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) | 44.75 | -5.89 | 4.34 | -77.1 | 58.77 | 106.94 | 0 | 0 | 125.16 | -33.45 | -38.89 | 0 | 10.68 | -58.0 | 8.53 | -36.89 | 16.8 | -61.62 | 28.53 | -3.52 | 40.98 | -41.14 | 0.03 | 0.0 | 162.78 | 0.0 | 0.35 | 0 | 0 | 0 | -37.07 | 0 | -36.72 | 0 | -0.48 | 0 | -37.55 | 0 | 0.03 | -27.84 |
| 2022 (9) | 47.55 | -9.5 | 18.95 | 3690.0 | 28.4 | 16.63 | 0 | 0 | 188.08 | 31.51 | 9.94 | 0 | 25.43 | 21.27 | 13.52 | -7.78 | 43.77 | 64.92 | 29.57 | -3.21 | 69.62 | 7.47 | 0.03 | -40.0 | 162.78 | 0.0 | 0 | 0 | 0 | 0 | 3.55 | 0 | 3.55 | 0 | -3.45 | 0 | 0.1 | 0 | 0.04 | -15.57 |
| 2021 (8) | 52.54 | 6.03 | 0.5 | -97.84 | 24.35 | -54.63 | 0 | 0 | 143.02 | 14.32 | -12.88 | 0 | 20.97 | -8.27 | 14.66 | -19.76 | 26.54 | -24.54 | 30.55 | 4.73 | 64.78 | 26.62 | 0.05 | -92.86 | 162.78 | -38.92 | 0 | 0 | 0 | 0 | -14.61 | 0 | -14.61 | 0 | -6.67 | 0 | -21.28 | 0 | 0.04 | -13.15 |
| 2020 (7) | 49.55 | -22.23 | 23.2 | -22.38 | 53.67 | -6.19 | 0 | 0 | 125.11 | -31.03 | -61.39 | 0 | 22.86 | -11.26 | 18.27 | 28.66 | 35.17 | -28.88 | 29.17 | 36.95 | 51.16 | -56.56 | 0.7 | -39.13 | 266.51 | -0.01 | 0 | 0 | 0 | 0 | -115.81 | 0 | -115.81 | 0 | -8.02 | 0 | -123.83 | 0 | 0.05 | 43.94 |
| 2019 (6) | 63.71 | -33.33 | 29.89 | -56.49 | 57.21 | -42.15 | 0 | 0 | 181.39 | 38.08 | -56.86 | 0 | 25.76 | -17.83 | 14.20 | -40.49 | 49.45 | 46.09 | 21.3 | -10.16 | 117.77 | 23.59 | 1.15 | -43.35 | 266.53 | 5.94 | 0 | 0 | 0 | 0 | -60.01 | 0 | -60.01 | 0 | -0.31 | 0 | -60.32 | 0 | 0.04 | 4.53 |
| 2018 (5) | 95.56 | 115.66 | 68.7 | -16.51 | 98.9 | 218.93 | 0 | 0 | 131.37 | 28.19 | -5.77 | 0 | 31.35 | 88.18 | 23.86 | 46.79 | 33.85 | 13.86 | 23.71 | 25.58 | 95.29 | 70.68 | 2.03 | -22.22 | 251.58 | 146.82 | 0 | 0 | 0 | 0 | -6.76 | 0 | -6.76 | 0 | -8.75 | 0 | -15.51 | 0 | 0.03 | 49.11 |
| 2017 (4) | 44.31 | -44.66 | 82.29 | 9.11 | 31.01 | 116.7 | 0 | 0 | 102.48 | -38.03 | -41.54 | 0 | 16.66 | -40.09 | 16.26 | -3.33 | 29.73 | -39.12 | 18.88 | -7.0 | 55.83 | -18.26 | 2.61 | -17.14 | 101.93 | 0.17 | 0 | 0 | 0 | 0 | -46.12 | 0 | -46.12 | 0 | -5.3 | 0 | -51.42 | 0 | 0.02 | -38.48 |
| 2016 (3) | 80.07 | -5.79 | 75.42 | 16.95 | 14.31 | -20.32 | 0 | 0 | 165.37 | -25.56 | -63.1 | 0 | 27.81 | -44.99 | 16.82 | -26.1 | 48.83 | 14.81 | 20.3 | 2975.76 | 68.3 | 35.25 | 3.15 | -49.19 | 101.76 | 18.57 | 0 | 0 | 0 | 0 | -63.1 | 0 | -63.1 | 0 | -1.49 | 0 | -64.59 | 0 | 0.04 | 25.5 |
| 2015 (2) | 84.99 | -2.56 | 64.49 | 112.21 | 17.96 | -3.91 | 0 | 0 | 222.14 | -19.46 | -14.56 | 0 | 50.55 | -3.46 | 22.76 | 19.86 | 42.53 | 108.07 | 0.66 | -7.04 | 50.5 | -8.86 | 6.2 | 16.1 | 85.82 | 0.22 | 0.69 | 43.75 | 0 | 0 | -12.38 | 0 | -11.69 | 0 | 1.32 | 247.37 | -11.06 | 0 | 0.03 | 37.11 |
| 2014 (1) | 87.22 | 36.86 | 30.39 | 11.2 | 18.69 | 6.31 | 0 | 0 | 275.8 | 37.32 | 2.19 | -56.37 | 52.36 | 19.03 | 18.98 | -13.32 | 20.44 | 34.39 | 0.71 | 0 | 55.41 | 5.38 | 5.34 | -4.3 | 85.63 | 10.21 | 0.48 | 0 | 0.19 | 0 | 3.92 | -17.65 | 4.58 | -3.78 | 0.38 | 0 | 4.3 | 10.54 | 0.02 | 16.66 |
| 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) | 60.92 | -7.92 | 29.76 | 0.24 | -71.43 | -96.53 | 62.66 | 1.67 | 122.44 | 0 | 0 | 0 | 13.32 | -2.77 | -49.35 | -8.04 | 4.51 | 41.23 | 8.06 | 27.13 | -25.23 | 12.52 | 52.76 | 82.84 | 11.47 | -9.4 | -50.9 | 28.0 | -0.21 | -2.74 | 59.02 | -5.37 | -9.87 | 0.49 | 2.08 | 1533.33 | 162.78 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | -55.92 | -17.28 | -261.01 | -55.92 | -17.28 | -269.35 | 7.07 | 336.42 | 1171.21 | -48.85 | -6.06 | -202.48 | 0.02 | -7.51 | -43.22 |
| 24Q2 (19) | 66.16 | 5.33 | 15.83 | 0.84 | -50.59 | -89.16 | 61.63 | 0.44 | 98.17 | 0 | 0 | 0 | 13.7 | -8.12 | -53.75 | -8.42 | -207.3 | -107.9 | 6.34 | -13.62 | -30.63 | 8.19 | 4.15 | 60.14 | 12.66 | -13.35 | -64.51 | 28.06 | -0.5 | -3.07 | 62.37 | 30.62 | -6.11 | 0.48 | 1500.0 | 1500.0 | 162.78 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | -47.68 | -19.71 | -2534.25 | -47.68 | -20.8 | -3165.75 | 1.62 | 200.0 | 307.69 | -46.06 | -17.23 | -1678.38 | 0.03 | -6.59 | -31.34 |
| 24Q1 (18) | 62.81 | 40.36 | 27.64 | 1.7 | -60.83 | -83.54 | 61.36 | 4.41 | 100.33 | 0 | 0 | 0 | 14.91 | -33.62 | -68.12 | -2.74 | 87.3 | -737.21 | 7.34 | -31.27 | -63.15 | 7.87 | -7.8 | -25.73 | 14.61 | -13.04 | -63.14 | 28.2 | -1.16 | -3.59 | 47.75 | 16.52 | -28.86 | 0.03 | 0.0 | -25.0 | 162.78 | 0.0 | 0.0 | 0.35 | 0.0 | 0 | 0 | 0 | 0 | -39.83 | -7.45 | -1699.6 | -39.47 | -7.49 | -1685.14 | 0.54 | 212.5 | 130.86 | -39.29 | -4.63 | -5409.46 | 0.03 | 2.45 | -23.73 |
| 23Q4 (17) | 44.75 | -4.69 | -5.89 | 4.34 | -37.28 | -77.1 | 58.77 | 108.63 | 106.94 | 0 | 0 | 0 | 22.46 | -14.6 | -58.99 | -21.58 | -57.75 | -8400.0 | 10.68 | -0.93 | -58.0 | 8.53 | 24.65 | -36.88 | 16.8 | -28.08 | -61.62 | 28.53 | -0.9 | -3.52 | 40.98 | -37.42 | -41.14 | 0.03 | 0.0 | 0.0 | 162.78 | 0.0 | 0.0 | 0.35 | 0.0 | 0 | 0 | 0 | 0 | -37.07 | -139.32 | -1144.23 | -36.72 | -142.54 | -1134.37 | -0.48 | 27.27 | 86.09 | -37.55 | -132.51 | -37650.0 | 0.03 | -35.86 | -27.84 |
| 23Q3 (16) | 46.95 | -17.8 | 26.93 | 6.92 | -10.71 | -59.05 | 28.17 | -9.42 | 10.47 | 0 | 0 | 0 | 26.3 | -11.21 | -44.58 | -13.68 | -237.78 | -808.81 | 10.78 | 17.94 | -61.84 | 6.85 | 33.79 | -57.7 | 23.36 | -34.51 | -37.76 | 28.79 | -0.55 | -3.26 | 65.48 | -1.43 | 8.93 | 0.03 | 0.0 | -25.0 | 162.78 | 0.0 | 0.0 | 0.35 | 0.0 | 0 | 0 | 0 | 0 | -15.49 | -755.8 | -572.26 | -15.14 | -936.99 | -561.59 | -0.66 | 15.38 | 84.06 | -16.15 | -523.55 | -1777.91 | 0.04 | 11.85 | -4.7 |
| 23Q2 (15) | 57.12 | 16.07 | 43.7 | 7.75 | -24.98 | 132.04 | 31.1 | 1.53 | 31.61 | 0 | 0 | 0 | 29.62 | -36.67 | -24.11 | -4.05 | -1041.86 | -332.76 | 9.14 | -54.12 | -63.34 | 5.12 | -51.7 | -66.72 | 35.67 | -10.02 | 15.14 | 28.95 | -1.03 | -3.85 | 66.43 | -1.03 | 8.55 | 0.03 | -25.0 | -25.0 | 162.78 | 0.0 | 0.0 | 0.35 | 0 | 0 | 0 | 0 | 0 | -1.81 | -172.69 | -234.07 | -1.46 | -158.63 | -208.15 | -0.78 | 55.43 | 85.37 | -2.59 | -450.0 | 34.92 | 0.04 | 3.77 | -11.87 |
| 23Q1 (14) | 49.21 | 3.49 | 3.47 | 10.33 | -45.49 | 235.39 | 30.63 | 7.85 | 29.02 | 0 | 0 | 0 | 46.77 | -14.61 | -0.11 | 0.43 | 65.38 | -92.83 | 19.92 | -21.67 | -8.62 | 10.59 | -21.65 | -22.34 | 39.64 | -9.44 | 33.83 | 29.25 | -1.08 | -3.62 | 67.12 | -3.59 | 10.23 | 0.04 | 33.33 | -20.0 | 162.78 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.49 | -29.86 | 128.92 | 2.49 | -29.86 | 128.92 | -1.75 | 49.28 | 65.82 | 0.74 | 640.0 | 105.39 | 0.04 | -3.08 | -13.9 |
| 22Q4 (13) | 47.55 | 28.55 | -9.5 | 18.95 | 12.13 | 3690.0 | 28.4 | 11.37 | 16.63 | 0 | 0 | 0 | 54.77 | 15.4 | 32.81 | 0.26 | -86.53 | 105.91 | 25.43 | -9.98 | 21.27 | 13.52 | -16.46 | -7.78 | 43.77 | 16.63 | 64.92 | 29.57 | -0.64 | -3.21 | 69.62 | 15.82 | 7.47 | 0.03 | -25.0 | -40.0 | 162.78 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.55 | 8.23 | 124.3 | 3.55 | 8.23 | 124.3 | -3.45 | 16.67 | 48.28 | 0.1 | 111.63 | 100.47 | 0.04 | -15.28 | -15.57 |
| 22Q3 (12) | 36.99 | -6.94 | -19.83 | 16.9 | 405.99 | -47.6 | 25.5 | 7.91 | -19.2 | 0 | 0 | 0 | 47.46 | 21.6 | 35.45 | 1.93 | 10.92 | 312.09 | 28.25 | 13.32 | 13.32 | 16.18 | 5.25 | -16.29 | 37.53 | 21.14 | -0.53 | 29.76 | -1.16 | -4.0 | 60.11 | -1.78 | 53.58 | 0.04 | 0.0 | -20.0 | 162.78 | 0.0 | 7.95 | 0 | 0 | 0 | 0 | 0 | 0 | 3.28 | 142.96 | 132.13 | 3.28 | 142.96 | 132.13 | -4.14 | 22.33 | 29.83 | -0.86 | 78.39 | 94.66 | 0.04 | 3.43 | -13.83 |
| 22Q2 (11) | 39.75 | -16.42 | -32.67 | 3.34 | 8.44 | -86.6 | 23.63 | -0.46 | -50.82 | 0 | 0 | 0 | 39.03 | -16.64 | 6.35 | 1.74 | -71.0 | 177.33 | 24.93 | 14.36 | -0.44 | 15.38 | 12.71 | -20.75 | 30.98 | 4.59 | -15.52 | 30.11 | -0.79 | -3.68 | 61.2 | 0.51 | 41.8 | 0.04 | -20.0 | 100.0 | 162.78 | 0.0 | 7.95 | 0 | 0 | 0 | 0 | 0 | 0 | 1.35 | 115.68 | 114.5 | 1.35 | 115.68 | 114.5 | -5.33 | -4.1 | 14.86 | -3.98 | 71.01 | 74.44 | 0.04 | 1.38 | -17.33 |
| 22Q1 (10) | 47.56 | -9.48 | -3.02 | 3.08 | 516.0 | -86.38 | 23.74 | -2.51 | -47.58 | 0 | 0 | 0 | 46.82 | 13.53 | 55.81 | 6.0 | 236.36 | 212.57 | 21.8 | 3.96 | -15.08 | 13.64 | -6.95 | -33.42 | 29.62 | 11.61 | -9.56 | 30.35 | -0.65 | 5.49 | 60.89 | -6.0 | 35.13 | 0.05 | 0.0 | 66.67 | 162.78 | 0.0 | -38.92 | 0 | 0 | 0 | 0 | 0 | 0 | -8.61 | 41.07 | 92.89 | -8.61 | 41.07 | 92.89 | -5.12 | 23.24 | 39.98 | -13.73 | 35.48 | 89.41 | 0.04 | -4.96 | -19.68 |
| 21Q4 (9) | 52.54 | 13.87 | 6.03 | 0.5 | -98.45 | -97.84 | 24.35 | -22.85 | -54.63 | 0 | 0 | 0 | 41.24 | 17.69 | 51.84 | -4.4 | -383.52 | 91.09 | 20.97 | -15.88 | -8.27 | 14.66 | -24.16 | -19.76 | 26.54 | -29.66 | -24.54 | 30.55 | -1.45 | 4.73 | 64.78 | 65.51 | 26.62 | 0.05 | 0.0 | -92.86 | 162.78 | 7.95 | -38.92 | 0 | 0 | 0 | 0 | 0 | 0 | -14.61 | -43.1 | 87.38 | -14.61 | -43.1 | 87.38 | -6.67 | -13.05 | 16.83 | -21.28 | -32.09 | 82.82 | 0.04 | -13.53 | -13.15 |
| 21Q3 (8) | 46.14 | -21.85 | 0.57 | 32.25 | 29.36 | 20.61 | 31.56 | -34.32 | -40.81 | 0 | 0 | 0 | 35.04 | -4.52 | -0.31 | -0.91 | 59.56 | -164.08 | 24.93 | -0.44 | -15.2 | 19.33 | -0.35 | -10.07 | 37.73 | 2.89 | 2.39 | 31.0 | -0.83 | 1397.58 | 39.14 | -9.31 | -42.69 | 0.05 | 150.0 | -95.24 | 150.79 | 0.0 | -43.42 | 0 | 0 | 0 | 0 | 0 | 0 | -10.21 | -9.67 | 84.82 | -10.21 | -9.67 | 84.82 | -5.9 | 5.75 | 38.41 | -16.11 | -3.47 | 79.03 | 0.05 | -0.78 | 25.13 |
| 21Q2 (7) | 59.04 | 20.39 | 15.0 | 24.93 | 10.21 | -23.57 | 48.05 | 6.09 | -14.35 | 0 | 0 | 0 | 36.7 | 22.13 | 11.45 | -2.25 | 57.79 | 64.9 | 25.04 | -2.45 | -4.75 | 19.40 | -5.3 | 0 | 36.67 | 11.97 | -9.7 | 31.26 | 8.65 | 323.0 | 43.16 | -4.22 | -49.23 | 0.02 | -33.33 | -98.17 | 150.79 | -43.42 | -43.41 | 0 | 0 | 0 | 0 | 0 | 0 | -9.31 | 92.31 | 87.1 | -9.31 | 92.31 | 87.1 | -6.26 | 26.61 | -7.93 | -15.57 | 87.99 | 80.03 | 0.05 | -1.5 | 37.55 |
| 21Q1 (6) | 49.04 | -1.03 | 0.0 | 22.62 | -2.5 | -14.9 | 45.29 | -15.61 | -20.56 | 0 | 0 | 0 | 30.05 | 10.64 | 0.6 | -5.33 | 89.21 | 23.86 | 25.67 | 12.29 | 3.8 | 20.49 | 12.13 | 0 | 32.75 | -6.88 | -30.07 | 28.77 | -1.37 | 286.69 | 45.06 | -11.92 | -53.86 | 0.03 | -95.71 | -97.37 | 266.5 | -0.0 | -0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -121.14 | -4.6 | -80.78 | -121.14 | -4.6 | -80.78 | -8.53 | -6.36 | 13.58 | -129.67 | -4.72 | -68.67 | 0.05 | 2.77 | 37.9 |
| 20Q4 (5) | 49.55 | 8.0 | -22.23 | 23.2 | -13.24 | -22.38 | 53.67 | 0.66 | -6.19 | 0 | 0 | 0 | 27.16 | -22.73 | -30.0 | -49.41 | -3579.58 | -65.86 | 22.86 | -22.24 | -11.26 | 18.27 | -15.01 | 0 | 35.17 | -4.56 | -28.88 | 29.17 | 1309.18 | 36.95 | 51.16 | -25.08 | -56.56 | 0.7 | -33.33 | -39.13 | 266.51 | -0.01 | -0.01 | 0 | 0 | 0 | 0 | 0 | 0 | -115.81 | -72.21 | -92.98 | -115.81 | -72.21 | -92.98 | -8.02 | 16.28 | -2487.1 | -123.83 | -61.17 | -105.29 | 0.05 | 24.57 | 43.94 |
| 20Q3 (4) | 45.88 | -10.63 | 0.0 | 26.74 | -18.03 | 0.0 | 53.32 | -4.96 | 0.0 | 0 | 0 | 0.0 | 35.15 | 6.74 | 0.0 | 1.42 | 122.15 | 0.0 | 29.4 | 11.83 | 0.0 | 21.50 | 0 | 0.0 | 36.85 | -9.26 | 0.0 | 2.07 | -71.99 | 0.0 | 68.29 | -19.67 | 0.0 | 1.05 | -3.67 | 0.0 | 266.53 | 0.02 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | -67.25 | 6.83 | 0.0 | -67.25 | 6.83 | 0.0 | -9.58 | -65.17 | 0.0 | -76.83 | 1.47 | 0.0 | 0.04 | 9.07 | 0.0 |
