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) | 0.91 | 4.6 | 1.2 | 71.43 | 0 | 0 | 0 | 0 | 10.19 | -16.68 | 0.82 | -64.5 | 0.96 | 2.13 | 9.42 | 22.57 | 6.32 | -0.63 | 0.07 | -12.5 | 0.7 | 0 | 0.03 | -25.0 | 6.4 | 9.97 | 1.89 | 13.17 | 0.05 | -28.57 | 3.76 | -16.44 | 5.7 | -8.65 | -0.05 | 0 | 3.71 | -16.63 | 0.00 | 0 |
| 2022 (9) | 0.87 | -42.38 | 0.7 | 900.0 | 0.32 | 0.0 | 0 | 0 | 12.23 | 17.37 | 2.31 | 35.09 | 0.94 | -11.32 | 7.69 | -24.44 | 6.36 | 40.4 | 0.08 | 0.0 | 0 | 0 | 0.04 | -20.0 | 5.82 | 10.02 | 1.67 | 11.33 | 0.07 | 0.0 | 4.5 | 20.32 | 6.24 | 17.51 | -0.05 | 0 | 4.45 | 21.25 | 0.00 | 0 |
| 2021 (8) | 1.51 | 29.06 | 0.07 | -81.08 | 0.32 | 0.0 | 0 | 0 | 10.42 | 37.47 | 1.71 | 327.5 | 1.06 | 13.98 | 10.17 | -17.09 | 4.53 | 53.04 | 0.08 | 14.29 | 0.32 | -50.0 | 0.05 | 25.0 | 5.29 | 0.0 | 1.5 | 2.74 | 0.07 | -12.5 | 3.74 | 52.03 | 5.31 | 32.75 | -0.07 | 0 | 3.67 | 53.56 | 0.00 | 0 |
| 2020 (7) | 1.17 | -13.97 | 0.37 | -45.59 | 0.32 | 33.33 | 0 | 0 | 7.58 | -3.07 | 0.4 | -18.37 | 0.93 | 57.63 | 12.27 | 62.62 | 2.96 | -8.36 | 0.07 | -12.5 | 0.64 | -33.33 | 0.04 | 0.0 | 5.29 | 0.0 | 1.46 | 3.55 | 0.08 | 14.29 | 2.46 | -0.81 | 4.0 | 1.27 | -0.07 | 0 | 2.39 | -0.42 | 0.00 | 0 |
| 2019 (6) | 1.36 | 11.48 | 0.68 | 871.43 | 0.24 | -20.0 | 0 | 0 | 7.82 | -3.81 | 0.49 | -50.51 | 0.59 | -32.95 | 7.54 | -30.3 | 3.23 | -3.87 | 0.08 | 0.0 | 0.96 | -20.0 | 0.04 | -20.0 | 5.29 | 9.98 | 1.41 | 7.63 | 0.07 | 75.0 | 2.48 | -16.5 | 3.95 | -8.56 | -0.08 | 0 | 2.4 | -18.09 | 0.00 | 0 |
| 2018 (5) | 1.22 | -31.46 | 0.07 | -12.5 | 0.3 | -23.08 | 0 | 0 | 8.13 | 8.54 | 0.99 | 11.24 | 0.88 | 25.71 | 10.82 | 15.82 | 3.36 | 15.46 | 0.08 | -11.11 | 1.2 | 300.0 | 0.05 | 0 | 4.81 | 0.0 | 1.31 | 7.38 | 0.04 | 33.33 | 2.97 | 4.95 | 4.32 | 5.88 | -0.04 | 0 | 2.93 | 5.02 | 0.00 | 0 |
| 2017 (4) | 1.78 | -25.83 | 0.08 | 0.0 | 0.39 | 0.0 | 0 | 0 | 7.49 | -10.51 | 0.89 | -36.43 | 0.7 | 14.75 | 9.35 | 28.24 | 2.91 | 20.75 | 0.09 | 0.0 | 0.3 | -56.52 | 0 | 0 | 4.81 | 10.07 | 1.22 | 12.96 | 0.03 | 0 | 2.83 | -6.29 | 4.08 | -0.49 | -0.04 | 0 | 2.79 | -6.69 | 0.00 | 0 |
| 2016 (3) | 2.4 | 114.29 | 0.08 | 0.0 | 0.39 | 0 | 0 | 0 | 8.37 | 14.66 | 1.4 | 81.82 | 0.61 | -8.96 | 7.29 | -20.59 | 2.41 | -18.03 | 0.09 | -18.18 | 0.69 | -36.7 | 0.01 | 0.0 | 4.37 | 0.0 | 1.08 | 8.0 | 0 | 0 | 3.02 | 33.04 | 4.1 | 25.38 | -0.03 | 0 | 2.99 | 28.88 | 0.00 | 0 |
| 2015 (2) | 1.12 | 38.27 | 0.08 | -69.23 | 0 | 0 | 0 | 0 | 7.3 | -3.57 | 0.77 | -26.67 | 0.67 | 1.52 | 9.18 | 5.27 | 2.94 | -13.02 | 0.11 | 0.0 | 1.09 | -26.35 | 0.01 | 0.0 | 4.37 | 0.0 | 1.0 | 11.11 | 0 | 0 | 2.27 | -1.3 | 3.27 | 2.19 | 0.05 | -37.5 | 2.32 | -2.52 | 0.00 | 0 |
| 2014 (1) | 0.81 | -53.71 | 0.26 | 271.43 | 0 | 0 | 0 | 0 | 7.57 | 4.27 | 1.05 | 19.32 | 0.66 | 1.54 | 8.72 | -2.62 | 3.38 | 16.15 | 0.11 | 0.0 | 1.48 | 0 | 0.01 | -75.0 | 4.37 | 0.0 | 0.9 | 11.11 | 0 | 0 | 2.3 | 14.43 | 3.2 | 13.07 | 0.08 | 166.67 | 2.38 | 16.67 | 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) | 1.34 | -0.74 | -8.84 | 0.7 | 0.0 | -22.22 | 0 | 0 | -100.0 | 0 | 0 | 0 | 3.23 | 28.17 | 15.77 | 0.55 | 103.7 | 71.88 | 1.89 | 46.51 | 65.79 | 17.80 | 40.44 | 64.07 | 5.07 | -7.99 | -26.31 | 0.07 | 0.0 | -12.5 | 0.6 | -14.29 | -40.0 | 0.03 | 0.0 | 0.0 | 6.4 | 0.0 | 0.0 | 1.98 | 0.0 | 4.76 | 0.05 | 0.0 | 0.0 | 3.94 | 15.88 | 10.67 | 5.98 | 10.13 | 8.73 | 0.01 | 200.0 | 133.33 | 3.95 | 16.52 | 11.9 | 0.00 | 0 | 0 |
| 24Q2 (19) | 1.35 | 10.66 | 68.75 | 0.7 | -36.36 | -41.67 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.52 | 7.23 | 16.13 | 0.27 | 170.0 | 1250.0 | 1.29 | 19.44 | 61.25 | 12.67 | 15.34 | 80.26 | 5.51 | -5.16 | -19.56 | 0.07 | 0.0 | -12.5 | 0.7 | 0.0 | 0 | 0.03 | -25.0 | 0.0 | 6.4 | 0.0 | 0.0 | 1.98 | 4.76 | 4.76 | 0.05 | 0.0 | 0.0 | 3.4 | -11.92 | 4.94 | 5.43 | -6.38 | 4.83 | -0.01 | 66.67 | 85.71 | 3.39 | -11.49 | 6.94 | 0.00 | 0 | 0 |
| 24Q1 (18) | 1.22 | 34.07 | 34.07 | 1.1 | -8.33 | 0.0 | 0 | 0 | -100.0 | 0 | 0 | 0 | 2.35 | -6.75 | -13.28 | 0.1 | -9.09 | -72.97 | 1.08 | 12.5 | -7.69 | 10.99 | 16.62 | 16.16 | 5.81 | -8.07 | -12.37 | 0.07 | 0.0 | -12.5 | 0.7 | 0.0 | 0 | 0.04 | 33.33 | 0.0 | 6.4 | 0.0 | 9.97 | 1.89 | 0.0 | 13.17 | 0.05 | 0.0 | -28.57 | 3.86 | 2.66 | -20.74 | 5.8 | 1.75 | -12.25 | -0.03 | 40.0 | 0.0 | 3.83 | 3.23 | -20.87 | 0.00 | 0 | 0 |
| 23Q4 (17) | 0.91 | -38.1 | 4.6 | 1.2 | 33.33 | 71.43 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 2.52 | -9.68 | -11.27 | 0.11 | -65.62 | -76.6 | 0.96 | -15.79 | 2.13 | 9.42 | -13.14 | 22.57 | 6.32 | -8.14 | -0.63 | 0.07 | -12.5 | -12.5 | 0.7 | -30.0 | 0 | 0.03 | 0.0 | -25.0 | 6.4 | 0.0 | 9.97 | 1.89 | 0.0 | 13.17 | 0.05 | 0.0 | -28.57 | 3.76 | 5.62 | -16.44 | 5.7 | 3.64 | -8.65 | -0.05 | -66.67 | 0.0 | 3.71 | 5.1 | -16.63 | 0.00 | 0 | 0 |
| 23Q3 (16) | 1.47 | 83.75 | 42.72 | 0.9 | -25.0 | 2900.0 | 0.08 | -50.0 | -75.0 | 0 | 0 | 0 | 2.79 | 28.57 | -23.77 | 0.32 | 1500.0 | -63.22 | 1.14 | 42.5 | -35.96 | 10.85 | 54.3 | -24.74 | 6.88 | 0.44 | 14.29 | 0.08 | 0.0 | 0.0 | 1.0 | 0 | 1150.0 | 0.03 | 0.0 | -25.0 | 6.4 | 0.0 | 9.97 | 1.89 | 0.0 | 13.17 | 0.05 | 0.0 | -28.57 | 3.56 | 9.88 | -12.96 | 5.5 | 6.18 | -5.66 | -0.03 | 57.14 | 25.0 | 3.53 | 11.36 | -12.84 | 0.00 | 0 | 0 |
| 23Q2 (15) | 0.8 | -12.09 | -33.33 | 1.2 | 9.09 | 263.64 | 0.16 | -33.33 | -50.0 | 0 | 0 | 0 | 2.17 | -19.93 | -31.33 | 0.02 | -94.59 | -96.88 | 0.8 | -31.62 | -46.31 | 7.03 | -25.68 | -47.72 | 6.85 | 3.32 | 23.87 | 0.08 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0.03 | -25.0 | -40.0 | 6.4 | 9.97 | 9.97 | 1.89 | 13.17 | 13.17 | 0.05 | -28.57 | -28.57 | 3.24 | -33.47 | 0.62 | 5.18 | -21.63 | 4.44 | -0.07 | -133.33 | -40.0 | 3.17 | -34.5 | 0.0 | 0.00 | 0 | 0 |
| 23Q1 (14) | 0.91 | 4.6 | -22.88 | 1.1 | 57.14 | 233.33 | 0.24 | -25.0 | -25.0 | 0 | 0 | 0 | 2.71 | -4.58 | 5.45 | 0.37 | -21.28 | 12.12 | 1.17 | 24.47 | 5.41 | 9.46 | 23.06 | -8.14 | 6.63 | 4.25 | 32.07 | 0.08 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0.04 | 0.0 | 0.0 | 5.82 | 0.0 | 10.02 | 1.67 | 0.0 | 11.33 | 0.07 | 0.0 | 0.0 | 4.87 | 8.22 | 19.66 | 6.61 | 5.93 | 17.2 | -0.03 | 40.0 | 25.0 | 4.84 | 8.76 | 20.1 | 0.00 | 0 | 0 |
| 22Q4 (13) | 0.87 | -15.53 | -42.38 | 0.7 | 2233.33 | 900.0 | 0.32 | 0.0 | 0.0 | 0 | 0 | 0 | 2.84 | -22.4 | -4.05 | 0.47 | -45.98 | -22.95 | 0.94 | -47.19 | -11.32 | 7.69 | -46.67 | -24.44 | 6.36 | 5.65 | 40.4 | 0.08 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | 0.04 | 0.0 | -20.0 | 5.82 | 0.0 | 10.02 | 1.67 | 0.0 | 11.33 | 0.07 | 0.0 | 0.0 | 4.5 | 10.02 | 20.32 | 6.24 | 7.03 | 17.51 | -0.05 | -25.0 | 28.57 | 4.45 | 9.88 | 21.25 | 0.00 | 0 | 0 |
| 22Q3 (12) | 1.03 | -14.17 | -33.97 | 0.03 | -90.91 | -57.14 | 0.32 | 0.0 | 0.0 | 0 | 0 | 0 | 3.66 | 15.82 | 53.14 | 0.87 | 35.94 | 155.88 | 1.78 | 19.46 | 89.36 | 14.41 | 7.18 | 46.89 | 6.02 | 8.86 | 46.83 | 0.08 | 0.0 | 0.0 | 0.08 | -50.0 | -80.0 | 0.04 | -20.0 | 33.33 | 5.82 | 0.0 | 10.02 | 1.67 | 0.0 | 11.33 | 0.07 | 0.0 | 0.0 | 4.09 | 27.02 | 29.84 | 5.83 | 17.54 | 23.52 | -0.04 | 20.0 | 55.56 | 4.05 | 27.76 | 32.35 | 0.00 | 0 | 0 |
| 22Q2 (11) | 1.2 | 1.69 | -27.71 | 0.33 | 0.0 | 371.43 | 0.32 | 0.0 | 0.0 | 0 | 0 | 0 | 3.16 | 22.96 | 10.49 | 0.64 | 93.94 | 23.08 | 1.49 | 34.23 | 15.5 | 13.45 | 30.6 | -5.97 | 5.53 | 10.16 | 69.63 | 0.08 | 0.0 | 0.0 | 0.16 | -33.33 | -66.67 | 0.05 | 25.0 | 66.67 | 5.82 | 10.02 | 10.02 | 1.67 | 11.33 | 11.33 | 0.07 | 0.0 | 0.0 | 3.22 | -20.88 | 14.59 | 4.96 | -12.06 | 13.24 | -0.05 | -25.0 | 44.44 | 3.17 | -21.34 | 16.54 | 0.00 | 0 | 0 |
| 22Q1 (10) | 1.18 | -21.85 | -30.99 | 0.33 | 371.43 | -50.75 | 0.32 | 0.0 | 0.0 | 0 | 0 | 0 | 2.57 | -13.18 | 16.29 | 0.33 | -45.9 | 43.48 | 1.11 | 4.72 | 4.72 | 10.30 | 1.22 | -22.68 | 5.02 | 10.82 | 74.91 | 0.08 | 0.0 | -11.11 | 0.24 | -25.0 | -57.14 | 0.04 | -20.0 | 0.0 | 5.29 | 0.0 | 0.0 | 1.5 | 0.0 | 2.74 | 0.07 | 0.0 | -12.5 | 4.07 | 8.82 | 51.3 | 5.64 | 6.21 | 33.33 | -0.04 | 42.86 | 50.0 | 4.03 | 9.81 | 54.41 | 0.00 | 0 | 0 |
| 21Q4 (9) | 1.51 | -3.21 | 29.06 | 0.07 | 0.0 | -81.08 | 0.32 | 0.0 | 0.0 | 0 | 0 | 0 | 2.96 | 23.85 | 39.62 | 0.61 | 79.41 | 205.0 | 1.06 | 12.77 | 13.98 | 10.17 | 3.68 | -17.09 | 4.53 | 10.49 | 53.04 | 0.08 | 0.0 | 14.29 | 0.32 | -20.0 | -50.0 | 0.05 | 66.67 | 25.0 | 5.29 | 0.0 | 0.0 | 1.5 | 0.0 | 2.74 | 0.07 | 0.0 | -12.5 | 3.74 | 18.73 | 52.03 | 5.31 | 12.5 | 32.75 | -0.07 | 22.22 | 0.0 | 3.67 | 19.93 | 53.56 | 0.00 | 0 | 0 |
| 21Q3 (8) | 1.56 | -6.02 | 35.65 | 0.07 | 0.0 | -90.91 | 0.32 | 0.0 | 0.0 | 0 | 0 | 0 | 2.39 | -16.43 | 30.6 | 0.34 | -34.62 | 325.0 | 0.94 | -27.13 | 22.08 | 9.81 | -31.39 | -5.19 | 4.1 | 25.77 | 31.41 | 0.08 | 0.0 | 14.29 | 0.4 | -16.67 | -44.44 | 0.03 | 0.0 | -25.0 | 5.29 | 0.0 | 0.0 | 1.5 | 0.0 | 2.74 | 0.07 | 0.0 | -12.5 | 3.15 | 12.1 | 40.62 | 4.72 | 7.76 | 24.87 | -0.09 | 0.0 | 0.0 | 3.06 | 12.5 | 42.33 | 0.00 | 0 | 0 |
| 21Q2 (7) | 1.66 | -2.92 | 32.8 | 0.07 | -89.55 | -82.05 | 0.32 | 0.0 | 0.0 | 0 | 0 | 0 | 2.86 | 29.41 | 58.89 | 0.52 | 126.09 | 766.67 | 1.29 | 21.7 | 55.42 | 14.30 | 7.4 | 0 | 3.26 | 13.59 | 5.16 | 0.08 | -11.11 | 14.29 | 0.48 | -14.29 | -40.0 | 0.03 | -25.0 | -25.0 | 5.29 | 0.0 | 0.0 | 1.5 | 2.74 | 2.74 | 0.07 | -12.5 | -12.5 | 2.81 | 4.46 | 29.49 | 4.38 | 3.55 | 18.38 | -0.09 | -12.5 | 18.18 | 2.72 | 4.21 | 32.04 | 0.00 | 0 | 0 |
| 21Q1 (6) | 1.71 | 46.15 | 39.02 | 0.67 | 81.08 | 17.54 | 0.32 | 0.0 | 0.0 | 0 | 0 | 0 | 2.21 | 4.25 | 20.77 | 0.23 | 15.0 | 283.33 | 1.06 | 13.98 | 27.71 | 13.32 | 8.54 | 0 | 2.87 | -3.04 | -5.59 | 0.09 | 28.57 | 12.5 | 0.56 | -12.5 | -36.36 | 0.04 | 0.0 | 0.0 | 5.29 | 0.0 | 0.0 | 1.46 | 0.0 | 3.55 | 0.08 | 0.0 | 14.29 | 2.69 | 9.35 | 5.91 | 4.23 | 5.75 | 5.49 | -0.08 | -14.29 | 20.0 | 2.61 | 9.21 | 6.97 | 0.00 | 0 | 0 |
| 20Q4 (5) | 1.17 | 1.74 | -13.97 | 0.37 | -51.95 | -38.33 | 0.32 | 0.0 | 0 | 0 | 0 | 0 | 2.12 | 15.85 | 7.07 | 0.2 | 150.0 | 17.65 | 0.93 | 20.78 | 57.63 | 12.27 | 18.55 | 0 | 2.96 | -5.13 | -8.36 | 0.07 | 0.0 | -12.5 | 0.64 | -11.11 | -33.33 | 0.04 | 0.0 | 0.0 | 5.29 | 0.0 | 0.0 | 1.46 | 0.0 | 3.55 | 0.08 | 0.0 | 14.29 | 2.46 | 9.82 | -0.81 | 4.0 | 5.82 | 1.27 | -0.07 | 22.22 | 12.5 | 2.39 | 11.16 | -0.42 | 0.00 | 0 | 0 |
| 20Q3 (4) | 1.15 | -8.0 | 0.0 | 0.77 | 97.44 | 0.0 | 0.32 | 0.0 | 0.0 | 0 | 0 | 0.0 | 1.83 | 1.67 | 0.0 | 0.08 | 33.33 | 0.0 | 0.77 | -7.23 | 0.0 | 10.35 | 0 | 0.0 | 3.12 | 0.65 | 0.0 | 0.07 | 0.0 | 0.0 | 0.72 | -10.0 | 0.0 | 0.04 | 0.0 | 0.0 | 5.29 | 0.0 | 0.0 | 1.46 | 0.0 | 0.0 | 0.08 | 0.0 | 0.0 | 2.24 | 3.23 | 0.0 | 3.78 | 2.16 | 0.0 | -0.09 | 18.18 | 0.0 | 2.15 | 4.37 | 0.0 | 0.00 | 0 | 0.0 |
