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) | 4.51 | 1.12 | 0 | 0 | 1.94 | -9.77 | 0 | 0 | 24.59 | -12.43 | 2.08 | -24.09 | 4.88 | 3.61 | 19.85 | 18.31 | 4.44 | -23.97 | 0 | 0 | 4.01 | -8.86 | 0.02 | 0.0 | 9.41 | 0.0 | 1.67 | 20.14 | 0.42 | -28.81 | 4.43 | 2.55 | 6.51 | 3.17 | -0.48 | 0 | 3.95 | 1.28 | 0.01 | 24.05 |
| 2022 (9) | 4.46 | -16.64 | 0 | 0 | 2.15 | -1.38 | 0 | 0 | 28.08 | -1.4 | 2.74 | 81.46 | 4.71 | -20.57 | 16.77 | -19.44 | 5.84 | -4.42 | 0 | 0 | 4.4 | -22.67 | 0.02 | 0.0 | 9.41 | 0.0 | 1.39 | 12.1 | 0.59 | 11.32 | 4.32 | 68.09 | 6.31 | 45.06 | -0.42 | 0 | 3.9 | 96.97 | 0.00 | -18.47 |
| 2021 (8) | 5.35 | 3.68 | 1.3 | 333.33 | 2.18 | 7.92 | 0 | 0 | 28.48 | 20.27 | 1.51 | 4.86 | 5.93 | 16.27 | 20.82 | -3.32 | 6.11 | 27.82 | 0 | 0 | 5.69 | -6.11 | 0.02 | -33.33 | 9.41 | -2.08 | 1.24 | 12.73 | 0.53 | 10.42 | 2.57 | -1.91 | 4.35 | 3.33 | -0.59 | 0 | 1.98 | -5.26 | 0.01 | -2.01 |
| 2020 (7) | 5.16 | 38.71 | 0.3 | -82.35 | 2.02 | 57.81 | 0 | 0 | 23.68 | -5.36 | 1.44 | -30.77 | 5.1 | -7.94 | 21.54 | -2.73 | 4.78 | 24.16 | 0 | 0 | 6.06 | 78.76 | 0.03 | -25.0 | 9.61 | 0.0 | 1.1 | 22.22 | 0.48 | 26.32 | 2.62 | -16.56 | 4.21 | -4.54 | -0.53 | 0 | 2.09 | -21.43 | 0.01 | 2.67 |
| 2019 (6) | 3.72 | 0.54 | 1.7 | -10.53 | 1.28 | -19.5 | 0 | 0 | 25.02 | 0.56 | 2.08 | -0.48 | 5.54 | -16.82 | 22.14 | -17.28 | 3.85 | -15.01 | 0 | 0 | 3.39 | -5.57 | 0.04 | 300.0 | 9.61 | 0.0 | 0.9 | 30.43 | 0.38 | 22.58 | 3.14 | 9.79 | 4.41 | 14.25 | -0.48 | 0 | 2.66 | 7.26 | 0.00 | -2.44 |
| 2018 (5) | 3.7 | -41.08 | 1.9 | -34.48 | 1.59 | -3.64 | 0 | 0 | 24.88 | 10.97 | 2.09 | 1206.25 | 6.66 | 13.65 | 26.77 | 2.41 | 4.53 | 57.29 | 0 | 0 | 3.59 | 13.97 | 0.01 | -50.0 | 9.61 | 0.0 | 0.69 | 2.99 | 0.31 | 47.62 | 2.86 | 186.0 | 3.86 | 105.32 | -0.38 | 0 | 2.48 | 259.42 | 0.01 | 2.85 |
| 2017 (4) | 6.28 | 22.9 | 2.9 | 70.59 | 1.65 | 17.86 | 0 | 0 | 22.42 | -7.66 | 0.16 | -90.96 | 5.86 | -4.72 | 26.14 | 3.19 | 2.88 | -7.4 | 0 | 0 | 3.15 | 12.9 | 0.02 | -33.33 | 9.61 | -1.33 | 0.67 | 34.0 | 0.21 | 0 | 1.0 | -61.83 | 1.88 | -39.74 | -0.31 | 0 | 0.69 | -71.37 | 0.00 | 8.57 |
| 2016 (3) | 5.11 | 12.56 | 1.7 | -7.1 | 1.4 | 25.0 | 0 | 0 | 24.28 | 0.08 | 1.77 | 18.0 | 6.15 | -6.39 | 25.33 | -6.47 | 3.11 | -6.61 | 0 | 0 | 2.79 | -38.68 | 0.03 | 0.0 | 9.74 | 0.0 | 0.5 | 42.86 | 0 | 0 | 2.62 | 10.08 | 3.12 | 14.29 | -0.21 | 0 | 2.41 | -1.23 | 0.00 | -77.23 |
| 2015 (2) | 4.54 | -16.08 | 1.83 | -46.33 | 1.12 | -46.41 | 0 | 0 | 24.26 | -10.21 | 1.5 | 150.0 | 6.57 | -11.1 | 27.08 | -0.98 | 3.33 | 0.0 | 0 | 0 | 4.55 | -14.15 | 0.03 | 0.0 | 9.74 | -4.79 | 0.35 | 25.0 | 0 | 0 | 2.38 | 40.83 | 2.73 | 37.88 | 0.06 | -62.5 | 2.44 | 31.89 | 0.02 | -60.14 |
| 2014 (1) | 5.41 | 22.12 | 3.41 | 15.99 | 2.09 | -11.81 | 0 | 0 | 27.02 | -9.48 | 0.6 | -60.53 | 7.39 | -17.89 | 27.35 | -9.29 | 3.33 | -15.48 | 0 | 0 | 5.3 | 9.96 | 0.03 | -70.0 | 10.23 | 3.86 | 0.28 | 115.38 | 0 | 0 | 1.69 | -33.2 | 1.98 | -25.56 | 0.16 | 0 | 1.85 | -26.88 | 0.05 | 53.11 |
| 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) | 5.14 | 4.05 | 25.06 | 1.2 | 300.0 | 300.0 | 1.7 | 0.0 | -22.02 | 0 | 0 | 0 | 8.73 | 15.17 | 31.48 | 1.28 | 96.92 | 72.97 | 6.85 | 16.7 | 29.98 | 23.40 | 8.36 | 5.51 | 5.61 | 8.51 | 27.5 | 0 | 0 | 0 | 2.91 | 1.04 | -32.01 | 0.03 | 200.0 | 50.0 | 9.41 | 0.0 | 0.0 | 1.88 | 0.0 | 12.57 | 0.48 | 0.0 | 14.29 | 5.78 | 28.44 | 54.55 | 8.14 | 18.66 | 39.86 | -0.27 | 6.9 | 18.18 | 5.51 | 30.88 | 61.58 | 0.01 | 30.38 | 26.42 |
| 24Q2 (19) | 4.94 | 3.78 | 7.86 | 0.3 | 0 | 0 | 1.7 | -7.61 | -14.14 | 0 | 0 | 0 | 7.58 | 17.52 | 29.13 | 0.65 | -25.29 | 71.05 | 5.87 | 17.64 | 18.83 | 21.60 | 10.23 | 6.32 | 5.17 | 10.0 | 12.15 | 0 | 0 | 0 | 2.88 | -17.71 | -36.14 | 0.01 | 0.0 | -50.0 | 9.41 | 0.0 | 0.0 | 1.88 | 12.57 | 12.57 | 0.48 | 14.29 | 14.29 | 4.5 | 9.22 | 50.0 | 6.86 | 10.47 | 35.04 | -0.29 | 17.14 | 39.58 | 4.21 | 11.67 | 67.06 | 0.01 | -3.59 | -7.58 |
| 24Q1 (18) | 4.76 | 5.54 | -2.86 | 0 | 0 | -100.0 | 1.84 | -5.15 | -14.42 | 0 | 0 | 0 | 6.45 | -0.92 | 15.8 | 0.87 | 26.09 | 222.22 | 4.99 | 2.25 | 3.31 | 19.59 | -1.28 | 5.91 | 4.7 | 5.86 | -11.99 | 0 | 0 | 0 | 3.5 | -12.72 | -9.33 | 0.01 | -50.0 | -66.67 | 9.41 | 0.0 | 0.0 | 1.67 | 0.0 | 20.14 | 0.42 | 0.0 | -28.81 | 4.12 | -7.0 | 51.47 | 6.21 | -4.61 | 32.13 | -0.35 | 27.08 | 16.67 | 3.77 | -4.56 | 63.91 | 0.01 | 3.36 | 4.59 |
| 23Q4 (17) | 4.51 | 9.73 | 1.12 | 0 | -100.0 | 0 | 1.94 | -11.01 | -9.77 | 0 | 0 | 0 | 6.51 | -1.96 | 14.61 | 0.69 | -6.76 | 283.33 | 4.88 | -7.4 | 3.61 | 19.85 | -10.53 | 18.36 | 4.44 | 0.91 | -23.97 | 0 | 0 | 0 | 4.01 | -6.31 | -8.86 | 0.02 | 0.0 | 0.0 | 9.41 | 0.0 | 0.0 | 1.67 | 0.0 | 20.14 | 0.42 | 0.0 | -28.81 | 4.43 | 18.45 | 2.55 | 6.51 | 11.86 | 3.17 | -0.48 | -45.45 | -14.29 | 3.95 | 15.84 | 1.28 | 0.01 | -2.69 | 24.05 |
| 23Q3 (16) | 4.11 | -10.26 | 25.3 | 0.3 | 0 | -81.48 | 2.18 | 10.1 | -0.46 | 0 | 0 | 0 | 6.64 | 13.12 | -7.78 | 0.74 | 94.74 | -5.13 | 5.27 | 6.68 | -13.46 | 22.18 | 9.19 | 9.92 | 4.4 | -4.56 | -36.69 | 0 | 0 | 0 | 4.28 | -5.1 | 31.69 | 0.02 | 0.0 | 0.0 | 9.41 | 0.0 | 0.0 | 1.67 | 0.0 | 20.14 | 0.42 | 0.0 | -28.81 | 3.74 | 24.67 | -8.33 | 5.82 | 14.57 | -3.96 | -0.33 | 31.25 | -6.45 | 3.41 | 35.32 | -9.55 | 0.01 | -4.69 | 26.5 |
| 23Q2 (15) | 4.58 | -6.53 | -3.58 | 0 | -100.0 | -100.0 | 1.98 | -7.91 | -9.59 | 0 | 0 | 0 | 5.87 | 5.39 | -23.37 | 0.38 | 40.74 | -60.82 | 4.94 | 2.28 | -24.58 | 20.31 | 9.81 | -5.76 | 4.61 | -13.67 | -33.09 | 0 | 0 | 0 | 4.51 | 16.84 | 5.13 | 0.02 | -33.33 | 0.0 | 9.41 | 0.0 | 0.0 | 1.67 | 20.14 | 20.14 | 0.42 | -28.81 | -28.81 | 3.0 | 10.29 | -9.09 | 5.08 | 8.09 | -3.79 | -0.48 | -14.29 | -4.35 | 2.52 | 9.57 | -11.27 | 0.01 | 9.11 | 26.44 |
| 23Q1 (14) | 4.9 | 9.87 | -2.58 | 0.75 | 0 | -42.31 | 2.15 | 0.0 | -1.83 | 0 | 0 | 0 | 5.57 | -1.94 | -26.23 | 0.27 | 50.0 | -67.07 | 4.83 | 2.55 | -23.58 | 18.50 | 10.32 | -13.27 | 5.34 | -8.56 | -17.47 | 0 | 0 | 0 | 3.86 | -12.27 | -20.25 | 0.03 | 50.0 | 200.0 | 9.41 | 0.0 | 0.0 | 1.39 | 0.0 | 12.1 | 0.59 | 0.0 | 11.32 | 2.72 | -37.04 | 7.09 | 4.7 | -25.52 | 8.8 | -0.42 | 0.0 | 4.55 | 2.3 | -41.03 | 9.52 | 0.01 | 22.59 | -2.23 |
| 22Q4 (13) | 4.46 | 35.98 | -16.64 | 0 | -100.0 | -100.0 | 2.15 | -1.83 | -1.38 | 0 | 0 | 0 | 5.68 | -21.11 | -26.9 | 0.18 | -76.92 | -75.68 | 4.71 | -22.66 | -20.57 | 16.77 | -16.91 | -19.5 | 5.84 | -15.97 | -4.42 | 0 | 0 | 0 | 4.4 | 35.38 | -22.67 | 0.02 | 0.0 | 0.0 | 9.41 | 0.0 | 0.0 | 1.39 | 0.0 | 12.1 | 0.59 | 0.0 | 11.32 | 4.32 | 5.88 | 68.09 | 6.31 | 4.13 | 45.06 | -0.42 | -35.48 | 28.81 | 3.9 | 3.45 | 96.97 | 0.00 | -0.77 | -18.47 |
| 22Q3 (12) | 3.28 | -30.95 | -26.62 | 1.62 | -10.0 | 62.0 | 2.19 | 0.0 | 0.46 | 0 | 0 | 0 | 7.2 | -6.01 | -2.83 | 0.78 | -19.59 | 5.41 | 6.09 | -7.02 | 2.87 | 20.18 | -6.38 | -9.47 | 6.95 | 0.87 | 19.42 | 0 | 0 | 0 | 3.25 | -24.24 | -43.28 | 0.02 | 0.0 | 0.0 | 9.41 | 0.0 | -2.08 | 1.39 | 0.0 | 12.1 | 0.59 | 0.0 | 11.32 | 4.08 | 23.64 | 113.61 | 6.06 | 14.77 | 64.67 | -0.31 | 32.61 | 50.0 | 3.77 | 32.75 | 192.25 | 0.00 | -4.74 | -21.28 |
| 22Q2 (11) | 4.75 | -5.57 | 4.86 | 1.8 | 38.46 | 74.76 | 2.19 | 0.0 | 12.31 | 0 | 0 | 0 | 7.66 | 1.46 | 11.01 | 0.97 | 18.29 | 310.87 | 6.55 | 3.64 | 10.08 | 21.55 | 1.05 | -7.01 | 6.89 | 6.49 | 31.49 | 0 | 0 | 0 | 4.29 | -11.36 | -22.42 | 0.02 | 100.0 | 0.0 | 9.41 | 0.0 | -2.08 | 1.39 | 12.1 | 26.36 | 0.59 | 11.32 | 22.92 | 3.3 | 29.92 | 142.65 | 5.28 | 22.22 | 79.59 | -0.46 | -4.55 | 24.59 | 2.84 | 35.24 | 278.67 | 0.00 | -15.63 | -12.22 |
| 22Q1 (10) | 5.03 | -5.98 | -1.37 | 1.3 | 0.0 | 8.33 | 2.19 | 0.46 | 10.61 | 0 | 0 | 0 | 7.55 | -2.83 | 18.15 | 0.82 | 10.81 | 64.0 | 6.32 | 6.58 | 14.7 | 21.33 | 2.4 | -5.85 | 6.47 | 5.89 | 32.58 | 0 | 0 | 0 | 4.84 | -14.94 | -16.41 | 0.01 | -50.0 | -66.67 | 9.41 | 0.0 | -2.08 | 1.24 | 0.0 | 12.73 | 0.53 | 0.0 | 10.42 | 2.54 | -1.17 | 39.56 | 4.32 | -0.69 | 27.06 | -0.44 | 25.42 | 22.81 | 2.1 | 6.06 | 68.0 | 0.01 | 2.22 | -4.62 |
| 21Q4 (9) | 5.35 | 19.69 | 3.68 | 1.3 | 30.0 | 333.33 | 2.18 | 0.0 | 7.92 | 0 | 0 | 0 | 7.77 | 4.86 | 32.59 | 0.74 | 0.0 | 7300.0 | 5.93 | 0.17 | 16.27 | 20.83 | -6.55 | -3.29 | 6.11 | 4.98 | 27.82 | 0 | 0 | 0 | 5.69 | -0.7 | -6.11 | 0.02 | 0.0 | -33.33 | 9.41 | -2.08 | -2.08 | 1.24 | 0.0 | 12.73 | 0.53 | 0.0 | 10.42 | 2.57 | 34.55 | -1.91 | 4.35 | 18.21 | 3.33 | -0.59 | 4.84 | -11.32 | 1.98 | 53.49 | -5.26 | 0.01 | -4.18 | -2.01 |
| 21Q3 (8) | 4.47 | -1.32 | 18.88 | 1.0 | -2.91 | -23.08 | 2.18 | 11.79 | 14.14 | 0 | 0 | 0 | 7.41 | 7.39 | 13.65 | 0.74 | 260.87 | 85.0 | 5.92 | -0.5 | 12.98 | 22.29 | -3.84 | 3.02 | 5.82 | 11.07 | 30.49 | 0 | 0 | 0 | 5.73 | 3.62 | 14.14 | 0.02 | 0.0 | -33.33 | 9.61 | 0.0 | 0.0 | 1.24 | 12.73 | 12.73 | 0.53 | 10.42 | 10.42 | 1.91 | 40.44 | -29.26 | 3.68 | 25.17 | -14.22 | -0.62 | -1.64 | -3.33 | 1.29 | 72.0 | -38.57 | 0.01 | 6.22 | 2.33 |
| 21Q2 (7) | 4.53 | -11.18 | 22.43 | 1.03 | -14.17 | 71.67 | 1.95 | -1.52 | 13.37 | 0 | 0 | 0 | 6.9 | 7.98 | 24.32 | -0.46 | -192.0 | -193.88 | 5.95 | 7.99 | 18.06 | 23.18 | 2.31 | 0 | 5.24 | 7.38 | 6.94 | 0 | 0 | 0 | 5.53 | -4.49 | 31.35 | 0.02 | -33.33 | -33.33 | 9.61 | 0.0 | 0.0 | 1.1 | 0.0 | 0.0 | 0.48 | 0.0 | 0.0 | 1.36 | -25.27 | -40.87 | 2.94 | -13.53 | -24.42 | -0.61 | -7.02 | 4.69 | 0.75 | -40.0 | -54.82 | 0.00 | -8.32 | -6.07 |
| 21Q1 (6) | 5.1 | -1.16 | 32.47 | 1.2 | 300.0 | 100.0 | 1.98 | -1.98 | 25.32 | 0 | 0 | 0 | 6.39 | 9.04 | 11.13 | 0.5 | 4900.0 | -7.41 | 5.51 | 8.04 | 6.78 | 22.66 | 5.2 | 0 | 4.88 | 2.09 | 12.7 | 0 | 0 | 0 | 5.79 | -4.46 | 34.34 | 0.03 | 0.0 | -25.0 | 9.61 | 0.0 | 0.0 | 1.1 | 0.0 | 22.22 | 0.48 | 0.0 | 26.32 | 1.82 | -30.53 | -14.15 | 3.4 | -19.24 | 0.0 | -0.57 | -7.55 | -7.55 | 1.25 | -40.19 | -21.38 | 0.01 | 5.02 | 0.24 |
| 20Q4 (5) | 5.16 | 37.23 | 38.71 | 0.3 | -76.92 | -82.35 | 2.02 | 5.76 | 57.81 | 0 | 0 | 0 | 5.86 | -10.12 | -8.44 | 0.01 | -97.5 | -97.96 | 5.1 | -2.67 | -7.94 | 21.54 | -0.45 | 0 | 4.78 | 7.17 | 24.16 | 0 | 0 | 0 | 6.06 | 20.72 | 78.76 | 0.03 | 0.0 | -25.0 | 9.61 | 0.0 | 0.0 | 1.1 | 0.0 | 22.22 | 0.48 | 0.0 | 26.32 | 2.62 | -2.96 | -16.56 | 4.21 | -1.86 | -4.54 | -0.53 | 11.67 | -10.42 | 2.09 | -0.48 | -21.43 | 0.01 | 0.06 | 2.67 |
| 20Q3 (4) | 3.76 | 1.62 | 0.0 | 1.3 | 116.67 | 0.0 | 1.91 | 11.05 | 0.0 | 0 | 0 | 0.0 | 6.52 | 17.48 | 0.0 | 0.4 | -18.37 | 0.0 | 5.24 | 3.97 | 0.0 | 21.64 | 0 | 0.0 | 4.46 | -8.98 | 0.0 | 0 | 0 | 0.0 | 5.02 | 19.24 | 0.0 | 0.03 | 0.0 | 0.0 | 9.61 | 0.0 | 0.0 | 1.1 | 0.0 | 0.0 | 0.48 | 0.0 | 0.0 | 2.7 | 17.39 | 0.0 | 4.29 | 10.28 | 0.0 | -0.6 | 6.25 | 0.0 | 2.1 | 26.51 | 0.0 | 0.01 | -2.5 | 0.0 |
