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) | 3.01 | 16.22 | 5.5 | -10.71 | 0.11 | 10.0 | 0 | 0 | 29.25 | -4.35 | 0.88 | -23.48 | 5.9 | -18.17 | 20.17 | -14.45 | 12.53 | -15.91 | 0 | 0 | 0.1 | -47.37 | 0.46 | 0.0 | 4.5 | 0.0 | 2.37 | 5.33 | 0 | 0 | 2.11 | 28.66 | 4.48 | -0.44 | 0.73 | -40.16 | 2.84 | -0.7 | 0.01 | 28.53 |
| 2022 (9) | 2.59 | -3.72 | 6.16 | -18.19 | 0.1 | -16.67 | 0 | 0 | 30.58 | 2.45 | 1.15 | 59.72 | 7.21 | -17.51 | 23.58 | -19.48 | 14.9 | 24.27 | 0 | 0 | 0.19 | 111.11 | 0.46 | -2.13 | 4.5 | 0.0 | 2.25 | 3.69 | 0.61 | 17.31 | 1.64 | 50.46 | 4.5 | 19.05 | 1.22 | 0 | 2.86 | 495.83 | 0.01 | -26.4 |
| 2021 (8) | 2.69 | -9.43 | 7.53 | 65.49 | 0.12 | 50.0 | 0 | 0 | 29.85 | 26.38 | 0.72 | 71.43 | 8.74 | 68.4 | 29.28 | 33.25 | 11.99 | 7.15 | 0 | 0 | 0.09 | -60.87 | 0.47 | 2.17 | 4.5 | 0.0 | 2.17 | 1.88 | 0.52 | 0.0 | 1.09 | 32.93 | 3.78 | 8.93 | -0.61 | 0 | 0.48 | 60.0 | 0.01 | -1.47 |
| 2020 (7) | 2.97 | 32.59 | 4.55 | 5.32 | 0.08 | 0.0 | 0 | 0 | 23.62 | -4.06 | 0.42 | 5.0 | 5.19 | -9.42 | 21.97 | -5.59 | 11.19 | 11.68 | 0 | 0 | 0.23 | 283.33 | 0.46 | 2.22 | 4.5 | 0.0 | 2.13 | 1.43 | 0.52 | 52.94 | 0.82 | -11.83 | 3.47 | 2.97 | -0.52 | 0 | 0.3 | -26.83 | 0.01 | 7.84 |
| 2019 (6) | 2.24 | 20.43 | 4.32 | 71.43 | 0.08 | 0 | 0 | 0 | 24.62 | -2.73 | 0.4 | -45.21 | 5.73 | 1.42 | 23.27 | 4.26 | 10.02 | 3.09 | 0 | 0 | 0.06 | 0 | 0.45 | 2.27 | 4.5 | 0.0 | 2.1 | 3.96 | 0.34 | 13.33 | 0.93 | -31.62 | 3.37 | -8.42 | -0.52 | 0 | 0.41 | -59.8 | 0.01 | 22.01 |
| 2018 (5) | 1.86 | -27.06 | 2.52 | -1.18 | 0 | 0 | 0 | 0 | 25.31 | 5.68 | 0.73 | -8.75 | 5.65 | -5.99 | 22.32 | -11.04 | 9.72 | 10.83 | 0 | 0 | 0 | 0 | 0.44 | -2.22 | 4.5 | 0.0 | 2.02 | 4.12 | 0.3 | 0 | 1.36 | -20.47 | 3.68 | 0.55 | -0.34 | 0 | 1.02 | -27.66 | 0.01 | 13.02 |
| 2017 (4) | 2.55 | -28.17 | 2.55 | 6.25 | 0 | 0 | 0 | 0 | 23.95 | -1.07 | 0.8 | -21.57 | 6.01 | 14.04 | 25.09 | 15.28 | 8.77 | -6.9 | 0 | 0 | 0 | 0 | 0.45 | -6.25 | 4.5 | 0.0 | 1.94 | 5.43 | 0 | 0 | 1.71 | -10.94 | 3.66 | -2.66 | -0.3 | 0 | 1.41 | -21.23 | 0.01 | 16.06 |
| 2016 (3) | 3.55 | -16.47 | 2.4 | 76.47 | 0 | 0 | 0 | 0 | 24.21 | -11.55 | 1.02 | -42.05 | 5.27 | -15.27 | 21.77 | -4.21 | 9.42 | 2.17 | 0 | 0 | 0 | 0 | 0.48 | 4.35 | 4.5 | 0.0 | 1.84 | 10.18 | 0 | 0 | 1.92 | -25.0 | 3.76 | -10.9 | -0.13 | 0 | 1.79 | -37.41 | 0.01 | 5.55 |
| 2015 (2) | 4.25 | -13.79 | 1.36 | 10.57 | 0 | 0 | 0 | 0 | 27.37 | -3.22 | 1.76 | -16.98 | 6.22 | 4.01 | 22.73 | 7.47 | 9.22 | 0.44 | 0 | 0 | 0 | 0 | 0.46 | 4.55 | 4.5 | 0.0 | 1.67 | 15.17 | 0 | 0 | 2.56 | -8.24 | 4.22 | -0.47 | 0.3 | 0.0 | 2.86 | -7.44 | 0.01 | 0.06 |
| 2014 (1) | 4.93 | -5.19 | 1.23 | 127.78 | 0 | 0 | 0 | 0 | 28.28 | 16.57 | 2.12 | 47.22 | 5.98 | 27.23 | 21.15 | 9.15 | 9.18 | 30.77 | 0 | 0 | 0 | 0 | 0.44 | 2.33 | 4.5 | 0.0 | 1.45 | 10.69 | 0 | 0 | 2.79 | 39.5 | 4.24 | 28.1 | 0.3 | 233.33 | 3.09 | 47.85 | 0.01 | -6.58 |
| 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) | 3.5 | 4.48 | 15.13 | 3.01 | -37.94 | -52.22 | 0.15 | -11.76 | 36.36 | 0 | 0 | 0 | 7.58 | 6.76 | 23.86 | 0.28 | 460.0 | 115.38 | 5.65 | -7.98 | 10.57 | 18.72 | -12.43 | 14.19 | 14.27 | 4.93 | -1.38 | 0 | 0 | 0 | 0.38 | -9.52 | 216.67 | 0.45 | 0.0 | -2.17 | 4.5 | 0.0 | 0.0 | 2.46 | 0.0 | 3.8 | 0 | 0 | 0 | 1.52 | 23.58 | -14.12 | 3.97 | 7.59 | -4.11 | 0.97 | 3.19 | -26.52 | 2.49 | 14.75 | -19.42 | 0.01 | 4.69 | 17.7 |
| 24Q2 (19) | 3.35 | -6.42 | 26.42 | 4.85 | -10.02 | -11.98 | 0.17 | 0.0 | 54.55 | 0 | 0 | 0 | 7.1 | 18.33 | 3.2 | 0.05 | 0.0 | -84.85 | 6.14 | 14.98 | 25.82 | 21.38 | 14.1 | 41.2 | 13.6 | 5.18 | -0.51 | 0 | 0 | 0 | 0.42 | -8.7 | 180.0 | 0.45 | -2.17 | 0.0 | 4.5 | 0.0 | 0.0 | 2.46 | 3.8 | 3.8 | 0 | 0 | 0 | 1.23 | -3.15 | -24.54 | 3.69 | 1.37 | -7.75 | 0.94 | 6.82 | -17.54 | 2.17 | 0.93 | -21.66 | 0.01 | 6.36 | 18.83 |
| 24Q1 (18) | 3.58 | 18.94 | 55.65 | 5.39 | -2.0 | 23.06 | 0.17 | 54.55 | 54.55 | 0 | 0 | 0 | 6.0 | -36.84 | -10.98 | 0.05 | -85.29 | -28.57 | 5.34 | -9.49 | 8.32 | 18.74 | -7.14 | 16.64 | 12.93 | 3.19 | -9.45 | 0 | 0 | 0 | 0.46 | 360.0 | 170.59 | 0.46 | 0.0 | 0.0 | 4.5 | 0.0 | 0.0 | 2.37 | 0.0 | 5.33 | 0 | 0 | -100.0 | 1.27 | -39.81 | 56.79 | 3.64 | -18.75 | -1.09 | 0.88 | 20.55 | -28.46 | 2.15 | -24.3 | 5.39 | 0.01 | -2.66 | 19.31 |
| 23Q4 (17) | 3.01 | -0.99 | 16.22 | 5.5 | -12.7 | -10.71 | 0.11 | 0.0 | 10.0 | 0 | 0 | 0 | 9.5 | 55.23 | -16.89 | 0.34 | 161.54 | -55.26 | 5.9 | 15.46 | -18.17 | 20.18 | 23.08 | -14.45 | 12.53 | -13.41 | -15.91 | 0 | 0 | 0 | 0.1 | -16.67 | -47.37 | 0.46 | 0.0 | 0.0 | 4.5 | 0.0 | 0.0 | 2.37 | 0.0 | 5.33 | 0 | 0 | -100.0 | 2.11 | 19.21 | 28.66 | 4.48 | 8.21 | -0.44 | 0.73 | -44.7 | -40.16 | 2.84 | -8.09 | -0.7 | 0.01 | 8.59 | 28.53 |
| 23Q3 (16) | 3.04 | 14.72 | 46.15 | 6.3 | 14.34 | -17.97 | 0.11 | 0.0 | 22.22 | 0 | 0 | 0 | 6.12 | -11.05 | -14.76 | 0.13 | -60.61 | -40.91 | 5.11 | 4.71 | -23.5 | 16.39 | 8.27 | -28.14 | 14.47 | 5.85 | -16.55 | 0 | 0 | 0 | 0.12 | -20.0 | -42.86 | 0.46 | 2.22 | -2.13 | 4.5 | 0.0 | 0.0 | 2.37 | 0.0 | 5.33 | 0 | 0 | -100.0 | 1.77 | 8.59 | 113.25 | 4.14 | 3.5 | 12.2 | 1.32 | 15.79 | 540.0 | 3.09 | 11.55 | 483.02 | 0.01 | 5.69 | -12.01 |
| 23Q2 (15) | 2.65 | 15.22 | 44.81 | 5.51 | 25.8 | -12.54 | 0.11 | 0.0 | 22.22 | 0 | 0 | 0 | 6.88 | 2.08 | 28.84 | 0.33 | 371.43 | 230.0 | 4.88 | -1.01 | -7.22 | 15.14 | -5.74 | -17.56 | 13.67 | -4.27 | -14.35 | 0 | 0 | 0 | 0.15 | -11.76 | -37.5 | 0.45 | -2.17 | -4.26 | 4.5 | 0.0 | 0.0 | 2.37 | 5.33 | 5.33 | 0 | -100.0 | -100.0 | 1.63 | 101.23 | 167.21 | 4.0 | 8.7 | 15.27 | 1.14 | -7.32 | 359.09 | 2.77 | 35.78 | 1529.41 | 0.01 | 6.8 | -18.78 |
| 23Q1 (14) | 2.3 | -11.2 | -4.56 | 4.38 | -28.9 | -3.95 | 0.11 | 10.0 | 10.0 | 0 | 0 | 0 | 6.74 | -41.03 | 1.81 | 0.07 | -90.79 | 16.67 | 4.93 | -31.62 | -10.85 | 16.06 | -31.89 | -12.36 | 14.28 | -4.16 | 6.65 | 0 | 0 | 0 | 0.17 | -10.53 | -37.04 | 0.46 | 0.0 | -2.13 | 4.5 | 0.0 | 0.0 | 2.25 | 0.0 | 3.69 | 0.61 | 0.0 | 17.31 | 0.81 | -50.61 | 19.12 | 3.68 | -18.22 | 9.2 | 1.23 | 0.82 | 386.05 | 2.04 | -28.67 | 716.0 | 0.01 | 4.86 | -29.41 |
| 22Q4 (13) | 2.59 | 24.52 | -3.72 | 6.16 | -19.79 | -18.19 | 0.1 | 11.11 | -16.67 | 0 | 0 | 0 | 11.43 | 59.19 | 12.72 | 0.76 | 245.45 | 61.7 | 7.21 | 7.93 | -17.51 | 23.59 | 3.38 | -19.42 | 14.9 | -14.07 | 24.27 | 0 | 0 | 0 | 0.19 | -9.52 | 111.11 | 0.46 | -2.13 | -2.13 | 4.5 | 0.0 | 0.0 | 2.25 | 0.0 | 3.69 | 0.61 | 0.0 | 17.31 | 1.64 | 97.59 | 50.46 | 4.5 | 21.95 | 19.05 | 1.22 | 506.67 | 300.0 | 2.86 | 439.62 | 495.83 | 0.01 | -25.66 | -26.4 |
| 22Q3 (12) | 2.08 | 13.66 | -13.33 | 7.68 | 21.9 | 13.44 | 0.09 | 0.0 | -18.18 | 0 | 0 | 0 | 7.18 | 34.46 | 9.79 | 0.22 | 120.0 | 57.14 | 6.68 | 27.0 | 12.65 | 22.81 | 24.22 | 1.53 | 17.34 | 8.65 | 27.5 | 0 | 0 | 0 | 0.21 | -12.5 | 40.0 | 0.47 | 0.0 | 0.0 | 4.5 | 0.0 | 0.0 | 2.25 | 0.0 | 3.69 | 0.61 | 0.0 | 17.31 | 0.83 | 36.07 | 43.1 | 3.69 | 6.34 | 12.5 | -0.3 | 31.82 | 52.38 | 0.53 | 211.76 | 1160.0 | 0.01 | -2.44 | -10.73 |
| 22Q2 (11) | 1.83 | -24.07 | -21.79 | 6.3 | 38.16 | 5.35 | 0.09 | -10.0 | -18.18 | 0 | 0 | 0 | 5.34 | -19.34 | -22.27 | 0.1 | 66.67 | 42.86 | 5.26 | -4.88 | -5.4 | 18.37 | 0.2 | -14.58 | 15.96 | 19.19 | 24.69 | 0 | 0 | 0 | 0.24 | -11.11 | 33.33 | 0.47 | 0.0 | 4.44 | 4.5 | 0.0 | 0.0 | 2.25 | 3.69 | 3.69 | 0.61 | 17.31 | 17.31 | 0.61 | -10.29 | 38.64 | 3.47 | 2.97 | 10.51 | -0.44 | -2.33 | 29.03 | 0.17 | -32.0 | 194.44 | 0.01 | -7.17 | -2.84 |
| 22Q1 (10) | 2.41 | -10.41 | -20.98 | 4.56 | -39.44 | -0.22 | 0.1 | -16.67 | 25.0 | 0 | 0 | 0 | 6.62 | -34.71 | 4.91 | 0.06 | -87.23 | 20.0 | 5.53 | -36.73 | 22.89 | 18.33 | -37.38 | 0.45 | 13.39 | 11.68 | 13.86 | 0 | 0 | 0 | 0.27 | 200.0 | 28.57 | 0.47 | 0.0 | 4.44 | 4.5 | 0.0 | 0.0 | 2.17 | 0.0 | 1.88 | 0.52 | 0.0 | 0.0 | 0.68 | -37.61 | 61.9 | 3.37 | -10.85 | 9.77 | -0.43 | 29.51 | 23.21 | 0.25 | -47.92 | 278.57 | 0.01 | 9.33 | 4.59 |
| 21Q4 (9) | 2.69 | 12.08 | -9.43 | 7.53 | 11.23 | 65.49 | 0.12 | 9.09 | 50.0 | 0 | 0 | 0 | 10.14 | 55.05 | 52.02 | 0.47 | 235.71 | 327.27 | 8.74 | 47.39 | 68.4 | 29.27 | 30.26 | 33.21 | 11.99 | -11.84 | 7.15 | 0 | 0 | 0 | 0.09 | -40.0 | -60.87 | 0.47 | 0.0 | 2.17 | 4.5 | 0.0 | 0.0 | 2.17 | 0.0 | 1.88 | 0.52 | 0.0 | 0.0 | 1.09 | 87.93 | 32.93 | 3.78 | 15.24 | 8.93 | -0.61 | 3.17 | -17.31 | 0.48 | 1060.0 | 60.0 | 0.01 | -9.84 | -1.47 |
| 21Q3 (8) | 2.4 | 2.56 | -11.11 | 6.77 | 13.21 | 26.54 | 0.11 | 0.0 | 37.5 | 0 | 0 | 0 | 6.54 | -4.8 | 8.82 | 0.14 | 100.0 | 180.0 | 5.93 | 6.65 | 29.19 | 22.47 | 4.51 | 12.89 | 13.6 | 6.25 | 23.64 | 0 | 0 | 0 | 0.15 | -16.67 | -16.67 | 0.47 | 4.44 | 2.17 | 4.5 | 0.0 | 0.0 | 2.17 | 0.0 | 1.88 | 0.52 | 0.0 | 0.0 | 0.58 | 31.82 | -17.14 | 3.28 | 4.46 | -2.38 | -0.63 | -1.61 | -6.78 | -0.05 | 72.22 | -145.45 | 0.01 | 6.18 | 16.26 |
| 21Q2 (7) | 2.34 | -23.28 | -3.31 | 5.98 | 30.85 | 36.22 | 0.11 | 37.5 | 0 | 0 | 0 | 0 | 6.87 | 8.87 | 21.16 | 0.07 | 40.0 | -68.18 | 5.56 | 23.56 | 27.82 | 21.50 | 17.82 | 0 | 12.8 | 8.84 | 16.26 | 0 | 0 | 0 | 0.18 | -14.29 | 125.0 | 0.45 | 0.0 | -4.26 | 4.5 | 0.0 | 0.0 | 2.17 | 1.88 | 1.88 | 0.52 | 0.0 | 0.0 | 0.44 | 4.76 | -32.31 | 3.14 | 2.28 | -4.85 | -0.62 | -10.71 | 3.12 | -0.18 | -28.57 | -1900.0 | 0.01 | -0.07 | 17.64 |
| 21Q1 (6) | 3.05 | 2.69 | 12.13 | 4.57 | 0.44 | 9.07 | 0.08 | 0.0 | 100.0 | 0 | 0 | 0 | 6.31 | -5.4 | 19.73 | 0.05 | -54.55 | 25.0 | 4.5 | -13.29 | 16.88 | 18.25 | -16.95 | 0 | 11.76 | 5.09 | 22.5 | 0 | 0 | 0 | 0.21 | -8.7 | 162.5 | 0.45 | -2.17 | -2.17 | 4.5 | 0.0 | 0.0 | 2.13 | 0.0 | 1.43 | 0.52 | 0.0 | 52.94 | 0.42 | -48.78 | -35.38 | 3.07 | -11.53 | -0.65 | -0.56 | -7.69 | 0.0 | -0.14 | -146.67 | -255.56 | 0.01 | 2.99 | 16.59 |
| 20Q4 (5) | 2.97 | 10.0 | 32.59 | 4.55 | -14.95 | 5.32 | 0.08 | 0.0 | 0.0 | 0 | 0 | 0 | 6.67 | 10.98 | 9.17 | 0.11 | 120.0 | 120.0 | 5.19 | 13.07 | -9.42 | 21.97 | 10.39 | 0 | 11.19 | 1.73 | 11.68 | 0 | 0 | 0 | 0.23 | 27.78 | 283.33 | 0.46 | 0.0 | 2.22 | 4.5 | 0.0 | 0.0 | 2.13 | 0.0 | 1.43 | 0.52 | 0.0 | 52.94 | 0.82 | 17.14 | -11.83 | 3.47 | 3.27 | 2.97 | -0.52 | 11.86 | 0.0 | 0.3 | 172.73 | -26.83 | 0.01 | 6.38 | 7.84 |
| 20Q3 (4) | 2.7 | 11.57 | 0.0 | 5.35 | 21.87 | 0.0 | 0.08 | 0 | 0.0 | 0 | 0 | 0.0 | 6.01 | 6.0 | 0.0 | 0.05 | -77.27 | 0.0 | 4.59 | 5.52 | 0.0 | 19.90 | 0 | 0.0 | 11.0 | -0.09 | 0.0 | 0 | 0 | 0.0 | 0.18 | 125.0 | 0.0 | 0.46 | -2.13 | 0.0 | 4.5 | 0.0 | 0.0 | 2.13 | 0.0 | 0.0 | 0.52 | 0.0 | 0.0 | 0.7 | 7.69 | 0.0 | 3.36 | 1.82 | 0.0 | -0.59 | 7.81 | 0.0 | 0.11 | 1000.0 | 0.0 | 0.01 | 7.44 | 0.0 |
