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) | 6.93 | 61.16 | 3.85 | -6.1 | 0.85 | -9.57 | 0 | 0 | 26.56 | -17.59 | -2.16 | 0 | 7.26 | 36.21 | 27.33 | 65.29 | 8.05 | -37.93 | 7.54 | -0.79 | 1.26 | 13.51 | 0 | 0 | 13.76 | 0.0 | 0.23 | 21.05 | 7.3 | 0.14 | -2.18 | 0 | 5.35 | -32.19 | -8.62 | 0 | -10.8 | 0 | 0.00 | -79.3 |
| 2022 (9) | 4.3 | -38.75 | 4.1 | -32.79 | 0.94 | 526.67 | 0 | 0 | 32.23 | -22.51 | 0.4 | -78.61 | 5.33 | -50.88 | 16.54 | -36.61 | 12.97 | 15.49 | 7.6 | 13.26 | 1.11 | 48.0 | 0 | 0 | 13.76 | 0.0 | 0.19 | 0 | 7.29 | 27.89 | 0.41 | -78.19 | 7.89 | 3.95 | -7.95 | 0 | -7.54 | 0 | 0.01 | -42.8 |
| 2021 (8) | 7.02 | -22.94 | 6.1 | 12.13 | 0.15 | 0.0 | 0 | 0 | 41.59 | 6.92 | 1.87 | 0 | 10.85 | 29.94 | 26.09 | 21.54 | 11.23 | 66.37 | 6.71 | 4.35 | 0.75 | -16.67 | 0 | 0 | 13.76 | 0.0 | 0 | 0 | 5.7 | 0.0 | 1.88 | 0 | 7.59 | 56.49 | -8.69 | 0 | -6.81 | 0 | 0.01 | -17.62 |
| 2020 (7) | 9.11 | 52.09 | 5.44 | -7.8 | 0.15 | 0.0 | 0 | 0 | 38.9 | -28.03 | -2.54 | 0 | 8.35 | -35.62 | 21.47 | -10.55 | 6.75 | -38.58 | 6.43 | 3.54 | 0.9 | -14.29 | 0 | 0 | 13.76 | -1.29 | 1.64 | -80.02 | 5.7 | 0.0 | -2.49 | 0 | 4.85 | -33.92 | -7.1 | 0 | -9.59 | 0 | 0.02 | -31.62 |
| 2019 (6) | 5.99 | -43.11 | 5.9 | -13.74 | 0.15 | 0.0 | 0.24 | 0 | 54.05 | -20.35 | -3.67 | 0 | 12.97 | 9.73 | 24.00 | 37.77 | 10.99 | -24.1 | 6.21 | -14.58 | 1.05 | -12.5 | 0 | 0 | 13.94 | 0.0 | 8.21 | 0.0 | 5.7 | -6.86 | -6.57 | 0 | 7.34 | -33.39 | -6.42 | 0 | -12.99 | 0 | 0.02 | -50.82 |
| 2018 (5) | 10.53 | -43.05 | 6.84 | 15.15 | 0.15 | 0.0 | 0 | 0 | 67.86 | -11.47 | -3.29 | 0 | 11.82 | -4.21 | 17.42 | 8.19 | 14.48 | 11.99 | 7.27 | -8.09 | 1.2 | -11.11 | 0 | 0 | 13.94 | 0.0 | 8.21 | 0.61 | 6.12 | -4.82 | -3.31 | 0 | 11.02 | -27.4 | -5.7 | 0 | -9.01 | 0 | 0.05 | -8.95 |
| 2017 (4) | 18.49 | -28.44 | 5.94 | 1.19 | 0.15 | -50.0 | 0 | 0 | 76.65 | -8.37 | 0.54 | -74.77 | 12.34 | -23.59 | 16.10 | -16.61 | 12.93 | 24.45 | 7.91 | -8.77 | 1.35 | -9.4 | 0 | 0 | 13.94 | -19.98 | 8.16 | 2.77 | 6.43 | 44.17 | 0.59 | -86.59 | 15.18 | -9.64 | -6.12 | 0 | -5.53 | 0 | 0.05 | 9.56 |
| 2016 (3) | 25.84 | 6.47 | 5.87 | 0 | 0.3 | 0.0 | 0.4 | 0 | 83.65 | 2.45 | 2.14 | -71.66 | 16.15 | -7.24 | 19.31 | -9.46 | 10.39 | -11.65 | 8.67 | -1.03 | 1.49 | -16.76 | 0 | 0 | 17.42 | 0.0 | 7.94 | 10.43 | 4.46 | 655.93 | 4.4 | -67.38 | 16.8 | -21.02 | -6.43 | 0 | -2.03 | 0 | 0.05 | 11.32 |
| 2015 (2) | 24.27 | -3.73 | 0 | 0 | 0.3 | 7.14 | 0 | 0 | 81.65 | 13.51 | 7.55 | 4.14 | 17.41 | 7.07 | 21.32 | -5.67 | 11.76 | 29.66 | 8.76 | 3.55 | 1.79 | -14.35 | 0 | 0 | 17.42 | 0.0 | 7.19 | 11.3 | 0.59 | -30.59 | 13.49 | 31.1 | 21.27 | 20.85 | -4.46 | 0 | 9.03 | -6.91 | 0.04 | -2.48 |
| 2014 (1) | 25.21 | 2.94 | 0 | 0 | 0.28 | 366.67 | 0 | 0 | 71.93 | 9.37 | 7.25 | 40.5 | 16.26 | 20.18 | 22.61 | 9.89 | 9.07 | 38.47 | 8.46 | 19.66 | 2.09 | -11.81 | 0 | 0 | 17.42 | 0.0 | 6.46 | 8.57 | 0.85 | 844.44 | 10.29 | 27.19 | 17.6 | 24.56 | -0.59 | 0 | 9.7 | 33.98 | 0.04 | 16.23 |
| 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) | 7.5 | 44.79 | 22.95 | 3.4 | -15.0 | -33.98 | 0.73 | 25.86 | -22.34 | 0 | 0 | 0 | 9.21 | 5.02 | 22.8 | -0.44 | -233.33 | -466.67 | 10.82 | 0.0 | 53.04 | 32.29 | -5.1 | 13.86 | 8.1 | 5.47 | -4.37 | 8.19 | 4.2 | 7.06 | 1.26 | 20.0 | 215.0 | 0 | 0 | 0 | 13.76 | 0.0 | 0.0 | 0.23 | 0.0 | 0.0 | 5.12 | 0.0 | -29.86 | 0.04 | -91.67 | 102.63 | 5.39 | -7.55 | -10.32 | -6.54 | 17.94 | 19.26 | -6.5 | 13.22 | 32.43 | 0.00 | 92.37 | -2.18 |
| 24Q2 (19) | 5.18 | -18.43 | 6.15 | 4.0 | 3.9 | -22.33 | 0.58 | -20.55 | -38.3 | 0 | 0 | 0 | 8.77 | 12.58 | 47.15 | 0.33 | 120.0 | 162.26 | 10.82 | 27.29 | 84.01 | 34.03 | 16.05 | 40.56 | 7.68 | -3.64 | -24.19 | 7.86 | 0.64 | 7.52 | 1.05 | -7.89 | 64.06 | 0 | 0 | 0 | 13.76 | 0.0 | 0.0 | 0.23 | 0.0 | 0.0 | 5.12 | -29.86 | -29.86 | 0.48 | 123.65 | 129.27 | 5.83 | 6.0 | -1.02 | -7.97 | 3.04 | 7.86 | -7.49 | 26.93 | 27.21 | 0.00 | 32.05 | -63.92 |
| 24Q1 (18) | 6.35 | -8.37 | 63.24 | 3.85 | 0.0 | -17.2 | 0.73 | -14.12 | -22.34 | 0 | 0 | 0 | 7.79 | 0.65 | 45.61 | 0.15 | 125.42 | 113.04 | 8.5 | 17.08 | 53.71 | 29.32 | 7.23 | 47.93 | 7.97 | -0.99 | -29.78 | 7.81 | 3.58 | 2.76 | 1.14 | -9.52 | 31.03 | 0 | 0 | 0 | 13.76 | 0.0 | 0.0 | 0.23 | 0.0 | 21.05 | 7.3 | 0.0 | 0.14 | -2.03 | 6.88 | -174.32 | 5.5 | 2.8 | -18.4 | -8.22 | 4.64 | -1.36 | -10.25 | 5.09 | -15.82 | 0.00 | -26.57 | -81.27 |
| 23Q4 (17) | 6.93 | 13.61 | 61.16 | 3.85 | -25.24 | -6.1 | 0.85 | -9.57 | -9.57 | 0 | 0 | 0 | 7.74 | 3.2 | 26.47 | -0.59 | -591.67 | 19.18 | 7.26 | 2.69 | 36.21 | 27.34 | -3.58 | 65.35 | 8.05 | -4.96 | -37.93 | 7.54 | -1.44 | -0.79 | 1.26 | 215.0 | 13.51 | 0 | 0 | 0 | 13.76 | 0.0 | 0.0 | 0.23 | 0.0 | 21.05 | 7.3 | 0.0 | 0.14 | -2.18 | -43.42 | -631.71 | 5.35 | -10.98 | -32.19 | -8.62 | -6.42 | -8.43 | -10.8 | -12.27 | -43.24 | 0.00 | -47.56 | -79.3 |
| 23Q3 (16) | 6.1 | 25.0 | 31.75 | 5.15 | 0.0 | 18.39 | 0.94 | 0.0 | 0.0 | 0 | 0 | 0 | 7.5 | 25.84 | 9.33 | 0.12 | 122.64 | -7.69 | 7.07 | 20.24 | 3.67 | 28.36 | 17.15 | 60.84 | 8.47 | -16.39 | -42.69 | 7.65 | 4.65 | 3.38 | 0.4 | -37.5 | -70.15 | 0 | 0 | 0 | 13.76 | 0.0 | 0.0 | 0.23 | 0.0 | 21.05 | 7.3 | 0.0 | 0.14 | -1.52 | 7.32 | -233.33 | 6.01 | 2.04 | -30.28 | -8.1 | 6.36 | -2.79 | -9.62 | 6.51 | -42.73 | 0.00 | -29.03 | -70.16 |
| 23Q2 (15) | 4.88 | 25.45 | -18.26 | 5.15 | 10.75 | -4.1 | 0.94 | 0.0 | 1466.67 | 0 | 0 | 0 | 5.96 | 11.4 | -37.72 | -0.53 | 53.91 | -171.62 | 5.88 | 6.33 | -29.58 | 24.21 | 22.13 | 23.01 | 10.13 | -10.75 | -29.85 | 7.31 | -3.82 | 4.13 | 0.64 | -26.44 | 120.69 | 0 | 0 | 0 | 13.76 | 0.0 | 0.0 | 0.23 | 21.05 | 21.05 | 7.3 | 0.14 | 0.14 | -1.64 | -121.62 | -262.38 | 5.89 | -12.61 | -30.62 | -8.65 | -6.66 | -4.59 | -10.29 | -16.27 | -41.74 | 0.00 | -31.45 | -63.51 |
| 23Q1 (14) | 3.89 | -9.53 | -44.67 | 4.65 | 13.41 | -26.54 | 0.94 | 0.0 | 526.67 | 0 | 0 | 0 | 5.35 | -12.58 | -44.73 | -1.15 | -57.53 | -542.31 | 5.53 | 3.75 | -37.16 | 19.82 | 19.85 | -4.14 | 11.35 | -12.49 | -15.74 | 7.6 | 0.0 | 9.04 | 0.87 | -21.62 | 22.54 | 0 | 0 | 0 | 13.76 | 0.0 | 0.0 | 0.19 | 0.0 | 0 | 7.29 | 0.0 | 27.89 | -0.74 | -280.49 | -134.58 | 6.74 | -14.58 | -14.03 | -8.11 | -2.01 | -0.37 | -8.85 | -17.37 | -48.99 | 0.01 | -18.85 | -49.65 |
| 22Q4 (13) | 4.3 | -7.13 | -38.75 | 4.1 | -5.75 | -32.79 | 0.94 | 0.0 | 526.67 | 0 | 0 | 0 | 6.12 | -10.79 | -51.31 | -0.73 | -661.54 | -212.31 | 5.33 | -21.85 | -50.88 | 16.54 | -6.21 | -36.61 | 12.97 | -12.25 | 15.49 | 7.6 | 2.7 | 13.26 | 1.11 | -17.16 | 48.0 | 0 | 0 | 0 | 13.76 | 0.0 | 0.0 | 0.19 | 0.0 | 0 | 7.29 | 0.0 | 27.89 | 0.41 | -64.04 | -78.19 | 7.89 | -8.47 | 3.95 | -7.95 | -0.89 | 8.52 | -7.54 | -11.87 | -10.72 | 0.01 | -24.42 | -42.8 |
| 22Q3 (12) | 4.63 | -22.45 | -39.24 | 4.35 | -18.99 | -23.82 | 0.94 | 1466.67 | 526.67 | 0 | 0 | 0 | 6.86 | -28.32 | -35.34 | 0.13 | -82.43 | -84.88 | 6.82 | -18.32 | -29.84 | 17.63 | -10.4 | -29.91 | 14.78 | 2.35 | 34.85 | 7.4 | 5.41 | 13.5 | 1.34 | 362.07 | 69.62 | 0 | 0 | 0 | 13.76 | 0.0 | 0.0 | 0.19 | 0.0 | 0 | 7.29 | 0.0 | 27.89 | 1.14 | 12.87 | -6.56 | 8.62 | 1.53 | 24.57 | -7.88 | 4.72 | 3.79 | -6.74 | 7.16 | 3.3 | 0.01 | -13.2 | -28.36 |
| 22Q2 (11) | 5.97 | -15.08 | -31.93 | 5.37 | -15.17 | -1.29 | 0.06 | -60.0 | -60.0 | 0 | 0 | 0 | 9.57 | -1.14 | -1.34 | 0.74 | 184.62 | 80.49 | 8.35 | -5.11 | -9.44 | 19.68 | -4.82 | -21.28 | 14.44 | 7.2 | 53.45 | 7.02 | 0.72 | 8.33 | 0.29 | -59.15 | -65.06 | 0 | 0 | 0 | 13.76 | 0.0 | 0.0 | 0.19 | 0 | -88.41 | 7.29 | 27.89 | 27.89 | 1.01 | -52.8 | 147.42 | 8.49 | 8.29 | 62.96 | -8.27 | -2.35 | -3.38 | -7.26 | -22.22 | 28.33 | 0.01 | -5.42 | -24.8 |
| 22Q1 (10) | 7.03 | 0.14 | -28.34 | 6.33 | 3.77 | 15.09 | 0.15 | 0.0 | 0.0 | 0 | 0 | 0 | 9.68 | -22.99 | 11.14 | 0.26 | -60.0 | 620.0 | 8.8 | -18.89 | 15.03 | 20.68 | -20.74 | -1.97 | 13.47 | 19.95 | 86.82 | 6.97 | 3.87 | 8.06 | 0.71 | -5.33 | -17.44 | 0 | 0 | 0 | 13.76 | 0.0 | 0.0 | 0 | 0 | -100.0 | 5.7 | 0.0 | 0.0 | 2.14 | 13.83 | 184.25 | 7.84 | 3.29 | 63.33 | -8.08 | 7.02 | -7.02 | -5.94 | 12.78 | 41.13 | 0.01 | -7.82 | -23.81 |
| 21Q4 (9) | 7.02 | -7.87 | -22.94 | 6.1 | 6.83 | 12.13 | 0.15 | 0.0 | 0.0 | 0 | 0 | 0 | 12.57 | 18.47 | 30.67 | 0.65 | -24.42 | 198.48 | 10.85 | 11.63 | 29.94 | 26.09 | 3.71 | 21.54 | 11.23 | 2.46 | 66.37 | 6.71 | 2.91 | 4.35 | 0.75 | -5.06 | -16.67 | 0 | 0 | 0 | 13.76 | 0.0 | 0.0 | 0 | 0 | -100.0 | 5.7 | 0.0 | 0.0 | 1.88 | 54.1 | 175.5 | 7.59 | 9.68 | 56.49 | -8.69 | -6.11 | -22.39 | -6.81 | 2.3 | 28.99 | 0.01 | -5.34 | -17.62 |
| 21Q3 (8) | 7.62 | -13.11 | -8.96 | 5.71 | 4.96 | 2.7 | 0.15 | 0.0 | 0.0 | 0 | 0 | 0 | 10.61 | 9.38 | 19.89 | 0.86 | 109.76 | 228.36 | 9.72 | 5.42 | 23.51 | 25.16 | 0.62 | 38.4 | 10.96 | 16.47 | 31.73 | 6.52 | 0.62 | 4.82 | 0.79 | -4.82 | -15.96 | 0 | 0 | 0 | 13.76 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | 5.7 | 0.0 | 0.0 | 1.22 | 157.28 | 164.89 | 6.92 | 32.82 | 26.74 | -8.19 | -2.38 | -12.04 | -6.97 | 31.19 | 24.16 | 0.01 | -8.88 | -34.81 |
| 21Q2 (7) | 8.77 | -10.6 | -7.88 | 5.44 | -1.09 | -2.86 | 0.15 | 0.0 | 0.0 | 0 | 0 | 0 | 9.7 | 11.37 | 6.71 | 0.41 | 920.0 | 178.85 | 9.22 | 20.52 | 20.05 | 25.00 | 18.53 | 0 | 9.41 | 30.51 | -1.16 | 6.48 | 0.47 | 6.23 | 0.83 | -3.49 | -15.31 | 0 | 0 | 0 | 13.76 | 0.0 | 0.0 | 1.64 | 0.0 | 0.0 | 5.7 | 0.0 | 0.0 | -2.13 | 16.14 | -76.03 | 5.21 | 8.54 | -15.01 | -8.0 | -5.96 | -6.1 | -10.13 | -0.4 | -15.77 | 0.02 | -4.18 | -28.5 |
| 21Q1 (6) | 9.81 | 7.68 | 30.8 | 5.5 | 1.1 | -10.71 | 0.15 | 0.0 | 0.0 | 0 | 0 | 0 | 8.71 | -9.46 | -23.19 | -0.05 | 92.42 | 92.75 | 7.65 | -8.38 | -30.96 | 21.09 | -1.74 | 0 | 7.21 | 6.81 | -23.13 | 6.45 | 0.31 | 3.7 | 0.86 | -4.44 | -14.85 | 0 | 0 | 0 | 13.76 | 0.0 | 0.0 | 1.64 | 0.0 | -80.02 | 5.7 | 0.0 | 0.0 | -2.54 | -2.01 | 65.06 | 4.8 | -1.03 | -27.82 | -7.55 | -6.34 | -3.85 | -10.09 | -5.21 | 30.61 | 0.02 | -0.33 | -24.57 |
| 20Q4 (5) | 9.11 | 8.84 | 52.09 | 5.44 | -2.16 | -7.8 | 0.15 | 0.0 | 0.0 | 0 | 0 | -100.0 | 9.62 | 8.7 | -31.38 | -0.66 | 1.49 | 1.49 | 8.35 | 6.1 | -35.62 | 21.47 | 18.1 | 0 | 6.75 | -18.87 | -38.58 | 6.43 | 3.38 | 3.54 | 0.9 | -4.26 | -14.29 | 0 | 0 | 0 | 13.76 | 0.0 | -1.29 | 1.64 | 0.0 | -80.02 | 5.7 | 0.0 | 0.0 | -2.49 | -32.45 | 62.1 | 4.85 | -11.17 | -33.92 | -7.1 | 2.87 | -10.59 | -9.59 | -4.35 | 26.17 | 0.02 | -25.09 | -31.62 |
| 20Q3 (4) | 8.37 | -12.08 | 0.0 | 5.56 | -0.71 | 0.0 | 0.15 | 0.0 | 0.0 | 0 | 0 | 0.0 | 8.85 | -2.64 | 0.0 | -0.67 | -28.85 | 0.0 | 7.87 | 2.47 | 0.0 | 18.18 | 0 | 0.0 | 8.32 | -12.61 | 0.0 | 6.22 | 1.97 | 0.0 | 0.94 | -4.08 | 0.0 | 0 | 0 | 0.0 | 13.76 | 0.0 | 0.0 | 1.64 | 0.0 | 0.0 | 5.7 | 0.0 | 0.0 | -1.88 | -55.37 | 0.0 | 5.46 | -10.93 | 0.0 | -7.31 | 3.05 | 0.0 | -9.19 | -5.03 | 0.0 | 0.02 | -0.07 | 0.0 |
