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) | 19.68 | -22.58 | 0 | 0 | 0.25 | -34.21 | 0 | 0 | 53.99 | -20.32 | -0.76 | 0 | 10.19 | 2.31 | 18.87 | 28.4 | 3.8 | -27.89 | 1.66 | 5.06 | 1.8 | -50.95 | 0.38 | -2.56 | 14.57 | 0.0 | 7.93 | 2.59 | 0.68 | 4.62 | 11.18 | -13.33 | 19.79 | -7.0 | -0.86 | 0 | 10.32 | -15.55 | 0.36 | -0.71 |
| 2022 (9) | 25.42 | 22.74 | 0.86 | 0 | 0.38 | -54.22 | 0 | 0 | 67.76 | -5.86 | 1.92 | -48.25 | 9.96 | -26.66 | 14.70 | -22.09 | 5.27 | 11.65 | 1.58 | 2.6 | 3.67 | 32.97 | 0.39 | 457.14 | 14.57 | 0.0 | 7.73 | 5.03 | 0.65 | -1.52 | 12.9 | -7.26 | 21.28 | -2.96 | -0.68 | 0 | 12.22 | -7.84 | 0.36 | 8.98 |
| 2021 (8) | 20.71 | -9.88 | 0 | 0 | 0.83 | 937.5 | 0 | 0 | 71.98 | 15.93 | 3.71 | 53.94 | 13.58 | 14.12 | 18.87 | -1.56 | 4.72 | 42.17 | 1.54 | 87.8 | 2.76 | 210.11 | 0.07 | 16.67 | 14.57 | 0.0 | 7.36 | 3.37 | 0.66 | -2.94 | 13.91 | 11.73 | 21.93 | 8.3 | -0.65 | 0 | 13.26 | 12.47 | 0.33 | -0.21 |
| 2020 (7) | 22.98 | -10.62 | 0 | 0 | 0.08 | -80.49 | 0 | 0 | 62.09 | 7.96 | 2.41 | 0.84 | 11.9 | 17.94 | 19.17 | 9.24 | 3.32 | 13.7 | 0.82 | 12.33 | 0.89 | -48.26 | 0.06 | 20.0 | 14.57 | 0.0 | 7.12 | 3.34 | 0.68 | 100.0 | 12.45 | 2.81 | 20.25 | 4.71 | -0.66 | 0 | 11.79 | 3.15 | 0.33 | -0.11 |
| 2019 (6) | 25.71 | -5.89 | 0 | 0 | 0.41 | 10.81 | 0 | 0 | 57.51 | -15.95 | 2.39 | -59.83 | 10.09 | -18.5 | 17.54 | -3.04 | 2.92 | 0.0 | 0.73 | 12.31 | 1.72 | -19.63 | 0.05 | 66.67 | 14.57 | 0.0 | 6.89 | 9.54 | 0.34 | 13.33 | 12.11 | -17.45 | 19.34 | -9.03 | -0.68 | 0 | 11.43 | -20.24 | 0.33 | 6.1 |
| 2018 (5) | 27.32 | 7.94 | 0 | 0 | 0.37 | 0 | 0 | 0 | 68.42 | -5.87 | 5.95 | -20.67 | 12.38 | -13.24 | 18.09 | -7.83 | 2.92 | -31.62 | 0.65 | 6.56 | 2.14 | 193.15 | 0.03 | -40.0 | 14.57 | 10.05 | 6.29 | 13.54 | 0.3 | 275.0 | 14.67 | -3.36 | 21.26 | 2.21 | -0.34 | 0 | 14.33 | -3.7 | 0.32 | 4.23 |
| 2017 (4) | 25.31 | -12.3 | 0 | 0 | 0 | 0 | 0 | 0 | 72.69 | -11.43 | 7.5 | -36.92 | 14.27 | -4.99 | 19.63 | 7.27 | 4.27 | -8.17 | 0.61 | 17.31 | 0.73 | 0 | 0.05 | 0.0 | 13.24 | 19.93 | 5.54 | 27.36 | 0.08 | 0 | 15.18 | -17.81 | 20.8 | -8.85 | -0.3 | 0 | 14.88 | -19.09 | 0.30 | 4.79 |
| 2016 (3) | 28.86 | 61.68 | 0 | 0 | 0 | 0 | 0 | 0 | 82.07 | 15.2 | 11.89 | 3.75 | 15.02 | 2.04 | 18.30 | -11.43 | 4.65 | -12.59 | 0.52 | 10.64 | 0 | 0 | 0.05 | -16.67 | 11.04 | 20.0 | 4.35 | 35.51 | 0 | 0 | 18.47 | 17.57 | 22.82 | 20.61 | -0.08 | 0 | 18.39 | 13.66 | 0.29 | 16.35 |
| 2015 (2) | 17.85 | 51.14 | 0 | 0 | 0.21 | 0.0 | 0 | 0 | 71.24 | 4.69 | 11.46 | 53.0 | 14.72 | 40.06 | 20.66 | 33.79 | 5.32 | 19.55 | 0.47 | -2.08 | 0.11 | -80.36 | 0.06 | -40.0 | 9.2 | 20.1 | 3.21 | 30.49 | 0 | 0 | 15.71 | 53.27 | 18.92 | 48.86 | 0.47 | -16.07 | 16.18 | 49.68 | 0.25 | -0.48 |
| 2014 (1) | 11.81 | 8.55 | 0 | 0 | 0.21 | -90.62 | 0 | 0 | 68.05 | 22.39 | 7.49 | 59.7 | 10.51 | 7.46 | 15.44 | -12.2 | 4.45 | 26.42 | 0.48 | 54.84 | 0.56 | -91.32 | 0.1 | 0.0 | 7.66 | 0.0 | 2.46 | 23.62 | 0 | 0 | 10.25 | 56.97 | 12.71 | 44.76 | 0.56 | 115.38 | 10.81 | 59.2 | 0.25 | 24.42 |
| 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) | 26.77 | 14.21 | 64.54 | 0 | 0 | 0 | 0.52 | 48.57 | 372.73 | 0 | 0 | 0 | 21.01 | 23.23 | 49.32 | 1.51 | 118.84 | 819.05 | 13.93 | 21.13 | 28.15 | 21.34 | 8.25 | 7.54 | 5.46 | 15.68 | 23.25 | 1.69 | -1.74 | 0.6 | 2.43 | 21.5 | 158.51 | 0.36 | -2.7 | 0.0 | 14.57 | 0.0 | 0.0 | 7.93 | 0.0 | 0.0 | 0.86 | 0.0 | 26.47 | 13.64 | 12.45 | 21.79 | 22.43 | 7.22 | 13.23 | -0.35 | -40.0 | 22.22 | 13.29 | 11.87 | 23.63 | 0.36 | 1.11 | 0.7 |
| 24Q2 (19) | 23.44 | 5.3 | 9.43 | 0 | 0 | 0 | 0.35 | -16.67 | 52.17 | 0 | 0 | 0 | 17.05 | 32.68 | 32.07 | 0.69 | 56.82 | 630.77 | 11.5 | 22.08 | 22.47 | 19.71 | 13.42 | 22.87 | 4.72 | -1.05 | 8.01 | 1.72 | 1.78 | 10.97 | 2.0 | 22.7 | -42.36 | 0.37 | -2.63 | 0.0 | 14.57 | 0.0 | 0.0 | 7.93 | 0.0 | 0.0 | 0.86 | 26.47 | 26.47 | 12.13 | 4.39 | 6.31 | 20.92 | 3.41 | 4.5 | -0.25 | 45.65 | 72.83 | 11.88 | 6.45 | 13.25 | 0.35 | 2.47 | 2.34 |
| 24Q1 (18) | 22.26 | 13.11 | -4.38 | 0 | 0 | 0 | 0.42 | 68.0 | 500.0 | 0 | 0 | 0 | 12.85 | -10.64 | 1.74 | 0.44 | 2300.0 | 210.0 | 9.42 | -7.56 | 5.25 | 17.38 | -7.93 | 23.73 | 4.77 | 25.53 | 3.7 | 1.69 | 1.81 | 6.96 | 1.63 | -9.44 | -59.05 | 0.38 | 0.0 | 0.0 | 14.57 | 0.0 | 0.0 | 7.93 | 0.0 | 2.59 | 0.68 | 0.0 | 4.62 | 11.62 | 3.94 | -6.97 | 20.23 | 2.22 | -3.11 | -0.46 | 46.51 | 33.33 | 11.16 | 8.14 | -5.42 | 0.35 | -4.45 | 3.07 |
| 23Q4 (17) | 19.68 | 20.96 | -22.58 | 0 | 0 | -100.0 | 0.25 | 127.27 | -34.21 | 0 | 0 | 0 | 14.38 | 2.2 | -5.27 | -0.02 | 90.48 | 93.75 | 10.19 | -6.26 | 2.31 | 18.87 | -4.87 | 28.38 | 3.8 | -14.22 | -27.89 | 1.66 | -1.19 | 5.06 | 1.8 | 91.49 | -50.95 | 0.38 | 5.56 | -2.56 | 14.57 | 0.0 | 0.0 | 7.93 | 0.0 | 2.59 | 0.68 | 0.0 | 4.62 | 11.18 | -0.18 | -13.33 | 19.79 | -0.1 | -7.0 | -0.86 | -91.11 | -26.47 | 10.32 | -4.0 | -15.55 | 0.36 | 1.73 | -0.71 |
| 23Q3 (16) | 16.27 | -24.04 | -23.04 | 0 | 0 | 0 | 0.11 | -52.17 | -85.53 | 0 | 0 | 0 | 14.07 | 8.99 | -21.04 | -0.21 | -61.54 | -123.86 | 10.87 | 15.76 | -20.13 | 19.84 | 23.68 | 2.65 | 4.43 | 1.37 | 19.09 | 1.68 | 8.39 | 9.09 | 0.94 | -72.91 | -61.94 | 0.36 | -2.7 | 800.0 | 14.57 | 0.0 | 0.0 | 7.93 | 0.0 | 2.59 | 0.68 | 0.0 | 4.62 | 11.2 | -1.84 | -14.96 | 19.81 | -1.05 | -8.07 | -0.45 | 51.09 | 13.46 | 10.75 | 2.48 | -15.02 | 0.36 | 2.76 | 3.64 |
| 23Q2 (15) | 21.42 | -7.99 | -5.01 | 0 | 0 | 0 | 0.23 | 228.57 | -64.62 | 0 | 0 | 0 | 12.91 | 2.22 | -28.67 | -0.13 | 67.5 | -117.33 | 9.39 | 4.92 | -35.73 | 16.04 | 14.22 | -22.17 | 4.37 | -5.0 | -3.96 | 1.55 | -1.9 | 4.73 | 3.47 | -12.81 | 28.52 | 0.37 | -2.63 | 640.0 | 14.57 | 0.0 | 0.0 | 7.93 | 2.59 | 2.59 | 0.68 | 4.62 | 4.62 | 11.41 | -8.65 | -7.16 | 20.02 | -4.12 | -3.19 | -0.92 | -33.33 | -43.75 | 10.49 | -11.1 | -9.96 | 0.35 | 3.19 | 4.49 |
| 23Q1 (14) | 23.28 | -8.42 | -0.47 | 0 | -100.0 | 0 | 0.07 | -81.58 | -87.04 | 0 | 0 | 0 | 12.63 | -16.8 | -24.14 | -0.4 | -25.0 | -164.52 | 8.95 | -10.14 | -26.82 | 14.04 | -4.47 | -18.23 | 4.6 | -12.71 | -23.46 | 1.58 | 0.0 | 1.28 | 3.98 | 8.45 | 35.84 | 0.38 | -2.56 | 533.33 | 14.57 | 0.0 | 0.0 | 7.73 | 0.0 | 5.03 | 0.65 | 0.0 | -1.52 | 12.49 | -3.18 | -14.04 | 20.88 | -1.88 | -7.41 | -0.69 | -1.47 | -86.49 | 11.8 | -3.44 | -16.67 | 0.33 | -7.96 | 8.82 |
| 22Q4 (13) | 25.42 | 20.25 | 22.74 | 0.86 | 0 | 0 | 0.38 | -50.0 | -54.22 | 0 | 0 | 0 | 15.18 | -14.81 | -14.96 | -0.32 | -136.36 | -149.23 | 9.96 | -26.82 | -26.66 | 14.70 | -23.93 | -22.08 | 5.27 | 41.67 | 11.65 | 1.58 | 2.6 | 2.6 | 3.67 | 48.58 | 32.97 | 0.39 | 875.0 | 457.14 | 14.57 | 0.0 | 0.0 | 7.73 | 0.0 | 5.03 | 0.65 | 0.0 | -1.52 | 12.9 | -2.05 | -7.26 | 21.28 | -1.25 | -2.96 | -0.68 | -30.77 | -4.62 | 12.22 | -3.4 | -7.84 | 0.36 | 6.18 | 8.98 |
| 22Q3 (12) | 21.14 | -6.25 | 10.05 | 0 | 0 | 0 | 0.76 | 16.92 | 11.76 | 0 | 0 | 0 | 17.82 | -1.55 | -2.57 | 0.88 | 17.33 | -17.76 | 13.61 | -6.84 | 1.95 | 19.33 | -6.22 | 1.86 | 3.72 | -18.24 | -16.03 | 1.54 | 4.05 | 85.54 | 2.47 | -8.52 | -17.39 | 0.04 | -20.0 | -20.0 | 14.57 | 0.0 | 0.0 | 7.73 | 0.0 | 5.03 | 0.65 | 0.0 | -1.52 | 13.17 | 7.16 | -0.53 | 21.55 | 4.21 | 1.36 | -0.52 | 18.75 | 30.67 | 12.65 | 8.58 | 1.28 | 0.34 | 3.6 | 5.21 |
| 22Q2 (11) | 22.55 | -3.59 | -15.32 | 0 | 0 | 0 | 0.65 | 20.37 | 44.44 | 0 | 0 | 0 | 18.1 | 8.71 | -1.74 | 0.75 | 20.97 | -31.19 | 14.61 | 19.46 | 9.68 | 20.61 | 20.0 | 5.92 | 4.55 | -24.29 | 38.3 | 1.48 | -5.13 | 82.72 | 2.7 | -7.85 | -16.15 | 0.05 | -16.67 | 0.0 | 14.57 | 0.0 | 0.0 | 7.73 | 5.03 | 8.57 | 0.65 | -1.52 | -4.41 | 12.29 | -15.42 | -14.83 | 20.68 | -8.29 | -7.01 | -0.64 | -72.97 | 3.03 | 11.65 | -17.73 | -15.4 | 0.33 | 7.47 | 8.02 |
| 22Q1 (10) | 23.39 | 12.94 | 1.26 | 0 | 0 | 0 | 0.54 | -34.94 | 145.45 | 0 | 0 | 0 | 16.65 | -6.72 | -4.42 | 0.62 | -4.62 | -31.87 | 12.23 | -9.94 | -7.63 | 17.17 | -8.97 | -13.53 | 6.01 | 27.33 | 80.48 | 1.56 | 1.3 | 97.47 | 2.93 | 6.16 | -21.87 | 0.06 | -14.29 | 20.0 | 14.57 | 0.0 | 0.0 | 7.36 | 0.0 | 3.37 | 0.66 | 0.0 | -2.94 | 14.53 | 4.46 | 8.92 | 22.55 | 2.83 | 6.62 | -0.37 | 43.08 | 40.32 | 14.16 | 6.79 | 11.32 | 0.31 | -7.82 | 2.34 |
| 21Q4 (9) | 20.71 | 7.81 | -9.88 | 0 | 0 | 0 | 0.83 | 22.06 | 937.5 | 0 | 0 | 0 | 17.85 | -2.41 | 9.98 | 0.65 | -39.25 | 35.42 | 13.58 | 1.72 | 14.12 | 18.87 | -0.57 | -1.58 | 4.72 | 6.55 | 42.17 | 1.54 | 85.54 | 87.8 | 2.76 | -7.69 | 210.11 | 0.07 | 40.0 | 16.67 | 14.57 | 0.0 | 0.0 | 7.36 | 0.0 | 3.37 | 0.66 | 0.0 | -2.94 | 13.91 | 5.06 | 11.73 | 21.93 | 3.15 | 8.3 | -0.65 | 13.33 | 1.52 | 13.26 | 6.16 | 12.47 | 0.33 | 2.51 | -0.21 |
| 21Q3 (8) | 19.21 | -27.86 | -15.78 | 0 | 0 | 0 | 0.68 | 51.11 | 61.9 | 0 | 0 | 0 | 18.29 | -0.71 | 11.59 | 1.07 | -1.83 | 132.61 | 13.35 | 0.23 | 7.84 | 18.97 | -2.48 | -8.78 | 4.43 | 34.65 | 23.06 | 0.83 | 2.47 | 5.06 | 2.99 | -7.14 | 112.06 | 0.05 | 0.0 | 0.0 | 14.57 | 0.0 | 0.0 | 7.36 | 3.37 | 3.37 | 0.66 | -2.94 | -2.94 | 13.24 | -8.25 | 10.33 | 21.26 | -4.41 | 7.32 | -0.75 | -13.64 | -7.14 | 12.49 | -9.3 | 10.53 | 0.33 | 6.38 | -2.11 |
| 21Q2 (7) | 26.63 | 15.28 | -2.13 | 0 | 0 | 0 | 0.45 | 104.55 | 7.14 | 0 | 0 | 0 | 18.42 | 5.74 | 10.83 | 1.09 | 19.78 | 29.76 | 13.32 | 0.6 | 12.69 | 19.46 | -2.04 | 0 | 3.29 | -1.2 | -4.64 | 0.81 | 2.53 | 9.46 | 3.22 | -14.13 | 113.25 | 0.05 | 0.0 | 0.0 | 14.57 | 0.0 | 0.0 | 7.12 | 0.0 | 0.0 | 0.68 | 0.0 | 0.0 | 14.43 | 8.17 | 24.94 | 22.24 | 5.15 | 14.94 | -0.66 | -6.45 | 22.35 | 13.77 | 8.25 | 28.69 | 0.31 | 1.82 | -5.46 |
| 21Q1 (6) | 23.1 | 0.52 | -7.38 | 0 | 0 | 0 | 0.22 | 175.0 | -47.62 | 0 | 0 | 0 | 17.42 | 7.33 | 35.67 | 0.91 | 89.58 | 44.44 | 13.24 | 11.26 | 23.85 | 19.86 | 3.62 | 0 | 3.33 | 0.3 | -0.6 | 0.79 | -3.66 | 12.86 | 3.75 | 321.35 | 131.48 | 0.05 | -16.67 | 0.0 | 14.57 | 0.0 | 0.0 | 7.12 | 0.0 | 3.34 | 0.68 | 0.0 | 100.0 | 13.34 | 7.15 | 4.71 | 21.15 | 4.44 | 5.91 | -0.62 | 6.06 | 13.89 | 12.72 | 7.89 | 5.82 | 0.30 | -10.12 | -2.85 |
| 20Q4 (5) | 22.98 | 0.75 | -10.62 | 0 | 0 | 0 | 0.08 | -80.95 | -80.49 | 0 | 0 | 0 | 16.23 | -0.98 | 18.73 | 0.48 | 4.35 | 6.67 | 11.9 | -3.88 | 17.94 | 19.17 | -7.84 | 0 | 3.32 | -7.78 | 13.7 | 0.82 | 3.8 | 12.33 | 0.89 | -36.88 | -48.26 | 0.06 | 20.0 | 20.0 | 14.57 | 0.0 | 0.0 | 7.12 | 0.0 | 3.34 | 0.68 | 0.0 | 100.0 | 12.45 | 3.75 | 2.81 | 20.25 | 2.22 | 4.71 | -0.66 | 5.71 | 2.94 | 11.79 | 4.34 | 3.15 | 0.33 | 0.56 | -0.11 |
| 20Q3 (4) | 22.81 | -16.17 | 0.0 | 0 | 0 | 0.0 | 0.42 | 0.0 | 0.0 | 0 | 0 | 0.0 | 16.39 | -1.38 | 0.0 | 0.46 | -45.24 | 0.0 | 12.38 | 4.74 | 0.0 | 20.80 | 0 | 0.0 | 3.6 | 4.35 | 0.0 | 0.79 | 6.76 | 0.0 | 1.41 | -6.62 | 0.0 | 0.05 | 0.0 | 0.0 | 14.57 | 0.0 | 0.0 | 7.12 | 0.0 | 0.0 | 0.68 | 0.0 | 0.0 | 12.0 | 3.9 | 0.0 | 19.81 | 2.38 | 0.0 | -0.7 | 17.65 | 0.0 | 11.3 | 5.61 | 0.0 | 0.33 | 2.74 | 0.0 |
