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) | 22.29 | 8.78 | 2.94 | 54.74 | 0 | 0 | 0 | 0 | 14.46 | -21.92 | -1.32 | 0 | 2.54 | -32.09 | 17.57 | -13.02 | 0.7 | -71.89 | 0.15 | 0.0 | 0 | 0 | 1.98 | -24.43 | 6.82 | 0.0 | 0 | 0 | 0 | 0 | -1.67 | 0 | -1.67 | 0 | -0.09 | 0 | -1.76 | 0 | 0.57 | 2.61 |
| 2022 (9) | 20.49 | 173.93 | 1.9 | 322.22 | 0 | 0 | 0 | 0 | 18.52 | -7.95 | -0.12 | 0 | 3.74 | -22.08 | 20.19 | -15.35 | 2.49 | 56.6 | 0.15 | -28.57 | 0 | 0 | 2.62 | -2.96 | 6.82 | 0.15 | 0 | 0 | 0 | 0 | -0.35 | 0 | -0.35 | 0 | -0.07 | 0 | -0.42 | 0 | 0.55 | -2.07 |
| 2021 (8) | 7.48 | 103.26 | 0.45 | -59.46 | 1.46 | 0 | 0 | 0 | 20.12 | 27.66 | -0.24 | 0 | 4.8 | 75.18 | 23.86 | 37.22 | 1.59 | 89.29 | 0.21 | -22.22 | 0 | 0 | 2.7 | -2.88 | 6.81 | 17.41 | 0 | 0 | 0 | 0 | -0.25 | 0 | -0.25 | 0 | -0.41 | 0 | -0.66 | 0 | 0.56 | 0 |
| 2020 (7) | 3.68 | 1.1 | 1.11 | 455.0 | 0 | 0 | 0 | 0 | 15.76 | 11.54 | -0.82 | 0 | 2.74 | -8.67 | 17.39 | -18.11 | 0.84 | -5.62 | 0.27 | 0 | 1.47 | 1.38 | 2.78 | 7.34 | 5.8 | 0.0 | 0 | 0 | 0 | 0 | -2.9 | 0 | -2.9 | 0 | -0.33 | 0 | -3.23 | 0 | 0.00 | 0 |
| 2019 (6) | 3.64 | -26.32 | 0.2 | 0.0 | 0 | 0 | 0 | 0 | 14.13 | -3.22 | -0.93 | 0 | 3.0 | 7.14 | 21.23 | 10.71 | 0.89 | -23.93 | 0 | 0 | 1.45 | 0 | 2.59 | 89.05 | 5.8 | 0.0 | 0 | 0 | 0 | 0 | -2.07 | 0 | -2.07 | 0 | -0.18 | 0 | -2.25 | 0 | 0.00 | 0 |
| 2018 (5) | 4.94 | 143.35 | 0.2 | 0 | 0 | 0 | 0 | 0 | 14.6 | 2.17 | -0.58 | 0 | 2.8 | -8.5 | 19.18 | -10.44 | 1.17 | 11.43 | 0 | 0 | 0 | 0 | 1.37 | 878.57 | 5.8 | 31.82 | 0 | 0 | 0 | 0 | -1.15 | 0 | -1.15 | 0 | -0.11 | 0 | -1.26 | 0 | 0.00 | 0 |
| 2017 (4) | 2.03 | -38.67 | 0 | 0 | 0 | 0 | 0 | 0 | 14.29 | -14.07 | 0.05 | 0 | 3.06 | 23.89 | 21.41 | 44.17 | 1.05 | -1.87 | 0 | 0 | 0 | 0 | 0.14 | 0 | 4.4 | 10.0 | 0 | 0 | 0 | 0 | -0.56 | 0 | -0.56 | 0 | -0.2 | 0 | -0.76 | 0 | 0.00 | 0 |
| 2016 (3) | 3.31 | 16.96 | 0 | 0 | 1.48 | 2.07 | 0 | 0 | 16.63 | -22.76 | -0.56 | 0 | 2.47 | -47.56 | 14.85 | -32.11 | 1.07 | -26.21 | 0 | 0 | 0 | 0 | 0 | 0 | 4.0 | 0.0 | 0 | 0 | 0 | 0 | -0.61 | 0 | -0.61 | 0 | -0.03 | 0 | -0.64 | 0 | 0.00 | 0 |
| 2015 (2) | 2.83 | 36.71 | 0 | 0 | 1.45 | 3525.0 | 0 | 0 | 21.53 | 5.38 | 0.02 | -88.89 | 4.71 | 15.72 | 21.88 | 9.81 | 1.45 | -16.67 | 0 | 0 | 0 | 0 | 0.23 | 0 | 4.0 | 33.33 | 0 | 0 | 0 | 0 | -0.06 | 0 | -0.06 | 0 | 0.05 | 150.0 | -0.01 | 0 | 0.00 | 0 |
| 2014 (1) | 2.07 | 53.33 | 0.63 | -48.78 | 0.04 | -71.43 | 0 | 0 | 20.43 | -3.99 | 0.18 | 200.0 | 4.07 | 10.6 | 19.92 | 15.2 | 1.74 | 62.62 | 0 | 0 | 1.69 | 445.16 | 0 | 0 | 3.0 | 0.0 | 0 | 0 | 0 | 0 | -0.06 | 0 | -0.06 | 0 | 0.02 | 0 | -0.04 | 0 | 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) | 17.67 | 4.06 | -22.74 | 3.17 | 8.19 | 8.93 | 0 | 0 | 0 | 0 | 0 | 0 | 4.14 | 24.32 | 9.52 | -0.12 | -20.0 | 0 | 3.95 | 11.9 | 6.76 | 28.87 | 8.95 | 17.53 | 0.79 | 38.6 | -9.2 | 0.11 | -8.33 | -31.25 | 0 | 0 | 0 | 1.92 | -1.03 | -25.0 | 6.82 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.14 | -5.94 | -256.67 | -2.14 | -5.94 | -256.67 | 0.07 | -53.33 | -41.67 | -2.07 | -10.7 | -331.25 | 0.56 | -0.01 | 2.81 |
| 24Q2 (19) | 16.98 | -8.81 | -25.07 | 2.93 | -0.34 | 9.74 | 0 | 0 | 0 | 0 | 0 | 0 | 3.33 | 0.91 | -17.16 | -0.1 | 60.0 | -1100.0 | 3.53 | 9.97 | -6.61 | 26.50 | 15.67 | 8.11 | 0.57 | 9.62 | -50.43 | 0.12 | -14.29 | -33.33 | 0 | 0 | 0 | 1.94 | -1.02 | -24.81 | 6.82 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.02 | -5.21 | -242.37 | -2.02 | -5.21 | -242.37 | 0.15 | 87.5 | 475.0 | -1.87 | -1.63 | -196.83 | 0.56 | -0.68 | 2.08 |
| 24Q1 (18) | 18.62 | -16.46 | -12.91 | 2.94 | 0.0 | 33.64 | 0 | 0 | 0 | 0 | 0 | 0 | 3.3 | 13.4 | -12.0 | -0.25 | 76.85 | 0.0 | 3.21 | 26.38 | -3.02 | 22.91 | 30.44 | 14.08 | 0.52 | -25.71 | -66.23 | 0.14 | -6.67 | 0.0 | 0 | 0 | 0 | 1.96 | -1.01 | -24.62 | 6.82 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.92 | -14.97 | -214.75 | -1.92 | -14.97 | -214.75 | 0.08 | 188.89 | 172.73 | -1.84 | -4.55 | -155.56 | 0.57 | -0.04 | 2.09 |
| 23Q4 (17) | 22.29 | -2.54 | 8.78 | 2.94 | 1.03 | 54.74 | 0 | 0 | 0 | 0 | 0 | 0 | 2.91 | -23.02 | -17.09 | -1.08 | 0 | -440.0 | 2.54 | -31.35 | -32.09 | 17.57 | -28.5 | -13.02 | 0.7 | -19.54 | -71.89 | 0.15 | -6.25 | 0.0 | 0 | 0 | 0 | 1.98 | -22.66 | -24.43 | 6.82 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.67 | -178.33 | -377.14 | -1.67 | -178.33 | -377.14 | -0.09 | -175.0 | -28.57 | -1.76 | -266.67 | -319.05 | 0.57 | 3.57 | 2.61 |
| 23Q3 (16) | 22.87 | 0.93 | 9.01 | 2.91 | 8.99 | 57.3 | 0 | 0 | 0 | 0 | 0 | 0 | 3.78 | -5.97 | -8.7 | 0 | -100.0 | 100.0 | 3.7 | -2.12 | -13.35 | 24.57 | 0.22 | 22.44 | 0.87 | -24.35 | -61.33 | 0.16 | -11.11 | 0.0 | 0 | 0 | 0 | 2.56 | -0.78 | -3.03 | 6.82 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.6 | -1.69 | -252.94 | -0.6 | -1.69 | -252.94 | 0.12 | 400.0 | 140.0 | -0.48 | 23.81 | -300.0 | 0.55 | -0.71 | -0.39 |
| 23Q2 (15) | 22.66 | 5.99 | 104.88 | 2.67 | 21.36 | 41.27 | 0 | 0 | 0 | 0 | 0 | 0 | 4.02 | 7.2 | -20.87 | 0.01 | 104.0 | -50.0 | 3.78 | 14.2 | -22.38 | 24.51 | 22.05 | 15.27 | 1.15 | -25.32 | -37.16 | 0.18 | 28.57 | 0.0 | 0 | 0 | 0 | 2.58 | -0.77 | -3.01 | 6.82 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.59 | 3.28 | -883.33 | -0.59 | 3.28 | -883.33 | -0.04 | 63.64 | 78.95 | -0.63 | 12.5 | -152.0 | 0.55 | -0.67 | -0.31 |
| 23Q1 (14) | 21.38 | 4.34 | 180.21 | 2.2 | 15.79 | 28.65 | 0 | 0 | 0 | 0 | 0 | 0 | 3.75 | 6.84 | -35.23 | -0.25 | -25.0 | -247.06 | 3.31 | -11.5 | -35.35 | 20.08 | -0.54 | -14.21 | 1.54 | -38.15 | -3.75 | 0.14 | -6.67 | -26.32 | 0 | 0 | 0 | 2.6 | -0.76 | -2.99 | 6.82 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.61 | -74.29 | -662.5 | -0.61 | -74.29 | -662.5 | -0.11 | -57.14 | 63.33 | -0.72 | -71.43 | -89.47 | 0.56 | 0.47 | -0.28 |
| 22Q4 (13) | 20.49 | -2.34 | 173.93 | 1.9 | 2.7 | 322.22 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.51 | -15.22 | -44.02 | -0.2 | -81.82 | -500.0 | 3.74 | -12.41 | -22.08 | 20.19 | 0.64 | -15.35 | 2.49 | 10.67 | 56.6 | 0.15 | -6.25 | -28.57 | 0 | 0 | 0 | 2.62 | -0.76 | -2.96 | 6.82 | 0.0 | 0.15 | 0 | 0 | 0 | 0 | 0 | 0 | -0.35 | -105.88 | -40.0 | -0.35 | -105.88 | -40.0 | -0.07 | -240.0 | 82.93 | -0.42 | -250.0 | 36.36 | 0.55 | 0.53 | -2.07 |
| 22Q3 (12) | 20.98 | 89.69 | -17.79 | 1.85 | -2.12 | -51.06 | 0 | 0 | -100.0 | 0 | 0 | 0 | 4.14 | -18.5 | -28.12 | -0.11 | -650.0 | -650.0 | 4.27 | -12.32 | 3.89 | 20.07 | -5.65 | -16.37 | 2.25 | 22.95 | 16.58 | 0.16 | -11.11 | -27.27 | 0 | 0 | 0 | 2.64 | -0.75 | -2.94 | 6.82 | 0.0 | 0.29 | 0 | 0 | 0 | 0 | 0 | 0 | -0.17 | -183.33 | 41.38 | -0.17 | -183.33 | 41.38 | 0.05 | 126.32 | 111.63 | -0.12 | 52.0 | 83.33 | 0.55 | -0.63 | -3.25 |
| 22Q2 (11) | 11.06 | 44.95 | -55.28 | 1.89 | 10.53 | -60.46 | 0 | 0 | -100.0 | 0 | 0 | 0 | 5.08 | -12.26 | 25.43 | 0.02 | -88.24 | 109.52 | 4.87 | -4.88 | 39.54 | 21.27 | -9.16 | -7.44 | 1.83 | 14.37 | 31.65 | 0.18 | -5.26 | -25.0 | 0 | 0 | 0 | 2.66 | -0.75 | -2.92 | 6.82 | 0.0 | 17.59 | 0 | 0 | 0 | 0 | 0 | 0 | -0.06 | 25.0 | 98.13 | -0.06 | 25.0 | 98.13 | -0.19 | 36.67 | 54.76 | -0.25 | 34.21 | 93.11 | 0.55 | -0.64 | -15.99 |
| 22Q1 (10) | 7.63 | 2.01 | 113.13 | 1.71 | 280.0 | 78.12 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 5.79 | -7.66 | 43.32 | 0.17 | 240.0 | 270.0 | 5.12 | 6.67 | 46.7 | 23.41 | -1.87 | 5.92 | 1.6 | 0.63 | 70.21 | 0.19 | -9.52 | -26.92 | 0 | 0 | 0 | 2.68 | -0.74 | -2.9 | 6.82 | 0.15 | 17.59 | 0 | 0 | 0 | 0 | 0 | 0 | -0.08 | 68.0 | 97.32 | -0.08 | 68.0 | 97.32 | -0.3 | 26.83 | 9.09 | -0.38 | 42.42 | 88.55 | 0.56 | -1.34 | 0 |
| 21Q4 (9) | 7.48 | -70.69 | 103.26 | 0.45 | -88.1 | -59.46 | 1.46 | -2.01 | 0 | 0 | 0 | 0 | 6.27 | 8.85 | 91.16 | 0.05 | 150.0 | 118.52 | 4.8 | 16.79 | 75.18 | 23.86 | -0.57 | 37.22 | 1.59 | -17.62 | 89.29 | 0.21 | -4.55 | -22.22 | 0 | 0 | -100.0 | 2.7 | -0.74 | -2.88 | 6.81 | 0.15 | 17.41 | 0 | 0 | 0 | 0 | 0 | 0 | -0.25 | 13.79 | 91.38 | -0.25 | 13.79 | 91.38 | -0.41 | 4.65 | -24.24 | -0.66 | 8.33 | 79.57 | 0.56 | -0.68 | 0 |
| 21Q3 (8) | 25.52 | 3.19 | 648.39 | 3.78 | -20.92 | 240.54 | 1.49 | 0.0 | 0 | 0 | 0 | 0 | 5.76 | 42.22 | 50.79 | 0.02 | 109.52 | 111.11 | 4.11 | 17.77 | 20.18 | 23.99 | 4.43 | 12.53 | 1.93 | 38.85 | 138.27 | 0.22 | -8.33 | -26.67 | 0 | 0 | -100.0 | 2.72 | -0.73 | 3.03 | 6.8 | 17.24 | 17.24 | 0 | 0 | 0 | 0 | 0 | 0 | -0.29 | 90.97 | 88.93 | -0.29 | 90.97 | 88.93 | -0.43 | -2.38 | -65.38 | -0.72 | 80.17 | 75.0 | 0.57 | -13.71 | 0 |
| 21Q2 (7) | 24.73 | 590.78 | 695.18 | 4.78 | 397.92 | 624.24 | 1.49 | 0.68 | 0 | 0 | 0 | 0 | 4.05 | 0.25 | -12.9 | -0.21 | -110.0 | -61.54 | 3.49 | 0.0 | -16.11 | 22.98 | 3.95 | 0 | 1.39 | 47.87 | 49.46 | 0.24 | -7.69 | -22.58 | 0 | 0 | -100.0 | 2.74 | -0.72 | 3.79 | 5.8 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.21 | -7.36 | -31.02 | -3.21 | -7.36 | -31.02 | -0.42 | -27.27 | -100.0 | -3.63 | -9.34 | -36.47 | 0.66 | 0 | 0 |
| 21Q1 (6) | 3.58 | -2.72 | 15.48 | 0.96 | -13.51 | 92.0 | 1.48 | 0 | 0 | 0 | 0 | 0 | 4.04 | 23.17 | 0.75 | -0.1 | 62.96 | 60.0 | 3.49 | 27.37 | -3.32 | 22.10 | 27.13 | 0 | 0.94 | 11.9 | 4.44 | 0.26 | -3.7 | -18.75 | 0 | -100.0 | -100.0 | 2.76 | -0.72 | 4.55 | 5.8 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.99 | -3.1 | -28.88 | -2.99 | -3.1 | -28.88 | -0.33 | 0.0 | -120.0 | -3.32 | -2.79 | -34.41 | 0.00 | 0 | 0 |
| 20Q4 (5) | 3.68 | 7.92 | 1.1 | 1.11 | 0.0 | 455.0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.28 | -14.14 | -7.87 | -0.27 | -50.0 | -50.0 | 2.74 | -19.88 | -8.67 | 17.39 | -18.46 | 0 | 0.84 | 3.7 | -5.62 | 0.27 | -10.0 | 0 | 1.47 | 0.0 | 1.38 | 2.78 | 5.3 | 7.34 | 5.8 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.9 | -10.69 | -40.1 | -2.9 | -10.69 | -40.1 | -0.33 | -26.92 | -83.33 | -3.23 | -12.15 | -43.56 | 0.00 | 0 | 0 |
| 20Q3 (4) | 3.41 | 9.65 | 0.0 | 1.11 | 68.18 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 3.82 | -17.85 | 0.0 | -0.18 | -38.46 | 0.0 | 3.42 | -17.79 | 0.0 | 21.32 | 0 | 0.0 | 0.81 | -12.9 | 0.0 | 0.3 | -3.23 | 0.0 | 1.47 | 0.68 | 0.0 | 2.64 | 0.0 | 0.0 | 5.8 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | -2.62 | -6.94 | 0.0 | -2.62 | -6.94 | 0.0 | -0.26 | -23.81 | 0.0 | -2.88 | -8.27 | 0.0 | 0.00 | 0 | 0.0 |
