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) | 14.61 | 32.46 | 1.83 | 56.41 | 1.61 | 42.48 | 0 | 0 | 13.43 | -29.87 | -0.56 | 0 | 3.37 | -33.4 | 25.09 | -5.03 | 0.74 | -56.98 | 0 | 0 | 0.64 | -72.05 | 0.86 | 290.91 | 11.5 | -3.12 | 7.08 | 3.66 | 2.2 | -6.38 | 1.75 | -57.93 | 11.02 | -17.45 | -1.33 | 0 | 0.42 | -79.41 | 0.03 | 51.4 |
| 2022 (9) | 11.03 | 15.74 | 1.17 | -76.07 | 1.13 | -13.08 | 0 | 0 | 19.15 | -27.63 | 2.4 | 0 | 5.06 | -42.04 | 26.42 | -19.91 | 1.72 | 0.0 | 0 | 0 | 2.29 | -50.54 | 0.22 | -40.54 | 11.87 | 0.0 | 6.83 | 0.0 | 2.35 | -36.66 | 4.16 | 824.44 | 13.35 | 21.47 | -2.12 | 0 | 2.04 | 0 | 0.02 | -83.57 |
| 2021 (8) | 9.53 | 4.04 | 4.89 | -75.29 | 1.3 | 54.76 | 0 | 0 | 26.46 | -28.49 | -3.57 | 0 | 8.73 | -54.13 | 32.99 | -35.85 | 1.72 | -53.39 | 0 | 0 | 4.63 | 7.67 | 0.37 | -47.14 | 11.87 | 15.92 | 6.83 | 0.0 | 3.71 | -1.85 | 0.45 | -91.26 | 10.99 | -30.27 | -2.39 | 0 | -1.94 | 0 | 0.12 | 188.76 |
| 2020 (7) | 9.16 | 18.96 | 19.79 | 31.41 | 0.84 | 200.0 | 0 | 0 | 37.0 | 27.1 | -0.45 | 0 | 19.03 | 52.12 | 51.43 | 19.68 | 3.69 | -12.97 | 0 | 0 | 4.3 | 430.86 | 0.7 | -1.41 | 10.24 | 0.0 | 6.83 | 0.15 | 3.78 | 21.15 | 5.15 | -22.44 | 15.76 | -4.95 | -3.75 | 0 | 1.4 | -50.53 | 0.04 | -25.28 |
| 2019 (6) | 7.7 | -19.79 | 15.06 | 16633.33 | 0.28 | 0 | 0 | 0 | 29.11 | -7.68 | 0.1 | -88.37 | 12.51 | 103.41 | 42.97 | 120.33 | 4.24 | 214.07 | 0 | 0 | 0.81 | 0 | 0.71 | 1675.0 | 10.24 | -1.06 | 6.82 | 1.19 | 3.12 | 1542.11 | 6.64 | -36.4 | 16.58 | -4.49 | -3.81 | 0 | 2.83 | -61.76 | 0.06 | 0 |
| 2018 (5) | 9.6 | 22.14 | 0.09 | 0 | 0 | 0 | 0 | 0 | 31.53 | 18.94 | 0.86 | 120.51 | 6.15 | 57.29 | 19.51 | 32.25 | 1.35 | 221.43 | 0 | 0 | 0 | 0 | 0.04 | -75.0 | 10.35 | 0.0 | 6.74 | 0.6 | 0.19 | -13.64 | 10.44 | 47.88 | 17.36 | 24.18 | -3.04 | 0 | 7.4 | 6.47 | 0.00 | 0 |
| 2017 (4) | 7.86 | -37.42 | 0 | 0 | 0 | 0 | 0 | 0 | 26.51 | -24.56 | 0.39 | -71.94 | 3.91 | -31.28 | 14.75 | -8.91 | 0.42 | -71.03 | 0 | 0 | 0 | 0 | 0.16 | -20.0 | 10.35 | -2.63 | 6.7 | 2.13 | 0.22 | 4.76 | 7.06 | -9.14 | 13.98 | -3.85 | -0.11 | 0 | 6.95 | -12.25 | 0.00 | 0 |
| 2016 (3) | 12.56 | -20.66 | 0.92 | 19.48 | 0 | 0 | 0 | 0 | 35.14 | 19.69 | 1.39 | -76.91 | 5.69 | -3.07 | 16.19 | -19.01 | 1.45 | 35.51 | 0 | 0 | 0 | 0 | 0.2 | 0.0 | 10.63 | -19.77 | 6.56 | 10.07 | 0.21 | 5.0 | 7.77 | -7.06 | 14.54 | 0.14 | 0.15 | -60.53 | 7.92 | -9.38 | 0.00 | 12.28 |
| 2015 (2) | 15.83 | 33.59 | 0.77 | 208.0 | 0 | 0 | 0 | 0 | 29.36 | -14.75 | 6.02 | 109.76 | 5.87 | 11.81 | 19.99 | 31.16 | 1.07 | 32.1 | 0 | 0 | 0 | 0 | 0.2 | -4.76 | 13.25 | 0.45 | 5.96 | 5.11 | 0.2 | 25.0 | 8.36 | 95.78 | 14.52 | 43.76 | 0.38 | 0 | 8.74 | 105.16 | 0.00 | -16.24 |
| 2014 (1) | 11.85 | -18.84 | 0.25 | 0 | 0 | 0 | 0 | 0 | 34.44 | 23.62 | 2.87 | 0 | 5.25 | 14.13 | 15.24 | -7.67 | 0.81 | -25.69 | 0 | 0 | 0 | 0 | 0.21 | -16.0 | 13.19 | 1.0 | 5.67 | 0.0 | 0.16 | -64.44 | 4.27 | 284.68 | 10.1 | 39.7 | -0.01 | 0 | 4.26 | 294.44 | 0.00 | -83.78 |
| 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) | 11.81 | -18.27 | -11.0 | 0.14 | -6.67 | -69.57 | 0.87 | -23.68 | -42.76 | 0 | 0 | 0 | 2.21 | 33.13 | -29.17 | -0.48 | -380.0 | 59.32 | 2.23 | -7.85 | -31.38 | 24.29 | 1.28 | 6.96 | 0.62 | -22.5 | 26.53 | 0 | 0 | -100.0 | 0.16 | -44.83 | -81.18 | 0.8 | -2.44 | 370.59 | 11.5 | 0.0 | -3.12 | 7.08 | 0.0 | 0.0 | 1.36 | 0.0 | -38.18 | 0.27 | -64.0 | -88.11 | 8.71 | -5.22 | -24.59 | -1.19 | 0.83 | 6.3 | -0.92 | -104.44 | -192.0 | 0.03 | -5.1 | 0 |
| 24Q2 (19) | 14.45 | -11.57 | -1.3 | 0.15 | -78.26 | -68.09 | 1.14 | -17.99 | -18.57 | 0 | 0 | 0 | 1.66 | -25.56 | -53.63 | -0.1 | 90.48 | 79.59 | 2.42 | -7.28 | -19.6 | 23.98 | 10.36 | 36.02 | 0.8 | 33.33 | 31.15 | 0 | 0 | -100.0 | 0.29 | -34.09 | -76.61 | 0.82 | -2.38 | 331.58 | 11.5 | 0.0 | -3.12 | 7.08 | 0.0 | 0.0 | 1.36 | -38.18 | -38.18 | 0.75 | 8.7 | -78.32 | 9.19 | -7.82 | -27.81 | -1.2 | 8.4 | 23.08 | -0.45 | 27.42 | -123.68 | 0.03 | 1.93 | 0 |
| 24Q1 (18) | 16.34 | 11.84 | 15.23 | 0.69 | -62.3 | -13.75 | 1.39 | -13.66 | 6.92 | 0 | 0 | 0 | 2.23 | -27.6 | -38.9 | -1.05 | -1600.0 | -201.94 | 2.61 | -22.55 | -31.5 | 21.73 | -13.39 | 4.61 | 0.6 | -18.92 | -35.48 | 0 | 0 | -100.0 | 0.44 | -31.25 | -76.72 | 0.84 | -2.33 | 320.0 | 11.5 | 0.0 | -3.12 | 7.08 | 0.0 | 3.66 | 2.2 | 0.0 | -6.38 | 0.69 | -60.57 | -86.44 | 9.97 | -9.53 | -30.18 | -1.31 | 1.5 | 35.78 | -0.62 | -247.62 | -120.33 | 0.03 | -1.45 | 0 |
| 23Q4 (17) | 14.61 | 10.1 | 32.46 | 1.83 | 297.83 | 56.41 | 1.61 | 5.92 | 42.48 | 0 | 0 | 0 | 3.08 | -1.28 | -22.22 | 0.07 | 105.93 | -97.61 | 3.37 | 3.69 | -33.4 | 25.09 | 10.49 | -5.03 | 0.74 | 51.02 | -56.98 | 0 | -100.0 | 0 | 0.64 | -24.71 | -72.05 | 0.86 | 405.88 | 290.91 | 11.5 | -3.12 | -3.12 | 7.08 | 0.0 | 3.66 | 2.2 | 0.0 | -6.38 | 1.75 | -22.91 | -57.93 | 11.02 | -4.59 | -17.45 | -1.33 | -4.72 | 37.26 | 0.42 | -58.0 | -79.41 | 0.03 | 0 | 51.4 |
| 23Q3 (16) | 13.27 | -9.36 | 4.9 | 0.46 | -2.13 | -76.53 | 1.52 | 8.57 | -25.12 | 0 | 0 | 0 | 3.12 | -12.85 | -46.94 | -1.18 | -140.82 | -202.61 | 3.25 | 7.97 | -54.29 | 22.71 | 28.8 | -24.65 | 0.49 | -19.67 | -75.13 | 0.1 | 0.0 | 0 | 0.85 | -31.45 | -78.15 | 0.17 | -10.53 | -55.26 | 11.87 | 0.0 | 0.0 | 7.08 | 0.0 | 3.66 | 2.2 | 0.0 | -6.38 | 2.27 | -34.39 | 77.34 | 11.55 | -9.27 | 10.32 | -1.27 | 18.59 | 36.5 | 1.0 | -47.37 | 238.89 | 0.00 | 0 | -100.0 |
| 23Q2 (15) | 14.64 | 3.24 | 20.3 | 0.47 | -41.25 | -85.58 | 1.4 | 7.69 | -19.54 | 0 | 0 | 0 | 3.58 | -1.92 | -26.19 | -0.49 | -147.57 | 34.67 | 3.01 | -21.0 | -57.18 | 17.63 | -15.12 | -40.13 | 0.61 | -34.41 | -73.82 | 0.1 | 0.0 | 0 | 1.24 | -34.39 | -69.38 | 0.19 | -5.0 | -51.28 | 11.87 | 0.0 | 0.0 | 7.08 | 3.66 | 3.66 | 2.2 | -6.38 | -6.38 | 3.46 | -32.02 | 2561.54 | 12.73 | -10.85 | 36.59 | -1.56 | 23.53 | 27.78 | 1.9 | -37.7 | 193.6 | 0.00 | 0 | -100.0 |
| 23Q1 (14) | 14.18 | 28.56 | 10.69 | 0.8 | -31.62 | -83.3 | 1.3 | 15.04 | -20.25 | 0 | 0 | 0 | 3.65 | -7.83 | -18.16 | 1.03 | -64.85 | 211.96 | 3.81 | -24.7 | -41.38 | 20.77 | -21.38 | -35.7 | 0.93 | -45.93 | -68.26 | 0.1 | 0 | 0 | 1.89 | -17.47 | -58.55 | 0.2 | -9.09 | -50.0 | 11.87 | 0.0 | 0.0 | 6.83 | 0.0 | 0.0 | 2.35 | 0.0 | -36.66 | 5.09 | 22.36 | 1206.52 | 14.28 | 6.97 | 41.67 | -2.04 | 3.77 | 5.99 | 3.05 | 49.51 | 215.97 | 0.00 | -100.0 | -100.0 |
| 22Q4 (13) | 11.03 | -12.81 | 15.74 | 1.17 | -40.31 | -76.07 | 1.13 | -44.33 | -13.08 | 0 | 0 | 0 | 3.96 | -32.65 | -52.86 | 2.93 | 154.78 | 765.91 | 5.06 | -28.83 | -42.04 | 26.42 | -12.33 | -19.91 | 1.72 | -12.69 | 0.0 | 0 | 0 | 0 | 2.29 | -41.13 | -50.54 | 0.22 | -42.11 | -40.54 | 11.87 | 0.0 | 0.0 | 6.83 | 0.0 | 0.0 | 2.35 | 0.0 | -36.66 | 4.16 | 225.0 | 824.44 | 13.35 | 27.51 | 21.47 | -2.12 | -6.0 | 11.3 | 2.04 | 383.33 | 205.15 | 0.02 | -42.82 | -83.57 |
| 22Q3 (12) | 12.65 | 3.94 | 43.26 | 1.96 | -39.88 | -82.88 | 2.03 | 16.67 | 53.79 | 0 | 0 | 0 | 5.88 | 21.24 | -4.55 | 1.15 | 253.33 | 192.0 | 7.11 | 1.14 | -14.75 | 30.14 | 2.34 | 14.42 | 1.97 | -15.45 | 2.6 | 0 | 0 | 0 | 3.89 | -3.95 | -0.26 | 0.38 | -2.56 | 0.0 | 11.87 | 0.0 | 15.92 | 6.83 | 0.0 | 0.0 | 2.35 | 0.0 | -36.66 | 1.28 | 884.62 | -40.74 | 10.47 | 12.34 | -17.56 | -2.0 | 7.41 | 45.05 | -0.72 | 64.53 | 51.35 | 0.04 | -8.74 | -70.74 |
| 22Q2 (11) | 12.17 | -5.0 | 64.24 | 3.26 | -31.94 | -68.92 | 1.74 | 6.75 | 23.4 | 0 | 0 | 0 | 4.85 | 8.74 | 340.91 | -0.75 | 18.48 | 13.79 | 7.03 | 8.15 | -14.58 | 29.45 | -8.84 | 25.5 | 2.33 | -20.48 | 29.44 | 0 | 0 | 0 | 4.05 | -11.18 | 17.73 | 0.39 | -2.5 | 0.0 | 11.87 | 0.0 | 15.92 | 6.83 | 0.0 | 0.0 | 2.35 | -36.66 | -37.83 | 0.13 | 128.26 | -96.08 | 9.32 | -7.54 | -33.14 | -2.16 | 0.46 | 40.33 | -2.03 | 22.81 | -576.67 | 0.04 | -56.01 | -11.68 |
| 22Q1 (10) | 12.81 | 34.42 | 34.28 | 4.79 | -2.04 | -74.22 | 1.63 | 25.38 | 28.35 | 0 | 0 | 0 | 4.46 | -46.9 | -58.7 | -0.92 | -109.09 | 8.91 | 6.5 | -25.54 | -58.81 | 32.31 | -2.08 | -15.32 | 2.93 | 70.35 | -18.38 | 0 | 0 | 0 | 4.56 | -1.51 | -24.0 | 0.4 | 8.11 | -42.03 | 11.87 | 0.0 | 15.92 | 6.83 | 0.0 | 0.0 | 3.71 | 0.0 | -1.85 | -0.46 | -202.22 | -110.98 | 10.08 | -8.28 | -31.89 | -2.17 | 9.21 | 36.73 | -2.63 | -35.57 | -446.05 | 0.09 | -28.42 | 110.55 |
| 21Q4 (9) | 9.53 | 7.93 | 4.04 | 4.89 | -57.29 | -75.29 | 1.3 | -1.52 | 54.76 | 0 | 0 | 0 | 8.4 | 36.36 | -38.24 | -0.44 | 64.8 | 8.33 | 8.73 | 4.68 | -54.13 | 32.99 | 25.25 | -35.85 | 1.72 | -10.42 | -53.39 | 0 | 0 | 0 | 4.63 | 18.72 | 7.67 | 0.37 | -2.63 | -47.14 | 11.87 | 15.92 | 15.92 | 6.83 | 0.0 | 0.0 | 3.71 | 0.0 | -1.85 | 0.45 | -79.17 | -91.26 | 10.99 | -13.46 | -30.27 | -2.39 | 34.34 | 36.27 | -1.94 | -31.08 | -238.57 | 0.12 | 1.86 | 188.76 |
| 21Q3 (8) | 8.83 | 19.16 | 19.81 | 11.45 | 9.15 | -29.63 | 1.32 | -6.38 | 388.89 | 0 | 0 | 0 | 6.16 | 460.0 | -35.63 | -1.25 | -43.68 | -503.23 | 8.34 | 1.34 | -35.9 | 26.34 | 12.25 | -26.3 | 1.92 | 6.67 | -30.94 | 0 | 0 | 0 | 3.9 | 13.37 | 561.02 | 0.38 | -2.56 | -45.71 | 10.24 | 0.0 | 0.0 | 6.83 | 0.0 | 0.0 | 3.71 | -1.85 | -1.85 | 2.16 | -34.94 | -61.57 | 12.7 | -8.9 | -21.8 | -3.64 | -0.55 | 11.65 | -1.48 | -393.33 | -198.67 | 0.12 | 175.41 | 253.01 |
| 21Q2 (7) | 7.41 | -22.33 | 5.86 | 10.49 | -43.54 | -15.81 | 1.41 | 11.02 | 422.22 | 0 | 0 | 0 | 1.1 | -89.81 | -85.12 | -0.87 | 13.86 | -825.0 | 8.23 | -47.85 | -24.29 | 23.47 | -38.49 | 0 | 1.8 | -49.86 | -53.85 | 0 | 0 | 0 | 3.44 | -42.67 | 421.21 | 0.39 | -43.48 | -45.07 | 10.24 | 0.0 | 0.0 | 6.83 | 0.0 | 0.0 | 3.78 | 0.0 | 0.0 | 3.32 | -20.76 | -37.59 | 13.94 | -5.81 | -12.49 | -3.62 | -5.54 | 9.27 | -0.3 | -139.47 | -122.56 | 0.04 | 4.86 | 7.83 |
| 21Q1 (6) | 9.54 | 4.15 | 16.34 | 18.58 | -6.11 | 48.17 | 1.27 | 51.19 | 370.37 | 0 | 0 | 0 | 10.8 | -20.59 | 67.7 | -1.01 | -110.42 | -152.5 | 15.78 | -17.08 | 81.8 | 38.15 | -25.82 | 0 | 3.59 | -2.71 | -27.77 | 0 | 0 | 0 | 6.0 | 39.53 | 710.81 | 0.69 | -1.43 | -4.17 | 10.24 | 0.0 | 0.0 | 6.83 | 0.0 | 0.15 | 3.78 | 0.0 | 21.15 | 4.19 | -18.64 | -32.85 | 14.8 | -6.09 | -8.59 | -3.43 | 8.53 | 9.26 | 0.76 | -45.71 | -69.11 | 0.04 | -1.84 | -24.69 |
| 20Q4 (5) | 9.16 | 24.29 | 18.96 | 19.79 | 21.63 | 31.41 | 0.84 | 211.11 | 0 | 0 | 0 | 0 | 13.6 | 42.11 | 4.62 | -0.48 | -254.84 | -237.14 | 19.03 | 46.27 | 52.12 | 51.43 | 43.9 | 0 | 3.69 | 32.73 | -12.97 | 0 | 0 | 0 | 4.3 | 628.81 | 294.5 | 0.7 | 0.0 | -1.41 | 10.24 | 0.0 | 0.0 | 6.83 | 0.0 | 0.15 | 3.78 | 0.0 | 21.15 | 5.15 | -8.36 | -22.44 | 15.76 | -2.96 | -4.95 | -3.75 | 8.98 | 1.57 | 1.4 | -6.67 | -50.53 | 0.04 | 24.52 | -25.28 |
| 20Q3 (4) | 7.37 | 5.29 | 0.0 | 16.27 | 30.58 | 0.0 | 0.27 | 0.0 | 0.0 | 0 | 0 | 0.0 | 9.57 | 29.5 | 0.0 | 0.31 | 158.33 | 0.0 | 13.01 | 19.69 | 0.0 | 35.74 | 0 | 0.0 | 2.78 | -28.72 | 0.0 | 0 | 0 | 0.0 | 0.59 | -10.61 | 0.0 | 0.7 | -1.41 | 0.0 | 10.24 | 0.0 | 0.0 | 6.83 | 0.0 | 0.0 | 3.78 | 0.0 | 0.0 | 5.62 | 5.64 | 0.0 | 16.24 | 1.95 | 0.0 | -4.12 | -3.26 | 0.0 | 1.5 | 12.78 | 0.0 | 0.03 | -15.87 | 0.0 |
