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) | 21.7 | 12.96 | 3.17 | 12.41 | 1.9 | 0 | 0 | 0 | 35.44 | -4.81 | 6.16 | -14.68 | 4.25 | -11.64 | 11.99 | -7.18 | 17.76 | -5.48 | 0 | 0 | 9.6 | 100.42 | 3.95 | -6.84 | 2.92 | 0.0 | 5.18 | 12.61 | 0.01 | 0.0 | 15.52 | 11.57 | 20.72 | 11.82 | 2.08 | 13.66 | 17.6 | 11.82 | 0.01 | -15.78 |
| 2022 (9) | 19.21 | 76.56 | 2.82 | -16.81 | 0 | 0 | 0 | 0 | 37.23 | 1.78 | 7.22 | 7.76 | 4.81 | -16.49 | 12.92 | -17.95 | 18.79 | 16.64 | 0 | 0 | 4.79 | 61.28 | 4.24 | -6.19 | 2.92 | 0.0 | 4.6 | 18.25 | 0.01 | 0.0 | 13.91 | 0.94 | 18.53 | 4.81 | 1.83 | 381.58 | 15.74 | 11.16 | 0.01 | 4.05 |
| 2021 (8) | 10.88 | 25.2 | 3.39 | 55.5 | 0.41 | 10.81 | 0 | 0 | 36.58 | 47.03 | 6.7 | 68.77 | 5.76 | 65.52 | 15.75 | 12.58 | 16.11 | 26.75 | 0 | 0 | 2.97 | -10.81 | 4.52 | -6.42 | 2.92 | 0.0 | 3.89 | 13.08 | 0.01 | 0.0 | 13.78 | 34.18 | 17.68 | 28.86 | 0.38 | -82.81 | 14.16 | 13.46 | 0.01 | -4.12 |
| 2020 (7) | 8.69 | -10.04 | 2.18 | -18.66 | 0.37 | 131.25 | 0 | 0 | 24.88 | 20.72 | 3.97 | 28.06 | 3.48 | 11.18 | 13.99 | -7.9 | 12.71 | 25.84 | 0 | 0 | 3.33 | -9.26 | 4.83 | -6.21 | 2.92 | 0.0 | 3.44 | 9.9 | 0.01 | 0.0 | 10.27 | 21.97 | 13.72 | 18.69 | 2.21 | -22.18 | 12.48 | 10.83 | 0.01 | -10.94 |
| 2019 (6) | 9.66 | 27.27 | 2.68 | -4.29 | 0.16 | 0.0 | 0 | 0 | 20.61 | 38.88 | 3.1 | 11.11 | 3.13 | -7.94 | 15.19 | -33.71 | 10.1 | 23.02 | 0 | 0 | 3.67 | -9.16 | 5.15 | 18.66 | 2.92 | 18.22 | 3.13 | 9.82 | 0.01 | 0.0 | 8.42 | 5.91 | 11.56 | 6.94 | 2.84 | 167.92 | 11.26 | 24.97 | 0.01 | -27.63 |
| 2018 (5) | 7.59 | -10.28 | 2.8 | 0.0 | 0.16 | 6.67 | 0 | 0 | 14.84 | -29.97 | 2.79 | -25.8 | 3.4 | 31.78 | 22.91 | 88.17 | 8.21 | 39.39 | 0 | 0 | 4.04 | -3.35 | 4.34 | 39.55 | 2.47 | 0.0 | 2.85 | 15.38 | 0.01 | 0.0 | 7.95 | -0.75 | 10.81 | 2.95 | 1.06 | -75.0 | 9.01 | -26.45 | 0.02 | 0 |
| 2017 (4) | 8.46 | -11.51 | 2.8 | 55.56 | 0.15 | 0.0 | 0 | 0 | 21.19 | -2.08 | 3.76 | -4.33 | 2.58 | -31.02 | 12.18 | -29.55 | 5.89 | -27.73 | 0 | 0 | 4.18 | -2.56 | 3.11 | -3.42 | 2.47 | 0.0 | 2.47 | 18.75 | 0.01 | 0.0 | 8.01 | 13.14 | 10.5 | 14.5 | 4.24 | 110.95 | 12.25 | 34.76 | 0.00 | 0 |
| 2016 (3) | 9.56 | -8.34 | 1.8 | 38.46 | 0.15 | 0.0 | 0 | 0 | 21.64 | 8.31 | 3.93 | -2.96 | 3.74 | 19.11 | 17.28 | 9.97 | 8.15 | 32.74 | 3.94 | 2714.29 | 4.29 | 133.15 | 3.22 | -3.88 | 2.47 | 0.0 | 2.08 | 24.55 | 0.01 | 0.0 | 7.08 | 8.26 | 9.17 | 11.42 | 2.01 | 279.25 | 9.09 | 28.57 | 0.00 | 0 |
| 2015 (2) | 10.43 | 16.93 | 1.3 | -7.14 | 0.15 | 1400.0 | 0 | 0 | 19.98 | 24.1 | 4.05 | 37.76 | 3.14 | 61.86 | 15.72 | 30.42 | 6.14 | 37.05 | 0.14 | 0.0 | 1.84 | 1944.44 | 3.35 | -3.18 | 2.47 | 0.0 | 1.67 | 21.01 | 0.01 | -50.0 | 6.54 | 40.65 | 8.23 | 36.03 | 0.53 | 0 | 7.07 | 52.37 | 0.00 | 0 |
| 2014 (1) | 8.92 | 24.93 | 1.4 | -17.65 | 0.01 | 0 | 0 | 0 | 16.1 | -29.35 | 2.94 | -41.08 | 1.94 | -30.47 | 12.05 | -1.57 | 4.48 | 8.74 | 0.14 | 7.69 | 0.09 | -10.0 | 3.46 | -3.62 | 2.47 | 0.0 | 1.38 | 56.82 | 0.02 | 100.0 | 4.65 | -10.4 | 6.05 | -0.49 | -0.01 | 0 | 4.64 | -10.25 | 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) | 22.61 | -19.96 | 24.37 | 1.58 | -43.57 | -23.3 | 1.12 | 41.77 | 93.1 | 0 | 0 | 0 | 9.92 | 3.12 | 19.52 | 2.17 | 5.85 | 36.48 | 5.0 | 5.26 | 24.38 | 12.85 | 0.88 | 12.45 | 19.63 | 8.15 | 8.21 | 0 | 0 | 0 | 13.2 | 3.94 | 34.42 | 3.76 | -1.83 | -6.47 | 2.92 | 0.0 | 0.0 | 5.93 | 0.0 | 14.48 | 0.01 | 0.0 | 0.0 | 16.0 | 15.36 | 17.99 | 21.95 | 10.75 | 17.0 | 2.32 | -8.66 | 2.2 | 18.32 | 11.64 | 15.73 | 0.01 | -4.34 | -21.9 |
| 24Q2 (19) | 28.25 | 27.19 | 23.36 | 2.8 | 3.7 | 17.65 | 0.79 | -67.49 | 0 | 0 | 0 | 0 | 9.62 | 7.13 | 11.6 | 2.05 | 19.19 | 33.99 | 4.75 | 0.64 | -10.04 | 12.74 | -2.06 | -13.42 | 18.15 | 3.18 | 4.55 | 0 | 0 | 0 | 12.7 | 37.45 | 36.41 | 3.83 | -1.29 | -6.59 | 2.92 | 0.0 | 0.0 | 5.93 | 14.48 | 14.48 | 0.01 | 0.0 | 0.0 | 13.87 | 10.43 | 16.07 | 19.82 | 11.6 | 15.57 | 2.54 | -14.19 | 39.56 | 16.41 | 5.73 | 19.17 | 0.01 | -11.71 | -23.13 |
| 24Q1 (18) | 22.21 | 2.35 | 19.22 | 2.7 | -14.83 | 280.28 | 2.43 | 27.89 | 0 | 0 | 0 | 0 | 8.98 | -13.49 | 10.46 | 1.72 | -8.51 | 47.01 | 4.72 | 11.06 | 12.11 | 13.01 | 8.46 | 11.68 | 17.59 | -0.96 | -4.76 | 0 | 0 | 0 | 9.24 | -3.75 | 5.0 | 3.88 | -1.77 | -6.95 | 2.92 | 0.0 | 0.0 | 5.18 | 0.0 | 12.61 | 0.01 | 0.0 | 0.0 | 12.56 | -19.07 | 24.36 | 17.76 | -14.29 | 20.73 | 2.96 | 42.31 | 25.42 | 15.52 | -11.82 | 24.56 | 0.01 | -2.9 | -21.62 |
| 23Q4 (17) | 21.7 | 19.36 | 12.96 | 3.17 | 53.88 | 12.41 | 1.9 | 227.59 | 0 | 0 | 0 | 0 | 10.38 | 25.06 | 2.57 | 1.88 | 18.24 | 26.17 | 4.25 | 5.72 | -11.64 | 12.00 | 4.95 | -7.15 | 17.76 | -2.09 | -5.48 | 0 | 0 | 0 | 9.6 | -2.24 | 100.42 | 3.95 | -1.74 | -6.84 | 2.92 | 0.0 | 0.0 | 5.18 | 0.0 | 12.61 | 0.01 | 0.0 | 0.0 | 15.52 | 14.45 | 11.57 | 20.72 | 10.45 | 11.82 | 2.08 | -8.37 | 13.66 | 17.6 | 11.18 | 11.82 | 0.01 | -4.76 | -15.78 |
| 23Q3 (16) | 18.18 | -20.61 | 6.44 | 2.06 | -13.45 | -53.39 | 0.58 | 0 | 5700.0 | 0 | 0 | 0 | 8.3 | -3.71 | -7.88 | 1.59 | 3.92 | -30.26 | 4.02 | -23.86 | -22.54 | 11.43 | -22.33 | -15.63 | 18.14 | 4.49 | -5.72 | 0 | 0 | 0 | 9.82 | 5.48 | 217.8 | 4.02 | -1.95 | -6.94 | 2.92 | 0.0 | 0.0 | 5.18 | 0.0 | 12.61 | 0.01 | 0.0 | 0.0 | 13.56 | 13.47 | 10.15 | 18.76 | 9.39 | 10.81 | 2.27 | 24.73 | 64.49 | 15.83 | 14.96 | 15.63 | 0.01 | -5.85 | -14.6 |
| 23Q2 (15) | 22.9 | 22.92 | 7.46 | 2.38 | 235.21 | -43.6 | 0 | 0 | -100.0 | 0 | 0 | 0 | 8.62 | 6.03 | -2.93 | 1.53 | 30.77 | -13.56 | 5.28 | 25.42 | 8.42 | 14.72 | 26.32 | 18.27 | 17.36 | -6.01 | -4.82 | 0 | 0 | 0 | 9.31 | 5.8 | 198.4 | 4.1 | -1.68 | -6.82 | 2.92 | 0.0 | 0.0 | 5.18 | 12.61 | 12.61 | 0.01 | 0.0 | 0.0 | 11.95 | 18.32 | 3.37 | 17.15 | 16.59 | 6.06 | 1.82 | -22.88 | 927.27 | 13.77 | 10.51 | 21.43 | 0.01 | -9.97 | -15.96 |
| 23Q1 (14) | 18.63 | -3.02 | 4.25 | 0.71 | -74.82 | -78.87 | 0 | 0 | -100.0 | 0 | 0 | 0 | 8.13 | -19.66 | -11.82 | 1.17 | -21.48 | -30.36 | 4.21 | -12.47 | -23.18 | 11.65 | -9.83 | -18.58 | 18.47 | -1.7 | 8.14 | 0 | 0 | 0 | 8.8 | 83.72 | 209.86 | 4.17 | -1.65 | -6.08 | 2.92 | 0.0 | 0.0 | 4.6 | 0.0 | 18.25 | 0.01 | 0.0 | 0.0 | 10.1 | -27.39 | -3.81 | 14.71 | -20.62 | 2.15 | 2.36 | 28.96 | 337.04 | 12.46 | -20.84 | 12.86 | 0.01 | 4.34 | -7.26 |
| 22Q4 (13) | 19.21 | 12.47 | 76.56 | 2.82 | -36.2 | -16.81 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 10.12 | 12.32 | -9.64 | 1.49 | -34.65 | -38.17 | 4.81 | -7.32 | -16.49 | 12.92 | -4.63 | -17.95 | 18.79 | -2.34 | 16.64 | 0 | 0 | 0 | 4.79 | 55.02 | 61.28 | 4.24 | -1.85 | -6.19 | 2.92 | 0.0 | 0.0 | 4.6 | 0.0 | 18.25 | 0.01 | 0.0 | 0.0 | 13.91 | 13.0 | 0.94 | 18.53 | 9.45 | 4.81 | 1.83 | 32.61 | 381.58 | 15.74 | 14.97 | 11.16 | 0.01 | -3.44 | 4.05 |
| 22Q3 (12) | 17.08 | -19.85 | 109.31 | 4.42 | 4.74 | 92.17 | 0.01 | -94.44 | -97.67 | 0 | 0 | 0 | 9.01 | 1.46 | -8.43 | 2.28 | 28.81 | 56.16 | 5.19 | 6.57 | -8.14 | 13.55 | 8.88 | -21.59 | 19.24 | 5.48 | 21.01 | 0 | 0 | 0 | 3.09 | -0.96 | 1.64 | 4.32 | -1.82 | -5.88 | 2.92 | 0.0 | 0.0 | 4.6 | 0.0 | 18.25 | 0.01 | 0.0 | 0.0 | 12.31 | 6.49 | 12.83 | 16.93 | 4.7 | 14.31 | 1.38 | 727.27 | 56.82 | 13.69 | 20.72 | 16.12 | 0.01 | -7.35 | -3.29 |
| 22Q2 (11) | 21.31 | 19.25 | 64.94 | 4.22 | 25.6 | 27.88 | 0.18 | -60.87 | -57.14 | 0 | 0 | 0 | 8.88 | -3.69 | 10.45 | 1.77 | 5.36 | 22.92 | 4.87 | -11.13 | -0.61 | 12.44 | -13.04 | -25.6 | 18.24 | 6.79 | 17.91 | 0 | 0 | 0 | 3.12 | 9.86 | -0.32 | 4.4 | -0.9 | -5.58 | 2.92 | 0.0 | 0.0 | 4.6 | 18.25 | 33.72 | 0.01 | 0.0 | 0.0 | 11.56 | 10.1 | -11.82 | 16.17 | 12.29 | -2.36 | -0.22 | -140.74 | -116.67 | 11.34 | 2.72 | -21.41 | 0.01 | -0.65 | 15.31 |
| 22Q1 (10) | 17.87 | 64.25 | 83.47 | 3.36 | -0.88 | 41.18 | 0.46 | 12.2 | 17.95 | 0 | 0 | 0 | 9.22 | -17.68 | 22.93 | 1.68 | -30.29 | 21.74 | 5.48 | -4.86 | 41.24 | 14.31 | -9.13 | 1.15 | 17.08 | 6.02 | 22.61 | 0 | 0 | 0 | 2.84 | -4.38 | -12.35 | 4.44 | -1.77 | -6.53 | 2.92 | 0.0 | 0.0 | 3.89 | 0.0 | 13.08 | 0.01 | 0.0 | 0.0 | 10.5 | -23.8 | -9.95 | 14.4 | -18.55 | -4.64 | 0.54 | 42.11 | -82.58 | 11.04 | -22.03 | -25.2 | 0.01 | 17.06 | 20.87 |
| 21Q4 (9) | 10.88 | 33.33 | 25.2 | 3.39 | 47.39 | 55.5 | 0.41 | -4.65 | 10.81 | 0 | 0 | 0 | 11.2 | 13.82 | 53.01 | 2.41 | 65.07 | 115.18 | 5.76 | 1.95 | 65.52 | 15.75 | -8.87 | 12.53 | 16.11 | 1.32 | 26.75 | 0 | 0 | 0 | 2.97 | -2.3 | -10.81 | 4.52 | -1.53 | -6.42 | 2.92 | 0.0 | 0.0 | 3.89 | 0.0 | 13.08 | 0.01 | 0.0 | 0.0 | 13.78 | 26.31 | 34.18 | 17.68 | 19.38 | 28.86 | 0.38 | -56.82 | -82.81 | 14.16 | 20.1 | 13.46 | 0.01 | -10.25 | -4.12 |
| 21Q3 (8) | 8.16 | -36.84 | -5.66 | 2.3 | -30.3 | -9.8 | 0.43 | 2.38 | 30.3 | 0 | 0 | 0 | 9.84 | 22.39 | 52.8 | 1.46 | 1.39 | 25.86 | 5.65 | 15.31 | 27.54 | 17.28 | 3.32 | -7.29 | 15.9 | 2.78 | 34.52 | 0 | 0 | 0 | 3.04 | -2.88 | -10.06 | 4.59 | -1.5 | -6.52 | 2.92 | 0.0 | 0.0 | 3.89 | 13.08 | 13.08 | 0.01 | 0.0 | 0.0 | 10.91 | -16.78 | 19.5 | 14.81 | -10.57 | 17.73 | 0.88 | -33.33 | -41.72 | 11.79 | -18.3 | 10.81 | 0.01 | 10.47 | 3.3 |
| 21Q2 (7) | 12.92 | 32.65 | 24.23 | 3.3 | 38.66 | 57.89 | 0.42 | 7.69 | 23.53 | 0 | 0 | 0 | 8.04 | 7.2 | 30.31 | 1.44 | 4.35 | 42.57 | 4.9 | 26.29 | 17.22 | 16.72 | 18.23 | 0 | 15.47 | 11.06 | 25.57 | 0 | 0 | 0 | 3.13 | -3.4 | -6.01 | 4.66 | -1.89 | -6.8 | 2.92 | 0.0 | 0.0 | 3.44 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 13.11 | 12.44 | 75.74 | 16.56 | 9.67 | 51.79 | 1.32 | -57.42 | -53.19 | 14.43 | -2.24 | 40.37 | 0.01 | 4.15 | -7.92 |
| 21Q1 (6) | 9.74 | 12.08 | 2.63 | 2.38 | 9.17 | -4.03 | 0.39 | 5.41 | 14.71 | 0 | 0 | 0 | 7.5 | 2.46 | 51.82 | 1.38 | 23.21 | 102.94 | 3.88 | 11.49 | 9.3 | 14.15 | 1.09 | 0 | 13.93 | 9.6 | 27.56 | 0 | 0 | 0 | 3.24 | -2.7 | -4.99 | 4.75 | -1.66 | -6.68 | 2.92 | 0.0 | 0.0 | 3.44 | 0.0 | 9.9 | 0.01 | 0.0 | 0.0 | 11.66 | 13.53 | 28.13 | 15.1 | 10.06 | 23.37 | 3.1 | 40.27 | 124.64 | 14.76 | 18.27 | 40.84 | 0.01 | -7.14 | -17.19 |
| 20Q4 (5) | 8.69 | 0.46 | -10.04 | 2.18 | -14.51 | -18.66 | 0.37 | 12.12 | 131.25 | 0 | 0 | 0 | 7.32 | 13.66 | 17.68 | 1.12 | -3.45 | 25.84 | 3.48 | -21.44 | 11.18 | 13.99 | -24.92 | 0 | 12.71 | 7.53 | 25.84 | 0 | 0 | 0 | 3.33 | -1.48 | -9.26 | 4.83 | -1.63 | -6.21 | 2.92 | 0.0 | 0.0 | 3.44 | 0.0 | 9.9 | 0.01 | 0.0 | 0.0 | 10.27 | 12.49 | 21.97 | 13.72 | 9.06 | 18.69 | 2.21 | 46.36 | -22.18 | 12.48 | 17.29 | 10.83 | 0.01 | -3.31 | -10.94 |
| 20Q3 (4) | 8.65 | -16.83 | 0.0 | 2.55 | 22.01 | 0.0 | 0.33 | -2.94 | 0.0 | 0 | 0 | 0.0 | 6.44 | 4.38 | 0.0 | 1.16 | 14.85 | 0.0 | 4.43 | 5.98 | 0.0 | 18.64 | 0 | 0.0 | 11.82 | -4.06 | 0.0 | 0 | 0 | 0.0 | 3.38 | 1.5 | 0.0 | 4.91 | -1.8 | 0.0 | 2.92 | 0.0 | 0.0 | 3.44 | 0.0 | 0.0 | 0.01 | 0.0 | 0.0 | 9.13 | 22.39 | 0.0 | 12.58 | 15.31 | 0.0 | 1.51 | -46.45 | 0.0 | 10.64 | 3.5 | 0.0 | 0.01 | -1.53 | 0.0 |
