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) | 7.45 | 26.06 | 4.7 | 2.17 | 0.1 | 0.0 | 0 | 0 | 14.61 | -3.25 | 0.28 | -56.25 | 2.13 | -35.06 | 14.58 | -32.88 | 5.34 | -12.6 | 0.01 | 0 | 0.2 | -31.03 | 0.71 | 26.79 | 5.1 | 0.0 | 0.68 | 11.48 | 0 | 0 | 1.77 | -3.28 | 2.45 | -4.67 | 0.05 | 25.0 | 1.82 | -2.67 | 0.14 | 9.57 |
| 2022 (9) | 5.91 | 10.88 | 4.6 | 13.02 | 0.1 | 0.0 | 0 | 0 | 15.1 | 15.44 | 0.64 | -40.74 | 3.28 | -13.68 | 21.72 | -25.23 | 6.11 | 15.72 | 0 | 0 | 0.29 | -25.64 | 0.56 | 0.0 | 5.1 | 0.0 | 0.61 | 19.61 | 0.13 | 18.18 | 1.83 | 1.1 | 2.57 | 5.76 | 0.04 | 0 | 1.87 | 11.31 | 0.13 | 2.52 |
| 2021 (8) | 5.33 | 37.73 | 4.07 | 14.01 | 0.1 | 0.0 | 0 | 0 | 13.08 | 9.09 | 1.08 | 40.26 | 3.8 | -15.56 | 29.05 | -22.59 | 5.28 | 71.43 | 0 | 0 | 0.39 | -20.41 | 0.56 | -1.75 | 5.1 | 0.0 | 0.51 | 18.6 | 0.11 | 57.14 | 1.81 | 35.07 | 2.43 | 31.35 | -0.13 | 0 | 1.68 | 36.59 | 0.12 | -15.33 |
| 2020 (7) | 3.87 | -3.01 | 3.57 | 9.17 | 0.1 | 0.0 | 0 | 0 | 11.99 | 1.61 | 0.77 | 42.59 | 4.5 | 28.21 | 37.53 | 26.17 | 3.08 | 0.0 | 0 | 0 | 0.49 | -16.95 | 0.57 | -41.84 | 5.1 | 0.0 | 0.43 | 13.16 | 0.07 | 40.0 | 1.34 | 31.37 | 1.85 | 27.59 | -0.11 | 0 | 1.23 | 29.47 | 0.15 | 9.78 |
| 2019 (6) | 3.99 | -5.45 | 3.27 | 3.15 | 0.1 | -9.09 | 0 | 0 | 11.8 | 1.2 | 0.54 | 50.0 | 3.51 | -0.85 | 29.75 | -2.02 | 3.08 | -13.73 | 0.68 | 0 | 0.59 | -15.71 | 0.98 | 0.0 | 5.1 | -1.54 | 0.38 | 8.57 | 0.05 | 25.0 | 1.02 | 9.68 | 1.45 | 10.69 | -0.07 | 0 | 0.95 | 7.95 | 0.13 | -16.62 |
| 2018 (5) | 4.22 | 16.25 | 3.17 | 8.56 | 0.11 | 10.0 | 0 | 0 | 11.66 | -4.58 | 0.36 | -53.25 | 3.54 | -22.88 | 30.36 | -19.17 | 3.57 | 28.42 | 0 | 0 | 0.7 | -12.5 | 0.98 | 2.08 | 5.18 | 0.0 | 0.35 | 29.63 | 0.04 | 0 | 0.93 | -25.0 | 1.31 | -13.25 | -0.05 | 0 | 0.88 | -26.67 | 0.16 | -3.29 |
| 2017 (4) | 3.63 | -33.52 | 2.92 | 21.16 | 0.1 | 0.0 | 0 | 0 | 12.22 | 37.92 | 0.77 | 48.08 | 4.59 | 17.09 | 37.56 | -15.1 | 2.78 | 9.45 | 0 | 0 | 0.8 | -10.11 | 0.96 | 1.05 | 5.18 | 0.0 | 0.27 | 22.73 | 0 | 0 | 1.24 | 22.77 | 1.51 | 22.76 | -0.04 | 0 | 1.2 | -1.64 | 0.17 | -7.68 |
| 2016 (3) | 5.46 | 83.22 | 2.41 | 904.17 | 0.1 | 66.67 | 0 | 0 | 8.86 | 7.26 | 0.52 | 10.64 | 3.92 | 66.81 | 44.24 | 55.51 | 2.54 | 18.14 | 0 | 0 | 0.89 | 394.44 | 0.95 | 0 | 5.18 | 0.0 | 0.22 | 29.41 | 0 | 0 | 1.01 | 6.32 | 1.23 | 8.85 | 0.21 | -44.74 | 1.22 | -8.27 | 0.18 | 0 |
| 2015 (2) | 2.98 | 59.36 | 0.24 | -80.0 | 0.06 | -53.85 | 0 | 0 | 8.26 | -6.14 | 0.47 | -49.46 | 2.35 | -28.57 | 28.45 | -23.9 | 2.15 | 16.85 | 0 | 0 | 0.18 | -25.0 | 0 | 0 | 5.18 | 13.35 | 0.17 | 112.5 | 0 | 0 | 0.95 | -18.1 | 1.13 | -8.13 | 0.38 | -9.52 | 1.33 | -15.82 | 0.00 | 0 |
| 2014 (1) | 1.87 | 8.09 | 1.2 | 172.73 | 0.13 | 44.44 | 0 | 0 | 8.8 | -19.56 | 0.93 | 78.85 | 3.29 | 64.5 | 37.39 | 104.5 | 1.84 | -1.6 | 0 | 0 | 0.24 | 242.86 | 0 | 0 | 4.57 | 0.0 | 0.08 | 166.67 | 0 | 0 | 1.16 | 56.76 | 1.23 | 61.84 | 0.42 | 13.51 | 1.58 | 42.34 | 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) | 5.43 | -9.2 | -15.16 | 4.1 | -4.65 | -8.89 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 3.5 | 0.29 | -5.91 | -0.09 | -212.5 | -181.82 | 2.67 | -12.46 | 1.52 | 19.25 | -11.07 | 11.55 | 5.24 | 2.75 | -14.8 | 0 | -100.0 | -100.0 | 0.12 | -20.0 | -47.83 | 0.68 | -1.45 | -5.56 | 5.1 | 0.0 | 0.0 | 0.71 | 0.0 | 4.41 | 0 | 0 | 0 | 1.49 | -5.7 | -14.86 | 2.2 | -3.93 | -9.47 | 0.22 | 83.33 | 144.44 | 1.71 | 0.59 | -7.07 | 0.15 | 6.09 | 9.51 |
| 24Q2 (19) | 5.98 | -13.71 | 17.03 | 4.3 | -4.44 | -2.27 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 3.49 | 7.06 | 2.35 | 0.08 | 300.0 | 700.0 | 3.05 | 18.22 | 5.54 | 21.65 | 17.55 | 14.0 | 5.1 | -2.67 | -18.53 | 0.01 | 0.0 | 0.0 | 0.15 | -16.67 | -37.5 | 0.69 | -1.43 | 23.21 | 5.1 | 0.0 | 0.0 | 0.71 | 4.41 | 4.41 | 0 | 0 | 0 | 1.58 | -11.73 | -3.66 | 2.29 | -7.29 | -1.29 | 0.12 | 20.0 | 500.0 | 1.7 | -10.05 | 2.41 | 0.14 | -5.5 | 8.37 |
| 24Q1 (18) | 6.93 | -6.98 | 13.42 | 4.5 | -4.26 | -4.26 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 3.26 | -9.94 | -15.32 | 0.02 | 100.0 | -85.71 | 2.58 | 21.13 | -16.77 | 18.42 | 26.23 | -8.46 | 5.24 | -1.87 | -15.62 | 0.01 | 0.0 | 0 | 0.18 | -10.0 | -33.33 | 0.7 | -1.41 | 25.0 | 5.1 | 0.0 | 0.0 | 0.68 | 0.0 | 11.48 | 0 | 0 | -100.0 | 1.79 | 1.13 | -9.6 | 2.47 | 0.82 | -9.19 | 0.1 | 100.0 | 100.0 | 1.89 | 3.85 | -6.9 | 0.15 | 6.24 | 9.07 |
| 23Q4 (17) | 7.45 | 16.41 | 26.06 | 4.7 | 4.44 | 2.17 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 3.62 | -2.69 | -15.02 | 0.01 | -90.91 | -94.12 | 2.13 | -19.01 | -35.06 | 14.59 | -15.46 | -32.88 | 5.34 | -13.17 | -12.6 | 0.01 | 0.0 | 0 | 0.2 | -13.04 | -31.03 | 0.71 | -1.39 | 26.79 | 5.1 | 0.0 | 0.0 | 0.68 | 0.0 | 11.48 | 0 | 0 | -100.0 | 1.77 | 1.14 | -3.28 | 2.45 | 0.82 | -4.67 | 0.05 | -44.44 | 25.0 | 1.82 | -1.09 | -2.67 | 0.14 | 2.82 | 9.57 |
| 23Q3 (16) | 6.4 | 25.24 | 19.4 | 4.5 | 2.27 | -4.26 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 3.72 | 9.09 | 0.54 | 0.11 | 1000.0 | -64.52 | 2.63 | -9.0 | -24.86 | 17.26 | -9.12 | -28.95 | 6.15 | -1.76 | -2.07 | 0.01 | 0.0 | 0 | 0.23 | -4.17 | -28.12 | 0.72 | 28.57 | 28.57 | 5.1 | 0.0 | 0.0 | 0.68 | 0.0 | 11.48 | 0 | 0 | -100.0 | 1.75 | 6.71 | 6.06 | 2.43 | 4.74 | 1.67 | 0.09 | 350.0 | 800.0 | 1.84 | 10.84 | 10.84 | 0.14 | 4.98 | 7.07 |
| 23Q2 (15) | 5.11 | -16.37 | 18.56 | 4.4 | -6.38 | 7.32 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 3.41 | -11.43 | -5.28 | 0.01 | -92.86 | 0 | 2.89 | -6.77 | -36.9 | 18.99 | -5.61 | -40.55 | 6.26 | 0.81 | 11.39 | 0.01 | 0 | 0 | 0.24 | -11.11 | -29.41 | 0.56 | 0.0 | 0.0 | 5.1 | 0.0 | 0.0 | 0.68 | 11.48 | 11.48 | 0 | -100.0 | -100.0 | 1.64 | -17.17 | 22.39 | 2.32 | -14.71 | 11.54 | 0.02 | -60.0 | 133.33 | 1.66 | -18.23 | 29.69 | 0.13 | -4.89 | 4.1 |
| 23Q1 (14) | 6.11 | 3.38 | 24.69 | 4.7 | 2.17 | 6.82 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 3.85 | -9.62 | 9.07 | 0.14 | -17.65 | -12.5 | 3.1 | -5.49 | -28.9 | 20.12 | -7.45 | -35.87 | 6.21 | 1.64 | 15.86 | 0 | 0 | 0 | 0.27 | -6.9 | -27.03 | 0.56 | 0.0 | 0.0 | 5.1 | 0.0 | 0.0 | 0.61 | 0.0 | 19.61 | 0.13 | 0.0 | 18.18 | 1.98 | 8.2 | 0.51 | 2.72 | 5.84 | 5.02 | 0.05 | 25.0 | 183.33 | 2.03 | 8.56 | 6.28 | 0.14 | 6.73 | 6.49 |
| 22Q4 (13) | 5.91 | 10.26 | 10.88 | 4.6 | -2.13 | 13.02 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 4.26 | 15.14 | 18.99 | 0.17 | -45.16 | -19.05 | 3.28 | -6.29 | -13.68 | 21.74 | -10.51 | -25.18 | 6.11 | -2.71 | 15.72 | 0 | 0 | 0 | 0.29 | -9.38 | -25.64 | 0.56 | 0.0 | 0.0 | 5.1 | 0.0 | 0.0 | 0.61 | 0.0 | 19.61 | 0.13 | 0.0 | 18.18 | 1.83 | 10.91 | 1.1 | 2.57 | 7.53 | 5.76 | 0.04 | 300.0 | 130.77 | 1.87 | 12.65 | 11.31 | 0.13 | 0.48 | 2.52 |
| 22Q3 (12) | 5.36 | 24.36 | 2.49 | 4.7 | 14.63 | 20.51 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 3.7 | 2.78 | 1.93 | 0.31 | 0 | -16.22 | 3.5 | -23.58 | -6.91 | 24.29 | -23.95 | -16.8 | 6.28 | 11.74 | 29.22 | 0 | 0 | 0 | 0.32 | -5.88 | -23.81 | 0.56 | 0.0 | -1.75 | 5.1 | 0.0 | 0.0 | 0.61 | 0.0 | 19.61 | 0.13 | 0.0 | 18.18 | 1.65 | 23.13 | 0.61 | 2.39 | 14.9 | 5.75 | 0.01 | 116.67 | 107.14 | 1.66 | 29.69 | 10.67 | 0.13 | 2.07 | 4.01 |
| 22Q2 (11) | 4.31 | -12.04 | -20.48 | 4.1 | -6.82 | 13.89 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 3.6 | 1.98 | 13.92 | 0 | -100.0 | -100.0 | 4.58 | 5.05 | 26.87 | 31.94 | 1.82 | 7.85 | 5.62 | 4.85 | 32.24 | 0 | 0 | 0 | 0.34 | -8.11 | -22.73 | 0.56 | 0.0 | -1.75 | 5.1 | 0.0 | 0.0 | 0.61 | 19.61 | 19.61 | 0.13 | 18.18 | 18.18 | 1.34 | -31.98 | 4.69 | 2.08 | -19.69 | 9.47 | -0.06 | 0.0 | 57.14 | 1.28 | -32.98 | 12.28 | 0.12 | -2.7 | 5.44 |
| 22Q1 (10) | 4.9 | -8.07 | -2.2 | 4.4 | 8.11 | 26.8 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 3.53 | -1.4 | 30.26 | 0.16 | -23.81 | -5.88 | 4.36 | 14.74 | 11.51 | 31.37 | 7.97 | -2.13 | 5.36 | 1.52 | 35.35 | 0 | 0 | 0 | 0.37 | -5.13 | -21.28 | 0.56 | 0.0 | -1.75 | 5.1 | 0.0 | 0.0 | 0.51 | 0.0 | 18.6 | 0.11 | 0.0 | 57.14 | 1.97 | 8.84 | 30.46 | 2.59 | 6.58 | 28.22 | -0.06 | 53.85 | 45.45 | 1.91 | 13.69 | 36.43 | 0.13 | 2.74 | -13.6 |
| 21Q4 (9) | 5.33 | 1.91 | 37.73 | 4.07 | 4.36 | 14.01 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 3.58 | -1.38 | 5.92 | 0.21 | -43.24 | -12.5 | 3.8 | 1.06 | -15.56 | 29.05 | -0.48 | -22.53 | 5.28 | 8.64 | 71.43 | 0 | 0 | 0 | 0.39 | -7.14 | -20.41 | 0.56 | -1.75 | -1.75 | 5.1 | 0.0 | 0.0 | 0.51 | 0.0 | 18.6 | 0.11 | 0.0 | 57.14 | 1.81 | 10.37 | 35.07 | 2.43 | 7.52 | 31.35 | -0.13 | 7.14 | -18.18 | 1.68 | 12.0 | 36.59 | 0.12 | 1.94 | -15.33 |
| 21Q3 (8) | 5.23 | -3.51 | 49.86 | 3.9 | 8.33 | 6.85 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 3.63 | 14.87 | 23.47 | 0.37 | 8.82 | 184.62 | 3.76 | 4.16 | -7.62 | 29.19 | -1.42 | -18.23 | 4.86 | 14.35 | 45.95 | 0 | 0 | 0 | 0.42 | -4.55 | -19.23 | 0.57 | 0.0 | -41.24 | 5.1 | 0.0 | 0.0 | 0.51 | 0.0 | 18.6 | 0.11 | 0.0 | 57.14 | 1.64 | 28.12 | 47.75 | 2.26 | 18.95 | 39.51 | -0.14 | 0.0 | -16.67 | 1.5 | 31.58 | 51.52 | 0.12 | 3.47 | -3.75 |
| 21Q2 (7) | 5.42 | 8.18 | 40.78 | 3.6 | 3.75 | 3.75 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 3.16 | 16.61 | -0.32 | 0.34 | 100.0 | -24.44 | 3.61 | -7.67 | -5.25 | 29.61 | -7.6 | 0 | 4.25 | 7.32 | 28.01 | 0 | 0 | -100.0 | 0.44 | -6.38 | -18.52 | 0.57 | 0.0 | -41.84 | 5.1 | 0.0 | 0.0 | 0.51 | 18.6 | 18.6 | 0.11 | 57.14 | 57.14 | 1.28 | -15.23 | 29.29 | 1.9 | -5.94 | 26.67 | -0.14 | -27.27 | -7.69 | 1.14 | -18.57 | 32.56 | 0.12 | -20.27 | -9.14 |
| 21Q1 (6) | 5.01 | 29.46 | 26.84 | 3.47 | -2.8 | 0.0 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 2.71 | -19.82 | 7.97 | 0.17 | -29.17 | 525.0 | 3.91 | -13.11 | 8.91 | 32.05 | -14.54 | 0 | 3.96 | 28.57 | 20.36 | 0 | 0 | -100.0 | 0.47 | -4.08 | -17.54 | 0.57 | 0.0 | -41.84 | 5.1 | 0.0 | 0.0 | 0.43 | 0.0 | 13.16 | 0.07 | 0.0 | 40.0 | 1.51 | 12.69 | 55.67 | 2.02 | 9.19 | 43.26 | -0.11 | 0.0 | 8.33 | 1.4 | 13.82 | 64.71 | 0.15 | 0.69 | 7.02 |
| 20Q4 (5) | 3.87 | 10.89 | -3.01 | 3.57 | -2.19 | 9.17 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0 | 3.38 | 14.97 | 21.58 | 0.24 | 84.62 | 242.86 | 4.5 | 10.57 | 28.21 | 37.50 | 5.04 | 0 | 3.08 | -7.51 | 0.0 | 0 | 0 | -100.0 | 0.49 | -5.77 | -16.95 | 0.57 | -41.24 | -41.84 | 5.1 | 0.0 | 0.0 | 0.43 | 0.0 | 13.16 | 0.07 | 0.0 | 40.0 | 1.34 | 20.72 | 31.37 | 1.85 | 14.2 | 27.59 | -0.11 | 8.33 | -57.14 | 1.23 | 24.24 | 29.47 | 0.15 | 15.87 | 9.78 |
| 20Q3 (4) | 3.49 | -9.35 | 0.0 | 3.65 | 5.19 | 0.0 | 0.1 | 0.0 | 0.0 | 0 | 0 | 0.0 | 2.94 | -7.26 | 0.0 | 0.13 | -71.11 | 0.0 | 4.07 | 6.82 | 0.0 | 35.70 | 0 | 0.0 | 3.33 | 0.3 | 0.0 | 0 | -100.0 | 0.0 | 0.52 | -3.7 | 0.0 | 0.97 | -1.02 | 0.0 | 5.1 | 0.0 | 0.0 | 0.43 | 0.0 | 0.0 | 0.07 | 0.0 | 0.0 | 1.11 | 12.12 | 0.0 | 1.62 | 8.0 | 0.0 | -0.12 | 7.69 | 0.0 | 0.99 | 15.12 | 0.0 | 0.13 | -2.33 | 0.0 |
