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) | 19.95 | 20.76 | 3.97 | 390.12 | 2.01 | -54.11 | 0 | 0 | 48.09 | 21.01 | 6.86 | 9.41 | 12.52 | -1.96 | 26.03 | -18.98 | 0 | 0 | 1.2 | 1.69 | 9.44 | -29.6 | 0.05 | -16.67 | 6.63 | 6.42 | 3.79 | 19.94 | 0.21 | -60.38 | 15.65 | 21.88 | 19.65 | 18.87 | -0.86 | 0 | 14.79 | 17.1 | 0.00 | 0 |
| 2022 (9) | 16.52 | -2.02 | 0.81 | 1057.14 | 4.38 | 415.29 | 0 | 0 | 39.74 | 18.24 | 6.27 | 6.81 | 12.77 | 57.46 | 32.13 | 33.17 | 0 | 0 | 1.18 | 0.0 | 13.41 | 54.67 | 0.06 | -14.29 | 6.23 | 0.0 | 3.16 | 22.96 | 0.53 | 26.19 | 12.84 | 50.88 | 16.53 | 43.74 | -0.21 | 0 | 12.63 | 58.27 | 0.00 | -7.9 |
| 2021 (8) | 16.86 | 41.09 | 0.07 | 0 | 0.85 | 1.19 | 0 | 0 | 33.61 | 9.76 | 5.87 | 52.47 | 8.11 | -2.99 | 24.13 | -11.62 | 0 | 0 | 1.18 | 29.67 | 8.67 | 37.84 | 0.07 | 16.67 | 6.23 | 0.0 | 2.57 | 17.35 | 0.42 | -39.13 | 8.51 | 53.06 | 11.5 | 36.26 | -0.53 | 0 | 7.98 | 55.25 | 0.00 | 0 |
| 2020 (7) | 11.95 | 6.41 | 0 | 0 | 0.84 | -52.27 | 0 | 0 | 30.62 | 20.5 | 3.85 | 56.5 | 8.36 | 13.43 | 27.30 | -5.87 | 0 | 0 | 0.91 | 167.65 | 6.29 | 20.5 | 0.06 | 20.0 | 6.23 | 0.0 | 2.19 | 12.89 | 0.69 | 187.5 | 5.56 | 29.91 | 8.44 | 30.65 | -0.42 | 0 | 5.14 | 43.18 | 0.00 | 0 |
| 2019 (6) | 11.23 | -4.67 | 1.36 | 0 | 1.76 | 47.9 | 0 | 0 | 25.41 | 22.1 | 2.46 | -4.28 | 7.37 | 27.51 | 29.00 | 4.43 | 0 | 0 | 0.34 | 0 | 5.22 | 58.66 | 0.05 | 66.67 | 6.23 | 0.0 | 1.94 | 15.48 | 0.24 | 380.0 | 4.28 | 3.63 | 6.46 | 10.24 | -0.69 | 0 | 3.59 | -7.71 | 0.00 | 0 |
| 2018 (5) | 11.78 | 18.15 | 0 | 0 | 1.19 | 77.61 | 0 | 0 | 20.81 | 22.12 | 2.57 | 19.53 | 5.78 | 20.92 | 27.78 | -0.99 | 0 | 0 | 0 | 0 | 3.29 | 89.08 | 0.03 | -50.0 | 6.23 | 0.0 | 1.68 | 14.29 | 0.05 | -50.0 | 4.13 | 25.15 | 5.86 | 20.33 | -0.24 | 0 | 3.89 | 19.69 | 0.00 | 0 |
| 2017 (4) | 9.97 | 45.12 | 0.1 | -77.27 | 0.67 | 97.06 | 0 | 0 | 17.04 | 16.87 | 2.15 | -6.52 | 4.78 | 9.13 | 28.05 | -6.62 | 0 | 0 | 0 | 0 | 1.74 | 46.22 | 0.06 | 100.0 | 6.23 | 16.89 | 1.47 | 18.55 | 0.1 | 400.0 | 3.3 | -1.2 | 4.87 | 5.87 | -0.05 | 0 | 3.25 | 0.31 | 0.00 | 0 |
| 2016 (3) | 6.87 | 166.28 | 0.44 | -56.0 | 0.34 | 0 | 0 | 0 | 14.58 | 30.18 | 2.3 | 29.21 | 4.38 | 17.74 | 30.04 | -9.55 | 0 | 0 | 0 | 0 | 1.19 | 0 | 0.03 | 0.0 | 5.33 | 15.12 | 1.24 | 16.98 | 0.02 | 0.0 | 3.34 | 28.96 | 4.6 | 25.34 | -0.1 | 0 | 3.24 | 20.9 | 0.00 | 0 |
| 2015 (2) | 2.58 | -47.88 | 1.0 | 0 | 0 | 0 | 0 | 0 | 11.2 | 6.06 | 1.78 | -15.24 | 3.72 | 19.23 | 33.21 | 12.42 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | -40.0 | 4.63 | 0.0 | 1.06 | 24.71 | 0.02 | 0.0 | 2.59 | -1.89 | 3.67 | 4.26 | 0.09 | -35.71 | 2.68 | -3.6 | 0.00 | 0 |
| 2014 (1) | 4.95 | 32.0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.56 | 10.23 | 2.1 | -4.98 | 3.12 | 49.28 | 29.55 | 35.43 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 | 66.67 | 4.63 | 7.42 | 0.85 | 34.92 | 0.02 | 0.0 | 2.64 | 0.76 | 3.52 | 7.32 | 0.14 | 100.0 | 2.78 | 3.35 | 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) | 17.55 | -12.43 | 11.43 | 7.25 | 449.24 | 260.7 | 2.91 | 6.2 | 59.02 | 0 | 0 | 0 | 13.45 | 5.99 | 10.07 | 1.91 | -12.79 | 10.4 | 13.89 | 11.03 | 12.2 | 27.49 | 8.33 | 4.74 | 0 | 0 | 0 | 1.25 | 1.63 | 5.93 | 9.54 | 3.36 | -0.31 | 0.06 | 20.0 | 0.0 | 6.7 | 0.15 | 1.06 | 4.47 | 0.0 | 17.94 | 0.86 | 0.0 | 309.52 | 14.55 | 15.11 | 3.12 | 19.87 | 10.57 | 9.72 | 0.73 | 1316.67 | 484.21 | 15.28 | 21.46 | 9.77 | 0.00 | 0 | 0 |
| 24Q2 (19) | 20.04 | -6.09 | 17.33 | 1.32 | -8.33 | 22.22 | 2.74 | 1.11 | -3.86 | 0 | 0 | 0 | 12.69 | 5.22 | 4.53 | 2.19 | 57.55 | 5.8 | 12.51 | 6.29 | 0.4 | 25.38 | 5.1 | -7.4 | 0 | 0 | 0 | 1.23 | 0.82 | 6.96 | 9.23 | -8.52 | -27.72 | 0.05 | 0.0 | -16.67 | 6.69 | 0.3 | 7.38 | 4.47 | 17.94 | 17.94 | 0.86 | 309.52 | 309.52 | 12.64 | 7.3 | 2.1 | 17.97 | 13.88 | 9.71 | -0.06 | 76.92 | 94.55 | 12.58 | 9.2 | 11.52 | 0.00 | 0 | 0 |
| 24Q1 (18) | 21.34 | 6.97 | 31.24 | 1.44 | -63.73 | 19.01 | 2.71 | 34.83 | -48.67 | 0 | 0 | 0 | 12.06 | -2.11 | 5.7 | 1.39 | -10.32 | -7.95 | 11.77 | -5.99 | -3.6 | 24.15 | -7.24 | -16.5 | 0 | 0 | 0 | 1.22 | 1.67 | 2.52 | 10.09 | 6.89 | -15.35 | 0.05 | 0.0 | 0.0 | 6.67 | 0.6 | 7.06 | 3.79 | 0.0 | 19.94 | 0.21 | 0.0 | -60.38 | 11.78 | -24.73 | 10.92 | 15.78 | -19.69 | 10.27 | -0.26 | 69.77 | -160.0 | 11.52 | -22.11 | 9.51 | 0.00 | 0 | 0 |
| 23Q4 (17) | 19.95 | 26.67 | 20.76 | 3.97 | 97.51 | 390.12 | 2.01 | 9.84 | -54.11 | 0 | 0 | 0 | 12.32 | 0.82 | 8.17 | 1.55 | -10.4 | -27.91 | 12.52 | 1.13 | -1.96 | 26.03 | -0.82 | -18.96 | 0 | 0 | 0 | 1.2 | 1.69 | 1.69 | 9.44 | -1.36 | -29.6 | 0.05 | -16.67 | -16.67 | 6.63 | 0.0 | 6.42 | 3.79 | 0.0 | 19.94 | 0.21 | 0.0 | -60.38 | 15.65 | 10.91 | 21.88 | 19.65 | 8.5 | 18.87 | -0.86 | -352.63 | -309.52 | 14.79 | 6.25 | 17.1 | 0.00 | 0 | -100.0 |
| 23Q3 (16) | 15.75 | -7.79 | -0.94 | 2.01 | 86.11 | 214.06 | 1.83 | -35.79 | -41.72 | 0 | 0 | 0 | 12.22 | 0.66 | 16.16 | 1.73 | -16.43 | -5.46 | 12.38 | -0.64 | 9.56 | 26.25 | -4.22 | -12.88 | 0 | 0 | 0 | 1.18 | 2.61 | -2.48 | 9.57 | -25.06 | -32.79 | 0.06 | 0.0 | 20.0 | 6.63 | 6.42 | 6.42 | 3.79 | 0.0 | 19.94 | 0.21 | 0.0 | -60.38 | 14.11 | 13.97 | 31.99 | 18.11 | 10.56 | 25.94 | -0.19 | 82.73 | -337.5 | 13.92 | 23.4 | 29.25 | 0.00 | 0 | -100.0 |
| 23Q2 (15) | 17.08 | 5.04 | 15.41 | 1.08 | -10.74 | 68.75 | 2.85 | -46.02 | 31.94 | 0 | 0 | 0 | 12.14 | 6.4 | 36.4 | 2.07 | 37.09 | 102.94 | 12.46 | 2.05 | 11.45 | 27.41 | -5.23 | -11.67 | 0 | 0 | 0 | 1.15 | -3.36 | -4.17 | 12.77 | 7.13 | 3.74 | 0.06 | 20.0 | 0.0 | 6.23 | 0.0 | 0.0 | 3.79 | 19.94 | 19.94 | 0.21 | -60.38 | -60.38 | 12.38 | 16.57 | 39.73 | 16.38 | 14.47 | 30.62 | -1.1 | -1000.0 | -900.0 | 11.28 | 7.22 | 28.91 | 0.00 | 0 | -100.0 |
| 23Q1 (14) | 16.26 | -1.57 | -7.67 | 1.21 | 49.38 | 764.29 | 5.28 | 20.55 | 363.16 | 0 | 0 | 0 | 11.41 | 0.18 | 27.63 | 1.51 | -29.77 | 18.9 | 12.21 | -4.39 | 35.07 | 28.92 | -9.98 | 12.7 | 0 | 0 | 0 | 1.19 | 0.85 | -1.65 | 11.92 | -11.11 | 18.25 | 0.05 | -16.67 | -16.67 | 6.23 | 0.0 | 0.0 | 3.16 | 0.0 | 22.96 | 0.53 | 0.0 | 26.19 | 10.62 | -17.29 | 24.5 | 14.31 | -13.43 | 24.22 | -0.1 | 52.38 | -140.0 | 10.52 | -16.71 | 19.82 | 0.00 | -100.0 | -100.0 |
| 22Q4 (13) | 16.52 | 3.9 | -2.02 | 0.81 | 26.56 | 1057.14 | 4.38 | 39.49 | 415.29 | 0 | 0 | 0 | 11.39 | 8.27 | 24.62 | 2.15 | 17.49 | 16.22 | 12.77 | 13.01 | 57.46 | 32.13 | 6.61 | 33.1 | 0 | 0 | 0 | 1.18 | -2.48 | 0.0 | 13.41 | -5.83 | 54.67 | 0.06 | 20.0 | -14.29 | 6.23 | 0.0 | 0.0 | 3.16 | 0.0 | 22.96 | 0.53 | 0.0 | 26.19 | 12.84 | 20.11 | 50.88 | 16.53 | 14.95 | 43.74 | -0.21 | -362.5 | 60.38 | 12.63 | 17.27 | 58.27 | 0.00 | -5.23 | -7.9 |
| 22Q3 (12) | 15.9 | 7.43 | -6.53 | 0.64 | 0.0 | 433.33 | 3.14 | 45.37 | 540.82 | 0 | 0 | 0 | 10.52 | 18.2 | 16.24 | 1.83 | 79.41 | 29.79 | 11.3 | 1.07 | 46.94 | 30.13 | -2.89 | 28.06 | 0 | 0 | 0 | 1.21 | 0.83 | 39.08 | 14.24 | 15.68 | 95.34 | 0.05 | -16.67 | -16.67 | 6.23 | 0.0 | 0.0 | 3.16 | 0.0 | 22.96 | 0.53 | 0.0 | 26.19 | 10.69 | 20.65 | 60.75 | 14.38 | 14.67 | 49.02 | 0.08 | 172.73 | 111.59 | 10.77 | 23.09 | 80.7 | 0.00 | -11.73 | -8.81 |
| 22Q2 (11) | 14.8 | -15.96 | -8.19 | 0.64 | 357.14 | 0 | 2.16 | 89.47 | 208.57 | 0 | 0 | 0 | 8.9 | -0.45 | 9.88 | 1.02 | -19.69 | -32.45 | 11.18 | 23.67 | 50.47 | 31.03 | 20.93 | 32.85 | 0 | 0 | 0 | 1.2 | -0.83 | 36.36 | 12.31 | 22.12 | 58.84 | 0.06 | 0.0 | 0.0 | 6.23 | 0.0 | 0.0 | 3.16 | 22.96 | 44.29 | 0.53 | 26.19 | -23.19 | 8.86 | 3.87 | 65.3 | 12.54 | 8.85 | 52.18 | -0.11 | -144.0 | 83.82 | 8.75 | -0.34 | 86.97 | 0.00 | 6.5 | -5.39 |
| 22Q1 (10) | 17.61 | 4.45 | 14.05 | 0.14 | 100.0 | 40.0 | 1.14 | 34.12 | 86.89 | 0 | 0 | 0 | 8.94 | -2.19 | 22.3 | 1.27 | -31.35 | 16.51 | 9.04 | 11.47 | 31.97 | 25.66 | 6.31 | 16.69 | 0 | 0 | 0 | 1.21 | 2.54 | 35.96 | 10.08 | 16.26 | 31.94 | 0.06 | -14.29 | 20.0 | 6.23 | 0.0 | 0.0 | 2.57 | 0.0 | 17.35 | 0.42 | 0.0 | -39.13 | 8.53 | 0.24 | 121.56 | 11.52 | 0.17 | 71.43 | 0.25 | 147.17 | 146.3 | 8.78 | 10.03 | 165.26 | 0.00 | 3.38 | 0 |
| 21Q4 (9) | 16.86 | -0.88 | 41.09 | 0.07 | -41.67 | 0 | 0.85 | 73.47 | 1.19 | 0 | 0 | 0 | 9.14 | 0.99 | 11.19 | 1.85 | 31.21 | 50.41 | 8.11 | 5.46 | -2.99 | 24.14 | 2.57 | -11.62 | 0 | 0 | 0 | 1.18 | 35.63 | 29.67 | 8.67 | 18.93 | 37.84 | 0.07 | 16.67 | 16.67 | 6.23 | 0.0 | 0.0 | 2.57 | 0.0 | 17.35 | 0.42 | 0.0 | -39.13 | 8.51 | 27.97 | 53.06 | 11.5 | 19.17 | 36.26 | -0.53 | 23.19 | -26.19 | 7.98 | 33.89 | 55.25 | 0.00 | -6.17 | 0 |
| 21Q3 (8) | 17.01 | 5.52 | 91.99 | 0.12 | 0 | -65.71 | 0.49 | -30.0 | -34.67 | 0 | 0 | 0 | 9.05 | 11.73 | 10.64 | 1.41 | -6.62 | 5.22 | 7.69 | 3.5 | -4.0 | 23.53 | 0.74 | -13.6 | 0 | 0 | 0 | 0.87 | -1.14 | 33.85 | 7.29 | -5.94 | 14.8 | 0.06 | 0.0 | -14.29 | 6.23 | 0.0 | 0.0 | 2.57 | 17.35 | 17.35 | 0.42 | -39.13 | -39.13 | 6.65 | 24.07 | 53.58 | 9.65 | 17.11 | 33.84 | -0.69 | -1.47 | 11.54 | 5.96 | 27.35 | 67.89 | 0.00 | -8.43 | 0 |
| 21Q2 (7) | 16.12 | 4.4 | 66.01 | 0 | -100.0 | -100.0 | 0.7 | 14.75 | -30.69 | 0 | 0 | 0 | 8.1 | 10.81 | 8.87 | 1.51 | 38.53 | 155.93 | 7.43 | 8.47 | -3.0 | 23.36 | 6.22 | 0 | 0 | 0 | 0 | 0.88 | -1.12 | 183.87 | 7.75 | 1.44 | 72.22 | 0.06 | 20.0 | 100.0 | 6.23 | 0.0 | 0.0 | 2.19 | 0.0 | 0.0 | 0.69 | 0.0 | 0.0 | 5.36 | 39.22 | 79.26 | 8.24 | 22.62 | 40.37 | -0.68 | -25.93 | 33.33 | 4.68 | 41.39 | 137.56 | 0.00 | 0 | 0 |
| 21Q1 (6) | 15.44 | 29.21 | 23.32 | 0.1 | 0 | -96.25 | 0.61 | -27.38 | -57.64 | 0 | 0 | 0 | 7.31 | -11.07 | 7.98 | 1.09 | -11.38 | 57.97 | 6.85 | -18.06 | -2.84 | 21.99 | -19.48 | 0 | 0 | 0 | 0 | 0.89 | -2.2 | 187.1 | 7.64 | 21.46 | 52.8 | 0.05 | -16.67 | 25.0 | 6.23 | 0.0 | 0.0 | 2.19 | 0.0 | 12.89 | 0.69 | 0.0 | 187.5 | 3.85 | -30.76 | -22.54 | 6.72 | -20.38 | -6.01 | -0.54 | -28.57 | 35.71 | 3.31 | -35.6 | -19.85 | 0.00 | 0 | 0 |
| 20Q4 (5) | 11.95 | 34.88 | 6.41 | 0 | -100.0 | -100.0 | 0.84 | 12.0 | -52.27 | 0 | 0 | 0 | 8.22 | 0.49 | 17.09 | 1.23 | -8.21 | 59.74 | 8.36 | 4.37 | 13.43 | 27.31 | 0.28 | 0 | 0 | 0 | 0 | 0.91 | 40.0 | 167.65 | 6.29 | -0.94 | 20.5 | 0.06 | -14.29 | 20.0 | 6.23 | 0.0 | 0.0 | 2.19 | 0.0 | 12.89 | 0.69 | 0.0 | 187.5 | 5.56 | 28.41 | 29.91 | 8.44 | 17.06 | 30.65 | -0.42 | 46.15 | 39.13 | 5.14 | 44.79 | 43.18 | 0.00 | 0 | 0 |
| 20Q3 (4) | 8.86 | -8.75 | 0.0 | 0.35 | -57.83 | 0.0 | 0.75 | -25.74 | 0.0 | 0 | 0 | 0.0 | 8.18 | 9.95 | 0.0 | 1.34 | 127.12 | 0.0 | 8.01 | 4.57 | 0.0 | 27.24 | 0 | 0.0 | 0 | 0 | 0.0 | 0.65 | 109.68 | 0.0 | 6.35 | 41.11 | 0.0 | 0.07 | 133.33 | 0.0 | 6.23 | 0.0 | 0.0 | 2.19 | 0.0 | 0.0 | 0.69 | 0.0 | 0.0 | 4.33 | 44.82 | 0.0 | 7.21 | 22.83 | 0.0 | -0.78 | 23.53 | 0.0 | 3.55 | 80.2 | 0.0 | 0.00 | 0 | 0.0 |
