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) | 19.9 | -34.92 | 4.0 | -46.67 | 1.07 | -81.83 | 0 | 0 | 172.3 | -9.66 | 7.88 | -1.13 | 40.58 | -19.16 | 23.55 | -10.52 | 15.29 | -36.56 | 33.73 | 9.66 | 9.69 | -9.94 | 0.05 | -58.33 | 15.12 | 0.67 | 19.05 | 4.38 | 2.94 | -46.06 | 28.81 | 1.8 | 50.79 | -2.33 | -3.98 | 0 | 24.83 | -2.09 | 0.00 | 0 |
| 2022 (9) | 30.58 | -31.65 | 7.5 | -77.06 | 5.89 | 489.0 | 0 | 0 | 190.72 | -8.18 | 7.97 | -75.91 | 50.2 | -2.52 | 26.32 | 6.15 | 24.1 | -18.17 | 30.76 | 11.17 | 10.76 | -14.67 | 0.12 | 0 | 15.02 | 0.67 | 18.25 | 22.16 | 5.45 | 20.04 | 28.3 | -39.77 | 52.0 | -21.77 | -2.94 | 0 | 25.36 | -38.95 | 0.00 | 0 |
| 2021 (8) | 44.74 | 79.9 | 32.69 | 66.62 | 1.0 | 334.78 | 0 | 0 | 207.7 | 7.35 | 33.09 | 219.71 | 51.5 | 15.32 | 24.80 | 7.42 | 29.45 | 22.86 | 27.67 | -29.93 | 12.61 | -59.31 | 0 | 0 | 14.92 | 1.15 | 14.94 | 7.4 | 4.54 | -5.81 | 46.99 | 94.01 | 66.47 | 54.76 | -5.45 | 0 | 41.54 | 111.08 | 0.00 | 0 |
| 2020 (7) | 24.87 | 32.85 | 19.62 | 43.53 | 0.23 | -94.25 | 0 | 0 | 193.48 | 8.82 | 10.35 | 25.15 | 44.66 | 12.15 | 23.08 | 3.07 | 23.97 | 52.87 | 39.49 | -1.03 | 30.99 | 7.75 | 0 | 0 | 14.75 | 0.0 | 13.91 | 6.35 | 4.82 | 106.87 | 24.22 | -1.5 | 42.95 | 7.38 | -4.54 | 0 | 19.68 | -0.46 | 0.00 | 0 |
| 2019 (6) | 18.72 | 35.65 | 13.67 | -28.05 | 4.0 | 0 | 0 | 0 | 177.8 | -0.6 | 8.27 | 28.82 | 39.82 | -14.49 | 22.40 | -13.98 | 15.68 | -22.3 | 39.9 | 27.97 | 28.76 | -7.23 | 0 | 0 | 14.75 | 0.0 | 13.08 | 5.14 | 2.33 | 25.27 | 24.59 | 8.81 | 40.0 | 8.4 | -4.82 | 0 | 19.77 | -2.47 | 0.00 | 0 |
| 2018 (5) | 13.8 | -67.84 | 19.0 | 0.37 | 0 | 0 | 0 | 0 | 178.87 | 13.86 | 6.42 | 54.7 | 46.57 | 45.9 | 26.04 | 28.13 | 20.18 | 1.46 | 31.18 | 20686.67 | 31.0 | 34.78 | 0 | 0 | 14.75 | -2.96 | 12.44 | 3.49 | 1.86 | 0 | 22.6 | -2.29 | 36.9 | 4.98 | -2.33 | 0 | 20.27 | -4.7 | 0.00 | 0 |
| 2017 (4) | 42.91 | 134.87 | 18.93 | -2.42 | 0 | 0 | 0 | 0 | 157.09 | -10.61 | 4.15 | -12.45 | 31.92 | 14.66 | 20.32 | 28.27 | 19.89 | 25.17 | 0.15 | 0.0 | 23.0 | 27.78 | 0 | 0 | 15.2 | 0.0 | 12.02 | 4.07 | 0 | 0 | 23.13 | -3.22 | 35.15 | -0.85 | -1.86 | 0 | 21.27 | -13.36 | 0.00 | 0 |
| 2016 (3) | 18.27 | -57.32 | 19.4 | 94.39 | 5.0 | 0 | 0 | 0 | 175.74 | -18.7 | 4.74 | -32.09 | 27.84 | -31.34 | 15.84 | -15.55 | 15.89 | -18.6 | 0.15 | 0.0 | 18.0 | 12.5 | 0 | 0 | 15.2 | 0.0 | 11.55 | 6.45 | 0 | 0 | 23.9 | -4.59 | 35.45 | -1.25 | 0.65 | -87.76 | 24.55 | -19.14 | 0.00 | 0 |
| 2015 (2) | 42.81 | -14.62 | 9.98 | -41.71 | 0 | 0 | 0 | 0 | 216.17 | -16.11 | 6.98 | -24.62 | 40.55 | -13.83 | 18.76 | 2.72 | 19.52 | -3.41 | 0.15 | 0.0 | 16.0 | 60.0 | 0 | 0 | 15.2 | 0.0 | 10.85 | 9.26 | 0 | 0 | 25.05 | -5.86 | 35.9 | -1.75 | 5.31 | -10.76 | 30.36 | -6.76 | 0.00 | 0 |
| 2014 (1) | 50.14 | 47.08 | 17.12 | 21.94 | 0 | 0 | 0 | 0 | 257.69 | -0.64 | 9.26 | 10.77 | 47.06 | -28.03 | 18.26 | -27.57 | 20.21 | -13.71 | 0.15 | 0.0 | 10.0 | 0.0 | 0 | 0 | 15.2 | 0.0 | 9.93 | 9.24 | 0 | 0 | 26.61 | 5.85 | 36.54 | 4.76 | 5.95 | 213.16 | 32.56 | 20.41 | 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) | 27.97 | -21.89 | 64.43 | 8.55 | 22.14 | 113.75 | 0.45 | -37.5 | -92.59 | 0 | 0 | 0 | 35.91 | -9.02 | -16.7 | 9.67 | -28.69 | 519.87 | 35.04 | -4.13 | -20.8 | 22.73 | 0.35 | -5.79 | 11.62 | -13.86 | -28.05 | 30.99 | -3.85 | -6.68 | 0 | -100.0 | -100.0 | 0.05 | 25.0 | -28.57 | 15.22 | 0.13 | 1.0 | 19.84 | 0.0 | 4.15 | 3.98 | 0.0 | 35.37 | 43.88 | 28.27 | 67.99 | 67.7 | 16.66 | 40.72 | -1.42 | -246.34 | -77.5 | 42.46 | 25.62 | 67.69 | 0.00 | 0 | 0 |
| 24Q2 (19) | 35.81 | 38.37 | 49.77 | 7.0 | 0.0 | 75.0 | 0.72 | -27.27 | -88.14 | 0 | 0 | 0 | 39.47 | 15.17 | -13.69 | 13.56 | 551.92 | 442.4 | 36.55 | 14.22 | -14.72 | 22.65 | 18.65 | -0.12 | 13.49 | -0.44 | -24.09 | 32.23 | -7.25 | -1.65 | 4.5 | -40.0 | -55.97 | 0.04 | 0.0 | -55.56 | 15.2 | 0.07 | 0.93 | 19.84 | 4.15 | 4.15 | 3.98 | 35.37 | 35.37 | 34.21 | 52.18 | 39.29 | 58.03 | 30.49 | 24.66 | -0.41 | 66.12 | 90.12 | 33.8 | 58.91 | 65.61 | 0.00 | 0 | 0 |
| 24Q1 (18) | 25.88 | 30.05 | -29.88 | 7.0 | 75.0 | 18.64 | 0.99 | -7.48 | -83.69 | 0 | 0 | 0 | 34.27 | -22.97 | -12.06 | 2.08 | -22.39 | 84.07 | 32.0 | -21.14 | -13.86 | 19.09 | -18.93 | -4.45 | 13.55 | -11.38 | -32.25 | 34.75 | 3.02 | 8.15 | 7.5 | -22.6 | -28.5 | 0.04 | -20.0 | -63.64 | 15.19 | 0.46 | 0.93 | 19.05 | 0.0 | 4.38 | 2.94 | 0.0 | -46.06 | 22.48 | -21.97 | 10.52 | 44.47 | -12.44 | 0.98 | -1.21 | 69.6 | 55.51 | 21.27 | -14.34 | 20.72 | 0.00 | 0 | 0 |
| 23Q4 (17) | 19.9 | 16.99 | -34.92 | 4.0 | 0.0 | -46.67 | 1.07 | -82.37 | -81.83 | 0 | 0 | 0 | 44.49 | 3.2 | -19.9 | 2.68 | 71.79 | 36.73 | 40.58 | -8.27 | -19.16 | 23.55 | -2.39 | -10.52 | 15.29 | -5.33 | -36.56 | 33.73 | 1.57 | 9.66 | 9.69 | -2.61 | -9.94 | 0.05 | -28.57 | -58.33 | 15.12 | 0.33 | 0.67 | 19.05 | 0.0 | 4.38 | 2.94 | 0.0 | -46.06 | 28.81 | 10.3 | 1.8 | 50.79 | 5.57 | -2.33 | -3.98 | -397.5 | -35.37 | 24.83 | -1.94 | -2.09 | 0.00 | 0 | 0 |
| 23Q3 (16) | 17.01 | -28.86 | -49.12 | 4.0 | 0.0 | -61.54 | 6.07 | 0.0 | 964.91 | 0 | 0 | 0 | 43.11 | -5.73 | -11.51 | 1.56 | -37.6 | -5.45 | 44.24 | 3.22 | 0.0 | 24.13 | 6.38 | 3.01 | 16.15 | -9.12 | -44.71 | 33.21 | 1.34 | 20.07 | 9.95 | -2.64 | -4.05 | 0.07 | -22.22 | -30.0 | 15.07 | 0.07 | 0.67 | 19.05 | 0.0 | 4.38 | 2.94 | 0.0 | -46.06 | 26.12 | 6.35 | -0.65 | 48.11 | 3.35 | -3.76 | -0.8 | 80.72 | 48.39 | 25.32 | 24.06 | 2.34 | 0.00 | 0 | 0 |
| 23Q2 (15) | 23.91 | -35.22 | 18.25 | 4.0 | -32.2 | -77.69 | 6.07 | 0.0 | 162.77 | 0 | 0 | 0 | 45.73 | 17.35 | 7.15 | 2.5 | 121.24 | -28.77 | 42.86 | 15.37 | 2.17 | 22.68 | 13.51 | 4.01 | 17.77 | -11.15 | -48.89 | 32.77 | 1.99 | 18.47 | 10.22 | -2.57 | 7.81 | 0.09 | -18.18 | 12.5 | 15.06 | 0.07 | 0.6 | 19.05 | 4.38 | 4.38 | 2.94 | -46.06 | -46.06 | 24.56 | 20.75 | -0.32 | 46.55 | 5.7 | -3.72 | -4.15 | -52.57 | -27.3 | 20.41 | 15.83 | -4.54 | 0.00 | 0 | 0 |
| 23Q1 (14) | 36.91 | 20.7 | -10.04 | 5.9 | -21.33 | -75.4 | 6.07 | 3.06 | 462.04 | 0 | 0 | 0 | 38.97 | -29.83 | -10.99 | 1.13 | -42.35 | 31.4 | 37.15 | -26.0 | -18.17 | 19.98 | -24.08 | -12.03 | 20.0 | -17.01 | -43.15 | 32.13 | 4.45 | 16.16 | 10.49 | -2.51 | 20.44 | 0.11 | -8.33 | 10.0 | 15.05 | 0.2 | 0.6 | 18.25 | 0.0 | 22.16 | 5.45 | 0.0 | 20.04 | 20.34 | -28.13 | -19.79 | 44.04 | -15.31 | -1.78 | -2.72 | 7.48 | 3.2 | 17.62 | -30.52 | -21.86 | 0.00 | 0 | 0 |
| 22Q4 (13) | 30.58 | -8.53 | -31.65 | 7.5 | -27.88 | -77.06 | 5.89 | 933.33 | 489.0 | 0 | 0 | 0 | 55.54 | 14.0 | 3.46 | 1.96 | 18.79 | -92.52 | 50.2 | 13.47 | -2.52 | 26.32 | 12.37 | 6.15 | 24.1 | -17.49 | -18.17 | 30.76 | 11.21 | 11.17 | 10.76 | 3.76 | -14.67 | 0.12 | 20.0 | 0 | 15.02 | 0.33 | 0.67 | 18.25 | 0.0 | 22.16 | 5.45 | 0.0 | 20.04 | 28.3 | 7.65 | -39.77 | 52.0 | 4.02 | -21.77 | -2.94 | -89.68 | 46.06 | 25.36 | 2.51 | -38.95 | 0.00 | 0 | 0 |
| 22Q3 (12) | 33.43 | 65.33 | 138.45 | 10.4 | -42.0 | -68.0 | 0.57 | -75.32 | -43.0 | 0 | 0 | 0 | 48.72 | 14.15 | -6.7 | 1.65 | -52.99 | -30.38 | 44.24 | 5.46 | -11.87 | 23.42 | 7.41 | -3.49 | 29.21 | -15.99 | -17.93 | 27.66 | 0.0 | -29.6 | 10.37 | 9.39 | -64.24 | 0.1 | 25.0 | 0 | 14.97 | 0.0 | 1.49 | 18.25 | 0.0 | 22.16 | 5.45 | 0.0 | 20.04 | 26.29 | 6.7 | 26.52 | 49.99 | 3.39 | 24.14 | -1.55 | 52.45 | 74.17 | 24.74 | 15.72 | 67.39 | 0.00 | 0 | 0 |
| 22Q2 (11) | 20.22 | -50.72 | -12.84 | 17.93 | -25.23 | -13.59 | 2.31 | 113.89 | 131.0 | 0 | 0 | 0 | 42.68 | -2.51 | -14.96 | 3.51 | 308.14 | 53.95 | 41.95 | -7.6 | -13.49 | 21.81 | -3.99 | -5.44 | 34.77 | -1.17 | -15.34 | 27.66 | 0.0 | -29.73 | 9.48 | 8.84 | -67.21 | 0.08 | -20.0 | 0 | 14.97 | 0.07 | 1.49 | 18.25 | 22.16 | 31.2 | 5.45 | 20.04 | 13.07 | 24.64 | -2.84 | -14.33 | 48.35 | 7.83 | 1.83 | -3.26 | -16.01 | 40.4 | 21.38 | -5.19 | -8.2 | 0.00 | 0 | 0 |
| 22Q1 (10) | 41.03 | -8.29 | 56.07 | 23.98 | -26.64 | 107.44 | 1.08 | 8.0 | 0 | 0 | 0 | 0 | 43.78 | -18.44 | -15.16 | 0.86 | -96.72 | -61.78 | 45.4 | -11.84 | -4.24 | 22.71 | -8.4 | 3.21 | 35.18 | 19.46 | 15.84 | 27.66 | -0.04 | -29.83 | 8.71 | -30.93 | -71.56 | 0.1 | 0 | 0 | 14.96 | 0.27 | 1.42 | 14.94 | 0.0 | 7.4 | 4.54 | 0.0 | -5.81 | 25.36 | -46.03 | -4.19 | 44.84 | -32.54 | -0.8 | -2.81 | 48.44 | 41.82 | 22.55 | -45.71 | 4.21 | 0.00 | 0 | 0 |
| 21Q4 (9) | 44.74 | 219.12 | 79.9 | 32.69 | 0.58 | 66.62 | 1.0 | 0.0 | 334.78 | 0 | 0 | 0 | 53.68 | 2.8 | 1.63 | 26.19 | 1005.06 | 1074.44 | 51.5 | 2.59 | 15.32 | 24.80 | 2.16 | 7.42 | 29.45 | -17.25 | 22.86 | 27.67 | -29.57 | -29.93 | 12.61 | -56.52 | -59.31 | 0 | 0 | 0 | 14.92 | 1.15 | 1.15 | 14.94 | 0.0 | 7.4 | 4.54 | 0.0 | -5.81 | 46.99 | 126.13 | 94.01 | 66.47 | 65.06 | 54.76 | -5.45 | 9.17 | -20.04 | 41.54 | 181.06 | 111.08 | 0.00 | 0 | 0 |
| 21Q3 (8) | 14.02 | -39.57 | -24.99 | 32.5 | 56.63 | 79.46 | 1.0 | 0.0 | 0 | 0 | 0 | 0 | 52.22 | 4.04 | -6.15 | 2.37 | 3.95 | -13.5 | 50.2 | 3.53 | 6.72 | 24.27 | 5.24 | -3.49 | 35.59 | -13.34 | 59.6 | 39.29 | -0.18 | 0.0 | 29.0 | 0.31 | -4.92 | 0 | 0 | 0 | 14.75 | 0.0 | 0.0 | 14.94 | 7.4 | 7.4 | 4.54 | -5.81 | -5.81 | 20.78 | -27.75 | -5.63 | 40.27 | -15.19 | -1.18 | -6.0 | -9.69 | -9.89 | 14.78 | -36.54 | -10.75 | 0.00 | 0 | 0 |
| 21Q2 (7) | 23.2 | -11.75 | -8.19 | 20.75 | 79.5 | 54.39 | 1.0 | 0 | 0 | 0 | 0 | 0 | 50.19 | -2.73 | -9.34 | 2.28 | 1.33 | -48.88 | 48.49 | 2.28 | -0.43 | 23.06 | 4.79 | 0 | 41.07 | 35.23 | 111.48 | 39.36 | -0.15 | 0.03 | 28.91 | -5.62 | -9.88 | 0 | 0 | 0 | 14.75 | 0.0 | 0.0 | 13.91 | 0.0 | 0.0 | 4.82 | 0.0 | 0.0 | 28.76 | 8.65 | 49.09 | 47.48 | 5.04 | 24.91 | -5.47 | -13.25 | 13.99 | 23.29 | 7.62 | 80.12 | 0.00 | 0 | 0 |
| 21Q1 (6) | 26.29 | 5.71 | -24.02 | 11.56 | -41.08 | -37.31 | 0 | -100.0 | 0 | 0 | 0 | 0 | 51.6 | -2.31 | 74.03 | 2.25 | 0.9 | 144.57 | 47.41 | 6.16 | 60.39 | 22.01 | -4.66 | 0 | 30.37 | 26.7 | 90.65 | 39.42 | -0.18 | 0.03 | 30.63 | -1.16 | -3.86 | 0 | 0 | 0 | 14.75 | 0.0 | 0.0 | 13.91 | 0.0 | 6.35 | 4.82 | 0.0 | 106.87 | 26.47 | 9.29 | 3.76 | 45.2 | 5.24 | 10.46 | -4.83 | -6.39 | 5.29 | 21.64 | 9.96 | 6.03 | 0.00 | 0 | 0 |
| 20Q4 (5) | 24.87 | 33.07 | 32.85 | 19.62 | 8.34 | 43.53 | 0.23 | 0 | -94.25 | 0 | 0 | 0 | 52.82 | -5.07 | 13.84 | 2.23 | -18.61 | -11.16 | 44.66 | -5.06 | 12.15 | 23.08 | -8.21 | 0 | 23.97 | 7.49 | 52.87 | 39.49 | 0.51 | -1.03 | 30.99 | 1.61 | 7.75 | 0 | 0 | 0 | 14.75 | 0.0 | 0.0 | 13.91 | 0.0 | 6.35 | 4.82 | 0.0 | 106.87 | 24.22 | 9.99 | -1.5 | 42.95 | 5.4 | 7.38 | -4.54 | 16.85 | 5.81 | 19.68 | 18.84 | -0.46 | 0.00 | 0 | 0 |
| 20Q3 (4) | 18.69 | -26.04 | 0.0 | 18.11 | 34.75 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 55.64 | 0.51 | 0.0 | 2.74 | -38.57 | 0.0 | 47.04 | -3.41 | 0.0 | 25.15 | 0 | 0.0 | 22.3 | 14.83 | 0.0 | 39.29 | -0.15 | 0.0 | 30.5 | -4.93 | 0.0 | 0 | 0 | 0.0 | 14.75 | 0.0 | 0.0 | 13.91 | 0.0 | 0.0 | 4.82 | 0.0 | 0.0 | 22.02 | 14.15 | 0.0 | 40.75 | 7.21 | 0.0 | -5.46 | 14.15 | 0.0 | 16.56 | 28.07 | 0.0 | 0.00 | 0 | 0.0 |
