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) | 2.32 | 7.41 | 2.42 | 13.62 | 0.15 | 0.0 | 0 | 0 | 3.7 | -46.14 | -0.37 | 0 | 0.25 | -34.21 | 6.76 | 22.16 | 1.69 | -24.22 | 0.22 | 22.22 | 0.61 | 96.77 | 0.06 | 0.0 | 3.18 | 0.0 | 0 | 0 | 0.15 | 0.0 | -0.39 | 0 | -0.24 | 0 | -0.16 | 0 | -0.55 | 0 | 0.00 | 0 |
| 2022 (9) | 2.16 | 9.64 | 2.13 | -4.91 | 0.15 | 0.0 | 0 | 0 | 6.87 | -19.56 | -0.11 | 0 | 0.38 | -66.37 | 5.53 | -58.2 | 2.23 | -3.46 | 0.18 | 38.46 | 0.31 | -34.04 | 0.06 | 0.0 | 3.18 | -1.55 | 0.01 | 0 | 0.15 | 66.67 | -0.13 | 0 | 0.03 | -81.25 | -0.18 | 0 | -0.31 | 0 | -0.01 | 0 |
| 2021 (8) | 1.97 | -7.94 | 2.24 | 55.56 | 0.15 | 15.38 | 0 | 0 | 8.54 | 6.75 | 0.07 | -56.25 | 1.13 | 34.52 | 13.23 | 26.02 | 2.31 | 30.51 | 0.13 | 30.0 | 0.47 | -16.07 | 0.06 | 0.0 | 3.23 | 0.0 | 0 | 0 | 0.09 | 0.0 | 0.07 | 0 | 0.16 | 100.0 | -0.16 | 0 | -0.09 | 0 | 0.00 | 0 |
| 2020 (7) | 2.14 | 18.89 | 1.44 | 105.71 | 0.13 | 85.71 | 0 | 0 | 8.0 | 27.59 | 0.16 | 0 | 0.84 | 15.07 | 10.50 | -9.82 | 1.77 | 68.57 | 0.1 | 25.0 | 0.56 | 124.0 | 0.06 | 0.0 | 3.23 | -2.71 | 0 | 0 | 0.09 | 0.0 | -0.01 | 0 | 0.08 | 166.67 | -0.08 | 0 | -0.09 | 0 | 0.00 | -0.51 |
| 2019 (6) | 1.8 | -18.55 | 0.7 | 4.48 | 0.07 | 0.0 | 0 | 0 | 6.27 | -9.91 | -0.38 | 0 | 0.73 | -17.98 | 11.64 | -8.95 | 1.05 | -7.08 | 0.08 | -33.33 | 0.25 | -21.88 | 0.06 | 0.0 | 3.32 | 0.0 | 0.29 | 3.57 | 0.09 | 80.0 | -0.35 | 0 | 0.03 | -95.77 | -0.12 | 0 | -0.47 | 0 | 0.00 | -92.37 |
| 2018 (5) | 2.21 | -14.01 | 0.67 | 148.15 | 0.07 | 0.0 | 0 | 0 | 6.96 | 5.94 | 0.11 | -52.17 | 0.89 | 18.67 | 12.79 | 12.02 | 1.13 | 9.71 | 0.12 | 20.0 | 0.32 | -17.95 | 0.06 | 0.0 | 3.32 | 0.0 | 0.28 | 7.69 | 0.05 | -16.67 | 0.37 | -21.28 | 0.71 | -11.25 | -0.09 | 0 | 0.28 | -33.33 | 0.03 | 4.41 |
| 2017 (4) | 2.57 | -5.51 | 0.27 | 80.0 | 0.07 | 0 | 0 | 0 | 6.57 | -23.52 | 0.23 | -67.14 | 0.75 | 20.97 | 11.42 | 58.16 | 1.03 | -17.6 | 0.1 | 0 | 0.39 | 0 | 0.06 | 0.0 | 3.32 | 6.41 | 0.26 | 36.84 | 0.06 | 100.0 | 0.47 | -48.35 | 0.8 | -29.2 | -0.05 | 0 | 0.42 | -50.59 | 0.03 | 54.23 |
| 2016 (3) | 2.72 | -10.82 | 0.15 | 87.5 | 0 | 0 | 0 | 0 | 8.59 | 2.51 | 0.7 | -23.91 | 0.62 | 29.17 | 7.22 | 26.01 | 1.25 | 25.0 | 0 | 0 | 0 | 0 | 0.06 | 0 | 3.12 | 6.12 | 0.19 | 90.0 | 0.03 | 50.0 | 0.91 | -10.78 | 1.13 | -0.88 | -0.06 | 0 | 0.85 | -14.14 | 0.02 | 52.07 |
| 2015 (2) | 3.05 | 52.5 | 0.08 | 60.0 | 0.06 | 0.0 | 0 | 0 | 8.38 | 11.88 | 0.92 | 1.1 | 0.48 | -38.46 | 5.73 | -45.0 | 1.0 | 4.17 | 0 | 0 | 0 | 0 | 0 | 0 | 2.94 | 17.6 | 0.1 | 900.0 | 0.02 | 0 | 1.02 | 12.09 | 1.14 | 23.91 | -0.03 | 0 | 0.99 | 11.24 | 0.01 | -31.57 |
| 2014 (1) | 2.0 | 12.99 | 0.05 | 66.67 | 0.06 | -50.0 | 0 | 0 | 7.49 | 38.45 | 0.91 | 85.71 | 0.78 | 77.27 | 10.41 | 28.04 | 0.96 | 37.14 | 0 | 0 | 0.06 | -76.92 | 0 | 0 | 2.5 | 2.04 | 0.01 | 0 | 0 | 0 | 0.91 | 911.11 | 0.92 | 922.22 | -0.02 | 0 | 0.89 | 709.09 | 0.02 | 30.87 |
| 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) | 1.18 | -21.33 | -51.04 | 2.09 | 3.98 | -30.56 | 0.15 | 0.0 | 25.0 | 0 | 0 | 0 | 0.62 | -21.52 | -36.08 | -0.21 | -61.54 | -110.0 | 0.4 | 42.86 | -9.09 | 15.04 | 61.65 | 42.86 | 1.7 | 4.94 | -5.56 | 0.25 | 4.17 | 19.05 | 0.5 | -7.41 | 127.27 | 0.06 | 0.0 | 0.0 | 3.18 | 0.0 | 0.0 | 0 | 0 | 0 | 0.15 | 0.0 | 0.0 | -0.6 | -57.89 | -46.34 | -0.44 | -91.3 | -69.23 | -0.16 | 5.88 | 11.11 | -0.76 | -38.18 | -28.81 | 0.00 | 0 | 100.0 |
| 24Q2 (19) | 1.5 | -29.91 | -19.79 | 2.01 | -16.94 | -12.99 | 0.15 | 0.0 | 7.14 | 0 | 0 | 0 | 0.79 | 58.0 | -15.05 | -0.13 | 45.83 | 7.14 | 0.28 | 86.67 | -56.92 | 9.30 | 95.35 | -28.3 | 1.62 | -4.71 | -16.06 | 0.24 | 4.35 | 20.0 | 0.54 | -5.26 | 125.0 | 0.06 | 0.0 | 0.0 | 3.18 | 0.0 | 0.0 | 0 | 0 | 0 | 0.15 | 0.0 | 0.0 | -0.38 | 39.68 | -22.58 | -0.23 | 52.08 | -43.75 | -0.17 | 0.0 | 5.56 | -0.55 | 31.25 | -12.24 | 0.00 | 0 | 100.0 |
| 24Q1 (18) | 2.14 | -7.76 | -7.76 | 2.42 | 0.0 | -7.98 | 0.15 | 0.0 | 0.0 | 0 | 0 | 0 | 0.5 | -33.33 | -52.38 | -0.24 | -1300.0 | -50.0 | 0.15 | -40.0 | -61.54 | 4.76 | -29.52 | -26.74 | 1.7 | 0.59 | -22.37 | 0.23 | 4.55 | 21.05 | 0.57 | -6.56 | 111.11 | 0.06 | 0.0 | 0.0 | 3.18 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0.15 | 0.0 | 0.0 | -0.63 | -61.54 | -117.24 | -0.48 | -100.0 | -269.23 | -0.17 | -6.25 | 5.56 | -0.8 | -45.45 | -70.21 | 0.00 | 0 | 100.0 |
| 23Q4 (17) | 2.32 | -3.73 | 7.41 | 2.42 | -19.6 | 13.62 | 0.15 | 25.0 | 0.0 | 0 | 0 | 0 | 0.75 | -22.68 | -39.02 | 0.02 | 120.0 | 108.33 | 0.25 | -43.18 | -34.21 | 6.76 | -35.81 | 22.16 | 1.69 | -6.11 | -24.22 | 0.22 | 4.76 | 22.22 | 0.61 | 177.27 | 96.77 | 0.06 | 0.0 | 0.0 | 3.18 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0.15 | 0.0 | 0.0 | -0.39 | 4.88 | -200.0 | -0.24 | 7.69 | -900.0 | -0.16 | 11.11 | 11.11 | -0.55 | 6.78 | -77.42 | 0.00 | 100.0 | 100.0 |
| 23Q3 (16) | 2.41 | 28.88 | 26.84 | 3.01 | 30.3 | 26.47 | 0.12 | -14.29 | -20.0 | 0 | 0 | 0 | 0.97 | 4.3 | -46.11 | -0.1 | 28.57 | -225.0 | 0.44 | -32.31 | -50.56 | 10.53 | -18.87 | -6.09 | 1.8 | -6.74 | -24.05 | 0.21 | 5.0 | 23.53 | 0.22 | -8.33 | -37.14 | 0.06 | 0.0 | 0.0 | 3.18 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0.15 | 0.0 | 0.0 | -0.41 | -32.26 | -472.73 | -0.26 | -62.5 | -192.86 | -0.18 | 0.0 | 0.0 | -0.59 | -20.41 | -742.86 | -0.00 | -3.04 | 59.68 |
| 23Q2 (15) | 1.87 | -19.4 | -2.09 | 2.31 | -12.17 | 11.06 | 0.14 | -6.67 | -6.67 | 0 | 0 | 0 | 0.93 | -11.43 | -51.56 | -0.14 | 12.5 | -1500.0 | 0.65 | 66.67 | -26.97 | 12.97 | 99.6 | 27.26 | 1.93 | -11.87 | -21.22 | 0.2 | 5.26 | 25.0 | 0.24 | -11.11 | -36.84 | 0.06 | 0.0 | 0.0 | 3.18 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | 0.15 | 0.0 | 0.0 | -0.31 | -6.9 | -875.0 | -0.16 | -23.08 | -180.0 | -0.18 | 0.0 | -5.88 | -0.49 | -4.26 | -276.92 | -0.00 | 47.35 | -15.63 |
| 23Q1 (14) | 2.32 | 7.41 | 0.87 | 2.63 | 23.47 | 14.85 | 0.15 | 0.0 | 0.0 | 0 | 0 | 0 | 1.05 | -14.63 | -45.31 | -0.16 | 33.33 | -420.0 | 0.39 | 2.63 | -51.85 | 6.50 | 17.51 | -29.38 | 2.19 | -1.79 | -9.88 | 0.19 | 5.56 | 35.71 | 0.27 | -12.9 | -37.21 | 0.06 | 0.0 | 0.0 | 3.18 | 0.0 | 0.0 | 0.01 | 0.0 | 0 | 0.15 | 0.0 | 66.67 | -0.29 | -123.08 | -390.0 | -0.13 | -533.33 | -168.42 | -0.18 | 0.0 | -20.0 | -0.47 | -51.61 | -840.0 | -0.01 | -4.2 | 0 |
| 22Q4 (13) | 2.16 | 13.68 | 9.64 | 2.13 | -10.5 | -4.91 | 0.15 | 0.0 | 0.0 | 0 | 0 | 0 | 1.23 | -31.67 | -46.52 | -0.24 | -400.0 | -380.0 | 0.38 | -57.3 | -66.37 | 5.53 | -50.65 | -58.25 | 2.23 | -5.91 | -3.46 | 0.18 | 5.88 | 38.46 | 0.31 | -11.43 | -34.04 | 0.06 | 0.0 | 0.0 | 3.18 | 0.0 | -1.55 | 0.01 | 0.0 | 0 | 0.15 | 0.0 | 66.67 | -0.13 | -218.18 | -285.71 | 0.03 | -89.29 | -81.25 | -0.18 | 0.0 | -12.5 | -0.31 | -342.86 | -244.44 | -0.01 | 28.67 | 0 |
| 22Q3 (12) | 1.9 | -0.52 | 2.15 | 2.38 | 14.42 | 23.96 | 0.15 | 0.0 | 0.0 | 0 | 0 | 0 | 1.8 | -6.25 | -30.5 | 0.08 | 700.0 | -57.89 | 0.89 | 0.0 | -32.06 | 11.21 | 9.95 | -26.84 | 2.37 | -3.27 | 13.94 | 0.17 | 6.25 | 41.67 | 0.35 | -7.89 | -31.37 | 0.06 | 0.0 | 0.0 | 3.18 | 0.0 | -1.55 | 0.01 | 0.0 | 0 | 0.15 | 0.0 | 66.67 | 0.11 | 175.0 | -15.38 | 0.28 | 40.0 | 33.33 | -0.18 | -5.88 | -28.57 | -0.07 | 46.15 | -600.0 | -0.01 | -195.48 | 0 |
| 22Q2 (11) | 1.91 | -16.96 | -9.05 | 2.08 | -9.17 | 13.66 | 0.15 | 0.0 | 0.0 | 0 | 0 | 0 | 1.92 | 0.0 | -3.52 | 0.01 | -80.0 | 0.0 | 0.89 | 9.88 | 0.0 | 10.19 | 10.76 | -4.35 | 2.45 | 0.82 | 19.51 | 0.16 | 14.29 | 45.45 | 0.38 | -11.63 | -30.91 | 0.06 | 0.0 | 0.0 | 3.18 | 0.0 | -1.55 | 0.01 | 0 | 0 | 0.15 | 66.67 | 66.67 | 0.04 | -60.0 | 150.0 | 0.2 | 5.26 | 1900.0 | -0.17 | -13.33 | -41.67 | -0.13 | -160.0 | 35.0 | -0.00 | 0 | 0 |
| 22Q1 (10) | 2.3 | 16.75 | 34.5 | 2.29 | 2.23 | 61.27 | 0.15 | 0.0 | 0.0 | 0 | 0 | 0 | 1.92 | -16.52 | 16.36 | 0.05 | 200.0 | 162.5 | 0.81 | -28.32 | -7.95 | 9.20 | -30.52 | -14.75 | 2.43 | 5.19 | 27.23 | 0.14 | 7.69 | 27.27 | 0.43 | -8.51 | -27.12 | 0.06 | 0.0 | 0.0 | 3.18 | -1.55 | -1.55 | 0 | 0 | 0 | 0.09 | 0.0 | 0.0 | 0.1 | 42.86 | 211.11 | 0.19 | 18.75 | 0 | -0.15 | 6.25 | -36.36 | -0.05 | 44.44 | 75.0 | 0.00 | 0 | -100.0 |
| 21Q4 (9) | 1.97 | 5.91 | -7.94 | 2.24 | 16.67 | 55.56 | 0.15 | 0.0 | 15.38 | 0 | 0 | 0 | 2.3 | -11.2 | -0.86 | -0.05 | -126.32 | -171.43 | 1.13 | -13.74 | 34.52 | 13.25 | -13.54 | 26.32 | 2.31 | 11.06 | 30.51 | 0.13 | 8.33 | 30.0 | 0.47 | -7.84 | -16.07 | 0.06 | 0.0 | 0.0 | 3.23 | 0.0 | 0.0 | 0 | 0 | 0 | 0.09 | 0.0 | 0.0 | 0.07 | -46.15 | 800.0 | 0.16 | -23.81 | 100.0 | -0.16 | -14.29 | -100.0 | -0.09 | -800.0 | 0.0 | 0.00 | 0 | -100.0 |
| 21Q3 (8) | 1.86 | -11.43 | 24.83 | 1.92 | 4.92 | 53.6 | 0.15 | 0.0 | 114.29 | 0 | 0 | 0 | 2.59 | 30.15 | 8.37 | 0.19 | 1800.0 | 11.76 | 1.31 | 47.19 | 36.46 | 15.32 | 43.75 | 15.87 | 2.08 | 1.46 | 24.55 | 0.12 | 9.09 | 20.0 | 0.51 | -7.27 | 131.82 | 0.06 | 0.0 | 0.0 | 3.23 | 0.0 | -1.22 | 0 | 0 | 0 | 0.09 | 0.0 | 0.0 | 0.13 | 262.5 | 425.0 | 0.21 | 2000.0 | 425.0 | -0.14 | -16.67 | -16.67 | -0.01 | 95.0 | 93.75 | 0.00 | 0 | 0 |
| 21Q2 (7) | 2.1 | 22.81 | 33.76 | 1.83 | 28.87 | 50.0 | 0.15 | 0.0 | 114.29 | 0 | 0 | 0 | 1.99 | 20.61 | 11.17 | 0.01 | 112.5 | -66.67 | 0.89 | 1.14 | -6.32 | 10.66 | -1.29 | 0 | 2.05 | 7.33 | 33.99 | 0.11 | 0.0 | 57.14 | 0.55 | -6.78 | 161.9 | 0.06 | 0.0 | 0.0 | 3.23 | 0.0 | -1.22 | 0 | 0 | 0 | 0.09 | 0.0 | 0.0 | -0.08 | 11.11 | 61.9 | 0.01 | 0 | 107.69 | -0.12 | -9.09 | 7.69 | -0.2 | 0.0 | 41.18 | 0.00 | -100.0 | 100.0 |
| 21Q1 (6) | 1.71 | -20.09 | -9.52 | 1.42 | -1.39 | 49.47 | 0.15 | 15.38 | 114.29 | 0 | 0 | 0 | 1.65 | -28.88 | 9.27 | -0.08 | -214.29 | 27.27 | 0.88 | 4.76 | 4.76 | 10.80 | 2.96 | 0 | 1.91 | 7.91 | 75.23 | 0.11 | 10.0 | 37.5 | 0.59 | 5.36 | 156.52 | 0.06 | 0.0 | 0.0 | 3.23 | 0.0 | -2.71 | 0 | 0 | -100.0 | 0.09 | 0.0 | 0.0 | -0.09 | -800.0 | 81.25 | 0 | -100.0 | 100.0 | -0.11 | -37.5 | 26.67 | -0.2 | -122.22 | 68.25 | 0.00 | 2.89 | 197.38 |
| 20Q4 (5) | 2.14 | 43.62 | 18.89 | 1.44 | 15.2 | 105.71 | 0.13 | 85.71 | 85.71 | 0 | 0 | 0 | 2.32 | -2.93 | 47.77 | 0.07 | -58.82 | 136.84 | 0.84 | -12.5 | 15.07 | 10.49 | -20.69 | 0 | 1.77 | 5.99 | 68.57 | 0.1 | 0.0 | 25.0 | 0.56 | 154.55 | 124.0 | 0.06 | 0.0 | 0.0 | 3.23 | -1.22 | -2.71 | 0 | 0 | -100.0 | 0.09 | 0.0 | 0.0 | -0.01 | 75.0 | 97.14 | 0.08 | 100.0 | 166.67 | -0.08 | 33.33 | 33.33 | -0.09 | 43.75 | 80.85 | 0.00 | 0 | -0.51 |
| 20Q3 (4) | 1.49 | -5.1 | 0.0 | 1.25 | 2.46 | 0.0 | 0.07 | 0.0 | 0.0 | 0 | 0 | 0.0 | 2.39 | 33.52 | 0.0 | 0.17 | 466.67 | 0.0 | 0.96 | 1.05 | 0.0 | 13.22 | 0 | 0.0 | 1.67 | 9.15 | 0.0 | 0.1 | 42.86 | 0.0 | 0.22 | 4.76 | 0.0 | 0.06 | 0.0 | 0.0 | 3.27 | 0.0 | 0.0 | 0 | 0 | 0.0 | 0.09 | 0.0 | 0.0 | -0.04 | 80.95 | 0.0 | 0.04 | 130.77 | 0.0 | -0.12 | 7.69 | 0.0 | -0.16 | 52.94 | 0.0 | 0.00 | 100.0 | 0.0 |
