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) | 4.45 | -31.43 | 34.36 | -6.76 | 1.11 | 217.14 | 0 | 0 | 560.19 | -7.3 | 5.96 | -45.12 | 36.47 | -39.6 | 6.51 | -34.85 | 98.11 | -1.77 | 4.76 | -2.06 | 17.04 | 48.82 | 0.02 | 100.0 | 23.23 | 6.61 | 5.8 | 22.88 | 0 | 0 | 9.6 | -17.67 | 15.41 | -12.84 | 0.69 | 21.05 | 10.29 | -15.86 | 0.04 | -8.16 |
| 2022 (9) | 6.49 | -7.55 | 36.85 | 20.62 | 0.35 | -95.14 | 0 | 0 | 604.28 | 28.2 | 10.86 | 33.74 | 60.38 | 52.55 | 9.99 | 18.99 | 99.88 | 87.53 | 4.86 | 11.72 | 11.45 | 512.3 | 0.01 | -50.0 | 21.79 | 8.68 | 4.72 | 21.03 | 1.31 | 43.96 | 11.66 | 38.81 | 17.68 | 33.84 | 0.57 | 0 | 12.23 | 72.5 | 0.04 | -25.2 |
| 2021 (8) | 7.02 | -0.85 | 30.55 | 42.69 | 7.2 | 14300.0 | 0 | 0 | 471.34 | 12.36 | 8.12 | 76.14 | 39.58 | -26.36 | 8.40 | -34.46 | 53.26 | 28.87 | 4.35 | 353.12 | 1.87 | -75.87 | 0.02 | -33.33 | 20.05 | 5.97 | 3.9 | 13.37 | 0.91 | 225.0 | 8.4 | 62.79 | 13.21 | 48.76 | -1.31 | 0 | 7.09 | 66.82 | 0.05 | -23.28 |
| 2020 (7) | 7.08 | 97.77 | 21.41 | -9.05 | 0.05 | -97.09 | 0 | 0 | 419.49 | 6.01 | 4.61 | 60.07 | 53.75 | 38.21 | 12.81 | 30.38 | 41.33 | -18.45 | 0.96 | -35.57 | 7.75 | -25.7 | 0.03 | -25.0 | 18.92 | 5.23 | 3.44 | 9.21 | 0.28 | 460.0 | 5.16 | 50.88 | 8.88 | 34.14 | -0.91 | 0 | 4.25 | 35.35 | 0.07 | 111.34 |
| 2019 (6) | 3.58 | 4.07 | 23.54 | -50.37 | 1.72 | -52.22 | 0 | 0 | 395.72 | 24.46 | 2.88 | 36.49 | 38.89 | -8.71 | 9.83 | -26.65 | 50.68 | -7.74 | 1.49 | 4.93 | 10.43 | 254.76 | 0.04 | 33.33 | 17.98 | 6.08 | 3.15 | 7.14 | 0.05 | -86.49 | 3.42 | 38.46 | 6.62 | 14.53 | -0.28 | 0 | 3.14 | 29.75 | 0.03 | 1.4 |
| 2018 (5) | 3.44 | 21.99 | 47.43 | 26.35 | 3.6 | 5900.0 | 0 | 0 | 317.95 | 0.48 | 2.11 | -25.44 | 42.6 | 10.19 | 13.40 | 9.66 | 54.93 | -3.9 | 1.42 | 140.68 | 2.94 | -85.67 | 0.03 | -95.89 | 16.95 | 4.95 | 2.94 | 10.53 | 0.37 | 0 | 2.47 | -19.81 | 5.78 | 0.7 | -0.05 | 0 | 2.42 | -10.7 | 0.03 | 1.13 |
| 2017 (4) | 2.82 | -48.63 | 37.54 | -3.87 | 0.06 | 0 | 0 | 0 | 316.42 | 12.73 | 2.83 | 13.2 | 38.66 | -9.78 | 12.22 | -19.96 | 57.16 | 19.53 | 0.59 | 1.72 | 20.52 | 47.63 | 0.73 | 21.67 | 16.15 | 16.61 | 2.66 | 10.37 | 0 | 0 | 3.08 | 14.07 | 5.74 | 12.33 | -0.37 | 0 | 2.71 | -4.58 | 0.03 | -11.49 |
| 2016 (3) | 5.49 | 50.0 | 39.05 | 34.61 | 0 | 0 | 0 | 0 | 280.7 | 15.23 | 2.5 | -37.34 | 42.85 | 11.94 | 15.27 | -2.86 | 47.82 | 147.9 | 0.58 | -3.33 | 13.9 | 1058.33 | 0.6 | 17.65 | 13.85 | 16.0 | 2.41 | 19.9 | 0 | 0 | 2.7 | -31.82 | 5.11 | -14.41 | 0.14 | -41.67 | 2.84 | -32.38 | 0.04 | 176.12 |
| 2015 (2) | 3.66 | -26.8 | 29.01 | 4.62 | 0 | 0 | 0 | 0 | 243.59 | 9.41 | 3.99 | 23.53 | 38.28 | 16.99 | 15.71 | 6.93 | 19.29 | 2.77 | 0.6 | 0 | 1.2 | 0 | 0.51 | -5.56 | 11.94 | 15.03 | 2.01 | 18.24 | 0 | 0 | 3.96 | 26.92 | 5.97 | 21.34 | 0.24 | 140.0 | 4.2 | 30.43 | 0.01 | -74.97 |
| 2014 (1) | 5.0 | 71.82 | 27.73 | 12.63 | 0 | 0 | 0 | 0 | 222.63 | 15.89 | 3.23 | 59.9 | 32.72 | -3.62 | 14.70 | -16.84 | 18.77 | 12.13 | 0 | 0 | 0 | 0 | 0.54 | 0.0 | 10.38 | 6.46 | 1.7 | 13.33 | 0.11 | -45.0 | 3.12 | 40.54 | 4.92 | 25.51 | 0.1 | 0 | 3.22 | 52.61 | 0.05 | 24.29 |
| 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) | 5.8 | -33.94 | 12.62 | 39.6 | 19.89 | -14.93 | 1.02 | -11.3 | -93.01 | 0 | 0 | 0 | 135.44 | 17.79 | -5.32 | 2.44 | 27.75 | 5.63 | 58.63 | 52.92 | -2.27 | 12.02 | 55.31 | 16.75 | 83.92 | -25.61 | -31.0 | 4.93 | 0.41 | 2.92 | 18.12 | 32.17 | 953.49 | 0.01 | 0.0 | -50.0 | 23.27 | 0.09 | 0.69 | 6.4 | 0.0 | 10.34 | 0 | 0 | 0 | 9.89 | 32.75 | 19.59 | 16.29 | 17.62 | 15.78 | 1.45 | -34.39 | -28.57 | 11.34 | 17.39 | 10.1 | 0.05 | 0.15 | 28.22 |
| 24Q2 (19) | 8.78 | 83.68 | 118.41 | 33.03 | -22.52 | -40.7 | 1.15 | -0.86 | -91.8 | 0 | 0 | 0 | 114.98 | 6.55 | -14.0 | 1.91 | 61.86 | 76.85 | 38.34 | -15.66 | -32.73 | 7.74 | -12.47 | -18.71 | 112.81 | -2.68 | -24.03 | 4.91 | -0.41 | 6.74 | 13.71 | 36.15 | 309.25 | 0.01 | 0.0 | -50.0 | 23.25 | 0.04 | 1.09 | 6.4 | 10.34 | 10.34 | 0 | 0 | 0 | 7.45 | 21.53 | 25.0 | 13.85 | 16.0 | 17.67 | 2.21 | 22.1 | 99.1 | 9.66 | 21.66 | 36.63 | 0.05 | 16.3 | 19.48 |
| 24Q1 (18) | 4.78 | 7.42 | -23.15 | 42.63 | 24.07 | 23.42 | 1.16 | 4.5 | 625.0 | 0 | 0 | 0 | 107.91 | -16.61 | -29.94 | 1.18 | -11.94 | -4.84 | 45.46 | 24.65 | -22.0 | 8.84 | 35.83 | -6.23 | 115.92 | 18.15 | -17.49 | 4.93 | 3.57 | 0.41 | 10.07 | -40.9 | -5.8 | 0.01 | -50.0 | -50.0 | 23.24 | 0.04 | 1.44 | 5.8 | 0.0 | 22.88 | 0 | 0 | -100.0 | 6.13 | -36.15 | 31.26 | 11.94 | -22.52 | 11.69 | 1.81 | 162.32 | 364.1 | 7.94 | -22.84 | 56.92 | 0.04 | 6.84 | -8.32 |
| 23Q4 (17) | 4.45 | -13.59 | -31.43 | 34.36 | -26.19 | -6.76 | 1.11 | -92.4 | 217.14 | 0 | 0 | 0 | 129.41 | -9.54 | -14.78 | 1.34 | -41.99 | -19.76 | 36.47 | -39.21 | -39.6 | 6.51 | -36.77 | -34.84 | 98.11 | -19.33 | -1.77 | 4.76 | -0.63 | -2.06 | 17.04 | 890.7 | 48.82 | 0.02 | 0.0 | 100.0 | 23.23 | 0.52 | 6.61 | 5.8 | 0.0 | 22.88 | 0 | 0 | -100.0 | 9.6 | 16.08 | -17.67 | 15.41 | 9.52 | -12.84 | 0.69 | -66.01 | 21.05 | 10.29 | -0.1 | -15.86 | 0.04 | 3.03 | -8.16 |
| 23Q3 (16) | 5.15 | 28.11 | -34.48 | 46.55 | -16.43 | 14.23 | 14.6 | 4.14 | 9025.0 | 0 | 0 | 0 | 143.05 | 6.99 | -10.03 | 2.31 | 113.89 | -24.01 | 59.99 | 5.26 | -12.44 | 10.30 | 8.14 | -16.84 | 121.62 | -18.1 | 18.7 | 4.79 | 4.13 | -4.01 | 1.72 | -48.66 | -84.57 | 0.02 | 0.0 | 100.0 | 23.11 | 0.48 | 6.69 | 5.8 | 0.0 | 22.88 | 0 | 0 | -100.0 | 8.27 | 38.76 | -16.97 | 14.07 | 19.54 | -11.95 | 2.03 | 82.88 | 62.4 | 10.3 | 45.69 | -8.12 | 0.04 | -6.68 | -14.87 |
| 23Q2 (15) | 4.02 | -35.37 | -51.62 | 55.7 | 61.26 | 41.37 | 14.02 | 8662.5 | 11583.33 | 0 | 0 | 0 | 133.7 | -13.2 | -12.69 | 1.08 | -12.9 | -69.23 | 56.99 | -2.21 | -15.29 | 9.52 | 0.96 | -24.78 | 148.5 | 5.69 | 81.87 | 4.6 | -6.31 | -7.82 | 3.35 | -68.66 | -52.95 | 0.02 | 0.0 | 0.0 | 23.0 | 0.39 | 6.19 | 5.8 | 22.88 | 22.88 | 0 | -100.0 | -100.0 | 5.96 | 27.62 | -13.87 | 11.77 | 10.1 | -9.04 | 1.11 | 184.62 | 3800.0 | 7.07 | 39.72 | 2.61 | 0.04 | -10.76 | -19.85 |
| 23Q1 (14) | 6.22 | -4.16 | -19.01 | 34.54 | -6.27 | -4.0 | 0.16 | -54.29 | -36.0 | 0 | 0 | 0 | 154.03 | 1.44 | 9.78 | 1.24 | -25.75 | -53.03 | 58.28 | -3.48 | -16.66 | 9.43 | -5.62 | -33.15 | 140.5 | 40.67 | 127.53 | 4.91 | 1.03 | 6.05 | 10.69 | -6.64 | 55.38 | 0.02 | 100.0 | 0.0 | 22.91 | 5.14 | 14.26 | 4.72 | 0.0 | 21.03 | 1.31 | 0.0 | 43.96 | 4.67 | -59.95 | -24.92 | 10.69 | -39.54 | -3.17 | 0.39 | -31.58 | 154.17 | 5.06 | -58.63 | -8.0 | 0.04 | 7.03 | -22.85 |
| 22Q4 (13) | 6.49 | -17.43 | -7.55 | 36.85 | -9.57 | 20.62 | 0.35 | 118.75 | -95.14 | 0 | 0 | 0 | 151.85 | -4.49 | 50.53 | 1.67 | -45.07 | -16.5 | 60.38 | -11.87 | 52.55 | 9.99 | -19.3 | 18.99 | 99.88 | -2.52 | 87.53 | 4.86 | -2.61 | 11.72 | 11.45 | 2.69 | 512.3 | 0.01 | 0.0 | -50.0 | 21.79 | 0.6 | 8.68 | 4.72 | 0.0 | 21.03 | 1.31 | 0.0 | 43.96 | 11.66 | 17.07 | 38.81 | 17.68 | 10.64 | 33.84 | 0.57 | -54.4 | 143.51 | 12.23 | 9.1 | 72.5 | 0.04 | -4.49 | -25.2 |
| 22Q3 (12) | 7.86 | -5.42 | -16.2 | 40.75 | 3.43 | 46.79 | 0.16 | 33.33 | -97.76 | 0 | 0 | 0 | 158.99 | 3.82 | 15.87 | 3.04 | -13.39 | 33.92 | 68.51 | 1.83 | 0.65 | 12.38 | -2.18 | -11.98 | 102.46 | 25.49 | 221.9 | 4.99 | 0.0 | 19.09 | 11.15 | 56.6 | 460.3 | 0.01 | -50.0 | -50.0 | 21.66 | 0.0 | 8.03 | 4.72 | 0.0 | 21.03 | 1.31 | 0.0 | 43.96 | 9.96 | 43.93 | 55.62 | 15.98 | 23.49 | 42.42 | 1.25 | 4266.67 | 199.21 | 11.21 | 62.7 | 118.09 | 0.04 | -12.14 | -31.28 |
| 22Q2 (11) | 8.31 | 8.2 | 57.69 | 39.4 | 9.51 | 22.25 | 0.12 | -52.0 | 20.0 | 0 | 0 | 0 | 153.14 | 9.14 | 30.54 | 3.51 | 32.95 | 65.57 | 67.28 | -3.79 | 23.63 | 12.66 | -10.27 | 7.05 | 81.65 | 32.23 | 127.12 | 4.99 | 7.78 | 404.04 | 7.12 | 3.49 | 8.7 | 0.02 | 0.0 | -33.33 | 21.66 | 8.03 | 14.48 | 4.72 | 21.03 | 37.21 | 1.31 | 43.96 | 367.86 | 6.92 | 11.25 | 8.63 | 12.94 | 17.21 | 28.37 | -0.03 | 95.83 | 97.5 | 6.89 | 25.27 | 33.27 | 0.05 | -14.1 | -29.26 |
| 22Q1 (10) | 7.68 | 9.4 | 25.7 | 35.98 | 17.77 | 95.12 | 0.25 | -96.53 | 212.5 | 0 | 0 | 0 | 140.31 | 39.09 | 21.02 | 2.64 | 32.0 | 52.6 | 69.93 | 76.68 | 34.58 | 14.11 | 67.99 | 19.51 | 61.75 | 15.94 | 36.19 | 4.63 | 6.44 | 377.32 | 6.88 | 267.91 | 41.56 | 0.02 | 0.0 | -33.33 | 20.05 | 0.0 | 5.97 | 3.9 | 0.0 | 13.37 | 0.91 | 0.0 | 225.0 | 6.22 | -25.95 | 46.35 | 11.04 | -16.43 | 38.52 | -0.72 | 45.04 | 18.18 | 5.5 | -22.43 | 63.2 | 0.06 | 3.78 | -21.85 |
| 21Q4 (9) | 7.02 | -25.16 | -0.85 | 30.55 | 10.05 | 42.69 | 7.2 | 0.7 | 14300.0 | 0 | 0 | 0 | 100.88 | -26.48 | -11.08 | 2.0 | -11.89 | 94.17 | 39.58 | -41.85 | -26.36 | 8.40 | -40.3 | -34.46 | 53.26 | 67.33 | 28.87 | 4.35 | 3.82 | 353.12 | 1.87 | -6.03 | -75.87 | 0.02 | 0.0 | -33.33 | 20.05 | 0.0 | 5.97 | 3.9 | 0.0 | 13.37 | 0.91 | 0.0 | 225.0 | 8.4 | 31.25 | 62.79 | 13.21 | 17.74 | 48.76 | -1.31 | -3.97 | -43.96 | 7.09 | 37.94 | 66.82 | 0.05 | -12.26 | -23.28 |
| 21Q3 (8) | 9.38 | 77.99 | 43.87 | 27.76 | -13.87 | 3.08 | 7.15 | 7050.0 | 967.16 | 0 | 0 | 0 | 137.21 | 16.96 | 20.86 | 2.27 | 7.08 | 42.77 | 68.07 | 25.08 | 38.49 | 14.07 | 18.96 | 20.58 | 31.83 | -11.46 | -49.23 | 4.19 | 323.23 | 319.0 | 1.99 | -69.62 | -76.7 | 0.02 | -33.33 | -33.33 | 20.05 | 5.97 | 7.91 | 3.9 | 13.37 | 13.37 | 0.91 | 225.0 | 225.0 | 6.4 | 0.47 | 54.96 | 11.22 | 11.31 | 42.93 | -1.26 | -5.0 | -106.56 | 5.14 | -0.58 | 46.02 | 0.06 | -9.55 | -5.84 |
| 21Q2 (7) | 5.27 | -13.75 | 32.75 | 32.23 | 74.78 | 14.58 | 0.1 | 25.0 | -93.01 | 0 | 0 | 0 | 117.31 | 1.18 | 20.59 | 2.12 | 22.54 | 85.96 | 54.42 | 4.73 | 32.76 | 11.82 | 0.18 | 0 | 35.95 | -20.71 | -33.79 | 0.99 | 2.06 | 1.02 | 6.55 | 34.77 | -33.03 | 0.03 | 0.0 | 0.0 | 18.92 | 0.0 | 4.3 | 3.44 | 0.0 | 0.0 | 0.28 | 0.0 | 0.0 | 6.37 | 49.88 | 150.79 | 10.08 | 26.47 | 61.02 | -1.2 | -36.36 | -200.0 | 5.17 | 53.41 | 141.59 | 0.07 | -5.11 | -5.94 |
| 21Q1 (6) | 6.11 | -13.7 | 40.14 | 18.44 | -13.87 | -42.41 | 0.08 | 60.0 | -95.48 | 0 | 0 | 0 | 115.94 | 2.19 | 21.75 | 1.73 | 67.96 | 103.53 | 51.96 | -3.33 | 25.42 | 11.80 | -7.88 | 0 | 45.34 | 9.7 | -19.95 | 0.97 | 1.04 | -2.02 | 4.86 | -37.29 | -63.92 | 0.03 | 0.0 | -25.0 | 18.92 | 0.0 | 4.82 | 3.44 | 0.0 | 9.21 | 0.28 | 0.0 | 460.0 | 4.25 | -17.64 | 121.35 | 7.97 | -10.25 | 55.66 | -0.88 | 3.3 | -363.16 | 3.37 | -20.71 | 94.8 | 0.07 | 1.88 | -4.43 |
| 20Q4 (5) | 7.08 | 8.59 | 97.77 | 21.41 | -20.5 | -9.05 | 0.05 | -92.54 | -97.09 | 0 | 0 | 0 | 113.45 | -0.07 | -1.59 | 1.03 | -35.22 | 41.1 | 53.75 | 9.36 | 38.21 | 12.81 | 9.84 | 0 | 41.33 | -34.08 | -18.45 | 0.96 | -4.0 | -35.57 | 7.75 | -9.25 | -25.7 | 0.03 | 0.0 | -25.0 | 18.92 | 1.83 | 5.23 | 3.44 | 0.0 | 9.21 | 0.28 | 0.0 | 460.0 | 5.16 | 24.94 | 50.88 | 8.88 | 13.12 | 34.14 | -0.91 | -49.18 | -225.0 | 4.25 | 20.74 | 35.35 | 0.07 | 7.68 | 111.34 |
| 20Q3 (4) | 6.52 | 64.23 | 0.0 | 26.93 | -4.27 | 0.0 | 0.67 | -53.15 | 0.0 | 0 | 0 | 0.0 | 113.53 | 16.7 | 0.0 | 1.59 | 39.47 | 0.0 | 49.15 | 19.91 | 0.0 | 11.67 | 0 | 0.0 | 62.7 | 15.47 | 0.0 | 1.0 | 2.04 | 0.0 | 8.54 | -12.68 | 0.0 | 0.03 | 0.0 | 0.0 | 18.58 | 2.43 | 0.0 | 3.44 | 0.0 | 0.0 | 0.28 | 0.0 | 0.0 | 4.13 | 62.6 | 0.0 | 7.85 | 25.4 | 0.0 | -0.61 | -52.5 | 0.0 | 3.52 | 64.49 | 0.0 | 0.07 | -9.65 | 0.0 |
