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) | 18.12 | 25.48 | 11.48 | 19.58 | 0.27 | -91.03 | 0 | 0 | 83.43 | 12.42 | 6.36 | 27.45 | 32.64 | 29.11 | 39.12 | 14.85 | 12.86 | 12.71 | 0 | 0 | 2.24 | 124.0 | 0.33 | -10.81 | 8.29 | 6.15 | 2.76 | 22.12 | 0.85 | -24.78 | 11.32 | 36.39 | 14.93 | 27.72 | -1.38 | 0 | 9.94 | 32.36 | 0.00 | 0 |
| 2022 (9) | 14.44 | 40.19 | 9.6 | -18.92 | 3.01 | 5920.0 | 0 | 0 | 74.21 | -5.1 | 4.99 | 24.75 | 25.28 | -28.32 | 34.07 | -24.47 | 11.41 | -1.04 | 0 | 0 | 1.0 | -74.75 | 0.37 | 60.87 | 7.81 | 0.26 | 2.26 | 21.51 | 1.13 | 14.14 | 8.3 | 34.09 | 11.69 | 29.31 | -0.79 | 0 | 7.51 | 48.42 | 0.00 | 0 |
| 2021 (8) | 10.3 | 14.19 | 11.84 | -4.21 | 0.05 | 0.0 | 0 | 0 | 78.2 | 33.4 | 4.0 | 35.59 | 35.27 | 44.08 | 45.10 | 8.0 | 11.53 | 27.83 | 0 | 0 | 3.96 | 244.35 | 0.23 | -34.29 | 7.79 | 10.18 | 1.86 | 18.47 | 0.99 | -27.21 | 6.19 | 59.54 | 9.04 | 32.75 | -1.13 | 0 | 5.06 | 75.09 | 0.00 | 0 |
| 2020 (7) | 9.02 | 46.91 | 12.36 | 69.08 | 0.05 | 0.0 | 0 | 0 | 58.62 | 21.34 | 2.95 | 68.57 | 24.48 | 19.47 | 41.76 | -1.54 | 9.02 | 37.5 | 0 | 0 | 1.15 | 283.33 | 0.35 | 6.06 | 7.07 | 24.04 | 1.57 | 12.95 | 1.36 | 60.0 | 3.88 | 53.36 | 6.81 | 42.77 | -0.99 | 0 | 2.89 | 147.01 | 0.00 | 0 |
| 2019 (6) | 6.14 | 38.6 | 7.31 | -7.12 | 0.05 | 0.0 | 0 | 0 | 48.31 | 10.45 | 1.75 | 316.67 | 20.49 | 7.39 | 42.41 | -2.77 | 6.56 | -1.8 | 0 | 0 | 0.3 | -14.29 | 0.33 | 135.71 | 5.7 | 5.75 | 1.39 | 2.96 | 0.85 | 0.0 | 2.53 | 112.61 | 4.77 | 40.71 | -1.36 | 0 | 1.17 | 244.12 | 0.00 | 0 |
| 2018 (5) | 4.43 | -27.85 | 7.87 | 19.97 | 0.05 | 0.0 | 0 | 0 | 43.74 | 12.13 | 0.42 | 600.0 | 19.08 | 10.48 | 43.62 | -1.47 | 6.68 | 11.15 | 0 | 0 | 0.35 | -12.5 | 0.14 | 55.56 | 5.39 | 0.0 | 1.35 | 0.75 | 0.85 | 0.0 | 1.19 | 21.43 | 3.39 | 6.6 | -0.85 | 0 | 0.34 | -8.11 | 0.00 | 0 |
| 2017 (4) | 6.14 | -16.58 | 6.56 | -3.53 | 0.05 | 0.0 | 0 | 0 | 39.01 | 10.29 | 0.06 | -95.24 | 17.27 | 8.68 | 44.27 | -1.46 | 6.01 | 21.91 | 0 | 0 | 0.4 | -13.04 | 0.09 | 0.0 | 5.39 | 10.0 | 1.34 | 9.84 | 0.85 | 0.0 | 0.98 | -50.51 | 3.18 | -21.48 | -0.61 | 0 | 0.37 | -75.5 | 0.00 | 2.76 |
| 2016 (3) | 7.36 | 13.23 | 6.8 | 23.64 | 0.05 | 0.0 | 0 | 0 | 35.37 | 28.52 | 1.26 | 0 | 15.89 | 25.81 | 44.93 | -2.11 | 4.93 | 12.81 | 0.02 | -75.0 | 0.46 | -9.8 | 0.09 | 28.57 | 4.9 | 0.0 | 1.22 | 0.0 | 0.85 | 0.0 | 1.98 | 157.14 | 4.05 | 42.61 | -0.47 | 0 | 1.51 | 16.15 | 0.00 | -59.16 |
| 2015 (2) | 6.5 | -15.58 | 5.5 | -21.99 | 0.05 | 0.0 | 0 | 0 | 27.52 | -9.26 | -0.36 | 0 | 12.63 | -1.25 | 45.89 | 8.83 | 4.37 | 2.1 | 0.08 | 0 | 0.51 | -8.93 | 0.07 | 0.0 | 4.9 | 0.0 | 1.22 | 0.83 | 0.85 | 0.0 | 0.77 | -36.36 | 2.84 | -13.15 | 0.53 | -31.17 | 1.3 | -34.34 | 0.01 | -51.62 |
| 2014 (1) | 7.7 | 18.46 | 7.05 | 57.72 | 0.05 | 0.0 | 0 | 0 | 30.33 | 5.17 | 0.06 | 0 | 12.79 | 2.98 | 42.17 | -2.08 | 4.28 | 0.94 | 0 | 0 | 0.56 | -8.2 | 0.07 | 16.67 | 4.9 | 0.0 | 1.21 | 0.0 | 0.85 | 0.0 | 1.21 | -0.82 | 3.27 | -0.3 | 0.77 | 133.33 | 1.98 | 27.74 | 0.01 | -15.0 |
| 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) | 19.87 | 3.87 | 51.33 | 12.56 | 76.4 | -0.79 | 0.1 | 0.0 | -47.37 | 0 | 0 | 0 | 25.69 | 17.95 | 2.72 | 1.1 | -51.33 | -59.11 | 35.04 | 18.3 | -4.37 | 39.99 | 17.38 | -13.28 | 13.18 | 6.55 | 11.13 | 0 | 0 | 0 | 3.31 | 8.88 | 259.78 | 0.34 | 6.25 | 13.33 | 8.61 | 0.0 | 4.11 | 3.4 | 0.0 | 23.19 | 1.38 | 0.0 | 62.35 | 10.51 | 11.81 | -0.28 | 15.29 | 7.83 | 8.06 | 0.01 | 101.79 | 101.37 | 10.52 | 19.0 | 7.24 | 0.00 | 0 | 0 |
| 24Q2 (19) | 19.13 | 3.46 | 54.9 | 7.12 | -26.97 | -30.33 | 0.1 | -77.27 | -96.69 | 0 | 0 | 0 | 21.78 | 13.79 | 7.72 | 2.26 | 71.21 | -12.74 | 29.62 | 4.11 | 2.0 | 34.07 | 2.24 | -14.04 | 12.37 | -6.0 | 5.37 | 0 | 0 | 0 | 3.04 | 49.02 | 220.0 | 0.32 | 6.67 | 6.67 | 8.61 | 3.73 | 10.1 | 3.4 | 23.19 | 23.19 | 1.38 | 62.35 | 62.35 | 9.4 | 12.98 | 19.75 | 14.18 | 18.86 | 23.73 | -0.56 | 30.86 | 64.1 | 8.84 | 17.71 | 40.54 | 0.00 | 0 | 0 |
| 24Q1 (18) | 18.49 | 2.04 | 52.56 | 9.75 | -15.07 | 12.72 | 0.44 | 62.96 | -85.48 | 0 | 0 | 0 | 19.14 | -8.94 | 11.41 | 1.32 | 69.23 | 325.81 | 28.45 | -12.84 | 18.64 | 33.32 | -14.84 | -0.57 | 13.16 | 2.33 | 6.13 | 0 | 0 | 0 | 2.04 | -8.93 | 108.16 | 0.3 | -9.09 | -9.09 | 8.3 | 0.12 | 6.27 | 2.76 | 0.0 | 22.12 | 0.85 | 0.0 | -24.78 | 8.32 | -26.5 | 51.55 | 11.93 | -20.09 | 34.35 | -0.81 | 41.3 | -22.73 | 7.51 | -24.45 | 55.49 | 0.00 | 0 | 0 |
| 23Q4 (17) | 18.12 | 38.0 | 25.48 | 11.48 | -9.32 | 19.58 | 0.27 | 42.11 | -91.03 | 0 | 0 | 0 | 21.02 | -15.95 | 23.28 | 0.78 | -71.0 | 47.17 | 32.64 | -10.92 | 29.11 | 39.12 | -15.16 | 14.86 | 12.86 | 8.43 | 12.71 | 0 | 0 | 0 | 2.24 | 143.48 | 124.0 | 0.33 | 10.0 | -10.81 | 8.29 | 0.24 | 6.15 | 2.76 | 0.0 | 22.12 | 0.85 | 0.0 | -24.78 | 11.32 | 7.4 | 36.39 | 14.93 | 5.51 | 27.72 | -1.38 | -89.04 | -74.68 | 9.94 | 1.33 | 32.36 | 0.00 | 0 | 0 |
| 23Q3 (16) | 13.13 | 6.32 | 7.01 | 12.66 | 23.87 | 19.66 | 0.19 | -93.71 | -93.62 | 0 | 0 | 0 | 25.01 | 23.69 | 32.82 | 2.69 | 3.86 | 67.08 | 36.64 | 26.17 | 24.88 | 46.11 | 16.36 | 28.28 | 11.86 | 1.02 | -1.08 | 0 | 0 | 0 | 0.92 | -3.16 | -10.68 | 0.3 | 0.0 | -9.09 | 8.27 | 5.75 | 5.89 | 2.76 | 0.0 | 22.12 | 0.85 | 0.0 | -24.78 | 10.54 | 34.27 | 35.65 | 14.15 | 23.47 | 26.79 | -0.73 | 53.21 | -73.81 | 9.81 | 55.96 | 33.47 | 0.00 | 0 | 0 |
| 23Q2 (15) | 12.35 | 1.9 | -20.37 | 10.22 | 18.15 | -18.11 | 3.02 | -0.33 | 4214.29 | 0 | 0 | 0 | 20.22 | 17.69 | 9.3 | 2.59 | 735.48 | 72.67 | 29.04 | 21.1 | 2.04 | 39.63 | 18.26 | 16.71 | 11.74 | -5.32 | -12.58 | 0 | 0 | 0 | 0.95 | -3.06 | -75.89 | 0.3 | -9.09 | 42.86 | 7.82 | 0.13 | 0.26 | 2.76 | 22.12 | 22.12 | 0.85 | -24.78 | -24.78 | 7.85 | 42.99 | 27.44 | 11.46 | 29.05 | 20.0 | -1.56 | -136.36 | -151.61 | 6.29 | 30.23 | 13.54 | 0.00 | 0 | 0 |
| 23Q1 (14) | 12.12 | -16.07 | -12.17 | 8.65 | -9.9 | -31.13 | 3.03 | 0.66 | 5960.0 | 0 | 0 | 0 | 17.18 | 0.76 | -13.41 | 0.31 | -41.51 | -77.04 | 23.98 | -5.14 | -26.24 | 33.51 | -1.62 | -15.22 | 12.4 | 8.68 | -5.63 | 0 | 0 | 0 | 0.98 | -2.0 | -75.25 | 0.33 | -10.81 | 50.0 | 7.81 | 0.0 | 0.26 | 2.26 | 0.0 | 21.51 | 1.13 | 0.0 | 14.14 | 5.49 | -33.86 | -1.96 | 8.88 | -24.04 | 5.09 | -0.66 | 16.46 | -153.85 | 4.83 | -35.69 | -9.55 | 0.00 | 0 | 0 |
| 22Q4 (13) | 14.44 | 17.69 | 40.19 | 9.6 | -9.26 | -18.92 | 3.01 | 1.01 | 5920.0 | 0 | 0 | 0 | 17.05 | -9.45 | -30.27 | 0.53 | -67.08 | -66.67 | 25.28 | -13.84 | -28.32 | 34.06 | -5.25 | -24.49 | 11.41 | -4.84 | -1.04 | 0 | 0 | 0 | 1.0 | -2.91 | -74.75 | 0.37 | 12.12 | 60.87 | 7.81 | 0.0 | 0.26 | 2.26 | 0.0 | 21.51 | 1.13 | 0.0 | 14.14 | 8.3 | 6.82 | 34.09 | 11.69 | 4.75 | 29.31 | -0.79 | -88.1 | 30.09 | 7.51 | 2.18 | 48.42 | 0.00 | 0 | 0 |
| 22Q3 (12) | 12.27 | -20.89 | 5.32 | 10.58 | -15.22 | -14.05 | 2.98 | 4157.14 | 5860.0 | 0 | 0 | 0 | 18.83 | 1.78 | -10.46 | 1.61 | 7.33 | 59.41 | 29.34 | 3.09 | -0.2 | 35.95 | 5.87 | -14.23 | 11.99 | -10.72 | -1.32 | 0 | 0 | 0 | 1.03 | -73.86 | -73.99 | 0.33 | 57.14 | 26.92 | 7.81 | 0.13 | 5.11 | 2.26 | 0.0 | 21.51 | 1.13 | 0.0 | 14.14 | 7.77 | 26.14 | 68.91 | 11.16 | 16.86 | 49.8 | -0.42 | 32.26 | 68.42 | 7.35 | 32.67 | 124.77 | 0.00 | 0 | 0 |
| 22Q2 (11) | 15.51 | 12.39 | 130.8 | 12.48 | -0.64 | 20.46 | 0.07 | 40.0 | 40.0 | 0 | 0 | 0 | 18.5 | -6.75 | 9.27 | 1.5 | 11.11 | 66.67 | 28.46 | -12.46 | 18.78 | 33.95 | -14.1 | -5.96 | 13.43 | 2.21 | 3.79 | 0 | 0 | 0 | 3.94 | -0.51 | 251.79 | 0.21 | -4.55 | -30.0 | 7.8 | 0.13 | 10.33 | 2.26 | 21.51 | 43.95 | 1.13 | 14.14 | -16.91 | 6.16 | 10.0 | 59.17 | 9.55 | 13.02 | 40.65 | -0.62 | -138.46 | 52.67 | 5.54 | 3.75 | 116.41 | 0.00 | 0 | 0 |
| 22Q1 (10) | 13.8 | 33.98 | 56.82 | 12.56 | 6.08 | 9.98 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 19.84 | -18.85 | 25.73 | 1.35 | -15.09 | 170.0 | 32.51 | -7.83 | 40.01 | 39.53 | -12.38 | 11.33 | 13.14 | 13.96 | 35.46 | 0 | 0 | 0 | 3.96 | 0.0 | 250.44 | 0.22 | -4.35 | -37.14 | 7.79 | 0.0 | 10.18 | 1.86 | 0.0 | 18.47 | 0.99 | 0.0 | -27.21 | 5.6 | -9.53 | 89.19 | 8.45 | -6.53 | 43.46 | -0.26 | 76.99 | 77.19 | 5.34 | 5.53 | 193.41 | 0.00 | 0 | 0 |
| 21Q4 (9) | 10.3 | -11.59 | 14.19 | 11.84 | -3.82 | -4.21 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 24.45 | 16.26 | 48.99 | 1.59 | 57.43 | 329.73 | 35.27 | 19.97 | 44.08 | 45.11 | 7.63 | 8.02 | 11.53 | -5.1 | 27.83 | 0 | 0 | 0 | 3.96 | 0.0 | 244.35 | 0.23 | -11.54 | -34.29 | 7.79 | 4.85 | 10.18 | 1.86 | 0.0 | 18.47 | 0.99 | 0.0 | -27.21 | 6.19 | 34.57 | 59.54 | 9.04 | 21.34 | 32.75 | -1.13 | 15.04 | -14.14 | 5.06 | 54.74 | 75.09 | 0.00 | 0 | 0 |
| 21Q3 (8) | 11.65 | 73.36 | 46.54 | 12.31 | 18.82 | 40.85 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 21.03 | 24.22 | 21.98 | 1.01 | 12.22 | 2.02 | 29.4 | 22.7 | 23.06 | 41.91 | 16.08 | -3.74 | 12.15 | -6.11 | 45.86 | 0 | 0 | 0 | 3.96 | 253.57 | 219.35 | 0.26 | -13.33 | -16.13 | 7.43 | 5.09 | 5.39 | 1.86 | 18.47 | 18.47 | 0.99 | -27.21 | -27.21 | 4.6 | 18.86 | 31.05 | 7.45 | 9.72 | 15.86 | -1.33 | -1.53 | 8.28 | 3.27 | 27.73 | 58.74 | 0.00 | 0 | 0 |
| 21Q2 (7) | 6.72 | -23.64 | 1.36 | 10.36 | -9.28 | 42.9 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 16.93 | 7.29 | 6.01 | 0.9 | 80.0 | -41.56 | 23.96 | 3.19 | 17.22 | 36.11 | 1.69 | 0 | 12.94 | 33.4 | 79.47 | 0 | 0 | 0 | 1.12 | -0.88 | -47.42 | 0.3 | -14.29 | -9.09 | 7.07 | 0.0 | 2.61 | 1.57 | 0.0 | 0.0 | 1.36 | 0.0 | 0.0 | 3.87 | 30.74 | 53.57 | 6.79 | 15.28 | 24.82 | -1.31 | -14.91 | 26.82 | 2.56 | 40.66 | 250.68 | 0.00 | 0 | 0 |
| 21Q1 (6) | 8.8 | -2.44 | -21.08 | 11.42 | -7.61 | 27.17 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 15.78 | -3.84 | 75.33 | 0.5 | 35.14 | 900.0 | 23.22 | -5.15 | 47.71 | 35.50 | -14.98 | 0 | 9.7 | 7.54 | 74.15 | 0 | 0 | 0 | 1.13 | -1.74 | -62.95 | 0.35 | 0.0 | 20.69 | 7.07 | 0.0 | 15.9 | 1.57 | 0.0 | 12.95 | 1.36 | 0.0 | 60.0 | 2.96 | -23.71 | 30.4 | 5.89 | -13.51 | 30.31 | -1.14 | -15.15 | 25.0 | 1.82 | -37.02 | 142.67 | 0.00 | 0 | 0 |
| 20Q4 (5) | 9.02 | 13.46 | 46.91 | 12.36 | 41.42 | 69.08 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0 | 16.41 | -4.81 | 29.62 | 0.37 | -62.63 | -36.21 | 24.48 | 2.47 | 19.47 | 41.76 | -4.09 | 0 | 9.02 | 8.28 | 37.5 | 0 | 0 | 0 | 1.15 | -7.26 | 283.33 | 0.35 | 12.9 | 6.06 | 7.07 | 0.28 | 24.04 | 1.57 | 0.0 | 12.95 | 1.36 | 0.0 | 60.0 | 3.88 | 10.54 | 53.36 | 6.81 | 5.91 | 42.77 | -0.99 | 31.72 | 27.21 | 2.89 | 40.29 | 147.01 | 0.00 | 0 | 0 |
| 20Q3 (4) | 7.95 | 19.91 | 0.0 | 8.74 | 20.55 | 0.0 | 0.05 | 0.0 | 0.0 | 0 | 0 | 0.0 | 17.24 | 7.95 | 0.0 | 0.99 | -35.71 | 0.0 | 23.89 | 16.88 | 0.0 | 43.54 | 0 | 0.0 | 8.33 | 15.53 | 0.0 | 0 | 0 | 0.0 | 1.24 | -41.78 | 0.0 | 0.31 | -6.06 | 0.0 | 7.05 | 2.32 | 0.0 | 1.57 | 0.0 | 0.0 | 1.36 | 0.0 | 0.0 | 3.51 | 39.29 | 0.0 | 6.43 | 18.2 | 0.0 | -1.45 | 18.99 | 0.0 | 2.06 | 182.19 | 0.0 | 0.00 | 0 | 0.0 |
