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) | 22.36 | 12.82 | 0 | 0 | 0.36 | 414.29 | 0 | 0 | 53.29 | -13.48 | 5.08 | -33.16 | 15.34 | -11.43 | 28.79 | 2.36 | 16.74 | -27.28 | 3.27 | 11.22 | 0.39 | -44.29 | 0.04 | -20.0 | 11.83 | 0.0 | 9.88 | 8.33 | 2.55 | -32.0 | 27.09 | 2.96 | 39.52 | 0.87 | -3.4 | 0 | 23.69 | -0.29 | 0.00 | 0 |
| 2022 (9) | 19.82 | 8.9 | 4.0 | -34.43 | 0.07 | 0 | 0 | 0 | 61.59 | 10.34 | 7.6 | 120.29 | 17.32 | 3.22 | 28.12 | -6.45 | 23.02 | 2.77 | 2.94 | -0.68 | 0.7 | 2.94 | 0.05 | -16.67 | 11.83 | 0.0 | 9.12 | 3.99 | 3.75 | 10.29 | 26.31 | 20.85 | 39.18 | 15.44 | -2.55 | 0 | 23.76 | 31.85 | 0.00 | 0 |
| 2021 (8) | 18.2 | -12.96 | 6.1 | 56.41 | 0 | 0 | 0 | 0 | 55.82 | 19.76 | 3.45 | -18.63 | 16.78 | 16.93 | 30.06 | -2.36 | 22.4 | 52.17 | 2.96 | -23.71 | 0.68 | 161.54 | 0.06 | -33.33 | 11.83 | 0.0 | 8.77 | 5.03 | 3.4 | -7.1 | 21.77 | 1.63 | 33.94 | 1.53 | -3.75 | 0 | 18.02 | 0.0 | 0.00 | 0 |
| 2020 (7) | 20.91 | 0.63 | 3.9 | -28.44 | 0 | 0 | 0 | 0 | 46.61 | -4.13 | 4.24 | -18.46 | 14.35 | 22.34 | 30.79 | 27.61 | 14.72 | 10.01 | 3.88 | -2.02 | 0.26 | 0 | 0.09 | 28.57 | 11.83 | 0.0 | 8.35 | 6.64 | 3.66 | 67.12 | 21.42 | -5.6 | 33.43 | 2.2 | -3.4 | 0 | 18.02 | -5.31 | 0.00 | 0 |
| 2019 (6) | 20.78 | 12.26 | 5.45 | -30.48 | 0 | 0 | 0 | 0 | 48.62 | -11.95 | 5.2 | -26.55 | 11.73 | -33.73 | 24.13 | -24.73 | 13.38 | -17.61 | 3.96 | -2.46 | 0 | 0 | 0.07 | -22.22 | 11.83 | 0.0 | 7.83 | 9.97 | 2.19 | 35.19 | 22.69 | -1.0 | 32.71 | 3.32 | -3.66 | 0 | 19.03 | -8.2 | 0.00 | 0 |
| 2018 (5) | 18.51 | -20.25 | 7.84 | -37.88 | 0 | 0 | 0 | 0 | 55.22 | 10.73 | 7.08 | 34.35 | 17.7 | 10.35 | 32.05 | -0.34 | 16.24 | 12.39 | 4.06 | 48.18 | 0 | 0 | 0.09 | -25.0 | 11.83 | 0.0 | 7.12 | 8.04 | 1.62 | 107.69 | 22.92 | 9.09 | 31.66 | 11.56 | -2.19 | 0 | 20.73 | 6.91 | -0.00 | 0 |
| 2017 (4) | 23.21 | 19.82 | 12.62 | 276.72 | 0 | 0 | 0 | 0 | 49.87 | 1.34 | 5.27 | -24.93 | 16.04 | 16.57 | 32.16 | 15.03 | 14.45 | 38.68 | 2.74 | 46.52 | 0 | 0 | 0.12 | 20.0 | 11.83 | 0.0 | 6.59 | 11.88 | 0.78 | 110.81 | 21.01 | -2.64 | 28.38 | 1.94 | -1.62 | 0 | 19.39 | -6.78 | -0.00 | 0 |
| 2016 (3) | 19.37 | 23.85 | 3.35 | 41.35 | 0 | 0 | 0 | 0 | 49.21 | -9.22 | 7.02 | -4.49 | 13.76 | -4.24 | 27.96 | 5.48 | 10.42 | -19.1 | 1.87 | -0.53 | 0 | 0 | 0.1 | -28.57 | 11.83 | 0.0 | 5.89 | 14.15 | 0.37 | 0.0 | 21.58 | 7.85 | 27.84 | 9.05 | -0.78 | 0 | 20.8 | -3.97 | -0.00 | 0 |
| 2015 (2) | 15.64 | 39.89 | 2.37 | -18.56 | 0 | 0 | 0 | 0 | 54.21 | 1.18 | 7.35 | 60.13 | 14.37 | -12.32 | 26.51 | -13.34 | 12.88 | -12.08 | 1.88 | -42.68 | 0 | 0 | 0.14 | -17.65 | 11.83 | 2.16 | 5.16 | 9.79 | 0.37 | 0.0 | 20.01 | 23.82 | 25.53 | 20.31 | 1.65 | -0.6 | 21.66 | 21.55 | -0.00 | 0 |
| 2014 (1) | 11.18 | -0.8 | 2.91 | 193.94 | 0 | 0 | 0 | 0 | 53.58 | 1.53 | 4.59 | -3.77 | 16.39 | 29.87 | 30.59 | 27.91 | 14.65 | 12.61 | 3.28 | -4.65 | 0 | 0 | 0.17 | 183.33 | 11.58 | 1.94 | 4.7 | 11.37 | 0.37 | 0.0 | 16.16 | 4.6 | 21.22 | 5.89 | 1.66 | 219.23 | 17.82 | 11.58 | -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) | 15.9 | -7.29 | -24.61 | 1.5 | 0 | 0 | 0.26 | 0.0 | -23.53 | 0 | 0 | 0 | 15.69 | -1.57 | 15.62 | 1.17 | -36.07 | -29.09 | 18.7 | -5.32 | 12.72 | 31.99 | -8.75 | 6.03 | 21.28 | 11.3 | 20.43 | 3.29 | -0.3 | -0.9 | 0.68 | 44.68 | 41.67 | 0.07 | 0.0 | 75.0 | 11.83 | 0.0 | 0.0 | 10.39 | 0.0 | 5.16 | 3.4 | 0.0 | 33.33 | 27.08 | 4.52 | 3.95 | 40.86 | 2.95 | 6.21 | -1.36 | 18.56 | 37.33 | 25.72 | 6.11 | 7.71 | 0.00 | 0 | 0 |
| 24Q2 (19) | 17.15 | -30.06 | -21.47 | 0 | 0 | 0 | 0.26 | 0.0 | 4.0 | 0 | 0 | 0 | 15.94 | 15.59 | 16.27 | 1.83 | -3.17 | 27.08 | 19.75 | 22.37 | 24.06 | 35.06 | 17.52 | 28.57 | 19.12 | 12.87 | 0.1 | 3.3 | 0.0 | 0.3 | 0.47 | -12.96 | -17.54 | 0.07 | 133.33 | 75.0 | 11.83 | 0.0 | 0.0 | 10.39 | 5.16 | 5.16 | 3.4 | 33.33 | 33.33 | 25.91 | 1.85 | 6.23 | 39.69 | 4.81 | 7.79 | -1.67 | 20.48 | 53.48 | 24.24 | 3.86 | 16.54 | 0.00 | 0 | 0 |
| 24Q1 (18) | 24.52 | 9.66 | 10.8 | 0 | 0 | -100.0 | 0.26 | -27.78 | 62.5 | 0 | 0 | 0 | 13.79 | 5.75 | 6.32 | 1.89 | 80.0 | 101.06 | 16.14 | 5.22 | 2.87 | 29.83 | 3.62 | 14.46 | 16.94 | 1.19 | -21.94 | 3.3 | 0.92 | -0.9 | 0.54 | 38.46 | -18.18 | 0.03 | -25.0 | -25.0 | 11.83 | 0.0 | 0.0 | 9.88 | 0.0 | 8.33 | 2.55 | 0.0 | -32.0 | 25.44 | -6.09 | 13.02 | 37.87 | -4.18 | 7.04 | -2.1 | 38.24 | 11.39 | 23.34 | -1.48 | 15.89 | 0.00 | 0 | 0 |
| 23Q4 (17) | 22.36 | 6.02 | 12.82 | 0 | 0 | -100.0 | 0.36 | 5.88 | 414.29 | 0 | 0 | 0 | 13.04 | -3.91 | -11.53 | 1.05 | -36.36 | -18.6 | 15.34 | -7.53 | -11.43 | 28.79 | -4.58 | 2.36 | 16.74 | -5.26 | -27.28 | 3.27 | -1.51 | 11.22 | 0.39 | -18.75 | -44.29 | 0.04 | 0.0 | -20.0 | 11.83 | 0.0 | 0.0 | 9.88 | 0.0 | 8.33 | 2.55 | 0.0 | -32.0 | 27.09 | 3.99 | 2.96 | 39.52 | 2.73 | 0.87 | -3.4 | -56.68 | -33.33 | 23.69 | -0.8 | -0.29 | 0.00 | 0 | 0 |
| 23Q3 (16) | 21.09 | -3.43 | 32.72 | 0 | 0 | -100.0 | 0.34 | 36.0 | 0 | 0 | 0 | 0 | 13.57 | -1.02 | -20.04 | 1.65 | 14.58 | -50.6 | 16.59 | 4.21 | -13.41 | 30.17 | 10.65 | -2.5 | 17.67 | -7.49 | -28.37 | 3.32 | 0.91 | 12.16 | 0.48 | -15.79 | -34.25 | 0.04 | 0.0 | -20.0 | 11.83 | 0.0 | 0.0 | 9.88 | 0.0 | 8.33 | 2.55 | 0.0 | -32.0 | 26.05 | 6.81 | 4.12 | 38.47 | 4.48 | 1.53 | -2.17 | 39.55 | -13.61 | 23.88 | 14.81 | 3.33 | 0.00 | 0 | 0 |
| 23Q2 (15) | 21.84 | -1.31 | 33.09 | 0 | -100.0 | -100.0 | 0.25 | 56.25 | 0 | 0 | 0 | 0 | 13.71 | 5.71 | -11.72 | 1.44 | 53.19 | -21.31 | 15.92 | 1.47 | -9.18 | 27.26 | 4.63 | -6.14 | 19.1 | -11.98 | -25.68 | 3.29 | -1.2 | 11.15 | 0.57 | -13.64 | -16.18 | 0.04 | 0.0 | -33.33 | 11.83 | 0.0 | 0.0 | 9.88 | 8.33 | 8.33 | 2.55 | -32.0 | -32.0 | 24.39 | 8.35 | 12.5 | 36.82 | 4.07 | 6.57 | -3.59 | -51.48 | -41.9 | 20.8 | 3.28 | 8.62 | 0.00 | 0 | 0 |
| 23Q1 (14) | 22.13 | 11.65 | 29.72 | 3.0 | -25.0 | -45.45 | 0.16 | 128.57 | 0 | 0 | 0 | 0 | 12.97 | -12.01 | -9.62 | 0.94 | -27.13 | -17.54 | 15.69 | -9.41 | -1.81 | 26.06 | -7.33 | -4.86 | 21.7 | -5.73 | -11.07 | 3.33 | 13.27 | 11.37 | 0.66 | -5.71 | -2.94 | 0.04 | -20.0 | -42.86 | 11.83 | 0.0 | 0.0 | 9.12 | 0.0 | 3.99 | 3.75 | 0.0 | 10.29 | 22.51 | -14.44 | 9.54 | 35.38 | -9.7 | 8.13 | -2.37 | 7.06 | -8.72 | 20.14 | -15.24 | 9.64 | 0.00 | 0 | 0 |
| 22Q4 (13) | 19.82 | 24.73 | 8.9 | 4.0 | 0.0 | -34.43 | 0.07 | 0 | 0 | 0 | 0 | 0 | 14.74 | -13.14 | -2.19 | 1.29 | -61.38 | 174.47 | 17.32 | -9.6 | 3.22 | 28.12 | -9.12 | -6.45 | 23.02 | -6.69 | 2.77 | 2.94 | -0.68 | -0.68 | 0.7 | -4.11 | 2.94 | 0.05 | 0.0 | -16.67 | 11.83 | 0.0 | 0.0 | 9.12 | 0.0 | 3.99 | 3.75 | 0.0 | 10.29 | 26.31 | 5.16 | 20.85 | 39.18 | 3.4 | 15.44 | -2.55 | -33.51 | 32.0 | 23.76 | 2.81 | 31.85 | 0.00 | 0 | 0 |
| 22Q3 (12) | 15.89 | -3.17 | -14.84 | 4.0 | -20.0 | -36.0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.97 | 9.27 | 10.19 | 3.34 | 82.51 | 176.03 | 19.16 | 9.3 | 13.51 | 30.94 | 6.53 | -2.37 | 24.67 | -4.01 | 20.17 | 2.96 | 0.0 | 0.0 | 0.73 | 7.35 | 28.07 | 0.05 | -16.67 | -28.57 | 11.83 | 0.0 | 0.0 | 9.12 | 0.0 | 3.99 | 3.75 | 0.0 | 10.29 | 25.02 | 15.41 | 17.58 | 37.89 | 9.67 | 13.24 | -1.91 | 24.51 | 52.49 | 23.11 | 20.68 | 33.89 | 0.00 | 0 | 0 |
| 22Q2 (11) | 16.41 | -3.81 | -16.87 | 5.0 | -9.09 | 28.21 | 0 | 0 | 0 | 0 | 0 | 0 | 15.53 | 8.22 | 14.87 | 1.83 | 60.53 | 86.73 | 17.53 | 9.7 | 20.9 | 29.05 | 6.05 | 4.21 | 25.7 | 5.33 | 46.02 | 2.96 | -1.0 | 6.47 | 0.68 | 0.0 | 19.3 | 0.06 | -14.29 | -25.0 | 11.83 | 0.0 | 0.0 | 9.12 | 3.99 | 9.22 | 3.75 | 10.29 | 2.46 | 21.68 | 5.5 | 7.11 | 34.55 | 5.59 | 7.13 | -2.53 | -16.06 | 35.95 | 19.15 | 4.25 | 17.56 | 0.00 | 0 | 0 |
| 22Q1 (10) | 17.06 | -6.26 | -18.49 | 5.5 | -9.84 | 41.03 | 0 | 0 | 0 | 0 | 0 | 0 | 14.35 | -4.78 | 21.3 | 1.14 | 142.55 | 44.3 | 15.98 | -4.77 | 21.15 | 27.39 | -8.88 | 2.71 | 24.4 | 8.93 | 62.67 | 2.99 | 1.01 | -22.74 | 0.68 | 0.0 | 30.77 | 0.07 | 16.67 | -12.5 | 11.83 | 0.0 | 0.0 | 8.77 | 0.0 | 5.03 | 3.4 | 0.0 | -7.1 | 20.55 | -5.6 | 6.7 | 32.72 | -3.59 | 4.64 | -2.18 | 41.87 | 37.71 | 18.37 | 1.94 | 16.56 | 0.00 | 0 | 0 |
| 21Q4 (9) | 18.2 | -2.47 | -12.96 | 6.1 | -2.4 | 56.41 | 0 | 0 | 0 | 0 | 0 | 0 | 15.07 | -2.14 | 20.46 | 0.47 | -61.16 | -11.32 | 16.78 | -0.59 | 16.93 | 30.06 | -5.15 | -2.36 | 22.4 | 9.11 | 52.17 | 2.96 | 0.0 | -23.71 | 0.68 | 19.3 | 161.54 | 0.06 | -14.29 | -33.33 | 11.83 | 0.0 | 0.0 | 8.77 | 0.0 | 5.03 | 3.4 | 0.0 | -7.1 | 21.77 | 2.3 | 1.63 | 33.94 | 1.43 | 1.53 | -3.75 | 6.72 | -10.29 | 18.02 | 4.4 | 0.0 | 0.00 | 0 | 0 |
| 21Q3 (8) | 18.66 | -5.47 | 4.77 | 6.25 | 60.26 | 184.09 | 0 | 0 | 0 | 0 | 0 | 0 | 15.4 | 13.91 | 8.76 | 1.21 | 23.47 | -36.65 | 16.88 | 16.41 | 9.4 | 31.69 | 13.7 | -8.7 | 20.53 | 16.65 | 53.78 | 2.96 | 6.47 | -23.91 | 0.57 | 0.0 | 0 | 0.07 | -12.5 | 0.0 | 11.83 | 0.0 | 0.0 | 8.77 | 5.03 | 5.03 | 3.4 | -7.1 | -7.1 | 21.28 | 5.14 | 2.01 | 33.46 | 3.75 | 1.79 | -4.02 | -1.77 | 1.47 | 17.26 | 5.95 | 2.86 | 0.00 | 0 | 0 |
| 21Q2 (7) | 19.74 | -5.69 | 0.41 | 3.9 | 0.0 | 39.29 | 0 | 0 | 0 | 0 | 0 | 0 | 13.52 | 14.29 | 23.36 | 0.98 | 24.05 | -4.85 | 14.5 | 9.93 | 16.56 | 27.87 | 4.52 | 0 | 17.6 | 17.33 | 32.23 | 2.78 | -28.17 | -28.72 | 0.57 | 9.62 | 0 | 0.08 | 0.0 | 14.29 | 11.83 | 0.0 | 0.0 | 8.35 | 0.0 | 0.0 | 3.66 | 0.0 | 0.0 | 20.24 | 5.09 | 6.75 | 32.25 | 3.13 | 4.13 | -3.95 | -12.86 | 17.19 | 16.29 | 3.36 | 14.8 | 0.00 | 0 | 0 |
| 21Q1 (6) | 20.93 | 0.1 | -1.46 | 3.9 | 0.0 | 2.63 | 0 | 0 | 0 | 0 | 0 | 0 | 11.83 | -5.44 | 31.74 | 0.79 | 49.06 | 1.28 | 13.19 | -8.08 | 25.74 | 26.67 | -13.38 | 0 | 15.0 | 1.9 | 20.48 | 3.87 | -0.26 | -2.03 | 0.52 | 100.0 | 0 | 0.08 | -11.11 | 0.0 | 11.83 | 0.0 | 0.0 | 8.35 | 0.0 | 6.64 | 3.66 | 0.0 | 67.12 | 19.26 | -10.08 | -3.31 | 31.27 | -6.46 | 4.44 | -3.5 | -2.94 | 13.37 | 15.76 | -12.54 | -0.76 | 0.00 | 0 | 0 |
| 20Q4 (5) | 20.91 | 17.41 | 0.63 | 3.9 | 77.27 | -28.44 | 0 | 0 | 0 | 0 | 0 | 0 | 12.51 | -11.65 | 20.87 | 0.53 | -72.25 | -39.77 | 14.35 | -7.0 | 22.34 | 30.79 | -11.31 | 0 | 14.72 | 10.26 | 10.01 | 3.88 | -0.26 | -2.02 | 0.26 | 0 | 0 | 0.09 | 28.57 | 28.57 | 11.83 | 0.0 | 0.0 | 8.35 | 0.0 | 6.64 | 3.66 | 0.0 | 67.12 | 21.42 | 2.68 | -5.6 | 33.43 | 1.7 | 2.2 | -3.4 | 16.67 | 7.1 | 18.02 | 7.39 | -5.31 | 0.00 | 0 | 0 |
| 20Q3 (4) | 17.81 | -9.41 | 0.0 | 2.2 | -21.43 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 14.16 | 29.2 | 0.0 | 1.91 | 85.44 | 0.0 | 15.43 | 24.04 | 0.0 | 34.71 | 0 | 0.0 | 13.35 | 0.3 | 0.0 | 3.89 | -0.26 | 0.0 | 0 | 0 | 0.0 | 0.07 | 0.0 | 0.0 | 11.83 | 0.0 | 0.0 | 8.35 | 0.0 | 0.0 | 3.66 | 0.0 | 0.0 | 20.86 | 10.02 | 0.0 | 32.87 | 6.13 | 0.0 | -4.08 | 14.47 | 0.0 | 16.78 | 18.25 | 0.0 | 0.00 | 0 | 0.0 |
