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) | 14.98 | 2.88 | 13.51 | -39.66 | 0.27 | 125.0 | 0 | 0 | 152.77 | -21.04 | 3.22 | -29.07 | 31.81 | -10.12 | 20.82 | 13.83 | 10.31 | -55.54 | 2.37 | 0.0 | 1.76 | -12.87 | 0 | 0 | 16.26 | 0.0 | 1.47 | 45.54 | 0 | 0 | 6.19 | 11.93 | 7.65 | -0.39 | 0.34 | -19.05 | 6.53 | 9.75 | 0.02 | 0 |
| 2022 (9) | 14.56 | 0.55 | 22.39 | 60.39 | 0.12 | 0.0 | 0 | 0 | 193.47 | 2.62 | 4.54 | 1.79 | 35.39 | -8.69 | 18.29 | -11.03 | 23.19 | 113.93 | 2.37 | -54.94 | 2.02 | -5.61 | 0 | 0 | 16.26 | 18.17 | 1.01 | 77.19 | 1.14 | 50.0 | 5.53 | 21.54 | 7.68 | 30.61 | 0.42 | 0 | 5.95 | 74.49 | 0.00 | 0 |
| 2021 (8) | 14.48 | 17.82 | 13.96 | 121.94 | 0.12 | 0.0 | 0 | 0 | 188.53 | 37.82 | 4.46 | 125.25 | 38.76 | 37.2 | 20.56 | -0.45 | 10.84 | 34.66 | 5.26 | 67.52 | 2.14 | -5.31 | 0 | 0 | 13.76 | 9.99 | 0.57 | 54.05 | 0.76 | 137.5 | 4.55 | 128.64 | 5.88 | 119.4 | -1.14 | 0 | 3.41 | 177.24 | 0.00 | 0 |
| 2020 (7) | 12.29 | 154.98 | 6.29 | -35.82 | 0.12 | -40.0 | 0 | 0 | 136.79 | 7.67 | 1.98 | 27.74 | 28.25 | -11.22 | 20.65 | -17.54 | 8.05 | 18.38 | 3.14 | 1862.5 | 2.26 | 0 | 0 | 0 | 12.51 | 6.02 | 0.37 | 76.19 | 0.32 | 88.24 | 1.99 | 14.37 | 2.68 | 26.42 | -0.76 | 0 | 1.23 | -13.38 | 0.00 | 0 |
| 2019 (6) | 4.82 | 3.43 | 9.8 | 50.08 | 0.2 | -50.0 | 0 | 0 | 127.05 | 29.48 | 1.55 | 12.32 | 31.82 | 29.03 | 25.05 | -0.35 | 6.8 | 24.54 | 0.16 | -5.88 | 0 | 0 | 0 | 0 | 11.8 | 6.98 | 0.21 | 200.0 | 0.17 | -50.0 | 1.74 | 8.07 | 2.12 | 4.43 | -0.32 | 0 | 1.42 | -1.39 | 0.00 | 0 |
| 2018 (5) | 4.66 | 43.38 | 6.53 | -11.04 | 0.4 | 0.0 | 0 | 0 | 98.12 | 14.63 | 1.38 | 0 | 24.66 | 26.33 | 25.13 | 10.21 | 5.46 | -1.44 | 0.17 | -10.53 | 0.2 | -66.67 | 0 | 0 | 11.03 | 11.41 | 0.07 | 0 | 0.34 | 0 | 1.61 | 114.67 | 2.03 | 170.67 | -0.17 | 0 | 1.44 | 251.22 | 0.00 | 0 |
| 2017 (4) | 3.25 | -33.54 | 7.34 | -2.65 | 0.4 | 0 | 0 | 0 | 85.6 | 2.79 | -2.2 | 0 | 19.52 | 14.22 | 22.80 | 11.12 | 5.54 | 15.66 | 0.19 | -5.0 | 0.6 | 0 | 0 | 0 | 9.9 | -22.96 | 0 | 0 | 0 | 0 | 0.75 | 0 | 0.75 | 0 | -0.34 | 0 | 0.41 | 0 | 0.00 | 0 |
| 2016 (3) | 4.89 | -36.49 | 7.54 | -40.82 | 0 | 0 | 0 | 0 | 83.28 | -44.57 | 0.59 | 0 | 17.09 | -30.22 | 20.52 | 25.9 | 4.79 | -36.39 | 0.2 | -20.0 | 0 | 0 | 0 | 0 | 12.85 | 18.43 | 1.04 | 0.0 | 0 | 0 | -1.36 | 0 | -0.32 | 0 | 0.3 | -38.78 | -1.06 | 0 | 0.06 | -42.75 |
| 2015 (2) | 7.7 | 28.33 | 12.74 | -46.49 | 0.25 | -50.0 | 0 | 0 | 150.25 | -17.98 | -2.99 | 0 | 24.49 | -41.3 | 16.30 | -28.43 | 7.53 | -44.22 | 0.25 | 0.0 | 0 | 0 | 0 | 0 | 10.85 | 13.97 | 1.04 | 9.47 | 0 | 0 | -1.94 | 0 | -0.9 | 0 | 0.49 | 122.73 | -1.45 | 0 | 0.10 | -46.55 |
| 2014 (1) | 6.0 | -24.24 | 23.81 | 97.92 | 0.5 | 100.0 | 0 | 0 | 183.19 | 16.31 | 0.88 | -16.98 | 41.72 | 46.75 | 22.77 | 26.17 | 13.5 | 13.54 | 0.25 | 0 | 0.25 | 0.0 | 0 | 0 | 9.52 | 5.08 | 0.95 | 11.76 | 0.45 | -31.82 | 2.03 | 34.44 | 3.44 | 14.29 | 0.22 | 0 | 2.25 | 112.26 | 0.18 | 28.75 |
| 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) | 21.75 | 9.46 | 38.18 | 19.95 | 134.15 | 51.94 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 47.7 | 4.97 | 14.91 | 0.5 | -58.68 | -66.44 | 42.59 | 8.54 | 24.31 | 24.46 | 4.68 | 12.43 | 13.1 | 0.46 | -8.77 | 2.42 | -0.41 | 1.68 | 9.41 | -14.3 | 387.56 | 0 | 0 | 0 | 16.26 | 0.0 | 0.0 | 1.79 | 0.0 | 21.77 | 0 | 0 | 0 | 6.55 | 8.09 | 22.43 | 8.34 | 6.24 | 22.29 | 1.09 | -30.13 | -19.85 | 7.64 | 0.26 | 13.86 | 0.03 | 91.36 | 46.59 |
| 24Q2 (19) | 19.87 | 4.97 | -3.45 | 8.52 | -41.76 | -25.52 | 0.27 | 0.0 | 125.0 | 0 | 0 | 0 | 45.44 | 12.73 | 21.46 | 1.21 | 28.72 | 317.24 | 39.24 | 9.55 | 40.29 | 23.37 | 4.31 | 37.55 | 13.04 | 8.85 | -17.0 | 2.43 | 1.67 | 0.83 | 10.98 | 549.7 | 460.2 | 0 | 0 | 0 | 16.26 | 0.0 | 0.0 | 1.79 | 21.77 | 21.77 | 0 | 0 | 0 | 6.06 | -15.01 | 56.59 | 7.85 | -8.61 | 47.0 | 1.56 | 30.0 | 160.0 | 7.62 | -8.52 | 70.47 | 0.02 | -9.34 | -31.75 |
| 24Q1 (18) | 18.93 | 26.37 | 0.58 | 14.63 | 8.29 | -11.6 | 0.27 | 0.0 | 125.0 | 0 | 0 | 0 | 40.31 | -0.81 | 21.42 | 0.94 | 13.25 | 51.61 | 35.82 | 12.61 | 43.39 | 22.41 | 7.6 | 56.81 | 11.98 | 16.2 | -35.1 | 2.39 | 0.84 | 0.42 | 1.69 | -3.98 | -15.08 | 0 | 0 | 0 | 16.26 | 0.0 | 0.0 | 1.47 | 0.0 | 45.54 | 0 | 0 | -100.0 | 7.13 | 15.19 | 15.93 | 8.59 | 12.29 | 3.62 | 1.2 | 252.94 | 700.0 | 8.33 | 27.57 | 32.22 | 0.02 | -10.72 | -20.65 |
| 23Q4 (17) | 14.98 | -4.83 | 2.88 | 13.51 | 2.89 | -39.66 | 0.27 | 125.0 | 125.0 | 0 | 0 | 0 | 40.64 | -2.1 | -10.35 | 0.83 | -44.3 | -36.64 | 31.81 | -7.15 | -10.12 | 20.82 | -4.3 | 13.84 | 10.31 | -28.2 | -55.54 | 2.37 | -0.42 | 0.0 | 1.76 | -8.81 | -12.87 | 0 | 0 | 0 | 16.26 | 0.0 | 0.0 | 1.47 | 0.0 | 45.54 | 0 | 0 | -100.0 | 6.19 | 15.7 | 11.93 | 7.65 | 12.17 | -0.39 | 0.34 | -75.0 | -19.05 | 6.53 | -2.68 | 9.75 | 0.02 | -5.36 | 0 |
| 23Q3 (16) | 15.74 | -23.52 | 83.88 | 13.13 | 14.77 | -26.77 | 0.12 | 0.0 | 0.0 | 0 | 0 | 0 | 41.51 | 10.96 | -14.73 | 1.49 | 413.79 | 52.04 | 34.26 | 22.49 | -19.12 | 21.76 | 28.07 | 2.0 | 14.36 | -8.59 | -37.67 | 2.38 | -1.24 | 0.42 | 1.93 | -1.53 | -5.85 | 0 | 0 | 0 | 16.26 | 0.0 | 0.0 | 1.47 | 0.0 | 45.54 | 0 | 0 | -100.0 | 5.35 | 38.24 | 27.38 | 6.82 | 27.72 | 7.4 | 1.36 | 126.67 | 54.55 | 6.71 | 50.11 | 32.09 | 0.02 | -10.9 | 0 |
| 23Q2 (15) | 20.58 | 9.35 | 53.12 | 11.44 | -30.88 | -30.71 | 0.12 | 0.0 | 0.0 | 0 | 0 | 0 | 37.41 | 12.68 | -21.44 | 0.29 | -53.23 | -66.67 | 27.97 | 11.97 | -27.28 | 16.99 | 18.91 | -11.84 | 15.71 | -14.9 | -17.1 | 2.41 | 1.26 | 2.99 | 1.96 | -1.51 | -5.77 | 0 | 0 | 0 | 16.26 | 0.0 | 18.17 | 1.47 | 45.54 | 45.54 | 0 | -100.0 | -100.0 | 3.87 | -37.07 | 20.19 | 5.34 | -35.59 | -0.56 | 0.6 | 300.0 | 372.73 | 4.47 | -29.05 | 49.0 | 0.03 | 5.4 | 0 |
| 23Q1 (14) | 18.82 | 29.26 | 27.85 | 16.55 | -26.08 | -0.48 | 0.12 | 0.0 | 0.0 | 0 | 0 | 0 | 33.2 | -26.76 | -35.96 | 0.62 | -52.67 | -54.74 | 24.98 | -29.42 | -42.5 | 14.29 | -21.89 | -34.41 | 18.46 | -20.4 | 29.54 | 2.38 | 0.42 | 3.03 | 1.99 | -1.49 | -5.69 | 0 | 0 | 0 | 16.26 | 0.0 | 18.17 | 1.01 | 0.0 | 77.19 | 1.14 | 0.0 | 50.0 | 6.15 | 11.21 | 3.71 | 8.29 | 7.94 | 14.34 | 0.15 | -64.29 | 120.83 | 6.3 | 5.88 | 20.92 | 0.03 | 0 | 0 |
| 22Q4 (13) | 14.56 | 70.09 | 0.55 | 22.39 | 24.87 | 60.39 | 0.12 | 0.0 | 0.0 | 0 | 0 | 0 | 45.33 | -6.88 | -10.1 | 1.31 | 33.67 | 31.0 | 35.39 | -16.45 | -8.69 | 18.29 | -14.26 | -11.03 | 23.19 | 0.65 | 113.93 | 2.37 | 0.0 | -54.94 | 2.02 | -1.46 | -5.61 | 0 | 0 | 0 | 16.26 | 0.0 | 18.17 | 1.01 | 0.0 | 77.19 | 1.14 | 0.0 | 50.0 | 5.53 | 31.67 | 21.54 | 7.68 | 20.94 | 30.61 | 0.42 | -52.27 | 136.84 | 5.95 | 17.13 | 74.49 | 0.00 | 0 | 0 |
| 22Q3 (12) | 8.56 | -36.31 | -30.8 | 17.93 | 8.6 | 81.29 | 0.12 | 0.0 | 0.0 | 0 | 0 | 0 | 48.68 | 2.23 | -2.03 | 0.98 | 12.64 | -39.88 | 42.36 | 10.14 | 14.83 | 21.33 | 10.7 | 2.32 | 23.04 | 21.58 | 110.99 | 2.37 | 1.28 | -24.04 | 2.05 | -1.44 | -5.53 | 0 | 0 | 0 | 16.26 | 18.17 | 18.17 | 1.01 | 0.0 | 77.19 | 1.14 | 0.0 | 50.0 | 4.2 | 30.43 | 18.64 | 6.35 | 18.25 | 30.39 | 0.88 | 500.0 | 183.81 | 5.08 | 69.33 | 104.02 | 0.00 | 0 | 0 |
| 22Q2 (11) | 13.44 | -8.7 | 41.77 | 16.51 | -0.72 | 41.11 | 0.12 | 0.0 | 0.0 | 0 | 0 | 0 | 47.62 | -8.14 | 0.34 | 0.87 | -36.5 | -25.64 | 38.46 | -11.46 | 1.53 | 19.27 | -11.54 | -16.76 | 18.95 | 32.98 | 124.53 | 2.34 | 1.3 | -25.0 | 2.08 | -1.42 | -5.45 | 0 | 0 | 0 | 13.76 | 0.0 | 9.99 | 1.01 | 77.19 | 172.97 | 1.14 | 50.0 | 256.25 | 3.22 | -45.7 | -15.71 | 5.37 | -25.93 | 19.33 | -0.22 | 69.44 | 78.22 | 3.0 | -42.42 | 6.76 | 0.00 | 0 | 0 |
| 22Q1 (10) | 14.72 | 1.66 | 46.76 | 16.63 | 19.13 | 157.03 | 0.12 | 0.0 | 0.0 | 0 | 0 | 0 | 51.84 | 2.82 | 26.56 | 1.37 | 37.0 | 110.77 | 43.44 | 12.07 | 32.76 | 21.78 | 5.96 | -1.6 | 14.25 | 31.46 | 68.44 | 2.31 | -56.08 | -25.96 | 2.11 | -1.4 | -5.38 | 0 | 0 | 0 | 13.76 | 0.0 | 9.99 | 0.57 | 0.0 | 54.05 | 0.76 | 0.0 | 137.5 | 5.93 | 30.33 | 123.77 | 7.25 | 23.3 | 117.72 | -0.72 | 36.84 | 6.49 | 5.21 | 52.79 | 177.13 | 0.00 | 0 | 0 |
| 21Q4 (9) | 14.48 | 17.06 | 17.82 | 13.96 | 41.15 | 121.94 | 0.12 | 0.0 | 0.0 | 0 | 0 | 0 | 50.42 | 1.47 | 29.88 | 1.0 | -38.65 | 16.28 | 38.76 | 5.07 | 37.2 | 20.56 | -1.4 | -0.46 | 10.84 | -0.73 | 34.66 | 5.26 | 68.59 | 67.52 | 2.14 | -1.38 | -5.31 | 0 | 0 | 0 | 13.76 | 0.0 | 9.99 | 0.57 | 0.0 | 54.05 | 0.76 | 0.0 | 137.5 | 4.55 | 28.53 | 128.64 | 5.88 | 20.74 | 119.4 | -1.14 | -8.57 | -50.0 | 3.41 | 36.95 | 177.24 | 0.00 | 0 | 0 |
| 21Q3 (8) | 12.37 | 30.49 | 12.35 | 9.89 | -15.47 | 26.96 | 0.12 | 0.0 | 0 | 0 | 0 | 0 | 49.69 | 4.7 | 36.59 | 1.63 | 39.32 | 176.27 | 36.89 | -2.61 | 28.22 | 20.85 | -9.94 | -1.42 | 10.92 | 29.38 | 66.72 | 3.12 | 0.0 | 1980.0 | 2.17 | -1.36 | 0 | 0 | 0 | 0 | 13.76 | 9.99 | 9.99 | 0.57 | 54.05 | 54.05 | 0.76 | 137.5 | 137.5 | 3.54 | -7.33 | 213.27 | 4.87 | 8.22 | 169.06 | -1.05 | -3.96 | -87.5 | 2.49 | -11.39 | 336.84 | 0.00 | 0 | 0 |
| 21Q2 (7) | 9.48 | -5.48 | 0.0 | 11.7 | 80.83 | 53.75 | 0.12 | 0.0 | 0 | 0 | 0 | 0 | 47.46 | 15.87 | 50.0 | 1.17 | 80.0 | 333.33 | 37.88 | 15.77 | 43.0 | 23.15 | 4.58 | 0 | 8.44 | -0.24 | 14.52 | 3.12 | 0.0 | 1980.0 | 2.2 | -1.35 | 0 | 0 | 0 | 0 | 12.51 | 0.0 | 0.0 | 0.37 | 0.0 | 0.0 | 0.32 | 0.0 | 0.0 | 3.82 | 44.15 | 607.41 | 4.5 | 35.14 | 268.85 | -1.01 | -31.17 | -158.97 | 2.81 | 49.47 | 1773.33 | 0.00 | 0 | 0 |
| 21Q1 (6) | 10.03 | -18.39 | 24.75 | 6.47 | 2.86 | -35.49 | 0.12 | 0.0 | 20.0 | 0 | 0 | 0 | 40.96 | 5.51 | 36.81 | 0.65 | -24.42 | 160.0 | 32.72 | 15.82 | 14.17 | 22.14 | 7.19 | 0 | 8.46 | 5.09 | 16.69 | 3.12 | -0.64 | 1980.0 | 2.23 | -1.33 | 0 | 0 | 0 | 0 | 12.51 | 0.0 | 6.02 | 0.37 | 0.0 | 76.19 | 0.32 | 0.0 | 88.24 | 2.65 | 33.17 | 33.17 | 3.33 | 24.25 | 40.51 | -0.77 | -1.32 | -250.0 | 1.88 | 52.85 | 6.21 | 0.00 | 0 | 0 |
| 20Q4 (5) | 12.29 | 11.63 | 154.98 | 6.29 | -19.26 | -35.82 | 0.12 | 0 | -40.0 | 0 | 0 | 0 | 38.82 | 6.71 | 2.0 | 0.86 | 45.76 | 152.94 | 28.25 | -1.81 | -11.22 | 20.65 | -2.35 | 0 | 8.05 | 22.9 | 18.38 | 3.14 | 1993.33 | 1862.5 | 2.26 | 0 | 0 | 0 | 0 | 0 | 12.51 | 0.0 | 6.02 | 0.37 | 0.0 | 76.19 | 0.32 | 0.0 | 88.24 | 1.99 | 76.11 | 14.37 | 2.68 | 48.07 | 26.42 | -0.76 | -35.71 | -137.5 | 1.23 | 115.79 | -13.38 | 0.00 | 0 | 0 |
| 20Q3 (4) | 11.01 | 16.14 | 0.0 | 7.79 | 2.37 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 36.38 | 14.98 | 0.0 | 0.59 | 118.52 | 0.0 | 28.77 | 8.61 | 0.0 | 21.15 | 0 | 0.0 | 6.55 | -11.13 | 0.0 | 0.15 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 12.51 | 0.0 | 0.0 | 0.37 | 0.0 | 0.0 | 0.32 | 0.0 | 0.0 | 1.13 | 109.26 | 0.0 | 1.81 | 48.36 | 0.0 | -0.56 | -43.59 | 0.0 | 0.57 | 280.0 | 0.0 | 0.00 | 0 | 0.0 |
