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) | 2.79 | 213.48 | 0.99 | -38.12 | 0.26 | -7.14 | 0 | 0 | 2.76 | 8.24 | -1.92 | 0 | 0.14 | -36.36 | 5.07 | -41.21 | 5.21 | -18.21 | 1.9 | -1.04 | 3.81 | 12.72 | 0.02 | -92.0 | 7.83 | 29.21 | 0 | 0 | 0 | 0 | -3.58 | 0 | -3.58 | 0 | 0 | 0 | -3.58 | 0 | 0.00 | 0 |
| 2022 (9) | 0.89 | 11.25 | 1.6 | -53.35 | 0.28 | -86.47 | 0 | 0 | 2.55 | -29.95 | -0.86 | 0 | 0.22 | 15.79 | 8.63 | 65.28 | 6.37 | -7.95 | 1.92 | -1.54 | 3.38 | 284.09 | 0.25 | -19.35 | 6.06 | 28.12 | 0 | 0 | 0 | 0 | -1.66 | 0 | -1.66 | 0 | 0 | 0 | -1.66 | 0 | 0.01 | -20.12 |
| 2021 (8) | 0.8 | 53.85 | 3.43 | 206.25 | 2.07 | 2200.0 | 0 | 0 | 3.64 | 14.83 | -0.79 | 0 | 0.19 | -54.76 | 5.22 | -60.6 | 6.92 | 32.57 | 1.95 | 8.94 | 0.88 | -69.12 | 0.31 | 1450.0 | 4.73 | 1.28 | 0 | 0 | 0 | 0 | -0.8 | 0 | -0.8 | 0 | 0 | 0 | -0.8 | 0 | 0.01 | 0 |
| 2020 (7) | 0.52 | -16.13 | 1.12 | -69.73 | 0.09 | -70.0 | 0 | 0 | 3.17 | -77.86 | -0.42 | 0 | 0.42 | -65.57 | 13.25 | 55.52 | 5.22 | 5.45 | 1.79 | -25.42 | 2.85 | 171.43 | 0.02 | 100.0 | 4.67 | 0.0 | 0.04 | 0 | 0 | 0 | -0.05 | 0 | -0.01 | 0 | 0 | 0 | -0.05 | 0 | 0.00 | 0 |
| 2019 (6) | 0.62 | 37.78 | 3.7 | -8.42 | 0.3 | 0 | 0 | 0 | 14.32 | 163.72 | 1.21 | 0 | 1.22 | 15.09 | 8.52 | -56.36 | 4.95 | -64.18 | 2.4 | 361.54 | 1.05 | -84.54 | 0.01 | 0.0 | 4.67 | 0.0 | 0 | 0 | 0 | 0 | 0.41 | 0 | 0.41 | 0 | 0 | 0 | 0.41 | 0 | 0.00 | 0 |
| 2018 (5) | 0.45 | 60.71 | 4.04 | 37.88 | 0 | 0 | 0 | 0 | 5.43 | 15.04 | -0.25 | 0 | 1.06 | 4.95 | 19.52 | -8.77 | 13.82 | 51.2 | 0.52 | -36.59 | 6.79 | 71.9 | 0.01 | -91.67 | 4.67 | 0.0 | 0 | 0 | 0 | 0 | -0.8 | 0 | -0.8 | 0 | 0 | 0 | -0.8 | 0 | 0.00 | 0 |
| 2017 (4) | 0.28 | -64.1 | 2.93 | 77.58 | 0 | 0 | 0 | 0 | 4.72 | -23.87 | -0.66 | 0 | 1.01 | -19.84 | 21.40 | 5.29 | 9.14 | 98.26 | 0.82 | -1.2 | 3.95 | 156.49 | 0.12 | 500.0 | 4.67 | 0.0 | 0.01 | 0.0 | 0 | 0 | -0.56 | 0 | -0.55 | 0 | 0 | 0 | -0.56 | 0 | 0.00 | 0 |
| 2016 (3) | 0.78 | 77.27 | 1.65 | 32.0 | 0.21 | 0 | 0 | 0 | 6.2 | 2.65 | 0.05 | -79.17 | 1.26 | 11.5 | 20.32 | 8.63 | 4.61 | 33.24 | 0.83 | 0.0 | 1.54 | 120.0 | 0.02 | 0 | 4.67 | 0.0 | 0.01 | 0 | 0 | 0 | 0.1 | 66.67 | 0.11 | 83.33 | 0 | 0 | 0.1 | 66.67 | 0.00 | 0 |
| 2015 (2) | 0.44 | -58.1 | 1.25 | 0 | 0 | 0 | 0 | 0 | 6.04 | 53.69 | 0.24 | 0 | 1.13 | 175.61 | 18.71 | 79.33 | 3.46 | 98.85 | 0.83 | -27.19 | 0.7 | 2.94 | 0 | 0 | 4.67 | 0.0 | 0 | 0 | 0 | 0 | 0.06 | 0 | 0.06 | 0 | 0 | 0 | 0.06 | 0 | 0.00 | 0 |
| 2014 (1) | 1.05 | 250.0 | 0 | 0 | 0.3 | 233.33 | 0 | 0 | 3.93 | -26.27 | -0.17 | 0 | 0.41 | -39.71 | 10.43 | -18.23 | 1.74 | 89.13 | 1.14 | -1.72 | 0.68 | 21.43 | 0 | 0 | 4.67 | 47.32 | 0 | 0 | 0 | 0 | -0.18 | 0 | -0.18 | 0 | 0 | 0 | -0.18 | 0 | 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) | 0.35 | -45.31 | -91.0 | 0.3 | -56.52 | -69.7 | 0.2 | -13.04 | -25.93 | 0 | 0 | 0 | 0.2 | -41.18 | -72.22 | -0.39 | -148.75 | 38.1 | 0.18 | 0.0 | -28.0 | 10.71 | 30.95 | 33.29 | 4.2 | -1.18 | -20.6 | 3.67 | -0.27 | 93.16 | 2.52 | -28.21 | -36.04 | 0.01 | 0.0 | -50.0 | 7.83 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.65 | -11.62 | -27.62 | -3.65 | -11.62 | -27.62 | 0 | 0 | 0 | -3.65 | -11.62 | -27.62 | 0.00 | 0 | 0 |
| 24Q2 (19) | 0.64 | -41.28 | -45.3 | 0.69 | 0.0 | -42.02 | 0.23 | 0.0 | -14.81 | 0 | 0 | 0 | 0.34 | -64.95 | -72.36 | 0.8 | 263.27 | 633.33 | 0.18 | -5.26 | -21.74 | 8.18 | 33.06 | 10.63 | 4.25 | -6.18 | -25.44 | 3.68 | 206.67 | 92.67 | 3.51 | -1.68 | -12.25 | 0.01 | 0.0 | -95.65 | 7.83 | 0.0 | 29.0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.27 | 19.66 | -47.3 | -3.27 | 19.66 | -47.3 | 0 | 0 | 0 | -3.27 | 19.66 | -47.3 | 0.00 | 0 | -100.0 |
| 24Q1 (18) | 1.09 | -60.93 | 70.31 | 0.69 | -30.3 | -56.05 | 0.23 | -11.54 | -17.86 | 0 | 0 | 0 | 0.97 | 470.59 | 51.56 | -0.49 | 32.88 | -19.51 | 0.19 | 35.71 | -26.92 | 6.15 | 21.22 | -39.22 | 4.53 | -13.05 | -27.4 | 1.2 | -36.84 | -37.5 | 3.57 | -6.3 | 7.53 | 0.01 | -50.0 | -95.83 | 7.83 | 0.0 | 29.0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.07 | -13.69 | -96.62 | -4.07 | -13.69 | -96.62 | 0 | 0 | 0 | -4.07 | -13.69 | -96.62 | 0.00 | 0 | -100.0 |
| 23Q4 (17) | 2.79 | -28.28 | 213.48 | 0.99 | 0.0 | -38.12 | 0.26 | -3.7 | -7.14 | 0 | 0 | 0 | 0.17 | -76.39 | -67.31 | -0.73 | -15.87 | -192.0 | 0.14 | -44.0 | -36.36 | 5.07 | -36.9 | -41.21 | 5.21 | -1.51 | -18.21 | 1.9 | 0.0 | -1.04 | 3.81 | -3.3 | 12.72 | 0.02 | 0.0 | -92.0 | 7.83 | 0.0 | 29.21 | 0 | 0 | 0 | 0 | 0 | 0 | -3.58 | -25.17 | -115.66 | -3.58 | -25.17 | -115.66 | 0 | 0 | 0 | -3.58 | -25.17 | -115.66 | 0.00 | 0 | -100.0 |
| 23Q3 (16) | 3.89 | 232.48 | 368.67 | 0.99 | -16.81 | -71.63 | 0.27 | 0.0 | -58.46 | 0 | 0 | 0 | 0.72 | -41.46 | 0.0 | -0.63 | -320.0 | -152.0 | 0.25 | 8.7 | 8.7 | 8.04 | 8.7 | 11.49 | 5.29 | -7.19 | -16.03 | 1.9 | -0.52 | -1.55 | 3.94 | -1.5 | 392.5 | 0.02 | -91.3 | -93.33 | 7.83 | 29.0 | 35.94 | 0 | 0 | 0 | 0 | 0 | 0 | -2.86 | -28.83 | -102.84 | -2.86 | -28.83 | -102.84 | 0 | 0 | 0 | -2.86 | -28.83 | -102.84 | 0.00 | -100.0 | -100.0 |
| 23Q2 (15) | 1.17 | 82.81 | 10.38 | 1.19 | -24.2 | -62.46 | 0.27 | -3.57 | -87.14 | 0 | 0 | 0 | 1.23 | 92.19 | 78.26 | -0.15 | 63.41 | 21.05 | 0.23 | -11.54 | 53.33 | 7.40 | -26.9 | 56.29 | 5.7 | -8.65 | -9.38 | 1.91 | -0.52 | -1.55 | 4.0 | 20.48 | 365.12 | 0.23 | -4.17 | -17.86 | 6.07 | 0.0 | 28.33 | 0 | 0 | 0 | 0 | 0 | 0 | -2.22 | -7.25 | -91.38 | -2.22 | -7.25 | -91.38 | 0 | 0 | 0 | -2.22 | -7.25 | -91.38 | 0.00 | -30.95 | -67.05 |
| 23Q1 (14) | 0.64 | -28.09 | -37.86 | 1.57 | -1.88 | -55.14 | 0.28 | 0.0 | -86.6 | 0 | 0 | 0 | 0.64 | 23.08 | 3.23 | -0.41 | -64.0 | -156.25 | 0.26 | 18.18 | -49.02 | 10.12 | 17.26 | -37.12 | 6.24 | -2.04 | -1.89 | 1.92 | 0.0 | -1.03 | 3.32 | -1.78 | 264.84 | 0.24 | -4.0 | -17.24 | 6.07 | 0.17 | 28.33 | 0 | 0 | 0 | 0 | 0 | 0 | -2.07 | -24.7 | -115.62 | -2.07 | -24.7 | -115.62 | 0 | 0 | 0 | -2.07 | -24.7 | -115.62 | 0.01 | -34.44 | -37.28 |
| 22Q4 (13) | 0.89 | 7.23 | 11.25 | 1.6 | -54.15 | -53.35 | 0.28 | -56.92 | -86.47 | 0 | 0 | 0 | 0.52 | -27.78 | -55.17 | -0.25 | 0.0 | -13.64 | 0.22 | -4.35 | 15.79 | 8.63 | 19.66 | 64.83 | 6.37 | 1.11 | -7.95 | 1.92 | -0.52 | -1.54 | 3.38 | 322.5 | 284.09 | 0.25 | -16.67 | -19.35 | 6.06 | 5.21 | 28.12 | 0 | 0 | 0 | 0 | 0 | 0 | -1.66 | -17.73 | -107.5 | -1.66 | -17.73 | -107.5 | 0 | 0 | 0 | -1.66 | -17.73 | -107.5 | 0.01 | -3.55 | -20.12 |
| 22Q3 (12) | 0.83 | -21.7 | 56.6 | 3.49 | 10.09 | 45.42 | 0.65 | -69.05 | 242.11 | 0 | 0 | 0 | 0.72 | 4.35 | 2.86 | -0.25 | -31.58 | 28.57 | 0.23 | 53.33 | -14.81 | 7.21 | 52.37 | -10.01 | 6.3 | 0.16 | -10.51 | 1.93 | -0.52 | -12.67 | 0.8 | -6.98 | -71.63 | 0.3 | 7.14 | -6.25 | 5.76 | 21.78 | 21.78 | 0 | 0 | 0 | 0 | 0 | 0 | -1.41 | -21.55 | -143.1 | -1.41 | -21.55 | -143.1 | 0 | 0 | 0 | -1.41 | -21.55 | -143.1 | 0.01 | -24.54 | -27.06 |
| 22Q2 (11) | 1.06 | 2.91 | 130.43 | 3.17 | -9.43 | 79.1 | 2.1 | 0.48 | 950.0 | 0 | 0 | 0 | 0.69 | 11.29 | 0.0 | -0.19 | -18.75 | 13.64 | 0.15 | -70.59 | -54.55 | 4.73 | -70.59 | -51.25 | 6.29 | -1.1 | -12.4 | 1.94 | 0.0 | -12.61 | 0.86 | -5.49 | -68.5 | 0.28 | -3.45 | -9.68 | 4.73 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | -1.16 | -20.83 | -329.63 | -1.16 | -20.83 | -404.35 | 0 | 0 | 0 | -1.16 | -20.83 | -329.63 | 0.01 | 31.44 | -36.72 |
| 22Q1 (10) | 1.03 | 28.75 | 47.14 | 3.5 | 2.04 | 122.93 | 2.09 | 0.97 | 1641.67 | 0 | 0 | 0 | 0.62 | -46.55 | -42.59 | -0.16 | 27.27 | 0 | 0.51 | 168.42 | 24.39 | 16.09 | 207.37 | 33.02 | 6.36 | -8.09 | 26.44 | 1.94 | -0.51 | -12.61 | 0.91 | 3.41 | -67.73 | 0.29 | -6.45 | 2800.0 | 4.73 | 0.0 | 1.28 | 0 | 0 | -100.0 | 0 | 0 | 0 | -0.96 | -20.0 | -1820.0 | -0.96 | -20.0 | -9500.0 | 0 | 0 | 0 | -0.96 | -20.0 | -1820.0 | 0.01 | -16.49 | 0 |
| 21Q4 (9) | 0.8 | 50.94 | 53.85 | 3.43 | 42.92 | 206.25 | 2.07 | 989.47 | 2200.0 | 0 | 0 | 0 | 1.16 | 65.71 | 28.89 | -0.22 | 37.14 | -633.33 | 0.19 | -29.63 | -54.76 | 5.23 | -34.67 | -60.49 | 6.92 | -1.7 | 32.57 | 1.95 | -11.76 | 8.94 | 0.88 | -68.79 | -69.12 | 0.31 | -3.12 | 1450.0 | 4.73 | 0.0 | 1.28 | 0 | 0 | -100.0 | 0 | 0 | 0 | -0.8 | -37.93 | -1500.0 | -0.8 | -37.93 | -7900.0 | 0 | 0 | 0 | -0.8 | -37.93 | -1500.0 | 0.01 | -11.93 | 0 |
| 21Q3 (8) | 0.53 | 15.22 | -15.87 | 2.4 | 35.59 | -36.68 | 0.19 | -5.0 | -40.62 | 0 | 0 | 0 | 0.7 | 1.45 | -4.11 | -0.35 | -59.09 | 0 | 0.27 | -18.18 | -49.06 | 8.01 | -17.45 | -35.6 | 7.04 | -1.95 | 26.62 | 2.21 | -0.45 | 22.78 | 2.82 | 3.3 | 115.27 | 0.32 | 3.23 | 1500.0 | 4.73 | 0.0 | 1.28 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | -0.58 | -114.81 | -2800.0 | -0.58 | -152.17 | -3000.0 | 0 | 0 | 0 | -0.58 | -114.81 | -2800.0 | 0.01 | -34.53 | 0 |
| 21Q2 (7) | 0.46 | -34.29 | 15.0 | 1.77 | 12.74 | -59.31 | 0.2 | 66.67 | -33.33 | 0 | 0 | 0 | 0.69 | -36.11 | 1.47 | -0.22 | 0 | -83.33 | 0.33 | -19.51 | -35.29 | 9.71 | -19.75 | 0 | 7.18 | 42.74 | 35.47 | 2.22 | 0.0 | 5.71 | 2.73 | -3.19 | 203.33 | 0.31 | 3000.0 | 1450.0 | 4.73 | 1.28 | 1.28 | 0.04 | 0.0 | 0.0 | 0 | 0 | 0 | -0.27 | -440.0 | -1250.0 | -0.23 | -2200.0 | -1250.0 | 0 | 0 | 0 | -0.27 | -440.0 | -1250.0 | 0.02 | 0 | 0 |
| 21Q1 (6) | 0.7 | 34.62 | 22.81 | 1.57 | 40.18 | -62.62 | 0.12 | 33.33 | -60.0 | 0 | 0 | 0 | 1.08 | 20.0 | 25.58 | 0 | 100.0 | 100.0 | 0.41 | -2.38 | -18.0 | 12.09 | -8.72 | 0 | 5.03 | -3.64 | -3.64 | 2.22 | 24.02 | 3.74 | 2.82 | -1.05 | 187.76 | 0.01 | -50.0 | -50.0 | 4.67 | 0.0 | 0.0 | 0.04 | 0.0 | 0 | 0 | 0 | 0 | -0.05 | 0.0 | -135.71 | -0.01 | 0.0 | -107.14 | 0 | 0 | 0 | -0.05 | 0.0 | -135.71 | 0.00 | 0 | 0 |
| 20Q4 (5) | 0.52 | -17.46 | -16.13 | 1.12 | -70.45 | -69.73 | 0.09 | -71.88 | -70.0 | 0 | 0 | 0 | 0.9 | 23.29 | -54.77 | -0.03 | 0 | 40.0 | 0.42 | -20.75 | -65.57 | 13.25 | 6.49 | 0 | 5.22 | -6.12 | 5.45 | 1.79 | -0.56 | -25.42 | 2.85 | 117.56 | 171.43 | 0.02 | 0.0 | 100.0 | 4.67 | 0.0 | 0.0 | 0.04 | 0.0 | 0 | 0 | 0 | 0 | -0.05 | -150.0 | -112.2 | -0.01 | -150.0 | -102.44 | 0 | 0 | 0 | -0.05 | -150.0 | -112.2 | 0.00 | 0 | 0 |
| 20Q3 (4) | 0.63 | 57.5 | 0.0 | 3.79 | -12.87 | 0.0 | 0.32 | 6.67 | 0.0 | 0 | 0 | 0.0 | 0.73 | 7.35 | 0.0 | 0 | 100.0 | 0.0 | 0.53 | 3.92 | 0.0 | 12.44 | 0 | 0.0 | 5.56 | 4.91 | 0.0 | 1.8 | -14.29 | 0.0 | 1.31 | 45.56 | 0.0 | 0.02 | 0.0 | 0.0 | 4.67 | 0.0 | 0.0 | 0.04 | 0.0 | 0.0 | 0 | 0 | 0.0 | -0.02 | 0.0 | 0.0 | 0.02 | 0.0 | 0.0 | 0 | 0 | 0.0 | -0.02 | 0.0 | 0.0 | 0.00 | 0 | 0.0 |
