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) | 20.58 | -16.31 | 14.67 | 2.66 | 7.74 | -30.83 | 0 | 0 | 84.86 | -18.35 | -2.67 | 0 | 22.94 | -11.15 | 27.03 | 8.81 | 11.89 | -18.23 | 7.33 | -1.74 | 17.37 | 42.85 | 1.42 | -7.79 | 13.44 | 0.0 | 7.26 | 3.42 | 0.62 | -63.31 | 22.36 | -10.27 | 30.25 | -10.05 | -1.08 | 0 | 21.28 | -12.54 | 0.00 | -88.05 |
| 2022 (9) | 24.59 | -4.24 | 14.29 | 36.88 | 11.19 | 366.25 | 0 | 0 | 103.93 | -1.73 | 2.25 | -55.97 | 25.82 | -9.56 | 24.84 | -7.97 | 14.54 | -12.57 | 7.46 | -0.53 | 12.16 | -40.91 | 1.54 | -1.28 | 13.44 | 0.0 | 7.02 | 7.67 | 1.69 | 38.52 | 24.92 | -2.47 | 33.63 | 1.02 | -0.59 | 0 | 24.33 | 1.71 | 0.00 | -11.96 |
| 2021 (8) | 25.68 | 44.76 | 10.44 | -12.85 | 2.4 | 410.64 | 0 | 0 | 105.76 | 31.17 | 5.11 | 85.14 | 28.55 | 27.91 | 27.00 | -2.48 | 16.63 | 43.61 | 7.5 | 17.37 | 20.58 | 48.48 | 1.56 | 500.0 | 13.44 | 9.8 | 6.52 | 4.49 | 1.22 | -34.76 | 25.55 | 21.67 | 33.29 | 14.32 | -1.63 | 0 | 23.92 | 20.75 | 0.00 | -76.76 |
| 2020 (7) | 17.74 | 16.02 | 11.98 | 15.97 | 0.47 | 113.64 | 0 | 0 | 80.63 | 10.27 | 2.76 | -11.25 | 22.32 | -8.11 | 27.68 | -16.67 | 11.58 | 8.02 | 6.39 | 52.14 | 13.86 | 39.58 | 0.26 | 4.0 | 12.24 | 0.0 | 6.24 | 5.23 | 1.87 | 149.33 | 21.0 | 2.09 | 29.12 | 6.82 | -1.19 | 0 | 19.81 | 5.94 | 0.02 | -27.52 |
| 2019 (6) | 15.29 | -29.57 | 10.33 | -12.23 | 0.22 | 57.14 | 0 | 0 | 73.12 | 8.96 | 3.11 | 32.34 | 24.29 | 32.59 | 33.22 | 21.69 | 10.72 | 6.03 | 4.2 | -3.0 | 9.93 | 20.66 | 0.25 | -24.24 | 12.24 | 0.0 | 5.93 | 4.04 | 0.75 | 102.7 | 20.57 | 7.7 | 27.26 | 8.3 | -1.87 | 0 | 18.7 | 1.8 | 0.02 | -6.55 |
| 2018 (5) | 21.71 | 10.37 | 11.77 | 41.81 | 0.14 | -97.73 | 0 | 0 | 67.11 | 18.44 | 2.35 | 213.33 | 18.32 | 8.98 | 27.30 | -7.99 | 10.11 | 24.97 | 4.33 | 2.61 | 8.23 | 417.61 | 0.33 | -17.5 | 12.24 | 0.0 | 5.7 | 1.42 | 0.37 | 1750.0 | 19.1 | 8.09 | 25.17 | 7.93 | -0.73 | 0 | 18.37 | 6.06 | 0.02 | -57.78 |
| 2017 (4) | 19.67 | 15.5 | 8.3 | 108.54 | 6.17 | 2582.61 | 0 | 0 | 56.66 | 9.3 | 0.75 | -60.94 | 16.81 | 16.33 | 29.67 | 6.44 | 8.09 | 11.89 | 4.22 | 52.35 | 1.59 | -64.35 | 0.4 | -29.82 | 12.24 | -0.81 | 5.62 | 3.5 | 0.02 | 0 | 17.67 | -1.01 | 23.32 | 0.17 | -0.35 | 0 | 17.32 | -4.47 | 0.05 | 3.91 |
| 2016 (3) | 17.03 | -27.25 | 3.98 | -67.08 | 0.23 | 64.29 | 0 | 0 | 51.84 | 30.65 | 1.92 | 28.86 | 14.45 | 11.76 | 27.87 | -14.46 | 7.23 | 6.95 | 2.77 | 13.52 | 4.46 | 11.22 | 0.57 | -25.0 | 12.34 | -0.4 | 5.43 | 2.84 | 0 | 0 | 17.85 | 7.59 | 23.28 | 6.45 | 0.28 | -86.98 | 18.13 | -3.26 | 0.05 | 7.09 |
| 2015 (2) | 23.41 | 5.02 | 12.09 | 80.99 | 0.14 | 0 | 0 | 0 | 39.68 | -3.99 | 1.49 | -66.74 | 12.93 | 18.52 | 32.59 | 23.44 | 6.76 | 106.1 | 2.44 | 0 | 4.01 | 568.33 | 0.76 | -17.39 | 12.39 | -0.16 | 5.28 | 9.32 | 0 | 0 | 16.59 | -2.7 | 21.87 | -0.05 | 2.15 | -15.35 | 18.74 | -4.34 | 0.05 | 0 |
| 2014 (1) | 22.29 | 15.19 | 6.68 | -34.77 | 0 | 0 | 0 | 0 | 41.33 | 3.64 | 4.48 | 133.33 | 10.91 | 3.41 | 26.40 | -0.22 | 3.28 | -13.46 | 0 | 0 | 0.6 | 0.0 | 0.92 | -12.38 | 12.41 | -0.24 | 4.83 | 4.09 | 0 | 0 | 17.05 | 20.16 | 21.88 | 16.2 | 2.54 | -3.79 | 19.59 | 16.4 | 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) | 18.99 | 16.5 | -9.57 | 2.9 | -77.55 | -83.11 | 5.96 | -30.7 | 274.84 | 0 | 0 | 0 | 26.89 | 9.53 | 21.95 | 1.29 | 92.54 | 290.91 | 28.7 | 5.48 | 15.17 | 31.01 | -0.04 | 6.43 | 13.34 | 3.57 | 8.1 | 7.66 | 0.66 | 3.51 | 29.75 | 55.27 | 24.63 | 1.66 | -11.23 | 9.93 | 14.19 | 5.58 | 5.58 | 7.26 | 0.0 | 0.0 | 1.17 | 0.0 | 88.71 | 23.81 | 5.73 | 2.36 | 32.24 | 4.17 | 3.5 | 0.15 | -57.14 | 275.0 | 23.96 | 4.77 | 2.83 | 0.00 | -8.7 | -8.88 |
| 24Q2 (19) | 16.3 | -18.01 | -30.34 | 12.92 | -9.46 | -43.26 | 8.6 | 5.26 | -10.23 | 0 | 0 | 0 | 24.55 | 26.35 | 18.43 | 0.67 | 2133.33 | 248.89 | 27.21 | 11.15 | 10.61 | 31.02 | 6.31 | 13.08 | 12.88 | 0.62 | 3.21 | 7.61 | 1.6 | 4.39 | 19.16 | -3.86 | 79.07 | 1.87 | 39.55 | 30.77 | 13.44 | 0.0 | 0.0 | 7.26 | 0.0 | 0.0 | 1.17 | 88.71 | 88.71 | 22.52 | 0.54 | -1.83 | 30.95 | 2.21 | 0.42 | 0.35 | 483.33 | 125.0 | 22.87 | 1.83 | 6.17 | 0.00 | -1.76 | -3.42 |
| 24Q1 (18) | 19.88 | -3.4 | -26.15 | 14.27 | -2.73 | -29.84 | 8.17 | 5.56 | -23.79 | 0 | 0 | 0 | 19.43 | -10.38 | -4.75 | 0.03 | 103.26 | 101.85 | 24.48 | 6.71 | 1.96 | 29.18 | 7.95 | 16.87 | 12.8 | 7.65 | 2.65 | 7.49 | 2.18 | 1.08 | 19.93 | 14.74 | 73.0 | 1.34 | -5.63 | -10.67 | 13.44 | 0.0 | 0.0 | 7.26 | 0.0 | 3.42 | 0.62 | 0.0 | -63.31 | 22.4 | 0.18 | -0.71 | 30.28 | 0.1 | -3.17 | 0.06 | 105.56 | 111.54 | 22.46 | 5.55 | 1.91 | 0.00 | -2.16 | -88.12 |
| 23Q4 (17) | 20.58 | -2.0 | -16.31 | 14.67 | -14.56 | 2.66 | 7.74 | 386.79 | -30.83 | 0 | 0 | 0 | 21.68 | -1.68 | -3.0 | -0.92 | -378.79 | 44.24 | 22.94 | -7.95 | -11.15 | 27.03 | -7.22 | 8.81 | 11.89 | -3.65 | -18.23 | 7.33 | -0.95 | -1.74 | 17.37 | -27.23 | 42.85 | 1.42 | -5.96 | -7.79 | 13.44 | 0.0 | 0.0 | 7.26 | 0.0 | 3.42 | 0.62 | 0.0 | -63.31 | 22.36 | -3.87 | -10.27 | 30.25 | -2.89 | -10.05 | -1.08 | -2800.0 | -83.05 | 21.28 | -8.67 | -12.54 | 0.00 | 3.82 | -88.05 |
| 23Q3 (16) | 21.0 | -10.26 | -30.46 | 17.17 | -24.59 | -10.67 | 1.59 | -83.4 | -83.17 | 0 | 0 | 0 | 22.05 | 6.37 | -15.81 | 0.33 | 173.33 | -69.44 | 24.92 | 1.3 | -21.91 | 29.14 | 6.2 | -0.92 | 12.34 | -1.12 | -15.13 | 7.4 | 1.51 | -2.37 | 23.87 | 123.08 | 69.05 | 1.51 | 5.59 | -10.12 | 13.44 | 0.0 | 0.0 | 7.26 | 0.0 | 3.42 | 0.62 | 0.0 | -63.31 | 23.26 | 1.39 | -12.13 | 31.15 | 1.07 | -11.46 | 0.04 | 102.86 | -77.78 | 23.3 | 8.17 | -12.57 | 0.00 | -3.22 | -88.65 |
| 23Q2 (15) | 23.4 | -13.08 | -24.1 | 22.77 | 11.95 | 33.55 | 9.58 | -10.63 | 242.14 | 0 | 0 | 0 | 20.73 | 1.62 | -23.84 | -0.45 | 72.22 | -137.82 | 24.6 | 2.46 | -21.66 | 27.43 | 9.87 | -3.57 | 12.48 | 0.08 | -24.23 | 7.29 | -1.62 | -4.83 | 10.7 | -7.12 | -48.53 | 1.43 | -4.67 | -16.86 | 13.44 | 0.0 | 0.0 | 7.26 | 3.42 | 3.42 | 0.62 | -63.31 | -63.31 | 22.94 | 1.68 | -9.65 | 30.82 | -1.44 | -9.62 | -1.4 | -169.23 | -250.0 | 21.54 | -2.27 | -13.81 | 0.00 | -87.92 | -89.17 |
| 23Q1 (14) | 26.92 | 9.48 | -11.62 | 20.34 | 42.34 | 25.71 | 10.72 | -4.2 | 282.86 | 0 | 0 | 0 | 20.4 | -8.72 | -27.58 | -1.62 | 1.82 | -198.78 | 24.01 | -7.01 | -26.1 | 24.97 | 0.5 | -14.77 | 12.47 | -14.24 | -24.7 | 7.41 | -0.67 | -6.08 | 11.52 | -5.26 | -44.54 | 1.5 | -2.6 | -0.66 | 13.44 | 0.0 | 0.0 | 7.02 | 0.0 | 7.67 | 1.69 | 0.0 | 38.52 | 22.56 | -9.47 | -10.37 | 31.27 | -7.02 | -4.98 | -0.52 | 11.86 | -188.89 | 22.04 | -9.41 | -11.8 | 0.00 | -1.55 | -11.88 |
| 22Q4 (13) | 24.59 | -18.58 | -4.24 | 14.29 | -25.65 | 36.88 | 11.19 | 18.41 | 366.25 | 0 | 0 | 0 | 22.35 | -14.66 | -17.01 | -1.65 | -252.78 | -436.73 | 25.82 | -19.08 | -9.56 | 24.84 | -15.52 | -7.97 | 14.54 | 0.0 | -12.57 | 7.46 | -1.58 | -0.53 | 12.16 | -13.88 | -40.91 | 1.54 | -8.33 | -1.28 | 13.44 | 0.0 | 0.0 | 7.02 | 0.0 | 7.67 | 1.69 | 0.0 | 38.52 | 24.92 | -5.86 | -2.47 | 33.63 | -4.41 | 1.02 | -0.59 | -427.78 | 63.8 | 24.33 | -8.71 | 1.71 | 0.00 | -1.38 | -11.96 |
| 22Q3 (12) | 30.2 | -2.04 | 50.32 | 19.22 | 12.73 | -1.18 | 9.45 | 237.5 | 1081.25 | 0 | 0 | 0 | 26.19 | -3.78 | -6.63 | 1.08 | -9.24 | -16.92 | 31.91 | 1.62 | 2.67 | 29.41 | 3.37 | -5.26 | 14.54 | -11.72 | -6.85 | 7.58 | -1.04 | 13.81 | 14.12 | -32.08 | -10.97 | 1.68 | -2.33 | 13.51 | 13.44 | 0.0 | 9.8 | 7.02 | 0.0 | 7.67 | 1.69 | 0.0 | 38.52 | 26.47 | 4.25 | 5.67 | 35.18 | 3.17 | 7.29 | 0.18 | 145.0 | 109.73 | 26.65 | 6.64 | 14.87 | 0.00 | -7.68 | -26.06 |
| 22Q2 (11) | 30.83 | 1.21 | 34.92 | 17.05 | 5.38 | -1.22 | 2.8 | 0.0 | 250.0 | 0 | 0 | 0 | 27.22 | -3.37 | -1.91 | 1.19 | -27.44 | -33.89 | 31.4 | -3.35 | 9.29 | 28.45 | -2.89 | -6.06 | 16.47 | -0.54 | -2.77 | 7.66 | -2.92 | 13.82 | 20.79 | 0.1 | 32.76 | 1.72 | 13.91 | 22.86 | 13.44 | 0.0 | 9.8 | 7.02 | 7.67 | 12.5 | 1.69 | 38.52 | -9.63 | 25.39 | 0.87 | 8.6 | 34.1 | 3.62 | 8.29 | -0.4 | -122.22 | 77.78 | 24.99 | 0.0 | 15.8 | 0.00 | -1.7 | -21.98 |
| 22Q1 (10) | 30.46 | 18.61 | 35.62 | 16.18 | 54.98 | -7.06 | 2.8 | 16.67 | 250.0 | 0 | 0 | 0 | 28.17 | 4.6 | 22.32 | 1.64 | 234.69 | 7.89 | 32.49 | 13.8 | 35.77 | 29.30 | 8.53 | 7.45 | 16.56 | -0.42 | 26.32 | 7.89 | 5.2 | 20.27 | 20.77 | 0.92 | 40.34 | 1.51 | -3.21 | 480.77 | 13.44 | 0.0 | 9.8 | 6.52 | 0.0 | 4.49 | 1.22 | 0.0 | -34.76 | 25.17 | -1.49 | 16.64 | 32.91 | -1.14 | 10.81 | -0.18 | 88.96 | 87.32 | 24.99 | 4.47 | 23.96 | 0.00 | -1.64 | -26.52 |
| 21Q4 (9) | 25.68 | 27.82 | 44.76 | 10.44 | -46.32 | -12.85 | 2.4 | 200.0 | 410.64 | 0 | 0 | 0 | 26.93 | -3.99 | 26.43 | 0.49 | -62.31 | 0.0 | 28.55 | -8.14 | 27.91 | 27.00 | -13.03 | -2.48 | 16.63 | 6.53 | 43.61 | 7.5 | 12.61 | 17.37 | 20.58 | 29.76 | 48.48 | 1.56 | 5.41 | 500.0 | 13.44 | 9.8 | 9.8 | 6.52 | 0.0 | 4.49 | 1.22 | 0.0 | -34.76 | 25.55 | 2.0 | 21.67 | 33.29 | 1.52 | 14.32 | -1.63 | 11.89 | -36.97 | 23.92 | 3.1 | 20.75 | 0.00 | -17.17 | -76.76 |
| 21Q3 (8) | 20.09 | -12.08 | 3.72 | 19.45 | 12.69 | 84.01 | 0.8 | 0.0 | 344.44 | 0 | 0 | 0 | 28.05 | 1.08 | 23.08 | 1.3 | -27.78 | 11.11 | 31.08 | 8.18 | 21.36 | 31.04 | 2.5 | -2.98 | 15.61 | -7.85 | 44.94 | 6.66 | -1.04 | -3.48 | 15.86 | 1.28 | -0.13 | 1.48 | 5.71 | 678.95 | 12.24 | 0.0 | 0.0 | 6.52 | 4.49 | 4.49 | 1.22 | -34.76 | -34.76 | 25.05 | 7.14 | 22.2 | 32.79 | 4.13 | 14.61 | -1.85 | -2.78 | -5.11 | 23.2 | 7.51 | 23.8 | 0.00 | -2.58 | -75.02 |
| 21Q2 (7) | 22.85 | 1.74 | 17.18 | 17.26 | -0.86 | 62.83 | 0.8 | 0.0 | 344.44 | 0 | 0 | 0 | 27.75 | 20.5 | 34.38 | 1.8 | 18.42 | 36.36 | 28.73 | 20.06 | 27.52 | 30.28 | 11.07 | 0 | 16.94 | 29.21 | 65.92 | 6.73 | 2.59 | 2.75 | 15.66 | 5.81 | 21.11 | 1.4 | 438.46 | 636.84 | 12.24 | 0.0 | 0.0 | 6.24 | 0.0 | 0.0 | 1.87 | 0.0 | 0.0 | 23.38 | 8.34 | 20.95 | 31.49 | 6.03 | 14.72 | -1.8 | -26.76 | 19.64 | 21.58 | 7.04 | 26.27 | 0.00 | -7.42 | -76.21 |
| 21Q1 (6) | 22.46 | 26.61 | 35.87 | 17.41 | 45.33 | 41.54 | 0.8 | 70.21 | 263.64 | 0 | 0 | 0 | 23.03 | 8.12 | 44.93 | 1.52 | 210.2 | 790.91 | 23.93 | 7.21 | 16.9 | 27.26 | -1.51 | 0 | 13.11 | 13.21 | 39.32 | 6.56 | 2.66 | 58.07 | 14.8 | 6.78 | 57.95 | 0.26 | 0.0 | 18.18 | 12.24 | 0.0 | 0.0 | 6.24 | 0.0 | 5.23 | 1.87 | 0.0 | 149.33 | 21.58 | 2.76 | 11.01 | 29.7 | 1.99 | 13.71 | -1.42 | -19.33 | 35.16 | 20.16 | 1.77 | 16.87 | 0.00 | -68.89 | -76.47 |
| 20Q4 (5) | 17.74 | -8.42 | 16.02 | 11.98 | 13.34 | 15.97 | 0.47 | 161.11 | 113.64 | 0 | 0 | 0 | 21.3 | -6.54 | 2.8 | 0.49 | -58.12 | -27.94 | 22.32 | -12.85 | -8.11 | 27.68 | -13.47 | 0 | 11.58 | 7.52 | 8.02 | 6.39 | -7.39 | 52.14 | 13.86 | -12.72 | 39.58 | 0.26 | 36.84 | 4.0 | 12.24 | 0.0 | 0.0 | 6.24 | 0.0 | 5.23 | 1.87 | 0.0 | 149.33 | 21.0 | 2.44 | 2.09 | 29.12 | 1.78 | 6.82 | -1.19 | 32.39 | 36.36 | 19.81 | 5.71 | 5.94 | 0.02 | -10.99 | -27.52 |
| 20Q3 (4) | 19.37 | -0.67 | 0.0 | 10.57 | -0.28 | 0.0 | 0.18 | 0.0 | 0.0 | 0 | 0 | 0.0 | 22.79 | 10.36 | 0.0 | 1.17 | -11.36 | 0.0 | 25.61 | 13.67 | 0.0 | 31.99 | 0 | 0.0 | 10.77 | 5.48 | 0.0 | 6.9 | 5.34 | 0.0 | 15.88 | 22.82 | 0.0 | 0.19 | 0.0 | 0.0 | 12.24 | 0.0 | 0.0 | 6.24 | 0.0 | 0.0 | 1.87 | 0.0 | 0.0 | 20.5 | 6.05 | 0.0 | 28.61 | 4.23 | 0.0 | -1.76 | 21.43 | 0.0 | 18.74 | 9.65 | 0.0 | 0.02 | -7.2 | 0.0 |
