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) | 20.82 | 46.11 | 15.54 | 32.82 | 0 | 0 | 0 | 0 | 106.56 | 2.06 | 7.06 | -52.55 | 34.04 | 7.69 | 31.94 | 5.51 | 19.34 | -16.53 | 1.9 | -0.52 | 0 | 0 | 0.53 | -7.02 | 21.27 | 0.0 | 9.35 | 19.11 | 0.52 | 372.73 | 15.38 | -29.03 | 25.25 | -14.81 | -0.42 | 0 | 14.96 | -27.34 | 0.01 | 17.58 |
| 2022 (9) | 14.25 | 50.0 | 11.7 | -38.39 | 0 | 0 | 0 | 0 | 104.41 | -4.33 | 14.88 | 81.68 | 31.61 | -8.75 | 30.27 | -4.62 | 23.17 | -5.2 | 1.91 | -2.55 | 0 | 0 | 0.57 | 35.71 | 21.27 | 19.03 | 7.85 | 13.6 | 0.11 | 0.0 | 21.67 | 46.42 | 29.64 | 35.84 | -1.08 | 0 | 20.59 | 36.27 | 0.01 | -93.44 |
| 2021 (8) | 9.5 | 6.15 | 18.99 | 31.42 | 0 | 0 | 0 | 0 | 109.13 | 18.09 | 8.19 | 36.5 | 34.64 | 19.16 | 31.74 | 0.9 | 24.44 | 50.59 | 1.96 | 4.81 | 0 | 0 | 0.42 | -23.64 | 17.87 | 0.0 | 6.91 | 9.68 | 0.11 | 0.0 | 14.8 | 28.81 | 21.82 | 21.9 | 0.31 | -71.3 | 15.11 | 20.21 | 0.08 | 5.39 |
| 2020 (7) | 8.95 | 12.58 | 14.45 | -0.14 | 0 | 0 | 0 | 0 | 92.41 | 4.77 | 6.0 | 1.18 | 29.07 | 5.59 | 31.46 | 0.78 | 16.23 | 5.94 | 1.87 | -0.53 | 0 | 0 | 0.55 | -6.78 | 17.87 | 0.0 | 6.3 | 10.53 | 0.11 | 0.0 | 11.49 | -6.13 | 17.9 | -0.83 | 1.08 | -35.71 | 12.57 | -9.7 | 0.08 | 48.2 |
| 2019 (6) | 7.95 | -23.48 | 14.47 | 12.08 | 0.03 | 0.0 | 0 | 0 | 88.2 | -17.41 | 5.93 | -61.22 | 27.53 | -8.08 | 31.21 | 11.29 | 15.32 | -42.94 | 1.88 | 623.08 | 0.26 | -91.59 | 0.59 | 7.27 | 17.87 | 0.0 | 5.7 | 36.36 | 0.11 | -54.17 | 12.24 | -32.52 | 18.05 | -19.99 | 1.68 | -3.45 | 13.92 | -29.98 | 0.05 | 14.2 |
| 2018 (5) | 10.39 | -11.27 | 12.91 | 11.01 | 0.03 | -95.08 | 0 | 0 | 106.79 | 29.44 | 15.29 | 162.71 | 29.95 | 20.86 | 28.05 | -6.63 | 26.85 | 58.41 | 0.26 | -3.7 | 3.09 | -47.89 | 0.55 | -3.51 | 17.87 | 7.01 | 4.18 | 16.43 | 0.24 | 0.0 | 18.14 | 182.55 | 22.56 | 119.88 | 1.74 | 24.29 | 19.88 | 154.22 | 0.05 | -12.54 |
| 2017 (4) | 11.71 | 61.07 | 11.63 | -31.67 | 0.61 | -45.05 | 0 | 0 | 82.5 | -2.33 | 5.82 | 50.39 | 24.78 | -7.36 | 30.04 | -5.15 | 16.95 | 4.31 | 0.27 | -22.86 | 5.93 | 128.08 | 0.57 | -22.97 | 16.7 | 0.0 | 3.59 | 11.84 | 0.24 | 0.0 | 6.42 | 46.58 | 10.26 | 31.2 | 1.4 | 47.37 | 7.82 | 46.72 | 0.05 | 124.75 |
| 2016 (3) | 7.27 | 10.15 | 17.02 | 31.94 | 1.11 | 29.07 | 0 | 0 | 84.47 | 2.25 | 3.87 | 4.03 | 26.75 | 12.77 | 31.67 | 10.29 | 16.25 | 16.65 | 0.35 | -7.89 | 2.6 | -40.09 | 0.74 | 37.04 | 16.7 | 0.0 | 3.21 | 13.43 | 0.24 | 0.0 | 4.38 | 3.55 | 7.82 | 6.98 | 0.95 | 102.13 | 5.33 | 13.4 | 0.02 | -8.46 |
| 2015 (2) | 6.6 | -20.67 | 12.9 | -39.35 | 0.86 | 681.82 | 0 | 0 | 82.61 | -3.3 | 3.72 | 3.05 | 23.72 | -14.98 | 28.71 | -12.08 | 13.93 | -6.57 | 0.38 | -15.56 | 4.34 | 463.64 | 0.54 | 0.0 | 16.7 | 5.03 | 2.83 | 14.57 | 0.24 | 0.0 | 4.23 | 1.93 | 7.31 | 6.4 | 0.47 | -57.27 | 4.7 | -10.48 | 0.03 | -39.56 |
| 2014 (1) | 8.32 | 12.58 | 21.27 | 37.23 | 0.11 | 0.0 | 0 | 0 | 85.43 | 33.94 | 3.61 | 12.81 | 27.9 | 31.85 | 32.66 | -1.56 | 14.91 | 45.46 | 0.45 | -50.0 | 0.77 | -13.48 | 0.54 | 184.21 | 15.9 | 23.07 | 2.47 | 14.88 | 0.24 | 0.0 | 4.15 | 11.56 | 6.87 | 12.44 | 1.1 | -34.13 | 5.25 | -2.6 | 0.04 | -73.71 |
| 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) | 14.38 | -24.44 | -31.82 | 20.83 | 45.87 | 21.96 | 0 | 0 | 0 | 0 | 0 | 0 | 32.94 | 16.03 | 14.41 | 2.6 | 17.12 | -2.62 | 41.7 | 10.9 | 3.86 | 35.81 | 6.95 | -7.29 | 21.25 | 17.73 | 12.55 | 6.52 | -3.12 | 149.81 | 0 | 0 | 0 | 0.5 | -1.96 | -7.41 | 21.26 | -0.05 | -0.05 | 10.08 | 0.0 | 7.81 | 0.11 | 0.0 | -78.85 | 17.07 | 18.3 | 18.95 | 27.26 | 10.72 | 12.55 | -1.04 | -35.06 | -271.43 | 16.03 | 17.35 | 13.93 | 0.01 | 3.03 | 16.58 |
| 24Q2 (19) | 19.03 | 10.38 | -30.52 | 14.28 | -0.35 | 8.43 | 0 | 0 | 0 | 0 | 0 | 0 | 28.39 | -0.56 | 10.99 | 2.22 | -13.95 | 19.35 | 37.6 | 5.29 | 11.11 | 33.48 | 2.66 | -4.95 | 18.05 | 4.88 | -6.14 | 6.73 | 0.0 | 157.85 | 0 | 0 | 0 | 0.51 | -1.92 | -7.27 | 21.27 | 0.0 | 0.0 | 10.08 | 7.81 | 7.81 | 0.11 | -78.85 | -78.85 | 14.43 | 15.16 | 24.83 | 24.62 | 9.91 | 14.94 | -0.77 | 18.95 | 17.2 | 13.66 | 17.96 | 28.5 | 0.01 | -10.16 | 22.93 |
| 24Q1 (18) | 17.24 | -17.2 | 2.44 | 14.33 | -7.79 | 23.96 | 0 | 0 | 0 | 0 | 0 | 0 | 28.55 | 7.45 | 11.48 | 2.58 | 150.49 | 72.0 | 35.71 | 4.91 | 12.26 | 32.61 | 2.09 | 1.96 | 17.21 | -11.01 | -13.52 | 6.73 | 254.21 | 252.36 | 0 | 0 | 0 | 0.52 | -1.89 | -7.14 | 21.27 | 0.0 | 0.0 | 9.35 | 0.0 | 19.11 | 0.52 | 0.0 | 372.73 | 12.53 | -18.53 | -45.92 | 22.4 | -11.29 | -28.07 | -0.95 | -126.19 | -93.88 | 11.58 | -22.59 | -48.94 | 0.01 | 21.41 | 35.99 |
| 23Q4 (17) | 20.82 | -1.28 | 46.11 | 15.54 | -9.02 | 32.82 | 0 | 0 | 0 | 0 | 0 | 0 | 26.57 | -7.71 | 10.85 | 1.03 | -61.42 | -23.7 | 34.04 | -15.22 | 7.69 | 31.95 | -17.29 | 5.52 | 19.34 | 2.44 | -16.53 | 1.9 | -27.2 | -0.52 | 0 | 0 | 0 | 0.53 | -1.85 | -7.02 | 21.27 | 0.0 | 0.0 | 9.35 | 0.0 | 19.11 | 0.52 | 0.0 | 372.73 | 15.38 | 7.18 | -29.03 | 25.25 | 4.25 | -14.81 | -0.42 | -50.0 | 61.11 | 14.96 | 6.33 | -27.34 | 0.01 | 3.75 | 17.58 |
| 23Q3 (16) | 21.09 | -23.0 | 258.06 | 17.08 | 29.69 | -18.12 | 0 | 0 | 0 | 0 | 0 | 0 | 28.79 | 12.55 | 37.69 | 2.67 | 43.55 | -67.28 | 40.15 | 18.65 | 13.55 | 38.62 | 9.65 | 15.79 | 18.88 | -1.82 | -19.59 | 2.61 | 0.0 | 33.85 | 0 | 0 | 0 | 0.54 | -1.82 | -6.9 | 21.27 | 0.0 | 16.42 | 9.35 | 0.0 | 19.11 | 0.52 | 0.0 | 372.73 | 14.35 | 24.13 | -29.1 | 24.22 | 13.07 | -14.11 | -0.28 | 69.89 | 65.0 | 14.07 | 32.36 | -27.62 | 0.01 | 8.63 | -8.65 |
| 23Q2 (15) | 27.39 | 62.75 | 199.34 | 13.17 | 13.93 | -33.65 | 0 | 0 | 0 | 0 | 0 | 0 | 25.58 | -0.12 | -11.64 | 1.86 | 24.0 | -25.3 | 33.84 | 6.38 | -14.5 | 35.22 | 10.11 | 0.38 | 19.23 | -3.37 | -23.96 | 2.61 | 36.65 | 33.16 | 0 | 0 | 0 | 0.55 | -1.79 | -42.11 | 21.27 | 0.0 | 19.03 | 9.35 | 19.11 | 19.11 | 0.52 | 372.73 | 372.73 | 11.56 | -50.11 | -4.3 | 21.42 | -31.21 | 6.89 | -0.93 | -89.8 | -365.71 | 10.63 | -53.13 | -14.48 | 0.01 | -0.62 | -93.63 |
| 23Q1 (14) | 16.83 | 18.11 | 82.93 | 11.56 | -1.2 | -42.72 | 0 | 0 | 0 | 0 | 0 | 0 | 25.61 | 6.84 | -16.25 | 1.5 | 11.11 | -47.74 | 31.81 | 0.63 | -19.93 | 31.99 | 5.66 | -9.85 | 19.9 | -14.11 | -13.55 | 1.91 | 0.0 | -2.55 | 0 | 0 | 0 | 0.56 | -1.75 | -33.33 | 21.27 | 0.0 | 19.03 | 7.85 | 0.0 | 13.6 | 0.11 | 0.0 | 0.0 | 23.17 | 6.92 | 31.13 | 31.14 | 5.06 | 26.12 | -0.49 | 54.63 | -181.67 | 22.68 | 10.15 | 24.14 | 0.01 | 4.97 | -92.41 |
| 22Q4 (13) | 14.25 | 141.94 | 50.0 | 11.7 | -43.91 | -38.39 | 0 | 0 | 0 | 0 | 0 | 0 | 23.97 | 14.63 | -6.22 | 1.35 | -83.46 | -10.0 | 31.61 | -10.61 | -8.75 | 30.27 | -9.24 | -4.62 | 23.17 | -1.32 | -5.2 | 1.91 | -2.05 | -2.55 | 0 | 0 | 0 | 0.57 | -1.72 | 35.71 | 21.27 | 16.42 | 19.03 | 7.85 | 0.0 | 13.6 | 0.11 | 0.0 | 0.0 | 21.67 | 7.07 | 46.42 | 29.64 | 5.11 | 35.84 | -1.08 | -35.0 | -448.39 | 20.59 | 5.92 | 36.27 | 0.01 | -19.39 | -93.44 |
| 22Q3 (12) | 5.89 | -35.63 | -41.97 | 20.86 | 5.09 | 7.53 | 0 | 0 | 0 | 0 | 0 | 0 | 20.91 | -27.77 | -24.51 | 8.16 | 227.71 | 274.31 | 35.36 | -10.66 | -2.62 | 33.36 | -4.94 | -2.05 | 23.48 | -7.16 | 6.97 | 1.95 | -0.51 | 4.84 | 0 | 0 | -100.0 | 0.58 | -38.95 | 0.0 | 18.27 | 2.24 | 2.24 | 7.85 | 0.0 | 13.6 | 0.11 | 0.0 | 0.0 | 20.24 | 67.55 | 52.29 | 28.2 | 40.72 | 38.85 | -0.8 | -328.57 | -231.15 | 19.44 | 56.4 | 39.86 | 0.01 | -92.42 | -91.72 |
| 22Q2 (11) | 9.15 | -0.54 | -21.66 | 19.85 | -1.64 | 26.27 | 0 | 0 | 0 | 0 | 0 | 0 | 28.95 | -5.33 | 2.95 | 2.49 | -13.24 | 9.69 | 39.58 | -0.38 | 10.37 | 35.09 | -1.11 | 0.85 | 25.29 | 9.86 | 51.71 | 1.96 | 0.0 | 5.38 | 0 | 0 | 0 | 0.95 | 13.1 | 79.25 | 17.87 | 0.0 | 0.0 | 7.85 | 13.6 | 24.6 | 0.11 | 0.0 | 0.0 | 12.08 | -31.64 | -29.4 | 20.04 | -18.83 | -14.8 | 0.35 | -41.67 | -72.66 | 12.43 | -31.96 | -32.41 | 0.09 | 18.47 | 24.28 |
| 22Q1 (10) | 9.2 | -3.16 | -6.31 | 20.18 | 6.27 | 28.21 | 0 | 0 | 0 | 0 | 0 | 0 | 30.58 | 19.64 | 10.2 | 2.87 | 91.33 | 28.12 | 39.73 | 14.69 | 17.79 | 35.49 | 11.79 | 4.71 | 23.02 | -5.81 | 71.41 | 1.96 | 0.0 | 4.81 | 0 | 0 | 0 | 0.84 | 100.0 | 55.56 | 17.87 | 0.0 | 0.0 | 6.91 | 0.0 | 9.68 | 0.11 | 0.0 | 0.0 | 17.67 | 19.39 | 27.77 | 24.69 | 13.15 | 21.99 | 0.6 | 93.55 | -43.4 | 18.27 | 20.91 | 22.7 | 0.07 | -9.28 | 2.15 |
| 21Q4 (9) | 9.5 | -6.4 | 6.15 | 18.99 | -2.11 | 31.42 | 0 | 0 | 0 | 0 | 0 | 0 | 25.56 | -7.73 | 10.89 | 1.5 | -31.19 | 25.0 | 34.64 | -4.6 | 19.16 | 31.74 | -6.79 | 0.91 | 24.44 | 11.34 | 50.59 | 1.96 | 5.38 | 4.81 | 0 | -100.0 | 0 | 0.42 | -27.59 | -23.64 | 17.87 | 0.0 | 0.0 | 6.91 | 0.0 | 9.68 | 0.11 | 0.0 | 0.0 | 14.8 | 11.36 | 28.81 | 21.82 | 7.43 | 21.9 | 0.31 | -49.18 | -71.3 | 15.11 | 8.71 | 20.21 | 0.08 | 1.69 | 5.39 |
| 21Q3 (8) | 10.15 | -13.1 | 66.67 | 19.4 | 23.41 | 23.02 | 0 | 0 | -100.0 | 0 | 0 | 0 | 27.7 | -1.49 | 14.75 | 2.18 | -3.96 | 23.16 | 36.31 | 1.25 | 20.07 | 34.06 | -2.13 | 2.46 | 21.95 | 31.67 | 49.83 | 1.86 | 0.0 | -0.53 | 2.13 | 0 | 5225.0 | 0.58 | 9.43 | 3.57 | 17.87 | 0.0 | 0.0 | 6.91 | 9.68 | 9.68 | 0.11 | 0.0 | 0.0 | 13.29 | -22.33 | 31.32 | 20.31 | -13.65 | 22.87 | 0.61 | -52.34 | 6200.0 | 13.9 | -24.42 | 37.49 | 0.08 | 13.71 | 39.06 |
| 21Q2 (7) | 11.68 | 18.94 | 43.14 | 15.72 | -0.13 | 22.53 | 0 | 0 | -100.0 | 0 | 0 | 0 | 28.12 | 1.33 | 14.36 | 2.27 | 1.34 | 44.59 | 35.86 | 6.31 | 18.9 | 34.80 | 2.67 | 0 | 16.67 | 24.13 | 24.03 | 1.86 | -0.53 | -0.53 | 0 | 0 | -100.0 | 0.53 | -1.85 | -7.02 | 17.87 | 0.0 | 0.0 | 6.3 | 0.0 | 0.0 | 0.11 | 0.0 | 0.0 | 17.11 | 23.72 | 103.21 | 23.52 | 16.21 | 58.7 | 1.28 | 20.75 | 54.22 | 18.39 | 23.51 | 98.81 | 0.07 | -2.63 | 26.7 |
| 21Q1 (6) | 9.82 | 9.72 | 7.44 | 15.74 | 8.93 | 23.06 | 0 | 0 | -100.0 | 0 | 0 | 0 | 27.75 | 20.39 | 34.45 | 2.24 | 86.67 | 53.42 | 33.73 | 16.03 | 28.1 | 33.89 | 7.74 | 0 | 13.43 | -17.25 | -13.69 | 1.87 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0.54 | -1.82 | -6.9 | 17.87 | 0.0 | 0.0 | 6.3 | 0.0 | 10.53 | 0.11 | 0.0 | 0.0 | 13.83 | 20.37 | 0.95 | 20.24 | 13.07 | 3.74 | 1.06 | -1.85 | 276.67 | 14.89 | 18.46 | 13.66 | 0.07 | -6.4 | 41.89 |
| 20Q4 (5) | 8.95 | 46.96 | 12.58 | 14.45 | -8.37 | -0.14 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 23.05 | -4.52 | 6.66 | 1.2 | -32.2 | 66.67 | 29.07 | -3.87 | 5.59 | 31.45 | -5.37 | 0 | 16.23 | 10.78 | 5.94 | 1.87 | 0.0 | -0.53 | 0 | -100.0 | -100.0 | 0.55 | -1.79 | -6.78 | 17.87 | 0.0 | 0.0 | 6.3 | 0.0 | 10.53 | 0.11 | 0.0 | 0.0 | 11.49 | 13.54 | -6.13 | 17.9 | 8.29 | -0.83 | 1.08 | 10900.0 | -35.71 | 12.57 | 24.33 | -9.7 | 0.08 | 34.17 | 48.2 |
| 20Q3 (4) | 6.09 | -25.37 | 0.0 | 15.77 | 22.92 | 0.0 | 0.03 | 0.0 | 0.0 | 0 | 0 | 0.0 | 24.14 | -1.83 | 0.0 | 1.77 | 12.74 | 0.0 | 30.24 | 0.27 | 0.0 | 33.24 | 0 | 0.0 | 14.65 | 9.0 | 0.0 | 1.87 | 0.0 | 0.0 | 0.04 | 0.0 | 0.0 | 0.56 | -1.75 | 0.0 | 17.87 | 0.0 | 0.0 | 6.3 | 0.0 | 0.0 | 0.11 | 0.0 | 0.0 | 10.12 | 20.19 | 0.0 | 16.53 | 11.54 | 0.0 | -0.01 | -101.2 | 0.0 | 10.11 | 9.3 | 0.0 | 0.06 | 3.61 | 0.0 |
