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) | 11.57 | -18.0 | 0.5 | 0 | 0.06 | 0 | 0 | 0 | 17.8 | 3.61 | 2.06 | -35.83 | 5.12 | 45.87 | 28.76 | 40.79 | 2.85 | -12.58 | 0.05 | 0.0 | 5.8 | -0.34 | 0.09 | 12.5 | 4.68 | 0.21 | 1.07 | 42.67 | 0.29 | 0.0 | 5.85 | 1.56 | 7.21 | 6.19 | -0.33 | 0 | 5.52 | -1.43 | 0.00 | 0 |
| 2022 (9) | 14.11 | 111.23 | 0 | 0 | 0 | 0 | 0 | 0 | 17.18 | 19.89 | 3.21 | 16.3 | 3.51 | 3.85 | 20.43 | -13.38 | 3.26 | 3.49 | 0.05 | 0.0 | 5.82 | 206.32 | 0.08 | -11.11 | 4.67 | 0.0 | 0.75 | 59.57 | 0.29 | 0.0 | 5.76 | 36.49 | 6.79 | 36.35 | -0.16 | 0 | 5.6 | 41.41 | 0.00 | 0 |
| 2021 (8) | 6.68 | -0.15 | 0 | 0 | 0 | 0 | 0 | 0 | 14.33 | 27.72 | 2.76 | 155.56 | 3.38 | 10.1 | 23.59 | -13.8 | 3.15 | 72.13 | 0.05 | -16.67 | 1.9 | 0 | 0.09 | 125.0 | 4.67 | 0.0 | 0.47 | 30.56 | 0.29 | 0.0 | 4.22 | 82.68 | 4.98 | 68.24 | -0.26 | 0 | 3.96 | 84.19 | 0.04 | 1.77 |
| 2020 (7) | 6.69 | 99.7 | 0 | 0 | 0 | 0 | 0 | 0 | 11.22 | 21.96 | 1.08 | 80.0 | 3.07 | 24.8 | 27.36 | 2.33 | 1.83 | 45.24 | 0.06 | -50.0 | 0 | 0 | 0.04 | 0.0 | 4.67 | 14.74 | 0.36 | 20.0 | 0.29 | 0.0 | 2.31 | 35.88 | 2.96 | 29.26 | -0.16 | 0 | 2.15 | 45.27 | 0.04 | -32.18 |
| 2019 (6) | 3.35 | 10.93 | 0 | 0 | 0.14 | 250.0 | 0 | 0 | 9.2 | 22.99 | 0.6 | 15.38 | 2.46 | 8.85 | 26.74 | -11.5 | 1.26 | 103.23 | 0.12 | -25.0 | 0.39 | 160.0 | 0.04 | 0.0 | 4.07 | -0.25 | 0.3 | 20.0 | 0.29 | 0.0 | 1.7 | 7.59 | 2.29 | 8.02 | -0.22 | 0 | 1.48 | 10.45 | 0.05 | -11.72 |
| 2018 (5) | 3.02 | 25.83 | 0.02 | 0 | 0.04 | -73.33 | 0 | 0 | 7.48 | -1.71 | 0.52 | 23.81 | 2.26 | -17.22 | 30.21 | -15.78 | 0.62 | 29.17 | 0.16 | -69.23 | 0.15 | 150.0 | 0.04 | 33.33 | 4.08 | 0.0 | 0.25 | 19.05 | 0.29 | 0.0 | 1.58 | 18.8 | 2.12 | 15.85 | -0.24 | 0 | 1.34 | 21.82 | 0.06 | 0 |
| 2017 (4) | 2.4 | 6.67 | 0 | 0 | 0.15 | 25.0 | 0 | 0 | 7.61 | 15.65 | 0.42 | -4.55 | 2.73 | 5.0 | 35.87 | -9.21 | 0.48 | 37.14 | 0.52 | -13.33 | 0.06 | -66.67 | 0.03 | 0.0 | 4.08 | 0.0 | 0.21 | 23.53 | 0.29 | 0.0 | 1.33 | 2.31 | 1.83 | 4.57 | -0.23 | 0 | 1.1 | -5.98 | 0.00 | 0 |
| 2016 (3) | 2.25 | -18.18 | 0.1 | -60.0 | 0.12 | -45.45 | 0 | 0 | 6.58 | -14.32 | 0.44 | -27.87 | 2.6 | 0.39 | 39.51 | 17.17 | 0.35 | 105.88 | 0.6 | -1.64 | 0.18 | -45.45 | 0.03 | 0.0 | 4.08 | 0.0 | 0.17 | 54.55 | 0.29 | 0.0 | 1.3 | 1.56 | 1.75 | 4.79 | -0.13 | 0 | 1.17 | -15.22 | 0.01 | 5.34 |
| 2015 (2) | 2.75 | 21.15 | 0.25 | 25.0 | 0.22 | 37.5 | 0 | 0 | 7.68 | 1.99 | 0.61 | 32.61 | 2.59 | 7.92 | 33.72 | 5.81 | 0.17 | -51.43 | 0.61 | -45.05 | 0.33 | -23.26 | 0.03 | -25.0 | 4.08 | 0.0 | 0.11 | 83.33 | 0.29 | 0.0 | 1.28 | 39.13 | 1.67 | 32.54 | 0.1 | -28.57 | 1.38 | 30.19 | 0.01 | -5.86 |
| 2014 (1) | 2.27 | 24.73 | 0.2 | -69.7 | 0.16 | 220.0 | 0 | 0 | 7.53 | 3.86 | 0.46 | 70.37 | 2.4 | -13.67 | 31.87 | -16.88 | 0.35 | 29.63 | 1.11 | -3.48 | 0.43 | -32.81 | 0.04 | 0.0 | 4.08 | 0.0 | 0.06 | 100.0 | 0.29 | 0.0 | 0.92 | 91.67 | 1.26 | 57.5 | 0.14 | 0 | 1.06 | 125.53 | 0.01 | -25.22 |
| 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) | 11.45 | -10.05 | 8.43 | 1.37 | 104.48 | 174.0 | 4.04 | 0.25 | 13366.67 | 0 | 0 | 0 | 4.71 | 12.41 | 1.51 | 0.52 | 20.93 | -27.78 | 4.57 | 5.06 | -14.26 | 25.83 | 4.64 | -15.18 | 2.07 | -23.62 | -33.44 | 0.05 | 0.0 | 0.0 | 0.82 | -3.53 | -85.91 | 0.3 | -3.23 | 275.0 | 5.03 | 0.0 | 7.48 | 1.28 | 0.0 | 19.63 | 0.29 | 0.0 | 0.0 | 5.45 | 10.55 | -0.18 | 7.02 | 8.0 | 2.93 | 0.19 | 35.71 | 0 | 5.64 | 11.24 | 3.3 | 0.00 | -2.79 | -53.46 |
| 24Q2 (19) | 12.73 | -10.92 | 4.09 | 0.67 | 0.0 | -4.29 | 4.03 | 0.5 | 0 | 0 | 0 | 0 | 4.19 | 14.17 | 9.69 | 0.43 | 168.75 | 0.0 | 4.35 | 2.84 | 22.19 | 24.69 | 0.68 | 21.77 | 2.71 | -1.09 | -20.76 | 0.05 | 0.0 | 0.0 | 0.85 | -1.16 | -85.45 | 0.31 | 181.82 | 342.86 | 5.03 | 0.0 | 7.71 | 1.28 | 19.63 | 19.63 | 0.29 | 0.0 | 0.0 | 4.93 | 4.67 | 4.01 | 6.5 | 7.26 | 6.56 | 0.14 | 55.56 | 255.56 | 5.07 | 5.62 | 9.03 | 0.00 | -26.71 | 0 |
| 24Q1 (18) | 14.29 | 23.51 | 2.58 | 0.67 | 34.0 | 0 | 4.01 | 6583.33 | 0 | 0 | 0 | 0 | 3.67 | -28.32 | -13.03 | 0.16 | -60.0 | -68.63 | 4.23 | -17.38 | 24.78 | 24.52 | -14.75 | 27.82 | 2.74 | -3.86 | -17.47 | 0.05 | 0.0 | 0.0 | 0.86 | -85.17 | -85.25 | 0.11 | 22.22 | 57.14 | 5.03 | 7.48 | 7.71 | 1.07 | 0.0 | 42.67 | 0.29 | 0.0 | 0.0 | 4.71 | -19.49 | 1.73 | 6.06 | -15.95 | 6.88 | 0.09 | 127.27 | 169.23 | 4.8 | -13.04 | 6.67 | 0.00 | -33.72 | 0 |
| 23Q4 (17) | 11.57 | 9.56 | -18.0 | 0.5 | 0.0 | 0 | 0.06 | 100.0 | 0 | 0 | 0 | 0 | 5.12 | 10.34 | 6.22 | 0.4 | -44.44 | -75.46 | 5.12 | -3.94 | 45.87 | 28.76 | -5.56 | 40.79 | 2.85 | -8.36 | -12.58 | 0.05 | 0.0 | 0.0 | 5.8 | -0.34 | -0.34 | 0.09 | 12.5 | 12.5 | 4.68 | 0.0 | 0.21 | 1.07 | 0.0 | 42.67 | 0.29 | 0.0 | 0.0 | 5.85 | 7.14 | 1.56 | 7.21 | 5.72 | 6.19 | -0.33 | 0 | -106.25 | 5.52 | 1.1 | -1.43 | 0.00 | -1.44 | 0 |
| 23Q3 (16) | 10.56 | -13.65 | 5.28 | 0.5 | -28.57 | 0 | 0.03 | 0 | 0 | 0 | 0 | 0 | 4.64 | 21.47 | -1.28 | 0.72 | 67.44 | -20.88 | 5.33 | 49.72 | 33.92 | 30.46 | 50.23 | 23.97 | 3.11 | -9.06 | -22.83 | 0.05 | 0.0 | 0.0 | 5.82 | -0.34 | 0.17 | 0.08 | 14.29 | -11.11 | 4.68 | 0.21 | 0.21 | 1.07 | 0.0 | 42.67 | 0.29 | 0.0 | 0.0 | 5.46 | 15.19 | 32.52 | 6.82 | 11.8 | 32.17 | 0 | 100.0 | 100.0 | 5.46 | 17.42 | 41.45 | 0.00 | 0 | -91.61 |
| 23Q2 (15) | 12.23 | -12.2 | 4.44 | 0.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.82 | -9.48 | -2.8 | 0.43 | -15.69 | 13.16 | 3.56 | 5.01 | -19.09 | 20.27 | 5.67 | -30.7 | 3.42 | 3.01 | -15.35 | 0.05 | 0.0 | 0.0 | 5.84 | 0.17 | 0.69 | 0.07 | 0.0 | -22.22 | 4.67 | 0.0 | 0.0 | 1.07 | 42.67 | 42.67 | 0.29 | 0.0 | 0.0 | 4.74 | 2.38 | 47.66 | 6.1 | 7.58 | 43.53 | -0.09 | 30.77 | 64.0 | 4.65 | 3.33 | 57.09 | 0.00 | 0 | -100.0 |
| 23Q1 (14) | 13.93 | -1.28 | 33.81 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.22 | -12.45 | 13.14 | 0.51 | -68.71 | 75.86 | 3.39 | -3.42 | -20.24 | 19.19 | -6.1 | -32.74 | 3.32 | 1.84 | -9.78 | 0.05 | 0.0 | 0.0 | 5.83 | 0.17 | 0.87 | 0.07 | -12.5 | -22.22 | 4.67 | 0.0 | 0.0 | 0.75 | 0.0 | 59.57 | 0.29 | 0.0 | 0.0 | 4.63 | -19.62 | 48.87 | 5.67 | -16.49 | 46.51 | -0.13 | 18.75 | -18.18 | 4.5 | -19.64 | 50.0 | 0.00 | 0 | -100.0 |
| 22Q4 (13) | 14.11 | 40.68 | 111.23 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.82 | 2.55 | 25.52 | 1.63 | 79.12 | 91.76 | 3.51 | -11.81 | 3.85 | 20.43 | -16.84 | -13.38 | 3.26 | -19.11 | 3.49 | 0.05 | 0.0 | 0.0 | 5.82 | 0.17 | 206.32 | 0.08 | -11.11 | -11.11 | 4.67 | 0.0 | 0.0 | 0.75 | 0.0 | 59.57 | 0.29 | 0.0 | 0.0 | 5.76 | 39.81 | 36.49 | 6.79 | 31.59 | 36.35 | -0.16 | 38.46 | 38.46 | 5.6 | 45.08 | 41.41 | 0.00 | -100.0 | -100.0 |
| 22Q3 (12) | 10.03 | -14.35 | 61.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.7 | 19.59 | 32.77 | 0.91 | 139.47 | -28.91 | 3.98 | -9.55 | 18.1 | 24.57 | -16.02 | -3.11 | 4.03 | -0.25 | 95.63 | 0.05 | 0.0 | -16.67 | 5.81 | 0.17 | 205.79 | 0.09 | 0.0 | -10.0 | 4.67 | 0.0 | 0.0 | 0.75 | 0.0 | 59.57 | 0.29 | 0.0 | 0.0 | 4.12 | 28.35 | 22.26 | 5.16 | 21.41 | 24.94 | -0.26 | -4.0 | -100.0 | 3.86 | 30.41 | 19.14 | 0.04 | -4.28 | -1.79 |
| 22Q2 (11) | 11.71 | 12.49 | 88.57 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.93 | 5.36 | 3.69 | 0.38 | 31.03 | -20.83 | 4.4 | 3.53 | 64.79 | 29.26 | 2.57 | 40.47 | 4.04 | 9.78 | 132.18 | 0.05 | 0.0 | -16.67 | 5.8 | 0.35 | 205.26 | 0.09 | 0.0 | 0.0 | 4.67 | 0.0 | 0.21 | 0.75 | 59.57 | 108.33 | 0.29 | 0.0 | 0.0 | 3.21 | 3.22 | 45.91 | 4.25 | 9.82 | 49.12 | -0.25 | -127.27 | -212.5 | 2.96 | -1.33 | 39.62 | 0.04 | -6.85 | -6.92 |
| 22Q1 (10) | 10.41 | 55.84 | 65.5 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.73 | -2.86 | 18.04 | 0.29 | -65.88 | 93.33 | 4.25 | 25.74 | 41.2 | 28.52 | 20.93 | 14.09 | 3.68 | 16.83 | 93.68 | 0.05 | 0.0 | -16.67 | 5.78 | 204.21 | 0 | 0.09 | 0.0 | 50.0 | 4.67 | 0.0 | 0.0 | 0.47 | 0.0 | 30.56 | 0.29 | 0.0 | 0.0 | 3.11 | -26.3 | 81.87 | 3.87 | -22.29 | 63.98 | -0.11 | 57.69 | 0.0 | 3.0 | -24.24 | 87.5 | 0.04 | 7.69 | -4.58 |
| 21Q4 (9) | 6.68 | 7.4 | -0.15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.84 | 8.47 | 37.14 | 0.85 | -33.59 | 962.5 | 3.38 | 0.3 | 10.1 | 23.59 | -6.98 | -13.8 | 3.15 | 52.91 | 72.13 | 0.05 | -16.67 | -16.67 | 1.9 | 0.0 | 0 | 0.09 | -10.0 | 125.0 | 4.67 | 0.0 | 0.0 | 0.47 | 0.0 | 30.56 | 0.29 | 0.0 | 0.0 | 4.22 | 25.22 | 82.68 | 4.98 | 20.58 | 68.24 | -0.26 | -100.0 | -62.5 | 3.96 | 22.22 | 84.19 | 0.04 | 2.27 | 1.77 |
| 21Q3 (8) | 6.22 | 0.16 | 102.61 | 0 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.54 | -6.6 | 15.31 | 1.28 | 166.67 | 156.0 | 3.37 | 26.22 | 17.01 | 25.36 | 21.75 | -3.59 | 2.06 | 18.39 | 50.36 | 0.06 | 0.0 | 0.0 | 1.9 | 0.0 | 1087.5 | 0.1 | 11.11 | 233.33 | 4.67 | 0.21 | 14.74 | 0.47 | 30.56 | 30.56 | 0.29 | 0.0 | 0.0 | 3.37 | 53.18 | 51.12 | 4.13 | 44.91 | 43.4 | -0.13 | -62.5 | 50.0 | 3.24 | 52.83 | 64.47 | 0.04 | -9.27 | -33.75 |
| 21Q2 (7) | 6.21 | -1.27 | 76.42 | 0 | -100.0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.79 | 19.94 | 25.91 | 0.48 | 220.0 | 20.0 | 2.67 | -11.3 | -2.2 | 20.83 | -16.69 | 0 | 1.74 | -8.42 | 102.33 | 0.06 | 0.0 | 0.0 | 1.9 | 0 | 493.75 | 0.09 | 50.0 | 200.0 | 4.66 | -0.21 | 14.5 | 0.36 | 0.0 | 0.0 | 0.29 | 0.0 | 0.0 | 2.2 | 28.65 | 27.17 | 2.85 | 20.76 | 19.25 | -0.08 | 27.27 | 77.14 | 2.12 | 32.5 | 53.62 | 0.04 | -4.51 | -25.94 |
| 21Q1 (6) | 6.29 | -5.98 | 102.9 | 0.1 | 0 | 0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.16 | 12.86 | 35.04 | 0.15 | 87.5 | 50.0 | 3.01 | -1.95 | 20.88 | 25.00 | -8.63 | 0 | 1.9 | 3.83 | 123.53 | 0.06 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0.06 | 50.0 | 100.0 | 4.67 | 0.0 | 14.74 | 0.36 | 0.0 | 20.0 | 0.29 | 0.0 | 0.0 | 1.71 | -25.97 | -5.0 | 2.36 | -20.27 | -1.26 | -0.11 | 31.25 | 64.52 | 1.6 | -25.58 | 7.38 | 0.04 | 14.86 | -20.0 |
| 20Q4 (5) | 6.69 | 117.92 | 99.7 | 0 | 0 | 0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 2.8 | -8.79 | 10.67 | 0.08 | -84.0 | -52.94 | 3.07 | 6.6 | 24.8 | 27.36 | 4.03 | 0 | 1.83 | 33.58 | 45.24 | 0.06 | 0.0 | -50.0 | 0 | -100.0 | -100.0 | 0.04 | 33.33 | 0.0 | 4.67 | 14.74 | 14.74 | 0.36 | 0.0 | 20.0 | 0.29 | 0.0 | 0.0 | 2.31 | 3.59 | 35.88 | 2.96 | 2.78 | 29.26 | -0.16 | 38.46 | 27.27 | 2.15 | 9.14 | 45.27 | 0.04 | -33.43 | -32.18 |
| 20Q3 (4) | 3.07 | -12.78 | 0.0 | 0 | 0 | 0.0 | 0.08 | -42.86 | 0.0 | 0 | 0 | 0.0 | 3.07 | 1.99 | 0.0 | 0.5 | 25.0 | 0.0 | 2.88 | 5.49 | 0.0 | 26.30 | 0 | 0.0 | 1.37 | 59.3 | 0.0 | 0.06 | 0.0 | 0.0 | 0.16 | -50.0 | 0.0 | 0.03 | 0.0 | 0.0 | 4.07 | 0.0 | 0.0 | 0.36 | 0.0 | 0.0 | 0.29 | 0.0 | 0.0 | 2.23 | 28.9 | 0.0 | 2.88 | 20.5 | 0.0 | -0.26 | 25.71 | 0.0 | 1.97 | 42.75 | 0.0 | 0.06 | 1.43 | 0.0 |
