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) | 10.76 | -14.94 | 9.31 | 9.53 | 7.72 | 4188.89 | 0 | 0 | 36.43 | -12.57 | -3.63 | 0 | 12.15 | -17.57 | 33.35 | -5.71 | 2.69 | -19.46 | 0.41 | -4.65 | 0.98 | -83.77 | 0.05 | 0.0 | 8.76 | 0.0 | 2.73 | 0.0 | 2.53 | -15.38 | -0.05 | 0 | 5.21 | -41.06 | -2.95 | 0 | -3.0 | 0 | 0.01 | 30.11 |
| 2022 (9) | 12.65 | 52.41 | 8.5 | -8.41 | 0.18 | 0 | 0 | 0 | 41.67 | -14.08 | -0.23 | 0 | 14.74 | -23.63 | 35.37 | -11.11 | 3.34 | -22.33 | 0.43 | 22.86 | 6.04 | 31.3 | 0.05 | 25.0 | 8.76 | 3.06 | 2.73 | 3.41 | 2.99 | 4.18 | 3.12 | -22.58 | 8.84 | -7.43 | -2.53 | 0 | 0.59 | -43.27 | 0.01 | -16.58 |
| 2021 (8) | 8.3 | -31.29 | 9.28 | 11.67 | 0 | 0 | 0 | 0 | 48.5 | 34.8 | 0.82 | 2.5 | 19.3 | 11.69 | 39.79 | -17.14 | 4.3 | 15.59 | 0.35 | -10.26 | 4.6 | 1.77 | 0.04 | -20.0 | 8.5 | 0.0 | 2.64 | 3.12 | 2.87 | -12.77 | 4.03 | 21.75 | 9.55 | 4.26 | -2.99 | 0 | 1.04 | 136.36 | 0.01 | 7.57 |
| 2020 (7) | 12.08 | -2.27 | 8.31 | 4.01 | 0 | 0 | 0 | 0 | 35.98 | 1.96 | 0.8 | 63.27 | 17.28 | 10.98 | 48.03 | 8.85 | 3.72 | 27.84 | 0.39 | -7.14 | 4.52 | 13.28 | 0.05 | -16.67 | 8.5 | 0.0 | 2.56 | 1.99 | 3.29 | 43.04 | 3.31 | -16.62 | 9.16 | 4.33 | -2.87 | 0 | 0.44 | -35.29 | 0.01 | -24.67 |
| 2019 (6) | 12.36 | 3.87 | 7.99 | 32.28 | 0 | 0 | 0 | 0 | 35.29 | -13.84 | 0.49 | -58.12 | 15.57 | -8.36 | 44.12 | 6.37 | 2.91 | -10.46 | 0.42 | 2.44 | 3.99 | 0.0 | 0.06 | -14.29 | 8.5 | 0.0 | 2.51 | 4.58 | 2.3 | 0.0 | 3.97 | -10.79 | 8.78 | -4.04 | -3.29 | 0 | 0.68 | -70.56 | 0.01 | 26.2 |
| 2018 (5) | 11.9 | 12.48 | 6.04 | 34.22 | 0 | 0 | 0 | 0 | 40.96 | 8.13 | 1.17 | -5.65 | 16.99 | -6.55 | 41.48 | -13.57 | 3.25 | -6.88 | 0.41 | 5.13 | 3.99 | 0.0 | 0.07 | 75.0 | 8.5 | 0.0 | 2.4 | 5.73 | 2.3 | 0.0 | 4.45 | -1.55 | 9.15 | 0.66 | -2.14 | 0 | 2.31 | -16.61 | 0.01 | -82.51 |
| 2017 (4) | 10.58 | -17.08 | 4.5 | 9.76 | 0 | 0 | 0 | 0 | 37.88 | 10.02 | 1.24 | 15.89 | 18.18 | 18.51 | 47.99 | 7.72 | 3.49 | 14.05 | 0.39 | 8.33 | 3.99 | 0.0 | 0.04 | 0.0 | 8.5 | 0.0 | 2.27 | 4.61 | 2.3 | 0.0 | 4.52 | 4.15 | 9.09 | 3.3 | -1.75 | 0 | 2.77 | -7.97 | 0.03 | 0.76 |
| 2016 (3) | 12.76 | -1.85 | 4.1 | 2.5 | 0 | 0 | 0 | 0 | 34.43 | -4.41 | 1.07 | 30.49 | 15.34 | -1.92 | 44.55 | 2.61 | 3.06 | 14.61 | 0.36 | -5.26 | 3.99 | 0.0 | 0.04 | -20.0 | 8.5 | 0.0 | 2.17 | 3.83 | 2.3 | 0.0 | 4.34 | 6.63 | 8.8 | 4.02 | -1.33 | 0 | 3.01 | -35.96 | 0.03 | 5.47 |
| 2015 (2) | 13.0 | 12.55 | 4.0 | 44.4 | 0 | 0 | 0 | 0 | 36.02 | -12.3 | 0.82 | -20.39 | 15.64 | -7.95 | 43.42 | 4.96 | 2.67 | -13.87 | 0.38 | -5.0 | 3.99 | -30.0 | 0.05 | 0.0 | 8.5 | 0.0 | 2.09 | 5.56 | 2.3 | 0.0 | 4.07 | -7.08 | 8.46 | -2.31 | 0.63 | -38.24 | 4.7 | -12.96 | 0.03 | -3.65 |
| 2014 (1) | 11.55 | 26.37 | 2.77 | -13.17 | 0 | 0 | 0 | 0 | 41.07 | -1.56 | 1.03 | 13.19 | 16.99 | -9.19 | 41.37 | -7.76 | 3.1 | -9.88 | 0.4 | 0.0 | 5.7 | 6.74 | 0.05 | 0.0 | 8.5 | 0.0 | 1.98 | 4.76 | 2.3 | 0.0 | 4.38 | 2.1 | 8.66 | 2.12 | 1.02 | 264.29 | 5.4 | 18.16 | 0.03 | 6.42 |
| 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) | 8.78 | -6.6 | -23.85 | 8.27 | -4.06 | -16.46 | 0.07 | 0.0 | -61.11 | 0 | 0 | 0 | 8.46 | -2.65 | -11.6 | -0.74 | -1750.0 | 12.94 | 12.87 | -1.23 | -7.81 | 38.68 | 2.07 | 5.55 | 3.21 | -1.83 | 8.81 | 0.39 | 0.0 | -7.14 | 8.89 | 1.95 | 38.69 | 0.05 | 0.0 | 0.0 | 8.76 | 0.0 | 0.0 | 2.73 | 0.0 | 0.0 | 2.53 | 0.0 | 0.0 | -1.0 | -284.62 | -145.87 | 4.26 | -14.8 | -42.74 | -1.79 | -20.13 | 7.73 | -2.79 | -59.43 | -1262.5 | 0.02 | 6.82 | 173.71 |
| 24Q2 (19) | 9.4 | -16.37 | -20.54 | 8.62 | -3.9 | -6.3 | 0.07 | -53.33 | -61.11 | 0 | 0 | 0 | 8.69 | 15.71 | -5.85 | -0.04 | 76.47 | 80.0 | 13.03 | 10.61 | -5.51 | 37.90 | 12.35 | 5.15 | 3.27 | 4.81 | 15.14 | 0.39 | 0.0 | -4.88 | 8.72 | -1.58 | 35.19 | 0.05 | 0.0 | 0.0 | 8.76 | 0.0 | 0.0 | 2.73 | 0.0 | 0.0 | 2.53 | 0.0 | 0.0 | -0.26 | -18.18 | -108.55 | 5.0 | -0.79 | -39.76 | -1.49 | 19.89 | 54.29 | -1.75 | 15.87 | -695.45 | 0.01 | -2.09 | 149.61 |
| 24Q1 (18) | 11.24 | 4.46 | -9.65 | 8.97 | -3.65 | -3.55 | 0.15 | -98.06 | -16.67 | 0 | 0 | 0 | 7.51 | -12.78 | -16.74 | -0.17 | 92.38 | 48.48 | 11.78 | -3.05 | -14.58 | 33.73 | 1.15 | -2.52 | 3.12 | 15.99 | -9.3 | 0.39 | -4.88 | -4.88 | 8.86 | 804.08 | 47.67 | 0.05 | 0.0 | 0.0 | 8.76 | 0.0 | 0.0 | 2.73 | 0.0 | 0.0 | 2.53 | 0.0 | -15.38 | -0.22 | -340.0 | -107.89 | 5.04 | -3.26 | -40.71 | -1.86 | 36.95 | 22.18 | -2.08 | 30.67 | -620.0 | 0.01 | 114.87 | 176.69 |
| 23Q4 (17) | 10.76 | -6.68 | -14.94 | 9.31 | -5.96 | 9.53 | 7.72 | 4188.89 | 4188.89 | 0 | 0 | 0 | 8.61 | -10.03 | -16.16 | -2.23 | -162.35 | -3085.71 | 12.15 | -12.97 | -17.57 | 33.35 | -9.0 | -5.74 | 2.69 | -8.81 | -19.46 | 0.41 | -2.38 | -4.65 | 0.98 | -84.71 | -83.77 | 0.05 | 0.0 | 0.0 | 8.76 | 0.0 | 0.0 | 2.73 | 0.0 | 0.0 | 2.53 | 0.0 | -15.38 | -0.05 | -102.29 | -101.6 | 5.21 | -29.97 | -41.06 | -2.95 | -52.06 | -16.6 | -3.0 | -1350.0 | -608.47 | 0.01 | 21.8 | 30.11 |
| 23Q3 (16) | 11.53 | -2.54 | -7.76 | 9.9 | 7.61 | 0.81 | 0.18 | 0.0 | 0 | 0 | 0 | 0 | 9.57 | 3.68 | -1.75 | -0.85 | -325.0 | -286.36 | 13.96 | 1.23 | -8.7 | 36.65 | 1.68 | 4.51 | 2.95 | 3.87 | -16.9 | 0.42 | 2.44 | 0.0 | 6.41 | -0.62 | 35.52 | 0.05 | 0.0 | 25.0 | 8.76 | 0.0 | 0.0 | 2.73 | 0.0 | 0.0 | 2.53 | 0.0 | -15.38 | 2.18 | -28.29 | -31.23 | 7.44 | -10.36 | -16.22 | -1.94 | 40.49 | 4.9 | 0.24 | 209.09 | -78.76 | 0.01 | -2.59 | 9.8 |
| 23Q2 (15) | 11.83 | -4.9 | 4.78 | 9.2 | -1.08 | -10.24 | 0.18 | 0.0 | 0 | 0 | 0 | 0 | 9.23 | 2.33 | -14.7 | -0.2 | 39.39 | -205.26 | 13.79 | 0.0 | -18.01 | 36.04 | 4.16 | -1.24 | 2.84 | -17.44 | -35.75 | 0.41 | 0.0 | 10.81 | 6.45 | 7.5 | 36.36 | 0.05 | 0.0 | 25.0 | 8.76 | 0.0 | 0.0 | 2.73 | 0.0 | 0.0 | 2.53 | -15.38 | -15.38 | 3.04 | 8.96 | -10.32 | 8.3 | -2.35 | -8.79 | -3.26 | -36.4 | -35.83 | -0.22 | -155.0 | -122.22 | 0.01 | 8.54 | 1.75 |
| 23Q1 (14) | 12.44 | -1.66 | 38.38 | 9.3 | 9.41 | -3.02 | 0.18 | 0.0 | 0 | 0 | 0 | 0 | 9.02 | -12.17 | -16.71 | -0.33 | -371.43 | -153.85 | 13.79 | -6.45 | -24.73 | 34.60 | -2.2 | -9.14 | 3.44 | 2.99 | -26.34 | 0.41 | -4.65 | 13.89 | 6.0 | -0.66 | 30.43 | 0.05 | 0.0 | 0.0 | 8.76 | 0.0 | 3.06 | 2.73 | 0.0 | 3.41 | 2.99 | 0.0 | 4.18 | 2.79 | -10.58 | -28.64 | 8.5 | -3.85 | -9.77 | -2.39 | 5.53 | -31.32 | 0.4 | -32.2 | -80.86 | 0.01 | 1.04 | -11.2 |
| 22Q4 (13) | 12.65 | 1.2 | 52.41 | 8.5 | -13.44 | -8.41 | 0.18 | 0 | 0 | 0 | 0 | 0 | 10.27 | 5.44 | -15.89 | -0.07 | 68.18 | 0 | 14.74 | -3.6 | -23.63 | 35.38 | 0.89 | -11.12 | 3.34 | -5.92 | -22.33 | 0.43 | 2.38 | 22.86 | 6.04 | 27.7 | 31.3 | 0.05 | 25.0 | 25.0 | 8.76 | 0.0 | 3.06 | 2.73 | 0.0 | 3.41 | 2.99 | 0.0 | 4.18 | 3.12 | -1.58 | -22.58 | 8.84 | -0.45 | -7.43 | -2.53 | -24.02 | 15.38 | 0.59 | -47.79 | -43.27 | 0.01 | 2.78 | -16.58 |
| 22Q3 (12) | 12.5 | 10.72 | 42.37 | 9.82 | -4.2 | 34.52 | 0 | 0 | 0 | 0 | 0 | 0 | 9.74 | -9.98 | -20.36 | -0.22 | -215.79 | -466.67 | 15.29 | -9.1 | -20.74 | 35.07 | -3.9 | -13.52 | 3.55 | -19.68 | -23.16 | 0.42 | 13.51 | 20.0 | 4.73 | 0.0 | 2.83 | 0.04 | 0.0 | 0.0 | 8.76 | 0.0 | 3.06 | 2.73 | 0.0 | 3.41 | 2.99 | 0.0 | 4.18 | 3.17 | -6.49 | -21.53 | 8.88 | -2.42 | -7.11 | -2.04 | 15.0 | 38.92 | 1.13 | 14.14 | 61.43 | 0.01 | -9.73 | -13.06 |
| 22Q2 (11) | 11.29 | 25.58 | 26.43 | 10.25 | 6.88 | 13.89 | 0 | 0 | 0 | 0 | 0 | 0 | 10.82 | -0.09 | -15.67 | 0.19 | 246.15 | -48.65 | 16.82 | -8.19 | -15.31 | 36.49 | -4.18 | -17.71 | 4.42 | -5.35 | -4.74 | 0.37 | 2.78 | 5.71 | 4.73 | 2.83 | 4.65 | 0.04 | -20.0 | 0.0 | 8.76 | 3.06 | 3.06 | 2.73 | 3.41 | 6.64 | 2.99 | 4.18 | -9.12 | 3.39 | -13.3 | -16.71 | 9.1 | -3.4 | -8.27 | -2.4 | -31.87 | 24.53 | 0.99 | -52.63 | 11.24 | 0.01 | -5.28 | -1.01 |
| 22Q1 (10) | 8.99 | 8.31 | -17.14 | 9.59 | 3.34 | 7.75 | 0 | 0 | 0 | 0 | 0 | 0 | 10.83 | -11.3 | -3.39 | -0.13 | 0 | -133.33 | 18.32 | -5.08 | 2.75 | 38.09 | -4.33 | -13.27 | 4.67 | 8.6 | 5.9 | 0.36 | 2.86 | -2.7 | 4.6 | 0.0 | 1.77 | 0.05 | 25.0 | 25.0 | 8.5 | 0.0 | 0.0 | 2.64 | 0.0 | 3.12 | 2.87 | 0.0 | -12.77 | 3.91 | -2.98 | 5.68 | 9.42 | -1.36 | -1.36 | -1.82 | 39.13 | 39.74 | 2.09 | 100.96 | 207.35 | 0.01 | -5.08 | 3.33 |
| 21Q4 (9) | 8.3 | -5.47 | -31.29 | 9.28 | 27.12 | 11.67 | 0 | 0 | 0 | 0 | 0 | 0 | 12.21 | -0.16 | 8.05 | 0 | -100.0 | -100.0 | 19.3 | 0.05 | 11.69 | 39.81 | -1.83 | -17.13 | 4.3 | -6.93 | 15.59 | 0.35 | 0.0 | -10.26 | 4.6 | 0.0 | 1.77 | 0.04 | 0.0 | -20.0 | 8.5 | 0.0 | 0.0 | 2.64 | 0.0 | 3.12 | 2.87 | 0.0 | -12.77 | 4.03 | -0.25 | 21.75 | 9.55 | -0.1 | 4.26 | -2.99 | 10.48 | -4.18 | 1.04 | 48.57 | 136.36 | 0.01 | 7.12 | 7.57 |
| 21Q3 (8) | 8.78 | -1.68 | -37.02 | 7.3 | -18.89 | -12.36 | 0 | 0 | 0 | 0 | 0 | 0 | 12.23 | -4.68 | 29.56 | 0.06 | -83.78 | -62.5 | 19.29 | -2.87 | 38.08 | 40.55 | -8.57 | 0.69 | 4.62 | -0.43 | 48.08 | 0.35 | 0.0 | -14.63 | 4.6 | 1.77 | 1.77 | 0.04 | 0.0 | -20.0 | 8.5 | 0.0 | 0.0 | 2.64 | 3.12 | 3.12 | 2.87 | -12.77 | -12.77 | 4.04 | -0.74 | 40.77 | 9.56 | -3.63 | 9.63 | -3.34 | -5.03 | 3.75 | 0.7 | -21.35 | 216.67 | 0.01 | 2.78 | -30.28 |
| 21Q2 (7) | 8.93 | -17.7 | -32.09 | 9.0 | 1.12 | 10.57 | 0 | 0 | 0 | 0 | 0 | 0 | 12.83 | 14.45 | 48.32 | 0.37 | -5.13 | -2.63 | 19.86 | 11.39 | 44.12 | 44.35 | 0.99 | 0 | 4.64 | 5.22 | 71.22 | 0.35 | -5.41 | -14.63 | 4.52 | 0.0 | 1.57 | 0.04 | 0.0 | -20.0 | 8.5 | 0.0 | 0.0 | 2.56 | 0.0 | 0.0 | 3.29 | 0.0 | 0.0 | 4.07 | 10.0 | 49.63 | 9.92 | 3.87 | 15.75 | -3.18 | -5.3 | 20.7 | 0.89 | 30.88 | 168.99 | 0.01 | -1.12 | -30.17 |
| 21Q1 (6) | 10.85 | -10.18 | -18.91 | 8.9 | 7.1 | 5.45 | 0 | 0 | 0 | 0 | 0 | 0 | 11.21 | -0.8 | 70.36 | 0.39 | -9.3 | 329.41 | 17.83 | 3.18 | 36.31 | 43.92 | -8.58 | 0 | 4.41 | 18.55 | 50.0 | 0.37 | -5.13 | -11.9 | 4.52 | 0.0 | 1.57 | 0.04 | -20.0 | -20.0 | 8.5 | 0.0 | 0.0 | 2.56 | 0.0 | 1.99 | 3.29 | 0.0 | 43.04 | 3.7 | 11.78 | -2.63 | 9.55 | 4.26 | 10.92 | -3.02 | -5.23 | 13.71 | 0.68 | 54.55 | 126.67 | 0.01 | -1.19 | -21.54 |
| 20Q4 (5) | 12.08 | -13.34 | -2.27 | 8.31 | -0.24 | 4.01 | 0 | 0 | 0 | 0 | 0 | 0 | 11.3 | 19.7 | 12.77 | 0.43 | 168.75 | 53.57 | 17.28 | 23.69 | 10.98 | 48.04 | 19.29 | 0 | 3.72 | 19.23 | 27.84 | 0.39 | -4.88 | -7.14 | 4.52 | 0.0 | 13.28 | 0.05 | 0.0 | -16.67 | 8.5 | 0.0 | 0.0 | 2.56 | 0.0 | 1.99 | 3.29 | 0.0 | 43.04 | 3.31 | 15.33 | -16.62 | 9.16 | 5.05 | 4.33 | -2.87 | 17.29 | 12.77 | 0.44 | 173.33 | -35.29 | 0.01 | -30.57 | -24.67 |
| 20Q3 (4) | 13.94 | 6.01 | 0.0 | 8.33 | 2.33 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 9.44 | 9.13 | 0.0 | 0.16 | -57.89 | 0.0 | 13.97 | 1.38 | 0.0 | 40.27 | 0 | 0.0 | 3.12 | 15.13 | 0.0 | 0.41 | 0.0 | 0.0 | 4.52 | 1.57 | 0.0 | 0.05 | 0.0 | 0.0 | 8.5 | 0.0 | 0.0 | 2.56 | 0.0 | 0.0 | 3.29 | 0.0 | 0.0 | 2.87 | 5.51 | 0.0 | 8.72 | 1.75 | 0.0 | -3.47 | 13.47 | 0.0 | -0.6 | 53.49 | 0.0 | 0.01 | 2.95 | 0.0 |
