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) | 3.92 | -4.39 | 0.53 | 6.0 | 3.49 | 730.95 | 0 | 0 | 0.65 | -47.58 | -0.49 | 0 | 0.16 | -15.79 | 24.62 | 60.65 | 2.44 | -5.79 | 1.92 | -5.42 | 5.91 | -24.9 | 0 | 0 | 8.18 | 0.0 | 0 | 0 | 0 | 0 | -0.49 | 0 | -0.49 | 0 | -0.47 | 0 | -0.96 | 0 | 0.19 | 1.03 |
| 2022 (9) | 4.1 | -33.33 | 0.5 | 4900.0 | 0.42 | 0 | 0 | 0 | 1.24 | -35.75 | -0.48 | 0 | 0.19 | -38.71 | 15.32 | -4.6 | 2.59 | 4.86 | 2.03 | -1.46 | 7.87 | 8.25 | 0 | 0 | 8.18 | 0.0 | 0 | 0 | 0 | 0 | -0.48 | 0 | -0.48 | 0 | -0.25 | 0 | -0.73 | 0 | 0.19 | 2.26 |
| 2021 (8) | 6.15 | 16.7 | 0.01 | -99.75 | 0 | 0 | 0 | 0 | 1.93 | -26.89 | -0.13 | 0 | 0.31 | -26.19 | 16.06 | 0.96 | 2.47 | 8.81 | 2.06 | -3.29 | 7.27 | 320.23 | 0 | 0 | 8.18 | 2.38 | 0 | 0 | 0 | 0 | -0.13 | 0 | -0.13 | 0 | -0.64 | 0 | -0.77 | 0 | 0.19 | -5.65 |
| 2020 (7) | 5.27 | 65.72 | 4.05 | 0.0 | 0 | 0 | 0 | 0 | 2.64 | -52.86 | -0.11 | 0 | 0.42 | -43.24 | 15.91 | 20.39 | 2.27 | 2.71 | 2.13 | -1.39 | 1.73 | 0 | 0 | 0 | 7.99 | 0.0 | 0 | 0 | 0 | 0 | -0.11 | 0 | -0.11 | 0 | -0.49 | 0 | -0.6 | 0 | 0.20 | 163.74 |
| 2019 (6) | 3.18 | 56.65 | 4.05 | -31.01 | 0 | 0 | 0 | 0 | 5.6 | -63.82 | -0.22 | 0 | 0.74 | -43.51 | 13.21 | 56.15 | 2.21 | -8.68 | 2.16 | 644.83 | 0 | 0 | 0 | 0 | 7.99 | 0.0 | 0 | 0 | 0 | 0 | -0.22 | 0 | -0.22 | 0 | -0.5 | 0 | -0.72 | 0 | 0.08 | 0 |
| 2018 (5) | 2.03 | -50.0 | 5.87 | -10.24 | 0 | 0 | 0 | 0 | 15.48 | 34.61 | -0.17 | 0 | 1.31 | 25.96 | 8.46 | -6.42 | 2.42 | -10.7 | 0.29 | 0.0 | 0 | 0 | 0 | 0 | 7.99 | 0.0 | 0 | 0 | 0 | 0 | -0.18 | 0 | -0.18 | 0 | -0.15 | 0 | -0.33 | 0 | 0.00 | 0 |
| 2017 (4) | 4.06 | 15.01 | 6.54 | 33.2 | 0 | 0 | 0 | 0 | 11.5 | 159.59 | -0.16 | 0 | 1.04 | 89.09 | 9.04 | -27.16 | 2.71 | -3.21 | 0.29 | -3.33 | 0 | 0 | 0 | 0 | 7.99 | 0.0 | 0.01 | 0 | 0 | 0 | -0.07 | 0 | -0.06 | 0 | -0.08 | 0 | -0.15 | 0 | 0.00 | 0 |
| 2016 (3) | 3.53 | -15.95 | 4.91 | -15.92 | 0 | 0 | 0 | 0 | 4.43 | -29.46 | 0.1 | 0 | 0.55 | -31.25 | 12.42 | -2.54 | 2.8 | 12.0 | 0.3 | 0.0 | 0 | 0 | 0 | 0 | 7.99 | 0.0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0.1 | 0 | 0.26 | -74.26 | 0.36 | 0 | 0.00 | 0 |
| 2015 (2) | 4.2 | -47.24 | 5.84 | -20.0 | 0.11 | -96.14 | 0 | 0 | 6.28 | -41.03 | -3.66 | 0 | 0.8 | -44.83 | 12.74 | -6.44 | 2.5 | -41.04 | 0.3 | -90.65 | 0 | 0 | 0 | 0 | 7.99 | 2.44 | 1.15 | 4.55 | 0 | 0 | -2.07 | 0 | -0.92 | 0 | 1.01 | 4.12 | -1.06 | 0 | 0.00 | 0 |
| 2014 (1) | 7.96 | 12.75 | 7.3 | 42.58 | 2.85 | -40.13 | 0 | 0 | 10.65 | -28.95 | 0.48 | -59.66 | 1.45 | -18.54 | 13.62 | 14.66 | 4.24 | -0.47 | 3.21 | 935.48 | 0 | 0 | 0 | 0 | 7.8 | 5.26 | 1.1 | 12.24 | 0 | 0 | 1.64 | 37.82 | 2.74 | 21.24 | 0.97 | 410.53 | 2.61 | 89.13 | 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) | 2.24 | -17.95 | -37.25 | 0.46 | -13.21 | -13.21 | 1.45 | -21.62 | -49.12 | 0 | 0 | 0 | 0.1 | 11.11 | -23.08 | -0.07 | 70.83 | -16.67 | 0.15 | 7.14 | 0.0 | 38.46 | 15.38 | 94.87 | 2.48 | -1.98 | -3.12 | 1.95 | 0.52 | -1.52 | 7.74 | 2.65 | 17.63 | 0 | 0 | 0 | 8.18 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.32 | 56.76 | -18.52 | -0.32 | 56.76 | -18.52 | -0.01 | -114.29 | 90.91 | -0.33 | 50.75 | 13.16 | 0.19 | -0.27 | -0.82 |
| 24Q2 (19) | 2.73 | -29.46 | -34.53 | 0.53 | 0.0 | 0.0 | 1.85 | 5.11 | -43.25 | 0 | 0 | 0 | 0.09 | 12.5 | -60.87 | -0.24 | -2300.0 | -200.0 | 0.14 | 40.0 | -6.67 | 33.33 | 86.67 | 93.33 | 2.53 | 0.4 | 2.02 | 1.94 | 0.0 | -0.51 | 7.54 | -2.71 | 22.4 | 0 | 0 | 0 | 8.18 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.74 | -48.0 | -252.38 | -0.74 | -48.0 | -252.38 | 0.07 | 800.0 | 115.22 | -0.67 | -31.37 | 0.0 | 0.19 | -0.02 | -2.76 |
| 24Q1 (18) | 3.87 | -1.28 | -7.86 | 0.53 | 0.0 | 0.0 | 1.76 | -49.57 | -42.3 | 0 | 0 | 0 | 0.08 | -33.33 | -52.94 | -0.01 | 95.45 | 92.31 | 0.1 | -37.5 | 0.0 | 17.86 | -27.46 | 87.5 | 2.52 | 3.28 | 1.61 | 1.94 | 1.04 | -3.96 | 7.75 | 31.13 | 32.25 | 0 | 0 | 0 | 8.18 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.5 | -2.04 | 18.03 | -0.5 | -2.04 | 18.03 | -0.01 | 97.87 | 96.0 | -0.51 | 46.88 | 40.7 | 0.19 | -3.05 | -2.01 |
| 23Q4 (17) | 3.92 | 9.8 | -4.39 | 0.53 | 0.0 | 6.0 | 3.49 | 22.46 | 730.95 | 0 | 0 | 0 | 0.12 | -7.69 | -47.83 | -0.22 | -266.67 | 37.14 | 0.16 | 6.67 | -15.79 | 24.62 | 24.72 | 59.35 | 2.44 | -4.69 | -5.79 | 1.92 | -3.03 | -5.42 | 5.91 | -10.18 | -24.9 | 0 | 0 | 0 | 8.18 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.49 | -81.48 | -2.08 | -0.49 | -81.48 | -2.08 | -0.47 | -327.27 | -88.0 | -0.96 | -152.63 | -31.51 | 0.19 | 2.6 | 1.03 |
| 23Q3 (16) | 3.57 | -14.39 | -1.11 | 0.53 | 0.0 | 17.78 | 2.85 | -12.58 | 1935.71 | 0 | 0 | 0 | 0.13 | -43.48 | -45.83 | -0.06 | 25.0 | 14.29 | 0.15 | 0.0 | -31.82 | 19.74 | 14.47 | 38.16 | 2.56 | 3.23 | -0.78 | 1.98 | 1.54 | -4.35 | 6.58 | 6.82 | -7.97 | 0 | 0 | 0 | 8.18 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.27 | -28.57 | -125.0 | -0.27 | -28.57 | -125.0 | -0.11 | 76.09 | -120.0 | -0.38 | 43.28 | -123.53 | 0.19 | -2.23 | -0.22 |
| 23Q2 (15) | 4.17 | -0.71 | -41.68 | 0.53 | 0.0 | 5200.0 | 3.26 | 6.89 | 0 | 0 | 0 | 0 | 0.23 | 35.29 | -43.9 | -0.08 | 38.46 | -14.29 | 0.15 | 50.0 | -53.12 | 17.24 | 81.03 | -0.32 | 2.48 | 0.0 | -2.36 | 1.95 | -3.47 | -5.8 | 6.16 | 5.12 | -15.38 | 0 | 0 | 0 | 8.18 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.21 | 65.57 | -320.0 | -0.21 | 65.57 | -320.0 | -0.46 | -84.0 | -58.62 | -0.67 | 22.09 | -97.06 | 0.19 | 0.76 | 0.79 |
| 23Q1 (14) | 4.2 | 2.44 | -26.83 | 0.53 | 6.0 | 5200.0 | 3.05 | 626.19 | 0 | 0 | 0 | 0 | 0.17 | -26.09 | -51.43 | -0.13 | 62.86 | -750.0 | 0.1 | -47.37 | -56.52 | 9.52 | -38.35 | -20.5 | 2.48 | -4.25 | -2.75 | 2.02 | -0.49 | -4.27 | 5.86 | -25.54 | -19.39 | 0 | 0 | 0 | 8.18 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.61 | -27.08 | -454.55 | -0.61 | -27.08 | -454.55 | -0.25 | 0.0 | 7.41 | -0.86 | -17.81 | -126.32 | 0.19 | -0.04 | 2.28 |
| 22Q4 (13) | 4.1 | 13.57 | -33.33 | 0.5 | 11.11 | 4900.0 | 0.42 | 200.0 | 0 | 0 | 0 | 0 | 0.23 | -4.17 | -57.41 | -0.35 | -400.0 | -600.0 | 0.19 | -13.64 | -38.71 | 15.45 | 8.13 | -3.33 | 2.59 | 0.39 | 4.86 | 2.03 | -1.93 | -1.46 | 7.87 | 10.07 | 8.25 | 0 | 0 | 0 | 8.18 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.48 | -300.0 | -269.23 | -0.48 | -300.0 | -269.23 | -0.25 | -400.0 | 60.94 | -0.73 | -329.41 | 5.19 | 0.19 | 1.33 | 2.26 |
| 22Q3 (12) | 3.61 | -49.51 | -19.6 | 0.45 | 4400.0 | 1400.0 | 0.14 | 0 | 0 | 0 | 0 | 0 | 0.24 | -41.46 | -56.36 | -0.07 | 0.0 | -600.0 | 0.22 | -31.25 | -38.89 | 14.29 | -17.41 | -23.81 | 2.58 | 1.57 | 10.73 | 2.07 | 0.0 | 0.49 | 7.15 | -1.79 | 40.2 | 0 | 0 | 0 | 8.18 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.12 | -140.0 | -50.0 | -0.12 | -140.0 | -50.0 | -0.05 | 82.76 | 92.75 | -0.17 | 50.0 | 77.92 | 0.19 | -1.24 | 0.66 |
| 22Q2 (11) | 7.15 | 24.56 | 18.38 | 0.01 | 0.0 | -50.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.41 | 17.14 | -14.58 | -0.07 | -450.0 | -133.33 | 0.32 | 39.13 | 6.67 | 17.30 | 44.39 | 17.62 | 2.54 | -0.39 | 9.01 | 2.07 | -1.9 | -0.48 | 7.28 | 0.14 | 43.03 | 0 | 0 | 0 | 8.18 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.05 | 54.55 | 72.22 | -0.05 | 54.55 | 72.22 | -0.29 | -7.41 | 57.35 | -0.34 | 10.53 | 60.47 | 0.19 | 2.24 | 1.84 |
| 22Q1 (10) | 5.74 | -6.67 | -2.21 | 0.01 | 0.0 | -98.96 | 0 | 0 | 0 | 0 | 0 | 0 | 0.35 | -35.19 | -5.41 | 0.02 | 140.0 | 150.0 | 0.23 | -25.81 | -36.11 | 11.98 | -25.03 | -20.47 | 2.55 | 3.24 | 10.39 | 2.11 | 2.43 | 0.0 | 7.27 | 0.0 | 43.11 | 0 | 0 | 0 | 8.18 | 0.0 | 2.38 | 0 | 0 | 0 | 0 | 0 | 0 | -0.11 | 15.38 | 26.67 | -0.11 | 15.38 | 26.67 | -0.27 | 57.81 | 51.79 | -0.38 | 50.65 | 46.48 | 0.19 | -0.06 | -5.3 |
| 21Q4 (9) | 6.15 | 36.97 | 16.7 | 0.01 | -66.67 | -99.75 | 0 | 0 | 0 | 0 | 0 | 0 | 0.54 | -1.82 | 3.85 | -0.05 | -400.0 | -171.43 | 0.31 | -13.89 | -26.19 | 15.98 | -14.78 | 0.44 | 2.47 | 6.01 | 8.81 | 2.06 | 0.0 | -3.29 | 7.27 | 42.55 | 320.23 | 0 | 0 | 0 | 8.18 | 0.0 | 2.38 | 0 | 0 | 0 | 0 | 0 | 0 | -0.13 | -62.5 | -18.18 | -0.13 | -62.5 | -18.18 | -0.64 | 7.25 | -30.61 | -0.77 | 0.0 | -28.33 | 0.19 | -0.25 | -5.65 |
| 21Q3 (8) | 4.49 | -25.66 | -38.24 | 0.03 | 50.0 | -99.28 | 0 | 0 | 0 | 0 | 0 | 0 | 0.55 | 14.58 | -17.91 | -0.01 | 66.67 | -133.33 | 0.36 | 20.0 | -44.62 | 18.75 | 27.5 | -7.12 | 2.33 | 0.0 | 0.87 | 2.06 | -0.96 | -1.9 | 5.1 | 0.2 | 400.0 | 0 | 0 | 0 | 8.18 | 0.0 | 2.38 | 0 | 0 | 0 | 0 | 0 | 0 | -0.08 | 55.56 | 52.94 | -0.08 | 55.56 | 52.94 | -0.69 | -1.47 | -9.52 | -0.77 | 10.47 | 3.75 | 0.19 | -0.08 | -6.4 |
| 21Q2 (7) | 6.04 | 2.9 | -1.79 | 0.02 | -97.92 | -99.51 | 0 | 0 | 0 | 0 | 0 | 0 | 0.48 | 29.73 | -42.17 | -0.03 | 25.0 | 66.67 | 0.3 | -16.67 | -52.38 | 14.71 | -2.37 | 0 | 2.33 | 0.87 | 10.43 | 2.08 | -1.42 | 0.0 | 5.09 | 0.2 | 399.02 | 0 | 0 | 0 | 8.18 | 2.38 | 2.38 | 0 | 0 | 0 | 0 | 0 | 0 | -0.18 | -20.0 | 10.0 | -0.18 | -20.0 | 10.0 | -0.68 | -21.43 | 5.56 | -0.86 | -21.13 | 6.52 | 0.19 | -4.93 | -6.8 |
| 21Q1 (6) | 5.87 | 11.39 | 132.94 | 0.96 | -76.3 | -76.41 | 0 | 0 | 0 | 0 | 0 | 0 | 0.37 | -28.85 | -40.32 | -0.04 | -157.14 | 66.67 | 0.36 | -14.29 | -52.63 | 15.06 | -5.32 | 0 | 2.31 | 1.76 | 6.45 | 2.11 | -0.94 | -0.94 | 5.08 | 193.64 | 0 | 0 | 0 | 0 | 7.99 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.15 | -36.36 | 54.55 | -0.15 | -36.36 | 54.55 | -0.56 | -14.29 | 0.0 | -0.71 | -18.33 | 20.22 | 0.20 | -0.43 | 123.69 |
| 20Q4 (5) | 5.27 | -27.51 | 65.72 | 4.05 | -2.64 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.52 | -22.39 | -52.73 | 0.07 | 133.33 | 0 | 0.42 | -35.38 | -43.24 | 15.91 | -21.19 | 0 | 2.27 | -1.73 | 2.71 | 2.13 | 1.43 | -1.39 | 1.73 | 69.61 | 0 | 0 | 0 | 0 | 7.99 | 0.0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.11 | 35.29 | 50.0 | -0.11 | 35.29 | 50.0 | -0.49 | 22.22 | 2.0 | -0.6 | 25.0 | 16.67 | 0.20 | -1.05 | 163.74 |
| 20Q3 (4) | 7.27 | 18.21 | 0.0 | 4.16 | 1.46 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | 0.67 | -19.28 | 0.0 | 0.03 | 133.33 | 0.0 | 0.65 | 3.17 | 0.0 | 20.19 | 0 | 0.0 | 2.31 | 9.48 | 0.0 | 2.1 | 0.96 | 0.0 | 1.02 | 0.0 | 0.0 | 0 | 0 | 0.0 | 7.99 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0 | 0 | 0.0 | -0.17 | 15.0 | 0.0 | -0.17 | 15.0 | 0.0 | -0.63 | 12.5 | 0.0 | -0.8 | 13.04 | 0.0 | 0.20 | -0.5 | 0.0 |
