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) | 11.25 | 55.82 | 1.51 | -3.21 | 0 | 0 | 0 | 0 | 35.53 | -14.32 | 2.84 | 33.96 | 9.98 | -13.82 | 28.09 | 0.59 | 2.67 | -21.24 | 0.7 | -17.65 | 0 | 0 | 0.03 | 50.0 | 5.89 | 0.0 | 1.57 | 16.3 | 0.2 | -44.44 | 5.1 | 43.26 | 6.87 | 30.11 | -0.36 | 0 | 4.74 | 41.07 | 0.00 | 0 |
| 2022 (9) | 7.22 | 54.6 | 1.56 | -46.21 | 0 | 0 | 0 | 0 | 41.47 | -2.72 | 2.12 | 61.83 | 11.58 | -12.14 | 27.92 | -9.68 | 3.39 | -19.86 | 0.85 | 7.59 | 0 | 0 | 0.02 | -33.33 | 5.89 | 0.0 | 1.35 | 10.66 | 0.36 | -18.18 | 3.56 | 40.71 | 5.28 | 25.71 | -0.2 | 0 | 3.36 | 54.84 | 0.00 | 0 |
| 2021 (8) | 4.67 | 67.38 | 2.9 | 158.93 | 0.07 | 0 | 0 | 0 | 42.63 | 25.75 | 1.31 | -16.03 | 13.18 | 3.86 | 30.92 | -17.41 | 4.23 | 6.28 | 0.79 | -13.19 | 0.12 | 0 | 0.03 | 0.0 | 5.89 | 9.28 | 1.22 | 14.02 | 0.44 | -20.0 | 2.53 | 7.66 | 4.2 | 6.06 | -0.36 | 0 | 2.17 | 13.61 | 0.00 | 0 |
| 2020 (7) | 2.79 | 11.16 | 1.12 | 0 | 0 | 0 | 0 | 0 | 33.9 | 1.01 | 1.56 | -8.24 | 12.69 | 38.54 | 37.43 | 37.15 | 3.98 | 18.81 | 0.91 | -5.21 | 0 | 0 | 0.03 | -25.0 | 5.39 | 0.0 | 1.07 | 18.89 | 0.55 | 89.66 | 2.35 | 1.73 | 3.96 | 13.14 | -0.44 | 0 | 1.91 | 8.52 | 0.00 | 0 |
| 2019 (6) | 2.51 | -43.21 | 0 | 0 | 0 | 0 | 0 | 0 | 33.56 | 16.97 | 1.7 | 46.55 | 9.16 | 22.13 | 27.29 | 4.41 | 3.35 | -6.94 | 0.96 | 0 | 0 | 0 | 0.04 | 300.0 | 5.39 | 1.89 | 0.9 | 15.38 | 0.29 | 61.11 | 2.31 | 29.78 | 3.5 | 27.27 | -0.55 | 0 | 1.76 | 18.12 | 0.00 | 0 |
| 2018 (5) | 4.42 | 42.12 | 0 | 0 | 0 | 0 | 0 | 0 | 28.69 | 21.26 | 1.16 | 61.11 | 7.5 | 6.69 | 26.14 | -12.02 | 3.6 | 81.82 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 5.29 | 2.12 | 0.78 | 9.86 | 0.18 | 63.64 | 1.78 | 29.93 | 2.75 | 25.57 | -0.29 | 0 | 1.49 | 25.21 | 0.00 | 0 |
| 2017 (4) | 3.11 | 180.18 | 0 | 0 | 0 | 0 | 0 | 0 | 23.66 | 21.27 | 0.72 | 22.03 | 7.03 | 11.06 | 29.71 | -8.42 | 1.98 | 0.51 | 0 | 0 | 0 | 0 | 0.01 | 0.0 | 5.18 | 15.37 | 0.71 | 9.23 | 0.11 | 0.0 | 1.37 | 17.09 | 2.19 | 14.06 | -0.18 | 0 | 1.19 | -1.65 | 0.00 | 0 |
| 2016 (3) | 1.11 | -57.31 | 0.28 | 0 | 0.04 | 0 | 0 | 0 | 19.51 | 25.63 | 0.59 | -33.71 | 6.33 | 71.54 | 32.44 | 36.55 | 1.97 | 32.21 | 0 | 0 | 0.11 | 10.0 | 0.01 | -66.67 | 4.49 | 2.98 | 0.65 | 16.07 | 0.11 | 0.0 | 1.17 | -12.69 | 1.92 | -4.48 | 0.04 | -89.19 | 1.21 | -29.24 | 0.00 | 0 |
| 2015 (2) | 2.6 | -39.39 | 0 | 0 | 0 | 0 | 0 | 0 | 15.53 | 13.36 | 0.89 | 36.92 | 3.69 | 1.1 | 23.76 | -10.82 | 1.49 | 43.27 | 0 | 0 | 0.1 | 0 | 0.03 | 200.0 | 4.36 | 5.06 | 0.56 | 12.0 | 0.11 | 0.0 | 1.34 | 41.05 | 2.01 | 29.68 | 0.37 | 12.12 | 1.71 | 33.59 | 0.00 | 0 |
| 2014 (1) | 4.29 | 34.06 | 0 | 0 | 0 | 0 | 0 | 0 | 13.7 | 28.76 | 0.65 | 225.0 | 3.65 | 48.98 | 26.64 | 15.7 | 1.04 | 38.67 | 0.06 | -25.0 | 0 | 0 | 0.01 | -50.0 | 4.15 | -0.24 | 0.5 | 4.17 | 0.11 | 0.0 | 0.95 | 69.64 | 1.55 | 34.78 | 0.33 | 83.33 | 1.28 | 72.97 | 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) | 11.41 | -13.82 | 10.14 | 0.57 | -63.46 | -63.23 | 0.17 | 0 | 0 | 0 | 0 | 0 | 10.16 | -2.68 | 5.72 | 0.39 | -60.2 | -54.65 | 11.95 | -4.09 | 8.64 | 32.65 | -5.53 | 8.81 | 3.74 | 7.47 | 39.03 | 0 | 0 | -100.0 | 0.17 | 0 | 0 | 0.04 | 33.33 | 33.33 | 5.89 | 0.0 | 0.0 | 1.86 | 0.0 | 18.47 | 0.36 | 0.0 | 80.0 | 5.28 | 7.98 | 7.98 | 7.49 | 5.49 | 12.46 | 0.13 | 62.5 | 218.18 | 5.41 | 8.85 | 13.18 | 0.10 | -12.24 | 0 |
| 24Q2 (19) | 13.24 | 7.21 | 24.2 | 1.56 | 0.65 | 4.0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.44 | 30.34 | 7.08 | 0.98 | 38.03 | -18.33 | 12.46 | 20.15 | 16.01 | 34.56 | 17.85 | 22.19 | 3.48 | -5.18 | 42.04 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.03 | 0.0 | 0.0 | 5.89 | 0.0 | 0.0 | 1.86 | 18.47 | 18.47 | 0.36 | 80.0 | 80.0 | 4.89 | -16.12 | 21.64 | 7.1 | -6.46 | 22.63 | 0.08 | 366.67 | 112.31 | 4.97 | -14.31 | 47.48 | 0.12 | 6.55 | 0 |
| 24Q1 (18) | 12.35 | 9.78 | 33.37 | 1.55 | 2.65 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.01 | 0.25 | -2.08 | 0.71 | 238.1 | 24.56 | 10.37 | 3.91 | 8.59 | 29.33 | 4.41 | 22.1 | 3.67 | 37.45 | 28.32 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0.03 | 0.0 | -25.0 | 5.89 | 0.0 | 0.0 | 1.57 | 0.0 | 16.3 | 0.2 | 0.0 | -44.44 | 5.83 | 14.31 | 39.81 | 7.59 | 10.48 | 29.08 | -0.03 | 91.67 | 91.67 | 5.8 | 22.36 | 52.23 | 0.11 | 0 | 0 |
| 23Q4 (17) | 11.25 | 8.59 | 55.82 | 1.51 | -2.58 | -3.21 | 0 | 0 | 0 | 0 | 0 | 0 | 7.99 | -16.86 | -12.39 | 0.21 | -75.58 | 31.25 | 9.98 | -9.27 | -13.82 | 28.09 | -6.39 | 0.59 | 2.67 | -0.74 | -21.24 | 0.7 | -2.78 | -17.65 | 0 | 0 | 0 | 0.03 | 0.0 | 50.0 | 5.89 | 0.0 | 0.0 | 1.57 | 0.0 | 16.3 | 0.2 | 0.0 | -44.44 | 5.1 | 4.29 | 43.26 | 6.87 | 3.15 | 30.11 | -0.36 | -227.27 | -80.0 | 4.74 | -0.84 | 41.07 | 0.00 | 0 | 0 |
| 23Q3 (16) | 10.36 | -2.81 | 71.24 | 1.55 | 3.33 | -7.19 | 0 | 0 | -100.0 | 0 | 0 | 0 | 9.61 | -1.44 | -12.0 | 0.86 | -28.33 | 1.18 | 11.0 | 2.42 | -17.6 | 30.01 | 6.08 | -3.06 | 2.69 | 9.8 | -20.18 | 0.72 | -35.14 | -15.29 | 0 | 0 | -100.0 | 0.03 | 0.0 | 50.0 | 5.89 | 0.0 | 0.0 | 1.57 | 0.0 | 16.3 | 0.2 | 0.0 | -44.44 | 4.89 | 21.64 | 44.67 | 6.66 | 15.03 | 30.59 | -0.11 | 83.08 | -120.0 | 4.78 | 41.84 | 43.54 | 0.00 | 0 | 0 |
| 23Q2 (15) | 10.66 | 15.12 | 52.29 | 1.5 | -3.23 | -33.04 | 0 | 0 | -100.0 | 0 | 0 | 0 | 9.75 | 19.19 | -15.51 | 1.2 | 110.53 | 69.01 | 10.74 | 12.46 | -17.83 | 28.29 | 17.76 | -5.84 | 2.45 | -14.34 | -33.6 | 1.11 | 24.72 | 37.04 | 0 | 0 | -100.0 | 0.03 | -25.0 | 50.0 | 5.89 | 0.0 | 0.0 | 1.57 | 16.3 | 16.3 | 0.2 | -44.44 | -44.44 | 4.02 | -3.6 | 58.89 | 5.79 | -1.53 | 36.24 | -0.65 | -80.56 | -195.45 | 3.37 | -11.55 | 45.89 | 0.00 | 0 | 0 |
| 23Q1 (14) | 9.26 | 28.25 | 58.29 | 1.55 | -0.64 | -39.45 | 0 | 0 | -100.0 | 0 | 0 | 0 | 8.18 | -10.31 | -17.29 | 0.57 | 256.25 | 42.5 | 9.55 | -17.53 | -18.45 | 24.02 | -13.98 | -11.35 | 2.86 | -15.63 | -31.08 | 0.89 | 4.71 | 12.66 | 0 | 0 | -100.0 | 0.04 | 100.0 | 33.33 | 5.89 | 0.0 | 0.0 | 1.35 | 0.0 | 10.66 | 0.36 | 0.0 | -18.18 | 4.17 | 17.13 | 42.32 | 5.88 | 11.36 | 27.83 | -0.36 | -80.0 | -350.0 | 3.81 | 13.39 | 33.68 | 0.00 | 0 | 0 |
| 22Q4 (13) | 7.22 | 19.34 | 54.6 | 1.56 | -6.59 | -46.21 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 9.12 | -16.48 | -15.4 | 0.16 | -81.18 | 45.45 | 11.58 | -13.26 | -12.14 | 27.92 | -9.79 | -9.68 | 3.39 | 0.59 | -19.86 | 0.85 | 0.0 | 7.59 | 0 | -100.0 | -100.0 | 0.02 | 0.0 | -33.33 | 5.89 | 0.0 | 0.0 | 1.35 | 0.0 | 10.66 | 0.36 | 0.0 | -18.18 | 3.56 | 5.33 | 40.71 | 5.28 | 3.53 | 25.71 | -0.2 | -300.0 | 44.44 | 3.36 | 0.9 | 54.84 | 0.00 | 0 | 0 |
| 22Q3 (12) | 6.05 | -13.57 | 24.23 | 1.67 | -25.45 | -59.17 | 0.07 | 0.0 | 0.0 | 0 | 0 | 0 | 10.92 | -5.37 | -3.36 | 0.85 | 19.72 | 80.85 | 13.35 | 2.14 | 3.89 | 30.95 | 3.04 | 4.28 | 3.37 | -8.67 | -24.1 | 0.85 | 4.94 | -1.16 | 0.07 | -12.5 | -46.15 | 0.02 | 0.0 | -50.0 | 5.89 | 0.0 | 9.28 | 1.35 | 0.0 | 10.66 | 0.36 | 0.0 | -18.18 | 3.38 | 33.6 | 39.09 | 5.1 | 20.0 | 24.69 | -0.05 | 77.27 | 89.58 | 3.33 | 44.16 | 70.77 | 0.00 | 0 | 0 |
| 22Q2 (11) | 7.0 | 19.66 | 51.19 | 2.24 | -12.5 | -26.07 | 0.07 | 0.0 | 0 | 0 | 0 | 0 | 11.54 | 16.68 | 2.58 | 0.71 | 77.5 | 65.12 | 13.07 | 11.61 | 7.48 | 30.04 | 10.87 | 4.2 | 3.69 | -11.08 | -18.36 | 0.81 | 2.53 | -7.95 | 0.08 | -20.0 | 0 | 0.02 | -33.33 | 0.0 | 5.89 | 0.0 | 9.28 | 1.35 | 10.66 | 26.17 | 0.36 | -18.18 | -34.55 | 2.53 | -13.65 | -17.86 | 4.25 | -7.61 | -9.57 | -0.22 | -175.0 | 60.71 | 2.31 | -18.95 | -8.33 | 0.00 | 0 | 0 |
| 22Q1 (10) | 5.85 | 25.27 | 77.27 | 2.56 | -11.72 | 3.23 | 0.07 | 0.0 | 0 | 0 | 0 | 0 | 9.89 | -8.26 | 6.34 | 0.4 | 263.64 | 33.33 | 11.71 | -11.15 | 3.17 | 27.09 | -12.37 | -10.58 | 4.15 | -1.89 | -2.35 | 0.79 | 0.0 | -13.19 | 0.1 | -16.67 | 0 | 0.03 | 0.0 | 0.0 | 5.89 | 0.0 | 9.28 | 1.22 | 0.0 | 14.02 | 0.44 | 0.0 | -20.0 | 2.93 | 15.81 | 10.57 | 4.6 | 9.52 | 7.73 | -0.08 | 77.78 | 78.38 | 2.85 | 31.34 | 25.0 | 0.00 | 0 | 0 |
| 21Q4 (9) | 4.67 | -4.11 | 67.38 | 2.9 | -29.1 | 158.93 | 0.07 | 0.0 | 0 | 0 | 0 | 0 | 10.78 | -4.6 | -5.77 | 0.11 | -76.6 | -45.0 | 13.18 | 2.57 | 3.86 | 30.92 | 4.16 | -17.38 | 4.23 | -4.73 | 6.28 | 0.79 | -8.14 | -13.19 | 0.12 | -7.69 | 0 | 0.03 | -25.0 | 0.0 | 5.89 | 9.28 | 9.28 | 1.22 | 0.0 | 14.02 | 0.44 | 0.0 | -20.0 | 2.53 | 4.12 | 7.66 | 4.2 | 2.69 | 6.06 | -0.36 | 25.0 | 18.18 | 2.17 | 11.28 | 13.61 | 0.00 | 0 | 0 |
| 21Q3 (8) | 4.87 | 5.18 | 55.59 | 4.09 | 34.98 | 1945.0 | 0.07 | 0 | 0 | 0 | 0 | 0 | 11.3 | 0.44 | 10.89 | 0.47 | 9.3 | -26.56 | 12.85 | 5.67 | 27.73 | 29.68 | 2.96 | -8.29 | 4.44 | -1.77 | 27.95 | 0.86 | -2.27 | -4.44 | 0.13 | 0 | 0 | 0.04 | 100.0 | 100.0 | 5.39 | 0.0 | 0.0 | 1.22 | 14.02 | 14.02 | 0.44 | -20.0 | -20.0 | 2.43 | -21.1 | 11.98 | 4.09 | -12.98 | 8.2 | -0.48 | 14.29 | 5.88 | 1.95 | -22.62 | 17.47 | 0.00 | 0 | 0 |
| 21Q2 (7) | 4.63 | 40.3 | 17.81 | 3.03 | 22.18 | 1415.0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.25 | 20.97 | 72.28 | 0.43 | 43.33 | -4.44 | 12.16 | 7.14 | 80.15 | 28.83 | -4.85 | 0 | 4.52 | 6.35 | 50.67 | 0.88 | -3.3 | -6.38 | 0 | 0 | 0 | 0.02 | -33.33 | -50.0 | 5.39 | 0.0 | 0.0 | 1.07 | 0.0 | 0.0 | 0.55 | 0.0 | 0.0 | 3.08 | 16.23 | 101.31 | 4.7 | 10.07 | 49.21 | -0.56 | -51.35 | 23.29 | 2.52 | 10.53 | 215.0 | 0.00 | 0 | 0 |
| 21Q1 (6) | 3.3 | 18.28 | 3.45 | 2.48 | 121.43 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.3 | -18.71 | 61.74 | 0.3 | 50.0 | 7.14 | 11.35 | -10.56 | 85.15 | 30.30 | -19.04 | 0 | 4.25 | 6.78 | 46.55 | 0.91 | 0.0 | -4.21 | 0 | 0 | 0 | 0.03 | 0.0 | 0.0 | 5.39 | 0.0 | 0.0 | 1.07 | 0.0 | 18.89 | 0.55 | 0.0 | 89.66 | 2.65 | 12.77 | 2.32 | 4.27 | 7.83 | 13.26 | -0.37 | 15.91 | 40.32 | 2.28 | 19.37 | 15.74 | 0.00 | 0 | 0 |
| 20Q4 (5) | 2.79 | -10.86 | 11.16 | 1.12 | 460.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.44 | 12.27 | 32.87 | 0.2 | -68.75 | -13.04 | 12.69 | 26.14 | 38.54 | 37.42 | 15.62 | 0 | 3.98 | 14.7 | 18.81 | 0.91 | 1.11 | -5.21 | 0 | 0 | 0 | 0.03 | 50.0 | -25.0 | 5.39 | 0.0 | 0.0 | 1.07 | 0.0 | 18.89 | 0.55 | 0.0 | 89.66 | 2.35 | 8.29 | 1.73 | 3.96 | 4.76 | 13.14 | -0.44 | 13.73 | 20.0 | 1.91 | 15.06 | 8.52 | 0.00 | 0 | 0 |
| 20Q3 (4) | 3.13 | -20.36 | 0.0 | 0.2 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 10.19 | 56.05 | 0.0 | 0.64 | 42.22 | 0.0 | 10.06 | 49.04 | 0.0 | 32.37 | 0 | 0.0 | 3.47 | 15.67 | 0.0 | 0.9 | -4.26 | 0.0 | 0 | 0 | 0.0 | 0.02 | -50.0 | 0.0 | 5.39 | 0.0 | 0.0 | 1.07 | 0.0 | 0.0 | 0.55 | 0.0 | 0.0 | 2.17 | 41.83 | 0.0 | 3.78 | 20.0 | 0.0 | -0.51 | 30.14 | 0.0 | 1.66 | 107.5 | 0.0 | 0.00 | 0 | 0.0 |
