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) | 21.34 | 21.46 | 6.9 | -32.35 | 0.44 | -69.44 | 0 | 0 | 41.38 | -14.42 | -1.29 | 0 | 12.83 | -7.5 | 31.01 | 8.08 | 3.95 | -20.52 | 0 | 0 | 4.61 | 27.0 | 0.37 | -40.32 | 13.2 | 0.0 | 0.57 | 0.0 | 0 | 0 | -0.88 | 0 | -0.31 | 0 | 0.18 | -10.0 | -0.7 | 0 | 0.01 | 0.07 |
| 2022 (9) | 17.57 | -4.61 | 10.2 | -8.93 | 1.44 | 75.61 | 0 | 0 | 48.35 | -9.12 | -1.57 | 0 | 13.87 | -15.58 | 28.69 | -7.11 | 4.97 | -24.7 | 0 | 0 | 3.63 | -35.87 | 0.62 | -1.59 | 13.2 | 0.0 | 0.57 | 1.79 | 0.64 | 39.13 | -0.14 | 0 | 1.07 | -62.46 | 0.2 | 0 | 0.06 | -94.96 | 0.01 | -18.93 |
| 2021 (8) | 18.42 | 5.86 | 11.2 | 17.03 | 0.82 | -67.72 | 0 | 0 | 53.2 | 4.46 | 0.24 | -72.09 | 16.43 | -18.18 | 30.88 | -21.67 | 6.6 | 11.11 | 0 | 0 | 5.66 | 31.32 | 0.63 | 50.0 | 13.2 | 0.0 | 0.56 | 27.27 | 0.46 | -37.84 | 1.83 | -15.28 | 2.85 | -14.67 | -0.64 | 0 | 1.19 | -30.0 | 0.01 | 65.59 |
| 2020 (7) | 17.4 | 3.63 | 9.57 | 0.31 | 2.54 | 133.03 | 0 | 0 | 50.93 | 1.86 | 0.86 | 177.42 | 20.08 | 31.59 | 39.43 | 29.18 | 5.94 | 42.11 | 0.2 | -44.44 | 4.31 | 41.78 | 0.42 | 10.53 | 13.2 | 0.0 | 0.44 | 7.32 | 0.74 | 0 | 2.16 | -1.82 | 3.34 | 27.97 | -0.46 | 0 | 1.7 | 16.44 | 0.01 | 3.74 |
| 2019 (6) | 16.79 | 14.37 | 9.54 | 37.86 | 1.09 | 45.33 | 0 | 0 | 50.0 | 3.61 | 0.31 | 3000.0 | 15.26 | 3.67 | 30.52 | 0.06 | 4.18 | -35.29 | 0.36 | 111.76 | 3.04 | 19.69 | 0.38 | 5.56 | 13.2 | 0.0 | 0.41 | 0.0 | 0 | 0 | 2.2 | 0.92 | 2.61 | 0.77 | -0.74 | 0 | 1.46 | -42.06 | 0.01 | -16.19 |
| 2018 (5) | 14.68 | 48.43 | 6.92 | 67.96 | 0.75 | 212.5 | 0 | 0 | 48.26 | -10.36 | 0.01 | -99.54 | 14.72 | -19.78 | 30.50 | -10.51 | 6.46 | 0.31 | 0.17 | 0 | 2.54 | 84.06 | 0.36 | -20.0 | 13.2 | 0.38 | 0.41 | 105.0 | 0 | 0 | 2.18 | -27.33 | 2.59 | -18.81 | 0.34 | -71.43 | 2.52 | -39.86 | 0.01 | -0.99 |
| 2017 (4) | 9.89 | 26.15 | 4.12 | -26.43 | 0.24 | -4.0 | 0 | 0 | 53.84 | 4.14 | 2.17 | 85.47 | 18.35 | 14.33 | 34.08 | 9.79 | 6.44 | 9.52 | 0 | 0 | 1.38 | 961.54 | 0.45 | 2.27 | 13.15 | 1.0 | 0.2 | 150.0 | 0 | 0 | 3.0 | 123.88 | 3.19 | 124.65 | 1.19 | -17.36 | 4.19 | 50.72 | 0.01 | -57.05 |
| 2016 (3) | 7.84 | -13.18 | 5.6 | -58.76 | 0.25 | -16.67 | 0 | 0 | 51.7 | -12.61 | 1.17 | 50.0 | 16.05 | -11.42 | 31.04 | 1.36 | 5.88 | 4.44 | 0 | 0 | 0.13 | 160.0 | 0.44 | -20.0 | 13.02 | 0.0 | 0.08 | 0 | 0 | 0 | 1.34 | 69.62 | 1.42 | 79.75 | 1.44 | -61.8 | 2.78 | -39.04 | 0.01 | -41.77 |
| 2015 (2) | 9.03 | 35.59 | 13.58 | 32.23 | 0.3 | 20.0 | 0 | 0 | 59.16 | 21.75 | 0.78 | 0 | 18.12 | 3.84 | 30.63 | -14.71 | 5.63 | -12.85 | 0 | 0 | 0.05 | -85.71 | 0.55 | 3.77 | 13.02 | 0.08 | 0 | 0 | 0 | 0 | 0.79 | 0 | 0.79 | 0 | 3.77 | -3.58 | 4.56 | 141.27 | 0.02 | 8.93 |
| 2014 (1) | 6.66 | 9.18 | 10.27 | 5.12 | 0.25 | 4.17 | 0 | 0 | 48.59 | -5.76 | -1.93 | 0 | 17.45 | 0.06 | 35.91 | 6.17 | 6.46 | 14.13 | 0 | 0 | 0.35 | 483.33 | 0.53 | 35.9 | 13.01 | 0.7 | 0 | 0 | 0 | 0 | -2.02 | 0 | -2.02 | 0 | 3.91 | 29.47 | 1.89 | 8.62 | 0.02 | 295.1 |
| 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) | 16.53 | -11.41 | 6.1 | 6.04 | -0.17 | -17.26 | 1.43 | 232.56 | 276.32 | 0 | 0 | 0 | 12.08 | 17.17 | -7.79 | 0.15 | 7.14 | 15.38 | 13.17 | 10.95 | -7.97 | 30.19 | 13.55 | -10.92 | 3.79 | -6.88 | -3.81 | 0 | 0 | 0 | 3.07 | -29.1 | -35.1 | 0.4 | 11.11 | 5.26 | 13.2 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 0.38 | 72.73 | 134.55 | 0.38 | 72.73 | 171.7 | 1.01 | 32.89 | -5.61 | 1.39 | 41.84 | 4733.33 | 0.01 | -1.77 | -17.76 |
| 24Q2 (19) | 18.66 | -7.85 | 24.57 | 6.05 | -17.8 | -35.57 | 0.43 | -12.24 | -63.56 | 0 | 0 | 0 | 10.31 | 3.41 | 18.37 | 0.14 | 55.56 | 122.95 | 11.87 | -2.47 | 25.08 | 26.59 | -5.96 | 24.91 | 4.07 | 18.66 | -6.65 | 0 | 0 | 0 | 4.33 | -3.56 | 12.18 | 0.36 | 0.0 | -5.26 | 13.2 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 0.22 | 127.5 | 118.97 | 0.22 | 200.0 | 137.93 | 0.76 | 16.92 | 642.86 | 0.98 | 753.33 | 175.38 | 0.01 | -1.06 | -21.08 |
| 24Q1 (18) | 20.25 | -5.11 | 54.82 | 7.36 | 6.67 | -14.32 | 0.49 | 11.36 | -59.5 | 0 | 0 | 0 | 9.97 | -11.46 | 19.98 | 0.09 | -60.87 | 108.57 | 12.17 | -5.14 | 22.07 | 28.28 | -8.8 | 25.67 | 3.43 | -13.16 | -23.44 | 0 | 0 | 0 | 4.49 | -2.6 | 21.02 | 0.36 | -2.7 | -43.75 | 13.2 | 0.0 | 0.0 | 0.57 | 0.0 | 0.0 | 0 | 0 | -100.0 | -0.8 | 9.09 | 32.77 | -0.22 | 29.03 | -1200.0 | 0.65 | 261.11 | 41.3 | -0.15 | 78.57 | 79.45 | 0.01 | -12.56 | -20.5 |
| 23Q4 (17) | 21.34 | 36.97 | 21.46 | 6.9 | -5.48 | -32.35 | 0.44 | 15.79 | -69.44 | 0 | 0 | 0 | 11.26 | -14.05 | -6.94 | 0.23 | 76.92 | 182.14 | 12.83 | -10.34 | -7.5 | 31.01 | -8.52 | 8.11 | 3.95 | 0.25 | -20.52 | 0 | 0 | 0 | 4.61 | -2.54 | 27.0 | 0.37 | -2.63 | -40.32 | 13.2 | 0.0 | 0.0 | 0.57 | 0.0 | 0.0 | 0 | 0 | -100.0 | -0.88 | 20.0 | -528.57 | -0.31 | 41.51 | -128.97 | 0.18 | -83.18 | -10.0 | -0.7 | -2233.33 | -1266.67 | 0.01 | -3.22 | 0.07 |
| 23Q3 (16) | 15.58 | 4.01 | 18.75 | 7.3 | -22.26 | -35.96 | 0.38 | -67.8 | -72.06 | 0 | 0 | 0 | 13.1 | 50.4 | -15.27 | 0.13 | 121.31 | -76.36 | 14.31 | 50.79 | -16.36 | 33.89 | 59.22 | 0.55 | 3.94 | -9.63 | -32.76 | 0 | 0 | 0 | 4.73 | 22.54 | 31.39 | 0.38 | 0.0 | -39.68 | 13.2 | 0.0 | 0.0 | 0.57 | 0.0 | 0.0 | 0 | 0 | -100.0 | -1.1 | 5.17 | -3766.67 | -0.53 | 8.62 | -142.74 | 1.07 | 864.29 | 72.58 | -0.03 | 97.69 | -104.62 | 0.01 | -5.75 | -0.13 |
| 23Q2 (15) | 14.98 | 14.53 | 20.51 | 9.39 | 9.31 | -13.85 | 1.18 | -2.48 | 43.9 | 0 | 0 | 0 | 8.71 | 4.81 | 3.2 | -0.61 | 41.9 | 56.74 | 9.49 | -4.81 | -4.33 | 21.29 | -5.39 | 4.4 | 4.36 | -2.68 | -32.82 | 0 | 0 | 0 | 3.86 | 4.04 | -26.48 | 0.38 | -40.62 | -38.71 | 13.2 | 0.0 | 0.0 | 0.57 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | -1.16 | 2.52 | -123.08 | -0.58 | -3000.0 | -184.06 | -0.14 | -130.43 | -163.64 | -1.3 | -78.08 | -333.33 | 0.01 | -0.33 | -3.96 |
| 23Q1 (14) | 13.08 | -25.55 | 43.11 | 8.59 | -15.78 | -21.91 | 1.21 | -15.97 | 45.78 | 0 | 0 | 0 | 8.31 | -31.32 | -32.77 | -1.05 | -275.0 | -150.0 | 9.97 | -28.12 | -31.52 | 22.50 | -21.55 | -18.9 | 4.48 | -9.86 | -30.97 | 0 | 0 | 0 | 3.71 | 2.2 | -31.93 | 0.64 | 3.23 | 1.59 | 13.2 | 0.0 | 0.0 | 0.57 | 0.0 | 1.79 | 0.64 | 0.0 | 39.13 | -1.19 | -750.0 | -184.4 | 0.02 | -98.13 | -99.18 | 0.46 | 130.0 | -38.67 | -0.73 | -1316.67 | -133.8 | 0.01 | 10.07 | -7.26 |
| 22Q4 (13) | 17.57 | 33.92 | -4.61 | 10.2 | -10.53 | -8.93 | 1.44 | 5.88 | 75.61 | 0 | 0 | 0 | 12.1 | -21.73 | -16.55 | -0.28 | -150.91 | -247.37 | 13.87 | -18.94 | -15.58 | 28.68 | -14.91 | -7.13 | 4.97 | -15.19 | -24.7 | 0 | 0 | 0 | 3.63 | 0.83 | -35.87 | 0.62 | -1.59 | -1.59 | 13.2 | 0.0 | 0.0 | 0.57 | 0.0 | 1.79 | 0.64 | 0.0 | 39.13 | -0.14 | -566.67 | -107.65 | 1.07 | -13.71 | -62.46 | 0.2 | -67.74 | 131.25 | 0.06 | -90.77 | -94.96 | 0.01 | -3.41 | -18.93 |
| 22Q3 (12) | 13.12 | 5.55 | 63.39 | 11.4 | 4.59 | 7.55 | 1.36 | 65.85 | 40.21 | 0 | 0 | 0 | 15.46 | 83.18 | 15.81 | 0.55 | 139.01 | 257.14 | 17.11 | 72.48 | 10.03 | 33.71 | 65.31 | 20.89 | 5.86 | -9.71 | -21.87 | 0 | 0 | -100.0 | 3.6 | -31.43 | -33.58 | 0.63 | 1.61 | 70.27 | 13.2 | 0.0 | 0.0 | 0.57 | 0.0 | 1.79 | 0.64 | 0.0 | 39.13 | 0.03 | 105.77 | -98.25 | 1.24 | 79.71 | -54.58 | 0.62 | 181.82 | 165.96 | 0.65 | 316.67 | -15.58 | 0.01 | -9.36 | 23.32 |
| 22Q2 (11) | 12.43 | 36.0 | 32.8 | 10.9 | -0.91 | 11.22 | 0.82 | -1.2 | -57.51 | 0 | 0 | 0 | 8.44 | -31.72 | -31.21 | -1.41 | -235.71 | -883.33 | 9.92 | -31.87 | -29.4 | 20.39 | -26.5 | -14.74 | 6.49 | 0.0 | -7.81 | 0 | 0 | -100.0 | 5.25 | -3.67 | 28.05 | 0.62 | -1.59 | 58.97 | 13.2 | 0.0 | 0.0 | 0.57 | 1.79 | 29.55 | 0.64 | 39.13 | -13.51 | -0.52 | -136.88 | -120.39 | 0.69 | -71.6 | -81.55 | 0.22 | -70.67 | 126.19 | -0.3 | -113.89 | -117.54 | 0.01 | -3.76 | 53.4 |
| 22Q1 (10) | 9.14 | -50.38 | 5.42 | 11.0 | -1.79 | 35.47 | 0.83 | 1.22 | -70.67 | 0 | 0 | 0 | 12.36 | -14.76 | -5.5 | -0.42 | -321.05 | -290.91 | 14.56 | -11.38 | -11.54 | 27.74 | -10.17 | -2.44 | 6.49 | -1.67 | -2.7 | 0 | 0 | -100.0 | 5.45 | -3.71 | 25.0 | 0.63 | 0.0 | 53.66 | 13.2 | 0.0 | 0.0 | 0.56 | 0.0 | 27.27 | 0.46 | 0.0 | -37.84 | 1.41 | -22.95 | -40.51 | 2.43 | -14.74 | -31.74 | 0.75 | 217.19 | 215.38 | 2.16 | 81.51 | 25.58 | 0.01 | -3.78 | 59.46 |
| 21Q4 (9) | 18.42 | 129.39 | 5.86 | 11.2 | 5.66 | 17.03 | 0.82 | -15.46 | -67.72 | 0 | 0 | 0 | 14.5 | 8.61 | -15.06 | 0.19 | 154.29 | -78.89 | 16.43 | 5.66 | -18.18 | 30.88 | 10.76 | -21.65 | 6.6 | -12.0 | 11.11 | 0 | -100.0 | -100.0 | 5.66 | 4.43 | 31.32 | 0.63 | 70.27 | 50.0 | 13.2 | 0.0 | 0.0 | 0.56 | 0.0 | 27.27 | 0.46 | 0.0 | -37.84 | 1.83 | 7.02 | -15.28 | 2.85 | 4.4 | -14.67 | -0.64 | 31.91 | -39.13 | 1.19 | 54.55 | -30.0 | 0.01 | 46.93 | 65.59 |
| 21Q3 (8) | 8.03 | -14.21 | -19.78 | 10.6 | 8.16 | -3.37 | 0.97 | -49.74 | -40.85 | 0 | 0 | 0 | 13.35 | 8.8 | -18.25 | -0.35 | -294.44 | -131.25 | 15.55 | 10.68 | -16.62 | 27.88 | 16.59 | -29.82 | 7.5 | 6.53 | 22.35 | 0.15 | -11.76 | -21.05 | 5.42 | 32.2 | 24.03 | 0.37 | -5.13 | 0.0 | 13.2 | 0.0 | 0.0 | 0.56 | 27.27 | 27.27 | 0.46 | -37.84 | -37.84 | 1.71 | -32.94 | 72.73 | 2.73 | -27.01 | 25.81 | -0.94 | -11.9 | 24.19 | 0.77 | -54.97 | 408.0 | 0.01 | 12.75 | 12.34 |
| 21Q2 (7) | 9.36 | 7.96 | -45.45 | 9.8 | 20.69 | -6.84 | 1.93 | -31.8 | 17.68 | 0 | 0 | 0 | 12.27 | -6.19 | 7.63 | 0.18 | -18.18 | -53.85 | 14.05 | -14.64 | 6.93 | 23.91 | -15.91 | 0 | 7.04 | 5.55 | 41.08 | 0.17 | -5.56 | -19.05 | 4.1 | -5.96 | -21.9 | 0.39 | -4.88 | 2.63 | 13.2 | 0.0 | 0.0 | 0.44 | 0.0 | 0 | 0.74 | 0.0 | 0 | 2.55 | 7.59 | 0 | 3.74 | 5.06 | 256.19 | -0.84 | -29.23 | 55.08 | 1.71 | -0.58 | 191.44 | 0.01 | 0.04 | 0.12 |
| 21Q1 (6) | 8.67 | -50.17 | -10.06 | 8.12 | -15.15 | -13.25 | 2.83 | 11.42 | 72.56 | 0 | 0 | 0 | 13.08 | -23.37 | 113.03 | 0.22 | -75.56 | 114.19 | 16.46 | -18.03 | 83.71 | 28.44 | -27.86 | 0 | 6.67 | 12.29 | 52.28 | 0.18 | -10.0 | -14.29 | 4.36 | 1.16 | -19.41 | 0.41 | -2.38 | 13.89 | 13.2 | 0.0 | 0.0 | 0.44 | 0.0 | 0 | 0.74 | 0.0 | 0 | 2.37 | 9.72 | 0 | 3.56 | 6.59 | 235.85 | -0.65 | -41.3 | 53.57 | 1.72 | 1.18 | 222.86 | 0.01 | -0.08 | 2.39 |
| 20Q4 (5) | 17.4 | 73.83 | 3.63 | 9.57 | -12.76 | 0.31 | 2.54 | 54.88 | 133.03 | 0 | 0 | 0 | 17.07 | 4.53 | 30.6 | 0.9 | -19.64 | 291.3 | 20.08 | 7.67 | 31.59 | 39.42 | -0.79 | 0 | 5.94 | -3.1 | 42.11 | 0.2 | 5.26 | -44.44 | 4.31 | -1.37 | 41.78 | 0.42 | 13.51 | 10.53 | 13.2 | 0.0 | 0.0 | 0.44 | 0.0 | 7.32 | 0.74 | 0.0 | 0 | 2.16 | 118.18 | -1.82 | 3.34 | 53.92 | 27.97 | -0.46 | 62.9 | 37.84 | 1.7 | 780.0 | 16.44 | 0.01 | -0.32 | 3.74 |
| 20Q3 (4) | 10.01 | -41.67 | 0.0 | 10.97 | 4.28 | 0.0 | 1.64 | 0.0 | 0.0 | 0 | 0 | 0.0 | 16.33 | 43.25 | 0.0 | 1.12 | 187.18 | 0.0 | 18.65 | 41.93 | 0.0 | 39.73 | 0 | 0.0 | 6.13 | 22.85 | 0.0 | 0.19 | -9.52 | 0.0 | 4.37 | -16.76 | 0.0 | 0.37 | -2.63 | 0.0 | 13.2 | 0.0 | 0.0 | 0.44 | 0 | 0.0 | 0.74 | 0 | 0.0 | 0.99 | 0 | 0.0 | 2.17 | 106.67 | 0.0 | -1.24 | 33.69 | 0.0 | -0.25 | 86.63 | 0.0 | 0.01 | 0.49 | 0.0 |
