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) | 29.58 | -33.11 | 15.99 | 33.25 | 0 | 0 | 0 | 0 | 166.09 | 1.76 | 8.28 | -22.25 | 18.12 | -38.78 | 10.91 | -39.84 | 29.95 | -3.48 | 0 | 0 | 0 | 0 | 0.46 | 411.11 | 4.91 | 0.0 | 6.61 | 19.31 | 0.05 | -80.0 | 28.58 | 20.9 | 35.24 | 19.78 | -0.89 | 0 | 27.69 | 17.38 | 0.05 | -31.34 |
| 2022 (9) | 44.22 | 151.25 | 12.0 | 5614.29 | 0 | 0 | 0 | 0 | 163.22 | 77.8 | 10.65 | 137.19 | 29.6 | 108.6 | 18.14 | 17.32 | 31.03 | 44.53 | 0 | 0 | 0 | 0 | 0.09 | -47.06 | 4.91 | 0.0 | 5.54 | 9.06 | 0.25 | 19.05 | 23.64 | 58.55 | 29.42 | 45.64 | -0.05 | 0 | 23.59 | 60.91 | 0.07 | 23.81 |
| 2021 (8) | 17.6 | -29.32 | 0.21 | -50.0 | 0 | 0 | 0 | 0 | 91.8 | 18.21 | 4.49 | 19.41 | 14.19 | 28.07 | 15.46 | 8.34 | 21.47 | 109.67 | 0 | 0 | 0 | 0 | 0.17 | -41.38 | 4.91 | 0.0 | 5.08 | 7.86 | 0.21 | 50.0 | 14.91 | 16.85 | 20.2 | 14.71 | -0.25 | 0 | 14.66 | 16.81 | 0.06 | 5.37 |
| 2020 (7) | 24.9 | -5.47 | 0.42 | 162.5 | 0 | 0 | 0 | 0 | 77.66 | -2.19 | 3.76 | -11.32 | 11.08 | 51.99 | 14.27 | 55.39 | 10.24 | 31.62 | 0 | 0 | 0 | 0 | 0.29 | -25.64 | 4.91 | 0.0 | 4.71 | 9.79 | 0.14 | 27.27 | 12.76 | 6.07 | 17.61 | 7.18 | -0.21 | 0 | 12.55 | 5.55 | 0.05 | 7.99 |
| 2019 (6) | 26.34 | 22.97 | 0.16 | -78.08 | 0 | 0 | 0 | 0 | 79.4 | -7.87 | 4.24 | -8.82 | 7.29 | -15.13 | 9.18 | -7.89 | 7.78 | 14.58 | 0 | 0 | 0 | 0 | 0.39 | 39.29 | 4.91 | 0.0 | 4.29 | 12.3 | 0.11 | -21.43 | 12.03 | 5.16 | 16.43 | 6.69 | -0.14 | 0 | 11.89 | 4.94 | 0.05 | 14.22 |
| 2018 (5) | 21.42 | -8.7 | 0.73 | 265.0 | 0 | 0 | 0 | 0 | 86.18 | 1.84 | 4.65 | -0.64 | 8.59 | -37.71 | 9.97 | -38.84 | 6.79 | -46.37 | 0 | 0 | 0 | 0 | 0.28 | 64.71 | 4.91 | 0.0 | 3.82 | 14.03 | 0.14 | 180.0 | 11.44 | 11.28 | 15.4 | 12.57 | -0.11 | 0 | 11.33 | 11.74 | 0.04 | 25.99 |
| 2017 (4) | 23.46 | -15.15 | 0.2 | -77.01 | 0 | 0 | 0 | 0 | 84.62 | 27.5 | 4.68 | -16.43 | 13.79 | 75.22 | 16.30 | 37.43 | 12.66 | 101.27 | 0 | 0 | 0 | 0 | 0.17 | 88.89 | 4.91 | 0.0 | 3.35 | 20.07 | 0.05 | 150.0 | 10.28 | 1.38 | 13.68 | 5.72 | -0.14 | 0 | 10.14 | 0.5 | 0.03 | -10.84 |
| 2016 (3) | 27.65 | -2.47 | 0.87 | 33.85 | 0 | 0 | 0 | 0 | 66.37 | -12.49 | 5.6 | -31.03 | 7.87 | -24.47 | 11.86 | -13.7 | 6.29 | 22.14 | 0 | 0 | 0 | 0 | 0.09 | 28.57 | 4.91 | 0.0 | 2.79 | 40.91 | 0.02 | -77.78 | 10.14 | -13.04 | 12.94 | -5.75 | -0.05 | 0 | 10.09 | -13.32 | 0.04 | 0 |
| 2015 (2) | 28.35 | 11.79 | 0.65 | 306.25 | 0 | 0 | 0 | 0 | 75.84 | 22.64 | 8.12 | 32.68 | 10.42 | 5.15 | 13.74 | -14.26 | 5.15 | -4.98 | 0 | 0 | 0 | 0 | 0.07 | 250.0 | 4.91 | 0.82 | 1.98 | 44.53 | 0.09 | -59.09 | 11.66 | 34.18 | 13.73 | 33.69 | -0.02 | 0 | 11.64 | 35.35 | 0.00 | 0 |
| 2014 (1) | 25.36 | 16.28 | 0.16 | -33.33 | 0 | 0 | 0 | 0 | 61.84 | 24.15 | 6.12 | 45.02 | 9.91 | 54.12 | 16.03 | 24.14 | 5.42 | 10.39 | 0 | 0 | 0 | 0 | 0.02 | -83.33 | 4.87 | 1.25 | 1.37 | 44.21 | 0.22 | -15.38 | 8.69 | 48.04 | 10.27 | 45.06 | -0.09 | 0 | 8.6 | 52.21 | 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) | 26.9 | 5.12 | -18.71 | 13.33 | 7.15 | -0.45 | 0 | 0 | 0 | 0 | 0 | 0 | 29.52 | 17.19 | -29.46 | 0.61 | 144.0 | -72.4 | 18.74 | 24.11 | -27.62 | 15.50 | 36.76 | 9.12 | 22.82 | 6.59 | -27.09 | 0 | 0 | 0 | 0 | 0 | 0 | 0.7 | 22.81 | 400.0 | 4.91 | 0.0 | 0.0 | 7.43 | 0.0 | 12.41 | 0.89 | 0.0 | 1680.0 | 26.33 | 2.33 | -4.43 | 34.65 | 1.76 | 1.32 | -0.27 | -285.71 | -550.0 | 26.06 | 1.56 | -5.61 | 0.05 | 20.82 | 11.63 |
| 24Q2 (19) | 25.59 | -4.66 | 0.75 | 12.44 | 1.97 | 5554.55 | 0 | 0 | 0 | 0 | 0 | 0 | 25.19 | -11.83 | -39.39 | 0.25 | -50.98 | -90.0 | 15.1 | 3.71 | -24.95 | 11.33 | 16.45 | 4.96 | 21.41 | -10.53 | -35.22 | 0 | 0 | 0 | 0 | 0 | 0 | 0.57 | 29.55 | 470.0 | 4.91 | 0.0 | 0.0 | 7.43 | 12.41 | 12.41 | 0.89 | 1680.0 | 1680.0 | 25.73 | -11.58 | 1.58 | 34.05 | -4.78 | 6.44 | -0.07 | 22.22 | -250.0 | 25.66 | -11.55 | 1.38 | 0.04 | 19.29 | -2.8 |
| 24Q1 (18) | 26.84 | -9.26 | -12.83 | 12.2 | -23.7 | 4983.33 | 0 | 0 | 0 | 0 | 0 | 0 | 28.57 | -24.04 | -36.62 | 0.51 | -51.43 | -79.76 | 14.56 | -19.65 | -41.2 | 9.73 | -10.78 | -29.37 | 23.93 | -20.1 | -27.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0.44 | -4.35 | 450.0 | 4.91 | 0.0 | 0.0 | 6.61 | 0.0 | 19.31 | 0.05 | 0.0 | -80.0 | 29.1 | 1.82 | 11.24 | 35.76 | 1.48 | 11.96 | -0.09 | 89.89 | -28.57 | 29.01 | 4.77 | 11.19 | 0.04 | -26.48 | -10.13 |
| 23Q4 (17) | 29.58 | -10.61 | -33.11 | 15.99 | 19.42 | 33.25 | 0 | 0 | 0 | 0 | 0 | 0 | 37.61 | -10.13 | -30.03 | 1.05 | -52.49 | -67.69 | 18.12 | -30.01 | -38.78 | 10.91 | -23.21 | -39.85 | 29.95 | -4.31 | -3.48 | 0 | 0 | 0 | 0 | 0 | 0 | 0.46 | 228.57 | 411.11 | 4.91 | 0.0 | 0.0 | 6.61 | 0.0 | 19.31 | 0.05 | 0.0 | -80.0 | 28.58 | 3.74 | 20.9 | 35.24 | 3.04 | 19.78 | -0.89 | -1583.33 | -1680.0 | 27.69 | 0.29 | 17.38 | 0.05 | 5.35 | -31.34 |
| 23Q3 (16) | 33.09 | 30.28 | 19.63 | 13.39 | 5986.36 | 33375.0 | 0 | 0 | 0 | 0 | 0 | 0 | 41.85 | 0.7 | -8.86 | 2.21 | -11.6 | -28.94 | 25.89 | 28.68 | 2.98 | 14.21 | 31.55 | -24.23 | 31.3 | -5.3 | 20.52 | 0 | 0 | 0 | 0 | 0 | 0 | 0.14 | 40.0 | 27.27 | 4.91 | 0.0 | 0.0 | 6.61 | 0.0 | 19.31 | 0.05 | 0.0 | -80.0 | 27.55 | 8.76 | 35.45 | 34.2 | 6.91 | 30.88 | 0.06 | 400.0 | 200.0 | 27.61 | 9.09 | 35.61 | 0.05 | 5.2 | -29.21 |
| 23Q2 (15) | 25.4 | -17.51 | 30.19 | 0.22 | -8.33 | 266.67 | 0 | 0 | 0 | 0 | 0 | 0 | 41.56 | -7.81 | 18.98 | 2.5 | -0.79 | 28.21 | 20.12 | -18.74 | -7.07 | 10.80 | -21.63 | -43.45 | 33.05 | 0.55 | 25.28 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 25.0 | -16.67 | 4.91 | 0.0 | 0.0 | 6.61 | 19.31 | 19.31 | 0.05 | -80.0 | -80.0 | 25.33 | -3.17 | 46.93 | 31.99 | 0.16 | 38.97 | -0.02 | 71.43 | 83.33 | 25.31 | -2.99 | 47.84 | 0.04 | 10.3 | -21.95 |
| 23Q1 (14) | 30.79 | -30.37 | 56.69 | 0.24 | -98.0 | -93.1 | 0 | 0 | 0 | 0 | 0 | 0 | 45.08 | -16.13 | 57.51 | 2.52 | -22.46 | 7.69 | 24.76 | -16.35 | 61.3 | 13.78 | -24.01 | -9.7 | 32.87 | 5.93 | 49.95 | 0 | 0 | 0 | 0 | 0 | 0 | 0.08 | -11.11 | -46.67 | 4.91 | 0.0 | 0.0 | 5.54 | 0.0 | 9.06 | 0.25 | 0.0 | 19.05 | 26.16 | 10.66 | 51.65 | 31.94 | 8.57 | 41.7 | -0.07 | -40.0 | 63.16 | 26.09 | 10.6 | 52.93 | 0.04 | -43.84 | -9.91 |
| 22Q4 (13) | 44.22 | 59.87 | 151.25 | 12.0 | 29900.0 | 5614.29 | 0 | 0 | 0 | 0 | 0 | 0 | 53.75 | 17.05 | 118.32 | 3.25 | 4.5 | 108.33 | 29.6 | 17.74 | 108.6 | 18.14 | -3.27 | 17.31 | 31.03 | 19.48 | 44.53 | 0 | 0 | 0 | 0 | 0 | 0 | 0.09 | -18.18 | -47.06 | 4.91 | 0.0 | 0.0 | 5.54 | 0.0 | 9.06 | 0.25 | 0.0 | 19.05 | 23.64 | 16.22 | 58.55 | 29.42 | 12.59 | 45.64 | -0.05 | -350.0 | 80.0 | 23.59 | 15.86 | 60.91 | 0.07 | 8.63 | 23.81 |
| 22Q3 (12) | 27.66 | 41.77 | 28.41 | 0.04 | -33.33 | -88.89 | 0 | 0 | 0 | 0 | 0 | 0 | 45.92 | 31.46 | 82.15 | 3.11 | 59.49 | 157.02 | 25.14 | 16.12 | 145.03 | 18.75 | -1.81 | 63.16 | 25.97 | -1.55 | 79.47 | 0 | 0 | 0 | 0 | 0 | 0 | 0.11 | -8.33 | -45.0 | 4.91 | 0.0 | 0.0 | 5.54 | 0.0 | 9.06 | 0.25 | 0.0 | 19.05 | 20.34 | 17.98 | 52.93 | 26.13 | 13.51 | 40.56 | 0.02 | 116.67 | 108.33 | 20.36 | 18.93 | 55.9 | 0.07 | 15.98 | 22.4 |
| 22Q2 (11) | 19.51 | -0.71 | -6.74 | 0.06 | -98.28 | -84.62 | 0 | 0 | 0 | 0 | 0 | 0 | 34.93 | 22.05 | 57.77 | 1.95 | -16.67 | 137.8 | 21.65 | 41.04 | 85.04 | 19.10 | 25.13 | 36.9 | 26.38 | 20.35 | 58.15 | 0 | 0 | 0 | 0 | 0 | 0 | 0.12 | -20.0 | -47.83 | 4.91 | 0.0 | 0.0 | 5.54 | 9.06 | 9.06 | 0.25 | 19.05 | 19.05 | 17.24 | -0.06 | 42.72 | 23.02 | 2.13 | 32.53 | -0.12 | 36.84 | 47.83 | 17.12 | 0.35 | 44.47 | 0.06 | 27.32 | 11.51 |
| 22Q1 (10) | 19.65 | 11.65 | -15.08 | 3.48 | 1557.14 | 443.75 | 0 | 0 | 0 | 0 | 0 | 0 | 28.62 | 16.25 | 44.4 | 2.34 | 50.0 | 160.0 | 15.35 | 8.17 | 48.17 | 15.26 | -1.29 | 17.51 | 21.92 | 2.1 | 54.15 | 0 | 0 | 0 | 0 | 0 | 0 | 0.15 | -11.76 | -42.31 | 4.91 | 0.0 | 0.0 | 5.08 | 0.0 | 7.86 | 0.21 | 0.0 | 50.0 | 17.25 | 15.69 | 26.28 | 22.54 | 11.58 | 21.77 | -0.19 | 24.0 | 5.0 | 17.06 | 16.37 | 26.75 | 0.04 | -22.81 | 3.84 |
| 21Q4 (9) | 17.6 | -18.29 | -29.32 | 0.21 | -41.67 | -50.0 | 0 | 0 | 0 | 0 | 0 | 0 | 24.62 | -2.34 | 11.3 | 1.56 | 28.93 | 26.83 | 14.19 | 38.3 | 28.07 | 15.46 | 34.54 | 8.35 | 21.47 | 48.38 | 109.67 | 0 | 0 | 0 | 0 | 0 | 0 | 0.17 | -15.0 | -41.38 | 4.91 | 0.0 | 0.0 | 5.08 | 0.0 | 7.86 | 0.21 | 0.0 | 50.0 | 14.91 | 12.11 | 16.85 | 20.2 | 8.66 | 14.71 | -0.25 | -4.17 | -19.05 | 14.66 | 12.25 | 16.81 | 0.06 | 7.39 | 5.37 |
| 21Q3 (8) | 21.54 | 2.96 | -1.24 | 0.36 | -7.69 | -20.0 | 0 | 0 | 0 | 0 | 0 | 0 | 25.21 | 13.87 | 27.32 | 1.21 | 47.56 | 19.8 | 10.26 | -12.31 | 13.5 | 11.49 | -17.62 | -4.35 | 14.47 | -13.25 | 59.19 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | -13.04 | -37.5 | 4.91 | 0.0 | 0.0 | 5.08 | 0.0 | 7.86 | 0.21 | 0.0 | 50.0 | 13.3 | 10.1 | 15.05 | 18.59 | 7.02 | 13.28 | -0.24 | -4.35 | -33.33 | 13.06 | 10.21 | 14.76 | 0.05 | 5.66 | 7.15 |
| 21Q2 (7) | 20.92 | -9.59 | -17.25 | 0.39 | -39.06 | -22.0 | 0 | 0 | 0 | 0 | 0 | 0 | 22.14 | 11.71 | 22.73 | 0.82 | -8.89 | 20.59 | 11.7 | 12.93 | 58.11 | 13.95 | 7.41 | 0 | 16.68 | 17.3 | 69.51 | 0 | 0 | 0 | 0 | 0 | 0 | 0.23 | -11.54 | -32.35 | 4.91 | 0.0 | 0.0 | 5.08 | 7.86 | 7.86 | 0.21 | 50.0 | 50.0 | 12.08 | -11.57 | 14.5 | 17.37 | -6.16 | 12.79 | -0.23 | -15.0 | -43.75 | 11.85 | -11.96 | 14.05 | 0.05 | 18.57 | 7.81 |
| 21Q1 (6) | 23.14 | -7.07 | -7.85 | 0.64 | 52.38 | 178.26 | 0 | 0 | 0 | 0 | 0 | 0 | 19.82 | -10.4 | 11.98 | 0.9 | -26.83 | 5.88 | 10.36 | -6.5 | 67.91 | 12.99 | -8.98 | 0 | 14.22 | 38.87 | 61.59 | 0 | 0 | 0 | 0 | 0 | 0 | 0.26 | -10.34 | -29.73 | 4.91 | 0.0 | 0.0 | 4.71 | 0.0 | 9.79 | 0.14 | 0.0 | 27.27 | 13.66 | 7.05 | 6.14 | 18.51 | 5.11 | 7.18 | -0.2 | 4.76 | -42.86 | 13.46 | 7.25 | 5.73 | 0.04 | -21.68 | 7.86 |
| 20Q4 (5) | 24.9 | 14.17 | -5.47 | 0.42 | -6.67 | 162.5 | 0 | 0 | 0 | 0 | 0 | 0 | 22.12 | 11.72 | 12.23 | 1.23 | 21.78 | 16.04 | 11.08 | 22.57 | 51.99 | 14.27 | 18.76 | 0 | 10.24 | 12.65 | 31.62 | 0 | 0 | 0 | 0 | 0 | 0 | 0.29 | -9.38 | -25.64 | 4.91 | 0.0 | 0.0 | 4.71 | 0.0 | 9.79 | 0.14 | 0.0 | 27.27 | 12.76 | 10.38 | 6.07 | 17.61 | 7.31 | 7.18 | -0.21 | -16.67 | -50.0 | 12.55 | 10.28 | 5.55 | 0.05 | 9.2 | 7.99 |
| 20Q3 (4) | 21.81 | -13.73 | 0.0 | 0.45 | -10.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 19.8 | 9.76 | 0.0 | 1.01 | 48.53 | 0.0 | 9.04 | 22.16 | 0.0 | 12.01 | 0 | 0.0 | 9.09 | -7.62 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.32 | -5.88 | 0.0 | 4.91 | 0.0 | 0.0 | 4.71 | 0.0 | 0.0 | 0.14 | 0.0 | 0.0 | 11.56 | 9.57 | 0.0 | 16.41 | 6.56 | 0.0 | -0.18 | -12.5 | 0.0 | 11.38 | 9.53 | 0.0 | 0.05 | 6.31 | 0.0 |
