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) | 5.81 | 78.77 | 2.25 | 174.39 | 0.38 | 3700.0 | 0 | 0 | 11.22 | -8.63 | 1.01 | -51.9 | 2.0 | -33.33 | 17.83 | -27.04 | 1.54 | 29.41 | 0 | 0 | 1.17 | -36.76 | 0.41 | 0.0 | 6.08 | 13.01 | 0.03 | 0 | 0.12 | 0.0 | 1.01 | 260.71 | 1.16 | 190.0 | 2.44 | 2.09 | 3.45 | 29.21 | 0.05 | -4.28 |
| 2022 (9) | 3.25 | 550.0 | 0.82 | 10.81 | 0.01 | -95.0 | 0 | 0 | 12.28 | 26.73 | 2.1 | 556.25 | 3.0 | 27.66 | 24.43 | 0.73 | 1.19 | -26.99 | 3.67 | -0.27 | 1.85 | 76.19 | 0.41 | 105.0 | 5.38 | 22.83 | 0 | 0 | 0.12 | 0.0 | 0.28 | 0 | 0.4 | 0 | 2.39 | 1.7 | 2.67 | 0 | 0.05 | 0 |
| 2021 (8) | 0.5 | -7.41 | 0.74 | -33.33 | 0.2 | 900.0 | 0 | 0 | 9.69 | 34.58 | 0.32 | 0 | 2.35 | 64.34 | 24.25 | 22.11 | 1.63 | 94.05 | 3.68 | 0 | 1.05 | 1650.0 | 0.2 | 0.0 | 4.38 | 0.0 | 0.32 | 0.0 | 0.12 | 0.0 | -2.81 | 0 | -2.37 | 0 | 2.35 | 0 | -0.46 | 0 | -0.02 | 0 |
| 2020 (7) | 0.54 | -10.0 | 1.11 | 81.97 | 0.02 | -33.33 | 0 | 0 | 7.2 | -10.78 | -0.17 | 0 | 1.43 | -12.8 | 19.86 | -2.27 | 0.84 | 12.0 | 0 | 0 | 0.06 | 0 | 0.2 | 566.67 | 4.38 | 0.0 | 0.32 | 0.0 | 0.12 | 0.0 | -3.14 | 0 | -2.7 | 0 | -0.27 | 0 | -3.41 | 0 | -0.05 | 0 |
| 2019 (6) | 0.6 | 15.38 | 0.61 | -33.7 | 0.03 | -81.25 | 0 | 0 | 8.07 | -0.25 | 0.06 | 0 | 1.64 | -8.38 | 20.32 | -8.15 | 0.75 | -29.91 | 0.01 | 0 | 0 | 0 | 0.03 | -25.0 | 4.38 | 19.02 | 0.32 | 0.0 | 0.12 | 0.0 | -2.98 | 0 | -2.54 | 0 | -0.28 | 0 | -3.26 | 0 | -0.04 | 0 |
| 2018 (5) | 0.52 | -42.86 | 0.92 | -3.16 | 0.16 | 220.0 | 0 | 0 | 8.09 | -11.39 | -0.82 | 0 | 1.79 | -13.11 | 22.13 | -1.94 | 1.07 | 22.99 | 0 | 0 | 0.33 | -29.79 | 0.04 | 300.0 | 3.68 | -3.92 | 0.32 | 0.0 | 0.12 | 0.0 | -3.05 | 0 | -2.61 | 0 | -0.18 | 0 | -3.23 | 0 | -0.04 | 0 |
| 2017 (4) | 0.91 | -24.79 | 0.95 | 66.67 | 0.05 | -16.67 | 0 | 0 | 9.13 | -17.15 | -1.18 | 0 | 2.06 | -14.88 | 22.56 | 2.75 | 0.87 | 3.57 | 0.01 | 0 | 0.47 | 56.67 | 0.01 | -75.0 | 3.83 | 0.0 | 0.32 | 0.0 | 0.12 | 0.0 | -2.87 | 0 | -2.43 | 0 | -0.1 | 0 | -2.97 | 0 | -0.03 | 0 |
| 2016 (3) | 1.21 | -9.02 | 0.57 | -27.85 | 0.06 | 100.0 | 0 | 0 | 11.02 | 9.87 | 0.1 | 0 | 2.42 | -11.03 | 21.96 | -19.02 | 0.84 | -8.7 | 0 | 0 | 0.3 | -3.23 | 0.04 | -20.0 | 3.83 | 0.0 | 0.32 | 0.0 | 0.12 | 0.0 | -1.69 | 0 | -1.25 | 0 | -0.16 | 0 | -1.85 | 0 | 0.00 | 0 |
| 2015 (2) | 1.33 | 6.4 | 0.79 | 163.33 | 0.03 | 0.0 | 0 | 0 | 10.03 | -12.48 | -0.73 | 0 | 2.72 | -0.37 | 27.12 | 13.84 | 0.92 | -8.91 | 0 | 0 | 0.31 | -8.82 | 0.05 | 400.0 | 3.83 | 0.0 | 0.32 | 0.0 | 0.12 | 0.0 | -1.77 | 0 | -1.34 | 0 | 0.06 | -60.0 | -1.71 | 0 | 0.00 | 0 |
| 2014 (1) | 1.25 | -23.31 | 0.3 | -28.57 | 0.03 | 0.0 | 0 | 0 | 11.46 | 7.61 | -0.42 | 0 | 2.73 | 4.2 | 23.82 | -3.17 | 1.01 | -22.31 | 0 | 0 | 0.34 | -8.11 | 0.01 | 0 | 3.83 | 0.0 | 0.32 | 0.0 | 0.12 | 0.0 | -1.04 | 0 | -0.6 | 0 | 0.15 | 87.5 | -0.89 | 0 | 0.00 | 8.01 |
| 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) | 6.61 | -3.5 | 34.62 | 3.2 | 30.61 | 236.84 | 0.26 | 73.33 | 85.71 | 0 | 0 | 0 | 3.77 | -17.69 | 63.91 | 0.02 | -93.33 | -92.31 | 3.54 | -16.11 | 36.15 | 26.36 | -25.3 | 28.65 | 2.42 | -4.35 | 137.25 | 0 | 0 | -100.0 | 5.79 | 2.3 | 614.81 | 0.41 | 0.0 | -2.38 | 6.09 | 0.16 | 0.16 | 0.13 | 0.0 | 333.33 | 0.12 | 0.0 | 0.0 | 0.71 | 2.9 | -44.53 | 0.96 | 2.13 | -32.87 | 2.59 | -2.26 | 1.97 | 3.3 | -1.2 | -13.61 | 0.06 | -3.98 | 155.42 |
| 24Q2 (19) | 6.85 | -23.55 | 27.09 | 2.45 | 33.15 | 271.21 | 0.15 | -25.0 | 275.0 | 0 | 0 | 0 | 4.58 | 44.03 | 33.53 | 0.3 | 900.0 | -44.44 | 4.22 | 44.52 | 31.46 | 35.28 | 30.62 | 48.17 | 2.53 | 29.74 | 145.63 | 0 | 0 | -100.0 | 5.66 | -1.57 | 1186.36 | 0.41 | 0.0 | 0.0 | 6.08 | 0.0 | 0.0 | 0.13 | 333.33 | 333.33 | 0.12 | 0.0 | 0.0 | 0.69 | -33.65 | -32.35 | 0.94 | -21.01 | -19.66 | 2.65 | 1.53 | 23.83 | 3.34 | -8.49 | 5.7 | 0.07 | 55.16 | 135.46 |
| 24Q1 (18) | 8.96 | 54.22 | 189.97 | 1.84 | -18.22 | 85.86 | 0.2 | -47.37 | 566.67 | 0 | 0 | 0 | 3.18 | 67.37 | -11.42 | 0.03 | 111.11 | -93.75 | 2.92 | 46.0 | -8.46 | 27.01 | 51.54 | 12.54 | 1.95 | 26.62 | 48.85 | 0 | 0 | -100.0 | 5.75 | 391.45 | 167.44 | 0.41 | 0.0 | -2.38 | 6.08 | 0.0 | 13.01 | 0.03 | 0.0 | 0 | 0.12 | 0.0 | 0.0 | 1.04 | 2.97 | 35.06 | 1.19 | 2.59 | 33.71 | 2.61 | 6.97 | 7.41 | 3.65 | 5.8 | 14.06 | 0.04 | -8.44 | -4.01 |
| 23Q4 (17) | 5.81 | 18.33 | 78.77 | 2.25 | 136.84 | 174.39 | 0.38 | 171.43 | 3700.0 | 0 | 0 | 0 | 1.9 | -17.39 | -43.62 | -0.27 | -203.85 | -151.92 | 2.0 | -23.08 | -33.33 | 17.83 | -13.0 | -27.04 | 1.54 | 50.98 | 29.41 | 0 | -100.0 | -100.0 | 1.17 | 44.44 | -36.76 | 0.41 | -2.38 | 0.0 | 6.08 | 0.0 | 13.01 | 0.03 | 0.0 | 0 | 0.12 | 0.0 | 0.0 | 1.01 | -21.09 | 260.71 | 1.16 | -18.88 | 190.0 | 2.44 | -3.94 | 2.09 | 3.45 | -9.69 | 29.21 | 0.05 | 87.26 | -4.28 |
| 23Q3 (16) | 4.91 | -8.91 | 171.27 | 0.95 | 43.94 | 216.67 | 0.14 | 250.0 | 366.67 | 0 | 0 | 0 | 2.3 | -32.94 | -25.57 | 0.26 | -51.85 | -73.74 | 2.6 | -19.0 | -4.41 | 20.49 | -13.96 | -13.68 | 1.02 | -0.97 | -8.93 | 3.71 | 3.92 | -0.54 | 0.81 | 84.09 | 8000.0 | 0.42 | 2.44 | 13.51 | 6.08 | 0.0 | 13.01 | 0.03 | 0.0 | 0 | 0.12 | 0.0 | 0.0 | 1.28 | 25.49 | 656.52 | 1.43 | 22.22 | 1400.0 | 2.54 | 18.69 | 0.0 | 3.82 | 20.89 | 65.37 | 0.03 | -11.49 | 92.89 |
| 23Q2 (15) | 5.39 | 74.43 | 241.14 | 0.66 | -33.33 | -19.51 | 0.04 | 33.33 | -82.61 | 0 | 0 | 0 | 3.43 | -4.46 | 5.86 | 0.54 | 12.5 | 20.0 | 3.21 | 0.63 | 6.29 | 23.81 | -0.79 | -12.48 | 1.03 | -21.37 | -30.87 | 3.57 | -2.99 | -3.77 | 0.44 | -79.53 | -52.69 | 0.41 | -2.38 | 105.0 | 6.08 | 13.01 | 12.18 | 0.03 | 0 | 0 | 0.12 | 0.0 | 0.0 | 1.02 | 32.47 | 182.93 | 1.17 | 31.46 | 205.41 | 2.14 | -11.93 | -13.36 | 3.16 | -1.25 | 154.84 | 0.03 | -36.75 | 1851.36 |
| 23Q1 (14) | 3.09 | -4.92 | 1717.65 | 0.99 | 20.73 | 25.32 | 0.03 | 200.0 | -86.96 | 0 | 0 | 0 | 3.59 | 6.53 | 39.15 | 0.48 | -7.69 | 242.86 | 3.19 | 6.33 | 18.59 | 24.00 | -1.75 | -8.09 | 1.31 | 10.08 | -14.94 | 3.68 | 0.27 | -3.16 | 2.15 | 16.22 | 119.39 | 0.42 | 2.44 | 110.0 | 5.38 | 0.0 | 22.83 | 0 | 0 | -100.0 | 0.12 | 0.0 | 0.0 | 0.77 | 175.0 | 127.5 | 0.89 | 122.5 | 137.71 | 2.43 | 1.67 | -5.08 | 3.2 | 19.85 | 1433.33 | 0.05 | -8.7 | 0 |
| 22Q4 (13) | 3.25 | 79.56 | 550.0 | 0.82 | 173.33 | 10.81 | 0.01 | -66.67 | -95.0 | 0 | 0 | 0 | 3.37 | 9.06 | 32.16 | 0.52 | -47.47 | 5100.0 | 3.0 | 10.29 | 27.66 | 24.43 | 2.93 | 0.63 | 1.19 | 6.25 | -26.99 | 3.67 | -1.61 | -0.27 | 1.85 | 18400.0 | 76.19 | 0.41 | 10.81 | 105.0 | 5.38 | 0.0 | 22.83 | 0 | 0 | -100.0 | 0.12 | 0.0 | 0.0 | 0.28 | 221.74 | 109.96 | 0.4 | 463.64 | 116.88 | 2.39 | -5.91 | 1.7 | 2.67 | 15.58 | 680.43 | 0.05 | 277.37 | 327.46 |
| 22Q3 (12) | 1.81 | 14.56 | 905.56 | 0.3 | -63.41 | -57.75 | 0.03 | -86.96 | -66.67 | 0 | 0 | 0 | 3.09 | -4.63 | 13.19 | 0.99 | 120.0 | 371.43 | 2.72 | -9.93 | 4.21 | 23.73 | -12.76 | -21.25 | 1.12 | -24.83 | -31.29 | 3.73 | 0.54 | 1.08 | 0.01 | -98.92 | -99.0 | 0.37 | 85.0 | 85.0 | 5.38 | -0.74 | 22.83 | 0 | 0 | -100.0 | 0.12 | 0.0 | 0.0 | -0.23 | 81.3 | 91.87 | -0.11 | 90.09 | 95.4 | 2.54 | 2.83 | 10.92 | 2.31 | 86.29 | 527.78 | 0.01 | 795.4 | 159.2 |
| 22Q2 (11) | 1.58 | 829.41 | 364.71 | 0.82 | 3.8 | 82.22 | 0.23 | 0.0 | 187.5 | 0 | 0 | 0 | 3.24 | 25.58 | 32.79 | 0.45 | 221.43 | 350.0 | 3.02 | 12.27 | 25.31 | 27.21 | 4.18 | -9.35 | 1.49 | -3.25 | -14.37 | 3.71 | -2.37 | 0.0 | 0.93 | -5.1 | -2.11 | 0.2 | 0.0 | 0.0 | 5.42 | 23.74 | 23.74 | 0 | -100.0 | -100.0 | 0.12 | 0.0 | 0.0 | -1.23 | 56.07 | 59.54 | -1.11 | 52.97 | 57.31 | 2.47 | -3.52 | 7.39 | 1.24 | 616.67 | 267.57 | 0.00 | 0 | 106.36 |
| 22Q1 (10) | 0.17 | -66.0 | -46.88 | 0.79 | 6.76 | -38.28 | 0.23 | 15.0 | 666.67 | 0 | 0 | 0 | 2.58 | 1.18 | 31.63 | 0.14 | 1300.0 | 0 | 2.69 | 14.47 | 36.55 | 26.12 | 7.58 | 3.14 | 1.54 | -5.52 | 14.93 | 3.8 | 3.26 | 0 | 0.98 | -6.67 | 1125.0 | 0.2 | 0.0 | 5.26 | 4.38 | 0.0 | 0.0 | 0.32 | 0.0 | 0.0 | 0.12 | 0.0 | 0.0 | -2.8 | 0.36 | 10.83 | -2.36 | 0.42 | 12.59 | 2.56 | 8.94 | 1048.15 | -0.24 | 47.83 | 92.96 | 0.00 | 100.0 | 100.0 |
| 21Q4 (9) | 0.5 | 177.78 | -7.41 | 0.74 | 4.23 | -33.33 | 0.2 | 122.22 | 900.0 | 0 | 0 | 0 | 2.55 | -6.59 | 66.67 | 0.01 | -95.24 | 107.69 | 2.35 | -9.96 | 64.34 | 24.28 | -19.45 | 22.4 | 1.63 | 0.0 | 94.05 | 3.68 | -0.27 | 0 | 1.05 | 5.0 | 1650.0 | 0.2 | 0.0 | 0.0 | 4.38 | 0.0 | 0.0 | 0.32 | 0.0 | 0.0 | 0.12 | 0.0 | 0.0 | -2.81 | 0.71 | 10.51 | -2.37 | 0.84 | 12.22 | 2.35 | 2.62 | 970.37 | -0.46 | 14.81 | 86.51 | -0.02 | 1.78 | 54.04 |
| 21Q3 (8) | 0.18 | -47.06 | -79.78 | 0.71 | 57.78 | -36.04 | 0.09 | 12.5 | 800.0 | 0 | 0 | 0 | 2.73 | 11.89 | 30.0 | 0.21 | 110.0 | 333.33 | 2.61 | 8.3 | 33.85 | 30.14 | 0.42 | 14.84 | 1.63 | -6.32 | 126.39 | 3.69 | -0.54 | 0 | 1.0 | 5.26 | 1328.57 | 0.2 | 0.0 | 900.0 | 4.38 | 0.0 | 0.0 | 0.32 | 0.0 | 0.0 | 0.12 | 0.0 | 0.0 | -2.83 | 6.91 | 6.29 | -2.39 | 8.08 | 7.72 | 2.29 | -0.43 | 863.33 | -0.54 | 27.03 | 83.73 | -0.02 | 3.83 | 55.85 |
| 21Q2 (7) | 0.34 | 6.25 | 13.33 | 0.45 | -64.84 | -59.46 | 0.08 | 166.67 | 0 | 0 | 0 | 0 | 2.44 | 24.49 | 11.42 | 0.1 | 0 | -23.08 | 2.41 | 22.34 | 8.07 | 30.01 | 18.53 | 0 | 1.74 | 29.85 | 95.51 | 3.71 | 0 | 0 | 0.95 | 1087.5 | 0 | 0.2 | 5.26 | 900.0 | 4.38 | 0.0 | 0.0 | 0.32 | 0.0 | 0.0 | 0.12 | 0.0 | 0.0 | -3.04 | 3.18 | -3.75 | -2.6 | 3.7 | -4.42 | 2.3 | 951.85 | 776.47 | -0.74 | 78.3 | 77.37 | -0.02 | 55.97 | 48.11 |
| 21Q1 (6) | 0.32 | -40.74 | -25.58 | 1.28 | 15.32 | 40.66 | 0.03 | 50.0 | 200.0 | 0 | 0 | 0 | 1.96 | 28.1 | 41.01 | 0 | 100.0 | 100.0 | 1.97 | 37.76 | 28.76 | 25.32 | 27.67 | 0 | 1.34 | 59.52 | 36.73 | 0 | 0 | 0 | 0.08 | 33.33 | 0 | 0.19 | -5.0 | 850.0 | 4.38 | 0.0 | 0.0 | 0.32 | 0.0 | 0.0 | 0.12 | 0.0 | 0.0 | -3.14 | 0.0 | -2.61 | -2.7 | 0.0 | -3.05 | -0.27 | 0.0 | 6.9 | -3.41 | 0.0 | -1.79 | -0.05 | -10.52 | -13.67 |
| 20Q4 (5) | 0.54 | -39.33 | -10.0 | 1.11 | 0.0 | 81.97 | 0.02 | 100.0 | -33.33 | 0 | 0 | 0 | 1.53 | -27.14 | -12.57 | -0.13 | -44.44 | -160.0 | 1.43 | -26.67 | -12.8 | 19.83 | -24.43 | 0 | 0.84 | 16.67 | 12.0 | 0 | 0 | -100.0 | 0.06 | -14.29 | 0 | 0.2 | 900.0 | 566.67 | 4.38 | 0.0 | 0.0 | 0.32 | 0.0 | 0.0 | 0.12 | 0.0 | 0.0 | -3.14 | -3.97 | -5.37 | -2.7 | -4.25 | -6.3 | -0.27 | 10.0 | 3.57 | -3.41 | -2.71 | -4.6 | -0.05 | 5.64 | -34.48 |
| 20Q3 (4) | 0.89 | 196.67 | 0.0 | 1.11 | 0.0 | 0.0 | 0.01 | 0 | 0.0 | 0 | 0 | 0.0 | 2.1 | -4.11 | 0.0 | -0.09 | -169.23 | 0.0 | 1.95 | -12.56 | 0.0 | 26.24 | 0 | 0.0 | 0.72 | -19.1 | 0.0 | 0 | 0 | 0.0 | 0.07 | 0 | 0.0 | 0.02 | 0.0 | 0.0 | 4.38 | 0.0 | 0.0 | 0.32 | 0.0 | 0.0 | 0.12 | 0.0 | 0.0 | -3.02 | -3.07 | 0.0 | -2.59 | -4.02 | 0.0 | -0.3 | 11.76 | 0.0 | -3.32 | -1.53 | 0.0 | -0.05 | -13.01 | 0.0 |
