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) | 40.76 | 98.06 | 12.6 | -26.74 | 0 | 0 | 0 | 0 | 108.9 | 67.87 | 15.45 | 117.3 | 27.81 | 36.79 | 25.54 | -18.51 | 14.86 | 40.06 | 0.25 | -60.32 | 0 | 0 | 0.06 | 20.0 | 22.74 | 0.0 | 9.8 | 7.81 | 0.81 | -55.25 | 31.79 | 49.04 | 42.41 | 31.59 | -1.39 | 0 | 30.4 | 48.15 | 0.00 | 0 |
| 2022 (9) | 20.58 | 7.36 | 17.2 | 11.69 | 0 | 0 | 0 | 0 | 64.87 | -35.71 | 7.11 | -27.3 | 20.33 | -22.37 | 31.34 | 20.75 | 10.61 | -34.67 | 0.63 | -5.97 | 0 | 0 | 0.05 | -28.57 | 22.74 | 0.0 | 9.09 | 12.08 | 1.81 | 19.08 | 21.33 | -6.69 | 32.23 | -0.8 | -0.81 | 0 | 20.52 | -2.52 | 0.00 | 0 |
| 2021 (8) | 19.17 | 68.01 | 15.4 | 93.71 | 0 | 0 | 0 | 0 | 100.91 | 33.55 | 9.78 | -5.42 | 26.19 | -14.41 | 25.95 | -35.91 | 16.24 | 30.76 | 0.67 | -5.63 | 0 | 0 | 0.07 | 16.67 | 22.74 | 0.0 | 8.11 | 14.55 | 1.52 | 8.57 | 22.86 | 6.92 | 32.49 | 8.81 | -1.81 | 0 | 21.05 | 5.99 | 0.00 | 0 |
| 2020 (7) | 11.41 | 1.69 | 7.95 | 26.19 | 0 | 0 | 0 | 0 | 75.56 | 44.17 | 10.34 | 83.01 | 30.6 | 72.98 | 40.50 | 19.98 | 12.42 | 121.0 | 0.71 | -14.46 | 0 | 0 | 0.06 | 0.0 | 22.74 | 0.0 | 7.08 | 8.76 | 1.4 | 211.11 | 21.38 | 37.85 | 29.86 | 32.89 | -1.52 | 0 | 19.86 | 40.75 | 0.00 | 0 |
| 2019 (6) | 11.22 | -4.92 | 6.3 | -23.17 | 0 | 0 | 0 | 0 | 52.41 | -17.05 | 5.65 | -10.32 | 17.69 | 16.08 | 33.75 | 39.93 | 5.62 | -2.26 | 0.83 | -3.49 | 0 | 0 | 0.06 | 0.0 | 22.74 | 0.0 | 6.51 | 10.71 | 0.45 | 246.15 | 15.51 | 10.0 | 22.47 | 11.74 | -1.4 | 0 | 14.11 | 3.37 | 0.00 | 0 |
| 2018 (5) | 11.8 | 61.64 | 8.2 | -17.59 | 0 | 0 | 0 | 0 | 63.18 | 8.5 | 6.3 | -2.48 | 15.24 | -19.19 | 24.12 | -25.53 | 5.75 | 18.56 | 0.86 | -4.44 | 0 | 0 | 0.06 | 500.0 | 22.74 | 0.0 | 5.88 | 12.21 | 0.13 | 0 | 14.1 | 12.35 | 20.11 | 13.04 | -0.45 | 0 | 13.65 | 9.9 | 0.00 | 0 |
| 2017 (4) | 7.3 | 26.3 | 9.95 | 159.79 | 0 | 0 | 0 | 0 | 58.23 | -2.04 | 6.46 | -15.99 | 18.86 | 7.53 | 32.39 | 9.76 | 4.85 | -14.91 | 0.9 | -5.26 | 0 | 0 | 0.01 | -50.0 | 22.74 | 0.0 | 5.24 | 17.23 | 0 | 0 | 12.55 | 2.95 | 17.79 | 6.78 | -0.13 | 0 | 12.42 | -0.96 | 0.00 | 0 |
| 2016 (3) | 5.78 | -0.69 | 3.83 | 94.42 | 0 | 0 | 0 | 0 | 59.44 | 1.9 | 7.69 | 29.24 | 17.54 | -19.65 | 29.51 | -21.15 | 5.7 | -4.2 | 0.95 | -7.77 | 0 | 0 | 0.02 | 0.0 | 22.74 | 0.0 | 4.47 | 15.5 | 0 | 0 | 12.19 | 29.27 | 16.66 | 25.26 | 0.35 | -81.48 | 12.54 | 10.78 | 0.00 | 0 |
| 2015 (2) | 5.82 | -14.41 | 1.97 | -53.86 | 0 | 0 | 0 | 0 | 58.33 | 4.35 | 5.95 | 22.43 | 21.83 | 29.4 | 37.42 | 24.01 | 5.95 | 14.64 | 1.03 | 30.38 | 0 | 0 | 0.02 | -33.33 | 22.74 | 0.0 | 3.87 | 14.16 | 0 | 0 | 9.43 | 24.41 | 13.3 | 21.24 | 1.89 | -16.37 | 11.32 | 15.04 | 0.00 | 0 |
| 2014 (1) | 6.8 | 3.03 | 4.27 | -5.11 | 0 | 0 | 0 | 0 | 55.9 | 7.69 | 4.86 | 93.63 | 16.87 | 3.12 | 30.18 | -4.24 | 5.19 | -24.89 | 0.79 | -21.0 | 0 | 0 | 0.03 | 0 | 22.74 | 0.0 | 3.39 | 8.31 | 0 | 0 | 7.58 | 61.62 | 10.97 | 40.28 | 2.26 | 49.67 | 9.84 | 58.71 | 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) | 35.39 | -18.15 | -2.99 | 5.0 | 42.86 | -61.54 | 0 | 0 | 0 | 0 | 0 | 0 | 21.97 | 2.66 | -30.36 | 2.41 | -31.14 | -58.16 | 24.3 | -0.29 | -32.54 | 27.56 | 10.55 | -22.26 | 13.18 | -12.6 | -27.46 | 0.25 | 0.0 | -59.68 | 0 | 0 | 0 | 0.05 | 0.0 | -16.67 | 22.74 | 0.0 | 0.0 | 11.36 | 0.0 | 15.92 | 1.39 | 0.0 | 71.6 | 28.06 | 9.44 | -5.52 | 40.8 | 6.28 | 1.19 | -0.05 | -115.62 | -150.0 | 28.01 | 7.9 | -6.01 | 0.00 | 0 | 0 |
| 24Q2 (19) | 43.24 | -7.82 | 32.27 | 3.5 | -66.02 | -76.35 | 0 | 0 | 0 | 0 | 0 | 0 | 21.4 | 6.84 | -28.62 | 3.5 | 3.24 | -28.57 | 24.37 | 1.8 | -29.51 | 24.93 | 10.73 | -39.48 | 15.08 | 16.9 | -11.45 | 0.25 | 0.0 | -59.68 | 0 | 0 | 0 | 0.05 | 0.0 | -16.67 | 22.74 | 0.0 | 0.0 | 11.36 | 15.92 | 15.92 | 1.39 | 71.6 | 71.6 | 25.64 | 5.64 | 7.1 | 38.39 | 10.03 | 11.08 | 0.32 | 3100.0 | 124.81 | 25.96 | 6.92 | 14.61 | 0.00 | 0 | 0 |
| 24Q1 (18) | 46.91 | 15.09 | 56.84 | 10.3 | -18.25 | -40.46 | 0 | 0 | 0 | 0 | 0 | 0 | 20.03 | -19.17 | -11.33 | 3.39 | 62.2 | 26.02 | 23.94 | -13.92 | -1.16 | 22.51 | -11.84 | -34.17 | 12.9 | -13.19 | -7.26 | 0.25 | 0.0 | -60.32 | 0 | 0 | 0 | 0.05 | -16.67 | 25.0 | 22.74 | 0.0 | 0.0 | 9.8 | 0.0 | 7.81 | 0.81 | 0.0 | -55.25 | 24.27 | -23.66 | 1.04 | 34.89 | -17.73 | -0.09 | 0.01 | 100.72 | 101.45 | 24.28 | -20.13 | 4.07 | 0.00 | 0 | 0 |
| 23Q4 (17) | 40.76 | 11.73 | 98.06 | 12.6 | -3.08 | -26.74 | 0 | 0 | 0 | 0 | 0 | 0 | 24.78 | -21.46 | 41.68 | 2.09 | -63.72 | 38.41 | 27.81 | -22.79 | 36.79 | 25.54 | -27.96 | -18.51 | 14.86 | -18.22 | 40.06 | 0.25 | -59.68 | -60.32 | 0 | 0 | 0 | 0.06 | 0.0 | 20.0 | 22.74 | 0.0 | 0.0 | 9.8 | 0.0 | 7.81 | 0.81 | 0.0 | -55.25 | 31.79 | 7.04 | 49.04 | 42.41 | 5.18 | 31.59 | -1.39 | -1490.0 | -71.6 | 30.4 | 2.01 | 48.15 | 0.00 | 0 | 0 |
| 23Q3 (16) | 36.48 | 11.59 | 121.09 | 13.0 | -12.16 | -24.86 | 0 | 0 | 0 | 0 | 0 | 0 | 31.55 | 5.24 | 127.47 | 5.76 | 17.55 | 196.91 | 36.02 | 4.19 | 98.79 | 35.45 | -13.94 | 35.85 | 18.17 | 6.69 | 57.73 | 0.62 | 0.0 | -3.12 | 0 | 0 | 0 | 0.06 | 0.0 | 20.0 | 22.74 | 0.0 | 0.0 | 9.8 | 0.0 | 7.81 | 0.81 | 0.0 | -55.25 | 29.7 | 24.06 | 50.0 | 40.32 | 16.67 | 31.34 | 0.1 | 107.75 | 132.26 | 29.8 | 31.57 | 52.9 | 0.00 | 0 | 0 |
| 23Q2 (15) | 32.69 | 9.29 | 91.62 | 14.8 | -14.45 | 16.54 | 0 | 0 | 0 | 0 | 0 | 0 | 29.98 | 32.71 | 77.71 | 4.9 | 82.16 | 162.03 | 34.57 | 42.73 | 79.96 | 41.19 | 20.44 | 71.17 | 17.03 | 22.43 | 21.04 | 0.62 | -1.59 | -4.62 | 0 | 0 | 0 | 0.06 | 50.0 | 0.0 | 22.74 | 0.0 | 0.0 | 9.8 | 7.81 | 7.81 | 0.81 | -55.25 | -55.25 | 23.94 | -0.33 | 34.04 | 34.56 | -1.03 | 20.17 | -1.29 | -86.96 | -29.0 | 22.65 | -2.91 | 34.34 | 0.00 | 0 | 0 |
| 23Q1 (14) | 29.91 | 45.34 | 32.23 | 17.3 | 0.58 | 22.7 | 0 | 0 | 0 | 0 | 0 | 0 | 22.59 | 29.16 | 35.76 | 2.69 | 78.15 | 50.28 | 24.22 | 19.13 | 20.08 | 34.20 | 9.13 | 53.13 | 13.91 | 31.1 | -20.51 | 0.63 | 0.0 | -4.55 | 0 | 0 | 0 | 0.04 | -20.0 | -42.86 | 22.74 | 0.0 | 0.0 | 9.09 | 0.0 | 12.08 | 1.81 | 0.0 | 19.08 | 24.02 | 12.61 | -2.56 | 34.92 | 8.35 | 1.87 | -0.69 | 14.81 | 9.21 | 23.33 | 13.69 | -2.34 | 0.00 | 0 | 0 |
| 22Q4 (13) | 20.58 | 24.73 | 7.36 | 17.2 | -0.58 | 11.69 | 0 | 0 | 0 | 0 | 0 | 0 | 17.49 | 26.1 | -20.72 | 1.51 | -22.16 | -25.98 | 20.33 | 12.2 | -22.37 | 31.34 | 20.1 | 20.74 | 10.61 | -7.9 | -34.67 | 0.63 | -1.56 | -5.97 | 0 | 0 | 0 | 0.05 | 0.0 | -28.57 | 22.74 | 0.0 | 0.0 | 9.09 | 0.0 | 12.08 | 1.81 | 0.0 | 19.08 | 21.33 | 7.73 | -6.69 | 32.23 | 4.98 | -0.8 | -0.81 | -161.29 | 55.25 | 20.52 | 5.28 | -2.52 | 0.00 | 0 | 0 |
| 22Q3 (12) | 16.5 | -3.28 | 30.13 | 17.3 | 36.22 | 21.83 | 0 | 0 | 0 | 0 | 0 | 0 | 13.87 | -17.78 | -42.83 | 1.94 | 3.74 | -16.02 | 18.12 | -5.67 | -33.75 | 26.09 | 8.44 | -0.14 | 11.52 | -18.12 | -41.67 | 0.64 | -1.54 | -5.88 | 0 | 0 | 0 | 0.05 | -16.67 | -37.5 | 22.74 | 0.0 | 0.0 | 9.09 | 0.0 | 12.08 | 1.81 | 0.0 | 19.08 | 19.8 | 10.86 | -4.81 | 30.7 | 6.75 | 0.89 | -0.31 | 69.0 | 84.73 | 19.49 | 15.6 | 3.84 | 0.00 | 0 | 0 |
| 22Q2 (11) | 17.06 | -24.58 | 33.59 | 12.7 | -9.93 | 92.42 | 0 | 0 | 0 | 0 | 0 | 0 | 16.87 | 1.38 | -38.32 | 1.87 | 4.47 | -22.08 | 19.21 | -4.76 | -39.21 | 24.06 | 7.74 | -21.83 | 14.07 | -19.6 | -26.34 | 0.65 | -1.52 | -5.8 | 0 | 0 | 0 | 0.06 | -14.29 | -33.33 | 22.74 | 0.0 | 0.0 | 9.09 | 12.08 | 28.39 | 1.81 | 19.08 | 29.29 | 17.86 | -27.55 | -33.38 | 28.76 | -16.1 | -18.5 | -1.0 | -31.58 | 48.98 | 16.86 | -29.43 | -32.15 | 0.00 | 0 | 0 |
| 22Q1 (10) | 22.62 | 18.0 | 112.2 | 14.1 | -8.44 | 135.0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.64 | -24.57 | -38.89 | 1.79 | -12.25 | -40.92 | 20.17 | -22.99 | -35.56 | 22.33 | -13.95 | -33.23 | 17.5 | 7.76 | 21.19 | 0.66 | -1.49 | -5.71 | 0 | 0 | 0 | 0.07 | 0.0 | 16.67 | 22.74 | 0.0 | 0.0 | 8.11 | 0.0 | 14.55 | 1.52 | 0.0 | 8.57 | 24.65 | 7.83 | 0.98 | 34.28 | 5.51 | 4.23 | -0.76 | 58.01 | 53.09 | 23.89 | 13.49 | 4.83 | 0.00 | 0 | 0 |
| 21Q4 (9) | 19.17 | 51.18 | 68.01 | 15.4 | 8.45 | 93.71 | 0 | 0 | 0 | 0 | 0 | 0 | 22.06 | -9.07 | -14.56 | 2.04 | -11.69 | -43.02 | 26.19 | -4.24 | -14.41 | 25.96 | -0.67 | -35.91 | 16.24 | -17.77 | 30.76 | 0.67 | -1.47 | -5.63 | 0 | 0 | 0 | 0.07 | -12.5 | 16.67 | 22.74 | 0.0 | 0.0 | 8.11 | 0.0 | 14.55 | 1.52 | 0.0 | 8.57 | 22.86 | 9.9 | 6.92 | 32.49 | 6.77 | 8.81 | -1.81 | 10.84 | -19.08 | 21.05 | 12.15 | 5.99 | 0.00 | 0 | 0 |
| 21Q3 (8) | 12.68 | -0.7 | -13.15 | 14.2 | 115.15 | 105.8 | 0 | 0 | 0 | 0 | 0 | 0 | 24.26 | -11.3 | 9.03 | 2.31 | -3.75 | -30.63 | 27.35 | -13.45 | 15.01 | 26.13 | -15.11 | -28.3 | 19.75 | 3.4 | 121.91 | 0.68 | -1.45 | -12.82 | 0 | 0 | 0 | 0.08 | -11.11 | 33.33 | 22.74 | 0.0 | 0.0 | 8.11 | 14.55 | 14.55 | 1.52 | 8.57 | 8.57 | 20.8 | -22.42 | 16.92 | 30.43 | -13.77 | 15.84 | -2.03 | -3.57 | -9.73 | 18.77 | -24.47 | 17.75 | 0.00 | 0 | 0 |
| 21Q2 (7) | 12.77 | 19.79 | 18.9 | 6.6 | 10.0 | 15.79 | 0 | 0 | 0 | 0 | 0 | 0 | 27.35 | 0.44 | 49.62 | 2.4 | -20.79 | -5.51 | 31.6 | 0.96 | 59.92 | 30.78 | -7.96 | 0 | 19.1 | 32.27 | 210.06 | 0.69 | -1.43 | -13.75 | 0 | 0 | 0 | 0.09 | 50.0 | 50.0 | 22.74 | 0.0 | 0.0 | 7.08 | 0.0 | 0.0 | 1.4 | 0.0 | 0.0 | 26.81 | 9.83 | 85.41 | 35.29 | 7.3 | 53.84 | -1.96 | -20.99 | 10.91 | 24.85 | 9.04 | 102.69 | 0.00 | 0 | 0 |
| 21Q1 (6) | 10.66 | -6.57 | -10.79 | 6.0 | -24.53 | 15.38 | 0 | 0 | 0 | 0 | 0 | 0 | 27.23 | 5.46 | 195.66 | 3.03 | -15.36 | 240.45 | 31.3 | 2.29 | 176.75 | 33.45 | -17.41 | 0 | 14.44 | 16.26 | 120.8 | 0.7 | -1.41 | -13.58 | 0 | 0 | 0 | 0.06 | 0.0 | 0.0 | 22.74 | 0.0 | 0.0 | 7.08 | 0.0 | 8.76 | 1.4 | 0.0 | 211.11 | 24.41 | 14.17 | 48.84 | 32.89 | 10.15 | 40.8 | -1.62 | -6.58 | 10.5 | 22.79 | 14.75 | 56.2 | 0.00 | 0 | 0 |
| 20Q4 (5) | 11.41 | -21.85 | 1.69 | 7.95 | 15.22 | 26.19 | 0 | 0 | 0 | 0 | 0 | 0 | 25.82 | 16.04 | 66.47 | 3.58 | 7.51 | 143.54 | 30.6 | 28.68 | 72.98 | 40.50 | 11.12 | 0 | 12.42 | 39.55 | 121.0 | 0.71 | -8.97 | -14.46 | 0 | 0 | 0 | 0.06 | 0.0 | 0.0 | 22.74 | 0.0 | 0.0 | 7.08 | 0.0 | 8.76 | 1.4 | 0.0 | 211.11 | 21.38 | 20.18 | 37.85 | 29.86 | 13.67 | 32.89 | -1.52 | 17.84 | -8.57 | 19.86 | 24.59 | 40.75 | 0.00 | 0 | 0 |
| 20Q3 (4) | 14.6 | 35.94 | 0.0 | 6.9 | 21.05 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 22.25 | 21.72 | 0.0 | 3.33 | 31.1 | 0.0 | 23.78 | 20.34 | 0.0 | 36.44 | 0 | 0.0 | 8.9 | 44.48 | 0.0 | 0.78 | -2.5 | 0.0 | 0 | 0 | 0.0 | 0.06 | 0.0 | 0.0 | 22.74 | 0.0 | 0.0 | 7.08 | 0.0 | 0.0 | 1.4 | 0.0 | 0.0 | 17.79 | 23.03 | 0.0 | 26.27 | 14.52 | 0.0 | -1.85 | 15.91 | 0.0 | 15.94 | 30.02 | 0.0 | 0.00 | 0 | 0.0 |
