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) | 7.92 | -4.46 | 0 | 0 | 0.19 | 0.0 | 0 | 0 | 25.53 | -19.26 | 2.62 | -55.21 | 5.07 | -9.63 | 19.86 | 11.93 | 7.96 | -5.58 | 0 | 0 | 0.51 | -27.14 | 0.07 | 75.0 | 11.73 | 0.0 | 3.16 | 22.96 | 0.06 | -53.85 | 10.61 | -8.22 | 13.83 | -3.02 | -0.12 | 0 | 10.49 | -8.78 | 0.01 | 7.83 |
| 2022 (9) | 8.29 | 6.69 | 0.05 | -95.24 | 0.19 | -9.52 | 0 | 0 | 31.62 | 1.8 | 5.85 | 23.16 | 5.61 | -22.3 | 17.74 | -23.68 | 8.43 | -10.7 | 0 | 0 | 0.7 | -21.35 | 0.04 | 33.33 | 11.73 | 0.0 | 2.57 | 22.38 | 0.13 | 30.0 | 11.56 | 31.51 | 14.26 | 29.75 | -0.06 | 0 | 11.5 | 32.79 | 0.00 | 19.84 |
| 2021 (8) | 7.77 | 51.17 | 1.05 | 600.0 | 0.21 | -25.0 | 0 | 0 | 31.06 | 46.1 | 4.75 | 181.07 | 7.22 | 39.38 | 23.25 | -4.6 | 9.44 | 57.86 | 0 | 0 | 0.89 | -19.09 | 0.03 | -50.0 | 11.73 | 0.0 | 2.1 | 8.81 | 0.1 | -16.67 | 8.79 | 71.35 | 10.99 | 53.06 | -0.13 | 0 | 8.66 | 72.17 | 0.00 | 49.56 |
| 2020 (7) | 5.14 | -0.39 | 0.15 | -50.0 | 0.28 | 0.0 | 0 | 0 | 21.26 | -0.89 | 1.69 | 17.36 | 5.18 | 26.96 | 24.37 | 28.1 | 5.98 | 16.12 | 0 | 0 | 1.1 | -20.29 | 0.06 | 20.0 | 11.73 | 0.0 | 1.93 | 7.82 | 0.12 | 50.0 | 5.13 | 15.28 | 7.18 | 13.79 | -0.1 | 0 | 5.03 | 16.17 | 0.00 | 35.14 |
| 2019 (6) | 5.16 | -15.82 | 0.3 | 50.0 | 0.28 | -3.45 | 0 | 0 | 21.45 | -19.18 | 1.44 | -47.83 | 4.08 | -35.24 | 19.02 | -19.87 | 5.15 | -9.33 | 0 | 0 | 1.38 | -19.77 | 0.05 | 25.0 | 11.73 | 0.0 | 1.79 | 18.54 | 0.08 | 100.0 | 4.45 | -6.12 | 6.31 | 0.48 | -0.12 | 0 | 4.33 | -7.08 | 0.00 | 0.04 |
| 2018 (5) | 6.13 | -8.51 | 0.2 | -84.62 | 0.29 | 31.82 | 0 | 0 | 26.54 | 43.61 | 2.76 | 217.24 | 6.3 | 51.81 | 23.74 | 5.7 | 5.68 | 39.9 | 0 | 0 | 1.72 | 16.22 | 0.04 | 100.0 | 11.73 | 0.0 | 1.51 | 6.34 | 0.04 | -20.0 | 4.74 | 80.23 | 6.28 | 52.8 | -0.08 | 0 | 4.66 | 79.92 | 0.00 | 52.5 |
| 2017 (4) | 6.7 | -5.1 | 1.3 | -58.06 | 0.22 | 175.0 | 0 | 0 | 18.48 | 7.38 | 0.87 | 8.75 | 4.15 | -0.24 | 22.46 | -7.1 | 4.06 | 16.33 | 0 | 0 | 1.48 | 78.31 | 0.02 | 0.0 | 11.73 | 0.0 | 1.42 | 5.97 | 0.05 | 0 | 2.63 | 6.05 | 4.11 | 7.59 | -0.04 | 0 | 2.59 | 6.58 | 0.00 | 47.99 |
| 2016 (3) | 7.06 | -20.05 | 3.1 | -34.04 | 0.08 | 0.0 | 0 | 0 | 17.21 | 11.1 | 0.8 | -46.67 | 4.16 | 5.32 | 24.17 | -5.21 | 3.49 | -7.67 | 0 | 0 | 0.83 | -8.79 | 0.02 | -60.0 | 11.73 | 0.0 | 1.34 | 12.61 | 0 | 0 | 2.48 | -22.26 | 3.82 | -12.79 | -0.05 | 0 | 2.43 | -24.53 | 0.00 | 119.19 |
| 2015 (2) | 8.83 | 197.31 | 4.7 | -17.83 | 0.08 | 0.0 | 0 | 0 | 15.49 | 7.79 | 1.5 | 0.67 | 3.95 | 4.77 | 25.50 | -2.8 | 3.78 | 6.18 | 0 | 0 | 0.91 | -9.0 | 0.05 | -28.57 | 11.73 | 0.0 | 1.19 | 14.42 | 0 | 0 | 3.19 | 5.98 | 4.38 | 8.15 | 0.03 | -25.0 | 3.22 | 5.57 | 0.00 | -1.24 |
| 2014 (1) | 2.97 | -36.94 | 5.72 | 472.0 | 0.08 | -80.0 | 0 | 0 | 14.37 | 9.03 | 1.49 | -14.37 | 3.77 | 6.5 | 26.24 | -2.32 | 3.56 | 19.87 | 0 | 0 | 1.0 | -42.86 | 0.07 | -36.36 | 11.73 | 34.36 | 1.04 | 19.54 | 0 | 0 | 3.01 | -11.73 | 4.05 | -6.25 | 0.04 | 300.0 | 3.05 | -10.82 | 0.00 | -60.14 |
| 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) | 8.6 | 42.15 | 45.52 | 0 | 0 | 0 | 0.2 | 0.0 | 5.26 | 0 | 0 | 0 | 6.94 | -1.98 | 8.78 | 0.5 | -43.82 | -31.51 | 6.04 | -4.43 | 2.2 | 23.43 | -6.51 | 4.02 | 7.38 | -1.6 | -7.75 | 0 | 0 | 0 | 0.35 | -12.5 | -36.36 | 0.07 | 0.0 | -12.5 | 11.73 | 0.0 | 0.0 | 3.42 | 0.0 | 8.23 | 0.12 | 0.0 | 100.0 | 10.82 | 4.74 | 3.94 | 14.37 | 3.6 | 5.43 | 0.05 | 0 | 225.0 | 10.87 | 5.23 | 4.82 | 0.01 | 3.51 | 14.68 |
| 24Q2 (19) | 6.05 | -4.27 | -31.79 | 0 | -100.0 | 0 | 0.2 | 0.0 | 5.26 | 0 | 0 | 0 | 7.08 | 19.59 | 7.6 | 0.89 | 58.93 | 2.3 | 6.32 | 23.92 | 7.67 | 25.06 | 21.46 | 17.7 | 7.5 | -4.34 | -2.72 | 0 | 0 | 0 | 0.4 | -11.11 | -33.33 | 0.07 | 0.0 | 133.33 | 11.73 | 0.0 | 0.0 | 3.42 | 8.23 | 8.23 | 0.12 | 100.0 | 100.0 | 10.33 | -7.52 | 6.71 | 13.87 | -3.61 | 7.52 | 0 | 100.0 | 100.0 | 10.33 | -7.19 | 8.28 | 0.01 | 13.32 | 14.69 |
| 24Q1 (18) | 6.32 | -20.2 | 8.4 | 0.64 | 0 | 1180.0 | 0.2 | 5.26 | 5.26 | 0 | 0 | 0 | 5.92 | 1.37 | -12.04 | 0.56 | 180.0 | -31.71 | 5.1 | 0.59 | -14.72 | 20.63 | 3.89 | 2.12 | 7.84 | -1.51 | 0.64 | 0 | 0 | 0 | 0.45 | -11.76 | -30.77 | 0.07 | 0.0 | 133.33 | 11.73 | 0.0 | 0.0 | 3.16 | 0.0 | 22.96 | 0.06 | 0.0 | -53.85 | 11.17 | 5.28 | -9.85 | 14.39 | 4.05 | -4.58 | -0.04 | 66.67 | 20.0 | 11.13 | 6.1 | -9.81 | 0.01 | -1.91 | 8.4 |
| 23Q4 (17) | 7.92 | 34.01 | -4.46 | 0 | 0 | -100.0 | 0.19 | 0.0 | 0.0 | 0 | 0 | 0 | 5.84 | -8.46 | -10.84 | 0.2 | -72.6 | -75.0 | 5.07 | -14.21 | -9.63 | 19.86 | -11.83 | 11.93 | 7.96 | -0.5 | -5.58 | 0 | 0 | 0 | 0.51 | -7.27 | -27.14 | 0.07 | -12.5 | 75.0 | 11.73 | 0.0 | 0.0 | 3.16 | 0.0 | 22.96 | 0.06 | 0.0 | -53.85 | 10.61 | 1.92 | -8.22 | 13.83 | 1.47 | -3.02 | -0.12 | -200.0 | -100.0 | 10.49 | 1.16 | -8.78 | 0.01 | -0.33 | 7.83 |
| 23Q3 (16) | 5.91 | -33.37 | -17.11 | 0 | 0 | -100.0 | 0.19 | 0.0 | 0.0 | 0 | 0 | 0 | 6.38 | -3.04 | -17.25 | 0.73 | -16.09 | -49.66 | 5.91 | 0.68 | -16.05 | 22.52 | 5.78 | 8.1 | 8.0 | 3.76 | -5.21 | 0 | 0 | 0 | 0.55 | -8.33 | -25.68 | 0.08 | 166.67 | 60.0 | 11.73 | 0.0 | 0.0 | 3.16 | 0.0 | 22.96 | 0.06 | 0.0 | -53.85 | 10.41 | 7.54 | -3.25 | 13.63 | 5.66 | 1.26 | -0.04 | 71.43 | 0 | 10.37 | 8.7 | -3.62 | 0.01 | 3.53 | -0.43 |
| 23Q2 (15) | 8.87 | 52.14 | -4.21 | 0 | -100.0 | -100.0 | 0.19 | 0.0 | 0.0 | 0 | 0 | 0 | 6.58 | -2.23 | -23.58 | 0.87 | 6.1 | -50.57 | 5.87 | -1.84 | -23.96 | 21.29 | 5.39 | -4.99 | 7.71 | -1.03 | -12.09 | 0 | 0 | 0 | 0.6 | -7.69 | -24.05 | 0.03 | 0.0 | -25.0 | 11.73 | 0.0 | 0.0 | 3.16 | 22.96 | 22.96 | 0.06 | -53.85 | -53.85 | 9.68 | -21.87 | 4.09 | 12.9 | -14.46 | 7.5 | -0.14 | -180.0 | -180.0 | 9.54 | -22.69 | 3.14 | 0.01 | 7.1 | 3.93 |
| 23Q1 (14) | 5.83 | -29.67 | -36.77 | 0.05 | 0.0 | -94.44 | 0.19 | 0.0 | 0.0 | 0 | 0 | 0 | 6.73 | 2.75 | -23.09 | 0.82 | 2.5 | -55.19 | 5.98 | 6.6 | -17.74 | 20.20 | 13.87 | -6.85 | 7.79 | -7.59 | -13.06 | 0 | 0 | 0 | 0.65 | -7.14 | -22.62 | 0.03 | -25.0 | -25.0 | 11.73 | 0.0 | 0.0 | 2.57 | 0.0 | 22.38 | 0.13 | 0.0 | 30.0 | 12.39 | 7.18 | 16.67 | 15.08 | 5.75 | 17.63 | -0.05 | 16.67 | -66.67 | 12.34 | 7.3 | 16.53 | 0.00 | -2.42 | -0.38 |
| 22Q4 (13) | 8.29 | 16.27 | 6.69 | 0.05 | -66.67 | -95.24 | 0.19 | 0.0 | -9.52 | 0 | 0 | 0 | 6.55 | -15.05 | -24.89 | 0.8 | -44.83 | -47.02 | 5.61 | -20.31 | -22.3 | 17.74 | -14.84 | -23.65 | 8.43 | -0.12 | -10.7 | 0 | 0 | 0 | 0.7 | -5.41 | -21.35 | 0.04 | -20.0 | 33.33 | 11.73 | 0.0 | 0.0 | 2.57 | 0.0 | 22.38 | 0.13 | 0.0 | 30.0 | 11.56 | 7.43 | 31.51 | 14.26 | 5.94 | 29.75 | -0.06 | 0 | 53.85 | 11.5 | 6.88 | 32.79 | 0.00 | -7.97 | 19.84 |
| 22Q3 (12) | 7.13 | -23.0 | 5.79 | 0.15 | -25.0 | -86.96 | 0.19 | 0.0 | -20.83 | 0 | 0 | 0 | 7.71 | -10.45 | -7.89 | 1.45 | -17.61 | 12.4 | 7.04 | -8.81 | -1.26 | 20.83 | -7.03 | -17.74 | 8.44 | -3.76 | -3.1 | 0 | 0 | 0 | 0.74 | -6.33 | -21.28 | 0.05 | 25.0 | 25.0 | 11.73 | 0.0 | 0.0 | 2.57 | 0.0 | 22.38 | 0.13 | 0.0 | 30.0 | 10.76 | 15.7 | 47.8 | 13.46 | 12.17 | 41.98 | 0 | 100.0 | 100.0 | 10.76 | 16.32 | 50.7 | 0.01 | 8.06 | 34.81 |
| 22Q2 (11) | 9.26 | 0.43 | 2.55 | 0.2 | -77.78 | -82.61 | 0.19 | 0.0 | -26.92 | 0 | 0 | 0 | 8.61 | -1.6 | 12.11 | 1.76 | -3.83 | 58.56 | 7.72 | 6.19 | 16.62 | 22.41 | 3.32 | -13.61 | 8.77 | -2.12 | 18.19 | 0 | 0 | 0 | 0.79 | -5.95 | -19.39 | 0.04 | 0.0 | -20.0 | 11.73 | 0.0 | 0.0 | 2.57 | 22.38 | 33.16 | 0.13 | 30.0 | 8.33 | 9.3 | -12.43 | 31.36 | 12.0 | -6.4 | 31.43 | -0.05 | -66.67 | 64.29 | 9.25 | -12.65 | 33.29 | 0.00 | 2.67 | 50.5 |
| 22Q1 (10) | 9.22 | 18.66 | 27.52 | 0.9 | -14.29 | 500.0 | 0.19 | -9.52 | -32.14 | 0 | 0 | 0 | 8.75 | 0.34 | 38.89 | 1.83 | 21.19 | 117.86 | 7.27 | 0.69 | 32.91 | 21.69 | -6.67 | -7.77 | 8.96 | -5.08 | 35.96 | 0 | 0 | 0 | 0.84 | -5.62 | -18.45 | 0.04 | 33.33 | -20.0 | 11.73 | 0.0 | 0.0 | 2.1 | 0.0 | 8.81 | 0.1 | 0.0 | -16.67 | 10.62 | 20.82 | 77.89 | 12.82 | 16.65 | 59.85 | -0.03 | 76.92 | 75.0 | 10.59 | 22.29 | 81.03 | 0.00 | 17.38 | 58.47 |
| 21Q4 (9) | 7.77 | 15.28 | 51.17 | 1.05 | -8.7 | 600.0 | 0.21 | -12.5 | -25.0 | 0 | 0 | 0 | 8.72 | 4.18 | 50.34 | 1.51 | 17.05 | 184.91 | 7.22 | 1.26 | 39.38 | 23.24 | -8.25 | -4.58 | 9.44 | 8.38 | 57.86 | 0 | 0 | 0 | 0.89 | -5.32 | -19.09 | 0.03 | -25.0 | -50.0 | 11.73 | 0.0 | 0.0 | 2.1 | 0.0 | 8.81 | 0.1 | 0.0 | -16.67 | 8.79 | 20.74 | 71.35 | 10.99 | 15.93 | 53.06 | -0.13 | 7.14 | -30.0 | 8.66 | 21.29 | 72.17 | 0.00 | 3.53 | 49.56 |
| 21Q3 (8) | 6.74 | -25.36 | 17.22 | 1.15 | 0.0 | 666.67 | 0.24 | -7.69 | -14.29 | 0 | 0 | 0 | 8.37 | 8.98 | 45.82 | 1.29 | 16.22 | 248.65 | 7.13 | 7.7 | 54.66 | 25.33 | -2.36 | 8.24 | 8.71 | 17.39 | 46.14 | 0 | 0 | 0 | 0.94 | -4.08 | -19.66 | 0.04 | -20.0 | 33.33 | 11.73 | 0.0 | 0.0 | 2.1 | 8.81 | 8.81 | 0.1 | -16.67 | -16.67 | 7.28 | 2.82 | 58.26 | 9.48 | 3.83 | 42.56 | -0.14 | 0.0 | 0.0 | 7.14 | 2.88 | 60.09 | 0.00 | 20.63 | 41.31 |
| 21Q2 (7) | 9.03 | 24.9 | 65.69 | 1.15 | 666.67 | 360.0 | 0.26 | -7.14 | -7.14 | 0 | 0 | 0 | 7.68 | 21.9 | 41.7 | 1.11 | 32.14 | 79.03 | 6.62 | 21.02 | 37.92 | 25.94 | 10.31 | 0 | 7.42 | 12.59 | 21.44 | 0 | 0 | 0 | 0.98 | -4.85 | -20.97 | 0.05 | 0.0 | 25.0 | 11.73 | 0.0 | 0.0 | 1.93 | 0.0 | 0.0 | 0.12 | 0.0 | 0.0 | 7.08 | 18.59 | 67.38 | 9.13 | 13.84 | 45.38 | -0.14 | -16.67 | 17.65 | 6.94 | 18.63 | 70.94 | 0.00 | 8.1 | 34.48 |
| 21Q1 (6) | 7.23 | 40.66 | 44.89 | 0.15 | 0.0 | -40.0 | 0.28 | 0.0 | 0.0 | 0 | 0 | 0 | 6.3 | 8.62 | 46.17 | 0.84 | 58.49 | 425.0 | 5.47 | 5.6 | 30.24 | 23.52 | -3.44 | 0 | 6.59 | 10.2 | 25.52 | 0 | 0 | 0 | 1.03 | -6.36 | -21.37 | 0.05 | -16.67 | 25.0 | 11.73 | 0.0 | 0.0 | 1.93 | 0.0 | 7.82 | 0.12 | 0.0 | 50.0 | 5.97 | 16.37 | 29.22 | 8.02 | 11.7 | 23.77 | -0.12 | -20.0 | 14.29 | 5.85 | 16.3 | 30.58 | 0.00 | 10.78 | 25.49 |
| 20Q4 (5) | 5.14 | -10.61 | -0.39 | 0.15 | 0.0 | -50.0 | 0.28 | 0.0 | 0.0 | 0 | 0 | 0 | 5.8 | 1.05 | 37.12 | 0.53 | 43.24 | 289.29 | 5.18 | 12.36 | 26.96 | 24.35 | 4.07 | 0 | 5.98 | 0.34 | 16.12 | 0 | 0 | 0 | 1.1 | -5.98 | -20.29 | 0.06 | 100.0 | 20.0 | 11.73 | 0.0 | 0.0 | 1.93 | 0.0 | 7.82 | 0.12 | 0.0 | 50.0 | 5.13 | 11.52 | 15.28 | 7.18 | 7.97 | 13.79 | -0.1 | 28.57 | 16.67 | 5.03 | 12.78 | 16.17 | 0.00 | -2.18 | 35.14 |
| 20Q3 (4) | 5.75 | 5.5 | 0.0 | 0.15 | -40.0 | 0.0 | 0.28 | 0.0 | 0.0 | 0 | 0 | 0.0 | 5.74 | 5.9 | 0.0 | 0.37 | -40.32 | 0.0 | 4.61 | -3.96 | 0.0 | 23.40 | 0 | 0.0 | 5.96 | -2.45 | 0.0 | 0 | 0 | 0.0 | 1.17 | -5.65 | 0.0 | 0.03 | -25.0 | 0.0 | 11.73 | 0.0 | 0.0 | 1.93 | 0.0 | 0.0 | 0.12 | 0.0 | 0.0 | 4.6 | 8.75 | 0.0 | 6.65 | 5.89 | 0.0 | -0.14 | 17.65 | 0.0 | 4.46 | 9.85 | 0.0 | 0.00 | 14.8 | 0.0 |
