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) | 18.31 | 0.88 | 0 | 0 | 3.72 | 115.03 | 0 | 0 | 13.32 | -44.64 | -9.0 | 0 | 1.25 | -57.34 | 9.38 | -22.94 | 1.31 | -23.84 | 0 | 0 | 33.84 | -2.7 | 0.19 | -17.39 | 80.2 | -0.61 | 2.47 | 1.23 | 0.9 | 0 | 2.56 | -79.5 | 5.93 | -60.28 | -0.57 | 0 | 1.99 | -82.83 | 0.06 | 0.22 |
| 2022 (9) | 18.15 | -1.57 | 0 | 0 | 1.73 | -31.08 | 0 | 0 | 24.06 | -36.28 | 0.25 | -97.5 | 2.93 | -10.94 | 12.18 | 39.77 | 1.72 | -15.69 | 0 | 0 | 34.78 | -22.23 | 0.23 | 53.33 | 80.69 | 0.0 | 2.44 | 69.44 | 0 | 0 | 12.49 | -21.94 | 14.93 | -14.73 | -0.9 | 0 | 11.59 | -36.25 | 0.06 | 8.47 |
| 2021 (8) | 18.44 | 3.07 | 0 | 0 | 2.51 | 7.73 | 0 | 0 | 37.76 | 22.36 | 10.0 | 185.71 | 3.29 | 22.3 | 8.71 | -0.04 | 2.04 | 2.51 | 0 | 0 | 44.72 | -17.6 | 0.15 | -11.76 | 80.69 | 0.0 | 1.44 | 32.11 | 0.06 | -57.14 | 16.0 | 69.85 | 17.51 | 64.41 | 2.18 | 0 | 18.18 | 94.23 | 0.05 | 96.13 |
| 2020 (7) | 17.89 | 345.02 | 0 | 0 | 2.33 | -61.17 | 0 | 0 | 30.86 | -29.93 | 3.5 | -65.62 | 2.69 | -30.49 | 8.72 | -0.8 | 1.99 | 13.07 | 0 | 0 | 54.27 | 7.25 | 0.17 | -76.06 | 80.69 | 0.0 | 1.09 | 808.33 | 0.14 | 0.0 | 9.42 | -2.99 | 10.65 | 6.71 | -0.06 | 0 | 9.36 | -3.6 | 0.03 | 3.09 |
| 2019 (6) | 4.02 | 26.02 | 0.3 | -94.23 | 6.0 | -32.05 | 0 | 0 | 44.04 | 54.91 | 10.18 | 456.28 | 3.87 | 66.81 | 8.79 | 7.68 | 1.76 | 43.09 | 0 | 0 | 50.6 | -26.29 | 0.71 | 273.68 | 80.69 | 9.5 | 0.12 | 0.0 | 0.14 | 0.0 | 9.71 | 0 | 9.98 | 0 | 0 | 0 | 9.71 | 0 | 0.03 | -29.09 |
| 2018 (5) | 3.19 | -38.3 | 5.2 | -25.71 | 8.83 | 61.43 | 0 | 0 | 28.43 | 4.6 | 1.83 | 29.79 | 2.32 | -18.88 | 8.16 | -22.45 | 1.23 | -47.88 | 56.12 | 2.18 | 68.65 | -12.02 | 0.19 | 216.67 | 73.69 | 0.0 | 0.12 | 0.0 | 0.14 | 0.0 | -0.48 | 0 | -0.22 | 0 | 0 | 0 | -0.48 | 0 | 0.04 | 0 |
| 2017 (4) | 5.17 | -16.07 | 7.0 | 7.69 | 5.47 | -64.64 | 0 | 0 | 27.18 | -0.55 | 1.41 | 0 | 2.86 | 1.42 | 10.52 | 1.98 | 2.36 | 124.76 | 54.92 | -0.38 | 78.03 | 4.43 | 0.06 | 50.0 | 73.69 | 0.0 | 0.12 | 0.0 | 0.14 | 0.0 | -2.56 | 0 | -2.29 | 0 | 0.02 | 0 | -2.54 | 0 | 0.00 | 0 |
| 2016 (3) | 6.16 | -72.68 | 6.5 | 0 | 15.47 | -72.94 | 0 | 0 | 27.33 | -34.29 | -4.93 | 0 | 2.82 | -35.76 | 10.32 | -2.25 | 1.05 | -43.85 | 55.13 | 0 | 74.72 | 968.96 | 0.04 | -87.1 | 73.69 | 0.0 | 0.12 | 0 | 0.14 | 0 | -3.97 | 0 | -3.7 | 0 | -0.03 | 0 | -4.0 | 0 | 0.01 | 0 |
| 2015 (2) | 22.55 | 108.8 | 0 | 0 | 57.16 | 91.11 | 0 | 0 | 41.59 | -7.02 | 1.24 | -78.55 | 4.39 | -19.89 | 10.56 | -13.84 | 1.87 | -31.25 | 0 | 0 | 6.99 | -84.85 | 0.31 | -56.34 | 73.69 | -36.78 | 0 | 0 | 0 | 0 | 1.24 | 0 | 1.24 | 0 | -0.14 | 0 | 1.1 | 0 | 0.00 | 0 |
| 2014 (1) | 10.8 | -20.7 | 1.4 | -90.37 | 29.91 | -24.2 | 0 | 0 | 44.73 | -13.16 | 5.78 | 85.26 | 5.48 | -32.43 | 12.25 | -22.19 | 2.72 | -40.48 | 0 | 0 | 46.15 | -43.58 | 0.71 | -18.39 | 116.56 | 31.86 | 0.45 | 0.0 | 0 | 0 | -48.94 | 0 | -48.49 | 0 | -0.03 | 0 | -48.97 | 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 | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24Q3 (20) | 8.51 | -2.52 | -46.0 | 0 | 0 | 0 | 4.3 | 1.9 | 32.31 | 0 | 0 | 0 | 4.24 | 34.6 | 50.35 | -2.99 | -53.33 | -5.28 | 2.46 | 17.7 | -5.02 | 20.25 | 3.95 | 36.41 | 1.38 | -2.82 | 58.62 | 0 | 0 | 0 | 36.35 | 6.97 | 4.54 | 0.17 | -5.56 | -19.05 | 80.2 | 0.0 | -0.37 | 2.47 | 0.0 | 0.0 | 0.57 | 0.0 | -36.67 | -4.33 | -220.74 | -171.93 | -1.3 | -176.92 | -113.84 | -2.83 | -69.46 | -316.18 | -7.16 | -137.09 | -234.08 | 0.06 | -0.57 | 7.09 |
| 24Q2 (19) | 8.73 | -19.76 | -56.02 | 0 | 0 | -100.0 | 4.22 | 13.44 | 58.05 | 0 | 0 | 0 | 3.15 | 6.42 | -31.67 | -1.95 | 15.22 | -85.71 | 2.09 | 35.71 | -16.4 | 19.48 | 54.18 | 53.18 | 1.42 | 9.23 | 14.52 | 0 | 0 | 0 | 33.98 | 3.25 | -3.68 | 0.18 | -5.26 | -25.0 | 80.2 | 0.0 | -0.37 | 2.47 | 0.0 | 0.0 | 0.57 | -36.67 | -36.67 | -1.35 | -619.23 | -115.24 | 1.69 | -53.57 | -86.18 | -1.67 | -40.34 | -2187.5 | -3.02 | -224.73 | -133.78 | 0.06 | 2.15 | 8.34 |
| 24Q1 (18) | 10.88 | -40.58 | -38.18 | 0 | 0 | 0 | 3.72 | 0.0 | 69.09 | 0 | 0 | 0 | 2.96 | 64.44 | -27.45 | -2.3 | 33.53 | -39.39 | 1.54 | 23.2 | -46.53 | 12.63 | 34.52 | -6.83 | 1.3 | -0.76 | -12.75 | 0 | 0 | 0 | 32.91 | -2.75 | -9.04 | 0.19 | 0.0 | -9.52 | 80.2 | 0.0 | -0.37 | 2.47 | 0.0 | 1.23 | 0.9 | 0.0 | 0 | 0.26 | -89.84 | -97.6 | 3.64 | -38.62 | -72.59 | -1.19 | -108.77 | -981.82 | -0.93 | -146.73 | -108.68 | 0.06 | 2.69 | 4.71 |
| 23Q4 (17) | 18.31 | 16.18 | 0.88 | 0 | 0 | 0 | 3.72 | 14.46 | 115.03 | 0 | 0 | 0 | 1.8 | -36.17 | -69.7 | -3.46 | -21.83 | -592.0 | 1.25 | -51.74 | -57.34 | 9.39 | -36.73 | -22.88 | 1.31 | 50.57 | -23.84 | 0 | 0 | 0 | 33.84 | -2.67 | -2.7 | 0.19 | -9.52 | -17.39 | 80.2 | -0.37 | -0.61 | 2.47 | 0.0 | 1.23 | 0.9 | 0.0 | 0 | 2.56 | -57.48 | -79.5 | 5.93 | -36.85 | -60.28 | -0.57 | 16.18 | 36.67 | 1.99 | -62.73 | -82.83 | 0.06 | 2.68 | 0.22 |
| 23Q3 (16) | 15.76 | -20.6 | 58.87 | 0 | -100.0 | 0 | 3.25 | 21.72 | 87.86 | 0 | 0 | 0 | 2.82 | -38.83 | -43.94 | -2.84 | -170.48 | -259.49 | 2.59 | 3.6 | -20.55 | 14.84 | 16.72 | 28.62 | 0.87 | -29.84 | -56.93 | 0 | 0 | 0 | 34.77 | -1.45 | -1.25 | 0.21 | -12.5 | -19.23 | 80.5 | 0.0 | -0.24 | 2.47 | 0.0 | 1.23 | 0.9 | 0.0 | 0 | 6.02 | -32.05 | -53.66 | 9.39 | -23.22 | -39.18 | -0.68 | -950.0 | 6.85 | 5.34 | -40.27 | -56.44 | 0.06 | 0.59 | -4.39 |
| 23Q2 (15) | 19.85 | 12.78 | 44.26 | 1.5 | 0 | 0 | 2.67 | 21.36 | 54.34 | 0 | 0 | 0 | 4.61 | 12.99 | -25.53 | -1.05 | 36.36 | -208.25 | 2.5 | -13.19 | -9.75 | 12.72 | -6.22 | 49.79 | 1.24 | -16.78 | -32.97 | 0 | 0 | 0 | 35.28 | -2.49 | -1.01 | 0.24 | 14.29 | -17.24 | 80.5 | 0.0 | -0.24 | 2.47 | 1.23 | 1.23 | 0.9 | 0 | 0 | 8.86 | -18.19 | -35.7 | 12.23 | -7.91 | -24.65 | 0.08 | 172.73 | 105.76 | 8.94 | -16.6 | -27.85 | 0.06 | -1.27 | -3.51 |
| 23Q1 (14) | 17.6 | -3.03 | -2.28 | 0 | 0 | -100.0 | 2.2 | 27.17 | 27.17 | 0 | 0 | 0 | 4.08 | -31.31 | -40.87 | -1.65 | -230.0 | -389.47 | 2.88 | -1.71 | -25.39 | 13.56 | 11.34 | 23.65 | 1.49 | -13.37 | -25.87 | 0 | 0 | 0 | 36.18 | 4.03 | 0.3 | 0.21 | -8.7 | 31.25 | 80.5 | -0.24 | -0.24 | 2.44 | 0.0 | 69.44 | 0 | 0 | -100.0 | 10.83 | -13.29 | -21.24 | 13.28 | -11.05 | -12.92 | -0.11 | 87.78 | -110.58 | 10.72 | -7.51 | -27.52 | 0.06 | -1.71 | 1.55 |
| 22Q4 (13) | 18.15 | 82.96 | -1.57 | 0 | 0 | 0 | 1.73 | 0.0 | -31.08 | 0 | 0 | 0 | 5.94 | 18.09 | -41.36 | -0.5 | 36.71 | -122.73 | 2.93 | -10.12 | -10.94 | 12.18 | 5.53 | 39.77 | 1.72 | -14.85 | -15.69 | 0 | 0 | 0 | 34.78 | -1.22 | -22.23 | 0.23 | -11.54 | 53.33 | 80.69 | 0.0 | 0.0 | 2.44 | 0.0 | 69.44 | 0 | 0 | -100.0 | 12.49 | -3.85 | -21.94 | 14.93 | -3.3 | -14.73 | -0.9 | -23.29 | -141.28 | 11.59 | -5.46 | -36.25 | 0.06 | -2.05 | 8.47 |
| 22Q3 (12) | 9.92 | -27.91 | -66.33 | 0 | 0 | -100.0 | 1.73 | 0.0 | -50.14 | 0 | 0 | 0 | 5.03 | -18.74 | -46.55 | -0.79 | -181.44 | -140.51 | 3.26 | 17.69 | -2.98 | 11.54 | 35.94 | 27.01 | 2.02 | 9.19 | 1.51 | 0 | 0 | 0 | 35.21 | -1.21 | -23.9 | 0.26 | -10.34 | 52.94 | 80.69 | 0.0 | 0.0 | 2.44 | 0.0 | 69.44 | 0 | 0 | -100.0 | 12.99 | -5.73 | -5.87 | 15.44 | -4.87 | 0.85 | -0.73 | 47.48 | -178.49 | 12.26 | -1.05 | -16.77 | 0.06 | 1.51 | 12.99 |
| 22Q2 (11) | 13.76 | -23.6 | -53.28 | 0 | -100.0 | 0 | 1.73 | 0.0 | -62.96 | 0 | 0 | 0 | 6.19 | -10.29 | -29.34 | 0.97 | 70.18 | -71.88 | 2.77 | -28.24 | -20.4 | 8.49 | -22.59 | -15.65 | 1.85 | -7.96 | -23.55 | 0 | 0 | 0 | 35.64 | -1.19 | -16.98 | 0.29 | 81.25 | 61.11 | 80.69 | 0.0 | 0.0 | 2.44 | 69.44 | 123.85 | 0 | -100.0 | -100.0 | 13.78 | 0.22 | 13.7 | 16.23 | 6.43 | 21.48 | -1.39 | -233.65 | -137.57 | 12.39 | -16.23 | -21.68 | 0.06 | 3.9 | 125.76 |
| 22Q1 (10) | 18.01 | -2.33 | -26.94 | 7.0 | 0 | 0 | 1.73 | -31.08 | -54.47 | 0 | 0 | 0 | 6.9 | -31.89 | -27.06 | 0.57 | -74.09 | -76.25 | 3.86 | 17.33 | -0.26 | 10.97 | 25.86 | -11.2 | 2.01 | -1.47 | 18.24 | 0 | 0 | 0 | 36.07 | -19.34 | -31.69 | 0.16 | 6.67 | 0.0 | 80.69 | 0.0 | 0.0 | 1.44 | 0.0 | 32.11 | 0.06 | 0.0 | -57.14 | 13.75 | -14.06 | 58.59 | 15.25 | -12.91 | 54.04 | 1.04 | -52.29 | -7.14 | 14.79 | -18.65 | 51.07 | 0.06 | 4.99 | 106.08 |
| 21Q4 (9) | 18.44 | -37.41 | 3.07 | 0 | -100.0 | 0 | 2.51 | -27.67 | 7.73 | 0 | 0 | 0 | 10.13 | 7.65 | 8.34 | 2.2 | 12.82 | 4.27 | 3.29 | -2.08 | 22.3 | 8.71 | -4.11 | -0.01 | 2.04 | 2.51 | 2.51 | 0 | 0 | 0 | 44.72 | -3.35 | -17.6 | 0.15 | -11.76 | -11.76 | 80.69 | 0.0 | 0.0 | 1.44 | 0.0 | 32.11 | 0.06 | 0.0 | -57.14 | 16.0 | 15.94 | 69.85 | 17.51 | 14.37 | 64.41 | 2.18 | 134.41 | 3733.33 | 18.18 | 23.42 | 94.23 | 0.05 | 2.03 | 96.13 |
| 21Q3 (8) | 29.46 | 0.03 | 264.15 | 0.4 | 0 | 0 | 3.47 | -25.7 | 136.05 | 0 | 0 | 0 | 9.41 | 7.42 | 34.24 | 1.95 | -43.48 | 163.51 | 3.36 | -3.45 | 20.0 | 9.09 | -9.71 | 6.34 | 1.99 | -17.77 | 6.99 | 0 | 0 | 0 | 46.27 | 7.78 | -16.07 | 0.17 | -5.56 | -10.53 | 80.69 | 0.0 | 0.0 | 1.44 | 32.11 | 32.11 | 0.06 | -57.14 | -57.14 | 13.8 | 13.86 | 88.78 | 15.31 | 14.6 | 79.27 | 0.93 | -74.86 | 0 | 14.73 | -6.89 | 101.5 | 0.05 | 102.83 | 95.21 |
| 21Q2 (7) | 29.45 | 19.47 | 192.45 | 0 | 0 | 0 | 4.67 | 22.89 | -22.17 | 0 | 0 | 0 | 8.76 | -7.4 | 58.7 | 3.45 | 43.75 | 505.88 | 3.48 | -10.08 | 138.36 | 10.06 | -18.5 | 0 | 2.42 | 42.35 | 106.84 | 0 | 0 | 0 | 42.93 | -18.69 | -15.16 | 0.18 | 12.5 | -10.0 | 80.69 | 0.0 | 0.0 | 1.09 | 0.0 | 0.0 | 0.14 | 0.0 | 0.0 | 12.12 | 39.79 | 84.47 | 13.36 | 34.95 | 71.06 | 3.7 | 230.36 | 0 | 15.82 | 61.59 | 140.79 | 0.03 | -5.15 | 1.59 |
| 21Q1 (6) | 24.65 | 37.79 | 313.59 | 0 | 0 | -100.0 | 3.8 | 63.09 | -36.67 | 0 | 0 | 0 | 9.46 | 1.18 | 5.23 | 2.4 | 13.74 | 60.0 | 3.87 | 43.87 | 1.57 | 12.35 | 41.71 | 0 | 1.7 | -14.57 | -24.44 | 0 | 0 | 0 | 52.8 | -2.71 | 4.35 | 0.16 | -5.88 | -76.81 | 80.69 | 0.0 | 0.0 | 1.09 | 0.0 | 808.33 | 0.14 | 0.0 | 0.0 | 8.67 | -7.96 | 3.34 | 9.9 | -7.04 | 14.45 | 1.12 | 1966.67 | 0 | 9.79 | 4.59 | 16.69 | 0.03 | -0.08 | 5.95 |
| 20Q4 (5) | 17.89 | 121.14 | 345.02 | 0 | 0 | -100.0 | 2.33 | 58.5 | -61.17 | 0 | 0 | 0 | 9.35 | 33.38 | -16.89 | 2.11 | 185.14 | -4.52 | 2.69 | -3.93 | -30.49 | 8.71 | 1.98 | 0 | 1.99 | 6.99 | 13.07 | 0 | 0 | 0 | 54.27 | -1.56 | 7.25 | 0.17 | -10.53 | -76.06 | 80.69 | 0.0 | 0.0 | 1.09 | 0.0 | 808.33 | 0.14 | 0.0 | 0.0 | 9.42 | 28.86 | -2.99 | 10.65 | 24.71 | 6.71 | -0.06 | 0 | 0 | 9.36 | 28.04 | -3.6 | 0.03 | 1.56 | 3.09 |
| 20Q3 (4) | 8.09 | -19.66 | 0.0 | 0 | 0 | 0.0 | 1.47 | -75.5 | 0.0 | 0 | 0 | 0.0 | 7.01 | 26.99 | 0.0 | 0.74 | 187.06 | 0.0 | 2.8 | 91.78 | 0.0 | 8.54 | 0 | 0.0 | 1.86 | 58.97 | 0.0 | 0 | 0 | 0.0 | 55.13 | 8.95 | 0.0 | 0.19 | -5.0 | 0.0 | 80.69 | 0.0 | 0.0 | 1.09 | 0.0 | 0.0 | 0.14 | 0.0 | 0.0 | 7.31 | 11.26 | 0.0 | 8.54 | 9.35 | 0.0 | 0 | 0 | 0.0 | 7.31 | 11.26 | 0.0 | 0.03 | 5.56 | 0.0 |
