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) | 16.0 | 41.47 | 5.63 | -26.41 | 0 | 0 | 0 | 0 | 72.04 | -35.1 | -2.71 | 0 | 15.95 | -44.83 | 22.14 | -14.99 | 8.45 | -51.52 | 0 | 0 | 7.31 | -26.9 | 0.07 | 16.67 | 8.83 | 9.96 | 3.79 | 6.16 | 0 | 0 | 3.3 | -55.76 | 7.09 | -35.72 | 0.32 | -17.95 | 3.62 | -53.89 | 0.01 | 10.5 |
| 2022 (9) | 11.31 | 70.33 | 7.65 | -43.79 | 0 | 0 | 0 | 0 | 111.0 | -20.45 | 2.21 | -12.99 | 28.91 | -35.78 | 26.05 | -19.27 | 17.43 | 0.17 | 0 | 0 | 10.0 | 53.85 | 0.06 | -33.33 | 8.03 | 0.0 | 3.57 | 9.85 | 0 | 0 | 7.46 | 4.04 | 11.03 | 5.85 | 0.39 | 95.0 | 7.85 | 6.51 | 0.01 | 0 |
| 2021 (8) | 6.64 | -25.73 | 13.61 | 48.91 | 0 | 0 | 0 | 0 | 139.54 | 14.69 | 2.54 | -24.63 | 45.02 | 14.82 | 32.26 | 0.11 | 17.4 | 12.77 | 0 | 0 | 6.5 | 0 | 0.09 | 28.57 | 8.03 | 0.0 | 3.25 | 10.17 | 0 | 0 | 7.17 | 3.31 | 10.42 | 5.36 | 0.2 | -39.39 | 7.37 | 1.38 | 0.00 | 0 |
| 2020 (7) | 8.94 | 101.35 | 9.14 | 27.12 | 0 | 0 | 0 | 0 | 121.67 | 32.34 | 3.37 | 98.24 | 39.21 | 23.38 | 32.23 | -6.77 | 15.43 | 28.48 | 0 | 0 | 0 | 0 | 0.07 | -12.5 | 8.03 | -3.6 | 2.95 | 5.73 | 0 | 0 | 6.94 | 43.09 | 9.89 | 29.45 | 0.33 | 0.0 | 7.27 | 40.35 | 0.00 | 0 |
| 2019 (6) | 4.44 | -6.13 | 7.19 | -22.02 | 0 | 0 | 0 | 0 | 91.94 | -1.95 | 1.7 | -15.0 | 31.78 | -2.49 | 34.57 | -0.54 | 12.01 | -23.99 | 0 | 0 | 0 | 0 | 0.08 | 0.0 | 8.33 | -4.03 | 2.79 | 7.72 | 0 | 0 | 4.85 | -12.61 | 7.64 | -6.14 | 0.33 | -19.51 | 5.18 | -13.09 | 0.00 | 4.1 |
| 2018 (5) | 4.73 | -49.14 | 9.22 | 246.62 | 0 | 0 | 0 | 0 | 93.77 | 24.55 | 2.0 | -2.91 | 32.59 | 37.22 | 34.76 | 10.18 | 15.8 | 103.87 | 0 | 0 | 0 | 0 | 0.08 | 100.0 | 8.68 | 0.0 | 2.59 | 8.37 | 0 | 0 | 5.55 | 1.28 | 8.14 | 3.43 | 0.41 | -10.87 | 5.96 | 0.34 | 0.00 | -24.87 |
| 2017 (4) | 9.3 | -24.57 | 2.66 | -57.98 | 0 | 0 | 0 | 0 | 75.29 | 45.8 | 2.06 | 79.13 | 23.75 | 36.42 | 31.54 | -6.43 | 7.75 | 1.57 | 0 | 0 | 0 | 0 | 0.04 | 0.0 | 8.68 | 0.0 | 2.39 | 3.46 | 0 | 0 | 5.48 | 25.4 | 7.87 | 17.81 | 0.46 | -9.8 | 5.94 | 21.72 | 0.00 | 0 |
| 2016 (3) | 12.33 | -22.16 | 6.33 | 293.17 | 0 | 0 | 0 | 0 | 51.64 | 5.22 | 1.15 | 11.65 | 17.41 | 56.71 | 33.71 | 48.94 | 7.63 | 81.67 | 0 | 0 | 0 | 0 | 0.04 | 0.0 | 8.68 | -3.88 | 2.31 | 4.52 | 0 | 0 | 4.37 | 1.63 | 6.68 | 2.61 | 0.51 | -30.14 | 4.88 | -2.98 | 0.00 | 0 |
| 2015 (2) | 15.84 | 4.35 | 1.61 | -64.92 | 0.38 | 0 | 0 | 0 | 49.08 | 2.19 | 1.03 | -28.97 | 11.11 | -28.0 | 22.64 | -29.54 | 4.2 | -12.86 | 0 | 0 | 0 | 0 | 0.04 | 300.0 | 9.03 | -4.95 | 2.21 | 7.28 | 0 | 0 | 4.3 | -2.71 | 6.51 | 0.46 | 0.73 | -12.05 | 5.03 | -4.19 | 0.00 | 0 |
| 2014 (1) | 15.18 | -14.81 | 4.59 | 21.43 | 0 | 0 | 0 | 0 | 48.03 | 5.44 | 1.45 | 2800.0 | 15.43 | 42.61 | 32.13 | 35.24 | 4.82 | 29.92 | 0 | 0 | 0.37 | 0 | 0.01 | -50.0 | 9.5 | -4.04 | 2.06 | 0.0 | 0 | 0 | 4.42 | 24.16 | 6.48 | 15.3 | 0.83 | 29.69 | 5.25 | 25.0 | 0.00 | 0 |
| 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) | 15.15 | -2.82 | 7.75 | 4.81 | 17.89 | -28.1 | 0 | 0 | 0 | 0 | 0 | 0 | 14.49 | 0.14 | -21.97 | -0.16 | -900.0 | 33.33 | 15.51 | 3.26 | -34.58 | 27.39 | 10.7 | -5.5 | 9.17 | 1.44 | -31.05 | 0 | 0 | 0 | 7.51 | 0.94 | 20.35 | 0.06 | 0.0 | 20.0 | 8.83 | 0.0 | 0.0 | 3.79 | 0.0 | 0.0 | 0 | 0 | 0 | 2.66 | -5.67 | -43.76 | 6.45 | -2.27 | -24.3 | 0.46 | -6.12 | 0.0 | 3.12 | -5.74 | -39.88 | 0.02 | 5.8 | 282.4 |
| 24Q2 (19) | 15.59 | 0.39 | 35.57 | 4.08 | -37.04 | -21.69 | 0 | 0 | 0 | 0 | 0 | 0 | 14.47 | 21.09 | -29.35 | 0.02 | 103.92 | 0.0 | 15.02 | -3.03 | -36.22 | 24.74 | 6.57 | -1.34 | 9.04 | -1.31 | -25.04 | 0 | 0 | 0 | 7.44 | 0.95 | -3.12 | 0.06 | 0.0 | 20.0 | 8.83 | 0.0 | 9.96 | 3.79 | 0.0 | 0.0 | 0 | 0 | 0 | 2.82 | 0.71 | -43.26 | 6.6 | 0.3 | -24.66 | 0.49 | 4.26 | 68.97 | 3.31 | 1.22 | -37.07 | 0.02 | 216.58 | 232.75 |
| 24Q1 (18) | 15.53 | -2.94 | 102.74 | 6.48 | 15.1 | -8.73 | 0 | 0 | 0 | 0 | 0 | 0 | 11.95 | -23.93 | -30.8 | -0.51 | 63.83 | 53.21 | 15.49 | -2.88 | -40.81 | 23.22 | 4.86 | -13.42 | 9.16 | 8.4 | -42.93 | 0 | 0 | 0 | 7.37 | 0.82 | -13.29 | 0.06 | -14.29 | 0.0 | 8.83 | 0.0 | 9.96 | 3.79 | 0.0 | 6.16 | 0 | 0 | 0 | 2.8 | -15.15 | -45.84 | 6.58 | -7.19 | -24.71 | 0.47 | 46.88 | 27.03 | 3.27 | -9.67 | -40.97 | 0.01 | 7.38 | 8.12 |
| 23Q4 (17) | 16.0 | 13.8 | 41.47 | 5.63 | -15.84 | -26.41 | 0 | 0 | 0 | 0 | 0 | 0 | 15.71 | -15.4 | -38.32 | -1.41 | -487.5 | -327.27 | 15.95 | -32.73 | -44.83 | 22.14 | -23.61 | -14.99 | 8.45 | -36.47 | -51.52 | 0 | 0 | 0 | 7.31 | 17.15 | -26.9 | 0.07 | 40.0 | 16.67 | 8.83 | 0.0 | 9.96 | 3.79 | 0.0 | 6.16 | 0 | 0 | 0 | 3.3 | -30.23 | -55.76 | 7.09 | -16.78 | -35.72 | 0.32 | -30.43 | -17.95 | 3.62 | -30.25 | -53.89 | 0.01 | 6.31 | 10.5 |
| 23Q3 (16) | 14.06 | 22.26 | 82.83 | 6.69 | 28.41 | -58.19 | 0 | 0 | 0 | 0 | 0 | 0 | 18.57 | -9.33 | -39.47 | -0.24 | -1300.0 | -118.6 | 23.71 | 0.68 | -47.29 | 28.99 | 15.59 | -21.25 | 13.3 | 10.28 | -39.49 | 0 | 0 | 0 | 6.24 | -18.75 | -43.27 | 0.05 | 0.0 | -28.57 | 8.83 | 9.96 | 9.96 | 3.79 | 0.0 | 6.16 | 0 | 0 | 0 | 4.73 | -4.83 | -39.2 | 8.52 | -2.74 | -24.87 | 0.46 | 58.62 | -6.12 | 5.19 | -1.33 | -37.24 | 0.01 | -7.93 | 0 |
| 23Q2 (15) | 11.5 | 50.13 | 63.58 | 5.21 | -26.62 | -33.12 | 0 | 0 | 0 | 0 | 0 | 0 | 20.48 | 18.59 | -15.23 | 0.02 | 101.83 | -95.65 | 23.55 | -10.01 | -34.35 | 25.08 | -6.48 | -14.63 | 12.06 | -24.86 | -48.51 | 0 | 0 | 0 | 7.68 | -9.65 | -19.16 | 0.05 | -16.67 | -28.57 | 8.03 | 0.0 | 0.0 | 3.79 | 6.16 | 6.16 | 0 | 0 | 0 | 4.97 | -3.87 | -23.42 | 8.76 | 0.23 | -12.84 | 0.29 | -21.62 | -21.62 | 5.26 | -5.05 | -23.32 | 0.01 | 2.87 | 0 |
| 23Q1 (14) | 7.66 | -32.27 | 30.72 | 7.1 | -7.19 | 40.32 | 0 | 0 | 0 | 0 | 0 | 0 | 17.27 | -32.19 | -43.71 | -1.09 | -230.3 | -239.74 | 26.17 | -9.48 | -37.14 | 26.82 | 2.96 | -12.49 | 16.05 | -7.92 | -19.91 | 0 | 0 | 0 | 8.5 | -15.0 | -10.53 | 0.06 | 0.0 | -25.0 | 8.03 | 0.0 | 0.0 | 3.57 | 0.0 | 9.85 | 0 | 0 | 0 | 5.17 | -30.7 | -18.45 | 8.74 | -20.76 | -8.86 | 0.37 | -5.13 | -11.9 | 5.54 | -29.43 | -18.05 | 0.01 | 9.74 | 0 |
| 22Q4 (13) | 11.31 | 47.07 | 70.33 | 7.65 | -52.19 | -43.79 | 0 | 0 | 0 | 0 | 0 | 0 | 25.47 | -16.98 | -30.54 | -0.33 | -125.58 | -166.0 | 28.91 | -35.73 | -35.78 | 26.05 | -29.24 | -19.27 | 17.43 | -20.7 | 0.17 | 0 | 0 | 0 | 10.0 | -9.09 | 53.85 | 0.06 | -14.29 | -33.33 | 8.03 | 0.0 | 0.0 | 3.57 | 0.0 | 9.85 | 0 | 0 | 0 | 7.46 | -4.11 | 4.04 | 11.03 | -2.73 | 5.85 | 0.39 | -20.41 | 95.0 | 7.85 | -5.08 | 6.51 | 0.01 | 0 | 0 |
| 22Q3 (12) | 7.69 | 9.39 | 31.01 | 16.0 | 105.39 | -7.3 | 0 | 0 | 0 | 0 | 0 | 0 | 30.68 | 26.99 | 0.29 | 1.29 | 180.43 | 86.96 | 44.98 | 25.4 | 6.11 | 36.81 | 25.3 | 20.17 | 21.98 | -6.15 | -0.72 | 0 | 0 | 0 | 11.0 | 15.79 | 266.67 | 0.07 | 0.0 | 0.0 | 8.03 | 0.0 | 0.0 | 3.57 | 0.0 | 9.85 | 0 | 0 | 0 | 7.78 | 19.88 | 16.64 | 11.34 | 12.84 | 14.31 | 0.49 | 32.43 | 226.67 | 8.27 | 20.55 | 21.26 | 0.00 | 0 | 0 |
| 22Q2 (11) | 7.03 | 19.97 | 55.88 | 7.79 | 53.95 | -36.51 | 0 | 0 | 0 | 0 | 0 | 0 | 24.16 | -21.25 | -36.25 | 0.46 | -41.03 | 4.55 | 35.87 | -13.84 | -20.24 | 29.38 | -4.14 | -6.65 | 23.42 | 16.87 | 11.68 | 0 | 0 | 0 | 9.5 | 0.0 | 0 | 0.07 | -12.5 | -12.5 | 8.03 | 0.0 | 0.0 | 3.57 | 9.85 | 21.02 | 0 | 0 | 0 | 6.49 | 2.37 | 3.34 | 10.05 | 4.8 | 8.88 | 0.37 | -11.9 | 105.56 | 6.86 | 1.48 | 6.19 | 0.00 | 0 | 0 |
| 22Q1 (10) | 5.86 | -11.75 | 8.92 | 5.06 | -62.82 | -58.25 | 0 | 0 | 0 | 0 | 0 | 0 | 30.68 | -16.33 | -10.74 | 0.78 | 56.0 | -14.29 | 41.63 | -7.53 | -3.97 | 30.65 | -5.02 | -3.03 | 20.04 | 15.17 | 1.21 | 0 | 0 | 0 | 9.5 | 46.15 | 0 | 0.08 | -11.11 | 14.29 | 8.03 | 0.0 | 0.0 | 3.25 | 0.0 | 10.17 | 0 | 0 | 0 | 6.34 | -11.58 | 8.56 | 9.59 | -7.97 | 9.1 | 0.42 | 110.0 | 31.25 | 6.76 | -8.28 | 9.74 | 0.00 | 0 | 0 |
| 21Q4 (9) | 6.64 | 13.12 | -25.73 | 13.61 | -21.15 | 48.91 | 0 | 0 | 0 | 0 | 0 | 0 | 36.67 | 19.88 | 3.24 | 0.5 | -27.54 | -35.9 | 45.02 | 6.2 | 14.82 | 32.27 | 5.33 | 0.12 | 17.4 | -21.41 | 12.77 | 0 | 0 | 0 | 6.5 | 116.67 | 0 | 0.09 | 28.57 | 28.57 | 8.03 | 0.0 | 0.0 | 3.25 | 0.0 | 10.17 | 0 | 0 | 0 | 7.17 | 7.5 | 3.31 | 10.42 | 5.04 | 5.36 | 0.2 | 33.33 | -39.39 | 7.37 | 8.06 | 1.38 | 0.00 | 0 | 0 |
| 21Q3 (8) | 5.87 | 30.16 | -22.66 | 17.26 | 40.67 | 95.47 | 0 | 0 | 0 | 0 | 0 | 0 | 30.59 | -19.29 | -12.85 | 0.69 | 56.82 | -43.44 | 42.39 | -5.74 | 6.8 | 30.63 | -2.66 | -14.58 | 22.14 | 5.58 | 43.12 | 0 | 0 | 0 | 3.0 | 0 | 0 | 0.07 | -12.5 | -12.5 | 8.03 | 0.0 | 0.0 | 3.25 | 10.17 | 10.17 | 0 | 0 | 0 | 6.67 | 6.21 | 8.28 | 9.92 | 7.48 | 8.89 | 0.15 | -16.67 | -46.43 | 6.82 | 5.57 | 5.9 | 0.00 | 0 | 0 |
| 21Q2 (7) | 4.51 | -16.17 | -46.82 | 12.27 | 1.24 | 52.61 | 0 | 0 | 0 | 0 | 0 | 0 | 37.9 | 10.27 | 17.78 | 0.44 | -51.65 | -62.39 | 44.97 | 3.74 | 27.0 | 31.47 | -0.42 | 0 | 20.97 | 5.91 | 56.26 | 0 | 0 | 0 | 0 | 0 | 0 | 0.08 | 14.29 | 33.33 | 8.03 | 0.0 | -3.6 | 2.95 | 0.0 | 0.0 | 0 | 0 | 0 | 6.28 | 7.53 | 36.52 | 9.23 | 5.01 | 22.41 | 0.18 | -43.75 | -28.0 | 6.46 | 4.87 | 33.2 | 0.00 | 0 | 0 |
| 21Q1 (6) | 5.38 | -39.82 | -15.01 | 12.12 | 32.6 | 75.65 | 0 | 0 | 0 | 0 | 0 | 0 | 34.37 | -3.24 | 82.14 | 0.91 | 16.67 | 506.67 | 43.35 | 10.56 | 70.2 | 31.60 | -1.93 | 0 | 19.8 | 28.32 | 52.19 | 0 | 0 | 0 | 0 | 0 | 0 | 0.07 | 0.0 | 0.0 | 8.03 | 0.0 | -3.6 | 2.95 | 0.0 | 5.73 | 0 | 0 | 0 | 5.84 | -15.85 | 62.22 | 8.79 | -11.12 | 37.56 | 0.32 | -3.03 | 18.52 | 6.16 | -15.27 | 59.17 | 0.00 | 0 | -100.0 |
| 20Q4 (5) | 8.94 | 17.79 | 101.35 | 9.14 | 3.51 | 27.12 | 0 | 0 | 0 | 0 | 0 | 0 | 35.52 | 1.2 | 44.86 | 0.78 | -36.07 | 116.67 | 39.21 | -1.21 | 23.38 | 32.23 | -10.14 | 0 | 15.43 | -0.26 | 28.48 | 0 | 0 | 0 | 0 | 0 | 0 | 0.07 | -12.5 | -12.5 | 8.03 | 0.0 | -3.6 | 2.95 | 0.0 | 5.73 | 0 | 0 | 0 | 6.94 | 12.66 | 62.15 | 9.89 | 8.56 | 39.69 | 0.33 | 17.86 | 0.0 | 7.27 | 12.89 | 57.7 | 0.00 | 0 | -100.0 |
| 20Q3 (4) | 7.59 | -10.5 | 0.0 | 8.83 | 9.83 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 35.1 | 9.07 | 0.0 | 1.22 | 4.27 | 0.0 | 39.69 | 12.09 | 0.0 | 35.86 | 0 | 0.0 | 15.47 | 15.28 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.08 | 33.33 | 0.0 | 8.03 | -3.6 | 0.0 | 2.95 | 0.0 | 0.0 | 0 | 0 | 0.0 | 6.16 | 33.91 | 0.0 | 9.11 | 20.82 | 0.0 | 0.28 | 12.0 | 0.0 | 6.44 | 32.78 | 0.0 | 0.00 | 0 | 0.0 |
