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) | 4.86 | -14.29 | 10.44 | -24.78 | 0.2 | 150.0 | 0 | 0 | 21.59 | -35.78 | -1.65 | 0 | 9.28 | -5.69 | 42.98 | 46.86 | 6.2 | -40.5 | 1.62 | 15.71 | 3.98 | 0 | 0.06 | 0.0 | 10.66 | 14.38 | 2.27 | 3.18 | 0.83 | -27.83 | 0.13 | -94.49 | 3.23 | -43.53 | -1.1 | 0 | -0.97 | 0 | 0.00 | 0 |
| 2022 (9) | 5.67 | 52.42 | 13.88 | 60.28 | 0.08 | -80.95 | 0 | 0 | 33.62 | 11.81 | 0.66 | 186.96 | 9.84 | -31.24 | 29.27 | -38.5 | 10.42 | 29.76 | 1.4 | -1.41 | 0 | 0 | 0.06 | 0 | 9.32 | 0.98 | 2.2 | 0.92 | 1.15 | 1.77 | 2.36 | 34.86 | 5.72 | 13.27 | -0.83 | 0 | 1.53 | 155.0 | 0.00 | 0 |
| 2021 (8) | 3.72 | -50.92 | 8.66 | 28.68 | 0.42 | 0 | 0 | 0 | 30.07 | 13.43 | 0.23 | -81.89 | 14.31 | 33.86 | 47.59 | 18.02 | 8.03 | 58.07 | 1.42 | -46.01 | 0 | 0 | 0 | 0 | 9.23 | 10.8 | 2.18 | 6.34 | 1.13 | -3.42 | 1.75 | -38.6 | 5.05 | -16.94 | -1.15 | 0 | 0.6 | -65.12 | 0.00 | 0 |
| 2020 (7) | 7.58 | 11.96 | 6.73 | -31.68 | 0 | 0 | 0 | 0 | 26.51 | -14.57 | 1.27 | -57.67 | 10.69 | -14.75 | 40.32 | -0.22 | 5.08 | -4.87 | 2.63 | -1.5 | 3.84 | 0 | 0 | 0 | 8.33 | 11.66 | 2.05 | 17.14 | 1.17 | 28.57 | 2.85 | -38.04 | 6.08 | -16.25 | -1.13 | 0 | 1.72 | -49.85 | 0.00 | 0 |
| 2019 (6) | 6.77 | -6.75 | 9.85 | 3.47 | 0 | 0 | 0 | 0 | 31.03 | -0.48 | 3.0 | -23.86 | 12.54 | 1.54 | 40.41 | 2.03 | 5.34 | -18.6 | 2.67 | -1.48 | 0 | 0 | 0.01 | -50.0 | 7.46 | 5.07 | 1.75 | 28.68 | 0.91 | 0.0 | 4.6 | -17.27 | 7.26 | -7.28 | -1.17 | 0 | 3.43 | -29.57 | 0.00 | 0 |
| 2018 (5) | 7.26 | 14.69 | 9.52 | 44.68 | 0 | 0 | 0 | 0 | 31.18 | 19.1 | 3.94 | 17.96 | 12.35 | 19.44 | 39.61 | 0.29 | 6.56 | 45.78 | 2.71 | -1.45 | 0 | 0 | 0.02 | 100.0 | 7.1 | 1.72 | 1.36 | 32.04 | 0.91 | 9.64 | 5.56 | 12.32 | 7.83 | 14.98 | -0.69 | 0 | 4.87 | 7.98 | 0.00 | 0 |
| 2017 (4) | 6.33 | 111.0 | 6.58 | 80.27 | 0.17 | -74.63 | 0 | 0 | 26.18 | -5.45 | 3.34 | 16.38 | 10.34 | -1.15 | 39.50 | 4.55 | 4.5 | -13.46 | 2.75 | 5.36 | 1.1 | -37.5 | 0.01 | -50.0 | 6.98 | 9.92 | 1.03 | 39.19 | 0.83 | 76.6 | 4.95 | 40.23 | 6.81 | 43.67 | -0.44 | 0 | 4.51 | 42.27 | 0.00 | 0 |
| 2016 (3) | 3.0 | 54.64 | 3.65 | -23.64 | 0.67 | 0.0 | 0 | 0 | 27.69 | 21.39 | 2.87 | 263.29 | 10.46 | 7.06 | 37.78 | -11.81 | 5.2 | 9.7 | 2.61 | -1.14 | 1.76 | -8.81 | 0.02 | -66.67 | 6.35 | 0.0 | 0.74 | 12.12 | 0.47 | 0.0 | 3.53 | 209.65 | 4.74 | 109.73 | -0.36 | 0 | 3.17 | 133.09 | 0.00 | 0 |
| 2015 (2) | 1.94 | 3.19 | 4.78 | -40.91 | 0.67 | 294.12 | 0 | 0 | 22.81 | 7.95 | 0.79 | 17.91 | 9.77 | 13.34 | 42.83 | 4.99 | 4.74 | -9.37 | 2.64 | -0.75 | 1.93 | -8.1 | 0.06 | -40.0 | 6.35 | -0.47 | 0.66 | 11.86 | 0.47 | 0.0 | 1.14 | 54.05 | 2.26 | 25.56 | 0.22 | -33.33 | 1.36 | 27.1 | 0.00 | 0 |
| 2014 (1) | 1.88 | 116.09 | 8.09 | 43.95 | 0.17 | 0.0 | 0 | 0 | 21.13 | 24.81 | 0.67 | 0 | 8.62 | 29.24 | 40.80 | 3.55 | 5.23 | 14.69 | 2.66 | -0.75 | 2.1 | 19.32 | 0.1 | 42.86 | 6.38 | 0.0 | 0.59 | 0.0 | 0.47 | 0.0 | 0.74 | 722.22 | 1.8 | 56.52 | 0.33 | 200.0 | 1.07 | 435.0 | 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) | 7.62 | -23.26 | 14.76 | 10.46 | -10.21 | -1.23 | 4.21 | 136.52 | 2115.79 | 0 | 0 | 0 | 5.29 | -1.49 | -8.32 | -1.18 | -195.0 | -1083.33 | 8.45 | 9.46 | -11.98 | 41.42 | 12.03 | -5.55 | 6.45 | 8.4 | -15.69 | 2.07 | -0.48 | -1.43 | 0 | -100.0 | -100.0 | 0.05 | -16.67 | -28.57 | 10.66 | 0.0 | 0.09 | 2.27 | 0.0 | 0.0 | 0.96 | 0.0 | 15.66 | -1.67 | -240.82 | -251.82 | 1.55 | -43.43 | -63.1 | -0.49 | 30.0 | 33.78 | -2.16 | -81.51 | -700.0 | 0.00 | 0 | 0 |
| 24Q2 (19) | 9.93 | 14.93 | 142.2 | 11.65 | 1.75 | -10.8 | 1.78 | 836.84 | 584.62 | 0 | 0 | 0 | 5.37 | 19.33 | -2.89 | -0.4 | -344.44 | -900.0 | 7.72 | 4.04 | -11.06 | 36.97 | 4.84 | 2.91 | 5.95 | 3.3 | -26.09 | 2.08 | 29.19 | 49.64 | 2.39 | -40.99 | 38.95 | 0.06 | 0.0 | -14.29 | 10.66 | 0.0 | 0.28 | 2.27 | 0.0 | 0.0 | 0.96 | 15.66 | 15.66 | -0.49 | -1325.0 | -150.0 | 2.74 | -12.46 | -32.68 | -0.7 | 14.63 | 42.15 | -1.19 | -52.56 | -417.39 | 0.00 | 0 | 0 |
| 24Q1 (18) | 8.64 | 77.78 | 77.41 | 11.45 | 9.67 | -10.76 | 0.19 | -5.0 | 137.5 | 0 | 0 | 0 | 4.5 | -14.12 | -10.89 | -0.09 | 90.62 | 88.31 | 7.42 | -20.04 | -11.03 | 35.27 | -17.95 | 21.78 | 5.76 | -7.1 | -36.28 | 1.61 | -0.62 | 15.83 | 4.05 | 1.76 | 0 | 0.06 | 0.0 | -25.0 | 10.66 | 0.0 | 3.29 | 2.27 | 0.0 | 3.18 | 0.83 | 0.0 | -27.83 | 0.04 | -69.23 | -97.48 | 3.13 | -3.1 | -36.64 | -0.82 | 25.45 | -10.81 | -0.78 | 19.59 | -191.76 | 0.00 | 0 | 0 |
| 23Q4 (17) | 4.86 | -26.81 | -14.29 | 10.44 | -1.42 | -24.78 | 0.2 | 5.26 | 150.0 | 0 | 0 | 0 | 5.24 | -9.19 | -5.42 | -0.96 | -900.0 | -68.42 | 9.28 | -3.33 | -5.69 | 42.98 | -1.99 | 46.86 | 6.2 | -18.95 | -40.5 | 1.62 | -22.86 | 15.71 | 3.98 | -3.4 | 0 | 0.06 | -14.29 | 0.0 | 10.66 | 0.09 | 14.38 | 2.27 | 0.0 | 3.18 | 0.83 | 0.0 | -27.83 | 0.13 | -88.18 | -94.49 | 3.23 | -23.1 | -43.53 | -1.1 | -48.65 | -32.53 | -0.97 | -369.44 | -163.4 | 0.00 | 0 | 0 |
| 23Q3 (16) | 6.64 | 61.95 | 40.08 | 10.59 | -18.91 | -25.74 | 0.19 | -26.92 | 137.5 | 0 | 0 | 0 | 5.77 | 4.34 | -28.23 | 0.12 | 400.0 | -78.18 | 9.6 | 10.6 | -31.13 | 43.86 | 22.07 | 16.4 | 7.65 | -4.97 | -37.5 | 2.1 | 51.08 | 48.94 | 4.12 | 139.53 | 0 | 0.07 | 0.0 | 40.0 | 10.65 | 0.19 | 14.27 | 2.27 | 0.0 | 3.18 | 0.83 | 0.0 | -27.83 | 1.1 | 12.24 | -62.46 | 4.2 | 3.19 | -33.12 | -0.74 | 38.84 | -23.33 | 0.36 | 256.52 | -84.55 | 0.00 | 0 | 0 |
| 23Q2 (15) | 4.1 | -15.81 | 19.53 | 13.06 | 1.79 | 5.32 | 0.26 | 225.0 | 18.18 | 0 | 0 | 0 | 5.53 | 9.5 | -45.62 | -0.04 | 94.81 | -106.35 | 8.68 | 4.08 | -48.3 | 35.93 | 24.06 | -21.41 | 8.05 | -10.95 | -30.9 | 1.39 | 0.0 | -1.42 | 1.72 | 0 | 0 | 0.07 | -12.5 | 75.0 | 10.63 | 3.0 | 14.55 | 2.27 | 3.18 | 3.18 | 0.83 | -27.83 | -27.83 | 0.98 | -38.36 | -58.65 | 4.07 | -17.61 | -28.97 | -1.21 | -63.51 | -65.75 | -0.23 | -127.06 | -114.02 | 0.00 | 0 | 0 |
| 23Q1 (14) | 4.87 | -14.11 | 40.35 | 12.83 | -7.56 | 23.6 | 0.08 | 0.0 | -73.33 | 0 | 0 | 0 | 5.05 | -8.84 | -48.83 | -0.77 | -35.09 | -1640.0 | 8.34 | -15.24 | -48.13 | 28.96 | -1.06 | -40.1 | 9.04 | -13.24 | -1.95 | 1.39 | -0.71 | -2.11 | 0 | 0 | 0 | 0.08 | 33.33 | 100.0 | 10.32 | 10.73 | 11.45 | 2.2 | 0.0 | 0.92 | 1.15 | 0.0 | 1.77 | 1.59 | -32.63 | -11.17 | 4.94 | -13.64 | -3.14 | -0.74 | 10.84 | -27.59 | 0.85 | -44.44 | -29.75 | 0.00 | 0 | 0 |
| 22Q4 (13) | 5.67 | 19.62 | 52.42 | 13.88 | -2.66 | 60.28 | 0.08 | 0.0 | -80.95 | 0 | 0 | 0 | 5.54 | -31.09 | -37.89 | -0.57 | -203.64 | -416.67 | 9.84 | -29.41 | -31.24 | 29.27 | -22.32 | -38.5 | 10.42 | -14.87 | 29.76 | 1.4 | -0.71 | -1.41 | 0 | 0 | 0 | 0.06 | 20.0 | 0 | 9.32 | 0.0 | 0.98 | 2.2 | 0.0 | 0.92 | 1.15 | 0.0 | 1.77 | 2.36 | -19.45 | 34.86 | 5.72 | -8.92 | 13.27 | -0.83 | -38.33 | 27.83 | 1.53 | -34.33 | 155.0 | 0.00 | 0 | 0 |
| 22Q3 (12) | 4.74 | 38.19 | -35.69 | 14.26 | 15.0 | 71.19 | 0.08 | -63.64 | -80.95 | 0 | 0 | 0 | 8.04 | -20.94 | 3.47 | 0.55 | -12.7 | 339.13 | 13.94 | -16.97 | 20.38 | 37.68 | -17.58 | -10.14 | 12.24 | 5.06 | 58.55 | 1.41 | 0.0 | -1.4 | 0 | 0 | 0 | 0.05 | 25.0 | 0 | 9.32 | 0.43 | 0.98 | 2.2 | 0.0 | 0.92 | 1.15 | 0.0 | 1.77 | 2.93 | 23.63 | 86.62 | 6.28 | 9.6 | 28.69 | -0.6 | 17.81 | 49.58 | 2.33 | 42.07 | 513.16 | 0.00 | 0 | 0 |
| 22Q2 (11) | 3.43 | -1.15 | -46.24 | 12.4 | 19.46 | 83.43 | 0.22 | -26.67 | 0 | 0 | 0 | 0 | 10.17 | 3.04 | 51.79 | 0.63 | 1160.0 | 3050.0 | 16.79 | 4.42 | 60.21 | 45.71 | -5.45 | 14.72 | 11.65 | 26.36 | 80.34 | 1.41 | -0.7 | -45.98 | 0 | 0 | -100.0 | 0.04 | 0.0 | 300.0 | 9.28 | 0.22 | 2.2 | 2.2 | 0.92 | 7.32 | 1.15 | 1.77 | -1.71 | 2.37 | 32.4 | 26.06 | 5.73 | 12.35 | 12.35 | -0.73 | -25.86 | 38.66 | 1.64 | 35.54 | 137.68 | 0.00 | 0 | 0 |
| 22Q1 (10) | 3.47 | -6.72 | -54.28 | 10.38 | 19.86 | 52.65 | 0.3 | -28.57 | 0 | 0 | 0 | 0 | 9.87 | 10.65 | 47.75 | 0.05 | -72.22 | -80.0 | 16.08 | 12.37 | 48.61 | 48.35 | 1.59 | 22.56 | 9.22 | 14.82 | 69.8 | 1.42 | 0.0 | -45.8 | 0 | 0 | -100.0 | 0.04 | 0 | 0 | 9.26 | 0.33 | 3.0 | 2.18 | 0.0 | 6.34 | 1.13 | 0.0 | -3.42 | 1.79 | 2.29 | -42.26 | 5.1 | 0.99 | -19.43 | -0.58 | 49.57 | 53.97 | 1.21 | 101.67 | -34.24 | 0.00 | 0 | 0 |
| 21Q4 (9) | 3.72 | -49.53 | -50.92 | 8.66 | 3.96 | 28.68 | 0.42 | 0.0 | 0 | 0 | 0 | 0 | 8.92 | 14.8 | 37.87 | 0.18 | 178.26 | 263.64 | 14.31 | 23.58 | 33.86 | 47.59 | 13.51 | 17.97 | 8.03 | 4.02 | 58.07 | 1.42 | -0.7 | -46.01 | 0 | 0 | -100.0 | 0 | 0 | 0 | 9.23 | 0.0 | 10.8 | 2.18 | 0.0 | 6.34 | 1.13 | 0.0 | -3.42 | 1.75 | 11.46 | -38.6 | 5.05 | 3.48 | -16.94 | -1.15 | 3.36 | -1.77 | 0.6 | 57.89 | -65.12 | 0.00 | 0 | 0 |
| 21Q3 (8) | 7.37 | 15.52 | -23.39 | 8.33 | 23.22 | 17.99 | 0.42 | 0 | 0 | 0 | 0 | 0 | 7.77 | 15.97 | 20.47 | -0.23 | -1250.0 | -185.19 | 11.58 | 10.5 | 8.43 | 41.93 | 5.22 | 9.72 | 7.72 | 19.5 | 56.59 | 1.43 | -45.21 | -45.83 | 0 | -100.0 | -100.0 | 0 | -100.0 | 0 | 9.23 | 1.65 | 14.66 | 2.18 | 6.34 | 6.34 | 1.13 | -3.42 | -3.42 | 1.57 | -16.49 | -46.96 | 4.88 | -4.31 | -21.16 | -1.19 | 0.0 | 13.77 | 0.38 | -44.93 | -75.95 | 0.00 | 0 | 0 |
| 21Q2 (7) | 6.38 | -15.94 | -29.81 | 6.76 | -0.59 | -36.76 | 0 | 0 | 0 | 0 | 0 | 0 | 6.7 | 0.3 | -14.43 | 0.02 | -92.0 | -96.72 | 10.48 | -3.14 | -10.35 | 39.85 | 1.02 | 0 | 6.46 | 18.97 | 48.17 | 2.61 | -0.38 | -1.51 | 1.0 | -24.24 | 0 | 0.01 | 0 | 0.0 | 9.08 | 1.0 | 12.8 | 2.05 | 0.0 | 0.0 | 1.17 | 0.0 | 0.0 | 1.88 | -39.35 | -30.11 | 5.1 | -19.43 | -13.85 | -1.19 | 5.56 | 25.62 | 0.69 | -62.5 | -36.7 | 0.00 | 0 | 0 |
| 21Q1 (6) | 7.59 | 0.13 | -17.32 | 6.8 | 1.04 | -33.98 | 0 | 0 | 0 | 0 | 0 | 0 | 6.68 | 3.25 | 16.17 | 0.25 | 327.27 | -50.0 | 10.82 | 1.22 | 7.55 | 39.45 | -2.22 | 0 | 5.43 | 6.89 | 9.48 | 2.62 | -0.38 | -1.5 | 1.32 | -65.62 | 0 | 0 | 0 | -100.0 | 8.99 | 7.92 | 20.51 | 2.05 | 0.0 | 17.14 | 1.17 | 0.0 | 28.57 | 3.1 | 8.77 | -39.22 | 6.33 | 4.11 | -18.43 | -1.26 | -11.5 | 8.03 | 1.84 | 6.98 | -50.67 | 0.00 | 0 | 0 |
| 20Q4 (5) | 7.58 | -21.21 | 11.96 | 6.73 | -4.67 | -31.68 | 0 | 0 | 0 | 0 | 0 | 0 | 6.47 | 0.31 | -18.31 | -0.11 | -140.74 | -112.5 | 10.69 | 0.09 | -14.75 | 40.34 | 5.57 | 0 | 5.08 | 3.04 | -4.87 | 2.63 | -0.38 | -1.5 | 3.84 | -21.15 | 0 | 0 | 0 | -100.0 | 8.33 | 3.48 | 11.66 | 2.05 | 0.0 | 17.14 | 1.17 | 0.0 | 28.57 | 2.85 | -3.72 | -38.04 | 6.08 | -1.78 | -16.25 | -1.13 | 18.12 | 3.42 | 1.72 | 8.86 | -49.85 | 0.00 | 0 | 0 |
| 20Q3 (4) | 9.62 | 5.83 | 0.0 | 7.06 | -33.96 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 6.45 | -17.62 | 0.0 | 0.27 | -55.74 | 0.0 | 10.68 | -8.64 | 0.0 | 38.21 | 0 | 0.0 | 4.93 | 13.07 | 0.0 | 2.64 | -0.38 | 0.0 | 4.87 | 0 | 0.0 | 0 | -100.0 | 0.0 | 8.05 | 0.0 | 0.0 | 2.05 | 0.0 | 0.0 | 1.17 | 0.0 | 0.0 | 2.96 | 10.04 | 0.0 | 6.19 | 4.56 | 0.0 | -1.38 | 13.75 | 0.0 | 1.58 | 44.95 | 0.0 | 0.00 | 0 | 0.0 |
