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) | 9.28 | 6.06 | 9.61 | 48.07 | 1.31 | -9.66 | 0 | 0 | 38.12 | 1.84 | 3.86 | -4.69 | 14.88 | 11.63 | 39.03 | 9.61 | 0 | 0 | 8.34 | 10.32 | 17.19 | 1.24 | 0.11 | -21.43 | 7.57 | 1.2 | 2.05 | 28.12 | 0.7 | -6.67 | 2.98 | 16.86 | 5.73 | 16.94 | -0.86 | 0 | 2.12 | 22.54 | 0.02 | -45.02 |
| 2022 (9) | 8.75 | 3.55 | 6.49 | -1.07 | 1.45 | 36.79 | 0 | 0 | 37.43 | 16.46 | 4.05 | 125.0 | 13.33 | 7.5 | 35.61 | -7.69 | 0 | 0 | 7.56 | 9.72 | 16.98 | -3.03 | 0.14 | -6.67 | 7.48 | -6.27 | 1.6 | -9.09 | 0.75 | -23.47 | 2.55 | 0 | 4.9 | 110.3 | -0.82 | 0 | 1.73 | 0 | 0.03 | -17.36 |
| 2021 (8) | 8.45 | -7.45 | 6.56 | 63.18 | 1.06 | -17.83 | 0 | 0 | 32.14 | 5.62 | 1.8 | -31.3 | 12.4 | 13.66 | 38.58 | 7.61 | 0 | 0 | 6.89 | 2.23 | 17.51 | 18.55 | 0.15 | -6.25 | 7.98 | -14.74 | 1.76 | 7.32 | 0.98 | -2.0 | -0.42 | 0 | 2.33 | -46.19 | -0.95 | 0 | -1.37 | 0 | 0.04 | 506.06 |
| 2020 (7) | 9.13 | 13.0 | 4.02 | 0.0 | 1.29 | -93.27 | 0 | 0 | 30.43 | 20.75 | 2.62 | 240.26 | 10.91 | 18.97 | 35.85 | -1.47 | 0 | 0 | 6.74 | 2.12 | 14.77 | 23.29 | 0.16 | 6.67 | 9.36 | 0.0 | 1.64 | 21.48 | 1.0 | 56.25 | 1.7 | -56.96 | 4.33 | -27.1 | -0.92 | 0 | 0.78 | -74.34 | 0.01 | -61.79 |
| 2019 (6) | 8.08 | -2.18 | 4.02 | -25.83 | 19.16 | 52.91 | 0 | 0 | 25.2 | -16.64 | 0.77 | 0 | 9.17 | -11.66 | 36.39 | 5.98 | 0 | 0 | 6.6 | -11.17 | 11.98 | -66.04 | 0.15 | -48.28 | 9.36 | 47.17 | 1.35 | 0.0 | 0.64 | 0.0 | 3.95 | 17.56 | 5.94 | 11.03 | -0.91 | 0 | 3.04 | 14.72 | 0.02 | 96.67 |
| 2018 (5) | 8.26 | -23.94 | 5.42 | -10.26 | 12.53 | 286.73 | 0 | 0 | 30.23 | 7.05 | -1.9 | 0 | 10.38 | -0.76 | 34.34 | -7.3 | 0 | 0 | 7.43 | 8.47 | 35.28 | 2.41 | 0.29 | 3.57 | 6.36 | 0.16 | 1.35 | 16.38 | 0.64 | 0.0 | 3.36 | -43.72 | 5.35 | -31.15 | -0.71 | 0 | 2.65 | -50.28 | 0.01 | -78.26 |
| 2017 (4) | 10.86 | 62.57 | 6.04 | 104.05 | 3.24 | 252.17 | 0 | 0 | 28.24 | 20.48 | 1.91 | -17.32 | 10.46 | 47.95 | 37.04 | 22.8 | 0 | 0 | 6.85 | 9.42 | 34.45 | 104.94 | 0.28 | -17.65 | 6.35 | 21.18 | 1.16 | 24.73 | 0.64 | 0.0 | 5.97 | 7.37 | 7.77 | 9.13 | -0.64 | 0 | 5.33 | 2.3 | 0.04 | -55.45 |
| 2016 (3) | 6.68 | 11.52 | 2.96 | 55.79 | 0.92 | 41.54 | 0 | 0 | 23.44 | 16.04 | 2.31 | -28.92 | 7.07 | 0.57 | 30.16 | -13.33 | 0 | 0 | 6.26 | 43.25 | 16.81 | 92.11 | 0.34 | -2.86 | 5.24 | 11.73 | 0.93 | 55.0 | 0.64 | 0.0 | 5.56 | -14.59 | 7.12 | -8.13 | -0.35 | 0 | 5.21 | -24.27 | 0.08 | 11.83 |
| 2015 (2) | 5.99 | -8.27 | 1.9 | -26.36 | 0.65 | 27.45 | 0 | 0 | 20.2 | 9.6 | 3.25 | 48.4 | 7.03 | 40.6 | 34.80 | 28.28 | 0 | 0 | 4.37 | 0 | 8.75 | 42.97 | 0.35 | 94.44 | 4.69 | 1.96 | 0.6 | 57.89 | 0.64 | 0.0 | 6.51 | 50.69 | 7.75 | 45.13 | 0.37 | -19.57 | 6.88 | 43.93 | 0.07 | -38.26 |
| 2014 (1) | 6.53 | 22.06 | 2.58 | 19.44 | 0.51 | -61.07 | 0 | 0 | 18.43 | 12.79 | 2.19 | 148.86 | 5.0 | 9.89 | 27.13 | -2.57 | 0.02 | 0.0 | 0 | 0 | 6.12 | 123.36 | 0.18 | 0.0 | 4.6 | 0.22 | 0.38 | 26.67 | 0.64 | 0.0 | 4.32 | 60.59 | 5.34 | 47.51 | 0.46 | 0 | 4.78 | 85.27 | 0.12 | -30.01 |
| 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) | 7.98 | 5.98 | -6.12 | 8.19 | 11.73 | -9.1 | 0.77 | -36.36 | -39.37 | 0 | 0 | 0 | 11.16 | 5.98 | 19.61 | 0.85 | -50.58 | -7.61 | 16.56 | 0.91 | 0.55 | 39.79 | -3.52 | -6.53 | 0 | 0 | 0 | 7.27 | -0.27 | -11.34 | 19.2 | 5.38 | 9.22 | 0.12 | -7.69 | 0.0 | 7.48 | -0.53 | -2.35 | 2.31 | 7.94 | 17.86 | 0.68 | -2.86 | -21.84 | 3.62 | -6.7 | 12.07 | 6.61 | -1.78 | 9.08 | -1.03 | -51.47 | -47.14 | 2.59 | -19.06 | 2.37 | 0.01 | 3.42 | -30.86 |
| 24Q2 (19) | 7.53 | 5.46 | -2.71 | 7.33 | -12.32 | 9.57 | 1.21 | -0.82 | -37.63 | 0 | 0 | 0 | 10.53 | -1.5 | 8.22 | 1.72 | 29.32 | 13.91 | 16.41 | 7.96 | 4.66 | 41.24 | 5.79 | 2.87 | 0 | 0 | 0 | 7.29 | -13.21 | -10.33 | 18.22 | 11.37 | 5.62 | 0.13 | 18.18 | 8.33 | 7.52 | 1.35 | -3.09 | 2.14 | 2.39 | 18.89 | 0.7 | -18.6 | -11.39 | 3.88 | 39.07 | 17.58 | 6.73 | 17.25 | 14.07 | -0.68 | 2.86 | 21.84 | 3.2 | 53.11 | 31.69 | 0.01 | -7.07 | -28.28 |
| 24Q1 (18) | 7.14 | -23.06 | -6.05 | 8.36 | -13.01 | 30.42 | 1.22 | -6.87 | -26.95 | 0 | 0 | 0 | 10.69 | 15.69 | 8.97 | 1.33 | 195.56 | 35.71 | 15.2 | 2.15 | 14.11 | 38.98 | -0.15 | 12.65 | 0 | 0 | 0 | 8.4 | 0.72 | 8.67 | 16.36 | -4.83 | -2.33 | 0.11 | 0.0 | -15.38 | 7.42 | -1.98 | -0.8 | 2.09 | 1.95 | 22.22 | 0.86 | 22.86 | 4.88 | 2.79 | -6.38 | 7.31 | 5.74 | 0.17 | 11.89 | -0.7 | 18.6 | 11.39 | 2.09 | -1.42 | 15.47 | 0.01 | -19.92 | -43.87 |
| 23Q4 (17) | 9.28 | 9.18 | 6.06 | 9.61 | 6.66 | 48.07 | 1.31 | 3.15 | -9.66 | 0 | 0 | 0 | 9.24 | -0.96 | -5.91 | 0.45 | -51.09 | -52.63 | 14.88 | -9.65 | 11.63 | 39.04 | -8.28 | 9.64 | 0 | 0 | 0 | 8.34 | 1.71 | 10.32 | 17.19 | -2.22 | 1.24 | 0.11 | -8.33 | -21.43 | 7.57 | -1.17 | 1.2 | 2.05 | 4.59 | 28.12 | 0.7 | -19.54 | -6.67 | 2.98 | -7.74 | 16.86 | 5.73 | -5.45 | 16.94 | -0.86 | -22.86 | -4.88 | 2.12 | -16.21 | 22.54 | 0.02 | -10.16 | -45.02 |
| 23Q3 (16) | 8.5 | 9.82 | -12.01 | 9.01 | 34.68 | 24.79 | 1.27 | -34.54 | -23.03 | 0 | 0 | 0 | 9.33 | -4.11 | -4.31 | 0.92 | -39.07 | -32.35 | 16.47 | 5.04 | 31.87 | 42.57 | 6.18 | 23.99 | 0 | 0 | 0 | 8.2 | 0.86 | 10.36 | 17.58 | 1.91 | -3.35 | 0.12 | 0.0 | -25.0 | 7.66 | -1.29 | 2.41 | 1.96 | 8.89 | 43.07 | 0.87 | 10.13 | -8.42 | 3.23 | -2.12 | 39.83 | 6.06 | 2.71 | 30.6 | -0.7 | 19.54 | 6.67 | 2.53 | 4.12 | 62.18 | 0.02 | 7.28 | -42.92 |
| 23Q2 (15) | 7.74 | 1.84 | -5.49 | 6.69 | 4.37 | 17.57 | 1.94 | 16.17 | 33.79 | 0 | 0 | 0 | 9.73 | -0.82 | 6.81 | 1.51 | 54.08 | 65.93 | 15.68 | 17.72 | 26.66 | 40.09 | 15.85 | 12.67 | 0 | 0 | 0 | 8.13 | 5.17 | 13.71 | 17.25 | 2.99 | -10.16 | 0.12 | -7.69 | -20.0 | 7.76 | 3.74 | 3.74 | 1.8 | 5.26 | 31.39 | 0.79 | -3.66 | -16.84 | 3.3 | 26.92 | 247.37 | 5.9 | 15.01 | 80.43 | -0.87 | -10.13 | -6.1 | 2.43 | 34.25 | 1769.23 | 0.02 | -27.27 | -51.22 |
| 23Q1 (14) | 7.6 | -13.14 | -13.64 | 6.41 | -1.23 | -20.37 | 1.67 | 15.17 | 56.07 | 0 | 0 | 0 | 9.81 | -0.1 | 12.11 | 0.98 | 3.16 | 19.51 | 13.32 | -0.08 | 1.14 | 34.61 | -2.83 | -12.26 | 0 | 0 | 0 | 7.73 | 2.25 | 9.96 | 16.75 | -1.35 | -5.37 | 0.13 | -7.14 | -13.33 | 7.48 | 0.0 | -6.27 | 1.71 | 6.88 | -2.84 | 0.82 | 9.33 | -13.68 | 2.6 | 1.96 | 490.91 | 5.13 | 4.69 | 63.38 | -0.79 | 3.66 | 0.0 | 1.81 | 4.62 | 617.14 | 0.02 | -21.57 | -33.64 |
| 22Q4 (13) | 8.75 | -9.42 | 3.55 | 6.49 | -10.11 | -1.07 | 1.45 | -12.12 | 36.79 | 0 | 0 | 0 | 9.82 | 0.72 | 11.97 | 0.95 | -30.15 | 187.88 | 13.33 | 6.73 | 7.5 | 35.61 | 3.73 | -7.72 | 0 | 0 | 0 | 7.56 | 1.75 | 9.72 | 16.98 | -6.65 | -3.03 | 0.14 | -12.5 | -6.67 | 7.48 | 0.0 | -6.27 | 1.6 | 16.79 | -9.09 | 0.75 | -21.05 | -23.47 | 2.55 | 10.39 | 707.14 | 4.9 | 5.6 | 110.3 | -0.82 | -9.33 | 13.68 | 1.73 | 10.9 | 226.28 | 0.03 | -6.72 | -17.36 |
| 22Q3 (12) | 9.66 | 17.95 | 11.42 | 7.22 | 26.89 | 8.9 | 1.65 | 13.79 | 50.0 | 0 | 0 | 0 | 9.75 | 7.03 | 19.49 | 1.36 | 49.45 | 151.85 | 12.49 | 0.89 | -2.35 | 34.33 | -3.52 | -16.6 | 0 | 0 | 0 | 7.43 | 3.92 | 10.24 | 18.19 | -5.26 | 16.53 | 0.16 | 6.67 | 6.67 | 7.48 | 0.0 | -15.58 | 1.37 | 0.0 | -22.16 | 0.95 | 0.0 | -3.06 | 2.31 | 143.16 | 320.0 | 4.64 | 41.9 | 41.03 | -0.75 | 8.54 | 24.24 | 1.56 | 1100.0 | 454.55 | 0.03 | -8.32 | -12.86 |
| 22Q2 (11) | 8.19 | -6.93 | -4.77 | 5.69 | -29.32 | -9.11 | 1.45 | 35.51 | 25.0 | 0 | 0 | 0 | 9.11 | 4.11 | 18.16 | 0.91 | 10.98 | 139.47 | 12.38 | -6.0 | 8.41 | 35.58 | -9.78 | -4.65 | 0 | 0 | 0 | 7.15 | 1.71 | 4.69 | 19.2 | 8.47 | 60.27 | 0.15 | 0.0 | -6.25 | 7.48 | -6.27 | -20.09 | 1.37 | -22.16 | -20.35 | 0.95 | 0.0 | 2.15 | 0.95 | 115.91 | -9.52 | 3.27 | 4.14 | -11.62 | -0.82 | -3.8 | 16.33 | 0.13 | 137.14 | 85.71 | 0.04 | -1.07 | 10.79 |
| 22Q1 (10) | 8.8 | 4.14 | -16.19 | 8.05 | 22.71 | 115.24 | 1.07 | 0.94 | -6.14 | 0 | 0 | 0 | 8.75 | -0.23 | 16.82 | 0.82 | 148.48 | 51.85 | 13.17 | 6.21 | 30.65 | 39.44 | 2.2 | 19.27 | 0 | 0 | 0 | 7.03 | 2.03 | 3.69 | 17.7 | 1.09 | 40.59 | 0.15 | 0.0 | -6.25 | 7.98 | 0.0 | -14.74 | 1.76 | 0.0 | 5.39 | 0.95 | -3.06 | 3.26 | 0.44 | 204.76 | -74.42 | 3.14 | 34.76 | -27.15 | -0.79 | 16.84 | 15.05 | -0.35 | 74.45 | -144.3 | 0.04 | -2.32 | 0.15 |
| 21Q4 (9) | 8.45 | -2.54 | -7.45 | 6.56 | -1.06 | 63.18 | 1.06 | -3.64 | -17.83 | 0 | 0 | 0 | 8.77 | 7.48 | 13.75 | 0.33 | -38.89 | 0.0 | 12.4 | -3.05 | 13.66 | 38.59 | -6.25 | 7.61 | 0 | 0 | 0 | 6.89 | 2.23 | 2.23 | 17.51 | 12.17 | 18.55 | 0.15 | 0.0 | -6.25 | 7.98 | -9.93 | -14.74 | 1.76 | 0.0 | 7.32 | 0.98 | 0.0 | -2.0 | -0.42 | -176.36 | -124.71 | 2.33 | -29.18 | -46.19 | -0.95 | 4.04 | -3.26 | -1.37 | -211.36 | -275.64 | 0.04 | -1.64 | 506.06 |
| 21Q3 (8) | 8.67 | 0.81 | -54.7 | 6.63 | 5.91 | 206.94 | 1.1 | -5.17 | -92.98 | 0 | 0 | 0 | 8.16 | 5.84 | 6.11 | 0.54 | 42.11 | -36.47 | 12.79 | 12.0 | 15.96 | 41.17 | 10.3 | -13.38 | 0 | 0 | 0 | 6.74 | -1.32 | 1.81 | 15.61 | 30.3 | 20.91 | 0.15 | -6.25 | -6.25 | 8.86 | -5.34 | -5.34 | 1.76 | 2.33 | 13.55 | 0.98 | 5.38 | -7.55 | 0.55 | -47.62 | -76.5 | 3.29 | -11.08 | -33.54 | -0.99 | -1.02 | 1.0 | -0.44 | -728.57 | -132.84 | 0.04 | 16.56 | 399.95 |
| 21Q2 (7) | 8.6 | -18.1 | -54.21 | 6.26 | 67.38 | 193.9 | 1.16 | 1.75 | -92.75 | 0 | 0 | 0 | 7.71 | 2.94 | 1.58 | 0.38 | -29.63 | -49.33 | 11.42 | 13.29 | 10.13 | 37.32 | 12.85 | 0 | 0 | 0 | 0 | 6.83 | 0.74 | 4.27 | 11.98 | -4.85 | -16.52 | 0.16 | 0.0 | 0.0 | 9.36 | 0.0 | 0.0 | 1.72 | 2.99 | 21.99 | 0.93 | 1.09 | 2.2 | 1.05 | -38.95 | -67.19 | 3.7 | -14.15 | -32.97 | -0.98 | -5.38 | 7.55 | 0.07 | -91.14 | -96.73 | 0.03 | -10.57 | 172.58 |
| 21Q1 (6) | 10.5 | 15.01 | -44.68 | 3.74 | -6.97 | -2.86 | 1.14 | -11.63 | -94.15 | 0 | 0 | 0 | 7.49 | -2.85 | 0.81 | 0.54 | 63.64 | -22.86 | 10.08 | -7.61 | 0.6 | 33.07 | -7.79 | 0 | 0 | 0 | 0 | 6.78 | 0.59 | 3.51 | 12.59 | -14.76 | 13.83 | 0.16 | 0.0 | 23.08 | 9.36 | 0.0 | 0.0 | 1.67 | 1.83 | 23.7 | 0.92 | -8.0 | 43.75 | 1.72 | 1.18 | -63.01 | 4.31 | -0.46 | -35.09 | -0.93 | -1.09 | 0.0 | 0.79 | 1.28 | -78.76 | 0.04 | 491.11 | 152.2 |
| 20Q4 (5) | 9.13 | -52.3 | 13.0 | 4.02 | 86.11 | 0.0 | 1.29 | -91.77 | -93.27 | 0 | 0 | 0 | 7.71 | 0.26 | 1442.0 | 0.33 | -61.18 | -80.92 | 10.91 | -1.09 | 18.97 | 35.86 | -24.53 | 0 | 0 | 0 | 0 | 6.74 | 1.81 | 2.12 | 14.77 | 14.41 | 23.29 | 0.16 | 0.0 | 6.67 | 9.36 | 0.0 | 0.0 | 1.64 | 5.81 | 21.48 | 1.0 | -5.66 | 56.25 | 1.7 | -27.35 | -56.96 | 4.33 | -12.53 | -27.1 | -0.92 | 8.0 | -1.1 | 0.78 | -41.79 | -74.34 | 0.01 | -18.86 | -61.79 |
| 20Q3 (4) | 19.14 | 1.92 | 0.0 | 2.16 | 1.41 | 0.0 | 15.68 | -2.0 | 0.0 | 0 | 0 | 0.0 | 7.69 | 1.32 | 0.0 | 0.85 | 13.33 | 0.0 | 11.03 | 6.36 | 0.0 | 47.52 | 0 | 0.0 | 0 | 0 | 0.0 | 6.62 | 1.07 | 0.0 | 12.91 | -10.03 | 0.0 | 0.16 | 0.0 | 0.0 | 9.36 | 0.0 | 0.0 | 1.55 | 9.93 | 0.0 | 1.06 | 16.48 | 0.0 | 2.34 | -26.88 | 0.0 | 4.95 | -10.33 | 0.0 | -1.0 | 5.66 | 0.0 | 1.34 | -37.38 | 0.0 | 0.01 | -36.45 | 0.0 |
