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) | 13.66 | -7.95 | 1.26 | -70.83 | 1.06 | -90.07 | 0 | 0 | 127.13 | -8.26 | 12.32 | -2.53 | 44.19 | -1.58 | 34.76 | 7.28 | 23.07 | 11.34 | 1.17 | 12.5 | 9.16 | 259.22 | 1.87 | 8.09 | 8.95 | 1.24 | 6.14 | 25.82 | 0.17 | -81.72 | 39.26 | 18.83 | 45.58 | 17.32 | 0.03 | 0 | 39.29 | 19.53 | 0.03 | -19.89 |
| 2022 (9) | 14.84 | -0.67 | 4.32 | 3.85 | 10.67 | 0 | 0 | 0 | 138.57 | -2.81 | 12.64 | 11.56 | 44.9 | -5.37 | 32.40 | -2.64 | 20.72 | -9.6 | 1.04 | 19.54 | 2.55 | -80.37 | 1.73 | 38.4 | 8.84 | 0.0 | 4.88 | 30.13 | 0.93 | 121.43 | 33.04 | 21.38 | 38.85 | 23.8 | -0.17 | 0 | 32.87 | 25.03 | 0.04 | 24.19 |
| 2021 (8) | 14.94 | 6.26 | 4.16 | 362.22 | 0 | 0 | 0 | 0 | 142.58 | 16.73 | 11.33 | 1.98 | 47.45 | 2.04 | 33.28 | -12.59 | 22.92 | 46.27 | 0.87 | 38.1 | 12.99 | 38.78 | 1.25 | 58.23 | 8.84 | 0.0 | 3.75 | 42.05 | 0.42 | -52.27 | 27.22 | 27.43 | 31.38 | 26.07 | -0.93 | 0 | 26.29 | 25.55 | 0.03 | 374.03 |
| 2020 (7) | 14.06 | 206.32 | 0.9 | -64.98 | 0 | 0 | 0 | 0 | 122.14 | 19.18 | 11.11 | 15.25 | 46.5 | 31.17 | 38.07 | 10.06 | 15.67 | 24.27 | 0.63 | -37.0 | 9.36 | 298.3 | 0.79 | 2.6 | 8.84 | 2.31 | 2.64 | 57.14 | 0.88 | 700.0 | 21.36 | 30.72 | 24.89 | 37.29 | -0.42 | 0 | 20.94 | 35.45 | 0.01 | 57.12 |
| 2019 (6) | 4.59 | 9.03 | 2.57 | -62.37 | 0 | 0 | 0 | 0 | 102.48 | 33.89 | 9.64 | 313.73 | 35.45 | 44.69 | 34.59 | 8.07 | 12.61 | 1.04 | 1.0 | -28.06 | 2.35 | 0 | 0.77 | -10.47 | 8.64 | 3.97 | 1.68 | 16.67 | 0.11 | 0 | 16.34 | 96.63 | 18.13 | 85.76 | -0.88 | 0 | 15.46 | 88.54 | 0.00 | -4.7 |
| 2018 (5) | 4.21 | 39.4 | 6.83 | 178.78 | 0.27 | -78.05 | 0 | 0 | 76.54 | 10.15 | 2.33 | -19.66 | 24.5 | 4.43 | 32.01 | -5.19 | 12.48 | 33.76 | 1.39 | -17.26 | 0 | 0 | 0.86 | 65.38 | 8.31 | 2.97 | 1.44 | 25.22 | 0 | 0 | 8.31 | 5.19 | 9.76 | 7.85 | -0.11 | 0 | 8.2 | 1.86 | 0.00 | -19.31 |
| 2017 (4) | 3.02 | -13.96 | 2.45 | 1431.25 | 1.23 | 0 | 0 | 0 | 69.49 | 6.14 | 2.9 | -53.23 | 23.46 | 13.55 | 33.76 | 6.98 | 9.33 | 54.47 | 1.68 | -8.2 | 0 | 0 | 0.52 | 136.36 | 8.07 | 2.02 | 1.15 | 116.98 | 0 | 0 | 7.9 | -5.95 | 9.05 | 1.23 | 0.15 | -58.33 | 8.05 | -8.11 | 0.01 | -38.49 |
| 2016 (3) | 3.51 | 19.8 | 0.16 | -94.68 | 0 | 0 | 0 | 0 | 65.47 | 39.24 | 6.2 | 260.47 | 20.66 | 51.47 | 31.56 | 8.78 | 6.04 | 24.28 | 1.83 | -2.66 | 1.7 | 347.37 | 0.22 | 46.67 | 7.91 | 11.25 | 0.53 | 47.22 | 0 | 0 | 8.4 | 172.73 | 8.94 | 159.88 | 0.36 | -73.13 | 8.76 | 98.19 | 0.01 | -45.1 |
| 2015 (2) | 2.93 | 25.21 | 3.01 | -15.92 | 0.5 | 0.0 | 0 | 0 | 47.02 | 10.79 | 1.72 | 1046.67 | 13.64 | 21.46 | 29.01 | 9.63 | 4.86 | 7.05 | 1.88 | 5.62 | 0.38 | -56.82 | 0.15 | 0 | 7.11 | 0.0 | 0.36 | 2.86 | 0 | 0 | 3.08 | 102.63 | 3.44 | 84.95 | 1.34 | -3.6 | 4.42 | 51.89 | 0.02 | 37.78 |
| 2014 (1) | 2.34 | -55.17 | 3.58 | -54.85 | 0.5 | -19.35 | 0 | 0 | 42.44 | -3.04 | 0.15 | -61.54 | 11.23 | 22.73 | 26.46 | 26.58 | 4.54 | -5.81 | 1.78 | 34.85 | 0.88 | 0 | 0 | 0 | 7.11 | 0.57 | 0.35 | 12.9 | 0 | 0 | 1.52 | -15.08 | 1.86 | -11.0 | 1.39 | 31.13 | 2.91 | 2.11 | 0.01 | -12.52 |
| 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) | 23.66 | 47.23 | 91.73 | 1.63 | -67.14 | 307.5 | 0.03 | -97.12 | -99.72 | 0 | 0 | 0 | 42.19 | -1.49 | 20.82 | 3.98 | -37.03 | -19.11 | 52.99 | -2.57 | 18.39 | 35.33 | -7.3 | 1.01 | 28.51 | 7.46 | 34.74 | 1.2 | -1.64 | 25.0 | 17.5 | 321.69 | 757.84 | 2.06 | 4.04 | 25.61 | 9.15 | 0.11 | 3.51 | 7.38 | 0.0 | 20.2 | 0 | 0 | -100.0 | 46.54 | 9.3 | 25.68 | 53.91 | 7.91 | 24.39 | 2.54 | 95.38 | 2053.85 | 49.08 | 11.85 | 33.01 | 0.04 | -5.03 | 0.08 |
| 24Q2 (19) | 16.07 | 14.54 | 19.66 | 4.96 | 57.96 | 300.0 | 1.04 | -0.95 | -90.33 | 0 | 0 | 0 | 42.83 | 35.88 | 64.98 | 6.32 | 59.6 | 164.44 | 54.39 | 17.42 | 30.4 | 38.11 | 3.54 | 15.49 | 26.53 | 6.89 | 31.08 | 1.22 | 4.27 | 22.0 | 4.15 | -33.06 | 102.44 | 1.98 | 3.12 | 19.28 | 9.14 | 0.55 | 3.39 | 7.38 | 20.2 | 20.2 | 0 | -100.0 | -100.0 | 42.58 | -1.07 | 32.61 | 49.96 | 1.24 | 30.04 | 1.3 | 6.56 | 235.42 | 43.88 | -0.86 | 40.87 | 0.04 | 16.68 | 0.51 |
| 24Q1 (18) | 14.03 | 2.71 | -0.85 | 3.14 | 149.21 | 23.62 | 1.05 | -0.94 | -90.19 | 0 | 0 | 0 | 31.52 | -5.74 | -3.9 | 3.96 | 76.79 | 42.96 | 46.32 | 4.82 | -3.9 | 36.81 | 5.89 | 1.96 | 24.82 | 7.59 | 23.36 | 1.17 | 0.0 | 18.18 | 6.2 | -32.31 | 142.19 | 1.92 | 2.67 | 15.66 | 9.09 | 1.56 | 2.83 | 6.14 | 0.0 | 25.82 | 0.17 | 0.0 | -81.72 | 43.04 | 9.63 | 20.19 | 49.35 | 8.27 | 18.54 | 1.22 | 3966.67 | 6200.0 | 44.26 | 12.65 | 23.67 | 0.03 | 1.19 | -8.35 |
| 23Q4 (17) | 13.66 | 10.7 | -7.95 | 1.26 | 215.0 | -70.83 | 1.06 | -90.1 | -90.07 | 0 | 0 | 0 | 33.44 | -4.24 | -2.45 | 2.24 | -54.47 | 9.8 | 44.19 | -1.27 | -1.58 | 34.76 | -0.62 | 7.29 | 23.07 | 9.03 | 11.34 | 1.17 | 21.88 | 12.5 | 9.16 | 349.02 | 259.22 | 1.87 | 14.02 | 8.09 | 8.95 | 1.24 | 1.24 | 6.14 | 0.0 | 25.82 | 0.17 | 0.0 | -81.72 | 39.26 | 6.02 | 18.83 | 45.58 | 5.17 | 17.32 | 0.03 | 123.08 | 117.65 | 39.29 | 6.48 | 19.53 | 0.03 | -10.74 | -19.89 |
| 23Q3 (16) | 12.34 | -8.12 | -11.98 | 0.4 | -67.74 | -94.67 | 10.71 | -0.37 | 0 | 0 | 0 | 0 | 34.92 | 34.51 | 4.71 | 4.92 | 105.86 | 20.59 | 44.76 | 7.31 | -5.39 | 34.98 | 6.0 | 7.63 | 21.16 | 4.55 | -10.57 | 0.96 | -4.0 | -4.95 | 2.04 | -0.49 | -84.4 | 1.64 | -1.2 | 38.98 | 8.84 | 0.0 | 0.0 | 6.14 | 0.0 | 25.82 | 0.17 | 0.0 | -81.72 | 37.03 | 15.32 | 19.45 | 43.34 | 12.81 | 17.74 | -0.13 | 86.46 | -360.0 | 36.9 | 18.46 | 18.84 | 0.04 | -4.62 | 6.25 |
| 23Q2 (15) | 13.43 | -5.09 | -2.47 | 1.24 | -51.18 | -81.38 | 10.75 | 0.47 | 0 | 0 | 0 | 0 | 25.96 | -20.85 | -21.55 | 2.39 | -13.72 | -33.24 | 41.71 | -13.46 | -9.64 | 33.00 | -8.58 | 6.71 | 20.24 | 0.6 | -23.39 | 1.0 | 1.01 | -2.91 | 2.05 | -19.92 | -84.29 | 1.66 | 0.0 | 36.07 | 8.84 | 0.0 | 0.0 | 6.14 | 25.82 | 25.82 | 0.17 | -81.72 | -81.72 | 32.11 | -10.33 | 19.28 | 38.42 | -7.71 | 17.35 | -0.96 | -4700.0 | -317.39 | 31.15 | -12.96 | 16.71 | 0.04 | 6.39 | 13.2 |
| 23Q1 (14) | 14.15 | -4.65 | -27.51 | 2.54 | -41.2 | -69.65 | 10.7 | 0.28 | 0 | 0 | 0 | 0 | 32.8 | -4.32 | -13.37 | 2.77 | 35.78 | -5.78 | 48.2 | 7.35 | -4.35 | 36.10 | 11.42 | 4.67 | 20.12 | -2.9 | -23.38 | 0.99 | -4.81 | 5.32 | 2.56 | 0.39 | -80.34 | 1.66 | -4.05 | 30.71 | 8.84 | 0.0 | 0.0 | 4.88 | 0.0 | 30.13 | 0.93 | 0.0 | 121.43 | 35.81 | 8.38 | 18.73 | 41.63 | 7.16 | 21.3 | -0.02 | 88.24 | -110.53 | 35.79 | 8.88 | 17.92 | 0.04 | -11.55 | 16.89 |
| 22Q4 (13) | 14.84 | 5.85 | -0.67 | 4.32 | -42.48 | 3.85 | 10.67 | 0 | 0 | 0 | 0 | 0 | 34.28 | 2.79 | -16.94 | 2.04 | -50.0 | -45.6 | 44.9 | -5.09 | -5.37 | 32.40 | -0.31 | -2.65 | 20.72 | -12.43 | -9.6 | 1.04 | 2.97 | 19.54 | 2.55 | -80.5 | -80.37 | 1.73 | 46.61 | 38.4 | 8.84 | 0.0 | 0.0 | 4.88 | 0.0 | 30.13 | 0.93 | 0.0 | 121.43 | 33.04 | 6.58 | 21.38 | 38.85 | 5.54 | 23.8 | -0.17 | -440.0 | 81.72 | 32.87 | 5.86 | 25.03 | 0.04 | 18.38 | 24.19 |
| 22Q3 (12) | 14.02 | 1.82 | 62.08 | 7.51 | 12.76 | 131.08 | 0 | 0 | 0 | 0 | 0 | 0 | 33.35 | 0.79 | -9.96 | 4.08 | 13.97 | 23.26 | 47.31 | 2.49 | 6.08 | 32.50 | 5.09 | 0.22 | 23.66 | -10.45 | 17.19 | 1.01 | -1.94 | 13.48 | 13.08 | 0.23 | 1.0 | 1.18 | -3.28 | -10.61 | 8.84 | 0.0 | 0.0 | 4.88 | 0.0 | 30.13 | 0.93 | 0.0 | 121.43 | 31.0 | 15.16 | 32.08 | 36.81 | 12.43 | 33.18 | 0.05 | 121.74 | 104.0 | 31.05 | 16.34 | 39.74 | 0.04 | 1.62 | -0.31 |
| 22Q2 (11) | 13.77 | -29.46 | 0.0 | 6.66 | -20.43 | -14.29 | 0 | 0 | 0 | 0 | 0 | 0 | 33.09 | -12.6 | 10.56 | 3.58 | 21.77 | 173.28 | 46.16 | -8.39 | 9.02 | 30.93 | -10.33 | -2.04 | 26.42 | 0.61 | 38.04 | 1.03 | 9.57 | -27.97 | 13.05 | 0.23 | 1.01 | 1.22 | -3.94 | 38.64 | 8.84 | 0.0 | 0.0 | 4.88 | 30.13 | 84.85 | 0.93 | 121.43 | 5.68 | 26.92 | -10.74 | 5.07 | 32.74 | -4.6 | 12.32 | -0.23 | -221.05 | 80.99 | 26.69 | -12.06 | 9.34 | 0.03 | 9.86 | 260.08 |
| 22Q1 (10) | 19.52 | 30.66 | 94.42 | 8.37 | 101.2 | 104.65 | 0 | 0 | 0 | 0 | 0 | 0 | 37.86 | -8.26 | 10.28 | 2.94 | -21.6 | -0.68 | 50.39 | 6.2 | -0.69 | 34.49 | 3.63 | -8.87 | 26.26 | 14.57 | 52.85 | 0.94 | 8.05 | -34.72 | 13.02 | 0.23 | 38.66 | 1.27 | 1.6 | 35.11 | 8.84 | 0.0 | 0.0 | 3.75 | 0.0 | 42.05 | 0.42 | 0.0 | -52.27 | 30.16 | 10.8 | 23.96 | 34.32 | 9.37 | 23.19 | 0.19 | 120.43 | 126.76 | 30.35 | 15.44 | 28.49 | 0.03 | -6.02 | 274.09 |
| 21Q4 (9) | 14.94 | 72.72 | 6.26 | 4.16 | 28.0 | 362.22 | 0 | 0 | 0 | 0 | 0 | 0 | 41.27 | 11.42 | 13.91 | 3.75 | 13.29 | 32.98 | 47.45 | 6.39 | 2.04 | 33.28 | 2.63 | -12.57 | 22.92 | 13.52 | 46.27 | 0.87 | -2.25 | 38.1 | 12.99 | 0.31 | 38.78 | 1.25 | -5.3 | 58.23 | 8.84 | 0.0 | 0.0 | 3.75 | 0.0 | 42.05 | 0.42 | 0.0 | -52.27 | 27.22 | 15.98 | 27.43 | 31.38 | 13.53 | 26.07 | -0.93 | 25.6 | -121.43 | 26.29 | 18.32 | 25.55 | 0.03 | -4.98 | 374.03 |
| 21Q3 (8) | 8.65 | -37.18 | -21.08 | 3.25 | -58.17 | -72.43 | 0 | 0 | 0 | 0 | 0 | 0 | 37.04 | 23.76 | 10.17 | 3.31 | 152.67 | -1.19 | 44.6 | 5.34 | 1.29 | 32.43 | 2.72 | -16.19 | 20.19 | 5.49 | 34.87 | 0.89 | -37.76 | 27.14 | 12.95 | 0.23 | 2439.22 | 1.32 | 50.0 | 85.92 | 8.84 | 0.0 | 0.45 | 3.75 | 42.05 | 42.05 | 0.42 | -52.27 | -52.27 | 23.47 | -8.39 | 26.52 | 27.64 | -5.18 | 25.24 | -1.25 | -3.31 | -17.92 | 22.22 | -8.97 | 27.04 | 0.04 | 267.03 | 394.42 |
| 21Q2 (7) | 13.77 | 37.15 | 157.38 | 7.77 | 89.98 | 1114.06 | 0 | 0 | 0 | 0 | 0 | 0 | 29.93 | -12.82 | 0.17 | 1.31 | -55.74 | -62.68 | 42.34 | -16.55 | 20.11 | 31.57 | -16.59 | 0 | 19.14 | 11.41 | 29.94 | 1.43 | -0.69 | 88.16 | 12.92 | 37.59 | 474.22 | 0.88 | -6.38 | 0 | 8.84 | 0.0 | 2.2 | 2.64 | 0.0 | 0.0 | 0.88 | 0.0 | 0.0 | 25.62 | 5.3 | 68.66 | 29.15 | 4.63 | 55.72 | -1.21 | -70.42 | 14.79 | 24.41 | 3.34 | 77.27 | 0.01 | 14.14 | 59.32 |
| 21Q1 (6) | 10.04 | -28.59 | 89.43 | 4.09 | 354.44 | 169.08 | 0 | 0 | 0 | 0 | 0 | 0 | 34.33 | -5.24 | 53.12 | 2.96 | 4.96 | 106.99 | 50.74 | 9.12 | 60.82 | 37.85 | -0.58 | 0 | 17.18 | 9.64 | 55.76 | 1.44 | 128.57 | 65.52 | 9.39 | 0.32 | 319.2 | 0.94 | 18.99 | 0 | 8.84 | 0.0 | 2.2 | 2.64 | 0.0 | 57.14 | 0.88 | 0.0 | 700.0 | 24.33 | 13.9 | 37.07 | 27.86 | 11.93 | 42.65 | -0.71 | -69.05 | 35.45 | 23.62 | 12.8 | 41.86 | 0.01 | 19.08 | 75.75 |
| 20Q4 (5) | 14.06 | 28.28 | 206.32 | 0.9 | -92.37 | -64.98 | 0 | 0 | 0 | 0 | 0 | 0 | 36.23 | 7.76 | 30.0 | 2.82 | -15.82 | 33.65 | 46.5 | 5.61 | 31.17 | 38.07 | -1.62 | 0 | 15.67 | 4.68 | 24.27 | 0.63 | -10.0 | -37.0 | 9.36 | 1735.29 | 298.3 | 0.79 | 11.27 | 2.6 | 8.84 | 0.45 | 2.31 | 2.64 | 0.0 | 57.14 | 0.88 | 0.0 | 700.0 | 21.36 | 15.15 | 30.72 | 24.89 | 12.78 | 37.29 | -0.42 | 60.38 | 52.27 | 20.94 | 19.73 | 35.45 | 0.01 | -0.89 | 57.12 |
| 20Q3 (4) | 10.96 | 104.86 | 0.0 | 11.79 | 1742.19 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 33.62 | 12.52 | 0.0 | 3.35 | -4.56 | 0.0 | 44.03 | 24.91 | 0.0 | 38.69 | 0 | 0.0 | 14.97 | 1.63 | 0.0 | 0.7 | -7.89 | 0.0 | 0.51 | -77.33 | 0.0 | 0.71 | 0 | 0.0 | 8.8 | 1.73 | 0.0 | 2.64 | 0.0 | 0.0 | 0.88 | 0.0 | 0.0 | 18.55 | 22.12 | 0.0 | 22.07 | 17.9 | 0.0 | -1.06 | 25.35 | 0.0 | 17.49 | 27.02 | 0.0 | 0.01 | 18.27 | 0.0 |
