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) | 1.67 | -33.99 | 0 | 0 | 0.08 | -42.86 | 0 | 0 | 3.45 | -35.03 | 0.52 | -56.3 | 1.1 | -24.66 | 31.88 | 15.96 | 0.7 | -39.13 | 0.18 | -78.57 | 0.61 | -35.79 | 0.02 | 0.0 | 5.5 | 0.0 | 1.83 | 7.02 | 0.18 | -14.29 | 1.85 | -5.13 | 3.86 | -0.52 | -0.23 | 0 | 1.62 | -8.47 | 0.00 | 0 |
| 2022 (9) | 2.53 | 13.96 | 0.3 | 0 | 0.14 | -22.22 | 0 | 0 | 5.31 | 1.14 | 1.19 | -4.8 | 1.46 | 1.39 | 27.50 | 0.24 | 1.15 | -30.3 | 0.84 | -15.15 | 0.95 | -27.48 | 0.02 | 0.0 | 5.5 | -3.51 | 1.71 | 8.23 | 0.21 | 5.0 | 1.95 | 12.07 | 3.88 | 9.92 | -0.18 | 0 | 1.77 | 15.69 | 0.00 | 0 |
| 2021 (8) | 2.22 | 25.42 | 0 | 0 | 0.18 | 125.0 | 0 | 0 | 5.25 | 16.67 | 1.25 | 119.3 | 1.44 | -16.76 | 27.43 | -28.65 | 1.65 | 48.65 | 0.99 | 0.0 | 1.31 | 55.95 | 0.02 | 0.0 | 5.7 | 0.0 | 1.58 | 3.27 | 0.2 | -13.04 | 1.74 | 91.21 | 3.53 | 32.21 | -0.21 | 0 | 1.53 | 115.49 | 0.00 | 0 |
| 2020 (7) | 1.77 | 11.32 | 0.9 | 104.55 | 0.08 | 0.0 | 0 | 0 | 4.5 | 36.36 | 0.57 | 0 | 1.73 | 78.35 | 38.44 | 30.79 | 1.11 | 3.74 | 0.99 | -1.0 | 0.84 | -8.7 | 0.02 | 0.0 | 5.7 | 0.0 | 1.53 | 0.0 | 0.23 | 35.29 | 0.91 | 116.67 | 2.67 | 25.94 | -0.2 | 0 | 0.71 | 273.68 | 0.00 | 0 |
| 2019 (6) | 1.59 | 123.94 | 0.44 | 0 | 0.08 | 300.0 | 0 | 0 | 3.3 | -30.23 | -0.25 | 0 | 0.97 | -22.4 | 29.39 | 11.23 | 1.07 | -1.83 | 1.0 | -2.91 | 0.92 | -9.8 | 0.02 | -83.33 | 5.7 | -15.3 | 1.53 | 0.0 | 0.17 | 0 | 0.42 | -86.54 | 2.12 | -54.31 | -0.23 | 0 | 0.19 | -93.56 | 0.00 | 0 |
| 2018 (5) | 0.71 | -64.5 | 0 | 0 | 0.02 | 0 | 0 | 0 | 4.73 | 13.43 | -0.44 | 0 | 1.25 | -19.87 | 26.43 | -29.36 | 1.09 | -14.17 | 1.03 | -3.74 | 1.02 | 2.0 | 0.12 | -40.0 | 6.73 | -2.18 | 1.53 | 0.0 | 0 | 0 | 3.12 | -31.43 | 4.64 | -23.93 | -0.17 | 0 | 2.95 | -35.31 | 0.00 | 0 |
| 2017 (4) | 2.0 | -31.27 | 1.28 | -19.5 | 0 | 0 | 0 | 0 | 4.17 | -40.68 | -0.32 | 0 | 1.56 | -35.0 | 37.41 | 9.58 | 1.27 | 25.74 | 1.07 | 0 | 1.0 | 0 | 0.2 | -45.95 | 6.88 | 2.38 | 1.53 | 2.0 | 0.02 | 0 | 4.55 | -10.96 | 6.1 | -7.72 | 0.01 | 0 | 4.56 | -10.41 | -0.00 | 0 |
| 2016 (3) | 2.91 | -72.88 | 1.59 | -6.47 | 0 | 0 | 0 | 0 | 7.03 | -70.17 | 0.26 | -93.42 | 2.4 | 42.86 | 34.14 | 378.97 | 1.01 | -27.34 | 0 | 0 | 0 | 0 | 0.37 | 3600.0 | 6.72 | 7.87 | 1.5 | 35.14 | 0 | 0 | 5.11 | -12.95 | 6.61 | -5.3 | -0.02 | 0 | 5.09 | -14.74 | 0.00 | 0 |
| 2015 (2) | 10.73 | 42.69 | 1.7 | 314.63 | 0 | 0 | 0 | 0 | 23.57 | 20.07 | 3.95 | -7.28 | 1.68 | -68.18 | 7.13 | -73.5 | 1.39 | 15.83 | 0 | 0 | 0 | 0 | 0.01 | -50.0 | 6.23 | 4.18 | 1.11 | 63.24 | 0 | 0 | 5.87 | 25.16 | 6.98 | 29.98 | 0.1 | 400.0 | 5.97 | 26.75 | 0.00 | 0 |
| 2014 (1) | 7.52 | 92.33 | 0.41 | 0 | 0.43 | 0 | 0 | 0 | 19.63 | 407.24 | 4.26 | 610.0 | 5.28 | 198.31 | 26.90 | -41.19 | 1.2 | -18.37 | 0.12 | 0 | 0 | 0 | 0.02 | -33.33 | 5.98 | 32.89 | 0.68 | 9.68 | 0 | 0 | 4.69 | 383.51 | 5.37 | 237.74 | 0.02 | -77.78 | 4.71 | 344.34 | 0.00 | 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) | 1.13 | 0.89 | -8.13 | 0.2 | 0.0 | -66.67 | 0.1 | 0.0 | -28.57 | 0 | 0 | 0 | 0.75 | -8.54 | -22.68 | 0.03 | -66.67 | -81.25 | 1.16 | -2.52 | -12.12 | 41.28 | 5.11 | 24.16 | 0.76 | 1.33 | -10.59 | 0.18 | 0.0 | 0.0 | 1.01 | 34.67 | 18.82 | 0.01 | 0.0 | -50.0 | 5.5 | 0.0 | 0.0 | 1.89 | 0.0 | 3.28 | 0.23 | 0.0 | 27.78 | 2.43 | 1.25 | 52.83 | 4.55 | 0.66 | 26.04 | -0.11 | 31.25 | 38.89 | 2.32 | 3.57 | 64.54 | 0.00 | 0 | 0 |
| 24Q2 (19) | 1.12 | 14.29 | -43.43 | 0.2 | 0.0 | 0.0 | 0.1 | 25.0 | -28.57 | 0 | 0 | 0 | 0.82 | 86.36 | 0.0 | 0.09 | -91.51 | 125.0 | 1.19 | 19.0 | 16.67 | 39.27 | 19.0 | 62.87 | 0.75 | -7.41 | -21.88 | 0.18 | 0.0 | -78.31 | 0.75 | 27.12 | -14.77 | 0.01 | -50.0 | -50.0 | 5.5 | 0.0 | 0.0 | 1.89 | 3.28 | 3.28 | 0.23 | 27.78 | 27.78 | 2.4 | -0.41 | 67.83 | 4.52 | 2.03 | 31.01 | -0.16 | 11.11 | 38.46 | 2.24 | 0.45 | 91.45 | 0.00 | 0 | 0 |
| 24Q1 (18) | 0.98 | -41.32 | -53.55 | 0.2 | 0 | -42.86 | 0.08 | 0.0 | -42.86 | 0 | 0 | 0 | 0.44 | -45.0 | -48.84 | 1.06 | 341.67 | 1225.0 | 1.0 | -9.09 | -22.48 | 33.00 | 3.51 | 18.97 | 0.81 | 15.71 | -29.57 | 0.18 | 0.0 | -78.57 | 0.59 | -3.28 | -35.87 | 0.02 | 0.0 | 0.0 | 5.5 | 0.0 | 0.0 | 1.83 | 0.0 | 7.02 | 0.18 | 0.0 | -14.29 | 2.41 | 30.27 | 62.84 | 4.43 | 14.77 | 29.91 | -0.18 | 21.74 | -5.88 | 2.23 | 37.65 | 70.23 | 0.00 | 0 | 0 |
| 23Q4 (17) | 1.67 | 35.77 | -33.99 | 0 | -100.0 | -100.0 | 0.08 | -42.86 | -42.86 | 0 | 0 | 0 | 0.8 | -17.53 | -39.39 | 0.24 | 50.0 | -35.14 | 1.1 | -16.67 | -24.66 | 31.88 | -4.11 | 15.96 | 0.7 | -17.65 | -39.13 | 0.18 | 0.0 | -78.57 | 0.61 | -28.24 | -35.79 | 0.02 | 0.0 | 0.0 | 5.5 | 0.0 | 0.0 | 1.83 | 0.0 | 7.02 | 0.18 | 0.0 | -14.29 | 1.85 | 16.35 | -5.13 | 3.86 | 6.93 | -0.52 | -0.23 | -27.78 | -27.78 | 1.62 | 14.89 | -8.47 | 0.00 | 0 | 0 |
| 23Q3 (16) | 1.23 | -37.88 | -55.6 | 0.6 | 200.0 | 20.0 | 0.14 | 0.0 | -22.22 | 0 | 0 | 0 | 0.97 | 18.29 | -21.14 | 0.16 | 300.0 | -38.46 | 1.32 | 29.41 | -14.29 | 33.25 | 37.89 | 17.02 | 0.85 | -11.46 | -42.57 | 0.18 | -78.31 | -78.82 | 0.85 | -3.41 | -27.97 | 0.02 | 0.0 | 0.0 | 5.5 | 0.0 | -3.51 | 1.83 | 0.0 | 7.02 | 0.18 | 0.0 | -14.29 | 1.59 | 11.19 | -8.62 | 3.61 | 4.64 | -1.63 | -0.18 | 30.77 | -20.0 | 1.41 | 20.51 | -11.32 | 0.00 | 0 | 0 |
| 23Q2 (15) | 1.98 | -6.16 | -33.11 | 0.2 | -42.86 | 0 | 0.14 | 0.0 | -22.22 | 0 | 0 | 0 | 0.82 | -4.65 | -33.87 | 0.04 | -50.0 | -69.23 | 1.02 | -20.93 | -20.93 | 24.11 | -13.08 | 8.23 | 0.96 | -16.52 | -38.85 | 0.83 | -1.19 | -2.35 | 0.88 | -4.35 | -27.87 | 0.02 | 0.0 | 0.0 | 5.5 | 0.0 | -3.51 | 1.83 | 7.02 | 7.02 | 0.18 | -14.29 | -14.29 | 1.43 | -3.38 | -3.38 | 3.45 | 1.17 | 1.17 | -0.26 | -52.94 | -52.94 | 1.17 | -10.69 | -10.69 | 0.00 | 0 | 0 |
| 23Q1 (14) | 2.11 | -16.6 | -17.9 | 0.35 | 16.67 | 0 | 0.14 | 0.0 | -22.22 | 0 | 0 | 0 | 0.86 | -34.85 | -43.42 | 0.08 | -78.38 | -81.4 | 1.29 | -11.64 | -17.83 | 27.74 | 0.9 | 3.72 | 1.15 | 0.0 | -29.45 | 0.84 | 0.0 | -15.15 | 0.92 | -3.16 | -27.56 | 0.02 | 0.0 | 100.0 | 5.5 | 0.0 | -3.51 | 1.71 | 0.0 | 8.23 | 0.21 | 0.0 | 5.0 | 1.48 | -24.1 | -0.67 | 3.41 | -12.11 | 4.28 | -0.17 | 5.56 | -30.77 | 1.31 | -25.99 | -3.68 | 0.00 | 0 | 0 |
| 22Q4 (13) | 2.53 | -8.66 | 13.96 | 0.3 | -40.0 | 0 | 0.14 | -22.22 | -22.22 | 0 | 0 | 0 | 1.32 | 7.32 | -7.69 | 0.37 | 42.31 | -7.5 | 1.46 | -5.19 | 1.39 | 27.50 | -3.23 | 0.43 | 1.15 | -22.3 | -30.3 | 0.84 | -1.18 | -15.15 | 0.95 | -19.49 | -27.48 | 0.02 | 0.0 | 0.0 | 5.5 | -3.51 | -3.51 | 1.71 | 0.0 | 8.23 | 0.21 | 0.0 | 5.0 | 1.95 | 12.07 | 12.07 | 3.88 | 5.72 | 9.92 | -0.18 | -20.0 | 14.29 | 1.77 | 11.32 | 15.69 | 0.00 | 0 | 0 |
| 22Q3 (12) | 2.77 | -6.42 | 36.45 | 0.5 | 0 | 42.86 | 0.18 | 0.0 | 0.0 | 0 | 0 | 0 | 1.23 | -0.81 | -23.12 | 0.26 | 100.0 | -43.48 | 1.54 | 19.38 | 30.51 | 28.41 | 27.53 | 29.06 | 1.48 | -5.73 | -15.91 | 0.85 | 0.0 | -12.37 | 1.18 | -3.28 | -13.24 | 0.02 | 0.0 | 0.0 | 5.7 | 0.0 | 0.0 | 1.71 | 0.0 | 8.23 | 0.21 | 0.0 | 5.0 | 1.74 | 17.57 | 29.85 | 3.67 | 7.62 | 17.63 | -0.15 | 11.76 | 34.78 | 1.59 | 21.37 | 43.24 | 0.00 | 0 | 0 |
| 22Q2 (11) | 2.96 | 15.18 | 54.97 | 0 | 0 | 0 | 0.18 | 0.0 | 0.0 | 0 | 0 | 0 | 1.24 | -18.42 | -6.06 | 0.13 | -69.77 | -53.57 | 1.29 | -17.83 | 14.16 | 22.28 | -16.7 | -2.99 | 1.57 | -3.68 | -13.74 | 0.85 | -14.14 | -13.27 | 1.22 | -3.94 | -12.86 | 0.02 | 100.0 | 100.0 | 5.7 | 0.0 | 0.0 | 1.71 | 8.23 | 8.23 | 0.21 | 5.0 | 5.0 | 1.48 | -0.67 | 68.18 | 3.41 | 4.28 | 28.2 | -0.17 | -30.77 | 26.09 | 1.31 | -3.68 | 101.54 | 0.00 | 0 | 0 |
| 22Q1 (10) | 2.57 | 15.77 | 41.99 | 0 | 0 | -100.0 | 0.18 | 0.0 | 125.0 | 0 | 0 | 0 | 1.52 | 6.29 | 67.03 | 0.43 | 7.5 | 290.91 | 1.57 | 9.03 | 1.95 | 26.75 | -2.3 | -20.63 | 1.63 | -1.21 | 8.67 | 0.99 | 0.0 | 1.02 | 1.27 | -3.05 | 54.88 | 0.01 | -50.0 | 0.0 | 5.7 | 0.0 | 0.0 | 1.58 | 0.0 | 3.27 | 0.2 | 0.0 | -13.04 | 1.49 | -14.37 | 44.66 | 3.27 | -7.37 | 17.63 | -0.13 | 38.1 | 38.1 | 1.36 | -11.11 | 65.85 | 0.00 | 0 | 0 |
| 21Q4 (9) | 2.22 | 9.36 | 25.42 | 0 | -100.0 | -100.0 | 0.18 | 0.0 | 125.0 | 0 | 0 | 0 | 1.43 | -10.62 | -6.54 | 0.4 | -13.04 | 42.86 | 1.44 | 22.03 | -16.76 | 27.38 | 24.35 | -28.79 | 1.65 | -6.25 | 48.65 | 0.99 | 2.06 | 0.0 | 1.31 | -3.68 | 55.95 | 0.02 | 0.0 | 0.0 | 5.7 | 0.0 | 0.0 | 1.58 | 0.0 | 3.27 | 0.2 | 0.0 | -13.04 | 1.74 | 29.85 | 91.21 | 3.53 | 13.14 | 32.21 | -0.21 | 8.7 | -5.0 | 1.53 | 37.84 | 115.49 | 0.00 | 0 | 0 |
| 21Q3 (8) | 2.03 | 6.28 | 0.0 | 0.35 | 0 | -61.11 | 0.18 | 0.0 | 125.0 | 0 | 0 | 0 | 1.6 | 21.21 | 37.93 | 0.46 | 64.29 | 170.59 | 1.18 | 4.42 | 9.26 | 22.01 | -4.15 | -23.76 | 1.76 | -3.3 | 26.62 | 0.97 | -1.02 | -2.02 | 1.36 | -2.86 | 58.14 | 0.02 | 100.0 | 0.0 | 5.7 | 0.0 | 0.0 | 1.58 | 0.0 | 3.27 | 0.2 | 0.0 | -13.04 | 1.34 | 52.27 | 106.15 | 3.12 | 17.29 | 30.0 | -0.23 | 0.0 | 4.17 | 1.11 | 70.77 | 170.73 | 0.00 | 0 | 0 |
| 21Q2 (7) | 1.91 | 5.52 | 3.8 | 0 | -100.0 | -100.0 | 0.18 | 125.0 | 125.0 | 0 | 0 | 0 | 1.32 | 45.05 | 36.08 | 0.28 | 154.55 | 33.33 | 1.13 | -26.62 | 20.21 | 22.97 | -31.84 | 0 | 1.82 | 21.33 | 55.56 | 0.98 | 0.0 | -1.01 | 1.4 | 70.73 | 59.09 | 0.01 | 0.0 | -50.0 | 5.7 | 0.0 | 0.0 | 1.58 | 3.27 | 3.27 | 0.2 | -13.04 | -13.04 | 0.88 | -14.56 | 83.33 | 2.66 | -4.32 | 19.28 | -0.23 | -9.52 | 14.81 | 0.65 | -20.73 | 209.52 | 0.00 | 0 | 0 |
| 21Q1 (6) | 1.81 | 2.26 | 21.48 | 0.9 | 0.0 | 21.62 | 0.08 | 0.0 | 0.0 | 0 | 0 | 0 | 0.91 | -40.52 | 8.33 | 0.11 | -60.71 | 222.22 | 1.54 | -10.98 | 24.19 | 33.70 | -12.35 | 0 | 1.5 | 35.14 | 66.67 | 0.98 | -1.01 | -2.0 | 0.82 | -2.38 | -8.89 | 0.01 | -50.0 | -50.0 | 5.7 | 0.0 | 0.0 | 1.53 | 0.0 | 0.0 | 0.23 | 0.0 | 35.29 | 1.03 | 13.19 | 212.12 | 2.78 | 4.12 | 37.62 | -0.21 | -5.0 | 16.0 | 0.82 | 15.49 | 925.0 | 0.00 | 0 | 0 |
| 20Q4 (5) | 1.77 | -12.81 | 11.32 | 0.9 | 0.0 | 104.55 | 0.08 | 0.0 | 0.0 | 0 | 0 | 0 | 1.53 | 31.9 | 98.7 | 0.28 | 64.71 | 380.0 | 1.73 | 60.19 | 78.35 | 38.44 | 33.13 | 0 | 1.11 | -20.14 | 3.74 | 0.99 | 0.0 | -1.0 | 0.84 | -2.33 | -8.7 | 0.02 | 0.0 | 0.0 | 5.7 | 0.0 | 0.0 | 1.53 | 0.0 | 0.0 | 0.23 | 0.0 | 35.29 | 0.91 | 40.0 | 116.67 | 2.67 | 11.25 | 25.94 | -0.2 | 16.67 | 13.04 | 0.71 | 73.17 | 273.68 | 0.00 | 0 | 0 |
| 20Q3 (4) | 2.03 | 10.33 | 0.0 | 0.9 | 23.29 | 0.0 | 0.08 | 0.0 | 0.0 | 0 | 0 | 0.0 | 1.16 | 19.59 | 0.0 | 0.17 | -19.05 | 0.0 | 1.08 | 14.89 | 0.0 | 28.88 | 0 | 0.0 | 1.39 | 18.8 | 0.0 | 0.99 | 0.0 | 0.0 | 0.86 | -2.27 | 0.0 | 0.02 | 0.0 | 0.0 | 5.7 | 0.0 | 0.0 | 1.53 | 0.0 | 0.0 | 0.23 | 0.0 | 0.0 | 0.65 | 35.42 | 0.0 | 2.4 | 7.62 | 0.0 | -0.24 | 11.11 | 0.0 | 0.41 | 95.24 | 0.0 | 0.00 | 0 | 0.0 |
