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) | 10.66 | -6.65 | 6.71 | -23.49 | 0.09 | -85.71 | 0 | 0 | 83.52 | 4.83 | 9.27 | -3.94 | 13.06 | -3.26 | 15.64 | -7.72 | 14.94 | -8.0 | 0 | 0 | 6.11 | 9.69 | 16.67 | 32.41 | 4.71 | 10.82 | 7.7 | 14.24 | 0.09 | 0.0 | 27.71 | 9.18 | 35.5 | 10.25 | 7.64 | 55.92 | 35.35 | 16.74 | 0.00 | 0 |
| 2022 (9) | 11.42 | -4.83 | 8.77 | 59.17 | 0.63 | -3.08 | 0 | 0 | 79.67 | 16.32 | 9.65 | 23.09 | 13.5 | 6.3 | 16.94 | -8.62 | 16.24 | 40.24 | 0 | 0 | 5.57 | -33.29 | 12.59 | 4.92 | 4.25 | 0.0 | 6.74 | 13.28 | 0.09 | 0.0 | 25.38 | 20.06 | 32.2 | 18.51 | 4.9 | 38.81 | 30.28 | 22.74 | 0.00 | 0 |
| 2021 (8) | 12.0 | -8.26 | 5.51 | -30.69 | 0.65 | 1525.0 | 0 | 0 | 68.49 | 20.5 | 7.84 | 9.65 | 12.7 | 15.04 | 18.54 | -4.53 | 11.58 | 48.65 | 0 | 0 | 8.35 | -18.62 | 12.0 | -7.26 | 4.25 | 0.0 | 5.95 | 13.77 | 0.09 | 0.0 | 21.14 | 15.77 | 27.17 | 15.22 | 3.53 | 84.82 | 24.67 | 22.31 | 0.00 | 0 |
| 2020 (7) | 13.08 | 42.02 | 7.95 | -19.45 | 0.04 | 0 | 0 | 0 | 56.84 | -2.95 | 7.15 | -6.04 | 11.04 | 6.05 | 19.42 | 9.28 | 7.79 | -9.63 | 0 | 0 | 10.26 | 12.13 | 12.94 | -9.13 | 4.25 | 0.0 | 5.23 | 16.74 | 0.09 | 0.0 | 18.26 | 13.49 | 23.58 | 14.13 | 1.91 | 80.19 | 20.17 | 17.61 | 0.00 | 0 |
| 2019 (6) | 9.21 | -28.16 | 9.87 | 239.18 | 0 | 0 | 0 | 0 | 58.57 | 49.22 | 7.61 | 10.61 | 10.41 | 34.84 | 17.77 | -9.64 | 8.62 | 34.27 | 0 | 0 | 9.15 | 0 | 14.24 | 22.97 | 4.25 | 10.1 | 4.48 | 18.21 | 0.09 | 0.0 | 16.09 | 19.54 | 20.66 | 19.22 | 1.06 | -21.48 | 17.15 | 15.8 | 0.00 | 0 |
| 2018 (5) | 12.82 | 24.59 | 2.91 | -34.61 | 0 | 0 | 0 | 0 | 39.25 | 5.91 | 6.88 | 11.33 | 7.72 | 16.97 | 19.67 | 10.44 | 6.42 | -7.89 | 0 | 0 | 0 | 0 | 11.58 | 0.87 | 3.86 | 0.0 | 3.79 | 19.56 | 0.09 | 0.0 | 13.46 | 21.81 | 17.33 | 21.1 | 1.35 | -57.28 | 14.81 | 4.22 | 0.00 | 0 |
| 2017 (4) | 10.29 | 37.75 | 4.45 | 206.9 | 11.84 | 1016.98 | 0 | 0 | 37.06 | 7.83 | 6.18 | 13.39 | 6.6 | 11.49 | 17.81 | 3.39 | 6.97 | 13.89 | 0 | 0 | 0 | 0 | 11.48 | -10.31 | 3.86 | 0.0 | 3.17 | 20.53 | 0.09 | 0.0 | 11.05 | 19.2 | 14.31 | 19.45 | 3.16 | 1655.56 | 14.21 | 50.37 | 0.00 | 0 |
| 2016 (3) | 7.47 | -60.81 | 1.45 | -12.12 | 1.06 | 1225.0 | 0 | 0 | 34.37 | 29.26 | 5.45 | -5.55 | 5.92 | 49.49 | 17.22 | 15.66 | 6.12 | 59.38 | 0 | 0 | 12.42 | 7.81 | 12.8 | 7900.0 | 3.86 | 1.05 | 2.63 | 28.29 | 0.09 | 0.0 | 9.27 | 12.09 | 11.98 | 15.08 | 0.18 | -78.82 | 9.45 | 3.62 | 0.00 | 0 |
| 2015 (2) | 19.06 | 126.9 | 1.65 | 0 | 0.08 | -68.0 | 0 | 0 | 26.59 | 8.93 | 5.77 | 14.03 | 3.96 | 8.79 | 14.89 | -0.13 | 3.84 | 35.69 | 0 | 0 | 11.52 | 638.46 | 0.16 | -20.0 | 3.82 | 10.4 | 2.05 | 33.12 | 0.09 | 0.0 | 8.27 | 27.82 | 10.41 | 28.52 | 0.85 | 18.06 | 9.12 | 26.84 | 0.00 | 0 |
| 2014 (1) | 8.4 | -5.3 | 0 | 0 | 0.25 | 0.0 | 0 | 0 | 24.41 | 16.02 | 5.06 | 13.71 | 3.64 | 46.18 | 14.91 | 26.0 | 2.83 | 19.92 | 0 | 0 | 1.56 | 65.96 | 0.2 | 25.0 | 3.46 | 0.58 | 1.54 | 40.0 | 0.09 | 0.0 | 6.47 | 20.93 | 8.1 | 24.04 | 0.72 | 63.64 | 7.19 | 24.18 | 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) | 9.25 | -20.87 | -29.28 | 15.27 | 121.3 | 32.32 | 0.08 | 0.0 | 33.33 | 0 | 0 | 0 | 22.28 | 7.68 | 5.69 | 1.46 | -35.96 | -36.52 | 15.02 | 13.62 | 3.37 | 18.07 | 11.98 | 4.37 | 16.65 | 2.21 | -3.81 | 0 | 0 | 0 | 3.45 | -22.82 | -52.93 | 17.02 | -1.73 | -1.39 | 4.74 | 0.42 | 0.64 | 8.63 | 0.0 | 12.08 | 0.09 | 0.0 | 0.0 | 25.99 | 5.95 | -0.12 | 34.7 | 4.36 | 2.63 | 4.51 | -32.38 | -40.89 | 30.5 | -2.24 | -9.36 | 0.00 | 0 | 0 |
| 24Q2 (19) | 11.69 | 8.04 | 4.66 | 6.9 | 12.56 | 12.56 | 0.08 | -11.11 | -78.38 | 0 | 0 | 0 | 20.69 | 10.35 | -5.74 | 2.28 | 42.5 | -30.49 | 13.22 | 6.1 | -11.63 | 16.14 | 7.73 | -10.85 | 16.29 | 3.82 | -0.73 | 0 | 0 | 0 | 4.47 | -21.44 | -41.64 | 17.32 | 0.29 | 3.46 | 4.72 | 0.21 | 0.64 | 8.63 | 12.08 | 12.08 | 0.09 | 0.0 | 0.0 | 24.53 | -16.28 | 3.15 | 33.25 | -10.35 | 5.32 | 6.67 | 10.98 | -22.17 | 31.2 | -11.64 | -3.55 | 0.00 | 0 | 0 |
| 24Q1 (18) | 10.82 | 1.5 | -1.99 | 6.13 | -8.64 | -12.18 | 0.09 | 0.0 | 80.0 | 0 | 0 | 0 | 18.75 | -12.42 | -1.73 | 1.6 | -3.03 | -21.57 | 12.46 | -4.59 | -0.64 | 14.98 | -4.22 | -3.11 | 15.69 | 5.02 | -6.66 | 0 | 0 | 0 | 5.69 | -6.87 | 9.0 | 17.27 | 3.6 | 39.39 | 4.71 | 0.0 | 10.82 | 7.7 | 0.0 | 14.24 | 0.09 | 0.0 | 0.0 | 29.3 | 5.74 | 6.86 | 37.09 | 4.48 | 8.32 | 6.01 | -21.34 | -34.6 | 35.31 | -0.11 | -3.55 | 0.00 | 0 | 0 |
| 23Q4 (17) | 10.66 | -18.5 | -6.65 | 6.71 | -41.85 | -23.49 | 0.09 | 50.0 | -85.71 | 0 | 0 | 0 | 21.41 | 1.57 | -1.88 | 1.65 | -28.26 | -37.97 | 13.06 | -10.12 | -3.26 | 15.64 | -9.68 | -7.73 | 14.94 | -13.69 | -8.0 | 0 | 0 | 0 | 6.11 | -16.64 | 9.69 | 16.67 | -3.42 | 32.41 | 4.71 | 0.0 | 10.82 | 7.7 | 0.0 | 14.24 | 0.09 | 0.0 | 0.0 | 27.71 | 6.5 | 9.18 | 35.5 | 5.0 | 10.25 | 7.64 | 0.13 | 55.92 | 35.35 | 5.05 | 16.74 | 0.00 | 0 | 0 |
| 23Q3 (16) | 13.08 | 17.1 | 61.68 | 11.54 | 88.25 | 32.95 | 0.06 | -83.78 | -98.57 | 0 | 0 | 0 | 21.08 | -3.96 | 6.46 | 2.3 | -29.88 | -6.12 | 14.53 | -2.87 | 10.16 | 17.31 | -4.36 | -0.31 | 17.31 | 5.48 | -1.31 | 0 | 0 | 0 | 7.33 | -4.31 | 161.79 | 17.26 | 3.11 | 31.35 | 4.71 | 0.43 | 10.82 | 7.7 | 0.0 | 14.24 | 0.09 | 0.0 | 0.0 | 26.02 | 9.42 | 14.78 | 33.81 | 7.1 | 14.65 | 7.63 | -10.97 | 11.22 | 33.65 | 4.02 | 13.95 | 0.00 | 0 | 0 |
| 23Q2 (15) | 11.17 | 1.18 | 7.61 | 6.13 | -12.18 | -21.01 | 0.37 | 640.0 | 0 | 0 | 0 | 0 | 21.95 | 15.04 | 7.49 | 3.28 | 60.78 | 10.07 | 14.96 | 19.3 | 6.48 | 18.10 | 17.09 | -4.77 | 16.41 | -2.38 | 6.7 | 0 | 0 | 0 | 7.66 | 46.74 | 9.43 | 16.74 | 35.11 | 34.24 | 4.69 | 10.35 | 10.35 | 7.7 | 14.24 | 14.24 | 0.09 | 0.0 | 0.0 | 23.78 | -13.27 | 17.61 | 31.57 | -7.8 | 16.75 | 8.57 | -6.75 | 124.35 | 32.35 | -11.64 | 34.57 | 0.00 | 0 | 0 |
| 23Q1 (14) | 11.04 | -3.33 | 25.17 | 6.98 | -20.41 | 22.46 | 0.05 | -92.06 | 0 | 0 | 0 | 0 | 19.08 | -12.56 | 8.29 | 2.04 | -23.31 | 30.77 | 12.54 | -7.11 | -4.64 | 15.46 | -8.78 | -16.7 | 16.81 | 3.51 | 20.07 | 0 | 0 | 0 | 5.22 | -6.28 | -33.08 | 12.39 | -1.59 | 1.39 | 4.25 | 0.0 | 0.0 | 6.74 | 0.0 | 13.28 | 0.09 | 0.0 | 0.0 | 27.42 | 8.04 | 20.85 | 34.24 | 6.34 | 19.18 | 9.19 | 87.55 | 66.18 | 36.61 | 20.9 | 29.73 | 0.00 | 0 | 0 |
| 22Q4 (13) | 11.42 | 41.16 | -4.83 | 8.77 | 1.04 | 59.17 | 0.63 | -85.0 | -3.08 | 0 | 0 | 0 | 21.82 | 10.2 | 20.49 | 2.66 | 8.57 | 43.78 | 13.5 | 2.35 | 6.3 | 16.95 | -2.42 | -8.61 | 16.24 | -7.41 | 40.24 | 0 | 0 | 0 | 5.57 | 98.93 | -33.29 | 12.59 | -4.19 | 4.92 | 4.25 | 0.0 | 0.0 | 6.74 | 0.0 | 13.28 | 0.09 | 0.0 | 0.0 | 25.38 | 11.95 | 20.06 | 32.2 | 9.19 | 18.51 | 4.9 | -28.57 | 38.81 | 30.28 | 2.54 | 22.74 | 0.00 | 0 | 0 |
| 22Q3 (12) | 8.09 | -22.06 | -38.76 | 8.68 | 11.86 | -30.78 | 4.2 | 0 | 1100.0 | 0 | 0 | 0 | 19.8 | -3.04 | 11.42 | 2.45 | -17.79 | 15.57 | 13.19 | -6.12 | -0.23 | 17.37 | -8.63 | -11.94 | 17.54 | 14.04 | 56.61 | 0 | 0 | 0 | 2.8 | -60.0 | -57.89 | 13.14 | 5.37 | 7.62 | 4.25 | 0.0 | 0.0 | 6.74 | 0.0 | 13.28 | 0.09 | 0.0 | 0.0 | 22.67 | 12.12 | 17.52 | 29.49 | 9.06 | 16.42 | 6.86 | 79.58 | 289.77 | 29.53 | 22.84 | 40.29 | 0.00 | 0 | 0 |
| 22Q2 (11) | 10.38 | 17.69 | -17.42 | 7.76 | 36.14 | -11.42 | 0 | 0 | -100.0 | 0 | 0 | 0 | 20.42 | 15.89 | 17.63 | 2.98 | 91.03 | 39.91 | 14.05 | 6.84 | 6.84 | 19.01 | 2.42 | -7.73 | 15.38 | 9.86 | 50.49 | 0 | 0 | 0 | 7.0 | -10.26 | 0.57 | 12.47 | 2.05 | 0.81 | 4.25 | 0.0 | 0.0 | 6.74 | 13.28 | 13.28 | 0.09 | 0.0 | 0.0 | 20.22 | -10.89 | 17.69 | 27.04 | -5.88 | 16.5 | 3.82 | -30.92 | 81.04 | 24.04 | -14.81 | 24.62 | 0.00 | 0 | 0 |
| 22Q1 (10) | 8.82 | -26.5 | -28.58 | 5.7 | 3.45 | -37.29 | 0 | -100.0 | -100.0 | 0 | 0 | 0 | 17.62 | -2.71 | 15.54 | 1.56 | -15.68 | -10.86 | 13.15 | 3.54 | 19.22 | 18.56 | 0.08 | -0.4 | 14.0 | 20.9 | 52.84 | 0 | 0 | 0 | 7.8 | -6.59 | 12.07 | 12.22 | 1.83 | -4.68 | 4.25 | 0.0 | 0.0 | 5.95 | 0.0 | 13.77 | 0.09 | 0.0 | 0.0 | 22.69 | 7.33 | 13.34 | 28.73 | 5.74 | 13.38 | 5.53 | 56.66 | 345.97 | 28.22 | 14.39 | 32.74 | 0.00 | 0 | 0 |
| 21Q4 (9) | 12.0 | -9.16 | -8.26 | 5.51 | -56.06 | -30.69 | 0.65 | 85.71 | 1525.0 | 0 | 0 | 0 | 18.11 | 1.91 | 8.77 | 1.85 | -12.74 | -27.45 | 12.7 | -3.93 | 15.04 | 18.54 | -5.98 | -4.53 | 11.58 | 3.39 | 48.65 | 0 | 0 | 0 | 8.35 | 25.56 | -18.62 | 12.0 | -1.72 | -7.26 | 4.25 | 0.0 | 0.0 | 5.95 | 0.0 | 13.77 | 0.09 | 0.0 | 0.0 | 21.14 | 9.59 | 15.77 | 27.17 | 7.26 | 15.22 | 3.53 | 100.57 | 84.82 | 24.67 | 17.2 | 22.31 | 0.00 | 0 | 0 |
| 21Q3 (8) | 13.21 | 5.09 | 16.49 | 12.54 | 43.15 | 90.58 | 0.35 | 775.0 | -68.18 | 0 | 0 | 0 | 17.77 | 2.36 | 21.88 | 2.12 | -0.47 | 10.42 | 13.22 | 0.53 | 43.54 | 19.72 | -4.25 | 20.13 | 11.2 | 9.59 | 32.86 | 0 | 0 | 0 | 6.65 | -4.45 | -50.19 | 12.21 | -1.29 | -8.61 | 4.25 | 0.0 | 0.0 | 5.95 | 0.0 | 13.77 | 0.09 | 0.0 | 0.0 | 19.29 | 12.28 | 22.94 | 25.33 | 9.13 | 20.56 | 1.76 | -16.59 | 309.52 | 21.05 | 9.12 | 41.75 | 0.00 | 0 | 0 |
| 21Q2 (7) | 12.57 | 1.78 | 30.94 | 8.76 | -3.63 | 0.11 | 0.04 | 0.0 | 0 | 0 | 0 | 0 | 17.36 | 13.84 | 36.48 | 2.13 | 21.71 | 53.24 | 13.15 | 19.22 | 44.51 | 20.60 | 10.56 | 0 | 10.22 | 11.57 | 6.57 | 0 | 0 | 0 | 6.96 | 0.0 | -26.35 | 12.37 | -3.51 | -10.1 | 4.25 | 0.0 | 0.0 | 5.95 | 13.77 | 13.77 | 0.09 | 0.0 | 0.0 | 17.18 | -14.19 | 24.67 | 23.21 | -8.41 | 21.52 | 2.11 | 70.16 | 393.06 | 19.29 | -9.27 | 47.7 | 0.00 | 0 | 0 |
| 21Q1 (6) | 12.35 | -5.58 | 49.88 | 9.09 | 14.34 | 20.24 | 0.04 | 0.0 | -92.0 | 0 | 0 | 0 | 15.25 | -8.41 | 18.31 | 1.75 | -31.37 | 35.66 | 11.03 | -0.09 | 15.26 | 18.63 | -4.07 | 0 | 9.16 | 17.59 | -3.68 | 0 | 0 | 0 | 6.96 | -32.16 | -19.54 | 12.82 | -0.93 | -9.72 | 4.25 | 0.0 | 0.0 | 5.23 | 0.0 | 16.74 | 0.09 | 0.0 | 0.0 | 20.02 | 9.64 | 15.12 | 25.34 | 7.46 | 15.44 | 1.24 | -35.08 | 181.58 | 21.26 | 5.4 | 33.96 | 0.00 | 0 | 0 |
| 20Q4 (5) | 13.08 | 15.34 | 42.02 | 7.95 | 20.82 | -19.45 | 0.04 | -96.36 | 0 | 0 | 0 | 0 | 16.65 | 14.2 | 4.65 | 2.55 | 32.81 | 22.01 | 11.04 | 19.87 | 6.05 | 19.42 | 18.31 | 0 | 7.79 | -7.59 | -9.63 | 0 | 0 | 0 | 10.26 | -23.15 | 12.13 | 12.94 | -3.14 | -9.13 | 4.25 | 0.0 | 0.0 | 5.23 | 0.0 | 16.74 | 0.09 | 0.0 | 0.0 | 18.26 | 16.38 | 13.49 | 23.58 | 12.23 | 14.13 | 1.91 | 327.38 | 80.19 | 20.17 | 35.82 | 17.61 | 0.00 | 0 | 0 |
| 20Q3 (4) | 11.34 | 18.12 | 0.0 | 6.58 | -24.8 | 0.0 | 1.1 | 0 | 0.0 | 0 | 0 | 0.0 | 14.58 | 14.62 | 0.0 | 1.92 | 38.13 | 0.0 | 9.21 | 1.21 | 0.0 | 16.42 | 0 | 0.0 | 8.43 | -12.1 | 0.0 | 0 | 0 | 0.0 | 13.35 | 41.27 | 0.0 | 13.36 | -2.91 | 0.0 | 4.25 | 0.0 | 0.0 | 5.23 | 0.0 | 0.0 | 0.09 | 0.0 | 0.0 | 15.69 | 13.86 | 0.0 | 21.01 | 10.0 | 0.0 | -0.84 | -16.67 | 0.0 | 14.85 | 13.71 | 0.0 | 0.00 | 0 | 0.0 |
