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) | 11.83 | 14.52 | 0 | 0 | 0 | 0 | 0 | 0 | 18.56 | -26.76 | -0.12 | 0 | 5.61 | 5.65 | 30.23 | 44.24 | 4.72 | -51.09 | 0 | 0 | 0 | 0 | 0.62 | -18.42 | 4.44 | 0.0 | 4.04 | 7.73 | 0.25 | -13.79 | 3.48 | -38.19 | 7.77 | -19.65 | -0.35 | 0 | 3.13 | -41.82 | 0.00 | 0 |
| 2022 (9) | 10.33 | -25.42 | 0 | 0 | 0 | 0 | 0 | 0 | 25.34 | -20.19 | 2.86 | -49.29 | 5.31 | -38.4 | 20.96 | -22.82 | 9.65 | 35.15 | 0 | 0 | 0 | 0 | 0.76 | -12.64 | 4.44 | 0.0 | 3.75 | 17.92 | 0.29 | 20.83 | 5.63 | -18.64 | 9.67 | -6.48 | -0.25 | 0 | 5.38 | -18.85 | 0.00 | 2.31 |
| 2021 (8) | 13.85 | 42.64 | 0 | 0 | 0 | 0 | 0 | 0 | 31.75 | 67.02 | 5.64 | 729.41 | 8.62 | 39.03 | 27.15 | -16.76 | 7.14 | 25.7 | 0 | 0 | 0 | 0 | 0.87 | 12.99 | 4.44 | 0.0 | 3.18 | 1.92 | 0.24 | 0.0 | 6.92 | 211.71 | 10.34 | 85.3 | -0.29 | 0 | 6.63 | 234.85 | 0.00 | -17.1 |
| 2020 (7) | 9.71 | 12.78 | 0 | 0 | 0 | 0 | 0 | 0 | 19.01 | -32.25 | 0.68 | -70.43 | 6.2 | -6.34 | 32.61 | 38.24 | 5.68 | -4.05 | 0 | 0 | 0 | 0 | 0.77 | 8.45 | 4.44 | 8.56 | 3.12 | 7.96 | 0.24 | 41.18 | 2.22 | -39.51 | 5.58 | -17.09 | -0.24 | 0 | 1.98 | -42.27 | 0.00 | -6.8 |
| 2019 (6) | 8.61 | 1.41 | 0 | 0 | 0 | 0 | 0 | 0 | 28.06 | -6.0 | 2.3 | -14.18 | 6.62 | -4.2 | 23.59 | 1.91 | 5.92 | -20.96 | 0 | 0 | 0 | 0 | 0.71 | -10.13 | 4.09 | 0.25 | 2.89 | 10.31 | 0.17 | 30.77 | 3.67 | -1.61 | 6.73 | 3.86 | -0.24 | 0 | 3.43 | -2.83 | 0.00 | -1.74 |
| 2018 (5) | 8.49 | 0.12 | 0.1 | -70.59 | 0 | 0 | 0 | 0 | 29.85 | 9.9 | 2.68 | 91.43 | 6.91 | -6.24 | 23.15 | -14.69 | 7.49 | 44.59 | 0.01 | -94.74 | 0 | 0 | 0.79 | -8.14 | 4.08 | 17.24 | 2.62 | 5.65 | 0.13 | 8.33 | 3.73 | 60.78 | 6.48 | 31.71 | -0.2 | 0 | 3.53 | 69.71 | 0.00 | -96.81 |
| 2017 (4) | 8.48 | 30.46 | 0.34 | 1600.0 | 0.08 | 0 | 0 | 0 | 27.16 | 9.03 | 1.4 | -29.29 | 7.37 | 25.55 | 27.14 | 15.15 | 5.18 | -14.1 | 0.19 | -29.63 | 2.72 | 0 | 0.86 | 45.76 | 3.48 | 4.82 | 2.48 | 8.77 | 0.12 | 0 | 2.32 | -9.73 | 4.92 | 1.44 | -0.24 | 0 | 2.08 | -5.02 | 0.02 | -44.44 |
| 2016 (3) | 6.5 | -20.63 | 0.02 | -94.29 | 0 | 0 | 0 | 0 | 24.91 | 22.53 | 1.98 | 73.68 | 5.87 | 67.71 | 23.56 | 36.88 | 6.03 | 125.84 | 0.27 | -61.43 | 0 | 0 | 0.59 | -19.18 | 3.32 | 1.53 | 2.28 | 5.07 | 0 | 0 | 2.57 | 69.08 | 4.85 | 31.79 | -0.38 | 0 | 2.19 | 41.29 | 0.03 | 483.01 |
| 2015 (2) | 8.19 | -9.1 | 0.35 | 133.33 | 0 | 0 | 0 | 0 | 20.33 | -5.31 | 1.14 | -37.02 | 3.5 | -22.05 | 17.22 | -17.68 | 2.67 | -24.58 | 0.7 | -17.65 | 0 | 0 | 0.73 | -8.75 | 3.27 | 0.0 | 2.17 | 6.9 | 0 | 0 | 1.52 | 15.15 | 3.68 | 8.88 | 0.03 | -50.0 | 1.55 | 12.32 | 0.00 | -68.48 |
| 2014 (1) | 9.01 | -11.41 | 0.15 | 0.0 | 0 | 0 | 0 | 0 | 21.47 | -0.37 | 1.81 | 13.84 | 4.49 | 26.84 | 20.91 | 27.31 | 3.54 | 22.49 | 0.85 | 117.95 | 0 | 0 | 0.8 | 81.82 | 3.27 | -1.51 | 2.03 | 6.84 | 0.02 | -87.5 | 1.32 | -2.22 | 3.38 | -0.59 | 0.06 | 0 | 1.38 | 3.76 | 0.01 | 10.59 |
| 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) | 11.57 | -11.48 | 3.21 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.94 | -26.22 | -18.26 | -0.18 | -181.82 | -228.57 | 5.52 | -19.65 | -7.07 | 30.10 | -15.8 | -3.32 | 6.39 | 21.02 | 25.54 | 0 | 0 | 0 | 0 | 0 | 0 | 0.58 | -1.69 | -13.43 | 4.44 | 0.0 | 0.0 | 4.04 | 0.0 | 0.0 | 0.35 | 0.0 | 40.0 | 2.59 | -6.5 | -27.04 | 6.98 | -2.51 | -10.97 | -0.19 | 24.0 | 26.92 | 2.4 | -4.76 | -27.05 | 0.00 | 0 | 0 |
| 24Q2 (19) | 13.07 | -1.8 | 7.57 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.34 | 14.84 | 15.33 | 0.22 | 266.67 | 320.0 | 6.87 | 19.48 | 30.61 | 35.74 | 15.06 | 31.36 | 5.28 | 15.54 | -15.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0.59 | -4.84 | -15.71 | 4.44 | 0.0 | 0.0 | 4.04 | 0.0 | 0.0 | 0.35 | 40.0 | 40.0 | 2.77 | 4.53 | -18.77 | 7.16 | 3.17 | -7.01 | -0.25 | 10.71 | 26.47 | 2.52 | 6.33 | -17.92 | 0.00 | 0 | -100.0 |
| 24Q1 (18) | 13.31 | 12.51 | 18.95 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.65 | 5.44 | -1.06 | 0.06 | 185.71 | 166.67 | 5.75 | 2.5 | 11.43 | 31.06 | 2.77 | 36.6 | 4.57 | -3.18 | -41.63 | 0 | 0 | 0 | 0 | 0 | 0 | 0.62 | 0.0 | -15.07 | 4.44 | 0.0 | 0.0 | 4.04 | 0.0 | 7.73 | 0.25 | 0.0 | -13.79 | 2.65 | -23.85 | -29.71 | 6.94 | -10.68 | -11.14 | -0.28 | 20.0 | -21.74 | 2.37 | -24.28 | -33.05 | 0.00 | 0 | -100.0 |
| 23Q4 (17) | 11.83 | 5.53 | 14.52 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.41 | -8.51 | -10.55 | -0.07 | -150.0 | 12.5 | 5.61 | -5.56 | 5.65 | 30.23 | -2.91 | 44.24 | 4.72 | -7.27 | -51.09 | 0 | 0 | 0 | 0 | 0 | 0 | 0.62 | -7.46 | -18.42 | 4.44 | 0.0 | 0.0 | 4.04 | 0.0 | 7.73 | 0.25 | 0.0 | -13.79 | 3.48 | -1.97 | -38.19 | 7.77 | -0.89 | -19.65 | -0.35 | -34.62 | -40.0 | 3.13 | -4.86 | -41.82 | 0.00 | 0 | -100.0 |
| 23Q3 (16) | 11.21 | -7.74 | 20.67 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.82 | 4.1 | -4.93 | 0.14 | 240.0 | -48.15 | 5.94 | 12.93 | -14.41 | 31.13 | 14.41 | 24.26 | 5.09 | -18.3 | -51.94 | 0 | 0 | 0 | 0 | 0 | 0 | 0.67 | -4.29 | -12.99 | 4.44 | 0.0 | 0.0 | 4.04 | 0.0 | 7.73 | 0.25 | 0.0 | -13.79 | 3.55 | 4.11 | -37.61 | 7.84 | 1.82 | -19.34 | -0.26 | 23.53 | -23.81 | 3.29 | 7.17 | -39.96 | 0.00 | -100.0 | -100.0 |
| 23Q2 (15) | 12.15 | 8.58 | -17.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.63 | -1.49 | -42.05 | -0.1 | -11.11 | -107.3 | 5.26 | 1.94 | -38.48 | 27.21 | 19.66 | 5.25 | 6.23 | -20.43 | -32.94 | 0 | 0 | 0 | 0 | 0 | 0 | 0.7 | -4.11 | -14.63 | 4.44 | 0.0 | 0.0 | 4.04 | 7.73 | 7.73 | 0.25 | -13.79 | -13.79 | 3.41 | -9.55 | -37.08 | 7.7 | -1.41 | -18.6 | -0.34 | -47.83 | -41.67 | 3.07 | -13.28 | -40.73 | 0.00 | 0.85 | 7.46 |
| 23Q1 (14) | 11.19 | 8.33 | -16.49 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.7 | -4.67 | -36.05 | -0.09 | -12.5 | -106.92 | 5.16 | -2.82 | -38.93 | 22.74 | 8.52 | -10.27 | 7.83 | -18.86 | -0.89 | 0 | 0 | 0 | 0 | 0 | 0 | 0.73 | -3.95 | -16.09 | 4.44 | 0.0 | 0.0 | 3.75 | 0.0 | 17.92 | 0.29 | 0.0 | 20.83 | 3.77 | -33.04 | -19.1 | 7.81 | -19.23 | -3.34 | -0.23 | 8.0 | -21.05 | 3.54 | -34.2 | -20.81 | 0.00 | 7.39 | 1.28 |
| 22Q4 (13) | 10.33 | 11.19 | -25.42 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.93 | -2.76 | -32.37 | -0.08 | -129.63 | -105.76 | 5.31 | -23.49 | -38.4 | 20.96 | -16.36 | -22.82 | 9.65 | -8.88 | 35.15 | 0 | 0 | 0 | 0 | 0 | 0 | 0.76 | -1.3 | -12.64 | 4.44 | 0.0 | 0.0 | 3.75 | 0.0 | 17.92 | 0.29 | 0.0 | 20.83 | 5.63 | -1.05 | -18.64 | 9.67 | -0.51 | -6.48 | -0.25 | -19.05 | 13.79 | 5.38 | -1.82 | -18.85 | 0.00 | 0.33 | 2.31 |
| 22Q3 (12) | 9.29 | -36.85 | -18.79 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.07 | -36.55 | -51.44 | 0.27 | -80.29 | -89.93 | 6.94 | -18.83 | -38.96 | 25.05 | -3.09 | -33.74 | 10.59 | 13.99 | 67.56 | 0 | 0 | 0 | 0 | 0 | 0 | 0.77 | -6.1 | -18.95 | 4.44 | 0.0 | 0.0 | 3.75 | 0.0 | 17.92 | 0.29 | 0.0 | 20.83 | 5.69 | 4.98 | 2.89 | 9.72 | 2.75 | 8.6 | -0.21 | 12.5 | 32.26 | 5.48 | 5.79 | 4.98 | 0.00 | -1.11 | -3.26 |
| 22Q2 (11) | 14.71 | 9.78 | 39.56 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.99 | 8.71 | -3.27 | 1.37 | 5.38 | 8.73 | 8.55 | 1.18 | -9.14 | 25.85 | 2.01 | -33.95 | 9.29 | 17.59 | 61.28 | 0 | 0 | 0 | 0 | 0 | 0 | 0.82 | -5.75 | -19.61 | 4.44 | 0.0 | 0.0 | 3.75 | 17.92 | 20.19 | 0.29 | 20.83 | 20.83 | 5.42 | 16.31 | 42.63 | 9.46 | 17.08 | 32.12 | -0.24 | -26.32 | 20.0 | 5.18 | 15.88 | 48.0 | 0.00 | -4.95 | -8.85 |
| 22Q1 (10) | 13.4 | -3.25 | 39.15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.35 | 0.82 | 27.6 | 1.3 | -6.47 | 319.35 | 8.45 | -1.97 | 19.69 | 25.34 | -6.65 | -30.75 | 7.9 | 10.64 | 33.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0.87 | 0.0 | -17.14 | 4.44 | 0.0 | 0.0 | 3.18 | 0.0 | 1.92 | 0.24 | 0.0 | 0.0 | 4.66 | -32.66 | 84.19 | 8.08 | -21.86 | 37.18 | -0.19 | 34.48 | 26.92 | 4.47 | -32.58 | 96.92 | 0.00 | 8.48 | -8.92 |
| 21Q4 (9) | 13.85 | 21.07 | 42.64 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.29 | -30.17 | 29.95 | 1.39 | -48.13 | 308.82 | 8.62 | -24.19 | 39.03 | 27.15 | -28.2 | -16.76 | 7.14 | 12.97 | 25.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0.87 | -8.42 | 12.99 | 4.44 | 0.0 | 0.0 | 3.18 | 0.0 | 1.92 | 0.24 | 0.0 | 0.0 | 6.92 | 25.14 | 211.71 | 10.34 | 15.53 | 85.3 | -0.29 | 6.45 | -20.83 | 6.63 | 27.01 | 234.85 | 0.00 | -5.13 | -17.1 |
| 21Q3 (8) | 11.44 | 8.54 | 29.85 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.44 | 26.39 | 136.73 | 2.68 | 112.7 | 8833.33 | 11.37 | 20.83 | 127.4 | 37.81 | -3.4 | 51.02 | 6.32 | 9.72 | 0.16 | 0 | 0 | 0 | 0 | 0 | 0 | 0.95 | -6.86 | 17.28 | 4.44 | 0.0 | 0.0 | 3.18 | 1.92 | 1.92 | 0.24 | 0.0 | 0.0 | 5.53 | 45.53 | 197.31 | 8.95 | 25.0 | 71.46 | -0.31 | -3.33 | -6.9 | 5.22 | 49.14 | 232.48 | 0.00 | -6.83 | -14.19 |
| 21Q2 (7) | 10.54 | 9.45 | 31.59 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.26 | 43.4 | 135.33 | 1.26 | 306.45 | 869.23 | 9.41 | 33.29 | 104.12 | 39.14 | 6.95 | 0 | 5.76 | -2.87 | -16.28 | 0 | 0 | 0 | 0 | 0 | 0 | 1.02 | -2.86 | 27.5 | 4.44 | 0.0 | 8.56 | 3.12 | 0.0 | 0.0 | 0.24 | 0.0 | 0.0 | 3.8 | 50.2 | 107.65 | 7.16 | 21.56 | 37.96 | -0.3 | -15.38 | 11.76 | 3.5 | 54.19 | 134.9 | 0.00 | -5.02 | -19.3 |
| 21Q1 (6) | 9.63 | -0.82 | 16.44 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.76 | 2.67 | 5.11 | 0.31 | -8.82 | 82.35 | 7.06 | 13.87 | 3.07 | 36.60 | 12.22 | 0 | 5.93 | 4.4 | -5.72 | 0 | 0 | 0 | 0 | 0 | 0 | 1.05 | 36.36 | 31.25 | 4.44 | 0.0 | 8.56 | 3.12 | 0.0 | 7.96 | 0.24 | 0.0 | 41.18 | 2.53 | 13.96 | -34.11 | 5.89 | 5.56 | -14.64 | -0.26 | -8.33 | 7.14 | 2.27 | 14.65 | -36.24 | 0.00 | -1.26 | -7.37 |
| 20Q4 (5) | 9.71 | 10.22 | 12.78 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.61 | 27.21 | -14.61 | 0.34 | 1033.33 | -15.0 | 6.2 | 24.0 | -6.34 | 32.61 | 30.26 | 0 | 5.68 | -9.98 | -4.05 | 0 | 0 | 0 | 0 | 0 | 0 | 0.77 | -4.94 | 8.45 | 4.44 | 0.0 | 8.56 | 3.12 | 0.0 | 7.96 | 0.24 | 0.0 | 41.18 | 2.22 | 19.35 | -39.51 | 5.58 | 6.9 | -17.09 | -0.24 | 17.24 | 0.0 | 1.98 | 26.11 | -42.27 | 0.00 | -1.8 | -6.8 |
| 20Q3 (4) | 8.81 | 9.99 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 4.41 | 25.64 | 0.0 | 0.03 | -76.92 | 0.0 | 5.0 | 8.46 | 0.0 | 25.04 | 0 | 0.0 | 6.31 | -8.28 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.81 | 1.25 | 0.0 | 4.44 | 8.56 | 0.0 | 3.12 | 0.0 | 0.0 | 0.24 | 0.0 | 0.0 | 1.86 | 1.64 | 0.0 | 5.22 | 0.58 | 0.0 | -0.29 | 14.71 | 0.0 | 1.57 | 5.37 | 0.0 | 0.00 | -12.38 | 0.0 |
