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) | 4.01 | 13.6 | 1.77 | 80.61 | 0.46 | 76.92 | 0 | 0 | 7.7 | -3.51 | 0.67 | 86.11 | 2.97 | 25.32 | 38.57 | 29.87 | 4.73 | 60.88 | 2.79 | 10.28 | 4.36 | 12.37 | 0 | 0 | 8.88 | 0.91 | 0.03 | 0 | 0 | 0 | 0.69 | 165.38 | 0.71 | 173.08 | -0.07 | 0 | 0.62 | 195.24 | 0.09 | 0 |
| 2022 (9) | 3.53 | 75.62 | 0.98 | 6.52 | 0.26 | 136.36 | 0 | 0 | 7.98 | 39.75 | 0.36 | 0 | 2.37 | 16.18 | 29.70 | -16.87 | 2.94 | 194.0 | 2.53 | 2.43 | 3.88 | 16.17 | 0 | 0 | 8.8 | 27.54 | 0 | 0 | 0 | 0 | 0.26 | 0 | 0.26 | 0 | -0.05 | 0 | 0.21 | 0 | 0.00 | 0 |
| 2021 (8) | 2.01 | 109.38 | 0.92 | -46.82 | 0.11 | -81.03 | 0 | 0 | 5.71 | -16.28 | -0.52 | 0 | 2.04 | -29.17 | 35.73 | -15.4 | 1.0 | 69.49 | 2.47 | 97.6 | 3.34 | 67.0 | 0 | 0 | 6.9 | 23.21 | 0.5 | 0.0 | 0 | 0 | -0.64 | 0 | -0.14 | 0 | -0.19 | 0 | -0.83 | 0 | 0.00 | 0 |
| 2020 (7) | 0.96 | 74.55 | 1.73 | 20.98 | 0.58 | -19.44 | 0 | 0 | 6.82 | -16.73 | -0.8 | 0 | 2.88 | -15.79 | 42.23 | 1.13 | 0.59 | -6.35 | 1.25 | 0 | 2.0 | 12.36 | 0 | 0 | 5.6 | 0.0 | 0.5 | 0.0 | 0 | 0 | -0.09 | 0 | 0.4 | -66.94 | -0.18 | 0 | -0.27 | 0 | 0.00 | 0 |
| 2019 (6) | 0.55 | -11.29 | 1.43 | -28.5 | 0.72 | 44.0 | 0 | 0 | 8.19 | -6.61 | -0.36 | 0 | 3.42 | 4.27 | 41.76 | 11.65 | 0.63 | -18.18 | 0 | 0 | 1.78 | 206.9 | 0 | 0 | 5.6 | 0.0 | 0.5 | 2.04 | 0 | 0 | 0.71 | -44.09 | 1.21 | -31.25 | -0.24 | 0 | 0.47 | -60.17 | 0.00 | 0 |
| 2018 (5) | 0.62 | -57.24 | 2.0 | 250.88 | 0.5 | 100.0 | 0 | 0 | 8.77 | 4.4 | 0 | 0 | 3.28 | 15.49 | 37.40 | 10.62 | 0.77 | -33.04 | 0 | 0 | 0.58 | 52.63 | 0 | 0 | 5.6 | 0.0 | 0.49 | 19.51 | 0 | 0 | 1.27 | -35.53 | 1.76 | -25.74 | -0.09 | 0 | 1.18 | -40.1 | 0.00 | 0 |
| 2017 (4) | 1.45 | -15.7 | 0.57 | 1040.0 | 0.25 | 0.0 | 0.09 | 0.0 | 8.4 | -0.94 | 0.87 | 35.94 | 2.84 | -4.05 | 33.81 | -3.14 | 1.15 | 8.49 | 0.03 | -96.77 | 0.38 | -39.68 | 0 | 0 | 5.6 | -1.41 | 0.41 | 20.59 | 0 | 0 | 1.97 | 27.92 | 2.37 | 26.06 | 0 | 0 | 1.97 | 27.92 | 0.00 | 0 |
| 2016 (3) | 1.72 | -1.71 | 0.05 | 0.0 | 0.25 | 38.89 | 0.09 | 0 | 8.48 | -4.5 | 0.64 | -12.33 | 2.96 | 2.78 | 34.91 | 7.63 | 1.06 | 13.98 | 0.93 | -21.19 | 0.63 | -48.78 | 0 | 0 | 5.68 | -6.43 | 0.34 | 25.93 | 0 | 0 | 1.54 | 12.41 | 1.88 | 15.34 | 0 | 0 | 1.54 | 12.41 | 0.00 | 0 |
| 2015 (2) | 1.75 | 157.35 | 0.05 | -95.1 | 0.18 | -86.76 | 0 | 0 | 8.88 | -13.53 | 0.73 | 3550.0 | 2.88 | -12.46 | 32.43 | 1.24 | 0.93 | -40.0 | 1.18 | 1.72 | 1.23 | 64.0 | 0.01 | 0.0 | 6.07 | 0.0 | 0.27 | 0.0 | 0 | 0 | 1.37 | 117.46 | 1.63 | 81.11 | 0 | 0 | 1.37 | 117.46 | 0.00 | -36.95 |
| 2014 (1) | 0.68 | -51.43 | 1.02 | -42.05 | 1.36 | 7.09 | 0 | 0 | 10.27 | -7.31 | 0.02 | -96.3 | 3.29 | -3.52 | 32.04 | 4.09 | 1.55 | 7.64 | 1.16 | 2.65 | 0.75 | -36.97 | 0.01 | 0 | 6.07 | 6.12 | 0.27 | 28.57 | 0 | 0 | 0.63 | -35.05 | 0.9 | -23.73 | 0 | 0 | 0.63 | -35.05 | 0.00 | -25.78 |
| 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) | 4.3 | 19.78 | 46.26 | 2.55 | 29.44 | 94.66 | 0.76 | 2.7 | 137.5 | 0 | -100.0 | 0 | 3.71 | 18.91 | 93.23 | 1.14 | 54.05 | 714.29 | 3.59 | -11.14 | 39.69 | 31.97 | -25.3 | -7.33 | 5.24 | 7.38 | 71.24 | 8.15 | 48.72 | 108.97 | 7.26 | 35.7 | 81.05 | 0 | 0 | 0 | 9.24 | 0.0 | 4.05 | 0.09 | 0.0 | 200.0 | 0.07 | 0.0 | 0 | 2.34 | 95.0 | 358.82 | 2.49 | 83.09 | 361.11 | -0.02 | 33.33 | 60.0 | 2.32 | 98.29 | 404.35 | 0.12 | 13.48 | 170.68 |
| 24Q2 (19) | 3.59 | 25.09 | 77.72 | 1.97 | 45.93 | 95.05 | 0.74 | 0.0 | 184.62 | 0.43 | 0 | 0 | 3.12 | 45.79 | 54.46 | 0.74 | 68.18 | 174.07 | 4.04 | 27.85 | 76.42 | 42.80 | 12.95 | 46.14 | 4.88 | 3.17 | 70.03 | 5.48 | 16.1 | 33.33 | 5.35 | 5.73 | 42.67 | 0 | 0 | 0 | 9.24 | 4.05 | 4.05 | 0.09 | 200.0 | 200.0 | 0.07 | 0 | 0 | 1.2 | 6.19 | 224.32 | 1.36 | 18.26 | 240.0 | -0.03 | 40.0 | 62.5 | 1.17 | 8.33 | 303.45 | 0.11 | 26.86 | 0 |
| 24Q1 (18) | 2.87 | -28.43 | 24.78 | 1.35 | -23.73 | 73.08 | 0.74 | 60.87 | 184.62 | 0 | 0 | 0 | 2.14 | -5.31 | 42.67 | 0.44 | 120.0 | 633.33 | 3.16 | 6.4 | 67.2 | 37.89 | -1.77 | 62.18 | 4.73 | 0.0 | 56.62 | 4.72 | 69.18 | 20.1 | 5.06 | 16.06 | 33.16 | 0 | 0 | 0 | 8.88 | 0.0 | 0.91 | 0.03 | 0.0 | 0 | 0 | 0 | 0 | 1.13 | 63.77 | 253.12 | 1.15 | 61.97 | 259.38 | -0.05 | 28.57 | -25.0 | 1.08 | 74.19 | 285.71 | 0.08 | -3.78 | 0 |
| 23Q4 (17) | 4.01 | 36.39 | 13.6 | 1.77 | 35.11 | 80.61 | 0.46 | 43.75 | 76.92 | 0 | 0 | 0 | 2.26 | 17.71 | 12.44 | 0.2 | 42.86 | 122.22 | 2.97 | 15.56 | 25.32 | 38.57 | 11.81 | 29.71 | 4.73 | 54.58 | 60.88 | 2.79 | -28.46 | 10.28 | 4.36 | 8.73 | 12.37 | 0 | 0 | 0 | 8.88 | 0.0 | 0.91 | 0.03 | 0.0 | 0 | 0 | 0 | 0 | 0.69 | 35.29 | 165.38 | 0.71 | 31.48 | 173.08 | -0.07 | -40.0 | -40.0 | 0.62 | 34.78 | 195.24 | 0.09 | 95.4 | 0 |
| 23Q3 (16) | 2.94 | 45.54 | 6.14 | 1.31 | 29.7 | 9.17 | 0.32 | 23.08 | 45.45 | 0 | 0 | 0 | 1.92 | -4.95 | -16.16 | 0.14 | -48.15 | -41.67 | 2.57 | 12.23 | -2.28 | 34.50 | 17.8 | -5.69 | 3.06 | 6.62 | 191.43 | 3.9 | -5.11 | -15.58 | 4.01 | 6.93 | 2.04 | 0 | 0 | 0 | 8.88 | 0.0 | 0.91 | 0.03 | 0.0 | 0 | 0 | 0 | 0 | 0.51 | 37.84 | 200.0 | 0.54 | 35.0 | 217.65 | -0.05 | 37.5 | -25.0 | 0.46 | 58.62 | 253.85 | 0.04 | 0 | 0 |
| 23Q2 (15) | 2.02 | -12.17 | 6.88 | 1.01 | 29.49 | -33.11 | 0.26 | 0.0 | 36.84 | 0 | 0 | 0 | 2.02 | 34.67 | -11.79 | 0.27 | 350.0 | 125.0 | 2.29 | 21.16 | 6.02 | 29.28 | 25.35 | -13.5 | 2.87 | -4.97 | 215.38 | 4.11 | 4.58 | 24.55 | 3.75 | -1.32 | 16.82 | 0 | 0 | 0 | 8.88 | 0.91 | 28.7 | 0.03 | 0 | 0 | 0 | 0 | 0 | 0.37 | 15.62 | 1025.0 | 0.4 | 25.0 | 1100.0 | -0.08 | -100.0 | 0.0 | 0.29 | 3.57 | 341.67 | 0.00 | 0 | 0 |
| 23Q1 (14) | 2.3 | -34.84 | 23.66 | 0.78 | -20.41 | -6.02 | 0.26 | 0.0 | 73.33 | 0 | 0 | 0 | 1.5 | -25.37 | 8.7 | 0.06 | -33.33 | 154.55 | 1.89 | -20.25 | -7.8 | 23.36 | -21.44 | -34.24 | 3.02 | 2.72 | 221.28 | 3.93 | 55.34 | 47.74 | 3.8 | -2.06 | 16.92 | 0 | 0 | 0 | 8.8 | 0.0 | 27.54 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.32 | 23.08 | 141.03 | 0.32 | 23.08 | 210.34 | -0.04 | 20.0 | 42.86 | 0.28 | 33.33 | 132.94 | 0.00 | 0 | 0 |
| 22Q4 (13) | 3.53 | 27.44 | 75.62 | 0.98 | -18.33 | 6.52 | 0.26 | 18.18 | 136.36 | 0 | 0 | 0 | 2.01 | -12.23 | 63.41 | 0.09 | -62.5 | 119.57 | 2.37 | -9.89 | 16.18 | 29.74 | -18.71 | -16.77 | 2.94 | 180.0 | 194.0 | 2.53 | -45.24 | 2.43 | 3.88 | -1.27 | 16.17 | 0 | 0 | 0 | 8.8 | 0.0 | 27.54 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.26 | 52.94 | 140.62 | 0.26 | 52.94 | 285.71 | -0.05 | -25.0 | 73.68 | 0.21 | 61.54 | 125.3 | 0.00 | 0 | 0 |
| 22Q3 (12) | 2.77 | 46.56 | 53.04 | 1.2 | -20.53 | 81.82 | 0.22 | 15.79 | 100.0 | 0 | 0 | 0 | 2.29 | 0.0 | 54.73 | 0.24 | 100.0 | 0 | 2.63 | 21.76 | 4.37 | 36.58 | 8.04 | -9.13 | 1.05 | 15.38 | 36.36 | 4.62 | 40.0 | 124.27 | 3.93 | 22.43 | 29.28 | 0 | 0 | 0 | 8.8 | 27.54 | 27.54 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.17 | 525.0 | 194.44 | 0.17 | 525.0 | -46.88 | -0.04 | 50.0 | 80.95 | 0.13 | 208.33 | 133.33 | 0.00 | 0 | 0 |
| 22Q2 (11) | 1.89 | 1.61 | 103.23 | 1.51 | 81.93 | 55.67 | 0.19 | 26.67 | 72.73 | 0 | 0 | 0 | 2.29 | 65.94 | 36.31 | 0.12 | 209.09 | 500.0 | 2.16 | 5.37 | -16.92 | 33.86 | -4.71 | -16.92 | 0.91 | -3.19 | 56.9 | 3.3 | 24.06 | 161.9 | 3.21 | -1.23 | 3.88 | 0 | 0 | 0 | 6.9 | 0.0 | 23.21 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | -0.04 | 94.87 | 77.78 | -0.04 | 86.21 | -112.5 | -0.08 | -14.29 | 57.89 | -0.12 | 85.88 | 67.57 | 0.00 | 0 | 0 |
| 22Q1 (10) | 1.86 | -7.46 | 93.75 | 0.83 | -9.78 | -33.06 | 0.15 | 36.36 | -84.38 | 0 | 0 | 0 | 1.38 | 12.2 | 4.55 | -0.11 | 76.09 | -175.0 | 2.05 | 0.49 | -24.35 | 35.53 | -0.55 | -19.63 | 0.94 | -6.0 | 18.99 | 2.66 | 7.69 | 111.11 | 3.25 | -2.69 | 54.76 | 0 | 0 | 0 | 6.9 | 0.0 | 23.21 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -0.78 | -21.88 | -457.14 | -0.29 | -107.14 | -182.86 | -0.07 | 63.16 | 66.67 | -0.85 | -2.41 | -142.86 | 0.00 | 0 | 0 |
| 21Q4 (9) | 2.01 | 11.05 | 109.38 | 0.92 | 39.39 | -46.82 | 0.11 | 0.0 | -81.03 | 0 | 0 | 0 | 1.23 | -16.89 | -30.9 | -0.46 | 0 | -4500.0 | 2.04 | -19.05 | -29.17 | 35.73 | -11.25 | -11.92 | 1.0 | 29.87 | 69.49 | 2.47 | 19.9 | 97.6 | 3.34 | 9.87 | 67.0 | 0 | 0 | 0 | 6.9 | 0.0 | 23.21 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -0.64 | -255.56 | -611.11 | -0.14 | -143.75 | -135.0 | -0.19 | 9.52 | -5.56 | -0.83 | -112.82 | -207.41 | 0.00 | 0 | 0 |
| 21Q3 (8) | 1.81 | 94.62 | 50.83 | 0.66 | -31.96 | -72.5 | 0.11 | 0.0 | -82.81 | 0 | 0 | 0 | 1.48 | -11.9 | -7.5 | 0 | 100.0 | 100.0 | 2.52 | -3.08 | -16.28 | 40.26 | -1.22 | 1.37 | 0.77 | 32.76 | -9.41 | 2.06 | 63.49 | 66.13 | 3.04 | -1.62 | 52.0 | 0 | 0 | 0 | 6.9 | 23.21 | 23.21 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -0.18 | 0.0 | -125.0 | 0.32 | 0.0 | -23.81 | -0.21 | -10.53 | 16.0 | -0.39 | -5.41 | -18.18 | 0.00 | 0 | 0 |
| 21Q2 (7) | 0.93 | -3.12 | 165.71 | 0.97 | -21.77 | -46.11 | 0.11 | -88.54 | -84.51 | 0 | 0 | 0 | 1.68 | 27.27 | 17.48 | -0.03 | 25.0 | 87.5 | 2.6 | -4.06 | -21.92 | 40.75 | -7.82 | 0 | 0.58 | -26.58 | -35.56 | 1.26 | 0.0 | 1.61 | 3.09 | 47.14 | 36.12 | 0 | 0 | 0 | 5.6 | 0.0 | 0.0 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -0.18 | -28.57 | -181.82 | 0.32 | -8.57 | -55.56 | -0.19 | 9.52 | 26.92 | -0.37 | -5.71 | -825.0 | 0.00 | 0 | 0 |
| 21Q1 (6) | 0.96 | 0.0 | 50.0 | 1.24 | -28.32 | -25.3 | 0.96 | 65.52 | 24.68 | 0 | 0 | 0 | 1.32 | -25.84 | -42.36 | -0.04 | -300.0 | 83.33 | 2.71 | -5.9 | -29.97 | 44.21 | 8.99 | 0 | 0.79 | 33.9 | -2.47 | 1.26 | 0.8 | 2.44 | 2.1 | 5.0 | -9.09 | 0 | 0 | 0 | 5.6 | 0.0 | 0.0 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -0.14 | -55.56 | -129.79 | 0.35 | -12.5 | -63.54 | -0.21 | -16.67 | 19.23 | -0.35 | -29.63 | -266.67 | 0.00 | 0 | 0 |
| 20Q4 (5) | 0.96 | -20.0 | 74.55 | 1.73 | -27.92 | 20.98 | 0.58 | -9.38 | -19.44 | 0 | 0 | 0 | 1.78 | 11.25 | -21.24 | -0.01 | 96.67 | 66.67 | 2.88 | -4.32 | -24.61 | 40.56 | 2.15 | 0 | 0.59 | -30.59 | -6.35 | 1.25 | 0.81 | 0 | 2.0 | 0.0 | 12.36 | 0 | 0 | 0 | 5.6 | 0.0 | 0.0 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0 | -0.09 | -12.5 | -112.68 | 0.4 | -4.76 | -66.94 | -0.18 | 28.0 | 25.0 | -0.27 | 18.18 | -157.45 | 0.00 | 0 | 0 |
| 20Q3 (4) | 1.2 | 242.86 | 0.0 | 2.4 | 33.33 | 0.0 | 0.64 | -9.86 | 0.0 | 0 | 0 | 0.0 | 1.6 | 11.89 | 0.0 | -0.3 | -25.0 | 0.0 | 3.01 | -9.61 | 0.0 | 39.71 | 0 | 0.0 | 0.85 | -5.56 | 0.0 | 1.24 | 0.0 | 0.0 | 2.0 | -11.89 | 0.0 | 0 | 0 | 0.0 | 5.6 | 0.0 | 0.0 | 0.5 | 0.0 | 0.0 | 0 | 0 | 0.0 | -0.08 | -136.36 | 0.0 | 0.42 | -41.67 | 0.0 | -0.25 | 3.85 | 0.0 | -0.33 | -725.0 | 0.0 | 0.00 | 0 | 0.0 |
