.4 | 5.2 | 25.3 | 73.91 | 0.02 | -15.15 | -21.35 |
| 23Q1 (14) | 13.14 | 0.54 | 53.5 | 2.5 | -7.41 | 0 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 11.32 | -4.95 | 10.12 | 0.9 | 23.29 | 15.38 | 6.71 | -3.87 | 7.88 | 13.99 | -5.95 | -4.02 | 8.99 | -13.97 | -22.3 | 0.57 | -1.72 | 3.64 | 3.99 | 0.0 | 0.25 | 0.05 | 0.0 | 66.67 | 15.74 | 0.0 | 0.0 | 1.32 | 0.0 | 23.36 | 1.04 | 0.0 | -11.86 | 5.0 | -24.36 | 55.28 | 7.36 | -18.04 | 34.8 | -0.85 | 29.17 | -16.44 | 4.15 | -23.29 | 66.67 | 0.03 | -5.68 | -1.73 |
| 22Q4 (13) | 13.07 | 22.61 | 60.17 | 2.7 | 350.0 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 11.91 | -6.66 | 7.98 | 0.73 | -51.97 | 32.73 | 6.98 | -4.12 | -6.93 | 14.88 | -5.92 | -17.01 | 10.45 | -5.17 | -1.04 | 0.58 | -3.33 | 9.43 | 3.99 | 0.25 | 0.25 | 0.05 | -16.67 | 25.0 | 15.74 | 0.0 | -3.08 | 1.32 | 0.0 | 23.36 | 1.04 | 0.0 | -11.86 | 6.61 | 12.99 | 53.72 | 8.98 | 9.25 | 37.1 | -1.2 | -1.69 | -15.38 | 5.41 | 15.85 | 65.95 | 0.03 | -12.55 | 24.6 |
| 22Q3 (12) | 10.66 | 27.21 | 26.15 | 0.6 | 0 | -69.07 | 0 | 0 | 0 | 0.01 | 0.0 | -50.0 | 12.76 | 6.6 | 16.64 | 1.52 | 29.91 | 111.11 | 7.28 | -7.26 | 2.1 | 15.81 | -10.93 | -11.85 | 11.02 | -11.7 | 9.33 | 0.6 | 5.26 | 13.21 | 3.98 | 0.0 | -0.25 | 0.06 | 0.0 | 100.0 | 15.74 | 0.0 | -3.08 | 1.32 | 0.0 | 23.36 | 1.04 | 0.0 | -11.86 | 5.85 | 35.42 | 52.34 | 8.22 | 22.87 | 35.2 | -1.18 | 11.28 | 12.59 | 4.67 | 56.19 | 87.55 | 0.03 | 12.38 | 61.98 |
| 22Q2 (11) | 8.38 | -2.1 | 43.99 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.01 | 0.0 | -50.0 | 11.97 | 16.44 | 14.88 | 1.17 | 50.0 | 95.0 | 7.85 | 26.21 | -2.97 | 17.75 | 21.78 | -15.5 | 12.48 | 7.87 | 36.84 | 0.57 | 3.64 | 5.56 | 3.98 | 0.0 | 0.0 | 0.06 | 100.0 | 50.0 | 15.74 | 0.0 | -3.08 | 1.32 | 23.36 | 59.04 | 1.04 | -11.86 | 0.97 | 4.32 | 34.16 | 31.71 | 6.69 | 22.53 | 30.41 | -1.33 | -82.19 | -29.13 | 2.99 | 20.08 | 32.89 | 0.03 | 6.01 | 42.44 |
| 22Q1 (10) | 8.56 | 4.9 | 4.65 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.01 | 0.0 | -80.0 | 10.28 | -6.8 | 8.78 | 0.78 | 41.82 | 52.94 | 6.22 | -17.07 | -10.5 | 14.58 | -18.68 | -18.89 | 11.57 | 9.56 | 36.92 | 0.55 | 3.77 | 0.0 | 3.98 | 0.0 | 0.0 | 0.03 | -25.0 | -25.0 | 15.74 | -3.08 | -3.08 | 1.07 | 0.0 | 28.92 | 1.18 | 0.0 | 14.56 | 3.22 | -25.12 | 20.15 | 5.46 | -16.64 | 20.53 | -0.73 | 29.81 | 7.59 | 2.49 | -23.62 | 31.75 | 0.03 | 19.6 | 13.74 |
| 21Q4 (9) | 8.16 | -3.43 | -34.3 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0.01 | -50.0 | -80.0 | 11.03 | 0.82 | 23.38 | 0.55 | -23.61 | 103.7 | 7.5 | 5.19 | 27.12 | 17.93 | -0.07 | 13.54 | 10.56 | 4.76 | 21.24 | 0.53 | 0.0 | -3.64 | 3.98 | -0.25 | 0 | 0.04 | 33.33 | 0.0 | 16.24 | 0.0 | 0.0 | 1.07 | 0.0 | 28.92 | 1.18 | 0.0 | 14.56 | 4.3 | 11.98 | 5.91 | 6.55 | 7.73 | 10.83 | -1.04 | 22.96 | 11.86 | 3.26 | 30.92 | 13.19 | 0.02 | 13.68 | 4.94 |
| 21Q3 (8) | 8.45 | 45.19 | -43.06 | 1.94 | 79.63 | -80.72 | 0 | 0 | 0 | 0.02 | 0.0 | -60.0 | 10.94 | 4.99 | 12.78 | 0.72 | 20.0 | 16.13 | 7.13 | -11.87 | 15.0 | 17.94 | -14.62 | 11.9 | 10.08 | 10.53 | 16.26 | 0.53 | -1.85 | -7.02 | 3.99 | 0.25 | 0 | 0.03 | -25.0 | -25.0 | 16.24 | 0.0 | 0.0 | 1.07 | 28.92 | 28.92 | 1.18 | 14.56 | 14.56 | 3.84 | 17.07 | 1.86 | 6.08 | 18.52 | 7.99 | -1.35 | -31.07 | 4.26 | 2.49 | 10.67 | 5.51 | 0.02 | -1.17 | -0.6 |
| 21Q2 (7) | 5.82 | -28.85 | -51.34 | 1.08 | 0.0 | -66.25 | 0 | 0 | -100.0 | 0.02 | -60.0 | 0 | 10.42 | 10.26 | -1.51 | 0.6 | 17.65 | -40.59 | 8.09 | 16.4 | 21.65 | 21.01 | 16.89 | 0 | 9.12 | 7.93 | 8.7 | 0.54 | -1.82 | -6.9 | 3.98 | 0.0 | 0 | 0.04 | 0.0 | -20.0 | 16.24 | 0.0 | 0.0 | 0.83 | 0.0 | 0 | 1.03 | 0.0 | 0 | 3.28 | 22.39 | 0 | 5.13 | 13.25 | 2.4 | -1.03 | -30.38 | 16.94 | 2.25 | 19.05 | 281.45 | 0.02 | -15.35 | -17.53 |
| 21Q1 (6) | 8.18 | -34.14 | -15.32 | 1.08 | -84.57 | -53.65 | 0 | 0 | -100.0 | 0.05 | 0.0 | 0 | 9.45 | 5.7 | 15.95 | 0.51 | 88.89 | 15.91 | 6.95 | 17.8 | 28.47 | 17.97 | 13.84 | 0 | 8.45 | -2.99 | 6.83 | 0.55 | 0.0 | -6.78 | 3.98 | 0 | 0 | 0.04 | 0.0 | -20.0 | 16.24 | 0.0 | 0.0 | 0.83 | 0.0 | 0 | 1.03 | 0.0 | 0 | 2.68 | -33.99 | 0 | 4.53 | -23.35 | -22.3 | -0.79 | 33.05 | 34.17 | 1.89 | -34.38 | 257.5 | 0.02 | 10.34 | -28.19 |
| 20Q4 (5) | 12.42 | -16.31 | -9.21 | 7.0 | -30.42 | 75.0 | 0 | 0 | -100.0 | 0.05 | 0.0 | 0 | 8.94 | -7.84 | -12.78 | 0.27 | -56.45 | -12.9 | 5.9 | -4.84 | 9.67 | 15.79 | -1.5 | 0 | 8.71 | 0.46 | 8.47 | 0.55 | -3.51 | -5.17 | 0 | 0 | 0 | 0.04 | 0.0 | 0.0 | 16.24 | 0.0 | 0.0 | 0.83 | 0.0 | 45.61 | 1.03 | 0.0 | -31.79 | 4.06 | 7.69 | 22.66 | 5.91 | 4.97 | 9.65 | -1.18 | 16.31 | -14.56 | 2.88 | 22.03 | 26.32 | 0.02 | 7.68 | -32.67 |
| 20Q3 (4) | 14.84 | 24.08 | 0.0 | 10.06 | 214.37 | 0.0 | 0 | -100.0 | 0.0 | 0.05 | 0 | 0.0 | 9.7 | -8.32 | 0.0 | 0.62 | -38.61 | 0.0 | 6.2 | -6.77 | 0.0 | 16.03 | 0 | 0.0 | 8.67 | 3.34 | 0.0 | 0.57 | -1.72 | 0.0 | 0 | 0 | 0.0 | 0.04 | -20.0 | 0.0 | 16.24 | 0.0 | 0.0 | 0.83 | 0 | 0.0 | 1.03 | 0 | 0.0 | 3.77 | 0 | 0.0 | 5.63 | 12.38 | 0.0 | -1.41 | -13.71 | 0.0 | 2.36 | 290.32 | 0.0 | 0.02 | -18.01 | 0.0 |
