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) | 9.02 | 74.81 | 0.95 | 375.0 | 0 | 0 | 0 | 0 | 12.64 | -4.17 | 2.87 | 168.22 | 1.3 | 4.0 | 10.28 | 8.53 | 4.95 | -38.66 | 0.11 | 57.14 | 0 | 0 | 0.01 | -50.0 | 8.98 | 0.0 | 5.48 | 2.05 | 0.11 | -78.85 | 3.51 | 119.38 | 9.09 | 21.36 | -0.11 | 0 | 3.4 | 128.19 | 0.01 | 1.23 |
| 2022 (9) | 5.16 | -1.71 | 0.2 | -93.22 | 0 | 0 | 0 | 0 | 13.19 | 5.86 | 1.07 | -39.55 | 1.25 | 47.06 | 9.48 | 38.92 | 8.07 | -5.5 | 0.07 | 0.0 | 0.01 | -90.91 | 0.02 | 0.0 | 8.98 | 0.0 | 5.37 | 3.47 | 0.52 | 44.44 | 1.6 | -17.53 | 7.49 | 0.13 | -0.11 | 0 | 1.49 | 4.93 | 0.01 | 50.0 |
| 2021 (8) | 5.25 | -8.38 | 2.95 | -23.18 | 0.01 | -85.71 | 0 | 0 | 12.46 | 7.69 | 1.77 | 11.32 | 0.85 | -28.57 | 6.82 | -33.67 | 8.54 | 48.78 | 0.07 | -22.22 | 0.11 | 83.33 | 0.02 | -33.33 | 8.98 | 0.0 | 5.19 | 3.18 | 0.36 | 0 | 1.94 | 22.78 | 7.48 | 13.16 | -0.52 | 0 | 1.42 | 18.33 | 0.01 | 3.96 |
| 2020 (7) | 5.73 | -6.37 | 3.84 | -57.52 | 0.07 | 0 | 0 | 0 | 11.57 | -16.22 | 1.59 | 695.0 | 1.19 | 0.85 | 10.29 | 20.37 | 5.74 | 3.99 | 0.09 | -10.0 | 0.06 | 0 | 0.03 | 0.0 | 8.98 | -0.11 | 5.03 | -17.27 | 0 | 0 | 1.58 | 0 | 6.61 | 31.41 | -0.38 | 0 | 1.2 | 0 | 0.01 | -8.35 |
| 2019 (6) | 6.12 | -15.59 | 9.04 | -8.59 | 0 | 0 | 0 | 0 | 13.81 | -6.69 | 0.2 | -70.59 | 1.18 | -24.84 | 8.54 | -19.45 | 5.52 | -16.49 | 0.1 | -16.67 | 0 | 0 | 0.03 | -40.0 | 8.99 | 0.45 | 6.08 | 0.0 | 0 | 0 | -1.05 | 0 | 5.03 | 4.36 | -0.28 | 0 | -1.33 | 0 | 0.01 | 17.99 |
| 2018 (5) | 7.25 | -14.2 | 9.89 | 41.29 | 0 | 0 | 0 | 0 | 14.8 | -6.8 | 0.68 | 0 | 1.57 | -8.72 | 10.61 | -2.06 | 6.61 | -21.03 | 0.12 | -7.69 | 0 | 0 | 0.05 | -16.67 | 8.95 | 0.11 | 6.08 | 0.0 | 0 | 0 | -1.26 | 0 | 4.82 | 11.57 | -0.21 | 0 | -1.47 | 0 | 0.01 | -40.38 |
| 2017 (4) | 8.45 | -39.73 | 7.0 | -27.46 | 0 | 0 | 0 | 0 | 15.88 | -16.64 | -1.75 | 0 | 1.72 | -2.27 | 10.83 | 17.24 | 8.37 | 7.17 | 0.13 | 62.5 | 0 | 0 | 0.06 | -25.0 | 8.94 | 13.45 | 6.08 | 2.36 | 0 | 0 | -1.76 | 0 | 4.32 | -41.54 | -0.43 | 0 | -2.19 | 0 | 0.01 | -17.61 |
| 2016 (3) | 14.02 | 22.23 | 9.65 | 1830.0 | 0 | 0 | 0 | 0 | 19.05 | -9.93 | 1.4 | -60.23 | 1.76 | -7.85 | 9.24 | 2.3 | 7.81 | 17.27 | 0.08 | -65.22 | 0 | 0 | 0.08 | 0 | 7.88 | 1.55 | 5.94 | 6.26 | 0 | 0 | 1.45 | -59.38 | 7.39 | -19.32 | -0.11 | 0 | 1.34 | -61.93 | 0.01 | 22.11 |
| 2015 (2) | 11.47 | 9.55 | 0.5 | 0 | 0 | 0 | 0 | 0 | 21.15 | -4.82 | 3.52 | -28.16 | 1.91 | 33.57 | 9.03 | 40.32 | 6.66 | -16.75 | 0.23 | 0 | 0 | 0 | 0 | 0 | 7.76 | 10.86 | 5.59 | 9.61 | 0 | 0 | 3.57 | -27.59 | 9.16 | -9.58 | -0.05 | 0 | 3.52 | -29.88 | 0.01 | 318.74 |
| 2014 (1) | 10.47 | 4.7 | 0 | 0 | 0 | 0 | 0 | 0 | 22.22 | -1.59 | 4.9 | -15.81 | 1.43 | -11.18 | 6.44 | -9.74 | 8.0 | -11.41 | 0 | 0 | 0 | 0 | 0 | 0 | 7.0 | 10.06 | 5.1 | 12.83 | 0.1 | -16.67 | 4.93 | -15.44 | 10.13 | -3.25 | 0.09 | 0 | 5.02 | -12.39 | 0.00 | 143.22 |
| 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) | 10.45 | -7.52 | 8.18 | 1.1 | -15.38 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.65 | -7.99 | -16.4 | 0.13 | -93.66 | -56.67 | 1.1 | 6.8 | -14.73 | 9.07 | 11.37 | -9.74 | 3.96 | -11.41 | -34.11 | 0.1 | -9.09 | 0.0 | 0 | 0 | 0 | 0.01 | 0.0 | 0.0 | 7.99 | -11.02 | -11.02 | 5.76 | 0.0 | 5.11 | 0.11 | 0.0 | 0.0 | 5.13 | 2.81 | 83.87 | 11.0 | 1.29 | 31.42 | 0.03 | -70.0 | -70.0 | 5.16 | 1.38 | 78.55 | 0.01 | -31.71 | -33.57 |
| 24Q2 (19) | 11.3 | 5.51 | 35.01 | 1.3 | 4.0 | 18.18 | 0 | 0 | 0 | 0 | 0 | 0 | 2.88 | -11.11 | -11.93 | 2.05 | -11.64 | 118.09 | 1.03 | -20.77 | -10.43 | 8.14 | -18.33 | -7.11 | 4.47 | -0.67 | -30.8 | 0.11 | 0.0 | 10.0 | 0 | 0 | -100.0 | 0.01 | 0.0 | 0.0 | 8.98 | 0.0 | 0.0 | 5.76 | 5.11 | 5.11 | 0.11 | 0.0 | 0.0 | 4.99 | 54.49 | 100.4 | 10.86 | 23.27 | 34.57 | 0.1 | 150.0 | 433.33 | 5.09 | 55.66 | 106.91 | 0.01 | -13.14 | 17.32 |
| 24Q1 (18) | 10.71 | 18.74 | 71.09 | 1.25 | 31.58 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.24 | -3.57 | 14.08 | 2.32 | 217.81 | 157.78 | 1.3 | 0.0 | 60.49 | 9.97 | -3.07 | 63.32 | 4.5 | -9.09 | -37.85 | 0.11 | 0.0 | 57.14 | 0 | 0 | -100.0 | 0.01 | 0.0 | -50.0 | 8.98 | 0.0 | 0.0 | 5.48 | 0.0 | 0.0 | 0.11 | 0.0 | 0.0 | 3.23 | -7.98 | 109.74 | 8.81 | -3.08 | 23.56 | 0.04 | 136.36 | 133.33 | 3.27 | -3.82 | 130.28 | 0.01 | 9.68 | 3.72 |
| 23Q4 (17) | 9.02 | -6.63 | 74.81 | 0.95 | -13.64 | 375.0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.36 | 5.99 | -5.62 | 0.73 | 143.33 | 121.21 | 1.3 | 0.78 | 4.0 | 10.28 | 2.37 | 8.44 | 4.95 | -17.64 | -38.66 | 0.11 | 10.0 | 57.14 | 0 | 0 | -100.0 | 0.01 | 0.0 | -50.0 | 8.98 | 0.0 | 0.0 | 5.48 | 0.0 | 2.05 | 0.11 | 0.0 | -78.85 | 3.51 | 25.81 | 119.38 | 9.09 | 8.6 | 21.36 | -0.11 | -210.0 | 0.0 | 3.4 | 17.65 | 128.19 | 0.01 | 2.1 | 1.23 |
| 23Q3 (16) | 9.66 | 15.41 | 64.29 | 1.1 | 0.0 | 144.44 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.17 | -3.06 | -8.12 | 0.3 | -68.09 | -30.23 | 1.29 | 12.17 | 7.5 | 10.05 | 14.62 | 8.34 | 6.01 | -6.97 | -33.3 | 0.1 | 0.0 | 25.0 | 0 | -100.0 | 0 | 0.01 | 0.0 | -50.0 | 8.98 | 0.0 | 0.0 | 5.48 | 0.0 | 2.05 | 0.11 | 0.0 | -78.85 | 2.79 | 12.05 | 121.43 | 8.37 | 3.72 | 17.06 | 0.1 | 433.33 | 600.0 | 2.89 | 17.48 | 133.06 | 0.01 | 20.61 | 8.58 |
| 23Q2 (15) | 8.37 | 33.71 | 96.48 | 1.1 | 0 | 144.44 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.27 | 15.14 | -4.39 | 0.94 | 4.44 | 547.62 | 1.15 | 41.98 | -10.85 | 8.77 | 43.6 | -13.09 | 6.46 | -10.77 | -29.78 | 0.1 | 42.86 | 66.67 | 0.01 | 0.0 | -91.67 | 0.01 | -50.0 | -50.0 | 8.98 | 0.0 | 0.0 | 5.48 | 0.0 | 2.05 | 0.11 | 0.0 | -78.85 | 2.49 | 61.69 | 200.0 | 8.07 | 13.18 | 20.27 | -0.03 | 75.0 | 90.0 | 2.46 | 73.24 | 364.15 | 0.01 | -23.21 | -2.71 |
| 23Q1 (14) | 6.26 | 21.32 | 28.54 | 0 | -100.0 | -100.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.84 | -20.22 | 3.27 | 0.9 | 172.73 | 73.08 | 0.81 | -35.2 | 1.25 | 6.10 | -35.64 | -4.01 | 7.24 | -10.29 | -21.3 | 0.07 | 0.0 | 0.0 | 0.01 | 0.0 | -90.91 | 0.02 | 0.0 | 0.0 | 8.98 | 0.0 | 0.0 | 5.48 | 2.05 | 5.59 | 0.11 | -78.85 | -69.44 | 1.54 | -3.75 | -37.4 | 7.13 | -4.81 | -10.99 | -0.12 | -9.09 | 70.0 | 1.42 | -4.7 | -31.07 | 0.01 | 7.05 | 44.1 |
| 22Q4 (13) | 5.16 | -12.24 | -1.71 | 0.2 | -55.56 | -93.22 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 3.56 | 3.19 | 7.23 | 0.33 | -23.26 | -46.77 | 1.25 | 4.17 | 47.06 | 9.48 | 2.27 | 39.14 | 8.07 | -10.43 | -5.5 | 0.07 | -12.5 | 0.0 | 0.01 | 0 | -90.91 | 0.02 | 0.0 | 0.0 | 8.98 | 0.0 | 0.0 | 5.37 | 0.0 | 3.47 | 0.52 | 0.0 | 44.44 | 1.6 | 26.98 | -17.53 | 7.49 | 4.76 | 0.13 | -0.11 | -450.0 | 78.85 | 1.49 | 20.16 | 4.93 | 0.01 | 9.52 | 50.0 |
| 22Q3 (12) | 5.88 | 38.03 | 2.26 | 0.45 | 0.0 | -84.54 | 0.01 | 0.0 | -91.67 | 0 | 0 | 0 | 3.45 | 0.88 | 4.55 | 0.43 | 304.76 | 79.17 | 1.2 | -6.98 | 11.11 | 9.27 | -8.06 | 4.07 | 9.01 | -2.07 | 50.92 | 0.08 | 33.33 | 14.29 | 0 | -100.0 | -100.0 | 0.02 | 0.0 | -33.33 | 8.98 | 0.0 | 0.0 | 5.37 | 0.0 | 3.47 | 0.52 | 0.0 | 44.44 | 1.26 | 51.81 | -3.82 | 7.15 | 6.56 | 4.38 | -0.02 | 93.33 | 95.83 | 1.24 | 133.96 | 49.4 | 0.01 | 8.07 | 43.37 |
| 22Q2 (11) | 4.26 | -12.53 | -1.39 | 0.45 | 0.0 | -84.54 | 0.01 | 0.0 | -91.67 | 0 | 0 | 0 | 3.42 | 24.36 | 6.54 | -0.21 | -140.38 | -146.67 | 1.29 | 61.25 | 5.74 | 10.09 | 58.6 | -2.69 | 9.2 | 0.0 | 64.58 | 0.06 | -14.29 | -25.0 | 0.12 | 9.09 | 0.0 | 0.02 | 0.0 | -33.33 | 8.98 | 0.0 | 0.0 | 5.37 | 3.47 | 6.76 | 0.52 | 44.44 | 0 | 0.83 | -66.26 | -66.53 | 6.71 | -16.23 | -10.65 | -0.3 | 25.0 | 34.78 | 0.53 | -74.27 | -73.76 | 0.01 | 13.73 | 27.36 |
| 22Q1 (10) | 4.87 | -7.24 | 15.13 | 0.45 | -84.75 | -78.97 | 0.01 | 0.0 | -87.5 | 0 | 0 | 0 | 2.75 | -17.17 | 4.17 | 0.52 | -16.13 | 15.56 | 0.8 | -5.88 | -11.11 | 6.36 | -6.71 | -22.77 | 9.2 | 7.73 | 65.17 | 0.07 | 0.0 | -12.5 | 0.11 | 0.0 | 120.0 | 0.02 | 0.0 | -33.33 | 8.98 | 0.0 | 0.0 | 5.19 | 0.0 | 3.18 | 0.36 | 0.0 | 0 | 2.46 | 26.8 | 21.18 | 8.01 | 7.09 | 13.46 | -0.4 | 23.08 | 0.0 | 2.06 | 45.07 | 26.38 | 0.01 | 11.44 | 18.68 |
| 21Q4 (9) | 5.25 | -8.7 | -8.38 | 2.95 | 1.37 | -23.18 | 0.01 | -91.67 | -85.71 | 0 | 0 | 0 | 3.32 | 0.61 | 11.78 | 0.62 | 158.33 | -20.51 | 0.85 | -21.3 | -28.57 | 6.82 | -23.51 | -33.73 | 8.54 | 43.05 | 48.78 | 0.07 | 0.0 | -22.22 | 0.11 | -8.33 | 83.33 | 0.02 | -33.33 | -33.33 | 8.98 | 0.0 | 0.0 | 5.19 | 0.0 | 3.18 | 0.36 | 0.0 | 0 | 1.94 | 48.09 | 22.78 | 7.48 | 9.2 | 13.16 | -0.52 | -8.33 | -36.84 | 1.42 | 71.08 | 18.33 | 0.01 | 4.67 | 3.96 |
| 21Q3 (8) | 5.75 | 33.1 | -12.75 | 2.91 | 0.0 | -33.86 | 0.12 | 0.0 | 71.43 | 0 | 0 | 0 | 3.3 | 2.8 | 11.86 | 0.24 | -46.67 | -44.19 | 1.08 | -11.48 | -1.82 | 8.91 | -14.03 | -4.25 | 5.97 | 6.8 | 3.11 | 0.07 | -12.5 | -22.22 | 0.12 | 0.0 | 140.0 | 0.03 | 0.0 | 50.0 | 8.98 | 0.0 | 0.0 | 5.19 | 3.18 | 3.18 | 0.36 | 0 | 0 | 1.31 | -47.18 | 63.75 | 6.85 | -8.79 | 17.29 | -0.48 | -4.35 | -29.73 | 0.83 | -58.91 | 93.02 | 0.01 | -3.99 | 3.55 |
| 21Q2 (7) | 4.32 | 2.13 | -38.72 | 2.91 | 35.98 | -66.93 | 0.12 | 50.0 | 140.0 | 0 | 0 | 0 | 3.21 | 21.59 | 35.44 | 0.45 | 0.0 | 550.0 | 1.22 | 35.56 | 1.67 | 10.37 | 25.88 | 0 | 5.59 | 0.36 | 3.33 | 0.08 | 0.0 | -11.11 | 0.12 | 140.0 | 71.43 | 0.03 | 0.0 | 50.0 | 8.98 | 0.0 | 0.0 | 5.03 | 0.0 | 0.0 | 0 | 0 | 0 | 2.48 | 22.17 | 552.63 | 7.51 | 6.37 | 38.82 | -0.46 | -15.0 | -31.43 | 2.02 | 23.93 | 6633.33 | 0.01 | 5.98 | 15.75 |
| 21Q1 (6) | 4.23 | -26.18 | -34.72 | 2.14 | -44.27 | -76.33 | 0.08 | 14.29 | 0 | 0 | 0 | 0 | 2.64 | -11.11 | -19.51 | 0.45 | -42.31 | -6.25 | 0.9 | -24.37 | -41.56 | 8.23 | -19.94 | 0 | 5.57 | -2.96 | 16.77 | 0.08 | -11.11 | -11.11 | 0.05 | -16.67 | 0 | 0.03 | 0.0 | 0.0 | 8.98 | 0.0 | -0.11 | 5.03 | 0.0 | -17.27 | 0 | 0 | 0 | 2.03 | 28.48 | 456.14 | 7.06 | 6.81 | 28.13 | -0.4 | -5.26 | -25.0 | 1.63 | 35.83 | 283.15 | 0.01 | -2.38 | -8.1 |
| 20Q4 (5) | 5.73 | -13.05 | -6.37 | 3.84 | -12.73 | -57.52 | 0.07 | 0.0 | 0 | 0 | 0 | 0 | 2.97 | 0.68 | -7.76 | 0.78 | 81.4 | 295.0 | 1.19 | 8.18 | 0.85 | 10.29 | 10.52 | 0 | 5.74 | -0.86 | 3.99 | 0.09 | 0.0 | -10.0 | 0.06 | 20.0 | 0 | 0.03 | 50.0 | 0.0 | 8.98 | 0.0 | -0.11 | 5.03 | 0.0 | -17.27 | 0 | 0 | 0 | 1.58 | 97.5 | 250.48 | 6.61 | 13.18 | 31.41 | -0.38 | -2.7 | -35.71 | 1.2 | 179.07 | 190.23 | 0.01 | 4.26 | -8.35 |
| 20Q3 (4) | 6.59 | -6.52 | 0.0 | 4.4 | -50.0 | 0.0 | 0.07 | 40.0 | 0.0 | 0 | 0 | 0.0 | 2.95 | 24.47 | 0.0 | 0.43 | 530.0 | 0.0 | 1.1 | -8.33 | 0.0 | 9.31 | 0 | 0.0 | 5.79 | 7.02 | 0.0 | 0.09 | 0.0 | 0.0 | 0.05 | -28.57 | 0.0 | 0.02 | 0.0 | 0.0 | 8.98 | 0.0 | 0.0 | 5.03 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0.8 | 110.53 | 0.0 | 5.84 | 7.95 | 0.0 | -0.37 | -5.71 | 0.0 | 0.43 | 1333.33 | 0.0 | 0.01 | 7.32 | 0.0 |
