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 | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 (10) | 0.84 | 6.33 | 1.24 | 0.0 | 0.42 | -72.73 | 0 | 0 | 5.08 | -7.97 | -1.04 | 0 | 1.15 | -26.28 | 22.64 | -19.9 | 2.52 | 6.78 | 0 | 0 | 22.91 | 0.04 | 0.02 | 0.0 | 7.0 | 0.0 | 0 | 0 | 0 | 0 | -6.02 | 0 | -6.02 | 0 | -0.02 | 0 | -6.04 | 0 | 0.00 | 0 |
| 2020 (9) | 0.79 | -45.14 | 1.24 | 0.0 | 1.54 | 258.14 | 0 | 0 | 5.52 | -25.81 | -2.85 | 0 | 1.56 | -3.11 | 28.26 | 30.6 | 2.36 | -13.55 | 0 | 0 | 22.9 | -4.74 | 0.02 | 0.0 | 7.0 | 0.0 | 0 | 0 | 0 | 0 | -4.98 | 0 | -4.98 | 0 | -0.01 | 0 | -4.99 | 0 | 0.00 | 0 |
| 2019 (8) | 1.44 | 16.13 | 1.24 | -3.12 | 0.43 | -2.27 | 0 | 0 | 7.44 | -17.52 | -2.31 | 0 | 1.61 | -5.85 | 21.64 | 14.15 | 2.73 | -10.49 | 0 | 0 | 24.04 | -5.13 | 0.02 | 0.0 | 7.0 | -77.25 | 0 | 0 | 0 | 0 | -2.32 | 0 | -2.32 | 0 | 0 | 0 | -2.32 | 0 | 0.00 | 0 |
| 2018 (7) | 1.24 | -3.88 | 1.28 | 0.0 | 0.44 | 0.0 | 0 | 0 | 9.02 | -26.37 | -3.43 | 0 | 1.71 | -32.68 | 18.96 | -8.57 | 3.05 | -15.51 | 0 | 0 | 25.34 | -0.08 | 0.02 | 0.0 | 30.77 | -2.38 | 0 | 0 | 0 | 0 | -23.78 | 0 | -23.78 | 0 | 0.08 | 0 | -23.7 | 0 | 0.00 | 0 |
| 2017 (6) | 1.29 | 12.17 | 1.28 | -33.33 | 0.44 | -95.94 | 0 | 0 | 12.25 | -5.55 | -6.18 | 0 | 2.54 | -30.98 | 20.73 | -26.92 | 3.61 | -21.01 | 0 | 0 | 25.36 | 36.2 | 0.02 | 0.0 | 31.52 | -0.69 | 0 | 0 | 0 | 0 | -22.72 | 0 | -22.72 | 0 | -0.1 | 0 | -22.82 | 0 | 0.24 | 42.6 |
| 2016 (5) | 1.15 | -72.09 | 1.92 | -59.83 | 10.84 | 69.91 | 0 | 0 | 12.97 | -49.36 | -21.01 | 0 | 3.68 | -49.66 | 28.37 | -0.6 | 4.57 | -46.8 | 0 | 0 | 18.62 | -29.92 | 0.02 | -60.0 | 31.74 | -0.22 | 0 | 0 | 0 | 0 | -30.27 | 0 | -30.27 | 0 | -0.09 | 0 | -30.36 | 0 | 0.17 | 57.5 |
| 2015 (4) | 4.12 | -49.63 | 4.78 | -16.87 | 6.38 | -48.71 | 0 | 0 | 25.61 | -36.87 | -18.52 | 0 | 7.31 | -39.69 | 28.54 | -4.45 | 8.59 | -42.73 | 0.44 | 22.22 | 26.57 | 15.72 | 0.05 | -75.0 | 31.81 | -7.21 | 0 | 0 | 0 | 0 | -18.51 | 0 | -18.51 | 0 | 0.1 | 0 | -18.41 | 0 | 0.11 | 29.5 |
| 2014 (3) | 8.18 | -15.32 | 5.75 | 9.52 | 12.44 | -19.43 | 0 | 0 | 40.57 | 3.71 | 1.18 | 0 | 12.12 | 25.73 | 29.87 | 21.23 | 15.0 | 20.97 | 0.36 | 20.0 | 22.96 | -26.15 | 0.2 | -13.04 | 34.28 | 17.72 | 0 | 0 | 0 | 0 | -6.13 | 0 | -6.13 | 0 | -0.15 | 0 | -6.28 | 0 | 0.08 | -20.59 |
| 2013 (2) | 9.66 | -18.14 | 5.25 | 77.36 | 15.44 | 17.86 | 0 | 0 | 39.12 | 7.92 | -4.5 | 0 | 9.64 | -22.69 | 24.64 | -28.37 | 12.4 | -1.51 | 0.3 | -58.9 | 31.09 | -24.36 | 0.23 | -28.12 | 29.12 | 0.0 | 0 | 0 | 0 | 0 | -4.36 | 0 | -4.36 | 0 | 0.14 | 0 | -4.22 | 0 | 0.10 | 8.94 |
| 2012 (1) | 11.8 | 0 | 2.96 | 0 | 13.1 | 0 | 0 | 0 | 36.25 | 0 | -6.69 | 0 | 12.47 | 0 | 34.40 | 0 | 12.59 | 0 | 0.73 | 0 | 41.1 | 0 | 0.32 | 0 | 29.12 | 0 | 0.89 | 0 | 0 | 0 | -5.49 | 0 | -4.6 | 0 | -0.11 | 0 | -5.6 | 0 | 0.09 | 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 | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 22Q2 (20) | 0.68 | 38.78 | -29.17 | 1.24 | 0.0 | 0.0 | 0.93 | 121.43 | 0.0 | 0 | 0 | 0 | 0.93 | -14.68 | -34.04 | -1.21 | -80.6 | -72.86 | 1.02 | -12.82 | -37.04 | 23.89 | -3.02 | -17.57 | 2.38 | -7.39 | -1.65 | 0 | 0 | 0 | 22.3 | -2.24 | -0.45 | 0.01 | -50.0 | 0.0 | 7.5 | 7.14 | 7.14 | 0 | 0 | 0 | 0 | 0 | 0 | -8.1 | -21.26 | -37.76 | -8.1 | -21.26 | -37.76 | 0.01 | 0.0 | 200.0 | -8.09 | -21.29 | -37.35 | 0.00 | 0 | 0 |
| 22Q1 (19) | 0.49 | -41.67 | -63.97 | 1.24 | 0.0 | 0.0 | 0.42 | 0.0 | 0.0 | 0 | 0 | 0 | 1.09 | 15.96 | -23.24 | -0.67 | -331.03 | -235.0 | 1.17 | 1.74 | -22.52 | 24.63 | 8.81 | -9.3 | 2.57 | 1.98 | 4.9 | 0 | 0 | 0 | 22.81 | -0.44 | -0.44 | 0.02 | 0.0 | 100.0 | 7.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -6.68 | -10.96 | -28.96 | -6.68 | -10.96 | -28.96 | 0.01 | 150.0 | 200.0 | -6.67 | -10.43 | -28.52 | 0.00 | 0 | 0 |
| 21Q4 (18) | 0.84 | 1.2 | 6.33 | 1.24 | 0.0 | 0.0 | 0.42 | -54.84 | -72.73 | 0 | 0 | 0 | 0.94 | -28.24 | -30.37 | 0.29 | 167.44 | 220.83 | 1.15 | -26.75 | -26.28 | 22.64 | -20.84 | -19.9 | 2.52 | 2.02 | 6.78 | 0 | 0 | 0 | 22.91 | 2.28 | 0.04 | 0.02 | 0 | 0.0 | 7.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -6.02 | 4.6 | -20.88 | -6.02 | 4.6 | -20.88 | -0.02 | -100.0 | -100.0 | -6.04 | 4.43 | -21.04 | 0.00 | 0 | 0 |
| 21Q3 (17) | 0.83 | -13.54 | 7.79 | 1.24 | 0.0 | 0.0 | 0.93 | 0.0 | -71.21 | 0 | 0 | 0 | 1.31 | -7.09 | -7.09 | -0.43 | 38.57 | 58.25 | 1.57 | -3.09 | 9.79 | 28.60 | -1.32 | 25.99 | 2.47 | 2.07 | 8.81 | 0 | 0 | 0 | 22.4 | 0.0 | 5.56 | 0 | -100.0 | -100.0 | 7.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -6.31 | -7.31 | -33.12 | -6.31 | -7.31 | -33.12 | -0.01 | 0.0 | 88.89 | -6.32 | -7.3 | -30.85 | 0.00 | 0 | 0 |
| 21Q2 (16) | 0.96 | -29.41 | 21.52 | 1.24 | 0.0 | 0.0 | 0.93 | 121.43 | -1.06 | 0 | 0 | 0 | 1.41 | -0.7 | 2.17 | -0.7 | -250.0 | 21.35 | 1.62 | 7.28 | 3.18 | 28.98 | 6.71 | 27.55 | 2.42 | -1.22 | -4.35 | 0 | 0 | 0 | 22.4 | -2.23 | -4.8 | 0.01 | 0.0 | 0.0 | 7.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.88 | -13.51 | -58.06 | -5.88 | -13.51 | -58.06 | -0.01 | 0.0 | 66.67 | -5.89 | -13.49 | -57.07 | 0.00 | 0 | 0 |
| 21Q1 (15) | 1.36 | 72.15 | 56.32 | 1.24 | 0.0 | 0.0 | 0.42 | -72.73 | -2.33 | 0 | 0 | 0 | 1.42 | 5.19 | 2.9 | -0.2 | 16.67 | 71.01 | 1.51 | -3.21 | -6.79 | 27.16 | -3.9 | 21.04 | 2.45 | 3.81 | -9.93 | 0 | 0 | 0 | 22.91 | 0.04 | -4.7 | 0.01 | -50.0 | -50.0 | 7.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.18 | -4.02 | -72.09 | -5.18 | -4.02 | -72.09 | -0.01 | 0.0 | -133.33 | -5.19 | -4.01 | -74.16 | 0.00 | 0 | 0 |
| 20Q4 (14) | 0.79 | 2.6 | -45.14 | 1.24 | 0.0 | 0.0 | 1.54 | -52.32 | 258.14 | 0 | 0 | 0 | 1.35 | -4.26 | -36.62 | -0.24 | 76.7 | -380.0 | 1.56 | 9.09 | -3.11 | 28.26 | 24.51 | 30.77 | 2.36 | 3.96 | -13.55 | 0 | 0 | 0 | 22.9 | 7.92 | -4.74 | 0.02 | 0.0 | 0.0 | 7.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.98 | -5.06 | -114.66 | -4.98 | -5.06 | -114.66 | -0.01 | 88.89 | 0 | -4.99 | -3.31 | -115.09 | 0.00 | 0 | 0 |
| 20Q3 (13) | 0.77 | -2.53 | -33.04 | 1.24 | 0.0 | 0.0 | 3.23 | 243.62 | 0.0 | 0 | 0 | 0 | 1.41 | 2.17 | -30.2 | -1.03 | -15.73 | -49.28 | 1.43 | -8.92 | -27.78 | 22.70 | -0.1 | -20.78 | 2.27 | -10.28 | -20.07 | 0 | 0 | 0 | 21.22 | -9.82 | -0.09 | 0.02 | 100.0 | 100.0 | 7.0 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.74 | -27.42 | -108.81 | -4.74 | -27.42 | -108.81 | -0.09 | -200.0 | -181.82 | -4.83 | -28.8 | -123.61 | 0.00 | 0 | 0 |
| 20Q2 (12) | 0.79 | -9.2 | -57.53 | 1.24 | 0.0 | 0.0 | 0.94 | 118.6 | 118.6 | 0 | 0 | 0 | 1.38 | 0.0 | -18.34 | -0.89 | -28.99 | -11.25 | 1.57 | -3.09 | -3.09 | 22.72 | 1.26 | -3.23 | 2.53 | -6.99 | -10.28 | 0 | 0 | 0 | 23.53 | -2.12 | -2.12 | 0.01 | -50.0 | 0.0 | 7.0 | 0.0 | -77.25 | 0 | 0 | 0 | 0 | 0 | 0 | -3.72 | -23.59 | 85.33 | -3.72 | -23.59 | 85.33 | -0.03 | -200.0 | -125.0 | -3.75 | -25.84 | 85.14 | 0.00 | 0 | 0 |
| 20Q1 (11) | 0.87 | -39.58 | -75.14 | 1.24 | 0.0 | -3.12 | 0.43 | 0.0 | -2.27 | 0 | 0 | 0 | 1.38 | -35.21 | -14.29 | -0.69 | -1280.0 | 9.21 | 1.62 | 0.62 | 1.89 | 22.44 | 3.83 | 14.87 | 2.72 | -0.37 | -7.48 | 0 | 0 | 0 | 24.04 | 0.0 | -4.64 | 0.02 | 0.0 | 0.0 | 7.0 | 0.0 | -77.25 | 0 | 0 | 0 | 0 | 0 | 0 | -3.01 | -29.74 | 87.74 | -3.01 | -29.74 | 87.74 | 0.03 | 0 | -66.67 | -2.98 | -28.45 | 87.82 | 0.00 | 0 | 0 |
| 19Q4 (10) | 1.44 | 25.22 | 16.13 | 1.24 | 0.0 | -3.12 | 0.43 | -86.69 | -2.27 | 0 | 0 | 0 | 2.13 | 5.45 | 33.96 | -0.05 | 92.75 | 96.0 | 1.61 | -18.69 | -5.85 | 21.61 | -24.58 | 13.87 | 2.73 | -3.87 | -10.49 | 0 | 0 | 0 | 24.04 | 13.18 | -5.13 | 0.02 | 100.0 | 0.0 | 7.0 | 0.0 | -77.25 | 0 | 0 | 0 | 0 | 0 | 0 | -2.32 | -2.2 | 90.24 | -2.32 | -2.2 | 90.24 | 0 | -100.0 | -100.0 | -2.32 | -7.41 | 90.21 | 0.00 | 0 | 0 |
| 19Q3 (9) | 1.15 | -38.17 | -14.18 | 1.24 | 0.0 | -3.12 | 3.23 | 651.16 | -4.44 | 0 | 0 | 0 | 2.02 | 19.53 | 0.5 | -0.69 | 13.75 | 26.6 | 1.98 | 22.22 | -10.81 | 28.65 | 22.05 | 34.11 | 2.84 | 0.71 | -15.22 | 0 | 0 | -100.0 | 21.24 | -11.65 | -5.18 | 0.01 | 0.0 | -66.67 | 7.0 | -77.25 | -77.43 | 0 | 0 | 0 | 0 | 0 | 0 | -2.27 | 91.05 | 89.95 | -2.27 | 91.05 | 89.95 | 0.11 | -8.33 | 152.38 | -2.16 | 91.44 | 90.53 | 0.00 | 0 | 0 |
| 19Q2 (8) | 1.86 | -46.86 | 38.81 | 1.24 | -3.12 | -3.12 | 0.43 | -2.27 | -54.74 | 0 | 0 | 0 | 1.69 | 4.97 | -42.32 | -0.8 | -5.26 | -35.59 | 1.62 | 1.89 | -39.1 | 23.48 | 20.2 | 2.83 | 2.82 | -4.08 | -14.8 | 0 | 0 | -100.0 | 24.04 | -4.64 | -3.18 | 0.01 | -50.0 | 0.0 | 30.77 | 0.0 | -2.38 | 0 | 0 | 0 | 0 | 0 | 0 | -25.35 | -3.26 | -17.74 | -25.35 | -3.26 | -17.74 | 0.12 | 33.33 | 209.09 | -25.23 | -3.15 | -16.59 | 0.00 | 0 | 0 |
| 19Q1 (7) | 3.5 | 182.26 | 253.54 | 1.28 | 0.0 | 0.0 | 0.44 | 0.0 | 0.0 | 0 | 0 | 0 | 1.61 | 1.26 | -35.08 | -0.76 | 39.2 | -16.92 | 1.59 | -7.02 | -33.47 | 19.53 | 2.92 | 0 | 2.94 | -3.61 | -13.27 | 0 | 0 | -100.0 | 25.21 | -0.51 | -0.59 | 0.02 | 0.0 | 0.0 | 30.77 | 0.0 | -2.38 | 0 | 0 | 0 | 0 | 0 | 0 | -24.55 | -3.24 | -5.23 | -24.55 | -3.24 | -5.23 | 0.09 | 12.5 | 190.0 | -24.46 | -3.21 | -4.4 | 0.00 | 0 | 0 |
| 18Q4 (6) | 1.24 | -7.46 | 0 | 1.28 | 0.0 | 0 | 0.44 | -86.98 | 0 | 0 | 0 | 0 | 1.59 | -20.9 | -46.46 | -1.25 | -32.98 | -7.76 | 1.71 | -22.97 | 0 | 18.98 | -11.18 | 0 | 3.05 | -8.96 | 0 | 0 | -100.0 | 0 | 25.34 | 13.12 | 0 | 0.02 | -33.33 | 0 | 30.77 | -0.81 | -2.38 | 0 | 0 | 0 | 0 | 0 | 0 | -23.78 | -5.27 | 0 | -23.78 | -5.27 | -4.67 | 0.08 | 138.1 | 0 | -23.7 | -3.95 | 0 | 0.00 | 0 | -100.0 |
| 18Q3 (5) | 1.34 | 0.0 | 0 | 1.28 | 0.0 | 0 | 3.38 | 255.79 | 0 | 0 | 0 | 0 | 2.01 | -31.4 | -38.53 | -0.94 | -59.32 | 22.31 | 2.22 | -16.54 | 0 | 21.37 | -6.42 | 0 | 3.35 | 1.21 | 0 | 2.81 | -5.39 | 0 | 22.4 | -9.79 | 0 | 0.03 | 200.0 | 0 | 31.02 | -1.59 | -1.59 | 0 | 0 | 0 | 0 | 0 | 0 | -22.59 | -4.92 | 0 | -22.59 | -4.92 | -4.78 | -0.21 | -90.91 | 0 | -22.8 | -5.36 | 0 | 0.00 | 0 | -100.0 |
| 18Q2 (4) | 1.34 | 35.35 | 0.0 | 1.28 | 0.0 | 0.0 | 0.95 | 115.91 | 0.0 | 0 | 0 | 0.0 | 2.93 | 18.15 | 0.0 | -0.59 | 9.23 | 0.0 | 2.66 | 11.3 | 0.0 | 22.83 | 0 | 0.0 | 3.31 | -2.36 | 0.0 | 2.97 | -3.88 | 0.0 | 24.83 | -2.09 | 0.0 | 0.01 | -50.0 | 0.0 | 31.52 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | -21.53 | 7.72 | 0.0 | -21.53 | 7.72 | 0.0 | -0.11 | -10.0 | 0.0 | -21.64 | 7.64 | 0.0 | 0.00 | 0 | 0.0 |
