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) | 9.91 | 80.18 | 4.23 | -64.72 | 1.21 | 63.51 | 0 | 0 | 30.31 | -55.43 | -3.73 | 0 | 8.01 | -65.22 | 26.43 | -21.97 | 6.64 | -61.03 | 0.11 | -21.43 | 11.73 | 73.78 | 0.06 | 0.0 | 6.12 | 12.09 | 1.79 | 14.74 | 0.91 | -23.53 | 1.01 | -83.89 | 3.71 | -58.87 | -1.42 | 0 | -0.41 | 0 | 0.00 | 0 |
| 2022 (9) | 5.5 | 72.96 | 11.99 | 82.5 | 0.74 | 39.62 | 0 | 0 | 68.0 | 45.21 | 2.25 | 603.12 | 23.03 | 48.58 | 33.87 | 2.32 | 17.04 | 10.08 | 0.14 | -22.22 | 6.75 | -9.64 | 0.06 | -25.0 | 5.46 | 0.0 | 1.56 | 1.96 | 1.19 | 9.17 | 6.27 | 33.4 | 9.02 | 23.39 | -0.91 | 0 | 5.36 | 52.71 | 0.00 | 0 |
| 2021 (8) | 3.18 | -53.78 | 6.57 | 353.1 | 0.53 | -83.28 | 0 | 0 | 46.83 | -8.21 | 0.32 | -82.12 | 15.5 | 0.32 | 33.10 | 9.3 | 15.48 | 70.3 | 0.18 | -21.74 | 7.47 | 154.95 | 0.08 | -33.33 | 5.46 | 0.0 | 1.53 | 13.33 | 1.09 | -6.84 | 4.7 | -13.6 | 7.31 | -8.17 | -1.19 | 0 | 3.51 | -19.31 | 0.00 | 0 |
| 2020 (7) | 6.88 | 69.04 | 1.45 | 0 | 3.17 | 35.47 | 0 | 0 | 51.02 | 3.83 | 1.79 | 73.79 | 15.45 | 16.52 | 30.28 | 12.22 | 9.09 | -5.41 | 0.23 | 0 | 2.93 | -38.32 | 0.12 | 20.0 | 5.46 | 4.4 | 1.35 | 8.0 | 1.17 | 80.0 | 5.44 | 15.99 | 7.96 | 20.97 | -1.09 | 0 | 4.35 | 23.58 | 0.00 | 0 |
| 2019 (6) | 4.07 | -22.33 | 0 | 0 | 2.34 | 24.47 | 0 | 0 | 49.14 | -3.65 | 1.03 | -18.9 | 13.26 | -23.71 | 26.98 | -20.82 | 9.61 | -16.94 | 0 | 0 | 4.75 | 12.03 | 0.1 | 233.33 | 5.23 | 0.0 | 1.25 | 11.61 | 0.65 | 103.12 | 4.69 | 1.52 | 6.58 | 8.58 | -1.17 | 0 | 3.52 | -11.34 | 0.00 | 0 |
| 2018 (5) | 5.24 | -65.55 | 0 | 0 | 1.88 | -20.34 | 0 | 0 | 51.0 | 44.44 | 1.27 | -19.62 | 17.38 | 162.14 | 34.08 | 81.49 | 11.57 | 97.44 | 0 | 0 | 4.24 | 126.74 | 0.03 | -57.14 | 5.23 | 0.0 | 1.12 | 16.67 | 0.32 | 100.0 | 4.62 | 5.24 | 6.06 | 9.98 | -0.65 | 0 | 3.97 | -2.46 | 0.00 | 0 |
| 2017 (4) | 15.21 | 43.36 | 0 | 0 | 2.36 | -7.81 | 0 | 0 | 35.31 | 8.85 | 1.58 | -8.14 | 6.63 | -3.07 | 18.78 | -10.95 | 5.86 | 26.57 | 0 | 0 | 1.87 | 0.54 | 0.07 | -56.25 | 5.23 | 0.0 | 0.96 | 21.52 | 0.16 | 0 | 4.39 | 11.99 | 5.51 | 16.99 | -0.32 | 0 | 4.07 | 8.24 | 0.00 | 0 |
| 2016 (3) | 10.61 | -19.98 | 0 | 0 | 2.56 | 0 | 0 | 0 | 32.44 | 11.63 | 1.72 | -24.56 | 6.84 | 11.4 | 21.09 | -0.21 | 4.63 | 20.26 | 0 | 0 | 1.86 | -25.9 | 0.16 | -46.67 | 5.23 | 0.0 | 0.79 | 41.07 | 0 | 0 | 3.92 | 17.01 | 4.71 | 20.46 | -0.16 | 0 | 3.76 | 4.44 | 0.00 | 0 |
| 2015 (2) | 13.26 | 62.3 | 0 | 0 | 0 | 0 | 0 | 0 | 29.06 | -7.98 | 2.28 | -43.84 | 6.14 | -17.58 | 21.13 | -10.44 | 3.85 | 13.91 | 0 | 0 | 2.51 | 298.41 | 0.3 | 66.67 | 5.23 | 42.9 | 0.56 | 250.0 | 0 | 0 | 3.35 | -27.02 | 3.91 | -17.68 | 0.25 | 257.14 | 3.6 | -22.75 | 0.00 | 0 |
| 2014 (1) | 8.17 | 479.43 | 0 | 0 | 0.07 | 0.0 | 0 | 0 | 31.58 | 29.37 | 4.06 | 181.94 | 7.45 | 25.63 | 23.59 | -2.89 | 3.38 | 92.05 | 0 | 0 | 0.63 | -10.0 | 0.18 | 38.46 | 3.66 | 35.06 | 0.16 | 1500.0 | 0 | 0 | 4.59 | 160.8 | 4.75 | 168.36 | 0.07 | 133.33 | 4.66 | 160.34 | 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) | 8.25 | -2.94 | -25.54 | 1.48 | -1.33 | -85.14 | 1.15 | -4.96 | 16.16 | 0 | 0 | 0 | 6.46 | -2.42 | -5.0 | -0.65 | -30.0 | -14.04 | 7.45 | -17.86 | -6.05 | 27.59 | -16.83 | 47.04 | 8.68 | 8.5 | -1.25 | 0.15 | 0.0 | 25.0 | 13.69 | -0.94 | 147.11 | 0.04 | -20.0 | -42.86 | 6.12 | 0.0 | 0.0 | 1.79 | 0.0 | 0.0 | 1.42 | 0.0 | 56.04 | -1.32 | -100.0 | -182.5 | 1.89 | -25.88 | -56.05 | -0.47 | -67.86 | -14.63 | -1.79 | -90.43 | -250.42 | 0.00 | 0 | 0 |
| 24Q2 (19) | 8.5 | -15.59 | 29.57 | 1.5 | -47.92 | -80.57 | 1.21 | 0.0 | 24.74 | 0 | 0 | 0 | 6.62 | -5.56 | -14.25 | -0.5 | 25.37 | 66.44 | 9.07 | -1.84 | 8.62 | 33.17 | 2.11 | 142.91 | 8.0 | 21.03 | 4.71 | 0.15 | 36.36 | 25.0 | 13.82 | -2.74 | 140.77 | 0.05 | -16.67 | -28.57 | 6.12 | 0.0 | 0.0 | 1.79 | 0.0 | 0.0 | 1.42 | 56.04 | 56.04 | -0.66 | -294.12 | -130.41 | 2.55 | -16.12 | -47.64 | -0.28 | 26.32 | 76.86 | -0.94 | -2250.0 | -197.92 | 0.00 | 0 | 0 |
| 24Q1 (18) | 10.07 | 1.61 | 125.78 | 2.88 | -31.91 | -60.98 | 1.21 | 0.0 | 59.21 | 0 | 0 | 0 | 7.01 | 1.45 | -21.06 | -0.67 | -13.56 | 38.53 | 9.24 | 15.36 | 0.65 | 32.49 | 22.94 | 130.22 | 6.61 | -0.45 | -47.5 | 0.11 | 0.0 | -15.38 | 14.21 | 21.14 | 127.0 | 0.06 | 0.0 | -14.29 | 6.12 | 0.0 | 12.09 | 1.79 | 0.0 | 14.74 | 0.91 | 0.0 | -23.53 | 0.34 | -66.34 | -92.02 | 3.04 | -18.06 | -56.63 | -0.38 | 73.24 | 55.81 | -0.04 | 90.24 | -101.18 | 0.00 | 0 | 0 |
| 23Q4 (17) | 9.91 | -10.56 | 80.18 | 4.23 | -57.53 | -64.72 | 1.21 | 22.22 | 63.51 | 0 | 0 | 0 | 6.91 | 1.62 | -63.36 | -0.59 | -3.51 | -129.95 | 8.01 | 1.01 | -65.22 | 26.43 | 40.83 | -21.97 | 6.64 | -24.46 | -61.03 | 0.11 | -8.33 | -21.43 | 11.73 | 111.73 | 73.78 | 0.06 | -14.29 | 0.0 | 6.12 | 0.0 | 12.09 | 1.79 | 0.0 | 14.74 | 0.91 | 0.0 | -23.53 | 1.01 | -36.88 | -83.89 | 3.71 | -13.72 | -58.87 | -1.42 | -246.34 | -56.04 | -0.41 | -134.45 | -107.65 | 0.00 | 0 | 0 |
| 23Q3 (16) | 11.08 | 68.9 | 346.77 | 9.96 | 29.02 | -11.62 | 0.99 | 2.06 | 33.78 | 0 | 0 | 0 | 6.8 | -11.92 | -73.52 | -0.57 | 61.74 | -129.38 | 7.93 | -5.03 | -73.07 | 18.76 | 37.4 | -60.95 | 8.79 | 15.05 | -54.41 | 0.12 | 0.0 | -20.0 | 5.54 | -3.48 | -20.29 | 0.07 | 0.0 | 0.0 | 6.12 | 0.0 | 12.09 | 1.79 | 0.0 | 14.74 | 0.91 | 0.0 | -23.53 | 1.6 | -26.27 | -62.79 | 4.3 | -11.7 | -39.01 | -0.41 | 66.12 | 38.81 | 1.19 | 23.96 | -67.22 | 0.00 | 0 | 0 |
| 23Q2 (15) | 6.56 | 47.09 | 66.92 | 7.72 | 4.61 | -11.57 | 0.97 | 27.63 | 44.78 | 0 | 0 | 0 | 7.72 | -13.06 | -33.62 | -1.49 | -36.7 | -83.95 | 8.35 | -9.04 | -40.78 | 13.66 | -3.22 | -53.31 | 7.64 | -39.32 | -46.91 | 0.12 | -7.69 | -25.0 | 5.74 | -8.31 | -19.38 | 0.07 | 0.0 | 0.0 | 6.12 | 12.09 | 12.09 | 1.79 | 14.74 | 14.74 | 0.91 | -23.53 | -23.53 | 2.17 | -49.06 | -8.05 | 4.87 | -30.53 | -4.7 | -1.21 | -40.7 | -39.08 | 0.96 | -71.76 | -35.57 | 0.00 | 0 | 0 |
| 23Q1 (14) | 4.46 | -18.91 | 18.3 | 7.38 | -38.45 | -28.97 | 0.76 | 2.7 | 26.67 | 0 | 0 | 0 | 8.88 | -52.92 | -24.94 | -1.09 | -155.33 | -28.24 | 9.18 | -60.14 | -42.77 | 14.11 | -58.33 | -58.16 | 12.59 | -26.12 | -13.05 | 0.13 | -7.14 | -27.78 | 6.26 | -7.26 | -14.13 | 0.07 | 16.67 | 0.0 | 5.46 | 0.0 | 0.0 | 1.56 | 0.0 | 1.96 | 1.19 | 0.0 | 9.17 | 4.26 | -32.06 | 10.94 | 7.01 | -22.28 | 8.51 | -0.86 | 5.49 | -32.31 | 3.4 | -36.57 | 6.58 | 0.00 | 0 | 0 |
| 22Q4 (13) | 5.5 | 121.77 | 72.96 | 11.99 | 6.39 | 82.5 | 0.74 | 0.0 | 39.62 | 0 | 0 | 0 | 18.86 | -26.56 | 55.35 | 1.97 | 1.55 | 1415.38 | 23.03 | -21.8 | 48.58 | 33.87 | -29.53 | 2.32 | 17.04 | -11.62 | 10.08 | 0.14 | -6.67 | -22.22 | 6.75 | -2.88 | -9.64 | 0.06 | -14.29 | -25.0 | 5.46 | 0.0 | 0.0 | 1.56 | 0.0 | 1.96 | 1.19 | 0.0 | 9.17 | 6.27 | 45.81 | 33.4 | 9.02 | 27.94 | 23.39 | -0.91 | -35.82 | 23.53 | 5.36 | 47.66 | 52.71 | 0.00 | 0 | 0 |
| 22Q3 (12) | 2.48 | -36.9 | -28.53 | 11.27 | 29.1 | 163.93 | 0.74 | 10.45 | 60.87 | 0 | 0 | 0 | 25.68 | 120.81 | 103.81 | 1.94 | 339.51 | 2871.43 | 29.45 | 108.87 | 106.52 | 48.06 | 64.28 | 60.65 | 19.28 | 33.98 | 46.5 | 0.15 | -6.25 | -21.05 | 6.95 | -2.39 | -9.27 | 0.07 | 0.0 | -12.5 | 5.46 | 0.0 | 0.0 | 1.56 | 0.0 | 1.96 | 1.19 | 0.0 | 9.17 | 4.3 | 82.2 | -5.49 | 7.05 | 37.96 | -1.67 | -0.67 | 22.99 | 49.24 | 3.63 | 143.62 | 12.38 | 0.00 | 0 | 0 |
| 22Q2 (11) | 3.93 | 4.24 | -30.57 | 8.73 | -15.98 | 88.55 | 0.67 | 11.67 | 45.65 | 0 | 0 | 0 | 11.63 | -1.69 | 5.92 | -0.81 | 4.71 | -723.08 | 14.1 | -12.09 | 12.53 | 29.25 | -13.28 | 19.28 | 14.39 | -0.62 | 53.9 | 0.16 | -11.11 | -23.81 | 7.12 | -2.33 | -8.37 | 0.07 | 0.0 | -22.22 | 5.46 | 0.0 | 0.0 | 1.56 | 1.96 | 15.56 | 1.19 | 9.17 | 1.71 | 2.36 | -38.54 | -58.52 | 5.11 | -20.9 | -37.76 | -0.87 | -33.85 | 31.5 | 1.49 | -53.29 | -66.29 | 0.00 | 0 | 0 |
| 22Q1 (10) | 3.77 | 18.55 | -38.4 | 10.39 | 58.14 | 181.57 | 0.6 | 13.21 | 30.43 | 0 | 0 | 0 | 11.83 | -2.55 | 6.48 | -0.85 | -753.85 | -808.33 | 16.04 | 3.48 | 20.51 | 33.73 | 1.92 | 33.77 | 14.48 | -6.46 | 55.7 | 0.18 | 0.0 | -18.18 | 7.29 | -2.41 | 159.43 | 0.07 | -12.5 | -36.36 | 5.46 | 0.0 | 0.0 | 1.53 | 0.0 | 13.33 | 1.09 | 0.0 | -6.84 | 3.84 | -18.3 | -30.94 | 6.46 | -11.63 | -20.05 | -0.65 | 45.38 | 42.48 | 3.19 | -9.12 | -27.99 | 0.00 | 0 | 0 |
| 21Q4 (9) | 3.18 | -8.36 | -53.78 | 6.57 | 53.86 | 353.1 | 0.53 | 15.22 | -83.28 | 0 | 0 | 0 | 12.14 | -3.65 | -6.47 | 0.13 | 285.71 | -60.61 | 15.5 | 8.7 | 0.32 | 33.10 | 10.65 | 9.32 | 15.48 | 17.63 | 70.3 | 0.18 | -5.26 | -21.74 | 7.47 | -2.48 | 154.95 | 0.08 | 0.0 | -33.33 | 5.46 | 0.0 | 0.0 | 1.53 | 0.0 | 13.33 | 1.09 | 0.0 | -6.84 | 4.7 | 3.3 | -13.6 | 7.31 | 1.95 | -8.17 | -1.19 | 9.85 | -9.17 | 3.51 | 8.67 | -19.31 | 0.00 | 0 | 0 |
| 21Q3 (8) | 3.47 | -38.69 | -48.67 | 4.27 | -7.78 | 10.62 | 0.46 | 0.0 | -87.5 | 0 | 0 | 0 | 12.6 | 14.75 | -21.35 | -0.07 | -153.85 | -109.86 | 14.26 | 13.81 | -9.52 | 29.91 | 21.97 | -5.51 | 13.16 | 40.75 | 45.41 | 0.19 | -9.52 | -20.83 | 7.66 | -1.42 | 277.34 | 0.08 | -11.11 | -20.0 | 5.46 | 0.0 | 1.68 | 1.53 | 13.33 | 13.33 | 1.09 | -6.84 | -6.84 | 4.55 | -20.04 | -10.96 | 7.17 | -12.67 | -6.03 | -1.32 | -3.94 | 4.35 | 3.23 | -26.92 | -13.4 | 0.00 | 0 | 0 |
| 21Q2 (7) | 5.66 | -7.52 | 138.82 | 4.63 | 25.47 | 131.5 | 0.46 | 0.0 | -89.96 | 0 | 0 | 0 | 10.98 | -1.17 | -13.34 | 0.13 | 8.33 | -87.0 | 12.53 | -5.86 | -13.11 | 24.53 | -2.75 | 0 | 9.35 | 0.54 | -16.52 | 0.21 | -4.55 | -16.0 | 7.77 | 176.51 | 1626.67 | 0.09 | -18.18 | 0.0 | 5.46 | 0.0 | 4.4 | 1.35 | 0.0 | 0.0 | 1.17 | 0.0 | 0.0 | 5.69 | 2.34 | 29.32 | 8.21 | 1.61 | 18.64 | -1.27 | -12.39 | 14.19 | 4.42 | -0.23 | 51.37 | 0.00 | 0 | 0 |
| 21Q1 (6) | 6.12 | -11.05 | 50.74 | 3.69 | 154.48 | 80.0 | 0.46 | -85.49 | -89.8 | 0 | 0 | 0 | 11.11 | -14.41 | 18.7 | 0.12 | -63.64 | 146.15 | 13.31 | -13.85 | 14.05 | 25.22 | -16.71 | 0 | 9.3 | 2.31 | -0.75 | 0.22 | -4.35 | -18.52 | 2.81 | -4.1 | 360.66 | 0.11 | -8.33 | 22.22 | 5.46 | 0.0 | 4.4 | 1.35 | 0.0 | 8.0 | 1.17 | 0.0 | 80.0 | 5.56 | 2.21 | 25.51 | 8.08 | 1.51 | 27.85 | -1.13 | -3.67 | 1.74 | 4.43 | 1.84 | 35.06 | 0.00 | 0 | 0 |
| 20Q4 (5) | 6.88 | 1.78 | 69.04 | 1.45 | -62.44 | 0 | 3.17 | -13.86 | 35.47 | 0 | 0 | 0 | 12.98 | -18.98 | 10.66 | 0.33 | -53.52 | 3.12 | 15.45 | -1.97 | 16.52 | 30.28 | -4.37 | 0 | 9.09 | 0.44 | -5.41 | 0.23 | -4.17 | 0 | 2.93 | 44.33 | -38.32 | 0.12 | 20.0 | 20.0 | 5.46 | 1.68 | 4.4 | 1.35 | 0.0 | 8.0 | 1.17 | 0.0 | 80.0 | 5.44 | 6.46 | 15.99 | 7.96 | 4.33 | 20.97 | -1.09 | 21.01 | 6.84 | 4.35 | 16.62 | 23.58 | 0.00 | 0 | 0 |
| 20Q3 (4) | 6.76 | 185.23 | 0.0 | 3.86 | 93.0 | 0.0 | 3.68 | -19.65 | 0.0 | 0 | 0 | 0.0 | 16.02 | 26.44 | 0.0 | 0.71 | -29.0 | 0.0 | 15.76 | 9.29 | 0.0 | 31.66 | 0 | 0.0 | 9.05 | -19.2 | 0.0 | 0.24 | -4.0 | 0.0 | 2.03 | 351.11 | 0.0 | 0.1 | 11.11 | 0.0 | 5.37 | 2.68 | 0.0 | 1.35 | 0.0 | 0.0 | 1.17 | 0.0 | 0.0 | 5.11 | 16.14 | 0.0 | 7.63 | 10.26 | 0.0 | -1.38 | 6.76 | 0.0 | 3.73 | 27.74 | 0.0 | 0.00 | 0 | 0.0 |
