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) | 2.42 | -17.41 | 0.5 | -45.65 | 1.61 | 257.78 | 0 | 0 | 6.11 | -41.59 | 0.1 | -87.5 | 1.61 | -44.48 | 26.35 | -4.96 | 0.89 | -35.04 | 0.5 | -1.96 | 1.4 | -30.69 | 0.11 | 175.0 | 3.91 | 0.0 | 0.54 | 17.39 | 0.39 | 0.0 | 0.23 | -73.56 | 1.16 | -32.95 | -0.35 | 0 | -0.12 | 0 | 0.00 | 0 |
| 2022 (9) | 2.93 | 38.21 | 0.92 | 24.32 | 0.45 | 2.27 | 0 | 0 | 10.46 | -1.78 | 0.8 | 3.9 | 2.9 | 9.02 | 27.72 | 11.0 | 1.37 | 12.3 | 0.51 | 0.0 | 2.02 | 39.31 | 0.04 | -33.33 | 3.91 | 0.0 | 0.46 | 21.05 | 0.39 | 0.0 | 0.87 | 10.13 | 1.73 | 10.19 | -0.29 | 0 | 0.58 | 20.83 | 0.00 | 0 |
| 2021 (8) | 2.12 | 19.77 | 0.74 | -35.65 | 0.44 | -57.28 | 0 | 0 | 10.65 | 28.31 | 0.77 | 79.07 | 2.66 | -3.62 | 24.98 | -24.89 | 1.22 | 34.07 | 0.51 | 0.0 | 1.45 | 26.09 | 0.06 | -25.0 | 3.91 | 11.4 | 0.38 | 11.76 | 0.39 | 0.0 | 0.79 | 58.0 | 1.57 | 27.64 | -0.31 | 0 | 0.48 | 92.0 | 0.00 | 0 |
| 2020 (7) | 1.77 | -19.18 | 1.15 | -44.17 | 1.03 | 43.06 | 0 | 0 | 8.3 | 6.68 | 0.43 | 34.38 | 2.76 | 43.75 | 33.25 | 34.74 | 0.91 | 21.33 | 0.51 | 0.0 | 1.15 | -4.96 | 0.08 | 33.33 | 3.51 | 13.23 | 0.34 | 9.68 | 0.39 | 0.0 | 0.5 | 28.21 | 1.23 | 12.84 | -0.25 | 0 | 0.25 | 38.89 | 0.00 | 0 |
| 2019 (6) | 2.19 | 11.17 | 2.06 | -30.41 | 0.72 | -21.74 | 0 | 0 | 7.78 | -0.51 | 0.32 | -30.43 | 1.92 | 0.0 | 24.68 | 0.51 | 0.75 | -10.71 | 0.51 | 0.0 | 1.21 | -9.7 | 0.06 | 100.0 | 3.1 | 0.0 | 0.31 | 19.23 | 0.39 | 0.0 | 0.39 | -40.91 | 1.09 | -16.79 | -0.21 | 0 | 0.18 | -66.67 | 0.00 | 0 |
| 2018 (5) | 1.97 | 66.95 | 2.96 | -15.91 | 0.92 | 84.0 | 0 | 0 | 7.82 | 19.94 | 0.46 | 4500.0 | 1.92 | -3.03 | 24.55 | -19.15 | 0.84 | 23.53 | 0.51 | 0.0 | 1.34 | 197.78 | 0.03 | 50.0 | 3.1 | -1.27 | 0.26 | 0.0 | 0.39 | 0.0 | 0.66 | 135.71 | 1.31 | 39.36 | -0.12 | 0 | 0.54 | 200.0 | 0.00 | 0 |
| 2017 (4) | 1.18 | -11.94 | 3.52 | 49.15 | 0.5 | -42.53 | 0 | 0 | 6.52 | -7.65 | 0.01 | -90.91 | 1.98 | 2.06 | 30.37 | 10.51 | 0.68 | -2.86 | 0.51 | 0.0 | 0.45 | -38.36 | 0.02 | 100.0 | 3.14 | 0.0 | 0.26 | 4.0 | 0.39 | 0.0 | 0.28 | -36.36 | 0.94 | -12.96 | -0.1 | 0 | 0.18 | -55.0 | 0.00 | 0 |
| 2016 (3) | 1.34 | -40.71 | 2.36 | 78.79 | 0.87 | 52.63 | 0 | 0 | 7.06 | -2.35 | 0.11 | -59.26 | 1.94 | 4.3 | 27.48 | 6.81 | 0.7 | 11.11 | 0.51 | 0.0 | 0.73 | -31.78 | 0.01 | 0.0 | 3.14 | 0.0 | 0.25 | 13.64 | 0.39 | 0.0 | 0.44 | -29.03 | 1.08 | -12.9 | -0.04 | 0 | 0.4 | -45.95 | 0.00 | 0 |
| 2015 (2) | 2.26 | 13.57 | 1.32 | 18.92 | 0.57 | -21.92 | 0 | 0 | 7.23 | -7.66 | 0.27 | 42.11 | 1.86 | -16.59 | 25.73 | -9.67 | 0.63 | -4.55 | 0.51 | -1.92 | 1.07 | 5.94 | 0.01 | 0.0 | 3.14 | 0.0 | 0.22 | 4.76 | 0.39 | 0.0 | 0.62 | 3.33 | 1.24 | 3.33 | 0.12 | -29.41 | 0.74 | -3.9 | 0.02 | 1.53 |
| 2014 (1) | 1.99 | 1.53 | 1.11 | -23.45 | 0.73 | -13.1 | 0 | 0 | 7.83 | -14.98 | 0.19 | 26.67 | 2.23 | -28.53 | 28.48 | -15.93 | 0.66 | -15.38 | 0.52 | 0.0 | 1.01 | 31.17 | 0.01 | -50.0 | 3.14 | -0.32 | 0.21 | 10.53 | 0.39 | 0.0 | 0.6 | 0.0 | 1.2 | 1.69 | 0.17 | 183.33 | 0.77 | 16.67 | 0.02 | -3.0 |
| 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) | 2.3 | -9.8 | -5.35 | 0.55 | 10.0 | 7.84 | 0.78 | -8.24 | -51.55 | 0 | 0 | 0 | 2.03 | 28.48 | 36.24 | 0.16 | 128.57 | 166.67 | 2.31 | 22.87 | 31.25 | 37.02 | 12.24 | 51.44 | 1.11 | 21.98 | 14.43 | 0.5 | 0.0 | 0.0 | 1.54 | -10.98 | 1.99 | 0.1 | 25.0 | -9.09 | 3.92 | 0.0 | 0.26 | 0.55 | 0.0 | 1.85 | 0.39 | 0.0 | 0.0 | 0.4 | 66.67 | 21.21 | 1.34 | 13.56 | 5.51 | -0.25 | 7.41 | 10.71 | 0.15 | 600.0 | 200.0 | 0.00 | 0 | 0 |
| 24Q2 (19) | 2.55 | -9.25 | -25.66 | 0.5 | 0.0 | -9.09 | 0.85 | -46.88 | -43.71 | 0 | 0 | 0 | 1.58 | 17.91 | -1.86 | 0.07 | 0.0 | -46.15 | 1.88 | 10.59 | -3.59 | 32.98 | 11.17 | 50.87 | 0.91 | 0.0 | -18.02 | 0.5 | 0.0 | 0.0 | 1.73 | 40.65 | 26.28 | 0.08 | -20.0 | 100.0 | 3.92 | 0.0 | 0.26 | 0.55 | 1.85 | 1.85 | 0.39 | 0.0 | 0.0 | 0.24 | -20.0 | -11.11 | 1.18 | -4.07 | -2.48 | -0.27 | 10.0 | 20.59 | -0.03 | 0 | 57.14 | 0.00 | 0 | 0 |
| 24Q1 (18) | 2.81 | 16.12 | -19.94 | 0.5 | 0.0 | -5.66 | 1.6 | -0.62 | 3.9 | 0 | 0 | 0 | 1.34 | 3.88 | -22.09 | 0.07 | 170.0 | 600.0 | 1.7 | 5.59 | -14.57 | 29.67 | 12.59 | 46.7 | 0.91 | 2.25 | -24.79 | 0.5 | 0.0 | -1.96 | 1.23 | -12.14 | 10.81 | 0.1 | -9.09 | 150.0 | 3.92 | 0.26 | 0.26 | 0.54 | 0.0 | 17.39 | 0.39 | 0.0 | 0.0 | 0.3 | 30.43 | -65.91 | 1.23 | 6.03 | -29.31 | -0.3 | 14.29 | -3.45 | 0 | 100.0 | -100.0 | 0.00 | 0 | 0 |
| 23Q4 (17) | 2.42 | -0.41 | -17.41 | 0.5 | -1.96 | -45.65 | 1.61 | 0.0 | 257.78 | 0 | 0 | 0 | 1.29 | -13.42 | -45.8 | -0.1 | -266.67 | -211.11 | 1.61 | -8.52 | -44.48 | 26.35 | 7.8 | -4.96 | 0.89 | -8.25 | -35.04 | 0.5 | 0.0 | -1.96 | 1.4 | -7.28 | -30.69 | 0.11 | 0.0 | 175.0 | 3.91 | 0.0 | 0.0 | 0.54 | 0.0 | 17.39 | 0.39 | 0.0 | 0.0 | 0.23 | -30.3 | -73.56 | 1.16 | -8.66 | -32.95 | -0.35 | -25.0 | -20.69 | -0.12 | -340.0 | -120.69 | 0.00 | 0 | 0 |
| 23Q3 (16) | 2.43 | -29.15 | 4.74 | 0.51 | -7.27 | -51.43 | 1.61 | 6.62 | 168.33 | 0 | 0 | 0 | 1.49 | -7.45 | -53.58 | 0.06 | -53.85 | -86.36 | 1.76 | -9.74 | -53.19 | 24.44 | 11.82 | -29.53 | 0.97 | -12.61 | -48.95 | 0.5 | 0.0 | -1.96 | 1.51 | 10.22 | -24.88 | 0.11 | 175.0 | 175.0 | 3.91 | 0.0 | 0.0 | 0.54 | 0.0 | 17.39 | 0.39 | 0.0 | 0.0 | 0.33 | 22.22 | -56.58 | 1.27 | 4.96 | -21.6 | -0.28 | 17.65 | -33.33 | 0.05 | 171.43 | -90.91 | 0.00 | 0 | 0 |
| 23Q2 (15) | 3.43 | -2.28 | 31.42 | 0.55 | 3.77 | -6.78 | 1.51 | -1.95 | 190.38 | 0 | 0 | 0 | 1.61 | -6.4 | -36.36 | 0.13 | 1200.0 | -40.91 | 1.95 | -2.01 | -31.82 | 21.86 | 8.1 | -21.04 | 1.11 | -8.26 | -38.33 | 0.5 | -1.96 | -1.96 | 1.37 | 23.42 | -28.65 | 0.04 | 0.0 | -20.0 | 3.91 | 0.0 | 0.0 | 0.54 | 17.39 | 17.39 | 0.39 | 0.0 | 0.0 | 0.27 | -69.32 | -18.18 | 1.21 | -30.46 | 2.54 | -0.34 | -17.24 | -36.0 | -0.07 | -111.86 | -187.5 | 0.00 | 0 | 0 |
| 23Q1 (14) | 3.51 | 19.8 | 37.65 | 0.53 | -42.39 | -19.7 | 1.54 | 242.22 | 170.18 | 0 | 0 | 0 | 1.72 | -27.73 | -26.5 | 0.01 | -88.89 | -83.33 | 1.99 | -31.38 | -21.34 | 20.22 | -27.06 | -15.75 | 1.21 | -11.68 | -21.43 | 0.51 | 0.0 | 0.0 | 1.11 | -45.05 | -38.33 | 0.04 | 0.0 | -20.0 | 3.91 | 0.0 | 0.0 | 0.46 | 0.0 | 21.05 | 0.39 | 0.0 | 0.0 | 0.88 | 1.15 | 3.53 | 1.74 | 0.58 | 6.75 | -0.29 | 0.0 | -20.83 | 0.59 | 1.72 | -3.28 | 0.00 | 0 | 0 |
| 22Q4 (13) | 2.93 | 26.29 | 38.21 | 0.92 | -12.38 | 24.32 | 0.45 | -25.0 | 2.27 | 0 | 0 | 0 | 2.38 | -25.86 | -13.77 | 0.09 | -79.55 | -52.63 | 2.9 | -22.87 | 9.02 | 27.72 | -20.07 | 11.0 | 1.37 | -27.89 | 12.3 | 0.51 | 0.0 | 0.0 | 2.02 | 0.5 | 39.31 | 0.04 | 0.0 | -33.33 | 3.91 | 0.0 | 0.0 | 0.46 | 0.0 | 21.05 | 0.39 | 0.0 | 0.0 | 0.87 | 14.47 | 10.13 | 1.73 | 6.79 | 10.19 | -0.29 | -38.1 | 6.45 | 0.58 | 5.45 | 20.83 | 0.00 | 0 | 0 |
| 22Q3 (12) | 2.32 | -11.11 | -6.83 | 1.05 | 77.97 | -27.59 | 0.6 | 15.38 | 76.47 | 0 | 0 | 0 | 3.21 | 26.88 | 18.89 | 0.44 | 100.0 | 76.0 | 3.76 | 31.47 | 32.39 | 34.69 | 25.28 | 28.0 | 1.9 | 5.56 | 53.23 | 0.51 | 0.0 | 0.0 | 2.01 | 4.69 | 66.12 | 0.04 | -20.0 | -33.33 | 3.91 | 0.0 | 0.0 | 0.46 | 0.0 | 21.05 | 0.39 | 0.0 | 0.0 | 0.76 | 130.3 | 24.59 | 1.62 | 37.29 | 16.55 | -0.21 | 16.0 | 34.38 | 0.55 | 587.5 | 89.66 | 0.00 | 0 | 0 |
| 22Q2 (11) | 2.61 | 2.35 | 35.23 | 0.59 | -10.61 | 18.0 | 0.52 | -8.77 | -36.59 | 0 | 0 | 0 | 2.53 | 8.12 | -7.66 | 0.22 | 266.67 | 10.0 | 2.86 | 13.04 | -0.35 | 27.69 | 15.34 | -2.28 | 1.8 | 16.88 | 44.0 | 0.51 | 0.0 | 0.0 | 1.92 | 6.67 | 0.0 | 0.05 | 0.0 | -28.57 | 3.91 | 0.0 | 11.4 | 0.46 | 21.05 | 21.05 | 0.39 | 0.0 | 0.0 | 0.33 | -61.18 | -10.81 | 1.18 | -27.61 | 2.61 | -0.25 | -4.17 | 16.67 | 0.08 | -86.89 | 14.29 | 0.00 | 0 | 0 |
| 22Q1 (10) | 2.55 | 20.28 | 61.39 | 0.66 | -10.81 | -43.59 | 0.57 | 29.55 | -46.73 | 0 | 0 | 0 | 2.34 | -15.22 | -4.49 | 0.06 | -68.42 | -57.14 | 2.53 | -4.89 | -6.64 | 24.00 | -3.89 | -17.54 | 1.54 | 26.23 | 42.59 | 0.51 | 0.0 | 0.0 | 1.8 | 24.14 | 55.17 | 0.05 | -16.67 | -28.57 | 3.91 | 0.0 | 11.4 | 0.38 | 0.0 | 11.76 | 0.39 | 0.0 | 0.0 | 0.85 | 7.59 | 34.92 | 1.63 | 3.82 | 18.98 | -0.24 | 22.58 | 11.11 | 0.61 | 27.08 | 69.44 | 0.00 | 0 | 0 |
| 21Q4 (9) | 2.12 | -14.86 | 19.77 | 0.74 | -48.97 | -35.65 | 0.44 | 29.41 | -57.28 | 0 | 0 | 0 | 2.76 | 2.22 | 6.56 | 0.19 | -24.0 | 72.73 | 2.66 | -6.34 | -3.62 | 24.98 | -7.83 | -24.8 | 1.22 | -1.61 | 34.07 | 0.51 | 0.0 | 0.0 | 1.45 | 19.83 | 26.09 | 0.06 | 0.0 | -25.0 | 3.91 | 0.0 | 11.4 | 0.38 | 0.0 | 11.76 | 0.39 | 0.0 | 0.0 | 0.79 | 29.51 | 58.0 | 1.57 | 12.95 | 27.64 | -0.31 | 3.12 | -24.0 | 0.48 | 65.52 | 92.0 | 0.00 | 0 | 0 |
| 21Q3 (8) | 2.49 | 29.02 | 74.13 | 1.45 | 190.0 | 38.1 | 0.34 | -58.54 | -64.58 | 0 | 0 | 0 | 2.7 | -1.46 | 14.89 | 0.25 | 25.0 | 38.89 | 2.84 | -1.05 | 12.25 | 27.10 | -4.35 | -19.45 | 1.24 | -0.8 | 25.25 | 0.51 | 0.0 | 0.0 | 1.21 | -36.98 | -1.63 | 0.06 | -14.29 | 0.0 | 3.91 | 11.4 | 11.4 | 0.38 | 0.0 | 11.76 | 0.39 | 0.0 | 0.0 | 0.61 | 64.86 | 60.53 | 1.39 | 20.87 | 24.11 | -0.32 | -6.67 | -14.29 | 0.29 | 314.29 | 190.0 | 0.00 | 0 | 0 |
| 21Q2 (7) | 1.93 | 22.15 | 0.0 | 0.5 | -57.26 | -54.55 | 0.82 | -23.36 | 0 | 0 | 0 | 0 | 2.74 | 11.84 | 42.71 | 0.2 | 42.86 | 66.67 | 2.87 | 5.9 | 36.02 | 28.33 | -2.67 | 0 | 1.25 | 15.74 | 30.21 | 0.51 | 0.0 | 0.0 | 1.92 | 65.52 | 61.34 | 0.07 | 0.0 | 40.0 | 3.51 | 0.0 | 0.0 | 0.38 | 11.76 | 11.76 | 0.39 | 0.0 | 0.0 | 0.37 | -41.27 | 76.19 | 1.15 | -16.06 | 22.34 | -0.3 | -11.11 | -3.45 | 0.07 | -80.56 | 187.5 | 0.00 | 0 | 0 |
| 21Q1 (6) | 1.58 | -10.73 | -35.25 | 1.17 | 1.74 | 4.46 | 1.07 | 3.88 | 17.58 | 0 | 0 | 0 | 2.45 | -5.41 | 68.97 | 0.14 | 27.27 | 600.0 | 2.71 | -1.81 | 61.31 | 29.11 | -12.36 | 0 | 1.08 | 18.68 | 45.95 | 0.51 | 0.0 | 0.0 | 1.16 | 0.87 | -4.92 | 0.07 | -12.5 | 16.67 | 3.51 | 0.0 | 0.0 | 0.34 | 0.0 | 9.68 | 0.39 | 0.0 | 0.0 | 0.63 | 26.0 | 53.66 | 1.37 | 11.38 | 23.42 | -0.27 | -8.0 | 0.0 | 0.36 | 44.0 | 157.14 | 0.00 | 0 | 0 |
| 20Q4 (5) | 1.77 | 23.78 | -19.18 | 1.15 | 9.52 | -44.17 | 1.03 | 7.29 | 43.06 | 0 | 0 | 0 | 2.59 | 10.21 | 43.89 | 0.11 | -38.89 | 37.5 | 2.76 | 9.09 | 43.75 | 33.21 | -1.28 | 0 | 0.91 | -8.08 | 21.33 | 0.51 | 0.0 | 0.0 | 1.15 | -6.5 | -4.96 | 0.08 | 33.33 | 33.33 | 3.51 | 0.0 | 13.23 | 0.34 | 0.0 | 9.68 | 0.39 | 0.0 | 0.0 | 0.5 | 31.58 | 28.21 | 1.23 | 9.82 | 12.84 | -0.25 | 10.71 | -19.05 | 0.25 | 150.0 | 38.89 | 0.00 | 0 | 0 |
| 20Q3 (4) | 1.43 | -25.91 | 0.0 | 1.05 | -4.55 | 0.0 | 0.96 | 0 | 0.0 | 0 | 0 | 0.0 | 2.35 | 22.4 | 0.0 | 0.18 | 50.0 | 0.0 | 2.53 | 19.91 | 0.0 | 33.64 | 0 | 0.0 | 0.99 | 3.12 | 0.0 | 0.51 | 0.0 | 0.0 | 1.23 | 3.36 | 0.0 | 0.06 | 20.0 | 0.0 | 3.51 | 0.0 | 0.0 | 0.34 | 0.0 | 0.0 | 0.39 | 0.0 | 0.0 | 0.38 | 80.95 | 0.0 | 1.12 | 19.15 | 0.0 | -0.28 | 3.45 | 0.0 | 0.1 | 225.0 | 0.0 | 0.00 | 0 | 0.0 |
