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) | 2.4 | -0.83 | 8.09 | 1.38 | 18.58 | 13.71 | 0 | 0 | 34.84 | 18.02 | 2.05 | -0.97 | 0.72 | -24.21 | 2.07 | -35.78 | 51.4 | 18.19 | 2.69 | -6.6 | 5.44 | 9.24 | 0 | 0 | 23.07 | 0.87 | 3.11 | 7.24 | 0.19 | -17.39 | 6.35 | 9.29 | 9.65 | 7.82 | -0.22 | 0 | 6.13 | 9.07 | 0.03 | -1.49 |
| 2022 (9) | 2.42 | -18.79 | 7.98 | 119.83 | 16.34 | -7.79 | 0 | 0 | 29.52 | -18.34 | 2.07 | 100.97 | 0.95 | -64.94 | 3.22 | -57.07 | 43.49 | 10.21 | 2.88 | 13.39 | 4.98 | -1.39 | 0 | 0 | 22.87 | 0.0 | 2.9 | 3.57 | 0.23 | 0.0 | 5.81 | 31.45 | 8.95 | 20.3 | -0.19 | 0 | 5.62 | 34.13 | 0.03 | -6.46 |
| 2021 (8) | 2.98 | 42.58 | 3.63 | -65.13 | 17.72 | 32.93 | 0 | 0 | 36.15 | -30.72 | 1.03 | -67.41 | 2.71 | -47.78 | 7.50 | -24.63 | 39.46 | 0.64 | 2.54 | 3.25 | 5.05 | 1842.31 | 0 | 0 | 22.87 | 0.0 | 2.8 | 12.9 | 0.23 | -8.0 | 4.42 | -19.49 | 7.44 | -9.6 | -0.23 | 0 | 4.19 | -20.34 | 0.03 | 4.19 |
| 2020 (7) | 2.09 | 31.45 | 10.41 | -3.52 | 13.33 | 1525.61 | 0 | 0 | 52.18 | -7.22 | 3.16 | 80.57 | 5.19 | 25.97 | 9.95 | 35.77 | 39.21 | -8.69 | 2.46 | 49.09 | 0.26 | -94.78 | 0 | 0 | 22.87 | 0.0 | 2.48 | 7.36 | 0.25 | 56.25 | 5.49 | 45.62 | 8.23 | 31.89 | -0.23 | 0 | 5.26 | 49.43 | 0.03 | -29.98 |
| 2019 (6) | 1.59 | -23.92 | 10.79 | -41.1 | 0.82 | 1.23 | 0 | 0 | 56.24 | 425.12 | 1.75 | 0 | 4.12 | 155.9 | 7.33 | -51.27 | 42.94 | -34.52 | 1.65 | 10.74 | 4.98 | 0.4 | 0 | 0 | 22.87 | -1.85 | 2.31 | 0.0 | 0.16 | 0.0 | 3.77 | 86.63 | 6.24 | 38.98 | -0.25 | 0 | 3.52 | 87.23 | 0.04 | -13.22 |
| 2018 (5) | 2.09 | 6.63 | 18.32 | 7.64 | 0.81 | -40.44 | 0 | 0 | 10.71 | -72.55 | -1.36 | 0 | 1.61 | -70.67 | 15.03 | 6.82 | 65.58 | 117.44 | 1.49 | 21.14 | 4.96 | 0.2 | 0 | 0 | 23.3 | 0.0 | 2.31 | 9.48 | 0.16 | -40.74 | 2.02 | -59.92 | 4.49 | -39.49 | -0.14 | 0 | 1.88 | -62.25 | 0.05 | 8.42 |
| 2017 (4) | 1.96 | 54.33 | 17.02 | 11.75 | 1.36 | -91.76 | 0 | 0 | 39.01 | 35.08 | 2.01 | 356.82 | 5.49 | 147.3 | 14.07 | 83.08 | 30.16 | -39.93 | 1.23 | 0.82 | 4.95 | 0.2 | 0 | 0 | 23.3 | 0.0 | 2.11 | 2.43 | 0.27 | 0 | 5.04 | 25.06 | 7.42 | 21.64 | -0.06 | 0 | 4.98 | 24.81 | 0.04 | -0.77 |
| 2016 (3) | 1.27 | 35.11 | 15.23 | -6.51 | 16.51 | 25.27 | 0 | 0 | 28.88 | 14.88 | 0.44 | -69.23 | 2.22 | -27.92 | 7.69 | -37.26 | 50.21 | 8.3 | 1.22 | -3.94 | 4.94 | 0 | 0.02 | -75.0 | 23.3 | 0.0 | 2.06 | 7.29 | 0 | 0 | 4.03 | -17.42 | 6.1 | -10.29 | -0.04 | 0 | 3.99 | -19.72 | 0.04 | 7.54 |
| 2015 (2) | 0.94 | -75.46 | 16.29 | 34.41 | 13.18 | 79.81 | 0 | 0 | 25.14 | -31.91 | 1.43 | -23.12 | 3.08 | -57.1 | 12.25 | -37.0 | 46.36 | 52.0 | 1.27 | -1.55 | 0 | 0 | 0.08 | 0 | 23.3 | 4.02 | 1.92 | 10.34 | 0 | 0 | 4.88 | -10.13 | 6.8 | -5.03 | 0.09 | 28.57 | 4.97 | -9.64 | 0.04 | -8.24 |
| 2014 (1) | 3.83 | 130.72 | 12.12 | 11.81 | 7.33 | 224.34 | 0 | 0 | 36.92 | -54.84 | 1.86 | -85.16 | 7.18 | -65.58 | 19.45 | -23.78 | 30.5 | 72.41 | 1.29 | 1.57 | 0 | 0 | 0 | 0 | 22.4 | 9.97 | 1.74 | 89.13 | 0 | 0 | 5.43 | -33.7 | 7.16 | -23.67 | 0.07 | 133.33 | 5.5 | -33.09 | 0.04 | -24.78 |
| 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) | 3.57 | 130.32 | 84.97 | 10.32 | -12.91 | 14.92 | 23.08 | 21.22 | -6.41 | 0 | 0 | 0 | 5.78 | -22.62 | -26.84 | 0.5 | 16.28 | 16.28 | 1.22 | 22.0 | -51.59 | 3.98 | 30.45 | -46.64 | 56.34 | 3.93 | 10.67 | 0.64 | -77.62 | -75.0 | 5.32 | -0.75 | 1.33 | 0 | 0 | 0 | 23.52 | 0.0 | 1.95 | 3.31 | 0.0 | 6.43 | 0.22 | 0.0 | 15.79 | 6.23 | 8.54 | 7.23 | 9.77 | 5.39 | 7.24 | -0.05 | 16.67 | 61.54 | 6.18 | 8.8 | 8.8 | 0.03 | -0.41 | -1.63 |
| 24Q2 (19) | 1.55 | -34.6 | -7.74 | 11.85 | 2.86 | 90.82 | 19.04 | -16.42 | -3.3 | 0 | 0 | 0 | 7.47 | 7.02 | -20.87 | 0.43 | -23.21 | -24.56 | 1.0 | -44.44 | -40.83 | 3.05 | -41.1 | -41.57 | 54.21 | -9.2 | 27.19 | 2.86 | 1.42 | 15.79 | 5.36 | -0.56 | 7.63 | 0 | 0 | 0 | 23.52 | 1.95 | 0.86 | 3.31 | 6.43 | 6.43 | 0.22 | 15.79 | 15.79 | 5.74 | -16.93 | 6.69 | 9.27 | -9.21 | 6.67 | -0.06 | 40.0 | 75.0 | 5.68 | -16.59 | 10.51 | 0.03 | 1.01 | -2.84 |
| 24Q1 (18) | 2.37 | -1.25 | 28.11 | 11.52 | 42.4 | 26.04 | 22.78 | 22.6 | 4.88 | 0 | 0 | 0 | 6.98 | -32.82 | -1.97 | 0.56 | 3.7 | 9.8 | 1.8 | 150.0 | -37.93 | 5.19 | 151.01 | -47.25 | 59.7 | 16.15 | 16.15 | 2.82 | 4.83 | -2.42 | 5.39 | -0.92 | 8.23 | 0 | 0 | 0 | 23.07 | 0.0 | 0.87 | 3.11 | 0.0 | 7.24 | 0.19 | 0.0 | -17.39 | 6.91 | 8.82 | 9.16 | 10.21 | 5.8 | 7.93 | -0.1 | 54.55 | 44.44 | 6.81 | 11.09 | 10.73 | 0.03 | -1.99 | -1.89 |
| 23Q4 (17) | 2.4 | 24.35 | -0.83 | 8.09 | -9.91 | 1.38 | 18.58 | -24.66 | 13.71 | 0 | 0 | 0 | 10.39 | 31.52 | 11.84 | 0.54 | 25.58 | -12.9 | 0.72 | -71.43 | -24.21 | 2.07 | -72.33 | -35.8 | 51.4 | 0.96 | 18.19 | 2.69 | 5.08 | -6.6 | 5.44 | 3.62 | 9.24 | 0 | 0 | 0 | 23.07 | 0.0 | 0.87 | 3.11 | 0.0 | 7.24 | 0.19 | 0.0 | -17.39 | 6.35 | 9.29 | 9.29 | 9.65 | 5.93 | 7.82 | -0.22 | -69.23 | -15.79 | 6.13 | 7.92 | 9.07 | 0.03 | -0.22 | -1.49 |
| 23Q3 (16) | 1.93 | 14.88 | 72.32 | 8.98 | 44.61 | -3.85 | 24.66 | 25.24 | 2.54 | 0 | 0 | 0 | 7.9 | -16.31 | 21.91 | 0.43 | -24.56 | -18.87 | 2.52 | 49.11 | 50.9 | 7.47 | 42.84 | 24.3 | 50.91 | 19.45 | -3.85 | 2.56 | 3.64 | -3.03 | 5.25 | 5.42 | 5.63 | 0 | 0 | 0 | 23.07 | -1.07 | 0.87 | 3.11 | 0.0 | 7.24 | 0.19 | 0.0 | -17.39 | 5.81 | 7.99 | 11.95 | 9.11 | 4.83 | 9.36 | -0.13 | 45.83 | 18.75 | 5.68 | 10.51 | 12.92 | 0.03 | -1.64 | -1.98 |
| 23Q2 (15) | 1.68 | -9.19 | -10.64 | 6.21 | -32.06 | -12.78 | 19.69 | -9.35 | -15.6 | 0 | 0 | 0 | 9.44 | 32.58 | 42.81 | 0.57 | 11.76 | 29.55 | 1.69 | -41.72 | -42.91 | 5.23 | -46.83 | -48.86 | 42.62 | -17.08 | -10.63 | 2.47 | -14.53 | -5.36 | 4.98 | 0.0 | 0.0 | 0 | 0 | 0 | 23.32 | 1.97 | 1.97 | 3.11 | 7.24 | 7.24 | 0.19 | -17.39 | -17.39 | 5.38 | -15.01 | 15.45 | 8.69 | -8.14 | 11.55 | -0.24 | -33.33 | -33.33 | 5.14 | -16.42 | 14.73 | 0.03 | 1.99 | -1.45 |
| 23Q1 (14) | 1.85 | -23.55 | 2.78 | 9.14 | 14.54 | 68.01 | 21.72 | 32.93 | 4.78 | 0 | 0 | 0 | 7.12 | -23.36 | -0.28 | 0.51 | -17.74 | 6.25 | 2.9 | 205.26 | 44.28 | 9.83 | 205.47 | 71.52 | 51.4 | 18.19 | 17.11 | 2.89 | 0.35 | 9.89 | 4.98 | 0.0 | -0.6 | 0 | 0 | 0 | 22.87 | 0.0 | 0.0 | 2.9 | 0.0 | 3.57 | 0.23 | 0.0 | 0.0 | 6.33 | 8.95 | 29.18 | 9.46 | 5.7 | 19.44 | -0.18 | 5.26 | -20.0 | 6.15 | 9.43 | 29.47 | 0.03 | -1.59 | -6.28 |
| 22Q4 (13) | 2.42 | 116.07 | -18.79 | 7.98 | -14.56 | 119.83 | 16.34 | -32.06 | -7.79 | 0 | 0 | 0 | 9.29 | 43.36 | 22.72 | 0.62 | 16.98 | 113.79 | 0.95 | -43.11 | -64.94 | 3.22 | -46.43 | -57.08 | 43.49 | -17.87 | 10.21 | 2.88 | 9.09 | 13.39 | 4.98 | 0.2 | -1.39 | 0 | 0 | 0 | 22.87 | 0.0 | 0.0 | 2.9 | 0.0 | 3.57 | 0.23 | 0.0 | 0.0 | 5.81 | 11.95 | 31.45 | 8.95 | 7.44 | 20.3 | -0.19 | -18.75 | 17.39 | 5.62 | 11.73 | 34.13 | 0.03 | -0.72 | -6.46 |
| 22Q3 (12) | 1.12 | -40.43 | -45.37 | 9.34 | 31.18 | -15.63 | 24.05 | 3.09 | -1.15 | 0 | 0 | 0 | 6.48 | -1.97 | -15.18 | 0.53 | 20.45 | 1666.67 | 1.67 | -43.58 | -44.7 | 6.01 | -41.23 | -20.95 | 52.95 | 11.03 | 21.03 | 2.64 | 1.15 | 5.6 | 4.97 | -0.2 | 4418.18 | 0 | 0 | 0 | 22.87 | 0.0 | 0.0 | 2.9 | 0.0 | 3.57 | 0.23 | 0.0 | 0.0 | 5.19 | 11.37 | 25.67 | 8.33 | 6.93 | 16.5 | -0.16 | 11.11 | 40.74 | 5.03 | 12.28 | 30.31 | 0.03 | -1.11 | -5.7 |
| 22Q2 (11) | 1.88 | 4.44 | -36.05 | 7.12 | 30.88 | -25.29 | 23.33 | 12.54 | 11.15 | 0 | 0 | 0 | 6.61 | -7.42 | -48.03 | 0.44 | -8.33 | 41.94 | 2.96 | 47.26 | -25.81 | 10.22 | 78.33 | 24.85 | 47.69 | 8.66 | 15.58 | 2.61 | -0.76 | 5.24 | 4.98 | -0.6 | 2163.64 | 0 | 0 | 0 | 22.87 | 0.0 | 0.0 | 2.9 | 3.57 | 16.94 | 0.23 | 0.0 | -8.0 | 4.66 | -4.9 | -24.84 | 7.79 | -1.64 | -12.77 | -0.18 | -20.0 | 28.0 | 4.48 | -5.68 | -24.71 | 0.03 | -3.0 | 0.29 |
| 22Q1 (10) | 1.8 | -39.6 | 13.21 | 5.44 | 49.86 | -55.12 | 20.73 | 16.99 | 14.66 | 0 | 0 | 0 | 7.14 | -5.68 | -13.03 | 0.48 | 65.52 | 20.0 | 2.01 | -25.83 | -60.67 | 5.73 | -23.57 | -38.74 | 43.89 | 11.23 | 10.61 | 2.63 | 3.54 | 5.62 | 5.01 | -0.79 | 1987.5 | 0 | 0 | 0 | 22.87 | 0.0 | 0.0 | 2.8 | 0.0 | 12.9 | 0.23 | 0.0 | -8.0 | 4.9 | 10.86 | -16.67 | 7.92 | 6.45 | -8.12 | -0.15 | 34.78 | 37.5 | 4.75 | 13.37 | -15.78 | 0.03 | -1.78 | 2.42 |
| 21Q4 (9) | 2.98 | 45.37 | 42.58 | 3.63 | -67.21 | -65.13 | 17.72 | -27.17 | 32.93 | 0 | 0 | 0 | 7.57 | -0.92 | -32.23 | 0.29 | 866.67 | 20.83 | 2.71 | -10.26 | -47.78 | 7.50 | -1.33 | -24.62 | 39.46 | -9.81 | 0.64 | 2.54 | 1.6 | 3.25 | 5.05 | 4490.91 | 1842.31 | 0 | 0 | 0 | 22.87 | 0.0 | 0.0 | 2.8 | 0.0 | 12.9 | 0.23 | 0.0 | -8.0 | 4.42 | 7.02 | -19.49 | 7.44 | 4.06 | -9.6 | -0.23 | 14.81 | 0.0 | 4.19 | 8.55 | -20.34 | 0.03 | 0.09 | 4.19 |
| 21Q3 (8) | 2.05 | -30.27 | -41.76 | 11.07 | 16.16 | -20.99 | 24.33 | 15.91 | 583.43 | 0 | 0 | 0 | 7.64 | -39.94 | -54.09 | 0.03 | -90.32 | -97.84 | 3.02 | -24.31 | -29.11 | 7.60 | -7.17 | 56.55 | 43.75 | 6.03 | 29.82 | 2.5 | 0.81 | 7.3 | 0.11 | -50.0 | -97.94 | 0 | 0 | 0 | 22.87 | 0.0 | 0.0 | 2.8 | 12.9 | 12.9 | 0.23 | -8.0 | -8.0 | 4.13 | -33.39 | -22.08 | 7.15 | -19.93 | -11.07 | -0.27 | -8.0 | 6.9 | 3.86 | -35.13 | -22.95 | 0.03 | 5.18 | -21.2 |
| 21Q2 (7) | 2.94 | 84.91 | -32.1 | 9.53 | -21.37 | 3.93 | 20.99 | 16.1 | 0 | 0 | 0 | 0 | 12.72 | 54.93 | -31.61 | 0.31 | -22.5 | -81.44 | 3.99 | -21.92 | -15.11 | 8.19 | -12.5 | 0 | 41.26 | 3.98 | 179.73 | 2.48 | -0.4 | 53.09 | 0.22 | -8.33 | -95.71 | 0 | 0 | 0 | 22.87 | 0.0 | 0.0 | 2.48 | 0.0 | 0.0 | 0.25 | 0.0 | 0.0 | 6.2 | 5.44 | 59.38 | 8.93 | 3.6 | 34.69 | -0.25 | -4.17 | 26.47 | 5.95 | 5.5 | 67.61 | 0.03 | -0.93 | -27.32 |
| 21Q1 (6) | 1.59 | -23.92 | -26.73 | 12.12 | 16.43 | -11.73 | 18.08 | 35.63 | 2482.86 | 0 | 0 | 0 | 8.21 | -26.5 | 42.53 | 0.4 | 66.67 | 385.71 | 5.11 | -1.54 | -2.48 | 9.36 | -5.96 | 0 | 39.68 | 1.2 | -11.43 | 2.49 | 1.22 | 51.83 | 0.24 | -7.69 | -95.18 | 0 | 0 | 0 | 22.87 | 0.0 | 0.0 | 2.48 | 0.0 | 7.36 | 0.25 | 0.0 | 56.25 | 5.88 | 7.1 | 61.98 | 8.62 | 4.74 | 41.31 | -0.24 | -4.35 | 25.0 | 5.64 | 7.22 | 70.39 | 0.03 | -0.09 | -25.66 |
| 20Q4 (5) | 2.09 | -40.62 | 31.45 | 10.41 | -25.7 | -3.52 | 13.33 | 274.44 | 0 | 0 | 0 | 0 | 11.17 | -32.87 | -76.11 | 0.24 | -82.73 | -89.57 | 5.19 | 21.83 | 25.97 | 9.95 | 104.94 | 0 | 39.21 | 16.35 | 61.69 | 2.46 | 5.58 | 49.09 | 0.26 | -95.12 | -94.78 | 0 | 0 | 0 | 22.87 | 0.0 | 0.0 | 2.48 | 0.0 | 7.36 | 0.25 | 0.0 | 56.25 | 5.49 | 3.58 | 45.62 | 8.23 | 2.36 | 31.89 | -0.23 | 20.69 | 8.0 | 5.26 | 4.99 | 49.43 | 0.03 | -24.3 | -29.98 |
| 20Q3 (4) | 3.52 | -18.71 | 0.0 | 14.01 | 52.78 | 0.0 | 3.56 | 0 | 0.0 | 0 | 0 | 0.0 | 16.64 | -10.54 | 0.0 | 1.39 | -16.77 | 0.0 | 4.26 | -9.36 | 0.0 | 4.85 | 0 | 0.0 | 33.7 | 128.47 | 0.0 | 2.33 | 43.83 | 0.0 | 5.33 | 3.9 | 0.0 | 0 | 0 | 0.0 | 22.87 | 0.0 | 0.0 | 2.48 | 0.0 | 0.0 | 0.25 | 0.0 | 0.0 | 5.3 | 36.25 | 0.0 | 8.04 | 21.27 | 0.0 | -0.29 | 14.71 | 0.0 | 5.01 | 41.13 | 0.0 | 0.04 | -2.99 | 0.0 |
